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SURVEY OF CURRENT BUSINESS
APRIL 1967 / VOLUME 47 NUMBER
CONTENTS
THE BUSINESS SITUATION
First Quarter 1967 GNP 1
March Developments 3
Price Developments 4
National Income and Product Tables 6
ARTICLES
State Personal Income in 1966 9
Revised Estimates of GNP by Major Industries 18
CURRENT BUSINESS STATISTICS
General S1-S24
Industry S24-S40
Subject Index (Inside Back Cover)
U.S. Department of Commerce
Alexander B. Trowbridge / ActingSecretary
William H. Shaw / Assistant Secretaryfor Economic Affairs
Office of Business Economics
George Jaszi / Director
Morris R. Goldman Louis J. ParadisoAssociate Directors
Murray F. Foss / Editor
Leo V. Barry, Jr. / Statistics Editor
Billy Jo Hurley / Graphics
STAFF CONTRIBUTORS TO THIS ISSUEBusiness Review and Features:
Leo BernsteinDavid R. Hull, Jr.
Articles;
Robert E, Graham, Jr.Jack J. Gottsegen
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BUSINESS SITUATION
J.HE Nation's output of goods andservices, measured in current dollars,rose little in the opening quarter of1967 as a severe cutback in inventoryinvestment offset to a considerableextent a sizable advance in final sales.According to preliminary estimates,gross national product reached a season-
ally adjusted annual rate of $764billion in the first quarter, up $5 billionor two-thirds of 1 percent from lastyear's fourth quarter. Rising pricesaccounted for the entire increase, andthe physical volume of production(GNP in constant dollars) was un-changed from the fourth quarter. It
CHART 1
The rise in GNP slowed in the first quarter 1967as a large reduction in inventory accumulation offset asubstantial advance in final sales
725 —
700 —
675 —
650 —
625 —
600 —
575
1964 1965 1966
Quarterly, Seasonally Adjusted at Annual Rates
1967
U.S. Department of Commerce, Office of Business Economics
was the first time since the opening-quarter of 1961 that real GNP hasfailed to advance.
The first quarter slowdown in GNPwas primarily a reaction to the morerapid growth in inventories than indemand last year, particularly in thefourth quarter. About half of the $14billion gain in GNP in the closingquarter of 1966 was accounted for bya rise in inventory investment, a goodpart of which was due to the un-expectedly sluggish pace of consumerpurchases of goods. Manufacturingand trade firms attempted to pare theirstocks by reducing their orders. Theresultant cutbacks in production earlythis year led to a reduction in the rateof inventory investment of approxi-mately $11 billion from the fourthquarter.
This large reduction in inventoryaccumulation was more than balanced,however, by a very sizable advance infinal sales (GNP less inventory invest-ment) of $16 billion, more than doublethe gain in the fourth quarter. Con-sumer spending, despite a sharp dropin auto buying, led the sales advancewith an increase of $8 billion. Pur-chases by both Federal and State andlocal governments continued to risesubstantially. Both business fixed in-vestment and residential constructionwere unchanged from the previousquarter. For the former, the quartermarked a leveling off after 5% years ofalmost continuous advance; for thelatter, it represented the end of a threequarter decline that was especiallysteep in the second half of 1966. Withexports rising more rapidly than imports,net exports of goods and services showedthe first gain in almost 2 years.
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The decline in auto production andsales in the first quarter was pronounced.Seasonally adjusted unit sales of newdomestically produced cars, which hadfallen slightly in the fourth quarter toan 8% million annual rate, fell to a 7%million rate in the first. With carproduction running considerably ahead
SURVEY OF CUREENT BUSINESS
of demand in the fourth quarter, a largebulge in dealer stocks developed. Autoproduction was sharply curtailed in thefirst quarter, a development that per-mitted dealers to trim inventories inthe face of lower sales. This cutback inautos was an important offset to therise in nonauto production, as may beseen in the table below.
PERSONAL INCOME in the first quarterrose $113/4 billion
CHART 2 Gross National Product and Gross AutoProduct
[Billions of dollars, seasonally adjusted at annual rates]
Billion $
20
10
20
10
I I Manufacturing
IB Other
With little rise in PERSONAL TAXES
DISPOSABLE INCOME advanced $10 1/2 billion
The gain in REAL DISPOSABLE INCOME wasbetter than in any 1966 quarter
10
-10ii in IV
1966Change From Previous Quarter
Seasonally Adjusted at Annual Rates
U.S. Department of Commerce, Office of Business Economics
I
1967
nitTotal PAYROLLS increased $6 3/4 billion despite theleveling in MANUFACTURING
Gross national product.Final salesChange in inventories
Gross auto productFinal salesChange in inventories
Allother GNPFinal salesChange in inventories
1966Fourthquarter
759.3742.916.4
29.428.8
.6
729.9714.115.8
1967First
quarter »
764.3758.8
5.5
24.725.8
-1.1
739.6733.0
6.6
Change *
5.015.9
-10.9
-4.7-3.0-1.7
9.718.9
-9.2
* Preliminary.
It should be noted that the firstquarter figures are based on prelimi-nary and incomplete data and are sub-ject to revision next month. In par-ticular, the estimate of the inventorycomponent of GNP is based on 2months' information only, with Feb-ruary data still preliminary. The re-vised first quarter estimates of inven-tory change and GNP that will bepublished next month may differ sig-nificantly from those presented here.
Price rise continuesThe overall level of prices, as meas-
ured by the implicit GNP deflator,rose about as much in the first quarteras in the fourth. The deflator for con-sumer expenditures rose at about halfthe fourth quarter rate, but the de-flator for State and local governmentpurchases showed a sharp acceleration.Prices of fixed investment goods con-tinued to rise at the same high rate asin the fourth quarter. The slower risein consumer prices reflected the firstquarterly price decline in 6 years fortotal consumer goods and a contin-uation of the rapid increase in prices ofconsumer services.
Strong rise in personal income
The slower rate of output expansionin the first quarter did not have much
April 1967
effect on personal income, which rose toan annual rate of $610 billion for anincrease of $11% billion (chart 2). Thisgain was only $1% billion below thefourth quarter advance and exceededthe average quarterly increase in 1966.Continuing gains in employment andhigher pay rates offset a sharp drop inaverage weekly hours and enabled wagesand salaries to rise $6% billion, as com-pared with an average $8K billion quar-terly gain last year. Most of the slow-down in payrolls that did occur was feltin manufacturing, where wages andsalaries showed only a very slight gainafter increasing $3 billion per quarterlast year. Transfer payments rose $3%billion, about the same as in the fourthquarter. Farm proprietors' income con-tinued to slip as farm prices again de-clined, while dividends increased some-what after decreasing in late 1966;other types of income continued to risein line with recent quarters.
Preliminary estimates of first quarterprofits will not be available until nextmonth. However, with current dollarGNP up only $5 billion, the incomedata that are available suggest thatmuch of the GNP slowdown in the firstquarter was at the expense of profits.
Almost all of the increase in personalincome in the first quarter was carriedinto disposable income since personaltaxes rose only $1% billion, much lessthan in any quarter last year. Thesmall increase in taxes reflected bothsmaller final settlements on 1966 lia-bilities—a result of the graduatedwithholding system initiated last May—and the somewhat slower increase inwages and salaries. Disposable incomerose $10% billion, or 2 percent, and withconsumer prices rising little, real dis-posable income increased 1% percent.The first quarter gain in currentdollar disposable income exceeded theaverage quarterly rise in 1966; interms of real disposable income, themargin of gain over 1966 was evensharper.
Consumer demand: strong except forautos
Personal consumption expenditurespicked up very briskly in the firstquarter with an advance of $8 billion,
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April 1967 SURVEY OF CURRENT BUSINESS
after a gain of only $4}£ billion in theprevious quarter. The large first quar-ter increase occurred despite a $2%billion decline in auto buying asconsumers raised their expenditureson nondurable goods by $5% billion,on services by $4 billion, and onnonauto durable goods by $% billion.
The increase in expenditures on non-durable goods in the first quarterseemed to represent a correction of themarked slowdown that occurred in thefourth. Why consumer spending onnondurables weakened in late 1966 isstill not clear; it may have been theresult of unusually bad weather, thescattered consumer boycotts at foodstores, or consumer resistance to highprices. In any case, consumers steppedup their purchases in all major cate-gories early this year, especially in foodand clothing.
Government purchases up
Government purchases of goods andservices advanced $7 billion in the firstquarter with increases of $4% billionin Federal purchases and $2% billionin State and local government purchases.
Continuing increases in deliveriesof military equipment and higher per-sonnel costs boosted national defenseoutlays by $3% billion. Defense spend-ing has risen now for 2 full years underthe influence of the war in Vietnam.During this period, from the firstquarter of 1965 to the quarter justended, defense purchases advancedfrom an annual rate of $48% billion to$68% billion, an increase of 43 percent.
Other Federal purchases rose $1%billion, mainly because of .an increasein agricultural purchases by the Com-modity Credit Corporation. This wasa turnaround from the previous quarter,when these outlays dropped by $%billion. The increase in State andlocal government purchases was thelargest on record and reflected an un-usually large increase in payrolls alongwith a further expansion in spendingfor schools.
Fixed investment little changed
At an annual rate of $81% billion,business fixed investment was un-changed in the first quarter. The
tapering in profits, the decrease incapacity utilization, and the suspensionof the investment tax credit all con-tributed to the leveling in businessspending.
With the easing in credit markets latelast year, housing starts reversed theirsharp decline of 1966 and brought abouta stabilization of residential construc-tion outlays in the first quarter of 1967.Housing starts increased about 40 per-cent from the low point in October 1966to March 1967, after seasonal ad-justment; this rise has not been fullyreflected in the expenditure figuresbecause of the time lag between startsand outlays. With the continued im-provement in credit conditions sincelast fall, prospects for further increasesin housing appear good.
March Developments
If the first quarter as a whole lookedsomewhat weak, the March indicatorsgave little evidence of a deterioratingsituation; on the contrary, some of theimportant statistics for March sug-gested otherwise. Perhaps the mostnoteworthy development was in retailtrade, which, according to advancereports, showed a substantial increasefrom February to March as a result ofwidespread gains by line of business.Moreover, industrial production rose alittle in March after 2 months of decline.The rise in employment was quite small,but weekly hours, which had fallensharply the month before, picked upslightly, and with wage rates higher,payrolls registered a larger increase thanthe small February advance. All told,in the closing month of the quarter, itappeared fairly likely that the sluggishpace of manufacturing activity was stilllimiting the rise in aggregate outputbut that total final sales were movingahead at a good clip.
During March and early April, theadministration and the monetary au-thorities took a number of actions of astimulative nature. Early in March,the President requested Congress torestore the investment tax credit andthe provisions for accelerated deprecia-
tion that had been revoked last fall aspart of the program to curb aggregatedemand. On April 6, the Federal Re-serve reduced the discount rate from4% to 4 percent. At about the sametime, the administration announced therelease of $1 billion in highway fundsthat had been held up last fall as ananti-inflation measure.
Personal income higher in MarchDespite the slowdown in production,
personal income has continued to moveahead at a fairly good pace. In March,total income rose $3.4 billion to reacha seasonally adjusted annual rate of$613 billion. The March increase waswell above the $2% billion gain inFebruary but somewhat less than theaverage monthly increase from 1965to 1966.
Wages and salaries, which had risenonly $% billion from January toFebruary, advanced $2.2 billion inMarch as manufacturing payrolls re-versed their dip and other payrollscontinued to rise. Property incomerose about in line with the gains inrecent months, but farm income con-tinued to slide as a result of lower farmprices. Transfer payments rose about$0.7 billion, about half as much as therevised February figure, which wasbolstered by the advance payment ofGI life insurance dividends. Thesedividends were still substantial inMarch but were below the Februaryrate.
Employment in nonfarin establish-ments in March showed little improve-ment over February as gains in servicesand government were largely offset byreductions in construction, manufac-turing, and trade. According to pre-liminary data, 23,000 persons wereadded to payrolls in March after an80,000 increase in February and anaverage monthly rise of 300,000 fromSeptember through January. Marchwas the second successive month ofdecline in manufacturing, but the reduc-tion was much smaller than the monthbefore (35,000 vs. 80,000 in February);moreover, hours of work improvedslightly over a wide range of industriesafter sizable decreases in February.
The somewhat drab performance ofemployment in February and March
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has apparently had little effect onunemployment so far, mainly becausethere have been large withdrawalsfrom the labor force. The unemploy-ment rate in March was 3.6 percent,about the same as the average of 3.7percent in the preceding 3 months.Since early 1966, the rate has fluctuatedin the relatively narrow range of3.5-3.9 percent.
Industrial production up
Industrial production edged upwardin March after declining in the previous2 months. Both durable and non-durable goods industries showed smallgains. In durable goods, fairly sub-stantial increases in output of motorvehicles and parts, aircraft and equip-
SURVEY OF CURRENT BUSINESS
ment, and instruments and relatedproducts offset small declines in otherindustries.
Although domestic passenger carsales in March were slightly above theFebruary level, auto production pickedup sharply from the relatively lowFebruary volume, which was held downin part by winter storms and a workstoppage. The increase in assemblies,after seasonal adjustment, amounted tonearly 15 percent. Present automobileproduction schedules call for about660,000 units in April and nearly 2.1million for the April-June period; theseprojections suggest a further sizablerise in output from March to April andfor the quarter as a whole, after seasonaladjustment.
April 1967
Prices in most of the broad com-modity groups in the industrial priceindex advanced from the fourth to thefirst quarter. Most important werethose showing an acceleration of upward
WHOLESALE PRICES—First quarter stability reflects• Further decline in agricultural commodity prices• Continued uptrend in prices of
industrial commodities1957-59 = 100no
All Commodities
100
120
Processed Foods & Feeds
100
90 i n i i I
Price DevelopmentsWHOLESALE and consumer prices
have been comparatively stable in recentmonths, in contrast to the rising tend-ency in 1966. From the fourth quarterof 1966 to the first quarter of this year,the overall index of wholesale priceswas virtually unchanged and was some-what under its mid-1966 peak. Con-sumer prices rose only slightly thisJanuary and February after a strongand sustained advance throughout thefirst three quarters of last year and amodest advance in the final quarter.At wholesale, the recent stability of theoverall index reflects a downturn in theprices of farm commodities and foodsand an offsetting rise in the prices ofindustrial commodities. At retail, lower-prices for food and durable goods haveoffset a good part of the rise in theprices of other nondurables and services.
Industrial prices still rising
The index of wholesale industrialcommodity prices, which rose relatively
little from July through December of1966, increased more rapidly in the firstquarter of 1967. According to pre-liminary data, industrial prices rose 0.6percent from the fourth to the firstquarter. This was well above the 0.2percent rise in the fourth quarter andabout the same as the average quarterlyincrease in the first three quarters of1966.
The recent price increases in the in-dustrial sector probably reflect thedesire of producers to moderate anyreduction in profit margins due torising costs. Although manufacturingoutput fell about IK percent from thefourth to the first quarter, payrolls roseduring this period so that unit laborcosts were up considerably. Someweakness in the prices of industrialcrude materials has accompanied theslowdown in industrial activity, butthis has been more than offset by higherquotations on finished commodities.
no
100
Industrial Commodities
1964 1965 1966 1967
CONSUMER PRICES-Advance slows in early 1967 as* Food prices edge down; nonfood commodity
prices change little from fourth quarter® Rise in services continues
All Items
120
Food Total
130
120
Services
U.S. Department of Commerce, Office of Business Economics
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April 1967 SUKVEY OF CURRENT BUSINESS
trends—metal and chemicals—andthose that declined in the fourth quarterand either leveled out or advanced inthe first—hides and leather products,textiles and apparel, rubber, and lum-ber. For some groups—machinery andfurniture—price increases slowed downas compared with the fourth quarter.
For the quarter as a whole, the risein metals prices showed some acceler-ation as a result of higher quotationsfor finished steel products and primarycopper. On the average, the declinein metal scrap prices continued, and atthe end of the quarter, major fabricatorsannounced price cuts for a wide rangeof brass mill products.
Hide and skin prices, which droppedsharply in the second half of last yearas world supplies improved, easedfurther in early 1967, but footwearprices continued to advance and pricesof other leather products edged upslightly. There were also contrastingmovements between raw materials andfinished goods prices for other importantgroups of nondurable goods. For ex-ample, rubber prices rose substantiallyin the first quarter as a rise in prices oftires and tubes offset a decline in cruderubber. Apparel prices rose further inthe early months of 1967, approximatelyoffsetting price decreases for cottonand synthetic textiles.
The slower rise in spending for newplant and equipment has apparentlyeased the upward pressure on machineryprices. In the first quarter, machineryand equipment prices nearly stabilizedafter showing sizable gains throughoutlast year. Almost all components ofthe machinery price index have in-
creased less rapidly in early 1967.Household furniture prices were upfurther in the early months of 1967,but these increases were about offsetin the group index by declines inappliance and household electronicequipment prices.
Farm and food prices lower
The decline in wholesale prices offarm products, processed foods, andfeeds extended into March. Prices offarm products in the first quarter were1.5 percent below the fourth quarter1966 average, which in turn was nearly5 percent under the third quarter peak;wholesale food and feed prices haveshown somewhat smaller quarterly de-clines. Almost all components of theindexes have retreated from their earlierhighs, with the largest decreases inlivestock and grain prices. Meat andpoultry supplies have enlarged sub-stantially, and speculative buying ofgrains has subsided.
Dairy product prices have eased inrecent months as milk production hasincreased. Prices received by dairyfarmers for milk dropped more sharplyin the first quarter than the wholesaleand retail prices but were still con-siderably above the year-earlier level.
Consumer food prices, which did notrise as rapidly as wholesale food pricesin 1965 and 1966, edged off in last year'sfourth quarter and decreased further inJanuary and February. The 2% per-cent reduction in prices at grocerystores from the August peak throughFebruary was greater than the \% per-cent decline in the overall food index
because of an increase in the cost ofrestaurant meals. Meat prices weredown substantially, but prices for mostother types of retail foods were only alittle below their earlier highs. Citrusfruit prices, however, were sharplylower, reflecting the very large cropthis season.
Consumer price rise slows
Although the consumer price indexreached a record 114.8 percent of the1957-59 average in February, monthlyincreases have not exceeded 0.1 percentin any of the past 4 months. Divergenttrends have been evident in nonfoodcommodity prices in recent months.Prices of durable goods as a group haveeased as prices of new and used carshave declined, and the average prices ofhousehold durables have changed little.The deterioration in consumer demandfor durable goods has intensified pricecompetition, leading to widespread re-ductions in prices of television sets andto a cut in the list price of one series ofdomestically produced automobiles. Incontrast, prices of nondurables, espe-cially apparel, have risen.
Consumer service prices are stilladvancing at last year's acceleratedpace. Increases in medical serviceprices continue to be unusually large—an annual rate of almost 10 percent inthe first 2 months of 1967—while in-creases in the prices of householdservices have slowed only slightlydespite some easing of mortgage in-terest rates. Rents have been ad-vancing more rapidly as a result oflower vacancy rates and a rise in costs.
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6 SURVEY OF CURRENT BUSINESS
NATIONAL INCOME AND PRODUCT TABLES
April 1967
1964 1965 1966
1965
IV
1966
I II III IV
1967
I P
Seasonally adjusted at annual rates
Billions of current dollars
1964 1965 1966
1965
IV
1966
I II III IV
1967
I p
Seasonally adjusted at annual rates
Billions of 1958 dollars
Table 1.—Gross National Product in Current and Constant Dollars (1.1, 1.2)
Gross national product- _ _ _ _ _ _ _ _ _ _ _
Personal consumption expenditures. _ _
Durable goods__ _Nondurable goods __Services
Gross private domestic investment - _ _
Fixed investmentNonresidential
Structures _Producers' durable equipment
Residential structuresNonfarm_. _ _ _ _ _ _Farm
Change in business inventoriesNonfarmFarm
Net exports of goods and servicesExportsImports
Government purchases of goods and servicesFederal
National defenseOther
State and local
Addendum: Implicit price deflator for seasonallyadjusted GNP 1958-100
631.7
401.4
59.4178.9163.1
93.0
88 360.721.039 727.627.0
.64.75 3
—.6
8.537.028.5
128.965 250 015.263.7
108 9
681.2
431.5
66.1190.6174.8
106.6
97 569.724.944 827.827.2
69.18 1
9
7.039 032.0
136.266 850 116.769.4
110 9
739.6
464.9
69.3206.2189.4
117.0
105 179.327.851 425.825.3
611.912 2— 3
4.842 737.9
153.076 960 016 976.2
114 2
704.4
445.2
68.0197.0180.2
111.9
101 573.926.847.127.627.0
.510.49 01.4
6.140.334.2
141.269 852 517.371.4
111 6
721.2
455.6
70.3201.9183.4
114.5
105 677.028.548.528.628.0
.58.98 5.5
6.041.735.6
145.071 954 617.473.1
112 6
732.3
460.1
67.1205.6187 4
118.5
106 278 227.950 328.027.4
612 312 1
2
4.741 937 3
149.074 057 116 975.0
113 8
745.3
469 9
70 2208 1191 5
115.0
105 180 327 752 624 824 3
69 9
10 45
4.243 439 2
156.279 062 017 077 2
114 7
759.3
474.1
69.6209.2195 3
120.0
103 581.627.354 421 921.3
616 417 6
— 1 2
4.143 639.5
161.181 765 516.279.4
115 5
764.3
482.2
68.1214.7199.3
109.0
103 581.628.752 921.921.3
.65.55 8
— .3
4.945.140.2
168.286 268 817.482.0
116 3
580.0
373.8
59.1170.5144.2
86.5
81.957.418.938.524.624.0
.54.65 2
—.6
8.536.428.0
111.357 8
53.4
614.4
396.2
66.4178.2151.6
97.8
89.064.921.743.224.123.6
.58.88 0.9
6.337.331.0
114.157 8
56.3
647.8
415.5
70.7186.0158.7
104.7
93.672.123.448.721.521.0
.511.111 4—.3
4.741.136.4
123.264 0
59.1
631.2
406.5
69.2182.5154.8
102.2
91.968.423.245.223.523.0
.510.28.91.3
6.038.732.8
116.659.3
57.3
640.5
412.8
72.2184.1156.5
103.5
95.070.824.346.424.323.8
.58.58.0.4
5.940.134.2
118.360.4
57.9
643.5
412.2
68.5185.8157.9
106.3
94 771.323.647.723.422.9
.511.611.4
.2
4.640.335.8
120.461.9
58.5
649.9
418.3
71 6187. 1159 6
102.5
93 573 023.249 820 520.0
59 19 6
— 5
4.241 837.6
124.965 5
59.4
657.2
418.5
70.6187.1160.8
106.4
91.273.322.750.717.917.4
.515.216.4
-1.2
4.142.037.9
128.367.6
60.7
657.2
Table 2.—Gross National Product by Major Type of Product in Current and Constant Dollars (1.3, 1.5)
Gross national product _ -
Final salesChange in business inventories
Goods output
Final salesChange in business inventories
Durable goodsFinal salesChange in business inventories
Nondurable goodsFinal salesChange in business inventories
Services.
Structures
Addendum: Gross auto product
631.7
627 04 7
318 2
313 64 7
125 5122 2
3 3
192 7191 3
1 4
244 5
68 9
25 8
681.2
672 19 1
344 7
335 79 1
138 5132 2
6 3
206 3203 5
2 7
262 0
74 5
31 4
739.6
727 711.9
377.2
365 311.9
154 9145 9
9 0
222 4219 5
2 9
285.9
76 6
29.4
704.4
694 010 4
358 8
348 410 4
142 6137 9
4 7
216 2210 5
5 7
268 8
76 9
30 5
721.2
712 38 9
366 0
357 08 9
147 6141 8
5 8
218 4215 2
31
275 5
79 §
31 5
732.3
720 012 3
371 6
359 312 3
149 6140 6
9 0
222 0218 7
3 3
282 1
78 6
28 6
745.3
735 49 9
379 6
369 79 9
158 1148 7
9 5
221 4221 0
5
289 9
75 g
27 9
759.3
742 916.4
390.7
374 216.4
163 6151 711 9
227.1222 5
4 6
296.2
72 5
29.4
764.3
758.85.5
5.5
580.0
575 44.6
307.2
302 64! 6
123 1119 9
3 2
184 1182 7
1 4
211.2
61 7
25.4
614.4
605 68.8
328.5
319 7s's
135 5129 4
6 1
193 0190 3
2 7
221.1
64 8
31.4
647.8
636.711.1
351.5
340 411.1
150 8142 4
8.4
200.8198 0
2.7
232.4
64.1
29.9
631.2
621. 010.2
341.0
330 710^2
140 3135 7
4 7
200.6195 1
5.6
224.0
66.2
30.7
640.5
632.08.5
344.7
336 28.5
145 4139 9
5.5
199.4196 3
3.0
227.7
68.0
32.2
643.5
631.911.6
346.7
335 111.6
146 0137 6
8.4
200.8197.6
3.2
230.9
66.0
29.1
649.9
640.89. 1
352.8
343 79.1
153 7145 1
8.7
199.0198 6
.4
234.4
62 8
28.5
657.2
642.015.2
360. 9
345 715.2
157.4146.510.9
203.5199.2
4.3
236.6
59.8
29.7
657.2
Table 3.—Gross National Product by Sector in Current and Constant Dollars (1.7, 1.8)
Gross national product
Private
BusinessNonfarmFarm
Households and institutionsRest of the world
General government
631 7
568 7
547 4527 020 417 34 0
63 0
681 2
613 4
590 8567 123 818 34 3
67 8
739.6
663 4
639 5614 724 819 54.4
76 2
704 4
633 8
611 2586 624 719 13 4
70 6
721 2
648 4
624 9599 3
25* 719 14 4
72 8
732 3
657 6
634 0609 025 019 14 5
74 7
745 3
667 7
643 5619 124 419 7
4 Q
77 g
759 3
679 4
655 3631 024 320 04 1
79 9
764.3 580 0
530 8
513 3491 222 013 63 9
49 2
614 4
563 5
545 4521 723 814 04 1
50 9
647.8
593.6
574 9552 322 614 44.3
54 2
631.2
579. 4
561 6537 524 114 53.3
51.8
640.5
588.0
569 4546 423 014.34.3
52.5
643.5
589.9
571 4548 422 914.24.3
53.6
649.9
595.1
576 2554 521 714.54.4
54.8
657.2
601.5
582.8560.122.814.64.0
55.8
657.2
p Preliminary.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
April 1967 SURVEY OF CURRENT BUSINESS
1964 1965 1966
1965
IV
1966
I II III IV
1967
I v
Seasonally adjusted at annual rates
[Billions of dollars]
Table 4.—Relation of Gross National Product, National Income,and Personal Income (1.9)
Cross national product
Less: Capital consumptionallowances
Equals : Net national product . . .
Less: Indirect business taxand nontax liability
Business transfer pay-ments
Statistical discrepancy
Plus: Subsidies less currentsurplus of governmententerprises
Equals: National income _ _
Less: Corporate profits andinventory valuationadjustment
Contributions for socialinsurance
Wage accruals less dis-bursements __ _ _
Plus: Government transferpayments to persons
Interest paid by govern-ment (net) and byconsumers _.
DividendsBusiness transfer pay-
ments _ _ _ _.
Equals: Personal income .
631.7
56.0
575.7
58.5
2.5-1.4
1.3
517.3
66.6
28.0
.0
34.2
19.117.3
2.5
496.0
681.2
59.6
621.6
62.7
2.6-1.6
1.0
559.0
74.2
29.2
.0
37.1
20.619.2
2.6
535.1
739.6
63.1
676.5
65.5
2.6
1.4
610.1
80.2
37.8
.0
41.9
22.820.9
2.6
580.4
704.4
60.8
643.6
63.6
2.6.4
.9
577.8
76.9
29.8
.0
37.9
21.020.2
2.6
552.8
721.2
61.6
659.7
63.0
2.6-.8
.8
595.7
80.0
36.5
.0
40.0
21.920.9
2.6
564.6
732.3
62.7
669.6
64.7
2.6—.9
.9
604.1
79.9
37.0
.0
40.1
22.521.1
2.6
573.5
745.3
63.7
681.6
66.3
2.6.4
1.5
613.8
79.1
38.5
.0
42.3
23.021.1
2.6
585.2
759.3
64.6
694.7
68.1
2.6-.4
2.2
626.7
81.7
39.3
.0
45.3
23.820.7
2.6
598.3
764.3
65.6
698.8
68.6
2.6
2.2
41.5
.0
48.6
24.421.5
2.6
610.1
Table 5.—Gross Corporate Product1 (1.14)
Gross corporate product. ..
Capital consumption allow-ances _
Indirect business taxes plustransfer payments less sub-sidies
Income originating in corporatebusiness
Compensation of employees. .Wages and salariesSupplements.. _. _
Net interest
Corporate profits and in-ventory valuation adjust-ment
Profits before taxProfits tax liabilityProfits after tax _
DividendsUndistributed profits. ._
Inventory valuation ad-justment
Gross product originatingin financial institutions..
Gross product originatingin nonfinancial corpora-tions. ..
Capital consumption allow-ances.
Indirect business taxes plustransfer payments less sub-sidies
Income originating in non-financial corporations. _
Compensation of employees . _Wages and salariesSupplements
Net interest .Corporate profits and in-
ventory valuation adjust-ment.
Profits before tax .Profits tax liabilityProfits after tax
Dividends.. _Undistributed profits ...
. Inventory valuation ad-justment
Addenda:Cash flow, gross of dividends:
All corporationsNonfinancial corporations
Cash flow, net of dividends:All corporationsNonfinancial corporations
360.9
33.9
34 8
292. 3
231.4208.522.9
—2.7
63.664.028.435.616.019.6
— .4
15.6
345 3
32.9
33 3
279.0218.7197.321 45 2
55 255.624.331.314.616.8
— . 4
69.564.3
53 549.7
391.2
36.3
37 4
317 5
249.0224.124.8
—2 5
71.072.531.241.317.723.6
— 1 5
16.5
374 6
35 3
35 8
303.5235.5212.323 25 9
62 163 627.536 116.219.9
— 1.5
77.671.4
59 955.2
425.9
38.8
38 9
348.2
273.8244 129.7
—2 5
76.979.033.945.119 425.7
— 2 1
18.2
407.7
37 8
37 3
332.7259.3231.527 86 5
66 969.029.839 317 821.5
—2 1
83 877.0
64 5en 9oy. £i
403.9
37.2
37 9
328 8
256.8231.225.7
—2 4
74.476.232.443.719.024.7
— 1 8
17.2
386 7
36 3
36 3
314.1243.0219.024 06 3
64 966 728.538 217 520.7
— 1 8
80 974.4
61 957.0
415.2
37.7
37.3
340.1
265.9237.228.7
—2.4
76.779.534.145.419.426.0
— 2 8
17.5
397.7
36 8
35 7
325 2251.6224.826 86 3
67 370.130.239 917.722.2
— 2 8
83 176.7
63 758.9
422.0
38.5
38 5
345.0
271.1241 829.3
-2.5
76.479.334.145.219 525.7
—2 9
18.0
404.0
37 5
36 9
329.7256.6229.1
27 46 5
66 669 530.039 518 021.5
—2 9
83 776.9
64 9
59.0
428.1
39.1
39.4
349.7
276.5246.430.0
-2.5
75.778.533.744.719.525.2
-2.8
18.3
409.8
38.1
37.7
334. 0261.8233.728.16.6
65 668 329.538 817 920.9
-2.8
83 878.9
64 359.0
438.2
39.7
40.5
357.9
281.8251.030.7-2.5
78.778.733.745.119.225.9
.0
18.3
419.3
38.7
38.8
341.8267.0238.228.86.7
68.268.229.338.917.421.4
.0
84 877.6
65 660.1
40.3
40.8
285.9254.032.0
-2.6
-.0
39.3
39.1
270.8240.929.96.7
-.6
-----
1964 1965 1966
1965
IV
1966
II III IV
1967
I P
Seasonally adjusted at annual rates
[Billions of dollars]
Table 6.—National Income by Type of Income (1.10)
National income _ _
Compensation of employees
Wages and salaries
PrivateMilitaryGovernment civilian
Supplements to wages andsalaries
Employer contributions forsocial insurance
Other labor incomeEmployer contributions
to private pension andwelfare funds. _ _ _
Other
Proprietors' income
Business and professionalIncome of unincorporated
enterprisesInventory valuation adjust-
ment
Farm _. _
Rental income of persons .
Corporate profits and inventoryvaluation adjustment .
Profits before tax
Profits tax liabilityProfits after tax .. _
DividendsUndistributed profits
Inventory valuation adjust-ment
Net interest
517.3
365.7
333.6
269.311.752.6
32.0
15.4
16.6
13.73.0
51.9
39.9
39.9
.0
12.0
17.7
66.6
67.0
28.438.717.321 3
-.4
15.5
559.0
392.9
358.4
289.112.157.1
34.5
16.0
18.5
15.43.1
55.7
40.7
41.0
-.4
15.1
18.3
74.2
75.7
31.244.519.225 3
-1.5
17.8
610.1
433.3
392.3
314 814.662.8
41.0
20 2
20.8
57.8
41.8
42.2
— 4
16.0
18.9
80.2
82.3
33.948.420 927 4
-2.1
20.0
577.8
406.5
370.8
298.513.059.3
35.7
16.3
19.4
57.1
41.1
16.0
18.5
76.9
78.7
32.446.320.226.1
-1.8
18.7
595.7
419.6
380.0
305.913.660.4
39.6
19.6
20.0
58.4
41.4
17.0
18.7
80.0
82.7
34.148.720.927.8
-2.8
19.1
604.1
427.9
387 4
311 514.161.8
40.5
19.9
20.6
57.9
41.6
16.3
18.8
79.9
82.8
34.148 721.127 6
—2 9
19.6
613.8
438.3
396.7
318 015.063.7
41.5
20 4
21.1
57.3
41.9
15.4
18 9
79.1
81 9
33 748.221 127 i
-2.8
20.2
626.7
447.5
405 0
323 915 865.2
42.5
20 8
21 7
57.5
42.3
15.2
19.1
81.7
81.8
33.748.120 727 4
.0
21.0
456.1
411.8
328 316.367.1
44.3
21 8
22.5
57.4
42.6
14.8
19.3
21.5
-.6
21.6
Table 7.—National Income by Industry Division (1.11)
All industries, total
Agriculture, forestry, andf i s h e r i e s _ _
Mining and constructionManufacturing _ _ _ _
Nondurable goodsDurable goods
TransportationCommunication _ . .Electric, gas, and sanitary
servicesWholesale and retail trade
Finance, insurance, and realestate
ServicesGovernment and government
enterprisesRest of the world
517.3
17.732.4
155.161.593.6
21.410.5
11.179.1
57.158.9
70.04.0
559.0
21.034.8
170.465.6
104.8
22.911.2
11.683.6
61.063.0
75.24 3
610.1
22.237.7
188.571.4
117.1
24 812.2
12.489.3
65.563.8
84.44 4
577.8
22.135.9
176.567.5
108.9
23.711.6
11.985.9
62.965.3
78.53.4
595.7
23.237.1
184.469.8
114.7
24.111.7
11.988.0
63.766.4
80.74.4
604.1
22.637.5
186.771.0
115.7
24.712.1
12.288.4
65.067.6
82.74 5
613.8
21.637 9
188.671 5
117 1
24 712.5
12.789.6
66.069.8
85.84 6
626.7
21.538.1
194.273.2
121.0
25.612.5
12.791.1
67.371.4
88.24.1
Table 8.—Corporate Profits (Before Tax) and Inventory ValuationAdjustment by Broad Industry Groups (6.12)
All industries, total
Financial institutions _ _
MutualStock
Nonfinancial corporations
Manufacturing. .Nondurable goodsDurable goods
Transportation, communica-tion, and public utilities
All other industries
66.6
8.4
1.76.7
58.2
32.414.517.9
10.415.4
74.2
8.9
1 87.1
65.3
37.815.722.1
11.116.4
80.2
10.0
70.2
41.017.323.8
11.917.2
76.9
9.5
67.5
39.616.423.2
11.516.4
80.0
9.4
70.6
41.917.224.7
11.317.4
79.9
9.8
70.0
40.617.223.4
12.017.4
79.1
10.1
69.0
39.517.022.5
12.217.2
81.7
10.5
71.2
42.017.624.4
12.117.0
1. Excludes gross product originating in the rest of the world.p Preliminary.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
8 SUKVEY OF CUERENT BUSINESS April 1967
1964 1965 1966
1965
IV
1966
I II III IV
1967
I P
Seasonally adjusted at annual rates
[Billions of dollars]
1964 1965 1966
1965
IV
1966
I II III IV
1967
I p
Seasonally adjusted at annual rates
[Billions of dollars]
Table 9.—Personal Income and Its Disposition (2.1) Table 12.—Federal Government Receipts and Expenditures (3.1,3.2)
Personal income
Wage and salary disburse-ments
Commodity-producingindustries __1V£ anuf acturing
Distributive industriesService industriesGovernment
Other labor income
Proprietors' incomeBusiness and professional. _ _Farm
Rental income of personsDividends .
Personal interest income
Transfer paymentsOld-age and survivors
insurance benefitsState unemployment
insiiTftnpo benefit''Veterans benefitsOther ..
Less : Personal contributionsfor social insurance - -
Less: Personal tax and nontaxpayments
Equals: Disposable personalincome- _ _
Less : Personal outlays
Personal consumptionexpenditures
Interest paid by con-sumers
Personal transfer pay-ments to foreigners
Equals : Personal saving _ _ _ .
Addendum: Disposable per-sonal income in constant(1958) dollars
496.0
333.6
134.0107.281.254.164.3
16.6
51.939.912.0
17.717.3
34.6
36.8
16.0
2.65.3
12.9
12.5
59.4
436.6
412.1
401.4
10.1
.6
24.5
406.5
535.1
358.4
144.3115.586.758.169.2
18.5
55.740.715.1
18.319.2
38.4
39.7
18.1
2.25.6
13.8
13.2
66.0
469.1
443.4
431.5
11.3
.6
25.7
430.8
580.4
392.3
158.2127.293.263.577.4
20.8
57.841.816.0
18.920.9
42.8
44.6
21.0
1.86.1
15.7
17.6
75.1
505.3
478.3
464.9
12.7
.6
27.0
451.6
552.8
370.8
148.9119.289.160.572.3
19.4
57.141.116.0
18.520.2
39.7
40.5
18.6
2.05.8
14.1
13.5
66.7
486.1
457.6
445.2
11.8
.6
28.5
443.9
564.6
380.0
153.8123.090.861.374.1
20.0
58.441.417.0
18.720.9
41.0
42.6
19.5
2.05.9
15.2
16.9
69.5
495.1
468.4
455.6
12.1
.6
26.7
448.4
573.5
387.4
157.0126.092.162.575.9
20.6
57.941.616.3
18.821.1
42.1
42.8
19.7
1.66.0
15.4
17.1
73.6
499.9
473.3
460.1
12.5
.7
26.6
447.9
585.2
396. 7
159.6128.693.964.478.8
21.1
57.341.915.4
18.921.1
43.2
44.9
21.2
1.86.1
15.8
18.1
77.4
507.8
483. 3
469.9
12.8
.7
24.5
452.2
598.3
405.0
162.3131.295.865.881.0
21.7
57.542.315.2
19.120.7
44.8
48.0
23.5
1.86.3
16.4
18.4
79.8
518.4
488.0
474.1
13.2
.6
30.4
457.6
610. 1 Federal Government receipts .
Personal tax and nontax re-411.8 ceipts
Corporate profits tax accruals .163. 4 Indirect business tax and non-131. 6 tax accruals . .97. 7 Contributions for social insur-67 2 ance83.5
Federal Government expendi-22 5 tures
57. 4 Purchases of goods and serv-42.6 ices _ - _ _14.8
National defense19.3 Other21.5
Transfer payments _ -46.0 To persons
To foreigners (net)51.2
Grants-in-aid to State and24 6 local governments
2.1 Net interest paid. _ _ .6.5
18. 0 Subsidies less current surplusof government enterprises _ .
19. 7 Surplus or deficit (-),national income andproduct accounts _ _
81.2
115.1
48.626.5
16.2
23.9
118.1
65.2
50.015.2
29.927.82.2
10.4
8.3
4.2
-3.0
124.9
54.229.1
16.8
24.8
123.4
66.8
50.116.7
32.430.32.2
11.2
8.7
4.2
1.6
142.5
61.931.7
15.9
33.0
142.2
76.9
60.016.9
36.534.22.3
14.5
9.6
4.7
.3
126.9
54.730.3
16.7
25.2
127.0
69.8
52.517.3
32.830.81.9
11.6
8.8
4.1
-.2
136.0
57.131.9
15.2
31.7
133.7
71.9
54.617.4
35.432.62.8
13.0
9.3
4.1
2.3
141.0
60.731.9
16.1
32.2
137.1
74.0
57.116.9
34.832.62.2
14.6
9.5
4.2
3.8
145. 3
63.9SI. 6
16.2
33.6
145.8
79.0
62.017.0
36.934.52.4
15.3
9.7
4.8
-.5
147.9
65.731.4
16.4
34.3
151.5
81.7
65.516.2
39.137.22.0
15.0
10.0
5.6
-3.6
66.6
16.4
36.4
158.7
86.2
68.817.4
42.240.12.1
14.5
10.2
5.6
528 9 Table 13.— State and Local Government Receipts and Expenditures
49,4 <3'3' 3'4>
State and local government482. 2 receipts
13. 6 Personal tax and nontaxreceipts - _ . _ __
. 6 Corporate profits tax accruals.
32. 5 Indirect business tax andnontax accruals
Contributions for socialinsurance
465.2Federal grants-in-aid .
69.6
10.81.9
42.3
4.1
10.4
75.3
11.82.0
45.8
4.5
11.2
84.3
13.22.2
49.5
4.8
14.5
77.3
12.12.1
47.0
4.6
11.6
80.1
12.42.2
47.8
4.7
13.0
83.2
12.92.2
48.7
4.8
14.6
85.9
13.52.2
50.0
4.9
15.3
88.0
14.12.2
51.6
5.0
15.0
14.6
52.2
5.1
14.5
Table 10.—Personal Consumption Expenditures by Major Type (2.3)
Personal consumptionexpenditures
Durable goods..
Automobiles and partsFurniture and household
equipmentOther
Nondurable goods
Food and beveragesClothing and shoes - -Gasoline and oilOther
Services _ _
Housing __Household operationTransportationOther... _.
401.4
59.4
25.8
25.18 5
178.9
92.833.614.138 4
163.1
59.224.311 867.8
431.5
66.1
29.8
27.19 1
190 6
98.435.915.141 1
174.8
63.225.612 873 3
464.9
69.3
30.0
30.19.3
206.2
104.840.316.145 0
189.4
67.727.214 080 5
445.2
68.0
29.9
28.89 3
197.0
101.637.515.742 3
180.2
64.726.313 475 8
455.6
70.3
31.4
29.69 3
201 9
103 339.415 843 3
183.4
66 026.513 577 5
460.1
67.1
28.5
29 29 3
205.6
104 839.716 145 0
187.4
67 127 113 979 4
469.9
70.2
30.1
30.79.4
208.1
105.541.116.145.4
191.5
68.227.614.281.5
474.1
69.6
29.8
30.79.2
209.2
105.440.816.646 4
195.3
69.5• 27.7
14 583.5
482.2
68.1
27.6
31.19.4
214.7
107.442.617.147.6
199.3
70.627.814.986.0
Table 14.—Sources and Uses of Gross Saving (5.1)
Table 11.—Foreign Transactions in the National Income andProduct Accounts (4.1)
Receipts from foreigners
Exports of goods and services. __
Payments to foreigners
Imports of goods and services. _ _
Transfers to foreignersPersonalGovernment
Net foreign investment
37.0
37.0
37.0
28.5
2 8.6
2.2
5.7
39.0
39.0
39 0
32.0
2 86
2 2
4 2
42.7
42.7
42 7
37.9
2 96
2.3
1 8
40.3
40.3
40 3
34.2
2 56
1 9
3 5
41.7
41.7
41 7
35.6
3 46
2 8
2 6
41.9
41.9
41 9
37.3
2 97
2 2
1 8
43.4
43.4
43.4
39.2
3.1
2.4
1.1
43.6
43.6
43.6
39.5
2 6.6
2.0
1.5
45.1
45.1
45.1
40.2
2 7.6
2.1
2 2
Gross private saving
Personal savingUndistributed corporate
profits. _Corporate inventory valua-
tion adjustmentCorporate capital consump-
tion allowancesNoncorporate capital con-
sumption allowances ..Wage accruals less disburse-
ments
Government surplus or deficit(— ), national income andproduct accounts
Federal _ _ .State and local
Gross investment _ _ .
Gross private domesticinvestment
Net foreign investment
Statistical discrepancy. _ . _-
101.4
24 5
21.3
-.4
33 9
22.2
.0
-1.4
-3.01.7
98.7
93.05.7
-1.4
109.1
25 7
25.3
— 1.5
36 3
23.3
.0
3.2
1.61.6
110.7
106.64.2
-1.6
115.5
27.0
27.4
-2.1
38.8
24.4
.0
3.5
.33.2
118.8
117.01.8
-.2
113.6
28 5
26.1
-1.8
37.2
23.6
.0
1.4
-.21.6
115.4
111.93.5
.4
113.2
26 7
27.8
—2.8
37 7
23.8
.0
4.7
2.32.4
117.1
114.52.6
-.8
113.9
26 6
27.6
-2 9
38 5
24.2
.0
7.3
3.83.5
120.3
118. 51.8
-.9
112.5
24.5
27.1
-2.8
39.1
24.5
.0
3 3
-.53.8
116.1
115.01.1
.4
122.3
30.4
27.4
.0
39.7
24.9
.0
-.4
-3.63.3
121.5
120.01.5
-.4
32.5
-.6
40.3
25.3
.0
111.2
109.02.2
Preliminary.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
BY ROBERT E. GRAHAM, JR.
State Personal Income in 1966
1 ERSONAL INCOME rose in everyregion and in nearly every State in thefinal quarter of 1966, pushing thetotal for the full year to a record highin all States. For the country as awhole, the increase from 1965 to 1966was 8 percent; by State, the increasesranged from 2 to 13 percent.
Fourth quarter changes
The largest relative gains in incomefrom the third to the fourth quarter oflast year occurred in the Great Lakesand Plains regions, where the increasesamounted to more than 3 percent(see table A). With manufacturingpayrolls providing the major stimulusin the industrial Great Lakes area, allStates except Indiana scored gainsbetter than the national average;Illinois and Michigan achieved thelargest relative increases.
The income expansion in the PlainsStates reflected advances in agricultureas well as in manufacturing.. Sharpgains in manufacturing were the prin-cipal factor in Minnesota, Iowa, andMissouri; farm income added appre-ciably to the total income gain inIowa, and Federal military and civilianpayrolls contributed significantly inMissouri. In the other four PlainsStates, where increases in total incomewere somewhat smaller, advances infarm income played the principal role,aided by an increase in manufacturingin Kansas.
The substantial income rise in theRocky Mountain region centered in
Montana, Idaho, and Utah. In thefirst two States, the main impetus camefrom farm income, while in Utah, itcame from manufacturing; in all three-States, Federal civilian payrolls addedto the income flow. In Colorado,where income rose less than the regionalaverage, a dip in farm income and areduction in Federal civilian wagesapproximately matched the rise inmilitary payrolls.
There were substantial income gainsin Connecticut and the three northernNew England States, while Massachu-setts showed a small rise and RhodeIsland a slight decline. In Connecticut,all major sources contributed to theadvance, and in Maine, the rise centeredin manufacturing and agriculture. Inboth New Hampshire and Vermont,recreational activities pushed incomeup. Declines in factory payrolls werethe major factors in Massachusetts andRhode Island.
Income gains in the Southeast andSouthwest regions fell below the na-tional rate by small margins. In mostSoutheastern States, farm income andFederal civilian payrolls were off some-what in the final quarter of the year.
Table A.—Percent Changes in PersonalIncome
NOTE.—The estimates of State personal income wereprepared in the Regional Economics Division under thesupervision of Edwin J. Coleman. The quarterly estimateswere constructed by Marian Sacks; the annual estimates byVivian Conklin, Frank Dallavalle, Linnea Hazen, ElizabethII. Queen, and Mae B. Rothery.
Regions
United States _ _
New EnglandMideast
Great Lakes _ _ _Plains
Southeast . _ _Southwest
Rocky MountainFar West
III-1966to
IV-1966
2.2
2.51.3
3.23.2
2.02.0
2 91.8
1965to
1966
8.2
8.47.4
7.97.5
9.48.7
6 59.1
Manufacturing activity presented amixed picture: About half the Statesof the region scored increases, while theremainder rose at less-than-averagerates or showed absolute declines. Inthe Southwest, the lag reflected a sharpdecline in farm income; most nonfarmincome components were up.
Income growth in all States of theFar West fell behind the nationalgrowth rate. Manufacturing activitywas down throughout the region exceptin California, where a large increase infactory payrolls was nearly offset by adrop in construction payrolls. InWashington, Federal civilian and mili-tary payrolls also declined.
The smallest regional gain in theNation in the fourth quarter of 1966was in the Mideast, where only Dela-ware recorded an increase of above-average proportions. Although mostincome sources showed fourth quarteradvances, in nearly every instance theyw^ere small and were generally offset bydeclines in Federal civilian and con-struction payrolls.
Income Changes, 1965-66
During 1966, personal income in theNation moved ahead at a fairly con-sistent pace from quarter to quarter.A generally similar, though less con-sistent, pattern characterized regionalchanges. On an annual basis, regionalchanges from 1965 to 1966 were inline with long-term growth trendsmodified by the type of demand thatprevailed in 1966. As usual, develop-ments in some States reflected thevagaries of agricultural production.
The distinguishing features of thelong-term trend in regional incomehave been the above-average rates ofgrowth in the four southern and western
9255-322 O - 67 - 2
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10 SURVEY OF CURRENT BUSINESS April 1067
regions and the below-average rates inthe four northeastern and centralregions. The dominant short-term in-fluence shaping changes in the regionaldistribution of economic activity lastyear was the rapid expansion in defenserequirements. A $10-billion increasein defense spending affected the 1966income distribution through threemajor income components: Militarypayrolls, Federal civilian payrolls, andfactory payrolls in defense-orientedindustries. The percent changes inselected components from 1965 to 1966are shown in table 2.
The buildup in the Armed Forces andtheir movements within and from theUnited States made for large regionalchanges in military payrolls. For allStates combined, military pay roseone-fifth from 1965 to 1966. Changesvaried from declines in 10 States toincreases of more than one-third inothers. These wide variations in ratesof change, coupled with equally widevariations in the importance of militarypayrolls as an income source, had asubstantial influence on the Stateincome flow last year. Since Federalcivilian support is required at militaryinstallations within the United States,
civilian payrolls fluctuated with changesin military activity, although interstatevariations in Federal civilian payrollswere less than in military payrolls.
Military demand for supplies such asaircraft, ordnance, ground transporta-tion equipment, textiles, equipage, andfuel stimulated production in certainmanufacturing industries. In regionswhere such industries are concentrated,factory payrolls moved ahead rapidlyin 1966 and affected supporting indus-tries.
New England
Personal income in New England roseat a slightly better-than-average ratefrom 1965 to 1966, as comparativelylarge increases in Vermont, New Hamp-shire, and Connecticut more thanoffset income lags in the other threeStates.
As usual, the region's manufacturingindustry exercised a strong influence onthe area's economy in 1966. Account-ing directly for nearly one-third of totalincome in the region, earnings of personsengaged in manufacturing contributednearly two-thirds of the 1965-66 risein total income. In response to defensedemands, there were large gains inindustries producing electrical and non-
electrical machinery and ordnance.Most nondurable manufactures rose ata slower rate than durables, withtextiles and leather little changed from1965.
Last year, the largest relative gainsin New England manufacturing werein Vermont, where earnings of personsrose one-fifth, and in Connecticut,where they expanded one-seventh. Ineach instance, income from manufac-turing rose at twice the rate as incomefrom nonmanufacturing. Though rela-tive gains in manufacturing weresmaller in the other New EnglandStates, they were still substantial and,in every case, larger than the relativeincreases in nonmanufacturing income.
In New Hampshire, the expansionof trade outlets contributed to theState's economic gain while, in Ver-mont, winter recreation activity gavea special impetus to income growth;these developments are indicated bythe pickup in trade and service activi-ties in these two States. In Connect-icut, higher Federal government dis-bursements, particularly military andcivilian payrolls, provided an additionalboost to the income flow.
With the region's basic industry(manufacturing) registering a sharp
Percent Increases in Personal Income by Region
12
UNITED STATES New England
1964 65 66
Midwest Great Lakes
64 65 66
-
64 65 66
n
Plains
64 65 66
Ch<
r-i
Southeast
—
64 65 66
ange From Previous Ye
pi
Southwest
64 65 66
or
-,
Rocky Mountain Far West
64 65 66 641
— 1
-
65 66 1 64 65 66
U.S. Department of Commerce, Office of Business Economics
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
April 1967 SURVEY OF CURRENT BUSINESS 11
improvement in 1966, the resultingmultiplier effects might have beenexpected to lift the income rise in sup-porting industries—such as trade, serv-ices, and finance—to above-averagelevels. As table 2 shows, this was notthe case; instead, nonmanufacturingindustries in New England continuedtheir long-term downtrends.
Mideast
In the large and economically stableMideast, total income rose at a lowerrate than in the Nation, as most majorincome components expanded at abelow-average pace. The region is solarge economically—accounting foralmost one-fourth of all income in theNation—that it is difficult to isolateand measure at the regional level thedifferential effects of a particular oc-currence. Even major economic de-velopments that in most parts of theNation would make an obvious impacton the income flow are absorbed intothe economy of the Mideast with littleidentifiable effect.
However, some industrial develop-ments in 1966 had an impact on theeconomy of the Mideast, especiallywhen viewed at the State level. Ingeneral, government income disburse-ments gave more of a relative boost toMideast incomes than did other incomesources. Although Federal paymentsrose throughout the region, the majorthrust in most States and in the entireregion came from an increase in Stateand local government disbursements,which was larger than in any otherregion. Government income paymentswere an especially stimulating factor inthe District of Columbia, where a com-paratively small rise exerted consider-able leverage on income expansionbecause of the unusual importance ofGovernment as an income source.
Declines in farm income limited therise in total income in Delaware aridin Maryland as farm production ex-penses offset gains in cash receipts.Earnings of persons engaged in theregion's large financial sector—whichservices numerous activities for theentire Nation—increased at an above-average rate in most States and in theregion as a whole.
Only one State—Maryland—scoredan increase in total income that differedsignificantly from the regional average.The strong rise in Maryland, in linewith its long-term uptrend, reflectedprimarily gains in the many Federalactivities located in the State and theresulting increases in supporting in-dustries.
Great LakesIncome changes in the Great Lakes
region in 1966 were a shade belowaverage. Major income componentsexperienced almost the same relativerate of change in the region as in theNation; however, this regional uni-formity masked some differences amongthe individual States.
Income in Michigan rose at a less-than-average rate because of a lag inearnings of persons in manufacturing—the State's pace-setting industry. Asusual, developments in the automobileindustry were the major determinant ofchanges in manufacturing activity. Acutback in automobile production fromthe high level of 1965 was reflected in a,shorter workweek last year; however,because of small increases in totalemployment and hourly earnings, pay-rolls rose a little. This advance,coupled with increases in the fabricatedmetals and machinery industries(mainly the result of an increase ofnearly three-fourths in defense primecontracts), pushed total factory pay-rolls moderately ahead, though not somuch as in the Nation. Table 2 showsclearly the effect of the lag in manu-facturing on Michigan's supportingtrade and service industries.
Although Ohio's large manufacturingindustry kept pace with manufacturingincome in the Nation last year, mostother industries fell somewhat behindthe national rate, thereby limiting theoverall income increase. In Illinois andIndiana, increases in manufacturingactivity tended to compensate for smalllags in farming and government, whilethe opposite situation occurred inWisconsin. In each of the three Statesthe relative rise in total income wasclose to the national rate.
On balance, defense requirements hadonly a limited effect on the 1966 income
flow in the Great Lakes and were notstrong enough to offset the small long-term downtrend that characterizes theregion's relative position.
PlainsAgricultural developments had the
largest effect on the flow of total in-come in the Plains States last year.Farm income was up substantially inMinnesota, Iowa, South Dakota, andNebraska and down in North Dakota,Kansas, and Missouri.
Government disbursements to in-dividuals, one of the two major ex-pansionary forces last year, bolsteredthe income flow in the Plains States lessthan in the Nation. In most Statesof the region, Federal military andcivilian payrolls showed comparativelysmall advances, with the former de-clining in Nebraska and Kansas. Mis-souri was a notable exception, as largegains in Federal payrolls provided amajor stimulus to the overall incomeexpansion.
Among the region's private nonfarmindustries, income gains were aboutaverage, as sizable increases in manu-facturing were offset by less-than-average gains in other industries. In-come from private nonfarm sourcesrose significantly in Iowa and some-what less in Minnesota; however, itlagged considerably in the two Dakotas.
Manufacturing in Minnesota, Iowa,Missouri, Nebraska, North Dakota,and Kansas received a major stimulusfrom defense demands in 1966, anddefense-generated factory employmentin each of these States rose by one-fourth to one-third or more. Thisboost to defense-oriented manufactur-ing activity was mainly responsiblefor the favorable experience of totalmanufacturing in all Plains Statesexcept South Dakota.
SoutheastThe Southeast scored the top-ranking
income gain in the Nation from 1965to 1966. This was a reflection of above-average advances in nearly all industries.With the heavy concentration of Fed-eral establishments in the region, thestepped-up tempo of military activitycontributed appreciably to the increasedflow of personal income. In the private
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
12 SUKVEY OF CUEKENT BUSINESS April 1967
Table 1.—Total Personal Income, by States and Regions
[Millions of dollars]
State and region
United States
New England
MaineNew HampshireVermont _ __ _
MassachusettsRhode IslandConnecticut. __
Mideast _ _ .
New YorkNew JerseyPennsylvania
Delaware -Maryland--District of Columbia
Great Lakes ___
MichiganOhio. . .Indiana .._ _
IllinoisWisconsin
Plains .
Minnesota. _ _Iowa.Missouri
North DakotaSouth Dakota .Nebraska
Kansas. _
Southeast
VirginiaWest VirginiaKentucky _ _
TennesseeNorth Carolina _South Carolina _
Georgia. . _ _FloridaAlabama
Mississippi _ _ _LouisianaArkansas _
Southwest
Oklahoma __ _Texas
New MexicoArizona __ __ _
Rocky Mountain _ _ _
Montana __ _IdahoWyoming
ColoradoUtah
Far West
Washington __ . _Oregon _> ._ _.
NevadaCalifornia
AlaskaHawaii
1965
532,147
33,383
2,2451,714
934
16, 3492,5159,626
128,400
59, 35021, 95031,816
1,70610, 6042,974
114,109
25, 03128,97213, 924
34, 90311, 279
41,609
9,4957,381
11,961
1,4861,5183,836
5,932
88,217
10, 6913,6796,489
7,74910, 0704,708
9, 47814, 0416,660
3,7127,35Q3, 581
36,321
5, 60324, 761
2,2243,733
11,841
1,7141,660
844
5,2822,341
75,386
8,6415, 350
1,43759, 958
8512,030
1966
575,895
36,181
2,3961,8801,049
17, 6072,676
10, 573
137,930
63, 53223, 54934, 184
1,82411, 6343,207
123,070
26, 95931, 19815, 054
37, 64812, 211
44,744
10, 2688,051
12, 824
1,5601,6064,104
6,331
96,472
11,6323,9387,018
8, 53911,1745,242
10. 30515,3077,171
4,0758,1333,938
39,492
6,03827, 003
2,3614,090
12,612
1,8361,694
884
5.6782,520
82,279
9,7765,744
1,51265, 247
8902,225
Seasonally adjusted at annual rates
1965
I
515,194
32,369
2, 1751,654
884
15, 8322,4409,384
124,811
57, 87721, 29730,847
1,64210, 2682,880
110,383
24, 04428, 13813,474
33,85810, 869
39,856
9,2046,942
11, 534
1,3651,4503,657
5,704
84,972
10, 3403,5736,290
7,5009,7624,448
9,12613, 4496,437
3, 5287,0553,424
35,085
5,41723, 914
2, 1353,619
11,495
1,6411.634
841
5, 0742,305
73,441
8,3875,244
1,43158, 379
8241,958
II
524,733
33,003
2,2301,686
914
16, 0902,4529,631
126,302
58, 48121, 60431, 249
1,66710, 3912,910
112,679
24, 73828, 52613, 758
34,53711, 120
41,212
9,4217,332
11, 774
1,4651,5113,816
5,893
86,661
10,4543.63S6,454
7,5849,9384, 583
9, 30513, 7826,578
3, 6377,1873,521
35,900
5, 53224, 452
2,2103,706
11,629
1,6741,608
851
5,1822,314
74,500
8,4855,266
1, 43359, 316
8581,989
III
538,967
33,814
2,2611,741
953
16, 7462,5909,523
130,646
60, 26422, 35332, 435
1,73210, 8363,026
114,752
25,09229, 21214, 058
34, 94011, 450
42,281
9,6427,534
12, 120
1,5351,5743,888
5,988
89,787
10, 8963,7306,602
7,88010,2084, 825
9,60014, 3096,755
3,8007, 5203,662
36,898
5, 66425, 179
2,2863,769
11,947
1,7131, 656
841
.5.3562,351
75,930
8,7685,367
1,44160, 354
8472,065
IV
549,696
34,350
2,3171,774
985
16, 7292,5779,968
131,836
60, 77422, 54832, 731
1,78210, 9053,096
118,624
26, 25030, 01414, 404
36, 27611, 680
43,084
9,7087,718
12, 416
1,5791,5403,982
6,141
91,448
11, 0743,7766,609
8,03310, 3714, 936
9,88114, 6246,872
3, 8847,6723, 716
37,400
5, 79825, 497
2,2683,837
12,304
1,7991, 744
846
5,5222,393
77,668
8,9245,522
1,44461, 778
8742,108
1966
I
560,628
35,183
2,2921,8071,008
17, 1582,588
10, 330
134,306
62, 04822, 99233, 197
1,77811, 2313,060
119,421
26, 09430, 35514, 640
36, 57011, 762
43,516
10, 0047,749
12, 550
1,5241,6193,994
6,076
94,057
11,2033,8196,911
8,30610, 9635,095
10,07114, 7707,091
4,0427,9053,881
38,626
5, 95426, 371
2,2914,010
12,318
1,8001,692
890
5,4662,470
80,110
9,3025,684
1. 53063, 594
8732,218
II
569,102
35,856
2,3501, 8481,031
17, 3912,634
10, 602
136,147
62, 93423, 20933, 614
1, 79311,4403,157
121,290
26, 59030, 71914, 927
37, 00312, 051
44,324
10, 1127, 971
12, 734
1,5651,6074, 053
6, 282
95,344
11, 4083, 8596, 993
8,46011,1015,146
10. 24215,0157,127
4, 0787,9963, 919
39,055
5,95526, 677
2. 3624, 061
12,447
1,7961,664
887
5, 6022,498
81,558
9,5965, 764
1,52264, 676
8932,188
III
580,560
36,392
2,3981,8981,059
17, 8722,753
10, 412
139,733
64, 28023, 85534, 609
1,83111, 8843,274
123,772
27, 10031, 36115, 168
37, 80912, 334
44,853
10, 3458,030
12, 820
1,5521,5864,131
6,389
97,267
11,8913,9907,027
8,61411,2465,259
10,39315, 4947,175
4,0388,2053,935
39,744
6,00227, 223
2,3934,126
12,657
1,8391,670
874
5, 7642,510
82,987
10, 0525, 724
1,48665, 725
8982,257
IV
593,271
37,293
2,5451,9671,100
18, 0082,727
10, 946
141,522
64, 86524, 14235, 315
1,88411,9783,338
127,791
28, 05232, 35515, 478
39, 21012, 696
46,284
10, 6108,455
13, 192
1,5981,6104,240
6,579
99,224
12, 0284,0837, 143
8,77611,3865, 469
10, 51415,9487,290
4,1448.4244,019
40,543
6, 23827, 742
2,3984, 165
13,023
1,9101,748
884
5.8782,603
84,457
10, 1535, 803
1,50966, 992
8962,238
Index, IV-1965=100 (seasonally adjusted)
1965
IV
100
100
100100100
100100100
100
100100100
100100100
100
100100100
100100
100
100100100
100100100
100
100
100100100
100100100
100100100
100100100
100
100100
100100
100
100100100
100100
100
100100
100100
100100
1966
I
102
102
99102102
103100104
102
102102101
10010399
101
99101102
101101
101
103100
- 101
97105100
99
103
101101105
103106103
102101103
104103104
103
103103
101105
100
10097
105
99103
103
104103
106103
100105
II
104
104
101104105
104102106
103
104103103
101105102
102
101102104
102103
103
104103103
99104102
102
101
103102106
105107104
104103104
105104105
104
103105
104106
101
10095
105
101104
105
108104
105105
102104
III
106
106
103107108
107107104
106
106106106
103109106
104
103104105
104106
104
107104103
98103104
104
106
107106106
107108107
105106104
104107106
106
104107
106108
103
10296
103
104105
107
113104
103106
103107
IV
108
109
110111112
108106110
107
107107108
106110108
108
107108108
108109
107
109110106
101105106
107
108
109108108
109110111
106109106
107110108
108
108109
106109
106
106100104
106109
109
114105
105108
103106
NOTE.—Quarterly totals for the State personal income series will not agree with the personal income measure carried in the national income and product accounts since the latterincludes income dispersed to Government personnel stationed abroad. Quarterly totals for personal income in 1966 have been revised for a number of States.
Source: U.S. Department of Commerce, Office of Business Economics.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
April 1967 SURVEY OF CUREENT BUSINESS 13
nonfarm economy, every major indus-try showed a larger increase than inthe country as a whole. Only in agri-culture was the 1965-66 income experi-ence of the Southeast below average.Here, all States except North Carolina,Louisiana, and Arkansas recordeddeclines or less-than-average gains inincome.
All States of the Southeast exceptWest Virginia, Kentucky, and Alabamashared in the region's above-average1965-66 income rise. Particularly im-partant were the unusually largeincreases in Federal disbursements inseveral States—Kentucky, the twoCarolinas, Georgia, Mississippi, andLouisiana—where Federal civilianwages and salaries advanced 10 to 15percent and military payrolls roseone-fourth or more. These increases,large in absolute terms, assume evengreater importance when viewed inthe light of the relative importance ofFederal payrolls in the income structureof these States.
Also contributing heavily to theincome rise in 1966 were the unusuallylarge advances in factory payrolls inTennessee, the Carolinas, Florida,Mississippi, and Arkansas. An inspec-tion of the percentage increases in theright-hand section of table 2 revealsmany other instances of substantialincreases in the Southeastern States.
As was noted above, only in Alabamaand West Virginia did income lag in1966. In both States, a decline in farmincome and a sluggish performance inmanufacturing were responsible.
Southwest
Income in the Southwest rose at abetter-than-average pace. The region'smajor income-producing activitiestended to fluctuate around the nationalaverage, with gains outweighing lags bya small margin. Among the States,regional gains centered in Texas andArizona.
Manufacturing in the region ex-panded at an above-average rate asthe production of transportation equip-ment—mainly aircraft and relatedparts—rose one-fifth in response todefense demands. Arizona's increaseof nearly one-fourth was the largest inthe Nation. Only New Mexico failed
Table 2.—Percent Changes in Selected Components of Personal Income, by States andRegions, 1965-66
State and region
United States
New England
Maine . _New Hampshire .Vermont
M assachusettsRhode IslandConnecticut
Mideast
New YorkNew JerseyPennsylvania __. _ _
DelawareMarylandDistrict of Columbia.
Great Lakes
MichiganOhioIndiana
IllinoisWisconsin
Plains
MinnesotaIowaMissouri
North DakotaSouth Dakota _Nebraska
Kansas
Southeast
VirginiaWest VirginiaKentucky
TennesseeNorth CarolinaSouth Carolina
GeorgiaFloridaAlabama
MississippiLouisianaArkansas..
Southwest
OklahomaTexas
New Mexico .Arizona
Rocky Mountain
Montana _IdahoWyoming
ColoradoUtah
Far West
WashingtonOregon _
NevadaCalifornia
AlaskaHawaii
Totalper-sonal
income
8.2
8.4
6.79.7
12.3
7.76.49.8
7.4
7.07.37.4
6.99.77.8
7.9
7.77.78.1
7.98.3
7 5
8.19.17.2
5.05.87.0
6.7
9.4
8.87.08.2
10.211.011.3
8.79.07.7
9.810.510.0
8 7
7.89.1
6.29.6
6.5
7.12.04.7
7.57.6
9.1
13.17.4
5.28.8
4.69.6
Mining
6
4
-10141
3296
3
722
357
C1)
5
852
46
6
10118
713
-2
8
65
11
5136
1412
—1
21011
4
53
19
8
7135
126
9
75
129
24(i)
Con-tractcon-
struc-tion
8
6
12411
6—4
6
7
53
12
57
0)11
91412
815
6
12182
-20-12
5
-1
11
51813
191521
228
102416
8
210
-311
1
-2—6-4
44
3
243
-201
—716
I
Manu-factur-
ing
10
11
111220
108
14
8
789
9106
10
81011
119
13
131512
128
12
17
11
86
10
141212
11158
141014
13
1412
723
10
7102
144
13
228
512
(i)5
Earnings
Whole-saleand
retailtrade
7
6
6109
716
6
486
8115
7
569
88
7
796
446
6
8
878
99
10
898
8105
7
58
57
5
461
55
6
86
56
109
of person
Fi-nance,insur-ance,
and realestate
6
6
779
646
7
775
896
6
757
66
5
665
324
5
7
856
668
886
887
7
67
35
5
475
54
4
96
13
129
is engaged
Transpor-tation,
communi-cations,
andpublic
utilities
7
6
669
647
7
785
686
7
1267
56
5
567
433
4
8
745
79
10
1095
6105
g
78
57
5
35
(i)
65
10
106
210
414
in produ
Serv-ices
9
9
91114
1057
8
888
10128
8
4g
10
89
8
897
787
10
11
1149
101017
161211
10118
10
711
56
7
464
88
9
128
108
610
ction
Fed-eral
civilianGov-
ernment
10
7
682
75
13
9
8119
18126
9
98
13
106
9
94
13
243
8
9
95
16
61013
1315
(i)
10119
12
1413
56
11
99
(i)
620
11
85
613
29
Fed-eralmili-tary
19
5
-1-15
13
21619
16
42614
72116
20
42018
321
9
101534
115
-11
-1
23
241627
232535
241129
30233
20
1625
-413
12
7-15-7
207
23
12-3
-226
5-2
StateandlocalGov-
ernment
10
8
131113
689
12
118
17
109
14
10
1399
614
9
999
13104
9
11
121010
81112
139
12
81011
9
109
107
7
564
89
9
109
109
1025
1 Less than one-half of 1 percent.
Source: U.S. Department of Commerce, Office of Business Economics.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
14 SURVEY OF CURRENT BUSINESS April 1967
to share in the large rise in manufac-turing activity in 1966.
Federal income disbursements in theregion—mainly civilian and militarypayrolls—also rose at better-than-aver-age rates, although the rise was confined
to Oklahoma and Texas, with NewMexico and Arizona falling behind.
In contrast to the buoyancy of manu-facturing and government, the earningsof workers in mining lagged as oil well-drilling declined. In addition, farm
income rose less in the Southwest thannationally. As a result of these di-vergent developments in "export-base"industries, income in supporting indus-tries tended to expand at only slightlybetter-than-average rates.
Table 3.—Total Personal Income, by States and Regions, 1948-66
[Millions of dollars]
State and region
United States .
New England
MaineNew HampshireVermont
MassachusettsRhode IslandConnecticut
Mideast
New YorkNew JerseyPennsylvania
DelawareMaryland .District of
Columbia
Great Lakes
MichiganOhioIndiana
IllinoisWisconsin
Plains
Minnesota..Iowa__Missouri
North DakotaSouth DakotaNebraska
Kansas
Southeast
Virginia .West VirginiaKentucky
TennesseeNorth CarolinaSouth Carolina
GeorgiaFloridaAlabama
MississippiLouisianaArkansas
Southwest
OklahomaTexas
New Mexico.Arizona
Rocky Mountain
MontanaIdahoWyoming
ColoradoUtah
Far West.
WashingtonOregon
Nevada __California.. _.
AlaskaHawaii _ _
1948
208,878
13,796
1,084668407
7,0121,1753,450
54,342
26, 0518,063
14, 716
5373,331
1,644
47,806
9,69112, 2695,624
15, 5214,701
19,647
4,1064,0425,338
813916
1,909
2,523
31,769
3,6242,1262,788
3,0373,7321,779
3 1543,0432 571
1 6392,6791 597
13,066
2,3909,142
655879
4,650
876725429
1 810810
23,802
3 6082,278
28317, 633
723
1949
205,791
13,623
1,060671396
6,9711,1513,374
54,408
26, 0468,131
14, 553
5863,392
1,700
46,004
9,62711, 7495,388
14, 6074,633
17,971
3,8463,3925 196
674689
1,697
2,477
31,246
3,6481,9942 659
3,0013,6751,724
3 1503,1772 446
1 4412,8571 474
13,924
2,4609,839
719906
4,600
788712445
1 820835
24,015
3 6002 251
28617, 878
685
1950
226, 214
14,911
1,087704425
7,6541,2623,779
59,210
27, 8418,934
16, 189
6843,772
1,790
50,849
10, 89512, 9305,998
15, 9485,078
20,135
4,2273,8975,672
782814
1,978
2,765
34,590
4,0702,1362 881
3,2954,2191,886
3,5743,5992 691
1,6433,0211,575
14,850
2,54710, 486
8111,006
5,091
962764484
1 970911
26,578
3 9952,482
32719, 774
828692
1951
253,233
16,525
1,188792482
8,3441,3844,335
64,882
30,00910, 15117, 752
7314,318
1,921
57,556
12 17614, 8946,938
17, 7115,837
21,912
4,6604,1276,245
794942
2,067
3,077
39,288
4,7632,3653 361
3,6454,6912,321
4,1224,0483 077
1 7963,3361,763
16,917
2,83711,914
9361,230
5,821
1,049850556
2 3131,053
30,332
4 4142,784
37822, 756
448793
1952
269,767
17,451
1,291833496
8,6751,4464,710
68,428
31, 39610, 93418, 617
7824,721
1,978
61,019
13, 05015, 9427,326
18, 6086,093
23,016
4,8234,3386,576
740828
2,187
3,524
42,041
5,1502,4623,587
3,8104,8512,527
4,4474,5543,287
1,9073,6361,823
18,327
3,08712, 837
1,0041,399
6,168
1,075932547
2,4981,116
33,317
4,6972,966
44025, 214
494865
1953
285,458
18,500
1,298884521
9,1791,5315,087
72,684
33, 20611, 75019, 938
8355,041
1,914
66,314
14, 74117, 4238,073
19, 8126,265
23,435
5,0794,2006,948
757892
2,125
3,434
43,958
5,2922,4733,752
4,0805,0402,615
4,5815,0503,432
1,9433,8581,842
18,923
3,20113, 196
1,0481,478
6,238
1,096899549
2,5281,166
35,406
4,9342,990
48027, 002
511896
1954
287,613
18 731
1,314915526
9,2931,5235,160
73,590
34, 27511,95719, 515
8575,069
1,917
65,549
14, 35417, 3977,653
19, 9336,212
24,233
5,2024,5256,974
766916
2,253
3,597
43,780
5,3382,3473,692
4,1055,1202,434
4,5365,3283,314
1,8753,8811,810
19,288
3,19313,504
1,0771,514
6,245
1,079902533
2,5661,165
36,197
5,0352,961
51927, 682
495908
1955
308,265
20,038
1,449983549
9,8911,6145,552
78,206
36, 45312,68820, 669
9805,467
1,949
70,776
15, 90018, 7628,265
21, 1676,682
24,763
5,4834,3077,451
848857
2,191
3,626
47,557
5,6382,4923,866
4,3745,5712,599
5,0006,0703,761
2,1024,1141,970
20,664
3,39014, 438
1,1811,655
6,775
1,178951570
2,8041,272
39,486
5,3063,198
60430, 378
505972
1956
330,481
21,367
1,5341,035
598
10, 4971,6746,029
83,741
38, 60813, 71922, 295
1,1245,976
2,019
75,631
16, 52919, 9928,875
23, 0247,211
26,075
5,7784,5807,844
881914
2,274
3,804
51,312
6,0842,7684,107
4,6715,9352,697
5,3506,9724,005
2,1414,5472,035
22,208
3,59115, 472
1,2841,861
7,340
1,2411,047
605
3, 0661,381
42,807
5,5833,422
62533, 177
6481,041
1957
348,462
22 477
1,5831,102
619
11, 0741,7016,398
88,282
40, 81814, 55023, 414
1 1256,314
2,061
78,619
16 87020, 9599,187
24, 0567,547
27,859
6,1355,0778,053
9051,0682,615
4,006
54,082
6,3492,9674,291
4,8725,9802,810
5,5317,7304,261
2,1725,0282,091
23,752
3,74416, 538
1,4422,028
7,893
2,2971,104
645
3,3651,482
45,498
5,9123,416
67335, 497
5371,114
1958
358,474
23,078
1,6441,137
627
11, 4561,7526,462
90,022
41, 80814, 82223, 555
1,1306,574
2,133
78,383
16, 47820, 6159,157
24, 3787,755
29,543
6,5945,2028,467
1,0301,0942,715
4,441
56,417
6,5932,8584,430
5,0266,2862,900
5,7788,4574,440
2,3525,0892,208
24,961
3,99417, 126
1,6192,222
8,281
1,3711,163
675
3,5251,547
47,789
6,1383,577
71337,361
5281,178
1959
380,963
24 405
1,7031,242
673
12, 1411,8466 800
95,290
44, 39215, 84524 672
1 1966,957
2,228
83,418
17, 48222, Oil9,776
25, 7768,373
30,235
6,7985,3198,945
950980
2,760
4,483
60,401
6,9942,9384,655
5,3946,7313,132
6,2229,3084,693
2,5725,3442,418
26,345
4,13117,995
1,7622,457
8,721
1,3451,230
715
3,7551,676
52,148
6,5403,826
77241, 010
5621,315
19601
98,725
25,532
1,7961,305
716
12, 6801,8977,138
99,042
46, 28116, 52825, 395
1,2387,289
2,311
86,490
18, 20322, 72910, 225
26, 7188,615
31,871
7,2415,4759,149
1,0871,2172,990
4,712
62,650
7,3392,9574,792
5,5217,1423,298
6,4899,7464,876
2,6325,3992,459
27,370
4,35018, 535
1,8012,684
9,166
1,3831,241
749
4,0221,771
54,477
6,7063,960
83142, 980
6491,478
1961 i
14,411
26 579
1,8151,360
732
13,2421,9667,464
102,420
47, 93917, 33625, 696
1,2697,805
2,375
88,002
18, 11322, 97610, 496
27, 5178,882
32,924
7,5845,7439,418
9641,2263,048
4,941
65,966
7,7763,0025,123
5,8797,6093,464
6,75710, 2535,014
2,8205,5682,701
28,883
4,55119, 551
1,8732,908
9,666
1,3711,313
774
4,2991,909
57,738
7,0794,067
91445, 678
6351,598
19621
40,192
28,165
1,8851,449
778
13, 9122,1158,026
108,230
50, 67618, 44926, 879
1,3438,349
2,534
92,992
19, 32024, 15411, 148
28, 9929,378
35,002
7,8746,0059,892
1,3711,4073,276
5,177
70,551
8,4483,0955,427
6,2588,1783,752
7,29311,0605,270
2,9795,8932,898
30,358
4,68820, 518
1,9703,182
10,424
1,5811,413
792
4,5662,072
62,124
7,6354,313
1,12549, 051
6661,680
19631
63,053
29 461
1,9321,516
799
14, 5472,1998,468
113,023
52, 69719, 40027, 847
1,4468,964
2,669
97,626
20, 78725, 14411, 813
30, 2289,654
36,374
8,3186,352
10, 402
1,2921,3493,342
5,319
75,282
8,9843,2335,733
6,6448,6323,948
7,90511, 8655,660
3,2916,2843,103
31,867
4,88021, 589
2,0323,366
10,715
1,5881,411
811
4,7502,155
66,225
7,7644,578
1,26852, 615
7041,776
19641
93,408
31,269
2,0881,600
850
15, 3832,3449,004
20,297
55, 94620, 50129, 770
1,5429,734
2,804
104,442
22, 62626, 73612, 556
32, 13610,388
37,885
8,6106,608
10,988
1,2941,3143,506
5,565
81,250
9,8953,4475,968
7,1309,3214,287
8,62612,9206,098
3,4226,7623,374
33,789
5,19622, 966
2,1073,520
11,053
1,5851,464
821
4,9672,216
70,722
8,0634,904
1,35156, 404
7891,912
19651
532 147
33 383
2 2451,714
934
16, 3492,5159,626
128,400
59, 35021, 95031 816
1 70610 604
2,974
114,109
25, 03128, 97213, 924
34, 90311, 279
41,609
9,4957,381
11,961
1,4861,5183,836
5,932
88,217
10, 6913,6796,489
7,74910, 0704,708
9,47814,0416,660
3,7127,3593,581
36,321
5,60324,761
2,2243,733
11,841
1,7141,660
844
5,2822,341
75,386
8,6415,350
1,43759, 958
8512,030
1966 1 2
575, 895
36, 181
2,3961,8801,049
17,6072,676
10, 573
137, 930
63, 53223, 54934, 184
1,82411, 634
3,207
123, 070
26, 95931, 19815, 054
37, 64812,211
44, 744
10,2688,051
12, 824
1,5601,6064,104
6,331
96, 472
11,6323,9387,018
8,53911,1745,242
10, 30515,3077,171
4,0758,1333,93*
39, 492
6,03827, Oft
2,3614,09(
12,612
1,8361,694
884
5,6782,52C
82, 27S
9,7765,744
1,51265, 247
89C2,225
1 Total includes Alaska and Hawaii 1960-65 but not in earlier years. 2 Preliminary. Source: U.S. Department of Commerce, Office of Business Economics.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
April 1967 SURVEY OF CURRENT BUSINESS 15
Rocky Mountain
The smallest income rise in 1966occurred in the Rocky Mountain region,with sharp declines in farm income in
Idaho and Colorado a prime factor.In both of these States, the rise inincome from agriculture had beenunusually large in the preceding year.The increase in government incomedisbursements was relatively small in
all States of the region except Utahand Colorado; Federal civilian payrollsexpanded nearly one-fifth in the formerand military pay by the same per-centage in the latter. Throughout theregion, State and local payrolls were up
Table 4.—Per Capita Personal Income, by States and Regions, 1948-66
[Dollars]
State and region
United States
New England.
MaineNew HampshireVermont
MassachusettsRhode IslandC onnecticut
Mideast..
New YorkNew Jersey..Pennsylvania
Delaware.. _MarylandDistrict of Colum-
bia
Great Lakes
Michigan _OhioIndiana
IllinoisWisconsin.
Plains
MinnesotaIowaMissouri . _
North DakotaSouth DakotaNebraska
Kansas
Southeast
Virginia...West VirginiaKentucky
TennesseeNorth CarolinaSouth Carolina
GeorgiaFloridaAlabama
Mississippi ...LouisianaArkansas
Southwest
OklahomaTexas
New MexicoArizona
Rocky Mountain
Montana ._IdahoWyoming
ColoradoUtah
Far West
WashingtonOregon
NevadaCalifornia ...
Alaska ...Hawaii
1948
1,430
1,494
1,2351,2851,134
1,5001,4931,713
1,648
1,7971,6891,431
1,7211,467
1,957
1,603
1,5601,5581,451
1,8151,419
1,444
1,4321,5891,389
1,4021,4971,509
1,334
984
1,1301,120
990
944973891
9681,180
866
7891,032
875
1,187
1,1441,199
1,0841,274
1,419
1,6161,3161 595
1,4331,240
1 715
1,6001,621
1,8141,752
1 407
1949
1,384
1,452
1,1741,2591,073
1,4701,4371,660
1,618
1,7491,6631,401
1,8541,456
2,107
1,517
1,5201,4741,361
1,6851,366
1,298
1,3101,3161,338
1,1291,0921,303
1,287
953
1,1081,033
933
927940850
9471,191
815
6911,085
799
1,256
1,1691,291
1,1161,269
1,360
1,3851,2491,606
1,4051,244
1,689
1,5691,573
1,8221,730
1 354
1950
1,496
1,601
1,1851,3231,121
1,6331,6061,875
1,756
1,8731,8341,541
2,1311,602
2,221
1,666
1,7001,6201,512
1,8251,477
1,428
1,4101,4851,431
1,2631,2431,491
1,443
1,022
1,2281,065
981
9941,037
893
1,0341,281
880
7551,120
825
1,297
1,1431,349
1,1771,331
1,457
1,6221,2951,669
1,4871,309
1,801
1,6741,620
2,0191,852
2,8851 387
1951
1,652
1,779
1,2971,4971,275
1 7931,7652,138
1,912
2,0152,0281,697
2,2081,769
2 377
1,864
1,8741,8481,694
2 0151,697
1,547
1,5481,5771,555
1,3151,4381,571
1,578
1,141
1,3871,1921,143
1,0811,1391,071
1,1671,3581,006
8301,205
927
1,431
1,2841,469
1,3051,567
1,659
1,7601,4431,911
1,7441,492
1 985
1,8211,789
2,2502,044
2,8351 580
1952
1,733
1,865
1,4111,5571 323
1 8661,8032,263
1,985
2,0672,1331,773
2,2931 888
2 457
1,937
1,9621,9271,766
2 0781,756
1 624
1,5921,6521,656
1,2171,2721,668
1,782
1,213
1,4701,2581,228
1,1371,1811,160
1,2411,4431,071
8861,279
992
1,513
1,3911.544
1,3661,662
1,727
1,7861,5881 867
1,8301 541
2 103
1,9191,875
2,4312,167
2,6141 747
1953
1,804
1,921
1,4221,6161,375
1,9101,8792,346
2,068
2,1392,2471,870
2,3791,964
2,363
2,062
2,1612,0281,930
2,1861,787
1,642
1, 6651,5981,728
1,2431,3771,612
1,722
1,267
1,4881,2821,292
1,2291,2231,199
1,2881,5261,124
9231,3461,035
1,555
1,4671,583
1,3861,653
1,699
1,7791,5081 893
1,7671,578
2 144
2,0011,868
2,4622,204
2,4931 796
1954
1,785
1,905
1,4171,6521 395
1 8931,8662,294
2,054
2,1672,2311,804
2,3291 888
2 424
1,983
2,0311,9611,795
2 1541,722
1 677
1,6711,7231,715
1,2541,3981,681
1 762
1,256
1,5021,2321,272
1,2221,2391,119
1 2591,5201,100
9081 3461,044
1 570
1 4451,611
1,4121,623
1,661
1,7291,5031 819
1,7191 553
2 117
2,0011,821
2,4372,172
2,3021 802
1955
1,876
2,030
1,5511,7651 464
2 0261,9612,414
2,153
2 2832,3061,889
2,5191 994
2 483
2,095
2,1832,0811,894
2 2431 816
1 681
1,7291 6081,802
1,3791,2931,595
1 732
1,343
1,5711,3261,329
1 2811,3131,181
1 3751 6201,233
1,0201 3961,142
1 629
1 5071,667
1,5041,677
1,742
1 8521,5391 857
1,8141 625
2 239
2 0381,928
2 5492,313
2 2751 837
1956
1,975
2,152
1 6351,8291 586
2 1461 9932,603
2 283
2 3962,4432,032
2,7552 126
2 660
2,198
2 2142,1711 991
2 4161 927
1 749
1,7831 6941,884
1 4371,3641,628
1 795
1,423
1,6351,4911,417
1 3681,3771,210
1 4461 7231,304
1,0261 5001,194
1 713
1 5801,752
1,5931 767
1,821
1 8921,6671 939
1,8871 707
2 335
2 0932,015
2 5002,419
2 4461 900
1957
2,045
2,241
1,6791,9271 646
2 2471,9992,712
2,378
2,4932,5362,137
2,6412 198
2 701
2,248
2,2292,2272,028
2 4881,991
1 860
1,8741 8691,922
1,4791,6041,876
1 883
1,467
1,6521,6101,466
1,4191,3691,236
1 4691,7681,371
1,0401,6141,207
1 783
1,6411,823
1,7021,803
1,919
1,9441,7202 054
2,0221 794
2 400
2,1701,995
2,5882,489
2 3251 944
1958
2,068
2,258
1,7421,9571 650
2 2872,0422,642
2,387
2,5182,5162,130
2,6102 205
2 818
2,203
2,1492,1481 998
2 4662 018
1 970
1,9901 9212,023
1,7001,6681,963
2 073
1,507
1,6841,5491,496
1,4481,4361,259
1 519,827,404
,128,613,279
1 836
1 7621,851
1,8271,863
2,001
2,0591,8002 143
2,1151 831
2 433
2,2312,082
2 6512,511
2 3571 987
1959
2,161
2,338
1,7802,0841 739
2 3732 1542,695
2,494
2 6612,6342,196
2,7122 269
2 928
2,322
2 2512,2762 119
2 5812 152
1 990
2,0201 9492,101
1 5371,4691,976
2 075
1,585
1,7701,5841,552
1,5321,5101,334
1 6091 9361,465
1,2031 6661,377
1 899
1 8051,913
1,9171,948
2,064
2,0101,8722 234
2,1961 926
2 567
2 3182,191
2 7672,651
2 5092 156
19601
2,215
2,425
1 8442,1431 841
2 4592 2112,807
2 565
2 7462,7082,242
2,7572 343
3 017
2,383
2 3242,3342 188
2 6502 175
2 067
2,1161 9862 115
1 7151,7822,110
2 161
1,610
1,8411,5941,574
1 5431, 5611,377
1 6391 9501,488
1,2051 6551,372
1 922
1 8611,925
1,8902 032
2 108
2 0371,8492 263
2,2751 968
2 622
2 3492,235
2 8562,710
2 8462 369
19611
2,264
2,496
1,8302,2041 877
2 5442,2812,892
2,612
2 7952,7652,257
2,7592 464
3 065
2,405
2,2992,3282 222
2 7202,221
2 119
2,1932 0822,166
1,5041,7722,114
2 251
1,664
1,8981,6341,668
1,6201,6261,429
1 6781 9701,508
1,2681 6871,487
1 978
1 9101,984
1,9512,070
2,154
1 9731,9142 304
2,3432 040
2 693
2 4552,275
2 9292,776
2 7142 485
19621
2,368
2,618
1 9042,3001 980
2 6592 4253,040
2 728
2 9012,8892,371
2,8822 573
3 249
2,521
2 4382,4272 359
2 8262 330
2 241
2,2542 1772,269
2 1562,0012,247
2 343
1,749
2,0171,6981 751
1 6961,7261,531
1 7752 0511,580
1,3091 7481,546
2 023
1 9252,026
2,0142 171
2,284
2 2722,0332 386
2,4252 163
2 811
2 5932,374
3 2422,886
2 7752 538
19631
2,455
2,698
1,9612,3472 013
2 7462 5073,118
2,806
2 9782,9652,441
3,0132 675
3 370
2,619
2 5872,5092 471
2 9152 374
2 315
2,3722 3032,358
2,0031,9082,277
2 398
1,837
2,0951,7811,837
1 7761,8041,580
1 8792 1451,676
1,4361 8431,627
2 095
1 9922,105
2,0532,220
2,324
2,2652,0482 421
2,4832 215
2 910
2 6222,472
3 2432,997
2 8622 647
19641
2,579
2, 843
2,1222,4282,130
2 9102,6523,234
2,948
3 1273,0692,588
3,1212 828
3 527
2,766
2,7722,6412,599
3 0502,534
2 395
2,4402,3922,458
1,9911,8772,383
2 488
1,950
2,2641,8911,887
1,8741,9181,696
2 0042,2851,777
1,4851,9361,740
2 191
2,1112,208
2,0902,272
2,379
2,2552,1312, 429
2,5592,268
3 038
2,7142,600
3,2323,133
3,0822 775
19651
2,746
2,995
2,2772,5472,312
3,0502,8233,401
3,108
3,2783,2372,747
3,3923,001
3 708
2,985
3,0102,8292.846
3,2802,724
2,624
2,6662,6762,663
2,2792,2132,629
2,639
2,089
2,4192,0272,045
2,0132,0411,846
2,1592,4231,910
1,6082,0671,845
2,324
2,2892,338
2,1932,370
2,536
2,4382,3952,558
2,7102,355
3,174
2,9062,761
3,3113,258
3,1872,879
1966 i 2
2,94C
3,223
2,4352,7612,59C
3 2712,98f3,67£
3,31(
3,48(3,4142,951
3,56;:3 22(
3 96£
3,19*
3,2K3,02"3,061
3,51]2,93,
2,82(
2,8712,93]2,84,
2,40(2,35,2,81<
2,81^
2,25(
2,58]2,19,2,20,
2,19<2,23,2,02"
2,3112,57(2,03(
1,75]2,25"2,01,
2,492
2,45(2, 51]
2,31(2,52£
2,67*
2,61,2,442,68(
2,87^2, 50(
3,38J
3, 28(2,93£
3,33(3,441
3,2723,142
1. Total includes Alaska and Hawaii 1960-65 but not in earlier years. 2. Preliminary.
Source: U.S. Department of Commerce, Office of Business Economics.
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16 SURVEY OF CURRENT BUSINESS April 1967
Table 5.—Changes in the Geographic Distribution of Total and per Capita PersonalIncome, by States and Regions, Selected Years
State and region
United States
New England
Maine___ _ _New Hampshire _Vermont
M assachusettsRhode IslandConnecticut
Mideast
New YorkNew JerseyPennsylvania
DelawareMarylandDistrict of Columbia
Great Lakes. . . _
MichiganOhio .._Indiana
Illinois .._Wisconsin
Plains
MinnesotaIowa -_Missouri _
North DakotaSouth DakotaNebraska
Kansas
Southeast . - ---
VirginiaWest VirginiaKentucky
TennesseeNorth CarolinaSouth Carolina
Georgia.. .FloridaAlabama
MississippiLouisianaArkansas
Southwest
OklahomaTexas
New MexicoArizona
Rocky Mountain
MontanaIdahoWyoming.
Colorado ._Utah _.
Far West -
WashingtonOregon
NevadaCalifornia
AlaskaHawaii
Total personal income
Percent distribution
1948
100.00
6.60
.52
.32
.19
3.36.56
1.65
26.02
12.473.867.05
.261.59.79
22.88
4.645.872.69
7.432.25
9.42
1.971.942.56
.39
.44
.91
1.21
15.19
1.731.021.33
1.451.79.85
1.511.461.23
.781.28.76
6.25
1.144.38
.31
.42
2.24
.42
.35
.21
.87
.39
11.40
1.731.09
.148.44
.35
1957
100.00
6.46
.45
.32
.18
3.18.49
1.84
25.32
11.714.176.72
.321.81.59
22.56
4.846.012.64
6.902.17
8.00
1.761.462.31
.26
.31
.75
1.15
15.52
1.82.85
1.23
1.401.72.81
1.592.221.22
.621.44.60
6.80
1.074.74
.41
.58
2.28
.37
.32
.19
.97
.43
13.06
1.70.98
.1910.19
.15
.32
1961
100.00
6.42
.44
.33
.18
3.20.47
1.80
24.71
11.574.186.20
.311.88.57
21.22
4.375.542.53
6.642.14
7.95
1.831.392.27
.23
.30
.74
1.19
15.92
1.88.72
1.24
1.421.84.84
1.632.471.21
.681.34.65
6.97
1.104.72
.45
.70
2.34
.33
.32
.19
1.04.46
13.93
1.71.98
.2211.02
.15
.39
1966
100.00
6.28
.42
.33
.18
3.06.46
1.83
23.95
11.034.095.93
.322.02.56
21.37
4.685.422.61
6.542.12
7.77
1.781.402.23
.27
.28
.71
1.10
16.75
2.02.68
1.22
1.481.94.91
1.792.661.25
.711.41.68
6.86
1.054.69
.41
.71
2.19
.32
.29
.15
.99
.44
14.29
1.701.00
.2611.33
.15
.39
Per capita personal income
Percent of the United States
1929
100
125
859889
130124146
138
165132110
145111181
114
11311187
13697
81
858289
535984
76
52
626656
544838
507446
415943
67
6568
5884
85
857296
9180
129
10797
125142
1948
100
104
869079
105104120
115
126118100
120103137
112
109109101
12799
101
10011197
98105106
93
69
797869
666862
688361
557261
83
8084
7689
99
11392
112
10087
120
112113
127123
98
1957
100
110
829480
11098
133
116
122124104
129107132
110
10910999
12297
91
929194
727892
92
72
817972
696760
728667
517959
87
8089
8388
94
9584
100
9988
117
10698
127122
11495
1966
100
110
839488
111101125
113
118116100
121110135
109
109103104
119100
96
9810097
828096
96
77
887575
757669
798869
607769
85
8485
7986
91
898391
9885
115
112100
113117
111107
Source: U.S. Department of Commerce, Office of Business Economics.
by less-than-average proportions, andin Montana, Idaho, and Wyoming, therise was about half the national rate.
The private nonfarm sector of theRocky Mountain area also experiencedthe smallest relative gain of any region,with construction activity showingalmost no change from 1965. Miningand manufacturing gave support to theeconomy of the region, but despite thecomparative buoyancy of these basicindustries, the secondary industries ofthe region rose little.
Far West
The income advance in the Far Westreflected larger-than-average increasesin Washington and California andbelow-average gains in Oregon andNevada.
Washington led all States in the rateof income expansion from 1965 to 1966,mainly because of a dramatic expansionin the State's aerospace industry, whichadded more than 30,000 new workerslast year. Smaller but significant gainsmarked the metals and machinerymanufacturing industries, which alsoexpanded as a result of rising defenserequirements. As a result of thisemployment advance, there was anupsurge of more than one-fifth inearnings of factory workers. The non-manufacturing economy of Washingtonresponded to this increase with above-average gains in all supporting indus-tries. Especially noteworthy was therise of one-fourth in earnings of con-struction workers as the demand forboth residential and nonresidential con-struction grew.
The resurgence of the aerospaceindustry was the key to the 12 percentadvance in manufacturing in California.Also bolstering that State's income flowlast year were large increases in Federalmilitary and civilian payrolls.
In contrast, earnings of constructionemployees in California showed littlechange from 1965, as a decline inresidential building, particularly inSouthern California, offset increasesin nonresidential construction. Mostother major California industries moved
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April 1967 SUEVEY OF CURRENT BUSINESS 17
ahead in 1966 at a pace close to thenational average.
Below-average increases character-ized most income components in bothOregon and Nevada. In the latterState, the relative lag was substantial
except in the service industry, whichaccounts for one-third of all Nevadaincome; a rise of about one-tenth inservices from 1965 to 1966 provided asignificant boost to the total incomeflow.
Trends in the Regional Distribution of Income
LONG-TEEM trends in the geographicdistribution of income have generallybeen measured by comparing changes inthe income distribution in years ofhigh cyclical activity. The last suchcomparison focused on the years 1957and 1962, the first year since 1957 thathad no major economic distortion.With the business expansion some 6years old, 1966 provides a much betterendpoint for trend measurement.
Table 5 shows the relative distribu-tion of total personal income and therelative level of per capita income byStates and regions in selected years.The following summary of trend de-velopments in the recent period up-dates the trend analyses that appearedin two special supplements to theSURVEY: Personal Income by StatesSince 1929, which covered the periodfrom 1929 through the early 1950's, andU.S. Income and Output, which coveredthe 1947-57 period.
The first of these studies establishedquite clearly that the regional incometrends operating between 1929 and theearly postwar years involved a shift ofincome away from the four northernand eastern regions toward the foursouthern and western regions. Thesecond study examined the period 1947to 1957 and found the same trends,although there were indications that therelative decline in New England mighthave terminated and that the relativeuptrend in the Southeast softened con-siderably. Moreover, a subsequentanalysis of the years 1957-62 seemed tocorroborate the termination of NewEngland's relative decline; the evidenceregarding the Southeast was less clearbut indicated that the slower growthfrom 1947 to 1957 was apparently dueto temporary factors.1
1 Edwin J. Coleman, "Regional Income Developments in1962," April 1963 SURVEY, pp. 6-13.
A comparison of the 1957 and 1966distributions of total income in table 5shows one of these indications to havebeen false and one true. Over thepast decade, New England's incomeshare has resumed its long-term de-clines. The relative decrease has beenat the same rate as the decline in theshares of the Mideast and Great Lakesregions—about 5 percent each. Con-versely, income in the Southeast, afterlittle more than matching the nationalgrowth rate in the decade ending in1957, has now resumed its rapid rateof growth.
However, the 1957-66 comparisonspoint out the possibility of two newmodifications of trend. The sharpincome uptrend that characterized in-come growth in the Southwest over thethree decades prior to 1957 has taperedoff, so that the regional rate now approxi-mates the national. The Rocky Moun-tain States, which had a strong uptrendin the early period and a minor advanceduring the postwar decade, has experi-enced a decline in its income sharesince 1957.
The tapering of the trend in theSouthwest appears to reflect develop-ments throughout most sectors of theregion's economy. The decline in theRocky Mountain States may well bethe result of the varying fortunes ofagriculture, which is a major incomesource in that region.
These apparent modifications intrend must be viewed with caution.In the past, an apparent change intrend has at times been only a reflec-tion of some new and temporary devel-opment, the effects of which soon dis-appeared. Although there have beennumerous temporary deviations fromtrend, it would be premature to con-clude at this time that any of the basicregional income trends have substan-
tially altered over the past threeand one-half decades.
Also, it should be noted that 1966was affected by special factors. Theexpansion in the Armed Forces, theincrease in defense production, and thetight monetary situation each had adifferential regional impact that mayhave caused a distortion in long-termtrend. Counterbalancing these con-siderations is the fact that the use of1965 instead of 1966 as an endpointfor trend measurement does not sig-nificantly change the picture presentedabove.
Per capita income changes
Trends in per capita income are lessclear than those in total income, al-though the general tendency for averageincome in the various regions to con-verge toward the national average isclearly evident. In the Mideast, GreatLakes, and Far West—regions whereaverage incomes are 10 to 15 percentabove the national figure—per capitaincomes have risen at a less-than-average rate, thereby bringing theregional figures closer to the national.In New England, the only other high-income area, per capita incomes haveheld comparatively steady over thepast decade at 10 percent above thenational average.
Of the four regions with incomebelow the national average, two haveimproved their position significantly,and two have lost ground. Per capitaincomes in the Southeast and PlainsStates have risen relative to the Nationsince 1957. On the other hand, aver-age incomes in the Southwest andRocky Mountain regions have fallenrelative to the Nation. As in thecase of changes in total income, therelative decline of per capita income inthe Rocky Mountain States appearsto be the result of the failure of farmincome to keep pace with the rest ofthe economy. In the Southwest, therelative decline appears to be morebroadly based.
A more definitive picture of trendsin per capita income can be made whenmore comprehensive data, particularlythose pertaining to migration, havebeen analyzed. Statistics of this kindare just now becoming available.
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by JACK J. GOTTSEGEN
Revised Estimates oi GNP by Major Industries
LEVISED annual statistics pertain-ing to gross national product by in-dustry of origin, 1947-63, and estimatesfor 1964-65, which are given here forthe first time, appear in tables 1 through4 of this article. Table 1 containsestimates of industry gross product incurrent dollars, and table 2, in constant(1958) dollars. Table 3 shows indexesof constant dollar gross product (1958=100), and table 4, implicit price de-flators. Preliminary 1966 estimates ofgross product in constant dollars areshown in table A below. Tables 1-4include more industry detail for thetransportation, communication, and tradeindustries than the previously publishedseries.1
The revised industry data reflectthe statistical and definitional revisionsincorporated into the national accountsin mid-1965,2 changes in industry defi-nitions, information from more recentsources (including the 1958 Inter-industry Relations Study),3 and im-provements in estimating methods.The following discussion defines in-dustry gross product, compares thenew measures of production and priceswith the ones previously published, anddescribes the principal factors thatcontributed to revisions in the in-dustry totals.
Industry gross product defined andmeasured
Gross product originating in an in-dustry is a measure of an industry's
NOTE: Richard C. Ziemer and George R. Kruer had amajor part in developing the basic estimates. Statisticalassistance was provided primarily by Vesta C. Jones.
1. SURVEY OF CURRENT BUSINESS, October 1962, p. 6 ff.;September 1963, p. 9 ff.; and September 1964, p. 19 ff.
2. SURVEY, August 1965, p. 6 ff.3. SURVEY, November 1964, p. 10 ff.; September 1965, p.
33 ff.
18
contribution to the Nation's totaloutput of goods and services, as de-fined in the national income and productaccounts. An industry's gross productor value added may be measured as theamount by which the total value of itsoutput exceeds the cost of purchasedintermediate products (materials andbusiness services) used in production.The gross product is also equal to thesum of the industry's factor payments(employee compensation, profits, netinterest, etc.) and of its nonfactor costsof production (indirect business taxes,depreciation, etc.). Measured by eithermethod, the sum of the gross productsof all industries is equal to the Nation'soutput as measured by total GNP.
For the accompanying tables, thecurrent dollar measures of an indus-try's gross product are derived as thesum of its factor payments and itsnonfactor costs (table 1). The grossproduct of an industry derived in thisway is not directly convertible intoconstant dollars (real product) becausethe factor and nonfactor costs—em-ployee compensation, profits, deprecia-tion, etc.—cannot be expressed in
Table A.—Gross Product in ConstantDollars by Industry: 1965-66
[Billions of 1958 dollars]
Industry
All industries total (GNP)
Agriculture, forestry, and fisheriesMiningContract constructionManufacturing _
TransportationCommunication _ _ _Electric, gas, and sanitary servicesWholesale and retail trade
Finance, insurance, and real estateServicesGovernment and government enter-
prises.Rest of the world ___Residual .
1965
614.4
25.114.823.2
188.7
27.814.316.1
105.5
82.457.1
58.14.1
-2.8
1966
648
241523
203
301617
8760
624
quantities and unit prices suitable forthis purpose. However, as was indi-cated in the October 1962 SURVEY,gross product can be adjusted indirectlyfor price changes by deflating outputand purchases separately, since boththe output and the purchases consistof goods and services that can beanalyzed into quantity and price.The difference between the two de-flated figures is gross product in constantdollars. This procedure, known as the"double deflation" method, underliesabout half of the estimates shown here,but when data on output and purchaseswere not available, estimates of realproduct were based on measures of thequantity of total output.4
For statistical reasons, the sum ofthe deflated industry gross productsmay differ slightly from the regularlypublished estimates of constant dollarGNP for the Nation. The amount ofthis difference, shown as the "residual"in table 2, arises from two sources: (1)the sum of factor and nonfactor chargesin current dollars differs from the cur-rent dollar GNP measured as the valueof sales to final markets and inventorychange by an amount that is called the"statistical discrepancy," and (2) theprice series and their weights used todeflate gross product by industry differfrom those used to deflate final prod-ucts. No attempt has been made toallocate these two sources of discrep-ancy to specific industries.
Effect of revisions
As the article in the August 1965SURVEY indicated, the revised GNP forthe total economy, measured in con-
NOTE.—The 1966 industry estimates are based uponincomplete statistical information and summary estimatingtechniques.
4. A discussion of the methods employed appears in GNPby Major Industry, Concepts and Methods, which is availableupon request to the Office of Business Economics.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
April 1967
stant (1958) dollars, grew at a rate of3.7 percent a year from 1947 to 1963,as compared with 3.5 percent for thesuperseded series. (The last year forwhich data for the old industry serieswere calculated was 1963.) The up-ward revisions for contract construc-tion, manufacturing, communications,and trade are larger than the 0.2-pointspread in total GNP. However, thereal product series for transportation,services, and the electric, gas, and sani-tary service industries were reviseddownward. The growth rates for agri-culture, mining, and government wereraised only fractionally by the revisions,while the trend difference between thenew and the old series for the finance,insurance, and real estate industryapproximated that for the economy asa whole. The growth rates for both
Table B.—Average Annual Percentage Rateof Change in Gross Product in Constant(1958) and Current Dollars, and ImplicitDeflators by Industry: 1947-63
Industry
All industries, total (QNP) :New series . .Old series
Agriculture, forestry and fish-eries:
New seriesOld series
Mining:New seriesOld series
Contract construction:New seriesOld series _.
Manufacturing:New series.. .Old series
Transportation:New seriesOld series
Communication :New seriesOld series
Electric, gas, and sanitaryservices:
New series ..Old series
Wholesale and retail trade:New seriesOld series
Finance, insurance and realestate:
New seriesOld series
Services:New series. .Old series
Government and governmententerprises:
New seriesOld series
Constant(1958)dollars
3.73.5
1.91.8
2.01.9
3.42.8
3.63.2
1.12.0
7.26.6
7.89.0
3.63.0
4.74.5
3.43.6
3.23.2
Currentdollars
6.05.9
.6
.6
4.24.0
7.17.1
5.95.6
3.93.7
9.38.7
9.08.7
5.25.1
8.37.7
7.17.3
8.07.9
Implicitdeflators
2.32. 2
-1.2-1.2
2.22.1
3.64.1
2.22.3
2.81.7
2.02.0
1.1-.3
1.52.0
3.43.0
3.53.6
4.64.5
SUEVEY OF CURRENT BUSINESS
the revised and the earlier series forelectric, gas, and sanitary services,communication, and finance, insurance,and real estate are higher than theaverage, while the rates for mining,agriculture, and transportation arebelow the average. Both the new andthe old series show that service-typeindustries generally increased fasterthan the industries producing and dis-tributing goods.
Revisions in real gross product for anindustry resulted from changes in thecurrent dollar measures of gross productand/or in the deflators. Table B givessome notion of how the estimates ofreal product were affected, on the onehand, by revisions in current dollarsand, on the other, by revisions in theimplicit deflators.5 It shows, by indus-try, the 1947-63 average annual ratesof change in real output, in currentdollar output, and in the implicit de-flators for the new and the old series.For this period, revisions in deflatorswere more significant than revisionsin current dollars for contract con-struction, transportation, trade, andelectric, gas, and sanitary services.In contrast, revisions in real productfor manufacturing and communicationswere due primarily to revisions in thecurrent dollar series.
Revisions in current dollars
The August 1965 SURVEY describedthe nature and extent of the revisionsof the estimates of postwar GNP.For most industries except servicesand real estate, the definitional changesin the accounts had no .effect on thecurrent dollar totals or resulted in onlyminor changes in them. The totals forservices were reduced because interestpaid by consumers is no longer regardedas production; formerly, such paymentswere considered to be production by thehousehold industry, a component ofservices. The totals for the real estateindustry were raised because the cur-rent concepts provide for the capitaliza-tion of real estate commissions. This
NOTE.—Figures show the average annual compounded rateof change between the initial and terminal years of eachperiod.
5. The article "GNP by Major Industries" in the October1962 SURVEY discusses implicit deflators for industry grossproduct in detail and describes special qualifications appli-cable to deflators for the construction, services, and govern-ment industries.
Indexes of Real Outputby Industry, 1947-65
19
CHART 5
1958 = 100 (Ratio Scale)
Electric, Gas, & Sanitary Services
100
100
Finance, Insurance & Real Estate100
100
-74
Wholesale & Retail Trade
153
141
_70
TOTAL GNP100 -
Services100
Contract Construction100 •
100
100
100
114
Transportation
I I I I I I I I i I I I I I 1 I i I I1947 49 51 53 55 57 59 61 63 65
U.S. Department of Commerce, Office of Business Economics 6;
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
20
Implicit Price Deflatorsby Industry, 1947-65
CHART 6
1958 =100 (Ratio Scale)
Gov't & Gov't Enterprises100
100
— 67
Finance, Insurance & Real Estate
100
100
— 64
Transportation
-65
TOTAL GNP100 —
100
75
Manufacturing .104
100
73
Mining
_67
Communication100 —
-76
Wholesale & Retail Trade100 -
100 -
100
_ Agri., Forestry & Fisheries
*>*116
102
I I 1 I I I I I I I i I I i \ I I I I I1947 49 51 53 55 57 59 61 63 65
U.S. Department of Commerce, Office of Business Economics 67-4
STJKVEY OF CUEKENT BUSINESS
resulted in higher profit-type incomefor this industry.
The statistical revisions in profit-type income and capital consumptionallowances in the national accountsstemmed largely from revisions in theestimates of rent on nonfarm structures.The totals for the real estate industrywere correspondingly increased.
In addition, current dollar estimatesof gross product by industry wereaffected by a number of other factors,the most important of which are notedbelow.
New industry classifications. Theformer industry series represented clas-sifications based on the 1945 edition ofthe Standard Industrial ClassificationManual (SIC) for manufacturing andon the 1942 edition for nonmanufactur-ing industries. The industry classifi-cation for the new series follows the1957 edition of the SIC manual. Themain effect of these changes on thegross product was to shift gross productfrom wholesale and retail trade tomanufacturing and services.
Company-establishment adjustment.New methods and data sources wereadopted to adjust the industry classi-fication of profits and capital consump-tion allowances from a company to anestablishment basis. For all industriesexcept petroleum refining and crudepetroleum and natural gas, the basicdata source used was the Census publi-cation Enterprise Statistics: 1958, Part3, Link oj Census Establishment andIRS Corporation Data. For petroleumrefining and the crude petroleum andnatural gas industries, it was necessaryto develop special procedures, whichdiffer substantially from those used forthe old series. As a result, the mostimportant revisions that are due to thecompany-establishment adjustment oc-cur in mining; revisions are relativelysmaller for manufacturing and havelittle or no effect on the totals for otherindustries.
Statistical discrepancy. In the for-mer current dollar industry series, thetotal gross product for each industry—except general government, rest of theworld, households and institutions, andfarms—was adjusted to include a pro-
April 1967
Table C.—Average Annual PercentageChange in Manufacturing Output OBEand FRB, Selected Periods
Years
1947-1965
1947-1953._ _ _
1953-1957
1957-1960
1960-1965
Gross productoriginating
Originalseries
5.2
1.1
1.1
Revisedseries
4.1
5.8
1.1
1.5
6.0
FRBseries
4.4
5.7
2.1
2.6
5.9
NOTE.—Figures show the average annual compounded rateof change between the initial and terminal years of eachperiod.
portionate amount of the statisticaldiscrepancy.6 In the revised currentdollar series, the statistical discrepancyappears as a separate line item in table1 (as in the traditional income andproduct accounts) and is not proratedamong the industries.
Revisions in implicit deflators
A considerable amount of morerecent and/or more comprehensive datahas become available since the originalindustry series were prepared. Forexample, information from the 1958input-output study has been used inconjunction with the data derived fromthe 1947 interindustry study for select-ing and weighting price relatives todeflate goods and services purchasedby manufacturing industries. The Bu-reau of Labor Statistics has preparedspecial retabulations of the wholesaleprice indexes for the period since 1958consistent with the indexes providedfor earlier years. These data permitteda more precise deflation of manu-facturers' output and purchases for thisperiod than was previously possible.In addition, information from the 1958and the 1963 Censuses of Business wasused to develop more representativecomposite price indexes for deflatingsales by wholesalers and retailers.The use of these and other sources hasparticularly affected the deflators formanufacturing, contract construction,and trade.
6. This adjustment in the industry total was not distrib-uted among the gross product components.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
April 1967 SURVEY OF CURRENT BUSINESS 21
Table 1.—Gross Product in Current Dollars by Industry: 1947-65(Billions of dollars)
Industry
All industries, total (GNP)
Employee compensationNet interestCapital consumption allowancesIndirect business taxes. _ _Profit-type incomeStatistical discrepancy
Agriculture, forestry, and fisheries
Employee compensationNet interestCapital consumption allowancesIndirect business taxesProfit-type income
Farms
Employee compensationNet interestCapital consumption allowancesIndirect business taxesProfit-type income
Mining
E mploy ee compensation
Capital consumption allowancesIndirect business taxesProfit-type income-
Contract construction ...
Employee compensation . _ - _ _ _ _Net interest _Capital consumption allowancesIndirect business taxesProfit-type income.
Manufacturing _ _ _
Employee compensation _ __Net interestCapital consumption allowancesIndirect business taxesProfit-type income
Nondurable goods
Employee compensationNet interestCapital consumption allowances .. _Indirect business taxesProfit-type income
Durable goods _
Employee compensation . _ _Net interestCapital consumption allowancesIndirect business taxesProfit-type income
Transportation. _
Employee compensationNet interest _Capital consumption allowancesIndirect business taxesProfit-type income
Railroads _ _ _ _ _ _
Employee compensationNet interest _Capital consumption allowancesIndirect business taxesProfit-type income
Motor freight & warehousing
Employee compensation _ __Net interestCapital consumption allowancesIndirect business taxesProfit-type income
Communication __
Employee compensationNet interestCapital consumption allowancesIndirect business taxesProfit-type income
Telephone, telegraph & related services-
Employee compensationNet interestCapital consumption allowancesIndirect business taxesProfit-tvoe income
1947
231.3
128.91.9
12.219.068.3
9
20.8
3.03
1.57
15.3
20.2
2.83
1.46
15.1
6.8
3.1(*)
.83
2.6
8.8
6.1(*) 3
I2.3
66.9
45.3(*)2.46.1
13.1
33.3
20.0/*\1.24.87.3
33.6
25.2
1.35.8
13.6
9.7.3.9
1.21 5
7.3
5.4.3375
2.4
1.5(*)
.2
5
3.1
2.0I
.3
.69
2.9
1.8.1.3.6.1
1948
257.6
141.11.8
14.520.881.3
—2 0
24.0
3.33
1.97
17.8
23.3
3.03
1.97
17.4
9.3
3.6(*),1.1
44.3
11.2
7.4(*)
23.2
74.7
49.4(*)2.96.2
16.2
36.6
21.8(*")1.44.78.7
38.1
27.5(*)1.51.57.6
15.1
10.4.3
1.11.32 1
8.3
5.8.348
1.0
2.8
1.7(*)
.32Q
3.8
2.3
.3
.7
.3
3.5
2.1.1.3.7.3
1949
256.5
141.01.9
16.622.074.6
.3
19.5
3.14
2.38
13.0
18.8
2.84
2.28
12.6
8.1
3.2(*)1.1
43.3
11.2
7.3(*)
52
3.2
72.0
47.0(*)3.26.4
15.4
34.9
21.5
1.64.87.0
37.1
25.5-.11 61.68.4
14.5
9.9.3
1.21.31 8
7.5
5.4.3487
2.9
1.7(*)
.3
Q
4.1
2.4I
.3
.8
.4
3.8
2.2.1.3.8.4
1950
284.8
154.62.0
18.324.184.31.5
20.8
3.14
2.68
13.8
20.0
2.84
2.58
13.4
9.2
3.5(*)1.3
53.9
12.7
8.4(*)
52
3.5
83.8
53.5-.13.57.1
19.8
38.0
23.5/*\1.75.27.7
45.7
30.01
1 81 9
12.1
16.0
10.5.3
1.21.49 5
8.3
5.6.348
1 2
3.5
2.1(*)
37
4.5
2.5
.4
.9
.6
4.2
2.3.1.4.9.6
1951
328.4
180.72.3
21.226.194.83.3
23.8
3.25
3.09
16.1
22. 9
2.85
3.09
15.7
10.2
4.0(*)1.5
54.2
15.0
10.4(*)
63
3.7
98.6
63.6__ i107.5
23.6
43.3
26.0/*\1.95.4
10.0
55.3
37.6
2.113.6
18.0
12.0.3
1.51.62.6
9.2
6.4.368
1.1
3.8
2.4(*)
37
5.1
2.8
.41.0.8
4.7
2.5.1.4.9.7
1952
345.5
195.32.6
23.228.693.62.2
23.1
3. 2Q
3.29
15.2
22. 2
2.76
3.19
14.8
10.1
4.1
' g3.8
16.2
11.3(*)
33.9
102.9
68.7(*)4.78.6
20.8
44.1
27.3(*}2.16.18.5
58.8
41.5(*)2.62.4
12.3
18.8
12.6.3
1.71.72.5
9.5
6.5.3
79
1.2
4.3
2.6(*)
.447
5.6
3.11
.51.0.9
5.2
2.8.1.4
1.0.8
1953
364.6
209.12.8
25.730.893.23.0
21.3
3.1Q
3.31 0
13.3
20.3
2.66
3.39
12.9
10.6
4.2(*)1.8
4.0
16.6
11.8(*)
33.7
112.0
76.2(*)5.69.2
21.0
46.2
29.2
2.36.38.5
65.8
47.1(*)3.23.0
12.5
19.4
13.1.3
1.91.92.2
9.4
6.5.389
1.0
4.8
3.0(*)
.558
6.3
3.4
.51.11.1
5.8
3.0.1.5
1.21.0
1954
364.8
208.03.6
28.230.591.82.7
20.7
2.9
3.51 0
12.7
19.6
2.46
3.49
12.3
10.8
3.8(*)1.9
64.5
16.7
12.1(*)
84
3.5
106.2
72.7.1
6.48.7
18.4
45.5
29.3
2.76.17.4
60.7
43.5(*)3.72.6
11.0
18.2
12.5.3
2.01.81.5
8.2
5.9.398
.4
4.9
3.1(*)
.558
6.5
3. 6I
.61.01.2
5.9
3.1.1.5
1.01.1
1955
398.0
224.54.1
31.533.3
102.52.1
19.8
2.9Q
3.61 0
11.7
18.8
2.46
3.51 0
11.3
12.3
4.1(*)2.4
5.1
18.0
13.0(*)1 0
43.6
120.8
79.9(*)7.29.7
24.1
50.3
31.3
3.16.49.5
70.5
48.6-.14.13.3
14.6
19.9
13.3.4
2.31.92.1
8.9
6.1.3
1 08
5.5
3.5(*)
.6
8
7.1
3.81
.61.01.5
6.4
3.4.1.6.9
1.4
1956
419.2
243.14.6
34.136.3
102.4-1.1
19.7
2.97
3.61 0
11.4
18.6
2 47
3.51 0
11.0
13.4
4.7(*)2.5
75.5
20.0
14.5.1
1 i4
4.0
126.8
86.3(*)7.7
10.122.5
53.2
33.4
3.37.09.4
73. 6
53.0(*)4.43.1
13.1
21.2
14.4.3
2.42.02.0
9.4
6.6.3
1 09
.7
6.0
3.8(*)
' Q
8
7.7
4.22
.71.11.6
6.9
3.7.1.6
1.11.4
1957
441.1
256.05.6
37.138.8
103.6(*)
19.6
3.08
3.81 1
10.9
18.4
2.57
3.71.1
10.4
13.5
4.8
2.67
5.3
20.9
14.9.1
1.15
4.3
131.4
90.1.1
8.610.721.9
53.8
34.6I
3.77.38.1
77.6
55.4(*)4.93.4
13.8
21.9
15.1.4
2.62.11.8
9.3
6.6.3
1 09
.6
6.4
4.0.1.878
8.3
4.52
.71.21.8
7.5
3.9.2.7
1.11.6
1958
447.3
257.86.8
38.940.0
102.21.6
22.0
3.18
4.01 1
12.9
20.8
2.68
3.81.1
12.5
12.4
4.3
2.77
4.6
20.7
14.9.1
1.25
4.0
123.7
86.2.3
9.110.617.5
54.0
34.7I
4.17.57.6
69.6
51.6.1
5.03.19.8
21.0
14.5.4
2.71.91.5
8.4
6.1.3
1.07
.3
6.4
4.1.1.868
8.9
4.59
.81.22.1
8.0
3.92
'.71.22.0
1959
483.7
279.17.1
41.443.2
113.7-.8
20.8
3.21 04.11 2
11.3
19.6
2.71 04.01.2
10.8
12.2
4.4
2.88
4.2
22.3
16.2.1
1.35
4.2
141.1
95.8.1
9.411.524.3
59.9
37.6I
4.37.9
10.1
81.2
58.2(*)5.13.6
14.2
22.1
15.5.4
2.71.71.8
8.4
6.2.3.96
.4
7.2
4.7.1.9
Q
9
9.7
4.73
.91.32.6
8.8
4.1.3.8
1.32.3
1960
503.7
294.28.4
43.447.1
111.7-1.0
21.7
3.31 14.21.3
11.8
20.5
2.81.14.01.2
11.4
12.7
4.4.1
3.08
4.5
22.7
16.8.1
1.36
3.9
144.4
99.4.1
9.812.422.6
61.9
38.9(*)4.38.6
10.0
82.5
60.5.1
5.53.8
12.6
22.5
16.0.5
9 8
L81.5
8.1
6.1.3.96
.3
7.4
5.0.1.968
10.4
4.93
1.01.42.7
9.3
4.3.3.9
1.42.5
1961
520.1
302.610.045.249.7
113.3-.8
22.1
3.41 24.11.4
12.0
20.9
'2.81.24.01.3
11.6
12.9
4.3(*)3.0
94.7
23.4
17.2.1
1.3.6
4.2
144.2
99.7.2
10.412.521.3
63.0
39.91
4.78.89.5
81.2
59.8.1
5.83.7
11.8
22.7
15.9.5
2.81.91.6
7.9
5.8.3.86
.4
7.6
5.0.1.969
11.0
5.1.3
1.11.52.9
10.0
4.5.3
1.01.52.7
1962
560.3
323.611.650.053.6
121.1.5
22.6
3.51 34.31.4
12.1
21.2
2.81.34.11.4
11.6
13.0
4.4(*)3.2
94.5
24.9
18.3.1
1.4.7
4.4
158.8
108.2.3
12.213.524.6
66.9
42.12
5.59.29.9
91.9
66.0.1
6.74.3
14.7
24.0
16.6.5
3.32.01.7
8.1
5.9.3
1.1.6.3
8.3
5.4.1
1.0.7
1.1
11.9
5.4.4
1.31.63.3
10.8
4.7.4
1.21.63.0
1963
590.5
341.013.852.657.0
126.3-.3
23.0
3.51.44.41.5
12.1
21.5
2.91.44.21.5
11.6
13.1
4.4.1
3.0.9
4.7
26.4
19.5. 2
1.5
4.6
167.0
112.9.3
12.814.326.8
69.6
43.59
5.89.6
10.5
97.4
69.4.1
7.04.7
16.3
25.1
17.1.6
3.41.92.1
8.3
5.9.3
1.1.6.5
8.7
5.8.1
1.1.7
1.1
12.9
5.6.4
1.61.73.6
11.6
4.8.4
1.51.73.2
1964
631.7
365.715.556.061.0
134.9-1.4
22.0
3.41.64.71.6
10.7
20.4
2.81.54.51.5
10.1
13.3
4.6.1
3.01.04.6
28.7
21. 2~ .'l1.5.8
5.1
179.8
120.5.3
13.715.130.1
74.4
46.0.3
6.210.111.8
105.4
74.5.1
7.55.0
18.4
26.8
18.0.7
3.62.12.4
8.6
6.0.3
1.2.6.5
9.3
6.2.1
1.1.8
1.1
13.8
6.1.4
1.81.93.7
12.6
5.3.4
1.61.83.4
1965
681.2
392. 917.859.665.2
147.3-1.6
25.4
3.51.74.91.7
13.6
23.8
2.81.74.71.6
13.0
11. 0
4.8.1
3.11.05.0
30.7
23.0.1
1.5.8
5.3
196.7
130.1
is! o15.835.2
79.7
48.7.4
6.711.012. 8
117.0
81.3
4'. 822. 4
28.5
19.1
;i 7
2.9
9.0
(i. 2
l'.2
.6
10.1
(>. 7. 1
1. 1. H
1.3
14.7
(i. 5.4
1.91.93.9
13.4
5.6.4
1.81.93.6
See footnote at end of table.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
22 SUKVEY OF CUEEENT BUSINESS April 1967
Table 1.—Gross Product in Current Dollars by Industry: 1947-65—Continued(Billions of dollars)
Industry
Electric gas & sanitary services
Employee compensation _ _Net interest -Capital consumption allowancesIndirect business taxesProfit-type income
Wholesale and retail trade _.
Employee compensation _ _ _ _ _Net interest -- - -Capital consumption allowancesIndirect business taxes - -Profit-type income
Wholesale trade - -
Employee compensationNet interest - -Capital consumption allowancesIndirect business taxesProfit-type income
Retail trade --- _ - -
E mployee compensationNet interestCapital consumption allowancesIndirect business taxesProfit-type income
Finance, insurance, & real estate
Employee compensationNet interestCapital consumption allowances __ _Indirect business taxesProfit-type income
Finance & insurance
Employee compensationNet interest
Indirect business taxesProfit-type income
Services
Employee compensationNet interestCapital consumption allowancesIndirect business taxesProfit-type income _ _ _
Households & institutions, _ .
Employee compensationNet interestCapital consumption allowancesIndirect business taxesProfit-type income
Government & government enterprises
Employee compensation
Capital consumption allowancesIndirect business taxesProfit-type income
General government
Employee compensation. _Net interest
Indirect business taxes
Rest of the world
Employee compensationNet interest ._ _ __
Indirect business taxesProfit-type income
1947
3.8
1.6.2.5.5
1.0
43.4
22.4(*)1.55.2
14.4
15.5
8.1(*)
.42 84.2
27.9
14.3
1.12.4
10.2
22.7
4.78
3.23.4
10.6
5.1
3.6—1.2
.14
2.2
20.4
12.2
1.0.9
6.2
5.1
5.1
19.2
18.7
5
16.7
16.7
.8
(*)
7
1948
4.3
1.8.3.5.6
1.1
48.4
24.7(*)1.85.9
15.9
17.3
9.0(*)
.63 14.6
31.0
15.7
1.22.8
11.3
25.5
5.35
3.53.7
12.4
5.9
4.0-1.7
.24
3.0
22.2
13.1
1.21.06.8
5.6
5.6
20.2
19.8
.4
17.4
17.4
1.0
(*)
g
1949
4.8
2.0.3.6.6
1.4
48.0
25.0(*)2.26.2
14.6
16.6
8.9
<*>«3.33.9
31.3
16.1
1.62.9
10.7
27.7
5.6.5
3.84.2
13.7
6.7
4.3-2.0
.25
3. 6
22.9
13.6I
1.41.16.8
5.9
5.9
22.4
22.0
.3
19.4
19.4
1.0
(*).2
g
1950
5.3
2.1.3.7.7
1.4
51.3
26.7(*)2.46.9
15.1
18.8
9.5(*)
3.84.8
32.5
17.3
1.73.1
10.4
30.7
6.2.6
4.24.5
15.2
7.0
4.8-2.3
26
3.8
24.3
14.4
1.51.17.2
6.4
6.4
23.7
23.6
.1
20.9
20.9
1.2
(*).2
1.0
1951
6.1
2.3.4.8.7
1.8
56.4
29.4.1
2.77.6
16.5
21.3
10.7.1.9
4.15.6
35.1
18.7
1.83.5
11.0
33.8
6.8.6
4.95.0
16.6
7.7
5.3-2.7
36
4.3
26.3
15.71
1.71.17.7
6.9
6.9
30.5
30.4
.1
27.4
27.4
1.3
(*).2
1 2
1952
6.6
2.5.4.9.7
2.0
58.5
31.0.1
3.08.2
16.3
21.5
11.2.1.9
4.45.0
37.0
19.7
2.13.8
11.4
37.0
7.3.7
5.25.4
18.4
8.7
5.8-3.0
37
4.9
28.0
16.81
1.81.18.1
7.2
7.2
35.1
34.7
.5
31.2
31.2
1.3
<*>2
1.1
1953
7.2
2.7.5
1.0.8
2.2
59.7
32.9(*)3.28.8
14.9
21.9
11.9(*)
.94.64.4
37.8
21.0
2.24.1
10.5
40.9
8.0.9
5.75.9
20.3
9.8
6.4-3.2
37
5.5
29.9
18.01
1.91.28.6
7.8
7.8
36.3
35.5
(*)
31.9
31.9
1.3
(*)
1.1
1954
8.0
2.9.6
1.3.8
2.4
60.8
33.8.1
3.38.8
15.0
22.2
12.3.1
1.04.84.0
38.7
21.5
2.34.0
10.9
44.7
8.71.56.46.4
21.7
10.8
7.0-3.2
4g
5.8
31.0
18.82
2.21.18.8
8.1
8.1
36.8
36.1
(*).7
32.5
32.5
1.6
<?>1.4
1955
8.7
3.0.6
1.61.02.5
66.2
36.1.1
3.59.6
16.9
25.1
13.1.1
1.25.35.5
41.1
23.0
2.34.3
11.4
48.1
9.51.87.17.0
22.7
11.3
7.6-3.7
5g
6.1
34.5
20.62
2.31.1
10.3
9.1
9.1
38.6
38.1
(*).5
34.2
34.2
1.8
(*).2
1.6
1956
9.4
3.3.7
1.81.02.6
70.4
39.1.1
3.910.816.5
27.5
14.6.1
1.35.95.5
42.9
24.5
2.64.9
11.0
51.2
10.42.07.67.7
23.4
12.1
8.3-4.2
59
6.5
37.9
22.72
2.71.2
11.0
9.8
9.8
40.7
40.7
(*)(*)
36.6
36.6
2.1
(*).2
1.8
1957
10.0
3.5.8
1.91.12.7
73.8
41.2.1
4.311.616.7
28.8
15.4.1
1.56.25.5
45.0
25.8
2.85.3
11.2
54.9
11.12.68.58.5
24.3
13.0
9.0-4.5
61 06.9
40.8
24.53
3.01.3
11.7
10.5
10.5
43.8
43.4
('\39.1
39.1
2.2
<•?,1.9
1958
10.7
3.7.9
2.11.22.7
75.1
42.0.1
4.311.916.9
29.4
15.8.1
1.46.55.6
45.7
26.1
2.85.4
11.3
59.2
11.93.39.09.4
25.6
14.3
9.8-4.7
61 17.5
42.9
25.83
3.21.3
12.2
11.4
11.4
47.3
46.9
r)»42.1
42.1
2.0
<•?.1.7
1959
11.7
4.01.02.31.33.2
82.0
45.2.1
4.513.219.0
32.4
17.0.1
1.57.36.6
49.5
28.2
3.05.9
12.5
63.5
12.93.49.8
10.227.2
15.6
10.7-5.6
71 28.7
46.7
28.03
3.51.4
13.4
12.2
12.2
50.1
49.3
(\44.3
44.3
2.2
<?,1.8
1960
12.7
4.21.12.41.43.7
84.3
48.1.1
4 614.517.0
33.4
18.1.1
1.67 95.7
50.9
30.0
Vo6.6
11.2
67.5
13.84.2
10.511.327.7
16.8
11.5-6.1
g1 39.3
49.9
30.44
3.g1.6
13.7
13.2
13.2
53.7
52.9
.1
.7
47.5
47.5
2.4
(*).5
1.9
1961
13.4
4.41.22.61.53.8
87.0
49.1.2
4 615.317.8
34.8
18.7.1
1.58.16.3
52.2
30.4.1
3.07.1
11.5
71.5
14.85.2
11.412.427.7
17.7
12.5-6.4
g1 49.4
52.9
32.14
4.01.7
14.6
14.0
14.0
57.0
56.6
.1
.3
50.9
50.9
2.9
(*).6
2.3
1962
14.2
4.51.32.81.63.9
92.7
52.0.3
4 916.519.0
36.9
19.7.2
1.68.86.5
55.8
32.3.1
3.27.7
12.5
76.2
15.66.1
12.313.428.8
18.1
13.1-7.2
g1 59.8
56.9
34.66
4.41.8
15.5
15.0
15.0
61.5
60.7
.1
.7
54.7
54.7
3.3
(*)
2.6
1963
14.9
4.71.32.91 64.3
97.2
55.0.4
5 217.619.0
38.8
20.8.2
1.89.46.8
58.4
34.2.2
3.48.3
12.3
80.9
16.67.7
13.014.529.1
18.8
13.9-7.3
1 01 79.5
60.9
37.17
4.82.0
16.4
16.0
16.0
66.0
64.7
.11.2
58.1
58.1
3.4
(*).8
2.5
1964
15.8
5.01 43.01 74.7
104.8
58.85
5 519.020.9
41.7
22.23
1.910.07.3
63.2
36.6.3
3. 69.1
13.6
86.6
17.78.6
14.115.730.6
19.9
14.9-8.3
1 11 8
10.4
66.2
40.39
5.22.1
17.8
17.3
17.3
71.3
70.0
.11.2
63.0
63.0
4.0
(*>9
3.0
1965
16.6
5.21 53.11 84.9
111.4
63.16
5 720.821.2
44.8
23.8.3
1.911.17.6
66.6
39.3.3
3.79.7
13.5
92.5
18.910.014.916.832.0
21.1
15.8-8.8
1.11.9
11.0
71.0
43.51.05.72.3
18.6
18.3
18.3
77.0
75.2
.11.7
67.8
67.8
4.3
(*)1.0
3.2
*Less than $50 million.NOTE.—Employee compensation consists of wages, salaries, and supplements. Net in-
terest is net interest component of national income. Capital consumption allowances consistof depreciation and accidental damage to fixed business property. Indirect business taxesconsist 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 hithertopublished figures because these two items have been reallocated by industry from a companyto an establishment basis.
Detail may not add to totals because of rounding.
Source: U.S. Department of Commerce, Office of Business Economics.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
April 1967 SURVEY OF CURRENT BUSINESS 23
New procedures were also used todevelop price indexes for the railroadand electric utilities industries. Inthese industries, the price per unitpaid by the user declines as the number
of units purchased increases—e.g., asdistance lengthens, the charge per miledeclines. The previously publishedmeasures of railroad and public utilityreal output gave equal weight to each
ton-mile or kilowatt-hour. The weightsfor the new measures are based uponthe appropriate 1958 rate schedules anddo not reflect changes in average unitvalues arising from changes in quanti-
Table 2.—Gross Product in Constant Dollars by Industry: 1947-65(Billions of 1958 dollars)
Industry
All industries, total (GNP)
Agriculture, forestry, & fisheriesFarms
Mining
Contract construction _ _
Manufacturing -Nondurable goods industries _Durable goods industries
Transportation _RailroadsMotor freight & warehousing
Communication _ _ _Telephone & telegraph ._
Electric, gas, & sanitary services
Wholesale & retail tradeWholesale trade. _Retail trade.. _
Finance, insurance & real estateFinance & insurance
Services.. .Households & institutions _.
Government & government enterprisesGeneral government
Rest of the world _
Residual .
1947
309.9
17.917.0
10.2
12.9
91.839.452.3
21.110.73.1
4.13.8
4.4
52.719.633.1
35.610.2
30.67.5
32.428.6
1.1
-4.6
1948
323.7
20.019.0
10 7
14.1
96.341.355.0
20.710.53.4
4.74.4
5.0
54.220.333.9
36.59 9
31.97.9
33.228.7
1.2
-4.8
1949
324 1
19.418 4
9 6
14.7
90.940.450 5
18.38 73.5
4.94.6
5.5
55.220.235. 1
37.810 2
32.18.2
34.730.1
1.2
1950
355 3
20.419 4
10 7
16.2
105.544.760 8
19.79 54.3
5.24.8
5.9
60 422 038.4
41.010 8
33.18.7
35.931.1
1.3
. i
1951
383 4
19.518 4
11 7
18.2
116 247.269 0
21.710 64.6
5.85.3
6.8
61 423.038.4
42.911 2
34.08.8
43.938.8
1.2
. l
1952
395 1
20.219 0
11 7
18.3
118 747.371 5
21.210 14.7
6.15.6
7.3
62 923.539.4
44.711 5
34.58.8
47.241.8
1.2
1.1
1953
412 8
21.220 0
12 0
18.9
128.649.579 1
21.29 95.2
6 76.1
7 8
64 924 040.9
46.811 9
35.39.1
47.141.7
1.3
1 0
1954
407 0
21.620 4
11 7
19.3
119 548.371 2
21.08 95.2
6 86.2
8 6
65 524 241.2
49.812 9
35.49.2
46.140.9
1.6
2
1955
438 0
22. 120 9
12 8
20.8
133.652.980 7
22.09 95.9
7.56.7
9.1
71 627.244.5
52.713 3
38.210.1
46.040.7
1.8
—.2
1956
446 1
22.020 8
13 6
21.8
134.154.679 4
22.810 06.2
8 07.2
9.7
73 828.545.3
54.813 9
40.210.6
46.241.3
2.0
-2 9
1957
452 5
21.520 3
13 6
21.1
134 654.979 6
22.59 56.4
8.57.7
10 3
75 129 046.1
57.014 1
41.810.9
46.941.9
2. 1
-2.6
1958
447 3
22.020 8
12 4
20.7
123 754.069 6
21.08 46.4
8 98.0
10.7
75 129.445.7
59.214 3
42.911.4
47.342.1
2.0
1.6
1959
475.9
22.321 1
12 8
22.0
138.959.079 9
22.28 97.0
9.58.6
11.6
80 832.248.6
61.414 3
45.111.7
47.942.5
2.2
—.9
1960
487 7
23.121 9
13 1
21.7
140.959.981 0
22.58 77.2
10.09.1
12.4
82.333.149.1
64.114 9
46.712.2
49.243.7
2.3
—.7
1961
497 2
23.422 2
13 3
21.4
140.460.779 7
22.58 77.5
10.69.7
12 9
83 534.648.9
67.115 4
48.312.4
50.644.8
2.9
. 1
1962
529 8
23.322 1
13 6
21.7
154 664.790 0
23.89 28.0
11 510.5
13 6
88 936.852.1
71.216 2
50.812.9
52.646.9
3.4
.9
1963
551 0
24.022 8
13 9
21.9
162 466.895 6
25.29 78 5
12 311.3
14 4
92 838.754.1
74.416 4
52.213.2
53.947.8
3.4
. 1
1964
580 0
23.322 0
14 4
22.7
173 671.3
102 3
26.510 28.7
13.212.2
15.4
98 941.557.3
78.217. 0
54.713.6
56.149.2
3.9
-1.0
1965
614 4
25 123 8
14 8
23 2
188 775 0
113 7
27.810 79.2
14.313.3
16.1
105.544.661.0
82.417.6
57.114.0
58.150.9
4.1
-2.8
Note: Detail may not add to totals because of rounding and the omission of data for industries included in the major industry category.Source: U.S. Department of Commerce, Office of Business Economics.
Table 3.—Indexes of Gross Product in Constant (1958) Dollars by Industry: 1947-65(Index numbers, 1958=100)
Industry
All industries, total (GNP)
Agriculture, forestry, & fisheriesFarms
Mining
Contract construction
Manufacturing. ._ _ _Nondurable goods industriesDurable goods industries.
Transportation ._RailroadsMotor freight & warehousing.
CommunicationTelephone & telegraph
Electric, gas, & sanitary services
Wholesale & retail tradeWholesale trade.. .Retail trade
Finance, insurance & real estateFinance & insurance
ServicesHouseholds & institutions
Government & government enterprisesGeneral government
Rest of the world
1947
69.3
81.381 3
82 4
62.3
74.273 075.2
100 6126 748.7
46 047 0
40 7
70 166 672 4
60 171.6
71 365.2
68.667 8
52 7
1948
72 4
90 691 0
86 9
68 2
77 876 478.9
98 7124 053 1
53 154 7
46 8
72 269 174 2
61 669 2
74 468 9
70.368 1
57 7
1949
72 5
88 188 4
77 5
70 9
73 574 872 5
87 1103 454 0
55 857 6
51 4
73 568 676 7
63 971 6
74 771 3
73.471 4
61 2
1950
79 4
92 492 9
86 4
78 3
85 382 887 3
94 2112 567 6
58 660 2
55 4
80 374 784 0
69 275 5
77 i75 6
75.973 9
63 6
1951
85 7
88 488 2
95 0
88 2
93 987 499 0
103 6125 671 5
65 666 7
63 5
81 778 383 9
72 678 6
79 277 2
92.892 2
• 59 2
1952
88 3
91 591 2
94 3
88 7
96 087 4
102 6
101 0120 273 6
69 170 2
68 0
83 880 086 2
75 581 0
80 476 9
99.999 3
60 0
1953
92 3
96 195 9
97 5
91 4
104 091 5
113 7
101 2117 680 7
75 275 9
72 8
86 481 789 4
79 083 7
82 379 5
99.799 0
63 8
1954
91 0
98 297 9
94 3
93 4
96 689 3
102 2
100 2106 180 8
76 877 o
80 0
87 282 490 2
84 290 3
82 580 3
97.597 o
77 4
1955
97 9
100 4100 4
103 9
100 4
108 097 8
115 9
105 0117 191 9
84 283 9
84 9
95 492 397 3
89 093 4
89 088 3
97.296 7
86 4
1956
99 7
99 999 9
109 7
105 6
108 4101 1114 1
108 7119 197 o
89 990 1
90 9
98 396 999 2
92 697 3
93 692 7
97.798 0
98 4
1957
101 1
97 497 3
109 7
102 2
108 8101 7114 3
107 5112 3100 6
96 696 4
96 0
100 098 6
100 9
96 498 7
97 595 5
99.399 6
103 2
1958
100 0
100 0100 0
100 0
100 0
100 0100 0100 0
100 0100 0100 0
100 0100 0
100 0
100 0100 0100 0
100 0100 0
100 0100 0
100.0100 0
100 0
1959
106 4
101 1101 2
104 0
106 6
112.4109 2114.8
106 1105 2109 9
107 1107 9
108 0
107 6109 6106 3
103 7100 0
105 1102 7
101.3101 0
107 5
1960
109 0
104 9105 0
106 4
105 1
113.9110 9116.3
107 4103 8112 7
113 4114 0
115 4
109 5112 7107 5
108 3104.5
108 7106.3
104.0103 8
114 7
1961
111.2
106.2106 4
107 3
103.5
113.5112 3114.5
107 4102 9116 3
119 8121 2
120 6
111 2117 8107 0
113.4107.9
112 5108.8
107.0106 4
145 2
1962
118.5
105.8105 8
109.9
104.9
125.0119.6129.2
113.5108 6124.4
129 5131.2
127.3
118.4125.2114 0
120.3113.6
118 2112.7
111.3111.3
165 2
1963
123.2
109.2109.3
112.8
105.9
131.3123.7137.3
120.2114.9132.1
139.4141.7
134.5
123.6131.8118.3
125.6115.0
121 7115. 7
114.0113.5
167.2
1964
129.7
105.8105.8
116.4
109.8
140.4132.0146.9
126.2121.6135.0
149.4152.9
143.9
131.6141.2125.4
132.1119.0
127.5119.1
118.9116.8
193.8
1965
137.3
113.8113.9
119.6
112.0
152.6139.0163.2
132.7126.7142.8
161.6166.0
150.4
140.5151.5133.4
139.2123.3
132.9122.0
122.9120.8
204.3
NOTE: Indexes are based on unrounded data and therefore may differ from ones computed from published figures.Source: U.S. Department of Commerce, Office of Business Economics.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
24 SURVEY OF CUEEENT BUSINESS April 1967
ties purchased. Thus, with the length-ening of the average haul or with thepurchase of more kilowatt-hours ofelectricity per household or business,the new series show larger price in-creases and smaller increases in realproduct than the superseded series.
Methods for measuring price changeswere also modified for contract con-struction and for finance and insurance.
Manufacturing output: OBE vs.FRB
Annual estimates of real productoriginating in manufacturing industrieshave been compared with the outputmeasures for these industries currentlypublished by the Federal EeserveBoard. Although the two series differstatistically and conceptually, the broadpattern of manufacturing output re-flected by them has been similar duringthe postwar period. As summarized intable C, both the OBE and the FEEindexes exhibit a sharp rate of increasefrom 1947 to 1953, a slower rate ofgain until 1960, and rapid gains since1960. However, for the period 1953-60, the FEB index for manufacturingincreased more rapidly than the grossproduct index.
The FEB indexes for an industry arebased on measures of total output (be-fore deduction of intermediate pur-chases) ; these are aggregated by usingas weights Census value added for abase period. In calculating OBE'smeasures of real product, intermediatepurchases in constant prices are de-ducted from total output for each yearin constant prices. Trends in totaloutput will not be the same as trendsin real product if the material require-ments per unit of output vary over time.Such variations may occur for any num-ber of reasons, including changes intechnology, in the degree of integrationof production processes, or in the prod-uct mix of the industry's output (e.g.,shifts from products with low valueadded to high value added per unit ofoutput).
There are also other differencesbetween the two measures. The cur-rently published FEB indexes arecombined with weights that embody1957 price relationships for post-1952data and 1947 price relationships forthe years 1947-52, while the OBEindexes use 1958 prices throughout.FEB weights are based on Censusvalue added, while OBE weights aregross product originating. The FEB
uses both physical quantity data anddeflated value of output data for itsannual indexes from 1947 through themid-1950's. Since then, the indexesare based partly on physical quantitydata and partly on man-hours adjustedfor estimated productivity change. TheOBE relies primarily on the deflationof data pertaining to the value ofoutput and purchases.
Differences in weights assigned tothe component industries account foronly a portion of the disparities formost years in the FEB and OBEmeasures of real manufacturing output.The disparities are related primarilyto different movements in total andnet output and to the different sets ofstatistics that the two agencies use.A review of the relationship of thetwo manufacturing series, includingdiscussions at a detailed industry levelwithin manufacturing, will appear in"Comparison of Federal Eeserve andOBE Measures of Eeal ManufacturingOutput, 1947-1964"; this will be pub-lished in a book containing paperspresented at the December 1966 meet-ing of the Conference on Eesearch inIncome and Wealth, sponsored by theNational Bureau of Economic Ee-search.
Table 4.— Implicit Price Deflators of Gross Product by Industry: 1947-65
(Index numbers, 1958=100)
Industry
All industries, total (GNP)
Agriculture, forestry, & fisheriesFarms
Mining
Contract construction
Manufacturing—Nondurable goods industries __Durable goods industries
TransportationRailroads _Motor freight & warehousing _
CommunicationTelephone & telegraph
Electric, gas, & sanitary services
Wholesale & retail trade ___Wholesale trade _ __ _Retail trade
Finance, insurance & real estate __ _ .Finance & insurance
ServicesHouseholds & institutions
Government & government enterprises___General govern merit
Rest of the world
1947
74.6
116. 1119 1
66 6
68.6
72.984.464 2
64.568.778.4
76.276.3
86 7
82.479.384 2
63.850.3
66 868. 1
59.358 5
1948
79 6
120.4122 9
86 3
79 1
77.688.769 3
73.179.383.2
79.979.7
85. 1
89.285.391.5
69.959.9
69 671.0
60.860 8
1949
79.1
100.5101 8
84 6
76 2
79.286.473 4
79 486.284.7
82.782.4
88 0
86.982.589 4
73.265.2
71 572.6
64.464.7
1950
80 2
102 0103 0
86 0
78 2
79 485.075 2
80 887.381.0
87.687.3
89 0
85.085.584 6
74.965.4
73 574.4
66.167. 1
1951
85 6
122 1124 5
86 5
82 1
84.991.780 2
83 086.883.6
89.289.2
89. 1
91.992.691.5
78.869.0
77 378. 1
69.570.5
1952
87 5
114 7116 5
86 5
88 3
86.793.282 3
88 993.590.8
92. 192.1
91.0
93.091.593.9
82.975.2
81.082.0
74.574.4
1953
88 3
100 5101 5
87 6
88 0
87 193.583 1
91 795.092.7
94.695.2
92 6
92.191.292.6
87.482.0
84 685.4
77.076.6
1954
89 6
95 696 0
92 9
86 6
88.994.385 3
86 592.294.2
95.195.4
93.7
92.991.593.8
89.683.6
87 687.9
79.979.5
1955
90 9
89 689 6
95 6
86 6
90.595.287 4
90 490.693.7
95.095.0
95.8
92.492.692.3
91.385.2
90 389.8
84.084.0
1956
94 0
89 589 2
98 6
91 7
94 697.492 6
93 193.596.5
96.696. 1
96 7
95.396.494 7
93.387.0
94 292.4
88.288.7
1957
97 5
91 190 9
99 4
98 8
97.697.897 5
97.398.499.2
97.697.6
97.5
98.399.397.7
96.392.0
97.596.2
93.493.3
1958
100.0
100.0100 0
100 0
100.0
100.0100.0100.0
100.0100.0100.0
100.0100.0
100.0
100.0100.0100.0
100.0100.0
100.0100.0
100.0100.0
1959
101 6
93 493 1
95 2
101 2
101.6101.6101 6
99.394.7
101.5
102.4101.7
101. 1
101.5100.7102.0
103.4109.3
103.5104.0
104.7104.2
1960
103 3
94.093 6
97 0
104.4
102.5103.3101.8
99.992.9
102.0
103.5102.6
102.9
102.4100.7103.5
105.3112.4
106.8108.8
109.2108.6
1961
104.6
94.694 1
96 9
109.3
102.7103.8101.8
100.890.9
101.8
103.5102.9
103.6
104.1100.4106.7
106.6115.0
109.4112.3
112.7113.6
1962
105.8
97. 196 2
95 6
114 6
102.7103.4102.2
100.988.9
103.5
104.0102.7
103.8
104.2100.1107.1
107.0111.6
112.2116.2
116.8116.6
1963
107 2
95.694 6
94 1
120.4
102.8104.2101.9
99.885.7
103.1
104.3102.7
103.4
104.7100.2107.9
108.8114.5
116.7120.9
122.4121.5
1964
108.9
94.492 6
92.2
126.3
103.6104.3103.0
101.283.8
107.6
104.6102.7
102.5
106.0100.3110.2
110.8117.4
121.0126.7
126.8128.1
1965
110.9
101.5100.0
94.9
132.4
104.2106.2102.9
102.584.0
109.9
102.9100.6
103.0
105.6100.5109.2
112.3119.8
124.3131.4
132.5133.3
NOTE: Indexes are based on unrounded data and therefore may differ from ones computed from published figures.
Source: U.S. Department of Commerce, Office of Business Economics.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
CURRENT BUSINESS STATISTICS
JLHE STATISTICS here update series published in the 1965 edition of BUSINESS STATISTICS, biennial statistical supplement to the SURVEYOF CURRENT BUSINESS. That volume (price $2.00) provides a description of each series, references to sources of earlier figures, and historical dataas follows: For all series, monthly or quarterly, 1961 through 1964 (1954-64 for major quarterly series), annually, 1939-64; for selected series,monthly or quarterly, 1947-64 (where available). Series added or significantly revised after the 1965 BUSINESS STATISTICS went to press are indicatedby an asterisk (*) and a dagger ( f ) , respectively; certain revisions for 1964 issued too late for inclusion in the 1965 volume appear in the monthlySURVEY beginning with the September 1965 issue. Also, unless otherwise noted, revised monthl} data for periods not shown herein correspondingto revised annual data are available upon request.
Statistics originating in Government agencies are not copyrighted and may be reprinted freely. Data from private sources are provided throughthe courtesy of the compilers, and are subject to their copyrights.
Unless otherwise stated, statistics through 1964and descriptive notes are shown in the 1965edition of BUSINESS STATISTICS
1964 1965 1966
Annual total
1964
I II | III IV
1965
I II III IV
1966
I II III IV
1967
I P
Seasonally adjusted quarterly totals at annual rates
GENERAL BUSINESS INDICATORS—Quarterly Series
NATIONAL INCOME AND PRODUCTf
Gross national product, totalf --- --- bil. $
Personal consumption expenditures, total do
Durable goods total 9 doAutomobiles and parts _ _ _ _ doFurniture and household equipment do...
Nondurable goods, total 9 -- - doClothing and shoes do._.Food and beverages doGasoline and oil do. .
Services, total 9 . _ . _ doHousehold operation. . ... .do...Housing doTransportation . . _ _ . _do
Gross private domestic investment, total do
Fixed investment do. .Nonresident ial do
Structures - . - .doProducers' durable equipment do. _
Residential structures doNonfarrn . . do
Change in business inventories... do. .Nonfarm do
Net exports of goods and services .. doExports doImports do
Govt. purchases of goods and services, total, .doFederal.. . __ . do. .
National defense doState and local. _ _ . ... do
By major type of product :fFinal sales, total . . do
Goods, total doDurable goods doNondurable goods do
Services doStructures do
Change in business inventories doDurable goods doNondurable goods . . . do
GNP in constant (1958) dollars
Gross national product, totalf ... . bil. $
Personal consumption expenditures total do
Durable goods . . . doNondurable goods... _ . doServices. do
Gross private domestic investment, total do
Fixed investment . . . doNonresidential . . doResidential structures do
Change in business inventories do
Net exports of goods and services do
CJovt purchases of goods and services total doFederal _ . ' " d oState and local ... do
631.7
401.4
59.425.825.1
178.933.692.814.1
163.124.359 211.8
93.0
88.360.721.039.727 627.04.75 3
8.537 028 5
128.965.250 063 7
627 0313 6122 2191 3244 568 9
4.73 31 4
580 0
373 8
59 1170 5144 2
86.5
81 957 424 64.6
8.5
111 357 853.4
681.2
431.5
66.129.827.1
190.635.998.415.1
174.825.663.212.8
106.6
97.569.724.944.827 827.29.18 1
7.039 032 0
136.266.850 169.4
672 1335 7132 2203 5262 0
74 5
9.16 32 7
614 4
396 2
66 4178 2151 6
97.8
89 064.994 i8.8
6.3
m i57 856.3
739.6
464.9
69.330.030.1
206.240.3
104.816.1
189.427 267.714.0
117. 0
105. 179 327.851.425 825 311.912 2
4 849 737 9
153.076 960 076 2
727 7365 3145 9219 5285 9
76 6
11.99 09 9
647 8
415 5
70 7186 0158 7
104.7
93 672 1°1 511.1
4.7
1 99 964 059! 1
616.8
391.1
57.625.324.1
174.932.890.713.9
158.723.857.711.7
90.2
86.658 120.337.928 527.93.53 6
9.036 427 4
126.564.950 161 6
613 3307 1119 6187 5237 368 8
3.52 31 2
569 7
365 7
57 2167 2141 2
84.6
81 255 525 73.5
9.2
1 1 n 958 252^0
627.7
398.0
59.826.025.4
176.532.792.113.9
161.624.258.711.7
91.8
87.659.720.938.827 927.34.25 1
7.936 028 1
130.166.651 663.4
623 5311 4122 4189 0242 769 4
4.23 6
5
578 1
371 0
59 5168 4143 1
85.6
81 656 624 94.0
8.2
m q
59 753.' 6
637.9
407.5
61.127.125.3
181.734.393.914.2
164.724.759.611.9
92.5
88.961.721.040.727.226.63.64 6
8.437 228.8
129.565. 149 864.4
634.4318 8125 0193 8247 168 5
3.69 g.8
585.0
379 5
60 9173.3145 3
85.7
82 258.294 i3.5
8.4
m q
57 453.9
644.2
408.8
58.924.625.7
182.434.494.414.4
167.524.760.712.1
97.4
90.063.321.841.426.726.2
7.47.9
8.638 129.6
129.464.148 565.3
636 8316 9122 0195 0251 168 8
7.44 42 9
587.2
378 9
58 8173.1146 9
90.2
82 859.293 6
7.4
8.0
110 1
56 154.0
660.8
418.9
65.130.126.0
184.534.695.414.4
169.324.761.612.2
103.8
94.466.723.643.127 727.29.59 4
6.435 128.7
131.664.448 267.3
651 4324 3127 7196 6254 3
72 7
9.57 42 1
600 3
387 1
64 8174 2148 1
95.9
86 662 324 49.3
5.7
m e
56 255.3
672.9
426.8
64.429.226.2
189.435.697.815.2
173.025.462.712.7
103.7
96.067.924.643.328.127.57.66 7
8.240 532.3
134.365.649 168.7
665 3331 2128 8202 4259 8
74 3
7.66 41 2
607.8
392 2
64 2177.6150 4
95.3
88 063.424 57.3
7.1
113 ^57 355.9
686. 5
435.0
66.730.227.3
191.436.098.715.3
176.926.063.613.0
106.7
98.070.224.445.827.827.38.77 2
7.140 133.0
137.767.550 770.2
677 8338 8134 3204*4265 1
73 9
8.76 72 1
618.2
398 9
67 2178.5153 1
97,9
89.465.523 98.5
6.4
115 058 356.7
704.4
445.2
68.029.928.8
197.037.5
101.615.7
180.226.364.713.4
111.9
101.573.926.847.127 627.010.49 0
6.140 334.2
141.269.852 571.4
694 0348 4137 9210 5268 8
76 9
10.44 75 7
631.2
406 5
69.2182.5154 8
102.2
91.968.423 510.2
6.0
116 659 357.3
721.2
455.6
70.331.429.6
201.939.4
103.315.8
183.426.566.013.5
114.5
105.677.028.548.528.628.08.98 5
6.041.735.6
145.071.954.673.1
712.3357 o141 8215 2275 579 8
8.95 83.1
640.5
412 8
72.2184.1156.5
103.5
95.070.824.38.5
5.9
118 360.457.9
732.3
460.1
67.128.529.2
205.639.7
104.816.1
187.427.167.113.9
118.5
106.278.227.950.328.027.412.312 1
4.741.937.3
149.074.057.175.0
720.0359 3140 6218. 7282 1
78.6
12.39 03.3
643.5
412.2
68.5185.8157.9
106.3
94.771.323.411.6
4.6
120 46l!958.5
745. 3
469.9
70.230.130.7
208.141.1
105.516.1
191.527.668.214.2
115.0
105.180.327.752.624.824.39.9
10.4
4.243.439.2
156.279.062.077.2
735.4369.7148.7221.0289.9
75.8
9.99.5.5
649.9
418.3
71.6187.1159.6
102.5
93.573.020.59.1
4.2
124 965.559.4
759. 3
474.1
69.629.830.7
209. 240.8
105.416. 6
195.327.769.514.5
120.0
103.581.627.354.421.921.316.417.6
4.143.639.5
161.181.765.579.4
742.9374.2151.7222.5296. 272.5
16.411.94.6
657.2
418.5
70. 6187.1160. 8
106.4
91.273.317.915.2
4.1
128 367.660. 7
764.3
482. 2
68.127.631.1
214.742.6
107.417.1
199.327.870.614.9
109. 0
103.581.628.752.921.921.35.55.8
4.945.140.2
168.286.268.882.0
758.8
5.5
657. 2
r Revised. v Preliminary. f Revised series.product and personal income have been revised (see
Estimates of national income andp. 11 ft of the July 1966 issue of the
SURVEY); revisions prior to May 1965 for personal income appear on p. 18 ff . of the July 1966issue of the SURVEY. 9 Includes data not shown separately.
s-l255-322 O - 67 - 3
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
S-2 SURVEY OF CUKRENT BUSINESS April 1967
Unless otherwise stated statistics through 1964and descriptive notes are shown in the 1965edition of BUSINESS STATISTICS
1964 1965 1966
Annual total
1964
II III IV
1965
I II III IV
1966
I II III IV
1967
I P II
GENERAL BUSINESS INDICATORS— Quarterly Series— ContinuedNATIONAL INCOME AND PRODUCT— Con.Quarterly Data Seasonally Adjusted at Annual Rates
Compensation of employees, total doWages and salaries, total do
Private doMilitary - doGovernment civilian do
Supplements to wages and salaries doProprietors' income, total 9 do
Business and professional 9 doFarm --do
Rental income of persons doCorporate profits and inventory valuation adjust-
ment total bil $By broad industry groups:
Financial institutions _. _ _ d oNonfmancial corporations, total do
Nondurable goods industries d o _ _ _ _Durable goods industries do._--
Transportation, communication, and publicutilities - bil. $..
All other industries do
Corporate profits after tax doDividends doUndistributed profits do
Inventory valuation adjustment do
DISPOSITION OF PERSONAL INCOMEfQuarterly Data Seasonally Adjusted at Annual RatesPersonal income, total bil. $'__Less: Personal tax and nontax payments doEquals: Disposable personal income do jLess* Personal outlays© doEquals* Personal saving§ _ _ do
NEW PLANT AND EQUIPMENTEXPENDITURES
Unadjusted quarterly or annual totals:All industries bil. $
Manufacturing _ doDurable goods industries -doNondurable goods industries do
Mining doRailroad . - d o _ _ _Transportation, other than rail _ _ d oPublic utilities doCommunication _ doCommercial and other _ . _.do _.
Seas. adj. qtrly. totals at annual rates:All industries _ do _
Manufacturing doDurable goods industries doNondurable goods industries do
Mining doRailroad doTransportation other than rail doPublic utilities doCommunication doCommercial and other do
U.S. BALANCE OF INTERNATIONALPAYMENTSd*
Quarterly Data Are Seasonally Adjusted(Credits -f ; debits -)
Exports of goods and services (excl. transfers undermilitary grants) mil. $__
Merchandise, adjusted, excl. military.-. _ _ - d o - _ _Military sales. _ _ - __ . -do ._Income on U.S. investments abroad . doOther services _ _._ _ _ - -do ..-
Imports of goods and services do ._Merchandise, adjusted, excl. military doMilitary expenditures doIncome on foreign investments in the U.S.. doOther services do
Unilateral transfers, net (excl. military grants);transfers to foreigners (— ) mil. $
Transactions in U.S. private assets, net; increase(— ) mil. $
Transactions in U.S. Govt. assets, excl. officialreserve assets; increase (— ) mil. $
Transactions in U.S. official reserve assets, net;increase ( — ) mil. $
Transactions in foreign assets in the U.S., net (U.S.liabilities)4 increase (+) mil. $
Liquid assets... do__ .Other assets . _. .. _ _ _do_ .
Unrecorded transactions doBalance on liquidity basis — increase in U.S. official
reserve assets and decrease in liquid liabilities toall foreigners; decrease ( — ) mil. $
Balance on official reserve transactions basis — in-crease in U.S. official reserve assets and decrease inliquid and certain nonliquid liabilities to foreignofficial agencies' decrease ( — ) mil $
517.3365.7333.6269.311.752.632.051.939.912.017.7
66.6
8.458.239 414.517.9
10.415.467.028.438.717.321.3-.415.5
496.059.4
436.6412.124.5
44.9018.589.439.161.191.412.386.224.30
10.83
36, 95825, 297
7475,3925,522
-28,468-18,621-2,834-1,404-5.609
-2,765
-6,523
-1,674
171
3,3122, 627
685" -1,011
-2,798
559.0392.9358.4289.112.157.134.555.740.715.118.3
74.2
8.965.337.815.722 1
11.116.4 j75.731.244.519.225.3
-1.517.8
535.166.0
469.1443.425.7
51.9622.4511.4011. 051.301.732.816.944.94
11.79
610.1433.3392.3314.8
14.662.841.057.841.816.018.9
80.2
10.070.2
'41.017.323.8
11.917.282.333.948.420.9
'27.4-2.120.0
580.475.1
505.3478.3
27.0
60.6326. 9913.9913.001.471.983.448.415.62
12.74
38,99326, 276
8445,9015,972
-32, 036-21,488-2,881-1,646-6, 021
-2,794
-3, 690
-1,575
1,222
309115194
-429
-1,337
-1,30,
v 42, 910p 29, 180
P908r> 6, 180P 6, 642
p-37, 61p-25, 50p-3, 649p-1,868p-6, 590
p-2,907
p-3, 91
p-1,48-
P568
P3.02i p85! P2.168! P -58
ip-1,42
I P 2 7
513.7362.2330.6267.111.651.931.752.239.912.217.6
66.5
8.558.132.414.617.7
10.215.566.828. 338.517.321.3-.315.1
492.056.9
435.1408.5
26.6
11.114.532.302.23.29.36.63
1.581.102.61
43.5017.809.008.801.151.252.256.304.30
10.45
9,0016,092
1861,3691,354
-7, 032-4, 579
-725-344
-1,384
-717
-1,385
-350
303
33224983
-152
-552
-326
522 9369.8337.4272.311.753.432.451.940.311.717.8
67.8
8.459.333.014.618.4
10.615.767.828.739.1 i17.421.7
.015.7
500.359.1
441.2418.422.8
11.544.672.372.30.30.37.59
1.711.062.84
45.6518.859.609.201.201.502.406.304.40
11.00
I
9,3086,389
1621,3681,389
-7, 196-4,752
-686-349
-1,409
-694
-1,589
-415
70
719547172
-203
-617
-231
' Revised. p Preliminary,i Estimates for Jan. -Mar. 1967 based on anticipated capital expenditures of business.2 Estimates for \ptv.Tnne 1967 based on anticipated canital expenditures of business.
Anticipated expenditures for the year 1967 are as follows (in bil. $) : All industries, 63.00; manu-facturing, total, 27.94: durable goods industries, 14.64; nondurable goods industries, 13.30;mining, 1.58; railroad, 1.48: transportation. 3.94; public utilities, 9.15; commercial and other(incl. communication), 18.91. 3 Includes communication.
528. 5375.3342.2275.911.954.333.152.240.311.917.9
66.8
8.658.132.214.717.5
10.515.567.728.639.017.721.4-.916.3
507.560.9
446.6420.026.6
12.845.592.832.76.33.35.64
1.761.173.01
47.7520.1510.1510.001.301.552.606.354.40
11.40
9,5376,660
2011,2531,423
-7,390-4,901
-683i -372-1,434
-671
-2, 189
-618
-15
1,841,53
31-36
-1,38
-84ts91e
sum
tfDec
543.3381.7348.2281.211.855.233.553.340.512.918.1
73.2
8.564.637.415.521.9
10.716.574.530.743.818.125.7
-1.316.9
518.064.9
453.2430.322.8
10.794.542.252.28.29.39.58
1.321.082.59
49.0020.7510.4010.401.251.752.556.804.55
11.30
8,7765,625
2001,5611,390
-7,164-4, 656
-664-373
-1,471
-662
-1,605
-367
842
18C-145
32£C
-69'
-61?ae correstncludesPersonalers, andersonalMore co
ssues c
552.2387.8353.7285.811.756.334.155.940.415.518.3
72 7
8.764.036.715.521 2
10.916.474.530.743.818.825.0
-1.817. 5
527. 666.6
461.0438.6
22.4
12.815.472.762.70.33.44.77
! 1.711.242.85
50.3521. 5510.8010.701.301.552.706.854.80
11.60
10, 1366, 798
2291,6161,493
-8, 087-5,481
i -701i -404-1,501
-768i
-346
-469
68
-425-294-131-109
226
5 23£pondinginventoroutlays
personalsaving ismplete d)f the Su
562.7395. 6360. 8291.112.057.734.856.740.716.018.4
74.0
8.965.037.415.521.9
11.216.475.030.944.119.524.6-1.018.1
541.965.7
476.2447.129.0
13. 415.732.912.82.32.44.72
1.881,223.10
52.7523.0011.7511.251.251.703.006.755.05
11.95
|
10, 0166, 826
1991,4701,521
-8, 245-5, 595
-745-411
-1,494
-719
-827
-268
41
242493261
-240i
-534
! 232not? on py valuatcompristransferexcess ofetails areR V E Y .
577.8406.5370.8298.513.059.335.757.141.116.018.5
76.9
9.567.539.616.423.2
11.516.478.732.446.320.226.1
-1.818.7
552.866.7
486.1457.628.5
14.956. 723.483.24.35.46.73
2.041.413.25
55.3524.1512. 4511.701.351.953.007.305.30
12.25
10, 0657,027
2161,2541,568
-8,540-5,756
77]-458
-1,555
-645
-912
-471
27
316
25-8
-33
i-1,15
. S-l.on ad jus
3 personspaymentdisposabgiven n
595.7419.6380.0305.913.660.439.658.441.417.018.7
80.0
9.470.641.917.224.7
11.317.482.734.148.720.927.8-2.819.1
564.669.5
495.1468.426.7
12.775.612.872.74.33.40.75
1.601.262.83
58.0025.6013.1512.45
1.401.753.308.255.35
12.35
10, 4807,154
1981,5321,596
-8, 898-5, 980
-854-436
-1,628
-852
-928
-341
424
409120289
-294
-544
-234
tment.1 consul
3 to foreie incomthe qua
604.1427.9387.4311.514.161.840.557.941.616.318.8
79.9
9.870.040.617.223.4
12.017.482.834.148.721.127.6
-2.919.6
573.573.6
499.9473. 326.6
15.296.783.513.27.40.55
1.002.091.423.06
60.1026.8013.8512.951.552.003.508.305.50
12.45
10, 5587,098
2601,5751,625
-9, 175-6,220
-899-437
-1,61S
-736
-1, 094
-452
68
1,02654
972-195
-122
-20:
nption egners.e over perterly re
613.8438.3396.7318.015.063.741.557.341.915.418.9
79.1
10.169.039.517.022.5
12.217.281.933.748.221.127.1
-2.820.2
585.277.4
507.8483.3
24.5
15.576.843.543.30.37.48.82
2.361.363.33
61.2527.5514.3513.201.451.853.408.555.60
12. 85
10, 9437,426
2151,5851,717
-9,737-6,63?
-934-510
-1,654
-698
-748
-376
8*
361118243173
-20C
951
xpenditu
rsonal 01views in
' 626. 7447.5405. 0323.915.865.242.557.542.315.219.1
r81.7
10.571.242.017.624.4
12.117.0
'81.8'33.7'48.1
20.7' 27. 4
.021.0
598.379.8
518.4488.0
30.4
17.007.754.073.68.38.55.86
2.361.583.52
62.8027.7514.5013.251.452.353.508.505. 95
13.30
plO, 929p 7. 502
p235p 1, 488p 1, 704p-9,80"p-6, 66p-96p-48p-1,6
P-62
pl ,14
P-31
p l , 2 2p56-P 66
p — 27J
p -55
> p —2'
res, inte
itlays.the Mar
456.1411.8328.316.367.144.357.442.614.819.3
21.5
— . 621.6
610.181.2
528.9496.432.5
13.836.063.162.89.35.38.78
1.84
3 4. 42
i 62. 6027.6014.4513.151.501.653.509.30
s 19. 10
2 15. 847.003. 603.39. 40.37
1. 132. 40
3 4.55
2 62. 2527.7014.2513.45
1.551.353.959.50
3 18. 20
|
•est paid by con-
, June, Sept., and
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
April 1967 SURVEY OF CURRENT BUSINESS S-3
Unless otherwise stated, statistics through 1964and descriptive notes are shown in the 1965edition of BUSINESS STATISTICS
1965 j 1966 *
Annual
1966
Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.
1967
Jan. Feb. Mar.?
GENERAL BUSINESS INDICATORS—Monthly Series
PERSONAL INCOME, BY SOURCEf
Seasonally adjusted, at annual rates: fTotal personal income bil. $
Wage and salary disbursements, total doCommodity-producing industries, totaLdo
Manufacturing doDistributive industries _.do
Service industries doGovernment _ do
Other labor income doProprietors' income:
B usiness and professional T . do ..Farm do
Rental income of persons.. . .._ _ _ _ _ d o _ _Dividends doPersonal interest income _ _ d oTransfer payments. _ _ -doLess personal contributions for social insurance
bil. $__
Total nonagricultural income _ - do _
FARM INCOME AND MARKETINGS*
Cash receipts from farming, including Governmentpayments (48 States), total t mil. $
Farm marketings and CCC loans, total doCrops doLivestock and products, total 9 - _do_
Dairy products _ do_ __Meat animals doPoultry and eggs do
Indexes of cash receipts from marketings and CCCloans, unadjusted:!
All commodities 1957-59 = 100Crops _ - do.Livestock and products do
Indexes of volume of farm marketings, unadjusted: JAll commodities _ 1957-59 = 100--
Crops doLivestock and products -do
INDUSTRIAL PRODUCTION cf
Federal Reserve Index of Quantity Output
Unadj., total index (incl. utilities) rf1- 1957-59 =100-By industry groupings:
Manufacturing, total - - do -Durable manufactures doNondurable manufactures do
Mining _ _ _ _ d o _ .Utilities do
By market groupings:'Final products, total. _ _ . _ . . . do
Consumer goods _ doAutomotive and home goods. ... - d oApparel and staples do
Equipment, including defense do_
Materials doDurable goods materials _ _do_N endurable materials do
Seas, adj., total index (incl. utilities)^ do ...By industry groupings:
Manufacturing, total do
Durable manufactures 9 doPrimary metals do
Iron and steel doNonferrous metals and products do
Fabricated metal products . doStructural metal parts do
Machinery doNonelectrical machinery . ... doElectrical machinery do
Transportation equipment 9 doMotor vehicles and parts... doAircraft and other equipment.. do.. _
Instruments and related products _ doClay, glass, and stone products doLumber and products doFurniture and fixtures _ doMiscellaneous manufactures do
Nondurable manufactures doTextile mill products... doApparel products doLeather and products doPaper and products do
535 1
358.4144.3115 586.7
58 169.218 5
40. 715 1
18.319 238.439.7
13.2
515 6
41, 639
39, 1871 7, 33421,853
5,07012,9433, 527
122126118
119120118
143.4
145.0148.4140.8114.8160.9
142.5140.3159.9134.1147.0
144 2144.3144 1
143.4
145 0
148 4137.6133.6152.2147.8145.4
160 5160.4160 6149.2175.2125.3
151 4133.5117 4157 4146.0
140 8134 9145 1108 .2142.3
580.4
392. 3158.2127. 293.2
63. 577.420.8
41.816.0
18.920. 942. 844.6
17.6
559. 7
46, 151
42, 87918,21324, 6665,592
14, 7264,027
133132133
120120120
156.3
158.7165.1150.7120. 3173.4
155.4147.4166.5141.4172. 6
157.1157.4156.9
156.3
158.7
165.1142.7136.2166.516?. 8158.8
183 8181.9186.5168.3171.3165. 2
176. 5140.7119 3171 9157.9
150 7142.3150 3
i 111.91 152. 1
564 7
380.1153.9123 390.9
61 274.120 0
41.317.0
18.721.041.042.6
16.9
543.0
3,032
2, 865998
1,867409
1,131290
10787
121
9379
103
152.3
154.4160.6146.6117.0
151.7145.7171.3137.6164.6
152 7152.3153.3
152.4
154 7
160.7138.3129.1172.5161.6158.9
176 4174.4179 2164.1175.5153.1
169.4142.2126 5167 7155.3
147 3140 7148 4109.7148.5
569 0
382.9155.4124.091.4
61.774.520.2
41.517.3
18.720.941.442.9
1 6. 9
547.0
3,164
2,990845
2,145470
1,306333
11174
139
9461
119
154.6
157.1163.9148.6118.7
153.4146.7172.7138.5167.8
155 7155.9155.6
153.7
155.9
161.9141.8136.7174.5161.7158.9
176 1174.0178.9166.1176.9155.8
171. ,9143 .0129.3168.8156.8
148.5142.0149 4112.2150.2
570 5
384.7156.0125 291.5
62.075.220 4
41.516 7
18.721.04 1 . X42.0
17.0
549.1
2,951
2, 832845
1,987465
1,169310
10574
129
8853
115
154.8
157.9164.9149.2115.5
152.6145.5173.1136.7167.9
156.7158.3155.0
153.9
156.6
162.9142.4138.8166.0161.4159.1
178.6174.5184.1165.9176.1156.4
174.6141.9130 7169.6157.2
148.7143,5150 3115.5150.2
573 0
387.0156.8125 991.9
62 575.920 6
41.616 3
18.821 242.142.5
17. 1
551.9
2,818
2,778773
2, 005488
1,165309
10367
130
9050
119
156.0
158.9166.1149.8121.3
152.9144.8169.9136.9170.3
158.7160.0157.4
155.3
157.6
164.2146.5141.1165.0162.9158.4
180.6177.7184.4165.8169.9161.9
176.4139.5122.7173.8159.5
149.4143.7149.9112.1153.0
577 2
390 5158.1127 092.8
63.076.620 7
41.715 9
18.821.142.343.2
17.2
556.5
3,234
3,2041,2341,970
4711, 157
313
119108128
10996
119
159.3
162.2169.0153.8122.7
157.8150.0172.0142.9174.6
160.7162.4159.1
156.5
158.9
165.4148.0142.1166.2161.8158.8
182.8180.3186.0167.1169.4164.7
176.5141.0122 .9174.6159.3
150.7144.0152.0114.2154.1
580 0
393. 7158.2127 193.6
64 078. 090 9
41.815 5
18.921 142.643.5
17.9
559.8
3,405
3,2761,4231,853
4691,048
318
122124120
111111111
150.9
152.1158.2144.4118.2
150.0139.8142.4139.0172.0
151 8152.1151.4
157.2
159.4
166.1148.6143.3162. 4162.1157.7
186.6184.7189. 1166. 0161.2169.6
177.0138.5119.91 69. 7157.2
151.3143.4149 7111.1156.2
585 4
397. 0159.8128.993.9
64.578.821.1
41.915.4
18.921.043.145.1
18.1
565.4
4,579
3, 6331,4622, 171
4641,323
368
135127141
120113125
156. 8
158.0160.4155.0123. 6
154.7146.0132. 0150.4173.5
158 7158.4159.0
158.0
160. 1
167.1148.7142 2162. 1161.4158.8
189.6186.7193.4166.0158.1172.5
177.4140.5111.3175. 3158.7
151.3142. 1147 7110.4153.1
590 0
399.5160.7129 694 4
64 979.521 3
42.015 3
19.021. 243.846.0
18.2
570.1
5,009
4,0441,8082, 236
4671,374
380
150158145
133140128
161.3
163 6169 5156 3122 8
161.2153 6165.8149 6177.8
161 3162.7159 9
157.7
160 0
167.3146.4139. 0164.7163. 0158.6
188.8188.6189.2168.3164.6171.1
179. 5141.2110. 0173.2158.4
150.9141.7148.4109.9151. 2
594 4
402.3161.5130.795.1
65.480.221.5
42.115. 1
19.021.244.347.2
18.3
574.6
5 608
5,1222 7752,347
4851 462
386
191242152
172219138
163.8
167 1173 2159 6124 3
164 7157 8184 9149 2179 4
163 1163 5162 6
158 9
161 5
169 1145.0137 5168.2164 2159.0
191 1189 9192 6174 6175 7173 7
181 8137 8111 3173 2157 2
151 9142 4148 1113 9153. 3
598 5
405.1162.4131.495.8
65.881.021.7
42.215.2
19.121.244.847.8
18.5
578.6
4,877
4,7842,6382, 146
4681,283
383
178230139
170225129
160.2
163.3170.2154.8121.5
160.0151.3176.9143.2178.7
160 4159.6161.2
158.6
161.0
167.3138.4132.4161.7164.7160.2
189 0188.2190 1172.9170.7174.6
181.4136.5109 5173 9158.5
153 1141.8149 3iio.s153.7
601 8
407.5162.9131 496.5
66 281.921 9
42.415 4
19.219 845.348.9
18.6
581.7
3,774
3,7171,7012,016
4951,157
342
138148131
130143121
' 157. 1
r 159. 2168.3147.7122.1
157.2145.5168.7138.1182.4
157 0155.4
r 158. 6
159.0
161 3
167.6136. 2130 1
r 163. 5T 168. 7
161.4
189 5190.4188 3171.5169.0173.7
184 6136.9112 8174 0160.9
153 5r 141.4T 150 5' 111.1
152.6
607 5
410.7163.9132.297.5
66.782.72'? 2
42.715.2
19 221.345.750.0
19.7
587.5
3,655
3,5921,5772,015
5041,175
299
134137131
124132118
* 156. 6
158.0* 164. 7' 149. 7r 121. 7
r 156. 7' 145. 6r 159. 3
141.2r 180. 7
156 5r 152. 9T 160 3
' 158. 2
160 2r 165 7T 133. 2r 124 9r 162. 9
166 7' 160. 7r 189 4T 191 0r 187 3T 164 6
151.5* 176. 0r 186 2
137.0r H5 7
»• 172 1r 160. 3
r 153 3r 138.8
148 4107.9
' 154. 0
r 609 7
411 2163.0
r 131 197 7
r 67 283 522 5
T 42 6r 14 8
19.321 5
T 46 0r 51 5
19.7
r 590 0
9 917
2,705891
1 814461
1 051264
10178
118
9372
108
* 156. 0r 157 7T 162 8r 151 4T 121 7
T 156 1r 145 1r 156 2r 179 8
r 15(5 1
r 150 6161 7
r 156 1
r 158 o
T 162 8132.0
r 123 7163. 0
T 164 9' 160. 6
r 185 7
r 187 0r 184 0r 158 9
140 6r 174 7
r 183 6r 136 9
115 8170 6
r 157 0T 151 9
136 7
151.5
613 1
413 4163.4131 697 9
67 884 392 8
42 514 5
19.421 746 352 2
19.8
593 5
157.5
159 7165 1152 9121. 6
157.3146 0160
181 6
157 715416°
156 4
158 3
163 1131123
164161
184185183164149177
187136
168155
152. 4
r Revised. "Preliminary, t See corresponding note on p. S-l. J Revised series. Dollarfigures and indexes of cash receipts and volume of marketings revised beginning 1963; dataprior to May 1965 appear in the Dept. of Agriculture publication. Farm Income Situation,
July 1966. 9 Includes data for items not shown separately. cf1 Revised beginning Jan.1964 to incorporate new data and to reflect use of new seasonal factors; revisions for mouthsprior to Sept. 1965 will be shown later.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
S-4 SUEVEY OF CUKRENT BUSINESS April 1967
Unless otherwise stated, statistics through 1964and descriptive notes are shown in the 1965edition of BUSINESS STATISTICS
1965 1966 v
Annual
1966
Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.
1967
Jan. Feb. Mar.p
GENERAL BUSINESS INDICATORS—Continued
INDUSTRIAL PRODUCTIONd*— Continued
Federal Reserve Index of Quantity Output—Con.
Seasonally adjusted in dexesd*— ContinuedBy industry groupings— Continued
Nondurable manufactures— ContinuedPrinting and publishing 1957-59 = 100__
Newspapers doChemicals and products do
Industrial chemicals doPetroleum products do- .
Rubber and plastics products _ , _ . doFoods and beverages do
Food manufactures doBeverages.. _ . _ _ - d o
Tobacco products do
Mining doCoal doCru de oil and natural gas do
Crude oil doMetal mining doStone and earth minerals do .
Utilities _- doElectric ._ . do _Qas do
By market groupings:Final products, total d" do
Consumer goods _ doAutomotive and home goods. _ do_ -_
Automotive products doAutos d o _ _ -Auto parts and allied products do
Home goods 9 _ _ _ _ doAppliances, TV, and radios doFurniture and rugs do
Apparel and staples doApparel, incl. knit goods and shoes doConsumer staples. _ _ do. _
Processed foods do
Beverages and tobacco do_.Drugs, soap, and toiletries doNewspapers, magazines, books.. _doConsumer fuel and lighting do
Equipment, including defense 9 _ _ _ _ doBusiness equipment do
Industrial equipment doCommercial equipment __ _ - d o _ -Freight and passenger equipment.. doFarm equipment _. _ do
Materialscf doDurable goods materials 9 do
Consumer durable doEquipment ... _ ._ _ do._Construction ... . _ . _ _ -do ._
Non durable materials 9 _. . do._Business supplies _ do
Containers doGeneral business supplies . do
Business fuel and power 9 _ . do.Mineral fuels doNonresidential utilities _ do _
BUSINESS SALES AND INVENTORIES §
Mfg. and trade sales (seas, adj.), totalft mil. $..
Manufacturing, total doDurable goods industries doNondurable goods industries do
Retail trade, totalt doDurable goods stores doNondurable goods stores ._ . do
Merchant wholesalers , total t doDurable goods establishments _ _ _ do_ _Nondurable goods establishments do
Mfg. and trade inventories, book value, end of yearor month (seas, adj.) , total J mil. $
Manufacturing , total doDurable goods industries . do .__Nondurable goods industries. _ ., do
Retail trade, totalf. - - doDurable goods stores doNondurable goods stores do
Merchant wholesalers, total J doDurable goods establishments doNondurable goods establishments.. . _ _ do. .
r Revised. p Preliminary. 1 Based on unadion p. S-3.
9 Includes data for items not shown separately.§The term "business" here includes onlv manufa
as shown on p. S-l cover data for all tvpes of pro<
130.3124 9
173.4196.3123.5
171.8123.712'? 3130.6120.3
114.8113.31 ] 2. 3111.9124 2126.5
160.9165.6146.2
1 42. 5140.3159.9
167.2182 6146.8154.8152.3154.3
134.1134.5134. 012? 2
127. 2157 0127.0149.4
147 0156.7153.1164.4162.4148.8
144.2144.3166.8151.9133.8
144.1136.4136.6136.4
127.9115.5159.4
1 954,336
1483,343252, 242231, 101
i 283,85293. 718
190, 134
U87.14182, 691
104, 450
120,896
68, 01542, 32425, 69134, 60715,19419. 41318, 27410,5757,699
isted dat
cturing ailucers, be
142.2134. 2193. 0220.1128. 4
191.9128.4126.6137.8119.8
120. 3115. 2118.0119.4132.7133.5
173. 4179.7153.6
155.4147.4166. 5
163. 0169. 5154.4168. 9166. 6165.7
141.4139. 6141.8126. 4
131.7174 4136. 6159.4
172 6181.2172. 2190. 0208. 5167. 0
157.1157.4170. 3180.7141.6
156.9148.9145.4150.7
136. 3122 2173^ 5
11,035,871
1 528, 448276, 069252, 379
1 303, 67297, 812
205, 860
1 203, 75191, 026
112,724
135, 549
77. 89750. 03727, 86036, 96116, 53620, 42520, 69112,112
• 8, 579
i. d* 3
id trade;)th farm c
138.6131.4185.5210.7125.5
184.7126.8125.6133. 4126.7
117.7111.2115.0115.1130. 8135.6
168.7174.2151.4
152.1146.1166.6
167.9177.8155.0165. 7160.5164.0
139.2138.7139.4125.8
131.1167 °133.6155.3
164.8174.0166.1180.8198.9158.0
152.6152.6173.6170.0143.6
152.1144.4143.5144.9
131.8118.1167.1
84,530
42, 70222, 43320, 269
25,0498,185
16, 864
16,7797,5389,241
122,542
69, 04042, 88426, 15634, 92215, 42419, 49818, 58010, 809
7, 771
>e corresp
businessind nonj
139.8133.1187.8213.7125.6
184.5127.5125.7137.0126.8
120.0117.71 1 6. 5117.0134.5137.1
168.8174.0152.3
152.5146.2166.6
170.0180.5156.2164.1156.2165.5
139.7140.4139.5125.2
133.6168.6134.2154.7
166.2175.4167. 4184. 2198. 9163.0
154.4155.6169. 1171.9146.1
153.1146.0145.2146.4
133.9120.5168.6
86, 991
44, 12123. 23820, 883
25, 5368,649
16, 887
17, 3347,8879, 447
123,630
69, 64843, 27326, 37535, 10115, 55119, 55018,88110, 9957,886
ending n
inventoarm. Un
138.6128.5187.7215.4127.7
186.91 27. 8126. 0137. 51 1 5. 8
115.685.3
117.0117.2139.7130.9
169. 1174.1153.3
152.9146.4168. 4
168.4178.9154.6168. 4166.7166.3
139.4141.4138.9125.1
130.2167.3134.1154.6
166. 9175.9167.3186.4201.3157.6
154.5156.7169.0173.6144.3
1 52. 3145.3142. 4146.7
130.8114.9170.6
85, 455
43, 54022, 70820, 832
24,9497,939
17,010
16,9667,7189, 248
124.700
70,34643,77926, 567
35, 34615,69019. 65619.00811,2097,800
ote
riesad-
142.1133.8191.4218.2127.4
184.3126.1124.41 35. 4117.9
120.7116.9119.1121.3133.61 27. 5
170.2175.5153.7
153.7146.2166.1
160. 7166. 0153.61 69. 9165.9169.1
139.8140.5139.7123.9
129.5173.4136.9155.8
169.8178.3168.51 90. 1204.9164.7
157.11 57. 7166. 0177.1141.8
156.5147. 8146. 1148.6
136.9123.8171.2
85, 426
44, 07122, 91521, 156
24, 4757,506
16, 969
16, 8807,6019, 279
126,179
71, 10344, 27526, 82835, 92716, 21319.714
19, 14911,2397,910
justedtSeeJRe
updatprior
144.1135.4192.7219.9127.7
184.1127.1125.5135.9122.7
122.0120.7119.3121.4134.2133.3
171.7177. 2154.1
154.9147.1165.8
162.3167.8155.2168.3163.9170.1
141.6141.6141.6126.4
131.5174.7138.5157.1
171.4180.0171.0191.0205.7168.2
158.0159.3165.2179.1142.3
158.01 50. 31 46. 4152.2
138.0124.9172. 2
86, 957
44,12522, 89821,227
25, 3948, 056
17,338
17,4387,6379,800
127,584
71,94945, 00326, 94636, 32516,41119, 91419,31011,318
7, 992
data forcorrespc
vised sered to refto Sept.
144 .8136 .3194.5222.0126 .9
188.7128.1126.4137.2116.5
122.0120.8119.2120.9134.0133.7
175.7182.4
155.3146.5162.5
154.5151.5158.6168.0165.5165.2
141.4139.0142.1126.0
130.2174.5138.9161.1
174.4182.7174.9189.8208.8167.5
158.8159.1162.8183.7141.0
158.6149.9143.2153.2
138.7124.6174.6
86, 678
44, 32723, 03121,296
25, 3628, 106
17,256
16, 9897,6079,382
128,714
72,95845, 79027, 16836, 31216, 33019. 98219,44411.3498. 095
manufamding nies. Th(lect infoi1965 app
145.3137. 7194.4222.2128. 5
190.3129. 2127. 0141.1119.9
122.1120. 7119.6121. 2132.1133. 8
179.0186.5
156.4147.1159. 6
146. 4141.7152. 7168.9165.0168.0
143.0139.1144.2127. 9
134.0175.4138.2165.0
176.4184.4176.3194.1208.1169.1
159. 6160. 1173.6187.9140.2
159.1150. 1143.4153. 4
138.9124.9175.9
86, 995
44, 20622', 87421,332
25, 5728,358
17,214
17,2177,7379,480
130,043
74,11046, 81427, 29636, 19116, 07920, 11219, 74211,5778, 165
Curing ar.e on p.3 panel oinationear on p
144.3139.1193.5220. 5130.6
193.6128.5127.0136.4120.5
121.0114.7119.6121.3128.6133.5
177.0184.2
156.3146.5159.7
150.7148.6153.5166.0159.3165.9
142.3138.8143.3127.9
131.0176.1136.7162.5
177.4185.7177.0194.8209.2178.9
159.2159.8174.0189.1139.8
158.6150.7147.4152.4
138.6123.7176.7
86, 775
44, 09122,97121, 120
25, 7038,394
17, 309
16,9817,5149,467
130,839
74, 88447, 56827,31636, 35516, 24120, 11419, 60011,4358,165
re showiS-ll.
f reportefrom thep. 26 f f .
144.1135.7196.9224.1131.2
199.2127.5124.9141.4116.9
121.6121.5119.5121.1129.4130.3
175.2181.7
158.3148.8169.4
168.5177.8156.2170.0170.2164.4
142.2139.0143.2126. 0
133.1178.7137.9161.9
178.8187.2178.4195.5212.7180.3
159.9159.8176.2189.7138.5
159. 9151.6145. 3154.8
138.7124. 9174.8
87, 066
44, 48723,45121,036
25, 5508,276
17,274
17, 0297,5749,455
132, 392
75, 78848, 35227, 43636,68016,49620, 18419, 92411,7228,203
i on p. S
rs in the1963 Cei
af the N(
144.7135.2199.4227.5129.1
202.0129.7127.6141.1117.2
121.0114.0119.3120.8133.0133.4
176.9183.9
158.5148.8166.5
162.8166.7157.8169.1165.3164.7
143.3139.8144.2127.3
133.0181.3138.8162.4
179.6187.5178.1196.9216.9170.7
159.1158.5173.8191.0138.5
159.9150. 9147.2152.8
138.0123.1175.7
86, 699
44, 39323.23721,156
25, 6108,143
17,467
16, 6967,3729,324
133,856
76, 89649, 31027, 58636, 73416,58120, 15320, 22611,8358, 390
-5; those
Censusisus of \DV. 1966
143.7133.2198.7228.8
' 129. 0
'201.6132.0130.3
T 141.0119.3
123.0125.2
'119.0120.8
' 134. 2139.3
r 177. 7183.4
' 159. 2* 149. 1' 164. 9
162. 6167.3156.4
' 166. 5158.4163.5
r 143. 7' 139. 1' 145. 0
130.1
- 133. 7178.5139.1
' 162. 0
' 181.0189.3179.1196.0220.3179.5
r 158. 9' 156. 4
165.4190.3138.2
' 161.4' 153. 0
151.1' 154.0
' 139. 7' 125. 1' 177. 5
87, 875
45, 51123, 71521, 796
25, 3688,156
17,212
16, 9967,5399,457
135,549
77, 89750, 03727, 86036, 96116, 53620, 42520,69112, 1128, 579
for retai
3ureau ^WholesaleS U R V E Y .
r 145. 5133.7
' 199. 2230.1
' 128. 6
201.0* 131.9' 130. 4
140.2118.5
* 123.4120.7
'119.9* 122. 3r 140. 3' 138. 7
' 179. 6185.7
' 158. 1' 147. 7' 157. 8
' 147. 0141.3
' 154. 4r 165. 4r 154. 3' 163. 4
143.9138.7
r 145. 4r 130. 4
132.9' 179. 0^141.5
161.7
' 180. 5' 187. 8' 178. 0r 196. 7' 214. 5
176.1r 158. 3' 154. 3r 154. 5r 190. 6' 138. 7r 162. 5' 153. 7' 146. 4' 157.4
r 140. 6'125.3
179.7
'87, 386
'44,460'23,060'21,400
25, 687r 8. 200
'17,487
'17,239' 7, 501' 9, 738
'136,590
'78,886' 50, 620'28,266'36,92416, 491
' 20, 433'20,780'12,140' 8,640
1 trade o
•holesaleTrade;
' 146. 2134.8200.0
126.9
r 122. 4'115.7'119.5' 120. 3
141.1138.6
' 178. 0
'156.0' 144. 9
151.5
135.9' 120. 5
156 2162.4152.6159. 0
145.4
180.3142.9
' 179. 6186.1177.0197.1212.8
' 156. 2152.2148.0186.4140.2
' 160. 3152. 5146.4155.6
139.0' 123. 4
86, 609
43, 93522, 67421,261
25,6368,001
17, 635
17,0387,5339, 505
136,628
79, 29751, 02428, 27336, 62716, 31520, 31220, 70412, 0568.648
n p. S-l
samplecompara
147
122.9115120121
178.0
156.7145.8155
145137
146
180.0186
156.2152
160
139124
.
:ias beenble data
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
April 1967 SUEVEY
Unless otherwise stated, statistics through 1964and descriptive notes are shown in the 1965edition of BUSINESS STATISTICS
1965 1966
Annual
OF CURRENT BUSINESS s-5
1966
Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.
1967
Jan. Feb. Mar.
GENERAL BUSINESS INDICATORS—ContinuedBUSINESS SALES AND INVENTORIES— Con.
Inventory-sales ratios:Manufacturing and trade totalt t ratio
Manufacturing total doDurable goods industries..- . do
Materials and supplies doWork in process doFinished goods do
Nondurable goods industries doMaterials and supplies doWork in process doFinished goods do
Retail trade totalt doDurable goods stores doNondurable goods stores do
Merchant wholesalers totalt doDurable goods establishments doNondurable goods establishments do
MANUFACTURERS' SALES, INVENTORIES,AND ORDERS
Manufacturers' export sales:Durable goods industries (unadj ) total mil $
Shipments (not seas, adj.) total do
Durable goods industries, total 9 doStone clay, and glass products doPrimary metals do
Blast furnaces, steel mills . doFabricated metal products do
Machinery, except electrical doElectrical machinery doTransportation equipment do
Motor vehicles and parts doInstruments and related products do
Nondurable goods industries total 9 doFood and kindred products doTobacco products doTextile mill products,.. . _ . . . do _Paper and allied products doChemicals and allied products doPetroleum and coal products doRubber and plastics products do
Shipments (seas, adj.), total doBy industry group:
Durable goods industries total 9 doStone, clay, and glass products doPrimary metals do
Blast furnaces, steel mills doFabricated metal products do
Machinery, except electrical doElectrical machinery doTransportation equipment do
Motor vehicles and parts doInstruments and related products do
Nondurable goods industries, total 9 doFood and kindred products doTobacco products doTextile mill products doPaper and allied products doChemicals and allied products doPetroleum and coal products doRubber and plastics products do
By market category:Home goods and apparel - doConsumer staples do
Automotive equipment doConstruction materials and supplies doOther materials and supplies do
Supplementary market categories:Consumer durables doDefense products doMachinery and equipment do
Inventories, end of year or month:Book value (unadjusted), total... do
Durable goods industries, total... doNondurable goods industries, total do
By industry group:Durable goods industries, total 9 do
Stone, clav, and glass products doPrimary metals . do
Blast furnaces, steel mills doFabricated metal products do
Machinery except electrical doElectrical machinery. doTransportation equipment do
M^otor vehicles and parts do
1.46
1. 611.91.59.80.52
1.29.50.19.60
1.401.861.17
1.141.49. 87
9 941
483, 343
252, 24211, 75341,91022, 91624, 292
36, 49033 59368, 03945, 4128 347
231, 10180, 6784,864
19,31819, 38536, 03019, 17811,653
2 44, 9092101 3052 60 3002 50* 4032 37, 543
2 188, 883
2 19, 2832 27, 9652 47, 115
67, 62041, 83125, 789
68 015
42, 3241,6266, 3493,6784 856
8 5086, 0938,9303 3181 788
1.48
1.641.98.59.87.52
1.28.49.1959
1 421 971.16
1 141 49
85
11 437
528 448
276, 06911 92945 65123, 70726 024
40 20439 859
73 46046 4709 806
252 37987, 761
5 10420, 40721,77038 67620 517!•> 750
2 49, 6092 110 4512 67 8892 52 0452 38, 977
2 209 477
2 9] 219
2 33 2402 53 990
77, 39249, 43227 960
50, 0371,7467 1094 0435 314
9 949
7,65311,3693 5389 9-M
1.45
1.621.91.58.82.51
1.29.50.19.60
1 391 881.16
1.111.43
84
882
43,570
22,878885
3 7731,9192,110
3,3123 1936,4854,270
742
20,6927,234
4101,6721,7433,1451,6681 061
42,702
22,4331,0423 6431,8432 202
3,1793,1206 0493, 955
740
20, 2697,114
4331,6241,7103,1271,6381,051
3,9568 9615 3144 4103,361
16,700
1,7112, 5774, 192
69,44143,07026,371
69 040
42,8841,6436, 4863,7864 829
8 5756,2109, 0473 2761 Q99
1.42
1.581.86.56.81.49
1.26.49.19.59
1.371.801.16
1.091.39.83
983
45,218
23, 996976
3,9552,0762,203
3,5263,3326,6554,431
809
21, 2227,259
4301,7541,8103,4041,5971,113
44, 121
23, 2381,0783,7261,9302,288
3, 2853,2666,2434,096
803
20, 8837,257
4501,7291,7633,3261,6401,081
4,1409,1405 5294,5733,488
17,251
1,8172,6374,376
70, 04943, 59426, 455
69 648
43, 2731 , 6526, 5533,8134 779
8 6106, 3349, 1863 226i cm
1.46
1.621.93.58.84.51
1.28.49.19.59
1.421.981.16
1.121.45.84
934
44 918
23, 8691 0284 0742,1782 187
3 5063 2186 4964 280
794
21,0497,177
3981,6851,7703 4981,7221 124
43 540
22 708995
3 8032 0062 148
3,2263,2845 9393,844
800
20, 8327 255
4111,6701,7403,2601,7561 , 079
4,0809 0925 4534 2753,340
17, 300
1,7852,6384 301
70, 75544, 21926, 536
70 346
43, 7791,6626,5943,8174 754
8 6586, 4089,4813 2741 ««•*
1.48
1.611.93.58.84.51
1.27.49.19.59
1.472.161.16
1.131.48.85
984
44, 287
23, 5741,0203,9962,1082, 206
3,4403,1816,4154,118
790
20, 7137,245
4271,6621,7843,3651,6851,094
44, 071
22, 915932
3,7982,0122 129
3,2543,3136,1763,895
801
21,1567,340
4161,7231,7903,2141,7341,082
4,2049 1935 6264 3273,203
17, 518
1 7542,8324 353
71, 66844, 91026, 758
71 103
44, 2751,6886, 7003,8874 758
8 7566' 5529,4833 3141 Q39
1.47
1.631.97
59.86.52
1.27.50.19.58
1.432.041.15
1.111.48
82
956
46, 244
24, 6521,1144 0662,1042,332
3,6413,3966,6104,277
861
21, 5927,508
4651,7891,9293,4011,7481, 127
44, 125
22, 898979
3,8402,0122 144
3,3213.2306, 1143,908
813
21, 2277,334
4351,7041,8393,2601,7341,050
4,1899 1955 6054,3733,250
17, 513
1,7352,7304,375
72, 38045, 44426, 936
71 949
45,0031,6976, 7703,9174 782
8 9586,6889, 6343 2331 087
1.48
1.651.99.59.88.52
1.28.49.19.59
1.432.011.16
1.141.49.86
839
40, 412
20, 599990
3,5071,8812,006
3,0753,0654,9252,790
752
19, 8137,031
4321,4621,6992,9801,709
971
44, 327
23, 031940
4,0452,2102, 142
3,3633, 4965,7423,405
844
21,2967,274
4171,7171,8753,2371,7331,080
4, 2279,1995 7933,8573,181
18, 070
1,8032,8944,553
72, 68445, 63427, 050
79 958
45, 7901,6926, 7873,9114 837
9 0976,841
10,0063 3949 (Y>1
1.49
1.682.05.61.to.53
1.28.50.19.59
1.421.921.17
1.151.50. 86
881
43, 109
21, 4321,0743 7902,0072,263
3,1623 3154,4372,179
817
21,6777,411
4471,7911,9263,1871,7431 042
44,206
22, 874951
3 9222,0362 130
3,3643,3775 9153,550
851
21,3327 476
4251,7251,8783,2031,7181,064
4,1469 3735 7314 0313,165
17,760
1,7602,8494 510
73,77046,68027,090
74 110
46,8141,6986,9023,9664 916
9 3296, 998
10,3993 5379 AA9
1.51
1.702.07.62.91.54
1.29.50.20.60
1.411.931.16
1.151.52.86
990
46, 170
23, 7531,0753,9542,0672,341
3,4063,6685,8573,574
892
22,4177,787
4401,8451,9273,3751,7431,078
44, 091
22,971980
3,9192,0392,201
3,4223,4135,8453,569
833
21,1207,360
4301,6881,8433,1701,7281,043
4, 1629 3375 7534 0543,205
17, 580
1,7602,8224 559
74,41747,31927, 098
74. 884
47, 5681,6756, 9083,9935 048
9 5367,205
10, 5573 4899 inn
1.52
1.702.06.62.91.53
1.30.50.20.60
1.441.991.17
1. 171.55
87
1 003
46, 326
24, 1581,0753 8511,9812,232
3.4653 6416,5374.250
874
22, 1687,546
4181,8471,9083,3131,7941 109
44, 487
23, 451971
3 8391.9969 098
3,5593.4456 3894.033
847
21, 0367 220
4181,7041,8413, 2191,7811 , 029
4,1629 1385 9434 4943,086
17, 664
1 7882.8884 648
75. 29747, 99327, 304
7C 700
48. 3521,7036,9714. 0485 109
9 6657,383
10.7803 5189 1 r^n
1.54
1.732.12.63.94.55
1.30.49.20.60
1.432.041.15
1.211.61.90
1,016
44,711
23,425959
3, 7311,9012,142
3, 2703, 5406,5854,250
880
21,2867, 354
4331,7771,8603,0771.7331, 008
44,393
23,237979
3,8121,9832 180
3, 4683, 3866,2263, 853
856
21,1567, 334
4161, 7341,8783,1911,7391,036
4, 1969 263T 7974 3553,14617,636
1,8032,8644 546
76,38348,76427,619
"6 896
49,3101,7227, 0574,0775 214
q «527. 580
11,0913 5539 174
1.54
1.712.11.62.94.55
1.28.48.20. 60
1.462.031.19
1.221.61.91
1,114
43, 501
22, 982877
3,5751,7722,094
3,4493,4496, 4774,017
917
20, 5197,348
4171,6281,7822,9331,7531,039
45,511
23, 7151,0683,8931,9822,267
3,5833,3896,2683,899
845
21,7967,672
4261, 7521,9033, 2861,7191,111
4, 2269,5975 9464,3993,211
18, 132
1, 8222,9094,589
77, 39249, 43227, 960
77 897
50, 0371,7467,1094,0435 314
9 9427,653
11,3693 5389 914
'1.56
'1.77'2.20'.65'.98'.57
1.32.50.20.62
1.44'2.01' 1.17
'1.21'1.62' .89
'963
'41,626
'21,395'835
'3,632' 1, 889' 1,918
' 3, 169' 3, 149' 5, 822' 3, 713
'740
'20,231' 7, 085
'384' 1, 587' 1, 787' 3, 148' 1, 704'1,009
'44,460
'23,060' 1, 061' 3, 758' 1, 920' 2, 135
' 3, 492'3,463' 5, 881'3,568
'834
'21,400' 7, 381
'424' 1, 751' 1, 880' 3, 297' 1,688' 1, 079
' 4, 185' 9, 344'5 718' 4, 052' 3, 264
'17,897
'1,810' 2, 876' 4, 615
'78,881'50,433'28,448
'78 886
'50,620' 1, 772' 7, 140' 4, 088' 5, 272
'10 029' 7, 799
'11,717' 3, 608r 9 211
1.58
1.802.25.65
1.01.58
1.33.49.20.63
1.432.041.15
1.221.60.91
1,014
44, 812
23, 111869
3,7881,8782,124
3,6183,4506,0613,618
809
21,7017,448
4061,7301,9103,3231,7411,098
43, 935
22, 6741,0183,6571,8042,218
3,4773,3675,6643,354
808
21,2617,323
4291,6781,8753,3061,7171,088
4,1109,2795,7173,8273,269
17, 733
1,7672,9114,589
79, 72251, 22028, 502
79 297
51, 0241,7907,1724,1415,291
10, 1017,849
11,8893,6042.225
r Revised. 1 Advance estimate. • Based on data not seasonally adjusted.tSce corresponding note on p. S-ll.
9 Includes data for items not shown separately.JSee corresponding note on p. S-4.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
S-6 SUKVEY OF CURRENT BUSINESS April 1967
Unless otherwise stated, statistics through 1964and descriptive notes are shown in the 1965edition of BUSINESS STATISTICS
1965 1966
Annual
1966
Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.
1967
Jan. Feb. Mar.
GENERAL BUSINESS INDICATORS—ContinuedMANUFACTURERS' SALES, INVENTORIES,
AND ORDERS— Continued
Inventories, end of year or month— ContinuedBook value (seasonally adjusted)— Continued
By industry group— ContinuedDurable goods industries— Continued
By stage of fabrication:Materials and supplies 9 mil. $
Primary metals __ _ _ doMachinery (elec. and nonelec.) doTransportation equipment do
Work in process 9 - ._ _ _ doPrimary metals doMachinery (elec. and nonelec.) doTransportation equipment. _ _ do
Finished goods 9 doPrimary metals _ doMachinery (elec. and nonelec.) _ doTransportation equipment do
Nondurable goods industries, total 9 -.doFood and kindred products doTobacco products _ doTextile mill products doPaper and allied products doChemicals and allied products doPetroleum and coal products doRubber and plastics products do
By stage of fabrication:Materials and supplies doWork in process doFinished goods do
By market category:Home goods and apparel doConsumer staples _ _ _ . . _ . d oEquip, and defense prod., excl. auto doAutomotive equipment- doConstruction materials and supplies. _. doOther materials and supplies do
Supplementary market categories:Consumer durables _ _ _ _ _ d oDefense products doMachinerv and equipment . do
New orders, net (not seas, adj.), total do_ _ _Durable goods industries, total doNondurable goods industries, total do
New orders, net (seas, adj.), total . doBy industry group:
Durable goods industries, total 9 doPrimary metals do
Blast furnaces, steel mills _ _ _ do_ ..Fabricated metal products doMachinery, except electrical _ _ doElectrical machinery doTransportation equipment do
Aircraft and parts. _ ._ _ _ _. ._ do
Nondurable goods industries, total. _ doIndustries with unfilled orders© do. _ _Industries without unfilled ordersl do
By market category:Home goods and apparel doConsumer staples doP]quip. and defense prod., excl. auto doAutomotive equipment doConstruction materials and supplies doOther materials and supplies do
Supplementary market categories:Consumer durables __ . _, _ doDefense products doMachinery and equipment do
Unfilled orders, end of year or month (unadjusted),total mil $
Durable goods industries, total do
Unfilled orders, end of year or month (seasonallyadjusted), total _ _ . _ mil. $
By industry group:Durable goods industries total 9 do
Primary metals doBlast furnaces, steel mills do
Fabricated metal products doMachinery, except electrical doElectrical machinery doTransportation equipment do
Aircraft and parts do
Nondur. goods indust. with unfilled orders®. do
By market category:Home goods, apparel, consumer staples. _ . doEquip, and defense prod., incl. auto doConstruction materials and supplies doOther materials and supplies _ do
Supplementary market categories:Consumer durables . doDefense products doMachinery and equipment do
12,9432,3883,8162,278
18, 1092,1306, 6995, 465
11,2721,8314,0861,187
25, 6916, 0342, 3713,1301,9654 3351,756] 279
Q 9643 862
11 865
7,0219,844
14, 8354,0326, 054
26, 229
3,2876, 388
10,701
492, 272260, 732231, 540
?492, 272
260, 73241 01721,37824, 91438, 43435, 29272, 97322,044
231 , 54063,458
168, 082
45 057101,31565, 08151,05338, 058
191,708
19,44932, 53449, 679
64 89661,5433 353
66, 068
62 5345, 6462,7305,467
10, 3049,830
25, 99319,781
3,534
2,12434, 7326,041
23, 171
1,60124, 58716,000
14, 8022,6034,8772, 477
22. 2632,4777,8537, 512
12, 9722, 0294, 8651,380
27, 8606,3942, 3433,3332, 2715 0391,8691 402
10 5014 333
13 096
8,19010, 47618, 1664.3586, 537
30, 170
4,1898, 732
12, 592
542, 179289, 836252, 343
2512,179
289, 83646, 87924, 28526, 74342, 67742, 26979, 86127, 503
252, 34369, 463
182, 880
49,710110,45475,27552, 05839, 413
215,269
21,31840, 46956, 770
78, 63075,3153 315
79,917
76,4156, 9093, 3056, 221
12, 81612, 27932, 35026, 056
3.502
2, 23042, 205
6, 49328, 989
1,70431 76519,614
13,0042,4283,9012, 261
18,4682,2246, 7775,589
11,4121,8344,1071,197
26,1566,2302,3383,1691,9814,4601,8161 293
10,0723,877
1° 207
7,24710,03615,0544,0036,071
26,629
3,4236,58110,815
45,43424,57820,856
44,129
23,7413 9942,1412,2473,3173,3326,5742,092
20,3885, 604
14,784
3 9378,9605,8334, 3323,39917,668
1,6763,0354,584
69 15665,5433 613
68,814
65 1106,1023,0635,558
10,61310,35827,08220,846
3,704
2,21935,8036,099
24,693
1,67725,84116,575
12, 9882,4453,9632,188
18, 8072,2556,8435,802
11,4781,8534,1381,196
26, 3756,3572,3943,1741,9854 4601,8091 295
10 1533,893
12 329
7,32910, 25115, 2663,9416,072
26,789
3,4756,824
10,848
47, 39826, 09921, 299
45, 833
24, 8884,0572,1042,4113,5293,4896,8732,395
20,9455,745
15, 200
4 1739,1416,0364,5383,600
18, 345
1,8193, 3754,587
71 33767,6463 691
70, 527
66 7626,4343,2385,681
10,85710 58127, 71221, 566
3,765
2,25436, 2756,211
25 787
1,68026 57816.785
13, 1462,4904,0192,195
19, 1412,2446,9046,078
11,4921,8604,1431,208
26, 5676,4802,3953,1731,9974,5041, 8021,299
10, 3093,913
12 345
7,40310, 38015, 5573,9926,090
26, 924
3,5087,079
10, 939
46, 40125, 23821,163
45, 064
24, 1973,9052,0372,2063,5383,6126,5612,099
20, 8675,650
15, 217
4,0519,0926,2954,3433,426
17, 857
1,7843, 2994,788
72, 82269, 0183 804
72, 049
68,2506,5363,2695,740
11,16910,90928, 33322,006
3,799
2,22537, 1866,298
26, 340
1,67827, 23917, 273
13, 2982,4894,1202,226
19,3022,3376,9776,003
11,6751,8744,2111,254
26, 8286,5152,3943,1562,0284,6321,7951,309
10, 4393,991
12, 398
7,52110, 46615, 6554,0286,124
27, 309
3,6277,099
11,063
44, 74823, 96920, 779
45,321
24, 2764,3052,3312,2373,5533,4666,4881,942
21,0455,692
15, 353
4,2279,1975, 9374,5163,227
18,217
1,8122,9074,845
73, 27969,4103 869
73, 297
69, 6097,0423,5885,847
11,46811,06128, 64622,110
3,688
2,25037, 6876,320
27, 040
1,73627,31617, 762
13, 5072,4864,2662,221
19, 6932,3947,0996, 149
11,8031,8904,2811,264
26, 9466,5032,3833,2482,0684,6641,7761,323
10 5624,044
12 340
7,57310, 48516, 0343,9526,192
27,713
3, 7217,304
11,339
47, 66426, 12021, 544
45, 833
24, 5934 1092,1732,1633,6093,4876,9022, 569
21,2405,834
15,406
9 2026,3784 4183,219
18, 345
1,8173 6854,753
74 70570 883
Q ft'")O
75 009
71 3087 3123,7495 866
11,75711 31829, 43429 927
3,701
2, 34138, 503
6,29027, 875
1,81928, 26918, 14'2
13, 6532 4724,3902,227
20, 2352,4387,2216,522
11, 9021,8774,3271,257
27, 1686,5342,3663,2972,1314,7411,8041 345
10 5064,062
12 600
7,60910, 49916, 3304,1176, 202
28,201
3, 7657,513
11, 537
42, 31422, 52119, 793
45, 625
24,3714,1062,2772,2313,4263,7446, 6392,340
21,2545,952
15, 302
4,1749,2056,4643,8843,221
18, 677
1,7393,5035, 092
76, 60272,8013 801
76,310
72,6517 , 3743., 8165, 954
11. 82011. 56730, 33223! 420
3; 659
2, 29539, 198
6, 33028, 487
1,75728, 87918, 683
13, 9972,4954,5292,363
20, 6982,5017,3566,771
12,1191,9064.4421,265
27, 2966,3612,3503,3482,1714,8191,8291,364
10,6154,126
12, 555
7,76810,31316, 7094,2936,267
28, 760
3,8317,736
11,818
43, 80522, 24421, 561
44, 842
23, 5123,7921,9062,1283,7743,6035,9862,072
21,3305,938
15, 392
4, 1499,3735, 8914,0273,156
18, 246
1,7493,1554,813
77, 30073, 6153 685
76, 942
73, 2867,2443,6865, 952
12, 23011, 79330, 40223, 649
3,656
2, 29539, 354
6, 32028, 973
1,74429, 18418, 986
14,3092,4864,6732,452
20,9492,4527,4896,847
12,3101,9704,5791,258
27,3166,2742,3393, 3222,1944,8801,8131,368
10,5794,169
12,568
7,89310,24717,1254,2536,298
29,068
3,9227,925
12,096
48,08325,81022,273
46,318
25,2744,0472,1662,1063,7153,6767,5613,403
21,0445,792
15,252
4,1849,3307,7514, 1263,073
17,854
1,7584,6714,906
79,21375,6733 540
79,170
75,5917,3723,8135,85612,52412,05632,11925,274
3,579
2,31341,4266,188
29,243
1,74431,03319,333
14,4652,5054,7852, 449
21,4462,5047,6287,030
12,4411,9624,6351,301
27, 4366, 2842, 3403,3562,2144,9371,8191 386
10 5424, 251
I9 643
8, 00210,31317,4574, 2986. 380
29, 338
4, 0358,189
12, 228
46, 64924, 51822, 131
45, 243
24, 2443,8171,8812,2313.6473,5796, 8602, 237
20, 9995,822
15,177
4 1789,1316. 5844, 5943,173
17,583
1,8243, 3084.816
79, 53776, 0333 504
79, 923
76, 3827,3503,6985, 989
12.61112, 18932, 59025, 673
3,541
2, 32442,165
6, 27429, 160
1,78031,45319, 499
14, 5992, 5484,8462,468
21,9342,5037,7917,284
12,7772,0064,7951,339
27, 5866,3832, 3073,2862,2305,0001, 8351,422
10,5714, 253
12, 762
8,08310, 41517, 8774,3546,442
29, 725
4,1488,465
12, 471
43, 92722, 73821,189
44, 052
23, 0273, 5881,8342,2753,6753,5075,7141,679
21, 0255, 799
15, 226
4, 1249,2605, 5434,1843,200
17, 741
1,7642, 7274, 647
78, 75375, 3463 407
79, 581
76, 1707,1253,5506,084
12,81812,31032, 07825, 513
3,411
2,24741,7406, 330
29, 264
1,74031,31619, 602
14, 8022,6034,8772, 477
22, 2632,4777,8537,512
12, 9722, 0294,8651,380
27,8606, 3942, 3433 3332, 2715 0391 8691 402
10, 5014,333
13. 026
8,19010, 47618, 1664,3586,537
30, 170
4,1898,732
12, 592
43, 37722, 94920, 428
45, 845
23, 9603,6771,7372,4033,5823,3586, 5402, 410
21, 8856,091
15, 794
4,2079,5976, 6074,2003,373
17,861
1,7863,3594,603
78,63075, 3153,315
79,917
76,4156, 9093,3056,221
12,81612, 27932, 35026, 056
3,502
2, 23042, 205
6, 49328, 989
1,70431,76519, 614
'14,880r 2, 640r 4, 937r 2, 499' 22, 643
2,455-•7,911r 7, 852
r 13, 097' 2, 045r 4, 980r 1,366
'28,266r 6, 593' 2, 336' 3, 325' 2, 265' 5, 145' 1,930'1,444
r 10, 609' 4, 349
T 13, 308
' 8, 335'10,698' 18, 495' 4, 424' 6, 493
'30,441
'4,311' 8, 990
'12,719
'41,779'21,562'20,217
'43,408
'22,072'3,315'1,495'2,049' 3, 391' 3, 552' 5, 577'1,833
'21,336' 5, 934
'15,402
'4,175' 9, 344' 5, 192' 3, 851' 3, 177
'17,669
' 1, 826' 2, 846' 4, 545
'78,787'75,485
r 3 302
'78,863
'75,427' 6, 466' 2, 880' 6, 135
'12,716'12,368'32,046'26,061
' 3, 436
' 2, 219'41,479' 6, 405
'28,760
' 1, 720'31,735'19,545
14,7912,6354,9112,470
22, 9702,4947,9318,040
13, 2632,0435,1081,379
28, 2736, 5782,3713,3512, 2705,1701,9231,429
10, 5234,334
13,416
8,34910, 71418, 7414,4166,515
30, 562
4,3169,193
12, 793
44,71123, 02821,683
43, 436
22, 2433,4801,8072, 1893,2513,3625, 7162,254
21, 1935,795
15,398
4,0189,2795,7463,5803,281
17, 532
1,6673.2784.257
78, 68675, 4013 285
78, 362
74, 9956, 2882, 8826,106
12, 48912, 36332, 09826, 463
3,367
2, 12641,262
6, 41728, 557
1,62032, 10319,214
' Revised. 1 Advance estimate. 2 Data for total and components (incl. marketcategories) are based on new orders not seasonally adjusted.
9 Includes data for items not shown separately. ©Includes textile mill products,leather and products, paper and allied products, and printing and publishing industries; un-
filled orders for other nondurable goods industries are zero. 1For these industries (food andkindred products, tobacco products, apparel and related products, petroleum and coal prod-ucts, chemicals and allied products, and rubber and plastics products) sales are consideredequal to new orders.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
April 1967 SUKVEY OF CURKENT BUSINESS S-7
Unless otherwise stated, statistics through 1964
edition of BUSINESS STATISTICS
1965 1966
Annual
1966
Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.i
1967
Jan. Feb. Mar.
GENERAL BUSINESS INDICATORS—Continued
BUSINESS INCORPORATIONS^
New incorporations (50 States and Dist. Col,):Unadjusted. _ _ _ __ numberSeasonally adjusted© do
INDUSTRIAL AND COMMERCIALFAILURES d1
Failures, total _ . number
Commercial service.. _ _ _ _ _ _ _ d oConstruction doManufacturing and mining doRetail trade.. _ _ _ _ _ _ _ _ _ _ _ _ d o _Wholesale trade do
Liabilities (current), total thous. $
Commercial service doConstruction _ doManufacturing and mining . _ . .doRetail trade doWholesale trade _ _ . . . _ . _ _ d o
Failure annual rate (seasonally adjusted)No. per 10 000 concerns
203, 897
13,514
1,2992 5132 0976,2501 355
1 321 666
248 523290 980350, 324287 478144 361
i 53 3
200, 010
13, 061
1,3682 5101,8526,0761, 255
1,385,659
185, 202326, 376352, 861344, 346176, 874
i 51 6
16,58517,451
946
103167139430107
95 536
8,59524, 30618, 16335, 1659,307
44 1
20, 15617 266
1,226
130209171601115
103 471
11 00516 63029, 92829 74916 159
50 2
17, 29917 057
1,106
121206154509116
110, 141
20, 76135, 02422,01122, 4449, 901
47 4
17, 03616,644
997
10821012145999
96 376
26 40023, 83220, 16417.0548, 926
45 8
17, 50016 577
1,077
10021215751197
123, 575
27, 12320, 73628, 33032, 52814, 858
49 4
15,33616,074
1,017
94186144492101
69 876
4 45918,23319. 23018,7579, 197
52 3
16, 14916,343
1,249
112276191567103
178,088
38 35833, 19343, 49730, 48832, 552
60 8
14, 52815,764
1,042
12319515947095
129 162
14 43524,51350,41123 92815 875
56 6
15,24116,233
1,150
138213154542103
108 046
8 23024, 39934, 99226 04314 382
57 2
13, 98216.206
1,112
127214145526100
106 732
6 16124, 52333, 76827 34314 937
55 6
16,46716 583
1,055
111219157454114
161 481
11 65467.11029, 33838 63114, 748
52 4
18, 71416, 703
1,191
113223171558126
108, 172
8,04419, 36132, 81827, 30120, 648
55.4
15, 22515 987
1,216
152236160555113
113 450
12 74625, 05032, 32532 88710, 442
56 6
COMMODITY PRICES
PRICES RECEIVED AND PAID BYFARMERS
Prices received, all farm products}: 1910-14 = 100. _
Crops 9 doCommercial vegetables... doCotton... _ _ _ _ _ _ d oFeed grains and hay __doFood grains _ doFruit . doTobacco do
Livestock and products 9 doDairy products . _ _ doMeat animals doPoultry and eggs . do
Prices paid:All commodities and services _ _ do
Family living items doProduction items do
All commodities and services, interest, taxes, andwage rates (parity index) 1910-14 = 100
Parity ratio § _ _ _ do
CONSUMER PRICES
(U.S. Department of Labor Indexes)
Unadjusted indexes:All items 1957-59 = 100
Special group indexes:All items less shelter . doAll items less food doCommodities do
Nondurables... . . . doDurables 9 do
New cars doUsed cars do
Commodities less food _ doServices.. do
Services less rent. doFood 9 do
Meats, poultry, and fish doDairy products .doFruits and vegetables do
Housing doShelter 9 . do
Rent doHomeownership do
Fuel and utilities 9 . doFuel oil and coal doGas and electricity do
Household furnishings and operation doApparel and upkeep . .. doTransportation. . do
Private.. _ __. _ doPublic do
Health and recreation 9 doMedical care ._ " " "doPersonal care doReading and recreation do
Seasonally adjusted indexes:*Food doApparel and upkeep doTransportation do
248232261245173164236513
261261319145
288306276
321
77
109 9
109 6110 4106 4107 9102 699 0
120 8105 1117 8120 0108 8105 1105 0115 2
108 5110 6108 9111 4107 2105 6107 8103 1
106 8111 1109 7121 4
115 6122 3109 9115 2
265
235291215179185242551292293356160
298315285
334
80
2 113 1
112 9113.0109 2111 8102 797 2
117 8106.5122 3125 0114 2114 1111.8117.6111 1114 1110 4115.7107.7108 3108 1105 0109.6112 7111 0125 8
119 0127 7112 2117 1
270
232312224174173232545
303277384170
295312282
32982
2 in 6
111 4111 3
108 0110 6101 897 2
114 0
105 4119 7122 0113 1115 7107.0116 5
109 4112 1109 8113 3106 5109 0108 2103 8107 6111 1109 6199 0
117 1124 5110 8115 9
113 1108 0111.4
269231291236170171234545
303277380174
'296r 313
284
33181
112 0
111 9111 6108 4111 1102 097 1
115 4105 6190 1122 5113 9116 9108 1117 4109 6112 3109 9113 5106 6108 9108 2104 0
108 2111 4109 9199 1
117 6125 3111 0116 6
114 2108 5111.8
265936313240172168243547°91272365161
296314283
333
80
112 5
112 4112.2
108 8111 4102 397 4
117 4
106 0121 1123 6114 0115 6108.9119 8110 3113 0110 1114 3
108.3108.5108 3104 4108.7112 0110 5122 1
118 1125 8111 6116 8
114 3108 8112.3
263239290240175174262546284266361150
296315283
333
79
112 6
112 4112 5
108 8111 3102 597 0
117 5
106 3121 5124 1113 5113 9109.3119.2
110 7113 5110 2115.0108.2108.0108 2104 6109.3112 0110.5122 1
118 4126 3112 0116 8
114 0109 4112.0
264241281246175189269546
283267359147
296314283
333
79
112 9
112 6112 8
109 0111 5102 696 8
118 2106 4122 0124 8113 9114 2109 6121 7111 1114 1110 2115 8108.0107 0108 1104 8109 4112 2110 7122 8
118 7127 0112 2117 0
114 0109 5112.3
267
245304252182204224546
285285351153
297315285
334
80
113.3
113.1113.2
109 3111.8103 096.7
120 3106.7122 6125.5114 3114.3111.0121.5111 3114 4110 3116.2107.9107.0108 1105 1109 2113 5111 5129 1
119 1197 7112 5117 9
113 2109 6113.4
272
241309179188199241559998301365162
299317287
335
81
113 8
113 6113 4
109 8112 5103 095 8
129 i
106 6123 0195 9115 8114 5114 8122 3111 5114 6110 6116 4
107 9107 0108 1105 2109 2113 5111 6199 2119 5198 4112 7117 4
115 5109 6113.' 5
270236270179190198255571299318354168
301318939
337
80
114 1
113 9113 8110 0112 91Q9 7
94 4120 1107 0123 5126 5115 6114 8116 0116 6111 8115 0110 7116 8108 0107 4108 1105 7110 7113 3111 3199 5119 9129 4113 0117 5
115 3110 5113^5
266233259190184188274563294328343160
300318287
337
79
114 5
114 3114 4110 3113 1103 598 4
120 8107 6124 1127 1115 6113 8117 1115 3112 9
115 5111 0117 4108 1108 3108 0106 1111 5114 3112 3199 6120 4130 4113 3118 0
115 8110 8114.1
259230295185183189232540
284325323163
300318286
337
77
114.6
114.4114.8
110 2112 9103 599 3
119 3107 8124 7127 7114 8111 8116.7114 9112 6115 8111 2117 8108.3108 9108 1106 5112 0114 5112 6129 6
190 8131 3113 4118 3
115 3111 3114.0
258
230279186187191219564282321392158
300318287
33777
114 7
114 3114 9
110 1113 0103 198 6
114 2
107 7125 2128 3114 8110 9116.5114 3
113 0116 4111 3118 6108.4110 2107 9106 7112 3113 8111 7129 8
121 0131 9113 7118 4
115 3111 7113.3
255224282168186187201
281311330152
301318289
340
75
114.7
114 2114.8109 9112 7102 797 6
113 0
107.3125 5128 8114 7110.3116.4115. 3113 1116 5111 4118.7108. 6110.5108 3106 7
111.3113 4111 4129 8
121 4132 9113 8118 5
114 9111.9113.2
252223283175184179195561277307328142
301318288
33974
114.8
114.3115.2109.9112.7102.897.3
114 0107.6125 9129.2
114 2110.7116.1114.2113.3116 8111.7118.9108.7111.1108 3107 0111.9113.8111.8130.0
121.8133.6114.1118 6
114.0112.3114.3
250224282173186189196559
273301323144
302319289
34074
T Revised. i Based on unadjusted data.2 Beginning with indexes for Jan. 1966, data for six additional areas (Cincinnati, Houston,
Kansas City, Milwaukee, Minneapolis-St. Paul, and San Diego) have been incorporatedinto the national CPI. These areas were "linked" into the CPI as of Dec. 1965 and werefirst used in calculating the Dec. 1965-Jan. 1966 price change.
cf Compiled by Dun <fr Bradstreet, Inc. (failures data are for 48 States and Dist. Col.).0Revised seasonally adjusted data for Jan. 1964-Nov. 1965 will be shown later.
^Revisions for Jan. 1963-Mar. 1965 are available upon request.§ Ratio of prices received to prices paid (parity index). 9 Includes data for items not
shown separately. *Newseries. Beginning with indexes for Jan. 1966, seasonally adjustedindexes for selected groups and subgroups of the CPI were published by the Dept. of Labor.Additional information and a description of the BLS Seasonal Factor Method are availablefrom the Bureau of Labor Statistics, U.S. Dept. of Labor, Washington, D.C. 20212.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
S-8 SURVEY OF CURRENT BUSINESS April 1967
Unless otherwise stated, statistics through 1964and descriptive notes are shown in the 1965edition of BUSINESS STATISTICS
1965 1966 P
Annual
1966
Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.
1967
Jan. Feb. Mar.*
COMMODITY PRICES—Continued
WHOLESALE PRICEScft(U.S. Department of Labor Indexes)
Spot market prices, basic commodities:22 Commodities .. _1957-59 = 100
9 Foodstuffs ..do13 Raw industrials do .
All commodities t do
By stage of processing:Crude materials for further processing doIntermediate materials, supplies, etc doFinished goodsO do
By durability of product:Durable goods doNondurable goods doTotal manufactures do
Durable manufactures do.Nondurable manufactures do
Farm prod., processed foods and feeds H do
Farm products 9 doFruits and vegetables, fresh and dried-doGrains doLive poultry* doLivestock* do
Foods and feeds, processed 9* do !Beverages and beverage materials* do jCereal and bakery products do ]Dairy products do..Fruits and vegetables, processed® do..Meats, poultry, and fish do_.
Industrial commodities §- .do-
Chemicals and allied products 9 do..Agric. chemicals and chem. prod.* do..Chemicals, industrial do.Drugs and Pharmaceuticals do.Fats and oils, inedible do.Prepared paint do..
Fuels and related prod., and power 9 doCoal doElectric power Jan. 1958 = 100-.Gas fuels doPetroleum products, refined 1957-59 = 100..
Furniture and household durables 9 doAppliances, household doFurniture, household doHome electronic equipment* A do
Hides, skins, and leather products 9 doFootwear doHides and skins doLeather do
Lumber and wood products doLumber do
MachinerMachinery and equipment 9 * do |Agricultural machinery and equip do IConstruction machinery and equip do..Electrical machinery and equip... do..Metalworking machinery and equip.*._do_.
Metals and metal products 9 do..Heating equipment do..Iron and steel do_.Nonferrous metals do..
Nonmetallic mineral products 9 __________ doClay prod., structural, excl. refractories*
_C on crete products _____________________ doGypsum products ______________________ do
Pulp, paper, and allied products _________ doPaper ___________________________________ do
Rubber and products ____________________ doTires and tubes ________________________ do
Textile products and apparel 9 do..Apparel _ _ _ d o _ .Cotton products do..Manmade fiber textile products do.Silk yarns do..Wool products do.
i 104. 7J 91.9
i 114.6
102.5
98.9102.2 I103.6 !I
103.7101.5102.8103. 7101.9
102. 1
98.4101.889.687.2
100.5 i
106.7 !
105. 7 :109.0 1108.5 !102.1 i101.0 i
102.5 I
97.4101. 895.094.4
112.7105.4
98.9 I96.5
100.8 I124.1 i95.9 i
98.089.2
106.285.2
109.2110. 7111.2108.1 j101.1 I101.9 |
105. 0115.1115.396.8
113.6
105.791.7
101.4115.2
101.7
106. 6101. 5104.099.9
104.192.990.0
101.8103.7100.2 !95.0
134.3104.3 j
1 109.5i 101.9i 115.2
105.3104. 8106.9
106.0105. 6105.7106.0105.3
108.9
105. 6102. 5
97. 391.4
110. 0
113.0105.8115.4118. 5104.8110.2
' 104.7
97.8102. 895.794.5
102. 8' 106.8
101.398.6
100.3128.999.5
99.189.1
109.183.6
119.7118.2140.8
r 121.1105.6
r 108. 5
108.2118. 5118.999.0
118.
108.392.5
102.3120.
102. 6
108.4103.0102.4102.6107.394.
'93.3
102.1105.0102.5'89. 5153.6
'106.0
Transportation equipment 9 * do.Motor vehicles and equipment do _
Miscellaneous products 9 * do_Toys, sporting goods, etc do..Tobacco products* do.
PURCHASING POWER OF THE DOLLAR
As measured by-Wholesale prices 1957-59=$!. 00,.Consumer prices do
100. 7104. 8102.7106.2
$0. 976.910
100. 8106.8104.1109.
$0.945.884
113.8101.9122.9
105.4
107.5103.8106.3
104.9105. 5104.9104.8104.8
113.6100.7123.5
105.4
106.9103.9106.4
105.3105.3105.0105.1104.7
109.8 j 109.4
107.498,092.995.4
119.5
113.0105.7112.1113.0105.2114.9
97.6102.895.2 |94.5
110.0105.9
100.398.2
100.4128.997.8
98.4 I89.0
107.2
117.8 '115.0 i152.8 i118.0103.7105.6 !
I106.5117.8117.597.8
116.5
107.591.7
102.2119.5
102.1
107.8102.1101.4 i101.3105.494.191.1
102.0104.7101. 591.0
155.3105.8
100.4105.4103.3106.6
$0.949.896
106.8101.790.8
100.9115.9
112.2105.7112.2115. 0104.8113.3
104.0
97.6102. 895.294.4
106.4105.9
99.997.5
100.4128.297.2
98.489.1
107.283.5
118.7115.4147.8123.3105.6107.2
106.9118.0117.998.2
116.7
108.091.8
102.3120.8
102.1
108.0102.2101.4101.8105.494.391.1
102.1104.7101.890.8
151.4106.0
100.3106.5103.3109.8
$0.949.893
112.5100.8121.5
105.5
110.7100.4118.3
105.6
111.4102.0118.4
113.1105. 3118.8
105.7 1 106.4
106.3104.3106.3
105.7105.1105.1105.6104.6
108.7
106.4 i111.0 |91.2 I95.1 i
114.7 ij
111.5 I105.7 ;112.6 i114.8 i104.8 !110.9 j
105.7 105.6 i 107.8104.8 '' 104.9 ! 105.4106.2 106.4 ! 107.0
106.1105. 0105.5106.1104.8
106.2 !105.2 j105.6 l106.1 !105.1 !
104.5103.393.6
101.3111.5
111.8105.7113. 0114.9105.4
104.299.794.995.6
110.1
112.0106.1114.0116.5104.9
110.9 109.9
104.3 104.7
103.395.694.1
104.0106.2 |
100.0 |94.9
100.3129.297.7
103. 696.0 I94.1 j
102.5 i106.2
100.496.9
100.2128.398.4
104.9
97.6102.995.894.3
101.6106.8
101.597.2
100.2128.5100.2
98.9 98. 989.3 1 89.4 I 89.4
108.3 ! 108.9 i 108.983.5 83.5 i 83.5I
120.6118.2148.8122.4108.4110.8
107.2118.1118.598.4
116.8
108.292.1
102.0122.1
102.3
108.1102.7101.4102.3106.095.494.4
102.2104.7102.390.5
151.6106.3
122.8118.9163.0125.1109.6113.2
107.8118.2118.998.9
118.0
108.492.1
101.8122.5
102.4
108.1102.7102.2102.7107.195.494.4
102.2104.9102.689.9
140.9106.4
122.9118.9161.0126.6107.7112.0
108.1118.4118.998.8
119.0
108.792.5
102.0123.2
102.5
108.4103.0102.7103.0108.095.494.4
102.2104.8102.890.0
143.8106.5
106. 2106. 4106. 0106. 1105. 8
107.9 107.7 ! 109.9
107. 8107. 0103.194.2
108. 7
113.8106. 3115. 5119.8104. 5110.0
105. 2
102. 695.994.5
1C5. 3106.8
101.497 6
100. 3128. 399.9
99.089.1
109.183.5
122.7119.0156.4126.0106.6110.5
108.3118.5118.999 0
119.0
108.892.9
102.2122.9
102.7
108.5103.1102.7103.2108.295.193.9
102.4105.0103.090 1
152.1106. 7
110.6 ! 107.3 ! 103.7 ! 102.6 \ 102.8109.1 i 105.1 j 100.1 I 98.1 i 98.6111.7 j 108.9 i 106.3 105.9 i 105.8
1 1 1106.8 \ 106.8 106.2 i 105.9
107.4 I105.8 !
107.5
106.2107. 0106.4106.3106.5
111. 3
108.197.7
105.6
106.1 103.6 [ 101.1 i 100.8105.6 105.3 i 105.3 j 105.4108.1 i 107.8 107.8 i 107.6
115. 7106.4118.9124. 0102. 3111.1
106.2 !107.1 !106.4106.3106.5
111. 5
108.7110.4104.697.5
109.2
115.5105.6118.9124. 2103.7112.2
106.6105.8106.3106.7105.8
104.4 I97.9 j98.983.1
106.5
113.9105.6118.7124.5105.7108.1
106. 9105.1106.2107.0105.3
107.1
102.5 I104.2 i98.085.1 !98.4 I
112.6 |105.6 !118.7 !122.6105.9104.2
107.1104.9106.2107.2105.2
106.7
101.8101. 3101.577.297.9
112.8105.8118.0122. 3105. 8104.4
105.2 105.2 | 105.3 I 105.5 I 105.5
97.9101.995.894.7
105. 5106. 8
102. 098.5
100. 3128.9100.7
99.188.8
109.483.1
121. 2119.1141.2124.9 !106.2110.2
108. 5118.3118.999.1
119.5
108.592.5
102. 7120. 4
102.7
108.7103.3102. 7103.2108.495.193.9
102.4105. 2103.389.6
156.7106.6
98.0 |102.2 i95.8 !94.8 I
103.8 i106.8 |
102.2 i99.6 !
100.3129.2101.0
99.288.7
109.883.3
119.9 I119.1 1134.2121.8105.9109.5
108.9118.2119.499.2
120.5
108.492.9
102.5119.9
103.0
108.7103.6102.7103.1108.494.793.4
102.2105.1103.188.6
158.6106.1
97.9102.895.995.094.5
107.3
102.6100.6100.2130.7101.3
88.9110.383.8
118.7120.1120.8117.5104.8108.0
109.4118.5119.899.5
121.1
108.693.3
102.5120.3
103.2
108.8103.5102.7103.1108.494.693.4
102.2105.3103.388.1
161.1105.6
98.0 i103.3 !96.0 i95.0 |91.6 |
107.8
102.7 I101.9100.3130.6101.3
98.2103.196.494.795.1
108. 5
102.0102.4100.8127.4100.2
100.3 i 100.489.2 I 89.2
111.5 ! 111.883. 8. I 83. 8
117.5 !120.1 i114.3114.1103.0105.6
110. 2120.4120.6100.7121.5
109.093.4
102.8121.0
103.3
109.3103.5103.5103.0108.595.093.9
102.1105.5103.087.7
161.1105.1
100.2 ! 100.9 100.7106.7 | 106.8 i 106.9103.7 i 103.7 103.7110.2 i 110.3 110.3
$0. 948 $0.947 $0. 946
100. 7107.1104. 5110.3
$0. 940.883
100. 5 100.1107.1 107.1104.9 I 104.8110.3 110.3
$0. 936.876
"l6i:7 | lpl.7107 2 1°7-4105.0 104.8110.3 H0.2
117.3120.3109.2116.2102.5104.5
110.7120.8121.0101. 5121.8
109.093.4102.9120.5
103.3
109.1103.9103.5103. 0108.595.093.9
101.8105. 4102.786.9163.2104.8
101.7107,5104.8110.3
$0 942 $0. 944 $0. 944.873 - 873
102.997.5
106.8
102.097.5
105.2
100.096.3
102.5
106.2 ! 106.0 I 106.0
102.1 i105.6 i107.7 !
107.4 !105.2 !106.4 i107.5105.3
101.0 ;105.5 i107.6
107.6104.7106.4107.7105.1
' 107. 0 f 105.:
102.6101.8100.788. 1
101.4
112.8105.8117. 6121.8105.9105.4
r 101.0104.595.897.199.5
111.7105.9117.3121.2104.3104.7
100.7
110.9
105.8 ! r 106. 0 i 106.2
98.4104.296.6
'94.7'92.3108.7
• 102. 5102. 3
• 100. j6• 134. 1100.3
• 100. 4'89.6
•111.983.6
•117.9f 120. 9'110.1
116.9' 102. 6' 104. 5
111.1' 121 .5r 121.3r l O l . 9121.9
109.4'92.6103.0121.8
98.5105.4 !96.9 ^94.2 i89.1 :
108.7 |
103.3 i102.3 i100.6 i134.0 !101.9 |
100.4 !89.7 !
112.0 I83.5 !
118.0121.6107.8116.3103.6105.4
111.2121.7121.4101.8122. 2
109.692.3
103.2122.3
103.6 i 103.7
109.3103.9103.5103.1108.5'95.6'94.9
102.0• 105. 7102.587.1
166.1• 104. 7
109.3 1104.4 i103.5 !103.3 !108.5 j95.8 |94.9 I
102.0 !105.9 j101.887.1
164.1 !104.7
101.6 I 101.6107.9 i 108.0
• 105. 2 I 105. 3110.3 i H0.3
$0.942.872
$0.943 I $0.943.871 I
'Revised. ? Preliminary. » Computed by OBE. cfFor actual wholesale pricesof individual commodities, see respective commodities. {Beginning Jan. 1967, indexesincorporate revised weighting structure reflecting 1963 values of shipments; details regardingweight revision as well as changes in classification structure are available from the Bureauof Labor Statistics, U.S. Dept. of Labor, Wash., D.C. 20212. OGoods to users, incl. raw
foods and fuels. ^Formerly "farm prod, and processed foods." 9Includes items notshown separately. *New series; data prior to Feb. 1966 (where available) may be obtainedfrom BLS. 0Formerly "canned and frozen fruits and vegetables." §Formerly"commod. other than farm prod, and foods." AFormerly "television, radio receivers,and phonographs."Digitized for FRASER
http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
April 1967 SUEVEY OF CUERENT BUSINESS S-9
Unless otherwise stated, statistics through 1964and descriptive notes are shown in the 1965edition of BUSINESS STATISTICS
1965 1966
Annual
1966
Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.
1967
Jan. Feb. Mar.
CONSTRUCTION AND REAL ESTATE
CONSTRUCTION PUT IN PLACE f
New construction (unadjusted), total mil. $_-
Private, total 9 . -_ doResidential (nonfarm) do
New housing units doNonresidential buildings, except farm and pub-
lic utilities, total 9 mil. $Industrial doCommercial do
Farm construction doPublic utilities do
Public total 9 do
Buildings (excluding military) doResidential do
Military facilities doHighways and streets do
New construction (seasonally adjusted at annualrates) total mil $
Private, total 9 - do
Residential (nonfarm) doNonresidential buildings, except farm and pub-
lic utilities, total 9 mil $Industrial doCommercial _ do
Farm construction doPublic utilities do
Public, total 9 do
Buildings (excluding military) . _ do_Residential do
Military facilities doHighways and streets do
CONSTRUCTION CONTRACTS
Construction contracts in 48 States (F. W. DodgeCo.):
Valuation, total mil. $
Index (mo. data seas, adj.) 1957-59=100--
Public ownership mil $Private ownership doBy type of building:
Nonresidential doResidential _ _ do
Non-building construction doNew construction planning:
(Engineering News-Record): § doConcrete pavement awards:
Total thous. sq. ydsAirports doRoads doStreets and alleys doMiscellaneous do
HOUSING STARTS AND PERMITS
New housing units started:Unadjusted:
Total, incl. farm (private and public) thous--One-family structures do
Privately owned.. do
Total nonfarm (private and public) .. doIn metropolitan areas do
Privately owned do
Seasonally adjusted at annual rates:Total, including farm (private only) doTotal nonfarm (private only) do
New private housing units authorized by bldg. per-mits (12,000 permit-issuing places) :
Seasonally adjusted at annual rates:Total thous-.
One-family structures do__
CONSTRUCTION COST INDEXES
Dept. of Commerce composite 1957-59=100--American Appraisal Co., The:
Average, 30 cities 1913—100Atlanta _ doNew York . doSan Francisco doSt. Louis do
Associated General Contractors (building only)1957-59=100.-
r Revised. 1 Not yet available; estimate inclucrevisions not distributed to months. 3 Compu"Data cover 6 months.
f Revised series. Monthly data for 1962-64 appear
71, 930
49, 99926, 68920, 765
16, 5215 0866, 7041, 1955, 178
21, 931
7,716464883
7,547
2 49, 272
3 143
2 16, 2092 33, 064
2 17,2192 21, 2482 10, 805
45, 625
125, 5804,410
86, 77929 0165,376
1, 542. 7963.5
1, 505. 0
1, 520. 41,067.51,482.7
1,241710
116
824904925814808
123
led in totted from
on p. 40 o
73, 866
50, 62324, 63318, 773
18, 7346,7796,8871,2085, 564
23, 243
8, 516550770
8, 324
2 50, 1 50
3 145
2 18, 152231,998
2 19 3932 17, 8272 12, 930
52,112
119, 1084,187
87, 83423 6433,443
1,251.9' 794. 7
'1,220.2
1, 228. 6' 850. 7
' 1,196. 9
966566
121
867941963867852
127
al. 2 Acumulati
f the May
4,748
3, 3891,6271,315
1,26645345191
354
1,359
6223652
305
78, 920
54, 290
27, 463
19, 3886,6297,2941,1905,512
24, 630
9,391508823
8,203
3,592
157
1,0842, 509
1,3641,412
816
3,942
81.046.878.2
79.555.476.7
1,3741,349
1,197652
118
843916946840822
124
nnual tove valu
1966 Su
5,544
3,8611,8731,443
1,45251153092
395
1,683
6593869
511
79, 499
55, 066
27, 279
20, 4957,0737,6721,1945, 409
24, 433
8,741547
1,0098,550
4,737
158
1,4633,274
1,7262,0041,007
4,608
25, 684513
21 2983,161
711
130.980.9
126.3
128.791.4
124.1
1,5691,538
1,268743
118
845917949841830
124
tal incluation to
RVEY.
6,228
4,3082,1911,620
1,54656555091
431
1,920
7124266
657
78, 578
54, 347
27, 437
19,5727,1757,0971,1975,458
24, 231
8,455573887
8,791
5,098
161
1,5743, 524
1,8832, 0811,134
3,686
149.295.4
147.1
146.9106.8144.8
1,5021,481
1,185660
119
854926954852836
125
destal.
6,579
4,4972,3671,734
1,53355753796
458
2,082
7454456
769
76, 135
52, 284
27, 023
18, 2276,8566,1261,2015,301
23, 851
8,455569650
8,783
5,132
156
1,9023,230
1,8261,9701,335
3,578
139.388.1
135.4
136.191.7
132.2
1,3181,287
1,098596
120
858927954852853
126
9Inc§Dat
7,044
4,7892,5341,848
1,621612573102495
2,255
8024874
867
74, 795
52, 108
26, 156
18,7127,5486,3431,2055,617
22, 687
8,339551744
8,257
4,854
147
1,9372,916
1,8851,8281,140
4,902
34, 1191 419
23 8148 027
859
130.783.8
127. 5
128.387.5
125. 1
1,2851,261
954574
121
863927954852853
127
ludes daa for Mas.
6,955
4, 6522,4121,846
1,612616585111481
2,303
7795064
962
72, 456
50, 061
25,115
17, 8847,1636,2801,2105,490
22, 395
8, 223545800
8, 175
4,797
147
2, 0202, 778
1,8131,4841,499
2,362
104.871.4
104.0
103.169.6
102.3
1,0881,068
921543
122
877950969887863
128
ta not shr., June,
6,915
4,6472, 2661,754
1,722631639115509
2,268
7655270
926
72, 215
49, 668
23, 927
18, 5467, 1646,4821,2135, 624
22, 547
8,316550746
8, 145
4,323
139
1,5682, 754
1,7291,5151,079
3,807
107.371.2
105.4
105. 271.8
103.3
1,1071,084
844491
122
881952971888863
128
own sepaSept., a
6,734
4,5472,1351,650
1,759621653110509
2,187
7345275
876
72, 498
49, 725
23, 100
19, 3386,9137,0541,2185,711
22, 773
8,358550848
8,216
4,103
146
1,3792, 724
1,6761.2801,146
5,937
95.262.692.4
93.063.990.2
1,0751,050
733450
122
883953980890864
128
rately.nd Dec.
6,435
4,3021,9681,507
1,670587635107523
2,133
7285565
845
69, 307
46, 754
22, 012
17, 5746, 2236, 6081.2225, 575
22, 553
8,369553655
8,240
4,106
139
1,6072,499
1,7961. 2251,086
4,533
82.855.280.2
80.653.778.1
848826
714434
122
884969980890864
128
1966 and
6,074
4,1401.7951.356
1,672609624102535
1,934
6785065
720
69, 856
46,811
20, 830
18, 5316,4447,0511,2255, 792
23, 045
8,413556716
8, 266
3,461
130
1,3572,104
1,4241,076
961
4,434
77.650.975.3
76.250.673.9
1,012993
715441
123
885970979886878
129
Mar. 19
5,453
3,8401, 6221,217
1,57957560099
507
1,613
6454560
496
69,934
46,876
20,459
18,8686,2507,5161,2305, 891
23,058
8,450560726
8,291
3,189
133
1,2871,903
1,358903928
6,940
4 59, 3064 2 255
4 42 7234 12, 455
4 1 873
65.7' 40. 3
63.6
64.4'46.8
62.3
1,0891,066
759477
122
887970979884879
129
67 are fo
4,723
3.2771,3791,033
1,36145350796
407
1,446
6084148
404
71,066
47,868
20,740
19, 6476,1367,800
' 1, 2325,811
23,198
8, 568561650
8,333
2,838
126
1,1131,725
1,175937726
4,940
'67.7'40.6'65.1
'66.3'47.2'63.7
' 1, 297' 1, 266
942549
123
889970992890883
129
• 5 week
4,312
3,0151,239
942
0)0)0)
94376
1,297
57539
0)314
71,706
48, 282
21, 156
0)0)(0
1,2335, 833
23, 424
8,628566
0)8,354
3,300
143
1,1882, 112
1,4301, 056
814
5,401
'65.242.7
'63.4
'64.144.8
'62.3
' 1, 151' 1, 135
'894551
123
891970997890883
129
^; other i
5,029
97.5
96.0
95.2
"~93.~7~
1,1711,144
924561
129
nonths.
255-322 O - 67 - 4
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
S-10 SURVEY OF CURRENT BUSINESS April 1967
Unless otherwise stated, statistics through 1964and descriptive notes are shown in the 1965edition of BUSINESS STATISTICS
1965 1966
Annual
1966
Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.
1967
Jan. Feb. Mar.
CONSTRUCTION AND REAL ESTATE—Continued
CONSTRUCTION COST INDEXES— Con.
E. H. Boeckh and Associates, Inc.: tAverage, 20 cities:
All tvpes combined 1957-59=100..Apartments, hotels, office buildings doCommercial and factory buildings doResidences ._ _. _do_ _.
Engineering News-Record:Building .. _ do.Construction do
Bu. of Public Roads— Highway construction:Composite (avg. for year or qtr.) 1957-59=100..
CONSTRUCTION MATERIALS
Output index:Composite, unadjusted 9 1947-49=100
Seasonally adjusted do. _
Iron and steel products, unadjusted . doLumber and wood products, unadj do_ _Portland cement , unadjusted do
REAL ESTATE
Mortgage applications for new home construction:Applications for FHA commitments
thous. units..Seasonally adjusted annual ratesj do
Requests for V A appraisals doSeasonally adjusted annual ratest - -do ..
Home mortgages insured or guaranteed by-Fed. Hous. Adm.: Face amount mil. $_.Vet Adm.: Face amount § do
Federal Home Loan Banks, outstanding advancesto member institutions, end of period mil $
New mortgage loans of all savings and loan associa-tions, estimated total mil $
By purpose of loan:Home construction doHome purchase doAll other purposes do
Nonfarm foreclosures number
Fire losses (on bldgs contents etc ) mil $
117.2118.5117.2115.2
118.9127.8
105.7
156. 3
161.1155. 3186.2
188.9
102.1
7, 464. 592 652.23
5 997
23 847
5 92210 6977 228
116 664
1 455 63
122.1123.2122.2120.2
123.8134 3
113.0
169 0155.0189 8
153.0
99.2
6, 095. 322 600 53
6 935
16 729
3 6047 7485 377
117 473
1 496 76
119.5120.6119.5117.6
121.7131.2
137.4155.2
144.2150.2101.6
13.81795.4
72
511.89189. 76
5,739
1 554
307645602
9 211
131 10
119 8120.8119 8118 0
122.0131 4
109.0
171.8177.6
189.9178.4172 2
17.71609.1
92
607.09163 04
5 687
1,998
454814730
10 179
133 36
120.3121.4120 3118.7
123.1132 4
168.4165.4
189.0167.8184.7
16.0168
10.1111
515.71131.82
6,516
1 888
430798660
9 765
123 59
121.2122.3121 1119 4
123.7133 4
175.9164.2
187.5168.8211.3
12.81339.4
98
497. 79166 66
6,704
1,696
390773533
10 197
117 47
121.9123.1121.9120. 1
124.5135 4
113.7
180 5168.5
196 4166. 5250 6
13.01278.890
557. 09205 32
6 783
1, 629
340823466
10 844
123 99
122.8124.1122 9120.9
124.6136 1
160 2166.9
175.3142.7226 7
10.61248.5
99
504. 84219 04
7,342
1 234
266643325
9 731
124 71
123 1124.3123 2121 0
125. 0136 5
175 8160.0
185.3166.3258 3
11.6119
10.4106
546. 13''87 43
7 226
1 314
272722320
9 959
123 84
123 3124 5193 4PI 2
125 2136 5
115 6
165 1158 7
171 5158.1233 3
13.01518.9104
515.89257 14
7 175
1 119
241572306
9 615
118 71
124.0125. 1124.2121.8
125. 0136 3
156 8139.0
162.8150.1234.2
9.91229.1119
415. 68270. 88
7,249
947
208473266
9 676
PI 75
124.7125.6125 0P? °
125.0136 4
139.5146.4
152.1135.3
r 174 7
8.71357.0103
368. 53247. 50
7,084
866
184423259
9,713
115.63
125.1125.9125 5122.6
124.9136 5
112.8
' 138. 0' 129. 1
125 9
12.52036.6104
327. 27225. 63
6,935
936
189423324
9 208
142 21
125.3126.2125 7122.9
125.2137 3
10.11577.1107
379. 30213. 88
6 340
'788
'165'365'258
159 74
125. 4126. 3125 8123. 0
125.5137 5
10.7135
104
301.12168. 52
5 800
954
206421327
155 08
1 125 91 137 8
16.6152
10.3103
388. 16
DOMESTIC TRADE
ADVERTISING
Printers' Ink advertising index, seas, adj.:Combined index 1957-59=100
Business papers doMagazines .. doNewspapers doOutdoor doRadio (network) doTelevision (network) do
Television advertising:Network (major national networks) :
Net time costs, total mil. $._Automotive, incl accessories doDrugs and toiletries doFoods, soft drinks, confectionery doSoaps, cleansers etc doSmoking materials doAll other do
Spot (natl and regional, cooperating stations):Gross time costs total mil $
Automotive, incl accessories doDrugs and toiletries doFoods, soft drinks, confectionery doSoaps, cleansers etc doSmoking materials doAll other do
Magazine advertising (general and natl. farm maga-zines) :
Cost, total mil $Apparel and accessories doAutomotive incl accessories doBuilding materials doDrugs and toiletries doFoods soft drinks confectionery do
Beer, wine, liquors do
Industrial materials doSoaps, cleansers, etc doSmokine materials doAllother do
13612214710992
108175
1, 260. 399 1
409 2234 8112 0145 4259.8
1 075 538 9
207 4377.7100 448 7
30° 4
1 076 964.8
111 730 4
115.9133 9
69.371 550 521.741.6
365.6
1,411.3106 7429 8274 0131 5161 4308 0
1 189 354 1
219 4414. 2103 351 0
347 3
1 166 768 1
123 534 5
134 4125 4
79 280 153 317 639 6
411.0
14012415311884
130175
83.14.0
11 22.39.1
10 7
3 83 63.31.52.6
31.0
14412415811888
134184
354.524 0
'116.1'72 430 341 170.6
290 2~12.957.0
107.826.312 773 6
101 96.8
11 53 4
10.812 2
5.27 64.01.42.5
36.4
14012915110982
129189
112.49.2
12 54 7
11.110 9
6.08 94.21.73.0
40.2
14413415012098
P2183
110.46.7
11.83.9
12.010.6
7.010 04.81.63.5
38.5
14812716112083
116197
308.821 3
'91.7'62.031 532.569.9
313.716.153.6
108.126.812.296.8
93.02 59.23.4
12.710.8
6.37 54.6.9
3.431.9
71.81.06 92.19.39.8
5.14 04.51.23.1
25.0
67.47.05 01.88.87.3
3.63 14.0.9
2.822.9
301.521 493.959.734 535.3
'56.8
270 611.450.789.926.912 679.1
108.111.78 93.6
11.210 2
6.37 95.11.83. 6
37 8/ . o
125.97.6
16.33.7
13.912.1
8.411. 15.91.73.9
41.3
126.16.0
13.52.7
15.212.8
11.08.55.62.54.5
43.9
446.539.9
128.080.035 352.5
'110.8
314 813.758.1
108.423.213 597.8
101.54.07.81.4
13.810.3
14. 15 04.51.44.5
34.7
68.41.77.01.48.07.1
3.02.84.01.12.5
29.7
'Revised. 1 Index as of Apr. 1, 1967: Building, 125.9; construction, 137.8.tCopy righted data; see last paragraph of headnote, p. S-l.9 Includes data for items not shown separately.
{Revised seasonally adjusted data for 1958-64 will be shown later.§Data include guaranteed direct loans sold.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
April 1967 SUKVEY OF CUERENT BUSINESS S-ll
Unless otherwise stated, statistics through 1964and descriptive notes are shown in the 1965edition of BUSINESS STATISTICS
1965 1966
Annual
1966
Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.
1967
Jan. Feb. Mar.
DOMESTIC TRADE—Continued
ADVERTISING— Continued
Newspaper advertising linage (52 cities) :Total - . mil. lines.
Classified _ do ._Display total do
Automotive .- do_Financial doGeneral doRetail . do
RETAIL TRADE
All retail stores: tEstimated sales (unadj.), total f ._ , mil. $._
Durable goods stores 9 doAutomotive group do
Passenger car, other auto, dealers doTire, battery, accessory dealers . .do _
Furniture and appliance group 9 doFurniture, homefurnishings stores doHousehold appliance, TV, radio do. _ _
Lumber, building, hardware group.. _ do ._Lumber bldg. materials dealers cf doHardware stores . do ._
Nondurable goods stores 9 doApparel group _ do
Men's and boys' wear stores ..doWomen's apparel, accessory stores doFamily and other apparel stores doShoe stores . - _ ... do
Drug and proprietary stores _ _ do ._Eating and drinking places doFood group do ..
Grocery stores do _ _Gasoline service stations do
General merchandise group 9 . do _ _Department stores doMail order houses (dept. store rndse.) .do....Variety stores . . __do _.
Liquor stores do
Estimated sales (seas, adj.), total f do
Durable goods stores 9 doAutomotive group do
Passenger car, other auto, dealers do ..Tire battery accessory dealers do
Furniture and appliance group 9 do ..Furniture homefurnishings stores doHousehold appliance, TV, radio do
Lumber building, hardware group doLumber, bldg. materials dealers cf doHardware stores do ._
Nondurable goods stores 9 _ _ _ d o ._Apparel group do
Men's and boys' wear stores doWomen's apparel accessory stores doFamily and other apparel stores do _Shoe stores. _ .. .do ..
Drug and proprietary stores do .Eating and drinking places do _Food group do
Grocery stores. _ _ ._ do ..Gasoline service stations do
General merchandise group 9 do .Department stores. doMail order houses (dept. store mdse.) do ._Variety stores do
Liquor stores. do .
Estimated inventories, end of year or month : tBook value (unadjusted), total f mil. $..
Durable goods stores 9 doAutomotive group ... ..doFurniture and appliance group do. ..Lumber, building, hardware group. _ d o _ _ - -
Nondurable goods stores 9 . do ..Apparel group doFood group _ _ . ... _ _ d oGeneral merchandise group do
Department stores do
Book value (seas, adj.), total f do __Durable goods stores 9 do
Automotive group... __ . ... . _ .doFurniture and appliance group do. __Lumber, building, hardware grouD-.-do
3,164.6865.6
2, 298. 9170.463.4
288.51,776.7
283,852
93, 71856, 26653, 2173,049
13, 7378,5384,223
12, 1159,3022,813
190, 13415, 7523,2586,2433,6802,571
9,33521, 42366, 82260, 97021, 765
35, 84023, 4212,5815,3206,305
33, 43514, 7377,0702,3902,386
18, 6983,8114,0665,8823,519
34, 60715, 1947,2442,4492.467
3,354.3924.3
2, 430. 0182.973.2
310.31, 863. 6
303, 672
97, 81257, 41453, 8753,539
14, 9789,0894,905
12, 3079,3402,967
205, 86017, 2763,5376,9134,0152,811
10, 14823, 43171, 12565, 10523, 012
39, 81126,0942,6915,7276,758
35, 84616, 1447,9382, 5122,401
19, 7024,1024,2016, 4253,919
36, 96116, 5368,1082,5742.483
231.069.5
161.513.14.7
22.1121.7
21,260
6,9984,3664,166
200
1,015614335
774594180
14, 2621,009
200428213168
7521,6185,3484,8741,667
2,2851,474
166335470
25, 049
8,1854,7814,504
277
1,220730405
1,114862252
16, 8641,450
289594327240
8061,9155,8795,3591,907
3,2252,127
223457561
34, 67015, 7737,8172,3862,463
18, 8973,8913,9386,1213,600
34, 92215, 4247,2512,4732.503
282.379.4
202.916.25.9
26.0154.8
24, 712
8,6065,4305,169
261
1,150714368
980762218
16, 1061,277
225544275233
7981,8095, 8085,2971,827
2,8871,892
218393496
25, 536
8,6495.1214,822
299
1,249765405
1,150895255
16, 8871,377
277569299232
8161,9355,9175,3911,907
3,2252,119
220459559
35, 84016, 2267,9882,4522,545
19,6144,0864,0256,4903,847
35, 10115, 5517,3082, 4692.490
282.481.6
200.816.06.6
27.2151.0
25, 477
8,3725,1384,848
290
1,097699336
1,038794244
17, 1051,456
268604305279
8241,9016,0755,5591,898
3,0802,007
198460541
24, 949
7,9394,5804,302
278
1,202741379
1,034797237
17,0101,389
279579308223
8431,9245,9815,4671,927
3,1942,099
224453564
36, 28016, 4498,0822,5642,561
19,8314,0984,0716,6053,949
35, 34615, 6907,3942, 5292.489
308.987.0
221.818.75.5
31.5166.2
24, 763
8,0694,7874,499
288
1,129714348
1,083824259
16, 6941,341
262563285231
8191,9655,7475,2401,947
3,0342,003
202429530
24, 475
7,5064,2884,017
271
1,183734372
990752238
16, 9691,406
283578313232
8311,9105,9315,4311,920
3,2132,113
216467560
36, 56116, 9408,4142,6222,592
19, 6214,0564,0476,5053,897
35, 92716, 2137,7552,6062.517
289.180.9
208.318.46.7
27.8155.4
25, 950
8,7765,2334,904
329
1,229765392
1,159900259
17, 1741,373
299532307235
8292,0715,9795,4642,002
3,2082,141
192454543
25, 394
8,0564,7714,479
292
1,208746•397
1,006769237
17, 3381,460
295583341241
8481,9675,9755,4721,927
3,3552,214
219487572
36, 46716, 9678,4202,6232,567
19, 5003,9534,0956,4563,855
36, 32516,4117,9142,6289 519
254.980.3
174.614.67.4
18.9133.7
25, 329
8, 1624, 7554, 424
331
1,239751423
1,116870246
17,1671,253
261492296204
8282,2196, 2625,7502, 056
2,9651,924
179436558
25, 362
8, 1064,7644, 460
304
1,258771429
1,007764243
17, 2561,464
301584351228
8441,9965, 9245,4361,918
3,3652,201
234481549
36, 15516, 6908,0742,6352,499
19, 4653,9844,0906,4723,887
36, 31216, 3307,6972,6679 484
273.081.6
191.414.84.6
20.1151.9
25, 348
8,2344, 6774,365
312
1,315816418
1, 155911244
17,1141,375
280524349222
8232,1775,8815,3772,024
3,2592,110
229485539
25, 572
8,3584,9594,658
301
1,285782423
1,014769245
17,2141,499
327582359231
8371,9755,9205, 4261,906
3,3322, 182
219480551
35, 28015,2956, 6692,6362, 492
19, 9854,2454,1146, 6804,019
36, 19116, 0797,5362, 636'> 494
288.877.3
211.518.25.5
30.6157.2
24, 864
7,6594,0953,799
296
1,311777442
1,082835247
17,2051,469
285571358255
8212,0346, 0395,5441,923
3,2742,158
218462551
25, 703
8,3945,0344, 725
309
1,293777440
975732243
17,3091, 472
313579349231
8601,9755,9475,4461,931
3,3412,189
222486567
35, 62815,0156,4222,6982,455
20, 6134,4494,2027,0274,271
36, 35516,2417,7192,6562 467
308.781.4
227.216.77.1
31.5171.9
25,923
8,6255,0964, 789
307
1,332815426
1,077827250
17,2981,478
297596362223
8412,0065,9225,4301,959
3,3752,221
232467551
25,550
8,2764,9214.618
303
1,266766402
971724247
17,2741,466
294589351232
8591,9745,9495,4521,926
3,3542,195
229484561
37, 19315, 7607,0352,7592,489
21, 4334,5754,3107,5234,608
36, 68016, 4967,9492, 666'> 599
305.470.4
235.014.25.8
32.6182.4
26, 158
8,4104,8994,587
312
1,391836453
1,012759253
17, 7481,553
325614383231
8401,8845, 7555,2791,922
3, 9582,575
341524587
25, 610
8,1434,7614,445
316
1,283775416
986737249
17, 4671,463
303573345242
8761,9795,9215,4371,939
3,4762,273
238503570
38, 17116, 3847,6152,7752,492
21, 7874,6494,2587,6714,760
36, 73416, 5818,1712, 6489 595
289.761.1
228.69.25.7
23.1190.6
31,804
8,9164,6384, 236
402
1,712943622
1,014645369
22, 8882,540
586979638337
1,1952,0396,6796,1341,972
6,1114,025
350989896
25,368
8,1564,7454,445
300
1,270741425
997747250
17, 2121, 386
282536335233
8922.0195, 8615,3761,915
3,3112,162
216475561
35, 84616, 1447, 9382,5122,401
19, 7024,1024, 2016,4253,919
36, 96116, 5368,1082,5749 483
241.171.1
170.011.67.9
20.5129.9
'22,567
' 7, 018' 4, 197'3,963
'234
' 1, 136'676'380
'777'574'203
'15,549' 1, 224
'272'480'273'199
'8371,8455,5485,0921,827
2,5111,658
156'330'514
'25,687
' 8, 200' 4, 604' 4, 298
'306
'1,312'792'429
' 1, 062'803'259
'17,487'1,514
'317'587'360'250
'8772,0365,9115,4171,931
3,4192,244
220'486'591
'35,85616, 5748,1602,5152,444
'19,2823,9774,164
' 6, 309' 3, 793
'36,92416, 4917,8672,5989 530
233.666.4
167.212.34.7
22.7127.5
'21,789
' 6, 835' 4, 013
3,788225
' 1, 102653376
751563188
'14,954' 1, 050
216422244168
'8181,7675,4334,9841,727
2, 3961, 529
172348502
'25,636
' 8, 0014,3984,086
312
1,309779450
1,073810263
'17,6351,488
308576365239
8832,0745, 9705,4771,974
3,3552,184
230473598
36, 33416,6818,2552,5182,410
19, 6534, 2224,1296,4453,876
36, 62716, 3157, 6722, 6122. 447
1 26, 2391 8, 2771 4, 956
1 1, 241
i-17, 9621 1, 593
19132,066
i 6, 1845,6621,972
3,196i 2, 037
1 26, 474
i 8, 302
1 18, 172
' Revised. » Advance estimate. fRevised series. Data reflect use of new sample(effective with data for Oct. 1965) based on definitions and classifications of the 1963 Censusof Business the 1965-66 retail inventories also reflect incorporation of new data from 1965Retail Trade (Census annual) and updating of seasonal factors. Latest revised data backto 1959 appear in the November, April, and February 1966 issues of the SURVEY (refer in
that order to pp. 26, 18, and 20, respectively); revised accounts receivable data prior to Oct.1965 are not available. Complete details for retail sales appear in the Monthly Retail TradeReport, Jan. 1966 and subsequent issues, available from the Bureau of the Census, Wash.D.C. 20233. 9 Includes data not shown separately, d" Comprises lumber yards, buildingmaterials dealers, and paint, plumbing, and electrical stores.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
S-12 SURVEY OF CUEEENT BUSINESS April 1967
Unless otherwise stated, statistics through 1964and descriptive notes are shown in the 1965edition of BUSINESS STATISTICS
1965 1966
Annual
1966
Feb. Mar. Apr. May June- July Aug. Sept. Oct. Nov. Dec.
1967
Jan. Feb. Mar.
DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
All retail storest— ContinuedEstimated inventories, end of yr. ormo.f — Con.
Book value (seas, adj.)— ContinuedNondurable goods stores 9 mil $
Apparel group doFood group doGeneral merchandise group do
Department stores do
Firms with 11 or more stores:fEstimated sales (unadj.), total 9 1 do
Apparel group 9 doMen's and boys' wear stores doW omen's apparel, accessory stores. . . doShoe stores do
Drug and proprietary stores... . . do _Eating and drinking places doFurniture and appliance group.. _ _ do
General merchandise group 9 doDept. stores, excl. mail order sales.. _ _ doVariety stores do
Grocery stores doLumber yards, bldg. materials dealerscf.-doTire, battery, accessory dealers do
Estimated sales (seas, adj.), total 9 1 do
Apparel group 9 doMen's and boys' wear stores doWomen's apparel accessory stores doShoe stores do
Drug and proprietary stores doEating and drinking places doFurniture and appliance group do
General merchandise group 9 doDept stores excl mail order sales doVariety stores do
Grocery stores doLumber yards bldg materials dealers d" doTire, battery, accessory dealers do
All retail stores, accounts receivable, end of yr. or mo. :Total (unadjusted) f mil. $
Durable goods stores doNondurable goods stores do
Charge accounts doInstallment accounts do
Total (seasonally adjusted)! doDurable goods stores.. . doNondurable goods stores do
Charge accounts doInstallment accounts do
19,4134,0334,0866, 3403, 772
73, 356
4,445557
1,6561,168
2,3001,8911,193
26, 11217,5934,096
27, 627
1,312
18, 1937,120
11,0738,2699,924
17, 0346,916
10,1187,8339,201
20, 4254,3184,2096,9094,200
80, 323
4,770573
1,7791,269
2,6632,2221,276
28, 98819, 6534, 593
29,906
1,472
18, 9867,212
11, 7748,164
10, 822
17, 7676,987
10, 7807,730
10, 037
19, 4984,0363,9746,4663,854
5,256
263319973
17915586
1,6361,087
262
2, 216
84
6, 598
40747
156104
205179
2,3921,625
366
2,422
120
16, 9126,583
10, 3297,4719,441
17,4197,020
10, 3997,8819,538
19, 5504,0504,0016,5163,870
6,214
36137
135104
199187105
2,0951,416
316
2, 416
116
6,610
38643
144106
208193
2,3631,587
371
2,421
136
16, 8656,578
10, 2877,5339,332
17,4186,954
10, 4647,8959,523
19, 6564,0744,0156,5803,929
6,661
42045
158125
20718396
2,2361,511
368
2,631
124
6,574
38245
150100
213184
2,2951,553
359
2,506
19,7144,1184,0236, 5853,940
6,291
37342
145102
206187100
2,2201,516
341
2, 336
124
6,536
38243
146102
215181
2,3361,576
370
2,449
120 117
17, 065 17, 5206, 606 6, 894
10,459 10,6267,778 i 8,1139, 287 9, 407
17,306 17,4816, 835 6, 941
10,471 10,5407, 812 7, 9549, 494 9, 527
19,9144,1444,0996,6904,041
6,608
38848
144107
217197107
2,3611,629
363
2, 441
137
6, 702
40248
149108
224187
2,4301,652
385
2,491
121
17, 7747,163
10,6118,2969,478
17,7217,001
10, 720, 8,210
9,511
19, 9824,1944,1486,6814,062
6,511
32439
12387
216196108
2,1681,474
342
2, 630
134
6,664
38647
144103
222182
2,4251,643
377
2,517
124
17,3326,947
10, 3857,8809,452
17,4816,779
10,7027,8969, 585
20,1124,1864,2076,7084,060
6,565
37740
14197
212189111
2, 3831,605
371
2, 414
120
6, 729
40551
147103
223175
2,4171,650
380
2,544
117
17,4807,059
10, 4217,9119,569
17,6956, 866
10,8297,988
1 9, 707
20, 1144,1744,2196,7214,079
6,759
40144
145116
214189109
2,3881,632
371
2, 582
116
6,762
39550
144104
225183
2,4441,665
388
2,519
122
17, 4206,975
10, 4457,7609,660
17, 5926,817
10, 7757,8399,753
20, 1844,1864,2306,7534,074
6,804
40951
155100
219189115
2,4681,687
377
2,513
123
6,871
40649
155106
227185
2,4951,664
390
2,549
| 123
17, 5466,991
10,5557,8559,691
17, 5786,775
10, 8037,8079,771
20, 1534, 2304,1506,7454,111
7,190
44457
166108
229184117
2,8861,947
429
2,437
126
6,856
40649
151112
237191
2,5521,725
411
2,518
128
17,8166, 981
10. 8357,9709,846
1 17,744G. 905
10, 8397, 8349,910
20, 4254,3184,2096,9094,200
9,940
72299
266169
380203136
4,4402,987
809
2,949
175
6,700
39748
141109
242206
2,4031,638
388
2,489
124
18, 9867,212
11, 7748,164
10, 822
17, 7676,987
10, 7807,730
10, 037
' 20,4334,3434,248' 6, 951r 4, 240
5,695
30643
10685
21719390
1,8221,256
266
2,330
97
6,885
42152
154112
240213
2,5131,730
402
2-, 492
127
' 18,167' 6, 954' 11,213r 7, 630
»• 10,537
' 17,849* 7, 124
r 10,725r 7, 690
r 10,159
20, 3124,3894,1626,8154,145
5,550
27131
10276
22118589
1,7201,146
278
2,334
93
6,907
41846
160109
254214
2, 4711,685
387
2,548
131
17, 5826,798
10, 7847,403
10, 179
18,0537,194
10, 8597,789
10, 264
EMPLOYMENT AND POPULATION
POPULATIONPopulation, U.S. (incl. Alaska and Hawaii):
Total, in cl. armed forces overseas mil.
EMPLOYMENTNoninstitutional population, est. number 16 years
of age and over, total, unadj© - - mil
Total labor force, incl. armed forces© thous..
Civilian labor force, total doEmployed, total do
Agricultural employment . _ _ __ _doNonagricultural employment do
Unemployed (all civilian workers) doLong-term (15 weeks and over) do
Percent of civilian labor forceNot in labor force®. . _-. _ __ _.thous.
Civilian labor force, seasonally adj© do
Employed, total doAgricultural employment , do..Nonagricultural employment do
Unemployed (all civilian workers) doLong-term (15 weeks and over) do
Rates: 1All civilian workers
Men, 20 years of age and overWomen, 20 years of age and overBoth sexes, 16-19 years of age
r Revised. i As of July 1. fSee corresponding9 Includes data not shown separately.(^Comprises lumber yards, building materials dea
stores. ^Unemployed in each group as percent©Effective Feb. 1967 SURVEY, data reflect revise
age, sample, and definition as follows; For all period
U94.57
129. 24
77, 178
74,45571,088
4,36166, 726
3,3667554.5
52, 058
4.53.24.5
14.8r note on
ers, and ]of that gd seasonas — data cr
i 196. 84
131.18
78, 893
75, 77072, 8953,979
68, 915
2,8755363.8
52, 288
3.82.53.8
12.7p. S-ll.
mint, pluiroup.
1 factors aver perso
196. 00
130. 44
76, 702
73, 77870, 6763,478
67, 198
3,1026704.2
53, 73475, 126
72,3414,155
68, 1862,785
594
3.72.53.7
12.1
nbing, a
nd chanjns 16 yea
196. 16
130. 60
77, 043
74,06971,0833,645
67, 439
2,9867434.0
53, 55675,117
72,2664,113
68, 1532,851
583
3.82.63.6
12.9
nd electr
*es in cor sof age
196. 34
130. 75
77,812
74,80472, 0774,020
68, 055
2,729
3. 652,93875,341
72, 5424,199
68, 3432,799
590
3.72.43.7
12.9
ical
^er-ind
196. 50
130. 92
78, 459
75,41472, 6204,097
68, 523
2,794
3.752, 46675, 149
72, 2533,902
68, 3512,896
538
3.92.43.9
13.7over (ex panemploBLS]Washi
196. 67
131.08
80, 727
77,62874, 038
4,70469, 333
3,591
4.650,35675, 668
72, 7303,981
68, 7492,938
486
3.92.63.8
13.0eliminatded (toyment (SMpLOYington, 1
196. 84
131. 24
80, 838
77, 70374, 6554,580
70, 076
3,048
3.950,39775, 770
72, 8463,926
68, 9202,924
446
3.92.63.7
13.1ing abou52,500 holata are i1ENT ANE> . ( ' . 2040
197. 02
131.42
SO, 665
77,48774, 6664,308
70, 359
2,821
3.650, 75576, 069
73,1413,935
69, 2062,928
462
3.82.53.9
12.5t a millicuseholds•easonab> EARNIN
197. 22
131. 59
78,982
75,75373, 2484,186
69, 063
2,505
3.352, 60976, 039
73, 1953,886
69, 3092,844
493
3.72.43.8
12.9m person) and chy compaGS AND IV
197. 43
131.77
79, 488
76,20973, 7444,114
69, 630
2,466
3.252, 28576, 081
73, 1993,779
69,4202, 882
517
3.82.44.0
12.7s previoianges rmrable wilONTHLY
197. 63
131.95
79, 895
76, 57373,9953,814
70, 180
2,577
3.452, 05476, 612
73, 8973,892
70,0052,715
484
3.52 43.4
11.4jsly covtide in dfh earlierREPORT
197. 81
132. 12
79, 642
76, 25273, 5993,360
70, 239
2,6534403.5
52, 47976, 764
73, 8934,011
69, 8822,871
496
3.72.43.9
12.2•red); bejfinitionsestimateON THE I
197. 98
132. 30
78, 706
75,32072, 1603,335
68, 826
3,1605154.2
53, 58977, 087
74,2554,015
70, 2402,832
485
3.72 24^3
11.0ginning Jfor emp
s) ; see FjABOR F
198. 14
132.45
79, 107
75, 68972, 5063,281
69, 225
3,1835064.2
53,34177, 025
74, 1373,890
70, 2472,888
439
3.72.24.0
13.2an. 1967-loymenteb. and 5ORCE, U.
198.29
132. 63
78, 949
75, 51372,5603,410
69, 149
2, 9545603.9
53, 67876, 523
73, 7473,855
69, 8922,776
436
3.62.34.1
10.7—sampleand un-
rtar. 1967S.GPO,
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
April 1967 SURVEY OF CUERENT BUSINESS S-13
Unless otherwise stated, statistics through 1964and descriptive notes are shown in the 1965edition of BUSINESS STATISTICS
1965 | 1966
Annual Feb. Mar. Apr. May June
1966
July Aug. Sept. Oct. Nov. Dec. Jan.
1967
Feb. Mar.-
EMPLOYMENT AND POPULATION—Continued
EMPLOYMENT— Continued
Employees on payrolls (nonagricultural estab.):!Total, unadjusted! _ _ _ - thous
Manufacturing establishments _. _.do_ .Durable goods industries _ _ _ _ doNondurable goods industries do
Mining, total 9 doMetal mining doCoalmining _ _ doCrude petroleum and natural gas _ do
Contract construction _ _ _ doTransportation and public utilities? do
Railroad transportation doLocal and interurban passenger transit do
Motor freight trans, and storage doAir transportation _ doTelephone communication doElectric, gas, and sanitary services do
Wholesale and retail trade _ ... _ doWholesale trade doRetail trade _ _ _ _ _ _ d o
Finance, insurance, and real estate doServices and miscellaneous doGovernment _ _ do
Total, seasonally adjusted! - doManufacturing establishments do
Durable goods industries doOrdnance and accessories doLumber and wood products. . doFurniture and fixtures doStone, clay, and glass products doPrimary metal industries , do
Fabricated metal products. doMachinery _ doElectrical equipment and supplies. _ _ do
Transportation equipment doInstruments and related products doMiscellaneous manufacturing ind do
Nondurable goods industries _ doFood and kindred products do-Tobacco manufactures. doTextile mill products doApparel and related products d o _ _ _Paper and allied products doPrinting, publishing, and allied ind__doChemicals and allied products ___ do_Petroleum refining and related i n d _ _ _ d oRubber and misc. plastics products-. doLeather and leather products do
Mining doContract construction _ doTransportation and public utilities ___ doWholesale and retail trade doFinance, insurance, and real estate. doServices and miscellaneous doGovernment. . __ .. _ do
Production workers on mfg. payrolls, unadjusted:!Total, unadjusted! thous. .
Seasonally adjusted _ _ do
Durable goods industries, unadjusted- .doSeasonally adjusted. do _
Ordnance and accessories doLumber and wood products doFurniture and fixtures doStone, clay, and glass products doPrimary metal industries do
Blastfurnaces, steel and rolling mills doFabricated metal products doMachinery doElectrical equipment and supplies, doTransportation equipment 9 _ _ _ _ _ _ do
Motor vehicles and equipment doAircraft and parts. do
Instruments and related products doMiscellaneous mfg. industries.. do
Nondurable goods industries, unadj doSeasonally adjusted . do
Food and kindred products . doTobacco manufactures doTextile mill products doApparel and related products doPaper and allied products doPrinting, publishing, and allied ind__doChemicals and allied products doPetroleum refining and related ind._.do
Petroleum refining doRubber and misc. plastics products. _ doLeather and leather products . do
60 770
18 03210 3867 645
63284
142288
3,1814,033
735268
963230735625
12, 6833,3179,3663,0199 098
10 091
60, 77018, 03210, 386
226610429627
1,296
1,2681,7261,658
1,738387421
7,6451,752
87921
1,354640
981906182472351632
3,1814,033
12,6833,0199,098
10, 091
13,413
7,702
96535356504
1, 058477982
1,2081,1401,238
660357247337
5,711
1,15575
8231,205
498
54511288
367308
63 864
19, 08111 1867 896
62886
139283
3,2814,137
717265
1,008248773635
13, 2203 4599,7613,0869 582
10 850
63, 86419, 08111,186
256622456641
1,326
1,3521,8681,893
1,906426440
7,8961,761
84951
1,396671
1,026954183513357
6283,2814,137
13, 2203,0869,582
10, 850
14, 199
8,301
120544378515
1,080467
1,0521,3141,3161,355
671448274352
5, 898
1, 16671
8481,240
52265257011489
400313
61, 622
18, 51810 8227 696
61784
142282
2,8184,035
708273
961245746623
12, 7383,3679,3713,0249,250
10, 622
62,81118, 72210,911
243633448646
1,295
1,3321,8101,805
1,853412434
7,8111,762
85945
1,384661
1,007932181496358634
3,3234,105
13, 0453,0519, 410
10, 521
13,77513, 9678,0388,123
110526367493
1,053446
1,0261,2791,2521,338
688413264329
5,7375,8441,084
70836
1,23950763855311087
384316
62, 243
18, 65110 9217 730
62084
141282
2,9814, 056
708273
970247751625
12, 8263,3749,4523,0439,331
10, 735
63, 24718, 84011,007
245642451649
1,300
1,3441,8181,824
1,881415438
7,8331,767
86948
1,386662
1,009936181500358637
3,4194,109
13, 0853,0649, 463
10, 630
13, 87814, 0488,1138,190
112532371502
1,064456
1,0321,2891,2561,352
690422267336
5, 7655,8581,087
66842
1,246510
64056111087
388315
62, 928
18, 77411 039
7 735
59084
104281
3, 1564,077
712269
974251758627
13,0153,3869, 6293,0569,465
10, 795
63, 35018, 92311,065
249633451647
1,307
1,3451,8271,860
1,887418441
7,8581,757
86950
1,396664
1,017937182506363595
3,3334,114
13, 1283,0689,484
10, 705
13, 96914,1008,2078,226
113539371516
1,080468
1,0421,2991,2811,355
686430268344
5, 7625, 8741,086
64846
1,226514
64556811288
391311
63, 465
18, 90611,1307 776
63085
141281
3,2774,115
715268
990254762628
13, 0613,4009,6613,0709,572
10,834
63, 51719, 00211,122
253623456643
1,315
1,3411,8461,877
1,901424443
7,8801,748
85952
1,412665
1,018945183508364
6283,2384,132
13, 1643, 0769,515
10, 762
14,07414, 1548,2778,261
117548373521
1,085473
1,0461,3091,2911,365
692435271351
5, 7975,8931,093
62850
1,24251564657011488
393312
64, 563
19, 25811,3197 939
64588
142288
3,5214,180
728255
1,026260778644
13, 2393,4739, 7663,1129,702
10,906
63, 98319, 16711,220
257628458641
1,333
1,3481,8651,904
1,915428443
7,9471,760
86957
1,424674
1,026961183515361
6323,3004,143
13,2173,0909, 549
10, 885
14,35114, 2818,4198,328
119574380530
1,108487
1,0611,3261,3221,363
686438277358
5,9325, 9531,152
63862
1,25853065358011790
400318
64 274
19 12311 2137 910
64588
140°90
3,6234,171
730947
1 031216792652
13, 2253 5119 7143 1489 782
10 557
64, 07219, 12811,210
257622456643
1, 338
1,3461,8881,903
1,888430439
7,9181,763
85955
1,388679
1,031963186518350
6363,2974,122
13, 2563,0959 609
10, 929
14, 15914, 2018.2778, 293
120568374533
1,102490
1,0351,3241,3021,299
609452275344
5, 8825, 9081,200
62844
1,19852865357811890
395306
64 484
19 39111 2498 149
649OQ
1499QO
3 6414,154
728946
1 031202796653
13 2243 5219 7033 1469 772
10 507
64, 19919, 26211 324
260621462637
1,351
1,3601 9011,948
1,910431443
7,9381,765
80957
1,395677
1,035968184520357
6363 2514,105
13, 2643,1009 647
10 934
14,41714, 3308,3048,395
123570388533
1,100482
1,0581,3251,3451,215
519458279367
6,1135, 9351,291
76862
1,265534
65858411890
406320
64 867
19 53311 4348 099
63787
143981
3 5954,218
721964
1 046262786641
13 2533 4989 7553 1099 707
10 885
64, 16819, 20411 322
262609459633
1,341
1, 3571,9031,941
1, 945432440
7,8821,737
79952
1,390670
1, 035965182517355
6983,2284, 168
13, 2683, 1009 649
10,923
14, 58214,2688, 5018,395
127553387526
1,095477
1,0711,3321, 3661,393
692468280372
6, 0815,8731 , 284
82856
1,257526
66157711689
409312
65 190
19 53811 4708 068
631of;
144
3 4494,198
716968
1 046264785633
13 3853 5219 8643 0999 751
11 139
64, 46619,31211,387
265607460633
1,351
1 , 3651,9121,962
1,951439442
7,9251,750
78950
1 , 403676
1,039969182523355625
3, 2024, 165
13,3403, 1029,712
11,008
14, 58114,3508, 5308, 442
129541388517
1,083467
1,0771,3331,3851,414
702476282378
6, 0515, 9081,244
82854
1 , 26352966457511589
415310
65 389
19 52211 4808 049
698Rfi
140977
3 3104,208
712968
1 045266790639
13 5993 533
10 0663 0989 739
11 985
64, 82319, 41511,424
269607463636
1,351
1,3781,9171,959
1,960439445
7,9911,781
87950
1,406682
1,044974183529355
6243 2044, 195
13, 3933 1109 778
11 104
14,54814, 4368, 5278,467
133532390512
1,080462
1 , 0841,3331,3801, 424
708486284376
6, 0215, 9691,209
'79851
1,260534(16657611489
419312
65, 904
19, 43011,4467 984
62586
143279
3,1284,200
715271
1,031269791633
14,2413,554
10,6873,1059,733
11,442
65, 07619, 44511,439
269605465638
1,343
1,3791,9331,959
1,958444446
8,0061,781
86951
1,409683
1,049976183534354
6263 2934,196
13,3923 1219 821
11 182
14, 44014 4468, 4828,471
135516386500
1,077455
1,0791 3571, 3741,425
702492286348
5, 9585 9751 166
'80845
1 24553267157611389
420310
'64 334
'19 233'11 347r i 886
r 614r 86143
r 275
2,925' 4, 162
r698272
r 1 000* 274
793633
r 13, 322'3 509'9 813
3,095'9 672'11 311
' 65, 381* 19, 468'11,445
••276-620'460
642'1,341
'1,380r 1, 941'1,964
' 1,927446448
' 8, 023'1,780
89' 951
1,415683
' 1, 056'981
182533
'353r 628
3 301' 4, 230' 13, 503
3 129r 9 869' ll' 953
' 14, 233r 14 453' 8, 372' 8, 462
'138'509
377'486
1,077'455
1,0631,3631,361
' 1,382'669'488
286330
' 5, 861' 5,991'1,117
76'835
' 1,233'526
666' 577' 111'89416
'305 1
'64 254
' 19, 183r \\ 3H
r 1 872
r 60987
143°69
r 2, 842' 4, 153
694271
994278796633
' 13, 188' 3 493'9 695' 3,114r 9 746'11 419
' 65, 463'19,388'11,398
281'613
459638
' 1,321
'1,372' 1,935'1,962
'1,927449
'441
' 7, 990' 1,779
'84942
' 1, 397'686
' 1,060'981'182'530
349r 626
'3 351'4 225' 13, 506'3 142r 9 915'11 310
'14,171r 14 363
' 8, 327'8,412
' 141' 506
375481
' 1,068451
' 1,056' 1,363
1,341' 1,379
'660' 489' 286'332
' 5, 844' 5 951' 1,097
'69'830
' 1 248526
'670' 578
111' 89
'410304
64, 579
19, 16311,3017 862
610
2,8934,165
13, 2893,4969,7933,1359,831
11, 493
65, 48619, 35311,386
283620456638
1,311
1,3711,9351,958
1, 925451438
7,9671,787
85940
1,376685
1,065977180527345627
3,3184,220
13, 4583,1579 971
11 382
14, 14114 3088,3108,384
142511373487
1,064
1,0481 3671,3301,366
648494288333
5, 8315 9241 103
65831
1 23552667458011189
406300
r Revised. p Preliminary.!Bcginning in the Sept. 1966 issue of the SURVEY, data for employment, hours, earnings,
and labor turnover reflect adjustment to Mar. 1965 benchmarks; they are not strictly com-parable with previously published figures. Details of the adjustment appear in the BLSSept. 1966 Employment and Earnings report; comparable earlier data appear in BLS Bul-
letin 1312-4, Employment and Earnings Statistics for the United States 1909-66 (Oct. 1966)»$4.50, available from the Superintendent of Documents, Government Printing Office*Washington, D.C. 20402.
9 Includes data for industries not shown separately.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
S-14 SURVEY OF CURRENT BUSINESS April 1967
Unless otherwise stated, statistics through 1964and descriptive notes are shown in the 1965edition of BUSINESS STATISTICS
1965 1966
Annual
1966
Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.
1967
Jan. Feb. Mar.p
EMPLOYMENT AND POPULATION—Continued
EMPLOYMENT— Continued
Miscellaneous employment data:Federal civilian employees (executive branch) :
United States thousWash , D.C., metropolitan area do__
Railroad employees (class I railroads) :©Total - -- do.
Index seasonally adjusted 1957-59—100
INDEXES OF WEEKLY PAYROLLS!
Construction (construction workers) 1-1957-59= 100_.Manufacturing (production workers)! _ _ doMining (production workers)! do ..-
HOURS AND EARNINGS!
Average weekly gross hours per production workeron payrolls of nonagric. estab., unadjusted:!
All manufacturing estab., unadj.! hours .Seasonally adjusted do
Average overtime -- - -- do .Durable goods industries do
Seasonally adjusted do.Average overtime _. do ..
Ordnance and accessories . __ do_.Lumber and wood products do...Furniture and fixtures doStone, clay, and glass products ._ _do.Primary metal industries do
Blastfurnaces steel and rolling mills do
Fabricated metal products doMachinery ._ _ __ do..Electrical equipment and supplies do
Transportation equipment 9 do_.Motor vehicles and equipment doAircraft and parts do
Instruments and related products doMiscellaneous mfg. industries do
Nondurable goods industries, unadj- do .Seasonally adjusted do
Average overtime _ _ doFood and kindred products _ _ _ _ doTobacco manufactures doTextile mill products do.Apparel and related products __ do _Paper and allied products doPrinting, publishing, and allied ind._ -do. _.Chemicals and allied products doPetroleum refining and related ind_- _ _ d o _ _ _
Petroleum refining doRubber and misc. plastics products doLeather and leather products do
Nonmanufacturing establishments:!Mining 9 _ _ _ _ _. _ _. do..
Metal mining doCoal mining doCrude petroleum and natural gas do
Contract construction . _ _ _ _ _ _ _ d o _General building contractors doHeavy construction doSpecial trade contractors do
Transportation and public utilities:Local and suburban transportation do
Telephone communication doElectric gas and sanitary services do
Wholesale and retail trade _ _ _ ... doWholesale trade doRetail trade _. _ -do.
Services and miscellaneous:Hotels, tourist courts, and motels doLaundries, cleaning and dyeing plants, do. .
Average weekly gross earnings per productionworker on payrolls of nonagric. estab.:!
All manufacturing establishments ! dollars..Durable goods industries do
Ordnance and accessories _ _ . _ _ doLumber and wood products doFurniture and fixtures doStone, clay, and glass products _ doPrimary metal industries . do. .Fabricated metal products _ _ _ do _Machinery doElectrical equipment and supplies doTransportation equipment. _ _ . doInstruments and related products doMiscellaneous mfg. industries do
2,347251
65273.4
144.3136.397.0
41.2
3.642.0
3.9
41.940.841.542.042.141 0
42.143.141.0
42.944.242.041.439.9
40.1
3.241.137.941.836.443.1
38.641.942.241.842.038.2
42.341.6
» 39 942.437.436 140.836 8
42 142 540.441 437.740.836.6
37.938.8
107. 53117.18131. 5788.5487.98
110. 04133. 88116.20127. 58105. 78
137. 71108. 4785.39
2,532265
64072.4
156.7150.4101.3
41.3
3.942.1
4.3
42.340.841.442.042.140.7
42.443.841.2
42.642.843.342.040.0
40.2
3.441.238.841.936.443.4
38.842.142.442.142.038.6
42.742.2
a 40 342 637.636 341.037.0
42 342 540.641 537.140.735.9
37.338.2
111.92121. 67135. 3692.6291.08
114. 24138.09121. 69134.90108. 77
141. 86113.4088.80
2,400252
63170 6
125.4143.896.5
41.341.53.8
42.242.44.2
42.340.441.241.442.040 3
42.244.041.4
42.943.243.642.240.2
40.240.53.3
40.839.642.336.643.138.541.941.641.642.139.2
42.141.640.742.4
36.435 638.236 3
41 842 340.641 637.040.735.8
37.338.0
110. 27120. 69134.0988.8888.58
110. 54136. 08119.00133. 76108. 05
140. 71112.6788.84
2 429255
62971 3
137.9145.397.7
41.441.53.9
42.242.34.2
41.940.641.542.142.140.6
42.244.141.2
42.742.943.442.240.4
40.240.43.3
40.538.342.336.943.3
38.842.041.941.942.038.5
42.641.641. 143.037.736.840.937.1
41 942 040.341.036.940.735.7
37.538.1
110.95120. 69132. 8288.9190.06
112. 83136. 83119.85134. 95107. 53140.06113.1089.28
2,462256
63671 8
145.1146.887.4
41.241.53.9
42.242.34.3
42.141.140.942.142.341.2
42.143.841.1
43.043.742.941.939.7
39.940.33.3
40.438.141.436.143.2
38.642.442.642.641.937.8
41.442.532.842.836.935.840.136.4
42.241 740.141.136.940.635.7
37.438.0
111.24121. 54133. 4692.4888.75
114.09138. 74
119.99134. 03107. 68
141. 47112.7187.74
2,482258
63971.6
152.6149.0102.5
€1.541.54.0
42.342.24.4
42.341.741.442.342.441.2
42.644.141.3
42.442.043.642.340.1
40.340.33.4
40.938.342.236.543.6
38.842.242.742.742.138.6
42.942.241.542.637.035.739.536.8
43.042.040.341.236.940.735.6
37.338.4
112. 05121. 82134. 5194.6690.67
114.63139. 07
121. 84135. 83108. 62
139. 07113.7988.62
2,560274
65272.2
171.1152.5106.5
41.641.34.0
42.342.04.4
42.241.241.842.542.441.3
42.744.141.3
42.542.343.442.240.1
40.540.33.5
41.238.542.636.743.738.942.242.842.142.039.2
43.442.741.842.738.336.642.537.5
43.043.140.741.237.340.736.2
37.138.6
112.74121.82134. 2093.9491.96
115.60139. 50
121.70135. 83108. 62
140. 25113.9488. 62
2,598277
65572.7
180.3148.6105.2
41.041.03.8
41.641.84.1
42.140.940.742.041.641.1
41.943.140.5
41.841.343.141.639.2
40.340.13.5
41.937.641.536.343.5
38.842.043.042.441.339.0
43.142.7
43.139.037.143.438.1
42 642 941.242.138.041.136.9
38.138.6
111.11119. 81133. 8893.6689.13
113.82136. 86119. 42131. 89106.11137. 94111.9086.24
2,598276
65273.0
180.8151.9106.2
41.441.44.0
42.042.14.3
42.040.942.242.442.140.9
42.443.541.1
42.141.643.441.740.1
40.540.23.5
41.538.142.136.943.6
39.041.942.141.541.939.1
43.042.240.842.638.436.842.237.7
42.443.140.741.537.940.836.9
38. 038. 2
111.78120. 54134. 8294.0793.26
115.75138. 09121. 26133. 55107. 68139. 35112.1788. 22
2,556269
64373.1
177.0156.7105.4
41.541.54.2
42.342.34.6
42.440.741.842.242.441.2
42.943.941.4
42.642.943.142.240.0
40.340.23.7
41.840.141.935.743.739.142.142.842.042.337.8
43.042.740.742.538.336.742.337.5
42.143.140.941.437.040.735.8
36.838. 2
113.71123. 94136. 9594.8393.21
116. 05140. 77
124. 84136. 53110. 12144. 84114.7889. 20
2,579270
63973.4
173. 0156.9105.2
41.441.34.1
42.242.24.5
42.340.741.942.242.040.5
42.743.741.3
43.043.543.042.140.4
40.340.23.6
41.339.241.636.643.5
39.142.142.441.742.238.1
43.242.142.242.538.536.942.537.7
42.842.940.841.936.840.735.5
37. 2
113.85124. 07136. 6394. 8393.86
116.47139. 02124. 26136. 34109. 86
146. 63114.9390. 09
2,608272
P63574.4
155. 7156.4102.0
41.341.33.9
42.142.14.2
42.740.041.441.841.940.2
42.343.741.1
42.843.143.342.040.2
40.240.23.4
41.338.541.436.443.5
38.942.242.442.442.038.4
42.242.039.342.536.335.338.736.0
42.542.541.541.736.640.635.2
113.99123. 77137. 9292. 0092.74
115.79138. 69123. 09136. 78109. 74145. 52114.6690.45
i 2, 7361273
* 636'74.7
150.3155.8103.1
41.340.93.7
42.141.74.1
42.739.941.541.641.639.5
42.544.041.2
42.542.742.942.140.0
40.139.93.3
41.340.541.136.243.339.142.142.142.141.938.8
42.542.441.842.237.236.339.836.9
41 842 859.941.737.140.935.9
36 938 1
114.40124. 20138. 7890.9793.79
115. 23137. 28124. 53138. 60110. 42144. 93115. 7891.20
2,609272
"623P69.3
139.5152.1
MOO. 9
40.841.03.4
'41.5Ml. 8
3.7
M2.4'39.9
40.1Ml. 2Ml. 8MO. 6
41.8M3.5MO. 6
Ml. 6Ml.OM2.7
41.539.6
'39.6MO.O
3.0MO. 8'37.8
40.636.142.8
'38.5Ml. 5Ml. 4Ml. 4Ml. 3
38.7
M2.3M2.6MO. 9M2. 537.136.339.6
'36.8
41 5r 41 5
'39.5Ml. 3
36.5MO. 6
35.1
T 36 7r 37 Q
'113.42'122.43' 137. 80
'90.63'113. 71' 138. 36'122.47' 137. 03'109.21- 141. 44rl!4. 13'91.87
2,620273
P618?69.5
'129.4' 149. 3'97.6
40.140.3'3.240.740.9'3.4
Ml. 9'39.5'39.6MO. 5MO. 9
39.8
Ml.OM3.0'39.8
MO. 3'39.3M2.1MO. 8'38.8
39.239.5'2.9
MO. 2'36.0MO.O'35.7'42. 3'38.3Ml. 3Ml. 5Ml. 7MO. 5'37.4
Ml. 642.539.642.135.835.038.735.3
41.641 839.841.5
'36.340.335.0
36 636 8
111.48120. 47
'89.50
' 120. 13
' 107. 46'136.21
' 90. 40
134.7150.398.1
40.340.43.2
41.041.13.4
42.239.840.041.241.1
41.243.340.0
40.438.842.641.239.1
39.439.63.0
40.637.440.235.842.638.741.742.142.141.236.8
41.7
36.8
36.440.435.0
112.44121.361 37 1 ^
Q9 7 '4
90.80
1 3^ 99
120. 721 3fi 83
136. 151 -i o 71
91.49
r Revised. * Preliminary. « Average for 11 months.1 Includes Post Office employees hired for the Christinas season; there were about 124,000
such employees in the United States in Dec. 1966.©Effective Jan. 1965, data reflect change in definition of class I railroads (to $5 million or
more annual railway operating revenues). The index (back to 1963) has been adjusted forcomparability, whereas the number of employees has not. . -vim™
! See corresponding note, bottom p. S-13. 9lncludes data for industries not shounseparately.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
April 1967 SURVEY OF CURRENT BUSINESS S-15
Unless otherwise stated, statistics through 1964and descriptive notes are shown in the 1965edition of BUSINESS STATISTICS
1965 1966
Annual
1966
Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.
1967
Jan. Feb. Mar.p
EMPLOYMENT AND POPULATION—Continued
HOURS AND EARNINGS!— ContinuedAverage weekly gross earnings per production
worker on payrolls of nonagric. estab.f— Con.All manufacturing establishments f — Continued
Nondurable goods industries dollars. .Food and kindred products. doTobacco manufactures doTextile mill products doApparel and related products doPaper and allied products doPrinting, publishing, and allied ind doChemicals and allied products doPetroleum refining and related ind doRubber and misc. plastics products doLeather and leather products do
Nonmanufacturing establishments: tMining 9 - do
Metal mining _ doCoal mining. _ doCrude petroleum and natural gas do
Contract construction.. doGeneral building contractors doHeavy construction doSpecial trade contractors do
Transportation and public utilities:Local and suburban transportation __ .doMotorfreight transportation andstorage.doTelephone communication doElectric, gas, and sanitary services . . do
Wholesale and retail trade doWholesale trade doRetail trade do
Finance, insurance, and real estate:Banking ._ doInsurance carriers do
Services and miscellaneous:Hotels, tourist courts, and motels doLaundries, cleaning and dyeing plants .. do
Average hourly gross earnings per productionworker on payrolls of nonagric. estab.:f
All manufacturing establishments!- _ dollarsExcluding overtimed" do. _
Durable goods industries. .. doExcluding overtimed1 do
Ordnance and accessories doLumber and wood products... doFurniture and fixtures. doStone, clay, and glass products. doPrimary metal industries _ do
Blast furnaces, steel and rolling mills, .doFabricated metal products doMachinery... doElectrical equipment and supplies doTransportation equipment 9 do
Motor vehicles and equipment doAircraft and parts do
Instruments and related products doMiscellaneous mfg. industries do
Nondurable goods industries doExcluding overtime d1 do
Food and kindred products doTobacco manufactures _ . doTextile mill products doApparel and related products doPaper and allied products doPrinting, publishing, and allied ind . doChemicals and allied products doPetroleum refining and related ind. do
Petroleum refining. doRubber and misc. plastics products. . doLeather and leather products do
Nonmanufacturing establishments:!Mining9 do
Metal mining doCoalmining doCrude petroleum and natural gas do
Contract construction.. doGeneral building contractors doHeavy construction doSpecial trade contractors do.I.I
Transportation and public utilities:Local and suburban transportation, .doMotorfreighttransportationandstorage.doTelephone communication do._-_.Electric, gas, and sanitary services do
Wholesale and retail trade doWholesale trade. doRetail trade do
Services and miscellaneous:Hotels, tourist courts, and motels doLaundries, cleaning and dyeing plants . _ I d o ~ ~ ~ ~
'Revised. v Preliminary. « Average for 11 ntSee corresponding note, bottom p. S-13.
94.6499.8779.2178.1766.61
114. 22118. 12121. 09138. 42109. 6271.82
123. 52127. 30137. 45116. 18138. 01128. 16137. 90144.99
108. 20130. 48109. 08131. 2476.53
106. 4966.61
79.2495.86
51.1758.98
2.612.502.792.673.142.172.122.623.183.462.762.962.583.213.343.142.622.142.362.272.432.091.871.832.653.062.893.283.472.611.88
2 923! 06
«3.452.743.693.553.383.94
2.573.072.703.172.032.611.82
1.351.52
lonths.
98.49103.8284.9782. 1268.80
119.35122. 61125. 46144. 58111.7274.88
130. 24133. 77145. 86122. 26145. 51135. 76145. 14152.44
112. 52135. 15113. 27136. 9579.02
111.1168.57
82. 2'199.32
53.3461.12
2.712.592.892.753.202.272.20
3.' 283.582.873.082.643.333.443.302.702.222.452.352. 522.191.961.892.753.162.983.413.602.661.94
3.053.17
•3.612.873.873.743.544.12
2.663.182.793.302.132.731.91
1.431.60
96.88101. 5987.9181.2268.81
116.37119. 74123. 19140. 61111.1475.26
126. 30130. 62142. 45120. 42139. 05130. 30131.41147. 38
109. 10132. 40112.87135. 6277.70
109. 0867.30
81.4799.22
52.5958.90
2.672.562.862. 723.172.202.152.673.243.542.823.042.613.283.383.262.672.212.412.312.492.221.921.882.703.112.943.383.562.641.92
3.003.143.502.843.823.663.444.06
2.613.132.783.262.102.681.88
1.411.55
96.88101. 6684.6481.2269.37
117. 34121. 06122. 64141. 62110. 4673.92
127. 37129. 79143. 44121. 69143. 26134. 32139. 47150. 26
109. 36131. 88111.63133.2577.86
109. 4867.12
81.8498.85
52.1359.82
2.682.562.862.723.172.192.172.683.253.562.843.062.613.283.373.262.682.212.412.322.512.211.921.882.713.122.923.383.572.631.92
2.993.123.492.833.803.653.414.05
2.613.142.773.252.112.691.88
1.391.57
96.96102.2186.4979.9067.51
117. 50120. 82124. 66145. 69110. 6273.33
121.72133. 88111.52122. 41140. 59131. 74137. 94148. 15
111.83131. 36111.08133. 9978.23
110.4367.47
82.2198.85
52.3660.04
2.702.582.882.743.172.252.172.713.283.592.853.062.623.293.413.252.692.212.432.332.532.271.931.872.723.132.943.423.622.641.94
2.943.153.402.863.813.683.444.07
2.653.152.773.262.122.721.89
1.401.58
98.33103. 8986.9481.4568.26
119. 03122. 22124. 49145. 61111.5774.88
130. 85132. 51152. 31121. 84141. 71132. 09137. 07150. 88
113. 52133. 14111.63135. 1478.60
111.1167.64
82.2198.69
52.9761.44
2.702.582.882.743.182.272.192.713.283.592.863.082.633.283.373.292.692.212.442.342.542.271.931.872.733.152.953.413.612.651.94
3.053.143.672.863.833.703.474.10
2.643.172.773.282.132.731.90
1.421.60
cfD9Ir
99.23104. 2488.5584.3568.63
120. 18122. 54125. 76145. 95111.3076.05
132. 80134. 93153. 41121. 70146. 69135. 05150. 45153. 38
113. 52137. 06113. 15134. 7279.45
110. 7069.14
81.1899.06
52.6862.15
2.712.582.882.743.182.282.202.723.293.602. "853.082.633.303.393.302.702.212.452.342.532.301.981.872.753.152.983.413.622.651.94
3.063.163.672.853.833.693.544.09
2.643.182.783.272.132.721.91
1.421.61
erived bicludes d
99.14105. 5987.2381.7667.88
120. 50121.83126. 00147.06110.2774.49
131. 46135. 79145. 70123. 70150. 15137.27154. 07156. 59
114.59136. 42114. 12139. 3580.94
112.2070.48
82.4399.80
53.7261.76
2.712.592.882.743.182.292.192.713.293.612.853.062.623.303.403.302.692.202.462.352.522.321.971.872.773.143.003.423.632.671.91
3.053.18
2.873.853.703.554.11
2.693.182.773.312.132.731.91
1.411.60
y assumata for in
99.23103. 3482.6883.3670.11
120. 77122. 85125. 70142. 72111.0475.85
131. 58134. 62149. 33121. 84149. 38138. 00152. 34155. 70
113.63136. 63112. 33136. 5480.73
111.3870.11
82.2199.32
53.5860.74
2.702.572.872.733.212.302.212.733.283.592.863.072.623.313.423.322.692.202.452.342.492.171.981.902.773.153.003.393.582.651.94
3.063.193.662.863.893.753.614.13
2.683.172.763.292.132.731.90
1.411.59
ng thatdustries i
99.54104. 9283.4183.3867.83
121.92125. 12127. 14146.80114. 2174.09
133. 73136. 64151. 00123. 68
151.67140. 56156. 09157. 88
112.83138. 78114.11137. 8679 92
111! 9369.09
82. 1499.70
53.7361.88
2.742.612.932.78
3.232.332.232.753.323.612.913.112.663.403.543.332.722.232.472.362.512.081.991.902.793.203.023.433.622.701.96
3.113.203.712.913.963.833.694.21
2.683.222.793.332.162.751.93
1.461.62
overtirmlot show
99.94104.0881.9383. 2070.64
121.37125. 51127. 56145. 43113. 5274.68
134. 78135. 14156.98123.68152. 08141.70155. 55157.96
115. 56138. 14114.24141. 2079.86
112.7468.87
82.81100.44
55.0662.65
2.752.622.942.79
3.232.332.242.763.313.59
2.913.122.663.413.553.352.732.232.482.372.522.092.001.932.793.213.033.433.602.691.96
3.123.213.722.913.953.843.664.19
2.703.222.803.37
2. 771.94
1.481.64
} hours £Q separat
100.10104.9081.2483.2170.25
121. 37124. 87128. 29146. 70112. 9876.03
131. 66135. 24146. 20124. 53143. 39136. 26138. 16151.20
114.75136. 43117. 03140. 5379.79
112.8768.64
82.73100.81
54.8361.99
2.762.632.942.803.232.302.242.773.313.582.913.132.673. 403.523.372.732.252.492.392.542.112.011.932.793.213. 043.463.642.691.98
3.123.223.722.933.953.863.574.20
2.703.212.823.372.18
r.951.491.64 1
ire paidely.
100.25106. 1488.2982.2069 87
120. 81125. 51127.98145. 67112.7176. 82
133.45136. 53155. 91124. 49148. 06140. 84141.29155.72
113.28137. 82115.31140.1180.14
114.5269.65
83.78101. 08
55.3562.87
2.772.652.952.823.252.282.262.773.303.562.933.152.683.413.533.362.752.282.502.402.572.182.001.932.793.213.043.463.632.691.98
3.143.223.732.953.983.883.554.22
2.713.222.893.362.162.801.94
1.501.65 1
at the ra
r 99. 40-106.08'83.1681.6170.40
119. 84r 123. 59' 126. 16' 144. 90'111.51
77.79
'133.67' 136. 32'153.38'127.08'148.77'140.48' 142. 16'156.77
' 112. 88' 132. 80'112.97' 139. 18
80.30'114.09
69.15
'85.04'100.74
' 55. 05' 62. 79
'2.78'2.67
2.952.833.25
'2.29'2.26
2.763.31
'3.58'2.93'3.15'2.69'3.403.50
'3.37'2.75'2.32
2.512.42
'2.60'2.20
2.011.952.80
-3.213.043.503.672.70
'2.01
'3.16'3.20
3.752.99
'4.01'3.87'3.59
4.26
'2.723.20
'2.863.372.202.811.97
1.501.67
te of tin
' 99. 18' 104. 92' 82. 08' 80. 40'71.04
'118.44'123.33'125.55'146.50'108.95' 76. 30
'131.04136.00145. 33125. 88142. 84135. 10138. 16149. 67
113. 57134. 60114. 62141. 52' 80. 22113.65' 69. 30
85.19102. 67
55.6362.19
2.782.682.962.84
'3.25'2.32
2.262.77
'3.303.572.93
'3.152.703.383.46
' 3. 382.76
'2.33'2.53'2.44
2.612.282.01
'1.992.80
-3.22'3.04- 3. 53'3.70
2.69'2.04
'3.153.203.672.993.993.863.574.24
2.733.222.883.412.212.82
'1.98
1.521.69
ie and o
100.08106.7887.5280.8071.60
119. 71125. 00126. 77149. 46111.6575.81
131. 36
145. 73
80.81114. 7469.30
2.792.682.962.843.252.332.272 yg3^29
2.933.162.713.373.453.382.762.342.542.452.632.342.012.002.813.233.043.553.732.712.06
3.15
"~3.~96~
'1 841.98
ne-half.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
S-16 SURVEY OF CUKRENT BUSINESS April 1967
Unless otherwise stated, statistics through 1964and descriptive notes are shown in the 1965edition of BUSINESS STATISTICS
1965 1966
Annual
1966
Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.
1967
Jan. Feb. Mar.
EMPLOYMENT AND POPULATION—Continued
HOURS AND EARNINGSf— Continued
Miscellaneous wages:Construction wages, 20 cities (ENR): §
Common labor _ - $ per hr_Skilled labor do
Farm without board or rm 1st of mo doRailroad wages (average class I) do
LABOR CONDITIONSHelp-wanted advertising, seas, adj.- .1957-59 =-100__Labor turnover in manufacturing estab.: f
Accession rate, total. .mo. rate per 100 employees _ .Seasonally adjusted do
New hires doSeparation rate total do
Seasonally adjusted doQuit __do. ._Layoff do
Industrial disputes (strikes and lockouts):Beginning in period:
Work stoppages numberWorkers involved thous
In effect during month:Work stoppages numberWorkers involved thous
Man-days idle during period doEMPLOYMENT SERVICE AND UNEMPLOY-
MENT INSURANCENonfarm placements thousUnemployment insurance programs:
Insured unemployment, all programs© doState programs:
Initial claims doInsured unemployment weekly avg1 do
Percent of covered employment: d"UnadjustedSeasonally adjusted
Beneficiaries weekly average thousBenefits paid mil $
Federal employees, insured unemployment,weekly average thous
Veterans' program (UCX):Initial claims do
Beneficiaries weekly average doBenefits paid mil. $
Railroad program:Applications thous..Insured unemployment, weekly avg .__doBenefits paid mil. $__
3.4154.9511.14
i 3 008
155
4.3
3.14.1
1.91.4
3,9631,550
23, 300
6, 473
1,419
12 0471,328
3.0
1,1312,166
25
2663634
67.5
13830
60. 5
3,6235.2071.23
190
4.8
3.84.6
2.61.2
4, 2001, 800
25, 000
6,493
1,123
10, 5751,061
2.3
8951,771
21
1822119
39.5
14520
30.3
3.5205.087
3.134
191
4.24.93.13.64.41.81.01 2
240107
380142865
460
1,678
9851,590
3.62 6
1,413217.2
29
183130
4.6
428
4.1
3.5205.097
3.049
201
4.95.23.74.14.62.31.01 2
310198
450236
1,350
5-17
1,381
7691,301
2.92 3
1,272225.5
26
172726
4.6
526
5.2
3.5335.1081 28
3.083
189
4.64.83.64.34.72.51.01 2
350228
500379
2,450
533
1,112
6931,044
2.32.2931
155.5
21
132221
3.6
623
3.6
3.5675.141
3.083
185
5.15.14.14.34.72.5.9
1.1
480208
640294
2,870
568
916
665862
1.92.1806
126. 1
18
121818
2.9
4218
3.8
3.6445.213
3.075
184
6.75.35.64.44.92.51.01.3
430150
660243
1,950
622
841
690793
1.82.1702
114.4
18
141716
2.9
2515
2.9
3.6785.2381.26
3.095
186
5.14.63.95.35.02.52.01.7
420235
660299
2,980
549
1,001
1,019947
2. 12.4719
113.8
19
171915
2.4
1816
2.1
3. 6935. 273
3. 060
189
6.45.14.85.84.83.61.11.0
440108
700331
3, 420
619
980
826928
2.02.4791
] 43. 1
18
161918
3.2
815
3.7005. 294
3.098
189
6.15.04.76.65.14.51.01.1
380117
620221
1,950
619
802
626755
1.62.2640
106.5
16
121514
2.6
16
3.7005.3011.18
3.106
193
5.15.14.14.84.52.81.11.0
390193
630260
2, 290
592
799
709753
1.62.1589
93.7
16
131412
2.1
616
3.7105.330
194
3.94.93.14.34.52.11.31.1
320114
550221
2, 170
513
955
915903
1.92.2673
114.8
17
151613
2.4
618
2. 6
3.7205.335
193
2.94.5
I'. 24.41.71.81.3
15033
360148
1,810
421
1,313
1, 2801,254
2.72.4902
157.6
20
172116
3.0
19
3.7485.3551.33
189
'4.3'4.6'3.0'4.5'4.6'2.1
1.51.4
27598
440190
1,270
440
1,631
1,3461,558
3.32.4
1,276224. 8
23
192522
4.0
25
3.7525.364
190
P3.6P 4 . 2*2.6"3.9P 4 . 7"1.8pl .3p l . 5
325106
465151
1,280
407
1,654
1,0871,582
3.42.5
1,349219.5
24
152523
3.9
23
3.7575.371"1.34
P185
FINANCE
BANKING
Open market paper outstanding, end of period:Bankers' acceptances mil. $Commercial and finance co. paper, total do
Placed through dealers _ _ do _Placed directly (finance paper) do
Agricultural loans and discounts outstanding ofagencies supervised by the Farm Credit Adm.:
Total, end of period mil $Farm mortgage loans:
Federal land banks doLoans to cooperatives doOther loans and discounts do
Bank debits to demand deposit accounts, exceptinterbank and U.S. Government accounts,annual rates, seasonally adjusted: A
Total (233 SMSA's)O ' bil. $New York SMSA . do
Total 232 SMSA's (except N.Y.) do6 other leading SMSA 'si do226 other SMSA's do
Federal Reserve banks, condition, end of period:Assets, total? - - - - mil. $.
Reserve bank credit outstanding, total 9 _ _ d oDiscounts and advances do._.U.S. Government securities do
Gold certificate reserves do
Liabilities, total 9 -._ do
Deposits, total doMember-bank reserve balances^ do
Federal Reserve notes in circulation _do
Ratio of gold certificate Reserves to FR noteliabilities percent-.
3, 3929, 0581,9037, 155
8 080
4,2811 0552,745
5, 151.82, 138. 53, 013. 31,140.91,872.4
65, 371
43, 340137
40, 76813 436
65, 371
19 62018,44737, 950
35.4
3, 60313, 2793, 089
10, 190
9 452
4 9581 9903,205
5,923 12, 502. 23, 420. 91, 328. 12, 092. 7
70. 332
47, 192173
44, 282I9 674
70, 332
20 97219, 79440, 196
31.5
3,31310, 365
8 537
8 qfi7
A QCC
1 1 A^
2 007
5, 673. 02, 375. 63, 297. 41, 265. 12, 032. 3
63, 794
42, 717315
40, 18913, 432
63, 794
19, 20518,01437, 322
36.0
3,38810, 7329 Qgg
8* 666
8 570
4 4771 1372* 956
5, 784. 62,411.73, 372. 91,313.62, 059. 3
64, 124
42, 840327
40, 73413, 204
64, 124
19, 23318, 00037, 432
35.3
3,46411,2392 2538 986
8 788
4 5531 1483' 087
5, 858. 02, 501. 53, 356. 51,281.62, 074. 9
65, 452
43, 285452
40, 71313, 190
65, 452
19, 84118,73637, 536
35.1
3,41811,4379 113
9 324
8 946
4 6471 1063 193
5, 909. 22, 513. 53, 395. 7"1,326.82, 068. 9
64, 797
43, 940441
41, 48013, 092
64, 797
19, 67318, 11937, 880
34.6
3,42010,7699 0908 679
9 145
4 7251 1053 315
5, 908. 32, 494. 13,414.21, 327. 02, 087. 2
66, 520
44, 656292
42, 16912, 993
66, 520
20, 08318, 56738, 258
34.0
3,36912, 183
9 892
9 351
4 7881 1673 396
5, 868. 32, 394. 13, 474. 21, 343. 62, 130. 6
67, 574
45, 816877
42, 38012, 890
67, 574
21,35419,15538, 583
33.4
3, 38712, 835
10 182
q 412
4 8r>3- 1903 368
6, 092. 42, 597. 03, 495. 41, 357. 12, 138. 3
66, 342
44, 450386
42, 51812,788
66, 342
19, 59117, 39938, 660
33.1
3,37011,7782 7739 005
9 406
4 9001 1993 308
6, 105. 22, 559. 13, 546. 11, 387. 22, 158. 9
67, 385
45, 475773
42, 90712, 779
67, 385
20, 88719,53838,. 623
33.1
3,35913, 0452 97710 068
9 381
4 9261 2193 936
6, 065. 42, 551. 83, 513. 61, 364. 92, 148. 7
67, 257
45, 501410
42, 97512, 776
67, 257
20, 76719, 33838, 759
33.0
3,45714,1693 153
11 016
9 357
4 938I 9753 143
6, 078. 52, 566. 63,511.91, 373. 82, 138. 1
68, 376
46, 281458
43, 91212, 667
68, 376
19, 98719, 09339, 581
32. 0
3,60313,2793 08910 190
9 452
4 9581 2903 205
6, 406. 52, 844. 63, 561. 91, 405. 12, 156. 8
70,332
47, 192173
44, 28212,674
70, 332
20, 97219, 79440, 196
31.5
3, 60115, 1613 44911 712
9 560
4 9861 3233 251
6, 409. 12, 847. 33,561.81, 362. 22, 199. 6
67, 493
45, 60271
43, 46412, 678
67, 493
20, 17118,77339,216
32.3
3,57515, 1993 781
9 721
5 0361 3423 343
6, 294. 92, 724. 73, 570. 21,389.52, 180. 7
67, 490
45, 799165
43,97112, 626
67, 490
19, 87918, 91639,115
32.3
67,385
46, 50742
44, 90812, 611
67, 385
20, 56119,14839,013
32.3
'Revised. r> Preliminary. 1 Includes adjustments not distributed by months.§Wages as of Apr. 1, 1967: Common labor, $3.757; skilled labor, $5.374.(See corresponding note, bottom of p. S-13. « As of Apr. 1. 1967.0Excludes persons under extended duration provisions.c?Insured unemployment as % of average covered employment in a 12-month period.' Corrected,
ARevised series.OTotal SMSA's include some cities and counties not designated as SMSA's.^Includes Boston, Philadelphia, Chicago, Detroit, San Francisco-Oakland, and Los
Angeles-Long Beach.9 Includes data not shown separately.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
April 1967 SUKVEY OF CURRENT BUSINESS S-17
Unless otherwise stated, statistics through 1964and descriptive notes are shown in the 1965edition of BUSINESS STATISTICS
1965 1966
End of year
1966
Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.
1967
Jan. Feb. Mar.
FINANCE—Continued
BANKING- Continued
All member banks of Federal Reserve System,averages of daily figures:
Reserves held, total . _ _ _ - _ . _ mil. $_Required- - - _ - - - - - - - - doExcess - . do
Borrowings from Federal Reserve banks doFree reserves do
Largo commercial banks reporting to Federal Re-serve System, Wed. nearest end of yr. or mo.:0
Deposits:Demand, adjustedo71 mil. $Demand, total 9 do
Individuals, partnerships, an d corp doState and local Governments __ . doU.S. Government doDomestic commercial banks do
Time, total 9 _ _ doIndividuals, partnerships, and corp.:
Savings doOther t ime. - _ _ - _ do_ __
Loans (adjusted), totaled--- - - doCommercial and industrial doFor purchasing or carrying securities doTo nonbank financial institutions doReal estate loans doOther loans do
Investments, total doU.S. Government securities, total do
Notes and bonds doOther securities do
Commercial bank credit (last Wed. of mo., exceptfor June 30 and Dec. 31 call dates), seas. adj.:t
Total loans and investments© bil. $Loans O . _ _ _ _ _ . . . doU.S. Government securities doOther securities do
Money and interest rates: §Bank rates on short-term business loans:
New York City do7 other northern and eastern cities do11 southern and western cities do
Discount rate (N.Y.F.R. Bank), end of year ormonth percent
Federal intermediate credit bank loans doFederal land bank loans. __ .do ...Home mortgage rates (conventional 1st mort-
gages) :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). _ _ d oCommercial paper (prime, 4-6 months)__doFinance Co. paper placed directly, 3-6 mo-doStock Exchange call loans, going rate doYield 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 period mil. $_ -U.S. postal savings ^ do
CONSUMER CREDITt(Short- and Intermediate-term)
Total outstanding, end of year or month mil. $._Installment credit, total _ _ _ do .
Automobile paper doOther consumer goods paper . . doRepair and modernization loans doPersonal loans. _ _ _ . . . _ _ d oBy type of holder:
Financial institutions, total. . _ doCommercial banks. doSales finance companies doCredit unions doConsumer finance companies . _ do _Other do
Retail outlets, total do...Department stores doFurniture stores __ _ . doAutomobile dealers . . _.do -Other do
Noninstallmerit credit , total doSingle-payment loan s , total do
Commercial banks doOther financial institutions . _.. . do
* 22, 719i 22, 267
1 45214541 —2
75, 901
110 20181,070
5,8544,059
12, 39985, 298
50, 69422,111
125, 78953, 1136 633
11,18725 57734 91752 81126 63821 59196 173
294 4192 057.744 8
3 5 QQ
3 4 833 5 093 5 34
4 5034.943 5.43
35.7635.89
M.2254.38s 4. 275 4. 69
5 3. 954s 4 22
30, 312309
87, 88468, 56528 84317, 6933, 675
18, 354
60, 27329 17316 1387,5125, 6061 8448,2924,4881,235
4472 122
19, 319
7, 6826, 5871.095
1 23, 8301 23, 438
*392*557
1 —165
74 983
114 62682, 985
6,1273,879
13, 838
89, 495
47 09928, 979
r!34, 571' 60, 747
6 686r 11,225
27 429T 34 543
51 41024, 75019 76826 660
2 310 72 208 2' 54. 32 48 3
3 6 003 5 843 6 063 6 14
4 503 5.823 5.72
3 6.1136.24
5 5.365 5. 55' 5.42s 5. 78
5 4. 8815 5 16
32,025122
94, 78674 65630 96119 8343,751
20 110
65 56532 15516 9368 5496 0141 911
9,091
490
20, 1307,8446, 7141.130
22, 23321, 862
371478
-107
71,369105, 85277, 169
5,9753,371
12, 587
86, 774
50,41023, 962
125, 69153, 855
6, 45010,71125 82234 01950,68424, 65420 29126 030
297 5196 255. 945 4
4 505.355.43
5. 855.97
4.864.884.885.25
4.6705. 02
30, 574299
86, 56568, 27928, 89417, 3863,603
18, 396
60, 33129, 31216 0727,4735,6211 853
7,948
451
18, 286
7,7316,6301.101
22, 16021,855
305551
-246
72, 357
103,81876, 0286,1033,476
11,51188, 219
50,51025,146
127, 20755, 199
6,21810,91325,97134 948
49, 70823, 68919, 94526, 019
300.3198.656.045.7
5 555 415 585 70
4.505.405.48
5.906.01
4.965.215. 025. 41
4.6264.94
30, 797292
87, 059
C8, 82729, 24817, 4503, 597
18, 532
60, 86329, 68416,1067, 5935,6301,8507,964
459
18, 232
7, 7956, 6761.119
22, 52822, 170
358626
-268
74, 005107, 79079, 0095,9464,260
11,79989, 060
48,71127,110
128, 35755, 031
6, 86411,10626, 16034 708
50, 88924, 13620, 09926, 753
302. 9200.855.946.2
4.505.535.49
5.996.09
5.005.385.255.50
4.6114.86
30, 496277
88, 18469, 54329, 59717, 5973, 602
18, 747
61,53930, 12716. 1917,7115, 6701,840
8,004
466
18, 641
7, 8366, 7171.119
22, 48722, 117
370722
-352
71,777109, 35377, 4676,5285,029
12,68690, 008
48, 42628, 272
130, 61056, 384
6,97411,24626, 41035, 79149, 93422, 95319, 48726, 981
304.9202.355. 147.4
4.505.655.52
6.026.16
5.185.395.385.50
4.6424.94
30, 581230
89, 09270, 20929, 90817, 7323,642
18, 927
62, 17830, 50716, 2637,8395, 6951,874
8, 031
472
18, 883
7, 9256,7841,141
22, 53422 212
322674
-352
'70, 236'107, 169'74, 679r 6, 103r 7, 678'11, 422
'89, 234
'47,818'28, 427
'131,338'57,752' 6, 946'11,772'26,311'34,529'49,454'22,121'19,293'27,333
2 307. 72 204. 0
55.1248.6
5 825 655 866 00
4.505.685.60
6.076.18
5.395.515. 395.52
4.5395.01
30, 716192
90, 07071,19430, 40217, 9593,677
19. 156
63, 09731,01316, 4548, 0095, 7421,879
8,097
480
18, 876
7, 9016, 7671,134
23, 090'22.686
'404766
'-362
'70, 647'105,509'75,914
5,986'4,310'12, 266
'91, 024
47,386'30, 626
'132,373'59,007' 6, 140'11,34426,868'34,519'49,79022, 287'19,591'27,503
309.2206.454.448.5
4.505.915.93
6.126.24
5.585.635.516.00
4.8555.22
30, 868182
90, 65071,86230, 68018, 1653,711
19, 306
63, 74531,39816, 5858,0935,7911,878
8,117
485
18, 7887,8446,7201,124
22, 65522, 317
338728
-390
'71, 221
'104,509'76,597
5,7383,177
12, 058
'91, 254
47, 22830, 859
'131,236'58,274
6,49610, 454'27,136'35,23550, 87423, 47419, 24827, 400
310.8206.6
56. 148.1
4.505.995.96
6.186.35
5.675.855.636.12
4.9325. 58
31, 006169
91,48372, 64030, 91818, 3903, 755
19, 577
64, 45431,73716,7328,2385, 8461,901
8,186
489
18, 8437,8496,7181,131
23, 24022, 842
398766
-368
71,052104,71276, 1255,6964,512
11,71090,379
47, 23730, 304
132,012'59,4085,821
10, 822'27,332'34,338'47,29323, 12719, 03327, 500
308.7206.154.348.3
6 306.136 406 42
4.506.135.96
6.226.40
5. 755.895.676.25
5.3565.62
31,290159
91, 63972, 82930, 79318, 5643,771
19, 701
64, 61331, 77816, 7598, 3245,8581,894
8, 216
487
18,8107,8146. 6921, 122
23, 33323, 031
302733
-431
'72, 472'107,392'77,517
6,6143,460
12, 692
88, 735
46, 96229, 197
131,986'59,691
5,703'10,64227, 446'33,956'46,37622, 81018, 94326, 768
308.1207.352.448.4
4.506.295.96
6.326.49
5.726.005.826.25
5.3875.38
31, 398147
91,89973, 07330, 85218,7143,770
19, 737
64, 79231,87816,7718,3915,8631,889
8,281
489
18,8267,7686, 6561,112
23, 25122, 862
389611
-222
'72,997'108,81779, 3596,3002,779
13, 077
88, 383
46, 92428, 944
'131,551'60,010' 5,334'10,346'27,490'34,57149, 82323, 43819, 58926, 385
308.4207.352.948.3
4.506.335.96
6.406.50
5.676.005.886.25
5. 3445.43
31,590140
92, 498
73, 49130,93718,9453,772
19, 837
65,04631,97816,7908,4805,8811,917
8, 445
490
19, 007
7,8076,6781,129
23,83023,438
392557
-165
74,983114, 62682, 9856,1273,879
13, 838
89, 495
47, 09928, 979
'134,571'60,747
6,686'11,22527, 429'34,64351,41024, 75019, 76826, 660
310.7208.2'54.3
48.3
6 316.166.386.46
4.506.385.96
6.446.52
5.606.005.886. 25
5.0075.07
32, 025133
94, 78674, 65630, 96119, 8343,751
20,110
65, 56532, 15516, 9368,5496,0141,911
9,091
490
20,1307,8446, 7141,130
24,07523,702
373389-16
73, 703111,76879, 2156,7713,355
13, 481
92, 985
46, 45932, 425
133, 26860, 2587,419
10, 29627, 291'34,34553, 16325, 75820, 24627, 405
314.5211. 353.849.5
4.506.385.96
<6.4746.54
5.235. 735. 506. 20
4.7594.71
32,341109
93, 47974, 01530, 68919, 6493, 703
19, 974
65, 16232, 03316, 8148,4435,9691,903
8,853
488
19, 464
7,7796, 6591,120
'23, 710'23, 352
'358362
r _4
72, 600
109, 63579, 254
6,3102,944
13, 236
94, 240
46, 60933, 013
132, 35060, 7306,7999,942
27,16833, 80854, 14725, 62921, 05828, 518
316.2210.754.950.7
4.506.385.96
6.446.49
4.885.385. 195.75
4.5544.73
32, 564102
92, 517
73, 59830, 53019, 4263,666
19, 976
64, 96631, 90716,6968,4295, 9651,9098,632
485
18, 919
7,7546,6341, 120
23, 40(22, 96<
43'19<23!
72,84106, 5977,465,933,75
12,4696,13
47,0934,05
133, 0261,966,649,61
27,1333,8556,0326,7721,2429,26
321.212.57.51.
a 4. 5
4.05.25.05.7
4.284.5
9
:i Discount rate for Apr. 7 is 4.00 percent. ' Revised.1 Average for Dec. - Effective with the June 9 change in Federal Reserve regulations,
data exclude loan balances accumulated for payment of personal loans (about $1.1 bil.); begin-ning June 30, about $1 bil. of certificates, formerly in "other loans," are in "other securities."-1 Average for year. •' Beginning Jan. 1967, data are on a new basis; they are not comparable,with earlier iigures. 5 Daily average.
©All data shown reflect changes in coverage and format; comparable data for July 1965Jan. 1966 appear in the Mar. 1967 issue of Federal Reserve Bulletin.
cf For demand deposits, the term "adjusted" denotes demand deposits other than domestic
commercial interbank and U.S. Government, less cash items in process of collection; forloans, exclusive of loans to domestic commercial banks and after deduction of valuationreserves (individual loan items are shown gross; i.e., before deduction of valuation reserves).
9Includes data not shown separately. {Revised monthly data for commercial bank credit,prior to June 1965 appear on p. 28 of the Nov. 1966 SURVEY; those for consumer credit priorto Mar. 1965 appear in the May 1966 Fed. Reserve Bulletin. ©Adjusted to exclude inter-bank loans. §For bond yields, see p. S-20. ^Monthly data are as of the following dates:1966—Feb. 25; Mar. 25; Apr. 22; May 20; June 30; July 15: Aug. 12; Sept. 9; Oct. 7; Nov. 4;Dec. 2; 1967—Jan. 27; Feb. 24; Alar. 24.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
S-18 SURVEY OF CURRENT BUSINESS April 1967
Unless otherwise stated, statistics through 1964and descriptive notes are shown in the 1965edition of BUSINESS STATISTICS
1965 1966
Annual
1966
Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.
1967
Jan. Feb. Mar
FINANCE—Continued
CONSUMER CREDIT§— Continued
Total outstanding, end of year or month— Con.Noninstallment credit— Continued
Charge accounts, total mil. $_
Other retail outlets doCredit cards do
Service credit - - - - do
Installment credit extended and repaid:Unadjusted:
Extended total do_ _\utornobile paper doOther consumer goods paper doAll other do
Repaid total do _Automobile paper _ _ _ -doOther consumer goods paper doAll other do. -
Seasonally adjusted:Extended total do
Automobile paper doOther consumer goods paper doAll other do
Repaid total do
Other consumer goods paper do\11 other do
FEDERAL GOVERNMENT FINANCE
Net cash transactions with the public: d"Receipts from mil. $Payments to -doExcess of receipts or payments ( — ) do
Seasonally adjusted, quarterly totals: |e e [ i - _ - _
F f P ints or nivment<; ( } do
Receipts and expenditures (national income andproduct accounts basis), qtrly. totals, seas.adj. at annual rates: *
Rcceiuts bil $
S I i f i c i t ( ") d o
Budget receipts and expenditures:Receipts total mil $
Receipts netf - -do_ __Customs do
Individual income taxes doCorporation income taxes doEmployment taxes do
Expenditures total! do_Interest on public debt doVeterans' benefits and services doNational defense - do\11 other expenditures do
Public debt and guaranteed obligations:Gross debt (direct), end of yr. or mo., total-bil. $--
Interest bearing, total _ . -- _do_Public issues do
Special issues d o _ _
Noninterest bearing and matured .-do
Guaranteed obligations not owned by U.S. Treas-ury end of year or month bil. $
U.S. savings bonds:Amount outstanding, end of yr. or mo-_.doSales series E and II do _Redemptions do
LIFE INSURANCE
Institute of Life Insurance:Assets, total, all U.S. life insurance companies J
bil $Bonds (book value) total doStocks (book value), total doMortgage loans total do
Nonfarm do
Real estate doPolicy loans and premium notes doC'ish doOther assets do
Payments to policyholders and beneficiaries in" U.S., total -- mil. $
\latured endowments doDisability payments do
Annuity pavments doSurrender values doPolicy d i vidends do
i 6, 7461 968
1 5 055i 723
1 4, 891
75, 50827, 91421. 45426, 140
67, 49524. 26719, 35523, 873
123,376127, 920—4 544
124 9193 4
1 6
124 35496, 6791 , 646
56 10227 03517 26822 303
101,37811 6155 151
52! 77332 582
i 320. 901 316. 52i 270 26
1 1 T 51
i 46. 26i 4. 39
1 46
i 50. 464 495 44
1 158 881 70 15
i 9.13* 60. 01i 55.19
1 4.68i 7. 681 1 50» 5. 73
11.416.64 831 4
931 1163 0
1 038 91 93° 3
1 2,519.9
i 7, 144
18741 5, 142
78, 89628, 49123, 50226, 90372, 80526, 37321,36125, 071
145, 136150, 868— 5 731
142 5142 2
3
146, 863110,802
1,93066, 15131, 98624, 05922 736
118, 07812, 7525,838
64, 27135, 872
i 329. 32i 325. 02i 273. 03i 16 69151.99
i 4. 30
1.49
i 50. 924.866.00
12, 342. 25 918 2'98L 6
169. 31 152.62, 120. 62, 699. 9
5,505
7465,050
5,5172,0841,5271,9065, 5521,9791,7071,866
6, 4922,3401,9572, 195
5,9542 1351,7812,038
12,40011,2641 136
12,4328, 335
129
6 986573
3, 1171 6278,156
976513
4, 4832 200
323.31
318. 92273. 1415 8245. 784.39
.43
50. 45.35.46
160. 2370. 667.29
60. 8855. 994.707.771 307.63
909.8403 577.91° 2
90.0157. 0169. 2
5, 393
7555,044
6,8652,6761,8902,299
6,3172,3221,8262, 169
6,6732, 4791,9592,235
6,0242, 2161,7082,100
13, 80412, 0861,718
33, 68436,908— 3,224
136.0133.7
2.3
15, 70111,297
168
4,3767,2442,0401 873
10, 1931,035
5255,6003, 038
321.00316. 58270. 62
15 6445.96
4.42
.46
50.49.46.54
160. 8070. 98
7.2761. 2956. 32
4.727.851.027.67
1,139.5503 0
94.816.6
100.3196. 5
1 228. 3
5,670
7655, 135
6,6582,4861,8742,298
5,9422,1371,7272,078
6,5052,3021,9582, 245
5,9742 1451,7292,100
11,85311,325
528
13, 0729,929
151
7,3412,4401,3201,8218,3621,013
2894,9952,078
319. 58315.22270. 3015 4744.92
4.36
.47
50. 52.43.51
161.4871.157.28
61.7156.65
4.737.96.90
7.74
984.2418 182.313.6
90.9178. 6200.7
5,860
7885,098
6. 6942,5261,8982, 270
6, 0282, 2151,7632,050
6, 4722,2981,9332, 241
5, 9792 1591,7842,036
13,91612, 8211,095
13, 7468,452
158
7,389751
3,6151,8339,0551,025
4854,8952,650
322. 36317. 93269. 1215. 5848.80
4.43
.47
50.58.41.47
162. 0471.187.31
62. 1056.98
4.748.051.017.65
978.7425. 180.914.092.5
178. 2188.0
5,908
8245,067
7,2362,7462,0132,477
6,2512, 2521,7862,213
6,6752,4191,9442,312
6,1262,2111,7672, 148
20, 39112, 0538,338
39, 64935, 9833,666
141.0137.1
3.8
20,81717,151
172
7,2958, 2512, 7192, 380
9, 4391,068
3596, 3031, 757
319.91315. 43264. 31
15 5051. 124.48
.46
50.63.40.49
162. 5171.107.33
62. 5557.38
4.748.161.007.63
1, 081. 1450 088.015. 2
95.7189.4242.8
5,888
8615,056
6,6702,4661,9452,259
6,0022, 1881,7392,075
6,7322, 3832,0502,299
6,1682,2381,8032,127
8,10312, 927
-4, 824
7,9935,702
158
3,725878
1,6741,558
10,2631,091
4504,9103,851
319.28314. 88264. 1815.5850.70
4.40
.49
50.70.41.50
163.4971.597.38
62.9757. 78
4.788.291.127.36
916. 2406. 273.013.795.3
165.0163.0
5,973
9165, 021
7, 0252,5432, 0232, 459
6,2472, 3051,7982,144
6, 6892,4311,9952,263
6, 0872, 2231,7922, 072
11,76415. 206-3 442
10, 5867,197
179
5, 268606
2, 6141,920
11,0421,064
4445,5604, 025
324. 42319. 7026S. 4615.9653.24
4.72
.48
50.74.39.48
163.9471.657.36
63.3458. 13
4.798.451.187.17
1, 087. 1459. 1
77.613. 0
] 00. 4182.6254. 4
5,993
9325,003
6,1892,0701,9352,184
6,0002,1951,7612,044
6,5782,3871,9582,233
6,1032, 2131,7842,106
14, 74813, 1501,598
36, 33940, 041
-3, 702
145.3145.8
— .5
14, 83312, 475
170
6, 4004, 5471, 7931, 924
11,8831, 086
5325,9734,345
324. 75320. 01266. 95
16 0253.07
4.73
.50
50. 70.40.57
164. 4971.627.29
63.6858.46
4.828.671.107.31
1,022.0419 179.915.0
95.0176.9236.1
6,107
8984,951
6,4032,3691,9492, 0856,1592,3101,7992, 050
6,5222, 3781,9412, 2036, 1422, 2441,8202,078
7,52312, 604
-5,080
7,9105,811
170
3,711797
1,2202,011
10,9771,098
5465, 5364,122
326. 89322. 30270. 41
16 0651.89
4.59
.50
50.77.41.47
165. 4371.697.34
64 0158. 784.848.871 267.43
993.5421 180. 112.4
94.2174. 1211.6
6,199
8785,001
6,6112, 3462,0442 221
6, 1932,2611,8132,119
6,6572,4611.9472,249
6,2132 2551,8362, 122
10, 69813, 654
- 2, 955
9,8197,394
179
5,303580
1, 8681 888
10, 3861,100
5555,5003 233
329. 41324. 86272. 31
16 2952. 554.55
.49
50.84. 37.41
166.2271.877.36
64. 3559. 12
4.841 9.00
1. 337.47
956. 0407 0
79. 213. 1
98.2166.9191.6
7,144
8745,142
7, 4422, 1782,7202, 5446,2772, 1541,8312,292
6,4332, 2971,9282,208
6, 1129 995
1,7962, 091
12,84512, 545
299
36, 80237, 820
— 1,018
147.9151.5—3.6
12, 81510, 606
1614, 2174,6361,6552, 1469, 5121, 160
6105,9111.861
329. 32325. 02273. 03
16 6951.994.30
.49
50. 92.37.45
166. 9471.787.44
64.8059.56
4.889.141.497.43
1, 309. 8494.282.816.1
95.6193.3427. 8
6,472
9085,213
5,6741,9231,8081,943
6,3152,1951,9932,127
6,5012,2402,0312, 2306,2212 2021,8822, 137
11, 25111,641-390
11,3249,386
1606,749
8231,6731,9189,9871, 173
467r 6, 201r 2, 238
328. 87324. 94273. 6916.9051.25
3.93
.50
50.93.49.63
168. 2172. 347.50
65.1959.96
4.889.251.407.64
1, 048. 2456.093.214.8
116.5177.7190.0
5,824
8955,341
5,4881,9161, 6551,917
5,9052, 0751,8781,952
6,4972, 1772, 0999 291
6,2812 2171,9152,149
12, 30811,852
456
12, 0467,757
1346,212
6353,3521 713
9,4591,108
5625, 7642,042
329. 62325. 69274. 2018 0451. 493.93
.51
51.01.43.47
168. 9372.59
! 7.5865.5060. 264.899.341.337.70
968. 1416.6
: 80.013.4
98.8! 167.11 192. 2
158.7
330. 95327. 01274. 95
52. 06
-3.94
.51
51.09.46.52
1 Revised. p Preliminary.! End of year; assets of life insurance companies are annual statement values.^See note "t" on p. S-17. o"Other than borrowing. I Revisions prior to 1965 for cash
transactions with the public (seas, adj.) and for Jan. 1964-Jan. 1966 for assets of all life insur-ance companies will be shown later.
*New series; latest revised data for earlier periods appear in the Aug. 1965 and July 1966issues of the SURVEY. K'Data for net receipts and total expenditures reflect exclusion ofcertain interfund transactions.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
April 1967 SURVEY OF CURRENT BUSINESS S-19
Unless otherwise stated, statistics through 1964and descriptive notes are shown in the 1965edition of BUSINESS STATISTICS
1965 1966
Annual
1966
Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.
1967
Jan. Feb. Mar.
FINANCE— Continued
LIFE INSURANCE— Continued
Life Insurance Agency Management Association:Insurance written (new paid-for insurance) :t
Value estimated total mil. $Ordinary _ . d oGroup and mass-marketed ordinary do_Industrial do
Premiums collected: tTotal life insurance premiums do
Ordinary doGroup and wholesale doIndustrial do
MONETARY STATISTICS
Gold and silver:Gold:
Monetary stock, U.S. (end of period) __ . rn i l . $..Net release from earmark § doExports thous. $Imports do
Production, world total mil. $South Africa doCanada doUnited States do
Silver:Exports thous $Imports doPrice at New York . . _dol. per fine ozProduction:
Canadaj thous fine ozMexico doUnited States do
Currency in circulation (end of period) bil $
Money supply and related data (avg. of daily fig.) : JUnadjusted for seas, variation:
Total money supply bil $Currency outside banks doDemand deposits do
Time deposits adiustedl- doU.S. Government demand deposits do
Adjusted for seas, variation:Total money supply do
Currency outside banks doDemand deposits „ do
Time deposits adjusted^ do
Turnover of demand deposits except interbank andU.S. Govt., annual rates, seas, adjusted: t
Total (233 SMS A 's) 9 ratio of debits to depositsNew York SMS A _ do :
Total 232 SMSA's (except N Y ) do6 other leading SMSA'sd* do_-226 other SMSA's do
PROFITS AND DIVIDENDS (QTRLY.)
Manufacturing corps. (Fed. Trade and SEC):Net profit after taxes, all industries mil $
Food and kindred products doTextile mill products doLumber and wood products (except furniture)
mil $ iPaper and allied products doChemicals and allied products doPetroleum refining doStone, clay, and glass products do 'Primary nonferrous metal do 'Primary iron and steel. doFabricated metal products (except ordnance,
machinery, and transport equip ) mil $Machinery (except electrical) doElec. machinery, equip., and supplies doTransportation equipment (except motor
vehicles, etc.) _ mil $Motor vehicles and equipment doAll other manufacturing industries do
Dividends paid (cash), all industries do <Electric utilities, profits after taxes (Federal Re-
serve) mil $Transportation and communications (see pp. S-23
and S-24).
SECURITIES ISSUED
Securities and Exchange Commission: 1Estimated gross proceeds, total . mil. $
By type of security:Bonds and notes, total do
Corporate ._ do iCommon stock doPreferred stock. _ do i
'r142,166r 82, 521] 52,349
7,296
15, 17611,3572 4361 383
13, 733— 198
1,285,097101 669
21, 430. 01,069.4
125.658 6
54, 06164 769
1.293
31,91740, 33344, 423
42. 1
162. 635.3
127. 3137.6
6.3
48.399.635.344.931.3
27,5211,896
694
3384753
3, 1884 442
761970
1.401
1 1512 4991 926
7213 496
4 3, 285
11 979
9 sgg
40, 108
37 83613, 7201,547
725
' 122, 479* 88, 399
27, 2706,810
15,94611,9472,6441,356
13, 159-50
457, 33342,004
1. 080. 8114. 6
114, 325' 78, 378
1.293
45, 047
44.7
169.737.5
132.23153.7
5.0
52.8109.438.350.133.3
30, 9372,102
702
345911
3,4745,055
7991,2981,487
1,3953,0582,379
8213,0534,058
12 958
2 764
45, 015
42, 50115,5611,939
574
T 8, 641'6,711
1,392538
1,22692120897
13, 730-31
02,159
87.8'9.7
8,8756,5461.293
2 4244, 0273,026
41.3
167.8. 36. 4131.4148.7
5. 2
168. 236.8
131.4148 5
50.6105.236.847.532.5
3,008
2,8781,143
5575
r 11,539'8, 1672, 750
622
1, 3801,058
221101
13, 63420
67, 77510, 766
90. 5'10.3
7,9296,4521. 293
2, 9603,7364,149
41.5
167. 836.6
131.3150.2
4.6
169.336.9
132. 3149.5
51.3106.037.648.532.9
7,229469162
68213847
1,207115294324
313680546
186973833
3 040
758
4,250
3,8332,065
39621
' 10,340r 7, 475
2, 291574
1,265957206102
13,632—57133
2 463
90.8'10.3
7,3587 2771.293
2,5833, 7233, 555
41.5
171.636.8
134.8152. 2
3. 1
170. 937.2
133.7151 4
52.7111.837.647.933.2
3,668
3,4571,372
18228
' 10,107' 7, 600
1,878629
1,321999218105
13, 53226
101, 4011,931
91.9' 10.4
15, 527r 5, 698
1.293
2,7922,9613,793
42.1
166. 937.0
129. 9153.9
7.2
170.237.3
132.9153.0
52.6109.537.849.732.8
3,182
3,1141,037
5613
' 10,101' 7, 624
1,908569
1,30499521396
13, 43320
101, 5341,781
89.39.2
18, 0226,6291.293
2, 6944,2725,611
42.6
168.837.3
131. 53 154. 1
6.3
171.137.4
133.73 153. 7
52.2107.338.350.433.1
8,3754 525
194
124241948
1,228260351440
383858615
239948
* 1, 021
3,188
632
5,072
4,2611,616
73774
r 9, 361r 6, 794
2,041526
1,300981217102
13, 332-61
34, 3342,426
89.4'9.3
6,6387,0551.293
2,9282,7461,912
42.7
167.937.8
130. 1155. 8
8.2
169.637.7
131.9155.3
52.9106.939.151.334.0
3, 407
3, 2979754070
' 9, 778r 7, 307
1,910561
1,339997238103
13, 259-50
5,8002,432
90.1'9.2
14, 2737,9831.293
2, 6523,8644,226
42.9
166.937 9
129! 1157. 0
5.2
169.637.8
131.8156.6
54.0111.939.051.533.9
3,676
3,5391,575
7067
' 9, 725' 7, 052
2,117556
1 26195421096
13, 258162
101, 4362, 770
91.7'9.2
16, 5966, 3871.293
2,7713,3704, 273
42.8
169.437.9
131.5156.9
4.4
170.537.9
132.6157.1
54.2111.439.452.134.3
7,400580180
99217856
1,247251303353
381772601
199262
1,097
2,985
702
3,249
3,1831,333
616
r 9, 880T 7, 412
1,878590
1 3391, 013
220106
13, 25728
33, 9432,265
89.79.1
2, 4716,2141.293
2,660
3,049
43.1
170. 138.1
132. 1156.6
4.8
169.638.0
131.7156.8
54.0111.239.652.234.3
2, 518
2,38175510631
' 10,095' 7, 698
1,835562
1,29297122199
13, 159-36
427,922
90.88.7
7,1055,8781. 293
3,019
3,444
44.2
171.038.5
132.5155.6
3.7
169.238.0
131.2156. 8
54.6111.339.652.533.9
6,686
6,5741,004
6150
r 14,614r 8 230
5,850534
1 6571 138
280239
13, 159—34
58o 054
87 79 6
4 9155 7851.293
4,513
44 7
175 239.1
136 2156.3
3.5
170 338 3
132 1158 0
56.9121.840 053.234.2
7 933528166
54240823
1 373173350370
318748617
197870
1 107
3 745
673
3,277
3 1511 535
10620
8,6616,6401,481
540
13, 157-15170
1,612
89.5
14, 7557 4941.293
3,956
43.4
174 638.4
136.2160.0
4.2
169.638.5
131.1160.5
57.2124.739 450.934.8
5,094
5 0141 608
3645
9,7077,0192,140
548
13, 107-23
563,348
9,0186 3991.293
43.6
r 170 038.3
131.7163.3
5.1
r 170. 4'38.7131.7
' 163. 2
55.6119.439.452.634.2
7,542
7 3871 282
13916
13, 107
1 293
171 438.6
132.8166.1
4.9
172.839.0
133.9165.3
Includes $27.8 bil. coverage on U.S. Armed Forces.
iRevisions for 1964-Jan. 1966 for insurance written, for Jan.-Aug. 1964 and Jan.-July 1965
for premiums collected, and for 1964 for silver production (Canada), will be shown later; thosefor money supply and related data for 1959-July 1965 appear in the Sept. 1966 issue of FederalReserve Bulletin. §Or increase in earmarked gold ( — ) . TfTime deposits at all com-mercial banks other than those due to domestic commercial banks and the U.S. Govt.t Revised series. 9 Total SMSA's include some cities and counties not designated asSMSA's. ^Includes Boston, Philadelphia, Chicago, Detroit, San Francisco-Oakland,and Los Angeles-Long Beach.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
S-20 SUEVEY OF CURRENT BUSINESS April 1967
Unless otherwise stated, statistics through 1964and descriptive notes are shown in the 1965edition of BUSINESS STATISTICS
1965 1966
Annual
1966
Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.
1967
Jan. Feb. Mar.
FINANCE—Continued
SECURITIES ISSUED— Continued
Securities and Exchange Commission — ContinuedEstimated gross proceeds— Continued
By type of issuer:Corporate, total? mil. $..
Manufacturing doExtractive (mining). __ doPublicutility __. do _Railroad doCommunication _ doFinancial and real estate.- - - -.- _ -do
Noncorporate, total 9 doU.S. Government _ _ _ _ doState and municipal _ do_ -
New corporate security issues:Estimated net proceeds, total do.
Proposed uses of proceeds:New money , total do
Plant and equipment _ doWorking capital... .. . do _
Retirement of securities doOther purposes _ _ do_
State and municipal issues (Bond Buyer):Long-term _ _ _ _ _ doShort-term do
SECURITY MARKETS
Brokers' Balances(N.Y.S.E. Members Carrying Margin Accounts)
Cash on hand and in banks mil $Customers' debit balances (net) doCustomers' free credit balances (net) doMoney borrowed do
Bonds
Prices:Standard & Poor's Corporation:
Industrial, utility, and railroad (AAA issues):Composited"1 dol per $100 bond
Domestic municipal (15 bonds) do
U.S. Treasury bonds, taxable^ do
Sales:Total, excl. U.S. Government bonds (SEC):
All registered exchanges:Market value mil. $..Face value do
New York Stock Exchange:Market value. .. - _ - do .Face value. . _ _ do
New York Stock Exchange, exclusive of somestopped sales, face value, total _. mil. $
Yields:Domestic corporate (Moody's) percent-
By rating:Aaa do. _.Aa doA._ - _ -_ doBaa do
By group:Industrials - do_ -Public utilities doRailroads _ _ do -
Domestic municipal:Bond Buyer (20 bonds) doStandard & Poor's Corp. (15 bonds) do _
U.S. Treasury bonds, taxable© - - _-do
Stocks
Dividend rates, prices, and yields, common stocks(Moody's):
Dividends per share, annual rate, compositedollars- -
Industrials _. _ ._ do_ .Public utilities doRailroads _ - _ do_ _N Y. banks doFire insurance companies do
Price per share, end of mo., composite doIndustrials doPublic utilities do _Railroads ^ do
Yields, composite. - _ ..percentIndustrials ^ doPublic utilities do .Railroads.. . . doN.Y. banks doFire insurance comnanies _ . do
15,9925,417
3422 936
284947
4,276
24,1169,348
11.148
15,801
13,0637,7125,352
9961,741
11.0846,537
i 534i 5, 543i 1, 666i 3. 706
93.9110.6
83.76
3. 794. 223. 288. 68
3.643.113. 150. 16
2. 975. 21
4.64
4.494.574.634.87
4.614.604.72
3.283.27
4.21
j
7.658.483.864.094.906.33
1 250. 31i 284. 32
117.0895. 06
3. 002.983.30
! 4.303.332.74
18, 0747,070
3753,665
3392,0031,941
26, 9418,231
11, 089
17, 841
15, 80612, 4303,376
2411,795
11, 0896,524
i 6091 5, 3871 1,637
1 r 3, 712
86.1102.6
78.63
'4,261.12'3,740.48
'4,100.86'3,589.62
3, 092. 79
5.34
5.135.235.355.67
5.305.365.37
3.833.82
4.66
8 259.174.114.455.066.85
230. 88266. 77102. 9092.65
3.573.443.994.804.04
1 2 92
1,27354134
24942
163116
1,735345845
1,259
1,068817251
22169
845382
5755, 7771,7653,586
89.5105.2
79.32
"383. 38«296. 12
«371. 60«285. 18
250. 95
4.94
4.784.904.965. 12
4.914.905.02
3.833.63
4.61
8 229.164.034.354.946.59
252. 36293. 20106. 81110.59
3.263.123.773.933.782.79
2,4821,001
28344
40304296
1,768457848
2,452
2,0391,482
5577
407
848608
6455,6711,8223,603
87.9103.9
78.92
485. 14373. 14
466. 96358. 35
331.66
5.10
4.925.055.125.32
5.065.085.18
3.593.72
4.63
8.239.174.084.354.946.65
244. 95286. 15105.41102. 01
3.363.203.874.263.812.95
1,58270315
3713577
122
2,086426
1,181
1,559
1,3991,137
262
154
1,1811,061
6045, 8621,7443,858
87.6105.9
79.75
423. 27334. 44
402. 67318.91
253. 71
5.16
4.965.105.185.41
5.095.215.19
3.623.59
4.55
8.239.184.084.354.946.65
246. 67288. 13106. 33102. 66
3.343.193.844.244.032 82
1,106392
50977~47
44157
2,076412877
1,095
1,0007462543858
877865
6255,7971,8393,741
87.6104.5
79.56
394. 28344. 51
380. 69333. 50
285. 53
5.18
4.985.105.175.48
5.125.235.20
3.783.68
4.57
8.249.184.094.354.946.65
236. 01274. 18102. 4593.56
3.493.353.994.653.952.97
2,4271,168
53330
16279283
2,645397
1,118
2,391
2,2451,786
45927
119
1,118384
6015 7981J6583,809
87.0103.2
78. 93
312. 44258. 46
301. 98248. 57
208. 88
5.28
5.075.165.295.58
5.255.325.26
3.833.77
4.63
8.269.184.104.395.146.65
230. 25267.2299.9592. 58
3.593.444.104.744.183.05
1,08540443
288
52166
2, 322411678
1, 071
93266726532
106
678174
6225,7001, 5953,786
86.0100.9
77.62
254. 63222. 05
247. 12215. 03
169. 94
5.36
5.165.255.365.68
5.335.395.37
3.963.94
4.74
8.289.194.124.445.146.65
227. 17262. 90101. 0389.63
3.643.504.084.954.302.98
1,712540
28318
321114
1,964387764
1, 688
1,6171,353
2641853
764620
6585, 6451, 5953,785
84. 197.7
77.02
305. 60291. 76
295.65279. 97
273. 90
,5. 50
,5.31,5. 38,5. 48,5. 83
,5. 495. 54,5.48
4.244.17
4.80
3. 309. 224.144.535.145.90
211.05244. 3992.5181. 22
3. 933.774.485.584.853. 22
1,400650558229
200309
1,849402992
1,384
1,1148872°7
268
992362
6365,4001, 5283,537
82.698.6
77.15
322. 01315. 08
312. 43304. 96
232. 94
5.71
5.495.585.696.09
5.715.785.65
4.034.11
4.79
8.309. 224. 144.535.146.97
207. 74239. 0194. 57
! 80. 17
4.001 3. 861 4.38! 5.65
4.673.15
892385
6258
129873
1,626408736
876
783630153
4646
736266
6615, 2161, 5203,349
83.4100.5
78.07
341. 50348. 44
332. 34338. 21
286. 55
5.67
5.415.505.676.10
5.635.725.67
3.743.97
4.70
8.339.254.144.555.146.97
220. 60250. 49104. 9283.37
3.783.693.955.463.962.70
1,115233
25335
10170108
5, 5703,738
950
1,098
1,0338391941252
950989
6075,2751,5323, 262
83.5101. 0
77.68
312. 46313. 01
293. 69293. 70
260. 68
5.65
5.355.465.656.13
5.595.645. 72
4.023.93
4.74
8.229.074.154.615.147.42
218. 34248. 93103. 4783. 25
3.763.644.015.543.902.92
1,66168217
41415
15442
1,616373923
1,643
1,3631,128
2358
273
923458
6095,3871,637' 3, 712
83.0102. 4
78.73
366. 38356. 22
348. 01335. 45
285. 40
5.69
5.395.485.696.18
5.635.655.78
3.773.83
4.65
8.239.084.184.615. 147.53
217. 56246. 38105. 9982. 91
3.783.693.945.563.802.92
1,688694
2722951
284236
3,406494
1,450
1,672
1,5571,146
4116
110
1,450454
6735,3751,9143,187
85.9106.0
81'. 54
446. 77417. 53
428. 29400. 29
328. 21
5.50
5.205.305.535.97
5.455.425.63
3.403.58
4.40
8.299.154.184.635.227.53
233. 54266. 77108. 1293.13
3.553.433.874.973.792.93
1,437589
15284
20106250
6,1054,1541,159
1,418
1,396929467
220
' 1, 159'756
6855,4451,936
86.4'106.4
80.73
409.22 '350. 65
385. 34330. 33
258. 78
5.35
5.035.185.385. 82
5.33. 5.25
5.48
3.603.56
4.47
8.309.164.204.635.287.81
233. 23267. 35105.1892. 56
3. 563.433.995.003.943.17
1,413629
85.6105.7
80.96
281. 42
5.43
5.135.235.495.85
5.395.375.51
3.543.60
4.45
8.329.174.274.635.287.81
242. 02278. 90106. 8193 52
3.443.294.004.953.843.28
' Revised. l End of year. 9 Includes data not shown separately.o^Number of bonds represented fluctuates; the change in the number does not affect the
continuity of the series.^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.a Revisions for Jan. 1966 (mil. dol.): All exchanges—market value, 359.04; face value,
287.23; N.Y. Stock Ex.—market value, 347.70; face value, 277.78.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
April 1967 SURVEY OF CURRENT BUSINESS S-21
Unless otherwise stated, statistics through 1964and descriptive notes are shown in the 1965edition of BUSINESS STATISTICS
1965 1966
Annual
1966
Feb. Mar. Apr.1 |
May I June 1 July Aug. Sept. Oct. Nov. Dec.
1967
Jan. Feb. Mar.
FINANCE—Continued
SECURITY MARKETS— Continued
Stocks— Continued
Earnings, common stocks (Moody's):Earnings per share (indust., qtrly. at aim. rate;
pub. util. and RR., for 12 mo. ending eaoh qtr.) :Industrials t dollars, _Public utilities doRailroads - _ do
Dividend yields, preferred stocks, 10 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, public utility , and railroad:
Combined index (500 stocks) 1941-43 = 10.-
Iridustrial, total (425 stocks) 9 doCapital goods (122 stocks) doConsumers' goods (181 stocks). do
Public utility (55 stocks) doRailroad (20 stocks) ' _ do
Banks:New York City (10 stocks) doOutside New York City (16 stocks) do
Fire and casualty insurance (20 stocks)___do
New York Stock Exchange common stocks index:*Composite 12/31/65 = 50..
IndustriaL.- doTransportation . _ doUtility doFinance.- . 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. $__
Exclusive of odd-lot and stopped stock sales(N.Y.S.E.; sales effected) - millions
Shares listed, N.Y. Stock Exch., end of period:Market value, all listed shares bil $Number of shares listed millions
16. 425 928 16
4.33
318. 50910. 88157. 88216.41
88.17
93.4885.2681.9476.0846. 78
38.9271.3564.17
47.39
89, 2252,587
73, 2001 809
1,556
537. 4810, 058
»• 16. 786 30
T8 67
4.97
308. 70873. 60136 56227. 35
85.26
91.0884.8674.1068.2146.34
33.3263.8064.55
46. 1546. 1850. 2645.4144.45
r 123, 034T 3 188
r 98, 565r ') 9Qtj
1,899
482. 5410, 939
4.63
347 42977 15145 87264 99
92.69
99 1193 6983 4871.8754 78
36.1070 5166.98
50.3650. 5853.6948.9249.13
"11,169a 302
« 8, 789a JQQ
166
535 3810,180
17. 096 03
rS 56
4.83
331.16926. 43141 49252 80
88.88
95 0490. 2878.9669.2151.52
34.1165.1963.28
48. 2848. 4752.5946.9545.99
r 13, 051
337
^ 10, 451294
192
523. 9310,245
4.78
337. 27943. 70140 26260. 64
91.60
98.1793.5479.2870.0652.33
33.6764.1765. 27
49.6050.0157.0846. 7846.70
12,895356
9,893221
186
536. 3610, 276
4.83
314. 62890. 70137. 32233. 07
86.78
92. 8588.7875.1268.4947.00
32.3261. 2263.33
46.8747. 0351.9845.4544.68
12,257302
9,8009QQ
171
507. 7710, 507
17.836 08
r 8 98
4.93
311.51888. 73134 07229. 24
86.06
92.1487.3473.7567. 5146. 35
32.3961.3261.64
46. 61.46. 8553.5544 5444.31
9.661228
7,772169
141
502. 4110,612
5,00
308. 07875. 87133 72227. 18
85. 84
91. 9586.3873.8767.3045.50
32.5062.3862.63
46.4746. 6653. 0444.7943.53
8,301200
6,655141
120
497. 1110, 733
5.18
286. 45817. 55126. 68207. 91
80. 65
86. 4079.8169.9163.4142. 12
30.0959.3361.28
43.7243.8948.6642. 3341.46
9,663236
7,805168
162
458.6610, 787
14.126.19
'9. 13
5.23
276. 79791.65126. 20197. 05
77.81
83.1174.7467. 8963.1140.31
28.8757.4459. 52
41.9941.9944.5141.7439.50
8, 750215
7,272161
120
454. 8910,818
5.28
273. 35778. 10129. 70192. 07
77.13
82.0172.6766.6765.4139.44
32.3061.0463.68
41.5041.0342. 2443.3340. 23
8,658223
7,209166
146
475. 2510, 842
5.21
285. 23806.55136. 43201. 94
80.99
86.1077.8968.2568.8241.57
34.3465.0568.62
43.7343.2845.8245.1643.16
8,102219
6,638162
146
480. 8810, 886
r 18. 08
6.30'8.67
5.24
285. 52800. 86135. 68205. 78
81.33
86. 5079.8367.7668.8641.44
35.9367.0370.50
44.1643.7948.2344.7744.43
9,538266
7, 662189
166
482. 5410, 939
5.07
298. 28830. 56138. 64220. 11
84.45
89.8882.7069.9770.6344.48
37. 0869. 9070. 03
46.0245.6151.3846.4347.53
11, 653r320
9,320224
208
522. 7510, 989
4.98
305. 65851. 12138. 03228. 69
87.36
93.3586.7273.7870.4546.13
35.6267.0968.99
47.8047.7252. 5647.0348.71
11,181316
8, 792216
183
527. 0411,046
5.04
307. 70858. 11135. 96231. 98
89. 42
95.8690.0875.1070.0346.78
35.3266.0065.86
49.0249.0255.1947.8848.17
225
549. 4911,073
FOREIGN TRADE OF THE UNITED STATES
FOREIGN TRADE
Value
Exports (mdse.), incl. reexports, totalO mil . $...Excl. Dept. of Defense shipments do
Seasonally adjusted do
By geographic regions:AAfrica doAsia doAustralia and Oceania doEurope do
Northern North America doSouthern North America doSouth America do
By leading countries: AAfrica:
United Arab Republic (Egypt) doRepublic of South Africa do
Asia; Australia and Oceania:Australia including New Ouinea doIndia doPakistan doMalaysia do
Indonesia doPhilippines doJapan do
Europe:France do
West Germany do
Italy doUnion of Soviet Socialist Republics doUnited Kingdom _ do
27,478.226,699.5
1 228 96 012 1
956 29 363 9
5 643 22 099 12 174 9
157 7438 1
799 4928 0335 9
91 1
41 6348 5
2, 080. 2
970. 712 4
1 649 6
891 145 2
1.615. 1
30, 336. 029, 395. 5
1 348 66 727 4
814 110 Oil 4
6 644 82 268 12 504 3
189 1401 0
669 9929 3238.7i 45 7
59 9348.0
2, 365. 1
1, 007. 124 9
1 674 0
913 741 7
1, 736. 7
2,297.22,210.0
2,373.7
86 3499 361 1
849 1
460 2161 6179 9
12 023 2
50 788 415 83 7
2 924 5
176. 2
84.71 6
198 5
69 24 2
141.3
2,811.62,740.7
2,568.6
132 8590 2
70 g1 023 0
567 6212 129 1 9
92 841 4
59 3116 913 24 2
2 528 1
196. 3
99.61 4
173 0
89 22 9
181. 5
2,599.02,463.2
2,358.9
114 5618 761 8
864 6
566 1177 0197 8
18 633 3
59 g97 911 74 1
3 130 0
197. 2
83.74 9
151 8
82 54 8
145. 2
2,615.62,504.6
2,410.8
115.4543. 769 7
865.8
695 4186 6°17 1
92 630 8
48 563 016.83 8
2.426.9
176.3
86. 63 4
147 8
79.16 2
139.3
2,568.72,467.0
2,489.5
121 1578.865 4
813 2
607 9187 8196 4
94 3r 31 3
54 771 517.44 0
3 030. 5
190.7
80.7(5
134 2
76 25 2
131.2
2,426.72,326.8
2,456.0
106. 7577. 3
74 1746.9
507 7188 7927 2
13 2
60 868 331.83 7
8.727.6
175.9
79.7(j
r>4 667. 1
2 8132. 2
2,348.42,277.7
2,455.0
109. 1550.473 8
727.8
502 7174 5210 3
16.531 1
63 383.414.93 8
4.129.1
204. 7
67.81 8
131 6
70.65
119.0
2,499.02,431.0
2,541.6
109.1541.365 8
808.4
581 6193.6199 3
12.732 5
54 774.320.43 9
6.627.8
205.1
87.13 3
138.9
79. 11 0
156.5
2, 695. 32, 626. 1
2,582.7
126.1614.9
72 7826.2
621 3213.9220 2
15.341 2
57 271.927.1
4 1
5.532.8
218. 2
84.31 5
138 2
74.01 3
141.1
2, 627. 12, 572. 0
2,486.2
119.6570.872 6
863.6
597.6198.6204. 1
13.033 4
63 753. 025.33.4
7.928.1
231. 5
80.91 1
141.8
77.96.6
143.1
2,715.32, 644. 4
2,414.7
122.2637. 8
75 8842.4
583 7205.8247.7
12.334.9
50 378.327.13.9
10.838.7
235.4
87.31 6
124.2
76.62.2
165.2
2, 549. 62, 471. 3
2, 620. 2
2, 489. 62, 419. 4
2, 601. 2
Revised. " Preliminary. l Beginning Jan. 1966, excludes data for Singapore.{Revisions prior to Sept. 1965 will be shown later. cfNumber of stocks represents
number currently used; the change in number does not affect continuity of the series.9 Includes data not shown separately. *New series; index is based on the closing prices
of the more than 1,250 common stocks listed on the Exchange. QBeginning Jan. 1965, datareflect adoption of revised export schedule; in some instances, because of regrouping of com-
modities and release of some "special category" items from the restricted list, data for com-modities and countries are not comparable with those for earlier periods. ABeginningwith the Jan. 1967 SURVEY, data for regions and countries (except India and Pakistan) arerestated to include "special category" shipments, formerly excluded.
« Revisions for Jan. 1966: All exchanges—market value (mil. $), 10,990; shares sold (mil.),303; N.Y. Stock Ex.—market value (mil. $), 8,619; shares sold (mil.), 205.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
S-22 SUEVEY OF CURRENT BUSINESS April 1967
Unless otherwise stated, statistics through 1964and descriptive notes are shown in the 1965edition of BUSINESS STATISTICS
1965 1966
Annual
1966
Feb. Mar. Apr.i
May June JulyI |
Aug. Sept. Oct . Nov . Dec
1967
Jan .i —
Feb. j Mar.
FOREIGN TRADE OF THE UNITED STATES-ContinuedFOREIGN TRADE— Continued
Value — ContinuedExports (mdse.), incl. reexports — Continued
By leading countries— ContinuedNorth and South America:
Canada _ __. _ __ _ . ...mil. $
Latin American Republics, total 9 do
Argentina doBrazil.. _ _ _ _ _ _ _ _ do_Chile do
Colombia _ _ . _ _ _ _ do. _Cuba doMexico ... _ _ _ _ _ _ _ d oVenezuela, _ ._ _. _ _ d o -
Exports of U.S. merchandise, total Q| doExcluding military grant-aid do
Agricultural products, total doNonagricultural products, total do
By commodity groups and principal commodi-ties:*
Food and live animals 9 _ - _do_Meats and preparations (incl. poultry) _ _ d oGrains and cereal preparations do
Beverages and tobacco do
Crude materials, inedible, exc. fuels 9 doCotton, raw, excl. linters and waste doSoybeans, exc. canned or prepared doMetal ores, concentrates and scrap do
Mineral fuels, lubricants, etc. 9 doCoal and related products doPetroleum and products do
Animal and vegetable oils fats waxes do
Chemicals do
Manufactured goods 9 doTextiles doIron and steel doNonferrous base metals do
Machinery and transport equipment, totalmil. $__
Machinery, total 9 doAgricultural doMetalworking doConstruction, excav. and mining doElectrical do
Transport equipment, total doMotor vehicles and parts do
General imports, total i doSeasonally adjusted! do
By geographic regions:Africa doAsia doAustralia arid Oceania _ _ _ _ _ _ do _Europe do
Northern North America _ _ _ _ _. do ._Southern North America doSouth America do
By leading countries:Africa:
United Arab Republic (Egypt) doRepublic of South Africa do
Asia; Australia and Oceania:Australia, including New Guinea doIndia doPakistan doMalaysia doIndonesia doPhilippines doJapan do
Europe:France doEast Germany do\Vest Germany doItaly doUnion of Soviet Socialist Republics doUnited Kingdom do
North and South America:Canada do
Latin American Republics, total 9 do
Argentina doBrazil doChile do
Colombia doCuba doMexico doVpnp7npl«3 rlr>
5,642.8
3, 871. 7
267 5347. 9287. 4
198. 50)
1,105.9625. 6
27, 135. 326, 356. 5
6, 228. 620, 906. 7
4, 003. 1161.8
2, 636. 6
517.0
2, 855. 5486. 2650. 1434.2
946.5494.3417.6
471.6
2, 401. 7
3, 256. 9527.8629. 0539.3
10, 147. 1
6, 702. 1634. 1331. 7932. 9
1,659.7
3, 445. 01, 975. 5
21,365.6
877.64, 528. 1
453. 16, 292. 2
4, 837. 11,741.72, 623. 8
16.1225.9
313.7348.144.8
211.9165. 2369.1
2, 413. 9
615.36.5
1,341.4619. 742.6
1,405.2
4,831.9
3, 674. 8
122.1512.4209.4
276.70)638.4
1.018.0
6, 661. 0
4, 234. 9
244.3579.4255.2
287. 00
1, 180. 2598.0
29, 899. 128, 958. 6
6, 884. 523, 014. 6
4, 566. 7158.9
3, 189. 3
623.7
3, 072. 2432.2759.9421.8
977.5493.3435.6
356.0
2, 675. 9
3, 434. 2554.2557.5582.4
11,164.3
7, 445. 9628.5337.9970.6
1, 898. 8
3,714.62, 386. 5
25, 550. 3
978. 05, 278. 7
593.57, 863. 9
6, 131. 21, 912. 22, 785. 2
17.6250. 2
398.7237.067.8
2 176. 7179.0397.6
2, 964. 5
698.08.2
1, 796. 8743.049.4
1, 785. 6
6, 124. 7
3, 969. 9
148.8599.7229. 1
244.80
750.21. 002. 4
460.2
306. 2
16.733.922.3
21.90
86.944.7
2, 263. 62,176.4
518.61, 745. 0
360.511.4
251.2
35.4
234.530.948.929.6
68.433.431.7
30.6
199.0
256.144.244.638.2
874.8
545.649.522.670.8
133.8
330.3189.4
1, 822. 52,005,1
72.2375.643.3
534.1
417.0153.9225 .4
1.014.1
31.625 A5.5
18.712.632.5
190.0
50.4.4
119.751.64.8
106.0
416.9
328.7
9.348.117.2
27.80
65.281.7 '
567. 5
383.3
19.054.122.3
25.30
108.551.8
2, 701, 3624. 8
2, 147. 4
442.213.8
317.6
44.3
254.729.463.732.6
78.236.236.7
32.9
258.0
333.152.051.068.3
1,043.7
709.269.531.992.8
176.7
334.5217. 1
2 242 42,067.7
119.0438.041.7
689.8
520.7182.8252.7
1.931.3
24.326.06.5
10.416.340.6
250.1
63.8.8
156.858. 53.4
151.7
519.9
369.1
12.942.922.2
20.90
73.1111.6
566.0
333.0
15.946.119.6
03 30
88,349. 6
2, 556. 52, 420. 7
552. 32, 004. 2
403.010.5
296.4
33.6
237. 322.560.531. 5
78.539.134.8
23.1
I 218. 3
! 296. 1I 46. 9i 46.9I 54.6
i 959.7
638.759.2
i 27.487.2
159.1
321.1186.4
2,071.22,108.9
88.5434.648.6
637.7
472.8170.0218.8
3.617.4
27.329.05.7
17.118.834.6
245.4
53.3.5
131.856.13.7
138.0
472.8
326.3
14.444.916.2
20.70
70.182.2
625. 4
361.4
18.951. 624.7
28. 10
98.349.8
2, 566. 7: 2, 455. 7
549. 62,017.1
375.110.6
! 264. 5
29.9
! 256. 5! 26.3
66. 3i 39.5
: 78.41 41.6! 32.8
37.0
i 233. 0
i 300. 447.1
; 46.453.2
: 961.8
660. 661. 130. 982. 6
i 165.4
i 301.2193.3
: 2,074.4j 2,062.6
102. 5! 416. 2
41.4644. 4
511. 4156. 1219. 6
.8
27. 027. 65.9
15.416.021.8
234.8
61.3.8
141.758. 44.5
149. 7
510.8
318.3
13.743.118.0
26.80
64. 869.0
607. 2
! 341. 7
16.234.923. 4
25.60
96. 852.1
' 2, 530.02, 428. 3
551. 11,978.9
377. 7! 12.4
266. 9
: 33.9
255. 322.167.737.9
91.849.7
| 38.2
32. 3
232. 2
290. 747.647.947.3
i 935. 3
630. 256. 828.579.6
; 161.3
; 305. 2| 184. 8
2,188.62,135.0
75.7449.8
! 69.0656.8
i 554. 6! 155. 5
230.7
2.021.9
50.226.95.1
13.018.235.2
245.9
58.5.6
151. 364.9
4 5144! 1
554.3
326.1
14.548.117.9
20.10
58.784.6
507.7
372. 5
19.454. 021.8
! 28.50
101.656. 5
12,395.6! 2, 295. 7i 491. 01, 904. 6
346. 5i 11.3! 248. 9
i 49.4
! 216. 718.340.740.6
81.939.239.2
29.1
242. 5
282.343.043.558.3
882.5
623.454.925. 985.5
154.6
! 259. 1| 162.3
2. 072. 02,204.6
79.4448.8
! 50.8629. 3
477.1149. 6236.1
1.423.1
30.323.06.0
12.911.740.6
256. 5
58.4
149! 461.25.0
138.6
476.4
327.9
11.342.320. 0
15.00
54.690.9
502.7
342. 8
19.355.822.5
24. 60
89. 446.1
2, 314. 72, 244. 0
571. 01,743.7
i 386. 313.8
277. 7
62.1
! 230. 439.8
1 36.7! 36.9
89.849.335.9
33.8
! 227. 71 273. 0i 42.4i 40.31 52.0
1 795. 7
551. 944.2
! 26.5i 74.6! 140.8
243. 8149.8
i 2, 180. 22,112.6
75. 0518. 757.1
644.8
516. 2156. 0212.4
.615. 5
35. 427.34.5
18.216.139.2
303. 9
60.0.4
144. 071.8
148^4
515. 0
301. 0
12.425. 517.4
22. 8o !
56. 587.1
579.9
346. 0
16.547.415.7
22.5
101. 553.5
2, 456. 82, 388. 8
569.01, 887. 8
398.214. 2
273.9
71.2
225. 540.418.740.7
96.649.642.0
26.7
; 218. 5
277.444.3
i 41.7! 44.6
885.5
601.244.527.872.4
163.2
284. 3200.4
2.29* 22,301.2
90.0507.764.3
684.7
538.4135.9271. 2
1.134.4
44.430.56.1
16.415.145.2
281.5
56.61.2
169.460.43.1
166.0
537.4
351.3
12.087.824.9
20.60
48.970.8
621. 2
383.3
21.751.917.8
23.60
113.652.4
!2, 655. 61 2, 586. 4
621.72, 033. 9
393. 518.6
260.5
! 73.9
! 286. 134.992.042.2
92.0; 48.61 41.0
21.6
218. 0
294. 6! 48.5
48.5, 45.2
j 1,039. 8
I 655. 549.1
i 31.0I 85.6
173. 2
384.3249.5
12,278.42,262.4
72.9| 438. 9
54.0728.7
560.9167.3254.9
.315.0
43.029.66.3
13.413.622.2
255.8
65.01.0
163.371.14.4
174.6
560.1
354.8
11.579.319.6
13.40
59.478.4
597. 6
350. 0
26.742. 119.2
22.20
98.446.6
'2,593.5! 2, 538. 4i 697. 71, 895. 8
1 394. 417.0
269.0
74.7
337.9i 59.7
124. 735. 1
' 82.542. 137.2
; 218, 1! 276. 1i 47.3
47.8| 35.1
937.7
619. 644.9
! 26. 8! 87.3
164.8
1 318. 1241.5
!2, 257. 7| 2,191.5
69.8! 471.9
43.2757.7
536. 4154.4224.1
1.219.4
28.925.55.4
19.113.133.3
272.9
66.6.8
175.973.64.0
178. 7
536. 3
324.9
13.146.721.3
15.60
66.8 i81.2 i
583.7
400.0
37.663.624.8
23 30
103.449.9
2, 689. 02, 618. 1
632.02, 057. 0
352.111.6
241. 2
78.5
! 312. 272.4
! 85.531.2
75.9' 34.2
38.5
32.6
235. 9
i 294. 8: 50. 6! 54.8| 40.0
1 1,050.0
! 669. 0! 46.2
34.3! 82.1
169. 9
i 381. 0; 247. 5
12.240.12,231.2
79.8; 405. 2! 42.1I 702. 1
627. 616H. 8214.3
.922.9
29.927.44.7
13.814.923.3
997 6
56.5
163' 566. 24.1
165.5
627. 4
317.8
12.342.414.8
19.00
69.380.1
!
2,516.7 '2,459.72,438.4 2,389.5 |
334.4 j 308.2
39 6 41 3 '
276.7 280.7 ' _ _ _ . _
68.9 i 81.4 ;
21 4 1 39 °
927 1 915 ° !
289.9 ; 285.6
1 005 9 ! 959 6 ^!
2,261.8 :2,003. 5 ' . . . . .2,295.6 >2,204.1 j
i |i
! l
|
I -i 1i i
'Revised. ^Preliminary. l Less than $50,000. 2 Beginning Jan. 1966, excludes datafor Singapore; such shipments amounted to $1.0 mil. in that month. JRevisions for Jan.1964-Nov. 1965 will be shown later. 9 Includes data not shown separately. QSee
similar note on p. S-21. *New Series. Comparable data prior to 1965 for the groups arenot available; data for individual commodities may be obtained from Bureau of Censusreports.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
April 1967 SUEVEY
Unless otherwise stated, statistics through 1964and descriptive notes are shown in the 1965edition of BUSINESS STATISTICS
1965 1966
Annual
OF CURRENT BUSINESS S-23
1966
Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.
1967
Jan. Feb. Mar.
FOREIGN TRADE OF THE UNITED STATES—Continued
FOREIGN TRADE— ContinuedValue — Continued
General imports — ContinuedBy commodity groups and principal commodi-
ties:*Agricultural products total mil $Nonagricultural products total do
Food and live animals 9 do
Coffee doVteats and preparations doSugar do
Beverages and tobacco do
Crude materials inedible exc fuels 9 doMetal ores doPaper base stocks doTextile fibers doRubber do
Alineral fuels lubricants etc doPetroleum and products do
Animal and vegetable oils and fats doChemicals do
Manufactured goods 9 doIron and steel doNewsprint doNonferrous metals doTextiles do
Machinery and transport equipment do
Machinerv total 9 doMetalworking doElectrical do
Transport equipment doAutomobiles and part^ do
IndexesExports (U.S. nidse., excl. military grant-aid):
Quantity 1957-59 — 100Value doUnit value do
Imports for consumption: a"Quantitv doValue doUnit value do
Shipping Weight and ValueWaterborne trade:
Exports (incl. reexports) :§Shipping weight thous sh tonsValue mil $
General imports:Shipping weight thous. sh. tons__Value mil $
4 083 617 282 0
3 459 6' 190 5
1 058 5496 5442 5
553.2
3 046 6915 4421 9435 4188.1
9 291 59 099 5
116 5768.8
5 555 4789.6800.4
1 234 71 966 89 947 8
1 746 263 5
639. 6
1 201 5810 1
144152106
1 153i 152
1 99
171 73016 926
255,75414 943
4 530 591 019 8
3 947 5
1 067 3599 5501 2
641 7
3 265 61 019 8
449 3436 3180 9
9 9^9 09 197 i
146 2964 0
6 353 9889 5908 5
1 305 0l' 551 7
4 827 6
9 gig 4135 3
1 015 9
9 209 31 617 7
186 09318 531
264, 53817 309
375 11 447 4
319 i18 0
102 344 9
9g Q
43 1
928 9
48 733 538 118 7
189 5179 2
11 864 4
431 863 666 469 6
114 3
3°4 7
158 35 9
56 2
166 4116 6
P 143P 151P 106
p 156p 156P 100
13 4801 396
17, 5721 919
442 31 800 1
365 015 4
118 044 736 1
60. 1
983 9
61 641 548 815.4
093 69H 1
16 093.7
519 575. 678.588 8
193 6
436 8918 1
8 874.5
918 7150 3
177188106
v 190v 192
101
15 4611 740' '
21, 9821 479
424 51 646 7
333 710 197.048 937 8
82.6
981 875 734 250 418.9
179 ()160 9
6 686.0
508 471.083.290 5
196 8
355 0
209 28 7
72 5
145 899 5
p 160P 168P 106
P 176p 179P 100
lc) 814l' 537
19, 7401 406
361 11 713.3
313 812 691.140 730 1
48.2
289 588 338 435 716. 6
169 8155 8
11.485.9
567 678.483.1
123 5135 2
385 8
205 69.7
71.2
180 2116 3
169171105
176187101
16 1471 540
20, 6161 408
389. 61 799.0
340 46 9
80.165 447 3
46.2
305 196 139.741 617.5
193 8183 3
12 685.3
541.581.071.8
118 51°5 3
404 5916 010.776.6
188. 6135 2
p 158p 169p 107
p 185p 177p 101
16 7631 5°0
24, 3371 503
338.61 733.4
309.49 3
74.546 261.7
36.1961 785.238 430 311.5
188 1181 5
8.271.9
555 363. 975.8
129 3131 5
366 9912 012.080.7
154 9117 2
14 8651 508
22, 9541 439
335.81, 844. 4
299 04 6
63.753 945.4
41.8
306 9110 942.939 916.3
9Q4 5190 3
12.678.7
566. 076.079.1
131.2135 0
378 4
238 514.898.9
139. 990 2
17 0031 513
26, 1771 551
405.91, 888. 3
372. 35 2
98.957 173.3
53.3
280 4101.935.298 513.5
18? 9169 9
10.595.1
579.981.080.4
134.4139 3
416.7
225 010.799.5
191.7137 9
17 095l' 500
24, 0441 602
381.31, 897. 1
358.26 7
99.958.448.1
64.7
265 0105.238.026 014.8
18? 6173 7
11.979.4
564.278.875.5
116.6136 0
434 7
243 612.9
103.5
191 1147 0
16, 9791,648
24, 6031 519
356.91, 900. 8
326.37 9
72.748.840.9
66.5
270 1102.937.525 615.3
181 5170.1
12.880.5
581.977.967.2
140.2147 4
454.5
267.717.2
117.8
186.8147 8
16 0121,652
23, 2921 536
362.01, 878. 1
330.812 875.850.135.4
53.6
251 079.438.926 912.9
182 5173.0
13.174.7
513.575.469.399.2
133 5
547.8
261.916.8
107.3
285.8239 3
14 1201 637
20, 2101 383
355. 4
60.0
254. 0
926 7
14.282.4
522. 1
484.4
314.1
49.9
210. 8
186.7
14.880.0
471.7
434. 7
TRANSPORTATION AND COMMUNICATION
TRANSPORTATIONAir Carriers
Scheduled domestic trunk carriers:Financial operations (qtrly. total):
Operating revenues total ? mil $Transport, total 9 do
Passenger doProperty doU.S. mail (excl. subsidy) do
Operating expenses (incl depreciation) doNet income (after taxes) do
Operating results:Miles flown (revenue) milExpress and freight ton-miles flown doM^ail ton-miles flown doPassengers originated (revenue) doPassenger-miles flown (revenue) bil
Express Operations (qtrly.)
Transportation revenues mil $Express privilege payments do
Local Transit Lines
Fares, average cash rate cents_.Passerigers carried (revenue) milOperating revenues (qtrly total) mil $
Motor Carriers (Intercity)
Carriers of property, class I (qtrly. total):Number of reporting carriersOperating revenues total mil $Expenses, total " doFreight carried (revenue) mil tons
3 3063 2782 933
21874
2 886223
T 941 o991 69iq 6
71 449.2
431. 4119 3
22.16 7Q81 444
3 l 1057 H9
f>' 736428
v 3 696
p 3 954
P 3 940p 938
1 010 91 081 7' 98° 4
81 157. 1
430 8111 7
22. 4r 6 671
78 079 49Q 25 84.0
22.3r 530
4 1, 1054 1 9974 1,840
* 113
876868
5821
78845
87 996 304 26 94.7
103. 925. 6
22. 3r 609
1,1721 8471,766
118
87 194 193 87 45.1
22.3'580
91 098 4
7 9
4.9
22 3"590
j
997989886
64
83688
90 6109 523 28 05.7
104 4•>8 9
22.3r 567
59 359 817 95 13.9
22. 4r 502
61 166 490 5
5 44. 2
,
22. 4529
831823730
5020
73648
99 497 493 o
5. 1
107. 398 0
22.4r 552
96 1105 994 6
7 35.0
22.5' 583
91 7101 226 37 14.7
22. 6570
pQ91
p863
p880P58
97 3104 436 5
7. 5' 5. 5
115.229. 2
22. 6'582
p* 5.3
22.7553
P - 4. 6
9') 7
"520
^Revised. - "Pre l iminary . i See note ' V for th i s page. ' -As compiled by AirTransport Assn. of America. 3 Number of carriers fi l ing complete reports for the year.
4 For the period 4th quarter 1965. 9 Includes data not shown separately.*New series, replacing imports for consumption data formerly shown. Comparable
monthly data, beginning Jan. 1965, will be shown later.
(^Beginning Jan. 1965, indexes are based on general imports, instead of imports for con-sumption as formerly. .
§Excludes "special category" shipments and all commodities exported under foreign-aidprograms as Department of Defense controlled cargo.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
S-24 SUEVEY OF CUEKENT BUSINESS April 1967
Unless otherwise stated, statistics through 1964and descriptive notes are shown in the 1965edition of BUSINESS STATISTICS
1965 1 1966
Annual
1966
Feb. Mar. Apr. May June1
July Aug. Sept. Oct. Nov. Dec.
1967
Jan. Feb. Mar.
TRANSPORTATION AND COMMUNICATION—Continued
TRANSPORTATION— ContinuedMotor Carriers (Intercity) — Continued
Freight carried, volume indexes, class I and II(ATA):
Common and contract carriers of property(qtrly.) average same period. 1957-59=100 _
Common carriers of general freight, seas, adj.*1957-59 =100_,
Carriers of passengers, class I (qtrly. ):§Number of reporting carriersOperating revenues total mil $Expense*5 total doPassengers carried (revenue) mil
Class I RailroadsFreight carloadings (AAR):
Total cars thous __Coal doCoke... _ _ _ _ _ _do _ _Forest products doGrain and grain products ... do __
Livestock doOre . doMerchandise, l.c.l _ do__ _Miscellaneous do
Freight carloadings, seas. adj. indexes (Fed. R.):Total... _ _ _ _ _ _ 1957-59=100__
Coal doCoke doForest products.. _ _ _ _ _ _ _ _ _ _doGrain and grain products _doLivestock doOre . doMerchandise, l.c.l _ _ _ _ _doMiscellaneous do
Financial operations (qtrly.):Operatinor revenues total 9 mil $
Freight do
Operating expenses doXJ f. - I r f ' -- -- - ~ C\
M t \ f ft t ^ do
Operating results:Ton-miles of freight (net), revenue and nonrev-
Revenue ton-miles* doRevenue per ton-mile (qtrly avg ) centsPassengers (revenue) carried 1 mile (qtrly. ) _ _ m i L _
Waterway TrafficClearances, vessels in foreign trade:
Total U S ports mil net tonsForeign vessels doUnited States vessels do
Panama Canal:TotaL . _ thous. Ig. tons
In United States vessels doTravel
Hotels:Average sale per occupied room _ .dollarsRooms occupied % of totalRestaurant sales index___same mo. 1951 = 100__
Foreign travel:U.S. citizens: Arrivals thous__
Departures doAliens: Arrivals do
Departures doPassports issued and renewed do
National parks, visits _ doPullman Co. (qtrly.):
Pa<;<! n rr n v / _ _ _ q *
COMMUNICATION (QTRLY.)Telephone carriers:
Station revenues do
Operating expenses (before taxes) do
Phones in service, end of period mil..
Telegraph carriers:Domestic1
Operating expenses, incl. depreciation do
International^O perating revenues , do.. _ -Operating expenses, incl. depreciation do_. ._
150. 9
144.3
i 147604 7511 5213. 2
29, 2485,555
4281,9782,662
1251,956
45916, 084
9797
10010397409520
100
10,2088,836
5537,8501, 396
962815
709 3697.71 266
17,389
208. 7174 734 0
78, 9279,080
9.7162
112
3, 3513,3412,0931,8191,330
36, 509
2,01434.55
11,7506,2724, 1887,0762 09181.5
305. 6267. 423.8
112.287.021.0
1
156.3
29, 6185,590
4321,9962,877
1102,131
32216, 159
969598
102
10535
1021499
10, 6559,281
5448,1171,4921,046
902
750 5
83, 0199,630
10.0363
115
3,8813,7592,4132,0401, 548
38, 490
1,96933.80
12, 9046,6994,7617,7132,31786.0
319.3275.5
94 q
121.490.427.1
154.6
2.09641334
150225
66726
1,174
979294
101
11036
10314
101
6,340762
9.8362
118
997248131111104762
154 7
157.1
154126.1121 549.3
22,791' 2 541
2 4 421982273
282103233
2 1, 592
1009994
105
10933
10914
103
2 5182,207
1221, 954
351213179
181.8178.01 2403,657
7,193895
9.4165
123
280262163133176
1,075
4748 15
3,1041,6371 1241,849
55682.7
76.866. 95 3
28.921.7
154.7
2,22932935
161209
15526
1,307
9775
101107
10832
14914
101
6,849821
10.2666
117
301330192153187
1,766
1
155.0
2,43446436
163206
7226
241,308
100105108107
11132
10513
101
6,847798
9.7367
333308195163200
2, 625
163 3
159.8
156149.3198 452.7
2 2, 9662 528
2 492 2012283
2 72299
2 302 1,575
9598
106103
10231911397
2 7282,394
1322 033
395300959
192 3189.91. 2614 151
7, 065925
10.4365
122
356459208188210
5,492
4497.66
3, 2101,6691 1851,890
589
155. 7
2,17536033
150236
522623
1,143
9498
1181038931891396
7, 071804
9.4656
114
397486261211149
8,730
157. 3
2,35746932
158232
7232
241,202
9410010798
10534911395
7, 4.80809
10. 4965
111
571396262231132
* 8, 582
83. C
sn o\ 67.8
29.922. 1 i6.8
159.4
156.2
156210.6159 465. 2
2 2, 9852 570
2 4 12 1932260
2 152292
2322 1,583
9594
10099
10336991398
2,6902, 311
1652,031
391268227
186.7186.11.2425 427
6,795731
10.4565
118
38732226820494
3, 872
65011 07
3. 2601,6761, 2161,935
59284.9
80 571. 15 5
31. 3
7. 5
156.7
2,52648532
154234
19203
261,373
94969197
10037921396
363.7
6, 962863
10. 8669
113
31125021718773
2, 664
156.7
2,33344332
146233
14155
241,286
97958898
10440
13013
100
359.5
6,549692
10.4160
\ 108
25121718115771
1,329
157. 6
2 2, 6242553238
2 1752 252
2102 108
22821,460
999587
10310938
12913
101
2,7182,368
1252,098
356263244
189.72 3 68. 2
6,744750
!
9.35\ 49
118
23624817718367
851
! 3976.91
3,3301,7171,2372, 038
58086.0
81.7i 69."
31.4J 23.8
6.b
155.3 9155.2
1! I
2, 049 2, 054 2 2, 660438 434 2 528
29 29 2 34148 158 2 205201 193 2 249
6 4 2 767 68 2 9120 20 2 25
1,139 1,149 2i ;520
97 96 9695 96 9782 78 74
105 107 10999 94 10032 | 29 30
116 i 104 9612 ! 11 11
100 98 98
| :353.5 i 3 54.7 ! 2369 .0
7,013 6,929 i815 670 !
10. 03 10. 22 !59 62
106 | 114
100 ! HI ! 188932 941
:
r Revised. pPreliminary. ' Number of carriers filing complete reports for the year.2 Data cover 5 weeks; other'pcriods. 4 weeks. 3 Preliminary estimate by Association ofAmerican Railroads.
*Xew series. The monthly motor carrier index (ATA) is based on a sample of carriersthat represents approximately one-third of the class I and II common carriers of generalfreight; monthly data back to 1955 are shown on p. 40 of the July 1966 SURVEY. Railroadrevenue ton-miles are compiled by Interstate Commerce Commission.
§EfTective 1st qtr. 1965, carriers reporting both intercity and local and suburban schedulesare classified as intercity if intercity revenues equal or exceed 50 percent of revenues iroinboth operations.
9 Includes data not siown separately.d" Comparability of df.ta between periods shown has been affected by organization!
changes: certain operations reported prior to 1965, and others reported through mi(l-iw>.are no longer covered.
,tional•1965,
255-322 0 - 6 7 - 5Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
April 1967 SURVEY OF CURRENT BUSINESS S-25
Unless otherwise stated, statistics through 1964and descriptive notes are shown in the 1965edition of BUSINESS STATISTICS
1965 1966
Annual
1966
Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.
1967
Jan. Feb. Mar.
CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Inorganic chemicals, production:Acetylene __mil. cu. f t _ _Ammonia, synthetic anhydrous (commercial)
thous. sh. tons--Carbon dioxide, liquid, gas, and solid doChlorine gas (100% Ch) doHydrochloric acid (100% HC1) _ - _ -doNitric acid (100% IINOs) doOxygen (high puritv) mil. cu. ftPhosphoric acid (100% P2Os) thous. sh. tons...Sodium carbonate (soda ash), synthetic (58%
Na20) thous. sh. tons_.Sodium bichromate and chromate _ _ d o _ _ -Sodium hydroxide (100% NaOH) doSodium silicate (soluble silicate glass), anhydrous
thous. sh. tons-_Sodium sulfates (anhydrous, refined; Glauber's
salt' crude saltcake) thous. sh. tonsSulfuric acid (100% HsSO^ do
Organic chemicals, production :d"Acetic anhydride mil IbAcetylsalicylic acid (aspirin) doCreosote oil mil. gal
DDT mil. IbEthyl acetate (85%) do. -Formaldehyde (37%HCHO)_ doGlycerin, refined, all grades:
Production do_ _Stocks, end of period _ __ _ _ _ do _ -
Methanol, synthetic and natural mil. ga l__Phthalic anhydride _ - _ _ . - mil. Ib -
ALCOHOL
Ethyl alcohol and spirits:Production _ . _ mil. tax gal-Stocks, end of period doUse for denaturation doTaxable withdrawals _ _ _ _ _ - ._. _ _ do_
Denatured alcohol:Production mil. wine gal--Consumption (withdrawals) _ . _ _ do_ _Stocks, end of period do
FERTILIZERS
Exports, total 9 thous. sh tonsNitrogenous materials doPhosphate materials. _ _ . doPotash materials do
Imports:Ammonium nitrate doAmmonium sulfate doPotassium chloride doSodium nitrate _ do
Potash deliveries (K20) doSuperphosphate and other phosphatic fertilizers
(100% P2O5) :Production _ _ _ thous. sh. tonsStocks, end of period do. _.
MISCELLANEOUS PRODUCTS
Explosives (industrial), shipments, quarterly:Black blasting powder mil. IbHigh explosives _ do
Paints, varnish, and lacquer, factory shipments:Total shipments _ _ _ _ _ mil. $
Trade products doIndustrial finishes do
Sulfur, native (Frasch) and recovered:Production thous. Ig. tons__Stocks (producers'), end of period do
PLASTICS AND RESIN MATERIALS
Production:Cellulose plastic materials mil. lb-_Thermosetting resins:
Alkyd resins . _ _ doCoumarone-indene and petroleum polymer
resins-__ mil IbPolyester resins _ _ _ _ _ _ d oPhenolic and other tar acid resins doUrea and melamine resins do
Thermoplastic resins:Styrene-type plastic materials (polystyrene),T . , mil. l b _ _\ myl resins (resin content basis) doPolyethylene... do
16, 745
8, 607. 41, 077. 7
6, 438. 91, 310. 04, 860. 0182, 0313, 845. 1
4.931.0138.2
6, 723. 5
589.8
1,392.424, 789. 5
i 1,531.729.0
2 108. 4
144.6107.3
1 3, 085. 5
353.224.7
1 433. 3579.1
710.1200. 5
' 589. 570.0
315.9315.2
5.4
3 10. 8103 1. 1963 8, 1043 1. 053
177181
1.780398
3,342
3,834469
.81, 459. 4
2. 169. 31, 246. 7
922.6
i 7, 3363,425
1 169. 6
1 585. 6
324.91 388. 01 919. 91 595. 8
1 2, 002. 5'2,28° 03, 047. 4
' 16, 8"9
r 10,661.1r 1, 298. 2'6,946.0r 1, 560. 3'5,333.0'214,853r 4, 522. 8
r 5, 073. 2' 138. 9
'7,342.0
609.1
' 1, 429. 5'27,186.5
'1,600.934.1
i 112.7
141.5i 121. 6
1 3, 627. 1
365. 626.0
i 485. 6i 674. 8
659. 1204. 0570.074.7
307.3310.0
3.5
14,2192,303
10,0181,000
154160
2,382321
3,991
' 4, 431'624
.51,753.1
2, 326. 31,315.71,010.6
8,2222,704
i 190. 6
i 614. 0
i 333. 5453.3
i 982. 6i 632. 8
12,397.21 2 670 013,558.7
1,278
832.987.0
517.1110.1437.4
16, 065352.7
386.411.4
532.3
44.7
111.62,091.5
130.62.77.6
12.38.0
269.9
28.628.636.049.0
49.5211.946.45.1
24.924.34.0
1,15217385289
1119
13917
238
363548
165.284.680.6
6113,281
14.5
48.8
25.736.380.152.7
177.4214 7260.1
1,533
920.2100.5593.5121.4450.5
18, 303394.7
439.112.6
628.1
65.4
129.42,297.2
135.23.1
10.5
12.08.3
309.7
29.830.039.657.3
54.6211.652.06.5
28.028.13.8
1,150272747
47
1526
29044
495
422413
371.4
207.3116.091.3
6733,213
17.0
59.0
28.040.587.856.3
191.5221.6291.1
1,370
851.9101.1573.3123.3431.3
17, 636405.0
423.012.6
605.2
54.7
119.22,420.7
129.02. 89.0
14.211.9
290.1
30.116.639.154.9
53.2208.5
45.76.1
24.624.63.7
1,002103786
74
2020
28438
626
400293
208.7120.987.8
6643,128
15.9
55.9
29.238.584.353.0
197.6221. 4274.6
1,395
976.1110. 1587. 4132.6428.9
18,634406. 2
452.611.9
625.9
39.2
123.82,314.9
122.32.99.7
14.010.5
296.1
29.920.836.757.1
52.9207.046.97.1
25.325.93.7
1,17419285473
1510
17543
308
402383
220. 9129. 291.7
7083, 021
15.6
55.2
31.738.878.654.2
207.3225 1288.7
1,360
889.8118.8560.5121.4394.917,868360.8
433.111.6
595.9
49.9
118.42178.3
137.92.99.0
11.49.1
315.4
32.420.133.255.7
50.8207.948.66.1
26.226.43.3
1,086128736115
105
8232
147
365520
. 1471 7
232 9140.792.2
6842,984
17.5
55.1
29.740.984.358.0
203. 2221.4292.7
1,323
855.6129.8577.4127.8395.3
17,347361.2
431.711.3
606.7
47.5
116.62,233.6
116.92.49.5
12.28.7
274. 6
25.620.439 854.7
53.1210.340.94.8
22. 122.33.0
1,378140
1,000115
128
11833
158
337647
200.6123.377.3
7383,014
6.1
46.4
25 934.773.341.2
198.1190. 1294.7
1,464
857.2134.0585.6124.8420.9
18,167374.2
417.211.9
617.4
56.0
118.12,209.2
134.02.4
10.0
9 99 4
320.7
31.523 841.256.2
48.0205.348.36.4
26.026. 12.9
1,194172821104
125
214(4)
272
334658
221.1132.788.4
6772,975
15.2
52.8
31.237.080.653.9
203. 7223. 9311.1
1,471
847.8115.4570.0125.0423.7
18,125353.2
400.711.9
605.7
53.9
120.52, 162. 8
125.72.99.9
9.310.9
291.9
30.521.741.257.6
58.1201.543.97.0
23.723.63.0
1,15519780885
118
23734
472
328572
1 i482 2
201.4115.985.5
6712,925
15.4
49.4
27.837.989.053.5
204. 6224. 5311.0
1,426
822. 2113.9605. 2135.5469. 2
19,178388.0
445. 212.9
649. 0
55.1
115.02,316.0
126.83.28.8
11.59.7
318.8
32.422.443.158.4
65.2196.950.98.9
27.826.7
4.0
1,13119380588
1310
26013
372
367552
189.1104.784.4
7052,871
16.3
48.6
23.937.990.658.3
210. 3239.2304. 6
1,399
911.4106.9599.6129.5497.5
18,584374.3
408.29.3
634.1
52.8
112.82,347.2
137. 02.79.6
10.312.8
309.6
35.224.342.859.9
59.6199.047.76.8
25.826.53.2
1,49744386458
1420
22813
282
370612
171.790.681.1
6992, 926
15.3
44.3
27.138.080.451.8
210.2227 5312.7
' 1, 409
'1,049.6'96.2
' 615. 2' 135. 4' 512. 5
'18,343' 391. 6
r 424. 4'9.1
' 657. 2
51.1
'114.0'2,447.0
137.33.4
10.0
10.912.1
308.3
30.826. 048.158.7
59.4204.048.05.2
25.926.23.5
1,432216
1, 01994
1212
17535
286
'395'624
—1 0427 8
142.871.871.0
7222,704
16.1
45.0
22.037.173.947.1
192.7227.0326. 3
1,469
1, 041. 890.3
604.5133.7512.8
18, 230404.3
391.211.5
637.6
47.7
119.92, 330. 5
129.82.99.9
9.910.9
300.9
'30.9' 27. 5
42.2'58.3
57.0203.156.65.1
30.430.73 2
1,273116979136
1120
2219
'351
398588
153.879.374.5
6942,722
14.1
46.7
23.435.977.550.8
190.7227.5306.8
114.72.27.2
10.18.3
289.8
26.527.141.053.6
1,128118854108
929
21330
296
' Revised. i Revised annual total; revisions are not distributed to the monthly data.2 Beginning Jan. 1965, data exclude creosote in coal-tar solutions (formerly included); these
average 930,000 gallons per month in 1964. 3 See note "O" for p. S-21. < Less than 500short tons.
d"Data are reported on the >ja^^ ui ^otherwise indicated. 9 Includes data
of 100 percent content of the specified material unlessdata not shown separately.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
S-26 SURVEY OF CURRENT BUSINESS April 1967
Unless otherwise stated, statistics through 1964and descriptive notes are shown in the 1965edition of BUSINESS STATISTICS
1965 1966
Annual
1966
Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.
1967
Jan. Feb. Mar.
ELECTRIC POWER AND GAS
ELECTRIC POWER
Production (utility and industrial), total Jmil. kw.-hr__
Electric utilities total doBy fuels do13 y waterpower do
Privately and municipally owned util do
Industrial establishments total doBy fuels doBy waterpower do
Sales to ultimate customers total (EEI) doCommercial and industrial:
Small light and power § doLarge light and power § do
Railways and railroads do
Street and highway lighting doOther public authorities doInterdepartmental do
Revenue from sales to ultimate customers (EdisonElectric Institute) mil. $__
GAS
Manufactured and mixed gas:L/usio ers, e a pe , i y. _ _
T H t ' 1 ~ " r i r n ~ ~ ~ p rial ~ ~ f\n
Residential do
Residential do
Natural gas:Customers, end of period, total 9- -.thous-..
Residential _ _ d oIndustrial and commercial do
Sales to consumers, total 9 ...mil. therms..* --- W*~i~ - - - - - - -
Revenue from sales to consumers, total 9 ..mil. $..Residential. doIndustrial and commercial do
,156,929
,054,790861,342193,448
855, 632199, 158
102, 13998, 9883,151
953, 414
202, 112433, 365
4,652280, 970
8,78221,6751,858
15, 158. 4
7026594°
1,357809534
130 487 242.1
37, 26534, 2272,997
118,74839, 19074, 657
7, 278. 53,937.83, 166. 0
,248,232
,143,737949, 254194, 482
933, 407210, 329
104, 496101, 346
3,149
1,038,982
225, 878465, 077
4,514306, 572
9,24025, 9221,779
16, 196. 1
94, 962
86, 86571, 57715, 288
70, 17216, 692
8,0977,835
262
84, 418
16, 98836, 183
40627, 976
7971,944
125
1, 324. 6
........
101, 899
93, 05774,89018, 167
75, 35417, 703
8,8418,527
315
84, 035
17, 03437, 711
41026, 024
7761,928
151
1,304.7
69965543
532346186
48 033 514.5
37,28234,2153,077
41, 25318, 27222 981
2, 748. 81, 675. 41, 073. 4
96, 667
88, 07971, 75916, 321
71, 69416, 385
8,5878,269
318
82, 324
17, 16437,800
38224,001
7272,111
138
1, 282. 8
00,559
91,63073, 19318, 436
73,85717, 772
8,9298,610
320
82, 001
17, 48238, 726
36222, 433
6892,144
166
1, 278. 3
05, 367
96. 49280, 27116, 221
78, 66317, 830
8,8758,600
274
84, 542
19, 11039, 159
35022, 872
6642,231
155
1, 327. 1
67363141
311181127
29.119.19.7
37, 18234, 1822,958
30,0438,821
19, 848
1, 793. 3922.4823.4
13, 380
04, 67889, 05415, 624
85, 58119, 096
8,7038,490
212
89, 682
21,30938, 683
34026, 220
6682,300
162
1,414.5
12,348
03, 63287,30916,323
85, 22118,411
8,7168,509
207
93, 376
21,99540, 212
35527, 667
7142,266
166
1, 453. 1
102, 282
93, 81779, 72214, 095
77, 72716, 090
8,4668,264
201
91,519
21, 32940, 355
34126, 351
7462,239
158
1, 427. 6
667626
40
16763
103
16.38.67.9
37, 15734, 2012,915
23, 5663,402
18, 686
1, 194. 9454.5693. 4
03, 070
94, 21079, 78614, 424
77, 78916, 422
8,8598,626
233
86, 718
19,16640, 001
37023, 981
8112,238
151
1,351.6
02, 729
93, 94978, 74515, 204
77, 14016, 809
8,7808,521
259
86, 350
18, 45739, 851
37624,371
8662,291
139
1, 330. 5
09,717
00, 86083, 05317, 807
82, 36518, 495
' 8, 8578,575
282
89, 262
18, 84039,560
42127,087
9142,306
134
1, 375. 0
09,951
01, 25683. 56617, 690
82,61818,638
8,6958,393
302
93, 362
19, 25339, 652
43830, 594
9252, 351
149
1, 431. 2
FOOD AND KINDRED PRODUCTS; TOBACCO
ALCOHOLIC BEVERAGESBeer:
Production mil. bbl__Taxable withdrawals doStocks, end of period do
Distilled spirits (total) :Production mil. tax gal._Consumption, apparent, for beverage purposes
Taxable withdrawals mil. tax gal..Stocks, end of period doImports mil. proof gal__
Whisky:Production mil. tax gal--Taxable withdrawals.... ..doStocks, end of period doImports mil. proof gal_.
Rectified spirits and wines, production, totalmil. proof gaL_
W~hisky doWines and distilling materials:
Effervescent wines:Production mil. wine gal--Taxable withdrawals doStocks, end of period doImports . _ _ _ do
Still wines:Production doTaxable withdrawals _ . _ _ . do. __Stocks, end of period.. doImports. - do
Distilling materials produced at wineries. .-do
100. 4210.34
185. 06
137. 52872. 9058.04
126.8890.05
835.8551.10
94. 1164 81
7.296 253.101.45
233 41167. 14262. 30
14. 91
470. 56
104.2610.57
191. 14
144. 72880. 4260.30
128. 5194.57
835. 4652.20
101.3067 13
8.757 403.751.64
218 82165. 77265. 1016.34
r 390. 23
6.6611.07
17. 02
10. 58881. 58
3.83
12.497.50
842. 553.31
7. 104 85
.7935
3.78.11
2 5912.42
239. 53.95
8.7311. 83
or oq
886. 185.14
15.067.87
846. 874.49
5 81
.88
.484.14.12
2.5817.62
225. 261.38
9 00
8.5412. 34
23 55
888. 944.52
13.187.41
850. 064.00
5.36
.65
.494.26.10
2.2612.89
214.161.16
in 149.06
12.62
1 7 (-ft
24 81
889. 414.66
12.728.15
851. 454.07
9 AQ
6.38
.66
.504.34.13
3.0312.66
202.111.48
9 ^1
11 5110.74
1 fi 7O
26 39
890. 764.99
11.507.56
852. 974.38
Q I O
5.06
.82
.614.49.11
2.3014.91
188.781.30
I CC
11 3210.59
9 94
22 349 on
887. 203.66
4.946.00
849. 982.82
5 933.' 83
.47
.384.55.08
1.529.81
178.581.02
9 07
10 9910. 44
10 94
24 I9
19 ^1
885. 414.38
7.617.46
847. 653.74
8 465.72
.73
.544.66.10
9.6313.10
171. 881.21
31 96
9 008.95
14 31
25 2019 57
883. 875.77
8.728.68
844. 374.58
9 216.40
.58
.734.46.11
72. 9413.93
225. 041.25
145 40
8 377.79
U CA
16 98
26 4515 57
879. 81
9.2611.13
839.286.60
12 709.34
.72
.914.20.23
88.4415.90
290.381.57
r J9Q 5g
8 107.93
nos
17 06
32 1414 32
878. 48
9.9210.06
835. 186.39
9 926.46
.731.013.88
.25
17.8816.09
282. 862.07
35 20
8 338.14
10 57
15 20
37 5610 05
880. 42
9.856.55
4.88
6 923.99
.961.003.75.18
8.2814.47
265. 101.43
18 65
8 387.00
11 31
17 90
9 91885. 49
12.736.49
QOQ 29
4.10
6 493.60
.86
.514.01
.14
3.4913.43
253. 501.22
8.68
8.157.07
11 77
3.42
.13
r Revised.^Monthly revisions for 1964 appear on p. 43 of the June 1966 SURVEY; production data for
al l periods shown here include Alaska and Hawaii.
§Data are not wholly comparable on a year to year basis because of changes from oneclassification to another.
9 Includes data not shown separately.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
April 1967 SURVEY OF CURRENT BUSINESS S-27
Unless otherwise stated, statistics through 1964and descriptive not**s are shown in the 1965edition of BUSINESS STATISTICS
1965 I960
Annual
1966
Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.
1967
Jan. Feb. Mar.
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
DAIRY PRODUCTS
Butter, creamery:Production (factory) mil. IbStocks, cold storage, end of period.. __do. _Price, wholesale, 92-score (N.Y.) $ per lb_.
Cheese:Production (factory), total. . mil. lb_
American, whole milk- do
Stocks, cold storage, end of period . _ __doAmerican, whole milk do
Imports doPrice, wholesale, American, single daisies (Chi-
cago). _ $ p e r l b _ _Condensed and evaporated milk:
Production, case goods:Condensed (sweetened) mil. IbEvaporated (unsweetened) do
Stocks, manufacturers', case goods, end of period:Condensed (sweetened) mil. IbEvaporated (unsweetened) do
Exports:Condensed (sweetened) doEvaporated (unsweetened) do
Price, manufacturers' average selling:Evaporated (unsweetened) $ per case
Fluid milk:Production o n farms. _ _ . _ . _ mil. l b _Utilization in mfd. dairy products doPrice, wholesale, U.S. average $ per 1001b._
Drymilk:Production:
Dry whole milk mil IbNonfat dry milk (human food) do
Stocks, manufacturers', end of period:Dry whole milk doNonfat dry milk (human food) do
Exports:Dry whole milk doNonfat dry milk (human food) do
Price, manufacturers' average selling, nonfat drymilk (human food) $ per Ib
GRAIN AND GRAIN PRODUCTS
Exports (barley corn oats rye wheat) mil bu
Barley:Production (crop estimate). ... doStocks (domestic), end of period do
On farms doOff farms do
Exports, including malt§ doPrices, wholesale (Minneapolis):
No. 2, malting $ per buNo. 3, straight . ..do. .
Corn:Production (crop estimate, grain only) mil buGrindings, wet process do
Stocks (domestic) end of period total mil buOn farms doOff farms _ do
Exports, including meal and flour doPrices, wholesale:
No. 3, yellow (Chicago) $ per buWeighted avg., 5 markets, all grades do
Oats:Production (crop estimate) mil buStocks (domestic), end of period total do
On farms doOff farms do
Exports, including oatmeal doPrice, wholesale, No. 2, white (Chicago)
$ per bu
Rice:Production (crop estimate) mil bags 9California mills:
Receipts, domestic, rough mil. IbShipments from mills, milled rice doStocks, rough and cleaned (cleaned basis), end
of period.. . _ mil. IbSouthern States mills (Ark., La., Tenn., Tex.):
Receipts, rough, from producers mil IbShipments from mills, milled rice do. .Stocks, domestic, rough and cleaned (cleaned
basis), end of period mil. IbExports doPrice, wholesale, Nato, No. 2 (N.O.) $ per Ib
Rye:Production (crop estimate) mil buStocks (domestic), end of period doPrice, wholesale, No. 2 ( Minneapolis).. $ per bu_.
1,322.852.1.610
1,755.51, 158. 4
308.6271.079.3
.450
95.91,693.0
5.9134.8
i 65.3i 24.7
6.09
124, 173' 60, 168
4.24
88.61,992.7
5.058.2
120.01 438. 8
.147
11,385.6
2 392.3300.8184.5116.3i 65.9
1.331.27
2 4,084204.9
4,0413,085
956i 598. 9
1.281.25
2927762660103
i 24.3
.74
2 76 3
1,6121,055
207
5,71154,020
1,64113,411
.083
233 228 81.15
1, 119. 232.3.672
1, 873. 61, 234. 5
372.7322.2135. 5
.527
127.11, 730. 9
11.6192.9
92.938.4
6.73
120, 23057. 365
4.81
87.51, 587. 5
6.9r 118. 5
16.4170.3
.182
1, 590. 3
2 389. 6290.5177.2113.363.6
1.351.33
2 4, 103203.6
3 6632,885
778616.6
1.341.31
2798660555106
30.24. 77
2 85 1
1,586'946
317
5,8803,962
1,7582,978.083
2 27 928.11.20
92 226.6.627
127.678.3
r 283. 6r 244. 3
7 2
.501
9.1118.4
5 461.9
2 02 2
6 33
9,1374 2184.55
7 7123.2
6 253 8
1 76 4
152
127 9
6 3
1.401.38
15 2
51.5
1.291.24
.6
.78
8049
162
195316
1,350207
.082
1.22
101 525.5.643
158.7100.2
r 275. 7' 235. 4
11.1
.524
9.1147.0
6.640.2
9.73.1
6.46
10, 5375,0264.54
7.5146.0
5.947.5
2.016.2
.156
161 3
193.199.294 04.5
1.361.35
18.0r 2 863
2,123741
65.7
1.251.22
53644887
8
.77
126105
143
133291
1,170233
.083
24.81.16
106.234.3.632
165.6113.0
r 302. 9' 258. 9
7 8
.507
9 3165.6
5 873.6
4 73.4
6 55
10, 7255 2704.45
8 1167.5
6 7r 79 4
1 028.8
169
160 6
7.9
1.321.29
17.0
64.6
1.281.24
3.4
.75
9559
146
108253
1,002205
.083
1.17
116.453.2.641
184.2130.5
* 330. 0' 282. 4
5.9
.500
11 2193.2
8 5128 3
9.14.4
6 63
11,5255,8494.34
7 6188.0
9 2' 112. 5
2.29.5
172
139 7
7.3
1.331.30
16.8
53.4
1.281.26
5.2
.74
7697
80
72288
763295
.083
1.14
114 8'85.8
.666
194.5138.3
r 369. 7* 321. 1
10 3
.517
11 0195.4
8 4205.8
8 62.5
6 64
11,2696, 1524.36
8 9192.5
8.7' 139. 8
.58.3
.174
143 4
3104.8346.1358.6
8 0
1.301.27
18.2
1,7831,324
45955.3
1.321.25
3 3163 241
3 75
3.9
.78
11761
111
25365
442219
.083
3 19 01.19
83.992.2.717
169.5116.6
' 391. 3r 340. 9
9.7
.539
11.6158.1
6.1223.4
8.33.5
6. 78
10,3505,1874.70
7 0132 0
8 8T 143. 6
1 226.0
195
119 0
3 0
1.301.27
16.9
43.4
1.391.33
3.6
.77
6654
99
98271
254404
.083
1.22
77.385.9.736
156.8105.3
r 402. 5' 349. 4
10.8
.562
11 3159. 1
6.9217.2
10.74.9
6.93
9,7634,8044.99
7 5110.5
8.2' 129.3
2.619.7
.202
138 7
3.7
1.341.31
18.1
51.8
1.481.40
9 3
.76
8253
97
896232
62385
.083
1.24
70.568.4.754
145.695.3
' 398. 4' 347. 1
10.3
.562
12.2133.8
6.0245.1
8.13.8
7.07
9,2634,1815.28
7.089.0
7.9' 118. 4
1.415.6
.206
134.0
386.1245.3140.8
8.5
1.391.35
17.13 8403 530331145.3
1.441.40
833675158
3.2
.75
266'110
168
1,312366
1,109200
.083
37.81.23
79.158.1.699
144.091.6
' 388. 8r 335. 5
15.3
.554
12.2125.8
7.0253.4
10.33.4
7.06
9,3334,0485.40
6.592.9
8.4116.8
.99.8
' .200
126.8
4.6
1.411.39
18.3
35.6
1.371.35
4.2
.78
371109
304
1,640404
1,826226
.083
1.18
80.839.0.680
139.485.8
378.3325.417.8
.530
11.1107.4
7.2230.8
7.02.1
7.07
9,0123,9075.39
6.092.9
8.3' 112. 2
.88.8
.204
125.5
4.3
1.371.36
16.9
56.4
1.311.33
2.3
.78
3354
262
664416
1,867246
.085
1.21
97.432.3.674
155.398.6
372.7322.217.8
.530
9.4109.9
11.6192.9
5.63.0
7.06
9,5114, 3715.30
5.5122.7
6.9' 118. 5
.84.1
.201
101.3
290.5177.2113.3
1.4
1.361.34
15.1
3,6632,885
77844.6
1.421.37
660555106
9
15458
317
405399
1,758322
.085
28. 11.25
112.935.1.669
153.1101.5
367.8317.414.7
.530
4 8105.2
14.3150.0
1.5
7 05
9,855'4 770
5. 15
5 8133.8
6 8118.7
.200
90 5
2 7
1.351.34
16 2
35.4
1 401.36
4
79
179197
260
341403
1,611472
p .085
1.20
103.854. 7.672
143.094.9
'361.2' 308. 6
13.2
.520
2 9103.7
15 4119.6
5 9
7 05
9,2174 545'5.06
6 0199 6
7 0111 7
.199
82 7
3 1
1.321.31
15. 1
38.1
1.381.33
(6)
.77
147119
248
294414
2, 766390
1.19
75.1
371.5319.4
10, 510
4.96
1.331.32
17.6
1.381.34
.77
1. 23r Revised. * Preliminary. i See note "O" for p. S-21. 2 Crop estimate for the
year. 3 Old crop only; new crop not reported until beginning of new crop year (July forbarley, oats, rye, and wheat; Oct. for corn). 4 Average for 11 months.
5 Beginning June 1965, data include shipments to Gov't. agencies.e Less than 500,000 bushels. § Excludes pearl barley.9 Bags of 100 Ib.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
S-28 SURVEY OF CURRENT BUSINESS April 1967
Unless otherwise stated, statistics through 1964and descriptive notes are shown in the 1965edition of BUSINESS STATISTICS
1965 1966
Annual
1966
Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.
1967
Jan. 1 Feb. Mar.
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
GRAIN AND GRAIN PRODUCTS— Con.
Wheat:Production (crop estimate), total mil. bu
Spring wheat doWinter wheat do
Distribution do
Stocks (domestic), end of period, total doOn farms doOff farms do
Exports, total, including flour doWheat only _ _ _ _ _ _ _ _ _ _ _ d o
Prices, wholesale:No. 1, dark northern spring (Minneapolis)
$ per b u _ _No. 2, hd. and dk. hd. winter (Kans. City)_doWeighted avg., 6 markets, all grades do
Wheat flour:Production:
Flour thous. sacks (100 lb.)~Operations, percent of capacity _Offal thous. sh tons
Grindings of wheat _ _ thous. buStocks held by mills, end of period
thous. sacks (100 Ib.)Exports doPrices, wholesale:
Spring, standard patent (Minneapolis)$ p e r l 0 0 1 b _ _
Winter hard, 95% patent (Kans City) do
LIVESTOCK
Cattle and calves:Slaughter (federally inspected):
Calves thous animalsCattle ._ do
Receipts at 26 public markets doShipments, feeder, to 8 corn-belt States. do. -Prices, wholesale:
Beef steers (Chicago) $ per 100 Ib _Steers, stocker and feeder (Kansas City)__doCalves, vealers (Natl Stockyards 111 ) do
Hogs:Slaughter (federally inspected) ___thous . animals. _Receipts at 26 public markets __. _ _ doPrices:
Wholesale, average, all grades (Chicago)$perl001b._
Hog- corn price ratio (bu. of corn equal in valueto 100 Ib. live hog)
Sheep and lambs:Slaughter (federally inspected). ..thous. animals, _Receipts at 26 public markets _ _ _ d oShipments, feeder, to 8 corn-belt States doPrices, wholesale:
Lambs, average (Chicago) $ per 1001b_.
MEATS AND LARD
Total meats:Production (carcass weight, leaf lard in) , inspected
slaughter. mil. IbStocks (excluding lard), cold storage, end of
period mil IbExports (meat and meat preparations) _ do. _Imports (meat and meat preparations) do
Beef and veal:Production, inspected slaughter doStocks, cold storage, end of period . __ doExports doImports -_ doPrice, wholesale, beef, fresh, steer carcasses, choice
(600-700 Ibs.) (New York) $per lb-_Lamb and mutton:
Production, inspected slaughter mil. lb._Stocks, cold storage, end of period do
Pork (including lard), production, inspectedslaughter mil Ib
Pork (excluding lard) :Production, inspected slaughter _ _ _ _ d o _ _Stocks, cold storage, end of period doExports _ _ _ i doImports doPrices, wholesale:
Hams, smoked, composite v $ per IbFresh loins, 8-12 Ib. average (New York) ..do
Lard :Production, inspected slaughter mil. l b _ _Stocks, dry and cold storage, end of period.. doExports doPrice, wholesale, refined (Chicago) $ ner Ib
i 1,3161299
ll 0171 432
1 336405931
3 694. 23 646. 5
1.831.581.70
254, 58490.9
4 693575 874
4 3143 20 464
5.7845 464
5 07626 61413 9947 230
25.8122. 5027 17
63, 70815 386
20.78
18 2
11,7103 4502,157
24. 29
28 336
4843 535
1 012
15 995269
3 4Q718
.433
57612
11 766
9,330152
3 53262
542. 532
1,77262
3 251. 153
1 1,311!254
1 1, 0571,602
1 046409637
875.7820.8
1.971.811.88
257, 18891.3
4,668579, 183
4,18023 540
6.3655 994
4 43227 319
4 13, 1338,056
26.1725.4239 38
63,7294 15, 175
22.88r 18.6
11,5514 3, 901
1,988
25.00
29 289
691480
1 318
16 70831732
895
.441
58117
19 000
9,670234
55298
587.569
1,696100158
. 152
69.567.9
1.891.651.77
19, 62189.6
35744, 294
711
5.9885 567
3762,037'966
389
27.5526.3837 50
4,650r 1, 095
27.15
23 7
785'227
80
28.25
2, 143
r 50635
101
1,244'255
264
.453
4111
858
701' 183
427
657.639
1146915
.171
419
917256662
90.487.7
1.871.641.74
23, 01390.7416
51,811
4,0861 155
5.9135 540
4592 2321,110
513
28.9627.6236 00
5,8061,316
24.00
'20.5
1,033314120
26.75
2 500
5284394
1 367236
350
.469
5413
1 078
878217
431
625.568
1447718
.160
83.677.7
1.841.651.72
20, 68689.2374
46, 585
2 532
5.9255 567
3702 103
932466
27.7326.7435 00
5,3031 291
21.72
19 1
972279172
25.75
2 349
58532
107
1 291225
265
.460
5018
1 008
804272
329
537.533
14994
5.150
72.867.0
1.871.741.78
20, 62889.0373
46, 382
2, 492
6.0505.800
3182,249
961448
26.5426.3133 50
4,9131,245
22.25
18.7
970315168
27.12
2,363
5723188
1,359213
253
.442
4920
954
761268
5
552.562
14110415
.144
3822 5352 1312 404
76.271.4
1.981.891.88
22, 35092.4403
50, 222
4 2282 071
6.4506 200
3252 3971 151
373
25.3324.9233 00
4,6721, 192
22.88
19.3
1,040335109
24.25
2 432
51838
143
1 466219
3103
.424
5122
914
727214
626
562.604
136102
15.140
68.864.1
2.101.991.96
20, 03790.9367
45, 402
2 015
6. 9056 573
3132 236
976443
25. 2624.15°6 50
4,2281,004
22.65
18. 1
929303104
23.75
2 197
4953498
1 346
268
.410
4526
806
646179
399
552.561
1169410
.143
80.574.7
2.091.981.98
22, 38088.3405
50, 400
2, 495
6. 8386. 483
3612,4691,148
576
25. 7325. 5123. 50
5.. 0881 192
23. 85
18. 3
1,024398230
24. 75
2. 480
43345
123
1, 489
0
96
.440
49
942
757140
418
.577
.577
13473
' if..164
406
1 441544897
76.271.6
2.091.932.08
23, 09398.8
42051,996
4,1971 962
6.8136 433
3902 4161 115
911
26.0725. 5130 00
5,8881 305
22.57
16 4
1,067427325
24.00
2 593
r 45143
131
1 467r 232
3101
.448
5221
1 074
867151
422
557.580
14964
g.158
81.875.8
2.021.802.00
22, 924"98^417
51,602
2 601
6.6386 167
3892 3351 3551,424
25.4824.7931 50
6,0471,439
21.34
16 4
1,022405337
23.25
9 600
50959
128
1 432261
3&>
.433
5120
1 117
901171
726
557.550
1577015
.148
62.156.1
2.001.881.98
21,48491.9389
48, 133
2,595
6.5506. 100
3842,2851, 2441,325
24. 9324. 1832.50
6,2001,469
19.78
15.2
896344126
22.25
2,636
56552
104
1,414282
3
.427
4518
1 177
961206
724
568.509
16378iq
.143
395
1,046409637
55.150. 5
1.971.861.95
20, 80388.9
37746, 621
4,1801,956
6.3255.883
3662,2571,042
705
24.4924.2832.50
6, 2151,460
19.10
14.6
905269111
22.00
2 647
69136
106
1,418317
373
.431
4617
1 183
955234
625
.625
.497
16510014
.133
51.848.1
1.921.791.91
'20,669'88.3
376'46,429
1,564
* 6. 255p 5. 701
3722,3651,142
514
25.2124.32
p 33. 00
6,2801,497
18.77
14.8
1,05329888
22.50
2,732
66836
115
1,488334
382
.437
5515
1 189
959256
523
p 578.512
16711618
P. 138
40.738.0
1.911.731.87
19, 34786.8350
43, 399
1,172
3132,105
840355
24.9224.04
5,6521,233
18.81
14.9
98922170
21.25
2,419
' 6974299
1,324325
363
.434
52'15
1 042
845'290
727
.506
143119
14
1.971.841.93
24.6524.58
18.05
14.0
21.25
738
316
.419
16"
337
.467
r Revised. v Preliminary.1 Crop estimate for the year.
2 Old crop only; new grain not reported until beginning of new crop year (July for wheat) •3 See note "O" for p. S-21. 4 Beginning 1966, data are for receipts at 28 markets.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
April 1967 SURVEY OF CURRENT BUSINESS S-29
Unless otherwise stated, statistics through 1964and descriptive notes are shown in the 1965edition of BUSINESS STATISTICS
1965 1966
Annual
1966
Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.
1967
Jan. Feb. Mar.
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
POULTRY AND EGGSPoultry:
Slaughter (commercial production) mil. l b _ _Stocks, cold storage (frozen) , end of period, total
mil. lb_.Turkeys do
Price, in Georgia producing area, live broilers$per l b _ _
Eggs:Production on farms mil cases OStocks, cold storage, end of period:
Shell - - - thous. cases OFrozen mil. Ib
Price, wholesale, extras, large (delivered; Chicago)$ per doz _
MISCELLANEOUS FOOD PRODUCTS
Cocoa (cacao) beans:Imports (incl. shells).. . . thous. Ig. tonsPrice, wholesale, Accra (New York) $ per lb._
Coffee (green):Inventories (roasters', importers', dealers'), end
of period thous bagscfRoastings (green weight) _ _ _ _ _ . do_ .
Imports total doFrom Brazil do
Price, wholesale, Santos, No. 4 (New York)$per l b _ _
Confectioner v manufacturers' sales mil $
Fish:Stocks, cold storage, end of period mil. l b _ _
Sugar:Cuban stocks, raw, end of period
thous. Spanish tons..United States:
Deliveries and supply (raw basis) :§Production and receipts:
Production thous sh. tonsEntries from off-shore, total 9 do
Hawaii and Puerto Rico.. _ do
Deliveries, total 9 doFor domestic consumption . d o
Stocks, raw and ref., end of period do
Exports, raw and refined sh. tons.-Imports:
Raw sugar, total 9 thous. sh. tons..From the Philippines do
Refined sugar, total do
Prices (New York):Raw, wholesale - $ per IbRefined1.
Retail (incl. N.E. New Jersey)-. $ per 5 lb_.Wholesalo (excl. excise tax) $ per lb._
Tea imports thous Ib
Baking or frying fats (incl. shortening) :Production mil. lb. .Stocks (producers' and warehouse), end of period
mil lbSalad or cooking oils:
Production doStocks (producers' and warehouse), end of period
mil. lb..Margarine:
Production.. _. .. _ _ doStocks (producers' and warehouse), end of period
mil. lb_.Price, wholesale (colored; mfr. to wholesaler or
large retailer; delivered) $ per lb._
FATS, OILS, AND RELATED PRODUCTS
Animal and fish fats: ATallow, edible:
Production (quantities rendered) mil. lb..Consumption in end products... .. _ ..doStocks (factory and warehouse) , end of period
mil. lb..Tallow and grease (except wool), inedible:
Production (quantities rendered) doConsumption in end products doStocks (factory and warehouse), end of period
mil. lb_.Fish and marine mammaloils:
Production . doConsumption in end products doStocks (factory and warehouse), end of period
mil. lb-.
7,998
315200
.145
179.4
8551
.328
354. 4.172
3 14321,680
21 2905 742
.4511 434
230
472
4,1525, 7961 , 966
10, 15110,0202,648
i 2, 359
3, 7831 055
82
.068
. 595
.095
130 358
2, 792. 5
116 6
2, 773. 1
85.9
1,904.4
41.6
.261
530. 1416. 8
31. 1
4, 302. 52.210.5
413. 8
190.279. 3
185.3
8,811
436267
.145
179. 3
97
36
.401
319.3.246
3 14121,30092 0566 726
.4141 544
271
40
4, 0426, 2321,915
10, 44410, 297
2, 594
3, 006
4,1981 039
38
. 070
. 620
.096
13° 996
3,181.2
118 6
2, 946. 8
83.4
2, 109. 7
53.2
. 266
566.7510.8
50.9
4, 466. 92, 439. 6
447.4
164.176. 8
158.5
522
249156
.155
r 14 0
2098
412
57.7. 221
9 013545
. 425127
175
1,322
921294196
783Til
2,600
62
260106
1
. 069
.611
.098
9 35°
266.3
118 8
238.1
87.9
172.7
48.4
.261
47.644.7
36.6
346. 1190.5
446.5
.37.0
158.8
554
201122
.165
15 6
2824
.423
46 6. 233
3 1895,571
2 382599
.420130
162
r 2, 347
194331203
831817
2,519
1, 765
313149
4
.068
.615
.098
14 677
265. 2
118 4
271.8
79.0
188.5
58.5
.261
45.436.5
40.8
370.6208.2
410.2
. 57.0
137.4
605
16992
.150
15 4
4233
.385
29 2. 259
1 965597
.423111
162
2,990
134231235
750739
2,514
155
303117
(2)
. 069
.616
.095
13 778
242. 6
132 0
233.9
96. 2
163. 6
56.0
.261
40.834.6
41.0
338. 5188.3
414.0
5.46.6
135. 5
617
15169
.160
15 8
7649
319
33 5.244
1 818570
.413101
164
2,675
90258260
837825
2,300
123
25346
.069
.617.095
11 948
262. 1
193 1
253. 0
104. 8
164. 3
56.4
.261
49.342.9
49.6
366.0208.2
357.4
18.97.3
i 138. 6
733
16070
.155
14 8
r 10155
.325
14 0.248
3 4685 185
1 680560
.410103
178
2,300
43407198
976967
1, 982
75
394101
5
.069
.617
.095
10 649
270.8
141 3
269.9
81.4
159.5
57.5
.261
45.843.4
51.0
378.0225. 6
352.2
35.47.4
138.4
722
209104
.155
14.8
7962
.399
20.3.274
1,570451
.40675
211
1,642
48589188
1,0381,0281,670
131
506154
3
.070
.619
.095
8,446
232.8
119.8
240.9
85.8
147.9
58.1
.261
41.339. 8
50.0
346. 0165.7
382. 1
28.65.3
151.0
902
283171
.145
14.5
5760
.417
9.6. 270
1,309153
.413117
248
1,297
00817163
1,0321, 0201,300
86
38068
(-)
.071
. 623.096
9, 681
307. 7
110 8
248. 1
89.1
178.1
55.9
. 266
49.455.6
45.5
375. 7219. 1
393.9
21.86. 6
166. 7
931
409284
.140
14.3
10053
.477
10.3.241
3, 3435, 119
2,085960
.410182
259
1,022
128500113
1,0731,0581,007
177
612154
3
.071
. 618
.097
13 174
276. 8
116 8
219.3
60. 0
173.4
57.5
.274
45. 547.5
40.3
389.8215.3
417.1
20. 46.7
180.4
958
539'395
.120
15.1
4846
.430
13.4.240
2 168947
403171
262
762
676387136
776763
1,460
84
39033
5
.072
.630
.097
11 018
260. 5
118 5
219.9
67.6
190.0
59.9
.273
47.942.7
43.3
380.0210.8
422.8
8.75.2
172.1
888
468312
.125
14.8
2339
.456
15.9.233
1,573455
.403169
272
242
1,073357
82
776759
2.142
184
33856
< )
. ' '•! I
. »>:L'
. ()'.:7
9,28!
265. 9
109 7
237. 6
82.2
193.3
54. 8
.273
55. 047.7
43.0
398.8203. 3
430. 9
16. 56.5
183.9
790
436267
.110
15.6
2736
.399
26.8.249
3 1415,425
1,664471
.398138
271
40
896232
7
889871
2, 594
88
28916
5
071
.636. 099
1 0. 545
264. 3
118 6
259. 8
83.4
192. 9
53. 2
.273
51.040.0
50.9
410.7207. 9
447.4
7.15.8
158.5
682
437275
.125
16.4
6437
.343
49.8.273
1,979560
.388146
253
685
5612, 074
170
674658
r 2, 832
40
225645
.071
.633v . 099
12, 461
259. 8
' 119.3
' 238. 0
- 70. 0
202. 3
'49.5
P .273
51.0' 35.3
' 63.0
' 408. 5r 210. 5
' 507. 7
'1.9' 6.1
' 153. 0
551
••409r 254
.140
15.0
'4541
.311
50.9.305
1,618359
.388
1.640
246143
p 2, 724
89
2954510
.072
.630
11,633
248. 4
105. 4
239. 0
76. 3
172. 8
54.3
53.840.7
65.3
388.3190.9
484.4
.45.6
149.1
353209
.130
17.0
3945
.290
.388
2, 890
.072
'Revised, p Preliminary. 1 See note "O" for p. S-21. 2 Less than 500 short tons.OCases of 30 dozen. d"Bags of 132.276 lb.
§Monthly data reflect cumulative revisions for prior periods. 9 Includes data notshown separately; see also note "§". AFor data on lard, see p. S-28.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
S-30 SUEVEY OF CURRENT BUSINESS April 1967
Unless otherwise stated, statistics through 1964and descriptive notes are shown in the 1965edition of BUSINESS STATISTICS
1965 1966
Annual
1966
Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.
1967
Jan. Feb. Mar.
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
FATS, OILS, AND RELATEDPRODUCTS- Continued
Vegetable oils and related products:Coconut oil:
Production:Crude mil. IbRefined --- - do..
Consumption in end products doStocks, crude and refined (factory and ware-
house) end of period mil IbImports do
Corn oil:Production:
Crude doRefined do
Consumption in end products _ doStocks, crude and refined (factory and ware-
house), end of period mil. Ib
Cottonseed cake and meal:Production thous sli tonsStocks (at oil mills) end of period do
Cottonseed oil:Production:
Crude mil IbRefined do
Consumption in end products doStocks, crude and refined (factory and ware-
house), end of period mil. IbExports (crude and refined) doPrice wholesale (drums* N Y ) $ per Ib
Linseed oil:Production, crude (raw) mil IbConsumption in end products doStocks, crude and refined (factory and ware-
house), end of period mil. Ib
Soybean cake and meal:Production thous. sh. tonsStocks (at oil mills) end of period do
Soybean oil:Production:
Crude mil IbRefined do
Consumption in end products _ do _..Stocks, crude and refined (factory and ware-
house) end of period mil IbExports (crude and refined) do
TOBACCOLeaf:
Stocks, dealers' and manufacturers' end of period!mil Ib
Exports incl scrap and stems thous IbImports in cl scrap and stems do
Manufactured:Consumption (withdrawals):
Cigarettes (small):Tax-exempt millionsTaxable do
Cigars (large) taxable doExports, ciearettes millions. .
365.4488.1723 5
154 4383. 6
445.9412 8422.9
213.1
2,756. 380.9
1,974.21, 668. 81 471 7
300.1501.3i 149
410. 1997 9
213. 5134
11,179.175. 4
5, 235. 54, 547. 34,437.6
374. 81 026 7
134
2 1 855
5 582468 075243, 347
44, 236511,463
7 57823, 052
569.6784.0
195.6498.2
446.6397.6388.0
53.5
2, 382. 494.2
1, 674. 61,511.11, 263. 1
381.8184.0.178
454.2'>26. 9
208. 4.128
12, 614. 4120.0
5, 820. 25, 152. 05, 200. 5
510.9684.8
.140
2 1 847
5 353551, 162179, 336
46, 112522, 532
7,07623, 453
21.243.759.1
146.343.7
34.331.232.2
29.6
305.4115.0
214.7166.4125. 4
366. 330.0.168
38.116 8
225.6. 128
1,042.7113.7
478.4416.5415.8
444.242.1.144
29, 52514, 495
3,52442, 985
5252,019
24.752.570.7
176.587.2
40.534.731.7
34.8
287.6156.7
202.4204.2132.0
396.037.7.171
43.121.3
225.9.128
1,142.8134.2
526.3476.4466.5
485.945.6.136
5 47939, 28513,523
4,57747, 053
6312, 190
(d)46.061.5
155.110.4
38.028.825.4
40.2
197.4189.6
139.2147.6112.1
408.910.8.178
36.420.0
237.7.128
1,010. 1122.8
476.6418.0409.5
521.933.2.139
23, 19116,413
4, 04039, 582
5712,414
32.452.170.2
143.831.3
37.132.730.3
52.5
157.3212.5
113.4130.8104.7
391.911.8.185
40.922.0
260.1.128
1,157.1165.5
537.8450.9431.9
582.347.2.138
23, 13413, 838
3, 95445, 221
6821,926
36.351.374.7
147.250.3
40.033.929.6
60.4
109.3170.1
81.1106.3106.2
343.617.0.192
45.222.6
240.8.128
1,040.1159.4
480.8430.2452.3
589.964.6.132
5,10428,35015,107
3,77148, 552
5791,663
41.943.057.0
149.510.3
37.525 A30.9
63.2
72.2133.9
50.661.292.8
300.83.9
.194
15.920.8
212.5.128
969.9198.9
451.8359.7391. 5
598.255.1.147
44, 20113, 877
3,62537, 925
5072,136
38.445.967.1
190. 751.6
38.237.936.0
59.1
70.899. 5
49.155.299.1
232. 82.9
.202
38. 521. 3
177. 2. 128
944. 0130. 5
436. 9425.8449.6
511.197.1.164
56, 95215,427
3,86350.707
6512,117
33.251.970.5
189.039.3
35.938.238.7
55.4
101.264.1
67.757.085.4
201.82.8
.181
44.119. 1
188. 6.126
824.1111.4
382.1402.1410.4
462.078.5142
5 14264, 48716, 043
3,47546, 371
! 6261,938
(d)50.267.4
187.424.2
39.534.935.8
54.6
237.789.6
165.6101.086.6
246.26.4
.165
45.416.0
207.8.126
1,039.6130.0
482. 1411.5419.0
457.730.4.132
67,57716, 427
3,82743, 484
6452, 021
(<043.360.2
178.731.3
36.136.033.4
55. 2
259.991.7
183.1137.692.7
309.45.7
.169
39.015. 0
218. 0.128
1,147.1129.0
521.9427.0434.8
488.048.6.133
70,18214,812
! 3,81943, 225
6641,941
(<041.960.0
195.69.3
34.133.634.0
53.5
249.294.2
175.1162.495.1
381.85.2
.165
30.114.7
208.4.128
1,133.1120.0
512. 3465.3465.7
510.997.8.131
5,35372, 30813, 129
3,54938, 079
4241,573
(d}
••52.4'65.9
r 194. 5196.8
34.334.034.2
r47.0
r 237. 6'111.6
'168.0128.7'82. 5
' 434. 93.8
P .151
'33.3••19.1
r 205. 9p .128
'1,157.6r 134. 1
r 529. 0r 460. 4r 452. 2
r 566. 124.3
p .127
36, 93014,907
3,40641,319
5371,769
(d)45.056.4
217.879.6
33.930.333.7
45.3
178.0123.1
125. 4116.284.5
471.44.6
29. 719.0
204. 2
1,029.9109. 2
472. 2406.5418. 2
576. 645.7
34, 79116,680
1,731
LEATHER AND PRODUCTS
HIDES AND SKINSExports:
Value, total 9 thous. $Calf and kip skins thous. skins. .Cattle hides thous hides
Imports:Value total 9 thous $
Sheep and lamb skins thous. pieces..Goat and kid skins _ do
Prices, wholesale, f.o.b. shipping point:Calfskins, packer, heavy, 9^/15 Ib $ per lb..
LEATHERProduction:
Calf and whole kip thous skinsCattle hide and side kip .. .-thous. hides and kips..Goat and kid thous skinsSheep and lamb do
Exports:Glove and garment leather thous. sq. ftUpper and lining leather - do. .
Prices, wholesale, f.o.b. tannery:Sole, bends, light index, 1957-59 = 100Upper, chrome calf, B and C grades
index, 1957-59 = 100.-r Revised. p Preliminary. >' Data withheld
individual firms.1 Average for 11 months. - Crop estimate for the
106, 2532, 458
13,311
80, 26331,85014,411
. 541
. 143
6, 26323, 43614. 55730, 316
| 369,953
101.9
99.5
to avoid
year.
155, 6232, 582
14,307
88, 99536, 99810, 331
.601
.177
4,72023, 83813, 35029, 302
65, 704
U14.5
105. 5
disclosur
13, 782295
1,236
6, 7872,841
794
.700
.194
4451,9271,2552, 654
6.346
104.0
e o f o]
15,623330
1,320
11,0525,5481,142
.775
.174
4642,1491,4282,887
7,164
124. 0
104.4
Derations
11,797183927
9,5004,541
856
.675
.184
3302,0441,2572,625
5, 741
118.7
107.6
of
14, 386157
1,278
8, 7243,741
883
.675
.209
3752,0261,2732,720
5, 875
122. 2
108.8
3 EflJRe
9Inc
16,512199
1,351
8, 6023,709
765
.650
.209
4652,0491,3492,649
5,659
119.4
109.2
ective Javisions foludes da
12, 075196971
7,1772,870
861
.525
.209
2831,652
9131,977
4,564
119.4
107. 2
n. 1965, (r 2d qtr.;a for ite
12, 306221
1,097
9, 0333, 5081,484
.565
.179
4432, 059
8082, 624
4,945
118.0
107.6
lat a are f19(i3-4thns not si
12, 662259
1,176
8, 4563,810
681
.525
.169
3261,972
9332. 217
4, 652
114.5
107.2
or all lealqtr. 1964lown sep
10, 412145
1,108
5, 0281,840
767
.475
.144
3502,043
9022, 089
4,527
106.7
108.0
her, exec(mil. Ib.)arately.
15,636174
1,698
4,7941,703
604
.475
.149
3972,016
9482,350
4,461
105.3
96.3
pt sole a: 4,692; 4
10,787180
1,210
4,6471,656
364
.550
.129
3411,925
9131,960
4,796
103. 2
103.2
nd rough,791; 5,28
12,684175
2,818
1,859865
p. 500p. 134
2991,906
9192, 012
5,511
103.2
103.2
; see note7;5,355M
15, 486230
5,387
2, 510793
4,869
"O"forp. S-21.1,964; 5,071; 5,666.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
April 1967 SURVEY OF CURRENT BUSINESS S-31
Unless otherwise stated, statistics through 1964and descriptive notes are shown in the 1965edition of BUSINESS STATISTICS
1965 1966
Annual
1966
Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.
1967
Jan. Feb. Mar.
LEATHER AND PRODUCTS—Continued
LEATHER MANUFACTURES
Shoes and slippers: JProduction total thous pairs
Shoes, sandals, and play shoes, except athleticthous pairs
Slippers doAthletic doOther footwear do
Exports _ do
Prices, wholesale, f.o.b. factory:Men's and boys' oxfords, dress, elk or side
upper, Goodyear welt index, 1957-59—100Women's oxfords, elk side upper, Goodyear
welt index, 1957-59-100Women's pumps, low-medium quality do
r629 095r531 914r 87, 359' 6, 828r 2 994
i 2 533
111 0
107 3113 0
646 327
535 936100 955
6,5982 838
2,737
120.9
111 0121.2
53 015
45 9436 318
589165
167
116 5
109 7119.3
61 821
51 9789 007
606230
274
116.5
109 7119.3
53 145
43 7068 606
605228
260
119.2
111 4121.2
54 319
44 4739 057
576213
283
122 3
111 4121 3
54 685
44 8419 022
561261
272
122.3
111.4121.2
45, 569
38 3456,686
323215
210
122 3
111 4122 0
61 358
50 28910 261
576232
200
122.3
111.4122 A
55, 201
44 36710, 074
528232
227
122 3
111 4122 5
54, 898
43 25110 786
530331
246
123.5
111.4122 3
50, 802
40, 2209,494
548273
230
123.5
111 4122.7
48 441
41 4586 178
555250
182
123 5
111 4122 4
157
123.5
111 4122.9
174
LUMBER AND PRODUCTS
LUMBER— ALL TYPES
National Forest Products Association:^Production total mil bd ft
Hardwoods doSoftwoods do
Shipments, total doHardwoods doSoftwoods do
Stocks (gross), mill, end of period, total doHardwoods doSoftwoods do
Exports, total sawmill products do __Imports, total sawmill products _ _ do
SOFTWOODSDouglas fir:
Orders new mil bd ftOrders unfilled, end of period do
Production doShipments doStocks (gross), mill, end of period do
Exports, total sawmill products doSawed timber doBoards, planks, scantlings, etc do
Prices, wholesale:Dimension, construction, dried, 2" x 4", R. L.
$perM bd. f t -_Flooring, C and better, F. G., 1" x 4", R. L.
$perM bd. ft..
Southern pine:Orders, new . mil. bd. ft..Orders, unfilled, end of period do
Production doShipments doStocks (gross), mill and concentration yards, end
of period mil bd ftExports, total sawmill products M bd. ft-.Prices, wholesale, (indexes):
Boards, No. 2 and better, 1" x 6", R. L.1957-59=100.-
Flooring, B and better, F. G., I" x 4", S. L.1957-59=100..
Western pine:Orders new mil bd ftOrders, unfilled, end of period do
Production doShipments doStocks (gross) , mill, end of period doPrice, wholesale, Ponderosa, boards, No. 3, 1" x
12" R L (6' and over) $ per M bd ft
HARDWOOD FLOORING
Maple, beech, and birch:Orders, new mil. bd. f t - _Orders, unfilled, end of period doProduction doShipments doStocks (gross), mill, end of period do
Oak:Orders, new doOrders, unfilled, end of period doProduction doShipments doStocks (gross) mill end of period do
36, 8957,655
29, 240
37, 7498 226
29, 253
5,7041,1564,548
19625 163
9,271621
9,2349,2571,054
1445nil1334
82.16
156. 85
6,934366
6,5746,849
1,0871 100, 581
94.3
97.1
10, 400535
10, 25110, 3281,732
67.42
31.211.129.030.23.1
818.464. 3
778.7783. 335.4
36, 1287,489
28,639
36, 4827,923
28, 559
5, 7751,1274,648
1,0095,120
8,249486
8,4288,6181, 026
401110290
85.62
165.87
6,430274
6, 6656,522
1,23099, 202
105.1
106.2
10, 400427
10, 44210, 5081,666
69.39
31.216.325.126.71.8
618.126.0
685.6654.458.3
2,879557
2,322
3,012682
2,330
5,5241,0614,463
77415
691728
751701
1,113
271115
83.69
158. 64
514420
513512
1,0807,885
101.2
102.5
845596
784876
1,579
65.83
2.613.12.11.73.4
60.785.357.056. 034.4
3,410652
2,758
3,472685
2,787
5, 4921,0614,431
74514
1,038923
843843
1,113
329
23
88.16
161.61
761503
625678
1,02711,244
102.2
102.7
1,096730
982962
1,599
68.19
3.214.12.32.43.5
77.291.665.566.131.7
3,211660
2,551
3,462689
2,773
5,3231,0554,268
99462
817906
782835
1,084
461135
92.64
166. 84
578469
568612
9836,927
106.0
107.9
973682
9101,0211,488
71.46
3.915.81.92.33.0
59.089.360.663.530.5
3,242625
2,617
3,395684
2,711
5,1501,0004,150
98518
606652
794860
1,027
491237
93.04
166. 84
533415
578587
97410, 078
107.5
107.9
820535
960968
1,480
82.40
2.316.02.02.42. 8
51.078.762.160.730.7
3,265664
2,601
3,159670
2,489
5,2631,0144,249
98550
688614
750726
1,052
399
29
88.25
167. 43
585400
622600
9968,991
107.3
107.4
867506
942896
1,526
79.06
2.816.42.22.42.5
50.262.066.065.929.0
2,858631
2,227
2,910620
2,290
5,1721,0434,129
82469
566537
633643985
339
24
85.25
167. 43
492378
520514
1,0026,903
107.1
106.9
906506
852906
1,472
70.69
3.017.31.82.32.1
40.652.154.950.433.5
3,241678
2,563
3, 171665
2,506
5,2281,0694,159
88507
612419
716729972
326
26
86.01
167.43
534350
582562
1,0228,897
107.8
108.1
920461
977964
1,485
68.74
2.517.62.32.51.8
46.340.765.658.739.9
3,132665
2,467
2,880660
2,220
5,4921,1024,390
86378
625424
680620
1,032
308
22
84.60
168.04
491313
567528
1,0617,364
107.8
108.6
807415
969854
1,600
67.69
2.117.32.01.92.0
40.631.456.151.644.4
2,942642
2,300
2, 792647
2,145
5,7201,1184,602
93339
581394
627611
1,117
361026
82.56
169. 20
470294
545489
1,1177,264
107.6
107.9
800384
884831
1,653
66.28
1.316.22.22.51.7
35.926.450.640.952.6
2,678611
2,067
2,638642
1,996
5,7871,1324,655
75318
621422
580593
1,103
261016
79.69
169. 69
469277
528486
1,1595,688
104.2
107.7
751402
747733
1,667
64.87
2.616.72. 2io1.7
38.525.444.340.355.6
2,506524
1,982
2 578587
1,991
5, 7751,1274,648
70307
681486
540617
1,026
224
17
79.96
169. 69
434274
508437
1,2307,855
102.4
107.2
781427
754755
1,666
64.01
1.816.32.12.01.8
40.226.041.638.458.3
2,356554
1,982
2,577650
1,927
5,8101,1064,704
76300
678568
613596
1,057
341024
P80.96
P169. 20
487288
514473
1,2716,566
100.9
106.1
732476
652683
1.635
1.716.21.91.91.9
45.926.744.045.257.1
2,671560
2,111
2,736615
2,121
5,8801,1254,755
67339
603602
612568
1,101
278
19
524310
510502
1,2797,042
865501
770841
1,564
2.216.71.81.82.0
48.331.742.443.056.4
r Revised. » Preliminary.i See note "O" for p. S-21.t Revisions for 1964-65 are shown in Bu. of the Census report M31A(65)-13.cf Formerly National Lumber Manufacturers Association.
FOOTNOTE FOR RAW STEEL, P. S-32.
AEffective Jan. 1967, the term raw steel has been substituted for ingots and steel for castings;raw steel is defined as steel in the first solid state after melting, suitable for further processingor sale, including ingots, steel castings, and continuous- or pressure-cast blooms, billets,slabs, or other product forms. Current data for raw steel are comparable with the ingotsseries.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
S-32 SURVEY OF CURRENT BUSINESS April 1967
Unless otherwise stated, statistics through 1964and descriptive notes are shown in the 1965edition of BUSINESS STATISTICS
1965 1966
Annual
1966
Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.
1967
Jan. Feb. Mar.
METALS AND MANUFACTURES
IRON AND STEELExports:
Steel mill products thous. sh tonsScrap doPig iron. do
Imports:Steel mill products . doScrap doPig iron - do
Iron and Steel Scrap
Scrap for consumption, total thous sh tonsHome scrap produced doPurchased scrap received (net) do
Consumption, total doStocks, consumers' , end of period doPrices, steel scrap, No. 1 heavy melting:
Composite (5 markets) $ per Ig. ton_Pittsburgh district do
Ore
Iron ore (operations in all U.S. districts):Mine production thous. Ig. tonsShipments from mines doImports do
U.S. and foreign ores and ore agglomerates:Receipts at iron and steel plants doConsumption at iron and steel plants do ....Exports doStocks total end of period do
At mines doAt furnace yards doAt U.S. docks do----
Manganese (mn. content), general imports do
Pig Iron and Iron ProductsPig iron:
Production (excluding production of ferroalloys)thous. sh. tons__
Consumption doStocks (consumers' and suppliers'), end of period
thous. sh. tons..Prices:
Composite $ per Ig. ton_Basic (furnace) doFoundry No 2 Northern do
Castings, gray iron:Orders, unfilled, for sale, end of period
thous. sh. tons..Shipments total do
For sale doCastings, malleable iron:
Orders, unfilled, for sale, end of periodthous. sh.tons__
Shipments, total doFor sale do
Steel, Raw, Semifinished, and Finished
Steel (raw) : AProduction thous. sh. tons__
Index daily average 1957 59 — 100Steel castings:
Orders, unfilled, for sale, end of periodthous. sh. tons,.
Shipments total doFor sale total do
Steel forgings (for sale) :Orders unfilled end of period doShipments total do
Closed die (drop, upset, press) do
Steel products, net shipments:Total (all grades) do__.
Semifinished products doStructural shapes (heavy), steel piling doPlates doRails and accessories do
Bars and tool steel total doBars: Hot rolled (incl. light shapes) d o _ _ _
Reinforcing doCold finished do
Pipe and tubing do__Wireandwireproducts_ _. _ doTin mill products doSheets and strip (incl. electrical), total . . _ d o _ - _
Sheets' Hot rolled doCold rolled do
Steel mill products, inventories, end oif period:Consumers' (manufacturers only) -.mil. sh. tons
Receipts during period do...Consumption during period .- do
Service centers (warehouses) doProducing mills:
In process (ingots, semifinished, etc.) doFinished (sheets, plates, bars, pipe, etc.)_do
i 2, 496i 6, 170
128
10, 383235916
90 53455, 21335 32090 3597,638
33. 3635. 00
87, 42085, 80145, 105
121, 964125, 143i 7, 08508.78112, 29053, 9972, 494
1,272
88, 17388, 945
2,329
62. 7563. 0063. 50
88215, 713
9,171
1741,136
648
3131, 462135.3
4361,9611,570
5892 0451,592
92, 6664,5286,7989,7641,523
14. 4889.3443,1501,8778.6893,4846,659
36, 73310, 63016, 571
12.968.767.04.5
! 8.57.9
HQ17
1,7245,857
12
10, 753464
1,252
29.9531.00
90, 70490, 58346, 259
128, 225127, 694
7,77970, 03812, 67354, 6582,707
1, 293
91, 509
62.7563.0063.50
96215, 7168,928
1821,133
688
134, 072138.0
5902,1551,792
89, 9953,8066,7649,1031,776
14, 5239,1263,2761,9999,2333,4955,828
35, 46810, 13715, 972
10.165.067.95.0
9.89.2
nsn
158419
(2)
5381562
7,2474,2672,9807,2727,305
32.8936.00
4,4971,7511,489
3,2329,499
39661, 50617, 86641, 3352, 305
92
6, 8346,956
2,160
62.7563.0063.50
9771,229
671
1749755
10, 249137.5
452168137
6,734301490684140
1,041681208143712239390
2, 737790
1, 263
11.34.95.64.7
9.58.1
n«^o
159342
2
7769132
8,5424,9593,5838,4857,357
33.3236.50
5,0382,0572,219
3,97611,127
40856, 88120, 84734, 1441,890
76
7,9378,052
2,091
62.7563.0063.50
9751,469
825
187112
67
12, 083146.5
525209173
8,282349609838165
1,284818281173887318527
3,305948
1,513
10.95.96.34.7
9.28.3
n«^Q
143440
1
71514688
8,0524,7603, 2927,9457,471
30.0233.50
6, 8926, 9583,432
8,84110, 897
59354, 61320, 78132, 088
1,744
83
7,8537,849
2, 135
62. 7563.0063. 50
1,0041,378
801
1949757
11, 569144.9
582184152
8,174324600819155
1,279797297175874327535
3,260919
1,494
10.85.96.04.7
9.08.2
n»3Q
126429
2
91917
137
8,2144,9103,3048,2317,491
28. 7132. 75
9,99211,655
3, 502
15, 42111,6581, 048
56. 67319,11835, 852
1,703
109
8,2418,299
2,179
62.7563.0063.50
9531,390
793
1879759
12,191147.8
629190158
8,221334596822152
1,321830301179886344559
3,207894
1,455
10.95.95.85.0
9.08.1
0843
142607
(2)
1,01419
104
7,7834,7343,0497,7977,483
28.4030. 50
10, 78411,953
5,154
15,37010,941
82960, 01817,94940, 2781,791
132
7,8377,842
2,277
62.7563.0063.50
1,0001,405
819
1869962
11,403142.8
620201168
8,033318582815158
1,324820313180900334582
3, 021842
1,307
10.65.65.95.0
9.5S.I
n«49
116532(2)
1,08224
174
7, 0224, 3802,6416,7957,709
29.5431.00
10,34812, 3644,004
14, 62810, 758
81362, 35715,93344, 148
2,276
128
7,6597, 596
2, 464
62. 7563.0063.50
1,0361,119
669
1967346
10,791130. 8
644138114
7,179278548758149
1,162719292143859279534
2,613756
1,114
10.94.74.44.9
9.88.0
0843
126454
(-)
1,0902395
7,7634,7143,0497,4987, 982
29.5429. 50
10,12511,3225, 677
15,47010, 562
77866, 00914, 73649, 056
2, 217
142
7,6457,734
2,452
62. 7563.0063.50
1, 0221, 327
784
1988853
11,097134.5
655174147
7, 788312582797142
1,264772304177864317558
2, 952833
1,289
11.25.75.45.1
9.68.3
0847
106667
2
1,08923
208
7,6954,7872,9087,6778,005
28. 8428.00
9, 82611,1445,383
15, 42410, 941
92269, 45213, 43153, 5392,482
97
7,7327,798
2,516
62.7563.0063.50
1,0341,344'768
2099560
11,280141.3
633182154
7,718314570781148
1,268797289173776305510
3,046904
1,338
11.05.75.95.1
9.78.4
0848
139647
1
94036
104
7,8384,7523,0867,8098,035
29. 1827.00
8,2299,8835,532
14,61311,184
84871, 75512, 02657, 010
2,719
138
8,0447,943
2,652
62.7563.0063.50
1,0121,346
757
2109658
11,509139.5
626179149
7,495321572752141
1,261798275177665289432
3,064896
1,396
10.65.66.05.0
9.98.6
0848
151501
(2)
1,15128
166
28.6427.00
5,1766,7695,158
11,49010,257
50171, 49410, 43458, 2422, 818
82
7,470
62. 7563.0063.50
9641,268
711
1939259
10,887136.4
619176147
7,239346539708141
1,239780276172640256402
2, 968848
1,356
10. 45.35.55. 0
9.88.8
.0848
184472
3
7702143
27.8827.00
5,0852,8452,811
6,69110, 275
36770, 03812, 67354, 6582,707
97
7,350
62. 7563.0063.50
962' 1, 214
'669
1828956
10, 435126.5
-590179148
6,846364543667144
1,148746235157587241427
2,724781
1, 240
10.15.05.35.0
9.89.2
.0848
205491
(2)
7823144
P27.98P27.50
2,864
3,40010, 203
252
~47,~ 8432, 644
124
7,374
62.75P63.00P 63. 50
9331,216
644
1599154
10,633128.9
547176145
7,292348534701137
1,142741219170801247555
2,827799
1,299
10.15.35.35.5
9.99.1
.0848
!
190544
(2)
7441246
I
2, 049
3,3919,370
366
41, 8642, 554
134
6,804
62.75
.
r 10. 041' 134. 8
6,531360508668144
1,059673215160557249510
2, 476710
1,089
p 10.0P 4.8p 4.9p 5.5
p 10.1p 9.3.0848
r Revised. p Preliminary. 1 See note "O" for p. S-21.2 Less than 500 tons. 3 Revised total; monthly revisions are not available.ASee similar note at bottom of p. S-31.^Beginning Jan. 1964, the composite reflects substantial changes in products and weights
used and is not comparable with earlier periods. The new composite price is based on AISInet shipments of carbon steel and is the average price of all finished carbon steel products(except rails and wire products) weighted by tonnage. Prices used are base prices at Pitts-burgh; the average includes an additional 25% for "extra" charges but does not include freight.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
April 1067 SURVEY OF CURRENT BUSINESS S-33
Unless otherwise stated, statistics through 1964and descriptive notes are shown in the 1965edition of BUSINESS STATISTICS
1965 1966
Annual Fob.
1966
Mar. Apr. May June July j Aug. j Sept, ! Oct . j Nov. Dec. Jan.
1967
Feb. Mar.
METALS AND MANUFACTURES—Continued
IRON AND STEEL -Continued
Steel, Manufactured Products
Fabricated structural steel:Orders, new (net) .-thous. sh. tons_.Shiprncnts doBacklog, end of period _ do
Barrels and drums, steel, heavy types (for sale):Orders unfilled end of period ' thousShipments do
Cans (tinplate), shipments (metal consumed),total for sale ind own useO tliou*5 sh tons
NONFERROUS METALS AND PRODUCTS
Aluminum:Production, primary (dom. and foreign ores)
thous. sh. tons_-Rccovcry from scrap (aliiminurn content) doImports (general):
Metal and alloys, crude, _ - _ d oPlates, sheets, etc do
Exports, metal and alloys, crude do
Stocks, primary (at reduction plants), end ofperiod . ._ . . thous. sh. tons__
Price, primary ingot, 99.5% inin $ p e r l b _ _
Aluminum shipments:Ingot and mill products (net) mil. l b _ _
Mill products, total doPlate and sheet (excl. foil) _ do
Castings<[_ .. do
Copper:Production:
Mine, recoverable copper thous. sh. tons . .Refinery, primary . _ _ , . _ _ d o
From domestic ores doFrom foreign ores do
Secondary, recovere d as refined do .Imports (general) :
Refined, unrefined, scrap (copper cont.)._ do. _ .Refined . . . . . . _ . . _ do . _ .
Exports:Refined and scrap do
Refined _ _ _ doConsumption, refined (by mills etc.) do
Stocks, refined, end of period© doFabricators' do
Price, bars, electrolytic (N.Y.)_ .. . _$ per lb.._
Copper-base mill and foundry products, shipments(quarterly total) :
Copper mill (brass mill) products mil IbCopper wire mill products (copper cont.) . _ _doBrass and bronze foundry products do
Lead: AProduction:
Mine, recoverable lead thous. sh. tons..Recovcrcd from scrap (lead cont ) do
Imports (general), ore (lead cont.), metal. ..doConsumption, total , do
Stocks, end of period:Producers', ore, base bullion, and in process
(lead content), ABMS thous. sh. tons..Refiners' (primary), refined and antimonial
(lead content) . . .thous. sh. tons-..Consumers'd" doScrap (lead-base, purchased), all smelters
thous. sh. tons,.Priee, common grade (N.Y.)_ $pcrlb. . .
Tin:Imports (for consumption):
Ore (tin content) Ig tonsBars pigs etc do
Recovery from scrap, total (tin cont.) doAs metal do
Consumption, pig, total .. doPrimary . . . do
Exports, inch reexports (metal) , . -doStocks, pig (industrial), end of period § doPrice, pig, Straits (N.Y.), prompt . .$ p e r i l ) . .
Zinc: AMine production, recoverable zinc
thous. sh. tonsImports (general):
Ores (zinc content) .... .„ doMetal (slab blocks) do
Consumption (recoverable zinc content):Ores do<^prcm n i l tirnoc rln
4, 8684,3213, 151
1, 226°4 13°
4,863
2, 754. 53 7(59 Q
527. 365. 4
1 203. 6
64. 8. 2451
8, 025. 55, 688. 22, 618. 6] , 409.0
1,351.71,711.81 , 335. 7
376. 1429. 4
523. 8137.4
i 422. 1i 325. 0
2, 042. 6
161.3112.9. 3502
2. 974
\, 075
301.1554. 0
344. 41,241.5
1 06. 8
95 9103! 2
48.1. 1600
4,32640,814
r 325, 076r 3 3, 401
84,01158, 550
i 3, 06427, 6561.7817
611.2
429.4153.0
3 122. 93 ORK' i
5,0594,6643, 141
35,145
2, 967. 9
521.8119.1188.2
74.8. 2450
^8,669.0'6,467.7'2,942.7'1,639.6
1,421.21,711.01,353.1
357. 9472. 0
596. 7162. 7
334. 7273.1
2, 370. 5
r 240. 3' 174. 6
. 3617
3, 3262, 4941,102
319.3550.4
431.31, 300. 2
142. 2
23.486.5
49.8.1512
i 4, 37241,62425, 3183,315
85, 27560, 280
3, 06922, 5201 . 6402
571. 1
521.3277. 4
118.799Q 9
456345
3,273
2 017
340
223.558.0
51. 98.3
12.8
71.8. 2450
715.4512. 1236. 5140.4
107.1127. 2101.725.629. 6
41. 19.8
27.418.4
197.4
204.8132.8. 3604
24. 044.7
30.099. 3
109. 1
25. 899.3
52.3.1600
3174,0701 , 995
2706, 4704,555
11627, 2451.7810
48.7
32. 918.9
9.618 <i
538440
3,347
9 455
427
249.072.0
57. 712.117.4
64. 8. 2450
802.8592. 5267. 8149. 5
123. 5148.6120.4
28.242.3
45 213.1
45.738.0
219.5
205.7132. 5. 3612
862625280
29. 950.8
39.9112.5
114.6
23.2105.9
47.1. 1600
02,0012,335
3007,7755, 480
29027, 1301.7398
53. 8
39. 521.6
10.4I Q n
504407
3,382
9 592
420
240. 770.0
54.59.9
10.7
60.3. 2450
730.1552. 5253. 7135. 6
120.7137.9111.826.143. 5
43.010.0
35.330.9
202. 7
183.8124.3. 3615
26. 243.6
27. 5104. 6
113. 1
21.298.8
48.1. 1600
294,3632, 058
2057,2455, 170
78226, 3151.7424
49.9
35.314.0
10.5IS 7
474386
3,609
444
252.369.0
52.510.713.0
67. 7. 2450
761.9585. 5274. 8131.0
126. 4144.8117.127. 747.4
50.113.0
31.527.5
188.3
181.8124.5. 3603
26. 746.6
25.3111.6
111.1
23.999.0
46.3. 1514
1,2244,0160 270
3357,5005,205
40824, 3851.6928
51.5
32.826. 3
9.718 9
366422
3,365
478
245. 066.0
51.712.715.7
63.1.2450
774. 5r94. 1
133. 1
121. 6152. 9118.234.843.7
33.07.3
23.721. 2
211. 0
212.6153.8. 3593
86665099(5
25. 845.8
42.4108.2
114.6
25.898.8
42.1. 1500
1002,5422, 440
2807, 4755, 150
14524, 9701.6077
47.9
43.128. 3
9.91Q 4
427349
3,466
483
252.861. 0
37.211.713.2
70. 0. 2450
649. 1520 1241. 1102 8
107.1136.0106.629.441.6
54.19.8
39.434.0
133.4
250.3193.6.3602
24.838.4
32. 392. 4
119.2
25. 6107.3
42. 5.1500
~~2~837~1,780
2706, 3204, 680
19723, 3801. 5987
45. 7
26. 521. 6
9. 718 9
431413
3,435
566
239. 869.0
40.512.013.1
61 9.2450
762. 0570. 1259. 4140. 2
114.9135. 0107. 927. 140.8
41.67.4
33.526. 3
205. 2
254. 8204. 2. 3596
27.844.5
40. 3111.8
133 9
23.0104.8
45.3. 1500
5664, 2062, 145
2757, 4255, 260
8023, 5801.5642
49.7
70. 923.8
9.318 6
301393
3,282
518
245. 971.0
39.69.5
16.4
62. 2.2450
743.1549.8248. 8146. 0
116.6151.0116.934.237.6
54.69.2
21.617.5
211.6
254.5195. 2. 3609
789573258
27.147.9
44.3109.6
145. 1
22. 098.8
44.7. 1500
1,0003,8162,180
2757, 1905, 150
29024, 2501.5412
45.3
62.125.7
10.11 9. 6
390414
3,219
405
258. 476.0
36. 68.1
18.7
65.8.2450
706.2523. 4231.7147.3
124.4139. 6106.333.334.9
55. 518.5
21.918.3
212. 3
180'. 0. 3633
27.947.4
3S. 9110.7
144. 0
21.891. 9
47.4.1424
3362, 8892,115
2756, 9704, 970
9324, 0751. 5451
44.1
39.227. 4
9.419. 7
404382
3, 234
359
251.072.0
33.610.016.5
66.8. 2450
685.5495. 2216. 7142. 1
120. 2149. 2117.631.637.2
75.228.0
14.010.3
210. 2
214. 2155. 1. 3699
26.849.5
33.3117.0
140. 3
25 388. 5
46. 8. 1400
3123, 9672, 040
2556, 8404, 71 5
11623, 1051. 5422
42. 9
48.0
10.319 3
345374
3,141
404
262. 1
40.76.8
21.8
74.8. 2450
' 700. 4r 482. 8' 218. 1
134.4
120.4161.1129. 032.135.7
57.523.6
14.910.3
189. 3
240.3174. 6. 3624
809646'>68
26. 844.2
47.0113.1
142.2l)3 486 5
49.8.1400
2083,4181, 910
2756, 5954,535
24922, 5201.5399
42. 5
56. 021.3
9.419.6
307341
3,251
332
205. 2
36.6
2()! 5
76.6. 2474
709. 5493.4
141 .'5
T 122. 4148. 9122.326. 640. 9
' 43.120. 3
21.715.7
'p 204. 5
'P233.9*p 169.4
.3787
25. 4
45.3
157. 9
. 1400
173,662
7, 0005, 040
73722, 4001.5388
41.9
47.9
325331
3,078
32.76.5
24. 9
.2500
117.7138. (i111.527.128. 0
58. 419.3
22. 116.0
p 197. 8
P 227. 1P 160. 6
.3810
42. 2
154.8
. 1400
3932, 883
422
l.~5438~
51.211.1
•"""""
. 2500
. 3808
. 1400
1.5371
'Revised. ^Preliminary. ' See note "Q" for p. S-'Jl. -'Total for 11 months.3 Revised total; monthly revisions are not available.OPata reflect changes in conversion factor effective Sept. 1966 and Jan. 1967 and are not
strictly comparable with those for earlier periods. ^Effective 1966, estimates are derivedfrom a new sample and arc not directly comparable with earlier data; see note in Feb. 1967
SURVEY. ©Beginning 1966, total includes copper not previously covered; see note inFeb. 1967 SURVEY. ^Consumers' and secondary smelters' stocks of lead in refinery shapesand in copper-base scrap. §Stocks reflect surplus tin made available to industry by GSA.ABeginning Aug. 1964, data reflect sales to the industry of metal released from the C.overn-mcnt stockpile.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
S-34 SURVEY
Unless otherwise stated, statistics through 1964and descriptive notes are shown in the 1965edition of BUSINESS STATISTICS
1965 | 1966
Annual
OF CURRENT BUSINESS April 1967
1966
Feb. Mar. j Apr. May J June
METALS AND MANUFACTURES-
July Aug. Sept.I
Oct. 1 Nov. Dec.
1967
.Tun. Feb. Mar.
—Continued
NONFERROUS METALS AND PROD.- Con.
Zinc — ContinuedSlab zinc:A
Production (primary smelter), from domesticand foreign ores thous. sh. tons__
Secondary (redistilled) production doConsumption, fabricators' doExports doStocks, end of period:
Producers', at smelter (AZI)cf1 _ . doConsumers' do
Price, prime Western (East St. Louis) . $ per lb._
HEATING EQUIPMENT, EXC. ELECTRIC
Radiators and con vectors, shipments:Cast-iron mil sq ft radiationNonferrous do
Oil burners:Shipments thousStocks end of period do
Ranges, gas, domestic cooking (incl. free-standing,set-in, high-oven ranges, and built-in ovenbroilers) shipments thous
Top burner sections (4-burner equiv), ship. ..do
Stoves, domestic heating, shipments, total §-.doGas do
Warm-air furnaces (forced-air and gravity air-flow),shipments total § thous
Gas doWater heaters, gas, shipments . do
MACHINERY AND APPARATUS
Fans, blowers, and unit heaters, qtrly.:Fans and blowers new orders mil *+>T^nit-heater group new orders do
Foundry equipment (new), new orders, netmo. avg. shipments 1957-59 = 100__
Furnaces (industrial) and ovens, etc., new orders(domestic), net mil $
Electric processing doFuel-fired (exc. for hot rolling steel) do
Material handling equipment (industrial) :Orders (new), index, seas, adj 0 1957-59 = 100
Industrial trucks (electric), shipments:Hand (motorized) numberRider-type _ do
Industrial trucks and tractors (internal combustionengines), shipments number
Machine tools:Metal cutting tools:
Orders, new (net), total - - . . _ . . ..mil. $._Domestic do
Shipments, total _ _ _ doDomestic do
Estimated backlog, end of period months . .
Metal forming tools:Orders, new (net), total mil $
Domestic . . . . . . . doShipments total do
Domestic doEstimated backlog, end of period months
Other machinery and equip., qtrly. shipments:Construction machinery (selected types), total 9
mil. $.._Tractors, tracklaying, total doTractors wheel (con off-highway) doTractor shovel loaders (integral units only),
wheel and tracklaying types mil $Tractors, wheel (excl. garden and contractors'
off-highway types) mil $Farm machines and equipment (selected types),
excl. tractors.. __ .. mil. $ELECTRICAL EQUIPMENT
Batteries (auto, replacement), shipmentsV-tlious..Household electrical appliances:
Ranges, shipments (distributors'), doines-ticf. thous
Refrigerators and home freezers, output1957-59 = 100..
Vacuuni cleaners, sales billed . . thous _ .Washers, sales (dom. and export) doDriers (gas and electric), sales (domestic and
export) thous
Radio sets, productionO d o - _ .Television sets (incl. combination), prod.O - -doElectron tubes and semiconductors (excl. receiving,
power, and spec, purpose tubes), sales mil. $ _ _Motors and generators:
New orders, index, qtrly . .1947-49 = 100.. jNew orders (gross) : j
Polyphase induction motors 1 ^00 hp mil $D.C. motors niirl venerators. 1-200 hn do
1 994. 41 83. 6
U,354.15.9
30.1145.4. 1450
1 11.6115.3
' 564. 4
1 2, 1 15. 9304. 8
1 1,415.2994. 0
1, 566. 61 1,228. 72, 616. 4
208. 666. 9
1 52. 821.6
186.3
8,2029, 994
41,746
1,176.001,054.40
958. 60830 55
7.6
319.30297. 75287. 85259. 80
9.9
"1,722.4428. 3149. 4
1 399. 1
X3() o
1 053 6
30, 528
o Q>> Q
147.8i 5, 106. 9'4 ,347. 1
i 2, 098. 4
21,118 i11,028 \
757. 0
215
210. 144 6
1,038.172.4
1, 408. 31.4
64. 0123.2. 1450
7.57 90. 4
'617.2'40.4
•) 153 7234. 1
' 1,388.0' 976. 3
' 1,366.21, 046. 52, 488. 9
232. 467.9
279. 9
179.323. 995. 9
207.2
10,39012 404
47, 043
1, 531. 301,392.901,145.351,028.95
10.9
321. 60291. 34331. 30312. 70
8.4
1,913.5488.9162.3
419.0
1,220.0
32, 124
1,966.5
163. 05, 582. 74, 406. 3
2, 360. 8
23, 59512, 402
1871.7
2395 113.3
51.3
79.95.7
116.1.1
29.7156.0.1450
. 77.1
42.136.7
180.719.6
72.541.6
96.577.5
207.4
198.2
13.71.86.1
' 208. 6
749776
3,619
135. 45121. 1083.0073. 55
8.7
30.5029. 4028.7026. 15
10.2
2,918
165. 5
176. 2517.0364.7
193. 2
1,862924
68.9 :
5 10. 15.1 i
85.46.2
127.0.1
28.8166.7.1450
.67.7
46.642.3
23.6
73. 142. 2
103. 783.5
236. 6
54. 816.5
274. 0
16. 11.79.9
' 199. 9
9201,087
4,159
155. 85137.45105. 0594. 25
9.1
31.2528.6530.4528. 75
10.0
473. 5122.339.2
110.6
269. 1
358. 2
2, 042
178.3
151.6549. 6397. 7
180. 2
3 2 2603 1,239
81. 1
247
Ml. 25. 6
87.05.7
119.1.1
33.2159.7.1450
.68.1
39.938.7
187.523.3
70.247.2
88.170.2
218.6
244. 6
25. 63.4
16. 4
' 196. 8
907932
3,980
134. 50118. 4086.0078.35
9.5
22.8021.8026.7025.30
9.6
1 , 1 / 2
191.5
192. 6429. 0351.6
128. 0
1,824907
74.6
59.15.1
88.86.0
123.5
39.9154.9.1450
.48.1
44. 554.2
177.422.1
95.170.9
98.379. 0
194. 1
OT? (}
11.72.05.4
' 198. 3
8571,028
4, 015
127.65119.5590. 2079. 25
9.7
31.1527. 5527. 4025. 85
9.5
1,972
163. 1
176. 2397.6349. 6
108. 6
1,801874
74.3
59.83.8
86. 45.9
118.6.1
42.1147. 3.1450
.58.6
52. 658.7
208. 325. 2
92. 869.8
105. 684.1
207. 6
63 416.5
340.6
15.2
' 198. 5
9031,081
4, 305
135. 20123.15112.00102. 35
9.8
39.1533.0030.6029.35
9.5
564 7139.450 9
123 0
280. 0
340.3
2,106
162.4
181.0402.8413.9
144.8
s 2,0753 1,125
77.8
255
5 10.13.9
83.35.9
97.8.1
48.9153.9.1450
.56.8
38.758. 5
131.413.7
128.199.4
104.282.2
210.9
319.5
15.83.57.6
' 204. 8
660913
3,359
120. 75109. 1079. 3072. 70
10. 2
27. 9526. 6024. 0023. 30
9.8
2, 094
169.3
156. 5414. 6384.7
161. 9
1,234586
57.8 i
5 8. 24.5 !
82.65.9
124.0
46.3145. 0.1450.
io'.666.254. 8
173. 219.5
169.7.121.7
146.1112.3208. 4
243. 9
15.51.69. 3
' 216. 4
719797
3.59JI
113.05107. 1080.9574. 4010.3
24. 6522. 7026. 7024.40
9.7
2, ^80
173.5
1 IS. 4417. 2446. 5
262. 0
1,642920
5 9. 23.3
83.55.8
117.7. 1
43.3139. 4. 1450
.98.6
62.8| 53.5
i 181.6! 20. 9i! 209. 3| 150.5
1 159.9! 115.2i 202. 6
60.0j 17 7
326. 9
12.21.38.1
' 215. 7
1,0321,127
4,161
137.70126.50104.0593.65
10.8
19. 9017.9529. 6027. 60
9.4
' 458. 9112.8
' 9°. 6
203. 3
253. 4
3, 136
158.0
174.0545. 3422. 7
292. 0
32,52131,289
80. 0
236
5 9.83.8
87.6
12">' 1.3
47.5132.6.1450
.98.7
70.446.4
177.716.0
204.4139. 2
160.5119.0222.5
379. 8
17.61.57. 1
' 218. 9
8611,149
3, 829
128. 10121.10101.8091.65
11.0
23. 7520.9027. 0525. 60
9.0
3,042
153.3
196. 5506. 9407. 6
297. 9
2, 0911,124
J 10. 54.5
91.16.8
119.8.1
52.9' 126. 9
. 1450
.67.3
61.443.8
181. 916. 4
148.8104.1
115.280. 0
178.5
219.5
9.01.94.1
' 204 2
1,0311,147
4, 285
103.5093. 2096. 6085. 20
11.1
24. 30
28. 0026. 45
8.6
3,596
147.1
143.9509. 5304.6
201.6
2, 0751,165
'69.2
j 8. 34.9
93.45.7
110.1
"64.0
123.2.1450
• 4
'46.9'40.4
164. 315.6
'75.1'51.6
'86.464.5
176.4
54 217 °
317.1
10.71.32.9
212. 8
1,0291,402
4,202
113. 10100. 80127. 05113.40
10.9
16. 4513. 9028.7527. 70
8.4
416.3114.530.5
92. 8
253. 5
268. 1
3,312
131.7
119.0458. 8245. 3
201.9
32,33831,333
69. 8
5 7. 72.8
95.15.7
.1
78.1
.1450
6.5
46.544.2
138.712.3
56.433.5
86.765.6
83.8
.1450
.
216. 6
8.9. 8
4. 1
21°. 4
826886
3,465
' 88. 50'81.10' 86. 45' 77. 80' 10.5
' 13. 80' 13. 70' 25. 75' 24. 10
' 7.8
195.8
18.21.25.0
903976
3,417
95.7583.1594.3085.05
10.5
16. 8515.1528. 4525^25
7. 5
87.9
.1450
' 2, 313
150. 7
116.4454. 9317.0
' 220. 4
M,717853
63.7
^9 .1'4 .5
2, 231
140.0
124.4444.33°5 4
202. 2
p 1,506'1,049
58 .05.0
* 3 1,778p a 1,170
'Revised. 1 Revised total; monthly revisions are not available. 2 For month shown.1 Data cover 5 weeks; other months. 4 weeks. 4 Less than 50 tons. 5 Excludes or-
ders for motors 1-20 hp.; domestic sales of this class in 1966, $127.6 mil.; Feb. 1967, $10.3 mil.6 Reported yearend stocks. See BUSINESS STATISTICS note. 7 Total for 11 months.ASee similar note, p. S-33. d"Producers' stocks elsewhere, end of Mar. 1967, 20,200 tons.§For revised 1965 annual data and for monthly shipments beginning Jan. 1966, certain types
previously classified as heating stoves are included in warm air furnaces. ©EffectiveApr. 1967 SURVEY, data revised back to 1961 to incorporate new seasonal factors.
tRevised series. Data include factory distributing branches and direct factory shipmentsto retailers and other domestic customers; comparable Jan.-June 1965 sales appear in footnotein Sept. 1966 SURVEY. 9Includes data not shown.
ISee note marked "V' bottom of p. S-35. OSee note marked "O" bottom of p. S-35.Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
April 11)67 SURVEY OF CURRENT BUSINESS S-35
Unless otherwise stated, statistics through 1964and descriptive notes are shown in the 1965edition of BUSINESS STATISTICS
1965 1966
Annual
1966
Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.
1967
Jan. Feb. Mar.
PETROLEUM, COAL, AND PRODUCTS
COALAnthracite:
Production thous. sh. tons..Exports doPrice, wholesale, chestnut, f.o.b. car at mine
$ per sh. t o n _ _Bituminous:
Production thous. sh. tons
Industrial consumption and retail deliveries,total? thous. sh. tons__
Electric power utilities _ _ . . doMfg. and mining industries, total do
Coke plants (oven and beehive) do
Retail deliveries to other consumers. __ d o .
Stocks, industrial and retail dealers', end of period,total - _ thous. sh. tons
Electric power utilities _. _ _ _ . do ..Mfg . and mining industries, total do
Oven-coke plants do
Retail dealers do
Exports doPrices, wholesale:
Screenings, indust. use, f.o.b. mine$ per sh. t on__
Domestic, large sizes, f.o.b. mine do
COKEProduction:
Beehive thous. sh. tons..Oven (byproduct) doPetroleum coke§ - _ _ _ _ _ do
Stocks, end of period:Oven-coke plants, total do
At furnace plants doAt merchant plants do
Petroleum coke ._ . _ _ doExports . . . . . _ _ _ _ _ _ do__
PETROLEUM AND PRODUCTS
Crude petroleum:Oil wells completed numberPrice at wells (Okla. -Kansas) $ per bbl_.Runs to stills! mil bblRefinery operating ratio % of capacity
All oils, supply, demand, and stocks: JXew supply, total _ _ _ mil. bbl
Production:Crude petroleum doNatural-gas liquids, benzol, etc do
Imports:Crude petroleum doRefined products do
Change in stocks, all oils (decrease, — ) do
Demand, total doExports:
Crude petroleum doRefined products _ _ do
Domestic demand, total 9 doGasoline __ _ . doKerosene do
Distillate fuel oil doResidual fuel oil do_Jet fuel do
Lubricants.. __ doAsphalt _ doLiquefied gases do
Stocks, end of period, total doCrude petroleum doNatural-gas liquids doRefined products do
Refined petroleum products: JGasoline (incl. aviation):
Production _ doExports doStocks, end of period do
Prices (excl. aviation):Wholesale, ref. (Okla., group 3) $ per gal..Retail (regular grade, excl. taxes), 55 cities
14, 8661851
12.979
512, 088
459, 164242, 729196, 73294, 779
19, 048
77, 39353, 43723, 60310, 506
353
i 50, 181
4.7946. 926
1,65765,19817,208
2, 7012, 445'256
1,478i 834
18,7612. 92
3. 300. 887
4, 190. 9
2,848 5441.6
452.0448.7
-2.9
4, 193. 7
1.167.2
4, 125. 53 1,720. 2
397.6
775.8' 587.0;i 219. 6
47.1127. 6
5 307. 1
836.3220.335.9
580. 2
1,704.43 4. 8
3 183. 1
. 113
' Revised. p Preliminary. 1 See note "Q" for p. S-21revisions not available. a Beginning Jan. 1965, gasoline excliigasoline represents finished grades only (alkylate excluded); cincluded with kerosene) is included with jet fuel. 4 Less tlu:Jan. 1965, data include demand for liquid refinery gases former]feedstocks; comparable 1964 total, 295.1 mil. bbls. 9 Include
§ Includes nonmarketable catalyst coke. t Revisions forlater.
12, 951766
12. 824
' 532,000
' 486,498264, 202
'201,722' 95, 975
19, 965
' 74, 46652, 895
* 21, 332' 9, 206
239
49, 302
4.9526.971
' 1,443' 65, 700
17,611
' 3, 0302, 822'208
1, 4591, 102
2 16. 0762.93
3, 447. 291
4, 446. 8
3, 039. 0468.7
447.1492.0
49.4
4, 397. 5
1.570.9
4, 325. 11, 793. 5
101.1
797.2626. 4244. 4
48.9134.1323.9
885.7249. 640.4
595.7
1, 792. 63.6
194.2
.114
.2162 Repo
ties speciajommerciin 50,000 Iy shown i\s data noJan.-Oct
99984
13. 580
' 40, 760
'40,57121,263
'16,361«• 7, 207
2,947
69, C5547, 19721,6309,870
«-28
3,166
4.8047.247
994,8951,352
2,6962, 504
1921,546
67
1,3942.92
261.690
346.8
231.736.0
34.744.5
-23. 1
370.0
05.6
364.4126.012.1
88.464.717.6
3.63.5
30.5
796. 6225 .424.7
546.4
133.82
21° °
.113
.210
rted totinaphth
il jet fue)bls. 5inder pet shown1964 wi
1,08249
13. 580r 48, 736
' 41,03221,631' 17,532r 8, 182
1, 865
73, 52648, 97324, 36211,318
191
3,512
4.7987. 005
1155, 5981,478
2,6272,442
1851,584
68
1,5172. 92
285.388
389. 5
258.139.5
38.853.1
9.4
380.1
.16.2
373.8145.4
8.7
76.565.919.9
4.66.1
27 2
806.0236.326.4
543.4
146.3
214'. 2
.105
.211 1
1 monthas; aviati1 (formerBeginnirochemiseparate1 be sho^
1,28950
12. 005r 30, 528
38, 04720, 32416, 5677,827
1, 102
68, 11546, 91920, 9938,640
203
3,937
4.8146. 632
1085,4011,381
2, 3452, 172
1731,570
118
1.2742 92
271.787
362. 1
249. 238.8
36. 537.6
11.0
351. 1
.35.8
344.9147. 3
6.1
63.349.121. 5
8.124.0
817.0249. 330.6
537. 1
140.1
207! 9
.113
.212 ^
lyonlyngsally.vn
1.23262
12. 005
' 46.074
' 37,42019, 972
r 16,660' 8, 272
706
69, 76148, 60520,9188,485
238
4, 238
4.9866. 614
1135, 6741,448
2, 1662, 009
1571,563
146
1,3802.92
290. 190
373.7
259.839.4
37.337.2
30.2
343.6
(4)5.5
338.1153.7
5.9
53.243.220.3
12.122.9
847.2255.636.4
555. 2
147.7.1
203.6
.113
.218
1 Datavailat
ORase ts co
1, 196101
12. 005
' 45,702
37, 99421,26916, 1498, 159
498
73, 17350, 58922, 304
9,078
28C
5, 038
4.9866. 695
1215,5281,419
2,0801,939
1411,552
109
1,5442.92
285.692
365.7
251.537.9
39.037.4
9.5
356. 3
.16.1
350.1165. 4
4.9
48.544.420.7
17.221.6
856.6259.741.4
555.5
146.8.4
185.9
.118
.218
FOa reflectle.dio prod^er mono
87652
12. 005
' 35,071
r 39,24022, 962
' 15,736r 8, 224
474
65, 34446, 42418, 6226,683
298
4,038
4.9866.795
1025, 6821.470
2, 2582, 061
1971,582
77
1,3932.92
299.893
371.9
256.338.9
39.137.6
30.3
341. 6
2frl
335.3159.6
4.6
43.343.017.7
17.521 . 7
886. 9254.4
46. 3586. 2
156.0.4
183.3
.118
. 218
OTNOT
ad justm
uction ccchrome i
1,19053
12.355
'50,965
' 39,81822, 684
r 16,119'8,329
938
68, 55848, 79319,4507,265
315
5, 156
4.9906. 953
1405, 7141,530
2,4382,228
2101,556
68
1,5972. 92
297.992
377.4
257.039.3
41.539.7
14.6
362. 8
25^9
356.8164. 5
5.9
51.345.119.5
4.319.623.5
901.5254. 150.6
596.8
157.2.4
177.0
.118
.221
ES FO]
ent to tl
mprisesmd color
1,04087
12. 840
'47,243
' 38,48620, 99015, 9928, 073
1,432
72, 47151,98120, 1837,632
307
5, 070
4.9907. 259
1425, 5121,405
2, 5752, 356
2201,506
100
1,1982. 92
290.193
358. 2
248. 838.0
36.035.4
13.7
344.4
.16.9
337.4149.9
7.5
50. 442.121.1
4.016.524.1
915.3248.1
52.4614. 8
151.3.4
179.7
. 118
.219
R ELECie 1963 C
table, p<units.
1,12491
12. 985
'48,990
' 41,27922, 009
' 17,171' 8, 213
2,023
75, 33654, 52020, 5258,180
291
4,877
5. 0317.011
1415, 6041,478
2, 6352, 428
2071,484
96
1, 4892. 98
295.491
373. 5
259. 340.4
36.037.7
12.9
360.6
.16.0
354.5150.9
7.9
58. 647.322.9
4.315.827.1
928.2247.352.2
628.7
155.5.3
185.2
.115
.219
TRICA
ensus of
)rtable b
1,02544
13.475
'46, 791
42, 05222, 43317, 3797,947
2,163
75, 53454, 40920, 8458,568
280
4,240
5.1137. 056
1355, 4251,518
2, 8212, 621
2001,459
95
1,2852.98
280.990
366.5
252. 840. 0
34.439.2
-10.7
377.2
.15.7
371.4148.010.7
74.753.021.5
3.09.2
31.2
917.4252.947.9
616. 6
149.3,4
187.2
.115
.220
L EQUI
Man ufa c
attery, a
1,00337
13.475
' 48,324
45, 39524, 60218, 1457,997
2, 628
'74,46652, 895
'21,332' 9, 206
239
3,175
5.1297.143
'126r 5, 482
1,573
' 3, 0302, 822' 208
1, 45995
1, 7922. 98
298. 396
383.3
286. 341.6
32.045.9
-31.7
415. 0
.16.0
408.9150. 313.0
92.962. 923. 0
4.04.8
35.3
885.7249. 640.4
595. 7
156.1
194! 2
.113
.221
PMEN
tures; re
ito, and
82960
"13.475
r 47,100
45, 02324, 72317, 6897, 946
2, 610
72, 98051, 30721, 4549,273
219
2, 622
p 5. 129P7.170
119' 5, 453
r 3, 249' 3, 018
231
76
p 2.98
.113
.220
r, P. s-visions b
clock m<
'66935
41, 690
3,610
994, 997
3, 3893, 156
233
68
859
47, 310
. 227 . 227
34.
ack to 1963 are
)dels; television
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
S-36 SURVEY OF CURRENT BUSINESS April 1967
Unless otherwise stated, statistics through 1964and descriptive notes are shown in the 1965edition of BUSINESS STATISTICS
1965 1966
Annual
1966
Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. I Dec.i
1967
iJan. 1 Feb. Mar.
PETROLEUM, COAL, AND PRODUCTS—Continued
PETROLEUM AND PRODUCTS— Continued
Refined petroleum products— ContinuedAviation gasoline:
Production mil. bbl _ _Exports d o - _ _Stocks, end of period..- . do
Kerosene:Production doStocks, end of period. _ _ _ doPrice, wholesale, bulk lots (N.Y. Harbor)
$ per gaL.Distillate fuel oil:
Production _ .mil. bblImports.. doExports _ . doStocks, end of period . _. _ _ d oPrice, wholesale (N.Y. Harbor, No. 2 fuel)
$ per gal..Residual fuel oil:
Production - mil. bblImports.. -- . ._ doExports . doStocks, end of period do. _ _Price, wholesale (Okla., No. 6) $ per bbl
Jet fuel (military grade only) :Production mil. bbl..Stocks, end of period do
Lubricants:Production __ doExports _ doStocks, end of period. doPrice, wholesale, bright stock (midcontinent,
f.o.b., Tulsa) $ per galAsphalt:
Production, mil. bblStocks, end of period do. -
Liquefied petroleum gases:Production _ doTransfer from gasoline plants doStocks (at plants, terminals, underground, and
at refineries) end of period mil bbl
Asphalt and tar products, shipments:Asphalt roofing, total thous. squares - _
Roll roofing and cap sheet .. doShingles, all types . - do
Asphalt siding doInsulated siding.. . doSaturated felts thous. sh. tons
] 48. 61 4.2'8.3
1 94.51 24 1
.098
765 413 03 8
155 4
.090
268 6345. 2
14.956. 21.83
i 191.21 18 7
02. 910 (i13 3
.270
123 616.2
56 1200.2
39 o
72,33828, 29344, 044
028590980
41.23 27. 8
102. 195 0
.104
785 813 84 5
154 1
.094
9P>4 0370 8
12. 9til. 21.62
215. 519 4
05. 417 112 7
. 270
129 017.3
00 1215. 1
36 9
69, 36328, 91740, 446
554496880
3.3.1
9.1
9.817.9
.103
62.86
1.0104.0
.095
99 9
37.31.1
47.61.80
15. 719.2
5.11.2
14.1
.270
0.022.4
4.921.1
20.1
3,6011,4902,111
301756
3.3
9.2
9 518 7
.103
64 783
92 8
.095
23 842 81.9
46.81.60
17.920 1
5.41 3
13.6
. 270
8 024.5
5.317.9
21 1
4,7241,9962, 728
353168
3.02
9 0
7 019 6
.102
60 41 4
391 0
.092
90 5°8 6
.846.21.55
17.618 7
5.31 4
13.1
.270
10 326. 8
4 914.9
°5 4
5,4482,0283. 420
383S73
3.31
8. 1
7 4°1 3
.102
63 81 2
310° 5
.092
°0 5°6 71. 1
49.51.55
18.519 6
5.61 9
13.1
.270
11 426.5
5 313.8
3° 1
6, 1002, 2633,838
384675
47 2
93 5
.102
6° 11 8
3117 7
.092
19 097 g
1 i51 71.55
18.619 8
5 11 5
1° 5
. 270
13 823.6
4 913 3
37 4
8,1273 0505, 077
485499
3.54
7 0
8 1°7 1
.102
67 3I \
3149 5
.09291 Pi97 1
956. 91.55
17.8''3 0
5 81 7
r>' 5.270
14 120. 9
5 113.2
43 1
0. 5402 5823, 958
44
77
a. e4
q o30 3
., 1 02
69 9
1 03
161 1
. 09°
9(i 9°7 4
959 61 55
16. 39'i 7
1 3V> 6
.270
14 81()'. 9
5 014.3
47 7
7, 1613 0334, 128
605980
3. 54
7 3
30 4
.105
05 9I I
4177 4
.095
•>0 495 o1 4
61 61 55
17.799 6
5 4
1° 4
.270
14 °15. 3
4 615 8
49 g
7,1943 1074,087
09
60
3.63
7 4
7 830 4
.105
66 61 4
2186 6
.095
21 29g 9
g04 01.55
19.521 1
5 81 7
12 2
. 270
12 913.3
4 818 8
49 0
6,7833 0993,084
685576
3 54
7 1
8 227 9
.105
03 293
175 8
.095
21 731 2
63 51 65
19. 09() g
5 21 5
13 0
.270
10 014.4
4 822 2
4 r) 9
5, 1422 4412 702
5341Oti
3.79
7 8
10 195 Q
.107
69 91 6
4154 1
.097
95 336 1
1 i01 9
1 65
19.019 4
1 5I9 7
.270
7 517.3
•) i95 8
36 9
3,5551 7731, 782
37
53
|
p. 107 ;
"
f . 097 ' - -j |
j
v 1 65
p.270
1
3, 424 1 i1 6491^775 - - _ ---
31 i1661
PULP, PAPER, AND PAPER PRODUCTS
PULPWOOD AND WASTE PAPER
Pulp wood:Receipts thous cords (1°8 cu ft )Consumption..- _ _ . doStocks, end of period do
Waste paper:Consumption... -. _ thous. sh. tonsStocks, end of period do
WOODPULPProduction:
Total, all grades thous. sh. tons..Dissolving and special alpha doSulfate doSulfite do
Oroundwood doDefibrated or exploded doSoda, semichem., screenings, etc . do
Stocks, end of period:Total, all mills do
Pulp mills doPaper and board mills doNonpaper mills.. do
Exports, all grades, total doDissolving and special alpha doAll other do
Imports, all grades, total . doDissolving and special alpha doAll other do
PAPER AND PAPER PRODUCTS
Paper and board:Production (Bu. of the Census) :
All grades, total, unadjusted.- -thous. sh. tons._Paper doPaperboard doWet-machine board doConstruction paper and board . do
50 45250, 740
5, 770
9,914573
33, 2961 , 486
20,5142, 789
3, 9201,4733,113
730253395
82
21,4022 535
897
3, 127280
2,847
43, 74619, 01920 760
1353.833
!
T 58 881' 55, 382
r (i, 059
10, 159r 682
35, 7361,557
22 3532, 804
T 3 90°1 5303,421
r 729°58
r 387r 84
1 572563
1,009
3 355293
3, 065
r 40, 558r 93 298' •)') 483
138T 3. 709
4 19°4,2935. 320
808464
2, 750124
1,715213
315118265
682252351
79
1265670
24923
226
3, 6511.5871, 759
11295
4 8434, 6515, 428
920466
3,052140
1 908
342131289
680242355
82
1255670
30327
276
4,0451,7561,935
12341
4 5124l 642o, 260
871486
2, 964132
1 854239
331133275
683243361
79
15346
108
25420
234
3, 9381,6971 879
12349
4 5694,7945,001
899488
3.102134
1,945256
338133297
700250369
81
1404793
28724
263
4,0341,7181 964
12339
4 9574 0645 313
894511
3,017140
1 898'236
329134286
716233393
91
1325478
30028
272
3,9961 6991 946
12339
4 7724 5645 453
746562
2, 904115
1 847°20
318131273
74694940889
1912497
27926
254
3, 6771 586l' 769' 9313
5 0904 79°5 639
893576
3, 130134
1 980943
341139300
96641891
i9342SI
32099
290
r 4, 0271 7271 966
l l )
323
4 7304 4185 908
837596
2, 820118
1 752298
319131273
743''5239892
1464997
25822
236
3,7801 6581 803
I9
307
4 8974 9785 829
877022
3,133131
1 970945
353136299
77399638691
1094267
99017
274
4,0901 783l' 992
I9
304
4 4974 6465 703
814048
3, 047132
1 923'243
334113300
76029°38°80
1304788
9g991
201
3, 8591 6921 881
11275
T 4 716T 4 366r 6 059
752r 6g9
2, 801116
1 753' 909
r 399
119281
r 7999 58
T 3g7r g4
1334990
99335
258
••3,612T i 696r 1 749
I9r 232
4 7594 8445 835
808650
3, 076134
1 944930
3481399gg
7519gq37983
1033964
l)879()
207
3, 9141 7741 868
I9
260
p 4 596p 4 454p 6 099
p 771p 603
2, 897110
1 84999]_
339
194971
776393
P 37gi' 76
1133875
90119
242
P 3, 693p 1 650p 1 765
p 12p 266
r Revised. v Preliminary. * See note 2 for p. S-35. > See note "O" for p. i
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
April 1967 SURVEY OF CURRENT BUSINESS S-37
Unless otherwise stated, statistics through 1964and descriptive notes are shown in the 1965edition of BUSINESS STATISTICS
1965 1966
Annual
1966
Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec.
1967
Jan. Feb. Mar.
PULP, PAPER, AND PAPER PRODUCTS—Continued
PAPER AND PAPER PRODUCTS— Con.
Paper and board— ContinuedNew orders (American Paper Institute) :§
All grades paper and board thous sh tonsWholesale price indexes:
Printing paper 1957-59 = 100Book paper A grade doPaperboard doBuilding paper and board _ - do
Selected types of paper (API):§Fine paper:
Orders new thous sh tonsOrders unfilled end of period do
Production doShipments do
Printing paper:Orders new doOrders, unfilled, end of period do
Production doShipments do
Coarse paper:Orders, new doOrders, unfilled, end of period do
Production doShipments do
Newsprint:Canada:
Production doShipments from mills _ _ doStocks at mills end of period do
United States:Production . . . ... doShipments from mills doStocks at mills, end of period do
Consumption by publisherscT doStocks at and in transit to publishers, end of
period thous sli tons
Imports doPrice, rolls, contract, f.o.b. mill, freight allowed
or delivered $ per sh. ton
Paperboard (American Paper Institute): AOrders, new (weekly avg.) thous. sh. tons..Orders, unfilled, end of period .. doProduction, total (weekly avg.) do
Percent of activity (based on 6. 5-day week)Paper products:
Shipping containers, corrugated and solid fiber,shipments! . . , mil. sq. ft. surf, area
Folding paper boxes, shipments, index of physicalvolume 1 947-49 -IfiQ
44, 296
101.4110.696.493.0
2,429150
2, 410'•>, 413
6,198510
5, 9935, 993
4,590210
4,5914,564
7,7207,747
150
2,1802, 183
19
6, 387
573
G 393
132.40
i 4171 796
41090
148, 312
128.2
r 46, 869
101.7115.197.192.8
'2,635' 157
' 2, 639T 2 621
' 6, 685* 527
r 6, 489' 6, 489
' 4, 722'205
' 4, 696r 4, 703
8,4198,385
184
2, 4102, 408
21
6,898
681
6 991
136. 23
44972444592
159,783
3,692
101.4113.596.792.7
207154
205°00
529562
502502
381226
376376
654617253
18518427
498
619
509
132. 40
453902446
95
11,848
115 9
4, 228
101.4113.597.092.7
242168
226231
623620
562562
447250
4294°0
738688302
20321020
586
624
633
132. 40
47194445095
14,043
140.2
3,998
101.4113.597.192.6
233172
228'»8
551598
534534
417256
394399
702732979
19219120
576
641
570
134.40
453973450
94
13, 158
129.5
4,042
101.4114.697.292.6
231177922999
579614
557557
387245
405398
735777230
205207
17
628
668
607
134.40
4691,025
46697
13,477
133. 5
4,025
101.9114.697.292.6
230189
997927
580626
556556
390240
397396
698687241
20520418
573
677
632
138. 40
45299945794
13, 669
144. 5
3,703
101.9115.697.292.9
211186
201208
546656
513513
369215
365370
703666278
19418626
522
688
494
138. 40
391999410
84
12, 403
125.8
4, 036
101.9116.797.293.0
233185
226228
555621
561561
398234
••399397
730709299
21120730
547
729
587
138. 40
44997545092
14, 064
145. 4
' 3, 791
101.9116.797.292.7
204168
216?10
563610
547547
374997
389388
677703
19219597
582
737
624
138. 40
42993743590
14, 232
143.5
' 4, 077
101. 9116.797.293. 0
223169
235227
562583
571571
392214
399395
726717281
211210
28
641
700
605
138. 40
46194346395
14,346
140. 5
r 3, 742
101.9116.797 293.1
'208'160
r 294' 223
'515'543
' 543'543
'392'205
'392' 394
714738l)58
21421528
626
705
601
138 40
44288346394
13, 793
p 130. 1
' 3, 565
101.9116.797.292.7
'200'157
'212' 203
' 530'527
'517'517
'381'200
'372' 380
667740184
20120721
593
681
138.40
412731423
84
12,949
f 3, 991
101.9116.797.392.5
P200p 157
P200p 220
?569P560
^569p547
p380p206
p388p385
698612270
22720939
542
682
563
"138. 40
45674840491
l'>, 298
0596023<J7
21219951
511
672
500
45172045592
12,098
45070545391
RUBBER AND RUBBER PRODUCTS
RUBBERNatural rubber:
Consumption _ _ _ -thous. Ig. tons_Stocks, end of period, . .-- doImports, incl. latex and guayule doPrice, wholesale, smoked sheets ( N . Y . ) _ _ $ per l b _ .
Synthetic rubber:Production _ thous. Ig. tons__Consumption. _ . _ . doStocks, end of period doExports do
Reclaimed rubber:Production _ _ . _ . _ _ . doConsumption doStocks, end of period do
TIRES AND TUBES
Pneumatic casings, automotive:Production . thous
Shipments, total ... .doOriginal equipment doReplacement equipment doExport . _ .. do
Stocks , end of period doExports (Bu. of Census) do
Inner tubes, automotive:Production. . . . d o . . .Shipments doStocks , end of period doExports (Bu. of Census) do
514.71100. 01445. 32
. 257
1,813.991,540.87
311.952 281. 7g
280. 29269. 54
30. 16
167,854
169, 06058, 280
107,9052, 875
37, 0162 2, 381
41,34241,93611J839
2 1,189
549. 70r 81. 55
431 66.236
1,969.621 671.91' 347. 94
308. 44
276. 86258. 44'31.53
177, 169
173, 46454, 680
116,3482, 436
42, 5692, 051
42, 76544, 222111 9961.100
44.3493. 7344.94.258
153. 07131. 54317.0129.91
22.8421. 8828. 72
14, 605
1° 2924,' 8447,181
196
40, 833180
3, 5583, 742
Il ' l7964
50. 9090. 5640. 27.258
169. 52150, 23309. 7730. 00
27. 1924, 5630.07
16, 275
15, 8555,527
10, 079249
41,441211
3, 9834, 480
10' 63087
45.9390.3444. 33
.244
165. 58141. 02316. 02
26. 11
23.2022.0629. 99
15, 317
16, 2245, 253
10, 734237
40. 775175
3,5913, 724
10] 699125
46. 4291. 4538.45.241
165. 55137. 93322. 0224. 07
23. 9621.6730.79
14, 885
14, 6904,9039,587
200
41,214220
3,5333, 336
11,' 039126
47.0690.8442^40.236
161.59140. 29323. 9624. 59
24.5522. 3532. 18
14, 473
16, 2204,900
11,161159
39, 601147
3, 6693, 770
11*10780
37.4092. 7725^94
.234
155. 00113. 63342. 7128. 01
18. 5817 2732. 41
12, 187
12,9012,446
10,292163
39, 166151
3,1853 402
1M1996
46.4088. 7538! 05
.230
160. 54137. 96338. 9125. 39
22.9420. 4032.41
13, 959
12, 6212, 066
10,358197
40, 856153
3, 3013, 399
I l ] l6374
47. 5686. 6230.' 69
. 223
164. 20143 88337. 2225. 18
21. 7421. 2930. 72
14,809
16,0154,684
11,133199
39, 565166
3, 7433, 739
1U)65102
48. 6087. 59 -34. 22
.219
168. 08153. 05334. 9924. 39
23. 9423. 2630. 62
15, 869
16,5585, 269
11,020269
39, 093161
3,7733, 834
l l ]276104
46.1586 6934. 52
. 223
170. 87144. 09340. 40
24. 10
21. 8520. 3230. 36
15, 000
13, 8585, 1718,511
176
40, 393181
3, 4903, 228
1 1 ' 70486
42. 00' 81. 55
99'54.220
' 167.02' 141.07' 347.94
23. 37
' 22. 64' 20 19' 31. 53
14, 483
12, 3884,6297, 564
196
42, 569165
3, 4343 219
11 '99685
45. 4399 '^939.37.216
164. 42146. 42351. 38
26. 26
21 0021. 6530. 93
15, 058
13, 1664,1438, 845
178
44, 678123
' 3, 496' 4, 630
'•10*84668
33. 06. 208
25. 24
14, 147
11,3533, 2347,898
999
47, 594115
3,3853, 312
10^94755
. 206
r Revised. v Preliminary. > Beginning Jan. 1965, monthly data are 4-week averagesfor period ending Saturday nearest the end of the month. Annual data for new orders are52-week averages; those for unfilled orders arc as of Dec. 31. 2 See note "O" for P- S-21.
ef As reported by publishers accounting for about 75 percent of total newsprint consumption,t Revisions for Jan. 1964-Feb. 1965 will be shown later. §Formerly American Paper andPulp Association. AFormerly National Paperboard Association.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
S-38 SURVEY
Unless otherwise stated, statistics through 1964and descriptive notes are shown in the 1965edition of BUSINESS STATISTICS
1965 1966
Annual
OF (TORRENT BUSINESS April IOGT
1966
Feb. Mar. Apr. May June July Aug. Sept. Oct. | Nov.I
Dec.
1967
Jan. Feb. Mar.
STONE, CLAY, AND GLASS PRODUCTS
PORTLAND CEMENT
Shipments, finished cement thous bbl
CLAY CONSTRUCTION PRODUCTS
Shipments:Brick, unglazed (common and face)
mil standard brickStructural tile, except facing thous sh tonsSewer pipe and fittings, vitrified doFacing tile (hollow) , glazed and unglazed
mil brick equivalentFloor and wall tile and accessories, glazed and tin-
glazed mil sq ftPrice index, brick (common), f.o.b. plant or
N Y dock 1957-59—100
GLASS AND GLASS PRODUCTS
Flat glass, mfrs ' shipments thous $
Sheet (window) glass, shipments doPlate and other flat glass, shipments do
Glass containers:Production thous. gross. .
Shipments, domestic, total doGeneral-use food:
Narrow-neck food doWide-mouth food (incl. packers' tumblers,
jelly glasses, and fruit jars) thous. gross.-
Beverage doBeer bottles doLiquor and wine_ do
Medicinal and toilet doChemical, household and industrial doDairy products do
Stocks, end of period. do
GYPSUM AND PRODUCTS (QTRLY)
Crude gypsum, total:Imports thous sh tonsProduction do
Calcined, production, total do
Gypsum products sold or used, total:Uncalcined uses doIndustrial uses doBuilding uses:
Plasters:Base-coat doAll other (incl Keene's cement) do
Lath mil sq ftWallboard doAll other do
!373 563
8 089. 1313 3
1 73° 9
396 9
°83 4
108 4
354 308
140 559013 749
202, 050
195 924
21 548
53,-742
20 28330 13417 273
38, 7976 8821 ' 265
20, 945
5 91110 035
9 3°0
4 580319
898976
1 3688* 083
971
:380 665
r 7 606 2r 267 4
r 1 QIQ 3
r 308 1
°72 7
111 5
343 138
136 785206 353
211, 764
°04 093
21 605
51,941
27 09838 89517 608
39, 9925 8131 141
30 084
5 4799 635
8 i:>58
4 (}'>7' 3')9
678o 904
1 089()' 930
')->8
16 982
421 016 782 9
°1 8
21 5
110 4
16, 352
14 298
1 537
3,964
1,4132, 2161,366
3, 24746095
30, 370
28 779
747 703 4
151 3
°6 3
°5 9
110 7
87 802
33 54154 961
18,658
17 785
2 035
4,356
2,0343,3021,571
3, 86453192
30, 801
1, 0332, 245
2,074
78681
r 165202
2641,623
54
30 883
745. 622 7
146 4
28 3
24 6
110 9
17, 567
10 578
1 717
3,851
2 2663 3041 409
3, 301)50' '103
31,977
35 330
753.821 2
148 4
26 2
24 2
111 1
18,370
17, 460
1,713
4,142
2,5613,5491,539
3,35951681
32, 814
41, 724
812.324 5
174 4
29 2
°6 1
111 8
86 554
34 40152 153
18, 996
19 337
1 653
4, 568
3 3504 1971,540
3,42751092
31,892
1 4872 6780 305
1 43089
r 191°38
3161 996
76
37 941
709.323 2
159 0
27. 1
21.8
111 9
18, 027
17,125
1 578
3,957
3, 2364,1901,120
2,575393
76
32, 408
43,176
746. 924 9
159. 8
28 793 7
111 9
19,821
19 7689 533
4, 963
2, 5793,8931,507
3, 646544103
31 , 926
38, 672
636. 723 2
148. 9
°6 3
00 3
111 9
80, 852
34, 08846, 764
17, 163
18, 878
2, 767
4,936
2,2873,0501,506
3,669546117
29, 684
1, 7062,535
2,111
1,33980
r 185252
2941,828
55
38, 400
615.925 2
139 2
°0 8
11° 1
18,392
15, 981
1,760
4,433
1,5332,7591 , 757
3,22742686
31,735
29, 195
544.021.6
115.4
°0 3
11° 9
16, 064
15 971
1 478
4,378
2, 0102, 7871,017
3,153448
94
31,280
21,044
T 408. 8r 20 4r90. 7
18 9r n9 2
87, 930
34 75553, 175
15,609
16 197
1 403
4, 025
2, 6773,2341,368
2, 958424108
30, 084
1,2532, 177
1 , 7(58
1,07280
136206
2151,493
43
18,457
409.418. 184.0 i
22. 0
19.0
111 °t
1
r 17, 119 16,931r 15, 271 15, 052
r 1, 448 1, 647r 4, 329 4, 081
r 1,852 1,980' 2, 692 2, 639'1,338 1,289r 3, 093 2, 865
r 442 474
31,500 32,889
TEXTILE PRODUCTS
WOVEN FABRICS
Woven fabrics (gray goods), weaving mills: fCloth woven, total 9 mil. linear yd-,
Cotton__ _ . _ _ doManmade fiber do
Stocks, total, end of period 9 d* doCotton _ . ._ _ _ . ..do .-Manmade fiber do
Orders, unfilled, total, end of period 9 < f _ _ - d oCotton doManmade fiber do
COTTON
Cotton (exclusive of linters) :Production:
GinningsA thous. running bales..Crop estimate, equivalent 500-lb. bales
thous. bales__Consumption doStocks in the United States, total, end of period
thous. bales..Domestic cotton, total do
On farms and in transit doPublic storage and compresses _ . - _ d oConsuming establishments do
Foreign cotton, total do.r Revised. 1 Beginning Jan. 1965, excludes finished
>ared masonry cement (2,734 thous. bbls. in 1964); anited to the months. - Data cover 5 weeks; other me(I innings to Jan. 15. s Crop for the year 1966.
o the quarters, t Data shown here are not strictly (or the following reasons: Beginning Jan. 1964, fabric cibcr drapery fabrics were added; beginning Jan. 1966,
classifications, principally cotton blends.
13, 0379,2623,517
1,139676442
4,1403, 023
999
14,916
14,9569 296
23, 785''3 680
2, 53319,619
1 , 528105
cement ulual totalmths, 4 w
6 Incluxmiparabassilicaticdata refle
12, 6988, 8663, 580
1,319766534
3, 1032, 297
738
9, 5699,647
20, 43820, 3591,294
17, 6391 , 426
79
sed in thes include r?eks. 3
des revisic with thens were rect further
1,020705293
1,080639422
4,5893,3871,078
""753"
21,69221,596
69819, 188
1,71096
manufaevisionsGinningons not>se for eaivised anchanges
2 1, 26528642373
1,068627416
4,6493, 4391,085
14, 916
-947
20,41320, 323
13118,381
1,81190
Hure of pnot dislrs to Dec.(list ril nitHer pericdniamii;11 report!
1,008700285
1,053614414
4,6623,4731,080
758
19, 54219,460
35417,360
1 , 74682
rc-ib-13.eddsdoUK
1,019701294
1,045607416
4,7143,5041,099
769
18, 62918, 553
37716, 524
1, 65276
9 IncfSt
towelicover
«TUnand sitoweli
21 ,2372 8562 353
1,084620444
4.4533, 3051,046
2 953
17,46717,390
14715,7011,488
71
eludes diocks (owig, and Laddition;:filled ordocks ex(ig, and b
1,019701294
1 045607416
4 7143,5041 099
769
18, 62918, 553
37716, 5241, 652
76
= ,.2372 8562 353
1 084690444
4 4533, 3051 046
2 953
17,46717,396
14715,7611,488
71
824557''49
1 175650501
4, 5003, 3021 105
10
609
16, 86216, 801
18815, 2741,339
02
1,010712279
1 194703473
4,1353,1249°5
396
769
26, 90226, 80311,31814,1771,308
99
-1,21028542 335
1 180673489
3,8832,952855
1,341
2 930
25, 20225, 1099, 99314, 0121,104
93
1,001705''80
] °1970' >500
3 7272, 839891
5, 008
781
23, 01523, 5350, 54515,8731. 117
HO
1,001722265
1 , 257730509
3,3822, 533783
8, 755
759
21,90421,8222, 25518, 2291,338
82
- 1,0902 7782 294
1,319766534
3,1032, 297738
3 9, 204
-' 859
20, 43820, 3591 . 29417,6391,426
79
i
i
1|
4 9, 526 ;
770 ! 749
19,070 !..18,991 11,099 j .16,262 ! 14.9421,630 ! 1,874
79 ! 78
5 9, 557
c^1 Stocks (owned by weaving mills'and billed arid held for others) exclude bedsheeting,toweling, and blanketing, and billed and held stocks of denims. Effective Aug. 1965, stockscover additional maiirnr.de fiber fabrics not previously included.
nfilled orders cover wool apparel (including polyester-wool) finished fabrics; production" " ' figures for such finished fabrics. Orders also exclude bedsheetinp,
? t in j r . ATotal ginnings to end of month indicated, except as noted.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
April 1967 SURVEY OF CURRENT BUSINESS S-39
Unless otherwise stated, statistics through 1964and descriptive notes are shown in the 1965edition of BUSINESS STATISTICS
1965 1966
Annual Feb. Mar. Apr, May June July Aug. Sept. Oct. Nov. Dec.
1967
Jan. Feb. Mar.
TEXTILE PRODUCTS—Continued
COTTON— Continued
Cotton (exclusive of linters)— ContinuedExports^ . thous. bales..Imports doPrices (farm) American upland cents per IbPrices middling 1" avg 15 markets do
Cotton linters:Consumption.- thous. bales..Production doStocks end of period do
COTTON MANUFACTURESSpindle activity (cotton system spindles):
Active spindles, last working day, total. _ _ . m i l _ _
Spindle hours operated, all fibers, total biL-
Consuming 100 percent cotton _ _doCotton yarn, natural stock, on cones or tubes:
Prices, f.o.b. mill:20/2, carded, wcaving§ $perlb._
Cotton cloth:Cotton broadwoven goods over 12" in width:
Orders, unfilled, end of period, as compared withavg. weekly production No. weeks' prod--
Inventories, end of period, as compared withnvg. weekly production --No. weeks' prod--
Ratio of stocks to unfilled orders (at cottonmills) end of period, seasonally adjustedA
Mill margins cents per IbPrices, wholesale:
"Print ninth ?Q inpTi fiS Y 79 rln
MANMADE FIBERS AND MANUFACTURESFiber production, qtrly. total mil. l b _ _
Filament yarn (rayon and acetate) doStaple, incl. tow (rayon) _ . doNoncellulosic, except textile glass:
Yarn and monofilaments* doStaple, incl. tow* do
Exports:Yarns and monofilaments. thous. lb.Stanle, tow, and tops do
Imports:
Staple, tow, and tops doStocks, producers', end of period:
Filament varn (rayon and acetate) mil. Ib.
Noncellulosic fiber, except textile glass:
Staple, incl. tow* __do. ._Textile glass fiber do
Prices, rnanmade fibers, f.o.b. producing plant:Staple: Rayon (viscose), 1.5 denier $ per lb_
Polyester, 1.5 denier* doYarn: Rayon (viscose), 150 denier. _ do_.
Manmade fiber and silk broadwoven fabrics:Production (otrly ). total 9 - mil lin yd
Filament yarn' (100%) fabrics 9 . do ...Chiefly rayon and/or acetate fabrics doChieflv nylon fabrics do...
Spun yarn (100%) fabrics (except blanketing) 9mil. lin. yd
Rayon and/or acetate fabrics and blendsdo
Polyester blends with cotton doCombinations of filament and spun yarn fabrics
mil. lin. yd..Exports, piece goods thous. sq. yd_.
WOOLWool consumption, mill (clean basis) :
Apparel class mil. lb_.
Wool imports, clean yield* doDuty-free (carpet class)* do
Wool prices, raw, clean basis, Boston:Good French combing and staple:
Graded territory, fine $ per IbGraded fleece, 3/s blood do
Australian, 64s, 70s, good topmaking d o _ _ _
WOOL MANUFACTURESKnitting yarn, worsted, 2/20s-50s/56s, American
system, wholesale price 1957-59 = 100-Woolen and worsted woven goods, exc. felts:
Production (qtrly.) mil. lin. yd.Suiting, price (wholesale), flannel, men's and
boys', f.o.b. mill 1957-59=100
' Revised. p Preliminary. 1 Season average.3 Margins th ru July 1966 reflect equalization paym1966, 5.75 cents per pound). 4 Less than 500 balep. S-21. « Reflects decrease in the 1966 national a
§Data beginning Aug. 1965 for knitting yarn, Mafor denim are not strictly comparable with earlier p
3,79599
128.01 29 6
1,4061, 635
734
18.914.7
128.0.493
102.9
.629
.891
9 238
20.3
4.5
.23337.51
34.918.617.5
3, 532. 2825. 0648.0
997.7779.2282.3
6 99, 9236 50, 763
15, 690130, 108
59.855.8
109.396.732.2
.28
.85
.80!
1 3,926.21,640.6
855.8303.9
1,534.6
643.3713. 5
519 45 167, 083
274.7112.3271.6108.9
1.2491.1921.156
107. 8
267. 3
100.2
2 For 5ents to ds. & Foverage loy 1966 forrices.
3,597100
1,3661,419
725
19.515.1
132.1.509
102.4
.949
18.4
4.5
'.25339.39
35.818.718.0
'3,860.0799.8659.2
'1,164.7904.0339 3
98, 72255, 522
16, 571177, 570
67.370.1
149.6129.842.5
.28
.80
.80
173, 701
i
'266.6103.6
j 277. 2114. 6
1.3491,1711.259
108.2
102.
weeks, otomestic ur month sin rate,weaving
2546
26.929.5
116179
'813
18.814.610.5.5258. 2
.652
.934
21.7
4.0
.1938.77
34.918.817.6
9,1144, 204
81010 700
61.156.7
.28
.84,80
13,711
23.39.1
24.07.0
1.2911.2291.225
109.6
102.7
her monsers (Auliown.
yarn, an
2366
27.629.5
2143168833
19.214.7
213.0.518
210.0
.652
.938
2 295
21.8
3.7
'.1838.58
34.918.818.0
938.0201.7167.0
270. 7220.877 8
10,0296,181
1,09416, 247
60.153.9
112 989.925.9
.28
.84
.80
1,105.3419, 2198. 684.1
499 5
162.7280.7
126 016,413
229.3211.3
33.010.8
1.3251.2251. 235
110.2
74.5
102.7
hs, 4 we(g. 1965-J
c See "
d Aug.
1776
28.229.5
123113848
19.214.710.5.5258.0
.657
.939
22. 6
3.8
'.1738.71
35.618.818.0
8,5094,902
1,13221,488
58.853.5
.28
.84
.80
14, 600
23.48.5
26.99.5
1.3501 . 2251.275
110.2
102.7
>ks.ulv0,"1966
2141
28.429.6
12087
804
19.314.710.7.5368.2
.667
.946
22. 6
3.8
'.1738. 72
36.218.818.0
9,2095,506
1,75213, 654
57.653.5
.28
.84
.80
13,958
23.08.5
23.18.3
1.3751.2251.275
109.1
102.7
AR9lr*Nc
A gricare a>1951;
1764
29.329.6
213858
711
19.314.8
212.9.51529.9
.667
.954
2,287
21.7
3.8
.1738.72
36.218.818.0
995.3198.8172. 8
289.6250.084 1
8,2625,104
1,79513, 825
55.054.7
117 3109.723.3
.28
.84
.80
1,091.4405. 8187.183.2
497.8
164.0274. 0
127.814, 222
228.12 9 . 625.711.4
1.3751.1831.275
109.7
74 2
1422
29.729.6
9137
641
19.314.88.6
.4306.6
.667
.959
28.7
5.0
.1738.75
36.218.818.0
"
7,2904,394
1,19814, 308
63.765.9
.28
.84
.80
12, 745
18.95.8
21.412.5
1.3951. 1751.275
109.7
34139
a 21. 2«22.0
10442
584
19.515.110.6.5308.2
.962
20.2
3.8
.1840.40
36.218.818.1
7, 0564,025
1,84317, 303
66.570.9
.28
.84
.80
12, 821
22.18.3
26.416.1
1.3951. 1651.275
109.1
3487
21.221.9
212363
527
19.615.1
212.9.514
210.1
.962
2,086
19.8
3.8
'.1840.60
36.218.818.1
980.4201.7168.5
302. 6222.485.2
7,4845, 165
1,41612, 411
66.874.5
136 5136.329.3
.28
.78
.81
972.2356.7161.277.5
445 1
150. 0239.5
113.614, 061
222.629 .518.79.3
1.3901.1201.275
108.0
fi1 7
30611
22.421.8
105153567
19.515.110.5.5278.3
.960
18.6
3.9
' .2140.67
36.218.818.3
7,8895,779
92313, 349
65.670.7
.28
.72
.81
15, 227
17.78.6
14.75.0
1.3601.0981.275
106.5
102.7 102.7 102.7 102. 102.7
evised data (1963-66) appear in U.S. Depticludes data not shown separately,w series. Sources: Polyester staple price, ]
ulture from Bureau of the Census records (Bailable as follows: Price, back to 1955; noistocks, to 1953; wool imports to 1948.
5183
21.921.8
93168636
19.515.110.2.5087.9
.953
17.6
4.1
' .2340.41
36.218.318.3
7,5334,162
1,60011,910
64.464.4
.28
.72
.81
15,062
16.17.7
15.97.0
1.3251.0971.275
103.4
102.7
Agricult
J.S. Depsuch imiicellulosi
607(4)22.021.9
293158725
19.515.1
211.3.45328.8
.953
18.4
4.5
'.2539.54
36.218.318.3
942.8197.6150.9
298.3210.885.2
8,6097,608
1,58714, 246
67.370.1
149.6129.842.5
.28
.72
.81
17,971
' 2 18.92 7 . 819.38.6
1.3251.0751.225
102.8
103.2
ure Mar
t. Labor)orts excc yarn a
4587
19.822.0
91152
'778
19.815.310.1.5037.8
P .951
16.1
4.3
.2639.12
p 36.2p 18.3p 18.3
566.45 57.5
8,0696,514
2,2379,563
70.274.6
p .28p .72p .81
18.57.1
16.57.0
1.2881.0501.188
100.7
102.7
1967 Cc
wool irrude anirnd stapl
4585
20.722.0
89123808
19.815.310.0.4997.8
14.9
4.2
.2938.88
557.0549.8
8,1017,034
3,35713, 600
68.580.2
|"~-
13.14.2
1.225.975
1.175
20.522.1
38.61
1.213.945
1.175
TTON SITUATION.
iports, U.S. Dept.nal hairs). Datae— production to
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
S-40 SURVEY OF CURRENT BUSINESS April 1967
Unless otherwise stated, statistics through 1964and descriptive notes are shown in the 1965edition of BUSINESS STATISTICS
1965 1966
Annual Feb.
1966
Mar. 1 Apr. May June July Aug. Sept. Oct. Nov. Dec.
1967
Jan. Feb. Mar.
TEXTILE PRODUCTS—Continued
APPAREL
Hosiery, shipments - - thous. doz. pairsMen's apparel, cuttings:!
Tailored garments:Suits _ _ _ _ _ thous. unitsOvercoats and topcoats - do
Coats (separate), dress and sport doTrousers (separate) , dress and sport do
Shirts (woven fabrics), dress and sportthous. doz
Work clothing:Dungarees and waistband overalls doShirts do
Women's, misses', juniors' outerwear, cuttings: ICoats thous. unitsDresses doSuits do
Blouses, waists, and shirts thous. dozSkirts -do
194. 753
22, 4194,436
12, 492139, 009
30, 321
4, 8673,949
25,620274, 541
11 736
16,9199, 906
210, 394
20, 7153, 799
13, 148145, 673
27, 827
5,9094, 096
r 24, 595* 271, 647
r 10, 510
r 14. 978' 10. 225
r 16, 049
1,787245
1 12311, 116
2, 406
436351
2.35323. 629
1,057
1,532759
18, 299
2,123301
1 29013, 569
2,749
485406
1,90231, 1001, 102
1, 557781
16, 003
1.848351
1 21412. 763
2,446
471369
1,53926, 834
709
1 365872
15, 491
1,812357
1, 15213, 106
2,371
464352
1,55024. 138
722
1 180956
18, 230
1,858384
1 13913 446
2,341
487356
2,25722,800
899
1,326977
15, 794
1,073252
6929 741
1,604
380272
2, 14417, 677
852
1 2891, 075
20 527
1,762373
1 09913 521
2, 178
584348
2 45121,897
881
1 163929
19, 095
1,688414
1 06413, 122
2,373
520354
2,10921,523
791
1,238824
19, 938
1,826330
1 07911 846
2, 392
533332
2 40123,144
918
1,196992
20, 096
1,736283
1 05511 649
2,446
520331
2 16820,784
932
1,055764
15, 873
1,436"•238
1 080r!0 491
r 2, 207
'591r288
r 1, 680r 18, 311
r 762
r 777'523
18, 323
1,472210
1,09111, 105
2,378
517355
2,03721, 263
972
999760
19, 296
TRANSPORTATION EQUIPMENT
AEROSPACE VEHICLES
Orders, new (net), qtrly. total mil. $U S. Government -do
Prime contract-- _ -doSales (net), receipts, or billings, Qtrly. total do
U S Government -do
Backlo0" of orders, end of period 9 doU.S. Government ___ _ . do
Aircraft (complete) and parts doEngines (aircraft) and parts doMissiles, space vehicle systems, engines, propul-
sion units, and parts mil $Other related operations (conversions, modifica-
tions), products, services.. mil. $
\ircraft (civilian) * Shipments© doAirframe weight® thous. l b _ _Exports mil. $
MOTOR VEHICLES
Factory sales, total thousDomestic do
Passenger cars, total doDomestic _do
Trucks and buses, total doDomestic do
Exports:Passenger cars (new) assembled doPassenger cars (used) doTrucks and buses (new) assembled doTrucks and buses (used) doTrack and bus bodies for assembly* do
Imports:Passenger cars (new), complete units doPassenger cars (used) doTrucks and buses complete units do
Shipments, truck trailers:Complete trailers and chassis number
Vans doTrailer bodies, chassis, sold separately do
Registrations:©New passenger cars thous-_
Foreign cars doNew commercial cars (trucks) do
RAILROAD EQUIPMENT
Freight cars (ARCI):Shipments __ .._ _ ...number..
Equipment manufacturers, total doRailroad shops, domestic do
New orders doEquipment manufacturers total doRailroad shop*? domestic do
Unfilled orders, end of period doEquipment manufacturers, total doRailroad shops domestic do
Passenger cars: Shipments ._. ..do _Unfilled orders, end of per do
Freight cars (revenue), class 1 railroads (AAR):§Number owned end of period thous
Held for repairs, % of total ownedCapacity (carrying), aggregate, end of period*
mil. tons.-Average per car . _ _ . tons
22, 18314, 57120, 10117,01612, 535
20, 38513, 6968,8852 503
5, 480
1,856
1 592 032, 200473.0
11,057.410, 716. 69, 305. 69, 100. 71.751.81,615.9
3105. 03i 10. 42
1 3 59. 6715.77i 7.29
559. 438.007.60
103, 75665, 90914, 653
9. 313. 9569. 4
1. 528. 9
r 77, 896r 53, 392
24, 504
r 88, 288r 65, 617
22 671
45. 26632. 873I9 393
20114
4 1, 4815.3
* 88. 204 59. 58
2 087 043, 982. 7
553.7
10, 329. 59, 943. 58, 598. 38, 336. 91, 731. 21, 606. 6
177. 5812.7278.646.79
10. 70
858. 155.75
42.96
113, 54575, 52718, 402
s 9,008. 55 658. 1
51,610.4
5 90, 190s 67, 785
22, 405
r 101, 846' 75, 206
26, 640
56, 61840, 42616, 192
1583
1,497| 4.8
91.5861. 19
169.13,40047.0
917.6889. 9766.3748.8151.3141.1
9.951.176.65.48.84
57.14.46
2.13
8,4895,5931,621
721. 648.8
129.0
6,2624, 5501,712
12,56111,0641,497
51,76039, 87811,882
020
1,4805.4
88.5059.78
6,4403,9005,2334,6673,315
22,15614, 35810, 1242,846
5,142
2,201
186.83,79768.8
1,089.81, 061. 5
919.8902.0170.1159. 5
13.291.387.11.65
1.44
77.26.58
2.68
11,5467,5722,263
878.859.7
143.4
8,0546, 0092,045
11,2449,2292,015
54, 72142, 90511,816
020
1,4805.0
88.7059. 90
198.34,26561.8
963.2935. 5811.0793.9152. 3141.6
10.371.076.08
.65
.87
49.41.47
1.47
10,9687,018
975
822.655.6
148.6
7,2625,6891, 573
'11,912' 7, 757
4,155
59, 65245, 21914, 433
020
4 1,4844.9
4 89. 004 59. 97
224.84,809
41.3
948.8921.1787. 8771.2161.0149.9
9.921.216.36
.56
.95
74.06.57
2.22
10, 1366,6731,895
777.250.6
144.0
7,5005,4732, 027
9,5108,813
697
61, 59648, 47813,118
070
1,4865.0
89. 3060.08
5 7883,0115,1715 0063,560
22, 93813 80910, 9393,022
4,538
2,360
169.83,74754.4
985.9959.2818.6802.5167.3156.7
7.491.127.27.70
1.07
80.77.38
4.06
10, 6906,9281,719
752.552.6
137.4
7,5085,3072, 201
5,7344,6581,076
60, 37848, 34112, 037
070
1,4874.9
89.5760.23
148.63,10631.3
625.3605.6488.4480.0136.9125.6
5.70.97
7.83.57.84
69.34.46
4.07
7,7635,2061,591
832. 759. 0
151. 0
6,7994,8201,979
' 6, 017r 4, 279
1,738
59, 87448, 08211, 792
664
1.4874.9
89.7160.34
161. 73,37244.6
211.9196.3143.8136. 468.159.9
4.611.156.41.51.52
47. 53.20
4.05
8,8356,2321, 793
743.658.1
141.6
8, 3856, 2512, 134
* 8, 391r 5, 154
3,237
59, 75046, 86112, 889
659
1,4895.0
90. 0360.48
9,0935,6938,3895,0763,715
26, 95515, 78713 9113,557
4 779
2,417
149.43,44829.2
747. 2709.9621.8592.4125. 5117.5
19.18.83
5.24.59.74
77.38.51
2.02
9,7906,6001,406
573.864.4
121.9
7,4365,9821,454
' 7, 673r 5, 905
1,768
59, 50846, 40713, 101
356
1,4895.0
90. 2060. 59
148.43,04066.6
985.3936.9835.3797.7150.0139.3
27.64.90
6.35.49
1.00
73.38.58
3.26
9,6036,468
975
766.764.7
128.0
7,7876,5031,284
5,9665,218
748
57, 88345, 32812, 555
056
1,4915.0
90.5060.71
159.33,38423.5
980.7928.5832.6791.2148.1137.2
28.31.81
5.98.55
1.01
78.69.30
3.91
8,7945,9611,454
732.151.7
120.1
7,3685,7571,611
' 6, 226- 4, 483
1,743
56, 43743, 78112, 656
083
1,4914.7
90.7160. 82
«• 198. 24,01953.7
923.6878.1775.1740.5148.5137.6
30.31.91
7.23.42.70
108. 55.22
10.43
8,3765, 6021,222
808.256.3
136.8
8,0436,0861,957
8,3782,8665, 512
56, 61840, 42616, 192
083
1,4974.8
91. 5861.19
134.93,085
42.9
797.3758.1651.2625.0146.1133.1
21.96.89
7.08.46.88
102. 30.21
6.70
8,2085,5351,739
616.146.4
113.2
7,2175,9291,288
2,0551,743
312
51, 45038, 94312, 507
083
1,4965.0
91.7261.31
53.3
660.2628.0525.6501.9134.6126.2
14.19.84
6.57.51
1.09
79.52.33
5.49
538.945.2
108.9
8,1016,0482,053
3,4202,970
450
46, 19735, 29310, 904
083
1,4985.1
91.9961.42
2 836. 8
2683.22 153. 6
r Revised. l See note "O" for p. S-21. 2 Preliminary estimate of production.3 Beginning Jan. 1965, data exclude exports of incomplete (unassembled) vehicles.4 See note " §." 5 Annual total includes revisions not distributed by months.JMonthly revisions for 1963-64 are available upon request.9 Total includes backlog for nonrelated products and services and basic research.©Data include military-type planes shipped to foreign governments.
*New series. Monthly data prior to 1965 are available upon request.OCourtesy of R. L. Polk & Co.; republication prohibited.§Excludes railroad-owned private refrigerator cars and private line cars. Effective Apr.
1966, data include cars owned by three class II roads (over 2,600 cars end of Apr. 1966). Also,change in definition of class I railroads, as stated in 1965 BUSINESS STATISTICS note, is reflectedin figures beginning Dec 1965, instead of Jan. 1965.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
INDEX TO CURRENT BUSINESS STATISTICS, Pages S1-S40
SECTIONS
General:Business indicatorsCommodity pricesConstruction and real estateDomestic trade
Employment and populationFinanceForeign trade of the United States.. .Transportation and communications.
Industry:Chemicals and allied productsElectric power and gasFood and kindred products; tobacco.Leather and products
Lumber and productsMetals and manufacturesPetroleum, coal, and products.. . .Pulp, paper, and paper products..
Rubber and rubber productsStone, clay, and glass products. . .Textile productsTransportation equipment
1-77,89,1010-12
12-1616-2121-2323,24
2526
26-3030,31
3132-3435,3636,37
3738
38-4040
INDIVIDUAL SERIESAdvertisingAerospace vehiclesAgricultural loansAir carrier operationsAircraft and partsAlcohol, denatured and ethyl.. .Alcoholic beveragesAluminumApparelAsphalt and tar productsAutomobiles, etc. . . .
10,11,16401623
3,6,13-15,4025
8,10,2623,33
1,3,4,7,8,10-15,4035,36
1,3-S, 10,11,13-15,19,22,40
Balance of international payments 2Banking 16,17Barley 27Barrels and drums 33Battery shipments 34Beef and veal 28Beverages 4,8,10,26Blast furnaces, steel works etc 5,6,13-15Bonds, outstanding, issued, prices, sales, yields.. . . 18-20Brass and bronze 33Brick 38Broker's balances 20Building and construction materials . 5,6,8,10, 31, 36,38Building costs 9,10Building permits 9Business incorporations (new), failures 7Business sales and inventories 4,5Butter 27
Cans (tinplate)CarloadingsCattle and calvesCement and concrete products.Cereal and bakery products
332428
8-10, 388
Chain-store sales, firms with 11 or more stores.. . 12Cheese 27Chemicals 4-6,8,13-15,19,22, 25Cigarettes and cigars 8, 30Civilian employees, Federal 14Clay products 8, 38Coal 4,8,13-15,22,24,35Cocoa 23,29Coffee 23,29Coke . 24, 35Communications 2,13-15,20,24Confectionery, sales 29Construction:
Contracts 9Costs 9,10Employment hours, earnings, wages 13-16Fixed investment, structures 1Highways and roads 9,10Housing starts 9New construction put in place 9
Consumer credit 17,18Consumer expenditures 1Consumer goods output, index 3, 4Consumer price index 7Copper 23, 33Corn 27Cost of living (see Consumer price index) 7Cotton, raw and manufactures 7,8,22,38,39Cottonseed cake and meal and oil 30Credit, short- and intermediate-term 17,18Crops 3,7,27,28, 30, 38Crude oil and natural gas 4,13-15,35Currency in circulation 19
Dairy products 3,7,27Debits, bank 16Debt, U.S. Government 18Department stores 11,12,17Deposits, bank 16,17,19Disputes, industrial 16Distilled spirits 26Dividend payments, rates, and yields 2, 3,18-21Drug stores, sales 11,12
Earnings, weekly and hourly 14-16Eating and drinking places 11,12Eggs and poultry 3, 7,29Electric power 4,8,26Electrical machinery and equipment 3,
5,6,8,13-15,19,22,34Employment estimates 12-14Employment Service activities 16Expenditures, U.S. Government 18Explosives 25Exports (see also individual commodities).... 1,2,21-23Express operations 23
Failures, industrial and commercial 7Fans and blowers 34Farm income, marketings, and prices 2, 3,7Farm wages 16Fats and oils 8,22,29,30Federal Government finance 18Federal Reserve banks, condition of 16Federal Reserve member banks 17Fertilizers 8,25Fire losses 10Fish oils and fish 29Flooring, hardwood 31Flour, wheat 28Food products 1,4-8,10,11,13-15,19,22,23,27-30Foreclosures, real estate 10Foreign trade (see also individual commod.) 21-23Foundry equipment 34Freight carloadings 24Freight cars (equipment) 4,40Fruits and vegetables 7,8,22Fuel oil 35,36Fuels 4,7, 8, 22,35, 36Furnaces 34Furniture 3,4,8,11-15,17Furs. 23
Gas, output, prices, sales, revenues 4,8,26Gasoline 1,35,36Glass and products 38Glycerin 25Gold 19Grains and products 7,8,22,24,27,28Grocery stores 11,12Gross national product 1Gross private domestic investment 1Gypsum and products 8,38
Hardware stores 11Heating equipment 8,34Hides and skins 8,30Highways and roads 9,10Hogs 28Home Loan banks, outstanding advances 10Home mortgages 10Hosiery 40Hotels 14,15,24Hours of work per week 14Housefurnishings 1,4,7,8,10-12Household appliances and radios 4,8,11, 34Housing starts and permits 9
Imports (see also individual commodities) 1,22,23Income, personal 2, 3Income and employment tax receipts 18Industrial production indexes:
By industry 3,4By market grouping 3, 4
Installment credit 12,17,18Installment sales, department stores 12Instruments and related products 3, 5,13—15Insurance, life 18,19Interest and money rates 17Inventories, manufacturers' and trade 4-6,11,12Inventory-sales ratios 5Iron and steel 3, 5,6,8,10,13-15,19,22, 23,32, 33
Labor advertising index, disputes, turnover.Labor forceLamb and muttonLardLead.
1612282833
Leather and products 3,8,13-15, 30, 31Life insurance 18,19Linseed oil 30Livestock 3,7,8,24,28Loans, real estate, agricultural, bank, brokers'
(see also Consumer credit) 10,16,17, 20Lubricants 35,36Lumber and products 3,8,10-15,19,31
Machine toools 34Machinery 3, 5,6,8,13-15,19,22, 34Mail order houses, sales 11Manmade fibers and manufactures 8, 39Manufacturers' sales (or shipments), inventories,
orders.. 4-6Manufacturing employment, production workers,
payrolls, hours, earnings 13-15Manufacturing production indexes 3, 4Margarine 29Meat animals and meats 3, 7,8,22,28Medical and personal care 7Metals 3-6,8,13-15,19, 22,23,32-34Milk 27Mining and minerals 2-4,8,13-15,19,20Monetary statistics 19Money supply 19Mortgage applications, loans, rates 10,16,17Motor carriers 23,24Motor vehicles 1,3-8,10,11,13-15,19,22, 40Motors and generators 34
National defense expenditures 1,18National income and product 1,2National parks, visits 24Newsprint 23,37New York Stock Exchange, selected data 20,21Nonferrous metals 3,8,19,23,33,34Noninetallment credit 17,18
Oats 27Oil burners 34Oils and fats 8,22,29,30Orders, new and unfilled, manufactures' 6Ordnance 13-15
Paint and paint materials 8,25Panama Canal traffic 24Paper and products and pulp 3,
5,6,8,13-15,19,23,36,37Parity ratio 7Passports issued 24Payrolls, indexes 14Personal consumption expenditures 1Personal income 2,3Personal outlays 2Petroleum and products 4-6,
8,11,13-15,19,22,23,35,36Pig iron 32Plant and equipment expenditures 2,20Plastics and resin materials 25Population 12Pork 28Postal savings 17Poultry and eggs 3,7,29Prices (see also individual commodities) 7,8Printing and publishing 4,13-15Profits, corporate . . '. . . 2,19Public utilities 2-4, 7-9,1S-15,19-21Pullman Company 24Pulp and pulpwood 36Purchasing power of the dollar 8
Radiators and convectors 34Radio and television 4,8,10,11,34Railroads 2,13,14,16, 20, 21, 24, 40Railways (local) and bus lines 13-15,23Rayon and acetate 39Real estate 10,17,18Receipts, U.S. Government 18Recreation 7Refrigerators and home freezers 34Rent (housing) 7Retail trade 4,5,7,11-15,17,18Rice 27Roofing and siding, asphalt 36Rubber and products (incl. plastics) 4-6,
8,13-15,23,37
Saving, personal 2Savings deposits 17Securities issued 19,20Security markets . 20,21Services 1,7,13-15Sheep and lambs 28Shoes and other footwear 8,11,12, 31Silver 19Soybean cake and meal and oil 30Spindle activity, cotton 39Steel ingots and steel manufactures 32,33Steel scrap 32Stock prices, earnings, sales, etc 20,21Stone, clay, glass products 3-5,8,13-15,19,38Stoves and ranges 34Sugar 23,29Sulfur. 25Sulfuric acid 25Superphosphate 25
Tea imports 29Telephone, telegraph, cable, and radiotelegraph
carriers 13-15,24Television and radio 4,8,10,11,34Textiles and products 3, 5,6,8,13-15,19,22,38-40Tin 23,33Tires and inner tubes 8,11,12, 37Tobacco and manufactures 4-8,10,13-15,22,30Tractors 22, 34Trade (retail and whoelsale) 4, 5,11,12Transit lines, local 14,15,23Transportation 1, 2,7,13-15,23, 24Transportation equipment 3-6,13-15,19, 40Travel 23,24Truck trailers 40Trucks (industrial and other) 34, 40
Unemployment and insurance. . . .U.S. Government bondsU.S. Government financeUtilities
12,1616-18,20
182-4,9,13-15,19-21,26
Vacuum cleaners 34Variety stores 11,12Vegetable oils 30Vegetables and fruits 7,8,22Vessels cleared in foreign trade 24Veterans' benefits . 16,18
Wages and salaries 2,3,14-16Washers and driers 34Water heaters 34Waterway traffic 24Wheat and wheat flour 28Wholesale price indexes 8Wholesale trade 4, 5, 7,13-15Wood pulp 36Wool and wool manufactures 7,8,23, 39
Zinc. 33,34Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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GROWTH PATTERNSIN EMPLOYMENTBY COUNTY,1940-1950 and 1950-1960These eight volumes deal with employment and changes in employment for the coun-ties and States of the eight major regions of the United States. The change in em-ployment for each county is shown with the amount by which it exceeds or falls shortof the national average separated into industrial mix and regional share components.The influence of each of 32 industries on these employment changes is statisticallydetailed.
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