Full text of Survey of Current Business : September 1964
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SEPTEMBER 1964
survey of
CURRENT
BUSINESS
U.S. DEPARTMENT OF COMMERCE
OFFICE OF BUSINESS ECONOMICS
SURVEY OF CURRENT BUSINESS
VOL. 44, NO. 9
SEPTEMBER 1964
U.S. Department of Commerce
Luther H. Hodges
Secretary
Richard H. Holton
Assistant Secretary for
Economic Affairs
Office of Business Economics
George Jaszi
Director
Contents
THE BUSINESS SITUATION
Louis J. Paradiso—M. H. Schwartz
Associate Directors
PAGE
Summary
1
Capital Investment Continues Strong Rise
3
Murray F. Foss
Editor
K. Celeste Stokes
Billy Jo Hur
Statistics Editor
Graphics
Manufacturers Expect Higher Inventories and Sales in Second
Half of 1964
STAFF COiNTRIBUTORS
TO THIS ISSUE
6
Business Review and Features:
David R. Hull, Jr.
Genevieve B. Wimsatt and Staff
Marie P. Hertzberg and Staff
Jack J. Gottsegen
Walther Lederer
Marie T. Bradshaw
Max Lechter
The Balance of Payments During the Second Quarter of
1964
7
National Income and Corporate Profits
....««,,«,
GNP by Major Industries, 1963
18
19
ARTICLE
Patterns of Output Growth
Article:
Francis L. Hirt
21
REVISED STATISTICAL SERIES
Manufacturing and Trade Total and Retail Inventories.....
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28
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MONTHLY BUSINESS STATISTICS
General
Industry
S1-S24
....
Subject Index
S24-S40
Inside Back Cover
U.S. DEPARTMENT OF COMMERCE FIELD OFFICES
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riv
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By the Office of Business Economics
uctuon
J_j CONOMIC conditions continue to
improve and businessmen continue to
view prospects in a favorable light.
The improvement in activity and purchasing power during August was evident in further increases in retail trade,
personal income, and industrial production. Expectations of improved
business were apparent in the latest
quarterly survey of plant and equipment expenditures, which is reported
on page 3. The August survey showed
not only higher investment outlays for
the third and fourth quarters but also
a small upward revision in spending
programs. Manufacturing companies,
moreover, anticipate a moderate stepup in inventory accumulation during
the second half, as well as some further
increase in their sales.
Corporate profits up
Business decisions to undertake new
investment have been influenced by the
sustained rise in corporate earnings.
The most recent figures for the second
quarter show that corporate profits before taxes, including the inventory
valuation adjustment, rose $1% billion
to reach a record $58 billion.
By industry, the second quarter increase centered in nondurable goods
manufacturing, mainly in the petroleum, printing, textile, and tobacco
industries. Among durable goods manufacturers, substantial gains over the
preceding quarter were scored by producers of motor vehicles and other
transportation equipment, primary
metals, and electrical machinery.
These were partially offset by small
declines in lumber, fabricated metals,
the stone, clay, and glass group, and
furniture and fixtures.
Revised second quarter data on
profits and national income appear on
page 18.
Personal income higher
Personal income rose in August to a
record $494 billion rate, an increase of
$2% billion over the revised July total.
More than $2 billion of the increase was
With strong increases programed for the
second half, outlays this year are expected to
exceed $44 billion, $5 billion more than 1963
Billion $
50
ALL BUSINESS
40
30
20
10
20
u_ MANUFACTURING -
10
20
- COMMUNICATIONS AND COMMERCIAL-
10
J I
20
PUBLIC UTILITIES RAILROADS AND
OTHER TRANSPORTATION
in wages and salaries, almost half of it
in government payrolls. Federal workers received larger paychecks last month
because of a pay raise, the effect of
which was accentuated by the payment
of retroactive increases to July 1, the
start of the new fiscal year. Private
wages and salaries moved moderately
higher, mainly as a result of some rise,
after seasonal allowance, in average
hours per week and in rates of pay.
Employment in nonfarm establishments seemed to show little improvement in August. Although the unadjusted rise over July was 240,000,
the seasonally adjusted gain was only
15,000, by far the smallest of the year,
and attributable almost wholly to increased State and local government
employment. In the private sector a
drop in manufacturing of about 50,000
was offset by a similar increase in nonmanufacturing. Much of the adjusted
decline in manufacturing last month
was in the auto industry, which closed
down for model changeovers at an
earlier-than-normal date. Because seasonal adjustments are especially hard
to make in the summer months,
a clearer assessment of employment
changes must await developments in
the autumn.
In August the seasonally adjusted
unemployment rate edged up to 5.1
percent, the same as the average from
May through July. Monthly movements in the rate are erratic; over the
year as a whole there has been a clear
improvement in the unemployment
situation.
Retail sales high
1
1957 58
59
60
61
62
63
64
Annual Totals
1
,
,
,
1963
1
,
,
,
64
Quarterly
Seasonally Adjusted
at Annual Rates
nticipated
U.S. Department of Commerce, Office of Business Economics
Data: QBE - SEC
Consumer spending has been buoyant
all year, and especially in the past few
months. According to the advance
report for August, retail sales were up
almost 1 percent over July, with most
1
SURVEY OF CURRENT BUSINESS
of the gain attributable to automobiles.
With August retail sales nearly 2 percent above the average for the second
quarter, it is expected that third
quarter consumption expenditures will
show a substantial increase.
Dealer sales of new automobiles were
exceptionally high in August. The
570,000 domestically produced units
that were sold represented a seasonally
adjusted annual rate of about 8K
million, as compared with a rate of
some 7K million in July. The August
Wholesale prices little changed
Extensions have exceeded repayments
I or three \ears . . .
Billion
18
NET CHANGE
Illllli, .nil
_1
i
1959
I
1960
I
1961
I
1962
I
1963
1964
Hut have shown little change relative
to income since 1962
Percent of Disposable Income
18
NET CHANGE
Him•- •••••••••••
-2
. . > i I . ' > I < ' > I ' > > I > i i I i i i
1959
1960 1961 1962 1963 1964
Seasonally Adjusted
Data: QBE - FRB
U.S. Department of Commerce, Office of Business Economics
performance undoubtedly was a reaction to the trucking strike, which
lasted 4 weeks, from late June to late
July. A combination of June, July,
and August would yield a rate of about
7% million units, not much different
from the first and second quarter rates.
At the end of August, dealers held
more than 850,000 cars in inventory, of
which somewhat less than 700,000 were
1964 models. Throughout the summer
auto inventories have been high as a
matter of policy on the part of producers. Late in the model years of
1962 and 1963, sales were held down
by low stocks.
64-9-2
The continued rise in business activity has had little effect on overall
industrial prices this summer. The
August index of wholesale prices of
commodities other than farm and food
products was unchanged over the
month, and from the second quarter
average. Mainly because of lower
prices for farm products, the total
index fell fractionally in August to a
level slightly above the April-June
average.
Among industrial prices, changes
from July to August were again mixed.
Gasoline, lumber, and automotive product prices fell, but quotations were
higher for beverages, hides, metals,
textiles, and nonmetallic mineral products. There w^as a sharp rise in the
iron and steel group. Steel scrap prices
increased on the average but were lower
toward the end of the month; basic
steel mill product prices continued
about unchanged. Higher quotations
for primary lead, certain fabricated
copper products, and nonferrous scrap
were responsible for another large
advance in the nonferrous metals, which
are now 6 percent above year-ago levels.
Consumer prices up slightly
The consumer price index rose 0.3
percent in July mainly because of
larger-than-seasonal gains in the prices
of meat, fruits, and vegetables. The
July index was somewhat more than 1
percent above its year-ago level—an
annual rate of increase about in line
with advances over the past few years.
Retail prices of beef and pork showed
their largest increases of the year in
September 1964
July, reflecting the stronger tone in
wholesale markets for cattle and hogs.
Despite the rise, meat prices are still
below the level of early 1964, if seasonal
factors are taken into account, and
are also under year-ago figures. The
recent ir creases may be temporary
since overall supplies at the farm level
are comparatively high relative to
demand at current prices.
Price changes of items other than
food were mixed from June to July,
but were unchanged on balance, and
have continued so since last autumn.
Apparel and fuel costs declined a bit
over the month, new car and household
durable goods prices held steady, and
service costs continued to edge up.
Expansion in consumer credit
Consumer purchasing this year continues to be bolstered by extensive use
of consumer credit. Net additions to
credit—installment and noninstallment—averaged close to $600 million
per month in the first quarter and $580
million in the second quarter, after
seasonal adjustment. During July the
net increase totaled $675 million. Over
the first 7 months of the year, net additions have exceeded an annual rate of
$7 billion, as compared with the $6%
billion record in 1963.
Installment debt, which accounts for
about three-fourths of total consumer
credit outstanding, increased sharply
during the first quarter, particularly in
February, when retail sales spurted.
Apparently consumers took on new
commitments with the expectation that
the passage of the tax-cut bill would
ease the repayment burden of the new
debt. Second quarter gains in installment credit were more moderate, well
below the first quarter average; additions to noninstallment debt, however,
were at a very high rate.
A comparison with the flow of income
provides a rough measure for gaging
credit use. In these terms credit use
does not appear to be abnormally high
in the recent period. For example, at
the end of June 1964, installment credit
outstanding amounted to 13 percent of
disposable personal income. Although
this ratio is historically high, its rise
over the past year is about in line with
the long-term trend over the past
(Continued on page 20)
SURVEY OF CURRENT BUSINESS
September 1964
Manufacturing programs buoyant
Capital Investment Continues Strong Rise
BUSINESSMEN expect to increase
their expenditures for new plant and
equipment throughout the second half
of 1964, according to the survey of
investment intentions conducted during August by the Department of
Commerce and the Securities and Exchange Commission. After increasing
in the second quarter capital outlays
are expected to rise about $1 billion in
the third quarter and another $1%
billion in the fourth quarter, to reach a
seasonally adjusted annual rate above
$46 billion.
The $43K billion rate actually spent
for new plant and equipment during
the spring quarter exceeded outlays
anticipated in the survey taken 3
months ago. Current anticipations for
the second half also represent an upward
revision. Expected expenditures for
the full year 1964 would total $44.2
billion, a $5 billion or 13 percent
advance over 1963. Three months
ago the projected annual increase was
12 percent and in the February survey
it was 10 percent.
While most lines of business have
Table 1.—Carryover of Plant and Equipment Projects, Manufacturing and Public
Utilities l
[Billions of dollars]
1962
1963
g fe €S3
<D r£2
Q
%
pi
o ^£
rt
3
Hs
1964
8&
I" ar
A
§
o>
C
3
Hs
End of period
Manufacturing 2
Durable goods
Primary metals
Electrical machinery.
Machinery excluding; electrical ._
Transportation
equipment
Stone, clay and glass.
7.21 8.61 9.00
3.99 4.84 5.15
1.66 1.97 2.08
.33 .37 .36
Nondurable goods 2
Food and beverage__
Textile
Paper.
Chemical
Petroleum
Public utilities
3.23 3.78 3.85 3.94 4.03
.34 .42 .41 .36 .41
. 17 .16 . 15 . 14 .20
.36 .52 .56 .61 .59
1 n? 1 01 1 01 1 11 1 03
1.02 1.32 1.40 1.41 1.5)
5.07 6. 13 6.40 5.58 5.46
9.18
5.25
2 27
.33
9.08 10.38 11.26
5.05 5.61 5.95
2 23 2.30 2.56
.32 .33 .37
.25 .56 .48 .40 .31
.53
.48
.87 1.10 1.40 1.37 1.36 1.48 1.63
.31 .32 .30 .32 .29 .33 .38
4.78
.42
.26
.61
1 26
1.9J
6.20
5.31
.40
.28
.78
1.39
2.10
6. 17
1. Carryover refers to expenditures yet to be incurred on
plant and equipment projects already underway.
2. Includes industries not shown separately.
Sources: U.S. Department of Commerce, Office of Business
Economics, and Securities and Exchange Commission.
raised their investment programs in
recent months, the largest relative
revisions have been made by railroads
and other transportation firms. Manufacturers of nondurable goods have
reduced their planned expenditures
from schedules reported in the previous
survey. (See chart.)
Outlays up three-eighths since trough
If current plans are carried out,
capital expenditures in the closing
quarter of 1964 will have risen 38
percent over the 14-quarter interval
since the spring of 1961. Though the
overall increase is substantial, the pace
of the investment rise in this period of
general expansion has been comparatively moderate. In the 10 quarters
from early 1955 to the third quarter of
1957, for example, current dollar plant
and equipment expenditures rose 47
percent. That upsurge, unlike the
present one, was marked by strong
pressures on capital goods prices. And
even though 1964 capital outlays are
setting a new record, they still constitute (after price correction) only 6.8
percent of GNP, as against 7.8 percent
in 1957.
Business developments in recent
months have been particularly favorable to capital investment. A record
flow of before-tax profits has bolstered
business confidence. Enlarged internal
sources, boosted by rising depreciation
allowances and lower tax rates, have
provided business with new funds to
finance additional investment. Risingsales and output have undoubtedly
raised capacity utilization in many
areas, though the relative stability in
overall wholesale industrial prices suggests the existence of a margin of
capacity over current production requirements. Businessmen continue to
be alert to the need to modernize their
equipment in order to maintain and
improve their competitive position in
domestic and foreign markets.
Manufacturing investment continues
to be strong, accounting for $3 billion
of the $5 billion total increase over
1963.
The trend through the year is
steadily upward, to a record $19
billion rate in the fourth quarter.
Projected capital expenditures for the
second half exceed first half actual
outlays by 7 percent.
According to current programs the
rising trend in expenditures for the
remainder of the year extends to both
durable and nondurable goods industries. Within the durable goods group
the best advances within 1964 are reported by the nonelectrical machinery
and the motor vehicle industries. Iron
As reported:
| August
May
I February
Percent Change, 1964 Over 1963
-5
0
10
20
30
40
50
ALL BUSINESS
Railroads
Transportation
Other Than Rail
Durable Goods Industries
Manufacturing
Nondurable Goods Industries
Communications,
Commercial & Other
Mining
Public Utilities
Data: QBE - SEC
U.S. Department of Commerce, Office of Business Economics
64-9-3
SURVEY OF CURRENT BUSINESS
and steel producers' investment is programed to increase more than onefourth this year, with a fairly steady
quarterly pattern of spending. Both
electrical machinery and nonautomotive
transportation equipment producers are
reducing capital expenditures this year
as compared with 1963.
The downward revision in the investment programs of the nondurable goods
producers from plans of 3 months ago
has centered in the petroleum and
textile industries. Still, current schedules call for increases of about onesixth over 1963 outlays. Chemical
and paper firms have revised upward
current year outlays with sizable increases programed for the second half.
Manufacturers' carryover of uncompleted projects rises
The increase in manufacturing investment programs is apparent in the latest
data on the backlog of uncompleted
projects.
Manufacturers estimated
that as of the end of June, $11% billion
remained to be spent on investment
projects already underway. This total
represented an increase of $2% billion
over the corresponding total as of June
1963; the March-to-March increase was
$1% billion. The June 1964 carryover
was 60 percent of expenditures expected
for the second half of the year, as
compared with a corresponding ratio
of 56 percent a year ago.
Of the $2% billion rise in cany over
from June 1963, about two-thirds was
accounted for by the nondurable goods
industries and one-third by durable
goods producers. All of the nondurable
goods groups, except food, reported
substantial increases over the year in
the amounts yet to be expended on
projects already underway. Within the
durable goods group the bulk of the
rise in carryover was accounted for by
iron and steel producers.
Estimates of the value of new projects started during a quarter may be
derived by adding the change in carryover over the quarter to expenditures
during the quarter. "Starts" rose from
September 1964
Table 2.—Starts of New Plant and Equipment Projects Manufacturing and Public
Utilities x
[Billions of dollars]
Quarterly, unadjusted
19 64
1963
I
II
III
IV
I
4.68 4.30 4.13 4.42 5.10
2.47 2.27 2.06 2.12 2,48
.63 .51 .64 .46 .50
.20 .17 .14 .18 .16
Manufacturing 2
Durable goods
Primary metals
Electrical machinery.
Machinery excluding
electrical
Transportation equipment
-_
_ _ Stone, clay and glass 2
Nondurable goods
Food and beverage. __
Textile
Paper
Chemical
Petroleum _ __ _ __
Public utilities
II
5.41
2.65
. 77
.20
.59
.22
.21
.30
.55
.36
.55
.14
.70
.14.
.39
.17
.45
.14
.49
.19
.63
.22
2.20 2.03 2 07 2.30 2.61
.30 .25
20 .29 .26
.14 .17.
14 .23 .20
.30 .21
24 .20 .19
.34 .39
49 .38 .59
.89 .78
77 .96 1.10
2.10 1.67
78 1.48 1.92
2.76
.24
.19
.40
.60
1.03
1.54
1. Starts are estimated by adding changes in carryover to
expenditures during the given period.
2. Includes industries not shown separately.
Sources: U.S. Department of Commerce, Office of Business Economics, and Securities and Exchange Commission.
the first to the second quarter this year,
whereas they declined in the corresponding period of 1963. This overall
pattern characterized both the durable
and nondurable goods groups.
Table 3.—Expenditures for New Plant and Equipment by U.S. Business,1 1962-64
[Billions of dollars]
Quarterly, seasonally adjusted at annual rates
Quarterly, unadjusted
Annual
1962
1962 1963 19642
I
II
III
IV
I
II
III
IV
I
II
III 2
IV 2
I
II
III
1964
1963
1962
1964
1963
IV
I
II
III
IV
I
II
III 2
IV 2
ALL INDUSTRIES
37.31 39.22 44.21 8.02 9.50 9.62 10.18 8.25 9.74 10.14 11.09 9.40 11.11 11.28 12.43 35.70 36.95 38.35 37.95 36.95 38.05 40.00 41.20 42.55 43.50 44.55 46.15
Manufacturing industries _ _ _ _
14.68 15.69 18.27 3.14 3.69 3.72 4.13 3.27 3.92 3.95 4.56 3.79 4.53 4.64 5.30 14.20 14.45 15.05 15.00 14.85 15.30 15.95 16.45 17.40 17.80
18.70 19.05
7.03 7.85
1.10 1.24
.31 .41
9.19 1.44 1.77 1.79 2.03 1.62 1.96 1.96 2.31 1.93 2.30 2.31 2.66 6.55 6.95 7.25 7.30 7.35 7.65 8.00 8.30 8.85 9.00
1.59 .22 .28 .29 .31 .23 .30 .33 .39 .34 .40 .40 .46 1.00 1.10 1.20 1. 10 1.05 1. 15 1.30 1.40 1.60 1.60
.46 .06 .07 .08 .10 .09 .10 .12 .11 .09 .11 .12 .14 .25 .30 .30 .35 .40 .40 .45 .40 .40 .45
9.35 9.50
1.55 1.60
.50 .50
.70 .70
1.50 1.60
1.50 1.50
Durable goods industries
Primary iron and steel
Primary nonferrous metal
Electrical machinery and equipment
Machinery, except electrical
Motor vehicles and parts
Transportation equipment, excluding motor vehicles
Stone, clay and glass3
Other durable goods _
.68 .69
1.27 1.24
.83 1.06
.67 .14 .16 .17
1.53 .27 .33 .32
1.41 .17 .22 .22
.21 .15 .18
.35 .27 .30
.22 .19 .28
.16
.28
.29
.20 .14
.39 .33
.30 .25
.16
.40
.37
.17
.35
.39
.20 .70 .65 .65 .70 .75 .75 .65 .65 .70 .65
.45 1.15 1.30 1.30 1.25 1.20 1.15 1.20 1.40 1.45 1.55
.40 .80 .85 .80 .85 .90 1.05 1.10 1.10 1.25 1.35
.47 .53
.58 .61
1.79 2.05
.48 .09 .11 .13
.68 .12 .16 .14
2.36 .38 .44 .44
.15 .12 .13
.16 .13 .16
.53 .44 .51
.13
.15
.51
.16 .11
.17 .14
.60 .51
.12
.17
58
.12
.18
58
.14
.19
68
Nondurable goods industries
Food and beverage
Textile
Paper
Chemical
Petroleum
Rubber
Other nondurable goods 4
7.65 7.84
.99 .97
.61 .64
.72 .72
1.56 1.61
2.88 2.92
.23 .24
.66 .73
9.08
1.02
.76
.93
1.86
3.44
.26
.81
Mining
_
__
Transportation, other than rail
Public utilities
Communication
_.
Commercial and other 5 _ _
.50
1.93 2.10 1.65 1.95 1.99 2.25 1.87 2.23 2.33 2.64 7.60 7.50 7.80 7.70 7.50 7.65 8.00 8.15 8.55 8.80
.24 .26 .22 .26 .25 .24 .24 .27 .26 .24 .95 1.00 1.00 1.00 .95 .95 1.00 .95 1.05 1.00
.15 .17 .15 .18 .15 .17 .14 .18 .21 .24 .55 .60 .65 .65 .65 .65 .60 .65 .60 .65
22 .25 .28 .70 .70 .70 .75 .65 .70 .75 .80 .80 .90
.18 .20 .14 .18 .19 .21 .18
.37 .43 .36 .40 .39 .47 .37 !47 .45 .58 1.70 1.55 1.50 1.50 1.60 1.55 1.60 1.65 1.65 1.80
.76 .80 .59 .70 .76 .87 .70 .84 .89 1.01 2.85 2.70 3.10 2.85 2.80 2.80 3.00 3.05 3.30 3.35
.06 .06 .05 .06 .07 .07 .06 .06 .07 .07
.16 .18 .15 .19 .18
.18 .20 .20 .23
9.35
1.05
.85
1.00
1.85
3.50
9.55
.95
.90
1.00
2.05
3.55
.55
.50
.55
.50
.55
.50
1.05 1.05 1.15 1.15
1.15 1.10
1.12 .26 .27 .28
.27 .24 .26
.27
.28 .26
.29
.29
.28 1.15 1.05 1.10 1.00 1.05 1.00
1.46 .16 .26 .24
.20 .21 .28
.29
.33 .32
.36
.34
.44
.90 1.00 1.20 1.35 1.40 1.25
1.40 1.90
2.07 1.92
2.31 .47 .60 .50
.50 .39 .54
.45
.54 .51
.63
.56
.61 2.05 2.25 2.00 1.90 1.70 2.05 1.85 2.10 2.30 2.25
2.25 2.45
5.48 5.65
6.07 1.06 1.37 1.54 1.52 1.04 1.40 1.60 1.61 1.18 1.58 1.63 1.69 5.15 5.40 5.75 5.45 5.20 5.45 5.90 5.80 5.95 6.30
6.00 6.00
14.98
9.52 10.03
.88 .93 .87
.95 .85 .95
ls.81 4.11
2.06 2.37 2.48 2.60 2.26 2.41 2.64 2.72 2.37 2.61
.70
.95 1.00
.80
3.70 3.65 3.60 3.60 3.55 3.65 3.85 4.05 4.05 4.30
.93 1.06 .97 1.10
1. Data exclude expenditures of agricultural business and outlays charged to current
account.
2. Estimates are based on anticipated capital expenditures reported by business in August
1964. The estimates for 1964 have been adjusted when necessary for systematic tendencies
in anticipatory data.
3. Includes fabricated metal, lumber, furniture, instrument, ordnance, and miscellaneous
industries.
.50
1.04
3.63 3.79
__ _
1.92
.26
.16
.18
.40
.69
.06
.18
.50
.40
.85 1.10
1.08
Railroads
1.69
.22
.13
.15
.37
.62
.05
.14
.45
.40
8.75 9.25 9.85 10.20 9.65 9.65 10.20 10.45 10.25 10.45
iis.io 15.60
4. Includes apparel, tobacco, leather, and printing-publishing.
5. Includes trade, service, finance, and construction.
NOTE: Details may not add to totals due to rounding. Data for earlier years were published in the June 1956, March 1958,1960,1961,1962, and 1963 SURVEY OF CURRENT BUSINESS.
Sources: U.S. Department of Commerce, Office of Business Economics, and Securities
and Exchange Commission.
SURVEY OF CURRENT BUSINESS
September 1964
pansion—as well as the upward revision
in capital budgets for the group as a
whole since the last survey—stems
primarily from the trucking industry.
Transportation outlays rise sharply
Transportation companies' expenditures for new plant and equipment,
comprising a relatively ^mall part of
total investment, are noteworthy for
their sharp expansion this year. Increases of one-third and one-fifth over
1963 are now programed by the rail
and norirail groups, respectively.
Railroads spent somewhat less in
the second quarter than in the first,
but are now projecting sharply rising
expenditures in the second half; fourth
quarter outlays are expected to reach a
record $1.9 billion. The expansion
centers in equipment purchases.
Nonrail transportation firms are also
programing rising expenditures, to a
record $2% billion in the last quarter
of this year. The second half ex-
Communications and commercial
firms are projecting a record expenditure of $15 billion for 1964, 8 percent
above 1963. Second half outlays are
expected to be well above those of the
first half, with retail trade programs
especially strong.
Expenditures by public utilities are
also moving up to record levels after
several years of little change. Outlays
are expected to reach $6 billion this
year—7 percent above 1963—with not
much change anticipated from the first
to the second half.
Economics. Factory stocks are expected to rise over $1 billion in the
second half of this year after increasing
about one-quarter billion dollars in the
first half. Fourth quarter sales are
expected to be 2 percent above the
MANUFACTURERS look for continued inventory accumulation and rising
sales through the end of 1964, according to the regular quarterly survey of
manufacturers' anticipations, conducted
in August by the Office of Business
Table 1.—Manufacturers' Inventories and Sales: Actual and Anticipated
[Billions of dollars]
I
Inventories,
quarter
end
II
III
1963
19 62
IV
I
II
III
IV
19(34
I
II
III
IV
i
II
III1
IVi
of
Unadjusted
All manufacturing
Durables
Nondurables
53.7 53.7 53.7 54.8 56.3
31 9 31 7 31 6 3? 2 33 7
21.8 22.0 22.0 22.5 22.6
56.6
34 1
22.5
57.1 57.4
34 0 33 9
23.1 23.5
58.4
34 9
23.5
59.0
35 5
23.5
58.8
35 4
23.5
59.7
35 6
24. 2
60.7
36 4
24.3
60.7
36 8
23.9
60. 5
36 6
23.9
61.3
36 8
24.5
53.5 53.4 53.9 55.1 56.0
31.fi 31.4 31.8 32.6 33.4
21.9 22.0 22.1 22.4 22.6
56.7
33.8
22.9
57.3 57.8
34.1 34.3
23.2 23.4
58.1
34.6
23.5
58.7
35.2
23.6
59.1
35.5
23.6
60. 1
36.0
24. 1
60.3
36.1
24.2
60.4
36. 5
23.9
60.8
36.8
24.0
61.5
37.2
24.3
Seasonally adjusted
All manufacturing
Durables
Nondurables
Sales, total for quarter
Unadjusted
87,9 93.5 92.0 97.2 98.8 102. 5
54. 3
48.2
l)iiral».i ^
43.2 48.2 45.3 49.7 51.1
Nu'i.l'UMhles -.- _ - 44.8 45.3 46.7 47.5 47.7
97.8 100.6 101.0 107.0 102. 5 106.8 108.0 114. 2 110.3 113. 8
49.1 51.7 51.9 57.0 52.2 55.8 56.3 60.6 55.9 59.3
48.7 49.0 49.1 50.0 50.4 51.0 51.7 53.6 54.4 54.5
nni< adjusted
All mar til u • '
Durables.. _
Nondurables .
M8.fi 91.5 93.7 96.5 99.6 100.2 100.0 99.9 101.9 104.4 105.0 106.2 109.1 111.1 113.1 113.5
43.7 46.1 47.3 49.1 51.7 51.8 51.5 51.1 52.6 54.2 54.8 55.3 57.1 57.5 58.9 59.0
it. 9 45.4 46.4 47.4 47.9 48.3 48.5 48.7 49.3 50.1 50.2 50.9 52.1 53.6 54.2 54.5
1
Anticipations reported by manufacturers' in August 1964. Inventories have been corrected for systematic tendencies
in anticipatory data.
Sources: U.S. Department of Commerce. Anticipations, Office of Business Economics; actuals, Bureau of the Census.
[Percentage distribution]
Pota]
s
o§
<i ~
March 31
June 30
Sept 30
Dec. 31
15
20
16
20
80
72
72
75
I960
March 31
June 30
Sept. 30
Dec. 31
26
29
24
24
72
69
75
75
1961
March 31 June 30
Sept 30
Dec. 31 .__
18
14
10
10
81
85
88
SB
1962
March 31
June 30
Sept. 30
Dec. 31
14
14
15
14
84
84
83
84
1963
March 31
June 30
Sept 30
Dec. 31
15
15
17
13
1964
March 31
June 30
16
13
Commercial investment high
Manufacturers Expect Higher Inventories and Sales
in Second Half of 1964
19 61
Table 2.—Manufacturers' Evaluation of the
Condition of Their Inventories 1
1959
Durables
=£
3
5
8
Nondurables
| t>
'If |
^
3
'Biii11
12
o tf
9
*t
*•"
15
84
83
80
82
6
8
3
2
1
1
1
15
22
15
17
83
76
83
81
2
70
79
84
87
88
i
I
16
13
9
9
83
85
88
89
1
2
3
19
17
18
17
80
82
81
82
1
1
1
1
8
9
11
11
89
89
86
86
3
3
2
2
2
17
18
19
14
81
80
80
84
2
2
1
12
10
14
10
85
88
83
87
3
2
3
17
16
81
81
2
3
14
9
84
88
2
3
5
18
26
19
24
65
66
70
9
15
6
1
1
33
34
30
27
65
65
69
72
20
15
11
10
2
2
82
83
81
85
82
84
1
1
I
I
3
3
3
1. Condition of actual inventories relative to sales and
unfilled orders position as viewed by reporting companies.
Percent distribution of inventory book values according to
company's classification of inventory condition.
Source: U.S. Department of Commerce. Office of Business
Economics.
second quarter rate. If these anticipations are realized, the ratio of stocks to
sales at yearend would be little changed
from midyear levels.
Sales up
Manufacturers' sales, at $111 billion
in the second quarter, were 2 percent
higher than in the first quarter—-about
in line with the increase projected in
the anticipations survey taken 3 months
ago. The current survey projects sales
at $113 billion in the third quarter and
$113% billion in the closing quarter.
The anticipated 2 percent sales rise foil-he summer quarter, the same as projected in the May survey, is also about
equal to the actual quarterly increase
in the first half of this year.
Manufacturers of both durable and
nondurable goods anticipate moderate
increases in the summer quarter, followed by little further advance in the
fourth quarter. The projected 2% percent advance in hard goods sales in the
current quarter is slightly larger than
the average quarterly increase during
the first half. All major durable goods
industries are expecting advances.
SURVEY OF CURKEXT BUSINESS
6
Nondurable goods producers now
project a 1 percent sales rise in the
third quarter—less than the quarterly
increase during the first half. Sales
are then expected to increase one-half
of 1 percent in the closing 3 months of the
year to a new high of about $55 billion.
Actual sales in the first two quarters
plus current projections for the third
and fourth quarters yield a 1964 total
that is 7 percent above 1963. Sales
projections by manufacturers reported
in the Plant and Equipment Expenditures Survey in February placed the
expected rise for the year at 6 percent.
Durable goods sales are about 1 percent
above the earlier expectations and
nondurables about 2 percent.
Moderate inventory
anticipated
accumulation
Manufacturers plan to add $400
million to their inventories in the third
quarter and an additional $700 million
in the fourth quarter, after seasonal
adjustment. The projected additions
would be substantially larger than the
January-June average quarterly increase of a little over $100 million. By
yearend manufacturers' inventories are
Inventories and sales expected to rise to Yearend
icith little change in stock-sales ratios
DURABLE GOODS MANUFACTURERS
Billion $
NONDURABLE GOODS MANUFACTURERS
Billion $
Billion $
Billion $
60
1.5
55
1.0
Inventory Change
(left scale)
50
45
40
-.5
40
Sales
-.5
(right scale)
-1.0
-1.0
1959
61
62
63
64 '
1959
60
61
62
63
64*
Ratio
Ratio
2.5
3.0
2.5
2.0
Inventory-Sales Ratio
Inventory-Sales Ratio
1.5
2.0
1.5
1.0
1959
60
61
62
63
64"
1959
60
61
Seasonally Adjusted
*
3d and 4th quarters are anticipated / Note: - Inventories, end of quarter; sales, 1 jtal for quarter
U.S. Department of Commerce, Office of Business Economics
62
63
64*
September 1964
expected to reach $61^ billion. The
$1.4 billion rise for the year compares
with additions of about $2}, billion in
both 1962 and 1963.
Durable goods producers are projecting inventory increases of almost
equal magnitude in the third and
fourth quarters—$300 million and $400
million, respectively; during the second
quarter durable goods stocks rose about
$400 million. Yearend inventories of
$37% billion would be equivalent to 1.9
months of sales, a ratio that is somewhat lower than the corresponding
figure a year ago.
Nondurable goods producers expect
to add $100 million to their inventories
between June and September and an
additional $300 million by yearend. At
midyear nondurable goods inventories
were a little lower than they were at the
end of 1963. Thus, if current expectations are realized, stocks at the end
of 1964 will be only slightly higher
than they were a year earlier. The
expected yearend stock-sales ratio is
about 1.35, compared to about 1.40 in
December 1963.
Current inventory condition
Manufacturers considered their stocks
at the end of June to be in somewhat
better shape than they were at the end
of March. The June figures showed a
significant drop from March in the proportion of inventories regarded as
"high;" this proportion was the same
as was reported for the end of last
December.
Manufacturers holding 13 percent of
total factory stocks classified their
June inventories as "high" in relation
to sales and unfilled orders. Firms
accounting for 84 percent of stocks
characterized their inventories as
"about right," while the remainder
designated their inventories as "low."
Manufacturers holding 16 percent of
durable goods inventories judged their
stocks as "high," slightly below the
March ratio and close to the average
ratio for 1963. Only 9 percent of
nondurable goods manufacturers' inventories were classified as "high," the
lowest ratio since early 1962.
The Balance of Payments During the Second Quarter of 1964
'USING the second quarter the
international reserves of the monetary
authorities of the United States declined by $303 million. Gold reserves
increased by $73 million—the first
rise during a quarterly period since
the second quarter of 1961. Holdings
of convertible foreign currencies declined by $258 million, however, and
the gold tranche position of the United
States in the International Monetary
Fund was reduced by $118 million,
mainly because of our drawings of
$125 million. The gold tranche position represents nearly automatic
drawing rights on the IMF for convertible foreign currencies. At the
end of June these drawing rights
amounted to $786 million.
Liquid liabilities to foreigners, consisting of their deposits in U.S. banks,
their holdings of marketable time
deposit certificates, marketable Government securities and privately issued
short-term obligations, increased by
$199 million (revised from $245 million
shown in the preliminary estimate
released last month). Foreign holdings of nonmarketable medium-term
Government securities convertible into
cash at short notice rose by $122
million.
Thus, the balance on our international transactions during the second
quarter, measured by changes in U.S.
official monetary reserves and in liquid
liabilities to foreigners, was adverse
by $624 million if foreign holdings of
convertible medium-term Government
securities are included among the
liquid liabilities. If they are excluded
?vnd considered long-term foreign investments in the United States, the balance
\vas $502 million (table I, lines Cla
and C2a).
Seasonal factors improved the balance
by about $110 million. Payments on
imports, tourist expenditures, Government grants and capital outflows, and
private capital outflows are seasonally
high during the second quarter, but the
seasonal effects on these transactions
are more than compensated by the
seasonal rise in merchandise exports.
After adjustment of the various types
of transactions for seasonal changes
the balance including the convertible
medium-term Government securities
was $733 million; excluding these securities it was $611 million (table I,
lines Cl and C2). Both of these balances correspond to a balance of $85
million in the first quarter when foreign
holdings of convertible nonmarketable
medium-term Government securities
did not change. For the full year 1963
the corresponding balances were $2,644
and $1,942 million respectively.
Special
Government
transactions
shift to net payment
A major factor in the increase of the
negative balance from the first to the
second quarter was the change in
"special" Government transactions
(other than the convertible mediumterm, nonmarketable securities), particularly advance payments on military
sales.
During the first quarter, cash receipts on military contracts exceeded
deliveries by about $150 million; in
the second quarter cash receipts fell
Billion $
28
Billion $
7
MERCHANDISE TRADE
24
20
Exports
16
\
Imports
12
8
4
NET MOVEMENT OF U.S. CAPITAL (Outflow -)
Direct Investments
-4
Total
-2
-8
1953
54
55
56
57
58
59
U.S. Department of Commerce, Office of Business Economics
60
61
62
63
64
1963
1964
Quarterly
Seasonally Adjusted,
SUKVEY OF CURRENT BUSINESS
8
short of deliveries by about $75 million
(table 1, line B2), (These figures are
still based on uncertain information
and are subject to revision.) As other
"special" Government
transactions
were offsetting in the first quarter and
were relatively small in the second
(table 1, lines 1 and 3), the balance on
all "special" transactions changed from
net credits of $148 million in the first
quarter to net debits of $51 million in
the second, thus accounting for about
$200 million of the shift in the over-all
balance.
September 1964
of these continued into the second
quarter, but their effect on the balance
Apart from these special types of had become smaller. Most important
Government transactions the seasonally were the large shipments of foodstuffs
adjusted balance on the other ("reg- to Western Europe and the Soviet bloc
ular") types of transactions thus in consequence of exceptionally bad
changed from net debits of $230 million 1963 harvests.
in the first quarter to about $680
Other developments or transactions
million in the second.
with an erratic effect on the movement
To a large extent this was not un- of the over-all balance appear to have
expected. As had been pointed out in been relatively small in the second
the June issue of the Survey, the balance quarter, and partly offsetting. Major
in the first quarter was favorably outflows of corporate funds during
affected by transactions or conditions April for short-term investment abroad
of verv short run significance. Some (not included in direct investments),
which contributed to a relatively large
adverse balance in that month, apparently were followed by reductions
in such investments during the following 2 months. The outstanding
Net Receipts From Sales of
Excluding
Table 1 Line Cl
amounts of such investments—after
Nonmarketable Medium-Term
Including Convertible Government
Table 1 Line C2
seasonal adjustment—did not change
Securities
significantly during the quarter as a
Excluding Net Receipts From Other Special Government
whole.
Transactions (Table 1 Line A13)
Short-term capital outflows reported
Billion $
Billion $
2
.5
by banks for June included a major
TOTAL
increase in dollar and foreign currency
deposits abroad, a large part of which
appear to have been repatriated in
July. Direct investments were also
affected by several unique or temporary
-2
transactions, but largely with an offsetting effect.
A rough estimate of these erratic
-1.0
types of capital movements, to the
extent that they are known, would
suggest that they may have worsened
the balance during the second quarter
1953
54
55
56
57
58
59
60
61
62
63
64
1963
1964
by
perhaps $100 to $150 million. This
Quarterly
Seasonally Adjusted,
would in part have been compensated,
WITH WESTERN EUROPE
WITH OTHER AREAS
however, by the extraordinary exports
continued from the first quarter. The
net adverse effect of these very short
term or erratic influences on the balance
may not have been more than $50
million. This would compare with
favorable net effects of such developments in the first quarter in the general
-.5
-.5
-2
-2
magnitude of $200 to $300 million, so
that their quarter to quarter change
may account for as much as $300 million
-1.0
-4
-1.0
of the decline in the balance.
Erratic movements
Changes in foreign
economies
-1.5
-6
1960
61
62
63
1963
1964
Quarterly
*Except changes in U.S. reserves and in liquid liabilities
U.S. Department ot Commerce, Office of Business Economics
-1.5
-6
1960 61
62
63
1963
1964
Quarterly
and
domestic
Perhaps a smaller, but in the longer
run more significant, part of the change
of the balance from the first to the
second quarter may be attributed to
September 1964
the economic developments in the
United States and in the major foreign
countries. In the United States, final
demand—particularly
for
durable
goods—continued to expand and inventory accumulations exceeded those
in the first quarter. Orders for machinery and equipment accelerated, and
with new orders exceeding shipments,
delivery periods have lengthened. At
the same time financial resources of
corporations as well as of the banking
system remained high.
In contrast, in many of the major
countries in Western Europe, and in
Canada and Japan, the rise in business
activity during the second quarter
appears to have been slower than earlier
in the year or in 1963. In Western
Europe and Japan this change was the
result of various measures curtailing
business liquidity in order to dampen
inflationary pressures and to prevent
deteriorations in the balance of payments. The changes in foreign business
activity do not have to be interpreted
as a major cyclical change, however, but
rather as attempts to avoid distortions
in continuing economic expansions.
The combination of these domestic
and foreign business developments, as
could be expected on the basis of past
experience, had a dampening effect on
U.S. exports and stimulated imports.
At least in the early stages of such
developments—as long as investment
opportunities abroad are not seriously
affected by a decline in the utilization
of foreign productive capacity and in
investment incomes—they also could
be expected to stimulate capital outflows, as foreign demand for capital is
diverted from internal to foreign sources.
Merchandise exports
The $70 million decline during the
April-June period in merchandise exports after seasonal adjustment interrupted a continuous quarter-by-quarter
rise which had begun early in 1963.
The decline, however, was due mainly
to a temporary dip in exports during
June. Exports moved up in July by a
margin wide enough to offset the June
dip. Averaging the June and July
figures, the monthly trend in exports
has been almost flat since December
1963. Exports financed by Govern
http://fraser.stlouisfed.org/
741-612 O - 64 - 2
Federal Reserve Bank of St. Louis
SURVEY OF CURRENT BUSINESS
ment grants and capital outflows increased during the second quarter by
about $100 million.
9
Major developments in exports during the second quarter included (1) a
reduction in shipments of agricultural
Table 1.—Analysis of U.S. Balance of Payments, Seasonally Adjusted, Excluding Military
Grant Aid
[Millions of dollars]
Calendar year
Transactions other than changes in official monetary assets
and in liquid liabilities (including nonmarketable
medium- term convertible Government securities)
I. U.S. PAYMENTS (DEBITS) RECORDED
1. Imports of goods and services
2.
Merchandise.
3.
Military expenditures
4.
Other services
5. Remittances and pensions
6. Government grants and capital outflows
7.
(Transactions involving no direct dollar outflows
from the United States)
8.
(Dollar payments to foreign countries and international institutions)
9. U.S. private capital
10.
Direct investments
_ ._ _
11
Long-term portfolio
12.
Short-term
II. U.S. RECEIPTS (CREDITS) RECORDED
1. Exports of goods and services
2
Merchandise
3.
(Financedby Government grants and capital) ...
4.
Military sales..
-__ - _ 5.
Income on investments, private
6.
Income on investments, Government
_
7.
Other services... .
8. Repayments on U.S. Government loans, scheduled.
9. Repayments and selloffs, nonscheduled
10. Foreign private capital other than liquid funds
11 Government liabilities
SELECTED B A L A N C E S ( N E T CREDITS + ,
DEBITS -)
A. Regular types of transactions, seasonally adjusted:
1. Merchandise trade, excluding military _ _ _ _
2 Military sales and expenditures
3 Incomes on investments _
4 . Other services _ _ _
_ _ _ _ _ _
_ __
5 Goods and services
6.
(Excluding exports of goods and services financed
by Government grants and capital outflows)
7 Remittances and pensions- _
8. Government grants and capital outflows, less
changes in associated liabilities, less scheduled
loan repayments _
_ ._
_
Domestic and foreign private capital:
9
Direct and long-term portfolio _
10.
Short-term ._
__
11. Miscellaneous Government non-liquid liabilities.-.
12. Errors and unrecorded transactions.. _ _
1962
1963
33,486
25, 021
16, 134
3,044
5,843
738
4,293
35,990
26, 335
16, 996
2,897
6,442
1964
III
IV
I"
UP
9,713
6,531
4,212
731
1,588
209
1,336
8,482
6,733
4,368
711
1,654
206
1,009
9,071
6,744
4,379
708
1,657
202
1,117
9,219
826
4,522
8,724
6,327
4,037
747
1,543
209
1,060
923
9,742
7,009
4,576
731
1,702
208
1,130
3,220
3,635
809
1,081
815
930
776
929
1,073
3,434
887
4,307
251
255
187
1,128
618
546
-36
147
1,354
517
227
610
9,326
201
1,395
513
261
621
7,780
7,535
4,990
595
181
1,036
123
1,205
141
25
-24
103
1,637
477
598
562
8,429
7,977
5,472
827
206
969
124
1,206
156
34
266
-4
194
534
235
303
-4
8,596
953
-566
884
-63
1,208
2,347
-826
-3, 547 -3, 785
1,654
1,227
553
32,394
30, 084
20, 576
2,863
656
3,850
471
4,531
599
681
166
864
1,888
1,685
734
33,685
32, 020
21, 989
2,720
659
3,969
498
4,905
643
326
310
386
1.003
558
238
212
6,745
4,366
717
1,662
197
163
26
-45
265
8,997
6,112
632
210
1,227
128
1,320
164
52
22
91
9,040
8,798
6,042
733
142
1,190
129
1,295
155
33
103
-49
1,242
-594
780
-124
1,304
1,538
-553
795
-53
1,727
1,746
-507
1,040
-27
2,252
1,466
-589
1,005
-93
1,789
441
-209
543
-206
901
-202
1,496
-197
911
-208
-899
-1,170
-791
-925
-768
-940
-2, 609 -3, 244 -1, 159
7
-753
-659
1
-4
(*)
-339
-118
-1,111
-876
-495
1
-11
-442
21
2
-267
-767
-286
-2
57
-731
-601
4
-192
-696
-596
4,993
4,442
-2, 388 -2, 238
3,273
3,326
-343
-317
5,685
5,063
2,155
-738
13. Balance on regular types of transactions (seasonally
adjusted)
_ _ _
-3, 605
14 Less' Net seasonal adjustments
15. Balance on regular types of transactions before
adjustment
-3, 605
B. Special Government transactions (not seasonally adjusted.
1 Non-scheduled receipts on Government loans
681
2 Advances on military exports
470
3. Sales of non-marketable, medium-term, non-convertible securitiesl
251
4
Dollar securities
5
Foreign currency securities
251
6. Sales of non-marketable, medium-term, convertible
securities
7
Dollar securities
8
Foreign currency securities
C.I. Balance A+B excluding net receipts from sales of
nonmarketable, medium-term, convertible Government securities (including seasonal adjustment of
items in A) _
_
-2,203
la. Excluding seasonal adjustment (equals line 52,
table 3 ) •
_
_ _ _ _ _ _
-2, 203
2. Balance A+B including net receipts from sales of
non-marketable, medium-term, convertible Government securities (including seasonal adjustment of items in A)
-2,203
2a. Excluding seasonal adjustment (equals line 52a,
table 3)
_
.__
-2, 203
D. Increase in short-term official and banking liabilities
and in foreign holdings of marketable U.S. Government bonds and notes (decrease—)
670
1. Foreign holders other than official (lines II-2, 3, 4;
213
table 6)
2 Foreign official holders (line II-l table 6)
457
E. Decrease in U.S. monetary reserve assets (increase — ) _ _ _ 1,533
1 IMF gold tranche position
626
17
2 Convertible currencies
890
3 Gold
r
1963'
i | ii
Revised.
* Preliminary.
* Less than $500.000.
1. Includes certificates sold abroad by Export-Import Bank.
8,037
5,610
627
117
963
125
1,222
8,880
8,471
5,917
671
155
1,001
126
1,272
183
241
113
22
1,260
-525
814
-103
1,446
462
-209
-31
-357
-102
-379
441
-398
18
-233
-302
-682
-109
-3,261
-813
-1,212
-820
-416
69
-573
326
334
25
20
34
-5
241
80
26
239
52
151
33
-76
-43
63
58
5
-10
19
-29
-95
-1
-45
-50
—1
-55
-5
-50
-8
-8
(*)
350
125
225
152
175
25
152
150
25
-3,261 -1,170 -1,314
31
-74
702
150
552
122
~~~~~m
-2, 644 -1,062 -1,295
-153
-134
-85
-733
-152
217
-624
-109
-85
-611
-127
217
-502
-2, 644
-705
-1, 193
-594
-1,942
-712
-1,143
22
-1,942
-355
-1,041
-419
1,564
323
917
192
132
-166
199
594
970
378
30
-113
461
397
-74
32
-46
-33
111
144
773
124
2
6
116
47
145
227
59
-28
196
6
126
-5
15
-58
38
233
-399
-51
131
-228
46
114
' 85
303
118
258
-73
SURVEY OF CURRENT BUSINESS
10
products from the record rate of the
January-March period, and (2) a
tapering off of the rise in exports of
nonagricultural goods.
About $60 million of the $100 million
seasonally adjusted decrease in agricultural products during the second
quarter was due to the decline in special
grain shipments to the Soviet Bloc as
deliveries under existing contracts with
the Soviet Union were virtually completed in May. Excluding the extraordinary sales to the Soviet Bloc,
agricultural exports during the second
quarter were at a seasonally adjusted
annual rate of $5.9 billion. In view of
the substantial increases anticipated in
foreign crops which compete with U.S.
exports, it is somewhat questionable
that this rate can be sustained during
the remainder of the year.
The gain in exports of nonagricultural
products during the April-June period
was only a very minor one, especially
when compared to the substantial increases occurring in the two preceding
quarters. Although exports to Mexico,
Venezuela, the Philippines, Australia,
the Union of South Africa, and some
aid-recipient co an tries such as India
and Pakistan, moved significantly higher, sales to the major industrial
Table 2.—U.S. Balance of Payments by Major Components,1 Seasonally Adjusted
[Millions of dollars]
Calendar
year
1963'
Goods and Services,2 Government Assistance and Long-Term
Capital Accounts
A. 1. Nonmilitary merchandise exports- _ _
2. Less: Those financed by Government grants and
capitaL
3. Merchandise exports, other than those financed by
Government grants and capital __
4. Nonmilitary merchandise imports
_ ._
5. Balance on trade excluding exports financed by Government grants and capital - - - - - - - _ _ _ _ . .
6. Nonmilitary service exports. _
_. - _ 7. Less: Those financed by Government grants and
capital 8. Service exports other than those financed by Government grants and capital
9. Nonmilitary service imports
._ _ _ _ . _ _
B.
1964
19€ 3'
UP
I
II
III
IV
I'
21, 989
4,990
5,472
5,610
5,917
6,112
2,720
595
827
627
671
632
733
4,645
4,395
5,246
5,480
19 269
4,983
— 16,996 —4, 037 — 4,212 —4,368 -4,379 —4, 366
5,309
-4, 576
6,042
2,273
358
433
615
867
1,114
733
9,372
2,364
2,299
2,310
2,399
2,675
2,614
601
153
168
129
151
135
145
2,131
2, 181
2,248
2,540
2,211
8,771
—6, 442 -1,543 -1,588 -1,654 -1,657 -1,662
2,469
-1,702
10. Balance on services other than those rendered under
Government grants and capital
2,329
668
543
527
591
878
767
11
4,602
1 026
976
1, 142
1,458
1,992
1,500
—2 897
982
— 747
— 731
— 711
— 708
390
-717
-731
193
— 887
—251
-255
— 194
-187
-147
-201
793
122
153
404
114
188
-3, 573 -1,164 -1,075
-538
-796
-744
-774
78
-208
1
2.
3.
4.
5.
6.
7.
8.
9.
10.
C.
D.
E.
F.
Balance
Other major transactions:
Military expenditures
Military cash receipts
Government grants and capital-dollar payments to
foreign countries and international institutions
Repayments on U.S. Government loans excluding
fundings by new loans and repayments on military
credits
U.S. direct and long-term portfolio investments abroad,
Foreign direct and long-term portfolio investments in
the United States
Remittances and pensions. _
Sales of nonmarketable,
medium-term, nonconvertible
securities 3 _._
_.
Miscellaneous Government nonliquid liabilities
Balance
Recorded U.S. private short-term capital outflow
less foreign short-term credits to the United States
(excluding foreign liquid dollar holdings)
.__
Unrecorded transactions Sales of nonmarketable, medium-term, convertible
Government securities
Balance C+D+E
H.
Balance C-f-D+E+F
. _
Memorandum item: Reconciliation of "Military cash receipts" (line B-2) with Table l.<
1. Military sales (table 1, line II-4)__ - 2. Less:
Military sales financed by credits (table 4,
line 25)
3. Plus: Principal collections on military credits
4.
Change in liability for advances on military
exports (table 1, line B-2)
5. Equals: Military cash receipts (line B-2, above)
r
195
371
329
—826
5
—209
199
-209
96
-206
29
-202
13
-197
-43
1
63
(z)
-10
1
-95
2
-1
-2
-55
4
-6, 121 -1,977 -1,732 -1,049 -1,363 -1,284
Balance on Goods and Services, Government
Assistance and Long-Term Capital Accounts
G.
204
— 1,519
—951
7
-756
95
93
21
-286
708
66
I
Total, all areas:
1962
1963
1964
-528
— 11
-267
57
702
350
152
175
25
-2,644 -1,062 -1,295
-153
-134
-85
-733
-712 -1,143
22
-109
-85
-611
206
117
155
210
-2
1
10
4
5
1
4
-10
(z)
334
982
20
204
-5
195
80
193
239
390
151
371
JanuaryJune
2 579
2 626
3 109
508
498
573
760
1 153
1 072
1 181
93
96
102
126
119
136
90
101
118
128
219
215
238
. . _ 143
_
149
112
135
150
85
147
223
145
228
255
284
373
Soviet Bloc in
Europe (excluding Poland):
1962
_. .
1963
1964
3
6
110
7
4
51
5
4
3
24
10
10
161
Other:
1962
1963
1964
459
447
547
483
598
609
471
505
461
564
Canada:
1962
1963
1964
_
Japan:
1962
1963
1964
.-
_
942
1,045
1 156
1. Export data as published by the Census Bureau have
been adjusted for changes in U.S.-owned stocks of grain held
in Canada, and for transshipments of U.S. grain via Canada
to Western Europe, Japan and other destinations.
Source: Office of Business Economics from basic data of
Bureau of the Census.
countries were down from the first
quarter rate.
The interruption of the uptrend in
nonagricultural exports to Western
Europe and Japan during the second
quarter may be associated with (1) the
leveling off of the rise in industrial
production in each of these areas, and
(2) the rising claims of U.S. domestic
business on the resources of our economy.
U.S. Nonagricultural Exports to Major
Industrialized
Countries
(Excluding
Special Category Goods and Aircraft)
[Million of dollars, seasonally adjusted]
-31
1st quarter
2d quarter
3d quarter
4th quarter
122
181
IV
623
558
555
-106
-596
17
6
III
530
514
626
-1,606
-601
-192
659
II
1,228 1 351 1 159 1 300
1 212 1 414 1 255 1 704
. 1 608 1 501
Western Europe:
1962
1963
1964
-8
142
(*)
(z)
-76
66
Revised.
» Preliminary.
* Less than 500,000.
NOTE.—See note to table 1.
1. Excludes military transfers under grants.
2. Short-term capital movements between parent companies and their foreign affiliates are reported as part of direct investment.
3. Includes portfolio fund certificates sold abroad by Export-Import Bank.
4. The entries for the 4 quarters of fiscal year 1964 for military transactions are estimates based upon incomplete reports.
[Millions of dollars]
(*)
-118
(x)
U.S. Agricultural Exports,1 by Quarters
172
-786
-339
-1,942
September 1964
1st quarter
2d quarter
1963
1964
-
Canada
Western
Europe
Japan
793
842
892
955
1,030
1,189
1,166
1,203
233
238
269
275
1,011
978
1,314
1,301
290
270
Source: Office of Business Economics based on data collected by the Bureau of the Census.
The decline during the April-June
period in the seasonally adjusted noncultural exports to Canada reflected
two developments. The lifting in
March of 1963 of the temporary import
restrictions which had been imposed at
the time of the Canadian exchange
SURVEY OF CURRENT BUSINESS
September 1964
crisis in the late spring of 1962, resulted
in a bulge in Canadian demand to
replenish the depleted stocks of U.S.
produced goods. This demand probably declined during the latter part of
1963 and the first half of 1964.
At the same time the rise in Canadian
business activity and particularly investments in productive facilities raised
the demand for U.S. commodities,
particularly capital goods and certain
industrial materials such as steel. The
high farm incomes resulting from good
harvests and large wheat exports to the
Soviet Bloc and other countries late in
1963 and the first half of 1964 also
increased Canadian demand for farm
equipment.
Through the first quarter of 1964
these developments resulted in rising
exports from the United States. During the second quarter, however, the
rise in the Canadian demand for industrial and agricultural investment
goods slowed down and did not comU.S. Nonagricultural Exports,1 by End-Use
Categories, by Quarters
[Millions of dollars]
I
Total, all categories:
1962
1963
1964
Fuels:
1962
1963
1964
II
III
IV
3 546 3 842 3 488 3 610
3,477 4 048 3 752 4 152
4,252 4,527
168
197
207
217
252
242
231
269
210
257
JanuaryJune
7 388
7 525
8,779
385
449
449
Other industrial materials:
1962
1,224 1 275 1 260 1 213
1963
1 204 1 386 1 374 1 407
1964
1 476 1 580
2 499
2 590
3 056
Machinery:
1962
1963
1964__-
2 532
2 582
3 015
1 186 1 346 1 174 1 241
1 181 1 401 l' 233 1 379
1 466 1 549
Autos and parts:
1962
1963
1964
432
429
572
479
507
598
397
423
Aircraft and parts:
1962
1963
1964
134
96
89
93
65
81
48
44
Manufactured consumer goods (excluding passenger cars) :
1962
1963
1964. _
Other and unclassified:
1962
1963
1964
484
606
911
936
1 170
63
51
227
161
170
318
291
317
335
271
281
274
317
564
580
653
129
107
124
141
120
142
107
128
125
135
270
227
266
273
263
1. Excluding special category commodities.
Source: U.S. Department of Commerce, Office of Business
Economics, based on data collected by the Bureau of the
Census.
pensate anymore for the decline in the
demand for the replenishment of inventories of imported goods which had
been depleted after the exchange crisis.
Nearly three-fourths of the $1.25
billion year-to-year rise in nonagricultural exports in January-June 1964 was
accounted for by gains in shipments of
industrial materials (excluding fuel)
and machinery. Autos and parts contributed most of the remaining rise.
Exports of manufactured consumer
goods (excluding passenger cars) in the
first half of 1964 were up by about $75
million from the first half of 1963.
Although this gain was relatively
smaller than the rise in exports of industrial materials and machinery, it was
considerably larger than the $16 million
rise in the corresponding period a year
earlier.
About three-fifths of the total rise in
machinery exports during the first half
of 1964 as compared with the same
period of 1963 reflected stepped-up
deliveries to Canada and Western
Europe, with the balance of the increase made up of shipments to the
less-developed areas of the world.
With reference to our exports of
machinery, it is significant that unfilled
exports orders continued to rise through
July.
Merchandise Imports
The second quarter import rate of
$18.3 billion was nearly reached in
March and continued without significant change through July. (June imports were somewhat below that rate,
but this shortfall was compensated for
in July.) The 5 months plateau followed an earlier period with little
change from July 1963 through February 1964.
This movement in total imports resulted from rather different developments in the broad import categories.
Imports of capita] and consumer goods,
including automobiles, have been rising
steadily since the beginning of 1963
and accelerated from the first to the
second quarter of 1964. These commodities—which comprise about 20 to
25 percent of total imports—accounted
for nearly half of the second quarter
gain. Imports of industrial materials
rose relatively sharply in the middle
11
quarters of 1963, remained relatively
steady through the early months of
this year, and accelerated again in the
second quarter of this year. Foodstuffs
moved more erratically, being affected
by changing prices for sugar and coffee,
and by a decline in the import demand
for meat, and in various periods
offset the movements in other imports.
Their was no change from the first to
the second quarter of this year.
Overall imports appear to have been
lower during the first quarter of this
year than might have been expected on
the basis of various factors which
appear to have determined import
values over the last 10 years. The
Changes in U.S. Imports—by Commodity
Group
Change from
1st to 2d quarter,
1964
Commodity categories
Average
weight
in total
imports
1960-63
Seasonally
adjusted
Millions of
dollars
Total imports 1
Industrial supplies and materials, total J _
_.
Steel
Petroleum
Other materials l
Consumer goods (nonfood),
total
Passenger cars, new and
used
Other consumer goods
Capital equipment, total
Machinery
Commercial transportation and other equipment
Food and beverages, total
Coffee
Sugar
Other food and beverages..
All other and unclassified (including military equipment) .
Percent
of total
change
(100)
+207
100.0
(51)
(3)
(11)
(37)
+113
+12
+41
+60
54.6
5.8
19.8
29.0
(16)
+71
34.3
(3)
(13)
(5)
(4)
+ 18
+53
+22
+21
8.7
25. 6
10.6
10.1
(1)
(22)
(7) }
(3)
(12)
+1
+3
+24
-21
0.5
1.4
11.6
(-H0.2
(6)
-2
(-)0.9
1. Based on general imports excluding uranium as published by Bureau of the Census.
Source: U.S. Department of Commerce, Office of Business
Economics, from basic data of Bureau of Census.
Area Changes in U.S. Imports 1
[1st half 1963 to 1st half 1964]
Average
weight
in total
imports
1960-63
Change from 1st
half 1963 to
1st half 1964
Millions of
dollars
Percent
of total
change
Total, all areas
(100)
+793
100.0
Canada
20 American republics
Western Europe
Japan
All other
(21)
(22)
(28)
(8)
(21)
+206
+54
+274
+94
+ 165
26.0
6.8
34.5
11.9
20.8
1. Imports as adjusted to balance of payments basis.
SURVEY OF CURRENT BUSINESS
12
September 1964
Table 3.—U.S. Balance of Payments—By
[Millions of
All areas
Type of transaction
Line
Western Europe
1963
Year
I
II
III
IV
I
II
9,094
305
n.a.
n.a.
11,567
753
2,759
221
3,194
369
2,523
76
3,091
87
3,101
135
n.a.
n.a.
211
30
8,920
8,789
9, 076
10, 814
2, 538
2,825
2,447
3,004
2,966
2,989
211
30
6,121
537
197
6,115
503
223
6,296
564
300
7, 559
981
111
1,754
219
22
1,955
262
31
1,727
252
33
2,123
248
25
2,132
238
24
2,082
272
50
174
15
(*)
394
478
424
421
658
158
155
149
196
168
167
12
58
103
62
148
59
193
63
180
69
543
17
136
17
207
18
82
17
118
17
131
17
148
1
697
227
108
643
226
109
937
247
193
925
253
94
865
275
112
507
208
178
165
49
18
122
50
26
102
52
32
118
57
102
178
57
21
160
65
28
9
1
5,961
3,929
501
314
6,604
4,227
633
538
7,031
4,314
635
820
6,739
4,526
541
398
6,476
4,353
524
335
7,083
4,596
659
585
9; 213
4,714
1,297
688
2,030
1,061
264
72
2, 359
1,171
377
208
2,434
1,166
371
288
2,390
1,316
285
120
2,221
1,225
274
85
2, 584
1,281
394
253
101
82
4
7
21
18
1
(«)
99
95
747
103
92
731
110
157
711
110
102
708
99
130
717
101
100
731
235
114
1,496
56
28
391
59
24
371
59
33
362
61
29
372
59
31
373
58
30
398
(2)
00
185
91
185
95
180
104
244
110
207
111
201
110
448
221
109
49
97
52
97
58
145
62
113
61
108
62
C)
(*)
Balance on goods and services
__ _ _ _ _ _ _ 7,167 1,790 2,313
EV eluding transfers under military grants
5,685 1,343 1,638
Unilateral transfers, net [to foreign countries ( — ) ] _ _ -4,204 -1,098 -1,382
Excluding military transfers. _
-2,722
-651
-707
657
523
-787
-653
2,407
2,181
-937
-711
2,618
2,313
-966
-661
2,354
n.a.
1,601
1,993
n.a. -1,189
-436
-758
729
508
-328
-107
835
466
-474
-105
89
13
-189
-113
701
614
-19S
-111
880
745
-225
-90
n.a.
405
n.a.
-89
110
110
-37
-37
9
9
-10
-10
-141
-135
-151
-127
-135
-158
-31
-32
-46
—49
-36
-41
26
-7
-675
-500
-66
-134
-455
-63
-226
-496
-64
-305
-467
-67
n.a.
-556
-67
-753
-148
-130
-221
-43
-33
-369
-40
-33
-76
-36
-31
-87
-29
-33
-135
-22
-32
n.a.
-16
-32
-8
-3
-2
-1
-329 -1,710 -1,503 -1,927 -1,540
-259 -1,301 -1,260 -1,471 -1,707
-145
-453
-554
-887
-671
-272
-166
-85
-286
-127
52
54
23
50
38
15
94
3
87
56
-504
-114
-134
-320
-243
-362
-70
-585
99
-591
167
-70
-409
-243
-456
-562
-692
-304
-441
-514
144
163
130
209
228
-465
428
-407
-65
2
-16
-29
87
-37
-103
19
-713
-637
-146
-154
3
-35
-134
-171
-76
-67
35
112
-139
-92
-19
10
-2
-83
47
251
-54
66
-474
503
-242
-34
8
56
-258
-33
29
-80
89
-394
-370
-269
-56
-25
3
66
-155
-15
-24
-87
16
-678
-596
-290
— 13
7
53
-99
-254
-82
-125
34
24
23
16
-60
233
6
4
16
47
9
-45
(')
(«)
II
III
IV
I
33, 502
1,482
7,751
447
8,917
675
7,688
134
9,146
226
32, 020
7,304
8,242
7,554
21, 989
2,078
934
4, 959
465
185
5,704
548
264
5,205
528
288
1,660
396
392
233
659
55
164
58
244
3.059
910
498
782
210
88
20
21
Imports of goods and services
26, 335
Merchandise, adjusted, excluding military
16, 996
Transportation
__ _
- _ __
2,310
2,070
Travel
Miscellaneous services:
422
Private
-- _ __ __ _ _ _ -_ .
Government, excluding military
446
Military expenditures
2,897
Income on investments:
794
Private
400
Government
22
23
24
25
1 Exports of goods and services
Goods and services transferred under military
2
grants, net.
Goods and services excluding transfers under
3
military grants.
Merchandise, adjusted, excluding military _ _ .
4
Transportation
5
Travel
6
Miscellaneous services:
7
Private
13
14
15
16
17
18
19
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
1963
1964
II
I
10
11
12
1963
1964
Year
8
9
Eastern
Europe
Government, excluding military
Military transactions
_ _ _
Income on investments:
Direct investments. _ . __
_
Other private
Government
Private remittances
Government:
Military grants of goods and services
Other grants
Pensions and other transfers
__
-564
-1,482
-- -1,896
-262
U.S. captial, net [increase in U.S. assets (— )]
Private, net
Direct investments net
New foreign securities sold in the United StatesRedemptions
Other transactions in foreign securities
Other long-term, net __Short-term net
Government, net
Long-term capital
Repayments on U.S. Government loans,
scheduled.
Repayments and selloffs nonscheduled
Foreign currency holdings and short-term
claims, net [increase (— )].
Foreign capital (lines 44-48), net [increase in
U.S. liabilities (+)].
Direct investments in the United States
Other long-term investments
U.S. private short-term commercial and brokerage liabilities.
U.S. Government liabilities other than interestbearing securities.
U.S. Government nonmarketable, medium-term,
nonconvertible securities.
U.S. Government nonmarketable, medium- term,
convertible securities.
Increase in short-term official and banking liabilities and in foreign holdings of marketable U.S.
Government bonds and notes [decrease (— )].
Increase (— ) in monetary reserve assets, including
gold, convertible currencies, and IMF gold
tranche position
52 Reduction in monetary reserve assets and increase
in liquid liabilities including U.S. Government
nonmarketable, medium-term, convertible securities (lines 49-51)
52a Excluding increase in U.S. Government nonmarketable, medium-term, convertible securities
(lines 50 and 51)
53 Errors and omissions and transfers of funds between foreign areas [receipts by foreign areas
(_)] net
-137
-447
-445
-69
-5,964 -1,505 -2,420
-4,307 -1,043 -1,704
-1,888
-563
509
-1,250
-513
-486
195
43
50
-72
-49
-79
-581
-128
-19
-734
532
61
-1,657
-462
-716
-620
2 181
-558
121
643
131
326
-445
Year
1
-16
-9
-31
CO
14
I
23
3
(')
3
(*)
4
(')
(')
(
">4
(*)
26
-101
52
75
33
73
132
251
110
29
476
109
138
105
124
51
-6
(*)
40
56
17
-87
116
-74
25
-12
9
20
58
25
-16
201
26
-14
2
31
61
81
21
44
38
28
-107
80
-54
2
35
-6
20
21
26
(*)
(«)
(*)
-19
114
297
143
-66
314
27
-9
90
206
145
-65
(*)
C)
-10
-95
-1
-55
-8
-49
63
-16
-95
-1
-55
25
-50
34
-261
241
-33
696
76
237
-5
334
-19
-5
10
-29
47
152
67
429
37
-43
63
277
-15
2
(*)
4
-8
122
702
350
152
175
25
122
577
225
152
175
25
1,564
323
917
192
132
-166
199
665
48
501
84
32
-27
-1
378
32
124
227
-5
-51
303
287
71
155
129
-68
-195
228
2,644
705
1,193
594
152
-217
624
1,529
344
808
388
-11
-222
1,942
355
1,041
419
127
-217
502
952
119
656
213
-36
-339
32
59
-163
-42
39 -1,630
-389
-594
-505
-142
3,489
843
1,339
736
571
-117
1,164
2,043
388
886
422
2,575
914
690
153
1,177
162
579
157
129
442
-236
119
602
562
-101
2,144
-45
433
214
672
-117
539
4
A
349
4
-4
-222
227
4
-4
-90
19
-21
1
347
-179
811
4
-4
-153
500
-312
133
368
443
-17
21
-3
-1
51
I
II
III
Memorandum items:
Increase in reported total foreign
gold reserves
and liquid dollar holdings 2
Through estimated net receipts from,
or payments (— ) to, the United
States 3
4
Through other transactions _ _
______
n.a. Not available.
;
Less than $500,000.
-267
*1963 and I 1964 revised, II1964 preliminary.
1. Transactions with shipping companies operating under the flag of the Bahamas, Honduras, Liberia and Panama are included in " unallocated."
2. Changes in reported total gold reserves of foreign banks and governments (including international organizations but excluding the countries of the Soviet bloc), net of convertible
currencies held by U.S. monetary authorities, plus liquid claims on the United States plus
net changes in their IMF position through U.S. dollar transactions.
SURVEY OF CURRENT BUSINESS
September 1964
13
Area, 1963, and First and Secnod Quarters 1964*
dollars]
1964
1963— Continued
Year
I
II
III
IV
I
II
67
171
126
5,568
1,222
1,452
1,351
1,543
1,510
1,667
39
67
171
126
5,568
1,222
1,452
1,351
1,543
1,510
1,667
5,355
27
3
(*)
57
5
163
4
(*)
116
5
(*)
4,106
125
372
921 1,094
26
31
72
107
981
34
126
1,110
34
67
1,121
28
104
1,264
33
119
3,252
293
344
3
3
3
3
189
44
47
54
49
48
319
1
7
1
4
1
4
1
16
1
6
51
17
75
39
75
67
4
3
1
CO
6
1
(*)
1
26
22
1
I
30
23
1
4
24
19
1
2
25
22
1
(')
(")
2
(*)
1
1
(*)
2
(*)
2
(*)
C)
(*)
49
49
-8
9
9
-9
A
0
5
2
-13
-14
-8
-5
-39
(*)
2
3
-10
-4
1
-40
-5
8
(*)
(x)
(*)
(x)
0)
z
()
-4
6
Year
I
II
6,050
55
1,367
23
1,600
16
1,447
3
1,636
13
1,554
13
n.a.
n.a.
2,274
545
512
1
2
640
5,995
1,344
1,584
1,444
1,623
1,541
1,687
2,274
545
512
3
370
53
35
3,622
346
379
792
75
79
983
93
106
875
89
104
972
89
90
945
81
82
1,058
95
105
1,811
148
20
436
36
3
404
36
6
4
5
6
22
341
79
82
86
94
81
81
99
23
24
7
1
52
17
12
10
13
4
13
1
14
2
14
9
16
3
9
23
2
4
3
5
8
9
282
40
40
263
44
22
257
45
27
26
107
31
7
24
10
4
26
4
10
11
12
640
226
40
37
214
38
24
27 4,966
24 3,710
1
124
1
522
1,036
808
27
40
1,259
961
33
110
1,409
944
33
286
1,262
997
31
86
1.167
930
28
49
1,349
1,045
31
125
4,548
3,514
171
532
822
530
29
152
5,370
4,044
200
684
1,322
1,010
46
173
1, 315
992
50
165
1, 353
994
52
186
1,380
1,048
52
160
1,402
1,071
50
174
1, 345
1,018
55
160
2,101
1,497
113
52
485
338
27
9
511
353
28
13
13
14
15
16
62
11
278
16
2
83
15
3
73
17
3
64
14
3
58
15
3
72
14
4
64
106
83
, 79
7
3
92
113
86
171
24
20
34
26
23
40
32
22
49
31
21
48
23
21
43
26
22
44
6
12
365
2
3
94
1
3
99
17
18
19
202
57
46
14
50
14
47
15
59
14
54
16
51
15
52
11
9
61
11
13
2
16
3
15
3
17
3
17
3
18
2
32
24
7
5
8
6
20
21
602
602
-29
29
g
186
186
-8
193
193
-6
-58
-58
-7
281
281
-8
343
343
-7
318
318
-8
862
807
-427
37°
-182
-182
-28
-28
680
625
-455
-400
45
22
-115
-92
285
269
-130
-114
94
91
-96
-93
256
243
-114
-101
152
139
-116
-103
n.a.
342
n.a.
-92
173
173
-32
-32
60
60
-8
-8
1
1
-8
-8
22
23
24
25
•J^
2
101
-6
-6
26
1
(x)
(X)
(x)
(*)
-6
-2
-3
1
3
-44
4
1
7
45
-3
II
234
38
25
2
-846
-847
-339
-693
107
37
17
24
1
(x\
7
o
n
-468
-468
-119
-348
27
10
19
-57
1
Q
7
7
-305
-305
32
-187
18
-4
-29
-135
-452
-450
-55
-260
30
-3
33
-195
-2
18
14
-54
-61
27
-3
-26
131
4
56
57
-111
-24
23
33
-9
145
-1
-326
-324
-68
-86
30
15
4
-219
-2
-2
4
-1
-2
(x)
-18
-119
-33
-42
-20
-24
-20
-21
-25
-55
-251
-8
-55
-259
-23
-52
-16
-66
-3
68
-13
73
-13
-76
n.a.
-65
(x)
-538
-160
-64
-35
18
-1
21
-99
-378
-556
215
-168
-162
-156
-1
1
-1
7
-12
-6
-6
-706
-322
-220
-36
19
2
28
-111
-384
-562
215
-74
61
7
-13
1
2
-14
78
-135
-124
35
-317
-147
101
-4
-45
-170
-198
44
-113
-52
31
-23
2
3
24
-89
-61
-88
34
8
2
22
-55
-18
-152
102
-79
-112
-30
-13
2
3
-15
-59
33
-80
44
-328
-246
-100
-56
(*)
-3
14
-101
-82
-144
47
-888
-835
68
-164
9
29
-120
-463
-53
-93
61
34
-71
1
-47
7
23
4
-11
22
10
52
17
33
-18
-21
1
,.
°4
on
34
-71
oo
7
8
-202
-184
-157
(x\
48
-2
40
40
34
36
6
42
-22
52
25
-13
14
2
-39
(xx)
-18
2
-3
-17
28
44
12
-8
21
11
-4
-4
(*)
3
25
4
10
13
8
-4
15
23
-2
-25
57
-22
1
5
-24
62
-22
-2
3
-29
-3
30
13
-11
10
4
-8
19
-10
4
10
11
-3
4
-7
-11
5
-28
-1
(*)
-1
-1
1
23
-2
26
26
6
12
22
-14
-11
8
-5
()
1
(x)
6
I
956
156
126
-40
4
( }
IV
155
4
(*)
-11
(x)
III
801
152
126
-2
i
(x)
II
105
91
-1
•t
-8
I
108
83
q
-52
-13
Year
187
86
7
2
i
Line
1963
79
79
7
-2
1964
88
80
99
99
-11
-2
(*)
1963
1963
Japan
87
69
146
146
-9
, n
5,410
55
Latin American Republics and other Western
Hemisphere
441
314
1
1
43
43
-10
10
g
44
3
18
(*)
1
(*)
1963
II
IV
(*)
1964
1963
I
III
II
Latin
Other
Ameri- Western
can Re- Hemipublics sphere
Canada
Eastern Europe— Continued
5
125
-64
-72
(*)
(0
27
28
29
-96
-93
-13
-42
5
-10
-21
-12
-3
-16
26
-312
-253
35
-65
1
-15
-5
-134
-59
-65
17
30
31
32
33
34
35
36
37
38
39
40
-13
-11
41
42
-32
43
-31
1
-3
44
45
46
1
47
6
(*)
-6
(*)
1
125
(*)
(*)
48
49
151
-10
-17
-133
17
-305
-2
59
594
2
-32
12
606
216
167
121
102
27
160
-32
-17
-34
16
3
3
-26
259
59
54
50
51
6
-4
6
-3
5
61
53
151
-27
-116
-307
61
562
12
574
199
133
137
105
30
134
259
59
54
52
6
-4
6
-3
5
-64
-72
151
-27
-116
-307
61
562
12
574
199
133
137
105
30
124
259
59
54
52a
5
-1
-53
164
255
86
76
-253
-495
360
-33
-23
-47
-32
-1
-58
527
-15
297
53
6
-4
11
-5
-5
1
-26 -123
6
-3
-20 -126
26
123
5
170
77
174
-7
-48
225
308
237
49
53
-55
-63
-56
-231
-74
-369
295
257
-100
-253
121
586
12
598
188
127
132
151
38
146
259
59
54
I
-50
-39
67
372
439
166
110
90
73
29
76
786
44
351
II
160
519
-360
159
22
17
42
78
9
70
-527
15
-203
3. For " All areas" equals balance (with reverse sign) of line 23 (less net sales of gold by domestic sources to (+) or purchases from (—) the monetary gold stock of the United States) plus
lines 25, 30, 43, and 53. Domestic sales to (-{-) or purchases from (—) the monetary gold stocks
were in millions of dollars: 1963 I, -15; II, -16; III, -15; IV, -23; 1964 I, -19; II, -22.
-135
-297
III
4. ijine I minus line II for all areas represents gold obtained by foreign central banks and
governments outside the United States.
Source: U.S. Department of Commerce, Office of Business Economics.
SUEVEY OF CURRENT BUSINESS
14
September 1964
Table 3.—United States Balance of Payments—By Area, 1963, and First and Second Quarters, 1964*—Continued
[Millions of dollars]
Japan
Australia, New Zealand and South Africa
1963
1
1964
1963
International institutions and unallocated l
Other countries in Africa and Asia
1964
1964
1963
1963
1964
III
IV
I
II
Year
I
II
III
IV
I
II
Year
I
II
III
IV
I
567
650
676
576
1,167
276
299
260
332
323
376
6,347
674
1,471
203
1,704
290
1,427
55
1,745
126
1,679
157
n.a.
n.a.
318
81
81
74
82
80
77
1
2
2
Year
II
I
II
III
IV
I
II
3
567
650
676
576
1,167
276
299
260
332
323
376
5,673
1,268
1,414
1,372
1,619
1,522
1,578
318
81
81
74
82
80
77
3
4
5
6
449
39
6
522
37
5
550
38
4
453
37
8
846
58
20
194
12
3
211
17
6
199
14
7
242
15
4
244
12
3
275
18
7
3,871
245
32
839
55
6
990
61
8
947
63
12
1,095
66
6
960
62
6
1,048
61
11
160
39
44
34
43
40
43
7
23
29
24
24
89
21
21
21
26
23
22
189
48
43
45
53
56
56
83
20
20
20
23
20
20
4
5
6
7
8
9
2
4
2
10
2
6
2
4
C)
26
3
(*)
11
4
8
(*)
18
C)
9
99
21
24
4
24
7
24
5
27
5
25
12
27
10
11
4
3
3
1
1
(*)
8
9
10
11
12
7
26
11
8
31
6
7
35
10
4
38
6
98
27
3
36
6
1
24
8
1
9
5
1
29
8
(*)
16
6
1
37
8
1,012
53
151
247
12
33
229
13
39
227
14
35
309
14
44
347
16
38
298
17
50
19
45
C)
6
12
(*)
4
10
5
12
4
11
6
12
1
4
10
10
11
12
13
14
15
16
563
413
30
14
542
393
28
16
498
365
30
8
565
420
31
12
841
654
52
12
206
157
14
4
182
139
14
2
247
199
11
3
206
159
13
3
198
150
15
3
198
155
14
3
3,110
2,226
115
105
721
522
24
16
812
573
29
39
797
560
32
39
780
571
30
11
790
571
27
16
866
631
31
31
633
69
405
140
15
98
140
16
101
198
15
105
155
23
101
175
19
99
149
22
102
13
14
15
16
17
18
19
1
3
88
2
3
84
1
3
76
2
4
81
1
8
105
3
25
3
20
5
135
481
1
32
117
2
34
124
1
35
119
1
34
121
1
34
128
1
34
124
73
C)
7
2
(*)
56
8
33
28
3
29
1
3
24
......
1
24
17
18
19
20
21
8
6
9
7
9
6
9
6
6
3
1
1
2
1
1
2
1
1
1
2
1
30
13
6
3
8
3
8
3
8
4
9
4
10
4
15
71
3
17
4
17
4
18
4
19
4
20
3
20
20
21
22
23
24
25
4
4
108
108
178
178
7
-7
11
11
326
326
70
70
13
13
126
126
125
125
-8
-9
-3
117
117
2
-2
-1
-3
-3
178 3,237
750
178 2,563
547
P -2, 308 -613
-3 -1,634 -410
892
602
-721
-431
630
575
-457
-402
965
839
-517
-391
889
732
-578
-421
n.a.
712
n.a.
-486
-315
-315
-145
-145
-59
-59
-13
-13
-59 -124
-59 -124
-33 -19
-33 -19
-73
-73
-80
-80
-95
-95
-21
-21
-72
-72
-61
-61
22
23
24
25
-2
-1
-1
-2
-2
-2
-54
-54
-58
-56
-56
-3
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
7
-9
-7
-2
-7
-6
(*)
-1
-116 -364
-120 -369
-5
-15
-5
-52
3 C)
-8
-39 -55
-9 -308
5
4
-3
-9
6
12
-6
-6
-1
-1
i
-289
-309
-28
-88
-91
-9
13
4
-61
-237
20
-3
25
-19
-67
3
-4
7
(*)
41
42
1
2
43
-5
-2
1
-9
44
45
46
11
6
2
-12
-14
3
4
-5
47
-2
-4
-3
-2
g
-6
-1
(*)
-1
-82
-114
-111
— 17
15
-10
28
-19
32
(*)
17
-15 -59
-16 -78
-13 -49
— 17
2
2
-1 -14
i
1
1
-5
1
19
(*)
8
26
18
11
-34
-38
-60
-17
-20
-31
5
2
4
-4
8
6
3
24
-11
4
2
2
-5
12
3
15
(*)
11
-3
34
4
1
5
-1
28
-1
-7
(*)
-7
5
(*)
8
4
4
-1
3
-222
-56
-674
(*) -1,339
-1
-73
-203
-335
-19
-290
-359
-18
-55
-330
-18
-126
-315
-18
-157
-347
-18
na
-411 -142
-19
-25 -1,701
-28
-387
-28
-236
—68
4
10
4
7
3
-14
-11
-86
3 -1,314
— 1 144
3
122
-335
-43
-21
— 18
1
-1
25
-29
-292
—309
34
-476
-97
-89
— 17
4
-2
-9
16
-379
-283
26
-268
11
-27
— 11
2
20
4
23
-279
-290
36
-622
-258
-99
—22
3
-10
-34
-96
-364
-262
26
-373
-94
-2
— 24
1
1
-5
-65
-279
-344
50
-453 -145
-200 - 70
-140 -27
-30
1
12
-55
-5
-26
-253 -75
-418 -78
5
38
-292
-17
-122
-25
-128
15
-6
56
10
62
-5
-11
3
4
-1
-1
23
32
(*)
-10
4
3
5
26
-3
-13
-33
-19
-56
-56
3
-39
-29
-34
7
7
1
5
-63
2
2
3
3
-1
1
-10
-7
-6
2
-21
-61
-57 -14
8 -23
3 -25
—4
2
3
3
3
-10
-9
-19
(*)
9
(*)
-1
-1
-77
3
2
30
31
32
33
34
35
36
37
38
39
40
7
41
42
(*)
-65
-65
8
2
4
7
1
6
-3
29
3
(*)
-2
-1
7
(*)
(*)
2
30
8
31
-3
-6
11
5
48
127
-2
4
-3
-3
-4
3
79
4
-16
7
3
-13
C)
2
1
(*)
5
-1
23
(*)
-1
-7
—1
56
4
(*)
6
(*)
7
-22
84
5
11
43
44
45
46
6
(*)
6
(*)
5
5
78
-1
1
49
77
69
-4
-9
38
3
11
36
-17
-13
-5
-77
-69
-69
50
24
9
-15
25
5
-7
9
99
-31
18
74
38
150
140
51
25
-34
102
230
58
-40
-75
5
69
-39
81
71
52
11
-12
36
-17
219
126
25
-34
102
230
58
-40
-75
5
69
-39
81
71
52a
-91 -144
497
62
218
134
83
-164
166
566
199
142
60
165
44
61
53
-14
220
131
25
-33
97
227
69
8
-59
7
114
-54
78
80
I
-45 -118 -108 -144
716
188
243
100
185
66
224
457
109
131
114
103
106
110
II
-496
-57
-218
-133
-88
161
-157
-28
-30
III
77
69
-9
-54
38
53
49
196
126
148
-307
I
77
69
-9
-54
187
63
60
126
265
117
94
-269
-45
-61
-49 -196
-126
-148
456
108
121
237
126
52a
See footnotes on pages 12 and 13.
97
219
-54
-48
-59
-17
-9
3
40
36
69
3
117
-12
77
38
-44
49 -139
195
11
52
II
-12
—50
51
III
47
48
5
49
50
27
28
29
-72
-33 -154
35
80
29
147
-16
92
130
-155 -449 -168 -124
September 1964
most important factors exerting a
positive influence on imports over that
period seem to have been the demand
for final goods and for inventory
accumulations in the United States,
while increases in business activity in
other industrialized countries appear
to have had a negative effect. Changes
in overall import prices generally have
caused imports to move in the same
direction.
Most of the first quarter lag in imports was overcome during the second
quarter as imports moved closer to the
point that could be expected on the
basis of these historic relationships.
This explains a part of the import rise.
The other part of the rise can be attributed to the increase in final demand
in the United States, the acceleration
in inventory accumulations and the
slowdown in demand and production
abroad. Overall import prices remained
stable.
The changes by type of commodity
were reflected in the area composition
of imports. Most of the increase came
from the countries exporting chiefly
manufactured goods: Western Europe
and Japan. Imports from Canada,
consisting partly of manufactures, and
partly of industrial materials, also expanded more than proportionally.
The rise in imports from Latin
America was much smaller. Although
the value of coffee imports was higher
due to the recent increase in prices,
other foodstuff imports, such as meat
and sugar, fell off. Imports from other
developing countries held their previous
share, partly because their products,
particularly coffee, were substituted for
some of those previously obtained from
Latin America.
The trade balance declined from the
first to the second quarter by $280
million after seasonal adjustment; if
exports financed by Government grants
and capital outflows are omitted the
decline was $380 million. This change
thus accounts for the largest share of
the deterioration by about $450 million
in the seasonally adjusted balance on
regular transactions.
Services and capital transactions
Transactions in services and investment incomes were also less favorable
than in the first quarter, as tourist
SURVEY OF CURRENT BUSINESS
expenditures and related payments for
transportation continued to move up
while receipts from foreign investments
declined. The latter had been exceptionally high in the previous quarter.
Some deterioration also occurred in
military transactions, mainly because of
a decline in deliveries on outstanding
orders. A higher cash outflow under
foreign assistance programs followed a
relatively low outflow earlier in the
year, and does not indicate a change in
the longer run trend.
The outflow of U.S. private capital
which in the first quarter was already
15
high by recent experience advanced
still further after seasonal adjustment,
although only by the moderate amount
of $40 million, and reached about $1.4
billion.
Second quarter direct investments
which continued at the first quarter
rate of more than $500 million include
a $50 million purchase by an American
corporation of a European enterprise
and two major liquidations of investments in Canada totaling $75 million.
One of the latter transactions, involving $40 million, represented a shift from
direct to other long-term investments
Table 4.—Analysis of Government Grants (Excluding Military) and Capital Outflows and
Changes in Government Liabilities
[Millions of dollars]
1964
1963
Line
Item
Total
1
11
III
IV
I
II v
Not adjusted for seasonal variations
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Government grants and capital outflows:
Under farm products disposal programs
Under Foreign Assistance Act and related programs
Under Export-Import Bank Act
Subscriptions to IDA and IDE
Other assistance programs
.
Foreign currency claims acquired in the collection of —
Principal
Interest
Less: Foreign currencies used for U.S. Government uses
other than grants or loans
Advances under Exchange Stabilization Fund agreements ,
net
Other, net (including changes in administrative cash holdings)
Total, Government grants and capital outflows (not seasonally adjusted) (table 3, lines 28+39+42)
Changes in Government liabilities other than interest-bearing
securities :
Associated with Government grants and capital outflows
Non-interest-bearing securities issued to IDA
Non -interest-bearing securities issued to IDE
Non-interest-bearing securities issued to UN for special
programs
Foreign funds retained in Government accounts, to be
used for purchases in the United States
Other _ .
Associated with military exports J
Miscellaneous Government nonliquid liabilities (deposit
and trust accounts) _ _ _
Total, changes in Government liabilities other than interest-bearing securities (table 3, line 47)
1,668
2,145
509
62
97
382
510
105
575
588
178
323
495
83
27
24
94
148
31
33
29
41
231
65
57
59
399
442
88
21
388
552
143
62
25
31
495
524
106
50
40
19
33
15
41
23
38
19
46
50
88
101
-13
-12
1-
25
29
7
2
5
1
-4
12
-4
-15
4,522
1,053
1,381
929
1,159
906
1,175
94
14
17
-15
-22
32
60
36
-12
10
-22
25
43
-1
23
18
-1
20
13
-6
-5
21
11
80
-16
-3
239
-5
-6
151
-15
-1
76
43
36
1
334
1
429
(*)
37
1
2
-2
4
-19
114
297
143
(')
-66
Adjusted for seasonal variations
21
22
23
24
25
26
27
28
29
30
31
32
33
Total, Government grants and capital outflows (seasonally
adjusted) (table 1, line 1-6)
Less: Estimated transactions involving no direct dollar outflows from the United States
_.
Expenditures on merchandise in the United States
_
Expenditures on services in the United States -_ _
Military
sales financed by credits (including short-term,
1
net)
_._ ...
Refunding of Government loans
Government loans to repay private credits
Increase in Government liabilities associated with Government grants and capital (including changes in retained
accounts)
Equals: Estimated dollar payments to foreign countries and
international institutions through Government grants and
capital operations
Total, changes in Government liabilities other than interest-bearing securities (seasonally adjusted)
Change in liabilities associated with Government grants and
capital outflows (line 28, above)
Change in liabilities for advances on military exports (table 1,
line B-2 and table 2, memorandum line 4)
Change in miscellaneous Government nonliquid liabilities
(table 1, line A-ll and table 2, line B-9)
4,522
1,060
1,336
1,009
1,117
923
1,130
3,635
2,720
601
809
595
153
1,081
827
168
815
627
129
930
671
151
776
632
135
929
733
145
17
170
33
-2
43
10
33
33
5
19
4
75
-10
28
94
20
10
35
29
-9
35
887
251
255
194
187
147
201
-41
(')
16
429
40
6
117
266
146
94
20
10
35
29
-9
35
334
20
-5
80
239
151
-76
1
2
-2
4
1
(«)
p Preliminary. * Less than $500,000.
1. The entries for the four quarters of fiscal year 1964 for military transactions are based upon incomplete reports.
Source: U.S. Department of Commerce, Office of Business Economics.
(*)
SUKVEY OF CUEKENT BUSINESS
16
which are included as debits in line 36
of table 3 and line 111 in table 1.
The direct investment outflow of
Europe accounted for about 60 percent
of the total. About half of that
(including the $50 million mentioned
above) was invested in manufacturing
companies and large amounts were also
reported by oil companies.
The large capital outflow of $140
million to the less-developed countries
of Asia and Africa shown in table 3
represent in part long-term investments
by oil companies but may include also
the financing of receivables of their
foreign affiliates. Some of these capital
outflows, therefore, may have provided
temporary funds to oil consuming
countries, presumably mostly in
Europe. Although some of this outflow of capital through direct investments has a short-term character, this
was offset by inflows, particularly
from Canada, which also seem to be of
that type.
Several large investments in foreign
companies have been announced recently. In view of these developments
it does not seem that the direct investment outflow during the first half
of the year has been out of line with
what can be expected in the near future.
Purchases of new issues of foreign
securities placed in the United States
increased from $127 million in the first
quarter to $286 million in the second.
About $100 million of the $160 million
increase were Canadian. Of the remainder, $50 million were bonds sold
by the Inter-American Development
Bank. Purchases of Canadian new
issues, totaling $187 million, included
$50 million representing the last portion
of a $300 million issue negotiated early
in 1963. The same amount of that
Table 5.—U.S. Short-Term Private Capital, 1963 and 1st Half 1964, by Country and Type
[Millions of dollars]
Amount
outstanding end Calendar
year
of June
1964
1963"
Total short-term capita] outflow (table 3, line 37, p. 12) _.
Seasonally adjusted (table 1 line 1-12} _
Total reported by U.S. banks 2
Seasonally adjusted
_ _ _ __
_
Major financial centers, total
United Kingdom
EEC and Switzerland
Canada
By type:
Commercial and financial claims payable in dollars
Foreign currecny deposits and claims
Other countries, total
Japan
Latin American Republics Other
_
By type:
Commercial and financial claims payable in
dollars
Foreign currency deposits and claims
Total reported by nonfinancial concerns
Seasonally adjusted _ _ _
Claims of commercial enterprises 3
Major financial centers, total
United Kingdom
EEC and Switzerland
Canada
__ _
Claims payable in dollars
Foreign currency deposits and claims
Other countries, total
Claims payable in dollars __ _
Foreign currency deposits and claims
Claims of brokerage concerns
r
_
Changes * (decreases (— ))
1964
1963 '
I
II
III
IV
UP
Ir
9,286
734
-61
-36
532
562
-99
-4
362
212
585
610
591
621
6,799
742
-77
-62
402
492
-74
41
491
271
414
429
537
627
1,670
341
495
834
61
4
-28
85
-46
-24
-43
21
207
-9
108
108
-177
7
-84
-100
77
30
q
56
69
-35
23
81
350
151
56
143
1, 053
617
36
25
-28
-18
97
110
-82
-95
49
28
25
44
222
128
5,129
2,469
1,722
938
681
431
97
153
31
11
-72
30
195
120
38
37
103
19
89
-5
414
281
42
91
345
228
53
64
187
69
80
38
5.013
116
662
19
-37
6
195
(*)
97
6
407
7
343
2
166
21
2,487
-8
2,374
-31
16
26
16
130
70
118
-25
-45
-25
-129
-59
-140
171
181
171
54
-6
49
1,400
262
332
806
-120
-15
5
-110
-9
-46
(')
37
97
5
4
88
-13
18
(')
31
-195
8
1
-204
141
2
4
139
14
39
-10
15
-82
-38
21
-30
116
-19
-34
21
-185
-10
79
62
974
n.a.
n.a.
89
94
-5
25
24
1
21
3
18
-12
-13
1
55
80
-25
30
-11
41
113
23
n.a.
n.a.
12
11
n.a.
n.a.
35
n.a.
n.a.
5
Revised.
» Preliminary.
n.a. Not available.
* Less than $500,000.
1. Changes adjusted for variations in coverage and therefore do not necessarily correspond to changes computed from reported amounts outstanding.
2. Excludes Exchange Stabilization Fund holdings.
3. 2d quarter 1964 estimated on the basis of partial preliminary reports; amount outstanding at the end of June 1964 estimated on the basis of figures for the end of March 1964 plus the preliminary data on movements during the 2d quarter of 1964.
September 1964
issue had also been purchased in the
first quarter. Most of the other securities were issued by public authorities
or local governments.
After seasonal adjustment total new
foreign issues were about $250 million.
While this is the largest amount since
the interest equalization tax was proposed, it was not much more than half
of the average amount purchased during
the three quarters preceding that proposal. The balance of payments effects
of these changes should be evaluated
not only on the basis of the decline in
new issues since that time, but also by
taking into consideration that funds
transferred to Canada are more likely to
return to the United States than those
transferred elsewhere.
Transactions in other foreign securities changed to net liquidations after
the interest equalization tax was proposed, and these reached a peak in the
first quarter. In the second quarter
net sales have declined, but compared
with the first half of 1963 the effect of
the tax on such transactions would still
be well over $100 million.
The net outflow of funds through
long-term bank loans was only $67
million as against $230 million in the
first quarter, and $320 million (omitting
a large transfer of receivable by banks
from a commercial enterprise) in the
last quarter of 1963. After adjustment
for seasonal variations the decline was
even greater, but the outflow of shortterm funds reported by banks nearly
compensated for this decline.
The composition of this short-term
outflow was somewhat different than in
previous quarters. While formerly
most of the short-term capital outflow
reported by banks was in the form of
loans and acceptance credits, the second
quarter outflow of $537 million (before
seasonal adjustment) included only
an increase of about $190 million in
that form. About $200 million was in
other forms of U.S.-dollar claims including U.S.-dollar deposits, and nearly
$150 million in foreign currency assets
such as deposits and other liquid investments. A large part of these types
of assets reported by banks are held
by them for their domestic customers.
The largest part of the rise in dollar
September 1964
and foreign currency deposits occurred
in June, and much of that was reversed
again in July. The total reduction
during July in short-term assets reported by banks was over $170 million,
which would support trie supposition
that a large part of the second quarter
outflow of bank-reported capital was
for very short-term purposes, perhaps
associated with financial reports of the
borrowers due at the end of June, or
with a temporary increase in financial
stringencies abroad.
The moderate second quarter rise
in U.S. capital outflow was roughly
equal to an increase in capital inflows
resulting from higher net purchases
by foreigners of U.S. securities, but
the latter change may be interpreted
as a return from an exceptional situation in the first quarter (when special
transactions resulted in relatively large
foreign sales), rather than a basic
change in these transactions.
Major changes in area balances
The economic developments here
and abroad affected mainly our transactions with Western Europe. A large
part of the adverse change in the
balance with Western Europe was in
transactions in goods and services.
There was also a considerable increase
in the outflow of private capital, particularly of short-term funds, but some
of these have returned in July. Omitting these movements of short-term
funds and the "special types" of
Government transactions, the second
quarter balance on the remaining transactions with Western Europe approximately equalled that for the second
quarter of 1963. The balance in the
first quarter of 1964 (partly because
of various temporarily favorable conditions) was considerably better than
a year earlier.
Some deterioration occurred also in
the transactions with the less developed
countries. These changes were partly
offset, however, by an improvement
in our balances with Canada, with
Australia, New Zealand and South
Africa (viewed as one area), and with
Japan.
As a result of parallel changes in
transactions both with the United
SURVEY OF CUEKENT BUSINESS
States and with other countries, the
total of Western Europe's official monetary reserves (including convertible
special government securities and net of
convertible currency holdings of U.S.
monetary authorities) and of privately
held liquid dollar assets increased in
the second quarter by about $800
million, not much less than in the
corresponding period of 1963. This
was a considerable change from the
first quarter of 1964 when Western
Europe had net losses of nearly $200
million compared with gains of close
to $400 million a year earlier. All of
the rise in European liquid assets was
in official reserves, as those attributed
by U.S. banks to foreign private
holders remained virtually unchanged.
Gold and dollar gains of the less
developed countries in Latin America,
Asia and Africa continued, and were
slightly more than in the corresponding
period a year earlier.
Thus, the second quarter change in
the international payments pattern was
again characterized by large net payments by the United States and
corresponding net receipts by Western
Europe. This would indicate that the
balance of payments problem, while
17
less severe than in previous years, continues to require serious attention.
The sharp rise during the second
quarter in official reserve position of
European countries did not result in
increased demands for gold from the
United States. The transfer of funds
to Europe was accomplished partly
through the use by U.S. monetary
authorities of convertible currencies.
Some of these had been previously
accumulated and some were newly
drawn from the IMF. In addition,
European countries made further net
purchases of U.S. convertible, nonmarketable medium-term Government
securities. A major element in the
limited European demand for U.S.
gold was also the very large sale of gold
by the Soviet Union to finance its
purchases of grain. Most of that gold
was added to European official gold
reserves, which rose during that period
by nearly $400 million. This corresponds to about half of the net gain in
the European official reserve position.
As a result of these transactions, European holdings of U.S. banks balances
and of U.S. money-market securities
did not increase during the quarter.
Table 6.—Changes in Short-Term Official and Banking Liabilities and in Foreign Holdings
of Marketable U.S. Government Bonds and Notes
[Millions of dollars]
Changes during period
Amount
outstand- Calendar
year
ing end of
June 1964 1963
I Total (decrease -) (line 50, p. 12) 1
II By foreign holders:
1. Foreign central banks and governments, total
a. As reported by U.S. banks. _ _
b. Other
2. Foreign commercial banks 2.
3. International and regional institutions 1
4. Other foreigners and undetermined
III By type of liabilities :
1. Deposits in U.S. banks
2. U.S. Government obligations:
a. Bills and certificates payable in dollars
b. Bonds and notes (marketable)...
c. Nonmarketable certificates payable in foreign currencies
r
1963
I
II
1964
III
IV
Ir
HP
25, 623
1,564
323
917
192
132
-166
199
13. 337
12, 095
1, 242
970
504
466
-74
-178
104
773
592
181
145
15
130
126
75
51
-399
-452
53
85
80
5
6,053
2.655
3, 578
438
-238
394
386
-65
76
75
-46
115
-31
-15
93
8
-112
110
284
-85
34
86
-26
54
12, 016
1,131
428
451
56
196
308
1
7,941
2.664
-641
671
-422
128
212
240
-153
215
-278
88
-582
-2
-167
-76
-23
-25
30
31
92
100
132
430
6
7
-4
-22
11
30
-18
3. Time deposit certificates, bankers acceptances, commercial paper, and other liabilities
2,879
412
4. Other banking liabilities payable in foreign
currencies
93
9
189
Revised. v Preliminary.
* Less than $500,000.
1. Excludes dollar holdings of the IMF except for those acquired by the IMF through gold sales to the U.S. with the option
to reverse the transaction. These transactions amounted to $200 million in 1956, $300 million in 1959 and $300 million in 1960;
and the corresponding liabilities of $800 million at the end of 1963 are included in the total liabilities and in those shown to
international and regional institutions. Other dollar assets of the IMF at the end of June 1964 were $3,339 million.
2. Includes banking liabilities to foreign official institutions held through foreign branches of U.S. banks and through foreign
commercial banks.
SUKVEY OF CURRENT BUSINESS
18
September 1964
National Income and Corporate Profits
Table 4.—National Income by Corporate and Noncorporate Form
of Organization (1-14)
Table 1.—National Income by Type of Income (1-8,1-9)
[Billions of dollars]
1963
1961
1962
1963
II
III
[Billions of dollars]
1964
IV
I
II
1964
1963
Seasonally adjusted at annual rates
1961
426.9
455.6
478.5
474.6
481.9
490.0
498.4
507.1
Compensation of employees
Wages and salaries _ _
Private
Military
Government civilian
Supplements to wages and
salaries _ _
Employer contributions for
social insurance
Other labor incomp
Employer contributions
to private pension and
welfare funds
Other
302.2
278.8
227.0
10.2
41.6
323.1
297.1
241.6
10.8
44.7
340.3
312.1
252.9
10.9
48.3
338.1
310.1
251.6
10.7
47.8
342. 7
314.3
255.0
10.7
48.7
347.7
318.8
257.6
11.7
49.6
352.5
323.2
260.8
11.7
50.7
358.6
328.7
265. 3
11.7
51.7
Proprietors' income
Business and professional
Income of unincorporated
enterprises
Inventory valuation adjustment
Farm
National income.
Rental income of persons
23.4
25.9
28.2
27.9
28.4
28.8
29.4
29.9
11.8
11.6
13.6
12.3
15.1
13.1
15.0
13.0
15.2
13.2
15.4
13.4
15.7
13.7
15.9
14.0
9.2
2 4
9.7
2 6
10.4
2 7
48.2
35.3
49.8
36.6
50.6
37.6
35.3
36.6
37.6
.0
12.9
.0
13.2
.0
13.0
12.2
12.2
12.3
50.1
37.3
50.7
37.8
51.5
38.3
51.2
38.6
51.7
39.1
12.8
12.9
13.2
12.6
12.6
12.3
12.4
12 A
12.4
12.4
Corporate profits and inventory valuation adjustment- Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment
44.1
44.2
22.3
21.9
15 2
6.7
48.4
48.2
23.2
25.0
16.5
8.5
50.8
51.3
24.6
26.7
18.0
8.7
50.2
51.1
24.5
26.6
17.7
8.9
51.4
51.3
24.5
26.7
17.9
8.9
53.1
54.3
26.0
28.3
19.1
9.2
56.4
56.6
25.4
31.2
19.4
11.8
57.9
57.9
26.0
31.9
19.8
12.1
-.1
.3
-.4
-.9
.2
-1.2
-.2
-.1
Net interest
20.1
22.1
24.4
24.0
24.7
25.4
25.9
26.5
1962
II
1963
III
I
IV
II
Seasonally adjusted at annual rates
National income
Income originating in corporate
business
426.9
455.6
478.5
474.6
481.9
490.0
498.4
507.1
228.6
245.7
257.5
255.9
259.7
263.9
268.6
273.8
218.3
198.0
198.9
180.9
208.5
189.2
207.5
188.3
210.0
190.6
212 A
192.7
214.7
194.7
18.0
19.3
19.2
19.4
19.7
20.0
20.3
45.9
45.6
23.2
22.4
48.3
48.8
24.6
24.2
47.7
48.6
24.5
24.1
48.9
48.8
24.5
24.2
50.7
51.9
26.0
25.9
53.1
53.3
25.4
27.9
54.8
54.8
26.0
28.8
-.1
.3
-.4
-.9
.2
-1.2
-.2
-.1
.9
.9
.7
.7
.7
.7
.7
.8
198.4
210.0
221.0
218.7
222.2
226.1
229.8
233.3
Compensation of employees ._ 185.9
Wages and salaries
169.7
Supplements to wages and
16.1
salaries
Corporate profits and inventory valuation adjustment J
Profits before tax l
Profits tax liability
Profits after tax 1
Inventory valuation adjustment
Net interest
Income originating outside corporate business
41.8
41.9
22.3
19.6
1. Excludes profits originating in the rest of the world.
Table 5.—Sources and Uses of Gross Saving (V-2)
[Billions of dollars]
1964
1963
Table 2.—National Income by Industry Division (1-11)
1961
[Billions of dollars]
1963
1961
1962
1963
II
III
426.9
455.6
478.5
474.6
481.9
—m
IV
I
490.0
II
498.4
IV
I
II
Seasonally adjusted at annual rates
507.1
18.4
18.9
18.9
18.7
18.8
19.0
18.5
18.6
Manufacturing
119.9
70.4
Durable goods industries
Nondurable goods industries- 49.5
Wholesale and retail trade
69.5
Finance, insurance, and real
estate
44.5
Transportation
18.0
Communications and public
17.6
utilities
130.8
78.5
52.3
73.8
137.4
82.9
54.4
77.4
136.9
82.7
54.1
76.7
139.0
83.5
55.5
77.3
140. 6
85.4
55.2
79.5
144.2
87.0
57.1
80.2
147.4
88.8
58.6
81.5
Services
Government and government
enterprises
Other
1963
1964
Seasonally adjusted at annual rates
All industries, total
Agriculture, forestry, and fisheries
1962
46.3
18.8
48.7
19.5
48.2
19.6
49.0
19.7
50.0
19.7
50.3
19.7
50.8
20.1
18.6
19.3
19.0
19.5
19.7
19.8
20.1
52.0
55.6
59.5
58.9
60.2
60.9
62.2
63.7
56.3
30.7
60.3
32.4
64.5
33.4
63.6
33.0
64.7
33.7
66.8
34.0
68.0
35.6
69.1
35.8
Gross private saving
Personal saving
Undistributed
corporate
profits __
-J
Corporate inventory valuation adjustment
Capital consumption allowance
Excess of wage accruals over
disbursements
Government surplus on income
and product transactions
78.5
85.3
86.7
85.6
87.2
89.6
93.7
100.4
27.3
27.8
27.5
27.1
27.0
29.9
29.5
35.2
6.7
8.5
8.7
8.9
8.9
9.2
11.8
12.1
-.1
.3
-.4
-.9
.2
-1.2
-.2
-.1
44.5
48.7
50.8
50.5
51.2
51.7
52.5
53.1
.0
.0
.0
.0
.0
.0
.0
.0
-4.2
-1.9
.9
1.6
1.7
3.3
.0
-6.7
Federal
State and local
-4.3
.1
-4.1
2.1
-1.5
2.4
-1.0
2.6
-.7
2.4
.6
2 7
-2.4
2.4
-9.0
2.3
Gross investment _
71.8
81.5
84.8
82.9
85.4
91.1
92.1
91.3
68.8
3.0
79.1
2.4
82.0
2.8
80.2
2.6
82.8
2.6
87.1
4.1
85.9
6.2
87.2
4.1
-2.6
-1.8
-2.7
-4.3
-3.5
Gross private domestic investment
Net foreign investment
Statistical discrepancy
-1.8
-1.6
-2.4
Table 3.—Corporate Gross Product
Table 6.—Corporate Profits (Before Tax) and Inventory Valuation
Adjustment, by Broad Industry Groups (VI-10)
[Billions of dollars]
1963
1961
1962
1963
II
III
1964
IV
I
[Billions of dollars]
II
Corporate gross product
.
Indirect taxes
Capital consumption allowances
Income originating in corporate business.
.
Compensation of employees
_. _
Net interest
Profits before tax, including inventory
valuation
adjustment l
286.2
309.0
323.9
321.7
326.5
331.7
337.4
343.7
30.7
32.9
34.6
34.2
34.7
35.4
35.8
36.5
26.9
30.5
31.8
31.6
32.1
32.4
33.0
33.4
228.6
245.7
257.5
255.9
259.7
263. 9
268.6
273.8
185.9
.9
198.9
.9
208.5
.7
207.5
.7
210.0
.7
212.4
.7
214.7
.7
218.3
.8
41.8
45.9
48.3
47.7
48.9
50.7
53.1
54.8
1961
1
Excludes profits originating in the rest of the world.
1962
1963
II
III
IV
I
II
Seasonally adjusted at annual rates
All industries, total
Manufacturing
Durable goods industries. - _ _ _
Nondurable goods industries.
Transportation, communications, and public utilities. _
All other industries
196 4
1963
Seasonally adjusted at annual rates
44.1
48.4
50.8
50.2
51.4
53.1
56.4
57.9
21.7
10.9
10.8
24.7
13.2
11.5
26.7
14.4
12.3
26.6
14.5
12. 1
27.8
14.7
13.1
27.8
15.4
12.4
30.6
16.6
13.9
31.7
17.0
14.8
7.3
8.0
8.4
8.3
8.4
8.7
8.5
8.8
15.1
15.7
15.7
15.3
15.2
16.6
17.4
17.4
SURVEY OF CURRENT BUSINESS
September 1964
ONP by Major Industries, 1968
NEW data on gross product originating
by industry indicate that the increase
in the Nation's total output from 1962
to 1963 was widespread. Relative
advances in output of the component
industries were generally within a range
of 2 to 5 percent.
The latest figures, as well as revised
statistics for 1961 and 1962, are shown
in Tables 1 and 2. These tables,
together with those appearing in the
October 1962 SURVEY,1 provide a continuous annual series on gross product
by industry starting with 1947.
Gross product originating in an
industry represents the contribution of
that industry to total GNP. Industry
gross product may be measured as the
amount by which the total value of
output of an industry exceeds the value
of materials and services it buys on
current account from other industries.
The industry's contribution to GNP
may also be derived by summing the
respective factor payments (employee
compensation, profits, net interest, etc.)
and the nonfactor costs of production
(indirect business taxes, depreciation,
1
"GNP by Major Industries," SURVEY OF CURRENT
BUSINESS, October 1962, pp. 6-18.
etc.). Concepts and methods underlying the industry gross product series
were described in the October 1962
SURVEY; an explanatory note is
available upon request to the Office
of Business Economics.
Total GNP, as measured in current
dollars, in 1963 rose to $583.9 billion,
5 percent above 1962. The 1962-63
gains in the goods producing industries
—agriculture, mining, construction, and
manufacturing—and in transportation
and public utilities were below average,
while the relative increases for all
other industries were larger than for
total GNP.
Measured in terms of physical volume, the 1962-63 increase in national
output amounted to about 3% percent,
since prices rose about 1% percent.
The relative changes in real product
for the industry groups ranged from
2.3 to 5.2 percent—except for contract
construction, which rose less than 2
percent, and for communications and
public utilities, both of which advanced
more than 7 percent.
The 1962-63 increase in total GNP
prices is the resultant price changes by
industry that were mixed both in direc-
19
tion and in amount. Continuing their
postwar trend, prices for construction,
services and government showed the
largest relative increases from 1962 to
1963.2 On the other hand, prices
declined in agriculture, mining, transportation, communications, and public
utilities.
Percent Change in GNP, Current and
Constant (1954) Dollars, By Industry,
1962-63
Current
dollars
Constant
dollars
Implicit
deflator
All industries, total GNP..
5.0
3.4
1.5
Agriculture, forestry, and fisheries
Mining
-.
Contract construction
Manufacturing
_
1.3
.8
4 2
4.5
3.5
2.7
1.6
3.3
—2.2
-1.8
2.6
1.1
5.2
4.1
1. 1
5 4
5.2
4.8
7.3
.2
-1.8
-2.1
66
7.7
3.7
-3.3
2.8
7.8
2.3
5.3
Wholesale and retail trade.
Finance, insurance and real
estate
Transportation
Communications _
2.9
5.1
Public utilities
..
Services
Government and Government
enterprise
..
4.1
The revised 1961 and 1962 figures
reflect the new national income and
gross national product totals which
were published in the July 1964 SURVEY,
as well as more comprehensive statistical information now available for
measuring output by industries. The
new information includes the Census
Bureau's Annual Survey oj Manufac2
The qualifications regarding implicit deflators generally ,
and for these industries particularly, were discussed in the
October 1962 SURVEY.
Table 1.—Gross Product in Constant Dollars, by Industry
Billions of 1954 dollars
All industries, total (GNP)
Agriculture, forestry, and fisheries
Farms..
_
Mining
Contract construction
__ _ _
Manufacturing
Durable goods industries
Nondurable goods industries.
Wholesale and retail trade
Finance, insurance, and real estate
Finance and insurance
Transportation
.
Railroads
Communications
Public utilities
Services
Households and institutions
„ Government and Government enterprises
General government
Rest of the
world
Residual 2
Indexes of gross product in 1954 dollars
(1954 = 100)
1958
1959
1960
1961
1962
1963
401.3
428.6
439.9
447.9
476.4
492.6
110.5
118.0
121.2
21.8
20.9
10.2
18.4
109.7
58.3
51.4
71.3
50.0
14.4
19.3
8.3
8.6
11.6
40.4
14.5
38.0
33.4
2 2
21.7
20.8
10.6
19.5
121.8
66.6
55.2
77.1
52.2
15.2
21.1
8.6
9.2
12.9
42.6
15.1
38.6
33.8
2 3
-1.0
22.8
21.8
10.8
19.0
122.0
66.9
55.1
77.6
54.7
16.1
21.6
8.6
9.8
13.8
44.7
16. 1
39.7
34.7
2 3
1. 1
22.8
21.8
11.0
18.6
122.0
65.8
56.1
78.0
56.8
16.4
21.5
8.4
10.2
14.6
46.4
16.7
40.7
35.5
3.0
2.3
22.8
21.8
11.2
18.7
134. 1
74.1
60.0
82.6
59.5
17.2
22.7
8.8
10.9
15.6
48.5
17.3
42.7
37.3
3.3
3 7
23.6
22.6
11.5
19.0
138.5
n.a.
n.a.
86.0
62.6
n.a.
102.3
103. 0
106.3
106.4
105.7
97.8
116.3
109. 7
121.1
122.0
107. 2
102.5
132.3
139.8
119.2
128. 3
103.8
103. 4
137.5
101.9
102.5
110.4
112.7
117.3
111.7
124.8
118.6
126.4
128.8
117.2
106.2
141.5
155.4
125.7
133.6
105.5
104.6
143.8
107.0
107.4
112.5
109.8
117.5
112.2
124.7
119.4
132.4
136.4
120.0
106.2
150.8
166.3
131.9
142.5
108.5
107.4
143.8
-.2
1. Calculated by dividing the total gross product in current dollars by the- corresponding
gross product in constant (1954) dollars; due to rounding may differ from deflators hitherto
published for farms, households and institutions, and general government.
2. Represents GNP measured as sum of final products minus real GNP measured as sum of
90 o
/O. O
n.a.
11.7
16.8
50.3
18.2
43.7
38.1
3.3
1 7
1958
1959
1960
1962
1963
115.8
116.7
118.5
99.1
97.2
104.5
130.6
114.7
119.5
109.3
117.3
114.3
115.2
104.2
94.0
106.9
94.5
124. 1
122.8
138.3
142.8
96.7
100.9
98.6
105.4
138.5
114.5
119.0
108.8
118.4
115.0
112.2
104.8
92.0
107.3
93.6
127.6
126.0
141.7
146.1
97.0
98.7
96.0
103.5
142. 1
115.8
n.a.
n.a.
119.7
115.2
n.a.
102.9
n.a.
105.1
90.5
131.2
129. 1
149.2
152.8
97.0
1958
1959
1960
1961
135.7
110.8
112.6
114.2
110.8
111.3
119.8
109.8
133.4
n.a.
n.a.
132.3
151.6
n.a.
132.2
n.a.
180.0
202.4
148.4
161.1
119.4
118.0
206.3
103.2
101.9
103.9
117.4
110.2
116.3
103.3
110.9
107.4
106.3
107.8
101.2
102.3
95.7
115.1
112.4
123.2
125.7
95.5
97.2
96.2
104.7
120.0
112.5
118.3
105.4
112.1
110.3
111.2
103.3
96.5
104.3
93.8
119.5
115.9
128.0
130.5
95.7
97.4
95.9
105.6
124.7
114.5
119.1
108.9
114.7
112.1
111.8
102.8
94.2
105.1
94.9
121.5
120.5
133.2
136.3
100.0
1962
1963
123.4
131.2
107.0
107.4
114.6
107.5
117.5
110.4
126.9
120.0
137.5
139.0
119.4
103.7
156.9
175.9
136.9
147.8
111.2
109.9
187.5
107.0
107.4
116.7
108.1
129.2
124.3
135.7
127.1
144.1
145.8
126. 1
108.6
167.7
188.0
143.1
153.1
116.7
115.5
206.3
1961
Implicit price deflators, index numbers
(1954=100) i
industry products. Does not include the statistical discrepancy, as shown in the published
GNP accounts, since industry real product has been calculated using industry totals adjusted to include a proportional share of the discrepancy.
Source: U.S. Department of Commerce, Office of Business Economics.
SURVEY OF CURRENT BUSINESS
20
lures through 1962, the detailed reports
of the Federal Power Commission, the
Interstate Commerce Commission, and
other basic source materials which were
either not available earlier or have been
revised since the 1961 and 1962 estimates were prepared. These new
source data, however, caused only
September 1964
minor revisions in the current and constant dollar figures on industry gross
product previously published in the
September 1963 SURVEY.
Table 2.—Gross Product in Current Dollars, by Industry
[Billions of dollars]
CapCapEmEmital
Indiital
Total ployee Net
conrect Profitployee Net
conG N P ) cominter- sump- busi- type Total cominter- sumppensa- est
tion
ness income
pensa- est
tion
tion
tion
allow- taxes
allowances
ances
All industries, total (GNP)
1958
1959
1960
1961
1962
1963
444.5
482.7
502.6
518.7
556.2
583.9
257.1
278.5
293.6
302.2
323.1
340.3
14.8
16.4
18.0
20.1
22.1
24.4
38.6
41.0
43.0
44.5
48.7
50.8
41.2
44.7
48.7
51.4
55.2
58.3
Agriculture, forestry, and fisheries
94.3
105.1
102.3
103.0
108.9
112.8
3.5
3.6
3.7
3.8
3.8
3.8
22.5
21.1
22.2
22.6
23.0
23.3
21.6
23.4
23.7
24.3
25.9
27.0
14.9
16.2
16.7
17.1
18.3
19.3
0.1
.1
(*)
.1
.1
.2
1.2
1.3
1.3
1.3
1.4
1.4
0.6
.7
.8
.8
.9
.9
4.9
5.3
5.0
5.2
5.3
5.3
79.1
86.4
89.0
91.5
97.8
102.9
45.0
48.6
51.7
52.8
56.1
59.2
0.2
.2
.1
.1
.2
.2
4.5
4.8
5.0
5.0
5.4
5.6
12.2
13.5
14.9
15.7
17.0
18.1
120.9
137.0
139.7
139.9
153. 5
160.4
83.7
92.9
96.3
96.6
104.4
109.0
17.6
20.0
17.9
18.5
19.6
20.3
53.7
57.6
61.3
64.9
68.4
72.1
11.9
13.0
13.9
15.0
15.8
16.8
1958__,
1962...
1963—
8.4
8.3
8.1
7.9
8.1
8.1
1958
1959
1960
1961
1962
1963. .
16.3
17.5
19 4
20.5
21 8
23.5
1959. _ _
1961—
6.1
6.2
6.1
5.8
5.9
5.8
0.3
.3
.3
.3
.3
.3
1.0
.9
.9
.8
1.1
1.0
0.7
.5
.6
.6
.6
.6
Households and institutions
10.9
11.7
12 8
13. 5
14 4
15.4
5.4
5.8
6 6
7.0
7 4
8.2
1.2
13
1.4
1.5
1.6
1.7
21.3
20.0
20.9
21.2
21.5
21.7
0.3
2
2
2
2
1
9.2
9.4
9.9
10.3
12.0
12.5
6.0
7.0
7.6
8.7
99
11.1
7.4
7.9
8.6
9.2
9.9
10.5
2.9
3.0
3.0
3.1
3.1
3.1
0.4
.4
.3
.3
.3
.3
8.8
9.6
10.3
10.9
11.7
12.3
4.4
4.6
4.9
5.1
5.4
5.6
0.2
.3
.3
.3
.3
.3
0.9
1.0
1.1
1.2
1.3
1.5
11.0
12. 1
13.0
13.2
14.2
15.0
17.2
23.5
21.4
20.3
23.2
24.7
67.8
78.8
79.7
78.6
88.2
92.9
Business Situation
Continued from page 2
decade or so. This broad conclusion
also applies to total credit outstanding.
When repayments are netted against
extensions, the net advances in installment credit outstanding relative to
income have not increased for approximately 2 years, averaging slightly under
1.5 percent—well below the peak ratios
in 1955 and 1959. In past business
expansions this ratio has risen sharply
and then decreased.
The recent behavior of the two components of the net change—extensions
3.8
4.0
4.0
3.9
4.0
4.1
1.2
1.2
1.3
1.4
1.4
1.5
12.6
10.8
11.4
11.6
11.8
11.6
10.6
11.1
11.4
11.5
11.8
11.9
9.1
9.8
10.7
11.6
12.4
13.2
50.9
57.4
59.4
58.6
64.4
67.7
0.2
.1
.1
.1
.1
(*)
4.9
5.0
5.3
5.6
6.4
6.7
3.3
3.9
4.1
4.0
4.6
5.0
4.2
4.2
4.3
4.2
4.2
4.3
(*)
.1
.1
(*)
(*)
.1
19.6
20.4
20.9
20.8
20.7
20.9
15.3
16.9
18.0
18.9
19.3
20.0
10.1
11.1
11.9
12.8
13.5
14.3
-2.0
-2.2
-2.6
-2.7
-2.9
-3.3
1.0
1.1
1.2
1.3
1.4
1.4
0.6
.6
.7
.7
.8
.8
8.9
13.0
11.4
10.7
13.0
14.1
53.1
58.2
60.0
61.3
65.3
67.5
0.2
.1
.1
.1
.2
.2
32.8
35.5
36.9
37.9
39.9
41.3
2.2
2.6
2.7
2.9
3.3
3.4
11.1
12.1
13.1
13.8
14.6
15.2
3.8
4.0
4.2
4.4
46
4.8
46.6
49.0
52. 5
56.3
60 3
64.5
0. 1
.5
.4
.1
.2
.7
42.0
44. 1
47.3
50.7
54. 5
58.2
42.0
44. 1
47.3
50.7
54. 5
58.2
0.9
1.0
1.1
1.2
1.2
1.2
2.3
2.5
2.6
2.7
3.0
3.1
1.2
1.3
1.3
1.5
1.6
1.5
1.8
1.7
1.9
1.9
1.8
1.8
4.3
4.4
4.6
4.8
5.6
5.8
7.7
8.1
8.9
9.2
9.6
10.0
8.4
10.5
10.0
9.6
10.2
10.6
1.9
1.7
1.8
1.9
2.0
2.0
1.4
1.7
1.4
1.4
1.5
1.7
1.4
1.6
1.8
1.9
2.0
2.2
11.8
13.3
13.1
13.7
14.4
15.1
Transportation
5.6
6.5
7.0
6.8
6.6
6.9
20.8
21.8
22.2
22.4
23.8
24.5
14.4
15.4
15.9
15.7
16.4
16.9
0.4
4
5
6
6
6
2.7
2.8
2.9
2.9
3.3
3.4
Services
Public utiliies
1.1
1.2
1.3
1.4
1.5
1.6
3.5
3.8
3.9
4.0
4.3
4.2
Nondurable goods industries
Finance and insurance
Government and government enterprises
46 8
49.4
52 9
56.3
60 5
65.2
0.9
1.0
1.2
1.2
1.3
1.4
Durable goods industries
NOTE.—Total GNP includes the statistical discrepancy. Proportional amounts of the
discrepancy are included in the total gross product of each industry but are not distributed
among the gross product components. Consequently, the components will not add to the
total. The statistical discrepancy included in total GNP is as follows, in billions of dollars:
1958, -$1.5; 1959, -$3.0; 1960, -$3.0; 1961, -$2.6; 1962, -$1.8; 1963, -$2. 7.
Employee compensation consists of wages, salaries, and supplements.
Net interest is net interest component of national income.
Capital consumption allowances consist of depreciation, capital outlays charged to current
expense, and accidental damage to fixed business property.
13.0
11.2
11.9
12.1
12.3
12 2
Communications
Railroads
I960...
3.9
4.1
4.1
4.1
4.1
4.2
Finance, insurance, and real estate
Wholesale and retail trade
1958
1959
1960
1961
1962
1963
0.9
1.0
1.1
1.2
1.3
1.4
Mining
Farms
Manufacturing
Contract construction
1958
1959
1960
1961
1962
1963
CapCapIndiital IndiEmEmital Indirect Profitployee Net
conrect Profitconrect Profitployee Net
busi- type Total com- inter- sump- busi- type Total com- inter- sump- busi- type
pensa- est
tion ness income
ness income
tion ness income
pensa- est
taxes
tion
allow- taxes
tion
allow- taxes
ances
ances
1.4
1.6
1.7
1.8
1.9
2.1
2.7
3.2
3.6
3.7
4.0
4.0
46.5
50.9
54.3
57.6
61.9
66.0
24.8
27.0
29.4
31.3
33.9
36.2
General government
5.5
6.0
6.7
7.2
7.6
8.5
3.1
3.3
3.5
3.7
4.1
4.4
Rest of the world
21
2.2
2 3
2.9
3 2
3.2
(*)
(*)
(*)
(*)
(*)
(*)
0.3
.4
.4
.5
.6
.7
1.8
1.8
1.9
2.3
2.6
2.5
Indirect business taxes consist of indirect business tax and nontax liability and business
transfer payments.
Profit-type income consists of corporate profits after inventory valuation adjustment,
proprietors' income, rental income of persons, and surplus of government enterprises, less
subsidies.
Capital consumption allowances and profits by industry differ somewhat from the hitherto
published figures because these 2 items have been reallocated by industry from a company to
an establishment basis.
*Less than $50 million.
and repayments—has differed. The
ratio of extensions to income has shown
no major change for the past six quarters; it reached 15 percent in the first
quarter of 1963 and has changed little
since then with the exception of the
first quarter of this year, when it rose
to a record 15.4 percent. The slowdown in credit extensions during the
second quarter, combined with sharply
higher disposable income, caused the
ratio to fall back to 15.1 percent.
As the credit base has expanded the
volume of repayments has risen. For
several years prior to mid-1962 the
rise in repayments approximately
matched the income rise, and the ratio
of repayments to income varied in a
narrow range from 12% to 13 percent.
In the following year installment debt
repayments took a larger proportion of
the consumer's after-tax dollar. Repayments rose considerably in each
of the first two quarters of this year;
the ratio climbed to 14 percent in the
first quarter and remained at that level
in the second quarter, despite the sharp
income rise.
by FRANCIS L. HIRT
Patterns of Output Growth
AHIS is the fifth in a series of articles
dealing with patterns of growth rates
in a large number of individual products and services.1 Its purpose is to
illustrate the wide variation in production trends of both new and established
products during the past 15 years. It
brings up to date a similar analysis that
appeared just 3 years ago, and expands
the list of items to almost 375—approximately 70 more than appeared in the
previous tabulation. While the expanded list is by no means all inclusive,
it represents a broad spectrum of products and industries.
On a weighted basis the coverage of
the present list is substantial. The
manufacturing and mining products ini Earlier articles appeared in the following issues of the
SURVEY: January 1953, April 1957, May 1959, and September
1961.
Table 1.—Frequency Distribution of Average Annual Growth Rates for 339 Products, Based on Change from 1948 to 1963
Number
of
products
Fast growing:
25 percent and over -..
20 to 24.9 percent
15 to 19.9 percent
10 to 14.9 percent
7.5 to 9.9 percent
6
7
10
27
20
Total
Moderately growing:
6 to 7.4 percent..
5 to 5.9 percent
3.5 to 4.9 percent
Percent
of total
70
-._. -
20
19
13
39
Subtotal
71
2 to 3.4 percent.
1 to 1.9 percent
0 to 0.9 percent
21
50
38
26
Subtotal
114
34
Total
185
55
Declining:
0 to 1.9 percent
2 to 4.9 percent.
5 to 6.9 percent
7 to 9.9 percent
10 percent and over
. _ .
Total
Grand total
eluded in table A on page 24 account tains 339 products for which production
for roughly two-thirds of the total data are available for all years from
weight of the Federal Reserve Board's 1948 to 1963. A supplementary list
index of industrial production. Except
for instruments and miscellaneous manufacturing, products from all of the
two-digit SIC manufacturing industries Growth Rate Patterns
are included.
Of the products that grew rapidly
Some important qualifications noted from 1948 to 1957, the great majority
in the earlier articles bear repeating. slowed down from 1957 to 1963
The list represents only a small fraction
Average Annual Percent Change
of the total number of products in
0
10
20
30
40
|
I—1
I
1
the economy. For the most part it is
limited to items for which consistent
Some have fallen but have
annual production data, measured in
continued high . . .
1948-57
physical units, are readily available
Polyethylene
from trade and Government sources.2
-1957-63
Notably lacking from this compilation
are those products, like machinery,
Noncellulosic
Fibers
where output cannot be easily measured
on a physical basis unless highly deTextile
tailed specifications are used. The list
Glass
also tends to exclude data for very new
products because of the lag in the collection of such statistics. Furthermore
Others have fallen sharply to a
there is no consistency regarding classimoderate rate . . .
fication detail among the 374 products:
Detergents
certain products are very narrowly
defined, e.g., food disposals; others are
given in terms of a broad classification,
Room Air
e.g., finished steel products.
Conditioners
It is important to keep in mind
that while a simple count of physical
Power Lawn
Mowers
units is very useful for many purposes,
production changes may also come
about from changes in product mix and
A relatively few have exeeeded earlier
in quality. Shifts of the kind that
growth rates
affect average price per physical unit
are reflected in changes in the GNP,
Oxygen
even when the number of units produced remains constant.
50
|
u
Xylene
33
24
11
11
5
Basis of classification
84
25
339
100
Table A divides the total list into
two main groups. The basic list con2
Where production figures are not available data are given
for sales or consumption.
Petroleum
Coke
Data: Government and
Private Agencies
21
22
includes an additional 35 products,
mostly new, for which output figures
became available at various dates after
1948.
The basic table provides productioa
data for 1948 and for each year from
1960 through 1963. It shows average
annual rates of growth for the entire
period 1948-63, and also for the following subperiods: 1948-53, 1953-57,
1948-57, 1957-60, 1960-63, and 195763. Each of the above terminal years
represents a business cycle peak. The
products are arrayed according to the
size of the average annual growth rate
for the period 1948-63, as shown in
the sixth column.
The basic list has been further classified into three broad groups: fastgrowing, moderately-growing, and
declining. Fast-growing items in table
A are those with a growth rate of 1%
percent or more per year (based on
1948-63), that is, with a growth rate
approximately twice as large (or more)
as that of national output measured by
real GNP. The 7J£ percent dividing
line between fast growing and moderately growing has been employed in
previous articles in this series. It is a
useful standard but it is obviously
arbitrary.
SURVEY OF CURRENT BUSINESS
September 1964
Output Growth of New Products in Postwar Period Has
Often Been at the Expense of Older Established Lines
(ratio scale)
Billic>n Lbs.
Bill;on
10
8
10
8 I
: SOAP
i
Total
6
4
--^
-l"""1'',
6
2
1
-
/
Natural Soap
—
1 ~^^+*
/"""T"*
Margarine
.6
.6
i
~
~
-
i i i i i i i i i i i i i i i i i
.4
Mi lion Long Tons
4
Billic>n Lbs.
- FIBERS, MILL CONSUMPTION
10
Total ,
- _
Butter
.8
I
-
2
.8
.4
BUTTER AND MARGARINE
4
^..-^~'
^*"^/
^f*
Detergents
X,
Lbs.
RUBBER CONSUMPTION
Total ^
8
:>%•»,,,, ^^^^^^^^
6
2
Total
y*
4
Natural
_
1
.8
<s/'
2
v
/
^^<*"VV/
I
Synthetic
I
.6
Synthetic
.4
Natural
1
.8
1
.6
1
1
1
!
1
1
1
1
1
1
1
1
I
1
1
1
1
i i i i i i i i i i i
.2
i i i i i i i
Growth rate patterns, 1948-63
Approximately one-fifth of all items
are classified as fast growing; more than
half are in the moderately-growing
group, and one-fourth show negative
growth rates. A frequency distribution of average annual rates appears in
table 1. For all items combined, the
average (mean) growth rate from 1948
to 1963 was 3.7 percent per year, about
the same as the expansion in real GNP.
The 70 items in the rapidly expanding
group increased at an average rate of
15 percent in the 1948-63 period; nearly
three-fourths of them exceeded 10 percent per year. The fast-growing group
includes old established lines as well as
relatively newly-developed products introduced in the period from the mid-30's
to the mid-40's. As might be expected,
the newer products in this group experienced the higher rates of growth,
averaging close to 20 percent per year,
Thousand Units
Billion Lbs.
20
-
FRUITS AND VEGETABLES
2,000
-
TYPEWRITERS, NONPORTABLE
Totak
10
1,000
8
800
6
600
400
200
/
Frozen
100
80
60
40
20
1948
50
55
60
65
i
i
i
i
1948 50
i
55
60
65
Data: Government and
Private Agencies
U.S. Department of Commerce, Office of Business Economics
64-9-8
SUEVEY OF CUREENT BUSINESS
September 1964
as compared with about 10 percent for
the older items.
Practically all of the products within
the moderately-growing group are well
established, and they represent a high
proportion of U.S. industrial output.
For a relatively large number of
products, a reduction in output is
revealed, despite the substantial expansion in total production since the
early postwar period. Most of the
products in the declining group are still
being produced in large volume, and
for some the decreases in output were
from abnormally high production levels
in 1948. This is particularly true of
items where output was earlier discontinued or sharply curtailed because
of conversion to war production—such
as refrigerators, washing machines,
men's suits and overcoats, and some
types of farm machinery. But the
development of substitutes has also
adversely affected production of many
products such as wool, coal, soap, and
butter, to mention a few.
The growth of supplies from foreign
sources has affected domestic output for
some products. Thus, although domestic consumption of iron ore has increased
substantially, the importation of large
quantities of this raw material is associated with a declining trend in
domestic iron ore output.
Impact of new products on established lines
Most "new" products are substitutes
for older, established lines. The rapid
growth of output of many of the prodTable 2. —Distribution of Average Annual
Growth Rates for 339 Products, 1948-57
Compared with 1957-63
1957-63
1948-57
Fast
Number Perof
cent
prod- of
ucts total
7.5
percent
and
over
Moderate
3.5
to
7.4
percent
0
to
3.4
percent
Declining
Number of products
Fast:
7.5 percent and
over
Moderate:
3.5 to 7.4 percent0 to 3.4 percent. ..
Declining
Total
Percent of total
81
71
97
24
21
29
35
9
3
26
28
25
9
11
23
47
11
22
90
26
3
12
21
54
339
100
50
91
100
98
100
15
27
29
29
ucts introduced into the market in the
past two decades or so has frequently
been accompanied by a decline in
products that have been on the market
for a long time. The chart on page 22
provides some examples of these
contrasting trends.
The net expansion of the new and
old products together is frequently
small. For the six combinations shown
in the chart, average annual growth
rates ranged from 0.8 percent for
fibers (—0.9 for natural fibers and 5.6
percent for synthetics) to 3.4 percent
for rubber (—2.1 percent for natural
rubber and 7.5 percent for synthetic
rubber). It is important to keep
in mind that these combined rates
are unweighted. When average unit
values of old and new products are
widely different (as with manual and
electric typewriters, for example), the
combined output change computed with
unit value weights may show a marked
departure from the unweighted change.
Rates have varied over time
Within the 15-year span from 1948
to 1963 growth rates of individual
commodities and services have, for a
number of reasons, varied considerably.
The decline in the growth of real
GNP, from an average of 3.8 percent
per year from 1948 to 1957 to 3.2
percent from 1957 to 1963, was reflected in a general lowering of rates
for individual products. Moreover,
final demand patterns shifted, causing
shifts in the production of final products
and materials used in their manufacture. Growth of many new products
that had found very wide acceptance
in the earlier years diminished. Some
of these shifts are summarized in
table 2, which provides a cross-tabulation of growth rates for 339 items
for the period 1948-57 and for 1957-63.
The proportion of items classified
as fast growing drops from 24 percent
in the 1948-57 period to 15 percent
in the period from 1957 to 1963.
The group showing declines, which
was 26 percent in the early period,
was 29 percent in the later period.
Although it is not shown in the table,
55 percent of the 339 items grew
more slowly or declined more rapidly
from 1957 to 1963 than in the postwar and Korean periods.
23
Of the 81 items classified as fast
growing in the 1948-57 period, only 35
remained in this group in the more
recent period, and of this number, only
12 exceeded earlier output rates.
Among the latter were oxygen, helium,
toluene, formaldehyde, plastic and resin
materials, electric blankets, blenders,
and air freight transportation. There
were 46 items earlier classified as fast
growing, based on 1948-57 change,
that do not appear in this category on
the basis of 1957-63 performance. Of
these, 35 had lower positive rates and
11 products had negative rates. Illustrations of these shifts are given in
the chart on page 21.
On the other hand, of the 90 items
showing 1948-57 declines, only 54 continued to show negative rates for the
later period. The remainder in this
category had positive growth rates
from 1957 to 1963, with a few shifting
to the fast-growing group.
Acceleration in rates since 1960
Because the national growth rate has
shown an acceleration since 1960, it
is of some interest to divide the 6-year
span from 1957 to 1963 into two subperiods: 1957-60 and 1960-63. A 3year span, of course, is very short for
growth rate calculations. Moreover,
under these circumstances the use of
1960 as a dividing point is not entirely
satisfactory, since the entire second
half of 1960 was a period of declining
output, and some cyclical elements are
undoubtedly present in the comparisons
Table 3—Distribution of Average Annual
Growth Rates for 339 Products, 1957-60
Compared With 1960-63
1960-63
1957-60
Fast
Number Perof
cent
prod- of
ucts total
7.5
percent
and
over
Moderate
3.5
to
7.4
percent
0 to
3.4
percent
Declining
Number of products
Fast:
75 percent and
over
54
16
31
13
4
6
Moderate:
3.5 to 7.4 percent.
0 to 3.4 percent. --
72
89
21
26
10
12
37
25
22
35
3
17
Declining
_
Total
Percent of total
_ -
124
37
17
25
37
45
339
100
70
100
98
71
100
21
29
29
21
24
SURVEY OF CURRENT BUSINESS
September 1964
Table A.—Production of Selected Products and Services, 1948, and 1960-63, and Average Annual Rates of Growth for Specified Time Periodsl
Production
Product or service
Average annual rates of growth
Unit of measure
1948
1960
1961
1962
1963
1948-63 1948-53 1953-57 1957-60 1960-63
1948-57 1957-63
Fast growing—Increases at an average annual rate of 7^ percent or more, 1948-63
Titanium sponge. _ _ - - _.
Polyethylene
Frozen fruit juices, concentrate
Helium
_.
Argon
Frozen foods, prepared
_ ___
Air conditioners, room
Textile glass fiber, production
Antibiotics for human consumption
Noncellulosic fibers, production
Dryers
-Frozen meats
Airconditioning systems, total
Icemaking nivachines._ _ _ __ _
Frozen poultry
Rubber or latex core mattresses
Coffee makers, automatic... _ _ _ _ .
Lawn mowers, power
Styrene plastics and resins .
__
Tons
__
Millions of pounds
do
Millions of cubic feet.,
do
Millions of pounds
Thousands
Millions of pounds
Thousands of poundsMillions of pounds
Thousands
Millions of pounds
Thousands
Units
Millions of pounds
Thousands
do
do
Millions of pounds
do
DDT
Polyvinyls resins, plastics
do
Penicillin salts..
Thousands of poundsBlankets electric
Thousands
Oxygen, high purity
Billions of cubic feet. _
Television sets, black a n d white _ _ _ _ _ _ _ _ Thousands
Magnesium
Thous. of short tons__
Air revenue passenger-miles flown _
Millions of passenger
miles.
Millions of gallons
Xylene
Thousands
Picture tubes, sales
Phosphoric acid. _
_ __
_ _
Thousands of short tons.
Adding machines, electric and nonelectric
Thousands
Millions of pounds
Detergents, synthetic
A i r ton -miles f l o w n . _ _ _ _ _ _ _ _ _ _ _ _ _ _
Millions of ton-miles. .
Thousands
Disposals, food
Plastics and resin materials, total
Millions of pounds
._
do
Plasticizers _ _
Helicopters, nonmilitary
Units
Frozen foods, total
Millions of pounds
Gas-fired boilers -. _ _
ThousandsThousands of short tons .
Petroleum coke
Thousands of poundsVitamins
Millions of square feet
Douglas fir (softwood plywood)
Floor polishers
Thousands
Millions of gallons
Toluene
Thousands of short tons _
Ammonia, synthetic anhydrous
Perchloroethylene
Millions of pounds
ThousandsShavers
_ _.
_
Transparent film for packaging
Millions of pounds
Thousands
Blenders
. _
Thous. of wine gallons..
Effervescent wines
_
Liquified petroleum gases
Millions of barrels
Formaldehyde .
Millions of pounds
Ethylene glycol
•. Thousands of pounds..
Thousands
Dishwashers, motor-driven
Thous. of short tons
Nitric acid
do
Aluminum primary ingots
Millions of pounds
Frozen vegetables except potatoes
Millions of gallons
Benzene chemical and motor grade
Millions of pounds
Urea and melamine resins
Millions of gallons
Butadiene
Millions
Skirts
Pentaerythritol
__
Millions of pounds
Hydrogen _ _
_
__ _ _ _. Billions of cubic feet.—
Thous. of long tons
Rubber synthetic, all types
Thous. of short tons...
Chlorine gas
..
Gasoline engines, except outboard, automobile, Thousands
_
and aircraft.
Millions of pounds
Phthalic anhydride
do
Phenol synthetic and by products
Billions of KWH
Electric power total
Motor ton-miles truck transportation
Billions of tons and mi.
1,590
«360
582
(*)
1,733
450
6,500
3,900
1,490
179
1,760
1,017
5,500
129
7,130
« 76
43, 000
55.3
37.5
33.1
28.6
26.4
25.5
24.4
22.7
22.1
21.0
20.9
20.5
20.0
19.5
17.7
17.5
17.2
16.5
16.0
15.7
15.3
15.0
15.0
14.8
14.2
14.1
14.0
195.2
48.0
93.4
25.4
42.3
49.6
69.8
40.9
46.3
30.2
51.6
46.7
27.3
36.7
25.7
56.4
43.8
26.3
25.2
33.2
18.8
36.0
7.0
9.3
49.2
56.2
23.8
66.6
51.3
9.3
16.6
22.7
25.7
11.0
22.1
9.8
20.2
15.1
23.9
14.3
2.1
7.6
3.7
4.3
26.8
11.2
10.2
14.5
-2.0
23.4
6.8
-3.0
-3.4
12.7
-32.5
23.6
3.7
30.0
12.8
2.6
-.1
16.8
7.8
9.5
-.9
-4.4
17.3
22.0
26.2
1.8
2.5
4.8
11.0
9.8
10.7
7.4
14.9
20.8
-3.7
-21.0
6.5
11.7
19.1
13.1
51.4
21.0
9.6
7.2
2.8
12.1
19.2
8.1
.9
18.5
13.7
11.0
-9.5
11.5
.9
12.7
3.0
13.5
5.8
18.1
30.6
7.7
24.0
8.2
128.9
49.5
50.1
21.4
33.2
38.5
40.6
32.2
28.8
25.7
34.1
36.1
21.4
20.1
17.3
32.7
24.7
26.5
18.8
22.5
16.9
17.5
14.0
8.2
23.3
26. 2
18.7
-13.2
21.3
7.3
40.3
16.8
6.0
3.5
9.8
9.9
14.3
3.5
-1.7
17.9
18.6
18.4
-4.1
6.9
2.8
11.9
6.3
12.1
6.6
16.5
25.6
1.8
-1.1
7.3
354
9,070
2,447
309
4,000
1,182
890
7,942
781
306
7,524
162
15, 745
12, 355
9,361
1,014
361
5,810
320
6,700
850
780
4,414
256
2,398
1,434
720
3,370
2,118
1,503
546
489
2,145
94
62
76
1,574
5,143
7,125
422
8,955
2,901
(*)
' 4, 120
1,410
1,090
8,959
"830
411
« 7, 051
177
16, 135
14, 874
9,923
1,045
419
6,646
326
(*)
910
920
4,807
274
2,552
1,453
880
4,197
2,313
« 1,451
651
520
2,301
119
70
95
1,608
5,448
(*)
13.8
13.7
13.5
13.4
13.4
13.1
13.0
12.8
12.6
12.4
12.4
12.3
12.1
12.0
11. 8
11.4
11.3
11.1
11.0
10.5
10.4
10.2
10.1
9.9
9.9
9.6
9.5
9.1
9.1
9.1
8.8
8.7
8.7
8.5
8.4
8.4
8.3
8.3
8.3
13.1
49.6
17.3
40.1
27.2
13.1
13.2
13.3
14.6
9.2
21.1
18.4
8.3
12.3
14.4
8.1
13.2
10.7
17.6
16.2
13.6
7.6
4.6
12.8
12.6
11.2
-4.4
9.3
15.0
18.3
8.1
11.5
11.8
15.9
21.7
-2.1
11.7
11.3
5.7
3.0
-.3
13.1
-1.2
11.3
8.5
14.1
11.8
10.8
29.6
9.6
9.9
11.6
16.5
10.4
19.2
6.3
13.0
6.5
17.4
11.0
10.1
16.8
8.8
4.8
17.8
21.3
12.7
7.1
2.7
5.1
8.0
7.6
5.3
.4
12.5
7.2
9.0
13.3
30.5
2 4
.9
3.9
10.8
11.4
12.3
10.8
-11.2
8.4
10.6
21.5
8.9
12.7
19.8
11.2
8.9
2.0
-3.6
6.2
.0
14.8
10.5
11.5
2.6
12.5
5.3
6.9
7.1
11.2
4.6
6.9
3.8
3.9
16.8
8.7
5.5
6.9
14.4
t 2
1L6
-5.8
4.2
21.9
12.8
13.6
11.3
23.7
3.1
7.6
10.4
10.4
8.3
.7
15.2
11.3
16.0
6.1
8.8
26.5
6.1
6.1
10.9
3.9
16.6
8.2
4.7
1.0
12.5
9.2
6.9
5.9
3.0
13.2
3.8
5.5
8.8
8.5
24.9
15.4
21.8
19.9
11.0
13.6
12.7
12.9
17.8
15.8
14.5
9.7
14.1
12.6
12.4
10.1
11.7
12.5
16.8
12.5
8.7
9.8
11.0
9.1
14.1
6.3
10.8
11.4
11.1
6.8
9.9
9.9
11.0
11.7
4.2
9.6
10.3
8.7
22.2
-1.3
10.8
-1.8
4.4
16.2
12.1
12.9
11.1
4.8
5.7
9.1
15.8
9.6
10.5
9.8
13.2
10.1
8.8
.1
7.5
12.5
10.4
8.2
11.2
3.2
14.5
6.7
5.8
4.0
11.9
6.9
6.9
4.8
3.5
15.0
6.2
5.5
7.7
427
826
943
332
474
896
1,008
346
7.6
7.6
7.6
7.6
7.4
5.2
8.8
13.3
11.9
9.8
8.6
4.0
4.0
11.7
5.6
5.5
5.7
5.0
6.2
5.1
9.4
7.2
8.7
9.1
4.9
8.3
5.9
5.3
10.3
6.9
14.4
5.6
24.6
40
5.6
9.1
6.9
6.6
28.3
4.5
3.4
5.9
8.9
9.0
6.5
6.9
4.1
2.4
6.4
11.1
7.5
6.2
4.3
5.6
11.8
-1.4
2.2
11.5
4.7
4.0
9.5
13.4
7.1
2.2
-7.8
8.4
2.9
7.4
1.1
13.9
8.1
5.6
5.2
2.2
6.1
8.5
.6
4.8
-6.3
4.5
4.0
4.3
4.4
4.0
8.1
9.3
12.0
31.8
-2.5
4.0
4.7
8.5
3.7
8.9
5.1
.8
7.7
4.4
9.6
2.8
4.3
3.5
19.8
4.5
7.3
11.8
5.4
1.5
6.3
11.0
.8
7.6
7.9
4.6
8.7
1.3
5.9
5.2
2.6
5.0
8.4
5.8
10.4
8.3
12.3
3.2
8.2
7.1
5.6
7.9
7.7
5.6
2.9
-.4
8.7
6.2
6.9
4.3
8.3
4.9
6.0
8.4
5.1
5.2
9.0
1.7
4.6
-2.5
11.9
4.3
5.8
8.1
4.7
4.7
7.8
11.5
15.3
2.4
5.9
4.7
8.6
2.5
7.4
5.1
1.7
6.6
10
19
24
51
30
40
74
9
243
66
92
25
38
5,900
150
>>34
600
397
165
20
218
162
675
16
975
10
6,000
5,311
1,337
1,033
642
570
810
1,580
177
2,969
677
1,260
350
350
55, 500
1,267
608
4,695
3,800
1,062
164
1,203
859
3,335
58
5,708
40
33, 958
6,727
1,606
1,055
727
662
905
1,500
149
3,311
751
1,236
330
366
61, 000
1,732
423
4,600
3,500
1,145
171
1,260
1,102
4,300
79
6,178
41
34, 599
6,730
2,016
1,321
713
817
960
1,580
190
3,965
970
1,420
340
468
71, 700
1,626
452
5,600
4,000
1,274
167
1,566
1,289
4,725
104
6,471
69
37, 491
7,400
2,270
(*)
2,230
1,009
a
1, 065
1,945
« 192
« 4, 180
61
1,309
432
&343
636
223
175
1,485
148
71
1,347
31
2,899
2,610
1,871
&185
84
1,375
68
1,650
205
215
1,140
67
617
367
225
1,133
623
446
184
149
661
35
21
28
488
1,640
* 2, 140
282
9,014
2,087
348
3,646
778
760
6,143
602
217
6,437
142
12, 002
11,063
7,816
1,024
274
4,818
209
5,950
706
455
4,019
230
1,872
1,297
555
3,315
2,014
1,408
457
399
1,883
100
64
65
1,436
4,637
6,022
257
9,307
2,254
345
3,774
895
800
6,709
630
291
7,163
155
15, 067
12, 560
8,519
1,029
260
5,207
225
6,500
786
515
4,114
238
1,752
1,183
620
3,380
1,904
1,537
545
440
1,911
97
62
66
1,404
4,601
5,968
159
297
337
116
401
774
842
298
374
779
879
313
° 1, 156
io!o
Moderately growing—Increases at an average annual rate of 0 to 7.4 percent, 1948-63
Natural gas, marketed... _
_.
Knit cloth for sale
_
_. _
Aviation gasoline
Acetylene
Milling machines
Book publications
Floor & wall tile, glazed and unglazed
Coats separate, men's
Aluminum mill products
Sand and gravel
_
Merchant Ship construction deliveries
Acetylsaliyclic (aspirin)
Acetic acid
Garden tractors
Couinarone—indene and petroleum polymers. _
Potash deliverips (Ka 0 content)
Sodium hydroxide, liquid
_. Galvanized sheets
Newsprint production
Methanol, synthetic
Woodpulp
_
Hydrochloric Acid
Phosphate Rock— table production
__
Billions of cubic feet _ _
Millions of pounds
Millions of barrels
Millions of cubic feet
Thousands
Number of editions
Millions of square feet
Thousands
Millions of pounds
Millions of short tons..
Thous. of gross tons___
Thousands of pounds _
Millions of pounds
Thousands
Millions of pounds
Thous of short tons
do
do
do
Millions of gallons
Thous. of short tons...
do
Thous. of long tons
5,148
6110
46
5,144
6
9,897
102
4,865
1,640
319
164
11,016
422
185
135
1,120
2,377
1,643
87G
149
12, 872
458
2,790
12, 771
248
114
12, 143
14
15, 012
233
10, 237
3,049
710
404
23, 553
765
408
265
2, 170
4,972
3,057
2,004
296
25, 316
970
5,443
13, 254
281
118
11,618
13
18, 060
228
9,711
3,345
752
369
22, 668
784
370
281
2,079
4,914
3,330
2,054
307
26, 523
911
5,804
13, 877
298
122
13, 239
15
21, 904
253
11. 300
3, 811
111
385
27, 194
986
424
348
2,359
5,443
3,533
2,098
336
27, 908
1, 052
6,004
14, 515
(*)
124
13, 770
(*)
25, 784
266
12, 653
4,264
831
422
28, 400
1,047
"418
344
2,723
5,697
3,922
2,086
352
29, 435
1,047
(*)
7.2
6.9
6.8
6.8
6.8
6.6
6.6
6.6
6.6
6.6
6.5
6.5
6.2
6.1
6.1
6.1
6.0
6.0
6.0
5.9
5.7
5.7
5.6
SURVEY OF CURRENT BUSINESS
September 1964
25
Table A.—Production of Selected Products and Services, 1948, and 1960-63, and Average Annual Rates of Growth for Specified
Time Periods l—Continued
Product or service
Production
Unit of measure
1948
1960
1961
Average annual rates of growth
1962
1963
1948-63
1948-53 1953-57 1957-60 1960-63 1948-57 1957-63
Moderately growing—Increases at an average annual rate of 0 to 7.4 percent 1948-63—Continued
Potash—Marketable Production
Mixers, food, std. and portable
Man-made fibers, total
Special industrial and absorbent paper
Pulp wood consumption
Asphalt
Ethyl alcohol
Sanitary and tissue paper
Waists, blouses, and shirts
Phonographs including radio and phonograph
combinations.
Shipping containers
Fluorescent lamps.. .. .
Aluminum castings—_ - ...
Carbon dioxide.. ._
Trucks, electric, rider-type.
Oil pipeline transportation
Distillate fuel oil
Passenger cars.
Heating pad..
Oleomargarine.
Paper-hoard, including \\et machine board
Trailers truck ..
Industrial explosives ..
Frozen fruits
Closures, commercial
Fine piper
Dresses, all si/e- Girls , children's, infants'
Bag piper
Gla^s containers
\\ arm air furn ices
Passenger e ir * ires
Lamps, hulbs, tnd tubes
salt
Sulphuric acid.
Beef
Paper md bo ird, total. ..
F t h j l acetati
f oncrete reinforcing bars.
Motor tuel excluding aviation
( ement, port land
F ms, ill Kpes
W i t < r hea'tirs, gas .
Tungsten, mine shipments..
Gvpsur i \\ dlboard, 'iitluding lath
I r m t m g paper
Suit i druizs_
Chipping sack paper.. .
\ml-m
Yr ul. r coaches, mobile home type.
Kubln r consumption, nat. and sjn., total.
Rei t i\mg tubes.
v\ iUr t-losi ts
Dungarees and \vaistbarul overalls, men's
Insulating board md hardboard
Acetic anhvdride.
Sup< r phosphate._
P < rt ili/ers, commercial..
A m r tft, civilian, airframe weight _
( ah mm orbide, commercial.
Stei i sheets and strip.
Frt * 71 rs, farm arid home
Carbon black. .
Crude runs to stills. . . _ . _ _ . .
. ... .
La\ itones, total..
. .. ...
Flush tanks, vitreous china
_ _ ...
->ug tr, K lined
.
.
.. ..
Hiesel md semuliestl engines,.
( H \ ( erme, refined.
DisUih (l spirits consumption __ ..
_ .
F ibr.c ifed s t r u c t u r d b t e e l _ . .. _
Shirts, dress, sport, business utility
_ .
Cans, tmplate ^expressed in terms of metal consumed).
Canned fruits
Cinned \egetables (commercial pack).
. .
Cheese
.. ..
.
Newsprint consumption. __ . ..
..
Cilcmed gypsum.. ...
Work pants
_ ... . . . . . . .
Still wines, production
__ . __ . __ . .
\Va\petroleum _ _ _ _ _ _ _ _ _
_ .._-_.
Copper, mine
_._ _
_ _ _. ...
Copper, rifmiry (primary) ... . .
. ...
Cist iron pressure pipe md fittings
... .
Common clay, sold or used by producers
_ ..
Cig irettes, production
__
__
Meats, totil
. .
.
_ .
Oil burners, residential
.
Coarse paper
_ ... ... . ._ __ _ ...
If aid \\ood doois
Cast 11011 soil pipe and fittings
P u n t , \anush, md lacquer
Sodium biuomaU md chromate
("rude [ ) ( i trolt urn
( o n s t r u c t i o n paper and board .
k< lost ne
Mill \\ im s, \\ i t h d i m ils
Doi'u stu \\at( r svstems .
( oits, pills', children's & mfints'
Thous. of short tons..
Thousands.
Millions of pounds, _.
Thous. of short tons..
Thousands of cords__
Millions of barrels.._
Millions of gallons
Thous. of short tons..
Millions
_.
Thousan ds
Millions of square feet. |
Millions.._
|
Million pounds _ _ j
Thousand short tons _|
I nits
i
Billions of ton-miles
Million barrels
Thousands
'
do .
Million pounds
j
Thousand short tons i
Thousands
i
Million pounds
,
di
Millions .
Thousand short tons
Millions
Thousand short tons i
Million gross
Thmsand.
|
Millions
|
.do
]
Thousand short tons
Million ])ounds_ 15 ,
1 hous ot short ton
i
Millions of pounds
j
1 hous of -,[ ort tons i
Millions of barrels .
do
I
Thousands..
i
d(j
.
I
Fhous. of pounds
Millions of squnn. feet i
1 hous of short tons |
Thousands of pounds '
Thous of short ton-* . i
Millions of pounds . I
Thousands
1 hous of long tons
Millions .
!
Thousands.
Thousands ot dozens i
Thous of short tons i
Millions of pounds
j
r
l hous of short tons |
Millions dt pounds
Phoiib of short tojis
r
[ hous-mds ,
1 hous of short tons .
Millions of barn Is
1 hou-> iiuis
do
i hous oi si ort tons .
Fhoubdii'l 1 .
\1 illions of pounds
Millions of \vine *i Js
! hous of -hort tons _
Thousands of dozens
r
l hous ot short tons
Millions of pounds _
_ _ _ do
. ._ do. ..
rhoiib of short tons.
.... do
. .
Thousands of dozens
M illions of \\ me gals _
Thousands of barrels
Thous. of short tons..
.. . do .
. do. .
. .
.... do
Billions
Millions of pounds
Thousands.
r
l hous of short tons
Thousands
I"hous of short tons
Millions ol g illons
Thous. of short tons.
Millions of bands
'[ hous of short tons
Million* or b t i n Is
M illions of \\ine cols
i liousinds .
do
1.5
-.2
7.3
6.0
4.4
4.5
4.7
1.5
1.6
4.7
b 6
4 0
\4
b 0
1.5
2 3
J
, >
i 4
i s
4a
4 ^i
31
-4 <)r
4. >
h 2
5 \
5.7
4.0
i *
SUKVEY OF CUREENT BUSINESS
26
September 1964
Table A.—Production of Selected Products and Services, 1948, and 1960-63, and Average Annual Rates of Growth
Time Periods 1—Continued
Product or service
Production
Unit of measure
1948
1960
1961
for Specified
Average annual rates of growth
1962
1963
1948-63
1
1948-53 1953-57 1957-60 1980-63
1948-57 1957-63
Moderately growing—Increases at an average annual rate of 0 to 7.4 percent 1948-63 — Continued
Exterior frames
_ _
_ _ _
Nickel consumption _
_.
Bathtubs, total
Innerspring mattresses, other than for cribs _..
Bed springs, total
Slab zinc, consumption
Asphalt shingles._
_ . __
Bauxite, shipments from mines and processing
plants to consumers.
Sodium sulfates. _ _ __
__
_ __
Kitchen sinks, total
Brick, common and face
Glass, sheet (window)_ ._ __ _ _
Ice cream
Automotive replacement batteries
Vacuum cleaners
Folding paper boxes
Mill consumption of rayon and acetate
Hosiery, shipments, total _ __
__ _
Pork, excluding lard
Irons
_
_
_
_
Confectionery sales
Shoes and slippers
Lubricants
Steel ingots and steel for castings
Clay sewer pipe and fittings vitrified
Drinking fountains
Frozen seafood
Barbiturates
__
Cigars production
Steel line pipe
__
Sulphur native (Frasch) and recovered
Shower stalls
Pig iron
__ __ Rayon and acetate, production
Copper, consumption _
_.
Truck and bus tires
Dresses, women's
. _ _ __ _
Ranges electric including built-in
Finished steel products, total
Facing tile, glazed and unglazed (hollow)
Fermented malt liquor (beer)
Slab zinc, primary
Waste paper consumption
__
Bicycles
Mill consumption of all
fibers
- -- - Radios including automobile
Typewriters standard, including portables
Calculating machines, electric and nonelectric
Clocks
Toasters automatic
Trucks and buses
Lard
Reclaimed rubber, production
Dyes
Pipe and tubing
- Sheep and lamb skins - _
Sodium silicate
Sodium carbonate (soda ash)
- _ ._ _ _ _
Lamb and mutton
Floor and wall furnaces
Malleable iron castings
Oak flooring
Pick-up hay balers
Lead, consumption, primary and secondary
Railroad revenue freight ton-miles _
Lead, refined, production (domesitic and foreign
ores) .
Gray iron castings
Washing machines electric and gas
Coats, trirnrnpid and nntrimmprl, woman's
Creamery, butter
Crowns
Flour wheat
Silver, mine production
Lumber, total
..
Suits men's
Gloves and mittens; all types
Bus transportation
Cotton broad woven goods
_.
Water heaters, electric
Raw cotton consumption
_ _
Silk consumption
._
Tin consumption, primary and secondary
Refrigerators, electric
Cast iron boilers (round and square)
Steel castings
__
Steel barrels and drums, heavy type
Canned fruit juices
Fine clay, sold or used by producers.. _ _ _ _ _
Cattle hides and side kip
Zinc, mine__
Work shirts, man's
Asphalt roll roofing
Rayon tire cord
_. _
Wool consumption, carpet class ...
...
Cooking stoves, gas domestic
Open sash
Bituminous coal _
implement tires
Digitized forTractor
FRASER
Thous.__
Thous. of short tons...
Thousands
_. do _
.. . .
do
Thous. of short tons...
Thousands of squares Thous. of long tons
4,317
94
1,948
b
6, 226
b 5, 605
818
30, 026
1,329
5,345
108
2,111
8,692
7,375
878
38, 205
1,654
6,053
118
2,073
8,215
7,378
931
40, 337
1,123
5,986
119
2,342
8,808
8,018
1,032
41,416
1,534
5,835
125
2,600
8,473
7,604
1,081
39,
521
a
1, 545
2.0
1.9
1.9
1.9
1.9
1.9
1.8
1.8
3.3
2.4
-.2
2.0
4.3
3.8
1.1
5.9
1.0
3.6
-.7
3.4
-.9
-1.3
.3
.0
.5
-4.0
4.1
2.7
1.9
-2.1
6.1
-2.2
3.0
5.0
7.2
-.8
1.0
7.2
1.1
-2.3
2.2
2.9
-.4
2.6
2.2
1.5
Thous. of short tons..
Thousands
Mil. of standard brick.
Thous. of boxes 50 sq ft.
Millions of pounds
Thousands _ _ _
do
1947-49—100
Millions of pounds
Millions of doz pairs ._
Millions of pounds
Thousands. - _ __
Millions of pounds
Millions of pairs . _
Thousands of barrels
Millions of short tons.
Thous. of short tons
Thousands
Millions of pounds.
Thousands of pounds.
Millions
Thous. of short tons...
Thous. of long tons
Thousands
Thous. of short tons...
Millions of pounds
Thous. of short tons...
Thousands
Millions
Thousands
Thous. of short tons...
Millions of brick.. Thousands of barrels. _
Thous. of short tons...
_. do
Thousands
Millions of pounds
Thousands
do
do
do
do
do
Millions of pounds
Thous. of long tons...
Millions of pounds
Thous. of short tons...
Thousands of skins
Thous. of short tons...
do
Millions of pounds
Thousands
Thous. of short tons...
Millions of board feet-.
Thousands
Thous. of short tons...
919
2,711
5,707
6
18, 947
2,721
25, 075
3,361
99
1,149
144
10, 055
7,360
2,673
480
51
89
1,433
82
292
680
5,734
1,888
4,914
148
60, 055
1,124
1,214
14, 576
227
1,600
65, 973
322
88, 125
788
7, 585
2,750
6,409
16, 500
1,173
123
9,995
3,650
1,376
2,321
267
201
6,882
33, 492
486
4,575
747
530
941
832
48
1,134
1,073
2,131
6,502
20, 738
3,348
26,329
3,313
124
1,055
151
11,605
6,410
3.004
600
59
99
1,854
114
329
852
6,917
2,690
5,710
196
66, 481
1,029
1,148
14, 483
254
1,495
71, 149
407
93, 415
800
9,032
2,593
6,492
17, 127
1,180
122
8,300
3,345
1,194
2,563
293
156
7,052
30, 478
497
4,558
768
475
821
879
49
1,021
1,135
2,733
6,428
20, 836
3,346
28, 311
3,283
124
1,127
168
11,412
7,415
3,112
593
59
98
1,749
109
320
700
6,613
2,544
6,244
184
64, 631
1,095
1,237
13, 346
252
1,530
66, 126
424
95, 030
847
9,018
2,579
6,571
17, 374
1,118
119
8,955
3,925
1,134
2,517
264
167
7,067
31, 891
525
4,516
832
447
724
786
45
1,027
1,231
3,097
6,913
23, 263
3,368
30, 486
3,712
124
1,264
172
11,841
8,410
3,175
598
61
98
1,714
96
344
817
6,758
2,473
5,884
182
65, 722
1,272
1,352
15, 758
251
1,675
70, 552
413
96, 832
879
9,075
2,954
7,055
19, 162
1,294
133
9,828
3,795
1,240
2,480
281
189
7,103
30, 321
553
4,607
809
489
868
780
43
1,110
1,208
3,467
7,398
24, 968
3,461
31, 840
4,246
126
1,440
180
0
12, 439
9,000
3,280
591
63
109
1,750
100
352
"923
6,934
2,260
5,881
178
71, 908
1,349
1,423
16, 890
263
1,870
75, 555
366
100, 631
899
8,738
3,118
7,269
18, 281
1,296
(*)
10, 790
3, 955
1,463
0
2, 473
281
210
7.043
34, 374
502
4,682
770
526
933
832
48
1,136
1.8
1.7
1.7
1.7
1.6
1.6
1.6
1.6
1.5
1.5
1.4
1.4
1.4
1.4
1.4
1.4
1.3
1.3
1.3
1.3
1.3
1.2
1.2
1.2
1.2
1.2
1.1
1.0
1.0
1.0
.9
.9
.9
.9
.9
.8
.8
.7
.7
.5
.5
.5
.4
.4
.3
.3
.2
.2
.2
.2
.2
.1
.1
.0
.0
.0
2.6
-4.4
.2
*
1.3
-1.2
-3.7
4.1
1.3
2.1
.1
.1
.3
2.1
.4
4.7
1.8
5.9
-1.2
-1.4
.8
13.2
2.3
4.2
4.5
1.3
3.4
.2
2.7
-4.8
4.0
6.6
.9
3.1
2.4
-6.2
.2
-4.1
1.9
-3.4
-5.3
-5.0
-2.6
.3
2.1
-3.8
7.5
-3.3
4.7
1.3
-.5
.8
.6
2.8
10.2
1.2
.0
-2.8
22
* '
1.8
2.4
3.5
1.2
-1.0
-2.1
1.0
.8
.4
3.0
1.5
.2
1.0
3.3
3.4
4.5
.1
4.7
2.2
3.1
1.1
-1.2
-3.6
-2.3
-.3
2.2
.1
-.2
-.7
1.9
.9
3.3
1.0
-.5
2.3
.5
1.3
1.4
-3.7
1.1
1.1
1.5
.4
-.6
2.8
.3
.2
.4
.4
.4
2.5
.9
2.7
1.4
4.7
.8
1.2
-1.3
-1.0
3.6
6.1
5.5
2.4
7.3
-2.1
2.0
-1.9
-3.7
2.5
-2.5
.1
-1.1
-.8
-4.0
-2.9
-1.3
-3.4
-1.4
-3.' 7
2.6
.2
2.3
2.9
-13.4
6.0
-6.5
-.7
2.8
.4
-1.6
-1.1
-10.3
—3. 6
4.0
17.6
4.4
6.4
1.1
6.5
8.6
.5
10.9
6.0
2.1
12.0
3.0
— 5
2.0
3.2
-1.9
-4.3
2.3
-2.7
.1
-5.6
1.0
-3.2
2.7
9.4
7.4
5.3
1.2
7.7
2.0
-3.5
2.5
4.0
-1.1
6.3
3.8
2.2
3.2
4.4
9.1
5.7
7.0
-1.5
-1.4
10.4
.0
4.1
.3
.9
.1
3.5
4.4
-1.8
-.7
3. 6
9.' 3
2.2
3.7
3.0
.1
.2
-.9
1.3
-1.7
2.2
3.6
.2
2.5
1.3
-4.0
-.3
-.7
3.8
.1
-1.9
.3
-2.4
1.0
.3
-3.7
5.2
-3.0
2.5
.2
-.6
1.3
-1.0
1.0
3.9
.0
2.0
-1.5
.5
8.6
2.6
2.9
-3.8
1.4
4.3
.9
4.8
-.6
.4
6.6
-7.0
5.1
-3.2
.1
1.4
1.9
1.3
-1.5
-5.6
.0
0
-3'. 6
.9
3.6
-5.6
2.9
.1
2.2
-4.1
4.4
-2.8
1.6
4.1
5.1
-13.9
-1.6
-1.6
-5.3
-3.3
-2.5
2.7
-.3
3.1
-3.8
-2.6
1.5
-6.7
2.1
10.9
1.3
3.5
-10.3
-.5
3.' 2
A
1.7
.4
5.6
.9
1.4
2.4
3.6
-2.3
2.4
10.2
2.7
2.9
1.7
3.5
4.9
-.1
3.4
3.4
2.9
2.8
2.9
-.2
2.1
-.5
1.2
-3.5
1.9
3.4
2.6
-9.9
-.3
-2.4
-1.4
2.9
2.3
4.0
.5
5.4
Q
-s'.i
Showing declining trends, 1948-63
641
407
575
382
566
450
596
378
628
398
-.1
-.1
-1.0
2.8
.5
3.4
-2.6
-10.6
3.0
1.4
-.3
3.1
.2
-4.8
do
13, 207
Thousands
4,196
Thousands
25, 574
Million pounds
1,504
Million gross..
333
Million barrels
142
Thousands of fine oz. _ 37, 660
Billions of board feet..
37
Thousands
23, 412
Million pair
346
Mil. of pass, miles.... . 24, 000
Million linear yards. . . 9,640
Thousands
1,040
Million pounds
4,464
Thousand pounds
7,400
Thousand long tons...
91
Thousands
4,766
Million pounds
263
Thousand short tons..
1,779
Millions
27, 070
M illion pound.
2,458
9,930
Thousand short tons...
Thous. hides and skins.
26, 070
630
Thousand short tons..
4,648
Thousands of dozens
Thousands of squares.
29, 913
251
Million pounds
208
do...
2,750
Thousands
11,820
do
600
Millions of short tons.
5,160
Thousands
11, 594
3,364
23, 544
1,435
280
130
30, 766
33
21,316
323
19, 896
9,366
715
4,191
6,900
81
3,475
189
1,392
21,055
2,160
9,915
21, 969
435
3,696
21, 754
240
165
1,814
7,958
416
3.235
10, 824
3,444
24, 294
1,536
305
133
34, 794
32
18, 797
314
19, 703
9,168
785
4,082
6,700
78
3,480
189
1,217
22, 010
2,084
8,689
22, 736
464
3,620
21, 469
213
149
1,830
8,814
403
3.520
11, 553
3,795
24, 029
1,579
309
134
36, 798
33
20, 218
325
21, 279
9,248
900
4,188
6,500
79
3,775
(*)
1,423
23, 365
2,206
8,070
22, 523
505
3,635
22, 959
208
149
1,963
9,022
422
3.773
12, 763
4,029
24, 558
« 1, 453
316
135
35,444
35
21, 587
a
330
22,000
8,778
950
4,041
6,600
78
4,125
222
1,504
23, 063
2,046
8,300
21, 653
527
3,759
23, 610
« 196
161
« 2, 078
8,927
452
3,817
-.2
.3
-.3
-.3
-.3
-.3
-.4
-.4
-.5
-.5
-.6
-.6
-.6
.7
-3.1
-1.2
1.3
-.5
-4.3
.0
.1
-1.5
-1.4
.0
1.1
-5.6
.0
1.1
-1.1
-5.2
-4.6
.6
-2.7
-4.8
.9
-1.6
-2.8
2.3
-3.5
11.3
8.1
-4.6
-.7
-5.3
-6.2
-2.0
1.4
.6
-1.2
-.5
1.7
.8
-2.7
-2.0
.8
-3.3
-1.7
.6
-2.3
1.6
-1.2
-2.1
-.4
-.9
1.6
4.6
1.0
1.5
-.7
-5.6
-4.0
-7.6
-1.5
-2.5
-3.5
1.9
-3.1
-2.9
-3.9
-1.5
-2.2
-4.2
2.1
-7.5
.0
2.2
-.4
-1.6
-.6
-3.7
1.1
-6.0
-.4
1.2
-2.7
-7.6
-5.7
-2.1
-2.8
-4.9
-6.5
-3.6
.7
-8.5
8.8
-2.7
-7.0
-5.5
-.8
3.3
6.2
1.4
.1
4.1
1.3
4.8
1.7
.4
.7
3.2
-2.1
9.9
-1.3
-1.5
-1.3
5.9
5.5
2.6
3.1
-1.8
-5.8
-.5
6.6
.6
2.8
-6.2
-.8
4.7
3.9
2.8
5.7
-.5
-1.1
-.4
.2
-,5
-1.7
.3
-1.2
-1.8
-.6
-1.5
-.1
-2.9
-1.0
1.3
-1.2
-3.8
-2.7
.1
-.8
-.7
.9
-.2
-1.9
-1.3
-3.7
2.5
-5.3
-3.6
-2.0
-2.2
-4.8
.1
1.0
.0
-1.1
-.1
1.7
-1.5
.8
1.3
.1
.8
-1.4
2.9
-.1
-3.7
-.8
3.5
1.3
-2.6
-1.4
-2.0
-4.3
-2.7
-.2
-1.5
1.7
-7.3
3.9
.9
-1.7
-1.4
2.4
Billion ton-miles
Thousand short tons.,
n
-.8
-1.0
-1.0
-1.1
-1.1
-1.1
-1.2
-1.2
-1.2
-1.2
-1.4
-1.6
-1.6
-1.7
-1.8
-1.9
-1.9
-2.0
1964
27
SURVEY OF CURRENT BUSINESS
Table A.—Production of Selected Products and
Product or service
Services, 1948, and 1960-63, and Average Annual Rates of Growth for Specified
Time Periods 1—-Continued
Average annual rates of growth
Production
Unit of measure
1948
1960
1962
1961
1963
1948-63
1948-53 1953-57 1957-60 1960-63
3,138
54,236
362
"74
1,427
99
168
9,941
«927
251
3,948
"2,365
105
(*)
(*)
412
"1,218
«284
5,596
1,235
32
251
-2.1
-2.1
-2.1
-2.2
-2.3
-2.5
-2.5
-2.7
-2.8
-2.9
-3.0
-3.0
-3.2
-3.2
-3.3
-3.4
-3.5
-3.6
-4.1
-4.2
-4.3
-4.3
-4.5
-4.7
-5.0
-5.2
-5.4
-5.6
-6.0
-6.1
-6.3
-6.4
-6.4
-6.5
-7.0
-7.1
-7.4
-7.5
-7.8
-8.5
-8.8
—8. 8
-8.9
-9.0
-9.1
-10.1
-10.2
-12.3
-18.2
-20.1
-2.4
1.0
-1.3
3.2
-.6
.0
-3.1
-1.0
2.3
-2.5
-1.7
-5.2
-11.9
-.7
8.2
-6.5
-4.3
-7.6
-1.0
-3.5
-6.6
-5.9
-5.7
-9.5
-4.8
-8.5
-8.5
-1.2
-8.6
-6.1
-9.0
-8.9
-3.3
-9.3
-11.5
1.8
-2.4
-1.2
-6.2
-6.5
-8.7
-2.8
-13.1
-13.8
-12.6
-16.2
-11V8
-23.3
-23.8
-22.1
1948-57 1957-63
Showing declining trends — Continued
Wire and wire products _
Coke, by-product arid beehive
Outboard motors
Iron ore
Gold, mine production
Creosote oil
_
Manufactured tobacco
Suits, women's
Veal....
Lead, mine
Overcoats and topcoats, men's
Condensed and evaporated milk
Whiskv, production
Residual fuel oil
Lathes
Wool consumption, apparel and carpet
Gas-fired direct heating equipment
Woolen and worsted woven goods .
Calf and kid skins
Methanol, natural ...
Milking machines. _
Wool consumption, apparel class
Carpets and rugs, wool type
Ponderosa Pine doors
Railroad Revenue passenger miles
Maple, beach and birch flooring..
Power sprayers and dusters
Feature movies. __
Local transit, passengers carried
Railroad freight cars
Soap, natural
Heating stoves, domestic
Goat and kid skins
Wire nails and staples
Anthracite
_ .. . _ _
Insulated siding, all types
Rails and accessories
Locomotives, diesel-electric.
Structural clay tile
Pump jacks
Corn pickers, field
Combines (harvester-threshers)
Hand and windmill pumps
Asphalt siding
Tractor moldboard plows
.
Railroad passenger cars
Radiators and con vectors.. .
Windmill towers
Cotton tirecord
. . ...
Black blasting powder
Thous. of short tons.. .
do
Thousands
Millions of long tons. .
Thousands offineoz_ .
Millions of gallons
Millions of pounds
Millions of pounds
Thous. of short tons...
Thousands
Millions of pounds
Millions of tax gallonsMillions of barrels
Thousan d s
Millions of pounds
Thousand 5 *
Millions of linear yds..
Thousands of skins
Thousands of gallons
Thousands..
Millions of pounds
Millions of sq yds
Thousands
M 11 . of passenger-mi _ .. .
Million^ of board feet .
Thousands
Number
Millions
Thousands
Millions of pounds
Thousands
Thousands of skins
Thousands of short fons.
Millions of short tons..
Thousands of squares..
Millions of short tons.
Number
Thous. of short tons...
Thousands. _ _
do
do
do
Thousands of squaresThousands
Number
Millions of square feetUnits
Millions of pounds
Thousands of pounds.
4, 301
74,862
499
101
2,010
145
245
14,963
1,423
390
6,193
3,755
171
466
29
693
2,C84
498
10,480
2,366
62
485
90
4, 091
41, 200
75
131
366
17, 312
115
3,180
5, 227
37. 970
860
57
2, 560
3,517
2, 254
1,271
42
79
91
457
3,280
309
946
60
19,115
285
33, 200
2,975
57, 229
468
89
1,667
93
173
9,419
1,108
247
5, 293
2, 666
149
332
18
411
1,211
286
6,332
2,162
28
246
54
1,948
21, 300
36
74
154
7,521
57
1,293
1, 856
18, 835
320
19
1,131
1, 266
376
488
10
27
30
98
872
94
237
21
4, 102
30
1, 537
3,109
51,910
360
72
1,540
91
169
9,676
1,015
237
4,811
2, 407
113
296
18
429
1,127
310
5, 981
1,195
29
280
43
1,987
19, 800
33
60
147
7, 122
37
1,230
1,884
14,213
322
17
926
1,029
736
423
9
3, 035
51,711
343
71
1,548
88
173
9,271
1,045
262
4, 695
2, 631
146
316
16
412
1,099
287
6, 391
1,604
30
263
44
1,988
20, 300
37
52
131
7,242
32
1,231
1,749
14,865
332
17
1,015
839
256
476
10
21
23
99
854
76
201
14
2, 729
19
1,521
a 41
25
105
799
79
278
12
2,435
19
1,222
1,986
18, 800
34
(*)
155
6,874
45
a
1,211
1,951
14,111
316
19
852
1,107
700
377
11
20
(*)
112
794
74
193
12
2,689
13
1,138
-3.1
-.9
8.3
-2.6
-2.3
-4.6
-3.8
-9.3
-1.1
-.4
-2.9
.0
7.2
-1.9
-12.7
-7.0
-3.7
-3.3
-1.9
-.4
-13.2
-9.4
-4.4
-5.0
-5.1
-1.7
4.2
-1.4
-6.8
4.7
-6.8
-9.1
-8.7
-4.1
-4.9
-10.9
-7.6
-16.9
-8.7
-20.5
-4.8
-13.1
-10.8
-9.7
-12.6
21.2
-6.0
-10.9
-12.9
-21.1
-3.9
-9.0
-10.0
-5.7
-2.2
-8.1
-1.1
-.9
-10.1
-9.9
1.6
-2.5
7.5
-7.2
-10.4
3.7
-5.6
-.9
-11.8
3.4
3.8
-1.2
-1.3
-6.9
-7.2
-9.2
-22.0
-3.4
-17.4
-4.8
-6.0
-5.5
-10.5
-9.4
-13.8
-17.6
-28.1
-8.7
-5.9
-13.0
-12.6
-11.8
-5.6
.7
-34.5
-5.6
8.5
-10.6
-25.3
1.8
-1.8
-8.2
-6.8
-5.0
2.1
-1.0
1.8
-5.7
.5
-9.3
-3.8
-11.0
-5.6
.0
.1
.3
.1
-4.0
-17.0
4.6
.7
-8.7
.6
-3.3
2 2
-io!o
-3.0
-7.6
-2.5
1.7
-9.2
-.4
.9
-9.0
-4.4
23.0
-8.2
3.2
-9.5
-8.7
4.6
-3.1
-7.7
-6.6
-17.0
-13.1
-24.1
-9.5
—2.7
.2
2.8
.5
-1.3
-2.1
-3.4
-4.7
.8
-1.6
-2.2
-2.9
-3.9
-1.3
-1.6
-6.8
-4.0
-5.7
-1.4
-2.1
-9.6
-7.5
-5.1
-7.5
-4.9
-5.5
-3.1
-1.3
-7.8
-1.4
-8.0
-9.0
-5.7
-7.0
-8.6
-4.1
-4.8
-8.5
-7.3
-13.0
-7.0
-7.5
-12.1
-12.0
-12.6
-1.2
-9.3
-18.0
-19.2
-21.7
-1.1
-5.5
-9.1
-6.2
-3.6
Q 2
-l.'l
.5
-7.9
-4.8
-4.0
-3.2
-e!6
-6.4
1.9
-2.7
-.4
-8.0
-7.4
4.2
.7
-5.0
-.3
-5. 1
-4.7
-9.5
-11.6
-3.2
-12.6
-3.7
-2.2
-7.4
-5.6
-4.4
-11.4
-11.2
-5.9
-8.5
-1.4
-11.3
-11.1
-4.0
-4.3
-3.6
—21.8
-11.5
-2.9
-17.7
-17.8
SUPPLEMENTARY LIST
Washer-dryer combinations
Stereophonic phonographs
....
Nylon tire cord
Travel trailers.
_ ... .
Neomycin base
. . ..
Antibiotics for animal feed supplements
Vending machines. _ .
. .. - _ ...
Can openers, including combinations
Titanium dioxide..
_ .
......
Aluminum foil
Dictating machines. ..
.
. .. .. _
Autographic registers
- ... _ . _ _
Frozen potatoes
Je t f uel
Semiconductor diodes and rectifiers
Helicopter transportation . .
_ .
Innertubes, passenger, truck, and bus
Air-conditioning systems, residential, excluding
heat pumps
Air-conditioning systems, commercial, excluding heat pumps
Steel forgings (for sale)
_
. _ __ _ _
Trucks and tractors, gasoline. __ .. .. . . .. .
Trucks, electric, hand (motorized)... __
Recorders, tape
Transistors _
__
Tranquilizers, total
Dihydrostreptomycin
....
Tetracycline
Carpets and rugs, tufted type
Hairdryers with bonnets
Heat pumps
Air conditioners for autos. installations
Dehumidifiers
__
Power steering
Power brakes
Automatic transmissions _ _
Thousands _
do
Millions of pounds
Units
Thousands of pounds
do
_
Thousands
do
Thousands of short tons
Millions of pounds
Thousands
..
..--do.... .
Millions of pounds. Millions of barrels
Millions . _ - . - .
Thous. of passenger-mi.
Millions .
Thousands... ...
-
C
15.2
20.6
22.0
19.3
3. 1
—42 3
2 9
13 4
22.8
39 0
28 0
—2 8
35 7
1
4 5
69
87
6.8
—4 3
9
37
16 1
35 8
81
11 7
48 9
33 3
42 5
10 3
1 i —1 1
23 0
16 1
94
2 900
149
40 500
40
1 819
621
1 800
503
271
103
111
579
96
279
8 603
38
206
44
3 601
187
57 000
49
2 357
683
2 375
523
297
113
117
762
103
354
8 192
41
262
29
3 643
204
73 700
a go
a 2 509
a 592
3 000
521
321
(*)
(*}
862
(*\
439
12 700
40
°353
235 0
— 14 5
30 8
'84
115
109
144
°152
9
9 7
9 7
9.7
827
843
6, 691
/100
/I
C
468
* 139
* 220
«21
' 3, 000
i l 000
i 41
fc25
« 25
• 114
k
1, 270
1, 268
22 625
5,537
500
128
1, 164
392
287
152
NA
47 500
414
375
2, 345
1,586
4,300
1 183
19 669
4 623
600
191
1 403
388
391
179
3,000
51 000
438
375
2 082
1 241
3 930
1 359
26 783
6 005
720
240
1 336
565
431
225
7 000
61 800
757
365
2 857
1 731
4 965
1 392
29 207
6 562
828
300
—7 5
54
3i
56
32
80
58
18.3
32 8
31
20 0
13 9
20.0
—1.2
55
g
1,
h
26
k
*Not available.
i Average annual growth rates, calculated from data for the beginning and ending years,
are derived by the use of the following formula: Pz=Pi (l+r)«, where P2 is the end-of-period
production; A is the beginning period production; r= rate of growth; and t is the number of
years from the beginning to the ending period. For some products, where data were not
available, 1947 was substituted for 1948 and 1962 for 1963. In the supplementary list, the
production data shown in the "1948" column are for the 1st year such figures are available
as indicated in the footnotes below.
—26.2
17 1
18 6
7 7
11 3
9 4
151
3 340
139
40, 300
30
1, 199
646
1, 200
456
249
99
115
551
88
185
9, 475
41
188
-..-do
Thousands of short tonsUnits
....do
.
Thousands
Millions
Thousands of pounds
do
.
... do
Millions of sq yds
Thousands
Units
Thousands.. ...
____do
... do
.- do
....do.
—5 5
104
d i 105
* 8c
15, 370
/15
sh 236
428
d
300
'299
* 94
i 99
» 108
' 71
«21
/19
>26
'* 67
'"41
46 3
19 0
8 2
15 9
34
—1 2
32 7
15 4
a 1 277
(*)
17 5
a 424
°262
9 700
a 77 100
1 032
220
3 526
2K Oil
« 611
26.5
74
53
25
34
37
12
2
6
4
2
g
6
64 0
6 5
— 12 3
— 10 8
15.0
72 8
22 0
18 6
2
4 3
—4 4
17
35
— 16
14
8
9
7
6
3
6
2
3
2 2
7.8
2.6
25.6
10.2
40.9
25.3
19.7
8.8
47.6
4.8
-.6
.8
17.4
42 5
28.6
-.4
71
1.8
2.2
"New or revised 1963 output data for about 50 products became available subsequent to the
calculation of growth rates and the arrangement of of the table. The new or revised output
figures for 1963 and the revised growth rates for 1957-63 and 1960-63 are shown. For the
1948-63 period, the revisions in the growth rates were generally too small to warrant a rearrangement of thed table. Tables 1, 2, and 3 do not reflect the revisions in the growth rates.
«> 1947. «1956. !958. «1952. /1954. «1951. * 1955 '1950. H953. * 1949. '1961.
Source: U.S. Department of Commerce, Office of Business Economics, based upon data
obtained from private and Government sources.
SURVEY OF CURRENT BUSINESS
28
of the 3-year rates. The data are
shown in table 3.
From 1957 to I960, only 16 percent
of the items were classified as fastgrowing; from 1960 to 1963 the proportion rose to 21 percent. The declining
items constituted 37 percent of the total
from 1957 to 1960; in the later period,
this group represented 21 percent of all
items.
Growth patterns of neiv products
Relatively few of the products that
were comparatively new in the early
postwar period have continued to show
very high growth rates throughout
their market life. Polyetlrylene, argon,
textile glass fibers, antibiotics, and
noncellulosic libers, while expanding
much less rapidly than earlier, were important items introduced since the
still growing at an average rate of 10 end of the war, only 4—dishwashers,
percent or more per year in the 1957-63 disposals, tape recorders, and electric
blankets—have shown a generally conperiod.
sistent upward trend throughout their
Room air conditioners, freezers, and
market life. For other appliances, profrozen fruits are among some of the
duction peaks were generally reached
more important new products showing
within 5 to 10 years after their
little change in output from the peak introduction.
years of the mid-50's. Frozen meats
Output of black and white television
and latex mattresses represent new sets, which reached high rates in 1950
postwar lines that grew very rapidly and again in 1955, has since continued
below these peaks. In a comparatively
from 1948 to 1957 but have since
few years following the introduction of
s h (> w n 11 e »• a t i v e r a t e s.
television receivers demand was so
The growth rates of m a n y new con- strong t h a t by 1956 about SI percent of
sumer durable products t h a t appeared the wired homes in the United States
on the market in the very early postwar were equipped with receivers; at present
period have not been uniform. Of 12 the figure is 93 percent.
REVISED STATISTICAL SERIES
Manufacturing and Trade Total and R e t a i l Inventories 1
[Millions of d o l l a r s !
Unadjusted
Manufacturing and
trade, t o t a l
1C* tail f r a d r , - o t a l
!<»•>, 422 103,777 101. i > 10,', 49S 10(»,619 107,143 107,16} lob,735
)9.o41 100,71S ( 101,S30 102,016 Io2, J2J 102 Ihi
I
27, S47 2s, ,'U 2\ ^b2 2S, 720 2s !7s
iif,M; f >
27,054
I I i 14
'Ml
12 < M 2
12 2S!
12 ^7
'
*)S i P
2x, >JO
2 ( > 127
2s, "9^
JO,200
'30, 56b
10,352
V> 11>
!'>„
%9 ,
*•>« <iM math adjusted
I'M, j29 105,127 105, H" I0r., 4U 105721 106,371,106, 07 lob, 621
{]
'»2l
21 2-jl
"<H
ll
i P
29,585
12 OM
"> l i •
29 MIS
1 2 MI,
) P4
29 "sr
I
is
P)
29,1 bl 29,961 I 19,926
u OH i 13 04") 1 3 0 2 4
r f
"), »nO
>, 7lil
! )21
JO 180
M )~ 1
*24
M a n u f a c t u r i n g a n d T r a d e T o t a l a n d Jit t a i l I m e n l o r y — ^ales R a t i o s 1 v M o n t h « » )
Manufacturing
trade, total
1
|
;
:
!
1. 52
1. 50
1. 51
1. 50
i. 50
1, 50 j1
1.38
1. 78
1. 39
1. 80
i. 39
i. 77
I. 40
1.81
1,39!
1.79!
i, 50 !
i
1.3S !
!.S3|
1. 52 !
•
1.41!
!.. S2 j
1, 51 ;!
1.38
I. 77
1. P |
i
1.3s j
1, 77 |
1. 40 '
1.75:
!
1.42J
1.40
1. 83 j 1.83
i, .19
1. 19
1. 19
!.. '2i
1.21
1. '20 i
L. 2 0 !
1.18;
!.. 21 !
1.22'
1. 22 j
and
R e t a i l trade, total
Durable goods stores-.
Nondurable
goods
stores
........
i
1. 53
1. 50
1.19
j
!
\
1. 48 i
i
1.41
1.85:
1. 48
1. 50 |
i. 48
1. 47 i
1. 48 i
1. 45
1.37
1.75
1.40
1.86
1.40
1.86
i. 18
1.17
1.18
1.3D 1
i. 87 ;
i
1. 16 i
1.37
1. 82
1. '20 j
1.37 |
1. 80 !
j
1. 16 j
|
1. 15
BUSINESS STATISTICS
I HE STATISTICS here update series published in the 1963 edition of BUSINESS STATISTICS, biennial Statistical Supplement to the SURVEY
OF CURRENT BUSINESS. That volume (price $2.00) contains data by months, or quarters, for the years 1959 through 1962 (1951-62, for major
quarterly series) and averages of monthly or quarterly data for all years back to 1939; it also provides a description of each series and references
to sources of earlier figures. Series added or significantly revised after the 1963 BUSINESS STATISTICS went to press are indicated by an asterisk
(*) and a dagger (f), respectively; certain revisions for 1962 issued too late for inclusion in the aforementioned volume appear in the monthly
SURVEY beginning with the August 1963 issue. Also, unless otherwise noted, revised monthly data (for periods not shown herein) corresponding
to revised monthly averages are available upon request.
Statistics originating in Government agencies are not copyrighted and may be reprinted freely,
through the courtesy of the compilers, and are subject to their copyrights.
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1961 | 1962 | 1963
1961
III
Annual total
Data from private sources are provided
1962
| IV
I
II
1964
1963
|
IIIIV
I
III
II
IV
I
II
' 507. 1
III
Seasonally adjusted quarterly totals at annual rates
GENERAL BUSINESS INDICATORS—Quarterly Series
NATIONAL INCOME AND PRODUCT
National income totalf
bil. $..
426.9
455.6
478.5
429.7
442.4
447.2
454.3
457.8
463.2
467.9
474.6
481.9
490.0
498.4
304.7
310.7
316.6
322.4
325. 3
328.0
332.7
338.1
342.7
347.7
352. 5
358.6
328 7
265 3
11 7
51.7
29 9
51 7
39 1
12 6
12 4
Compensation of employees, total _ _ _ . do
302.2
323.1
340.3
Wages and salaries, total
Private
Military
- --Government civilian
Supplements to wages and salaries
Proprietors' income, totaled
-~
Business and professionald*
Farm
Rental income of persons
Corporate profits and inventory valuation
ment total
--
do
do
do._ _
do
do
do _ _
do_ _ _
do
do
adjustbil. $
278.8
227.0
10.2
41.6
23.4
48.2
35.3
12.9
12 2
297.1
241.6
10.8
44.7
25.9
49.8
36.6
13.2
12 2
312.1
252.9
10.9
48.3
28.2
50.6
37.6
13.0
12 3
281.1
228.9
10.0
42.2
23.6
48.5
35.7
12.8
12 2
286.8
233.2
10.8
42.8
23.9
49.6
36.3
13.3
12 2
291.2
236. 5
11.1
43.6
25.4
50.0
36. 3
13.7
12 2
296.6
241.5
11.0
44.1
25 8
49.9
36.6
13.3
12 2
299. 2
243 5
10.7
45.0
26 1
49.7
36. 7
13 0
12 2
301.6
244 8
10.5
46.3
26 4
49 7
36.9
12 8
12 2
305. 3
247 5
10.6
47.2
27 4
50 3
37. 1
13 2
12 3
310.1
251 6
10.7
47.8
27 9
50 1
37.3
12 8
12 3
314.3
255 0
10. 7
48.7
28 4
50 7
37.8
12 9
12 4
318.8
257 6
11.7
49.6
28 8
51 5
38.3
13 2
12 4
323.2
260 8
11. 7
50.7
29 4
51 2
38.6
44.1
48.4
50.8
44.0
49.0
47.1
48.0
48.3
50.3
49 1
50.2
51.4
53 1
56 4
r
57 9
do
do
do__.
do
do
do _
44.2
22 3
21.9
15 2
6.7
-.1
48.2
23.2
25.0
16.5
8.5
.3
51.3
24.6
26.7
18.0
8.7
44.3
22.3
22.0
15. 1
6.9
-.3
49.3
24 8
24.5
15 7
8.8
— .3
47.2
22.7
24.5
16 1
8.4
—.1
47.9
23 0
24.9
16 4
8.5
.0
48.1
23 1
25.0
16 5
8 5
.1
49.4
23 8
25 7
17 1
8 6
.9
48 9
23 4
25 5
51. 1
24 5
26 6
17 7
8 9
— 9
51.3
24 5
26 7
17 9
8 9
.2
56 6
25 4
31 2
19 4
11 8
_ 2
r
57 9
Corporate profits before tax, total
Corporate profits tax liability
Corporate profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment .
A
83
2
54
26
28
19
9
—1
3
0
3
1
2
2
19 fi
12 4
r 26 0
r 31 Q
19 8
r 12 1
— 1
- do
20 1
22.1
24.4
20 4
20 9
21 3
21 8
22 3
22 9
23 5
24 0
24 7
25 4
25 9
26 5
do
518.7
556. 2
583.9
522. 4
536.9
545.5
553.4
559 0
566 6
571 8
577 4
587 2
599 0
608 8
618 6
Personal consumption expenditures, total. _do
Net Interest
Gross national product, totalf - -
337.3
356.8
375.0
339.1
345.2
350.5
354.0
358.5
364.0
369.2
372. 0
377.4
381.3
390 0
396 1
_ do
do
__do
do
do._.
..do
do .
do
do
do
do___
43 7
17 1
19 3
155 4
28 7
81.3
11 9
138 3
20 4
44 2
10 7
48.4
20.6
20.2
162 0
29.9
84-. 6
12.3
146.4
21.6
46 5
11.3
52 1
22.7
21.4
167 5
30.7
87.1
12.8
155.3
22 7
48 9
11.7
44 3
17 4
19.5
155 7
28 7
81.4
11 9
139. 1
20 6
44 4
10 7
46
18
19
157
29
82
12
141
20
45
10
0
6
9
8
4
2
0
4
9
0
8
47 4
19 7
20 1
159 5
29 6
83.2
12 2
143 6
21 3
45 6
11 1
47
20
19
161
29
84
12
145
21
46
11
48
20
20
162
30
85
12
147
21
46
11
50
21
°0
164
30
85
12
149
22
47
11
2
8
6
4
2
9
5
5
0
5
5
51 1
22 4
20 8
166 0
30 4
86 4
12 7
152 1
22 4
48 0
11 6
51 5
22 6
21 0
166 6
30 1
86 9
12 8
153 9
22 4
48 6
11 7
52
22
21
168
31
87
12
156
22
49
11
2
6
6
6
3
3
9
6
9
2
7
53 6
23 2
22 3
168 9
30 9
87* 8
13 0
158 8
23 0
55 9
24 3
23 1
172 9
32 1
89 7
13 3
161 1
23 5
57
24
24
175
33
90
13
163
24
do
68.8
79.1
82.0
71.3
74.9
77.4
78.9
80 2
79 9
77 9
80 2
82 8
87 1
85 9
87 2
do...
do
do...
do
- do -
41 0
21 1
25.9
1.9
15
44 2
23 6
29.0
5.9
5.3
46 6
25 2
31.0
4.4
39
41 3
21 5
26.3
3.7
33
41 9
22 1
27 4
5.6
5 2
42 5
22 5
28*. 1
6.9
6 4
44 1
23 5
28.8
6.1
5 5
45 5
24 4
29 6
5.1
4 4
44 9
°4 0
29 7
5.4
4 8
44 7
24 3
29 6
3.6.
30
45 9
25 1
30 7
3.6
32
47 2
25 4
31 4
4.2
37
48 3
49 2
48 9
32 4
6.4
6 0
34 2
2.5
2 2
34 6
3.7
34
do
do
do
4.6
27 6
23 0
4.0
29 2
25 2
4.4
30 7
26 3
4.2
27 8
23 7
4.3
28 4
24 1
3.4
28 0
24 6
4.3
29 6
25 3
4.4
29 7
25 3
3.9
29 4
25 5
4.3
00
4.2
01 n
5.8
7.7
5.7
OC Q
9fi Q
9fi S
97 Q
Govt. purchases of goods and services, total, .do
Federal (less Government sales)
do
National defense 9
do
State and local
do
108.0
57.4
49.0
50 6
116.3
62.9
53.6
53 5
122.6
64.7
55.2
57 9
107.9
57.1
48.6
50 9
112.6
59.8
50.9
114.3
61.4
52.5
52 8
116.1
63.6
55.3
115.9
62.4
53.0
122.8
64.4
55.5
124.8
64.9
55.3
125. 2
64.3
54.0
60. 9
129.6
67.1
57.0
By major type of product: f
Final sales, total
Goods, total . _
Durable goods.
... _ _
Nondurable goods...
Services
Construction
516 8
257 9
94 5
163 4
200 8
58 1
550 3
273 6
102 3
171.3
214 7
62 0
579
285
108
177
228
65
5
8
2
6
4
2
518 7
258 8
95 4
163 4
201 8
58 2
531
264
98
166
206
59
4
8
4
5
8
7
538 7
268 9
100 2
168 7
210 0
59 8
547 3
273 5
103 5
170 0
212 2
61* 6
554 0
273 9
101 4
172 6
°16 8
63 2
fiflfi
A.
9QQ
9
1.9
1
2.0
5.9
30
2.' 9
4.4
2 2
2.' 2
3.7
2 3
L4
5.6
3c\
2.0
6.9
3 Q
2.9
6.1
31
3.0
5.1
5.4
3.6
2.0
3.6
2.0
Durable goods, total ©
_
Automobiles and parts.. _
Furniture and household equipment
Nondurable goods, total©
_
Clothing and shoes
Food and alcoholic beverages
Gasoline and oil
__
_
Services, total ©
Household operation.
Housing
Transportation
Gross private domestic investment, total
New construction
Residential nonfarm
Producers' durable equipment
Change In business InventoriesNonfarm.__
Net exports of goods and services
Exports
_
Imports
_
Inventory change, total
Durable goods
Nondurable goods
_
do
do
do
do
. do
do
_do
"do
do
CO Q
' Revised. * Preliminary. jRevised series. Estimates of national income and product
and personal income have been revised back to 1961 (see p. 8 fl. of the July 1964 SURVEY)revisions prior to May 1963 for personal income appear on p. 15 of the July 1964 SURVEY
7
3
9
0
7
1
2
3
3
2
2
co e
4
5
3
9
0
2
3
2
7
8
4
eo e
3.4
0
orv r
25 4
26 3
118.7
63.8
53.5
121.4
65.1
54.8
120.9
64.3
55.2
%1
278
104
174
220
63
568
280
105
175
224
2
2
1
1
0
0
2
9
0
8
7
g9 7
9fi 9
£70 7
COO ft
CQ9
286
111
175
223
63
285 7
106 6
179 1
9QO *}
110 4
5
0
5
5
7
3.6
!
4Q 8
11 8
.9
cfIncludes inventory valuation adjustment.
9 Government sales are not deducted.
901 9
66 2
4.2
(*
179 9
Cft
C
C1
12 0
9fi Q
114 3
183 9
0
1
2
3
2
6
5
8
o
1
12 2
9fi 9
IftA
9
m
A
185 4
9^4 ^
fi'7 8
900 e
ft
941 7
CO Q
6.4
3. 0
3.4
2.5
3.7
f.Q
2. 5
1.2
©Includes data riot shown separately.
2.7
1.8
S-l
SURVEY OF CURRENT BUSINESS
S-2
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1961
1962 I 1963
1961
1963
1962
1964
j
Annual total
IV
I
II
III
IV
I
in !! iv
II
I
11
<
GENERAL BUSINESS INDICATORS—Quarterly Series -Continued
NATIONAL INCOME AND PRODUCT— Con.
Quarterly Data Seasonally Adjusted at Annual Rates
GNP in constant (1954) dollars
Gross national product, totalt -bll. $._
Personal consumption expenditures, total do
Durable goods
Nondurable goods
Services
_
do „_
do
do __
Gross private domestic Investment, total
New construction
Producers' durable equipment
Change In business Inventories.
do
do
do_ __
_do
.
447.9
476.4
492.6
462.5
469.1
475.1
478.3
483.0
485.4
487.9
494.8
502.0
508.0
513. 5
303.8
318.5
330.6
310. 0
314.2
316.6
319.8
323. 6
327.0
328. 6
332.4
334.4
340.9
345 0
41.4
143. 5
118.9
45.7
148.3
124.5
49.3
151.6
129.7
43.7
145.6
120. 8
44.8
146.6
122. 7
44.9
147.8
123.8
45.6
149.1
125.0
47.6
149. 5
126.5
48.5
150.7
127.8
48.6
151.1
128.9
49.4
152. 5
130.6
50.8
152. 1
131.6
53. 1
155.2
132.6
54 0
157.4
133 7
57.4
65.9
67.7
62.7
64.8
65 8
66.3
66.5
64.7
66.2
68. 1
71.7
70 1
70 8
34.3
21.4
1.7
36.7
24.0
5.2
37.9
25.6
4.1
35.2
22.7
4.8
35. 5
23.2
6.1
36.6
23.8
5.4
37. 5
24.4
4.4
37.0
24.7
4.9
36.8
24.6
3.4
37.5
25.4
3.3
38 2
25.9
4.0
39 0
26.8
5.9
39 6
28 1
2.4
28 3
33
,_do-___
2.5
2.2
2.2
2.1
1.3
2.8
2.8
2.1
1.3
2.1
2.0
3 5
5 4
3 4
Govt. purchases of goods and services, totaL..do _._
Federal
do
State and local
_ _ _ _ _ __do
84.3
44.8
39.4
89.8
49.4
40.3
92.1
49.7
42.4
87.7
47.0
40. 7
88.8
48.4
40.4
89.9
50.2
39.8
89.4
49 2
40. 2
90.7
49 9
40 9
92.4
50. 7
41.8
91.0
49 4
41 7
92.3
49 6
42 7
92.4
48 9
43 4
91.6
47 8
43 8
94.3
49 8
44 5
417,6
52.9
364.7
442.4
57.9
384. 6
464.1
61. 6
402. 5
428.6
54.4
374.2
434.7
56. 1
378.5
441.0
57 6
383. 4
444.5
58 5
386.0
449.7
59 3
390 4
455. 2
60 1
395. 1
460. 2
61 1
399 1
466 3
61 9
404 4
474 5
63 3
411 2
480 9
61 4
419 5
487 9
56 6
431 3
27.3
27.8
27 5
29 1
28 0
99 4
275
26 4
25 9
27 1i.
.;/.
27 o
29 9
99 5
35 9
11 09
q 4Q
Net exports of goods and .services
DISPOSITION OF PERSONAL INCOMEf
Quarterly Data Seasonally Adjusted at Annual Rates
Personal Income, total . _ _ _ _ _
HI. $_.
Tjpss 1 Personal tax and nontax pavments
do
Equals- Disposable personal Income ._ _ _ _ d o _ _ _
personal ^avln^ §
do
NEW PLANT AND EQUIPMENT
EXPENDITURES
Hnadiusted quarterly or annual totals:
All Industries
HI. $
34.37
37.31
39.22
9.54
8.02
9. 50
9,62
10 18
8 25
q 74
IQ 14
do
do__.
do
13. 68
6.27
7.40
14.68
7.03
7.65
15. 69
7.85
7.84
3.88
1.79
2.09
3.14
1.44
1.69
3.69
1.77
1.92
3.72
1.79
1.93
4 13
2 03
2 10
3 27
1 62
1 65
3 6°
1 96
1 %
•\ 95
1 96
1 99
4 56
2 931
2 5
3 7Q
1 93
1 87
do
do.. .
do
do
do
do
98
.67
1.85
5 52
3.22
8.46
1.08
.85
2.07
5.48
3.63
9.52
1.04
1. 10
1. 92
5 65
3. 79
10. 03
, 26
. 16
. 50
1.54
.88
2.32
.26
.16
. 47
1.06
.88
2.06
,27
.26
.60
1.37
93
2, 37
.28
,24
.50
1 54
R7
2,48
.27
.20
50
! 52
. 95
2, 60
24
.21
39
1 04
85
2 96
28
54
1 40
05
2 41
27
°29
45
1 60
93
2 64
28
33
54
1 61
1 06
2 72
26
39
51
1 18
97
2 37
do
35 40
35. 70
36 95
38 35
37 95
36. 95
38 05
40 00
41 20
. do
do
do
14.00
6. 40
7.60
14, 20
6, 55
7. 60
14. 45
6- 95
7. 50
15. 05
7.25
7.80
1 .5. 00
7 30
7.70
14.85
7, 35
7.50
15. 30
7. 65
7. 65
15.95
8.00
8.00
16. 45
8.30
8. 15
1.00
. 60
1.95
5. 55
3. 35
9.00
1.15
.70
2.05
5.15
3.70
8.75
1. 05
.95
2.25
f,. 40
3.65
9.25
1.10
1.00
2.00
5. 75
3.60
9.85
1.00
.80
1.90
5. 45
3.60
10.20
1.05
.90
1.70
5.20
3. 55
9.65
1.00
1.00
2. 05
5.45
3.65
9.65
1.05
1.20
1.85
5.90
3.85
10.20
Manufacturing
Durable goods Industries
Nondurable goods Industries
Mining
Railroads
Transportation, other than rail
Public utilities
Communications
Commercial and other
_
Sons. adj. qtrly. totals at annual rates:
\!1 industries
Manufacturing
__
D arable goods industries
Nondurable goods industries
.-
9fi
r
r
r
83
4,860
4,875
4,895
' 9, 071 '9,219
9,742
4, 835
4,850
U.S. BALANCE OF INTERNATIONAL
PAYMENTS^!
Quarterly Data are Seasonally Adjusted
U S payments recorded
mil $
31, 791
33, 486 '35,990
8,616
8,447
8, 151
8,312
8.576
' 8, 724
'9,713
' 8, 482
do
do
__ do
14,497
2,954
5,401
16,134 ' 16, 996
2,897
3,044
5,843 ' 6, 442
3,881
714
1,389
3,948
758
1,412
4,058
749
1, 462
4, 088
745
1,465
4,040
792
1,504
r 4, 037
747
'1,543
' 4, 212
731
' 1,588
' 4, 368 ' 4, 379 ' 4, 366
708
'717
711
'1,654 ' 1,657 '1,662
Remittances and pensions
do
705
4,054
738
4,293
174
1,206
187
1.074
189
1,065
177
1,066
185
1,088
'209
'1,060
'209
' 1,336
U S private capital (net)
Direct investments
Long-term portfolio
Short-term
do
do
do
do
4,180
1,599
1,025
1,556
3,434 'T 4, 307
1 654
1,888
1,227 ' 1,685
'734
553
1,252
377
445
430
1,068
260
390
418
628
446
303
-121
771
417
208
146
967
531
326
110
'1,128 '1,637
' 477
'6!8
598
' 546
' -36 '562
'197
'923
208
1,130
'1,008 '1,354
'517
' 558
'227
'238
'610
'212
1,395
513
261
621
'202
' 206
1,009 ' 1,117
do
30, 419
32, 394 ' 33, 685
7,717
7,706
7,925
8,408
8,355
' 7, 780 ' 8, 429
' 9, 326
9,040
do
do
19,913
8 525
20, 576 rr 21, 989
9 508 !0 031
5,121
2 187
5, 032
2, 198
5,237
2 397
5,288
2 339
5, 019
2 574
' 4 990 ' 5, 472 ' 5 610 '5,917 '6,112
r
' 2 545 ' 2 505 ' 2 427 ' 2 554 2, 885
' 6, 042
2, 756
Repayments on U S Govt. loans
do
1,274
707
r 696
196
213
150
326
237
54
606
175
287
475
— 1,372 — 1,092 T— 2 305
—998 — 1,111 ' —339
—899
-332
-741
—226
214
96
-430
—221
-460
' 107
' —944 '— 1 284 ' 114 ' —191
' ' 11 ' 267
' 57 ' -192
' —118
-1,231
-748
-440
-334
-681
'-1,062 '-1,295 ' -153 ' -134
' -85 ' -733
' -109
' -611
Excess of recorded receipts or payments ( — )
Unrecorded transactions (net)
do
do
Total, net receipts or payments (— )
...do
-2,370
Net receipts or payments (— ), incl. transactions in
nonmarketabie, medium-term convertible Govt.
securities
mil. $..
r
1
2
-2,203 -2, 644
-1,942
Revised.
»Preliminary.
Estimates for July-Sept. 1964 based on anticipated capital expenditures of business.
Estimates for Oct.-Dec. 1964 based on anticipated capital expenditures of business.
Anticipated expenditures for the year 1964 are as follows (in bil. $): All industries, 44,21;
manufacturing, total, 18.27; durable goods industries 9.19; nondurable goods industries,
9.08; mining, 1.12; railroads, 1.46; transportation,
2.31; public utilities, 6.07; commercial and
3
Digitizedother
for FRASER
(incl. communications), 14.98.
Includes communications.
190
r 262
'-1,143
424
r 135
'22
' 8, 880
189
'220
216
' 113
19. 05
9. 50
9, 55
1.10
1 . 90
2-45
6. 00
15. 60
' 4, 576
731
1,702
Exports:
Merchandise
Services and military sales
166
T 79
1 6C<
r | 15
•• 1, 15
'1.25
' i 40
' 2 25 ' 2 . 2 5
' 6. 30
6. 00
4. 30
3
' 10. 45 '^15.10
4,825
969
8
1.15
1.40
2.30
5.95
4.05
10.25
4,815
1,280
1 030
44
61
1.05
1.35
2. 10
5.80
4.05
10. 45
4,800
' 8, 596
9
^f\
2 16. 1 .'
4,790
U S receipts recorded
9Q
34
'43 50 ' I 44 55
4,780
4
' 29
' 36
5 30
2 66
2 f >4
'17. SO ' • I S . 70
' 9. 00 ' 9. 35
'8.80
'9,35
4,770
r
2 1 2 43
17. 40
8.85
8.55
« 4, 797
'534
'235
'303
' 11 28
42 55
<4,755
826
4, 522
r
3 4 11
* 4, 713
.
11 11
' 4 53 ' 4 fi4
' 2 30
' ° 31
' 2 23
r 2 33
' 1 58 1 6°
1 10
' 2 61 r 3 '3 ^'!
Mining
do
Railroods
do
Transportation other than rail
do
Public utilities
do
Communications
do
Commercial and other
do
BUSINESS POPULATION
Firms in operation, end of quarter (seasonally adjusted)
thous
Imports:
Merchandise
Military expenditures
Other services
r
188
54
-702
< Unadjusted. Data represent firms in operation as of Jan. 1; estimate for Jan. 1, 1963
is based on incomplete data. tSee corresponding note on p. S-l (revisions prior to 3d qtr.
1961 appear on p. 8ft*,of the July 1964 S U R V E Y ) .
§Personal saving is excess of disposable income over personal consumption expenditures
shown as a component of gross national product on p. S-l.
d"More complete details are given in the quarterly reviews in the Mar., June. Sept.
and Dec. issues of the SURVEY.
{Revisions for 1960-2d qtr. 1961 appear on p. 10 of the June 1964 SURVEY.
SURVEY OF CURRENT BUSINESS
September 1964
1962
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
S-3
1964
1963
Monthly
average
July
Sept.
Aug.
Oct.
Nov.
Jan.
Dec.
Feb.
Mar.
Apr.
June
May
July
Aug.
GENERAL BUSINESS INDICATORS—Monthly Series
PERSONAL INCOME, BY SOURCEf
Seasonally adjusted, at annualratesif
Total personal income
464.1
464.0
466.1
468.9
472.7
473.8
477.1
*477.S
479.4
480.5
482.9
486.6
487.8
489.3 -491.4
493.9
297.1
312.1
312.9
314.0
316.0
318.2
318.3
320.0
320.8
323.6
325.1
327.7
328.7
330.1 -331.8
334.0
118.5
94.2
76.6
123.3
98.0
80.3
123.7
98.2
80.5
123.6
98.0
80.9
125.0
99.4
81.5
125.4
99.7
81.8
125.1
99.7
81.8
126.0
100.2
82.0
125. 6
100.0
82.4
127.1
100.7
82.8
127.4
101.1
83.1
128.8
102.3
83.7
128.7
102.3
84.2
129.4 -129.9
102.7 -103.0
84.6 -85.2
130.6
103.6
85.5
do
do
__do
46 4
55.6
12.3
49 3
59.2
13.1
49.8
59.0
13.1
50.0
59.4
13.2
49.9
59.7
13.3
50.0
61.0
13.4
50.1
61.3
13.5
50.5
61.5
13.5
50.8
62.1
13.6
51.4
62.4
13.7
51.9
62.7
13.8
52.1
63.0
13.9
52.3
63.4
14.0
52.4
63.8
14.1
52.6
64.1
14.2
52.8
65.1
14.2
do
do
36.6
13.2
37.6
13.0
37.6
12.9
37.8
12.9
37.9
12.9
38.2
13.2
38.2
13.2
38.4
13.2
38.3
12.8
38.7
12.6
38.8
12.4
39.0
12.5
39.1
12.6
39.3
12.6
39.5
12.4
39.6
12.2
12.2
16.5
30.0
34.7
12.3
18.0
32.9
36.7
12.3
17.7
33.0
36.3
12.3
17.8
33.4
36.6
12.4
18.0
33.7
36.6
12.4
18.5
34.0
37.1
12 A
18.8
34.2
37.2
12.4
20.1
34.4
37.2
12.4
19.3
34.7
2
39.7
12.4
19.4
35.0
37.5
12.4
19.6
35.3
37.8
12.4
19.8
35.5
38.2
12.4
19.8
35.7
38.0
12.4
19.9
35.9
37.6
12.4
20. 0
36.0
-37.8
12.4
20.1
36.2
38.1
12.6
12.7
12.9
472.1 - 474. 4
477.2
bil. $
M42.4
do
Commodity-producing industries, total.do
Manufacturing only
__ _
do
Distributive industries
do
Wage and salary disbursements, total
Service industries
Oovernment
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 non agricultural income
do
1
10.3
11.8
11.9
11.9
11.8
12.1
11.9
12.1
424.9
446.6
446.6
448.8
451. 6
455.1
456.1
459. 5
2
12.2
12.3
12.4
12.5
12.5
462. 1
463.5
466.1
469.7
470.7
3,454
2,511
2,610
2, 533
2,314
2,512
2, 726
2,294
723
1,571
452
819
260
2,495
970
1,525
418
827
254
2, 683
1,121
1,562
400
873
272
FARM INCOME AND MARKETINGS!
Cash receipts from farming, including Government
payments (48 States) total!
_
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:!
All commodities
1957-59=100
Crops
_.~_~__do
Livestock and products
_ _
do
Indexes of volume of farm marketings, unadjusted:!
All commodities
1957-59—100
Crops
_-do
Livestock and products.
do
3, 151
3,218
2,921
3,099
3,843
5, 338
4,324
3,473
3,006
1, 339
1,668
4.03
971
269
3, 077
1, 420
1,657
403
952
275
2,864
1,251
1,613
398
936
263
2,969
1,296
1,673
389
984
284
3,512
1,806
1,706
384
1, 006
298
4,727
2,701
2, 026
403
1, 277
330
4,201
2,463
1,738
390
1,026
309
3,425
1,886
1, 539
409
823
285
3,373
1,692
1,681
417
950
277
2, 354
870
1,484
398
809
241
2,414
773
1,641
432
899
262
2, 434
781
1,653
427
931
256
112
117
108
115
124
108
107
109
105
111
113
109
131
158
111
176
236
132
156
215
113
128
165
100
126
148
109
88
76
96
90
68
107
91
68
107
85
63
102
93
85
99
100
98
101
111
112
110
115
118
113
108
106
109
113
113
113
131
151
115
176
227
138
159
210
121
131
160
110
128
145
115
89
70
103
90
56
115
91
52
120
88
48
117
101
84
114
110
107
112
123. 8
129. 9 - 127. 0
128.3
124.3 - 120. 4
123. 4 - 128. 8 r 131. 2
- 124. 9 120. 5
128.2
* 124. 5 * 120. 8 * 118. 0
126. 6
129.3
128.4
*r 125. 3 r- 120. 0 - 130. 1
131.5
- 133. 6 - 128. 0
105. 2 * 112.1 - 111.3
107.
9
111.
0
108.
1
r
140. 0
- 124. 7
125.7
128.3
129.0
131.7
INDUSTRIAL PRODUCTIONS
Federal Reserve Index of Quantity Output
118,3
Unadj., total index (incl. utili ties) e f _ _ 1957-59=100..
By industry groupings:
Manufacturing, total
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)cf
By industry groupings:
Manufacturing, total
r
118.7
117.9
119.8
105.0
131. 4
do
do
do
130.2
129. 6
115
134
131.5
- 134. 6 - 127. 7
- 135. 0
127.5
- 134. 1 - 128. 0
132.9
130
136
- 125. 5
- 124. 0
141.7
- 118.3
- 128. 8
126.7
126.1
138.7
122.1
128.0
128.5
128.9
144.4
124.0
127.5
128.5
127.7
144 1
122. 5
130.1
130.5 - 133. 2
130.7
130.3 - 130. 0 - 133. 1
148.3
145.9 - 149. 6
124.6
124.9 - 127. 8
131.5
131.8 - 133. 5
117.0 * 123. 7 -119.3 - 123. 8
126.8 - 128. 2
126.5 - 123. 9
114.1 - 121. 2 - 118.6
118.7 - 124. 1 - 125. 4 - 123. 3 - 121. 1
120.0 - 126. 3 - 120. 0 - 129. 1 - 129. 5 - 131. 2
129.8 - 126. 9
124.9
121.1
128.8
128. 1
125. 3
131.0
129.6
127.4
131.8
132.6
131.2
134.0
133.9
133.9
133.9
r
- 124. 9
125. 2
134. 4
122. 3
124.2
T
r
r
r
r
r
121. 7
121.4
124.3
123. 8 - 129. 9
124. 3
131. 7
105. 7
135. 4
120. 6
130. 2
130. 5
122. 2 - 122. 7 - 126. 2
-131.8 - 127. 6
- 134. 1 - 128. 3
148.6
147.7
- 129. 5 - 1229
- 126. 8 126! 1
124.3 - 125. 6 - 125. 4 - 125. 7 - 126. 1
126.1 - 127. 0
127.7
128.2
129.0
130.5
131.3 - 131. 6
132.7
128.5
129.1
129.9
131.4
132.2
- 132. 4
133.6
134.4
126. 0
126.4 -127.3
108. 5 - 109. 7 - 110. 5
101. 5
103.5
104.9
131. 2 - 133. 1
134.7
126.8
126.0
126.8
123.0
123.1 - 122. 9
128.1
113.6
108.3
132.2
128.2
124.4
128.9
117.6
114.5
139.9
129.0
126.0
130.0
120.9
118.1
142.6
129.3
127.8
131.6
132.6
123.8
127.1
123.7
127.8
138.5 - 135. 0
129.5
130.3
129.2
128.1
133. 2 - 134. 7
126. 4
131.3
125. 3
129.9
133. 6
136.0
130. 6
133.5
129. 6
131.4
135.7
132
129
135
132
132.8 - 133. 9
132.1
133.5
133.7 - 134. 4
134.7
135. 2
134.0
133.6
132.9
134.5
135.9
136.7
134.9
137.5
138.1
136.8
138.5 - 139. 9 - 141.2
139.6 - 141. 9
143.2
137.0 - 137. 3 - 138. 5
143
145
139
127.6 r 128. 2 - 129. 4 - 130. 0 - 129. 6 -131.3
146.7 - 147. 6 - 149. 1 - 149. 8 - 149. 8 - 151.9
110. 1
110.5
111.2
111. 8 -111.1 - 112.2
130.8
151.9
111.1
131.1
153.0
110.8
130.1
151.1
110.6
133.0
156.2
112.0
134.1 - 134. 9 - 133. 6
157.4 - 158. 3
158. 0
113.4 - 111.0
112. 8
135
161
112
131.0
131.1
119.7
118.6
104.3 - 108. 7
135. 0
134.8
125.7
126.1
132.2
121.2
112.2
137.3
128.6
133.6
124.1
117.3
138.1
129.7
134.2
125.3
116.1
139.0
130.4
134.7
125.2
115.4
139.8
131.4
134.6 - 134. 8 - 136. 0
126.6 - 126. 0
124.3
116.0
114.9 - 109. 5
140.5 - 142. 8
145.0
131.9 - 133. 2
134.0
138
125
117.9 - 124. 5 - 126. 1 r 125. 0 r 125. 6
104.6 -113.3 - 121. 4 - 109. 5 - 107. 8
100.6 - 109. 6
117. 1
102. 6
100.0
119.1 r 126. 7 - 124. 7 - 128. 2 - 130. 3
117. 1
124.4
123. 4
125.7
125. 6
113.2
120.2
121.7
122. 0
122. 5 j
Machinery
Nonelectrical machinery...
Electrical machinery
do
do
do
123.5 - 129. 2
119.7 - 126. 9
128. 5 - 132. 3
129.6
126.8
133.4
Transportation equipment
Motor vehicles and parts
Aircraft and other equipment
do
do
do
118.3
134.1
103.9
' 124. 9 126. 1 - 125. 7
127.0
146.1
109.5
123.0
130.2
111.1
117.5
106.1 - 108. 9
126. 7 133.1
122.2 r 125. 0
133.7
134.8
132.3
111.7
-
- 126. 8 - 126. 9 - 127. 9
do
do
do
do
do
do
r
- 126. 4
- 124. 8
- 126. 9
- 124. 1
- 130. 0
133.0
134.1
131.7
109.8 -
118.7
Instruments and related products.. ..do
Clay, glass, and stone products
do
Lumber and products
do
Furniture and
fixtures
do
Miscellaneous manufactures
...do
131.8
128. 2
136.2
113.8
130.0
131.3
128.4
107.6
do
Durable manufactures 9
Primary metals
Iron and steel
Nonferrous metals and products
Fabricated metal products
Structural metal parts
131.6
127. 5
128. 4
126. 3
107. 6
135. 2
136. 5
133. 6
112. 5
129. 1
129.5
128.5
108.3
118.3
_do_—
127.1
-
125.8
126.7
124.7
107.9
119.7
119.7
125. 9
-117.8
119.6
do
do
do
do
do
132.3 - 133. 9
- 125. 2
r
127. 3
- 122. 6
- 107. 0
- 126. 2
-
- 130. 3 '131. 9 -131.7
128.0
130.2 i -131.3
- 133. 4 - 134. 0 - 132. 2
T
132.4
119.1
110. 5
135.3
126.8
132.5
120.4
112.2
135.3
126. 2
131.9
132.7
120.3 - 120. 5
111.8 - 111.0
136.4
137. 6
127.1
127.6
-
133.5
146
133
Nondurable manufactures
do
119.8 r 125. 3
126.0 - 126. 6 - 127. 0 - 127. 7 - 127. 6 - 128. 7
131.1
129.4
131.5 - 132. 3
128.9
129.8
132.8
131.7
Textile mill products
"doll" r 115.3 - 116.9
117.1 -118.0 -119.0 - 119.3 - 120. 5 - 119.4
119.4 - 119.3 -119.4
118.8
119.8
118.9
122 4
Apparel products
do
118.9 - 125. 6
126.2
130.5 - 132. 8
127.3
126. 9 - 127. 2
128.5 - 129. 1
129.4
131.7
131.8
133. 6
134.8
Leather and products
do
102. 3
99.8
99.9
102.1
103.6
102. 9
100. 0
98.4 - 104. 7
101.2
97.8
99.3
96.3
97.1
Paper and products
do
119.7 r 125. 1
125. 9
126. 3
126.7
127.0
127.3
127.6
128.7
130.4 132. 9
129.1
132 2
134.3 - 130. 1
- Revised.
p Preliminary.
1 The total and cc>mponen ts are armual tot als.
Italbase) . Physics 1 volume, indexes revised I)eginnin£? 1955 to reflect ch ange to i 7he 1 957-59 refericized total for Jan. 1964 excludes stepped-up rate c f Goverriment li e insnraiice divi( lend
ence b ase and i ncorpora tion of 1 itest Cerisus revi sions. I)ata prio r to Ma^ 1963 appear in
payments to veterans; total disbursements of $172 mi lion mill tiplied 1) V 12 (to p ut on an nual
the De pt. of A|?ricultur 3 publica tion, Fa rm Incoixte Situa tion, Jul y 1964. 9 Includes data
rate basis) amounted to $2.1 billion . Figures for tranr sfer paynlentsanc1 total nonagricul tura.1
for itei ns not sh own sep arately.
rf1 Iiulustrial ]Droducti in index \s revise i beginning Jan.
income reflecting similar exclusion are as follows: Pransfer paymen ts— $37.6 billion; non1961 (s i?as. adju sted dat a incorpcDrate nevv seasonsil factors ); data i)rior to .1 uly 1963 will be
agricultural income— $460.1 billion. fSee correspom ling not ?. on p. S-l. !R evised se ries.
shown later.
Y)o\]fir Flfjnrfis nnrJ inr?pYpc nf r o c h ror>t>iT->tc rairicTi/-? Kr>
SURVEY OF CURRENT BUSINESS
S-4
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
| 1963
September 1964
1964
1963
Monthly
average
July
Nov.
Oct.
Sept.
Aug.
Dec.
Jan.
Feb.
Mar.
May
Apr.
June
July
Aug.?
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
116.4
117.6
Printing and publishing
1957-59=100.. 114.6
108.5
108.0 ' 111.5
Newspapers
do
136.1 ' 148. 6 ' 149. 9
Chemicals and products
do
' 147. 6 ' 162. 7 r 163. 2
Industrial chemicals
do
112.9
117.1
119.5
Petroleum products
do
Rubber and plastics products
Foods and beverages
Food manufactures
Beverages
do
do
do
do
130.6 ' 140. 0
113.5 ' 116.9
113.8 '116.8
111.5 ' 117.8
112.0 r 115.2
' 118. 4 118.4 ' 117.9
113.7
111.9
'112.9
' 150. 7 ' 152. 5 ' 153. 5
' 164. 5 ' 166. 7 168.3
117.0
117.6
119.0
140.1
' 135. 1
' 117.6 ' 117.5
116,8 '117.2
r 121. 8 '118.9
116.8
117 9
' 142. 6
'116.9
' 117.2
' 115. 1
115.7
' 117.7
121.3
119.2
113.2
' 153. 6 ' 154. 5
169.3 '171.4
116.6
118.5
119.5
113.9
154.7
173.1
116.0
121.2
114.5
154.5
173.3
119.1
121.8
115.2
155.2
174.9
119.7
123.6
117.2
157.0
176.7
120.8
123.9 ' 124. 1 ' 124. 5
117.1
117.2
120.0
' 156. 7 ' 159. 6 159.3
' 173. 7 176.3
122.0 ' 122. 1
124.7
' 144.3
'119.1
119.2
' 118. 7
' 114.9
145.0
120.8
121.3
118.4
112.7
145.3
120.6
119.8
125.0
105.6
145.1
120.3
119.7
123.8
118.2
149.4
120.6
120.0
124. 1
127.5
' 152.2
153.4
' 120. 0 119.6
120.2 ' 119. 5
' 119.2
120.1
129.2
118.1
' 145. 0 144.3
' 118.1 ' 117.3
117.5
'117.7
' 120. 5 ' 116.3
114.1
114.6
124
119.5
118.8
Mlnin0^
.
Coal
Crude oil and natural gas
Crude oil
Metal mining
Stone and earth minerals
-
-do _
do
do _
do
do
do
105.0 ' 107. 9 ' 110. 1 '111.1
109.9
108.6 ' 107. 5 ' 107. 3
95.3 ' 102. 5 ' 105. 9 ' 107. 2 ' 105. 6 ' 103. 9 ' 102. 2 ' 105. 1
106.2
105.5
107.9 ' 110. 4 ' 111.4
109.9 ' 108. 5 107. 2
105.1 ' 108. 1
108.1
109. 8
106.6
110.9
111.7
109.1
112.6
112.2
112. 9
112.3
112.4
110.3 ' 112.7
111.9
112.1
109.7
113.4 ' 113. 4 113.5 ' 113.8
113.4
113.5
108.8
104.0
108.3
108.5
116.4
113.5
108.9
99.2
109.1
107.8
118.8
114.7
108.8
94.5
109.7
109.0
119.8
115.0
109.9
98.7
110.0
109.6
124.2
114.3
' 111.3
106.1
' 110. 7
110.1
' 119. 4
116.8
' 111.3 ' 111.5
105.1
105.0
' 110.6
112.0
'110.2
112.0
' 119.2
107.7
' 119.2
120.3
112.7
Utilities
Electric
Gas
.
.do .
do
do
' 131.4 ' 140. 0 ' 141.9 ' 142. 4 ' 142. 1 ' 142. 3 ' 142. 1 ' 143. 0
' 133. 0 r 142. 6 ' 145. 2 ' 145. 7 ' 145. 2 ' 145. 4 r 145.0 ' 146. 1
' 126. 4 ' 131.9 r 131 7 ' 132. 1 ' 132. 4 r 132. 5 ' 132. 9 ' 133. 3
144.5
148.3
143.4
146.5
144.8
148.3
147.5
151.3
148.3
152.3
' 149. 3 ' 150. 0
153.6
151.0
127.2 ' 127. 0 128.0
' 127. 4 ' 126. 9 ' 128. 0
' 137. 3 ' 138. 4 ' 139. 1
128.5
128.9
139.7
128.1
128.8
140.7
128.7
128.8
139.7
130.6
130.8
142.4
By market groupings: ©
Final products total
Consumer goods
Automotive and home goods
do
do__
do
119.7
119.7
125.9
131.1 ' 141.2
135.9
149.5
' 125. 0 r 130. 2
Automotive products
Autos
Auto parts and allied products
do
do
do
Home goods?
Appliances TV and radios
Furniture and rugs
do
do
do
122.2
118.2
123.9
Apparel and staples
do
Apparel incl knit goods and shoes do
Consumer staples
do
Processed foods
do
'117.8
114.5
118.7
113.7
Beverages and tobacco
do
Drugs, soap, and toiletries
_.do
Newspapers magazines books do
Consumer fuel and lighting
do
Equipment, including defense 9
Business equipment
Industrial equipment
___
Commercial equipment
Freight and passenger equipment
Farm equipment
Materials
_
Durable goods materials 9
Consumer durable
Equipment
Construction
Nondurable materials 9
Business supplies
Containers
General business supplies
' 124. 9 125. 2 ' 126. 0 126.3
' 125. 2 ' 125. 8 ' 126. 5 ' 126. 4
' 134. 4 ' 134. 0 ' 135. 5 136.4
' 129. 6
' 125. 1
131.3
r
140 2
151.5
125.3
145.8 ' 146. 1
141.4 ' 143. 0 145.8
155. 1
153.3
151.3
154.8
155.6
' 128. 4 ' 129. 5 ' 134. 0 ' 133. 6 ' 133. 5
146.6
155.3
135.2
145. 5
156.5
131.1
144.3
152.5
133.4
149 3
160.0
135.2
r
r
129. 7
125 7
132.7
M31.3 ' 131.8
' 128. 4 128.1
132. 1
133.1
131.3 ' 133. 3 ' 134. 2
' 125. 8 ' 128. 5 ' 128. 5
133.0 ' 134. 5 ' 135. 4
134.8
127. 5
136.1
137.3
131.3
138.1
136.4
128.7
139.0
137.7
130 7
139.7
' 136.9 ' 137. 6
' 129. 7 ' 131.0
' 141.0 ' 141.9
' 124. 2
120. 0
' 125. 4
' 117.7
123. 3 ' 124.5
120. 0 ' 120. 2
124. 2 125. 7
117.0
118.9
125. 5
120. 4
127.0
121.4
125.0
120.7
126.2
120.2
124.6
118.7
126.3
118.4
127.2
121. 5
128.8
120.8
127.2 ' 127. 6 ' 127. 5
' 123. 2 123.2
124.5
128.3 ' 128. 8 ' 128. 4
120.2 ' 119. 4 118.9
118.3 ' 115. 7 '117.4
120. 5 ' 118.2 ' 115.3
142.7
142. 7 ' 142. 6 144.5 ' 144. 0 142.0
118.6
117.9
120.4
117.8 ' 117.2
118 3
' 134. 8 135.4 ' 135. 8 135.6 ' 134. 7 ' 135. 2
116.5
142.2
121.5
136.5
118.5
140.1
123.7
134.7
121.9
140.1
125.1
136.2
125.2
142.8
126 7
138.5
r 122. 3
' 117.6
' 123. 7
'116.6
'111.6 -116.9
' 130. 0 r 140. 1
116.7
117.8
r
126. 3 r 133. 5
r
123. 1 ' 123. 7 123.2
118.7 '119.8 ' 118.0
124. 4 ' 124. 8 124. 7
116.7
116.7
115.5
119.6
124. 2 r 124. 0
122.1
128.3 ' 128. 4
117.2 r 123. 0
123.6
143.1
142. 4
142 3
117.2 ' 132.2
131 5
107.7
121.6
117.6
'
'
'
'
do
__do. ._
do
do _.
do
117.0 ' 123. 7 r 126 0
114.1 r 121.2 ' 124 6
127.5
137.2
141 1
118.9
125.4
126 1
110.4
116.3
117 5
' 124. 9 ' 125. 0
121.4 ' 122. 1
138.6
' 135. 4
126.8 ' 127. 6
118.9
117.9
120.0
116.5
117.1
116.3
' 128 4 '
121 5 '
' 119 6 '
122.5
Business fuel and power 9 . . _
do
111.7
Mineral fuels
do
104 9
Nonresidential utilities
do
129.9
BUSINESS SALES AND INVENTORIES §
Mfg. and trade sales (seas, adj.), totaltt
mil. $_, !65,078
'
'
'
'
r
r
do
do
do _
do
do
do _ _
do
do
do
do
' 125. 7 125.9
122. 6
' 122. 6
141.3 ' 142. 9
' 127. 5 ' 128. 8
' 119.0
118.9
126.7
123.0
141.9
129.2
119.6
128.1
125.8
144.3
129.6
123.2
129.3
127.3
141.9
130.4
123.4
130 6
129.0
144 1
131.6
123 8
'131.3
129.8
143.8
132.9
123.5
128 8 ' 128. 9 ' 129. 3
122. 5 ' 122. 6 ' 123.0
122 6 ' 123. 9 121. 3
122. 0
123.8
122.5
130.4
124.4
125.1
124.0
130.6
125.2
125. 5
125.1
130.8
124.9
123.6
125.6
132
126
127
125
'
'
'
'
119. 1
' 120 0 ' 118 8 ' 118 4 ' 118 2 ' 118.2
111 3 ' 110 1 ' 109 3 ' 109 0 110.2
113 0
140 5
140 2 r 141 2 ' 141. 8 ' 142. 3 142.7
118.7
109 3
143.5
118.7
108 9
144.5
120 7
110 3
147 9
'
'
'
'
125. 5
122. 3
139. 6
127. 8
118.6
133.8
'
'
'
'
'
131.9 ' 133. 6
130.9
132.4
148. 1
147. "
133. 3
134.2
123. 0 125 6
134.6
'
'
'
'
132. 9 ' 134 9 136
124. 9 127 3
124. 0 126 0
125.4
128 0
68, 029
68,884
68,338
70, 026
70, 992
71,013
70, 649
71,787
72, 660 '72,187
73, 695
34 672
17, 937
16, 735
35 214
18, 590
16 624
35 004
18, 272
16, 732
36 021
18, 476
17,545
36 677
19,144
17,533
36 235
19,027
17,208
36 222
18, 887
17,335
37 167
19,359
17, 808
37 186 '36 791
19, 138 '19,023
18,048 '17,768
37 867
19,777
18 090
20 716
6 941
13 775
12, 954
5,323
7,631
20 558
6 734
13, 824
12,776
5,300
7,476
21 019
6 831
14,188
12, 986
5, 348
7,638
21, 000
6, 855
14,145
13,315
5,436
7,879
21,533
7, 262
14,271
13,245
5,548
7,696
21,223
6,939
14, 284
13, 204
5,560
7,644
21 392
7 010
14,382
13,228
5,506
7,722
21, 777 '21 773 21 964
7,218 ' 7 002
7 076
14, 559 '14,771 14 888
13, 697 '13,023 13 864
5,766
5,749
5, 842
7,930 ' 7, 874 8,022
34 774
18, 071
16, 704
35 641
18, 746
16 895
Retail trade, total J _
Durable goods stores
Nondurable goods stores _.
Merchant wholesalers, totaltt - ..
Durable goods establishments
Nondurable goods establishments^
do
do
do
do
do
do
19 613
6 245
13, 367
12, 158
5,021
7,136
20 536
6 675
13 861
12, 692
5,244
7,448
20 719
6 773
13 946
12, 884
5,278
7,606
20 666
6 562
14 104
12 848
5, 297
7,551
20 426
6 606
13 820
12, 931
5, 354
7,577
00, 271
105127
102 523
102 672
103 140 '103,731 ' 104,529 '105,127
57 753
34, 326
23, 427
132.0 ' 132. 5
139. 0 ' 139. 8
137. 6 139.0
143. 7
145.4
141.3
139.2
129.1
68, 250
34 736
18, 160
16 576
60 147
36, 028
24, 119
58 884
35 346
23, 538
58 917
35 507
23 410
59 087
35. 536
23, 551
59. 322
35, 581
23, 741
59, 780
35, 704
24, 076
60,147
36. 028
24, 119
129
'
'
'
'
69, 244
9
140 3
128
146.7
123.9
68,002
II 9
145
155
165
144.7
r H9 6
3
1
0
7
132.7
132. 2
138.8
117 2
109 3
138. 7
r
128. 0 '
120. 8
118 2 '
122.1
33 308
17, 184
16, 124
do
_
do
_ _do
132. 8
126. 5
128. 2
125. 7
119.4
' 150.5
' 125. 5
140.2
' 151. 8
' 162. 6
137.6
r 127
120
119
120
do
do
do
Manufacturing, totalf..
Durable goods industries
Nondurable goods industries
122.6
144.5
124.7
138.7
150.9
161.7
' 136. 6
126. 3
120. 3
120 2
120. 4
'
'
'
'
5
0
9
1
151. 4
160.3
139.6
125. 0 ' 126. 0 ' 127. 0 ' 127. 1 ' 128. 1 ' 127. 9 ' 127. 1 ' 128. 8 ' 130. 7 '131.3
132.0 ' 132. 9 ' 132. 9 ' 131.9 ' 134. 2 ' 136. 5 ' 138. 0
129. 7 ' 130. 7 ' 131.8
135.7
124. 9 ' 125. 6 126. 6 ' 127. 4 ' 128. 6 128.9
131.9
127.9
133.9
141.9
141.6
139.0
140.2
141.2
141.6
141.0
141.5
140.4
143 1
143.9
135. 8
134.5
137.5
139.9
137.0
139. 2 ' 139. 7
137.8
140.8
131.2
130.7
122.3
125.7
126.0
127.6
130.8 ' 134. 5 131.6
126.6
Manufacturing, totalf
Durable goods industries
Nondurable goods industries
Mfg. and trade inventories, book value, end of year
or month (seas, adj.), totalf .
mil. $
131.1 ' 131.6 ' 131.9
131.0 '131.3 ' 131. 5
' 142. 9 ' 143. 1 ' 144. 2
108
112
112
122.2 ' 122. 5
123 5
' 112. 1 ' 112 0 113 9
148.9
149.4
142
134
124
114
105,417 ' 105,413 ' 105,721 '106371 '106,507 ' 106 621106 584
59,991
35, 955
24, 036
60,108
35,945
24,163
60, 326
36, 079
24, 247
60, 531
36.277
24, 254
60, 528 '60 398
36, 300 '36,492
24, 228 23, 906
60 443
36 549
23, 894
Retail trade, totalf
do
27 938 29 383 28 648 28 615 28 75'? '98 921 '29 254 '29 383 29 608 ' 29, 586 '29,661 '29 961 '29 926 '30 180 30 001
Durable goods stores
do
11,728 12,509 11,981 11,976 12,032 '12,116 12,341 '12,509 12,666 '12,708 '12,913 '13,045 '13,024 '13,079 12,887
Nondurable goods stores
do
16,210 16,874 16,607 16,639 16,720 '16,805 '16,913 '10,874 16,942 '10,878 '16,748 '10,916 '10,902 '17,101 17,174
Merchant wholesalers, totalf
rf1
do
14, 580 15 597 14 991 15 140 15, 301 15,488 15,495 15, 597 15,818 15,719 15,734 15,879 16, 053 ' 16, 043 10 080
8, 569
8,478
Durable goods establishments
do
8.430
8,447
8, 559
8,519
8, 018 ' 8 740 8 747
8 430
8 108 8 447
8 387
8 255 ! 8 321
6. 472
Nondurable goods establishmentscf
do
o!730
7. 150
e!si9 6.914 7,058 j 7, 005 7,150 7,249 7,159 7,256 7,360 7,435 ' 7, 304 7,333
'Revised.
v Preliminary.
1 Total and components are based on unadjusted data.
pp. 16-19 of the Dec. 1903 SURVEY; see p. 28 of this issue of the SURVEY for current revision
©See note marked "c?" on p. S-3.
(Jan.-June 1963) affecting the retail inventory and total manufacturing and trade inventory
9 Includes data for items not shown separately.
series.
d"Total manufacturing and trade sales and inventories and merchant wholesalers
§ The term "business" here includes only manufacturing and trade. Business invensales and inventories have been expanded to cover all merchant wholesalers, including wholetories as shown on p. S-l cover data for all types of producers, both farm and nonfarm.
salers of farm product raw materials; also, seasonally adjusted data beginning Jan. 1900 for
Unadjusted data for manufacturing are shown on p. S-5; those for retail trade on p. S-ll.
merchant wholesalers' sales and inventories revised to reflect new seasonal and trading day
tSee
note marked "t" on p. S-4 of the Nov. 1963 SURVEY. fRevised series. For a
factors. Revisions for earlier periods appear on p. 24 of the May 1904 SURVEY.
Digitized detailed
for
FRASER
description of the changes affecting these series and data for earlier periods, see
SURVEY OF CURRENT BUSINESS
September 1964
1962
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
Monthly
average
S-5
1964
1963
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Mar.
Apr.
May
1.48
' 1.50
' 1.48
r
1 66
1 89
1.67
1 91
1.63
1.87
Feb.
June
July
Aug.
GENERAL BUSINESS INDICATORS—Continued
BUSINESS SALES AND INVENTORIES— Con.
Invent ory-sales ratios:
Manufacturing and trade, totalj§
ratio- -
r
r
r
r
1.47
T
1.48
1.45
1.63
1.90
'1.64
r
1.92
1.60
1.85
.55
.78
.52
1.51
1.50
1.48
1.50
' 1.52
do _
do
do __
do
do
1.70
1.96
.62
.80
.54
1.69
1.94
.59
.80
.55
1.65
1 89
.58
79
53
1.70
1 96
60
80
55
1.70
1 98
do
do -do
do
1.42
.60
.20
.62
1.41
.59
.20
.63
1.39
.58
20
.62
1 41
.58
20
64
1.41
Retail trade totalt§
do
Durable goods stores
do -Nondurable goods stores
do
Merchant wholesalers total§cf
do
Durable goods establishments
do
Nondurable goods establishments^
do
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS
Manufacturers' export sales:*
Durable goods industries (unadj.), total mil. $
1.38
1.82
1.18
1 19
1 60
.90
'1.39
- 1.79
' 1.20
1 18
1.58
.90
678
592
605
682
756
689
789
683
716
778
781
33, 308
34, 774
32 744
33 761
36 028
36 821
35 377
34 594
34 110
36 818
37 069
38 091
17, 184 18, 071
961
947
2,835
2,944
1,522
1,586
1 859 1 877
17, 014
999
2 727
1,543
1 785
16, 880 18, 278
1,035
1 042
2 755
2 788
1 454 1 421
1 990 1 986
19, 180
1,089
2 928
1 484
2 054
18, 457
18 118
19, 471
20, 242
2 745
1 405
1 807
17,595
788
2 967
1 591
1 777
19 208
2 852
1 468
1 881
3 158
1 715
1 911
3 223
1 737
1 906
3 370
1 843
1 989
19, 781
1,017
3 318
1 815
1 975
2,517
2,398
4,848
3,154
583
16, 704
5,832
383
1,378
1,355
2 568
1,451
772
2 301
2,179
4,679
3 060
524
15, 730
5,637
390
1,201
1,254
2,396
1,435
712
35, 641
2 544
2 392
2 595
2 559
2 522
2 364
4 553
5,268
3,648
3 544
1 841 2 791
569
625
610
16, 881 17, 750 17, 641
5 797
6,184
6 241
409
383
385
1 427 1 515 1,501
1,366
1,453
1,427
2 526
2 736
2 674
1,442
1,475
1,456
736
856
799
34, 736 34 672 35 214
2 470
2 484
5 221
3 512
' 610
16 920
5 983
'394
1 456
1 359
2 509
1*424
2 577
2 490
5 237
3 387
2
2
5
3
2
2
5
3
Manufacturing, total§
Durable goods industries
Purchased materials
Goods in process
Finished goods
Nondurable goods industries
Purchased materials
Goods in process
Finished goods
Shipments (not seas adj ) totalf
Durable goods industries, total 9
Stone clay, and glass products
Primary metals
Blast furnaces steel mills
Fabricated metal products
do
-- -do
do
do
do
do
Machinery except electrical
do
Electrical machinery
do
Transportation equipment
do
M^otor vehicles and parts
do
Instruments and related products
do
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
Shipments (seas, adj.) totalf
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
Machinery except electrical
do
Electrical machinery
_
do
Transportation equipment
do
Motor vehicles and parts
do
Instruments and related products
do
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 market category:
Home goods and apparel
do
Consumer staples
do
Equipment and defense prod., excl. auto do.
Automotive equipment.
_ do
Construction materials and supplies
do. .
Other materials and supplies
do
Supplementary market categories:
Consumer durables
.
do
Defense products
...
__._do
Machinery and equipment
do
Inventories, end of year or month :f
Book value (unadiusted), total do
Durable goods industries, total
do
Nondurable goods industries, total
do
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
Machinery, except electrical
do
Electrical machinery
do
Transportation equipment
do
Motor vehicles and parts
do
Instruments and related products do . _
2,366
2,301
4,453
2,806
557
16,124
5,577
377
1,263
1,314
2,449
1,433
710
r
1.38
'r 1.77
1 20
1 16
1 56
89
r
.61
81
56
1 41
1.82
1 21
1 18
1 57
91
1 40
1.75
1 22
1 20
1 58
92
59
80
56
1 44
.59
20
63
1 37
.59
20
65
r
T
1 42
1 83
r I 22
1 21
1 59
94
960
1.50
1 67
1 95
60
80
56
1 43
r
r
r
1.53
1.71
1 95
59
79
54
.58
20
63
1.38 r
' 1.83 rT
' 1 18
1 18
1 57
90
1.51
1.68
1 91
56
20
62
T
r
r
1 40
1 83
1 19
1 20
1 58
94
798
636
16 476
5 913
393
1 356
1 304
2 369
1 521
1 48
1 64
1 88
57
77
54
1 37
55
20
62
r i 41
r
1 85
1 20
1 19
1 58
92
333
1 315
1 302
2 573
1 492
784
767
35 004
36 021
36 677
18, 746
962
3 159
1,815
1 925
2,530
2,531
5 056
3, 284
600
16 895
5,820
374
1,405
1 379
2,611
1 462
793
18 160 17 937 18 590 18 272 18 476
914
986
938
977
953
2 857
2 742
2 904
2 892
2 981
1,479
1,392
1,469
1 512
1 570
1 874 1 855 1 943 1 913 1 910
2,565
2 610
2 615
2 652
2 582
2,433
2,370
2,385
2 432
2 369
4 909
4 979
4 897
5 158
4 966
2,997
3,155
3 362
3 234
3 123
577
588
589
591
594
16 576 16 735 16 624 16 732 17 545
5 835
5 916
5 870
5 961
6 193
393
377
384
379
403
1,364
1,401
1 363 1 400
1 466
1 323 1 395 1 373 1 366 1 415
2 529
2 578
2 576
2 640
2 578
1 477 1 451 1 428 1 409 1 475
772
737
794
781
836
19 144
1 018
3 067
1 605
1 994
2 737
2 479
5 117
3 297
3,407
7,258
4,381
3,738
2,844
14,013
3 287
7,278
4,351
3,406
2,793
13, 621
3 201
7,337
4,314
3,573
2,762
13, 485
3 207
7 288
4,376
3,797
2,933
13,613
3 169
7 382
4 286
3 635
2,907
13 625
3 473
7 672
4 435
3 538
2 811
14 092
3 519
7 686
4 566
3 710
3 002
14 194
2
1 380
2
2, 066
2
3 215
1,417
2,179
3,292
1,416
2,353
3 252
1,372
2,133
3 272
1 368
2,167
3 293
1 356
2 132
3 258
1 454
2' 169
3 362
57,419 359,738
33, 891 35, 565
23, 528 24, 173
3
57,753 360,147
58, 568
35, 187
23, 381
58, 884
58, 681
35, 301
23, 380
58, 917
58 837
35, 370
23, 467
59, 087
59 026
35, 300
23, 726
59, 322
59 445
35, 359
24, 086
59, 780
59 738
35, 565
24,173
60, 147
34, 326 36, 028 35, 346 35, 507 35, 536
1, 492
1,544
1,535
1,491
1,551
5, 873
5,831
5 918
5 828 5 849
3, 528
3,533
3, 455
3,459
3,496
3, 861
3, 927
3, 999
3,933
3,889
6,712
6,486
6,910
6, 759
6,763
4, 900 5, 055
4, 968
4,997
5,009
6, 799
7,331
7,370
7,311
7, 378
2, 413
2,636
2,610
2,731
2, 667
1. 365
1.416
1.446
1.468
1.434
r
2
Revised.
1 Advance estimate.
Based on data not seasonally adjusted,
3 Total
and components are end-of-year data.
t See note marked " f ' o n p . S-4of Nov. 1963 SURVEY.
§ See note marked "f" on p. S-4.
d" See corresponding note on p. S-4.
*Ne\v series. Represents estimated total value of durable goods products directly exported by durable goods manufacturers; data prior to O!. 19ti2 are not available, f Revised
series. Effective with the Dec. 1963 SURVEY, data reflect the following major changes: Introduction of the Annual Survey of Manufactures as the new benchmark, revision of sample de-
35 581
1,517
5 861
3,500
3,913
6, 800
5,043
7,256
2,669
1.454
http://fraser.stlouisfed.org/
741-612 O - 64 - 5
Federal Reserve Bank of St. Louis
3, 296 22 3 313
27,002
7 258
2
4, 167 22 4, 242
2 3, 140 2 3, 571
2 2, 770
2, 796
2 12, 932 213,594
2
2
2
3
1,336
2, 091
3, 095
57
79
54
.56
78
.53
.57
.79
.54
1 40
1 40
1.36
1.34
'1.35
.56
20
64
.54
.19
.63
.53
.19
.62
.53
.19
.62
1.32
.51
.19
.62
1 40
1.86
' .40
' .86
' 1.37
1 16
1 17
1 49
' 1.39
'1.87
1.16
1 18
1 52
.94
.93
1.37
1.82
1.15
1 16
1 50
.91
804
'799
710
37 465 '38,622
34, 693
56
20
64
' 1 37
' 1 75
1 18
1 19
1 54
r
r
842
339
1,457
1,398
*>• 743
1,498
836
36 235
18
20
55
95
1 17
1 19
1 52
95
93
2 784
2 489
? 254
2 523
4*940
5 306
3 311
3 455
' 537
599
16,515 17,610
6,171
5 946
763
2
57
78
54
873
987
' 1.80
957
498
619
748
2 939
2 440
5,304
3 495
609
604
17 598
6 120
17 849
6 101
17, 684
6 247
1 477
1 403
2 803
1 421
1 463
1 4?7
2 992
1 484
1 428
1,390
2 953
1,501
833
901
863
36 222
37 167
37 186
18 887
19 359
3 032
1 615
1 967
2 696
2 505
5 018
3 310
3 174
1 719
1 943
2 738
2 530
5 231
3 468
606
616
17 335
6 131
17 808
6 202
1 460
1 363
2 746
1 445
1 472
1 404
2 827
1 520
896
555
285
487
611
368
379
399
.57
'.80
'.55
r20, 542 17,824
'1,070
989
' 3, 333 2,940
' 1, 775 1,635
' 2 075 1,906
'3 114
' 2, 605
'5,431
' 3, 563
' 656
'18,080
' 6, 429
' 425
' 1, 506
'1,468
' 2 854
' 1, 540
'910
'36, 791
2 668
2,282
4,380
2,763
584
16,869
6,100
407
1,293
1,331
2,590
1, 532
753
37, 867
811
873
19 138 '19,023 19, 777
'940
937
929
3 154 '3 102 3 397
1 732 ' 1 , 653 1,921
1 906 ' 1 908 2 038
2 918
2 782 ' 2 838
2, 594
2 530 ' 2, 470
5 056 '5 036 5 000
3 272 ' 3, 271 3,230
'619
655
611
18 048 '17 768 18 090
6,306
6 325 '6 279
' 397
393
389
1 481 ' 1 432 1,506
1 395 ' 1 399 1 468
2 811
2 818 ' 2 736
1 546 '1 532 1 555
835
'848
853
3 395
7,496
4,483
3,728
3,119
14, 014
3 387
7 607
4,445
3,716
2,967
14, 100
3 415
7 766
4 572
3 879
2 916
14 619
3 524 ' 3 459 3 519
7 865 ' 7 802 7,905
4,618 ' 4, 582 4,805
3,611
3,676 ' 3, 677
2,934 ' 2, 906 3,050
'14,365
14,
977
14, 569
1 469
2 231
3 428
1,468
2,181
3, 344
1 476
2,095
3 409
1 483
2 233
3 407
60 094
35,875
24,219
59,991
60 486
36, 173
24, 313
60, 108
60, 661
36, 394
24, 267
60, 326
60 807
36, 608
24, 199
60, 531
35 945
1,535
5 914
36, 079
1,536
5 972
3,561
3,978
6,891
5,039
7,425
2,702
1.503
19 027
999
3 034
1*649
2 Oil
2 674
2 463
5 075
3 331
606
593
17 533 17 208
6 247
6 049
365
353
1 465
1 405
1 362
1 368
2 703
2 735
1 455
1 474
815
836
940
387
952
394
1 482 ' 1, 467
2, 198 '2,160
3 483 '3 506
60 950
36, 785
24, 165
60,528
'60 704
'36,815
'23,889
'60,398
1 17, 700
U9 200
1 522
2,183
3 697
60, 171
36, 403
23, 768
60, 443
36, 549
1,578
6 003
3, 606
3,511
3,973
3,965
7, 065
6,869
5, 088
5,081
7,471
7,359
2,663
2,819
1.477
1. 531
sign, refinement of industry reporting, expansion of industry groups published, and revision of
seasonal factors. In addition, data by market groupings are presented for the first time. Data
for shipments and new orders not seasonally adjusted are adjusted for trading day variation.
Revisions back to 1947 and a detailed description of the current revision appear in the Census
Bureau publication, "Manufacturers' Shipments, Inventories, and Orders: 1947-63 Revised."
9 Includes data for items not shown separately.
35 704
1, 535
5 903
3, 532
3,917
6,839
5, 066
7,220
2, 595
1.452
36 028
1,544
5 918
3, 533
3,999
6,910
5,055
7 331
2, 610
1.468
35 955
1,539
5 90S
3, 519
3,971
6,926
5, 073
7 272
2, 61 4
1.480
36 277
1, 551
5 954
3, 547
3,971
6, 955
5,094
7 446
2,716
1. 527
36 300 '36,492
1,579 '1,595
6 014 '6 019
3,594 '3,628
3,951 ' 3, 962
6,963 ' 7, 035
5,062 ' 5, 061
7 389 ' 7, 428
2,713 ' 2, 7in
1.540 ' 1. 540
SURVEY OF CURRENT BUSINESS
S-6
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962 | 1963
End of
year
September 1964
1963
July
Aug.
Sept.
1964
Oct.
Nov.
Dec.
Jan.
Feb.
June
July
Mar.
Apr.
May
10, 817
2, 256
2,973
1,967
15,001
1,926
5,253
4,539
10,261
1,790
3,704
919
24, 247
6,195
2,344
2,821
1,797
3,902
1,801
1,129
10, 830
2,280
2,962
1,930
15, 112
1,902
5,361
4,583
10, 335
1.772
3,726
933
24, 254
6,165
2,363
2,789
1,789
3,926
1,768
1,131
10, 828
2,249
2,989
1,928
15, 127
1,970
5,348
4,523
10, 345
1,795
3, 688
938
24, 228
6,137
2,353
2,768
1,801
3,935
1,767
1,133
10, 866 10, 841
2,229
r 2, 243
' 3, 028 3,062
r 1,911
1, 853
15,211 15, 342
1,991
r 1, 969
5,432
r 5, 385
4,613
r 4, 533
10, 415 10. 366
1,783
r 1, 807
' 3, 683 3, 652
'984
1,005
23,906 23, 894
' 5, 991 6,019
r 2, 322
2, 299
r 2, 754
2,745
^1,812
1,833
3,944
'3,910
1,701
r 1, 732
1,134
' 1, 127
Aug.
GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES,INVENTORIES,
AND ORDERS— Continued
Inventories, end of year or month — Contlnuedf
Book value (seasonally adjusted)— Continued
By industry group— Continued
Durable goods industries— Continued
By stage of fabrication:
10,571
Materials and supplies 9
mil. $
2,333
Primary metals
do
2,968
Machinery (elec . and nonelec.) _-_do
1,782
Transportation equipment
do
14,129
Work in process 9
do _
1,816
Primary metals
_ _ _ _ -do
5,034
ATachinery (elec. and nonelec.)
do
Transportation equipment
do__ _ 4,142
Finished goods 9
do __ 9,593
1,721
Primary metals
do
3,381
Machinery (elec. and nonelec. )_._do
824
Transportation equipment
do
23, 427
Nondurable goods industries, total 9 ---do
6,080
Food and kindred products
do
2,391
Tobacco products
do
Textile mill products
do_ ._ 2,608
1,688
Paper and allied products
do
3,600
Chemicals and allied products
do
1,809
Petroleum and coal products
do__
1,138
Rubber and plastics products
do
By stage of fabrication:
9,770
Materials and supplies
do
3,304
Work in process
do
10,246
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
Machinerv and equipment
New orders net (not seas, adj.), totalf
Durable goods industries, total
Nondurable goods industries, total
10, 879
2,259
3.009
1,956
14,857
1,901
5, 249
4,467
10,292
1,758
3, 707
908
24,119
6 028
2.314
2,886
1,800
3,818
1,736
1, 157
10,810
2,198
3,083
1,873
14, 740
1,808
5, 232
4,566
9,852
1,779
3, 512
859
23, 538
6,000
2,362
2,6fO
1,725
3,694
1,835
1,173
10,981
2,203
3,089
1,990
14, 591
1,818
5,223
4,414
9,949
1,742
3,575
869
23,410
5,917
2,341
2,689
1,728
3,718
1,852
1,164
9,769
3,479
10, 871
9,718
3, 354
10, 559
5, 955
do
do. _ 9, 515
11,828
do
3,001
do _
5.042
do
22,412
do
6, 389
9, 525
12, 363
3.245
5, 290
23, 335
do
do
do
2,722
5, 343
8,098
do
do
do
'33,167
17,085
16,082
New orders net (seas adj ) total!
do
Bv industry group:
Durable goods industries, total 9
do
Primarv metals
do
Blastfurnaces, steel mills
do
Fabricated metal products
do
Machinerv except electrical
do
Electrical machinerv
do
Transportation equipment
do
Aircraft and parts
do
Nondurable goods industries total
do
Industries with unfilled orders©
do
Industries without unfilled orders^!
do
By market category:
TTome uoods and apparel
do
Consumer staples
do
Equip, and defense prod., excl. auto
do
\utomotive equipment
do
Construction materials and supplies
do
Other materials and supplies
do
Supplementary market categories:
Consumer durables
do
Defense products
do
Machinery and equipment
do
Unfilled orders, end of year or month (unadjusted),
totalf
mil $
Durable goods industries, total _
do
Nondur. goods indust. with unfilled orders© -do
Unfilled orders, end of year or month (seasonally
adjusted^ totalf
mil $
By industry group:
Durable goods industries, total 9
do
10, 040
1,765
3,587
898
23.551
5,979
2,339
2,668
1,743
3,722
1,830
1, 155
10, 880
2,256
2,992
1,960
14, 648
1,882
5,260
4,363
10, 176
1,765
3,653
897
24,076
6,060
2.345
2,895
1,772
3,769
1,795
1,167
10, 879
2,259
3, 009
1,956
14, 857
1,901
5,249
4,467
10, 292
1, 758
3,707
908
24,119
6,028
2,314
2,886
1,800
3,818
1,736
1,157
10,306
1,780
3,705
912
24, 036
6,052
2,357
2,846
1,792
3,872
1,775
1,125
10, 786
2,232
2, 992
1,952
14, 875
1,898
5,251
4,499
10, 284
1,784
3,714
908
24, 163
6,136
2,374
2,839
1,792
3,894
1,786
1,127
9,694
3,364
10,648
9.660
3,347
10, 544
9,844
3,344
10, 553
9,826
3, 428
10,822
9,769
3,479
10, 871
9,666
3,452
10,918
9,661
3,403
11,099
9,632
3,446
11,169
9,534
3,459
11,261
9,528
3, 452
11,248
' 9, 432 9,264
3,404
r 3, 422
11, 052 11, 226
6,005
9,525
12, 149
3,248
5, 076
22, 881
6,040
9, 438
12, 172
3,331
5, 146
22, 790
6,149
9,447
12, 249
3, 268
5, 099
22, 875
6,179
9,502
12, 189
3,258
5,135
23, 059
6,321
9, 571
12, 277
3, 200
5,189
23, 222
6,389
9, 525
12, 363
3.245
5,290
23, 335
6,242
9,597
12,303
3,241
5,311
23, 297
6,231
9,730
12, 288
3,299
5,296
23,264
6,226
9,780
12, 305
3,347
5,290
23, 378
6,313
9,782
12, 370
3,359
5, 352
23, 355
6,296
9,745
12,361
3,342
5,353
23, 431
' 6, 210
r 9, 563
'12 494
'3,356
' 5, 386
'23, 389
2,955
5, 583
8,539
2,797
5,647
8,317
2,855
5,496
8, 365
2,865
5,571
8,343
2,923
5,490
8,395
2,955
5,583
8,539
32, 829
17,089
15,740
35, 207
33, 779
16,946
16,833
34, 930
36,217
18, 502
17,715
34,991
36, 601
18, 883
17,718
35, 354
2,938
5,466
8,558
35,010
34, 045
17,623 18, 558
16, 422 16,452
35, 619 37,148
2,931
5,465
8,524
37, 539
19, 927
17,612
36, 657
2,917
5,457
8,550
37, 508
19, 951
17, 557
36, 547
2,964
5,429
8,673
35, 036
18, 300
16, 736
3
33, 167 335,036
2, 923
5, 502
8, 485
35, 174
18, 140
17,034
34, 953
18, 622
3,013
1,590
1,910
2,669
2,410
5,094
1, 272
16, 732
4, 528
12, 204
18,113
2, 964
1,529
1,858
2, 617
2.477
4,680
1,189
16, 840
4,635
12, 205
17, 974
2. 938
1,456
1,914
2,741
2,463
4,327
801
17,645
4,835
12, 810
19,740
3,147
1,641
2,043
2,808
2,687
5,433
1,730
17,408
4,531
12,877
19, 499
3,074
1,685
2,018
2,763
2,574
5,179
1,537
17, 158
4,486
12, 672
6,200
9,578
1? 439
3,448
5,370
23, 408
38, 517
20, 662
17, 855
38, 184
' 2, 952
' 5, 412
' 8, 781
37, 859 39,317
20, 095 21, 249
17, 764 18, 068
37, 893 37, 782
19, 262
3,103
1,675
2,007
2,771
2,547
5,164
1,421
17, 285
4,552
12, 733
20,461
3,641
2,077
2,071
2,938
2,520
5,607
1,605
19,945
3,175
1, 727
1,968
2, 956
2,571
5,538
1,646
20, 016
'3,472
' 1, 943
' 2, 013
' 3, 030
' 2, 448
' 5, 364
17, 723
4,678
13, 045
21, 346
3,503
2,042
2,072
2, 951
2,795
6,299
r 1, 510
2,449
17, 948 '17,766 18, 047
4,739 ' 4, 694 4,871
13, 209 '13, 072 13, 176
' 3, 402
' 7, 809
' 5, 237
'3,717
' 3, 004
'14, 613
2,938
5,394
8,677
2, 953
5,382
8,804
36, 450
19, 624
16, 826
39, 393
17,085
2,718
1,400
1,848
2,364
2,285
4,484
1,342
16,082
4.124
11,957
18, 300
2,959
1,592
1,886
2,574
2,410
4,670
1,398
16, 736
4,411
12, 325
18,275
2,605
1,262
1,875
2.608
2,414
5,246
1,678
16,932
4, 560
12, 372
18,060
2,486
1,198
1,950
2,529
2, 568
5,005
1,484
16,870
4,490
12, 380
18,244
2 712
M71
1,808
2, 608
2,263
5,430
1,754
16,747
4,495
12,252
3,273
7,000
4, 155
3,162
2,767
12, 809
3,339
7,257
4, 368
3 578
2 ? 803
13, 691
3,438
7,263
4,304
3,646
2,919
13, 637
3, 581
7,277
4,592
3,484
2,917
13, 079
3,177
7.334
4,424
3, 553
2,712
13, 791
3,199
7,298
4,069
3,806
2,938
14, 044
3, 136
7,371
4, 289
3.611
2, 807
13, 739
3,503
7,682
4,133
3,475
2,723
14,103
3,444
7,700
4,991
3,728
2,967
14,318
3,455
7,495
4,607
3,714
3,113
14, 273
3,444
7,593
4,495
3,797
2,983
14, 235
3,396
7, 756
4,858
4,040
3,038
15, 096
3,480
7,859
5, 323
3,641
3,017
14, 573
1, 325
2,081
3,090
1,404
2,156
3,326
1,416
2,397
3,334
1,426
2,357
3,307
1,312
2,466
3,415
1,379
1, 922
3,441
1,387
1,968
3,273
1,514
1,476
3,612
1,420
2,673
3,617
1,520
2,401
3,413
1,505
2,177
3,455
1,485
2,367
3,610
1,492
2,482
3,929
46, 242
49, 149
49,916
49, 945
50, 131
49, 902
49, 696
49, 149
50, 049
50, 760
51, 199
51, 626
52,018 '52, 717
43, 666
2,576
46, 193
2,956
47, 004
2,912
47, 086
2,859
47, 306
2,825
46, 999
2,903
46, 684
3,012
46, 193
2,956
47, 154
2,895
47, 863
2,897
48, 341
2,858
48, 764
2,862
49, 076 '49, 785 51, 583
2,942 ' 2, 932 2, 889
46, 784
49, 796
49, 542
49, 552
49, 982
50,140
50, 132
49, 796
50, 083
50, 586
50, 697
51, 679
52, 004 '52, 833
'50, 037
' 4, 795
2,748
' 4, 451
'7,618
' 7, 413
'20, 679
'15, 383
44, 094
3,761
2,057
3,944
6,304
6.964
18,062
13, 570
2,690
46, 676
3,930
2,120
4,062
7,027
7,114
19. 368
14, 446
3,120
46, 745
4,220
2,417
4,180
6,711
6,991
19, 430
14, 880
2,797
46, 695
3,862
2, 150
4,191
6,764
7,122
19, 481
14,819
2,857
47, 070
3,822
2,102
4,124
6,780
7,062
19, 998
15, 199
2, 912
Blast furnaces, steel mills
do
Fabricated metal products
do
Machinery, except electrical
do
Electrical machinery
do__
Transportation equipment
do
Aircraft and parts
_ _do
Xondur. goods indust. with unfilled orders©.do
By market category:
1,989
1,955
1,987
1, 736
Home goods, apparel, consumer staples. - -do
1,987
24, 713 26, 197 26, 075 26, 484 26, 664
Equip and defense prod incl auto
do
5,116
5,027
5,133
4,868
Construction materials and supplies
do
4,986
15, 467 16, 626 16, 485 15, 948 16, 213
Other materials and supplies
do
Supplementary market categories:
1,325
1,315
1, 254
1,194
1,407
Consumer durables
do
18, 148 18, 724 19, 347 19, 399 19, 746
Defense products
do
9,828 11,186 10, 549 10, 650 10, 754
Machinerv and equipment
.do
r
2
3
Revised.
' Monthly average.
Advance estimate.
Data for total and components (incl. market categories) are monthly averages based on new orders not seasonally adjusted.
fSee corresponding note on p. S-5.
9 Includes data for items not shown sepaDigitizedrately.
for FRASER
©Includes textile mill products, leather and products, paper and allied products,
10,821
2,233
2,989
1,958
14,828
1,895
5,305
4,402
10, 878
2,251
2,954
1,989
14, 639
1,845
5,288
4,386
10, 064
1,765
3,601
881
23, 741
6, 057
2.317
2,800
1,757
3,734
1,788
1,159
10,917
2,232
3,001
2,012
14, 579
1,852
5,172
4,468
2 18, 000
2 19, 400
3,568
7,897
5,619
3,742
3,095
15, 472
' 1, 421 1, 552
' 2, 336 3,296
' 3, 916 3,839
54, 472
251,800
54, 232
51, 461
5,061
3,026
4,481
7,632
7.656
21, 654
16, 060
47, 169
3,859
2 172
4^104
6,884
7.058
20, 060
15, 189
2,971
47, 076
3,930
2,193
4,059
6,933
7,111
19,869
14, 985
3,056
46, 676
3,930
2, 120
4,062
7,027
7,114
19, 368
14, 446
3, 120
47, 072
4,022
2,168
4,081
7, 069
7,153
19,724
14, 723
3,011
47,644
4,169
2,281
4,099
7,072
7,337
19, 805
14,919
2,942
47, 805
4,082
2,203
4,190
7,169
7,383
19, 821
14, 990
2,892
48, 840
4,485
2,525
4,311
7,325
7,347
20, 294
15, 305
2,839
49, 225
4,513
2,540
4,366
7,421
7,402
20, 443
15, 301
2,779
2,796
2,771
1,977
26, 483
5, 111
16, 569
1,945
26, 502
5,017
16, 668
1,987
26. 197
4, 986
16. 626
1,908
26, 534
4,952
16,689
1,994
26, 598
4,967
17, 027
2,061
26, 555
5,044
17,037
2,016
27, 059
5,123
17, 481
1, 997
27, 404
5,167
17, 436
'1,910
'28, 028
' 5, 213
'17, 682
1,919
28, 914
5,204
18, 195
251,600
1,362
1,418 r 1, 356
1,440
1,408
1,338
1,410
1,313
1,407
1,352
19, 625 19,429 18, 724 19, 062 19, 365 19, 363 19,613 19, 670 '19, 828 20, 606
'12,
349
12,
506
11,931
11,442
11, 622
10, 931 10, 928 11,186 11,326 11,348
and printing and publishing industries; unfilled orders for other nondurable goods industries
are zero.
IFor these industries (food and kindred products, tobacco products, apparel
and related products, petroleum and coal products, chemicals and allied products, and rubber
and plastics products) sales are considered equal to new orders.
SURVEY OF CURRENT BUSINESS
September 1064
1962
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
Monthly
average
S-7
1964
1963
July
Aug.
Sept.
Oct.
Nov.
Dec.
Feb.
Jan.
Mar.
Apr.
May
June
July
Aug.
GENERAL BUSINESS INDICATORS—Continued
BUSINESS INCORPORATIONS &
New incorporations (50 States and Dist. Col.):t
Unadjusted
number.. 15, 171
Seasonally adjusted
do
15,534
15959
15 431
15 277
16 093
13 824
15 689
16 808
16 275
I9 975 15 472
15 759 15 867
1,315
1,198
1 155
1 135
1 051
1 262
1 115
112
225
215
629
134
114
200
201
557
126
101
180
173
590
111
108
210
187
522
108
113
189
167
467
115
133
207
217
578
127
129
198
186
479
123
101, 133 112 716 120 509
7,831
7,425
7 614
20, 295 19,280 31, 350
33, 333 46, 475 45 955
29, 143 24, 947 26 463
10, 531 14, 589
9 127
65 233
5 304
12' 394
18 748
19 341
9 446
834 262 112
4 171
758
9S1 20 395
777 197 9429
^03 26 83
715 12 842
68 427
3 764
13 935
22 662
16 849
11 217
INDUSTRIAL AND COMMERCIAL
FAILURES cf
Failures total
number
Commercial service
Construction
_
Manufacturing and mining
Retail trade
Wholesale trade
do
do__ _
do
-_ do
do
_
Liabilities (current) total
thous. $
Commercial service
- do
Construction
do. _.
Manufacturing and mining
do
"Retail trade
_
do
Wholesale trade
do
Failure annual rate (seasonally adjusted)
No. per 10,000 concerns. _
J
60.8
156.3
57.1
54.5
85
6
21
28
15
14
918
579
592
149
644
024
59 4
91
10
12
32
23
11
59 6
55 1
18 825
16 193
15 495
16 086
17 676
16 064
17 365
16 242
16 394
15 932
16 856
15 797
17, 145
15 852
998
1 217
1 241
1 320
1 197
1 075
1 157
1 096
91
198
176
433
100
109
201
205
570
132
109
204
211
572
145
131
210
212
625
142
101
201
216
554
125
92
179
188
501
115
123
219
146
563
106
82
214
192
501
107
96 731 123 935 110 999 112 884
5 721
7 238 11 686 10 355
22 166 14 933 20 776 27 872
29' 649 26 260 26 762 30 650
27 376 22 680 19 515 28 151
11 819 52 824 32 260 15 856
93
10
14
37
23
7
419 144 496 125 642
9 037
245 80 909
687 15 349 23 772
782 17 951 93 309
291 21 694 20 781
8 593 48 743
414
51 2
53 9
55 3
56. 6
51 3
49.4
53.2
54.9
240
239
236
235
232
234
232
941
234
237
274
163
162
226
217
258
163
161
272
947
307
489
283
243
247
487
934
943
97c
907
COMMODITY PRICES
PRICES RECEIVED AND PAID BY FARMERS
Prices received, all farm products©
1910-14=100..
244
242
243
242
242
242
242
237
243
do
__do
do
do
do
231
243
271
153
226
237
231
271
164
224
237
238
269
170
205
232
194
271
168
206
232
189
276
171
9qc
9f)c
941
9cn
941
9^4
9fl4
1 fi4
943
97O
91 3
229
do
..do ...
do
do
226
248
157
530
279
258
157
494
277
256
181
496
274
255
200
479
264
253
292
498
AQC
do_ __
do
do
do
do
255
253
310
145
252
245
253
290
146
269
249
242
308
250
251
303
142
260
250
948
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
280
294
270
283
298
273
307
Parity ratio §t
Crops
- Commercial vegetables
Cotton
Feed erains and hay
Food grains
-
-
.
Fruit
Oil-bearing crops
Potatoes (incl dry edible beans)
Tobacco
_
Livestock and products
Dairy products
Meat animals
Poultry and eggs
Wool
___
_.
_
1 38
275
978
1 fi9
9fi4
90 r
943
934
9A9
294
154
9 re
283
298
970
qi 9
01 0
a 79
2 70
_. 1957-59—100
105 4
do.._
do
105 4
106 1
do
do
do
do
do
103 2
103.6
101.8
102 1
115.2
104 1
104.9
102.1
101 5
116.6
104 6
105.5
102.1
inn ^
118.1
104 6
105. 5
102.1
100 2
119.0
104 4
105.3
102.2
m
do
do
102 8
110.9
103 5
113 0
103 5
113 1
do
do
do
103 6
101.7
104. 1
105.0
105 1
100.2
103.8
111.0
Housing
.
_.
Shelter 9*
_ _
Rent
Homeownership*
Fuel and utilities*
Household furnishings and operation*
do
do
do
do
do
do
104.8
105 6
105.7
105 6
106 1
101. 5
106.0
106 9
106.8
107 0
107 0
102.4
Apparel and upkeep*
Transportation _
Private
Public.
_ .
do
do
do
do
103
107
105
115
104
107
106
116
Health and recreation 9*
Medical care
__
Personal care
_
Reading and recreation
do
do
do
do
109.4
114 2
106 5
109 6
do
971
249
1 C1
299
970
984
1 ^8
241
259
166
215
225
218
316
327
156
490
293
260
167
490
191
490
251
490
237
260
269
147
281
237
253
273
144
295
230
243
268
136
301
224
237
263
131
301
283
298
272
283
300
272
282
300
270
282
9QO
282
283
271
270
273
283
299
271
q-i 9
311
311
313
313
313
314
313
313
78
78
78
76
78
77
76
75
75
74
106 7
i rj7 -I
107 1
1fl7 1
107. 6 s 707. 8 3/08.0
106 7
107 4
107"!
107 5
107 2
107 6
107 1
9Q7
9Q7
269
974
988
269
313
75
74
CONSUMER PRICES
(U.S. Department of Labor Indexes)
All items
Special group indexes:
All items less shelter
All items less food
.
. „ _
Commodities^
Nondurables
Durables! 9
New cars
_
Used cars..
_
_ _
Commodities less food!_
Services!
Food9 __
Meats, poultry, and
._
_ _ _
fish
__
_
Fruits and vegetables
6
2
9
4
8
8
4
9
4
107.7
107 4
107 ^
105.2
102.7
105.4
103.1
105.6
103.0
120.1
120. 0
121.0
120.3
103 6
113 3
103 7
113 5
104 2
113 7
104 5
113 9
114 1
m
106 2
100.2
103.3
118.7
106 0
101.4
104.2
114.2
101.5
104.3
108.1
100.4
104.6
106.3
99.7
104.8
108.2
99.2
105.0
109.8
98.3
105.0
112.4
106.0
106.0
107 0
106.8
107 1
106 4
102.5
i 07 o
106.7
107 1
infi 7
102.4
104 ^
107 8
106 4
116 6
104 7
108 3
106 9
117 1
107 8
QQ 8
107 2
i r>Q -i
e
104 ^
105.7
102.9
102. 3
119.6
106.2
106.3
106.6
106.9
106.9
107.0
107.1
107.2
107.3
102.7
102.6
102.7
102.9
107.3
108. 5
107. 7
102.7
1fl7 1
107 9
-inc A
105. 0
107 9
106 5
mi
118. 3
112.3
112.4
112.7
3
107.6
3 107. 9
3 108. 2
107.7
107.8
107.8
108.0
108.3
107. 5
108.4
107. 5
108.6
107. 7
108.6
107.7
108.7
107.9
108.8
108. 2
108. 8
104.8
105.6
102.9
102. 2
119.0
104. 8
105.6
102.9
101.8
119.6
104. 9
105.6
102.9
101.6
120.9
104.8
105. 5
102.8
101.2
121.6
105.0
105.8
102.9
100.8
122.7
105. 3
106.3
102. 9
100.6
122.7
104. 3
104.3
104.3
114.9
104.3
115. 1
104.3
115. 3
106.0
98.3
104.8
113.9
105. 7
97.2
104.5
115.1
105. 7
97.0
104.1
115.7
105. 5
96.6
103.9
115.7
106.2
96 8
104.0
120 2
107.2
98 9
104.3
122 3
106.9
108.3
107.5
108.8
106.8
102.7
107.1
108.4
107.5
108.9
107.3
102.8
107.0
108.2
107.7
108.6
107.4
102.9
106.9
108.2
107.7
108.4
107.2
102.9
107.1
108.4
107.8
108.7
107.1
102.9
107.1
108.6
107.8
108.9
107.0
102.8
105. 1
108. 6
107. 2
118.4
105. 3
108.9
107. 4
118.3
105. 6
109.0
107.6
118.4
105.7
109.1
107.7
118.6
105.7
109.2
107.8
118.9
105.5
109.4
107.9
119.0
112.9
118. 5
108.4
113.1
118.7
108. 7
113. 6
113.4
119.0
108.7
114.0
113.5
119.1
108.9
114.1
9
-me A
112.1
111.9
111.4
111.7
117 4
1 17 5
I1 7 0
117 3
108 0
107 9
108 0
108 2
_
112 1
111 5
112 3
111 5
' Based on unadjusted data.
2 Annual data for 1961-63 for parity ratio
adjusted for government payments made directly to farmers are as follows (unit as above)83; 83; 81. Descriptive material and annual data back to 1933 appear in the Dept of Agriculture publication, "Agricultural Prices," January 1964.
s «A11 items" index on old
basis (discontinued with June index).
4 New series. Beginning Jan. 1964 the index reflects
the following changes: (1) updated weighting factors and price data base; (2) improvements
in statistical procedures; (3) a more comprehensive index, incl. single workers living alone as
well as families of wage earners and clerical workers; (4) expansion of the "market basket"
from 325 to 400 items; and
(5) increase in the- sample
.
-- a.---- of
~- priced
!------ cities
—^, to
w 50
„„ metropolitan
^.v-nOpolitan areas
and cities in t h e I .S. incl. Alaska and Hawaii. The new series has been linked to the old
3 107.6
112.7
113.5
113.7
119.3
119.5
109.1
109.3
1198
112 7
114.0
114.1
series as of Dec. 1963 to provide continuous series (see exceptions in notes "!" and "*") More
complete information and rata are available from the Bureau of Labor Statistics U S Dent
[
of Labor (Washington, D.C., 20210)
'
tf Compiled I : ""
~
fData prior t
on p. S-7 of tl
upon request.
SRatio of pric vs received to prices paid (incl. interest/ taxes',"arufwage rates)
fData
beginning 1962 s shown here are not comparable with "old series" data formerly published
9 Incl. data not shown separately.
* New indexes.
1 08 4
SURVEY OF CURRENT BUSINESS
S-8
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1963
Monthly
average
September 1964
1963
Aug.
July
Sept.
1964
Oct.
Nov.
Dec.
Feb.
Jan.
May
Apr.
Mar.
June
July
Aug.
95
86
102
100
97
87
105
100
COMMODITY PRICES—Continued
WHOLESALE PRICEScf
(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 goodsQ
do...
By durability of product:
Durable goods
.
do
Nondurable gooxJs
do
1
93.0
89 8
95.4
100.6
193.5
92.9
93.9
100.3
93
93
94
100
97.1
100.2
101.7
95.0
100.5
101.4
96 1
100. 6
101 8
95 7
100. 5
101 4
94 8
100.5
101 5
101.0
100.1
101.0
99.6
101 1
100 1
101 2
99 6
101 1
99 5
do
do
do
100.8
101.3
100.1
100.6
101.3
99.8
101 0
101 5
100 4
100 8
101 5
100 0
100 7
101 4
99 9
100 9
101 7
100 2
100 9
101 8
100 1
i no Q
101 9
99 9
101 3
101 9
100 5
Farm products 9
do
Fruits and vegetables, fresh and dried — do
Grains
do
Livestock and live poultry
do
97.7
97.7
98.8
96.2
95.7
96.1
101.9
88.8
96 8
97.0
99 5
94.4
96 3
92.5
98 5
93.5
95 5
88.0
102 9
88.6
95 1
89.1
101 8
88.0
96 2
96.1
100 3
87.9
no q
%q
r
94.8
101 8
79.9
95.9
103 9
84.7
97.9
102 0
82.8
do
do
do
do
do
101.2
107.6
106.9
98.0
99.1
101.1
107.3
107.5
103.9
93.3
102 2
106 4
107 3
105.7
96.3
100 9
106 0
107 9
104.8
95.2
100 9
107 0
108 0
105.3
94.2
102 5
J09
C
100 9
inn r
i n7 q
1 on A.
107 7
107 4
105.8
93.2
107 9
106.4
91.7
ino 1
1 r\7 c
106.8
87.7
108 0
107.2
91.8
107.4
88.9
Commod. other than faim prod, and foods.do
100.9
101.2
101.3
101.2
Total manufactures
Durable manufactures
Nondurable manufactures
Foods processed 9
Cereal and bakery products
Dairy products and ice cream
Fruits and vegetables, canned, frozen
Meats, poultry, and
fish
8
4
2
6
92
90
94
100
6
3
2
4
93
91
94
100
0
4
1
3
95
95
96
100
8
1
3
5
r 93 g
100.5
T 102 1
94 0
100.4
101 9
101 8
102 0
102 4
98 4
102 3
98 4
102 5
QQ 9
102 2
98 9
r 102 4
QQ *»
98 9
no 7
101 1
inn n
100 9
102 4
99 4
100 8
102 6
99 0
100 8
102 4
99 1
101 1
102 5
99 7
101 0
102 5
99 5
nc 9
944
104.9
99 1
83.8
105. 9
103 3
82.4
93 7
107.4
103 2
81.2
93 2
113.1
89 8
82.3
94 1
' 108. 9
85 7
87.7
93 6
98.0
85 7
88.4
99 4
107 5
106 6
106.3
86.9
100 2
107.5
88.7
100 4
107 8
107 1
107.3
88.3
107 1
106.1
90.2
101 2
108 6
T 107 o
105.3
93.3
107 3
102.9
93.3
101.1
101.1
101.1
100.9
101.1
101.1
96
94
95
87
100
104
6
4
4
3
2
8
96
94
95
88
100
104
7
5
5
6
2
8
%c
96 6
94 3
T 94 Q
r 95 9
101 1
r 104 i
Qfi 1
%
A
94 0
101.2
101 6
101 4
99 8
101 5
100 0
101 6
99 2
101 7
inn ^
100.8
100.7
100.9
96
94
95
81
99
103
96
94
95
81
96
103
96
94
94
81
97
103
96
94
94
88
97
103
Fuel and related prod , and power 9
do
Coal
-do
Electric power
Jan. 1958=100..
Gas fuels
do
Petroleum products, refined
1957-59=100..
100.2
96.8
102.8
119.2
98.2
99.8
96.9
102.0
122.8
97.2
100 4
95 8
102.0
121 2
98.7
98 9
96 2
101.9
120 9
96.1
99 0
97 2
101.8
121 7
95.9
98 8
97 7
101.4
122 0
95.6
Furniture, other household durables 9 ---do
Appliances, household
do
Furniture household
do
Radio receivers and phonographs.. _ do. .
Television receivers
do
98.8
94.0
103.8
86.1
94.2
98.1
91.8
104.6
82.8
92 3
98.0
91 7
104 5
81 5
91 9
98.1
91 7
104 6
81 5
91 9
98.1
91 4
104 8
81 9
98.1
91 2
104 8
81 9
Q1 Q
Q1 8
Hides, skins, and leather products 9
Footwear
Hides and skins
Leather
Lumber and wood products
Lumber
do
do
do
do
do
do .
107.4
108.6
106.2
108. 5
96.5
96.5
104.2
108 3
84 0
101 9
98.6
98 9
104.3
108 4
83 5
102 2
101.6
102 1
103.6
108 4
80 5
100 1
102.6
102 7
103.1
103.4
103.5
99.9
inn 7
99.2
99.2
Machinery and motive prod. 9
__
Agricultural machinery and equip
Construction machinery and equip
Electrical machinery and equip
Motor vehicles
do
do
do
do
do
102.3
109.5
107.8
98.4
100.8
102.2
111.1
109.6
97.4
100.0
102. 1
110.9
109.7
97.2
99 8
102.1
110.9
110.0
97.2
99 5
Metals and metal products 9
Heating equipment
Iron and steel
Non ferrous metals
do
do
do
do-
100.0
93.2
99.3
99.2
100.1
92.9
99.1
99.1
100. 0
93.3
99.0
99.0
100.1
93.1
99.0
99.4
102 2
110.9
110.1
97.2
99 3
100.3
93. 1
99.1
99.6
102 3
111.2
110.4
97.4
99 9
100.9
93. 1
99.9
99.9
102 5
111.4
110.9
97.5
99 9
101.0
92.8
99.9
100.2
Nonmetallic mineral products 9
Clay products structural
Concrete products
Gypsum products
Pulp, paper, and allied products
Paper
- - .
Rubber and products
Tires and tubes
do
do
do
do _.
do
do
do
do
101.8
103.5
102.6
105.0
100.0
102.6
93.3
87.1
101.3
103.6
101.7
105.4
99.2
102.4
93.8
90.1
100.9
103.5
101.2
105.0
99.0
102.2
93.0
89.1
101.0
103.6
101.2
105.8
99.1
102. 2
93.7
91.2
101.1
103. 4
101.3
106. 1
99. 1
102.2
93.4
91.7
101.3
103.4
101.3
106.1
99.5
102. 8
94.2
91.7
Textile products and apparel 9
Apparel
.
Cotton products
Manmade fiber textile products
Silk products
Wool products
do
do. ..
do
do
_do
do
100.6
101.5
101.7
93.9
125.9
99.1
100.5
101.9
100 3
93.9
139.9
100 9
100.4
102. 2
99.8
93.7
134.5
100.5
100.4
102. 2
99.7
93.9
136.6
100.6
100.5
102. 3
99.9
94.0
130. 1
100.6
104.1
101.0
101.4
107.3
100.8
106.1
101.0
104 1
110.4
101 0
107.5
101.0
105.6
110.4
101.0
107.5
101.0
105. 6
111.1
101.2
99.4
94 9
99.7
93 7
99.4
93 4
99.6
93 4
2
2
9
5
1
9
96 93
94
95 0
90 2
Q4. 9.
QC
n
5
5
5
0
Qfi *3
Q4 t
94
88
98
100
4
9
5
5
102 2
100 0
99 6
QA
%
4
95. 2
oq i
QO
q
101.3
98.1
91 2
98.0
01
100. 2
104. 8
inr i
101.3
122 3
93.8
96.1
Q
3
9
9
4
1AO 1
no A
104 9
94
87
98
100
99 5
98 3
101.
3
194 H
96.6
99 0
98 1
101.3
126 8
95.3
92.9
98.4
91 5
105 0
81 5
98.5
98.5
Q1 0
01
Q7 1
99.4
C
96
88
102
100
95 0
101.3
120 4
91.1
98.6
91 6
95 1
101.3
116 6
92.2
2
0
4
0
1 07 Q
94 3
Qd. R
93 2
1 nn 9
1 0^ Q
96 3
95 3
100.9
116 0
92.3
8
8
5
4
96 7
r 96 1
100.6
T 120 2
92.5
9
7
7
3
101 0
1 08 4
Qfi ^
93 9
Q4. 7
100 5
1 00 9
104 8
96 °
96 4
100.6
120 2
91.4
98.5
91 9
105 3
81 5
91 2
'98.6
T 91 2
r 105 4
r 90 8
98.6
91 3
105 5
81 8
90 8
104.7
108 3
85 7
104 5
101.8
102 2
104.8
108 3
90 3
103 3
101.4
101 8
'T 105. 4
108 3
92 6
104 7
101. 2
101 5
105.6
108 3
96 0
104 5
100.9
101 2
103 3
112.7
112.3
97.7
101 2
1C3 0
112.7
112.3
96.5
101 1
' 103. 1
••112.9
112. 3
96.5
101.2
103.0
113.1
112.3
96.6
100.9
98.6
91 6
inr 9
inc q
81 5
Q1 9
81 5
104.5
108 3
88 1
102 0
101.8
102 0
r 81 8
90.9
Qn n
102.5
108 °
74 0
99 7
99.9
100 3
102 5
112.1
111.8
96.9
99 8
101.7
92.0
100. 2
101.4
102 5
112.5
111.8
96.9
99 8
101.8
91.8
100.2
101.7
102 7
112.6
112.0
97.0
QQ Q
102 9
112.7
112.2
97.7
99 9
102.0
92.1
100.2
102.8
102.2
92.1
100.2
104.0
102.1
92.0
100.3
103.9
102.3
92.4
100.4
104.0
102.5
'92.1
100.7
104.4
102.9
91.8
101.2
105.7
101.2
103.5
101.4
106.1
99.4
102.9
94.2
91.7
103.0
108.2
76. 3
99. 5
99.1
99. 2
102 6
111.9
111.2
97.7
99 9
101.3
92.7
100.0
101.0
101.3
103.5
101.4
106. 1
99.4
102.9
93.8
91.4
102.7
108 3
7ti 1
99 5
99.0
99 9
101.1
103. 5
101. 2
106. 1
99.8
103. 1
93.7
91.3
101.2
103.8
101.0
108.6
99.9
103.1
93.6
91.3
101.1
103.9
100.7
108.6
99.3
103.5
93.9
91.3
101.3
104.5
100.6
108.6
99.1
103.6
93.1
89.2
101.3
104.5
100. 6
108.6
98.7
103.7
92.6
88.0
101.4
104.5
100.8
108.6
98.7
103. 7
91.6
88.0
101.5
•• 104. 4
100.9
108.6
98.7
103.7
91.8
88.0
101.6
104.5
100.8
108.6
98.7
103.7
91.8
88.0
100.7
102.5
100. 2
94. 2
126.1
100.6
101.1
102.3
101.3
94.4
130.5
101.6
101.2
102. 3
101.5
94.6
126.3
102.8
101.2
102. 3
101.3
94.7
121. 6
103. 2
101.2
102.3
101.2
95.1
116.8
103.3
101.2
102.3
101.1
95.5
116.6
103.3
101.1
102.3
100.5
95.5
116.4
103. 2
101.2
102.7
99.6
96.0
116.4
102.8
101.0
102.8
98.7
96.2
117.0
102. 8
101. 1
103. 3
3
96. 2
117.0
102.6
101.2
103.3
98.6
95.9
117.0
103.0
107.5
101. G
105. 6
111.8
101.1
107.5
100.9
105. 6
111.2
101. 1
107.5
100.9
105. 6
110.9
101.0
107.5
101.0
105. 6
112. 2
101.1
107.6
101.0
105. 6
112.6
100. 9
107.1
101.0
105. 6
110.9
100.9
107.1
100.7
105.6
109.8
101.1
99.7
93.4
99.5
93.3
99.3
93.1
99.7
92.9
99.0
92.9
99.5
92.9
99.6
92.9
1 OS A.
i Figures are for the month of June..
* Indexes based on 1947-49=100
"•Revised..
are as follows: Measured by— wholesale prices, 84.0 (Aug.); consumer prices, 75.2 (July).
92 4
100.3
101 7
95 1
101.3
102 1
100.8
PURCHASING POWER OF THE DOLLAR
As measured byWholesale prices
1957-59=100.,
Coisumer prices
do
93 5
100.6
101 3
92 6
101.1
101 4
96.3
94.8
95.1
80.3
99.9
103.8
Tobacco prod, and bottled beverages 9 —do
Beverages, alcoholic
do
Cigarettes
do Miscellaneous
do
Toys sporting goods
do
94 2
100.9
101 3
95 1
101.0
101 8
100.7
0
*
Q
3
2
9
94 3
100.9
101 5
94 8
100.9
101 6
97.5
96.3
96.0
76.3
101.9
103.8
0
6
0
7
9
9
95
87
101
100
95
91
98
101
100.8
0
7
1
4
g
0
95 3
87 9
100 9
100 1
95 0
91 1
97 7
100 3
do
do ._
do
do. _.
do
- do
Chemicals and allied products 9
Chemicals, industrial _
Drugs and Pharmaceuticals
Fats and oils, inedible ._
Fertilizer materials
Prepared paint
-
3
2
4
3
7
4
3
7
1Q9 2
95
93
97
100
1 no A
90. 9
102.5
i no 9
101.0
Q1
9
r
r
98.
r
107.4 ' 107. 3
107.3
107.1
100.7 ' 100. 3 ' 100. 3
100.7
105.6 r 105.6
105.6
105.6
107. 5
107.2
106.7
109.5
101.0
' 100. 8 ' 100. 8 100.9
99.7
92.8
99.9
92.8
100.0
92.6
99.6
292.3
107.5
100.8
105.6
107.4
101.0
299.7
cfFor actual wholesale prices of individual commodities, see respective commodities.
O Goods to users, including raw foods and fuels.
9 Includes data not shown separately.
SURVEY OF CURRENT BUSINESS
September 1964
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1964
1963
1963
Monthly
average
S-9
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
CONSTRUCTION AND REAL ESTATE
CONSTRUCTION PUT IN PLACE f
4,954
5,204
5,780
5,999
4,579
4,177
4,643
5,098
5,483 ' 6, 185
3,475
2,024
1,553
0)
3,648
2,154
1,672
0)
4,034
2,470
1,919
C1)
4,088
2,446
1,943
0)
3,258
1,813
1,451
0)
3,021
1,626
1,316
3,325
1,908
1,477
0)
3,638
2,188
1,610
(0
3,895 ' 4, 222 ' 4, 253 4.259
2,345 ' 2, 573 ' 2, 551 2, 517
1,703 ' 1, 879 '1,975
1,991
0)
0)
0)
0)
960
246
413
199
107
360
988
247
433
189
106
374
1,010
234
451
210
117
404
1,066
243
483
228
120
423
1,015
268
434
168
98
312
993
264
425
163
95
286
981
257
424
167
96
317
963
251
411
155
95
366
1,017
254
442
175
99
404
1,086
258
480
207
106
'421
'1,130
'269
'497
'220
115
'418
1,154
284
497
220
118
435
1.480
429
102
532
418
1,557
460
0)
556
430
1,746
482
131
652
481
1,911
493
148
765
505
1,321
435
0)
397
392
1,156
429
0)
266
376
1,318
464
0)
351
413
1,460
525
0)
384
454
1,588
517
0)
481
477
'1,963
'597
'1,914
'535
0)
740
525
1, 951
547
New construction (seasonally adjusted at annual
rates) total*
mil. $_. 259, 453 262, 451
New construction (unadjusted), totalf
mll.$._
Privite total 9
do
Residentiil (nonfarm) 9
do
New housing units
do
Additions and alterations
—do
Nonresldentlal buildings, except farm and
Dnblie utilities total 9
mil $
Industrial
do
Stores, restaurants, and garages
do
Public utilities
do
Public total
do
Military facilities
do
Other types
do
(')
0)
710
'534
' 6, 167
6,210
0)
0)
0)
62, 265
63, 653
63, 530
64, 966
65, 072
65, 193
64, 684
65, 528
66, 509
66,615
64, 983 '66,576 '66,687
66, 025
41,695
43, 772
43, 693
44, 305
44, 633
45, 365
45, 488
45, 778
45, 440
46, 274
46, 923
46, 449
45, 780 '46,006 '46,217
46, 231
24, 292
Residential (n on farm)
- do
Non residential buildings, except farm and
public utilities, total 9
.mil. $.. 11,526
2,949
Industrial
do
4,955
(Commercial 9
do
2,385
Stores, restaurants, and garages
do
1,282
Karm construction
do
4,318
Public utilities
do
25, 843
25, 843
25, 752
25, 953
26, 584
27, 000
26, 896
26,907
27, 600
28, 123
27, 538
26, 678 '26,612 '26,692
26,511
11,859
2,962
5,200
2,268
1,266
4,494
11,610
2,896
5,044
2,195
1,267
4,619
12,219
3, 005
5,449
2,471
1, 266
4,704
12, 533
3, 049
5, 671
2, 611
1, 265
4, 540
12, 431
3, 085
5,518
2,477
1,264
4,772
12, 480
3,136
5,469
2, 335
1, 261
4,473
12, 592
3,158
5, 515
2,333
1,261
4,753
12,476
3,060
5,499
2, 330
1,258
4,547
12,581
3,058
5,546
2,300
1,254
4,547
12, 728
3,074
5, 668
2,351
1,253
4,518
12. 661
3, 076
5, 561
2,293
1,252
4,660
12, 756
3,149
5,542
2, 252
1,250
4,746
_-do. _. 17, 758
18,679
18, 572
19, 348
18, 897
19,601
19, 584
19, 415
19, 244
19, 254
19, 586
20, 166
19, 203 '20,570 '20,470
5,145
1,222
6,378
5,524
0)
6,670
5,358
1,489
6,521
5,444
1,583
6,973
5,638
0)
6,600
5,815
0)
7,145
5, 803
(')
7,254
6,075
(')
6,713
5,761
0)
6,685
6,171
0)
6,169
5,993
6,796
0)
6,259
0)
7,068
6,040
0)
6,410
3,442
3
120
1,133
2,309
3,824
133
1,229
2,594
4,125
126
1,319
2,805
4,061
132
1,318
2,744
3,707
128
1, 154
2,552
4,313
146
1,321
2,992
3,749
144
1,157
2,592
3,413
148
1,155
2,257
3,346
147
1,198
2,149
3,201
143
1,041
2,160
4,215
140
1,339
2,876
4,359
138
1,318
3,042
4,639
138
1,535
3,104
4,504
138
1,491
3,013
4,601
140
1,619
2,983
1,084
1,503
659
196
1,212
1,716
683
212
1,271
1,934
742
178
1,322
1,883
675
182
1,154
1,789
662
102
1,331
2,028
748
206
1,082
1.519
704
444
1,102
1,158
1,325
1,372
629 } 816
356
1,082
1,427
692
1,252
1,991
972
1,420
2,006
933
1,362
2,050
1,227
1,400
1,996
1,108
1, 548
2,000
1,054
Private totnl 9
Public total 9
- do
-
Nonresidential buildings _ _
Military facilities
Highways
_ _
do
do...
do
12, 900 '13,063 13,271
3,204 ' 3, 334 3, 505
5, 562 ' 5, 574 5, 609
2, 268 ' 2, 302 2,381
1,247
1,242
1,237
' 4, 832 '4,800
4,826
' 6, 528 ' 5, 929
0)
0)
6,888
7, 549
19,794
6,008
0)
0)
CONSTRUCTION CONTRACTS
Construction contracts in 48 States (F. W. Dodge
Corp.): A
Valuation total
mil $
Index (mo. data seas, adj.)
1957-59=100__
Public ownership
mil $
Private ownership
do
By type of building:
Nonresidential
_ _ _
__ _ do
Residential
do
Public works
do
Utilities
--- -do _
Heavy construction:
New advance planning (ENR)§
do
Concrete pavement awards:d"
Total
thous. sq. vds__
Airports
-- . do
Roads
_ _
do
Streets and alleys
do
Miscellaneous
do
1,766
2, 770
2,416
2,976
2,666
3,600
4,484
2,656
6, 577
3,986
2,664
3,165
3,190
3,143
4,823
3,506
9,483
477
6,217
2,789
10, 053
482
6,411
3,160
13, 661
973
7,592
5,097
9,399
184
5,613
3.603
8,142
254
4,968
2,920
13,033
189
8,139
4,706
8,164
199
5,115
2,850
10, 389
176
8,177
2, 037
10,891
256
« 8, 464
* 2, 095
* 76
6,820
225
5,159
1,197
240
9,057
836
6,956
1,046
219
12,997
611
9,861
2,402
124
10,831
240
7,714
2,716
161
9,463
270
6,474
2,481
238
13, 354
1,395
8,981
2,747
231
7,246
388
4,840
1,660
357
124.4
83.0
121.9
••136. 7 « '153. 5
•"85.1 « ' 99. 1
'134.1 "151.3
' 149. 4 ' 148. 4 ' 167. 5 ' 122. 3 '97.4
'94.0 ' 104. 3 ' 72. 4 '50.9
'97.9
' 146. 3 ' 146. 4 ' 164. 5 ' 120. 5 '95.7
100.8
55.3
99.6
101.1
63.7
100.3
133.3
82.2
130.1
152.3
90.7
148.5
' 160. 5 ' 164. 0 ' 143. 3
'101.4
101.8
' 157. 5 ' 158. 5 '141.0
122 A
87.7
119.9
••134. 4 <"151.9
' 95. 8 « '106. 2
'131.8 "149.7
' 147. 5 ' 145. 2 ' 164. 2 '119.7
'84.6
' 101. 1 ' 104. 1 '117.3
' 143. 9 ' 143. 2 '161.2 '117.9
'95.1
'76.8
'93.4
99.5
5 75.0
98.3
98.5
73.8
97.7
131.5
96.6
128. 3
149.5
102.5
145.7
'158.2
'115.1
'155.2
"1,599
"'1,584
'1,475 ' 1, 747 ' 1, 864 ' 1, 577
' 1, 454 '1,712 '1,824 ' 1, 544
' 1, 570
' 1, 524
1,718
1,688
1,657
1,613
1,663
1,638
1,531
1,501
' 1, 529 '1,611
' 1, 507 ' 1, 585
' 1, 488
' 1, 466
1,402
1,380
' 1, 401 ' 1, 359 ' 1, 402
'751
'738
'715
'1,333
' 742
' 1,404
'•810
' 1, 377 ' 1, 280 ' 1, 271 '1,306
' 767
'714
'700
'720
' 1, 246
'667
1, 282
709
113
HOUSING STARTS AND PERMITS
New housing units started:
Unadjusted :
Total, incl. farm (public and private). _ _ t h o u s _ .
One-family structures
do
Privately owned
do
Total nonfarm (public and private)
In metropolitan areas
Privately owned
do
do
do
Seasonally adjusted at annual rates:
Total including farm (private only)
Total nonfarm (private only)
do
do
New private housing units authorized by bldg. permits (12,000 permit-issuing places):*
Seasonally adjusted at annual rates:
Total
thous-- 21,229
»756
One-family structures _ _ _ _ _ do
2
1, 335 "1,320
2750 « '739
' 1, 286
'738
'1,371
'764
' 161. 3 '141.1
103.7
116.4
' 155. 8 ' 138. 8
141.0
139. 0
138.4
136.4
CONSTRUCTION COST INDEXES
110
107
110
110
Dept. of Commerce composite}:
1957-59= 100__
109
American Appraisal Co., The:
782
756
788
780
Average 30 cities
1913—100
786
862
832
856
857
862
Atlanta
do
851
869
New York
do
836
858
867
775
720
761
770
San Francisco
do
774
741
754
762
762
760
St Louis
do
Associated General Contractors (building only)
115
115
111
115
114
1957-59=100..
' Revised.
1 Not yet available; estimate
included in total.
- Annual total (also for
3
breakdown of new construction value).
Computed from cumula'nc valuation total.
4
Prior to 1964, "miscellaneous" yardage was included with data foi roads and streets.
* Effective Jan. 1964, based on 1963 definitions of metropolitan art us, aot &>lrictly comparable
with earlier data.
t Re vised series. Revised annual totals back to 1940 appear in Cou:-! r u u ion Report C30-60;
revised monthly data back to 1946 will be shown in a Supplement to I"- issued later bv the
Bu. of the Census.
9 Includes
data not shown separately.
A Monthly averages for 1962 tire based on annual
Digitized
FRASER
totalsfor
including
revisions not distributed by months.
110
110
111
111
111
111
111
112
112
112
790
863
872
778
765
791
863
872
778
774
792
863
874
778
77G
792
863
884
778
779
793
870
884
780
779
793
870
884
780
779
794
870
884
780
111
798
872
884
780
786
800
872
884
794
786
806
872
893
799
786
116
116
117
117
117
119
116
118
119
120
117
§ Data for Aug. and Oct. 1963 and Jan., Apr., and July 1964 are for 5 weeks; other months, 4
weeks. Comparable data prior to 1961 not available.
d*Data for July, Oct., and Dec. 1963 and Mar. and June 1964 are for 5 weeks; other months,
4 weeks.
* New series (from Bu. of Census reports, Series C-20). The 12,000 permit-issuing places
covered by these data account for a major portion (about 83 percent) of private residential
building in the United States (1959-63 data for 10,000 places are also provided in Series C-20
reports).
ta Revised to 1957-59 reference base: also reflects revision of basic data.
Revisions for Jan.—June 1963 are available upon request.
SURVEY OF CURRENT BUSINESS
S-10
1962 | 1963
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
Monthly
average
September 1964
1964
1963
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan,
Feb.
Mar.
Apr.
May
June
July j Aug.
CONSTRUCTION AND REAL ESTATE—Continued
CONSTRUCTION COST INDEXES— Con.
E. H. Boeckh and Associates, Inc. :1
Average, 20 cities:
All types combined
1957-59=100
Apartments hotels office buildings
do
Commercial and factory buildings
do
Residences
do
Engineering News-Record:
Building
. 1957-59=100..
Constructlon
-- -.do....
Bu. of Public Roads— Highway construction:
Composite (a vg for qtr )
1957-59~100
107.8
108 8
107.8
106.3
110.2
111.3
110.2
108.5
110.7
111.8
110.7
108.8
110 8
112 0
110 8
109. 1
111.2
112.3
111.2
109.6
111.3
112 4
111.2
109.7
111.4
112 5
111 4
109.8
111.5
112 6
111.5
109.9
111.9
113.0
111.9
110.2
111.9
113. 1
111.9
110.3
111.9
113. 1
111.9
110.3
112.3
113.4
112.3
110.7
112.9
114.1
112.9
111.1
113.6
' 114.9
113.6
111.8
114.1
115. 3
114. 1
112.2
110.1
114.7
112.7
118.6
113.1
119.6
114.2
120.3
114.2
120.3
114.6
120.6
114.3
120.3
114.4
120.4
114.6
120.8
114.6
121.1
115.0
121.4
115.3
121.9
115. 6
122.3
116.2
123.1
116.6
124.3
i 116. 9
t 124.7
3
98. 6
2
102.2
103.4
101.7
101. 0
99.3
CONSTRUCTION MATERIALS
Output index:
Composite unadjusted 9
134.5
142.9
151.1
156,9
161.7
147.0
152.4
146.2
163.8
144.7
135.8
142.4
122.2
142.3
127.2
136.3
129.8
147.9
149.8
156.0
158.8
155.9
r
158. 5
' 147. 6
164.9
153.9
131.6
134.6
167.6
140.7
140.5
176.1
162.1
128.6
220.1
165.8
149.2
224.0
147.2
147.4
207.5
154.9
160.7
219.1
126.0
137.6
181.7
113.3
130.2
143.5
118.4
142.6
113.2
122.7
141.9
118.0
151.1
158.0
147.7
168.7
158.0
176.4
164.4
' 154. 5
205.9
174.8
155. 6
216.5
18.4
15.8
14.3
17.1
182
11.9
16.4
172
13.3
14.8
173
11.3
15.0
176
11.2
11.4
190
10.3
183
11.5
178
14.4
193
11.6
19.0
190
11.3
18.7
190
11.1
15.8
173
17.9
177
10.8
15.2
162
10.7
15.8
176
103
109
1947-49—100
Iron °md cte<?l products unadjusted
Lumber and wood products, unndj
Portland cement unadjusted
do
do
do
REAL ESTATE
Mortgage applications for new home construction:
Applications for FHA commitments
thous. units.,
Requests for VA appraisals
do
Home mortgages Insured or guaranteed byFed. Hous. Adm.: Face amount
mil. $.. 439. 24
221.01
Vet Adm * Face amount?
do
Federal Home Loan Banks, outstanding advances 3
3, 479
sv
-»
.)-.-
140
9.4
135
124
111
9.5
99
505.00
267. 35
567. 53
316.01
444. 50
258. 21
486. 68
255. 35
543. 00
267. 77
439.85
201 .31
483. 39
208. 70
483. 67
206. 20
456. 89
192. 02
570. 30
232. 60
616.55
251.51
604. 77
8 4, 784
3,548
3,758
4,024
4,226
4,290
4,784
4,414
4,216
4,168
4,444
4,395
4,769
4, 763
4,781
1,730
2,061
2,341
2, 428
2,196
2,387
1,856
2,118
1,716
1,712
2,071
2,081
2,145
r 2, 394
2,353
498
710
521
586
827
648
619
1,003
623
1,071
734
642
928
626
685
977
725
502
757
597
620
776
722
434
696
586
474
674
564
621
784
666
579
831
671
2,849
7,204
3,077
8,183
3,515
8,347
3,525
8,463
3,177
7,898
3,534
8,461
2,880
7,959
2,987
7,931
2,758
8,530
2,575
8,097
2,935
8,711
3,089
.-p.. 105. 42
117. 13
100.93
113. 73
98.35
109.52
94.91
113. 12
139. 33
118. 85
126.45
124. 93
105. 98
108. 56
719
597
630
'624
881 ' 1, 054 1,038
667
685
'716
108. 08
DOMESTIC TRADE
ADVERTISING
Printers' Ink advertising index, seas. adi.:t
Combined index
1957-59= 100..
Bu^iness papers
do
Magazines
do
Newspapers.
Outdoor
Radio (network)..
Television (network)
_
Television advertising:
Network (major national networks) :
Gross time costs, total
Automotive, Incl. accessories
Drugs and toiletries
do
do__ .
do
do
mil. $..
do
....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 , s oft drinks, confectionery
do
Soaps, cleansers, etc. ...
Smoking materials
All other
do
do
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
2
118
112
127
120
114
132
119
109
127
124
115
131
119
113
127
114
113
131
124
117
134
120
112
126
123
108
128
123
113
133
125
108
128
123
108
137
128
121
138
102
88
75
118
96
88
95
144
98
88
102
143
97
81
118
147
103
79
106
151
95
101
101
142
90
83
86
125
106
85
106
146
102
72
78
151
103
87
84
160
99
91
83
158
107
104
76
160
100
86
87
157
103
86
82
159
199. 7 2 2208. 2
3
2
63. 3
39. 6
14.6
269.6
* 39. 9
200.8
13.3
67.9
39. 1
220 8
16.3
72.3
43.0
224 1
15 2
74.5
45.3
222 2
14 6
69,1
43.7
2
2
2
20. 9
22. 2
40. 8
221.9
223.9
238.4
22.6
24.2
33. 8
21.6
25.0
42. 6
24.4
28.0
36.8
24.5
24.5
45.8
180. 3
2
5. 9
36.1
60. 4
2 217. 8
242.8
273.0
185.3
7.6
34.9
60.2
242.9
8.4
48 7
82.3
21.1
2
7. 4
49.4
222.9
29.7
261.2
22.4
8 6
51.5
20.3
10 1
73 1
73.0
4.6
7.9
2.3
7.1
10.6
77.6
4.8
8.5
2.2
8.0
10.4
2
2
113
108
119
13. 1
2
2
2
2
--..
28.1
54.5
5.1
3.8
1.4
6.4
7.8
82.1
9.1
6.1
3.0
8.0
8.9
99.6
7.0
14.8
2.2
9.9
12.4
103.2
5.7
12.7
1.8
10.8
13.6
77.2
3.9
5.9
1.5
9.9
11.0
54.0
2.0
7.0
.9
6.2
9.0
73.0
3.3
9.1
1.8
8.0
10.9
4.5
4.7
4.2
2.9
4.9
5.5
4.2
2.8
3.7
3.7
3.0
3.0
1.0
.8
.7
3.0
2.8
2'. 8
2.7
AHother...
do
23.8
25.8
19.0
17.9
T
Revised.
1 Index as of Sept. 1, 1964: Building, 117.1; construction, 124.7.
2
Annual average based on quarterly data.
3 End of year
^Copyrighted data; see last paragraph of headnote, p. S-l.
4.2
5.8
4.5
1.0
3.0
28.4
5.5
8.4
5.1
1.4
3.3
29.6
6.9
7.7
5.5
1.4
3.9
33.2
8.8
4.4
2.8
.4
3.8
24.8
1.7
2.7
1.8
.7
2.4
19.7
3.3
3.6
3.1
.9
3.1
26.0
Beer, wine, liquors
.do
Household equip., supplies, furnishings.. do
Industrial materials
do
Soaps, cleansers, etc
_.
.
do
8.3
88
507. 76
278. 14
do_
do
g •»
140
9.1
138
511.16
265. 14
New nonfarm mortgages recorded ($20,000 and
under) estimated total
mil $
ire 10
133
9.1
159
464. 09
253. 76
New mortgage loans of all savings and loan associations estimated total
mil $
By purpose of loan:
Home purchase
All other purposes
122
8.3
145
57. 0
.9
4.7
1.5
7.1
9.0
86.7
6.7
9.8
2.3
9.1
12.8
93.3
7.5
10.6
3.5
8.6
11.8
102.7
6.3
11.5
3.6
9.8
12.9
83.5
2.2
8.9
3.0
9.5
11.6
60.5
.6
6.3
2.0
7.7
10.2
4.2
5.2
4.5
3.7
4.8
5.6
7.1
9.6
7.7
4.3
3.4
5.4
4.9
3.2
4.6
1.0
2.1
1.9
1.2
.8
3.2
2.8
2.7
3.2
3.7
28.9
30.0
33.2
18.5
26.3
9 Includes data for items not shown separately.
§ Data include guaranteed direct loans sold; these became sizable after 1962.
tRevisions for Jan. and Feb. 1963 are available upon request.
SURVEY OF CURRENT BUSINESS
September 1904
Unless otherwise stated, statistics through 1962
arid descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1 1963
S-ll
1964
1963
Monthly
average
July
Aug.
Sept.
Oct.
Nov. I Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
DOMESTIC TRADE—Continued
ADVERTISING— Continued
Newspaper advertising linage (52 cities):
Tot'il
roil
Classified
lines
...-do
233. 2
60.5
238.0
62.5
212.5
63.6
231.1
66.8
246, 7
65.0
267. 7
65.9
258.4
61.8
260.6
53.8
210.6
59.8
210.4
60.9
248.0
66.3
265.1
68.6
275.9
74.8
247.0
68.4
226.5
66.9
do..
do
do
do
do
172.7
12.4
4.8
25,1
130.3
175. 6
12.5
4.9
23. 8
134. 3
148.9
11.6
5.5
19.2
112.6
164.3
11.2
3.7
18.7
130.7
181,7
12.7
4.7
26. 2
138. 1
201.8
.16.0
5.5
28.9
151.4
196.6
13.0
4.7
25.8
153.1
206.7
8.7
5.3
24.0
168.8
150.8
10.6
6.8
18.2
115.2
149.5
12.1
4.2
20.8
112.3
181.7
12.7
5.4
25.4
138. 2
196.5
15.7
5.6
28.8
146.4
201.1
17.1
4.8
29.2
150.0
178.6
16.2
5.2
25.9
131.3
159. 6
12.8
5.8
19.6
121.4
mil. $
19, 613
20, 536
20, 540
21,018
19, 267
21,528
21, 494
25, 104
19, 154
18,758
20, 502
21, 186
Durable goods stores 9
\utoraotive group
Passenger car, other auto, dealers
Tiro battery accessory dealers
do
_ do
do
do
6,245
3. 566
3,344
222
6, 675
3, 830
3,600
230
6, 976
4, 003
3, 746
257
6, 556
3, 529
3, 288
241
5, 999
2,990
2 779
'211
7, 599
4,387
4, 148
239
6, 985
3, 949
3,712
237
7,208
3,690
3,377
313
6,031
3, 677
3,488
189
6,122
3,684
3, 505
179
6,741
4,058
3, 847
211
7,360
4, 453
4, 215
238
7, 693
4, 551
4,289
262
Furniture and appliance group
Furniture, homefurnishings stores
Household appliance, TV, radio
do
do
do
901
583
318
968
622
346
965
608
357
992
651
341
980
647
333
1,095
719
376
1, 077
703
374
1,333
790
543
905
584
321
920
600
320
973
638
335
1 , 004
663
341
1,043
685
358
1,112
••735
'377
'1,098
702
396
Lumber, building, hardware group
Lumber, bldg. materials dealerscf
Hardware stores
do
do
do
947
728
219
964
743
221
1. 100
876
224
1, 138
911
227
1, 055
842
213
1, 119
897
222
1,002
771
231
918
610
308
712
536
176
709
542
167
798
616
182
938
721
217
1,047
801
246
r 1,129
1,113
874
239
Nondurable goods stores 9
\pparel group
Ven's and boys' wear store*?
Women's apparel, accessory stores
Family and other apparel stores
Shoestores
...
_..
do
do
do
do
do
-do
13, 367
1, 195
228
456
301
209
13, 861
1, 205
232
466
300
207
13, 564
1, 010
200
390
241
179
14, 462
1,167
209
446
300
212
13, 268
1. 161
203
448
296
214
13,929
1, 191
218
472
304
197
14, 509
1.308
254
509
343
202
17,896
2,172
471
834
572
295
13, 123
1,026
208
407
234
177
12,636
927
176
375
220
156
13, 761
1,283
206
502
309
266
13, 826
1, 140
204
463
262
211
669
1,442
4,801
4,344
1,554
681
1,506
4, 929
4, 463
1,614
660
1.646
5, 003
4. 502
1, 712
680
1,698
5,318
4, 828
1,730
647
1, 526
4, 684
4,238
1, 599
1,
4,
4,
1,
667
556
910
449
649
666
1,486
5, 153
4, 689
1, 625
906
1, 533
5, 194
4,679
1,713
671
1,436
5,018
4, 558
1,566
656
1, 386
4, 849
4,395
1,480
680
1,485
4, 891
4, 406
1, 585
665
1,547
4, 898
4,414
1,617
713
1, 650
5, 248
4, 739
1,708
'705
'1,711
'5,114
r
4. 613
T
1,754
' 705
' 1,810
' 5, 455
' 4, 949
'1,836
2,267
1,320
163
371
450
2, 388
1,390
177
385
472
2, 108
1, 212
148
341
474
2,444
1,408
183
390
489
2,275
1, 340
172
354
437
2,417
1. 404
197
378
466
2, 728
1,590
248
414
510
4,399
2,625
307
793
724
1,872
1,094
140
289
433
1, 875
1,069
146
313
427
2, 303
1,336
178
389
434
2,310
1 , 366
179
361
446
2,479
1,463
173
399
485
'2,491
'1,481
170
'395
472
' 2, 381 2,626
' 1,392
1, 523
1 58
396
500
2() 719
9Q 666
20, 426
20,716
20, 558
21, 019
21, 000
21,533
21,223
21, 392
6, 606
3.717
3, 495
222
6, 941
3, 980
3,748
232
6, 734
3, 791
3, 556
235
6, 831
3,935
3,685
250
6, 855
3,951
3,711
240
7,262
4, 162
3,925
237
6, 939
3, 894
3, 646
248
7,010
4,026
3, 788
238
7, 218
4, 126
3,880
246
Dlsplav total
Automotive
Financial
General
Retail
RETAIL TRADE
All retail stores:
Estimated sales (unadj ), total
Drug and proprietary stores..
Plating and drinking places
Food group
Grocer v stores
Gasoline service stations
__.,. do._
do
do.
do
do
General merchandise group 9
do
Department stores
do
Mailorder houses (dept. store mdse.)- do
Variety stores
.
do
Liquor stores
do
Estimated sales (seas, adj.), total t
do....
22, 508 ' 22,242 '22,172
' 7, 719 '7,417
' 4, 387 '4,162
••4,110
3, 896
'111
266
-879
'250
14,815 ' 14,523 ' 14,755
1,282 r 1, 238 ' 1.121
240
254
216
506
' 465
433
303
••302
275
233
' 217
197
21,777 '21,773 '21,964
Durable goods stores 9
A utomotlve group
Passenger car, other auto, dealers
do
do
do
6,773
3, 940
3.709
231
6, 56?
3, 733
3,512
2°1
Furniture and appliance group
Furniture, homefurnishings stores
Household appliance, TV, radio
do
do
do
979
613
366
939
611
328
985
648
337
1,028
666
362
986
640
346
1.021
637
384
1, 019
671
348
1,073
707
366
1, 088
711
377
1,095
701
394
1, 080
699
381
1,108
'735
'373
1,106
702
404
Lumber, building, hardware group
do
Lumber, bldg. materials dealers d*.--. do
Hardware stores
do
958
746
212
992
771
221
975
761
214
986
764
222
994
754
240
952
716
236
949
730
219
1,007
779
228
936
727
209
912
707
205
974
754
220
'992
'765
'227
958
734
224
do
do
do
13, 946
1,214
239
475
9
98
202
14,104
1,259
247
480
3°?
209
13, 820
1.204
238
465
303
198
13,775
1, 150
217
451
286
196
13, 824
1,186
224
463
294
205
14, 188
1,250
239
482
307
222
14, 145
1,250
231
497
302
220
14,271
1,291
246
505
326
214
14, 284
1,228
233
477
292
226
14, 382
1,272
241
504
308
219
do
do
do
do
do
674
1 , 497
5, 030
4,540
1, 602
685
1. 519
4. 996
4, 527
1, 612
688
1,470
4. 897
4,441
1,605
683
1, 530
4,943
4,484
1,618
677
1,506
4, 973
4,512
1,638
694
1,528
4,991
4, 523
1,681
694
1, 580
5, 031
4, 548
1,638
666
1, 593
4,991
4, 513
1,641
702
1, 584
5,112
4,605
1,629
689
1,599
5,064
4,574
1,674
713
1, 589
5, 034
4,540
1,670
'721
'1,623
' 5, 202
'4,704
'1,683
725
1,655
5, 234
4, 749
1,716
2,415
1,403
185
385
481
2, 475
1, 452
189
387
476
2, 390
1,386
181
386
466
2,303
1, 321
173
390
478
2, 355
1, 355
183
381
473
2,474
1,457
184
397
483
2,481
1,464
181
410
471
2, 592
1,538
197
408
482
2,489
1,467
188
404
491
2,514
1,467
192
421
486
2, 589
1,543
190
420
495
' 2, 620
' 1 , 533
200
'427
503
2. 689
1,590
192
441
495
Nfondurabl e goods stores 9
Apparel group
Women's apparel, accessory stores
Family and other apparel stores
Shoe stores
Drug and proprietary stores
Eating and drinking places
Food group
Grocerv stores
Gasoline service stations
do
do
.—.-._
General merchandise group 9
_
do
Department stores
do
Mail order houses (dept. store mdse.). do... .
Variety stores
do
Liquor stores
do
Estimated inventories, end of year or month :f
Book value (unadjusted), total
mil $
Durable goods stores 9
do
Automotive group
__.__._do
Furniture and appliance group
do
Lumber, building, hardware group.. .do
Nondurable goods stores 9 - - - - .
Apparel group.
_
Food group
_
General merchandise group.. ._
Department stores*
do
do
do
do
do
'• 7, 002 ' 7, 076
' 3. 885 3, 992
r
3, 645
3; 755
'240
237
28,024 r 28,400 r 29,696 ' 30,606 ' 28,500 ' 28,595 r 29,327 ' 30,200 ' 30,566 r 30,352 '30,118 29, 782
11,461 ' 11,280 ' 11,844 r 12,399 r 12,255 r 12,570 * 12,953 ' 13,384 ' 13,508 r 13,481 ' 13,380 13, 074
* 4, 419 r 4, 253 r 4, 660 ' 5, 036 ' 5, 353 - 5, 659 ' 5, 961 r 6, 159 ' 6, 157 ' 6, 085 ' 6, 027
5, 815
' 1, 966 r 1, 992 ' 2, 066 ' 2, 106 ' 1, 975 ' 1, 939 'r 1, 955 ' 2, 023 ' 2, 055 ' 2, 064 ' 2, 040
2, 039
' 2, 370 ' 2, 363 r 2, 344 ' 2, 361 r 2, 316 ' 2, 296 2, 317 ' 2, 416 r 2, 447 ' 2, 452 ' 2, 452 2,396
15, 599
3,405
3, 395
4, 495
2, 266
16,563 ' 17,120 ' 17,852 ' 18,207 ' 16,245 ' 16,025 ' 16,374 ' 16,816 * 17,058 ' 16,871 r 16,738
*r 3, 564 r 3, 785 ' 3, 925 ' 3, 955 ' 3, 380 r 3, 354 ' 3, 514 ' 3. 611 r 3, 655 * 3, 570 ' 3, 499
3, 491 ' 3, 536 ' 3, 667 r 3, 707 ' 3, 554 ' 3, 553 ' 3, 642 r 3, 698 ' 3, 691 r 3, 673 ' 3, 664
' 5, 051 ' 5. 359 ' 5, 743 ' 5, 879 r 4, 767 ' 4, 623 r 4, 699 ' 4, 896 ' 5, 035 ' 4, 978 ' 4, 931
r
2, 596 ' 2, 792 ' 3, 051 r 3, 143 * 2, 512 ' 2, 400 ' 2, 446 ' 2, 556 ' 2, 613 ' 2, 608 ' 2, 555
16,245 'T 16,202
3, 342
3, 380
3, 554 r 3, 551
4, 767 * 4, 852
2, 512 ' 2, 482
21, 593
*1 6, 867
3, 792
1
1
1, 074
14, 726
1, 198
1
1
711
1,832
5, 229
4,731
1,805
1
22, 115
1
7, 191
14,559 ' 14,771 ' 14,888 1 14, 924
1,295 '1,322
1,319
244
250
252
502
'522
516
320
333
'338
223
'218
218
27, 071 r 28,500 ' 28,350
11, 472 ' 12,255 r 12,148
4,778 ' 5, 353 ' 5, 250
1,861 r 1, 975 ' 1, 908
2,264 r 2, 316 ' 2, 372
r
r
r
r
1
16, 708
3,471
3, 619
5, 040
2, 616
Book value (seas, adj.), total...
__.do
27, 938 29,383 ' 28,648 28,615 r 28,752 r 28,921 ' 29,254 r 29,383 ' 29,608 * 29,586 ' 29,661 ' 29,961 ' 29,926 ' 30,180 30, 061
Durable goods stores 9
.do..." 11, 728 12,509 r 11,981 11,976 ' 12,032 * 12,116 ' 12,341 ' 12,509 ' 12,666 ' 12.708 ' 12,913 ' 13,045 r 13,024 ' 13,079 12,887
Automotive group
__.
do
4, 861 r 5, 435 ' 5, 038 4, 965 ' 5, 075 * 5, 149 ' 5, 301 r 5, 435 r 5, 494 ' 5, 499 ' 5, 650 ' 5, 701 r 5, 624 ' 5, 724 5 586
Furniture and appliance group
do
1, 899 r 2, 013 ' 1, 931 ' 1, 970 r 1,961 ' 1, 990 r 2, 006 r 2, 013 ' 2.011 r 2, 029 ' 2, 037 ' 2, 041 * 2, 066 '• 2, 054
2, 068
2, 349 r 2, 402 ' 2, 349 T 2, 375 ' 2, 387 r 2, 372 * 2, 399 ' 2, 402 ' 2, 379 ' 2, 357 ' 2, 357 r 2, 357 r 2, 371 ' 2, 399 2, 375
Lumber, building, hardware group- -do
r
Revised
i Advance estimate
9 Includes c ata no shown separate y.
tRe vised ser es. Rev ised to ;ake ace omit of benchrru rk data from th e 1962 a nd 1963
cf Cornprises luml* r jards, building materials dealers, and paint, p lumbing , and ele 2trical st ires.
Annmil Survey ^s of Re ail Trad e: revisi ons thro igh 1962 appear on pp. 16-19 of t lie Dec.
t Revised (hack to Tan. 1953) to reflect use of ne \v season al factors and ne\ v adjustrnerits
1963 S URVEY a rid those for Jan. -June 19 13 on p. 28 of tint issue of the SUP VEY.
for t r j v i i n u i U j differences.
Revisions for period s not si own hei e appea r in the July
*Ne w series; for ear lier periods back to Dec. 195 "> see p. 32 of the ipr. 1964 SURVEY
1963 CYnsus H'pmt, "Monthly Retail Trade Repor t, Adjust ed Sales , Suppleinent."
SUKVEY OF CURRENT BUSINESS
S-12
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962 | 1963
September 1964
19(53
Monthly
average
July
Aug.
Sept.
19 64
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
June ! July
May
Aug.
!
DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
All retail stores— Continued
Estimated inventories, end of year or month§—
Continued
Book value (seas, adj.)— Continued
Nondurable goods stores 9
mil $
Apparel group
do
Food group
do
General merchandise group
do
Department stores*
do
Firms with 4 or more stores;
Estimated sales (unadjusted), total.
Firms with 11 or more stores :
Estimated sales (unadj ) total 9
16 210
3, 569
3 405
4.897
2, 466
r
!6 874 r!6 667 '16 639 r!8 720
' 3, 539 Tr 3, 555 r' 3, 536 rr 3. 551
3 568
3 609
3 551
3 619
5, 186 ' 5, 006 ' 5, 023 r 5, 074
2, 730 r 2, 607 ' 2, 609 * 2, 639
T
r
r
r
!6 805 r!6
913 r!6 874 r!6 942 r!6 878 r 16, 748 T r16, 916
' 3, 581 r 3, 605 ••r 3, 539 rr 3, 646 rr 3, 657 ' 3, 593 r 3, 630
r
q
cyo
r
3 683 ' 3, 680 r 3, 665
3 568
3, 659
3 585
' 5, 147 r 5,219 r 5, 186 ' 5, 101 ' 4, 959 'r 4, 923 4, 999
r
2, 695 ' 2, 747 ' 2, 730 ' 2, 679 ' 2, 622 2, 564 * 2, 557
r
r
!6 902 l7, 101
3,672
3, 610
3,664
3, 651
' 4, 996 'r 5, 102
r
2, 670
2, 600
r
r
17 174
3,681
3,670
5,222
2,751
__do
5, 472
5 813
5,518
6 094
5 546
5, 947
6,411
8,239
5.328
5 143
5,773
5, 819
6,253
'6,109
6,146
do
4 631
4 857
4 601
5 107
4 611
4 915
5 364
6 943
4,478
4 330
4,859
4,858
5,233
5,107
5,180
do
_ do __
do
do
307
29
124
90
316
30
134
88
263
25
115
71
310
311
30
131
83
348
34
152
83
567
60
246
133
247
26
97
73
228
22
95
66
365
29
147
119
304
26
132
86
350
33
148
100
335
138
84
309
°5
1°8
93
144
94
292
26
125
82
do
do
do
137
100
40
144
104
42
138
111
38
143
115
44
135
107
41
138
109
51
143
105
52
226
107
51
140
102
32
138
100
39
148
111
45
141
111
44
152
120
47
152
131
46
153
134
44
General merchandise group 9 do
Dept stores, excl mail order sales
do
Varietv stores
do
Grocery stores
do
Lumber vards, bldg materials dealers d*. -do
Tire battery accessory dealers
do
1,464
901
284
1,920
62
90
1 585
985
295
1 974
63
91
1,415
879
263
1,915
75
102
1,641
1,015
301
2, 137
76
94
1 526
961
1 , 8°5
71
83
1,615
1,000
292
1,965
75
93
1,843
1,137
321
2, 140
64
94
2,995
1,850
611
2. 081
50
132
1,262
790
216
2,086
46
75
1,246
763
238
1,982
47
72
1, 564
968
304
1,970
52
82
1,592
1,002
281
1,975
61
96
1,696
1,074
306
2, 125
69
106
1,698
1,075
304
1,981
79
115
1, 605
1,003
299
2,169
81
108
4,914
4,983
4 871
4,809
4,922
5, 043
5, 089
5,111
5, 126
5,105
5,165
5,240
5.322
310
27
135
83
326
29
137
92
336
31
139
94
337
33
140
90
326
29
136
98
343
31
151
91
348
34
146
95
349
32
153
91
351
33
149
96
Apparel group 9
Men's and boys' wear stores
Women's app&rel accessory stores
Shoe stores
Drug and proprietary stores
Eating and drinking places
Furniture homefurnishings stores
Estimated sales (seas adj ) total9f. _ _-do._Apparel group 9
- do
Men's and bovs' wear stores
.
do
Women's apparel accessory stores
do
Shoe stores
do
324
33
141
82
341
33
147
90
316
31
132
87
298
29
125
84
Drug and proprietary stores
Eating and drinking places
Furniture homefurnishings stores
145
105
40
150
107
44
147
105
4^
146
107
46
144
105
44
147
106
42
152
111
41
148
110
47
157
112
46
147
112
46
157
115
45
156
127
46
161
126
46
1 604
995
295
1,992
64
92
1,646
1,035
294
2,007
63
88
1 605
1,000
007
1,970
63
89
1,523
932
298
1,993
64
91
1,600
993
296
2,015
63
92
1 674
1,050
305
2,017
61
99
1,698
1, 057
318
2.041
63
99
,.T«
1,090
318
2,018
67
98
1, 721
1,075
319
2, 055
62
96
1,718
1,049
329
2,030
61
96
1 768
1 110
320
1 999
64
99
1 759
1,087
324
2,066
67
100
1 791
1,124
329
2 095
67
96
14,299 115,484
6,241
6, 626
8, 058
8, 858
7,441
7, 826
6,858
7, 658
13, 781
6,457
7,324
7, 157
6,624
14,016
6, 559
7,457
7,264
6,752
13,990
6, 532
7, 458
7,178
6,812
14, 269
6, 588
7, 681
7,381
6,888
14, 361
6, 456
7, 905
7, 381
6,980
15,484
6, 626
8, 858
7,826
7,658
14 628
6, 259
8, 369
7,409
7,219
14, 123
6,083
8,040
7,126
6,997
14, 335
6,131
8,204
7,221
7,114
14,638
6,218
8,420
7,431
7,207
15,197
6,491
8,706
7,718
7,479
15, 140
6, 647
8, 493
7, 594
7, 546
15 500
6. 785
8, 715
7 611
7,889
48
17
49
17
49
17
50
17
48
17
50
18
50
17
49
18
49
17
48
16
50
18
48
18
48
17
51
18
50
17
43
40
17
43
39
18
43
39
18
44
39
17
42
40
18
41
41
18
43
39
18
45
38
17
43
37
20
42
39
19
43
39
18
42
40
18
43
40
17
44
38
18
45
37
18
190. 61
190 81
191 01
191 23
191. 44
191 64
191 85
192 07
do
- do
do
General merchandise group 9
Dept stores excl mail order sales
Varietvstores
Grocer v stores
Lumber vards bldg materials dealers c?1
Tire battery accessory dealers
do
do
do __
do
do
do
All rotail stores, accounts receivable, end of mo.:
Total
mil $
Durable goods stores
do
Nondurable goods stores
__
do
Chnrere accounts
do
Installment accounts
do
Department stores:
Ratio of collections to accounts receivable:
Charge accounts
percent
Installment accounts
__
do
Sales by type of payment:
Cash sales
percent of total salesCharge account sales
_ do
Installment sales
do
T
r
r
r
r
EMPLOYMENT AND POPULATION
POPULATION
Population, U.S. (incl. Alaska and Hawaii):
Total, incl. armed forces overseas©
mil. » 186.66
EMPLOYMENT
Noninstitutional population, est. number 14 years
of age and over, total, unadj. . __
mil.
2
189. 38
189. 38
189. 62
189. 89
190. 14
190 39
199 31
130. 08
132. 12
132. 20
132.34
132. 50
132. 68
132. 85
133. 02
133 20
133. 36
133 52
133. 68
133 87
134 04
134 22
134 40
74, 681
71,854
67, 846
5,190
62, 657
75, 712
72, 975
68, 809
4,946
63, 863
77, 917
75, 173
70, 851
5,969
64, 882
77,167
74, 418
70, 561
5,496
65, 065
75,811
73, 062
69, 546
5,326
64, 220
76, 086
73, 344
69, 891
5, 350
64, 541
76, 000
73, 261
69 325
4,777
64, 548
75, 201
72, 461
68,615
4,039
64, 576
74, 514
71, 793
67 228
3 993
63, 234
75, 259
72, 527
68 002
3 931
64, 071
75, 553
72 810
68 517
4 017
64 500
76, 544
73, 799
69 877
4 429
65, 448
77, 490
74 742
71 101
5 007
66, 094
79,
76
71
5
66
389
645
953
853
100
78. 958
76 218
72 405
s' 819
66 586
78, 509
75 758
72 104
5 400
66 704
4,007
Unemployed (all civilian workers) _ _ _ do_ _ _
1,119
Long-term (15 weeks and over)
do
Percent of civilian labor force
5.6
Not in labor force
thous.. 55, 400
4,166
1,088
5.7
56, 412
4,322
933
5.7
54, 279
3,857
949
5.2
55, 178
3,516
886
4.8
56, 686
3,453
919
4.7
56, 596
3,936
864
5.4
56, 852
3,846
928
5.3
57, 824
4, 565
1,106
6 4
58, 685
4 524
1,163
6 2
58, 099
4 293
1,322
5 9
57, 965
3, 921
1, 237
5 3
57, 135
3 640
1,084
4 9
56, 376
4 692
1,007
6 1
54, 652
3 813
857
5 0
55, 258
3 664
790
4 8
55,891
Civilian labor force, seasonally adjt
do
73, 207 72 988
Emploved, total
do
69, 101 68, 941
Agricultural employment
do
5 009
4 872
Nonagricultural employment
do
64, 092 64, 069
Unemployed (all civilian workers)
do
4,106
4,047
Long-term (15 weeks and over)
do
1,042
1 083
Rates (percent of those in group) :
All civilian workers.- ..
5.6
5.5
Experienced wage and salary workers
5.5
5.5
5.4
5.4
-•Revised.
» End of year.
2 As of July 1.
§ See note marked "f" on p.
9 Includes data not shown separately.
* New series; see corresponding note on p.
cf Comprises lumber yards, building materials dealers, and paint, plumbing, and
trical stores.
fSee note marked " J" on p. S-ll.
73 091
69. 044
4 877
64 167
4, 047
1 078
73 168
69 067
4 939
64 128
4,101
1 114
73 572
69 222
4 903
64 319
4, 350
1 060
73 224
69 205
4 890
64 315
4,019
1 022
73 667
69 567
4 936
64 631
4,100
1 105
73 835
69 832
4 797
65 035
4,003
1 007
73 760
69 807
4 600
65 207
3,953
1 047
74 583
70 559
4 748
65 811
4,024
927
74 595
70 754
4 865
65 889
3,841
934
74 340
70 387
4 838
65 549
3,953
1 070
74 °30
70 591
4 ££5
65 706
3,639
958
74 315
70^488
4 810
65 678
3,827
902
Total labor force, incl. armed forces
Civilian labor force, total
Employed, total
Agricultural employment
Nonagricultural employment
thous__
do _.
do
do
do _
5. 5
5.4
S-ll.
S-ll.
elec-
4 9
5.6
5.5
5.9
5 6
5 4
5 4
5.4
51
5 3
51
5.5
5.3
5.7
5.3
5.2
5.1
5.0
5'. 3
4.8
4.8
4.9
©Revisions for May 1960-Nov. 1962 are available upon request.
t Revised monthly data (back to Apr. 1948) appear in the "Monthly Report on the
Labor Force," Jan. 1964, U.S. Dept. of Labor, Wash., D.C., 20210.
SURVEY OF CUE-BENT BUSINESS
1962
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
S-13
1964
1963
Monthly
average
Sept. Oct.
Aug.
July
Nov.
Dec.
June
Mar.
Apr.
May
57, 045
57, 388
57, 945
58, 500
17, 106
9, 801
7, 305
17,186 '17.404 ' 17, 353 17, 527
9, 844 rr 9 951 ' 9 907 9 871
7 342
7 45j ' 7, 446 7, 656
Feb.
Jan.
July
Aug."
EMPLOYMENT AND POPULATION— Continued
EMPLOYMENT— Continued
Employees on payrolls (nonagricultural estab.):f
Total, unadjustedt
thous.. 55 841
Mpnufac turinor establishments
Durable <Toods Industries
Nondurable poods Industries
57 174
57, 422
_ _ _ .do .. 16 859
_ _ do .
9,493
... ..do ._. 7 367
17 035
9 659
7 376
17, 050
9 666
7 3S4
652
83
152
299
634
^i
139
2(H
641
84
1 L6
302
646
S5
135
2 909
3 903
"97
2"1
3,024
3>(<?3
"74
273
880
200
H9S
210
,20
212
nSS
t)SS
012
<>26
«f,5
i l S32
Mlnlne, total 9
Metal mmintr
._
.
< oil nilnin?
_
\ r u d e netroleum nnd natural pas
do.
do
do
, do
C o n t r a c t construction
.
do
Trmsportatlon rmd public utilities
do _
RiMroad frmsportation _
do
T o< i! md In'erurMn nasseneer ti msU do
f
A l t «or 'rc^ht r m-- ind storage
\lr tr m< port itlon
P* I c p h o n i eomr limitation
Fleehle, eis, and m i t a r v service 1 \\ br^ silo m 1 n t il mdo
.
~n ' l o l t s i l t -rid;
RYt ul trade
Fin mee f i s n T i n c * md roil . s| itf
Corners m l ml n Hint 01 1<?
Oo< 'rriTMenr
1 iti' MMsoinlU i'']u-tod +
M'muf u t i i ' U i " - < -4 i V d s h r n c r f s
P u r i h l o «'ood- I n d u s t r i e ^
* > r d n ' t n < e m l if e< sso r lt s
j ijTTjh, r }n,l i' ood product("urnUun tn<' f i \ f u ? f s
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' M m in m t i l i n d ' i ttl«"
do
do
do
lo_
.
.
till
11 58.
lo_
lo
lo lo
do
do
3 v)6!
*, 521
2 79S
" 919
9 1^
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16859
9 493
27!
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1 161
do
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do
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lo
d(;
FibMc t« d n t 1 ,.r > ! u^
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do
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tl
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122
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l'< trolc urn r e l m l n f in<l relnted ind
do
^h
101
9^
'5
96
Petroh urn refnine
do
3 T
31 1
307
UO
Hubbt r md misc plastic pioduc ts
do
3H
311
30^
3(i J
316
T ( a f h t r and l e a t h e r product
do
.
31^
"Re\is<d
v Prc limmarj
' Tot il md components n !) i^e< >n tin i < l j u s l t d d ita
t U w i n m n i , n i t h l h » ^< pt l « » h j ^ . R \ i \ , < l « i t « i for enif lo> rut r i i ti< ins, ( iimrms, and
hiboi t u r n o u t M T i u t idiustrnuits to M u 1902 b t i n h n i uk ^ UK n \isioi lOiH ts S(. l l ( s
back to M u 19")U dt}l\t f o r sodMHiallj adjusted d ita, all sent ^ bpgiimmp laii 1952, \\itl only
!
(
^K
\
1
} "1S
I1- \
16, 935
9, 666
7 269
*io
™ b tf
V'2
17, 139
9 765
7 374
17,051
9 731
7 317
292 i
''95
1
3 ! 7b
2 921
^ U 4 j l 131
'7'*
773
9
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17 i l u
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56, 909
58 585
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17 229
9, 789
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58, 220
17. 367
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5.8 '211
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1,171
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3, 144
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59, 212 '59,007
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r
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129
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'649
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r
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59, 247
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' 3 251 r 3 285
9 001 ' S 966
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n i , i o r r ( vi«-i )ns prior t( th it time Riv sions not sho\\n are ivulible m tlu 1963 edition of
1 T SIM ss M VTJSTK-^ in ] m BL s Bulk tin 1312 1, Tmployment md f n n m n b ,^t itistu s for
t i l l I uitul ^ t iUs, 1909 » 2 ,
i r > 4 PP , $3 ,)0, GPO, \\ ish , D C , 20402
*Tiidu(its data for m liistnes" not shown separately.'
SUEVEY OF CURRENT BUSINESS
S-14
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1963
Monthly
average
1963
Aug.
July
Sept.
1964
Oct.
Nov.
Dec.
Jan,
1
i
Feb.
'
Mar.
Apr.
May
2,293
2,304
2,302
1
i
June 1 July j Aug.
EMPLOYMENT AND POPULATION—Con tinned
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-
2,311
2 328
2,344
2 337
2 312
2 314
2.313
i 2 452
i 243
2,293
2,291
230
239
720
r
714
277.1
694
676
78.2
78.2
78.5
79.3
693
680
77.5
703
699
79. 5
79.5
73.8
74. 3
116.4
113.7
90.5
127.0
118.0
90.6
146 8
118 I
90 2
152 2
118 2
93 1
149 5
122 6
94 0
149 7
122 6
92 8
131 5
121.5
90.5
119 2
122 4
91 4
102.4
117.7
87.8
109. 2
119.4
86.9
40.4
40.4
40.5
40 3
2 9
41 0
41 0
3 0
40.7
40 7
31
41 3
41 3
3 2
40.7
40.6
3 0
41 4
41 9
3 2
40.8
40 5
31
41.6
41 5
33
39.8
40.1
2. 7
40.6
40.8
40 3
40.6
2.8
40.5
40 4
2 9
41 1
41 2
2 9
40.5
40.5
2.8
41 5
40.0
41 9
40.6
41.3
39 5
40. 8
38.6
39.4
39.8
41.1
40 0
2
246
714
244
239
714
240
240
239
240
' 2, 314
2,325
241
241
677
685
74.9
75.7
^689
p75. 4
P693
P75.1
P697
*>75. 7
114.1
120.4
85.9
127.1
122.0
89.4
139.7
123.6
92.5
r 149. 8
126.1
'96.2
157.0
' 124. 3
93.9
126.4
40.4
40.7
40.5
40,7
40.7
40.7
40.9
40.6
'40.6
'40.5
40.9
40.7
41.0
41.2
41.3
41.4
41. 5
41.4
41.7
41.4
'41.3
'41.4
41.6
41.6
241
246
249
695
76.1
INDEXES OF WEEKLY PAYROLLS!
Construction (construction workers) t 1957-59=100
Manufacturing (production workers)!
do__
Mining (production workers)!
do__ HOURS AND EARNINGS!
Average weekly jrross hours per production worker
on payrolls oi nonagric. estab., unadjusted:!
All manufacturing estab., unadj.!
hours..
Seasonally adjusted
- - - do
\verage overtime
do
Durable goods industries
_ do
Seasonally adjusted
do
Average overtime
do.
40.9
41.1
2.8
2.9
3.0
41.2
41.1
3.2
2.9
41.0
41.3
2. 8
2.8
2.9
3.0
3.2
3.0
3.3
2.9
3.1
3.1
3.4
40.3
39.6
40,7
40.7
41.1
40. 0
40.2
39. 7
40.7
40.8
41.4
40 5
40.4
39.9
40.7
41.6
41.6
40 9
40.2
40.5
40.5
42. 1
41.8
41 0
'40.5
'40. 8
'41.1
'42. 1
42.0
41.1
'39.8
' 40. 5
' 40. 8
42.1
41.7
41.3
39.7
41.0
42 0
42.1
42,0
3.2
3.4
0
6
6
9
6
4
41 3
40 8
41 6
41 8
40.7
3Q 3
41 2
40.8
41 6
42 1
40.4
38 7
40,8
39.7
41.3
41.5
40. 6
39.0
41 2
41 7
40.2
41 5
41 6
40.3
41 9
41 9
40.7
41 8
41.8
40. 6
41.5
41.8
40.4
41.9
42.5
40.8
40.9
41.8
40.0
41.2
42.3
40.2
41.2
42.4
40.2
41.5
42.5
40.3
41.8
42.7
40.4
'41.9
'42.9
40.5
41.7
'42.4
40.4
42.0
42.5
40.7
42.0
42.8
41.5
40.8
39.6
42.0
42 8
41 4
40.7
39.2
40.8
40 3
41 5
40.7
39.8
41.9
42 1
41.7
41.1
39.9
42.7
43 9
41.6
41.1
40.1
42.8
44 3
41.4
41.0
39.8
43.0
44.7
41.5
41.0
39.8
41.5
42.2
41.1
39.8
38. 4
41.5
42.2
41.0
40.5
39.5
41.4
41.7
40. 9
40,4
39.8
42.0
42.9
41.0
40.5
39.6
42.0
42, 9
40.9
40.7
39.4
42.5
'43.8
'41.2
41.0
39.7
'41.5
42.3
'41.0
40.7
'39.2
41.5
42.4
41.2
41.2
39.9
39.6
39.6
39.9
39 7
30
41.6
39 7
40.6
36.3
43.2
39.9
39 8
9 9
41 2
39 7
41 3
36.3
43,2
39.5
39.9
39.4
39.8
39.7
39 8
39.9
39.7
39.8
39.5
40.0
39.6
41.0
38.9
41.3
35.8
42.8
41.1
39.4
41.3
35.9
43. 0
38. 7
39.1
2. 5
40.3
36.9
40.0
33.9
42.1
39.4
39.9
40.9
38.6
40.6
36.1
42.7
40.0
39 6
2 8
41.4
40 2
40 7
36.8
43.1
39.9
39.6
2.7
39.8
39 5
2 8
41.4
38 8
40 4
36.3
42.9
39.6
39.5
2.7
40.2
35.3
40.9
36. 3
42. 5
40.1
37.8
40.7
36.4
42.4
40.3
39.5
40.7
36.1
42.5
40.9
39.3
41. 1
35.9
42.7
'41.0
39.7
41.3
'36.2
43.0
'41,1
'38.5
'40.8
36,3
'43.0
41.1
38.7
41.3
36.7
43.5
38. 3
41.5
41.6
41.2
41.0
37.6
38.3
41.5
41.7
41.4
40.8
37.5
38.2
41.6
42.4
41.6
40.5
38.0
38.5
41.4
41.6
40. 6
41.0
38.3
38.6
41.5
42.2
41.7
41.4
37.5
38.4
41.4
41.7
41.0
41.1
37.8
38.2
41.4
41.5
41,5
41.0
37.2
38.9
41.7
41.4
41.5
41.7
38.9
37.9
41.1
41.3
41.4
40.5
37.4
38.2
41.3
41.4
41.3
40.6
38.2
38.5
41.6
41.4
41.2
40.8
37.7
38.5
41.6
41.3
40.9
40.9
36.5
38.5
41.7
42.0
41.3
41.4
37.6
'38.4
41.7
42.1
41.2
41.6
'38.5
' 38. 3
41.4
'42.2
41.3
'40.8
'38.6
38.6
41.5
41.5
40.8
41.6
38.4
do
do
do
41.0
41.5
°36. 6
42 0
41.6
41.2
°38.8
42 1
41 2
40.8
42 1
41.6
39 2
42 1
42
41
39
42
41
41
37
42
3
2
8
2
41.6
42.1
39.7
42 3
41.2
42.3
39.3
41 9
41.4
42.1
38.2
42 3
41.1
42.0
36.6
42 4
41.5
41.6
37 6
42 1
42
42
38
42
0
0
7
1
42.3
'41.8
'40.2
'42.0
41.7
41.0
42 4
42 0
41.0
38 0
42 6
do
do
do
do
37.0
35.6
40.5
36.3
37.3
36. 0
41.3
36.5
38.5
37.0
43.2
37.4
38.8
37 2
43.5
37.5
38.3
36 6
42.9
37.2
38.9
37.3
43.6
37.7
36 4
35 1
40.0
35 7
35.3
34.3
36.7
35.5
34.1
32.8
36.6
34.1
35.9
35. 1
38.9
35.4
36.5
35. 9
39.1
36.0
37.1
36 0
40.5
36 4
37.9
36 5
42. 1
37 1
38.2
36.6
42.4
'37.3
38.1
36.5
42.7
37.2
do
do
do
do
42 6
41.5
39 9
41 0
38.7
40.6
37.9
42 2
41.6
40 0
41 2
38.6
40.6
37.8
42 6
41.7
40 3
41 2
39 2
40.8
38.5
4? 5
42.3
40 1
41 3
39 2
40.7
38.5
42 1
42.0
40 5
41 4
38 6
40.6
37.7
42 0
42.3
40 4
41 4
38.4
40.7
37.5
41 8
41.3
40 8
41 4
38 3
40.5
37.3
41.9
41.9
39 6
41 5
38.8
40.9
38.0
42.0
40. 5
39 3
41.5
38.1
40.2
37.1
41 5
41.0
39 6
41 0
38.2
40.3
37.2
40 9
41.2
39 5
41 0
38.2
40.5
37.1
41 9
41.5
39 3
41 0
38 2
40. 6
37.2
42 6
41.8
39 8
41 2
38 3
40 7
37.3
'43.0
'42.1
'40 0
' 41. 2
38.7
40.8
37.8
42.7
42.4
40 3
41 8
39.2
41,0
38.4
Services and miscellaneous:
Hotels tourist courts and motels
do
Laundries cleaning and dyeing plants d71 do
39 1
38.9
39 0
39 0
40 3
39 1
40 6
39 0
39 2
39 1
39 1
39 0
38 8
38 8
38 6
38.9
38.8
38.0
39 1
38.3
39.0
38.6
38 8
38 9
38 6
39 3
38.4
'39.0
39 4
38.6
Average weekly gross earnings per production
worker on payrolls of nonagric. estab.:!
All manufacturing establishments!
dollars.. 96.56
104. 70
Durable goods industries
do
116.31
Ordnance and accessories
do
79.20
Lumber and wood products ..
do
99. 38
108. 09
119. 60
81.80
99. 23
108. 09
117.74
82.42
98. 42
107. 01
119.31
84.45
100. 53
109. 45
121.01
86.50
100. 53
109. 71
121.13
85. 68
100.85
110.00
120. 36
82.97
102. 41
111.90
123. 26
83.20
99.90
109. 21
121.18
79.90
101.15
109. 88
119.29
81.97
101. 40
110. 29
119.39
82.18
102.06
111.51
119.99
84.19
102. 97 103. 48 '102.72
112.47 113.01 '111.92
120. 20 '121.50 '119.00
86.27 ' 87. 72 ' 87. 48
Ordnance and accessories
do_.
Lumber and wood products _ .
_do
Furniture and fixtures
do
Stone clay and srlass products
do_~
Primary metal industries
-- do
Blast furnaces steel and rolling mills do
41.1
39.8
40.7
40.9
40,2
39 0
41.1
40.1
40.9
41.3
41.0
40 0
40
40
40
41
41
40
Fabricated metal products
Machinery
_Electrical equipment and supplies
do
do
do
41.1
41.7
40,6
41.4
41.8
40.4
Transportation equipment 9
Motor vehicles and equipment
AJrcraftand parts
Instruments andrelated products
Miscellaneous mfg. industries. . .
do
do
do
do
do
42.0
42.7
41.8
40.9
39.7
Nondurable goods industries, unadj
Seasonally adjusted
Average overtime
Food and kindred products
Tobacco manufactures
Textile mill product^
Apparel and related products..
Paper and allied products..
do
do
do-do
do
do
do
io
40.9
38.6
40.6
36.2
42.5
do
do
do
do- -.
do
do
Printing, publishing, and allied ind
Chemicals and allied products
Petroleum refining and related ind
Petroleum refining
Rubber and misc. plastic products. .
Leather and leather products
Nonmanufacturing establishments:!
Mining 9
Metal mining
Coal mining
Contract construction
General building contractors
Heavy construction
Special trade contractors
Transportation and public utilities:
Local and suburban transportation
do
Motor freight transporatlon and storage-do
Electric gas and. sanitary services
Wholesale and retail trade §
Wholesale trade
Retail trade §
6
6
8
9
1
5
41
40
41
41
40
39
3
3
0
5
2.8
2.6
2.6
2.7
2.8
2.9
2.8
3.0
42.2
103. 07
112. 32
119.10
89.38
Furniture and
fixtures
Stone, clay, and glass products
Primary metal industries
_
79.37
do
98.57
do
do .. 119. 80
81.39
102. 42
124.64
81.19
104. 33
125. 77
83.20
104. 33
123. 02
84.03
104. 50
123. 73
84.03
105, 67
122. 41
83.43
103. 75
123. 42
85.06
101. 50
126.38
79. 59
99.50
125.77
82.21
101.75
126. 18
82.62
102. 00
127. 51
82.62
104. 83
128.54
81.81 ' 83. 43 ' 82. 82 85.68
106. 93 '107.36 107. 36 107. 36
129. 58 ' 130. 20 '129.27 131. 04
Fabricated metal products
Machinery _
Electrical equipment and supplies
do
do
do
108.05
116.20
99.38
107. 53
115. 51
98.89
108. 32
115 23
98.74
110. 20
117. 32
100.53
109.93
117.04
100. 28
109. 56
117.88
100. 60
111.04
120. 70
102. 41
108.79
118.71
100.40
109. 18
120. 56
100. 90
109. 59
121. 26
100.90
111.22
121.98
101.56
112. 02 '112.29 '111.34
122 98 '123.55 '121.69
101.81 102. 47 102. 21
122. 22 126. 42
Transportation equipment
do
Instruments and related products. .. do ... 99.80 101. 59
Miscellaneous mfg. industries
do
78.21 I 80.39
125. 58
100. 94
79.18
121.58
101.34
79.60
127.80
102. 75
80.60
131.52
102. 75
81.40
132. 68
102. 91
81.59
133.30
102. 91
82.39
127.41
99.90
79.87
126. 99 126. 68
101.66 101. 40
82. 16 ' 82.78
129.36
102.06
82.76
129.36
102. 56
81. 95
104. 81
113.01
97.44
r
Revised.
*> Preliminary.
° Average for 11 months.
1
Includes Post Office employees hired for the Christmas season; there were about 144,000
such employees in the United States in Dec. 1963.
2 Based on unadjusted data.
112. 56
121.55
102. 56
131. 75 '128.24 129. 48
103. 73 102. 97 104. 24
' 82. 58 ' 81. 14 82.59
!See corresponding note, bottom p. S-13.
9 Includes data for industries not shown
separately.
§ Except eating and drinking places.
cf Beginning Jan. 1964, data relate to nonsupervisory workers and are not comparable
with the production-worker levels for earlier periods.
SURVEY OF CURRENT BUSINESS
September 1964
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962 I 1963
Monthly
average
S-15
1964
1963
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug."
EMPLOYMENT AND POPULATION—Continued
HOURS AND EARNINGS— Continued
Average weekly gross earnings per production
worker on payrolls of nonagric. estab.t — Con.
All manufacturing estab.t— Continued
Nondurable goods industries
dollars
Food and kindred products
. __do
Tobacco manufactures.
...do ...
Textile mill products
do
Apparel and related products
_ .. do
85.54
91.62
71.41
68.21
61.18
87. 91
94.48
73.73
69.43
62.09
88.36
95.63
78.76
68.68
61.71
88.40
93.98
73.57
69.19
63.30
89.38
95.68
71.46
69.83
64.25
88.98
94.35
71.46
71.04
64. 25
89.10
95.94
73.13
72.28
63.01
90.17
96.59
74.88
72.69
63.54
87. 85
95.91
72.69
70.40
60.00
89.04
95.68
68.84
71.98
64.61
89.67
95.84
75.60
71.63
64.79
89.83
96.32
80.19
71.63
63.90
90.52
90.97
91.14
98.16 ' 97. 99 ' 97. 82
80.17
81.39 ' 78. 93
72.75
73.10 ' 71. 81
63.54 ' 63. 71 64.25
91.20
97.00
75.08
73.10
66.06
Paper and allied products _ _
_ _ d o 102. 00
Printing, publishing, and allied ind
do
107. 62
Chemicals and allied products
do
109. 98
Petroleum refining and related ind
do ._. 126. 88
Rubber and misc plastic products
do
100. 04
Leather and leather products _ ._ do
64.67
105. 90
110.30
112.88
131. 77
100. 78
66.00
106. 82
110. 02
113. 98
133. 98
100. 04
66.12
107. 32
111.27
113.02
130.21
100. 86
67.41
108.43
112. 71
114.13
134.20
102.67
67.13
108. 43
111.74
113.85
131.77
101.93
67. 66
107. 43
110. 78
113.85
132.39
102. 91
66.59
108. 36
113. 98
115. 09
132. 89
105. 08
69.63
106. 09
110. 67
113. 85
132. 16
101. 25
66.95
107. 10
111.93
113.99
132. 07
101.09
68.76
106. 85
113. 58
114. 40
131. 24
101. 59
68.24
107.53
113.58
114.40
130. 92
102. 25
66.43
108. 46 109. 65 110.51
113.96 113.28 112.99
115. 51 116.34 115.92
133. 14 133. 46 133.77
104. 74 105. 66 103.22
68.43 ' 70. 46 ' 70. 25
112.23
114. 26
116.62
131. 14
105. 66
69.89
110. 70
117. 45
113. 09
109. 20
114. 40
118.66
119. 95
111.99
112.06
116. 69
108. 19
112. 36
115.08
118.08
118. 18
113.32
117.04
121.06
123.48
113. 67
116.75
120. 60
121.68
113.05
113.99
119. 89
117. 94
113.10
116. 48
122. 51
125. 85
113. 79
115. 36
123. 09
124. 97
112:71
115.09
122. 51
121.09
112.94
113. 85
122. 64
115. 66
112. 78
115.37
122.30
121.45
111.57
117. 60
123. 90
125. 78
111.99
118 44
123.73
131.86
110.88
116. 76
121.77
120. 34
112. 67
..do
122. 47
_ _ d o _. 112. 50
do
122. 31
do
128. 50
127. 57
117.72
128.03
133. 59
130.90
120. 62
135. 22
136. 14
132. 70
122. 02
137. 03
137.25
132.90
121.88
136.85
137.64
134. 98
124.58
138, 65
139. 49
125. 58
116. 53
124. 00
131.38
124. 96
115. 93
118.17
133. 48
122. 08
111.52
118.95
129. 24
127. 09
118.29
123. 31
133.81
128. 48
120. 98
121. 99
135. 36
131.33
122. 76
127.98
137. 23
133. 03 133.70
123.37 123,34
133. 88 135. 26
139. 13 139.50
134. 87
123. 74
137. 92
140. 99
100. 11
113. 30
98.95
116. 85
101. 70
117.31
102. 40
121. 13
103. 09
118. 85
102. 36
121. 13
103. 28
119.71
102.26
121.42
102.30
120. 12
105.30
123. 37
102. 48
120.13
105. 04
122. 96
102. 41
117. 29
106. 08
123. 79
102. 24
120. 67
103. 36
124. 92
103. 32
116. 24
102. 18
124. 09
101.68
118.49
102. 56
123. 00
98.98
119. 89
102. 70
123. 00
103. 49
121.18
101.79
123. 00
105. 65
122. 47
104. 28
124. 42
106.64
122.93
' 104. 40
124.42
106. 75
123. 38
104. 78
126. 24
75.08
96.22
65.95
77.59
99.47
68.04
78.79
99.55
69.30
78.79
99.72
69.30
78.36
100.69
68.61
77.95
100. 94
68.25
77. 75
100. 85
68.26
77.60
101. 43
68.40
78.11
100. 10
68.26
78.69
100. 75
68.82
78.69
101. 66
68.64
79.07
102. 31
69.19
79.66
102. 97
69.75
80.50
102. 82
70.69
81.54
103. 32
71.81
71.80
93.46
74.97
96.28
74.77
96.65
74.40
96.66
75.14
96.72
74.97
96.79
75.35
96.86
76.13
97.67
76.70
91.36
77.08
92.14
76.09
91.55
75.92
91.63
76.26
75.89
76.30
92.04 ' 91. 99 92.10
46.14
50.57
47.58
51.87
47.96
52.00
48.31
51.48
48.22
52.00
48.09
51.87
47.72
51.99
47.86
52.13
47.72
53.58
47.70
54.00
47.97
54.81
48.89
55.63
49.02 ' 47. 62 48.07
56.59 ' 56. 16
55.58
2.39
2.31
2.56
2.48
2.46
2.37
2.63
2.54
2.45
2.37
2.63
2.54
2.43
2.35
2.61
2.52
2.47
2.38
2.65
2.55
2.47
2.38
2.65
2.55
2.49
2.40
2.67
2.57
2.51
2.42
2.69
2.58
2.51
2.43
2.69
2.60
2.51
2.42
2.68
2.59
2.51
2.43
2.69
2.60
2.52
2.44
2.70
2.61
2.53
2.44
2.71
2.61
2.53
2.44
2.71
'2.60
2.53
2.44
2.71
2.61
2 52
2.43
2.70
2.60
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
2.83
1.99
1.95
2.41
2.98
3.29
2.91
2.04
1.99
2.48
3.04
3.36
2.90
2.03
1.99
2.49
3.06
3.37
2.91
2.08
2.00
2.49
3.03
3.33
2.93
2.12
2.02
2.50
3.04
3.35
2.94
2.10
2.02
2.51
3.03
3.33
2.95
2.09
2.02
2.50
3.04
3.33
2.97
2.08
2.03
2.50
3.06
3.36
2.97
2.07
2.02
2.50
3.06
3.35
2.96
2.07
2.02
2.50
3.07
3,37
2.97
2.07
2.03
2.50
3.08
3.37
2.97
2.11
2.03
2.52
3.09
3.39
2.99
2.13
2.02
2.54
3.10
3.40
'3.00
2.15
2.03
2.55
'3.10
'3.39
'2.99
'2.16
2.03
2.55
'3.10
3.38
3.00
2.18
2.04
2.55
3.12
Fabricated metal products
Machinery
Electrical equipment and supplies
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
2.55
2.71
2.40
2.91
2.99
2.87
2.44
1.97
2.61
2.78
2.46
3.01
3.10
2.95
2.49
2.03
2.61
2.77
2.46
2.99
3.05
2.95
2.48
2.02
2.61
2.77
2.45
2.98
3.04
2.96
2.49
2.00
2.63
2.80
2.47
3.05
3.14
2.99
2.50
2.02
2.63
2.80
2.47
3.08
3.18
2.99
2.50
2.03
2.64
2.82
2.49
3.10
3.21
3.00
2.51
2.05
2.65
2.84
2.51
3.10
3.21
3.01
2.51
2.07
2.66
2.84
2.51
3.07
3.17
3.01
2.51
2.08
2.65
2.85
2.51
3.06
3.14
3.02
2.51
2.08
2.66
2.86
2.51
3.06
3.14
3.01
2.51
2.08
2.68
2.87
2.52
3.08
3.17
3.02
2.52
2.09
2.68
2.88
2.52
3.08
3.18
3.03
2.52
2.08
'2.68
2.88
2.53
3.10
3.20
'3.03
2.53
'2.08
'2.67
2.87
2.53
'3.09
'3.18
3.05
2.53
'2.07
2.68
2.86
2.52
3.12
3.26
3.06
2.53
2.07
_ do
..do
do
do _..
do
__do_ .
do
2.16
2.09
2.24
1.85
1.68
1.69
2.40
2.22
2.15
2.31
1.91
1.71
1.72
2.48
2.22
2.15
2.31
2.03
1.70
1.70
2.49
2.21
2.13
2.27
1.83
1.70
1.72
2.49
2.24
2.16
2.30
1.80
1.72
1.77
2.51
2.23
2.16
2.29
1.80
1.72
1.77
2.51
2.25
2.17
2.34
1.88
1.75
1.76
2.51
2.26
2.19
2.35
1.90
1.76
1.77
2.52
2.27
2.20
2.38
1.97
1.76
1.77
2.52
2.26
2.19
2.38
1.95
1.76
1.78
2.52
2.27
2.20
2.39
2.00
1.76
1.78
2.52
2.28
2.20
2.39
2.03
1.76
1.77
2.53
2.28
2.20
2.40
2.04
1.77
1.77
2.54
2.28
2.20
'2.39
2.05
1.77
1.76
2.55
2.29
2.21
2.38
2.05
1.76
1.77
2.57
2.28
2.20
2.36
1.94
1.77
1.80
2.58
do
do
do
do
do
do
2.81
2.65
3.05
3.19
2.44
1.72
2.88
2.72
3.16
3.32
2.47
1.76
2.88
2.74
3.16
3.34
2.47
1.74
2.89
2.73
3.13
3.31
2.46
1.76
2.92
2.75
3.18
3.35
2.48
1.79
2.91
2.75
3.16
3.33
2.48
1.79
2.90
2.75
3.19
3.36
2.51
1.79
2.93
2.76
3.21
3.37
2.52
1.79
2.92
2.77
3.20
3.35
2.50
1.79
2.93
2.76
3.19
3.34
2.49
1.80
2.95
2.75
3.17
3.33
2.49
1.81
2.95
2.75
3.17
3.33
2.50
1.82
2.96
2.77
3.17
3.34
2.53
1.82
2.95
2.79
3.17
3.35
2.54
1.83
2.95
2.80
'3.17
'3.35
'2.53
'1.82
2.96
2.81
3.16
3.34
2.54
1.82
do
do
do
do
do
do
do
do
2.70
2.83
"3.09
2.60
3.31
3.16
3.02
3.54
2.72
2.75
2.86
2.88
-3.12
2.66 "~2~Ql~
3.40
3.42
3.26
3.27
3.13
3.10
3.64
3.66
2.74
2.88
3.11
2.66
3.42
3.28
3.15
3.66
2.78
2.91
3.15
2.70
3.47
3.33
3.19
3.70
2.76
2.92
3.12
2.66
3.47
3.34
3.18
3.70
2.76
2.91
3.12
2.68
3.45
3.32
3.10
3.68
2.80
2.91
3.17
2.69
3.54
3.38
3.22
3.76
2.80
2.91
3.18
2.69
3.58
3.40
3.25
3.79
2.78
2.91
3.17
2.67
3.54
3.37
3.17
3.78
2.77
2.92
3.16
2.66
3.52
3.37
3.12
3.76
2.78
2.94
3.23
2.65
3.54
3.41
3.16
3.77
2.80
2.95
3.25
2.66
3.51
3.38
3.18
3.75
'2.80
'2.96
3.28
2.64
'3.50
'3.37
3.19
3.74
2.80
2.97
2.67
3.54
3.39
3.23
3.79
Transportation and public utilities:
Local and suburban transportation
do
Motor freight transportation and storage. do
Telephone communication
do
Electric, gas and sanitary services
do
2.35
2.73
2.48
2.85
2.42
2.85
2.54
2.94
2.43
2.83
2.55
2.94
2.43
2.86
2.60
2.98
2.44
2.84
2.60
2.97
2.45
2.84
2.60
2.99
2.44
2.88
2.61
3.01
2.46
2.87
2.60
2.99
2.45
2.89
2.59
3.00
2.42
2.91
2.60
3.00
2.47
2.92
2.59
3.00
2.48
2.93
2.62
3.02
2.48
2.92
2.61
3.02
2.50
2.91
2.60
3.02
2.03
2.01
2.01
1.94
2.01
Wholesale and retail trade§
do
2.44
2.48
2.45
2.37
2.45
Wholesale trade
do
1.82
1.80
1.80
1.74
1.80
Retail trade§
do
Services and miscellaneous:
1.19
1.23
1.19
1.22
1.18
Hotels, tourist courts, and motels
do
1.32
1.33
1.33
1.33
Laundries, cleaning and dyeing plants Ado
r Revised. * Preliminary. « Average for 11 mont bs. §E3 cepteating and d rinking f laces,
fSee corresponding note, bottom p. S-13. 9 Includes data for iIndustrie snotshown separ ately.
©Effective Jan. 1964, data exclude earnings of noiloffice salesmen a nd are n ot comp arable
with
figures.
Digitized
forearlier
FRASER
2.03
2.48
1.82
2.03
2.49
1.83
2.00
2.48
1.80
2.05
2.49
1.84
2.06
2.50
1.85
2.06
2.51
1.85
2.07
2.52
1.86
2.08
2.53
1.87
2.08
2.52
1.87
2.08
2.52
1.87
Nonmanufacturing establishments^
Mining 9
Metal mining
Coal mining
Crude petroleum and natural gas
Contract construction
General building contractors
Heavy construction
Special trade contractors __
do
do
do
do .
-
Transportation and public utilities:
Local and suburban transportation
do
Motor freight transportation and storage -do
Telephone communication
do
Electric, gas, and sanitary services
do
Wholesale and retail trade§
Wholesale trade
.. ..
Retail trade§
do _
__do
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 Ado —
Average hourly gross earnings per production
worker on payrolls of nonagric. estab.:t
All manufacturing establishmentst
dollars-Excluding overtimed1
do
Durable goods industries 1 _.
do
Excluding overtimed
do
Nondurable goods industries
_
Excluding overtimed1
Food and kindred products
Tobacco manufactures..
Textile mill products
Apparel and related products.
Paper and allied products
..
Printing, publishing, and allied ind
Chemicals and allied products
Petroleum refining and related ind
Petroleum refining
Rubber and misc. plastic products
Leather and leather products
_ _ .
Nonmanufacturing establishments^
Mining 9
M^etal mining
Coal mining
Crude petroleum and natural gas
Contract construction
General building contractors
Heavy construction
Special trade contractors
2.41
2.82
2.56
2.94
1.22
1.26
1.27 ' 1.24
1.22
1.23
1.24
1.23
1.23
1.44
1.44
1.44
1.41
1.42
1.43
1.34
1.34
1.41
o"E erived b y assuming that o vertime lours are paid at t he rate o f time an d one-ha' f. AEffectiv e Jan. 1<J64, data relate t(> nonsupervisory workers and are not com parable with the
prodt iction-wc>rke'r*ev(ils for eai lier perk)ds.
1.23
1.33
SURVEY OF CURRENT BUSINESS
S-16
1962
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
September 1964
1964
1963
Monthly
average
July
Aug.
Sept.
Oct.
Nov.
Jan.
Dec.
Feb.
Mar.
Apr.
May
June
July
3 187
3.202
4.680
3.233
4.728
3.282
4.769
Aug.
EMPLOYMENT AND POPULATION—Continued
HOURS AND EARNINGS— Continued
Miscellaneous wages:
Construction wages, 20 cities (ENR): §
2.946
Common labor
$ per hr
4.348
Skilled labor
do
i 1.01
Farm without board or rm , 1st of mo
do
2.740
Railroad wages (average class I)
do
12.31
Road-building, com labor (qtrly )
-,
do _
LABOR CONDITIONS
110
Help-wanted advertising, seas, adj t- -1957-59 =100.Labor turnover in manufacturing estab.: f
4.1
Accession rate total mo rate per 100 employees
Seasonally adjusted
do
2.5
NTew hires
do
4. 1
Reparation rate, totaL.
do
Seasonally adjusted
do
1.4
Quit
do
2.0
LavofT
do
Seasonally adjusted
do
Industrial disputes (strikes and lockouts) :
Beginning In month:
301
Work stoppages
number102
Workers involved
thous
In effect during month:
Work stoppages
number
Workers involved
thous
1, 550
Man-davs idle during month
do
EMPLOYMENT SERVICE AND UNEMPLOYMENT INSURANCE
560
Nonfarm placements
thous
Unemployment insurance programs:
a 1, 924
Insured unemployment all programs
do
State programs:
1,309
Initial claims __- ._ _
do_ _
1,783
Injured unemployment, weekly avg do
Percent of covered employment:^
4.4
Unadjusted
Seasonally ad lusted©
1.525
Beneficiaries, weekly average
thous. _
223.0
Benefits paid
mil. $
Federal employees, Insured unemployment
29
thous..
Veterans' program (UCX):
28
Initial claims
_
do .
Insured unemployment, weekly avg_. do _ _
50
47
Beneficiaries, weekly average
do
6.6
Benefits paid .
mil. $
Railroad program:
17
\ppllcations
thous
62
Insured unemployment, weekly a v g _ _ - d o _ „_
11.1
Benefits paid
mil. $
3.082
4.525
1, 05
2.823
12.38
3 102
4.540
1.09
2.750
2. 44
1
3 134
4 591
3 134
4 602
3 134
4 602
3 139
4 611
2 755
2 782
2 748
2 45
2 785
2 785
99
3 169
4 640
3 154
4 636
1 14
2 765
2 27
3 169
4.658
4.644
1.14
2.764
2 803
2.765
2.37
109
109
105
107
111
112
118
116
117
118
120
118
121
124
4 3
4 0
4 8
3 7
3 9
3 9
9 9
3 6
4.1
3 7
15
18
17
3.8
3 7
11
2 1
18
2.0
4.0
4 0
1.2
2.0
18
3 4
4 0
2.0
3.3
3.8
1.1
1.5
1.7
3 7
4 0
4 2
9 5
3 9
1.4
3.7
3 7
8
2 3
18
3 6
3 7
4.1
4.0
4 8
3 9
3. 1
4.9
3 9
3.5
3 8
1.2
1.6
1 7
3 8
4 0
2.4
3.5
3.9
1.3
1.4
1 6
3.9
3.8
2.5
3.6
4.0
1.5
1.4
1.7
'5.1
'4. 1
'3 6
-3.5
'3.9
1.4
'1.3
r
1.6
M.2
"3. 9
"2.9
P 4. 1
M. 0
P 1.5
P 1. 8
* 1.8
2.7
1.4
1.8
280
78
1,340
548
3.2
2.1
1.9
372
94
312
67
287
81
346
96
223
80
132
27
210
60
225
80
220
65
300
122
410
176
360
134
420
133
606
183
545
167
1, 350
500
155
985
574
153
1,810
1,420
467
152
1,410
336
82
977
370
100
1,010
375
125
1,130
360
100
800
450
163
1,100
570
218
2,180
585
227
1,930
660
194
1,710
2.4
1.8
2 0
572
611
664
21,531
2 1 372
1/285
1,806
1,351
1,493
1,086
1,419
1,261
4.3
1, 541
231.2
36
4 1
1,238
195 6
4 2
1. 220
186.8
31
30
29
55
52
7.6
13
47
8.3
2
1.8
1.4
2.0
1.9
1 606
1, 939
2.6
1.9
662
478
414
541
572
572
432
22 113
!, 157
1 333
1,200
1 , 542
1 . <sfi5
1,972
2,395
2,243
1,136
2, 050
1,086
1,755
908
1,447
976
1,297
1,238
1,343
3 0
4 0
1,107
163. 1
3 1
4 1
1,070
172 0
3 6
4 1
1,127
165 0
4 7
4 3
1,524
233. 0
5 7
4 3
1,997
319.3
5.3
4 0
2. 015
3 8
1,678
283.8
4.9
3 8
1,887
292. 6
258.0
3.4
3 6
1,347
201.5
3.1
3 6
1,142
183. 1
31
3 6
1,108
180 5
29
28
29
32
34
39
40
38
32
27
25
26
31
44
38
5.9
29
45
42
6.2
28
42
40
5 7
31
43
38
5 9
29
48
39
5.4
39
60
52
7.6
39
73
67
10.2
29
72
71
9.6
28
67
59
8.9
27
57
64
9.7
20
46
48
7.0
25
42
42
6.6
32
44
38
6.2
46
39
5.9
15
37
6.9
15
41
6.4
12
41
11
45
6 7
12
47
7
51
8.8
5
45
8.5
13
42
7.4
5
32
5.2
16
27
4.9
32
8 6
13
53
9.9
2.890
6,747
2,938
7,765
3, 056
8,119
3,102
7, 737
2 038
5, 699
3,102
7,920
2,039
3,049
3,149
3,137
8, 326
1,973
6, 353
8,036
8,879
2, 042
5, 723
1 948
2, 006
6,088
6,873
957
3.4
1 445
7 5
2
443
2
2 559
1.848
2
2 408
1, 181
2
2, 200
3
1, 886
2
1,552
r2
l,390
123
549
493
1 667
J
3.295
4.787
1.13
39
2.4
3.9
2
3 130
4 585
2
1,445
FINANCE
BANKING
Open market paper outstanding, end of mo.:
Bankers' acceptances
mil. $.. 3 2, 650 8 2, 890
3 6, 000 8 6, 747
Commercial and finance co. paper, total
do
Placed through dealers __ _
..do. .. 33 2, 088 8 1, 928
3, 912 » 4, 819
Placed directly (finance paper)
do
Agricultural loans and discounts outstanding of
agencies supervised by the Farm Credit Adm.: 3
5, 753 * 6, 403
Total end of mo
mil $
Farm mortgage loans:
3 3, 052 3 3, 310
Federal land banks
.do
3
735
8840
Loans to cooperatives
do
3
1,966 8 2, 253
Other loans and discounts..
do
Bank debits:
Unadjusted:
286.4
312.9
Total (344 centers)bil. $
118.0
New York City
do
129.7
58. 5
64.6
6 other leading centers!. -.-,..
-.-do
Seasonally adjusted:
Totnl (344 centers)
do
New York City
do
6 other leading centers!
do
337 other centers
do
Federal Reserve banks, condition, end of mo.:
3
Assets, total 9
mil. $.. 56, 020 3 58,028
Reserve bank credit outstanding, total 9 -do
Discounts and advances
do.
U.S. Government securities
do
Gold certificate reserves
. . .
do
Liabilities, total 9
_
Deposits, total 9
Member-bank reserve balances
Federal Reserve notes in circulation
3
3
3
2,712
7, 522
2,059
5,463
2,644 i
2, 709
7, 161
2 098
5, 063
2,733
2,744
7, 808
2, 062
5, 746
7, 869
2 230
5, 639
8,170
2,172
5,998
1 928
4, 819
6 408
6 428
6 43n
6 418
6 366
6 403
6 460
6 542
6 627
6 727
6 813
6 940
7 048
3,240
3,280
3,406
3,445
706
849
815
2,290
866
2, 261
2,330
2,405
2,496
3, 481
747
2,436
3, 310
840
2. 253
3,364
2,482
3,291
858
2 217
3,333
2,479
3. 259
735
3 516
757
2 667
3 551
782
2 715
320.7
300 1
119.5
61.9
310 4
130. 3
63.1
337 2
136, 9
71.3
296 6
116.7
63.8
357 1
151.0
74.6
360 8
153. 9
73.5
294.9
121. 1
60.5
342 9
145. 8
71.1
349 9
148.2
72.8
399 6
135.3
68.6
r
129.9
66.8
353 7
368 6
160.1
72.9
323 8
132.7
65.8
320. 1
130 3
66.9
122.8
310
127
63
119
329
140
67
122
326.
133
69
123
312
195
67
120
333
139
69
123
340
143
69
126
316
129
65
121
331
138
68
125
350
146
72
131
327
135
67
125
T 334
140
67
T 125
359 6
342 9
f)
IA£ 9
71 4
131 1
128 9
2
8
3
2
7
1
0
6
848
7
7
4
6
7
4
3
0
0
6
7
7
0
7
6
6
1
4
5
1
6
1
4
1
786
2
0
4
8
2,585
8
1
7
0
151. 2
70.9
2
2
5
Q
1 KJ
f*Q
Q
55, 594
55, 042
55,615
56, 336
57, 848
58, 028
56, 389
56, 928
56. 629
57, 101
57, 158
57, 742
57, 882
57, 967
33,902 336,418
3
33,946
34, 587
332
32, 758
15, 291
15,309
15,231
15,185
130
33. 770
15, 190
116
33, 169
15, 195
36, 066
296
34, 229
15 176
36, 589
79
34, 794
15 185
36, 797
239
35, 051
15 188
36, 941
1 ^5
15,310
35, 274
570
33, 169
35,115
868
33, 667
15, 294
34. 643
364
32. 752
15,346
36. 418
63
33, 593
15, 237
35,314
32,391
34, 302
138
32, 563
35,919
30, 820 8 33,593
15,696 3 15,237
34, 134
389
56,389
56 928
56 629
57 101
57 158
57 742
57 889
57 967
18 532
17, 146
18 258
37 060
32, 088
17 913
16 629
32, 177
18 232
16 890
32 411
18 250
16 973
32 835
18 445
17 327
33 109
33 330
38
863
338
32, 468
3
56, 020 8 58,028
55, 594
55, 042
55 615
56, 336
57, 848
58, 028
do
. do
do..
3
18, 722 3 18,391
17, 454 3 17,049
30, 643 832,877
18,044
16,971
17, 860 18, 093
16, 78° 16, 772
31, 178 i 31,265
18, 187
16, 922
31,472
18, 200
16, 952
32, 290
32, 877
30, 959
Ratio of gold certificate reserves to deposit and
FR note liabilities combined..
percent.. 3 31. 8 . 829.7
31.3
31.2
31.0
T
Revised.
P Preliminary.
i Quarterly average.
2
Excludes persons under extended duration provisions (thous.): 1963—July, 45; Aug., 38;
Sept., 36; Oct., 31; Nov.,
20; Dec.. 9; 1964—Jan., 3; Feb., 2; Alar., 1; Apr., 32; May, 54; June, 58
3
(revised); July, 46.
End of year.
t Revised back to 1951 to incorporate adjustments as follows: Enlargement of sample;
updated seasonal factors; new weights for component indexes based on labor force in cities
5, 881
3,218
711
do
3
2,079
6,040
18, 391
18 1°0
17,049
16.983
31,988
31,899
35,164
15 19°
18 365
]-' Q^
30.3
30.8 i
29.7
30.2
30.4
30.1
30.3
30.0
29.7
29.4
29.5
covered; and shift of index base to 1957-59 = 100. Monthly data (1948-62) appear on p 24 of
the Mar. 1964 SURVEY.
® Revisions back to 1959 are available.
fSee corresponding note, bottom p. S-13.
§Wages as of Sept. 1, 1964: Common labor,
$3.295; skilled labor, $4.807.
d" Insured unemployment as % of average covered employment in a 12-month period.
^Includes Boston, Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles.
9 Includes data not shown separately.
September 1964
SURVEY OF CURRENT BUSINESS
1962
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
End of year
S-17
1963
Aug.
July
Sept.
1964
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
20, 558 '20, 663
20, 170 '20, 266
388
'397
270
265
118
'132
July
Aug.
FINANCE—Continued
BANKING— Continued
All member banks of Federal Reserve System,
averages of dally figures:
Reserves held, total
_
mil. $__ 120,040
119,468
Required
_.
do
1572
Excess
_ __
do
1304
Borrowings from Federal Reserve banks.. -do
1268
Free reserves
--- do
Weekly reporting member banks of Fed. Res. System,
condition, Wed. nearest end of yr. or mo.:
Deposits:
Demand adjusted^
mil. $ 65, 843
102, 109
Demand total 9
do
71, 531
Individuals, partnerships, and corp
do
5,125
States and politl calsubdl visions do
4,749
U S Government
do
14, 321
Domestic commercial banks
do..
50, 386
Time total 9
do
Individuals .partnerships, and corp.:
34,
920
Savin gs
do
9,221
Othertlme
--do
82, 947
Loans (adjusted) totalc?
do
35, 351
Commercial and Industrial
do
5,928
For purchasing or carrying securities
do
7,365
To nonbank financial Institutions
do
15,519
Real estate loans
-do
22, 812
Other loans
do
48, 147
Investments, total
do
32, 369
U S Government obligations, total
do__
24, 514
Notes and bonds
do
15, 778
Other securities
do
120,746
1
20, 210
1536
1327
1209
20, 020
19, 537
483
322
161
19, 719
19, 256
463
330
133
19, 945
19, 533
412
321
91
20, 003
19, 596
407
313
94
20, 114
19, 705
409
376
33
20, 746
20, 210
536
327
209
20, 675
20, 248
427
256
171
20, 148
19, 753
395
304
91
20,213
19,856
357
259
98
20, 273
19, 898
375
213
162
20, 219
19, 886
333
255
78
67, 844
104, 335
74, 513
5,338
4,556
13,320
59, 227
63, 281 61, 528
92, 818 88, 012
66, 795 64, 024
4,968 4,715
4,920 3,759
10, 874 10, 710
55, 581 56, 326
61, 885
95, 237
66, 320
4,902
6,229
12, 270
56, 711
63, 809
90, 875
67, 322
4,762
2,304
11, 452
57, 553
63, 950 67, 844
93, 771 104,335
69, 001 74, 513
5,060
5,338
2,714
4,556
11,569 13, 320
57,951 59, 227
64, 940
90, 224
67, 605
4,926
1,545
10, 739
60, 276
62, 565
90, 575
65, 460
5,188
3,755
10, 810
60, 930
62, 532
95,811
66, 659
5,349
5,130
12, 192
61, 446
63, 959
91, 232
66, 813
5,529
2,948
10, 464
62, 223
61, 472 '62,664
91, 474 98, 717
64, 312 67, 206
5,300
5,405
4,997
7,286
11,218 11, 784
63, 100 63, 112
63, 674
90, 754
66, 397
4,897
3,604
10,441
63, 921
62, 603
93, 036
65, 980
5,012
4,487
12, 010
64, 461
37. 534 37, 699
12, 639 12, 796
86, 598 88, 578
36, 296 37, 254
5,407 5,852
7,243 7,226
17, 651 17, 846
24. 097 24, 874
47, 156 46, 720
27, 990 27, 926
23, 150 23, 328
19, 166 18, 794
38, 083
13,310
92, 901
38, 793
6,621
8,595
17, 880
23, 809
48, 404
29, 018
23, 127
19, 386
38, 131
14, 057
89, 122
37, 195
5,929
7,339
17, 991
24, 606
46, 746
27, 759
22, 362
18, 987
38, 291
14, 390
89, 875
37, 590
5,695
7,511
18, 161
24, 664
46, 972
27, 591
23, 260
19, 381
38, 704
14,418
92, 002
38, 308
6,033
8,179
18, 366
25, 939
46,371
26, 870
22, 680
19, 501
38, 437
14, 950
92, 208
38, 057
5,952
7,881
18, 520
26, 029
46, 472
26, 713
22, 752
19, 759
38. 726 39, 053 39, 168
15, 468 15, 360 ] 5, 943
93, 658 96, 022 94, 568
38, 243 38, 785 '38,498
6,598 ' 6, 903 6,384
8,013
8,064
8,887
18, 706 18, 936 19,120
26, 010 26, 975 '27,125
46, 133 '46,698 45, 764
26, 567 26, 621 25, 701
22, 588 22, 420 22, 104
19, 566 '20,077 20, 063
39, 474
16, 015
95, 830
39, 111
6,334
8.323
19, 322
27, 183
46, 773
26, 218
22, 196
20, 555
244.2
148.4
61.4
34.4
246.5
149.4
62.1
35.0
246.7
151.0
60.8
34.9
248.4
151.8
61.2
35.4
251.4
153.9
62.1
35.4
251.8
155.4
60.8
35.6
38, 083
13,310
92, 901
38, 793
6,621
8,595
17, 880
23, 809
48, 404
29, 018
23, 127
19, 386
36, 741
11, 691
84, 384
36,014
5,328
7,624
17, 030
23, 283
47, 601
29, 099
23, 894
18,502
36, 896
12, 181
84, 502
35. 204
5,044
7,447
17, 269
23, 496
46, 624
27, 683
23, 724
18,941
37, 342
12, 013
87, 366
36, 145
6,229
7,731
17, 455
23, 647
47, 618
28, 367
23. 400
19, 251
228.3
133.9
65.2
29.2
246.5
149.4
62.1
35.0
238.0
142.6
62.6
32.8
239.2
143.6
62.0
33.6
241.5
145.4
62.2
33.9
Money and interest rates: §
Bank rates on short-term business loans:
In 19 cities
percent. . 225.00
4 78
New York City
do
25.01
7 other northern and eastern cities
_do
25.32
25.01
2 4 79
25.01
25.30
Commercial bank credit (last Wed. of mo., except
for June 30 and Dec. 31 call dates) , seas. adjusted :J
Totfll loans and InvestmentsO
bll. $
Loans ©
do
U S Government securities
do
Other securities
do
Discount rate, end of year or month (N.Y.F.R.
Bank)
.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 new issue)
percent. .
3_5 year Issues
do
Savings deposits, balance to credit of depositors:
N. Y. State savings banks, end of yr .or mo..mil. $_.
U S postal savings 1
do
241.2
146.1
60.8
34.3
5.00
4.76
5.04
5.29
5.01
4.81
5.01
5.30
253. 5
157.3
60.3
35.9
4.99
4 77
5.02
5.29
255.1
158.9
59.9
36.3
20, 560
20, 149
411
334
77
254.2
159.5
58.3
36.4
258.4
161.3
60.0
37.1
3.50
4.99
4.74
5.03
5.29
3.50
34.26
35.50
3.50
4.16
5.50
3.50
4.28
5.50
3.50
4.44
5.50
3.50
4.50
5.50
3.50
4.51
5.50
3.50
4.53
5.50
3.50
4.54
5.50
3.50
4.62
5.50
3.50
4.63
5.50
3.50
4.70
5.50
3.50
4.73
5.50
3.50
4.74
5.50
3.50
4.74
5.50
35.84
35.98
5.82
5.93
5.82
5.93
5.81
5.94
5.82
5.93
5.82
5.97
5.80
5.98
5.83
5.98
5.81
5.95
5.79
5.94
5.79
5.92
5.77
5.92
5.76
5.89
5.76
5.93
33.36
33.55
33.40
34.50
3.41
3.49
3.35
4.50
3.59
3.72
3.57
4.50
3.63
3.88
3.63
4.50
3.63
3.88
3.72
4.50
3.71
3.88
3.75
4.50
3.63
3.96
3.84
4.50
3.70
3.97
3.82
4.50
3.75
3.88
3.76
4.50
3.75
4.00
3.83
4.50
3.80
3.91
3.80
4.50
3.75
3.89
3.76
4.50
3.75
4.00
3.88
4.50
3.75
3.96
3.81
4.50
3.75
3.88
3.76
4.50
2. 778 33. 157
33.57 33.72
3.143
3.78
3.320
3.81
3.379
3.88
3.453
3.91
3.522
3.97
3.523
4.04
3.529
4.06
3.532
4.02
3.553
4.15
3.484
4.18
3.482
4.07
3.478
4.03
3.479
3.99
3.506
3.99
23,917
539
25, 693
452
24, 777
478
24, 862
472
25, 154
466
25, 236
461
25, 368
456
25, 693
452
25, 940
447
26, 089
436
26, 411
430
26, 421
425
26, 585
421
26, 900
415
27, 051
411
27, 272
407
63, 164
48, 034
19, 540
12, 605
3,246
12, 643
69, 890
53, 745
22, 199
13, 766
3,389
14, 391
65, 491
50, 894
21, 593
12, 459
3,316
13, 526
66, 308
51, 526
21, 819
12, 607
3,357
13, 743
66, 538
51, 718
21, 725
12, 702
3,377
13, 914
67, 088
52, 257
21, 971
12, 845
3,400
14, 041
67, 746
52, 695
22, 107
13,046
3,407
14, 135
69, 890
53, 745
22, 199
13, 766
3,389
14, 391
69, 203
53, 597
22, 189
13,638
3,354
14,416
68, 786
53, 552
22, 271
13, 467
3,335
14,479
68, 913
53, 795
22, 471
13, 451
3,321
14, 552
69, 816
54,382
22, 830
13,476
3,328
14, 748
70, 945 71,907
55, 120 55, 914
23, 255 23, 702
13, 599 13, 730
3,395
3,364
14, 902 15, 087
72, 456
56, 496
24, 024
13, 813
3,426
15, 233
3.00
34.05
3
5. 56
33.01
33.26
33.07
34.50
3
CONSUMER CREDIT?
(Short- and Intermediate- term)
Total outstanding, end of year or month
Installment credit total
Automobile paper..
_
Other consumer goods paper.
Repair and modernization loans. _
..mil. $..
do
.do
__do
do
By type of holder:
41, 782 46, 992 44, 878 45, 375 45, 687
Financial institutions, total
___do
19, 005 21, 610 20, 874 21, 101 21, 145
Commercial banks
do
12, 194 13, 523 12, 807 12, 906 13, 073
Sales finance companies..
do
5,622 5,330
5,412
5,458
4,902
Credit unions
do
4,590 4,276 4,329 4,381
4,131
Consumer finance companies
do
1,647
1,630
1,550
1,591 1,627
Other
do
6,753 6,016
6,151
6,031
Retail outlets, total
do.__. 6,252
2,999 3, 107 3,025
3,013 3,427
Department stores.
. do
1,086
1,004
994
1,009
1,073
Furniture stores
~_do
328
321
341
343
345
Automobile dealers
do
1,912
1,676
1,699
1,821
1,680
Other
do
15, 130 16, 145 14, 597 14, 782 14, 820
Non installment credit, total
.do
5,959
5,844
5,683 5,789
5,456
Single-payment loans total
do
4,874
5,047
4,879
4,927
4,690
Commercial banks
.do
912
910
917
766
809
Other financial institutions _ _
do
r
Revised.
1
2
8
Average for Dec.
Quarterly average.
M( mthly a^rerage.
d"For demand deposits, the term "adjusted" dec otes dernand de posits ot ler thaii domes tic commercial interbank and U.S. Government,less casli items iii process of collec;tlon;
for loans, exclusive of loans to domestic commercial I>anks ami after d eduction of valu atlon
reserves (individual loan items are shown gross: i.e., before d eduction ofvalua tion reser ves).
9 Includes data not shown separately.
tData have be en revi sed as f allows: (3ommercial bank credit (seas. adj. only), back to 1948; consumer credit—-unadj., back to 1962;
46,161 46, 462 46, 992 47, 300 47, 454 47, 653 48, 191 48, 824 49, 543 50, 082
21, 391 21, 486 21, 610 21,630 21, 799 21,919 22, 224 22, 559 22, 907 23, 176
13, 187 13, 302 13, 523 13, 840 13, 788 13, 802 13, 893 14, 027 14,228 14, 359
5,622
5,584
6,014
6,109
5,569
5,529
5,668
5,607
5,776 5,889
4,748
4,592 4,595 4,597
4,701
4,425 4,461 4,590
4,628 4,657
1,654
1,690
1,693
1,644
1,647
1,629
1,665
1,667
1,670
1,692
6,414
6,096 6,233 6,753
6,142
6,297 6,098
6,371
6,191
6,296
3,267
3,172
3,231
3,077
3,427 3,063 2,949 3,044
3,106
3,182
1,037
1,032
1,086
1,065
1,022
1,028
1,015
1,047
1,013
1,020
360
325
326
328
328
334
355
340
330
348
1,750
1,912
1,841
1,703
1,772
1,742
1,679
1,757
1,732
1,746
14, 831 15,051 16, 145 15, 606 15, 234 15,118 15, 434 15, 825 15, 993 15, 960
5,959
5,830
5,894
5,958 6,002
5,900
6,048 6,206 6,233 6,218
4,952 4,987
5,047
5,036
5,329
4,991
5,076
5,152
5,313
5,230
912
922
889
878
907
909
920
926
896
976
al
bank credit*
seas. idj., back to 1960. Revisions an} availal3le as fo Hows: C ommerci
1948-6 3, in the June 1964I Fed. Re s. Bullet in; consiimer ere lit— 1962 unadj., in the N ov. 1963
OAdj usted to
Fed. I*es. Bulletin; 196 3-62 seas adj., on p. 28 of the June 1964 SiJRVEY.
exclud e interbaink
loans
§ F 3r bond yields, see p. S-20
r
IData are as o [ end of
*Ne w series FHLBIJ); data iDrior to I)ec. 1962 not ava lable.
consec utive 4-\*reek peri ods endiiig in moiith indieated, except June figure w hich is a 3 of June
30 (en d of fisca 1 year).
SURVEY OF CUREENT BUSINESS
S-18
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
| 1963
Monthly
average
September 1964
1964
1963
July
Aug.
Sept.
Nov.
Oct.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
FINANCE—Continued
CONSUMER CREDITt-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:
Automobile paper
Other consumer goods paper
All other
Repaid total
Automobile paper
Other consumer good*' paper
All other
Seasonally adjusted:
Extended total
Automobile paper
All other
Repaid total
Automobile paper
Other consumer goods paper
All other
do
do
__do
- --do
do
do
__do
5,684
927
4,252
505
3,990
5,871
895
4,456
520
4, 315
4,760
555
3,682
523
4,154
4,839
579
3,713
547
4,154
4,833
620
3,667
546
4,143
4,898
639
3,743
516
4,103
4,999
667
3,817
515
4,158
5,871
895
4,456
520
4,315
5,339
782
4,014
543
4,367
4,805
655
3,590
560
4,471
4,634
614
3,485
535
4,482
4,833
610
3,667
556
4,553
5,099
626
3,910
563
4,520
5,238
610
4,028
600
4,522
5,240
576
4,008
656
4,502
4,594
1,650
1,307
1,637
4,218
1,456
1,245
1,517
5.068
1,834
1,417
1.817
4,593
1,613
1,320
1,659
5,365
2,055
1,393
1,917
4,778
1,698
1,356
1,724
5,242
1,839
1,456
1,947
4,610
1,613
1,308
1,689
4,755
1,524
1,384
1,847
4,563
1,618
1,289
1,656
5,487
2,040
1,547
1,900
4,948
1,794
1,404
1,750
4,981
1,734
1,517
1,730
4,543
1,598
1,316
1,629
5,974
1,767
2,094
2,113
4,924
1,675
1,374
1,875
4,784
1,689
1,380
1,715
4,932
1,699
1,508
1,725
4,552
1,686
1,212
1,654
4,597
1,604
1,383
1,610
5,322
1,983
1,488
1,851
5,079
1,783
1,504
1,792
5,578
2,127
1,495
1,956
4,991
1,768
1,470
1,753
5,584
2,137
1,547
1,900
4,846
1,712
1,424
1,710
5,949
2,245
1,632
2,072
5,155
1,798
1,501
1,856
5,747
2,166
1,543
2,038
5,165
1,844
1,460
1,861
5,100
1,854
1,409
1,837
4,591
1,603
1,330
1,658
5,100
1,802
1,441
1,857
4,619
1,607
1,326
1,686
5,093
1,730
1,425
1,938
4,752
1,659
1,347
1,746
5,311
1,910
1,457
1, 944
4,780
1,676
1,362
1,742
4,979
1,792
1,432
1,755
4,596
1.638
1,324
1,634
5,272
1,914
1,523
1,835
4,812
1,707
1,384
1,721
5,276
1,888
1,493
1,895
4,848
1,684
1,441
1,723
5,421
1,953
1,578
1,890
4,842
1,716
1,395
1,731
5,480
1,942
1,665
1,873
4,956
1,735
1,468
1,753
5,371
1,961
1,544
1,866
4,959
1,759
1,453
1,747
5,552
2,023
1,589
1,940
5,059
1,776
1,483
1,800
5,399
1,962
1,537
1,900
5,029
1,768
1,486
1,775
5,541
1,996
1,546
1,999
5,058
1,781
1,448
1,829
4,693
9,381
9,763 10,045
-382 -5, 353
10, 960
11, 287
-328
11. 652
4,423
9,549 10, 740
2,102 -6,318
9,617
9,812
-194
10, 503
6,628
10, 069
9,848
433 -3,219
11, 525
9,393
2,132
8,334
12, 168
9,390 10, 163
2,778 -1,829
10, 652
9,533
1,119
do
do
do
do
do
do
do
FEDERAL GOVERNMENT FINANCE
Net cash transactions with the public :c?
Receipts 5from
- .mil. $..
Payment* to
do
Excess of receipts or payments ( — )
do
Seasonally adjusted quarterly totals: §
Receipts.
_
-do
Payments
do
Excess of receipts, or payments (-)
do
Budget receipts and expenditures:
Receipts total
do
Receipt^ netH
do
Customs
do
8,850
9,323
-472
28, 472
30 395
-1,923
28, 438
29, 341
-903
29, 668
30, 491
-823
28, 976
29, 962
-986
14, 286
4,745
10, 290 10,217
3,996 -5,472
10, 525 "14, 438
6,136 "12,310
p 117
100
5,398 P 4, 810
491 * 6, 196
2,864 * 1, 460
1,672 * 1, 855
7,511 p 9, 513
"948
899
* 500
449
4,666 rr v 5,677
1, 523 v 2,435
4,871
3,547
117
1,676
574
537
1,967
7,863
882
468
4,178
2,579
9,977
7,290
108
5,785
386
2,064
1,633
8,305
850
466
4,469
2,572
11,722
10, 095
104
5,350
3,603
1,098
1,567
7,815
856
438
4,215
2,334
4,371
3,400
123
1,651
557
468
1,571
8,776
865
463
4,710
2,750
8,911
7,131
106
5,541
396
1,440
1,428
7,784
863
454
4,081
2,386
10, 379
8,803
103
3,582
3,726
1,147
1,820
8,289
903
455
4,515
2,442
6,580
5,853
101
3,873
583
404
1,619
8,492
925
481
4,348
2,819
12, 235
8,047
87
6,975
451
2,835
1,887
7,521
880
450
4,365
1,946
13, 961
10, 148
108
3,991
6,654
1,579
1,629
7,871
907
455
4,378
2,143
9,559
6,609
109
5,895
684
1,106
1,765
7,930
895
415
4,564
2,071
bil. $„ 1303.47 1309.35 304. 84
306. 54
306. 64
306. 44
308. 22
309. 35
308. 58
310. 36
309. 59
307. 60
311.53
311. 71
311. 18
314. 09
305. 21
261. 56
14.14
43.66
4.13
304. 50
262. 58
14.44
41.92
4.08
306. 13
263. 25
14.39
42.88
4.22
305. 40
262. 18
14.23
43.22
4.18
303. 38
261. 38
13.93
42.00
4.22
307. 21
262. 18
14.16
45.03
4.32
307. 36
260. 73
14.34
46.63
4.36
306. 86
261. 12
14.02
45.74
4.33
309. 62
262. 18
Corporation income taxes
Employment taxes
Other internal revenue and receipts
Expenditures totaH
Interest on public debt
do
do
do
do
do
National defense
All other expenditures
Public debt and guaranteed obligations:
Gross debt (direct), end of mo., total
-do
do
Interest bearing total
- do
Public issues
do
Held by U.S. Govt. in vestment accts. do
Special issues
do
Noninterest bearing
do__
Guaranteed obligations not owned by U.S. Treasury, end of month
bil. $_.
U.S. savings bonds:
\mount outstanding, end of month
do
Sales series E and H.
do
Redemptions
do
8,983
7,059
103
4,340
1,821
1,108
1,612
7,659
796
442
4, 425
2,052
9,523
7,293
105
4,525
1,897
1,346
1,650
7,849
852
439
4,414
2,189
1299.21 1305.21 300. 94
1255.78 i 261. 56 257. 21
i 11.99 1 14. 14
13.20
43.72
i 43. 43 i 43. 66
14.26
3.90
14.13
302. 52
257. 01
13.21
45.52
4.01
302. 66
258. 01
13.48
44.65
3.97
302. 46
259. 18
13.76
43.28
3.98
304. 09
260. 54
14.01
43.55
4.12
5,131
3,487
120
1,549
646
624
2,192
7,410
957
442
3,530
2,958
47.44
4.46
1.74
.65
.67
.69
.71
.72
.74
.76
.79
.82
.80
.80
.81
.82
.85
i 47. 87 i 49. 03
.36
.40
.47
.42
48.58
.41
.44
48.70
.40
.39
48.74
.35
.42
48.82
.39
.42
48.93
.33
.34
49.03
.36
.39
49.11
.47
.53
49.21
.41
.43
49.26
.40
.48
49.30
.38
.45
49.37
.37
.41
49.44
.38
.45
49.50
.39
.47
49.57
.36
.41
139. 61
140. 21
140. 90
141. 87
142. 53
143. 07
143. 68
144. 31
144. 96
66.08
5.83
3.89
16.47
3.46
30.62
66.36
5.79
3.89
16.48
3.45
30.98
66.10
5.76
3.88
16.43
3.43
30.94
66.63
5.78
3.86
16.44
3.42
31.41
66.79
5.80
3.86
16.42
3.42
31.46
66.76
5.73
3.85
16.44
3.41
31.51
66.91
5.69
3.85
16.43
3.41
31.64
67.11
5.73
3.83
16.47
3.40
31.76
67.12
5.63
3.82
16.47
3.39
31.90
5.56
2.29
3.18
49.54
45.80
4.36
6.62
1.34
6.11
5.58
2.31
3.18
49.81
46.06
4.37
6.65
1.32
6.11
5.68
2.34
3.25
50.54
46.75
4.35
6.69
1.44
6.10
5.74
2.35
3.29
50.83
47.01
4.37
6.73
1.28
6.29
5.77
2.35
3.32
51.13
47.27
4.38
6.77
1.27
6.43
5.85
2.36
3.39
51.44
47.52
4.39
6.82
1.28
6.53
5.90
2.37
3.43
51.81
47.82
4.40
6.87
1.17
6.61
5.94
2.39
3.44
52.12
48.08
4.42
6.91
1.18
6.64
6.02
2.42
3.49
52.47
48.38
4.44
6.96
1.26
6.71
860.7
368.1
70.6
13.1
76.0
149.4
183.5
731.3 1, 083. 0
307.5
369.7
67.4
73.1
11.5
14.8
71.9
74.4
127.1
163. 5
145.9
387.5
885.8
400.3
78.7
12.6
93.2
151.5
149.5
838.2
364.6
72.1
12.1
77.4
146.6
165.4
938.0
397.6
81.3
13.8
82.5
167.3
195.5
885.5
386.5
75.5
13.7
79.6
158.5
171.7
830.2
356.9
72.0
13.7
75.0
147.8
164.8
917.4
377.7
78.1
14.4
79.5
165.7
202.0
1.52
LIFE INSURANCE
Institute of Life Insurance:
Assets, total, all U.S. life insurance companies §
137. 67 138. 36 138. 76
bil.$__ 1 133.29
Bonds (book value), domestic and foreign,
65.58
65.72
65.79
total
bil $ i 63. 72
5.84
5.81
16.17
5.82
U S Government
do
3.94
14.03
3.95
3.89
State countv municipal (U S )
do
16.49
16.49
1 16. 51
16.46
Public utili ty' (U S )
do
3.48
3.48
13.48
3.47
Railroad (U S )
do
30.23
i 28. 64
30.07
30.33
Industrial and miscellaneous (U.S.)
do
Stocks (book value), domestic and foreign, total
5.45
5.50
5.56
bil. $_. 16.30
2.28
2.29
12.18
2.30
Preferred (U.S.)
do
3.11
3.08
14.03
3.17
Common (U S )
do
48.66
48.96
146.90
49.23
Mortgage loans, total...
_
...do
45.29
45.03
45.52
i 43. 50
Nonfarm
do
4.26
4.31
4.34
14.11
Real estate
do
6.55
6.58
16.23
6.51
Policy loans and premium notes
do
1.25
1.26
1.34
i 1.46
Cash
do
5.94
6.07
5.92
14.57
Other assets
do
Payments to pollcyholders and beneficiaries in
798.3
777 A
835.7
780.6
798.5
U S , total
mil $
323.2
350.7
352.3
343.8
324.6
Death payments
do
5&.5
67.4
63.9
64.7
63.8
Matured endowments
do
12.7
12.9
13.5
12.6
11.8
Disability payments
do
80.3
75.1
62.3
71.9
69.8
Annuity payments
do
150.1
154.1
143.7
147.7
149.1
Surrender values
do
165.0
181.9
138.2
143.0
180.4
Policy dividends
do.__
T
Revised.
» Preliminary.
i End of year; assets of life insurance companies are
annual statement values.
JSee similar note on p. S-17.
cf Other than borrowing.
§ Revisions available upon request are as follows: Net cash transactions with the public
(seas,
adj.),
1962-lst
qtr.
1963;
assets
all
life
insurance
cos.,
Jan.-May
1963.
actions.
for net receipts and total expenditures reflect exclusion of certain interfund trans-
SURVEY OF CUKRENT BUSINESS
September 1964
1962 | 1963
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
Monthly
average
S-19
1964
1963
Aug.
July
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
7,695
5,836
1,286
573
Aug.
FINANCE—Continued
LIFE INSURANCE— Continued
Life Insurance Agency Management Association:
Insurance written (new pald-for Insurance) : t
Value, estimated total
mil. $
Ordinary
do
Group and wholesale
do
Industrial.. . __ __
do.
6,631
4,686
1,358
587
7,455
5,284
1,574
596
7,179
5,192
1,417
570
7,082
5,149
1,339
594
7,361
5,099
1,662
600
8,406
5,996
1,764
646
7,537
5,548
1,388
601
9,281
6,096
2,651
534
6,932
5,070
1,350
512
7,563
5,336
1,609
618
8,553
6,124
1,798
631
9,090
6,308
2,174
608
7,987
5,913
1,427
647
8,917
6,155
2,140
622
1,052
778
155
120
1,125
842
167
116
1,127
853
166
108
1,127
847
174
106
1,066
799
160
106
1,154
876
170
108
1,065
811
150
105
1,351
929
205
217
1,168
889
173
106
1,152
878
164
110
1,179
897
177
105
1,157
879
176
102
1,135
856
172
107
1,174
883
190
100
Gold and silver:
Gold:
Monetary stock, U.S. (end of yr. or mo.)_mll. $._ 1 15, 978 115, 513
-66
-21
Net release from earmark f _
do
31, 747 16, 982
Exports
thous $
12, 578 3,701
Imports
do
15, 633
-169
189
9,769
15, 582
-44
83
7,566
15, 582 15, 583 15, 582
-3
-23
107
56, 286 28, 139 28, 416
1,321
2,094
1,749
15,513
94
28,142
2,489
15, 512
55
56,294
2,404
15, 462
15
84, 438
2,011
15, 461
109
28, 334
2,357
15,462
49
56, 307
1,813
15, 463
-21
28, 155
1,855
15, 461
-48
4
2,379
15,462
43
28, 146
2,082
81.6
10.9
81.7
11.7
80.9
11.5
82.0
12.2
81.6
11.7
78.6
10.8
78.7
10.7
79.9
9.8
84.9
10.3
82.3
11.6
10.7
4,672
5,010
1.293
6,341
6,707
1.293
Premiums collected:
Total life insurance premiums
Ordinary
Group and wholesale
Industrial _ _
_ do___
do
do
do
MONETARY STATISTICS
Production, world total
South Africa
Canada
United States
Sliver:
Exports
Imports
Price at New York
Production:
Canada
Mexico
United States
.mil. $_. 2107.9 2 112. 5
74.4
80.0
do
12.1
11.6
__ do
4.5
4.3
do
15, 461
1,262
6,208
1. 084
3,480
5,910
1.279
265
6,013
1.290
1,624
4,865
1.288
2,945
6,798
1.293
5,756
7,178
1.293
11, 439
4,658
1.293
3,780
6,433
1.293
5,230
6,638
1.293
7,010
6,189
1.293
4,623
6,007
1.293
11,310
3,097
1.293
3,883
7,168
1.293
thous.fineoz__ 2,556
3,437
do
< 3, 029
do
2,487
3,286
3,843
2,216
3,587
3, 806
2,908
3.350
3,328
2,285
3,245
3,707
2,707
2,542
3,218
2,890
3,489
3,682
2,263
3,373
3,593
2.550
3,321
3,000
1,986
3,924
4,150
2,224
3,049
3,776
2,372
3,444
3,996
2,673
3,974
4,879
135.3
137.7
35.7
35.8
35.9
36.2
37.2
37.7
36.2
36.3
36.8
36.9
37.2
37.7
37.8
Money supply and related data (avg. of dally fig.) :t
Unadjusted for seas, variation:
Total money supply
bll. $_. « 5146. 2 55150. 6
30. 1
31.5
Currency outside banks __ _
do
« 5116. 1 8 119. 0
Demand deposits
do
91.1 • 105. 5
Time deposits adjusted^
do
« 5.9
U.S. Government deposits
do
55.9
149.5
31.8
117.7
106.2
7.8
149.2
31.9
117.3
107.5
6.3
150.6
31.9
118.6
108.3
6.6
152.5
32.1
120.4
109.5
5.3
154.8
32.6
122.1
110.2
4.4
157.2
33.1
124.1
111.0
5.2
157.8
32.4
125.4
113.2
4.2
153.8
32.3
121.5
114.6
4.8
152.9 « 155. 0
32.6
32.7
120.3 « 122. 3
115.7
116.7
6.1
4.2
152.4
33.0
119.4
118.1
6.9
153.6
33.3
120.3
119.2
7.8
155.2
33.7
121.5
120.1
7.0
155.1
33.8
121.3
121.1
6.4
151.0
31.6
119.4
105.6
151.2
31.8
119.5
107.1
151.6
31.9
119.7
108.1
152.3
32.0
120.3
109.3
153.5
32.3
121.2
111.1
153.2
32.4
120.7
112.3
153.8
32.6
121.2
113.9
153.8
32.7
121.1
115.1
154.2
32.9
12JL3
115.7
' i54. 5
33.0
<121.5
116.4
154.5
33.3
121.3
117.4
155.6
33.4
122.1
118.5
156.7
33.5
123.3
119.4
157.2
33.7
123.5
120.6
45.8
85.1
46.8
30.3
44.9
88.9
44.2
29.5
46.8
96.9
46.7
29.9
46.2
87.2
48.4
30.1
43.6
80.7
46.0
29.0
46.3
89.0
47.5
29.8
47.1
92.1
47.8
30.6
44.8
86.2
45.4
29.5
46.7
91.6
46.9
30.1
49.1
95.5
49.3
31.6
46.8
90.9
47.6
30.4
47.5
94.5
47.1
30.5
50.3
103.8
49.1
31.2
47.6
96.0
47.1
30.5
thous $
do
dol per fine oz
Currency In circulation, end of yr. or mo
Adjusted for seas, variation:
Total money supply. _ _.
Currency outside banks
Demand deposits _
Time deposits adjustedl
_
bll. $_.
3
do
do
do
do
Turnover of demand deposits except interbank and
U.S. Govt., annual rates, seas, adjusted:
Total (344 centers)
ratio of debits to deposits..
New York City
do
6 other centers o"
do
337 other reporting centers
do
41.5
77.8
41.2
27.7
44.3
84.8
44.6
29.0
1,293
PROFITS AND DIVIDENDS (QTRLY.)
Manufacturing corps. (Fed. Trade and SEC):
Net profit after taxes, all Industries
mil. $_. «4,430 e 4, 871
«342
«362
Food and kindred products.
do
Textile mill products
_ _ _ __ ... do
«88
888
Lumber and wood products (except furniture)
«62
mil. $.. 8«41
Paper and allied products
___ _
do
157
e 158
6
Chemicals and allied products
do
«560
607
e
Petroleum reflnlner.- _ _ . __
do
«809
958
Stone, clav, and glass products .
do
•145
e 148
Primary nonferrous metal
do
«133
o 141
Primary iron and steel
do
•180
6234
Fabricated metal products (except ordnance,
machinery, and transport, equip.)
mil. $_. «152
6167
Machinery (except electrical)..
do
«327
8358
Elec. machinery, equip., and supplies... do _
«305
6325
Transportation equipment (except motor
vehicles, etc.)
mil $
8 111
«110
6
572
Motor vehicles and equipment
do
6640
6508
All other manufacturing industries _ _ do
8510
Dividends paid (cash), all industries. __
do
e 2, 320 62,467
Electric utilities, profits after taxes (Federal Reserve)t_
mil $
"516
6546
Transportation and communications (see pp S-23
and S-24).
4,785
417
97
5,461
397
103
5,121
341
85
6,121
400
108
96
153
606
938
204
129
184
55
194
636
1,117
145
160
265
61
162
630
1,022
70
174
262
93
194
765
960
217
200
325
202
362
312
171
333
370
152
416
323
227
553
361
114
365
607
109
807
570
111
822
489
150
945
622
2,164
3,131
2,410
2,600
529
532
660
542
SECURITIES ISSUED
Securities and Exchange Commission: J
Estimated gross proceeds, total.
mil. $
2,496
2,635 2,089 1,980 1,673
By type of security:
Bonds and notes, total..
do
2,352 2,521 1,989
1,880
1,586
Corporate ._ . . .
do
747
656
710
784
906
Common stock
do
109
65
85
81
61
Preferred stock
do
35
35
5
39
29
' Revised.
1 End of year.
» Estimated; exclu3es U.S. S.R., oiller Easte rn Euro pean
countries, China Mainland,
and
North
Korea.
3
Effectiv e Aug. 1962 for silver In commercial bar form (priced 1A cent higher than on forme r basis; $ i o cent h gher effe ctive No p.15,
1962).
* Based on refinery production (U.S. Bu. of Min t data); not com parable with
5
later figures shown, which are from
Amer. Bu. of Metal Statistics.
Av erage of iaily
e
figures.
6 Quarterly average.
Corrected.
2,977
2,117
2,312
2,482
2,022
2,121 '4,930 ' 2, 267 3,056
2,486
2,852
1,958
2,229 2,360
1,933
2,031 ' 3, 559 '2,119
2,261
2,686
992
732
1,376
621
863
714
668
'863 '1,008
1,091
91
106
53
95
87 ' 1, 349
167
80
98
289
34
54
30
27
3
8
'23
50
82
57
JRe^visions will be she wn later as follo\vs: Insur ance written for JFan.-Apr . 1963 (al 1 series
and IS 62 (tota and or linary) ; profits c f electric3 utilitie s, 1962; s ecurities issued, 1961-62'
Revisi ons back to 1947 f3r monejr supply and relat ed data {ire availsible in th e June 1 364 FedRes. B ulletin; 1 hese revi sions res ult from adjusting mts to ne w bench marks arid from r evisions
of seas onal fact 3rs beginning 195£ .
§0r increase n earma rked gol(i(-).
ITime deposits at all conimercial bank sot her than
those (lue to d()mestic c ommerc al banks and the U.S. Q()vt.
c7" Include s Boston , Philadelphi a, Chicajlo, Detro it, San I"rancisco , and Lo 3 Angeles .
SURVEY OF CURRENT BUSINESS
S-20
1962
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1964
1963
1963
Monthly
average
September 1964
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
May
June
805 ' 2, 234 '1,155
'195
'217
165
'14
'45
30
'501
'174
195
25
48
24
27
36 '1,385
'232
'270
329
1,461
374
20
271
22
269
459
892
225
8
227
54
24
285
2, 696 '1,112
367
1 444
660
1,204
1,595
1,593
'1,141
1,441
877
'953
'662
'292
1,292
'116
720
572
63
86
716
455
262
81
80
660
515
900
393
'922
'222
'466
5, 388
1,146
4,431
5,314
1,114
4,395
4,281
Mar.
Apr.
July
Aug.
FINANCE—Continued
SECURITIES ISSUED— Continued
Securities and Exchange Commissiont— Continued
Estimated gross proceeds— Continued
By type of issuer:
Corporate total 9
mil $
Manufacturing
do
Extractive (mining)
- do
Public utility
do
Railroad
do _
Communication
- do
Financial and real estate
do _-
892
271
17
235
19
109
158
1 020
295
18
222
36
91
260
810
330
4
191
26
92
93
756
279
13
124
g
97
161
871
287
6
79
51
40
358
1 116
247
18
278
17
46
453
891
226
17
174
27
16
345
1 459
985
166
54
137
30
159
335
710
128
10
161
35
84
113
1,604
716
713
1,615
1,279
413
789
1 224
1,861
333
688
853
357
483
1,497
398
726
802
347
452
1,226
601
842
1 312
1 316
1,006
413
810
875
1 007
797
745
862
1 101
879
1 444
972
709
796
687
471
216
63
126
749
450
299
127
130
588
374
214
121
89
566
269
297
107
71
730
373
357
67
65
912
368
544
88
100
606
354
252
61
212
1 098
674
424
30
316
845
473
372
43
85
523
330
193
17
162
677 r' 2 094
1,788
341
'306
336
r
42
37
'83
77
713
397
842
457
789
392
726
567
452
283
1,282
427
688
613
483
259
1,006
267
810
470
844
593
5, 541
1,210
4, 481
U61
423
4,920
1 126
3,865
406
5 057
1 093
3,956
431
5,356
1 180
4,169
423
5,524
1,176
4,251
5,621
1,211
4,485
461
5 541
1 210
4,481
464
5,546
1 262
4,251
465
5,405
1,199
4,191
474
5,387
1,231
4,156
5 531
1 165
4,428
448
5,458
1,138
4,475
96.2
112.1
96.8
111.3
96.6
110.3
96.5
111 4
95.9
110.7
95.9
109.9
95.9
108.5
95.4
109 5
95.3
111. 2
95.7
112.3
95.2
109.9
94.6
110 3
94.7
111.6
94.9
111.8
95.2
112.1
95.3
111.8
86.94
86.31
86.16
86 45
85.77
85.50
85.03
84 64
84.42
84.60
84.10
83 84
84.38
84.70
84.70
84.59
144 14
148 83
145. 04
137. 82
116 30
113 84
128 95
120 99
120 86
113 87
131 47
121. 30
162. 77
158. 36
322 41
240 58
286 79
253 71
230 97
213 65
253 06
240 93
288 43
228 37
257 85
236. 45
242 25
229. 17
247. 56
227. 28
138. 80
143. 27
138. 94
132. 17
110 37
109 00
123 41
116 29
113 14
107. 96
122. 60
114. 33
158. 16
153. 92
317 40
235 87
280 62
248 73
226 21
209.23
244 06
232. 30
282 05
222 06
252. 29
231. 22
235. 66
221. 26
238. 63
218. 63
121. 21
123. 61
95.87
106 74
94.41
107. 04
173. 13
234 32
284. 85
226. 12
212. 95
226 94
200. 45
215.15
190. 12
166. 90
4.62
4.50
4.49
4.50
4.52
4.52
4.54
4.55
4.56
4.55
4.56
4.58
4.59
4.59
4.58
4.57
4.33
4.47
4.65
5.02
4.26
4 39
4.48
4.86
4
4
4
4
4
4
4
4
29
40
48
83
4.31
4 41
4.50
4.84
4.32
4.43
4.51
4.83
4.33
4.44
4.54
4.84
4
4
4
4
35
46
54
85
4.37
4 49
4 56
4. 83
4
4
4
4
36
46
56
83
4.38
4 47
4. 56
4.83
4
4
4
4
40
49
59
85
4.41
4.50
4.60
4.85
4.41
4.51
4.60
4.85
4.40
4.50
4.58
4.83
4.41
4.49
4.57
4.82
4.47
4.51
4 42
4.41
4. 65
4 45
4.42
4.63
4 46
4.44
4 47
4.44
4.47
4.45
4 48
4.49
4 50
4.51
4 48
4.51
4 49
4.51
4 53
4.53
4.54
4.53
4.54
4.55
4. 62
4.52
4.54
4 fiR
4.52
4.54
4 f>K
Noncorporate, total 9 __do
TJ S Government
do
State and municipal
__do
New corporate security issues:
Fstimated 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
394
1 282
531
2
203
44
65
426
474
399
844
r
r 2 215
1,204
869
383
900
'72
387
922
742
455
SECURITY MARKETS
Brokers' Balances (N.Y.S.E. Members Carrying
Margin Accounts)
Cash on hand and In bank's
Customers' debit balances (net)
Customers' free credit balances (net)
Money borrowed
_
-
mil $
- do
do
do
1405
4, 149
1, 216
i 2, 820
1
1
1
1
1
478
458
r
451
Bonds
Prices:
Standard & Poor's Corporation:
Industrial, utility, and railroad (Al-f issues):
Composite (19 bonds) d"~-dol. per $100 bond-Domestic municipal (15 bonds)
- _-do __
TJ.S Treasury bonds taxablel
- - --do
Rales:
Total, excl. U.S. Government bonds (SEC) :
A l l registered exchanges:
Market value
mil $
Face value
do
New York Stock Exchange:
Market value
- do
Face value
do
New York Stock Exchange, exclusive of some
stopped sales face value total
_ mil $
Yields:
Domestic corporate (Moody's)
_percent_.
By ratings:
Aaa
__do
Aa
do
A do
Baa
_
do
By groups:
Industrial
do
Public utility
do
Domestic municipal:
Bond Buyer (20 bonds)
Standard & Poor's Corp. (15 bonds)
D .8. Treasury bonds, taxableO
26
39
47
84
4 43
4.42
do
do
3.14
3.18
3 18
3.23
3 12
3.29
3 15
3.22
3. 19
3.27
3.24
3.32
3.31
3.41
3 26
3.34
3 13
3.23
3 17
3.17
3 32
3.32
3 26
3.29
3. J6
3.21
3.20
3.20
3.19
3.18
3.19
3.20
__do
3.95
4 00
4.01
3 99
4.04
4.07
4.10
4 14
4.15
4 14
4.18
4.20
4.16
4.13
4.13
4.14
Stocks
Cash dividend payments publicly reported:
Total dividend payments
_
mil. $_. 215,076
2
16,188 1,081.5
2
2,
2
454.3 2, 230. 6 1,071.4
487
8,510
2582
220.7
355.5
15.5
233.1
96 0
170 1 1, 406. 0
110.0
2 8
216.9
358.4
15.1
1, 456
1,2 900
377
2
642
2232
258.4
133.9
16.7
64.2
16.6
30
131 9
8 7
32 2
9.6
120.1
215.1
56.4
62.1
27.8
244.5
134.9
21.2
62.9
17.5
6.42
6.98
3.21
3.50
4.46
5.84
6.41
6 97
3.21
3 48
4.45
5.84
6.41
6 97
3.23
3 48
4 45
5.86
6.41
6.97
3.30
3.49
4.45
5.86
6.51
7.10
3.30
3.60
4.45
5.86
Price per share, end of mo. (200 stocks) 9 ...do
177.87 202. 32 198. 29 207. 81 206. 58
Industrial (125 stocks) _._
do _ 189. 95 218. 24 214. 19 225 11 223. 69
Public utility (24 stocks)
do . 91.50 102. 79 102. 44 107. 57 105. 14
79.11
Railroad (25 stocks)
_
do .. 63.39
78.49
82.73
78.81
2
' Revised
1 End of year.
Annual total.
{Revisions for 1961-62 will be shown later.
9 Includes data not shown separately.
cfNumber of bonds represent number currently used; the change in the number does not
affect the continuity of series.
214. 67
234. 19
102. 53
78.73
Finance
Manufacturing
Mining _ __
Public utilities:
Communications
Electric and gas
Railroads
Trade
Miscellaneous
___
__
_do
do
do
2 2, 360
27,823
2549
do
__do
do
do
_
do
21,411
__
Dividend rates and prices, common stocks
(Moody's):
Dividends per share, annual rate (200 stocks)
dollars-Industrial (125 stocks)
do
Public utility (24 stocks)
do..Railroad (25 stocks)
do
Bank (15 stocks) _
do
Fire insurance (10 stocks)
do
a 1, 773
2353
a 606
2201
5.99
6.43
2.97
3.36
4.30
5.31
2
2
480.7 3,316.7 1, 187. 5
594.7 2, 377. 0 1, 131. 1
454.2 2, 566. 0 1,157.8
475.3
124.8
449 2
165.6 2 164 8
3.4
175 1
240.2
209.3
170.8 1, 542. 9
2.2
110.6
104.0
229.3
164.5 1, 722. 5
3.9
112.3
241.1
362.1
16.6
115.5
166.2
4.1
23.7
11.4
111.6
225.8
63.9
65.6
35.0
288.7
141.1
21.1
70.3
16.8
3.2
139.7
8.9
26.2
11.5
6.97
7.61
3.38
3.72
4.55
5.90
6.98
7.61
3.38
3.76
4.55
5.90
7.03
7.68
3.39
3.76
4.55
5.90
7.05
7.69
3.46
3.76
4.55
6.08
3.2
305. 1
346. 2
18. 1
2
8
6
4
6
247.0
135.0
26.4
90.2
19.5
6.80
7.39
3.32
3.60
4.51
5.86
6.82
7.41
3.33
3.67
4.51
5.86
6.89
7.52
3.33
3.67
4.54
5.86
211. 74
228. 76
100. 82
80.68
216. 57
234. 99
102.31
84.06
222. 47
241. 38
103. 69
84.81
136.7
6.2
30.4
10.4
124
216
87
62
36
3.0
221.2
353 3
18 2
47.7
12.8
109.6
223.8
62.4
57.4
30.1
289 4
140.1
23 8
66.7
18.4
6.91
7.55
3.34
3.70
4.55
5.90
6.93
7.56
3.38
3.72
4.55
5.90
6.95
7.58
3.38
3.72
4.55
5.90
225. 21
246. 19
104. 23
87.99
227. 79
250. 46
103. 13
88.26
229. 62
251. 53
104. 00
88.66
140.1
8.8
3.5
137.5
5.7
236. 88
260. 03
110. 86
94.14
^Prices are derived from average yields on basis of an assumed 3 percent 20-year bond.
OFor bonds due or callable in 10 years or more.
232. 35
255. 45
104. 11
94.99
236. 24
257 62
105.40
99.52
240. 48
263. 49
110.76
100. 64
September 1964
SURVEY OF CURRENT BUSINESS
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1963
Monthly
average
S-21
1964
1963
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
May
Apr.
June
July
Aug.
FINANCE—Continued
SECURITY MARKETS— Continued
Stocks— Continued
Dividend yields and earnings, common stocks
(Moody's) :
Yield (200 sto cks)
percent-Industrial (125 stocks)
do
Public utllltv (24 stocks)
do
Railroad (25 stocks)
do
Bank (1 5 stocks)
__ _ _ __do
Fire insurance (10 stocks)
do
3.37
3.39
3.25
5.30
3.31
2.48
3.17
3.20
3.12
4.46
3.15
2.51
Earnings per share (indust., qtrly. at ann. rate;
pub. utll. and RR., for 12 mo. ending each qtr.):
Industrial (125 stocks)
_
dollars-- U1.10
24.73
Public utility ( 24 stocks)
do
2
5.73
Railroad (25 sto cks)
do
U2.43
2
4.99
2
6. 29
Dividend yields, preferred stocks, 14 high-grade
(Standard & Poor's Corp.)
percent-Prices:
Dow-Jones averages (65 stocks)
Industrial (30 stocks)
Public utility (15 stocks)
. _
Railroad (20 stocks)
Standard & Poor's Corporation:^
Industrial, publi c utility, and railroad:
Combined index (500 stocks)
1941-43=10..
3 23
3 25
3 13
4 42
3 12
2.54
3 08
3 10
3 00
4 21
3 02
2.48
3 10
3 12
3 14
4 41
3 12
2.57
3 03
3 03
3 22
4 57
3 08
2.52
3 21
3 23
3 29
4 46
3 25
2.61
11 05
4 91
6 37
4.50
4.30
4.34
221. 07
639. 76
121. 75
132.61
253. 67
714. 81
138. 36
165. 30
252. 72
700. 75
138. 73
170. 62
4.30
257.
714
142
172.
69
15
83
93
4.30
262
738
142
172
53
52
74
71
3 15
3 15
3 25
4 37
3 17
2.57
3 10
3 12
3 21
4 33
3 13
2.52
3 07
3 07
3 20
4 21
3 14
2.48
262
747
138
170
4.28
16 261 09
52 743 24
68 137 59
41 171 16
4.32
266
759
137
176
33
94
77
16
3 03
3 01
3 25
4 20
2 99
2.46
3 00
2 98
3 25
3 92
2 94
2.45
4.31
272
776
140
180
31
62
19
93
4.31
276
793
140
184
74
03
09
55
2 95
2.95
3 21
3 78
2.98
2.45
2.92
2.91
3.06
3.74
2.95
2.39
2.98
2.96
3.12
3.99
2.90
2.47
' 15. 15
5 13
r
6.97
13 85
5 02
6 81
14 45
4 99
6 29
4.26
3 04
3 02
3 28
4 21
3 02
2.49
4.34
4.37
4.41
4.41
4.37
4.29
282 93
812 18
139 25
191. 97
286 09
820 94
139 02
196. 15
289. 33
823 12
140. 86
202. 08
290.08
817. 63
141.56
206. 59
302. 02
844. 24
147. 37
218. 78
298. 13
835. 30
149. 24
211. 25
62.38
69.87
69.07
70.98
72.85
73.03
72.62
74.17
76.45
77.39
78.80
79.94
80.72
80.24
83.22
82.00
65.54
58.15
54.96
59.16
30.56
73. 39
63.30
62.28
64.99
37.58
72.45
61.82
61.41
64.47
38.75
74.43
63.30
63.45
66.57
39.22
76.63
64 96
66 45
67 09
39 00
77.09
65 57
67.09
65 55
38 31
76.69
66 45
66 44
64 81
38 60
78.38
68 54
66 38
65 64
39 92
80.85
71 89
67 36
67 26
41 00
81.96
72 92
68 11
67 20
41 54
83.64
75 48
70.15
66 78
42.88
84.92
76 52
70.93
67 30
43.27
85.79
76.50
72.67
67.29
44.86
85.13
75.85
72.42
67.46
46.29
88.19
77.76
75.47
70.35
48.93
86.70
75.91
75.40
71.17
47.17
33.75
66.19
57.43
36.75
74.81
63.38
36.87
75.29
62.58
37.76
76.82
63.61
38 33
77.31
64.96
37 04
76.05
63.79
36 67
75.24
63.00
36 29
75.37
63.73
37 60
77.39
65.46
37 06
75.90
66.19
38.49
76.90
67.06
39 20
77.17
67.07
39.88
77.66
67.62
38.91
76.69
66.96
39.78
76.98
68.31
39.71
76.58
68.27
4,561
139
5,359
153
4,533
132
5,033
144
6 093
170
7 049
184
6 003
149
6 156
169
7 649
200
5 317
' 140
6 401
185
6 982
210
6,072
168
5,683
155
6,181
170
3,945
99
4,574
113
3,827
96
4 215
102
5 161
123
5 943
136
5 082
111
5 154
123
6 149
145
4 280
' 102
5 325
'l37
5 933
156
5,196
125
4 745
114
5 266
125
80
96
76
92
107
122
94
99
117
88
114
124
99
96
103
82
Shares listed, N.Y. Stock Exchange, end of mo.:
Market value, all listed shares
bil. $.. 339. 29
Number of shares listed
millions. - 7,464
386. 63
7,906
382. 21
7,952
400. 96
7,972
396. 24
8 010
407. 24 401. 60
8 029 8 042
411.32
8 108
422. 51
8 183
428.42
8 214
436. 79
8 301
441. 72
8 378
447. 62
8,480
455. 01
8,841
464. 54
8,941
458. 12
8,981
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) f _ _ 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)
millionsExclusive of odd-lot and stopped stock sales
(N.Y. S.E.; sales effected).
millions-
FOREIGN TRADE OF THE UNITED STATES
FOREIGN TRADE
Value*
mil. $.. 1, 806. 0 1,934.0 1, 818. 0 1, 903. 2 1, 823. 5 2, 079. 8 2, 104. 5 2 155 4 2 117.5 2 091 5 2 179 3 2 206 7 2, 256. 6 2, 099. 1 2, 114. 1
1, 745. 4 1, 857. 3 1, 713. 6 1, 810. 7 1, 765. 5 2, 023. 0 2, 028. 5 2 092 3 2 025 0 1 994 5 2 127 2 2 120 4 2 204 3 2,031 1 2 039 3
do.
Exports (mdse.), Incl. reexports, totall
Excl. Dept. of Defense shipments
Seasonally adjusted
1, 823. 0 1, 894. 6 1, 979. 6 1, 946. 4 1 9.44 6 2 049 4 2 037 3 2 028 7 2 077 5 2 046 0 2, 052. 1 2, 004. 3 2 111 4
do
By geographic regions: A
Africa
_ _
Asia
Australia and Oceania
Europe
Northern North America
Southern North America
South America
do
do
do
do
81 8
343.7
39.8
543 5
82.4
398. 1
43.6
589 0
87 4
395.2
41.6
494 7
78 6
401 7
42.3
561 3
79 1
381 2
40 7
544 8
79
442
44
658
do
...do
do
319 4
130.7
167 7
343 2
142.2
152 6
329 9
136.3
141 8
328 7
140. 2
156 2
349 1
142.9
131 1
405 9
154.5
149 9
92 6
438 0
55 8
671 6
350 2
152.6
171 9
19.6
18.6
17.5
23.0
15.1
22.6
13.8
23.9
16.0
24.8
16.2
24.5
do _.
do
do
do
34.2
55.8
23.7
36.5
67 0
32.3
33.5
70 7
24.5
34.1
62 1
37 3
32.2
60 6
36 9
do
do .
do __
9 9
22.4
117.9
88
26.9
141.5
6 0
25.7
136.8
48
26 2
144.7
48.9
.1
90.0
56 5
.5
92.0
38 3
.2
75.8
52 7
By leading countries:
Africa:
United Arab Republic (Egypt Reg.)__.do
Republic of South Africa.. _
__do
Asia; Australia and Oceania:
Australia, including New Guinea
India
__
Pakistan
Malaysia©
..
Indonesia
Philippines
Japan
__
__
_ ._
__ _ .._
Europe :
France
East Germany
West Germany
_
_
_
do
do
do
(3)
90.9
do
do
do
6
7
7
9
86
449
48
695
2
4
6
1
95
420
47
702
no o
6
1
4
0
406 8
54 0
738 2
99
410
48
692
1
4
7
3
115
450
59
695
2
6
0
5
103 9
372 3
58 8
622 3
98 7
439 1
60 9
626 5
339 6
149.4
156 2
341 6
149.7
147 3
407 2
161.2
161 3
426 2
167^0
161 7
425 5
164^6
186 6
417 3
179.4
179 5
365 8
168.3
166 9
13.6
26.4
17.7
29.8
13.4
26.1
22.8
29.7
21.1
30.5
23.5
28.2
29.6
37.3
24.2
33.7
14.8
32.8
37.7
72 8
47 8
50.0
76 5
25 6
45.4
98 7
45 5
37.6
80 2
25 5
6 2
40
70
21
5
47
67
15
6
40
76
20
6
49
97
30
6
49
55
38
6
50
87
40
7
10 9
24 1
139 4
78
35 5
152 7
12 8
29 9
173 9
79
29 3
168 8
12 8
30 2
184 6
6 7
29 9
166 0
4 0
29 3
174 6
2 2
31 3
153 4
3 2
32 6
145 4
r
33
30 4
128 3
57
28 6
146 8
51 1
63 5
1
98 2
64 1
19
103 9
64 7
23
103 0
84 2
32
97 6
66 0
35
97 8
71 4
18
112 3
65 9
71 3
4 6
111 7
61 5
116 6
59 0
3
97 2
72 9
3.6
130.7
74 4
1.6
125.6
80 9
1.7
114.5
(3)
88.4
.
' Revised.
» Preliminary.
ending Dec.
3 Less than $50,000.
d" Number of stocks represents number currently used; the change in number does not
affect continuity of the series.
9 Includes data not shown separately.
fRevised series; former series covered fire insurance only.
95
489
52
678
355 4
147.1
170 5
64.1
73.4
80.5
70.9
68.6
1.7
2.2
2.8
1.3
.6
80.4
89.6
96.8
87.1
104.3
1 Quarterly average at annual rate.
2 For 12 months
Italy
_
_
Union of Soviet Socialist Republics
United Kingdom
_
_
3
4
8
8
70 8
8.3
122.9
8
2
3
8
6
5
7
1
6
1
0
0
5
7
8
6
4
8
1
4
1
I\
96 3
9
6
4
5
75 2
73 9
74 5
61 0
54 5
67 7
29.3
55.3
22.2
1.8
7.3
13.8
123.9
121.7
107.4
107.9
111.2
108.0
IReyisions for various periods prior to Feb. 1963 will be shown later.
llncludes grant"
aid shipments under the Dept. of Defense Military Assistance Program, as well as economic
aid shipments under other programs.
AExcludes "special category" shipments.
©Country designation established Jan. 1964.
September 1964
SURVEY OF CUEEENT BUSINESS
S-22
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1963
Monthly
average
1964
1963
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
FOREIGN TRADE OF THE UNITED STATES—Continued
FOREIGN TRADE— Continued
Va lue— Continued t
Exports (mdse.), Incl. reexports— Continued
By leading countries— Continued
North and South America:
Canada
:
mll.$~
Latln American Republics, total?
Argentina
Brazil
Chile
Colombia
Cuba
Mexico
Venezuela
-
Exports of U.S. merchandise, total
By economic classes:
Crude materials
319.4
343.2
329.8
328.7
349.1
405.9
359.1
355.4
339.6
341.6
407.1
426.2
425.5
417.3
365.8
do
270.3
262.8
249.6
263.9
241.1
267.9
286.2
278.5
269.8
261.7
285.3
292.8
314.4
325.1
300.3
do
_do
do
do
do
do
do
31.6
35.4
14.2
18.9
1.1
67.1
39.2
15.7
31.4
13.5
20.0
3.0
68.9
42.3
15.6
27.7
14.2
21.0
3.7
66.4
34.9
14.4
29.0
14.5
22.6
0)
65.1
44.1
10.3
20.5
12.6
18.4
0)
70.7
41.2
15.2
21.7
13.0
22.6
0)
78.1
46.5
17.2
30.9
15.1
21.7
0
75.3
48.3
18.8
29.3
14.4
24.6
0)
69.4
49.7
15.1
32.4
13.1
20.4
0)
72.5
43.6
19.5
23.1
12.2
19.8
C1)
76.6
40.5
17.3
26.5
13.0
20.6
0)
78.2
48.7
16.7
31.3
12.6
17.1
0)
91.0
47.1
19.2
31.6
16.7
24.5
C1)
81.8
57.4
18.8
32.5
14.2
21.1
0
103.3
55.8
23.2
26.6
13.1
19.2
(1)
88.4,
50.5
do
1, 783.6 1, 910. 1 1,797.1 1, 879.2 1,801.8 2, 055.6 2, 079. 1 2, 131. 6 2, 090. 6 2, 063. 0 2, 151. 3 2, 170. 3 '2,225.4 '2,067.4 2, 088. 1
do
186.2
214.7
167.5
189.4
113.8
124.8
253. 4
273.6
1,062.7 1,107.6
Manufactured foodstuffs and beverages.-.do
Semimanufactures c?
do
Finished manufactures cP
do
By principal commodities:
Agricultural products, total 9 --Animal and vegetable oils and fats*
Cotton, unmanufactured
Fruits vegetables and preparations
Grains and preparations!
Meat and meat preparations*
Tobacco and manufactures A
Nonagrlcultural products total 9
182.6
215.5
207.6
212.2
284.9
237.9
219.1
217.9
252.8
272.7 281.6
222.9
247.4
181.0
228.3 232.5
232.6
233.1
158.8
209.7
182.1
177.6
221.4
166.7
227.6
227.4
113.2
135.8
134.9
131.9
137.3
144.8
116.3
124.0
122.2
132.6
125.9
135. 1
127.7
272.3 300.2
326.4
323.4
297.1 300.7
333.3 330.9 333.1
289.5
296.5 285.0
270.0
1,048.0 1,084.1 1,020.1 1, 132. 3 1,149.9 1,185.1 1, 187. 4 1, 188. 5 1, 245. 3 1,271.8 1, 295. 2 1, 210. 6 1,208.3
--do
419.5
465.4
410.6
408.7
433.7
552.6
574.5
588.1
542.2
525.3
530.8
521.1
528.9
459.1
479.3
do
do
do
do
do
do
26.1
44.8
35.8
171.4
11.8
40.9
26.6
48.9
37.2
191.7
12.3
43.6
26.0
25.9
37.6
179.7
10.6
35.0
26.4
36.7
33.9
156.3
11.7
44.7
32.1
41.9
37.0
162.3
13.0
64.2
28.9
50.9
50.0
211.2
16.4
73.0
20.7
67.8
40.0
220.9
17.3
60.1
25.4
86.1
37.4
247.7
13.8
55.4
26.6
79.0
32.2
234.1
16.8
38.0
27.8
74.9
33.7
226.3
16.0
37.0
33.1
64.4
33.3
238.2
14.5
30.0
20.9
51.7
28.4
245.0
12.6
30.5
36.1
49.5
34.5
238.4
16.7
33.5
32.9
50.7
37.8
180.3
14.9
41.2
40.0
91.5
32.5
171.1
13.0
37.0
<
do
1,364.1
1,444.7 1,386.6
1,470.5 1,368.1 1,503.1 1. 504. 6 1,543.5 1, 548. 3 1, 537. 6 1, 620. 5 1, 649. 1 1, 696. 6 1, 608. 3 1, 608. 8
Automobiles parts and accessories
do
Chemicals and related products§ do
Coal and related fuels
do
Iron and steel prod. (excl. adv. mfs.)__.do
115.2
125.5
149.3 U61.9
40.2
32.0
57.4
50.9
107.1
163.1
37.0
61.6
112.7
176.3
53.8
62.6
115.3
162.1
53.3
56.5
146.1
175.0
50.5
64.0
165.3
169.9
46.0
60.6
159.7
165.4
37.8
64.8
148.2
171.1
33.9
63.1
151.6
172.3
31.6
61.8
149.0
191.9
30.5
67.2
148.7
149.4
34.3
68.7
156.5
187.4
44.9
'81.7
144.6
183.5
45.6
83.4
111.6
199.4
39.8
82.5
Machinery to tall 9
do
435.1
453.4
431.0
446.0
411.1
462.7
477.1
491.7
486.8
510.4
542.7
521.5
575.2
512.8
517.2
do
do
do
do --do
13.2
30.3
105.9
44.5
208.1
15.2
35.2
113.4
37.0
216.5
18.4
33.0
104.2
31.2
211.2
16.6
36.5
111.7
29.0
212.9
10.6
31.2
108.9
34.6
192.4
11.7
41.1
114.0
38.1
218.0
11.4
36.9
124.2
37.5
228.4
12.7
39.6
122.5
42.2
236.8
15.8
39.2
125.6
39.1
226.2
20.1
36.5
132.7
42.1
238.4
23.9
45.5
123.0
44.4
264.2
23.8
49.8
122.6
39.8
246.1
22.6
53.7
133.2
46.4
274.8
19.7
50.2
119.9
39.7
240.3
20.8
48.4
116.9
45.9
241.1
36.8
57.3
41.0
57.8
42.6
53.3
41.5
57.8
41.0
55.2
41.1
65.0
39.4
63.2
41.9
62.8
37.7
59.6
35.1
61.5
38.4
70.9
41.8
68.2
35.8
71.0
39.4
68.2
43.3
59.7
-
Agricultural
Tractors parts and accessories
Electrical
Metal worklng§
Other In dustrfal
Petroleum and products
Textiles and manufactures..
General Imports totalO
Seasonally adjusted©
By geographic regions: O
Africa
Asia
--Australia and Oceania
E urope
do
_do
do
do -
1,365.8 1,428.5
1,502.6 1,458.3 1,398.5 1,591.3 1,425.1 1,529.9
1,457.5 1,508.3 1,450.4 1,458.8 1,465.3 1,477.7
1,446.7 1,337.7 1, 592. 3 1, 562. 3 1, 457. 9 1, 595. 5 1, 612. 4
1,421.8 1, 445. 3 1, 522. 9 1, 542. 1 1, 548. 1 1, 505. 5 1, 589. 6
58.4
267.6
52.9
378.7
74.0
297.8
48.1
466.1
59.5
265.2
31.6
445. 1
71.0
252.1
43.2
427.6
67.6
283.0
35.7
400.9
71.4
203.7
30.5
394.6
89.8
282.9
38.3
456.1
86.9
276.5
33.4
449.3
83.7
278.3
36.1
411.5
67.5
317.2
45.6
446.7
65.8
334.7
32.5
461.5
305.2 319.4
339.2 334.6 301.4
Northern North America
-do
123.1
127.4
128.9
109.1
102.4
Southern North America
do
204.2
207.7
220.9
194.7
236.6
South America
do
By leading countries: O
Africa:
2.1
1.2
.5
1.1
1.7
United Arab Republic (Egypt Reg.)._.do
21.4
23.3
31.4
21.6
17.8
Republic of South Africa
do
Asia; Australia and Oceania:
34.2
24.4
26.6
30.9
28.0
Australia, Including New Guinea
do
25.6
21.3
24.5
26.7
21.7
India
do
3.5
2.9
3.3
3.2
3.8
Pakistan
do
Malaysia©
do
11.2
8.5
10.5
9.4
8.4
Indonesia
do
32.5
26.9
44.9
29.7
35.8
Philippines
do
113.2
145.6
124.8
143.3
124.9
Japan.. _
_
do
Europe:
44.6
31.5
35.7
35.8
35.8
France
do
.2
.3
.3
.2
.3
East Germany
do
83.6
92.3
75.1
80.1
81.1
West Germany
_
__do
47.0
46.1
37.7
41.1
34.7
Italy
do
1.5
1.3
1.7
1.8
4.5
Union of Soviet Socialist Republics
do
100.9
83.8
89.9
83.8
89.8
United Kingdom
do
North and South America:
319.1
338.6
305.0
334.3 300.9
Canada
do
282.2
286.5 293.6
287.6
272.2
Latin American Republics, total 9
do
16.2
17.2
8.9
13.7
14.5
Argentina
do
45.1
46.8
43.1
42.6
56.4
Brazil
_do
14.5
15.9
15.7
19.8
15.9
Chile
do
22.9
20.7
20.7
28.8
34.9
Colombia
_. . _ > . do Cuba
do
.£
0)
0)
C)
0)
49.5
48.2
39.5
39.4
37.3
Mexico
do
76.2
82.2
67.2
81.3
78.1
Venezuela
do
r
2
Revised.
* Preliminary.
1 Less than $50,000.
Beginning Jan. 1963, excludes
exports of certain fertilizer materials, coal-tar and synthetic resinous products, chemical
specialties, etc.; in 1962, such exports totaled $52.6 mil.
tSee similar note on p. S-21; for exports, see also note "1" on p. S-21.
9 Includes data not shown separately.
d"Data for semimanufactures reported as "special category, type 1" are included with
finished manufactures.
*New series. Data prior to Sept. 1962 may be obtained from Bu.
reports.
Digitized offorCensus
FRASER
354.2
115.7
235.1
312.0
114.2
197.5
351.1
140.9
243.0
307.4
150.4
199.8
301.9
142.2
192.7
337.4
152.0
234.9
341.4
162.2
211.3
337.4
143.4
166.6
381.6
137.0
198.8
372.9
140.0
202.7
5.0
18.9
.5
17.4
1.1
25.8
1.0
24.1
1.0
20.3
3.8
21.1
2.0
21.3
2.5
19.9
1.0
19.3
1.9
16.2
36.8
25.8
4.0
20.7
22.9
3.7
29.0
21.0
3.7
9.8
36.9
139.8
9.7
18.0
134.7
8.0
29.9
118.0
27.7
22.3
4.3
14.3
13.4
32.2
130.6
19.2
18.0
2.6
9.9
10.0
15.1
100.6
24.8
24.0
3.2
14.8
15.0
34.9
133.3
18.5
28.1
3.9
10.6
11.7
19.8
143.5
16.1
25.7
3.5
12.2
15.2
34.6
121.7
32.2
28.4
3.7
10.9
15.8
31.3
155.1
17.8
19.8
3.0
13.3
15.2
44.1
167.2
45.5
.3
92.1
50.2
1.8
106.0
42.0
.2
94.9
46.4
1.2
100.6
37.1
.1
92.2
43.5
.9
91.6
35.9
.3
92.0
36.3
1.2
83.5
35.0
.8
78.7
33.7
2.0
85.3
39.5
.7
106.1
40.3
1.0
90.8
43.9
.5
97.9
41.2
.9
94.0
41.5
.4
87.8
35.2
1.3
91.1
42.8
.6
99.7
45.1
2.4
100.7
45.5
.4
102.7
47.7
2.1
101.5
-
do
...do
do
do
62.8
246.7
36.6
385.0
64.8
266.1
41.8
400.8
61.4
283.3
53.2
441.8
67.6
306.4
48.6
370.9
1
337.3 341.3 337.2 381.3 372.6
354.0 311.7 350.9 307.2 301.8
280.7 288.6
260.4
284.5 338.7 314.9
269.3 332.9
301.3
294.7
7.7
12.3
9.4
10.4
17.6
20.9
11.6
9.7
11.0
10.8
36.7
32.5
67.5
23.6
43.6
60.7
53.8
53.7
62.9
38.0
19.7
17.6
7.4
19.3
17.3
14.6
14.0
16.6
20.9
11.3
15.8
21.1
22.2
24.5
17.3
14.2
23.2
31.6
17.5
14.4
0)
0
0
0
C1)
0)
0)
0)
0)
0)
55.0
50.6
59.1
67.2
55.9
55.6
71.4
46.4
46.6
63.6
85.7
81.8
87.2
66.2
89.3
75.7
73.4
63.1
88.1
85.3
t Revised to include SIT C items classified as "cereals and preparations"; not comparable
with data published in the 1963 BUSINESS STATISTICS and in SURVEY issues prior to Nov.
1963.
AManufactures of tobacco are included In the nonagricultural products total.
§ Excludes "special category, type 1" exports.
OFor certain recent months, the data by regions and countries exclude Imports unidentified by area of origin.
©Country designation established Jan. 1964.
September 1964
SURVEY OF CURKENT BUSINESS
1962 | 1963
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
S-23
1964
1963
Monthly
average
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Mar.
Feb.
Apr.
May
June
July
Aug.
FOREIGN TRADE OF THE UNITED STATES—Continued
FOREIGN TRADE— Continued
Value— Continued!
Imports for consumption, total.
mil. $.. 1,354.3 1, 417. 8 1,505.3 1,479.1 1,375.1 1,578.3 1, 427. 8 1,511.6 1,464.9 1,322.3 1,567.3 1, 555. 3 1, 433. 8 1, 576. 8 1,615.2
By economic classes:
278.2
274.0
291.5
270 4
325.0
Crude materials
do
274 1 267 8
281 0
246 8
314 3 260 2
273 3 238 0
274 3
284 5
148.0
143.8
140.4
147 4
145.0
Crude foodstuffs
do
202 4 199 2
128 9
161 5
126 6
140 2
168 7
153 3
160 8
158 7
149.3
166.5
Manufactured foodstuffs and beverages.. do
163.0
149.2
148.8
150 7 142 6
184 4
105 5
177 3
183 1
198 2
133 5
163 0
197 4
282.4 300.4 317 5 313 6 285 7 326 4 300 4
340.1
333.9
Semimanufactures
do
311
1
339
0
343
1
314
1
315 0
343 0
CCC A
496.3 533.2
641 8
662 4
Finished manufactures
do
601 1 602 7
555 7
593 5
494 5
547 2
611 8
505 8
553 4
573 0
By principal commodities:
322.3 334.8 333 6 345 2 345 4 377 5 319 8 369 4
316 1
318 6
329 9
Agricultural products total 9
^o 383 1 362 7
295 4
332 7
i
11.0
11. 3
7 9
10 3
Cocoa (cacao) beans Incl shells
do
85
15 2
82
81
8 4
75
12 5
97
9 4
14 4
n
82.4
79.7
73.2
Coffee
do
84 5
84.7
125 7
131 8
78 4
89 3
76 7
100 9
87 4
94 0
88 8
90 1
19.0
16.4
Rubber, crude (Incl. latex and guayule).. do
13.9
17.1
13 3
20.2
13 5
19 4
13 3
16 5
15 0
19 4
13 2
13 6
14 0
42.0
50.9
38.9
Sugar (cane or beet)
do
49.7
32 1
47 8
64 3
62 5
37 2
59 7
26 3
53 4
16 5
31 8
68 8
17.4
18.8
Wool and mohair unmanufactured
do _ _
14.1
16 0
22 1
12 7
17 6
17 4
17 2
18 3
16 7
22 9
19 7
20 6
11 9
1,031.9 1,083.1 1 171 7 1 133 8 1 029 6 1 200 8 i ino n 1 142 2 1 132 2 1 026 8 1 184 2 1 192 7 1 103 9 1 260 7 1 296 5
Nonagrlcultural products total 9
do
9.7 i 10.9
Furs and manufactures
do
81
70
62
15 8
91
12 0
5 7 i 10 i
61
7 9
26 3 1 16 1
13 6
47.3
59.4
Iron and steel prod. (excl. adv. mfs.)---do
77.5
59.7
62 5
74.8
75.3
68.6
71 0
59 1
65 3
54 0
60 7
54 1
70 4
Nonferrous ores, metals, etc.:
10.1
9.5
10 0
12 9
Bauxite crude*
do
10 5
12 2
11 7
88
95
96
11 2
98
88
8 2
94
Aluminum semlmfs. (Incl. calcined bauxite)*
14.7
16.9
mil. $..
18.9
20.5
24.0
18 7
17 6
17.8
17 6
17 1
17 8
17 9
17 0
17 7
14 8
121.6
20.8
28 3 i 26 1
26.6
20 2
23 7
25 4
Copper crude and semlmfs *
do
29 8
26 1
26 1
25 1
23 3
29 5
26 1
9.1
7
g
9.7
7.9
Tin, Including ore
-do
10 2
85
10 7
76
11 1
64
87
9 2
82
98
73
Paper base stocks
Newsprint
- -Petroleum and products
Indexes
Exports of U.S. merchandise:
Quantity
Value
Unit value
.
Imports for consumption:
Quantity
Value
Unit value
.-
--
30.0
58.0
147.1
do
-do
.do..
1
30.1
57.3
149. 1
30.5
62.5
146.4
31 9
28 7
57.7
57 9
146 5 1 132 3
34 6
66 5
149 0
31 1
58 1
135 9
32 0
68 0
164 9
31 7
56 8
1193 3
31 1
52 4
154 3
35 4
58.7
159 5
31 9
61 2
156 7
30 4
59.6
137 1
T
••34.9
65.2
144 8
1957-59=100..
- do __
__do
112
115
102
*120
*123
P102
113
116
102
119
121
102
114
116
101
130
132
102
131
134
102
135
137
101
pl31
P 135
v 103
P130
pl33
v 103
134
139
103
P137
v 140
v 102
140
143
102
130
133
102
do
do
'.- __do _
123
117
95
P127
J-122
*>96
135
130
96
132
127
97
123
118
96
141
136
96
127
122
96
132
130
98
P 128
r> 127
p 98
J> 116
v 114
p98
136
135
z>99
"134
j> 134
*>100
125
123
*>98
v 99
--
Shipping Weight and Value
Waterborne trade:
Exports (incl. reexports):!
Shipping weight
thous. sh. tons.. 11,215 13, 010 13, 573 14,846 14, 368 15, 070 14, 796 13 887
Value
mil. $.. 1,165.6 1,232.7 1,164. 7 1, 219. 2 1,164.3 1, 375. 6 1, 408. 6 1,450 0
General imports:
Shipping weight. __
thous. sh. tons.. 17,552 ' 17, 712 19, 493 19, 996 18, 394 19, 076 17, 066 rr 17, 639
Value
mil. $
983.6 1, 033. 2 1,116. 0 1, 089. 0 10490 1,163 9 1 0320 l 077 9
Airborne trade:
Exports (incl. reexports) :<!
10.4
9.1
9.6
Shipping weight
..thous .sh. tons..
9.9
10.2
11 5
10.9
11.3
119.8
120.3
Value
mil. $__ 124.3 136.5
126.3
140.4
131.5
141.9
General imports:
Shipping weight
thous sh tons
4 3
54
53
53
67.9
66.5
57.4
81.3
67.9
82.8
89.0
Value
mil. $__ 59.7
32 3
64.8
165 4
137
136
13 167 12, 034 12, 673
1,348 6 1, 334. 8 1, 384. 3
17 697
1 036 8
16, 415 17, 213
929.9 I 109 8
11 9
150.3
11.9
157.2
12.9
150.9
12.9
153.5
12.9
149.6
4 3
70.4
4 0
70.7
47
79.4
4 6
76.0
39
66.8
TRANSPORTATION AND COMMUNICATIONS
TRANSPORTATION
Air Carriers
Scheduled domestic trunk carriers:
Financial operations (qtrly. avg. or total):
Operating revenues, total 9
mil. $ _
Transport, total 9
do
Passenger
..do
Property
do
U.S. mail
do
Operating expenses (Incl. depreciation) do
Net income (after taxes)
do
Operating results:
Milesflown(revenue)
thous. .
Express and freight ton-miles flown _do
Mail ton-miles
flown
do
Passengers originated (revenue)
do
Passenger-miles flown (revenue)
mil-Express Operations
Transportation revenues
Express privilege payments
Local Transit Lines
Fares, average cash rate
Passengers carried (revenue)
Operating revenues (qtrly. avg. or total)
621.9
617.1
557.0
40.3
15.0
585.5
8.4
653 3
648.7
587.3
41.0
14.2
592.8
27.6
59, 409
45,296
13, 575
3,990
2,667
63, 828
49, 195
14 167
4,548
3,048
66, 502 67, 333 64, 335
46, 151 51, 894 52, 766
13, 002 13, 617 13, 043
4,648 5,151 4,639
3,251 3,588 3,119
.mil. $_. 295.9
229.2
do
295.9
228.6
96.3
29.9
cents_.
.mil..
mil. $..
Motor Carriers (Intercity)
Carriers of property, class I (qtrly. avg. or total):
Number of reporting carriers
Operating revenues, total
..mil. $
Expenses, total...
._
do
Freight carried (revenue)
mil. tons
570.7
566.0
509.8
37.1
14.4
551.4
1.9
r
20.1
20.5
594
576
350. 9 ' 347. 5
3954
1,343
1,286
87
20.5
533
6
5
5
20.5
534
20.5
£60
330.3
4
634
4
628
4
561
4
44
4
4
4
4
4
3
9
0
16 7
4
596 0
646 8
640 8
579 4
4
42 0
4
15. 5
4
613 7
4
11 0
4 1 ]
66, 676
57, 797
15 033
4,917
3,165
62, 455
51, 397
13 376
4,446
2,861
65, 758
55 581
19 401
4 732
3 221
66, 274
50, 710
14 547
4,801
3,245
4
62,
4
50,
4
14
4
4,
4
863
212
051
458
2 949
105 4
31.3
20.6
630
20.7
563
20.7
590
366.8
4
67,
4
54
415
4
5
43
481
522
488
008
316
4
65, 407
4
56, 472
4
15 091
4
5, 003
4
3, 287
4
68,
4
59,
4
14
4
5,
4
022
014
823
030
3 322
96 8
27.1
20.8
581
20.8
552
20.8
585
341.1
68, 852
58 871
14 345
5,545
3 910
99 9
29.5
21.0
600
21.2
596
21.2
564
21.3
531
1,017
1, 326
1, 5304
80
tSee similar note on p. S-21.
9 Includes data not shown separately.
*New series.
Data prior to Dec. 1962 may be obtained from Bu. of Census reports.
§Excludes "special
category" shipments and all commodities exported under foreign-aid programs as Department of Defense controlled cargo.
ISee similar note on p. S-21.
S-24
September 1964
SURVEY OF CURRENT BUSINESS
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962 | 1963
Monthly
average
1964
1963
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORTATION— Continued
Motor Carriers (Intercity) — Continued
Freight carried, qtrly. index of volume, class I and
II (ATA)
average same period, 1957-59=100__ i 120. 3 1 126. 3
Carriers of passengers, class I (qtrly. avg. or total):
2138
Number of reporting carriers
-- -- 2138
136.4
Operating revenues total
mil. $_ 131.4
112.0 116.4
Expenses total
_. _ _ d o
57.2
56.6
Passengers carried (revenue)
mil..
Class I Railroads
Freight carloadlngs (AAR):
Total cars
Coal
Coke
Forest products
Grain and grain products
124 0
127 8
138
165 7
128 8
62.9
138
130 7
114 0
55.3
2,105
393
34
154
186
2,202 s 2, 913
3542
407
345
35
3190
151
3208
177
2,403
476
38
154
205
2,114
293
35
147
197
3 2, 926
3578
348
3198
3243
10
375
370
8
1, 473
10
66
54
1,207
10
114
53
1,254
3271
365
3 1, 581
7
224
50
1,248
8
223
48
1,163
3268
363
3 1, 514
97
89
90
106
104
51
93
31
100
94
90
92
103
93
50
88
28
98
95
93
100
99
92
42
123
28
97
96
100
111
'102
89
42
104
29
99
94
100
118
98
91
46
85
27
96
95
100
128
102
75
50
87
28
98
93
98
128
97
88
56
84
26
96
2,394
439
30
158
231
2,406
461
32
156
234
2,137 '32,874
3
300
582
30
3 34
135 '3190
3
228
270
2,307
464
28
147
200
2,518 32,859
3561
474
335
27
3183
155
3303
258
1,972
417
29
130
197
2,045 » 2, 645
3512
415
341
31
M96
136
3267
227
17
Livestock
do
144
Ore
do
97
Merchandise 1 c 1
- do
1,277
Miscellaneous
do
Freight carloadlngs, seas. adj. indexes (Fed. R.):f
Total
--- - 1957-59 =100. . <92
90
Coal
do
81
Coke
do
97
Forest products
do
101
Grain and grain products
do
67
Livestock
do
83
Ore
do
49
Merchandise 1 c.l
do
94
Miscellaneous do
14
147
72
1,289
8
212
63
1,161
1,444
15
205
64
1,185
325
25
3157
183
373
65
1,331 3 1, 523
10
55
53
1,081
10
50
51
1,125
493
95
88
96
102
52
84
36
95
94
100
104
94
86
51
83
36
97
91
99
90
93
97
51
81
34
91
91
97
84
95
101
43
87
34
92
92
94
78
96
105
56
104
31
92
94
90
84
97
109
50
91
33
96
97
91
89
99
111
50
89
31
101
thous. do
do
do
do
« 13
3260
8
381
Financial operations (qtrly. avg. or total):
Operating revenues, total 9
.mil. $
Freight
do
Passenger
do
Operating expenses
do
2, 360. 1 2, 389. 9
1, 997. 8 2, 036. 5
154.8
147.0
1,854.3 1,862.9
324.1
325.6
do ._. 181.6 201.4
143.0
162.9
do
Net railway operating income
Net income (after taxes)
--
93
94
75
98
112
48
81
33
93
2 398 0
2, 035. 0
157.1
1,874.1
197.1
156.1
Operating results:
Freight carried Imile (qtrly.)
bil. ton-miles. . •151.6 « 158. 9
Revenue per ton-mile (qtrly. avg.)
cents.. 51.349 « 1.310
Passengers carried 1 mile, revenue (qtrly.)-.mil-- 84,976 « 4, 624
158.2
5,225
134.1
128.6
8
2 446 6
2, 084. 2
138.6
1,893.5
304 4
248.7
225.1
2, 362. 4
2, 033. 8
134.7
1,852.3
327 6
182.5
144.2
163.4
1 300
4,315
165.3
1.284
4,110
312
313
2, 481. 4
133. 8
::::::::
:::::::: 2, 146.3
233.0
Waterway Traffic
Clearances, vessels in foreign trade:
Total U.S. ports
thous. net tons.. 14, 913
United States vessels
Panama Canal:
Total
In United States vessels
--
12, 066
2,847
15, 628
12, 786
2,842
17, 087
13, 875
3,212
17, 485
14, 331
3,154
16, 341
13, 486
2,855
16, 531
13, 433
3,098
16, 686
13, 618
3,068
15, 454
12, 573
2,881
15, 204
12, 540
2,664
14,503
12, 054
2,449
14,960
12, 319
2,641
5,490
855
5,454
780
5,924
862
5, 641
837
5,702
1,000
5,925
968
5,399
722
5,691
708
5,832
613
6,187
906
6,269
965
5,912
866
6,166
1,022
5,902
1,100
6,062
877
9.35
61
112
9.37
60
109
8.75
'56
107
9.60
59
104
9.56
63
107
10.24
68
109
9.82
58
101
8.90
47
107
9.09
57
105
9.26
60
109
8.87
59
108
9.86
67
116
9.18
62
119
9.83
64
113
9.10
59
112
969
62
107
195
191
125
103
76
2,737
218
216
130
110
88
2,779
295
333
155
131
100
7,504
391
283
169
140
78
7,705
271
207
173
134
65
3,278
219
186
144
123
56
2,331
174
146
118
103
40
1,104
158
161
112
116
47
661
173
172
112
87
71
686
179
193
102
88
81
790
218
206
123
101
121
1,000
211
214
148
104
147
1,276
226
253
161
151
135
2,267
271
112
8,067
86
726
mil..
thous. $.. 12,076
629
10, 477
do
thous Ig tons
do
Travel
Hotels :
Average sale per occupied room
dollars..
Rooms occupied
% of total
Restaurant sales index
same mo. 1951 =100_Forelgn travel:
U S piti/ens ° Arrivals
Aliens: Arrivals
_
Departures
Passports Issued and renewed
_
National parks visits
Pullman Co. (qtrly. avg. or total):
Passenger-miles (revenue)
Passenger revenues
thous
do __
do
do
do
147
' 5, 056
556
9,500
608
10, 457
600
9,288
598
10, 065
172
COMMUNICATIONS
Telephone carriers :
Operating revenues 9
__mil. $._ 792.6
440.0
Station revenues
do_.
270.4
Tolls, message
do
468.2
Operating expenses (before taxes)
do
139.6
Net operating income _
do
70.8
Phones in service, end of year or mo
miL_
Telegraph, cable, and radiotelegraph carriers:
Wire-telegraph :
Operating revenues
.
thous. $_. 22, 010
20, 197
Operating expenses, incl. depreciation
do
582
Net operating revenues
do
Ocean -cable:
Operating expenses, incl. depreciation
Net operating revenues
Radiotelegraph:
Oneratin? revenues
Operating exoenses incl depreciation
Net operating re venues ...
845.6
465.4
289.7
495.7
152.3
73.7
849.5
463.1
295.1
486.8
164.2
72.3
861.4
465.6
304.4
495.1
158.1
72.5
844.2
468.0
283.2
489.8
158.2
72.9
879.0
477.3
309.1
523.4
156.1
73.2
856.8
475.2
286.3
500.5
155.4
73.4
881.8
480.0
308.7
539.8
150.1
73.7
881.1
481.7
305.3
520. 2
154.9
74.0
862.2
480.6
286.0
501.7
163.4
74.2
892.1
485.5
311.2
530.9
156.0
74.5
898.8
489.4
313.0
532.3
165.9
74.9
903.1
490.0
315.7
525.0
167.4
75.1
912.3
494.6
318.9
531.3
169.2
75.3
23, 902
21, 094
1,680
23, 834
21,264
1,348
24, 964
21,275
2,590
24, 378
20, 700
2,597
25, 452
21, 527
2,983
23, 676
20, 603
2,368
25, 550
21, 324
3,663
24, 449
22,213
834
23, 283
21, 020
872
25, 181
21,715
2,075
24, 876
21,812
1,697
24, 708
22, 181
1,085
26, 020
22, 799
1,886
do
do
3,013
2,542
153
3,065
2,495
219
3,201
2,575
245
3, 064
2,627
99
2,949
2,330
291
3,424
2,560
509
2,859
2,186
370
2,950
2,271
156
3,138
2,403
361
2,814
2,284
98
3,106
2,286
475
3,012
2,403
245
3,030
2,317
328
3,172
2,381
427
do
do
do
4,675
3,676
816
5,077
3,882
982
5,117
3,926
974
5,034
3,721
1,096
5,069
3,822
1,015
5, 546
4,028
1,333
5,525
4,158
1,195
5,654
4,339
1,054
5,901
4,448
1,222
5,505
4,274
998
5,752
4,336
1,192
5,831
4,251
1,345
5,774
4,379
1,167
5,961
4,598
1,152
r
2
Revised.
1 Annual index.
Number of carriers filing4 complete reports for 1962
and 1963.
3 Data cover 5 weeks; other periods, 4 weeks.
Based on unadjusted data.
* Quarterly average.
t Revisions for 1962 are in the Aug. 1963 SURVEY.
9 Includes data not shown separately.
September 1964
S-25
SURVEY OF CUEEENT BUSINESS
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
| 1963
Monthly
average
1964
1963
July
Aug.
Sept.
Oct.
Nov.
Dec.
Apr.
Mar.
Feb.
Jan.
May
June
July
Aug.
CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Inorganic chemicals, production:
Acetylene
mil. cu. ft
Ammonia, synthetic anhydrous (commercial)
thous sh. tons
Carbon dioxide, liquid, gas, and solid
do
Chlorine gas (100% Cb)
do
Hydrochloric acid (100% HC1)
do
Nitric acid (100% HNOj)
do
Oxygen (high purity)
mil cu ft
Phosphoric acid (100% PjOs)
thous sh tons
Sodium carbonate (soda ash), synthetic (58%
NazO)
thous sh tons
Sodium bichromate and chromate
do
Sodium hydroxide (100% NaOH)
do
Sodium silicate (soluble silicate glass) , anhydrous
thous sh tons
Sodium sulfates (anhydrous, refined; Glauber's
salt' crude sal t cake)
thous sh tons
Sulfuric acid (100% Hi 804)
do
Organic chemicals, production :cf
Acetic acid (synthetic and natural)
Acetic anhydride
Acetylsalicylic acid (aspirin)
Creosote oil
mil Ib
do
do
mil. gal
1,103
1 148
1 123
1 145
1 126
484.1
85.3
428.6
87.7
280.8
8,661
203.9
553 8
88 7
454 0
87 3
349 7
10 768
241 7
537 3
108 5
452 2
87 2
304 0
10 685
204 4
528 4
107 7
88 4
325 5
10 140
909 5
528 4
90 5
454 4
85 5
336 4
10 439
238 6
383.9
10.6
453.6
390 1
10 9
474 7
392 6
10 7
476 8
399 3
11 0
495 5
375 2
8 9
472 4
42 6
36 7
45 3
51 0
52 6
95 4
100 2
102 6
1 597 0 1 687 3 1 666 2
1 flfi ^
107 7
1 8°ifi 7
1 700* A
46.1
46 0
99.5
1,641. 8
100 5
1,744 7
82.2
103.5
87 4
105.8
2.3
7.6
Imports, total semimanufactures* 9 _
Ammonium nitrate
Ammonium sulf ate
Potassium chloride
Sodium nitrate
_ __
do
do
do
do
do
Potash deliveries (K»0)
_
do
Superphosphate and other phosphatic fertilizers
(100%P a 0 5 ):
Production
thous. sh. tons
Stocks, end of month
_
__ do
1Q7
K
KQfi
QO
Q
an ^
JfiQ n
47O, Q
Q9 8
372 7
1 n ofift
9fl1 7
4.1 ft Q
inn
4Q7 8
Q
88 4
11 5
487 9
Q ^ A.
SO K.
106 1
2 6
81
121.0
212.7
17 7
7 9
118 0
190 7
14 8
9 6
127 8
218 3
14
8
121
216
3
7
4
4
14
in
132
234
24.8
23.8
21.5
20 8
25 9
19 1
26 8
15 9
2
n
2
3
30 2
16 1
11
7
123
226
4
3
1
4
22 6
20 5
.1
1
1
1
I
1
29.3
39.5
26 3
35.6
31 7
37 1
28 7
41.4
31 4
45 3
28 5
40 9
57.7
171.5
44.4
58 1
175 7
42.8
4 8
5.3
23.9
24.0
49
177
44
5
7
2
0
0
61
181
40
5
7
7
7
8
73
180
47
7
5
3
5
5
1 252
1 233
1 271
1 204
1,196
fi07
^
7Q 9
489 fl
87 9
roq o
650 7
82 8
488 6
104 1
420 5
13 367
284 8
636 8
85 0
480 6
104 4
375 1
13 107
286 5
659 7
94 9
501 1
106 0
349 5
13 402
280 3
636 7
108.9
'482 0
100 8
306.5
12 538
259 5
620.2
116.0
483.4
96.6
341.0
12, 741
248.5
OOQ n
104 6
9.2
1 120
4flfl n
6
6
3
2
14.9
1 154
614 8
79 0
4fifi a
91 2
402 0
12 Oil
267 9
414 6
U 744
72
111
2
9
2 6
86
1 oic
405 9
1 n SQ9
o cq q
103 7
21
88
8. 2
13.9
DDT
mil. Ib
8.5
Ethyl acetate (85%)
do
119.5
Ethylene glycol
do
199.8
Formaldehyde (37% HCHO)
do
Glycerin, refined, all grades:
20.8
Production
- do
32.7
Stocks end of month
do
Methanol:
.1
Natural
.
mil. gal_
28.0
Synthetic
do
Phthalic anhydride
_mil. lb__ 35.6
ALCOHOL
Ethyl alcohol and spirits:
52.4
Production
mil tax gal
151. 4
Stocks end of month
do
42.4
Used for denaturation
do
5.3
Taxable withdrawals
do
Denatured alcohol:
22.9
Production
mil wine gal
23.0
Consumption (withdrawals)
do
3.9
Stocks end of month
do
FERTILIZERS
602
Exports, total 9
thous. sh tons
67
Nitrogenous materials
do
448
Phosphate materials
do
71
Potash materials.do .
84 7
1
KAO
1
0
2
4
2.4
83
107
2
7
4fiQ 0
1 90S
58 7
IfiQ
Q
43 9
58
9cq 7
n
o
4Q7 °.
49 ^
1 AC
-I
1 ocq -I
8
0
9 4
9 4
1 9°. 4
220 4
30 0
99 9
1
•30 o
39 5
CO Q
m
q
45 5
4 q
3.0
23 1
23 4
33
23 g
24 3
2 8
625
55
487
59
720
40
547
76
668
60
513
64
696
43
557
81
670
81
qCM c
484 2
419 1
11 4
514 3
415 3
11 7
507 3
435 1
12 3
534 4
419.5
11.2
503.7
394.4
11.4
508.9
41 4
40 9
53 1
53 7
52 3
44.5
36.4
83
701
64
517
88
166
18
20
39
36
205
21
20
73
34
127
12
13
58
13
232
18
6
75
46
207
19
21
111
14
244
21
27
98
31
188
27
11
52
35
900
197
227
* 150
290
161
258
235
425
269
419
205
428
246
456
247
441
291
446
10 5
102.9
107.8
109 2
116 1
108 3
106 3
103 2
1 868 4 1 853 7 1 983 5 2,016 2 1 980 9 1,859.1 1,750.2
96.2
111.6
Ill 8
2 8
82
04
101
2
7
n
6
6
1
93
125
2
8
4
4
7
4
82 9
109 2
2 7
87.5
106.5
9.1
88 5
115 2
2 1
10.6
2.5
9.8
10.7
11 4
88
121 8
207 0
12
10
109
203
8
8
1
0
13 3
9 4
138 8
219 5
11 3
7 4
129 3
237 7
13.0
8 0
116 9
225.2
'12.1
11.9
' 155. 3
' 229. 5
154.1
211.4
29 1
22 3
26 3
25 4
28 5
27 6
28 5
26 5
23.7
27 7
'28.0
'31.5
22.9
32.0
1
29 6
37 4
1
1
.1
.1
.1
.1
29 9
36 7
30 3
44 9
33 9
49.2
34 4
49.9
31.1
48.5
32.8
44.4
8
9
9
4
54.0
189 3
46.7
5 7
'53.3
184 9
45.3
50.3
183.4
44.8
5.5
5.6
23 8
23.5
24.2
24.4
60
179
49
4
5
5
5
9
56 1
1 s°> n
44 0
4 7
53
188
43
5
2.1
11.0
5.5
26 6
26 4
32
23 7
23 1
37
23 9
24 7
2 9
25 1
24.8
3.1
3.4
3.6
622
28
458
100
668
39
534
59
704
68
495
94
584
55
468
33
684
63
529
50
827
47
660
60
779
39
592
75
20
11
65
39
255
20
14
117
32
253
16
29
93
30
292
17
36
126
22
376
19
43
150
63
173
17
11
65
22
180
11
7
34
50
124
14
4
42
18
162
189
374
233
369
424
254
66
151
282
462
294
490
304
452
327
443
336
383
337
249
307
249
'272
'349
247
408
22 0
22 0
2 8
25 6
25 6
2 8
23 6
24 5
2 0
onq
4.87
94 8
402 6
1 9 901
97q c
381 2
93
490 2
Q9 °.
m9 fin
76 0
4K.fi ft
94
*>
23 8
33
66
K94
66
MISCELLANEOUS PRODUCTS
Explosives (Industrial), shipments, quarterly:
1306
Black blasting powder
thous. lb_
277,199
High explosives. ._
do
Paints, varnish, and lacquer, factory shipments:
152.7
Total shipments __
mil. $
89.8
Trade products
do
62.9
Industrial
finishes
. ~ do
Sulfur, native (Frasch) and recovered:
M90
Production
. . thous. Ig. tons4,832
Stocks (producers'), end of month.. _
__do
PLASTICS AND RESIN MATERIALS
Production:
13.2
Cellulose plastic materials. _
mil. lb_.
Thermosetting resins:
345.7
Alkyd resins
do
Coumarone-indene and petroleum polymer
3
resins
mil. lb__ 3 29.0
17.7
Polyester resins
do
3
57. 5
Phenolic and other tar acid resins
do
3
40. 7
Urea and melamine resins.
do
Thermoplastic resins:
Styrene-type plastic materials (polystyrene)
mil. lb__ 3 106. 2
Vinyl resins (resin content basis)
do
3 130. 5
Polyethylene __
___do
168.0
1
1284
301,665
2
423
334, 018
262, 470
322 968
157.5
93.8
63.7
177.0
111 8
65 2
176.6
112 2
64 4
160 3
97 1
63 2
171 1
100 2
70 9
138.9
77 0
61 9
117 7
61 0
56 7
138 8
75 5
63 3
142.5
80.6
61.9
165.2
97.1
68.1
186.0
112.2
73.8
188.5
115 0
73.5
197.8
119.5
78.3
3486
4,875
4,931
490
476
4,880
473
4,844
491
4 743
484
4,763
495
4,760
500
4,780
499
4,786
499
4,720
513
4,686
531
4,676
4,614
2
2
12.7
10.9
12.1
12.8
14.0
13.8
12.1
11.6
13.0
15.2
13.9
12.4
13.7
46.8
47.7
43.3
47.2
40.5
37.7
44.4
44.0
48.5
49.0
'48.0
49.8
25.8
21.3
61.0
42.2
21.2
19.6
50.0
35.0
27.0
21.6
63.0
41.2
25.5
21.2
62.8
42.2
30.2
23.9
69.6
48. 5
24.9
21.2
62.0
41.5
25.9
20.4
61.7
38.0
26.0
22.7
66.3
42.8
25.0
23.9
64.0
39.6
27.6
25.4
72.6
43.1
29.8
27.2
71.5
45.9
26.2
27.0
43 4
27.1
26.7
65.5
43.1
124.3
149.3
188.2
114.3
134.0
189.8
126.6
153.7
189.3
130.1
156.5
183.3
136. 5
168. 3
202.4
133.2
160.5
200.0
127.8
153.0
210.1
132.3
150.5
210.8
136.6
158.3
208.7
146.3
173.3
210.1
144.7
174.4
217.8
149.7
176.7
226.6
147.5
170.9
215.9
r
67.3
r
183 1
115 6
67 5
505
46.5
r
2
Revised.
» Quarterly average.
Beginning Jan. 1963, the estimated totals are based
on a new and larger sample and reflect improved estimating methods, which affect comparability with data for earlier periods; Oct.-Dec. 1962 estimated totals on the new basis appear
on p. S-25 of the Feb. 1964 SURVEY.
3 Based on annual total containing revisions not
distributed by months.
195
141
323
321 379
c^Data are reported on the basis of 100% content of the specified material unless otherwise
indicated.
9 Includes data not shown separately.
*New series. Data exclude some materials (chiefly crudes) shown in the former series.
Monthly data prior to Jan. 1963 may be obtained from Bu. of Census reports.
SURVEY OF CURRENT BUSINESS
S-26
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962 | 1963
Monthly
average
September 1964
1964
1963
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
ELECTRIC POWER AND GAS
ELECTRIC POWER
Production (utility and Industrial), total O
mil. kw.-hr..
Electric utilities total
do
B v fuels
do
By waterpower
do
Privately and municipally owned util
Other producers (publicly owned)
Industrial establishments total
Bv fuels
By waterpower
Sales to ultimate customers, total (EEI)
Commercial and Industrial:
Small light and power
Large light and power
Railwavs and railroads
Residential or domestic
Street and highwav lighting
Other public authorities
Interdepartmental
82, 892
75, 156
63, 144
84, 845
76, 712
82, 437
74, 474
61, 769
12, 705
90,302
82, 260
67, 653
14, 607
90, 642
82, 328
67, 834
14, 495
84, 613
76, 701
62, 906
13, 795
87, 987
79, 595
63, 652
15, 942
84, 534
76, 392
60, 092
16, 301
87, 226
78, 894
63, 031
90, 585
64,491
12,222
15,863
68, 341
13, 953
95, 724
87, 606
73, 343
14, 263
67, 161
14, 812
61, 769
13, 387
63,181
60.837
66, 459
15, 304
62, 143
14, 558
64, 596
13, 637
15,802
67,024
13, 531
14,999
62, 204
14, 188
64, 155
14, 739
67, 960
14, 334
72, 645
14, 961
7,887
7,665
7.735
7,533
7,963
7,722
222
202
8,133
7,917
215
73, 018
72, 079
15,097
33, 081
15, 639
33, 871
351
19, 752
551
1,673
163
358
20, 690
591
1,707
161
78, 624
71, 026
57, 003
14, 024
83, 991
76, 167
62, 379
13, 788
81,000
do
do
57, 725
13, 301
do
do
do
7,597
7,313
284
do
64, 674
69, 234
70, 509
do
do
12,008
31, 160
13, 387
32, 856
14,938
do
do
do
do
do
393
18 868
612
1,529
104
389
20, 141
646
1,683
133
88, 703
89, 861
66, 827
14, 173
68, 440
13, 533
62. 095
14, 073
66, 287
14, 713
7,824
7,555
7,703
7,474
270
229
81,973
12,012
82,294
8,042
7,770
7,912
7,621
291
8,142
8,332
8,027
8,292
8,045
8,118
272
8,313
8,019
294
8,392
8,075
241
317
335
305
246
226
69,516
68, 309
71, 364
75, 196
72, 724
72, 692
71, 549
71, 065
72, 775
33, 790
13, 706
34, 279
13, 095
33, 463
1 14, 327 115,551
14, 093 H4, 165 i 14,061 H4,121 114,034
1
32, 593 132, 993 132,330 133, 330 33, 643 i 34, 459 34, 675
348
20, 356
631
1,706
152
373
18, 553
691
1,776
138
378
18, 793
735
1,719
126
452
21, 630
773
1,716
108
439
24, 932
780
1,769
118
436
23, 295
711
1,774
118
409
22, 301
693
1,707
130
7,807
384
20,982
641
1,721
143
368
19, 431
613
1,712
156
7,892
366
19, 639
589
1,780
174
Revenue from sales to ultimate customers (Edison
Electric Institute)
mil $ 1, 085. 4 1, 141. 4 1,167.3 1,200.7 1, 187. 8 1, 136. 2 1,119.0 1, 161. 7 1, 217. 2 1, 184. 5 1, 169. 0 1,153.0 1, 145. 9 1,178.5
GAS
Manufactured and mixed gas (quarterly): eft
Customers, end of quarter, total 9
thous..
Residential
.
_
do _.
Industrial and commercial
do
Sales to consumers, tota!9
Residential
Industrial and commercial
1,922
1,800
122
1,533
1,432
100
1 197
1,114
83
1 196
1,111
84
1,197
1,112
84
530
370
157
502
346
153
214
100
112
424
111
145
667
480
184
67.3
51.3
15 7
60.9
46.1
14 6
26 6
16.9
9 6
47 8
34.7
12 9
75 3
57.0
17 9
thous.- 32,674
do
30,014
do
2,624
33, 893
31, 128
33, 989
3 1, 286
mil. therms. . 25, 045
do . 8,466
do
15, 321
mil. therms. .
do -.
_do
Revenue from sales to consumers, total 9
Residential
Industrial and commercial
Natural gas (quarterly) :o"t
Customers, end of quarter, total 9
Resi den ti al
Industrial and commercial
..
mil. $do ..
do
34, 799
31, 929
35, 104
32, 201
2,666
2,832
2,866
26, 321
19 504
25, 866
16, 263
15, 297
16, 465
37, 972
17 093
19, 082
Revenue from sales to consumers, total 9 ..mil. $. 1,541.3 1, 613. 2
Residential
do
847.7 880.3
Industrial and commercial
do
687.5
651.0
1, 002. 5
401 7
561.8
1, 596. 5
848 6
2, 533. 0
1, 563. 0
Sales to consumers, tota!9
Residential
__ __ _
Industrial and commercial
2,727
8,748
__
2,966
8,097
907.2
702.5
FOOD AND KINDRED PRODUCTS; TOBACCO
ALCOHOLIC BEVERAGES
Beer:
8 07
Production
mil bbl
8 39
10 83
Taxable withdrawals
do
7 60
7 82
10 22
Stocks, end of month
_
do
10 46
10 76
11 70
Distilled spirits (total):
12 90
Production
mil tax gal
12 50
6 82
Consumption, apparent, for beverage purposes
21 14
21 58
mil. wine gal
19 98
Taxable withdrawals
mil tax gal
10 27
10 34
9 25
Stocks, end of month
do
882 72 876 90 878 48
3 82
3 60
Imports
mil proof gal
3 49
Whisky:
9.41
8.74
Production
mil. tax gal
3 40
Taxable withdrawals
do
7 18
7 08
5 63
Stocks, end of month
do _. 859. 13 852. 54 855 34
2 99
3
35
Imports
mil. proof gal
3 18
9 38
9 26
11 18
7 42
7 37
10 72
7 93
7 95
10 19
6 85
6 73
9 85
7 31
7 Q5
9 67
7 63
6 74
10 08
7 509
6 4
10 68
8 95
7 go
11 30
9 63
8 49
11 82
9 28
8 73
11 77
8 52
9 42
15 99
13 39
14 18
13 89
13 51
14 06
14 51
r 13 38
20
10
874
3
12
02
49
35
19
11
869
3
46
11
81
94
24
14
867
5
45
57
44
71
25
11
865
5
5
6
851
2
06
46
80
92
5
8
846
3
80
02
88
38
10
10
843
5
13
85
02
04
8
8
840
4
Rectified spirits and wines, production, total
7.24
mil. proof gal. . 7.20
6 23
6 73
Whisky
do
5 19
5 33
4 62
4 42
Wines and distilling materials:
Effervescent wines:
Production
..
mil. wine gal-.37
.40
21
36
Taxable withdrawals
do -_
.32
.35
31
22
Stocks, end of month
.
do
2 79
3 29
3 00
3 28
Imports
do 09
09
05
05
Still wines:
Production
do _- 15.78
16 85
2 01
3 04
Taxable withdrawals
.do ._ 12.52
13.11
12 84
9 57
Stocks, end of month
do
178. 86 185. 04 134 11 120 84
Imports
do 1 11
97
1 08
1 00
Distilling materials produced at wineries^— do
31.27
39.39
9.98
8.38
30
8
870
4
92
56
00
87
18
9
871
3
49
34
77
03
18
9
873
3
43
53
19
07
21
10
874
3
84
51
44
62
21
11
874
3
08
46
54
84
49
38
03
83
9
5
842
4
99
91
40
19
10 38
6 46
844 01
1 57
10
6
854
1
27
73
14
77
10
7
846
3
36
05
10
23
10
7
846
3
12 79
27
91
27
71
22
10
873
4
03
98
92
16
3 27
95
50
91
42
9 44
7 05
846 76
1 48
8
6
846
3
46
56
81
71
2 85
22
10
874
3
r
7 74
5 68
10 88
8 35
8 15
6 24
5 87
4 15
6 35
4 33
6 27
4 51
7 24
5 18
7 85
5 68
7 38
5 16
7 27
4 92
34
39
3 21
09
45
54
3 07
18
37
57
2 86
14
44
59
2 65
15
43
34
2 71
06
48
27
2 88
06
63
34
3 14
08
53
33
3 31
08
38
36
3 30
09
68
43
3 49
09
07
4 76
47
07
13 71
05 229 08
1 18
47
2 73
13 57
213 89
79
2 97
13 76
201 61
1 57
3 40
15 96
185 83
1 10
2 19
13 80
175 68
90
1 84
12 86
164 18
1 16
1 92
13 25
150 88
1 21
1 02
18.48
5.10
8.38
6.15
1.79
1.51
.86
45 439
12 5
155 87
1 07
108 68
15 56
246 45
1 92
118.07
202.64
' Revised.
i Not directly comparable with data through 1963. Comparable figures for
Jan.-June 1963, respectively (mil. kw.-hr.): Small light and power—12,609; 12,535; 12,617;
12,577; 12,889; 14,084; large—31,105; 30,442; 31,440; 31,753; 32,496; 32,723.
©Revisions for Jan.-Dec. 1962 appear on p. 24 of the Mar. 1964 SURVEY.
39
36
87
37
10 31
9 48
11.93
21
14
249
1
70.11
averages shown for gas are quarterly averages.
{Revised data for 1st and 2d qtrs. of 1962 appear in the Sept. 1963 SURVEY.
9 Includes data not shown separately.
Aug.
S-27
SUEVEY OF CURRENT BUSINESS
September 1964
1962 | 1963
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1964
1963
Monthly
average
July
Sept.
Aug.
Oct.
Nov.
Jan.
Dec.
Feb.
Mar.
Apr.
June
May
July
Aug.
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
DAIRY PRODUCTS
Butter, creamery:
Production (factory) t
Stocks coM storage end of month
Price, wholesale, 92-score (N.Y.)
Cheese:
Production (factory), total J
American, whole milkj
mil. lb_.
do
$ per lb_.
128.1
363.4
.594
328.4
mil. Ib
_do
132.1
91.1
r
463.4
420.4
6.5
.400
Stocks cold storage,, end of month, total
do
American whole milk
do
Tm ports
do
Price, wholesale, American, single daisies (Chicago)
- -$perlb__
Condensed and evaporated milk:
Production, case goods:!
Condensed (sweetened)
mil. lb_
Evaporated (unsweetened)
do
Stocks, manu acturers', case goods, end of m p.:
Condensed (sweetened)
mil. Ib
Evaporated (unsweetened)
do
ExDorts:
Condensed (sweetened)
do
Evaporated (unsweetened)
do
Price, Tnanuf acturers' average selling:
Evaporated (unsweetened)
$ per case
Fluid milk:
Production on farms.
mil. lb_.
TTtili^ation in mfd dairy productsc?
do
Price wholesale U S average . ..-$ per 100 lb__
Drv milk:
Production:!
Drv whole milk
mil Ib
Nonfat drv milk (human food)
do
Stocks, manufacturers', end of month:
T)rv whole milk
do
Nonfat drv milk (human food)
do
Exnorts:
Drv whole milk
do
Nonfat drv milk (human food)
do
Price, manufacturers' average selling, nonfat dry
milk (human food)
$ perlb
GRAIN AND GRAIN PRODUCTS
Exports (barley corn oat*! rye wheat) mil bu
Barley:
Corn:
Production (crop estimate, grain only) mil. bu
Orindings, wet process..
do
Stocks (domestic), end of quarter, 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., 6 markets, all grades
do
Stocks (domestic), end of quarter, total. .
On farms
Off farms.
114.1
392 6
.587
95 2
367 0
.590
85 5
328 7
.603
91 8
284 5
.596
91.9
241 3
.593
111.6
207 0
.593
128.8
187 1
.587
123.5
191 2
.587
139.4
191 0
.586
142.7
195 7
.586
153.5
142.9
.587
.587
.591
150 4
109. 8
139 8
99 7
127 0
86 6
122 5
81 6
115.7
73.7
124 5
78.3
125.9
82.4
124 0
81.4
145.8
96.5
151.8
106.5
176.4
128.3
175.3
128.1
151.0
108.7
385.0
344.9
6.9
439 9
394 8
435 2
390 6
407 9
363 9
378 2
336 9
323 7
363.3
340.7
318.1
279 2
301.6
263 7
301.7
264 0
3.8
5.1
9.7
4.6
8.5
323.1
284 0
7.5
301.6
6.4
352.2
309.7
7.0
339.2
5.4
.426
.427
.428
.428
.432
.432
.432
.430
.430
.422
.420
.420
.421
.428
6.1
6.6
9 6
175.2
6. 9
140.3
39
129.7
5.6
6.7
122.2
7.0
6.0
158.1
9 2
184.4
133.9
140.3
141.5
150.0
10.7
160.8
10.0
160.7
208.5
7.2
202.0
184.0
6.1
5.0
.590
136.1
93.4
r
r
5.7
6.6
6.6
5.9
234.9
331.8
r
r
r
110.7
243 7
10 4
243 1
6 2
231 8
5 7
199 8
6 5
150.8
58
131 7
96.8
82.6
7 3
69.7
91
82.6
10.0
147.6
9.6
208.2
9.4
249.7
4.0
5.5
5.0
5.2
5 2
4 5
9 3
33
5 9
10.0
3.3
7 9
.3
3.8
7.0
2.9
3.3
2.5
3.0
3.1
3.4
2.4
5.2
3.0
8.6
2.7
5.4
3.0
5.4
3.3
6.11
6.01
6 00
6 00
6 00
6.00
5.99
6.00
6,00
5.98
5.98
5.96
5.94
5.93
5.93
10, 502
5,216
4.10
10, 399
10, 861
5 635
3.91
10, 130
4 983
4.08
9,558
9,205
3,900
9,706
11,007
5,655
11, 346
5,904
12, 330
6,613
3.82
11, 790
4 399
4.42
10, 066
4 922
4.34
9,842
4 183
4.29
9, 557
4 148
4.43
3.78
10, 824
5,616
3.94
7 4
182 5
81
144 8
7 6
119 4
6 3
158.3
7.6
6.6
7.8
121.4
176.9
181.0
7.4
250.2
6.6
235.6
181.5
6 5
115.9
55
99.3
82. 1
6.6
185.5
7.6
174.7
6.3
5.7
123.4
95.0
r
4.8
7.1
5.0
63.0
4.48
6.7
128.2
5.3
5.3
6.1
64.3
81.5
80.9
4 917
4.25
5.8
86.1
4.12
7.3
206.7
6.6
97.6
3.94
217.7
7.5
7.1
104.6
130.6
6,528
6.4
128.6
6.2
2.5
44.6
17
48.4
4 7
48.7
2.6
2.0
1.6
2.9
2.1
.8
1.1
.6
2.4
41.9
53.6
38.0
27.4
37.9
88.6
1.3
39.2
61.0
119.4
107.1
93.5
.148
.144
.144
.144
.144
.144
.144
.146
.146
.146
.146
.146
.146
.146
.143
96.9
103.4
98 2
84 6
92 7
115.6
125.6
130.7
123.8
112.5
123.4
126.6
96.8
91.8
!29.8
r
284. 8 3 284. 0
3 160. 8 3 165. 0
3 124. 0 3119.0
329.5
426.0
262.6
8.3
4.8
17
4.2
1.26
1.20
1.19
1.11
1.14
1.05
16.7
163 4
199.1
130.4
231.0
129.2
101.8
< 132. 7
4
59.7
4
73. 1
5.5
4.8
7.7
5.8
5.5
6.7
2.9
5.0
12.6
7.7
2.0
1 11
1.02
1 18
1.09
1.22
1.14
1.21
1.11
1.18
1.09
1.18
1.10
1.16
1.09
1.18
1.10
1.22
1.14
1.23
1.16
1.19
1.11
1.18
1.08
1.16
1.06
16.4
15.3
16.8
16.7
14.4
15,9
15.9
17.4
16.5
17.2
17.0
15.2
2 3, 640
15.7
13,637 14,082
3
15.4
4
2, 929 3 2, 705
35.5
36.6
35 6
26 6
1 316
4 514
4
801
27 8
1.11
1.08
1.24
1.20
1 32
1.26
1 32
1.25
1 35
1.26
31,807 3 1, 779
31,122
3926
1981
3628
3553
374
3621
do
do
do
2388 5
3
14.3
3,264
2,254
4,353
33.5
1.18
1.19
55.7
3 217
1, 136
54 7
46.8
1.15
1.16
1 19
1.19
1.22
1.20
2,345
1 479
33.5
1,010
33.5
42.4
35 4
28 0
32.8
1.19
1.18
1.21
1.21
1.24
1.24
1 28
1.27
1 26
1.24
1 22
1.21
866
3545
376
315
252
4 63
2.5
.9
16
12
g
.6
.2
2
.2
.2
.1
.3
7
Q
.6
.73
.68
.68
.71
.71
.72
.74
.75
.71
.68
.68
.66
.66
.65
59
52
66
54
61
45
271
62
81
46
70
84
206
89
138
187
141
82
163
184
103
109
66
42
62
55
170.1
122
85
1 25
1.23
2893
4
4
517
446
72
773
688
85
946
$33
113
.71
Rice:
Production (crop estimate)
mil. bags9 . i 66.0
California mills:
Receipts, domestic, rough
mil. Ib
126
Shipments from mills, milled rice
do...
79
Stocks, rough and cleaned (cleaned basis), end
of month___
_
mil. Ib
97
Southern States mills (Ark., La., Tenn., Tex.):
Receipts, rough, from producers.
mil. Ib..
364
Shipments from mills, milled rice... .. do
2U
Stocks, domestic, rough and cleaned (cleaned
basis), end of month.
mil Ib—
866
193
Exports
do
Price, wholesale, Nato, No. 2 (N.O.)..._ $ per Ib
.094
4.10
127.3
1.1
r
10, 177
6.8
25.5
.8
339 8
8.3
9 0
223 5
4.10
386.0
398. 6
162.9
5,099
221 1
.604
353 1
3.6
178.4
mil. bu_. i 1, 020
Exports, including oatmeal
do_
Price, wholesale, No. 2, white (Chicago) t
$perbu__
.68
272 2
132
90
78
75
192
200
168
232
143
170
105
69
74
56
438
270
115
218
836
234
1,679
1,113
332
357
377
264
295
329
329
379
192
386
123
555
148
494
71
428
58
r
355
135
306
957
220
255
245
570
97
1,340
1,235
1,710
1,592
1,447
1,197
.095
.090
.087
.088
.088
.088
746
400
.088
.088
.088
.088
531
265
088
r 372
.093
931
356
1.45
1.44
14.8
1.42
1.48
1.38
10 8
1.34
1.32
1.29
87
Rye:
Production (crop estimate)
mil. bu. 140.8 129.4
Stocks (domestic), end of quarter, total
do.
319.9
315.0
23.1
Price, wholesale, No. 2 (Minneapolis) .. $ per bu. 1 1.22 1 1.30
1.42
1.22
1.21
r
Revised.
* Preliminary.
i Crop estimate for the year.
2 gept. i estimate of 1964 crop.
s Quarterly average.
4
Old crop only; new crop not reported until beginning of new crop year (July for barley,
oats, rye, and wheat; Oct. for corn).
{Revisions are available upon request as follows: Jan. 1961-June 1962 and Jan.-May 1963
for cheese and nonfat dry milk; Jan.-June 1962 and Jan.-May 1963 for butter and condensed
evaporated, and dry whole milk.
4.0
8.4
203.5
i 436. 4 i 399. 9
Stocks (domestic), end of quarter, total
do
On farms
„..„. - do_
Off farms
do
Exports including malt§
do
Prices, wholesale (Minneapolis):
No 2 malting
$ per bu
No 3* straight
.
do
Oats:
Production (crop estimate)
118.3
197
203
357
314
419
237
088
296
122
P 088
2
453
1.28
1 . 19
34 4
1.20
cfRevised series; data reflect inclusion of creamed cottage cheese and frozen products
(formerly excluded). Revisions for 1946 and 1952-58 (former series) and 1958-62 (revised
series) appear on p. 24 of the Mar. 1964 SURVEY.
§ Excludes a small amount of pearl barley.
t Revised series (for No. 2; formerly, for No. 3).
9 Bags of 100 Ib.
September 1964
SURVEY OF CURRENT BUSINESS
S-28
1962
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
Monthly
average
1964
1963
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
GRAIN AND GRAIN PRODUCTS— Con.
Wheat:
Production (crop estimate), total
Spring wheat
Winter wheat
Distribution (quarterly total)
mil. bu_. i 1,1 094 i i 138
273 i 233
do
i 905
1821
do
3
2337
316
do
Stocks (domestic), end of quarter, total
On farms
Off farms
do
do
do
Exports total Including
Wheat only
do
do
flour
392
3
1,3 713 3 1 563
259
3 252
3
1, 453 3 1 311
49.2
43.0
59 7
53 3
Prices, wholesale:
No. 1, dark northern spring (Minneapolis)
$ perbu..
2.48
2.42
2.19
No.2,hd.anddk.hd.winter(Kans. City). do
2.20
2.41
2.33
Weightedavg 3 markets all grades
do
Wheat flour:
Production:
Flonr
thous sacks (100 lb.)__ 21, 839 21, 991
92.4
92 6
Oppratlons percent of capacity
406
Offal
'
thous. sh tons..
407
Qrindlngs of wheat
- thous. b n _ _ 49, 613 49, 976
Stocks held by mills, end of quarter
3
3
thous sacks (100 lb.)_. 4,584
4, 710
2,686
FxDorts
do
2,808
Prices, wholesale:
Spring, standard patent (Minneapolis)
SperlOOlb.. 5.909 5 639
5.621 5 365
Wlnter hard 95% patent (Kans City) do
1 941
409
1 533
329
410
306
1 613
309
1 304
1,205
153
1,052
<900
4 75
<825
21,290
2271
21,019
55 4
51 4
52 1
47 6
58 1
52 2
75 5
70 4
61 0
55 1
68 9
60 0
5 70 5
66 0
71 5
65 6
86 6
81 5
78 0
70.7
79.5
72.1
60.0
54.8
56.3
52.8
2.31
2.01
2. 12
2.26
2.03
2 19
2.36
2.09
2 29
2.43
2.20
2 37
2.39
2.21
2 34
2.37
2.23
2 31
2.37
2.24
2 31
2.32
2.23
2 27
2.25
2.17
2 19
2.34
2.26
2.26
2.35
2.13
2.26
2.38
1.53
1.58
1.70
1.55
1.59
21 687
90 4
398
49 215
22, 886
95 3
425
51, 990
21, 409
97 9
400
48, 798
24, 649
98 0
459
56, 105
22 220
101 6
412
50 558
21, 399
91 8
393
48, 599
23, 519
97 5
433
53, 494
21 218
96 8
390
47, 872
21, 956
90 0
406
49, 646
22, 241 21,961 27, 057
94.3 '111.0
91.2
507
409
411
50, 226 '49,897 61,557
14, 953
58.7
283
34,215
1,702
1,937
4 516
2,570
2,232
2,550
4,823
3,878
1,912
2,527
5,843
2,183
3,127
3,191
5,354
2,249
1,540
5 388
4 967
5.013
4 900
5.550
5 283
5 725
5 467
5.738
5 450
5 538
5 233
5 538
5 250
5 563
5 300
5.313
5 150
5.600
5.400
5.478 ' 5. 783 ' 5. 983
5.250 ' 5. 333 p 5. 642
1.74
1.58
1.69
LIVESTOCK
Cattle and calves:
Slaughter (federally inspected) :
Calves
thous animals. .
CRttle
__ .do
Receipts (salable) at 27 public markets
do
Shipments feeder to 8 corn-belt States
do
Prices, wholesale:'
Beef steers (Chicago)
$perl001b__
Steers, stockerand feeder (Kansas City)— do
Calves vealers (Natl Stockyards, 111.) --do
415
1,695
1,225
595
378
1,805
1,173
551
341
1,838
1,185
342
366
1,900
1,167
468
395
1,829
1,287
717
462
2,092
1,592
1 281
385
1,793
1,283
1 133
400
1,808
1,205
578
412
2,013
1,189
525
342
1,710
969
319
400
1,878
1,141
384
379
2,045
1,139
355
321
2,070
1,082
322
385
338
2,162
2,207
1,257 ° 1,201
260
359
1,228
27.20
24.53
29.75
23.79
22.95
30.00
24.56
23.19
27 00
24.47
23.67
27.50
23.80
22.71
28.50
23.97
22.38
27.50
23.38
21.53
30. 50
22.16
20.06
30 50
22.38
21.17
31 50
21.18
21.57
34.00
21.38
21.42
31.50
21.03
20.91
26.50
20.29
19.24
27.50
23.15
21.37
18.81
18.92
23.50 * 23. 00
24.94
19.30
Slaughter ("federally Inspected)
thous animals
Receipts (salable) at 27 public markets
do .__
5,648
1,650
5,965
1,646
4 995
1,465
6,174
1,393
5 868
1,573
6,775
1,846
6,380
1,726
6,695
1,874
6,956
1, 828
5,898
1,511
6 420
1,635
6,481
1,681
5,476
1,460
5,038
1,443
4,928
1,405
1,294
15.03
17.20
16.60
15.53
15.29
14.39
13.76
14.22
14.37
14.22
13.89
14.46
15.22
15.88
16.21
13.6
14.4
14.0
12.7
14.1
13.9
12.6
13.2
13.2
12.7
12.3
12.3
12.8
' 14.2
13.9
1,163
444
200
1 201
470
122
1,204
442
223
1 236
601
428
1,441
640
457
1,112
419
213
1,105
406
122
1,296
394
146
980
294
143
1 035
304
133
1,052
319
171
986
289
215
1,056
337
154
1,118
a
343
179
385
18.69
17. 46
16.50
17.80
16.50
16.84
18.75
16.84
18.25
16.52
18.88
16.44
19.38
(7)
19.50
O
21.12
(7)
22.25
(7)
22.25
(7)
24.00
(7)
23.75
(7)
23.38
(7)
23.50
(7)
2,151
2,292
2,156
2,187
2,245
2,582
2,366
2,450
2,662
2,252
2,447
2,575
2,406
2,404
2,332
481
42
109
592
45
122
579
38
144
522
42
142
523
47
144
541
58
132
623
62
112
653
49
121
729
60
119
773
56
73
810
53
101
872
47
89
873
63
76
833
56
126
'731
49
75
Wholesale, average, all grades (Chicago)
$per!001b__ 16.44
Fog-corn price ratio (bu. of corn equal In value
16.4
t o l O O l b live hog)
- _ _ - ._. - Sheen and lambs:
1,224
Slaughter (federallv inspected) thous animals
524
Receipts (salable) at 27 public markets
do
224
'•Shipments feeder to 8 corn-belt States
do
Prices, wholesale:
19.45
Larries average (Chicago)
$ per 100 Ib
45. 57
Lambs' feeder, good and choice (Omaha) .do
6
0
MEATS AND LARD
Total meats:
Production (carcass weight, leaf lard In), Inspected
slaughter
mil. Ib
Stocks (excluding lard), cold storage, end of
month
mil. lb__
Exports (meat and meat preparations)!
do
Imports (meat and meat preparations) t
do
631
Beef and veal:
Production, Inspected slaughter
do_. 1, 046. 6 1,137.4 1. 156. 6 1,187.3 1, 136. 8 1,291.2 1, 117. 8 1, 137. 9 1, 292. 8 1, 119. 3 1, 220. 2 1,314.8 1,319.6 1, 384. 8 1,336.5
163.5
217.2
276.3
285.7
300.4 ' 296. 3 304.5
228.2
246.1
279. 5 287.6
282.1 284 5
201.0 208.8
297.5
Stocks, cold storage, end of month
do
2.3
2.3
2.9
2.1
5.0
3.5
2.7
2.8
3.2
3.9
5.7
2.4
3.8
1.9
2.5
Exports
-_ - do
79.0
92.0
99.6
66.4
105.7
90.6
89.3
51.9
66.3
122.0
89.8
53.1
110.1 115.7
Imports
do
71 4
Price, wholesale, beef, fresh, steer carcasses, choice
.464
.417
.391
.379
.424
.422
.404
.372
.408
.420
.426
.417
.381
.384
(600-700 Ibs.) (New York)
$perlb.398
.378
Lamb and mutton:
57.9
55.6
53.6
48.3
57.4
52.5
49.6
48.2
55.7
67.3
53.2
51.0
Production, inspected slaughter
mil. lb_.
63.9
52.5
55.0
14.3
19.5
16.3
16.2
18.6
18.4
17.2
16.4
18.2 '17.3
19.8
18.0
Stocks cold storage, end of month
do
19.9
17.8
18.3
18 3
Pork (Including lard), production, Inspected slaugh1,046.5 1, 099. 0 944.2
943.5 1,050.6 1, 223. 4 1, 195. 7 1, 259. 2 1, 305. 6 1, 082. 8 1, 174. 7 1, 206. 5 1, 038. 1 970.9
944.4
ter
mil Ib
Pork (excluding lard) :
856.6
806.0
731.4
735.3 823.7
798.4
959.3 939.2
914.5 940.9
743.6
Production, Inspected slaughter _
do _
987.4 1,017.1 854.4
733.6
279.2
235.9
Stocks, cold storage, end of month
do
210.4
250.2
274.0
220.0
208.9
276.7
473.6
468.8
229.8
332.8 382.3 411.2
412.9 '321.4
5.3
11.5
6.5
9.7
14.4
18.5
15.1
22.9
10.9
12.9
8.1
16.5
13 5
8.6
13 0
Exports
do
17.0
17.6
19.1
14.3
14.8
16.3
17.0
16.2
16.7
14.8
20.0
18.6
19.7
18.0
17.8
Imports
- - -do -Prices, wholesale:
8
.491
.464
.457
.452
.463
478
488
465
472
.435
480
Hams smoked composite
$ per Ib
458
423
448 P 453
.475
.443
.401
.495
.417
.395
.503
.461
.427
.413
.409
Fresh loins, 8-12 Ib. average (New York) .do
.478
.438
.498
.461
.513
Lard:
Production, inspected slaughter
- _.mil. l b _ _ 175.3
176.4
151.3
165.1
173.0
191.3
187.1
189.1
193.0
155.0
209.4
165.7
198.4
175.7
155.5
98.9
Stocks, dry and cold storage, end of mo
do-._
123.1
81.2
75.2
113.9
88.3
92.4
119.4
124.9
113.6
105.7
125.2 '96.3
116.3
98.1
35.2
44.8
35 2
53 2
52 3
Exports
-do
52 4
47 6
62 7
51 6
72 8
64 8
32 7
91 1
51 9
Price, wholesale, re fined (Chicago)
$per lb._
.125
.122
.126
.118
.123
.131
.125
.131
.128
.130
.125
.131 p. 130
.143
.130
8
' Revised.
f Preliminary.
Monthly average based on 11 months (Feb.-Dec.).
1
2
3
Crop estimate for the year.
Sept. 1 estimate of 1964 crop.
Quarterly average.
J Revised effective Jan. 1961 in accordance with the Standard International Trade Classi4 Old crop only; new grain not reported until beginning of new crop year (July for wheat).
fication (SITC) grouping of items; this grouping excludes lard (included in former export
6
Beginning Jan. 1964, flour included in total is converted to grain equivalent on basis of
series) and sausage casings (formerly included) but includes meat extracts, etc. (formerly
2.33
bu. of wheat to 100 Ib. of flour (2.3 bu. formerly used).
excluded). Data for Jan. 1961-Aug. 1962 are available upon request. ° Beginning July
6
7
Average based on months for which quotations are available.
No quotation.
1964, data are for 26 public markets. Comparable data for July and Aug. 1963 are as follows
(thous.): Cattle etc., 1,154; 1,137; hogs, 1,461; 1,388; sheep, etc., 463; 437.
SURVEY OF CURRENT BUSINESS
September 1964
1962 | 1963
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in t he 1963
edition of BUSINESS STATISTICS
Monthly
average
S-29
1964
1963
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
POULTRY AND EGGS
Poultry:
Slaughter (commercial production). ._ mil. lb__
Stocks, cold storage (frozen), end of month, total
mil.lbTurkevs
do
Price, in Georgia producing area, live broilers
$ per lb__
Eggs:
Production on farms
mil cases©
Stocks, cold storage, end of month:
Shell
thous cases O
Frozen
mil Ib
Price, wholesale, extras, large (delivered; Chicago)
$ per doz__
578
604
306
199
295
184
193
101
256
155
363
251
490
361
426
288
364
217
359
215
320
188
273
151
.144
.138
.137
.137
.130
.134
.138
.128
.139
.141
14.6
14 6
14 2
13 6
14 3
14 2
14 7
14 8
186
82
132
73
236
108
206
105
154
95
137
80
111
68
67
55
.334
.343
.321
.337
.395
.375
.376
23.8
.208
23.5
.253
14.4
.245
16.7
.245
19.3
.256
19 3
.276
13 8
.255
14 5
1
641
701
735
833
688
552
569
611
635
241
123
219
100
211
89
'227
' 102
273
147
.140
.135
.130
.135
.145
.140
14 4
16 0
15 7
16 0
15 0
14.9
14.5
137
44
78
40
Qfi
46
81
62
171
86
201
106
' 184
114
121
108
.372
.387
.320
.326
.290
.276
.293
.326
.381
21 0
.261
26 7
.263
23 9
.233
29 4
.236
16 8
.220
17 6
'.228
22.2
.224
18.4
.235
.228
636
459
494
541
MISCELLANEOUS FOOD PRODUCTS
Cocoa (cacao) beans:
Imports (incl. shells)thous. Ig. tons..
Price, wholesale, Accra (New York)
$ per lb._
Coffee (green):
Inventories (roasters', importers', dealers'), end
of quarter
thous bagscf
Roastings (green weight), quarterly total do
Imports, total
do
From Brazil
do
Price, wholesale, Santos, No. 4 (New York)
$per lb__
Confectionery, manufacturers' sales
__ mil $
Fish:
Stocks, cold storage, end of month
mil. lb._
Sugar:
Cuban stocks, raw, end of month
thous. Spanish tons.
TJnlted States:
Deliveries and supply (raw basis) :§
Production and receipts:
Production
thous sh tons
Entries from off-shore, total?
do
Hawaii and Puerto Rico __
do
Deliveries, total ?
do
For domestic consumption
do
Stocks, raw and refined, end of month do
Exports, raw and refined
sh tons
ImportsRaw sugar, total?
thous. sh. tons._
From Republic of the Philippines
do
Refined sugar, total
do
Prices (New York) :
Raw, wholesale
Refined:
Retail (incl. N.E. New Jersey)
Wholesale (excl. excise tax)
Tea, Imports
» 3, 355
5, 669
2
2
3,
2
922
5, 704
4 008
5 074
4 726
6 306
4 216
5,016
4 366
6? 645
2,041
758
1,986
772"
1,957
790
1 888
745
2 167
908
2 486
949
2 181
1 026
2 143
982
1 977
718
1 970
591
2 476
1 006
2 460
843
1 597
302
1,344
399
1,552
441
.344
105
.345
110
.338
75
.335
95
.335
154
.353
148
.380
133
.380
119
.480
129
.465
120
.505
109
.500
104
.490
89
.485
87
.475
76
.472
180
206
219
230
236
243
249
244
220
178
163
156
162
177
'200
210
1,424
947
1,158
550
465
275
175
25
130
625
1 345
1 835
1,695
1,370
1,380
273
550
166
314
540
159
64
451
246
98
516
179
146
230
98
750
424
150
938
241
94
939
124
56
595
1 213
78
305
224
108
197
371
228
120
348
223
66
399
216
45
723
244
628
224
821
813
1,599
836
832
1,675
807
799
1,504
921
917
1,273
960
958
1,023
968
967
1,273
639
637
1,920
952
950
2,487
642
641
2 579
583
582
2,581
701
700
2 533
732
731
2 341
765
764
2,185
919
918
1,866 p 1, 496
259
342
486
186
154
209
1 127
352
585
785
571
367
407
396
231
359
102
25
359
91
14
419
118
8
404
133
5
383
101
342
351
90
19
214
9
19
423
94
14
163
68
2
92
11
2
226
89
^
205
42
3
340
127
1
293
77
5
367
170
11
.082
.073
.074
.068
.066
.062
p. 092
.065
.081
.077
.065
.073
.092
.095
.084
.095
$ per 5 Ib
$ per Ib
.569
.089
.688
.111
.803
.121
.753
.108
.681
.099
.675
.114
.750
.127
771
.122
769
.125
774
.118
737
112
722
.105
696
.102
668
'.092
thous. Ib
10, 808
10, 503
9,493
7,717
11,011
13, 439
10, 571
8,851
10, 823
10, 627
12 377
13, 982
11, 552
10, 409
10, 392
224.0
211.1
186.7
211.4
214.5
258.1
228 8
203 0
207 1
209 8
213 0
216 3
221 4
233 8
182 2
173.5
132.3
115.5
112.0
103.7
103.4
104.2
119.3
114.2
113.4
113 9
116.5
122.1
131.1
117.2
211.0
191 0
197.2
190 5
183 9
187 5
177 0
183 2
175 6
235 1
238 8
245.0
248.7
292.5
258.2
210.2
160.0
145.1
137.5
143.8
145.4
125.2
136 7
148 6
161.3
147 9
163 1
181 4
39.0
45.8
40.8
41.7
40.8
44.1
40.8
36.4
.256
.238
.238
.238
.238
.238
.238
42.5
36.5
42.8
37.7
$ Derlb__
Baking or frying fats (incl. shortening):
Production
__
mil Ib
Stocks (producers' and warehouse), end of month
Salad or cooking oils:
Production
do
Stocks (producers' and warehouse), end of month
mil. ib_.
Margarine:
Production
_
do
Stocks (producers' and warehouse), end of month
mil. lb._
Price, wholesale (colored; mfr. to wholesaler or
large retailer; delivered)
$ per lb_
199 9
m
A
201 0
207 4
124.7
119 5
126.2
129.0
120.7
104.7
159 4
159 8
150 2
138 4
134 3
136 5
42.7
46.7
52.0
48.6
50.6
47.2
44.4
.238
.238
.238
.238
.238
.238
.238
p. 238
38.5
28.8
41.3
30.2
46.3
37.2
41.9
37.3
44.6
39.2
49.6
42.0
45.9
40.4
41.9
34.9
.062
FATS, OILS, AND RELATED PRODUCTS
Animal and fish fats: A
Tallow, edible:
35.8
Production (quantities rendered)
mil. lb_.
38.7
41.4
45.4
39.7
30.7
Consumntion in end products
do
35.9
33.6
39.5
35.9
Stocks (factory and warehouse), end of month
25.7
47.4
mil lb
41.3
39.1
33.9
m
„
,,
,
,
Tallow and grease (except wool), inedible:
287.8
Production (quantities rendered)
do
317.2
309.2
330.5
304.5
150.6
Consumption in end products
do
127.4
150.7
157.5
145.6
Stocks (factory and warehouse), end of month
349.3
385.9
354.6
333.6
_,. .
,
, n
mil. lb_. 384.7
Fish and marine mammal oils:
Production^
_„
do
21.3
15.3
29.4
34.2
19.8
Consumption in end products
do
8.2
7.4
8.4
7.0
7.0
Stocks (factory and warehouse), end of month
mil. lb- 144.0 e 166. 5
165.0
176.5
181.5
'2 Revised, f Preliminary, i Beginning Jan. 1963, includes data for Alaska and Hawaii.
Quarterly average.
3 Effective Sept. 1963, includes5 small amounts of refined sugar,
tinctured, colored, or adulterated.
4 ^ot available.
Beginning Jan. 1964, data are not
comparable with those for eailier periods; consumption for feed now based on Tenderers'
shipments instead of feed mill reports.
6 Beginning March 1963, includes 7General Services
Administration stocks no longer required for the strategic stockpile.
Includes a significant amount described as "contaminated."
29.8
29.0
35.6
35.7
36.4
37.4
38.5
38.7
37.8
35.5
350.3
167.0
327.3
140.1
319.9
141.8
363.3
s 183. 6
336.4
173.2
335.3
161.8
366.0
173.8
361.0
178.3
351.3
' 193. 0
346.4
159.9
353.0
372.8
386.2
387.3
421.5
395.9
395.9
331.1 ' 331. 9
14 2
8.1
10 0
7.2
61
6.5
7
6.5
2
6.9
3
6.9
35
7.6
29 4
6.8
r 40 2
'7.0
314.7
31 8
5.9
159.0 7 197.1 ' 7 168. 4 7 129. 8 110.5
95.5
99.4
113.2 ' 124. 6 136.2
O Cases of 30 dozen.
d^Bags of 132.276 Ib.
9 Includes data not shown separately; see also note "§
§ Monthly data reflect cumulative revisions for prior periods.
AFor data on lard, see p. S-28.
tRevisions for Jan.-June 1962 appear in the Sept. 1963 SURVEY.
SURVEY OF CURRENT BUSINESS
S-30
1962
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1963
Monthly
average
September 1964
1964
1963
July
Sept.
Aug.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
25.2
38.0
'58.7
32.6
46.2
61.1
Aug.
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
FATS, OILS, AND RELATED
PRODUCTS— Continued
Vegetable oils and related products:
Coconut oil:
Production :
Crude
mil lb
Refined
do__
Consumption in end products
__do_
Stocks, crude and refined (factory and warehouse) end of month
mil. lb..
Imports
do
Corn oil:
Production :
Crude
do
Refined
_
do
Consumption in end products^
do
Stocks, crude and refined (factory and warehouse) endofmontht
mil lb
Cottonseed cake and meal :
Production
thous. sh. tonsStocks (at oil mills) , end of month
__do
Cottonseed oil:
Production:
Crude
- - mil.lb
Refined
_
do
Consumption in end products
do
Stocks, crude and refined (factory and warehouse) end of month
mil lb
Kxports (crude and refined)*
do
Price wholesale (drums; N Y )
_ $ perlb_.
Linseed oil:
Production, crude (raw)
_ mil lb
Consumption in end products .
do. __
Stocks, crude and refined (factory and warehouse), end of month _
mil lb
Price, wholesale (Minneapolis) _ _ $ p e r l b .
Soybean cake and meal:
Production
. thous. sh. tons
Stocks (at oil mills), end of month §
_.do
Soybean oil:
Production:
Crude
- mil.lb
Refined
do
Consumption in end products
do
Stocks, crude and refined (factory and warehouse) e n d o f m o n t h t
mil lb
Exports (crude and refined)*
do
Price, wholesale (refined ; N.Y.) ... .$ per lb
TOBACCO
Leaf:
Production (crop estimate)
mil lb
Stocks, dealers' and manufacturers' end of quarter total
mil lb
Exports, incl. scrap and stems
thous. lb.
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. lb
Exports, cigarettes
__
millions
4
135.8
44.3
57.5
29.0
46.2
60.4
34.5
46.1
57.0
26.3
50.1
65.0
31.3
45.3
60.7
33.5
47.1
67.8
39 4
44.5
57.0
29 8
41. 5
59.3
30.0
41.2
58.0
30.0
41.6
58.7
243.4
22. 1
227.4
31.0
227.9
38.7
215.3
46 2
225.0
35.3
219.5
39.4
209.3
78
195. 9
o
193.4
61. 1
30.4
29.3
26.8
32.5
30.3
27.5
34.1
30.1
23.3
34.8
26.8
28.9
31.9
31.5
29.5
34.7
30.0
31.6
34.6
32.2
28 0
30.9
34.2
32.2
49.1
58.2
63.1
61.6
63.1
62.9
67.4
223.2
118.6
225.3
172.9
72.0
190.4
101.0
156.6
224.1
159.8
346.3
169.8
161.5
132.4
108.8
158.2
131.1
95.6
51. 2
52.3
83.3
70.5
57.4
88.5
156.7
98.9
92.7
419.6
30.9
.167
598.4
30.4
.153
513.7
18.0
. 160
465. 6
23.7
.150
31.8
31.5
33 3
32.0
8.1
36.5
111.8
.142
116 7
.127
867.8
86.6
41.1
61.9
18 6
48.4
66.7
20.0
41.9
65.9
196.5
41 6
185.5
46 1
166.0
34.8
158.2
27.8
32.7
30.1
33.3
34.6
28.6
34.5
37.2
34.7
33.0
36 6
30.0
31 7
64.8
62.4
60.5
60.3
353.7
195.6
304.8
188.0
326.5
207.5
292.8
241.4
241.3
166.1
107.2
249.4
174.2
98.9
212.3
171.9
101. 7
231.4
158.2
95.2
487.5
21.5
.151
554.7
25.2
.154
637.4
31.0
.161
685.6
40.8
.146
25.9
35.1
37.4
32.6
41.1
31.8
34.9
28.2
99.3
.127
92.5
.125
92.2
.123
103.9
.127
900 1
127 3
878.7
115.3
901.0
146.7
736.9
145.1
407.4
338.9
340.7
421 1
334 1
318 3
413.6
295.4
302.7
426.9
336.1
303.9
803.9
101.1
.133
3865 2
92 1
.133
921.2
82.2
.132
923.1
87.0
.124
(2)
36.4
166.3
35.4
35.9
27.7
30.9
37.0
34.3
33.0
33.0
32.9
34.3
63 9
62.6
63.8
62.2
259.1
259.9
212.9
295.7
165.1
325.6
116.7
305.0
86.3
250.1
207.4
137.1
102.9
185.8
146.7
107.5
154 7
151.9
103 8
119.2
137.2
99.2
86.6
117.2
111.9
59.8
78.9
104.9
739.8
53.3
.143
803.7
48.7
.141
801.6
76.3
.145
810 2
38.4
.149
769.2
54.0
.152
701.6
610.6
43.1
21.2
°. 132 p. 133
32.1
26.4
35.3
28.0
33.6
31.0
33.5
32.5
31.5
35.1
39.3
34.6
40.8
36.4
33.7
35.2
109.4
.128
111.8
.129
124.4
.133
132.0
.133
132.9
.133
131.6
.133
137.6
.133
139.4
.133
125.9
v . 133
944.4
147.7
918.7
165.1
912.0
159.5
842.0
152.4
807.3
162.4
790.7
157.2
819.0
139.9
855.2 ' 830. 8
167.6 ' 124. 1
891.9
120.7
345.9
340.0
320.5
442.1
361.5
348.9
426.2
331.6
317.3
425.4
329.2
316.1
388.6
351 2
336.6
376.2
328.3
330. 9
368. 9
362.7
353.3
385 6
352 1
344 8
398.7 ' 386. 2
400.5
355 6
366.1
342 3
411.3
340.5
341.7
919.8
142.7
.133
(2)
99.6
.133
898.9
42.1
.141
987.9 1,022.4 1, 006. 4
57.3
70.2
74.7
. 127
.122
.123
991.4
69.2
.122
922 3
126.0
.121
873 3 '814. 9
99.5
62 7
.123 -.102
759.2
127.1
p. 109
' 5, 314
36, 307 23, 529 29, 667
22, 822 12, 876 14, 687
31, 306
14, 147
4,906
44, 084
15,735
14, 647
15, 350
r
r 154.
7
2, 315 42,337
2 2 117
r
'«4,694 'K931
39, 073 42, 124
13,951 13, 985
33, 215
14, 857
14, 066
13, 953
3,422
41,205
530
13, 770
2,007
3,424
42,466
547
13, 702
1,968
40, 033
14, 233
4, 754
64, 827
11,905
76, 548
15, 802
' 5, 251
59, 291 56, 370 36, 901
14, 737 12, 553 12, 438
12, 576
15, 019
14, 759
16, 604
13, 017
11, 947
16, 068
3,347
42, 414
566
13,012
1,990
3,867
47, 006
606
14. 810
2,448
3,173
42, 399
555
14, 382
1, 656
3,740
46, 740
652
15, 838
2,124
3,561
41, 272
648
12, 858
2,047
3,360
36, 684
407
12,440
1,964
3,344
40, 980
594
14, 863
1,843
16, 150
16, 937
16, 701
3,234
15, 550
1,702
3, 216
37, 854
682
16, 214
2, 107
3,144
43, 686
670
16, 028
1,862
29, 168
622
r
32, 793
14,860
3,644
45 154
699
14, 231 14, 757
1 890 2,046
2 148
3,126
41, 714
731
LEATHER AND PRODUCTS
HIDES AND SKINS
Exports:
Value, total?
___
thous. $__
Calf and kip skins
thous. skins..
Cattle hides
thous. hides..
Imports:
Value, total 9 thous. $..
Sheep and lamb skins
__
thous. pieces..
Qoat and kid skins
do.
Prices, wholesale (f.o.b. shipping point):
Calfskins, packer, heavy, 9^/15 lb
_-$perlb__
Hides, steer, heavy, native, over 53 lb
do
6,909
171
593
6,215
155
664
5,726
117
622
147
756
5,861
136
661
7,124
190
919
7, 256
206
843
5,711
203
659
6, 525
255
787
6,779
233
904
6,385
245
778
213
882
8,620
239
1,072
8,252
151
987
7,890
184
972
5,539
2,290
1,198
5,253
2,192
1,231
6,692
3,709
1,275
4,809
1,723
1,346
4,948
' 1, 923
1,211
4,320
1,249
1,250
3,905
781
1,000
4,212
1,361
1,150
5,223
» 1, 031
1,360
7,122
3,254
1,113
8,456
4,370
1,099
8,111
3,380
1,323
8,519
3,615
1,650
8,242
2,732
1,134
8,369
3,354
1,157
p. 623
p. 152
p. 365
p.Ill
.350
.113
.350
.108
.300
.103
.275
.110
.300
.110
.325
.090
.325
.083
.325
.078
.325
.083
.400
.113
.438
.098
'.430
' .104
p . 430
p . 114
532
2,039
1.258
3,128
453
1,793
1,137
2,906
471
1,798
1,212
2,693
1,844
1,325
2,552
414
1,790
1,047
2,727
484
1,835
1,059
2,731
525
1,993
1,171
2,813
601
•1,993
1,132
3,018
611
1,957
1,134
2,736
4,863
4,968
5,273
4,393
4,522
4,051
4,950
4,486
4,293
3,809
4,562
3,627
3,443
3,762
2,555
2,602
.657
.650
.650
.647
.657
.657
.657
p . 657
LEATHER
Production:
Calf and whole kip
thous. skins.
498
466
424
485
403
Cattle hide and side kip...thous. hides and kips.. 1,877 1,804 1,588
1,802 1,774
Goat and kid
thous. skins
1,184
1,182
1,141
862 1,064
Sheep and lamb....
do
2,527 2,864
2,367
3,234 2,833
Exports:
Glove and garment leather
thous. sq. ft.. 3,502 4,640 3,272
5,548
4,252
Upper and lining leather
do
3,019 3,423
2,573 3,860 2,955
Prices, wholesale:
Sole, bends, light, f.o.b. tannery
$perlb_. p . 711 p.678
.687
.660
.657
Upper, chrome calf, B and C grades, f.o.b. tannery.
$ per sq. ft.. »1.326 pl.151
1.170
1.140
1.133
r
2
Revised.
p Preliminary.
1 Average based on reported annual total.
Not avail3
able.
Average based on months for which data6 are available.
* Crop7 estimate for the
year.
« Sept. 1 estimate of the 1964 crop.
Quarterly average.
Effective Sept.
1963, data reflect minor changes in coverage to conform with "Tariff Schedules of the United
States."
s Effective Jan. 1964, data exclude items presently reported in Ibs. instead of
pieces.
|Revisions for 1962 appear in the Sept. 1963 SURVEY.
5,493
4,436
.657
.657
1.097 1.103
1.137
1.143
1.137
1.137
1.133
1.138 • 1.180
1.186
*New series. Data prior to Sept. 1962 may be obtained from Bureau of Census reports.
§ Monthly averages for 1951-56 (corrected) appear in the Aug. 1964 SURVEY.
9 Includes data for items not shown separately.
a
Beginning June 1964, data are not comparable with those for earlier periods because of
changes in specifications or reporters (for leather). May 1964 prices on new basis: Cottonseed oil, $0.132: soybean oil, $0.103: leather, $1.180.
SUEVEY OF CUKRENT BUSINESS
September 1964
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1964
1963
| 1963
Monthly
average
S-31
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
LEATHER AND PRODUCTS—Continued
LEATHER MANUFACTURES
Shoes and slippers:
Shoes, sandals, and play shoes, except athletic
Slippers for housewear
Athletic
Other footwear
do
do
do
"Exports
do
Prices, wholesale, f.o.b. factory:
Men's and boys' oxfords, dress, elk or side
UDDer Goodvear welt
1957 59 — 100
Women''s oxfords, elk side upper, Goodyear
welt
1957-59 = 100-omen s pumps, ow me urn qua
47, 329
49 803
49 284
44 848
55 670
50 132
44 671
45 258
51 556
50 033
52 314
49 205 '47,685
42 033
6 603
583
584
42 157
5 918
502
707
38 430
5 368
377
673
46 686
7 526
495
963
40 486 42 784 35 992
7 357
8 087 9 212
486
500
438
1 073 1 313
884
39 932
4 109
412
805
46 689
3,882
397
588
44 634
4,614
390
395
46 250
5,107
439
518
42 217 40 325 40, 357
5,969 ' 6, 280 5,893
289
354
443
790
726
576
177
170
136
182
190
205
208
132
115
156
210
174
'145
243
105 6
105 1
105 1
105 1
105 1
105 1
105 1
105 1
105 1
105 1
105 1
105 1
105.1
105.1
105.1
107.8
111 2
106.5
110 7
106.5
111 1
106.5
111 3
106.5
111 1
106.5
111 3
106.5
110 6
106.5
110 9
106.5
111 2
106.5
110 6
106.5
110 6
106.5
110 8
106.5
110.9
106.5
110.9
106.5
110.9
53 809
141
LUMBER AND PRODUCTS
LUMBER— ALL TYPES
National Lumber Manufacturers Association:^©
Production, total
mil. bd. ft_.
Hardwoods
do
Softwoods
- - --do
2,764
530
2,234
2,882
581
2,301
2,743
554
2,189
3,145
588
2,557
3,115
609
2,506
3,244
617
2,627
2,798
600
2,198
2,559
501
2,058
2,701
501
2,200
2,817
524
2,293
3,054
493
2,561
2,999
482
2,517
2,953
465
2,488
3,041
539
2,502
3,052
541
2,511
2,777
525
2,252
2,866
564
2,303
2,939
520
2,419
3,100
567
2,533
2,903
562
2,341
3,054
592
2,462
2,707
579
2,128
2,579
516
2,063
2,686
514
2,172
2,945
548
2,397
3,082
547
2,535
3,129
537
2,592
3,041
524
2,517
3,121
535
2,586
3,170
539
2,631
6,346
1,529
4,817
6,504
1,842
4,662
6,243
1,866
4,377
6,312
1,887
4,425
6,454
1,914
4,540
6,493
1,964
4,529
6,555
1,987
4,568
6,541
1,971
4,570
6,594
1,957
4,637
6,472
1,930
4,542
6,461
1,871
4,590
6,386
1,810
4,576
6,310
1,747
4,563
6,226
1,752
4,474
6,156
1,754
4,402
63
408
73
1445
77
616
76
576
77
1457
84
469
82
381
84
364
70
281
68
391
97
455
72
475
90
445
77
576
95
556
680
496
679
538
609
521
618
450
719
491
800
520
649
528
665
535
842
671
738
721
694
637
731
594
705
558
735
520
947
485
665
673
991
671
676
969
542
643
882
692
689
894
700
677
925
745
772
878
666
641
923
638
659
903
761
706
984
708
688
1,004
771
778
997
798
773
1,056
756
741
1,048
770
773
1,045
927
920
1,483
26
Exports total sawmill products
do
10
Sawed timber
_
do
17
Boards planks scantlings etc
do
Prices, wholesale:
Dimension, construction, dried, 2" x 4", R. L.
$ per M bd. ft_- 78.65
Flooring, C and better, F. Q., 1" x 4", R. L.
$ per M bd. ft_. 122. 52
Southern pine:
478
Orders new - .mil bd ft
255
Orders unfilled end of month
do
31
12
19
30
9
21
31
11
21
26
10
16
34
15
20
37
14
23
37
18
19
28
11
17
27
12
15
38
14
24
27
10
17
41
18
23
29
=9
'20
39
13
26
Shipments total
Hardwoods
Softwoods
do
do
- do _.
Stocks (gross) mill end of month total do
Hardwoods
-do
Softwoods
do
Exports total sawmill products
Imoorts total sawmill products
SOFTWOODScfO
Douglas fir:
Orders new
Orders unfilled end of month
do
do
mil bd. ft
do
Production
Shipments
Stocks (gross) mill end of month
do_ __
do
do
86.00
85.90
79.86
77.96
77.73
77. 96
78.20
81.43
82.01
83.10
136. 04
138. 45
136. 72
137. 67
139. 77
141.38
142. 46
150.02
152. 42
151.90
153. 45
491
280
541
305
523
279
486
269
562
279
483
264
379
256
447
259
466
270
528
289
557
306
536
294
550
284
540
267
478
475
484
488
511
548
518
549
503
496
545
552
484
498
411
387
475
444
476
455
520
509
534
540
517
548
525
560
534
557
1,366
6,325
1,571
4,754
1,380
6,414
832
5,583
1,358
5,926
987
4,939
1,327
7,174
675
6,499
1,334
4,681
397
4, 284
1,327
7,676
833
6,843
1,313
8,210
1,225
6,985
1,337
7,955
1,300
6,655
1,368
6,603
747
5,856
1,389
6,391
902
5,489
1,400
10, 643
1,011
9,632
1,394
8,694
788
7,906
1,363
10, 050
847
9,203
1,328
9,692
1,521
8,171
1,305
8,400
823
7,577
93.1
92.5
93.9
94.3
94.0
92.8
93.0
92.8
92.7
92.8
92.6
92.7
93.2
92.7
92.9
94.6
95.2
95.5
95.7
96.0
95.6
95.6
95.6
95.6
95.4
95.4
95.4
95.4
95.1
95.1
800
416
849
383
942
435
892
356
866
347
1,002
384
730
352
759
347
891
503
937
501
876
496
894
484
837
437
914
M59
947
485
789
797
1,679
841
839
1,657
866
924
1,519
1,006
971
1,554
977
875
1,656
992
837
1,683
772
762
1,693
749
764
1,678
682
735
1,625
806
939
1,492
930
881
1,541
851
906
1,485
893
884
1,494
875
893
1,476
927
920
1,483
67.43
67.42
70.79
72.16
70.56
65.96
64.62
63.50
63.07
63.67
66.45
68.05
69.92
mil. bd. ft._
do
do
do
do
3.1
10.5
2.7
2.9
7.9
2.9
10.8
2.8
2.7
6.5
2.8
10.5
2.7
3.4
5.5
3.1
10.2
3.3
3.3
5.4
2.0
10.0
2.8
2.4
5.8
3.2
10.6
3.3
2.6
6.6
2.1
10.4
2.5
2.4
6.6
2.2
10.5
2.6
1.9
7.1
2.6
10.8
2.6
2.2
7.6
2.8
11.6
2.2
1.9
7.9
3.0
12.4
2.3
2.4
7.8
3.1
12.5
3.0
2.7
7.9
2.8
12.5
2.7
2.6
7.9
3.1
12.2
2.9
3.4
7.3
2.6
11.3
2.4
3.6
6.0
do
__do
do
_ do
do.
65.7
42.8
65.0
65.9
75.2
68.3
45.2
69.3
69.1
43.6
72.9
48.1
72.2
74.4
38.0
75.5
47.5
75.3
76.1
37.2
64.9
44.9
69.4
68.6
38.7
72.8
40.4
79.9
77.5
39.7
55.1
34.7
68.3
64.7
41.2
51.0
36.9
62.8
56.4
46.6
75.7
44.7
72.7
64.4
55.0
84.2
63.6
65.2
65.2
55.0
74.7
68.6
71.2
73.2
52.5
69.4
62.3
73.2
72.3
53.4
58.1
54.1
70.3
68.1
54.4
62.5
48.5
72.1
70.4
53.1
74.5
50.4
72.1
72.6
52.6
Production
do
Shipments
__ _
do
Stocks (gross), mill and concentration yards, end
of month
_
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, 1" 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 month
do
Production
do
Shipments.
_
do
Stocks (gross), mill, end of month
do
Price, wholesale, Ponderosa, boards, No. 3, I" x
12", R L (6' and over)
.
$ per M bd ft
HARDWOOD
82.99 ' 82. 03 v 81.70
79.92
134. 22
153.45 P155. 78
T 69. 01 v 67.18
FLOORING
Flooring :
Maple, beech, and birch :
Orders, new
Orders, unfilled, end of month. ._
Production
Shipments
_ _ _ _ _
Stocks (gross), mill, end of month
Oak:
Orders, new
Orders, unfilled, end of month. __
Production
__ _
Shipments
Stocks (gross), mill, end of month
l
•- Revised.
v Preliminary.
« Corrected.
Beginning Sept. 1963, data exclude
small amounts formerly included.
^Revisions by months for 1961-Sept. 1962 are shown in Bu. of Census report M31A(62)-13.
(^Revisions by months for 1961-Oct. 1962 for production, shipments, and orders will be
shown later; those for 1951-62 for stocks appear on p. 28 of the Jan. 1964 SURVEY.
OBeginning Jan. 1961, data for Alaska included in pertinent items.
SUEVEY OF CUREENT BUSINESS
S-32
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962 | 1963
September 1964
1963
Monthly
average
July
Aug.
Sept.
1964
Oct.
Nov.
Jan.
Dec.
Feb.
Mar.
Apr.
May
June
July
Aug.
METALS AND MANUFACTURES
IRON AND STEEL
Exports:
Steel mill products
thous sh tons
Scrap
do
Pig iron*
_
do
168
426
13
182
530
6
195
698
3
178
748
2
162
640
1
212
552
8
207
428
5
230
564
6
226
580
4
212
557
3
235
744
0)
218
708
14
256
770
34
300
679
39
333
718
27
Imports:
Steel mill products ^
Scrap 1
Pig iron*
342
22
42
454
19
55
599
12
42
547
14
61
471
13
89
549
15
111
516
16
80
402
29
51
481
27
29
428
26
36
474
23
21
495
16
29
544
17
78
604
31
99
582
17
90
5,494
3,387
2,107
5,513
8,844
6,168
3,715
2,453
6,218
7,977
5,958
3,732
2,227
5,681
8,011
5, 511
3,404
2, 107
5,425
8,097
5,494
3,363
2,131
5, 573
8,013
6,186
3,670
2, 516
6,197
8,002
5,898
3, 513
2, 385
5,971
7,962
5,873
3,535
2,337
5,944
7,937
6,363
3,876
2,487
6,530
7,778
6,366
3,841
2,524
6,560
7,599
28.12
29.00
26.78
27.00
25.69
25.00
26.56
25.00
26.89
26.00
27.22
26.00
27.02
25.00
27.24
26.00
28.94
29. 00
28.63
29.00
28.85
31.00
30.36
32.00
30.62
33.50
' 6, 060
6, 156
2,791
8,933
10, 704
4,071
8,865
10, 587
4,220
8,573
9,718
3,369
7,318
9,141
4.064
3,876
5,997
2.980
3,543
1,846
1.940
4,067
1,406
1,693
4,088
1,446
1,667
4,167
1,598
2,017
5,731
4,150
2,403
8,918
7,867
3,451
9,448
8,302
4,752
13, 070
8,758
1,258
71, 536
17,226
49, 329
4,981
13,375
7,548
1,095
75, 699
15, 505
55, 155
5,039
12, 535
7,516
711
79, 638
14, 359
60,174
5,105
12, 386
8,010
715
81, 194
11,391
64, 550
5, 253
8,932
8,033
428
80, 030
9,237
65, 450
5,343
4,052
8,458
341
77, 325
10, 934
61, 044
5,347
2,710
9,113
255
73, 141
13, 224
54, 644
5,273
3,225
8,867
211
69, 936
15, 866
49,002
5,068
3,491
9,764
195
65, 816
18, 380
42, 729
4,707
7, 323
9,801
347
64, 486
19, 947
40, 250
4,289
13, 432
10, 558
621
68, 164
20, 999
43,124
4,041
14, 029
10, 019
719
73, 291
22, 145
47, 134
4,012
15,077
10, 002
934
_ -
do
__ . _do
do
Iron and Steel Scrap
Production and receipts, total
thous. sh. tons..
Home scrap produced
__ __
do
Purchased scrap received (net)
.
do__ _
Consumption total
do
Stocks consumers', end of mo
do
Prices, steel scrap, No. 1 heavy melting:
Composite (5 markets)
$ per Ig. ton..
Pittsburgh district
do
'31. 91 p 33. 23
34.50 p 36. 00
Ore
Iron ore (operations in all U.S. districts):
Mine production
thous. Ig tons
Shipments from minesdo
Imports
_
__
_
do
TT.S. and foreign ores and ore agglomerates:
Receirtts ah iron and steel plants
do
Consumption at iron and steel plants
do
Exports.
__
do
Stocks total end of mo.
do
At mines
_
do
At furnace yards
do _
At IT S docks
do
Manganese (mn. content), general imports^. _do
6,050
5,859
2, 786
r
8, 121 8,458
8,041 8,669
491
568
75, 737 'r 74, 077
14, 657 15, 329
55, 289 53, 376
5,372
5,787
5,070
52, 209
4,004
79
84
70
108
135
67
88
46
71
54
62
105
53
110
80
5,477
5,550
5,993
6,057
5,989
5,909
5,278
5,270
5,174
5,224
5, 525
5,603
5,565
5,587
5,897
5, 949
6,291
6,415
6,199
6,306
6,910
6,973
7,435
7,076
7,006
Pig Iron and Iron Products
Pi? iron:
Production (excluding production of ferroalloys)
thous. sh. tons..
Consumption
do
Stocks (consumers' and suppliers'), end of mo.
thous. sh. tons__
Prices:
Composite
$ per Ig. ton_.
Basic (furnace)
_.
_.
. do
Eoundry, No. 2, Northern
_.
.do
Castings, sray iron:
Orders, unfilled, for sale, end of mo.
thous. sh. tons..
Shipments, total
do
Eor sale .
__
do
Castings, malleable iron:
Orders, unfilled, for sale, end of mo.
thous. sh. tons..
Shipments, total
_
do
For sale
do
3,178
2,814
2,782
2, 804
2,811
2,813
2,827
2,806
2.730
2,654
65.46
65. 50
66.00
62.87
63.00
63.50
62.95
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
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
62.75
63.00
63.50
62.75
62.75
63. 00 p 63. 00
63.50 p 63. 50
680
963
527
783
1,064
591
806
1,003
578
805
985
608
805
1,037
598
758
1,194
673
692
1,049
575
719
1,014
534
806
1,068
546
759
1,095
564
816
1,229
687
837
1,264
699
859
1,227
678
834
1,245
696
73
72
42
81
78
44
82
68
37
82
68
40
82
74
42
78
87
50
80
78
42
88
79
42
91
84
49
91
83
44
94
88
48
93
93
52
92
95
54
95
89
49
8,194
101.2
9,105
112.5
8,654
104.9
7, 782
94.3
7,858
98.4
8,483
102.8
8,488
106.3
8,753
106.1
9,515
115.3
9,474
122.8
10,485
127.1
10, 549
132.1
183
119
93
219
125
100
217
105
86
216
119
95
219
121
97
225
135
107
255
126
101
262
133
107
312
145
117
333
141
114
345
157
129
331
162
132
'323
154
126
321
161
129
308
113
86
306
116
88
306
96
74
310
105
78
298
115
91
306
123
95
311
111
84
312
114
88
320
139
111
322
121
93
328
138
107
334
137
107
331
131
101
340
136
104
5,879
231
395
522
86
6,296
263
443
603
92
6,460
237
451
636
84
5,895
206
456
579
91
5, 455
212
417
587
90
5,927
266
464
614
70
5,617
285
428
608
74
5,540
252
420
588
92
6,475
281
422
614
109
6,239
311
405
613
120
7,124
394
468
679
141
7,359
333
509
737
143
7,271
344
543
699
129
7, 065
385
503
679
129
6,869
334
526
688
105
972
916
910
966
848
Bars and tool steel, total. . __
do
597
631
584
536
490
Bars- Hot rolled (incl. light shapes)
do
199
224
269
260
279
Reinforcing
do
112
110
97
97
90
Cold
finished
___
do
592
587
631
699
569
Pipe and tubing
do
262
259
255
244
250
Wire and wire products
do
505
488
533
541
405
Tin mill products
do
2,373
2,587
2, 599 2,232
2,084
Sheets and strip (incl. electrical), total. _ _ do
646
735
708
582
571
Sheets: Hot rolled
_
do
1,126
1,209
1,213
995
898
Cold rolled
do
Steel mill products, inventories, end of mo.:f
10.3
11.9
10.0
11.6
10.9
Consumers (manufacturers only) ..mil. sh. tons_._
4.4
4.9
4.1
4.8
4.0
Receipts during month
do
4.4
4.2
4.4
4.7
4.7
Consumption during month
do
3.4
3.4
3.4
3.5
3.5
Warehouses (service centers)
do
Producing mills:
7.2
7.4
7.3
7.2
7.4
In process (ingots, semifinished, etc.)
do
6.9
7.2
7.1
6.8
6.8
Finished (sheets, plates, bars, pipe, etc.) .do
.0705
.0704
.0704
Steel (carbon), finished, composite price__-$ per lb_. .0698
.0704
T
l
Revised.
* Preliminary.
Less than 500 tor is.
*New series. Monthly data back to 1953 are avail able,
f Beginning Sept. 1963, imports statistics reflect adoption of the U.S. Tar iff Sched ules;
these data may not be strictly comparable with fig ures sho wn for p rior mon ths.
948
580
258
103
605
263
404
2,293
655
1,019
909
584
220
97
468
221
352
2,272
672
1,044
853
579
167
99
442
192
323
2,378
685
1,149
977
680
169
120
504
221
563
2,786
833
1,316
916
621
172
114
545
226
494
2,608
777
1,211
1,095
702
262
123
665
276
545
2,860
878
1,320
1,140
722
283
126
759
299
556
2,884
843
1,327
1,145
734
281
122
721
299
553
2,838
834
1,311
1,113
686
295
124
752
297
544
2,663
750
1,208
1,066
641
312
106
778
246
576
2,550
743
1,142
10.0
4.5
5.4
3.5
9.5
4.3
4.8
3.5
9.3
4.6
4.8
3.5
9.4
5.2
5.1
3.4
9.4
4.8
4.8
3.5
9.4
5.3
5.3
3.4
9.3
5.3
5.4
3.6
9.2
5.1
5.2
3.6
'9.2
5.2
'5.2
3.6
v
p
p
T
7.3
6.7
.0714
7.4
6.9
.0715
7.8
7.2
.0715
7.8
7.2
.0715
8.0
7.3
.0715
8.0
7.6
.0715
7.9
7.6
.0715
8.4
7.6
.0715
'8.3
7. 7
.0715
p 8.6
p 7. 5
.0715
Steel, Crude, Semifinished, and Finished
Steel ingots and steel for castings:
Production
thous. sh. tons
Index
1957-59=100
Steel castings:
Orders, unfilled, for sale, end of mo.
thous. sh. tons..
Shipments, total
_
do
For sale, total
do
Steel forgings (for sale) :
Orders, unfilled, end of mo _
do
Shipments total
do
Drop and upset
_
do
Steel products, net shipments:
Total (all grades)
do
Semifinished products
_
do
Structural shapes (heavy), steel piling .do
Plates
._
_
do
Rails and accessories
_.do
11, 048 * 10, 173 '10,095 p 10, 485
127.4
133.9
122.4
P 127. 1
9.4
4.7
4.5
3.7
tEff ective wi th the O ct. 1963 S URVEY, Clata for s ;eel consiimers (m anufactu rersonly ) reflect
recalciilated es timates I >ased on the use )f quant ty cover age facto rs (deriv ed from the 1958
Censu s of Man ufacture s); prevk)usiy pu •)lished c at a wen3 based c>n cost c overage factors .
Revis ons back to Oct. 1961 app ear in th 3 Oct. 19 33 SURVI:Y.
SURVEY OF CURRENT BUSINESS
September 1964
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1964
1963
1963
Monthly
average
S-33
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
2,490
Aug.
METALS AND MANUFACTURES—Continued
IRON AND STEEL— Continued
Steel, Manufactured Products
Fabricated structural steel:
Orders new (net)
Shipments
Backlog end of year or mo
thous. sh. tons-_
do
do
Barrels and drums, steel, heavy types (for sale):
Orders unfilled end of mo
thous
Shipments
do
Cans (tlnplate), shipments (metal consumed),
total for sale and own useO
thous sh. tons
302
322
2,624
336
341
2,322
302
370
2,458
350
411
2,323
289
371
2,297
322
411
2,260
262
324
2,238
440
321
2,322
356
310
2,306
247
304
2,270
2,313
387
360
2,276
2,261
478
412
2,300
1,404
1,947
1 273
1 922
1,322
1,999
1,274
2,058
1,281
1,956
1,233
1,994
1,107
1,702
1,119
1,603
1 184
1,858
1 202
1 812
1,389
1,955
1,379
2,108
1,334
1,960
1,273
2,110
400
381
458
514
459
425
299
288
342
293
340
383
'381
432
467
176.5
133.2
192.7
63.0
201.4
58.0
203.1
67.0
197.4
66.0
205.1
71.0
201. 1
63.0
209.1
73.0
212. 0
68.0
200.2
67.0
214.2
72.0
208.3
69.0
214.6
63.0
203.7
56.0
216. 1
25.6
4.9
12.6
34.7
3.4
13.8
53.9
40.5
38.2
3.5
34.5
36.9
36. 1
34.3
28.8
35.6
36.8
40.4
13.6
13.0
13.2
12.6
3.9
4.6
36.5
35.2
3.5
16.0
11.9
16.8
13.0
15.9
20.0
20.4
153.1
. 2388
105.6
.2262
85.7
.2250
94.5
.2250
93.8
.2250
96.9
.2298
110.7
.2300
99.0
.2300
108.0
.2300
107.8
.2300
106.0
.2343
93.3
.2350
99.5
.2350
87.0
.2383
546.3
362 3
170.9
90.7
532.7
357.1
170.1
84.2
647.7
433 8
225.3
88.5
613.7
417.4
193.9
90.1
600.5
401.7
194.3
'85.7
641.8
416. 7
201.2
87.2
' 108 5 107.3
141.3
140.4
103.4
106 3
37.0
35.0
24.1
23 7
107.4
147.1
109.8
37.3
22.4
112.3
145.0
109.6
35.4
29.4
111.9
144.9
113.3
31.6
27.0
'115.4
147.9
111. 7
36.2
27.0
113.8
153.4
'116.1
37.3
28.5
73.6
125. 2
94.2
31.1
27.4
48.0
11.4
47.9
12.5
384
355
368
377
347
379
NONFERROUS METALS AND PRODUCTS
Aluminum:
Production, primary (dom. and foreign ores)
thous sh tons
Estimated recovery from scrap
do _.
Imports (general):
Metal and alloys, crude
do
Plates sheets etc
- do
Exports metal and alloys crude
do
Stocks, primary (at reduction plants), end of mo.
thous. sh. tons
Price, primary ingot, 99.5% min
$ per l b _ _
Aluminum shipments:
Tnffot and mill products (net) A
M^ill products total
Plate and sheet (excl foil)
Castings
rnil Ib
do
do
do
Copper:
Production:
Mine recoverable copper t
thous. sh. tons
Refinery, primarv
do
From domestic ores
do
From foreign ores
__
do
Secondary recovered as refined
do
Imports (general):
Refined unrefined, scrap ©f.._
do
Refined
do
Exports:
Refined scrap, brass and bronze ingots do
Refined
do
Consumption refined (by mills, etc )
do
Storks refined, end of mo., total
Fabricators'
Price, bars, electrolytic (N.Y.)
_ do __
do
$ perlb..
Copper-base mill and foundry products, shipments
(quarterly avg. or total):
Copper mill (brass mill) products
_mil. lb_.
T3
A h
f
d
nr dn t<?
rl
Lead :
Production:
Mine recoverable lead t
_ thous sh tons
Secondary recovered from scrap®
do
Imports (general) ore®, metalt
Consumption totalt
_ _
-
do
do
4.1
4.0
4.1
' 472. 5 ' 528. 2 ' 534. 2 ' 558. 1 ' 528. 2 ' 587. 4 ' 492. 6 ' 523. '9
317.6 ' 355. 4 362. 1 ' 377. 8 ' 346. 8 423. 7 ' 324. 7 r 328 9
142.6 ' 166. 8 ' 174. 7 ' 179. 9 161.3
210. 0
144.4
145 0
77.2
79.4
65.1
75.5
77.0
85.0
79.3
79.8
102.4 ' 101. 1
134.3
133.0
101.2
101.6
33. 1
31.4
22.7
24.0
'86.2
135.5
101.7
33.8
17.7
'96.9
134.9
98.6
36.3
23.3
'99.3
129.0
95.1
33.9
24.9
4.3
4.1
4.9
4.1
' 109. 9
138. 0
103.5
34.5
25.8
106.3
131. 8
103.7
28.1
23.3
33.0
11.8
54.0
7 4
45.9
8.9
35.4
11.3
60.0
10.3
42.1
10.9
50.6
10.7
4.6
5.4
14.6
92.0
' . 2400
40.1
8.2
45.1
9.9
41.3
11.0
55.1
17.2
70.8
13.3
51.7
32.1
28.0
134. 2
30.0
26.0
146.2
27.6
22.7
109.2
37.5
33.0
144.4
29.5
25.3
142.0
29.5
25.6
163.7
30.0
26.4
147.5
39 7
33 9
140 7
34.3
29 5
150.7
31.4
26 6
152 0
33.2
25. 4
162.2
33.6
28.2
163. 8
33.4
25.9
163.9
177.5
102.0
.3060
175.4
96.0
.3060
197.2
119.2
.3060
183.8
115.1
.3060
173.8
103.0
.3060
154.7
80.1
.3060
150.3
75.9
.3060
1453
82 8
. 3060
135. 0
80.9
.3060
140.4
90 9
.3060
140.7
88.8
.3112
135.9
88.2
.3160
132.9
86.4
. 3160
589
409
229
616
428
239
19.7
37.0
21.1
39.7
23.6
33.6
24.5
39.8
'22.5
40.5
'25.2
47.0
'23.0
43.7
'23.9
37.4
24.8
39.9
22.7
39.6
24.3
42.6
24.0
42.3
23.3
45.9
' 23. 8
42.3
23. 2
33.4
92.5
31.3
96.9
31.9
' 85. 6
24.8
'93.8
31.5
'94.6
32 1
'111.1
38.1
'101.7
33.1
'99.4
32.4
105.4
37.7
93.7
31.2
92.1
26.0
97.4
26.4
96.7
32 1
100.6
27.6
94 0
33.9
33.4
25 7
25. 1
' 178 5 pll4. 4
125.6
90.2
.3160
p 163. 2
» 116.0
.3160
467
259
454
249
r 521
' 281
91.0
110.2
98.8
97.0
105.3
111.1
112.2
110 2
109.5
117.4
111.5
109 2
97.7
94 1
142.5
93.5
56.9
115 5
94.5
101.8
85.3
104.3
80.4
109.4
72.0
108.5
64.2
111. 5
56.9
115 5
47.3
111 2
45.2
111 4
45.6
118 6
40.6
120 3
30.1
117 7
29.0
127 5
46.1
.0963
62.7
.1114
52.6
.1107
54.8
.1135
57.0
. 1163
57.3
.1194
55.7
.1215
62.7
.1250
67.2
.1298
71 9
.1300
72.8
.1300
70.8
.1300
67.4
.1300
65.1
.1300
.1300
Tin:
Imports (for consumption) :
Ore®
Ig. tons-Bars, pigs, etc. -_
do
Estimated recovery from scrap, total®
do
As metal
do
Consumption, pig, total
do
Primary
_
do
447
3,422
1,750
250
6,590
4,550
211
3,596
1,861
255
6,525
4,601
0
3,451
1,565
259
2,327
1,760
235
6,030
4,145
627
3,546
1,925
240
6,705
4,455
989
3,080
1,990
290
5,490
3,630
265
3, 109
1, 765
1,705
2,378
2,020
260
6.750
4, 790
738
3 146
2, 025
498
2 cj68
7,165
5 085
2,046
2 227
1 985
260
7,285
5 190
313
2 272
2 025
5, 960
4,010
1,249
3,227
1,770
190
6, 580
4,710
301
2 530
220
6,425
4,770
339
4.081
1,690
7,265
5 235
7, 315
5 150
36
do
21, 730
do
1.
1461
$perlb__
135
25,610
1. 1664
24, 110
1. 1534
102
297
Zinc:
Mine production, recoverable zinet
thous. sh. tons..
Imports (general):
Ores®1_do
Metal (slab, blocks)1
-do..._
Consumption (recoverable zinc content):
Ores®
-_do
Scrap, all types.
_._do
97
215
6,470
4.530
151
r
270
255
265
170
30, 980
1. 1997
30, 245
1. 2704
165
20, 364
1.30-0
25. 245
1. 4012
964
21,810
1.3482
1,079
20, 120
1.3351
343
275
27, 185
1. 3402
160
19, 600
1. 3485
18 870
1. 5060
1.5965
45.1
'41.4
'47.1
'45.3
'46.1
48.8
44.9
48.6
46.5
46.6
'46.8
47. 1
26.9
11.0
29 8
15.2
33 0
14.7
23 6
11.4
39 2
10.6
28 5
10.5
27 6
35 9
33 5
on I
8.9
7. 9
7. 7
16. 1
7 7
15 9
7 4
16 4
8 0
16 5
8 9
16 9
7 2
16 9
42.1
44.1
'40.9
39.0
11.8
31.1
12.1
33.9
11.9
31.7
8.2
27.0
19.4
8.2
16.7
'8.7
'17.0
8.1
7.1
8.2
8.7
15.4
15.5
16.1
16.6
207
9.7
.1301
235
32, 000
1.1611
23, 590
1. 1484
' Revised.
» Preliminary.
1 Recoverable aluminum content. Monthly data are
expressed in metallic content (incl. alloying constituents).
OReflects new factor to derive tonnage equivalent (23.5 base boxes per ton of steel).
ABeginning Jan. 1963, net shipments of ingot derived by new method to include imports
not previously included; revisions back to Jan. 1962 are available. {Revisions for 1962 are in
the
1963 SURVEY; those for 1st half 1963 are available upon request.
DigitizedSept.
for FRASER
.3160
578
398
234
Stocks, end of year or mo.:
Producers', ore, base bullion, and in process®
(ABMS)
thous sh tons
Refiners' (primary), refined and antimonial
(lead content)
thous. sh. tons
Consumers'^
do
Scrap (lead-base, purchased), all smelters
thous sh tons
Price, common grade (N.Y.)
$perlh__
Exports, incl. reexports (metal)
Stocks, pig (industrial), end of mo§.
Price, pig, Straits (N.Y.), prompt
.2400
9.1
89
17 1
1.6167
8 5
17 1
®Basic metal content (for tin ore, through Aug. 1963; gross weight thereafter)
ISee
similar note, bottom p. S-32.
d*Consumers' and secondary smelters' stocks of lead in refinery shapes and in copperbase scrap.
§Effective Sept. 1962, includes surplus tin held by GSA (i.e., tin to be offered
for sale and tin for which bids to purchase were rejected by GSA).
SURVEY OF CURRENT BUSINESS
S-34
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
| 1963
Monthly
average
September 1964
1964
1963
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
METALS AND MANUFACTURES—Continued
NONFERROUS METALS AND PROD.— Con.
Zinc— Continued
Slab zinc:
Production (primary smelter), from domestic
and foreign ores
thous sh tons
Secondarv (redistilled) production
do
Exports
Stocks, end of year or mo. :
Producers' at smelter (AZDA
73.3
79.3
5. 3
88. 5
83.8
76.0
91.7
1.9
88. 5
1. 3
53.9
88. 1
.1250
50.2
87.0
.1250
55.1
92.1
.1294
48. 2
92. 1
.1300
1.4
12 4
1.4
13 9
1.1
9 8
1.0
8 0
8.1
8.2
58 5
63 8
75 7
51 8
72 4
49 5
55 9
43 9
32 8
42 2
42.3
44.1
155. 3
152 6
185.0
181.3
198.9
194.9
207.3
202 5
173.7
170 7
162.2
160 2
161.9
101 5
180.8
110 0
254.2
171.4
239.1
146. 3
258.2
170 4
183. 6
132.0
108.9
87.1
217.7
117.8
95 3
200 3
116.4
94,6
183. 5
140.2
110.4
184.9
168.8
130 6
179.7
170.4
134 5
228 1
132.4
106 5
176 8
1
40.2
i 16.2
i 41 o
i 15 7
111.4
131.9
127.6
160. 4
122.3
184.8
127.1
129.6
235.8
251.8
272.9
242.6
244.1
221.4
176.0
7.0
1.2
2.8
8 2
1 l
3 4
5.3
1.0
1.6
9.2
1.0
5.7
9.6
.7
2.7
7.6
.9
4.6
8.5
.9
4.3
6.1
1.0
3.0
5.8
.8
2.4
9.7
1.0
5.7
10 5
1 3
6.8
7.4
1.2
3.8
7.4
1.0
3.7
7.5
1.2
3.2
9 2
q
36
128.7
140.8
150.2
128.1
135.7
136.6
156.2
146. 5
153. 3
170.8
158.1
547
581
579
533
433
511
563
490
602
611
523
598
59f
630
491
484
515
609
548
578
581
510
581
523
653
636
581
519
2,434
2,307
2, 567
2,661
2,941
2,738
2,830
2,543
2,518
2,862
3,032
2,961
3,109
3 003
59. 50
47. 50
49 90
41. 10
49.20
38.55
41.20
33.30
56.55
45.40
54. 75
42. 85
5.4
66.85
53. 35
54.05
42. 95
5. 7
59.10
49.65
52. 35
41. 75
77.40
64.15
69.00
56. 30
80.15
60.60
50- 35
39.85
77.70
61 40
63 80
48 45
91.55
79. 55
64.85
52. 35
6.4
6.7
85. 00 •100. 10
70.10 -83.35
70.75 '73.80
57.50 r 62. 25
5.2
57.90
47.90
44.55
38.65
5.5
6.6
6.6
79 35
67 65
^9 35
51 10
6 7
18 10
15. 90
15.30
12.80
15. 55
13.90
14.95
12.70
19. 85
18.15
12. 65
11.40
22.35
17.60
14.70
12.10
4.6
32.35
29.95
16.35
13.00
5.4
15.95
15.20
14. 05
11. 30
24 10
19 35
16.90
15.40
45. 80
43. 30
19. 80
18. 25
32. 55
30. 35
18.20
16.50
"63.10
' 56. 95
'21.40
8.0
8.9
28 10
25 60
18 65
16 05
11.4
343.6
79 6
27 3
237.8
2
40. 4
2 41.5
272.9
2
59.5
«67.7
69.0
4. 1
85.4
72.6
72.5
78.1
92.5
90.6
99.3
4.1
2.0
2.4
'47. 9
92. 1
.1200
80.0
86.4
.1202
64.6
88.1
.1250
55.4
90.1
.1250
1.0
10
9 2
.7
91
1.0
11 6
39 8
49 9
489 8
4 2
41 9
65 1
166.7
163.6
176.0
173 1
157. 0
94.1
86.0
'74.4
r
50
'92.1
do
3.0
2.8
do
144.7
80.0
.1162
Price, prime Western (St. Louis)
iperfb..
HEATING EQUIPMENT, EXC. ELECTRIC
Radiators and con vectors, shipments:
Cast iron
_
mil. sq. ft. radiation..
Non ferrous*
do
Oil burners:
Shipments
_thous__
Stocks end of year or mo
__._do
Stoves and ranges, domestic cooking:
Shipments, total (excl. liquid-fuel types)-— do
Gasd*
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
MACHINERY AND APPARATUS
Fans, blowers, and unit heaters, qtrly. totals:
Faffs 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) netf
-- mil. $
Electric Drocessing
.
do.. _
Fuel-fired (exc for hot rolling steel)
do
4.9
Material handling equipment (industrial) :
Orders (new), index, seas, adj
1957-59=100- . 112.6
Industrial trucks (electric), shipments:
500
Hand (motorized)
number__
471
Rider-tvpe
_
do
Industrial trucks and tractors (gasoline-powered),
shipments
• number.. 2,232
Machine tools:
Metal cutting tools:
Orders new (net), total
"Domestic
Shipments total
Domestic
Estimated backlog
Metal forming tools:
Orders new (net) total
Domestic
Shipment ', total _ _ _
Domestic
Estimated backlog
--
mil. $_..
do
do
do
_ ._ _ ..months..
44.80
36.70
47. 85
35.15
mil. $
do
do. __
do
months..
14.60
11.65
12.40
9.30
-
4.2
4.6
4.7
4.9
4.6
3.8
5.6
4.2
2 653
2 190
2 604
139 6
155 8
140 2
r 127 8
353 9
329.1
116.4
133.0
Radio sets, production§
do
1, 596. 8 1, 523. 5
Television sets (incl. combination), prod.§...do
594.2
539.3
Electron tubes and semiconductors, factory sales ©
75.9
73.6
mil. $.
Insulating materials, sales, index
1947-49=100
154
148
Motors and generators:
New orders, index, qtrly
do
i 151
i 149
New orders (gross) :
Polyphase induction motors 1-200 hp mil $
12 4
12 4
D.C. motors and generators, 1-200 hp
do
2.2
2.6
4.8
.4
.9
76.8
86.0
86.9
95.2
4.9
5.6
5.6
5.2
2.4
84.8
5 3
98.3
80.9
3.6
2.7
4.4
38.0
T
85. 6
. 1350
30.4
87.2
.1400
25.7
29 5
.1350
.1400
83.7
4.7
100. 0
1.7
2.6
43.6
92.5
. 1300
46.0
93.9
.1300
43.5
89.4
.1332
.9
1.1
.8
5.2
98.6
7.4
7.0
8.1
.5
.7
9 9
41.7
44.2
40.2
47 9
36.6
49.8
38.5
54 5
48 1
59 5
1 58. 1
156.0
167.7
165.7
200.0
197.4
195. 4
193. 5
173.1
171.1
189.7
187.2
120.5
81.6
91.0
54.3
70.8
38.7
112.9
77.5
89.6
53. 4
MOO. 6
'60.8
170.7
122.3
97.6
81 6
191 2
95.8
79.2
248.3
95.9
79.4
237.1
99.3
82.9
244.9
99.7
84.3
237. 7
96.1
80.4
198.9
111.5
92 9
215. 0
r 41 6
r
5.6
6.2
74.50
60.45
51. 25
39.10
6.3
21.20
19. 80
14.30
12. 50
48.80
47.40
15.00
12.40
20.30
18.85
19. 15
16.15
5.8
7.6
7.7
284.7
78.6
18 3
49 3
18 0
!3 2
71.8
73.6
86 2
100.6
159.0
189 1
199. 7
150.9
277.6
127.4
9.3
127.8
r 19. 85
'10. 8
3 186
3 673
3 174
3 622
3 146
1 653
1 394
1 602
1 591
1 816
2,269
156 4
165 8
167 9
159 4
174 4
144 4
165 8
194 1
157 4
l'>3 4
163 7
143.6
133 8
297 1
281.2
93 1
396 1
379.7
r 149 1
99.5
173.5
200.3
423 0
403.7
990.6 1, 252. 9 32008. 2
384.3
565.2 3 779. 4
59.5
127
77.4
142
82.5
154
11 1
12 8
1.9
3.3
127 8
416 4
367.4
129 0
3g-> g
336.9
128 6
349 7
273.5
131 3
324 7
302.5
150 3
365 0
330.0
1 rr\ o
4.9O ^
372.0
151 5
383 8
299.2
150 9
337 8
300.8
163 0
335 2
345.8
110 3
294.9
351.6
197.1
180.3
153. 2
142.8
135.8
121.1
90.2
71.6
90.5
126.1
"
1872. 7 1, 799. 8 «1, 772. 0 1, 413. 3 1,367.9 31 639 1 1,337.4 1,410.7 31,770.9 '1,055.5 *1, 635. 2
731.1
751.5 3 877. 9
584.2 3 835. 5 '517.4 p 701. 1
621.4 4 690. 0
712.7
630.1
81. 5
160
71.7
144
73.0
151
13 7
12 7
12 1
13 3
2.9
2.5
2.1
2.3
154
'Revised.
i Quarterly average.
2 For month shown.
3 Data cover 5 weeks;
other months, 4 weeks.
« Data cover 6 weeks.
9 Includes data not shown separately.
A Producers' stocks, elsewhere, end of Aug. 1964, 22,400 tons.
*Now series. Shipments (from The Institute of Boiler and Radiator Manufacturers)
represent the following approximate percentages of total industry shipments: Convectors,
90 to 95%; radiators and baseboards, 80 to 85%.
^Includes data for built-in gas fired oven-broiler units; shipments of cooking tops, not
in figures above, totaled 36,200 units in June 1964.
Digitized forincluded
FRASER
4.8
42 o
18 2
309.2
80.2
27. 2
2 54Q
119 2
309 3
305.5
6.0
39 9
14 6
Other machinery and equip., qtrly. shipments:
Construction machinery (selected types),
total 9
mil $ i 261. 4 i 305. 9
164.2
*78.5
Tractors tracklaying total
do
1
19. 7 i 22 9
Tractors wheel (con ofT-highwav)
do
Tractor shovel loaders (integral units only),
i 73 5
158.9
wheel ind trackliying types
ir>il $
Tractors, wheel (excl. garden and contractors'
off-hjghway types)
mil $ i 130. 1 i 150. 9
Farm machines and equipment (selected types),
excl tractorsO
mil $ i 197. 7 "1213.1
ELECTRICAL EQUIPMENT
Household electrical appliances:
Ranges (incl built-ins) sales totalj
do
Refrigerators and home freezers, output 1
1957 59 ~ 100
Vacuum cleaners sales billed
thous
Washers, sales (dom. and export).do
Driers (gas and electric), sales (domestic and
export)
thous__
5.4
52.1
154
52.6
146
56.9
167
12 4
13 5
52.4
163
51.4
154
53.9
165
14 9
14 4
2.8
2.8
15 2
17 9
3.5
159
154
2.6
3.4
44. ••
186
3.6
14 8
2.6
tAs reported by the Industrial Heating Equip. Assoc. for member companies, including
orders (not shown separately) for indust. ovens, atmosphere generating and combustion
equip., and miscel. items. Monthly data back to 1958 are available.
©Revisions for
1962 appear in the June 1964 SURVEY.
1 Revisions for 1961 are available.
{Revisions for 1962-63 appear on p. S-34 of the Apr. 1964 SURVEY.
§ Radio production comprises table, portable battery, auto, and clock models; beginning
Jan. 1964, data for television sets include color sets.
©See similar note, p. S-35.
SURVEY OF CURRENT BUSINESS
September 1964
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
&-35
1963
1963
Monthly
average
July
Aug.
1964
Oct.
Sept.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
June
May
July
Aug.
PETROLEUM, COAL, AND PRODUCTS
COAL
Anthracite:
Production
thous. sh. tons.. 1,408
156
Exports
do
Prices:
Retail, stove, composite
$ per sh. ton-- 28.63
13.050
Wholesale chestnut fob mine
__do
Bituminous:
Production
thous sh tons
35,178
T
1,522
279
1,124
212
1.606
420
1,574
407
1,822
345
1,615
319
1,535
309
1,527
248
1,311
149
1,155
86
1,427
84
1,665
151
29.39
13.361
28.84
12. 775
29.04
12. 985
29.79
13. 510
30.00
13. 510
30.54
14. 420
30.95
14 420
31 35
14 490
31 40
14 490
31 40
14 490
31.40
13 195
30 69
13 195
44 876 r 38 820 r 39 070
40 430
34 790
36 790
37 490
38 270
40 940
30 350
39
20
16
C
768
389
411
789
36, 755
18 732
15 525
6 540
36
18
16
7
33
16
15
7
32, 702 r33, 218
16 757 17 997
15 324 r!4 568
7 537 r 7 350
33, 763
18 794
14, 236
7 446
2 968
2 496
562
655
619 70 700
886 r 49 331
01 °
420 21
r
841 9 375
65, 627
46 921
18 317
7 478
38,244
Industrial consumption and retail deliveries,
total 9
- -- -thous. sh. tons _ 32,314 '•34,102
15,903 r 17, 420
Electric power utilities
do
14,006 14, 664
Mfg and mining industries, total
do
6, 1.88 r 6, 469
Coke plants (oven and beehive)
do
Retail deliveries to other consumers
do
2,349
r
28,070
r
31, 610
17, 053
13, 644
r
6, 540
r
841
1,962
T
42,299
r
32, 468
17, 649
13, 581
T
6, 110
r
1,153
r
40 320
r
31,596 ^33,816
16, 566 r 17 593
13, 405 r14, 614
6,039
6, 372
1,536
1, 511
r
r
34, 383
17 783
14, 610
r
6 236
1 905
r
40, 219
0 727
16, 349
T g 590
9
T
3,118
439
465
097
014
1 872
054
666
302
044
1 030
1,127
158
1,789
171
30.30
13. 195 ^13. 698
r
518
Stocks, industrial and retail dealers', end of
month, total 9 .
thous. sh. tons_. 67,960
46,665
Electric power utilities
do
20, 845
Mfg and mining industries, total
_ do
9,044
Oven-coke plants __ __
do
65, 692
46 139
19 103
7,373
63,318
44, 625
18, 199
6,386
449
450
494
535
538
563
609
499
455
348
254
255
313
357
389
Exports
do
3 923
Prices:
Retail, composite
$ per sh. ton_. 17.30
17.46
Wholesale:
U.918 2 4. 748
Screenings, indust. use, f.o.b. mine
do
i 7. 443 27.014
Domestic, large sizes, f.o.b. mine
.do
3,685
5 325
5,266
5 099
4 500
3 536
3 159
3 065
3 028
3 523
4 551
4 617
4 038
Retail dealers
do
3,201
COKE
Production:
Beehive
Oven (byproduct)
Petroleum coke§
Stocks, end of month:
Oven-coke plants, total
At furnace plants
.
At merchant plants. ~
Petroleum coke
Exports
thous. sh. tons
_
do
do
--
do
do ___
do
do
do _ _ .
67
46
19
6
002
912
555
919
69 388
49, 1389
19 71
7 290
72
51
20
7
708
7"
423
912
73
52
20
8
383
383
391
054
70
49
20
8
083
314
270
014
66
46
19
7
536
422
659
780
64
44
19
7
430
961
121
900
63
43
19
8
041
717
070
299
65
45
19
8
043
045
743
411
68
47
20
8
r
17.13
17.13
17.46
17.69
17.73
17 83
17 89
17.89
17 89
17.76
17 31
4.757
6.813
4.752
6.886
4.752
7.061
4. 745
7.231
4 748
7.257
4.748
7.257
4.726
7.276
4.731
7.221
4 731
7 026
4.807
6. 524
4. 832
6.482
4.840
6. 513
*>4 840
» 6 612
84
4,467
1,407
79
4 200
1 385
4 157
1 350
83
4 391
1,367
78
4 989
1 355
82
4 540
1 457
82
4 661
1 440
78
4 485
l' 343
87
4 821
1 457
87
4 855
1 366
r 79
90
5 192 r 5 037
1 409 1 436
69
5 161
2, 596
I 933
T
663
1. 157
2,730
2 089
641
1,152
39
2,801
2 185
2,888
2 304
584
1,195
23
2,899
2 379
520
1 381
41
2,881
2 394
486
1 297
19
2,831
2 380
4^1
1 284
19
2,672
2 253
418
1 313
23
2,567
2 141
426
1 329
27
2,421
2 008
413
1 359
25
2,337 ' 2, 281 2,324
1 909 r \ 862 1 878
419
429
' 446
1 379
1 393
fii
40
83
1,781 31,691
2.93
2.97
264.2
255.8
87
84
1,860
2.93
272.7
88
1,809
2.93
273.5
1,725
2.93
260 2
1,633
2.92
266.9
86
1 480
261 0
87
1 768
2.92
269 3
87
1 567
2.92
273 3
88
1 628
2 92
256 8
89
1 564
2 92
269 9
87
258 4
84
317.4
327.6
333 7
333. 1
316 8
331.8
322 5
336 7
363 1
326 0
345 7
223.0
31.1
229.4
33.4
235.1
33.3
236.8
34.0
225 2
32.8
233 6
34.1
226 3
34.3
232 8
35.6
224 5
34 1
240 6
36 0
34.3
29.1
34.4
30.4
1.0
.1
38 2
27.0
19.3
36.7
25.5
12.3
34 Q
23 9
11.0
31 4
32.7
11.7
34 2
27 6
2.9
30 3
38 0
-54.9
238 1
36 4
39 Q
49 0
-22.8
32 2
35 °
-9.9
316.4
327.5
314 4
320 8
305 8
319 6
.1
5.0
.1
6.2
2
.2
6.4
1
1
6 5
313.0
132. 9
15.4
391 6
2
6 3
385. 1
134 7
21.9
385 8
1
6 7
379.0
130 5
21.2
68
4,258
1,312
3,899
2,796
1,103
1.053
33
81
4 442
1 344
'2,996
2 297
'700
1 200
38
T
r
r
44
80
616
1 171
33
1,246
41 290
17.23
r
r
PETROLEUM AND PRODUCTS
Crude petroleum:
Oil wells completed
Price at wells (Okla.-Kansas)
Runs to stills
Refinery operating ratio
number..
$ per bbl__
mil. bbl__
% of capacity--
All oils, supply, demand, and stocks:!
New supply, total
mil. bbl_.
Production:
Crude petroleum
do_.._
Natural-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
do
....
do
do . _
do
do
do
311.3
132.1
13.7
321.2
< 136. 2
414.4
88
87
5 9
308.3
150.0
10.9
314.3
151. 1
12.4
70
298.7
134 0
13.3
320 1
2
6 0
313.8
142.0
12.5
1 566 r 1 542
9 99
2 92
267 6
84
1 730
2.92
268 0
88
335 4
334 3
321 9
233 1
34 0
235 8
34 4
228 3
32 9
36 9
32 2
6.4
33 1
35 2
8.8
36 0
28 2
24.7
•3A A
335 9
1
4 8
331.0
121 8
17.7
339 4
2
6 0
333.1
135 5
15.2
326 6
i
6 4
320.1
140 6
12.6
7
OOA Q
57
303.8
144 9
11.1
6 4
314.2
153 5
10.3
OAQ
p 2 99
26 3
1.1
Distillate fuel oil
Residual fuel oil...
do
do
61.0
45.5
462.3
M5.1
40 3
36.2
10.8
43 0
36. 1
11.8
50 5
35.6
10.2
49 5
41.8
10.9
61 5
43.8
9. 1
102 2
60.4
8.8
96 1
66.4
9.7
81 *>
53.4
8.4
73 4
49.7
9.5
59 6
48.2
10.3
37.5
10.4
Lubricants
Asphalt.
Liquefied gases
do
do
do
3.6
9.5
21.3
3.6
9.8
419.5
3.7
16 5
17.0
4.0
16 2
17.2
3.4
14 6
16.1
4.3
14 2
17.6
3.3
6 9
20.9
2.9
41
29.5
4.0
33
27.8
3.4
33
22.2
3.8
4 3
19.9
4.4
7 1
16.9
n3.6
o
15.8
do
do
do
820.6
248.1
35.2
537.3
4 831. 1
246.9
33.8
550. 4
852.7
250.0
38.8
563.9
864.9
249.1
41.4
574.5
875.9
248.3
43.1
584.6
887.6
245.5
43.8
598.3
890.5
244.4
42. 1
604.0
835.6
237.4
33.7
564.5
812.8
241.0
28.4
543. 3
802.9
240. 1
27.4
535. 4
809.2
246.9
29.9
532. 5
818.0
253.9
34.1
530.0
842.7
257.3
38.9
546.5
843.9
251.2
49 5
550.1
do
do
do
131.9
5
188.6
4135.7
g
4 192. 8
141.5
144.0
135.7
138.2
135.6
144.1
142.4
133.0
184.7
178.3
181.3
178.3
181.3
190.9
203.2
215.1
140.1
.8
220.4
133.9
.4
214.7
140.1
.5
210.9
140.5
.7
198.5
.113
.109
.115
.108
.115
.110
.090
.105
.105
.100
.100
.095
.105
.103
p. 105
204
201
208
208
900
1 Q7
9O1
90.4.
. 195
.196
.207
.201
Stocks, end of month, total
Crude petroleum
Refined products
Refined petroleum products :J
Gasoline (incl. aviation):
Production
Exports
Stocks, end of month .
Prices (excl. aviation)
Wholesale, ref. (Okla., group 3)
$ per gal_.
Retail (regular grade, excl. taxes), 55 cities
(1st of following mo.)
$ per gal
4
. .- .
* Preliminary.
Monthly average based on Apr.-Dec. data.
23 Data beginning Jan. 1963 not entirely comparable with those for earlier periods.
Beginning Jan. 1963, data exclude condensate wells formerly included
4
See note 1 for p. S-36.
1
Aa o
35.7
11.9
4.3r
1 r
15.7
.198
9 Includes data not shown separately.
§ Includes nonmarketable catalyst coke.
JRevised data for months of 1962 appear on p. 28 of the June 1964 SURVEY.
NOTE FOR ELECTRON TUBES, p. S-34-0 Beginning Jan. 1964, excludes sales
of receiving tubes; 1963 sales of such tubes averaged $22,800,000 per month.
September 1964
SUKVEY OF CURRENT BUSINESS
S-36
1962
Unleea otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1964
1963
1963
Monthly
average
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
PETROLEUM, COAL, AND PRODUCTS—Continued
PETROLEUM AND PRODUCTS— Continued
Refined petroleum products}:— Continued
Aviation gasoline:
m
Production
^- bbl_Exports
^o
Kerosene:
Production
- --do. Stocks end of month
do
Price, wholesale, bulk lots (N.Y. Harbor)
$ per gaLnistlllate fuel oil:
Production
- -- -.mil. bbl__
Exports
do
Stocks end of month
do
Price, wholesale (N.Y. Harbor, No. 2 fuel)
$ per gal-.
Resldual fuel oil:
Production
mil. bblImports
_ do
Exports
do
Stocks end of month
- -do
Price wholesale (Okla., No. 6)
$perbbLJet fuel (military grade only) :
Production
-- mil. bbl_.
Stocks end of month
do_ .Lubricants:
Production
do
Export^
do_ Stocks end of month
do
Price, 'wholesale, bright stock (midcontinent,
f o b Tulsa)
___$pergaL.
Asphalt:
Production
mil. bbl Stocks end of month
do
Liquefied petroleum gases:
Production
do
Transfers from gasoline plants
~_ do
Stocks (at plants, terminals, underground, and
at refineries) end of mo
mil. bbl_.
Asphalt and tar products, shipments:t
Asphalt roofin? total
_- ._ --thous. squares. .
Roll roofin^ and cap sheet
do
Shingles all types
-- ~_ _ d o _ _.
Asphalt siding
Insulated siding
Saturated felts
_--
do
- - -- --do
- thous. sh.tons.-
10.4
.4
10.7
11.0
.3
10 4
11.2
.3
9 5
9.5
.5
9.6
10.0
.5
9 3
9.8
.5
88
10.8
6
94
10.0
.4
9 7
10.0
10 8
10.6
.6
10 3
10.2
2
10 3
10.5
.4
9.9
10.8
.5
9.2
i 13.8
31.7
12.9
35.2
12.5
36 2
12.2
36.0
14.9
39.1
14.8
39. 1
16.2
34 1
17.3
30 9
14 7
28 5
14.3
28 5
12.5
29 1
11.7
30.5
11.6
32.8
.104
.104
.099
.096
.094
.093
62.8
11
.4
110 5
61.7
.9
.6
99 2
57.6
8
.3
97 8
60.8
61.1
1.0
.3
103.3
10.2
.4
10.5
13.1
30.6
1
.104
.102
.101
.101
.096
.096
.099
. 104
60.0
1.0
7
133. 4
163.8
.8
1.2
i 135. 8
62.4
.7
1.0
145.2
63.3
.6
1.1
165.2
63.2
.7
1.4
177.2
63.9
.9
1.1
191.4
62.9
1.0
1.3
192.6
65.8
8
.4
156 7
67.5
1.6
1.2
128 5
.3
112.2
p. 093
.092
.092
.091
.091
.086
.086
.089
.094
.094
.094
.089
.086
.084
.083
".083
24.6
22.0
1.1
46.6
1.58
i 23.1
22.9
1.3
148.6
1.57
21.7
18.1
1.1
50.9
1.55
°1 8
16.9
1.4
52.5
1.55
21.5
15.7
1.7
52.6
1.55
21 0
23.2
1.0
54.4
1. 55
22 5
20.7
1.8
52.2
1.55
25 0
31 6.
1.3
47.5
1.55
25 8
39 7
1.6
45.4
1.80
22 7
29 2
1.0
43.3
1.65
22 3
24.7
1.7
39.1
1.50
21 2
28 0
2 0
38.5
1.35
20.8
19.8
1.4
40.5
1.35
19.5
17.7
1.9
40.4
1.35
v 1.35
8.6
8.7
8.3
9.4
9.1
10.2
8,9
9.6
8.5
9.3
7.8
8.6
8.3
8.9
78
8.5
7 8
8.5
79
9.0
9.1
9.9
89
9 2
9.5
9.3
99
8.6
5.1
1.5
12.8
5.3
1.5
13.7
5.6
1.8
13 4
5.4
1.5
13.4
5.4
1.6
13. 8
5.4
1.5
13 4
5.3
1.4
14 0
5.0
1.8
14 3
5.2
1.2
14 3
4.8
1.4
14 3
5.2
1.4
14 4
53
2.0
13 3
5.4
1.3
13 8
5.2
1.6
13 1
.261
.270
.270
.270
.270
.270
.270
270
.270
.270
.270
270
.270
270
9.1
16.3
9.3
16.7
12.9
16 8
13.2
14.5
12.4
12.8
11.3
10 4
8.2
11.9
6 2
14 4
4 4
15 8
5.6
18 1
7.3
21 3
80
29 3
11.2
22 0
12.7
20 2
6.4
14.9
i 4.7
14.9
5.0
12.7
4.9
12.8
4.4
12.1
4.2
13.5
4.2
16.5
5.0
23 3
5 0
92 1
4.7
17 1
5.2
15.0
4 8
19 3
5. 2
11 5
51
11 4
33.6
130.2
35.5
38.5
41.2
41.8
39.4
30.3
24.3
22.9
25.4
29 4
34.9
39.5
5, 367
1,913
3, 454
5,372
2,009
3,363
7, 684
2,746
4,938
6, 954
2, 602
4,352
6,419
2, 450
3, 969
7,114
2, 764
4,350
4, 604
1,810
2, 794
3,103
1 214
1,888
3,134
1 213
1 920
4,521
1 610
2 911
4,705
1,777
2,928
5 719
2 042
3 677
6,921
2 389
4 532
7 586
2 545
5 040
67
77
82
66
70
82
78
93
109
78
100
95
81
93
83
102
102
98
85
56
74
52
37
60
43
31
67
60
36
88
48
44
78
50
57
74
49
65
82
55
75
95
p. 270
PULP, PAPER, AND PAPER PRODUCTS
PULPWOOD AND WASTE PAPER
Pulp wood:
Receipts
Consumption
Stocks end of month
Wasto paper:
Consumption
Stocks end of month
thous. cords (128 cu. ft.)._
do
__ _. _do
3,668
3,673
5,225
3,816
3.847
5, 124
3,656
3, 555
4,819
4,370
4,150
5,180
3,945
3,754
5,118
4,335
4,102
5,353
3,821
3 975
5 116
3, 495
3 626
4 976
4.030
4 055
4 936
4, 175
3 906
4 981
4,157
4 126
4 987
3,843
4 119
4 690
3, 992
4 213
4 498
4,120
3 95'?
4 478
4.186
3 898
4' 660
thous. sh. tons__
_do - _
756
498
729
501
663
529
762
515
737
494
797
506
710
465
668
514
741
490
748
477
799
470
476
821
803
468
467
795
686
485
thous. sh. tons..
do
do
do
2,326
106
1,358
214
2, 453
114
1,458
224
2,308
108
1,361
209
2,576
121
1,549
229
2,390
106
1,416
211
2, 631
124
1, 555
242
2,593
120
1 551
230
2,283
97
1 357
229
2,605
138
1 528
231
2,530
125
1 509
224
2,667
127
1 608
242
2,706
106
1 634
246
2,821
129
1 729
241
2,608
132
1 543
2°3
2,509
107
1 545
283
104
261
289
2 117
2251
274
111
245
295
120
262
280
124
253
310
125
274
308
194
261
280
106
215
327
124
257
304
127
241
320
129
241
260
^S5
131
256
324
127
260
300
193
222
do
do
do
do. -.
878
297
509
72
3713
263
3372
78
721
256
380
85
721
252
378
90
706
243
381
82
707
246
384
77
731
9(34
394
73
717
235
408
75
739
266
396
78
745
266
399
80
759
271
403
84
747
265
387
94
771
286
394
90
do
- do -__do
99
40
59
118
44
75
120
39
80
130
48
82
128
55
73
116
41
76
106
38
68
142
49
93
132
43
89
120
42
78
139
55
83
138
46
92
143
55
88
do
do
do .-
232
23
210
231
22
210
229
21
208
242
21
221
220
16
204
258
23
235
225
19
206
236
22
214
235
22
213
224
21
203
WOODPULP
Production;
Total, all grades
Dissolving and special alpha
Sulfate
Sulfite
Groundwood
Defibrated or exploded.
Soda, semichem., screenings, etc
Stocks, end of month:
Total, all mills
Pulp mills
Paper and board mills
Nonpaper mills
Exports, all grades, total.
Dissolving and special alpha
All other.
. __
Imports, all grades, total
Dissolving and special alpha
All other.
_
_ do
do
do
265
23
242
Q
30
199
228
26
202
225
18
208
7g9
9yg
9H
759
273
389
95
3Q?
127
40
87
141
256
23
°33
9
93
Q9
79
--
-
27
23
904.
PAPER AND PAPER PRODUCTS
Paper and board:
Production (Bu. of the Census):
All grades, total, seas, adj
thous. sh. tons.3,137
3,250 ' 3, 004 3,456
3,200
All grades, total, unadjusted
do
Paper
do
1 382 1 436 * 1 308 1 508 1 387
Paperboard
do
1,605
1,496
1,507
1,387
1. 458
11
11
11
Wet-machine board
do
14
9
284
306
Construction paper and board
do
296
333
'300
' Revised.
v Preliminary.
i Beginning Jan. 1963, data for the indicated items exclude
certain oils which have been reclassified as petrochemical feedstocks.
*8 Effective Jan. 1963, "screenings, etc." included with "defibrated or exploded."
Effective Jan. 1863, excludes stocks of "own pulp" at paper and board mills.
3,477
3, 553 r 3, 515
3, 445
3, 283
1 5159
1 547 r 1 tr.-M
i ^n
1 63
1 662
1 615
1 648
11
r 12
12
12
10
318
333
'331
333
315
JRe vised monthly data for 1962 for petroleum products appear on p. 28 of the June 1964
SURVEY; revisions for 1962 and for 1963 (also shown above) for asphalt and tar products appear
on p. 32 of the Apr. 1964 SURVEY.
"
*ppe<«
3,514
1 540
1 620
12
343
3, 314
1 481
1,529
11
293
2,973
1 375
l'334
10
254
3,395
1 535
1 563
11
286
3,276
1 448
1 533
11
284
SUEVEY OF CURRENT BUSINESS
September 1964
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1963
S-37
1964
1963
Monthly
average
July
Aug.
Sept.
Oct.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
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_.
Wholes ale price indexes:
Printing paper
.. 1957-59 =100__
Book paper A grade
do
Paperboard?
- - do
Building paper and board
.
do
Selected types of paper (APPA) : t
Fine paper:
Orders new
thous. sh. tons..
Orders unfilled end of month
do
r
3,131
3,268
3, 170
3,424
3,308
3,523
3,193
2,913
3,458
3,298
3,499
3, 565
3,520
101.4
107.6
93.1
97.2
101.4
107.4
94.7
96.2
101.4
107.4
94.1
97.5
101.4
107.4
94.1
97.5
101.4
107.4
94.1
97.6
101.4
107.4
96.6
96.9
101.4
107.4
96.6
95.1
101.4
107.4
96.5
95.2
101.4
107.4
96.5
95.2
101.4
107.4
96.5
95.0
101.4
109.0
96.5
93.7
101.4
109.9
96.5
93.5
101.4
109.9
96.5
94.4
166
88
174
99
164
103
179
102
171
103
192
108
173
100
157
90
185
85
184
93
184
83
197
92
101.4
109.9
96.5
94.4
' 192
-89
186
89
' 193
101.4
109.9
96.5
94.4
Production
Shipments
Printing paper:
Orders new
Orders unfilled end of month
__do
do
170
168
177
174
159
160
185
187
177
170
190
190
180
179
169
153
187
183
183
187
191
188
'195
191
'193
186
197
do
do
412
370
454
394
432
396
457
395
472
410
484
394
443
378
414
375
499
383
449
368
497
397
483
391
'482
••398
474
392
Production
Shipments
Coarse paper:
Orders new
Orders unfilled end of month
do
do.
409
409
445
445
412
412
471
471
439
439
478
478
457
456
426
425
481
481
446
446
467
467
475
475
'474
'474
466
466
do~
do
346
154
355
164
323
153
369
167
366
182
383
185
364
180
329
154
370
160
360
167
372
161
365
145
'348
'139
342
143
do
do
350
343
353
350
311
311
372
363
340
356
373
366
377
370
339
341
370
369
362
354
369
373
373
372
'360
'353
341
336
558
557
249
553
552
268
551
575
255
586
576
265
551
580
235
630
638
227
613
611
229
535
578
186
564
533
217
549
491
275
566
540
301
625
664
261
610
594
277
610
652
240
617
620
237
179
180
39
185
184
37
173
183
31
191
178
44
164
172
36
194
193
37
190
189
38
180
184
34
198
189
43
174
186
32
190
193
29
192
197
24
201
192
32
194
192
34
174
182
27
Consumption by publlsherscf
do
Stocks at and in transit to publishers, end of
month o"
thous sh tons
465
465
421
443
490
529
524
522
455
452
518
528
550
496
453
586
588
615
632
606
588
559
545
569
572
550
541
511
529
562
Imports
_
do
Price, rolls, contract, f.o.b. mill, freight allowed
or delivered
- Spersh. ton
456
451
497
455
455
522
463
536
444
409
473
475
470
513
515
134. 40
134. 40
134.40
134. 40
134. 40
134. 40
134. 40
134. 40
134. 40
134. 40
134.40
134. 40
134. 40
1357
518
1358
87
326
572
319
78
385
574
381
91
363
611
355
86
385
622
387
92
357
545
373
90
316
494
325
75
363
537
349
88
387
538
386
91
381
532
384
92
387
519
386
90
399
565
391
90
395
587
390
90
10,711
10, 135
11, 903
10, 848
12, 482
10,649
9,870
10, 833
10,460
11,039
11,520
11, 399
126.1
120.3
135.5
129.6
141.7
119.8
130.8
124.4
' 114. 7 ' 123. 3 r 127. 2
'121.0
39.36
69.08
44 07
.254
Production
Shipments
Newsprint:
Canada:
._.
Shipments from mills
-- do
Stocks at mills end of month
do
United States:
Production
do
Shipments from mills
do
Stocks at mills, end of month __
_ _ _ do.
Paperboard (National Paperboard Assoc.): §
Orders, new (weekly avg.)
thous. sh. tons.. 1340
461
Orders, unfilled, end of month
_ . _ __do.
1343
Production, total (weekly avg )
do
85
Percent of activity (based on 6.5-day week)
Paper products:
Shipping containers, corrugated and solid fiber,
10, 182
shipments©
nill sq. ft surf, area
Folding paper boxes, shipments, index of physical
volume
1947-49=100.. 124.1
r
134. 40 "134. 40
361
624
351
81
400
610
403
93
11, 284
11, 198
11, 697
131.5
P118.7
41 37
67 14
31 24
.251
35 09
75. 39
40 51
.246
RUBBER AND RUBBER PRODUCTS
RUBBER
Natural rubber:
Consumption
thous. Ig. tonsStocks, end of month
._
do
Imports incl latex and guayule
do
Price, wholesale, smoked sheets (N.Y.).__$ perlb__
Synthetic rubber:
Production
Consumption
Stocks end of month
Exports
-
38.56
68.47
35.13
p . 285
38.10
72.70
31.63
p. 263
32.92
75.19
25.72
.265
35.55
73.00
31.68
.253
36.31
68.88
26.24
.230
42.59
64.30
30.58
.255
35.29
61.32
27.09
.258
35.75
60.58
28.61
.240
39.59
62.44
38 78
.235
36 66
64.34
26 30
.236
39 80
64.97
41 75
.256
131.20
104. 66
257. 15
25.31
134. 04
108. 90
281.05
23.60
130. 78
92.34
296. 76
24.00
127. 30
100.42
296. 21
27.27
124. 59
105.70
292. 20
21.33
129. 86
127. 89
275. 28
22.51
134.81
109. 26
275. 28
22.90
141.05
107. 54
283. 01
24.86
143. 59
120. 74
279 51
24.00
140 18
111.12
283 20
28.80
146 27
116 69
285 88
27.05
23.38
21.95
29.77
23.45
21.97
30.30
21.12
17.92
32.12
20. 11
19.27
31.22
22.42
21.65
31.35
26.00
25.06
30.88
21.25
20.65
29.78
22 17
20.15
31.19
25 11
22.99
31 47
21 75
20 75
30 51
24 03
22 59
30 37
24 50
24 20
30 42
thous_. 11, 156
11, 594
10, 182
thous. Ig. tons
do
do
_.do
Reclaimed rubber:
Production
Consumption _
Stocks, end of month
do
do
do.
40 68
64 74
28 79
.259
146
121
285
27
22
85
19
85
150
118
293
24
31
49
17
66
23 96
23 10
29 76
146
123
293
24
94
71
02
98
137
104
300
25
.245
99
16
65
60
25 22
22 30
30 92
2Q 21
19 02
32 35
TIRES AND TUBES
Pneumatic casings:
Production
Shipments, total
Original equipment _ _
Replacement equipment
Export . _ _
_
Stocks, end of month
Exports (Bu. of Census)..
._ ._
Inner tubes:
Production
_
Shipments
Stocks, end of month
Exports (Bu. of Census)
__
_
__
_
9,368
10, 540
13, 469
11, 502
11,496
12, 681
11,835
12, 563
13, 331
13, 214
14, 041
11, 509
do
do_ _
do
do
11, 055
3,495
7,430
11, 551 '12,701
9 558
3,919 ' 3, 517 1,606
7,503 ' 9, 053 7,819
129
131
132
11, 232
3,562
7,552
14,021
5, 163
8,700
117
158
10 746
4,366
6,263
10 491
4 470
5,888
12 640
4 337
8 194
134
110
10 406
4 067
6 209
11 996
4*402
7 478
14 117
4* 854
9 130
13 576
4*542
8 907
14 517
4 652
9* 718
12 398
2 810
9 423
126
146
164
do
do
27, 086
29, 978
28, 830
28 652
27 889
27 469
28 272
29 407
29 544
31 090
31 658
31 091
31 Oil
30 644
29 968
do
do
..do. __
do
130
89
3,403
3,442
8,913
81
97
82
3,305
3,398
9,462
76
r
81
78
3, 021
3, 658
9,818
2 792
3 032
9,576
90
61
2 860
3, 115
9,180
82
' Revised.
v Preliminary.
1 Weekly average for year.
9 Revisions for 1961 are available upon request.
JMonthly averages for 1962 for new orders, production, and shipments reflect revisions
to adjusted annual totals; revisions by months not available.
cTAs reported by publishers accounting for about 74.5 percent of total newsprint con-
86
3 408
3 506
9,155
85
117
82
2 827
2 958
9 088
77
73
77
3 138
2 799
9,529
3 914
5 415
8 201
75
55
130
85
3 673
3 613
8 424
72
116
78
3 837
3 381
9*020
51
133
92
3 956
3 392
9 587
78
106
3 591
3 117
10 172
64
105
160
RQQ
O ni n
3 475
10 471
3 370
10* IS'S
3
73
87
sumption in 1962 and 74 percent in 1963 and 1964.
§ Revised to reflect weekly averages for new orders and production, and percent activity
on basis of 6.5 days per week; comparable data prior to 1962 will be shown later.
©Revisions
by months for 1962-Feb. 1963 will be shown later.
SURVEY OF CURRENT BUSINESS
S-38
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1963
Monthly
average
September 1964
1964
1963
July
Aug.
Sept.
Oct.
Dec.
Nov.
Jan.
Feb.
Mar.
Apr.
May
June
July
34,417
84
35,511
36, 185
92
38, 750
37, 220
91
40, 678
44, 425 '41,894
29, 580 '27,065
38, 436
24, 249
Aug.
STONE, CLAY, AND GLASS PRODUCTS
PORTLAND CEMENT
Production finished cement
Percent of capacity
Shipments finished cement
Stocks, e nd of month:
Finished
Clinker
36, 802
91
39, 145
37 452
93
40, 257
34, 682
88
36, 547
36 624
90
41,352
30, 377
77
26,317
23 993
59
16, 958
18 931
46
17, 425
19, 729
51
17, 597
24, 697
61
22, 722
29, 493
75
29, 178
36, 720 38, 029 38, 057
24, 160 '23,081 ' 23, 910
35, 209
19, 774
33, 236
17, 400
28, 485
13, 631
32, 491
13, 820
39, 556
16, 793
41,047
21, 741
43, 181
25, 610
45, 152
29, 242
45, 462
30, 667
620.4
26.2
135.1
431.1
23.4
94.8
424.1
27.1
93.4
446.5
25.1
101.3
590.8
29.6
137.5
679 3
31.7
151 8
thous. bbl_- 28, 027
75
thous. bbl_- 27, 893
__do
do
29, 441
74
29, 354
r
CLAY CONSTRUCTION PRODUCTS
Shipments:
Brick, unglazed (common and face)
mil standard brick _. 576.1
35.2
Structural tile except facing
thous. sh. tons_gewer pipe and fittings vitrified
do -. 142.8
Facing tile (hollow), glazed and unglazed
mil brick equivalent- . 33.6
Floor and wall tile and accessories , glazed and un21.1
glazed
mil SQ ft
Price index" "brick (common), f.o.b. plant or N.Y.
dock
1957-59=100.. 104.9
617.1
32.0
145.6
747,4
39.7
176.1
745.3
35.6
186.9
684.3
30.9
171.1
776.7
34.1
186.4
29.7
32.4
33.1
29.7
35.7
29.2
25.8
22.8
22.2
23.3
24.5
22.8
25 3
21.5
19 1
'21 2
r
106.1
106.4
106.4
105.8
105.8
105.9
106.1
106. 1
'739 6
32.6
166 1
769.9
32.8
184.5
20.2
T
21.9
26.4
27 8
25.2
20 8
'24.8
25 5
23 9
25 5
107.1
107.1
107.3
107.3
107.1
107.1
GLASS AND GLASS PRODUCTS
Flat glass,mfrs.' shipments (qtrly. average or total)
thous $
Sheet (window) glass shipments
do
Plate and other fla t glass shipments
do
71, 497
31,612
39, 885
78, 274
35, 370
42, 904
Glass containers:
Production
80 857
38, 766
42, 091
78 211
32,610
45, 601
89 298
41,314
47 984
80 644
35. 272
45 372
14, 655
15, 166
16, 202
17, 095
14, 803
15, 677
14, 271
12,712
14, 424
14, 704
15,877
16, 391
16, 776
17, 652
17,004
14.319
Shipments, domestic, total
..do
General-use food:
1, 582
Narrow-neck food
_.
do
Wide-mouth food (incl. packers' tumblers,
jelly glasses and fruit jars)
thous. gross. . 4,110
14, 730
15, 601
17, 741
14, 805
15, 497
13, 283
13, 382
13, 714
13, 397
15,377
16.514
15, 283
16, 967
16, 301
1,602
1,863
2,290
2,765
1,838
1,186
1,204
1,331
1,294
1,508
1,642
1,367
1,455
2, 105
4,100
4,048
5,275
4,124
4,633
3,847
3,848
4, 181
4 034
4,134
3,911
4,040
4,355
4,096
thous. gross-
Beverage
Beer bottles
Liquor and wine
do
do
do
1,187
' 2, 184
1,269
1,350
2,453
1,295
1,969
3,264
1,060
1,430
2,983
1,338
858
1,971
1,337
921
2, 157
1,643
959
2,101
1,323
1,382
2.286
1,226
845
2 054
1 286
987
2 137
1 293
1,422
2,683
1,413
1,700
3, 542
1,392
2. 105
? 822
1,379
'2,359
3 543
1 425
2 027
3 669
1 094
Medicinal and toilet
Chemical, household and industrial
Dairy products
-
do
do
do
3,066
786
134
3,061
742
127
2,588
686
123
3,431
812
182
2,933
679
138
3,401
765
139
3,095
648
124
2,704
584
148
3 263
639
115
2 956
602
94
3,364
751
102
3,490
699
138
2,890
590
90
3 089
637
104
2 647
553
110
do
22, 921
25, 533
26, 401
26, 006
25, 151
25, 564
26,315
25 540
26 067
25 893
26, 136
25, 633
26 948
27 294
27 570
Crude gypsum, qtrly. avg. or total:
Imports
thous sh tons
Production
do
1,355
2, 492
1,372
2,561
1,566
2,902
1 375
2,425
1,397
2,377
1 280
2,733
Calcined, production qtrly. avg. or total
2,205
2,295
2,518
2,226
2,209
2,437
1,012
67
1,035
70
1,263
70
947
69
822
73
1 200
75
256
257
259
250
284
289
232
240
237
217
269
254
Stocks, end of month
GYPSUM AND PRODUCTS
_ do
Gypsum products sold or used, qtrly. avg. or total:
Un calcined uses
thous sh tons
Industrial uses
do
Building uses:
Plasters:
Ba^e-coat
do
All other (Incl Keene's cement)
do
Lath _
Wallboard
All other§
mil. sq ft
do
do
396.2
387.3
1, 657. 9 1, 777. 4
58.9
62.0
437. 0
1, 994. 8
69.0
365. 7
1 721 1
51.6
365 0
1 730 1
60 9
391 8
1 905 7
73 8
TEXTILE PRODUCTS
WOVEN FABRICS
Woven fabrics (gray goods), weaving mills: 0
Cloth woven, total
_
_mil. linear yd._
Cotton
_
__.
_do
Stocks, end of year or mo., totald*
do
Cottond"
do
Orders (unfilled), end of year or mo., total 1_ do
Cotton 1
_
do
975.5
760.2
1, 488.0
1,192. 5
2,472. 3
1,848.9
981.9
756.9
1, 509. 3
1, 176. 7
2, 491. 5
1, 800. 8
i 923. 2
i 710. 7
U,491.5
11,133.6
12,436.3
11,760.3
934.4
720.9
1, 506. 1
1,158.5
2. 506. 4
1,798.8
939.8
719.1
1, 505. 0
1,164.0
2, 546. 1
1, 848. 8
11,179.7
1915.3
1
1,475.7
1
1,149. 9
12,827.9
12,023.4
957.0
736.3
1,494.5
1, 168. 0
2, 968. 9
2, 127. 1
214,864 215, 283
245
1,326
4,786
10, 055
12,820
887.1
684.2 i 893. 8
741.3
733.0 i 898. 5 729.1
729.4
1, 564. 0
1, 235. 6 U,157.1 1,131.4 1,116. 5 1 1,081 4 1,087 1 1 071 8
2, 892. 8
2, 084. 8 U,882.5 1, 797. 4 1, 682. 2 1 1.555. 8 1,624.8 1, 700. 2
COTTON
Cotton (exclusive of linters) :
Production:
GinningsA
thous .running bales.Crop estimate .equivalent 500-lb. bales
thous. bales..
Consumption O
_.
_
do
Stocks in the United States, end of mo., total O
thous. bales..
Domestic cotton, total O
do
On farms and in transit
do
Public storage and compresses O
- do
Consuming establishments
do
Foreign cotton, total O
do
214,867
726
14,696
14,593
3,371
9,564
1,658
103
14, 070
4
15, 117
152
1 Oil
5
15, 327
700
1685
667
663
i 829
678
605
i 814
683
673
1831
687
683
i 741
14 945
712
17, 741
17,613
3,492
12, 762
1.359
128
11,216
11,123
280
9,647
1,196
93
24, 531
24, 395
13, 532
9,807
1,056
136
24, 046
23, 899
11, 230
11,688
981
147
23, 360
23, 207
6,948
15, 209
1,050
153
22, 296
22, 146
4,391
16, 510
1,245
149
21, 170
21,019
2,354
17, 260
1,405
151
19, 512
19, 373
1,218
16, 557
1,598
139
18, 407
18, 277
1,066
15, 539
1,672
130
16,957
16, 839
459
14, 664
1,716
118
15, 700
15, 594
411
13, 582
1,601
106
14, 683
14, 588
387
12, 750
1,451
95
13,712
13,632
427
11,933
1,272
80
12, 383
12,311
270
10,916
1,125
72
11,058
887
135
r
Revised.
i Data cover 5 weeks; other months,
4 weeks.
2 Total crop for year.
5
s Ginnings to Dec. 13.
< Ginnings to Jan. 16.
Sept. 1 estimate of 1964 crop.
§ Comprises sheathing, formboard, and laminated board.
©Effective Jan. 1964, the manmade fabrics classifications were revised and the survey
expanded to include drapery fabrics; silk and chiefly silk mixtures were omitted from the
canvass. Because of apparent reporting problems in the synthetics, data for total fabrics are
withheld; revised Apr.-June 1964 figures for wool apparel fabrics (mil. yd.): Woven,
Digitized forbeing
FRASER
26.6; 22.0; 22.7; stocks, 33.4; 33.2; 30.9.
3
2
c?Stocks are those owned by weaving mills and those billed and held for others, except
that stocks exclude denims stocks billed and held for others, and all bedsheetinpr stocks.
^Excludes orders for wool apparel fabrics and bedsheeting.
ATotal ginnings to end of
month indicated, except as noted. O Revisions for Aug. 1962-June 1963 are available; for
stocks monthly averages also reflect cotton released by GSA from the cotton stockpile (beginning July 1962).
SURVEY OF CURRENT BUSINESS
September 1964
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1963
Monthly
average
S-39
1963
July
Aug.
Sept.
1964
Oct.
Nov.
Jan.
Dec.
Feb.
Mar.
Apr.
May
June
July
Aug.
TEXTILE PRODUCTS—Continued
COTTON— Continued
Cotton (exclusive of linters)— Continued
363
Exports
- - . -thous. bales - . 321
12
11
Imports
do
Prices (farm), American upland
cents per lb_. 131.7 2
i
33.
5
*
33.'
1
Prices middling 1" avg 15 markets
do
183
3
31.8
33.4
274
79
32.0
33.2
361
4
32.7
33.1
384
24
32.9
33.1
501
5
32.5
33.1
628
1
31.3
33.2
587
1
30.1
33.2
570
3
29.4
33.3
490
5
30.7
33.4
400
6
31.7
33.4
381
4
32.1
33.4
387
2
32.4
33.3
32.5
32.6
30.6
31.2
Cotton linters:
Consumption©
Production f
Stocks end of mof
399
36
550
114
63
482
106
147
497
3131
205
566
100
201
651
99
169
699
3129
184
760
111
165
783
108
147
797
3 132
119
777
109
89
726
118
62
649
3102
44
599
107
18, 696 18, 742
15, 758 15, 753
9,345 311,788
472
467
7,903 3 9, 903
18, 660
15, 653
9,538
477
8,000
18, 625
15, 656
8,563
428
7,220
18, 591
15, 596
11,579
463
3
9, 742
18, 543
15, 521
9,494
475
7,978
18, 492 18, 484
15, 440 15, 381
9,294 311,503
465
460
7,798 3 9, 609
18, 442
15,292
9,481
474
7,892
18, 376 18, 446
15, 208 15, 238
9,422 310,272
411
471
7,836 38,455
18,543
15,273
9,678
484
7,981
.645
.911
.650
.920
.655
.923
.655
.923
.655
.923
- -
-
thous. bales.do
- --do
COTTON MANUFACTURES
Pplndle activity (cotton system spindles):©
Active spindles, last working day, total_.thous ..
Consuming 100 percent cotton
do_
Spindle hours operated, all fibers, total
mil..
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 broadwoven goods over 12" in width:
Production, qtrly. avg. or total© ..mil. lin. yd_.
Orders, unfilled, end of mo., as compared with
avg. weekly production
No. weeks' prod..
Inventories, end of mo., as compared with avg.
weekly production
No. weeks' prod-Ratio of stocks to unfilled orders (at cottor?
Mill margins! _ _.
cents per Ib
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
109
134
628
111
129
667
' 18, 807 ' 18, 628 ' 18, 634
' 16, 750 ' 15, 813 '315, 688
' 9, 895 r 9, 849 ' 9,711
'388
458
456
' 8, 780 ' 8, 349 '38,151
.660
.938
.644
.912
2,312
2,195
10.8
18, 681
15, 757
9,344
467
7,870
.645
.911
3
697
.640
.911
.640
.911
10.6
12.6
10.1
10.5
11.5
12.3
12.8
11.0
10.1
5.4
5.5
6.4
5.3
5.3
5.1
5.0
5.5
5.1
4.9
.51
25.24
.52
25.20
.52
24.71
.49
25. 27
.48
25. 80
.41
26.23
.39
26.73
. 42
26.92
.47
26.87
.51
26.85
39.6
15.4
17.0
38.1
15.9
17.0
38.3
15.7
17.0
38 2
is! 9
16.9
37.7
16.0
16.9
37.7
16.3
16.9
37.7
17.0
17.1
37.7
17.0
17.8
37.7
17.0
17.8
37.7
17.0
17.5
597.3
181.5
125.0
243.2
47.6
659.2
177.4
144.8
289.0
48.0
9,177
4,281
8,196
4,187
7,980
4,715
8,197
4,679
8,330
4,003
8,008
5,556
8,662
6,080
9,160
4,309
7,442
2,499
6,691
5,544
8,899
3,938
8,498
3,664
9,005
3,199
10, 177
5,013
10, 204
3,947
809
5,463
680
10, 463
723
12, 262
813
10,063
837
10, 155
884
13,089
487
12, 913
510
15, 462
529
15, 367
437
12, 357
518
17, 415
563
12, 287
592
11,578
882
10, 453
967
9,636
53.2
48.4
s 79.8
527.0
56.8
35.5
8 5113. 3
28. 5
58.5
32.1
58.5
32.1
57.3
33.9
119.6
27.9
53.1
38.5
50.4
35.7
47.0
37.9
135.9
29.7
44.7
40.3
43.6
41.9
41.0
48.3
' 137. 7
29 0
37.9
52.5
36.1
56.6
'35.0
60.9
131.5
31 0
35.7
58.9
.82
.26
.82
.27
.82
.28
.82
.28
.82
.28
.82
.28
.82
.28
.82
.28
.78
.28
.78
.28
.78
.28
.78
.28
.78
.28
.78
.28
*. 78
v. 28
688.8
758.7
16, 628
16,612
15, 880
12, 546
2,072
.655
.918
.636
.913
.631
.895
.631
'.896
p. 631
p. 889
9.7
9.1
9.4
9.8
13.8
4.9
5.0
5.1
4.8
6.0
.52
26.87
.57
26.37
.56
25.95
.49
25.11
.45
25.35
38.0
17.0
17.7
37.7
16.5
17.8
37.7
15.8
17.8
'36.9
'15.6
'16.6
f 36.9
v 15.7
* 17.0
' 728. 9 _
189 6
162.2
'322 7
' 54 4
_ .
2,231
2,215
33.36
M ANMADE FIBERS AND MANUFACTURES
Filament yarn (rayon and acetate)
do
Staple incl tow (rayon)
do
Noncellulosic (nylon, acrylic, protein, etc.) -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 mo.:
Filament yarn (rayon and acetate)
mil Ib
Staple incl tow (rayon)
do
Noncellulosic
fiber©
do
Textile glass
fiber
do
Prices, rayon (viscose):
Yarn, filament, 150 denier A
$perlb_.
Staple, 1 5 denierA
do
Manmade fiber and silk broadwoven fabrics: t
Production, qtrly. avg. or total 9 --.mil. lin. yd__
Filament yarn (100%) fabrics 9
do
Chiefly rayon and/or acetate fabrics
do
Chiefly nylon fabrics
_ - _
do
676.8
176.6
146.0
305.7
48.5
705.8
189.3
152.6
313.4
50 5
729.2
800.1
844 8
371.2
198 6
69 8
Spun yarn (100%) fabrics (except blanketing) 9
mil. lin. ydRayon and/or acetate fabrics and blends
295 4
Polyester blends with cotton
do
Combinations of filament and spun yarn fabrics
mil. lin. yd-_
11, 633
Exports, piece goods
thous sq yd
WOOL
Wool consumption, mill (clean basis):©
Apparel class
__ mil Ib.
Carpet class
_ _ _ _.
do
Wool imports, clean yield
_.
do. .
Duty-free (carpet class)*
do
Wool prices, raw, clean basis, Boston:
Good French combing and staple:
Graded territory,
fine
$ per lb_.
Graded fleece, $4 blood
.
do
Australian, 64s, 70s, good topmaking
do
723.9
190.1 ' * 65. 6"M&iT
« 43. 0
141.5 ' < 4 2 . 5
334 1
58.2
154 2
105 7
13, 283
14, 693
14, 061
13, 788
119 1
17, 318
20.7
316.0
20.6
14.7
16.1
12.0
13.7
6.9
16.7
10.6
25.9
14.8
322.7
313.6
21.6
11.8
19.0
10.6
21.6
11.5
17.8
9.4
17.8
8.9
321.3
18.5
9.8
19.2
7.5
18.5
11.5
19.8
8.6
13.8
6.6
17.3
9.8
1.325
1.191
1.275
1.325
1.205
1.275
1.325
1.226
1.275
1.425
1.255
1.455
1.425
1.255
1.455
1.450
1.255
1.455
1.450
1.255
1.455
1.415
1.255
1.439
1.375
1.289
1.375
1.375
1.300
1.375
1.335
1.300
1.375
104.6
104.6
107.1
107.9
107.9
107.9
107.9
107.9
107.9
107.5
107.5
95.8
95.8
95.8
v 95.8
12, 972
10, 492
13,689
13, 439
23.4
12.4
23.1
11.8
20.9
13.4
23.8
14.0
321.1
312.1
29.6
22.0
20.0
13.5
22.2
16.0
18.2
13.6
16.0
10.4
1.247
1.090
1.155
1.326
1.175
1.285
1.325
1.175
1.275
1.325
1.175
1.275
104.6
104.6
13, 684
3
311.1
1.398
1.300
1.375
WOOL MANUFACTURES
Knitting yarn, worsted, 2/20s-50s/56s, Bradford
system, wholesale price
1957-59=100.. 100.6 105.4
Woolen and worsted woven goods, exc. felts:
Production otrly avg or total© thous lin yd 77, 465 '71,101
Apparel fabrics total
do
75, 310 '68,485
Women's and children's
do
45, 423 '43,246
Suiting, price (wholesale), flannel, men's and
>»nvc f n V» mill
1Q57 *Q — inn
04 Q
OR 8
a* 8
95.8
OR 8
l
2
' Revised.
v Preliminary.
Season average.
Season average to
Feb. 1, 1964.
5
*Data cover 5 weeks; other months, 4 weeks.
* For month shown.
Qrtly. average.
©Revisions for Jan. 1962-June 1963 are available.
9 Includes data not shown separately.
t Production and stocks of linters at oil mills revised to approximate running bales; data
back to Aug. 1958 are available.
'61,997
'59,302
'39,168
'66,531
'64,712
'45,466
95.8
95.8
95.8
68, 145
66, 159
42, 075
95.8
95.8
95.8
^Beginning Aug. 1964, margins reflect the 6.5 cents per pound cotton equalization payments
made to domestic cotton users on all bales of eligible cotton opened beginning 4/11/64; note
that the Apr.-July 1964 margins do not reflect these payments.
AEffective Jan. 1964, data not strictly comparable with earlier prices.
I See corresponding note, bottom of p. S-40.
*New series. See corresponding note in the Aug. 1964 SURVEY. Monthly data back to
1959 are available.
SUEVEY OF CURRENT BUSINESS
$-40
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS
1962
1963
Monthly
average
September 1964
1963
July
Aug.
1964
Oct.
Sept.
Nov.
Dec.
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
TEXTILE PRODUCTS—Continued
APPAREL
thous. doz. pairs. _ 14, 343
15. 007
14, 361
17, 159
15, 194
17, 584
14,331
13, 399
16, 350
15, 411
15, 423
14, 763
13, 892
16, 544
15, 174
-thous. units. _
- do
1,685
1,799
1,131
1,838
1,589
2,011
1,787
1,677
1,934
1,771
1,664
1.929
1,156
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
943
9,527
2,061
1,054
9, 120
2,071
730
8,876
882
8,843
1,548
1,024
10,214
2,201
281
303
366
313
372
283
2,002
20, 880
806
2,046
21,914
828
2,488
19, 340
1,370
1,363
1,263
Hosiery shipments
Men's apparel, cuttings: t
Tailored garments:
Suits
Overcoats and topcoats
Women's, misses', juniors' outerwear, cuttings: t
Coats
thous. units. _
Suits
do
Blouses waists and shirts
Skirts '
__thous. doz__
do
401
656
329
825
314
813
935
316
231
1,022
8,383
2,100
967
7,384
1,918
1,218
9,480
2,276
425
335
410
311
475
341
2,739
21,061
813
2,440
18, 874
1,371
1,005
1,263
489
343
636
158
189
209
225
309
1,724
-384
1,757
390
311
1, 853
1,169
9,560
2,138
1,030
9, 587
2,101
1,021
9,698
2,020
1,173
10, 672
2,118
1,116
10, 847
2,098
1,024
11,354
1,975
659
9,947
1 730
373
307
325
219
402
336
424
325
433
319
444
339
'425
415
304
379
268
2,529
22,353
858
2,001
18, 933
1,727
15,915
770
2,247
21, 920
1, 259
2,445
24, 866
1,362
1,588
28, 149
2, 135
22, 953
-909
2,408
19, 774
1,004
1,640
1,351
1,041
690
1,408
1,500
978
1,442
776
758
804
796
607
741
868
306
1,032
1,541
29, 943 -25,545
584
-628
1,471
825
1 250
-844
r
T
1, 354
-923
1 246
897
TRANSPORTATION EQUIPMENT
AEROSPACE VEHICLES
3,741
2,996
3,330
4,414
3,519
4,018
5,194
4,003
4,680
3,656
2,758
3, 263
4,899
3, 863
4,443
4 580
3 396
4 192
3,993
3,138
4.102
3,301
4 170
3,418
4,257
3,398
4 098
3,144
4 345
3 365
13, 138
Backlog of orders end of year or qtr 9
do
10, 572
U S Government
do
Aircraft (complete) and parts
_ .
do__ _ 5,045
1,527
Engines (aircraft) and parts
do
Missiles, space vehicle systems, engines, propulsion units, and parts
mil. $_. 4,056
Other related operations (conversions, modifications) products services
mil. $_. 1,480
13 919
10, 953
5,301
1 510
14, 522
11,579
5,345
1,484
13, 919
10, 953
5,301
1,510
-14 705
-11 665
5,879
1 383
14 940
11 696
6* 180
1 342
4,661
5,151
4,661
- 4, 809
4 896
1,295
1,365
1,295
81.8
1,682
27.3
57.2
1,340
20.3
47.1
1,023
9.3
48.7
1,097
18.5
58.4
1,199
13.2
63.3
1,380
11.6
52.8
1,306
20.9
88.1
2,045
15.4
84 6
1,815
41.8
66.5
1,567
17.9
96 7
2,011
25.0
114.6
2,297
33.4
92 3
1,997
24 0
96 0
2,091
19 8
71 4
1,631
24 9
681.1
654.6
577.8
562.8
103.3
91.9
758 4
730 0
636 5
620.3
121 9
109.7
790 0
763 7
660.9
649.4
129. 1
114.2
251.4
240.3
167.8
165.1
83.6
75.2
598 8
566.1
481.8
463.0
117.0
103.1
945.7
906.2
804.0
779.2
141.7
127.0
873.3
836.8
748.5
726.2
124.7
110.6
881.8
846. 4
754.0
733.0
127.8
113.5
859 6
831 5
726 2
709.0
133 5
122.5
814 1
784 8
681. 1
665.4
133. 1
119.4
860
829
718
700
142
128
5
3
0
9
5
4
939 9
909 3
786 4
770 2
153 5
139'. 1
875
845
735
719
140
125
893
8§9
740
726
152
136
691
670
570
562
121
108
number.. 20, 100
11, 246
do
8,855
__ _ __do
22, 928
12 851
10 076
17, 587
6,837
10, 750
13, 241
3, 519
9,722
17, 142
8,294
8,848
27, 970
14, 998
12, 972
42, 056
29, 066
12, 990
34.607
24, 799
9,808
33, 829
20 274
13, 555
27, 606
13 995
13 611
23, 857
11 932
11 925
22, 407
12 031
10, 376
27, 769
13 166
14 603
34, 681
18 986
15 695
22,032
10 677
11 355
36 534 39, 834
35, 308 38, 693
21, 978
21, 240
32,350
31,019
38, 835
36, 834
39, 086
38, 504
40,952
40,037
45, 588
44, 330
38 426
38, 243
47. 238
46, 868
46, 404
45, 950
41 211
40 808
47 015
46' 481
47 172
46 812
6,153
3,514
6,541
3,879
6 404
3,736
7,434
4,556
6,590
4,311
6 503
4,139
6 135
3 802
5 910
3 609
7 184
4*246
8 141
4 745
7 991
4 562
8 185
4 614
7 888
4 538
Orders new (net) qtrly avg or total
U S Government
Prime contract
Sales (net), receipts or billings, qtrly. avg.
U S Government
-
mil. $_.
__do
__do
or total
mil $
do. __
\ircraft (civilian)* Shipments © _ _ __
_ -do
Airframe weight ©_ thous. lb_.
Exports
mil. $__
1,403
1 326
MOTOR VEHICLES
Factory sales total
Domestic
Passenger cars, total
Domestic .Trucks and buses, total
Domestic -
thous
do
do
do ..
do
_ _ _ _ _ d o ___
Exports, total
Passenger cars (new and used)
Trucks and buses _
._
__
Imports (cars, trucks, buses), total d"
do _ _ - 33,080
32, 063
Passenger cars (new and used)cf
do
Shipments, truck trailers: A
Complete trailers and chassis
__
do _ _ 6,081
Vans
_
_ _ _ d o _ _ _ 3,733
Trailers and chassis (detachable), sold separately
537
number _ _
Registrations:©
New passenger cars
__thous__ 578. 2
28.3
Foreign cars
_
_ _ _. _. _ _ do
89.1
NTew commercial cars (trucks)
do
6 465
3 885
7
1
0
5
7
6
2
g
6
7
5
0
4
2
3
1
1
1
445
505
276
285
365
427
459
342
289
515
607
623
627
651
629 7
32 1
103 7
706.0
34 5
111 3
552.9
31.5
105.0
403.6
93 5
714.7
32.2
117.1
640.2
26.4
100.4
712.0
35.8
114 6
612. 0
35 4
102 7
551.8
29.8
90 9
636 9
35 8
108 3
812 3
45 0
132 5
780 6
41 3
124 3
754 3
42 5
122 4
724 2
44 2
123 0
3,747
2,608
1,140
4,017
3,016
1,001
4,141
2,907
1,234
4,327
2,984
1,343
4 ; 725
3,366
1,359
3,911
2,925
986
4,442
3,087
1,355
5 253
3,299
1,954
5 467
3,674
1,793
6 780
4 336
2 444
6 529
3 531
2 998
6 931
3 947
2 984
6 759
4 190
2 569
5 258
4 055
1 203
-r 3, 075 r 5, 097
1, 978
3,665
1,097 - 1, 432
4 354
2 083
2,271
3 020
2 986
34
8, 066
2 319
1 921 - 3, 637
398 - 4, 429
8 273 - 9 827
6,673
7 868
1,600 -1 959
10 552
3 441
7 111
3 701 r 7 041
3 172 - 5 454
529 r 1 587
- 2 796
T 2 496
300
T 6 943
r 4 894
2 049
- 4 593
3 554
- 1' 039
4 709
3 692
1 017
00
-7
i 288 8
1 igo 2
i 98 7
RAILROAD EQUIPMENT
Freight cars (ARCI):
Shipments
Equipment manufacturers, total
Railroad shops, domestic
.number...
do
_do_ _ _
New orders
_
__ _
Equipment manufacturers, total..
Railroad shops, domestic
_
Unfilled orders, end of year or mo
Equipment manufacturers, total
Railroad shops, domestic...
Passenger cars: Shipments
Unfilled orders, end of mo
Freight cars, class 1 ( A A R ) : §
Number owned, end of year or mo
Held for repairs, % of total owned
do _
_ do_ _
_.do
3,046
1,962
1,085
r
do
do
do
14,315
6,788
7,527
22,183
12, 645
9,538
21, 925
12. 279
9,646
20, 749
12,303
8,446
18, 388
11, 188
7,200
22, 196
11,626
10, 570
26, 611
15,425
11, 186
32,311
20, 161
12, 150
37, 836
20,291
17, 545
36, 080
19 789
16, 291
36, 922
20 960
15 962
34. 690
1Q ^30
14 760
33, 410
91 084
12 326
30, 631
20 383
10 248
28, 618
19 757
8 861
do
do
23
174
16
198
26
178
43
250
42
220
35
202
24
178
14
317
5
352
5
387
5
382
5
377
6
371
15
356
21
363
1,552
8.0
1,515
6.8
1,531
7.9
1,528
7.7
1, 527
1,521
1,519
1,515
1,513
1,507
1, 505
6 3
1,503
6 2
1,502
6 1
1,501
6 0
1,500
61
thous..
7.7
l
' Revised.
Preliminary estimate of production.
t Monthly revisions for Jan. 1961-Oct. 1962 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.
c^Data cover comnlet.p units, chassis, and hndip«
AEffective with the Apr. 1964 SURVEY, shipments have been substituted for production.
Shipments of trailer chassis only and dump trailer chassis, sold separately, are now included
with the complete trailers and chassis (except detachable). Data back to 1958 are available.
OCourtesy of R. L. Polk <fc Co.; republication prohibited.
§ Excludes railroad-owned private refrigerator cars and private line cars.
7.1
7.0
6.8
6.5
6.3
NOTE FOR M A N M A D E FIBER FABRICS, P. S-39. {Effective 1st qtr 1964
data reflect revised fabric classifications. The difference between total production and the
sum of data for filament, spun, and mixed yarn fabrics shown separately (p. S-39) covers
upholstery, blanketing, silk, paper, and other specialty fabrics. 1 he difference between the
total for 100% filament yarn and the components shown, covers all other filament yarn goods
including glass fiber and polyester fiber fabrics. Earlier data comparable with the detail
shown are not available. Figures for 1st qtr. 1964 reported under the new classification
system and recoded to the old are summarized for comparison with data shown in the Aug
1964 and earlier issues of the SURVEY as follows (mil. yd.): Total, 840 5; rayon 485 2- nylon
79.1; polyester, 204.0; silk, 4.3.
' '
'
U. S. GOVERNMENT PRINTING OFFICE : 1964 O - 741-612
TO CURRENT BUSINESS STATISTICS, Pages S1-S40
SECTIONS
General;
Business indicators
Commodity prices
Construction and real estate
Domestic trade
1-7
7, 8
9, 10
10-12
Employment and population
Finance
.
Foreign trade of the United States
Transportation and communications
12-16
16-21
21-23
23, 24
Industry:
Chemicals and allied products
Electric power and g&s
Food and kindred products; tobacco
Leather and products
25
26
26-30
30,31
Lumber and products
Metals and manufactures
Petroleum, coal, and products
Pulp, paper, and paper products
31
32-34
35, 36
36, 37
Rubber and rubber products
Stone, clay, and glass products
Textile products
Transportation equipment
37
38
38-40
40
INDIVIDUAL SERIES
Advertising
Aerospace vehicles
Agricultural loans
Air carrier operations
Aircraft and parts
3,
Alcohol, denatured and ethyl
Alcoholic beverages
Aluminum
Apparel
1, 3, 4, 7, 8,
Asphalt and tar products
Automobiles, e t c _ _ _ 1, 3-6, 8, 10, 11, 13-15,
10, 11,16
40
16
23
13-15, 40
25
8, 10, 26
23, 33
10-15, 40
35,36
19, 22, 40
Balance of international payments
2
Banking
16, 17
Barley
27
Barrels and drums
33
Battery shipments
34
Beef and veal
28
Beverages
4, 8, 10, 26
Blast furnaces, steel works, etc
13-15
Bonds, outstanding, issued, prices, sales,
yields
18-20
Brass and bronze
33
Brick
38
Broker's balances
20
Building and construction materials. 8,10, 31, 36, 38
Building costs
9, 10
Building permits-...
9
Business incorporations (new), failures
7
Business population
2
Business sales and inventories
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 4 or more and 11
or more stores
12
Cheese
27
Chemicals
_.
4-6,8, 13-15, 19, 22, 25
Cigarettes and cigars
8, 30
Civilian employees, Federal
,
14
Clay products
8,38
Coal___
4, 8, 13-15, 22, 24, 35
Cocoa...,, __
..
_
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
Highways and roads
9, 10
Housing starts
9
New construction put in place
1, 2, 9
Consumer credit
17, 18
Consumer expenditures
.
.
1,2
Consumer goods output, index
3, 4
Consumer price index
7
Copper
23, 33
Corn__
27
Cost of living (see Consumer price 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 gas-4, 13-15, 35
Currency in circulation
_
19
Dairy products
Debits, bank _ _
Debt, U.S. Government
.
Department stores .
_
Deposits, bank_
Disputes, industrial
Distilled spirits_
Dividend payments, rates, and yields
Drug
stores, sales
3,7,27
16
18
_ _ 11,12,17
16, 17, 19
16
26
1, 3, 18-21
11, 12
National defense expenditures _______________ 1, 18
National income and product _______________ 1, 2
National parks, visits ______________________ 24
Newsprint_________________________________23, 37
New York Stock Exchange, selected data_______20, 21
Nonferrous metals________________3, 8, 19, 23, 33, 34
Noninstallment credit_______________________17. 18
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,
5,6,13-15,19,22,34
Employment estimates
12—14
Employment Service activities
_
16
Expenditures, U.S. Government
18
Explosives
25
Exports (see also individual commodities).. . _ _
1,
2,21-23
Express operations
23
Oats^_______________________ _ ____________ .__
27
Oil burners. _ _ __ _ ______ _____ ______ __
34
Oils and fats____________________________8, 22, 29, 30
Orders, new and unfilled, manufacturers' _____ 6
Ordnance________________________________13-15
Failures, industrial and commercial
7
Fans and blowers
34
Farm income, marketings, and prices
1, 3, 7
Farm wages
,
,
16
Fats and oils
8 , 2 2 , 29,30
Federal Government
finance
18
Federal Reserve banks, condition of
16
Federal Reserve member banks
17
Fertilizers
8, 25
Fire losses
10
Fish oils and
fish
29
Flooring, hardwood
31
Flour, wheat
28
Food products.
4-8, 10, 11, 13-15, 19, 22, 23, 27-30
Foreclosures, real estate
10
Foreign trade (see also individual commod.)
21-23
Foundry equipment _
34
Freight carloadings
24
Freight ca rs (equipment)
4,40
Fruits and vegetables--..
7,8,22
Fuel oil
35, 36
Fuels
.
— 4, 8, 35, 36
Fur na ces
34
Furniture
3,4,8, 11-15, 17
Furs
... ' 23
Paint and paint materials ___________________ 8, 25
Panama Canal traffic __________ _ ___________ 24
Paper and products and pulp _________________ 3,
5, 6,8, 13-15, 19,23, 36,37
Parity ratio ______________________________ 7
Passports issued _____________________________ 24
Payrolls, indexes_______________________________14
Personal consumption expenditures __________ 1, 2
Personal income.-- _______________________ 2, 3
Petroleum and products ________________ ___ 4-6,
8,11,13-15,19,22,23,35,36
Pig iron ____________ ,
______________________
32
Plant and equipment expenditures __________ 2, 20
Plastics and resin materials ________________ 25
Population ___________________________ ___ 12
Pork ______________________________________ 28
Postal savings _______________________________ 17
Poultry and eggs__________________________3, 7, 29
Prices (see also individual commodities) _______ 7, 8
Printing and publishing_____________________4, 13-15
Profits, corporate _ _
________________________
1, 19
Public utilities______________2-4, 7-9, 13-15, 18-21
Pullman Company _________________________ 24
Pulp and pulpwood__________________________36
Purchasing power of the dollar _______________ 8
Gas, output, prices, sales, re venues
.
Gasoline
Glass and products
Glycerin
Gold
Grains and products
7, 8, 22,
Grocery stores
GrO88 national product
Gross private domestic investment
Gypsum and products
34
Radiators and c onvectors _______________________
Radio and television__________________4, 8, 10, 11, 34
Railroads ______________ 2, 13, 14, 16, 18, 20, 21, 24, 40
Railways (local) and buslines_____________13 15, 23
Rayon and acetate _ ____________________
39
Real estate________________________________10, 17, 18
Receipts, U.S. Government __________________ 18
Recreation _________________ _______________ _ _ _
7
34
Refrigerators and home freezers_______________
Rent (housing)________________________________
7
Retail trade___________________4, 5,7,11-15, 17,18
Rice __________ _
_____________________________
27
Roofing and siding, asphalt ___________________ 36
Rubber and products (incl. plastics)
4-6,
8, 13-15, 23, 37
Rye._
27
4, 8, 26
1, 35,36
_
38
25
19
24, 27, 28
11,12
_
1,2
1,2
8,38
Hardware stores
,
_ _ _ _ 11
Heating equipment..
8,34
Hides and skins
8, 30
Highways and roads
. 9,10
Hogs__
___
28
Home Loan banks, outstanding advances
10
Home mortgages
1.0
Hosier y
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).. I, 2 , 2 2 , 23
Income, personal
2, 3
Income and employment tax receipts
18
Industrial production indexes:
By industry
3, 4
By market grouping-...
3,4
Installment credit
12, 17, 18
Installment sales, department stores.. _
12
Instruments and related products
3, 13-15
Insulating materials
.
34
Insurance, life.
18, 19
Interest and money rates
17
Inventories, manufacturers' and trade _ 4-6, 11, 12
Inventory-sales ratios
_
_
5
Iron and steel._ 3, 5, 6, 8, 10, 13-15, 19, 22, 23, 32, 33
Labor advertising index, disputes, turnover __,
16
Labor force
__
12
Lamb and mutton
_
28
Lard-____
- _
_
28
Lead
_ _ .__
_
_
33
Leather and products-__
. 3 8 13 15,30,31
Life insurance
._
_
_ 18, 19
Linseed oil
30
Livestock
_ 3, 7,8, 24, 28
Loans, real estate, agricultural, bank, brokers'
(see also Consumer credit)
10, 16, 17, 20
L ubri can ts
_ _ 35,38
Lumber and products
- 3, 8, 10-15, 19, 3 1
Machine tools _ _
34
Machinery- _
3, 5,6,8, 13-15, 19,22,34
Mail order houses, sales-_
11
Manmade fibers and manufactures. 8,39
Manufacturers' sales (or shipments), inventories, orders _
~_
46
Manufacturing employment, production work
ers» payrolls, hours, earrings
13 IS
Manufacturing production ndexes
3 4
Margarine
_
_
29
Meat animals and meats _
_
3, 7 8, 22, 28
Medical and personal care
_
7
Metals _
-i 6, 8, 13 15 19,^2 * , 32 34
Milk _
_
_
27
Mining and minerals,
2 4,8, 13 15 19, 20
Monetary statistics 1Q
Money supply. _ _ _ _ _
19
Mortgage applications, loans rates _
10 16 17
Motor carriers
_ _
__ __
_ 2^,24
Motor vehicles
l,v'-6 8 10 11,13 15,19 22,40
Motors and generators
34
Saving, personal ___________________________ 2
Savings deposits____.__________________________
17
Securities issued ________________________________
19, 20
Security markets ________ _ ____ ___ _____ 2 0 , 2 1
Services ________ ________________________ 1, 2, 13-15
28
Sheep and Iambs________________________________
Shoes and other footwear_________________8, 11, 12, 31
Silver ____________________________________________
19
Soybean cake and meal and oil _______________ 30
Spindle activity, cotton ___________________________
39
Steel ingots and steel manufactures. __ ________32, 33
32
Steel scrap ___________________________________
Stock prices, earnings, sales, etc _______________
20, 21
Stone, clay, glass products ____ 3-5, 8, 13-15, 19, 38
34
Stoves and ranges__________________________„ _ _
Sugar___________.____________________________....._ 23, 29
Sulfur_______. _______________________
25
Sulfuric acid ______________________________________
25
Superphosphate___________. ________________________
25
'19
Tea imports ____ _. ------------- _ _ ________________
Telephone, telegraph, cable, and radiotelegraph carriers_________________._______________13- 15, 24
Television and radio______________________4, 8, 10, 11, 34
Textiles and products.. 3, 5, 6, 8, 13-15, 19, 22, 38-403
Tin.._______________________________. . . . .___________ _ 23, ?
Tires and inner tubes___________________________ 8, 11, 12, 37
Tobacco and manufactures_____4-8, 10, 13-15, 22, 30
22, 34
Tractors________________________________________________
Trade (retail and wholesale)___________________4, 5, 1 1 , i?
Transit lines, local ________________________________
"*3
Transportation___________________1, 2, 7, 13-15, 23, 24
Transportation equipment______ _ _ _ 3-6, 13-15, 19, 40
23, 24
Travel____________________- _____ _ ___________________
40
Truck trailers__________________________________Trucks (industrial and other) _ ____________________. ......
34 40
Unemployment and insurance _ _
12,16
U.S. Government bonds
_ 16 18,20
U.S. Government finance .
IK
Utilities
. _
_
2 - 4 , 9 13 15,18 2 1 , " ,
Vacuum cleaners _ __
____„__
Variety stores . _ _ _
___
Vegetable oils. _ .
.
__ _
Vegetables and fruits.
__
_
Vessels cleared in foreign trade
Veterans' benefits
__ _
Wages and salaries, _ _ _
Washers and driers _ _ _
Water heaters
Waterway traffic.
Wheat and wheat
flour.
_ _
Wholesale price in 'exes
Wholesale trade.
Wood pulp.
Wool and wool manufactures
Zinc
A
II K
JO
7 H il
J4
1 r. 8
1,3, 14 I d
.4
34
"*•'
?8
8
4,5,7,, 1
36
7, * 23, ^5Q
. _. _ — 33,34
UNITED STATES
GOVERNMENT PRINTING OFFICE
PENALTY FOR PRIVATE USE TO AVOID
PAYMENT OF POSTAGE, $3O0
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BALANCE OF PAYMENTS
STATISTICAL SUPPLEMENT
REVISED EDITION
Covering about 40 years, this comprehensive array of
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TRADE since 1923, giving exports and imports by
economic end-use categories.
Full details on international TRAVEL expenditures
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services and private remittances.
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