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OCTOBER 1966 / VOLUME 46 NUMBER
10
SUKVEY OF CURRENT BUSINESS
.',/••.
•:•••'•' ,
CONTENTS
v
THE BUSINESS SITUATION
Summary
1
Product aitd Income Up in Third Quarter
S
National Income and Product Tables
6
Consumer Credit Developments
9
1966 Model Autos Set New Record
12
IL S. Department. erf Commerce
John T. Connor / Secretary
William H, Shaw / Assistant Secretary
for Economic Affairs
Office of Business Economics
George Jaszi / Director
•,
*' •
Morris R. Goldman Louis J, Paradise
Associate Directors
Murray F. Foss / Editor
Leo V. Barry, Jr. / Statistics Editor
Billy Jo Hurley / Graphics
ARTICLE
Auto Ownership by Households in Mid-1964
Influences of Income and Other Socioeeonomie Factors
STAFF CONTRIBUTORS TO THIS ISSUE
14
CURRENT BUSINESS STATISTICS
General
S1-S24
Industry
S24-S40
Subject Index (Inside Back Cover)
Business Review:
David R. Hull, Jr.
Leo Bernstein
Donald A. King
Esther G. Kittner
Article; -\ • '
. ••
Charles S. Friedman
Irene N» Rosner
' * - . , = , - * =- , ,
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Make checks payable to the Superintendent of Documents and send to U.S. Government Printing Office,
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U.S. DEPARTMENT OF COMMERCE FIELD OFFICES
Albuquerque, N. Mex. 87101
U.S. Courthouse Ph. 247-0311.
Anchorage, Alaska 99501
Loussac-30gn Bldg. 272-6331.
Atlanta, &a. 30303
75 Forsyth St. NW. 526-6000.
Baltimore, Ma. 21202
305 TJ.S, Customhouse PL 2-8460.
Birmingham, Ala. 35205
908 S. 20th St. Ph. 325-3327,
Boston, Mass, 02110
80 Federal St. CA 3-2312.
Bnifalo, N.Y. 14203
117 EUicott St. Ph. 842-3208;
Charleston, S.C, 29403
334 Meefing St,
Ph. 747-4171,
Charleston, W. Va; 25301
500 Qoarrier St. Ph. 343-6196.
„ me, Wyo
6022 U.S. Federal BWg.
Ph. 634-5920.
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I486 New Federal Bldg.
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E. 6th St. and Superior Ave.
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Benrer, Colo, 80202
16407 Fed. Bldg., 20th & Stout Sts.
Ph. 297-3246.
Des Moiries, Iowa 50309
1216 Paramoutit BIdg,
Ph, 284-4222.
Detroit, Mich. 48226
445 Federal Bldg. Ph. 226-6088.
Creensboro, N.C, 27402
412 U.S. Post OflSce Bldg.
Ph, 275-9111.
Hartford, Conn. 06103
18 Asylum St. Ph. 244-3530.
Honolulu, Hawaii 96813
202 International Savings Bldg.
Ph. 588-977.
Houston, Tex. 77002
515 Busk Ave. Ph, 228-0611.
Jacksonville, Fla« 32202
208 Laura St. Ph. 354-7111.
Kansas City, Mo. 64106
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Los Angeles, CaUf. 90015
1031 S. Broadway Ph. 688-2833.
Memphis, Tenn. 38103
345 Federal OMce Bldg.
Ph. 534-3214.
s
Miami, Fla. 33130
SI SW* Fkst Ave. Ph, 350-5267.
Milwaukee, Wis* 53203
238 W, Wisconsin Ave. BE 2-8600.
' Minneapolis, Minn, •• 55401*
306 Federal Bldg. Ph. 334-2133,
New Orleans, La. 70130
610 South St. Ph. 527-6546.
New York, N.Y, 10001
Empire State Bldg. LO 3-3377.
Philadelphia, Pa, 19107
1015 Chestnut St. Ph. 597-2850.
Phoenix, Arias. 85025
230 N. First Ave. Ph. 261-3285.
Pittsburgh, Pa. 15222
1000 Liberty Ave. Ph. 644-2850.
5
Portland, Oreg. 97204
217 Old tF.S. Courthouse Bldg,
Ph. 226-3361.
Reno, Nev, 89502
300 Booth St. Ph. 784-5203.
Eichmond, Va. 23240
2105 Federal Bldg. Ph. 649-3611.
St. towis, Mo. 63103
2511 Federal Bldg. MA 2-4243.
Salt Lake City, Utah 84111
125 South State St, Ph. 524-5116.
San Francisco, Calif. 94102
450 Golden Gate Ave.
Pfa» 556-5864.
Santurcev Puferto Rico 00907
605 Condado Ave. Ph. 723-4640.
Savannah,* <Sa.. ' 31402
235 If. S. Courthouse and P.O,
Bldg. 232-4321.
Seattle, Wash. ^8104
809 Federal Office Bldg.
583-5615.
the BUSINESS SITUATION
JSINESS activity continued strong
in September, mainly under the stimulus of rising defense outlays and
business purchases of durable equipment. Personal income rose to a new
peak, and retail sales, industrial production, and nonagricultural employment continued at about record August
rates. Wholesale prices of industrial
commodities dipped slightly in September—the first monthly decrease in
2 years—after little overall change in
August.
The September performance capped
a third quarter advance in real GNP
that was larger than the second quarter
rise but below the very sharp increases
in the fourth quarter of 1965 and the
first quarter of 1966. The third quarter
record makes it quite clear that tight
money is having a major impact on
residential and commercial construction. It is not yet certain what effect
credit stringency is having on other
components of aggregate demand.
However, the declines in construction
have been large enough to limit the
growth in total output.
Personal income up
Personal income showed another
strong gain in September as weekly
hours of work lengthened in many key
industries and rates of pay rose substantially. After a $5.4 billion income
rise in August, the September advance
of $4.1 billion raised the total to a
seasonally adjusted annual rate of
$589.5 billion.
Wage and salary payments rose $2.1
billion last month, with two-thirds of
the increase in private payrolls. Payrolls in manufacturing, distributive,
and service industries showed increases
of approximately $% billion each.
Longer workweeks prevailed in many
of the high-wage durable goods manufacturing industries, and there was a
sizable step-up in hourly earnings of
manufacturing production workers.
These advances more than offset the
CHART 1
GNP Up About $60 Billion or 9 Percent,
Third Quarter 1965-Third Quarter 1966
Current $ Change in Billions
0
10
Consumer Nondurables
Consumer Services
National Defense
Nonresidential Fixed
Investment
State and Local
Government
Consumer Durables
Change in Business
Inventories
Federal Nondefense
Net Exports
Residential Fixed
Investment
Seasonally Adjusted, at Annual Rates
U.S. Department of Commerce, Office of Business Economics
leveling off in manufacturing employment that took place in September.
Nonpayroll incomes showed moderate increases in September. Transfer
payments continued to be bolstered by
the Medicare program, and interest
incomes again reflected the higher rates
available on savings.
From August to September, nonfarm
employment showed a change that was
about in line with normal seasonal
expectations. It was the first time in
almost 2 years that seasonally adjusted
establishment employment failed to increase, but this should not be viewed as
a weakness in the demand for labor,
which, on the contrary, remains very
strong. According to the household
survey, there was an unusually large
movement of teenagers out of temporary summer jobs back to school.
Teenage employment, seasonally adjusted, rose very sharply from May to
June and remained high throughout
the summer, so that the September
employment drop was mainly an offset
to the early summer rise. With job
openings plentiful, employment of adult
women showed a large increase last
month, extending the rising trend in
progress since early summer. Employment of adult men, whose unemployment rates are very low, was not much
changed, continuing the pattern evident
since late last year.
The unemployment rate dipped to
3.8 percent of the civilian labor force, a
slight improvement over the 3.9-4.0
rate that prevailed from May through
August. Rates continue to be very
low for experienced workers but above
1
SURVEY OF CUEEENT BUSINESS
October 1966
m
CHART 2
SELECTED ECONOMIC MEASURES
INDUSTRIAL PRODUCTION
EMPLOYMENT
PERSONAL INCOME
Billion $
650
Million Persons
1957-59=100
68
180
/(ahnu'al rate) "
600
64
160
Total Nonfarm
-Total
Total
(Establishment Data)
140
550
500
450
56
I I I I I I I M M I I I.I I I I I I l I I I I I f I I I II I I I
NEW ORDERS
Billion $
52
,
120
i i i i | ,j j i i i | i i i;,i i I i i l.l I.!/*! I I I I 1:1:1 I I
RETAIL STORE SALES
Billion $
100 ' ' ' ' ' ' ' ' » ' ' » 1
I i M i i Ii i i i M i i
MERCHANDISE TRADE
Billion $
4
28
24
Durable Goods,
20
Imports
16
12
,1 ( M i l l I 1,1 I I I I I I I M I M i l M I I I I I I I M
1964
1965
20
1966
I I M I I I I I I I I I I I I I I I I I I I I Ml
1964
^965
RESIDENTIAL CONSTRUCTION
Million Units
2.0
Private (annual rate)
I I I Ml I
1966
0
M M II M M I I I M IM M I III M M M M M I
1964
1965
1966
WHOLESALE PRICES
CONSUMER PRICES
1957-59=100
1957-59=100
120
115
no
Total ,
105
V
Foods at Home
Industrial
100
• • •.' ,
100
COMMERCIAL BANK LOANS
Billion ,«
225
(unadjusted)
I I I I I I I I I I I I I I I I I I M M I I M M I I I M I
,
95
INTEREST RATES AND YIELDS
Percent
7
(unadjusted) '
I M I I I I I I II I I I M I I M I I I I M II I I M I M
1941-43 = 10
STOCK PRICES
110
Conventional 1st Mortgages
Total, Outstanding
;, ; \ (end of month)
New Houses \^
200
100
Standard and Poor's 500 Common Stocks
Moody's Corporate Bonds Aaa
175
90
150
80
.
125
I I I I I I I M I I I I I I M I I I I I I I I I I II I I I M I
1964
1965
1966
Note.-Data are seasonally adjusted unless otherwise specified.
U.S. Department of Commerce, Office of Business Economics
3
3-Month Treasury Bills
. (unadjusted)
I I I I I I I M I I i I I I M I I I I I I I I M I I III I I I
1964
1965
1966
70
II I M
IM Ml 1 M
1964
I I I I'M M M
1965
I I '\ I'4 I I I'-l'l I 1966
Data: Public and Private Sources
66-10-2
October 1966
average for the young, the unskilled,
and Negroes.
Industrial production unchanged
Industrial output was about unchanged in September after seasonal
adjustment, with further gains in durable goods production approximately
offset by a decline in the output of
nondurables. Auto production rose
from its reduced August level, and
machinery production continued to
advance, but seasonally adjusted steel
output declined in September for the
second straight month. The combined August-September drop in steel
was moderate—about 4 percent—and
was from a near-record annual rate of
about 143 million tons.
The curtailment of steel output
may be due to a weakness in the demand
for steel for residential and commercial
construction. In addition, motor vehicle producers appear to be following
cautious buying policies, according to
trade reports. Even though fourth
quarter production schedules are high,
auto producers are holding new orders
for steel to a minimum until the sales
pattern of the 1967 model cars becomes
clearer.
Assembly lines began producing the
1967 models in large volume during
September, and output increased steadily in each week of the month. However, passenger car production of about
650,000 units was below planned output
because of start-up problems in several plants.
According to present schedules, which
are still tentative, auto makers plan to
assemble 880,000 passenger cars in
October and close to 2.5 million units
in the October-December period.
Fourth quarter production schedules,
if fulfilled, would represent a sharp
increase from third quarter output
on a seasonally adjusted basis but a 5
percent reduction from the record set
in the fourth quarter of 1965.
Wholesale prices steady
Wholesale prices for all commodities were unchanged from August to
September and down a little if seasonal
movements are taken into consideration. For the third quarter as a whole,
the price index averaged 0.9 percent
SURVEY OF CUEEENT BUSINESS
above the second quarter, with farm
and food prices up 1.9 percent and
industrial commodities up 0.6 percent.
Prices for industrial commodities
edged down 0.1 percent in September,
seasonally adjusted, as 6 of the 13
major commodity groups showed decreases and 4 were unchanged from
August. Sizable price declines were
reported for hides and skins and for
manufactured animal feeds. Competitive market conditions led to reductions
in prices for manmade textile fibers
and for heavy-duty rubber tires and
tubes; the weak housing market continued to reduce the demand for
lumber and led to further price cuts.
Prices for most metal products advanced during September but these
increases were offset in the group
index by lower average prices for
copper mill products. Machinery
prices were about unchanged, on balance, with a decrease in motor vehicle
prices offsetting advances in most
types of machinery.
The September data tend to confirm
earlier indications that upward pressures on industrial prices, although still
evident, have eased this summer. From
June to September, the industrial price
index rose only 0.2 percent, as compared with increases of close to 1 percent
in each of the two preceding 3-month
timespans. Five of the 13 commodity
groups in the BLS Wholesale Price
Index showed smaller gains in the
summer months than in the spring, and
another 6 recorded price decreases
from June to September.
Credit restriction evident
The policy of restraint being followed
by the Federal Eeserve continued in
September, and the tight condition in
credit markets persisted. Total loans
and investments at commercial banks
declined $2.2 billion, seasonally adjusted, from August to September,. for
the first monthly reduction in bank
credit in nearly 5% years. Although
much of the drop was caused by a
$1.9 billion decrease in holdings of U.S.
Government securities, bank loans fell
by $0.6 billion from August. Total
loans had been rising steadily since mid1961. Portfolios of securities other than
U.S. Government obligations were
about unchanged for the second month
in a row.
Interest rates in September averaged
somewhat higher than in August, but
rates showed some decline after midmonth. For the month as a whole,
3-month Treasury bill rates averaged
5.36 percent, as compared with 4.95
percent in August; corporate Aaa
rated bonds sold to yield 5.49 percent in
September, up from 5.31 percent in
August.
Product and Income Up in Third Ouarter
ECONOMIC activity rose briskly in spending and in State and local governthe third quarter following the slowing ment purchases. There was no change
in the rate of advance during the spring. from the second quarter in net exports.
According to preliminary estimates, Inventory investment was moderately
gross national product rose $13% billion less than in the second quarter, while
or 1% percent to reach a seasonally purchases of structures, notably resiadjusted annual rate of $746 billion dential, declined. The third quarter
estimates are based upon preliminary
(chart 3).
The advance reflected large increases and incomplete source data, and are
in purchases of military goods and subject to revision next month.
Prices, as measured by the GNP
services, consumer durable goods, and
producers' durable equipment, but- deflator, rose % of 1 percent, a slower
tressed by gains in other consumer rate of advance than the 1 percent
SURVEY OF CURRENT BUSINESS
increases that occurred in each of the
first two quarters of this year. The
physical volume of production (GNP
in constant dollars) rose 1 percent, or
considerably more than the modest
second quarter increase. Since the
third quarter of 1965, constant dollar
GNP has risen 5% percent, as compared
with an 8% percent rise in current
dollars.
The rise in production and a marked
increase in transfer payments combined
to raise personal income 2 percent.
Personal taxes rose at a somewhat
faster pace than personal income so
that the gain in disposable personal
income amounted to IK percent. With
disposable personal income rising more
rapidly than prices, real disposable
personal income increased about % of
The expansion of GNP accelerated moderately
in the third quarter...
Billion $ Change
20
October 1966
1 percent, in contrast to the slight $2% billion on nondurable goods, and
decline that occurred in the second $4 billion on services. Larger purquarter.
chases of autos and of furniture and
household equipment contributed about
Consumer spending increases
equally to the durable goods rise.
The third quarter gain in disposable Increases of $1% billion in clothing
personal income was accompanied by purchases and $1 billion in food aca still sharper relative increase in counted for most of the rise in nonpersonal consumption expenditures, durables.
which advanced $10 billion, or 2%
The latest quarterly gain brought
percent, to an annual rate of $470 durable goods spending back to the
billion. This was a marked improve- record annual rate of $70% billion
ment over the second quarter ex- registered in the first quarter. Purperience, when the sharp decline in chases of nonauto durables rose to a
automobile purchases limited the rise record in the last quarter, but auto
in total consumer expenditures to outlays, at an annual rate of $30 billion,
$4K billion.
were still $1K billion below their first
The third quarter gains in consumer quarter peak. The third quarter gain
purchases were widespread, as spending in auto spending reflected, in part, a
rose $3% billion on durable goods, moderate pickup in unit sales of
domestic cars, which rose to a seasonally
adjusted annual rate of 8.4 million
units after falling from a record 9.1
million
in the first quarter to 7.9
CHART 3
million in the second. Auto sales in
the third quarter did not include the
STATE and LOCAL GOVERNMENT spending . . .
new 1967 models to any significant
degree since they were introduced only
Billion $ Change
5
in the last week of September.
Military spending up sharply
and BUSINESS FIXED INVESTMENT
continued to r i s e . . .
10
with large increases in CONSUMER spending . .
while INVENTORY INVESTMENT was
less than in the second quarter...
15
-5
and RESIDENTIAL CONSTRUCTION
declined sharply
and NATIONAL DEFENSE purchases
-5
IV
III
1965
Change From Previous Quarter Seasonally Adjusted, at Annual Rates
U.S. Department of Commerce, Office of Business Economics
1966
The war in Vietnam continues to be
a major stimulus to economic activity.
The $4 billion gain in military spending
was the largest for any quarter since
the step-up in hostilities last year.
About three-fourths of the rise in military outlays went for the purchase of
equipment and supplies, while the remainder was attributable to higher
personnel costs. Increases in pay rates
and in the number of servicemen and
civilians employed by the Defense
Department contributed about equally
to the rise in personnel costs.
Chart 4 depicts the share of GNP
devoted to national defense since 1939.
Although the 27 percent rise in military
spending since the first quarter of 1965
was twice as large as the expansion in
GNP over the same period, the proportion of GNP going to military purchases^—8 percent—is still comparatively
low.
Federal civilian purchases of goods
and services showed little increase during the third quarter as the cost of a
Federal pay raise was largely offset by
SUEVEY OF CUKKENT BUSINESS
October 1966
the continued decline in Governmentheld agricultural inventories. Purchases by State and local governments
rose $2 billion last quarter5 in line with
their recent trend.
Business investment mixed
The long advance in business fixed
investment continued in the third
quarter with an increase of $1% billion
(annual rate). Although still well below the large increases recorded in late
1965 and the opening quarter of 1966,
the rise was somewhat greater than in
the spring quarter. The summer advance occurred in the equipment component, as outlays on nonresidential
construction fell. The decline in nonresidential construction was most pronounced in commercial and institutional
building; these decreases were partly
offset by an increase in public utility
construction.
The sustained rise in business fixed
investment brought its share of GNP
to 10% percent, exceeding the 10% percent recorded in the capital goods boom
of 1956-57. The difference is somewhat more pronounced in constant dollar terms: On this basis, business fixed
investment now takes 11 percent of
GNP, as compared with 10% percent in
1956-57.
The increase in business fixed invest-
ment has outpaced the rise in internal
funds and has contributed to the extreme tightness in credit markets that
has developed since the beginning of the
year. With a further substantial increase in outlays coming in the fourth
quarter, as the latest OBE-SEC plant
and equipment survey indicates, the
Administration asked Congress in September to suspend the investment tax
credit on new equipment and accelerated depreciation on buildings, in order
to dampen the pressure on demand and
to ease the pressure in credit markets.
Nonfarm inventories increased by
$10% billion at an annual rate, or about
$1% billion less than the $12% billion
rise in the second quarter. The tentative character of the third quarter estimates of inventory change should be
kept in mind.
The reduction in the growth of nonfarm inventories resulted from a marked
turnaround in auto dealers' stocks, from
a sizable accumulation in the second
quarter to a net liquidation in the third.
Preliminary data indicate that increases
in inventory investment were pronounced in business and defense equipment industries: transportation equipment—particularly aircraft—electrical
and nonelectrical machinery, and fabricated metals. However, the rates of
accumulation in manufacturing nondur-
ables and in retail trade (other than
auto dealers) were running below the
corresponding second quarter rates, and
there was little change in the pace of
inventory investment in wholesale trade.
Residential construction off
A further tightness in credit conditions this summer, evidenced by the
(Continued on page 9)
CHART 5
PERSONAL INCOME in the third quarter
rose $111/2 billion
Billion $ Change
PERSONAL TAXES continued to increase sharply .
-4
and DISPOSABLE INCOME increased $?H billion
CHART 4
16
National Defense Purchases as a Percent of GNP
Percent
50
With a smaller rise in prices, DISPOSABLE INCOME
in CONSTANT DOLLARS rebounded following a
decline in the second quarter
16
(1958 $)
IV
III
.1.1
1939
1945
1950
1955
1960
1963
1964
1965
1966
Quarterly
U.S. Department of Commerce, Office of Business Economics
I
1965
66-10-4
II
1966
Change From Previous Quarter
Seasonally Adjusted, at Annual Rates
U.S. Department of Commerce, Office of Business Economics
SURVEY OF CUEEENT BUSINESS
6
October 1966
NATIONAL INCOME AND PRODUCT TABLES
1965
1963
1964
II
1965
III
1965
1966
IV
I
II
III*
1963
1964
II
1965
Seasonally adjusted at annual rates
III
1966
IV
i
ii
m>
Seasonally adjusted at annual rates
Billions of current dollars
Billions of 1958 dollars
Table 1.—Gross National Product in Current and Constant Dollars (1.1, 1.2)
Gross national product
Personal consumption expenditures _ . .
Durable goods
Nondurable goods
Services
_
590.5
631.7
681.2
672.9
686.5
704.4
721.2
732 3
746 0
551.0
580.0
614.4
607.8
618.2
631.2
640.5
643.5
375.0
401.4
431.5
426.8
435.0
445.2
455.6
460. 1
470.0
353.3
373.8
oq/» n
392.2
398.9
406.5
412.8
412.2
53.9
168.6
152.4
59.4
178.9
163.1
66.1
190.6
174.8
64.4
189.4
173.0
66.7
191.4
176.9
68.0
197.0
180.2
70.3
201.9
183.4
67 1
205 6
187 4
70 3
208 3
191.4
53.7
162.2
137.4
59.1
170.5
144. 2
66.4
178. 2
151.6
64.2
177.6
150.4
67.2
178.5
153.1
69.2
182.5
154.8
72.2
184.1
156.5
68.5
185.8
157.9
87.1
93.0
106.6
103 7
106.7
111.9
114.5
118 5
116 0
82.5
86.5
97.8
95.3
97.9
102.2
103.5
106.3
81.3
54.3
19.5
34,8
27.0
26.4
6
5.9
5.1
.8
88.3
60.7
21 0
39.7
27.6
27.0
6
4.7
5.3
—.6
97.5
69.7
24.9
44.8
27.8
27.2
6
9.1
8.1
.9
96.0
67.9
24 6
43 3
28.1
27.5
6
7.6
6.7
.9
98.0
70.2
24.4
45.8
27.8
27.3
5
8.7
7.2
1.5
101.5
73.9
26.8
47. 1
27.6
27.0
.5
10.4
9.0
1.4
105.6
77.0
28.5
48.5
28.6
28.0
.5
8.9
8.5
.5
106.2
78.2
27 9
50 3
28.0
27.4
6
12.3
12 1
.2
105.2
80.0
27 3
52 7
25.2
24.6
6
10.8
11.3
— .5
76.7
51.9
17.9
34.0
24.8
24.2
.5
5.8
5.1
.8
81.9
57.4
18.9
38.5
24.6
24.0
.5
4.6
5.2
-.6
89.0
64.9
21.7
43.2
24.1
23.6
.5
8.8
8.0
.9
88.0
63.4
21.7
41.7
24.5
24.0
.5
7.3
6.5
.8
89.4
65.5
21.3
44.2
23.9
23.4
.5
8.5
7.1
1.4
91.9
68.4
23.2
45.2
23.5
23.0
.5
10.2
8.9
1.3
95.0
70.8
24.3
46.4
24.3
23.8
.5
8.5
8.0
.4
94.7
71.3
23.6
47.7
23.4
22.9
.5
11.6
11.4
.2
5.9
32.3
26 4
8.5
37.0
28 5
7.0
39.0
32.0
8.2
40.5
32 3
7.1
40.1
33 0
6.1
40.3
34.2
6.0
41.7
35.6
4.7
41.9
37 3
4.7
43.7
39 0
5.6
32.1
26.6
8.5
36.4
28.0
6.3
37.3
31.0
7.1
38. 7
31.6
6.4
38.4
31.9
6.0
38.7
32.8
5.9
40.1
34.2
4.6
40.3
35.8
Government purchases of goods and services
Federal
National defense
Other
State and local
122.5
64 2
50.8
13.5
58.2
128.9
65 2
50.0
15.2
63.7
136.2
66 8
50.1
16.7
69.4
134.3
65 6
49.1
16.5
68.7
137.7
67.5
50.7
16.8
70.2
141.2
69.8
52.5
17.3
71.4
145.0
71.9
54.6
17.4
73.1
149.0
74 0
57 1
16.9
75.0
155.3
78 3
61 3
17.0
77.0
109.6
59.5
111.3
57.8
114.1
57.8
113.2
57.3
115.0
58.3
116.6
59.3
118.3
60.4
120.4
61.9
50.1
53.4
56.3
55.9
56.7
57.3
57.9
58.5
Addendum: Implicit price deflator for seasonally
adjusted GNP, 1958 = 100
107.2
108.9
110.9
110.7
111.0
111.6
112.6
113.8
114.6
Gross private domestic investment
Fixed investment
Nonresidential. . _
Structures
Producers' durable equipment
Residential structures
Nonfarm
Farm
Change in business inventories
Nonfarm
Farm
Net exports of goods and services
Exports
Imports
650.7
Table 2.—Gross National Product by Major Type of Product in Current and Constant Dollars (1.3, 1.5)
Gross national product
._
__
Final sales
Change in business inventories
--_ -.
590.5
631.7
681.2
672.9
686.5
704.4
721.2
732.3
746.0
551.0
580.0
614.4
607.8
618.2
631.2
640.5
643.5
584.6
5.9
627.0
4.7
672.1
9.1
665.3
7.6
677.8
8.7
694.0
10.4
712.3
8.9
720.0
12.3
735.2
10.8
545.2
5.8
575.4
4.6
605.6
8.8
600.5
7.3
609.7
8.5
621.0
10.2
632.0
8.5
631.9
11.6
298.6
318.2
344.7
338.8
347.5
358.8
366.0
371.6
289.7
307.2
328.5
322. 5
330.9
341.0
344.7
346.7
Final sales
_ __
Change in business inventories
292.7
5.9
313.6
4 7
335.7
9.1
331.2
7.6
338.8
8.7
348.4
10.4
357.0
8.9
359.3
12.3
283.9
5.8
302.6
4.6
319.7
8.8
315.2
7.3
322 .4
8.5
330.7
10.2
336.2
8.5
335.1
11.6
Durable goods
Final sales
Change in business inventories
116. 1
113 3
2.8
125 5
122 2
3.3
138.5
132 2
6.3
135.2
128 8
6.4
141.0
134 3
6.7
142.6
137 9
4.7
147.6
141.8
5.8
149.6
140 6
9.0
114.2
111.4
2.8
123.1
119.9
3.2
135.5
129.4
6.1
131.7
125.5
6.2
138.3
131.8
6.5
140.3
135.7
4.7
145.4
139.9
5.5
146.0
137. 6
8. 4
Nondurable goods
Final sales
Change in business inventories
182 5
179 4
3.1
192 7
191 3
1.4
206 3
203 5
2.7
203 6
202.4
1.2
206 5
204.4
2.1
216 2
210.5
5.7
218 4
215.2
3.1
222 0
218.7
3.3
175.6
172.5
3.1
184.1
182.7
1.4
193 0
190.3
2.7
190.8
189.6
1.1
192.6
190.6
2.0
200.6
195.1
5.6
199.4
196.3
3.0
200.8
197.6
3.2
Goods output
-
--
_
10.8
226 2
244 5
262 0
259 8
265.1
268.8
275.5
282.1
200.9
211.2
221.1
220.3
223.3
224.0
227.7
230.9
Structures
65 7
68 9
74 5
74 3
73.9
76.9
79.8
78.6
60.4
61.7
64.8
65.0
64.0
66.2
68.0
66.0
Addendum * Gross auto product
25 1
25 8
31 4
30 8
31 6
30 5
31.5
28 6
24.7
25.4
31.4
30.6
31.9
30. 7
32.2
29.1
Services
650.7
Table 3.— Gross National Product by Sector in Current and Constant Dollars (1.7, 1.8)
Gross national product..
Private
Business
Nonfarm
Farm
Households and institutions
Rest of the world
General government
Preliminary.
__ 590.5
631.7
681.2
672.9
686.5
704.4
721.2
732.3
746.0
551.0
580.0
614. 4
607.8
618.2
631. 2
640.5
643. 5
530.8
563.5
557.3
567.2
579.4
588.0
589.9
532 4
568 7
613 4
606 4
618.2
633.8
648.4
657.6
503.2
513 0
491 5
21.5
16 0
34
547
527
20
17
4
4
0
4
3
0
590 8
567 1
23.8
18 3
4 3
583 6
559 4
24.2
18 0
4 8
595 3
570 6
24.7
18 7
41
611 2
586 6
24.7
19 1
34
624 9
599 3
25.7
19 1
4 4
634 0
609 0
25.0
19 1
4 4
486 6
463 8
22.8
13 2
34
513 3
491.2
22.0
13 6
3.9
545 4
521. 7
23.8
14 0
4.1
538 9
515.1
23.8
13.7
4.6
548 9
524.6
24.3
14.2
4.0
561. 6
537.5
24.1
14.5
3.3
569.4
546. 4
23.0
14.3
4.3
571. 4
548.4
22.9
14.2
4.3
63 0
67 8
66 6
68 3
70 6
72.8
74 7
47.8
49.2
50.9
50.5
51.1
51.8
52.5
53.6
58 1
650. 7
1965
1963
1964
1965
II
III
1966
IV
I
II
1965
III"
1963
1964
1965
II
III
1966
IV
I
II
III*
Seasonally adjusted at annual rates
Seasonally adjusted at annual rates
[Billions of dollars]
Table 4.—Relation of Gross National Product, National Income,
and Personal Income (1.9)
Gross national product
Less: Capital consumption
allowances _ _ _
Equals: Net national product
Less: Indirect business tax
and nontax liability
Business transfer payments. _
Statistical discrepancy
Plus: Subsidies less current
surplus of government
enterprises
Equals : National income
Less: Corporate profits and
inventory valuation
adjustment.Contributions for social
insurance
Wage accruals less disbursements
_
590.5 631.7 681.2 672.9 686.5 704.4 721.2 732.3
52.6
59.6
59.1
60.2
60.8
746.0
62.7
63.7
537.9 575.7 621.6 613.8 626.3 643.6 659.7 669.6
682.3
54.7
56.0
62.7
61.6
62.2
62.7
63.6
63.0
64.7
65.9
2.3
2.6
2.5
2.5
-.3 -1.4 -1.6 -2.1
2.5
-.8
2.6
.4
2.6
-.8
2.6
—.9
2.6
.9
.9
.8
.9
1.0
.8
58.5
1.3
1.0
1.0
Table 6.—National Income by Type of Income (1.10)
481.9 517.3 559.0 552.2 562.7 577.8 595.7 604.1
58.9
66.6
74.2
72.7
74.0
76.9
80.0
79.9
26.9
28.0
29.2
29.0
29.2
29.8
36.5
37.0
38.4
.0
.0
.0
.0
.0
.0
.0
.0
.0
33.0
34.2
37.1
35.2
39.4
37.9
40.0
40.1
42.2
17.6
16.5
19.1
17.3
20.6
19.2
20.5
18.8
20.9
19.5
21.0
20.2
21.9
20.9
22.5
21.1
22. 9
2.3
2.5
2.6
2.5
2.5
2.6
2.6
2.6
2. 6
Equals: Personal income-. __ _ 465.5 496.0 535.1 527.6 541.9 552.8 564.6 573.5
585. 0
Plus: Government transfer
payments to persons
Interest paid by government (net) and by
consumers
Dividends.
Business transfer payments
[Billions of dollars]
21. 1
Table 5.—Gross Corporate Product1 (1.14)
Profits before tax
Gross corporate product. _. 335.0 360.9 391.2 385.8 393.1 403.9 415.2 422.0
Capital consumption allowances
Indirect business taxes plus
transfer payments less subsidies
31.8
33.9
36.3
36.0
36.8
37.2
37.7 38.5
39-1
32.9
34.8
37.4
37.1
37.3
37.9
37.3 38.5
39
-1
Income originating in corporate
business
_
. 270.4 292.3 317.5 312.8 319.0 328.8 340.1 345.0
Compensation of employees. .
Wages and salaries
__
Supplements
Net interest
Corporate profits and inventory valuation adjustment
Profits before tax
Profits tax liability
Profits after tax
_ __
Dividends
.
Undistributed profits. _Inventory valuation adGross product originating
in financial institutions..
216.3 231.4 249.0 246.1 250.5 256.8 265.9 271.1
194.9 208.5 224.1 221.6 225.4 231.2 237.2 241.8
21.4 22.9 24.8 24.5 25.1 25.7 28.7 29.3
2 ? -2.5 -2.4 -2.4 -2.4 -2.5
-2.4 -2.7
56.4
56.9
26.3
30.5
15.4
15.1
63.6
64.0
28.4
35.6
16.0
19.6
-.5
-.4 -1.5 -1.8 -1.0 -1.8 -2.8
15.0
15.6
71.0
72.5
31.2
41.3
17.7
23.6
16.5
69.2
70.9
30.7
40.2
17.2
23.0
16.3
70.9
71.9
30.9
41.0
18.1
22.9
16.6
74.4
76.2
32.4
43.7
19.0
24.7
17.2
76.7
79.5
34.1
45.4
19.4
26.0
Indirect business taxes plus
transfer payments less subsidies
Income originating in nonfinancial corporations
Compensation of employees . _
Wages and salaries
Supplements
Net interest _ _
Corporate profits and inventory valuation adjustment
Profits before tax
Profits tax liability.
Profits after tax
Dividends
Undistributed profits. _
Inventory valuation adjustment
Addenda:
Cash flow, gross of dividends:
All corporations
Nonfinancial corporations
Cash flow, net of dividends;
All corporations
Nonfinancial corporations
246. 3
-2! 5
76.4
79.3
34.1
45.2
19.5
25.7
Q 0
1
3 Excludes
32.9
35.3
35.0
35.8
36.3
36.8 37.5
31.5
33. 3
35.8
35.5
35.8
36.3
35.7 36.9
o7 K
257. 6 279.0 303.5 299.0 304.9 314.1 325.2 329.7
204.4 218.7 235.5 232.8 236.9 243.0 251.6 256.6
184.5 197.3 212.3 209.9 213.5 219.0 224.8 229.1
19.9 21.4 23.2 22.9 23.4 24.0 26.8 27.4
4.5
5.2
5.9
5.8
6.0
6.3
6.3 6.5
~26L7
2
H6
6^6
-.5
A
62.1
63.6
27.5
36.1
16.2
19.9
60.4
62.2
27.0
35.2
15.7
19.5
61.9
62.9
27.2
35.8
16.6
19.2
67.3
70.1
30.2
39.9
17.7
22.2
66.6
69.5
30.0
39.5
18.0
21.5
-1.5 -1.8 -1.0 -1.8 -2.8 -2.9
62.3
57.1
69.5
64.3
77.6
71.4
76.2
70.1
77.8
71.6
80.9
74.4
83.1 83.7
76.7 76.9
46.8
42.8
53.5
49.7
59.9
55.2
59.0
54.4
59.7
55.0
61.9
57.0
63.7 64.2
58.9 59.0
gross product originating in the rest of the world.
Preliminary.
64.9
66.7
28.5
38.2
17.5
20.7
74.5
75.0
78.7
82.7
82.8
30.7
43.8
18.8
25.0
30.9
44.1
19.5
24.6
32.4
46.3
20.2
26.1
34.1
48.7
20.9
27.8
34.1
48.7
21.1
27.6
21.1
2 9
-3.2
19.6
20.2
Inventory valuation adjustment
-.5
-.4 -1.5 -1.8 -1.0 -1.8 -2.8
13.8
15.5
17.8
17.5
18.1
18.7
19.1
Table 7.—National Income by Industry Division (1.11)
All industries, total
481.9 517.3 559.0 552.2 562.7 577.8 595.7 604.1
Agriculture, forestry, and
fisheries
Mining and construction.
Manufacturing
_ _ __
Nondurable goods
Durable goods
18.6 17.7 21.0 21.4 21.9 22.1 23.2 22.6
1 30. 2 32. 4 34. 8 34. 4 34.6 35. 9 37. 1 37.5
143.8 155. 1 170.4 167. 6 170.8 176.5 184.4 186.7
57.5 61.5 65.6 64.9 65.6 67.5 69.8 115.7
86.3 93.6 104.8 102.7 105.2 108.9 114.7 71.0
Transportation __
Communication _._
_
Electric, gas, and sanitary
services
Wholesale and retail trade.—
17.5 18.0
31.0
55.2
55.6
24.3
31.3
14.6
16.8
75.7
31.2
44.5
19.2
25.3
°76 3
oo ,
°°'
48.6
49.1
22.9
26.2
14.3
11.9
67.0
Net interest
Gross product originating
in nonfinancial corporations
320.0 345.3 374.6 369.5 376. 5 386.7 397.7 404.0
Capital consumption allow-
59.4
Profits tax liability
26.3 28.4
Profits after tax
33.1 38.7
Dividends
_ ... 16.5 17.3
Undistributed profits
16.6 21.3
Finance , insurance , and real
estate
Services
__
Government and government
enterprises
Rest of the world
20.0
9.8
21.4
10.5
22.9
11.2
22.8
10.9
23.1
11.2
23.7
11.6
24.1
11.7
24.7
12.1
10.3
73.4
11.1
79.1
11.6
83.6
11.6
82.5
11.7
83.9
11.9
85.9
11.9
88.0
12.2
88.4
53.6
54.1
57.1
58.9
61.0
63.0
60.3
62.0
61.5
64.1
62.9
65.3
63.7
66.4
65.0
67.6
64.7
3.4
70.0
4.0
75.2
4.3
73.9
4.8
75.7
4.1
78.5
3.4
80.7
4.4
82.7
4.5
Table 8.—Corporate Profits (Before Tax) and Inventory Valuation
Adjustment by Broad Industry Groups (6.12)
All industries, total
Financial institutions
Mutual
Stock
...
o o
Manufacturing
Nondurable goods
Durable goods
Transportation, communication, and public utilities
All other industries
58 9
66.6
74 2
72.7
74.0
76 9
80.0
79 9
7.8
8.4
8.9
8.7
8.9
9.5
9.4
9.8
1.6
6.2
1.7
,6.7
1.8
7.1
51 2
58 2
65 3
64 0
65 0
67 5
70 g
70 0
28.8
13.0
15.8
32.4
14.5
17.9
37.8
15.7
22.1
36.7
15.5
21.2
37.4
15.5
21.9
39.6
16.4
23.2
41.9
17.2
24.7
40.6
17. 2
23.4
9.5
12.9
10.4
15.4
11.1
16.4
10.9
16.4
11.2
16.4
11.5
16.4
11.3
17.4
12.0
17.4
1965
1963
1964
1965
II
III
1966
IV
I
II
1965
m>
1963
1964
1965
Seasonally adjusted at annual rates
Other labor income..
_
585.0
311.1 333.6 358.4 353.7 360.8 370.8 380.0 387.4
396.6
125.7 134.0 144.3 142.6 144.8 148.9 153.8 157.0
100.6 107.2 115.5 114.0 116.2 119.2 123.0 126.0
76.0 81.2 86.7 86.0 87.1 89.1 90.8 92.1
49.9 54.1 58.1 57.2 59.2 60.5 61.3 62.5
59.5 64.3 69.2 68.0 69.7 72.3 74.1 75.9
159.5
128.5
93.9
64.4
78.8
16.6
18.5
18.2
18.8
19.4
20.0
20.6
21.1
Proprietors' income
51.0 51.9
Business and professional. _ _ 37.9 39.9
Farm. _ __ _ _ _ _
13.1 12.0
55.7
40.7
15.1
55.9
40.4
15.5
56.7
40.7
16.0
57.1
41.1
16.0
58.4
41.4
17.0
57.9
41.6
16.3
57.3
41.9
15.4
Rental income of persons
Dividends.. __
17.1
16.5
17.7
17.3
18.3
19.2
18.3
18.8
18.4
19.5
18.5
20.2
18.7
20.9
18.8
21.1
18.9
21.1
Personal interest income
31.4
34.6
38.4
38.0
38.9
39.7
41.0
42.1
43.2
Transfer payments
35.3
Old-age and survivors
15.2
insurance benefits
State unemployment
insurance benefits -2.8
Veterans benefits _ _ __ _ 5.0
Other
12.2
36.8
39.7
37.8
42.0
40.5
42.6
42.8
44.9
16.0
18.1
16.6
20.4
18.6
19.5
19.7
21.2
2.6
5.3
12.9
2.2
5.6
13.8
2.2
5.6
13.3
2.2
5.7
13.7
2.0
5.8
14.1
2.0
5.9
15.2
1.6
6.0
15.4
1.9
6.0
15.8
Less: Personal contributions
for social insurance
11.8
12.5
13.2
13.2
13.2
13.5
16.9
17.1
18.1
Less: Personal tax and nontax
pay men ts.
60.9
59.4
66.0
66.6
65o7
66.7
69.5
73.6
77.7
Equals: Disposable personal
income
404.6 436.6 469.1 461.0 476.2 486.1 495.1 499.9
507.3
Less: Personal outlays
384.7 412.1 443.4 438.6 447.1 457.6 468.4 473.3
483. 5
Personal consumption
expenditures
375.0 401.4 431.5 426.8 435.0 445.2 455.6 460.1
Interest paid by con9.1 10.1 11.3 11.2 11.5 11.8 12.1 12.5
sumers
Personal transfer payments to foreigners--...6
.6
.6
.6
.7
.6
.6
.6.
Equals : Personal saving
19.9
Addendum: Disposable personal income in constant
(1958) dollars
24.5
25.7
22.4
29.0
28.5
26.7
470.0
12.8
.7
26.6
23.8
381.3 406.5 430.8 423.7 436.8 443.9 448.4 447.9
451.3
Table 10. —Personal Consumption Expenditures by Major Type (2.3)
Personal consumption
expenditures
Durable goods
Automobiles and parts
Furniture and household
equipment
Other
Nondurable goods
Food and beverages
Clothing and shoes
Gasoline and oil
Other
Services
375.0 401.4 431.5 426.8 435.0 445.2 455.6 460.1
470.0
67.1
70.3
53.9
_
Housing
Household operation
Transportation _
Other
66.1
64.4
66.7
68.0
70.3
- 24.3
25.8
29.8
29.2
30.2
29.9
31.4
28.5
30.0
22.2
7.5
25.1
8.5
27.1
9.1
26.2
9.0
27.3
9.2
28.8
9.3
29.6
9.3
29.2
9.3
30.5
9.7
168.6 178.9 190.6 189.4 191.4 197.0 201.9 205.6
208.3
98.7 101.6 103.3 104.8
36.0 37.5 39.4 39.7
15.3 15.7 15.8 16.1
41.4 42.3 43.3 45.0
105.8
41.0
16.3
45.2
152.4 163.1 174.8 173.0 176.9 180.2 183.4 187.4
191.4
88.2
30.6
13.5
36.3
_ _
59.4
55.4
23.1
_ _ _ _ 11.4
62.5
92.8
33.6
14.1
38.4
59.2
24.3
11.8
67.8
98.4
35.9
15.1
41.1
63.2
25.6
12.8
73.3
97.8
35.6
15.2
40.9
62.7
25.4
12.7
72.3
63.6
26.0
13.0
74.2
64.7
26.3
13.4
75.8
66.0
26.5
13.5
77.5
67.1
27.1
13.9
79.4
68.2
27.3
14.2
81.6
Table 11. — Foreign Transactions in the National Income and
Product Accounts (4.1)
Receipts from foreigners
32.3
37.0
39.0
40.5
40.1
40.3
41.7
41.9
43.7
Exports of goods and services. __ 32.3
37.0
39.0
40.5
40.1
40.3
41.7
41.9
43.7
Personal tax and nontax receipts
Corporate profits tax accruals.
Indirect business tax and nontax accruals
Contributions for social insurance. _ _
Federal Government expenditures.. _ _
Purchases of goods and services
54.9
28.7
53.8
28.9
54.7
30.3
57.1
31.9
60.7
31.9
63.9
15.3
16.2
16.8
16.8
16.3
16.7
15.2
16.1
16.2
23.1
23.9
24.8
24.6
24.7
25.2
31.7
32.2
33.6
113.9 118.1 123.4 120.6 126.3 127.0 133.7 137.1
144.3
66.8
65.6
67.5
69.8
71.9
74.0
78.3
50.1
16.7
49.1
16.5
50.7
16.8
52.5
17.3
54.6
17.4
57.1
16.9
61.3
17.0
29.1
27.0
2.2
29.9
27.8
2.2
32.4
30.3
2.2
30.9
28.4
2.5
34.8
32.5
2.2
32.8
30.8
1.9
35.4
32.6
2.8
34.8
32.6
2.2
37.0
34.5
2.5
Grants-in-aid to State and
local governments
9.1
10.4
11.2
11.1
11.1
11.6
13.0
14.6
14.9
Net interest paid
7.7
8.3
8.7
8.7
8.8
8.8
9.3
9.5
9.7
Subsidies less current surplus
of government enterprises _ _
3.6
4.2
4.2
4.2
4.1
4.1
4.1
4.2
4.4
1.6
4.4 -2.5
-.2
2.3
3.8
Transfer paymen ts
To persons
To foreigners (net)
_
Surplus or deficit (-),
national income and
product accounts
.7 -3.0
Table 13.—-State and Local Government Receipts and Expenditures
(3.3, 3.4)
State and local government
receipts
Personal tax and nontax
receipts
__ ..
Corporate profits tax accruals.
Indirect business tax and
nontax accruals
Contributions for social
insurance __ _ _ .. _
Federal grants-in-aid
State and local government
expenditures _
63 4
69 6
75 3
74 6
75 9
77 3
80 1 83.2
9.4
1.7
10.8
1.9
11.8
2.0
11.7
2.C
11.9
2.0
12.1
2.1
12.4
2.2
12.9
2.2
13.8
39 4
42 3
45 8
45 4
46 4
47 0
47 8
48 7
49.7
3.8
4.1
4.5
4.4
4.5
4.6
4.7
4.8
4.9
9.1
10.4
11.2
11.1
11.1
11.6
13.0
14.6
14.9
62.2
67.9
73.7
72.9
74.4
75.7
77.7
79.7
81.9
69.4
6.9
68.7
6.8
70.2
6.9
71.4
7.0
73.1
7.4
75.0
7.5
77.0
7.8
Purchases of goods and
services
_ _
_
58.2
Transfer payments to persons. 6.0
Net interest paid
Less: Current surplus of
government enterprises
.8
63.7
6.5
.7
.6
.6
.5
.5
.5
.5
.5
2.8
3.0
3.2
3.2
3.2
3.2
3.3
3.3
3.4
Surplus or deficit (— ),
national income and
product accounts
1.2
1.7
1.6
1.7
1.5
1.6
2.4
3.5
Table 14.—Sources and Uses of Gross Saving (5.1)
Gross private saving
88.7 101.4 109.1 104.8 112.8 113.6 113.2 113. 9
Personal saving
19 9
Undistributed corporate
profits
16.6
Corporate inventory valuation adjustment
— .5
Corporate capital consumption allowances
..
_ 31.8
Noncorporate capital consumption allowances
20.9
Wage accruals less disbursemen ts
.0
Government surplus or deficit
(— ), national income and
product accounts
39.0
40.5
40.1
40.3
41.7
41.9
43.7
32.0
32.3
33.0
34.2
35.6
37.3
39.0
Gross investment
2.8
.6
2.2
2.8
.6
2.2
3.1
.6
2.5
2.8
.6
2.2
2.5
.6
1.9
3.4
.6
2.8
2.9
.7
2.2
3.1
.7
2.5
Gross private domestic ininvestment
Net foreign investment
Statistical discrepancy
54.2
29.1
50.0
15.2
37.0
p Preliminary.
8
48.6
26.5
65.2
28.5
2.8
.6
2.2
51.5
24.6
50.8
13,5
National defense
Other...
32.3
___ .
ID>
64 2
Imports of goods and services. __ 26.4
Transfers to foreigners.
Personal
Government
II
Federal Government receipts. __ 114.5 115.1 124.9 125.0 123.8 126.9 136.0 141.0
Federal
State and local
Payments to foreigners ...
I
Table 12.— Federal Government Receipts and Expenditures (3.1, 3.2)
465.5 496.0 535.1 527.6 541.9 552.8 564.6 573.5
14.9
IV
[Billions of dollars]
Table 9. —Personal Income and Its Disposition (2.1)
Wage and salary disbursements
__
Commodity-producing
industries
Manufacturing _
Distributive industries
Service industries.. _
Government
III
Seasonally adjusted at annual rates
[Billions of dollars]
Personal income
II
1966
24 5
25 7
22 4
29 0
28 5
26 7
26 6
21.3
25.3
25.0
24.6
26.1
27.8
27.6
— .4 -1.5 — 1 8 -1.0 — 1.8 -2.8 -2 9
33.9
36.3
36.0
36.8
37.2
37.7
22.2
23.3
23.2
23.4
23.6
23.8
.0
.0
.0
.0
.0
.0
1.8 -1.4
3.2
6.1 -1.0
1.4
4.7
7.3
.7 —3.0
1.2
1.7
1.6
1.6
4.4 -2.5
1.5
1.7
— .2
1.6
2.3
2.4
3.8
3.5
38.5
24.2
.0
23.8
-3.2
39.1
24.5
.0
-. 90.3
98.7 110.7 108.8 110.9 115.4 117.1 120.3
117.8
87.1
3.1
93 0 106 6 103.7 106 7 111.9 114.5 118 5
3.5
2.6
5.7
4.2
5.1 4.2
18
116 0
17
-.3 -1.4
-1.6 -2.1
-.8
.4
o
-.9
SUEVEY OF CUEEENT BUSINESS
October 1966
highest long-term interest rates since
the 1920's, brought additional declines
in homebuilding in the third quarter.
The value of residential construction
activity fell 10 percent from the second
quarter, to an annual rate of $25}£
billion. It was the steepest quarterly
decline on record. Housing starts
dropped sharply to a seasonally adjusted annual rate of about one million
—the lowest figure since 1947-—presaging a further reduction in residential
building.
In September, the Government attempted to ease the burden of tight
money by new legislation authorizing
the Federal National Mortgage Association to purchase $4% billion in FHA
and VA mortgages. In addition, the
nominal interest rates obtainable on
these mortgages were raised in
September.
Personal income up sharply
Personal income scored a substantial
gain of 2 percent in the third quarter,
and total personal income rose $11%
billion to reach an annual rate of $585
billion. Higher wages and salaries accounted for $9/4 billion of the personal
income gain and increased transfer payments for $2 billion.
Eeflecting the speedup in production,
the third-quarter rise in wages and
salaries was about one-fourth greater
than the increase during the second
quarter. Gains among industries were
widespread but were particularly
marked in manufacturing and government. Of the total payroll advance,
about one-third was attributable to an
employment increase of % million and
the remainder to increased earnings.
The rise in transfer payments reflected the inception of Medicare and
increases in other Social Security programs. Payments under the new
Medicare program totaled about $1)4
billion during the third quarter, and
further increases in Medicare payments
are expected after the early introductory period. Higher regular Social
Security payments added about $1
billion to transfer payments.
rapidly through the third quarter of
1965 but more slowly in the fourth.
With repayments rising steadily
throughout the year, the net change in
credit reached a peak in the summer
quarter. Although durable goods demand continued to grow in the first
quarter of 1966, the increase in extensions tapered and net credit use
fell again.
The decline in durable goods demand
in the second quarter of this year was
accompanied by the first quarterly
decrease in credit extensions (seasonally adjusted) since the expansion
started and by a rather sharp decrease
in net credit use. Although the pickup
in demand in the summer quarter (on
the basis of July and August data) has
been accompanied by some rebound in
net credit utilization—to a $7 billion
annual rate—net credit use did not
reach the rate of any quarter of 1965.
Decline in auto credit
Automobile credit is the largest component of installment credit and, as
chart 6 shows, has been subject to the
most pronounced cyclical swings. Consequently, developments in auto paper
typically exert a direct and powerful
influence on the movement in total
installment credit, and the recent situation is no exception. The net change
in automobile paper reached a peak in
the third quarter of 1965 and declined
rather markedly in the next three
This compares with an $8 billion in- quarters. Although net credit use rose
crease for the full year 1965 and with moderately this summer, the rate was
increases of $6.1 billion and $6.4 little more than half as large as it was a
billion in 1963 and 1964.
year earlier. For the year to date, the
The year 1965 was one of very large net change in credit, at a seasonally
expansion in installment credit, mainly adjusted annual rate of $2.3 billion, was
because of unusually strong demand the lowest rate since 1962.
for consumer durables. The demand
Installment credit use other than
for furniture and appliances rose auto credit has remained strong in
From January through August,
steadily throughout the year. Auto- 1966.
mobile demand rose sharply early last the net change in this type of credit was
year as an aftermath of the strikes in at an annual rate of $4.5 billion, and in
the fall of 1964 and, after a brief pause the third quarter, it rose to a peak rate
in the spring, rose to new peaks in of $4.9 billion. These rates compare
the second half of 1965. The rise in with net changes of $3K billion in 1964
consumer durable demand was espe- and $4.2 billion in 1965.
Since the start of the present ecocially large in the third quarter and
was no doubt influenced by the excise nomic expansion, consumer goods paper
other than auto paper—used mainly
tax cuts in the late spring of 1965.
As the top panel of chart 6 indicates, for purchases of furniture and applitotal installment credit extensions rose ances—has shown successive annual
Consumer Credit Developments
THE past b% years of cyclical advance
have been accompanied by continued
growth in consumer credit. During
the expansion, high and rising incomes and, until this year at least,
the availability of abundant credit
have led to increasing demands for
consumer durables and other types of
goods and services typically bought on
credit. In addition, the long-run trend
toward more extended use of credit
has persisted. Credit use has continued to expand in 1966, but the rate
of increase has been less than in 1965.
The current slowdown in consumer
credit growth has centered in installment credit. From January through
August of this year, the net change in
installment credit—extensions minus
repayments—was at a seasonally adjusted annual rate of $6.8 billion.
9
SURVEY OF CURKENT BUSINESS
10
October 1966
CHART 6
Consumer Installment Credit
Billion $
25
20
Extensions,
10
I i i i I i I i I i i i I i i i I i I i I I I i I i I i I i I I I I i I I I I I I I i JI
1954
55
56
57
58
59
60
61
62
63
64
65
66*
NET CHANGE (EXTENSIONS MINUS REPAYMENTS) enlarged scale
TOTAL*
increases that have continued into
1966.
During the second quarter of
this year, when consumer outlays for
furniture and appliances fell slightly,
net credit use also slackened. T
movement was reversed in the summer
months, however, as consumer expenditures for durables other than autos
rose to a new peak.
Personal loans have been a rapidly
growing sector of installment credit,
continuing a trend evident over most
of the postwar period. Both repayments and extensions (seasonally adjusted) have maintained vigorous and
relatively stable growth over the current
cyclical upswing. Some exceptions have
appeared: In the first half of 1965,
personal loans showed unusually large
increases, probably because of the
unexpectedly heavy final settlements
on 1964 tax liabilities. The growth in
personal loans subsided during the
second half of 1965 but has been
resumed this year with successive
quarterly increases.
Installment credit and income
OTHER CONSUMER GOODS PAPER
1954
58
'
59
'
60
'
61
Quarterly Totals, Seasonally Adjusted
*lncludes repair and modernization loans, not shown separately.
**Third quarter 1966 data on credit are based on average of July and August.
U.S. Department of Commerce, Office of Business Economics
ata: FRB
66-10-6
One way of evaluating the current
volume of installment credit is to
compare it with the fiow of income. At
the end of August 1966, installment
credit totaled $72.6 bullion and constituted some 14.3 percent of the third
quarter 1966 disposable personal income. This ratio has recorded virtually
uninterrupted increases over the recent
economic expansion, and although it is
now a record, it appears to be approximately in line with the long-term
growth over the postwar period.
Furthermore, if installment credit
flows are considered in relation to income, credit use over the expansion
generally and in 1966 specifically appears to have been well balanced.
Since 1961—and this is typical of periods of cyclical advance—credit extensions have been rising more rapidly
than after-tax incomes, as may be seen
in the ratio of extensions to income in
chart 7. As compared with the two
earlier economic expansions, the differential increase has developed more
gradually and has lasted longer in the
current upswing, chiefly because of the
balanced and long sustained advance
in consumer demand since the expansion
October 1966
SURVEY OF CURRENT BUSINESS
11
started. If the early recovery period that they increased in each quarter of is, however, a suggestion that since
is excluded, it was only in the first half this year while credit conditions were early 1966 the proportion of contracts
with long maturities has declined
of 1965 that the extension ratio showed generally becoming more stringent.
slightly—from about 81 percent in
Auto
sales
in
the
second
and
third
a sharp rise; by midyear, extensions
January
and February to 80 percent
quarters
of
1966
were
below
their
equaled a record 16.1 percent of disin
July.
In addition, the proportion
peaks
early
in
the
year
and,
as
was
inposable personal income. However, the
dicated above, the net changes in auto of new car loans with the highest
ratio leveled out in the third quarter
paper were well under those of 1965. loan-value ratios has gone down very
and decreased over the next three It is doubtful that tight credit conditions slightly since early this year; this
quarters. A slight pickup was evident have been a major factor in the recent suggests that downpayments may have
in the summer of this year.
decline in automobile demand. In the increased somewhat.
Repayments, which typically grow first place, the proportion of new
It should be noted that all of these
slowly over time and without much passenger cars bought on credit in data refer to loans actually made and
variability, generally lag behind earlier 1966 reached a new peak, averaging not to loan applications. Conceivably,
developments in extensions. As chart close to 70 percent for the period from those applicants least able to meet
7 shows, the ratio of repayments to in- January through July. For the full moderately higher downpayments and
come increased from early 1962 to year 1965, this ratio was 66 percent, slightly shorter maturities have been
early 1965. Since then, however, the slightly below the previous peak of forced out of the current new car
ratio has been quite stable, at roughly 67 percent reached in 1956. Second, market. If this has occurred, it is not
14% percent of disposable personal the percentage of new car paper with likely to have been on a large scale, as
long maturities—31 to 36 months— the proportion of cars bought on
income.
written by sales finance companies credit has increased since last year and
When repayments are netted against increased from 1965 to 1966 (on the the tightening in terms has thus far
extensions, it appears that for approxi- basis of data through July). There been mild.
mately 3% years net advances in installment credit as a percentage of
disposable personal income have fluctuated in a rather narrow range centering
CHART 7
around 1% percent. This is in sharp
Consumer Installment Credit
contrast with the performances recorded in both the expansion of 1955-57
Extensions, Repayments, and Net Change as a Percent of Disposable Personal Income
and that of 1959-60. The comparative Percent
stability of this ratio in the current 18
expansion suggests that consumers have
succeeded in adjusting installment debt
responsibility to steadily growing in- 16 —
Extensions
comes.
14 —
The impact of tight money
In contrast to the earlier years of the
current expansion, the year 1966 has
seen increasing tightness in credit
markets. The general credit stringency
does not, however, appear to have had
much of an impact on consumer demand
or on consumer installment credit use,
at least up to the present time.
Seasonally adjusted extensions of
both personal loans and other consumer
goods paper recorded historic highs
during July and August of this year.
The net change in other consumer goods
credit was also at a peak. Although
personal loans were not as high as in
the first half of 1965, it is significant
\
Repayments
10 —
NET CHANGE
2 —
-2
r\
I ! | I | I I I | | I I ( I | I I I I I | || I
1954
55
56
57
58
59
*Third quarter 1966 data on credit are based on average of July and August.
U.S. Department of Commerce, Office of Business Economics
I I I
60
Mi
61
l M 'I I -I- I
62
63
I I'l
I I ,1.
I I -I
64
65
66*
Basic Data: FRB & QBE
66-10-7
SURVEY OF CURRENT BUSINESS
12
1966 Model Autos Set New Record
RETAIL sales of new domestic cars
increased for the fifth successive model
year. Sales reached a record total of
8K million units in the 12 months
ending in September 1966, as compared
with 8.3 million and 7.8 million in the
2 preceding model years.
Sales of new foreign cars in the
United States rose substantially in
1966. In the 12 months ending in
September, sales reached an estimated
640,000, as compared with 538,000 a
year earlier and the previous high of
570,000 in the 1959 model year.1 Sales
of imports rose relative to sales of
domestic cars in both 1965 and 1966
and in the past year accounted for 7
percent of the U.S. market for new
cars. This compares with 6 percent
in 1965, 5 percent in each of the
previous 3 years, and a peak of 9
percent in 1959.
CHART 8
Retail Sales of New Domestic Cars
Million Units
10
Quarterly movements
October 1966
in the stock-sales ratio. From April
through the end of the 1966 model run,
producers cut output subtantially in
an attempt to achieve a better balance
with the new sales and inventory situation. The factory shutdown period
occurred earlier and lasted longer than
in 1965, and incentives to sales through
factory rebates to franchised dealers
were widespread. The 1967 models
were introduced in late September;
the date had previously been set for
early October, the same as for the 1966
models.
Higher sales and reduced output this
past summer brought about an appreciable reduction in new car inventories;
from the end of June to the end of
September, the stock-sales ratio fell
from 2.5 to 2.0. Franchised dealers
started the 1967 model year with 1.2
million cars in stock, about 150,000
more than a year earlier.
Although sales of domestic cars
during the 1966 model year exceeded
those of the previous year, sales in
the last three quarters of the 1966
model year fell somewhat below yearearlier rates. In the opening quarter,
however, sales were substantially above
those in the strike-affected opening
quarter for the 1965 models.
Sales of the 1966 models were off to
a fast start and held close to a 9 million
seasonally adjusted annual rate for the
first 6 months. They dropped sub- Auto product and GNP
stantially during the spring quarter—
The impact of movements in auto
to an 8 million annual rate—and then sales and output on changes in overall
recovered to an 8% million rate as the economic activity this year can best be
model year drew to a close (chart 8).
(Text continues after blue pages)
It is difficult to pin down the factors
that caused the reduced rate of sales
CHART 9
last spring. The widespread publicity
given to the auto safety issue unThe Market for New Passenger Cars
doubtedly had some influence. There
® In 1966 imports increased their
were other contributing factors, such
share of the U.S. market
as a slowing in the rise in disposable
© Among domestic cars the major shift
personal income, the reimposition in
was from compacts to intermediates
April of the 7 percent excise tax rate
on new cars (reduced to 6 percent in
Imports
January), and the rising draft calls.
Output lower after strong start
Auto production exceeded sales
slightly in the first 6 months of the
1966 model year. In this period,
franchised dealers' stocks rose to new
highs, seasonally adjusted, but their
stock-sales ratios held steady at about
1.8 months of sales; ratios had ranged
from 1.4 to 1.8 during the preceding
4 years.
The sales deterioration in the early
spring resulted in a sharp rise in
inventories and an even sharper rise
1962
1963
1964
1965
1966
Monthly, Seasonally Adjusted at Annual Rates
U.S. Department of Commerce, Office of Business Economics
66-10-8
1. About 100,000 domestic-type cars were imported from
Canada during the I960 model year. Such imports, which
were negligible prior to 1966, are distributed by franchised
dealers of domestic makes and are included in their reported
sales figures.
Intermediates
Sport-type
Compacts
Compacts
Standards
20 -
1960
61
62
63
64
65
66
Model Years
Note.-Percentages based on sum of domestic output plus imports.
U.S. Department of Commerce, Office of Business Economics
66-10-9
October 1966
SUEVEY OF CUKEENT BUSINESS
seen by comparing gross national product with the gross auto product; the
latter is equal to the value of domestically produced cars plus the net value
added by the distribution of new, used,
and imported cars.
In the first quarter of 1966, GNP
rose at an annual rate of $17 billion.
The rate of increase fell to $11 billion
in the second quarter, partly in response
to the $3 billion decline in auto product.
Auto output fell further this summer;
this reduction was more than offset by
an acceleration in the output of other
goods and services.
As can be seen in table 1, auto product
in mid-1966 had fallen to less than 4 percent of current dollar GNP, a smaller
share of GNP than at any other period
in the present recovery, except for the
strike-affected fourth quarter of 1964.
In real terms, the ratio to GNP thus
far in 1966 is about 4% percent, as
compared with 5 percent a year earlier.
So far in 1966, expenditures for autos
and parts have not kept pace with disposable personal income; expenditures
have shown little change from 1965,
while income has increased. Auto
expenditures, which reached 6.4 percent
of disposable personal income in 1965,
dropped to about 6 percent in 1966, or
about the same ratio as in 1962, 1963,
and 1964.
Average prices per unit actually paid by
consumers (taking into account the mix
of makes, models, and optional equipment) rose somewhat in 1966.
Table 2 compares production by price
groups, according to the advertised
retail prices of cars with standard
equipment. It can be seen that cars
with a list price of $2,500 or less fell
from 48 percent of output in the first
half of 1965 to 40 percent in the first
half of 1966. Each of the higher price
classes experienced relative increases in
New car prices
In the past model year, the prices of
new cars, as measured in the Consumer
Price Index, were the lowest since 1957.
The 1966 prices were below those of a
year earlier even after May, when the
prices of both years reflected the same
7 percent excise tax rate.
In January 1966, the Federal excise
tax on new cars was reduced from 7 to 6
percent, in accordance with the provisions of the Excise Tax Eeduction
Act of 1965. Effective in April, however, this percentage point reduction
was restored by the Congress as an
anti-inflation measure. This tended to
maintain prices in the April-July period
at about first quarter rates, seasonally
adjusted, but prices slipped again in
August.
The Consumer Price Index measures
changes in prices, after discount, for
cars of relatively fixed specifications.
$2,001-$2,500
13
output during this period. This shift
to higher priced cars has been taking
place gradually since 1961, reversing
the 1958-60 experience, when the rapid
growth in purchases of compacts (introduced with the 1959 models) reduced
average unit prices.
An important factor in this movement to higher priced cars has been the
large shift in demand from sedans to
the more expensive hardtops. The
hardtops accounted for 50 percent of
(Continued on page 2Jf)
Table 1.—Auto Product and Gross National Product
Auto product
Gross
national
product
Auto product
as percent of Auto product
GNP
(Billions of dollars)
I960
1961
1962
1963
1964
1965
—. _
_„
1966 I*
1966 II*
-_-
_-_
Auto product
as percent of
GNP
Gross
national
product
(Billions of 1958 dollars)
21.4
17.9
22.5
25.1
25.8
31.4
503.8
520.1
560. 3
590.5
631.7
681.2
4.2
3.4
4.0
4.3
4.1
4.6
21.0
17.5
22.0
24.7
25.4
31.4
487. 8
497. 3
529.8
551.0
580. 0
614.4
4.3
3.5
4.2
4.5
4.4
5.1
31.5
28.6
721.2
732.3
4.4
3.9
32.2
29.1
640.5
643.5
5.0
4.5
*Seasonally adjusted at annual rates.
Source: U.S. Department of Commerce, Office of Business Economics.
Table 2.—Percentage of Model-Year Production by Price Groups
Price group
1961
1962
First half
1964
1963
1965
1965
$2,000 and less
_
$2,501-$3,000
$3,000-$3,500
_
...
_ _
_
$3,501 and over
1966
19.8
19.3
10.7
8.2
5.6
5.6
2.9
48.4
47.9
41.0
40.5
41.8
42.1
36.9
21.8
21.9
35.6
39.0
39.3
37.7
42.5
3.3
3.5
5.1
5.3
6.5
6.8
8.9
6.7
7.4
7.6
7.0
6.8
7.8
8.8
Source: U.S. Department of Commerce, Office of Business Economics, on the basis of trade sources.
Table 3.—'Domestic Production and Imports of New Automobiles, by Model Years
(Thousands of cars)
1960
Production
Imports J
1964
1963
1965
1966
6,012
5,408
6,687
7,340
7,892
8,843
552
395
338
390
453
538
2640
6,564
5,803
7,025
7,730
8,345
9,381
9,247
._
Production and imports
1962
1961
8,607
(Percent distribution)
Standards
_ _
Compacts ._
Sport-type compacts
Intermediates
Imports
Production and imports -
68
24
8
7
56
31
3
5
5
100
100
100
3
()
60
31
2
59
28
3
5
5
58
19
4
15
5
53
13
9
19
6
52
<)
8
24
7
100
100
100
100
1. Based on registrations of foreign-type cars. Excludes domestic-type cars produced in Canada; about 100,000 of such cars
were imported in the 1966 model year and about 10,000 in the 1965 model year.
2. Partly estmated.
3. Less than l/b of 1 percent.
Source: U.S. Department of Commerce, Office of Business Economics on the basis of trade sources.
CHARLES S. FRIEDMAN
Auto Ownership by Households in Mid-1964:
Influences oi Income and Other Socioeconomic Factors
THIS article presents an analysis of
automobile ownership by households in
the United States in mid-1964. It provides cross-sectional information on
auto ownership according to selected
household characteristics and, by means
of multiple regressions, measures the
contribution of these characteristics to
the likelihood of ownership.
Five categories of ownership were
examined: ownership of one or more
cars, of two or more cars,, of cars less
than 3 years old, of cars 3 to 8 years old,
and of cars over 8 years old. Six household characteristics were studied for
their effects on automobile ownership:
household income, age of the household
head, employment status of the household head, housing tenure (homeowner
versus renter), region of residence, and
place of residence. The study is based
on data from a sample of more than
15,000 households collected in July 1964
by the Bureau of the Census in the
Quarterly Survey of Intentions.
This study is one of several undertaken by the Office of Business Economics for the Inter agency Economic
Growth Project.1
This article shows how household
auto ownership is affected by income
and other household characteristics.
The effects are measured both before
and after adjustment. The unadjusted
NOTE: The author is indebted to Emanuel Melichar of
the Federal Reserve Board and to Harold W. Watts of the
Office of Economic Opportunity for criticism and advice in
the course of this study. Neither of these persons is responsible for the conclusions reached in this study.
1. A previous article in this series used cross-sectional data
from the 1960 Census of Population to analyze the characteristics of auto-owning households: C. S. Friedman, "Stock
of Passenger Cars: Postwar Growth and Distribution,"
SURVEY OF CURRENT BUSINESS, September 1963, pp. 20-24.
Other studies on household automobile ownership include
M. E. Kreinin and C. A. Lim'nger, "Ownership and Purchases of New Cars in the United States/' International
Economic Review, September 1963, pp. 310-323, and D. S.
Projector and G. S. Weiss, "Survey of Financial Characteristics of Consumers," Federal Reserve Technical Paper,
August 1966.
14
measures are the actual differences
from the U.S. average (mean) of auto
ownership rates for classes of households. The adjusted measures are the
differences after the effects of one or
more other factors in the analysis are
held constant.
Adjustments are important because
of the intercorrelation that exists among
the characteristics. Households classified according to one characteristic may
contain a disproportionate number of
households with another characteristic;
for example, among upper income
households there is a greater prevalence of entrepreneurs and homeowners,
who have business and other special
needs for autos. Consequently, when
households are classified solely by income, the higher ownership rates apparent for upper income groups will
reflect the effects of employment status
and housing tenure as well as the effect
of income.
The major analytical tool used in this
article is multivariate analysis carried
out by least squares multiple regressions
using "dummy" variables.2 This procedure has several advantages over
reliance on cross-classification alone.
First, the interpretation of cross-classified data becomes increasingly cumbersome as additional characteristics are
introduced. Second, the coefficients
of the explanatory variables provide
quantitative measures of the variation
of automobile ownership by household
classes according to each characteristic,
after adjustment for the effects of other
characteristics in the analysis. Third,
2. See E. Melichar, "Least Squares Analysis of Economic
Survey Data," 1905 Proceedings of the Business and Economics
Statistics Section, American Statistical Association. See also
J. N. Morgan, II. II. David, \V. T. Cohen, and II. E. Brazer,
"Income and Welfare in the United States," McGraw-Hill,
1962, pp. 508-511, and D. B. Suits, "Use of Dummy Variables
in Regression Equations," Journal oj the American Statistical
Association, December 1957, pp. 548-551.
the coefficients of multiple determination indicate the importance of the
characteristics singly and jointly, while
the coefficients of partial determination
indicate the incremental importance of
each characteristic. Furthermore, all
coefficients can be subjected to tests
of significance.
Household ownership of autos
Table 1 presents tabulations of households and auto ownership in mid-1964
according to selected household characteristics. Auto ownership rates, derived
from the coefficients of the explanatory
variables, were used in conjunction
with a Bureau of the Census estimate
of the total number of households to
obtain the figures on auto-owning households and on auto stock.
Table 1 shows that in mid-1964
households owned 59 million cars. Of
the Nation's 56 million households,
43 million, or 77 percent, owned one
or more cars. About 12 million households, or 22 percent, owned two or more
cars. About 15 million households
owned at least one car less than 3 years
old; for 17% million households, the
latest model cars were between 3 and 8
years old; the remaining 10% million
car-owning households had cars that
were all 8 or more years old. Some
broad relationships between ownership
rates and household income are illustrated in chart 10.
The relationship and some
limitations
As was noted above, this study relates five types of automobile ownership
by households to six household characteristics. The relationships state that
the probability of a specific type of
auto ownership is dependent upon a
household's income, the age and em-
October 1966
ployment status of its head, its housing
tenure, its region, arid its place of
residence.
Each of the six household characteristics may affect the probability of
auto ownership. Income is basic to
the purchase and maintenence of an
auto. The need for transportation—
for employment, social, and recreational
purposes—should vary among age
groups. The self-employed may need
a car for business purposes, and those
who are not gainfully employed are
less likely than the employed to own
a car. Unlike the homeowner, the
apartment renter frequently finds auto
ownership relatively expensive because
of the cost of parking. Region and
place of residence are obviously related
to the availability and cost of competing
forms of transportation.
Many limitations of this study should
be kept in mind. In the first place,
the selection of the characteristics was
dictated to a large extent by the
availability of the data. Information
on other characteristics, such as income
in the previous year, liquid assets,
size of households, race, education,
and the number of children of driving
age, was not collected in the Quarterly
Survey of Intentions.2 These probably
would have contributed to the explanation of one or more of the types
of automobile ownership. Inclusion of
data for the characteristics that were
not available would have affected the
regression results that were obtained.
Second, the regression coefficients
also have errors due to samplingvariability and to intercorrelation
among the variables. Third, interaction among the characteristics may
have influenced the results.4
A fourth limitation is that the
analysis is based on data for mid-1964
and may not be completely applicable
3. Figures on the value of automobiles were also not
available in this survey.
4. This study is based on the assumption of independence
of the characteristics, i.e., that a given income would affect
the probability of automobile ownership similarly among
the young and the old, among homeowners and renters,
among employees and entrepreneurs, etc. To the extent
that this assumption is not valid, interaction is said to
exist among two or more characteristics. Some interaction
is unavoidable, and a moderate amount would not materially
affect the broad results of the analysis. An examination of
a cross-classification of automobile ownership by households based on a sample of about 20,000 households from the
1960 Census of Population indicated no substantial interaction.
SUEVEY OF CURKENT BUSINESS
to other periods. However, comparisons of cross-sectional data for 1957,
1960, and 1964 indicated a high degree
of consistency in the patterns.
The remainder of this article is concerned with the results of regressions
in the explanation of variations in
automobile ownership. (For the tech-
CHART 10
Selected Aspects of
Auto Ownership of Households,
Classified by Household Income, Mid-1964
ALL HOUSEHOLDS
CAR-OWNING HOUSEHOLDS
by number of cars
100"
75 —
25 —
CAR-OWNING HOUSEHOLDS
by age of car*
TOO
75 —
50 —
25 —
Under $5,000
$5,000- $10,000
Over $10,000
Household Income
*Multicar households are counted once and are classified by age of latest
U.S. Department of Commerce, Office of Business Economics
15
nically oriented reader/ the Appendix
describes the methodology used.) The
explanatory importance of the characteristics, which is described first,
is presented in table 2. Unadjusted
and adjusted differences from the mean
auto ownership rates by classes of
households, which are based on the
coefficients of the explanatory variables,
are given in tables 3 and 4 and in the
charts.
Results of the Regression
Analysis
As may be seen in table 2, the six
characteristics together explained 30
percent of the variation in the ownership
of one or more cars—i.e.,' the coefficient of multiple determination, or
E2, equaled 0.30. Smaller proportions
of the variation of other types of
household automobile ownership were
explained by the six characteristics
jointly: 18 percent in the category
of multiple car ownership, 14 percent
for cars less than 3 years old, and
smaller percentages for older cars (table
2, column 1). It should be noted
that regressions involving "microanalysis" (use of unaggregated data such as
households) are not likely to yield R2's
as high as those obtained from regressions based on aggregated data.
Of the six characteristics used in
this study, household income was the
most important determinant of each
type of automobile ownership. In regressions in which the only explanatory
variables were income-size classes, the
income variables accounted for 18
percent of the variation in the ownership of one or more cars, 14 percent
of multiple car ownership, and 12
percent for cars less than 3 years old
(first column of table 2, top line of
each section).
Column 2 shows the explanatory
effect based on regressions that include
household income and one other characteristic. This column also shows the
effect of intercorrelation between income and other factors. For example,
although income and age of head
individually explained 18 percent and
9 percent of the variation in the ownership of one or more cars, their joint
explanatory importance was only 20
16
SUEVEY OF CUEEENT BUSINESS
percent. The effect of incorrelation is
shown also by the sum of the E2ls of
the six factors taken individually.
This sum is 0.534, much higher than
0.304, which is the E2, or full explanatory power, of the six factors combined.
One method of showing the incremental importance of the characteristics
in explaining auto ownership is by
computing the coefficients of partial
determination (third column of table
2). These coefficients measure the
ability of a characteristic to explain the
variance remaining after the variance
due to other characteristics in the
regression is accounted for.5 House5. F tests indicate that almost all coefficients of multiple
and partial determination were significant at the 0.01 probability level. However, the F tests used in this study
should be considered only as approximations. The distribution of disturbances departs greatly from normal because
of limitations due to the coding of all observations for the
dependent variables as either 1 or 0.
hold income explained 8 percent of the
remaining variance in three categories
of ownership: one or more cars, two or
more cars, and cars less than 3 years
old. In the explanation of ownership
of one or more cars, household income
was followed by place of residence and
housing tenure. As can be seen in
the first column, when auto ownership
is related to only one characteristic
at a time, the ranking is different:
Employment status and age of head
rank second and third.
Table 3 shows differences from mean
ownership rates of one or more cars for
various classes of households. The
first column presents the unadjusted
differences. The second column shows
the differences from mean ownership
rates adjusted for income, i.e., the
differences by age of head, employment
October 1966
status of head, etc., with household
income held constant. In the third
column are differences by given characteristics adjusted for all five other
characteristics in the study. The remaining six columns show the differences after adjustment for all possible
combinations of four characteristics.
Comparison of these six columns and
column 3 indicates the incremental
effect of each of the characteristics.
A relatively large difference between
a figure in any one of the last six
columns and that in column 3 indicates
that the characteristic left out is important in the explanation of auto
ownership of that class. Information
similar to that in the first and third
columns of table 3 is shown in table 4
for ownership of two or more cars and
for ownership by age of car.
Table 1.—Number of Households, Car Ownership, and Car-Owning Households, by Selected Household Characteristics, Mid-1964
[Millions]
Number of households owning
Number of
Classes of households
Households
Cars owned
One or more
cars
Two or more 1962-64 models 1957-61 models
cars
1956 and earlier
models *
56.2
59.4
12.3
15.1
17.5
10.6
13.4
5.1
5.2
5.0
6.2
7.0
7.0
5.3
2.0
7.9
3.5
4.5
4.8
6.7
8.9
10.2
9.0
3.9
6.7
3.2
3.8
4.0
5.4
6.4
6.6
5.1
2.0
1.2
.3
.6
.7
1.2
1.9
2.6
2.6
1.2
1.6
.6
.8
1.1
1.7
2.2
2.9
2.9
1.3
2.7
1.2
1.6
1.7
2.4
2.9
2.6
1.8
2.4
1.4
1.4
1.2
1.3
3.3
9.8
11.9
11.1
9.6
10.5
3.2
11.0
14.9
13.9
9.8
6.5
2.6
8.4
10.3
9.2
7.2
5.5
.4
2.0
3.5
3.6
2.0
2.8
3.8
3.6
2.6
1.5
1.1
3.6
4.3
3.7
2.8
2.1
.7
2.1
2.1
1.9
1.8
2.0
Employment status of head
Self-employed: Nonagriculture
Self-employed: Agriculture
Employee
Not employed..
4.9
2.1
35.3
14.0
6.6
2.3
41.6
4.4
1.8
29.8
7.3
1.7
.4
9.0
1.2
1.9
1.7
10.6
2.0
12.2
2.9
.4
7.0
2.4
Housing tenure
Homeowner
Renter
34.8
21.4
42.9
16.4
29.8
13.5
10.1
2.2
11.1
4.0
12.0
5.5
6.7
3.9
Residence by region
New England
Middle Atlantic
East South Central
South Central
West South Central....
East North Central
West North Central
Mountain
Pacific
3.8
10.9
3.5
7.8
5.1
11.3
4.4
2.2
7.1
3.9
10.0
3.4
8.2
5.3
12.4
4.9
2.8
8.5
7.5
2.5
6.0
4.0
9.0
3.6
2.0
5.9
1.9
.7
1.7
1.1
2.6
1.0
.6
2.0
1.0
2.8
.7
2. 2
1.2
3.5
1.1
.7
2.0
1.2
3.1
1.0
2.3
1.6
3.8
1.5
.8
2.3
.6
1.6
.9
1.6
1.1
1.8
1.0
.5
1.6
2. 7
3^8
8.5
4.1
1.3
2.9
8.0
4.2
1.1
2.3
6.0
3.1
.1
.5
1.5
.4
.8
2.0
1.1
.5
1.0
2.5
1.2
.5
1.5
4.8
12.8
8.1
8.5
6.0
16.4
8.4
8.9
3.2
4.1
11.3
6.2
6.8
2.4
1.5
3.9
1.6
1.7
1.7
4.3
2.0
2.2
.7
l.G
4.5
2.6
2.6
1.1
.8
2.4
1.7
2.0
.6
Household income
Under $2,000
$2,000-$2,999
All Households
$3,000-$3,999
$4,000-$4,999
$5,000-$5,999
$6,000-$7,499
$7,500-$9,999
$10,000-$14,999
$15,000 and more
__.
Age of household head
Under 25
25-34
35-44. _45-54
55-64
65 and over______
.
_ . .
.
Place of residence
SMS A, central city:
Urbanized area 10,000,000 or more
Urbanized area 30,00,000 to 9,999,999..
Urbanized area 250,000 to 2,999,999.. _
Urbanized area under 250,000
SMSA, noncentral city:
Urbanized area 3,000,000 or more
Urbanized area under 3,000,000
Outside SMSA, urban
Outside SMSA, rural nonfarm
Outside SMSA, rural farm
1. Households owning two or more cars are counted once and are classified according to
their latest model car.
43.3
Source: U.S. Department of Commerce, Office of Business Economics.
1.3
1.0
.5
.1
October 1966
The effect of household income
Chart 11 shows how the automobile
ownership rates for households in each
income class vary from the mean
ownership rates of all U.S. households.
The bars indicate the differences from
mean ownership before adjustment, and
the points connected by the line indicate the differences after adjustment for
the other five characteristics in the
study.
In 1964, the mean ownership rate of
one or more cars (77 percent, as was
noted above) was attained at approximately $4,000 of income. On an unadjusted basis, differences from the mean
ranged from —27 percentage points for
households with incomes of under
$2,000 to +20 percentage points for
those with incomes of $15,000 or more.
In other words, 50 percent of households
with incomes under $2,000 and 97
percent of households with incomes of
$15,000 or more owned at least one car.
In the $6,000-$7,499 income class,
nine-tenths of the households were
automobile owners. Ownership rates
continue to increase above this income
but at a slower rate.
The adjusted differences were closer
than the unadjusted differences to the
mean ownership rate (table 3 and chart
11); this indicates that part of the
variation in ownership rates by household income is caused by other characteristics. For example, the unadjusted
difference between households with incomes of $10,000 to $14,999 and all
households was 19 percentage points
while the adjusted difference was 13.
Thus, the slope of the adjusted differences is less steep than that of the unadjusted differences.
Removing the effect of housing tenure
and employment status resulted in the
most important incremental adjustments. In table 3, this can be seen by
the fact that the figures in columns 6
and 7 are generally less close to those
in column 3 than are the figures in columns 5, 8, or 9.
Ownership rates of two or more cars
increased more rapidly with income
than did ownership rates of one or more
cars. On an unadjusted basis, about
9 percent of households with incomes
under . $2,000 were rnulticar owners.
The rate fell to 6 percent in the $2,000$3,000 income class but then increased
SURVEY OF CUEKENT BUSINESS
17
steadily with income, reaching 60 per- some cases, there may be a lag in the
cent among households with incomes of adjustment to current income; such a
$15,000 or more. The mean rate—22 lag may explain why households with
percent of all households—was approxi- incomes under $2,000 have a higher
mated among households with incomes multicar (and late model car) ownership rate than households with incomes
of $5,000 to $6,000.
Household income in this study shows of $2,000 to $3,000.
The strong upward movement in
current income, but automobile ownership is also influenced by past income. multicar ownership as income increased
The income of many households may above the $2,000 level was lessened to
have been higher or lower at the time a some extent after the other five charcar was acquired than in mid-1964, acteristics were accounted for; the adwhen the survey was conducted. In justed differences ranged from —13 to
Table 2.—Proportion of Variance of Household Ownership of Automobiles Explained by
Selected Household Characteristics, Mid-1964
Coefficients of multiple
determination
Classes of households
Coefficients of
partial
determination
Proportion of total variance
explained by the
Characteristic®
Proportion of
residual
variance 1 exCharacteristic plained by the
and household characteristic
income
Ownership of one or more cars
Household income
Age of household head
Employment status
Housing tenure
Residence by region
Place of residence
.181
.086
.115
.068
.016
.068
All six above..
.304
. 084
.014
.017
.028
.006
.042
.200
.216
.214
.199
.246
Ownership of two or more cars
Household income
.
Age of household head
Employment status
Housing tenure _
Residence by region
Place of residence
. 136
.046
.038
.047
.006
.029
__
All six above..
__
.077
.010
. 002
.013
.003
.010
149
143
155
143
155
.183
Ownership of 1962-1964 models •*
Household income
Age of household head.
Employment status
Housing tenure
Residence by region
Place of residence.
.123
.022
.029
.021
.004
.015
__.
All six above
. 082
.002
.002
.002
.002
.005
.125
.127
.127
.126
.130
.139
Ownership of 1957-1961 models 2
Household income
Age of household head
Employment status.Housing tenure
Residence by region.
Place of residence
_
.029
.018
.017
.008
.002
.008
_
All six above. ..
.034
.035
.034
.031
.037
.013
.005
.001
.004
a . 001
.004
.049
Ownership of 1956 and earlier models 2
Household income
Age of household head..
Employment status
Housing tenure
Residence by region.
_
Place of residence
_ ...
All six above
b
. 022
.001
.001
. 000
.008
. 009 ,
.023
.025
.023
.029
.029
.039
1. Residual variance is the variance remaining after accounting for the five other characteristics in the analysis.
2. Households owning two or more cars are counted once and are classified according to their latest model car.
NOTE.—F tests showed coefficients significant at the 0.01 probability level except,
a. Significant at the 0.05 probability level.
b. Not significant at the 0.05 probability level.
Source: U.S. Department of Commerce, Office of Business Economics.
b
.023
.001
.003
.001
.005
.005
18
SURVEY OF CUKRENT BUSINESS
+32 percentage points, as compared with
a range of —16 to +38 before adjustAuto Ownership Rates Among Households: ment (chart 12 and table 4, columns 1
Unadjusted and adjusted differences from U.S. average, and 2). Adjustment for housing tenure
by household income, mid-1964
was the most important in the reduction
Differences From U.S. Average
of the slope.
Percentage Points
Sharp gains in ownership rates with
ONE-OR MORE GARS.increases in household income were also
20
found for cars less than 3 years old.
The rate for all U.S. households in
10
mid-1964 was 27 percent, reached at the
0
$5,000 to $6,000 level of household
income;
the unadjusted rate was 39
-10
percent above the mean among households with incomes of $15,000 or more.
-20
In contrast, the ownership rate of cars
-30
between 3 and 8 years old reached its
40
maximum at $6,000 to $7,500 of
TWO OR MORE CARS
household income and then fell steadily
30
as income rose. The maximum owner20
ship rate for cars 8 years old and older
was
reported by the $2,000 to $3,000
10
income group. It should be noted
0
that households owning two or more
cars are counted once and are classified
-10
according to their latest model car.
For cars less than 8 years old,
-20
2
3 4 5 6 8 10
20 30
differences from the ownership rates
of all households were reduced after
accounting for the five other characteristics in the analysis. For cars 8
years and older, the relationship between
income and ownership was not appreciably affected.
CHART 11
Income elasticity
-20
20
10
0
-10
-20
20
10
0
-10
-20
1
2
3
4 5 6
8 10
20
30
Household Income-Thousands of Dollars (ratio scale)
*Computed after accounting for the effect of the five other characteristics in
the analysis.
U.S. Department of Commerce, Office of Business Economics
66-10-11
In order to investigate the effect of
income on automobile ownership more
intensively, income elasticities were
calculated for households with $2,000$15,000 income. The income elasticity
of ownership measures the relation
between the relative change in household income and the relative change in
automobile ownership. Households with
incomes less than $2,000 were not
included because of the strong effect
of past income on their .ownership.
Households with incomes over $15,000
were not included because of the very
wide range of income variation among
a relatively small number of households.
The elasticities were derived by
fitting curves based on least squares
regressions between the mean income
of seven income classes of households
and their auto ownership rates, after
Occober 1966
adjustment for the five other characteristics in the study.6
The results show that, over the
$2,000-$!5,000 income range, the elasticity is approximately constant with a
value somewhat above one for owneiN
ship of two or more cars. The elasticity
is approximately constant and somewhat below one for ownership of cars
less than 3 years old. This means that
for these two types of automobile
ownership a 1 percent rise in household
income is likely to be accompanied by a
rise of roughly 1 percent in ownership.
In contrast, the income elasticity for
ownership of one or more cars is only
about 0.25 among households with incomes of less than $6,000 and is even
smaller for higher income households.
For cars 3 to 8 years old, the income
elasticity is about 0.40 for incomes
under $4,000; it declines to zero as
income approaches $7,500 and becomes
negative at higher incomes. For cars
8 years old or older, the income elasticity is negative for all income classes
tested.
Age of household head
Approximately 85 percent of households whose heads were between 25
and 54 years of age owned at least one
car. Rates were lower among other
households, especially among those
with heads 65 years or over, whose
ownership was 25 percentage points
less than the mean. Thus, on an
unadjusted basis, the pattern of auto
ownership rates by age of household
head takes the shape of an inverted U
(chart 12). After adjustment for the
influence of other household characteristics, however, the pattern by age
approximates a straight line, which
slopes downward as the age of the
household head increases.
Although the unadjusted ownership
rate of households with heads under
25 was only slightly above average,
the adjustment for income effect increased the difference to 5 percentage
points (table 3). After adjustment
for all five characteristics, it was 9.5
percentage points above average, more
than for any other age group. Income
and home ownership—both of which
6. The equations used to calculate elasticities are available
on request.
SUKVEY OF CURRENT BUSINESS
October 1966
are relatively low among households
with younger heads—contributed most
to hide the strong underlying demand
for auto ownership among young household heads (table 3). Factors in this
demand—after adjustment for other
characteristics studied—may be that
other needs, particularly those arising
from family obligations, are as yet less
pressing and that there is a greater
need for transportation for recreational
and social purposes among these relatively young households.
Households with the oldest heads
had the largest negative differences
from the mean ownership of one or
more cars, —25 percentage points before adjustment and —9 percent after.
Household income and employment
19
the largest number of children of
driving age, whose demand for cars
tends to overcome competing budget
demands of their families.
Ownership by age of car showed a
varied pattern by age of household
head. After adjustment, ownership
rates of cars less than 3 years old were
higher than average for the households
with the youngest heads, lower for
those with the oldest heads, and close
to the mean for other age groups of
households. The pattern for mediumage cars was similar to that for overall
automobile ownership—i.e., adjusted
ownership rates tended to decline as
age increased. Age apparently had no
effect on ownership of cars 8 years old
or older, as both unadjusted and ad-
status contributed most to the large
negative unadjusted difference, more
than offsetting the reverse effect of
the relatively high homeownership rate
of households with heads aged 65 or
over. The negative difference remaining after adjustment for all the characteristics included in this study may in
part reflect a higher incidence of
physical disabilities among older people.
Multiple car ownership rates were
highest among households with heads
35 to 54 years old and were especially
high in the 45-54 age group. The
rankings of these age groups were confirmed by the adjusted differences and
thus were not the result of the five
other characteristics in the analysis.
On the average, these households have
Table 3.—Household Ownership of One or More Automobiles by Selected Household Characteristics, Mid-1964: Differences From Mean
Ownership Rate 1
[Percentage points]
Adjusted for
Classes of households
Household income
Under $2,000...
___
$2,000-$2,999
$3,000-$3,999
$4,000-$4,999
$5,000-$5,999
$6,000-$7,499
$7,500-$9,999
$10,000-$14,999
Unadjusted
Household
income only
All characteristics
Household
income
Age of
household
head
Employment status
of head
Housing
tenure
Residence
by region
Place of
residence
(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
-26. 7
-15.3
-3.1
3.8
10.1
14.7
17.5
19.2
20.2
__
$15,000 and more
Age of household head
Under 25
Adjusted for all characteristics except:
-21.1
-10.1
-.8
3.9
8.5
11.3
12.6
13.8
13.7
—19.8
-9.5
-.8
3.2
7.8
10.4
11.6
13.2
13.4
-21.4
-11.0
-1.2
3.8
8.6
11.3
12.5
14.6
15.7
-22.0
-11.2
-1.9
2.6
8.2
11.9
13.8
15.6
16.3
-20. 0
-9.7
-1.0
3.1
7.9
10.5
11.9
13.6
13.5
-19. 2
-9.2
-.9
3.0
7.7
10.2
11.5
13.0
13.2
10.5
6.4
3.3
2.7
-1.5
-14.7
4.3
2.7
1.5
1.5
— 8
-e!7
9.8
5.2
1.6
.9
-1.9
-9.1
10.7
5.7
2.0
.8
-2.2
-9.9
10.2
7.9
2.1
-10.0
8.7
7.3
2.1
-9.5
8.2
11.8
2.0
-9.7
5.3
-8.7
6.9
-11.2
__ _ _ _ _ _
2.5
8.8
9.2
6.4
-1.6
-24.5
4.9
4.4
3.6
3.4
-.3
-12.9
9.5
5.0
1.7
1.0
-1.8
-9.1
9.3
8.0
4.4
1.7
-3.2
-14.3
Employment status of head
Self-employed: Nonasri culture
Self-employed: Agriculture
Employee .
Not employed
13.1
9.9
7.4
-24.6
10.6
16.8
3.0
-13.6
8.7
6.6
2.2
-9. 5
9.4
3.4
4.7
-15.7
9.2
6.4
3.8
-13.6
Housing tenure
Homeowner
Renter
8.6
-13.9
6.2
-10.0
5.3
-8.6
7.5
-12. 1
4.3
-7.1
5.6
-9. 0
-1.0
-8.3
-6.8
.2
1. 1
3. 0
3.9
10.4
5.4
-1.6
-10.8
1.1
1.6
5.2
2.0
6.8
7.8
1.9
-3.1
-2.6
-4. 5
-2.5
1.9
1.6
2.1
5.3
3.4
-2.3
-1.6
-8.4
-3.0
-.3
1.8
1.5
7.0
5.3
-3. 5
-3.1
-4.0
-2.1
2.3
1.4
1.9
5.9
3.7
-3.2
-2.6
-4.7
-2. 7
2.2
1.8
2.7
4.8
3.0
-4. 1
-2.7
-4.2
-2.4
2.2
2.2
2.7
5.4
2.6
-34.6
-16.4
-6.6
-1.9
-36.4
-16.7
-5.7
-1.1
-27. 8
-13.9
-4.5
-.6
-25.5
-13.3
-4.2
-.8
-28.7
-14.4
-4.7
-.8
-27.6
-14.4
-5.0
-.8
-33. 1
-16. 5
-5.7
-1.4
t-30.4
-13.0
-4.0
-.3
8.6
11.2
2.1
6.9
1.6
6.2
3.3
7.6
1.8
6.5
1.3
5.9
2.3
7.4
1.9
5.9
.1
2.0
6.1
1.8
6.7
14.6
1.8
5.2
7.9
1.2
2.5
4.4
1.6
5.3
7. 8
1.8
5.2
11.4
1.9
6.7
9.0
2.0
4.8
7.7
25-34__
35-44
45-54 _
55-64._
_ _
_
65 and over
Residence by region
New England
Middle Atlantic
East South Central
South Central
_
West South Central
East North Central
West North Central
Mountain _
Pacific
_
_
_
Place of residence
SMSA, central city
Urbanized area 10 000 000 or more
Urbanized area 3,000 000 to 9 999,999
Urbanized area 250,000 to 2,999,999
Urbanized area under 250,000
SMSA, noncentral city
Urbanized area 3 000 000 or more
Urbanized area under 3,000,000
Outside SMSA's
Urban
Rural nonfarm
Rural farm
_ .
1. The mean ownership rate in mid-1964 was 77.0 percent. The differences from this rate
are based on the coefficients of the explanatory variables obtained from the regressions.
.0
-8.5
-1.5
.6
3.3
1.4
4.2
7.1
3.7
Source: U.S. Department of Commerce, Office of Business Economics.
SUEVEY OF CUEEENT BUSINESS
20
justed differences were very close to
the mean ownership rate of such cars.
Employment status
As would be expected, households
with self-employed heads had a higher
rate of ownership of one or more cars
than did those headed by employees;
this was particularly true for the selfemployed in nonfarm occupations.
The lowest rate before adjustment, 25
percentage points below the mean, was
found among households with heads
who were not employed. The five
other characteristics in the study accounted for part of these differences,
but the ranking of the classes did not
change after adjustment (chart 12).
Income was generally the major factor,
wiiile the age effect was quite important
for the "not employed77 group, which
contains a large proportion of household heads at least 65 years old,
Accounting for place of residence was
important for farmers. The relatively
October 1966
higher demand of the self-employed
(other tested factors being equal)
probably reflects their need for cars
for business use.
Self-employed farmers had lowerthan-mean rates of multicar ownership
both before and after adjustment for
other characteristics. A likely cause of
the lower multicar demand by farmers
is their high rate of ownership of trucks,
which may substitute for a second
automobile.
Auto Ownership Rates Among Households:
Unadjusted and Adjusted Differences
ONE OR MORE CARS
AGE OF HEAD
EMPLOYMENT STATUS OF HEAD
TENURE
PLACE OF RESIDENCE
Differences From U.S. Average
Percentage Points
Differences From U.S. Average
Percentage Points
16
16
0 -
- 0
U.S. average rate =77.0%
-8
-16
-16
-24
-24
|H Ufiajusted,
•
Adjusted*
-32
-32
-40
-40
TWO OR MORE CARS
16
16
- o
I
U.S. average rate = 21.9%
-16
-24
-24
Under
25
2534
4554
5564
65 &
over
AGE OF HEAD
Ag. Employee Not
Self Employed
Employed
EMPLOYMENT STATUS OF HEAD
*Computed after accounting for the effect of the five other characteristics in the analysis.
U.S. Department of Commerce, Office of Business Economics
Home
Owner
Renter
TENURE
SMSA
Outside SMSA
Central City
| Noncentral City Urban Nonfarm Farm
10+ 3- .25- Under
3+ Under
|
Rural
10 3
.25
3
(Millions in urbanized areas)
PLACE OF RESIDENCE
SUEVEY OF CURRENT BUSINESS
October 1966
Housing tenure
Homeowners had considerably higher
rates of automobile ownership than
renters for each type of auto ownership
studied, except for cars 8 or more
years old (chart 12). Accounting for
the other characteristics in the analysis
generally reduced the differences but
did not eliminate them,, The reduction
of the differences was due mainly to
removing the effect of the higher income
of the homeowners. The reduction also
reflected the effect of place of residence,
since homeowners are less likely to live
in central cities, where automobile
ownership is less frequent.
The higher demand for car ownership
by homeowners on an adjusted basis
may reflect the fact that the owneroccupied home is generally located further from the community's major area
of activity than a rented dwelling; moreover, off-street parking and garages are
available more readily and cheaply to
the homeowner than to the renter.
21
Region of residence
Households in the Mountain States
had the highest rate of ownership of one
or more cars among the nine regions of
the United States; their unadjusted rate
was 10 percentage points above the mean.
Above-average rates also existed in the
Pacific, East North Central, and West
North Central States. The lowest
rates were found in the Middle Atlantic
and East South Central States. However, a large part of the differences
CHART 12
From U.S. Average, by Selected Characteristics of Households, Mid-1964
1962-1964 MODEL CARS
AGE OF HEAD
EMPLOYMENT STATUS OF HEAD
TENURE
Differences From U.S. Average
Percentage Points
PLACE OF RESIDENCE
Differences From U.S. Average
Percentage Points
16
16
-
0
U.S. average rate= 26.996
1957-1961 MODEL CARS
16
U.S. average rate=31.2%
-16
-16
1956 AND EARLIER MODEL CARS
U.S. average rate=18.9%
U.S. average rate= 18.9%
-8
-16
-16
Under 2525 34
3544
4554
55- 65 &
64 over
AGE OF HEAD
Nonag. Ag. Employee Not
Self Employed
Employed
EMPLOYMENT STATUS OF HEAD
Home
Owner
Renter
TENURE
SMSA
Outside SMSA
Central City
iNoncentral City Urban Nonfarm Farm
10+ 3- .25- Under
3+ Under 3
I
Rural
10
3
.25
(Millions in urbanized areas)
PLACE OF RESIDENCE
U.S. Department of Commerce, Office of Business Economics
22
SUEVEY OF CUKKENT BUSINESS
among regions was found to be attrib- This ranking remained virtually unutable to the other characteristics in changed after the effects of other
the study. The high rate in the characteristics were accounted for
Mountain States and the low rate in (table 4). After adjustment, variations
the East South Central States were in ownership by region may be related
caused mainly by the income effect; (inversely) to the availability of public
the low ownership rate in the Middle transportation facilities.
Atlantic States was due mainly to a
Classification of automobile ownerhigher-than-average proportion of city ship by region and age of car indicates
dweller households. After adjustment, that for cars less than 3 years old the
ownership rates were still above average East North Central region has the
in the Mountain and Pacific States and highest ownership rates and the East
lower along the Atlantic Coast (table 3). South Central region the lowest.
Multicar ownership rates were high- These rankings remain unchanged after
est in the Western regions (close to 30 adjustment for the effect of other
percent) and lowest in the Middle characteristics in the study. Michigan,
Atlantic, New England, and South which is one of the East North Central
Central regions (about 20 percent). States, has the largest number of late
October 1966
model cars per household in the United
States. This State is the center of the
automotive industry and has more
favorable auto prices because of lower
freight costs and special discounts to
automobile workers.
Place of residence
For most categories of automobile
ownership, suburban households living
in the Standard Metropolitan Statistical Areas (SMSA's) had higher rates
than households living elsewhere; nearly
nine-tenths of the suburban households
were automobile owners and more than
three-tenths owned a second car. The
higher rankings of these households, as
compared with those in central cities,
were maintained after adjustment for
Table 4.—Household Ownership of Automobiles by Selected Household Characteristics, Mid-1964: Differences from Mean Ownership
Rates1
[Percentage Points]
Types of ownership
Classes of households
Unadjusted
Household income
Under $2,000
$2,000-$2,999._____-______
$3,000-$3,999___
$4,000-$4,999
$5,000-$5,999
$6,000-$7,499__
$7,500-$9,999
$10,000-$14,999
$15,000 and more
_________
_
____
___
Age of household head
Under 25
25-34
_
35-44.._____
_ _ _ . _._
45-54.
55-64
65 and over
Employment status of head
Self-employed: nonagriculture
Self-employed: agriculture
Employee.--....
____
Not employed
Housing tenure
Homeowner.Renter
__...._
Residence by region
New England
_
Middle Atlantic
East South Central..
South Central
West South Central
East North Central
West North Central..__
Mountain
Pacific
_
__
__
_
-12.8
-16.
-11.2
-7.0
-2.4
5.0
15.1
27.3
37.5
_
-9.4
-12.8
.
_
.__
_
_
____
_
_
_
____
___
____•_'-.___
_
.__
Adjusted
3*.2
7.6
10.4
6.7
1.9
4.2
.3
-.7
1.9
.7
-3.6
2.9
5.0
5.2
2.3
-2.3
-11.6
5.5
3.6
2.9
.7
-2.6
-6.5
2.5
2.2
-1.0
-1.8
.3
-.1
-.2
1.2
6.0
4.6
-.4
-1.9
3.3
7.3
3.2
-10.4
2.8
3.4
.5
-2.8
-2.1
1.7
1.8
3.3
-5.4
2.6
-4.3
.3
-.5
-1.5
-.4
-.8
-3.4
1.1
.2
3.0
-1.1
.5
-2.3
.0
-2.4
-4.4
-1.4
-.1
2.4
3.0
2.9
.9
-.2
-3.8
-2.5
.0
1.8
2.0
1.1
.3
1.9
4.3
5.2
1.0
3.5
3.3
2.7
4.5
3.7
-2.4
-1.7
2.7
-1.1
1.7
3.2
1.1
3.7
5.4
4.8
-3.5
.6
-2.8
11.8
3.2
-12.4
7.0
-11.5
3.7
-6.1
5.0
-8.1
-1.4
-4.4
-1.5
-.7
-.7
-2.3
1.1
4.9
5.9
-3.2
-3.0
1.8
-.7
1.3
-.1
1.8
2.4
3.2
—18.5
-9.0
-3.7
—1.4
-12.5
-6.2
-2.6
-.5
-12.1
-4.4
-3.8
-.6
9.1
1.6
4.6
8.1
-1.
—2.4
-1.1
.1
.5
3.5
-2.6
-1.6
-2.5
-1.8
3.0
Unadjusted
0.9
9.5
8.1
5.6
1.7
-1.6
-6.0
-10.4
-15.5
12.1
—2.0
3.7
-13.3
-1.6
-7.6
Adjusted
-0.8
8.0
7.7
5.7
2.4
-.5
-4.6
-9.2
-14.7
-2.9
1.6
5.0
5.8
.4
-12.9
-2.9
3.0
11.4
22.7
31.9
Unadjusted
and earlier models 2
7.3
4.8
1.0
2.9
6.5
8.2
3.6
1.1
1.5
2.3
2.1
6.7
-9.3
-6.3
—14.4
_
Adjusted 3
-13.3
-14.0
-9.9
-5.2
-.3
3.8
14.1
24.8
35.9
1. Mean ownership rates in mid-1964 were as follows: Two or more cars: 21.9 percent;
1962-64 model cars: 26.9 percent; 1957-61 model cars: 31.2 percent; 1956 or earlier model cars:
18.9 percent.
2. Households owning two or more cars are counted once and are classified according to
their latest model car.
Unadjusted
-15.0
-15.6
-10.7
-5.1
.1
4.8
15.3
26.5
38.7
-1.7
7.4
10.7
,
Place of residence
SMSA, central city
Urbanized area 10,000,000 or more
Urbanized area 3,000,000 to 9,999,999..
Urbanized area 250,000 to 2,999,999
Urbanized area under 250,000
SMSA, noncentral city
Urbanized area 3,000,000 or more
Urbanized area under 3,000,000
Outside SMSA's
Urban....
Rural nonfarm...
Rural farm__
Adjusted
1956
1957-61 models 2
1962-64 models 2
Two or more cars
-11.0
-7.7
__ i
-10.8
-lie
.1
1.0
-.2
-1.6
2.0
-4.9
-8.4
-6.2
-1.2
1.7
-10.3
-2.8
-2.4
.4
-11.8
-5.3
-2.0
-3.2
-9.2
-4.9
-.9
-2.7
2.9
2.6
4.2
.5
2.3
-2.1
.1
.4
1.0
1.1
-.1
6.8
2.0
4.6
2.0
1.3
2.4
1.1
3. Adjusted for the effects of the five other characteristics in the study.
Source: U.S. Department of Commerce, Office of Business Economics.
STJKVEY OF CUEEENT BUSINESS
October 1966
other characteristics. However, households living in rural areas ranked even
higher than suburban households in
their demand for automobile ownership
when the effects of other characteristics
were removed (chart 12). On both an
adjusted and an unadjusted basis, there
was a clear relationship between auto
ownership and the population size of
an area: the larger the population, the
lower the ownership rate.
In the suburbs of the largest SMSA's,
most of the apparent difference in ownership rates between households living
there and all households was accounted
for by the other characteristics, mainly
income and housing tenure.
In the largest central city—New
York—household ownership of one or
23
Appendix
more cars was 35 percentage points
below the U.S. mean, and only 3 percent
The results of this study were based
of households owned a second car.
These and other low rates in central mainly on mutivariate analysis carried
cities were caused to some extent by out by least squares multiple regresthe other characteristics in the analysis, sions using dummy variables; all obsermainly by homeownership, which is less vations for both dependent and independfrequent in central cities. However, ent variables were coded either 1 or 0.
after allowance for the other factors For example, when the dependent varianalyzed, rates substantially below able was ownership of one or more cars,
average persisted in central cities in the the value of 1 was attributed to a housemore populous urbanized areas. Some hold if it owned an automobile, and 0
of the causes of the negative adjusted if it did not.
Each of the six explanatory characdifferences from the mean may be the
availability of mass transportation, teristics was partitioned into mutually
limited parking facilities, and high in- exclusive classes, and each class prosurance rates; the last two increase the vided an independent variable for the
cost of automobile ownership in the regression. The household characteristics used in the analysis were partitioned
central cities relative to other areas.
Appendix, Table A-l.—Summary of Five Regressions for Household Ownership of Automobiles, Mid-19641
Household ownership of
Explanatory variables (Classes of households)
Constant __
Household income
Under $2,000
$2,000-$2,999
$3,000-$3,999___
$4,000-$4,999
$5,000-$5,999 (omitted variable)
$6,000-$7,499_._
$7,500-$9,999
$10,000-$14,999
$15,000 and more
Age of household head
Under 25
25-34
35-44 (omitted variable)....
45-54.__
_
55-64
65 and over
_.
_
.
Standard
error
Regression
coefficient
Standard
error
Regression
coefficient
Standard
error
Regression
coefficient
Standard
error
Regression
coefficient
77.3
1.4
13.0
1.5
23.2
1.7
37.7
1.8
16.4
1.6
1.3
1.6
1.5
1.5
-13.8
-11.3
-5.5
-3.6
1.4
1.7
1.7
1.7
-0.8
7.8
6.4
3.9
1.2
1.4
1.4
1.4
Residence by region
New England
Middle Atlantic
East South Central
South Central
West South Central
East North Central (omitted variable)
West North Central...
Mountain
Pacific
Place of residence
SMSA, central city:
Urbanized area 10,000,000 or more
Urbanized area 3,000,000 to 9,999,999
Urbanized area 250 000 to 2 999 999 (omitted variable)
Urbanized area under 250,000
_..
'SMSA, noncentral city:
Urbanized area 3,000,000 or more
Urbanized area under 3,000,000
Outside SMSA's:
Urban
.
.
.
Rural nonfarm
Rural farm
-13.0
-13.7
-9.6
-4.9
1.3
1.3
1.4
1.9
1.7
-2.9
-7.6
-13.4
1.5
1.5
1.6
2.3
-3.6
-4.4
1.5
1.0
4.9
1.0
1.6
1.1
2.6
0.7
1.8
1.2
0.3
1.7
1.5
1.0
.9
1.0
1.1
4.6
-2.9
-1.8
1.0
1.0
1.2
2.6
1.4
-2.9
1.0
1.1
1.3
1.2
1.2
1.4
-1.1
0.6
1.5
1.0
1.0
1.2
1.1
2.0
4.2
-4.1
1.1
2.1
6.4
5.0
1.2
2.3
1.4
2.5
-2.2
-3.6
1.2
2.2
.9
-3.4
1.0
1.1
-6.9
1.0
1.4
.9
5.9
14.3
25.6
34.8
-1.5
1.0
-2.2
-5.5
-9.4
2.3
2.9
-3.3
.9
2.4
.7
.7
.3
.7
.3
.5
0.8
1.5
5.9
2.1
4.9
1.4
1.1
1.5
1.1
1.3
0.2
-0.7
-1. 5
1.6
2.0
1.3
4.3
6.9
8.6
1.4
1.7
1.1
2.0
1.6
-8.3
-4.0
2.2
1.8
-1.8
6.9
13.9
.7
9.8
.7
4.6
.8
-4.7
-4.2
-6.1
-4.1
0.3
1.3
1.0
1.4
1.0
1.2
-3.1
-2.9
1.9
-0.6
1.4
1.4
1.1
1.4
1.1
1.3
-3.4
-3.8
-6.4
-1.9
-2.8
1.5
1.2
1.6
1.2
1.4
-2.1
-2.0
-5.6
-4.3
-1.8
0.5
3.7
1.8
1.2
1.6
1.0
1.9
2.5
3.3
1.3
1.7
1.1
-4.1
-2.5
-5.3
1.4
1.9
1.2
1.8
1.5
-7.9
-0.4
-23.3
-9.4
-3.3
-7.7
-12.1
-17.2
1.4
1.4
1.5
2.1
1.7
1.4
-9.9
-3.6
'• •
'
-7.2
-5.0
1.9
1.5
3.9
1.3
2.1
1.4
2.8
1.5
1.7
2.9
1.4
6.1
10.7
1.3
1.0
4.2
7.2
1.4
1.0
3.2
5.3
1.5
1.1
1.4
3.2
1.7
1.2
1.6
2.2
1.4
1.1
6.3
9.7
12.4
1.1
1.1
1.8
2.7
3.1
6.1
1.1
1.1
1.9
1.8
4.8
3.5
1.2
1.2
2.1
2.0
0.8
7.7
1.4
1.4
2.3
2.5
4.0
1.1
1.2
1.2
2.0
1. The coefficients are differences in percentage points from the ownership rate of the omitted
variables. The constant of the equation is the expected ownership rate of households belonging to the six omitted classes.
1.2
1.4
1.4
1.4
4.1
14.4
25.1
36.2
7.8
3.3
-11.7
-6.5
-9.9
-6.4
-3.4
Standard
error
1.3
1.3
1.4
1.9
1.2
1.2
1.3
1.8
6.5
4.4
_
1.1
1.3
1.3
1.3
2.6
3.8
5.4
5.6
-0.7
-3.5
-10.8
._
1956 or earlier models
1957-61 models
1962-64 models
Regression
coefficient
-27.6
-17.3
-8.6
-4.6
Employment status of head
Self-employed: Nonagriculture
Self-employed : Agriculture
Employee (omitted variable)
Not employed
Housing tenure
Homeowner ._
Renter (omitted variable)
Two or more cars
One or more cars
Source: U.S. Department of Commerce, Office of Business Economics.
24
into 39 independent variables in all.
For example, the division of the United
States into nine regions provided nine
separate variables. Each household
was coded 1 in the variable for its
region of residence and 0 for each of
the other regions. The partitioning of
the characteristics was as follows:
SURVEY OF CUEEENT BUSINESS
tion, in conjunction with the previous
six equations, yielded the coefficients
of partial correlation shown in table 2.
Transformation of the parameters
The use of the dummy variables
requires the imposition of additional
constraints on the parameters. In the
original computations of these regresNumber of classes
sions,
all households in one class of each
Characteristics related to automobile
(Number of
ownership of households
independent
characteristic
were coded 0; this class is
variables)
labeled "omitted variable" in table A-l.
The constant in each of these regression
Household income
Age of household head
equations is thus equal to the mean
Employment status of the head_
value of the dependent variable (rate of
Housing tenure
Residence by region
ownership, actual or expected) for all
Residence by size of place
households belonging to the omitted
class or classes. The coefficients of the
The dummy variables made it possi- independent variables are differences
ble to use such nonnumerical variables from the rate of ownership of the
as employment status or residence by omitted class of households.
region. The observations were coded
In order to interpret the results
1 or 0 even for such characteristics as more easily, the constant and the
household income and age of the house- coefficients of each equation were transhold head, for which numerical values formed so that the constant became
of the observations were available. An equal to the mean ownership rate of
advantage of the dummy variable tech- all households and the transformed
nique is that the underlying relationship coefficients became differences (devibetween the dependent and independent ations) in percentage points from the
variables can be determined without mean ownership rate.8
requiring an a priori assumption about
Standard errors
the form of the relationship.
The results of the original computaThe regression equations
tions for the five regressions containing
Each of the five categories of auto- all six characteristics and standard errors
mobile ownership was related to the of the coefficients before the transclasses of the six explanatory charac- formation are shown in table A-l.
teristics in a series of 18 equations. These standard errors may serve in a
The first six equations used variables rough test of significance of differences
based on classes from a single charac- between any two of the original or
teristic. The regression coefficients
from these six equations indicate for transformed coefficients. The standard
each characteristic the unadjusted dif- errors were very stable in each combiferences from the mean U.S. rate of nation of independent and dependent
variables whether or not other characautomobile ownership.
The next five regressions used house- teristics were included in the analysis.
hold income and one of the other five
characteristics since earlier studies had
1966 Model Autos
indicated the unique position occupied
(Continued from page 13)
by income as an explanatory variable.
the 1966 market, as compared with 45
Then, six regressions containing all
percent in 1965 and 30 percent in 1963.
combinations of five characteristics
This growth, which has occurred in both
were computed. Finally, one equation
2- and 4-door hardtops, has taken place
was computed that included all six
tested characteristics.7 This final equa- mostly at the expense of 2- and 4-door
sedans, but there has also been some
7. Tables showing the adjusted differences (similar to
those shown in table 3) for the other categories of automobile
ownership are available upon request.
8. For the method of calculation, see E. Melichar, op.
cit., p. 375.
October 1966
slippage for convertibles and station
wagons. The sedans declined from 50
percent of the 1963 models to under 35
percent of the 1966 models.
More demand for extra equipment
In addition to trading up in price
lines, consumers have been taking
increasing numbers of the options
offered with new cars. Among the
higher cost options, for example, over
29 percent of the cars produced in the
first 9 months of the 1966 model year
had factory-installed air conditioners;
23 percent of the 1965 n]todels were so
equipped.
Another item growing rapidly in popularity is the vinyl-covered top, which
was introduced in the 1964 models.
Five percent of the 1965 models and
12 percent of the 1966 models were purchased with vinyl tops. Fully 84 percent and 67 percent of the 1966 cars
were equipped with automatic transmissions and power steering respectively, as compared with 80 percent ana
60 percent of the 1965 models. V-8
engines were installed in 78 percent of
the 1966 models; this figure has been
rising 5 to 6 percentage points a year
since it reached 56 percent in 1962.
The increased demand for these and
other factory-installed extras in the
1966 models, as well as the trading up
to higher priced cars, more than offset
the decline in the Consumer Price Index
in their effect on average unit prices.
Trends by size of car
The share of the market accounted
for by the compacts has continued to
decline—to 17 percent in 1966 as compared with 22 percent in 1965 and a
peak of 34 percent in 1962 (table 3).
The standard sized cars have also been
trending downward from more than 67
percent of the market in 1960 to 53 percent in 1965 and 52 percent in 1966.
Since 1963, these reductions have
been offset by the movement toward the
intermediate sized cars (chart 9). The
intermediates accounted for 24 percent
of the domestic output and imports of
1966 models, up from 19 percent a year
earlier. The sport-type compact, after
rising from a 2 to 3 percent range in the
1961-63 period to 9 percent in 1965,
slipped back 1 percentage point among
the 1966 models.
U.S. GOVERNMENT PRINTING OFFICE : 1966—O-231-552
CURRENT BUSINESS STATISTICS
JLHE STATISTICS here update series published in the 1965 edition of BUSINESS STATISTICS, biennial statistical supplement to the SURVEY
OF CURRENT BUSINESS. That volume (price $2.00) provides a description of each series, references to sources of earlier figures, and historical data
as follows: For all series, monthly or quarterly, 1961 through 1964 (1954-64 for major quarterly series), annually, 1939-64; for selected series,
monthly or quarterly, 1947-64 (where available). Series added or significantly revised after the 1965 BUSINESS STATISTICS went to press are indicated
by an asterisk (*) and a dagger (f), respectively; certain revisions for 1964 issued too late for inclusion in the 1965 volume appear in the monthly
SURVEY beginning with the September 1965 issue. Also, unless otherwise noted, revised monthly data for periods not shown herein corresponding
to revised annual data are available upon request.
Statistics originating in Government agencies are not copyrighted and may be reprinted freely. Data from private sources are provided through
the courtesy of the compilers, and are subject to their copyrights.
1963
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1964
III
Annual total
1964
1963
1965
IV
I
II
1966
1965
IV
III
I
II
III
IV
I
II
Hip
Seasonally adjusted quarterly totals at annual rates
GENERAL BUSINESS INDICATORS—Quarterly Series
NATIONAL INCOME AND PRODUCTf
Gross national product, totalf
bil. $
Personal consumption expenditures, total .._ .do
Durable goods, total 9
_ _
Automobiles and parts
Furniture and household equipment
do _
do
do
Nondurable goods, total 9
Clothing and shoes
Food and beverages
Gasoline and oil
do
do
do
do
-
Services, total 9
_ _ Household operation
Housing
Transportation
_
do
do
_ _ _ _ do
__ _do_ _
Gross private domestic investment, total. _ do
590. 5
631.7
681.2
594.7
605.8
616.8
627.7
637.9
644.2
660.8
672.9
686.5
704.4
721.2
732 3
746. 0
375.0
401.4
431.5
378.3
381.5
391. 1
398.0
407.5
408.8
418.9
426.8
435.0
445.2
455.6
460.1
470.0
53.9
24.3
22.2
59.4
25.8
25.1
66.1
29.8
27.1
55.6
54.5
24.4 . 24.9
23.1
22.5
57.6
25.3
24.1
59.8
26.0
25.4
61.1
27.1
25.3
58.9
24.6
25.7
65.1
30.1
26.0
64.4
29.2
26.2
66.7
30.2
27.3
68.0
29.9
28.8
70. 3
31.4
29.6
67.1
28 5
29 2
70.3
30.0
30.5
168 6
30.6
88 2
13 5
178.9
33.6
92 8
14.1
190.6
35.9
98 4
15 I
169.9
31.4
88 3
13.5
169.6
30.7
88.6
13. 7
174.9
32.8
90.7
13.9
176.5
32.7
92.1
13.9
181.7
34.3
93 9
14.2
182.4
34.4
94.4
14.4
184.5
34.6
95 4
14.4
189.4
35.6
97 8
15.2
191.4
36.0
98 7
15.3
197.0
37.5
101 6
15.7
201. 9
39.4
103 3
15 8
205 6
39.7
104 8
16 1
208.3
41.0
105 8
16.3
152.4
23 1
55.4
11.4
163.1
24 3
59.2
11.8
174.8
25 6
63.2
12.8
153.9
23 5
55.8
11.5
156.3
23.3
56.8
11.6
158. 7
23,8
57.7
11.7
161.6
24.2
58.7
11.7
164.7
24 7
59.6
11.9
167.5
24.7
60.7
12.1
169.3
24 7
61.6
12.2
173.0
25 4
62.7
12.7
176.9
26.0
63.6
13.0
180.2
26.3
64.7
13.4
183.4
26 5
66.0
13.5
187.4
27 1
67. 1
13.9
191. 4
27.3
68.2
14.2
87.1
93.0
106.6
88.0
92.9
90.2
91.8
92.5
97.4
103.8
103. 7
106 7
111.9
114 5
118/5
116.0
81.3
54.3
19 5
34 8
27.0
26.4
59
5.1
88.3
60.7
21 0
39.7
27.6
27.0
47
5.3
97.5
69.7
24 9
44 8
27.8
27. 2
91
8.1
82.0
55.0
19 4
35 5
27.1
26.5
60
53
84 7
56.8
19 9
36 8
28.0
27.4
81
70
86.6
58.1
20 3
37.9
28.5
27.9
35
36
87 6
59.7
20 9
38 8
27.9
27.3
42
51
88.9
61.7
21 0
40 7
27.2
26.6
36
46
90.0
63.3
21 8
41.4
26.7
26.2
7.4
7.9
94 4
66.7
23 6
43.1
27.7
27.2
95
9.4
96.0
67.9
24 6
43.3
28.1
27.5
76
6.7
98 0
70.2
24 4
45 8
27.8
27.3
87
72
101. 5
73.9
26 8
47.1
27.6
27.0
10.4
9.0
105 6
77.0
28 5
48 5
28.6
28.0
89
85
106 2
78.2
27 9
50 3
28.0
27.4
12 3
12 1
105.2
80.0
27.3
52.7
25. 2
24.6
10.8
11.3
5.9
32.3
26 4
8.5
37.0
28 5
7.0
39.0
32 0
56
32.5
26 9
7.1
34.3
27 1
9.0
36.4
27 4
7.9
36.0
28 1
84
37.2
28 8
8.6
38.1
29 6
6 4
35.1
28 7
82
40.5
32 3
71
40.1
33 0
6.1
40.3
34 2
6 0
41.7
35 6
4.7
41.9
37 3
4.7
43.7
39.0
Govt. purchases of goods and services, total. _do
Federal. _ _ _ _ _ _ _ _
do_ _
National defense
do
State and local _
_
do
122.5
64.2
50 8
58 2
128.9
65.2
50 0
63 7
136.2
66.8
50 1
69 4
122.9
64.2
51 0
58 7
124.3
64.4
50 3
59 8
126.5
64.9
50 1
61 6
130.1
66.6
51 6
63 4
129.5
65.1
49 8
64 4
129.4
64.1
48.5
65.3
131.6
64.4
48 2
67 3
134.3
65.6
49 1
68 7
137.7
67.5
50 7
70 2
141.2
69.8
52 5
71.4
145.0
71.9
54 6
73 1
149.0
74.0
57 1
75 0
155.3
78.3
61.3
77.0
By major type of product:!
Final sales, total
Goods total
Durable goods
Nondurable goods
Services
Structures
584 6
292 7
113 3
179 4
226 2
65 7
627 0
313 6
122 2
191 3
244 5
68 9
672
335
132
203
262
74
1
7
2
5
0
5
588 8
294 7
114 7
180 1
228 1
65 9
597 7
298 1
117 3
180 8
232 2
67 4
613 3
307 1
119 6
187 5
237 3
68 8
623
311
122
189
242
69
5
4
4
0
7
4
634 4
318 8
125 0
193 8
247 1
68 5
636 8
316 9
122 o
195 0
251 1
68 8
651
324
127
196
254
72
4
3
7
6
3
7
665 3
331 2
128 8
202 4
259 8
74 3
677 8
338 8
134 3
204 4
265 1
73 9
694 0
348 4
137 9
210 5
268 8
76 9
712 3
357 0
141 8
215 2
275 5
79 8
720 0
359 3
140.6
218 7
282 1
78 6
735. 2
5.9
28
3.1
4.7
33
1.4
9.1
6 3
2.7
6.0
2 3
3.7
8.1
38
4.4
3.5
2 3
1.2
4.2
36
.5
3. 6
28
.8
7.4
4 4
2.9
9.5
7 4
2.1
7.6
6 4
1.2
8.7
6 7
2.1
10.4
47
5.7
8.9
58
3.1
12.3
9.0
3.3
10.8
bil. $
551 0
580 0
614 4
554.7
562.1
569.7
578.1
585.0
587.2
600. 3
607.8
618.2
631.2
640. 5
643. 5
650. 7
do. _
353.3
373.8
396.2
356.1
357. 7
365.7
371.0
379.5
378.9
387.1
392.2
398.9
406. 5
412.8
412.2
. do
do
do
53.7
162 2
137 4
59.1
170 5
144 2
66.4
178 2
151 6
54.4
163 3
138 4
55.3
162 4
140 0
57.2
167 2
141 2
59.5
168 4
143 1
60.9
173 3
145 3
58.8
173 1
146.9
64.8
174 2
148.1
64.2
177 6
150 4
67.2
178 5
153.1
69.2
182 5
154.8
72.2
184.1
156. 5
68.5
185.8
157.9
do
82 5
86 5
97 8
83 1
87 7
84 6
85 6
85 7
90 2
95 9
95 3
97 9
102 2
103 5
106 3
do
do
do
do
76 7
51 9
81
57
24
4
89 0
64 9
24 1
88
77.2
52 5
24 7
59
79.7
54 3
95 4
81
81.2
55 5
25 7
35
81.6
56 6
24 9
40
82
58
24
3
2
2
1
5
82.8
59 2
23 6
74
86.6
62 3
24 4
93
88.0
63 4
24 5
73
89.4
65 5
23 9
85
91.9
68 4
23 5
10 2
95.0
70.8
24 3
85
94.7
71.3
23 4
11 6
6 3
55
71
9 2
82
8 4
80
57
71
6 4
6 0
5.9
4.6
i in n
1flQ ^
'1
Federal _
do
57 8
59 5
57 8
59 6
58 7
State and local
do
53^4
50.1
56.3
50.4
50^9
••Revised.
p Preliminary,
f Revised series. Estimates of national income and product and personal income have been revised (see p. 11 ff. of the July 1966 issue of the SURVEY);
iinq
11 q q
Fixed investment
_ _ _ _ do
Nonresidential. _
_do __
Structures
do
Producers' durable equipment
do
Residential structures
_ _ _ _ _
do
Nonfarm
do
Change in business inventories _
do
Nonfarm
_
do
Net exports of goods and services ..
Exports _ _ _ _
Imports
do
_ _ do__ _
do
do
do
do
do
do
do
Change in business inventories... _
Durable goods
Nondurable goods __
_ do
do
do _
GNP in constant (1958) dollars
Gross national product, totalf
_ _ _ _ _
Personal consumption expenditures, total
Durable goods.
Nondurable goods
Services _ _ _
_
Gross private domestic investment total
Fixed investment- _ _ _ _ _
Nonresidential
Residential structures
Change in business inventories
Net exports of goods and services
_
do
94. 8
58
56
10Q fi
9
4
6
6
85
m
o
m
m
q
110 1
111 5
113 2
115 0
56 1
56 2
57 3
58 3
59 7
57 4
58 2
55.9
56.7
55.3
52.0
53.6
53.9
54.0
revisions prior to May 1965 for personal income appear on
the SURVEY,
9 In eludes data not shown separately.
120 4
116 6
118 3
61.9
60.4
59.3
58.5
57.9
57.3
p. 18 ff. of the July 1966 issue of
s-l
SUKVEY OF CURRENT BUSINESS
S-2
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1963
1964
1965
Annual total
I
II
1966
1965
1964
1963
IV
October 1966
IV
III
I
IV
III
II
I
II
Hip
IV
GENERAL BUSINESS INDICATORS—Quarterly Series—Continued
NATIONAL INCOME AND PRODUCT— Con.
Quarterly Data Seasonally Adjusted at Annual Rates
National income total f
bil $
C ompensation of employees total
do
Wages and salaries, total
do
Private
do
Military
do
Government civilian
•.
do
Supplements to wages and salaries
do
Proprietors' income total 9
do
Business and professional 9
do
Farm
do
Rental income of persons
_do
Corporate profits and inventory valuation adjustment total
bil $
By broad industry groups:
Financial institutions
do
Nonfinancial corporations total
do
Manufacturing total
do
Durable goods industries
do
Transportation, communication, and public
utilities
bil $
All other industries
do
481.9
341.0
311.1
251. 6
10.8
48.6
29.9
51.0
37.9
13.1
17.1
517.3
365. 7
333.6
269.3
11.7
52.6
32.0
51.9
39.9
12. 0
17.7
559.0
392.9
358.4
289.1
12.1
57.1
34.5
55.7
40.7
15.1
18.3
493.9
349.2
318.5
257.1
11.6
49.8
30.8
51.4
38.5
12.9
17.2
504.0
355.3
324.4
261.8
11.6
51.0
31.0
51.3
39.1
12.2
17.4
513.7
362.2
330.6
267.1
11.6
51.9
31.7
52.2
39.9
12.2
17.6
522.9
369.8
337.4
272.3
11.7
53.4
32.4
51.9
40.3
11.7
17.8
528.5
375.3
342.2
275.9
11.9
54.3
33.1
52.2
40.3
11.9
17.9
543.3
381.7
348.2
281.2
11.8
55.2
33.5
53.3
40.5
12.9
18.1
552.2
387.8
353.7
285.8
11.7
56.3
34.1
55.9
40.4
15.5
18.3
562.7
395.6
360.8
291.1
12.0
57.7
34.8
56.7
40.7
16.0
18.4
577.8
406.5
370.8
298.5
13.0
59.3
35.7
57.1
41.1
16.0
18.5
595.7
419.6
380.0
305.9
13.6
60.4
39.6
58.4
41.4
17.0
18.7
604.1
427.9
387.4
311.5
14.1
61.8
40.5
57.9
41.6
16.3
18. 8
58.9
66.6
74.2
61.4
65.3
66.5
67.8
66.8
73.2
72.7
74.0
76.9
80.0
79.9
7.8
51.2
28.8
13.0
15.8
8.4
58.2
32.4
14.5
17.9
8.9
65.3
37.8
15.7
22.1
7.9
53.5
30.2
13.4
16.8
8.0
57.3
32.1
14.1
18.1
8.5
58.1
32.4
14.6
17.7
8.4
59.3
33.0
14.6
18.4
8.6
58.1
32.2
14.7
17.5
8.5
64.6
37.4
15.5
21.9
8.7
64.0
36.7
15.5
21.2
8.9
65.0
37.4
15.5
21.9
9.5
67.5
39.6
16.4
23.2
9.4
70.6
41.9
17.2
24.7
9.8
70.0
40.6
17.2
23.4
9.5
12.9
59.4
26.3
33.1
16.5
16.6
-.5
13.8
10.4
15.4
67.0
28.4
38.7
17.3
21.3
-.4
15.5
11.1
16.4
75.7
31.2
44.5
19.2
25.3
-1.5
17.8
9.8
13.5
62.7
27.8
34.9
16.8
18.1
-1.3
14.7
10.1
15.0
65.8
27.9
38.0
17.1
20.9
-.5
14.7
10.2
15.5
66.8
28.3
38.5
17.3
21.3
-.3
15.1
10.6
15.7
67.8
28.7
39.1
17.4
21.7
.0
15.7
10.5
15.5
67.7
28.6
39.0
17.7
21.4
-.9
16.3
10.7
16.5
74.5
30.7
43.8
18.1
25.7
-1.3
16.9
10.9
16.4
74.5
30.7
43.8
18.8
25.0
-1.8
17.5
11.2
16.4
75.0
30.9
44.1
19.5
24.6
-1.0
18.1
11.5
16.4
78.7
32.4
46.3
20.2
26.1
-1.8
18.7
11.3
17.4
82.7
34.1
48.7
20.9
27.8
—2.8
19.1
12.0
17.4
82.8
34.1
48.7
21.1
27.6
-2.9
19.6
—3. 2
20.2
492.0
56.9
435.1
408.5
26.6
500.3
59.1
441.2
418.4
22.8
507.5
60.9
446.6
420.0
26.6
518.0
64.9
453.2
430.3
22.8
527.6
66.6
461.0
438.6
22.4
541. 9
65.7
476.2
447.1
29.0
552.8
66.7
486.1
457.6
28.5
564.6
69.5
495.1
468.4
26.7
573.5
73.6
499.9
473.3
26.6
585.0
77.7
507.3
483.5
23.8
11.11
4.53
2.30
2.23
.29
.36
.63
1.58
1.10
2.61
11.54
4.67
2.37
2.30
.30
.37
.59
1.71
1.06
2.84
12.84
5.59
2.83
2.76
.33
.35
.64
1.76
1.17
3.01
10.79
4.54
2.25
2.28
.29
.39
.58
1.32
1.08
2.59
12.81
5.47
2.76
2.70
.33
.44
.77
1.71
1.24
2.85
13.41
5.73
2.91
2.82
.32
.44
.72
1.88
1.22
3. 10
14.95
6.72
3.48
3.24
.35
.46
.73
2.04
1.41
3.25
12.77
5.61
2.87
2.74
.33
.40
.75
1.60
1.26
2.83
15.29 115.64 2 17. 16
6.84
7.84
6.78
3.54
4.04
3.51
3.30
3.80
3.27
.36
.37
.40
.47
.54
.55
.97
.90
1.00
2.22
2.25
2.09
1.42
3.06 34.84 35.19
43.50
17.80
9.00
8.80
1.15
1.25
2.25
6.30
4.30
10.45
45.65
18.85
9.60
9.20
1.20
1.50
2.40
6.30
4.40
11.00
47. 75
20.15
10.15
10.00
1.30
1.55
2.60
6.35
4.40
11.40
49.00
20.75
10.40
10.40
1.25
1.75
2.55
6.80
4.55
11.30
50.35
21.55
10.80
10.70
1.30
1.55
2.70
6.85
4.80
11.60
52.75
23.00
11.75
11.25
1.25
1.70
3.00
6.75
5.05
11.95
55.35
24.15
12.45
11.70
1.35
1.95
3.00
7.30
5.30
12.25
58.00
25.60
13.15
12.45
1.40
1.75
3.30
8.25
5.35
12.35
60.10 i 61. 60 2 63. 55
27.55
28.15
26.80
14.35
14.40
13.85
13.20
13.70
12.95
1.40
1.55
1.45
1.85
2.00
2.30
3.50
3.70
3.95
8.30
8.05
8.10
5.50
12.45 s 19. 66 3 19. 65
Corporate profits tax liability
do
Corporate profits after tax
do
Dividends
do
Undistributed profits _ . _ _
do ___
Inventory valuation adjustment _ _ _ _ _do
Net interest
do
DISPOSITION OF PERSONAL INCOMEf
Quarterly Data Seasonally Adjusted at Annual Rates
Personal income, total
_
_ _ bil. $
496.0 535.1 475.8 484.0
465.5
60.7
66.0
59.4
61.7
60.9
Less: Personal tax and nontax payments
do_ _
414.1
423.4
469.1
436.6
Equals" Disposable personal income
do
404.6
443.4
401.4
391.6
412.1
Less: Personal outlays©
do
384.7
22.0
22.5
25.7
Equals: Personal saving§
do
19.9
24.5
NEW PLANT AND EQUIPMENT
EXPENDITURES
Unadjusted quarterly or annual totals:
9.40
11.09
44.90 51.96
39.22
All industries
bil $
3.79
4.56
22.45
Manufacturing
do
15.69
18.58
1.93
2.31
9.43
11.40
7.85
Durable goods industries _ __
do
2.25
1.87
11.05
7.84
9.16
Nondurable goods industries
do
.26
.28
1.30
Mining
_ __ _
do
1.04
1.19
.32
.33
1.41
1.73
1.10
Railroad
_ __
_ do
.54
.51
2.81
1.92
Transportation, other than rail
do
2.38
6.22
6.94
1.61
1.18
5.65
Public utilities _ ....
do
1.06
.97
C ommunication
do
4.94
3.79
4.30
2.72
2.37
10.03
10.83 11.79
Commercial and other
do
Seas. adj. qtrly. totals at annual rates:
42.55
41.20
All industries
do
17.40
16.45
Manufacturing
do
8.85
8.30
Durable goods industries
do
8.15
8.55
Nondurable goods industries
do
1.05
1.15
Mining
do
1.40
1.35
Railroad __ _
do
2.10
2.30
Transportation, other than rail
do
5.95
5.80
Public utilities
do
4.05
4.05
Communication
do
10.25
10.45
Commercial and other
do
U.S. BALANCE OF INTERNATIONAL
PAYMENTSc?
Quarterly Data Are Seasonally Adjusted
(Credits +; debits — )
Exports of goods and services (excl. transfers under
9,112
32, 339
military grants)
mil $
36, 958 38, 993 8,564
6,156
5,949
22, 071
Merchandise, adjusted, excl. military
_do
25, 297 26, 276
198
145
844
Military sales
do
657
747
4,654
Income on U S investments abroad
do
5,392 5,901 1,183 1,402
1,356
1,287
Other services
do
4,957
5,522 5,972
-26,442 -28,468 -32, 036 -6, 784 -6, 850
Imports of goods and services
do
-16,992 -18,621 -21, 488 -4, 372 -4, 389
Merchandise, adjusted, excl. military_do
-740
-719
Military expenditures
do
-2, 936 -2,834 -2,881
-339
-352
-1,271 -1,404 -1,646
Income on foreign investments in the U.S__do
Other services
do
-5,243
5,609 -6, 021 -1,341 -1,382
Unilateral transfers, net (excl. military grants);
-683
-702
-2,784 -2,765 -2,794
transfers to foreigners ( — )
mil $
Transactions in U.S. private assets, net; increase
-4,456 -6, 523 -3, 690 -1,106 -1,360
(— )
mil $
Transactions in U.S. Govt. assets, excl. official
-291
-486
-1,664 -1,674 -1,575
reserve assets; increase (—)
mil $
Transactions in U.S. official reserve assets, net;
-51
1,222
-5
378
171
increase ( — )
mil $
Transactions in foreign assets in the U.S., net (U.S.
419
358
309
2,981
3,312
liabilities); increase (-f-)
mil $
299
143
133
2,292
2,627
Liquid assets
do
120
215
176
689
685
Other assets
do
-296
-429
161
-352
-1,011
Unrecorded transactions
do
Balance on liquidity basis—increase in U.S. official
reserve assets and decrease in liquid liabilities to
-248
-138
-2,670 -2, 798 -1,337
all foreigners" decrease ( )
mil $
Balance on official reserve transactions basis—increase in U.S. official reserve assets and decrease in
liquid and certain nonliquid liabilities to foreign
-144
-92
-2, 044 -1,546 -1,305
official agencies; decrease ( — )
mil $
r
Revised.
p Preliminary.
1
Estimates for July-Sept. 1966 based on anticipat 3d capital expenditiires of biisiness.
2
Estimates for Oct.-Dec. 1966 based on anticipat ed capita expendit ures of Imsiness.
Anticipated expenditures for the year 1966 are as foliows (in bil. $): All in iustries, 60.86; ma nufacturing, total, 27.08; durable goods industries, 13 96; nondiarable go()ds indu stries, 1J .11;
mining, 1.46; railroad, 1.96; transportation,
3.62; puljlic utiliti es, 8.16; c Dmmerci al and o her
3
(incl. communication), 18.60.
Includes commun cation.
9,537 8,776 10, 136 10, 016 10, 065 10, 456
9,001 9,308
7,121
6,798
6,826
7,027
6,092 6,389 6,660 5,625
198
229
199
216
201
200
162
186
1,541
1,616
1,470
1,254
1,253
1,561
1,368
1,369
1,596
1,493
1,521
1,568
1,423
1,390
1,389
1,354
-7, 032 -7, 196 -7, 390 -7,164 -8, 087 -8, 245 -8,540 -8, 922
-4, 579 -4, 752 -4, 901 -4, 656 -5,481 -5, 595 -5, 756 -6, 003
-854
-701
-771
-683
-664
-745
-686
-725
-436
-404
-411
-372
-373
-458
-349
-344
-1,384 -1,409 -1,434 -1,471 -1,501 -1,494 -1,555 — 1,629
pi, 596
pi, 600
p-9,238
p-6,258
p-913
p-436
p-1,631
-662
-768
-719
-645
-852
p-733
-346
-827
-912
-908
p 1,104
-469
-268
-471
-332
p-471
-350
-694
-415
303
70
332
249
83
-152
719
547
172
-203
-552
-617
-671
-618
-367
842
68
41
271
424
p 68
1,842
1,532
310
-360
180
-145
325
0
-425
-294
-131
-109
242
493
-251
-240
312
61
251
-80
402
132
270
-268
p 979
p 89
p 890
p -66
-1,381
-697
226
-556
p-157
-151
-534
-332
21.1
plO, 565
p7, 111
-1,385 -1,589 -2, 189 -1,605
-717
438.1
396.6
317.8
15.0
63.7
41.5
57.3
41.9
15.4
18.9
239
232 -1,158
-845
-618
-326
-231
-246 p-186
fSe(} correspcmding n 3te on p. S-l.
9lricludes iiiventory valuation adjust ment.
0P ersonal c utlays comprise personal consum ption ex penditur es, intere st paid by consumei•s, and p srsonal ti-ansfer p.lyments to foreigilers.
§Pe rsonal sa ving is e)fcess of d isposable income over pen onal out lays.
dW :ore com plete det ails are g iven in t he quart erly revi BWS in tl" e Mar., Tune, Sept., and
Dec. i ssues of the SURV EY.
SURVEY OF CURRENT BUSINESS
October 1966
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1964
| 1965 *
Annual
S-3
1966
1965
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept. v
GENERAL BUSINESS INDICATORS—Monthly Series
PERSONAL INCOME, BY SOURCEf
Seasonally adjusted, at annual rates :f
Total personal income
496 0
535. 1
537.8
1541.8
552.5
547. 2
553.2
558 2
560 2
564. 7
569.0
570.5
573 0
577 2
580 0
r
585 4
589 5
333.6
134,0
iQ7 2
81 2
358.4
144.3
115.5
86.7
360.6
145.0
116.3
87.1
363.5
145.2
116.5
87.6
366.9
146.9
117 9
88.4
371.4
149.2
119.6
89.2
374.1
150.7
120 3
89 7
376.8
152.1
121 8
90.1
380.1
153.9
123. 3
90. 9
382.9
155.4
124.0
91.4
384.7
156.0
125 2
91.5
387.0
156.8
125 9
91 9
390.5
158.1
127 0
92 8
393.7
158. 2
127 1
93 6
' 397. 0
' 159. 8
93 9
399 1
160.4
129 4
94 3
do
do
do __
54.1
64.3
16.6
58.1
69.2
18.5
59.1
69.5
18.8
59.8
70.9
19.0
60 0
71 6
19.2
60.6
72.4
19.4
60 9
72 9
19.6
61.1
73.6
19.8
61 2
74.1
20.0
61.7
74.5
20.2
62 0
75.2
20.4
62 5
75 9
20.6
63 0
76.6
20.7
64 0
78.0
20.9
64 5
'78 8
21.1
64 9
79 5
21 2
do
do __
39.9
12.0
40.7
15.1
40.6
15.9
40.7
15.9
40.8
15.8
41.1
16.0
41 3
16.2
41.3
16.8
41.3
17.0
41.5
17.3
41.5
16.7
41 6
16.3
41.7
15.9
41 8
15.5
41.9
' 15.4
42 0
15 4
17.7
17.3
34 6
36 8
18.3
19.2
38.4
39.7
18.4
19.5
38.9
38.3
18.5
19.8
39.2
149.2
18 5
20.0
39 4
39 8
18.6
20.2
39.7
40.3
18 6
20.5
40 0
41 4
18 6
20.8
40 5
42 3
18.7
21.0
41.0
42.6
18.7
20.9
41 4
42.9
18.7
21.0
41 8
42 6
18
21
42
42
18 8
21.1
42 3
43 2
18 9
21.1
42 6
43 5
18 9
21.0
'43 1
'45 1
19
21
43
46
13.2
13.2
13.3
13.5
13.6
16.8
16.9
16.9
17.0
17.1
17.2
517.6 i 532. 3
526.9
532.6
537. 2
538.8
543.0
547.0
549.1
551.9
556.5
559.8
' 565. 4
P 3, 010 P 3, 143 P 2, 883 p2 800 P 3, 150
bil. $
Wage and salary disbursements, total
do
Commodity-producing industries, totaLdo
Manufacturing
do
Distributive industries
do
Service industries
Government _
Other labor income.Proprietors' income:
Business and professional
Farm
_
__ __ __
.
Rental income of persons
__do
Dividends
_
_ _ _-__do._
Personal interest income
do
Transfer payments
do
Less personal contributions for social insurance
bil.$__
Total nonagricultural income
8
2
1
5
r 128 9
r
12.5
13.2
479.7
515.6
39, 115
41, 639
3,840
4,504
5,343
4,578
3 836
p 3, 695
P3,408
p 4 460
36, 946
17, 136
19, 810
5 022
11,126
3,333
39, 187
17,334
21, 853
5,070
12, 943
3,527
3,200
1,292
1,908
401
1, 174
318
3,886
1, 897
1,989
401
1,241
332
5 003
2,924
2,079
420
1,296
349
4,494
2,428
2,066
414
1,293
346
3 782
1 775
2 007
443
1 203
338
3 629
1 698
1,931
428
1,172
295
2,843
959
1,884
408
1,150
288
2,969
810
2,159
463
1,329
331
2 764
765
1,999
460
1 189
308
2 760
747
2 013
486
1 186
299
3,120
1, 129
1,991
469
1,177
315
3 279
1 408
1,871
464
1 066
323
3 515
1 334
2 181
464
1 346
354
115
124
107
122
126
118
119
113
124
145
165
129
186
255
135
167
212
134
141
155
130
P 135
148
125
P 106
84
122
p 110
71
140
P 103
67
130
P 103
65
131
P116
98
129
p 122
123
121
p 131
116
142
118
118
118
119
120
118
116
111
120
140
161
125
184
254
131
167
219
128
134
157
118
P 128
152
110
p 93
80
104
P 94
61
119
p87
48
115
p90
50
119
P 107
89
115
p 111
111
112
P 116
104
125
132.3
143. 3
143. 2
145.9
149.9
148.1
146.6
133.1
133 5
132 6
111.3
151.3
144.9
148.4
140.7
114.4
161.0
143.9
143.3
144.7
118.2
147.5
148.3
146.5
114.2
152.3
154. 6
149.4
118.4
150.5
154.5
145.5
117.2
do___
do
do
do
do
131.8
131 7
142.8
128 1
132.0
142.4
140.2
159.9
134.0
146.9
141.1
138.9
129.6
141.8
145.9
145. 7
143.8
148.4
142.3
149.7
151.4
150.1
174.9
142.2
154.2
do
do
do
132 8
131.2
134 3
144.1
144.2
144.0
145.1
144.5
145.7
146.2
146.6
145.8
do
132.3
143.3
144.5
do
133 1
144.9
146.0
133.5
129. 1
126 5
138. 3
132.7
130 3
148.4
137. 5
133.6
152.1
147.8
145.4
141.4
142 1
140. 6
130.7
150.1
112.4
136.4
126.0
112 6
143.4
133. 4
do
17.9 . ' 18. 1
0
2
7
0
18.1
569. 4
FARM INCOME AND MARKETINGS*
Cash receipts from farming, including Government
payments (48 States), total t
mil. $
Farm marketings and CCC loans, total
do
Crops
--do
Livestock and products, total 9
___do
Dairy products
do
Meat animals __
_ _
_._ __do
Poultry and eggs___ _ _
... - do
Indexes of cash receipts from marketings and CCC
loans, unadjusted :t
All commodities
1957-59=100..
Crops
do
Livestock and products
do
Indexes of volume of farm marketings, unadjusted: t
All commodities
1957-59=100..
Crops
do
Livestock md products
do
INDUSTRIAL PRODUCTION
Federal Reserve Index of Quantity Output
Unadj., total index (incl. utilities). ... 1957-59 =100__
By industry groupings:
Manufacturing, totals
do
Durable manufactures
.
do
Nondurable manufactures .
do
Mining
_
__
do
Utilities
do _.
By market groupings:
Final products, total _ _
______
Consumer goods
_
Automotive and home goods
Apparel and staples
Equipment, including defense
Materials
_
Durable goods materials
Nondurable materials
Seas, adj., total index (incl. utilities)
By industry groupings:
Manufacturing, total
Durable manufactures 9
do
Primary metals _
_ __
do
Iron and steel
do
Nonferrous metals and products . _do
Fabricated metal products _ „
do _ _ _ Structural metal parts
do
Machinery
_ _
Nonelectrical machinery
Electrical machinery.
Transportation equipment 9 - - Motor vehicles and parts
Aircraft and other equipment
do
do
do
do
do
do
Instruments and related products. . do
Clay, glass, and stone products
do
Lumber and products
do
Furniture and fixtures _ _
do
Miscellaneous manufactures..
_do. _ - _
148.3
152.0
154.6
154.6
155.9 /1 59. 3
148 3
155 4
1393
117 4
149.9
156.3
141.9
115.6
154.1
160.2
146. 5
116. 9
157.1
163.9
148.5
118.7
157.8
164 9
148 9
115.6
162.3 r 152. 1
158.8
166 1 r 169. 0 r 158. 3
153. 8 ' 144. 2
149 8
122.7 '118.2
121 3
148.7
145.2
173.4
136.2
156. 1
146
140
168
130
160
4
0
7
9
3
148.5
142. 2
167.4
134.1
162.1
151.6
145.6
170.7
137.6
164.6
153.2
146.4
172.5
138.1
167.8
152.3
145.0
172.8
136 2
167.9
152 9 '157.9
144 8 r 150. 1
172. 4
169 5
143.0
136 9
170 3 ' 174. 6
148.6
147.6
149. 7
147.6
145.4
149. 9
146 8
145 9
147 7
148.1
147.4
148.7
152.4
151.7
153. 1
155. 7
155.8
155.6
156.7
158.5
154 9
158 7
160 0
157 4
143.5
145. 1
146.4
148 7
150.2
151.9
153.4
153.8
155.2
156.5
' 157. 2
145.2
146.7
148.2
150 6
152.4
154.1
155. 6
156 5
157 6
158.9
' 159. 3 ' 160 4 160 4
150. 5
146.5
143.3
149.0
147.5
145.0
148. 2
131.2
125.0
152.3
147.0
144.7
150. 3
123.7
115.8
155.0
150.9
148.2
151.3
119.4
110.5
158.8
153. 6
152. 6
155.0
126 5
118 2
16° 1
156.3
154 0
157.6
130.8
122.9
159.1
157.0
154.2
159. 7
133.6
128.7
164.0
160.7
158.9
161.7
141.4
136.1
168.4
161.4
158.9
162. 8
142.3
137 0
166.9
161.4
159.1
164.? r 165.5
147. 6
146 5
141.9
141 1
165. 0 ' 164. 8
162.3 * 162. 3
158.8
158 4
'166.0
149.5
144. 6
' 161. 8
' 161. 8
' 157. 7
167.2
' 148. 7
142. 4
161.4
161.7
' 159. 3
168.1
147
139
160.4
160.3
160.6
149.2
175.2
125. 3
161.4
162.4
160.1
151.5
177.5
127.3
162.3
162.4
162. 1
149.4
175.2
125. 6
166.0
165.8
166.2
155. 0
177.1
134.4
167.5
166.9
168.4
157. 3
178.0
138.0
170.7
169 2
172.8
160.7
179.2
143.4
174. 3
171. 9
177.6
163.1
176.7
150.1
176.7
174.4
179.8
163.2
175. 5
151.6
176.0
174.0
178.8
165.8
178.1
154.3
178.4
174.5
183.6
166.0
176.8
156.4
180.6 ' 183. 0
177 7 '180.3
186.5
184.5
167.1
165.8
169.4
169.9
164.7
161. 9
' 185. 9
' 184. 7
' 187. 6
' 166. 0
'161.2
' 169. 6
' 189. 9
' 187. 6
' 192. 8
' 166. 5
' 158. 5
172.9
192
190
194
169
166
172
151.4
133.5
117.4
157.4
146.0
152.6
133.5
117.2
156.3
146.6
155.7
133.8
116 2
156.8
147.1
158.0
134.4
118.3
159.7
150.4
159.0
135.5
119.1
162.6
153. 0
162. 2
137. 6
125 4
164.3
155.5
166.0
139.4
125.6
165. 4
151.2
169.4
141.4
126.5
166.8
155.3
171.9
143.0
129.3
168.8
156.8
174.6
142.0
130 7
169.6
156.4
176.5
176.4
140.3 ' 141.0
122.9
122 7
174.6
173.8
159.3
159.5
' 177. 0
'138.5
' 119. 9
' 169. 7
'157.2
r 176. 7
179
140
140.4
142.1
141.3
Nondurable manufactures
do
132.6
140.7
137.7
134.8
135.7
122 9
Textile mill products
do
134 8
145. 7
141
9
143
8
134
1
\pparel products
do
145 0
109.3
107 0
108 2
Leather and products
do
102 6
107 8
143.6
141.1
143.9
Paoer and nroducts
do
133.4
142.3
' Revised.
p Preliminary.
i Italicized total excludes and other footnoted figures include retroactive lump-sum payment of social security benefits; disbursements of $885 million put on annual rate basis
amounted to $10.6 billion.
f See corresponding note on p. S-l.
I Revised series. Dollar
150. 9 '157.2
' 150. 0
' 139. 8
'142.2
139.0
' 172. 0
161.5
' 158. 4
'160 9
'155 4
' 123. 4
163.7
169 8
156 0
123 2
'155.4
'146 3
' 132. 0
162.1
154 1
166
' 175. 1
179 3
' 160. 7 '151.7 ' 158 8 161 0
162.3 ' 152. 1 ' 158. 3 163
' 159.0 '151.3 '159 2
159
r
158.3
140.3
110.9
174.7
r 157. 3
158.2
161
158
173
156
144.2
146.0
147.9
150.8
148.5
150. 6 '151.0 '152.0
145.1
147.0
149.3
140.7
139.4
140.3
140.1
140.7
141.7
143.4 ' 144. 0 ' 143. 5 142. 7
149. 8
147 2
147.3
146. 9
148.3
148 5
149 7
149 9 r'152.0
111.4
110. 1
114. 2 111.1
113 9
111.7
114.7
110.1
112 1
154.4
148.4
150.2
148.5
154.1 ' 156. 2
147.4
150.2
147.7
153.0
figures and indexes of cash receipts and volume of marketings revised beginning 1963; data
prior to May 1965 appear in the Dept. of Agriculture publication, Farm Income Situation,
July 1966.
9 Includes data for items not shown separately.
SURVEY OF CURRENT BUSINESS
S-4
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1964
1965 P
October 1966
1966
1965
Annual
Oct.
Sept.
Aug.
Nov.
Jan.
Dec.
Feb.
Mar.
Apr.
May
June
Aug.
July
Sept.p
GENERAL BUSINESS INDICATORS—Continued
INDUSTRIAL PRODUCTION— Continued
Federal Reserve Index of Quantity Output— Con.
Seasonally adjusted indexes— Continued
By industry groupings— Continued
Nondurable manufactures— Continued
Printing and publishing
1957-59 =100__
Newspapers
do
Chemicals and products
do
Industrial chemicals
do
Petroleum products
do
Rubber and plastics products
do
123. 3
117 0
159 6
178
4
191 0
130.3
124 2
173 3
196 1
123 4
133.0
129 7
174 2
195 7
125 8
129.3
120 1
176 6
199 9
125 1
131.1
125 1
177 1
200 9
124 0
133.2
127 2
178 5
202 9
126' 1
156 3
172 2
168 1
171 °
175 5
181 6
181 3
122 i
131 8
114 5
123 5
133 0
118 9
123 g
134 3
117 1
1 90 8
180 6
06 3
197 8
9
135.7
130 2
181 9
206 3
130 5
138.2
130 4
184.3
209 4
125 5
139.0
130. 7
186.2
212 2
125.6
138.4
127.7
188. 1
214.9
127.7
142.1
133. 8
190.9
218.5
127. 4
184 6
126 0
124.6
133 2
119 6
183 3
127 0
125. 5
135 1
126 7
185. 7
127 7
125.7
138.3
126.8
188.2
127 5
126.0
135. 6
115.8
126 2
124.4
135.9
117.9
117.2
114. 4
113.4
114.1
133.4
135 5
117.7
111.2
115.0
115. 1
130.8
135 6
120.2
117.7
116.7
117.0
134.5
137 1
115.8
85.3
117.2
117.2
140.0
130 9
120.8
116. 9
119.2
121.3
133.6
127 5
120 1
124
4
190 8
122 4
128 4
120 5
121 9
125 0
120 7
111.3
107.1
110.4
109.9
117.4
118 7
114 4
111 8
112.3
111 8
122 6
117.0
115 2
114.2
113 4
130 2
-190 i
112 6
106 7
110. 6
108 5
129 4
116.0
115 7
113.8
114.5
114 2
117 9
118 5
114.5
116 0
*
115 8
116 8
114.0
114 0
116 5
do
do
do
151.3
153 9
143 4
161 0
165 5
147 0
161 6
166 2
147 2
165 3
170 9
147 7
165 8
171 3
148 5
165 3
170 5
148 9
165 7
170 9
149 3
164.9
169.7
168.9
174.7
168.8
174. 2
168.6
173. 6
170. 1
175.5
do
do
do
131.8
131.7
142.8
142 4
140.2
159.9
142 3
139 5
158.1
143 3
140 7
158. 5
145 7
141 7
161.7
147.4
142.8
163.0
148 8
144 1
166.7
149. 5
144.1
166.9
151.4
145.5
166. 8
152.4
146.0
167.6
152.8
146. 2
168.4
153.7
146.1
165.9
__ do_
do
145.1
150. 6
138 0
141.1
137 1
142 4
167.1
182 6
169.8
184 3
166 5
178 1
168 6
181 1
169 4
189 4
153 0
156 9
154 0
168.8
182.5
150 8
159 0
155 2
167.6
177.8
154 3
166. 2
162 7
164 0
171.6
183.8
155 5
164.1
155. 7
165 5
168.8
180.6
153 3
168.2
167 5
166 3
160.7
166.0
153 6
169. 5
166 2
169 1
do
do
do
____
do
do
__do____
do
do
_
Utilities
Electric
Gas
By market groupings :
Final products, total.
_ _
Consumer goods. _ _
_ _ _ _ _ _
Automotive and home goods
Automotive products.
Autos
-|9Q 5
191 8
131 0
1°0 6
Food manufactures
Beverages
Tobacco products
Mining.
...
Coal
Crude oil and natural gas
Crude oil
_ _ __ _
Metal mining
1 99 A.
134.2
Home goods 9
Appliances TV and radios
do
do
Apparel and staples
Apparel, incl knit goods and shoes
Consumer staples
Processed foods
1 d(\ S
-i en 7
154 7
152 4
149 8
145 2
-( K f )
m
m
1 4Q 1
171.6
177.2
r
179.0
155.2
147.1
166. 2
r
156.9
155. 4
' 146. 5 *• 147. 3
r 161. 8 ' 159. 4
136 4
136 5
136.4
123.1
136.8
136.4
136.9
123.7
138.7
138.0
138.9
124.6
139.3
138.9
139. 4
125.2
139.1
140.3
138.7
125.1
139 4
139 1
139.5
123 9
126 0
159 2
2
2
6
2
1289 5
16 7
129 6
153 9
128.6
164.0
132 0
151.9
132.3
166 0
134 0
155.8
134.4
165.9
136.5
154.6
128.9
167.3
135 7
154. 1
129 8
171 6
137 6
156 0
131.1
173. 0
139 0
157.4
r 172. 5
135 0
134 0
135 3
121 6
do
do
do
do
123.
146
123
142
125
157
127
149
7
0
1
8
123 6
160 1
128 0
150 6
127 5
161 3
1 9fi 1
i f)a q
154 2
156 0
128
161
127
155
do
do
do
do
do
do
132.0
139.1
137. 0
145 3
141.0
133 1
146.9
156 6
153 1
164 4
162 4
148 1
148.4
157 8
153 8
165 2
163 6
157 1
149 0
159 0
155 3
166 4
164 2
155 4
154.3
164 3
159 4
169 7
178 7
155 7
157.3
167.2
162. 0
172 7
180 4
165 8
158.8
168 9
162 4
174 5
188 0
163 9
161.3
170.5
162.6
177 5
194. 9
161.2
164.1
173.2
166. 1
178 6
198. 9
158 0
166.2
175.4
167.4
184.2
198.9
163.0
166.9
175.9
167.3
186 4
201.3
157.6
170.1
178 6
168 5
190 1
204 9
164 7
Materials
Durable goods materials 9 „
Consumer durable
Equipment
Construction _
do
do
do
do
do
132.8
131. 2
145.8
134. 4
124.5
144 1
144.2
166 8
151 9
133 8
146 1
147.3
167 9
154 7
134.6
143 7
142.8
165 4
154 2
134 5
144 3
142.2
167 0
158 4
135 3
145.6
143.0
168 2
160.0
137.2
148 7
146.7
168 3
163 2
138 8
150.4
150.1
170. 0
165.8
142.9
152. 0
152. 0
173.6
170.0
143.6
154.3
155.6
169. 1
171.9
146.3
154.6
156. 9
169.0
173.6
144.9
156 6
156.2
166 0
177 1
140 4
Nondurable materials 9
Business supplies
Containers
General business supplies
do
do
do
do
134. 3
127.4
127.9
127 1
144 0
136 5
136 6
136 5
144.8
135 1
132 1
136 6
144 5
135 9
134 4
136 7
146 4
136 8
136 6
136 9
148.1
140.3
144 9
138 0
150.7
143 4
146 9
141 7
150.6
143.4
142. 3
144. 0
152.0
144.5
144.6
144 4
153. 1
146. 0
145. 9
146.1
152.3
146.0
143.9
147. 1
- -do
do
do
122.6
112. 2
149 6
127.6
115.2
159 2
129.2
117.2
160 1
126.3
112 1
161 5
129. 7
117.9
160 9
129.9
117.8
161 7
131.7
119.5
163 8
130.6
117.4
164.9
131.7
118.0
166.9
134.0
120.5
168.7
84, 669
84, 744
175. 6
182.4
' 178. 5
162. 3 r 154. 6 r 146. 5
167.8
151. 5 ''141.7
152.8
155 2 T 158. 6
* 168. 9 r' 166. 9 168.5
164.2
165.5 r 165. 5
170 1
165 2
167 5
135 4
135 1
135 4
122 2
J33 6
131 9
134 1
121 6
128 2
125. 8
128 5
' 126. 4
139. 5
116.5
121.4
134.2
133 3
n
0
3
9
2
Business fuel and power 9
Mineral fuels __
Nonresidential utilities
121.7
m
134
134
133
122
Equipment, including defense 9_ __
Business equipment
Industrial equipment
Commercial equipment
Freight and passenger equipment
Farm equipment
' 122. 0 r 122. 2
120.8 ' 120. 7
' 119. 2 119.5
120.9 r 120. 7
' 134. 0 134.7
r
133.5
133 7
137 o
138 5
136 5
123 1
164 8
161 3
128 1
124 2
129. 3
119.9
2
9
7
3
122.0
120.7
1 <V7 4
q
1 ^9 4
do
do
do
do
Beverages and tobacco
Drugs soap and toiletries
Newspapers magazines books
Consumer fuel and lighting
r
r 119. 3
r
143
127 1
125.5
135. 4
122.7
168.5
180.3
153 1
165.7
165 0
163 3
-i C9 o
9
]9Q 6
-i qo o
144.1 r 144. 8 r 145. 5
137.7
135.4
136.3
' 192. 2 ' 193. 8 195.2
r 220. 1
222.0
128.3
127.7 '•126.9
141.7
139.1
142. 4 ' 144. 0
' 126. 0 126.8
141.0
r 141. 7
r
140.8
125.2
r
r
131. 8
174. 5
139. 6
161.4
158. 0
' 158. 6
165.2
179.1
142. 3
' 158. 8
" 159. 1
' 162. 8
r 183. 7
* 140. 4
120
121
157.2
147. 3
160
151
149
144
177.8
138 4
r 174. 4 ' 177. 5
' 181. 2 r 182. 7 r 185. 7
177.2
173.0 r' 174. 9
194 5
189 8
191 0
205.7 * 208. 8 210.6
168.2
167.5
r
115
r
159. 6
160.1
174. 6
187.5
139.9
178. 6
187
159.4
160
' 159. 2
150.7
144. 2
153 9
159
r 138. 6
124.7
174 2
138.8
124.5
139
124
156 4
147 8
146 1
148 6
157.5
149.4
143.7
152 2
'r 143. 2
153 2
130.9
115.1
170 3
136.8
123 8
170 8
137.9
124.9
171 7
86, 991
85, 455
85 426
r 158. 5
r
149. 9
BUSINESS SALES AND INVENTORIES §
r
r
86 715
87, 088
Manufacturing, total
Durable goods industries
Nondurable goods industries
do
do
do
1 445, 552 i 483, 343
230 775 252 242
214,777 231 101
40, 518
21, 191
19, 327
40, 173
20 994
19 249
40 548
21 146
19 402
41, 403
21 606
19 797
42, 622
22, 316
20, 306
42, 665
22, 307
20,358
42, 702
22, 433
20, 269
44, 121
23, 238
20, 883
43, 540
22, 708
20, 832
44 071
22' 915
21 156
44, 125
22 898 '23 031
21 227 '21 296
44, 076
22,817
21, 259
Retail trade, total*
___
Durable goods stores
Nondurable goods stores
do
do
do
1 261, 630 1 283, 950
84,173
93,718
177 457 190 232
23, 585
7,755
15 830
23 753
7 768
15 985
9
24, 647
8 092
16 555
24,816
8,252
16, 564
25, 023
8, 324
16, 699
25, 263
8,399
16, 864
25, 536
8,649
16, 887
24,949
7,939
17,010
24 475
7 506
16 969
25, 394
8 056
17 338
16, 981
7,563
9,418
16, 779
7,538
9,241
17, 334
7,887
9,447
16,966
7,718
9,248
438 '17 026 17, 355
16 880 '17
T
7,777
7, 637 »• 7, 644
7 601
9 800 r 9 382 9 578
9 279
120,938 122, 047
123,085 124, 091
195 518 126 854 ri27 881 128 951
68, 594
42, 589
26,005
34, 113
14, 949
19, 164
18, 231
10, 571
7,660
69, 648
43, 273
26, 375
34, 556
15, 201
19, 355
18,881
10, 995
7,886
Mfg and trade sales (seas adj ) totalft
_ . ._
Merchant wholesalers, totalj
Durable goods establishments
Nondurable goods establishments
mil $
4 194
7 865
16 399
do
do
do
Mfg. and trade inventories, book value, end of year
or month (seas adj ), total!
mil $
Manufacturing, total
Durable goods industries
Nondurable goods industries
Retail trade, totalf
Durable goods stores
Nondurable goods stores
Merchant wholesalers, total J
Durable goods establishments
Nondurable goods establishments.
r
do
do
do
do
do
do
do
do
do. ._
62, 944
38 412
24, 532
31,130
13, 136
17, 994
68, 015
42 324
25 691
33, 957
14, 782
19, 175
65, 788
40, 814
24, 974
33, 360
14, 819
18, 541
66 267
41 300
24 967
33 045
14, 621
18, 424
66 642
41 523
25 119
33 296
14 782
18,514
Revised.
v Preliminary.
i Based on unadjusted data.
9 Includes data for items not shown separately.
§The term "business" here includes only manufacturing and trade; business inventories
as shown on p. S-l cover data for all types of producers, both farm and nonfarm. Unadjusted data for manufacturing are shown on p. S-5; those for retail trade on p. S-ll.
67, 192
41 869
25, 323
33, 533
14, 774
18, 759
68, 015
42, 324
25, 691
33, 957
14, 782
19, 175
69, 040
42, 884
26, 156
34, 427
15, 113
19,314
18,580
10, 809
7,771
70,346
43,779
26, 567
34, 737
15,336
19, 401
19, 008
11,209
7,800
71 103
44 275
96 828
35 966
15 813
19 453
19 149
11 239
7^910
86 957
r
25, 362
r
8, 106
!7 256
r
71 949 r'72 958
45 003 45 790
26 946 '27 168
35 595 35 479
15 927 15 742
19 668 19 737
19 310 rr!9 444
11 318 ll 349
7! 992 ' 8.' 095
25, 657
8,327
17 330
74, 100
46 772
27 328
35 263
15 390
19, 873
19 588
11 470
8.118
fSee corresponding note on p. S-ll.
JRevised series. The panel of reporters in the Census Bureau wholesale sample has been
updated to reflect information from the 1963 Census of Wholesale Trade; comparable data
prior to Jan. 1966 are not presently available.
SURVEY OF CUERENT BUSINESS
October 1966
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1964
1966
1965
1965
Annual
S-5
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
GENERAL BUSINESS INDICATORS—Continued
BUSINESS SALES AND INVENTORIES— Con.
Inventory-sales ratios:
Manufacturing and trade, totalfj
ratio
1.43
1.44
1. 41
1.45
1.47
1.46
1.47
1.48
Manufacturing, total
Durable goods industries
Materials and supplies.
Work in process
_ _.
Finished goods
do
do
do
do
do
1.64
1.91
.57
.79
.54
1.61
1.91
.59
.80
.52
1.62
1.93
.60
.82
.51
1.65
1.97
.61
.83
.53
1.64
1.96
.61
.83
.53
1.62
1.94
.60
.82
.52
1.60
1.90
.58
.81
.51
1.61
1.91
.58
.82
.51
1.62
1.91
.58
.82
.51
1.58
1.86
.56
.81
.49
1.62
1.93
.58
.84
.51
1.61
1.93
.58
,84
.5.1
1.63
1.97
.59
.86
.52
'1.65
1.99
.59
.88
.52
1.68
2.05
.61
.91
.53
Nondurable goods industries.
Materials and supplies.
Work in process
_ ___
Finished goods—
do
do
do
do
1.35
.53
.19
.62
1.29
.50
.19
.60
1.29
.50
.19
.60
1.30
.51
.19
.60
1.29
.50
.20
.59
1.28
.50
.19
.59
1.27
.49
.19
.58
1.28
.49
.19
.59
1.29
.50
.19
.60
1.26
.49
.19
.59
1.28
.49
.19
.59
1.27
.49
.19
.59
1.27
.50
.19
.58
rl.28
.49
.19
.59
1.29
.50
.19
.59
do
do
do
1.40
1.86
1.18
1.38
1.84
1.16
1.41
1.91
1.17
1.39
1.88
1.15
1.38
1.88
1.13
1.36
1. 83
1.13
1.37
1.79
1.16
1.36
1.80
1.15
1.36
1,80
1.15
1.35
1.76
1.15
1.39
1.93
1.14
1.44
2.11
1.15
1.40
1.98
1.13
'1.40
1.94
1.14
1.37
1.85
1.15
1.07
1.40
.81
1.11
1.43
.84
1.09
1.39
.83
1.12
1.45
.84
1.13
1.48
.85
1.11
1.48
.82
1.14
1.48
.86
1.13
1.47
.85
855
882
983
934
984
956
••839
882
46, 244 '40,412
42,982
24, 652 '20,599 21, 376
1,073
'990
1,114
4,066 ' 3, 507 3,788
2,003
1,881
2,104
2,332 ' 2, 006 2,268
Retail trade, total t
Durable goods stores.
Nondurable goods stores
Merchant wholesalers, totalj. . .
do _ .
Durable goods establishments.. ..
do
Nondurable goods establishments __ do
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS
Manufacturers' export sales:
Durable goods industries (unadj.), total mil. $
9,001
9,941
Shipments (not seas, adj.), total.
do
445, 552 483,343
Durable goods industries, total 9 - . —
do
230, 775 252, 242
Stone, clay, and glass products
_
do
11, 525
11, 753
Primary metals
do
38, 832
41, 910
Blast furnaces, steel mills
do
21, 236
22, 916
Fabricated metal products
do
23, 549
24, 292
805
870
856
884
1,006
39, 443
41, 198
42, 185
41, 642
40, 766
39,982
43,570
45, 218
44, 918
44, 287
19, 813
1,046
3,590
2,076
2,089
20, 778
1,046
3,266
1,675
2,122
21, 748
1,050
3,215
1,595
2,088
21, 738
993
3,266
1,612
2,101
21, 659
934
3,188
1,546
2,014
20, 751
856
3, 379
1,713
1,908
22,878
885
3, 773
1,919
2, 110
23, 996
976
3,955
2,076
2,203
23, 869
1,028
4, 074
2,178
2, 187
23, 574
1,020
3,996
2,108
2,206
36, 490
33, 593
68, 039
45, 412
8,347
2,814
2,746
4,355
2,570
675
3, 063
3,002
5,035
3,071
742
3, 048
3,063
6,057
4,178
728
2, 970
3,087
6, 223
4, 326
729
3,124
3,117
6,342
4,180
773
2,952
2,854
5,981
4,034
678
3,312
3,193
6,485
4,270
742
3,526
3,332
6,655
4,431
809
3,506
3,218
6,496
4, 280
794
3,440
3,181
6,415
4, 118
790
Nondurable goods industries, total 9 .
do
214,777 231, 101
Food and kindred products..
do
75,883
80, 678
Tobacco products- _
do
4,693
4, 864
Textile mill products_..__
do
17, 808
19, 318
Paper and allied products _
do
17, 116
19, 385
Chemicals and allied products.
do
33, 578
36, 030
Petroleum and coal products
do
18, 187
19, 178
Rubber and plastics products.,]
___do_._.~ 10, 212 11,653
19, 630
6,780
407
1,686
1,658
2,944
1,637
948
20, 420
7,215
425
1,725
1,706
3,133
1,628
983
20, 437
7,154
405
1,751
1,718
3,070
1,650
1,032
19, 904
7,018
410
1,721
1, 675
2,958
1, 613
985
19, 107
6,832
400
1,580
1,649
2,797
1, 625
995
19, 231
6,861
387
1,495
1,632
2,998
1,622
986
20,692
7,234
410
1,672
1,743
3, 145
1,668
1,061
21, 222
7,259
430
1,754
1,810
3,404
1,597
1,113
21, 049
7,177
398
1,685
1,770
3,498
1,722
1,124
40, 518
40, 173
40, 548
41, 403
42, 622
42, 665
42,702
44, 121
21, 191
926
3,708
2,105
1,968
20, 924
953
3,237
1,652
1,995
21, 146
947
3,204
1,608
1,963
21, 606
1,013
3, 335
1,681
2, 139
22, 316
1, 140
3, 470
1,730
2,166
22, 307
1,092
3,499
1,741
2,130
22,433
1,042
3,643
1,843
2,202
23, 238
1,078
3,726
1,930
2,288
Machinery, except electrical
_ _ do
Electrical machinery.
do
Transportation equipment
do
Motor vehicles and parts
do
Instruments and related products -._ .. _do
33,696
30, 207
59, 628
38, 450
7,523
Shipments (seas, adj.), total..
._
do
By industry group:
Durable goods industries, total 9
__ do
Stone, clay, and glass products. .
do
Primary metals
. __
do
Blast furnaces, steel mills
do
Fabricated metal products
do
' 3, 075
'3,065
' 4, 925
' 2, 790
'752
3,151
3,301
4,421
2, 172
813
20, 713
7,245
427
1,662
1,784
3, 365
1,685
1,094
21, 592 '19,813
7,508 ' 7, 031
'432
465
1,789 ' 1, 462
1,929 ' 1, 699
3,401 '2,980
1,748 ' 1, 709
'971
1,127
21, 606
7,386
447
1,779
1, 891
3, 176
1,736
1,047
43, 540
44, 071
44, 125
44, 327
44, 076
22, 708
995
3,803
2,006
2,148
22, 915
932
3,798
2,012
2,129
22, 898
979
3,840
2,012
2, 144
23, 031
'940
' 4, 045
2,210
' 2, 142
22, 817
950
3,920
2,032
2,136
3,641
3,396
6,610
4,277
861
Machinery, except electrical.
Electrical machinery
Transportation equipment
Motor vehicles and parts...
Instruments and related products
do
do
do
do
do
2,990
2,800
5,803
3, 932
703
3,081
2,796
5,863
3,905
694
3,127
2,906
5,973
4,037
707
3,150
2,962
5, 907
3,981
710
3,242
3,073
6,075
3,993
713
3,257
3,145
5,962
3,824
764
3,179
3,120
6,049
3,955
740
3,285
3,266
6,243
4,096
803
3,226
3,284
5,939
3,844
800
3,254
3,313
6,176
3,895
801
3,321
3,230
6,114
3,908
813
3,351
' 3, 363
3,364
' 3, 496
5, 897
' 5, 742
' 3, 405 3,542
847
'844
Nondurable goods industries, total 9
Food and kindred products
Tobacco products
Textile mill products
_
Paper and allied products
Chemicals and allied products
Petroleum and coal products.
Rubber and plastics products
do
do
do
do
do
do
do
do
19, 327
6,843
387
1,619
1,616
2,957
1,615
968
19, 249
6,821
415
1,581
1,631
2,942
1,614
951
19, 402
6,845
405
1,609
1,656
2,982
1,639
958
19, 797
7,001
394
1,673
1,691
3, 067
1,619
1,012
20,306
7,131
410
1,703
1,762
3,133
1,594
1, 064
20,358
7,157
427
1, 659
1,717
3,143
1,605
1, 055
20, 269
7,114
433
1,624
1,710
3,127
1,638
1,051
20, 883
7,257
450
1,729
1,763
3,326
1,640
1,081
20,832
7,255
411
1,670
1,740
3,260
1,756
1,079
21, 156
7,340
416
1,723
1,790
3,214
1,734
1,082
21, 227
7,334
435
1, 704
1,839
3,260
1,734
1,050
21,296 21, 259
7,449
'7,274
425
'417
1,713
'1,717
1,844
' 1, 875
3, 192
' 3, 237
1,711
' 1, 733
' 1, 080 1,070
3,700
8,554
5,001
4, 347
3,058
15, 858
3,715
8,549
5,125
4, 323
3,080
15, 381
3,735
8,615
5, 172
4,452
3,066
15, 508
3,861
8,812
5,175
4,418
3,252
15, 885
4,067
8,955
5,385
4,448
3,409
16, 358
4,005
8,979
5,484
4,298
3,427
16, 472
3,956
8, 961
5,314
4, 410
3,361
16,700
4,140
9,140
5,529
4,573
3,488
17, 251
4, 080
9,092
5,453
4,275
3,340
17, 300
4,204
9,193
5, 6*26
4,327
3,203
17, 518
4,189
9,195
5,605
4,373
3,250
17, 513
'4,227
' 9, 199
' 5, 793
'3,857
' 3, 181
18, 070
1,564
2,341
3, 878
1,567
2,422
3,980
1,618
2,402
4,035
1,770
2,530
4,188
1,698
2,604
4,272
1,711
2,577
4,192
1,817
2,637
4,376
1,785
2,638
4,301
1,754
2, 832
4,353
1,735
2,730
4,375
65, 481
40, 704
24, 777
65, 869
41, 096
24,773
66, 218
41,212
25, 006
66, 777
41, 407
25, 370
67, 620
41, 831
25, 789
68, 651
42, 463
26, 188
69,441
43,070
26,371
70, 049
43, 594
26, 455
70, 755
44, 219
26, 536
71, 668
44, 910
26, 758
72, 380
45, 444
26, 936
72, 684
45, 634
27, 050
73, 758
46, 641
27, 117
By market category:
Home goods and apparel.
do
2 41, 750 2 44, 909
Consumer staples
do """ 2 94, 397 101, 305
Equipment and defense prod., excl. auto_do__ 2 55, 185 2 60, 300
2
Automotive equipment
do
43,344 2 50, 403
2
Construction materials and supplies _. do
35, 878 2 37, 543
Other materials and supplies
do
174, 998 188, 883
Supplementary market categories:
2
Consumer durables
.
do
17, 902 2 19, 283
2
Defense products
do
25, 953 2 27, 965
2
Machinery and equipment
do
42, 331 2 47, 115
Inventories, end of year or month:
Book value (unadjusted), total—
Durable goods industries, total _.
Nondurable goods industries, total
1,674
2,385
4, 087 '
4, 141
9,349
5,699
4,018
3,162
17, 707
1,728
' 1, 803
2,838
'2,894
' 4, 553 4,513
do
do
do
62, 642
38, 001
24, 641
Book value (seasonally adjusted), total... do
By industry group:
Durable goods industries, total 9
do
Stone, clay, and glass products
do
Primary metals _ _ _ _ _
do
Blast furnaces, steel mills
__do
Fabricated metal products
do
62, 944
68, 015
65, 788
66, 267
66, 642
67, 192
68, 015
68, 594
69,040
69, 648
70, 346
71, 103
71, 949
72, 958
74, 100
38, 412
1,587
6,111
3,707
4,251
42,324
1,626
6,349
3,678
4,856
40, 814
1,618
6,142
3,576
4,685
41, 300
1,614
6,224
3,633
4,766
41,523
1,640
6, 275
3,669
4,772
41, 869
1,634
6,261
3,658
4,816
42, 324
1,626
6,349
3,678
4,856
42, 589
1,638
6,438
3,760
4,828
42,884
1,643
6,486
3,786
4,829
43, 273
1,652
6,553
3,813
4,779
43, 779
1,662
6,594
3,817
4,754
44, 275
1,688
6,700
3, 887
4,758
45, 003
1,697
6, 770
3,917
4, 782
45, 790
' 1, 692
' 6, 787
'3,911
'4,837
46, 772
1,700
6,903
3,970
4,920
Machinery, except electrical
do
8,142
7,558
8,508
Electrical machinery
do
5,388
5, 873
6,093
Transportation equipment...
do
7,908
8,600
8,930
Motor vehicles and parts__._
do
3,013
3,370
3,318
Instruments and related products __ do
1, 619
1, 788
1,696
'Revised,
i Advance estimate.
2 Based on d ita not seiisonally a djusted.
tSee corresponding note on p. S-ll.
8,298
5,907
8,707
3,430
1,711
8,364
5,947
8, 706
3,412
1,714
8, 453
5,993
8,860
3, 366
1,730
8,508
6,093
8,930
3,318
1,788
8, 521
6,177
8,984
3, 263
1,806
8,575
6,210
9,047
3,276
1,822
8,610
6,334
9,186
3,226
1,851
8,658
6,408
9,481
3,274
1,883
8,756
6,552
9,483
3,314
1,932
8,958
6,688
9,634
3,233
1,987
' 9, 097
'6,841
10, 006
' 3, 394
' 2, 023
9,324
7,020
10, 352
3,485
2,048
67, 620
41, 831
25, 789
? Includes data for items n ot showE separateJly.
JSee corr espondirig note o n p. S-4.
Sept.
SURVEY OF CUEEENT BUSINESS
S-6
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1964
| 1965
Annual
October 1966
1966
1965
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS— Continued
Inventories, end of year or month— Continued
Book value (seasonally adjusted)— Continued
By industry group— Continued
Durable goods industries— Continued
By stage of fabrication:
Materials and supplies 9
mil. $
Primary metals
do
Machinery (elec and nonelec ) do
Transportation equipment
do
Work in process 9
do
Primary metals
do
Machinery (elec. and nonelec.) - - d o
Transportation equipment
do
Finished goods 9
do
Primary metals
do
Machinery (elec. and nonelec.) _. .do
Transportation equipment
do
11, 688
2,248
3,263
2,216
15, 933
2, 024
5,763
4,695
10, 791
1,839
3,920
997
12,943
2,388
3,816
2,278
18, 109
2,130
6,699
5,465
11,272
1,831
4,086
1,187
12, 672
2,316
3,702
2,232
17, 283
2,058
6,351
5,284
10, 859
1,768
3,962
1,084
12, 812
2,302
3,747
2,317
17, 380
2,066
6,415
5,277
11, 108
1,856
4,043
1,113
12, 886
2,302
3,808
2, 348
17, 502
2, 114
6,491
5,228
11,135
1,859
4,012
1,130
12, 914
2,336
3,825
2,300
17, 763
2,097
6,577
5,408
11,192
1,828
4,044
1,152
12,943
2,388
3,816
2,278
18, 109
2,130
6,699
5,465
11,272
1,831
4,086
1,187
12,951
2,423
3,862
2,250
18, 285
2,179
6,744
5,537
11,353
1,836
4,092
1,197
13,004
2, 428
3,901
2,261
18,468
2,224
6,777
5,589
11,412
1,834
4,107
1,197
12, 988
2,445
3,963
2,188
18, 807
2,255
6,843
5,802
11,478
1,853
4,138
1,196
13, 146
2,490
4,019
2,195
19, 141
2,244
6,904
6,078
11, 492
1,860
4,143
1,208
13, 298
2,489
4,120
2,226
19, 302
2,337
6,977
6,003
11, 675
1,874
4,211
1,254
13, 507
2,486
4,266
2,221
19, 693
2,394
7,099
6,149
11, 803
1,890
4,281
1,264
'13,653
' 2, 472
'4,390
'2,227
'20,235
' 2, 438
'7,221
' 6, 522
'11,902
' 1, 877
' 4, 327
'1,257
13, 975
2,504
4,547
2,336
20, 669
2,493
7,364
6,742
12, 128
1,906
4, 433
1,274
24, 532
6,030
2,359
2,837
1,885
4,003
1,745
1,176
25,691
6,034
2,371
3,130
1,965
4,335
1,756
1,279
24, 974
6,000
2,286
3,003
1,916
4,240
1,727
1,258
24,967
5,881
2,286
3,038
1,922
4,258
1,696
1,262
25, 119
5,861
2,328
3,119
1,919
4,285
1,718
1, 273
25, 323
5,993
2,268
3,085
1,934
4,350
1,737
1,306
25, 691
6,034
2,371
3,130
1,965
4,335
1,756
1,279
26,005
6,243
2,334
3,119
1,970
4,409
1,787
1,296
26,156
6,230
2,338
3,169
1,981
4,460
1,816
1,293
26, 375
6,357
2,394
3,174
1,985
4,460
1,809
1, 295
26, 567
6,480
2,395
3,173
1, 997
4,504
1,802
1,299
26,828
6,515
2,394
3,156
2,028
4,632
1,795
1,309
26, 946 '27,168
6,503 ' 6, 534
2,366
2,383
3,248 ' 3, 297
2,068 ' 2, 131
4,664
4,741
1,776 ' 1, 804
1,323 ' 1, 345
27,328
6,381
2,350
3,362
2,164
4,823
1,831
1,362
9, 619
3,522
11,391
9,964
3,862
11,865
9,645
3,662
11,667
9,766
3,702
11, 499
9,769
3,825
11, 525
9,827
3,823
11, 673
9,964
3,862
11, 865
10,028
3,876
12, 101
10,072
3, 877
12,207
10, 153
3,893
12, 329
10, 309
3, 913
12, 345
10,439
3,991
12, 398
10, 562 '10,506
4,044 '4,062
12, 340 '12,600
10,651
4,111
12, 566
do
do
do
do
do
do
6,499
9,660
13, 241
3,683
5,629
24,232
7,021
9,844
14,835
4,032
6,054
26, 229
6,815
9,675
14, 046
4,068
5, 852
25, 332
6,863
9,566
14, 286
4,124
5,908
25, 520
6,866
9,630
14,376
4,102
5,983
25, 685
6,890
9,708
14, 650
4,092
6,011
25, 841
7,021
9,844
14, 835
4,032
6,054
26, 229
7,167
10,039
14, 966
3,992
6,017
26, 413
7,247
10,036
15,054
4,003
6,071
26,629
7,329
10, 251
15,266
3,941
6,072
26, 789
7,403
10, 380
15, 557
3,992
6, 090
26, 924
7,521
10,466
15, 655
4,028
6,124
27, 309
7, 784
7,573 '7,609
10, 485 '10,499 10, 329
16, 034 '16,330 16, 711
3, 952 ' 4, 117 4,245
6,239
6,192 '6,202
27, 713 '28,201 28, 792
do
do
do
3,056
5,625
9,431
3, 287
6,388
10,701
3,250
6,030
10, 216
3,221
6,044
10, 432
3,233
6,091
10,492
3,254
6,270
10, 591
3,287
6,388
10,701
3,384
6,519
10, 735
3,423
6,581
10,815
3,475
6,824
10,848
3,508
7,079
10, 939
3,627
7,099
11, 063
3,721 ' 3, 765
7,304 ' 7, 513
11,339 '11,537
3,843
7,744
11,826
New orders, net (not seas adj.), total
Durable goods industries total
Nondurable goods industries total
do
do
do
452, 368
237, 631
214, 737
492, 272
260, 732
231, 540
39, 964
20, 348
19, 616
42, 259
21,818
20, 441
43. 104
22.648
20. 456
42, 094
22, 109
19, 985
41, 531
22,448
19, 083
42,379
23, 052
19, 327
45,434
24,578
20,856
47, 398
26, 099
21, 299
46, 401
25, 238
21, 163
44, 748
23,969
20, 779
47, 664 '42,314
26, 120 '22,521
21, 544 '19,793
43, 624
22, 141
21, 483
New orders net (seas adj ) total
By industry group:
Durable goods industries total 9
Primary metals
Blast furnaces, steel mills
Fabricated metal products.
Machinery except electrical
Electrical machinery
Transportation equipment
Aircraft and parts
2452,368 2492,272
40, 926
41, 483
41, 843
42, 234
43, 868
43, 986
44,129
45, 833
45,064
45,321
45, 833 '45,625
44, 648
do
do
do
do
do
do
do
do
237, 631
4i, 308
23,303
24, 222
34, 929
31,212
61, 174
17, 514
260, 732
41, 017
21,378
24,914
38,434
35, 292
72, 973
22, 044
21, 509
3,119
1,465
1,974
3,318
3,000
6,141
1,956
22, 163
2,908
1,276
2,013
3,315
2,995
6,853
2,462
22,425
3,148
1,451
2,050
3,349
2,983
6,920
2,466
22, 389
3,392
1,635
2,213
3,396
3,201
5,972
1,608
23,403
3,684
1,854
2,335
3,532
3,211
6,165
1,724
23, 578
3,603
1,776
2,177
3,427
3,462
6,526
2,268
23,741
3,994
2,141
2,247
3,317
3,332
6,574
2,092
24,888
4,057
2,104
2,411
3,529
3,489
6,873
2,395
24, 197
3,905
2,037
2,206
3, 538
3,612
6,561
2,099
24, 276
4,305
2,331
2,237
3,553
3,466
6,488
1,942
24, 593 '24,371 23, 401
3,794
4,109 '4,106
1,906
2, 173 ' 2, 277
2,122
2,163 '2,231
3,609 ' 3, 426 3,768
3,487 ' 3, 744 3,541
5,931
6,902 '6,639
2,569 ' 2, 340 2,048
do
do
do
214, 737
57, 318
157, 419
231, 540
63,458
168, 082
19, 417
5,347
14, 070
19, 320
5,267
14, 053
19,418
5,307
14, 111
19, 845
5,454
14, 391
20,465
5,717
14, 748
20, 408
5,580
14, 828
20,388
5,604
14,784
20, 945
5,745
15, 200
20, 867
5,650
15, 217
21, 045
5,692
15, 353
21, 240 '21,254
5,834 '5,952
15, 406 '15,302
21, 247
5,882
15, 365
do
do
do
do
do
do
41, 740
94, 388
57, 765
43, 643
36,325
178, 507
45, 057
101,315
65, 081
51, 053
38, 058
191,708
3,784
8,558
5,543
4,294
3,040
15, 707
3,780
8, 550
5,756
4,504
3,118
15, 775
3,778
8,604
5.689
4,516
3,129
16, 127
3,868
8,806
5.485
4,413
3,296
16, 366
4,145
8,955
5,834
4,448
3,604
16,882
4,119
8,981
6,112
4,298
3,452
17, 024
3,937
8,960
5,833
4,332
3,399
17,668
4,173
9,141
6,036
4,538
3,600
18, 345
4,051
9,092
6,295
4,343
3,426
17, 857
4,227
9,197
5,937
4,516
3,227
18, 217
4,271 ' 4, 174
9,202 ' 9, 205
6,378 ' 6, 464
4,418 ' 3, 884
3,219 ' 3, 221
18, 345 '18,677
4,159
9,348
5,811
4,017
3,152
18, 161
do
do
do
17, 920
27, 126
44, 471
19,449
32, 534
49, 679
1,640
2,808
4,159
1,610
3,450
4,153
1,675
3,276
4,249
1,695
2,567
4,325
1,844
2,528
4,583
1,810
3,402
4,450
1,676
3,035
4,584
1,819
3,375
4,587
1,784
3, 299
4,788
1,812
2,907
4,845
55, 962
53,042
2,920
64, 896
61,543
3,353
61, 697
58, 438
3,259
62, 758
59, 479
3,279
63, 676
60,379
3,297
64, 129
60, 752
3,377
64, 896
61, 543
3,353
67, 293
63, 844
3,449
69,156
65,543
3,613
71, 337
67,646
3,691
72, 822
69, 018
3,804
73, 279
69, 410
3,869
74, 705 '76,602
70, 883 '72,801
3, 822 ' 3, 801
77, 241
73, 564
3, 677
57, 044
66, 068
61, 391
62, 699
63, 993
64, 821
66, 068
67,388
68,814
70, 527
72, 049
73, 297
75, 009 '76,310
76, 881
53, 958
6,559
4,311
4,811
8,302
8,103
21, 090
15, 526
62, 534
5,646
2,730
5,467
10,304
9,830
25, 993
19, 781
58, 148
5,760
3,185
5,120
9,313
9,178
23, 901
17, 732
59, 385
5,431
2,809
5,137
9,547
9,376
24, 891
18, 631
60, 664
5,375
2,653
5,224
9,769
9,453
25, 838
19, 569
61, 445
5,432
2,606
5,298
10, 014
9,692
25, 903
19, 683
62, 534
5,646
2,730
5,467
10, 304
9,830
25,993
19, 781
63,803
5,750
2,765
5,513
10, 475
10, 147
26, 557
20, 397
65,110
6,102
3,063
5,558
10,613
10,358
27,082
20,846
66, 762
6,434
3,238
5,681
10,857
10, 581
27, 712
21, 566
68, 250
6, 536
3,269
5,740
11, 169
10, 909
28, 333
22,006
69, 609
7,042
3,588
5,847
11, 468
11,061
28, 646
22, 110
71, 308
7,312
3,749
5,866
11, 757
11,318
29, 434
22, 927
3,086
3,534
3,243
3,314
3,329
3,376
3,534
3,585
3,704
3,765
3,799
3,688
3,701
2,048
34, 284
5, 845
22, 644
2,124
34, 732
6,041
23, 171
2,241
35, 360
6,063
23, 724
2,219
35,803
6,099
24,693
2,254
36, 275
6,211
25, 787
2,225
37, 186
6,298
26, 340
2, 250
37, 687
6,320
27, 040
Nondurable goods industries, total 9 . -do
Food and kindred products
do
Tobacco products
do
Textile mill products
do
Paper and allied products
do
Chemicals and allied products
do
Petroleum and coal products
do
Rubber and plastics products
do
By stage of fabrication:
Materials and supplies
do
Work in process
do
Finished goods
do
By market category:
Home goods and apparel
Consumer staples
Equip and defense prod excl auto
Automotive equipment
Construction materials and supplies
Other materials and supplies
Supplementary market categories:
Consumer durables
Defense products
Machinery and equipment
Nondurable goods industries total
Industries with unfilled orders©
Industries without unfilled orders!
By market category:
Home goods and apparel
Consumer staples
Equip, and defense prod., excl. auto
Automotive equipment
Construction materials and supplies
Other materials and supplies
Supplementary market categories:
Consumer durables
_
^
Defense products
Machinery and equipment
do
Unfilled orders, end of year or month (unadjusted),
total.
_ _
mil. $
Durable goods industries, total
_ _
do
Nondur. goods indus. with unfilled orders© -do
Unfilled orders, end of year or month (seasonally
adjusted), total _
mil $
By industry group:
Durable goods industries total 9
do
Primary metals
do
Blast furnaces, steel mills
do
Fabricated metal products
do
Machinery, except electrical
do
Electrical machinery
do
Transportation equipment
do
Aircraft and parts
do
Nondur. goods indust.with unfilled orders©.do
By market category:
Home goods, apparel, consumer staples do
2,124
1,953
1,975
2,017
2,046
Equip, and defense prod., incl. auto
do
34, 732 32, 587 33, 401 33, 983
29, 223
Construction materials and supplies
do
6,041
5,701
5,739
5,490
5,803
Other materials and supplies
do
23, 171 21, 150 21, 542 22, 161
20, 356
Supplementary market categories:
Consumer durables
do
1,601
1,406
1,420
1,449
1,504
Defense products
_
do
24, 587 22, 503 23.532 24, 407
20, 058
Machinery and equipment
do
16, 000 14, 982 15, 152 15, 369
13, 367
r
Revised.
1 Advance estimate.
2 Data for total an d components (i ncl. mar ket
categories) are based on new orders not seasonally ac1ljusted.
9 Includes data for items not shown separatel y.
© I ncludes t(ixtile m 11 produ cts,
leather and products, paper and allied products, and printing and publishing in(lustries; un-
1,817
3,685
4,753
1, 742
' 1, 739
' 3, 503 3,082
4,807
' 5, 092
'72,651 73, 235
' 7, 374 7,247
' 3, 816 3,690
5,941
' 5, 954
'11,820 12,237
'11,567 11, 744
'30,332 30, 366
'23,420 23, 625
' 3, 659
3,646
2,311
2,341 2,295
38, 503 '39,198 39,310
6,290 ' 6, 330 6,319
27, 875 '28,487 28, 941
1,771
1,678
1,736
1,819 '1,757
1,712
1,677
1,680
1,601
1,526
24, 587 24, 587 25, 383 25,841 26, 578 27, 239 27, 316 28, 269 '28,879 29, 122
18,
978
17,273
'18,683
17, 762 18, 142
15, 606 16, 000 16, 181 16,575 16,785
1 For these in<lustries ( food and
filled ()rders for other nondurabU, goods in dustries are zero,
kindn3d produ cts, toba ceo prodijets, app arel and related p roducts, petroleu tn and coal products, chemical s and all led prod icts, and rubber and plas tics prod ucts) sal es are coitisidered
equal to new o rders.
S-7
SURVEY OF CUEEENT BUSINESS
October 1966
1965
Unless otherwise stated, statistics through 1964 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
Annual
1966
1965
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
GENERAL BUSINESS INDICATORS—Continued
BUSINESS INCORPORATIONS^
New incorporations (50 States and Dist. Col.):
Unadjusted
number
Seasonally adjusted
_
do
INDUSTRIAL AND COMMERCIAL
FAILURESc?
number
Failures total
Commercial service
Construction
Manufacturing and mining
Retail trade
_ _
-Wholesale trade
do
do
do
do
do
Liabilities (current) total
Commercial service
Construction
Manufacturing and mining
Retail trade
_ _ _
Wholesale trade
thous $
_ _
_
do
do
do
do
do
Failure annual rate (seasonally adjusted)
No. per 10,000 concerns
197 724
203 897
16 114
16 957
15 962
17, 138
15 889
16,' 744
15 130
17^418
18 185
16, 999
19 731
17^ 677
16 585
17, 868
20 156
17, 305
17 299
17, 022
17 036
16,603
17, 500
16, 641
15, 336
16, 688
16, 149
16,224
13 501
13 514
1 131
1 100
1 047
1 033
1 090
1 084
946
1 226
1 106
997
1 077
1,017
1, 249
1 226
2 388
2 254
6 241
1 392
1 299
2 513
2 097
6 250
1 355
114
208
176
533
100
124
205
172
479
120
110
212
145
490
90
103
201
155
477
97
119
210
156
492
113
101
203
160
515
105
103
167
139
430
107
130
209
171
601
115
121
206
154
509
116
108
210
121
459
99
100
212
157
511
97
94
186
144
492
101
112
276
191
567
103
1 329 2231 321 666 135 039 104 976
82 066
71 722
97 575 103 175
95 536 103 471 110 141
182
262
361
281
240
527
392
864
948
492
i 53 2
96 376 123, 575
69, 876 178,088
523
980
324
478
361
47 127
24 080
30 097
19, 704
14 031
23 039
19 007
24 880
27, 463
10 587
10 381
19 139
17, 862
27, 876
6 808
7 635
14, 420
22, 539
20, 606
6 522
7,895
22, 741
24, 972
28,793
13 174
8 021
13, 877
23, 029
42, 216
16 032
8 595
24 306
18, 163
35, 165
9 307
11 005
16 630
29, 928
29, 749
16 159
20, 761
35, 024
22, Oil
22, 444
9,901
26, 400
23, 832
20, 164
17, 054
8,926
27, 123
20, 736
28, 330
32, 528
14, 858
4,459
18, 233
19, 230
18, 757
9, 197
38, 358
33, 193
43, 497
30, 488
32, 552
i 53 3
56 9
59 7
51 5
51 4
54 2
50.7
44 1
50 2
47.4
45.8
49.4
52.3
60.8
262
226
270
232
269
231
265
236
263
239
264
241
267
245
272
241
248
290
350
287
144
COMMODITY PRICES
PRICES RECEIVED AND PAID BY
FARMERS
Prices received, all farm products! 1910-14 =100__
Crops?- _
do
Commercial vegetables _
do
Cotton
do
Feed grains and hay
do
Food grains _ _ _ _ _ _ _
_
do
Fruit
do
Tobacco
.
do
Livestock and products 9
do
Dairy products _ _
do
Meat animals __ __
_ _
do
Poultry and eggs
do
Prices paid:
All commodities and services
do
Family living items. __
do
Production items
do
All commodities and services, interest, taxes, and
wage rates (parity index)
1910-14 =100. _
Parity ratio § __
do
237
239
248
232
249
223
249
221
249
223
249
219
259
224
281
246
175
189
269
546
283
267
359
147
304
252
182
204
224
546
285
285
351
153
309
179
188
199
241
559
298
301
365
162
270
179
190
198
255
571
299
318
354
168
296
315
283
296
314
283
297
315
285
299
317
287
301
318
289
333
79
333
79
334
80
335
81
337
80
237
249
171
160
248
528
271
270
333
150
252
248
161
164
234
528
273
277
332
151
259
245
156
167
211
550
275
282
332
155
259
236
166
170
231
549
290
281
357
164
287
225
171
171
225
540
293
277
369
160
312
224
174
173
232
545
303
277
384
170
291
236
170
171
234
545
303
277
380
174
313
240
172
168
243
547
291
272
365
161
290
240
175
174
262
546
284
266
361
150
289
288
305
276
289
307
276
291
309
278
293
309
281
295
312
282
297
314
284
296
314
283
'322
322
77
322
77
324
80
327
80
329
82
331
81
333
80
247
262
166
190
307
490
236
256
270
142
261
245
173
164
236
513
261
261
319
145
233
244
171
162
230
517
272
258
341
147
282
300
270
288
306
276
289
305
277
r
313
76
321
77
322
77
305
277
r 77
270
236
CONSUMER PRICES
(U.S. Department of Labor Indexes')
Unadjusted indexes:
All items
1957-59=100
Special group indexes:
All items less shelter ___
do
All items less food
do
Commodities
do
Nondurables
_
do
Durables?
._
do
New cars.. _
do
Used cars
do
Commodities less food
do
Services
do
Services less rentdo
Food9
. .
do
Meats, poultry, and
fish
do
Dairy products
_ _
do
Fruits and vegetables
do
Housing..
_
do
Shelter?
do
Rent
do
Homeownership
do
Fuel and utilities 9
do
Fuel oil and coal
do
Gas and electricity. _
do
Household furnishings and operation do
Apparel and upkeep
_
do
Transportation
do
Private
do
Public .
do
Health and recreation 9 __ __ _
do
Medical care
do
Personal care
do
Reading and recreation _ _
do
Seasonally adjusted indexes:*
Food
do
Apparel and upkeep
do
Transportation
_
do
108 1
109 9
110 0
110.2
110.4
110.6
111.0
* 111.0
111 6
112.0
112.5
112.6
112.9
113.3
113.8
108 0
108 9
105 2
106 0
103 0
101 2
121 6
104 4
115 2
117 0
106 4
98 6
104 7
115 3
107 2
108 7
107 8
109 1
107.3
103 5
107 9
102 8
105 7
109 3
107 9
119 0
113 6
119 4
109 2
114 1
109 6
110 4
106 4
107 9
102 6
99 0
120 8
105 1
117 8
120 0
108 8
105 1
105 0
115 2
108 5
110 6
108 9
111 4
107 2
105 6
107 8
103 1
106 8
111 1
109 7
121 4
115 6
122 3
109 9
115 2
109 8
110 2
106 6
108 5
101.8
97 1
120 3
104 7
117 9
120 0
110 1
109 8
105 0
114 6
108 2
110 7
109 0
111 4
105.3
103 5
107.7
102 9
106.4
111 0
109 5
121 5
115.6
122 8
109 0
114.3
110 0
110 6
106 6
108.6
101.7
96 5
118 9
104 9
118 5
120.7
109.7
109.8
105.3
108.5
108.6
110.8
109.1
111.6
107.4
104.3
107.9
103 1
107.2
111.0
109 5
121 6
115.8
122 8
109 2
114.8
110. 2
110 9
106 9
108.7
102. 1
97 7
119 4
105 3
118 7
121.0
109.7
108 9
105.5
108 5
109.0
111 2
109.2
112.1
107.7
106 9
107.9
103 3
107.8
111 2
109 7
121 6
116.2
123.0
109.2
115.2
110. 4
111 2
107.1
108.9
102.4
98.7
118.7
105 6
119 0
121.3
109.7
108.5
105.8
109.9
109.2
111.5
109.3
112.5
107.9
107.2
108.0
103.3
108.1
111.5
110 1
121.6
116.4
123.4
109.6
115.4
110.8
111.3
107.4
109.4
102.4
98.7
118.2
105.7
119.3
121.6
110.6
110.1
106.1
111.0
109.4
111.8
109.5
112.9
108.1
108.6
108.0
103.6
108. 1
111.6
110 1
122.0
116.6
123.7
110. 0
115.4
110.8
111.1
107.4
109.6
101.9
97.4
114.8
105. 3
119.5
121.8
111.4
112.9
106.6
111.3
109.2
112. 0
109.7
113.1
106.4
108.9
107.9
103.6
107.3
111.2
109.6
122.0
116.9
124.2
110.4
115.7
111 4
111 3
108 0
110 6
101 8
97 2
114 0
105 4
119 7
129 0
113 1
115 7
107.0
116 5
109.4
112 1
109.8
113.3
106.5
109 0
108.2
103 8
107.6
111.1
109 6
122. 0
117.1
124.5
110.8
115.9
111.9
111 6
108 4
111.1
102.0
97 1
115.4
105 6
120 1
122 5
113.9
116 9
108.1
117.4
109.6
112.3
109.9
113.5
106.6
108.9
108.2
104.0
108.2
111.4
109 9
122.1
117.6
125.3
111.0
116. 6
112.4
112 2
108. 8
111.4
102.3
97.4
117.4
106 0
121 1
123.6
114.0
115 6
108.9
119.8
110.3
113.0
110.1
114.3
108. 3
108.5
108.3
104.4
108.7
112.0
110.5
122.1
118.1
125.8
111.6
116.8
112.4
112 5
108 8
111.3
102.5
97 0
117.5
106 3
121 5
124.1
113.5
113.9
109.3
119.2
110.7
113.5
110.2
115.0
108.2
108.0
108.2
104.6
109.3
112.0
110 5
122.1
118.4
126.3
112.0
116.8
112 6
112 8
109 0
111.5
102.6
96 8
118.2
106 4
122 0
124.8
113.9
114.2
109.6
121.7
111.1
114.1
110.2
115.8
108.0
107.0
108.1
104.8
109.4
112.2
110.7
122.8
118.7
127.0
112.2
117.0
113.1
113.2
109.3
111. 8
103.0
96.7
120.3
106.7
122.6
125.5
114.3
114.3
111.0
121. 5
111.3
114.4
110.3
116.2
107.9
107.0
108.1
105.1
109.2
113.5
111.5
129.1
119.1
127.7
112.5
117.2
113 6
113 4
109 8
112 5
103.0
95 8
122 1
106 6
123 0
125 9
115.8
114 5
114.8
122.3
111.5
114.6
110.6
116.4
107.9
107.0
108.1
105.2
109.2
113. 5
111 6
129.2
119.5
128.4
112.7
117.4
110 8
107.6
111.3
111.6
107.8
110.8
113.1
108.0
111.4
114.2
108.5
111.8
114.3
108.8
112.3
114.0
109. 4
112.0
114.0
109.5
112.3
113. 2
109. 6
113.4
115.5
109.6
113. 5
' Revised.
i Based on unadjusted data.
2
Beginning with indexes for Jan. 1966, data for six additional areas (Cincinnati, Houston,
Kansas City, Milwaukee, Minneapolis-St. Paul, and San Diego) have been incorporated
into the national CPI. These areas were "linked" into the CPI as of Dec. 1965 and were
first used in calculating the Dec. 1965-Jan. J966 price change.
cTCompiled by Dun <t Bradstreet, Inc. (failures data are for 48 States and Dist. Col.).
^Revisions for Jan. 1963-Mar. 1965 are available upon request.
§ Ratio of prices received to prices paid (parity index).
9Includes data for items not
shown separately.
* New series. Beginning with indexes for Jan. 1966, seasonally adjusted
indexes for selected groups and subgroups of the CPI were published by the Dept. of Labor.
Additional information and a description of the BLS Seasonal Factor Method are available
from the Bureau of Labor Statistics, U.S. Dept. of Labor, Washington. D.C. 20210.
SUEVEY OF CUEEENT BUSINESS
S-8
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1964
October 1966
1966
1965
1965
Annual
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
COMMODITY PRICES—Continued
WHOLESALE PRICES c?
(U.S. Department of Labor Indexes)
Spot market prices, basic commodities:
22 Commodities.
.1957-59= 100_.
9 Foodstuffs
do
13 Raw industrials
do
All commodities
do
By stage of processing:
Crude materials for further processing— _do
Intermediate materials, supplies, etc
do
Finished goods©
_ ...
do
By durability of product:
Durable goods
do
Nondurable goods. _ _
_
do
Total manufactures
do
Durable manufactures _ . _ _ _ _do
Nondurable manufactures.
do
197.7
!88.8
1 104. 6
i 104. 7
191.9
1114.6
104.7
91.2
115.2
105.4
93.2
114.8
105.6
93.4
115.0
106.1
93.9
115. 5
108.9
97.9
117. 1
112.0
100.7
120.5
113.8
101.9
122.9
113.6
100.7
123. 5
112.5
100.8
121.5
110.7
100.4
118.3
111.4
102. 0
118.4
113. 1
105.3
118.8
110.6
109. 1
111.7
107.3
10-5.1
108. 9
100. 5
102. 5
102.9
103.0
103. 1
103.5
104.1
104. 6
105.4
105.4
105.5
105.6
105. 7
106. 4
106.8
106.8
94.1
100.9
101.8
98.9
102.2
103.6
100. 8
102.4
103.8
100.0
102.5
104.1
100.1
102.6
104. 3
100.8
103.0
104.7
103.2
103.0
105.3
105. 2
103.4
105.6
107.5
103.8
106.3
106.9
103.9
106.4
106.3
104.3
106.3
105. 7
104.8
106.2
105.6
104.9
106.4
107.8
105.4
107. 0
107.4
105.8
107.5
106. 1
105.6
108.1
102.4
99.1
101.1
102. 5
99.7
103.7
101.5
102.8
103. 7
101.9
103.9
102.0
103. 2
103.9
102.4
103.9
102.2
103.2
103.9
102.5
104. 0
102. 4
103.4
104. 0
102. 7
104.2
102.9
103.7
104.2
103.2
104.2
103.9
104.1
104.2
103.8
104.6
104. 5
' 104. 4
104.5
104.3
104.9
105.5
104.9
104.8
104.8
105. 3
105.3
105.0
105.1
104.7
105.7
105.1
105.1
105.6
104. 6
106. 1
105.0
105.5
106.1
104.8
106.2
105.2
105.6
106.1
105. 1
106. 2
106. 4
106.0
106. 1
105. 8
106.2
107.0
106.4
106. 2
106,5
106.2
107.1
106.4
106. 2
106.4
do
98.0
102.1
103.3
103.5
103.6
104.3
106.5
107.7
109.8
109. 4
108.7
107.9
107. 7
109.9
111.3
111. 7
Farm products 9 --do
Fruits and vegetables, fresh and dried- do
Grains
do
Livestock and live poultry
do
94.3
103.2
94.1
84.7
98.4
101.8
89.6
98.9
99.1
85.5
88.3
106.4
99.5
96.1
89.3
102.6
99.4
95.6
88.6
103.2
100.3
94.2
87.4
104.0
103.0
92.2
90. 1
109.0
104.5
97.5
92.4
112. 6
107.4
98.0
92.9
116.7
106.8
101.7
90.8
114.2
106. 4
111.0
91.2
112. 4
104.5
103.3
93.6
110.4
104.2
99.7
94.9
108.5
107.8
107. 0
103.1
107.1
108.1
97.7
105.6
109.4
108. 7
110.4
104.6
106.7
Foods, processed 9
_ _ do
Cereal and bakery products
do
Dairy products and ice cream
do
Fruits and vegetables, canned, frozen__do
Meats, poultry, andfish__
do. _
101.0
107.8
107.8
104.8
90.8
105. 1
109.0
108.5
102. 1
101.0
106. 7
108.8
108.5
100.4
106.3
106.7
109.1
109.1
101.8
105.3
106.9
109.4
109.4
104.7
104.9
107.6
110.6
110.4
105.4
105.5
109.4
111.2
111.3
105.1
110.5
110.3
111.8
110.9
104.7
112. 7
111.8
112.1
113.0
105.2
114. 9
111.5
112.2
115.0
104.8
113.3
110.6
112.6
114.8
104.8
110.9
110.5
113.0
114.9
105. 4
110.9
110. 6
114.0
117.0
104.9
109.9
111.7
113. 8
115.5 ' 118. 9
120.4 ' 125. 1
104.5 ' 102. 3
110.0
111. 1
114.0
118.9
125.3
103.6
112.3
101.2
102.5
102. 7
102.7
102.8
103.2
103.2
103. 5
103.8
104. 0
104.3
104.7
104. 9
105.2
105.2
105.1
97. 6
95.8
94.3
101.6
104.8
106.8
97.9
95.9
94.5
105. 3
104.2
106.8
97.9
95.8
* 94. 7
98.0
95.8
94.8
103.8
102. 5
106.8
Farm products and processed foods
Commod. other than farm prod, and foods, .do
96.7
94.2
95.0
96.8
100.1
104,7
97. 4
95.0
94.4
112.7
103.5
105.4
97.1
95.0
93.9
104. 4
102.1
105.7
97.2
95.0
93.9
108.4
102.5
105.7
97.6
95.4
94.1
110.1
103.4
105. 9
97.5
95.5
94.7
106.7
103.8
105.9
97.6
95.5
94.6
110.1
103.8
105. 9
97.6
95.1
94.4
113. 1
103.8
105. 9
97.6
95.2
94.5
110.0
104.7
105.9
97.6
95.2
94.4
106.4
104.7
105.9
97.6
95. 6
94.1
104.0
105. 5
106.2
97.7
96.0
94.1
102. 5
106.6
106.2
Fuels and related prod., and power 9 - - --do
Coal
_
_do
Electric power
Jan. 1958—100
Gas fuels
do
Petroleum products, refined.. _ .1957-59=100-.
97.1
96.9
101.1
121. 3
92.7
98.9
96.5
100.8
124.1
95.9
99.0
95.8
100.8
123.9
96.4
99.2
96.6
100.8
125.3
96.4
99.4
97.3
100.8
125.8
96.6
100.3
97.5
100.8
126.8
98.1
100.6
97.6
100.7
128.6
98.4
100.5
98.1
100.4
128.2
98.3
100. 3
98.2
100.4
128.9
97.8
99.9
97.5
100.4
128.2
97.2
100.0
94.9
100.3
129.2
97.7
100.4
96.9
100. 2
128.3
98.4
101. 5
97.2
100.2
128. 5
100.2
101.4 ' 102. 0
97.6 r 98. 5
100. 3
100.3
128.3 ' 128. 9
99. 9
100.7
102.2
99.6
100.3
128.9
101.0
Furniture, other household durables 9 _ _ d o
Appliances, household
do
Furniture, household _
do
Radio receivers and phonographs.
do
Television receivers _ _ __
_ _ _ _ __do.
98.5
91.3
105.3
81.5
90.9
98.0
89.2
106.2
80.2
88.5
97.7
88.6
106.1
79.0
88.0
97.7
88.6
106.2
79.0
88.0
97.8
88.6
106.4
79.2
87.9
98.0
88.6
106.6
79.2
87.9
98. 2
88.8
106.7
79.2
87.9
98.3
89.0
107.0
78.4
87.4
98.4
89.0
107.2
78.5
87.3
98.4
89.1
107.2
78.4
86.8
98.6
89.3
108.3
78.4
86.8
98.9
89. 4
108.9
78.3
86. 8
98.9
89.4
108. 9
78. 4
86.8
99. 0
89 2
109.' 1
78.3
86.8
99.1
88.8
109.7
78.3
85.8
Hides, skins, and leather products 9
Footwear
Hides and skins .
Leather
Lumber and wood products __
Lumber
104.6
108.5
87.5
102.9
100.6
100.7
109.2
110.7
111.2
108.1
101.1
101.9
112.2
110. 2
133.4
112.5
101.8
102.5
111.3
110.3
124.9
110.9
102.0
103.1
113. 3
113.6
125.6
111.9
101.6
103.0
113.6
113.7
126.5
113.3
101.6
103.0
114.6
113.8
132. 3
114.2
101.9
103.4
116. 0
114.6
140.0
116.6
102.8
104.3
117.8
115.0
152.8
118. 0
103. 7
105.6
118.7 r 120. 6
115.4 ' 118. 2
148.8
147.8
122. 4
123.3
108.4
105.6
110.9
107. 4
'122.8
'118.9
163.0
125. 1
109. 6
113.1
122.9
118.9
161. 0
126. 6
107.7
111.8
122.7
121.2
119.0 ' 119. 1
156. 4
141.2
126.0 '124.9
106.6
106. 2
110.3
109.9
119.9
119. 1
134.2
121.8
105. 7
109.3
Machinery and motive prod. 9
do
Agricultural machinery and equip • -.- do
Construction machinery and equip _ _ _ .do
Electrical machinery and equip
_ _ . _ do
Motor vehicles. _ _
_ _
do
102.9
112.9
112.4
96.8
100. 5
103. 7
115. 1
115.3
96.8
100. 7
103.8
114.8
115.6
96.7
100.7
103.8
115.0
115.6
96.6
100.5
103.9
114.9
115.8
96.6
100.5
104.1
116.8
116.4
96.5
100.5
104.2
117.0
116. 5
96.6
100. 5
104.4
117.3
116.9
97.0
100.5
104.7
117.8
117.5
97.8
100.4
105.0
118.0
117.9
98.2
100.3
105.2
118.1
118.5
98.4
100.2
105.8
118.2
118.9
'98.9
100.9
105.9
118.4
118.9
98.8
100.7
106.0
118.5
118.9
99.0
100.7
106.2
' 118. 3
'118.9
' 99. 1
100. 5
106.2
118.3
119.2
99. 2
100.0
Metals and metal products 9-.-Heating equipment
Iron and steel
Nonferrous metals _ _ _
102.8
92.0
100.5
105.9
105.7
91.7
101.4
115.2
106.2
91.9
101.4
116.5
106.2
91.9
101.2
117.0
106.3
91.9
101.2
117.4
106.7
91.6
101.3
118.7
106.6
91.6
101.7
117.2
107.0
91.5
102.0
118.3
107.5
91.7
102.2
119.5
108.0
91.8
102.3
120. 8
108.2
92. 1
102.0
122.1
108.4
92.1
101.8
122.5
108. 7
92.5
102,0
123.2
108.8
92.9
102.2
122.9
108.5
'92.7
' 102. 7
120.4
108.4
92.9
102. 5
119.9
101.5
104.2
100.9
108.2
99.0
103.6
92.5
89.0
101.7
105.1
101.5
104. 0
99.9
104.1
92.9
90.0
101.6
105.3
101.5
100.6
99.9
104.1
93.2
91.1
101.6
105.4
101.6
99.9
100.0
104.1
93.3
91.1
101.6
105.4
101. 6
99.1
100. 5
104.5
93.4
91.1
101.6
105.4
101.8
98.6
100. 8
104. 8
93.5
91.1
101. 6
105.6
101.8
97.4
100. 9
104.9
93.5
91.1
102.0
105.6
102.0
101.4
101.2
105.2
93.7
91.1
102.1
105.8
102. 1
101.4
101.3
105.4
94. 1
91.1
102. 1
105.9
102.2
101.4
101.8105.4
94. 3
91.1
102. 3
106. 0
102.7
101. 4
102. 3
106.0
95.4
94.4
102.4
106.3
102.7
102.2
102.7
107.1
95.4
94.4
102. 5
106.5
103.0
102.7
103. 0
108. 0
95.4
94.4
102.7
102. 7
106.5 ' 106. 7
103.3
103. 1
102.7
102. 7
103.2
103.2
108.4
108. 2
95.1
95.1
93.9
93.9
103. 0
106.7
103.6
102.7
103.2
108.4
94.6
93.1
101.2
____do____
102.8
do
99.6
do
95.8
do
do
. 117. 3
do
103. 0
101.8
103. 7
100.2
95.0
134.3
104.3
101.9
104.1
100.4
94.7
132.8
105.0
102.1
104.2
100.6
94.2
134.9
105.2
102.0
104.3
100. 8
93.3
140. 3
105. 4
101.9
104.2
101.0
92.5
142. 2
105.4
102.0
104.3
101.2
91.9
143.6
105.4
101. 9
104.6
101.0
91.3
147.6
105.9
102.0
104.7
101.5
91.0
155.3
105.8
102. 1
104.7
101.8
90.8
151.4
106.0
102.2
104.7
102.3
90.5
151.6
106.3
102. 2
104. 9
102. 6
89.9
140. 9
106.4
102.2
104.8
102. 8
90.0
143.8
106.5
102.4
105.0
103.0
90.1
152.1
106.7
102. 4
105.0
103.3
'89.6
156. 7
' 106. 6
102.1
105.0
103.1
88.6
158.6
106.1
107.4
100. 7
105.6
109.2
101.0
107.7
100.8
105.8
111.0
102.7
107.6
100.7
105.6
111.5
102.7
107.7
100.9
105.6
111.5
103.2
107.7
100.9
105.6
111.2
103.1
107.7
100.9
105.6
113.2
103.0
107.9
101.3
105.6
112.5
103.1
108.1
101. 1
105.6
114.3
103. 2
108.0
101.0
105.6
116.0
103. 3
109.2
101. 0
109.5
113.1
103. 3
109.4
101.0
110.0
113.0
103.7
109. 4
101.0
110.0
115.1
103.7
109.8
101. 0
110.0
115.7
103.7
110. 0
101. C
110.0
120.5
104.5
' 110. 1
101.0
110.0
'121.1
104.9
110. 1
101.0
110.0
120. 4
104. 6
$0. 995
.925
$0. 976
.910
$0. 972
.909
$0. 971
.907
$0. 970
.906
$0. 966
.904
$0. 961
.901
$0. 956
.901
$0.949
.896
$0.949
.893
$0. 948
.889
$0. 947
.888
$0. 946
.886
$0. 940
.883
$0. 936
.879
Chemicals and allied products 9
Chemicals, industrial _
Drugs and Pharmaceuticals. _
Fats and oils, inedible
Fertilizer materials
Prepared paint
_ _ _ _ __
__
do
do
do _
do
do
do _
do
do
do _
do
do
do
do
do
do
do
Nonmetallic mineral products 9 ___ _
do
Clay products, structural _
do
Concrete products ..
_' ' _ . do Gypsum products. .
do
Pulp, paper, and allied products do
Paper _
do
Rubber and products
do
Tires and tubes..
_ '
do
Textile products and apparel 9
Apparel.. _ _ _
Cotton products __
_ _
Manmade fiber textile products
Silk products.
Wool products.
___
Tobacco prod, and bottled beverages 9 — - do ...
Beverages, alcoholic
do
Cigarettes .
do
Miscellaneous. __
do
Toys, sporting goods.
_ _
do
' 105. 5
102.5
106.8
'99.1
' 90. 0
' 109. 4
78.3
'86.8
PURCHASING POWER OF THE DOLLAR
As measured byWholesale prices
Consumer prices
1957-59=$!. 00
do
1
'Revised.
v Preliminary
Annual averages computed by QBE.
d*For actual wholesale prices of individual commodities, see respective commodities.
O Goods to- users, including raw foods and fuels.
$0. 936
9 Includes data not shown separately.
SURVEY OF CURRENT BUSINESS
October 1966
1964
Unless otherwise stated, statistics through 1964
and descriptive notes are shown In the 1965
edition of BUSINESS STATISTICS
1965
Annual
S-9
1966
1965
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
CONSTRUCTION AND REAL ESTATE
CONSTRUCTION PUT IN PLACE f
New construction (unadjusted), total
_ mil. $
66, 221
71,930
6,806
6,789
6 754
6 486
6,037
5,157
4 748
5, 502
6,166
6,523
7 103
7,048
6,984
Private, total 9
_
do
Residential (nonfarm) _ _ _ __
do
New housing units___
do
Nonresidential buildings, except farm and public utilities, total 9 .
..
mil. $
Industrial
do
Commercial
do
Farm construction
_
do
Public utilities
do
45, 914
26, 507
20, 612
49 999
26 689
20 765
4 623
2,527
2,009
4 607
2 450
1,955
4 606
2 370
1,897
4 530
2 283
1 836
4 381
2 138
1 723
3 651
1,843
1, 483
3 389
1 627
1,315
3 861
1 873
1 443
4 308
2,191
1, 620
4 497
2,367
1,734
4 789
2 534
1,848
4 625
2,407
1,841
4 608
2,314
1,802
12, 998
3,572
5,406
1,221
4,850
16 521
5,086
6 704
1 195
5 178
1 488
438
615
112
465
1 549
478
646
107
465
1 605
478
678
104
487
1 605
500
682
99
500
1 635
575
640
95
466
1 302
442
510
92
367
1 266
453
451
91
354
1 452
511
530
92
395
1,546
565
550
91
431
1 533
557
537
96
458
1 621
612
573
102
495
1 590
594
569
111
481
(i)
(i)
(i)
115
507
Public, total 9... ._
do
20, 307
21, 931
2,183
2 182
2 148
1 956
1 656
1 506
1 359
1 641
1 858
2 026
2 314
2 423
2 376
do
d o
do
do
7,052
474
968
7 144
7,716
464
883
7 547
703
45
86
851
722
48
91
825
728
50
82
799
687
46
88
666
669
42
63
476
647
38
54
390
622
36
52
305
672
36
69
468
741
40
66
578
783
42
56
675
850
47
75
807
840
48
(i)
910
828
50
(i)
874
_____
.
Buildings (excluding military)
Residential _ _ _ _ _
Military facilities
Highways and streets
New construction (seasonally adjusted at annual
rates), total
mil. $
Private, total 9
- --
-do
Residential (nonfarm)
_ _
do
Nonresidential buildings, except farm and public utilities, total 9
mil $
Industrial _
do
Commercial
_
do
Farm construction __ __ _ _ _ _ _
do
Public utilities
do
Public, total 9
do
Buildings (excluding military)
Residential
_ _ _
Military facilities
Highways and streets
_
do
do
_do
do
70 863
72 830
72 687
74 039
76 443
77 622
78 920
79 433
78 138
75 790
75 617
73 341
72 769
49 222
50, 167
50, 084
51 209
53 445
53, 285
54 290
55 066
54, 347
52 284
52 108
49, 757
49,224
26 621
26 413
26 343
26 243
26 684
27 460
27 463
27 279
27, 437
27 023
26 156
25 061
24 424
15 949
4 973
6 239
1 186
5 142
16 984
5 321
6,977
1, 186
5 208
16 923
5' 068
7 056
1 185
5 196
17 839
5 291
7 706
1 183
5 429
19 551
6 250
8 017
1 182
5 412
18 812 19 388
5 987 6 629
7 294
7 846
1 185 1 190
5
512
5 220
20 495
7 073
7 672
1 194
5 409
19 572
7 175
7, 097
1,197
5 458
18
6
6
1
5
227
856
126
201
301
18 712
7 548
6 343
1 205
5 617
17 634
6 907
6 107
1 210
5 490
(i)
(i)
(i)
1, 213
5 595
21, 641
22, 663
22 603
22,830
22 998
24 337
24 630
24 367
23, 791
23 506
23 509
23 584
23 545
8,608
519
760
7 687
9 259
516
733
8 107
9 391
508
823
8 203
9 141
516
1 009
7 953
8 908
522
887
7 902
8 959
521
650
7 853
8 866
527
760
7 801
8 843
527
(i)
7 750
8 899
532
(i)
7 697
4, 302
7 609
472
910
7 494
8 187
505
1,025
7 689
8 311
522
832
7 734
8 382
525
967
7 398
CONSTRUCTION CONTRACTS
Construction contracts in 48 States (F. W. Dodge
Co.):
Valuation, total
mil. $
Index (mo. data seas. adj.)..
Public ownership _ _
Private ownership. _ _
By type of building:
Nonresidential
Residential
Non-building construction
New construction:
Advance planning (ENR) §
Concrete pavement awards:
Total
__•
Airports
Roads
Streets and alleys
Miscellaneous.. _
2
4,265
4,153
4,356
3,745
3,698
3 374
3 270
4 737
5,098
5 132
4,854
4,774
143
139
147
147
141
153
152
157
158
161
156
147
146
139
15 371
31 928
16 330
33 501
1 313
2 952
1 332
2 821
1 294
3 061
1 163
2,582
1,304
2,395
1 125
2*249
1 066
2*204
1 463
3' 274
1 574
3 524
1 902
3 230
1 937
2 916
2 020
2, 754
1 568
2 733
2 15 495
20 561
11 244
17 470
21 461
10 900
1 507
1 971
788
1 464
1 756
934
1 582
1 897
877
1 328
1 696
721
1,433
1,446
819
1 177
I 290
906
1 259
1 299
712
1 726
2 004
1 007
1 883
2 081
1 134
1 826
1 970
1 335
1 885
1 828
1, 140
1 813
1 461
1,499
1 729
1 494
1 079
3 714
3 915
3 895
4 618
5,707
3 384
3 942
4 608
3 686
3 578
4 902
2 362
3 807
1957-59=100
_
s 137
mil. $
do
2
2
do
do
do
2
2
do
47, 299
49, 831
3
44 405
45 625
123 768
5,352
89 872
25, 578
2 967
125, 580
4,410
86 779
29,016
5,376
thous%
do
do
1 590 7
973 0
1 557 4
1, 542. 7
963.5
1 505 0
138 0
88 5
134 7
125.9
80.0
124.3
135 7
87.2
133 6
118.3
71.4
116.1
103 2
59 9
102 3
87 3
48 2
84 6
81 0
46 8
78 2
130 9
80 9
126 3
149. 2
95 4
147 1
139.3
88 1
135 4
130.7
'•83. 8
127. 5
104.2
'71.2
103. 4
Total nonfarm (private and public)
In metropolitan areas
Privately owned
do
do
do
1 563 7
1 117 7
1 530 4
1 520 4
1 067 5
1 482 7
136 2
94 8
132 8
124.3
87 8
122 7
133 0
94 8
130 9
117. 1
78 8
114 9
101 6
75 9
100 8
86 3
61 5
83 7
79 5
55 4
76 7
128 7
91 4
124 1
146 9
106 8
144 8
136 1
91 7
139 2
128.3
* 87 5
125 1
102.5
r
69. 1
101 7
100.4
69 0
98 5
Seasonally adjusted at annual rates:
Total, including farm (private only)
Total nonfarm (private only)
do
do
1 427
1 409
1,453
1 436
1 411
1 380
1 547
1 531
1 769
1 735
1 611
1 585
1 374
1 349
1 569
1 538
1 502
1 481
1 318
1 287
1 285
1 261
1,081
1 061
1,057
1 037
1 228
709
I 180
678
1 244
727
1 280
731
1 292
724
1 255
711
1 197
652
1 268
743
1 185
660
1 098
596
954
574
921
543
808
492
___thous. sq. yds
do
do
do
do
29, 147
1,329
20 831
5,639
1 347
33 048
857
20 692
9,549
1 950
34, 119
1,419
23, 814
8,027
859
25 684
513
21 298
3 161
711
HOUSING STARTS AND PERMITS
New housing units started:
Unadjusted:
Total, incl. farm (private and public)
One-family structures. _ _ _ _ _
Privately owned
New private housing units authorized by bldg. permits (12,000 permit-issuing places) :
Seasonally adjusted at annual rates:
Total
thous
One-family structures
do
1 286
720
1 241
710
102. 5
70. 8
100.6
r
CONSTRUCTION COST INDEXES
Dept. of Commerce composite
American Appraisal Co., The:
Average, 30 cities
Atlanta
_
New York _
San Francisco
St. Louis
1957 59 — 100
112
116
116
117
117
117
118
118
118
118
119
120
121
122
122
1913—100
do
do
do
do
802
878
888
792
785
824
904
925
814
808
827
908
917
804
809
829
908
939
834
809
834
909
940
834
805
835
909
940
834
815
837
909
941
837
817
840
913
945
839
821
843
916
946
840
822
845
917
949
841
830
854
926
954
852
836
858
927
954
852
853
863
927
954
852
853
877
950
969
887
863
881
952
971
888
863
Associated General Contractors (building only)
124
124
124
123
119
1957-59= 100- _
r
2
Revised.
* Not yet available; estimate
included in total.
Annual total includes
3
revisions not distributed to months.
Computed from cumulative valuation total,
f Revised series. Monthly data for 1962-64 appear on p. 40 of the May 1966 SURVEY.
128
127
128
128
126
125
124
124
124
124
124
9 Includes data not shown separately.
§Data for Sept. and Dec. 1965 and Mar. and June 1966 are for 5 weeks; other months,
4 weeks.
SURVEY OF CURRENT BUSINESS
S-10
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1964
1965
Annual
October 1966
1966
1965
Sept.
Aug.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
CONSTRUCTION AND REAL ESTATE—Continued
CONSTRUCTION COST INDEXES— Con.
E. H. Boeckh and Associates: J
Average, 20 cities:
All tvpes combined
1957-59=100
Apartments, hotels, office buildings _ . _ _ do
Commercial and factory buildings
do
Residences _
do
113. 4
114.6
113.4
111.6
117.2
118.5
117.2
115.2
118.2
119.4
118.3
116.1
118.4
119.7
118.5
116.4
118.8
120.0
118.8
117.0
118.9
120.1
118.9
117.0
119.5
120.7
119.5
117.6
119.7
121.1
119.8
117.1
119.5
120.6
119.5
117. 6
119.8
120.8
119.8
118.0
120.3
121.4
120.3
118. 7
121.2
122.3
121.1
119.4
121.9
123.1
121.9
120.1
122.8
124.1
122.9
120. 9
123.1
124.3
123.2
121.0
116.1
123.2
118.9
127. 8
119.5
129.5
120.1
129.8
120.4
129. 8
120.2
129.7
120.4
130.0
120.5
130.0
121.7
131.2
122.0
131.4
123.1
132.4
123.7
133.4
124.5
135.4
124.6
136.1
125.0 1 125. 2
136.5 1 136. 7
102.0
105.7
152.6
156.3
175.9
160.1
170.2
163.3
165.3
146.2
149.5
156.6
144.4
168.1
134.8
144.0
136.8
154.8
170.5
177.2
167.9
164.6
154.2
151.9
183.2
161. 1
155.3
186.2
187.5
165.2
246.7
161.6
171.4
224.5
159.8
164.6
235.8
143.6
158.2
188.1
148.0
155.2
150.2
136.4
147.0
103.6
144.2
150 2
101.6
189.9
178.4
172.2
189.0
167.8
184.7
182.1
188.9
113.6
102. 1
17.3
186
8.9
95
16.6
189
8.4
97
15.1
192
7.2
94
14.5
222
6.8
100
13.3
219
6.7
105
13.6
214
5.9
89
13.8
179
5.4
72
17.7
160
9.1
92
16.0
168
10.1
111
12.8
133
9.4
98
13.0
127
8.8
90
Home mortgages insured or guaranteed byFed Hous. A dm.: Face amount
mil. $ 6, 573. 22 7, 464. 59
2, 852. 21 2, 652. 23
Vet Adm * Face amount!
do
Federal Home Loan Banks, outstanding advances
5,997
to member institutions, end of period
mil. $__
5,325
757. 29
244. 70
755. 77
254. 42
714.36
245. 00
706. 02
242. 64
698. 25
227. 87
727. 41
236. 31
511. 89
189. 76
607. 09
163. 04
515. 71
131. 82
497. 79
166. 66
557. 09
205. 32
5,770
5,802
5,826
5,724
5,997
5,898
5,739
5,687
6,516
6,704
6,783
7,342
7,226
Engineering News-Record:
Building
_
do
Construction
_ __
do
Bu. of Public Roads—Highway construction:
Composite (avg. for year or qtr.)___ 1957-59 =100. _
106.7
113.7
109.0
106.6
CONSTRUCTION MATERIALS
Output index:
Composite, unadjusted 9
Seasonally adjusted
1947-49—100
do
Iron and steel products, unadjusted
Lumber and wood products, unadj
Portland cement , unadjusted
do
do
do
r
175. 4
' 163. 4
178.0
165.9
187.5 ' 196. 4
168.8
166.5
211.3 r 220. 8
175.4
142.8
237. 7
REAL ESTATE
Mortgage applications for new home construction:
Applications for FHA commitments
thous. units. _
Seasonally adjusted annual ratest
_ do
Requests for VA appraisals
do
Seasonally adjusted annual rates}:
do
New mortgage loans of all savings and loan associations estimated total
mil $
By purpose of loan:
Home construction
do
Home purchase
do
AH other purposes
do
New nonfarm mortgages recorded ($20,000 and
under) , estimated total
mil. $
Nonfarm foreclosures
number
Fire losses (on bldgs., contents, etc.)
10.6
124
8.5
99
11.6
119
'10.4
106
13.0
151
8.8
102
504.84 r546. 13
219. 04 287. 43
515.89
24, 505
23,847
2,187
2,079
1,961
1,825
1,996
1,549
1,554
1,998
1,888
1,696
1,629
' 1,234
1,316
6,515
10, 397
7,593
5,922
10, 697
7,228
511
1,099
577
490
1,015
574
487
910
564
431
834
560
491
865
640
322
640
587
307
645
602
454
814
730
430
798
660
390
773
533
340
823
466
'266
'643
••325
270
721
325
36, 921
108, 620
116, 664
9,521
9,806
9,577
9,642
10, 421
9,375
9,2ll
10, 179
9,765
10, 197
10, 844
120. 40
131. 10
133. 36
123. 59
117.47
123. 99
124. 71
123. 84
144
131
156
115
96
125
184
140
124
153
118
84
130
175
144
124
158
118
88
134
184
140
129
151
109
82
129
182
144
134
150
120
98
148
127
161
120
83
116
197
71.8
1.0
69
2.1
9.3
9.8
67.4
7.0
50
1.8
8.8
7.3
70
63
51
38
52
60
9 2
11 3
24
3.6
10 0
7.5
4.0
7 6
54
89
91
30
3.3
4.8
4.5
4 0
4 2
4.6
57
39
29
9
9
1 I
16
12
15
14
17
1 7
3.4
2.6
3.1
3.5
3.4
2.5
3.0
3.7
2 2
31.0
36.4
40.2
38.5
31.9
25.0
31.3
38.6
26.7
t Revised seasonally adjusted data for 1958-64 will be shown later.
§ Data include guaranteed direct loans sold.
36
31
4.0
9
2.8
22.9
mil. $_. 1,367.13 1,455.63
111.78
115. 44
108. 72
112.28
124.04
DOMESTIC TRADE
ADVERTISING
Printers' Ink advertising index, seas, adj.:
Combined index. __
_
_ _1957-59=100
Business papers
do
IVIagazines
do
Newspapers
do
Outdoor
do
Radio (network)
do
Television (network)
do
Television advertising:
Network (major national networks) :
Net time costs, total. __
mM. $
Automotive, incl. accessories
do
Drugs and toiletries
do
Foods, soft drinks, confectionery
do
Soaps, cleansers, etc
do
Smoking materials _.
_ •
do
All other
do
Spot (natl. and regional, cooperating stations) :
Gross time costs total
mil $
Automotive, incl accessories
do
Drugs and toiletries
do
Foods, soft drinks, confectionery
do
Soaps, cleansers, etc
do
Smoking materials
do
All other
_ _
do
Magazine advertising (general and natl. farm magazines):
Cost, total
mil $
Apparel and accessories
do
Automotive, incl accessories
do
Building materials
do
Drugs and toiletries
do
Foods, soft drinks, confectionery
do
125
112
136
103
89
103
157
136
122
147
109
92
108
175
1, 145. 9
96 5
360 6
209.5
103 2
146.8
229.2
1,260.3
99.1
409 2
234.8
112.0
145.4
259.8
269.2
16 3
91 0
52 0
26 8
29.3
53.8
401 5
44 4
123 9
67 3
28 6
46 7
90 6
354. 5
24.0
116.3
72.2
30.3
41.1
70.6
1 016 0 1 075 5
38.5
38 9
192.9
207.4
377.7
352.7
100 4
98 5
50.2
48.7
283.2
302.4
948 3
10 1
51 1
82 7
26 4
10 5
67 5
303 9
10 6
56.4
107.1
25 8
11.5
92.5
290.2
12.9
57.0
107.8
26.3
12.7
73.6
1 076.9
64.8
111 7
30 4
115.9
133.9
141
129
160
108
91
89
178
138
126
145
113
78
118
183
138
126
147
112
97
126
174
65 3
6.6
4 4
17
8.0
8.5
90 0
10.1
36
30
10.1
9.3
120 5
8.0
16 9
32
12.0
13.1
Beer wine liquors
do
32
58 3
69 3
71 5
Household equip supplies furnishings do
34
71 7
Industrial materials
do
3.1
48 4
50.5
Soaps, cleansers etc
do
16
21 7
16 0
Smoking materials
do
41.6
3.5
38.3
Allotlier._
,_
do___
365.6
320.9
21.3
r
l
Revised.
Index as of Oct. 1,1966: Building, 125.0; construction, 136.5.
? Copyrighted data; see last paragraph of headnote, p. S-l.
9 Includes data for items not shown separately.
5 2
60
50
16
3.4
32.7
7 3
85
6 5
2 2
3.9
38.8
996 8
61.8
110 7
27 1
108 9
134.8
143
131
151
112
108
110
187
117 8
59
15 2
2 2
12 3
14.3
142
121
159
111
109
102
182
91 5
3.9
7 2
12
11.9
11.1
64 6
17
88
16
66
7.7
83.1
4.0
11 2
2.3
9.1
10.7
101 9
6.8
11 5
34
10.8
12.2
J99
183
309.0
21.3
91.6
62.1
31.5
32.5
70.0
112.4
9.2
12 5
4 7
11.1
10.9
110.4
6.7
11 8
3.9
12.0
10.6
93.0
2.5
92
3.4
12.7
10. 8
SURVEY OF CUEEENT BUSINESS
October 1966
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1964
| 1965
S-ll
1966
1965
Annual
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
254.9
80.3
174.6
14.6
7.4
18.9
133.7
273 0
81 6
191.4
14 8
4 6
20 1
151 9
Sept.
DOMESTIC TRADE—Continued
ADVERTISING— Continued
Newspaper advertising linage (52 cities) :
Total
mil.
Classified
_ _ _ _ _ __
.,
Display, total
Automotive
Financial- _ _ _
General.
Retail
lines
do
do _
do
do
do _
do
2 973 5 3 164 6
865. 6
787 1
2, 186 3 2, 298. 9
170 4
159 7
63.4
60 9
288.5
292 5
1 673 2 1,776 7
261 4
79 1
182 3
13 3
39
18 1
147 1
271 9
72 9
198.9
13 2
46
27 4
153 8
296 3
78 4
217 9
18 8
54
30 6
163 2
292 4
71 8
220 7
14 6
52
28 7
172 2
285 4
62 0
223. 4
9 6
54
22 9
185 6
240 0
73 7
166 3
12 8
7g
18 8
126 8
231 0
69 5
161.5
13 1
4 7
22 1
121 7
282 3
79 4
202.9
16 2
59
26 0
154 8
282 4
81 6
200 8
16 0
66
27 2
151 0
308 9
87 0
221.8
18 7
55
31.5
166 2
289.1
80.9
208.3
18.4
6.7
27.8
155.4
283, 950
22 989
22 732
25 067
25 158
30 601
22 054
21, 260
24, 712
25 477
24 763
25, 950
RETAIL TRADE
All retail stores: f
Estimated sales (unadj.), total f
mil. $
261 630
r
25, 329 r 25 434 124 573
do
do _
do
do
84 173
48 730
45, 799
2,931
93 718
56, 266
53, 217
3,049
7 448
4 243
3,984
259
7 082
3 784
3,540
244
8 413
4 994
4,719
275
8 390
4 954
4,689
265
8 976
4 835
4,516
319
6 985
4 300
4,089
211
6 998
4,366
4,166
200
8 606
5 430
5,169
261
8 372
5 138
4,848
290
8 069
4 787
4,499
288
8, 776
5,233
4,904
329
r
8
r
4
r
Furniture and appliance group 9
Furniture, homefurnishings stores
Household appliance, TV, radio
do
do
do_ _
13, 090
8,079
4,199
13, 737
8,538
4,223
1,139
724
347
1,201
712
393
1,272
790
394
1,318
819
397
1,619
941
546
1,058
645
342
1,015
614
335
1,150
714
368
1,097
699
336
1,129
714
348
1,229
765
392
' 1, 239 ' 1, 298
751
815
r
423
406
Lumber, building, hardware group
Lumber, bldg. materials dealerscf
Hardware stores
do
do
do
11,340
8,690
2 650
12, 115
9,302
2 813
1,119
889
230
1,102
865
237
1,132
885
247
1,098
846
252
1 084
729
355
817
619
198
774
594
180
980
762
218
1,038
794
244
1 083
824
259
1,159
900
259
r
Nondurable goods stores 9 do
177 457
Apparel group
do
15 282
Men's and boys' wear stores.do
3,121
Women's apparel, accessory stores _ _ _ d o _ _ _ _
5,944
Family and other apparel stores
do__
3,626
Shoe stores
do
2 591
190 232
15 752
3, 258
6,243
3, 680
2 571
15 541 15 650
1 173 1 324
226
'250
496
443
309
348
230
195
16 654
1 360
280
553
310
217
15 069 14 262
1 15? 1 009
200
249
428
466
213
244
168
193
16 106
1 277
225
544
275
233
17 105
1 456
268
604
305
279
16 694
1 341
262
563
285
231
Durable goods stores 9
__
Automotive group
Passenger car, other auto, dealers
Tire, battery, accessory dealers
Drug and proprietary stores
Eating and drinking places
Food group
__ __
Grocery stores
Gasoline service stations
16 768 21 625
1 455 2 418
299
554
602
992
341
566
213
306
162 r 8 201 i 7 457
755 r 4 657 i 3 884
4, 424
4,344
'331
313
1, 116
'870
17 174 '17 167 r!7 233 117 116
1 373 r i 253 r i 384 1 1 d.V\
'261
299
274
r
539
492
532
r
307
296
344
r 204
235
2^7
8,613
19,577
62 864
57 272
20 269
9,335
21, 423
66 920
61 068
21 765
757
1,984
5 453
4 956
1 926
759
1,856
5 498
5 017
1 820
798
1,878
5 962
5 448
1 884
786
1,747
5 577
5 072
1 849
1,089
1,881
6 559
5 977
1 889
778
1,708
5 600
5 127
1 815
752
1,618
5 348
4 874
1 667
798
1,809
5 808
5 297
1 827
824
1,901
6 075
5 559
1 898
819
1,965
5 747
5 240
1 947
829
2,071
5 979
5 464
2 002
General merchandise group 9
do
Department stores.
do
Mail order houses (dept. store nidse.) _ do
Variety stores
do
Liquor stores
do
32,350
20 809
2,402
4,948
6,011
35,840
23 421
2^581
5 320
6, 305
2,865
1 863
212
426
497
2,962
1 942
223
422
505
3,122
2 035
225
448
533
3, 600
2 344
328
484
561
5, 644
3 745
358
888
826
2,375
1 564
'l66
313
4%
2,285
1 474
'l66
335
470
2,887
1 892
218
393
496
3,080
2 007
198
460
541
3,034
9 003
'202
429
530
3,208 ' 2, 965 ' 3, 267
2 141 r i 924 r 2 114
179
192
229
r 43Q
454
469
T 558
543
533
24 194
24 647
24 816
25 023
25 263
25 536
24 949
24 475
do___
7 506
4 288
4 017
271
8 056 r 8 106
4*771 r 4 754
1 202
741
379
1 183
734
372
1 208 T i 258
'74.C
771
007
r 429
1 269
781
411
1 150
895
255
1 034
797
237
990
752
238
1 006 r i 007
764
769
OV7
r 243
1 010
770
16 887
1 377
277
569
299
232
17 010
1 389
279
579
308
223
16 969
1 406
283
578
313
239
17 256
1 7 *W(\
806
1 915
5 879
5 359
1 907
816
1 935
5 917
5 391
1 907
843
1 924
5 981
5 467
1 927
831
1 910
5 931
5 431
1 920
3 230
2 119
243
451
560
3 225
2 127
223
457
561
3 225
2 119
220
459
559
3 194
2 099
224
453
564
3 213
2 113
216
467
560
8 092
4 776
4 509
267
8 252
4 953
4 714
939
8 324
4 884
4 610
274
8 399
4 995
4 718
277
8 649
5 121
4 822
299
7 939
4 580
4 302
278
Furniture and appliance group 9
Furniture, homefurnishings stores
Household appliance, TV, radio
do
do _
do
1 127
706
353
1 184
716
389
1,221
749
380
1 218
756
366
1 207
735
378
1 208
759
378
1 220
730
405
1 249
765
405
Lumber, building, hardware group
Lumber, bldg. materials dealers cf
Hardware stores
do
do
do
1,002
768
234
1,002
765
237
1,021
775
246
1 074
819
255
1 070
825
?45
1 149
896
253
1 114
862
252
15 830
1 306
271
500
327
208
15 985
1 343
278
508
344
213
16 3°9
1 321
276
535
290
220
16 555
1 384
'280
566
311
227
16 564
1 340
269
560
297
214
16 699 16 864
1 417 1 450
289
289
570
594
318
327
940
240
779
1,807
5, 568
5 078
1 820
794
1,814
5,586
5 097
1 827
816
1,825
5,788
5 271
1 843
818
1 810
5,757
5 235
1 860
828
1 875
5 956
5 432
1 838
806
1 879
5 783
5 ^ 78
1 907
2 988
1 961
211
448
513
3 043
1 982
223
452
530
3 055
1 978
220
459
531
3 199
2 087
235
469
543
3 069
2 019
9
09
433
533
25 394
4. 4.7Q
292
17 ^13Q
1 AKn
9QK
KCO
041
4^4
301
584
351
COC
302
94O
1 508
' 320
598
354
93(3
Qfi7
r g44
r \ 99g
r 5 43^
r 1 9^8
5
1 Q97
r 3 365
3 340
2 186
2ig
484
1
5 975 r 5 924
o
OCR
r 2 201
234
572
32, 743
14, 317
6,615
2,396
2,520
32, 527
13,623
5,945
2,426
2,529
33,708
14, 016
6,344
2,419
2,526
34, 771
14, 533
6,772
2,502
2,525
32,903 33, 103
14, 433 14, 923
7 189
7 541
2,312
2 312
2,427 2,462
34, 148
15, 480
7 951
2 307
2,504
35, 285
15, 916
8 123
2 372
2,587
35, 699
16,118
8 218
2 480
2,602
35, 977
16, 602
8 552
9 535
2, 634
35 883
16 629
Nondurable goods stores 9 _ _
.do
Apparel group
do
Food group. _ ..
do
General merchandise group _ _ _ _do
Department stores
do
17, 327
3,432
3,822
5,381
3,174
18, 470
3 677
4, 074
5,831
3,466
18, 426
3 930
3,735
6,025
3,517
18,904
4,141
3,720
6,309
3,693
19, 692
4 213
3,892
6,749
4,023
20, 238
4 266
3,982
6,920
4, 175
18, 470
3 677
4 074
5,831
3,466
18, 180
3 544
3 959
5,933
3,442
18 66^
3 753
3 945
6 071
3,546
19 369
3 939
4 033
6 432
3, 787
19 581
3 951
4 079
6 543
3,887
19 375
3 910
4 056
6 445
3,837
1Q 9*vi
31, 130 33, 957 33, 360 33, 045 33,296
Book value (seas, adj.), total t
do
Durable goods stores 9
do
13, 136
34,782 14, 819 14, 621 14, 782
Automotive group
do
7,036
7,250
5,645
7,213
7,329
2,272
Furniture and appliance group
do
2,359 2,401 2,393 2,335
2.562
Lumber, building, hardware group. __do_.
2,534
2.550
2.507
2.512
T
Revised.
i Advance estimate.
fRevised series. Data reflect use of new sample
(effective with data for Oct. 1965) based on definitions and classifications according to the
1963 Census of Business. See p. 20 ff. of the Feb. 1966 SURVEY for data back to 1959 for mfg.
and trade inventories, total and retail inventories. See p. 18 ff. of the April SURVEY for
inventory-sales ratios, mfg. and trade sales, total, and retail sales back to 1959 (revised ac-
33, 533
14, 774
7,304
2,3S3
2.563
33, 957
14, 782
7 329
2,359
2.512
34, 113
14, 949
7 315
2,398
2.541
34 *97
15,113
7 361
2 383
34 556
15, 201
7 365
9 389
2. 532
34 737
15, 336
7 484
2 458
35 266
15, 813
7 768
2 530
35 595
15 927
2. 558
r 1
r
r
r
4
r 228
32, 903
14, 433
7,189
2, 312
2,427
9 S39
r 304
r
941
30, 181
12,854
5,578
2,227
2,461
2 SSS
r 4 4QQ
QAQ
Estimated inventories, end of year or month: t
Book value (unadjusted), total f
mil. $__
Durable goods stores 9 do
Automotive group _ _ _ _ _ _ _ do
Furniture and appliance group
do
Lumber, building, hardware group _ _ do
1 4fi
25 fj54
7 865
4 614
4 345
269
General merchandise group 9
do
Department stores
do
Mail order houses (dept. store mdse.) _do _
Variety stores..
do
Liquor stores
.
do
3, 214
2
1 8 *-l(¥\
7 755
4 660
4 402
258
_
1 fiQ9
1
8 397
4 938
7 768
4 658
4 398
260
do
do
do__._
do
do
1830
1,994
611n
25 657
23 753
do
do _
do
do
Drug and proprietary stores
Eating and drinking places
Food group
Grocery stores
Gasoline service stations _ _ _
'828
'823
' 2, 219 ' 2, 199
T 5 990
T 5 750 r c A i n
r 2 056 r 9 050
r 6 262
25 362
23,585
Durable goods stores 9
-.
Automotive group
Passenger car, other auto, dealers
Tire, battery, accessory dealers
Nondurable goods stores 9
do
Apparel group
_ do
Men's and boys' wear stores
do
Women's apparel, accessory stores _ _ _ d o _ _ _
Family and other apparel stores
do
Shoe stores
do _
1,255
1 151
912
939
r 246
do
do
do
do
do
Estimated sales (seas, adj.), total f
1
2
cq/»
2 609
4
1 ClA.
fi 5Q1
3 792
7 Q09
2 547
9 K49
r 481
r 549
837
1 ggg
5 958
AKQ
1 930
KAA
35, 498
16, 279
8 205
2 548
2,541
34, 502
14, 775
6 680
2 549
2,533
19 219
3 844
4* 099
6 407
3,824
19 7^7
4 094
4' 122
6 615
3,955
35
15
7
2
35 263
15, 390
7 397
2 538
479
742
668
568
9 *1Q
9 598
counts receivable data prior to Oct. 1965 are not presently available). Complete details appear in the Monthly Retail Trade Report, Jan. 1966 and subsequent issues, available from the
Bureau of the Census, Wash., D.C., 20233. 9Includes data not shown separately, cf Comprises lumber yards, building materials dealers, and paint, plumbing, and electrical stores.
SURVEY OF CURKENT BUSINESS
S-12
1964
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1965
October 1966
1966
1965
Annual
Aug.
Sept.
Nov.
Oct.
Jan.
Dec.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
All retail storesf— Continued
Estimated inventories, end of yr. or mo. f— Con.
Book value (seas, adj.)— Continued
Nondurable goods stores 9
mil. $
Apparel group
do
Food group
__
do
General merchandise group
do_
Department stores
do
17, 994
3,613
3,857
5,809
3,410
19, 175
3,871
4,111
6,289
3,718
18, 541
3,899
3,815
6,048
3,553
18, 424
3,903
3,735
6, 004
3,503
18, 514
3,848
3, 812
6,040
3,542
18, 759
3,867
3,896
6,092
3,608
19, 175
3,871
4,111
6,289
3,718
19,164
3, 844
4,027
6,501
3,803
19, 314
3, 917
3,981
6,443
3,805
19, 355
3,904
4,012
6,479
3,802
19,401
3,915
4, 019
6,523
3,875
19, 453
3, 966
4,040
6,508
3,869
19, 668
4,000
4, 091
6,625
3,975
19, 737
4,059
4, 144
6,630
4,021
19, 873
4,054
4,202
6,662
4,023
Firms with 11 or more storesrf
Estimated sales (unadj.), total 9 1
68,306
73,454
5,899
6,092
6,432
6,591
9,275
5,494
5, 256
6,214
6, 661
6,291
6,608
6,511
6,565
4,287
531
1,622
1,155
2, 029
1,677
1,126
4,445
557
1,656
1,168
2,300
1, 891
1,193
337
36
125
89
183
172
99
376
41
139
106
187
168
102
390
52
145
96
197
169
109
412
53
153
98
196
155
110
679
94
263
154
318
167
135
288
40
102
81
185
163
86
263
31
99
73
179
155
86
361
37
135
104
199
187
105
420
45
158
125
207
183
96
373
42
145
102
206
187
100
388
48
144
107
217
197
107
324
39
123
87
216
196
108
377
40
141
97
212
189
111
23, 645
15, 807
3, 770
26, 198
26,112
17,593
4,096
27,725
2, 135
1,431
328
2,142
2, 188
1,480
326
2,249
2,260
1,522
347
2, 451
2,615
1,743
386
2,241
4, 070
2,751
701
2, 831
1,707
1,162
244
2, 311
1,636
1,087
262
2,216
2,095
1, 416
316
2, 416
2,236
1,511
368
2,631
2,220
1,516
341
2,336
2,361
1,629
363
2,441
2,168
1,474
342
2,630
2,383
1,605
371
2,414
1,242
1,312
Apparel group 9
-Men's and boys' wear stores. _
Women's apparel, accessory stores
Shoe stores
Drug and proprietary stores
Eating and drinking places
Furniture and appliance group
-- --do
do
do __
do
do
__do _
do
do
General merchandise group 9
Dept stores excl. mail order sales
Variety stores
Grocery stores
Lumber yards bldg materials dealers d1
Tire battery accessory dealers
do
do
do
do
do
do
114
108
121
I08
134
93
84
116
124
124
137
134
120
do
6,162
6,248
6,209
6,373
6,445
6,475
6,598
6,610
6, 574
6, 536
6,702
6, 664
6,729
do
do
do
do
do
do
do
371
47
133
97
194
160
375
47
139
97
198
163
382
49
146
99
204
164
383
46
139
104
203
160
374
45
143
100
206
168
392
49
146
106
199
180
407
47
156
104
205
179
386
43
144
106
208
193
382
45
150
100
213
184
382
43
146
102
215
181
402
48
149
108
224
187
386
47
144
103
222
182
405
51
147
103
223
175
General merchandise group 9
do
Dept stores excl mail order sales
do
Variety stores
do
Grocery stores
_
__do
Lumber yards bldg. materials dealers d1 do
Tire battery, accessory dealers
do
2,216
1,506
342
2,303
2,250
1,515
348
2,323
2,203
1,469
353
2, 339
2, 342
1,577
371
2,325
2,217
1,516
342
2,499
2, 330
1,564
362
2,378
2,392
1,625
366
2, 422
2, 363
1,587
371
2,421
2,295
1, 553
359
2,506
2,336
1,576
370
2,449
2, 430
1,652
385
2, 491
2, 425
1,643
377
2, 517
2,417
1,650
380
2, 544
114
116
120
107
94
123
120
136
120
117
121
124
117
18, 193
7,120
11, 073
8,269
9,924
16, 780
6,926
9,854
7,907
8,873
17, 166
6,943
10, 223
8,040
9,126
18, 193
7,120
11, 073
8, 269
9,924
17, 486
6,838
10,648
7,786
9,700
16, 912
6, 583
10, 329
7,471
9, 441
16, 865
6,578
10, 287
7, 533
9, 332
17,065
6,606
10, 459
7,778
9,287
17,520 r 17, 774
6,894 r 7, 163
10, 626 '10,611
8, 113 '8,296
9,407 r 9, 478
17, 368
6, 972
10,396
7, 942
9,426
17, 034
6,916
10, 118
7 833
9 201
16, 824
6,722
10, 102
7,825
8,999
17, 180
6,891
10, 289
7,965
9,215
17, 034
6,916
10, 118
7, 833
9,201
17, 207
7,039
10,168
7,842
9,365
17,419
7,020
10, 399
7,881
9,538
17, 418
6,954
10, 464
7,895
9,523
17,306
6,835
10, 471
7,812
9,494
17, 481 r 17, 721
6, 941 r 7, 001
10, 540 '10, 720
7,954 '8,210
9,527 ' 9, 511
17, 516
6, 802
10,714
7,957
9, 559
196.84
Estimated sales (seas adj ) total 9 1
Apparel group 9
Mien's and boys' wear stores
Women's apparel accessory stores
Shoe stores
Drug and proprietary stores
Eating and drinking places
Furniture and appliance group
All retail stores, accounts receivable, end of yr. or mo. :
Total (unadjusted) f
mil. $
Durable goods stores
do
Nondurable goods stores
do
Charge accounts
do
Installment accounts
do
Total (seasonally adjusted)!
Durable goods stores
Nondurable goods stores
Charge accounts
Installment accounts
do
do
do
do
do
Department stores:
Ratio of collections to accounts receivable:
Charge accounts
____percent._
Installment accounts
do
Sales by type of payment:
Charge account sales
Installment sales
do
do
49
17
49
18
49
18
50
18
50
18
50
18
52
18
48
18
43
39
18
43
38
19
44
38
18
42
39
19
42
40
18
43
39
18
46
37
17
43
36
21
EMPLOYMENT AND POPULATION
POPULATION
Population, U.S. (inch Alaska and Hawaii):
Total, in cl. armed forces overseas_____ _
mil__
EMPLOYMENT
Noninstitutional population, est. number 14 years
of age and over, total, unadj _ _
_ _ _ _ _ mil
1
195. 45
196. 00
196. 16
196. 34
196. 50
137. 04
137. 23
137. 39
137.56
137.74
137. 91
138. 10
138.28
138. 44
138.65
138. 84
78, 713
75, 953
73, 196
4,954
68, 242
78, 598
75, 803
72, 837
4,128
68, 709
78, 477
75,636
72, 749
3,645
69, 103
77, 409
74, 519
71,229
3, 577
67,652
77,632
74, 708
71, 551
3,612
67, 939
78, 034
75, 060
72, 023
3,780
68, 244
78, 914
75, 906
73, 105
4,204
68, 900
79,751
76, 706
73, 764
4,292
69, 472
82, 700
79, 601
75, 731
5,187
70, 543
82, 771
79, 636
76, 411
5,010
71, 402
82, 468
79, 290
76, 369
4,707
71,662
80, 052
76, 823
74, 251
4,373
69, 878
2,757
588
3.6
58, 149
75, 846
72, 561
4,551
68, 010
3,285
2, 966
531
3.9
58, 445
76,111
72,914
4,273
68, 641
3,197
2,888
600
3.8
58, 749
76,567
73, 441
4,486
68, 955
3,126
3,290
678
4.4
59, 985
76,754
73, 715
4,429
69, 286
3,039
2,802
779
3.7
58,994
76, 666
73, 799
4,482
69, 317
2,867
476
435
2, 921
385
3.7
56, 180
77, 371
74, 338
4,158
70, 180
3, 033
579
603
3, 870
466
4.9
55, 575
77, 086
73, 997
4,238
69, 759
3,089
2,573
417
3.3
58, 787
77, 113
74, 165
4, 049
70, 116
2,948
588
2, 942
602
3.8
58, 349
76, 268
73, 231
4,076
69, 155
3,037
3, 225
373
4.0
55, 673
77,098
74, 072
4,144
69,928
3,026
661
3, 037
749
4.0
59,707
76, 341
73, 435
4,363
69,072
2,906
660
3, 158
685
4.2
59, 930
76, 355
73,521
4,442
69, 079
2, 834
451
499
4.1
2.6
4.0
4.0
2.6
3.8
3.7
2.6
3.6
3.8
2.6
3.6
3.7
2.4
3.6
4.0
2.4
4.0
4.0
2.6
3.9
3.9
2.6
3.7
3.9
2.5
3.9
3.8
2.4
3.8
194. 79
195. 01
195. 24
134. 14
136. 24
136. 47
136. 67
136. 86
__thous__
do
do
__do
do
76, 971
74, 233
70, 357
4,761
65, 596
78, 357
75, 635
72, 179
4,585
67 594
80, 163
77, 470
74,212
5,136
69, 077
Unemployed (all civilian workers)
do____
Long-term (15 weeks and over) _ _ _ _ _do
Percent of civilian labor force
Not in labor force.-. _
_
thous
Civilian labor force, seasonally adj©
do
Employed, total
do
Agricultural employment
do
Nonagricultural employment
do
Unemployed (all civilian workers)
do
Long-term (15 weeks and over)
do
Rates: f
All civilian workers
Men, 20 years of age and over
Women, 20 years of age and over
Both sexes, 14-19 years of age___
3, 876
973
5.2
57, 172
3,456
755
4.6
57, 884
3,258
612
4.2
56, 310
75, 772
72, 387
4,572
67, 815
3,385
2,875
609
3.8
58, 626
75, 611
72, 297
4,418
67, 879
3,314
717
728
697
644
5.2
3.9
5.2
4.6
3.2
4.5
4.5
3.1
4.4
4.4
3.0
4.2
4.3
2.9
4.2
4.2
2.8
4.3
14.7
13.6
12.9
13.2
13.2
r
Revised.
1 As of July 1.
fSee corresponding note on p. S-ll.
9 Includes data not shown separately.
tf Comprises lumber yards, building materials dealers, and paint, plumbing, and electrical
stores.
197. 22
195. 83
1 194. 57
78,044
75, 321
72, 446
4,778
67, 668
Total labor force, incl. armed forces. _
Civilian labor force, total
Employed, total
_ _
Agricultural employment
Nonagricultural employment
197.02
195. 64
192. 12
12.3
12.9
12.0
10.9
11.7
12.0
536
13.4
196. 67
12. 3
12.2
11.6
12.2
© Effective with the Feb. 1966 SURVEY, data reflect revised seasonal factors; comparable
data for earlier periods appear in the Feb. 1966 BLS report, Employment and Earnings and
Monthly Report on the Labor Force, GPO, Wash., D.C. 20402.
1 Unemployed in each group as percent of that group.
SURVEY OF CURRENT BUSINESS
October 1966
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1964
|
1965
1966
1965
Aug.
Annual
S-13
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.*
EMPLOYMENT AND POPULATION—Continued
EMPLOYMENT— Continued
Employees on payrolls (nonagriculturalestab.):!
Total, unadjusted!
thous__
58,332
60, 770
61,324
61,863
62, 141
62, 392
63,038
61,439
61,622
62,243
62,928
63, 465
64,563 '64,274 '64, 482
64, 880
M anuf acturing establishments _ _
_ _ . do
Durable goods industries
.
do
Nondurable goods industries
_
do
17,274
9 816
7 458
18,032
10 386
7 645
18, 263
10 418
7,845
18,477
10 614
7,863
18,461
10, 627
7,834
18, 496
10, 693
7,803
18,473
10, 727
7,746
18, 333
10,707
7,626
18, 518
10, 822
7,696
18, 651
10, 921
7,730
18, 774
11, 039
7,735
18,906
11, 130
7,776
19, 258 '19, 123 '19, 398
11,319 '11,213 '11, 256
7,939 ' 7, 910 ' 8, 142
19, 524
11, 418
8,106
634
80
147
291
632
84
142
288
644
86
139
294
631
84
135
287
633
83
143
284
635
85
144
285
632
84
143
287
621
84
142
284
617
84
142
282
620
84
141
282
590
84
104
281
630
85
141
281
3,050
3,951
3,181
4,033
3,541
4,099
3,460
4,113
3,431
4,104
3,167
4,087
2,940
4,026
2,818
4,035
2,981
4,056
3,156
4,077
3,277
4,115
756
267
735
268
749
252
740
270
735
272
3,341
4,092
730
274
715
274
708
273
708
273
712
269
715
268
1,000
239
742
623
992
242
743
626
953
241
743
625
961
245
746
623
970
247
751
625
974
251
758
627
990
254
762
628
'649
642
3,521 ' 3, 623 ' 3, 636
4,180 ' 4, 171 ' 4, 150
'730
728
728
3,520
4,208
645
88
142
288
Mining, total 9 _
- _ • • • • '
Metal mining
_
Coal mining
Crude petroleum and natural gas
do
do
do
do
Contract construction
Transportation and public utilities 9 ___
Railroad transportation
Local and interurban passenger transit
do
do.
do
do
Motor freight trans and storage
Air transportation
Telephone communication
Electric gas and sanitary services
do
do
do
do
919
213
706
615
963
230
735
625
983
233
754
644
999
235
743
635
1,004
Wholesale and retail trade
Wholesale trade...-. __ _ _ _
Retail trade
Finance, insurance, and real estate
Services and miscellaneous
Government
do
do
do
do
do
do
12, 160
3,189
8 971
2,957
8,709
9 596
12, 683
3,317
9,366
3,019
9,098
10 091
12, 679
3,372
9,307
3,075
9,271
9,752
12, 750
3,370
9,380
3,045
9,235
10, 152
12, 852
3,388
9,464
3,038
9,263
10, 359
13, 078
3,394
9,684
3,033
9, 245
10, 472
13, 762
3,415
10, 347
3,034
9,245
10, 638
12,835
3,371
9,464
3,018
9,176
10, 490
12, 738
3,367
9,371
3,024
9,250
10, 622
12, 826
3,374
9,452
3,043
9, 331
10, 735
13, 015
3,386
9,629
3,056
9,465
10, 795
13, 061
3,400
9,661
3,070
9,572
10, 834
13,239 ' 13, 225 '13, 224
3,473 ' 3, 511 ' 3, 516
9,766 r 9, 714 ' 9, 708
3,112 ' 3, 148 ' 3, 146
9,702 ' 9, 782 ' 9, 766
10, 906 '10, 557 '10, 513
13, 245
3,484
9,761
3,100
9,700
10, 941
Total , seasonally adjustedf
._ _
Manufacturing establishments. _ _ _
Durable goods industries
Ordnance and accessoriesLumber and wood products. _ _ _ _
Furniture and
fixtures
Stone, clay, and glass products. __
Primary metal industries _
do
do
do
do
do
do
do
do
58,332
17,274
9,816
244
604
60,770
18, 032
10,386
226
610
61, 021
18, 129
10, 483
228
609
61, 180
18, 157
10, 508
230
608
61, 437
18, 242
10, 550
232
611
448
63, 350
18, 923
11,065
249
633
451
456
614
1,233
627
1,296
626
1,319
630
1,309
632
1,292
635
1,280
642
1,284
648
1,290
646
1,295
649
1,300
647
1,307
643
1,315
63, 983 '64, 072 '64, 196
19, 167 '19, 128 '19,268
11, 220 '11,210 '11, 329
'257
260
257
'622
'621
628
'456
461
458
643
641
'637
1,338 ' 1, 355
1,333
64, 181
19,195
11, 306
263
616
429
446
63, 247
18, 840
11, 007
245
642
63,517
19, 002
11, 122
253
623
433
62, 469
18,566
10, 805
238
638
62, 811
18, 722
10,911
243
633
431
62, 241
18, 492
10, 725
232
626
428
61,864
18,392
10, 641
234
618
Fabricated metal products __ _ _
Machinery
Electrical equipment and supplies
do
do
do
1,189
1, 610
1,544
1,268
1,726
1,658
1, 274
1,741
1, 671
1,279
1,751
1,684
1,287
1,758
1,708
1,304
1,779
1,727
1,310
1,786
1,751
1,322
1,797
1, 773
1,332
1,810
1,805
1,344
1,818
1,824
1,345
1,827
1,860
1,341
1,846
1,877
1,348
1,865
1,904
1,346 ' 1, 361
' 1, 888 ' 1, 901
'1,903 ' 1, 944
1,354
1,900
1,939
1,604
1,738
1, 773
1,769
1,772
1,795
1,807
1,819
1,853
1,881
1,887
1,901
1,915
' 1, 888
'430
'439
1,931
Transportation equipment. _ .
do
Instruments and related products. .. do__
Miscellaneous manufacturing ind~_. do__
406
370
398
387
421
390
424
392
425
237
740
627
395
430
7,692
7,649
7,646
7,458
7,645
Nondurable goods industries. _. ___
do
1, 751
1,741
1,730
1, 750
1,752
Food and kindre d products
do
84
84
84
90
87
Tobacco manufactures
____db
926
929
924
892
921
Textile mill products
__
do
1,365
1,359
1,351
1,302
1,354
Apparel and related products
do.
646
644
641
626
Paper and allied products
do
640
989
985
985
952
Printing, publishing, and allied ind__do
981
916
914
914
879
906
Chemicals and allied products ___ do
182
182
182
184
182
Petroleum refining and related ind.._do
475
479
474
436
Rubber and misc. plastics products. _ do
472
351
350
350
348
Leather and leather products
__._do
351
622
627
Mining
_.
___
do
631
634
632
3,168
3,186
3,162
Contract construction
_
do
3, 181
3,050
4,071
4,064
4, 050
Transportation and public utilities.... _ do _
4,033
3,951
12, 683 12,717 12, 765 12, 809
Wholesale and retail trade
.
do
12, 160
3,041
3, 036
3,030
Finance, insurance, and real estate.—
do..
2,957
3,019
9,226
9,152
9,180
Services and miscellaneous
....do
8,709
9,098
Government
do
9 596
10 091 10, 150 10, 188 10,235
Production workers on mfg. payrolls, unadjusted:!
Total, unadjusted!
.
thous.. 12, 781 13, 413 13, 578 13,811 13, 793
Seasonally adjusted. _ _ _ _ _
do
13, 487 13, 503 13, 567
7,896
7,908
7,692
7,213
7,702
Durable goods industries, unadjusted- _ do
7,794
7,825
7,776
Seasonally adjusted
do
101
96
100
104
96
Ordnance and accessories
do
547
562
553
532
535
Lumber and wood products
do
366
359
364
337
356
Furniture and
fixtures
do
517
525
522
494
504
Stone, clay, and glass products
do
1,034
1,071
1,078
1,004
1,058
Primary metal industries
do
448
480
500
458
477
Blast furnaces, steel and rolling mills do
1,011
1,005
985
914
982
Fabricated metal products
do
1,222
1,205
1,221
Machinery
do
1,120
1,208
1,196
1,141
1,173
1,037
1,140
Electrical equipment and supplies _ _ _ do
1,287
1,142
1,268
Transportation equipment 9 __
do
1,120
1,238
688
561
674
579
660
Motor vehicles and equipment. _ do...
373
369
360
339
357
Aircraft and parts
__
do
255
251
255
234
247
Instruments and related products. do_.
371
351
361
318
337
Miscellaneous mfg. industries.
do..
5, 885
5,886
5,915
5,569
5,711
Nondurable goods industries, unadj____do
5,742
5,711
5,709
Seasonally adjusted ...
do
1,242
1,274
1,265
1,157
1,155
Food and kindred products. _ _ . do
89
89
80
Tobacco manufactures
do. _ . _
78
75
837
834
832
Textile mill products
.
do
798
823
1,231
1,226
1,232
Apparel and related products
do
1, 158
1,205
506
504
508
489
Paper and allied products
do..
498
633
624
628
622
602
Printing, publishing, and allied ind._ do
546
554
550
529
545
Chemicals and allied products
.do
114
116
115
Petroleum refining and related ind___do.___
114
112
88
89
89
Petroleum refining
do
90
88
378
369
375
336
Rubber and misc. plastics products. .do
367
308
315
Leather and leather products .
do
310
306
308
r
Revised.
*> Preliminary.
! Beginning in the Sept. 1966 issue of the SURVEY, data for employment, hours, earnings,
and labor turnover reflect adjustment to Mar. 1965 benchmarks; they are not strictly comparable with previously published figures. Details of the adjustment appear in the BLS
Sept. 1966 Employment and Earnings report; comparable earlier data will appear in the
727
271
437
442
247
1,029
260
778
644
792
',652
202
796
653
'1,919
'430
457
631
1,348
7,880
1,748
85
952
1,412
665
1,018
945
183
508
364
628
3,238
4,132
13, 164
3,076
9,515
10, 762
7,947 ' 7, 918 ' 7, 939
1,760 ' 1, 763 ' 1, 760
85
86
'80
'955
957
'959
1,424 ' 1, 388 ' 1, 395
674
679
677
1,026 ' 1, 031 ' 1, 035
'963
961
'970
186
183
'184
518
515
'520
361
'350
'359
632
'636
'636
3,300 '3,297
3,246
4,143 ' 4, 122 ' 4, 101
13, 217 '13, 256 '13 264
3,090 ' 3, 095 3,100
9,549 ' 9, 609 ' 9, 641
10 885 '10 929 '10 940
13, 775
13, 967
8,038
8, 123
13, 878
14, 048
8,113
8,190
13,969
14, 100
8,207
8,226
14, 074
14, 154
8,277
8,261
525
366
495
1,039
439
1,019
1,262
1,237
1,316
526
367
493
1,053
446
1,026
1,279
1,252
1, 338
532
371
502
1,064
456
1, 032
1,289
1,256
1,352
539
371
516
1,080
468
1,042
1,299
1,281
1,355
548
373
521
1,085
473
1,046
1,309
1,291
1,365
5,675
5,800
1,098
72
830
1,181
5,737
5,844
1,084
70
836
1,239
5,765
5,858
1,087
66
842
1,246
5,762
5,874
1,086
64
846
1,226
510
514
5, 797
5,893
1,093
62
850
1,242
640
561
110
87
388
315
645
568
112
88
391
311
646
570
114
88
393
312
14, 351 '14, 159 '14, 423 14, 569
14 281 '14 201 '14 337 14 255
8,419 ' 8, 277 ' 8, 311
8,484
8,328 ' 8, 293 ' 8, 404
8,378
119
'120
'123
127
574
'568
559
' 570
'374
380
385
387
530
'533
524
'533
1,102 ' 1, 104
1,108
1,103
487
490
484
1,061 ' 1, 035 ' 1, 059 1,064
1,326 ' 1, 324 ' 1 325 1,333
1,322 ' 1, 302 ' 1, 345
1,366
1,363 ' 1, 299 ' 1, 222 1,376
686
'609
526
675
'452
438
'458
466
277
280
'275
'279
358
'344
364
367
5,932 ' 5, 882 ' 6, 112
6,085
5,953 ' 5, 908 ' 5, 933
5,877
1,152 '1,200 ' 1, 285
1,292
63
62
80
'75
862
854
'844
'863
1,258 ' 1, 198 ' 1, 266
1,253
530
'534
528
528
653
'653
658
'657
577
580
'578
585
117
117
118
'118
90
90
90
90
400
410
407
395
317
318
'321
'306
7,767
1,758
86
939
1, 381
654
997
924
182
492
354
633
3,334
4,083
12,941
3,049
9,329
10, 380
7,761
1,758
85
942
1,356
657
1,003
927
182
494
357
635
3,318
4,091
13, 009
3,052
9,363
10, 435
7,811
1, 762
85
945
1,384
661
1,007
932
181
496
358
634
3,323
4,105
13, 045
3,051
9,410
10, 521
13,811
13, 706
7,959
7,905
13, 769
13, 779
7,980
7,973
13, 617
13,833
7,942
8,033
544
367
514
1,021
432
1,024
1,236
1,214
1,310
537
368
505
1, 029
434
1,024
1,253
1,233
1,320
5,852
5,801
1,204
78
839
1,230
5,789
5,806
1,146
79
836
1,222
509
511
507
636
546
112
88
384
312
638
547
111
88
387
313
633
548
110
87
385
311
697
396
259
350
247
1,031
'216
7,858
1,757
86
950
1,396
664
1,017
937
182
506
363
595
3,333
4,114
13, 128
3,068
9,484
10, 705
7,751
1,776
85
935
1,370
650
995
919
182
486
353
631
3,234
4,080
12, 880
3,045
9,282
10, 320
698
386
258
369
255
1,026
7,833
1,767
86
948
1,386
662
1,009
936
181
500
358
637
3,419
4,109
13, 085
3,064
9,463
10, 630
412
434
101
88
142
291
424
443
406
428
103
88
'140
'290
418
441
401
444
397
435
451
'645
107
679
405
261
316
110
688
413
264
329
507
638
553
110
87
384
316
415
438
112
690
422
267
336
113
686
430
268
344
117
692
435
271
351
515
428
443
440
431
436
7,889
1,747
77
950
1,387
671
1,032
965
183
518
359
633
3, 223
4,158
13, 260
3,091
9,642
10 979
forthcoming BLS Bulletin 1312-4, Employment and Earnings Statistics for the United States
1909-66 (Oct. 1966), to be available from the Superintendent of Documents, Government
Printing Office, Washington, D.C. 20402.
9 Includes data for industries not shown separately.
S-14
SURVEY OF CURRENT BUSINESS
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1964
1965
Annual
October 1966
1966
1965
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.*
EMPLOYMENT AND POPULATION—Continued
EMPLOYMENT— Continued
Miscellaneous employment data:
Federal civilian employees (executive branch) :
United States
thous
Wash., D.C., metropolitan area
do
Railroad employees (class I railroads):®
Total
do
Index, seasonally adjusted
1957-59=100__
2,375
251
2,400
252
2,429
255
2,462
256
2,482
258
2,560
274
2,604
277
2,608
276
645
75.5
633
70.3
631
'70.6
^631
71.3
*>636
71.8
^639
p 71. .6
P651
"72. 1
p654
^72.6
P 652
* 73.0
150.1
142.9
98.0
145.2
144.3
100.0
131.4
141.3
97.5
125.4
143.8
96.5
137. 9
145.3
97.7
145.1
146.8
87.4
152.6
149.0
102.5
171. 1 ••180.3 180.2
152.5 ••148.6 ' 152. 0
106.5 ' 105. 2 ' 106. 6
41.3
41.2
3.9
42.1
42.1
4.2
41.4
41.4
3.9
42.2
42.2
4.3
41.7
41.3
4.0
42.6
42.2
4.4
41.2
41.4
3.7
42.1
42.4
4.1
41.3
41.5
3.8
42.2
42.4
4.2
41.4
41.5
3.9
42.2
42.3
4.2
41.2
41.5
3.9
42.2
42.3
4.3
41.5
41.5
4.0
42.3
42.2
4.4
41.6
41.3
4.0
42.3
42.0
4.4
••41.0
'41.0
3.8
41.6
41.8
4.1
'41.4
'41.4
'4.0
'42.0
'42.1
'4.3
41.4
41.4
4.2
42.3
42.3
4.6
2, 317
244
2,347
251
2,376
256
2,341
251
2,352
251
683
75.8
652
73.4
666
74.2
656
74.3
652
74.6
644
75.1
132.4
124. 3
93.1
144.3
136.3
97.0
169.1
136.6
101.0
159.5
140.8
97.7
164.1
141.8
99.8
40.7
41.2
3.1
41.4
3.6
42.0
41.0
41.0
3.8
41.7
41.7
4.0
2,371 i 2, 512
1254
253
INDEXES OF WEEKLY PAYROLLS!
Construction (construction workers) t_1957-59=100__
Manufacturing (production workers) f _ _ _
do
Mining (production workers) f
do_ _ _
177.0
156.0
106.5
HOURS AND EARNINGS!
Average weekly gross hours per production worker
on payrolls of nonagric. estab., unadjusted:!
All manufacturing estab., unadj.t
.hours_.
Seasonally adjusted
do
Average overtime
_
do
Durable goods industries
_ _
do_
Seasonally adjusted
..do...
Average overtime
do
3.3
3.9
41.1
41.1
3.5
41.7
41.8
3.8
Ordnance and accessories
__doJ__
Lumber and wood products
do
Furniture and
fixtures
_ _ _
_ do _
Stone, clay, and glass products
do_
Primary metal industries
do
Blast furnaces, steel and rolling mills__do
40.5
40.4
41.2
41.7
41.8
41.1
41.9
40.8
41.5
42.0
42.1
41.0
42.0
41.4
42.0
42.5
41.8
41.0
41.9
41.0
41.7
42.3
41.7
39.9
42.5
41.4
42.2
42.3
40.9
38.2
42.4
40.8
42.0
42.3
40.7
37.8
43.0
41.2
42.7
42.2
41.4
38.5
42.7
40.9
41.0
41.6
41.9
40.1
42.3
40.4
41.2
41.4
42.0
40.3
41.9
40.6
41.5
42.1
42.1
40.6
42.1
41.1
40.9
42.1
42.3
41.2
42.3
41.7
41.4
42.3
42.4
41.2
42.2
41.2
41.8
42.5
42.4
41.3
'42.1
40.9
'40.7
••42.0
'41.6
'41.1
'42.1
'41.1
'42.1
'42.3
'42.1
40.9
42.7
40.6
41.9
42.3
42.6
Fabricated metal products
_ _
Machinery
Electrical equipment and supplies
41.7
42.4
40.5
42.1
43.1
41.0
42.1
42. 5
40.7
41.9
42.8
40.8
42.5
43.3
41.2
42.4
43.4
41.4
42.6
44.2
42.0
42.0
43.7
41.3
42.2
44.0
41.4
42.2
44.1
41.2
42.1
43.8
41.1
42.6
44.1
41.3
42.7
44.1
41.3
41.9
'43.1
40.5
42.4
'43.5
'41.1
42.7
43.9
41.5
42.1
43.0
41.4
40.8
39.6
42.9
44.2
42.0
41.4
39.9
41.4
41.6
41.7
41.4
40.1
41.8
42.3
41.5
41.6
40.0
43.4
44.7
42.3
41.9
40.4
43.8
45.4
43.1
42.0
40.4
44.1
45.3
43.7
42.0
40.5
43.3
43.7
44.0
42.0
39.6
42.9
43.2
43.6
42.2
40.2
42.7
42.9
43.4
42.2
40.4
43.0
43.7
42.9
41.9
39.7
42.4
42.0
43.6
42.3
40.1
42.5
42.3
43.4
42.2
40.1
'41.8
'41.3
'43.1
'41.6
39.2
'42.1
41.5
43.5
'41.6
'40.0
42.5
42.8
43.2
42.0
40.1
39.7
40.1
2.9
41.0
38.8
41.0
35.9
42,8
38.5
41.6
41.8
41.4
41.3
37.9
3.2
41.1
37.9
41.8
36.4
43.1
38.6
41.9
42.2
41.8
42.0
38.2
40.3
40.0
3.2
41.5
38.0
41.9
36.8
43.3
38.7
41.7
42.7
41.7
42.1
38.4
40.2
40.1
3.5
41.4
39.5
41.6
36.2
43.3
38.9
42.2
43.5
42.8
42.0
37.8
40.2
40.1
3.4
41.4
39.2
42.1
36.3
43.7
38.6
41.8
42.5
41.9
42.4
37.8
40.3
40.3
3.4
41.3
37.9
42.3
36.4
43.6
38.5
42.0
42.2
42.0
42.4
38.2
40.4
40.2
3.4
41.4
39.0
42.3
36.1
43.8
39.2
42.1
41.7
41.7
42.8
39.2
39.8
40.2
3.1
40.7
38.1
41.8
35.7
42.9
38.1
41.7
41.9
41.8
42.2
38.8
40.2
40.5
3.3
.40.8
39.6
42.3
36,6
43.1
38.5
41.9
41.6
41.6
42.1
39.2
40.2
40.4
3.3
40.5
38.3
42.3
36.9
43.3
38.8
42.0
41.9
41.9
42.0
38.5
39.9
40.3
3.3
40.4
38.1
41.4
36.1
43.2
38.6
42.4
42.6
42.6
41.9
37.8
40. 3
40.3
3.4
40.9
38.3
42.2
36.5
43.6
38.8
42,2
42.7
42.7
42.1
38.6
40.5
40.3
3.5
41.2
38.5
42.6
36.7
43.7
38.9
42.2
42.8
42.1
42.0
39.2
40.3
40.1
3.5
41.9
'37.6
'41.5
'36.3
43.5
' 38. 8
'42.0
'43.0
'42.4
'41.3
39.0
40.4
40.1
'3.5
'41.4
38.6
42.0
'36.9
43.6
39.1
'41.9
'42.1
'41.5
'41.9
'39.1
40.2
40.1
3.6
41.6
39.4
41.7
35.5
43.8
39.2
41.9
42.6
41.9
42.5
37.9
41.9
41.4
39.0
42.5
37.2
35.8
40.8
36.6
42.3
41.6
39.9
42.4
37.4
36.1
40.8
36.8
43.1
41.6
40.8
42.9
38.9
37.1
43.4
37.9
42.4
41.9
39.1
42.2
37.0
35.6
40.3
36.5
42.8
41.5
41.4
42.0
38.3
36.7
42.6
37.4
41.8
41.2
37.4
42.5
36.4
35.1
39.6
35.9
42.9
41.8
41.3
43.0
37.1
36.4
38.9
36.9
42.3
42.1
40.7
42.7
36.5
35.6
39.3
36.1
42.1
41.6
40.7
42.4
36.4
35.6
38.2
36.3
42.6
41.6
41.1
43.0
37.7
36.8
40.9
37.1
41.4
42.5
32.8
42.8
36.9
35.8
40.1
36.4
42.9
42.2
41.5
42.6
37.0
35.7
39.5
36.8
43.4
42.7
41.8
42.7
38.3
36.6
42.5
37.5
'43.1
'42.7
43.2
43.1
39.0
'37.1
'43.4
'38.1
'43.1
42.4
41.0
42.7
'38.4
36.8
42.3
37.7
42.0
42.5
42.0
41.8
37.1
40.8
35.9
42.2
42.7
40.5
41.5
37.7
41.2
36.6
41.7
41.6
39.9
41.6
37.1
40.8
35.9
41.8
42.3
40.6
41.6
37.0
40.7
35.8
41.9
42.0
40.3
41.0
36.9
40.7
35.7
42.2
41.7
40.1
41.1
36.9
40.6
35.7
43.0
42.0
40.3
41.2
36.9
40.7
35.6
43.0
43.1
40.7
41.2
37.3
40.7
36. 2
'42.6
'42.9
'41.2
'42.1
38.0
41.1
36.9
42.7
43.1
40.8
41.5
37.9
40.9
36.9
37.4
38.2
37.4
38.5
37.4
38.1
37.3
38.0
37.5
38.1
37.4
38.0
37.3
38.4
37.1
38.6
'38.1
38.6
37.9
38.2
Transportation equipment 9
Motor vehicles and equipment
Aircraft and parts
_ _ _
Instruments and related products
Miscellaneous mfg. industries
do _
do
do
do
do
do
do
_ do
Nondurable goods industries, unadj _ do
Seasonally adjusted
do
Average overtime
do
Food and kindred products
_ _ do
Tobacco manufactures
do
Textile mill products
do
Apparel and related products
do
Paper and allied products. _
- do
Printing, publishing, and allied ind- do
Chemicals and allied products _ _ do_ _
Petroleum refining and related ind
do
Petroleum refining _
_ __ _ _ _ do_ .
Rubber and misc. plastics products
do
Leather and leather products
do
Nonmanufacturing establishments: t
Mining 9 _ _ _ _ _ _
do__
Metal mining
do
Crude petroleum and natural gas
do
Contract construction _ _
_
do
General building contractors
do
Heavy construction
do
Special trade contractors
do
Transportation and public utilities:
42.5
42.6
42.1
42.3
Local and suburban transportation
do
42.0
43.1
43.2
43.2
42.5
Motor freight transportation and storage, do
41.9
40.9
40.4
40.4
41.3
40.2
Telephone communication
do
41.7
41.4
41.2
41.7
Electric gas and sanitary services
do
41.2
37.4
37.7
38.3
37.5
Wholesale' and retail trade
do
37.9
40.9
40.8
40.9
40.8
40.6
Wholesale trade
_______
. do
36.2
37.4
36.6
36.5
37.0
Retail trade
do
Services and miscellaneous:
37.9
37.9
38.9
38.4
37.7
Hotels tourist courts and motels
do
38.8
38.8
38.6
38.6
Laundries, cleaning and dyeing plants do
38.7
Average weekly gross earnings per production
worker on payrolls of nonagric. estab. :f
107. 53 106. 45 107. 83 109. 03
All manufacturing establishments f
dollars- _ 102.97
117. 18 115. 51 117. 18 118. 72
112. 19
Durable goods industries
_ do _
122. 72
131. 57 131.88 131.99 134. 73
Ordnance a n d accessories _ _ _ _ _ _
do_
91.91
88.54
91.02
91.49
Lumber and wood products
do
85.24
90.73
87. 98
89.46
89.66
84.46
Furniture and fixtures _ _
do
110. 04 111.35 112. 10 112. 94
Stone, clay, and glass products _ _ _ do_ _
105. 50
133. 88 132. 51 133. 44 130. 06
Primary metal industries
do
130. 00
116.20 115.35 116. 48 118. 58
Fabricated metal products
do
111.76
127. 58 124. 95 127. 12 129. 47
Machinery
do
121.69
105. 78 104. 60 105.67 107. 12
101. 66
Electrical equipment and supplies _ do
130. 09
137. 71 130. 82 135. 01 141. 48
Transportation equipment. _ _ __ _ do _ .
103. 63
108. 47 108. 05 108. 99 110. 20
Instruments and related products
do
85.39
85.01
86.46
82.37
85.20
Miscellaneous mfg. industries
do
r
Revised.
P
Preliminary.
1
Includes Post Office employees hired for the. Christmas season; there were about 140,000
such employees in the United States in Dec. 1965.
© Effective Jan. 1965, data reflect change in definition of class I railroads (to $5 million or
38.3
36.9
40.8
35.7
109. 71 110. 92 110. 00 110. 27 110.95 111.24 112. 05 112. 74 '111.11 '111.78 113. 44
119. 43 120. 98 119. 99 120. 69 120. 69 121. 54 121.82 121. 82 119. 81 '120.54 123. 52
134. 41 138. 03 136.21 134. 09 132. 82 133. 46 134. 51 134. 20 '133.88 '134.30 137. 07
93.94 ' 93. 66 ' 94. 53 93.38
92. 48
94.66
88.91
89.82
88.88
88.75
90.17
91.96 '89. 13 ' 93. 04 93.44
88.75
90.67
88. 58
90.06
90.72
92.23
88.15
112. 94 112. 25 110.66 110. 54 112. 83 114. 09 114. 63 115.60 '113.82 '115.06 115. 90
.
139.
50 '136.86 '138.51 141. 01
138.
74
139.
07
129. 43 132. 48 135. 34 136. 08 136. 83
118. 72 119. 71 118. 02 119. 00 119. 85 119. 99 121. 84 121.70 119.42 121. 26 123. 83
130. 20 133. 48 132. 41 133. 76 134. 95 134. 03 135. 83 135. 83 '131.89 '133.11 136. 09
107. 64 110. 04 107. 79 108.05 107. 53 107. 68 108. 62 108. 62 '106.11 '107.68 109. 98
144. 54 145. 53 142. 46 140. 71 140. 06 141. 47 139. 07 140. 25 '137.94 '139.77 143. 65
110. 88 111.72 111. 72 112. 67 113. 10 112. 71 113. 79 113. 94 '111.90 '111.90 113. 82
88.62 ' 86. 24 ' 88. 00 89.42
88.62
87.74
87.52
88.84
89. 28
87.48
86.46
more annual railway operating revenues). The index (back to 1963) has been adjusted for
comparability, whereas the number of employees has not.
f See corresponding note, bottom p. S-13.
9 Includes data for industries not shown
separately.
October 1966
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
SURVEY OF CURRENT BUSINESS
1964
1965
Annual
S-15
1966
1965
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.?
99.23
104. 24
88.55
84.35
68.63
120. 18
122. 54
125. 76
145. 95
111.30
76.05
' 99. 14
'105.59
'87.23
••81.76
'67.88
120. 50
'121.83
'126.00
' 147. 06
'110.27
' 74. 49
' 98. 98
'103.09
' 83. 76
83.16
' 70. 11
'120.34
123. 17
'125.70
'142.30
'111.45
'75.46
99.29
104. 00
83.13
82. 98
67.45
122. 20
125. 44
126. 12
145.27
114. 75
74.66
'131.46 '131.89
'135.79 134. 83
'145. 70 150. 06
'123.70 122. 12
'150.15 '148.99
'137.27 137. 63
'154.07 152. 70
'156.59 155. 32
133. 92
EMPLOYMENT AND POPULATION—Continued
HOURS AND EARNINGS— Continued
Average weekly gross earnings per production
worker on payrolls of nonagfic. estab.f— Con.
All manufacturing establishments f— Continued
Nondurable goods industries, _
dollars _
Food and kindred products
_
do
Tobacco manufactures .
do
Textile mill products
do
Apparel and related products.
do
Paper and allied products
do
Printing, publishing, and allied ind___ do_
Chemicals and allied products- .
do
Petroleum refining and related ind
do
Rubber and misc. plastics products . _ _ do
Leather and leather products
do
Nonmanufacturing establishments: t
Mining?
_.. _
do
Metal mining
do
C oal mining
do
Crude petroleum and natural gas
do
Contract construction..
_
do
General building contractors
do
Heavy construction
do
Special trade contractors
do
Transportation and public utilities:
Local and suburban transportation. do
Motorfreighttransportationandstorage.do
Telephone communication, _
do _.
Electric, gas, and sanitary services
do
Wholesale and retail trade
do
Wholesale trade
do
Eetail trade
do
Finance, insurance, and real estate:
Banking
do
Insurance carriers
do
Services and miscellaneous:
Hotels, tourist courts, and motels. _.__.do
Laundries, cleaning and dyeing plants-, do
Average hourly gross earnings per production
worker on payrolls of nonagric. estab.rf
All manufacturing establishments
f
dollars ..
Excluding overtimed1- _
do
Durable goods industries
do
Excluding overtimed" _
do
Ordnance and accessories
do
Lumber and wood products
do
Furniture and fixtures. _
do
Stone, clay, and glass products.
do
Primary metal industries
do
Blast furnaces, steel and rolling mills, .do
Fabricated metal products
do
Machinery
_.
do
Electrical equipment and supplies. _ do
Transportation equipment 9 do
Motor vehicles and equipment
do
Aircraft and parts
do
Instruments and related products-.- do
Miscellaneous mfg. industries
do
Nondurable goods industries
.
do
1
Excluding overtimed
do
Food and kindred products _
do
Tobacco manufactures ..
do
Textile mill products... _ _.
do
Apparel and related products
do
Paper and allied products
,___do
Printing, publishing, and allied ind
do
Chemicals and allied products
do____
Petroleum refining and related ind
do
Petroleum refining.
do
Rubber and misc. plastics products
do
Leather and leather products
do
Nonmanufacturing establishments: t
Mining?
do
Metal mining _ _ _
do
Coalmining
_ _
do
Crude petroleum and natural gas
do
Contract construction
do
General building contractors
do
Heavy construction
do
Special trade contractors
.
do
Transportation and public utilities:
Local and suburban transportation
do
Motor freighttransportationandstorage.do
Telephone communication
do
Electric, gas, and sanitary services
do
Wholesale and retail trade
.
do__Wholesale trade
do
Retail trade
•_.
do
Services and miscellaneous:
Hotels, tourist courts, and motels
do
Laundries, cleaning anddyeingplants-.do
r
Revised.
» Preliminary.
<= Corrected.
t See corresponding note, bottom p. S-13.
90.91
97.17
75. 66
73.39
64.26
109. 57
114.35
116. 48
133. 76
104. 90
68.98
94.64
99.87
79.21
78.17
66.61
114. 22
118. 12
121. 09
138.42
109. 62
71.82
95.11
99.60
77.90
79. 19
67.34
115. 18
118. 81
120. 93
138. 78
110.30
72.19
95.68
100.60
78.21
78.62
67.33
116. 48
120. 59
123. 65
143.12
110. 46
71.82
95.68
100. 19
77.22
79.99
67.52
117. 12
119. 66
122. 06
141. 10
112. 36
71.82
96.32
100. 77
79.97
80.79
67.70
116. 85
118. 97
123. 06
143. 06
111. 94
72.96
96.96
102. 26
82.68
80.79
67.15
117. 82
122. 30
123. 35
140. 95
113. 42
74.87
95.52
101. 34
82.30
79.84
66.05
115. 83
117. 73
122. 18
141. 62
111.41
74.11
96.88
101. 59
87.91
81.22
68.81
116. 37
119. 74
123. 19
140. 61
111. 14
75.26
96.88
101. 66
84.64
81.22
69.37
117. 34
121.06
122. 64
141. 62
110. 46
73.92
96.96
102. 21
86. 49
79.90
67.51
117.50
120. 82
124. 66
145. 69
110. 62
73.33
98. 33
103. 89
86.94
81.45
68.26
119. 03
122. 22
124. 49
145. 61
111. 57
74.88
117. 74
122. 54
126. 88
112. 63
132. 06
122. 79
131. 78
138. 35
123. 52
127. 30
137. 45
116. 18
138. 01
128. 16
137.90
144. 99
125. 85
127. 71
141. 98
117. 12
143. 54
131. 33
148. 86
149. 33
124. 23
131. 57
135.29
116. 47
138. 75
128. 16
139. 44
146. 00
126. 26
130. 31
143. 24
115. 92
144. 39
132. 49
149. 53
149. 97
123. 73
128. 96
129. 78
118. 15
136. 50
126. 71
136. 22
143. 24
127. 41
131. 67
143. 31
119. 97
139. 87
132. 13
132. 65
148. 34
126. 48
132. 19
142.04
121. 27
138. 34
129.23
133. 23
146. 21
126. 30
130. 62
142. 45
120. 42
139. 05
130. 30
131. 41
147.38
127. 37
129. 79
143. 44
121. 69
143. 26
134. 32
139. 47
150. 26
121. 72
133. 88
111. 52
122.41
140.59
131. 74
137. 94
148. 15
130. 85 132. 80
132. 51 134. 93
152. 31 153. 41
121. 84 121. 70
141. 71 146. 69
132. 09 135.05
137. 07 150. 45
150. 88 153. 38
104. 16
124.02
105. 32
125. 25
74.28
102. 31
64. 75
108. 20
130. 48
109. 08
131. 24
76. 53
106. 49
66.61
110. 33
132. 62
108. 27
130. 60
77.75
106. 34
68.07
109. 56
133. 92
112. 75
133. 86
77.25
106. 90
67.16
110. 50
133. 61
111. 66
134. 69
77.42
107. 57
67.33
109. 20
131. 75
115. 50
135. 43
77.17
108. 12
66.77
109. 30
132. 80
112. 59
134. 05
77.29
109. 59
67.71
108. 42
128. 96
110. 12
135. 20
77.54
108. 53
67.49
109. 10
132. 40
112. 87
135. 62
77.70
109. 08
67.30
109. 36 111. 83
131. 88 131. 36
111. 63 111. 08
133. 25 133. 99
77.86 78. 23
109. 48 110. 43
67.12 67.47
76.67
92.01
79.24
95.86
79.24
96.23
79. 18
95.98
80.35
96.61
80.35
96.87
80.35
97.61
82.28
98.21
81.47
99.22
81.84
98.85
82.21
98.85
82.21
98. 69
81.18 ' 82. 43
99.06 99. 80
82.21
99.70
49. 54
55. 73
51.17
58.98
51.74
58.67
51.65
59.06
52.30
60.14
51.99
58.83
52.73
59.68
52.36
59.44
52.59
58.90
52.13
59.82
52.36
60.04
52.97
61.44
52.68 ' 53. 72
62. 15 61.76
53.44
61.12
2.53
2.44
2.71
2.60
3.03
2.11
2.05
2.53
3.11
3.41
2.68
2.87
2.51
3.09
3.21
3.02
2.54
2.08
2.29
2.21
2.37
1.95
1.79
1.79
2.56
2.97
2.80
3.20
3.37
2.54
1.82
2.61
2.50
2.79
2.67
3.14
2.17
2.12
2.62
3.18
3.46
2.76
2.96
2.58
3.21
3.34
3.14
2.62
2.14
2.36
2.27
2.43
2.09
1.87
1.83
2.65
3. 06
2.89
3.28
3.47
2.61
1.88
2.59
2.49
2.77
2.65
3.14
2.21
2.13
2.62
3.17
3.43
2.74
2.94
2.57
3.16
3.28
3.13
2.61
2.12
2.36
2.27
2.40
2.05
1.89
1.83
2.66
3.07
2.90
3.25
3. 43
2.62
1.88
2.63
2.51
2.81
2.68
3.15
2.22
2.15
2.65
3.20
3.49
2.78
2.97
2.59
3.23
3.36
3.15
2.62
2.13
2.38
2.29
2.43
1.98
1.89
1.86
2.69
3.10
2.93
3.29
3.48
2.63
1.90
2.64
2.52
2.82
2.68
3.17
2.22
2.15
2.67
3.18
3.47
2.79
2.99
2.60
3.26
3.39
3.18
2.63
2.14
2.38
2.28
2.42
1.97
1.90
1.86
2.68
3.10
2.92
3.32
3.52
2.65
1.90
2.65
2.53
2.83
2.69
3.17
2.21
2.16
2.67
3.18
3.47
2.80
3.00
2.60
3.30
3.44
3.21
2.64
2.14
2.39
2.29
2.44
2.11
1.91
1.86
2.68
3.09
2.93
3.39
3.59
2.64
1.91
2.66
2.54
2.84
2.70
3.21
2.18
2.16
2.66
3.20
3.50
2.81
3.02
2.62
3.30
3.43
3.24
2.66
2.16
2.40
2.31
2.47
2.12
1.91
1.86
2.69
3.12
2.93
3.38
3.57
2.65
1.91
2.67
2.56
2.85
2.72
3.19
2.17
2.15
2.66
3.23
3.53
2.81
3.03
2.61
3.29
3.39
3.25
2.66
2.21
2.40
2.31
2.49
2.16
1.91
1.85
2.70
3.09
2.93
3.38
3.55
2.64
1.91
2.67
2.56
2.86
2.72
3.17
2.20
2.15
2.67
3.24
3.54
2.82
3.04
2.61
3.28
3.38
3.26
2.67
2.21
2.41
2.31
2.49
2.22
1.92
1.88
2.70
3.11
2.94
3.38
3.56
2.64
1.92
2.68
2.56
2.86
2.72
3.17
2.19
2.17
2.68
3.25
3.56
2.84
3.06
2.61
3.28
3.37
3.26
2.68
2.21
2.41
2.32
2.51
2.21
1.92
1.88
2.71
3.12
2.92
3.38
3.57
2. 63
1.92
2. 70
2.58
2.88
2.74
3.17
2.25
2.17
2.71
3.28
3.59
2.85
3.06
2.62
3.29
3.41
3.25
2.69
2.21
2.43
2.33
2.53
2.27
1.93
1.87
2.72
3.13
2.94
3.42
3.62
2.64
1.94
2.70
2.58
2.88
2.74
3. 18
2.27
2.19
2.71
3.28
3.59
2.86
3.08
2.63
3.28
3.37
3.29
2.69
2.21
2.44
2.34
2.54
2.27
1.93
1.87
2.73
3.15
2.95
3.41
3.61
2.65
1.94
2.71
2.58
2.88
2. 74
3.18
2.28
2.20
2.72
3.29
3.60
2.85
3.08
2.63
3.30
3.39
3.30
2.70
2.21
2.45
2.34
2.53
2.30
1.98
1.87
2.75
3.15
2.98
3.41
3.62
2.65
1.94
2.71
' 2. 59
2.88
2.74
3.18
'2.29
2.19
' 2. 71
'3.29
'3.61
2.85
3.06
'2.62
3.30
'3.40
'3.30
2.69
'2.20
' 2. 46
2.35
'2.52
'2.32
1.97
1.87
2.77
'3.14
3.00
3.42
3.63
'2.67
'1.91
' 2. 70
2.57
2.87
'2.73
'3.19
' 2. 30
.2.21
'2.72
3.29
3.59
2.86
3.06
'2.62
'3.32
3.43
'3.33
2.69
2.20
'2.45
'2.35
'2.49
'2.17
1.98
'1.90
'2.76
3.15
3.00
3.38
'3.57
'2.66
'1.93
2.81
2.96
3.26
2.65
3.55
3.43
3.23
3. 78
2.92
3.06
3.45
2.74
3.69
3.55
3.38
3.94
2.92
3.07
3.48
2.73
3.69
3.54
3.43
3.94
2. 93
3.14
3.46
2.76
3.75
3.60
3.46
4.00
2.95
3.14
3.46
2.76
3.77
3.61
3.51
4.01
2.96
3.13
3.47
2.78
3.75
3.61
3.44
3.99
2.97
3.15
3.47
2.79
3.77
3.63
3.41
4.02
2.99
3.14
3.49
2.84
3.79
3.63
3.39
4.05
3.00
3.14
3.50
2.84
3. 82
3.66
3.44
4.06
2.99
3.12
3.49
2.83
3.80
3.65
3.41
4.05
2.94
3.15
3.40
2.86
3.81
3.68
3.44
4.07
3.05
3.14
3.67
2.86
3.83
3.70
3.47
4.10
3.06
3.16
3.67
2.85
3.83
3.69
3.54
4.09
' 3. 05
'3.18
'2.87
'3.85
3.70
3.55
'4.11
3.06
3.18
3 66
2.86
' 3. 88
3.74
3.61
4.12
2.48
2.96
2.62
3.04
1.96
2.52
1.75
2.57
3.07
2.70
3.17
2.03
2.61
1.82
2.59
3.07
2.68
3.17
2.03
2.60
1.82
2.59
3.10
2.73
3.21
2.06
2.62
1.84
2.60
3.10
2.73
3.23
2.07
2.63
1.86
2.60
3.10
2.75
3.24
2.08
2.65
1.86
2.59
3.11
2.78
3.23
2.05
2.66
1.85
2.60
3.10
2.76
3.25
2.09
2.66
1.88
2.61
3.13
2.78
3.26
2.10
2.68
1.88
2.61
3.14
2.77
3.25
2.11
2.69
1.88
2.65
3.15
2.77
3.26
2.12
2.72
1.89
2.64
3.17
2.77
3.28
2.13
2.73
1.90
2.64
3.18
2.78
3.27
2.13
2.72
1.91
' 2. 69
'3.18
2.77
'3.31
'2.13
2.73
1.91
2.68
3.17
2.76
3.29
'2.13
2.72
1.90
1.29
1.44
1.35
1.52
1.33
1.52
1.37
1.53
1.38
1.55
1.39
1.54
151. 67
113. 52 113. 52 '114.59 114. 44
133. 14 <137. 06 '136.42 136. 63
111.63 113. 15 '114.12 112.61
135. 14 134. 72 '139.35 136. 54
78.60 79.45 '80.94 ' 80. 73 79.70
111. 11 110.70 112.20 111.25 112.20
67.64 69.14 70.48 70.11 68.90
2.74
2.60
2.92
2.77
3.21
2.30
2.23
2.74
3.31
?.90
3.10
2.65
3.38
3.51
3.35
2.71
2.23
2.47
2.36
2.50
2.11
1.99
1.90
2.79
3.20
3.01
3.41
3.58
2.70
1.97
3.10
3.96
2.16
2.75
1.93
1.41
1.42 '1.41
1.40
1.41
1.42
1.39
1.40
1.60
1.60
1.56
1.55
1.57
1.58
1.60
1.61
cTD<jrived bj7 assuming that overtime hours are paid '<it the ra te of tinle and o ne-half.
9 Ineludes da ta for inclustries n ot showri separateily.
1.41
1.55
SURVEY OF CTJEEENT BUSINESS
S-16
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1964
1965
Annual
October 1966
1966
1965
Aug.
Sept.
Oct.
Nov°.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
EMPLOYMENT AND POPULATION—Continued
HOURS AND EARNINGS— Continued
Miscellaneous wages:
Construction wages, 20 cities (ENR): §
Common labor
$ per hr
Skilled labor
do
Farm without board or rm 1st of mo
do
Railroad wages (average, class I)
do
LABOR CONDITIONS
Help-wanted advertising, seas, adj— 1957-59 =100. _
Labor turnover in manufacturing estab.: f
Accession rate, total__mo. rate per 100 employees __
Seasonally adjusted
do
New hires
do
Separation rate, total
__
do_ _
Seasonally adjusted
do
Quit
do
Layoff
do
Seasonally adjusted
do
Industrial disputes (strikes and" lockouts) :
Beginning in period:
Work stoppages
-numberWorkers involved"
_ - thous__
In effect during month :
Work stoppages
number
Workers involved'
- _ thous__
Man-days idle during period
do
EMPLOYMENT SERVICE AND UNEMPLOYMENT INSURANCE
Nonfarm placements
thous
Unemployment insurance programs:
Insured unemployment all programs©
do
State programs:
Initial claims
do
Insured unemployment weekly avg do
Percent of covered employment: cf
Unadjusted
Seasonally adjusted
Beneficiaries weekly average
thous
Benefits paid
mil. $
Federal employees, insured unemployment,
weekly average
thous
Veterans' program (UCX) :
Initial claims
do_
Insured unemployment, weekly avg_ . _ do
Beneficiaries, weekly average
_ _do
Benefits paid
_
_
mil. $_
Railroad program:
Applications
thous
Insured unemployment weekly avg do
Benefits paid
mil. $
3. 242
4.733
1.08
2. 850
3. 415
4.951
1.14
1
3. 008
3. 482
5.002
3. 486
5.029
2.994
3.009
3.486
5.056
1 09
3.014
3.486
5.041
3.495
5.055
3. 017
2. 995
3.496
5.064
1 24
3.090
3.520
5.087
3.520
5.097
3.533
5. 108
1.28
3.567
5.141
3. 644
5.213
3.678
5. 238
1.26
3.693
5. 273
3.703
5.294
^189
3. 134
123
155
152
160
168
181
186
184
191
201
189
185
184
186
189
4.0
4.3
2.6
3.9
3.1
4.1
1.5
1.7
1.9
1.4
5.4
4.3
3.9
5.1
4.2
2.6
1.6
1.5
5.5
4.5
4.0
5.7
4.4
3.5
1.3
1.4
4.5
4.5
3.5
4.4
4.1
2.2
1.4
1.3
3.9
4.9
2.9
3.9
4.0
1.7
1.5
1.3
3.1
4.8
2.2
4.1
4.3
1.4
1.9
1.4
4.6
4.9
3.2
4.0
4.1
1.9
1.3
1.2
4.2
4.9
3.1
3.6
4.4
1.8
1.0
1.2
4.9
5.2
3.7
4.1
4.6
2.3
1.0
1.2
4.6
4.8
3.6
4.3
4.7
2.5
1.0
1.2
5.1
5.1
4.1
4. 3
4.7
2.5
.9
1.1
6.7
5.3
5.6
4.4
4.9
2.5
1.0
1.3
'5.1
'4.6
3.9
'5.3
'5.0
2.5
'2.0
'1.7
^6.1
^4.8
^4.7
p5.6
M.6
*3.6
pl.l
pi. 0
3, 655
1,640
3, 963
1,550
388
109
345
155
321
101
289
140
158
24
205
101
240
107
310
198
350
228
480
208
430
150
420
235
440
108
22,900
23, 300
685
229
2,230
631
250
2, 110
570
209
1,770
505
192
1,380
371
76
907
335
127
1,000
380
142
865
450
236
1,350
500
379
2,450
640
294
2,870
660
243
1,950
660
299
2,980
700
331
3, 420
6,281
6,473
603
644
611
531
462
452
460
547
533
568
622
549
619
1, 725
1,419
1,178
1,030
982
1,104
1,386
1,736
1, 678
1,381
1,112
916
841
1,001
980
13, 938
1, 605
12, 047
1, 328
976
1,120
760
981
791
933
1,004
1,042
1,285
1,308
1,399
1,644
985
1, 590
769
1,301
693
1,044
665
862
690
793
1,019
947
826
928
1.8
2.1
702
114. 4
2.1
2.4
719
113.8
2.0
2.4
791
143.1
3.8
3.0
1, 373
2,522
1,131
2,166
2.5
3.1
901
148.0
2.2
2.9
834
138.6
2.0
2.7
745
117.8
2.3
2.7
794
132.2
3.0
2.7
990
172.1
3.7
2.7
1,330
212.7
3.6
2.6
1,413
217.2
2.9
2.3
1,272
225.5
2.3
2.1
931
155. 5
1.9.
2.1
806
.126.1
30
25
21
19
20
21
23
29
29
26
21
18
18
19
18
12
18
18
2.9
14
17
16
2.9
17
19
'15
2.4
16
19
18
3.2
335
51
48
90.2
266
36
34
67.5
25
33
31
5.2
19
28
27
4.6
16
24
23
18
25
21
20
29
24
20
32
30
18
31
30
17
27
26
4.6
13
22
21
3.6
155
38
78.4
138
30
60. 5
10
22
3.8
11
24
3.7
7
22
3.6
9
25
3.8
14
28
4.6
11
30
5.1
4
28
4.1
5
26
5.2
6
23
3.6
42
18
3.8
25
15
2.9
18
16
2.1
15
3,420
10 675
2, 090
8,585
3,369
12 094
2,361
9,733
3, 387
12 720
2, 653
10,067
FINANCE
BANKING
Open market paper outstanding, end of period:
Bankers' acceptances
mil $
Placed, through dealers
Placed directly (finance paper)
do
do
Agricultural loans and discounts outstanding of
agencies supervised by the Farm Credit Adm.:
Total end of period
mil $
Farm mortgage loans:
Federal land banks
do
Other loans and discounts
do
3 385
8 361
2 223
6,138
3 299
3 392
q 017 10 358
1 903 2 117
7 114 8,241
3 314
9 69?
2 194
7,498
3 310
10 554
2 250
8,304
3 245
10 406
2,205
8,201
3 392
9' 017
1^903
7,114
3 332
9 910
1, 834
8,076
3 313
10 275
1, 828
8,447
3 388
10 649
2,066
8, 583
3 464
] 1 142
2,253
8,889
3 418
11 335
2,113
9,222
7 104
8 080
8 040
8 013
8,007
8,022
8,080
8,206
8 367
8, 570
8,788
8,946
9, 145
9,351
9, 412
3 718
958
2 428
4 281
1 055
2 745
4 135
944
2 962
4 171
940
2,902
4, 204
1 009
2,794
4,245
1 082
2,696
4,281
1 055
2,745
4,328
1 113
2,766
4 385
1 145
2*837
4, 477
1 137
2,956
4,553
1 148
3,087
4,647
1 106
3' 193
4, 725
1,105
3,315
4, 788
1,167
3,396
4,853
1,190
3,368
5, 509. 6
2,311.5
3, 198. 1
1,218.4
1, 979. 7
5 605 6
2, 341. 7
3, 263. 9
1 251 2
2 012.7
5, 811. 7
2, 414. 6
3, 397. 1
1 336. 6
2, 060. 5
5, 934. 1
2, 544. 0
3, 390. 1
1,304 2
2, 085. 9
5, 797. 5
2, 449. 4
3, 348. 1
1,311.3
2, 036. 8
5, 868. 8
2, 491. 7
3, 377. 1
1, 314. 7
2, 062. 4
5, 989. 1
2, 480. 6
3, 508. 5
1, 366. 1
2, 142. 4
6, 149. 9
2, 676. 1
3, 473. 8
1, 348. 5
2, 125. 3
Bank debits to demand deposit accounts, except
interbank and U.S. Government accounts,
annual rates, seasonally adjusted:
Total (225 SMSA's)O
bil $
New York S MSA
do
Total 224 SMSA's (except N.Y.)
do
6 other leading SMSA's t
do
218 other SMSA's
do
4 621 4
1 925 3
2, 696. 1
1 030 8
1 665 3
5 135 9
2 138 5
2, 997. 4
1 140 9
1 856 5
5 146 8
2 128 0
3 018 8
1 141 0
1 877 8
5 126 9
2 104 3
3, 022. 6
1 142 9
1 879 7
5 129 9
2, 061. 0
3,068.9
1 165 4
1 903.5
5 408 3
2, 229. 4
3, 178. 9
1 215 0
1 963.9
5 523.1
2, 273. 5
3, 249, 6
1 234,5
2,015,1
Federal Reserve banks, condition, end of period:
Assets, total 9
_ _ _
_ _
mil. $
62, 868
65, 371
61, 429
63, 384
63, 504
64, 050
65, 371
64,246
63, 794
64, 124
65, 452
64, 797
66, 520
67,574
66,342
67, 385
Reserve bank credit outstanding, total 9 __do
Discounts and advances _
_ do
U.S. Government securities
_ do _
Gold certificate reserves..
do
39, 930
186
37,044
15, 075
43, 340
137
40, 768
13, 436
40, 619
237
39, 049
13, 596
41, 704
174
39, 774
13, 587
41, 905
510
39, 657
13, 582
42, 789
365
40, 575
13, 512
43, 340
137
40, 768
13, 436
43, 085
239
40, 565
13,436
42, 717
315
40, 189
13, 432
42, 840
327
40, 734
13, 204
43, 285
452
40, 713
13, 190
43, 940
441
41, 480
13, 092
44,656
292
42, 169
12,993
45, 816 '44,450
386
877
42, 380 42, 518
12, 890 12, 788
45, 475
773
42, 907
12,779
do. _
62, 868
65, 371
61, 429
63, 384
63, 504
64, 050
65, 371
64, 246
63, 794
64, 124
65, 452
64, 797
66, 520
67, 574
66, 342
67, 385
do
do _ _
_do
19, 456
18, 086
35, 343
19. 620
18, 447
37, 950
18, 645
17, 191
36, 021
19, 591
18, 149
36, 319
19, 612
18, 204
36, 628
19, 163
18, 050
37,408
19,620
18, 447
37, 950
20, 098
18, 751
37,337
19, 205
18, 014
37, 322
19, 233
18, 000
37, 432
19,841
18, 736
37, 536
19,673
18, 119
37, 880
20, 083
18, 567
38, 258
21, 354
19, 155
38, 583
19, 591
17, 399
38, 660
20, 887
19, 538
38, 623
Ratio of gold certificate reserves to FR note
liabilities
percent--
42.7
35.4
37.7
37.4
37.1
36.1
35.4
36.0
36.0
35.3
35.1
34.6
34.0
33. 4
33.1
33.1
Liabilities, total 9
Deposits, total
Member-bank reserve balances
Federal Reserve notes in circulation
-
r
Revised.
v Preliminary.
1 Includes adjustments not distributed by months.
§ Wages as of Oct. 1,1966: Common labor, $3.706; skilled labor, $5.301.
t See corresponding note, bottom of p. S-13.
0 Excludes persons under extended duration provisions.
d" Insured unemployment as % of average covered employment in a 12-month period.
0 Total SMSA's include some cities and counties not designated as SMSA's.
1 Includes Boston, Philadelphia, Chicago, Detroit, San Francisco-Oakland, and Los
Angeles-Long Beach.
9 Includes data not shown separately.
SUEVEY OF CUERENT BUSINESS
October 1966
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1964
1966
1965
| 1965
End of year
S-17
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
22 528
22, 170
358
626
-268
22 487
22, 117
370
722
-352
22 534
22, 212
322
674
-352
23 090 r 22 653 23 239
22, 686 "•22,328
22, 847
r
404
325
392
766 r 728
766
-362
-403
-374
Aug.
Sept.
FINANCE—Continued
BANKING- Continued
All member banks of Federal "Reserve System,
averages of daily figures:
1
21, 609 1 22 719
Reserves held total
mil $
1
21, 198 1 22,
267
Required _
_
- ___do
1
Mil
Excess
_
do
452
1243
Borrowings from Federal Reserve banks. __do
U54
1
Free reserves
__do_
*168
-2
Weekly reporting member banks of Fed. Res. System, condition, Wed. nearest end of yr. or mo.:
Deposits:
Demand, adjustedc?
._mil.$_- 68, 045
69, 723
102, 574 103 507
Demand, total 9
do
Individuals, partnerships, and corp____do
73, 654
75, 269
State and local Governments
do
5,239
5,355
U.S. Government
do
4,563
3 866
Domestic commercial banks _
do
12, 539
12, 429
Time, total 9 _ .
_ _ _ _ _ _
do__
66, 881
78, 260
Individuals, partnerships, and corp.:
Savings
do
40, 698
45, 362
16, 407
Other time___ _ __ _ _ __ .
do _
21, 258
102, 227 117, 165
Loans (adjusted), totalc? __ _ . _ _ . do
42, 119
Commercial and industrial
do
50 629
For purchasing or carrying securities
do
6,677
6,420
9,032
To nonbank financial institutions.
do_.
10,919
Real estate loans
do
20, 008
22 540
Other loans _ _ .
___ _ _ _
do_
29, 156 32, 068
In vestments, total
__•
do
48, 783 48,299
U.S. Government securities, totaL
do
27, 679
24, 252
21, 979
Notes and bonds
do
19 502
21, 104
Other securities.. ___
do.
24, 047
Commercial bank credit (last Wed. of mo. , except
for June 30 and Dec. 31 call dates) , seas. adj. :t
c
Total loans and investments©
bil. $
267. 2 c 294. 4
-' 167. 4 « 192. 0
LoansO
_ _ -do _
U.S. Government securities
do
"61.1
'57.7
C
C
Other securities
... _
do
38. 7
44. 8
Money and interest rates: §
Bank rates on short-term business loans:
In 19 cities
percent
New York City
.
do..__
7 other northern and eastern cities _ do _
11 southern and western cities....
___do
Discount rate (N.Y.F.R. Bank), end of year or
month
___percent_Federal intermediate credit bank loans
do
Federal land bank loans _
do_
Home mortgage rates (conventional 1st mortgages) :
New home purchase (U.S. avg.)
percent__
Existing home purchase (U.S. avg.)
do
Open market rates, New York City:
Bankers' acceptances (prime, 90 days)
do
Commercial paper (prime, 4-6 months).. do
Finance Co. paper placed directly, 3-6 mo. do
Stock Exchange call loans, going rate
do
Yield on U.S. Government securities (taxable):
3-month bills (rate on ne w issue) ____percent__
3-5 year issues _
do
Savings deposits, balance to credit of depositors:
N.Y. State savings banks, end of period. _ .mil. $__
U.S. postal savings ^__
_
do
4
4. 99
M.75
4
5. 02
4
5. 30
4.00
4. 70
5. 45
4
4
4
4
21 617
21, 187
430
564
-134
21 740
21,356
384
528
-144
22 719
22, 267
452
454
2
22 750
22, 392
358
402
-44
22 233
21, 862
371
478
-107
22 160
21, 855
305
551
-246
63, 505
96 101
68, 189
5,105
3 914
12, 566
75,896
64, 133 65,012 66, 175 69, 723
97 048 100,028 101, 204 103 507
68, 280 71, 348 72, 127 75, 269
5,572
4,940
5, 429
5,355
5 591 2,442
3,789
3 866
12, 075 13, 692 12, 977 12 429
76, 276 77, 170 77, 662 78, 260
68, 220
99,647
72,415
5,532
3,153
11, 982
78, 868
65, 231
99 182
71, 371
5,531
3 147
12, 619
79, 600
66, 292 67, 921 65, 631 2 71,286
97, 162 101 082 102 618 2108
899
70, 313 73, 303 71, 772 2 275,830
5,651
5,469
6,030 2 6,161
3,223
3 983 4 700
7 764
11,512 11, 807 12, 727 2 11 858
81, 001 81, 813 82 695 2 90 185
21,958
21, 614
344
490
-146
21, 958
21,589
369
452
-83
43 827 44 319 44,805 45, 094 45 362 45, 015 45 064 45, 111 43 377 43 093 2 48 413
20, 990 21, 003 21, 342 21, 511 21, 258 22, 259 22, 961 24, 160 26, 040 27,133 2 28 687
111,071 111, 755 112, 727 114, 741 117, 165 116, 025 116,939 118, 410 119, 494 121 725 2132 901
46 987 48 117 48 778 49 167 50 629 50, 462 51 315 52, 640 52 4Q5 53 839 2 58 946
6,035
6,224
6,429
6,482
6,249
5 453
5,587
6 666
6 784 2 6 972
6 420
10, 289 10, 154 10,058 10, 319 10,919 10, 349 10,419 10, 618 10, 789 10, 924 2 11 935
21 739 22 012 22 231 22 425 22 540 22, 638 22 730 22, 867 23 041 23 260 2 26 669
30, 113 30 553 30, 585 31, 245 32 068 31, 444 31,124 32, 019 31 757 32 786 2 3s'i84
47, 086 47 023 47, 769 47, 790 48 299 47, 557 46 220 45, 252 46 371 45 368 22 50 296
22, 992 22, 830 23, 991 24, 119 24, 252 23, 942 22, 418 21, 474 21, 849 20 704 2? '482
20, 322 20 202 19 948 19 550 19 502 18, 957 18 296 17, 945 18 064 17 469 2 19 617
24, 094 24, 193 23, 778 23, 671 24 047 23, 615 23 802 23, 778 24 522 24 664 2 27 814
286.1
185.2
57.7
43.1
5.06
4. 83
5. 09
5. 34
286.2
186.2
56.5
43 4
289 9
188.6
57.4
43.9
291.5
189.8
57.5
44 2
5 00
4.76
5.03
5.31
294 4
192 0
57.7
44 8
297.4
194.5
58.0
44 9
297 5
196 2
55.9
45 4
300.3
198.6
56.0
45.7
302 7
200 7
55.8
46 2
304 3 3 305 4
202 0 3 203* 7
55.0
54.5
47 2
47 1
5 55
5.41
5.58
5.70
5 27
5.08
5.32
5.46
5
5
5
6
70, 654 ' 71, 220
105, 515 rr!04 508
75, 920 76, 596
5,986
5 738
4 308
3 177
12 271 12 058
91 018 r91 255
71, 052
104 712
76, 125
5 696
4 512
11 710
90 379
47 386 47 228 47 237
30 625 30 859 30 304
132 381 r!31 238 132 012
59 008 58 252 59 399
6 139
6 496
5 821
11 349 10 454 10 822
26 868 r 27 137 27 332
34* 522 35 258 34 347
49 791 50 874 50 627
22 287 23 474 23 127"
19 593 19 ^48 19* 033
27 504 27 400 27 500
308 2
205 9
54.1
48 2
309 8
206 1
55.9
47 8
82
65
86
00
307 6
205 5
54.0
48 0
6
6
6
6
30
13
40
42
4.50
4. 94
5. 43
4.00
4.98
5.43
4.00
5.02
5.43
4.00
5.01
5.43
4.00
5.02
5.43
4.50
5.04
5.43
4.50
5.22
5. 43
4.50
5.35
5.43
4.50
5.40
5.48
4.50
5.53
5.49
4.50
5.65
5 52
4.50
5.68
5 60
4.50
5.91
5 93
4.50
5.99
5 96
5. 76
5. 89
5.76
5.86
5.75
5.89
5.75
5.87
5.80
5.91
5.78
5.91
5.81
5.97
5.85
5.97
5.90
6.01
5.99
6.09
6.02
6.16
6.07
6 18
6.12
6 24
6.18
6 35
53.77
53.97
53.83
54.50
54.22
54.38
54.27
54.69
4.14
4.38
4.25
4.75
4.25
4.38
4.25
4.75
4.25
4.38
4.32
4.75
4.25
4.38
4.38
4.75
4.55
4.65
4.60
4.97
4.75
4.82
4.82
5.07
4.86
4.88
4.88
5.25
4.96
5.21
5.02
5. 41
5.00
5.38
5.25
5.50
5.18
5.39
5.38
5.50
5.39
5.51
5.39
5.52
5.58
5.63
5.51
6.00
5.67
5.85
5.63
6.12
s 3. 549
54.06
5 3. 954
54 22
3.836
4.19
3.912
4.24
4.032
4.33
4.082
4.46
4.362
4 77
4.596
4.89
4.670
5 02
4.626
4.94
4.611
4 86
4.642
4 94
4.539
5 01
4.855
5 22
4.932
5 58
5.356
5 62
28, 260
390
30,312
309
29, 498
332
29, 785
327
29,845
321
30,001
317
30, 312
314
30,442
303
30, 574
299
30, 797
292
30,496
277
30, 581
230
30, 716
192
30, 868
182
31, 006
169
159
78, 442
60, 548
25, 195
15, 593
3,532
16 228
87, 884
68, 565
28 843
17, 693
3,675
18 354
83, 319
65 508
28, 111
15, 996
3,648
17, 753
83, 801
65, 979
28 175
16, 229
3,664
17 911
84,465
66 511
28, 393
16, 492
3, 676
17 950
85, 291
67 168
28, 612
16, 797
3,689
18 070
87, 884
68 565
28, 843
17, 693
3,675
18 354
87, 027
68, 314
28,789
17, 566
3,634
18 325
86, 565
68, 279
28, 894
17, 386
3,603
18,396
87, 059
68, 827
29, 248
17, 450
3,597
18, 532
88, 184
69, 543
29, 597
17, 597
3,602
18, 747
89, 092
70 209
29 908
17, 732
3,642
18 927
90, 070
71 194
30 402
17 959
3, 677
19 156
90, 650
71 862
30 680
18 165
3,711
19 306
91,483
72 640
30 918
18 390
3,755
19 577
53, 141
25, 094
14, 762
6,458
5,078
1 749
7,407
3,922
1,152
370
1 963
17, 894
6,954
5, 950
1,004
60,273
29, 173
16, 138
7 512
5,606
1 844
8,292
4,488
1,235
447
2 122
19, 319
7, 682
6,587
1.095
58, 296
28, 107
15, 721
7,235
5,387
1,846
7,212
3,847
1,103
431
1,831
17, 811
7,575
6,497
1,078
58, 703 59, 105
28, 343 28, 618
15, 802 15, 876
7,310 7,363
5, 410
5,422
1 838 1 826
7,276
7, 406
3,910 3,979
1,117
1,138
433
438
1,816
1, 851
17, 822 17, 954
7,624
7,600
6,520
6,546
1.080
1,078
4
4
4
4
5. 78
5. 93
4
4
4
4
4.50
CONSUMER CREDIT*
(Short- and Intermediate-term)
Total outstanding, end of year or month.- ..mil. $__
Installment credit, total
do
Automobile paper __ __
do
Other consumer goods paper
_. do_
Repair and modernization loans....
do
Personal loans
do
By type of holder:
Financial institutions, total
do
Commercial banks
do__ .
Sales finance companies, __ _
do
Credit unions
do
Consumer finance companies
do
Other
do
Retail out lets, total. _ _ — _
do
Department stores
___
doFurniture stores
do
Automobile dealers
do
Other
do
Noninstallment credit, total
do
Single-payment loans, total
do
Commercial banks
_
do
O therfinancialinstitutions .
do
r
Revised.
1
c
Corrected.
2
Average for Dec.
Revised beginning June 1966 to reflect changes in coverage and
format; not comparable with earlier data.
a Effective with the June 9 change in Federal
Reserve regulations,
data
exclude
balances accumulated for payment of personal loans (about
5
$1.1 bil.). 4 Average for year.
Daily average.
cf For demand deposits, the term "adjusted" denotes demand deposits other than domestic
commercial interbank and U.S. Government, less cash items in process of collection; for
loans, exclusive of loans to domestic commercial banks and after deduction of valuation
59, 567 60, 273 60, 202 60, 331 60, 863 61,539 62, 178 63 097 63 745 72 640
28, 855 29, 173 29, 201 29, 312 29, 684 30, 127 30, 507 31, 013 31, 398 31, 737
15, 963 16, 138 16, 106 16, 072 16, 106 16, 191 16, 263 16 454 16 585 16, 732
7,711 7 839
7, 593
7,473
7,436
7 512
7,447
8 093 8 238
8 009
5,621 5,630
5,670
5,465
5,606
5,598
5,695
5,846
5, 742
5,791
1,840
1 848 1 844 1 850 1 853 1,850
1 874
1 879 1 878 1 901
7,964
8,004
7,948
7,601 8,292
8,112
8,031
8 186
8 097 8,117
4,101 4,488
4,419
1,167
1,235
1,208
459
466
447
451
472
443
448
485
489
480
2,122
1, 890
2,037
18, 123 19, 319 18, 713 18, 286 18, 232 18,641 18, 883 18, 876 18, 788 18, 843
7,682
7,731
7, 795
7,836
7,648
7,666
7,925
7,844
7,849
7,901
6, 676
6,717
6,555
6,574
6,630
6,784
6,587
6,718
6,767
6,720
1,119
1,119
1,093
1,095
1,092
1, 141
1,101
1,124
1.134
1.131
reserves (individual loan items are shown gross; i.e., before deduction of valuation reserves)
9 Includes data not shown separately.
^Revised monthly data for commercial bank credi t
prior to June 1965 and for consumer credit prior to Mar. 1985 appear in the July and May
1966 Fed. Reserve Bulletins.
©Adjusted to exclude interbank loans.
§For .bond yields,
see p. S-20.
HMonthly data are as of the following dates: 1965—Aug. 13; Sept. 10; Oct. 8;
Nov. 5; Dec. 3; 1966—Jan. 28; Feb. 25; Mar. 25; Apr. 22; May 20; June 30; July 15: Aug. 12;
Sept. 9.
SURVEY OF CUREENT BUSINESS
S-18
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1964
1965
Annual
October 1966
1966
1965
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
FINANCE—Continued
CONSUMER CREDIT§— Continued
Total outstanding, end of year or month— Con.
Noninstallment credit— Continued
Charge accounts, total
__
mil.
Department stores
do
Other retail outlets
do
Credit cards
do
Service credit
do
Installment credit extended and repaid:
Unadjusted:
Extended total
do
Automobile paper
do
Other consumer goods paper
do
All other
do
Repaid, total
do
Automobile paper
do
Other consumer goods paper
do
All other
do
Seasonally adjusted:
Extended total
do
Automobile paper
do
Other consumer goods paper
do
All other
_
_
do
Repaid total
do
Automobile paper
do
Other consumer goods paper
do
All other
- do
$
_
16,300
1909
i 4, 756
1635
i 4, 640
16,746
1968
i 5, 055
i 723
i 4, 891
5,498
595
4,149
754
4,738
5,496
647
4,078
771
4,726
5,645
682
4,221
742
4,685
5,740
725
4,291
724
4,735
6,746
968
5,055
723
4,891
6, 107
855
4,509
743
4,940
5,505
5,393
5,670
5,860
5,908
5,888
5,973
746
5, 050
755
5,044
765
5, 135
788
5,098
824
5,067
861
5, 056
916
5,021
67,505
24, 435
19, 473
23, 597
61, 121
21, 676
17, 737
21, 708
75, 508
27, 914
21,454
26, 140
67,495
24, 267
19, 355
23, 873
6,493
2,401
1,789
2,303
5,688
2,068
1,611
2,009
6, 085
2,088
1,849
2,148
5,616
2,024
1,617
1,975
6,247
2,318
1,899
2,030
5,714
2,099
1,636
1, 979
6,608
2,410
2,004
2,194
5.955
2^193
1,700
2,062
7,519
2,328
2,657
2,534
6, 120
2,097
1,760
2,263
5,586
2,001
1,684
1,901
5, 837
2,055
1,811
1,971
5,517
2, 084
1,527
1,906
5,552
1,979
1, 707
1,866
6, 865
2,676
1,890
2,299
6,317
2, 322
1,826
2,169
6,658
2,486
1,874
2,298
5,942
2,137
1,727
2,078
6,694
2,526
1,898
2, 270
6,028
2,215
1,763
2,050
7,236
2,746
2,013
2,477
6,251
2,252
1,786
2, 213
6, 670
2,466
1,945
2,259
6,002
2,188
1,739
2,075
7, 025
2,543
2,023
2,459
6,217
2, 305
1,798
2,144
6,385
2,372
1,816
2,197
5,729
2,068
1,662
1,999
6,434
2,385
1,859
2,190
5,748
2,056
1,638
2,054
6,425
2,338
1,907
2,180
5,805
2,080
1,670
2,055
6,530
2,480
1,873
2,177
5,831
2,148
1,683
2,000
6,489
2,443
1,862
2,184
5, 855
2, 107
1,720
2,028
6,544
2,340
1,983
2,221
5,947
2,115
1,778
2, 054
6,492
2,340
1,957
2,195
5,954
2,135
1,781
2,038
6,673
2,479
1,959
2, 235
6,024
2,216
1, 708
2,100
6,505
2,302
1,958
2,245
5,974
2,145
1, 729
2,100
6, 472
2,298
1,933
2,241
5,979
2,159
1,784
2,036
6,675
2,419
1,944
2,312
6,126
2,211
1,767
2,148
6,732
2,383
2,050
2, 299
6,168
2,238
1, 803
2,127
6,689
2,431
1,995
2,263
6,087
2,223
1,792
2,072
12, 599
4,283 10, 728
11,090 10, 518 12, 312
1,509 -6, 234 -1, 584
10, 838
7,091
11, 121 11,233
-283 -4, 142
12, 400
11,264
1,136
13, 804
12, 086
1, 718
11,853
11, 325
528
13, 916
12, 821
1,095
30, 646
32, 104
1458
30, 685
33, 098
—2413
33, 684
36, 908
—3,224
39, 567
123 8
126.3
—2 5
126.9
127.0
— 2
136. 0
133.7
2.3
141.0
137.1
3.8
_
_
FEDERAL GOVERNMENT FINANCE
Net cash transactions with the public: cf
Receipts from
mil. $
Payments to
do
115, 031
120 ,340
-5,308
Seasonally adjusted, quarterly totals: J
Receipts from. .
_ ___.do___
Payments to
.
do
Excess of receipts or payments ( — )
do
Receipts and expenditures (national income and
product accounts basis), qtrly. totals, seas.
adj. at annual rates: *
Receipts
bil $
115. 1
Expenditures
do
118.1
Surplus or deficit (— )
do
-3.0
Budget receipts and expenditures:
Receipts total
mil $
117, 222
Receipts netf
do
88, 696
Customs
do
1,352
Individual income taxes
do
52, 334
Corporation income taxes
do
25, 047
Employment taxes
do
17, 106
Other internal revenue and receipts
do
21, 382
Expenditures total^I
do
96, 945
Interest on public debt
do
11, 039
Veterans' benefits and services
do
5, 484
National defense
do
52, 261
All other expenditures
do
29,067
Public debt arid guaranteed obligations:
Gross debt (direct), end of yr. or mo., totaL.bil. $_. 1 317. 94
Interest bearing, total
do
i1 313. 55
Public issues
do
267. 48
1
Held by U.S. Govt. investment accts.do
14. 36
1
Special issues
do
46. 08
Noninterest bearing and matured
do
14.39
Guaranteed obligations not owned by U.§. Treasury, end of year or month
bil. $__
i.81
U.S. savings bonds:
Amount outstanding, end of yr. or mo do
i 49. 89
Sales, series E and H.
_
do
4.61
Redemptions
do
5.25
123, 376
127, 920
-4, 544
11, 595
12, 299
-705
124.9
123.4
1.6
8,103 11.764
20, 294
11, 827 12, 927 15, 206
8,466 -4,824 -3,442
3,809
144.3
10, 586
7,350
145
5,540
482
2,501
1,918
8,990
966
483
4,372
3,261
12, 640
10, 999
159
5,422
4,236
1,120
1,703
9,452
966
474
4,531
3,482
4,327
3,295
153
1,508
625
461
1,580
8,750
962
486
4,477
2,878
10,220
8, 106
164
5,934
507
1,508
2,107
9,105
963
526
4,518
3,320
10,807
9,553
140
3,705
4,315
803
1,844
9,426
1,005
207
5,091
3, 155
7,137
6,453
136
4,140
682
423
1, 756
8,809
1,035
530
4,605
2,712
12, 432
8, 335
129
6,986
573
3,117
1, 627
8,156
976
513
4,483
2,200
15, 701
11, 297
168
4,376
7,244
2, 040
1,873
10, 193
1,035
525
5,600
3,038
13,072
9,929
151
7, 341
2,440
1,320
1, 821
8,362
1,013
289
4,995
2,078
7,993 ' 10, 586
13, 746 p20, 712
5, 702
7,197
8,452 pl7, 054
158
179
p 172
158
3,725
5,268
7,389 p7,252
878
606
751 p8,252
1,674
2,614
3,615 P2,719
1,558
1,920
1,833 P2,317
9,055 p9,378 10, 263 11, 042
1,091
1,064
1, 025 p 1, 088
450
444
p358
485
5,580
4,895 P 6, 247 ' 4, 910
4, 005
2,650 P 1,728 «• 3, 851
i 320. 90 318. 24
i 316. 52 313. 90
i 1270. 26 264. 12
15. 51 14.92
49.78
i 46. 26
4.34
U.39
316. 75
312. 36
264. 29
15.40
48.07
4.39
318. 90
314. 56
267. 60
15.18
46.96
4.34
321. 71
317. 36
270. 30
15.65
47.05
4.36
320. 90
316. 52
270. 26
15.51
46.26
4.39
322. 00
317.60
273. 24
15.53
44.36
4.40
323. 31
318. 92
273. 14
15.82
45.78
4.39
321. 00
316. 58
270. 62
15.64
45.96
4.42
319. 58
315. 22
270. 30
15.47
44.92
4.36
322. 36
317. 93
269. 12
15. 58
48.80
4.43
319. 91
315. 43
264. 31
15.50
51.12
4.48
319. 28
314.88
264.18
15.58
50.70
4.40
324. 42
319. 70
266. 46
15.96
53. 24
4.72
324. 75
320. 01
266. 95
i .46
.50
.52
.49
.46
.46
.42
.43
.46
.47
.47
.46
.49
.48
.50
i 50. 46
4.49
5.44
50.26
.37
.46
50.28
.34
.45
50.36
.37
.41
50.42
.34
.40
50.46
.33
.42
50.44
.47
.65
50.45
.35
.46
50.49
.46
.54
50.52
.43
.51
50.58
.41
.47
50.63
.40
.49
50.70
.41
.50
50.74
.39
.48
50. 71)
.40
.57
157.64 158.70
69.97
70.22
7.24
7.13 '
60.02
59.28
55.20
54.52
4.70
4.68
7.62
7.67
1.48
1.36
7.33
7.63
159. 63
70.50
7.29
60.52
55.68
4.69
7.72
1.30
7.60
160. 23
70.66
7. 29
60.88
55.99
4.70
7.77
1.30
7.63
160. 80
70.98
7.27
61.29
56.32
4.72
7.85
1.02
7.67
161. 48
71.15
7.28
61.71
56.65
4.73
7.96
.90
7.74
162. 04
71.18
7.31
62. 10
56.98
4.74
8.05
1.01
7.65
162. 51
71.10
7.33
62.55
57.38
4.74
8. 16
1. 00
7.63
163. 49
71. 59
7. 38
62.97
57. 78
4.78
8.29
1.12
7.36
124, 354
96, 679
1, 646
56, 102
27, 035
17, 268
22, 303
101,378
11,615
5,151
52, 773
32, 582
53.07
4.73
LIFE INSURANCE
Institute of Life Insurance:
Assets, total, all U.S. life insurance companies J
bil. $._ i 149. 47 11158. 88 155. 19 156.04 156. 89
70.10
Bonds (book value), total
do
70. 15
69.82
69.84
i 67. 96
Stocks (book value) total
do
7.07
19.13
i 7. 94
6.80
6.96
58.82
Mortgage loans total
do
i1 60. 01
58.02
58.41
i 55. 15
Nonfarm
do
54. 10
55. 19
i 50. 85
53.36
53.72
Real estate
do
4.68
14.68
4.65
4.68
14.53
Policy loans and premium notes
do
7.59
17.14
i 7.68
7.51
7.55
Cash
. do
1.25
i 1.50
1.31
1.27
i 1. 49
Other assets... _ __ _
do
7.38
15.73
i 5. 26
7.34
7.09
Payments to policyholders and beneficiaries in
U.S., total
mil. $_. 10, 757. 8 11,416.6
918. 9
935.5
954.2
Death benefits
do
388.8
400.4
4, 533. 5 4, 831. 4
398.8
Matured endowments
do.
75.8
67.9
74.6
898. 7
931.1
Disability payments
do
13.0
12.5
14.3
160.6
163.0
Annuity payments
do
83.5
961.0 1, 038. 9
85.5
86.7
Surrender values
do
148.5
158. 8
1, 833. 7 1, 932. 3
164.5
Policy dividends
_ '
do
209.3
210.4
2. 370. 3 2. 519. 9
215. 3
r
Revised.
p Preliminary.
1
End of year; assets of life insurance companies are annual statement values.
§ See note "{" on p. S-17.
cf Other than borrowing.
| Revisions prior to 1965 for cash
transactions with the public (seas, adj.) and for Jan. 1964-July 1965 for assets of all life insurance companies will be shown later.
916. 2
978.7 1, 081. 1
984.2
909.8 1,139.5
879.4 1, 246. 3 964.3
406.2
450.0
425. 1
418.1
503.0
411.8
403.5
381.9
480.1
73.0
88.0
80.9
82.3
94.8
77.9
85.1
74.6
74.8
13.7
15.2
14.0
13.6
16.6
12.2
14.4
12.7
15.9
95.3
92.5
95.7
90.9
100.3
104. 5
90.0
85.3
85.0
165.0
189.4
178. 2
178.6
196.5
162.1
157.0
148.3
174.8
163.0
188.0
242.8
200.7
228. 3
186.4
169.2
415.7
176.6
*New series; latest revised data for earlier periods appear in the Aug. 1965 and July 1966
issues of the SURVEY.
HData for net receipts and total expenditures reflect exclusion of
certain interfund transactions.
STJKVEY OF CURRENT BUSINESS
October 1966
1965
Unless otherwise stated, statistics through 1964 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
Annual
S-19
1966
1965
Sept.
Aug.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
8, 120
6,151
1,420
549
8, 494
6,564
1,392
538
11,352
7,980
2,750
622
10, 173
7,308
2,291
574
9,938
7,431
1,878
629
9,945
7,468
1,908
569
9,200
6,633
2,041
526
9,589
7,118
1,910
561
1, 265 ' 1, 321 ' 1, 304
'995
'999
'957
213
'218
'206
'96
'102
'105
1,300
981
217
102
1,339
997
238
103
13,632 13, 532 13, 434
26
20
-57
133 101,401 101, 534
1,781
1,931
2,463
13, 332
-61
34, 334
2, 426
13, 259
-50
13, 258
1.293
Sept.
FINANCE—Continued
LIFE INSURANCE— Continued
Life Insurance Agency Management Association:
Insurance written (new paid-for insurance) :t
Value estimated total
mil $
Ordinary
do
Group and mass-marketed ordinary
do
Industrial..__ do.
Premiums collected: t
Total life insurance premiums
Ordinary
Group and wholesale _
Industrial
_
do
do
do
do
105, 008 i 142, 124
82,479
73^130
24,566 i 52,349
7,312
7,296
8,966
6,811
1,554
601
9,979 137,703
6,859
7,085
2,542 129,997
621
578
10,296
7,286
2, 374
636
12, 180
7,601
4,055
524
14, 385 '15,176 ' 1, 234 ' 1, 205 '1,277 ' 1, 261 ' 1, 545 ' 1, 264 '1,226 ' 1, 380 '
'944 ' 1, 037 '964
'921 ' 1, 058
10, 768 '11,357
'924
'972
'906
' 212 ''272
'221
2,225 V' 2, 436
'197
'199
'190
'208
'206
'105
'101
1,391 ' 1, 383
'104
'236
110
'97
'101
'107
MONETARY STATISTICS
Gold and silver:
Gold:
Monetary stock, U.S. (end of period) _._mil.$_ _ 15,388
13, 733 13,857 13, 858 13,857 13, 805
Net release from earmark§
do
256
142
81
-198
43
18
422, 744 1,285,097 108, 028 126, 324 101, 275 101,335
Exports
_
thous $
Imports
_
do
40, 888 101, 669 17, 794
1,539
1,888 56, 027
Production, world total
South Africa..
Canada
United States
_
Silver:
Exports
Imports _ . _ _
Price at New York
Production:
Canada.
__ _
Mexico
United States
_
13, 733
-72
67, 842
10, 102
13, 732
-37
10, 877
3,037
13, 730
31
0
2, 159
13,634
20
67, 775
10, 766
mil. $__ 21,395.0
do
1, 019. 8
do
133.4
51.4
do
1, 069. 4
125.6
58.6
91.0
10.5
.89.7
10.2
90.4
10.5
91.6
10.4
89.3
10.2
91.2
9.8
87.8
9.6
90.5
10.1
90.8
10.1
91.9
10.2
89.3
9.2
89.4
thous $
do
_ dol. per fine oz
144, 121
66, 311
1. 293
54, 061
64, 769
1.293
4,199
5,716
1.293
1,534
6,104
1.293
4,046
4,722
1.293
5,072
10, 809
1.293
3,908
7,688
1.293
4,616
6,475
1.293
8,875
6,546
1.293
7,929
6,452
1.293
7,358
7,277
1.293
15, 527
6,080
1.293
18, 022
6, 629
1.293
6,638
7,055
1.293
1.293
thous fine oz
_ _
do
do
29, 933
41, 716
45, 872
31,916
40, 333
44, 423
2,507
3,647
3, 231
3,043
3,566
2,957
3,020
3,677
3,871
2,801
2,273
3,580
3,496
2,424
4,027
3,026
2,960
3,736
4, 149
2,583
2,792
2, 694
4,104
2,867
3
6, 825
3,625
3,555
3,793
5,611
39.6
42.1
40.2
40.4
40.8
41.8
42.1
41.1
41.3
41.5
41.5
42.1
42.6
42.7
42.9
162.6 ' 160. 3 ' 163. 1 ' 165. 7 ' 167. 3 172.0
167.8
173.0
'35.7
36. 5 '37.1
'36.4
35.5
36. 5
'35.3
36.0
' 127. 3 ' 124. 8 127.5 ' 129. 7 ' 130. 8 ' 134. 9 136.5 '131.4
137.6
141. 4
140.2
143. 5 ' 144. 3 ' 145. 2 ' 147. 3 148.7
'5.5
'4.1
'5.2
'6.3
'4.6
5.0
'3.8
'7.3
167.8
'36.6
131.3
150.2
4.6
171.6
36.8
134. 8
152.2
'3.1
166.9
37.0
129.9
153.9
7. 2
Currency in circulation (end of period)
bil. $
Money supply and related data (avg. of daily fig.) :J
Unadjusted for seas, variation:
Total money supply
bil. $
Currency outside banks___ _ _
do
Demand deposits
do
Time deposits adjusted^
do
U.S. Government demand deposits
do
Adjusted for seas, variation:
Total money supply _ _
Currency outside banks
Demand deposits _ _ __
Time deposits adjusted!
_
' 156. 4
33.5
122.8
119.4
5.8
do
do
do
do
Turnover of demand deposits except interbank and
U.S. Govt., annual rates, seas, adjusted:
Total (225 SMSA's) 9 -.ratio of debits to deposits
New York SMSA .
_
do
Total 224 SMSA's (except N.Y.)
do
6 other leading SMS A'scf
do
218 other SMSA's _
do
' 163. 0 ' 164. 1
'35.7
'35.5
' 127. 5 ' 128. 5
141.6
' 140. 0
44.7
89.5
32.9
41.4
29.2
48.4
99.6
35.4
44.9
31.4
48.4
99. 4 •
35.5
44.9
31.7
47.2
95.4
35.3
44.1
31.4
' 165. 2 ' 165. 6 ' 167. 2 ' 168. 0 ' 168. 2 ' 169. 3
36.1
36.9
36.3
'36.6
'36.0
36.8
' 129. 3 ' 129. 5 ' 130. 9 '131.4 ' 131. 4 132.3
' 143. 7 145.5 ' 146. 9 ' 147. 8 ' 148. 5 ' 149. 5
47.4
96.3
35.1
43.8
31.4
50.5
104.7
37.0
47.6
32.1
50.6
102.2
37.5
47.7
33.3
50.7
104.5
37.0
47.3
32.7
50.9
105.6
37.0
47.6
32.5
52.3
107.1
38.3
49.1
33.5
167.9
168.8
166.9
37.3
37.8
37.8
131.5
130.1 ' 129. 0
* 154. 1 ' 155. 8 ' 157. 0
'8.2
'6.3
5.2
171.1 ' 169. 6
'170.9 ' 170. 2
'37.4
437.2
' 37. 7
' 37.1
' 133. 7 ' 132. 9 4' 133. 7 r 131.9
153. 7
155. 3
' 151. 4 ' 153. 0
52.8
112.0
37.7
47.8
33.3
52.4
109.3
37.8
49.8
32.8
53.7
109.1
39.0
51.1
33.7
53.1
108. 3
38.9
51.1
33.8
' 169. 6
'37.8
'131.8
156.7
169.4
37.9
131.5
156.9
4.5
170. 5
37.9
132.6
157. 0
54.4
112. 7
39.3
52.2
34.1
PROFITS AND DIVIDENDS (QTRLY.)
Manufacturing corps. (Fed. Trade and SEC):
Net profit after taxes, all industries
..mil. $__ 23, 211
Food and kindred products
do_ . _ _ 1,692
Textile mill products
do
507
Lumber and wood products (except furniture)
314
mil. $_.
Paper and allied products
do .
754
Chemicals and allied products
do
2,857
Petroleum refining
.
do
4,094
Stone, clay, and glass products
do
681
Primary nonferrous metal
do
758
Primary iron and steel
do
1,225
Fabricated metal products (except ordnance,
machinery, and transport equip )
mil $
842
Machinery (except electrical)
do
2,001
Elec. machinery, equip , and supplies
do
1,512
Transportation equipment (except motor
vehicles, etc.)
mil $
546
Motor vehicles and equipment
do
2,808
All other manufacturing industries
do
2,617
Dividends paid (cash) , all industries
do
Electric utilities, profits after taxes (Federal Reserve)
mil $
Transportation and communications (see pp. S-23
and S-24).
27, 521
1,896
694
6 590
522
176
7,484
511
201
7,229
469
162
8,375
5525
194
5753
3,188
4,442
761
970
1, 401
338
105
184
789
1, 079
253
214
312
84
219
815
1,214
206
251
290
68
213
847
1, 207
115
294
324
124
241
948
1,228
260
351
440
1,151
2, 499
1, 926
304
652
471
278
658
594
313
680
546
383
858
615
721
3,496
s 3, 285
184
469
876
203
985
976
186
973
833
10, 810
11,979
2,623
3,756
3 040
3,188
2,375
2,568
626
632
758
632
37, 122
40, 108
5
239
948
1, 021
SECURITIES ISSUED
Securities and Exchange Commission:
Estimated gross proceeds total
By type of security :
Bonds and notes, total
Corporate
Common stock
Preferred stock
mil $
2, 354
3,029
2,661
2,537
2, 262
2,861
34, 030 37, 836
861
1,370
10, 865
837
13, 720
116
2,679
78
76
1,547
92
8
412
15
725
r
2
Revised.
i Includes $27.8 bil. coverage on U.S. Armed Forces.
Estimated; excludes
3
U.S.S.R., other Eastern
European countries. China Mainland, and North Korea.
Data
4
for Nov.-Dec.
Beginning June 1966, data exclude balances accumulated for payment
of personal loans (amounting to $1,140 million for week ending June 15).
* Beginning with
the period noted, data reflect reclassification of companies between industries and are not
strictly comparable with those for earlier periods.
^Revisions for 1964-Apr. 1965 for insurance written and for Jan.-Aug. 1964 and Jan.-July
do
do
do
do_
6,340
2, 948
3,021
3,008
4,250
3,668
3,182
5,072
3,425
4,261
3,315
3,114
2, 834
2,878
3,833
3,457
6,083
2,789
983
1,037
1,616
1,372
1,143
1,152
1,142
2,065
1,487
40
56
737
55
182
396
165
68
72
70
74
13
75
21
119
92
28
86
1965 for premiums collected will be shown later; those for money supply and related data
for 1959-July 1965 appear in the Sept. 1966 issue of Federal Reserve Bulletin.
§ Or increase
in earmarked gold (—).
UTinie deposits at all commercial banks other than those due to
domestic commercial banks and the U.S. Govt.
9 Total SMSA's include some cities and counties not designated as SMSA's.
(^Includes Boston, Philadelphia, Chicago, Detroit, San Francisco-Oakland, and Los
Angeles-Long Beach.
SURVEY OF CUERENT BUSINESS
S-20
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1964
1965
Annual
October 1966
1966
1965
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July 1 Aug.
Sept.
FINANCE—Continued
SECURITIES ISSUED— Continued
Securities and Exchange Commission— Continued
Estimated gross proceeds— Continued
By type of issuer:
Corporate, total 9
mil. $__
Manufacturing
do
Extractive (mining)
do
Public utility _
do
Railroad
- - d o
Communication
do
Financial and real estate
do
Noncorporate, total?
________do
IT S Government
do
State and municipal.
do
New corporate security issues:
Estimated net proceeds, total
__do
Proposed uses of proceeds:
New money, total
do
Plant and equipment
do.-__
Working capital
do
Retirement of securities
do
Other purposes
do
State and municipal issues (Bond Buyer) :
Long-term
__ _
_ _ do
Short-term
do
930
364
19
305
13
29
134
1.538
435
25
365
26
202
343
986
287
28
169
20
96
284
1,398
424
21
242
11
47
544
1,646
492
64
307
14
60
437
1,339
370
21
399
46
142
153
1,273
541
34
249
42
163
116
2,482
1,001
28
344
40
304
296
1,582
703
15
371
35
77
122
1,106
392
50
277
47
44
157
2, 427
1,168
53
330
16
279
283.
1,093
449
12
288
21
51
159
1, 424
371
718
1,490
342
984
1,675
369
867
4,942
3,463
1,682
475
1,176
1,735
345
845
1,768
457
848
426
1,181
2, 076
412
877
2, 645
397
1,118
2,332
1,018
1,302
331
768
2,086
11. 148
13, 957
3,046
421
2,760
333
2,189
3,856
15, 992
5,417
342
23, 165
10, 656
10, 544
24, 116
2,936
284
947
4.276
9,348
411
678
13, 792
15. 801
919
1,523
973
1,377
1,632
1,325
1, 259
2,452
1,559
1,095
2,391
1,079
11,233
7,003
4,230
754
1,805
13,063
1,249
797
452
130
143
834
480
355
49
90
1,183
584
598
52
143
1, 279
699
580
136
217
1,214
959
255
22
88
1,068
817
251
22
169
2,039
1,482
557
7
407
1,399
1,137
262
7
154
1,000
746
254
38
58
2,245
996
1,741
760
572
188
69
91
1,786
459
27
119
969
647
322
33
77
10,544
5,423
11.084
6,537
718
557
984
543
867
397
1,018
665
768
332
1,176
355
845
382
848
608
1,181
1,061
877
865
1,118
384
678
174
'764
620
1488
5, 101
i 1, 169
1
4, 132
!534
i 5, 543
i 1, 666
491
5,543
575
5,862
13,706
3,552
1,479
3,661
5,777
3,609
3,706
581
5, 576
1,730
658
5,232
622
5,096
1,192
3, 771
539
5,016
1,369
534
4,908
95.1
111.5
93.9
110.6
93.5
111.0
92.8
109.3
92.7
108. 4
92.3
107.7
84.46
U S Treasury bonds, taxable H _ _
do
Sales:
Total, excl. U.S. Government bonds (SEC):
All registered exchanges:
Market value
mil. $__ 2, 882. 48
2, 640. 74
Face value
do
New York Stock Exchange:
2 782 80
IVIarket value
do
2, 542. 26
Face value
do
New York Stock Exchange, exclusive of some
stopped sales, face value, total
mil. $ 2,524.50
Yields:
4.57
Domestic corporate (Moody's)
_ .percent. _
By rating:
4.40
Aaa
_. _do__ _
4.49
Aa
__
do
4.57
A
do
4.83
Baa
do_ _
By group:
4.52
Industrials
do
4.53
Public utilities _ _ _
_ _ _ _ _ .do
4. 67
Railroads
do
Domestic municipal:
3.20
Bond Buyer (20 bonds)
_ _
_ _ do _
3.22
Standard & Poor's Corp. (15 bonds)
do
83.76
84.00
83.27
82.97
3. 794. 22
3. 288. 68
294. 76
256. 23
398. 73
332. 00
3, 643. 11
3. 150. 16
282. 80
245. 19
2. 975. 21
4.64
7, 712
5,352
967
361
SECURITY MARKETS
Brokers' Balances
(N.Y.S.E. Members Carrying Margin Accounts)
Cash on hand and in banks
Customers' debit balances (net)
Customers' free credit balances (net)
Money borrowed
625
3,669
3,586
645
5,671
1,822
3, 603
91.1
106.3
90.5
106.9
89.5
105.2
87.9
103.9
87.6
105.9
87.6
104.5
82.22
81.21
81.15
79.32
78.92
79.75
424. 51
345. 52
373. 10
296 25
368.03
490. 17
359. 80
287. 99
383. 38
296. 12
485. 14
373. 14
389. 95
323. 26
414. 32
336. 49
361. 09
285. 05
469.00
350. 45
348. 47
278. 54
371. 60
285. 18
244. 98
307. 79
290. 84
272. 00
302.78
252. 64
4.65
4.69
4.72
4.75
4.84
4.89
4.49
4.57
4.63
4.87
4.49
4.59
4.65
4.88
4.52
4.63
4.69
4.91
4.56
4.66
4.71
4.93
4.60
4.69
4.75
4.95
4.68
4.80
4. 85
5.02
4.61
4.60
4.72
4.63
4.60
4.73
4.65
4.64
4.77
4.67
4.67
4.81
4.71
4.71
4.83
3.28
3.27
3.29
3.25
3.41
3.36
3.40
3.42
4.15
4.21
4.19
4.25
17, 682
19, 488
507
do
do
_ _ _ do. _
2,805
9,298
3,154
10, 317
637
115
189
1
do
__ do _ _
do
do
do
1, 573
422
680
268
1, 678
2,174
446
768
314
7.05
7.70
3.43
3.81
4.57
6.00
7.65
8.48
3.86
4.09
4.90
6.33
mil $
do
do
do
1
525
1,475
550
1,666
1,765
604
r
601
5,797
5,798 ' 5, 700 5,645
1,744
1,658
3,858
1,839
3,741
3,807
' 1, 595 1,595
3,786
3,785
87.0
103.2
86.0
100. 9
84.1
97.7
82.6
98.6
79.56
78.93
77.62
77.02
77. 15
423. 27
334.44
394. 28
344. 51
312. 44
258. 46
254. 63
222. 05
306. 60
291. 76
466. 96
358. 35
402. 67
318. 91
380. 69
333. 50
301. 98
248. 57
247. 12
215. 03
295. 65
279. 97
250. 95
331.66
253. 71
285. 53
208. 88
169. 94
273. 90
232. 94
4.94
5.10
5.16
5.18
5.28
5.36
5.50
5.71
4.74
4.83
4.91
5.06.
4.78
4.90
4.96
5.12
4.92
5.05
5.12
5.32
4.96
5.10
5.18
5.41
4.98
5.10
5.17
5.48
5.07
5.16
5.29
5.58
5.16
5.25
5.36
5.68
5.31
5.38
5.48
5.83
5.49
5.58
5.69
6.09
4.79
4.82
4.91
4.84
4.85
4.97
4.91
4.90
5.02
5.06
5.08
5.18
5.09
5.21
5.19
5.12
5.23
5.20
5.25
5.32
5.26
5.33
5.39
5.37
5.49
5.54
5.48
5.71
5.78
5.65
3.50
3.47
3.54
3.56
3.54
3.52
3.83
3.63
3.59
3.72
3.62
3.59
3.78
3.68
3.83
3.77
3.96
3.94
4.24
4.17
4.03
4.11
4.27
4.34
4.43
4.43
4.61
4.63
4. 55
4.57
4.63
4.74
4.80
4.79
2,735
1,333
537
3,881
1,561
756
2,870
1, 385
526
3,043
1,401
542
2,988
305
1,763
122
277
431
21
141
199
4
572
293
1,880
124
280
438
21
111
197
3
2,064
187
326
193
4
261
2,504
428
460
23
127
295
443
22
121
200
2
311
1,950
126
2
150
9
29
12
114
245
70
76
40
316
153
25
84
26
2
146
7
26
12
118
252
113
81
54
343
156
19
107
25
3
159
9
48
14
121
258
74
73
47
349
160
27
84
26
3
160
6
29
17
124
261
80
82
44
349
160
21
88
23
2
161
9
29
18
128
258
78
82
49
7.59
8.42
3.88
4.07
4.92
6.31
7.63
8.47
3.90
4.08
4.92
6.31
7.78
8.67
3.96
4.16
4.92
6.31
8.12
9.03
3.99
4.28
4.93
6.57
8.15
9.06
4.02
4.34
4.94
6.59
8.18
9.10
4.03
4.35
4.94
6.59
8.22
9.16
4.03
4.35
4.94
6.59
8.23
9.17
4.08
4.35
4.94
6.65
8.23
9.18
4.08
4.35
4.94
6.65
8.24
9.18
4.09
4.35
4.94
6.65
8.26
9.18
4.10
4.39
5.14
6.65
8.28
9.19
4.12
4.44
5.14
6.65
8.30
9.22
4.14
4.53
5.14
6.90
8. 29
9.22
4.14
4.53
5. 14
6.97
250. 31 246. 50 254. 52 260. 91
235. 08
Price per share , end of mo. , composite _ do
258. 55
284. 32 279. 07 290. 30 301.00
Industrials
__
_ _
_
do
108. 76
117. 08 115. 46 116. 95 118.38
Public utilities
' do
94.01
95.06 94.36 95.11 99.69
Railroads
do
T
Revised.
* End of year.
9 Includes data not shown separately,
cf Number of bonds represented fluctuates; the change in the number does not affect th<
continuity of the series.
255. 62
296. 07
115. 84
258. 09
299. 67
257. 90
300. 28
252. 36
293. 20
106. 81
110. 59
244. 95
286. 15
105. 41
102. 01
246. 67
288. 13
106. 33
102. 66
236. 01
274. 18
102. 45
230. 25
227. 17
211. 05
207. 85
Bonds
Prices:
Standard & Poor's Corporation:
Industrial, utility,
and railroad (AAA issues):
Composited1
_. _ _ _-dol. per $100 bond. .
Domestic municipal (15 bonds)
do
U.S. Treasury bonds, taxable©
do
Stocks
Cash dividend payments publicly reported:
Total dividend payments
mil. $
Finance
Manufacturing
Mining
_ _
Public utilities:
Communications
Electric and gas
Railroads
__.__
Trade
Miscellaneous
_
_
_ _
Dividend rates and prices, common stocks
(Moody's) :
Dividends per share, annual rate, composite
dollars. .
Industrials
_ do
Public utilities
_
_ _ do
Railroads _ _ _ _ • _ _ _ _ _
__• _ _ _ d o
N.Y. banks
_
do
Fire insurance companies __
_ _ _ _ do
601
2,035
i
267.22 262.90 244. 39 239. 01
94.57
99.95 101. 03 92.51
80.17
93.56
92.58 89.63 81.22
102.30 103. 46 109. 88
] Prices are derived from average yields on basis of an assumed 3 percent 20-year bond.
O For bonds due or callable in 10 years or more.
114.86
111.34
SURVEY OF CUERENT BUSINESS
October 1966
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1964
1965
Annual
S-21
1966
1965
Sept.
Aug.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
FINANCE—Continued
SECURITY MARKETS— Continued
Stocks— Continued
Dividend yields and earnings, common stocks
(Moody 's):
Yields, composite
_. .percent. _
Industrials
do
Public utilities
_ _
do
Railroads
do
N.Y. banks _
do
Fire insurance companies.
do
Earnings per share (indust., qtrly. at arm. rate;
pub. util. and RR., for 12 mo. ending each qtr.) :
Industrials
__
_
dollars
Public utilities
do
Railroads _ _ _
_
do
Dividend yields, preferred stocks, 14 high-grade
(Standard & Poor's Corp.)
percent--
3.00
2.98
3.15
4 05
2.97
2.50
3.06
2.98
3.30
4.30
3.33
2.74
14.39
5.41
6.97
16.50
5 92
8.16
4.32
4.33
4.34
4.32
4.38
4.41
4.47
4.51
318. 50
910. 88
157. 88
216. 41
312. 37
887. 70
155. 44
214. 21
321. 61
922. 18
157. 51
218. 86
330. 89
944 77
157. 19
231. 09
335. 45
953. 31
157.11
238. 11
337. 09
955. 19
152. 00
245. 33
346. 95
985. 93
151.26
255. 52
Prices:
Dow-Jones averages (65 stocks)
294. 23
Industrial (30 stocks)
834. 05
Public utility (15 stocks)
146. 02
Railroad (20 stocks)
204. 36
Standard & Poor's Corporation :cf
Industrial, public utility , and railroad:
Combined index (500 stocks) __._ .1941-43=10.- 81.37
Industrial, total (425 stocks) 9 _ _ _ _ . _ . do
Capital goods (122 stocks) .
do
Consumers' goods (188 stocks)
do
Public utility (50 stocks).
do
Railroad (25 stocks)
do
Banks:
New York City (10 stocks)... _.
___do
Outside New York City (16 stocks). __.do_._.
Fire and casualty insurance (22 stocks), do _
Sales (Securities and Exchange Commission) :
Total on all registered exchanges:
Market value
mil $
Shares sold
millions
On New York Stock Exchange:
Market value
mil $
Shares sold (cleared or settled)
millions
Exclusive of odd-lot and stopped stock sales
(N.Y.S.E.; sales effected)
millions..
Shares listed, N.Y. Stock Exch., end of period:
Market value, all listed shares
bil $
Number of shares listed
.millions. _
3.08
3 02
3.36
4 31
3 25
2.90
3.00
2 92
3 33
4 29
3 17
2.94
2.98
2 88
3 35
4 17
3 43
2.96
3.18
3 05
3 44
4 18
3 51
2.94
14.60
5 82
7.22
3.16
3 02
3 50
4 19
3 51
2.63
3.17
3 03
3 62
3 96
3 55
2.70
3.36
3 20
3 87
4 26
3 81
2.95
3.269
3I
3 77
3 93
3 78
2.79
18.26
5 92
8 16
3.34
3 19
3.84
4 24
4 03
2.82
3.49
3.35
3.99
4.65
3.95
2.97
3.64
3.50
4.08
4. 95
4.30
2.98
3.93
3.77
4.48
5 58
4.85
3.22
3.99
3.86
4.38
5 65
4 60
3.15
18. 10
6.08
9.18
17.10
6.03
8.56
4.83
4.78
4.83
4.93
5.00
5.18
5.23
42
15
87
99
331. 16
926. 43
141. 49
252. 80
337. 27
943. 70
140. 26
260.64
314. 62
890. 70
137. 32
233. 07
311. 51
888. 73
134. 07
229. 24
308. 07
875. 87
133. 72
227. 18
286. 45
817. 55
126. 68
207. 91
276. 79
791.65
126. 20
197. 05
4.63
347
977
145
264
3.59
3.44
4.10
4.74
4.18
3.05
88.17
86.49
89.38
91.39
92.15
91. 73
93.32
92.69
88.88
91.60
86.78
86.06
85.84
80. 65
77.81
86.19
76.34
73.84
69.91
45. 46
93.48
85.26
81.94
76.08
46.78
91.68
83.25
80.23
74. 71
46.13
94.93
86.91
82.34
76.10
46.96
97.20
90.28
83.90
76.69
48 46
98.02
91.62
83.75
76. 72
50.23
97.66
91.42
83. 31
75.39
51.03
99.56
93.35
84.28
74.50
53.68
99.11
93 69
83.48
71.87
54.78
95. 04
90 28
78.96
69.21
51.52
98.17
93.54
79.28
70.06
52.33
92.85
88.78
75.12
68.49
47.00
92.14
87.34
73.75
67.51
46.35
91. 95
86.38
73.87
67.30
45.50
86.40
79.81
69.91
63.41
42.12
83.11
74.74
67.89
63. 11
40.31
39.64
77.54
67.20
38.92
71.35
64.17
38.96
70.98
60.75
40.43
72.74
60. 79
39. 68
71.68
58.58
37.19
69.26
59. 56
37.71
70.27
66.13
37. 24
70.93
67.86
36.10
70.51
66.98
34.11
65.19
63.28
33.67
64.17
65. 27
32.32
61.22
63.33
32.39
61.32
61.64
32.50
62.38
62.63
30.09
59.33
61.28
28.87
57.44
59. 52
72, 147
2 045
89, 225
2,587
5,952
163
7,993
222
9,664
279
8,603
262
11, 683
345
11, 022
304
11,169
302
12, 978
337
12,909
357
12, 268
302
9, 673 r 8, 301
200
228
9,663
236
60, 424
1 482
73, 200
1,809
4,937
120
6,662
165
7,857
199
6,879
163
9,200
231
8,651
206
8,789
198
10, 359
224
9,893
221
9,800
209
7,772
162
6,655
141
7,805
168
1,237
1,556
109
155
164
147
191
183
166
192
186
171
141
120
162
120
474. 32
9,229
537. 48
10, 058
500. 62
9,863
517. 67
9, 931
532. 83
9,984
530.77
10, 013
537. 48
10, 058
542. 75
10,136
535. 38
10,180
523. 93
10,245
536.36
10,276
507.77
10,507
502. 41
10, 612
497. 11
10, 733
458.66
10,787
454. 89
10, 818
FOREIGN TRADE OF THE UNITED STATES
FOREIGN TRADE
Value
Exports (mdse.) , incl. reexports, totalQ
Excl. Dept. of Defense shipments
Seasonally adjusted
By geographic regions: A
Africa
Asia
Australia and Oceania
Europe
mil. $__ 26,488.8 27,346.2 2, 188. 3 2,163.0 2, 444. 0 2, 505. 4 2, 606. 5 12,132.5 2, 297. 5 '2,817.6 2,600.5 '2,616.7 2, 569. 9 2,428.5 2,348.5
25,670.6 26,567.1 2, 123. 5 2,140.2 2, 419. 5 2, 440. 4 2, 550. 5 12,132.5 2, 210. 3 '2,746.7 2,464.7 '2,505.7 2, 468. 2 2,328.6 2, 277. 8
(Jo
2,332.9 2,324.1 2,341.6 2,408.2 2,355.8 2, 248. 6 2, 334. 8 '2,594.2 2, 331. 2 '2,364.3 2, 485. 8 '2,460.5 2, 460. 5
do
1, 222. 5
5, 233. 7
750.1
8,326.7
1, 224. 1
5, 495. 8
850.7
8, 851. 6
111.9
422. 1
104.9
670.4
129.2
401.1
78.9
666.7
105.6
458.8
67.1
806. 0
84.5
480.3
66.3
857.6
91.0
525.9
60.2
880.4
85.9
400.6
56.9
765. 2
86.2
447.2
60.2
790.3
132.0
533. 6
70.2
993.5
114.4
495.6
60.0
820. 4
114.7
442.0
61.5
828.1
116.7
497.7
64.7
773.2
100.9
497. 0
71.5
717. 1
105.7
506. 3
73.0
702. 8
4,746.7
2, 044. 8
2, 129. 7
5, 587. 1
2, 094. 6
2, 141. 7
440.1
170.9
172.2
458.5
172.8
191.9
532\ 5
188.6
210.6
528.3
193.0
197.4
524.8
190.4
227.8
434.1
170.3
178.1
457.4
161.3
177. 2
567.1
212.0
217.8
564.6
176.7
196.0
623.5 606.7
186.2 ' 187. 3
213.4
193. 9
506.4
188.2
223. 5
500. 8
174.2
207. 1
__._do
do
268.2
396.1
157.6
437.8
23.6
41.9
17.8
50.0
11.9
35.7
6.4
27.7
6.1
21.2
5.8
30.6
12.0
23.2
22.8
41.4
18.6
33.3
22.6
30.8
24.3
31.3
13.2
37.2
16.5
31.1
Asia; Australia and Oceania:
Australia, including New Guinea.... ..do
India
do
Pakistan
do
Malaysia
do
639.6
955.0
375.7
77.0
700.7
928.0
335.9
89.5
78.1
75.2
31.3
7.5
60.9 "* 52.3
73.3
72.9
14.0
22.9
7.4
7.1
56.3
53.3
25.5
8.1
50.1
63.0
42.3
8.0
46.3
62.3
17.3
23.0
49.9
88.4
15.8
3.7
58.8
116.9
13.2
4.1
51.0
97.9
11.7
4.1
47.6
63.0
16.8
3.7
54.0
71.5
17.4
3.9
58.5
68.3
31.8
3.5
62 8
83.4
14.9
3.8
68.1
361.5
1,912.6
41.5
336.3
2, 057. 5
2.1
24.7
156.7
4.3
34.5
145.6
2.7
32.0
169.9
2.7
25.4
196.6
3.8
26.1
202.6
2.3
24.1
157.9
2.9
23.9
174.6
2.5
27.5
194.3
3.1
29.6
196.0
2.4
26.6
174.2
3.0
29.3
189.2
8.7
27.2
173.2
4.0
28.5
202. 1
805.9
20.2
1,315.2
901.8
12.6
1, 501. 8
72.7
.6
120. 1
61.8
.5
114.1
78.9
1.2
147.0
86.1
.9
159.7
88.0
3.4
129.6
83.3
3.7
131. 5
84.0
1.6
121.2
98.7
1.4
166.1
82.6
4.2
143.9
83.2
3.4
131.0
79.5
.6
127.9
78.3
.6
118.7
65.6
1.8
123. 9
Northern North America.
Southern North America
South America
By leading countries:
Africa:
United Arab Republic (Egypt)
Republic of South Africa
Indonesia
Philippines
Japan
Europe:
France
East Germany
West Germany
do
do
do
do
_ . _ . do
do
do
do
do
do
do
_-._do
. ___ do .
864.4
833.4
86.5
59.5
60.7
Italy _
_
do
44.4
144.6
3.1
3.1
1.5
Union of Soviet Socialist Republics. __ .do. ._.
143.9
1,471.4 1, 564. 8
126.3
117.5
United Kingdom
_.
do
' Revised.
^Preliminary,
i See note 2 for p. S-22.
2 Beginning Jan. 1966, excludes
data for Singapore; such shipments amounted to $3.6 mil. in that month.
cfNumber of stocks represents number currently used; the change in number does not
affect continuity of the series.
9 Includes data not shown separately.
68.9
67.9
75.4
74.2
65.3
81.3
81.7
85.1
71.8
88.5
.6
4.2
4.8
6.2
5.2
2.8
2.6
3.1
4.3
2.9
118.4
128.2
138.6
164.1 140.0
138.1
140.9
118.0
175.6
155.6
O Beginning Jan. 1965, data reflect adoption of revised export schedule; in some instances,
because of regrouping of commodities and release of some "special category" items from the
restricted list, data for commodities and countries are not comparable with those for earlier
periods.
A Excludes "special category" shipments.
SURVEY OF CURRENT BUSINESS
S-22
1965
Unless otherwise stated, statistics through 1964 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
Annual
October 1966
1965
Aug.
Sept.
Oct.
1966
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
FOREIGN TRADE OF THE UNITED STATES—Continued
FOREIGN TRADE— Continued
Value— Continued
Exports (mdse.), incl. reexports—Continued
By leading countries— Continued
North and South America:
Canada '
mil. $
4, 774. 5
5, 586. 7
440.1
458. 5
532.5
528.3
524. 8
434.1
457.4
567.0
564.5
623.5
606.7
506.4
500. 8
do
3,737.9
3, 750. 6
304. 1
327.3
354.5
344.8
375.8
310. 4
303. 4
379. 6
331.0
357.3
338.8
368.3
339. 3
Argentina
Brazil
Chile
do
do
do
261. 6
387.8
180.9
266.0
328. 6
235.3
25.9
24.7
17.4
18.4
32.0
31.1
25.5
39.9
21.3
22.7
35.9
23.2
22.8
52.1
26.3
16.8
39.5
20.8
16.7
31.5
22.3
18.7
53.6
20.7
15.0
46.0
19.4
18.1
51.2
23.3
16.0
34.2
23.3
19.2
53. 6
21.5
19.0
55.1
21.8
Colombia
Cuba
IVIexico
Venezuela
do
_ do
do
do
246.2
0)
1, 092. 4
606. 3
196.4
(')
1, 105. 2
623.7
13.4
0
88.9
52.8
15.5
0)
93.1
49.9
17.2
0
98.0
58.3
18.3
0
99.2
54.0
23.9
0
99.0
56.9
18.0
0
93.5
45.0
21.9
0)
86.9
44.6
25.2
«
108.6
51.7
23.3
0
88.2
49.6
28.0
0
98.2
49.8
24.7
0
96.8
52.1
28.1
0
101.5
56.3
24.1
0
89.3
46.1
Latin American Republics, total 9
Exports of U.S. merchandise, total Ot
-do - 26, 136. 4 27,003.3 2, 161. 0 2, 133. 2 2,411.9 2,472.2 2, 576. 0 22,105.3 2, 264. 0 ' 2, 778. 2 2,557.9 '•2,567.8 '2,531.1 2,397.4 2,314.8
25, 318. 2 26, 224. 5 2,096. 2 2, 110. 4 2, 387. 4 2, 407. 2 2, 520. 0 22,105.3 2, 176. 8 '2,707.3 2, 422. 1 ^2,456.8 2, 429. 5 2, 297. 5 2, 314. 8
Excl military grant-aid J
do
By economic classes:
2, 897. 5
Crude materials
- do_
2, 540. 2
Crude foodstuffs
do
1, 687. 4
Manufactured foodstuffs and beverages do
4, 067. 2
Semimanufactures c?
do
14, 893. 8
Finished manufactures cf
do
14, 076. 1
Excl military grant-aid
do
By principal commodities:
552.3
491.0
571.0
652.2
551. 1
6, 347. 5 6, 228. 6
587.0
549.6
484.6
647.5
624.8
Agricultural products, total 9 _ _
do
459. 3
518.6
505.7
Animal and vegetable oils and fats
Cotton unmanufactured
Fruits, vegetables, and preparations
Grains and preparations
Meat and meat preparations
Tobacco and manufactures A.
Nonagri cultural products, total 9-
do
do
do
do
do
do
429. 4
690.2
434. 7
2, 579. 8
181.3
544.5
do
19,788.9
Automobiles, parts, and accessories _do
Chemicals and related products!
do
Coal and related fuels
do
Iron and steel prod (excl. adv. mfs ) do
1, 720. 8
2, 326. 2
504.7
895.7
Machinery, total§ 9
6, 344. 8
__
Agricultural
Tractors, parts, and accessories
Electrical
Metalworking§
Other industrial__
Petroleum and products
_
Textiles and manufactures __ _
General imports, total J
Seasonally adjusted t
By geographic regions:
Africa.. _ _
Asia
Australia and Oceania
Europe
-
_ do
20,774.7 1, 701. 7
1,648.6 1, 824. 9 1, 820. 0
1,928.5 1, 599. 6
1,745.4
2,153.6 2, 005. 6 2,018.5 1, 980. 1 1, 906. 4 1, 743. 8
do
229.0
do
547 3
do
1 540.2
do
520. 6
__ do__ _ 2, 991. 7
do
_ _do_ _
471.4
804.9
do_ _ _ 18, 684. 0 21, 366. 4 1, 716. 0 1,797.6 1,997.1 1, 966. 7 2, 159. 9 1, 828. 7 1, 822. 5 2, 245. 7 2,071.2 2, 092. 5 2, 193. 5 2, 072. 0 2, 180. 2
do
1, 763. 6 1, 806. 8 2,005.9 1, 903. 3 2, 034. 6 1, 935. 5 1, 992. 9 2, 072. 7 2, 138. 2 2,070.2 2,114.9 2, 206. 8 2, 148. 1
_ _ do__
do
do
do
Northern North America
_
do
Southern North America
do
South America _ _ __
.
do
By leading countries:
Africa:
United Arab Republic (Egypt)
do
Republic of South Africa
_ do
Asia; Australia and Oceania:
Australia, including New Guinea
do
India
_ _
do
Pakistan
do
Malaysia
__ .
do
Indonesia
do
Philippines _
do
Japan
__ __
do
Europe:
France...
_
do
East Germany
do
West Germany..
do
Italy
.
do
Union of Soviet Socialist Republics
do
United Kingdom
__do_
North and South America:
Canada
_ _
do
916.5
3, 619. 5
439.7
5,307.3
875.1
4, 528. 4
453. 5
6, 293. 0
68.4
394.7
36.7
486.8
89.1
423.4
47.4
489.9
87.9
411.0
55.5
621. 1
81.1
412.4
35.2
592.3
90.0
446.6
37.7
661.5
70.9
373.8
37.8
556.5
72.2
375.6
43.3
534.1
119.0
438.0
41.7
689.8
88.5
434.6
48.6
637.7
102.5
416.2
41.4
644. 4
75.7
449.8
69.0
656.8
79.4
448.8
50.8
629.3
75.0
518.7
57.1
644. 8
4, 241. 6
1, 639. 3
2, 508. 5
4, 837. 1
1, 741. 1
2, 626. 2
408.3
123.1
198.9
414.7
118.2
214.1
416.4
136.4
268.4
448.9
151.9
243.2
470.1
178.0
274.7
403.1
161.3
225.2
417.0
153.9
225.4
520.7
182.8
252.7
472.8
170.0
218.8
511.4
156.1
219.6
554.6
155.5
230. 7
477.1
149.6
236.1
516.2
156.0
212.4
16.2
249.5
16.1
225. 1
.6
15.3
.5
27.6
.6
16.3
.5
26.3
1.2
25.6
2.8
16.5
1.0
14.1
1. 9
31.3
3.6
17.4
.8
37.2
2.0
21.9
1.4
23.1
.6
15.5
314.1
281.1
304. 5
348. 0
40.0
44.8
211.9
161. 1
165.3
169.7
387. 2
369. 1
1,768.0 2, 414. 1
25.1
28.0
4.2
13.6
10.8
35.3
231. 0
35.1
31.8
3.6
24.5
14.7
33.5
224.1
43.0
27.0
3.3
18.6
16.2
31.2
227.8
23.2
27. 3
2.6
18.5
13.8
28.5
231.3
28.7
33.8
5.3
26.9
15.7
39.9
221.9
26.2
28.9
6.3
3
8.3
12.5
29.2
200. 8
31.6
25.4
5.5
18.7
12.6
32.5
190.0
24.3
26.0
6.5
10.4
16.3
40.6
250.1
27.3
29.0
5.7
17.1
18.8
34.6
245.4
27.0
27.6
5.9
15.4
16.0
21. 8
234. 8
50.2
26.9
5.1
13.0
18.2
35.2
245.9
30.3
23. 0
6.0
12. 9
11.7
40.6
256.5
35.4
27. 3
4.5
18.2
16.1
39.2
303. 9
495.0
6.7
1,171.1
526.2
20.2
1, 143. 2
615.3
6.5
1, 341. 6
619. 7
42.6
1, 405. 3
53.3
.3
91.2
56.1
2.4
112.1
41.7
1.4
110.4
53.1
1.9
111.8
54.7
.3
135.7
58.5
8.2
148.2
54.3
.4
133.1
58.8
3.5
137.1
61.5
1.2
131.9
67.9
5.7
165.3
47.6
.5
130. 1
49.3
1.9
124. 5
50.4
.4
119.7
51.6
4.8
106.0
63.8
.8
156.8
58.5
3.4
151.7
53.3
.5
131.8
56.1
3.7
138.0
61.3
.8
141.7
58.4
4.5
149.7
58.^5
.6
151.3
64.9
4.5
144.1
58.4
.7
149.4
61.2
5.0
138.6
60.0
.4
144.0
71.8
6.1
148.4
4,238.5
4, 831. 9
407.6
413.5
416.0
448. 6
469.7
402.5
416.9
519. 9
472.8
510.8
554.3
476.4
515.0
do
3, 523. 7
3, 676. 6
270.4
276.2
348. 5
342.4
380.5
323.8
328.7
369.1
326.3
318.3
326.. 1
327.9
301.0
do
do
do
111.3
534.7
218.2
122.1
511. 9
209.4
10.4
36.1
11.9
11.8
54.3
18.9
11.3
65.6
24.9
10.4
62.9
23.1
10.8
63.0
11.5
11.3
48.5
19.4
9.3
48.1
17.2
12.9
42.9
22.2
14.4
44.9
16.2
13.7
43.1
18.0
14.5
48.1
17.9
11.3
42.3
20.0
12.4
25.5
17.4
Colombia _ _
do
24.1
280. 4
276.7
22. 8
31.4
Cuba__
_ _
do
0
0
0)
(0
0)
Mexico
__
do
643.1
637.9
39.2
47.3
41.8
"Venezuela.,.. _ _ _ _ _ _ _ _ __ __ _ _ _do _ _
956.4 1.020.6
77.5
84.5
68.9
r
2
Revised.
* Preliminary.
1 Less than $50,000.
Military grant-aid shipments for
Dec. 1965 (ordinarily included with Jan. 1966 data) are included in Feb. 1966 data; subsequent
months will include these shipments on a 2-months delayed basis. 3 Beginning Jan. 1966,
excludes data for Singapore; such shipments amounted to $1.0 mil. in that month.
t Revi-
27.0
0
63.7
70.3
31.6
0
65.5
110. 1
22.6
0
62.9
84.6
27.8
0
65.2
81.7
20.9
0
73.1
111.6
20.7
0
70.1
82.2
26.8
0
64.8
69.0
20.1
0
58.7
84.6
15.0
0
54.6
90.9
22.8
0
56.5
87.1
Latin American Republics, total 9
Argentina
Brazil
_
Chile... _._ _
sions for Jan.-Nov. 1964 will be shown later.
9 Includes data not shown separately.
O See similar note on p. S-21. • tf Data for semimanufactures reported as "special category"
are included with finished manufactures.
A Manufactures of tobacco are included in the
nonagricultural products total.
§ Excludes some "specil category" exports.
SURVEY OF CURRENT BUSINESS
October 1966
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1964
1966
1965
| 1965
Annual
S-23
Aug.
Oct.
Sept.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
FOREIGN TRADE OF THE UNITED STATES—Continued
FOREIGN TRADE— Continued
Value— Continued
Imports for consumption, total
By economic classes:
Crude materials
Crude foodstuffs
Manufactured foodstuffs and beverages
Semimanufactures
Finished manufactures
By principal commodities:
Agricultural products total 9
Cocoa (cacao) beans, inc^. shells
Coffee
_
Rubber crude (incl latex and gu^ yule)
Sugar (cane or beet)
Wool and mohair unmanufactured
Nonagricultural products, total 9 - -
mil. $
1,727.1 1,795. 0 2, 003. 9 1, 952. 9 2, 129. 8 1, 800. 8 1, 806. 2 '2,224.8 2,003.7 2, 065. 7 2,175.6 2, 051. 3 2,216.2
3 444 1
2,034 0
1, 812. 0
3 988 3
7,321 5
do
4 104 4
4 092 2
319 0
354 1
411. 2
399.0
428.6
353 3
371.6
431 2
390.4
358.3
387.2
342. 8
353. 7
do
do
do
do
do
130 9
1, 200. 3
200 6
458 4
205 3
120.5
1, 060. 2
182 3
444.7
235 1
11.3
77.8
11.2
42.7
19 1
14.5
83.6
15 3
48.8
20 1
8.9
128.7
17.4
50,8
17.9
7.6
125. 9
17.2
41.0
18.4
7.4
113.5
17.2
51.7
17.5
13 4
93.0
94
16 7
23 7
18.0
102. 5
18.3
28.8
21.1
15. 4
118. 2
15 2
36.3
27 9
10.1
97.1
18.7
37.8
29.2
12.6
91.2
16.4
30.1
18.5
6.2
80.2
17,2
47.2
21 4
9.3
74.6
11.3
61.8
16.2
4.6
63.8
16.1
45.5
19. 6
do____ 14,495.9 17, 189. 6 1,408.1 1, 440. 9 1,592.7 1, 553. 9 1, 701. 2 1,447.5 1,434.6 1,800.5 1,613.3 1, 707. 4 1, 788. 4 1, 708. 5 1,862.5
Furs and manufactures do
Iron and steel prod. (excl. adv. mfs.) do
Nonferrous ores, metals, etc.:
Bauxite, crude
do
Aluminum semimfs (incl. calcined bauxite)
mil $
Copper, crude and semimfs
do
Tin including ore
do
Paper base stocks
_
Newsprint
Petroleum and products
18,600.3 21,281 8
do
do
do
do
do
116 6
819.9
128.8
7.1
6.5
6.5
4.9
20.2
14 7
15. 7
20.3
11.7
12.7
13.1
7.8
9. 5
125 8
143.0
13.7
11. 1
11. 4
12.7
12.4
12 4
9.3
13 6
11.4
13.5
10.4
7.9
17.5
199 0
340 2
111 7
270. 5
302. 2
168.6
24.4
27. 9
92
20.3
25. 4
16 5
23.9
35.4
13.1
22.6
24.3
18.1
29.1
26. 8
34.2
15 5
16.0
14 6
27.0
18. 1
6.3
32 5
25.7
7 4
29.7
23.7
16. 8
30.0
29.0
18.0
30.9
26.8
99
25.4
35.8
10 6
26.3
78. 4
17.2
451. 7
405. 5
789.6
752 5
1 872 4 2,063.3
37.4
65 1
159.4
36. 4
70 5
164. 0
36.3
67 6
172.0
41.2
67. 2
150. 1
37.7
78.5
200. 2
31.5
68 7
99 6
33.5
63.6
178.2
42.1
75 6
215 4
35.0
71.0
157.6
39.1
78.4
154.3
40.0
81.0
182.8
38.6
63.9
177.6
43.1
76.0
186. 7
143
146
102
144
152
106
137
146
106
139
147
105
158
166
105
159
167
105
167
175
105
Pl38
Pl46
v 106
P143
P 151
P106
p 177
P188
P106
135
133
99
i 153
i ]152
99
148
146
99
154
153
99
171
170
100
168
168
100
184
184
100
P 156
P 156
v 100
P156
p 156
p 100
p 190
P 192
P 101
P176
P 179
P 100
p 176
p 187
p 101
p 185
p 177
plOl
thous. sh. tons
mil. $
171 055
17 004
171 810
16 927
15 675
1 342
14 997
1 346
r
17 279
1 564
16, 304
1 527
14, 733 12 423 13 480
1 618 1 340 1 396
15, 461
1,740
15 814
1 537
16 147
1 540
16 763
1,520
thous sh. tons
mil. $
233 808
13 437
255 454
14 935
22 078
1 225
21 222
1 295
22 304
1 412
20, 381
1 352
24, 222
1 474
19 010
1 264
17 572
1 212
21, 982
1,479
19 740
1 406
20 616 24 337
1 408 1,503
thous sh tons
mil $
163 3
1 844 6
228 7
2 289 4
18 2
189 6
17 9
173 1
19 2
202 0
22 6
234 4
21 2
231 9
18 9
221 1
20 0
220 5
22 9
226 4
24 5
224 4
21 1
240 2
20 9
225 2
18 7
208 1
thous sh tons
mil- $
64 3
956 1
96 1
1, 315 9
68
95. 1
81
94 0
83
144.8
87
123. 9
11 7
154 7
8 2
112.0
7 3
118 2
94
150 8
89
137 1
90
129 2
96
142.3
9i
135.3
87 1
94 1
23 8
7* 4
5* 1
91 0
98 4
22 4
72
4 9
90 6
102 5
23 2
8.0
57
p 33 9
P 34 i
22 4
506
22 4
599
_
do
do
do
Indexes
Exports (U.S. mdse., excl. military grant-aid) :
Quantity
1957-59-100
Value
do
Unit value
do
Imports for consumption: cT
Quantity
do
Value
do
Unit value
do
Shipping Weight and Value
Waterborne trade:
Exports (incl. reexports) :§
Shipping weight
Value
General imports:
Shipping weight
Value
Airborne trade:
Exports (incl. reexports):
Shipping weight
Value
General imports:
Shipping weight
Value
_
_
TRANSPORTATION AND COMMUNICATION
TRANSPORTATION
Air Carriers
Scheduled domestic trunk carriers:
Financial operations (qtrly. total) :
Operating revenues, total 9
mil $
Transport, total 9
_
do
Passenger
do
Property.
_ _ _ _ _ _
do
;
U.S. mail (excl. subsidy)
do
Operating expenses (incl. depreciation) do
Net income (after taxes)
do
Operating results:
Miles flown (revenue)
mil
Express and freight ton-miles flown do
Mail ton-miles
flown
do
Passengers originated (revenue)
do
Passenger-miles flown (revenue)
bil
Express Operations (qtrly.)
Transportation revenues
mil $
Express privilege payments
do
Local Transit Lines
Fares average cash rate
cents
2 831
2,805
2 527
187
65
2 531
136
3 306
3 278
2 933
218
74
2,886
223
822 1
726 9
184 7
61 9
41 9
940
921
219
71
49
412 4
118 2
431.4
119 3
9
6
6
4
2
885
878
788
55
17
739
79
83
77
17
6
4
6
6
2
8
9
79 7
86 7
17 7
6.1
4 2
854
846
747
61
22
762
49
83 0
95 0
19 4
6.3
4 2
106.7
31 1
99 1
22 2
22 2
22 2
21 2
, £• 7QO
K-l Q
eon
6 OK A
559
Operating revenues (qtrly. total)
mil. $ "
1, 408 ' 1 444
Motor Carriers (Intercity)
Carriers of property, class I (qtrly. total):
Number of reporting carriers
2 1, 018
Operating revenues, total
mil. $
6,176
Expenses, total
do
5 890
Freight carried (revenue)
mil. tons
366
T
Revised.
p Preliminary.
i See note "cf" for this page. 2 Number of carriers filing
complete
reports for 1964.
s As compiled by Air Transport Assn. of America.
4
Reflects New York City 13-dav transit strike.
9 Includes data not shown separately.
78 8
85 2
19 9
5.9
38
84
99
29
6
4
5
9
4
3
5
876
868
775
58
21
788
45
84 9
75 9
19 8
6. 3
4 4
78 0
79 4
20.2
5.8
4 0
22 3
fifli
9
3
2
9
103.9
25.6
119 1
32 5
22 3
574
87
96
24
6
2° 3
4 477
29 3
528
22 3
607
104 4
28 9
22 3
579
22 3
590
22 3
566
cf Beginning Jan. 1965, indexes are based on general imports, instead of imports for consumption as formerly.
§Excludes "special category" shipments and all commodities exported under foreign-aid
programs as Department of Defense controlled cargo.
S-24
SUEVEY OF CUREENT BUSINESS
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1964
1965
Annual
October 1966
1966
1965
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
TRANSPORTATION AND COMMUNICATION—Continued
TRANSPORTATION— Continued
Motor Carriers (Intercity)— Continued
Freight carried, volume indexes, class I and II
(ATA):
Common and contract carriers of property
(qtrly.) . ..average same period, 1957-59=100*
Common carriers of general freight, seas, adj.*
1957-59=100..
Carriers of passengers, class I (qtrly.) :§
Number of reporting carriers
Operating revenues, total
_-_mil. $._
Expenses, total.-..
_
do
Passengers carried (revenue)
mil-Class I Railroads
Freight carloadings (AAR):
Total cars. .thous _ _
Coal
do
Coke
do
Forest products
do
Grain and grain products
do
Livestock
do
Ore _ _ _ _
do
Merchandise, l.c.l- _ _ _ _
do
Miscellaneous
do
Freight carloadings, seas. adj. indexes (Fed. R.):
Total
1957-59=100.Coal ,_.
do
Coke
do
Forest products _
do
Grain and grain products
do _ _ _
Livestock. _
do
Ore
do
Merchandise, l.c.l
do
Miscellaneous. _
do
Financial operations (qtrly.) :
Operating revenues, total 9
mil. $
Freight
do
Passenger
do
Operating expenses
do
Tax accruals and rents
do
Net railway operating in com a
do
Net income (after taxes)
do
Operating results:
Ton-miles of freight (net), revenue and nonrevenue (qtrly )
bil
Revenue ton-miles*
do
Revenue per ton-mile (qtrly. avg.)
cents..
Passengers (revenue) carried 1 mile (qtrly ) mil
Waterway Traffic
Clearances, vessels in foreign trade:
Total U.S ports
mil net tons
Foreign vessels
do
United States vessels
do
Panama Canal:
Total
thous. Ig. tons..
In United States vessels..
do
Travel
Hotels:
Average sale per occupied room
dollars
Rooms occupied
% of total
Restaurant sales index. ..same mo. 1951=100..
Foreign travel:
U.S. citizens' Arrivals
thous
Departures
do
Aliens: Arrivsls
- do
Departures
do
Passports issued and renewed. _
do
National parks, visits
do
Pullman Co. (qtrly.):
Passenger-miles '(revenue)
mil
Passenger revenues
mil $
COMMUNICATION (QTRLY.)
Telephone carriers:
Operating revenues 9
mil $
S t ati on re ven ues
do
Tolls, message 5
do
Operating expense * (before taxes)
do
Net operating income
do
Phones in service end of period
mil
Telegraph carriers:
Domestic (wire-telegraph):
Operating revenues
mil $
Operating expenses, incl. depreciation
do...
Net operating1 revenues
do._.
Internationahcf
Operating revenues
do
Operating expenses, incl. depreciation
do...
Net operating revenues
do
150.9
131.9
1413
i 147
568.4
483.5
211. 2
i 147
604.7
511. 5
213.2
147
188 1
142.6
59.4
29,027
5, 530
423
1,960
2,625
29. 554
5,679
440
2,003
2.657
2,353 2 2, 865 2 3,2 108
2556
610
467
34
236
239
158
2194
2200
2284
2252
220
2,347
472
29
160
238
2,189
465
29
156
211
2,103
434
32
147
234
153
2,005
639
15,693
125
1.962
465
16, 222
7
222
34
1,210
16
129
31
1,273
10
73
29
1,217
96
95
113
100
96
49
97
27
98
97
97
100
103
97
40
95
20
100
94
101
117
99
101
34
86
18
96
98
100
80
106
107
50
113
17
99
102
98
83
112
114
45
117
18
105
9,778
8,384
576
7,680
1,285
813
694
10, 208
8,836
553
7,849
1,396
963
816
2,575
2,215
156
1 965
360
250
205
2,668
2,316
132
2 022
355
292
276
2,518
2,207
122
1,954
351
213
172
670.3
659.3
1.282
18, 248
709.3
697.7
1.266
17, 389
178.7
175 6
1 261
5,151
185 2
181.9
1 273
4 084
181.8
177.9
1.241
3 657
<55.8
460.1 2 4 73. 2
*53.7
202.2
166.9
35.3
208.7
174.7
34.0
18.6
15.6
2.9
18.4
15.4
3.0
19.5
16.0
3.5
18.8
15.7
3.1
16.8
14.1
2.7
74, 210
10, 750
78.927
9.080
6,809
628
6,035
716
7,065
767
7,090
973
6,442
789
7, 123
780
6,340
762
7,193
895
6, 849
821
6,847
798
7,065
925
9.53
61
111
9.71
62
112
9.99
65
106
10.15
66
116
10.44
70
112
10.41
60
109
9.08
49
115
9.64
60
106
9.83
62
118
9.41
65
123
10.26
66
117
9.73
67
127
2,913
2, 841
1,890
1,653
1,133
33, 976
3,351
3,341
2,093
1,819
1,330
36. 509
504
365
230
213
105
8,346
348
265
251
184
80
3,631
258
224
189
188
59
2, 534
226
195
154
134
59
1,219
200
221
155
152
59
817
231
232
158
119
84
741
227
248
131
111
104
762
280
262
163
133
176
1,075
301
330
192
153
187
1,766
333
308
195
163
200
2,625
2,218
37.76
2,014
34.55
556
9 38
458
8 04
474
8 15
449
7 66
10, 938
5,922
3,827
6,496
1,924
77.4
11,750
6,272
4,188
7,076
2,091
81.5
2,964
1,573
1 064
1 765
538
80 4
3,056
1,620
1,108
1,873
530
81 5
3,104
1,637
1, 124
1,849
556
82.7
3,210
1,669
1,185
1,890
589
83.6
299.4
264.2
21.1
305.6
267.4
23.8
77.3
68.6
53
77.3
65 7
90
76.8
66 9
5.3
80.2
67.8
6.6
107.4
3 83. 0
•' 17. 6
112.2
87.0
21.0
27.0
21 2
5.0
29.2
9
24
6.0
28.9
21 7
6.2
29.9
?2. 1
6.8
143.1
154. 7
148.9
148.8
141.6
144.3
151.7
153.8
154.7
155.0
159.8
155.7
157.3
2,096 22,790
2 542
413
244
34
2198
150
2273
225
2,229
329
35
161
209
2,175
360
33
150
236
2, 357
469
32
158
232
22,985
2570
241
2193
2260
7
65
27
1,158
6
67
26
1,174
2103
233
2 1, 591
7
155
26
1,307
2,434 2 2, 966
464
2528
36
242
163
2201
206
2283
27
7
226
2 299
24
2 30
1,308 2 1, 575
5
226
23
1,143
232
24
1,202
2292
232
21,583
99
94
92
103
115
34
112
16
102
97
92
94
101
110
36
103
14
101
100
99
94
105
109
33
109
14
103
97
75
101
107
108
32
149
14
101
94
98
118
103
89
31
89
13
96
'94
100
107
98
105
34
91
13
95
95
94
100
99
103
36
99
13
98
58.0
473.7
7,071
804
7,480
809
6,795
731
10.43
65
122
9.46
56
114
10. 49
65
111
356
459
208
188
210
5,492
149
8,730
132
8,572
154.5
154.6
226
2228
241
241
2 1, 533 21,683
215
2237
94
95
95
102
102
35
81
17
96
93
97
82
102
99
41
83
17
95
...
157.1
154
126.1
121.5
49.3
147
147 2
127.8
53.2
r
Revised.
*> Preliminary.
* Number of carriers filing
complete reports for 1964 and
3
1965.
2 Data cover 5 weeks; other periods, 4 weeks.
Revised total; quarterly revisions
are not available.
* Preliminary estimate by Association of American Railroads.
*New series. The monthly motor carrier index (ATA) is based on a sample of carriers
that represents approximately one-third of the class I and II common carriers of general
freight; monthly data back to 1955 are shown on p. 40 of the July 1966 SURVEY. Railroad
revenue ton-miles are compiled by Interstate Commerce Commission.
163.3
137. 6
28
100
105
108
107
111
32
105
13
101
95
98
106
103
102
31
91
13
97
215
2,728
2,394
132
300
4
94
3,837
§Effective 1st qtr. 1965, carriers reporting both intercity and local and suburban schedules
are classified as intercity if intercity revenues equal or exceed 50 percent of revenues from
both operations.
9 Includes data not shown separately,
cf Radio-telegraph and cable carriers. Comparability of data between periods shown has
been affected by organizational changes: certain operations reported prior to 1965, and others
reported through mid-1965, are no longer covered.
SURVEY OF CUEEENT BUSINESS
October 1966
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1964
1965
Annual
S-25
1966
1965
Aug.
Sept.
Oct.
Nov.
Dec.
Feb.
Jan.
Mar.
Apr.
May
June
July
1 395
1 360
1 323
Aug.
Sept.
CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Inorganic chemicals, production:
1 399
15 964
16 548
Acetylene
mil cu. ft
1 358 1,139
Ammonia, synthetic anhydrous (commercial)
737.6
thous. sh. tons
7, 634. 3 8, 607. 4
701.4
707. 4
1, 119. 6 1 173 8 112 6
97.5
Carbon dioxide liquid, gas, and solid
do
104 2
5, 945. 2 6 438 9
517.2
559.6
Chlorine, gas (100% Clz)
do
535.2
1,264.2 1 310 0 102 9
Hydrochloric acid (100% HC1)
do
108 9
116.8
4, 732, 5 4 860 0
Nitric acid (100% HNOs)
do
400.7
448.6
386.7
Oxygen (high purity)
mil cu ft
153 387 182 404 15 571 14426 15 409
3, 283. 0 3 845 1 330 3
313.7
343 g
Phosphoric acid (100% P20s)
thous sh tons
Sodium carbonate (soda ash), synthetic (58%
4, 947. 9 4 931 0
Na2O)
thous sh tons
409 2
398 5
414 6
137.9
Sodium bichromate and chromate
do
12 0
11.8
138 2
10 6
16,389.0 6 723 5
Sodium hydroxide (100% NaOH)
do
530.1 580.6
558.4
Sodium silicate (soluble silicate glass) , anhydrous
564. 6
thous. sh. tons
55.2
50.8
50 3
589 8
Sodium sulfates (anhydrous, refined; Glauber's
1, 315. 6 1 392 4 122 0
salt' crude saltcake)
thous sh. tons
123.1
125.9
22, 923. 5 24 822. 0 2 120.9 2 088.8 2 175.8
Sulfuric acid (100% H3S04)
do
Organic chemicals, production:^
Acetic anhydride
Acetylsalicylic acid (aspirin)
Creosote oil
1,380
1 523
1 411
762.1
87.9
542.0
113 4
441.0
14 753
333 5
816. 6
88 5
583 2
120 6
465 7
15 543
343 3
846.6
84 4
561 5
119 5
471 0
16 603
361 1
832.9
87 0
517.1
110 1
437 4
16 065
352 7
920 2
100 5
593 5
121 4
450 5
18 303
394 7
851.9
101 1
573.3
123 3
431 3
17 636
405 0
422 7
11 7
563 0
431 3
12 2
604.1
411 6
12 4
584 5
386 4
11 4
532 3
439 1
12 6
628 1
423 0
12 6
605.2
452 6
11 9
625 9
52.3
49 6
38 7
44 7
65 4
54 7
39 2
121 3
120 3
128 1
20608 2 211 7 2 168 0
1 278 1 533 1 370
846.9
976.1 r 889. 8
130 5
110 1
118 8
569.3
587. 4 r 560 5
121 4
127 8
132 6
399 2
428 9 r 394 9
18 634 !7 868 17 353
361 2
406 2 r360 8
119 2
123 8
111 6
129 4
2091 5 22972 2420 7 2314 9
11 6
595. 9
431 7
11 3
606.7
49.9
47.7
r433 1
r
116 6
r
2178. 3 2, 232. 2
r 118 4
il 1399.2 1 533 9
28.2
29 0
1 113. 3 2 108. 4
128 0
23
9.0
156 5
26
8.7
134 4
30
7.9
128 8
26
81
139 8
26
79
123 1
2 7
7 5
130 6
27
76
135 2
31
10 5
129 0
28
90
122 3
2 9
97
137 9
2,9
9.0
116 9
2.4
8.4
i 123. 7
i 117. 7
!2 839.9
144 6
107.3
3 085 5
13 5
8.7
252 3
11 3
13.2
274.1
9.6
10.9
252 8
10 0
9.9
263 4
13 9
7.8
290 5
13 4
6 4
278 4
12 3
80
269 9
12 0
83
309 7
14 2
11 9
290 1
14 0
10 5
296 1
11.4
9.1
315 4
12.2
8.7
274 6
320.1
27.6
397. 7
1555 5
353.2
24 7
433.3
579 1
30.3
28 2
36.0
48 1
27.9
29 8
34.1
47 7
33.7
32 6
35.1
47 5
30.5
28 4
36.1
47 1
28.3
24 7
42.1
53 1
28
30
39
55
8
3
4
0
28.6
28 6
36 0
49 0
29
30
39
57
30 1
16 6
39 1
54 9
29.9
20 8
36 7
57 1
32.4
20 1
mil tax gal
do
do
do
684 5
192 9
551.0
68 0
710 1
200 5
586.2
69 0
9
3
4
3
60 6
196. 9
46 1
61
74 0
197 8
46 9
67
7
3
8
5
62 3
200 5
47 6
52
54
208
50
4
8
4
6
9
49 5
211 9
46 4
51
54 6
211 5
52 0
6 5
mil. wine g a l
do
do
296.8
296 7
3.4
315.9
315 2
54
24.3
24 7
52
24.8
25 2
4 7
25.3
24 6
55
26 3
27 2
4 4
25 6
25 5
54
27 2
29 2
3 4
24 9
24 3
4 0
28 0
28 1
38
24 6
24 6
37
25 3
25 9
37
26.2
26 4
3.3
2? 1
22 3
30
9,578 s 310, 810
799
1 196
7,145 3 8, 104
1 026 3 1 053
1,039
97
803
101
935
157
624
120
1,119
151
805
129
944
135
674
97
895
106
666
96
869
74
725
58
1 152
173
852
89
1,150
272
747
47
1 002
103
786
74
1 174
192
854
73
1,086
128
736
115
1 378
140
1 000
115
1,194
172
821
104
20
20
284
38
15
10
175
43
10
5
82
32
12
8
118
33
12
5
214
0
147
158
365
r 520
337
647
mil Ib
do
mil. gal
DDT
mil.ib
Ethyl acetate (85%)
_ _
do
Formaldehyde (37% HCHO)
do
Glycerin, refined, all grades:
Production
_ _
_ _ . . _ do_
Stocks, end of period
do
Methanol, synthetic and natural
mil. gal
Phthalic anhydride
mil Ib
1
8
0
6
3
25.6
20 4
31.5
23.8
r 54 8
55 7
54 7
ALCOHOL
Ethyl alcohol and spirits:
Production
Stocks, end of period
Use for denaturation
Taxable withdrawals
Denatured alcohol:
Production
___
Consumption (withdrawals)
Stocks, end of period
54
196
45
5
62
200
45
7
53
208
45
6
1
5
7
1
52
206
46
7
50
207
48
6
9
8
9
1
8
9
6
1
53
210
40
4
1
3
9
8
FERTILIZERS
Exports, total 9—
Nitrogenous materials
Phosphate materials
_ __
Potash materials _
thous. sh. tons
do
do
do
__
Imports, total semimanufactures 9
do
Ammonium nitrate
do
Ammonium sulfate_
• ' _ _ _ _ '
do
Potassium chloride... __ _ ___ _do
Sodium nitrate
_
do
2,799
200
176
1,195
363
177
181
1, 780
398
19
6
191
22
14
14
179
17
14
7
227
g
21
10
136
50
15
10
183
47
9
18
181
18
H
19
139
17
15
26
290
44
Potash deliveries (KgO)
do
Superphosphate and other phosphatic fertilizers
(100%P206):
Production.
_ _
. thous. sh. tons
Stocks, end of period
do
3,088
3, 342
357
234
307
208
250
335
238
495
3,465
431
3,831
469
.9
1, 281. 6
.8
1, 459. 4
304
459
302
411
338
425
334
463
348
469
349
505
363
548
422
413
C
626
400
293
C
308
r
402
383
MISCELLANEOUS PRODUCTS
Explosives (industrial), shipments, quarterly:
Black blasting powder
mil Ib
High explosives
_ do.
Paints, varnish, and lacquer, factory shipments:
Total shipments, _ _
mil $
Trade products
do
Industrial
finishes
do
Sulfur, native (Frasch) and recovered:
Production
thous Ig tons
Stocks (producers'), end of period"
do
2
396.3
2
396. 8
.1
.2
371.4
471.7
2 002. 2 2, 169. 3
1 173 4 1 246 7
922.6
828.8
195 7
122 0
73 7
188 0
112 6
75 4
178 1
99 7
78 4
167 9
90 5
77 4
146 8
73 4
73 4
164 6
85 3
79 3
165 2
84 6
80 6
207 3
116 0
91 3
208 7
120 9
87 8
220 9
129 2
91 7
7 304
3,425
628
3 825
531
3 670
645
3 710
621
3 611
637
3 425
670
3 346
611
3 281
673
3 213
664
3 128
708
3 021
169.6
12 6
15 6
21.4
14 0
13.5
13 1
14 5
17.0
15.9
15 6
17.5
585.6
51 6
51 8
49.1
43 6
45 0
47 7
48 8
59.0
55 9
55 2
55.1
324.9
388.0
919.9
595.8
26.6
32 1
76 1
46.3
27.4
31 6
84 3
55.8
28.3
30.3
86.1
60.0
26.5
34 3
82 9
58 4
27.1
36 7
84.8
62.2
25
35
80
52
0
7
6
6
25.7
36 3
80 1
52 7
28.0
40.5
87.8
56.3
29.2
38 5
84. 3
53.0
31.7
38 8
78.6
54.2
29.7
40.9
84.3
58.0
2 002 5
2 28? 0
3,047.4
168.2
185 9
262.3
179.2
197 5
264.7
171.7
206.6
278.8
172 0
203 2
267^6
180. 7
218 7
282.2
179.0
215 7
279.9
177 4
214 7
260.1
191.5
221 6
291.1
197.6
221 4
274.6
207.3
225 1
288.7
203.2
215 6
292.7
6 250
4,227
*-232 9
!40 7
'92 2
198 5
121 3
77 2
683
2 984
738
3 014
r
PLASTICS AND RESIN MATERIALS
Production:
Cellulose plastic materials
_ _mil. Ib
i 161. 3
Thermosetting resins:
Alkyd resins
_ _
do
i 593. 6
Coumarone-indene and petroleum polymer
resins
mil. lb_.. 1354.3
Polyester resins __ .
__
do
i 316. 6
Phenolic and other tar acid resins _
do
i 832. 5
Urea and melamine resins
do
i 570. 3
Thermoplastic resins:
Styrene-type plastic materials (polystyrene)
mil. Ib 1 1,728.9
Vinyl resins (resin content basis)
do
i 2,066.8
Polyethylene
_
_ _ do
i 2,613.4
T
2
Revised.
i Revised annual total; revisions are not distributed to the monthly data.
Beginning Jan. 1965, data exclude creosote in coal-tar solutions (formerly included); these
averaged 930,000gallons per month in 1964.
3 See note "O" for p. S-21
cf Data are reported on the basis of 100 percent content of the cspecified material unless
otherwise indicated.
9Includes data not shown separately.
Corrected.
SURVEY OF CUEEENT BUSINESS
S-26
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1964
1965
October 1966
1965
Aug.
Annual
Sept.
Oct.
1966
Dec.
Nov.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
ELECTRIC POWER AND GAS
ELECTRIC POWER
Production (utility and industrial), total t
mil. kw.-hr_ 1,083,741 1,156,929 103, 858
Electric utilities, total
By fuels
By waterpower
983, 990 1,054,790
do
806, 917 861,342
do
_ __do_ _. 177, 073 193, 448
__ __ __
_
Privately and municipally owned util
0 ther producers (publicly owned)
Industri al establishments, total
By fuels
_ _ _
By waterpower
95, 299 102, 182 105,254
86, 985
71, 675
15, 310
86, 723
71, 260
15, 463
93, 480
76, 963
16,517
96, 468
79, 896
16, 571
86, 865
71 577
15, 288
93, 057
74, 890
18, 167
88, 079
71, 759
16, 321
91, 630
73, 193
18, 436
96, 492 104, 678 103, 632
80, 271 89, 054 87, 309
16, 221 15, 624 16, 323
94, 962 101, 899
96, 667 100, 559 105, 367 113, 380 112, 348
855, 632
199 158
77 925
17 316
69, Oil
19, 866
70, 998
15 987
70, 606
16, 117
75, 699
17, 781
77, 844
18 624
70 172
16 692
75, 354
17, 703
71, 694
16 385
73, 857
17, 772
78, 663
17, 830
85, 581
19, 096
99, 751
96, 523
3,228
102,139
98, 988
3 151
8 617
8,407
211
8,204
8,001
203
8,737
8,497
240
8,576
8,323
252
8,702
8,438
263
8,786
8,520
266
8 097
7,835
262
8,841
8,527
315
8,587
8,269
318
8,929
8,610
320
8, 875
8, 600
274
8,703
8,490
212
do
890, 356
953,441
83 922
83, 712
80 488
78, 551
81, 969
84, 755
84 418
84, 035
82, 324
82, 001
84, 542
89, 682
do
do
183 539
409 356
202,128
433 342
19 536
37 269
19, 021
37, 183
17 770
36 824
16,603
36, 707
16 699
37,043
17, 005
36, 836
16 988
36 183
17, 034
37, 711
17, 164
37, 800
17, 482
38,726
19 110
39, 159
21,309
38, 683
do
do
do
do
do
4 721
262, 010
8,290
20 651
1 789
4 653
280, 999
8,783
21 675
1,859
353
353
24 100 24, 474
722
675
1 797 1,791
167
192
367
22 759
773
1 825
169
381
22, 075
816
1,811
158
408
24, 866
863
1,971
120
401
27, 589
866
1,923
135
410
• 406
27 976 26, 024
776
797
1 944 1,928
151
125
382
24, 001
727
2,111
138
362
22, 433
689
2,144
166
350
22, 872
664
2 231
155
340
26, 220
668
2 300
162
do
_ do__
do
Railways and railroads
Residential or domestic
Street and highway lighting
Other public authorities
Interdepartmental
95, 722
88, 877
73, 875
15, 002
806, 446
177, 544
do
do
Sales to ultimate customers total (EEI)
Commercial and industrial:
Small light and power §
Large light and power§
97, 081
95,240
79 571
15, 670
8,716
8,509
207
Revenue from sales to ultimate customers (Edison
Electric Institute)
mil $ 14 408 5 15, 158. 8 1 325 8 1, 332. 2 1 284 0 1 242.2 1, 288. 4 1, 326. 4 1 324.6 1,304.7 1, 282. 8 1, 278. 3 1 327 1 1, 414. 5
GAS
Manufactured and mixed gas:
Customers end of period total 9
Residential
Industrial and commercial
thous
do
do
798
745
52
'•702
'659
42
'693
'652
'40
'702
'659
42
699
655
43
mil therms
do
do
1,541
976
552
'1,357
'809
r
534
'166
'66
'99
'345
'210
132
532
346
186
Revenue from sales to consumers total 9 mil $
Residential
do
Industrial and commercial
do
165 2
117 3
46 9
' 130 4
'87.2
'42 1
' r16 7
91
'7 5
'32.9
' 22. 2
10 4
48 0
33.5
14 5
Sales to consumers total 9
Residential
Industrial and commercial
Natural gas:
Customers end of period total 9
Residential
Industrial and commercial
thous
do
do
r
37/265
36, 298
33 350 '34 227
2 908 ' 2 997
mil therms
do
do
Revenue from sales to consumers, total 9 mil $
Residential
do
Industrial and commercial
do
Sales to consumers total 9
Residential
Industrial and commercial
'36, 239
'33 369
'2 831
'37, 265
'34 227
' 2 997
37,282
34,215
3,077
114 340 '1
18 748
37 699 r 39 190
71 293 r 74 657
'22 034
'3 397
'17 456
'29 748
'9 407
'19 069
41, 253
18, 272
22, 981
6 960 2 T7 278 5
3 772 3 '3 937 8
2 998 1 '3 166 0
'1 136 7
' 45° 2
' 647 4
r
2, 748. 8
1,675 4
1, 073. 4
l 816 3
' 963 9
r 805 7
FOOD AND KINDRED PRODUCTS; TOBACCO
ALCOHOLIC BEVERAGES
Beer:
Production
mil bbl
Taxable withdrawals
do
Stocks end of period
do
Distilled spirits (total) :
Production
mil tax gal
Consumption, apparent, for beverage purposes
mil wine gal
Taxable withdrawals
mil tax gal
Stocks, end of period
do
Imports
mil proof gal
Whisky:
""
Production
mil tax gal
Taxable withdrawals
do
Stocks end of period
do
Imports
mil proof gal
105 90
98 64
9 99
169 94
975
133
862
50
86
17
42
60
112 87
89 44
§39 ig
40 81
108 21
100 41
10 30
9 66
9 61
11 68
9 08
8 49
11 58
7 81
7 50
11 28
7 71
7 60
10 83
8 13
8.03
10 30
7 76
6 69
10 88
7 39
6 66
11 07
185 06
13 04
15 84
94 (p
11 84
865 973
5 6
19 11
20 02
19 65
17.32
17 02
26
16
865
6
6°
26
31
31
30
15
865
7
86
05
82
31
36 15
10 06
872. 90
6 73
19 15
9 40
877. 94
3 34
20
10
881
3
59
58
60
83
25
12
886.
5
10
7
836
4
11
11
833
5
85
12
24
64
13
10
832
6
16
47
11
53
12 92
6.58
835 85
5 95
13 28
6.20
840 16
2 94
12
7
842
3
49
50
55
31
15.06
7.87
846 87
4.49
' 293 46 21 76
138 52
10 65
872 90 865 42
4 33
58 04
126
r 90
835
51
88
05
85
10
9
6
836
3
36
62
20
82
91
94
2?
68
Rectified spirits and wines, production, total
Whisky
Wines and distilling materials:
Effervescent wines:
Production
Taxable withdrawals
Stocks end of period
Imports _ _ _ _ _
Still wines:
Production.
Taxable withdrawals
Stocks, end of period
Imports.. _
do
mil wine gal
do
do
d o
do
do
do
do
92 24
65 60
5 82
5 35
2 66
1. 19
193
164
231.
14
28
72
24
54
94 00
64 80
19.82
75
07
20
14
9 82
8.54
12.34
10 14
9 06
12 62
17.63
17 59
11.51
10.74
12.58
11.32
10.59
12.48
16.70
9.24
81
40
41
66
26 34
12.63
890. 76
4 99
22. 34
9.89
888.10
3 66
4.38
13. 18
7.41
850 07
4.00
12.71
8.15
851 45
4 07
11.50
7.56
852 97
4 38
4.94
6.00
849 98
2.82
3.74
23
11
888.
4
54
93
94
52
24
13
889
4
7 54
5 09
8 26
5 78
10 96
8 11
10 84
7 82
6 97
4.50
6 40
3.93
6 98
4 83
8 50
5! 81
8 10
5.36
9 49
6.38
8 12
5.06
5 93
3.83
7
6
3
1
29
25
10
45
52
41
3 66
'08
52
58
3 54
09
59
73
3 31
.20
77
91
3 14
.21
.93
.86
3 10
.22
.76
.40
3 40
.11
79
35
3 78
.11
.88
.48
4 14
.12
.65
.49
4 26
.10
.66
.50
4 34
.13
.82
.61
4.49
.11
.47
.38
4.55
.08
.10
232
167
262.
14
26
25
28
91
3 92
13 57
137. 14
1 01
49 80
15 33
171. 61
1 19
112 90
15 85
266. 87
1.37
35.72
16 25
279. 14
1.82
9.50
15 05
262. 28
2 01
7.37
12 00
254. 72
1.51
2 58
12 42
239. 59
.95
2.59
17.62
225.26
1.38
2.26
12 89
213. 69
1.16
3.03
12.66
202. 10
1.48
2.30
14.91
188. 79
1.30
1.52
9.81
178. 58
1.02
1.2l
Distilling materials nrodnop.rl at winp.rips rln
SfiQ 35
4fi8 58
17 fif)
198 fin snn 11
r
Revised.
JMonthly revisions for 1964 appear on p. 43 of the June 1966 SURVEY; production data for
all periods shown here include Alaska and Hawaii.
10 31
8.73
11.83
fifi 74
2Q. 91
1 1 . 33
4 50
2.82
4.46
2.31
1.65
2.37
§Data are not wholly comparable on a year to year basis because of changes from one
classification to another.
9 Includes data not shown separately.
October 1966
SURVEY OF CURRENT BUSINESS
Unless otherwise stated, statistics through 1964
and descriptive not^s are shown in the 1965
edition of BUSINESS STATISTICS
1964
1965
Annual
S-27
1966
1965
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
DAIRY PRODUCTS
Butter, creamery:
Production (factory)
Stocks cold storage, end of period
Price, wholesale, 92-score (N.Y.)
Cheese:
Production (factory) total
American, whole milk __ _
mil. Ib
do
$ per lb__
_
mil Ib
do
1, 441. 5
66.5
.599
84.0
192.5
.620
73.3
161.1
.627
77.8
124.8
.636
77.8
83.0
.641
90.8
52.1
.646
99.2
33.7
. 601
92.2
26.6
.627
101.5
25.5
.643
106.2
34.3
.632
116. 4
53.2
.641
114.8
84.7
.666
83.9
92.2
.717
77.3
'85.9
.736
142.5
' 96. 2
127.9
82.1
126.8
77.3
119.4
70.0
130.0
76.1
132.4
81.0
127. 6
78.3
158.7
100.2
165.6
113.0
184.2
130.5
194. 5
138.3
169.5
116.6
156.8
105.3
308.6
271.0
79.3
415. 0
364.3
4.2
386.6
340.6
5.3
351.9
310.5
6.4
335.3
297.2
9.3
308.6
271.0
11.4
301.1
262.9
11.4
277.6
238.3
7.2
270.7
230.4
11.1
296.9
252.9
7.8
324.0
276.4
5.9
363.7
315.1
10.3
386.3
335.9
9.7
.450
.441
.449
.457
.470
.490
.492
.501
.524
.507
.500
.517
.539
.562
95.9
1,693. 0
8.6
149.9
5.4
136. 3
7.6
123.7
9.1
110.9
10.3
120.6
9.5
117.2
9.1
118.4
9.1
147.0
9.3
165.6
11.2
193.2
11. 0
195.4
11.6
158.1
11.3
159.1
5.9
134.8
8.5
235.6
7.3
228.2
7.5
200.6
7.5
166.4
5.9
134. 8
5.2
103.2
5.4
61.9
6.6
40.2
5.8
73.6
8.5
128. 3
8.4
205.8
6.1
223.4
6.9
217.2
165.3
i 24. 7
6.9
2.4
2.6
2.3
5.5
2.5
3.0
1.8
10.0
2.7
8.7
2.1
2.0
2.2
9.7
3.1
4.7
3.4
9.1
4.4
8.6
2.5
8.3
3.5
10.7
4.9
1,322.8
52.1
.610
1,726.5 1,754.0
1, 157. 4 '1,159.6
326.0
Stocks, cold storage, end of period
do
American, whole milk_
_ _do_ __ 283.6
78.0
Imports
do
Price, wholesale, American, single daisies (Chi.434
cago)
$ per lb__
Condensed and evaporated milk:
Production, case goods:
94.6
Condensed (sweetened)
mil Ib
1, 888. 1
Evaporated (unsweetened)
do
Stocks, manufacturers', case goods, end of period:
6.9
Condensed (sweetened)
mil Ib
185. 3
Evaporated (unsweetened)
do
Exports:
62.8
Condensed (sweetened)
do
37.3
Evaporated (unsweetened)
do
Price, manufacturers' average selling:
5.99
Evaporated (unsweetened)
$ per case
Fluid milk:
127, 000
Production on farms
mil Ib
62, 883
Utilization in mfd dairy products
do
4.16
Price, wholesale, U.S. average
$ per 1001b__
Dry milk:
Production:
87.6
Dry whole milk
mil Ib
2,177. 2
Nonfat dry milk (human food)
do
Stocks, manufacturers', end of period:
7.0
Dry whole milk
do
108.8
Nonfat dry milk (human food)
do
Exports:
12.3
Dry whole milk
do
838. 6
Nonfat dry milk (human food)
do
Price, manufacturers' average selling, nonfat dry
.146
milk (human food)
$ per Ib
67.0
.754
' 399. 5 381.9
'346.4
330.7
10.8
6.09
6.08
6.11
6.13
6.11
6.12
6.14
6.33
6.46
6.55
6. 63
6.64
6.78
125. 061
60, 577
4.24
10, 046
4, 800
4.20
9,404
4,055
4.43
9,446
3,866
4.56
9,106
3,722
4.64
9, 556
4,070
4.62
9,865
4,352
4.54
9,254
4,218
4.55
10, 645
5,026
4.54
10, 874
5,270
4.45
11, 707
5,849
4.34
11, 397
6,152
4.36
10, 506
5,187
4.70
9,799
4,804
' 4. 99
88.6
1,992. 7
5.6
131.6
5.7
100. 7
6.5
102.0
7.8
105.6
8.7
129.9
8.2
130.3
7.7
123.2
7.5
146.0
8.1
167.5
7.6
188.0
8.9
192.5
7.0
132.0
7.5
110.5
5.0
58.2
6.8
109.8
6.0
74.0
4.9
65.4
4.3
59.2
5.0
58.2
5.0
59.6
6.2
53.8
5.9
47.5
6.7
78.1
9.2
110.0
8.7
139.3
8.8
142.3
8.2
130.1
120.0
i 438. 8
3.1
63.3
1.1
69.2
1.8
64.6
1.8
21.5
1.2
14.0
1.2
16.9
1.7
6.4
2.0
16.2
1.0
28.8
2.2
9.5
.5
8.3
1.2
26.0
2.6
19.7
.147
.147
.148
.148
.149
.150
.151
.152
.156
.169
.172
.174
.195
.202
11,385.6
120.3
124.3
134.8
144.2
131.7
112.0
127.9
161.3
160. 6
139.7
143.4
119.0
138.7
.562
6.93
9,328
5.24
GRAIN AND GRAIN PRODUCTS
Exports (barley, corn, oats rye, wheat) _ . .mil. bu__ 1, 385. 8
Barley:
Production (crop estimate)
Stocks (domestic) end of period
On farms
Off farms
Exports including malt§
Prices, wholesale (Minneapolis):
No. 2, malting
No. 3, straight
2 402. 9
309.9
190.1
119.9
74.4
2 411. 9
311.5
195. 2
116.3
165.9
5.0
400.7
257.2
143.5
6.8
8.5
8.3
311.5
195.2
116.3
5.1
4.2
6.3
199.4
105.4
94'. 0
4.5
7.9
1.21
1.13
1.33
1.27
1.28
1.26
1.27
1.25
1.31
1.28
1.38
1.36
1.34
1.33
1.37
1.35
1.40
1.38
1.36
1.35
1.32
1.29
mil bu
do
2 3, 584
193.6
2 4, 171
204.9
18.5
17.3
17.9
17.4
15.8
16.6
15.2
18.0
17.6
Stocks (domestic) end of period total mil bu
On farms
do
Off farms
do
Exports including meal and
flour
do
Prices, wholesale:
No. 3, yellow (Chicago)
$ per bu
Weighted avg., 5 markets, all grades
do
3,956
2,818
1,137
481. 6
48.9
51.5
2,900
2,160
741
65. 7
1.29
1.27
1.29
1.24
1.25
1. 22
Corn:
Production (crop estimate grain only)
Grindings, wet process
Oats:
Production (crop estimate)
Stocks (domestic) end of period total
On farms
Off farms
do
do
do
do
do
$ per bu__
do
mil bu
do
do
do
Exports, including oatmeal
do
Price, wholesale, No. 2, white (Chicago)
$ per bu__
Rice:
Production (crop estimate)
mil bags
California mills:
Receipts domestic rough
mil Ib
Shipments from mills milled rice
do
Stocks, rough and cleaned (cleaned basis), end
of period
mil Ib
Southern States mills (Ark., La,, Tenn., Tex.):
Receipts, rough, from producers
mil. lb__
Shipments from mills milled rice
do
Stocks, domestic, rough and cleaned (cleaned
basis), end of period
mil Ib
Exports
do
Price, wholesale, Nato, No. 2 (N.O.)
$ perlb__
1.23
1.23
2
4,099
3, 142
956
i 598. 9
1.28
1.25
4
48.8
1,170
4604
4
566
43.3
52.9
73.6
4,099
3,142
956
66.7
1.28
1.21
1.28
1.23
1.19
1.19
1.14
1.14
1.21
1.19
3 393. 9
7.3
108. 0
49. 2
58. 8
8.0
3.0
3.7
1.33
1.30
1.30
1.27
1.30
1.27
1.34
1.31
1.39
1.35
16.8
18.2
16.9
18.1
3 4, 097
17.1
64.6
53.4
1,814
1,347
468
55.3
43.4
51.8
1.28
1.24
1.28
1.26
1.32
1.25
1.39
1.33
1.48
1.40
4
4
2959
783
680
103
4.6
124.3
2.9
4.3
5.6
6.9
1.1
.3
.6
.8
3.4
5.2
3.9
3.6
2.3
.70
.74
.72
.71
.70
.72
.77
.78
.78
.77
.75
.74
.78
.77
.76
65
28
59
46
173
37
112
77
133
85
121
137
80
49
126
105
95
59
76
97
117
61
66
54
82
53
2 73. 1
276.9
1, 523
1,025
1.491
1,033
944
806
139
783
680
103
4323
4
248
4
75
549
461
87
1.44
1.40
3836
880
710
622
88
.75
384.5
185
207
87
72
122
180
207
158
162
143
146
80
111
99
97
5,575
3,665
5,711
M,020
907
244
1,547
385
1,403
442
482
408
337
400
332
360
195
316
133
291
108
253
72
288
25
365
98
271
896
232
1,670
2,933
.086
1,641
i 3, 411
.083
709
97
.082
1,356
151
.082
1,859
245
.080
1,787
440
.082
1,641
292
.082
1,527
335
.082
1,350
207
.082
1,170
233
.083
1,002
205
.083
763
295
.083
442
219
.083
254
404
.083
623
85
v . 083
1.22
1.24
Rye:
2
33 3
2 33 3
Production (crop estimate)
mil bu
36.0
28.8
Stocks (domestic) end of period
do
21.3
1.15
1.13
1.17
1.28
1.15
Price, wholesale, No. 2 (Minneapolis) __$ per bu._
2
T
C r op estinlate for the
for p. S-2 1.
Revised.
*> Preliminary.
i See note "O"
4
year.
s October 1 estimate of 1966 crop,
Old crop onljr; new crc>p not re ported u ntil
beginning of new crop year (July for barley, oats, ry 3, and wh sat; Oct. f or corn) .
4
4
9S 8
9A 8
18. 5
1.13
1.18
1.25
1.22
1.16
1. 17
1.14
1.19
5
Beginning June 1965, data include shipments to Gov't. agencies.
§ Excludes pearl barley.
9 Bags of 100 Ib.
327.3
1.23
S-28
SURVEY OF CURRENT BUSINESS
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1964
1965
Annual
October 1966
1965
Aug.
Sept.
Oct.
1966
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
GRAIN AND GRAIN PRODUCTS— Con.
Wheat:
Production (crop estimate), total.. _ _ _ _ _ _ .mil. bu__
Spring wheat. _ _ _ _ __
_ _ _ _ do__._
Winter wheat
_
- _ _ _ _ • _do
Distribution
_ ._
_ _ _ _do
i 1, 291
1266
i 1, 025
1,458
1 1,327
1303
i 1, 024
1,438
436
369
421
383
Stocks (domestic), end of period, total. _ __do.__
On farms
_ __
_ _ _ _
_do_ _.
Off farms
.
do
1, 449
390
1,060
1,339
408
931
1 708
563
1 146
1,339
408
931
919
257
662
3536
3
131
3 405
Exports total, including
Wheat only
819.5
746.2
flour
do
__ do
4
4
694. 2
646. 5
Prices, wholesale:
No. 1, dark northern spring (Minneapolis)
$ per bu__
2.06
1.83
No. 2, hd. and dk. hd. winter (Kans. City).db— _._
1.86
1.58
Weighted avg., 6 markets, all grades
do
1.92
1.70
Wheat flour:
Production:
» Flour
thous. sacks (100 Ib.) 265, 621 254, 584
Operations, percent of capacity,
93.5
90.9
Offal
thous. sh. tons
4,941
4,693
Grindings of wheat
thous bu
602, 209 575, 874
Stocks held by mills, end of period
thous. sacks (100 Ib.)- 4,314
5,068
Exports
_
-__
_ _ _ _ _ _ __do _ _
31, 475 * 20, 464
Prices, wholesale:
Spring, standard patent (Minneapolis)
$per!001b__
5.652
5.784
Winter, hard, 95% patent (Kans. City)__do
5.464
5. 390
21,296
2254
2 1, 042
63.6
58.3
69.4
64.2
67.2
60.6
55.2
51.0
58.8
54.3
58.5
56. 3
69.5
67.9
90.4
87.7
83. 6
77. 7
72.8
67.0
76.1
71.4
'68.8
'64.1
80. 5
74.7
1.79
1.59
1.70
1.84
1.61
1.76
1.84
1.63
1.72
1.88
1.65
1.76
1.87
1.64
1.75
1.86
1.66
1.75
1.89
1.65
1.77
1.87
1.64
1.74
1.84
1.65
1.72
1.87
1.74
1.78
1.98
1.89
1.88
2.10
1.99
1.96
2.09
1.98
1.98
22, 169
91.6
408
50, 275
23, 307
101.8
431
52, 838
23,399
102.1
428
52, 816
21, 296
93.0
388
48, 105
21, 543
85.5
392
48, 642
20, 169
87.7
368
45, 735
19, 621
89.6
357
44, 294
23, 013
90.7
416
51, 811
20,686
89.2
374
46,585
20, 628
89.0
373
46, 382
22,350 r 20, 027
92.4 '90.9
'367
403
50, 222 '45,402
22, 572
89.1
403
50, 119
2,277
4,136
2,250
2, 826
1,775
4,314
1,924
955
711
4,086
1,155
2,532
2,492
4,228
2,071
5.938
5.610
5.875
5.577
5.975
5.600
5.988
5.617
5.963
5.617
5.988
5.617
5.988
5. 567
5.913
5.540
5.925
5. 567
6.050
5.800
6.450 r 6. 905 * 6. 835
6.200 ' 6. 573 T 6. 480
459
2,232
318
2,249
961
448
325
2,397
1,151
373
313
2,236
976
443
361
2,469
1,148
576
1,115
513
370
2,103
932
466
2,015
2.09
1.93
2.08
2,495
LIVESTOCK
Cattle and calves:
Slaughter (federally inspected) :
Calves
_
_ _thous. animals. _
Cattle.
do....
Receipts at 26 public markets
do
Shipments, feeder, to 8 corn-belt States., .-do
Prices, wholesale:
Beef steers (Chicago)
$ per 100 Ib
Steers, stocker and feeder (Kansas City)__do
Calves, vealers (Natl. Stockyards, 111.) do
Hogs:
Slaughter (federally inspected) __ -thous. animals..
Receipts at 26 public markets
do
Prices:
Wholesale, average, all grades (Chicago)
$ per 100 Ib
Hog- corn price ratio (bu. of corn equal in value
to 100 Ib. live hog)__
Sheep and lambs:
Slaughter (federally inspected) thous. animals
Receipts at 26 public markets
do
Shipments, feeder, to 8 corn-belt States
do
Prices, wholesale:
Lambs, average (Chicago)
.-.— -$ per 100 lb_.
4,820
25, 133
14, 779
7,096
5,076
26, 614
13, 994
7,230
428
2,337
1, 254
533
478
2,406
1,304
906
492
2,390
1,412
1,261
470
2,334
1,497
1,403
433
2,314
1,128
710
382
2,304
1,110
484
376
2,037
943
389
22.86
19. 79
26.21
25.81
22.50
27.17
27.01
22. 97
23. 50
26.93
22.92
25.00
26. 58
22.88
25.00
26.33
23.02
27.00
26.41
24.12
29.50
26. 65
24.64
32.00
27.55
26.38
37.50
28.96
27.62
36. 00
27.73
26 74
35.00
26.54
26.31
33. 50
25. 33
24.92
33. 00
25. 73
25.26
24.15
25.51
26.50 p 28. 50
26.07
25.51
71, 667
19, 114
63, 708
15, 386
4,750
1,166
5,475
1,228
5,421
1,231
5,503
1,357
5,010
1,263
4,719
1, 161
4,650
1,091
5, 806
51,316
5,303
1,291
4,913
1,245
4,672
1,192
4,228
1,004
5,088
1,192
1, 305
14. 89
20. 98
23.88
22.49
23.19
24.07
26. 85
27.26
27. 15
24.00
21.72
22. 25
22.88
22. 65
23.85
13.2
18.1
20.1
18.7
21..6
23.7
24.8
23.9
23.7
21 .4
19.1
18.7
19.3
18.1
18.3
16.4
12,947
4, 436
2,547
11,710
3,450
2,157
973
334
191
1,106
382
342
1,032
384
392
943
359
187
910
271
161
907
254
107
785
206
80
1,033
5314
120
972
279
172
970
315
168
1,040
335
109
929
303
104
1, 024
398
230
427
21.93
24.29
23.75
23.00
23.50
23.75
25.88
27.88
28.25
26.75
25.75
27. 12
24.25
23. 75
24.75
24.00
29, 676
28, 336
2,283
2,459
2,462
2, 465
2,386
2,348
2,143
2, 500
2, 349
2,363
2, 432
2,197
2,480
702
665
1,088
484
4
535
1,012
399
45
98
400
48
102
411
56
104
453
55
93
484
50
99
487
42
92
509
35
101
528
43
94
585
32
107
572
31
88
518
38
143
495
34
98
'433
45
123
15, 653
328
57
841
15, 995
269
* 46
718
1, 370
186
2
87
1,413
201
3
71
1,410
211
4
72
1,383
244
6
65
1,397
269
3
61
1, 413
262
5
58
1,244
256
2
64
1,367
236
3
50
1,291
225
2
65
1,359
213
2
53
1,466
219
3
103
1,346
227
2
68
1, 489
'222
2
96
235
.398
.433
.450
.450
.439
.435
.441
.449
.453
.469
.460
.442
.424
.410
.440
.448
624
13
576
12
46
10
53
10
50
13
47
12
46
12
47
10
41
11
54
13
50
18
49
20
51
22
45
26
49
'22
21
867
993
1,002
1,035
943
888
858
1, 078
1,008
954
914
806
942
699
135
4
21
795
126
4
23
802
128
6
23
817
141
6
21
751
152
4
30
711
158
2
26
701
186
4
27
878
217
4
31
804
272
3
29
761
268
5
22
727
214
6
26
646
179
'3
22
757
-140
4
18
143
.572
.564
.542
.557
.575
.576
.622
.585
.702
.616
.675
.643
.657
.639
.625
.568
.537
.533
.552
.562
.562
.604
.552
.561
v . 577
. 577
.580
122
69
13
.151
144
62
19
.163
146
59
16
.165
158
66
10
.158
144
77
18
.160
149
94
5
.150
141
104
15
.144
136
102
15
.140
116
134
73
16
* .164
51,110
MEATS AND LARD
Total meats:
Production (carcass weight, leaf lard in) , inspected
slaughter
mil Ib
Stocks (excluding lard), cold storage, end of
period
mil. lb__
Exports (meat and meat preparations)
do
Imports (meat and meat preparations)
do. _
Beef and veal:
Production, inspected slaughter. _ _
_ do
Stocks, cold storage, end of period
do
Exports. _ _
do
Imports
do
Price, wholesale, beef, fresh, steer carcasses, choice
(600-700 Ibs.) (New York)
$ per Ib
Lamb and mutton:
Production, inspected slaughter
__rnil. Ib
Stocks, cold storage, end of period
____do
Pork (including lard), production, inspected
slaughter
_
mil Ib
13,399
11, 766
Pork (excluding lard) :
Production, inspected slaughter. _ __ __ do
10, 445
9,330
Stocks, cold storage, end of period.
do
284
152
Exports.
_ _ _ _ _
do
133
*53
Imports
...
do
210
262
Prices, wholesale:
Hams, smoked, composite .
$ per Ib
.458
.542
Fresh loins, 8-12 Ib. average (New York) -do
.443
.532
Lard:
Production, inspected slaughter
mil Ib
2, 153
1,772
Stocks, dry and cold storage, end of period do
127
62
4
Exports
_
do
682
251
Price, wholesale, refined (Chicago)
$ per Ib—
.136
.153
r
Revised.
* Preliminary.
1
Crop estimate for the year.
2 October 1 estimate of the 1966 crop
139
62
21
.156
129
70
6
.169
444
114
rQ4
69
10
15
.143
.171
3Q1d crop orily; new grain nol, reporte<I until b 3ginning of new c: •op year (July for wheat) .
4
i
s Beginrling Mar :h 1966, clata are i or receip tsat 28 narkets.
See note "(y for p. S-21.
October 1966
S-29
SURVEY OF CURRENT BUSINESS
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1964
1965
Annual
1966
1965
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
July
June
Aug.
Sept.
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
POULTRY AND EGGS
Poultry:
Slaughter (commercial production)
mil.'lb..
Stocks, cold storage (frozen), end of period, total
mil. lb._
Turkeys
_ _
_
do
Price, in Georgia producing area, live broilers
$ per Ib—
7,546
847
877
733
722
902
'283
'171
395
274
7,998
773
357
207
315
200
239
147
343
244
470
363
391
280
315
200
284
181
.137
.145
.149
.137
.134
.141
.140
.155
178.9
179 4
14.6
14.1
14.6
14.4
15.0
62
58
85
423
100
321
95
234
81
126
64
.331
.328
.341
.384
.391
Cocoa (cacao) beans:
Imports (incl. shells)
_
thous. Ig. tons
Price, wholesale, Accra (New York)
$ per l b _ _
268 4
.234
354 4
.172
36.2
.161
48.5
.171
32 4
.171
Coffee (green) :
Inventories (roasters', importers', dealers'), end
of period
thous. bagscf
Roastings (green weight)
_
do
4 470
22 374
3 143
21 680
29 823
7 212
21 290
5 742
1,556
411
1,812
551
2 666
802
2 549
736
2 254
846
1 829
488
2 013
545
2 382
'529
1 965
597
1 818
570
1 680
560
1,570
451
1,309
153
.479
1,395
.451
1,432
.455
106
.445
.438
156
.438
146
.440
130
.440
120
.425
127
.420
130
.423
111
.413
101
.410
103
r.406
.413
.410
215
230
210
228
231
232
230
210
175
162
162
164
178
211
'248
256
1, 022
Eggs:
Production on farms
'.mil. casesOStocks ,cold storage, end of period:
Shell
_ _ _ _ _ _ _thous. cases 0
Frozen
mil Ib
Price, wholesale, extras, large (delivered; Chicago)
$per doz._
C1
819
695
522
589
554
605
617
249
156
201
122
169
92
151
69
160
70
209
104
.155
.165
.150
.160
.155
.155
.145
.140
15.0
13.7
15.6
15.4
15.8
14.8
14.8
14.5
14.3
85
51
76
38
20
28
28
24
42
33
76
42
107
55
79
62
'57
'60
106
52
.410
.411
.375
.412
.423
.385
.319
.325
.399
.417
.477
27 2
.184
25 2
.213
41 9
.239
57 7
.221
46 6
.233
29 2
.259
33 5
.244
14 0
.248
20.3
.274
9.6
.270 """.241
!
MISCELLANEOUS FOOD PRODUCTS
Imports, total
do
From Brazil
_
do
Price, wholesale, Santos, No. 4 (New York)
$perlb_.
Confectionery, manufacturers' sales
mil. $__
2,667
3,143
5,837
5,112
3,483
5 144
3,189
5 571
75
Fish:
Stocks, cold storage, end of period....
mil. lb__
Sugar:
Cuban stocks, raw, end of period
thous. Spanish tons__
United States:
Deliveries and supply (raw basis) :§
Production and receipts:
Production
thous. sh. tons
Entries from off-shore, total 9
do
Hawaii and Puerto Rico..
_
do
198
973
2,205
•1,780
1,598
1,098
973
1,000
1, 570
2,480
2,990
2, 675
2,300
1,642
1,297
4 408
5 505
1 903
4 152
5 796
1 966
317
191
120
.355
141
612
316
114
961
150
85
932
83
39
481
1 831
132
221
294
196
194
331
203
134
231
235
90
258
260
43
407
198
48
589
188
817
163
Deliveries, total9___
.
do
For domestic consumption-. __ ._ do __
Stocks, raw and ref., end of period
-do
9,706
10,151
2,700
1,006
996
1,658
1,023
1,007
1,291
826
815
1 552
786
777
2 166
874
862
2 648
682
673
2 738
783
777
2 600
831
817
2 519
750
739
2 514
837
825
2 300
976
967
1 982
121
106
137
321
76
62
1 765
155
123
75
131
36
444
71
7
350
85
2
430
108
8
159
38
260
106
1
313
149
4
303
117
(2)
253
46
2
344
101
4
506
154
3
380
68
(2)
.069
.068
.067
.068
.069
.068
.069
.069
.069
.070
.070
596
096
604
096
606
096
605
096
611
098
615
098
616
.095
617
095
617
095
.619
.095
.623
p. 097
9 123 13 724
12 504
10 447
9 352 14 677
13 778
11 948
10 649
8, 446
9, 681
Exports, raw and refined _
Imports:
Raw sugar, total 9 . .
From the Philippines.
Refined sugar, total
10 020
2,648
-_sh.tons_-
4 222
i 2 359
thous. sh. tons
__ ._
do__ _
do
3 506
1 171
3 783
1 0559
Prices (New York) :
Raw, wholesale
_-._:
$ per lb__
Refined1.
Retail (incl. N.E. New Jersey) ..$ per 5 lb_.
Wholesale (excl. excise tax)
$ per lb..
Tea, imports
9 671
84
8
362
156
2
412
137
10
(2)
1,038
1,028
1, 670 P 1,360
r
.069
.068
.657
.100
. 595
.095
.591
.095
.594
.095
thous. lb._ 133, 592
130,358
9,173
14, 543
2 79? 5
240.2
274.6
281 6
979 4
255 4
266 2
266 3
265 2
242 6
262.1
270 8
232.8
307.7
116.6
103.2
97.6
105 7
113 1
116 6
114 2
118 8
118 4
132 0
123 1
141 3
119.8
110.7
2 773 1
226.4
218.4
213 5
231.3
257 7
254.5
238 1
271.8
233.9
253.0
269 9
240. 9
248.1
85.9
85.5
65.9
62 2
80 3
85 9
98 9
87 9
79 0
96.2
104. 8
81 4
r85.8
90.1
1,904 4
148. 6
164.9
161 6
168 7
175 4
185 5
172 7
188 5
163 6
164 3
41, 6
44.5
41.9
47 2
45 3
41 6
44 0
48 4
58 5
56 0
56 4
57 5
••58.1
55.7
.261
.261
.261
261
261
261
261
261
261
261
261
261
.261
p. 261
530.1
434. 5
43.1
39.7
45.5
47.5
45 1
45 3
48 9
36 5
44 6
29 6
47 7
35 4
47 6
44 7
45 4
36 5
MO. 8
34 6
49.3
42 9
45.8
43.4
'41.3
39.8
49.4
55.6
31.1
23.9
21.5
09 G
9g Q
31 1
36 8
36 6
40 8
41 0
49 6
51.0
r 50. 0
Baking or frying fats (incl. shortening):
Production ... ___ __ __
mil. lb.. 2 664 1
Stocks (producers' and warehouse) , end of period
mil. lb._
121.1
Salad or cooking oils:
Production
do
2 846' 1
Stocks (producers' and warehouse), end of period
mil. lb118.8
Margarine:
Production.
_ _ do
1,857.4
Stocks (producers' and warehouse) , end of period
mil. lb48.0
Price, wholesale (colored; mfr. to wholesaler or
large retailer; delivered)--.
-,-.$ per lb._
.241
.071
159 5 ' 147. 9 178.1
FATS, OILS, AND RELATED PRODUCTS
Animal and fish fats:A
Tallow, edible:
Production (quantities rendered)
mil. lb._
553. 2
Consumption in end products
do ... 464.0
Stocks (factory and warehouse) , end of period
mil. lb__
41.7
Tallow and grease (except wool), inedible:
Production (quantities rendered). ._ __ do .. 4, 565. 7
Consumption in end products
__.do
2, 301. 4
Stocks (factory and warehouse) , end of period
366.4
mil. lb__
Fish and marine mammal oils:
Production
_
do J
180.2
Consumption in end products
do
80.9
Stocks (factory and warehouse) , end of period
139.9
mil. lbT
Revised.
p Preliminary.
1 See note "O" for p. S-21.
O Cases of 30 dozen.
d71 Bags of 132.276 Ib.
4,302.5
2,158.0
343.9
368.7
195.0
187.7
355 8
184 5
364 7
190 1
376 4
1799
366 7
196 7
346 1
190 5
370 6
208 2
338 5
188 3
366 0
208 2
378 0 r 346. 0
225.6 '165.7
418.5
320.4
351.3
368 3
391 5
418 5
435 2
446 5
410 2
414 0
357 4
352 2
190.2
79.8
37.7
7.6
17.8
7.1
91
68
82
75
30
73
5
54
3
7o
5
7o
54
18 9
73
35.4
74
2
177 5
185.3
192.1
204.4
Less than 500 short tons.
66
45.7
374 0
219. 8
r
394 7
382 1
r 28. 6
»• 5 3
20.1
65
1 85 X
IfiS. 1
137. 4 135.5
138. 6 138.4 ' 151.0 166.6
IfiS 8
9< Includes data not
§ Monthly data reflect cumulative revisions for prior periods.
shown separately; see also note "§".
A For data on lard, see p. S-28.
901 4.
SURVEY OF CURRENT BUSINESS
S-30
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1964
1965
Annual
October 1966
1966
1965
Aug.
Sept.
Oct.
Nov.
Dec,
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
FATS, OILS, AND RELATED
PRODUCTS- Continued
Vegetable oils and related products:
Coconut oil:
Production:
Crude
mil Ib
Refined
do
Consumption in end products
do
Stocks, crude and refined (factory and warehouse) , end of period
mil Ib
Imports
__
do
Corn oil:
Production:
Crude
do
Refined
do
Consumption in end products
do
Stocks, crude and refined (factory and warehouse) , end of period
mil Ib
Cottonseed cake and meal:
Production
thous sh tons
Stocks (at oil mills) , end of period
do
Cottonseed oil:
Production:
Crude.
mil. Ib
Refined
do
Consumption in end products
do
Stocks, crude and refined (factory and warehouse) , end of period
mil. Ib
Exports (crude and refined)
do
Price wholesale (drums* N Y )
$ per Ib
Linseed oil:
Production, crude (raw)
mil Ib
Consumption in end products
do
Stocks, crude and refined (factory and warehouse) , end of period
mil Ib
Price wholesale (Minneapolis)
$ per Ib
327 6
506 0
765.4
365 4
488 1
723 5
30 6
41.4
63.2
19 7
35 6
59 6
28 7
42 3
60.8
38 2
39.9
57.1
36.8
38.5
60.3
27 6
47 8
65 6
21 2
43 7
59 1
24 7
52 5
70 7
(d)
46 0
61.5
32 4
52 1
70 2
36.3
51.3
74.7
154.0
397.1
154 4
383.6
123.5
7.1
114 9
24.8
106 8
34.4
127.0
18.7
154.4
11.1
131 7
109. 5
146 3
43 7
176 5
87 2
155 1
10.4
143 8
31.3
147.2
50.3
413 9
393 1
412.2
446 1
412 8
421.5
38 8
37 9
35.3
40 7
34 8
36 6
40 1
39 0
38.5
36 5
37.3
37.6
36 0
35. 3
36.6
35 4
30 3
30.0
34 3
31 2
32.2
40 5
34 7
31 7
38 0
28.8
25.4
37 1
32 7
30 3
40. 0
33.9
29.6
40 1
26 1
38.5
35 4
3*2.0
28.6
26.1
30 3
29 6
34 8
40.2
52 5
2,756 3
80.9
71 9
110.8
191 0
77.7
297 9
91.0
338 4
96.1
332 8
80.9
334 4
94.6
305 4
115.0
287 6
156.' 7
197 4
189.6
1, 932. 8
1 600 0
1 410 0
1, 974. 2
1, 668 8
1, 471. 7
50.0
80 3
113.0
132.7
95 3
133 4
212.1
149 0
145 9
236.5
176 5
130 1
230.9
193 5
130 0
232.6
181 4
131.0
214.7
166 4
125.4
202.4
204 2
132 0
506.3
603 5
141
300.1
501 3
i 149
292.5
54.6
135
236.2
30 6
135
243.6
18.1
281.1
37.9
300.1
48.8
153
335.6
49 8
164
366.3
30 0
168
443.6
377 2
410 1
239 4
37.2
21 0
48.7
20 4
45.9
18 8
33.5
17.1
40.9
16.3
37.5
17 3
185.5
213 5
180.7
184.7
188.2
.128
199.9
.128
213.5
.127
216.9
856.5
133.9
697.2
74.2
999.7 1, 125. 6 1,135.2
>"99.6 r 108 8 '75. 4
1,163.8
105. 0
408.2
375.8
373.8
329.5
357.6
385.3
474.8
353.2
366.2
510.1
423.2
399.9
519.8
445.2
429.1
533.2
468.6
453.5
478.4
416.5
415.8
526.3
476.4
466.5
476.6
418.0
409.5
537.8
450.9
431. 9
423.0
99.3
.132
297.4
89.9
.138
373.0
28.5
.132
401.1
36.6
.137
374.8
168.7
.132
414.8
44.6
.142
444.2
42.1
.144
485.9
45.6
.136
521.9
33.2
.139
44, 051
13 061
71, 273
14 937
5 582
62, 288
11 527
31.970
15 245
29, 525
14 495
5 479
39, 285
13 523
2 705 7
126.8
r
134
134
Soybean cake and meal:
Production
thous. sh tons 10, 635. 2 11,179.1
r
75.4
Stocks (at oil mills) end of period
do
102.6
Soybean oil:
Production:
4 943 8 5 235 5
Crude
mil Ib
Refined
do
4, 591. 8 4, 547. 3
Consumption in end products
do
4, 423. 6 4, 423. 3
Stocks, crude and refined (factory and ware544.2
374.8
house) , end of period
mil Ib
1 273.2 1,026.7
Exports (crude and refined)
do
134
123
Price wholesale (refined; N Y )
$ per Ib
TOBACCO
Leaf:
Production (crop estimate)
mil Ib
Stocks, dealers' and manufacturers' end of period!
mil Ib
Exports, incl scrap and stems
thous Ib
Imports incl scrap and stems
do
Manufactured:
Production (smoking chewing snuff)
do
Consumption (withdrawals):
Cigarettes (small) :
Tax-exempt
millions
Taxable
do
Cigars (large) , taxable
do
Manufactured tobacco taxable
thous Ib
Exports cigarettes
millions
2 2 228
2
133
128
155
128
41.9
'43.0
'57. 0
38.4
45.9
67.8
10.3
190.7
51.6
r
37.5
25.4
'30.9
39.7
37.9
36.0
60.4
••63.2
59.3
157 3
212.5
109.3
170.1
72.2
* 133. 9
75 1
98.3
139.2
147 6
112.1
113.4
130 8
104 7
81.1
106.3
106.2
50.6
61.2
'92.8
52.4
55 2
99.1
396.0
37.7
171
408.9
10.8
.178
391.9
11.8
.185
343.6
17.0
.192
' 300. 8
.194
233.3
2 9
p .205
38.1
16 8
43.1
21 3
36.4
20 0
40.9
22 0
45.2
22.6
15.9
"20.8
38.7
21 4
225.6
. 198
225.9
.128
237.7
.128
260. 1
.128
240.8 '212.5
.128
.128
174.1
p .128
' 969. 9
' 198. 9
966.3
142 9
480.8
430.2
452.3
' 451. 8
359.7
' 391. 5
446. 4
425.8
449.8
582.3
47.2
.138
589.9
64.6
.132
' 598. 2
55.1
.147
511.5
98 1
p . 164
23, 191
16 413
23, 134
13 838
5,104
28, 350
15, 107
44, 201
13 877
3,954
45, 221
3,771
48, 552
579
3,625
37, 925
682
1 ,042.7 1,142.8
113 7 r 134. 2
1,010. 1 r1,157.1 1, 040. 1
122. 8
165. 5 r 159. 4
r
r 149.
r
5
3.9
3 1, 875
1 855
5 664
514 514
179 651
5 582
468, 075
243 347
32, 554
16 181
5 323
50, 425
15 382
180 082
166,617
15 032
14 847
14, 956
13, 666
11, 799
42 643
497 446
8,106
175 808
25 144
45 046
511,463
7,577
160 624
23 052
4 907
46 647
4 021
44, 084
3,694
43, 446
4 053
37, 720
4,088
39, 348
3,524
42, 985
4,577
47, 053
4,040
39, 582
630
571
14 553
1 984
14 024
1 948
3,747
41,771
670
14 505
1,920
12 651
1,701
9 958
2,290
1,515
2,019
2,190
2,414
1,926
1,663
2,136
2,117
697
658
696
445
571
525
56, 952
16 427
507
LEATHER AND PRODUCTS
HIDES AND SKINS
Exports:
Value, total 9
thous. $__
Calf and kip skins
thous. skins. _
Cattle hides
thous. hides..
Imports:
Value, total 9
thous. $__
Sheep and lamb skins
thous. pieces..
Goat and kid skins
do
Prices, wholesale (f.o.b. shipping point):
Calfskins, packer, heavy, 9J4/15 Ib
$ per lb__
Hides, steer, heavy, native, over 53 l b _ _ _ _ _ _ d o
LEATHER
Production:
Calf and whole kip
thous. skins__
Cattle hide and side kip
thous. hides and kips..
Goat and kid
thous. skins__
Sheep and lamb..
do
Exports:
Glove and garment leather
thous. sq. ft._
Upper and lining leather
do
Prices, wholesale:
Sole, bends, light, f.o.b. tannery
$ per lb__
Upper, chrome calf, B and C grades, f.o.b. tannery
$ per sq. ft._
92,693
2,391
11,504
106,253
2,458
13,311
8,131
190
928
7,737
190
841
10, 513
161
1,339
9,655
253
1,036
12, 703
311
1,277
9,645
241
935
13,782
295
1,236
15,623
330
1,320
11, 797
183
927
14,386
157
1,278
16, 512
199
1,351
12, 075
196
971
12,306
221
1,097
81,879
30, 455
12,882
80,263
31, 850
14,411
5,545
1,999
1,282
6,772
2,607
1,225
6,083
2,271
966
4,968
1,382
5,751
1,732
1,391
5,195
1,231
1,130
6,787
2,841
794
11,052
5,548
1,142
9,500
4,541
856
8,724
3,741
8,602
3,709
765
7,177
2,870
861
9,033
3,508
1,484
.414
.106
.541
.143
.550
.194
.550
.174
.575
.166
.575
.159
.625
.164
.625
.174
.700
.194
.775
.174
.675
.184
.675
.209
.650
.209
.525
.209
p . 565
v .179
6,535
22,834
12, 874
31, 548
6,263
23,436
14, 557
30,316
496
1,982
973
2,763
464
1,958
1,066
2,600
2,038
1,296
2,511
542
2,071
1,434
2,756
528
2,065
1,523
2,697
500
1,965
1,371
2,550
445
1,927
1,255
2,654
464
2,149
1,428
2,887
330
2,044
1,257
2,625
375
2,026
1,273
2,720
465
2,049
1,349
2,649
283
1,650
933
1,977
46, 496 4
42, 582 j- 69,953
5,627
5,420
7,169
7,023
6,818
6,974
6,346
7,164
5,741
5,875
5,659
4,564
4,945
.725
.790
.765
.735
.750
.750
.770
.940
.900
5.865
.845
.845
p . 835
1.230
1.247
1.244
1.238
1.200
Data withheld to avoid disclosure of operations of
r
d
Revised.
p Preliminary.
individual
firms.
1
2
Average for 11 months.
Crop estimate for the year.
s Oct. 1 estimate of 1966 crop.
4
Effective Jan. 1965. data are for all leather, except sole and rough; see note "O" for p. S-21.
1.353
1.333
1.328 p 1.333
1.293
1.348
1.280
1.271
1.253
1.300
3 Beginning May 1966, not strictly comparable with earlier data because of change
of reporters.
tRevisions for 2d qtr. 1963-4th qtr. 1964 (mil. Ib.): 4,692; 4,791; 5,287; 5,355; 4,964; 5,069; 5,664.
9 Includes data for items not shown separately.
SUEVEY OF CURRENT BUSINESS
October 1966
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1964
1965
Annual
S-31
1966
1965
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
LEATHER AND PRODUCTS—Continued
LEATHER MANUFACTURES
Shoes and slippers: f
Production total
thous pairs
Shoes, sandals, and play shoes, except athletic
thous pairs
Slippers
do
Athletic
do
Other footwear
do
Exports
:_
_
do
Prices, wholesale, f.o.b. factory:
Men's and boys' oxfords, dress, elk or side
upper, Goodyear welt
1957-59—100
Women's oxfords, elk side upper, Goodyear
welt
1957-59-100
Women's pumps, low-medium quality do
630 012
57 105
53 859
51 760
50 270
52 673
52 514
53 015
61 821
53 145
54 319
T
54 685
46 280
535
85
6
2
311
938
712
351
48 184
8 185
44 358
8 714
41 795
9 224
'503
40 969
8 566
45 440
Q 554
51 978
9 007
44 473
9 057
r
44 841
r
9 022
r
561
38 785
6 973
238
506
173
45 943
6 318
43 706
8 606
544
191
46 254
5' 494
261
307
215
1,912
12 533
231
285
255
221
105 9
111 0
110 1
110 1
116 5
116 5
106 5
111 0
107 3
113 0
106 5
119 4
106 5
119 4
109 7
117 3
109 7
116 6
612 789
9
516 1 4
79 267
7,116
10 282
549
187
571
216
237
605
228
576
213
274
260
283
272
210
200
116 5
116 5
119 2
122 3
122.3
122.3
122. 3
109 7
119 3
109 7
119 3
111 4
121.2
111 4
121 3
111 4
121.2
111.4
122.0
111.4
121.6
589
165
606
230
186
167
116 5
116 5
109 7
117 0
109 7
118 3
558
208
LUMBER AND PRODUCTS
LUMBER— ALL TYPES
National Forest Products Association:^
Production total
mil bd ft
Hardwoods
do
Softwoods
do
Shipments, total
Hardwoods
Softwoods
_ . ___
Stocks (gross) , mill, end of period, total,
IT ard woods
Softwoods
Exports, total sawmill products. _
Imports, total sawmill products
__.
SOFTWOOD
Douglas fir:
Orders, new _ _ _
Orders , unfilled , end of period
Production.
_ ___
Shipments
Stocks (gross) , mill, end of period
35 408
5 891
29 517
36 158
6 129
30 029
3 269
3 349
3 128
2 970
2 909
3 410
3 265
2 858
3 241
631
678
2 589
2 431
2 215
2 356
2 758
3 211
'660
2 551
3 242
2 84?
2 927
' 504
2 423
2 6Q1
2 710
2,617
2,601
2,227
2,563
do
do
do
35 587
6 290
29, 297
36 680
6 465
30 215
3 316
3 208
3 163
2 888
2 912
2 860
3 040
3 472
3 462
3 395
3,159
2 910
3,171
9
768
9 671
2 595
2 338
2 416
2 353
2 365
2 787
2,773
2,711
2,489
2,290
2,506
do
do
do
6,434
1 536
4.898
5 728
1 151
4 577
5 566
1 229
4 337
5 698
1 196
4*502
5 676
1 161
4,515
5 733
1 147
4,586
5 728
1 151
4,577
5 618
1 120
4 498
6 526
1 061
4 465
5 492
1 061
4 431
5 323
1 055
4,268
5,150
1 000
4,150
5, 263
1,014
4,249
5,172
1 043
4,129
5,228
1,069
4,159
do
do
957
5,240
1
962
5 163
85
513
77
449
87
429
67
412
131
444
70
345
77
415
74
514
99
462
98
518
98
550
82
469
88
507
8,916
9 289
773
654
719
550
739
518
752
523
848
620
723
738
691
728
1 038
620
817
906
606
652
688
614
566
537
612
419
9 256
9 277
1 079
788
792
998
832
§93
772
771
1 007
32
7
25
34
g
25
mil. bd ft
_ _ do
do
do
do
Exports, total sawmill products
do.__
Sawed timber
do
Boards, planks, scantlings, etc .
__ do
Prices, wholesale:
Dimension, construction, dried, 1" x 4", R. L.
$ per M bd. ft_
Flooring, C and better, F. G., 1" x 4", R. L.
$ per M bd. ft
Southern pine:
Orders, new _ _ _
mil. bd ft
Orders, unfilled, end of period
do
Production.
_
do
Shipments.
do
Stocks (gross) , mill and concentration yards, end
of period
mil bd ft
Exports, total sawmill products
M bd ft
Sawed timber
do
Boards, planks, scantlings, etc
do
Prices, wholesale, (indexes):
Boards, No. 2 and better, V x 6", R. L.
1957-59=100
Flooring, B and better, F. G., 1" x 4", S. L.
1957-59=100
Western pine:
Orders, new
. __
mil. bd ft
Orders, unfilled, end of period
do
Production
do
Shipments
do
Stocks (gross) , mill, end of period
do
Price, wholesale, Ponderosa, boards, No. 3, I" x
12", R. L. (6' and over)
$ per M bd. ft
607
8,967
8 845
1,075
369
136
233
1
445
i in
*334
552
548
507
537
539
568
539
550
496
476
507
553
675
652
685
923
777
747
758
752
843
843
1 043
1 079
739
840
751
701
1 073
1 063
1 113
40
12
29
26
5
87
6
80
31
10
21
27
11
15
99
689
625
684
664
670
620
665
794
860
750
726
1 113
1,084
1,027
1, 052
633
643
985
716
729
972
32
9
23
46
11
35
49
12
37
39
9
29
33
9
24
32
6
26
782
835
81.14
82 16
83.34
83. 46
82.27
82 14
82. 25
83.56
83 69
88.16
92.64
93.04
88.25
' 85. 25 P84.85
153. 07
156 85
155. 79
155 79
155 79
156 43
156. 44
157. 63
158 64
161 61
166. 84
166. 84
167. 43
167.43 pl67. 43
6, 346
6 864
591
373
572
367
534
349
542
366
564
418
508
420
761
503
578
469
533
415
585'
366
615
388
400
492
378
534
350
6 504
6 779
543
614
582
606
548
578
541
552
545
525
504
512
507
506
625
678
568
612
578
587
622
600
520
514
582
562
1,362
1 087
102, 684 UOO 581
11 709
90 975
1 132
8 762
1 108
6 212
1 078
8 694
1 067
9 466
1, 087
7 451
1 079
10, 106
1 080
7 885
1 027
11,244
974
996
6,927
10, 078
8,991
1,002
6, 903
1,022
8,897
281
6,346
6,321
983
92.7
94.3
95.0
96.0
96.2
98.0
98.7
99.8
101.2
102.2
106.0
107.5
107. 3
107.1
107.8
95.3
97.1
97.3
98.2
98.8
99.1
100.1
100.8
102.5
102.7
107.9
107.9
107.4
106.9
108.1
10, 565
11 057
1 025
935
507
943
491
774
456
995
535
940
627
875
596
1, 096
973
682
820
535
867
506
906
506
920
461
463
535
526
872
916
730
910
960
968
942
896
852
906
977
964
10, 579
10, 449
1,809
10 875
10, 951
1 732
1 068
1 055
1,566
1 124
969
959
839
809
982
962
1,746
1,776
1,732
815
907
1,736
1,671
1,579
1,599
1,021
1,488
1, 480
1,526
1,472
1,485
65.49
67.42
66.34
67.53
67.07
65.55
63.91
63.45
65.83
68.19
71.46
82.40
79.06
r 70. 69
* 68. 49
31 9
10 1
28.5
31.2
31 2
11. 1
29.0
30.2
19
11 4
2 2
2 9
2 6
11 4
2 6
2 6
11.1
2.0
11.8
11.1
3.1
2.7
3.0
2.0
2.1
2.8
2.6
2.4
3.1
3 0
12.0
2.3
2.5
3.1
83 3
70.0
68 9
72 5
37 7
71.6
70.2
70 7
71 4
37 0
64.0
69.2
64.6
66.4
34.9
62.0
69.8
63.9
61.4
35.8
64.2
64.3
65.9
65.0
35.4
954
708
769
HARDWOOD FLOORING
Maple, beech, and birch:
Orders, new
Orders, unfilled, end of period
Production
Shipments. _
Stocks (gross) , mill, end of period
Oak:
Orders, new
Orders, unfilled, end of period
' Production
Shipments
Stocks (gross) , mill, end of period
r
1
Revised.
*> Preliminary.
See note "O" for p. S-2L
mil bd ft
do
do
do
do
do
do
do
do
do
4.0
3.1
819. 6
35.6
842 2
824 2
54.5
818.4
64.3
778. 7
783.3
35.4
2.9
3.9
2.6
3.2
13.1
15.8
2.1
1.7
3.4
14.1
2.3
2.2
3.1
2.3
2.4
3.5
1.9
2.3
3.0
78.0
80.5
61.4
61.7
35.0
60.7
85.3
57.0
56.0
34.4
77.2
91.6
65.5
66.1
31.7
59.0
89.3
60.6
63.5
30.5
3.0
2.5
17.3
17.6
2.3
2.8
16.0
16.4
2.2
2.4
2.5
1.8
2.3
2.1
2.3
2.5
1.8
51.0
78.7
62.1
60.7
30.7
50.2
62.0
66.0
65.9
29.0
40.6
52.1
54.9
50.4
33.5
46.3
40.7
65.6
58.7
39.9
2.0
2.4
2.8
t Revisions for Jan.-Oct. 1964 are shown in Bu. of the Census report M31A(64)-13.
cf Formerly National Lumber Manufacturers Association.
Sept.
SURVEY OF CURRENT BUSINESS
S-32
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1964
1965
Annual
October 1966
1966
1965
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
METALS AND MANUFACTURES
IRON AND STEEL
Exports:
Steel mill products
thous. sh. tons
Scrap
do
Pig iron
do
3 435
7 881
176
i 2 496
i 6 170
*28
195
561
2
204
550
2
254
334
I
218
509
1
274
417
6
174
347
1
Imports:
Steel mill products
Scrap
Pig iron
6 440
299
751
10 383
1 061
786
15
114
892
18
101
939
20
96
672
24
106
668
21
38
84, 093
52 262
31, 831
84, 626
7 413
90, 534
55 214
35 320
90, 360
7 638
7,608
4 731
2 877
7 515
7 184
7
4
2
7
7
034
434
600
009
213
6 957
4 199
2 758
6,741
7 432
6 566
3 835
2 732
6 498
7 502
7
4
2
7
7
32 77
34 70
33 36
35.00
39 73
35 00
30 67
31 00
29 30
32 00
29 58
31 50
31 25
33. 00
Iron ore (operations in all U.S. districts):
JVIine production
thous 1°" tons
Shipments from mines
do
Imports
do
3 84 836
3 85 184
42 417
87 490
85 801
45 105
10 851
11 699
5 128
10 282
10 366
3 894
8 892
9 955
4 093
4 543
6 294
4 131
U.S. and foreign ores and ore agglomerates:
Receipts at iron and steel plants
do
Consumption at iron and steel plants
do
Exports
do
Stocks total end of period
do
At mines
do
At furnace yards
do
At U S docks
do
118 325
199 197
6,963
71 677
10 752
57 184
3 741
PI 964
195 143
i 7, 085
68 7*1
V> 290
53 997
2 494
15 367
10 897
1 033
6') 675
12 572
48 181
1 9"
13 294
9 764
12 929
8 976
10 050
8 213
66
12
51
2
69
11
55
2
1 032
1 272
115
105
125
98
85 601
86 382
88 173
88 945
7 661
7 762
6 690
6 794
6 310
6 378
2 461
2 329
2 416
9 446
62. 75
63 00
63 50
62. 75
63. 00
63.50
62 75
63 00
63 50
62.75
63 00
63 50
do
do
855
14 316
8 129
882
15,713
9,173
1 302
do
do
122
1 001
589
1,136
do
do
do
235
916
22
96
126
454
159
342
2
143
440
1
126
429
2
538
15
62
776
91
32
715
146
88
919
17
137
1 014
19
104
1,082
32 36
33 50
32 89
36 00
33 32
36.50
30.02
33. 50
28 71
32.75
28.40
30.50
29.54 v 29. 54
31.00 p 29. 50
4 164
2 643
3' 123
4 712
1 882
1 898
4 497
1,751
1 489
5 038
2,057
2 219
6 892
6,958
3,432
9 992
11, 655
3,502
10 784
11, 953
5 154
5 266
8 699
3 069
9 595
170
120
569
488
3 232
9 499
396
61 466
17, 866
41 295
2,305
3, 976
11 127
408
56 881
20, 847
34 144
1, 890
8,841
10 897
593
54 613
20,781
32 088
1,744
15, 421
11 658
1,048
56 673
19, 118
35, 852
1, 703
154
117
92
76
83
5 880
5 930
6 327
6 502
6 910
6 834
7 937
2 460
o 450
2 329
62.75
63 00
63.50
62 75
63 00
63 50
62.75
63.00
63.50
62.75
63 00
63. 50
62. 75
63. 00
63.50
916
1 227
158
419
(2)
142
607
(2)
116
532
(2)
24
174
(2)
1, 090
23
95
Iron and Steel Scrap
Scrap for consumption, total. _ thous. sh. tons
Home scrap produced
do
Purchased scrap received (net)
do
Consumption, total
•_ _
do
Stocks consumers', end of period
do
Prices, steel scrap, No. 1 heavy melting:
Composite (5 markets)
$ per 1°" ton
Pittsburgh district
do
109
153
956
001
638
Ore
544
357
486
641
230
778
466
424
594
448
437
331
70
10
57
2
718
732
430
556
68
12
53
2
781
290
997
494
4,004
5,677
15,370
10 941
829
60 018
17,949
40, 278
1, 791
14, 628
10, 758
813
15, 470
10, 562
778
44, 148
2,276
49, 056
2,217
109
132
128
142
7 853
8 241
7 837
7, 659
7,645
62.75
63.00
63.50
62.75
63.00
63. 50
62.75
63.00
63. 50
62. 75
63.00
63.50
62. 75
62.75
63.00 p 63. 00
63.50 p 63. 50
975
1,469
825
1 004
1,378
801
953 r 1 000
1,390 '1,405
793
'819
1,034
1,153
661
677
1,229
671
275
65
15
47
2
Pig Iron and Iron Products
Pig iron:
Production (excluding production of ferroalloys)
p
.
.
d
Stocks (consumers' and suppliers'), end of period
Prices:
Composite
$ per Ig. ton
Basic (furnace)
do
Foundry No 2 Northern
do
Castings, gray iron:
Orders, unfilled, for sale, end of period
Shipments total
For sale
Castings, malleable iron:
Orders, unfilled, for sale, end of period
Shipments, total
For sale
892
881
1 322
882
876
842
1 273
1 178
1 255
689
696
669
815
777
648
171
81
50
176
90
54
172
95
54
174
93
52
174
101
59
176
98
56
174
97
55
187
112
67
194
97
57
187
97
59
186
99
62
196
73
46
127 076 3131, 462
135.3
130 5
11 324
137 3
9 949
124 6
9 296
112 7
8 822
110 5
9 627
116 7
10 577
128 2
10, 249
137 5
12, 083
146 5
11, 569
144. 9
12, 191
147. 8
11, 403
142. 8
10, 791
130.8
OQQ
OQO
A ft A
498
44.0
452
168
137
525
209
173
582
184
152
629
190
158
r 620
157
642
138
114
6,734
301
490
684
140
8,282
349
609
838
165
8,174
324
600
819
155
8,221
334
596
822
152
8,033
318
582
815
158
7,179
1, 041
681
208
143
712
239
390
2,737
790
1,284
818
281
173
887
318
527
3,305
948
1, 513
1,279
797
297
175
874
327
535
3,260
919
1,321
830
301
179
886
344
559
3,207
894
1,324
1,162
11 3
4 9
5.6
4.7
10 9
59
6.3
4.7
10 8
5 9
6.-0
4.7
10 9
59
5.8
5.0
10 6
56
5.0
10.9
4.7
4.4
M.9
9.5
8.1
.0839
9.2
8.3
.0839
9.0
8.2
.0839
9.0
8.1
.0843
9.5
8. 1
.0842
9.8
p9.6
.0843
.0851
174
732
62.75
Steel, Crude, Semifinished, and Finished
Steel ingots and steel for castings:
Production
thous sh tons
Index
daily average 1957 59 — 100
Steel castings:
Orders, unfilled, for sale, end of period
Shipments total
For sale total
Steel forgings (for sale) :
Orders unfilled end of period
Shipments total
Steel products, net shipments:
Total (all grades)
Semifinished products
Plates
Rails and accessories
007
1 835
1 471
1,962
1,569
152
120
138
160
128
128
436
175
145
do
do
459
1 759
1 350
589
2,0459
568
154
114
569
172
134
573
178
139
580
187
145
589
190
148
do
do
84 945
4 229
92 666
4,528
6 798
9 764
1, 523
8 634
6 698
6 237
6 200
6 061
do
do
do
do
6 rioc
8 491
1 395
436
1 59
403
606
856
101
171
333
516
827
96
265
523
833
99
1 036
1 083
1 328
13 199
do
14 488
oqc
626
644
264
291
315
3,229
Reinforcing.. __
•_
_do
3,150
137
139
167
1,467
1,877
Cold
finished
___do
566
877
588
8,137
Pipe and tubing
_ ___ _ _ _ __do
8,689
228
323
248
3, 105
Wire and wire products
_ _ _ _ • _ _ _ _ _ _ _ do
3,484
360
275
733
6,083
Tin mill products. ._
.
__do
6,659
2,327
3,406
2,733
34, 222
36,733
Sheets and strip (incl. electrical), totaL.-do
662
797
1,009
9,948
Sheets: Hot rolled
•_
___do__ _
10, 630
985
1,178
1,538
16,571
Cold rolled..
_ _ _ _ d o _ . _ _ 15, 699
Steel mill products, inventories, end of period:
-1 K (\
17 n
12.9
Consumers' (manufacturers only). .mil. sh. tons__
A o
fi n
5 9
Receipts during period
do___
68. 7
5.4
5.6
5.1
60.5
67.0
Consumption during period
do
4.6
4.6
4.6
4.1
Service centers (warehouses)
..do
4.5
Producing mills:
8.3
8.2
8.2
In process (ingots, semifinished, etc.)_____do
9.1
8.5
7.4
7.3
7.0
8.7
7.9
Finished (sheets, plates,-bars, pipe, etc.) -do ,._
.0837
.0837
.0837
.0837
Steel (carbon),finished,composite priced . .$ per lb.
.0837
r
Revised.
» Preliminary.
i See note "O" for p. S-21.
- Less than 500 tons.
3
Revised total; monthly revisions are not available.
IBeginning Jan. 1964, the composite reflects substantial changes in products and weights
used and is not comparable with earlier periods. The new composite price is based on AISI
BITS and tool steel total
323
512
111
111
972
592
313
529
698
143
964
587
175
145
6 602
'335
con
675
146
1 013
' fi4Q
237
132
534
226
631
2,116
600
880
233
134
592
240
302
2,280
656
997
207
147
604
256
382
2,655
751
1,243
H o
4 A
5.7
4.5
12 9
4 4
190
4.5
4 9
5.8
4.9
8.3
7.3
. 0838
8.5
7.9
.0839
9.1
7.8
.0839
5.8
r201
168
820
313
180
900
334
582
3,021
842
5.9
11, 130
134.9
278
548
758
149
719
292
143
QCQ
279
534
2,613
756
1 114
p 11 1
p 5.6
P5.4
p4. 9
.0864
SURVEY OF CURKENT BUSINESS
October 1966
Unless otherwise stated, statistics through 1964
and descriDtive notes are shown in the 1965
edition of BUSINESS STATISTICS
1964
1965
Annual
S-33
1966
1965
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
474
386
3,609
366
422
3,365
427
349
3,466
431
413
3,435
Sept.
METALS AND MANUFACTURES—Continued
IRON AND STEEL— Continued
Steel, Manufactured Products
Fabricated structural steel:
Orders new (net)
Shipments
• '
Backlog end of period
4,500
4 241
2,712
4,868
4 321
3,151
415
365
325
413
3,176
3, 179
3,177
3,199
3 151
423
339
3,222
456
345
3,273
538
440
3,347
504
407
3,382
1 154
24 312
1 226
24 132
1 300
2 126
1 323
2, 045
1 273
1 975
1 298
1, 920
1 226
1,994
1, 930
2 017
2,455
2, 592
4, 928
538
497
406
393
333
333
340
427
420
444
'478
482
2 754 5
726.0
234 9
62.0
218.7
56 0
237.2
62 0
236 5
62.0
245.0
62.0
247.3
59.0
223.5
58.0
249.0
72.0
240.7
70.0
252.3
69.0
245 0
252.8
527 3
65 4
203. 6
45 6
39 6
42 8
41 6
55 3
13.2
14.5
18.1
12.8
57 7
12.1
17.4
54.5
17.6
25 2
7 3
19.0
51.9
15.7
10.7
52.5
10.7
13.0
51 7
12.7
15.7
37.2
11.7
13.2
40.5
12.0
13.1
96.9
. 2372
64.8
.2451
81.1
.2450
71.0
.2450
76.8
.2450
75.0
.2457
64.8
. 2450
78.3
.2450
71.8
.2450
64.8
.2450
60.3
.2450
67.7
.2450
63.1
.2450
70.0
.2450
. 2450
7 063 5
4, 834. 9
2
273 9
2
1,253.7
8, 025. 5
5,688.2
2, 618. 6
1, 409.0
650. 1
457. 6
200 5
103.1
643.7
463.5
200.7
117.2
635. 2
462.3
191 4
117.5
664. 9
466.5
195 8
124.2
683.9
500.2
224.7
125.4
638.6
489.6
219. 0
2 137. 2
715.4
512.1
236.5
140.4
802.8
592.5
267.8
149.5
730.1
552.5
253.7
135.6
761. 9
585.5
274.8
131.0
771.3
591.6
275.0
131. 5
1 246 8
1 656 4
1, 259. 9
396.5
332 4
1 351 7
1,711 8
1,335.7
376.1
429.4
109 2
139 4
113.0
26.4
33 4
107 9
133.1
101. 1
32.0
36.6
114 6
143. 5
107.4
36.1
40.9
110 1
137.6
106.6
31.0
36.7
107 8
144.0
114.3
29.8
40.7
118 2
127 7
99.8
27.9
37 8
107 1
127.2
101. 7
25.6
29 6
123 7
148.6
120.4
28.2
42.3
120 7
137.9
111.8
26.1
43.5
126 6
144.8
117.1
27.7
47.4
121 6
152.9
118.2
34.8
43.7
!07 1
136.0
106.6
29.4
41.6
115 0
135.0
107.9
27.1
40.8
584 8
137 7
523 8
137.4
36 7
39 0
11.4
55.4
18.3
63.8
16.4
36.3
11.8
35.0
11.6
41.1
9.8
45.2
13.1
43.0
10.0
50.1
13.0
33.0
9.5
7.3
54.1
9.8
41.7
7.4
430.6
316 2
1 859 2
1 422. 1
i 325. 0
2 042 6
33.3
26.0
178 0
29.0
22.0
183 2
32.2
26.3
178.2
32.5
25.5
165.8
30.5
22.1
176.7
25.7
20 4
189 6
27.4
18.4
197.4
45.7
38.0
219 5
35.3
30.9
202.7
31.5
27.5
188.3
23.7
21.2
211 0
39.4
34.0
P133.4
33.5
26.3
P 204. 9
149 6
110.0
.3196
161.3
112.9
.3502
148. 1
111. 2
.3560
132.8
93.3
.3560
130.8
90.6
.3568
128.6
84.9
.3641
161.3
112.9
.3586
5178 3
114. 5
.3613
204.8
132.8
.3604
205.7
132.5
.3612
183.8
124.3
.3615
181.8
124.5
.3603
r 212. 6
Copper-base mill and foundry products, shipments
(quarterly total) :
Copper mill (brass mill) products
mil Ib
Copper wire mill products (copper cont ) do
Brass and bronze foundry products
do
2-787
1 992
1 063
' 2, 977
2,177
1,075
Lead: A
Production:
Mine recoverable lead
thous sh tons
Recovered from scrap (lead cont )
do
286 0
541.6
301.1
554.0
25 6
42.4
25 9
48.0
26.0
48.4
25.8
45.8
29.2
46.3
24.9
46. .8
23.6
44.7
29.6
50.8
26.2
43.6
26.8
46.6
25 7
45.8
24.3
38.4
344 4
334 2
1 202 1 1, 241. 5
32 3
101 4
24 2
107 2
37 7
113 2
25 1
110 5
34 3
103 4
30 3
103.3
30.0
99.3
39.9
112.5
27.5
104.6
25.3
111 6
42 4
108 2
32.3
92.4
98 4
106 8
99 8
105 3
104 7
101 6
106 8
107 2
109.1
114.6
113.1
111 1
114 6
119 2
38 1
113 4
25.9
103.2
26.3
106 2
24.3
95.5
25.0
92.2
25.7
98 9
25.9
103.2
26.2
101.3
25.8
99.3
23.2
105.9
21.2
98.8
23.9
99.0
25.8
98 8
25.6
107.3
71 5
. 1360
48 1
.1600
59 4
.1600
53 8
.1600
52 2
.1600
51 1
. 1600
48 1
.1600
49 0
.1600
52 3
.1600
47.1
.1600
48.1
.1600
46 3
. 1514
42 1
.1500
42 5
.1500
.1500
4,326
40, 814
23 580
3, 155
84 Oil
58, 550
219
2,061
1 815
37
4,015
1 885
280
3,499
2 050
300
6 495
4,435
317
4,070
1,995
270
6 470
4,555
0
2,001
2,335
29
4,363
2 058
205
7 245
5,170
1,224
4, 016
2 270
'335
7 500
5,205
100
2,542
2 440
280
7 475
5 150
2,837
566
4,206
5 990
3,995
19
4,348
1 955
270
6 280
4,185
669
7, 735
1 990
7 075
5,135
792
2,552
1 990
250
6 205
3,960
364
116
408
145
24 970
1. 6077
thous. sh. tons
do
do
Barrels and drums, steel, heavy types (for sale):
Orders unfilled end of period
thous
Shipments
do
Cans (tinplate), shipments (metal consumed),
total for sale and own use
thous. sh. tons
4,737
4
341
413
438
383
327
411
NONFERROUS METALS AND PRODUCTS
Aluminum:
Production, primary (dom. and foreign ores)
thous sh tons
Recovery from scrap (aluminum content) do
Imports (general):
IVIetal and alloys crude
do
Plates sheets etc
do
Exports metal and alloys crude
do
2 552 7
657 0
392 4
49 7
208.6
Stocks, primary (at reduction plants), end of
period
thous. sh. tons
Price, primary ingot, 99.5% min
_ _ _ _ $ per lb__
Aluminum shipments:
Ingot and mill products (net)
Mill products total
Plate and sheet (excl foil)
Castings
mil Ib
do
do
do
Copper:
Production:
Refinery primary
do
From domestic ores
do
From foreign ores
do
Secondary recovered as refined
do
Imports (general):
Refined unrefined scrap (copper cont ) do
Refined
do
Exports:
Refined and scrap
_do
Refined
do
Consumption refined (by mills etc )
do
Stocks refined end of period
Fabricators'
Price, bars, electrolytic (N.Y.)
do
do
_$ perlb__
Imports (general) ore (lead cont ) metal
Consumption total
do
do
Stocks, end of period:
Producers', ore, base bullion, arid in process
(lead content) AB!MS
thous sh tons
Refiners' (primary), refined and antimonial
(lead content)
thous sh tons
C ons umers ' cf
do
Scrap (lead-base, purchased), all smelters
thous sh tons
Price, common grade (N.Y.)
_ _ _ . $ perlb-_
Tin:
Imports (for consumption) :
Ore (tin content)
Bars pigs etc
Ig tons
do
As metal
do
Primary
do
(3)
31,584
23 508
3,334
82 890
58 586
4
1
6.8
4.9
6.9
7.0
265
345
6 170
3,930
131
148
26 385
1. 7676
27 656
1. 7423
27 180
1. 7875
51 5
51 7
611 2
50 8
574 9
Imports (general):
36.2
34.8
429 4
36.1
357 1
Ores (zinc content)
do
20.7
2.7
10.7
153.0
118.3
Metal (slab blocks)
do
Consumption (recoverable zinc content):
8.6
10.4
4122
9
8.6
105 9
Ores
do
18.4
18.5
18.6
222.5 4 265 1
Scrao. all tvoes . _ _ _ • _
- _ _ _ _do-_
r
2
Revised.
p Preliminary.
1 See note "Q" f°r P- S-21.
Monthly data (1962-64),
revised to 1962 canvass of nonferrous producers, are available; 1965 estimates reflect the revised
benchmark.. Beginning 1966, estimates are derived from a new sample and are not3 com. mil.. Ib..
ith earlier data; revised Dec.. 1965, based on new
sample, 137.5
Data
parable wit
4
Revised total; monthly revisions
for Sept. 1963-Apr. 1964 are in terms of gross weight.
51 6
50 1
48 6
42.2
14.0
42.1
17.8
35.0
22.0
Zinc: A
Mine production, recoverable zinc
$ perlb—
4, 041
24 343
1. 5772
13,064
226
27 656 22 985
1. 7817 1. 8696
303
300
7,775
5,480
.2450
.3609
865
650
296
290
782
27 245 27, 130
1. 7810 1. 7398
26 315
1. 7424
24 385
1. 6928
48 7
53 8
49 9
»-51 8
32.9
18.9
39.5
21.6
35.3
14.0
32.8
26.3
9.6
r
^250.3 p 254. 8
' 153. 8 P193.6 P 204. 2
.3602
.3596
.3593
862
149
Price, pig, Straits (N.Y.), prompt
do
9.9
625
280
596
277
24 350 25 315
1. 9190 1, 8532
Exports incl reexports (metal)
8.3
756
716
524
249
255
94
r
40 3
. 1500
6 320
4,680
197
23, 380
1. 5987
47 9
45 7
43.1
28.3
26.5
21.6
80
1.5642
1. 5412
70.9
23.8
10.5
10.4
9.7
9.9
9.7
18.9
18.7
18.9
19.4
19.0
5
are not available.
Beginning Jan. 1966, total includes copper (totaling 10,900 tons end of
Jan. 1966) held by nonconsumers, etc., not previously covered.
cf Consumers' and secondary smelters' stocks of lead in refinery shapes and in copper-base
scrap.
§ Stocks reflect surplus tin made available to industry by GSA.
A Beginning
Aug. 1964, data reflect sales to the industry of metal released from the Government stockpile.
10.4
19.1
10.3
19.2
10.4
18.9
18.6
SURVEY OF CUKKENT BUSINESS
S-34
Unless otherwise stated, statistics through 1964
and descriotive notes are shown in the 1965
edition of BUSINESS STATISTICS
1964
1965
Annual
October 1966
1966
1965
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
METALS AND MANUFACTURES—Continued
NONFERROUS METALS AND PROD.— Con.
Zinc— Continued
Slab zinc: A
Production (primary smelter), from domestic 1
954. 1 ' * 994. 4
and foreign ores
thous. sh. tons
171.6 ' 1 83. 6
Secondary (redistilled) production
do
Consumption, fabricators'
do
1, 207. 3 11,354. 1
26.5
5.9
Exports
do
Stocks, end of period:
31.2
30.1
Producers', at smelter (AZI)cf
do
107.5
145.4
Consumers'
do
. 1450
Price, prime Western (East St. Louis) . $ per lb__ .1357
84.9
6.4
113.9
.4
84.0
5.3
117.0
.2
87.5
6.0
117.8
.2.
84.2
6.0
116.5
(4)
89.1
5.2
113.2
.8
89.9
6.0
112.5
(4)
79.9
5.7
116.1
.1
85.4
6.2
127.0
.1
87.0
5.7
119.1
.1
88.8
6.0
123.5
(4)
29.2
128.2
.1450
27.3
129.3
.1450
30.3
130.8
.1450
27.2
124.5
.1450
30.1
145.4
.1450
32.2
158.1
.1450
29.7
156. 0
.1450
28.8
166.7
.1450
33.2
159.7
.1450
42.1
39.9
154.9 ' 147. 3
.1450
.1450
86.8
5.9
118.6
.1
84.0
5.9
97.8
.1
48.9
154.0
.1450
46.3
43.2
.1450
.1450
HEATING EQUIPMENT, EXC. ELECTRIC
Radiators and con vectors, shipments:
Cast-iron
mil sq ft radiation
Nonferrous
do
Oil burners:
Shipments
thous
Stocks end of period
do
Ranges, gas, domestic cooking (incl. free-standing,
set-in, high-oven ranges, and built-in oven
broilers)
thous
Top burner sections (4-burner equiv) ship
do
Stoves, domestic heating, shipments, total .. .do
Gas
do
Warm-air furnaces (forced-air and gravity air-flow),
shipments total
thous
Gas
do
Water heaters gas shipments
do
i 12.6
113.2
9.2
115.3
1.0
11.6
1.0
13.1
.9
12.4
.9
11.0
.7
9.0
.8
8.7
.7
7.1
.6
7.7
.6
8.1
1569.7
755.6
585.5
35.7
58.8
41.2
64.8
36.1
68.4
35.9
53.7
32.8
40.2
35.7
45.1
35.4
42.1
36.7
46.6
42.3
39.9
38.7
r 44. 5 ,
'54.2
52.6
58.7
12,040.2
342.6
2, 244. 5
304.8
191.5
27.1
226.6
31.7
212.7
26.1
190.0
22.1
196.5
23.9
162.5
18.2
180.7
19.6
227.2
23.6
187.5
23.3
177.4
22.1
208.3
25.2
i.6l,733.2 1, 647. 2
1,201.4 1, 107. 9
186.5
120.3
227.6
141.8
259.0
185.5
144. 1
105.6
61,514.5
11,175.2
2, 680. 1
1, 389. 4
1,127.5
2, 616. 4
182.3
74.9
208.6
66.9
218.6
322.5
140.4
112. 2
206.2
174.4
136.1
226.4
169.0
132.5
234.2
118.6
95.3
208.2
82.9 '•MS. 9
57.3 ••38.1
111.2
91.8
246.7
6101.7
'79.0
225. 3
' 6 72. 5 ' 6 73. 1
Ml. 6
r 6 96. 4
'77.5
207.4
••42.2
e 103. 7
'83.5
236.6
.4
8.1
.5
8.6
'•670.2 '895.1
' 47.2 '70.9
r 6 88. 1
'70.2
218.6
692.8
69.8
6
'698.3
105. 6
' 79. 0 84.1
194. 1
207.6
MACHINERY AND APPARATUS
Fans, blowers, and unit heaters, qtrly.:
Fans and blowers new orders
mil $
Unit-heater group new orders
do
Foundry equipment (new), new orders, net
mo. avg. shipments 1957-59=100 _
Furnaces (industrial) and ovens, etc., new orders
(domestic) net
mil. $
Electric processing
do
Fuel-fired (exc for hot rolling steel)
do
55.2
17.6
53 5
16.0
387.0
316.9
54.8
16.5
295.0
339. 5
371.8
267.2
198.2
274.0
244.6
227.6
340.6
319.5
243.9
14.2
2.6
7.9
16.3
1.6
10.7
13.7
1.8
6.1
16.1
1.7
9.9
25.6
3.4
16.4
11.7
2.0
5.4
15.2
2.2
8.3
15.8
3.5
7.6
15.5
1.6
9.3
114. 9
13.7
57.5
152.8
21.6
75.2
10.5
1.0
6.0
12.6
2.0
7.2
11.4
1.3
6.8
13.8
2.0
7.7
152.0
Material handling equipment (industrial):
Orders (new), index, seas, adj 0
1957-59=100-.
Industrial trucks (electric), shipments:
Hand (motorized)
number
Rider-type
do
Industrial trucks and tractors (internal combustion
engines), shipments
number..
186.3
192.6
183.0
211.0
205.6
231.8
209.7
210.1
204.3
189. 9
190.0
196.7
208.8
6,891
7,129
8,202
9,994
558
695
745
899
810
1,015
837
983
883
1,228
722
965
749
776
920
1,087
907
932
857
1,028
903
1,081
660
913
719
797
36, 171
41,746
3,378
3,729
3,910
4,144
4,052
3,531
3,619
4,159
3,980
4,015
4,305
3,359
3,598
Machine tools:
Metal cutting tools:
Orders new (net) total
Domestic
Shipments total
Domestic
Estimated backlog, end of period
mil $
do
do
do
months- _
976. 50 1,176.00
808. 90 1,054.40
958. 60
791. 80
830. 55
636. 75
7.6
6.3
106. 80
95.40
57.55
50.10
7.3
99.85
87.00
80.80
70.90
7.6
99.25
93.00
91.05
75.60
7.6
110. 50
100. 25
77.95
67.25
7.7
128. 50
116. 50
109. 10
98. 15
7.6
126. 50
115. 50
79.30
70.20
8.2
135. 45
121. 10
83.00
73.55
8.7
155. 85
137. 45
105. 05
94.25
9.1
134. 50
118. 40
86.00
78.35
9.5
127. 65
119. 55
90.20
79.25
9.7
Metal forming tools:
Orders new (net) total
Domestic
Shipments total
Domestic
Estimated backlog, end of period
mil $
do
do
do
..months..
319. 30
297. 75
287. 85
259. 80
9.9
24.55
22.95
20.35
18.85
9.7
25.60
24.00
21.20
18.95
9.8
35.20
33.45
24.30
21.90
10.3
27.15
25.05
22.95
19.55
10.4
27.60
23.95
30.30
27.55
9.9
29.75
26.10
23. 35
22.25
10.0
30.50
29.40
28.70
26. 15
10.2
31.25
28.65
30.45
28.75
10.0
22.80
21.80
26.70
25.30
9.6
31.15
27.55
27.40
25.85
9.5
22.75
39.15 ' 27. 95
33.00 ' 26. 60 21.45
30.60 ' 24. 00 26.35
29.35 ' 23. 30 24.05
9.9
'9.8
9.5
469. 4
122.3
39.2
246.1
246.9
246.4
242.4
294.6
287.1
298.4
264.9
388. 70
353. 30
228.20
200. 85
10.9
Other machinery and equip., qtrly. shipments:
Construction machinery (selected types), total 9
mil $ U 523 7
Tractors tracklaying total
do
1392.6
Tractors, wheel (con off-highway)
do
128.7
Tractor shovel loaders (integral units only),
wheel and tracklaying types
mil. $ . . i 352. 9
Tractors, wheel (excl. garden and contractors'
off-highway types)
mil $
i 679. 2
Farm machines and equipment (selected types),
excl. tractors
mil $
954.0
ELECTRICAL EQUIPMENT
Batteries (auto, replacement), shipments! ._ thous __ 30, 627
Household electrical appliances:
Ranges, shipments
(distributors'), domesticf
thous
Refrigerators and home freezers, output
1957-59=100..
140.8
Vacuum cleaners, sales billed
thous.. 4, 506. 7
\Vashers sales (dom and export)
do
4, 189. 6
Driers (gas and electric), sales (domestic and
export)
thous.. 11,826.4
Radio sets, production©
__. _
do
Television sets (incl. combination), prod.O - .do ___
Electron tubes and semiconductors (excl. receiving,
power, and spec, purpose tubes), sales
mil. $..
Motors and generators:
New orders index qtrly
1947 49 ~ 100
New orders (gross) :
Poly phase induction motors, 1-200 hp
mil. $._
D.C. motors and generators, 1-200 hp..._ do
407.7
98.4
39.9
' 393. 0
105.7
27.6
' 408. 8
91.3
' 107. 1
108.0
828.1
161.5
236.9
269.1
••1,053.6
244.4
' 222. 0
359.9
r\
736 6
439.7
151.3
110. 25
104. 40
79.00
72.30
10.5
30, 528
2,531
3,512
3,686
3,387
3,085
2,654
2,918
2,042
1,772
1,972
2,106 ' 2, 094
2,879
2, 022. 6
178.7
189.4
163.3
170.3
188. 8
172.8
165.5
178.3
191.5
163.1
162.4
169.5
178.0
147.8
i 5, 106. 9
14,347.1
87.6
376.6
398.6
145.3
497.7
430.6
160.1
534.4
397.2
147.5
543.5
370.4
159.7
431.4
357.1
170.3
434.5
317.4
176.2
517.0
364.7
151.6
549.6
397.7
192.6
429.0
351.6
176.2
397.6
349.6
181.0
402.8
413.9
156.5
414.6
384. 7
118.4
417.2
446.5
12,098.4
213.3
274.2
279.1
234.3
238.8
186.7
193.2
180.2
128.0
108. 6
144. 8
161.9
1,874
915
1,862
924
32,260
31, 239
1,824
907
1,801
874
3 2,075
3 1, 125
1,234
586
71.3
68.9
81.1
74.6
74.3
'77.8
57.8
19, 176
9,570
24,118
11, 028
653.0
757. 0
178
215
183.2
36.3
210.1
44.6
1,764 3 2, 214
819 3 1, 230
2,312
1,086
2,074
1,044
3 2, 417
3 1, 208
72.4
70.0
68.9
73.8
63.4
212
15.5
3.6
19.2
3.2
2
' Revised.
i Revised total; monthly revisions are4 not available.
For month
shown.
5
Data cover 5 weeks: other months. 4 weeks.
Less than 50 tons.
Excludes orders
for
motors
1-20
hp.;
domestic
sales
of
tMs
class
in
July
and
Aug.
1966
(mil.
dol.),
10.5
and
10.4.
6
For revised 1964 annual data and for monthly shipments beginning Jan. 1966, certain types
previously
classified
as
heating
stoves
are
included
in
warm
air
furnaces.
7
Reported yearend stocks. See BUSINESS STATISTICS note.
3
135. 20 '120,75
123. 15 '109.10
112. 00 ' 79. 30
102. 35 ' 72. 70
10.2
9.8
15.9
4.2
18.1
3.1
18.7
4.7
253
247
217
58.2
4.1
5
10.1
5.1
5
11. 2
5.6
262.0
' 1, 642 3 2, 589
920 3 1,293
59.1
5.1
59.8
3.8
5 10.1
3.9
58.7
4.1
59.2
3.3
ASee similar note, p. S-33.
<?Producers' stocks elsewhere, end of Sept. 1966,13,000 tons.
SRevised back to 1963 to incorporate new seasonal factors.
9 Includes data not shown.
tRevised series. Data include factory distributing branches and direct factory shipments
to retailers and other domestic customers; comparable Jan.-June 1965 sales appear in footnote
in Sept. 1966 SURVEY.
t See note marked "V' bottom of p. S-35.
O See note marked "0" bottom of p. S-35.
SURVEY OF CURRENT BUSINESS
October 1966
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1964
1965
Annual
S-35
1966
1965
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Mar.
Apr.
May
June
999
84
1,082
49
1, 289
50
1,232
62
1, 196
101
Feb.
July
Aug.
Sept.
PETROLEUM, COAL, AND PRODUCTS
COAL
Anthracite:
1,244 '1,313
1,286
17, 184 '15,009
1,269
1,255
Production
thous. sh. tons
1, 575
129
108
69
66
1851
88
Exports
- __do
Price, wholesale, chestnut, f.o.b. car at mine
$persh.ton__ 13.895
12. 979 12. 495 12. 495 12. 985 12. 985 12. 985
Bituminous:
486, 998 ••512,088 '46,409 '43,525 '46, 779 '46,542 '46, 775
Production
thous. sh. tons
13. 580
13. 580
13. 580
12. 005
12.005
12. 005
42, 090
40, 200
48, 200
30, 260
45, 930
46,130 '34,760
Industrial consumption and retail deliveries,
total?
thous. sh. tons. 431, 116 '459, 164 '37, 558 '36,215 '38, 145 '39,140 '42,859
Electric power utilities
do _ _ 223, 032 242, 729 21, 051 19, 936 20, 066 20, 552 22,646
246 '16, 432 '17, 564
Mfg. and mining industries, total
do_ _ 187, 758 '196,732 '15, 575 '14, 928 '16,
88, 757 ' 94, 779 ' 8, 134 ' 7, 513 r 7, 465 ' 7, 083 '7,405
Coke plants (oven and beehive)
do
45,157
24, 063
17, 904
7,538
40, 564
21, 263
16, 354
7,200
41, 021
21, 631
17, 521
8,171
38,047
20, 324
16,567
7,827
37,370 '37,994
19, 972 21, 269
16,611 '16,149
8,223 '8,159
895
56
876
52
840
1,266
1,748
2,078
2, 625
3,189
2,947
1, 865
1,102
75, 342
52, 661
22, 305
10, 081
77,393
53, 437
23, 603
10, 506
69, 308
49, 244
19, 768
8,484
70,418
50, 411
19, 715
8,253
73, 000
52, 017
20, 691
9,107
75, 226
53, 125
21,736
9,743
77, 393
53, 437
23, 603
10, 506
71, 889
49, 779
21, 833
10, 137
69, 055
47, 197
21, 630
9, 870
73, 526
48, 973
24, 362
11,318
68, 115
46, 919
20, 993
8,640
376
353
296
292
292
365
353
277
228
191
203
238
280
298
47, 969
i 50, 181
5,086
5, 160
5,560
4,627
3,542
2,854
3,166
3,512
3,937
4,238
5,038
4,038
4.798
6.895
4.794
6.926
4.786
6.833
4,790
7.017
4. 795
7.144
4.794
7.203
4.794
7.228
4.794
7.247
4.804
7.247
4.798
7.005
4.814
6.632
4.986
6.614
4.986
6.695
1,236
60, 908
16, 865
1,657
65,198
17,208
165
5,573
1,489
90
5,230
1,443
74
5,179
1,358
65
4,949
1,412
78
5,124
1, 553
94
5, 184
1,558
94
4.895
1,352
108
5,598
1, 478
108
5,401
1,381
113
5,640
1,448
122
5,528
1,419
5,677
L 470
1,971
1,708
262
1,359
524
2,699
2, 445
254
1,478
1834
1,271
1,085
181
1,460
99
1,484
1,278
206
1,418
73
1,918
1,690
227
1,414
65
2,341
2,103
239
1,411
77
2,699
2,445
254
1,478
78
2,789
2, 548
242
1,550
64
2, 696
2,504
192
1,546
67
2,627
2,442
185
1,584
68
2,345
2,172
173
1,570
118
2, 166
2,009
157
1,563
146
2,080
1,939
141
1,552
109
2, 223
2,029
194
1,582
77
18, 761
20, 620
2.92
2.92
3, 223. 3 3, 300. 8
87
87
1, 784
2.92
286. 1
89
1,844
2.92
270.2
86
1, 375
2.92
281.7
87
1,606
2.92
276.0
88
1,685
2.92
287.2
89
1,050
2.92
290.6
90
1,394
2.92
261.6
90
1,517
2.92
285.3
88
1, 274
2.92
271.7
87
1,380
2.92
290.1
90
1,544
2.92
285.6
92
1,393
P2.92
299.8
93
4, 036. 1
4, 190. 8
347. 4
329. 1
357.4
345.0
369. 6
378.3
346.8
389.5
362.1
373.7
365.7
371.9
2, 786. 8
422.5
2, 848. 5
441. 6
240.2
36.5
222.5
35.0
244.1
37.9
239.6
38.0
253.6
39.2
250.5
38.9
231.7
36.0
258.1
39.5
249.2
38. 8
259.8
39.4
251.5
37.9
256.3
38.9
438.6
388.1
3.7
452. 0
448.7
-2.9
40.8
29.9
10.9
43.2
28.4
4.3
39.1
36.2
12.1
32.0
35.4
-7.6
27.9
49.0
-36.6
42.0
46.9
-16.6
34.7
44.5
-23.1
38.8
53.1
9.4
36.5
37.6
11.0
37.3
37.2
30.2
39.0
37.4
9.5
39.1
37.6
30.3
do
4,032.4 '4,194.6
336.5
324.8
345.3
352.6
406.2
394.9
370.0
380.1
351.1
343. 6
356.3
341.6
do
do
__do
do
do
1.1
1.4
66.8
72.5
3, 958. 5 '4,125.7
1, 685. 5 2 1, 720. 2
178.4
297.6
0
5.7
330.8
154.4
5.9
0
5.2
319.6
142.5
6.0
.2
5ll
340.0
147.0
7.7
.1
5.5
347.0
140.1
9.4
(3)
5.3
400.9
149.0
12.7
.1
5.1
389.7
132.6
14.1
0
5.6
364.4
126.0
12.1
.1
6.2
373.8
145.4
8.7
.3
5.8
344.9
147.3
6.1
( 3 ).
5.5
338.1
153. 7
5.9
.1
6.1
350.1
165.4
4.9
6.1
335. 3
159. 6
4.6
Retail dealers
do _
Exports
do
Prices, wholesale:
Screenings, indust. use, f.o.b. mine
$persh. ton..
Domestic, large sizes, f.o.b. mine
do
COKE
Production:
Beehive
thous. sh. tons
Oven (byproduct)_______
do __
Petroleum coke§
do
Stocks, end of period:
Oven-coke plants, total
do_ _
\t furnace plants
do
At merchant plants
do
Petroleum coke
do. __
Exports
do
706
498
69, 761 ' 73, 173
48, 605 50, 589
20,918 '22,3C4
8,485 ' 9, 078
1, 040
51, 285
46,950
39, 247
22, 962
15, 748
8,236
19, 048
do
53
12. 005 p 12.350
19, 615
Retail deliveries to other consumers
Stocks, industrial and retail dealers', end of period,
total
thous. sh. tons
Electric power utilities _
do
Mfg and mining industries, total
do
Oven-coke plants
do
r 1, 190
474
65,344
46, 424
18, 622
6,683
5,156
4.986 v 4. 986
' 6. 795 P 7. 000
'102
146
5, 714
2,397
2, 180
217
68
PETROLEUM AND PRODUCTS
Crude petroleum:
Oil wells completed
_ _
number
Price at wells (Okla.-Kansas) _ __ $ per bbl
Runs to stills J
mil. bbl
Refinery operating ratio
% of capacity
All oils, supply, demand, and stocks : J
New supply, total __
.mil. bbl
Production:
Crude petroleum
____
do
Xatural-gas liquids, benzol, etc
do_
Imports:
Crude petroleum ..__
_
do
Refined products
do
Change in stocks, all oils (decrease,— ).___do
Demand, total _ _ _ _ _ _
_
Exports:
Crude petroleum
Refined products _
Domestic demand, total 9
Gasoline-- _.
_ _ _
Kerosene
Distillate fuel oil
Residual fuel o i l
Jet fuel
_ _
Lubricants..
Asphalt, _ _ _ _ _
Liquefied gases
__
. _
_ _ _ _ _ _ _ _
__ _ _
Stocks, end of period, total
Crude petroleum
Xatural-gas liquids
_
Refined products
Refined petroleum products: t
Gasoline (incl. aviation):
Production
_
Exports
__
Stocks, end of period ._ _
.
__
750.4
554.6
118.6
776.0
586.4
2 220. 6
47.9
36.8
20.0
49.8
37.5
19.6
56.9
45.8
18.2
71.7
46.8
18.6
92.9
65.9
19.4
96.1
65.9
18.6
88.4
64.7
17.6
76.5
65.9
19.9
63.3
49.1
21.5
53.2
43.2
20.3
48.5
44.4
20.7
43.3
43.0
17.7
do
do
do
45.8
120.2
247.9
47.0
127.6
' 260. 6
4.0
17.8
17.9
4.0
15.5
19.0
3.8
14.7
21.9
3.8
9.4
. 24. 0
3.7
5.4
33.1
4.1
3,7
34.8
3.6
3.5 .
30.5
4.6
6.1
27.2
4.4
8.1
24.0
4.4
12.1
22.9
4.2
17.2
21.6
4.1
17.5
21.7
do
do
do
do
839.2
230.1
35.7
573.5
836. 3
220.3
35.9
580. 2
864.1
236.4
46.7
581.0
868. 4
231.1
46.9
590.4
880.5
231.8
45.9
602.8
873.0
226.7
42.5
603.7
836.3
220.3
35.9
580.2
819.8
221.4
28.9
569.5
796.6
225.4
24.7
546.4
806.0
236.3
26.4
543.4
817.0
249.3
30.6
537.1
847.2
255.6
36.4
555.2
856. 6
259.7
41.4
555.5
886. 9
254.4
46 3
586.2
do
do
do
1, 687. 4
8.0
199.5
1, 704. 4
24.9
2 183. 1
150. 4
.4
181.8
140.5
.3
180.3
142.4
.3
176.6
142.5
.4
179.2
151. 4
.1
183.1
152.5
.2
203.5
133.8
.2
212. 2
146.3
2
214! 2
140.1
.2
207^9
147.7
.1
203.6
146.8
.4
185.9
156.0
.4
183.3
.113
,113
.113
.113
.105
.113
.113
.118
.118
Prices (excl. aviation) :
Wholesale, ref. (Okla., group 3)
$ per gal__
.113
.102
.113
.113
.113
Retail (regular grade, excl. taxes), 55 cities
(1st of following mo.)
$ per gal__
.209
.200
.211
.210
.208
r
Revised.
» Preliminary.
1 See note "O" for p. S-21.
2
Beginning Jan. 1965, gasoline excludes special n aphthas; aviation gasoline represeiits
finished grades only (alkylate excluded); commercial j 5t fuel (for merly inc uded wil h keroseile)
is included
with jet fuel.
3
Less than 50, 000 bbls.
9 Includes data not shown separately.
§ Includes nonmarketable catalyst coke,
t Revisions for Jan.-Oct. 1964 will be shown later
9
do
do _
do
2
.213
* 2. 92
v . 118
.210
.211
.213
.210
.212
.218
.218
.218
.221
.219
FO OTNOan ES FO R ELEC3TRICA L EQU IPMEN T, Pr- 34.
I D a ta reflect adjustn lent to t he 1963 CCensus of Manufa ctures; r evisions 3ack to L963 are
availat>le.
O R idio procluction c omprises table, p artable b attery, a uto, and clo3k m oiels; tel evision
sets co1^er mono chrome imd color units.
SURVEY OF CURRENT BUSINESS
S-36
1964
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1965
1966
1965
Aug.
Annual
October 1966
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
PETROLEUM, COAL, AND PRODUCTS—Continued
PETROLEUM AND PRODUCTS— Continued
Kenned petroleum productsi—-Continued
Aviation gasoline:
Production. _ __'
— __ _ mil. bbl
Exports
do
Stocks, end of period
do
Kerosene:
Production
do
Stocks, end of period
do
Price, wholesale, bulk lots (N.Y. Harbor)
$ per gaLDistillate fuel oil:
Production
mil. bbl
Imports
do
Exports _
do
Stocks, end of period
_do_ _
Price, wholesale (N.Y. Harbor, No. 2 fuel)
$ per galResidual fuel oil:
Production
mil. bbl
Imports
do
Exports
do
Stocks, end of period.
__
_
_ _do _
Price wholesale (Okla., No. 6)
$ per bbl
Jet fuel (military grade only) :
Production
mil. bbl
Stocks, end of period
do
Lubricants:
Production
do
Exports
do
Stocks end of period
do
Price, wholesale, bright stock (midcontinent,
f o b Tulsa)
$ per gal
Asphalt:
Production
mil. bbl
Stocks end of period
do
Liquefied petroleum gases:
Production
do
Transfer from gasoline plants
do
Stocks (at plants, terminals, underground, and
at refineries) end of period
mil. bbl
Asphalt and tar products, shipments:
Asphalt roofing, total
thous. squares
Roll roofing and cap sheet
do
Shingles all types
do
Asphalt siding
Insulated siding
Saturated felts
do
do
thous sh tons
127.8
5.4
9.1
US. 6
i42
1
8.^
4.1
3
8.5
4.1
3
8.7
3.8
2
8.4
3.9
4
8.0
39
1
83
3.7
1
85
33
1
91
3.3
2
92
3.0
2
90
3.3
1
8.1
32
4
72
35
4
7 0
169.5
36.2
i1 94 5
24.1
66
26 0
69
26.9
81
27.3
83
26. 3
10 4
24 1
10 3
20.2
98
17 9
95
18 7
7 0
19 6
7 4
21.3
7 2
23 5
81
27.1
.096
.098
.095
.098
.100
.100
.103
.103
.103
.103
.102
.102
.102
.102
742 4
11.8
5.4
155. 8
765 4
13.0
3.7
155.4
66 4
16
.3
158.4
62.8
1.1
.5
172.0
65 7
1.3
* .1
182.0
66 1
1.1
.3
177.3
70 1
11
.3
155. 4
70 1
1.1
.4
130.0
62 8
6
1.0
104.0
64 7
.8
.3
92.8
60 4
1.4
.3
91.0
63 8
1.2
.3
102.5
62 1
18
3
117 7
67 3
1.1
.3
142. 5
P .102
.086
.090
.087
.090
.092
.092
.095
.095
.095
.095
.092
.092
.092
.092
f> .092
266 8
295.8
18.9
40.4
1 50
268.6
344.6
14.9
56.2
1.83
21 1
20 4
1.3
53.8
1 85
19.5
20.0
1.0
55.1
1.90
22.4
27.5
1.1
58.4
1.95
22.8
26.1
1.0
59.7
1.95
24 6
38.5
1.0
56.2
1.95
26.3
37.8
1.1
53.6
1.90
22 2
37.3
1.1
47.6
1.80
23.8
42.8
1.9
46.8
1.60
20.5
28.6
.8
46.2
1.55
20.5
26.7
1.1
49.5
1.55
19 6
27*8
1i
51.7
1.55
21.6
27.1
.9
56.9
1.55
v 1. 55
108 0
9.9
i 1191.2
18.7
16 0
19 8
16 0
17 9
16.5
18.2
16.2
18.6
16.6
18.7
16.8
18.9
15.7
19.2
17.9
20.1
17.6
18.7
18.5
19.6
18 6
19 8
17.8
23.0
63 7
18 2
14.1
62.9
16.7
13.3
54
9
13.3
51
14
13.0
5.1
1.6
12.8
5.1
1.2
12.9
5.5
1.4
13.3
5.6
1.1
13.8
5.1
1.2
14.1
5.4
1.3
13.6
5.3
1.4
13.1
5.6
1.2
13.1
51
15
12 5
5.8
1.7
12.5
.270
.270
270
.270
.270
.270
.270
.270
.270
.270
.270
.270
.270
114 9
14 2
123. 6
16.2
14 6
16 2
13 5
14.8
12.6
13.2
9.8
13.9
7.3
16.2
6.6
19.5
6.0
22.4
8.0
24.5
10.3
26.8
11.4
26.5
13 8
23.6
14.1
20.9
59 2
189 6
56.1
200 2
4 8
13 1
4.3
14 6
4.3
17 5
4.2
19.6
5.1
22 9
5.4
24.0
4.9
21.1
5.3
17.9
4.9
14.9
5.3
13.8
4 9
13 3
5.1
13.2
31 8
32.0
43 5
43.8
42.8
39.4
32.0
24.3
20.1
21.1
25.4
32.1
37 4
42.9
71, 075
26 218
44 857
72, 696
28 584
44 112
8,546
3 322
5 224
7,766
3 130
4 636
7,279
2 987
4,292
5,599
2 294
3 305
4,580
1 982
2 598
4, 987
2,056
2,932
3, 601
1,490
2,111
4,724
1,996
2,728
5,448
2,028
3,420
6,100
2,263
3,838
720
680
995
645
603
973
70
65
109
72
69
93
75
63
82
62
45
73
47
31
66
44
21
80
30
17
56
35
36
68
38
44
73
38
53
75
48
62
99
r44
. 270
p
.270
8 127 ' 6, 540 7,160
3 050 ' 2 582 3 034
4 126
5 077 ••3 958
60
77
60
68
80
PULP, PAPER, AND PAPER PRODUCTS
PULP WOOD AND WASTE PAPER
Pulpwood:
Receipts
Consumption
Stocks end of period
Waste paper:
Consumption
Stocks end of period
thous cords (128 cu ft )
do
do
49, 872
49, 711
4,843
50, 452
50, 740
5,770
4,379
4,351
4,985
4,270
4, 085
5, 268
4,611
4,664
5,328
4,228
4,383
5,317
4,441
4,072
5,770
4,247
4,574
5, 412
4,192
4,293
5,320
4,843
4,651
5,428
4,512
4,642
5,260
4,569
4,794
5,001
4,957
4,664
5, 313
4,772
4,564
5,453
thous sh tons
do
9,493
596
9,914
573
833
532
840
520
899
511
842
512
804
573
848
486
808
464
920
466
871
486
899
488
894
511
740
555
WOODPULP
Production:
Total all grades
thous sh tons
Dissolving and special alpha
do
Sulfate
'
do
Sulfite
do
32, 429
1,457
20, 006
2,685
33, 296
1,486
20, 514
2,789
2,917
134
1,822
238
2,700
120
1,678
220
2,949
130
1,817
258
2,894
119
1,811
232
2,626
124
1,606
217
2,918
141
1,808
230
2,750
124
1,715
213
3,052
140
1,908
242
2,964
132
1,854
239
3,102
134
1,945
256
3,017
140
1,898
236
2,904
115
1,847
220
Groundwood
Defibrated or exploded
Soda, semichem., screenings etc
Stocks, end of period:
Total all mills
Pulp mills
Paper and board mills
Nonpaper mills
do
do
do
3,596
1,621
3,063
3,920
1,473
3,113
337
122
263
305
121
256
334
126
284
339
119
275
320
113
247
337
121
281
315
118
265
342
131
289
331
133
275
338
133
297
322
134
286
318
131
273
do
do
do
do
781
228
462
92
730
253
395
82
766
302
383
81
743
290
375
78
750
311
369
70
739
300
366
73
730
253
395
82
698
265
359
75
682
252
351
79
680
242
355
82
683
243
361
79
700
250
369
81
716
233
393
91
745
249
407
89
Exports, all grades, total
Dissolving and special alpha
All other
do
do
do
1,602
581
1,021
21,402
2535
897
109
42
67
110
41
69
123
49
74
101
33
68
129
56
73
128
58
71
126
56
70
125
56
70
153
46
108
140
47
93
132
54
78
121
24
97
123
42
81
Imports all grades total
Dissolving and special alpha
All other
do
do
do
2,922
272
2,650
3,127
280
2,847
265
23
242
253
25
228
261
23
237
306
24
282
270
23
247
242
22
220
249
23
226
303
27
276
254
20
234
287
24
263
300
28
272
279
26
254
320
29
290
3,626
1,544
1,730
11
342
3,911
1,677
1,858
11
365
3,751
1,627
1,789
11
324
3,624
1,573
1,754
12
286
3,847
1,700
1,845
11
291
3,651
1,587
1, 759
11
295
4,045
1,756
1,935
12
341
3,938
1, 697
1,879
12
349
4,034
1,718
1,964
12
339
3,998
1, 699
1,946
12
339
3,712
1,595
1,799
9
309
PAPER AND PAPER PRODUCTS
Paper and board:
Production (Bu. of the Census) :
All grades, total, unadjusted.- -thous. sh. tons__
Paper
do
Paperboard
do
Wet-machine board
do
Construction paper and board
do
r
Revised.
"Preliminary.
43, 747
3,746
41, 748
19,020
18, 180
1,608
20, 760
1,788
19, 623
135
11
148
3,833
340
3, 797
2
i See note 2 for p. S-35.
See note "O" for ]p.
S-21.
tRevisions fc f Jan.-O ct. 1964 Avill be sh own later.
Sept,
SURVEY OF CTJKEENT BUSINESS
October 1966
1964
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1965
1966
1965
Aug.
Annual
S-37
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
PULP, PAPER, AND PAPER PRODUCTS—Continued
PAPER AND PAPER PRODUCTS— Con.
Paper and board— Continued
New orders (American Paper and Pulp Assoc.):
All grades paper and board
thous sh tons
Wholesale price indexes:
Printing paper
1957-59=100
Book paper A grade
do
Paperboard
do
Building paper and board
- -do
Selected types of paper (APPA):
Fine paper:
Orders, new
thous. sh. tons _
Orders unfilled end of period
do
41 646
44, 296
3,747
3,664
3,934
3, 708
3,556
3, 970
3,692
4,228
3,998
4,056 P 3, 997
101.4
113.5
96.7
92.7
101.4
113.5
97.0
92.7
101.4
113. 5
97.1
92.6
101.4
114.6
97.2
92.6
101.9
114.6
97.2
92.6
101.9
115.6
97.2
92.6
P 3, 703
101.4
109.4
96.5
94. 2
101.4
110.6
96.4
93.0
101.4
110. 7
96.3
93.3
101.4
110.7
96.4
93.4
101.4
110.7
96.5
93.8
101.4
111.5
96.5
93.3
101.4
111.5
96.5
92.7
101.4
112.7
96.7
92.7
2,234
98
2,429
150
197
153
192
149
206
151
214
169
201
150
213
146
207
154
242
168
233
172
'230
'177
v 228
p 188
P219
P194
do
do
2,244
2,237
2,410
2,413
204
202
197
193
211
202
206
214
208
209
217
214
205
200
226
231
'228
228
'231
'222
p 225
p 226
P213
P217
do
do
5,800
437
6,195
510
510
518
517
543
550
554
476
500
502
510
553
522
529
562
623
620
551
598
'579
'615
p 576
v 622
P 543
P653
do
do
5,623
5,623
5,993
5,993
493
493
507
507
534
534
503
503
505
505
526
526
502
502
562
562
534
534
'557
'557
P 552
P 552
p 511
P511
do
do
4,392
190
4,590
210
392
235
357
219
396
227
379
199
379
210
394
211
381
226
447
250
417
256
'390
'247
p 386
P 237
p 393
P 229
do
__do
4,352
4,331
4,591
4, 564
390
382
371
374
395
391
392
393
376
379
399
390
376
376
429
420
394
'399
'408
'400
•p 392
v 392
P 389
P394
_ ..do _
do
do
7,301
7,310
178
7,720
7,747
150
663
646
225
637
637
225
686
694
217
693
717
193
648
691
150
675
610
215
654
617
253
738
688
302
702
732
272
735
777
230
698
687
241
703
666
278
730
709
299
2,261
2, 273
22
2,180
2,183
19
196
189
27
160
167
20
182
178
23
193
192
24
181
186
19
197
191
25
185
184
27
203
210
20
192
191
20
205
207
17
205
204
18
194
186
26
211
207
30
Consumption by publisherscfL
. __do
Stocks at and in transit to publishers, end of
period _ _ _ _ _
_ thous. sh. tons
6,031
6,387
517
509
591
589
576
526
498
586
576
628
573
522
547
585
573
634
626
580
570
573
586
619
624
641
668
677
688
729
Imports
_
do
Price, rolls, contract, f.o.b. mill, freight allowed
or delivered
$ per sh ton
5,954
6,323
525
574
539
538
627
551
509
633
570
607
632
494
587
134. 23
132. 40
132. 40
132. 40
132. 40
132. 40
132. 40
132. 40
132. 40
132. 40
134. 40
134 40
138. 40
386
563
384
88
i 417
i 796
410
90
412
818
416
90
413
848
415
90
444
844
441
94
437
847
443
94
386
793
414
89
438
855
421
93
453
902
446
95
471
944
450
95
453
973
450
94
469
1,025
466
97
452
999
457
94
137, 261 148, 312
12, 523
13, 167
13, 633
13, 375
12, 812
12,044
11,848
14,043
13,068
13, 477
131 1
137 2
137 5
128 4
136 2
122 9
115 9
140 2
129 5
133 5
50 90
90. 56
40 27
.258
45 93
90 34
44. 33
.244
46 42
37 71
47 06
91.45 ' 90 84 92 72
38.45
42 40
25.94
.234
.241
.236
Production
Shipments
Printing paper:
Orders new
Orders unfilled end of period
Production
Shipments
Coarse paper:
Orders new
Orders, unfilled, end of period
Production
Shipments
_ _ _
Newsprint:
CanadaProduction.., _
_____
_ __
Shipments from mills
Stocks at mills, end of period
United States:
Production
.
Shipments from mills
Stocks at mills, end of period
do
__do
--_do__ .
Paperboard (National Paperboard Assoc.) :
Orders, new (weekly avg.)
thous. sh. tons__
Orders, unfilled, end of period __
_-do
Production, total (weekly avg.)_ _
._ do_
Percent of activity (based on 6.5-day week)
Paper products:
Shipping containers, corrugated and solid fiber,
shipmentst
___mil. sq. ft. surf. area__
Folding paper boxes, shipments, index of physical
volume
1947-49 — 1 flQ
125 7
128 2
101.9
116.7
97.2
93 2
138 40 pl38 40
391
999
410
84
449
975
450
92
13, 669
12, 403
14, 064
144 5
'125 8 p 141 2
429
937
435
90
RUBBER AND RUBBER PRODUCTS
RUBBER
Natural rubber:
Consumption
thous Ig. tons
Stocks, end of period _ __
do
Imports, incl. latex and guayule _
__do
Price, wholesale, smoked sheets (N. ¥.)__$ per lb__
Synthetic rubber:
Production _ _ _
_ ___ _
Consumption
Stocks, end of period _
_ _
Exports. _ _ _ _ _ _ _
Reclaimed rubber:
Production
Consumption
_
Stocks, end of period
thous. Ig. tons
do
_
do
do
_
_
514. 71
100. 01
445. 32
.257
40 57
96 20
28.42
.248
43 98
96 96
39 90
.243
46 14
96.44
41.91
.241
1 764.94 1,813.99 148 59
1 451 51 1 540 87 119 51
311.95 323. 56
297. 13
321. 26 2 281 78
24 87
137 70
131 44
311
08
9
1 70
156. 52
140 48
304 81
25 17
481 50
86 85
441. 19
.252
45 41
98.36
43.91
.241
157
133
302
23
44 26
100 01
44 57
.243
87
44
99
79
166 129
135 8
311 95
23 32
46 94
98 70
28 31
.245
168
137
320
23
88
78
46
31
44 34
93 73
44 94
.258
153
131
317
99
07
54
01
91
169
150
309
30
52
23
77
00
165
141
316
26
58
O9
02
11
165. 55 161 59
137 93 140 29
322. 02 '323 96
24 07
24 59
do
do
do
276 26
263. 19
30 08
280 29
269. 54
30 16
22 60
20 80
30 88
22 38
22 20
30 39
23 43
24 03
29 06
22 83
21 45
28 84
24 66
22 75
30 16
23 32
23 06
28 93
22 84
21 88
28 72
27 19
24 56
30 07
23 20
22.06
9
9 99
thous
158 113
167, 854
12 822
13 921
15 331
14 194
14 839
15 308
14 605
16 275
15 317
14, 885
12 222
4,844
7 181
196
15 855
5,527
10 079
249
16 224
5,253
10 734
937
14, 690
4,903
9,587
200
155
112
342
28
30
21
63
01
38 05
.230
9
.223
5 39
24 55
23 96
18 64
21.67
22 35
17 29
30 79 ' 32 18 39 38
TIRES AND TUBES
Pneumatic casings:
Production
_
_
Shipments, total ___
Original equipment.
Replacement equipment
Export..
___ _
Stocks , end of period
._ _
Exports (Bu. of Census)
.
•Inner tubes:
Production. _ __ __
Shipments
Stocks, end of period
Exports (Bu. of Census)
do
do
. do
do
150 488
48, 045
1000 369
075
169, 060
58, 280
107,
905
9
875
1° 145
2,215
9 682
9
48
14 863
4,178
10 441
044
16 073
5,557
10 206
310
13 709
5,511
8 017
181
13 062
5,386
7 472
205
13 912
4,987
8 729
195
do
do
37, 553
1 589
37 059
2 2 381
36 095
173
35 110
191
34 442
259
35 083
183
37 059
156
38 366
140
40 833
180
41 441
211
40 775
175
do
do
do
do
4'? 437
41 890
11 454
896
41
41
11
2i
3 951
3 591
11 015
77
3 455 3 513
3 589
3*413
11 045
11 145
193
174
3 243
3 058
11 336
99
3 483
3 021
11 839
108
3 507
4 351
11 216
71
3 5589
3 74
11 179
64
3 983
4 480
10 630
87
3 591
3 794
10 699
195
342
936
839
igg
' Revised.
p Preliminary.
1 Beginning Jan. 1965, monthly data are 4-week averages
for period ending Saturday nearest the end of the month. Annual data for new orders are
52-week averages; those for unfilled orders aie as of Dec. 31. 2 See note "O" for p. S-21.
12 187
13 959
16 220
4,900
11, 161
159
12 901
2,446
10, 292
163
12 621
2,066
10, 358
197
41, 214
220
39, 601
147
39, 166
151
40,856
153
3 533
3 336
11 039
126
3 669
3 770
11 107
80
3 185
3 402
11 119
96
3 301
3 399
11 163
74
14 473
G? As reported by publishers accounting for about 75 percent of total newsprint consumption.
t Revisions for Jan. 1964-Feb. 1965 will be shown later.
SURVEY OF CUREENT BUSINESS
S-38
1964
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1965
Annual
October 1966
1966
1965
Aug.
Sept.
Oct.
Nov.
Jan.
Dec.
Feb.
Mar.
Apr.
May
June
July
Aug.
43, 176
Sept.
STONE, CLAY, AND GLASS PRODUCTS
PORTLAND CEMENT
Shipments,finishedcement
.
thous. bbl
!
J
373 563
41, 242
37, 531
39 418
31 446
25, 117
17 327
16 982
28 779
30 883
35 330
41, 724
37, 941
7, 743. 8
311 4
1 837 2
8, 089. 1
313 3
1 732 2
768.2
28 9
175 5
743.7
27 5
166 3
749 5
29 2
155 6
714 0
138 8
645 6
93 7
118 8
464 3
20 4
94 5
421 0
16 7
82 9
747 7
°3 4
151 3
745 6
22 7
146 4
753.8
21 2
148.4
' 812. 3
-•24.5
r
174. 4
709.9
24.3
156.9
353 4
326 9
30 6
30 3
28 5
28 3
28 1
23 1
21 8
9Q 3
28 3
26 2
29.2
27.3
288 8
283 4
24 9
24 8
23 4
22 1
21 6
22 5
21 5
?5 9
24 6
24.2
'26. 1
21.8
107.1
108 4
108.8
109.2
109.2
109.4
109. 8
109 9
110 4
110.9
111.1
111.8
111.9
111.9
324 955
354 308
89 869
96 489
r
87, 802
86, 554
144 753
180 202
140 559
213 749
38 848
51 021
39 769
56, 720
^33 541
r
54, 261
34, 401
52, 153
189 414
202 050
19 407
16 801
18 299
16 269
15,275
16 745
16, 352
18, 658
17 567
18, 370
18, 996
18, 027
19, 821
184, 773
195, 924
18 390
17, 468
16, 667
15, 897
15, 743
14,715
14, 298
17, 785
16, 578
17, 460
19, 337
17, 125
19, 768
20, 829
21 548
2,830
2,886
1,932
1,489
1,403
1,431
1,537
2,035
1,717
1,713
1,653
1,578
2,533
50 721
53 749
5 001
4 929
5 030
4 707
4 193
4 369
3 964
4 356
3 851
4 142
4 568
3,957
4,963
366 304
CLAY CONSTRUCTION PRODUCTS
Shipments:
Brick, unglazed (common and face)
mil. standard brick
Structural tile, except facing
thous sh tons
Sewer pipe and fittings, vitrified
do
Facing tile (hollow) , glazed and unglazed
mil brick equivalent
Floor and wall tile and accessories, glazed and unglazed
mil sq ft
Price index, brick (common), f.o.b. plant or
N.Y. dock
-_
. _. 1957-59=100
96 1
110.7
GLASS AND GLASS PRODUCTS
Flat glass mfrs ' shipments
thous $
Sheet (window) glass shipments
Plate and other flat glass shipments
Glass containers:
Production
do
do
thous gross
Shipments, domestic, total
do
General-use food:
Narrow-neck food
do
Wide-mouth food (incl. packers' tumblers,
Beverage
Beer bottles
Liquor and wine
do
do
do
17, 664
33 252
16 756
20 283
36 134
17 273
1,764
3 357
1 382
1,371
2,838
1, 488
1,379
2 332
1 759
1,427
2 530
1,723
2,131
2,694
1,447
1,146
2 414
1 248
1,413
2, 216
1,366
2,034
3,302
1,571
2,266
3,304
1, 469
2,561
3,549
1,539
3,350
4, 197
1,540
3,236
4,190
1,120
2,579
3,893
1,507
Medicinal and toilet
Chemical household and industrial
Dairy products
do
do
do
36 764
7 366
1 421
38 797
6 882
1 265
3 371
3 193
3 548
3,200
3 501
3,864
3,359
3,427
3,646
531
92
502
103
516
81
510
92
2,575
512
94
460
95
3.366
554
106
516
113
3,247
563
128
3,367
567
117
393
76
544
103
do
25, 375
26 945
27 466
26, 550
27, 696
27, 790
26, 945
28 466
30, 370
30, 801
31,977
32, 814
31, 892
32, 408
31,926
6 246
10 684
5 911
10 035
1 734
2 708
1 475
2 568
1,033
2,245
1,487
2,678
do
9 440
9 320
2 510
2 313
2,074
2,305
do
do
4,562
4 580
1,283
1,122
77
79
786
81
1,430
319
do
do
972
993
898
976
210
266
173
235
168
202
194
238
1 495
7 542
1 368
8'083
371
311
2 133
2,073
74
67
10
396
Stocks, end of period
522
127
GYPSUM AND PRODUCTS (QTRLY)
Crude gypsum, total:
Imports
Production
thous sh tons
do
Calcined production total
Gypsum products sold or used, total:
Uncalcined uses
Industrial uses
Building uses:
Plasters:
Base-coat
All other (incl Keene's cement)
Lath
Wallboard
All other
mil sq ft
do
do
292
253
271
82
264
316
1,623
1,996
54
76
TEXTILE PRODUCTS
WOVEN FABRICS
Woven fabrics (gray goods), weaving mills f
Cloth woven total Q
mil linear yd
Cotton
do
M^anmade
fiber
do
Stocks total end of period 9 cf
Cotton
IVtanmade
fiber
Cotton
IVEanmade
fiber
do
do
do
do
do
12 672
9 136
3 289
13 037
9 262
3 517
1 068
1 139
661
386
676
442
1 036 2 1 258
2 883
730
2 351
285
s i 094
5
1 034
733
°82
2
2
2
1 013
1 020
1, 265
2864
2
373
1,019
705
293
1,008
282
1 171
2827
2
321
701
294
1, 245
2856
2361
1 027
'729
712
280
700
285
1 108
'649
1 100
1 139
1 107
1,068
1,053
1,087
627
416
614
414
1,045
676
442
653
430
1 080
440
655
427
1 097
437
4 589
3 387
1, 078
4 649
3,439
1,085
4 662
3,473
1,080
4 714
3,504
1,099
4 457
3,305
1,050
636
654
423
3 757
2 500
1 161
4 140
3 023
4 216
3 019
1 088
4 145
2 949
1 092
4 139
3 020
1 018
4 180
3 046
1*016
4 140
3 023
999
999
4 246
3 114
1 008
15 149
14 916
922
3 654
8 916
11, 709
312,696
414, 474
15 182
8 940
14 956
9*296
639
422
607
416
620
447
COTTON
Cotton (exclusive of linters):
Production:
GinningsA
thous running bales
Crop estimate, equivalent 500-lb. bales
thous bales
Consumption
do
Stocks in the United States, total, end of period
thous. bales. _
Domestic cotton, total
do
Public storage and compresses
Consuming establishments
Foreign cotton, total. _ __.
do _
do
do
21,929
21, 817
1,655
18, 706
1,456
112
•>3 757
23, 652
2. 505
19,619
1,528
105
1,341
610,688
733
28, 401
28, 306
14, 620
12, 512
1,174
95
2
742
886
27, 366
27, 265
12, 157
14, 037
1,071
101
26, 301
26, 202
17,457
1,201
99
r
Revised. 1 Beginning Jan. 1965, excludes finished cement used in the manufacture of prepared masonry cement (2,734 thous. bbls. in 1964); annual totals include revisions not distributed to the months.
2
3
4
Data cover5 5 weeks; other
months,
4 weeks.
Ginnings to Dec. 13.
Ginnings
6
to Jan. 15.
See note "d1."
Oct. 1 estimate of 1966 crop.
fBeginning 1964, data are not strictly comparable with figures for earlier periods because of
revised fabric classifications and the inclusion of manmade fiber drapery fabrics.
9 Includes data not shown separately.
14, 916
751
2
831
753
753
2947
758
769
2953
622
769
16, 862
16, 801
188
15, 274
1,339
62
26, 902
26, 803
11 318
14,177
1,308
99
20, 413 19,542 18, 629 17,467
20, 323 19, 460 18, 553 17,396
ocx
1 31
377
1 4.7
18, 632 19, 619 19, 741 19, 188 18, 381 17,360 16, 524 15, 761
1,488
1,746
1, 652
1,811
1,710
1,645
1,409
1,528
71
82
76
90
96
101
100
105
^Stocks (owned by weaving mills and billed and held for others) exclude bedsheeting,
toweling, and blanketing, and billed and held stocks of denims. Effective Aug. 1965, stocks
cover additional manmade fiber fabrics not previously included.
^Unfilled orders cover wool apparel (including polyester-wool) finished fabrics; production
and stocks exclude figures for such finished fabrics. Orders also exclude bedsheeting,
toweling, and blanketing.
ATotal ginnings to end of month indicated, except as noted.
25, 056
24, 956
23, 757
23, 652
22, 617
22, 516
21, 692
21,596
fiQS
SURVEY OF CURRENT BUSINESS
October 1966
Unless otherwise stated, statistics through 1964
and descriotive notes are shown in the 1965
edition of BUSINESS STATISTICS
1964
1966
1965
| 1965
Aug.
Annual
S-39
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
TEXTILE PRODUCTS—Continued
COTTON— Continued
Cotton (exclusive of linters)— Continued
Exports
thous bales
Imports
do
Prices (farm), American upland
cents per lb__
Prices, middling 1", avg. 15 markets ..
do
Cotton linters:
Consumption
thous. bales
Production
do
Stocks, end of period
.
do
COTTON MANUFACTURES
Spindle activity (cotton system spindles) :
Active spindles last working day total
mil
Consuming 100 percent cotton
do
Spindle hours operated all fibers total
bil
Average per working day
do
Consuming 100 percent cotton
do
Cotton yarn, natural stock, on cones or tubes:
Prices, f.o.b. mill:
20/2 carded weaving §
$ per Ib
36/2, combed, knitting§_
_
do
Cotton cloth:
Cotton broad woven goods over 12" in width:
Production (qtrly )
mil lin yd
Orders, unfilled, end of period, as compared with
avg weekly production
No weeks' prod
Inventories, end of period, as compared with
avg weekly production No weeks' prod
Ratio of stocks to unfilled orders (at cotton
mills) end of period, seasonally adjusted
Mill margins
cents per lb._
Prices, wholesale:
Denim mill
finished
cents per yd
Print cloth 39 inch 68 x 72
do
Sheeting, class B 40-inch 48 x 44-48
do
MANMADE FIBERS AND MANUFACTURES
Fiber production, qtrly total
mil Ib
Filament varn (rayon and acetate)
do
Staple incl tow (rayon)
do
Noncellulosic, except textile glass:
Yarn and monofilaments*
do
Staple incl tow*
do
Textile glass
fiber
do
Exports:
Yarns and monofilaments
thous Ib
Staple, tow, and tops
_ __
do
Imports :
Yarns and monofilaments
do
Staple, tow, and tops
_ _
do
Stocks, producers', end of period:
Filament yarn (rayon and acetate)
mil Ib
Staple, incl. tow (rayon)
do
Noncellulosic fiber, except textile glass:
Yarn and monofilaments*
do
Staple, incl. tow*
do
Textile glass
fiber
do
Prices, manmade fibers, f.o.b. producing plant:
Staple: Rayon (viscose), 1.5 denier
$ per Ib
Polyester, 1.5 denier*
do
Yarn: Rayon (viscose), 150 denier
do
Manmade fiber and silk broad woven fabrics:
Production (qtrly ), total 9mil lin yd
Filament yarn (100%) fabrics 9
do
Chiefly rayon and/or acetate fabrics
do
Chieflv nylon fabrics
do
Spun yarn (100%) fabrics (except blanketing) 9
mil. lin. yd
Rayon and/or acetate fabrics and blends
do
Polyester blends with cotton
do
Combinations of filament and spun yarn fabrics
mil lin yd
Exports, piece goods
thous sq yd
WOOL
Wool consumption, mill (clean basis) :
Apparel class
Carpet class.
Wool imports, clean yield*
Duty-free (carpet class)*
Wool prices, raw, clean basis, Boston:
Good French combing and staple:
Graded territory,
fine
Graded fleece, ?& blood
_
Australian, 64s, 70s, good topmakirig
91
37
104
43
588
19 2
14.7
13 0
.518
19 2
14.7
10 5
.525
19.3
14.7
10 7
.536
19.3
14.8
12 9
.515
2
9.9
19.3
14.8
19.5
15.1
10.6
.530
18.8
14.6
10 5
.525
106
44
605
2 138
735
123
572
119
188
641
110
200
680
18.7
15.3
124 6
471
103.6
18 9
14 7
128 0
18 9
15 1
10 1
19 0
15 0
2 12 3
19 0
15 0
10 3
19 1
15 0
10 4
102.9
630
.892
629
632
637
.891
.898
.900
8,966
9,238
18 2
20 3
18 8
5.2
4 5
.30
3 29. 49
2
131
470
293
278
16
522
8.2
8.2
2
210.0
8.0
58
711
2
8.2
'641
8.6
.430
6.6
652
657
667
.939
.946
.667
.954
.667
.959
21 8
22 6
22 6
21.7
28.7
3.7
38
3.8
3.8
5.0
.19
38.77
.17
38.58
.16
.16
38.71
38. 72
.17
38.72
38. 75
.18
40.40
34 9
18 8
17 6
34.9
18.8
18.0
35 6
18 8
18.0
36 2
18 8
18 0
36.2
18.8
18.0
36 2
18.8
18.0
P36.2
P18.8
*18. 1
937. 4
201.7
167.0
994.2
198.8 r 55 67. 6
172.8 ' 55. 4
568.6
559.6
270.7
220.2
77.8
289.1
249. 4
84.1
642
647
652
.910
.916
.926
.934
18 6
18 7
19 0
20 3
19 9
21 7
4.0
4.1
4.0
4.1
4.5
41
40
.23
.21
37. 51
3 38. 31
.21
38.57
.22
38.62
.23
38.58
.23
38.77
.20
38.78
36 6
4
16. 5
17.4
34 9
18 6
17.5
34 9
18 8
17.5
34 9
18 8
17.5
34 9
18.8
17.5
34.9
18.8
17.5
34 9
18 8
17.5
34 9
18 8
17.5
3 018.0
777.5
594 3
3, 532. 2
825.0
648 0
905 0
210. 5
162 0
910 7
203. 3
156 4
847. 6
559 1
239.5
997.7
779 2
282 3
251.7
209 7
71 1
260.5
214 4
76 1
p. 667
P. 962
2,274
2,310
.17
116, 473
56, 411
6
6
99, 923
50, 763
8,189
3,336
8,282
4,034
7,516
3,058
8,821
3,404
8,903
4,856
7,737
4, 173
9,114
4,204
10, 029
6, 181
8,509
4,902
9,209
5,506
8,262
5,104
7,290
4,394
7, 056
4,025
9 202
133, 695
15, 690
130, 108
1,114
13,412
1,313
12, 670
1,198
12, 507
1, 610
12, 537
1,989
13, 859
1,421
18, 130
810
10, 700
1,094
16, 247
1,132
21,488
1,752
13, 654
1, 795
13, 825
1,198
14, 308
1, 843
17, 303
32.6
51.3
59 8
55.8
46.3
73.0
52.9
71.1
55.3
68.5
55.6
60.3
59.8
55.8
61.6
58.7
61.1
56.7
60.1
53.9
58.8
53.5
57.6
53.5
55.0
54.7
'63.7
'65.9
66.5
70.9
76.9
57.5
36.8
109.3
96 7
32.2
.28
.98
.78
.28
.85
.80
.28
.84
.80
112.9
89.9
24.5
109.3
96.7
32.2
109.1
73.8
37.0
.28
.84
.80
.28
.84
.80
.28
.84
.80
.28
.84
.80
.28
.84
.80
.28
.84
.80
.28
.84
.80
960.6
398 4
209 1
74 0
1, Oil. 5
408.3
205 5
76.0
1,260.4
1, 534. 6
379.1
419.6
507.2
665. 6
456 8
643 3
713 5
152 4
179 7
154.5
210 7
169.5
281 1
6
519 4
167 083
11,910
127 3
13, 869
2
233.9
122.7
212. 3
113.9
274.7
112. 3
271 6
108 9
25.5
11.1
27.1
210.9
25.9
10.3
$perlb__
do
do
1.397
1.286
1.389
1. 249
1.192
1. 156
1.265
1.220
1.225
107.9
107.8
109.0
255 2
267 3
95.9
100. 2
23.2
8.7
14, 839
14, 953
22.6
21.1
9.4
12, 912
13,711
225.6
23.4
23.3
p. 28
p. 84
p. 80
125 0
16, 413
14, 600
13, 958
14 222
12, 745
12, 821
2
29.3
18.9
8.3
21.4
12.5
26 4
16.1
1.350
1.225
1.275
1.375
1.225
1.275
1.375
1.183
1.275
1.395
1. 175
1.275
1.395
1.165
1.275
110.2
109.1
109.7
109.7
109. 1
102. 7
102.7
102.7
102.7
102.7
26.9
7.0
33.0
10.8
23. 1
1.280
1. 235
1.225
1.291
1.229
1.225
1.325
1.225
1.235
109. 6
109.6
110.2
1.275
1.253
1.225
1.275
1. 255 '
1.225
1.279
1.235
1.225
1.280
1.235
1.225
109.0
109.0
109.0
108.4
9.1
2
28.1
29.6
25.7
11.4
24.0
28.1
9.5
8.5
5.8
1.390
1.120
1.275
74.5
61 2
102.4
.28
.84
.80
23 0
21.1
102.4
.28
.84
.80
8.5
21.1
102.4
.28
84
80
23.4
23.8
12.0
102.4
.28
.84
.80
211.3
9.0
7.4
116.6
109. 5
21.7
9.1
210.1
66 8
101.7
123 8
15, 798
9.3
6.8
40.60
1, 108. 8
415.9
193. 5
83.9
3, 545. 4 3,926.2
1, 583. 1 1, 640. 6
852 2
855 8
303 9
283 1
472 4
185, 263
21 2
21.9
8.2
.938
642
.903
2
p Preliminary.
1 Season average.
For 5 weeks, other months, 4 weeks.
Margins thru July 1966 reflect equalization payments to domestic users (Aug. 1964-July
1965, 6.5 cents; Aug. 1965-July
1966,
5.75
cents
per
pound).
* For 11 months; price not
5
6
available for Sept. 1964.
For month shown.
See "O." P- S-21.
° Season average
b
to Apr. 1,1966.
Reflects decrease in the 1966 national average loan rate.
§ Data beginning Aug. 1965 for knitting yarn and May 1966 for weaving yarn are not strictly
2138
18 9
14 7
10 4
1 406
1 635
2 189
120
87
804
18 9
14 7
11 8
1 396
1 572
709
637
123
113
848
2143
27.9
29.5
522
8.3
168
833
116
179
811
29.0
29.6
517
8.2
621. 2
&22.0
118
193
776
29.4
29.7
493
29.9
29.6
190
735
29.5
29.7
98
29.1
29.6
27.9
29.5
28.9
30.0
2
28.5
29.6
26 6
29.5
"28.0
«29.6
447
15
506
8.1
341
39
28.5
29.5
26.6
29.5
370
1
493
142
2
177
6
304
6
2
176
4
236
6
226
3
99
214
1
254
6
117
53
3 795
mil Ib
do
do
do
WOOL MANUFACTURES
Knitting yarn, worsted, 2/20s-50s/56s, American
system, wholesale price
1957-59=100
Woolen and worsted woven goods, exc. felts:
Production (qtrly )
mil lin yd
Suiting, price (wholesale), flannel, men's and
boys', f.o.b. mill
1957-59=400..
r
Revised.
3
5 241
118
i 29. 6
i 30.7
102.4
102. 7
102.7
comparable with earlier prices.
9 Includes data not shown separately.
*New series. Sources: Polyester staple price, U.S. Dept. Labor; wool imports, U.S. Dept.
Agriculture from Bureau of the Census records (such imports exclude animal hairs). Data
are available as follows: Price, back to 1955; noncellulosic yarn and staple—production to
1951; stocks, to 1953; wool imports to 1948.
S-40
SURVEY OF CURRENT BUSINESS
Unless otherwise stated, statistics through 1964
and descriptive notes are shown in the 1965
edition of BUSINESS STATISTICS
1964
1965
1965
Aug.
Annual
October 1966
Sept.
1966
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
18, 230
15, 794
20, 527
Sept.
TEXTILE PRODUCTS—Continued
APPAREL
Hosiery, shipments
_ -thous. doz. pairs. _ 189,534
Men's apparel, cuttings: t
Tailored garments:
Suits
- - thous. units
20, 343
Overcoats and topcoats
do
3 956
Coats (separate), dress and sport. _
_ do
Trousers (separate) , dress and sport
do
Shirts (woven fabrics), dress and sport
thous. doz
Work clothing:
Dungarees and waistband overalls
__ do _
Shirts
do
Women's, misses', juniors' outerwear, cuttings:}:
Coats
thous. units
Dresses
do
Suits
_ __ __
_ _ do __
Blouses, waists, and shirts
Skirts
_ _
thous. doz
...do _
194. 753
17, 105
17, 620
18,764
16, 620
15, 445
15,015
16, 033
18,299
16, 003
15, 491
22,419
4,436
1,858
447
1,897
417
2 059
449
2,021
359
1,731
358
1,766
274
1,787
245
2,123
301
1,848
351
1,812
357
10, 830
128 378
12, 492
139, 009
1,062
11, 937
1,015
12, 476
1.101
12 309
1,138
10 983
1,157
10 461
1, 161
11 295
1,123
11 116
1,290
13 569
26 946
30, 321
2 439
2, 542
2 641
2 735
2 519
2 331
2 406
4.861
3 749
4,867
3,949
410
355
465
322
485
361
409
334
394
339
435
341
436
351
23 708
271, 214
12. 235
25,620
274, 541
11, 736
2 437
21, 932
904
2,350
20, 660
975
2,794
21, 591
1,035
2,637
20, 140
1,003
1 788
19 032
953
2 041
19,810
885
18. 493
7,919
16,869
9,906
1,291
915
1,305
866
1,489
905
1,323
655
1 197
561
1,300
773
r
1,r 858
384
1 084
254
1, 214
12, 763
1,152 '1,139
13, 106 13 446
697
9 756
2 749
2 446
2, 371 '2 341
1 600
485
406
471
369
464
352
487
r
356
378
264
2.353
23. 629
1, 057
1,902
31, 100
1,102
1,539
26, 834
709
1,550
24, 138
722
2 266
22, 790
850
1,852
759
2', 015
781
1,757
872
1,504.
956
1,677
985
TRANSPORTATION EQUIPMENT
AEROSPACE VEHICLES
Orders new (net), qtrly total
mil. $
U S Government
do
Prime contract
-do
Sales (net) receipts or billings Qtrly. total do
U S Government
do
17 970
13 516
16, 282
16 686
12 815
22, 183
14, 571
20,101
17, 016
12, 535
6 091
3, 861
5,572
4,133
3,017
6 292
4,452
5, 599
4 627
3,426
Backlog of orders, end of period 9
_ __do
U S Government
do
Aircraft (complete) and parts
do
Engines (aircraft) and parts.
.do
Missiles, space vehicle systems, engines, propulsion units, and parts
mil. $
Other related operations (conversions, modifications), products, services
mil. $
15, 218
11 658
6,276
1,527
20, 385
13, 696
8,885
2,503
18, 720
12, 669
8,506
1,948
20, 385
13 696
8,885
2,503
4,558
5, 480
4,867
5,480
1,418
1,856
1,681
Aircraft (civilian)* Shipments©
Airframe weight©
Exports
do
thous. Ib
mil. $
1 856
1 066 1 1 592 0
32 200
22 905
287.2
473.0
145 2
2 866
61.1
148.4
2,682
57.9
160 6
3 186
49 5
172 7
3,596
31.7
169.1
3,400
47.0
186 8
3,797
68.8
198.3
4,265
61.8
224.8 T 169 8 148 6
4,809 '3 747 3 106
41.3 r 54 4
31 3
9, 292. 3 11.057.4
8, 931. 5 10 716 6
7, 751. 8 9, 305. 6
7, 554. 1 9 100 7
1, 540. 5 1, 751. 8
1 377 4 1 615 9
444.7
433.9
333.0
330.4
111.7
103 5
592.0 1, 010. 2 1, 058. 1 1, 043. 0
567.4
967.9 1, 015. 6 1,006 7
452.9
855.6
908.5
883.8
438.5
825. 4
878.7
861 3
139. 0
154. 6
149.6
159.2
142 5
136 9
129.0
145 4
950.1
921.1
798.0
780.4
152.1
140.7
917.6 1, 089. 8
889.9 1, 061. 5
766.3
919.8
748.8
902.0
151.3
170.1
141.1 159.5
963.2
935. 5
811.0
793.9
152.3
141. 6
948.8
921.1
787.8
771.2
161.0
149.9
985.9
959.2
818. 6
802.5
167.3
156 7
625.3
605.6
488. 4
480. 0
136.9
125.6
111 2
2,508
17.7
163.6
3,195
47.1
44.6
MOTOR VEHICLES
Factory sales, total.... __ _ _
Domestic _
Passenger cars, total
Domestic
Trucks and buses, total
Domestic
_
Exports:
Passenger cars (new), assembled
Passenger cars (used)
Trucks and buses (new) assembled
Trucks and buses (used)
Truck and bus bodies for assembly*
Imports:
Passenger cars (new), complete units
Passenger cars (used)
Trucks and buses complete units
Shipments, truck trailers:
Complete trailers and chassis
Vans
Trailer bodies chassis sold separately
Registrations:©
New passenger cars
Foreign cars
New commercial cars (trucks)
thous_
do
-do
do
do
do
1.28
87
5 10
57
54
6.87
85
4 75
.46
45
13.16
83
5 58
50
41
15.68
95
4 28
48
68
15 45
1 07
7 95
45
96
10.81
1 21
6 12
.63
.75
9.95
1. 17
6.65
.48
.84
13.29
1 38
7.11
.65
1.44
10.37
1.07
6.08
.65
.87
9.92
1.21
6.36
.56
.95
7 49
1 12
7 27
.70
1.07
5. 70
97
7 83
.57
.84
4.61
1 15
6.41
.51
.52
559 43
8 00
7 go
18 94
.21
13
45.84
.80
46
55.68
1.30
57
59 28
1.04
2 20
54 90
1 39
95
64.63
1.01
2 66
57.14
.46
2 13
77.26
.58
2 68
49.41
.47
1 47
74.06
.57
2.22
80.77
.38
4 06
69.34
.46
4 07
47.53
.20
4 05
103 756
65, 909
14 653
8 752
5,627
1 146
8 649
5,533
1 849
8,760
5,716
2 402
8,363
5,684
2 469
9 062
6,060
2 021
8,503
5,674
1 488
8,489
5,593
1 621
11,546
7,572
2 263
10,968
7,018
975
10, 136 '10,690
6,673 ' 6, 928
1,895 r I 719
7,899
5,214
1 591
8 065 2 9 313 9
569.4
484.1
1 361 8 1 528 9
766 7
54.3
129.7
589.5
51.7
122.6
745.8
52.1
133 1
793.9
47.3
122.5
908.7
57.1
147.7
606 6
37.0
109.2
721.6
48.8
129. 0
878.8
59.7
143.4
822.6
55.6
148.6
777.2
50.6
144.0
752. 5
52.6
137.4
832.7
59.0
151. 0
743.6
58.1
141.6
77, 881
53, 377
?4 504
5,034
3,583
1 451
7,112
6,345
4,883
4,429
1 916 2 229
6,983
4,598
2,385
8,895
6,513
2 382
7,724
5,296
2,428
6,262
4, 550
1,712
8,054
6,009
2,045
7,262
5,689
1,573
7,500
5,473
2,027
7,508
5,307
2,201
6,799
4,820
1,979
8,385
6,251
2,134
7, 821
6,441
1,380
6,429
5,691
738
7,661
5,606
2,055
9,997
5,838
4 159
8,384
5,830
2, 554
12, 566
11, 064
1,502
11,244 «• 12, 212
9,229 r 7,957
2,015
4, 255
'9,510 ' 6, 231 r' 6, 299
' 8, 813 'r 5, 108 4, 551
'697
1,748
I 123
8,401
5, 164
3,237
42, 373 41, 735
30, 291 - 31, 140
12, 082 10,595
42, 736
32, 471
10, 265
45, 266
32, 873
12 393
46, 004
33, 644
12,360
51, 760
39, 878
11, 882
54, 721
42, 905
11,816
59, 652
45, 219
14,433
61, 596
48, 478
13, 118
60,378
48, 341
12, 037
59, 874
48, 082
11, 792
59, 750
46, 861
12, 889
o
3
7
7
14
0
14
0
20
0
20
0
20
0
70
0
70
6
64
6
58
do
do
do
do
do
166
10
146
5
5
do
do
do
515 70
10 89
6 01
number
do
do
86 938
51, 836
7 794
thous
do
do
211.9 2 775. 9
196.3 2
143.8
647. 4
136. 4
68.1 2 128. 5
59.9
31 3105 03
40 1 10 42
83 i s 59 67
92
i 5 77
i 7 29
70
RAILROAD EQUIPMENT
Freight cars (AECI):
Shipments
Equipment manufacturers, total
Railroad shops, domestic
r
r
number
do
do
69 074
45, 360
23 714
New orders
Equipment manufacturers, total
Railroad shops, domestic
do
do
do
71, 072
44,627
26 445
88, 218
65, 547
22 671
8,800
6,187
2,613
Unfilled orders, end of period
Equipment manufacturers, total
Railroad shops, domestic
do
do
do
32, 949
18 972
13, 977
45. 266
32 873
12 393
40, 832
28 209
12 623
do
do
254
191
201
14
13
39
9
30
10
1 481
5.3
1 489
5.8
1,488
5.8
1,487
5.7
1, 488 4 1, 481
5.6
5.3
1,479
5.3
1,480
5.4
1,480
5.0
* 1, 484
^4.9
1,486
5.0
1,487
4.9
1.487
4.9
1,489
5.0
4 gg 20
59. 58
88 09
59. 16
88 20
59.27
88 32
59.38
88 48 44 gg 20
59.45
59. 58
88 30
59.68
88 50
59.78
88 70 4 89 00
59.90 4 59. 97
89 30
60.08
89 57
60.23
89 71
60. 34
90.03
60.48
Passenger cars: Shipments
Unfilled orders end of per
Freight cars (revenue), class 1 railroads (AAR):§
Number owned, end of period
thous
Held for repairs, % of total owned
Capacity (carrying), aggregate, end of period*
mil tons
Average per car
_ _ _ _ ._ . tons.
r
3
4
1 495
5.9
86 96
58.18
4
4
l
2
Revised.
See note "O" for p. S-21.
Preliminary estimate of production.
Beginning Jan. 1965, data exclude exports of incomplete (unassembled) vehicles.
See note "§."
I Monthly revisions for 1963-64 are available upon request,
9 Total includes backlog for nonrelated products and services and basic research.
©Data include military-type planes shipped to foreign governments.
*New series. Monthly data prior to 1965 are available upon request.
OCourtesy of R. L. Polk & Co.; republication prohibited.
§ Excludes railroad-owned private refrigerator cars and private line cars. Effective Apr.
1966, data include cars owned by three class II roads (over 2,600 cars end of Apr. 1966). Also,
change in definition of class I railroads, as stated in 1965 BUSINESS STATISTICS note, is reflected
in figures beginning Dec. 1965, instead of Jan. 1965.
TO
' .
,
SECTIONS.
•
'• .
BUSINESS,STATISTICS9:Pages'Sl-S40;
Earnings, weekly and hourly,
14-16
Eating and drinking places. . , . « . , , , . . , . . .
11,12
Eggs and poultry.
3,7,29
Electric power, . , . . . , . » , . , . . . . , , . . .
4,8,26
Electrical machinery and equipment
3*
5,6,8,13-15,19,22,34
jEmployment estimates, . . . , ,
. . . . . . . . . . . . 12-14
Employment Service activities, . . . , , . , . ,
16
Expenditures, U.S* G o v e r n m e n t . . , , . . . . , , » . . . . .
18
Explosives, . , . , ,
,,
.,...,,,,,,
25
Exports (see also individual commodities)....: 1,2,21-23
Express operations.
23
:
General:
Business indicators.
,„. ' 1-7
Commodity p r i c e s . ; , . , , . . . . . . . ; » , , . . : . , . . . . .
7,8
Construction and real estate, , , - . , . ; , , „•• 9,10
Domestic trade,
. , . . , , . . . . . . . . . . . , » » 10-12
Employment and population. , - ' . . . , , . •> . . .,-V. .12-16
Finance. . . . . . ' . i..-..'.-...,,*-, - . . . . " .
:>; -::'. * . . , »* '16-21 Foreign trade of tlie United $tates...., f . . . . . . 21-23
Transportation and cemmuniteationsi . t , - , , ' , ' , , , 23,24
Industry;
Chemicals and allied products.. . . . . « . . . .;.; . . .
25
Electric power and gas.
26
Food and kindred products; tobacco.,...•.,,.,. 26-30
Leather and products. . . , , . . . , . - ; . . . v . ^ . . , , . , , 30, 31
Lumber and products, . . . . , , , , . . . . , . , , ; . . . . . s 31
Metals and manufactures.. . . . , » ; . . . . . . . . . . . » \32-34
Petroleum, coal* and products.V..,, , . . . . . » , , , 35,36
Pulp, paper, arid paper products...;% , ..... . . .v 3t6, 3*7;
Rubber and rubber p r o d u c t s , . . ; . . . . . . . . ; ; , , . i ; 37
Stone, clay, and glass products;::. . . . . ^ : . . . . .
38
Textile products.-.; v .... ,;, , . . , , . ; , . ; . ! : . . / > * - 38-40
Transportation equipment..,.,.;
40
INDIVIDUAL SERIES
Advertising.,.',,,.
> , . , . . , . 10,11,16
Aerospace v e h i c l e s . . . _ . . • . . . , , , , , . . . . . . , , • . , , , . . , . .
40
Agricultural loans. .
....,.;,..
16
Air carrier operations.
\
.......
23
Aircraft and parts
, . . , . , . , , , , , , ; 3,6, 13-15,40
Alcohol, denatured and ethyl..., . . . : , . . , , . . . . . . , . .
25
Alcoholic beverages.
...,,
. . . 8,10,26
Aluminum, . ' . . ; . . ' . , . . . . • . . . . . . < • . . . * . , * . \ . . , , . . . 23,33
Apparel,
, , * . . . . v 1,3,4,7,8» 10-15,40
Asphalt and tar p r o d u c t s . . / . , : . , . . . » ; » . , ^ . . . ^ , 35,36
Automobiles, etc.. . . . . . . 1,3-8,10,11,13-15,19,22,40
Balance of international payments...... : \ . . . „ ' , . ,
2
Banking.
. . . . . . ; . . , . , . . . 1 v . , , . . ; . . . 16,17
Barley. < . .... .
., .-1.... . , » * , . .,',..'...,, ,. ,,.,.>/- 27 .
Barrels and drums.
, , , . . ,-.- ;,.-.'. . . . ; • ;;
33
Battery shipments,.,;;,,,.,.;...;,...;.."..-!... , . 3 4
Beef and v e a l . . . . . , . , , ' , :
. . . . , . . : . . ;,
28
Beverages. . . , . . . . . , . . . ' , . . ; ' . , . . ; / . . . . . . . . : ; , 4,8,10,26
Blast furnaces, steel works etc.... , , , v , . . . . . . ' 5,6,13-15
Bonds, outstanding, issued, prices., sales, yields..,. 18-20
Brass and bronsee. , - , , , , ; , , . . . . , , . . \ , , / » , . : , , . . . - . , . .
33
Brick,
,i,.;,....;.
38
Broker's balances
-.....;.,
.«,,.,.,..
20
Building and construction materials ; 5,6,8,10,31, 36,38
Building costs
9,10
Building permits. . . ,
•; • • •
•
9
Business incorporations (new), failures
.,
7
Business sales and i n v e n t o r i e s . . . , , . . . . - . , . , , ; . / ;
4,5
Butter.
.,,.,...,,
27
Cans (tinplate)..,.,
.,
.,,33
Carloadings..
.-.24
Cattle and calves
28
Cement and concrete products. . . . . . . . . . . . . . . 8-10,38
Cereal and bakery products
,...,,,...
8
Chain-store sales, firms with 11 or more stores,..
12
Cheese
.
..,,..;..;
27
Chemicals
,
; . . . . . 4-6,8,13-15,19,22, 25
Cigarettes and c i g a r s . . . . . . . . . . . . . . . . . . , , , , , ; . . . 8, 30
Civilian employees, Federal, ; . . . . . . . . . . . . . ^ . , , .
14
Clay products,.
, ; . . . . . . . . . . . . 8,38
Coal
4,8,13-15,22,24,35
Cocoa
. • ; ' . . ; - , » > - , ; . . . , , , . ., V 23,29:
Coffee
. . ; . . , . . . , . 23,29
Coke.
..;...,....
:.,.,::.
24,35
Communications
2,13-15,20,24
Confectionery, sales.
. . , , , » . , , . * . , ; . . . \.
29
Construction:
Contracts.......
,
.'..-.'
'.'.
9
Costs
9,10
Employment hours, earnings, wages,
. - . . „ . ' 13^16
Fixed investment, structures
1
Highways and roads
.;
9,10
Housing starts.
...»,.
9
New construction put in place.,..,.,.. ^ . . . . . .
9
Consumer credit
>
, ,\ . . . . . . . . . . . . 17,18
Consumer e x p e n d i t u r e s . . . . . . . . . . . . . . . . . . . . . . . .
1
Consumer goods output, i n d e x . . . . . . . . . . . . . . . . .
3, 4
Consumer price index
\*
7
Copper.
,
. . . 23,33
Corn.
...,,.....,,,.,
27
Cost of living (see Consumer prices index),«
7
Cotton, raw and manufactures. . . . . :
7,8,22,38,39
Cottonseed cake and meal and oil.
30
Credit, short- and intermediate-term.
, , , , ; > , 17,18
Crops.
....,,,
, , , 3,7,27,28,30,38
Crude oil and natural g a s . . . . . . . . . . . . . . . . . 4,13-15,35
Currency in circulation.
......
19
Dairy products..
3,7,27
Debits, bank
,
16
Debt, U.S. Government.
-....,»,.
18
Department stores
11,12,17
Deposits, bank
; , ; . , , . . 16,17,19
Disputes, industrial. . ,
. . . ,V. ... i . . . .
16
Distilled s p i r i t s . . . . . , , , , , . . . . . , , . . ; . . . , . , ; . . . ,
26
Dividend payments, rates, and yields... . . ; , 2,3,18-21
Drug stores, sales
. . . , „ , , . . , , , , , , , , , , , , . , , 11,12
Failures, industrial and commercial.,
7
Fans and blowers..»-;». , .
,,. ..
34
Farm income, marketings, and prices
*
2,3,7
Farm wages.
.».,,.
16
Fats and oils,.......,
8,22,29,30
Federal (Government
finance,
18
Federal Reserve banks, condition of
16
Federal Reserve member banks.,
..,,..»,.,
17
Fertilizers. . , , . . . . . , . . . ; . . . . . . . . . , . . , . . , . . . . ; , 8,25
Fire losses;
,.,.......,,;......1
10
Fisli oils and fish. v. * * . -\ - , v . , . . . . . . . . . , . . , . , ,
29
, . Flooring,':hardwood ; -. \ .-,'; .='.''., .^ \ " , . - . . . I,.-.''. ..':-..*-,' , 31
Flour, ^heat.. . . ., .x'.-/';„ *.. , V i . . . . ^ u , , . , , . , . . , ^28
Fopd product^ , ; , 1,4-8,10,11,13-15,19,22,23,27-30
' '
'
'
'
Foreign trade (see>aljfo individual, commod,;). .. . .;21-23
;
'Freight carloadings. >'\ * v>, v . , . ,s . . . . , : ' . , . . , . , , .
- - - ;24 s,
Freight c&rs (equipment),.,,,.,. i . « » , » •
4,40
Fruits arid vegetables, . . . . ;
7,8,22
Fuel o i l . . . , , , , , , . . ; ,;
35,36
Fuels . , , . . . . . ; . , . ' . , , , , , . : . , . . , . . . , , , 4,7,8,22,35, 36
Furnaces. . . . . '.'.. . . ..
—
34
Furniture,... ;
3,4,8,11-15,17
-Furs.....
'...
'.,. -
- . . : . . '.
-.,'.,
23
Gas, output, prices, sales, revenues.,, 4,8,26
G a s p l i n e , . . , , . . . . , , . . . , . . . . . . , . . . , . . . . . . . . , 1,35,36
Glass and products.
38
Glycerin....;.,...;...
25
Gold..,.
,,...,...,,..,...,..,.,,,.,..,.
19
Grains and products, . ' . . - , , . , . , . . , . . . , 7,8,22,24,27,28
Grocery stores. ., . . , . , . . , . , . , . . . . ' , . . . . . . . ; , . . . 11,12
Grtiss national product. . . . . . . . , ,
1
Gross private domestic i n v e s t m e n t . . . . . . . . . . . . . .
; 1
Gypsum and p r o d u c t ^ . . - , , . . . . . . . , , , ; . . . . , . . . ! . 8,38
Hardware stores. > , . , . . . , * . . , , . . . . . , , . . . . , . , . .
ll"
Heating equipment. . , . . . . . . . . . , ; . . . . . * . . . . . . , 8,34
Hides and skins, . . . , . .
8,30
T .
Highways and r o a d s . . : . . . . . .
9,10
Hogs,...........;,.
,,.,..,,..
28
Home Loan banks, outstanding advances, . . . . . . .
10
Home mortgages.
10
Hosiery.
-...-..'
40
Hotels......,,,
,-,
14,15,24
Hours of work per week
,,,
14
Housefurnishings
. , , . . , , . , . . . , , , 1,4,7, 8,10-12
Household appliances and radios. . . . . . . - . . . . 4,8,11, 34
Housing starts and permits. .
9
Imports (see also individual commodities), . . . . 1,22,23
Income, personal. . , . . . , . , . . . . . . , . . . . . . , . . , . , . , . 2,3
trieoriae and employritent tax receipts.-,-. , , . , , . . , . <
18
Industrial production indexes:
', ,By industry.-,,,,.„. /.'.'.;,.'. . ' , ; ' . . ' . . . . , ' . . . , . . . . ' . , , 3,4 B^ market grouping. . . . . . ; . ' V » . - . . .\ . . . . . . . . . j .,' 3,4
Installment credit, , . . , . , , . . . . . . , . . . : . . . \ 12,17,18
Installment sales, department stores». . . . . . . . . . .
12
Instruments and related products. , , . . . . . . . 3,5,13-15
Insurance, life.
.,
. 18,19
Interest and money rates.
,..;.....,....
17
Inventories, manufacturers* arid trade,
4-6,11,12
Inventory-sales ratios,
v
5
Iron arid steel. . . . . 3, 5,6,8,10,13-15,19,22, 23,32,33
National defense expenditures., ; .
, . . . . . . 1»1$
National income and product. * . , . . , , , . . . . . , , , .
1,2
National parks, v i s i t s . . . , , . , . » , . . . . . : . . . , . . . .
24
ISfewsprint
..,...;..+
. - . ; . , . , , . . . , . . . , . 23,37
New York Stock Exchange, selected data,. . , , , . .20,21
Nonferrous metals......,,.
. . . . . 3,8,19,23,33,34
Noninstallment credit, . . . .
..,
, 17,18
Oats....
....,,,
27
Oil burners. , . . , , . . ; . .
,.,
34
Oils and fats.
8,22,29,30
Orders, new and unfilled, manufactures*.........
6
Ordnance
...,,....,
;;.,
, , . . , 13-15
Paint and paint materials.....,,..,. v . . . . .
.>. 8,25
Panama Canal traffic. V . . . . . . , : . . . ; . , . . V; I . . . , .
24
Paper and products and pulp, . ; . . . . , . . % . - . . , ; . ,
3\
5,6,8,13-15,19*23,36,37
Parity ratio,
..... i,..,,....;.:,.'- • - 7
Passports issued. . . . . . . , , , . . . . , , . . . , . ! , , , . . . . .
24
Payrolls, indexes,
14
Personal consumption expenditures. * , , , , . . . . ,
1
Personal income,,
.... . . . , . . ,
2,3
Personal o u t l a y s . , . . , . . , . . . . 1 . . . . . ,
2
Petroleum and products. . . . . , . ,
4-6,
8,11,13-15,19*22,23,35,36
Pig i r o n , - . , ' . . . . , / . , , , , , , , , ..,',„ ...-,..-,;,. 1 . . , ' ; . . . . - . ' . , 32
Plant and equipment expenditures.. - V ; ; ; . . . . , , . , 2,20
Plastics and resin materials..,,,,:....;...'-;,.. ^
25
-Population,:... , - „ . - . . . ; .\ 1; v ; ; \ . . . . . . " . . . . - ; - » . . , , ;v:'" '- 12
Pork....-;.,-,,....... ,\,...; f > .».-,:.-; /;',,. /;;.-,.-.'.;-„' -\ 28
Postal savings,;..'-.,".;.;,.- .•'.';;;;.;,..-...c".:,-,.-;.
v i.J'* ' -iV IT',,:
Poultry and;eggs-.,. ;,, ,",;,,-,,. /.,'i'-,;,,^ , .^, ,„',,...'!.!.';:-.;;' 3^T,-^9^
Prices (see also individual coinmbdities) ,> . ^ , ; . . . T,8
Printing and publishing.. , t . ; , . .. / , , , . . . . . . . ,4,13-^15
Profits, corporate. . , , . , , , . ; ? . i i f.' *-.,. , . . . 2,1$
Public utiuties.,.. ; ,;.:....:.,. 2-4,7-9,ia-i5; 19-21
Pullman Company......;., . . . . . . , . . , . . . . . - , . ,
24
Pulp and p u l p w o o d . . . . , . . . . , ^ . . , < _ . , . ^ . . . , . ,
36
Purchasing power of the dollar,.; i . . , . . . . , . , . . .
8
Radiators and c o n v e c t o r s , . . . . . ; . . . ; . . , , . . ; . . . .
34
Radio and television....,
v . . 4,8,10,11,34
Railroads .
. . . . . . , . , : . . , 2,13,14,16,20,21,24,40
Railways (local) and bus l i n e s . . . . . . . . . ;. . . . . 13-15,23
Rayon and acetate. , . .
39
Real estate. . ; ; , . . , , , . , . ; , . /.., . . . . . . . .\ , « 10,17,18
Receipts, U.S. Government.... V;. : .:;. . , . . . ^ , . . . .
18
Recreation'.':.-'/. /..'. ,,.;.-,.:,'.'..../. .-,;,., . ; . , . . . . . .v, „',- " ' s 7'
Refrigerators arid home freezers, . , . . . . . . . . . . . . .
34
• Rent ''(housing)...-.. .';Y,W.-1..,.'; , .-. ,*,'.;',",.,-/, , .;.,
Retail t r a d e , . , . . , , , , , , . , / . . : . . . , 4,5,7,11-15. 17,18
' Rice- ' , , . . . . - . -. .• . - , -, ,- , , . % r , ,
Roofing arid siding, a s p h a l t . , . . , , . , .
'i'/.'.:.:p ; ,,3;6'Rubber and products (iriell plastics).
8v 13^15,23,37
2
Saving, personal ...... ; . . . . .;! . . . . . . . . . . . . . . . .
Savings deposits ..... " ; . . , » ; . - . , , . i v . . , , , , . . . , , . , . ^
17
Securities issued, , . ..... . . . . ; . . . . . , . ..... ; , ; . . . 19,20
Security markets. . , , , ..... . . . . . ; . . . . . . . . , i . ; . . 20,21
, Services. . .\. . . , ........ •,,.-.;..,,.; '.^____'.;.., :1,,7, 13-1$
Sheep and Iambs. . . . , . , s . . . . . . . , . . . . ; , , ; . . . ^ , ,
28
Shoes and other footwear, . . . . . ..... . ; ___ . 8, 11, 12,31
^Silver.,,;. . -.-.-, ., . :..\ ,„ .'.-,, ;.;./;. . :;., ..,.-:'; ... , . . > . >
19
30
Soybean cake and meal and oil. , . . . > . . . . : . , . . ; .
39
Spindle activity, cotton . . . . V- ,'• r - - * » « ' . . . . . ; . .
Steel-ingots and iSteel manufactures. , . . . . . . . .x. . ; 32,33
32
Steel scrap. ,v\ i >;;.',-. ,v.\ .-: .". /.' ; .,.-, ..... v , . . ,'l -, '. .
Stock prices? earriings, sales, etc, . , ; ; , . . , ) . , . ; . . . 20,21
Stonte, clay; gla^s products. ,. . . . , , , 3-5,8, 13-15, 19,38 V
Stoves'.arid,
,-. , '.- s.'- 34
" ranges-,:.
''
"'.'-, v.'V /.--.
' .„. . ,\ .-'. V,; »-,-*-.
'
23,29
.
.,. .
' , -25'
- Sulfuric acid, -. . .
25
- Superphosphate.
v "25Tea-importsV-:,. ; ,,-.-.'....,;,.,,,.. c;\;: v,,.. ,Y>0 -,• '• '' , ;29;
Telephone, telegraph, cable, arid radiotelegraph
% - ; c a r r i e r s . . , . : . . ; . . ' . . . . . ' . - / . ' . . ' ; . . : - . ; ; . , , . ' . , ; . , , , '13-15,24 ,
Television arid radio, . . , , . . . . . . : . . , .. . ,4,8,10,11,34
Textiles arid products. . . . . 3,5,6,8,13-15,19,22,38-40
Labor advertising index, disputes, turnover.
16
12
Labor f o r c e . . . . . . . . . . . * . . . . . . . . . . . . . . . . .
28
Lamb and mutton,., . , . . , , , . . . . . , , : , . . . . .
28
Lard
:
.;..,.
_. _
_
,
^
-33
Lead.
Leather and products. . . , . . : . . . . ; . . . 3,8,13-15,30,31
Life insurance.. , . . . . . , , , . * .
18,19
Linseed oil.,....,,... 1 . . . . . . . v
,.
30
Livestock...,.;
: , . , . . : V . - . . / , . . 3,7,8,24,28
Loans, real estate, agricultural, bank, brokers*
(see also Consumer credit). , . . . , . ,
. 10,16* 17,20
Lubricants.
, s . , . ; . . . , , . , . . . . , , . . . V . . . . 35,,36
Lumber and products
3,8,10-15,19,31
; Tin;.,;,...... v. .\ ;,;,;•..-...;.,:...., ,V.\...:, ,v -23,-33 ,
Machine toools
:.. .
34
Machinery
3,5,6* 8,13-15,19,22,34
Mail order houses, sales. . . . . . . . —
11
Manmade fibers and m a n u f a c t u r e s . . , . . . . , , , , . . . 8,39
Manufacturers* sales (or shipments), inventories,
orders. „ , , . » . . . *
,..-..,-,,
4*6^
Manufacturing employment, production workers,
payrolls, hours, earnings.
,
, 13-15
Manufacturing production indexes
V,
3,4
Margarine
29
Meat animals and meats, . ,
3,7,8,22,28
Medical and personal care. «
7
Metals
3-6,8,13-15,19,23,32-34
Milk...:....., ;.-:,
,
27
Mining and minerals,
2-4,8,13-15,19,20
Monetary statistics. . . , , , . . . . , . . . . . , , .
19
Money s u p p l y . , , , , . , , , » . , , , , , , , . , . . , . . ; . , . . . .
19
Mortgage applications, loans, rates, , . . ,
10,16,17
Motor carriers,
,;,....1.........
. 23,24
Motor v e h i c l e s . . . . , , . . . . 1,3*8,10,11,13-15,19,22,40
Motors and generators, . . . ; . . . . . . . , . , , . , . . . . , ,
34
Utilities . , . , . . , . . ; . ... + , . . . . . 2-4,9,13-15,19-21,26
Tires and inner tubes.
. . . . . . . . . . . . . 8,11,12, 37
Tobacco arid manufactures. . . . . . . 4-8,10,13-15,22,30
Tractors,., . . . . . ,
, . , : . . . _ . . . . < ; 22,34
Trade (retail and whoelsale).
. . . . ... 4,5,11,12
Transit lines,local. . ; . . . . . : . . *,-.-. . . . , . . . . . . 14,15,23
Transportation.. ; . . . . .
. . . . . . . 1,2,7,13-15,23,24
Transportation equipment. . . ; . . , . . . . 34-6^ 13-15^ 19,40
- T r a v e l , / , , . . . . , . . , . ,:. \; . , ; . , : . , ; - . ; . :. , ; . ; . , , ^!,. . V . 23,24Truck trailers.-..,„. .v,.;.-. v-..,. ^, :.'. v-.'.'-,-,';;.'
;. - 40 •
Tracks (industrial and o t h e r ) . . . . , , . . . . . . . . \ . .... 34,40
TJnemploymerit and insurance, . . . . . . . . . . . . . . . , . 12,16
TJ.S. Government b o n d s . , . . . : . . . , , , . . . . . . . . 16-18,20
U»S» Goyernment finance, ., » . . » . , . , . . . L
, s
18
Vacuum cleaners
i\ .-,,. „
,....;.
34
Variety stores. !
. . . . . . . . . , . . . ; . . . . . ; . . . . . 11,12
Vegetable oils, i'
30
; . . .: . . , . . . . . , . . . ; ... . ...
Vegetables and f r u i t s , . . . . . . , . , . . . . ' . . I . ' , ' - : - . . ; . 7,8,22
Vessels cleared in foreign trade. . . . . . . t
24
Veterans* benefits. . . , . . . /. . . . . . . . , . » , . . . . . . . . . 16,18
Wages and salaries,,.. . . .,
; , , , , . , , . ; .2,3,14-16
Washers and driers. .
i ..,...,,
34
Water heaters,
...
...
34
Waterway traffic
......:
24
Wheat and wheat flour. /
......
.,,.....
28
Wholesale price indexes.
8
Wholesale trade...,..,,,
> , , . , . , . . 4,5,7,13-15
Wood pulp. . .
;
,
36
Wool and wool manufactures , . . . . . . . . . . . . . . . 8,23,39
Zinc!; . /';.-., \\ /..,,,',,,. ;.;..-,;'..,,,,,,.;:....,.. 33,34 ,
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