APRIL 1963

survey of

CURRENT BUSINESS

U.S. DEPARTMENT OF COMMERCE

OFFICE OF BUSINESS ECONOMICS

SURVEY OF CURRENT BUSINESS

APRIL 1963 VOL 43, NO.4

Contents

THE BUSINESS SITUATION PAGE

Summary.................................................. 1

Retail Sales Buoyant. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2

Recent Changes in Personal Income-Private Payrolls Move Upward................................................... 3

Corporate Profits and National Output...................... 5

ARTICLES

Regional Income Developments in 1962...................... 6

Size Distribution of Income in 1962. . . . . . . . . . . . . . . . . . . . . . . . . 14

CURRENT BUSINESS STATISTICS General. • . • • • . . . . • • • • • • • • • • • • • • • . • • • • • • • • • • • • • • • • • • • • • • • • • • • • • . • • • • • SI-S24

Industry. . . . • . • . • . • • • • • . • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • • . • • • . • • • • . • • S24-S40

Subject Index.............................................. Inside Back Cover

U.S. Department of Commer4 Luther H. Hodges

Secretary

Richard H. Holton Assistant Secretary for

Economic Affairs

* * * Louis J. Paradiso Managing Director

Murray F. Foss Editor

K. Celeste Stokes Statistics Editor

Billy Jo H1 Graphi<

STAFF CONTRIBUTORS TO THIS ISSUE

Bnsiness Ret•iew:

Francis L. Hirt Lawrence Bridge

Eleanor S. Kear Robert E. Graham, Jr.

Articles:

Edwin J, Coleman Edward A. Trott, Jr. James l\1. Lazard Elizabeth H. Queen Edith Burton John E. Flannery

Jeannette M. Fitzwilliams May V. Hargreaves Ann H. Cravens

* * * Subscripition prices, including weekly

tistical supplements, are 34, a year for mestic and $7.50 for foreign mailing. Si issue 30 cents.

Make checks payable to the Supt teudent of Documents and send to Government Printing Office, Washington D.C., or to any U.S. Department ofComm Field Office.

U.S. DEPARTMENT OF COMMERCE FIELD OFFICES Albuquerque, N. Mex., U.S. Courthouse. Phone 217-

0311. Anchorage, Alaska, U.S. Post Office and Courthouse.

BR. 2-9611. Atlanta, Ga., 75 Forsyth St. NW. JAckson 2-4121. Birmingham, Ala., 2028 Third Ave. N. Phone 323-SOll. Boston, 10, Mass., Room 230, 80 Federal St. CApitol

:l-2312. Bull'alo, 3, N.Y.,117 Ellicott St. TL 3-4216. Charleston, 4, S.C., West End Broad St. Phone 772-

6551. Cheyenne, Wyo., 16th St. and Capitol Ave. Phone

o:H-2731. Chicago 6, 111., 226 W. Jackson Blvd. Phone 828-4400. Cincinnati 2, Ohio, 36 E. Fourth St. Phone 381-2200. Cleveland I, Ohio, E. 6th St. and Superior Ave. Phone

241-7900. Dallas I, Tex., Merchandi~e Mart. Riverside 8-5611.

DenYer 2, Colo., 142 New ('ustomhouse. Phone .>34-41.11.

Detroit 26, Mich., 438 Federal Bldg. Phone 226-6088. Greensboro, N.C., 407 U.S. Post Office Bid~. Phone

273-8234. Hartford, Conn., 18 Asylum St. Phone 522-1144. Honolulu 13, Hawaii, 202 International Savings Bldg.

Phone 58831. Houston 2, Tex., 515 Rusk Ave. CApitol 8-0611. Jacksonville 2, Fla., 512 Greenleaf Bldg. ELgin 4-7111. Kansas City 6, Mo., 911 Walnut St. BAltimore 1-7000. Los Angeles 15, Calif., 1031 S. Broadway. Richmond

9-4711. Memphis 3, Tenn., 212 Falls Bldg. JAckson 6-342H. Miami 32, Fla., 14 NE. First A venue. FRanklin 7-2581. Milwaukee, Wis., 238 W. Wisconsin Ave. BR 2-8600. Minneapolis I, Minn., Federal Bldg. Phone 339-0112. New Orleans 12, La., 333 St. Charles Ave. Phone 529-

2411.

New York I, N.Y., Empire State Bhlg. LOngac-re 3-3377.

Philadelphia 7, Pa., 1015 Chestnut St. WAlnut 3-2400. Phoenix 25, Ariz., 230 N. First Ave. Phone 261-3285. Pittsburgh 22, Pa., 355 Fifth Ave. Phone 471--()800. Portland 4, Oreg., 217 Old U.S. Courthouse Bldg.

Phone 226-3361. Reno, Nev., 1479 Wells Ave. FAirview 2-713:!. Richmond 19, Va., 2105 Federal Bldg. Phone li19-36!l. St. Louis 3, Mo., 2511 Federal Bldg. l\IAin 1-8100. Salt Lake City I, Utah, 222 SW. Temple St. DAvis

8-2911. San Francisco ll, Calif., Room 419 Customhouse.

YUkon 6-3111. Santurce, Puerto Rico, 605 Condado Ave. Phone 723-

4640. Savannah, Ga., 235 U.S. Courthouse and P.O. Bldg.

ADams 2-4755. Seattle 4, Wash., 809 Fe<leral Office Bldg. MUtual

2-3300.

By the Office of Business Economics

Situation *---------------------------------------------------------B FSINESS activity showed further inq>roYcment in .March with more segn1ents participating in the recO\'ery. \Yhere advances in total income and output had been at best small and solllC'\dmt limited in scope in the early win tPr, by .1\Jarch increases 1n:•re both larger and more widespread. \Viti! tl,c flo\\ of income continuing favorabl)c, r0tuil sales increased loa new high and Easter business will exceed by a good­sized amount that of last year. Per­sonal income in March rose by $1)~

billion as a result of fairly general advances in nonfarm employment. An inerease in the output of most industries resulted in an appreciable ris!' in the Federal Reserve index of industrial production for the first time in 7 months.

Rise in first quarter GNP

Preliminary estimates of the gross national product for the first quarter indicate a subs tan ti!1l rise from the fourth quarter rate. A large part of the increase over the closing months of 1962 was attributable to the advance in personal consumption expenditures, which included both higher spending for goods and a $2 billion rise in service outlays. A significant increase took place in inventory investment.

Government purchases of goods and services continued the upward trend that has occurred since the beginning of 1961. Fixed investment, still essentially lacking in vigor, declined but was showing improvement toward the end of the quarter. A good part of the fixed investment decline centered in residential construction outlays, which were clown significantly (roughly $17~ billion u t an annual rate) for the first :3 months of the year, though it appears

that unusually bad weather was in part an influence in dampening home­building activity. The maintenance of high rates of housing permits suggests some pickup in residential activity m the months nhend.

Plant and equipment prospects

There were a few indications that pointed to a reversal of the sluggish be­havior that has characterized plant and Pquipment outlays in rPcent quartprs, confirming the upturn proj('etcd in last month's plant and Pquiplllent survey. New orders received by lmumfaeturers in January and February were up over the fourth quarter and were unusually strong in the machinery industries. The seasonally adjusted physical volume of contract awards for industrial and com­mercial buildings has been rising stead-

ily since last September and in the first 2 months o[ this year nv<>raged higher than at nny other time since t1w current recovery started more than 2 years ago.

Steel output up sharply

On the basis o[ 2 months of actual data and an Pstimate for .:\·larch, it ap­pears that in,·entory investment \Yas higher in tllC' first quarte>r of 1 D6:3 thn.n in the c·losing: quartPr of 1 Dti2. Book valuc·s increased at least as mueh in thP flrst 2 !llOJlths of the quarter as thPy did in the en tire preYious quarter, and with output moving ahead, early indications point to a further significant rise.

Steel demand is apparently being in­fluenced once again by derisions by steel users to accumulate steel stocks for a possible strike in steel-producing plants in midsummer. 1 ngot production has been expanding sharply for the past 9

For the first time in many years, the name of l\1. Joseph ~<Teehan does not appear on the masthead of the SuRVEY OF CunnExT Bvsi2\'ESS. He had been its editor as far back as 1932, the year in whieh computa­

tion of the national income was authorized by the Congress, and had been Director of the Office of Business Economies since 1949.

In the words of Secretary of Commerce Luther H. Hodges: "The Nation and the U.S. Department of Commerce have lost a

distinguished civil servant in the death of M. Joseph l\Ieehan, Direc­tor of the Office of Business Economics. His career in the Department spanned a 38-year period, during which the concepts he helped develop -such as the gross national product-have become world recognized

measures of economic activity. The high esteem in 1\·hich the Office of Business Economies is held throughout professional and business

economic circles is a mark of the dedicated service of this rna.n."

"Mike" Meehan died suddenly at his home on Sunday, March 24, just a week prior to the Office's moving from the Commerce Building

to new quarters.

1

2

CONSUMER BUYING, INCOME, AND CREDIT Pace· of Retail Buying Quickens After Midwinter With Rising Income and Increased Reliance on Credit

Billion $ (ratio scale)

500 SALES AND INCOME (Annual Rate)

450

400

300 r 250

200

6.0

5.5

5.0

4.5

4.0

3.5

Reta.l Sales

With Rising Demand, Particularly for Autos, Credit Extensions Have Exceeded Repayments Since Mid-1961

CONSUMER CREDIT

1961 1962 1963

Seasonally Adjusted Doto: FRS & OBE

tJ.S. Oeparlmenl of Commerce, Office of Business Ecenomics 63-4- l

weeks and is now back to the excep­tiorutlly high level of enrly 1962, when steel users were stockpiling heavily ns a strike hedge. Output in March, over 10 million tons of ingots and castings, was 8 percent above February, after sea­sonal adjustment; this followed a rise of 6 percent from Janutuy to February and smaller month-to-month gains after July 1962. For the first week in April, production advanced further to 2.4 mil­lion tons--- an annual mte of about 125 million tons (unadjusted) and some 6 JWrcent above the :\larch weekly aver-nge.

As shown in the chttrt, the rapid buildup in finished steel inventories held by manufadurers in early 1962 was followed by a long period of liquidation which eontinued through December of that yet\1'. In ,Tnmmry and Fehrunry of

SUHVEY OF CURRENT BFSINESS

this year, however, receipts and con­sumption were in approximate balance, so that inventories have remained close to the low point of December 1962 and are much less than the carryover of December 1961, the start of the 1962 buying wave.

March production data by metal fabricating industries point to a pickup in steel consumption, but even aside from this, lack of seasonal factors makes difficult a careful assessment of the steel inventory buildup that seems to be sug­gested by the unadjusted March pro­duction data. In any case, it should be borne in mind that durable goods manu­facturers as a group were planning a good-sized advance in seasonally ad­justed inventories in the second quar­ter--about $% billion-according to last month's anticipation surveys conducted by the OBE.

Retail Sales Buoyant

Consumer spending has been mak­ing an important contribution to the growth in overall economic activity in recent months. A brisk pace of buy­ing in February and again in March has pushed retail sales forward to new highs nJter several months of little change. Advance estimates for March place retail sales at $20.7 billion, 1 per­cent above February, seasonally ad­justed, and 7 percent above March a year ago. Since March of 1961, which Wtts virtually the trough of the reces­sion, the gain has amounted to almost 15 percent, most of which represents an increase in the physical volume of goods.

Retail sales in the opening quarter of this year were 2 percent above those in the final quarter of 1962, and vir­tually every major line of trade con­tributed to the advance. Automotive dealers' sales were little changed from the exceptionally high fourth quarter rate, but nondur11ble goods stores showed a better performance.

The increased eonsumer buying at retail stores has been financed primarily by a larger income flow 1tnd also by the willingness of consumers to ineur additional debt-mainly, though not exclusively, for automobile purchases. Personal incoml' increased more than 10 percl'n t from parly 1961 through

April Hl();~

STEEL OPERATIONS IMPROVE Steel Output Has Been Advancing Sharply and Is Approaching the 1962 Highs

Million Tons

J SO STEEL INGOT OUTPL'T

By the End of 1962 Consumption and Receipts Were About Back in Balance

Million Tons 15

CONSUMERS, MANUFACTURERS ONLY {Finished Steel)

10

OL.....J--L+....L......L...l-1--L--L...L-...L-.J..._LJ-+....L..L....J

February Stock#Consumption Ratio Still Below Level Prevailing

Just Before 1962 Buildup

ONOJF'MAMJJASONOJFM

1961 1962 1963 Monthly, Unadjusted

U,$, Dep~rt'"tttl o! Commt~ee, Off•« ol 8u$•neS$ Econom•e; (>) . .f. 3

March 1963. The income rise through­out this period has been persistent, though somewhat uneven, as pointed out further on in this issue.

Autos lead widespread sales rise

This upward movement in retail sales has been led by vigorous sales of new automobiles since the fall of 1961, but other lines of trade have also partici­pated in the favorable trend. From :\larch 1961 through March 1963 sales by automotive dealers of new and used C1trs and trucks, parts, and services have increased in total about 25 per­cent, 'vhile 1tll other durables were up about one-sixth. In the most recent months the automotive group hns held nt record rates in terms of dolhtr re­ceipts. Sales of new domestically pro­duced automobiles in the first quarter were roughly 7% million units at a sea­sonally adjusted annual rate, about the SlliiH' as in the fourth quarter of 1962 and not far short of the paee-setting

\pril 1963

~etu of 1955. The seasonally adjusted igures should be used with caution in iew of the difficulties with seasonals .1 this industry.

Furniture and appliance sales have Llso shown some vigor. The advance •stimate for March for this group was 1p sizably from February. In the 2 rears, March 1961 to March 1963, fur­Iiture and appliance sales have in­•reased about 20 percent; housefurnish­ngs prices, it may be noted, have fallen )Vf'r 1 percent in this same period.

Sales by lumber, building materials, md hardware stores, which had hit a ~yelical low in February 1961 simulta­wously with residential construction

!iALES OF RETAIL STORES

General Merchandise Stores and Automotive Dealers Have Paced a Widespread Rise in Sales

NONDURABLE GOODS STORE$

Billion $ (ratio scale)

100

80

70

60

50

40

Excluding Food and General Merchandise

,...,-;'~ .... _..., __ ,_,__ (

Foo<i

General Merchandise

30~

20

50

40

30

25

DURABLE GOODS STORES

Automotive

1961 1962 1963 Seasonally Adjusted, at Annual Rates

Census & OBE U.S. Department of Commerce, Office of Business tconomics 63·4·2

SlTHYEY OF CURRENT BFSINESS

activity, have since moved up about 10 percent. Sales have shown consid­erable fluctuation during this period, but have not fully matched the recovery in housing outlays.

The rise in nondurable goods store sales in the past year or two has been somewhat more moderate than dur­ables, although the relative price in­creases have been similar. Food stores, which with current sales of about $5 billion a month, account for well over one-third of all nondurable goods sales, have recorded a slow, persistent rise somewhat faster than the increase in population, after allowance for the 2 percent price rise since early 1961. Food store sales have shown a quick­ening pace during the first quarter of 1963, largely due to higher prices.

General merchandise stores (depart­ment stores, mail order, and variety stores) have been the leaders in the non­durable category. With a large rise of about 4 percent in the advance March estimates after seasonal adjust­ment-part of which represented a reaction from the effect of bad weather in many parts of the country during January and February-the general merchandise group is now at an all­time peak. First quarter sales for this group were 2 percent higher than in the final quarter of 1962.

Apparel store sales are up sub­stantially from their 1961 low, and have shown a moderate rise in recent months, after seasonal adjustment; prices have advanced less than 1 per­cent in the past 2 years. Sales gains over this period have been quite similar in the men's and boys' wear and in the women's apparel and accessory stores. Sales of shoe stores have shown a some­what larger year-to-year gain than have other clothing stores.

Recent Changes in Personal Income

Private payrolls move upward

The most significant development in income changes in the past 2 months is that increases in private wage and salary payments have accelerated, fol­lowing a period of relatively slow movement from the middle of last summer to the early part of this year.

3

From .July 1962 to January 1963 private payrolls, which account for about 55 percent of total personal in­come, in aggregate advanced by only $250 million per month (seasonally adjusted annual rate) after having in­creased by $1 billion per month over the preceding year. This February, however, these disbursements advanced $1.8 billion and in March, there was an increase of about $1 billion.

The payroll rise since January has reflected mainly a step-up in employment; both hourly earnings and hours of work have not increased much. Employ­ment in private nonfarm establishments rose successively in February and March 1963, and at the end of the quarter stood more than 300,000 higher than the fourth quarter 1962 figure, which in turn had fallen by 125,000 from last year's second quarter.

The chief drag on the income rise in the second half of 1962 had centered in manufacturing, although in nonmanu­facturing industries also payroll ad­vances were slower than they had been earlier in the recovery that started in 1961. From the second quarter of last year to this January manufacturing payrolls fell slightly-from about $94% to approximately $94 billion, at season­ally adjusted annual rates. Factory employment fell by more than 250,000, and hours of work were down, after adjustment, but a large portion of this decline in man-hours was offset by somewhat higher average hourly earn­ings. A good part of the recent im­provement is now taking place in those industries in which last year's slowdown originated, such as iron and steel, where production worker payrolls had been slashed by some 15 percent from last spring to early fall as a result of the shaq) production cutbacks occasioned by last year's steel inventory liquida­tion. By February total payrolls in durable goods manufacturing were at a new high.

Payrolls in distributive and service industries have continued to register good-sized advances although increases since mid-1962 have been somewhat smaller than those in the first half of last year. In the rapidly growing service group which also includes finance and real estate, payrolls are currently

4

some 15 percent above those of 2 years ago.

Continued rise in government payrolls

The steady rise in government pay­roBs was an important force sustaining jncomes during tJw second lwlf of last year, when private payrolls \Yere ad-1fancing slowly. Rn tes of increase in

WAGE AND SALARY DISBURSEMENTS Change From Previous Quarter, ..

Payroll Rise Accelerated Somewhat in Early 1963 Following Sm11ll Adv11nce$ in Second Half of 1962

Billion$

8

6

6

4

TOTAL

,......

r f- r r-

I nn I I I

Government Increase Has Been Steady,

'first Quarter Improvement Concentrated in Private Payrolls ...

PRIVATE

t-

V'

: :2

Ql-.-...,....l....L..L....L..l.....JL.+-"L.....J....J......I....L....L..J.......L-.j...L...JL--j

-2 L---------------------------~

2

0

-2

With Both Commodity-Producing and Other Private Industries Rising

COMMODITY- PRODUCING JNDUSTRJES (Private)

4 r OTHER PRIVATE I

~tnDDo~DDnn ~D 1961 1962 1963

Quarterly; Seasonally Adjusted, at Annual Rates

W~S. Departrnent of Commerce, Office of Business Economics 63-4·4

SPHYEY OF CTHHEXT lH~Sl~ESS

recent months have not differed appre­ciably from the gains registered earlier in the recoYery.

The strong upm1rd post\var trend in State and local goYernmen t payrolls has continued into the e:lrly part, of this year, paced by large nclYallees in salaries for public education. Federal wage and salary disbursements have also <'Ontinued uynvnrd, particularly since last fall, \\·hen n general rise in Fe<krnl pa_'l~ scales \Vas put in to effect. lVIilitnry pa_'ITolls, ho\Yever, are not so high as the.\~ "·ere a year ago because of the demobilization of the reserve units that m•re cnlled up in Lite 1961 nt the tin1e of the Berlin crisis.

Other earned income

In contrast \vith the behavior of wage and salary dishmsements over the past year, propNty income of persons­personal interest, dividends, and rental incon1e-lws continued to rise at a fairly stead.\~ pace. These three items co111 bin eel averaged close to $Gl billion (annual rate) in the first quarter of this year and \Yere $:3?~-$4 billion higher than in the sa111e quarter of 1962. The effect of this increase on spending at retail is probably less than an equivalent increase in labor income because the property total includes imputations (such as imputed rents of owner­occupied hon1es) and because recipients of property income generally tend to save larger shares of their income.

Transfer payment.<;

Transfer pnymen ts in aggregate have increased comparatiYely little onr the past G months. The March 196:3 total, at a seasonally adjusted annual rate of $35% billion, was about unchanged from the October 1962 rate but was $1 billion higher than in :March of 1962.

OASI benefits are currently running in the neighborhood of $15 billion and have advanced about $1 billion in the past year. An increase of similar size has also occurred in other government retirement, insurance, and pension bene­fits (including major types of payments to veternns)-now in the ueighborhood of $10 billion. Transfers were increased by more than $1 billion t1t an annual rate in the fourth quarter of last year as a result of increased com pen sa tion

c\pril 1HU3

rates to dis;! bled Yeterans. This repre· sented a permanent adnmce, as distinc1 from the payment of the special lifE insurance diYidend to Yeterans thiE ,January.

Une111 ploymen t insurance pa,'l~men tf haYe fallen considerably since insureu mwmployment was nt its high in thE spring of 1961. At that time, as ;I

result of the newly enacted temporar:-, unen1plo~~ment program, benefits \Yen running at an annual rate of $6 billion Dt'ereases in unemployment, ho\\~eyer and the eessa tion of the tempornr:-, program in mid-1962, resulted in a dror in these payments of more than ;)( perepnt in the summer of 19G2. SincE then there has been a modest increase in t;.J. h0nefits.

Ri:se in Social Security taxes

Effectin January 1 of this year Socia· Seeurity taxes \Wre increased from :H percent to 3% percent for hot h em· ployers and employees, while the self-

TOTAL TRANSFER PAYMENTS

Hove Shown Steady Uptrend in Current Recovery, January Increased 'by Special life' Insurance Dividend Disbursements to Veterans

Billion$ (ratio scale) 4.0 .-----------------------,

3.0

Transfer Payments

\

Secular Uptrend in OASI Benefits Contrasts With Cyclical Fluctuations in Unemployment Compensation

1.5 ,-------------, Old· Age and Survivors Insurance

1.0 .9

.6

.5

.4

.3

1961

Benefits

Incl. T emporory Extended Unemployment

Compensation

1962 Seasonally Adjusted

U.S. Department of Commerce, Office of Busmess Economics 63.4.5

April Hl63

employment tax was raised from 4.7 to 5.4 percent. The employee and self­employed portion-which is included 'under "personal contributions for social insurance"-is subtracted in arriving at the personal income total. The latest tax increase has raised these deductions by approximately $1 billion at an annual rate. vv'hen these contributions are netted against the transfer payments for the past 3 months it appears that, exclusive of the special life insurance dividend in January, there has been a decline of about $~~ billion in the net transfer payments total over the past year.

Corporate Profits and National Output

Corporate earnings before taxes rose sharply in the fourth quarter of 1962 to a record annual rate of $54 billion, up $3 billion from the third quarter. Nearly one-third of the increase was due to a rise in the inventory valuation adjust­ment which eliminates from profits in­ventory losses due to price declines. Book profits, which include inventory valuation losses rose $2 billion to an all­time high in the final quarter of 1962.

The $6 billion advance in 1962 corpo­rate earnings over those in 1961 carried the total for last year to a record high of $51}f billion. This relatively large increase from 1961 to 1962 reflected the fact that profits in 1961 as a whole were cyclically low despite their sharp re­covery in the last three quarters of the year. Throughout 1962 profits were maintained at the comparatively high level set in the final quarter of 1961.

The year end increase in profits was a continuation of the advance initiated in the third quarter mainly in durable goods production, normally the leader in corporate earnings trends. The fourth quarter gain was widespread by in­dustry.

The additional depreciation permitted under the liberalized guidelines issued by the Internal Revenue Service in 1962 and the investment tax credit have been excluded from the 1962 compilation of corporate profits and tax liabilities. It is estimated tentatively that these measures will increase depreciation $2.2 billion and reduce tax liabilities by $1.8 billion.

SURVEY OF CURRENT BUSINESS 5

Table I.-Corporate Profits

(Billions of dollars)

1962 1001 IVI----.---~-~----

1960 1961 1962 II I III I IV

Corporate profilsandinventoryvaluation adjustment:

Total, all industries ..• ------------------------- ___ 45.6

Profits before tax ______________________________ 45.4 Profits tax liability ___ --------------------- 22.4 Profits after tax ____________________________ 23.0 Dividends _____________________________ 14.4

Undistributed profits ••• -------------- 8.6

Inventory valuation adjustment_ ______________ .2

By broad industry groups:

. Manufacturing __________________ ------------ __ 24.0 Durable goods industries __________________ 12.2 Nondurable goods industries ______________ 11.8

Transportation, communications, and public utilities __________ ----- ______________ --------- 7.0

All other industries ____________________________ 14.6

With fourth quarter profits data now available, national income for 1962 is estimated at $458 billion. Apart from the rise in corporate profits, there were increases of $19Yz billion in employee compensation, $2 billion in both pro­prietors' incomes and in net interest, and a small rise in rental income.

Profits and product

The November SuRVEY, presented quarterly estimates of corporate gross product and its main components for the period 1947 through the second quarter of 1962. Table 2 extends these estimates through 1962.

Seasonally adjusted, at annual rates

45.5 51.5 51.1 50.4 50.7 51.0 54.1

45.6 51.3 51.4 50.1 50.9 51.1 53.2 22.3 25.0 25.1 24.4 24.9 24.9 26.0 23.3 26.3 26.3 25.6 26.1 26.1 27.3 15.0 15.9 15.5 15.8 15.8 15.8 16.4 8. 3 10.3 10.8 9.9 10.3 10.3 10.9

.0 .2 -.3 . 3 -.2 -.1 .8

23.5 28.0 27.5 27.0 27.1 28.1 29.7 11.7 14.9 14.9 14.2 14.3 15.3 15.8 11.7 13.1 12.6 12.8 12.8 12.8 13.9

7. 4 8.0 8.0 8.1 8.0 7. 9 8.0

14.7 15.6 15.6 15.4 15. 7 14.9 16.3

Corporate gross product excludes pro­duction and earnings of U.S. corpora­tions from their foreign branches and from their investments abroad. Corre­spondingly, no deduction is made from domestic production on account of for­eign investments in the United States. Because of these differences in defini­tion, the profits total used in the follow­ing discussion is approximately $2X billion less than the overall figures dis­cussed in the preceding section. .As noted, the estimates of corporate profits and depreciation used herein exclude the effects of the 1962 liberalization of depreciation procedures.

(Continued on page 13)

Table 2.-Corporate Gross Product

Amount (Billions of dollars) Percent distribution

1962 First 1962 1961 half 1962 1961 IV

I I I 1957 IV

1001 1962 I II Ill IV I II III IV --------------

Seasonally adjusted at annual rates

Corporate gross product.. ....•. 287.9 309,0 300.0 302.7 308.7 310,1 314.4 100,0 100.0 100.0 100.0 100.0 100.0 100.1

Indirect taxes ________________ 30.3 32.5 31.4 31.6 32.5 32.6 33.3 9.5 10.5 10.5 10.4 10.5 10.5 10.6 Capital consumption allow-

ances ~---------·----------- 27.5 29.2 28.5 28.7 29.1 29.4 29.7 8.6 9.4 9. 5 9.5 9.4 9.5 9.4 Income originating in corpo-

rate business _____________ 230.0 247.2 240.2 242.3 247.1 248.1 251.3 81.8 80.0 80.1 80.0 80.0 80.0 80.0 Compensation of employ-

ees. ---------------------- 185.8 197. 2 190.5 193.5 197.8 198.4 199.0 65.2 63.8 63.5 63.9 64.1 64.0 63.3 Net interest ________________ .9 1.0 1.0 1.0 1.0 1.0 1.1 .2 .3 .3 .3 .3 .3 .a Profits before tax, includ-

ing inventory valuation adjustment'------------- 43.3 49.0 48.7 47.8 48.3 48.7 51.3 16.5 15.9 16.2 15.8 15.6 15.7 16.3

1. Excludes additional depreciation taken under the 10021iberalized guidelines. 2. Excludes profits originating in the rest of the world.

Source: U.S. Department of Commerce, Office of Business Economics.

By EDWIN J. COLEMAN

Regional Income Developments in 19 6 2

As the Nation continued its economic advance in 1962, individual incomes, the most comprehensive measure of eco­nomic activity available on a geo­graphic basis, rose to record highs in all States.

Nationally, personal income totaled $438 billion-$24 billion, or 6 percent, more than in 1961. In New Eng­land, Plains, and Southeast, regional advances matched the national rate. In the Rocky Mountain and Far West areas, the increase was slightly higher (7 percent), while in the Mideast, Southwest, and Great Lakes regions, it was a little less (5 percent).

Largest percentage increases in in­come last year were achieved in the smaller States and in most instances resulted from sharp improvements in farm income. In both the Dakotas, Nebraska, Montana, Idaho, Utah, Arkansas, Arizona, Nevada, Maryland, and Virginia, 1961-62 income gains ranged from one-twelfth to more than two-fifths. In the first six States listed, the rise in farm income was much greater than that in nonfarm income. For perspective, it may be noted, however, that each of these States had sustained farm income declines in 1961, so that part of the 1962 rise represented no more than a recovery of previous losses.

In Arkansas, Arizona, K evada, Maryland, and Virginia gains were scored in most major income sources. Nevada benefited especially from con­struction and those activities oriented to the tourist industry, while stepped­up Federal disbursements and expan­sion in the service industries were particularly important in the income rise in Maryland and Virginia. 1

1 Estimates of personal income by States for all years since 1929 may be found in the following publications of the Office of Business Economics: "Personal Income by States Since 1929." This supplement to the Survey of Current Busines.• contains estimates of total income for the years 1929-53 and of per capita income for the period 1~29-19. Est~ates of total income since 1953 and of per capita mcome smce 1949 are contained in the August 1962 issue of the Survey.

6

Per capita incomes

Per capita personal income amounted to a record $2,357 for the Nation last year-4 percent, or nearly $100, more than the 1961 average. Regional per capita income increases from 1961 to 1962 ranged from 1 to 6 percent. With consumer prices up about 1 percent, these current-dollar gains imply almost equivalent advances in real income in most areas.

By States, average incomes in 1962 varied from $3,176 inN evada to $1,282 in Mississippi. Other top-ranking States-all with per capita incomes of more than $2,500-were Connecticut, Delaware, New York, New Jersey, California, Illinois, Massachusetts, Maryland, and Alaska. In the District of Columbia, per capita income reached a new high of $3,351.

Income Changes in 1962

Cyclical recovery had spurred the income rise in the later quarters of 1961, and 1962 saw further moderate ex­pansion in most industries as all types of production moved ahead. With em­ployment and productivity expanding, income rose in nearly all industrial sectors.

National developments

State differences in the movement of total income in a year such as 1962, when incomes from most industrial sources were increasing with compara­tive uniformity, can be traced to (I) State differences in rates of change within selected industries, and to (2) differences in industrial structure. In 1962, these differences reflected mainly developments in manufacturing, farming, and government.

Nationally, the largest personal in­come gains originated in government, manufacturing, and in trade and service activities. Changes in the last two industries were relatively uniform among States. The change in farm

income, though small for the country as a whole, was the composite of sizable increases and decreases in individual States. In many instances this income source was the dominant factor in­fluencing a State's rate of income increase.

Manufacturing expands

Nationally, earnings paid to indi­viduals employed in manufacturing rose 7 percent from 1961 to 1962, a top-ranking rate of gain among major industrial sectors.

Geographical unevenness character­ized changes in the earnings of persons in this industry because, in large part, the recession had struck with uneven force in the various States, and the speed and extent of recovery showed corresponding variations. These, coupled with the substantial State differences in the importance of manu­facturing in the income structure of the various States, gave the industry an unusually strong influence in effecting relative changes in the rate of income flow last year.

In nearly all nonfarm States, factory earnings rose at rates equaling or bettering income increases from sources other than manufacturing. But it was in the Great Lakes and Southeast that the expansion in this industry was most pronounced. In both regions, manufacturing was the eco­nomic pacesetter and was directly responsible for boosting the rate of . . mcome gam.

In the Great Lakes States, the rise in personal income from manufacturing reflected mainly a recovery from re­cession. In the automobile industry, in particular, factory payrolls rose sharply, and their impact centered in the Great, Lakes region where three-fourths of the' industry is concentrated. It was primarily responsible for boosting earn­ings of factory workers in Michigan by more than one-tenth. Automobile

April 1963

production also contributed to Indiana's advance of 10 percent in earnings from fttctory activity. In similar fashion, there was a resurgence of income from other durable goods manufacturing in the Great Lakes region.

In the Southeast, increased activity in the apparel, textile, and transporta­tion equipment industries accounted for most of the increases of one-tenth or more in earnings of manufacturing em­ployees in Virginia, South Carolina, Georgia, Mississippi, and Arkansas. To some extent these increases, like those in the Great Lakes, reflected cyclical recovery, but to a greater degree they were an extension of long-term in­dustrial growth.

Other States with a relative gain of one-tenth or more in income from manu­facturing include Washington, Nevada, Utah. New Mexico, and Arizona. In all but the last of these, the overall change mirrored developments (gen­erally national in scope) in the one or two industries that dominated the States' industrial structure. 1 n both Washington and Utah, it was missiles and aircraft; in Nevada, printing; while in Arizona, the increase in manufactur­ing income reflected a general advance

SURVEY OF CeRRE~T BUSINESS

in most of the State's manufacturing establishments.

Farm income volatile

Nationally, farm income in 1962 was down a little-3 percent--from the previous year's $16 billion total. However, the decline at the national level was for the most part the result of counter-movements among the individual States, with half of them sustaining declines and the other half registering gains.

In general, the largest geographical changes in farm income stemmed from developments in crops, the most spec­tacular of which occurred in North Dakota. Here, a tremendous improve­ment in the wheat yield, the largest out­put of rye since 1927, and bumper crops of oats, flaxseed, and barley, led to a more than threefold increase in farm income.

Among other Plains States, unusually large increases in farm income in Nebraska and South Dakota-one-fifth and two-fifths, respectively-contrib­uted heavily to the overall income flow.

In Kansas, sharp curtailment of wheat production was a major factor in the drop of one-fourth in agricultural

1957-62 COMPARATIVE REGIONAL GROWTH IN:

1. TOTAL PERSONAL INCOME 2. POPULATION

Percent Increase Percent Increase

0 10 20 30 40 50 I I I I l

UNITED STATES UNITED STATES

For West For West

Rocky Mountain Rocky Mountain

Southeast Southeast

Southwest Southwest

New England New England

Plains Plains

Mideast Mideast

Great Lakes Great Lakes

I I

U.S. Dtpertment of Commerce, Office of Business Economics

7

income. This, in turn, held the relative increase in total income to 2 percent­one of the smallest year-to-year gains in the Nation. Similarly, a decline in farm income in :;\Iinnesota limited the overall income gain significantly.

In the Rocky Mountain States other than Colorado, farm income provided a good boost to income as cash receipts from livestock rose sharply and govern­ment payments to farmers were con­siderably above those in 1961. In Colorado, lower cash receipts from wheat and dairy products were mainly responsible for a drop in agricultural income which, in turn, held the rise in aggregate income to 4 percent ..

Government increases uniformly

From 1961 to 1962 income from government-the t.ot.al of all income disbursements made directly to indi­viduals by Federal, State, and local government agencies-expanded 7 per­cent. The geographical uniformity of increase was greater in government than in a.ny other major mcome component.

The expansionary influence of gov­ernment came mainly from St.at.e and local agencres whose disbursements were up almost one-tenth throughout

3. PER CAPITA INCOME

Percent Increase

0 1 0 20 30 40 50

For West

Rocky Mountain

Southeast

Southwest

New England

Plains

Mideast

Great Lakes

8

the X a tion. In only five States did the ch1mge in :-)tate and local gonml­ment income disbursements in 1962 differ by more than 1 percentage point from the national rate. These included Kentucky, and the District of Columbia where income from State and local governments showed only a small change. In Kentucky, the main factor wns the near completion in 1961 of the payment of a State bonus to veterans,

SFHYEY OF <THHE"\T BCSIXESS

while in tl1e District of C'olulllbia, a len•ling off in the voltune of payrolls was tile major influence.

.Federal dislmrse1nen ts rose only 5 percent in the eountry as n whole from 1961 to 1902, but the sl~nrp Statc-by­Sta te variations in rn tcs of change in this income eoinponent were responsi­ble for most of the in terstn te varia­tions m total government mcome disbursc1n en ts.

Table I.-Total Personal lncon.e, by States and Hcgions, Selected Years 1

.\mount (million:-; of dollars) I Pen·et!t of l'nited ] Percent changp

State and Hegion 1 <Hates 1

-~-9--.o7--.--1-91->l--.--1!-lii-2-~~-~~-~ I'll"' -~~~~~-0 -~-19" 1 to-• .li ' ).., 1902 19(}:2

United States .. --------------------------------- 348,724 414,022 437,924

New England - . ----------- ~----------------- 22,793 27,018 28,523

l\faine. -------------------------------------- I, 590 I, 82H !, YOfi Xew Hampshire ____________________________ . 1, Oil 1, 323 1, 409 YermonL______ --------------------- 1l2H 750 iSS Massachusetts __ . ______ . _______________ ._ ... _ 11, 341) 13, .5!18 H,:l20 Hhode Island .. ____ ------------- _____________ 1, 694 1, 9.oJ 2, Ott? Connecticut ..... ____ ------------------------- tJ,4tH 7, ,)f)i'} 8,038

Mideast. ___ . _________ ---------------------- ____ 88,586 103,022 108,449

.\'ew York ______________________________ 41,1!10 48,504 .oo, \182

.\'ew Jersey ___________ ----------------.----- 14. zo.o lfi, \148 17, HDO Pennsylvania _________ --------------_----- :!3, .)2.1 2.5, H33 2fi, U3X Delaware ____ ------------------------------ 1.21;\ 1, 380 1, 452 .\faryland ... ______ . ______________________ . --. fi,:l.'\1 i, xso X, ;\00 l)istrict of f'olumhia ____________________ .. -- 2.070 2. :r;; 2, f\27

Great Lakes --- -- ------------------------··---- 78, 41)9 87,728 92, 4Q.j

Yiichigan ___________________________ ----.---- Hl, \12:! IX, 0;)4 Hl,lH.'<:' Ohio_ ------------------------- 20, 91)1) 23.01:! 2-:1, 111 ln~liana ___ ------------------------ 9, 212 10, 42fl 11. o9:J Illinois ... ______ . ------------------------- 2:1,941 27,410 2X, ilX \\' iseonsin ______ -------------------------- 7, 487 X, :0.:2:") !l,:lH

Plains ________ ----------------------------- 28,099 3.3, 318 3.5,2113

~linnesota ___ --------------------------- fi, 17:1 7, ns 7, ;:,o lowa ______ ----------------------- .-.. 110 ;), 902 ll,I!O _\ r i~souri- ---------------------- 8, :no !i, XHH w.:n;, .\'orth Dakota .... - \l:l9 1.000 I. -128 --- ----------------

I :--:outh Dakota ___ -------------------------- 1.091 l, 2U4 I, 47':2 .\'ehraska. ___ -------------------------- :!,li;)H I :J, 102 :3,:):)\1 Kansas ____ ---------------- :J, ~3~ -:1, HH>l 1, ~02

Southeast._ __ --------------------- 53,790 ()5, 178 69, 2.3()

\·irginia __ --------------------- ti, 8~() 7. 743 s, :);-r \\'est Virginia-_::- ---------------------- :J.OH2 a.12n 'l·>n Kentuekv --------------- 4. 203 +. 9\18 :<Zsii Tennesse"e ____

----------------- +, Kll4 .;,8()3 ll, IO:J );orth Carolina ---------------- .), U7ti i, !i711 x.o>q .'.Oilth Carolina ____ ------------------------- 2. xJ8 3. 4'•0 :~. ()\)2 1 i-eorgia __ ------------ ,;_ 1:!2 fi. ,'){;) 7. O:!ti Florida ______ ---------·- 1. ;-na 10. :2na 10, !J03 _\luhama_ ---------------- L 20ti -!, \--12ti :), W-l ~rississipp{_-___ : _ ------------------- :2. llH :!, 7:22 2. xxl Lou isia.na ____ ------------------- 4, Xx4 ;;, 100 .), 710 .\rkansas ____ . ------------- 2.01:0 :z,:m.s 2, 7U-1

South west._ ------------------- 2:1, IH)7 28, (i22 :lO, 170

()klahoma _____ ----------------------- :l. 7:lO --l, -!.)( 4,1i(il Texas._ ]li,;);)f\ 1u .. oo3 :w, :la5 :\ew ~Texico _______ ~~~::====-----_ I. WI 1, 7Ti I. 8(;() _\ rizona ____ --------------- 2. 010 :!, S1S.-~ :l,IH

Rocky 1\rlountain ____ ---------------- 7, R:lO 9, 477 10, lll9

:\fontana ____ ----------------------- !. 2>'0 J.:):l\1 1, .i72 Jdaho ___ ----------------·----- !. 072 1. :zat; 1,:!42 \Y~·oming ------------------------ 1);",() 71)):<1 iilR Colorado_. ------------- :{, :3ti7 1. :n2 4, !XIl l't<lh ___ -------------- I, !Ill l,S:.?:! 1, H7-l

Far West --------------- -t.~, -t60 57, J84 til, 524

\\-ashington ___ ----------- :l, s:32 ti, Ull 7. 422 oregon ___ --------------------- :3, ~00 4,0X!I J.:Jn Xevada ____ ------------------- 1140 8\IX l,Oii4 C<-llifornia ___ ·-------------- ;{.), .~S2

I 4.\ .lSH tS, 71.)

.\hlska __ . _ S3i I

li30 li42 Hawaii. ..... I. 09X 1, :t4.) 1, tJ~lj'

I

1. .\Jaska and Hawaii not inelwled in totals in 1H.il.

Souree: C.S. Department of \ommeret.~. OflicP of Busirws~ Economics.

100.00

6.51

. 4fi

. 31 I~

3. 25 . 49

1. 8;)

25.40

11.81 4. 07 n. 7!i

. 3.1 1. 83 . :iH

22. ,;o -!. .Stl :i. g\)

I 2. G+ (). 87 2. ].>

8, 05

I 1. 17 I 1. 41)

2. 38 o-. -I

. :31

. 71i 1. 10

15. ~2

J.X:l . RH

1. 20 t:w 1. 71 . xl

J.;)(i

2. 2:1 1. 21 .lil

1. 40 . 09

6. 80

1.07 --l. 7:)

. 40

.. )8

2.26

. :37

. :n

.1!!

.1J7 • -:1:2

1.3. 03

1.1)7 . !17 .19

10.20

16 . 31

100.00

6.51

43 . :J2

18 3. 27

. 47 1. 84

24.77

11. (),) 4. 10 f-i. 1.1 . 33

1. 94 . fiO

21.11

4. 3X :i . . )j 2 .. )3 fi .. )(i 2. 13

8, 05

1. 77 ].:3!1 2. :3{)

3'' . ,, . :J+ . 71i

1.10

15.80

1.n .7+

1. 20 J.:W 1. ~;. . x4

1. tiO 2. 4H 1. 18

.fill J.:lo

• ()4

6.88

1. Oil 4.1l9 . 42 .71

2.32

. 31l

. :n

.IX 1. 02

.-!:)

U.05

1. 6\! . 99 . 24

1!. 1:3

. lt)

. 31l

25

25

20 32 :!.) 2fi 22 24

22

24 :w 1;'i 20 :J:l 27

18

n l:i 20 20 21

25

2H :!0 :!-:I .12 ;j,;

27 ;2;)

29

:ll .o

2ti :!:'i ;~;)

;lJ :w +0 :.?:~ a11 17 3fi

27

2:) 24 33 .i;i

.30

:.?:{ 2/i :.?2 :l3 :l.o

35

'27 27 (i5 37

20 4.1

!

5

fi ll 4 5 X !I

5

H 4

i fi 1~ 7

2 3

April l!lU:l

These ,-aria tions stemmed 1llainly fron1 a decline in un<>tnplO_\'lllent insur­ance benefits and an c:--;p1U1ded volume of .Federal payrolls in specific States. The decline in UI payments, a con­comitant of cyclical recovery, accounts for the snwllness of the rise of govern­ment. disbursements in the industrial States where the recession had hit hard­est in 1960-61. These include Penn­sylvnnilt, the five States of the Great Lakes region, VVest Virginia, and Alaska.

Larger .Federal payrolls explain the pickup in government wages and sal­aries in the District of Columbia ;tnd in the adjoining Stn tes of ~laryland

and Virginia, as well as in Louisiana, Arkansas, and Colorado.

1Iining and transportation activity reflected mainly the changes in manu­facturing. On the whole, regional de­velopment in the extractive industries in 1962 mirrored the demand hy man­ufacturers for mineral products for use as raw materials and fuel. However, mining payrolls in nearly all major min­eml-produeing States moved up only slightly or held their 1961 levels as a result of increased automation.

Bee a usc a major portion of transpor­tation facilities is engaged in moving raw materials to the point of manufac­ture and in distributing finished prod­ucts throughout the country, changes in income from tnmsport;ttion last year tended to parallel those in manufac­turing. Xationnlly, earnings Kere up 4 percent, as most States and regions conformed to the national rate of gain.

~lissilc site and highway eonstrue­tion, plus the hampering effects of a bitter winter in many parts of the coun­try, in 1962, accounted for most of the State variations from the 2-pereent increase in construction earnings in the Kation as a whole. In addition, indlls­trial huilding was an important element in 1\ evada 's large expansion m mcon1e from construction.

Income Shifts Since 1957

Previous reports on the geographic distribution of income have focused on basic, long-term changes that have occurred. The first of these reports, "Personal Income by States Since 192.9," covered the period 1929 through the

.lpril 1963

early 1950's. The second, contained in U.S. Income and Output, dealt with regional income changes over the 1947-57 span.

In each report, trends were meas­ured by comparison of income in years of high cyclical activity. From 1957 to 1961, however, State differences in growth rates between any pair of years, have been influenced by short-term cyclical and random factors, and the trend thereby obscured. For example, 1958 was marked by recession; 1959, by the steel strike, and 1960 and 1961, by re­cession and recovery.

With the economy now at a reason­ably high point on the cycle, 1962 offers the first reference point for trend measurement since 1957. Ac­cordingly, the remainder of this article will look at changes in personal income from 1957 to 1962 against the back­ground of longer run shifts, even though it is recognized that the underutiliza­tion of the labor force together with the operation of plant and equipment at significantly less than captlcity nre special factors that blur trends.

Percent Changes in Personal Income

Totalt Per capita'

19291194711957 19291194711957 to to to to to to 1947 1957 1962 1947 1957 1962

United States ______ 121 84 25 87 56 15

.'lew England ______ 83 90 25 64 60 17

.\Iideast.. .. ________ 82 77 22 60 55 14 Great Lakes ________ 110 85 18 81 5.5 10 Plains ______________ 120 68 25 118 49 21 Southeast .. _________ 184 89 29 140 64 19 Southwest. .. _______ 178 100 27 132 61 13 Rocky Mountain ___ 161 86 30 122 42 16 Far West. __________ 202 104 35 80 47 16

_\laska _____________ na na 20 na na 9 Hawaii_ _________ na 52 45 na 38 26

1 For analytical purposes, U.S. totals include Alaska and Jlawaii in 1957.

'Includes Alaska and Hawaii in 1962, but not in 1957 or earlier years.

na-.'lot available.

The above text table shows, for regions, percentage changes in total and per capita income in each of three periods: 1929-47, 1947-57, nnd 1957-62.

Regional patterns maintained

First to be noted is that the very hroad pattern of the shift in income that was established in the 1929-4 7 period }las prevailed in the latter two periods as wdl. However, several modificn-

SURVEY OF CURRENT BUSINESS

tions of pattern, discussed in the sub­sequent regional summaries, may be noted briefly:

(1) The relative decline that char­acterized the income growth of New England from 1929 through the early 1950's appears to have terminated in the more recent period.

9

(2) Conversely, the record-breaking pace of income growth in the Far West and Southeast which appeared to have slowed down appreciably in the imme­diate postwar years evidences a re­sumption of its earlier rate.

(3) Finally, the Great Lakes, where growth had about paralleled that of the

Table 2.-Per Capita Personal Income, by States and Regions, Selected Years 1

Amount (dollars)

State and Region

1957

United States ___________________ ----------_______ 2, 048

New England------------------------------------

Maine _____________ -- ______________ ----------_ New Hampshire-----------------------------Vermont ____________________________________ _ Massachusetts _______________________________ _ Rhode Island _______________________________ _ Connecticut. ________________________________ _

Mideast _______________ ----------------------- __ _ New York __________________________________ _ New Jersey __________________ --------- ______ _ Pennsylvania. ______________________________ _ Delaware ___________________________________ _ Maryland ___________________________________ _ District of Columbia ________________________ _

Great Lakes. _______________ ---------------- ____ _

Michigan. ______ ----------------------------_ Ohio.----------------------------------------Indiana. ____________________________________ _ Illinois .. _-_- ___ ------- ____ ----- __ - ___ -______ _ V\Tisconsin_~------------- ____ -- ______________ _

Plains.-------------------------------------------Minnesota. _________________________________ _

~~~OU~i::: ~ :::::: ::::::::::::::::::::::::::: North Dakota _______ ---------- ______________ _ South Dakota __________ ----------------------Nebraska ___________________________________ _ Kansas. _____________________________________ _

Southeast. __ --- ___ --_-------- ___________________ _

\7"irginia ____ --------- -------------------------

West Virginia _________ -------------------- __ _ Kentucky _________________________ -----------Tennessee _____________ -----------------------North Carolina .. ___ --------_---------------_ South Carolina ____________ -------------------Georgia. _______ ----------- __________________ _ Florida _______________ -- _____________________ _

~~~~~r~Ei~:::::::::::::::::::::::::::::::::: Arkansas _____ --------------------------------

Southwest.. _________ --------------- ____ ------ __ _

Oklahoma. _______ ----- __ ----------------- ___ _ Texas _________ -------------------------------New 1\tlexico __ -------------------------------Arizona _________ -----------------------------

Rocky Mountain ... ------------------------------

Montana ____________________________________ _ J daho. __ --- _________ -- __ -- -------------------Wyoming ___________________________________ _ Colorado .. _______________________ ----- ______ _

l'tah ... --------------------------------------

Far West. ______________________________________ _

Washington _______________ ------ __ -----------Oregon. _____________________________________ _

Nevada .. ------------------------------------California. _________________ - ---- ____________ _

Alaska. ______________________ -_-_-_-_-------_ Hawaii__ ____________________________________ _

2,298

1, 686 1, 859 I, 666 2,329 1, 984 2, 813

2,406

2, 542 2, 535 2,149 2, 893 2, 220 2, 668

2,260

2, 245 2. 253 2,029 2, 505 1, 969

1,856

1, 863 I. 864 1, 951 !, 493 1, 600 1, 892 1, 809

1,446

I, 671 I. 636 I. 429 I. -101 I. :l45 1. 210 1,418 1.829 1,325

992 I. 565 1,148

1, 772

I, 641 1, 815 1.610 1.806

1, 884

1, 934 1, 678 2, 012 1, 989 1, 743

2,397

2,128 1,960 2, 514 2, 500

2.397 1, 916

1. Alaska and Hawaii not included in totals in 1957.

1961

2,263

2,520

1,843 2,130 1,899 2, 598 2, 250 2, 895

2, 631

2, 848 2, 714 2, 261 3, 013 2, 472 3, 124

2, 383

2, 270 2, 330 2, 213 2, 672 2,194

2,138

2,149 2,124 2, 254 1, 562 1, 875 2,168 2,139

1,652

1, 908 1, 690 I, 625 1, 605 !, 642 1, 433 1, 649 1, 965 1, 492 1, 229 1, 626 !, 446

1,971

I, 889 1, 993 1, 808 2, 074

2,153

1, 963 !, 807 2, 272 2, 421 1, 989

2,687

2, 381 2, 273 3,003 2, 780

2,692 2,407

Sourre: U .8. Department of Conunerec, O!ftce of Busiw.•ss Economies.

1962

2,357

2,680

1,908 2, 229 2,021 2, 775 2,384 3,095

2, 748

2,930 2, 874 2, 368 3,096 2, 664 3, 351

2,495

2, 399 2,388 2, 353 2, 830 2, 276

2,248

2,230 2,200 2,373 2, 224 2, 042 2, 250 2, 164

I, 724

2,004 1,829 1, 705 I, 679 1, 709 1, 516 I. 714 1, 997 I, 538 1,282 1, 715 1, 533

1, 999

1, 904 2, 030 1,824 2, 064

2,189

2, 217 1, 923 2,178 2,352 2,041

2, 774

2, 469 2,319 6, 176 2, 871

2, 610 2, 409

Percent of United States

1957

100

112

82 91 81

114 97

137

117

124 124 105 141 108 130

110

110 110 99

122 96

91

91 91 95 73 78 92 88

71

82 80 70 68 66 59 69 89 65 48 76 56

87

80 89 79 88

92

94 82 98 97 85

117

104 96

123 122

117 94

1962

100

114

81 95 86

ll8 101 131

ll7

124 122 100 131 113 142

106

102 101 100 120 97

95

95 93

101 94 87 95 92

73

85 78 72 71 73 64 73 85 65 54 73 65

85

81 86 77 88

93

94 82 92

100 87

118

105 98

135 122

111 102

Percent change

1957 to 119;11 to 1962 1962

15

17

13 20 21 19 20 10

14

15 !3 10 7

20 26

10

7 6

16 13 16

21

20 18 22 49 28 19 20

19

20 12 19 20 27 25 21 9

16 29 10 34

13

16 12 13 14

16

15 15 8

18 17

16

16 18 26 15

9 26

6

4 5 fi 7 ti

4

3 6 5 3 8 7

5

6 2 6 6 4

5

4 4 5

42 9 4 1

4

5 8 ;; 5 4 6 4 2 3 4 5 6

I 2 1 0

2

13 6

-4 -3

3

3

4 2 ,, 3

-3 0

10

Nation over the three demtdes smce 1929, failed to keep up from 1957 t,o 1962.

New England

The growth of personal incotue in New England over the past 5 years relu-

SUHYEY OF CFHHEXT Bt~~INESS

tive to that in the Nation represents a departure from the long-established de­cline which had lll<lrked tbe economy of this region over the three decades from 1929 to 1957.

From 192\J through the reconversion from ·world War I I, New England's

April Hlt;;-

share of total personal income decline( almost one-fifth. Over the next decade 1947-57, it was off an additional 5 per cent. Since 195 7, however, the ad vauce of total personal income in thi: area has matched that in the country n: a whole, and in terms of per capita in

Table 3.-Pet·cent Changes in Industrial Sources of Personal Income, by States and Hegions, 1957-62 1

Broad industri~ll sources of income Income recch·~·d h:v person~ for participation in current productio

State and reg-ion

United States ..... .

:-few England_._ _.

:\Iaine _____ - -- __ .-.- ...... -.- .... .. :-.few Hampshire .... _____ _ Vermont_ __ -------------:\Iassachusetts ___ -----·-···-Rhode Island _______________ _ Connecticut ..

Mideast_. ______ .. ____ .. ______ ...

:-lew York ___ ····------·-·· __ :-lew JerseY----------····-··· Pennsylvania _______ . ___ ._ .. __ .... _____ . __ . ____ . Delaware ___ -------------- _____ ··-· .. ···--------. ___ _ :\!aryland. _____ . _ .. __ ..... ___ ..... __ ... ___ ... _ .. __ . __ District of Columbia .. __________ .... ··-·-·· _________ _

Great Lakes __________ ··--·-·--· __ .. ··-· ....... --··-··--·-

.\1ichigan _____________ ... __ . __ ...... _. _. ___ .. ________ _ Ohio.-.---------------···-·-·······-···--------------Indiana_. _____________ .. ____ . __ .. _______ .... __ . _____ -Illinois __ ._-----_ ... -- ____ ._._.--. ___ . __ .. ------- ____ _ '" isconsin ________________________________ ----- ______ _

Plains _________ • ____ .---_ .. ___ .... _. __ .. ___ ... ----- ______ _

:\linnesota .. ___ .. ---- .... _ ..... _ --. ___ ... --·. ---------Iowa _______________________________ ·---·-------------:\1issouri _______ ---- ___ .. _. _-.- .. __ . __ ------ .. -------:-.forth Dakota. ___________ . _______ .. ··----------------.--Iouth Dakota ____ ._. __ ._. ______ .. _ ...... ____________ _ Xehraska---------·----------------·····--------------Kansas ___ .- _. __ . _.- _- .... __ .-.----. _. _ .. _-- .. -.- _- _--

Southeast----······-----------------------------·--------

iJ~~r~~rgill.Ia:= = == ====== == = = = = = = = = = = _ ~= ====== = === ==== Kentucky ___ ------ _____ . ___ . _______ ._ .. _. __ ----------Tennessee. __________________________________________ _ North Carolina ..... _______ ... ____ ... ________________ _ South Carolina ______________ -------------------------Georgia ______ ----. ________ .. ___ . __ . ___ . __ . ___________ _ Florida ________ .. ------_.--- .... -.-- .. - .. --.----------Alabama __ . ____ .------- .. - ... -----.--------.---------

tio~~!~~[L: ::::::::::::.-::::::::::::::::::::::::::: Arkansas -----·--· _____ ....... _____ ... ---------------

Southwest_---------··-· .. __ ··-· __ .......... -------------

Oklahoma ______________ ·-· .. _ . -·------- ---------- --· Texas_------ .. ____ . _____ ... _. _______ . _________ . _____ _ .'<ew Mexico. _____ --_._ ... _. ___ ...... ____ ----- ___ -- __ . _-\rizona _____________________________________________ _

Rocky Mountain __________________ ·········---···-·--··--

Montana_._. _______ ·- ______ ...... ___ . __ .-- ..... __ .. --Idaho._---------------. ___ --·------------ ...... ------Wyoming _______________ -----···-----------------·--Colorado ... -·---------·· ______ .-----.·-· .. ··-··-· .... Ftah·-···----------------········-·-······-··-··--

Far West_. _________________ ··-·· .. __ ... _____ ---------

Washington .. -------··-------------------------------Oregon ______________________________________________ _ Nevada_--------- ________ . ____ . __ ...... __ ._. ________ _ California ... _ .. ------_ .. ____ .. _________ ..... ____ .. __ _

c\laska .. ___ -.- .. -.-.-.-.-----.- .. - _.-.--.-.-------.--HawaiL-------------------------------------------~--

Total per­

sonal income

~: I ~I 2.5 26 22 24

22

24 2ti ].)

20 3:! 27

18

13 l!i 20 20 24

25

26 20 24 52 35 27 25

29

31 5

25 20

~r 1

29 40 2:l 36 17 36

27

25 24 :!3 55

30

23 20 22 33 35

35

27

~~ I 371

~~I

Farm income

10 ! -18 i -13 -29 -13 -1R -11 -23

-8

-lt) -II -.)

2~ 18 0

-I 6

18 8 3

2

-~~I 104

12 -9 50

21 1

21 1 -29

30 4

211 (I

-I 25

4 38 23

:~I 22 II 16

2

2~ I -6

-19 -12

5

-3 -I

-18 7

0 1

l. For analytical purposes Alaska and Hawaii included in 1957 totals.

Source: U.s. Department of Commerce, Office of Business Economics.

Government income distmrsemcnts All

----,----,--·- Pri\"atel priYate Non- 1 non- non-farm farm farm :\!Lining

income I State income I indus-

261 26 21 1 33 29 26 22 2.1

23

24 27 L1 1\1 :J:J 27

18

14 \(\ 21 20 :w 28

28 29 25 36 .)5 a;; 23

29

:n (i

2.o 27 :!6 33 31 41 24 :!6 17 34

28

25 24 34 ii9

-33

22 :JO 26 36 38

37

29 2\l 68 38

20 49

'l'ota1 Federal and trios

46

46

H

J~ I 48 :n 4\1

48

4fi 46 1.) 51 .)1

15

.')()

4.o 43 67 :!6 4:! 39

45

36 4U f'i2 41 .12 34 42 59 4:! 50 39 39

42

:!8 41 40 1)2

46

52 48 33 44 48

54

35 47 49 59

9 34

43

47

36 52 34 M 24 46

43

43 4.) 40 40 .)3 38

15

43 4:! 44 49 47

43

"13 4:! 47 76 :!:! 44 35

40

:n .\2 45 3(} 41 :J2 39 !iO 44 4R 40 :!6

35

39 :!3 31 48

42

57 .\0 20 au 44

47

:n 44 37 51

-3 31

I

local

52

45

.~9

.\0 ()2 39 46 53

48

44 !i5 47 .15 74 40

.;o

46 GO 47 ;)4 55

47

.18 48 37 57 41 43 47

54

.~ti 44 Ot) .11 67 40 4\1 77 40 ;)! 37 4!\

53

35 54 fi6 86

52

45 47 54 53 58

64

41 I .'i() 71 70

110 I 461

21

22

16 29 25 22 19 22

19

21 23 10 16 27 18

H

9 11 17 16 22

24

z:l 26 22 25 48 33 1Y

25

:Jo l1 -2 I 17 23 32 32 28 :n 18 :J1 11 31

24

21 20 32 59

29

14 24 24 31 35

32

27 25 73 33

31 00

20

21

15 28 23 23 19 20

17

HJ 23 8

IG 26 IS

11

I) \)

15 14 20

22

21 22 19 2:J 48 :J2 17

24

:lO -5

16 2:! :l:l :!3 27 :J6 16 31 8

:!3

22

18 19 30 59

28

8 25 22 35 34

33

27 23

~~ I 31 I 62

-13:

4 :

.)

0 19

-3 ' }j I

7

-.31 '

-.) i

-101 -a7 O•

23 : 0 :

-6 :

-1.1! -II

2' -7 -3

I

-11 : i

-IX: 22 '

-8 -9i

r.l 20 -17;

-20

-II I -:!8'

=iii 26 24 26 13

-24 25

-3 -24

-3

-4 -f),

91 15 :

-151 =~~ i _gl -8 I

i -l i ~~II -I

141 -40 I

Con­strue­tion

-8

-1t) -19 -11

2 13

25

II 10 20 29

117 ()7

28

12

:n -35

36 27 30 32 23

1 -10

41 -19

.~2

20

25 II 13 80

30

H 37 39 21 33

3o I

~i li

98 31 I

-391 931

Finance, Whole- insur-

Manu- sale ance lac- and and

turing retail real

16

17

15 25 18 17 13 18

10

11 17 6

1:! 10 3

·" fi 16 10 19

21

25 24 18 14 49 3S 10

29

:34 13 20 27 :!4 36 26 I 11 I

!& I

trade estate

20

21

10 24 23 22 18 22

18

18 2.o 10 21 32

I

13

6 12 12 16 16

19

17 18 16 16 29 26 19

22

35

31

28 29 28 31 28 32

31

34 26 24 :ll 42 14

28

22 29 34 2\l 26

34

:Ja 33 32 .)7 43 35 3:l

43

39 17 29 42 51 47 45 .56 31 54 32

Trans­porta­tion, com­muni­cation and

pnhlir utilities!

121

151

10 ! 16 !

9t 14 1

l~ i 111

I JOI 22 ! 4 '

13 i !~ I

9 I 61 91 g: H !

17

11

1l II 12

;"j

H 12 4

13

g I I

11 27 17 ' 24 1

fi! 16 I

4~ 1:

19

28 I

13 13 26 21 24 34 19 21 12 24

23

18 21 30 48

47 I 42

·" I 17 i 16

1

14 : 14 16 1

~~I Hi

I

~lj' -5

~I

::II 22 19 31

441 581

26

3 21 :32 31 :!2

31

24 21 56 33

34 54

41 :Jr. 5:! 85

44

29 37 42 51 44

42

39 37

106 42

~nl

Hi ~ 18 . :Jo'

11.

0 9

10· 17 II

li

\2 I 10 I 40 I 13!

I 98 i 29 '

i

Serv­ices

3 .\ 4 4 3 3

2'

2 2: 3 2' 3

31

41

3: a: 4' 1l

:li a:

II' 5:

s:

come, the regional record is a little bet­ter tluw that of the Nation. From a point one-fourth above the national figure in 1929, avernge inco111es in the region drifted down until at the end of \Vorld War II, they were only one-tenth higher than in the Xation as a whole. Since then, they h.1ve moved up relative to the rest of the country. Last year, per capita income in New England was one-seventh above that in the Nation.

New England's favorable economic experience of the recent period appears to be broadly based. In every major income aggregate-total, nonfarm, and private nonfarm-the region's record matches that of the Nation. More­over, earnings of persons engaged in each major industry show an equally favorable record.

Perhaps the most busic factor in the recent improvement in New England's relative position l111s been the change in tl1e region's manufactures. ~ince 1947, there has been a strong shift from a heavy dependence on textiles to a greater reliance on the production of electrical machinery and transportation equipment.

.Mideast

The long-term relative decline in personal income which has character­ized the eeonomy of the Mideast con­tinued over the past 5-year span, with one important differenee. Frorn 1929 to 1957, the regional ineome lag was largely the produet of developments in New York, Pennsylvania, and to a lesser extent, New ,Jersey. Since 1957, the less-than-average income gain of the Mideast stems entirely from the economic experience of Pennsylvania and Delaware. In the other four States of the region income gains have matehed or exceeded those in the Nation.

Iu Pennsylvania and Delaware the rate of income growth in the recent period was well below that of the other States of the region and of the Nation genernlly. In Pennsylvania, the rela­tive deeline stemmed from a drop of nearly two-fifths in earnings of persons engaged in mining and from the small­ness of the rise in earnings of faetory employees-6 percent in Pennsylvania

Sl'RVEY OF Cl'RHENT lHTSINESS

eompared to 16 percent nationally. Unfavorable developments in these two basic industries "Were reflected in the distributive and service industries.

In Delaware the downtrend appears to have centered in that State's large nmnufaeturing industry-where two faetors played an important part. First, eamings of persons engaged in manufacturing inereased at a slower pace in Del a ware than in the eoun try as a whole; seeomlly, the disparity was aecentuated in the total ineome flow because manufaeturing is one-third again ns important a souree of ineome in the State as in the Nation.

Great Lakes

Gains in total and per enpita personal income in the Great Lakes States from 1957 to 1962 were smaller than those of any other region. Total ineome rose 18 pereent and per en pita ineome advanced 10 pereent. Comparable national rates were 25 pcreent nnd 15 percent, respee­tively. In eontrast, over the period 1929-57, the growth in in eo me in this region had about matehed that of the Nation.

This differential showing between the Great Lakes States and the Nation cen­tered in manufaeturing, which aceounts for nearly two-fifths of all ineome in the area. Earnings disbursed to individuals employed in factories inerensed one­tenth in the region, eompared with a rise of one-fifth in the rest of the eountry. The influence of this below-average ad­vanee in manufacturing is further em­phasized by the fact that the region's relative inereuse in nonmanufacturing earnings from 1957 to 1962 was also the smallest in the country.

As noted previously, this analysis assumes that the economy in 1962 was at generally the same eyclical point as in 1929, 1947, and 1957. Though gen­erally true, the fact that the Nation's industry has been operating well below optimum and eustomnry rates for the past 5 years has had 1m unusually damp­ening effect on ineome expansion in the Great Lakes. To the extent thn,t present operating rates are a temporary factor, the relative income lag in the Great Lakes States in recent years may be lessened somewhat.

11

Plains

Total income growth in the Plains States from 1957 to 1962 matched the all-State average of 25 pereent, while the inerease of one-fifth in per eapita income ranked as the largest in the Nation.

The 1957-62 ineome experienee of this region is in line with its long­term tendeney to receive a eonstant share of the national total of personal memne.

Developments in this region also illustrate the versatility of the personal ineome measure in assessing the strengths and weaknesses of an area. From 1947 to 1957, the share of the Nation's income accruing to residents of the Plains States declined nearly one-tenth. Analysis of this change in the ineome flow indieated that the decline was solely a product of agri­cultural developments which were na­tional in seope, and that the basie economie strength of the region, as measured by ehanges in the nonfarm flow, was unimpaired. Figures now show that with the halt in the decline of farm ineome, there was no further reduetion in the ineome share of the Plains region.

In this eonneetion it is interesting to note the shift in industrial composition that has oeeurred during the postwar period. In 1947, farming aceounted for one-third of all ineome in the Plains, while one-seventh came from manufacturing. By 1962, the situa­tion had been reversed with one-eighth originating in farming and one-fifth in manufacturing.

Southeast

Consumer ineomes in the Southeast rose 29 pereent from 1957 to 1962 compared with a gain of 25 percent nationally. This distinct, though moderate, ineome uptrend in the region contrasts with income changes in the preeeding deeade. In the 194 7-5 7 period, ineome growth in the Southeast little more than equaled the national pace thus suggesting that the above­average rate of economic expansion that had eharacterized the region since 1929 was terminating.

12 SURVEY OF CUHHE~T Bl~~I~ESS

MANUFACTURING PAYROLLS-REGIONAL PATTERNS All Regions Are Now Above Their 1957 and 1960 Cyclical Peaks eThe Impact of Both the 1957-58 and 1961-62 Recessions Was Greatest in the Three Industrialized Regions

Billion$

32.0

28.0

24.0

GREAT LAKES'

1957 58 .S9 60 61 62

Billion$ (ratio scales)

28.0 MIDEAST

24.0

20.0

1957 .58 59 60

Billion$

9.0 NEW ENGLAND

8.0

7.0

6.0

61 62 1957 58 59 60

e In the Five less Industrialized Regions the Cyclical Declines Were Generally Less Severe and Recoveries Were Accelerated by the Underlying Industrial Growth

Billion$

14.0 SOUTHEAST

13.0

12.0

11.0

10.0

9.0 1957 58 59 60 61 62

Billion$ 8illion $

PLAINS 4.0

SOUTHWEST

3.5

3.0

2.5

4.0

Billion $

FAR WEST

12.0

11.0

10.0

9.0

8.0 1957 58 59 60

8illion $ 1.2

1.1

1.0

.9

.s

.7

61 62

ROCKY MOUNTAINS

April 1\lG

61 62

1957 .58 fJ9 60 61 62 1957 58 59 60 61 62 1957 .sa .59 60 61 62

0 'Estimated QuarteriYi Seasonally Adjusted, at Ann!,!a( Rates :U.S. Department of Commerce, Office of .Business Ec.onQmics

April l!l63

The area's better-than-average in­come expansion over the past 5 years m1s both industrially and geographi­cally pervasive. Most major industries have shared in the relative gain and 9 of the 12 States improved their income position. In this connection, it may be noted that a significant part of the Southeast's rapid growth reflects the exceptionally swift income rise in Florida.

Among industries, the most im­portant development centered in manu­facturing. This industry had been the key to the region's outstanding: growth from 1929 through 1947. It had also been the key to the postwar tapering-off of this relative growth. Accordingly, the above average manufacturing ex­pansion in the Southeast from 1957 to 1962-it was exceeded only by that in the comparatively unindustrialized Rocky Mountain States and the Far \Vest region-gives promise of a resump­tion of the region's earlier swift pace of economic growth.

Although population has been a factor in income growth in the Southeast, 11 verage incomes have moved ahead relative to the change in the national figure. The region has improved its per capita standing from a point only 52 percent of that for the Nation in 1929, to within 71 percent of it in 1957 and on to 73 percent of the nationwide figure in 1962.

Southwest

In assessing trend developments in the Southwest two groups of States must be distinguished. In Arizona and New Mexico, incomes rose at rates sub­stantially better than those in the Na-

Corporate Profits-

( Continued from page 5)

In the last half of 1962, corporate out­put rose $6}:; billion above the figure for the first 6 months. Of this, $3 billion was paid out as compensation of em­ployees; $1}:; billion was charged to capital consumption allowances and in­direct business taxes; while the remain­ing $2 billion accrued to corporations in the form of profits before income taxes.

~ince the end of 1961, when the early

SURVEY OF CURRENT BUSINESS

tion. The increase in Arizona was exceeded only by that in Nevada. New Mexico's gains too, though less spec­tacular, were among the largest in the country.

Developments in these two States represent extensions of long-term growth trends. From 1929 to 1947 and again from 1947 to 1957 these two States ranked third and fourth in the Nation in terms of relative income gain.

For Texas and Oklahoma, the pic­ture is somewhat different. Income expansion in each matched the national rate of growth from 1957 to 1962. In both States, this represented a break with past trends. In Texas, growth from 1929 to 1957 had been outstand­ing; in Oklahoma it had fallen short of the national average.

Rocky Mountain

The long-term income uptrend in the Rocky Mountain States had been inter­rupted in the early postwar years by the general decline in agricultural in­come. After a 1929-47 income record that bettered that of the Nation by a substantial margin, the rise in overall income from 194 7 to 1957 no more than equaled that in the Nation as farm income fell by one-fourth.

With farm income in 1962 holding to its 1957 level in the area, aggregate income resumed its better-than-average expansion. The basic uptrend of in­come in these States is evidenced most plainly by abstracting from the direct impact of agricultural changes. From 1929 to 194 7 and again from 194 7 to 1957 nonfarm income in the Rocky Mountain States rose more rapidly than in the Nation. Over the ps.st 5 years, this trend has continued.

phase of the cyclical recovery had been largely completed, quarterly changes in corporate earnings relative to corporate output have been small and offer little insight to longer-term developments in the distribution of corporate output. However, it is of interest that corporate earnings have maintained or increased their share of corporate output for 7 quarters now since the beginning of recovery from the 1960-61 recession. In other postwar recoveries profits as a percent of corporate output have de-

13

The above-average experience of this region reflects mainly the exceptionally rapid growth in Utah and Colorado. In turn, the prime impetus to economic expansion in these two States has been manufacturing.

Earnings of factory employees in the Rocky Mountain States, the least in­dustrialized of any region, jumped nearly one-half between 1957 and 1962. In contrast, income from nonmanu­facturing sources expanded at about the same rate as in the country generally.

Far West

In each of the periods studied, the top-ranking regional increase in total personal income was registered in the Far West. Thus, the recent period trend of income in this dynamic region is simply a continuation of its basic trend. The 1957-62 record performance of the Far West's economy reflected larger-than-average gains in all major industrial sources of income. Although the largest increases were in manu­facturing, government, services, and finance, the record growth of this region was broadly based.

For the period as a whole, rapid economic expansion in the area has been accompanied by a similarly rapid growth in population, the sharpest in the Nation. In consequence, the rela­tive growth in per capita income has been among the lowest in the Nation, only matching that of New England and barely exceeding that of the Mid­east. Over the most recent period, 1957-62, the growth in per capita income in the Far West has about matched that of the Nation as the popu­lation rise has slowed somewhat.

clined at an earlier stage in the cycle .. The full-year 1962 data moderate

the continuing decline in corporate profits shown for the 1957 to 1962 period in the November report. Asso­ciated with the reduction in the profits share was an increase in the proportion of output absorbed by indirect business taxes and capital consumption allow­ances. The split of the remaining portion between employee compensa­tion and property income does not appear to have changed since Hl57.

by JEANNETTE M. FITZWILLIAMS

Size Distribution of Income in 19 6 2

THE personal income of families and unattached individuals totaled $419 bil­lion1 in 1962, up $23 billion from 1961. This rise compares with increases of $14 and $16 billion in the 2 previous years.

Average income per consumer unit was $7,140, as compared with $6,920 for 1961. The modal or most frequent amount in 1962 was $4,720. while the median income-the amount that di­vided families and unattached individ­uals into two equal groups~was $5,840.

The consumer units receiving this in­eome consisted of the 47 million families of two or more persons related by blood, marriage, adoption, and of 11Yz million individuals not attached to families.

In 1962, an estimated 10.9 million units had incomes above $10,000. This

SOURCES OF .AVERAGE FAMILY INCOME Mean family jncome

Wages and Salaries

* T ronsfers are composed of Government pensions, tmemployment and injury compensation, veterans'

benefits, assistance, and miscellaneous.

.uS. Department of Commerce. 0' :e of Business Economics 63-4- I

14

represented a rise of 1million over 1961 for the comparable group. This group constituted 19 pereen t of all consumer units in 1962 eompared with 17 percent in 1961. With the upward shift of units along the income scale increases were also registered by the intermediate groups having incomes of $6,000-$10,000. These were estimated to con­tain 17.5 million families and un~tt­taehed individuals, a rise of 0.8 million over the previous year. Since the number of new entrants into this group is partly offset by the number of those leaving it for higher ineome elasses, the proportion of units-- 29 pereent--is identieal with that shO\Vn in 1961.

Rise in real income

·when the increase in personal income is corrected for price changes, average real income is found to have risen 2 percent above the 1961 level--an in­crease of $160 in real purchasing power.

Increases in a veragc family incomes have occurred in most years of rising total income. In trrms of 1 !)62 dollars, consumer units in 1929 had average incomes of $4,250. By 1947, this average had risen to $5,450, showing an annual growth rate of real income of 1.4 percent for the period. For the entire period 1929-62 the averagr rate of growth was 1.6 perernt. The rate for the postwar period alorw \Yns 1 .8 pereent with tt slight dcdine in the most recent period.

earnings from self-employment, divi­dends, interest, rent, and transfer pay­ments. In addition to these usual cash receipts, it also includes imputed items such as food and fuel raised and con­sumed on the farm and the net rent of owner-occupied dwellings.

The accompanying table and chart show how average family personal in­come is nlloea ted among the various types of income receipts. These aver­ages were obtained by dividing the total income of each type by the total number of families and unattached individuals and do not indicate, there­fore, average amounts received by units primarily dependent upon specific sources.

SHIFT OF CONSUMER UNITS INTO HIGHER INCOME CLASSES SINCE 1947

In Both Current and Constant Dollars the Number Above $5,000 Increased

Number of consumer units (Millions)

60- 1962

$10,000+

50 - 1947

40-

Transfers and property incomes lead 20 -tlte rise

Family income is the sum of the incomes received by all family members from all sources. It includes wages and salaries net of social security taxes,

1 Aggr<.>gatL' family JWr~onal income rxelwJes inconws rc­ccivPd by nonprofit institutions and rNt<lin mi1itary per­sonnpl and then•fon• dift'(•rs from tlw tot:1l of rwrsonal income rPportL•d in the prt'C'L'ding <trticlt•.

0

US. Department ol Comme1Ce, Olf1ce of Business Economics 63-4-6

A11ril 1963

Table I.-Average Family Personal Income Before and After Federal Individual In­come Tax Liability and Average Annual Earnings Per Full-Time Employee

1929 ___ -

1947 ___ -194R ___ _ 1949 ___ -

1950 ___ -1951_ __ _ 1952 ___ -

1953 ___ -1954 ___ -1955 ___ -

1956 .. --1957 ___ -1\158 ___ _

1959 ___ _ 1960 2 __ _

1961 2 __ _

1962 , ___

~utnlwr

I A vt'rage (1nran) personal 1

income per family and ! A VPrage unattacht•d individual i (rnean)

annual ~~~~f~~:;;~~l--------,--------1 ('arnings BPiore tax I .\ ft<•r tax ppr full-tached

individ­uals

-----,---1 time em-1 I ploy<'e (in

(millions) Tn cur­rent

dollars

In In cur-~ In ! current IU62 rt'llt 1962 i, dollars) dol- dollars! <lol-

lars 1 Iars I i

3(i.1

44.7 46.3 47.8

$2.340 l$4. 250 l$2. :l20 $4.220 I 4. 130 5. 450 3. 720 4, 910 4. 3.50 5, 430 ·l. 010 5, 010 ' 4, 170 5. 250 3, 860 4. 870

48.9 4. 440 5, 520 4. 070 5, 060 49. 5 4, 900 5, 720 4. 420 5. 150 50. 2 5, 120 5. R50 4. 570 5. 220

50. 5 5, 390 6. 090 4. 810 5. 430 51. 2 4. 360 5, 990 4. 840 5. 420 52. 2 5. 640 6. 280 5. 090 5. 670

52. 8 6, 010 6. 580 53. 6 6, 240 6. 640 54. 6 6, 280 6. 560

M.3 56. I 57.3 5K6

fi.620 6, 8!0 6. 920 7, HO

6. 810 6. 930 6, 980 7,140

5. 400 5.610 5,670

5. 940 6.no fl. 210 6.400

5. 920 5. 970 5, 920

6,120 6. 230 f\. 270 6. 400

$1.405

2,589 ~. 795 2.851

:l.008 "j 'l'l]

3:414 3. 587 3, 670 3. 847

4, 03f! 4, 205 4.34f>

4, 5fl~ 4, 707 4,843 ,o, 024

1. The price indexes used as deflators arc those employed in deflating the personal consmnption expenditure serie8 in the national incon1e accounts.

2. Includf's Alaska and na·wrrii.

SURVEY OF CURRENT BUSINESS 15

Table 2.-Distribution of Consumer Units and Their Income by Family Income Level

Family P('rsonal in· comp (twforeinconw taxes)

Under $2,000 ..... $2,000-$:3,999_ $4,000-$.),999_--­$6,000-~7,999_-­$8,000-$9,999_-- ..

$10,000-$14,999 $1.),000 and owr_ ..

TotaL ..

l1n<IPr $2,000 .... $2,000-$3,9\19_---. $4,000-$5,999_ $1\,000-$7,999_­$8,000-$9,999 ...

$11),000-$14,9\19 $1.5,000 and over ___ .

TotaL_

Numh~r of families and unattached individuals 1.\ggregate family personal income (billions of (nnllions' dollars)

19.J7~~5 -,195fi 11957,1958,1959,1960 ''19(i] +962'1 19471195.5119561,-1-9-57-.ll-9-58-.11_9_5_9,11_9_60_17

11_9_0_\ ·,,-19_6_21

11.1·1 B.zi 7. 71 7.61 7.7 7.51 7.'ll 7.2 7.1113.2 u.3 8.7 8.6 8.6 8.41 8.2 8.0 7.8

~~:~ :u g:~ :u1 :u :u g:~ :u :g:~~ ~u ~n ~u ~~:~ ~u ~t~ ~u ~u ~n 3. 8 8. 5 8. 8 \1 ,jll \1 4 9. 9 10. 2 10. 5 10. 8 26. 0 .5S. 2 fll. 0 f)4. 3 64. 9 68. 5 70. 5 72. 8 74. 6 1. s 3. 7 4. 5 5 o 5 1 5. 7 5. 9 6. 2 6 .. 7 13. a 32. 5

1 39. 7 44. a 45. 1 .so. 5 52. 5 55. o 59. 5

1. 2 3. 1

1

3. 8 4 a 4. 7 5. 3 5. 9 6. 3 6. 9 11. 3

1

• 36.9145.6151.9 .>5. 9 6:3.2 71.1 75. 1 o2. R . 8 I. 8 2. 2 2 5 2 fi 3. I 3 .. 5 3. 6 4. 0 22. I 4X. 9 57. 5 !\4. 7 ll6. \1 78. 8 85. I 89. 7 \)9. 7

44.7 52.2 52.8 5:3.6154.6 55.:3 56.1! 57.3 58.61184.6291.2.317.4.134.6:l4:J.:l365.8.381.9396.2418.8

251 :JX 20

9 :l

3 2

100

If> 2.1 26 Hi 7

100

Percent distribution

i~l iYl ~~1 ~~1 18 181 14 201 111 11! 7

1

11 1

~~il ~~~ ~~I g/ 1001 1001 woi 100:

11

100

IIi[ I~

I

100[

31 2l 21

g :~1 1 ~1 191 19 18 !3 14 14

lfil n'l 191 19 21 22

1001 100 100

zl 2 Hi 8

15 14 18 lk 14 14

19 20 23 24

100i 100

1. lnclwk~ .\Iaska and Hawaii.

Tahle 3.-Histribution of Consumer Units by Heal Income Level

Percent distribution I Numh~r o~ f~milies an_d .unatrnrhed I Family personal income in I mdJvHiunls (milhons) --.----.--.---.--.---.--

10tl2 dollars (hefore incom(' I I I I I I I I [ I I I I taxes) H12!1 \!1-1 1 \!147 l~!i\1 1\JfiO 1 Will 1 1%2 ~~ 192ll 1 Jn41 I 1\117 1

I\Jfi9 1!100 1 1961 1 l!lfi~ 1

I

I

.

I I

I Under $2,000 ....... 11.2

I IJ.:l 7. 2 7. :{ 7. I i. 1 7.1

$2,000-$:3,999 ___ --. 1~1. 9 11.9 12. ti Jll. g 10.!1 11.0 10.9 $4,000-$5,999 .. ---- -- ;).{) !1.2 11. 7 11.9 12.0 J:!.:J 12.2 $6,000-$7,999 ____ -- :.!. 4 4. 8 fl.O 10. I 10.2 10.;) \0. ~ --- I I $8,000-$!).999 ... - 1.1 1.8 :l.l n. o (i.l n.:) li. 7

$10,000-$14,99!) .. -- --· ~ 1.9 2 . .j f :.!. {; ;). 7 H.:.! H . .J

I

n.u $15,000 and over. ........ I L ;i :l. 4 :t f) :~t 7 4. 0

TotaL_ ~----- - 36.1 41.4 4-1.7 55.3 56. 1 57.3 58.fi

I. Includes .\Iaska and Hawaii.

I ,

! I

:n "27 I Hi I I ;)\} '2!1 I :.!~ i 1[> '2'l ~fi

I 7 12 H :; .j 7 I

I

'} :. I> ;J ti !I :; I

100 100 100 i !

I

I 1"l I 1:J :.!0 I 19 I

I 2:.! 22 IH I lo I

! I 11 11

I 10 11 I li I li I

1001 1001

12 i IH , :?:? ' IS I

11

11 7

100 1

1' !\ I

I 2 I I ' I I'

' I(

Table 4.-Distribution of Consumer Units and Their Family Personal Income by Family Personal Income Level, Selected Years

Family Jlersonal income (before income taxes)

Under $1,000 .... --------------$1,000-$1,999 .... - . -------- ----

Number of families and unattached individuals (thousands) Aggregate family personal income (millions of dollars)

1944119461194711!150 1195511956119571195811959119601119fill 1944 11946 IIU47 11950 11955 11956 I H/57 119.58 119.59 11960 I 11961'

4, 352\3,826 3, 748 3, 8filll}8 ? 41 1 I .,, .,13 • i r 2. 39ol 2, ol7

1 1 9731 1 943} I

1 I I i

8, 108 7, 606 7, 370 7, 464 ,. 7,713 7,641 7,680 7,500 u I, 1941)12,3381 11231 11:231111:333 9,3261' 8,688i b,584 1 8,585 8,377 8,172'1 8,011 8, 762 8, 791 8, 459 8, 091 5, 917 5, 397 5, 374 5, 510 5. 294 5, 178 5, 138 21. !138' 22:007 21, 176 20, 273 14,871 13. 555i 1:1,483 13,817 13, 282 13 006 12,90 7, 723 8, 590 8, 628 8, 586 7, 339 6, 796 6, 490 6, 629 6, 150 5, 938 5. 9731 26, 9(i01 29, 90tl 30, 0·15 29, 983 25, 815 23,8791 22, 7.58 23, 252 21, 564 20, 818 20, 93 4, 535 5, 364 5, 725 7, OM 7, 328 7, 401 6, 806 6. 810 6, :JJ6 6, 165 6, 2791 20, 2fH Z:J, 956 25, 583 31, 533 33, 021 33, 321 30, 62:3 30, 597 28, 401 27, 721 28. 23

6, 201 6, 228 6, 042 5 9981 6, 109 13 7391 16, 725 IS, 9571

25, 603 34, 648 34, 208 33. 980 34, 207 33, 201 32, 977 33, 566 ~~:8&8=~~:~~~:::: - ------- u~~ g~~ ~:m ~:~~ ~:~~~ ~:~t~~ 7,5.52 7.5981 7.829 7:\li!t 8,24.5 14·9,121IG,833 20,812 25,578

1

46,311 4~.lli5 50,472 50,877 52,566 58,700 55,404 $7,500-$9,9\:-1\L _____ ============= 1,:385 1,751 2,110 2,758 5,20:1 6,115 6,779 6,879

1 7.730' s,ou2 8,432 u:so2i 14,905 IR,4.54 2:3.364 44,168 52.484 58,15? 59~111 66,387 69,251 72,416

$I0,000-$14,99<J_________________ 70711, ow: 1,199 1, 5361 s, 068 3, 794 4, 3121 4, 669 5, 294 5, 91il 6, 279 s, 4S:JI1 12.784 14, 3oo 18.3101 36.910: 45,658 51,883 .55, 862 63,168 71,130 75,084

$2,000-$2,999 .. ----.----------­$3,000-$3,999_--------- ------­$4,000-$4,999_ ------.---------.

$15,000-$19,999______________ 24tl 3321 386 4141 883 1,!12 1,289 1,372 1,738 1,946} !4,215 .5,692 f>.:i~l'l 7,08l 15.12'!1 19,081 22,!17 23,515 29,630 33,218} $20,000-$24,999 .. __ __ __ __ __ _ __ _ 1081 143 167 218, 378 432 4P5 518 590 G52 2, 39.5 3, 165 3, 700 4, 826 8, 3821 9, !HI ll, 006 ll, 5ll 13, 100 14, 455

I I 13, 641 i 89, 671 $25,ooo-H9,999.______________ 140 191

1

208 2941

1

452 512l 564 ,o77 n371 1\94 4,6ol 1 6,308 6,879 11.74:1 15,140 17,242 18.9t.:l 19,178 21,056 22,790 $W,OOOandover._.__ _____ 40 54 ,55 84 115 1~5 147 \50 1801 172 3,6071 4,837 4,90217,69010,213 11,546 12,1\3\> 12,71515,06014,669

TotaL.________ __ ___ __ 40,880 13,330

1

44,740 18,890152, 170152, 8sols:J, 650I54, 620 55, 3oo

1

s6, 06o157, 2'Jo! 147,121:170,7051184,598 211,2621

294,239 317,448 331, 617j:l43, 2571365,795 381,907 396,228

c\ wrarre (mean) family per· : : : i I I 1 1 I I ,. . 1

.. ~ . , ! . : . 1 . I 0

I i . I sorwl mcome ______________________ ------~------~------~------~ -----~------~ __ , __ -~-- ---! ---J~:~614~ $3, 940~ $4, ~~~~-44l $!\, 640j $6,007[ $6. 23~! h 2R4j $6,615

1 $6, 812l $6, 9Hi

Under $1,000 .... ______________ _ $1,000-$1,999_ --------------$2,000-$2,9!)9 _______ -------- --$3,000-$3,999 _______ --------$4,000-$4,999.---------------

$5,000-$.5,999 --------------­~6,000-$7,499. --------------.­$7,500-$9,999.------------.-

$10,000-$1-1,999.------------$1.1,01Kl-$19,\l99 _________ --- ---$20,000-$24,U99 ________ -- --·--

$2.>,000-$49,999. ----­$50,000 and over._

1\wccnt (listrihution

--~3-:~~~~--~-~--:~~~~-~-~:-~-~~7-5:~~11}--~5-.8,1I--H-.-6~/-~-4.-2~~ -~-4.~~~~--~3-.6··1-~-3-.o"l--~-z.-s~l{--~-:~~~---~-,:~~,~!--~-:i7

11 --~-:~~~~}---3.-2~1 --2-.7~~--2-.6·;1--2-.5~-2-.3·li---2.J--~o 8 9 I"· 6 11. 3 o · o ro 1 " ·1 ' ol 91 9 •.1 .. , 1 4 31 o o 6 I 21.4

1

20.3 1 . "

1

1 . 2

1

1 . o 12

.. 1

"· u .1. 2 11. 1

118~ .. 31

, 12. : 116

1.. 3:1

1 "I .o. 11 . 4. 4. 3. :1 41 a. 3

18. 9l 19.8 19.3 17.6 11.1 1 12.9 12.1 11.1 10. "I 10. j 17. "' 13.8 8. 8, 7. s1 6. sl fi. s 5. 91 5:5

1

5. :l 11.1 12.4l 12.8114.4

1

14.0114.0 12.7~ 1

12

1

.. ~~11.4! 11.0 11.0/ 1:!.71 11.01

1:3.81 14.51 11.2i 10.5; 9.1 R9, 7.8 7.3 7.1

621

711 7.8; 9.6 12.1 11.8i 11.61 "lwu! 10.7: 10.7' \1.3 II.R! 10.21 11.81 1!.81 10.8· 10.11 JO.o! 9.1 8.6 8 .• o 5:s .<9, 1.01 7.9 13.:1 r3.G! 14.1 13.9 14.1: 14.:1' 14.! 10.1. 9.9, 11.:JI· 11.s ~~-~,·-~' lfl.21 1s.11 ~~~~--~2 : 14.4

1

14.11 14.o 3.4 4.0, 4.81 5.6 10.01 11./ij 12.fil 12.fi 14.0/ 11.41 J.!.7, x.o 8.7 10.0 !0.81 - II\ 51 1741 I IS.! 18.11 18.3

1:~ 2:~1 2~1 3:~ n ~:ii H ~:~ dl ldl111 o:lj J:~ :~:~! ~AI u l?,:f ~~:gl' \~:~i 1~:~1 l~:r 1861 18' .:l _

31 _41 .4 7 .8' .9 .9 1.1 1.2 1.6 1.!!1 2.0 2.2 2.8 :l.O ... 31 3.4 3.6 ~6:_.0~~~~ 22

:f 1oo· •. 4oll :~~~ 1oo·.·~o loo•.~o·l 1.~ ~:~ !.1 !.~~ 1 ~~f 6 3 U ~~~ ~:~ q :UI1o3o,:.iolllo:oi:.~oil ~·~! n 3.8 TotaL ________________ .. 100.01 100.0 100.0 100.01100.0 100.01100.0! 100.0 100.0 100.01/ 100.0 100.01 100.0 100.0~ 100.0 100.0 100.0

1. Includ<•s Ah1ska and Hawaii.

16

Table 5.-Sources of Average Family Per­sonal Income (Before lncon1e Taxes), 1947-62 1

Wages Self-em-~ Property I Transfer Year and )~o!o~~~t incomes / 11t~:rfts salaries

---____ , ________ 1947 ______________ $2.632 $790 $459 I $261 1948 ______________ 2,803 865 485 ! 242 1949 ______________ 2,695 742 510 259 1950 _____ --------- 2,848 766 564 308

1~51__ ____________ 3, 250 853 582 253 1952 ______________ 3, 474 834 603 26:J 1953 ______________ 3, 717 799 fl36 282 19.54 ____________ ,_ 3,630 783 669 321

195.5 _____ --------- 3,833 799 701 ' :J38 1956 ______________ 4,094 814 7:l9 :360 1957-------------- 4,220 814 79:! 4lfJ 19.58 ______________ 4. 168 828 806 483

1959 ______________ 4, 441 825 856 493 1960 ·-- ---------- 4. 591 808 I 896 517 1961 '·- ---------- 4. 609 815 920

' 57'1.

1962 '------------ 4, 771 I 830 I 961 579 I '

L Prior to 1956 the sum of t!Jesc sources will not round to the average income shown in table 1. The above fWerage sources are based on the revised personal income series pu h~ lished in U.S. Income and Output, whereas the averages in table 1 are those that accord with the previously published distributions.

2. Includes Alaska and Hawaii.

Over the postwar period all income components have increased. The most r~tpid rate of growth has been in transfer payments which are now 2.2 times their 1947 level. Property incomes have increased almost as markedly, and, ns was pointed out in the April 1962 article, their receipt is more widespread among income classes. Wages and S<tlaries at 1.8 times their 1947 level are, of course, the largest single source of income and account for about 67 per­cent of the total. The near stability of self-employment income is due pri­Jllitrily to the relative decline in the importance of agricultural income in the aggregate of family personal income. The average income from all sources of farm operator families, data for which are separately available, has risen only 40 percent since 1947 compared with n rise of about 70 percent for all con­sumer units. The rise in income from nonfarm self-employment was on a par ;vith the increase in wages.

Despite the marked rise of transft>r payments, they still <tccount for only a small portion of the incomes received by families and unattached individuals, appt'oximately 8 percent in 1962. The changes in their composition tlwt have taken place, however, have had impor­Lmt effects upon the family distribution by income size. An increase in retin•­ment income, for example, encouragt'S the• St"tting up of separate households

SURVEY OF CT~RRENT BUSINESS April 11)6.3

Table 6.-Distribution of Families and Their Family Personal Income by Family Personal Income Level, 1955-61

==========~==================~==================-=--~-~==

Numher of families (thousands) ~-\ggregate family personal income (millions of dollars) Family pers(Jnal

income (before income taM'S)

19551195611957 1195811959,1960 I 11961I 1955 119513 11957 11958 11959 11960 I 119611

l:nder $2,000_ ------ --- 3. 94S :l, 664 3, 573 3, 511 3, 502[3. 370 3, 2:l2 4, 890 4, 500 4, 376 4, 281 4, 254 4,103 3, 934 $2,000-$2, 999 _______ --- :l, 808 3, :l45 3, 279 3, 339 3. 178 3, 088 3, 024 9, 636 8, 446 8, 261 8, 444 8,020 7,7% 7,634 $3, 000-$:!, 999- - -- ------ 5, 8H2 .5, 278 4, 869 4, 911 4, 406 4,170 4.136 20. 703 18,617 17, 135 17,293 1.5, 506 14, 675 14,551 $4.000-$4, 999_- ------- _ II, 5()1 fi, 539 s. 827 5, 733 5, 175 4, 943 4, 964 29,609 29,491 26, 276 25,822 23,326 22,279 22,364

$5, 000-$.), 999_- -- --- -- 5, 943 5, 788 5, fi60 5, 627 5, 396 5, 315 5, 358 32,599 31,745 :n. o4o 30, 930 29, 673 29, 245 29,466 $6,000-$7, 499_- ---.--- - (j, 704 (), 935 7. 228 7, 226 7, 392 7, 490 7, 674 44, 843 46,393 48, ~27 48,419 49, 667 50,387 .51,621 $7. 500-$9, 999_- ------- - 5, 065 .), 954 6, fi8() 6, 6H4 7, 493 7. 801 8,134 43.292 51, 116 56,501 57, 274 64,365 67,031 69,888

$!0,000-$14,999 _________ :!,002 3,714 4.217 4,562 5,170 5,811 6,117 36,13644,720 50,7(;1 54,59.161,712 69,479 7:l,l78 $15, 000-$19. 999 ____ . __ . 8ii4 I. 089 I. 2fi4 1, 344 1, 707 I, 912 ) !14, 805 18, 698 21, 679 23, 031 29, 102 32, 648 ) $2o,ooo-$24.mm ___ ---· 3fi7 421 483 506 577 638 8,140 9,368 10,744 11,2:11 12.809 14.141;

I :l. 55! &i. 796

$25,000-$49,999 ____ ---- 4:lf\ 49.) .144 555 fil3 tl69 114,59616,651 18,273 18,434 20,255 21,9331 $50.000and o\'er._. ___ l!O 128 140 142 171 163 9,690 10.9.>1 11,963 11,973 14,253 13,795

TotaL ________ . _ 42,670 43,.150

11

43,1i70

1

44,120 44,780 45,:!70 46,190 li268,9391

1

290,696 305,336 311,727 332,942 347,5171359,432

.\ verage (mean) family personal I I ' ' ineome _________ ,_ ___ --j : __ -----1 ____ ------,$6.303 $tl,706 $1i,992 $7,0fi5 $7,435 $7,1l60 1$7,782

Percent di:;trihution

Cnder $2,000 __________ _ $2,000-$2,999_-- --------­$3,000-$3,999_ ----------. $4,000-$4,999_- ----------

$5,000-$5,999__------- --­$6,000-$7,499_-----------$7,500-$9,99\L _____ -----

$10,000-$14,999_ ---.---­$1,),000-$19,999_-- ---.--­$20,000-$24,999_ ---------

$25,000-$49,999---------$50,000 and <H·er ______ -_

9. 3 s. 9

13.7 15.4

8 . .j 7. 7

12.2 15. I

S. 2 7. 5

1L I 1:l. 3

8. 0 7. 6

IL 1 13.0

i I 7. 8 7. 4 7. oi 7. I 6. 8 6. 61 9. 8 9. 2 9. 0

11. 6 10. 9 10. 7

I:l. 9 1~. 4 13. 0 12. 7 12. 0 15. 7 Ill.() 16.6 16.4 16. 5 II. 9 13. 7 15. 1 15. 1 16. 7

11. 7 1l.(l IIi. 5 Hi.fi 17.2 17.6

L8 3. 6 7. 7

11.0

12.1 16.7 11).1

7. 0 2. 0 .9

1.0 . 3

8. t)

2. 5 1.0

9. 7 2. 9

1.11 1.1 1.2 . 3 . 3

10.3 3. 0 1.2

1.3 . 3

ll.fil 3. 8 1.3

1.4

~q) ~:J.j1H 1. ,,, . ~. ~~

TotaL_. _________ 100,0 100,0 100. ol too. o . 41

100,0 100: ~~ 100. o[1oo. ol I

1. Includes Alaska and Hawaii.

1.6 2. 9 6. 4

10.1

10.9 16.0 17.6

15.4 6. 4 3. 2

5. 7 3. 8

100,0

1.5 2. 7 5. 6 8. 6

10.2 15. s 18. 5

16.6 7. 1 3. 5

6. 0 3.9

100,0

L4 2. 7 5. 6 8.3

9. 9 15_ 5 18. 4

17.5 7. 4 3. 6

.5. 9 3. 8

100,0

1.3 2.4 4. 7 7.0

8.9 14.9 19.3

18.5 8. 7 3. 9

6. 1 4. 3

100.0

ul 2.2· 4. 2 6. 4

8. 4 14. 5 19.3

~·~!) 4.11

6.31 4. 0

100. ol I

1.1 2.1 4.0 6. 2

8.2 14.4 19.4

20.4

24.2

100. ()

Table 7.-Distribution of Unattached Individuals and Their Family Personal Income by Family Personal Income Level, 1955-61

Number of unattachPd individuals Aggregate family personal income Family fl(_'rsonal (thousands) income (hefore income taxes)

19551 195611957 1 19581 JU59

Under $2,0110 --- --- 4,293 4,049 4,01l8 1,169 3, 998 $2,000-$2,999_ ----- - 2,109 2,052 2,095 2,171 2, 115 $:!,000-$.1,9\19 __ ------ 1,477 1, 517 I, 621 I. 718 I, 744 $-1,000-$4,999_- ------ 767 863 980 1,077 1. 141

$5,000-$5,999_---.---- 378 453 540 601 647 $6,000-$7,499 __ --- -· 221 268 324 371 438 $7,500-$9,999.- -- -- 138 161 193 215 237

$10,000-$14,999_ ---- 66 81 95 107 124 $15,000-$1\1,999 __ ----- 19 22 25 28 31 $20,000-$24,999_ ----- 11 11 12 13 13

$25,000-$4\1,999_.---.- 16 17 20 22 24 $50.000 an <I over_ ___ 5 6 7 8 8

TotaL ------- 9,500 9, 500 9, 980 10,500110,520

:\ verage ( nwan)

I J_J family IJ(•rsonal incomt\ __ -·- ------ ----

1-mh-r $2,000 ___ ·- 45. 2 .J2. (j 40. B :39. I 38.0 $2.000-$2,9\!!i_-- 22.2 21.6 210 20.7 20.1 $3,000-$il,!J!J9_- 15.5 Hi. 0 16.2 lf)_ 4 Ill. 6 $4,000-$4,9!19_ 8_ I 9.1 9. 8 10.3 10.8

$5,000-$5,999_- ·- tgl 4. 8 5. 4 5. 7 6.1 $1i,UOU-$7,4~9- 2. 8 a. 2 3. 5 4. 2 $7,500-~9,\199_. 1.4 l.i 1.9 2.0 2. 3

$10,000-$14,999_- --· .7 .8 1.0 10 1.2 $1.).000-$1\1,999.- .2 . 2 .:l . 3 . 3 $20,000-$24,99\!_- .1 .1 .1 .1 . 1

$2.),000-$,!\J,\J!J9_---.- . 2 . 2 .2 .2 . 2 $.>0,000 and ovc•r ____ .1 .1 .1 .I .1

TotaL .. - 100,0 100,0 ; 100.0 ! 100,0 100.0 I i

'

1. lndudes .\la:-:ka and Hawtlii.

11960 I 11961 I 19.5.5 I 1956 I i

3, 943 3, 962 4, 4~16 4,188 2,090 2, 113 5. 235 5, 109 I, 768 1,837 5,112 5, 262 1, 222 1, :]15 3, 412 3, 830

683 751 2, 048 . 2, 463 501 571 1,468 I, 772 261 298 1,176 1, 368

140 162 779 948 33

} l 324 383

14 242 243 91

26 545 591 9 523 595

10,690 11,100 25, 300 126, 7 52

---- ·-- .. -- $2,063 1$2,816

Percent distrihuti()Il

;]6_ 9 :!5. 7 17. ~ 15. 7 19.6 19.0 20. 7 19. I 16.6 16.6 20.2 19.7 11. 4 11.8 ]:3, 4 14. 3

6. 4 fl. 8 S.l 9. 2 4. 7 5. 2

'· 8 1 6. 6

2. 4 2. 7 .t.G 5. 1

1.3 1..5 3.1 3. 6 . :) !l l l.il 1.4

.I; 10 . g

. 2 !J .7

2. 2 2. 2 .I 2.1 2. 2

100,0 100,0 100.0 100,0

(millions of dollars)

1957 I 1958 I 1959

I 4, 209 4, :l04 ! 4, 123 .5, 222 5,40:3 5, 262 5, 623 5, 959 6,058 4, 347 4, 775 5,075

2, 940 3,277 3, 531 2,145 2, 458 2, 899 I, 651 1, 837 2,022

1, 121 I, 267 1, 456 438 484 527 262 280 291

680 744 802 673 742 807

29,311 31,530 32,853

$2,937 $:!, 003 1$:!, 123

14.4 13. () 12.6 17.8 17.1 16.0 19. 2 18.9 18.4 14.8 15.2 15.5

10-0 10.4 10. 7 7. 3 7. 8 8. 8 5. 7 5. 8 6. 2

3.8 4. 0 4. 4 1.5 1.5 16 . 9 . 9 .9

2. 3 2. 4 2. 4

11960 I 11961 1

4,069 5, 210 6,144 5,441

3, 731 3, 313 2,2zo 1

!

4,08 6 68

4 6

5.2 6,38 5,86

4,1 3, 7~ .

()()

• 28 2, 5

'·:;[ i) '·~ 310 :

' 2, 87 857 ' 873 !

' 34,390 36,7 96

$.3. 21; $.1.:no

1181 I!. I

15. 1 14.1 17. 9 17.4 15.8 15.\

10. 91 !U 9. 6 10.' 6 .) I 6 (

4. 8 I ~ .. . 91 1~ ~

2 .. ) . L7I

2. 3 2. 4 2. 5 2 .. ) 1

100.0 [1oo.o i roo.o 1

1oo.o \ 100. (

April 1963

which characteristically will be found in the lower portion of the distribution. Pensions-OASI, railroad, military and Federal, State or local civilian-have risen 13 fold since 1947. In 1961, the latest year for which details are avttil­able, they accounted for 50 percent of total transfer payments, while unem­ployment and m]ury compensation, veterans payments and assistance con­tributed 21, 13, and 11 percent, respectively.

Changes in distribution

As noted in the accompanying chart, marked shifts have occurred in the number of units classified at the various income levels since the early postwar year 1947. ln that year, about three­fourths of the coHsmner units were fou11cl in income classes below $.5,000 of current income. By 1962, this group 1lecounted for about two-fifths of all consumer units. This decline has resulted in a marked increase iu the percentage of units receiving i11come of between $5,000 and $10,000 and above $10,000. The latter group, in par­ticular, has shown a notable increase from 4Yz percent in 1947 to nearly 19 percent in 1962.

Since substantial increases in prices have occurred over the period, it is pertinent to examine differences in the absolute distributions after abstracting from such changes. The accompanying chart also presents summary informa­tion on the 194 7 distribution measured in 1962 prices. The shifts to the upper income levels are not so marked as in the case of the unadjusted series; nor has the decline of units at the lowest income level been as substantial.

With the exception of recession years, the decline in the number of units at the lowest level-the group under $2,000-­has been continuous. Beginning in about 1956, however, the movement out of this class appears to have slowed down. It should be noted that the number of units classified at the lowest level of income is subject to relatively higher estimating error than is the case for other classes. Detailed and accu­rate information necessary for making reliable estimates of income for this group nre, by and large, lncking and

Sl!RYEY OF CFRRENT BF:-;IXESS 17

Table 8.-Distribution of Farm Operator Families and Their Family Personal Income by Family Personal Income Level, 1955-61

Number of farm operator families (thousands)

Aggregate family personal income (millions of dollars) Family personal in·

come (before income taxes)

19551195611957119581195911950 111951 I 1955 11956 11957 11958 11959 11960 I 11961 I

1Tnder$2,000 ___________ 1,600 1,508 1,427 1.216 1,293 1.160 1,016 1,996 1,887 1,793 $2,000-$2,999 ----------- 972 944 911 850 859 813 7.53 2,409 2,339 2,258 $3,000-$.1,\199 772 754 736 699 695 666 625 2, 680 22,· 64>2022 22 ••• 3566,26 $4,000-$4,999__ 546 536 529 542 515 517 529 2, 447

1. 552 2,109 2, 435 2, 422

1, 634 1, 482 2, 127 2. 020 2, 421 2, 323 2,300 2,314

1, 31() 1. 878 2, 1~0 2, 31i4

$D,000-$.5,999 _ _ _ _ _ _ _ _ _ _ _ 383 387 389 408 386 390 $~,000-$7,499 __ --------- 336 3H 353 407 3!>2 391 $7,500-$9,9\l\1____________ 240 249 255 310 264 298

391 2, 093 2, 116 2, 127 2. 236 2, 108 2, 138 417 2. 232 2, 292 2, 3:>4 2, 719 ?, 4!8 2, 613 ~ ~~ ~w ~~ ~~ ~~ ~~

2, 14f> 2, 786 2. 973

$10,000-$14,999_-----$1.5,000-$W,999 _______ _ $20,000-$24,999_-----

153 42 18

!58 44 19

164 46 19

200 60 24

170 49 20

19:l 224 1, 830 1, 896 721 751 395 410

1, ~157 787 427

2, 387 2, 032 l.Olfi 837

537 450 517 3. 340

$2.5,000-$49,9!)9_--------- 21 4

21 22 27 23 ~~ 1133 26 6

694 371

720 387

714 431

872 530

2, ~~; 12, 669

744 8:~8

5 5 5 $50,000 and over ________ _

TotaL

45t 510 I 5, 087 4, 969 ·t, 856 4, 749 4, 641 4, 540 4, 436 t9, 927 19,952 19,965 21,468 t9, 787 20,571 1 21. 652

5

Average (mean) family personal income _____________ ------ ____________ ------ _____ _ _ $3,917 $4,015 $4,111 $4,521 $4,2M

PPrcent di~trihution

Und1•r $2,000 __ $2,000-$2,9\I!J $:l,IJOO-$:l,~99 __ $4,000-~4,9\!9

$.5.000-$Fi, \1!19 $fi,Oil0-$i,4!!9 __ $7,501)-%U,HU9

$10,000-$14,9f!\l -$1 r.,O!l0-$1H,ntHl_ $20,000-$24,999

$25,111111-$!9,99\1_--~50,000 and over __ _

:lL 5 :30. 3 2\1. 4 19.1 IY.O 18.8 J,i). 2 1.1. 2 1.1.1 10.7 10.8 10.9

i. F. 7. S S. II o. n o. u 1. a 4. 7 5. 0 !), :1

:J. 0 3. 2 3. 4 . 8 . H .U -4 . 4 . 4

. 4 . 4 . 4

. 1 .I .I

25. (i 27. 8 li. 9 !.'\. ,5 14. 7 15. () 11.4 IL I

S. fi 8. 3 H.() 7. S n. 5 5. 7

4. 2 3. 7 1.:1 Ll . 5 . 4

G I . 5 .1 .1

25.5 17.9 14. 7 11.4

8. 6 8. 6 (i. 6

2?. 9 17.0 14. 1 11.9

8. 8 9. 4 7. 8

4. 2 5. 0

L ;; I .5 3.1

.G

.I

10.0 1

12. I 1 1:l. 41 12.3

10. 5 ' 11.2 10. 3

\1.2 3. 6 2.0

u. f) I 11.71 J:l.l 12.0

Ill." I ll.fi w. 7 I 9 .• 5 :J. X 2. I

9. 0 IL ;J 12.8 11.8

10.7 II. 8

11.0 I 9. 8 3. 9 2. I

7. 2 9. 8

11.3 11.3

10. 4 12. 7 12.4

ILl 4. 7 2 5

3. s 3. o I 3. o 4. 1 L 9 L 9 2. 2 2. 5

8. 3 10. 7 12. 2 ll.fj

10. 7 12.? 1 11.4

10. 3 4. 2 2. 3

3. 8 2. 3

i $4. 531 I $4. sst

z~l JLil 11.2

10. 4 12. 7 12. 4

IL 2 i

4. 7 '1 2 . .51.

4. I ~ J 2. [') .

fi.l r.. 7

!(J.I 10. tl

~1. \)

12. H 1:1. I

12. •j

I;l. 4

TotaL _____ _ 100.0 100.0 1100.0 100. o I too. o 100.0 too. o I too. o 1 too. o i 100. o i too. o 100. o i, too. o , 100. o . I .

1. Includl'S .\lnska and Hawaii.

Tahle 9.-Distrihution of Nonfarm Families and Their Family Personal Income by Family Personal Income Level, 1955-61

Famil:v ]Wr~onal income (hefore incon1e taxes)

Number of nonfarm families (thousands) Aggregate fami1y personal income (mi1lions of dollars)

19551195(i 119571105811959119(iQ 1119611 1955 11956 11957 I 1\158 11959 11960 I I 1\1(;] I

Under$2,000________ 2.347 2,156 $2,ooo-$2,\J!J\J ____________ 2, s:J7 2. 4111 $3,000-$3,9(19 ____________ 5. O!JO 4, 52.5 $4,000-$4,999____________ 6, 015 6, 002

2, 14f.l 2. 2!15 2, 31i8 2, 489 4, 13:J 4, 213 5, 2\18 5. 191

2, 20\1 2, 210 2, 320 2, 275 :l, 7ll 3, 504 4, olio 4. 425

I 2, 2111 2, 271 3, 511 4, 4o5

2, 891 7. 227

18.023 27, l(j0

2. (i121 2. 583 G, 107 1\, 003

15, 99,\ 14, 573 27, 09o z;;, 910

2, 72\11 6, 33.5

14,858 23, 400

2,1i20 5, 893

13,085 21,026

$5,000-$5,999 ____________ 5, 5fill 5, 4110 5, 271 11, 21!! 5, 010 4,\125 4, 96I.l 30.507 29.1i29 28,\114 28.693 27. 51l5 $1i,000-$7,499 ____________ 6, 31i8 fi. 591 6, 875 li. 819 i, 029 7. 0\19 7, 2117 42,610 44,101 4.5, 973 45,700 47.249 $7,500-$9,999 ____________ 4,82.5 5,706 6,330 (\,354 7,229 7,504 7,786 41,233 48,981i 54,312 54,1i21 62,100

$25,001}--$49,999___ -------$50,000 and over_ ______ _

$10,000-$14,999 __________ 2,850 3,55!\ 4,054 4,3fil 5.000 .$!5,001l--n!1.999__________ 822 I, 046 I, 218 I, 284 l.li58 $20,000-$24,999__________ :J49 402 41\4 482 557

528 13()

473 124

522 135

~: ~;~ }5, 893 61.5

3, 420 590 (\43 166 157

415 105

34, 305 42. 824 48. 804 52, 208 .59. 680 14,084 17. 947 20. 892 22, Olli 28. 266 7,746 8,U57 10,317 10,61)4 12,3.5H

13, 902 15, 932 17 .. 5!\!1 17, .5G2 19, .510 9, 318 10, 564 11, 531 11, 443 13, 802

2, (\211 2,1il8 5, 77t)l 5, 751)

12,3521 12, 371 19, (llilil20. 000

27, 107 2i. 320 47,7741 48, 835 64, 4871 (it), 915

fi7, 182 70, .510

31.1\74} 13.628 83. 455

21.094 13. 285

TotaL ___________ 37,583 38,381 38,814 39,371 ·tO, 139 40,830 41,754 249,012 270,744 285,371 290,259 .313, 155 326, 946 :J:l7, 7RO

Average (mean) family personal income •• ---- ------ -··--- ------ --··-- -···-- ------ ------ $6,626 $7,054 $7,352 $7,372 $7,802 $8,0071 $S. OW

Gnder $2.000 ___________ _ $2,000-$2,999 ______ ------$3,000-$3,999 _______ --- --$4,000-$4,999 _______ -----

$5,000-$5,999_ -----------$6,000--$7,499 _______ -----$7,500-$9,999_ -----------

$10,000-$14,999 _______ ---$15,000-$19,999_ --------­$20,000-$24,999----------

$25,000--$49,999----------$.50,000 and over _______ _

TotaL ________ _

6. 3 5. 6 5. 5 5. 8 7. 6 fi. 3 6. 1 6. 3

13. 5 11. 8 10. 7 10. 7 16. 0 15. 6 13. 7 13. 2

14. 8 14. I 1:1. () 13.3 Hi.9 17.2 17.7 17.:J 12.8 14.9 16.3 lli.l

7. 6 9. 3 10. 4 11. 1 2. 2 2. 7 a. 1 3. 3 .9 1.0 1.2 1.2

1.1 1.2 1.3 1.3 . 3 .3 . 4 . 4

100. 0 100. 0 100. 0 100. 0

I. Includes Alaska and Hawaii.

Percent distribution

5. 5 5. 4 5. 3 5. 8 5. 6 5. 4 9. 2 8. 6 8. 4

11. 6 10. 8 10. 6

12.5 12.1 11.9 17.5 17.4 17.4 18. 0 18. 4 18. 7

12.5 13.8 14.1

4.1 4. 41 1.4 1.5 8.2

1. 5

1 1. ()I . 4 . 4

100. 0 100. 0 100. 0

1.2 2. 9 7. 2

10.9

12.2 17. 1 16.6

13.8 5. 7 3.1

5. (j

3. 7

100.0

1.0 2. 3 5. 9

10.0

10.9 lli. 3 18. 1

15.8 O.tj a. 3

~:~I 100.0

0. 9 2.1 5.1 8. 4

10.1 lli.l 19.0

li. 1 7 3 3. ti

6. 2 4.1

100.0

0. 9 2. 2 5.1 8.1

9. 9 !.). 7

18.81

!R.O i 6f 3 'I ~ gl·

100.0

0.8 1.9 4. 2 6. 7

8.8 15. I 19.8

19.1 9. 0 4. 0

6. 2 4. 4

100.0

I 0. 8i 1.8' 3. 8 6. If

8. 31 14. 61 19. 7

2g fll 4. 21

~: ti

0. ~ 1.7 a. 7 5. y

~-I 14.4 19.8

20.9

24. 7

i 100. Oi 100. 0

I

.~pril l!Hi:~

Table 10.-Number of Consumer Cnits and Persons, and Aggregate and Average Family Personal Income, 1955-61 ~

I Families and mwttnchcd indiYiduals F<.tmilics Unnttaehcd indi\·idnnls

I I I

NumbPr of persons I Family personal income I Nun1her of persons Family personal income

I Number of

Family P('fSOlltll

I I

I I J I Number of I ineomc '2:..-·,~ar Number of A Ycragp income

rousumcr ;\YPragc I families I A wragc I unatt,whcdl units Total ! numhPr Amount

-I i (millions) Total number .. \mount Per Per m<hvtdualsl

(millions) (millions) P(_'f (billions) Per I Per I , .......... , , ,, I '" ....... ,, , .. m., I ",., ,, I , ........... ,, I Amount I Per

I <·onsumcrl ('apita I consumer I of dollars) LtmilY of dolLlfs) j (doll,lfsl (tlollaro) (billions capita

unit , unit (dollars) I of 1 (dollars) j (rloll:lrs) i dollars)

i ! ' I i I I

I 294.2 ! I

12.7 i 153. 2j I

l\l55_- --------- 52.2 1!12. 7 1 3.12 i D.l\40 I 1, sos i 3 591 l95!i ___________ 52.8 165. R 3. 11 : 317. 4 I (\,007 i 1, 915 i:l. 41 10"· 3 I 3. 50

1957 ___ ----- 53 6 1G9. 0 I 3. 15 I 334. () I o. 2:3s I !, 9'0 43.7 bD. o I 3. (\4 l\158 ___ , ______ 54.6 172.1 I 3. 11 1 ~~~· ~ I 6, 2S4 1, 905 44. 1 tnl.H

1 3. Gfi

1959.---------- 55.3 175. I I 3.17 . .~();). 8 I "· rn., I 2. nno I H.S I Hi-t !i : 3. ii71 1960 1_ -------- 56. 1 178.8 :1.19 I :381.91 !i, 812 2. 1:~g I 45.4 1 Wl.1 I ;;, 71 t%1! --------- 5i. 3 1s1. o I 3.16 i 39G. 2 ~. 9Hi , 2,189 46.2 1

lf)'J, 9 3. G8 I I

t Includes Alaska and Hawaii.

Table H.-Distribution of Family Personal Income and Fedt>t·al Individual JncomeTax Liability Among Quintiles and Top 5 Percent of Consumer Units, 1955-6P

Pfrcent distrih11tion of-I 1 !r .. · 1· ·t

Qttintile I I\Tean ·tn.wtmt of- ! I _.o\H.'~ m~.Ol~le nut • ' ; , , _

1

ot qumttle z 1-------,-.----:---- ' I i l<\X i

Famil\' I Tax I ,\Iter- , Fal_nil:·r· .Tax I .\fter- I r:l~e I Before- I :\fter-person;,l I liability I tax II;ersonttl lnhilit~ . tax (peicent)l tax basis tax hasis income I income (~\~J!~:,';) (dollars) j ~~\~~~~\'; 1 (dollars) 1 !dollars)

I '

l»iifi L<nvest_ ________ _ ., :3 -----------------4_ ----

Highest_ _____ _

TotaL __

Top.) percent__

1Y66·. Lo\vest ___ _ 2 .. ;;__ __ _

'---­Highest_

Total_ __ _

Top .i pen·ent_

H)fi7 LD\\'f'SL ---2 .. :; L ----------------

l!ighest ____________ __

Total_ ________ __

Top .) percent_

195~: Lowest. ______ __ 2 .. ;J 4 ___ --------------

Highest_

TotaL _________ _

Top fi percent_ ______ _

IVfitJ· Lowest. ______________ _ ., :3 ___ --------------4 -----------------

Hig best_ ____________ --

TotaL~~--~ __ ---

Top 5 percent_ _______ _

19ti0:.' Lowest. ______________ _ 2 -----------------:3 ------~----------4_--- --------------

Highest_ ___________ __

TotaL~ ____ -----

'Top 5 percenL~-------

19(;1:' Lowest_ ____________ __ 2 .. ------ -~--------3 .. ------- ---~-- ---4 -----------------

ITighest_ __________ ---

TotaL~ __ -------

Top 5 percent_ _____ __

4. 8 11. 3 Hl. 4 22.3 4.1. 2

100.0

20.3

4. 8 11. 3 lli.3 22.3 4fi.:)

100.0

20.2

4. 7 11. 1 w.a 22.4 45. 5

100.0

20.2

4. 7 11.0 Hi. 3 22 .. 5 4,\, 5

100.0

20.0

4. fi 10. 9 lll. 3 22.6 45. 6

100.0

20.0

4. 0 10.9 16.4 22.7 45.4

100.0

19. 6

4. 6 11.0 16.4 22.6 45.4

100.0

19.6

1.4 11.0

10. g 18.9 02.8

100.0

:39.2

1.5 (i, 2

11.0 111.0 62.8

100.0

38.5

LS n. 2

II.:l H\.9 ()2.1

100.0

:38.3

1. .5 6.0

11. 5 19. l 61.9

100.0

37.6

1.5 6.1

11.8 19.0 61.6

100.0

37.2

1.6 6.3

12.2 19. 1 60.8

100.0

36. 1

1.6 6.3

12. 2 19.0 60.9

100.0

36.2

5. 2 11. II 17.0 '2:2. 7 43.2

100.0

18.2

5. 2 11.9 w. ~}

:2:2.ti 4:3.4

100,0

18. 1

.i.O 11. 7 Hi. u 22. 8 4:l. (i

100.0

18.1

;),0

1l.!i Hi.S 22.9 43. 7

100.0

18. 1

4. 9 11. 5 Hi.S 23.0 43. s

100,0

18.0

4. 9 11.5 lti.S 23.1 43.7

100,0

17.7

,\, 0 11. 5 11i. 9 23.0 43.6

100.0

17.7

L 3t);) :l, 200 4, liill r; ·>qo u: 722

22,.SH3

1,4:!7 :3, ·101 4, 89K n. mn

1:3,1i0l

6, 007

24,210

1.·!1!2 :J. ·171 :), OS/ H, 9ti:3

1-1,1~:.

6, 238

1, 47:2 :;, 4SO 5, Jl;') 7, on:)

14,2\12

6, 28<1

2.5, 124

1. fil3 3. 015 5, 3~l()

1J,:m 6,615

26,400

1, .:ifiO 3 7')~

.< r,74 7, 724

15,479

6,812

26,69.5

1, fl03 3, 80.5 5, ()()5 7, S29

15,678

6, 916

27,050

au lf);)

:ws ;):_?()

1, 72~

550

4, 317

604

630

.,t.) lrifi 35:3 ;)~7

1. !10.)

615

4, 628

f>l 207 3\J7 ii42

2,081

676

5,020

fi-t 2J;, 417 ()."!8

2,087

686

4, 957

57 223 42\J Gil

2, 147

705

5,105

l. 311i :;,o:l:i -t.:l:lli .\ 770

10,11\J{

5, 090

18, .i/0

1, :l\11 :J, 215 -l,.'i()f)

n, 120 11. 724

1. 413 3, 2/:) 4. 7:ll t-i,3S!i

12.232

5, 608

20,317

l, f27 3, 2\1-! 4. 7!i2 li, -t71i

1:.?, 3~7

5, 669

1.4(i2 3, 407 4, 9U9 6, 832

12, 91J5

5, 939

21,382

1, 50fl 3, .110 fi, 1tl7 7, 01\6

13,392

6,126

21.738

1, !i46 3, 583 .\2;{{i 7,1.18

13. 5:ll

6,2ll

21, \J46

2. u .l. 1 fi. 4 K3

J:l.(i

9.8

18. II

3. 2 5. 5 fi. ~ ~. ,')

13.8

10.0

IG. 2

3. :J ;).lj

7. 0 R. ;)

13.8

10.1

19.2

3. 0 ii. 3 fi. H .~. i3

13. 3

9.8

1S. I

3. 4 .-::.. 7 7. 4 S. ()

13. s

10.2

19.0

3. 5 5. 8 7. [j

8. 5 1:3.5

10.1

18. ll

3. () 5. 8 7. 6 8. 6

13. 7

10.2

18.9

2. 3\!0 3, H20 ;), 370 7. 410

13,070

2, [)-:10

-1, 170 .~. n:-.o 7, 91)0

2, .~)!)0

4. 2'0 .i,\HO 8, 320

14, 5SO

2, tilO

~· ;~o a, ,J,O ."\,4.50

H,700

2, ljj/()

4. roo r.. 320 8.\110

1.\, 740

2, 710 4, (),'",() 6, !}3() 9,260

Hi, 220

2. 840 4, 7:30 5, fi:JO 9,3SO

11i,430

2, 2qo 3, 710 i, \!80 6, 7.50

11,780

2. 420 3, !1~0 5, 240 7, 200

12,480

2,-WO 4,020 5, 470 7, 5\JO

12,990

2, 4'10 4. o:lO .5, fi:20 7, ii!O

13,080

2, ;).l'j0

4,210 5,HOO 8, 130

13, 720

2, H30 ·1. :Jto G,ono 8, 440

14,190

2, 700 4, 420 6, 070 8, 540

14, 3fi0

l. Consumer units are ranked by size of family personal income. In addition to Apri11958 issue of St·nvEY OF Ct'RRE:-<T BusiNESS, see table 3 of "Income Distribution in the United States, by Size, 1944-50."

2. Rounded to nearest $10. 3, Includes Alaska and Hawaii.

268.9 I 1, 7.55 I G.:l031 9.5 25.31 2, 663 zqo. 7 I n, 70fl 1. sr,o 1 9. 5 26.' 2, 811' :JO:i. 3 I ll, 992 i !, 920 10.0 29.3 2, 937

:m:z] 7, ()f);j I 1, 930 I 10.5 31. ., I 3. oo: 1. 43:i 1 2. 02:3 I 10.5 32.9 3.12:

~47. 5 7,()()0 I 2, 067 10.7 34.4 :{. 211 359.4 7, 782 2, 11-5 I 11. 1 3r,. 8 i 3, 31:

I

data becoming available currently have not yet been incorporated in the present estimates.

Concentration in middle incomP levels

In 1947, the heaviest concentration of families and unattached individuals was found in the $8,000-$4,000 incon1e class. \Vi th the increase in n verage family personal income the modal income has risen. This upward move­ment was temporarily checked by the 1954 recession. Since 1956, the mode has been in the $4,000-$5,000 class.

As the distribution has moved up­ward, it has also flattened out. In­stead of a high concentration in one or two income classes, families are now more evenly spread over the middlt> income groups. In 1947, fully 50 per­cent of all units were accounted for i11 the modal class of $3,000-$4,000 awl in the two aclj acen t classes. In 1962, the same percentage of units was spread over 5 classes centered on the modal class. lt is interesting to note that the percentage of units in each of these classes is quite uniform. I\ one of them contained more than 10.6 percent or less tlwn 8.5 percent of the total.

The tendency of the distribution to contain many cL1sses of near uniform concen tru tion is not to be confused with changes in the underlying relative distribution of income. In order to examine the latter, it is convenient to divide the units, arrnyed in order of size, into 5 equal divisions called quin­tiles. Table 11 shows such an arrange­ment and provides the percentage of total income found in each quint.ile as

April 1963 SURVEY OF CURRENT BUSINESS 19

Table 12.-Distribution of Federal Individual Income Tax Liability of Consumer Units, Average Tax, Average Income, and Tax Rate, by Family Persomil Income Level, 1955-61

1955 1956

Federal individual income Federal individual income Family personal income tax liability Average tax liability Average

(before income taxes) family Tax family personal rate personal

Amount Percent income (per- Amount Percent income (millions distri- Average (dollars) cent) (millions distri- Average (dollars)

of bution (dollars) of bution (dollars) dollars) dollars)

Under $2,000 ________________ 204 0. 7 25 1,132 2.2 190 0.6 25 1,126 $2,0Q0-$2,999 _____ - ----------- 684 2.4 116 2, 513 4.6 655 2.0 121 2, 511 $3,00Q-$3,999 ___ -------------- 1,387 4.8 189 3, 518 5.4 1, 323 4. 2 195 3,514 $4,00Q-$4,999 ______ ----------- 2,047 7.1 279 4,506 6.2 2,093 6.6 283 4,502

$5,000-$5,999 ________ --------- 2, 585 9.0 409 5,482 7. 5 2, 572 8.1 412 5, 481 $6,00Q-$7,499 ____ ------------- 3, 983 13.9 575 6,688 8.6 4,147 13.0 575 6,687 $7,500-$9,999 _____ ------------ 4,052 14.1 779 8, 547 9.1 4, 776 15.0 781 8, 583

$10,00Q-$14,999 ____ ----------- 3, 727 13.0 1, 215 12,031 10.1 4,600 14.4 1, 212 12,037 $15,000-$19,999 ____ ----------- 1, 944 6.8 2,200 17,129 12.8 2,443 7. 7 2,197 17, 161 $20,00Q-$24,999 ____ ---- ------- 1,322 4.6 3,496 22, 170 15.8 1,509 4. 7 3,494 22,255

$25,000-$49,999 ___ ------- ----- 3,160 11.0 6, 997 33,524 20.9 3, 587 11.2 7,004 33,667 $50,000 and over _____________ 3, 605 12.6 31,298 88,663 35.3 4,005 12.5 29,771 85,810

TotaL ________________ 28,700 100.0 550 5,640 9.8 31,900 100.0 604 6,007

1958 1959

Federal individual income Federal individual income Family personal income tax liability Average tax liability Average

(before income taxes) family Tax family personal rate personal

Amount Percent income (per- Amount Percent income (millions distri- Average (dollars) cent) (millions distri- Average (dollars)

of bution (dollars) of bution (dollars) dollars) dollars)

Under $2,000---------------- 180 0.5 23 1,118 2.1 191 0.5 26 1, 117 $2,00Q-$2,999_. --------------- 609 1.8 110 2,513 4.4 629 1.7 119 2,509 $3,00Q-$3,999 ____ ------ ------- 1, 229 3. 7 185 3, 507 5. 3 1,200 3.2 195 3, 506 $4,000-$4,999 ____ -- ----------- 1,897 5.6 279 4,493 6.2 1, 818 4.9 288 4,497

$5,00Q-$5,999_ ---------------- 2, 500 7. 5 401 5,492 7. 3 2,481 6.6 411 5,495 $6,00Q-$7 ,499 ____ -- ----------- 4,184 12.5 551 6, 696 8.2 4,425 11.8 565 6, 714 $7 ,500-$9,999 ____ -- ----------- 5,142 15.3 747 8, 593 8. 7 5,860 15.7 758 8, 588

$10,000-$14,999 ____ --- -------- 5,409 16.1 1,159 11,965 9. 7 6,190 16.6 1,169 11,933 $15,000-$19,999 ____ ------ ----- 2,861 8.5 2,086 17, 144 12.2 3, 644 9.8 2,096 17,048 $20,000-$24,999 ___ --- --------- J, 718 5.1 3, 313 22,203 14.9 1, 960 5.2 3,320 22, 188

$25,00Q-$49,999 _____ - --------- 3,R01 11.3 6, 586 33,236 19.8 4,213 11.3 6,619 33,081 $50,000 and over _____________ 4,070 12.1 27,168 84,869 32.0 4, 759 12.7 26,513 83,893

TotaL---------------- 33,600 100.0 615 6,284 9.8 37,370 100.0 676 6, 615

1961 I

Federal individual income tax Family personal income (before income taxes) liability Average

family Tax rate

I I

personal (percent) Amount Percent Average income (millions distribu- (dollars) (dollars)

of dollars) tion

Tinder $2,000_ ---------------------- __ ---------------------- _ 184 0.5 26 1, 115 2.3 $2,00Q-$2,999 ______ ------------ ------------ ------------------- 606 1.5 118 2, 511 4. 7 $3,00Q-$3,999 __ -------------------------- --------------------- 1, 155 2.9 194 3, 505 5.5 $4,00Q-$4,999 __ -------------------------------------- --------- 1, 794 4.4 286 4, 496 6.4

$5,00Q-$5,999 _____ - -------------- ----------------------------- 2,489 6.2 407 5, 495 7.4 $6,000-$7,499 _________________________________________________ 4,629 11.4 561 6, 720 8.4 $7 ,50Q-$9,999 ______ ---------------------- ---- ----------------- 6, 295 15.6 746 8, 588 8. 7

$10,00Q-$14,999__- --------------------------- ----------------- 7, 227 17.9 1, 151 11,958 9.6

:~~~~~~;!;~~~ ~ ~ ~-~~; ~ ~ ~ ~ ~ ~ ~ ~ ~ ~; ~ ~ ~;;;;;;;;;; ;; ;; ; ; ; ; ; ; ; ; ; ; ; l 16,031 39.6 4, 403 24,628 17.9

Total _________ - ------------------------- ------------ --

1. Includes Alaska and Hawaii.

well as the upper and lower limits of each segment.

As can be seen by examining the percent of income received by each of

40,410 100.0 705 6,916 10.1

the quintiles, the relative distribution of income has remained essentially con­stant over the period covered by the table_ This approximate stability of

Tax rate (per-cent)

2.2 4.8 5. 5 6.3

7. 5 8.6 9.1

10.1 12.8 15.7

20.8 34.7

10.0

Tax rate (per-cent)

2.3 4. 7 5.6 6.4

7.5 8.4 8.8

9.8 12.3 15.0

20.0 31.6

10.2

the

1957

Federal individual income tax liability

Amount Percent (millions distri- Average

of bution (dollars) dollars)

197 0.6 26 650 1.9 121

1, 277 3.8 197 1, 935 5. 7 284

2, 533 7.5 408 4,271 12.6 566 5, 191 15.4 766

5,122 15.2 1,188 2, 772 8.2 2,150 1, 691 5.0 3,417

3,867 11.4 6,859 4,294 12.7 29,143

33,800 100.0 630

19601

Federal individual income tax liability

Amount Percent (millions distri- Average

of bution (dollars) dollars)

187 0.5 25 612 1. 6 118

1,152 3.0 194 1, 764 4.6 286

2,449 6.4 408 4, 450 11.6 5.57 5, 994 15.6 744

6, 788 17.6 1, 141 3, 978 10.3 2,045 2,107 5. 5 3,230

4,442 11.5 6,401 4, 547 11.8 26,449

38,470 100,0 686

Average family

personal income (dollars)

1, 123 2, 509 3, 507 4,499

5,480 6, 683 8, 578

12,032 17, 154 22,244

33,623 85,750

6,238

Average family

personal income (dollars)

1,117 2, 512 3, 506 4, 496

5, 498 6, 720 8, 590

11,952 17,073 22,160

32,838 85,326

6,812

Tax rate (per-cent)

2. 4. 5.

3 8 6

6.3

7. 8. 8.

5 5 9

9. 9 12. 15.4

20.4 34.

10.

Tax rate (per-cent)

2. 4. 5. 6.

7. 8. 8.

9. 12. 14.

19. 31.

10.

0

0

3 7 5 4

4 3 7

5 0 6

5 0

shares of each of the quintiles i characteristic of the relative distribu tion of income throughout the postwa period.

Impact of the Federal income tax

As can be seen from a comparison o f the proportion of income in each quin tile on a before and after tax basis, the progressive tax structure has mod ified the relative distribution of income. The share of total incomes received b y the lowest quintile, for example, Ill

creased from 4.6 ercent on a before-ta p X

basis to 5.0 percent after payment of the Federal income tax_ For the high­est 20 percent of the units, the share changed from 45.4 percent to 43.6 percent. If the changes in the tax schedule which are currently proposed

20 SURVEY OF CURRENT BUSINESS April 1963

Table 13.-Distribution of Consumer Units and of Family Personal Income After Federal Individual Income Tax Liability, by Level of After-Tax Income, 1955-61

1955 I956 I957

Number After- tax family Percent Number After-tax family Percent Number Alter-tax family Percent Family personal income offam- personal income distribution of fam- personal income distribution offam- personal income distribution

alter Federal individual ilies and ilies and Hies and income tax liability unat- unat- unat-

tached Aggregate tached Aggregate tached Aggre!':ate indi- (millions Average Number After tax indi- (millions Average Number After tax indi- (millions Average Numbor After tax

vi duals of (dollars) income viduals of (dollars) income vi duals of (dollars) income (thou- dollars) (thou- dollars) (thou- dollars) sands) sands) sands)

Under $2,000 _____________ - ___ 8, 758 10,119 1, 155 16.8 3. 8 8, 212 9, 459 1, I52 I5. 5 3. 3 8, 131 9, 334 1, 148 I5. 2 3. I $2,000-$2,999 ____ -------- ----. 6, 510 16,401 2, 519 12.5 6.2 .'\, 984 15,076 2, 519 11.3 5. 3 5, 959 14,994 2, 516 11.1 .1.0 $3,000-$3,999 ___________ -- ---- 7, 992 28,039 3, 508 15.3 10.5 7, 591 26,686 3, 515 14.4 9. 3 7, 185 25,207 3, 508 13.4 8. 4 $4,000-$4,999 ____ ------------- 8,197 36,826 4,493 15.7 13. 9 8, 152 36,627 4,493 15.4 12.8 7, 649 34, 431 4,W2 14.3 11.4

$5,000-$5,999, __ ------------- 6, 694 36,665 5, 477 12.8 13.8 6, 799 37,295 5,485 12.9 13. 1 6,868 37, 731 5,494 12.8 12 .. 5 $6,000-$7,499 ____ ---- --------- 6,050 40,275 6,657 11.6 I5. 2 6, 378 42,632 6, 685 12. 1 14. 9 6, 821 45,583 6, f>83 12.7 15.2 $7,500-$9,999 ____ ------------- 4,032 34,303 8, 509 7. 7 12.9 4, 932 41,999 8, 516 9. 3 14.7 5, 542 47,205 8, 517 10.3 15. 7

$10,000-$14,999 ____ ----------- 2, 590 30,836 11,903 5.0 11.6 3,205 38,176 11,911 6.1 13.4 3, 675 43,786 11, 914 6.8 14.6 $15,00(}-$19,999 ____ ----------- 729 12,437 17,061 1.4 4. 7 883 15,02fl 17,007 1.7 5. 3 1,023 17.392 17,001 1.9 .~. 8 $20,000 and over _________ ---- 618 19, 638 31, 775 1.2 7. 4 714 22,572 31, 621 1.3 7. 9 797 2.1,184 31,613 1.5 8.3

TotaL ________________ 52,170 265,539 5,090 100,0 100,0 52,8.>0 285,548 5, 403 100.0 100.0 53,650 300,847 5, 608 100,0 100.0

1958 I

1959 1960

Number After-tax family Percent Number After-tax family Percent Nnmb~r I Aft~t-tax family Percent Family personal income offam- personal income distribution offam- personal income distribution offam- per~onal income distribution

after Federal individual ilies and iJieq and ilies and ---------income tax liability unat- unat- unat-tached Aggregate tached Aggre~ate tached Aggregate indi- (millions Average Number After tax indi- (millions Average Number After tax in eli- (millions Average Number After tax

victuals of (dollars) incon1e vi duals of (dollars) income vi duals of (dollars) income (thou- dollars) (thou- dollars) (thou- dollars) sands) sands) sands)

Under $2,000 _________________ 8,082 9,194 1,138 14. 8 3. 0 7, 934 9,037 1, 139 14.4 2. 8 1, m I 8, 79S 1, 139 13.8 2. 6 $2.000-$2,999__ ___ ------------ 6,102 15,3.19 2, 517 11.2

·"· 0 5,8.'ifi 14,713 2, 513 10. fl 4..'\ 5, 714 14, :j,;g 2, 513 10.2 4. 2

$3,000-$3,999 ____ ------------- 7,392 25,936 3, 509 13.5 8. 4 6, 821 23,922 3, 507 12.3 7.3 6, 622 23,229 3, 508 11.8 n. 8 $4,000-$4,999 ____ ------------- 7, 519 33,786 4,493 13.8 10.9 7,090 31 891 4, 498 12. 8 9. 7 6, 906 31,082 4, 501 12.3 9.0

$5,000-$5,999 ______ - ---------- 6,839 37, ,'\24 5,487 12. 5 12.1 6, 730 36, 95fl 5,492 12.2 11.2 6, 727 36,944 .o, 492 12.0 10.8 $6,000-$7,499 ____ ------------ 6, 996 46,717 6,678 12.8 15. I 7, 546 50, 513 6, 694 13. 6 15.4 7, 818 !i2, 383 6, 700 H.O 1.o. 2 $7,500-$9,999 _______ - --------- 5,856 50,055 8, 547 10.7 16. 1 6,611 56, 579 8, 5.18 12.0 17.2 6, 976 59,835 8, 578 12.4 17. 4

$10,000-$14,999 ______ --------- 3, 911 46,413 11, 868 7. 2 15.0 4, .117 53,918 11, 937 8. 2 16. 4 5, 126 f>l, 148 11, 929 9.1 17. 8 $15,000-$19, 999 __ - ----------- 1, 095 IS, cOO lfl, 979 2.0 6.0 1, 269 21,501 16,943 2.3 6. 5

1, ~~~ i 24,486 16,933 2. 6 7. 1 $20,000 and over _____________ 828 26,073 31,510 1.5 8. 4 926 29, 3ll5 31,729 1.6 9.0 31,174 31,226 1.8 9. 1

TotaL ________________ 54,620 1 309,657 5,1J69 100.0 100.0 55,300 328,425 5, 939 100.0 100.0 56,060 I 343,437 6,126 100.0 100.0 ' I

19611

Number of After-tax family per- Percent distribution are adopted, some change in the impact

Family personal income after Federal individual income families sonal income of the tax structure on the relative tax liability and

distribution of be expected unattached

I mcome can

individuals Aggregate I Average Number After tax but be appraised this time. (thousands) (millions (dollars) income cannot at

dollars) It important to note that the IS

Under $2,000 ... ------------------- __ ------------ _____________ 7, 605 8. 642 I, 136 13.3 2.4 effects of the progressivity of the tax $2,00D-$2,999 •• - ---------------------------------------------- 5, 689 14,300 2, 514 9. 9 4.0 structure would be even more apparent $3,00D-$3,999 ___ - -------------------- ------------- ------------ 6, 669 23,400 3. 509 11.7 6.6 $4,00D-$4,999 ____ --- . ----------------------------------------- 7,052 31,738 4, 500 I2. 3 8.9 if additional detail were available for $5,00D-$5,999 __ ------------------------- . --------------------- 6, 895 37, 877 5. 493 12.0 10.6 the extremely high before-tax-incomes. $6,00D-$7,499 ____ ---- ----- ------------------------------------ 8, 083 54, 136 (\, 698 14.1 15.2 $7 ,SOD-$9,999 ________ -------------- ---- ________ --- _______ --- __ 7, 335 62,901 8. 711 12.8 17.7 As can be seen from the table, the $10,00D-$14,999 ____ -------- ----------------------------------- 5, 371 64,022 11,920 9.4 18.0 upper 5 percent of the distribution be-:M:ggg-~~~:.;~~~~~~:: ~: ~~~: ~: :: ::~ :::::::: :~::: :::::::::::: } 2, 591 58,802 22,703 4.5 16.6

gms at $16,430, an mcome point at TotaL.------------------------------------------ .. - 57,290 355,818 6,211 100,0 100.0 which the very high tax rates are not

1. Includes Alaska and Hawaii. yet effective.

Current BUSINESS STATISTICS \~-----------------------------------------------------------------------------

THE STATISTICS here update series published in the 1961 edition of BusiNEss STATISTics, biennial Statistical Supplement to the SuRVEY OF CuRRENT BusiNEss. That volume (price $2.00) contains data by months, or quarters, for the years 1957 through 1960 (1951-60, for major quarterly series) and averages of monthly or quarterly data for all years back to 1939; it also provides a description of each series and references to sources of earlier figures. Series added or significantly revised after the 1961 BusiNESS STATISTICS went to press are indicated by an asterisk (*) and a dagger (t), respectively; certain revisions for 1960 issued too late for inclusion in the aforementioned volume appear in the monthly SuRVEY beginning with the July 1961 issue. Except as otherwise stated, the terms "unadjusted" and "adjusted" refer to adjustment for seasonal variation.

Statistics originating in Government agencies are not copyrighted and may be reprinted freely. Data from private sources are provided through the courtesy of the compilers, and are subject to their copyrights.

Unless otherwise stated, statistics through 1960 and descriptive notes are shown in the 1961 edition of BUSINESS STATISTICS

_19_6_o-!...1_1_96_1--.!_1_19_62_11

_1_95_9_1----,----1,96_0_---; ___ I,----.--1,96_1_---;;---- ---.----1976_2 ---,--

IV II III IV II I III IV II I III I IV Annual total Seasonally adjuRted quarterly totals at annual rates

GENERAL BUSINESS INDICATORS-Quarterly Series

NATIONAL INCOME AND PRODUCTt

Xntional income, totalt.---------------------bil. $ .. 415.5 427.8 '458.0 403.9 413.9 417.2 416.6 414.4 411.8 424.3 431.3 444.0 448.9 456.7 459.8 466.6

Compensation of employees, totaL _________ do ____ 293.7 302.2 321.6 283.0 290.6 294.6 295.8 293.9 294.1 300.2 304.5 309.9 315.2 321.7 323.8 325.8

Wages and salaries, totaL ________________ do ____ 271.3 278.8 295.8 262.5 268.5 272.2 273.3 271.3 271.2 276.9 281.0 286.1 289.9 295.9 297.8 299.7 Private. __ -------------_---- ____________ do ____ 222.9 227.0 2:l9. 7 216.5 221.6 224.4 224.2 221.6 220.8 225.8 228.8 232.5 235.0 240.1 2H.4 242.2 Military_--------------------- ________ .do. ___ 9.9 10.2 11.0 9.8 9. 8 9. 8 9.9 10.0 10.0 10.0 10.0 10.8 11.2 11.2 10.9 10.6 Government civilian ___________________ do ____ 38.5 41.6 4.5. 2 36.1 37.1 38.0 39.1 39.7 40.4 41.2 42.2 42.8 43.7 44.6 45.5 46.9

Supplements to wages and salaries _______ do .... 22.4 23.4 25.8 20.6 22.0 22.3 22.5 22.6 22.9 23.2 23.5 23.8 25.2 25.8 25.9 26.1 Proprietors' income, totalci" ________________ do ____ 46.2 47.8 49.8 45.9 45.2 46.9 46.3 46.5 46.5 47.2 48. 1 49.5 49.1 49.5 49.7 50.9

Business and professionalci" ______________ do .... 34.2 34.8 36.8 35. 1 34.5 34.5 34.1 33.8 33.7 34.5 35.1 36.0 36.2 36.8 37.0 37.3 Farm ____________________ ----- __ -------_ .do. ___ 12.0 13.1 13.0 10.8 10.7 12.4 12.2 12.7 12.8 12. 7 13.1 13.6 12.9 12.8 12.8 13.6 Rental income of persons ___________________ do .... 11.9 12.3 12.8 11.9 11.9 11.9 11.9 12.0 12.0 12.2 12.3 12.5 12.6 12.8 12.9 12.9

Corporate profits and in ,-en tory valuation adjust-'51. 5 ment, totaL ___________________________ biJ. $ .. 45.6 45.5 46.0 48.6 46.2 44.4 43.3 40.1 45.0 46.0 51.1 50.4 50.7 51.0 54.0

Corporate profits before tax, totaL _______ do ____ 45.4 45.6 '51. 3 45.3 49.2 46.4 43.3 42.8 39.8 44.8 46.3 51.4 50.1 50.9 51.1 53.2 Corporate profits tax liability __________ do .... 22.4 22.3 r25.0 22.0 24.3 22.9 21.4 21.1 19.4 21.9 22.6 25.1 24.4 24.9 24.9 26.0 Corporate profits after tax ______________ do ____ 23.0 23.3 '26. 3 23.3 24.9 23.5 21.9 21.7 20.3 22.9 23.7 26.3 25.6 26.1 26.1 27.3

Dividends. __ ---------------- ______ .. do .. __ 14.4 15.0 15. 9 14.2 14.3 14.2 14.4 14.5 14.7 14.8 14.9 15.5 15.8 15. 8 15. R 16.4 Undistributed profits. _______________ do ____ 8.6 8.3 '10. 3 9.0 10.6 9.2 7. 5 7.1 5. 6 8. 1 8. 7 10.8 9.9 10.3 10.3 10.9 Inventory valuation adjustment ......... do .... .2 .0 .2 . 7 -.6 -.2 1.2 . 5 .3 .2 -.3 -.3 .3 -.2 -.1 .8

Net Interest ________ ---------------- _______ .do .. __ 18.1 20.0 22.2 17.0 17.6 17.7 18.2 18.8 19.1 19.8 20.3 21.0 21.5 22.0 22.5 23.0

Gross national product, totalt---------------.do ____ 503.4 518.7 553.9 488.5 501.7 504.8 503.7 503.3 500.8 513.1 522.3 538.6 545.0 552.0 555.3 563.5

P~rsonal consumption expenditures, totaL.do ____ 328.5 338.1 356.7 318.8 323.9 329.9 329.8 330.5 330.5 335.5 340.1 346.1 350.2 354.9 358.2 363.5

Durable goods, total EIJ __________________ do ____ 44.8 43.7 47.5 43.1 45.1 45.8 44.5 44.0 40.8 43.5 44.0 46.6 46.3 47.2 47.1 49.6 Automobiles and parts.--------------- .do ____ 18.8 17.2 20.1 16.9 19.0 19.5 18.3 18.3 15.4 16.9 16.9 19.4 19.1 20.3 19.3 21.5 Furniture and household equlpment. .. do .... 19.1 19.3 19.9 19.3 19.3 19.2 19.1 18.7 18.4 19.2 19.7 19.8 19. 7 19.3 20.1 20.5

Nondurable goods, total EIJ ______________ do ____ 151.8 155.2 162.0 148.9 150.0 152.6 152 .. 5 152.3 153.5 153.9 156.2 157.2 159.9 161.3 163.0 163.9 Clothing and shoes _____________________ i]o ____ 28.1 28.6 30.0 27.8 28.1 28.3 28.4 27.8 28.1 28.0 29.0 29.2 29.8 29.8 30.3 30.2 Food and alcoholic beverages ___________ do .... 79.5 81.1 84.7 78.3 78.5 79.9 79.5 80.2 80.3 80.6 81. .5 82.1 83.7 84.2 85.3 85.6 Gasoline and oiL ______________________ do ____ 11.7 11.9 12.5 11.3 11.5 11.6 11.7 11.9 11.9 11.7 11.9 12.1 12.1 12.3 12.5 12.8 ServiceR, total Ell-------------------------do .... 131.9 139.1 147. 1 126.8 128.9 131.5 132.8 134.2 136.2 138.0 139.9 142.3 144.1 146.3 148.1 150.1 Ilonsehold operation __________________ .. no ____ 19.6 20.6 21.7 18.8 19.2 19.6 19.7 20.0 20.2 20.6 20.7 21.0 21.3 21.8 21.9 22.0 II ousing ________________ -------- .. _____ .do. ___ 41.8 43.9 46.0 40.3 40.9 41.7 42.2 42.6 43.1 43.6 44. 1 44.8 45.2 45.7 46.2 46.8 'l'ransport::ttion _________________________ do ____ 10. 7 11.1 11.6 10.5 10.6 10.6 10.6 10.7 10.9 10.9 11.1 11.4 11.5 11.5 11.6 11.8

Gross private domestic investment, totaL. .. do ____ 72.4 69.3 76.6 73.2 79.1 73.5 70.3 66.5 60.1 67.6 72.4 76.6 75.9 77.4 76.3 76.2 New construction ________________________ do. ___ 40.7 41.6 44.5 39.6 40.9 40.7 40.5 40.7 39.3 41.0 42.6 43.2 41.6 44.5 46.1 45.0 Residential nonfarm. __ ------ _____ . _____ .do ____ 21.1 21.0 23.3 21.3 21.5 21.2 21.0 20.5 19.0 20.1 21.9 22.8 21.2 23.3 24.3 23.8 Producers' durable equlpmeut_ __________ i]o ____ 27.6 25.5 28.9 26.4 27.4 28.4 27.7 26.8 24.4 24.6 25.8 27.4 27.6 28.9 29.2 29.9 Change in business inventorirs ___________ do __ . __ 4.1 2.1 3.2 7.1 10.8 4. 4 2.1 -1.1 -3.6 2.1 4. 0 6.0 6. 7 4. 0 1.0 1.2 Nonfarm ___ -- ___ ------------ __________ .dO-- __ 3. 7 1.9 3. 2 7.0 10.6 4.1 1.7 -1.5 -3.9 1.8 3.8 5. 9 6.6 3.9 1.0 1.1

Net exports of goods and services ___________ do ____ 2.9 4.0 3.3 .0 1.4 2. 4 2.8 4. 9 5.3 4.0 2. 8 3.8 3. 7 3. 7 2.5 3.2 Exports.------------------- ____ . ________ .do .. __ 26.4 27.3 28.4 23.8 25.3 26.5 26.5 27.2 27.4 26.4 26.9 28.3 28.2 29.0 28.3 28.2 Imports ... ---.--------------- ____________ do. ___ 23.5 23.3 25.2 23.9 23.9 24.2 23.6 22.3 22.2 22.4 24.1 24.5 24.5 25.3 25.8 25.0

Govt. purchases of goods and services, totaLdo .... 99.7 107.4 117.3 96.5 97.2 99.0 100.8 101.4 104.8 106.0 106.9 112.1 115.2 116.0 118.2 120.7 Federal (less Government sales) __________ do ____ 53.2 57.0 62.4 52.8 52.5 53.1 53.6 53.6 55.4 56.6 56.5 59.5 61.9 62.1 62.7 63.4 National def~nse 11---------------------do .... 45.7 49.0 53.4 46.1 45.4 45.8 45.7 45.8 47.7 49.0 48.4 50.8 53.0 53.2 54.0 54.2 State and locaL __________________________ do .. __ 46.5 50.4 55.0 43.7 44.7 45.9 47.2 47.8 49.4 49.4 50.4 52.6 53.3 54.0 55.5 57.3

By major type of product:*t Final sales, totaL ________________________ do ____ 499.4 516.6 550.6 481.4 490.8 500.4 501.5 504.4 504.4 511.0 518.3 532.6 538 3 547.9 554.2 M2.3 Goods output. totaL ___________________ do ____ 254.1 257.2 273.7 245.7 251.3 256.2 254.9 254.1 251.6 254.4 257.8 265.0 268.2 272.6 274.7 279.2 Durable goods _______________________ do .... 95.0 94.0 102.9 91.9 94.0 96.9 94.8 94.2 90.2 92.6 94.3 98.8 99.9 102.6 103.0 106.4 Nondurable goods ___ -------- _______ .do. ___ 159.2 163.3 170.8 153.8 157.3 159.3 160.1 160.0 161.4 161.8 163.5 166.3 168.4 170.0 171.7 172. 8 Services _____ ----_---- __ - _____ -_________ do ____ 188.6 200.7 214.8 181.3 183.8 187.7 189.9 193.1 195.9 199.0 201.3 206.6 211.1 213.5 215.9 219.5 Construction ___________________________ do .... 56.7 58.6 62.1 54.4 55.8 56.4 56.8 57.2 56.8 57.5 59.2 61.0 59.0 61.8 63.6 63.7 Inventory change, tota]. _________________ do .... 4.1 2.1 3.2 7.1 10.8 4. 4 2.1 -1.1 -3.6 2.1 4.0 6. 0 6. 7 4.0 1.0 1.2 Durable goods _________________________ do ____ 2.3 .0 1.6 2.6 S.6 2.8 1.0 -3.3 -5.5 -1.3 3. 4 3. 5 3. 5 1.9 1.9 -.8 Non durable goods. __________ --- _____ ... do ... _ 1.8 2.1 1.6 4. 5 2. 2 1.6 1.1 2. 2 1.9 3.4 .6 2. 5 3.1 2.2 -.9 2.0 ' Revised. t Revised series. Estimates of national income and product and personal eludes data not shown separately. 11 Government sales are not deducted. *For quarterly

income have been revised back to 1959; revisions prior to May 1961 for personal income appear data back to 1947, seep. 35 of the July 1962 SURVEY. on p. 13 of the July 1962 SuRVEY. ci"Includes inventory valuation adjustment. E!lln-

S-1

S-2 SURVEY OF CURRENT BUSINESS April 1003

1

1960 1 1961 1 1962 Unless otherwise stated, statistics through 1960

and descriptive notes are shown in the 1961 edition of BUSINESS STATISTICS Annual total II

1960

III IV

1961 1962 I

II III IV II I III I IV

1963

II

GENERAL BUSINESS INDICATORS-Quarterly Series-Continued

NATIONAL INCOME AND PRODUCT-Con.t

Quarterly Data Seasonally Adjusted at Annual Rates GNP in constant (1954) dollars

Gross national product, totaJt _______________ hll. $ __

Personal consumption expenditures, totaL_do ___ _

Durable goods ___________________________ do ___ _ Nondurable goods ________________________ do __ --Ser..-lces __________________________ -------_do_--_

Gross private domestic Investment, totaL __ do ___ _

New construct.lon __________ --- ______ -- ___ do_--_ Producers' durable equipment_ __________ do ___ _ Change In huslness lnventorles ___________ do ___ _

Net exports of goods and servlces ___________ do ___ _

Governm~nt purchases of goods and service,, total bll. $ __

FederaL _____ ---------------------- ______ do ___ _ State and \ocaL __________________________ do ___ _

DISPOSITION OF PERSONAL INCOMEt

Quarterly Data Seasonally Adjusted at Annual Rates

Personal income, totaL ______________________ hll. $ __ Less: Personal tax and nontax payments _____ do ___ _ Equals: Disposable personallncome _________ do ___ _

Personal saving § _____________________________ do ___ _

NEW PLANT AND EQUIPMENT EXPENDITURES

Unadjusted quarterly totals or averages: All lndustrles ______________________________ bll. $ __

Manufacturing __________________________ • do._._ Durable goods Industries. ______________ do ___ _ Nondurable goods Industries ___________ do ___ _

Mining __ ------------------------------ __ _do ___ . Railroads_-------------------- ___________ do ___ _ Transportation, other than ra!L __________ do ___ _ Public utilities ____ ----- __ -------- ________ do ___ _ Commercial and other ___________________ do ___ _

440.2

298.3

42.2 141.4 114.7

60.7

34.3 22.7 3. 7

1. 5

79.8 42.3 37.4

400.8 51.4

349.4

20.9

8.92

3.62 l. so 1.82

.25

.26

. 48 1. 42 2.89

447.9

304.3

41.6 143.3 119.4

57.8

34.8 21.1 2.0

1.8

84.0 44.5 39.4

416.4 52.8

363.6

25.6

471.9

318.2

45.2 148.5 124.5

63.3

36.5 23.8

2. 9

.5

89.9 48.7 41.2

440.5 57.6

382.9

26. 2

8.59 29.33

3.42 3.67 1. 57 1. 76 1. 85 1. 91

. 24 .27

. 17 . 21

. 46 . 52 1. 38 1. 37 2. 92 3. 29

442.3

299.7

43.0 142.3 114.5

61.5

34.2 23.3 4.0

1.0

80.0 42.9 37.1

401.4 51.9

349.6

19. 7

9.28

3. 76 1. 88 1.88

. 27

.29

. 55 1. 42 2.99

439.7

299.1

41.8 141.9 115.4

58.6

34.0 22.7 1.9

1.5

80.5 42.7 37.8

403.1 51.4

351.7

22.0

8.98

3.62 1. 80 1. 81

.25

.24

.47 1. 50 2.90

437.7

298.8

41.8 140.7 116.3

55.8

34.3 22.2 -.7

3. 3

79.9 41.8 38.1

403.7 50.9

352.7

22.2

9. 53

4.01 I. 95 2.06

. 24

.25

.46 1. 58 2.99

433.9

298.2

39.0 141.5 117.7

50.0

33.0 20.1

-3.0

3. 5

82.2 42.9 39.2

405.4 51.0

354.3

23.8

7. 57

3.00 1. 41 1.59

.21

.17

.41 I. 09 2.69

443.9

302.5

41.3 142.3 118.8

56.5

34.3 20.2 2.0

1.7

83.3 44.4 38.9

413. 5 52.5

361.0

25.5

8. 61

3.46 1. 58 1. 88

.26

.18 • 48

1. 39 2.85

450.4

306.0

41.7 144.4 120.0

60.4

3.1.6 21.3 3. 5

. 7

83.3 44.1 39.2

419.4 53.0

366.3

26.3

8. 65

3. 31 1.50 1. 84

. 25

.16

. 47 1. 50 2.94

463.4

310.6

44.4 144.9 121.4

64.1

36.1 22.7

5. 4

1.4

87.2 46.7 40.5

427.3 .14.6

372.6

26.5

9.54

3. 88 1. 79 2. 09

. 26

.16

. 50 1. 54 3. 20

467.4

313.9

44.1 147.0 122.8

63.3

34.6 22.8 5.9

1.3

88.9 48.3 40.6

432.0 56.4

375.6

25.4

8.02

3.14 1. 44 1. 69

. 26

.16

. 47 1. 06 2. 94

470.8

316.9

44.6 148. 1 124. 1

64.1

36.7 23.8 3. 7

. 7

89.2 48. 6 40.6

439.5 57.7

381.8

26.9

9. 50

3. 69 1. 77 1.92

. 27

. 26

.60 1.37 3.30

471.6

319.0

44.6 149.5 125.0

62.4

37.7 24.0

.8

-.3

90.5 49.0 41.5

442.6 58.5

384.1

26.0

9.62

3. 72 1. 79 1.93

.28

.24

.50 1.54 3. 35

477. 7

322.8

47.6 149.3 126.0

62.8

36.8 24.8

1.3

. 5 -------- --------

91.6 49.3 42.3

448.0 58.7

389.3

25.8

10.18 1 8. 48

4.13 3. 37 2.03 1.65 2.10 1. 72

. 27 .23

.20 .22

. 50 .36 1. 52 1. 07 3. 55 3. 22

'9. 89

3. 90 1.86 2.04

.27

.30

. 51 1. 42 3.49

Seas. adj. qtrly. totals at annual rates: . All industries. ____________________________ _do ____ -------- -------- -------- 36.30 35.90 35.50 33.85 33. 50 34.70 35. 40 35. 70 36.95 38.35 37.95 '37. 95 2 38.65

Manufacturlng ___________________________ do ____ -------- -------- --------Durable goodslndustrles ______________ _do ____ -------- -------- --------Nondurable goodslndustrles ___________ do ____ -------- -------- --------

Mining _________________________________ _do ____ -------- -------- --------Railroads ________________________________ do ____ -------- -------- --------Transportation, other than rall ___________ do ____ -------- -------- --------Public utilities ___________________________ do ____ -------- -------- --------Commercial and other ___________________ do ____ -------- --------

BUSINESS POPULATION

14.70 7. 40 7. 30

1. 05 1.10 2.15 5. 70

11.60

14.65 7. 35 7.30

1. 00 1. 00 1. 90 5. 60

11.75

14.40 6. 85 7. 55

.90 1. 00 1. 80 5. 70

11.65

13.75 6. 50 7.25

. 95

. 70 1. 75 5.35

11.30

13.50 6. 20 7. 30

I. 00 . 70

1. 80 5. 50

11.05

13.65 6.10 7. 55

1.00 .65

1. 90 5. 65

II. 85

14.00 6. 40 7. 60

1. 00 • 60

1. 95 5. 55

12.35

14.20 6. 55 7.60

1.15 .70

2. 05 5.15

12.45

14.45 6.95 7. 50

I. 05 . 95

2.25 5. 40

12.85

15.05 7. 25 7.80

1.10 1.00 2.00 5. 75

13.40

15.00 7. 30 7. 70

1.00 .80

1.90 5. 45

13.80

15.30 7. 50 7.80

1. 05 . 95

1. 6.1 5.30

13.70

15.30 7.30 8.00

1. 05 1.10 2.00 5.60

13. 70

Flrj~.~~d't~r-~t-l~~:-~~-~-~~~~~~~~-~~~-"~-~~1\io~~~- '4, 658 3 4, 713 3 4, 752 4, 710 4, 720 4, 730 4, 740 4, 750 4, 760 4, 770 4, 780 4, 790 4, 800 4, 810 -------- --------

U.S. BALANCE OF INTERNATIONAL PAYMENTSt

Quarterly Data are Sea3onally Adjusted U.S. payments, recorded ____________________ mll. $-- 31,317 31,805 33,245

Im&~~~~andlse ____________________________ _do____ 14, 723 Military expenditures ___________________ _do____ 3, 048 Other services ___________________________ do____ 5, 417

Remittances and penslons _________________ _do ___ _ Govt. grants and capital outflows _________ _cto ___ _

U.S. private capitaL ______________________ do ___ _ Direct Investments ___________ --------- __ _do ___ _ Long-term portfolio ______________________ do ___ _ Short-term __________________________ • ____ do ___ _

842 3, 405

3,882 1, 694

850 I, 338

U.S. receipts, recorded ________________________ do ____ 27,984

Exports: Merchandise ____________________________ _cto____ 19,459 Services and military sales _______________ do____ 7, 554

Repayments on U.S. Govt.loans __________ do ___ _ Foreign capital other than liquid funds ____ _cto ___ _

636 335

14,514 2, 947 5, 462

878 4,051

3, 953 I, 475 1,006 I, 472

30,073

16,193 3,006 5,800

924 4.271

3,051 1,377 I, 207

467

32,064

19, 91.1 20, 566 8,151 9, 248

I, 274 733

1, 275 975

7, 690

3, 836 758

1,375

205 8:13

683 271 209 203

7,055

4, 876 1. 909

147 123

8,000

3,664 797

1, 368

211 826

1, 134 415 170 549

7,002

4, 940 I, 843

172 47

8,078

3, 422 722

1,327

222 978

I, 407 684 235 488

7, 062

4, 986 l, 975

147 -46

7, 690

3. 369 770

1, 309

221 962

1, 059 457 120 482

7.400

5, 061 2,008

133 198

7, 411

3,417 756

I, 337

221 804

876 269 218 389

7, 930

4. 768 2, 060

851 251

8,082

3, 840 699

1, 388

216 1,094

845 429 194 222

6, 976

4, 940 1.9.11

81 4

8,622

3, 888 722

1, 428

220 1, 191

1,173 320 474 379

7, 767

5,146 2,132

209 280

8,2il

3,933 752

1, 361

233 1,035

957 231 402 324

7, 686

5,012 2,183

141 290

8,092

4,045 746

1,445

222 1,028

606 401 299

-94

8,022

5,340 2,417

224 41

8,428

4,164 730

1,484

225 1, 063

762 413 161 188

8,153

5,170 2, 216

612 155

8,454

4,051 778

1, 510

244 1,145

726 332 345 49

8,203

4, 984 2, 432

298 489

Excessofrecordedrecelptsorpayments(-) ___ do ____ -3,333 -1,732 -1,181 -635 -998 -1,016 -290 519 -1,106

193

-855 -585 -70 -275 -251

Unrecorded transactions _____________________ _do ____ , -592 I -628 -1,000 -140 -159

Total,netrcceipts(+)orpayments(-) _____ do ____ -3,9251-2.360 -2,181 -775 -1,157

• Revised. • Preliminary. 1 Estimates for Jan.-Mar. 1963 based on anticipated capital expenditures of business. 2 Estimates for Apr.-.Tune 1963 based on anticipated capital expenditures of business.

Anticipated expenditures for the year 1963 are as follows (in hi!. $): All industries, 39.10; manufacturing, total, 15.69; durable goods industries, 7.78; nondurable goods industries, 7.90; mining, 1.01; railroads, .96; transportation, 1.84; public utilities, 5.66; commercial and other, 13.94.

3 Unadjusted. Data represent firms in operation as of Jan. 1; estimate for Jan. 1, 1962

-297 -52 -360 -409 90 -144 -406 -540

-1,313 -342 159 -913 -1,264 -495 -214 -681 -791 -------- --------is based on incomplete data.

t See corresponding note on p. S-1 (re\'islons prior to 3d qtr. 1959 appear on p. 8 ff. of the July 1962 SFRVEY).

§ Personal saving is excess of disposable income over personal consumption expenditures shown as a component of gross national product on p. S-1.

t More complete details are given in the quarterly reviews in the Mar., June, Sept., and Dec. tssues of the SURVEY. Revisions prior to ~th qtr. 1959 will be shown later.

April H)63 SURVEY OF CURRENT BUSINESS S-3

1962 Unless otherwise stated, statistics through 1960

and descriptive notes are shown in the 1961 edition of BUSINESS STATISTICS

1961 1 1962

Monthly average Feb. I Mar. I Apr. I May I June I July I Aug. I Sept. I Oct. I N"' I "'" I "" I '"" I M~.·

GENERAL BUSINESS INDICATORS-Monthly Series

PERSONAL INCOME, BY SOURCE\

s easonaiiy adjusted, at annual rates:\ Total personal income ____________________ bil. $ .. 1416.4 I 440.5 431.9 435.2 438.3

Wage and salary disbursements, totaL ... do ____ 278.8 29.5.8 290.2 292.2 295.3

Commodity-producing industries, totaLdo ____ 110.8 117.2 115.2 116.1 118.2 Manufacturing only __________________ do ____ 87.5 93.6 92.0 92.8 94.4

Distributive lndustries _________________ do ____ 72.9 76.2 75.0 75.4 75.8

Rervice industries ••.. -------- __ --------do.--_ 43.4 46.3 45.1 45.3 45.6 Government .• --------------- __________ do .. __ 51.8 56.2 55.0 55.4 55.6 Other labor income _______________________ do ____ 11. 4 12.3 12.0 12.1 12.2

Proprietors' income: Business and professional_ _____________ do ____ 34.8 36.8 36.2 36.4 36.6 Farm----------------------------------do ____ 13.1 13.0 12.8 12.9 12.8

Rental income of persons _________________ do ____ 12.3 12.8 12.6 12.7 12.7 Dividends. __ --------------------.------ .do_--- 15.0 15.9 15.8 15.9 15.8 Personal interest income _________________ do ____ 27.4 29.7 28.8 29.0 29.2 Transfer payments _______________________ do ____ 33.4 34. 6 33.8 34.5 34.2 Less personal contributions for social Insurance

hi!.$ .. 9. 7 10.5 10.4 10.4 10.5

Total nonagricultural income. _____________ do ____ 399. I 423.2 414.8 418.0 421.2

FARM INCOME AND MARKETINGSd'

Cash receipts from farming, including Government payments, totald'----------------------mil. $ .. 3,061 3,124 2, 413 2, 531 2. 248

Farm marketings and CCC loans, totaL ... do ____ 2, 937 2, 979 2,308 2,310 2,153 Crops .. ----------------------------------do ____ 1, 319 1,325 850 708 615 Uvestock and products, total <;! __________ do ____ 1,618 1,654 I. 458 1,602 1, 538

~~~l fit~~~~~~~=======================~~==== 409 402 383 431 412 918 963 813 904 862 Poultry and eggs _______________________ do ____ 265 263 227 243 230

ndexes of cash receipts from marketings and CCC loans, unadjusted:d'

122 All commodities ____ ----- -----------1947-49= 100 .. 121 95 95 88 Crops ____________________________________ do ____ 123 124 79 66 57 Livestock and products __________________ do ____ 119 121 107 118 113

ndexes of volume of farm marketings, unadjusted :d' All commodities .• ------------ ___ ... 1947-49= 100 •• 136 137 106 105 98

Crops ____ ---.-------------- ____ ----------do.--- IU 130 89 67 51 Livestock and products __________________ do .... 140 141 119 134 133

INDUSTRIAL PRODUCTION t Federal Reserve Index of Qu.antity Ovlpu.t

Unadj., total index (incl. utilities)t ... 1957-59=100 .. 109.8 • 118.2 116.4 118.1 118.3 By industry:

Manufact-uring, totaL ___________________ do .... 109.7 • 118.6 116.6 118.6 119.1 Durable manufactures. ________________ do ..•. 107.0 • 117.9 1!6.6 118.6 119.6 Nondurable manufactures ______________ do ..•. 112.9 • 119.4 1!6. 6 118.6 118.4

Mining ___ -------------------------------do .... 102.1i • 104.9 103.7 103. 5 104.9 U till ties ___________ -- ____ -- _______________ do. ___ 122.8 • 132.3 -------- -------- --------By market grouping:

Final products, totaL ____________________ do •.•. 111.3 • 119.7 1!6. 7 118.6 118.6 Consumer goods. __ -------------------.do ..•. 112.7 p 119.7 116.9 118.7 118.5

Automotive and home goods _________ do ..•. 112.0 p 126.0 124.3 127.4 129.3 Apparel and staples __________________ do .... 112.9 • 117.8 114.8 116.1 115.3 Equipment, including defense. ________ do .... 108.3 • 119.8 1!6.1 118.3 118.6

Materials._---------------- _____________ _cto ____ 108.4 •116.8 1!6.1 117.6 118.2 Durable goods materials ______________ _cto ____ 104.8 • 114.1 1!3. 4 115.3 116.9 Nondurable materials _________________ _cto ____ 112.1 • 119.7 1!8. 8 120.0 119.4

Seas. adj., total index (incl. utilities)t ________ do ...• 109.8 p 118.2 116.0 117.0 117.7 By industry:

Manufacturing, totaL ___________________ do .... 109.7 •118.6 116.3 117.4 118.1

Durable manufactures 9 ________________ do ____ 107.0 p 117.9 115.4 116.5 118.5 Primary metals. ---------------------do ____ 98.9 • 104.5 117.5 116.6 112.4 Iron and steeL _____________________ do .... 96.5 p 100.6 117.7 118.5 112.6

Nonferrous metals and products .... do .... 107.5 • !18.9 122.0 120.6 118.6 Fabricated metal products __________ do ____ 106.5 • 117.1 Ill. 9 113.6 116.3

Structural metal parts ______________ do---- 105.2 p !13.2 108.6 110.2 113.7

Machinery ___________________________ do ____ !10. 4 p 123.4 117.5 120.2 122.9 Nonelectrical machinery ___________ do .... 106.5 p !19.7 112.4 115.2 117.8 Electrical machlnery _______________ do ..•. 115.7 p 128.4 124.3 126.8 129.7

Transportation equipment ___________ dO---- 103.6 p 118.3 113.4 113.4 116.8 Motor vehicles and parts ___________ do---- 111.9 p 134.1 1?n. 2 126.3 134.4 Aircraft and other equipment ______ do ...• 95.7 p 103.9 101.5 101.4 100. 7

Instmments and related products ____ do .... 115.8 • 122.9 118.5 119.0 122.3 Clay, glass, and stone products ______ do .... 106.3 p !11.0 105.1 104.8 110.3 Lumber and prodncts ________________ dO---- 101.3 p 106.0 109.2 107.9 106.4 Furniture and fixtures. --------------dO---- 115.3 p 126.8 1?0. 8 124.0 126.6 Misceiianeous manufactures _________ .dO---- 112.8 p 122.3 115.5 119.0 125.5

Kondurable manufactures ______________ do .... 112.9 • 119.4 117.3 118.6 117.5 Textile mill products _________________ do .... 106.9 • 114.7 114.6 116.8 115.0 Apparel products. ___________________ do .... 112.1 • 118.9 116.0 116.5 117.6 Leather and products ________________ do .... 100.2 • 102.4 103.0 104.0 105.5 Pa er and p p roducts _________ ------_ .. do. ___ 113.7 p 119.7 119.0 120.7 117.5

' Revised. • Preliminary. I The total and components are annual totals. 'Italicized total for Jan. 1963 excludes

stepped-up rate of, and special Government life insurance dividend payments to veterans; total disbursements of $298 million multiplied by 12 (to put on annual rate basis) amounted to $3.6 hiJiion. Figures for transfer payments and total nonagricultural income reflecting similar exclusion are as follows: Transfer payments-$35.1 hiJiion; nonagricultural income­$431.1 t•illion.

439.7 HO. 7 441.9 443.0 443.5 445.6 2 448.8

448.2 450.4 452.4 '451. I 452.7

296.0 296.9 297.8 298.1 298.0 298.5 299.8 301.0 301.5 '303. 6 304.8

118.2 118. 1 118.4 118. I 117.9 117.8 117.8 117.8 117.6 '118. 3 119.0 94.5 94.5 94.5 94.1 94.0 93.9 94.0 94.2 93.8 '94. 7 95.4 76.1 76.2 76.4 76.6 76.7 76.9 77.1 77.6 77.6 '78. 3 78. 5

45.9 46.5 46.7 47.0 47.0 47. 1 47.2 47.5 47.8 48.1 48.2 .55. 8 56.0 56.3 56.5 56.4 56.7 57.7 58.0 58.5 58.8 59.1 12.3 12.4 12.4 12.4 12.4 12.5 12.5 12.5 12.6 12. 7 12.7

36.8 36.8 36.9 37.0 37.0 37.1 37.3 37.4 37.6 '37. 7 37.8 12.8 12.8 12. 7 12. 8 12.9 13.2 13.6 14.0 13.4 r 12.9 12.7

12.8 12.8 12.8 12.9 12.9 12.9 12.9 12.9 13.0 13.0 13.0 15.8 15. 8 15.7 15.7 16.0 16.1 16.2 17.0 16.3 16.4 16.4 29.4 29.6 29.8 30.0 30.2 30.4 30.6 30.8 31.1 31.3 31.6 34.2 34. I 34.2 34.5 34.5 35.5 35.8 35.5 2 38.7 35.3 35.4

10. 5 10. 5 10.5 10.5 10.4 10.5 10. 5 10.6 11.7 11.8 II. 8

422.6 423.5 424.8 425.9 426.4 428.2 430.4 432.3 '434.6 '434. 0 435.7

2, 365 2, 428 2, 792 3, 272 3, 827 4, 933 4, 213 3, 218 3,372 2,422 --------2,342 2.407 2, 717 3,181 3,543 4,435 4,032 3,141 3, 289 2,331 --------

667 873 1,209 1, 463 1, 838 2,328 2.207 1, 594 1,627 877 --------1, 675 1, 534 1, 508 1, 718 1, 705 2,107 1,825 1, 547 1,662 1. 454 --------

441 418 395 385 380 396 382 393 398 368 --------949 854 857 1,046 1,015 1,366 1,108 834 978 80.1 --------251 237 241 271 294 324 313 289 249 241 --------

112 96 99 131 145 182 166 129 135 91i --------62 81 113 136 171 217 206 149 152 82 --------

123 113 111 126 125 155 134 114 122 107 --------

110 114 126 144 155 200 186 147 151 109 --------55 82 118 142 176 235 225 161 169 90 --------

!50 139 133 146 140 174 157 136 137 124 --------

118.2 119.9 113.9 117.7 122.2 122.5 120.6 117.2 117.8 '120.0 121.8

119.0 120.4 114.0 117.6 122.8 123.4 121.3 '117. 5 117.7 '120.3 122.5 118.8 119.2 113.6 112.8 120.4 121.7 121.0 '119. 4 118.4 '120. 7 122.9 119.1 121.8 114.5 123.6 125.8 125.5 121. 7 115.0 116.8 '119. 8 121.9 105.5 107.5 101.0 106.4 106.5 107.1 106.3 103.1 '102. 5 '103. 6 103.9

-------- -------- -------- -------- -------- -------- -------- -------- -------- -------- -------

118.5 121.3 117.5 119.4 125.0 125.3 122.2 '119. 4 '120.1 '122. 4 123.4 118.2 121.3 116.5 118.8 126.5 126.7 122.2 '117. 6 '119. 1 '122.3 123.4 128.4 128.8 118.8 102.2 128.3 138. 1 135.2 131. 7 '128.1 134.0 136 115.1 119.1 116.0 124.3 125.9 123.0 118. 1 '113.1 '116. 2 '118. 6 120 119.1 121.1 119.6 120.6 122.0 122.5 122.0 123.4 '122.2 '122. 7 123.4

118.0 118.7 110.7 116.1 119.7 119.9 119.2 115.1 '115. 7 r 117.9 120.3 116.5 116.1 108.7 111.3 116.8 116.6 115.5 '112.3 '112.3 114.4 118 119. 7 121.3 112.7 121.1 122.7 123.4 122.9 '118.1 '119. I '121. 5 123

118.4 118.6 119.3 119.7 119.8 119.2 119.6 119.1 118.9 '119. 4 120.4

118.8 118.9 119.7 120.3 120.4 119.7 120.0 '119. 7 '119. 2 '119. 9 120.9

118.2 117. 7 118.7 119.8 119.5 !18. 6 119.1 !18. 9 118.6 '119. 4 120.6 101.3 96.8 96.6 99.1 99.6 98.9 100.7 '99. 7 '99. 9 '104. 6 110 96.5 89.5 87.8 92.1 92.8 91.0 95.3 95.8 '96. 4 '102. 0 110

120.8 118.2 117.9 112.9 118.4 120.1 121.2 '120. 6 '121. 9 !18. 9 --------117.4 118.5 118.8 119.9 119.3 117.8 118.5 '117. 2 '117. 6 '!18. 8 120 11-5.7 116.4 115.6 !15. 2 115.1 114.2 !12. 8 112.5 '113. 5 '!13. 9 115

124. 5 125.9 125.4 126.5 126.4 125.6 125.3 125.9 '124. 5 r 125.7 126 120.0 121.8 121.9 124.6 123.9 123.0 122.8 121.4 '120.3 121.6 122 130.4 131.3 130.1 129.0 129.6 129.0 128.6 131.8 '130.0 '131. I 132

119.4 116.8 122.1 122.0 121.5 121.8 121.5 121.9 122. 1 121.7 121 1:W.1 132.0 141.3 138.1 137.8 138. 1 137.3 138.2 137.3 '138. I 139 101.6 103.0 104.7 107.3 106.7 107.2 107.2 107.0 '107. 9 '106. 6 105

122.6 124.7 124.9 125.8 124.3 124.2 125.0 125.4 '125. I , 126. 9 I 127 111.9 112.5 113.7 114.9 114.9 113.2 113.3 110.5 •111.9 '108. 3 Ill 107.1 107. 5 103.4 107.4 108.3 101.5 106.1 108.7 '105. 2 107.1 -------129.3 129.2 127.7 128.3 129.2 128.2 129.3 128.6 '129. 2 '126.H 127 125.2 125. 5 126.9 123.3 124.4 122.3 121.7 120. 5 '120. I '119. 3 12(1

119.6 120.3 121.0 120.8 121.5 120.9 121.1 120.6 '120.0 '120. 4 121.3 116.1 117.1 116.6 117. 1 115.9 114.5 112.9 '112. 7 '113. 4 113.0 -------118.3 118.4 119.2 118. 1 120.5 121.4 122.3 122.2 122.5 123.2 -------102.9 103.8 100.5 100.6 106.6 100.8 100.7 '99.4 96.4 -------- -------119.9 119.6 121.1 120.5 120.9 120.8 122. 1 119.6 -------- -------- -------

\See corresponding note on p. S-1. d'Revised beginning 1959; revisions prior to May 1961 will be shown later. 'I Includes data not shown separately.

:Revised series. For revisions back toJ an. 1947 for total and summary groups (seasonally adjusted) and a detailed description of the current revision, see the Oct. 1962 Federal Reserve Bulletin; other information and earlier figures for all series appear in the separfltc- Federal Reserw publication, "Industrial Produrtion-1957-59 Base."

8-4

Unless otherwise stated, statistics throu~h 1960 I and descriptive notes are shown in the 1961 edition of BUSINESS STATISTICS

INDUSTRIAL PRODUCTION t-Contlnued

Federal Reserve Index of Quantity Output-Con. Rea"'nally adjusted indexes-Continued t

By industry-Continued Nondurable rnanufa~tures-Contlnued

Printing and pub!lshin!!------1957-59=100 __ Newspapers ____ .-------- ___________ do ____

Chemkals and products _____________ do ____ Industrial chemkals _______________ do ____

Petroleum prod nets __________________ do ____

Rubber and plastics products ________ rlo ____ Foods and beverages _________________ rlo ____

Food manufactures ________________ do ____ Beverages_ .. ______________________ --do_---

Tobacco products ____________________ do ___ -

Mining _________________________________ -do_- __ Coai _________________________________ --do_- __ Crude oil and natural gas ______________ do ____

Crude oiL ___________________________ do ____ Metfii min in!! __________________________ do_--_ Stone anrl earth mlnerals _______________ do ____

Utilities __________________________________ do ____ Electric __________________ -- ____ -- __ ----do_---Gas __________ -------------------------- <lo ___ .

By market grouping: t Final products, totaL ____________________ do ____

Congumer !!oods _______________________ do ____ Automotive and home goorls _________ do ____

Automotive products ______________ ilo ____ Autos ____________________________ do_- __ Auto parts and allied products ___ do ____

Home goocls\? ______________________ do ____ App!lnnccs, TV, and radlos ______ do ____ Furniture and rugs ______________ do ___ .

Apparel and staples __________________ do ____ Apparel, Incl. knit goodg and shoes_do ____ Consumer staples_---------------- _do ____

Processed foods ________ ----- ______ do_--.

Beverages and tobacco ___________ do ____ Drugs, soap, and tolletrl~s __ ·----do ____ New~papers, ma~fl:1ines, books ___ do ____ Consumer fuel and lighting ______ do ____

Equipment, in~ludlng defense\? _______ do ___ . Business equlpment __________________ do ____

Industrial equlpment _______________ do ____ Commercial equipment. ___________ do ____ Frel~ht and passenger equipment__do ____ Farm cqulpment_ __________________ do ____

Materials ______ ----- __ ----- ___ ------ _____ do ____ Durable goods materials\? _____________ do ____

Consumer durable ___________________ do ____

~~~~fr'::~ti~n--~~::::::::::::::::::::::~~:::: Nondurable materials 11----------------do ____

Business supplies ____________________ do ____ Containers _________________________ do ____ General business supplies __________ do ____

Business fuel and power ______________ do ____ Mineral fuels _______________________ do ____ Nonresidential utllitles _____________ do ____

BUSINESS SALES AND INVENTORIES § Mfg. and trade sales (seas. adj.), totalci' _____ bil.$ __

Manufacturin;r, totaL ___ . __________________ do ____ Durnhle goods industries _________________ do ____ Nondurable goods industries ____________ _oo ____

Wholesale trade, totalci' ____________________ do ____ Durable goods establishments _____________ do ____ Nondurable goods establishments ________ do ____

Retail trade, totalci' ________________________ do ____ Durable goods stores _____________________ do ____ Nondurable goods stores _________________ do ____

Mfg. and trade inventories, book value, end of year or month (seas. adj.), total f__ ___________ bll.$ __

Manufacturing, totaL _______ -------------- _do ____ Durable goocls industries _________________ do ____ Nondurable goods industries _____________ do ____

Wholesale trade, totalci'--------------------do ____ Durable goods establishments ____________ do ____ Nondurable goods establishments--------do ____

Retail trade, total L-----------------------do ____ Durable goods stores _____________________ do ____ Nondurable goods stores _________________ do ____

SURVEY OF CURRENT BUSINESS

1961 I 1962 p I 1962

":~~r~~.,Y Feb. I Mar. I Apr. I May I June I July I Aug. I f'ept.

GENERAL BUSINESS INDICATORS-Continued

111.5 114.6 114.2 114.1 114.4 114.9 114.7 115.7 116.3 116.2 106.0 108.5 109.4 108.6 107.5 107.9 108.6 110.3 111.8 111.3 123.3 135.6 131.1 131.8 131.6 135.7 137.1 137.6 138.3 139.0 129.6 146.9 140.4 141.0 142.2 145.8 147.7 149.7 150.7 151.0 108.7 112.8 111.1 114.0 109.6 112.6 115.1 113.4 112.1 113.6

111.9 129.0 120.5 119.9 124.0 130.2 132.8 136.1 134.8 133.4 110.3 113.0 111.7 113.2 112.3 112.9 112.9 114.3 114.0 114.6 110.6 113.8 112.2 113.4 113.6 113.9 113.5 115.1 115.5 115.5 107.9 108.7 109.3 112.2 105.2 107.3 109.4 109.7 105.9 109.8 110.8 112.3 111.1 116.8 110.3 112.5 108.2 113.4 112.0 116.0

102.6 1()4. 9 104.3 104. 8 105.5 104.8 104.6 106. 1 105.5 105.9 90.1 94.3 95.2 96.3 97.6 92.2 91.8 91.8 93.7 93.8

103.1 10.5.5 103.8 104.2 10.5. 3 104.7 10.5.3 107.4 106.2 107 .. 5 103.0 105. 1 103.2 1112.4 104. 1 104.1 105.6 107.7 106.7 107.8 111.9 112.5 131.7 128.9 120.0 116.6 109.5 110.4 104.1 97.8 109.4 109.6 100.6 102.7 1%9 115.1 113.8 114.5 117.9 118.2

122.8 132.3 129.0 128. 8 128. 1 129.8 132.4 133.5 132.3 133.0 123.2 133.2 129.6 12\l. 5 129.3 131.8 135. 1 136.2 134.5 134.2 121.5 129.8 126.9 126.5 124.2 123.6 123.8 -------- -------- --------

111.3 119.7 116.8 118.2 118. 5 120.2 120.6 121.7 121.6 122.0 112.7 119.7 117.3 118. 8 119.1 121. 1 120.9 121.7 120.9 121.8 112.0 126.0 121.8 122.7 126. 5 128.9 126. 5 127.9 126.3 127.6

111.8 131. 1 123.7 122.6 129.4 132.8 126.8 135.2 134.1 135.3 108.6 135.9 125.5 123.8 133.9 140.8 129.3 142.4 140.0 141. 2 116.0 124.9 121.4 121.0 123. 5 122.3 123.6 125.7 126.3 127.5

112.2 122.2 120.4 122.6 124.4 126.0 126.2 122.7 121.2 122.2 109.9 ng. o 116.0 120.3 123. 8 124. 2 123.3 118.5 115.2 1l.o. 8 112.8 123.9 121.0 121.5 123.8 124.5 126. 5 124.3 125.4 127.9

112.9 117.8 115. r. 117.1 116.5 117.9 118.4 119.2 118.6 119.6 109.0 114.6 112.2 113.8 114.2 114.8 115.6 115.4 114.9 116.1 114.0 118.6 116.6 118.0 117.1 118.8 119.2 120.3 119.7 120.6 110.5 113.7 111.5 113.2 113.6 114.3 112.8 115.9 115.6 115.7

109.5 109 9 109.9 113.7 106.9 109.1 109.0 110.9 108.0 111.9 120.7 129.5 126.6 127.5 125. 8 129.9 131.9 131.5 131.0 132.0 114.9 116.8 116.9 116.6 115.7 117.4 117.7 117.7 117.0 117.0 119.2 127.3 124.3 124.8 125.1 126.9 130.7 128.3 127.0 128.9

108.3 119.8 115.0 116.1 117.0 118.5 120.1 121.8 123.2 123.2 110.1 122. 1 116.3 118.0 119.3 121.2 123.1 124.4 125.6 126.2 107.4 117.2 113.4 114.2 115. 1 116.7 118.5 119.0 119.2 118.9 127.0 143. 1 139.3 141.7 144.0 144.4 144.8 145.6 144.7 144.9 103.4 117.2 109.0 111.6 109. 7 111.2 114.9 121.0 124.2 125.2 93.4 107.7 94.3 99.9 102.6 105.6 110.4 110.4 110.8 116.6

108.4 116.8 115.5 116.9 117. 1 117.0 117.1 117.0 117.7 118.1 104.8 114. 1 113.1 115. 1 116.2 114.6 113.7 113.8 114.8 114.9 107.9 127. 5 119.2 124. 1 134. 7 134. 5 127.0 134.2 130.6 129. 7 105.7 118.9 114.5 116.9 120.3 119.5 120.8 119.3 119.2 121.3 105.2 110.4 107.3 109.9 110.7 111.4 111.8 112.1 112.6 113.3

112.1 119.7 117.8 llS. 6 117.9 119.3 120.5 120.3 120.7 121. 5 110.5 116. 1 115.0 115.8 114. 1 116. 1 116.9 116.1 116.5 118. 1 111.3 117.0 116.7 119.7 113.1 115.9 117.5 117.2 116.4 118.6 110.0 115.7 114.2 113.9 114.6 116.2 116.6 115.5 116.6 117.9

107.1 111.6 110.5 110.2 110.9 110.9 111.8 112.6 112.0 112.7 102.0 104.7 103.2 103.2 104.6 103.6 104. 5 106.1 105.5 106.6 121.0 130.1 128.0 128.0 127.7 130.2 131. 4 130.9 129.1 130.2

I 61. 52 165.94 64.60 65.31 66.22 66.39 65.25 66. 51 66.09 66.86

30.73 33.26 32.85 33.22 33.48 33.50 32.96 33.40 33.29 33.68 14.54 16.20 15.95 16.33 16. 40 16.40 15.89 16.33 16. 3.1 16.34 16. 18 17.06 16.89 16.89 17.08 17. 10 17.08 17.08 16.93 17.34

12. 56 13.06 12.73 12.76 13. t>6 13.38 13.13 13.35 13. 16 13.48 4. 28 4. 52 4. 53 4. 47 4. 59 4. 60 4. 52 4. 64 4. 49 4. 69 8. 27 8.54 8.20 8. 29 8. 4& 8. 78 8. 60 8. 71 8. 67 8.80

18.23 19.61 19.03 19.33 19.67 19.51 19. 16 19.76 19.64 19.69 5. 61 6. 24 5. 98 6.18 6. 33 6.17 6. 03 6. 38 f..l3 6.12

12.63 13.37 13.05 13. 15 .13. 34 13.34 13. 13 13.38 13.52 13.57

95.54 98.80 96.70 97.05 97.26 97.52 97.88 98.15 97.90 98.38

55.20 57. 40. 56.18 51\. 57 56.69 56.81 56.91 .07. 00 56.97 57.19 31.47 32.69 32.19 32.41 32.47 32.58 32.58 32.63 32.69 32.74 23.72 24. i1 23.99 24.16 24.22 24.23 24.34 24.37 24.28 24.44

13. 48 13.97 13.62 13. 70 13. 70 13. 78 13.89 13. 97 13.88 13.95 6. 89 7.06 6. 83 6. 87 6. 88 6. 95 6. 97 7. 03 7. 01 7.08 6.60 6. 90 6. 79 6. 84 6. 82 6. 83 6. 91 6. 94 6. 87 6. 87

26.86 27.43 26.90 26.78 26.87 26.94 27.08 27. 18 27.05 27.24 11 .. 52 11. i3 11.48 11.38 11. 43 11.42 11.45 11. 59 11.51 11.66 15, 34 15.70 15.42 15. 40 15.44 15. 52 15.62 15.59 15. 54 15.58

I ''"'· I No.. I "" I '= I

114.6 114.8 112.3 '110. 2 108.2 109.7 100.5 94.0 139.5 139.1 '138. 6 '139.0 153.1 152.7 '150. 5 15!. 2 113.6 113.0 114.2 '114.3

<134.1 133.4 135.5 128.1 113.9 114.0 114.6 '114. 2 114.6 114.7 115. 1 '114.3 109.9 110.5 111.9 113.7 108.6 115.2 111.4 113.0

105 .. 5 106.2 103.0 '103. 0 94.0 96.3 93.2 95.1

107.6 107.4 104.2 '102. 6 107.2 107.5 103.8 '101.6 96.8 106.2 111.9 r 122.2

114.0 111.6 99.7 '103. 2

133. ,o 135.1 '135. 5 '136. 4 134.5 136.3 136.1 --------

-------- -------- -------- --------

121.5 121.4 '121.4 '122.0 120.8 120.7 '120. 5 '121. 9 127. 1 127.6 129.9 130.7

135.8 135.4 '137. 2 136.3 142.1 141.1 142.0 141.3 127.5 128.0 '130.8 '129. 6

121. 1 122.1 124.8 126.7 116. 7 118.1 121.1 '119. 8 125.8 125.8 12.5. 4 '130. 0

118.4 118.9 '119. 0 '119.1 116. 1 116.2 110.3 115. 7 119. 1 119.7 '119. 7 '120. 1 114.0 114.3 114.4 '113. 8

109.5 112.1 111.7 113.5 131.6 130.8 '132. 9 '133.1 116.4 116.4 115.8 '113. 9 128.0 129.0 127.9 --------123.6 123.1 '123. 2 '121.2 126.6 125.9 '126. 0 '123. 9 120.4 120.5 119.9 '118.8 143.8 144.4 H4.2 '145. 3 125.6 124.5 126.7 '126. 2 117.3 117.6 123.3 115.9

117.2 117.8 '117. 1 '116. 5 114.0 114.1 '113. 2 '113.1 127.6 126.9 12R 5 127.5 121.0 120.4 120.3 '121. 4 111.2 111.3 108.6 '108.0

120.5 122.3 '121.0 '120. 0 116 2 118.2 117. 1 11.1. 5 115.9 120.5 '117. 9 '119. 9 116.3 117.1 116.7 '113. 3

113. 1 114.1 '111.7 '111.6 106.5 107.2 '103. 8 '102. 9 131.9 133.1 132.9 --------

66.58 67.52 fl7.C3 '66. 56

33.48 33.86 33.36 '33. 13 16.34 16.46 16. 18 '16.01 17.14 17.41 17.17 '17. 13

13.27 13.42 13.47 '13. 18 4.60 4. 66 4. 6R '4. 75 8. 67 8. 76 8.80 '8. 43

19.82 20.23 20.20 '20. 25 6. 48 6. 52 6. 45 '6. 48

13.34 13.71 13.75 '13. 77

98.70 98.54 9R. 80 '99.08

Fi7. 27 57.19 57.40 '57. 48 32.76 32.66 32. tl9 T 32.73 24.51 24.53 24.71 r 24.76

14.03 13.86 13.97 '14. 05 7.09 7.07 7. OG '7.05 6. 94 6. 79 6. 90 '6. 99

27.40 27.49 27.43 '27. 54 n. 76 1 11.83 11. i3 11.72 15.64 15.66 15. 70 '15. 82

April 1963

1963

Feb. I Mar.•

'110. 5 93.9

139.5 --------'113. 5

--------114.3 114.4

----------------'103. 9

96.1 '103. 4 '102. 4

128.5 100.3

'137. 5 ----------------

'122. 4 '122. 6

131.0

'136. 2 '139. 5

131.9

127.3

110 ---------------------------------------------------------------

105.0 94

105 104

c:::: 137.0

--------------

122. 123. 131

136 139

6 0

-------

-------m:~l::::::-

'119. 9 121 116. 6 -------

'120. 8 121 114.0 -------

-------- -------134.9 -------115. 1 -------

-------- -------'121. 6 121.

125.0 125 li9.3 -------144.7

--~~~-:_1::::::: T 117, 2 118. 8 '114. 2 116

128.6 -------121.0 -------108.7

'120.31--;;~--115.8 -------119.9 [-------113.8 -------

'112. 7 113 '103. 9 104 -------- ------

68.30 ------34.03 ------16.52 ------17.51 ------

13.82 ------4.82 ------9. 00 ------

20.45 ------6. 60 ------

13.85 ------

99.28 ------57. 71 ------32.84 ------24.86 ------14.03 ------7.05 ------6. 98 ------

27.54 ------11. 77 I

~------

5 17 -'Revised. • Preliminary. I Total and components are based on unadjusted data. t See corresponding note on p. 8-3.

§'!'he term" business" here includes only manufacturing and trade. Business inventories as shown on p. S-1 cover data for all types of producers, both farm and nonfarm. Unadjusted data for manufacturing are shown on p. S-5; those for retail and wholegale trade on pp. S-11 \?Includes data not shown separately.

t: C'orrt'<·ted. and S-12. ci' See note marked "t" on p. S-11. t Revised series. See note marked" f" on p. S-11.

April HlG3 SURVEY OF CURRENT BUSINESS

1961 I 1962 1962 Unless otherwise stated, statistics through 1960

and descriptive notes are shown in the 1961 Monthly Feb. I Mar. I Apr. I May I June I I Au~. I Sept. I edition of BUSINESS STATISTICS average July

GENEHAL BUSINESS INDICATORS-Continued

BUSINESS SALES AND INVENTORIE8-Con.

Inventory-sales ratios:* Manufacturing and trade, totaL ___________ ratlo .. -------- -------- I. 50

Manufacturing. tota]_ ___________________ do ____ -------- -------- I. 71 Durable goods lndustrles ______________ do ____ -------- -------- 2.02

Purchased materlals _________________ do ____ --·----- -------- . 53 Goods In process _____________________ do ____ -------- -------- . 81 Finished goods _______________________ do ____ -------- -------- . 68

Nondurable goods industrles .• _________ do ____ -------- -------- I. 42 Purchased materials------------------do ____ -------- -------- . 55 Goods in proress _____________________ do ____ -------- -------- . 20 Finished goods ..•. --------------------do ____ -------- -------- . 66

Wholesale trade, totaL ___________________ do ____ -------· -· ------ I. 06 Durable goods establishments __________ do ____ ------·· -------- I. 51 Nondurable goods establishments ...... do .... -------- -------- . 83

RPtail trade, totaL.----------------------do .... -------- -------- I. 41 Durable f.!OOd; stores ___________________ <lo .... -------- -------- I. 92 Nondurable goodsstores _______________ flo ____ ---------------- 1.18

MANUFACTURERS' SALES, INVENTORIES, AND ORDERS

1. 49

1. 70 1. 99 . 52 . 79 . 67

1. 43 . 56 . 20 .67

1.07 1. 53 .82

1.39 l. 84 l. 17

1.47

I. 69 1.98 . 52 . 79 . 67

1. 42 . 56 .20 .66

1.05 1..10 .80

1.37 l. 81 I. 16

I. 47

1. 70 I. 99 • 53 . 79 . 67

I. 42 . 55 • 20 . 66

1.03 l. 51 . 7R

I. 38 1. s.o I. 16

1. 50

I. 73 2.05 .54 . 82 .69

1.43 . 55 . 20 . 67

1.06 1. 54 . 80

1. 41 1. 90 1.19

1. 48

1. 71 2. 00 .. 12 . 80 .68

1. 43 . .15 . 21 . 67

1.05 I. 52

. 80 1. 38 1. 82 1. 17

1. 48

1.71 2. 00 . 52 . 80 .68

1. 43 . .\5 . 21 .68

1.06 1. .16 . 79

l.:l8 1. 8S l.l.'i

I. 47

1. 70 2.00

. 52

.81

. 68

1.41 . 54 .20 .67

1.03 1. .II . 78

1.38 I. 90 1.15

Oct. I Nov. I

1. 48

1.71 2.00

. 51

.82

. 68

1. 43 .S5 .21 . 67

1.06 1. 54 . 80

1. 38 1. 81 1. 17

1. 46

1. 69 1. 99 .50 . 81 . 68

1.41 . 54 . 20 . 66

1.03 1. 52 .77

1. 36 1. 81 1.14

Dec. Jan.

1.47 •1.49

1.72 1.73 2. 02 '2. 04

. 51 '·52

. 81 '· 82

. 70 '· 71

1. 44 1. 45 .55 . 55 . 21 . 21 .68 '· 68

1.04 '1. 07 1. 51 '1.48 . 78 '· 83

1.36 1.36 1. 82 1. 82 l.H '1.1.1

I 1963

Feb.

1. 4.1

I. 70 1. 99

. 50

.80

.69

I. 42 . 55 . 21 . 66

1. 01 l. 46 . 78

1. 35 1. 78 1.14

S-5

I Mar.

Sales, value (unadjusted), totaL ____________ b!l. $.. 30. 73 33. 26 30.62 34.56 33. 17 34.67 33. 9.1 31. 34 34.03 33.411 36. 10 34. 13 31.66 • 32.34 31.81

Durable goods industries, total<;~ ___________ do ___ _ Primary metaL ..... ------- _____________ .do ___ _

Iron and steeL _________________________ do .. .. Fabricated metaL ________________________ do ... .

M achlnery ----------------- ____________ .. do ___ _ Electrical. __ ----_-------- _____________ .do ___ . None lectrlcaL _________________________ do .. _.

IndustriaL __________________________ .do_ .. _

Transportation equipn•ent_ ______________ flo ... . Motor vehlrles and parts _______________ do ... .

Lumber and furniture ____________________ do .. .. Stone, rlay, and glass _____________________ do .. ..

Nondurable goods Industries, total\! _______ do .. ..

14.54 2. 06 1. 25 1. 68

4. 87 2.00 2. 87 1. 25

3. 24 1. 94 . 82 . 76

16. 18

Food and beverage _______________________ do____ 4. ~g

~~~t1f~~-~~~=============::::::::::::::: ::~~:: :: 1: 22 Paper--------------------------- _________ do____ 1. 13 Chemical._----------------------------- .do .. __ 2. 49 Petroleum and coaL _____________________ do.... 3. 21 Rnbber __________________________________ do____ . 50

16.20 2.18 I.:n 1. 88

5. 31 2.18 3.13 1. 37

3. R5 2. 41 . !!0 . 8:!

17. OG

5. 05 . 4:l

1. 37 1. 20 2. ;:; 3. ]\)

. 55

Sales, value (seas. adj.), totaL ________________ cto ____ -------- --------

Durable goods Industries, total\? ___________ <lo .... -------- --------Prinlary metaL __________________________ do ____ -------- --------

Iron and steeL _________________________ <lo ____ -------- --------Fabricated metaL ________________________ <lo ____ -------- --------

14.86 2. 26 1. 42 1. 56

4. 9.1 2.05 2. 90 1. 2.1

3.-1.0 2.1~ . 78 .60

15. 76

4 .. >s . 37

1. 31 1.12 2 .• >O 3. 00

. 49

32.85

15. 9.o 2. 41 1. 52 ]. 83

1\-iachinf'ry -------------------------------do ____ -------- -------- .~. 22 ElectricaL _____________________________ flo ____ -------- -------- 2. 18 NonelectrlcaL __________________________ oo ____ -------- -------- 3. 04

IndustriaL ___________________________ cto ____ -------- -------- 1. 32

Transportation equlpment. ______________ do ____ -------- -------- 3. 60 Motor vehicles an<l parts _______________ do .... -------- -------- 2. Hi

Lumber and furniture ____________________ do .... -------- -------- . 88 Stone, clay, and !'lass _______ ------------ .do ..... -------- -------- . 80

Nondurable goods industries, total 11 ____ .•• do ...... ------ -------- 16. 89

Food and beverage _______________________ do ____ -------- -------- 4. 95 Tohacco _________________________________ do ____ -------- -------- . 43

Textile ... --------------------------- .... .clo .... -------- -----:.. I. 37 Paper-------------------------------- .... <lo .. __ -------- -------- 1. 21 ChemicaJ. _______________________________ <Jo .... ________ -------- 2. 75 Petroleum and coaL _____________________ cJo .... ________ -------- 3.17 Rubber----------------------------- _____ .do .. __ . 56

Inventori€'s, end of year or month: Book value (unadjusted), totaL ___________ ct 0 ____ '55.19 '57. 21 56.51

Durable goods industries, total\! _________ do. __ _ Primary metaL ______________________ do ___ _

Iron and steeL _____________________ do .... Fabricated metaL _____________ -------do. __ _

Machinery------- __ --- .• ____________ .do. __ . ElectricaL---------- ______________ .do. __ . N oneleetricaL ____________________ .do. __ _

IndustriaL ..•.. _______________ .. do ....

Transportation equipment. __________ do ___ _ Motor vehicles and parts ___________ <lo ___ _

Lumber and furniture ________________ do .... Stone, clay, and glass ________________ do ___ _

By stages of fabrication: Purchased materials. ________________ do ___ _ Goods in process _____________________ do ___ _ Finished goods _______________________ do. __ _

31.23 4. 91 3.05 3. Oil

10. 31 3. 96 6. 35 2. 46

6. 93 3. 22 ]. 84 1. 46

8.13 12. 56 10.54

:J2. :{4 4. 73 2. R2 3. 00

11. Oil 4. :n 6. 69 2. 62

7. 31 :l. 55 1.80 l. 52

8. 25 1:J. 01 11.05

32.33 4. 90 2. 99 3. 22

10.67 4.10 6. S6 2. 52

7. 24 3. 44 1. 84 1. 52

8.31 12. 95 11.06

17.06 2.61 1. 68 I. 80

5. 64 2. 27 3. 37 I. 47

4. 03 2. 52 . ~8 . 76

17.50

5. 02 .11

1.40 1. 27 2. 84 3. 27 . 57

33.22

16. 3:i 2. 46 I. 60 1. 89

5. 30 2. 21 3.01) I. 37

3. 7S 2. 33

. 88

. 78

16.89

4. 92 . 42

I. 37 1. 22 2. 72 3.18

. 56

56.87

32.70 4. 87 2. 92 3. 32

10.88 4. 22 6. 1)6 2.60

7. 25 3. 45 l. 84 1.54

8. 42 13.06 11.23

16.41 2. :!7 1. 47 1. 80

5. 37 2.12 ;;, 2fi 1. 36

3. 94 2. 47 .88 . 79

16.76

4. 84 . 41

1. 34 ]. 18 2. 83 3. 06

. 56

33. 48

16.40 2. 37 I. 49 1. 84

fi. 32 2. 22 3. 09 I. 33

17.24 2. 31 I. 38 2.01

5. 61 2. 20 :l. 40 I. 44

4. 23 2. 70 . 94 .87

17.43

5.Hi . 46

1. :J7 ]. 22 3.00 3. 19

. 59

33.50

16.40 2. 1\) 1. 33 1. 92

5. 42 2. 20 3.17 ]. 37

16. sa 2. J.) I. 24 2.03

.1 . .19 2. 25 :J. 34 I. 43

3, 96 2. 42

. 94

. 90

17.13

5. J.1 . 44

1. 40 1.2:1 2. 78 3.14

. 57

32.96

l!l. 89 2.00 1.16 1. 89

.~. :!9 2.19 3.10 1. 32

3. 92 3. 9il 3. 80 2. 43 2. 50 2. 3!i

.89 .90 .88

. 80 . 79 . 81

17. 08 'i7. 10 17.08

fi. 07 5. 00 .o. 07 .44 .44 .41

I. 41 1. 39 l. 39 I. 19 1. 18 1. 20 2. 72 2. 77 2. 71 3. 16 3. 20 3.18 .54 .56 .53

57.00 57. 14 57.08

:l2. 82 4. 80 2. 86 3. 38

10.97 4. 29 6. 68 2. 61

7. 27 3. 46 1. 82 1. 55

32.96 4. 78 2. 84 3. 41

11.10 4. 39 6. 72 2.64

7. 24 3. 41 1. 83 I. 55

32.87 4. 76 2. 84 3. 40

11.11 4. 44 6. 66 2. 61

7.14 3. 36 1. 84 1.54

15. On 1. 79 1. O;{ 1. 89

4. 87 1. 92 2. 9.1 1. 30

a. fo8 2. :l3 . 83 . 81

16.29

4. 94 . 4.o

1. 21 1.10 2. 58 3.10

. 53

3:l,<10

16.33 2. 04 1.17 1. 90

5. :l7 2.19 :i.l8 1. 42

1.1. 96 2. 09 I. 24 2.19

5.38 2. 22 3.15 I. 38

2. 95 1. 47 1.0.5 . 95

18.07

5. 2.1 . 47

1. 44 1. 28 2. 83 3. 26

. 55

33.29

16. 3.1 2.116 I. 211 1. 88

5. 38 2.18 :l.20 1. 38

15. 9.1 2. Oil 1.17 2.05

5. 28 2. 23 3.05 1. 34

3. 4.1 2.04 . 94 .86

17. 51

.1. 211 . 42

1.44 1. 22 2. 7r. 3.07

. 55

33.118

ltl. 34 2.11.) 1.19 1. Ill

5. 32 2.17 3. u; 1. 40

4. 05 4. 05 4. 05 2. 60 2. 50 2. 1)(1

. 89 . \11 . 89

. g;; . 82 . 82

17. OS 16.93 17. 34

.). 01 5. 04 5. 18 .45 .44 .43

1.37 1.32 1.3\l I. 17 1. 18 1. 22 2. 79 2. 72 2. 70 3.18 3.13 :;, 25

. 55 . 54 . 57

56. 65 56. 64 5G. 80

32.53 4. 78 2. 86 3. :;4

11. OJ 4. 40 6.61 2. 61

6. 91) 3.16 I. 87 I. 53

32 .. 15 4. 76 2. 85 3. 26

10.99 4. 41 6. 57 2.61

7.17 3. 40 1. 84 1. 50

32. !i4 4. 73 2. 83 3.14

10.99 4. 40 6. ,)9 2. 63

7. 38 3. 56 1. 83 I. 50

8. 43 13.05 11.33

8.50 8.531 8.!i9 8.60

~Ull iU~ ii:~~ I ~t:~~ 8.51

13.30 10.73

17.61 2.17 1. 2.) 2. 08

.1. 57 2. 36 3. 21 1. 42

4. 31i 2. S3 1. 02 . 95

18.50

5. f>2 .45

1. .o1 1. 30 2. 92 3. 311 .62

33.48

16.34 2. 07 1.18 I. 92

5. 28 2. 11 3.16 1. 36

4. 03 2. 60 . 93 . 81

17. 14

5.!0 . 44

1. 34 1. ~1 2. 72 3. 24

. 55

57.01

32.48 4. 72 2. 82 3. 06

11.04 4. 40 6. 64 2. 64

7. 43 3. 54 1. 81 1. 49

8. 38 13.34 10. 76

16.67 2.11 1. 23 1. 84

15. fl4 '15. 51 '15. ~5 1. 92 2. 08 2. 02 I. 12 ' 1. 21 1. 17 1. 63 '1. 70 1. 67

5. 34 2. 28 3.06 1. 41

4. 24 2. 81

. 94

. 86

17.46

5. 30 . 45

1. 44 1. 21 2. 66 3. 22

. 54

33.86

16. 46 2.17 1. 28 I. \12

5. 43 2. 19 3. 24 1. 42

3. ~0 2. 41 . 95 . 87

17.41

5. 22 . 42

1. 37 1. 22 2. 76 3. 21

. 58

56. gg

32.38 4. 67 2. 78 2. 99

11.10 4. 40 6. 69 2. 64

5. 30 '5. 02 2. 24 '2.09 3. 07 '2. 93 1. 40 1. 32

4. 09 '3. 96 2. 66 '2. 70 . 77 '· 83 . 72 '· 74

16. 03 ' 16. 83

4. 81 4. 93 . 42 .42

1.27 •1.29 l. 11 1. 21 2. 42 '2. 69 3. 29 '3. 44

. 50 . 56

33.36 '33.13

16. 18 '16. 01 2. 04 2. 03 1.19 1.16 1.84 '1.88

5. 41 '5. 29 2. 18 '2.18 3. 2:J '3. 11 1.41 '1.40

:l. 83 '3. 7~~ 2. '-!~1 T 2. 3~;

. 89 '.:!3

. R6 '· 87

17.17 '17.13

5.12 r 5.0(i . 42 .44

l. 39 'I. 33 l. 24 1. 23 2. 73 '2. 74 3. 17 '3. 2G

. 55 . 55

57. 21 '57. 69

32.34 4. 73 2. 82 :;.oo

'32. 68 '4. 65

2. 76 '3. 09

11.06 •11.19 4. 37 '4. 39 6. 69 '6. 80 2. 62 '2. 68

7.42 1.31 '7.43 3. 56 ~- 55 ' 3. 60 1.80 1.80 1.82 I. 49 1. 52 ' 1. 55

8.26 8.25 '8.22 13.25 13.04 13.17 10.87 I 11.05 • 11.29

5.13 2.12 3.02 1. 34

3. 80 2.48

. 84

. 71 ,--------16.46 --------

4.81 .38

1. 37 1.16 2. 6\ 3.10

. 50

34.03

T 16.52 2.12 1. 24 1. 95

5. 33 2. 24 3. !4 I. 40

3. 91) 2. 59

• Uf)

. 86 '--------

17.51 I ______ __ 5.141--------.431 ______ __ 1.42 --------1.24 --------2.85 --------3.24 --------.56 --------

58.05 / ______ __

33.DO 4. 63 2. 72 3. 14

11.30 4. 44 6.86 2. 68

7 • .11 3. 64 I. ~3 I. 5S

8. 20 13. 2fl 11.54

'Revised. t Advance estimate. 'Total and components are end-of-year data. *Stock-sales ratios an• based on thr ~easonally adjusted salrs and invrntories series.

presented on this page and on pp. S-4, S-t), and S-11. The ratios are derived by dividin~ <'Tid-of-month inventory book \·alues hy total sales during the month. Data for 1955-60 for

n1annfaduring and 1959-HO for whoh•sah• trade (scattered rninor revisions for 1955-58 will be available later) appear on p. 20 of the .Tune 1961 SrRVEY; data prior to 1961 (recently reYised) for tlw manufaet.nring and trade total ant! for retail trade are available upon request.

\!Includes data not shown separately.

S-6 SUHVEY OF Cl~HHENT HUSIXESS

I

Unless otherwise stated, statistics through 1960 I and descriptive notes are shown in the Hl61 edition of BUSINESS STATISTICS

J961 I 19621 J91)~

E~~~~;r FPh.~l\Iar~ ~- A~lr~T~-;~Y TJillw I July I .\ug.l ~Ppt.-~ Oct. I No\,

GENERAL BUSINESS INDICATOHS-Continued

VIAN!IFACTURERS'SALES,INVENTORIES,I AND ORDERS-Continued

Inventories. €nd of year or month-Continued Book valm' (unactjnsted)-Continued

Nondurahle goods industries. total 9 ___ hi!. $ __

Food and heverage ___________________ cto ___ _ Tobacco ______ , __ ------ ______________ do ___ _ Textile_------------------------ ______ do ___ _ Paper _____ ---------- _______________ - _do ___ _ ChrmicaL ------------------------- ... do ____ , Pt•troleum and coaL _________________ do_---~

n:~~~~~~ -,;r· iat;lcatio-;;:·---- ------ ____ do_--· Pnrrhased materials _________________ do ____ [

~fn~~~~d ~~gd~~~:::::::::::::::::::::~g:::: 'I

Book value lseas~na11y adjusted), totaL ••. do __ __

Durahlc goods mdnstnes, total<;> _________ do .... 1

Prg;;~r:n~~;~~i::::::::::::::::::: :::~~: ::: j Fahrirated metaL ____________________ rlo ___ -I

"r#l~~li;.--=:=: :~ :: -~~·I Tnmsportati?n equipment_ __________ cto ____

1

.\1otor vehicles anrl parts ___________ do ___ _ Lumber and furniture _______________ do ___ _ :'\tone. clay, and glass ________________ do ____ ,

By stagrs of fahriration: j Purchaser! materials _________________ rlo ___ _ noods in process _____________________ cto ___ _ Finished goods .. ___ --- _______________ rlo.- --

:o;on<lurah!e ~oods Industries, total? _____ do ___ -

Food and heverage ___________________ rlo ___ _ Tobacco ______________________________ , lo ___ _ Text lie _______________________________ rio ___ _ P;<per ________________________________ r!o ___ _

~~~~;~~~Ii-ailci-coiii~::::: ::::::::::: ::l~: :::I

2:l. gr,

.\. 44 2. 2S 2. r,s 1. cs 4. ;;;; 3. 43 1. 13

~. :18 3. 27

11.31

.~.1. 20

31. 47 4. iX 2. H9 :J.ll\

10. 411 4. 03 r,, 42 2. 49

ti. 87 3. 12 1. Rf\ 1. 47

K09 12. (;4 10.74

2a. 12

!i. 24 2. 17 2. 74 1. "~ 4. 28 3. 42 1. 13 n:~~7,~;~ off:~hrlr;~tio~;:- --- ___________ rlo.--1

Pnrchnsed materials _________ -------- _do_--- 1 5~ ~~ Goods { n process ________ ------------ _do_---~ Finisher! voods _______________________ do____ 11. 2~

'

24.88

5. 5~ 2. 24 2. fO 1. 74 4. 57 ;;, 47 1. 22

9. r.s :t 4fi

ll. 73

.\7. 40

;~2. i\H 4. (i2 '!. HH :;. 17

ll. 2fo 4. 47 n. 1n :2. HI)

7. 2~ :J. 47 I. 82 l.fi4

H. 2~ 13.14 11. :;:;

24.71

.\. 40 2.14 2. Xi 1. 7!i 4 .• 11 :J. 4fi 1.:22

!1. 44 3. 5!1

11. liS

Npw •)rr\er>, net (unadjusted), totnL _________ c!o ____ l'30. Uti 1:l3.0.1

Pmab!e ~oods industries, total 9------- ____ do_-- -I Pri:~~;:r,~l~r;~~~i: :_-_-_-_-:~==::: == :::: == =:::: ~1~::::! F:tbrirntefl metaL _________ -------- _______ do_-- -1

.\!~~~i\!~~[i~~i_=_~~::::::::::=: :::::::::: ::l~:::: I Tndu>trlnL --------- __________________ rio.---~

Trangportatlon equipment.. . _____ do ___ _

Hi.O~ :?. 0~ 1.21 I.'s

Nondun>~le g-oorls lnc!nstriee, totnL ________ <lo ____ l !H. 2:; 1<. M fndustne~ \\"i.th unfillerl ordersffi ________ do____ a.:~·s :{. 77 Indn~rrie~ wlthont unfilled ordPT~, ______ do____ 12.70 Ia. 27

N~""' orders. net (seas. adjusted), tot:1L _______ do ---~-------· --------

flurahle g:oo(ls industries, total9 ___________ do ____ -------- --------Primary metaL __________________________ do ____ -------- --------

Iron and steeL _________________________ do ____ -------- --------Fahrlcate<l metaL ________________________ r!o ____ -------- --------.:\.1achinery -------------------------- _____ do _____ ------- --------

ElectricaL_------------------------- ___ <lo ____ -------- --------NonelectricaL _____________ -------- _____ do ___ . -------- --------

Inrlustrlal_ __________________________ .do. ___ -------- --------Tn:~<oportat!on equipment.. ___________ do ____ ----------------

N•HHiurnhle ~oods industries, totaL ________ do ____ -------- --------Inrlustrles with unfi!le<l orc!ersffi ________ rlo ____ -------- --------Industries without nnfi!lec! orders, ______ c!o ____ -------- --------

l':~fllted orrlers, end of year or month (nnadjusterl), ~otaL --------------------------------. __ hi!. $-- 48.211 4.5. 6.1

f>nrahle goorls industries, total? ___________ rio ___ _

Prf;~;~r,;n~'~l~~i::::::::::::::::::::::::::~g:::: 4o. 12 4:~. 92

4. 7H 3. 64 3. 48 2. 32

F:thricnted metaL.--------------------- .rio __ -- 2. 98 2. 90

~;1 ~~~~~~~~~i~= = = = = == === == = = = = = = = = = = = = = = = = =~{~= = = = :\' onelertricaL ____ ----- ___ -- ___ ---------do_---[rt~lustria} _______ ---------- ____ ---- ___ flo ___ _

Tr:tnsportntion equipment _______ ~-------dO----

18. 111 17. 7H 111. 2\1 I 111.03 i. so 1 i. 73 :l. 5a 1 :l. 5(;

14. 64 I 14.10

;'>i•)n•lurahle goods industries, totalffi _______ do ___ _ ;;, OS 2. 74

U:ttiltt~_d orders, en1 of year or month (seaso~all.y I ad.iusted), total ------------------------"'!. $ __ -------- --------

Durahle goods industries, totaL ____________ do ____ -------- --------N0t!'imahle goods industries, tota!EJ) _______ do. ___ -------- --------

2•1. 18

5. 27 2. 31 2. 83 1.73 4. 41 3. 30 1.19

9. 531 3. 39

ll. 26

56.18

32.19 -1.89 2. 98 :J.2f1

Ill. 6fl 4. I-I fl. fi1 2 .• 53

7.12 3. 32 I. 84 I. 18

8. 40 12. ~9 10.90

23.99

5. 20 :?.HI 2. 78 I. 71 -1.31 3. :J\1 I. 17

u. 3fl 3. 411

11.24

31.1:1

!5. 33 2. :;s I. 4!1 I. 64 5. 14 J. 07 3.118 1.:{t) :;, 48

J,i, 81 3. t.s

1:?. :?3

:J:J.IJ8

16. HJ :1.3:J I. 4.1 I. 83 5. 3., :?. :?3 3.12 1.38 3. 711

16.89 3. 75

13. 14

.J9. 46

46. :l7 5 . . 57 4. 11 3.18

18.47 !0. 31

K. 16 3. 811

14.30

3.09

49.10 4~ i11

I 24 171

~: ~~ I 2. ~~ I I. 7!i 4. 441 :;. :n I. 21 I 9. f>O :J. 41

11.10

.50 .. 57

32.41 4.m 2. gs :J. 27

10. 7fi 4. 21 fl. ,1);. 2 .. ~)s

7.14 :;, 3!1 I. 84 I. 4!1

,><;,;)f)

12. ~l7 Hl. S~l

2t }(\

.\.:H 2. 1\l 2. -"'1 I. 7:l ... :~ti :J.-11 I. I'

~). -t .i :1.-!:1

i II. z....,

:H.:w

Jt;. It :?. :~n I. -II 1.:-..1) ;;_ ;) :?.:?>1 :J. j,,

1 !'Jl :1.\Ht

17. !'J/ ;{. \lq

l:.L .'""1S

~~- \10

11\.00 2. 21 I. ~q !.Xi< [). 27 2. J:l :J.1-l I. :;x ;{. 7\t

1ti. ~l;i

a. ~2 13.12

49.20

41\.04 5. :)2 a. ~7 :;, 17

JKo:l 10. '27

H. 2fi :l. S4

14. lfi

3.!fi

-19.111 45. 8Ii 3. 14

24.!9

:"i. 15 2. 20 2. 91 I. ifi 4. 41 :J. 3.o 1. 21

9. 5fi 3. 44

11. 20

56.69

32.-17 4. so 2. 93 3. 29

Ill. Rl 4. 24 6 .. 57 2. 58

7. 22 3. 49 1. 82 I. 49

s .. l)n 12. ~14 10. fl!i

24. 2:2

fi. :J2 2. 17 2. so l.J:l 4. :;7 3. 44 I. 1~

D. -t\1 :l. 4:l

II. 311

32. -!:)

1.\71 I.fHl

7 4 1. xo .o. :JI ., L-, ;j HI J.:lli

:3 . ~~~~

w. 7-t :J. 74

l:J.fll

:;z. 73

l;). 73 I. 7.1 . 79

1. 84 .5. :1,, 2. 2-1 :J. 01 I. ~fl 4. 00

17.1111 :J. 7.1

13.25

48.-18

4.5. 34 -1.04 3. 1-1 3. 17

18.-17 !0. 30 8. 16 3. 78

14. 21

3.14

-18.62 45. 52 3. 10

24.18 24.

5. Ill 2.14 2. 96 1. 77 4. a:; :). :37 I. 211

n. -t2 :J. 51

11.26

50. 81

32. 5S 4. 85 2. D2 :l. 2fl

Ill. 85 -1. ~5 6. 5~ 2. 60

7. 29 3. 50 1. 84 1. 50

8. 62 13.1111 Ill. \16

5. 34 2. IS 2. 84 I. 74 -1.36 3. -Ill I. 18

\1. -t7 3. 44

11. :;2

!fi. -IS I. !IS 1.116 1. !1.\ 5. :·H) 2.12 3. z:; I. 34 -1.02

17. 51 3. 92

1a .. 11~;

3:1.117

].). !17 1. s:l .\I.)

I. s~ 5. 28 2.17 :l.ll I. 32 3. 96

17. 10 3. 811

13.29

47.81

44. 59 4. 30 2. 82 3. 12

18.21 10.22

7. 99 3.69

14.00

3.22

48.28 45. 22 3.06

.~.

:?. 2. I. 4. a. I.

9 3.

11.

56.

32. -1.

0. 10.

4. 6 . :2.

7. 3. I. I.

8. 13. II.

:!-!.

fl. ., 2. I. 4. :;. I.

11. 3.

II.

33.

!G. 1.

1. i'l. :2. :J. I. :J.

17. :J.

J:l.

:J:l.

1;). ].

I. ,).

:2. 3. I. 3.

16. 3.

13.

47.

44. 3. 2. 3.

18. 10.

7. 3.

13.

3.

47. 44. 3.

:?:2 24.12 24.08 24. 2()

1:! 5. lfi .s. 32 ,;, 48 07 I. 99 2. 02 2. 10 m 2. 81i 2. 79 2. 73 7R I. 74 I. 73 1. 71 34 4. 35 4. 32 4. 31 40 3. 4.\ 3. 45 :;, 53 :!0 1.19 1.18 1. 1 ~

31

I

~l. 22 9. !18 9. 0!1 ;);) :;, 611 3. 54 3 .. \2 37 JJ.:lll ll. 47 II. fi5

1)1 57.00 56.97 .17. Hl

:.s 32. 1)3 32.69 32.7-1 8:; l. 80 -1.77 4. 74 ~1 2. 89 2. 86 2. 8:; 2:2 3.n 3. 22 3. 21 sn Ill. 9fi 11.114 II. 12 :1:2 4. 34 4. 41 4. 41 • IR n. n2 6. 64 1\.71 58 2. 60 ~. 62 2.fH

:?9 7. 24 7. 2H 7. 33 52 3. 42 3. 51 :J.4f\ 8-1 I. 85 1. 82 I. 83 .12 I. 53 I. 54 l .. i)fJ

,~)[) 8. 49 8. 45 8. 41 ()~ 13. !0 13.15 l:l. 21\ 01 11.114 11.11\1 ll.llii

:H 24.37 2·1. 28 24. jj

411 fi. :N 5. 31 !i. 37 18 2. 17 2. Ji' 2.14 s:; 2. 81 2. 82 2. :'\5 IIi I. 7.1 I. 74 1. 7fl :n 4. 3!1

I

4. 39 .J. 42 -:1:2 3. 43 3. ·111 :l. 44 :?0 I. 21 I. 211 I. 211

\1. 3~ -Hi IJ. 2U \J.:J:J 47 3.M 3. 511 ;},;):!.

41 11. 41i 11.48 11. .1H

60 3199 33. 3(\ 32. ))(j

;)1 15. 77 J,\. 48 15.40 81 1.74 2.04 I. RS H7 1.1111 1.18 1.111 Uti 1.9.\ 2.16 1. 9S r.-i 5. (Hi 5. ll .~. 24 :l] I. 98 2. o-t 2. 2() :n 3. 07 3.117 2. \1;"')

-tfi 1. 2~ I. 37 I.:J:l m 4. f).J 2. S!J :J.:H

119 lfl. 21 10.88 17. -tti s:J :;. -Ill 3. 84 :~. ~.\1 ?ti 12.82 Hll4 1:1. ~7

13 a:t 2n 32. ~3 a:;. ":J

H ltJ. 27 15. ~I 1;). ~9 7ti I. ~0 2.06 1.117 93 1.08 I. 20 I. IS Sti I. 92 1.91 I. 84 Hi .s. :;o 5. 23 5. IS 05 2. 07 2.08 2.14 11 3. 23 :l.!5 :;. 04 36 I. 3S I. 41 1. :l7 76 4. If! 3. fi8 -l. Oii

nn lli. 98 16.92 17. :J-1 7() :;. 72 3. 72 :;, 8fi 23 13. 27 13.20 13.4\l

.j5 48.09 47.43 41i.82

'27 4-1.99 44.50 43. 9ii 96 3. 91 3. 86 3. 74 M 2. 51 2. 46 2.39 05 3. 11 3.08 3. 01 27 18. 4ti 18.19 18.15 31 10.38 10.19 10.25 96 8. 08 s. on 7. 90 71 3.1>9 3. r,g 3.1i8 96 14.31 14. 2.5 14. 13

18 3. i1 2. 92 2. 88

91 47.84 47.20 46. 6ti 90 44.85 44.28 I -13. 73 02 I 2. 99 2. 92 2. 93

I I

24.53 24. G1

,;, 63 5. 64 2.16 2.14 2. 74 2. 76 1.71 1.72 4. 38 4. 44 3. 53 3. 51 1.19 I. 19

9. 33 9. 45 3 .. o! 3. 49

ll.li9 11. 67

57. 27 57. 19

32.76 32.66 4. 67 4. fiO 2. 77 2. 71 3. 16

I 3. 15

II. 23 11. 2:l -1. J7 4. 4fi 6. 76 6. ~~ 2. G5 2. 55

7. 35 7. 36 3. 43 3. 48 1. 82 1. 81 1. 55 1. .\5

8. 26 s. 1.5 13.34 J:l. 28 11. Hi

I 11.24

:.!4. fi1 2-t. 5:3

I t). 38 ! 5. 35 :2. 13 2.12 2. 8\J' 2. 90 I. 74 I. 74 4. 44 4 . .J4 3. II 3. 42 I. 22 I. 2~

9. 41 u. 45 3. ·'4 3. 54

11. {;7 II. 5-l

3.-). 78 3:l. ·17

17.311 11i. 07 2. 1~ 2.111 I. 21 I. 2(1 2.1111 I. 81 Ii . .J.2 .).():-.;

:?. HJ 2. 01 3. 2:? :;.o:; I. 3\1 I. 31i .J.. -~1 -1. 04

18. 4~ 17. 40 !. 1:? :l. 89

1-t. 31\ l:l. f•1

33. b2 :)0. 7l)

HL tl7 !fl. 34 2. 17 2. 07 I. 28 1.18 1. oli I. 95 ;i. 4:2 5. 4~ :2. 19 2.12 3. 24 3. 311 I. 34 I. 39 4.or, 3. 82

17. 20 17. 42 3. 81i 3. ~()

13.39 13.56

4ti. co 45.84

43.64 Ja.o:; 3.1i8 3. 67 2. 34 2. 32 2. 93 2. 911

18.00 17. 73 10.09 9. 8.1

7. 91 7. 88 3.1)6 J. 61

14. 28 14. 08

2. 86 2. 80

46.52 45.94 43. 55 43.03

2. 97 2. \1]

April lH(l;~

I 1963

\ Dec. Jan. ~-FPh. ,----1 .\Inr.

I I

24.88 r:?.J OJ :?.i or. ------

;j, 5~ r '5. 47 5. :;u ------2. :?4 2. 30 2. 31 -----2. so ~- S6 2. Ql 1. 74 'I. 7~ L •s 4. 57 4. f\4 4. r.;;..; , ____ 3.47 '3. 35 :l. 31 1. 22 I. 25 1. 2~1 ' ------

i 9. 08 r \.I. !)~) 9. 74 ·---3. 46 '3. il:Z ::L ti.5 ------

11.73 r 11. 70 ll.liti --- ---

57.40 '57. 48 5i". 71 -------

32. f>9 r 32.73 32. S4 ----4. n2 '4. 59 4. fH -------

2. ()9 ~. 68 2. 71' ---3. 17 '3.19 3. 17 ---

11.26 • 11.31 II. 311 ------4. 47 , 4 .• oo 4. 4~-~ .. ---6. 79 '6. 81 6. Sl -------2. ()(j 2. 70 2.tW -----

7. 29 • 7. 28 '- :Jx -- -----3. 47 • 3.48 3 .. II -------I. 82 1. 8~ I. 1'4 .. ----I. .54 I. 54 1.:0-1 -----

8. 22 r S. 29 _....;_ :!~1 -- ----13.14 13.11\1 13.1:• -- ----II. 33 'II. 35 11. 3; -- ----

~4. 71 r 24.76 :24. ~(; .- -----

5. 40 '5. 34 .). 3~ 2. 14 2.1~ :2.1>-J 2. 87 2.?-:f\

I 2. ~(i

----------

1. 75 1. /ti 1. /1\ ----4 .. \1 4 .. s:x 4. :)<...; -------3. 41\ '3. ,14 I 3. 41 -------1.:!:.! I. 24 i 1. :?f\ -------

i 9. 44 r ~~. 4(; ~1 • .'Jii -----3. 59 r ;~. (\5 ! 3. 'il -- ----

11.68 ' 11.1:5 II. fi4 ------

31.48 ':l3, lit; 3:?. 7~ -------

1.1). 5:? r ld. 17 r }f\. 29 -------1. 89 2. 2!) :2. 32 -----1.13 'I. 38 142 -------1. tl2 '1. 7ti 1./l --- ---5. :;:) r .). 15 i 5.:32 ~. 41 r 2. 07 :!. 17 :?. H:? r 0. llS 3 Jli -----1.;-{[) f I. 3\J 1'1 4. II 'l. 10 4. :!:! -----

] .1. ~It\ r Hi. VI 1ti. 4() -- ---:;, 41' r :·t 7H 3. 1n ... 12. 4K '13. 21 1'2.7\l --.

:;:l.IJ4 '3:l. YO 3-1. flll -- ---)I' •. 0:2 'w. 71 17. 15 !-2. Oil :2.14 :2.:!:) ----

1.:2:! 1. :2fl ] ~~4 I -------I. 81 r 1. 9:?. !.VI .\. 44 r 5. 51 I 3. 4\1 2. 41 • 2. :l4 :?. ~):?

3. 03 r 3. li' :J. I; -----I. 40 'I. 40 1.-15 ----3. fJG '4. 02 4. 48 -- ----

17.02 '17.19 17.45 -------3. 70 '3. S2 3. '3 -------

13.32 '13. 37 !3. ti:? -------

45.65 '46. 3\J 47. 3t\ ~-------

42.92 r 43. 57 r 44. 5:2 -----3. 04 r 3. S5 4. II -------:2. 3:? • 2. 50 :2. 75 -------2. 90 r :2. ~){j 3. nn -------

17. 7fi •17. 89 18. 0~ -------10.03 • 10. OJ \0. flfi -------

7. 73 7. 88 s. 1\2 -------3. 5fi T 3.fl3 3. 74 _,. _____

14. 10 '14. 27 14. 6!1 -------

2. 74 T 2. 82 2. 85 -------

45.85 '46. 2~ 47.1!0 -------4:). 00 '43. 41i '44.12 -------2. 8.1 '2. 88 2. 88 -------

• RPvlsed. 1 Total and components are monthly averages. 'Advance estimate. ,}'or these industries (food, bl\vpragPs, toharco, apparel, pl:'trolf'um, chf'mirals, and '< illcluaps data not shown separately. EBlneluc!Ps textiles, h·ather, papt•r, and printinl! and publishing industries; unfilled

orr1r\r'3 f1)r other nondurabl(' g-oods industrit'S are zero.

ruhher) salt.'S nre considerpd l'qual to HP\\' ordl'r~. *Xew Sl'l'il'S. :\lonthly data prior to Dec. 1%1 appear on p. 27 of tlw Fl•b. 191\:J oli'RVEY.

.\pril 1063 SUHVEY OF CUHRENT BUSINESS s-7

Unless otherwise stated, statistics through and descriptive notes are shown in the edition of BUSINESS STATISTICS

1960 I 1961 1961 -1 1962 -1-···----··----·------·--1\lonthly . avera~e Feb. I ~lat. I _\pr. I May I

1962 1963

June I July I Au;. I Sept. Feb. I Mar.

GENERAL BUSINESS INDICATORS-Continued

BUSINESS INCORPORATIONS d"'

14. 3fl!\ 117. 19<\ lfi.31R I l\ew incorporations (50 States): Ell Fnadjnst('rl _____________________________ number __ 15, 128 1.>,171 15, 6!\3 lf\,40R l!\,234 14,957 H,95!\ 12,777 12,926 13, \12!\ 17,348 14,012 8rasonally adjusted* __ .------------------ .do ____ l'll1S,775 'r 1.1, 727 'l.o. 372 • 10.363 •14. 900 I' 1.1), 171 •lfi. 216 r 15.232 •15,121 ,, 14,892 '14, 767 rJ4.4fi7 10.398

INDUSTRIAL AND COMMERCIAL

1. 25b I FAILURESO'

Failures, totaL --·------------------------number __ I. 423 I, 315 I. 353 I, -Ill() 1 .. o04 1.378 1, 281 I. 165 I, 319 l, 118 I, 410 I, 216 I, 101 I. 304

Commercial service_ ---·--·----------------do ___ - 123 112 110 14:l 119 102 113 106 120 92 111 109 100 113 112 Construction __________________________ ---- .do •• -- 229 225 251 271\ 273 2:l7 194 187 217 194 231 193 2\9 183 228 '\1annfacturln~ and mining ________________ rlo ____ 235 21!\ 216 228 200 229 237 215 227 185 244 200 \81 244 199 Retail trade ________________________ ------- .do_--- 691 t)2D 62.~ 701 767 664 6116 545 622 514 f\72 590 497 582 1)29 \\' holesale trade ____ ------ __________________ do __ -_ 144 134 1.)1 142 14.) 146 131 112 133 133 152 124 104 136 136

Liabllltles (current), totaJ. ________________ thous. $ __ 90,844 101.1:33 90. 199 RO, .~78 121,831 91.512 88,493 91.574 H6. 832 9<1, 165 119,092 98,841 81,275 160,91\3 94. iJ,o

Commercial service. -----------------------do __ -- 6,694 7,831 !i, 13t 9, 998 5,440 ~. 270 5, 44.5 5, f\42 6, 977 5,605 7, (\34 16,184 8, 785 7, 738 7,198 Construction ____________________ ----------- do_--- 16,084 20,2% 21i, 4!1.0 Vl,Gl2 24, .o86 1f3, 7H?-; J:l. 627 22.412 3:J, 618 12,803 24.728 16, 09.o 18,744 31.113 22 .. 530 :\Ianufactnring and mining ________________ do ____ 27, 107 33,333 2:j,02:J 22,421 49,677 :29, 1)5\1 32,82\ 21. 59~ 3f\,170 39, !)88 48.833 34.069 20,671 51\,054 21\.971 Retail tmrle_. ______________________________ do ____ 27, 754 29,113 21.1\1\ 2fl,044 31,6!Jl '27, !){)f) '27, 06.1) 29, 999 53. 180 27,944 2fi, 871\ 24.107 22, 744 29.552 26.098 Wholesale trarle _______________ ------------.do_--- I:J, 205 10.5:31 9. 231\ 7, 803 10,437 10,211\ 9, 535 ll. 923 16. 887 9,825 \1,021 8.386 10,331 36,506 11.918

Failure Hnnual rate !seasonally adjusted) '64. 4 No. per 10,000 concerns __ I 60.8 1\1. 1 i\9. 4 65.0 1 58. 7 57.3 58.3 62. s 62.2 ()(i, 3 ! 59. 4 56.0 55.2 60.7

COl\Il\lODITY PRICES

PRICES RECEIVED AND PAID BY FARMERS

Pr!ees received, all farm products, ___ 1910-14= 100 __ 240 243 243 241 242

Crops _________________________________ - ____ do ___ _ C'ommerclnl Yegetnhles _____ . ____________ do ___ _ Cotton _________________________ ------- __ .rlo ___ _

226 233 231\ 272 31~ 312 246 24S 2f>R

226 231 218 253 262 267

Feed grains and hay._----------------· __ •lo __ _ Food grains ______________________ .-- _____ do __

!52 153 155 2\9 223 2M

!51 153 209 226

Fruit __ ------------------------------ ____ (lo ___ _ 246 221 2If> 229 220 <)fl-hearing crops ____ ------ __ ·------ ____ do ___ . Potatoes (Incl. dry edihle heans)_ ________ uo ___ _ Tobncco __ --------------------- ________ .do ___ _

:2!);{ 25'2 255 125 132 137 512 543 .>13

257 248 !.oR l.o~ fi21i 5:32

Lin"stock and products ____________________ do ___ _ Dairy products_------------- ____________ do ___ _ :\1 eat animals ____________________________ do ___ _

257 2!\1 211\ '2f\3 25.1) 240 30[) 307 303

251 2.01 25!! 25:! 2\J!l :llo

Poultry and evgs ___ ·-- -------- ___________ do ___ _ 14o 114 lSI 147 13\J \\' ool ... -------- ________________ ------- ___ do ___ _ 230 :2-tn 237 240 253

Prices paid: .\11 commodities anrl services ______________ do ___ . 2'i'li 27\1 270 27U 280

~~~d1~~tl~~~~re~~l~~~~~~~===============~= = = ~;t~~ ~ == 2114 29t 2!)4 2fiS 26\l 270

2\11 2\H 2tili 26!)

.-\11 commodities and ~erYices, interest, taxes, and wage rates (Parity index) ______ .1910-14= 100. _ 302 !lOG 30.) '306 307

Parity ratio §. ________________________________ do ___ _ 19 liO 811 80 79

CONSUMER PRICES t

(U.S. Department of Labor Indexes)

All Items L--------------------------1957-.oq=HlO __ 104. 2 105.4 104. 8 105.0 105.2 .Special group indexes:

.\ll items less food ________________________ do ___ _ 104.8 106.1 105.5 105. 7 106.0

.\llltems less shelter._------------------ .do ___ _ 104. 2 105.4 104. 8 105.0 105.2

All commodities_ ------------------------do ___ _ 102.4 103.2 \02. 7 102. H lll3. I Nondurables ___ ------------- ___________ do ___ _ 102.8 103.1i 103. 1 IO:J. 2 wa. r, Durables ____ ------------- _____________ do ___ _ 100.5 101. ,) 1110.8 100. \) 101.4 Ser\'ices _____________________________ -- ___ do ___ _ 107.6 109. 5 108.9 109.0 109.2

. .\ ppareL __ --------------------------------do. __ _ 102. 8 103.2 102.0 \02. 7 102.7 Food<;! -------------------------------------'10 ___ _ 102.6 103.6 103. 1 103.2 lll3. 4

Dairy products __________________________ do ___ _ Fruits and vegetables ____________________ do ___ _ Meats, poultry, and fish _________________ do ___ _

105. 1 \05.0 103.7 102. 9 104.4 108.6 100. 6 100.6 100.1

104.8 104. I 104.2 105.0 99.:; 101.7

Housing<;! __ ------------------------------_do ___ _ Gas and electricity -----------------------do ___ _ Hm"efurnishings _______________________ .do. __ _ Rent _____________ --------- ______________ .do. __ _

104.6 104.6 104.6 107.9 107.9 107.8 99.3 99.5 99.3

105.2 105.3 105.4

103.9 104.8 107. g 107. g

99.5 98.9 104.4 105.7

'\oiedical care _____ --------- ________________ .do ___ _ 111.3 114.2 113.0 113.6 113.9 Personal care ___ ---------------------------do ___ _ 104.6 106.5 105.8 105.9 106.3 Reading and recreation ____________________ do ___ _ 107.2 109.6 109. 1 109.2 109.4

Transportation_ .. ----------------- _________ do ___ _ 105.0 107.2 106.0 105.9 107.2 Pr!Yate __________ ---------------- _________ do. __ _ 104.0 105.9 104. 7 104. (\ 106.0 Public __ --------------- __________________ do ___ _ 111.7 115.4 114.8 114.9 115.6

Other goods and services _______________ . ___ do ___ _ 104.6 105.3 105.0 105. I 105.1

'Revised. • Revisions for 1961-62 are as follows (numlwr): 1961-J,m., 13,607; Feb., 14,570; May-Oct., 15,298; 15,431; 15,492; 15,277; 15,402; 16,035; Dec. 15,711; and Jan.1962,15,279.

'Based on unadjusted data. 'Index based on 1947-49=100 is 130.2. a' Data an• from Dun & Bradstreet, Inc. Ell Figures in 1961 BusiNESS STATISTICs volume cover 49 States (Alaska not included); see July 1961 SURVEY for unadjusted data back to January 1960 for 50 States. *New series. Data for Jan.-Dec. 1959 (49 States) appear in the Oct. 1961 ScRVEY. For revised data (50 States) for 1960, see similar note in the Jmw 1962 SURVEY,

242 239 2J 244 2.50 245 245 242 214 242 240

243 231\ 231 I 229 232 226 227 224 22R ~32 238

32.) 258 229 201 201 197 233 23tl 2(11) 2nl 241 270 275 275 275 280 275 21\8 21H 254 201 270 !59 157 m~ I 51 li\4 152 147 153 };)7 1•;1 161 230 230 226 226 226 2:JO 231 231 234 234

210 203 191 21~ 2fifi 2!3 221 198 21(; 221i 2G7 255 2.)3 252 245 2:lS 2:J8 244 247 2.ol 2!\~ 258 189 220 205 I 74 1[);{ 13~· 144 147 1.\1) 15o I .)I

543 Sl3 542 518 .12!i 519 S20 ;;o5 4>\5 :;o·> 50!

212 212 248 z.o<i 2fi() 261 262 2o8 257 2!)1 242 232 230 z:m 24>; 2.>., 26ii 268 20:1 2.'Y7 254 248 303 3115 :llll :Hx :12n 311 314 308 ;!118 204 281 130 128 I.3:l 141 !.1;{ 1511 l.)l lT1l lfl2 l!i/ !5o zno 261 257 25'l 2:11 249 25~ 249 2.=)!) 21i4 274

2KO 279 27H 279 2KO 281 281 I 2K2 284 284 283 2!Jtl 2\11 211! : 2!14 291 2\H 295 296 297 298 2117 260 ~().") 268 ' 2tiK 271 271 271 273 274 214 274

307 30!) 31J[o :ms 307 307 307 309 311 311 3\0

79 ~~ 70 ,,<IJ 81 80 80 78 78 7~ 77

105.2 105.:3 105.5 105. ,) 106. 1 106.0 101\.0 105.8 100.0 '106. I --------106.0 106.1 106.1 106.2 106.6 HHi. 7 106 7 JO(i. 7 lOti. 5 106.6 --------!05.2 105.3 105.4 105.5 !IJ6.1 IOii. I 106.0 105.8 105.9 106.1 --------

103.0 103.1 103.1 103.2 104.1 104.0 103.9 103. (\ 103. ti 103.8 --------103.2 103.4 103.5 1113.5 104.7 104.4 104.2 IIJ4. 0 104.3 104.5 --------101.5 10l.(i 101. 5 101.7 101.6 102. (l 102.2 101.7 100.4 100.6 -- -----109.4 109 . .) 109.8 IIJ9. 9 109.8 \09.8 110.0 llO. I 110. 5 110.5 -- -----

102.7 102.8 102.9 102.5 104.6 104. II 104.3 103. fJ 103.0 103.3 -- -----103.2 103.5 103.8 103.8 104.8 104.3 104. 1 103.5 104.7 10.).0 -- -----103.0 102. 7 103.5 103.9 104.2 104.3 104.2 103.9 103.8 103.6 --------109.4 lll.\1 109.9 105.2 102.2 102.0 102. I 100.2 106.4 109.4 --------99. G 99.7 100.8 102. (\ 106.3 104.1 103.5 102.5 !02. 5 102.1 --------

104.7 104.8 104.8 104.8 104.9 105.0 105.1 i0.5. 2 105.4 111.5. 4 --------107.7 107.7 10~. 0 108.0 108.0 108.0 108.1 108.1 1()8. 2 108.0 --------9\1.0 99.1 99.0 98 .. 5 98.7 98.8 98.7 98.6 97.9 118.3 --------

105.5 105. (i 105.7 10.). 8 105.9 106.1 !06. 2 lOti. 2 106.3 lOti. 4 --------114. 1 114.4 !H. 6 lH.tl 114.7 114.9 115.0 115. 3 115. 5 115.6 --------106.4 106.1 106.8 106.8 1116.8 106.9 107.1 107.1\ 107.4 107.3 --------109.5 109.2 110.0 110.3 110.0 109.5 110.1 110.0 110.2 110.0 --------107.3 107.3 106.8 107. 4 107.8 108.1 108.3 108.0 !IJ6.1\ 106.8 --------106.0 106.0 105. 4 106 2 106.7 106.9 107.2 106.8 105.3 1o.o. 3 --------115.6 115.6 115.6 115. 7 115. 7 116.0 115. 4 115. 7 115. 7 116.3 --------105.1 105.2 105.6 105.5 105.6 105.6 105. G 105.6 10,). 7 105. 7 --------

,Revised beginning Jan. 1959 to incorporate price revisions for individual commodities; revisions for earlier periods will be shown later.

§Ratio of prices received to prices paid (including Interest, taxes, and wage rates). !Data reflect conversion to the 1957-59=100 reference base period. Monthly and annual

data for earlier periods appear on p. 19 of the Oct. 1962 SURVEY. \!Includes data not shown separately.

S-8 SURVEY OF CURRENT BUSINESS April lflG3

Unless otherwise stated, statistics through 1960 \ and descriptive notes are shown in the 1961 edition of BUSINESS STATISTICS

I

1961 I 1962 p I 1962

~~~~~;;' Feb. \ Mar. I Apr. I ~1ay I June ! July I Feb. I ~lor. Aug. I ""' I Oct I ""' I """ I '"" I 1963

COM!\IODITY PRICES-Continued

WHOLESALE PRICEScf't

(U.S. Department of Labor Indexe3) Spot market prices, basic commodities :•

22 Commodities ___________________ .1957-59=100 •• - -~----- -------- 96 .• 1 97.0 9.1. 4 9 Foodstuffs ___________________________ ..• do •.•• -------- -------- 90.8 92.2 91.3 13 Raw industrials ____________________ .. .do •••• -------- -------- 100.6 100.4 98.3

.All commodltlest ----------------------------do •. -- 100.3 100.6 100.7 100.7 100.4

By stage of processing: 96. 1 97.1 97.6 96.5 Crude materials for further processlng ____ do ____ 97.5

Intermediate materials, supplies, etc ••.•. do .••• 100.3 100.2 100.2 100.3 100.5 Finished goods0. -------------------- ___ .do .. -- 101.4 101.7 102.1 101.8 101.4

By durability of product: Nondurable goods ________________________ do ____ 99.6 100.1 100.3 100.2 99.7 Durable goods ••• ----------- ______ • __ --- .do •• __ 101.3 101.0 101.2 101.2 101.2

Farm products 9 ---------------------------do ____ 96.0 97.7 98.2 98.4 96.9 Fruits and vegetables, fresh and drled •••. do •••• j 93.7 97. 7 104.3 106.0 99.0

£~!~tack ·;ii~Y iive P"otili:iy:::::: :::::::: =~~:::: 1 95.6 98.8 96.7 97.4 98.5 92.5 96.2 94.5 95.7 94. 1

Foods, processed 9 €7-----------------------do •••. l 100.7 101. 2 101.8 101.6 100.2 Cereal and bakery products ______________ do ____ 105. 1 107.6 107.3 107. 4 108.0 Dairy products and Ice cream ____________ do ____ l 107.5 106.9 109. 1 108.0 106.0 Fruits and vegetables, canned, frozen •••. do •••. 101.7 98.0 99.8 99.3 99.0 Meats, poultry, and fish _________________ do ____ 95.4 99.1 98.7 98.4 %.6

Commodities other than farm products and foods 100.8 100.8 100.8 100.9 1957-59=100 •• 100.8

Chemicals and allied products 9 _. _______ do ..•. ] 99. 1 97.5 98.1 98.0 97.9 Chemicals, industrlaL _________________ clo ____ i 98.4 96. a 96.8 9C,. 6 96.5 Drugs and pharmacenticals •.•..•••.... do ..•. ! 98.3 96.0 97.1 97. I 97.0 Fats and oils, lnedlble __________________ do •.•. l 87.5 76.3 77.0 Rl.:l 79. :J Fertilizer materlals _____________________ do ..•. I 104.3 101. !I IOn. 3 JO:J. 7 103.7 Prepared paint. ________________________ <.Io •.... l to:l.6 103. ~ 103. 7 103. 7 103. 7

Fuel and related prod., and power<;? ••••• c\o ____ l 100.7 100.2 100.4 98.9 lOll. 2 CoaL ____ ••• ----------------- ••. ____ .•. do .... 97.7 !16. 8 !18. 7 98. 7 !l5. 3 Electric power ________________ Jan. 1958=100 •. 102.4 102.8 103.0 103. I 1113.0 Gas fuels ••.• __ ---------------. ____ ••.•. do ..•. 118.7 119. 2 122.0 119.4 ll:i. 3 Petroleum products, refined .••. l957-59=100 .. 1 99.3 98.2 97.8 95.3 98.9

Furniture, other household durables <;? __ .do ____ 99. 5 98.8 99.1 99.0 98.9 Appliances, household ________________ .do ____ \15.2 94.0 \15. (I !14. 9 94. 7 Furniture, household. __ ------------- .. do •••. 1()2. 8 103.8 lo:J. 5 !03. 4 JO:l. 4 Radio receivers and phonographs .•.... do •••• 91.5 86. I 87.8 87.1 81o. s Television recelvers ____________________ do •••. 97.2 94. 2 93. i 9:l. 7 93. 7

Hides, skins, aud leather products<;? _____ do .... 106.2 107.4 1117.7 107. 4 lOG. 9 Footwear __ ------------------------ __ .. do ____ )8~: ~ I lOS. 7 108.5 108. 7 10~. 7 Hides and skins _______________________ do •.•• 106. 2 10.5. 4 103.8 lfl3. a Leather _____ • _______________ •• _. _______ do._ •• !Oil.O 108. 5 llii.G 109.6 HHl. fi

Lumber and wood prodncts ..•.••.••••••. clo ..•. H,l).~l ~Jfl. 5 9,\. 2 9fl. 2 96.8 Lumber ________________________________ do .... 94.7 !16 5 !1·1. 8 95. ~ 96.8

Machinery and motive prod. 9 __________ do .... 102.3 102 :l 1112. :J !02. 3 1112.3 Agricultural machinery and equip ....• do ••... 1117.4 10!1. 5 1119.2 !09. 4 109.2 Cmu;;truction ntachinery and equip _____ do ____ l 107. 5 107. 8 1117.6 10i. 6 107. 7 Electrical machinery and equip ________ do •••. 1 100.0 \IK 4 98. s ns. 7 98.6 Motor vehiclcs _________________________ do ____ l 100.7 100.5 1110.2 !00.1 100. 1

Metals and metal products<;? _____________ do •... \ 1011. 7 100.0 100.6 !00. 4 1<10. 3 Heating equipment.------------------ .do._--~ 94.H !13. 2 U:J.~ !:13. 7 93. 7 Iron and stee\. _________________________ do ..•. 1011.7 ~m. :3 !llfl. 4 !!9.8 fin. 6 Nonferrous me talA.------------------_ .do ..•. 100.4 U9. :2 100.3 100. I 99.8

.'lonmetallir mineral products<;? __________ do .••. 101.8 101.8 102. I 102. 2 102.4 Clay products, structuraL. ____________ <\o •.•. lll:l. 2 IO:J. 5 103." 103.6 1113. G Concrete products.------------------ •. do .. __ 102.5 102.6 102. 6 102.6 102.6 Gypsum products ____________ ------- ••• do .. __ 103.8 105.0 105.0 105.0 10.5. 0

Pulp, paper, and allied products. ________ do •... 98.8 100.0 99.9 1111.0 Jill. 3 Paper----- •• --- •. --- ___________________ do .... 1112.2 102.6 1112.5 102. 7 1113. I

Rubber and products ____________________ do .... 96.1 !!3. 3 H3. f> (13. 6 92.9 Tires and tubes ________________________ do ..•. !12. 4 87. 1 87. 0 87. 6 so. 1

Textile products and apparel9 ___________ do .••. 99.7 100. r. 100.4 100 .• 1 100. ,1 AppareL------------------------------do .••• 101.0 101.5 101.2 !01. 3 :g~ ~ I Cotton products._---------------- __ .•. do. ___ 1011.4 101.7 102.2 !02. 4 Manmade fiber textile products ________ do •... 93.4 93.9 \13. 3 I~~: i I

9:1.7 Silk products. ___ ------- _______ •.•.•••. do •... 113.2 12r1. g 113.2 121.6 Wool products ____________ ------------ .do •.•. 97. 1 9\1.1 98.1 \18.3 I g8. 6

I Tobacco prod. and bottled beverages 9 ••. do .••. 103.2 104. 1 1113.8 !114. 0 ! 10-l. 0

Beverages, alcoholic ____________________ <lo ... _ 100.6 101.0 100. i !00. 8 11'0. S 1

Cigarettes _____________ ----- ____ ._._. __ .do .... HI!. 4 101.4 HI!. 4 Ill!. 4 1111.4: Miscellaneous ____________________________ do .•.. 103.9 107.:; 1115. t; 10:>. 6 ton. o 1

Tors, sporting goods ___________________ do .... 100.9 100.8 lOU. 3 100. 5 100.5

PURCHASING POWER OF THE DOLLARt

As measured by-Wholesale prices--------------------1957-59=100 •. 99.7 99.4 99.3 99.3 99.6 Consumer prices.--------------------------do •••. 96.0 94.9 95.4 95.2 g;), 1

'ReYised. 'Indexes based on 1947-49=100 are as follows: ~!easured hy-wholesclh' prices, 84.3 (Mar.); consumer prires, 76.9 (Feb.). d'For actual who!«sa!« pric-e'S of in<liYi,lual con1moditirs, see respective eon11nodities. tData n'firct ('OllVPrsion to the 19.~7-59=100 rl'fcr­ence base period. Monthly and annual data for c'arlier perio,ls for major eomponrnts ''llPt'ar on p. 20 of the Oct. 1962 SURYEY. *New srrirs. The ind('X measures. pri('<: trrnds of com­modities which are parti('ularly sensitive to fadors flfff'eting spot nuukds.

94.6 93.0 92.5 92.6 92.5 92.9 93.0 92.6 93.5 93.3 92.2 90.2 89.8 90.0 89.9 90.3 89.9 88.4 88.2 90.7 90.8 8(1. 2 97. 8 95.4 94.2 94.5 94.0 94.9 96.4 95.8 95.5 95.1 94.4

100.2 100.0 100. 4 100. 5 101.2 100.6 100.7 100.4 100.5 100.2 99.9

95.8 95.2 96.5 97.2 99.2 97.4 97.6 96.8 96.8 '95. 6 94.5 100.4 100. 2 HlO. 3 100.1 100.2 100. 1 100.1 100. 1 100.2 100.1 100.0 101.2 101. I 101.5 101.7 102.6 101.9 102.0 101.6 101.8 101.5 101. I

99.5 99.3 99.8 100.0 101.2 100.4 100.5 100.0 100.2 99.7 99.2 101.1 101.0 101.0 101.0 100.9 100.7 100.7 100.7 100.7 100. 7 100.6

96.2 95.3 96.5 97.6 100.6 98.7 99.3 97.3 98.5 '96. 5 95.4 107.1 98.7 92.2 90.9 94.9 97.5 !16. 4 88.5 104.0 r 96.5 ~9. 0 101.0 99.9 99.1 9R 1 98.6 98.5 99.5 101. 1 102.0 103.0 103. ~ 91.4 91.6 95.8 98.5 104.4 98.61 98.3 96.2 94.1 89.5 85. G

99.6 99.8 100.8 101.5 lm.3 101. 5 101.3 100.9 !OD. S 100. 5 99.1 107.4 107.6 107.9 107.8 107.6 107.6 107.7 107.6 107.4 '108. 6 lOS. 2 104.5 105.0 105.7 106.1 106.0 107. i 108.0 108. 1 107. 8 108.0 l(J.. 0 98.6 99. 1 98.7 97.1 96.6 96.4 96.3 95. 7 100.0 100.0 101. 4 95.5 95.7 99.0 101.0 106.8 100.0 100.1 99.4 97.9 95.6 91.8

100.9 100.7 100.8 100.6 100.8 100.7 100.7 100.7 100.7 '100. 6 100.11

97.7 97.6 !17. 2 no 96.9 97. I Hi. 0 96.8 9!i. 9 '96. 7 96.8 96.3 96.2 9fl. I 95.9 95.9 96.1 9,1. 9 95.9 96.0 '95. 2 95.4 97.0 97.0 95. I 9.1. 0 nR. o 95.1 (15.1 94.8 95. 2 95.1 Hf1. 2 77. 1 73. 4 73. 5 73.0 72.3 76. 7 75.9 72.8 71. 7 I 72. 7 74. (I

1113.6 103.6 101.0 9H. 4 98.6 99. o I 99.2 99.6 100.8 I 102.3 102.3 103. 8 103.8 103.8 103.8 103.8 103.8 103.8 103. 8

I 103.8 103. i 103.8

99.7 99.6 100.0 99. ,1 100.8 too. sl 100.7 100. 8 100 .. j 100.3 J(XI. X 94.6 94.6 9,1. 3 95. r. U6.6 t}i. 2 t17. 7 98.3 98.3 T \J8. 4 %.1

102.\1 102.8 I 102.8 102.8 102.8 102. i 102. 7 102.7 102. 5 102.5 102.4 116.6 u:J. 8 1

119.7 ll7. 8 1211.1 122. 7 122.3 12:J. 1 120.8 r 127.8 127. {I 97.9 98.1 98.0 97.2 99.2 9!'. 9 98.6 98.6 98.2 H7. 1 98.2

!19.0 ~18. H 98.8 ' 98.7 98.6 98.5 9S. (i 98.4 98.3 98.2 n~. 2 94.3 !14. 3 \13. !l 93.4 93.2 93.0 '13. l 93.0 92.3 92.3 ~2. 3

103.7 103.\1 1(14. 1 lfl4. 0 103.9 104.0 104. 1 104. 2 104. 5 '104. 5 104." 87.2 84. 8 85. 4 85.4 8.o. 1 8,1. 1 84.6 R4. 5 84. r, 84.6 ~4. 2 95.5 94. !I 94.3 94. 3 94.3 94.3 94.3 94.3 na. 6 93.6 ~2. j

1117. 2 108.0 107.5 107.0 107.!) 107.4 107.3 JOn. 9 lOfl. () 1(1.>. I 10.~. 2 1118. 7 108. 7 108.8 . IllS. 8 108.8 !IIKG 108. (j 108. 7 108. [i 108.4 !(1,. ,, 1115.4 108." 1114. 2 105. I 110. 8 JUS. 8 107.1 lOI.Il 95.2 T B5. 9 k'. 4 1111.6 Ill\. 0 Jl\8. 4 lOG. 9 lllfl. G 101\. ,o lOG. 8 101\.1 105. 2 104. 7 lO:J. i

07. 1 H7. :1 B'i. 5 97. 4 97.0 96.6 ~16. 3 (l,1. 8 95. D 9{), 1 ~-lfi. 4 !17. 5 97.6 98.0 97. 7 !17. 2 96. i 96.3 95.8 95. g 96.2 w;. 5

JII:!.:J Ill:!. 2 1112.4 102. :J 102.3 102.2 102.2 102.3 102. 3 '102. 2 102.11 1119.3 ]0~). ,s 1119.5 !09. 4 IO!J. 4

i2~: g i IlO. 2 110. ,o 1!0. 8 1111.8 111.0 107.7 107. i 107. (i 107. 7 107.7 JIJS. 2 108.3 lOS. 3 108. f !Of,.;-H8. 6 !lB. 4 !18.1 !)8. 0 98.4 98.4 !18.1 98.1 9~ 0 T 07. b I ~7. (I

1110.1 1111!. 9 1110.9 1110.9 100. ~ 100.4 100.4 100.4 100.4 lOll. 4 1110. ;{

100.2 HH. S nn. 7 (19. R 99.7 nn. 4 nu. 3 99. 3 99 5 U9. 4 fiH. 4 93. I 9:!. H 92.9 92.9 92.6 92.7 92.8 93.3 !l:?. 5 T \::12 • ._j, ~2. I H9. 2 H8. 9 98.9 99. I \!9. 0 nR 7 98.4 HR. i 98.8 98. G Hr-. ;I 99.9 ~l9. ;) 99.0 99.0 98.9 97. H 98.3 97. 7 98.0 9~. 0 %.1

1112. 1 101. (I Ill!. C. IOI.fi 101.5 101.6 HI!. G 101.;, ]ll]. 4 101.5 !01. ;, 103.6 lll:l. 6 1113.6 H13.1> 103.6 103.4 103.4 103. fi !03. 7 103.6 103. n 102. 5 102 . .1 102.7 102.6 102.6 102. 7 102.8 102. ,o 10:!. 5 102.2 102.2 !115.11 1115.11 10,5. II 105.0 10.5. (I 105. (I 105.0 105.0 105.0 105.0 IOo.o

lOll. 8 Iilii. ;, 1110.0 99. 7 99 . .1 99.3 99. 1 99.0 (J9.0 99. 1 9k 1 103. 1 !ll:l.l 102. G IIJ2. r, 102.4 102.3 102.2 102. 2 102.2 102.2 ' 102. 2 93.2 !l:l.ll n~. 7 92.7 92.8 \13.1 ~m. 7 94.4 94.3 94.2 : 94. I 86.4 8(;. 4 86. 4 86.4 86.4 86.4 8~. 0 8!1.0 89.0 S\1. 0 1 ~fl. 0

100.7 1110.8 100.\1 lOll. 8 100.6 100. b 100. ,\ 100.6 100.4 lOll. 3 I ](~1. 1 101.4 !Ill .. o lfll. 8 HI!. 8 101.6 101. 7 101.7 101.7 101.3 '101. 4 I 101.4 1112.1 1112. () 101.9 101. 7 101.3 101.0 100.7 100.8 100.6 r 100. 5 1110.2 94.5 94. fl n4. 7 94.3 94.0 ~1:). () \13. (; 93.7 93.7 r 93. I ~({. ;

126.4 1:-m. i 130.2 1 132.4 125.2 !29. 5 130.3 143.3 149. s '1.\1.1 1.1(1. !I !lS. 9 ~H 1 99.31 99.3 99.4 ~lB. G 100.1 100.2 !110. 7 100.7 100."

104. 1 104. 1 104. () I 04.2 104. 2 104. 5 104 .. I 104. :l 104.3 104. 3 lll4.:l Ill!. I Jill.! JIJII. 7 i 101. I 1111.1 101.5 101.5 HILl 1111.1 101.1 Jill.! 1111. 4 !Ill. 4 HI!. 4 · !Ill. 4 Hll. 4 Jill. 4 1111.4 101.4 1~1. 4 101. 4 ](1).4

1116.11 I 111:,. 4 107. fl 107.2 Jl)g. 1 101'. i HI!I.R 110. 2 111.6 111..1 I 110. ~~ 100.5 1110.7 101.0 101.0 101. 1 101.2 101.2 101.3 1111.3 101.1 I HI!. 1

i I

I 99.8 100.0 99. n I 99.5 98.8 99.4 99.3 99.6 99.5 \19.8 I 1 ~~~~- 1 95.1 9.\. 0 !14. 8 94.8 94.3 !14. 3 91.3 94.5 94.3 1 94.3 -------

\lonthly <hta for earlier twriod,s. arr aYailahk upon request from the r.s. Department ( Labor, BurPau of Lahor Statisti('S., \Vash. 25, D.C.

0Goods to users, ineluding raw foods and fuels. 9 Indude~ <L_1hl not shown sepnrnV . .'l) $Revisions for Mar.-llec. 1960 ap]War on p. 20 of tlw Oct. J9n2 S!-RI"EY; those for .Tan.

June 1961, r<'spectirely, are as follows (1957-59=100): 102.0; 102.6; 101.7; 100.9; 99.8; 99.0.

.\pril 1963 SURVEY OF CURRENT BUSINESS S-9

1962 1963 Fnless otherwise stated, statistics through 1960

and descriptive notes are shown in the 1961 edition of BUSINESS STATISTICS

1961 1 1962

Monthly average Feb. I Mar. I Apr. 11\l:ly I June I July I Aug. I '"" I '"' I '"' I o~./ '"" I Feb. I Mar.

CONSTRUCTION AND REAL ESTATE

CONSTRUCTION PUT IN PLACE

~ ew construction (unadjusted), totaL ______ mil. $. _

Private, total 9 ----------------------------do ___ _

Residential (nonfarm) \;1 __________________ do ___ _ :-<ew housing units _____________________ do ___ _ Additions and alt.eratlons ______________ do ___ _

Xonresidential buildings, except farm and public utilities, total 9----------- ___ mil.$ __

Industrial __ --------- ________ ----- _____ .do ___ _ Commercial <;! __________________________ do ___ _

Stores, re~taurants, and garages* _____ do ___ _ Farm construction_--------------- ______ .no. __ _ Public utilities ________________ --_------- .do ___ _

Public, totaL_ -----------------------------do ___ _

:-<onresidential bullrlings _________________ do ___ _ "Military facilities ________________________ do ___ _ Highways ______________ -_- __ ----_-------_ do ___ _ Other types __ --------------------------- .do ___ _

1, 87.1 1, 349

428

896 230 389 193 123 449

!, 420

428 114 485 393

5, 090

3, 615

2,069 1, 521

443

944 234 414 202 119 459

1,476

426 106 521 422

3, 773

2, 769

1. 472 1,078

298

835 224 346 163 90

355

1, 004

353 70

241 340

4,131

2, 987

1, fi29 [, 192

343

833 221 348 lfi7 96

410

1,144

392 95

279 378

4. 600

3, 325

!, 928 1, 345

487

839 223 348 161 107 433

1, 275

425 103 339 408

.), 319

3,821

2,308 1, 514

692

894 229 383 185 122 476

1,498

436 114 509 439

5. 826

4, 112

2. 492 !, 697

686

971 235 433 225 137 489

1, 714

472 157 618 467

5, 743

4, 078

2. 388 1. 759

516

1, 025 239 469 252 147 491

1,665

461 94

643 467

5, 844

4, 082

2, 353 I, 794

445

1,039 241 471 246 152 511

1, 762

464 117 700 481

5, 791

4,038

2, 311 1, 776

423

1,037 24.) 465 234 146 515

I, 753

459 117 708 469

5, 748

3, 888

2,187 1, 702

374

1,021 245 4.14 217 132 520

1, 860

463 129 800 468

ft, 339

3, 781

2, 137 l.f>46

380

1, 010 244 454 212 113 495

I. 558

418 113 589 438

4. 888 ' 4. 334 • 4. 005

3, 535 '3, 138 '2. 943

1. 999 ' I, 746 ' I, 578 1.541 '1,309 '1,152

351 ' 335 ' 326

964 243 428 189 95

453

899 241 382 155

92 '378

'869 235 368 151 94

'382

!, 353 '1, 196 ' 1, 062

390 104 496 363

'389 !04 338

'365

'350 (')

277 326

4. 323

3.130

I, 734 I, 264

373

851 228 3G3 !55 98

426

1,193

382 (') (') (')

'." ew construction (seasonally adjusted at annual rntes),totaL. ___________________________ m!l.$ .. ---------------- 56,714 57,748 58,279 60,764 62,678 62,084 62,829 62,358 63,517 62,610 61,823 '62,917 '60,396 60,661

Private. total\?_ ---------------------------do ____ -------- ________ 39,909 40,553 41,747 43,472 44,842 44,908 45,244 44,976 43,843 44,059 44,134 '43, 434 '42, 370 42,497

Residential (nonfarm) ____________________ do ____ -------- -------- 22,245

10,849 2, .592 4, 756 2, 444 1, 284 5, 274

22, 507 23,484 25,018 26. l18 25,987 25,957

11,830 2, 936 5, 273 2, 688 !, 533 5, 626

25,813

11,723 2, 930 5, 214 2, 549 I, 575 5, 548

25,013

11,419 2, 885 .), 018 2,316 1, 526 5, 57.)

25,432 25, 654 '24, 830 '23, 866 23,969 ::\'onresident!al buildings, except farm and

publiP utilities, total\? ______________ mil.$ __ -------- --------IndustriaL ___ --------- ___ ---- _________ .do ____ -------- --------Commercial\? .. _______________________ do ____ -------- --------

Storf\R. rpstnnrants, and garages• _____ do ____ -------- --------Farm construction _______________________ do ____ -------- --------Public utilitles ___________________________ do ____ -------- --------

11, 033 2,653 4, 795 2, 442 1, 295 5. 449

11, 234 2, 792 4, 793 2, 353 I. 38fi 5. 388

11.257 2.8~6 4. 752 2.268 1. 461) 5,481

11.403 2. 950 4, 865 2. 352 1. 531 5, 539

11.661 2.962 5.110 2. 588 1 .. 133 5, 444

11,261 2,820 4, 967 2,245 1, 436 5, 637

11,205 2, 788 4, 979 2, 262 1, 332 5,657

11,348 2, 773 5, 086 2, 310 1,330

'5, 621

11.219 2, 716 4, 999 2, 256 1, 326

T 5, 659

11, 244 2, 742 4, 982 2, 266 1,323 5, 665

Puhlic, total 9 _----------------------------do ____ -------- -------- 16,805 17,195 16, fi32 17,292 17.836 17,176 17,58.5 17,382 19,674 18,551 17,689 '19, 483 •18, 026 18.164

:-<onresldential bulldlngs _________________ do ____ -------- --------:\f!litary facilities. _______________________ do ____ -------- --------H!ghways ________________________________ do ____ -------- --------

CONSTRUCTION CONTRACTS

Construction contracts In 48 States (F."'· Dodge Corp.):!:;

\'alnation, totaL __________________________ mll. $ __ Index (mo. data seas. adj.)* ____ l957-59=100 __

Public ownership _______________________ mil. $ .. Private ownership __ ------------ _________ do ___ _ By type of hnllding:

Nonresidentlal _________________________ do ___ _ ResidentiaL ___ ------- ________________ .do. __ _ Pnhllc works ___________________________ do ___ _ Utilities ______________ ------ __________ .do. __ _

3, 09.1 2 108

1, 04fl 2,049

1, 010 I, 344

576 165

3,442 '120

1.133 2,309

1,084 !, 503

659 196

5, 116 1,211 5, 414

2. 749 119 877

!, 871

893 1, 192

488 176

5,069 [, 328 5, 771

3, 98f: 131

1, 475 2, :;n

1, 325 1, 552

806 303

5,106 1,381 5, 057

3, 860 121

I. 211 2,650

1.102 I, 816

702 241

5,122 1, 354 5. 830

4, 009 117

1,227 2, 782

1, 275 1, 819

729 186

5. 257 I. 549 5, 989

3, 900 120

1.331 2, 569

1. 242 1, 656

724 277

5,043 !, 170 5,876

3, 747 117

I, 231 2, 516

1, 197 1, 623

719 207

5, 083 I, 244 6,19!1

3.631 118

1,039 2, 591

1,177 I, 651

626 176

5. 065 1,164 6, 140

3, 273 113

1,099 2,174

1,019 1,519

624 111

5,192 I, 492 7, 786

3,425 117

1,003 2, 422

1,075 l,filO

574 166

5,216 1.003 6, 922

3,188 123

1, 099 2,089

1, 066 I, 361

661 99

5,083 1, 324 6,343

3,198 138

1,190 2,009

921 1,166

787 325

'5,096 I, 787 7, 483

2, 779 121 932

1, 847

1,016 1, 250

433 82

'5,072 (')

6.180

2, 917 130

I. O!J2 1,825

1, 005 1, 21.5

571 127

4, 923 (') (')

Engineering construction: Contract awards (ENR) § _________________ do ____ 1,832 1,844 1,806 2,151 1,687 2,252 1,821 1,908 2,181 1,621 1,608 2,144 1,443 32,675 32,075 33,250

Highway concrete pavement contract awards:d' TotaL ____________________________ thous. sq. yfls __

Airports _______ ------------ _____________ .do ___ _ Roads ____________________________________ do ___ _ Streets and alleys ________________________ do ___ _

HOUSING STARTS

New housing units started :t Unadjusted:

Total, Incl. farm (public and pr!vate) ___ thous __ One-family structures ________________ do ___ _

Privately owned _______________________ do ___ _

8, 939 476

5,390 3,073

113.8 82.4

109.4

9,483 477

6, 217 2, 789

123.5 '82. 8 121.0

6, 386 416

4, 712 1, 257

77.8 53.8 76.4

6, 530 408

4,170 1, 953

117.2 79.8

115.4

8,888 848

5,694 2, 316

!51. 6 101.7 147.0

9, 796 787

4, 973 4,037

156.6 107.7 154.2

10,846 727

6,445 3,674

139.5 96.9

136. 2

8, 861 !, 017 4, 443 3, 402

139.3 96.0

135.8

!0, 414 421

6, 205 3, 788

147.9 101.7 146. 1

6, 986 123

4, 415 2, 447

1W.3 76. 4

113.6

10,718 132

6, 479 4. !07

136.4 91.0

133.5

14,898 246

12, 017 2,63f)

121.9 78. 4

120.3

10, 576 216

8, 711 1, 650

94.5 '56. I ~3. 5

l1,0!9 1.023 7, 815 2,181

82.5 47.4 79.8

6,351 122

4, 923 I, 306

87.4 --------

Total nonfarm (public and prlvate) ______ do ___ _ 111.4 78.8

107.1

121.5 76.7 55.8 75.3

115.6 83.2

113. s 149.5 15.5.1 137.0

96.2 133.7

137.4 97.7

133.9

144.8 99.3

143.0

113.7 83.7

111.0

132.5 92.9

120.8 83.0

119.2

93 .. 5 '67. 8

92.5

81.4

86.5

85.8 65.4 84.9

In metropolitan arcas ________________ do ___ _ 86.8 119.1

110.6 112.0 '60. 7 78.7 Privately owned.------ ________________ do ___ _ 144. 9 '152. 8 129.7

Seasonally adjusted at annual rates: 'f'otal, lnclndin~: farm (private only) _____ do ____ -------- -------- 1, 152 1, 431 !, 542 1, 579 !, 425 !, 466 !, 529 I, 289 !, 550 1, 586 !, !72 !, 229 !, 280 Total nonfarm (private ouly) ____________ do ____ -------- -------- 1,134 1, 407 !, 521 1, 566 1, 399 I, 447 1, 500 I, 261 !, 504 1, 571 !, 453 1, 207 1, 254

CONSTRUCTION COST INDEXES

Department of Commerce composite 1947-49= 100 •.

American Appraisal Co., The: A vcmge, 30 cities ______________________ 1913=100 ..

Atlanta ______ ------_------ _______________ do ___ _ New York _______________________________ do ___ _ San Francisco. __________________________ do ___ _ St. Louis _________________________________ do. __ _

Associated General Contractors (building only) 0 1957-59= 100 __ ,

145

741 810 814 703 720

109

148

7.56 832 836 720 741

111

'Revised. 1 Not yet available; estimate included in total.

147

748 824 825 711 733

UC

147

749 824 825 7ll 735

110

118

750 824 825 711 735

111

' Computed from cumulative valuation total. 3 For new advance plannin!( (Jan., 5wks.; Feb., 4 wks.; Mar., 4 wks.). Correspondin~ d3ta lor 1962 are as follows: J:m. (4 wks.), $1,694 mil.; Feb. (4 wks.), $2,031 mil.: Mar. (5 wks.), $1,482 mil.; Dec. (4 wks.), $1,953 mil.

9 Includes data not shown separately. *For data prior to Aug. 1960 for stores, restaurants, etc., see Bureau of Census reports;

data prior to Mar. 1961 for F. W. Dodge index Will be shown later.

147

751 824 824 711 738

111

148

754 825 825 711 742

Ill

148

758 833 84.1 711 743

lll

149

760 833 841) 718 743

112

149

762 835 845 734 743

112

148

762 8!5 846 734 743

112

148

768 848 848 740 748

112 .

149

768 848 848 740 754

112

149

770 851 849 741 756

112

!50

771 851 849 744 756

113

150

113

/:;1\lonthly averages are based on annual totals including revisions not distributed by months.

§llata for Mar., May, Aug., and Nov. 1962 and Jan. 1963 arc for 5 weeks; other months, 4 weeks.

d'llata for May, July, and Oct. 1962, and Jan. 1963 are for 5 weeks; other months, 1 weeks. tFor revised data for Jan.-Sept. 1961 sec Census report (C20-41). ONote shift in reference base; data prior to Sept. 1961 on 1957-59 base are available upon

request.

S-10 SURVEY OF CCTRRE~T BUSIXESS April 1 HU:3

:;~-:s_d_~;e-.r-p~-~~-:-':.~-::-~~:-:-·-a-~!a~~~;'" ~~~o~f: m~ ~~~9::o~tl~:s2-,-~--~-----~----l--_-_-_-l_-==-=l-_1962 I I I \ 19G3 I editionofBUSINES~-s~~I-~~Ic __ s~~~--'---a'_'e_r_a_g_e _ _:___F_•e_.h_. __ l\_r_a_r_.__:·_A_r_'r_._!___s_r_a_y_,__J_u_l_w___;_J_u_I>_'_!___A_'_'-"_·___l_se_p_t_.__!__o_c_t_._._-_N_o'_-.__1__D_e_c_._!__J_a_n_._!___F_c_·h_._l__"_ra_r_.

CONSTUUCTION AND UEAL ESTATE-Continued

I CONSTRUCTION COST INDEXE8-Con. I E. II. floeckh and Associates:, •

Average, 20citles: All types combined _____ U.S. avg. 1957-59=100__ 105. 6 ! 107.8 106. ·' I

Apartments, hotels,officebuildlngs ____ do ____ l 106.3j 108.8 Commercial and factory huildings ______ do ____ I 105.6 : 107. 8

107. 4 106.5 10.5. 1 Engin:c::~~::::.~~~~~~:~------------- __ do ____ f 104.51 106.3

g~~~~~~~~;;;-,~~~::::::::::::::::::::~:~?~_5:_'d~~~:: i in:~ I m } i~~: 6 Bu. of Public Roads-Highway construction:! I I

Composite, stand. mile (avg. for qtr.) .. 1957-59=100 __ i 2 !l4. 9 ! 2 no. n I--------

CONSTRUCTION MATERIALS j .

Output Index: I ! Composite, unad.i~sted<;>t .. --------19!7-49=100 __ • 129.3 ~ l33.!l 11 1,~1 -_0!J

Seasonally ad]ustcd <;1 f _________________ do ____ ,--------'----·--- "

Lumber and wooi! products, unadi.t ..... do____ 127.4 ! 1:;2_ 8 Iron and 'teel products. unadjustedt ..... do ____ ll30. 2 j J3l.li

Portland cement, unadjustcd ____________ do____ 161.6 I ltl7. 6

REAL ESTATE I Mortgage applications for new home construction:* ,

Applications for FHA commitments , thous. units_ , 20. 3

1 18. 4

Seasonally adjusted annual rate __________ do ____ :----- ---~--------Requests for VA appraisals _______________ do ____ l 14.8

1

14.3 Seasonally adjusted annual rate~ _do !--------~--------

Horne mortgages insured or guaranteed by- I Fed. TTous. Adm.: Face amount __________ mil. $ __ i 397.10 Vet. Adm.: Face amount_ _________________ do ____ l 152.63

Fedrral Home Loan Banks, outstanding advancE's [ to memlwr institutions ____________________ mil. $ __ 3 2, 662

Nf'w mortgagC' lonns of an savings and loan associ a- i t.ions, <·stimated t.otaL __________________ mil. $ __ 1

By purpose of loan: i H omc ronstruction _______________________ do ___ _ Home purchase~ _________________________ do ___ _ All othe rpnrposcs. ______________________ do ___ _

I. 447

423[ 601 423

43\1.24 221.01

3 3, 479

I. 730

498 710 f!21

116.5 123.6 91. 6

18. 7 239

12. 0 HHJ

397. 95 175. 44

2, 228

1,303

362 500 432

106. 5 1

107. 4 I 106.5 ' 105. 1 1

107.0 107.9 106. 9 105.6

109. 1 ! 109.3

\:::: 1--~~~~~ 133. 3 ! 135. g 138. 1 I 133. 8

13R. 8 135.1 122. 4

24.6 2!6

19.0 208

130.2 134. 7 H\8. 0

22.7 240

16. 3 167

107. 6 108.6 107.6 106.2

107.9 lOS. 9 107.9 106.4

109.9 110.0 114. 7 i 114. 9

------·1 n7. o

149. 7 i 144. u 139.6 I 135.9

lf>O. 5 146.0 201.7

23. 1 229

17. 8 172

14G. 3 1:Jo.O 193.2

20.4 2Hi

14.7 147

I i~~: ~ !

i~~ ~ II

110.6 115. 4

I I

I 108. 71 109. 7 108.6 107.2

i 111. I 1 116.0 !

108.8 109.8 108.7 107.3

111.1 115.9

-------- !--------! ~IR 4

I ! ' I

I

132. 2 i 155. 3 i 139. 6 I •137.2 I •141.2

11 •133.8

I : 128 .. > .

1

' 1.12. I i 133. 6 i 121. o 147. u I 134. 5 , 199 i ! 216. I

1

201. 4 : I

I i i I

19.8 19.31 221 195 •

1.5. 4 191

12.1 158

lOS. 7 i 109. z I i~~: 2 I

I 111.01 115. 8 I

1os." 1· 108.6

109. 6 ' 109. 7

tZ~: ~ I iS~: g

110.8 ll.o. s

110.8 115.8

I I

;g~:~ I 108. 8 107. 1

110.9 11G.1

i I

I 108.9 1--------110.0 --------108.9 i--------107.1 1--------

1

lll.OI111J2 116. 2 ' I 116. 4

I01.2 --------i--------1-·

151), 4

132. i 12H. 4 135.3

141.4 I 119.7 149. 1 ! 13?. 8 202.9' 17!i.5

17.7 207 :

14.1 ' 176 i

I I

13.1 207

10.6 168

109.4 127.7 --------;-------- --------

1i~:~ :::::::r:::::: :::::::: 137.2 109.4 1--------

11.7 199 8. 9 172

13. zl' 14. r. 203 107 10. 6 10. 7

IGI J.oO

418. 16 371.89 402. so 4tl3. 77 201. 97 181. s1 183. 76 zoo. 90

. lis! I lf4~ I 432. 50 , 404. 73 · 430. 9o 219. 34 ! 247. 35 231. 21

r M6. 38 1 492. 28 : 284. 92 : 253. 52

428. qg 23fl.34

503.6[> 1399.82 -------· 25·!. 04 I 202. oz

2,151

1, 611

4()4 6:13 514

2.323

1. 661

512 635 514

' 2. 429 2. 7t17 2, 860 i

1. 857 1. 936 ~. 839 1

584 ' 572 515 I 739 823 796 '

2, 948

2. 036

3,046

1, 731

495 746 490 '

3. 091 3.068

I. 953 ' I. 750

!\43: 823 ' 587 '

50.1 708 537

3, 479

1,7M

534 643 578

2,8021 2.(111

'1,5731 1,497.

'4:l4 '616 '523

-122 Si.5 :------- _ .500 534 : 541 528 II

New nonfarm mortgages recorded ($20,000 and 2

_ 23

, z. flZi I I 3

_ 333 under).estimntedtotaL __________________ mil.$ __ 2,f'9o 2.84\! 2,70~ 2,9831 3.07.1 3.134 I 2,861 ~-;~~I 2.883 2,682 2.658j--------'--------

Nonfnrmforeclosnres _____________________ numbcr __ 6,090 7.204 6,382 7,441 7,0.1!i 7,214l 7.396 7.2061 7.568 7,034 1.-• , 7 .. 153 7.221 _______ T _____________ _

Fire losses (onhldgs.,contents,ctr.) ________ mll.$ __ [100.75! 10.1.42 115.8fl 114.42 101\.141111 .. \:J! 95.99 9!.79 i 94.58 i 85.2.1 9!l.9!1 i 105.69 104.2\1 142.00 \12fl.53

--~~--~--~--~------~----------~--~--~--~------

DO!\IESTIC TUADE

ADVERTISING Printrrs' Ink advertising index, seas. adj.:

Comhined lndex ____________________ 1947-49=100__ 233 nuoiness papers.-- ______________________ do____ 246 M agazincs_ --------------------------- ___ do.___ 185

Newspapers __ -------------------------- _do____ 201 Outdoor ___ ---------------------------- __ do____ 143 Radio (nctwork) _________________________ do____ 20 Television (network) ____ ------- _1950-52= 100__ 483

Television advertising: Network:ci'

Gross time costs, totaL _______________ mll. $ __ '178.0 Automotive, incl. accessories ___________ do ____ 212.0 Drugs and toiletries ____________________ do____ 2 52.0 Foods, soft drinks, confectionery _______ do____ 2 36. 7

Soaps, cl<'anscrs, et(' ____________________ do____ 2 19.2 Smoking materials _____________________ do ____ l '21. 2

spoN~~ii~;ralailct-re"i.ioilaiY: _______________ do____ ' 37. 0

Gross time costg, totaL ___________________ do ____ 2 15L 4 Automotive, !ncl.. accessorles ___________ do____

2 '3~- ~ Druvs and tmlctnes ____________________ do____ . -

Foods, soft drinks, confectionery ______ .do____ 2 .12. 5

Soap,, cleansers, etc ____________________ do ___ _ SmokinR materials.------------------- _do._--All other __ -----------------------------dO----

Magazine advertising: Cost, totaL._ ------------------------------do. __ _

Apparel and accessories __________________ do ___ _ Automotive, incl. accessorles _____________ do ___ _ Building materials_--------------- _______ do .. --DruRS and toiletries __ --------------- _____ do __ ---Foods, soft drinb, confectionery ---------dO----

Beer, wine, liquors ______________________ do ___ _ Household equip., supplies, furnishings_ .do ___ _ Industrial materials ______________________ do __ --Soap~. clransers, etc _______ ------------- _do ___ _ SmokinR materials _______________________ do ___ _ All other _________________________________ do ___ _

'18.0 2 7. 4

2 41.9

69.7 4. 5 7.0 2. 5 6.6

10.2

4.3 4.8 3.8 .7

2. 4 22.9

73.0 4.6 7. 9 2.3 7.1

10.6

4. 5 4.9 3. 7 . 8

2. 8 23.8

244 248 190

216 128 20

533

66.9 2. 7 7. 3 2. 4 6. 3

12.3

3.3 3.1 2. 5

. 7 2.8

23.6

• RcYised. 1 Index as of Apr. 1, 1963: BuHdinyc, 111.2; construction, 116.4.

240 254 184

200 128 20

544

194.6 1~. 7 60.7 42. 7

19.6 21.9 37.0

182.1 4.2

39.7 64.5

21.5 8.4

43.8

Sl. 3 5. 0 9.3 3. 5 7. 0

12. 5

4. 7 4. 9 3. 6 .8

2.6 27.5

243 240 268 242 194 192

196 196 131 133

18 20 533 550

87. I 7. 2

10.8 3. 6 7. 5

II. I

3. 7 7. 2 4. 2 .8

2.6 28.5

82.0 5. 7 9. 2 3. 7 7. 3

10.1

4.6 7.5 4.3 .7

2~:g I

239 248 189

191 133

21 551

240 261 186

193 140

17 549

245 243 188

203 146

17 ·'83

193. 21 ________ --------/ 12.2 -------- --------58. 1 -------- --------39.1 -------- --------

20.9 -------- --------21. 7 -------- --------41.2 -------- --------

189.4 7. 4

31.8 62.8

23.5 9.0

54.9

72.9 2.9 7. 6 2.6 8.1

10.3

5. 1 .5.0 4.1 .6

3.5 23.2

51.7 .9

4. 4 1.7 6.4 8.8

3. 6 3. 4 3. 2 .6

2. 7 16.0

50.2 5. 2 3.6 1.4 5. 0 7.1

2. 8 2. 4 3. 3

. 7 2. 5

16. 3

246 249 196

201 144 20

562

192.4 9. 6

62. 6 37. 4

24.4 21.6 36.8

151.9 5. 4

30.2 48.3

20.4 5. 0

42. 6

75.0 8.4 5.6 2. 7 6.9 9. 4

3.9 5.0 4.9 1.0 2. 5

24.7

240 I 247 ________________ j ______ __! ______ _ 2.o8 1 245 ________ --------i--------!--------186 i 201 -------- ________ , ________ , _______ _

~ I : : :: ::::::: ::: i I

--------1---·-·--------- -I~-------

:::::::: :::::::: :::::::: :::::::· ::::::J::::::: :::::::: =::::::: :=:===:= :::::::: ::::~=::1:::::::: :::::::: :::::::: :::::::: ::=::::: :::==::=1

Ul. ~ 6.8

12.8 2. 4 8.6

13.1

5.1 7.6 4. 4 1.0 2. 8

27. 2

96.3 .o. 4

11.3 1.9 9. 9

14.1

6.2 7. 0 4. 6 1.4 2. 8

31.7

71.9 3. 2 6. 1 1.0 8.0

10.4

8.6 4.2 3. 5

. 7 3. 7

22.6

50. 7 1.5 5. 8 1.2 4. 7 8. 8

1.6 2. 7 2.1 .7

2.1 19.6

'

I 66.6 I _______ _

3. 0 , _______ _ 9 0 L 5 1--------5.9 : _____ _

10.3 i-----3. 2 I _______ _ :l. 5 1--------2.4 i--------. 7,--------2. 5 --------

24.6 --------<;!Includes data for items not shown sepclrately.

2 Quarterly avPra~T· based on quartC'rly data. 3 End of year. ,Copyrighted data; see last paragraph of headnote, p. S-1. *C'Icw series; data prior to

1961 (1962 for seas. adj. mortgage applications) will be shown later. 0Re\iS<'d to reflect data as of 1st of indicated month and shift to 1957-59=100 reference base; data for building

-costs prior to Au¥. 1961 are shown on p. 18 of the Oct. 1962 SFRVEY. tReYised to reflect cur­rent specifications and base period; data prior to 4th qtr. 1960 are aYailablc upon request.

t Revisions available upon request are a< follows: 1955-·61 for composite index; 1955-June 1960 for iron and steel: 1959-0ct. 1961 for lumber and woou products.

ci' Hevised beginning 191\1 to provide for horizontal contiguity rate structure, wherein a single advertiser might obtain a lower basic rate through the purchase of time across-the­board; not directly comparable with earlier data.

Avril IHG3 SURVEY OF CFRHE~T HUSJ~ESS 8-11

1962 Unless otherwise stated, statistics through 1960 I

and descriptive notes are shown in the 1961 edition of BUSINESS STATISTICS

1961 1 1962

Monthly average Feb. I Mar. I Apr. I May \.rune I July Aug. I Sept. I Oct. I ~O\. I Dec. Jan. !\1:u.

DOMESTIC TRADE-Continued

ADVERTISING-Continued

Newspaper advcrtising lina~c (52 cities): Total.. ________________________________ mll.llnes __

Classified ______________ .-------------- __ .do. __ _ Display, totaL ________________ -------- ___ do ___ _

Automotivr _______ --------------------_do ___ _ FinanciaL _________ ------------------- _do ___ _ GeneraL _______________________________ do ___ _

Retail.. __ --------------------------- ___ do. __ _

RETAIL TRADE

A II retail stores: Estimated sales (unadj.), totalteJ __________ m!l. $ __

Durable ~oods stores<;> 6J _________________ do ___ _ Automotive group$ ___________________ do ___ _

Motor veh., other automotive dealer"_do ___ _ Tire, battery, accessory dealers$ _____ do ___ _

Furnitnre and appliance group _________ do ___ _ Furniture, homefurnishings stores ____ do ___ _ Household appllance, TV, radio ______ do ___ _

Lnmhrr, building, hardware group _____ do ___ _ Lumber, bldg. materials dealersci' .... do ___ _ Hardware stores ___ ----------------. _do ___ _

N" ondurable goods stores<;> _______________ do .. _. Apparel group ___ --------------------- .do .. __

l\lrn's and boys' wear stores _________ do ___ _ ¥/omen's apparel, accessory stores ___ do ___ _ Family and other apparel stores ______ do __ ._ Shoe stores ___________________________ do_. _.

Drug and proprietary stores ____________ do ___ _ F:attng and drinking places _____________ do ___ _ Food group. ___________________________ do ___ _

Grocery stores _______________________ do ___ _ Gasoline service stattons _______________ do ___ _

General merchandise group<;> .. ________ do ___ _ Department stores. ______ ----------- .do ___ . Mall order houses (dept. store mdse.) .do ___ _ Variety stores ___ --------------------- do ___ _

I ,iquor stores ________ ------------------_ do ___ _

231.4 58.1

173.3 12.3 4. 9

2fi.9 129. 1

1~. 231 ! .). fJOS I 3, 07G 2, 870

201>

86!) 547 31H m3 700 213

12,62(i 1.144

222 439 282 201

fH5 I. 367 -t,Olr: 4, )!)g

I. 49~

2,076 I. 213

161 340 409

233.2 60.5

172.7 12.4 4.8

2!i. 1 130.3

19.613

6. 24.1 3 . .)fifo 3,3-14

222

HOI 58:l 31h 947 72~ 219

13,367 1, 195

228 4fi(i 297 213

669 I. 442 4,801 4. 3t4 I, 554

r 2.267 'I. 31.1

169 371 450

Estimated sales (seas. adj.), totalteJ ________ do ____ --------~--------

D1~~i~~~~~~~ :;g~~~~ $:================~~=::: ::::::::I:::::::: Motor veh., other automotive dealers.do ____ -------- _______ _ Tire, battery, accessory dealers$. ____ do ____ -------- --------

Furniture and appliance group _________ do ____ -------- --------Furniture, homefurnishings stores ____ do ____ -------- --------Household appliance, TV, radio_. ____ do ____ -------- _______ _

Lumber. building, hardwaregroup _____ do ___ -------- _______ _ Lumber, hldg. materials dealersci' ____ do ___________________ _ Hardware stores ______________________ do ____________ --------

Nondurable goods stores<;> _______________ do ____ . __ --.-- --------Apparel group._. ______________________ do ____ -------. _ -------

Men's and boys' wear stores. _______ .do ____ -------- --------Women's apparel, accessory stores .... do .. -- --------~--------Family and other apparel stores ______ do ____ -------- --------Siwe stores ___________________________ do ____ -------- --------

Drug and proprietary stores ____________ do ____________ ; _______ _ Eating and drinking places _____________ do ____ -------- --------Food group. ---------------------------do ____ -------- _______ _ Groeery stores ________________________ do _________ --- _______ _ Gasoline service stations _______________ do __________ -- --------

General merchandise group<;> __________ do. ___________ --------Department stores ___________________ do ____ -------- --------Mall order houses (dept. store mdse.) do ____ -------- _______ _ Variety stores ________________________ do ____ -------- --------

Liquor stores ___________________________ do ____ -------- --------

Estimated inventori!'ls, end of year or month; ~ I Book value (unadJusted), totaL _________ bll. $ __

Durable goods stores<;> _________________ do ___ _ Automotive group ___________________ do ___ _ Furniture and appliance group ______ do ___ _ Lumber, building, hardware group . do ___ _

Nondurable goods stores<;> _____________ do ___ _ Apparel g-roup _______________________ do ___ _ Food group __ ----------------------- _do ___ _ General merchandise group __________ do ___ _

Book value (seas. adj.), totaL ____________ do ___ _ Durable goods stores<;> _________________ do ___ _

Automotive !'roup __ ----------------~do ___ _ Furniture and appliance group _______ do ___ _ Lumber, buildin~, harrlware ~roup __ do ___ ~

2.5. is[ 11.03

4. 38 I ]. 8S I

2. 25

14. i5 3. 22 3. 31 4. 04

26.8(i 11..12

4. 69 1. 92 2. 33

?6. 56 11.46

4. 81 1. 91 2. 30

15.10 3.23 3. 34 4. 20

27.43 11. 73

4. 88 1.96 2.38

198.9 54.1

144. 8 11.4 4. 4

23.4 105.6

16.0-121

4. \)~() 2.\194 2. R32

1f.2

72.1 461 2fH G!i2 WI l!i1

II Oli2 7B!i 149 312 189 14!i

622 1, 18!i 4. 314 ~l. !)112 I, 333

1. 513 850 12\ 26.~ 372

Hl.02i

5, 977 3. 31il 3,13S

223

879 558 321 932 722 210

13.050 1, 170

218 438 297 21i

665 1. 414 4. 7:32 4, 2811 I, .53!1

2,1:38 1, ~41

15tl :l66 446

26.56 11.62

4. 96 1. 87 2. 32

!4. 94 3. 25 3. 31 4. 20

26.90 11.48 4. 66 I. 93 2.34

236.9 G2.2

174.7 12.7 4. 8

27. () 129_ .5

l\l.03G

fi, 139 3, 780 3, 57\1

201

12.897 I,IJG;l

Jsr, 418 21>3 ]!]()

0.57 I.:J:lo 4. 971 4, !122 I. 4Si

1. 9GG 1. 141i

145 324 408

19,328

6,180 3, 5.57 3. 32!)

228

888 576 312 937 71.1 222

13,148 I, 217

2:l2 4G4 306 21.5

658 1. 441 4. GSO 4. 237 ], !)52

2. 246 I. :J2;l

162 :Jso 422

27.37 11.83

4. 99 1. 92 2. 44

15.54 3. 41 3. 37 4. 43

2r.. 78 II. 3S 4.M 1. 93 2.38

24fi. 0 03.6

182.4 13. i

5. 5 27.6

13.1. r,

I !I. 251

fi, 284 3. 70.3 3. 544

219

78\l 529 200 9!)0 72~ 222

12,967 I. :l07

221 491i 320 270

fil3 I. 371 4 •• 120 4. 07:J I, 51 I

r 2.152 r 1, 24R

1,1f) 31\3 402

19,673

fi. 332 3, fi4G 3.422

224

888 .182 306 ~172 7.13 219

13,341 I. 207

231 4!i0 304 222

G7S 1.42fi 4. 787 4, 3I8 1, 547

'2. 248 '1.303

171 37n 459

2i.M 11.!19

5. 04 I. \l7 2. 50

15 .. 16 3. 41 3. 35 4. 40.

26.87 11.43 4 . .14 ]. 96 2. 41

Nondurable goods stores\1 _____________ do____ 15.34 15. iO 15.42 15.40 15.44 Apparel group _______________________ do____ 3. 41 3. 42 3. 39 3. 35 3. 39 Food group __________________________ do____ 3. 31 3. 34 3. 34 3. 35 3. 33 General merchandise group __________ do____ 4. 44 4. 58 4. 44 4. 41 4. 44

'Revised. 1 Advance estimate. tData for retail sales (1946-50) and for wholesale sales and inventories (1946-47) have been revised for comparability with later data; new figures are available upon request. Q Includes data not shown separately. IBRevised beginning Feb. 1961; revisions for Feb.-Apr. 1961 are available upon request. ci'Comprises

256.[1 65.9

190. \) 15.1

4. 4 30 .. )

140. !)

20.226

6. 828 4,026 3. 78()

240

Rio !ii7 299

J.Oo:l 814 219

I3. 398 I. Is:;

221 46:3 285 214

fifi9 1, 486 4, i91 4, 326 1, .177

'2. 201 r 1. 2R2

lli3 351 424

19,508

6,109 3, 520 3, 297

223

876 562 314 946 7281 218

13.33\l I 1.191>

236 451 304 205

677 1, 444 I 4, 801 I 4,3:15 1, 533

'2 263 T 1:315

lli7 376 448

~·- 44 I ILV8 !i.0-1 I. 94 2. 49

15.46 3. 35 3.37 4. 42

26. \1{ II. 4~ 4 .. 14 I. g;; 2.40

15.52 3.40 3. 36 4. 46

227. fi 62.3

lfiS. 3 14.2

4. 4 2f._ I

1:20. G

20,254

li. 781> ~- 944 ~- fl!l7

247

894 .180 ;ll4

1.068 829 :!:{f)

13,468 I. 121

z:l:l 4117 2GH 212

61\7 1. .l:li r1. o:)a 4. [10:1 1. 62:l

'2_ 141 r 1, 2ti2

137 :tl)2 435

19,163

G. 02!! :l. 4;JG a. 220

216

861 56!) 296 923 71:l 210

13.134 1, 114

208 4:ll 277 198

680 I. 464 4, 7:22 4. '269 I, 5.13

'2,193 '1. 294

J(jl)

3!l7 433

27.02 II. 77

4. 87 I. 92 2. 48

15.25 3. 26 3. 34 4. 34

2i. 08 II. 45 4. !),t)

1. 92 2. 43

l!i.62 3. 43 3. 34 4. 52

207.0 fil. 7

14.5. 3 12.6

.1. 4 19.0

108.3

1?.138

6.330 3. Fi67 3. 334

233

873 !i73 :lOll ,

1.070 I ~:)0

2211

12.808 971 }~;)

3fi8 2:lo 182

64fi l,f)(if)

4. 73:J 4. 2137 1. 64i

r 1.92() 'I, 106

131 32:l 43i

19,761

6.378 3. 6.18 3. 446

212

908 604 304 978 763 21.1

13,383 1, 200

229 402 301 208

674 1. 404 4, 835 4.31)8 1, 525

'2. 283 '1. 340

Hi7 374 448

26.91 11. 76 4. 88 1. 91 2. 41i

15. 15 3.19 3. 28 4. 38

2i. 18 11.59 4. 67 I. 94 2. 44

15.59 3. 41 3. 30 4. 54

221). R f\4. 6

lf>5.1 11.3 :u;

20.0 130.4

239. ,\ 03.:!

171\. :l II. 2 4- I

2(). 1 134.!)

19.920 I 1s. 863

fi. :321 ,1_1i04 3. 421 2. SOH 3. 194 2, .19!1

227 209

918 1)2[)

323 I. 09[,1

>l74 '2:!2 I

13.599 J.ll!)(i

Hl2 414 27!) 215

r..58 l.fi:JO 4.n1J7 4, fi:?l 1, ()()2

'2,241 r 1. 2(jt)

ISO ;{(i7 461

19. 645

6.128 3,423 3. 218

205

909 .>U5 314 951 i3G 215

13,517 I, 224

23i 463 301 223

673 1,461 4, 856 4,39i 1, 54t\

'2, 294 '1,303

181 381 471

26. li6 11. 17 4. 21 1. 92 2. 44

15.48 3. 40 3. 28 4. 53

27.05 11. 51 4. 58 I. 92 2. 45

15.54 3. 39 3. 33 4. 51

~Hf\ !l98 318 !19!1 782 217

13,259 I, IU:l

21lli 4!\!\ :2\H) 2311

li:l:.? J, !113 4. S23 4, :{li9 1, !)()4

., ·>32 1: sr13

]l),t)

3!l'2 436

Hl,G93

ll, 12.t)

3, 372 3. 149

223

95I 625 321i 933 710 223

13,568 I. 203

231i 4li7 292 208

651 1,454 4. 915 4. 453 1, 5()3

2 332 1: 3()2

182 31)8 436

2i.02 lO. 91i 3. 97 I. 9i 2.42

16.06 3 .. 58 3. 38 4. 7G

27.24 II. flli 4.72 I. 94 2. 44

15. 58 3. 34 3.40 4. 50

I 257.8 I 62 .. I

1!1,\. 3 lfi.2 5. I

31.3 142.6

20. 5i6

fl, \188 4, 082 3,8.50

232

902 f)27 33R

!,litiS 846 222

13, fi88 1. 214

22fl 46R 308 212

647 1. 48o 4, 803 4. 3cO 1. 1>04

2.372 I, 377

183 31ill 447

111,821

6, 481 3, 832 3,6111

222

891 5i4 31i !J27 718 209

13,340 1,160

22.1 442 282 211

648 1, 443 4, 846 4, 390 1, 566

2, 22!1 1, 254

163 371 456

28.04 11.44

4. 33 2. 01 2. 40

16. GO 3. 70 3. 43 5.09

27. 40 11. 76

4. 81 1. 94 2. 44

15.64 3.38 3.38 4 . .14

2fll. 4 .19. 2

202.2 12.3

4. 3 :lO. 0

155. fl

20, !HI

6, i42 3, 8(i9 3,iiH

228

1.1120 ()58 31\2 Hi f) /liO 216

14, IG9 1. 320

208 513 340 209

(iilll 1, 445 4, 917 4,4M) 1. 561

2. ill 1. 515

245 400 488

20,230

1\. S23 3, 760 3. 033

227

924 585 339 91il i44 217

13,707 1. 231

231 483 300 217

690 1,486 4, 813 4, 360 1, 5(i6

2,393 1, 355

177 392 473

28.57 11.73

4. 52 2.05 2. 37

16.84 3. iO 3. 46 5.15

27.49 11. sa

4. 88 I. 94 2. 43

15.66 3. 38 3. 36 4. 51

235.2 !\0. 3

184. g 7. 7 4. 5

21.2 151.5

I HI. I 55- I

142-(i 9. (i

6. 6 17. ~

108. (i

24, 1~7 r lR, 21\1

fi. 7fi() T fl. 6Wi a. 434 , 3. 4~7 3. 13!1 ' 3. 30\1

295 ' 178

1. 211i 74.1 471 921 f\OSl 312

17. 3(iJ 2.127

407 Sill !i54 ao5

XRO 1. 47H 5. ~:l7 4, 73:2 1, H:29

'830 r .117 '313 r()H,1

r 520 '175

r 12, f:i66 '986 r 204

371 23()

'J(i!J

r fi!9 'l.:n4 '4. i;J.~ '4. 303 '1..540

190.3 !l3.:!

137. I 10_ 3 4 .,

19. ;~ ](13 ~

'5-H~ 'li. -llb ' :l. 31k ' ;<_ 882

3. 1.\:l w:;

4.11\1 2. 4:!2

2fi7 751 700

'1. 756 ' I ' I. 005

139 r 259 '409

20.203 '20. 247

6. 453 r 6. 477 3. (ifi2 r 3. 720 3. 418 '3 .• 'i02

244 '224

949 1\03 34(\ 955 iOS 247

13. 750 1, 21!1

231 467 299 222

Gg6 1, 465 4. 928 4, 474 1. 60.5

2 340 1:389

167 :;sr. 448

26.56 11.46

4. 81 1. 91 2.30

'13, 770 ' 1. 220

'230 461 314

'215

'663 '1. 4(i3 '4, 943 '4. 48.) 'I. 63\!

'2, 320

, 1, r~~ '373 '460

'26. 51 11.56

5. 03 I. 87 2. 30

15.10 '14. 94 3. 23 '3. 09 3. 34 3. 29 4.20 r4.17

27. 43 '27. 54 11. 73 II. i2 4. 8~ 4. 95 1. 96 1. 95 2. 38 2. 36

15. 70 ' 15. 82 3. 42 '3. 37 3. 34 3. 38 4. 58 '4. 63

4;.1 11 20 .. mw r H. fi0:2 I 1 tl, ()fia

3. Rll3 3 . .17!i

227

1:J. s;;o I. 2:11

240 4(i4 311\1 :?11'

6!<6 I, 520 4, 911 4. 451 J.()l(i

2.339 1.337

174 379 461

'27. '23 11.91\

5. 39 I. 87 2. 34

15. 27 3. 24 3.31 4. 3\1

ii:Jf ~~·:-:. 1 93 ..... 2 36 -----

]5_ 771··--· ... 3. 36 ------·· 3.37 -------· 4. 64 ---··--··

lumber yards, buildin<L llLlterials dealers, and paint, plumhin).!;, and electri::al stores. tRetailinventories have been revi,ed beginning 1941i. Revisions for Dec.1957-Sept .. 191\0

appear on p. 24 of the Dec. 1961 SURVEY; tho~e for the ear Her period are avoib hie upon request.

S-12 SURVEY OF CURRENT BUSINESS April l!lH:'l

I 1961 1 1!162 1962 )963

Unless otherwise stated, statistics through 1960 ~~~~~~J-~~-.-~~.----.~---,----~-,------.------,~--,,----,----,----~-1----,---~--,----and descriptive notes are shown in the 1961 l\Jonthly I

1

, I I I \ I \ I I ~-edition of BUSINESS STATISTICS ayerage Feb. \!-Jr. Apr. ;\lay June July Aug. Sept. _ Oct. :\o\·. Dec. Jan. Feh. \lar.

DO:\IESTIC TUADE-Continucd

RETAIL TRADE--Continued

Firms with 4 or more stores: Estimated sales (unacljusted), total, ______ mi\. $ __

Firms with 11 or more stores: Estimated sales (unadj.), totalQ, __________ do ___ _

Apparel ~roup 11--------------------------do ___ _ "!\1en's and boys' wearstores ___________ clo ___ _ Women's apparel, accessory stores _____ do ___ _ Shoe stores _____________________________ rlo ___ _

Drug and proprietary stores- ____________ rlo ___ _ Eating and drinking places ______________ rlo ___ _ Furniture, home furnishings stores _______ do ___ _

General merchandise group Q ____________ cto ___ _ Dept. stores, excl. mail order sales ______ do ___ _ Variety stores _________________ ---------do ___ -

Grocery stores ___________________________ do ___ _ Lumber yards, bldg. materials dealersd'._rlo ___ _ Tire, battery, accessory dealers, _________ do ___ _

5, 127

4, 378

297 30

120 so

127 9.1 38

I, 354 823 262

1, 843 63 83

5, 472

4, o31

311 29

124 94

137 100 40

1,404 896 284

I, 920 62 90

Estimated sales (seas. adj.), total\? , _______ do ____ -------- --------

Apparel group Q __________________________ cto ____ -------- --------Men's anrl boys' wear stores ___________ do ____ -------- --------"'omen's apparel, accessory stores _____ cto ____ -------- --------Shoe stores _____________________________ cto ____ -------- --------

Drug and proprietary stores _____________ rlo ____ -------- --------Eating anrl rlrinking places ______________ rlo ____ -------- --------Furniture, homefurnishinp:s stores _______ do ____ -------- --------

General merchandise group Q _____________ do ____ -------- --------Dept. stores, excl. mall order sales ______ do ____ -------- --------Variety stores __________________________ do ____ -------- --------

Grocery stores_-------- __________________ do ____ -------- --------Lumber yards, bldg. materials dealersd' __ do ____ -------- --------Tire, battery, accessory dealers, _________ do ____ -·------- --------

All retail stores, accounts rC'ceinthle, Pnrl of mo.:* TotaL ____________________________________ mil. $ __ '13,003

Durable ~oods storrs _____________________ do____ 5, (IO:l Nondurable goods stores _______________ clo____ 7.1.111

Charge nrcounts _________________________ cto____ i, Hil Installment arrounts _____________________ do____ 5, sg2

Department ,,tores: Ratio of collections to accounts recei\·able:

Chargp accounts ______________________ pt'ff'<'DL _ Installment accounts _____________________ do ___ _

Sales by type of payment: Cash sales ____________ percent of total s:Jl<'S--Charge account sales _____________________ rlo ___ _ Installment sales ___ ------ ________________ do ___ _

47 15

43 42 16

l l4,30i !l, 241 8, Ot16 7.449 6. 808

48 17

43 40 17

Sales, total Vnited States:t Unadjusted _______________________ 1957-5!l=JOO__ 109 IH Seasonally adjusted _______________________ do ____ -------- --------

Stocks, total F.S., end of month:t Unadjusted ______________________________ do____ 110 117 Seasonally adjusted ______________________ do ____ -------- --------

WHOLESALE TRADE t Sales, estimated (unadj.), total ______________ hil. $ __

Durahlc goods f'Stahlishmf'nts ______________ rlo ___ _ ~ondurahle goods estnhlishment.s __________ do ___ _

12. Ci6 4. 28 8. 27

13.!1(\ 4. 52 ~-54

Im·entories, estimated (unadj.), totaL _______ cto____ '13. 49 1 13. 81 Durah1e goods rstahlishments ______________ do____ H. 08 6. 8a Nondurable goods estahlishtnents __________ <lo____ 6. 81 6. 98

4. 306

3, 673

19S IS i9 64

118 88 31

965 !)7() 19f\

I. 744 44 64

4, 523

313 29

125 97

131) 99 36

I, 407 8.18 272

I. 890 63 88

12,007 .~. fi30 6,477 n. 541 5, 466

46 15

12 41 17

r 11)7 115

11 .171 ~ ~7,

13 56

6 791 677

5,252

4, 508

zn '25

108 82

130 98 11

I, 253 775 241

2,100 .04 80

4,653

311 31

124 95

133 100 41

I, 511 941 288

1, 903 G4 91

12,135 5, (\()9 6, .'12fi 0, 562 5, 573

5, 236

4, 464

361 32

138 118 130

9S 37

1,398 858 277

1, 805 62 87

4, 582

302 29

119 92

138 100 39

I, 414 852 283

I, 921 65 89

12,678 5, X64 6, Xl4 6, !lOI 5, 777

50 46 16 17

42 43 42 n 16 IG

91\ 112 117 113

116 118 116 115

12. (IX 12.1\0 4. !'i2 4.;) l 8. 4ti 8. (1(\

13.68 13.61 I G. 9fi I 6. 98 6. 72 6. 62

5, 396

4, .194

315 2\l

128 97

132 103

41

I, 424 883 208

I, 908 69

100

4, 591

311 30

122 93

134 102 40

1, 451 878 287

I, 906 61 89

12,868 5, 948 6, 920 7. 00~

''· 860

4K 17

42 41 17

110 )];)

117

117 I !3 .. ;z 1

4. 761. 8. 75

13.50 I

7. 051 6. 54

5. 499 I 4, 698

299 30

116 95

134 106 38

1, 402 875 271

2,041 71

101

4, 523

291 28

117 86

136 102 37

1, 420 870 275

1,899 61 87

13,010 6,088 6, 922 7,008 6, 002

5, 041

4, 2139

250 22

100 79

129 105 36

1, 262 770 248

1, 818 72 96

4, 635

314 30

125 92

134 99 40

I, 472 896 287

I, 913 64 89

12.948 6,153 0, 795 6, 898 f\,050

48 47 17 16

43 44 40 39 17 17

105 96 111 114

112 112 118 ' ll9

13.12 ' 12.71 4. 69 1 4. 47 8. 43 8. 24

13. 71 13.70 7.0s 7.0o 6. 63 6. 04

,i, 526

4,070

291 23

115 96

131 106

41

I, 459 870 285

1, 960 76 91

4,670

330 32

127 98

135 99 40

1,487 886 302

1, 921 62 86

13,045 6, 213 6, 832 n, ni3 6, 072

47 17

44 39 17

104 115

117 liS

13.71 4. 78 8. 93

13.76 7.01 6. 75

EMPLOYMENT AND POPULATION

POPULATION

Population, r.s. (ind. Alaska anti !Iawaii): Total, incl. armed forces O\-ersens§ ___________ miL_ 2183.74 218(). 59

EMPLOYMENT $

K on institutional population, est. num her 14 ;-ears of age and O\'er, total, unndj _______________ miL_ 127. 85 130.08

Total labor force, incl. armed forces ________ thous __ Ci\'ilian h1hor force, totaL _______________ do ___ _

Employed, totaL ______________________ do ___ _ Agricultural employment_ ___________ do ___ _ Nonagricultural employment_ ________ Jlo ___ _

74, 175 71,603 66, 796

5,4fi3 61,333

l:Tnemployed, totaL ____________________ do____ 4, 806 Long-term (15 weeks and over) _____ do____ 1, 532

Percent of civilian labor force_______________ 6. 7 Not in labor force __________________________ thous __ 53,677

74.681 71.854 67,846 5,100

f)2.H57

4.007 I, 119

5. 6 5.5, 400

Ci\·ilian labor force, seas. adj.* ____________ do ____ -------- _______ _ Employed, totn\. ______________________ do ____ -------- --------

Agricultural employment_ ___________ do ____ -------- --------:\!onngrirulturnl employment_ _______ do ____ --------~--------

Cnemployed, to.t~L ___________________ do ____ -------- --------Percent of c1nhnn labor force _______________ -------- _______ _

185. 51

129. 29

73, 21~ 70,332 (i5, iR9

4, 578 t\1, 211

4, 543 I, 431

6 .. 1 .il\,072

il. 713 l\7. 629 5. 4gl

62.148 4. 084

5. 7

185.71

129. 47

73, 582 70, fiHI 66, 310

4. 782 61, 533

4. 382 I. 485

6. 2 55.889

71.803 tl7, 8()0 5.504

t32. 856 3, 943

5. 5

185. 94 : 186. 15

129 .. 591129. 75 I

3 i3, 654 l i4, i97 70. 7691 71. 922

3 66, 824 68, 203 4, 961 .1, 428

61,863162, 775

3. 946 3, 719

1,4831 1.274 5 () 5 2 55, 933 54. 956

3 i1,5B5 il. 782 I 137,591 I 67. S21

5. 29!\ 5. 269 62, 295 62. 552 o. 9!14 'I 3. 961

5. 6 5. 5

186.37

129.93

76. ~57 7-1.001 69. 53!!

6. 2UO 63, 24!)

4. 463 I. 033

6. 0 53.072

71.673 6i. 7:31 5. 190

62.541 3, 942

5. 5

186. 59 18!l. 85

130. 18

76, 437 73, 582 69 .• ~64 6,064

63, !\00

4,018 921 5. 5

53, 746

71,730 i\7, s3:J 5, 118

62,715 3, R97

5. 4

130.36

76, 554 73,695 69,762

5, 770 63,993

3, 932 934 5. 3

53,805

72. 197 GS. 104 5, 087

63, 017 4, 09:l

5. 7

5, 413

4, G59

318 25

125 105 129 101 39

I, 436 884 271

I, 893 67 86

4,691

313 30

129 93

135 99 41

], 496 91n 284

I, 1136 61 93

13,156 6,148 7, 008 6. 977 6,179

46 17

42 41 17

117 117

U5 118

12. So 4 . .00 8.36

13.85 7. 00 G. 851

187.11

130.55

74.914 72. 179 68. 668 5, 564

63,103

3, 512 906 4. 9

55,631

72,254 68.188 5, 114

6:l. 074 4,0tl6

5. 6

5.H22

4, fl92

314 30

124 93

132 103 4fi

I, 519 939 279

1.890 73 92

4,010

30.1 29

121 95

13fi 100 41

I, 428 863 288

I, 940 61 90

13, 390 6, 245 7, 14!\ 7, J.i3 6, 237

49

~: I 42 : 17 I

113 llO

135 120

!

14.33 . 4. 97 1

9. 36 I

14.13 1

6. 97 i 7.16 I

187.38

130. 73

74, 923 72, 187 (\8, 893

5, 4i.~ 63,418

3, 294 865 4. 6

55.808

71.915 68.0713 5, 040

63.036 3. 839

5. 3

6, 044 i I

5, 0561

346 3!\

143 93

137 99 48

1, 734 1, 062

307 2,000

66 92

4, 743

320 29

130 97

142 102 42

I, 523 929 302

I, 937 65 94

13, 557 6, 203 7,3M 7, 223 6, 334

49 17

42 41 17

141 118

135 118

13.89 4. 62 9. 27

14.15

7, 767

6, 526

546 58

228 142 213 101

49

2, 664 1, 617

.i/8 2,103

52 126

4, 741

309 28

12.i 113

142 101 43

1, 503 962 269

1, 965 64 98

'14, 299 6, 241

'8, 058 '7. 441

6, 858

48 17

45 39 16

212 117

110 117

13.13 4. 26 8. 87

6. 9.i I

13.81 6. 83 6. 98 7. 20 i

187. 63 187. 84

130.91

74. 532 71,782 67,981

4, 883 63,098

3. 801 866 5. 3

56,378

71,827 67,691 4. 983

62.708 4,136

5. 8

131.10

74, 142 71,378 67.561 4,066

63,495

3. 817 979 5.3

56,954

72,084 68,091 4,843

63,248 3, 993

5. 5

, -l. 901 I 4. 075

232 24 93 70

129 91 30

1.120 689 191

1. 897 45 69

4. 731

315 27

130 95

138 9& 38

1. 505 923 2~0

1, 91\5 61 88

'13, 171 '5. 892 '7. 532 '6.842 '6. 632

49 '17

43 38 19

so '113

107 120

' 12. :l6 • 4.::5 '8. 11

• I:J. 88 '6. 84 '7. 04

188.06

131.25

73,323 70, 607 65,935

4. 201\ 61,730

4, 672 I, 153

6. 6 57, 930

72.348 68. 171 5, 183

62,988 4, 177

5. 8

4. 5961 _______ _

:J. S26 ~--------

202 --------18 82 64

128 89 32

I. 035 618 204

1, 790 42 62

4. 732

319 31

131 9i

146 101 38

I. 510 922 284

I, 951 61 86

12.740 5. 714 7. 026 6. 008 6, 132

48 1--------:~ ~--------

40 1:::::::: 17

p 8!'. 1' 101 TP114 P]20

p 112 >119 c:::_:

12.26 4. on 8. 17

1~ ~~ 1:::::::: 7.0-l ~--------

188.261

131.41

73. 999 il. 2i5 66, 3!iR 4,049

62,309

4, ~IR I, 303

6. 9 57, 414

72.501 68,086 4, 841

63,245 4, 415

6.1

I

I

188.43

131.59

74.382 71.650 67. 148

4, 337 62,812

4, 501 1, 386

6.3 57,208

72,698 68,636 5, 00~

63,628 4, 062

.1. 6

r R~vi~f'd. P Preliminary. t End of yenr. 2 As of July 1. 3 St•f' note"$". , Re,-isect beginning Frh. 1961: rrYisions for Feh.-Apr. l!lf\1 willlw shown Inter.

Monthly!ahorforce data (!949-62) appearin" Employment and Earning,," BLR (:\Jar. 1963),

Q Includes data not shown separately. d'Comprises lumber yards, building materials dealers, and paint, plumbing, and elec-

trical storPs. tSre corr!'sponding note on p. S-11. §R<'Visions (1950-61) are ayaiJablr. •:-.<ew series. Back data foraccountsreceivableare a\-ailablefrom Bureau of the Census.

!Re,·isJ•d series, reflecting (I) adjustment to 1958 Census of Business benchmarks, (2) shift to 1957-59 base period, and (3) review of seasonal factors. Revisions beginning 1947 appear in the FEDERAL RESERVE BULLET!:-.', July 1962, $Beginning Apr.1962, not strictly comparable with earlier data; sec July 1962 SVRVEY.

.\pril 1HG3 SURVEY OF CURRENT BUSINESS S-13

Unless otherwise stated. statistics through and descriptive notes are shown in the edition of BUSINESS STATISTICS

1

1961 1' 1962, 1960 1961 ---1\fonth~-

avrrage

1962 ----.---.-----.------.----[ 1963

Feb. I Mnr.l Apr. 11\Iay I .Jnne I July I Aug. I Sept. I Oct. Nov. Dec. ~ Feh. I ~far.,-El\IPLOYlHENT AND POPULATION-Continued

EMPLOYMENT-Continued

I Employees on payrolls (nonagricultural <'Stah.):t

Total, unaujustcd !--·--··-------------- ___ thous __ 54, 077 5b, 32.) 53,823 54,01i6 54, 8Hl

:\Tanufacturin~ establishments __________ do ____ 16,267 16,7.00 lfi, 4.)2 Hi,52R 16, 63() Durahle goods industries _______________ do ____ 9,012 9,443 9, 287 9, 339 H, 422 )(ondurable goods industrles ___________ do ____ 7,225 7,30P, 7, Hl5 7,186 7, 214

Mining, total<;! --------------------------do ____ 666 647 642 640 647 MetaL.--------------------- _________ .do ____ 87 84 86 86 87 Coal mining ___________________________ do ____ 1!\6 144 153 119 14f\ Crude petroleum and natural gas. _____ do ____ 309 304 302 302 302

Con tract construction ___________________ .do ____ 2, 760 2,696 2, 282 2, 328 2, .189 Transportation ani! puhl!c utilities I! _____ i\o ____ 3, 923 3. 925 3,8o:l 3. 880 3, 904

Railroad transportat.ion ________________ do ____ 820 801 799 80:l 808 Local ani! Interurban passenger trans!t .• do ____ 270 264 267 26:2 267

Motor freight trans. and storage ________ do ____ 875 910 872 879 887 Air transportation. ____________________ do ____ 197 205 201 204 20!1 Tt'lephone communication. ___________ .iio ____ 695 690 ti84 681 {\87 Electric, gas, and sanitary services ____ .iio ____ 611 607 600 600 601

Wholesale and retail trade _______________ <lo ____ 11,368 11,571 11,188 11' 223 11,470 Wholesale trade _________________ ---- ___ do ____ 3,008 3,071 :l,021 3,m2 3, 028 Retail trade._------- __________________ .do ____ 8,361 8,500 8, 167 8, 201 8, 442

Finance, Insurance, and real estate _______ do ____ 2, 748 2, 7!J3 2, 749 2,7M 2, 770 8('rvief•s anrl mlscellaneous _______________ do ____ 7,516 7, 757 7,M!i 7, 573 7,690 Government_ ____________________________ do. ___ 8,828 9,185 9,102 9,133 9,143

Total, seasonally adjustedt-----------------do ____ 154,077 155,325 M, 77.1 54,901 ,15, 2ti0 Manufacturing establlshments ___________ do •••• 10,267 16,750 If>, 572 16,682 16.848

Durahie goods industries _______________ do •••• 9,042 9,443 9,312 9, 38.) \), 490 Ordnance and accPsRortcs _____________ do ____ 201 21.) 207 210 211 Lnmher and wood products __________ do ____ 600 607 fi12 610 611 Furniture and fixtures _______________ do ____ 367 381 375 379 382 Stonr;:l, rlay, and glaf.:R prodnt:>ts _______ do ____ 567 572 563 562 .171 Primary metallndustries .. __________ do ____ 1,142 1,166 1,211 1, 217 I, 223

Fahrlcated metal products __________ .do. ___ 1,076 1, 118 1,097 I, 109 I, 124 Machinery _____________________ ----- .do ____ I, 401 I, 45~ I, 421 1, 437 I, 4-\1 Electrical equipment and supplies •• .do ____ I, 436 1, 528 I, 495 1,.110 I, 528

Transportation equlpment_ __________ do ____ I, 522 1,645 I, 595 I, 611 1, 637 In~trum~nts and related proclncts ____ do ____ 346 3.58 352 355 :!.16 Miscellaneous manufacturin~ Ind. ___ do ____ 382 393 384 385 394

)(ondurahle goods indnstrirs ___________ do ____ 7,225 7,308 7, 2fi0 7, 297 7, 3-18 Food and kinrlred prod•wts __________ do ____ 1, 780 1, 772 1, 77fl 1, 777 1, 788 Tohacco mannfart.nrf.'s _______________ (!o ____ 90 8\) 89 90 88 Textile mill prorlncts _________________ do ____ 880 881 884 886 889 Apparel and related prodncts ________ do ____ 1,200 I, 235 1, 200 I, 227 I, 258 Paper and allie<l products ____________ rlo _____ 590 602 595 59\) 602 Printin~. publishing, ani! allied lnd __ do ____ 926 933 929 931 934 Chemicals and allie<l products _______ do ____ 830 850 841 842 847 Petroleum refining and related lnd ___ do ____ 203 196 200 199 199 Rnhher anol misr. plast.!r pror!uct.s ___ do •• __ 365 389 381 384 384 Le.ather and leather products ________ do ____ 361 361 359 362 360

M inlng ___________________________________ do ____ 666 647 653 654 656 Contmrt construrtlon ____________________ do ____ 2, 760 2, 696 2, 694 2, 648 2, 734 Transportation ana public nt!lltles _______ do •••• 3,923 3, 92.5 3, 914 3, 927 3,9:1;; Whole,ale and retail trade _______________ do ____ 11,368 11,571 11,447 11,460 11, 54fj Finance, insurance, and real estate _______ do ____ 2, 748 2,793 2, 774 2, 776 2, 778 i'ervices and miscellaneous _______________ do ____ 7, 516 7, 757 7,675 7, 681 7, 67.1 Government _____________________________ do ____ 8,828 9,185 9,044 9,073 9, 088

Production workers on mfg. payrolls, unadjn,ted:t 12,044 Total, unadjusted\ ______________________ thous __ 12,417 12, 187 12,240 12,338 Sea,onally adjusted __________________ do ____ -------- -------- 12,300 12,387 12, 541

Durahle goods Industries, unadjusted _ _do ____ 6,613 6,930 6,820 6,857 6, 931 Rcn.sonally adjusted __ ------- __ --- __ do ____ -----99- 6, 840 6, 903 7. 000

Ordnance am! aceessorics _____________ do ____ 94 96 96 98 Lumber and wood products __________ do •••• 535 544 513 509 527 Furniture and fixtures _______________ cto ____ 304 316 310 311 313 Rtone, clay, an(l glass products _______ do ____ 455 4f>fl 432 435 454 Primary metal indnstrles ____________ rto ____ 914 938 984 991 991

Blast.fnrnaces, steel and rolling mills_do ____ 428 426 470 474 473 Fabricated metal products ___________ rto ____ 820 856 837 843 851 Machtnery ___________________________ rlo ____ 964 1, 016 997 1,014 1,02.1 Eli'Ctrical equipment and supplies. __ rio ____ 963 1, 035 1,013 1,014 1,019 Transportation equipment I! _________ rto ____ 1, 035 1,122 I, 119 I, 118 I, 118

Motor vehicles anrl equipment_ ____ do ____ 492 559 553 551 557 Aircraft and parts __________________ do ____ 379 389 395 393 382 Instruments and related products ____ do ____ 222 228 225 227 226 Miscellaneous mff(. industries ________ do ____ 306 317 295 299 308

Nondurable ~oods industries, nnadj ____ do .... 5, 431 5,487 5,367 5,383 5,407 Seasonally adjusted ________________ do ____ I, 178

5, 454 5,484 5, 541 Food and kindred products __________ cto ____ 1, 191 1,088 1,086 1, 111 Tohacco manufactures. __ ----------- .do ____ 79 78 75 69 66 Textile mill products _________________ do ____ 793 793 793 791 796 Apparel and related products ________ do ____ I, 067 1,098 1,093 1,106 1,096 Paper and allied products ____________ do ____ 470 477 468 471 475 Printing, publishing, anrl allied lnd •• do ____ 596 597 593 596 596 Chemicals and allied products. ______ do ____ 506 519 512 518 527 Petroleum refining and related lnd .•• do ____ 131 1~6 127 127 128

Petroleum refining _________________ do ____ 107 102 105 105 105 Rubher and mise. plastic products •.• do ____ 280 301 295 295 294 Leather and leather products _________ do ____ 319 319 322 322 318

• Revised, • Preliminary. 1 Total and components are based on unadjusted data, t Revised series. Beginning with the r\ov. 1961 SURVEY, data for employment, hours,

earnings, and labor turnover have been adjusted to the Mar, 1959 benchmark and have been converted to the 1957 SIC. Effective Jan, 1959 .the data include Alaska and Hawaii.

55,209 55, 777 55.493 M. 709 50,252 5fi.333

16, ()~2 IG, 870 16. 7~2 Hi, 931 17,127 17.028 9. 475 9, 547 9.463 9. 402 9 .. 1il 9, 5tl2 7, 207 7, 323 7. 319 7, 529 7, :)56 7, 46G

657 6fi\ 648 65S 6.11 645 HH S!J 88 ~4 80 79

145 143 130 1!2 143 144 304 308 310 309 307 303

2, 749 2, 839 2. 982 3. 031 2, 978 2. 93n 3. 924 3, 965 3, 948 3, 963 3. n:;9 3. 959

81.1 819 81! 8!0 784 792 266 261 254 251 265 267

893 919 920 928 942 948 207 208 193 199 2!0 211 688 692 698 699 693 ti88 602 613 618 619 612 605

1!, 476 11.582 11,MO 11. 558 11,627 11, 6S2 3, o:J4 3,074 3,091 3. !07 3, 10.1 3. 113 8, 442 8, 508 8, 449 K, 451 8, 522 8, !)69 2, 780 2, 808 2,839 2, ~41 2.813 2.807 7, 769 7. 881 7.884 7,867 7,8fl6 7, 870 9,172 9,171 8,870 8,860 9, 241 9, 406

55,40:1 5.), 535 .~5.H17 55, 53ti ,1,1,183 55, 647 Jf\,891 16.923 16,908 16, 7!l5 16,805 16.781 9, 544 9, 555 9. 552 9, 4(\1 9,•186 9. 470

213 213 217 222 220 222 609 611 607 609 603 602 387 386 386 385 330 378 579 .581 58! 5~3 576 579

I, 199 I, 163 1, 149 1. !41 1, 134 1, 119

1,135 I, 131 I, 132 I, 122 1, 129 ], 117 1, 460 1, 470 1, 474 !, 4'<0 1, 471 1, 482 I, 541 I, 554 I, 555 1.541 I, 528 I, !i46

1, 663 1, 687 1, 688 !, 619 I, 694 1, (i74 359 3.19 362 362 3&)8 359 399 400 401 397 393 392

7,347 7, 3fi8 7, 35G 7.-'l34 7, :ng 7, 311 1, 776 1, 774 1. 777 !, 763 1. 770 1. 1m)

88 87 89 9:J 96 !!3 890 891 88,) 879 874 871

1, 248 1, 257 I, 249 I, 24G 1, 24:3 I, 2!2 604 GOG 606 GOG 603 t;03

935 937 937 937 938 937 849 853 858 855 853 855 199 199 199 198 191 1!11 392 399 396 3!Hi 393 3!10 366 365 360 3(\2 35S 3ti0

659 652 648 646 641 638 2, 716 2, 671 2, 738 2, 731 2, 715 2. 716 :l, 936 3,9:34 3. 913 :l, 9:J2 3, 928 3, ~35

11, 596 11,621 11,652 11, 627 11,612 11,5!!4 2, ?H6 2, 788 2, 792 2, 796 2, 799 2.813 7, 692 7, 749 7, 783 7,805 7, 809 7,831 9,127 9,197 9,183 9, 204 9, 274 P,339

12,372 12,516 12,403 12, 544 12,751 12, f>(\1 12,566 12,581 12,551 12, 432 12,446 12,416 6, 975 7, 025 6. 925 6,862 7,034 7. ~)27 7, 037 7,035 7,024 6,925 6, 953 6, 933

98 97 99 102 101 !01 546 571 568 576 567 558 314 317 313 323 323 324 467 476 476 481 479 474 964 936 903 906 911 898 446 420 399 39S 399 :l91 861 868 8!\2 S51 872 871

1,026 1,034 1, 020 1,015 1,021 1,018 I, 025 1,03\l 1, 031 1,011 1, 059 1,0fi2 1,133 1, 137 1, 121 I,()()'; 1.133 1, 150

573 580 561 441 566 .581 380 378 384 3~8 389 391 227 228 226 229 230 230 315 322 316 331 338 342

5, 397 5, 491 5,478 5,682 5, 717 5. 634 5, 529 5, 54t\ 5, 5'27 5, 507 5,49:< 5, 48:J 1, 121 1, 176 I, 224 I, 30-1 1,330 1, 266

64 65 n;) 90 105 99 797 803 78!; 798 79fi 792

1, 080 1,093 1,071 I, 129 1, 12.5 I, 118 475 483 476 4H4 485 484 595 597 .192 596 603 60tl 525 520 521 523 523 520 129 130 130 128 122 121 104 104 104 103 97 96 298 304 296 303 308 311 313 321 316 327 319 317

56, 214 .oG, 444 '54, 833

lfl, S91 16,727 '16, 551 9, 533 9,473 '9, 407 7, 358 7, 254 '7, 144

638 ll28 '617 79 7~ 79

142 140 '140 300 301 '295

2, 801 2, 532 '2, 3-19 3,934 3,937 '3, 794

782 787 '7f>fl 267 269 270

939 92.1 '885 209 210 212 688 686 683 603 602 '600

11,842 12,401 '11, 520 3,113 3,129 '3,086 8,729 9, 272 '8, 434 2, 808 2, 807 '2,803 7, 830 7, ~0.) '7, 761 9,470 9, 607 '9, 438

55, 597 .55,.080 •55, 536 16, fl95 16,681 •16, 632 9,413 9. 413 '9.399

221 220 T 220 fl05 603 '608 :l80 380 380 .17'2 56!) T 562

1.115 1. 121 ], 121

I, 110 I, 111 ], 104 1.4~1 1, 4<1~ '1, 4f>6 1, 527 I, 531i '1, 533

I, (i52 1, 669 '1, 662 358 3!i9 360 392 387 383

i. 282 7, 26:l '7, 233 1. 7f•3 1, 773 '1, 770

90 I 90 r 87 sns 866 '860

1, 231 1, 229 ' I, 220 f>01 604 602

938 914 •913 855 853 853 189 189 187 389 389 '391 358 3.)6 '350

636 625 '623 2, 6~6 2, (i54 '2, 651 3, 918 3, 921 '3,836

11,600 11, 573 '11, 637 2,822 2. 821 '2, 828 7,S46 7, 87ti '7,895 9, 384 9,129 '9, 434

12, 518 12, 35R •12, 187 12, 324 12, 311 •12, 257

6.994 6 .. 929 ,. 6,862 6, 875 6, ~80 '6, 853

102 1G1 100 547 530 '518 322 319 315 465 446 '432 894 000 '900 3S8 392 '394 865 85\l 848

1, 017 l.Gl~ '1,021 1, 060 1,053 I 1,042 1,160 I, 168 '1.168

589 596 '593 396 399 '399 230 2:l0 229 332 305 '287

5. 524 5,429 5, 325 5.449 5, 431 '5,404 1,188 1,1-17 '1,099

84 ~2 -76 788 779 T 7{i7

1,113 1,097 1, 081 481 4~0 '474 604 587 r 579 519 515 '515 120 119 '117 96 95 95

309 306 305 319 318 310

'54, 778

•16, 545 '9, 400 '7, 145

'613 80

139 295

r 2. 240 '3. 863

762 269

888 211 683 600

•11, 419 '3,079 '8.340 r 2, ~10 '7, 782 '9, 506

'55, 727 •16, 663 '9, 423

'219 • ti!O '379 '562

'I, 136

• I, 110 1, 461

'1, 533

• I, 669 361

'383

'7, 240 '1, 768

'88 '859

r 1. 220 602

•913 r 85() '187

391 '350

r 624 '2, 645 '3, 914

'11, 683 '2, 836 '7, 917 '9, 445

•12, 177 •12, 284

T 6, 85:2 6, 874

'99 '513 '313 r 429 '915

409 846

r 1, 024 'I, 032 'I, 158

584 391 229

'293

'5,32.1 '5, 410 '1,077

•73 r 767

'1, 110 '472

'577 '517 '116

95 301

'314

55.035

16,60ii 9, 432 7,173

617 ~----- --------

-----

:2. 30ti 3, 877

--------------

----------------------------11, 46ti 3, 078 8,388 2, 821 7,808 9. 535

55,928 16. 7ti4 9, 479

21U 611 380 5(\8

I, 147

I, 121 1, 46fi I, 538

1, 6~3 363 383

7. 28.1 1, 774

90 8til

1. 24\J 604

917 858 187 393 35~

630 3 2, 62'

3, 924 11, 753

2, 844 7, 919 9, 471

12,226 12,370

6, 876 6, 922

99 51! 312 438 92.)

-------849

1,031 1, 025 1, 1.59

--------------

23 29

0 7

5,350 5, 44 1.081

69 768

I, 122 473

58! 524 117

-------302 313

The revision affects all series; previously published estimates are not diroctly comparable with the revised data. Fnpuhlished revisions (prior to Sept. 1960) on new basis arc in BLS Bulletin No. 1312, available in many public libraries.

I! Includes data for industries not shown separately.

S-14 SURVEY OF Cl~RHgNT BUSINESS April H>t\0

{Jnless otherwise stated, statistics through and descriptive notes are shown in the edition of BUSINESS STATISTICS

1960 \ 1961

1961 1 1962 p

\lonthly average

1962 1963

I Auv. I Sept. \ Oet. );o\'.1 Dec. Jan. FPhl~~:-

K\IPLOY.\IENT AND POPULATION-Continued

EMPLOYMENT-Continued

Miscellaneous employment data: FNlf'ral f'ivilian employcrs (€'xecutiVC' hraneh):

FnitedStatPs ___________________________ thous .. 2.2.51 2.311 2,2GO 2.2G5 2,27i 2.2S4 2.324 2.33B 2.336 2.306 2.30• 2. 319 12.46:2 2, 297 I

~. 302 I

234 1:::::::: Wash. D.C., mctropolitanarea _________ do____ 220 230 223 223 224 225 23.5 237 236 231 1 231 233 I 236 233

Railroad employees (class I railroads): TotaL __________________________ ----_.- ___ do .. -- 739

Index, seasonally adjustedci' ___ .J957-59= 100.. '-~I. ,5

INDEXES OF WEEKLY PAYROLLS!

Constntction (construction workers)t .1957-59= 100 .. Manufacturing !production workers)! _______ do ___ _ Mininp: !production workers)t _______________ do ___ _

HOURS AND EARNINGS t A veragr WC'Pkly !=!TOSS hours pf'r workrr on payrol18

!Of>. 4 105.2 Sll.ll

of nonagrienltnml <'~tab., unndjustrd :t 39

. 8 All manufacturinr: C>tab., unadj.j _________ hours __

A ~;~~~~~~~r~:~·~~t_<~~ ~ = =::::: == = = =::::: ~~= ==: ----2~ 4-Durahlc goods induetries. ________________ do____ 40.2

Seasonally a;lju~ted ________________ do ____ --·-2·3-Avrrageovrrhmr ___________________ do____ ·

Ordnance anct aceessorirs ______________ do ___ _ Lumhrr and wood procttwt~ ____________ do ___ _ Furnttun~ anrl fixtures ________________ do ___ _ Stonf', clay, and P"lflSS products _________ do ___ _ Primary m(•tal indu~tries _______________ (]o ___ _

Blast furnace~, st.eeland rollinp: mills.dO----

Fahrieatcd metal products _____________ do. __ _ M arhincry _________ ---- ________________ do.-_. Elcetrical c~uipmcnt and supplies ___ •. dO----

·Transportation equipment!( ___________ (]o ___ _ Motor vehicles and cquipment_ ______ c!o ___ _ Aircraft and parts ___________________ do ___ _

Instrument~ and related products ______ (]o ___ _ Miscellaneous mfg. industrics __________ do ___ .

40.8 311 .. 5 39.9 40.7 30.!) :1x. 7

40.!) 40.11 40.2

40. !I 40. I 41.4 40. 7 30. [i

Nondurahl<' goods industries, unadj ______ do____ 311.3

A ~g;~";(~~~rr~{~~~~~(~(~=~=======: ======~~~==== --- -z~~-Food and kindt·cd products ____________ (]o____ 40.11 Tohacco manufacturcs _________________ do---- ~~-g Text1lc mtll products ___________________ do---- · · Apparel nn•l rPlated prodncts __________ clo---- 35.4 Pappr and allied products ___________ .. dO---- 42.5

Printing, pnhlishin~, and allier1 ind ____ dO----Chcmicals and allied products __________ ,lO----PrtrolL'tHn refining and rrlated ind _____ do ___ _

PC'trolf'um rf'fining ___ . _______________ dO---· Ruhh0r and misc. pln~f.ic prodncts _____ (]o ___ _ IPa!hrr an,llPathcr products ___________ do ___ _

N nnmauufacturlng establishments:t Mining I( ___ ---------------------------- .dO----

M c ta 1 mining ______________ --------- __ .do.---f1oa} mining ___ ------------------------dO----Crude petroleum and natural gas. ______ dO----

Contract construction ____________________ do----Gencral building contractors ___________ dO----Heavy construct.ion ____________________ do----Spcdal trade cont.ractors _______________ dO----

Transpor!ation and public n!ilities: Lorai anrl suhurha.u transportation _____ dO----Motor freighttransportation and storage_do----'T'Plephone communication _____________ do----Eleetric, gas, and sanitary servlcm::. _____ dO----

Wholesale au<! retail trade _______________ dO----\\.r}w1esale trade _____ ------------ _______ do- A--Hetail trade§ _______ ------------ •• __ -- .. do----

Services and misrel!aneous: Hotels, tourist courts, and motels ______ dO----LaundriPs, cleaning and dyeing plauts_dO----

Av0rag-r. weekly gross earnings per worker on pay­rolls of nonagricult.nral estahlishments:t

All manufacturing establisllmentsf _______ dollars .. Durahlc voods industries _________________ do ___ _

Ordnaner and accessorir'>---------------do ___ _ Lumber and wood products ____________ do ___ _

3K 2 41.4 41.2 40.9 40.3 07.4

40.6 41.4 35.8 41.!;

3ti. 9 35.8 40.3 36.2

42.9 41.6 39.4 40.9 38.8 40.5 08.1

39.6 38.8

92.34 100.10 ll:l. 42 77.03

Furniture ancl fixtures _________________ do____ 76.21 Stone, clay, and glass products .•••••••. do____ 95.24 Primary metal industries ______________ do ..•. 114.95

Fallricated metal products _____________ do .... 100.85 Machfnery _____________________________ do .••• 107.16 F.lectrical equipment and supplles _____ do____ 94.47

Transportation equipment 9 ___________ do ____ 113.81 Instruments and related products ______ do____ 97.27 Miscellaneous mfl(. industries __________ do.... 75.84

r Revised. P Preliminary. a A vcrage for 11 months.

lOi. li ll:J. 3 sn. i

40.4

2 H 40. H

2.R

41.3 3\1,7 40. 7 40. H 40. I 3X. II

41. I 41.7 40. ~i

42.0 42. ti 41.11 40.11 3n. 1

3\1. I

2. i 41.0 3i'(!) 40. (i 3ti. 3 42. ti

3H.3 41. [) 41.1\ 41.2 41.0 37. 7

41.0 41. !i

a 30. n 42.0

37.0 3S. H 40.ti 31i.3

42.5 41..5 40.0 41.0 3X. 7 40. f> 3i.!)

3U.I 38. !1

96.56 105. 11 116. 88 78.61

79.37 98.57

119.50

104.81 112. 59 97.44

122.22 100.21 78.21

720 78. 8

82.4 101> .. 5 88.4

40.0 40.3 2..5

40.6 40. 9

2. ·"

41.3 :19.3 40.2 o!l. s 40. 8 40. tl

40." 4l.ti 40.3

41. () 41.0 41.8 40. !i 3\l. I

:l9. 2 :19. [)

2. 5 40.0 37.4 40. 5 3.5. 9 42.2

3K I 41. 4 40.6 40.7 40.2 38.0

40.7 41.7 37.6 41.9

3.o. 1 34.4 38.3 34.4

42.4 41.0 39.4 40.8

38. ·' 40.3 37.7

39.0 38.0

95.20 103. 53 116.47 76.24

77. 59 94.33

122.81

102. 72 Ill. 49

9.5. 91

117.26 98.82 77.42

Hi. 0 llO. 9 88. 7

40. 3 40. !I 2.tl

40.8 41. ()

2. i

41. 6 38. 9 40. r. 40. 2 41. 0 40. r.

4()_ \J 41. 9 40 .. 1

ll. 5 41.6 41.9 40.!) 40. 1

:-m.5 3\), 9

2. 6 40.2 37. 7 40.8 3ti. () 42.5

3~. f)

41.4 40. 7 40. 5 40. G 08.0

40.9 41.8 37.6 41.9

06.1 35.0 39.3 35.5

·12.8 41. 0 09.3 40. g 38.6 40. 5 37.8

39. 1 38.6

95.91 104.45 117.31

75. OS

78. 76 95.68

123. 41

103.48 112. 71 96.39

118.69 98.42 79.00

7~()

80.0

101.2 11~. fi

8!1 7

40. 4 40.8

2. 7 41.1 41.:1

'2. 7

41. 7 3H. f)

40. fi 40.9 40.\1 40. 4

41. I 42.1 411.6

41.8 42.4 41. 8 41.0 40.0

:ill. 6 40.2 2. (i

411. f)

as. o 40.7 36 .. 5 42.3

38. 4 41. 7 41. :l 41.0 41.0 a1. 1

41.0 •II. 7 37.1 42.0

30.7 3.o. 7 39.3 36.2

42.6 41.2 39.2 40.8 38.5 40.6 37.6

38.9 39.4

96.56 10.5. 22 118. 43

77.82

78.76 98.16

123. 11

!04. 39 113.67 97.44

119.97 100.04 78.80

1 Includes Post Office employees hired for the Christmas season; there were about 155,000 5-t}('h employres in the lTnited Rtates in Dec. 1962. 2 Ba~rd on nnadju~ted data.

735 HO. 3

11]. 6 n:l. 2 90.3

40. 5 40.6

2. R 41.1 41. I

2. R

41. 4 40.4 40.4 41. 5 39.9 :JS. 3

41. 3 42.1 40. 7

42.2 4:1. I 41. f> 40.\1 39 9

09. H 40. I 2. X

41. I :m. 4 40.9 :lli. .5 42. 4

ox. 4 41. s 41. G 41. 2 41. 3 :;;. 2

40.9 42.0 :l5. 0 41.9

:Js.l :lG. 7 42.2 37.2

42.8 41.4 09.4 40. 8 38.6 40.6 37.7

39.3 39.9

96.80 105.22 117. 16

79.59

78.38 99.60

llS. 50

105.73 114.09 97.68

121.96 99.80 78.60

738 79. n

114.0 115. I 92. ()

40. 7 411.5

2. 9 41.2 41.0

3. 0

41.3 40. 4 41.0 41. 5 40. l 38.0

41. 7 42. I 40.9

41.\1 42 .• s 41. tl 41.2 39.9

40. 1 40.0

2. g 41.2 38.4 41. I 31\.8 42.9

38.3 41.8 42.0 41.4 42.0 38.3

41.3 42.0 37.2 41.6

a7. o 31:i. I 41.4 36.7

43.0 41.9 39.7 40.8 38.9 40.7 38.2

39.7 39.5

97.27 105.47 116. 88 80.40

79.95 100.43 119.10

!06. 75 114.09 98.16

121.09 100.94 78.60

730 7n. a

121.!; 113.2 88. s

40. ;i 40. 5

2. 8 40.8 41.0

2. 8

40.7 40.4 40.3 41. G ;;g_ 4 37.4

40.9 41.7 40 3

41. g 42.7 41.4 40.8 39.3

40.0 39.8

2. 8 42.0 37.2 411.6 31i. 6 42.8

38.2 41. 5 42.3 41.6 40.9 38.5

40.9 41.3

42.3

38.4 36.8 42.7 37.4

42.4 41.9 40.3 41. I 39.2 40.8 38.5

39.6 39.3

96.80 104. 45 ur •. 1s 80.40

78.18 100.67 116.62

104.30 112 59 96. 7Z

121.93 99.55 77.03

730 79 9

12S. 5 113. r. V2. 2

40. 4 -10. 2 2. X

40.9 40.9 2.8

40.9 40.9 41. 3 41.8 39.4 37.8

41.3 41.6 40. 5

41 I 40.9 41. 5 41.0 39.7

39.9 39.4 ~- 7

41.2 37. s 40.6 ;l7, 0 42.9

3!'-4 41.4 41.7 40.8 40.9 3X.I

41.6 40. 7 36.5 42.3

38.8 37.0 43. 5 37.5

42.8 42.J 40.2 41.0 39.2 40.7 38.6

39.9 39.1

95.75 103.89 115. 34 81.80

80.54 101.57 116.23

105.32 112.32 97.20

119. 19 100.04

77.42

704 I il2 i02 7R 1 I 1' IV. 9 I• i'\0. 2

127.0 ll7. 4 92.0

40. 7 40 .. 5

3. 0 41.2 41.0 3.1

41.2 40.8 41.6 41.6 40.0 38.6

41. 5 4l.li 41.0

-12.2 4:l. 1 41.8 40.9 40. 1

40.0 39.7 2. 9

41.8 41.6 40.2 36. fi i 43.0

38.6 41. 5 42.7 42.0 41.2 37.2

41. .o 41.3 36.3 ' 42.2

38.5 36. 7 42.7 37.6

42.1 42.1 40.6 41.3 38.8 40.7 38.0

38.7 39. I

97.68 105.88 117. OJ 82. OJ

81.54 101.50 118.80

100.66 112.74 99.22

124. 49 100. 61 78.60

123.g 111.\1 ]lfl. f I 11.~. 3 90. 2 87.11

40.3 40. I

2. 8 41.0 40. 7

2. 9

41.2 40.0 41.5 41. .5 :J9 . .5 37.7

41.3 41.4 40. '"i

42. () 13. ,\ 42.2 40. 9 :J9. 9

311. !i 39. :l

2. 7 40. g 40. I ·10. fi 3fi. 9 42 .. I

as. 1 41.4 41. 7 40.9 40.9 36.2

41.4 40.9 36.9 42.0

38.2 :16.6 42.4 37.3

42.0 41.5 40. 5 41. I 38.5 40.6 37.6

38.8 39.1

96.72 105. 37 117. Ol

79.60

81.34 100. 85 116.92

105. 73 112.61 98.49

126. 10 100.61 78.60

·10. 4 40. 4

2. 9 41.0 41.1 3.0

41.5 39.5 40.9 41. I 39.7 38.0

41.1 41.3 40.1\

42. g 44.3 42.3 41.2 31l.li

39. (\ 39.4

2. 8 41.2 38.9 40 .. I 31i. 3 42. fi

38.2 41.4 41.6 41.3 40.9 31i, 8

40.9 41.0 31\.0 42.2

31i.3 3!). 2 39.6 35.6

42.1 41.2 40.9 41.2 38.4 40.6 37.5

38.7 38.7

97.36 101\.19 118.69 79.00

80.16 100.28 117. 91

105.63 112.75 98.66

128.27 101.76 78.01

I 704 1\Xl t-i~3 i _

1, t:o. 6 /' 7 -t. o ,, 7 -t n

96.9 115.0 87.6

'9ll. 3 '112. I

.S.'l. 7

40.5 40. 1 40.3 40.2

2. 9 2. 5 41.2 '40. 7 41.1 r 40. 7 3.1 2. 6

42.0 :l9. 2 41.2 40.1 40.4 38.9

41.2 41.7 40.8

4:J.I 44. 5 42.3 41.2 09. 7

39.7 39.6

2. 7 41. I 40. I 40.5 ~16. 0 42.9

:18.6 41.7 41.5 41.4 41.2 37.6

40.9 40.9 38.2 42.6

04.8 33.4 86.4 35.1

42.2 41.5 39.9 41.5 38.9 40.8 38.2

38.4 38.7

98.42 107.53 120.96 78.01

81.58 97.84

J20. 39

r -!1. n ~ 3H. 2 ' 10. 1

39.8 40. 4 39.3

·II. 0 41. 6 40.3

'42. 0 4~ .. \

r ·12.0 r 40. t)

'39. 2

• 39.2 '39. 4

2. 4 40. R

'38. 5 39. ~

r 3.:-l. ,) '42. 3

r 37.9 41.3

'41. 6 41.8

'40. 7 3i. 7

'41. 0 '40. 9 '39. 0 r 4!. 7

r 3.5. --f ' 34.4 '38. I '35. 2

'41. 6 r 40.7

39.5 41.1

'38 .. 5 40.4 37.6

'38. 5 '38. 4

97.44 •10.5.82 ' 120.64 '76. 83

'78. 60 97. 11

120.80

83. 4 i '112.0

8.5. 5 ' 113. I

40.0 40. I 40. 3 40. 3 r 2. 5 '2. n 40. 7 40.' 41.0 i 41.0

T 2. f) 2.;

'41. G r 39.2 '40. 2 '39. 9 '40. 5

3\1.4

'40. 7 41.6

• 40. 2

41.8 42.2 41.8

• 40.8 39. 4

39.1 39.4 '2. 5 40. I

r :~fi. 1 40.0

'36. 2 r 42. 2

'38. 0 '41. 2 '411. 5

40.6 '40. 6 '37. a

41. 4 39.0 39.9 40. ,5 40. 7

·10. )i 41. I' 40.2

41.8

40. (I 39.5

39.3 39.7

2 .. 11 40.3 3f>. 4 411. I 3fi. ;'! 42. 4

:18.2 41.3 40. 7

40.5 37.0

41.0 :-------· -11. 2 39.2

:: ~ 1::::::: 33. 7 !::::::: 36.9 34. 5 i-------41.8 40.8

f

39.9 .-------41.0 [ ______ _ 38.4 , ______ _

!~: ~ 1:~~~~~~~ 38. I -------

97.20 106.23 120.64

'76. 83

T 78,79 '97. 36 121.91

! 97. 84

106.49 120.06

76. 44

78.20 99. ?3

122.91

106. 30 105. 78 105.01 114.26 '113.98 114. 40 99.96 97.93 '98. 49

105. 26 11.5. 37 98.49

J29. 73 'IU.74 J02. 18 ' 100.28 SO.J9 '79.58

124. 15 lOLlS

'79.98

124.15 101.84 80.19

ci'Effective with Mar. 1962 SURVEY, index is shown on new base period. tSee corresponding note, bottom p. S-13. <;!Includes data for industries not showt

separately. §Except eating and drinking places.

April l!J63 SUHVEY OF CUHRE~T BU~IXESS S-15

~~-~· - ~ ~ Unless otherwise stated, statistics through 1960 ----,-----,---,----,-----;------,--·-,-------c-----

and descriptive notes are shown in the 1961 M tt 1 I I I I I I I I -~--~ - I I _e_d_it_i_o_n_o_r_s_u_s_I_N_E_s_s_s_T_A_T_Is_T_Ic_s ____ __, __ ·a_~_~_ra_~_e' _ _. __ _,___F_e_b_.__,_M_ar_.__c_A_p_r. May June July Aug. Sept. Ort .. _,0 ,-. Dec. Jan. Feb. Mar.•

EMPLOYMENT AND POPULATION-Continued HOURS AND EARNINGS-Continued I

I A vrrngP wf'rlcly vross ('arning-s ppr workrr on pay-wlls of nonagricultural I?Stah.t-Cont:inued I

All manufacturing e~tah.t-Contlnued 1'\ondurable ~~oods industriPs ___________ dollars __ 82.92 86. J.o 84.28 s.o. 32 85.54

Food end kindred produrte ____________ do ____ 89.16 92. 2fi 90.00 90. 4.o 91.13 'roharco mnnufnetnres _________________ do ____ 69.03 72.00 68.82 72. 01 74.10 TPxt.ilr mill protlti<'ts __________________ do ___ 65.04 68.21 61\. s:1 fiR. 51 f>8. 38 Apparel and related products __________ do ___ 57.70 00. 1)2 !)9. D!l 1\1. 4!1 60. \)f>

Paper and allied products ______________ do ____ 99.45 102.67 1011.01 101. 1.) Jlll.IO Printing, puhlishing, and alllcd lnd ____ do ____ 10.o. 05 108.01 lllf>. (i8 107.-12 107.90 ('hcmirals and allied products. .. _______ do ____ 106.81 109. !18 108. 47 108.115 108.84 Petroleum refining and related in d ...... do ____ 124.42 121\.88 123.112 12:J. 32 l~!l. !)!) Rubber and misc. plastic products _____ do ____ 90.72 1011.86 ~)i. 2X 98.25 ~19. 63 T.rather and leather products ... _______ do ____ 62.83 G4. 84 61.\18 6.0. :lli 00.81

Nonmanufneturing- Pstablishments:t Mining\' ________________________________ do ____ 107.18 110. 70 110.30 110. 84 111\. 70 Meta! mining __________________________ do. ___ 113. 44 117. 8fi 117 .. 1\) 118. 2\) 11H. 01 Coal mining _____ ----------------- _____ Oo ____ 111.34 JI:l.lJ!l 1Jfi. 04 117. fi9 !Ill. 12 Crude petroleum and natural gas ______ do ____ 10.1. 7[) 10\1.20 lOR. 5:! lOR .. 12 10\1.20

Con trn.rt Ponstruction ______ -------------_do ____ 117.71 121. 7:l JJ:l. :J7 us. or, 120. OJ 0Pneral huildinv rontrartors ____________ do ____ 108.83 112.50 !Of>. 30 109. fdi ll2.111 Hen vy constrnetion ____________________ do ____ 118. 48 120. \1!1 10\I.Hi 114.:l'i 11fJ. 3:J SpC'rinl trade rontrnetor~-- _____________ Qo ____ 123.08 128. 14 119. :J7 123. \lll 12f>. :{4

Transportation and puhlir utilities: T,oral nnd suhmhnn transport.at.ion_. ___ do ____ 98.24 100.30 9\1.22 99.30 1110. 11 Motor freight transportation and storage.do ___ 108.16 J12. 88 109.47 110. 711 112.116 'frlrphonr Pommuniration _____________ Oo ____ 93.38 98.80 9fJ. 14 \lS. 89 95. ()5 ElN•triC', vns, nncl sanitn.ry SC'rvires _____ cto ____ 112. 48 !Hi. 85 114. 65 ll5. 31 11.1. lfl

Wholcs'lh' and rPtail trade ________________ do ____ 72.94 7.o. OS 73.92 74. 50 74.:H Wholesnlc tmde __ ----------------------do ____ 93.56 96. 1)3 91.30 95.18 9.o. s2 Retail trade§ ___ --------- _______________ do. __ 6-l. 01 66.33 65.22 6!i. 39 65.42

Finanf'<', in~unmcl?, and real estate: nan king ________________ . ______________ do ____ 69.19 71.80 71.23 71. G2 71.62 In::;nranrf' rarrirrs ______________________ do ____ 89.83 93.53 92.60 92.62 93.20

8<'rvief's anrl miscdlaneous: TTotrle. tourist courts, and motels ______ do ____ 45.54 46.53 46.41 46.53 46.29 l .. amHlriPs, clNming- and dyring plants __ do ____ 49.28 50.57 48.64 49. 41 .10. 83

\ V(\ffU!e hourly gross earnings pf'r work {If on pay-rolls of nonagricultural Pstahlisllment~ :t

2. 39 2. 38 All manufacturing estnhlishmentst ______ dollars __ 2.32 2.38 2. 39 Exelucling overtimed' __________________ do ____ 2. 25 2.31 2. 31 2. 31 2.31

Dural,lr g0ods industrirs _________________ do ____ 2. 49 2. 57 2.5.1 2. 56 2. 56 Exduding overtimcd' ---------------_do ____ 2. 42 2. 48 2. 47 2. 48 2. 48

Ordnancr anrl acrrssorirs _______________ do ____ 2. 78 2. 83 2. 82 2. 82 2. 84 Lumber and wood products ____________ do ____ 1. 95 1. 98 1. 94 1. 93 I. 97 Furniturp and fivtnrC's. ________________ do ____ 1. 91 1.95 1.9;) 1. 94 1.94 Stone, rlny, and glass produets _________ do ____ 2.34 2. 41 2. 37 2. 38 2. 40 Primary metal industries _______________ do ____ 2. 91 2. 98 3. 01 3. 01 3. 01

TI!aet fnrnnres, steel and rollin~ mllls_do ____ 3.20 3. 29 3. 33 3. 33 3.32

l<'ahricated metal products _____________ do ____ 2. 49 ~-55 2. 5:l 2. 53 2. 54 Machinery ___________ -----------------do ____ 2. 62 2. 70 2. 68 2. 69 2. 70 Electrical c~uipment and suppl!es _____ do ____ 2. 35 2. 40 2. 38 2. 38 2. 40 Transportatwn e(Juipment9 ___________ flo ____ 2.81 2. 91 2. 86 2.86 2. 87

Motor vehicles nnd E>qnipment _______ cto ____ 2. 87 2. 99 2. 91 2. 91 2. 94 Aircraft anci parts ____________________ do ____ 2. 78 2. 87 2. S:l 2. 8:J 2. 84

Instrnments and related products ______ do ____ 2. 39 2. 45 2. 44 2. 13 2. 44 Misrellant'ons mfg. indnstrics .. --------do ____ 1.92 1. 07 l. 98 l. 97 I. \)7

Nonrlnrahle goo<ls industries _____________ do ____ 2. 11 2. 17 2. l!i 2. 16 2.16 Excluding overtimed' ----------------do ____ 2.05 2. Ill 2. OH 2. Oil 2.09

Foo<l and klu•lrcd products ____________ do ____ 2.18 2. 25 2. 25 2. z.o 2. 25 'f'ohacro manufactures ___ --------------do ____ l. 77 1.87 1. 84 I. 91 l. 95 Textile mill pro<hwts ___________________ do ____ 1.63 1. 68 1. 65 1. 68 I. 68 AppnrPianfl rchlted products __________ cto ____ l. 63 I. 67 1.67 1. f)~ l. 67 Paper and allied product.s _____________ _do ____ 2.34 2. 41 2. 37 2.38 2.39

Printing, puhlishing, and allied ind ____ do ____ 2. 75 2. 82 2. 80 2. 79 2.81 Chemicals and allied prodncts __________ do ____ 2.58 2.65 2. 62 2. 61 2. 61 Petroleum refining nnd related ind _____ do ____ 3.02 3. 05 3. o:J 3. 03 3.04

Petroleum refin lng ___________________ do ____ 3.16 3.18 3.16 3.15 3.17 Rubber and misc. plastic products _____ do ____ 2.40 2. 46 2. 42 2. 42 2. 43 I~enthcr and leather products ___________ do ____ l. 68 1. 72 1.71 l. 72 l. 72

Nonmanufacturing establishments:t 2. 70 Mining\! ________________________________ do ____ 2. 64 2. 71 2. 71 2. 70

Meta! mining _______________ -------- __ .do ____ 2. 74 2. 84 2.82 2. 83 2. s:l Coal mining __________________________ -.do, ___ 3.11 a 3. 11 3.11 3.13 3.13 Crude petroleum and natural gas _______ do ____ 2. 53 2. 60 2. 59 2. 59 2. 60

Contract construction ____________________ do .. __ 3.19 3. 29 3. 23 3. 27 3. 27 General building contractors ___________ do ____ 3.04 3.16 3. 09 3.13 3. 14 Heavy constrnction ____________________ dQ ____ 2. 94 2. 98 2. 85 2. 91 2. 96 Special trade contractors---------------dO---- 3.40 3. 53 3. 47 3. 49 3. 49

Transportation and public utilities: Local and suburban transportation _____ do ____ 2.29 2.31i 2. 34 2. 32 2.35 Motor freight transportation and storage.do ____ 2. 60 2. 72 2. 67 2. 70 2. 72 'T'elephonr communication _____________ do ____ 2. 37 2. 47 2. 44 2. 44 2. 44 Eiectrie, gas aud sanitary services ______ do ____ 2. 75 2. 85 2. 81 2.82 2. 83

Wholesale and retail trade _______________ _do ____ 1.88 1.94 1. 92 1. 93 I. 9:J Wholesale trade _______ -------- ________ _do ____ 2.31 2.38 2. 34 2. 35 2.36 Retail trade§ __________________________ _do ____ 1.68 I. 75

Services and miscf'11aneom~: 1. 73 l. 73 I. 74

Hotels, tourist courts, and motels ______ do ____ 1.15 1.19 I. 19 L 19 1.19 Laundries, cleaning and dyeing plants __ do ____ 1.27 1.30 l. 28 I. 28 l. 29

'Revised. • Preliminary. a Average for 11 months. §Except eatinl( and drinking places. tSce corresponding note, bottom p. S-13. \1 Includes data for industries not shown separately. d'Deri,·ed by assuming that overtime hours are paid at the rate of time and one-half.

I

86.37 87.02 86.80 86.18 86.80 85.72 8fi. 72 86.94 '86. 24 86.02 86.85 92.48 92.70 93.66 91. 46 92.80 91.21 !J3 .. o2 94.12 93.15 92.63 93.50 75. H5 76.03 73. 2q 68.04 70.72 68.17 72.35 75.39 '73. 15 r 69.67 71.34 6\). 12 69. 4fi C.8. 21 68.21 67.M 68.45 1\8.4.1 H8. 4.5 67.26 68.00 68. 17 no. 59 61.0\1 fill. 76 62.16 (il. 32 59. 9.) no. 02 60.12 '59. 64 r tlO. 82 61. uu

101.34 102.96 103.5K 103.82 104.49 103. 2~ 103. 2~ 104.68 '103. 64 •102. 97 103. so 107. \)() 107. ft2 107. :)4 !OS. 29 109.1\2 107. B2 10~.49 10\l. 24 •106. 88 •108. 30 109. 2.o 1119. 52 111. 19 110.81 110. 12 110.81 110.95 111.37 112.17 111.10 •110. 83 Ill. Hi 126.05 1:!7. G~ 129.44 126.35 131.09 127. 19 127. il 126.99 '130. f>2 •125. ,)5 128.61 101.19 104. 58 101.84 10!.02 101. 76 101.02 101. o4 JQ:J. 00 •101. 34 '100. 69 100.44 63.98 65.88 65. 84 65 53 64.36 62. fl3 (i4. 03 65.05 65.60 • 64.\10 ()5. 12

109.61 111.10 110.02 lll. uo 112. 88 111. 78 110.43 112. 07 '112. 34 112. 75 119. 28 118. 86 11">.88 Ilfl 00 118. 12 116. 16 llti. 44 116. ,)/ •116. 16 117. 83 10'<. 15 115.69 102.30 11-3. 15 113.62 114. 39 Ill. 24 119 .. 57 •121. 29 123.09 10". 52 107. 74 110. 8:) 109 . .16 110.99 109.20 100.30 112. 04 '110. 51 110.09

I !2:J. 44 121.45 125. !'l7 127 26 12S. 21 121i. 82 I 114. 14 111.91 11.o.n 116.92 117.81 ll7. 12 '

120. R8 117. 97 ·120. OJ 117.1i3 113.34 108. 5!i •Ill. 11 109. 53

124.07 122.13 127.67 1:JO. 50 129.38 127. 20 117. 61 109.20 •113. 54 Jog. 49 12\l. 46 127.72 J:ll. 65 ta2. 38 134. 23 133. Iii 127.45 127.41 '128.13 125.24

100. 58 101.48 100.49 101. Ill 100.20 100.38 100.62 100.86 '99. 42 101. IIi 112.61 114.39 114.81 Il5. 35 ll.o. 78 11:3.30 113.30 114. 54 •111. 52 11:J. 83 96.14 U7. 66 99.54 99.29 102. 31 102.06 103.07 10I.:l5 '99. 94 101.35

115. 46 115. 87 117.14 116.85 118.94 ll8. 78 119.48 121.18 119. 60 119.31

74.88 75.86 76.44 76.44 76.05 75. 46 7fi.65 75.47 r 76.23 7f>.03 96.22 96.87 97.10 96.87 98.09 97. o:J 97.44 98.74 • 97.36 97. 53 65.98 66.85 67.38 67.55 66.88 66.55 66.38 66.85 67.30 66.93

71. so 71.42 72.56 7l. 80 71.97 72. 54 93.25 93.21 94.89 94.35 93. 76 94.07

72.72 73.30 '74. 23 74.03 94.26 94.60 '95. 41 94.84

46.77 47. 64 45.94 45.89 46.05 47.72 51.87 51.35 .oo. 70 50.83 50.83 ->0.83

47.99 47.62 '47. 36 47. 23 50.70 51.08 '50. 69 50.29

2. 39 2. 39 2. 40 ' 2. 39 2. 37 2. 40 2. 31 2.31 2.31 2.29 2. 31 2. 32 i 2. 56 2. 56 2. 56 2. 54 2. 57 2. 57

2. 41 2.43 2. 43 2. 43 2. 44 2.33 2. 35 2. 36 '2.3ti J. 36 2. 59 2.61 2.60 r 2. 61 J. 61

2. 47 2.47 2. 47 2. 46 2.48 2. 48 2.50 2.52 2. 52 '2. 53 ~- 5:3

2. H3 2. 83 2. 83 2. 82 2. 84 2. 84 2.86 2.88 • 2. 90 2. 90 ~- 90 I. 97 1.99 1.99 2. 00 2. 01 1. 99 2. 00 1.99 '1. 96 1.9() 1. ~6 1.94 1. 95 l. 94 1. 95 I. 96 l. 9fi 2. 40 2. 42 2.42 2.43 2. 44 2. 43

1. 9() 1.98 1.96 1.96 1. 96 2. 44 2. 44 2. 44 2. 44 2. 45

2. 97 2. 97 2.96 2.95 2. 97 2. 96 3. 27 3. 28 3. 28 3.26 3. 28 3. 27

2. 97 2.98 2. 99 '3. 01 3. 02 3. 28 3. 28 3.30 3. 32

2. 56 2. 56 2. 55 2. 55 2. 57 2. 56 2.57 2. 58 2. 58 2. 58 ~-58 2. 71 2. 71 2. 70 2. 70 2. 7l 2. 72 2. 40 2. 40 2.40 2.40 2.42 2. 42 2. R9 2.89 2. 91 2. 90 2. 95 2. 96

2. 73 2. 74 2. 74 2. 75 2. 76 2.43 2. 45 2. 43 '2. 45 2. 45 2. 99 3.01 2. 97 2. 97 2. 97

2. 97 2.95 2.98 2. 97 3.04 3. 04 2. 84 2. b5 2. 86 2. 87 2. 88 2. 91 2. 44 2. 45 2. 44 2.44 2. 46 2. 46

3.10 3.11 3. 05 3. 03 2.91 2.9a r 2. 92 2. 93 2. 47 2. 48 2. 47 2. 48 2. 49

1. 97 l. 97 I. 96 I. 95 I. 96 l 97 L 97 2.02 2. 03 '2. 03 2. 03

2.17 2.17 2.17 2.16 2.17 2.17 2. 09 2.10 2.10 2.09 2.10 2.10 2. 25 2.25 2. 23 2.22 2. 22 2.23 1. 97 l. 98 I. 97 1. RO I. 70 l. 70 I. 69 l. 69 1. es 1.6S l. 68 1. fi9 1.66 Loll 1. 66 I. 68 1. 68 l. 67 2.39 2. 40 2.42 2. 42 2. 43 2. 43

2.19 2.19 2. 20 2. 20 2. 21 2.11 2.12 2.14 2. l:l 2. 14 2.27 2.29 2.30 2.31 :l. 32 1. 86 1.88 1. 90 '1. 93 1. 96 l. 69 1.69 1. ()9 1. 70 1. 70 1. 67 1. 67 1. 68 1. 68 1. 69 2.43 2.44 '2. 45 2. 44 2. 45

2. 81 2. 81 2. 81 2.82 2. 84 2. 8:1 2. 62 2. 66 2. 67 2. 66 2. 67 2.68 3.03 3. 04 3.06 3.03 3. 07 3. 05 3.17 3.18 3. 21 3.17 3.22 3.20 2. 45 2. 49 2.49 2.47 2. 47 2. 47 I. 72 l. 72 I. 71 1. 72 l. 73 L 73

2.84 2. S3 '2. 82 2. 85 2.86 2.69 2. 69 2.69 2. m~ 2. 69 3.07 3.06 • 3.14 • 3.10 3.16 3.21 3.20 3.29 3. 24 2.49 2.50 '2. 49 2. 48 2. 48 L i4 L 73 1. 74 '1. 74 !. 76

2. 6S 2. 69 2. 69 2. 69 2. 72 2. 70 2. 70 2. i4 2. 74 2. 75 2. 84 2. 83 2.83 2. 85 2. 86 2.84 2. 84 2. 85 '2. 84 2. 86 3. 09 3.11 -------- 3.10 3.13 3.10 3.09 3.13 3.11 3. 14 2. 59 2. 59 2. 62 2. 59 2. 63 2. 60 2.59 2.63 '2. 65 2. 64 3. 24 3.23 3. 27 3. 2S 3. 33 3.32 3.33 3. 39 3. 39 3. 39 3. 11 3.10 3.15 3.16 3. 21 3.20 3.22 3. 25 3. 23 3. 25 2. 94 2. 95 2.99 3.00 3.03 3. 00 2. 97 3.00 '2. 98 2. 94 3, 48 3. 48 3. 52 3.53 3. 57 3. 57 3.58 3. 63 3. 64 3. 63

2. 35 2.36 2. 37 2. 36 2. 38 2.39 2.39 2. 39 2. 39 2. 42 2. 72 2. 73 2. 74 2. 74 2. 75 2. 73 2. 75 2. 76 '2. 74 2. 79 2. 44 2. 46 2. 47 2. 47 2. 52 2 .. )2 2.52 2.54 '2. 53 2. 54 2. 83 2. 84 2. 85 2.85 2. 88 2.89 2.90 2. 92 2. 91 2.91

1.94 1.95 I. 95 1. 95 1.96 L 96 l. 97 1.94 1. 98 1. 98 2.37 2.38 2.38 2.38 2.41 2.39 2. 40 2.42 '2. 41 2. 42 l. 75 1. 75 1. 75 1. 75 1. 76 1.77 I. 77 l. 75 1. 79 1. 78

1.19 1.20 1.16 1.15 L 19 I. 23 1.24 1.24 1.23 1.23 1.30 I. 30 1.29 1.30 1. 30 I. 30 I. 31 1. 32 1. 32 1. 32

NOTE FOR IIELP-WANTED ADVERTISING INDEX, p, S-16. New series from National Indnstrial Conference Board and B. K. Davis & Bro. Advertising Service. The index is based on the number of help-wanted ads published in one leading newspaper in each of 33 cities located throughout the country, representing the larger metropolitan areas.

S-16 SURVEY OF CURRENT BUSINESS April l!lfi~

1962 1963 UnJess otherwise stated, statistics through 1960 I

and descriptive notes are shown in the 1961 edition of BUSINESS STATISTICS

1961 I 1962 I Monthly average Feb. I Mar. I Apr. I May I Jurw I July I Aug. I Sept. Oct. I ~o•. I D~ I >~ I Feb. I :\Iar.

El\IPLOY"'IENT AND POPULATION-Continued

HOURS AND EARNING8-Continued

:\liscellaneous wages: Construction wages (ENR): §

Common lahor. _______________________ $ per hr __ Rkillerllahor _____________________________ do ___ _

Farm, without hoard or rm., 1st of nlo _____ do ___ _ Railroad wagE'S (average, class l) ___________ do ___ _ Road-buildin~, corn. labor (qtrly.) _________ do ___ _

LABOR CONDITIONS

2.827 4.190 I. 99

2. 675 I 2. J4

2. 944 4. 34f\ 11.01

I 2.31

Help-wanted adYertising, seas. adj. Ell ••.• 1957=100.. 85.9 100. I Lahor turnover It! manufacturing estab.: t

Accession rate, totaL.mo. rate per 100 employees._ 4.1 4. 0

N~:,a~1:Sl!~a-~j-t~~~~~:::=::::::::::::::::~~:::: ----2~2- ----2: f,-Separation rate, totaL _____________________ do____ 4. 0 4.1

~~r~~~~~~~;=~~~~~~~;:::::::::::::::::J~:::: ---Tr -·--n Industrial disputes (strikes and lockouts):

Beginning in month: 2~ 1 • 296 Work stoppages. ___ ------------------numher __

·workers involved _______________________ thous__ 121 • 104 In effect during month:

~~~~~~;oh)~6J~'ect_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_·_~~fu~~~== :::::::: :::::::: Man-days Idle during month _____________ do____ 1, 360 •1, 600

EMPLOYMENT SERVICE AND UNEMPLOY-MENTINSURANCE

Nonfarm placements ________________________ thous .. 492 560

2. 889 2. 897 4. 273 4. 283

2. 729 2. 678

105.9

3. 5 -1.1 2.0 3. 4 3. \1 1.1 1.7

225 67

330 100 808

421\

106.3

3. 7 4. 3 2. 2 :l.6 3. 8 1.2 1.6

260 98

350 136

1, 180

511

2. 901 4. 283 I. 07

2. fi88 2. 25

106.1

4. 0 4. 4 2. 4 3. 6 3. 7 1.3 1.6

320 125

460 155

1,240

577 Unemployment insurance programs:

Insured unemployment, all programs ..••.. do ____ 2 2, 4-~1 2 I, 924 '2, 579 '2, 374 'I, 968 State programs:

Initial claims ___________________________ do____ I, Mo 1, 309 I, 286 I, 171 1, 147 Insnrerl unemployment, weekly avg ___ do ____ 2,290 I, 783 2, 415 2,21S l,S31

Percent of covered employment:o" Unadjusterl_______________________________ 5. 6 4. 4 Reasonallv adjusted _______________________ -------- --------

Beneficiaries,'weekly average __________ thons__ 2, 004 I, ii2,, Benefits pairl __________________________ miL $__ 285.2 223.0

Federal employees, insured unemployment thous __ 33

Veterans' pro~ram (UCX): Initial claims ___________________________ do____ 28 Insured unemployment, weekly avg ___ do____ 67 Beneficiaries, weeklyaverage __________ do____ 65 Benefits paid __________________________ miL$.. 9. 0

Railroad program: Applications __________________________ t110ns. _ 23 Insnmrl unemployment, weekly avg ___ do____ 91 Benefits pald __________________________ miL $.. 16.8

29

2S 50 47

6. 6

17 62

1L I

6.0 4. 5

2,127 287.2

36

21 49 49

6.1

7 so

13.7

5. 5 4. 4

2,07:l 310.2

34

26 49 47

6. 5

5 74

14.8

4. 5 3. 9

1.688 239.6

29

25 45 45

6.0

4 64

11.8

2.933 2.941 4. 316 ·l. 321

2. 66.o 2. 719

106.0

4. 3 4.3 2. 8 3. 8 4. I 1.5 1.6

440 195

625 240

2,650

656

9S. 5

.o. () 3. 9 3. 4 3. 8 4. 3 l,[i

1.6

410 155

1);)0

300 2, ~80

605

2. 9.57 4. 3.i6 1.06

2. 746 2. 33

97.9

4. :i 4. I 2. fl 4. 4 4. () 1.1 2. 2

3.oo 90

·'~·' 189

2, 040

580

2. 981 2. 981 4. 395 4. 408

2. 739 2. 786

97.0

5. I 4. 0 3. 2 fi.2 4. 8 2.1 2. 3

33:> 120

fi70 18fl

1, 950

92.8

4. 9 3.8 3. I .0.0 4. I 2. 4 1.9

350 95

.o80 170

1, .o90

652

2. 987 4. 417

. 9S

2.39

96.8

3 g 4.0 2. 5 4. 3 3. 8 1.5 2. 2

275 110

500 168

I, 440

643

'1, 686 ' I, 577 '1. 666 z 1. 598 ' 1. 473 'I. .>24

I, 133 1,570

3.9 3. s

I. 3K\l 210.0

26

22 40 39

5. 7

4 52

9.1

l,OS3 I, 4f>9

3. 6 4.0

I, 3ll 1~8. g

24

~5 40 39

5. 4

7 44

7. 8

1.39.1 1.54:l

3. 8 4. 3

1, 264 187.0

26

30 46 40

5. 7

65 52

7. 3

I, 197 I, 469

3. fi 4. 4

1. 2.117 197.4

26

39 .o2 46

6.9

22 50

10. 1

9fif) 1, 331

3. 3 4. 4

1.174 160.6

27 52 50

6. 5

32 65

10. I

1. 2()7 I, 385

3. 4 4. 6

I. 132 176.6

31 .52 47

7.0

~~I 11.1 1

2. 992 2. 992 4. 423 4. 426

P D5. fJ

3.0 3. fl 1.8 4. 0 3. 9 1.1 2.3

215 80

430 125

1,000

p 95.2

2.4 3. 5 1.2 3. 8 3. 9

. 8 2. 5

105 50

265 !50

I, 400

533 434

21,772 2 2, 223

I. 353 I, 747 1,625 2.063

4.0 .1.1 4.8 4. 8

I. 296 I. 502 193.6 214.2

29 31

29 31 57 65 51 .56

7.3 7. 7

16 12 61 62

10.4 10.4

3. 011 4. 447

I. 13

3.011 3.014 4. 4.\2 ' 4. 10-!

'1.11

2. 29 --------

p 97. ;)

'3. 6 '3. 9

1.9 '3. 9 '3. 9

1.1 .. 2. 2

230 75

360 185

2,340

p 100. ,o

p 3. 2 p 3. 8 •1.8 p 3. 2 p 3. 7 •LO PJ.Q

200 60

320 120

I. 100

459 423

2. 778 2, 726

2,102 I. 30~ 2, 591 2. 546

fl. 3 6. 2 4. 8 4. 7

2.174 2,256 342.4 313.3

37 38

39 27 77 77 73 77

11. 1 10.0

i~ ,-----64·]:::::::: 13.7 --------~--------

FINANCE

BANKING

Open market paper outstanding, end of mo.: Bankers' acceptances. __ ------------- _____ miL$ __ Commercial and finance co. paper, totalt ... do ___ _

Placed through rlea1erst_ _________________ (]o ___ _ Plarerl rllrect1y (finance paocr)t __________ rlo ___ _

3 2, 68313 2, 6.50 3 4, 686 3 5, 988 3J, 711 '2.0S8 32,975 33,900

Agricultural loans and discounts outstanding of agencies supervised by the Farm Credit Adrn.:

Total, end of mo __________________________ miL $ .. 3 5, 27i 3 5, 753 Farm mortgagP. loans:

Federal land hanks ____________________ do ___ _ 3 2, 828 3 3, 052 Loans to cooperatlves.-------------------do ___ _ 3 697 '735 Other loans and dlscounts ________________ do ___ _ a I, 752 3 I, 966

Bank debits: Unadjusted:

Total (344 centersl-----------------------biL $__ 2.19. 3 New York City ________________________ do.... 106. 6 6 other leading centers, _______________ .do.... .51. 9

Seasonally adjusted :• Toto! (344 centersl-----------------------do ____ --------

New York CitY------------------------do ____ --------

286.4 11S. 0 58.5

6 other leading oenters1----------------rlo .... -------- --------337 other centers------------------------do .•.. -------- --------

2,559 5,520 1, 762 3, 758

5, 411

2, 868 730

1, 812

239.4 94.3 49.0

263.0 103.3 54.4

105.4

2, 498 5, 713 I, 87f> 3,837

5, 502

2, 899 728

I, 875

293.2 124. 7 59.7

283.5 liS. I 57.5

107.9

2,392 5,640 1,883 3, 757

5,594

2, 922 719

I, 953

281.5 117.2 58.0

288.5 118. I 59. I

111.3

2, 345 5, 917 I, 869 4,048

5, 678

2, 948 694

2,037

295.4 122.1 59.8

287.0 119. I 57.6

110.3

2,342 5, Rl\4 L87R 3,986

5, 770

2, 968 692

2,109

291.8 121.9 59.4

282.4 115. 7 57.9

108.8

2, 3061 6,169 2, 002 4,167

5, 841

2, 9R6 704

2, 150

279.7 111.4 57.5

285.7 114.4 59.0

112.2

2, 277 6, .07.> 2,119 4, 456

5, 833

3, 003 680

2, 150

281.0 110. s 57.5

283.9 11.>. 8 57.4

110.7

2, 281 6, .'>73 2, 228 4. 345

5, 814

3,021 6\JO

2,103

263.3 109.7 53.4

286. f> 120.9

58. I 107.6

2, ~671 '6, 979

2, 417 r 4,.'562

5, 762

3,031 738

1, 993

307.4 127./i 62.8

297.9 124. 5 61.0

112.4

2, 476 7. 082 2, 501 4, 581

5, 719

3,037 746

I, 936

288.2 116.5 59.4

296.4 122.2 61.1

113. I

2,6.'>0 fi, 98R 2. 088 3. 900

.5, 7,,3

3,052 735

I, 966

320 9 141.6 63.7

306.4 134.2 ll0.9

111.3

2, 593 6, 767 2. 091 4, 676

5,835

3, 069 777

I, 989

325.9 137.2 66.3

307. I 128. I 62.8

116.3

2. 5fi5 6. 9tH 2,193 4, 771

5, 926

3, 089 775

2,0112

274. 5 116.6 55.2

301.5 127.7 61.2

112.7

Federal Reserve banks, condition, end of mo.: Assets,total<;> ____________________________ miL$ .. 354,329 356,020 52,547 51,932 52,739 52,65! 53,390 5~.903 02,870 53,.590 53,912 53,940 M.020 53,872 54,614 53,935

Reserve bank credit outstanding, total 'i' .do .... 331.362 3 33, 39~~ 29, 928 30, 224 3 0, 641 30, 705 31.2f>l 7()

29,61>3 16, 15t:

31,040 7:1

:!9, 7))1) 15,871

31,618 31,690 31.6~-0 ~HI

30,201 15, 692

32,448 71

30,454 15,706

33,902 31,959 32. 60S 209

30,536 1.5, 595

32,585 201 Discounts anrl advances ________________ do____ 3 130 139 115 120 131 101 48 :J8 87

U.S. Government securities------------do ____ '28, 881 330,820 Gold certificate reserves __________________ do ____ 3 lll, 615 315,696

28,360 29,061 29.182 29,622 16,530 16,336 16,222 IG,I58

30, 3f8 29, R2'> 15, 817 IS, 79fl

30. 820 30, 289 15. 696 Lo, fif>O

30. 96:; 15,606

Liabilities, total<;> --------------------------do ____ ·1 .54, 329 356,020 52, 547 51, 932 52, 739 52,654 53,396 52, nos 52, 879 53, f9fi 53, 912 53, 940 56.020 .53, 872 54. 614 5:1. 935

Deposits, t0tal <;> __ -----------------------do ____ 3 18,4.51 318,722 Member-bank reserv3 balances _________ do ____ 3 17,387 317, 154

Federal Reserve notes In clrculatlon ....•. do .... 129,305 330,643

Ratio of gold certificate reserves to deposit and FR note liabilities combined ..•••..•.. percent.. 3 34. 8 3 31.8

17,850 17,952 18,207 16, sos 16,972 17' 03.'> 28, 483 28,474 2S, 537

35.7 35.2 34.7

'Revised. v Preliminary. 1 Quarterly average. a As of Apr, I, 1963. 2 Excludes persons under Temporary Extended Compensation program (ended 6/30/62)

and under extended duration provisions (tl10us.): 1962-Feb., 333 and 2, respectively; Mar., 322; 6; Apr., 230; 18; May, 121: 33; June, 53, 37; July, 2; 32; Aug. (ext. dur. prov.), 30; Sept., 24; Oct., 15; Nov., 8; Dec., 3; 1963-Jan.f 1; Feb., 2. 3 End of year.

Ell See note, bottom p, S-15. See corresponding note, bottom p, S-13, §Wages as of Apr. 1,1963: Comm0n labor, $3.016; skilled labor, $4.454.

17,739 18, 44.5 16,614 17,206 28, 744 29, 021

34. 8 34. 0

17,878 16.88.\ 29,197

33.7

1~. 067 17. !10 29, 3.51

33.4

18. 2fi8 17,321 29. 3iS

33.2

17, S2.1 16,821 29, 488

33.2

17, 741 18. 722 16, 648,17,454 30, 092 30, 643

32.8 31.8

17,989 13.20.5 16,644 16,850 29, 846 29. 86~

32.7 32. 4

18, 04tl 16, 748 29,934

32. 5

*New series. Data prior to 1961 for labor turnover appear in BLS Bulletin :-lo. 1312· data prior to 19!ll for hank debits will he shown later. '

o"Insurcd unemployment as % of average covered employment in a 12-month period. t.\lonthiy re1·isions prior to May 1961 (Aug, 1959-Jnly 1960 for placed through dealers)

are availahJe upon requr-~t. ,Includes Boston, Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles. 'i' Includes data not shown separately.

April 1!}63 SURVEY OF CURRENT BUSINESS S-17

1961 1 1962 Unless otherwise stated, statistics through 1960 I

and descriptive notes are shown in the 1961 edition of BUSINESS STATISTICS End of year

1962 I 1963

Feb. I Mar. I Apr. I May I June I July ,_._-~.'_'~_.__!l_s_c_p_t.--'l~o-c_t._j_l_'-'_o_v.--.!...I_D __ e_e.--.!..._.J_an_.--'-I-F_c_h. I 'Vlar.

FINANCE-Continued BANKING-Continued

All member banks of Federal Reserve System, averages of daily figures:

Excess reserves. ---------------------------mil.$ .. Borrowings from Federal Reserve banks ___ do ___ _ Free reserve•-------------------------------do ___ _

Weekly reporting member banks of Fed. Res. System, condition, Wed. nearest end of yr. or mo.:t

Deposits: Demand, adjustedd"---------------------mil. $ __ Demand, total<;! -------------------------do ___ _

Individuals, partnerships, and corp ____ do ___ _ States and political subdivisions. ______ do ___ _ U.S. Government. _____________________ do ___ _ Domestic commercial banks ____________ do ___ _

Time, total <;I_ ---------------------------do ___ _ Individuals, partnerships, and corp.:

~~t,~~gtim.e~==========================~~==== Loans (adjusted), totald"-------------------do ___ _

Commercial and industriaL ______________ do ___ _ For purchasing or carrying securities _____ do ___ _ To nonbank financialinstitutlons ________ do ___ _ Real estate loans _________________________ do ___ _ Other loans._------------------------- ___ do ___ _

I 568 I 149 I 419

I '.172 I 304

1 r 26~

502 68

434

473 91

382

65,644 6.). 843 ~3. 104 62,229 97,958 70.118

5.002 4.033

13,415

102, 109 71,531 5, 125 4, 749

14,321

91,871 66.501

5, 234 3. 316

11,167

89,015 63,936

4,848 4,277

10,844 41,603 50, 386 43,906 45,055

30. 225 34,920 '31, 082 31, 634 5, 945 9, 221 7, 058 7, 614

74.285 32,797

4, 705 6,159

13,403 21,194

82,947 35, 351

5, 928 7. 365

15. 519 22,812

72. 88(i 32,204

4, 47R 5. 57.)

13,497 20, 573

74,030 33,014

4, 519 5, 624

13.620 20,783

Investments, totaL_ -----------------------do____ 4f>. O!l9 48. 147 46, 042 4.5, .508 U.S. Government obligations, totaL _____ do ____ 33. 9fi0 32, ;;n9 33,510 32,214

Notes and bonds _______________________ do____ 21i, Ii09 24,.114 25,641\ 25,226 Other securltles __________________________ do____ 12, 109 1.1. 778 12,532 13,294

Commercial bank credit (last Wed. of mo., except for June 30 and Dec. 31 call dates), seas. adjuster!:•

Total loans and investments0 ____________ bil. $ __ Loans0 ________ ----- ___ - -- _- __ -- _________ rlo ___ _ U.S. Government securitles ______________ do ___ _ Other securities ___ ------------------- ____ do ___ _

::\foney and interest rates:§ Bank rates on business loans:

In 19 cities ____________________________ percent.. New York City ________________________ do ___ _ 7 other northern and eastern clties ______ do ___ _ 11 southern and western citles __________ do ___ _

Discount rate, end of year or month (N.Y. F.R. Bank) __ ------------------------------Percent __

Federal intermediate credit bank loans _____ do ___ _ Federal land bank loans ____________________ do ___ _

Open market rates, New York City: Bankers' acceptances (prime, 90 daysl. .. do ___ _ Commercial paper (prime. 4-<\ months) __ do ___ _ Finance Co. paper placed directly, 3--6 mo _do ___ _ Stock Exchange callioans, going rate _____ do ___ _

209.6 121. I 64.7 23.8

2 4. 97 2 4. 7H 2 4. \JR 2 5. 2B

3. 00 3 4.00 3 5. fl2

a 2. Sl :{ 2. fli a 2.Ws .) 4. 50

Yk"!~g~tr ~i~~(r':."t~'~e~J,~ei~~~:i~~-:~~~~~:7L '}/i:~ 3-5 year issues _________________________ do ___ _

Savings deposits, balance to credit of depositors: :\. Y. State savin~·s hanks, endofyr. or mo __ mil. $. _ 22, ~.~~ U.S. postal savin.~s , _______________________ do ___ _

CONSUMER CREDITt (Short- and Intermediate-term)

227.6 134.8 63. k 29. (I

2 .1. ()() 2 4. 7H 2 .1. OJ 2 .0. :l2

3. 00 3 4. ()!) 3 ,t), 5(i

3 3.01 3 a. 2Ii 3 3. 07 3 4. 50

3 2. 77S 3 3. 57

23, !117 53\J

213.3 122.6 66. I 24.6

3.00 :;. \J9 .~.56

3. (I()

3. 22 3.01, 4. ,)()

2. 752 3. 77

22,4211 629

215.2 123.8 6fi. I 25.3

4. 98 4. 78 4. 97 5. 28

3. 00 :1. HH 5. 5f>

3.00 :l. 25 3. 02 4. 50

2. 719 3. 55

22. iOI fi20

510 69

441

63,071

93,061 65,458

5, 771 4. 744

11,297

503 63

440

61,621

89,297 63,705 5,404 5,02S

10,357

491 100 391

61, 4i2

91,391 64,022

4,829 6, 594

10,672

529 89

440

62,451 91,527 65. 116

5. 129 4. 369

11,301

45,670 46,484 47,077 47, 242

31.776 32,116 32,539 33.114 7, 860 8, 322 8, 511 8. 251

75,930 32, 937

5, 449 .'), 7fl0

13, 874 21. 422

74,647 32,85-1 4.109 1\,636

14,068 21.390

75.902 33.354 3. 958 6,039

14.268 21.543

45, 979 46, 013 46. 904 32, 069 32, 25f\ 32. 418 2.1. 825 26. 173 26. 206 13, 910 13, 757 14,486

215. (I 124. 5 64.6 25.9

3. 00 4. 02 .1. 56

3. 00 3. 20 :J.0\1 ·1. 50

2. 7H.1 3. 4~

21f\. 4 124.8

6.5. 5 26. 1

3. 00 4. ()) !l. 56

2. \)1 3. 16 2. 9n 4. 50

2. 691 3. 53

22. nnH 591

220.3 12fi. f>

6fJ. (i 27.]

!1. Ol 4. 79 5. 00 5. 33

3. (I()

4. 02 5. 50

2.\10 3. 2fi 3. 02 -:1.50

2. 71!1 3. n1

5>:1

75,732 33, 146 3, 6"4 G. 21\9

14.52.1 21.754 46, 582 31. fl~~R 25. ?80 14, 914

217.8 126. 1 64. I 27. {i

3.00 4.0,1 1\ .. 1(i

a. PI ~. ;{(j

a. 2o 4.50

:. \l4.1 3. 71

2:!. 072 57:)

566 127 439

60.638

87.901 62 •• 583

4, 622 4. 917

10,920

47,729

33,404 8, 428

7.1, 975 33,442

3, 604 6.104

14.696 21,894

4fi, 093 31,071\ 2.1, 274 !.'. 018

220.3 127.3

r..o. o 28.0

R. 00 4 07

·'· ij(i

R. 11 :l. 311 3.12 4. f10

2. g:)7 ;;, Iii

23. 087 .~()5

455 80

375

60,744

92,845 64,085 4,631 7.022

12,121

48,225

33,921 8,566

77,726 34,081 4.141\ 6,279

14,940 21,823

47. 171 :H.995 2.1, 58:l 15, 176

222.0 129. 7 64.3 28.0

4. 9\J 4. 77 5. ()() 5. 32

3. 00 4. 10 5. !\6

3. 09 3. 34 3.1:; 4. 50

2. 1n2 3. 56

23. 37f> 55B

484 65

419

r .'192 119

r 473

483 0\J

384

r 472 172

'300

63, 025 63. 007 65, 843 64, 495 62. 654 94,512 66,996 5,017 4,283

12,030

48.658

34,246 8,fi88

78.765 34,290 4, 7Ii4 f\, 144

15.203 21,981

46. 7fi8 31, 4:l2 21\,317 15, 33fi

224.4 131.7 ti4.1 28. (j

3. 00 4. 14 5. 56

3. 03 3. 27 3.04 4. 50

2. iii! 3. •n

91,839 6.1. 916 4, 938 3, 634

12.030

49,023

34.459 8, 590

78,861 34,680

4.154 6,085

15.399 21.793 41i, (ill 31.124 24. \J94 15,487

22.1. 8 1:12. :J "4.4 29. I

3. 00 4. ]!) !).t)(i

3. 00 3. 23 3. 08 4. 50

2. 803 3. 4G

23. 4.0 2:1. ()OJ 50'2 54fi

102, 109 71,531 5,125 4. 749

14,321

90, 720 66,791 5,054 2. 760

11.010

91, 5Ii2 65.834 5,329 4. 254

11,078 50,386 51,302 52.150

34, 920 3.1. 143 9, 221 9, 542

82,947 35,351

5, 928 7,365

15,510 22,812

48,147 32,369 24, M4 15, 778

227.6 134.8 63.8 29.0

5. 02 4. 78 5. 05 5. 33

3. 00 4. 14 5. 52

3. 00 a. 29 3.16 4. 50

2. 856 3. 44

2:J,Rii 5:l9

79, 4.17 34,295

4, 550 6,434

1.0. fi2f\ 22,361

47, 934 31,986 24,423 1.1, 948

22R. 8 134.9 64. 3 29.6

3. 00 4.13 5. 50

3. 07 3. 3~ 3.18 4. 50

2. 914 3. 47

23. 9H:l 531

35,426 9, 928

80,672 34,564

5,332 6, 511

15, 768 22,614

47. 672 31.446 24,092 16,226

232.2 137.0 65. 1 30.1

3. 00 4.12 5. 50

3.13 3. 25 3.13 4. 50

2. 916 3.48

24, 43Ii 522

Totaloutstan<llng,endofyearormontb ______ mil.$ __ !\7,f>7' 63.458 56.0!)3 -'li.27!\ .17,314 ,\B,318 59,108 .19.3f\4 GO,OO:l 60,126 60.62Ii 61,473 63,458 •62, 740 62.219

Installment credit, totaL __________________ do ____ 4:3.!\27 48,243 13.074 43.211 43.837 44,49.\ 45,20.3 45,1\.\0 46,201 46.310 46,722 47,274 48.243 •43,1:;0 48,025

Automobile papcr_ _______________________ do ____ 17, n:; Other consumer goods paper _____________ do____ I!, l-t~7 Repair and modernization loans. ________ rlo____ 3 lVI Personal loans-_--------------------- ____ cto__ __ 11: 2.16

By type of holder: Financial institutions, totaL ___________ oo ___ _

Commercial hanks ___________________ do ___ _ Sales financr: companies ______________ cto ___ _ Credit nnions ________________________ do ___ _ Consumer finance companies _________ do ___ _ Other _____ ------ _____ ----- __________ .do. __ _

Retail outleto, totaL ___________________ do ___ _ I lepartment stores ___________________ do ___ _ Furniture stores ____ --------------- __ do ___ _ Automobile dealers __________________ do ___ _ Other ________________________________ do ___ _

37, 93.1 17.008 11, 273 4. 330 3, 799 I, 525

.\, 595 2, 421 I, 058

342 I, 774

19,384 12, Rfi,t) 3. 290

12,714

41,807 18, !109 12,194

4, 973 4.131 I, 600

6,43G 3.013 1,073

284 2, OfJ6

17. 191 11, 4\Hi 3. 12:)

II, 26·1

37, 90 4 16, 9f7 11, :1<'1 4, 288 3. 7~3 I, 505

5,170 2. 15:1 1,018

3:1() I. 663

17,348 11.407 3 113 u: 343

:l7, 99.1 17,002 11. 282 4, :l3:J 3, 79/i 1, .122

5, 216 2. 227

098 330

1, IlOI

17,671 11.498 3,128

11, 540

38, 497 17. :JH6 11, 3.~9 4. 426 3, R26 I, .120

5, 340 2. 339

991 320

1,690

IR. 032 11, I\9R 3,169

ll. 696

39.032 17, 68() 11, 440 4. 520 :l, S36 I, 550

5, 463 2, 4:JO

991 310

1. 732

1~. 410 11.720 3. 200

11, 872

39. 6:l9 18.024 11, fi70 4. 616 3, S76 I. 553

5, 569 2. 522

98R 302

I, 757

18.680 11. 7!1-t 3, 22H

11, 990

40,062 !R, 2:lS 11. 682 4. 681 3, 907 1, 557

5. 588 2. 545

989 298

1, 756

IS, fl33 11, S24 ~. 2fi0

12. 187

40 .• 137 18.427 11, 7% 4. 783 3, 948 1, t\83

5, 667 2, 609

999 296

1, 763

18, SRI 11. Rli1 :;. 277

12,291

40.597 )8, 44:l J I. 787 4. 814 3, 9fi9 I, 584

5, 713 2, 67,,

998 299

1, 741

19, 08:l 11. osn 3, 2XH

12,364

40. 896 18,()13 11, 8(\0 4. 874 3. 974 1, 575

5, 826 2, 7:37 1, 002

298 1, 789

19.307 12, 181\ 3. :l02

12. 479

41.28.5 lt;, 7G5 11,986 4, !J28 4, 009 I, 597

5. 989 2. 835 1,019

292 1, 843

19.384 19.426

I~: ~~g ~ 1~: ~~~ 12,714 12, 735

41,807 18,909 12,194 4. 973 4,131 I, GOO

6, 436 3,013 1,073

284 2,066

'42, 317 1~. BSl

r]2, 681 4, 939 4,134 I, 582

'5, 813 '2, 478

1, 049 272

2,0H

19,[.03 12, fill a. 221

12. 7VO

42, 280 19,01\7 12, [)[)0

4, tl52 4. 13~ 1, 583

fi, 74!'i 2, 506 I, 027

2n9 1, 953

N'oninstallment. credit, totaL ______________ do____ 14, 151 15,215 13,019 13,064 13,477 13, 823 13,900 13,714 13, 799 13, 816 13,904 14, 199 15,215 '14, 610 14, 194

Single-payment loans, totaL _____________ do ___ _ Commercial hanks _____________________ do. __ _ Other financial institutions. ___________ do ___ _

Charge accounts, totaL __________________ rlo ___ _ J )epnrtment stores ____________________ do ___ _ Otlwr retail outlets _____________________ (!o ___ _ Credit cards ___________________________ do ....

Service credit_ __________________________ .do ___ _

5,136 4. 4l:l

723

5, 324 948

3, 907 469

3. 691

5, 579 4, 704

875

5, 042 927

4, 203 512

3, 994

4. 988 4, 294

694

4. 192 635

3,085 472

3, 839

.1. 146 4, 391

755

4, 074 594

3, 025 455

3, 844

5, 241 4,1\44

697

4, 319 620

3 249 '450

3. 917 I

.5, 400 4,614

786

4, 544 636

3, 444 464

3. 879

s. 428 4. 671

757

4, 596 612

3,1\05 479

3, 876

5, 402 4. 662

740

4, 457 .169

3, 388 500

3, 855

5, 469 4, 6.\7

812

4. 491 570

3, 394 527

3. 839

5, 481 4, 666

815

4, 495 614

3, 353 528

3,840

5, 442 4, 662

780

1,663 63~

3, 507 518

3, 799

.1, 526 4, 6~0

846

4, 825 688

3, 629 508

3.848

5, 579 4. 704

875

5, 642 927

4. 203 512

3, 994

5. 511 4. 680

831

'5, 058 '775

3, 7.5() 524

4, 041

5, f)4!) 4. 704

841

4. 496 646

3.324 526

4,153

423 15.1 268

61.811

90, 700 61\, oo.o

4, 772 3. fl84

12,072

53,418

35.956 10,447

81.130 35.248

4. 69.5 6, 627

l!'i, 944 22,467

47. 68.1 30. 8.'7 24.383 16.828

2:l4. 9 138.0 06.4 30.1\

!'i. no 4. 80 4.\18 !i. :~o

3. 00

2. RH7 ~~- ,)0

r Revised. I Average for Dec. 2 Qtiart.erly average. • 1\lonthly nYerage.

9 Inc1udrs {lata not shovvn separately. *New series; description and data prior to Sept. 1961 appear in the July 1962 Federal Reserre Bulletin. 0 Adjusted to exclude inter-

t Revised to reflect new cowrage and revised classification of deposits (for details, see the .Tune and July 1961 issues of Federal Reserve Bulletin).

ci'For demand deposits, the term "adjusted" denotes demand deposits other than do­mestic commercial interbank and U.S. Government. less cash items In process of collection: for loans, exclusive of loans to domestic commercial banks and after deduction of valuation reserves (individual loan items are shown gross; I.e., before deduction of valuation reserves).

bank loans. § For bond yields. see p. S-20 . ,Data are _as ?f end of consecutive 4-week periods ending in month indicated, exrt•pt

June figure whwh IS as of June 30 (end of fiscal year). t Revised back to 19M to incorporate new benchmark data; available revisions for pPriods not shown here appear in the Vee. 19fl2 Federal Reun•e Bulletin.

S-18 SURVEY OF CCRRENT BUSIKESS April 1l)G:3

1962 1963

July I Fe~. I Mar~-FINANCE-Continued

CONSUMER CREDITt-Continued

Imtallment <'redit extended and repaid: Unadjust~d: .

1 E~;,~~~d~~t!~a~a'Per.-.~~~~~~~~~~~~~~~~~~~~d.o·-~:: Other consumer ~toods paper ___________ ilo .... All other _______ . __ . ___ . _______________ .do .. __

Repalil, totaL ___________________________ ilo ___ _ Automobile paper ____ ----------------_ .do ___ _ Other consumer goods paper ___________ ilo __ __ All other-------------------------- _____ ito. __ _

Adjusted:

4,033 1, 334 1, 21.1 1, 484 3, 97fi 1, 373 1, 1~7 1, 415

4. (\1\\ l.fi2!\ \, :)44 l,fi.HJ

4 °''3 1: 44r. 1, 2f>l 1,;)-1()

E~i~~~~';;bW!a~aper·_-_-::~~:::::::::::::::~~:::: :::::::: :::::::: Other consumer goods pnper ___________ do ____ -------- --------All other _______________________________ ilo .... -------- --------

R";f~~~;,t~~fJ'eraper·.~::::::::::::::::::::~~:::: :::::::: :::::::: Other consumer goods paper ___________ do ____ -------- --------All other _______________________________ do ____ -------- --------

FEDERAL GOVERNMENT FINANCE

Net cash transactions with the publlc:o',. Receipts from _____________________________ mll. $ .. Payments to _______________________________ do __ __ ExceRS of receipts, or payments (-) ________ do __ __

8, 161 8, 728 -567

8, 852 9, 32U -477

3.\\11 1, 318

973 1, 320 3.802 1, 282 I. 197 1. 32:3

4. 3;i6 1, 54() 1. 276 1, .\34

4, 084 1. :l9o 1. 236 1, 4.58

9, 567 8, 9(\7

600

4.392 1. 616 1.196 I. ,\RO

4, 250 1, 4.\9 I, 285 1. 511

4. 499 I, 5B2 1,328 1,-589

4. 121 1, 41.\ 1, 231 I. 47.5

10. ()S;) ~. 2fi:1 2. 422

L 737 1, 732 1, 319 I. 686 4, 111 1, 409 I. 22S I. 471

4. (),59 1, Oil'~ I, 315 1, 639 4. 1f\(i 1. 43c 1. 247 1. 4~4

7. ono ?. 074

-2,014

4. 950 1. 837 I, 383 1. 730

4, 292 I. 476 I. 283 1, 5:;3

4. 6.10 J.fi.j[i I. :J38 I. 6.57

4, 211 1,4H 1. 2GO I, .504

10,850 9, lfJO ],690

4, 923 1, 810 1, 384 1, 729

4, 210 1. 432 I. 256 1. 522

4, 623 1, 621 1, 34·1 1, 658

4, 202 1. 433 1, 2f>O 1. 00\l

4. 720 1.71)] 1, 290 1, 679 4. nq 1, 481 1. 2\\2 I, 53,;

I, 6f>9 1, 631 1, 368 1, 070

4, 288 1. 4o6 1, 296 1, .131

13. 077 4, .167 9,fl24 9,314 3, 453 -4,747

4, 862 1, 731 1,34!1 I, 786

4. 308 1, 478 1. 27S 1, 555

4. 619 1, 602 1, 32S I. 692 4. 261 1, 446 I, 281 1, .534

10.328 10.577 -249

4, 098 1,309 1.25.1 1, 534 3, 992 1, 361 1,218 1,413

4. 491 I, 50.5 1,308 1, 678 4, 289 1, 440 1, 29~ I, .551

4. 913 1,816 1, 432 1, 665 4, ,101 1. 614 1,307 1, 580

4, 682 1, 685 1. 335 1. 662

4. 298 1, 491 I, 261 1, .546

4, 932 1, 701 1, 499 1, 732

4, 380 1, 477 1, 299 1.604

4, 961 I. 797 1, 425 1, 739

4, 380 1, 490 1, 302 1, 588

11. 140 4, 150 9, 289 8, 639 10, 149 10,021 2, 501 -5, 998 -732

I 5. 379 1, 539 I, 937 I, 903

'4. 3~~ I I..o70 I

'1 ?3(1

4, 410

}:~~§ 1.630

1: ~G8 i 4. 481 1. 528 I 3fill L f,Si

4, 829 ' 4. 878 1. (\84 1. 743 1,469 r 1.421 1, 676 I. 714 4, 371 4. 37fi 1. 513 1. 504 I. 293 1 294 1.565 1,578

9. 548 6, 28.1 9. 436 8, 830

112 -2,544

4. O:l3 1. -t/7 1. (t;j 1. .i02

4. ns 1. 4{)0 1. 2fi2 1. -tifi

t ~~.~

1. 734 1. -ton 1. 74:)

4 .. pn 1. r,17 1. ;~07 1. f)2;)

Ill, :3'·2 .~. 7711 ]. ~-if\

Seasonally adjusted quarterly totals: Receipts _____________________________ .... do ____ -------- -------- ------Pavments ________________________________ do ____ -------- -------- --------Excess of receipts, or payments (-) ...... do .... ----------------

24. 600 -------- -------- 26,800 27,800 -------- -------- r26, ~l()() -3,200 -------- -------- -!00

27,700 -------- -------- 27,300 28,000 -------- -------- 29,300 -300 -------- -------- -2.000

Bnilget receipts and expendlt.ures:

R~!~~~~~~~~e~~~~~=======================~~===: Individual income taxes __________________ rlo __ __ Corporation Income taxes ________________ do. ___ Employment taxes.-------------------- .. do. ___ Other internal revenue and receipts. _____ do __ __

E xpendltures, total, ________________________ do ___ _ Interest on publlc debt ___________________ rlo .... VetPrrtn~' sen·ices and henents ___________ (lo ___ _ National defense._--------------- _______ .do __ __ All other expenditures .. _________________ do .. __

8.333 6, 513

88 3, 933 1. /()f) 1. 039 1. 508

7,03il 739 44.5

4,013 1, 895

Public debt and j!Uarantced obligations: ., 2

, . 1.

Gross debt (direct), end of mo., totaL ..... hll. $ __ " .II>. '

8, 983 7,Q.I%J

103

4, :J40 1, R21 1, lOS 1, 612 i. ()[)fl

7\)(i 442

4. 42:) 2,0f>2

Interest hearlng, totaL ___________________ flo ____ ~ ~~~· y~ ~~~~· ~~ Publle Issues _________________ -------- __ do __ -- ;10. s9 I zi I. ,\~1

Reli!byU.S.Govt.lnvestmentacets.ilo ____ ,43

· :, ,43

·4:; Spectnl is~mes __________________________ do ____

2 3· .~8

1 c~:

2;;

Nonlntere't bcnrlng ______________________ do____ · 4

Guaranteed obllgations not owne<1 by U.S. Treas-ury, end of month ____________________ .. bll. $ __

u.~. snvlngs bonds: Amount ont,tnnding, end of month ...... <lo __ __ 8nles, series E and H _____________________ flo ___ _ Redemptions __________ ... ________________ do .. _.

LIFE INSURANCE

Institute of Life Insurance:

2 • 33

z 47. 79 . 38 . 47

Assets, total, all U.S.llfe Insurance companl';~lj. $ __ 2 126_ 82

Bon~~~~~~~-~~~~~~:~-~~~s_t_i~-~~~-~~~e_I~_"Ln. $__ 2 fill 9:; U.S. Govemment._ ____________________ rlo____ : ~: ~~ State, county, municlpal (U.S.) ________ rlo ____

2 16_ 22

~~m~a~tl¥ns~~~~:~:~~~~~~~~~~~~~~~~~~g~~~~ , 3. -'~ Industrial and miscellaneous (U.S.) ____ <lo .... 2 26.91

Stocks (book value), domestlr ann foreign, total hil. $ __

Preferred (U.S.)---------------- ________ do ___ _ Common (U.S.)---------- ____ ------- ___ do .. ..

Mortgage loans, totaL. __________________ do .. .. Nonfarm _______________________________ do ... "

Real estate ___________________________ • ___ do ___ . Policy loans and premium notes __________ do .... Cash ________ ---------- ___________________ do. __ _ Other assets ____________________________ .. do. ___

Payments to policyholders and heneftclaries in U.S., totaL .• _________________________ mil.$ ..

Death benefits. __________________________ do __ __ Matured endowments _________________ ... do ___ . Dlsa bility payments_. _____________ • _____ do __ __ Annuity payments _______________________ do .. __ Surrender values _____________ --------- ___ do __ __ Polley dlvldends _________________________ do ___ _

Life Insurance Agency Management Association: Insurance written (new paid-for Insurance):

Value, estimated total<;? ________________ mn. $ __ Ordinary'<-----------"--- ____________ .. do .... Group and wholesale ... ________________ do __ __ IndustriaL ____________________________ do __ __

::! n.~w

2 2. 03 2 4.1~

2 44.20 2 41.03

2 4. 01 2 5. 73 2 I. 39 2 4. 29

734.2 298.4

59. 6 11.1

64.2 149. 4 151.6

6, 5861 4, 5:JI 1, 472

583

2 .. !)2

2 -li. <"ii . ;{ti

. eli

777.1 323.2 5~ .. 1 11. ~

Utl.S 147. 7 11\5.0

6, 565 4, 605 1, 377

583

9, 773 6, 729

85 5, 910

400 2. 080 I, 298

6, ~~8 j,);)

44\J 4, O!Jl 1. ,)j,~

2\l:J . .15 250. so

11.27 42.7.1

3. ~:;

-li. ·"I . 31i . 14

127.73

61. 8fi f\. 34 3. on

Hi. 25 3. fl4

21. 3o

4. HG 2. 12 2. 67

44.49 41.30

3. 99 5. 79 I. 28 5. 46

704.3 295.6

56.8 10. g

66.3 140.4 134.3

5, 925 4, 233 1,127

565

12. :;.5! II. 1114

!()-l

3. 7:2~ 'i. S/\1 I. t"\:•.: 1. 4tJ!i

7, 7--l~l 7:3:~

I 449 I 4, !ll17 I 1, fli2

29fl. 09

292. 48 249. GS

] 1. !'10 42. 81 3. I)()

. 40

47 81 .37 . 48

128. 11

fi2. ()f) f), 2fl ~- 08

16.29 3. 64

27.48

4. 89 2. 12 2.69

44. 64 41. 42 3. 99 5. 83 1. 20 5. 49

830.8 350.1 62.9 11.1

72.0 156.9 li7. 8

6, 824 4,83\l 1.364

621

8. Li3 5. 7M

99

5. 348 44.5 7 -l/i

1. filfl 7. 2~0

"' 438 4. 31.5 1. ifHl

293. 3f> 2,~ I.~-~

11. 47 12. 1'2 :~ ,-)~1

.-11

12~. !17

(12. 3S ll. 35 4. Oil

ill. 311 3. 63

27 fli

~- !13 2.13 2. 71

~~- 75 41. 52

4. 01 5. 88 1. 21 5. 41

714. 1 :;oo. 4

.17. I)

1l.f> 66.7

141. ,} 136.3

6, 350 4, 629 1, 110

611

' Revised. • Preliminary. t Data b~glnning Mar. 1962 reflect revised classifications; not comparable with earlier figures. ' End of year; assets of life Insurance companies are annual statement values. tSee similar footnote on p. S-17.

a" Other than borrowing, ':\:ew series (compiled by U,S. Treasury Dept. and Bu. of the Budget).

10.1l.58 7. 024

104

n. 2-l3 4f>9

'?. 2()6 1. 57(\

i. 22U 77.~ 43:l

-!. 7-'5 1, 24l

13.346 11. 615

](!(!

5. 010 fi. 377 I. 0.\4 1.80fi 8, 102

821 3!18

fl. 034 2.0fl1

4, 510 3. ,}(\6

103

1, 497 .525 4.50

1, 90.5

i, 2.12 82S 4-12

3. 9,14 2, 107

~- 445 7, 089

107 5. 4()7

431 1, 7R6 1,GM

8. 541 794 4\12

4, 41R :.?, 8!1~

11.414 10,053

102

!1,072 3. 533

902 1, 745

7. 327 8117 401

4.03R 2,081

'1.068 3, 030

120

1, 391 4RO .1.11

1, 547

s. 524 S14 440

4.fll0 2. 072

S. -~33 i. 027

114

5. 312 412

1, 208 1, 488 8, 070

80~ 443

4, ;).18 2, 268

9. 5.13 8. 31>0

94 3. !)37 :;, 4.00

(i.12 1. 820 7, 572

840 445

4. 31S 2.138

B. 28.1 5 . . ~;~:{

80

3. 630 ,1)17 4:?B

I. 0:?3

8. 013 R5~ 4SfJ

r 4, !)4J T 2. 2Fi

1( \, ~!\li

7. 30.5 l!l:{

t). :?tHi 4:2:!

2, /)~!) J, H71

1\ 711~ 1..',(\{j

·1M'i 4. lll:! 1. 43c!

301.81 2(19. 50 302. 07 305. :;g 303. 47 303. 42 :l(l.l_ il4 :102. \1!1

20.!). !i:2 2Pi1. :.?3

11. 46 44. 2!) :i.fifi

-1/.i-\1 . 3.5 • 41)

128.93

62.63 6. 32 4. 05

1fi. 32 3. 62

27.82

4. 97 2.14 2. 7-l

44.95 41.68

4. 02

2!14. ~4 249.50

1]. 36 44.9~

;{, 7!\

. 44

47. R2 . 3fi . 48

12(!.14

02.73 6. 2:l 4. 06

Hi. 37 3. 61

27.ll2

4. 95 2.17 2. 70

4.5. 14 41.86

29:{. It~ 250. 1:?

11. S8 .t:J. on

3. \!1}

47. Stl . 3fi . 4!i

130.00

(\3.12 fi.l1 4. 0(\

1fJ. 38 3. 60

2R. 09

4. 99 2.18 2. 7:l

45.34 42.03

297.90 2.~2. 48

11. 47 4.1. 43

3. \14

. 47

-17. go .36 . 43

130.60

63.37 6. 38 4. 09

1\\.40 3. r,o

28.29

5. 02 2.19 2. 74

45.58 42.25

295. 57 251.01

11. 71 44 .. 56 3. 93

. 49

47.91 . 30 . 40

131. C7

63. 5.1 G. 34 4.10

16.40 3. 59

28.46

5. 07 2. 20 2. 78

4,1, 76 42.41

298.14 :?.'i-l. 20

12.01 13.89 ~!. D:!

47. R7 . 36 .fil

131. 74

63.86 6. 37 4. 08

16.41 3. 58

28.61

5. 11 2. 22 2. 81

46.05 42.69

301.38 257. 22

1:3. 5U U16

4. 01

. 50

47. DO . 33 . 40

132.00

o~. 07 fl. 40 4.0ii

16.42 3. 57

28.66

5. H) 2. 22 2. 85

46.38 43.00

299.21 2ii.O. 78

11.99 43. 4:l

4. 2()

. ,)2

47.81 . 30 . 46

133.17

li:l. 8S t).lH 4. Ofl

16.51 3.56

'2~. 64

5.18 2. 24 2. 86

46.98 43.58

2!l9. 33 2.\7. H

12.19 -12. HI

4. 0~

.. 13

47.07 .. \3 . 5t\

13!. 0!

64. 44 6. 31 4. OY

lG. 54 a. f4

z.-,_ ~2

5. 24 2. 24 2. 9\

47.20 43. so

300. :;7 z.~~. o..;:

12. 40 42. 4D

4. lfl

. >4

4'0. 11 4:? .jO

tl-t.i\H G. 2-! 4. II'

16 .. \4 3. :;-1

28. gx

,\, 21; 2. 25 2. 94

47. 3.\ 43. 9:l

4. 17 fl. 28 1. 27

2\1~. 9~ 2:-,n. 77

-12.20 ~- 02

. :i~

4~. 21 . 40 . 40

5. 93 1. 22 5. 22

4. 04 ,}, 98 1. 211 5. 10

4.10 6.04 1. 2fl 5. 15

4. 11 6. 08 l. 24 5. 21

4.11 6.11 1.27 5. 20

4.12 6.15 I. 27 5.17

4.13 6.18 I. 30 5. 28

4.12 1\.21 1.41 5. 38

4.15 6. 24 1. 2.~ 5. 44 .1. 50 i--- -----

777. 5 342.0 59.2 12.8 67.7

157. 2 138.6

749.6 316. 5

56.3 12.1 68.2

142.7 153.8

7n.4 :m. 6

54. s 12.0

70.9 149.0 135. 4

739.2 318.8 54.6 12.5

61.7 142.9 148.7

754.6 300.4 50.5 11.0

75.3 156.7 160.7

776. 5 316.6 63.4 13.4

66.7 146.6 169.8

7!1. 8 318.9 60.1 11. 5

6S. !I 133. 2 149.2

9!14.1 3.58.1 (i3. 3 111.3

0:!. i 153.0 34'). 7

S44. 7 369.5 71.5 13.4

95.2 152. t; 14'2. 5

~~ ~~ ~~ ~~ ~~ ~~ ~~ &W ~~ ~~ 4,784 4,670 4,510 1.500 4,109 4,903 4.912 .5,261 4,057 4.519 1,341 1,463 1,146 1,214 1,269 1,484 1,078 2.280 1,023 1,173

625 575 548 554 572 618 590 624 513 5011

,Data for net receipts and total expenditures reflect exclusion of certain lnterfund trans­actions.

9 Re,·isions will he shown later as follows: Assets, all life insurance cos., Jan. 1960-July 1961; insurance written (total and ordinary), 1961,

.\ pt•i! 1!1(;3 SURVEY OF CURRENT BUSINESS

1962 I.:nless otherwise stated, statistics through 1960

and descriptive notes are shown in the 1961 edition of BUSINESS STATISTICS

1961 1 1962

Monthly average Feb. I Mar. I .\pr. I May I June I .July I Aup;. I Sf'pt. I Oct. I Nov. I Dec.

FINANCE-Continued

LIFE INSURANCE-Continued

Premium" coll<•<·t<><l (LIA M A):* Totallifr insuranre pr{'miums ____________ mil. $ __

Orflinary _____ ------------- _______________ Oo ___ _ Group and wholesa]e _____________________ do __ __ IndustriaL ______________________________ .do ___ _

MONETARY STATISTICS

Golrl and silver: Golrl:

'1.001 '735 '146

120

Monetarv stork, U.S. (end of yr. or mo.)_mll. $ __ '16, 889 '.;pt. relea.se from earmark~ _______________ <lo____ -5

r~r,~~~~= =~ :::::::::: ========== ::: = = ==-t~~~;- ~=: 6:: ~~~

I 1,1 047

i : r~~ 11R

1J5. 978 -(i6

31, 747 12.578

!G. 790 -37

aO.W17 19. 7Gl

16. nos '-113 52. R4fl 10, 622

• 999 '745 '147

107

16,49.\ -82

14,065 2. 228

I I ! • 1. 029 I , 1. ow : T 770 ! r 75~ 1 ' 14() '151

107 ' 108

Ill. 134 -7k

:ll.ll:l2 Iii. 290

Iii. 4:l.\ -f.O

1\, (10() 3, 340

Production, worlrl totaL _________________ r!o ____ 2'101,200 -------- ________ -------- ________ _ Routh Afrlra ___________________________ do____ 66. 900 74.400 67,400 72.900 72.300 74. 000 Canada_ -------------------------------do____ 13,000 12. 100 11, 400 12.800 12.400 12. :lOo United f'tates __________________________ do____ 4, 600 3, 700 3, 200 3. 500 3. 000 :J. 4011

Silver: Exports __________________________________ do ___ _ Imports ____ -- ____ ------------ ____ - ______ .do. __ _ Price at New York ____________ do!. per fine oz __ Prorluctlon: Canarla _______________________ thous. fine oz __

cvf exiro _______ -- __ -- __ ---- ______________ rlo. __ _ Unlterl Rtat.es ________ ----------- _______ do ___ _

Currency in circulation, enrl of yr. or mo. ___ bil. $ __

3,154 3, 786

. 924

2, 615 3, 362

42,908 I 33.9

1, 262 6, 205 I. 084

2.556 3,434

4 3, 764 I 35.3

:\Toney supply anrl relater! data (av~. of daily fip;.):* Unnctjusted for sPas. variation:

Total money snpply _____________________ bil. $ __ 5 n~: i 5 /i~: ~ Cnrrf'.nrv ont~id(' banks ________________ cto ___ _ Demand rleposits _____________________ _clo ____ 5 114.0 '115. 9

Time rleposits adjusted~ _____________ .... do .. __ 1

5 78. li 5 91. 0 T"_;.:::. Government o;posits _______________ do ____ l '4.8 '6.0

A'l]usterl for seas. vanation: Total money supply _____________________ do ____ -------- --------

t'nrrency ontside bank~ ________________ rlo ____ -------- --------Drnlnnrl (lC'posits ______________________ flo __ --~-------- --------

TurJ~~~~ ~~~~~~agi,r;~~~~s-exeer! Iii i(.~t,!iti Q~f!<l- -------- --------U.~. Govt.. annual ratfls. sNls. nd.Jnstrd:

Total (344 rent<'rs)* ___ ratioofdehit" to deposits__ 38.2 41.5 :-Jew York Cit v _____________ ------------_do____ 70. 0 77. 8 f> other renters d' ____________ ----------- __ do____ 36. 9 41. 2 337 other report in v renters __ ----------- __ do____ 26.2 27. 7

PROFITS AND DIVIDENDS (QTRLY.)

!\fanufartnring rorps, (Frrl. Trac\1' and RECl · :-Jet profit after taxes, all industries. _____ mil.$_

PoO(l and kindrNl produrts_____ do Textile mill pro,lnrts_____ __ .. <lo Lnmlwr nn(l wood prodnrts (<'xerpt fnrnitnr(•)

mil.$ Pnp('t' an(l alli<'d prorlnrts ______________ do Chemicals and a\11<-d products______ do P<'t.rolrnm rrfininz_ __ _________ do StonC', clay, and glass proilncts___ _ do Primary nonferrous mrtaL________ do Primary iron nn(l strf'l ________ do FflhricntNl mrtnl proctnrts (I''Xcrpt orctnmH'P,

machinery, and transport. eqnip.) _____ mil. $ __ :\I achlner:v (except Plertrlea\) ____________ rio ___ _ Rlec. marhinf'ry, rqnip., nnd ~npplir~ ____ iio __ _ Tmnsportnt.ion equipment (except. motor

vehlrlrs,etc.) _________________________ mil. $ _ :\lotor vehicle• and parts _________________ do __ __ J.ll other manufacturing inclustrirs _______ do ___ _

<:;,828 '3:ll

r, 70

'2K ' 14fl " .>11 6 772 6 136 6 122 '201

6 111 '265 "2.56

6 74 6 372 6430

6 4, 4:l2 •:H2

6 ~~

'41 fi l!i7 6 !if'IO 6 RO~l 6 J4!j 61;1:1 6 180

6 152 6 327 6 307

6 110 6 512 6 \08

Dividends paid (cash), allindustrirs _______ do ____ I '2, 138 '2. 3211 Eh,rtric utilities, profits after taxes (Federnl Re-

serve) _____________________________________ mil. $.. '4i4 '013 Transportation anrl communleations (see pp, :=:-n

and S-24).

SECURITIES ISSUED

Seeurities and Exchange Commission: Estimated gross proceeds, totaL _________ .mil. $ ..

By type of security: Bonds and notes, totaL ________________ cto ....

Corporate.-------- _____________ • ____ .do. __ _ Common stock __________ ------------ __ .do .. __ _ Preferred stock ______ ---------------- __ .do. __ _

By type of issuer: Corporate, total0 .. ----- --------------.do. __ _

Manufacturing ______ -- ______________ .do. __ _ Extractive (mining) _________ ------ ___ do .. __ Public utility _______ -------------- __ . do. __ _ Railroad _____________________________ .do. ___ Communication _____________________ .do. __ _ Financial and real estate __________ .. .do .. ..

Noncorporate, total0 ___ ---------- _____ do .. .. U.S. Government. ... ______________ ... do .. .. State and municipaL ________________ do .. ..

2, 958

2,648 785 273 37

1,096 343

22 253

15 152 190

1, 862 1, 021

695

2,498

2,352 7.51 llO 36

897 274

19 237 20

109 !55

I, 600 716 713

I. ,\3S 9,249 1.025

r 2, 0()0 3. 255 3. 928 32.9

14.\. 3 29.3

11.\. 9 85.4

4. 6

145. 5 29.7

115.8 85.8

38.5 fiR.! 38. 4 27. 1

2. 537

2,382 728 146

9

88-1 139 13

!53 17

366 126

1,654 361

1. 123

979 6. 65:1 l. 015

'2. 533 3,886 4.004 33.0

144.2 29. ti

114. r. 87.4

5. I

145.7 29.9

115.8 87. 5

41.7 78.2 40. 9 27. H

4, 00--t 270

74

](I 143 [1!9 'iili 58

143 252

118 2H4 2i4

98 ,\70 391i

526 5,615 l. 015

'2, 273 3,473 3. 46.\ 33.2

146.2 29.8

!16. 4 88.9

3. 8

146.1 30.0

!16. 0 88.7

42.2 7R 4 41. 7 28.2

,\21 5,20:) 1. OJ.>

'2. 217 a. 5:-m 4. 362 33. !\

143. ti 29.8

113.8 89.9 7.0

145. 7 30.0

115. 7 89.6

41. g 78.8 411. 8 28.0

~.~m ----------------

5~.5~-------- --------

I, 877

1.669 I 638 20<1

847 329

lG 197 20 21

143

1,030 372 621

4. 075

3, 738 881 216 120

I, 217 463

15 383

7 90

142

2,858 1, 506

877

2,149

2,015 667 120

14

801 279

37 217

12 65 96

1, 348 352 897

75,200 11. 800 3.100

9fi4 6,8:37 1.1123

·~:~~ 3. 35\l 33.8

144.0 30.0

113.9 91. 1 7. 2

l4!i. 6 30. 1

11!i. 4 90.7

41.6 77.3 41.3 27.8

187 387 31.\

120 645 499

2,12:!

472

2, 422

2, 21i3 I, 063

124 46

1, 232 361

23 473

IS so

173

1,190 363 760

I I '' 1. 048

r 775 '1. 034

'768 '158

108 , lfi3 I

109 i

16. 147 -310

H. IIIlo 2,1139

7H. 300 II. 900

4. 000

16,098 -10

.i2. (Hi3 1.883

76,600 12,000 4, 600

476 951 fJ, 398 fi, R2i 1.035 '1.083

' 2. 849 ' 2. 408 2. !18-1 3, 0:2;) 3. 052 2. 883 33. g 33.9

144.3 1-13. k 30.3 30. 3

111.0 113.5 92. 2 03.0

7.1 6. R

t4!i. 7 t4o. 1 30. 2 30. 2

115.5 114.9 \ 11.8 92. ,\

42. I 41.9 77. 3 78. 8 42. I 41. 1 2R fi 28.3

--------~-. --------

--------1

1. 663

1. 598 565 32 32

630 250

5 124

9 93

no 1,033

358 641

4,056

3, 974 840

58 24

922 226

(') 255

56 123 190

3,135 2,408

559

I , 962 , I, 076 ' I, 025 r 720 r 797 r 709 ' 1:J9 '168 150

103 110 1116

I' I, 234 r R27 r 170 '261

16,067 2

63,150 2, 33,\

76.100 11,700

4. 800

I. 144 7. 897 1.1.):1

15,978 -19

zs. o.o3 2,130

78, 100 12.500 4. 300

960 7. 646 1.206

' 3. 037 ' 2, 737 3.1i31 3, 435 5, 157 3, 151 33. 9 34. 1

14.\.0 80. :l

114.1i 93.8

7. 2

Wi.3 30.2

llii. 1 93.4

41.7 I-S2. 2 41.8 27.3

r 4, 2:)()

3U7 86

146. 5 30.4

116.1 94.9 7. 3

146. 1 30.3

115.8 94.6

43. 5 82.9 4:J. 7 2R. ,\

15, 977 2fi

6, g;j(i I, 903

78,500 12.100 3. kOO

!.886 5, 713 I. 192

'2,fl0! 2.\181 3.005 34.8

118.2 30.8

117. 5 \15. 4 6. 0

Hfl.9 30 .• 5

116. 4 96.0

42. 9 80.7 43. f) 28. _,

rl);j ----------------10.5 ----- ~- --------~~1 ~-------1 -------115 -------~--------19fl ~--------~--------104 -------- --------111 --------~--------

~!;~ 1::::::::[:::::::: 2Ul -------- --------

J~¥ ::::::::1:::::::: 51i4 -------- --------

2. 112

488

1,568

I, 408 472 uo 51

632 190 21

16.5 20 69 93

936 300 426

2,150

2,027 853

74 49

976 167 21

252 6

262 228

1,174 359 646

I, 821 I I, 768

732 28 24

784 275

8 228

25 4

185

1,036 327 595

15. B7~ -211

4.\. 01!3 S6. 442

74. 7011 11,700 3, 7011

3,350 5, 270 1.1~9

2. 713 3.1if>2 4, 545 35.3

151. (i 31.2

120. 4 \16.6

5. {)

147.9 30.6

117.3 97 . .\

44.2 88.\1 43.4 27.7

4. 838 3i)7 lOG

118 74:l fl72

2. 844

li08

2.14(1

2,025 1,072

ti5 59

1,197 381

51 280 37 58

265

953 295 547

S-19

19(;3

Jan. I Feb. Mar.

I, 142 86fi 166 110

1s.ns -89

Hi. 97.\ 2. 976

78. Ollll 11. 700 :l.HOO

2. 571 4. 299 1. 244

2. 2.\8 3. 241 4. 722 34. 1

1"1.8 ~0. !i

121. :J fl8. 4

-!. 8

148. 7 :Jo. 7

118. I ~19. 1

'43. fi 83.7 44. 1 28.8

2, 692

2 598 587 63 30

fi81 142

20 199 29

126 72

2,011 774 999

1.031 774 1.\4 JO;j

Ir), S7R -47

iii. 021 2,024

:J. OSfi i\, 187 1. 2.1G

4. 13!) 34.3

148.3 ~m. 0

117.8 99. (j

;'"d)

'148. 6 :11l.!l

117. 7

15, 878

L 271

1~;;; 1.::::::: 42. 7 I _______ _ 28. :l I ______ __

2, ]()2

2.068 049

7H 18

fi43 230

28 132 14 69

119

1, 519 42!i

I

810 . --------'Revised. I End of year. 2 Estimated; excludes U.S.S.R., other Eastern European

countries, China Mainland, an<l North Korea. Comparable data not sllown in 1961 BUSI­:-JESS STATISTICS volume. a Effective Aug. 1962 for silver in commercial bar form (priced )4 cent higher than on former basis; jio cent higher effective Nov. 15, 1962). 4 Based on refinery production (U.S. Bu. of Mint data); not comparable wit!> data through 1961 prrrtously shown. 6 Averagp of dtlily figures. 6 QuartE>rly average, i Less than :$;)1)0,000.

*New series. Back data for premiums collected and turnover of total demand deposits are avmlable upon request; those for money supply, etc., are published in the Aug. 1962 Federal Resen>e Bulletin (see also Oct. 1960 Bulletin for concepts and method"). §Or increase in earmarked gold(-). , Time deposits at all commercial banks other than tl10se due to domestic commercial banks and the U.S. Govt. a' Includes Boston, Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles. 0Includes data uot shown separately.

S-20 SURVEY OF CURRENT BUSIXESS April l!)G3

1962 1963 Unless otherwise stated. statistics through 1960 I

and descriptive notes are shown in the 1961 edition of BUSINESS STATISTICS

I

1961 1 1962

Monthly average Feb. I .\Iar. I .\pr. I :\lay \ .Tune I July I Aug. I Sept. I Oct. I ~ov. I Dec. .Jan. I Feb. 1:!\Iar.

FINANCE-Continued

SECURITIES ISSUED-Con tinned

Securities and Exchange Commission-Continued New corporate security issues:

Estimated net proceeds, totaL _________ mil.$.. 1, 073 Proposed uses of proceeds:

New money, totaL ___________________ do____ 902 Plant and equipment. _____________ f]o____ ~?: Workin!!: capitaL ___________________ do .•..

Retirement of securities--------------do____ 75 Other purposes-----------------------do____ 96

State and municipal issues (Bond Buyer): J~on)(-term .. -------------------------------do____ ~~~ Short-term. __ - ___ . ______ ._. ___ --.---. _____ -do.- ..

SECURITY MARKETS

Brokers' Balances (N.Y.S.E. Members Carrying Margin Accounts)

881 866

694 792 475 642 219 150 6~ 7

124 67

713 1,123 397 640

C:a•h on bancl ancl in banks _________________ mil.$.. 1430 140.; 421 4,100 1.190 2, 882

Cu•tomers' debit balances (net) ______________ clo ...• 1 4. 294 14, 149 Customers' free credit balances (net) _________ do ____ 11,219 1 1, 216 :\Ioney borrowed ... --------------------------do .... I 3, OO:J I 2, 820

Bonds Prices:

Avera)(e price of all listed bonds (N.Y.S.E.l, total§ _ ------------ __ -----·-·· ______ .dollars ..

Domestic_.-------------- _____ ........... do ... . Foreign ___ ....... --- .. _____ -----. ______ .. do. __ _

Standarcl & Poor's Corporation: Jnclustrial. utility, ancl railroad (AI+ issues):

Composite (21 bonds)ci" ... dol. per$100 bond .. Domestic mtmicipal (15 bonds)_ .. _______ f]o ... .

F.R. Treasury boncls, taxable , _____________ do ... . Sales:

Total, excl. U.S. Government bonds (SEC): All rr!'istered exchanges:

Market value _______________________ mil. $ .. Fa('e vnlue ___________________________ do ___ _

New York Rtock Exchange: Market. value ------------------------do. __ _ Face value. __ . __ ---------------------do. __ .

New York Rtork Exchange, exdusive of •toprw<l snleR, face value, total§ _______________ . mil.$ ..

DomcRtic. __ -----------------------------'lo .... Foreign.------------------------ _________ f]o_ ---

Value, issues listNl on N.Y.~.E., end of month: Market value, total, all issues§ ___ .-------_ hil. $ ..

Domrstic. __ -----------------------------do. __ _ Foreign_--------------------------· ...... do ... .

Fnre vnlue, total, all issue~§ ________________ do ___ _ Domestic. __ ------------------------ _____ do. __ _ Voreign __________________________________ do ___ _

Yield" Domestic corporate (Moody's) .•........ percent ..

Ry ratings: Aaa ___ ------ ___________________________ (]o ___ _ Aa _____________________________________ do ... .

A--------------------------------------'lo ... . naa ___ -----------.----------.-------.- .rlo .. -.

Ry group" Jnrlustrial ______________________________ do .... Puhlic utility_---------------·--- ... __ .do. __ . Railroad. ------------------------------do ___ _

Dmnestic municipal: Bond Buyer (20 bonds). _________________ cto ... . Standard & Poor's Corp. (1.1 bonds) ______ do ... .

F.S. TreaRury bondR, taxableO. ___________ do ... .

Stocks

CaRh dividend payments publicly reported:

92.118 93.12 83.22

95.2 107.8 87.55

16k. fi6 162.82

103.70 15\l. 05

130.34 130 .. 11

5. 83

lOS. 34 10!). fiO

1. liS

116. !)1 11:1. 30

1. 90

4. (\6

4. 35 4. 48 4. 70 5. 08

4 . .14 4. 57 4. 86

3.4tl 3. 40 3. 90

113.81 \13.111 85.70

90.2 112. 1 86. 94

144.14 148.83

1~8. so 143. 27

121.21 113.42

7. 79

108 .. 11 10.1. 43

1. 73

11!). fifi 112. 2!1

2.02

4. 02

4. 32 4. 47 4. fifi 5.02

4. 47 4 .. 11 4. 86

3.14 3. 18 3. 95

112.90 92.\19 85. 12

94.8 110. 5 85. 17

13fi. G9 132. 4:l

t:ll. 74 127. ii

101. 3!i g,t:;. 4a 5. 02

IOn. 2fi 103. 3R

l.fiJ

114. 37 111. 17

1.\10

4. 70

4. 42 4. 56 4. 74 5. 07

4. 57 4. r.2 4. 90

3. 211 3. 28 4.11U

823 1, 185

709 1. 033 458 7.53 251 279

If> 72 97 80

621 877 3M 442

421\ 4. 117 1,154 2, 963

9:l '9 93.99 85.80

95.3 Jl1.9 86.21

i43. 42 1!-1. 94

1:18. J.j 139.49

ll:l. ii4 1114.74

8. 80

1117. 411 1114. 42

1. fl3

114..3\1 111.10

!.\Ill

4. 67

4.:m 4. 5a 4. 71 5. 04

4. 1i2 4. ()() 4. 88

3.12 3.19 4. OJ

419 4. 115 I. llO 3. 072

94. 40 94. 5!' 86.04

96.0 113.7 87. 61)

134.82 135.58

129. n9 130.81

117. 18 Ill. 74

5. 44

109. l4 lOu. 40

1. 68

115. 93 112. f)fl

1. 95

4. o:;

4. 3:1 4. 4!1 4. (\1)

5. 02

4. 41\ 4. fili ·1. 810

3. 00 3. ox 3. 89

785 I, 214

621 9.53 43fi 713 186 240 25 82

139 180

897 760 499 375

426 4. 034 I, 205 2, 889

113. RO 93.91 84.68

96. r. 113 .. ; 87.87

ISH. 43 H'4. Ill

JS:l. Ol li9. 2S

437 3,637 1, 374 2, 239

113.02 93.13 84.82

9fl. 3 111.2 ~7. (il

24fl. 4\1 249. 77

2:)8. 82 2-11. 24

621

.104 329 17.1 39 78

641 301

415 3. 592 1. 2fi2 2.124

92.97 93.08 84.61

95.9 Jill. 2 SG. 07

151.86 156.81i

148. 2fi J.o2. 9S

183. 17 li-t iii

8. 42

184.88 116 .. 11 176. 21\ lOX. ,o2

10(). 74 103.70

1. Gi

113. 79 110.42

1. 98

4. 58

4. 28 4. 43 4. 02 5. 00

3. 24 3. ()!I 3. 88

8. 62 7. 97

105.51 102. 42

I. 74

Jl3. 42 10\l. n7

2.0fl

4. 5\J

4. 28 4. 44 4.1\2 5.112

4. 45 4. 47 4. 86

3. 24 3. 24 a. 110

IO.o. 47 102. :li

1. 76

11~. 45 109.98

2.08

4. 63

4. 34 4. 4\1 4. fi.~ 5. ():,

4. I'J:! 4. 48 4. Hf)

3. 33 a. :;o 4. 0:!

907

620 382 237 J.o9 129

5!'19 573

388 3. 746 1.130 2. 506

93.76 93.87 8.1. 88

95.7 JlO. I 86.64

ll7. 84 125.30

112. 3fi 119. 58

%86 88. 71

7. 16

108 .. 12 105. :lfi

180

11.1. 74 nz. 2.;

2.10

4. 64

4. 3.o 4. 4\l 4. ()6 5. 06

4. fi1 4 .. Ill 4. 90

3.14 3. 31 3. 97

618

441 315 126 39

138

426 172

380 3. 914 1. 091 2, 738

94.16 94.27 85.94

96.3 112. I 87.02

91.01 94.62

85. Gl 90.10

st. .o2 75.06 6. 41\

lll. 37 108.22

1. 7H

118.28 l14. XII

2. 09

4. Gl

4. 32 4. 4ti 4.1\2 5. 03

4. 4.1 4. 4\1 ·1. 88

3.0t\ a. 1s 3. (!4

961

727 467 259 126 108

646 2&1

397 3,889 I. 126 2,62fi

94. 57 94.68 86.27

97. :J 114. 4 87.73

112.30 136.11\

1o.o. 49 128. 67

100. f>2 89.22 II. 39

111. f19 !OS. .12

I. 80

llX. 10 114. 1}2

2. 09

4 .. ;7

4. 28 4. 41 4.1\1 4 99

4. 40 4. 4fi 4. 8E

3.111 3.113 3. 89

776 1, 184

494 923 263 616 230 306

73 81 209 180

595 547 590 351

385 3, 975 1.151 2.586

9.1. O:l 95.13 87. 18

97. 4 114. 5 b:7. 96

121> .. 1G 135. -17

122. 72 129. 41

118. 29 llO.IiO

'i. 70

113.07 lOU. ~5

I. 84

IlK 99 115. 48

2.11

4. 55

4. 25 4. 40 4. 5~) 4. \)(j

4. :l\1 4. 42 4. x0

3.10 3. 03 3. Hi

405 4.149 I, 216 2.820

94.97 95. 0.5 87.76

117.3 113.0 87. 9G

127.49 132.09

122.99 126.99

108 . .57 99.67 8. 90

Ill. 09 107.80

1. 85

116.98 113. 41

2. 11

4. 52

4. 24 4. as 4. 54 4. 92

4. 40 4. 41 4. 76

3. 05 a.12 a. 87

671

541 369 172 87 13

999 304

414 4,236 1,199 2. 927

633

447 308 139 31

150

735 463

422 4.355 1, 191 3,077

::::::::1:::::::: :::::::: P7. 6 97. g ~1;. ~

113. o 1 112. 1 n:;. :1 87. 81 I 87.33 ,,_ 1-1

128. 43 Ill. 87 132. 21 121\. 08

123 2G I 107 89 126 26 ' 121. iJ1

117 G41107 97 'II. 3-'

=======r=============

::::::::1::::::::1:::::::: -----··t··--------------------- ~-------- - -- -- - --::::::::::::::::1::::::::

4.49 4.48 --------

4. 21 I !: ~~I 4. 91 I

us I 4. 38 4. 72

3. 18 3. 12 3. 88

419 4. 3fl 4. 46 4. 89

4. 37 4. :l7 4. li9

3.12 3. lS 3. 92

Totaldlvidendpayments _________________ mil.$ .. 214.154 2[.1,076 5H.4 2,074.4 987.8 384.0 2.086.2 991.~ 39f>.4 2,137.\1 1,02.1.3 412.12,908.2 1,098.9 520.1 2.11i4.1

Finance _____________ --------------- ______ (io ___ _ J\.fanufncturing ___________________________ do ___ _ Mining-___ -------------------------------do ... _ Public utilities: Communications _______________________ do ___ _

Electric and gns ________________________ do ___ _ Railroads._. __________ .-----. ___________ .do._._ Trade _______ . ________________ ._. ______ ._ .do. __ . M!sc~llaneouR ____________________________ do ....

Dividend rates and prices, comnwn stocks (Moody's):

Dividends per share, annual rate (200 stock•)

2 2. ]()() z i. a-1n

2 544

2J, 2R:l 2l,(JH2

Z;jf)(i

2 ,)/8 2105

dollars.. 5. 70 JnduRtrial 025 stccks) ____________________ do.... 6. 07 Public utility (24 Rtocks) _________________ do ... _ 2. 81 Rllilrond (21i Rtocks) ______________________ do.... 3. 37 Bnnk (15 stocks)_ ------------------------do.... 4. 21 Insurance (10 Rtocks) _____________________ do.... 5.18

Price per share, end of mo. (200 stocks) I' ... do.... 185.66 In<lustrial (125 RtockR) _-------------------do.... 199. 90 Public utility (24 RtockR) _________________ do ____ , 90. 5.5 Railroad (25 st.ocks) ______________________ do ____ l 68.26

' Revised. 1 End of year. ' Annual total.

2 2. 31i0 2 7. R23

2 54!)

2 1. 411 2 1. 773

2 3fi3 z non 2 201

.1. 9\1 6 . .J:l 2. 97 3.:lli 4. 30 5. 31

2:l5. 3 I8:l. 8 1:11. ,; 1. 3:H. 4

3.11 109. 0

2. 2 113. 2 115. 5 107. 3

4. 2 56. 7 42. g 53. 3 6.H 29.7

5. !},\ 6. 41 2. 86 3. 35 4. 30 5. 19

5. 96 G.H 2. 91 a. :15 4. 30 5. 29

177.87 198.76 189. 95 212. 12

198.91 213. 78 98.87 91.50 97. 76

63.39 69. 98 68.60

JX8. 9 310. v

II. I

23!1. 3 123.3 20. ,\ 57. g 9. 9

5. 91\ 6. 42 2. Vl 3. 3fl 4. 30 s.:w

18fi. 28 198.72

96. 45 64. 78

§Data inclucle bonds of the International Bank for Reconstruction and Development not shown separately; these bonds are Included in computing the average price of all listed bonds.

!H.!J H\7.fi 131. .J 1. 3M. !'i

5. 2 lOS .. \

3.3 ll:l.O 1 Jh. k 199. 1

.1. fl fill. (i

23.0 ,1\J. :{ 6.!) 27. f)

5.1)7 fl. 4l 2. fl7 3. :Jfi 4. 30 5. 29

171.39 183. 43 8ft 79 62.00

5. Hi 6. 41 2. 98 a. 31i 4. 30 5. 2U

157.34 168.00 81. 74 57. 19

Hli. 4 :l3X. (j

!0 .. 1

:?33. j 123. s Iii. \1 5\1.8 12.1

5. 07 6. ·10 2. 'JS 3. 31) 4. 30 5. 2U

168.24 178. g(i Ri. 7:2 5S. '27

9:1. 2 22\i. 4 13.1.:; I. 3.;2_ 3

3.0 10.1. 5

2. 9 112. R 118.6 201.3

R 7 fiO. 7 23 .. \ 58.4 10.0 27.5

5. 97 6. 40 2. 99 3. 3.1 4.30 5. 32

1711. fi1 181. 40 <l0.12 59.25

.5. !li 1\.40 3. 02 3. 34 4. 30 5. 32

llil. 7.1 172.29 87.42 Mi. 07

194 .. I 3f>l. 8

II. 4

23G. 4 124.8

19.7 62.4 14.3

5. 91 f). 29 3. 03 3. 39 4. 30 5. 32

164. C2 174. 24 86.83 58.66

104. G 389. 2 140.2 1.90G.:l

2. ~ lli8. 3

3. 3 117. 4 124.9 207. s

5. 7 77. 1 21.6 61l. 2

9. 0 35.9

0.13 (),()3

3.0fi 3. 39 4. 30 5. 32

179. 59 192. 3(i 92. 64 67.43

6.15 G. G4 3. IIi 3. 42 4. o5 5. 65

182.43 1\11.69 96.49 G~. 04

275. 3 316.9

14. 6

236.2 126.7 :H. 6 79. 6 18 0

fi 21 6. il 3. Oi 3. 42 4. 44 5. so

191. 25 204. 07 102. 52 il. 41

1'1. 8 13!1. 9

2. (j

2. 5 12:\2

8. b 49. g

H. f\

6. 22 ti. 7::1 3. Ill 3. 42 4. 44 ;,, 80

IS.o. 31 1911. 71 99. S8 70.90

1\t'i. 0 I. 3X><.1

112.4

ci"~urnber of bonds represent number currently used; the change in the number does not affect the continuity of series.

,Prices are derived from average yields on basis of an assumed 3 percent 20-vear bond. OFor bonds due or callable in 10 years or more. · \!Includes data not shown separately.

April l!l63 SURVEY OF CURRENT BUSINESS S-21

1962 1963 Unless otherwise stated, statistics through 1960 I

and descriptive notes are shown in the 1961 edition of BUSINESS STATISTICS

1961 1 1962

Monthly average Feb. I Mar. I Apr. I May I June 1 July F~~ Mar.

FINANCE-Continued

SECURITY MARKET8-Continued

Stocks-Continued

Dl\·idend yields and earning•, common stocks (Moody's):

Yield (200 stocks). ______________________ pereent__ Industrial (121) stocks)._ __________________ do ___ _ Puhlic utility (24 stocks) _________________ do ___ _ Railroad (25 stocks) ______________________ do ___ _ Bank (15 stocks) _________________________ do ___ _ Insurance (10 stocks) _____________________ do ___ _

Earnings per share (indust., qtrly. at ann. rate; puh. uti!. and RR .. for 12 mo. endlngench qtr.):

Industrial (125 stocks)..--------------. dollars .. Public utility (24 stocks) _________________ do ___ _ Railroad (25 stocks) ______________________ do ___ _

DiYidend yields, preferred stocks, 14 high-grade (Standard & Poor's Corp.) ______________ percenL.

Priers:

3. 07 3. 04 3.10 4. 94 3.18 2. 31

19.61 2 4.33 2 3. 94

Dow-Jones averages (6ii stocks) ______ ------------ 232. 4·1 lnflu.:;trial (30 stocks)_-------------------------- 691. 5!l Puhlic utility (1 !i stocks) ___ -------------------- 117. lf\ Railroad (20 storks)._._------------------------ 143. 52

Stanilard & Poor's Corporation:d" Industrial, puhHc utilitY, and railroad:

Combined index (.100 stocks)_._ .1941-43=10__ Go. 27

Industrial, total (425 stocks)¥ ________ do ___ _ Capital goods (123 stocks) __________ do ___ _ Consumers' goods (193 stocks). _____ do ___ _

Puhlic utility (.10 stocks) _____________ do ___ _ Railroad (2.5 stocks) __________________ do ___ _

Banks: New York City (10 stocks) _____________ do ___ _ Outside New York City (16 stocks). ___ do ___ _

Fire Insurance (16 stocks) ________________ do ___ _

Sales (SecuritiPs and Exchan~e Commission):

f\9. 99 G7. 33 57.01 00.20 32.83

33. 7!1 70.78 45.42

3. 37 3. 39 3.17 5. 30 3.31

\ 2.48

I 11.10 2 4. 72 2 5. 51

4 .. 50

221.07 639.70 121.75 132.61

62.38

o.>.M 58.15 54. 9fi .>9. 16 30.56

33. 7fi (ifl.l\J 43.35

Total on all registered exchanges: Market value _________________________ mil. $.. 5,317 4,51l1 Shares sold ------------------------millions__ 168 139

On New York Stock Exchange: Market value._--------------------- __ mil.$__ 4, 392 3, 945 Shares sold (cleared or settled) ______ millions__ 108 99

Exelusf\·e of o<ld-lot and stoppe<t stoek sail's (N.Y. S.E.; sales effected). _____ millions__ 85 80

Shares listed, N.Y. Stock Exchange, end of mo.: :\!arket value, all listed shares _____________ hi!.$ .. 358.93

1

339.29 Number of shares listed. _______________ millions.. 6, 7.52 7, 4fl4

2. 99 3. 02 2. 93 4. 79 2. 81 2.13

4. 52

243.07 711. \)!)

127. 45 148. fil

70.22

74.22 68.37 62. 3.1 r,3. 70 34.23

39.09 7ti. 7\l 49.24

3.00 3.00 2. 94 4. 88 2. 97 2.10

10.80 4.4ii 4.69

4. 48

243. 3fl 714.21 129.84 145. 24

70.29

74.22 68.06 f>2. 26 64. ii1 33. 4.>

38. 10 73.41 49.71

3.20 3. 23 3. 02 5. 17 3. 26 2. 28

4. 4.1

237. 42 690.28 129. 2.> 142.29

68.0.)

71.1\4 64.49 60.66 fiR Rfi 32.31

36. 11 70.94 48.42

4. 219 4. 447 3, 91\4 126 135 114

3, Mfi 3. 703 3. 33!i 85 88 79

66 68 65

383. 42 381. 36 am. 77 7, 269 7, 302 7, 343

3. 48 3. 4\l 3. 42 5. 40 3.M 2. 59

4. 4.1

3. 79 3. 82 3. 65 5. 86 3. 74 2. 86

11.10 4. 50 4. 99

4. 52

221.91 198. 94

~~~. ~~ 1 n~. ~~ 134.\10 I 121. 64

02. D9 .15. fi3

f>6. 32 .>8. 17 ,1)!), Sfi iiH. R4 :;o. 11

32.33 6fi. 11 4:l. 79

.18. 32 50. 18 48.98 !)3. 32 28.05

29. 6(1 58. 4.1 38. 3fl

5, 367 6, 728 148 204

4. 649 6, o:l4 3 105 156

111 100

326. 78 298. 97 7, 434 7, 485

3. 5.) 3. 58 3. 40

·'· 75 3. 41) 2. 68

3. 50 3. !)3

3.32 5.65 3. 43 2.63

4. 59 4 .• 15

'!03.10 !i81. 78 11:!. 91 122. 71)

ii6. 97

.19. 61 : ill. OR I 49. 8~ .1.1.fi1 :!8. :!9

31.02 ii9. 88 38.52

4, 291 131

3, 789 99

74

318.84 7,533

208.91 602 .. >1 118. 9:l 121.89

58. 52

61.29 .>2. 91 .>1. 17 5o. 96 28.09

n3.> 61. 9:] 40. 72

4, 117 132

3, 57.1 96

77

324.51 7, 552

3. 69 3. 71 3. 4/i 5. g(j 3. 70 2. 35

9. 50 4. 57 5. 05

3. 60 3. Ul 3. 49 5. iR 3. 62 2. 78

a. 41 3. 45 3. 29 5. 03 3. 36 2. 44

4. 50 4. 49 4. 45

207. S2 .i97. 02 J21l.c3 11\J. 7()

58.00

202. 73 liSil 115 117. 77 117. 58

5!,. 17

60. 67 58. r.r; 52. os 1 sn. 83 .10. 60 49.00 !'it). Hfi ,15. 1)3 27. 68 27. 40

31.33 30.26 61. 2:l .19. Oil 39.79 37.47

3. 393 104

2,930 74

63

308. 44 7, 561

3. 9110 126

3, 518 93

79

309. 23 7, 611

218.35 fl2S. 82 122. 34 130. 29

00.04

f\2. 90 511. 0.1 52. 42 57. (ig 30. 47

32. 37 64.00 41.93

4. 59fl 144

4. 040 107

96

341.14 7, 621

3. 37 3. 41 3.18 .5. 03 3. 27 2. 53

13.00 4. 72 .1. 51

4. 42

227.22 648.:38 127.37 138.98

62.64

H5. 5U 57. 54 .14.1i2 no. 24 32.24

3.\. :l5 fi7. 7l 44.611

3. R~7 103

81

345.85 7, tti)1J

3. 2/i 3. 29 2. 99 4. 79 3.16 2. 41

3.36 3. 42 3.10 4. 82 3.17 2. 47

:::::::: :::::::r:::::: ------------·--I

4. 34

z:-n. !'it (\72. 10 J:J:l. ,,,; 148. 20

6."1. on f\8.00 f,9, 1!) f)(), :)7 mt ;)s :J4.01i

;).'l, ;-)~)

7fl.<ll 47. 17

5. 016 1.511

4, 3.17 117

101

3n:t 2~ 7. O\J2

4. 27

241. 13 n1n. 75 13.5. Rl\ 151. R5

65. H2

t)R. nt 511.93 57. 47 6Ul7 34.59

37. IS 73.29 48.96

4, ~gs 130

I

2:~11. ljj fi/4. f~-) 134. ~~ I.'il. 72

nH. 71 f·~l. 2K 57. ;l!)

fiit 3.=) 34. f,()

:r:. ~tl 72.22 47.9:3

1:::::::: 3. 741 I _______ _

:: j-----~~-354.33

7, 719 1,

ao.o. 9~ 7, n;o

FOREIGN THADE OF THE UNITED STATES

FOREIGN TRADE

Indexes

Exports of U.S. mercbandise:t quantity---------- ________________ .1957-59= 100. _ \' alue .. ___________________________________ .do ___ _ Unit value _______________ ------- ___________ do ___ _

Imports for consumptlon:t Quantity---------- _______________________ .. do. __ _ \ralue ____ --------- _________________________ do ___ _ Gnit value .. _______________________________ do ___ _

Waterborne trade: Shipping Weight

Exports, incl. rcexports§ __________ thous.lg. tons __ Generallmports ___________________________ .do ___ _

Valuet

'108 111 103

9, f\211 13.984

p 10~ p 111 p 103

p 122 p 117

T p 95

Exports (mdse.), incl. reexports, tot.nl, ______ mil. $ .. 1.74!;.8 1.802. 4 Excl. Dept. of Defense shipntellts ________ do ____ 1 ,fi7H.1 l, 741.

Seasonally adjusted* ___________________ do ____ --------

By geographic regions:L. Africa ___ -------- _______ -- ________________ do. __ _ ... \sia ____ ------------------------ _________ do ___ _ Australia and Oceania ___________________ do ___ _ Europe ___ ----------·------- _____________ do ___ _

Northern North Anwrica ________________ do ___ _ Southern North America _________________ do ___ _ South America ___________________________ do ___ _

By leading countries: Africa:

United Arab Republic (Egypt Reg.) ___ rlo ___ _ Republic of South Africa _______________ do ___ _

69.3 3.j2.6 33. (\

536.2

303.6 122. 7 187.3

13.6 19.0

81.7 343.7 39.1

542.7

31\1. 2 129.5 lf)7.1

1\J. 5 18.6

109 113 104

108 104 96

H. R:J3 13,078

1,775.2 1,71:u

1,812.1

Bl. I 331.3

:l3. 0 573.3

273. 8 IH.f\ lli5. 1

24.5 19.2

113 117 104

123 '117

96

8. 847 14,881

l,S~-1.8 1,783.1

l,ti/4.4

so. 8 3.J4. 8

32. 9 5H6. 7

608.2 127. 1 1~6.1\

22.4 19.4

118 120 102

119 114 96

9, 509 14,346

1,~8fi.7 1,803.3

l.802.G

94. I'< :J·ll. K

40.3 557. 4

:l32. I 11!1.1 1~2.1\

2R. 8 2l.fi

'Revised. • Preliminary. 'Quarterly aYerage at annual rate. 'For 12 months ending Dec. ' Note that all figun's on this line are on b"sis of sttles cleared or settled during indicated month; clearances usually occur about 4th day after transaction date.

4 Jan. and Feb. data reflect. effects of doek strike and its aftermath. a" Number of stocks represents number currently used; the chan!(e in number does not

affect continuity of the series. <;?Includes data not shown separately. tReYisions for various periods prior to 1962 will be shown later.

122 125 lO:J

126 '121

96

11,530 17,010

1,\171.4 1,8111.3

1.782.1

79. 7 3.>2. K

41. (i

5SO. ~~

3/H. 5 134. \1 176.0

23. g 15.1

124 126 102

119 114 96

11.114(; 11. 8(i[l

l,Ui4.0 l,H\17 .(i

8R. 7 :J5Y. f\

41.\1 5/'t. 0

370.1 134.1) 185. 4

22.4 22.2

107 Hl9 102

120 114 95

HI, lfiO ];). fl21

l,iOi.~ l,iiHUl

1,7~S.~I

iXG 32G. G

41.7 4~3. 3

313.6 118. 7 150. 4

22. 3 211.2

105 107 102

124 118 95

110 112 102

100 103 102

12\J 123

95

115 118 102 I

'134 121\ r 94

ll8 121 102

121 115 95

I :::::::r:::::: -------+-------

10. 987 10. 906 Hi. 990 c 16. 104

JO. 181 lti, ()3-l

_______ J _______ ------------------------I,ii~l.3 1,t\:l3.:J

1 ,(i87.3

73.6 31\1.!)

3H. t)

iV3. 6

304. 4 127 1 173.5

16. 7 15. 0

1,7fi0.2 l.IH3.211,R.~l.l I.UO:!.O 1,710.0 1,582.ti 1,791.-! 1, ~ti::t 7

u4:L:; 1.492.8 1.ms.2 Is:;s.u

so. a :l3l. 5

52. :l :1-H. H

2110. tl 129.2 171. {i

13.9 19.9

f\0. 1 2S!J. 2

:;G. 6 483.4

:J41. !\ 134. 5 13:). 1

6. 2 14.5

\12.0 3ii2. s

3ti. 9 51i0. 1

H.j. 8 410.1

41. fi 5SO. fi

314. G :J08. H l.ll. 1 1011.6 l,l)i. ,) lt)LS

16.61 11.9 17.9 22. iJ

4],011.0 ,42,104.8 l uno. 4 I: 2,0GO.H

'982. 1 1'2,130f.

1:~. ,1) ) _______ _

1:-<4. ~ i--------17. 7 I

25S.I)

21\S. 0 1-------- -------­H2.0 !

43. ~ j--------1

2. 0 ! 4.3 '-------- --------

§Excludes "special category" shipments and all commodities exported under foreign-aid programs as Department of Defense controlled cargo.

Fncludes grant-aid shipments under the Dept. of Dcf<·nse ;\Iilitary Assistanc<' Pro~ram, as well as economic aid shipments under other prognuns.

*New series. Revised data prior to !fl61 may be obtained from llu. of Census reports. Ll,Excludes "special category" shipments.

S-22 SURVEY OF CURRENT BUSIXESS April WO.)

{lnless otherwise stated, statistics through 1960 -------

1

1961 I 1962 1962 I 1!)63

and descriptive notes are shown in the 1961 l\1 tll I I I I I I I I I I I'

--~-d-it-io_n __ o_r_n_u_s_I_N __ E_s_s __ s_T_A_T_I_s_T_I_c_s ________ ~l ___ "_a_~e-~_a_~e_Y __ ~-F-·e_b_.~_A_·_ra_r_.~_A_I_'r_.-L_A_·I_a_y~l_·_''_n_'" __ ·_L_.r_u_Iy--~A-t-Jg_.~_s_c_'T_'t_._L_o_,_·t_.~_~_-_o_'_·J__n_e_c_.~_.r_a_n_.~--F--"b. ~1ar~ FOREIGN TRADE OF THE UNITED STATES-Continued

FOREIGN TRADE-Continued

Va1uet-Continued

Export~ (mdse.), incl. rcexports--C'ontinue<l By leading countries-Continued

A~ia and Ocf'ania: Australia. including New Guinea .. __ mil. $ .. State of Singapore ______________________ do ___ _

Inola. ___ ----------------------------- .cto .... Pakistan _______________________________ do.--. .T a pan __________________________________ do._-. Republic of Indonesia _______ -------- ___ cto .. --Republic of the Ph!llppines ____________ do ___ _

! I

26 R I :ul 40.2 I 16.3 I

144.91 11.2 27.8

Europe: u.1 Franre _________________________________ do____ . 2 East GermanY-------------------------~0----

89.4 West GermanY------------------------ o ....

U~\~n.-;,r-saviei-sociail~i--R;,IJ,;i,iiCi_-:::~~:::: 0~ ~ United Klngdom _______________________ do.... 94.2

North and South America: Canada _________________________ --- ____ do.--.

Latin American Republics, total \i _____ do .... Argpn tina ____________________________ do __ --Rra7.ll ________________________________ do._-.

Chlle __ -----------------------------do ___ _ C'olom bia ..... ________________________ cto. __ .

Cuha ___ -----------------------------do .. _. Mexico ___ --------------------------do ___ _ Venezuela __________________ ----- __ ---do .. --

303. 6

2R4. 5

3.\. 4 41.2 19.1

20.4 1.1

67.7 43.0

33.4 4. 3

55.7 23.7

117.8 10.0 22. 4

27.3 :J. 8

29.8 12.2

134. 2 n. o

21.0

27. 5 2. 9

4:J." n. 5

130. 7 11.1 n.2

34.9 :J. 7

47. 6 17.8

115. 5 15.3 23. 1

35.2 4. 4

60.8 23.!)

!Hi.~ c• " 0.'

22.5

48.8 56.0 506 55. ll ,\9. 9 .I 0 . I . 1 . 7

89. 7 92. R 101. 2 91.9 lfll. I 64. 0 71. 2 77. 0 57.3 H0.7

1. 3 2. 7 . 2 . 2 4. :J 89. 6 100. 2 91. 1 85. 2 84. 3

319.1

268.5

31.2 35.4 1-1.2

18.9 1.1

G5. ~ 39.0

273.8 308.2 352. 1

255. I 278. G 274. 4

3:3. 6 42. 2 40. 5 30. () 32. 5 29. 4 17.6 15.:l 14.2

20. 3 23. 6 22. 6 (l) .I (l) 62. 1 59. 2 55. 2 35. 7 -!1. 8 50. 1

370. 5

283. 4

32.6 42.0 12.3

21.9 (I) 74. 8 37. 4

35.2 .1. 4

6K 2 :ll. 9

117.2 11.2 2:!. R

50. :J .1

95.3

72. ~~ 2. 8

77. 8

:JiO. I

291.9

37.8 4:?. 9 12.3

22.2 (l) GO. 0 41. 1

35. 4 3. 3

75.0 35. 7

U6. 9 7. 0

21. 7

33.4 4. 1

57. 0 28.9

102.1 9. 3

21.5

45 5 5 .. 1

53.0 :J0.6

109.7 12.2 23.8

35. 7 .1

82.0

40.3 46. 8 .1 .I

84.2 85. 1 48.7

1.0 S3 6

58. g 58. 5 1. 4 . 7

75. 6 110. 8

313.6 304.4

243. 4 274.5

29.4 32.5 3:l. 4 :J9. I II. 2 16.7

17.4 208 I') 0 59. 9 64. 8 32.2 38.0

290.5

272.3

24.1 :JG. 5 17. 9

20. I (l)

G2. 9 ·10. 9

30.9 2. 9

51.3 17. 9

95.0 11. 3 19.3

37. 2 .I

77.9

613 4

89.2

3415

237.9

19.1 32.3 12.2

12. 1 (1) 71. ,1-,

33. (j

Exports of U.S. merchandise, total, __________ do ___ _ 1,726. 4 1,7i9. 9 1,754.2 1,1'22.5 1.snz.o 1.945. 2 1,~52. 3 l.li89. 8 1.660. 9 1.741. 3 1 ,592. 9

Rb~~~~o,;','~~r~1i~~~e~:- _________ - ------------do.---Crude fooctstuffs ________________________ cto ___ _ :\fanufactnred foodstuffs and be,·eragcs ... do .. --Scmimanufacturrsd' .. ___________________ do ___ _ Finished manufacturesd' -----------------do. __ .

By principal commodities: Agricultural procturts, total \i ____________ do ....

Cotton, unmanufactureii__ _____________ do .. --Fruits, vegetables, and preparatlons ____ rlo ___ _ Grains ann prPparations ________________ do ___ _ Packinghouse products ______ . __________ do. __ _ Tobacco and manufacturesf'; ___________ <lo ....

Nonagricultural products, total \i --. _____ do ___ _

Antornohilrs, parts, and arc€'ssorif's _____ rlo ___ _ Chemicals and related products§ _______ do .... Coal anct related ftwls __________________ do ___ _ Iron and steel products _________________ do ___ _

212.0 158. I 9.1. g

273.9 986.5

418.7

73.7 :l2.9

157.8 27.4 41.6

1,307.7 100. 1 143.8 29.1 68.7

18(i. 2 IG7. 3 113. s 25:3. i

I. 058. s

419.3

44.8 3.1. 8

170.7 2.1. 0 40.9

1.360. 6

113.5 149.5 32. I 50.9

Machinery, total§? ____________________ rlo____ 395.9 432.9

AgriculturaL. _______________________ do____ ~~: g ~~: ~ Tractors, parts, and accessories _______ do ___ _ ElectricaL ---------------------------do____ ~6: r ~~~: ~ ~'h~r;:>,I~~~~lc_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_:::~~:::: 1ss. 9 201. 6

Petroleum and products ________________ do____ g~: ~ g?: ~ TextilC'S and manufactnrt?s _____________ rlo ___ _

lfifi. R 175. R 108.5 2.,:J. 2

1,049.9

410.8

52.7 ao. 4

HIO. 3 24. 5 27. 2

1,343.4

110. 5 142.0 25.0 50.9

403.3

12.0 28.5 90.4 47. 7

194.7

31.4 M.2

1G9. 1 177. 3 122.0 2.14. 1

1,100.0

161. R 171J. 9 107. 7 2.1.1. 0

1,1()0.6

428. 0 410.9

53.8 42.6 :J4. 3 30. 7

189. 4 182. 4 2.'l. 5 25.0 :H. 9 32. 8

1. :w4. s 1,451.1

1!2. 5 119. 8 151. 3 158.5 24. 9 28.3 48.5 49.0

440. 1

14. I :JO. 2 98.8 48. 1

217.1

33.7 61.8

461.4

16.5 34. 4

113.4 39. 1

219.9

39.8 63.1

tna. o 2J.5. 0 127. 5 257.0

1, 152.7

473.3

liO. 4 37 8

219.2 :n. ,I 31.2

1,471.8

121.9 155.2 37.4 54. 6

476.1

17. 6 3S 5

117. 1 4n. 6

219.5

38. I 59.0

20!. 0 190. I 1'27. 8 2n4. o

1, JGo.4

470.8

59.0 39. a

188.4 36.7 40. 2

1,481.5 ll:l. (j 158. X 35. 3 50.7

492. 0

16.7 34. 2

115. :J 50.5

241. 4

a1. 7 59.9

192. 4 153.3 106. 0 227. 3

1,010.7

402.0

G6. 2 34.0

151. 5 2-1. 7 36.3

l,Z.::/.8

91.0 141.9 30.6 39.3

423. 3

14.9 31.3

105.1 40.9

193.6

3i. 4 48. I

154.4 153. I 109. 7 2fi5. 5 978.2

359.4

19.9 :!5. 7

152.7 23.2 37. s

1,:l01.5

88.1 149.5 41.3 59.4

412.5

12. 1 29.4 98.6 41.3

205.5

39.6 59.2

General imports, tota10 ... ___________________ do .... 1,226.1 1,366.4 Seasonally adjusted*0 ___________________ do ____ -------- --------

1,222.7 1,315.4

1,381.4 1,339.3

1,332.() 1,4.12.1 I,:l48.1 1,:137.2 1,356.0 I ,363.8 1,386.4 1,342.4 1,361.8 1,36-1.2

By geographic regions: 0 Africa ____________________________________ do ___ _

Asia .... ---------------------------------do ___ _ Australia anct Oceania. __________________ do .... Europe. ___ ------------------------------do .. __ Northern North America _________________ do ___ _ Southern North America _________________ do ___ _ South America ___________________________ do ....

By leading countries: 0 Africa:

United Arab Republic (Egypt Reg.) ___ do .... Republic of South Africa _______________ do ___ _

Asia and Oceania: Australia, including New Guinea _______ do ___ _ State of Singapore ______________________ do ___ _ India. _________________________________ do. __ . Pakistan _______________________________ do. __ _ Japan ______ . ___________________________ do. __ _ Rrpuhlic ofindonesia __________________ do ... . Republic of the Phllippincs ____________ cto ... .

Europe:

'5n.O 63.2 2Jfi. 2 '247. I 2n. 7 36.6

' 345. 0 385. 3

r 57.1 '201. 3

2(), 4 367.3

5fi. 9 T 227. 5

r .~1. 7 398.5

' 272. (i ' 304. 9 ' 240. 8 ' 291. 8 ' 113. (j ' 123. 1 ' 129. 3 ' 137. 2 r 196. 6 r 204. 1 r IUO. 7 r 216. 8

2. 9 17. 4

15.4 1.2

21.0 3. 1

87. 9 13.6 26. 4

2. I 21.4

24. 4 1.2

21.3 3. 5

'113. I '11. 2

27.3

3.0 18.3

!G. 4 1.8

20.4 5. 7

77. 8 12.4 Ll. o

2. 0 17. 1

'33. 7 1.1

20.3 4. 5

103.9 9 .. 5

21.6

8.1.8 '242. 0

29.2 r 376.8

07.8 '26.1. 1

27.2 '416. 4

2fl2. 7 r 321). 4 123. 7 141. 6

, 181. 'I , 206. 0

.5. 8 2. 6 27. 0 22. 7

19.5 .9

26. (I 4.0

106.2 12.4 27.1

16.2 .9

22.0 3.1

113.7 12.(1 37.4

r 61.8 242. tl 34.2

r 3H2. 7

'338. k T 107,6 r Imi.3

3. 2 Hi. g

HI.! .8

16.1 2. 3

110. 7 11. 3 31.2

66.4 T 2(}2. 7

31.9 '3ti6.1

313.3 10!1. 1 1~0. I

3. g 18.8

22. n 1.4

21.3 3. 0

'120. 0 12.9

'40. 3

'50. 4 261).8

46.7 361.5

'318. 0 r 109.5 , Inn. 7

.9 15.6

28.8 1.2

19.2 2. i

'131.8 U. g

32.6

181i. 6 152.9 111.7 279.0

1,012.2

396.2

23.2 37.7

15:3. ,lj 23.4 75. 6

1,345.1

113.0 158.1 38.8 61.2

406. 7 9. 9

26.4 99.7 42.5

1\)6. 6

43.5 5(1, 2

1,341.7 1,476.4

62.9 '258. 0

37.4 '3G7. 6

'302. 5 '105. 0

207.0

1.1 28.6

25.0 . 7

24.2 2. 7

'129. 7 '8.9

'22. 9

197. 5 140.3 I05. n 214.9 934. 7

389.2

21.8 46.1

13G. 7 21.0 44.5

I, 203.8

118.0 128.2 39.4 42.9

389.5

10.5 27.9 95.4 40.0

185. 7

30.2 51. I

1,438.9 1,318.9

58.2 256.5

3fi. 3 417.9 325.4 111.9 231. 7

.6 23.6

23.4 . 9

20. G 2. g

128.5 9. 8

23.9

32.8 5. 3

()f).l

28.8

121.9 5. 5

23.4

47. 3 .4

87.5

70. 7 . 7

97. 9

314. 5

278.9

23.8 :J4. 0 13. k

14. 2 (1) t-\:).;) -111.,\

l.b24.3

2:13.6 144. 5 122. 7 241. g

1,081.7

450.4

41. I 35.3

144.3 24.8 55.4

1,373,9

142.4 148.0 35. 7 49.9

443.6

9. n 27.8

117. {) 44. 2

209.7

36.2 58.9

1,451.6 1,431.7

60.7 262.2

45.3 419.9

338.9 129.1 1\)3. 6

. 4 23.3

33.2 1.2

20.7 3. 2

123.6 \l. 7

26.6

3.1. 0 S. 9

71. 7 27.0

138.8 6.6

2.1. ,1

56.6 .1

103.5

70.9 .3

99.7

308.8

282.2

21.6 40.9 13.9

13.9 13.0 09.S 42.3

1,876.8

212. 4 180. 5 108.9 27S. 6

1, 0!!6. 4

4Gl. 9

52.0 37.9

180. 1 19.4 .14. 6

1,415.0

131. 1 15R. 8 28.3 47.2

458.1

13.2 27.9

ll5. 6 49.2

215.9

42.1 ()3. 6

1,366.5 1,371.9

66.0 236.7 40.9

388.6 295.8 127.3 210.2

1.2 16. 9

31.1 .7

22. ,\ 3. 1

I\R.1 11.0 27. ()

i

:HI I > 11.0 -------- --------II. 0 ~-------· _______ _

(,3· g 1:::::::: ::::: 43.8

31.; ~~~~~~~r:~-~~~ 4i. 6 -------- --------

268.0

119. 5

3. 0 9.0 2. 7

4. 2 10.0 ,\]. 2 }.!). 7

::::::::1:::::::: --------;--------

--------1----------------1---------------- I ______ ----------~--------

992.1 I ~.081. 0 :--------

102.3 22<\.71--------71. i 1~7. 7 ·--------68. 51 1:JO. 6 ' _______ _

131.91 294.9 i--------617. 6 I. 231.2 1--------

202. o 1 4::~ ~ 1

_______ _

---~~~~- ---~!~~-~~~~::::: --------1'--------

8. 5 3,,, 0 ~--------

790.1 ]. '182. 7 1--------:::::::: ::::::::~=::::::: :::::::: ::::::::[:::::::: -------- --------i--------

9 6 1.1. r; 1--------16.1 :{4. 9 1--------

----------------1--------14.0 49 .. o :--------

-------- --------~--------

-------- --------1--------1.1lfi. 711.31<9. 5 ! _______ _ 1,093. 2 I, 4\13.2 '--------

4~ ~ 12~r ~ ~~:::::::: 2.\6.3 393.0 --------

282.6 i~~: ~ ~~======== i~~~~- 207.-"i-----

. 2 1. n ; _______ _ 11. 2 2(i.:.::. 1----

1ti.3 1.1

16. 5 2. 0

109.31 7. f) 13.8

41.0 1.2

32. I :1. 2

Hl4. 4 12 i 2.-l. -t

France _________________________________ (lo ___ _

East Germany ____ -------------------- .. do. __ _ 36.3

.2 71.3 31.3

1.9 T 74. b

3!\. 7 .3

'80. I 37. I

1.3 X3. i

39.8 .1

r /6. 2 31.;;

,()

T 74.6

35.6 .5

'80. 3 39.0 16

85. 4

33.2 .4

7!). g 33.0 1.71

82.4

'38. 2 '34. R 36. 5 32. 0 3!. 0 36. 5 36. 7 31. S HI. 3 :n. <i .2 .2 .I .2 .2 .2 2 .2 .2 .I \Ycst Germany--------- ________________ do. __ .

Ita! y _____ . _____________________________ do. __ _

Fnion of SoYiet Socialist Republics. ___ do ... . United Kingdom _______________________ do ... .

r Rc•yi~C'd. 1 Lrss thrm %50,000. tRrvisions prior to Jan. Hl62 for exports and prior to Feb. HJ()2 for imports will he shown

latc·r. \? Inelndro dat n not shown separately. ,sec similar note on p. S-21. d"Datn for sf'mimnnnfnrturrs rrportrd as "sprrial cntl'~ory, typp 1" nre indudpd \Yith

finish(·d rnannfnrtnrrs.

so.7 7r-..n '74.3 '79.9 83.1 s3.o m.o u2.2 fil.:S -:-;.o 37. 5 '3.\. 9 3fl. 3 41. 7 '37. 5 43. 0 43. (i ill..\ 23.9 'l3. 0

, \13: ~ 7~ i 8l ~ s6: ~ 7?: /1 n~: ~ ' 1A ~ 7~: ~ .14 6 ~<4 3 2,:\Ianufactures of tobacco are included in the nonagricultural products total. §Excludes "special category, type 1" exports. *:--Jew series. Da1a prior to Au)!.

1960 may lw obtnirH•d from Bur<'nu of c,•nsus r<'Ports. 0 Effeetin \Yith tlH' .-\.pr. 1\162 Rl'RVEY, th<' import totals and appropriatP componc•nts refll'rt revisions to int'lud{· uranium On' nnd <'OTH'<·ntrntt•s. For certain fi'C't>nt months, thC' dnta by rrgions and C'OUlltriL'S (•xdnde import:-: Imidl'ntifie<1 hy nn•a of ori¥in. (8re r!lso note 4 for p. S-21.)

April l!.lG3 SURVEY OF CURRE~T BUSINESS S-23

19G2 Unless otherwise stated, statistics through and descriptive notes are shown in the edition of BUSINESS STATISTICS

1960 \ 1961 ~~~-----1961 ------

cvlonthly I ! average Ft'b, :\!ar. I Apr. I ~lay I June I July I Aug. I Sept. I Oct. I 1963

! :\"ov. I nee. -J-an-.-,.--F-ch-. 'J_J\_I_ar-.

----------------------------------FOREIGN TRADE OF THE UNITED STATES-Continued

FOREIGN TRADE-Continued

Valuet-Continued

General Imports, by lending countrles0-Con. "'orth aml South America: Canada _______________________________ mil. $ __ '272. 5

Latin American Republics, total<;! ____ _clo ___ _

~~;~ll~~~~~=====================::::==~l~==== Ch!Ie. ___________ ------- _____________ <lo ___ -Colombla ____________________________ do ___ _

We~~giii.=-~~=============::::::::::::3g::::

267.8

8. 5 '46. 9 "l!'i.3

2:3.0 2.9

'44. 8 '74. 8

r 304. 'j r 240. 7

' 282. 2 ' 279. 0

8. 8 7. 3 45. 1 47. 5 15.9 12.9

•22,9 19.6 . 6 2. 1

•48.2 56.4 rS1.3 r"jJ.O

'291. 7

r 311.5

9. 6 40.0 22.2

18. 5 .6

57.8 '92. 6

2'J2. 6 ' 326. 1

'263.8

10.2 '38. 8

11.4

18.3 (1) 61.2

T 79.2

'306. 7

8. 0 '41. g

27.7

'23. 2 .2

59.1 r 79. 2

'338. 5

'266.8

'9.8 3.1. I 19. G

20.4 \I)

r 36.7 '85.1

313. 0 '317. 6

255. 0 ' 259. 6

7. 7 n. 0 37. 7 44. 2 20. 2 4. g

22.9 '29. 6 (I) (1) 36.0 33.1 66.2 '80. 2

'302. 0

262.3

9. 4 48.2 9. 9

31.8 (I) 34.6

'75. 5

I I

325.31

294.61

7. 9 42.5 21.3

38. g (1) 42.0 80.4

338.7

274.7

9. 6 53.\) 8. 4

14.5 0

51. I 77. 1

295.'

288.9

10.8 50.7

7. 6

19.5 (1) 49.6 90.3

282.5

243.6

5. 9 2fl. 4 11.3

12.0 (1) 49.6 89.2

267.1 --------

298 51--------13.2 --------52.4 10.1

~2. 7 (1) 50. n 82. R

Imports for consumption, total0 _____________ do ___ _ 1,221.4 1, 354.9 1,208.2 1,36i.2 1,325.3 1,411.2

• 286. I r 154.0

1,320.1

'288. 9 '126. 6

1,330.3 1,368.5 1,345.4 l. 424.1 I, 469. 7 1. 33fi. 4 1,139. 2 1. 367.0 By economic clnsses:

Crude materials __________ -------------- .. <1o_- --Crude foodstuffs_--------------------- ___ do ___ _ Manufactured foodstuffs and beverages __ <lo ___ _ Semimanufnctures ______ ----- -- ___ -------do_---Finished manufactures ____ ---- ____ -------do_---

By principal commocl!ties: Agricultural products, total<;!-------- ____ do ___ _

Cocoa (cacao) beans, Incl. shells ________ do ___ _ Coffee __________________________________ do ___ _

ru~~~~~~~~~-~~·-~~~~~~!~!-~~-~~~!~:=====~~==== Wool and mohair, unmanufactured ____ do ___ _

r 2fi2. () '143.1

133.5 '259. 0 r 42:). 2

'307. 6

'13.4 80.3 18.0

r 3g, 2 16. 5

• 27~. s • 2.o7. 1 • 2so. 1 r 14R 1 1.18. 5 r 14f), 4 '14('. 8 104. 2 '14<1. 6 r 282. 7 r 261. 7 r 303, 7

49!;. g ' 426. 7 ' 487. 2

' 323. 0 ' 2\19. g ' 325. 7

11.0 '82. 5

19.0 '42. 4

17.4

11. I 94.2 18.5 22.5 18.0

12.4 '7fo. 0 r 16.7 '33. (\

20.7

r 267.2 r 15it 7

13:1. 8 28.o. s

'484. g

'312. 7

17.2 T 7.r'i, 2

18.5 38.2 16. I

160.8 '298. 4 'foil. 9

144. 3 2Gfl. 0

'491. 3

' 335. g ' 288. 0

12. (i '82. 2

21.1 58.3 15. 7

Hi. 7 63. g Hi. 0 46.7 16.3

r 27().8 132.5

'1.10. 8 '280. 7 '489. 4

r 2~18. 8 136. 1 147.8

T 281.1 r 504.7

T 27ft, 4 '136. 3

160.9 • 2G8. 3 '504. 5

264.3 145.7 176.3 276.4 561.5

2'J6. 3 !58 2 187.0 288.9 539.3

25'J.3 169.0 159.6 26S. 0 480. 5

2G2. 3 114.0 94.4

256.2 412.3

209.1 170. R 1!'12. 2 2R'l. G 191.2

300.4 '330. 2 '3!3. 1 333. I 359. I 3M. 2 232. 6 374. 0

17. f, 70.4 20. 7

•54.9 13.1

10.0 83.3 19. I aG. 4 17.0

3. 5 '87. 2

16.9 45.2 14.6

4. 4 83.3 17.3 49.9 17.6

4. 8 84.1 21.9 54. I 19. 4

fi. ~ 98.2 19.:l 43. 2 20.7

7. ~l

ni 1 17.7 14.4

20.4 RR. f, 2(), :~

41.7 2~. ri

Nonagricultural products, total<;> __ • _____ <lo____ '013. 8 •1,032.0 '908. 3 •1,038.5 •1,012.6 •1,075.2 :1,032.1 •1,029.8 •!,038.2 •1,032.3 1. 091.0 l. l!O. 6 985.2 906.6

Furs and manufactures ________________ <lo____ 8. 4 Iron and steel products _________________ do____ 37.7 Nonferrous ores, metals, and mfs., total<;>

mil.$.. 89.1 Copper, Incl. ore and manufactures .. clo____ 23.2 Tin, Including ore ____________________ <lo____ 9.!!

Paper base stocks ______________________ do____ 27.7 Newsprlnt _____________________________ <lo ____

1

.o7. 2 Petroleum anrt procturts _______________ <lo ____ '13f\.ll

9. 7 47, 4

2f)T).fi

22. 7 9. 7

30. I ',)8. 0

r 147. ;~

'15. l 11.7 38. G 46. 1

• s.o. 3 • 100. o 21. n 25. o

7. i) 12.9 30.9 30. I

r 47. 7 ."ifi. 0 '141. 4 • lc>2. 8

10.5 43.9

'101. 7 22.1 11.0 29.1 li4. 6

'l:J3. 5

S. 9 i\G. 6

101.0 23.6 12.5 30.4 61.7

'13\l. 8

6. 2 51.4

r S9. 5 T 23. 7

8 'J 30.4 n:1. n

r 141. f)

5. (; '51. 1

2103. g 21.6 8. 4

27.8 ,')7, 7

'140. 2

6. 6 53.7

T !}(), 1 20.6 R.3

31.8 T 57. 7

'142. 1 I

7.0 41.2

89. G

2g: ~ I 29. s 1

53.2 i • 146.2 I

5. 4 47.6

93.2 17.6

6. 7 33.6 68.6

127. 1 '

.5 .• ) 49. (I

114. 5 24 .. o 10.3 31.2 .oR. r, I

169. g

17. 7 43.3

R2. 0 22.7

7. () 26.6 liO.:l

15!\. 7

7. 8 R. 8 _______ _

4;1. 7 4fl. 9 -------

TRANSPORTATION AND COMMUNICATIONS

TRANSPORTATION

Air Carriers

Scheduled domestic trunk carrlerR: Financial operations (qtrly. avg. or total):

Operating revenues, total<;! _____________ mil.$ __ Transport, total<;! ----------------------do ___ _

t~i~:~;~==~~======:::::::::::::::::~~:::: Operating expenses (Incl. depreclation) ___ do ___ _ Net Income (after taxes) __________________ do ___ _

Operating results: Miles flown (revenue) ___________________ thous .. Express and freight ton-miles flown ______ rlo ___ _ Mall ton-miles flown _____________________ do ___ _ Passengers originated (revenue) __________ do ___ _ Passenger-miles flown (revenue) ___________ miL.

Express Operations Transportation revenues ____________________ mil. $ .. Express privilege payments __________________ do ___ _

Local Transit Lines Fares, average cash rate§ ____________________ centl' .. Passengers carried (revenue) __________________ miL. Operating revenues (qtrly. avg. or total) 6 .. mil.$ __

Class I Motor Carriers (Intercity) Carriers of property (qtrly. avg. or total):

514.8 509.6 461.2 32.2 12,9

512. 4 d 6. 0

57.450 37,1Rl 12.248 3.81.5 2. 475

a gz_ 2 a 29.1

19.6 604

347.4

Number of reporting carriers_____________________ 4 905 Operating revenues, totnL ________________ mil. $ •. 1, 2:H. 4 Expenses, totaL ____________________________ do ____ 1.185. 4 Freight carried (revenue) ______________ mil. tons.. 71. G

Carriers of passengers (qtrly. avg. or total): Number of reporting carriers ____________________ _ Operatin~ revenues, tota]. ________________ mll. $ .. Expenses, totaL ______________________ --- ___ do ___ _ Passengers carried (revenue) ________________ miL.

Class I Railroads Freight carloadings (AAR):ci'

Total cars ______ ------ ________ --_.--.------ tho us.-CoaL------------------------------------do ___ _ Coke _____________________________________ rio ___ _ Forest products. _________________________ do ___ _ Grain and p:rain products ________________ do ___ _

4 141 120.5 104. ~

.16. 3

2. 3b2 424 29

156 237

59,409 45,296 Ia, r.so 3, 9116 2. 6f)7

3 95. f~ 3 2\l. 3

20. I fl!H

34H. 9

54, 557 37,540 12,140 3, 591 2,344

19.9 554

543.3 -------- --------

488.8 33.8 13. 7

555. 4 "17. 0

62,745 4.5, 587 1-1,360

4,107 2,677

89.9 2f>. 3

20.0 619

340. 7

61,754 43,381 13,422 4, 296 2, 746

62, 820 4f>. ()14 14.0411

4. 145 2. (j62

20.0 20.1 610 G39

597.4

!i3S.il 3f). 4 14.3

.1(i1.0 H. 4

r.o, 2so 44, 278 13,064 4, 2Sfi 2, 963

!lo. 3 29.8

20.1 .oSO

357.7

55,689 39,734 11,851 3. 710 2. 660

20.1 538

58,283 47, 556 12,978 4,164 2. 929

20.2 561

'559. 3

-------------------------------------------- =!======== ========

'528. l

58,182 48.228 12,512 3. 968 2. 703

62,562 .53. 927 14,275

4, 114 2. 655

57.630 49,340 13, 587 3, 871 2. 458

94. l -------- --------27.9 -------- --------

20.2 571

331.3

1

20. 2 2\l. 3 f>38 608

58.677 47,927 18,026 3, 7:22 2. 586

61. 9141 56,488 437lfo 40,255 ~~·756! 12,799 4. OOH I 3, 706 2>55

1

2,453

lgt~ :=:====t:::::===:=:=:= 20.3

0U4 365.8

20.3 587

20.3 --------535 --------

-------- -------- 1.010 -------- -------- 992 -------- --------1,278.0 ---------------- 1.3,10.3 -------- -------- 1, 242.9 -------- -------- I. 276.7 ________ ________ :-n. fi ________ ________ 7o. a

142 104. g 99. H 51.2

141 132. 7 112. 2 58. 0

....••••••..•.•.. wl'! • : : •••••••• ~·~ ~~:;b --------==:::::=:=:=:=:: :=::::==!==:::::===:::::=

2. ::l!i3 439 30

158 231

2,141 413 36

!53 227

r 2, 721 497 44

191 264

'2. 251 399

33 147 20G

2. 339 410 2i

1.07 Hlfi

2. 885 2, 043 2. 300 2, s:.2 2. 429 2. 251 2. 470 l, 908 2, 031 ~ m m ~ ill m m ~ ~ 29 19 I 23 30 24 24 3~ 27 29

185 138 : 15\ 184 Ifill 142 lfl5 1:32 139 21s 216 1 214 1 254

1

• 236 24; 241 181 213 I I J 1 I

2, filii 4~7

38 1i<H 273

• Revised. d Deficit. < Less than $50,000. ' Brginning July 1962, includes data for §Revised effective Jan. 1960 to reflect fares charged In U.S. cities with a 1960 population of 2E:i,OOO or mon•; revi::ions for 1960 arP shown in the ~ov. lY61 SUHVEV. refined bauxite (imports for 1961 totaled $11.1 mil.). 'Quart<'rly nYern~c. 'Number

of carri('rS ftling complete reports for 1961. ~ Excludes intra-Alaska and intra-Hawaii. t See similar note on p. S-22. 0 See similar note on p. 8-22. I' Includes data not

shown S('parntrly. .6.R(·Yi~ions for Hl61 nr(' tl\'nilnbl(',

Q'1Data for l\'fnr., June, Sept. and D<'C. 1962 and ~far. H~C.3 coYer .1 weeks; other lnonths, 4 ·wrpk~.

S-24 SURVEY OF CURRENT BUSINESS April 1063

Unless otherwise stated. statistics through and descriptive notes are shown in the edition of BUSINESS STATISTICS

::r.l ·~:;)~~., I[--F-•c_b __ _,,-A-I_a_r_-.,-A--p-r.-.,--~--a,-.-,.-J-u_n_e-.,--:-::-:-.~--A-u-g-.',.-s-e-p-t.-.,--O-ct-.-.,--N-~-v-.'I,-D-e-c-.-I--J-a-n-.~~--:q-~6-:-.•,--~-r-ar-.-TRANSPORTATION AND COMMUNICATIONS-Continued

TRANSPORTATION-Continued

Class I Railroads-Continued

Freivht carloadings (AAR) cf'-Cont!nned Livestock ___ ..... _. ___ .. __________ . _____ tho us .. Ore. __ ------ ______ ------- ________________ do. __ _ Merchandise, l.c.L _______________________ do ___ _ Mlseellaneous ____________________________ do ___ _

Freight carloadings, se~s. adj. indexes (Fer!. R.l:t TotaL ___________________ ---- __ --- .1957-59~ 100 ••

Coal _____________________________________ do ___ _ Coke _____________________________________ do ___ _ Forest products ...... ------------. __ ._-- .rlo. __ _ Grain and grain products _________________ do .... Llvestock ________________________________ rlo ___ _ Ore ______ ---------- ____________ . _______ .. rlo. _ .. Merchandise,l.c.L _______________________ do ___ _ Mlsrellaneous ____________________________ do ___ _

19 145 12I

I, 252

I VI 87 78 95

104 71 83 61 92

Financial operations (qtrly. avg. or total): Operating revenues, total?-------------- .mil.$ __ 2, 297.3

Freight_ ---------------------------------rlo ____ 1, 934. r, Passenger ________________________________ do____ L'>D. 2

O~erat!ng expenses _________________________ rlo ____ I. RI8. H Tax accruals and rents _____________________ do____ 344.3 Net raHway onerat!ng lncome ______________ do.... 134.4 Net Income (after taxes). ___________________ do____ 95. G

Orerating results: FreJghtcarrle<ll m!le (qtrly.) ______ h!l. ton-miles .. 2 144 .• o Revenue per ton-mlle {qtrb. avp-.L _______ rents .. 'I. 374 Passengers carried 1 mlle, revenue fqtrly.) .. mil.. 25,072

Waterway Traffic

Clearances, vessels in foreiRn trade: Total U.S. ports ________________ thous. net tons ..

Foreivn vessels ___ .-.--.-. __ .--.---.--- ... do .. -. United States vessels _____________________ do ....

Panama Canal: TotaL--------------------------_ thous. lg. tons ..

In United States vessels __________________ do ....

Travel Hotels:

Average sale per occupied room __________ dollars __ Rooms occupied .... ------------------% of totaL_ Restaurant sales index_ _____ same mo. 1951~100 ..

Foreign travel: U.S. citizens: Arrivals .... ________________ thous ..

Departures ___________________ do ___ . Allens: A rr!vnls _______ ----- ___ ---------- __ .<lo. __ _

Departures __________ ----- _________ .do. __ _ Pa~sports is.suerl ancl renewed ______________ Oo ___ _

National parks, visits § _______________________ do ___ _ Pullman Co. (qtrly. avg. or total):

Passenger-miles (revenue) ___________________ mi\ .. Passenger revenues---------------- _____ thous. $ ..

COMMUNICATIONS

Telephone carriers: Operating revenue..<:; 9------------------ ___ mil. $

Stntion revenues _________________________ oo ___ _ Tolls, rne._~sage ___________________________ do __ , __

Operating expenses (before taxes). _________ cto .... Xet opernting income Q ___________________ do ___ _ Phonr-s in service, end of year or mo ________ rnil __ _

TPlPgraph, cahle, and radiotelegraph carriers: Wire-telegraph:

Opernting revenues ___________________ thous. $ __ OpPrating expenses, incl. depreclntion ____ do ___ _ ~et operating revenues .. ___ ------------ .do.---

Ocean-cnhlc:

14.073 11, 411 2, Gfi2

5, 445 823

9. 23 62

112

174 lfi~ III 93 71

2, 323

761 12, 57i

740. 7 414. 4 2.o2. o 441.4 I2fi.H 67.6

22,I44 20,004

1,02\)

Operating revennes _______________________ do____ 3, 023 Opernting expense.s, incl. depreciation ____ do____ 2, 452 Net operating revcnues __________________ do____ 240

Radiotele~rnph: Opera tin)! revenues _______________________ do____ 4, 471 Operating expenses, incl. deprecintion ____ do ____

1

r 3, 45:~ ~et operating revenues __________________ do____ T k:ll

CHEMICALS

Tnorg-nnic chemicals, production:t Aretylene _____________________________ mil. cu. ft._ Ammonia, synthetic anhydrous (commercial)

thon.s. sh. tons __ Cm·bon dioxide, liquid, gas, and solid _____ do ___ _ Chlorine, gas----------- ____________________ do ___ _

Hyrlrochloric acid (100% HCJ) _____________ do ___ _ :\itric acid (100% HNO,). __________________ do .... Oxy~en (high purity) _________________ mil. cu. ft.. Phosphoric acid (100% p,o,) ____ thous. sh. tons __

9()8

433.9 76.0

3R3. 4

75.8 281.6 6, 555 187.8

IS 144 97

1, 27i

I 92 no 81 97

101 67 83 49 94

14. 913 12, Ooli

2, 847

5. 490 S5ti

9. 35 61

112

195 I91 125 IO:l 7()

2.G7~

726 12, 07()

792.0 440.0 ::?70.4 4tiS. 2 13\l. 6 70.8

:?2, 010 20, Hl7

5~2

:1.1'13 :Z, .54:Z

J5:J

4, tli5 3, ti75

817

11 62 96

1, 112

97 90 98

104

110 64

112 53 98

12. fi79 JO.Ifil 2, 518

5, 290 855

9.17 63

114

145 1.18

86 f\8 1\1

693

749 .. o .t2tl. 7 244. () 4:W. 2 127. 9

6X. I

17 89

12!i '1. 49.1

97 92 96

102

105 73

114 52 97

17 100 97

1, 2.1!

96 98 93 98

107 79 83 52 98

16 194 94

I, 244

94 93 80

101

103 70 87 51 95

2. 295.7 -------- --------1, \J5:l. 6 -------- --------

144.8 -------- --------1. R30. 4 -------- --------

352.8 -------- --------112.6 -------- -------­tiG.O -------- --------

148. 2 1. 3!i4 4. 4GO

13,916 11.350 2, 565

6, 200 976

8. 87 113

123

185 17!1 112

>-:I) 9:3

761

770 12,873

790.6 432. 9 278.3 470.6 132. I fl8. 4

14,04:\ 11, :l29 2. 710

6.103 832

lfl,396 1:1.14:1

3, 2fi3

9. 67 9.110 64 (i4

108 125

170 17~ 183 183 121 129 95 100

107 12.> I. 357 I. 9~1

7x:1. :; 4·;;,_ 4 21\7. 4 4:i.l.\. ;i ]3:\, 4 us.()

790. R 438. 8 278.11 475. I 134. 5 68. u

21,220 22.649 18, 7H5 20, 2ft2

455 1 971

21, U'-'!J Hl.!i14

1.01:1

23.011 :20. 76~

81>1

2. 8\131 2, .117

6\)

4, 3421 3, 361 810

3. 220 2, f)\Jt

t. :~~ I 3, 014 1. uo;,

2. S"i3 2. ~!i;~

Hfi

1. 41;11 I :{.tl:Hi I

;:m I

3.1-t5 2. ·'''~

'257

4. sox 3. 6\1\1

9Iil

13 275 I[(\

1. 480

90 87 71 tl5

94 ,1)2 87 .>I 92

9 212

Rli I, 102

!JO 87 fl9 94

81 56 84 49 93

12 203

90 1,169

90 92 77 95

98 02 79 47 91

2. 407. n _______________ _ 2. 046.3 -------- --------

1!i7. 0 -------- --------1.88:1.1 -------- --------:m. 9 -------- _______ _

].)2. 9 -------- -------­}(l:'i.l ----------------

1.)-t.fi 1. 3ii2 5. 037

!.>. 91i7 12.817 3. HO

5. 684 828

9. 64 63

116

204 304 130 122 114

4, 861

i07 11,6\14

701. 1 .tao. 7 209.1 4.>R. 8 1:1s. a fi9. 0

:.?2. ;{()() 20, :{S9

Gi'l9

2.fl0'2 2.444

lfil

4. 7HJ 3, ;:;4

801

l.i. 2~11 I:!. 408 :!.HiS

.o, 49!) 741

If\ .. )()] 13. 3;;r, 3. 111.1

.1. Jf\7 830

s. 7.o 9. r,o 54 flO

107 106

2651 333 282 241\ 14\J 159 126 12!\

X5 72 7,554 7,573

7~f1. 3 -131i. 2 2t\.':. ,!)

41'1. x 13.\. I

(;!J . .f

21. 2:~n 20. ,,

2. \!:n 2, C23

d_,)

I. 11117 3. ii\!(

72ti

RIO. n 440.7 285.8 473. 5 141. I fl9. 6

22, 748 20. fl90

fiOO

3.1l31 2. 5:l4

191

4. 1\.'<4 3. 743

7fH

CHEMICALS AND ALLIED PRODUCTS

1,093

481.6 8.5. 7

428. G

88.1 303.4 8.347 200.4

1, 061

429.4 fi3. 3

3SJ. 9

7R. 9 289.8

3 8,255 185.6 I

1, 159 1.102

494.8 508.3 73 .• o /.i. 4

437.5 423.1

89. 9 89. 1 300. 9 2\)2. 3 9. 101 1 s. 577 212.2 209. 4

1,133

510. 7 911.9

462.8

89.1 305. \) R. os:J 232.5

l.OfiG

49(). 0 100. r, 42i. 5

9!. () 277. 9 7, 782 ISS. 4

1.10.)

471. 1 lO.i. 7 43~. 9

90. 4 278.0 7, 133 177 .. 1 t

1. 0~9

4()4. 2 J07. 8 441. I

89.6 2!1~.1. 7 8. 103 195-5

27 221 IJO

1, 481\

90 89 74 94

98 67 75 45 89

2,331.7 1,95H.7

IfJ9. 3 1,832.0

:l34. \J 164.8 12;). 3

36 152 90

1. 296

911 RS 6\J 9.5

101 73 6!J 45 92

24 9.5 82

1.214

94 \)J liS 98

110 f>S 79 45 9()

1.5 63 91

1. 363

91 84 75 94

100 .o9 76 44 91

11 41 70

1.044

RS 86 7H 92

90 50 en 42 92

9 52 75

1.109

95 91 81 98

111 .52 91 4I 96

14 77 9f).

1. 4\11

9.) ~s

84 u~

107 flO

Jill 40 ~17

1.10. 7 l. :337 5. 78\J

----------------1--------

JS, 932 12.700 3. 2?:!

15. 1?.1 12. :J09 2.820

14.\1\11 14. 14:l 1::!. ::!Fl~l 11.575

:2. 7:{:? 2, !i(i>-:

4. !132 7'20

4.R89 8!16

S, 171 .~. 422 1.1)13 7I:l

9.fifi fi4

Ill

250 IX\) 177 12\J Si

3, 288

793 13.03.5

782.6 441. I 256. s 458.7 134. 7 70.0

211, 8\)3 1H, 7<13

214

2. 7?;6 :2,470

211

4 .. >24 3, fi26

706

1. I2R

10. 14 9. ~2 69 c;g

111 1116

JR6 1ii2 1!i6 12\J I 1:l4 107 112 HI !i2 44 1

1, 920 9.>;;

8lf1. 7 452. l 280.1i 487. 8

(j 176. f)

70.3

22, 77H 20. Sti4

1. 240

3. ]till 2. iil2

:!13

.s. 101 :~. X72 l.o:Jti

1. 093

XOti. 0 4?ltl. X 2fi\".J . ."1 4SJ. 4 1-!1. 2

70. -~

21. 24;1 1\J, S.i4

5\-l~

2.HWI 2.1\02

;)!

-Lt!X;) ;~.';'iii

740

I. 094

470. 5 48\1. 1 '.104. ~l 92. 1 H9. H , 77. t)

428. 2 444. 9 I 44J. \)

90.0 92. 5 303. 7 I 31\1. I 8, 129 ' 8. 849 195. 0 I 211. 2

\)3. I 334.9 8, 945 202.1

8. 90 47

10\1

140 11n 102 JO!i

40 635

0;1,') 10.702

81 !i. 7 4!11. X :nn.3

T 4~/. I} 14fi. 6

/1). R

:!1. Sfifi 20, 46S

liOO

:!, 9:11 2. 4.,3

110

4. 718 :J. \lll

(i;ll

I. 102

524.:2 75.4

439.3

84.8 341.8 9. 490 W2.9

-r----

::::::::::::1 4.118 4.b70 -

547 561

!l. 00 9. 2t) ."iH i;:!

.... :~~-~----~ ::J-1. ···:::: --------~-------

---------------1

--------~-------- --

821.1 45."1. 4 2,0_ ti 4X.1. fi 14:!.2 71. 0

22, b!JO 2J,:)X]

d f)9

i -------T

(:::::1 1::::::::1:

-------- _____ ___! ______ __ -------- ________ j ______ __

········1•--1- :. ::::::::1::::::::1:::::::: r Revised. I Based on unadjusted data. 2 Quarterly avnagr. 3 Brginning Feb.

1962, data include quantities for 14 plants not pre\·iously reporting. tl Sre note 0. d Deficit. d"Data for J\1ar., June, Sept .. nnct ])ec. 1962 and lVIar. 1963 covt..~r 5 wreks.

§De\ ttl beginning .Lu1. l9H:3 ineludc visits to new P<1fk; con1parable figure for .Lln. 1962, 5fi.),000 visit.-;,

tRcvised (effective with Dec. 19tH SURVEY) to new base ]wriod; S<'e corresponding note In :\[nr. 1963 SURVEY.)

9 Inclwle~ data not shown separately. 0 Figure for Oct. 19fi2 reflects ::djustment of Federal income tax prodsions for 10 months o 119H2 occasioned by Revenue ~-\ct of l~G2.

tScatterl'<l revisions for 19f>9, 1960, and Jan.-Oct. 19tH are available upon request.

April Hl63 SURVEY OF CURRENT BUSINESS S-25

Unless oth<'rwise stated, statistics through and descriptive notes are shown in the edition of BUSINESS STATISTICS

1

1961 1 1962 1960 1961 Monthly

average

1963

Feb. I Mar. I Apr.

1962 I Feb. I Mar.

CHEMICALS AND ALLIED PRODUCTS-Continued

CHEMICAL8-Continued

Inor~anic chemicals, productiont-Continued Sodium carbonate (soda ash), synthetic (58%

NazO) -------------------------thous. sh. tons __ Sodium bichromate and chromate __________ do ___ _ Sodium hydroxide (100% NaOH) __________ do ___ _ Sodium silicate (soluble silicate glass), anhydrous

thous. sh. tons __ Sodium sulfates (anhydrous, refined; Glauber's

salt; crude salt cake) ___________ thous. sh. tons __ Sulfuric acid (100% HzSO,) _________________ do ___ _

Organic chemlcals:ci' Acetic acid (synthetic and natural), production

mil.lh __ Acetic anhydride, production.---------· ___ do ___ _ Acetylsalicylic acid (aspirin) , production ___ do __ _

Alcohol, ethyl: Production ______________________ m!l. proof gaL Stocks, end of month _____________________ d·'----Used for denaturation ____________________ do ___ _ Taxable withdrawals. __ --------- ________ do. __ _

Alcohol, denatured: Production ______________________ mil. wint' ~aL Consumption (withdrawals)_--------- ___ do __ _ Stocks, end of month _____________________ dn ___ _

Creosote oil, production _________________ mil. gaL DDT, production ________________________ rnil. lh_ Ethyl acetate (8.5%), production ___________ do ___ _

Ethylene glycol, production ________________ do ___ _ Formaldehyde (37% HCHO), production __ do ___ _ Glycerin, refined, all grades:

Product! on ___________________ - ___________ do. __ _ Stocks, end ofmonth _____________________ do ___ _

Methanol, production: Natuml _______________________________ mil. gaL_ Synthetic. _________________ --- ___________ <lo. __ _

Phthalic anhydride, production __________ mil. lb ..

FERTILIZERS

Exports, total? ____________________ thous.sh. tons .. Nitro~enous materials _____________________ .do ___ _ Phosphate materials_--------------------- .do ___ _ Potash materials ___________________________ do ___ _

Imports, total 9 ______________________________ do ___ _ Nitrogenous materials, total? ______________ do ___ _

Nitrn tc of soda ___ -------_------- _________ do ___ _ Phosphate materials_------ __ - _____________ do. __ _ Potash materials ___________ ------------- ___ do ___ _

Potash deliveries (KoO) ______________________ do ___ _ Superphosphate and other phosphatic fertilizers

(1oo% P,o,)·., Production ______________________ tlwus. sh. tons __ Stocks, end of month---------------------- .do ___ _

MISCELLANEOUS PRODUCTS

Explosives (industrial), shipments: Black blasting powder_ ________________ thous. lb .. High explosives. _______________ - ___________ do. __ _

Paints, varnish, and lacquer, factory shipments:, Total shipments. ________________________ mil. $ __

Trade products __________________________ do .. __ Industrial finishes ________ ---------- ______ do ___ _

Sulfur, native (I<'r:lSch) anfl reco,·ercd:t Production _______________________ thous. lg. tons .. Stocks (producers'), end ofmonth __________ do ___ _

SYNTHETIC PLASTICS AND RESIN MATERIALS

Production:$ Cellulose acetate and mixed ester plastics:

Sheets, rods, and tuhes ________________ mil.lb __ Molding and extrusion materials _________ do ___ _

Nitrocellulose sheets, rods, and tubes. _____ do ___ _

Phenolic and other tar acid resins __________ do ___ _ Polystyrene ________________________________ do ___ _ Urea and melamine resins __________________ do ___ _

Vinyl resins.------------------------ _______ do ___ . Alkyd resins. ------------------------------do ___ _ Rosin modifications ________________________ do ___ _

Polyester resins _____ ------· ·--- ---------- __ do._-. Polyethylene resins_------------------- ____ do ___ _ Miscellaneous (incl. protective coatings) ___ do ___ _

376.4 10.1

409.5

43.8

383.9 10.6

4.55. 2

4fl.l

368.0 10.2

403.2

4G. 5

400.7 11.0

466.3

47.8

394.1 11.5

454.9

51.6

404.1 11.1

464. 3

55.1

94. fJ 101. 7 97. 7 113. 7 106. 2 !Of>. 5 1,487.:3 1, .193. 1 I, 53!i. fJ 1, 725. 6 I, 675. 9 I, 692. 3

G5. 3 105.0

1.9

52.1 138. g

43. 2 5.1

23.4 23. 4

6. 2

7. 3 14. :l 8. 5

98. fi ll<i. ()

22. 4 34.3

.1

31. 7 2fl." I

538 I ill 42\1 64

r 2~8

12:; 41 J:; 3fi

173

227 414

81.7 103.7

2. 3

.oz. 4 Hi1.3 42. :J fi. 3

22. n 23.0

:J. 9

7.!) 13.\1 8.1

100.9 l!ifi. 7

20.8 32. 7

.1 2S. 0 34.4

602 ()7

448 71

r 2Ii3 T 129

:lfl 1~ .11

197

227 415

7'2. 5 93 .• 1 2. :l

47. 8 1~8. 7 42.8

·1.G

23.0 2:!. 4

.1. 0

8_ 1 n2 3. 9

80.8 1!!7. 2

21.0 3<1. 4

.I 2fi. 5 2:\ ()

.142 11-1 347

7G

259 131

;17 12 7:l

117

220 509

7fi. 0 !Of>. 4

2. 5

53.3 147.7 45. fl

5. 4

24. 5 2~~- n

5. fl

fl. I l:l.!l 9. s

87. ~ lti:).fi

21.2 3.1). 2

.1 211.0 30.2

48() fi2

3fi2 74

30fl 157 28 1R 57

232

219 44fl

75.2 102.2

2. 1

52.1 153. 1 40. 8

4. 8

21.7 21. 4

5. 7

g_ r, 12.1

7. 3

88.8 w.1. a 21. 2 :J6.1

.I 27.9 33. 7

fl84 128 4fl4 76

3\17 2:30

fl9 24 59

36.>

2-18 302

85.6 105.0

2. 4

50 3 151.5 44. G

.1. 5

24.0 24.8

5. 0

8.0 H.ii

7. g

tH.4 172.2

18. B 33. 7

.1 28_ 0 31.5

14 10

20.1 25:1

400.4 111.8

459.9

42.7

368.3 10.8

467. 1

36.8

390.4 9. 6

469. 7

44.8

94. 2 9.1. 9 100. 6 1,502.3 1,438.4 1. 499. 9

79.4 107.4

2.0

fiO. 4 154.0 42. 7

5. 4

22.9 23.\1 4.1

7. 7 t:l. 4 12.4

10:1. fl Hl-1. I

21.1 35.4

'1% r 1'2H '51

J:l 10

GO

204 316

77.2 101.5

1.8

4q. :J ViR. 1 39.1

4. 4

7. '2 Hl.l .). 2

119. 1 150.2

17.8 32.3

.1 2\>. s 3:J. fi

22U I 133

~n 24 22

170 382

86. I 103.9

2. 3

4.5. 5 l!i7. 6 41.5 5.1

22.4 24.0

2. 2

8. I 15. 7

9. 0

1~2. 0 lli9. ()

21. 1 30.8

.1 28. :l :l3. 2

f>99 HI)

.147 82

199 8-1 20 1\1 49

226

202 416

378.4 9.5

451.2

42.3

99.2 1,466.8

81.1 108.8

2. 1

49.5 147. 1 40.0

5. 7

21.!) 21.4

2. 3

7. 8 14.0

G. G

lOG. 4 166.0

18.3 27.8

.1 2R 2 31.8

6.13 Sl

504 (if)

232 84 22 23 71

142

207 418

391.4 11.8

474.5

.53. 7

103 .. I 1,635.7

79.5 105. 1

2. 5

6.1 .. I lfiO. 7

4:J .. I 7. 7

23_ 8 23.4

2. 1

7. H 15.5 7. 6

112.9 188.3

1!1. 9 2.1. 8

.1 29_ 2 36.1

6S8 7<1

547 68

215 110

27 20 43

225

241 426

378. 9 349. 1 9. 6 10. 7

465.9 462.4

50. 2 41.3

100. 9 99 .. 1 1,049.7 1, 654.3

91.9 99.5

2. i

.1)2. f)

144.7 41.4

G. 4

22.8 21.9 3.0

7 .. 1 14. 7 Ill. 7

114. 4 179. 0

23. () 30. 5

.1 27. 8 35. s

89.5 114. fi

2. 4

58.7 156.8 41.6 4. 6

22.9 22. 7 3. 2

8.1 13.5 6. 3

117.9 16U. 8

2fl.6 32.8

.1 2!). 2 38.4

98. 7 8·!. f, 2.0 2. 2

61.0 lli5. I 46. fj fl. 0

2.1. 0 2.1. :l

3. 1

7. 611 14.9 6. 9

n. 7 J.l. fi 11.3

' 124. 4 II llf)_ !I 167. o HiO. o

2:l. 1 I 1!\. R 32. !J 1 :lll. :J

I -1---------

~;: g I ~~: ~ -

51)5 SG

:l97 63

4~:~ -----iiJ::::::: :::::::: 3;,~ ::::::::(::::r:: :::

232 92 ~u 14 77

113

218 7\1 12 22 72

199

r '.?aO 50.1

20

308

2Gl 505

I

Hi7

127 82,424

102 92.400

72 70,616

.13 81,058 91. 5~1101, 8~~ 100, 7g~ :::::::: :::::::_ 23~~1,;7 :::::::: :::::::: ,zg'1~&~G :::::::: :::::::: :::

14.1. 8 38fi. 5 3 59.3

.519 4,098

152. fl 8\1.4 63.2

489 4, 837

7. 5 13. 2 4. 8 }

.1

123. g @. n 54.0

477 4. 890

12.3

151.2 85. () Go. 2

492 4,830

15.6

166. fi 100.7 65.9

447 4, 779

13. 2

181l. I 112. :l 73.8

474 4, 761

14.2

177.8 107. :l

70.5

467 4, 751

14.2

1na. 5 103. :l

60.2

473 4. 777

11.3

177. 6 111.3 !i6. 3

514 4,818

12. 9

152. 7 92.5 60.2

499 4,862

13.0

15() .. I 88.6 67. u

512 4. 897

14.2

134. a 72.8 til. 5

499 4, 872

12.7

112. I 59.2 51.2

497 4, 938

12.0

504 4, 963 -------- --------

11.3

51.0 '57. 4 53.2 59.8 .53. 8 61.1 59. fl 48.9 60.1 57.9 61.4 58.9 '55. 3 60.5 -------- --------88.8 '104. 0 92.8 105.6 105.5 113.2 107.3 94. 7 102.3 105.1 109.0 106. 1 99.6 98.3

~~:· ~ ,,1:::: 1 ~::: 1:~:: 1:::: !:~:: 1:~:: 1:::: 1:~:: 1:::: 1:::: 1:::: ',1:::: 1:::: 1:::::::: tU _:_~:~~- ---~~~~- ---~~~~- ---~~~~ 47. a ---~~~:- ---~~~~ ___ ::~~- ---~~:: __ 42.3 ---~~~:- ---~~~:- 41.4 i=: ::::: :::::·:: 16.1 16.8 15.5 17.9118.7 20.2 18.6 13.8 1~.3 15.1 18.6 15.7 14_,0 18.81'-------- --- ----

133.9 168.0 156.9 167.0 166.7 170.9 170.6 172.7 li0.8 170.1 176.6 li0.3 170.8 153.1 ---------------41.0 -------- ------------------------ ---------------- --------,--------,---------------- ------------------------1--------1--- --

'Revised. 1 Beginning July 1962, excludes ammonium phosphate formerly included. 2 Quartm ly total. • Beginning Jan. 1961, trade sales of lacquers (formerly shown with industrial finishes) are included undm trade products. • Beginning Jan. 1962, data include protective coatings (formerly excludcdl; amounts of these for Jan. 1962 are as follows (miL lb.): Phenolic, 2 .. 5 (incl. some rosin modifications no longer shown separately); polystyrene, 6.0; urea, etc .. 3.8.

<;?Includes data not shown separately. ,Revisions for 1960-Apr. 19G1 for 'u;,crphosphote and for Jan.-Mar. 1961 for paints, etc., will be shown later.

tRee similar note on p. S-24. d'Data (except for alcohol) are reported on the basis of 100% content of the specified material unlcs; otherwise indicated.

tRevised effective with the Jan. 1962 SURVEY to include recovered sulfur. $Beginning July 1961, data are not strictly comparable with those for earlir•r pPriods

because of the inclusion of companies formerly not reporting; monthly averages for 1961 are based on reported annual totals.

S-26 SURVEY OF CURRENT BUSINESS April lfl03

I 19G3 Unless otherwise stated, statistics through 1960 I

and descriptive notes are shown in the 1961 edition of BUSINESS STATISTICS

1961 1 1962

Monthly average

I 1%2

Feb. I Mar. I Apr. I May I June I July \ Aug. \ 8ept. I Oct. I Nov. \ Dec. Jan. I Feb. Mar.

ELECTRIC POWER

Production (utility and industrial), total 0 mil. kw .-hr_. • 73, 226

mcctric utilities, totaL ... ------·-·-··------do .... •66, 003

R~ \~~l~rlia,~ei:~~=~==::::=::::::::::::::~~:::: ;~~- ~~~

78, 588 70.993 56, 982 14,011

ELECTRIC POWER AND GAS

72,047 !)4, 777 51.435 13,342

7S, IH6 70, 11n 54,562 16,157

73. !)28 5.0, 873 4t\ R/3 16,001

78,071 70,241 s.o, 020 15,221

77,819 70. Hi4 56. 397 13, 767

80,322 72,933 .o9, 479 13, 4.53

84,093 77,018 76, 4:19 69, 680 63. 226 .07. 691\ 13. 213 11,985

79, 784 78, 109 82, 702 86, 509 n, oo2 10,656 n, 312 78.835 58, 926 57,099 61,250 64. 908 13,076 13, 557 14,062 13.027

77,123 69.990 57,323 12, 668

Privatelv and municipally owned utiL. .. do ____ '53, G31i 57,694 52,733 56,725 53. 103 fl7, 0.\3 57,260 .59, 281 62.424 M, 774 59. !50 57,4.02 60, 940 63.804 56.543 Other producerR (publicly owned) ........ do .... •12, 3137 13,299 12, OH 13,994 12. 770 13, 188 12. 904 13. 651 14, 015 12,906 12. 853 13,205 14, 372 15, 031 13,447

In<luRtrial establlshments, total. ........... do .... '7. 223

R~ ~~~1~;-r;.;;;;•,::~::::::::::::::::::::::::~~:::: · 6: ~~6 7, 594 7, 306

289

7, 270 6. 9.'i2

288

7, 927 7.f.O-I

323

7, G.ol 7, 318

336

7, S29 7, Iiiii

322

7, 655 7, :l7:l

282

7, 390 7, 143

247

7. 654 i, 405

249

7,338 7.106

233

7, 782 7,496

286

7.452 7,163

290

7,390 7,093

297

7,Gi5 7,362

313

7,133 6, 842

290

!'ales to ultimate customers, total (EEI)§ .... do .... 60,061 Commercial and industrial:

64,674 63, .520 64, 151 62,143 62, 21G

11,27:1 31. 443

64,056 (),1),1S4 67.269

13,418 32.2535

66,917 64,913 64,215 66.077 69, 608

Small light and power ____________________ do.... 11,239 I,argc llght and power .................... do.... 28,952

12,008 11,111 31, !GO 29, 230

11,214 30, 736

10, 91\~ 12,47.0 31,.527

13,102 31, 197

13,354 12.268 11,803 11,840 12.073 -------· ----32,092 32.215 31.450 31.201 31,640 1 ......... ----

Railways an<l railroa<ls _____________________ do ... . Resirlcntial or domestlc ____________________ do ... . Street and highway lightlng _________________ do ... . Other puhlie authorities ..................... do .. .. InterdepartmentaL------- .. _____ ...... ____ do .. ..

390 17,418

51l4 1, 370 I 128

393 18. 86R

r 012 r 1.52\J

10-1

425 20,495

620 1, fi29

109

433 19. f>J()

n::;o I. 4f>l

71

30. 3S4

391 IS, 308

,')74 I, 4\:l

84

3G:1 17,006

MO I. 489

103

35.0 17, 5J:J

515 1,.51\4

106

3:,1) 18,364

f24 I, ,,28

119

ann 18.978 !

5fifi I. 535

l~R

347 18,879

Gill I, 534

111

375 17,714

G51 l, 577

112

398 18.183

695 1, 589

9fi

4Gfl 20, 1<15

730 1, 605

8H

4471-------- ----22,914 -------- ----2 7431 ________ ---

21,694 -------------(!6 ' ------- -------

! Revenue from sales to ultimate rustomers (Edison I F,Jectriclnstitute)§ ........................ mil.$ .. 1,014.1 1.085.4 1,073.6 1.0717 1.041.6 1.040.5 1.079.7 1,102.6 1.125.9 (128.3 1,089.8 1,077.0 1.102.5 1,158.0 ________ ···-----

GAS I ! I

M~~iJ:~f~e;·~i::.:,~1:~;'7' ·~'ll~ ; m ··••···· I i ~ ~........ q~ ·•··••••• I : 1i! r .•..••.. I····· Safn~~~~~~f~:e~~~m~~~~~~ii~:::~:::~~~;::t;:1E~:: 1~i :::::::: :::::::: ~~i~ :::::::: :::::::: i~~ :::::::: ::::::::1 m :::::::: :::::::: :::::::r:::::: =:::==::

R::::;::::~:~~~~~~~-~~~~~-~-e_'_'~-~~~~~~--~d~--~:: ;~ ~ ... ::::: :::::::: \\U :::::::: :::::::: ~~. ~ :_::::::!::::::::\ ~~ g Industrial and commercial. .............. do.... J.o. 9 -------- ........ 21.8 ________ ________ 15.0 --------1--------~ 11 7

Natnral gas (quarterlyl:tci" I I Customers.endofquartcr,total¥ ........ thous .. :JI,Gfil ----------------32,301----------------32,199 -------------·-- 32,290

nesi<lentiaL _____________________________ do .... 29. O!l3 ------ -------- 2\l. 6.l4 ________________ 29, !>01\ -------- ........

1

2\l, 728 Industrial an<l commerciai. ........... ___ cto .... 2.533 -------- ________ 2.6:JO ________________ 2,5!i6 ________ ........ 2,524

Sales to consumers, total'l ......... mil. therms .. 23,397 ___ -------- -l~l 0:14 ________________ 22, 5c7 ________________ 17,964 Resldcnt.lai. ........ -.. ------------------do ____ 7,894 ____ -------- !.'. 70.o ________________ 6,852 _______________ 2,7\l5 In<lustrialandcommerciai. ............... do ____ 14,272 -------- 16.3o8 ---------------- li,hlfJ ~---- ---------- 14,030

R'ri:~;~;;~?a~:~:~~-t-~:~~~~u~~~~·.:~:~!~::~~:·_~: 1'i?n :::::::.:::::::: u~g ~ 1:::::::::::::::: ~-~~6 ~ ::::::::!:~:::::: ~~~;I Industrial and commerciai. .............. do.... 595.1 ________ -------- 783 5 (-------- ________

1 606 3

1 ________ ------·- 523.4

ALCOHOLIC BEVERAGES

Hef'r: Production _____________________________ m!l. bbL. Taxable withdrawals ... ---··-·---·----·-·--do ... . Stock,, end of month _______________________ do .. ..

DistillPd snirits (total): Production ........................ mil. tax gaL. Consumption, apparent, for beverage purposes

mil. wine gaL_ Taxable withdrawals .............. mil. tax gaL. Stocks, end of month _____________________ do ___ _ lmports _________________________ mll. proof gal..

Whisky: Production ________________________ mil. tax gaL. Taxable withdrawals ..................... do .. .. Stocks, end of month _____ ................ do .. .. Imports ___________________ ...... mil. proof gal..

Rectified Rpirits and wines, production, total mil. proof gal..

Whisky-------------------·---- ............ do .. .. WineR and distillin~ materials:

Effervescent wines: Production ...................... m!i. wine gaL. Taxable withdrawals .... __ ._ .. _ .. ______ .. do .. __ Stocks, end of month .. ___________________ do .... Imports _______________ . __ .. _. ____ . ___ . __ . do._._

Still wines: Production.---------·---·--···-·---------do ... . Taxable withdrawals _____________________ do ... . Stocks, end of month ..................... do ___ _ Imports .. ---------------------·-·-···----do ....

Distilling materials produced at winerles ... do •...

•Revised.

FOOD AND KINDRED PRODUCTS; TOBACCO

7. 92 7. 42

10.61

15.35

20. 12 10.04

861.48 •3. 25

12. 13 7.08

837.84 2. 87

7. 05 5. 32

'34 . 31

2.64 . 08

14.00 12.98

175.82 . 93

27.61

8. 07 7. 60

10. 46

12.90

6. 42 5. 75

10.16

15.32

21.14 17.08 10.27 8. 65

882. 72 883. 95 3. 61 2. 76

8. 30 7. 33

10.66

15.41

8. 35 7. 46

11.07

13. 16

9. 76 9.06

11.20

15.94

20.63 18.64 21.15 10.41 9. 38 Ill. 86

886. 45 885. 90 890. 60 3. 07 ' 3. 03 3. 55

9. 41 12.76 12. 10 10.28 12. 13 7.18 6.35 7.30 6.44 7.03

859. 13 8GO. 19 862. 66 862. 36 867. 44 3. 18 2. 41 2. 71 2. 70 3. 09

7. 20 5. 33

.37

.32 2. 79 . 09

15.78 12.52

178.89 1. 08

31.27

5. 87 4. 49

'50 '20

2. 51 . 05

2. 70 11.11

187. 44 . 88

4.08

7.38 6.21 5. 60 4. 48

. 42 .35

. 25 . 22 2.67 2. 76 .06 . 07

2.53 2.15 14.33 12. 10

172.68 164.42 1.03 !. 06

I. 43 !. 70

7. 54 5. 44

.49

. 30 2. 93 .08

2. 64 11.93

151.03 I. 31

1. 58

9. 96 9. 19

11.39

12.69

20.43 10.66

890.21 '2. 90

8. 83 6. 54

867. 55 2. 55

7. 21 5. 27

. 46

. 26 3.10 .05

!. 67 11. 72

141. 87 . 88

2. 56

9. 90 9. 22

11. 49

6. 43

18.67 8. 29

886.81 2. 90

9. 06 9. 18

10.80

8. 34

20.42 9. 82

882.85 3. 28

3. 42 .1. 32 5. 02 ti .. 18

864. 49 861. 04 2. 57 2. 88

5. 62 4.12

.16

.19 3.06

. 06

I. 07 9.16

131. 76 . 78

!. 47

6. 78 4.83

. 37

. 25 3.15

.06

0.15 12.28

123. 99 .92

19.66

7. 38 7. 42

10.29

10. 17

19.40 10.70

879.54 4. 06

6.16 7. 82

856.98 3. 58

7. 51 5.60

.32

.35 3.08 . 09

59.71 12.14

173.62 1.01

139.50

§ Includes data for Alaska and Hawaii.

:::::::::::::::::::::::::::::::~:::::::::::::::

·:::t:::::: :::::::::::::::: ::::::::::.::: __

.. 1::]::::: ::•······· 7. 41 7.17

10.07

14.84

23.83 u. 62

875. 83 5. 29

8. 71 11. 06

851. 27 4. 75

10.69 8. 29

. 36

. 50 2. 91 .15

86.89 15.02

241.60 1. 24

144.34

6. 50 6. 75 9. 38

H. 40

26. 71 12.70

87·1. 62 5. 45

6. 81 6. 55 9.22

12.27

29.83 8. 61

876.00 4. 20

10. 13 9. 68 9. 63 6. 33

849. 18 850.47 4. 81 3. 69

9. 31 7.12

.30

. 56 2. 62 .16

6.32 4. 59

.34

.49 2. 43

. 14

7. 57 6. 35

10. oo I 14.24

I 6.60 I __ 5. 75

10.43 ------

17.76 -------- --------8.69 -------- --------

879.27 ----------------

--~~~~~-r:::::::· ·::::: : 5. 98 -------- ------ -

854.33 ----------------2.29 2. 53 --------

6. 49 4. 51

.33

. 26 2 48

.04 .05 --------

14.79 5. 66 3. 85 15. 26 12 95 12. 78

239. 38 224. 60 214. no 1.60 1.29 .52 . 86 ----·---

39.81 9.46 5.21

1 Beginnini! Mar.1961, data include sales not preY!ously reported. 0 R•'Yisions for 1V60-19cil are available upon request. 'Revisions for Jan. 1962 (mil. kw,-hr.): Street and hi!lhway lighting, 712; other public

authoritii•s, 1,495.

1: Revioed data for 1st and 2d qtr. of 1961 will be shown later. Data for manufactured and mixed gas include Hawaii (beginning 1960); for natural gas, Alaska (beginning 1961).

ci"The averages shown for gas are quarterly averages. 9 Includes data not shown separately.

April l!l63 SUHVEY OF CURRENT BUSINESS S-27

Unless otherwise stated, statistics through 1960 11961 I 1962

1 1962

I 1963

and descriptive notes are shown in the 1961 i\Ionthl I I I I I I I I I I --~--~--~ edition of BUSINESS STATISTICS averag,T Feb_ Mar. Apr. May Junl' July Aug. Sept. Oct. Nov. Drc. Jan. I F<'h. MaL

~~~~~--~---L--~----~--~--~--~----FOOD AND KINDRED PRODUCTS; TOBACCO-Continued

DAIRY PRODUCTS

nutter, creamery: Production (factory)t ____________________ mil. lh __ Stocks, cold storage, end of month _________ do ___ _ Price, wholesale, 92-score (N.Y.) ________ $ per lb __

Cheese: Production (factory), totalt--------------mil. lb._

American, whole milkt------------------do ___ _

Stocks, cold storage, end of month, totaL __ .do ___ _ American, whole nlilk ____________________ do ___ _

Imports ______ ------- ___ ----------- _______ .do ___ _ Price, wholesale, American, single daisies (Chi-cago) __________________________________ $ per lb __

Condensed and evaporated milk: Production, case goods:t

Condensed (sweetened) ________________ mil.lh __ Evapornted (unsweetened) _______________ do ___ _

Stocks, mnnufnctun:~rs', cnse goods, end of mo.: Condensed (sweetcne<l) ________________ mil. lb __ Evaporated (unsweetened) _______________ do. __ _

Exports: Conrlensed (sweetened)---------------- __ do ___ _ Evaporated (unsweetened) __ ------- ___ .. do .. -·

Price, manufncturers' avern~e selling: Evaporated (unsweetened) __________ $ per case __

Fluid milk: Production on farms, ___________________ mil. lh __ TTtilization in mfd. dairy productsd" ________ do ___ _ Price, wholesale, U.S. average ••.... $ per 100 lb __

Dry milk: Production:t

Dry whole mi\k ________________________ mil. lb .. Nonfat dry milk (human food) __________ do ....

Stocks, manufncturers', end ofmontb: Dry whole milk __________________________ i!o __ __ '<on fat dry milk (human food) ___________ do ....

ExnortR: Dry whole miJk __________________________ do ___ _ "'onfat dry milk (human food) ___________ do ....

Pric>r, manufacturer8' average selling, nonfnt dry milk (human food) ____________________ $rwr \h ..

GRAIN AND GRAIN PRODUCTS

123.7 181.5 . 612

1~"- 9 95.4

429.8 379.5

6.3

. 409

5.R 176.5

6.0 243.6

3. 9 7. 6

6. 30

10,454 4. 267 4 22

6. 8 167.8

6. 4 136.6

1. r) 21.0

.IM

128.5 363.•1

. 594

130. g 91.2

463.3 420.3

G. 5

. 4110

6. 4 160.3

5.0 liK4

4.0 5. 5

6.11

10.494 4, 291 4. 11

6. 7 180.9

!\. 3 123.4

1.1 25. 5

.148

Exports (barley, com, oats, rye, wheat)- .. mil. bn.. 90. ·' 'i !lG. \!

Barley: '395 - ' 429 -Production (crop estlmate) _________________ do____ · • · • · o

n d d I 20\)') ~ 2 ' docks (domestic), en of quarter, totaL ____ o____ " --. 2~2. i

g~ ~~~;;;~~~---~~~==========================;)~==== ; i~i: ~ : l~~ ~

133.0 200.0 . GIO

!l1.4 74. 1

4~2. R 382. R

5. 9

. 410

fi,()

118.2

4.1 104. 7

3. 9 10.9

f>. 29

9, 598 4.10!)

4. 29

;:;.o 177.4

7. f> 130. !\

.6 18.7

. lfil

110 8

J,oo. 3 303. 1 . 1109

127. I 85. G

417.2 3•i7. ~

f>.ll

. 402

4. 4 149.4

4. 3 04.4

4. 2 4, (i

6. 28

10,994 4. (iS4

4. 16

n. 4 203. R

6. I 128.2

. 4 40.5

. 161

104 . .0

:?17. n 99. ~~

117.8

147.5 345.4

. 586

139. I 98.6

441.0 390.8

6.·1

,e,, 2 177.3

6.2 95.8

. 4 2. 4

6.16

11.232 4, 809 3. 88

7. 5 214.3

7. 1 130.8

!..' 18.9

.147

IOL:l

1611.7 386.\l . 586

167.5 126. 4

4ti0. 1 416.2

7. 8

. 392

~. :1 225. f)

6. 2 163.0

4. 7 2. 5

6. 07

12,429 5. 609 3. 76

9. 7 253.0

7. 4 11\5. g

1.0 25.2

143

129. I

152.6 429.4 . 584

tG8.0 126.5

495. 4 4!\2. 9

6. 1

. 392

6. 8 ~l!i. 0

:~. 7 221. f)

5. 9 6.:1

G.m II, 926 5, 275 3. 71

7. 7 236. 5

7. 7 168.8

2.3 3I.fJ

. 142

tiL 2

312:1. 7 3 4g. 0 3 7.1. k

122.4 46n. 0 . 588

145.5 107.3

,\26. 6 4~3. 8

4..5

104.3 456.4

. 590

131.0 93.8

520.5 481.8

5.1

92.4 423.5 . 596

liS. 9 82.7

493.1 457. 1

5. H

106. 7 384.2 . 587

119. 1 78.7

454. g 421.4

5. 6

105.3 344.8

. 590

109.2 70.2

4:38.8 398.6

9.0

116. 4 318.7

. 589

117. 2 73.2

422.1 384.2

9. (\

130. 5 120.6 310 9 '328.3

. 586 . 5Rfl

115 . .> 109 .. i 75.7 il. g

395.9 :J59. 2

3. 8

r3fi0. 0 '325. 4

G. 4

. 892 . 302 . 392 . 406 . 408 . 409 . 41B . 422

72 &7 59 78 72 58 ~0 45 188.5 17l.fl 140.3 143.0 134.0 143.0 135.8 123.0

43 4.8 56 57 65 45 49 51 258. \! 271. 3 262.7 229. I 174.2 141.4 120.2 93.0

~I) 41 ~5 ~6 59 &0 &4 &2 ~4 ~1 ~6 ~6 74 ~6 ~2 ~6

~~ ~ro o~ 6~ 6~ 6~ ~oo ooo 10.912

4. 34\l 3. 86

10,191 3. 797

4.03

9,036 3, 370

4. 22

9, 740 3, 674

4. 34

9,345 3, 541

4. 41)

9,813 3. 8.19

4. 29

10.043 4. 147

4. 24

9,470 3. 8.50 '4.17

4. 7 :;, r; 6. 0 5. 9 6. 8 7. I 8. 7 8. 0 182. I 148.4 127.5 136. II 140.5 167.4 171..5 Jfi5. 4

76 ~5 42 49 46 ~1 70 ~8 142. 2 118. 7 I 07. 2 Sf>. 4 83. 5 99. 0 \lii. 6 92. 0

.()

30.0

.!42

86.2

1. 9 J.:J

20. n I' 22. r, . 142 . 143

no. 31 87. g

1.8 20.8

.143

74.0

. 2 2.). ;j

. 144

83. 1

. g 29.7

. 144

97.8

2. 2 8.9

. 144

34.7

15. 5 24.2

.144

99.4

345.1)

340. i 309.0

10,9\\7

,. 4.03

--------'-------- -------- -------- -------- -------- -------- --------.. I 419. I -------- --------

1

341. I 212.3 128.\)

I --------1

Exports, lnclud!n!( malt§ ___________________ do.... .>. 4 8. 3 9. 9

I. 41 I. 3/i

8. 5 9. 2 16. r. 10.4 4:71 c. 3

'277. ;_; 171.1

6. (j 9. v 6. f) 7. 2 ----4~3-l 4. 7 Prir~s. wholesale (Minneapolls):

No.2, maltln~------------------------$ per btL. J: ~l No. 3, straight .. ---------------- ______ ... do ___ _

Corn:

1. 26 1. 20

Production (crop estimate, grain onJy)__rniL btL. 1 3. 62ft '3i24i Grindings, wet process _____________________ do____ 13. I

Stocks (domestic), end of quarter, total mil. bu .. On farms _________________________________ do ___ _

Off farms .. ______________________________ do ....

2 a 24f) 21: 7R3 2! 1fi3

12. 7

1. 39 I. 33

14. 7

1. 3-1 1.28

14.9

1. 2f> 1. 21

14.8

1. 22 1.1~

14.8

2, 473 I. .549

1.191 I. IG I. 14 1.0\J

I

1.13 1. 07

1.20 I. 13

I. 20 I. 14

I. 17 1.12

I. 18 II

I. 12 1.1~ 1.12

1. 20 1.14

14.21---15~7- "'i:l~ii- ---~5~3- '"i4~i- '"i2:ll' '"i3~ii- '"i3~1l- :=:==:== I

Exports, including meal and flour __________ do ___ _ 24.;;

2 2. 930 2 1,809 z I: ~2~

3c).d 43. a

:1. 3sr. 2,14!1 1, 236 37.4 36.3 42.1

924 39.4 33.4

I. 12 1.10

32 R

3J, 640 3 5()5

3J, 074 22. g 24.9 41.8

4. 222 2. tJ72 J.2,\fl 35 .• 1

==:=====,:::::=:: =:=:=::= 12.2 33.1 --------

Prices, wholesale: No.3, yellow (Chicago) ______________ $ per bu .. Weighted avg., 5 markets, all grades ..... do ....

Oats:

l.ll !.Oil

Production (crop estimate) ______________ mn. btL. 1 I. 011

Stocks (domestic), end of quarter, totaL. __ do ___ _ On farms ____________________ ------ ______ .do. ___ Off farms._--------------------- _________ .do. __ _

z 657 ~ .17(i

2 81

Exports, Including oatmeaL ________________ do.... L 7 Price, wholesale, No.3, white (Chicago)

$per bu__ ~ . 6i

Rice: Production (crop estlmatel---------mil. bags 9 __ California mills:

Receipts, domestic, rough ______________ mil. lb .. Shipments from mills, milled rice ________ do ___ _ Stocks, rough and cleaned (cleaned basis), end

of month _____________________________ mil. lb .. Southern States mills (Ark., La., Tenn., Tex.):

Receipts, rough, from producers _______ miJ. lb .. Shipments from mills, milled rice ________ do. __ _ Stocks, domestic, rough and cleaned (cleaned

basis), end of month __________________ millh .. Exports .. __________ --------------- ___ • _____ do. __ _ Price, wholesale, Nato, No.2 (N.O.) _____ $ per lb ..

Rye:

1 ,\I. 2

110 71

104

317 209

826 148

4 086

!.II 1.08

1!,032

2 632 2 558

2 i4

2. 5

. 69

164.5

126 79

97

364 255

866 193

. 094

1. 07 I. 01

.2

• fo5

225 172

107

228 29G

1,102 186

.098

1.11 1.116

49.\ 432 63

.2

. 70

162 110

119

100 282

905 238

.098

I. 12 1.08

.2

. 72

121 110

92

54 222

732 231

.098

1. 15 1.11

4. 6

. 73

100 68

90

25 212

550 223

.098

I. 14 1.11

3 277 3 229

3 48

G. 4

. 69

73 80

56

30 187

391 183

.098

2. 2

. 65

74 37

67

22 207

208 14.1

.OfJ6

1.10 !. 07

5.1

.64

68 53

45

437 179

321 86

.088

1.11 J. ou

978 ~09 1(\9

5.0

.67

57 43

35

1. 267 269

885 133

.088

I. 10 1.07 I. 10 I. 06

2. 6

.65

177 39

11!

1, 272 345

1, 383 185

.090

2. 5

.72

!57 76

HO

494 342

1,374 211

. 090

1.12 1.14

778 701

77

.7

.77

118 56

167

274 258

I, 303 214

.095

1. 181 !. 19 1. 22 1.18 1.11 L1o

1.5

. 75

189 138

!6,o

152 213

I, 190 201

p .097

. 7

. 76

140 14G

128

218 334

l.ll15 255

(5)

Production (crop e~timate) ______________ mil. bu.. t 27. 5 Stocks (domestic), end of quarter, totaL ... do.... 2 21.0 Price, wholesale, No.2 (Minneapolis) ... $ per bu.. 41.20

'41.2 219.9 -------- ---14:7- ::===:== ==:====: --3-7~9- ::.::=:: ::·:~~=~ ---~3:4· ==:===:= =======: ---2i6- ====~==: :~====== ::~~~==:

1.22 1.29 1.25 1.25 1.21 1.24 1.16 1.14 1.17 1.16 1.19 1.23 1.27 1.25 1.23

' Revised. • Preliminary. ' Crop estimate for the year. ' Quarterly a ,-erage. 3 Old crop only; new crop not reported until beginning of new crop year (July for barley,

oats, rye, and wheat; Oct. for corn). • Average based on months for which quotations are '' v,liJable, 5 No quotation.

tRevisions for 1960 appear in the Oct. 1961 SURVEY; those for Jan.-May 1961 arc available upon request.

, Beginning Jan. 1960, includes data for Alaska and Hawaii. d"Revisions for Jan. 1955-Sept. 1960 are available upon request. §Excludes a small amount of pearl harley, ~Bags of 100 lb.

S-28 SURVEY OF CURRENT BUSINESS April 1963

1963 I 1961 1 19621 Unless otherwise stated, statistics through 1960 and descriptive notes are shown in the 1961 :\fonth1y edition of BUSINESS STATISTICS average

1962

Feb. I Mar. I Apr. I May I June I July I Aug. I Sept. I Oct. I N<><> I DM. I '~ I Feb. I Mar.

FOOD AND KINDRED PRODUCTS; TOBACCO-Continued

GRAIN AND GRAIN PRODUCT8-Con.

Wheat: Production (crop estimate), totaL ....... mil. htL.

W[~~:r ~v~e!{t.~ ~ ~~=~ ~:::::::: :::::::::::: ~~:::: Distribution (quarterly total) .............. do ... .

I I, 23.o I 1, 092 1160 I 275

I 1,07.o I 816 '332 2 316

Stocks(domestlc),endofqnarter,totaL ... <lo .... 2 l.HM '1.708

gff fr:rr;:;s·.·--~:::::::::::::::::::::::::::::~~:::: 2/ ~~~ 2 I~~~£ Exports, total, Including flonr .............. do ... .

Wheat only .....•..................... ---do ... .

Prices, wholesale: No 1 dark northern spring (Minneapolis)

., $perhu __ No.2,hd.auddk. hd. winter (Kans. City).<1o ... . No.2 .. red winter (Rt. Loulsl. ............ <lo ... . Wekhted avg., 6 markets, all grades ..... do ... .

Wheat flour: Pro<1uctlon:

Flour------------ _______ . tho us. sacks (IOO !h.) .. OpPratlons, percent of capacity ... ----- ........ . OffaL .......................... thons. sh tons ..

Grinfllngg of whent ___________________ thous. hn __ Storks held hv mills, end of quarter

· thous. seeks (loo lh.L. E xnorts ................................ - ... <lo ... . Prire$, wholesnle:

Spring, standard patent (Minneapolis) · $per 100 !h ..

Winter, hard, 9!\% patent (Kans. Cityl. .. i!o ....

LIVESTOCK

f'altle ani! calves: R!anghter (federally lnspertci!):

<'elves ......................... thous. animals .. Cattle .................................... do .. ..

Rerelnt• (salable) at 25 public marketst .... <1o .. .. Shipments, feei!er. to 8 corn-helt Stntes ..... do ... . Pricf'~. whole~nh"':

nref,trcrs (<'hlrn~o)_ ____________ $per 100 ]h_. 8tpf'r's,stoekf'rrmrl f0Nl0r (Knm:.n~ CitY)__(ln __ _ f'alvcs, vealers (Natl. Stockyards, TILl.. <lo __ _

11 ~1~~1 rrhtf'r (ff'0rrn1ly ino::prrtr-O) ___ thons. animals __ Receipts (salable) at 2!\ puhllc markctst _do ...

p~h~Iesale, avcrngr, n11 grarlrs (ChiC':t!!O) $per 100 lh ..

TTO!I-f'orn prirr rntfo (hu. of corn ('(}tlfll in vnhw to 100 lh. live hog) ..................... _

~hcep nncllamhs: Rlnnghter (fe<1rrally ln,pectrill. .. thons. animah Receipts (salahle) at 25 public markrtst _ .. _clo __ Shipments, feeilcr, to 8 corn-helt States ..... i!o_ Priers, wholf'salf':

J,amhs, avrmge (f'hicaco) ......... $per 100 Jh_ Lambs, feeilcr, good and choice (Omnha).cto.

MEATS AND LARD

Total meats:

58.2 52.4

2. 2R 2. 04

4 1. H7 2. 2fi

21,093 9:1. :l

405 49, a:J:l

24,703 2, .512

5. fl20 5.166

417 1, fiG-! 1. 221

5:.!K

2-1. 4f, 23.30 30. 17

5. 4{>\l 1, 5Hfi

16.71

Hi.fi

1. 25:l fi50 253

17.07 14. U9

49. 2 43.0

2. 48 2. !9

'2.07 2. 41

21.839 r 02. 4

4f:fi 49.013

2 4 .. 581 :?. GSti

5. gog 5. 021

41!) 1. fiH5 1. 17\J

595

'27. 20 24. 53 2\1.75

5, o48 1.()21

16. 44

15. 3

19. 4!\ 4 15. 57

Production (carcass weight, leaflard ln),lnspected slaughter .......... ____________ .. --·- ---mil. !h. 2,116 2, 1.50

481 78

109

St~c:;th~e_x~hi<ling _Ia~d), __ ~~~~-~:~~~~e: -~~~~ lhf 4~~ Exports (Including laril) ........... -- ______ i!o_ ··

80 Imports (excluding lard) _______ ............ do ... .

Reef and veal: Production, inspected slaughtcr. ........... do ... Stocks, cold storage, end ofmonth ......... do_ .. _ Exports ............ ________________________ i!o ... . Imports .................................... do ... .

1, 051. 0 I, 046. 6 175.5 H\3. 5

2. ,5 2. 3 55.4 79.0

Prfrf', wholesale, hreJ, fresh, steer carcas~rs, chofr·e (600-700 Ibs.) (New York) ............. $ per I h.

Lamb ani! mutton: . 427 . 464

Production, lnspect.ei! slaughtcr. ......... mil. I h. Stocks, colrt storage, rni! ofmonth ......... do ___ _

59.6 57. 9 19.9 14.3

Pork (including lard), production, Inspected slau~h-ter ............ ------ ..................... mil.lh._

Pork (excluding lard): 1, 005. 0 I, 045. 6

Production,ln,pccted slaughter ........... _do ... . 763. 1 805.2 Stocks, coli! storage, end ofmonth ......... do .. .. E<ports ................................ ... ilo .. .

200.1 233.1 5. 7 5.3

Imports .. _______________ ................... do ... 14.5 17.0 Prices, wholesale:

Hams, smokei!, composite ............ $ per !h. Fresh Joins, 8-12lb. average (New York) .do ....

Lard:

. 471 '· 491

.479 .475

Production, inspected slaughter .......... mil. lh .. 176.5 175.3 Stocks, dry and cold storage, end ofmo ____ do ___ _ Exports ___________________ ·-----------.... <lo ....

120.4 98.9 34. 7 35. 2

Price, wholesale, refined (Chicago) ______ $ per lb .. . 133 . 125 r Revised. P Preliminary.

...................................... ..! ................ -------- -------- ...................................... .. --- -------- -------- -------- -------- -------- -------- -------- -------- --------

r.7. 2 46. a

342

1. <>42 212

1. 430

:iS. 2 49.9

!\5. 4 4\J. 2

fi4 .. 5 .o7. 2

,'}~; - ••-.---• i ········ ········ :!a , 1

If\. o I .sq. 3 i .o3. 4 48. 1

43.3 37. 7

46.0 40.6

49.2 44. n

2. 4.1 2. 11 2.0.1 2. 40

21. 7:J8 99.5

40.5 10, 417

4. 7.19

.5. f\.10 • 5. 267

;{/l2 1. 4fi8

fHi.;: 279

20. 0-t 2:1. Hi 33. 50

.1. 312 I. 491

16.24

17. 1

2. 4! 2.12 (5)

z.::m

23. }()F)

\J.I. I 430

!)2, GOO

4. 877 3, flJ7

.1. f\88 5. 3fi0

4hl 1, (i~9 l.lll:l

334

2fi. (i,l)

:.:.t. Sfi a.1 .. oo

(), 22.'1 I. H14

1. 227 4-11 131

2. 1f\ 2. 13 (') 2. 41

20.421 Ri. R :l7S

Hl.:?:?!>

2. !iO 2. 17 (5)

2. 43

21. li!) R7. I

::{\l()

4R.Il21

2. 704 3. ?04

.1. 77.5 fi. goo 5. 4"l .o. 633

3-<3 1. !122 I, 130

42t

:?fl. ~0 2.o. II :;o. oo

R. fl72 1, (\,,0

15. ()()

lfi.l\

I. 173 4()7 100

3\l~ 1, 7!l!i 1. 134

432

2.1. '·2 24. I~ 2~1. no .5. >GC 1, i'.ll

].~. '25

14. 9

I. 1\17 ,1)27 IS\l

2. 50 2. ]!) 2.12 2. 3:1

20.12.1 sr.. n

::\7.1) 4!1. Hi7

4. 2Qil :?.:)1.1

.o. 9~8 .1. 68:;

~12 1. 71);:

H~l7

270

24. 91 23. 2:l 2S. Oil

!'i.nn I, 498

16. 23

1!\. 6

1. ow~ 411 184

2 .. \2 2. 22 2. J:l 2 32

20. 334 88.2 :l78

46. 130

2. 42 2. 2.o 2. 07 2. 39

23. 207 91.\l

433 r12. R!l!l

2. 428 2. 334

fl. 113 0. 17.1 .1. 817 5. 933

2fl 12 2:l. 7.) '27. 00

4. fl9!1 ], 424

17. 24

10.2

1. 1711 470 !.51

434 1. R70 I. 288

!i92

27. RR n.m 27 .. 10

.1. 214 I. 507

17. f\8

17. 1

1,2M 5?8 293

2. 44 2. 23 (') 2. 45

21. 2.14 101. f\

:wr. -18. 371

4. 37S 2.017

fi. 113 5. 850

424 1, (it 4 ],lfi'2

SP3

29. n:1 2.1. 21 21.50

4. 737 1, 21n

17. 5

1, 272 589 42.1

34. 7 30.1

2. 4\l 2.19 I') 2. 48

23. 807 94.0

443 54.140

2. 023

o. ooa 5. 750

.117 I. 8!18 l.fl!lf) 1. '>71

29. zn 2.1. 3"1 20. ;jQ

fi. ().t3 1.!111

lfi.()\)

l!i.l

1, 472 671) 52:3

31.5 27.9

2. !i3 2. 31 (;)

2. 50

22. 744 Uk. 4 421

f>l, 743

1. D70

il.OOO ;,. 71i7

,12. 9 47.9

2. 49 2. 28 (') 2. 48

20, f\84 93. (I

3S0 40. ()20

4. ~~9 '2, 150

5. 863 5. G50

2\l89 2R. 00 2;i, 79 25. 1>-1 27. oo :Jo. co

fl. ;flfi 5. 9,1-i 1. 819 l,G~<5

Iii. 34 I 1.5. Sll

17.3 1.1. 7

1. 21.o 454 215

I. 098 397 1411

14. I I 51. 5

2. 50 2. 27 (5)

2. 47

2 52 2. 30 n 2 47

22. 091 20. fill) 9o 8 I 9,1. 3

2. 47 2. 33 ~- 17 2. 45

'-n. ~i~~ I 3Sl

8441-~~-:;~ [::::; '.1. 7r.o f_ ... ...1

1

...... .. P 5. jS:J i-------- ....... .

i . I

4:ll 1. 7!1.)

'1 l.Li0 :;:;s

2fi. ~JI) :l-! .. 1:{

,, :n 01

n.:J:J:J •J 1. gzn

15.35

].5. 0

I. :JI7 , '48.1 I

192\

'2-l.ii\J :!'J. ~9

.5.lili.1 l.fif,;;

14. 0

I. 115:l :)~1

i-4

2:1. :;o :2."~. 15

13. 7S

1'2. u

17. f'iO 17. :)~ 17. 1.2 21. 7fi 2~1. ;M '21. 75 20 .. 10 Hl. fiO m no 15. 10

18. /.1 19.2:1 1\1.25 18.5() 1X. i5 14.8.\ 10.38 1.1. 30 (I) a ]f)_ 00 a JG. 00 "16. 40 a 16.56 15. 82 (5) a 17. 97 a 17. 44 " 17. 46

I, \1!\:J 2. 233 2. OG8 2. 261

4!17 .552 579 5R5 71 73 82 r Ri 72 r 137 !H 80

2, 087 2, 025

512 444 119 81 98 9\J

2.135

400 71

145

927.6 I, 038. 7 I 77. fi 180. 6

nno .. o 1.110.1 J.07.o.3 1,081.4 1,120.8 170.\1 148.7 12\l. !i 128. I !43. I

1.9 1.9 49.3 '97. 8

. 449

58.9 lf\.1

. 455

61.0 18.3

2. 0 2. 3 2. 6 I. g 2. 4 •61.3 51.4 69.1 73.2 113.3

. 452

57. 4 18.5

. 444

56. 4 17.9

. 440

48.0 14.7

. 443

53.2 11.8

. 478

56.8 11.8

9<>6.0 1, 132.8 1,049. 7 1,094.1 9G3. 3 890. 1 957.8

7::\9.2 23!\. 5

3.8 14.6

7. 490 . 469

](),'),0

10:3.4 38. () . 125

877. 7 270.7

4. 3 19.2

. 49.) • .j,jQ

185.3 10!. 5 33.6 .128

808.1 315.9

4. 6 16.2

. 488

. 429

176.0 109.2 4?. 4 .120

838.5 338 5

5. 2 19.1

. 46.5

. 425

1~6.1 12:l. 3 24. 8 .123

n1.4 295. I

7. 3 17. 8

. 467 . 463

168.8 103. !\ 50.5 .120

680.5 23:l. 6

6. 3 16. 4

. 470 . 503

74[}. 5 !R2.1

5. 4 16.4

. 4!13

. 520

153.31 158.2 9\\. 7 77. 3 38.2 34. 5 .120 .125

I, 895

3.19 r 76 130

2. 423

389 64

117

2. 265

463 91

119

ORR 3 1, 145. 1 1, 019.3 1f>0. H 157.0 180. 3

2. 3 2. 0 2. 8 103. 6 88. 7 89. 2

. 502

58.2 10.2

. 482

67. 3 9.6

. 489

57.3 11.0

2, !4G

.106 51

122

2, 383 2. 01\1

502 r ,"":.5/ 40 S7

975.0 I, 134. 8 989. 5 201.9 176.9 ' 18o. s

2. 0 I. 9 2.0 86. 1 56. 9 98. 9

. 487

52.9 15.3

. 463 . 437

65. 6 53. I 13.4 '21. 0

637

101. 1

. 408

23.3

849.0 1, 210.8 1, 188.7 11,118.0 1,182. 3 1, 019.6

1)()[),0

138.5 3. 6

14.4

. 493

. 552

134.1 73. 1 33.6 .133

936.0 128.3

5.1 18. 7

. 492

. 493

201.2 72. 7 20.9 .136

913.9 211.8

n. s 16.0

. 518

. 462

200.7 93.3 49. 4 .131

859.2 229.5

6. i 17.6

. 531

. 447

188.3 128.4 15.9 .121

918.0 249.0

7. 9 13.0

p. 480 . 456

192.1 !48. 2 19.1

p 116

798.8 '275. 4 331.3

10.8 20.4

.... 426·1--·:3\ii: 161.1 1 ..... .. 146.2 ....... . 37.6 1 ..... ..

' Beginning .Tan. 19ti3. data are f•!r 27 public morkets. t Crop estimate for the year. 2 Quarterly a \'eral-!e. 3 Old crop only: new ?r"in not reported until he~inniug of new crop year (July for wheat). • A wrage hased on months for which quotations are available. 'No quotation.

'Brcinninl!' Feb. 1962, prices not strictly comparable with those for carlh•r pl'riod: monthly average based ou II months (Feb.-Dec.). tRevised series. • Choir<' only.

April 1963 SURVEY OF CURRENT BUSIXESS S-29

1960 1963 Unless otherwise stated, statistics through and descriptive notes are shown in the edition of BUSINESS STATISTICS

1

1961 1 19621 1962 1961 Monthly I

average Feb. I Mar. I Apr. 1

May I .Juno I July I Aug. I Sept. 1

Oct. I C\ov. I Dec. I Jan. I Feb. I Mar.

FOOD AND KINDRED PRODUCTS; TOBACCO-Continued

POULTRY AND EGGS Poultry:

Slaughter (commercial production)t _____ mil. lb__ 593 Stocks. cold storage (frozen), end of month, total

do____ 322 Turkeys ___ ------------------------------do____ 192

Price, in Georgia producing area, live broilers $ per lb__ . 132

Eggs: Production on farms ________________ mil. cases0__ 14.3 Stocks, cold storage, end of month:

Shel'----------------------------thous. cases0-- 162 Frozen _________________________________ mil.lb__ 81 Price, wholesale, extras, large (delivered; Chlcaf(O)

$per doz._ . 355

MISCELLANEOUS FOOD PRODUCTS

Cocoa (cacao) beans: Imports (incl. shells) _____________ thous.lg. tons __ '28. 7 Price, wholesale, Accra (New York) _____ $ per lb__ . 227

Coffee (green): Inventorirs (roasters', importers', dealers'), end

582

306 199

. 143

14.5

186 82

.334

23.8 .208

of quarter_ ----------------------thous. baf(sd' __ 1 3, 034 1 3. 35o Roastlngs (green weight), quarterly totaL.do ____ 1 5, 574 1 s. 669

Imports, totaL ____________________________ do ____ '1; ~fl1,

41 '2.041

From Brazii_ ____________________________ do____ 7.58 Price, wholesale, Santos, No. 4 (New York)

$per !b__ . 3fl3 . 344 Confectionery, manufacturers' sales _________ mll. $__ 103 105

Fish: Stocks, cold storage, end of month _______ mil. lb __

8ngar: Cuban stocks, raw, end of month

thous. Spanish tons __ l;nlted States:

Dell wries and supply (raw basis): Production and receipts:

Production ________________ thous. sh. tons __

184 180

3, 075 ' 1, 414

265 273

388

340 219

. 156

13.7

38 40

. 330

22.3 . 195

456

293 191

.154

15.9

56 48

. 310

2.5. 1 .213

3,029 6,088

481

253 156

.141

15.6

fi2 60

. 306

3.5. 7 . 208

580

220 132

. 135

15.8

322 85

.269

28.9 .224

'o 311 '1, 835 ' 1, R59 '2, 011 -· 862 ' 682 ' 635 731

. 34!} '105

. 345 110

154 123

1, 821 ' 2, 591

93 47

. 345 94

125

2. 468

.3.50 79

137

2, 458

573

205 121

. 134

14.6

397 111

.266

37.0 . 208

3,050 5, 307

1, 550 523

. 348 73

157

2, 458

572

210 123

.139

14.4

343 122

. 280

39.0 .205

667

251 160

.146

13.9

250 120

. 343

22.9 .203

1, 679 ' 1, 990 580 693

. 348 . 348 69 9.5

185 206

1, 479 934

658

331 233

. 155

13.4

227 113

.416

8.0 .200

3,376 5,202

2,074 725

.340 141

218

609

839

448 340

.139

14.0

236 98

. 377

10.0 . 201

2,075 569

.340 143

219

449

734

386 265

. 131

13.9

162 77

. 394

11.6 . 209

2, 281 940

.338 134

228

324

562 538

335 328 203 198

.136 .138

14. 5 a 14.4

117 64 61 47

. 367 . 354

14.7 .210

3.9fl4 6,080

2,530 1,135

.340 106

231

16.6 .230

1, 241 434

.340 114

202

416

'291 '176

. 153

13.4

31 38

.370

46.8 .251

2, 238 851

.338 llO

T 175

200 175 975

254 153

.147

15.8

.239

. 335

15.5

Entries from off-shore, total? ________ do ___ _ 528 550 473 600 Hawaii and Puerto Rlco ___________ do ___ _ 169 166 139 205

93 654 164

39 605 262

56 440 272

46 863 277

71 967 256

122 679 129

629 528 100

928 144 79

829 105 39

351 1, 558 ----820- ========

83 133 --------Dell veries, totaL _____________________ do ___ _

For domestic consumption _________ do ___ _ For export and livestock feed _____ _do ___ _

~tocks, raw and refined, end of month_do ___ _ Exports, raw and refined _____________ sh. tons __ Imports'

Raw sngor, total? -----------thous. sh. tons __ From Republic of the Ph!llpplnes ____ do ___ _

Refined SURar, totaL ___________________ do ___ _

Prices (New York): Raw, wholesale _____________________ $ per lh __ Refined:

Retail§ __________________________ $ per 5lh __ Wholesale (exd. exelsetax) ________ $ per]b __

'T~a. Imports ___ ------------------------- thons. tb __

B;1klng or frying fats (Incl. shortenln~): Production ______________________________ miJ. !h._ Storks (producers' and warehou~e}, end of month

mil.lh __ Salnd or coo kim~ oils: Production _________________________________ clo ___ _

Storks (producers' and warehouse), end of month mli.Jh __

i\1 nr!'arlne: Production ____________ ------ _____ ------ ____ do ___ _ Stocks (producers' and warehouse), end of month

mll.lh __ Price, wholesale (colored; mfr. to wholesaler or

large retailer; delivered) ______________ $ per lb __

FATS, OILS, AND RELATED PRODUCTS

Animal and fish fats: .6, Tallow, edible:

808 801

7 1, 716

510

338 106

14

. 063

. 570

.087

9,111

204.7

lliJ. 9

177.0

154.2

143.6

38.3

• 268

821 813

8 1,59S

259

'359 102 25

.065

. 569

.089

10.808

223.8

173.8

211.2

245.0

143.8

39.0

. 2.56

603 596

8 1, 974

202

18.5 33 19

.064

. 573

.088

9,378

214.5

130.3

195.1

206.9

140.6

37.7

. 270

84S 841

8 1, 73.5

134

T 298 73 8

.064

. 574

.088

10,800

214.4

142.7

235.8

223.5

142.9

38.3

. 270

706 696

10 1, 740

194

31fl 13fl 26

.065 I

. 564

. 089

11. 782

231.7

155. 8

228.4

242.4

13!i. 9

37.3

. 270

833 824

9 1,624

225

494 186

17

. 064

. 56.5

. 089

12, 74i

230.8

177.9

234.9

2!i4. 3

136.1

39.9

. 270

960 952

8 1, 567

270

363 136 53

. 06.5

. 565

.089

8,019

227.4

217.3

254.6

272.8

129.6

42.7

. 2.58

892 883

9 1,315

194

469 204 •14

. 064

• .10.') .089

11,303

189.0

201.1

230.9

264.1

125.9

39.3

. 246

1,078 1, 067

12 898 336

308 137

9

.066

. 566

.089

10.245

242.9

199.5

206.1

253.8

140.1

38.0

. 246

8fl0 850 10

836 555

400 •71

15

. 063

. 569

.090

10,825

221.2

198.4

191.9

244.0

137.0

38.5

.245

833 827

5 1,185

201

429 38 17

.066

.370

.090

10,725

253.4

1~7. 2

191.2

240.2

165.1

37.8

. 245

778 773

5 1,893

268

481 .58 20

.064

. 573

.090

10.128

241.6

182.1

189.0

248.6

155.9

40.3

. 245

8.% 828

7 2,257

293

338 99 87

.06.5

. 574

.090

12.536

197.9

167.9

194.7

274.4

157.0

39.3

. 238

745 737

8 • 2, 080

291

1.57 2 5

. 067

.093

7, 275

211.2

1FO. 7

176.6

325.0

173.9

49.0

•. 238

137

3fl5 86 1.5

.068

12,202

207.0

171.4

205.0

281.5

148.0

52.4

Production(quantitiesrendered) ______ m:J.lb __ 36.2 35.8 39.3 35.5 33.3 40.8 36.7 33.4 38.9 32.2 35.7 34.f 32.4 38.5 42.5 Consumntioninendproducts ____________ cto ____ 31.4 30.7 36.0 30.5 28.6 32.9 28.4 29.5 37.5 30.1 31.9 30.0 23.1 26.0 28.3 Stocks (factory and warehouse), end of month

mil. Jb__ 26.8 25. 7 25. 0 24. 2 23. 5 26. ,5 29.0 30.3 24.3 20. 8 21.7 24. 1 33.0 37. 7 43.3 Tallow and grease (except wool), Inedible:

Production (quantitiesrendered) _________ do ____ 296.2 287.8 292.1 287.0 274.7 305.6 288.5 274.6 295.4 259.6 297.9 295.7 269.4 305.9 291.0 Consumption in end products ____________ do____ 144.8 150.6 138.6 153.3 148.4 170.9 164.3 120.3 166.6 152.7 158.1 138.5 140.1 161.8 151.1 Stocks (factory and warehouse), end of month

Fish and marine mammal oils: mil. Jb__ 369. 4 384.6 393.1 425.0 412.3 3.18. 2 340.4 381.2 366.0 364.6 370.6 396.8 396.7 475.0 430.0

Produrtion _______________________________ do____ 21.5 Consumption in end products ____________ do____ 9. 3 Stocks (factory and warehouse), end of month

mil. lb-- 123.7

20.3 8. 2

144.0

.4 .3 7. 9 8. 4

114.7 101.7

4. 9 31.1 51.8 4.5.1 32.5 29.7 38.3 7.7 8.3 9.0 9. 3 ~6 ~8 ~5 ~9 8.3

98. 3 130. 2 148. 2 166.7 149. 7 161.9 170.4 178.2

a Beginning Jan. 19fl3, inl'ludcs datu for Alaska and Hawaii. 0Cases of 30 dozen. d'Bags of 132.2761b.

.6 '.4 7. 8 '8.3

182. 4 ' 166. 3

.3 7.4

161.8

.068

r Revised. 21 Preliminary. 1 Quarterly average. tRevisimas for .Jan.-Aug. 1960 arc shown in the Oct. 191J1 SURVEY.

?Includes data not shown separately. §Price for New York and Northeastern New Jersey.

.t,For data on lard, seep. S-28.

~-30 SURVEY OF CURRENT BUSINESS

Unless otherwise stated, statistics through and descriptive notes are shown in the edition of BUSINESS STATISTICS

1960 ------ -----.-----.-----.-----.---.---.---.---.---.---.---1 I

1961 1 19621 1962

1961 . ~~,::.~~~ Fch. I Mar. I Apr. ll\Iay I June I July I Aug. I Sept. I Oct. I :\oY. I Dec.

FOOD AND KINDRED PRODUCTS; TOBACCO--Continued

FATS, OILS, AND RELATED PRODUCTS-Continued

Vegetable oils and related products: Vegetable oils (total crude and refined):

Exports ____ -------- _____ ------------ ___ mil. lb __ Imports_---------------- _________________ do_--_

Coconut oil: Production: Crude __________________________________ do ___ _

Refined ________________________________ do ___ _ Consumption in end products ____________ do ___ _ Stocks, crude and refined (factory and ware-

house), end ofmonth ________________ mll.lb __ Imports _________ ----------------- ________ do ___ _

Corn oil: Production: Crude ___________________ ------ _________ do ___ _

Refined __ ------------ ____ ----- _________ do ___ _ Consumption In end products ____________ do ___ _ Storks, crude and refined (factory and ware-

house), end ofmonth ________________ miJ.Ih __

Cottonseed cake and meal: Production _______________________ thous. sh. tons __ Stocks (at oil mills), end of month _________ do ___ _

Cottonseed oil: Production:

Crude __ ------------------------------ _mll.llL _, Refined ____ ----------------------------- _do_-- -1

Consumption In end products ______________ do ___ _

St~~~'t;{~2~th~-~~~~-e-~~~~~~~~:'-~~~-~-~r~,~7~~l~~-~ Price, wholesale (drums; N.Y.) ______ - __ $ perlb __

Linseed ol_l: . I Productwn, crude (raw) _________________ mil. lb_.

1 Consumption in end products ______________ do ___ _ Stocks, crude and refined (factory and "are house), 1

end of month __________________________ mil. lb __ l Price, wholesale (Minneapolis) __________ $ per IlL.

Soybean cake and meal:, Production __ -------------------- thous. sh. tons __

1 Stocks (at oil mills), end ofmonth _________ do ___

1

Soybean oil: Production:

~~~~~;c:::::::::::::::::::::::::::: :::tl~0~~:: 1 Consumption In end products ______________ do ___ _ Stocks, crude and refined (factory and warehouse),

end of month __________________________ mil. lh __ Price, wholesale (refined; N.Y.) _________ $ per IlL

Leaf: TOBACCO I

92.6 47.2

41.6 38.6 54.4

313.6 13.6

28.0 2(). s 2r.. 4

34. fi

204.0 lij8, 4

149.5 12:1. !i 110.7

335.8 . 18()

::;s. !i :ll. 8

10~. 0 .142

778. 4 147.2

I 37o. 2 I 299.4 288.7

704 .. 1 . 1.17

141.4 55. 1

136.9 44.3 57.5

243.4 22.1

30.4 2\J. 3 2fl. G

48.7

222 .. 1 118. 1

1Dl.5 132.4 108.8

419.6 . 107

31.8 31.!)

112 .. 1 .142

867.8 86.5

407.4 338.9 340.6

791.6 .133

10.1. 0 37. 4

3S. H 39.R 51.4

291.8 i. 6

27.8 24.4 20.!)

42. l

2n~. 5 113. H

2011. i 1fi4. :1 10fi. 7

48S. 7 . 181

33.4 20.4

140.6 . 1.\2

811.1 89.2

395.0 312. I 304.0

959.2 . II.\

1<2. fl 49. 4

-11.5 40. \) 61.7

28!1. f)

15.3

31. 5 21\. G 21.0

·19. 5

212. !i 123. 4

182.0 1(12. f)

117. ~)

477 .. 1 . 17\l

30." 32.9

137.0 .l:V2

Ri)9. 1 tJI. 2

422. 7 3.11. 7 3-17. ~

95o. 4 . 142

181i.1 .13. !J

319 4ii. 8 Ill.!\

209.9 17. g

:n. 3 2R. 7 24. 1

54. 1

146.3 142. n 121.5

,513. 4 . 17G

317 :H. S

13.5. 3 . 152

o41l. 3 96.0

397. 41 :w,_1 3411. 5

924.o . 141

141.0 51.0

28.0 47. 0 liO.O

2-t:). 0 1\1.0

32.3 :w.R :Zll. 7

5.~. fl

1311. !I 1G!. 0

fl~. 2 117.4 112.2

4.18. 4 . 171

23.3 3.1. 4

121.2 .1.11

8!!1. 4 101.8

425. 4 3,1')2. 7 3.12. 1

!)30. 4 . 1a3

215.4 41.0

(2) 45. 5 fi2.1

218.8 16.0

32.0 26.8 28.9

51. (I

99.9 155.7

74.9 ill.-1

107. 8

401. 5 .H\9

20.9 36.0

105.4 . 147

7!14.11 88.0

376.6 31\4. !l 378.7

808. H 128

234.0 as. 6

3.1. 6 36.0 49.3

220.6 V1. 5

30.3 28.4 27. 1

52. I

85.2 133.9

03.7 72.8 98.0

324.4 . lOS

14.3 3.5. 1

79.3 .145

807.7 912

383.9 31-1. fi

337. o I 763.3 .122

162. 1 57.1

30.1 48.5 fl4. 7

209.4 :Zfl.l

33.3 34.8 32. 1

49 . .)

103.2 94.2

7.1.1 77.8

107. G

270.7 .lfil

27.1 :J.\.2

73.2 -138

799.0 72. g

124.2 5fi. 5

37.7 47.0 58.0

206.1 15. 5

29.6 28.9 28.5

49. 4

237.9 !19 .. 5

167.2 113.3 104.1

296.2 . 158

44.8 31.7

83.8 .131

7119.2 85.1

379.7 334.4 339.9

1

31R 1 342.8 331.7

' 686. i 607.0 .125 .123

71.6 70.9

44.3 45. ,, 61.2

203.2 38.2

32.2 :~2. 4 29.6

48.8

126.4 72.2

43. 1 45.6 54.7

219.6 31.3

30.3 :l2.1 26.6

50.5

348.3 362.ll 92. ~ !19. 2

243. g 2.).5. 4 147. (j 175.3 11.1.9 103.4

379 .. \ 460. 8 .15.1 151

49.0 39.9 31.4 27.4

99. 7 116. 6 .121\ .129

914.8 988. 2 68.3 64.4

128. (j 452. 3 369.11 355.2 36.1. 1 344. 2

581. :; 629.8 . 130 . 12\1

137.5 71.9

(2) 43.8 ,\1. 2

242.8 41.4

26.3 31.8 28. i

44.4

300.0 98.5

211.4 lt12. fi 101.2

.529. 9 . 151

33.8 25.6

123.4 . 127

981.9 88.8

4fi0. 4 329.6 320.2

718. 1 . 128

April 1003

1963

Jan. I Feb. I :\iar.

38.7 23. 4 42.4 42.3 ; _______ _

54.8 54.0 1--------240.5 2.\4. 9 ! _______ _ 45.3 37.7 , _______ _

31.0 27.3 1--------30.0 30.9 1--------24.1 27.4 1---------

49.3 46.1 !--------

322.1 105.2

228.3 171.4 104.3

598.1 p. 152

39.1 28.6

130.9 v .127

987.2 99.3

456.2 348.8 328.0

'703. 6 p. 134

290.5 122 .. 1

1

--------

--------

655. 7 !--·-------------!--------

30.9 '--------28.0

132.4 --------

893.3 78.7

413. 1 i--------315. 0 326. ·' '--------

824.2 1------·---------1--------

I Production (cropestimate) ______________ mil.lb __ 1

. 3 2,061 3 2.21i1

Stocks, dealers' and manufacturers', end of quar-ter, totaL ___________________________ mil.lb __ l'4,580 4 4,W3

Exports, incl. scrap and stems _________ thous.llL_ 41.750 39.073 Imports, incl. scrap and stems _____________ _do ____ : 13, Hill '13, 9.\1

Manufactured: I

33. 7Hi 14. 11'2

i~: m hn~~ !:~;;~I;: -~~-~~~ ::;~:;~~: :~::·;~~: -;i,.~~~- -fn~~-~-;~:~~r -;~j~i- _:~;~84 : :~;:;~;:~-;;;;;;; H. ii3 113, uss]15. O:Ja H. 094112, 34G 15.926 \13, 367 Production (smoking, chewing, snuff) ______ do ____ 14,429 J.l, OOH

Consumption (withdrawals): Cigarettes (small): . . , , .

1 2q6 Tax-exempt_ _______________________ milhons_.l , , · '

Taxablc ________________________________ do ____ llO, 077 Ci~ars (large), taxable ____________________ do____ 531 Manufactured tobacco, taxable _______ thons.lh __ 14,123

Exports, cigarettes _____________________ millions __ ! I. 8.\1

3. 422 41.:205

,\:JO 13,770 2.007

12,8SO

:l, 2H3 35,836

4:i2 11, 7M 1, 9~~

I ! I ' I

t~: ~~~ I 3~: ~~~ I 4~: h~1 41: g~I ' :{~: ~~~ 4~: g~g 4~: ~~g .1n !itii : G23 ;;;1;; i o20 596 S1!i

14. 0><'. 1a. 1<4\1 : 14. IHii 14.200 I 12. i<>li 15,031 13,3:13 '2,0tli I :2,1()!\: 1.~"'0 2.11f) j 1,9C2 ~.002 2,188

16,499

3, 221 45. 4(\1

()22 15,711

I. 217

14,337

3,661 42,546

6fi2 13,863 2.155

l, EATHER AND PRODUCTS

HIDES AND SKINS I Exports:

Value, total<;? _________________________ thous. $ __ Calf and kip skins __________________ thous. skins __ Cattle hides ________________________ thous. hides __

Imports: Value, total<;? --------------------------thous. $ __

Sheep and lamb skins ______________ thous. pieces __ Goat and kid skins _________________________ do ___ _

Prices, wholesale (f.o. b. shipping point): Calfskins, packer, heavy, 9)2/15lb ______ $per lb __ HWes, steer, heavy, native, over 53lb ______ do ___ _

LEATHER Production:

Calf and whole kip _________________ thous. skins __ Cattle hide and side kip ___ thous. hides and kips __ Goat and kid _______________________ thous. skins __ Sheep and lamb ____________________________ do ___ _

Exports: Glove and garmmt leather _________ thous. sq. ft__ Upper and lining leather ___________________ do ___ _

Prices, \vholesale: Sole, bends, light, f.o.b. tannery ________ $ per IlL_ Fpper, chrome calf, Band C grades, f.o.b. tan­

nery_------------------------------$ per sq. ft__

7.17U 209 037

5. 35i 2, 325 1. 22R

p. (i31 p. 150

533 l.o\JS 1.2:m 2. fi5S

5. 244 -1, 2!Jl

p' 707

li. 909 171 59::1

'5.5:19 2, 1fl0 1, 19S

1J 't523 p .lfi2

4!18 T J' 87S

1, 1()2 2 • .150

:1.502 :::.01!)

p. 711

pI. 401 p 1. 326

fi, fil4 179 H2

7, GJ.~ :1.122 1,601

. 7011

. 138

51() 1. o!l:l l. 114!! 2, .170

:;, lll3 2,S21

. 710

1. 380

r Revised. v Prelinlinary. ' Average based on months for which data <lre awilablc. 2 ;-;'ot available. ' Crop estimate for the year. • Quarterly avenwc.

6, 3114 2:ri .115

\), 111 s. ;:sa 1. -lli3

. 700

. 1:18

:i. 677 :?12 4;):2

li.IJ35 l. ()Sj' l. 512

.fi.'Vl

.I Ia

489 50.\ 1, 913 1. S.\~ 1, 133 1. Ifill 2, 330 2, 411

2. 951 a. 5.17 :J, 2:12 3, 113

. 71:l . 717

1. 33o I 1. a23

fi. \1;)7 J.q .'"1/:2

7. O!i7 3. :;sn l, 202

. 050

.lfi~

472 1, 9HH 1, 211 2.son

3 . .)(hi 2.·!\1\J

. 72()

1. 3:i7

7. ~J44 1.~0 t)Q;)

o13 1, 882 1. 241 2. 643

3. 9.\0 3. :1s7

. 680

1. 350

7. ;)]~ llH liHO

4.9:21 1. 115

HS:!

:;Ho 1, sa:; I. 13:J ] • ~lf/2

:!, 2-!9 2, 93:l

. 710

8, .\06 13i\ Ti;J

.1. 17:? :2,070 1.3/:i

. (\()1)

. 158

537 1,9!14

!)1)7

2, 809

:2. :-.2H :J, IOo)

. 710

1. a37

6, 746 217 5R2

3. 97!1 1. 1.';9

913

. r,zs .108

452 1, 795 1, 049 2. 435

3. G9R 2, 9311

.710

1. 337

~DaUt fonnerly ::~hown in mil. lb.

i i I

6,~~~ i ss1 1

4, 398 2. 0.~:2 :

9-14

. 575

.163

7,[.04 184 ()72

3, 4!!2 1.103

992

. 550

.1.13

531 !)32 2. O<JO 1, 91ii 1, :J34 1. 2.)7 2, 8.\5 2. 8:iii

4, lUG ! :3, Ri'9 2. 284 2. 873

. 710 ' . 717

1. 307 : }. 21i0

9 Includes data for items not shown separately.

11,212

3,.11-l 34, 734

336 11.9.13 2.451

5, 510 125 530

3,:J61 823 989

• 5.10 . 138

472 t 1, 72,")

1,134 2,427

4, 1;!5 ;1, s~:J

. 717

14.236

2. 417 43,4fl7

494 13. 903

581

3, 961 39

382

2. 217 442 897

p. 500 p .133

515 1, 871 1, 370 2, 714

3, 221 1, 042

p. 697

1. 220 ' 1.196

________ I

I " 104 '

'• ~i~ 1::::·::· 6,153 2. 546 1, 782

5, 777 --------

::~:~~~r:::::_

April lf)63

Unless otherwise stated, statistics through 1960 and descriptive notes are shown in the 1961 edition of BUSINESS STATISTICS

LEATHER MANUFACTURES

Shoes and slippers:t Production, totaL _____________ ..... thous. pairs ..

Shoes, sandals, and play shoes, except athletic thous. pairs ..

Slippers for bousewear·-···-···--·-······do ... . Athletic. __________ - ___ -_-_-_. __ .. -..... _.do_ .. . Other footwear ____________________ ·-·-· .. do .. -.

Exports ____________________________________ do ___ _

Prices. wholesale, f.o.b. factory: 1\.Jpn's anrl boys' oxfords, dress, elk or side

upper, Goodyear welt ... -.. --.. 1957-59=100 __ Women's oxfords, elk side upper, Goodyear

welt.._ .... --·--·-------- _______ 1957-59 = 100 .. Women's pumps, low-medium quallty ___ do ___ _

LUMBER-ALL TYPESt

National Lumber Manufacturers Assoei<ltion: Production, totaL ___ ....... - ........ mil. bd. ft..

Hardwoods. ______ ... _ .............. _ .... do ... . Softwoods-----·---···-···-·············· .do ... .

Shipments, totaL----·-····-··········-····do ... . Hard woods _______ ··--· ...... -· .......... do ... . Softwoods __________ ·--·- ___ ·- ... _ .. _ .. ·- .do ... .

Stocks (gross), mill, end of month, total.._do ... . Hard woods ___ --------._--·--·- ______ -· .. do ... . Softwoods_-----·--·--------- ... -- .... - .... do ... .

Exports, total sawmill products. _____________ do ___ _ Imports, total sawmill products .. --··-······-do_ ...

SOFTWOODSt Douglas fir:

Orders, new.-----------·-···--·--··-.mll. hd. ft_. Orders, unfilled, end ofmonth _____________ do_ ...

Production-----_-- _____________________ . ___ do_._. Shipments _______________________________ ._ do .... Stocks (gross), mill, end of month. _________ do ___ _

Exports, total sawmill products ____________ do ___ _ 8a,ved timber------------------------ ____ do ___ _ Boards, planks, scantlings, etc. __________ do ....

Prices, wholesale: Dimension, construction, Oried, 2" x 4", R. L.

$per M bel. ft .. Flooring, C and better, F. G., I" x 4", R. L.

Southern pine: $perM hd. fL.

Orders, new ______ ,. ___________________ mil. h'l. fL. Orders, unfilled, end of month .. ·-··------.do. __ _

Pro,lnction_ .. _.·--------------------- _____ do .... Shipments. __ -------------·-· .. -·------· __ .do .. -. Stocks (gross), mill and concentration yards, ('nd

of month·-··-------------···-·-----mil. hd. ft __ Exports, total sawmill products .. ______ M hd. ft ..

Sawed timhrr ------------------------- ___ do ___ _ Boards, planks, seantlings, etr ___________ do ___ _

Priers, wholPsale, (indexes): Boards, No.2 and better, 1" x 6", R. L.

1957-59=100 .. Flooring, Band better, F. G., I" x 4", R. L.

1957-59=100 .. Western pine:

Orders, new----------------·-··-·-···mil. bd. ft.. OrdPrs, unfilled, end of month .. __________ do .. --

Production _ --· --·--------- _____ ---·-- __ ... _do._ .. Ship men ts ..... _. ____ . __ ... _____ .. ________ .do. __ . Stocks (gross), mill, end of month --·· _____ do ___ _ PricP, whol<•sale, Ponderosa, boards, No. 3, I" x

12" R. L. (6' and over) .... --... $ perM b<l. fL_

HARDWOOD FLOORING

Flooring: Maple, heech, and birch:

Orders, new ________________________ mil. bel. ft.. Ord<'r., unfilled, end of month .. _________ do ___ _ Prod uetion .. ________________ .. ___ ... __ . __ do ___ _

Shipments ···----··-·-·----·--·---------.do .. -. Stocks (gross), mill, end ofmonth. _______ do ___ _

Oak: Orders, new---------------- ______________ do ___ _ OrdPrs, unfilled, end of month. ··----.- .. do. __ _ Production .... _----·-- ______ . __ ._. __ .... _do._·-Shipments.--·-·····--·-·---·· .......... _do ... _ Stocks (gross), mill, Pnd ofmonth ... _____ do ___ _

,. Revised. P Preliminary,

SURVEY OF CURRENT BUSINESS

1962 1961 1 19621

rvionthly average Feb. I Mar. I Apr. I May I June I July I Aug. I Sept. Ort. I Nm. ! "'" I '~ I

LEATHER AND PRODUCTS-Continued

49,442 51.617

42,303 44. Oll 6, 081 6. 326

553 560 505 720

179

105.5

108. 1 llO. 2

177

105.6

107.8 111.2

53,037

47.066 4, 943

562 466

166

105.8

108.3 no. 9

58,577

51,497 5. Sll

709 560

202

105.8

108. 3 111.0

51,975

45.374 5.161

728 712

192

105.8

108.3 !ll. 1

52.498

44,465 6, 615

588 830

191

105.8

!08. 3 Ill.!

49 .• )07 46, 322 59, 295

41, 784 39,833 6, 511 5. 550

584 352 628 587

159

105.8

108.3 110.9

131

105.8

108. 3 111.2

49,275 8, 585

575 860

206

105.8

108.3 111. 1

J,UMBER AND MANUFACTURES

2, 654 497

2,157

2, 705 ,)36

2,170

7. 001 1, ~63 5, 138

63 355

tl40 471

642 640

1.126

23 10 12

78.43

124.21

474 224

467 472

1, 360 5, 827 I, 342 4, 486

92.7

95.3

708 :l.58

749 759

1,858

69.63

3.1 11.3 3. 1 3.0 8. 7

64. 2 35.6 65.5 65. 4

100.8

2, 740 536

2. 204

2. 758 530

2, 227

6. 292 1.488 4. 804

63 '40~

672 498

6.55 665 993

26 10 17

78.65

122 .• 52

503 2.5.5

503 500

1,366 6,325 1, 571 4, 754

93.1

94.6

769 400

758 7()6

1.679

67.43

3.1 10.5 2. 7 2.9 7. 9

H5. 7 42.8 6.0.0 65. g 75.2

2. 4.19 432

2, 027

z .. o37 !i30

2,007

6 .. 520 I, 4:19 5, 081

M '337

1\18 577

626 573

1,131

18 7

11

76.18

119. \)8

507 271

476 457

1,415 8, 924 I, 381 7, 543

93. f)

94.3

781 441

1157 720

1, 703

6.5. 69

2. 6 10.8 2. 6 2. 4

10.0

65.5 43.8 57. 7 57.2 98.3

2, 678 417

2. 261

2. 830 .006

2, 324

G. 369 I, 3!>0 5.019

70 400

67\) 504

706 7:l2

1, 105

35 14 22

77. gg

120.41

543 283

517 .531

1, 401 5, 2\)\) 1. 700 3, 599

9-1.1

94. 3

7M 41i7

725 ns

1,1>90

67.38

3.0 11.1 2.8 2.6

10.2

65. 4 49.3 114. 4 112.7 96.9

2, 670 4t11

2. 209

2. S37 .520

2, 317

6, 21.5 1. 291 4, 924

5H 43!)

717 534

077 68R

1,108

26 12 14

78. 46

120.41

.523 292

495 .514

1,382 6, 777 I. 634 .5,143

94. 5

782 461

728 788

1,630

70. HI

2. 7 11.0

2. 4 2.6

10.0

B6. 6 51. 1 57.2 63.6 88.4

3. 020 524

2, 496

a. 101 528

2. 629

6, 073 I, 287 4, 786

78 457

7.57 511

727 780

1,050

30 15 1.5

79.03

120.58

,587 286

572 593

1, 361 9,398 4, 3G7 5. 031

94.6

94.4

881 435

868 907

1, 591

71. 4U

4. 0 11.3 2. 8 3. 5 9. 0

72. 7 49.9 66.8 74. 6 80.7

2. 825 054

2. 271

2, 944 519

2, 42.5

fl. 95fi I, 324 4, 631

61\ ,. 4f)7

741 500

661 /.12 958

24 8

15

78.90

120.10

505 264

519 527

1. 3.o3 6, 615 1, 944 4. 671

94. 4

94. 6

~0\1 437

784 807

1 . .568

09.59

4. 6 11.6 3.0 4. 0 8. 2

68.9 47.6 66.1 70.9 74.8

2, 649 M2

2,0fl7

2. 682 491

2. 191

.1, 934 1, 38.1 4 . .149

64 482

628 .004

581 624 927

28 9

18

81.29

122.18

!i02 2.51

495 515

1, 333 5, 801 1, 787 4,014

93.5

94.3

783 440

7.59 775

1, 552

69.08

3. 2 11.0 2. 7 3. 4 7. 0

67.3 46.9 63.5 68.2 liS. 9

3,164 6:l3

2 .. 531

3. 058 5:l5

2, 52:-J

6, 037 I, 483 4, 554

.57 4\)1)

721 481

714 744 893

26 8

18

81.50

123.31

546 246

560 551

1, 342 5,\132

811 5,121

92.3

94.7

805 366

928 884

1,596

67. 76

3. 4 10.1 3.0 3. 5 6. 2

80.9 46.3 77.9 81.6 ll4.6

48.935 53.652 47. 244 42. 465

39, 540 43, 30S 38, 570 37, 391

.53, 457

48,485 4,084 7,829 8,702 7,375 3,906

499 .190 .186 489 465 423 l. 067 1, 052 713 li79

197

!05. 8

108.3 111.4

2, 911 620

2, 291

2. 712 o:l3

2, 179

6, 202 1, O:l7 4, 665

59 408

595 44.1

632 631 894

22 \)

13

81.39

124. 73

503 249

498 500

1, 340 G, 941 2, 234 4, 707

91.9

94. 8

742 354

R71 754

I, 713

66.03

2.3 9. 7 2. 5 2.6 6. 1

69.8 43.6 66.2 69.7 59.4

215

105. 1

106.5 111. 5

3,088 642

2, 446

2, 931 563

2, 368

6,4M 1, 720 4, 734

58 474

697 460

69ti 681 886

27 9

18

79.41

12.1. 98

M2 243

5.51 548

1,343 3, 880

300 3, 580

91.8

95.1

817 358

871 813

], 771

66.25

3.0 9. 7 2. 9 3. 0 6.0

66.6 38.0 77.2 7.5. 0 59.9

201

105.1

106.5 111. 4

~. 839 673

2,166

2, 728 620

2.108

6,509 I, 723 4, 786

68 3.')7

628 441

M81 fi47 914

27

20

77.81

125.98

480 ~31

493 492

1,344 5, 543

637 4. 906

U5. 2

tjf'i4 314

715 697

1. 789

()5. 15

3.0 9.6 2. 6 2. 8 6.0

tlO. 2 32.4 68.8 64.9 til. 5

!54

105. I

106.5 111.8

2473 • 614

1, 8.59

2,431 602

1,829

6, 596 1, 779 4, 817

64 301

629 507

576 063 928

10.5. I

106.5 110.9

2,603 ()03

2. 000

2.179 i\94

1. 98.5

6 . .090 1, 788 4.802

58 252

67.5 570

657 mz 943

26 25 s 9

IS 17

76. 66 p 77. 80

126. 44 p 127.43

366 460 225 243

416 372

1,388 .5,898

673 5,225

91.1

94.9

6118 34.1

657 667

I, 779

6R. 2()

2. 4 9.8 2. 6 2. 0 6.3

47.0 29.4 54.0 49. 1 48.5

474 442

1,420 I, 393

305 1, 088

90.9

94. (\

713 403

604 ()55

1, 728

J!(i,1. 26

3.0 10. 5

2. 8 2. 4 6.8

m. 7 3:·t 3 67.4 t\3. 8 52. 1

s-31

1963

Feb. I :\lar.

50,922

45,911 4,089

540 382

2. 560 620

1. 940

2, 540 655

1, 885

6, 590 1. 753 4. 837

61 410

621 617

644 573 994

24 9

15

425 250

448 418

I, 450 7, 614

761 6, 853

f587 367

578 {)23

I, 683

3.0 10.6

2. 7 2. 6 6. 9

76.0 50.8 58. 1 58.6 51.6

tRevisions for 1960-Sept. 1961 appear in Cen~us report (M31A(61)-13). t H.evisions will be shown later as follows: Production, shipments, and orders, 1959-0ct.

1961; stock~. 1948-0ct. 1961; exports, total sawmill produets, 1961.

S-32 SURVEY OF CURRENT BUSINESS

1962 Unless otherwise stated. statistics through 1960

and descriptive notes are shown in the 1961 edition of BUSINESS STATISTICS

1961 1 1962

Monthly nvernge F<·h. I Mar. I Apr. I May [ June I July I Aug. I Sept. I Oct. I :"J'oY.

METALS AND MANUFACTURES

IRON AND STEEL

Foreign trade: Iron and steel products (excl. advanced mfs. and

ferroalloys): Exports, total<;> d' ..•........... thous. sh. tons .•

Steel mill products ...............•..•.. do ... . Scrape!' ..•••.•.•••..••••.........•..... do ... .

Imports, total<;> d' .•...•••.••...•.••••••. do ... . Steel mill productsci' ..••••••...•••••..• do ... . Scrap .................................. do ... .

Iron and Steel Scrap Production and receipts, totaL ...•. thous. sh. tons .•

Home scrap produced ...................... do ...• Purcha.<ed scrap received (net) ............. do ...•

Con"'Imption, totaL .......................... do ..•• Stocks, consumers', end of mo ________________ do ___ _ Prices, steel scrap, No.1 heavy melting:

Composite (5 markets) ............. $ per lg. ton .• Pittsburgh dlstrict. ...................... do ... .

Ore

Iron ore (operations in all U.S. districts): Mine product.lonci' ............... thous. !g. tons .. Shipments from minesci' ................... do .••• Importsci' .................................. do ...• U.R. and foreign ores and ore- agglomerates:

Receipts at iron and steel plants ......... do ...• Consumption at iron and steel plants .... do .... Exports d' ................................ do ..•• Stocks, total, end of mo. d' •.............. do ... .

At minesci' ............................. do ... . At furnace yards ....................... do ... . At U.S. docks .......................... do ... .

Manganese (mn. content), generalimport.sci' .do ... .

Pig Iron and Iron Products Pig iron:

Production (excl. blast furnace production of fer-roalloys) ....................... thous. sh. tons ..

Consumption .............................. do ... . Stocks (consumers' and suppliers'), end of mo.

thous. sh. tons .. Prices:

Composite ....................... $ per !g. ton .. Rasic (furnace) ........................... do ... . Foundry, No.2, Northern ............... do ... .

Ca.<tlngs, gray iron: Orders, unfilled, for sale, end of mo.

thous. sh. tons .. Shipments, totalci' ......................... do ... .

For saleci' ................................ do •.•. Castings, malleable iron:

Orders, unfilled, for sale, end of mo. thous. sh. tons ..

Shipments, totaL .......................... do ... . For sale ...•....•...•.•••...•.•........••. do ... .

Steel, Crude, Semiflnlshed, and Finished Steel ingots and steel for castings:

Production ...................... thous. sh. tons .. Index ............................ 1957-59 = 100 ..

Steel castings: Orders, unfilled, for sale, end of mo. •

thou.s. sh. tons .. Shipments. totaL .......................... do ... .

For sale, total.. .......................... do ... . Steel forgings (for sale):

Orders, unfilled, end of mo ................. do ...• Shipments, total. .......................... do ... .

Drop aud upset. ......................... do ... .

Steel products. net shipments: Total (all grades) .......................... do ... .

Semlfinished products ..•.......••.....••. do ... . Structural shapes (heavy), steel piling ... do ... . Plates .................................... do ... . Rails and accessories ..................... do ... . Bars and tool steel, totaL ................ do ... .

Bars: Hot rolled (incl. light shapes) .... do ... . Rein forcing .....•••..•.....••.... do ... . Cold finlshed .................... do ___ _

Pipe and tubing .......................... do ...• Wire and wire products .................. do ... . Tin mill products ........................ do ...• Sheets and strip (Incl. electrical), total. .. do ___ _

Sheets: Hot rolled ...................... do ... . Cold rolled ..................... do ... .

Steel mill products, inventories, end of mo.:•

1,018 166 809

615 168 426

329 '424 262 342 21 22

5,315 5,494 3.206 3,387 2. 109 2,107 5, 361 5, 513 8, 651 8, 844

36. 64 p 28. 12 35. 00 • 29. 00

.5,983 6.033 2,151

7, 759 8,143

415 R1, 930 15.873 59. 790 6,267

86

5,393 5, 483

3, 250

!\5. 95 flu. oo 66.50

653 902 514

56 60 36

S,l68 100.9

153 101 78

274 99 73

5,510 212 395 496 70

839 532 204 98

589 253 510

2,147 585

1,013

6,054 5,859

r 2, 786

8,121 8,041

491 '76, 458 15,378

'5o. 293 5, 787

79

5, 477 5. 550

3,178

65.46 65.50 66.00

680 963 527

73 72

8,194 101.2

183 119 93

308 113 86

5,879 231 395 522 86

916 597 199 112 592 259 505

2,373 646

1, 126

Consumers (manufacturers only) .. mil. sh. tons .......... . 10.6 p 4.3 p 4.4

Receipts during month ............... ____ rlo ........... . Consumption during month .............. do ........... .

Warehouses (merchant wholesalers) ........ do ........•••. Producing mills:

In process (ingots, semifinished, etc.) ..... do ........... . Finished I sheets, plates, bars, pipe, etc.) .do .......... ..

Steel, finished, composite price ............ $ per lb.. . 0698

3.4

7.2 6.9

.0698

550 169 357

321 282

17

6. 230 3. 811 2. 419 6.183 8, 506

36.25 38.00

549 153 378

392 340

16

li.805 4. 280 2. fi2.5 6, 777 8. !'34

31.98 33.00

551 149 385

370 325

16

6.078 3.834 2. 244 5. 924 8.689

30.18 32.00

740 1.50 560

509 413

13

5, 547 3, 419 2,128 .5.167 9,068

26.14 28.00

620 158 445

'477 364

19

4,938 3,058 I, 880 4,862 9,196

24.13 26.00

3,514 4,016 4,590 9,482 9,1i17 I, 46.5 I, 546 3, 509 10, 302 11, 117

' 1. 552 • 2, 059 '2, 443 '3, 712 '4. 285

'3,136 '9, 683

79 '70. 967 16.107

'49, 036 5, 824

105

6, 421 6,576

2.961

65.95 66.00 66.50

681 924 474

r 3, 714 '10, 611

41 '66. 016 18.559

'42. 141 .5.316

99

7,106 7,198

2. 949

65.95 66.00 66.50

719 1, 061

563

'5.078 '9, fJ09

362 '62. !06 19.043

1 37,609 4. R51

104

6, 42.5 6, 392

3.079

65.95 66.00 66.,10

704 1, 021

544

'12. 997 '7, 965

625 '66, 399 18.820

'42.041 4. 938

5. 458 5,30!

3. 276

65.95 66.00 66.50

674 1,046

572

'13, 553 '6, 747

8.13 '71. 956 17.326

'49, 447 ,I, 183

'88

4 •. 182 4,605

a. 345

65.95 66.00 66 . .50

628 990 553

470 140 313

'.119 395

66

4,325 2,640 1,685 4, 243 9, 276

24.59 26.00

704 214 461

.505 375

15

4,890 3,046 I, 845 4, 967 9,199

26.86 29.00

902 204 674

374 285 15

4. 706 2.985 1, 721 5,025 8,884

26.39 27.00

9. 050 9, 061 7, 495 11.039 9,811 8,108 4, 041 ' 3, 045 ' 3. 529

'13, 449 '5, 962

1,222 r77, 867

15, 31i4 '56, 934

5, 569

72

4.211 4,167

3,443

65.95 66.00 66.50

643 800 452

'12, 226 '6,668

836 '82, 961

14,611 '62, 492

5. 8.\8

71

4, 586 4, 757

3,368

65.95 66.00 65.50

660 882 551

'10. 540 r 6, 762

654 '86. 675 13,997

'66. 271 6,407

69

4. 659 4, 82.5

3,2fl6

65.95 66.00 66.50

727 922 523

69 70 40

71 76 42

72 ro oo 73 72 ro

9, 698 130.1

198 126 100

356 118 83

6, 626 289 392 612 102 986 682 159 136 534 261 548

2, 903 783

1. 406

11.0 4.9 4.1 3. 5

8. 51 7. 5 . 0698

10,584 128.3

189 149 112

345 132 103

7, 699 325 473 720 136

1,164 823 179 152 657 313 691

3,219 871

I, 566

12.0 5. 6 4. 6 3.6

7.9 7. 5

. 0698

M M U M 00 68 50 •••••••••...•.••••••••••••••••••••••••••

9. 236 115. 7

206 130 102

331 122 92

6, 783 262 434 639 113

1, 048 698 211 130 660 302 532

2, 794 738

1. 371

12.4 4.9 4.fi 3.6

7.6 7. 5

.0698

7 .. 536 91.3

190 136 107

311 123 94

6, 183 220 431 .167 106 980 624 226 122 663 29.1 564

2. 356 60.5

1, 128

12.1 4. 5 4.8 3.6

7. 1 7.0

. 0698

6. 692 83.8

172 127 101

299 122 94

5,360 188 402 453 87

830 .100 222 101 676 273 587

1, 862 .504 822

11.4 3. 9 4.6 3. 5

6. 7 6.8

. 0698

6,174 74.8

170 97 75

302 97 72

4, 505 177 351 381

70 701 413 204 78

600 209 506

1, .109 421 669

10.9 3. 5 4. 0 3. 5

6.8 6.6

.0698

7.098 86.0

173 '113 '88

301 109 84

5, 402 197 40D 438

60 8.54 516 232

" 99 723 253 571

I, 8~7 530 821!

10.5 3.9 4.3 3.4

6. 5 6.5

.0698

7.2.51 90.8

167 '101

so 280 101 ii

5,125 194 351 430

54 824 522 205 91

623 249 453

1, 947 531 875

9.9 3. 7 4. 3 3.3

6.8 6.3

.0698

532 142 380

406 325 20

5,530 3,241 2, 289 5,509 8,916

24.38 25.00

5.580 7,074 3,054

10.364 7.268

447 87,495 11,553 69,367 6.575

85

5,009 5, 213

3,150

65.95 66.00 66.50

695 1, 045

581

74 81 47

7, 781 94.3

171 112 89

271 116 89

5, 579 217 394 453 68

915 570 233 104 595 266 376

2,297 622

1,077

9.2 4.1 4.8 3. 2

6. 7 6.3

.0698

572 189 363

450 353 23

5, 415 3, 252 2,163 5,517 8.807

23.58 23.50

3, 225 3,454 2,476

6.375 7, 366

386 86,171 11,324 68.376 6,471

33

5,094 5. 207

3,075

63.08 63.00 63.50

669 988 535

79 77 45

7,846 98.3

175 106 83

277 108 83

5, 499 225 375 483

73 881 584 187 103 485 238 337

2. 401 671

1,148

8. 9 3.9 4.2 3. 2

6. 7 6.4

.0698

April 196.3

I "" I '"" I 196:3

Feh. I Mar.

~~~ ----·53- ""i74" :::::::: 354 ···•··•· ·•··•·•· ·······•

384 311 20

5,251 3,138 2,113 5, 454 8.592

234 340 ·······• 18 13 , ....... .

I ................ 1 ..... - ..

25. 2.5 p 25. 62 26. 50 p 28. 00

3.107 I, 198 1,461

z. 789 7,.552

262 83.221 13.179 63,613 6.429

41

5,337 5,356

3.125

3,332 1. 452 1, 374

:::::::r:::::: I. 451 ~--------

2.379 2.6121· .....••• 8,278 7.61!1 .......•

81 112 ....... . 79.044

l!J~ 'i~:t:::::: 5. 584 5. 3!6 --------

62.95 62.95 63. 00 p 63. 00 63. 50 p 63. 50

62.95 ....... .

693 892 464

8, 080 97.9

181 109 86

282 97 74

5,001 211 330 460 68

778 531 147 93

394 199 303

2,257 643

1,090

8. 7 3.9 4.1 3. 3

7. 2 6.8

.0698

8. 391 8. 222 p !0, 079 101.7 110.3 p 122.2

-------- --------~--------

-------- --------~--------

280 115 85

5, 731 236 354 484

71 878 612 144 113

'440 237 .539

2,491 630

I, 208

'8.8 '4.4

4.3 3. 2

7.4 6.8

.0698

5, 604 235 300 514 97

849 593 141 108 433 231 495

2,384 668

I, 130

8. 9 4. 2 4.1 3. 2

7.3 7.0

. 0698

'Revised. • Preliminary. <;>Includes data not shown separately. d' Scattered revisions for 1959-61 are available upon request. *New series (Bureau of the Census). Data for steel mill inventories represent industry

totals for the specified holders of steel mill shapes; stocks held by nonmanufacturing industries are not shown. Consumers' operations include fabricating activities o! steel producing companies. For warehouses, data are derived from value of inventories.

Avril 1\\63 SURVEY OF CURRENT BUSINESS S-33

Unless otherwise stated, statistics through and descriptive notes are shown in the edition of BUSINESS STATISTICS

1960 I 1961 I

I

19~~}.~~~62 li--F_e_b __ ~,.-~--a-r.-.,--A_p_r __ 'I __ N_I_ay--,,-J-un--e-.,--;:-:-:-.\--A_u_g __ -.,-S_e_p_t_-.,--O_c_t_-.,--N-To_v __ -,.-D--ec-,.-I·--Ja_n __ -.,--:-:6-:-_-,.-~--n-r.-METALS AND MANUFACTURES-Continued

IRON AND STEEL-Continued

Steel, Manufactured Products

Fabricated structural steel: Orders, new (net) ________________ thous. sh. tons .• Shipments. _________ ---------- ____________ .do .• __ Backlog, end of year or mo _________________ do ___ _

Barrels and drums, steel, heavy types (for sale): Orders, unfilled, end of mo ________________ thous .. Shipments.------------------------------ .. do ... _

Cans (tinplate), shipments (metal consumed), total for sale and own uset

thous. sh. tons ..

NONFERROUS METALS AND PRODUCTS

Aluminum: Production, primary (dom. and foreign ores)

thous. sh. tons .. Estimated recovery from scrap _____________ do .... Imports (general): ~eta! and alloys, crude __________________ do ___ _ Plates, sheets, etC----------------------- do ___ _

Exports, metal and alloys, crude ___________ do ....

343 318

2. 723

1, 52! 1, 834

418

302 322

2,624

1. 404 1, 947

431

158.6 176.5 I 28. 2 P I 38. 0

!fl. 6 -25.6 4. I '4. 9

10. 7 12. 6

276 289

2, 487

1, 482 1, 774

320

157.7 43.0

13.5 5. 4

10.2

221 327

2, 481

1. 568 2, or,3

379

177.4 48.0

18.9 5. 3

12.2

274 312

2,414

1. 438 1, 945

395

173.7 .50. 0

'23. 2 '5. 7 10.4

294 357

2, 352

1. 42.5 2. 259

462

184.2 52.0

30.0 6.1 9. 7

292 349

2,406

1,4f>O 2,240

478

179.1 52.0

'33.1 6.0

10.3

239 308

2, 357

1,402 1, 992

512

1B4.1 41.0

38.9 .5. 2

12.7

289 367

2,301

1, 331 2,079

630

168.1 46.0

27.3 5.3

10.3

326 314

2,316

1, 421 1, 850

569

176.2 46.0

29.8 4.0

17.1

301 357

2, 351

1, '%17 1,924

437

ISS. 2 52.0

27.7 4. 4

11.5

324 315

2,475

1,266 1,816

333

179.7 51.0

25.7 4.4 9. 7

478 282

2,624

!, 285 1, 537

'320

182.4 47.0

22.2 2. 3

13.8

328 235

2,609

1, 296 1. 714

338

184.2 49.0

22.3 1.7 5. 2

286 244

2, 70g

163.0 --------

21. ,) 3. 4

17.0

Stocks, primary (at reduction plants), end of mo. thous. sh. tons.. 2-18.2 153. 1 190.8 170. 7 154.5 137.8 132.6 131.7 130.8 148.3 148. 1 152.9 140. 1 1.\4. 4 139. o

Price, primary Ingot, 99 .• ;% min ______ $ per lb.. . 2546 . 2:J8S . 2400 . 2400 . 2400 . 2400 . 2400 . 2400 . 2400 . 2400 . 2400 . 2400 . 2254 . 2250 . 22.50 . 2250

Aluminum shipments: :\Ill! products and pig and Ingot (net)i>L.mll.lb ..

Mill products. total t--------------------do ___ _ Plate and sheet (excl. fol!)§ ____________ rlo ___ _

Castlngst .• ------------ _ -------.---_.--· ••. do ....

Copper: Production:

:\fine, recoverable copper ______ thous. sh. tom .. Refinery, prlmary ________________________ do ....

From domestic ores ____________________ do ___ _ From foreign ores ______________________ do ___ _

~econdary, recovered as refined .......... do ... . Imports (general):

Refined, unrefined, scrapEJjf_ _____________ i!o ___ _ Refine<L ------------------.--. _ ---_ .. _.do ... _

Exports: Refinei!, scrap, brass and bronze lngotst_.do .. __ _ Refineil ________________________________ do ___ _

Consumption, refined (by mills, etc.) ...... do ... .

Storks, refined, end of mo., total. __________ rlo. __ _ Fabricators' ______ ------------------· ____ do ....

Price, barg, electrolytic (N.Y.) __________ $ per lb __

f::oppcr-hase mill and foundry products, shipments (quarterly avg. or total):

Copper mill (brass mlll) products ........ mll. lh .. Copper wire mill products$. __ -----·----·-do ... . Brass an<l bronze foundry products ________ do ... .

Lead: Proi!ur!ion:

\11ne, reMverahle lead0 .•..... thous. sh. tons .. Secondary, estimated recoverable$._ ... do ... .

Imports (general), ore$, metalt---------···do ... . Consumption, total0 -------------·--·--·--i!o ... .

Stocks, end of year or mo.: Producers', ore, base bullion, and in process$

(ABMfl) _____________________ thous. sh. tons .. Refiners' (primary), refined and antimonial

thous. sh. tons_. Consumers' a'-------------------------- .. do. __ . Scrap (leai!-base, purchased), all consumers

thous. sh. tons .. Price, common grade (N.Y.) __________ $ per lh ..

Tin: Imports (for consumption):

~~~~vivs:eicT~~~~~~~~~~~~~~~~~~~~:~~~J~~~== Estimated recovery from scrap, totalEB •... do ___ _

As metal. ___________ -------- __ . _________ .do_._. Consumption, pig, total ____________________ rlo ___ _

Primary·----- .• ___ -------. ___ ----- ....... do. __ _

403.4 464.2 278.8 '317.5 124. 4 ' 142. 6 63.5 77.3

97.1 102.3 129. 2 134. 3 98.4 101.2 30.8 33.1 21.9 22.7

38.4 40. 1 5. 6 8. 2

48.4 32.1 35.7 28.0

124. 0 p 134. 2

187. 7 p 177.5 105. 1 p 102.0 . 2992 . 3060

,1)17 f,78 388 409 212 229

21.8 37.7

33.7 85.0

100.6

205.6 0!1.1

11.3 .1087

743 -3.324

1.810 250

1), 520 4,140

19. s 36.9

33.4 90.1

91.0

144.6 '90.0

'43.5 .0963

447 3, 422 1,800

24!) 6. 470 4,445

Exports, Incl. reexports (metal) ____________ do.... 67 Stocks, pig (industrial), end of mo. ________ do ____ 22, 630

36 21.715 1. 1461 Price, pi!', Straits (N.Y.), prompt. ... $ per lb .. 1.1327

Zinc: ).fine production, recoverable zinc

thous. sh. tons.. 38. i 42.1 Imports (general):

429.0 292.2 134.3 73.6

101.3 136.7 103.7 33.0 18.0

32.3 6.9

38.4 31.7

125.4

157 .. 5 98.9

.3060

22.1 37.2

30.6 S5. 4

93.6

200.0 101.3

37.2 .0958

1,038 1,818 1, 675

205 (i, U70 4, 690

1 23,710 1. 2106

37.0

OrcsEBL __ ---------------------------·---do____ 34. {\ '39. 0 'an. 7 Metal (slab, h!ocks) ______________________ do____ 10. 6 11.8 11.2

Consumption (recoverable zinc content): Ores$ ___ ---------------------------·--·-do____ 8. 1 7. 9 7. 2 Scrap, all types._ -------------------··---do.... 14.9 19.8 18.2

516. 5 344.1 159.0 81.2

109.5 146. 1 107.9 38.2 23.9

54.1 6.2

33.9 27.7

151.0

155.9 102.2 .3000

581 402 235

23.8 37.1

45. 7 88.0

93.0

203.6 104.3

34.4 .0950

670 4, 247 1, 890

245 7. 3(\Q 5, 280

474.1 3\.5. 9 142.2 78.8

109.5 126. fJ 98.6 27.9 22.3

16.9 5. 9

30.8 26.2

138.8

499.0 354.3 160.4 83.3

113.8 146. 1 109.3 3n. 8 24.9

64.6 .5. 3

30.2 27.2

142.6

142.4 153.3 96.8 98. 4

.3060 . 3060

24.1 35.5

36.3 83.8

88.3

199.7 106.7

33.9 . 0950

728 3, 457 1, 795

240 6. 920 4,850

25. 1 37.7

33.8 91.9

95. 1

193.7 106.6

3.5. 4 .0950

622 4,315 1. 920

265 7, 230 5,170

506.6 347.5 158.8 77.4

102.8 14fl. 8 109. 1 36.7 25.2

41. 4 6. 9

37.5 34.6

142.9

157.1 102.5 . 3060

607 422 242

24.1 36.6

30.9 87.6

94.3

188.4 106.0

36.5 . 0950

1,005 2,383 I, ~20

235 6, 710 4, 735

449.2 320.4 144. 3 60.7

91.5 124.5 90.9 33.6 21.0

47.0 8.1

26.3 22.9 95.8

443.8 319.9 137.6 74.3

93.8

22.5 7. 3

32.0 27.4

137.6

206.8 204.2 121. 1 105.4 . 3060 . 3060

21.3 31.8

23.2 77.2

96.5

191.1 102.1

39.9 . 0950

.530 2. 784 1,630

270 i1, HlU 3, 850

16.8 35.7

33.8 93.1

87.4

188.4 99.4

39.0 .0950

GO 3,347 1, 700

255 6,150 4,175

436.0 293.9 126.3 74.5

89.9 2 249.3 2 186.3

2 62.9 2 46.8

28.3 5. 3

32.3 28.2

132.9

194.4 104.0 . 3060

.535 390 212

13.9 37.3

36.3 89.2

87.7

179.5 92.0

35.4 .0950

242 4,042 1, 700

240 5, 690 3, 910

477.3 324.5 143.5 85.6

106.1 132.3 101.4 30.9 25.8

62.6 14.1

23.1 20.0

146.1

473. 4 '436. 9 318. 5 ' 282. 5 139. 6 '131. 1 82.9 75.5

104.2 142.0 104.1 37.9 22.4

21.5 6.4

24.0 21.2

140.6

101.9 127.9 99.5 28.4 21.1

39.9 20.2

37.5 35.4

121.8

205.9 201. 1 201.2 102.0 .3000

100.3 100.8 . 3060 . 3060

14.8 40.7

38.9 103.8

95.1

172.1 90.8

35.6 . 0950

0 2, 809 1,990

255 6,080 4, 1.50

14.4 40.2

26.3 94.4

91. 1

161.9 94.7

38.1 .0995

340 4,U86 1, ~9fl

2fl0 6,000 4. 030

500 422 227

14.2 36.7

25.7 90.2

91.0

14-1.6 '90.0

'43.5 .1000

100 3, 152 1. 675

260 .1. 1)15 3. 76{)

'

488.1 331.3 153.9 -------- --------

91J. 5 121.6 107. 1

94 .• ~ _______ ...

121.7 ---·-----92 .. 5 --------

14.6_ I 22.8 ~u 1:::::::~ 26.2

7. 6 2~. 7 ! _______ _ G.n

13.9 27.3 12. 7 24. 2

PH7. 6 p 142.6

'•200. 8 1 P199. 6 -·104. o I . 98. 2

. 3060 . 30HO . 3060

'1.1 .• 1 II 13. ·I ···-----37. 5 -------- --------

31. I 99. i

24. 1

88. 1 ~7-1

134.6 94.4

.133~ ~--:ill~ll-1 . 1050

I I 42 4 , _______ _

3,177 3,1\1\4 1--------

;~ ~~ ~~~~~~~I~~~~~~ 98

22,80.5 1. 2308

3 9 1 21 45 23 110 9 61 5 84 ----- --22. 135 20, 510 1. 2212 1. 1719

20, 735 20. 22fl 1. 1302 1. 1145

43.0 42.3 43.9 42.7

.50. 0 ' 3\. 9 ' 53. 3 ' 45. 2 14. 1 13. 2 9. 2 9. 8

~~ ~9 86 ~8 22. 7 20. 1 1 21. 8 21•. s

38.3

40.2 13. 8

7. 5 Hi.8

i9om ~i2ot~g 'l0o~n 'i~ig~~ '?\3S1 'i\t~ -i:os54- -i:oii22-

44.7 42.1

34.2 40.0 8. 2 11. 5

7. 8 7. 7 56.2 '31. 7

46.7

39.7 11.7

8.1 21.7

44.0

34.0 10.2

7.6 19.2

42.6 '{3. 6 41.0

32.1 14.4

8. 5 17.8

3\.9 32.2 8. 7 /. 9

7. 6 -------- --------1<\.11----··------·-··

• Revised. P Preliminary. 1 Recoverable aluminum content. Monthly data are expressed in metallic content (incl. alloying constituents); aluminum content is about 93% of metalic content. • Data arc for Aug. and Sept. 1962. a Includes 3,000 tons of tin made available by GSA for disposal at a maximum rate of 200 tons per week during remainderof1962.

§Effective \dth Feh.l962 SURVEY, exduu(_~sshipmentsof foil; SC'enote inl'viar.l9U3 SUBVEY. .D. Beginning Jan.l903, net ship1nents ofiugot dC'rin•d by new method to in dude ilnports

not previously ineludcd. EB Basic metal content. t Scattered revisions for 191\0-Feb. 1961 will be shown later.

'Inrludcs tin held by GSA. 'Au~:. 1962 consumption of copper-base scrap is included ln Sept. 1962 data. -

a' Consumers' and secondary smelters' stocks of lead In refinery shapes and in copper· base scrap. 0 Revisions for 1961 arc shown in the Nov. 1962 SUR\'EY.

S-34

llnless otherwise stated, statistics through 1960 I and descriptive notes are shown in the 1961 edition of BUSINESS STATISTICS

NONFERROUS METALS AND PROD.-Con.

Zinc-Continued Slah zinc:

Production (primary smcl!Pr), from domestic and forci~n ores ______________ thous. sh. tons __

Secondary (redistilled) production _______ do ___ _ Consumption, fabricators' ________________ do ___ _ Exports _________________________________ do ___ _

Stocks, end of year or mo.: Producers', at smelter (AZI)LO, _________ do ___ _ Consurn('rs' __ ------------- _____________ do_---

Price, prime Western (St. J,onis) ____ $ per lb ..

HEATING EQUIPMENT, EXC. ELECTRIC

RaO:iators and convectors, cast iron: Shipments _________________ mil. sq. ft. radiation .. Stocks, end of year or mo __ . _______________ do ___ _

Oil hurnPrs: Shipments ________________________________ thous __ Stocks, end of year or mo ___________________ do ___ _

;<toves and ranges domestic cooking: Shipments, total (excl.llquld-fuel types) ___ do ___ _

Gas a" _____ ------ _____ . _____ ------------- .do.-_.

Stoves, domestic heating, shipments, totaL- _do ___ _ Gast ------------------. _____ ------- ________ do ___ _

Warm-air furnaces (forced-air and gravity air-flow), shipments, totalt ------------------------ thous __ Gas. _________________ . __________________ - __ do----

Water heaters, gas, sblpments ________________ do ___ _

MACHINERY AND APPARATUS

Fans, hlowers, and unit heaters. qtrly, totals: Fans and blowers, new orders ____________ mll. $._ Unit-beater group, new ordersEIJ ____________ do ___ _

Foundry equipmrnt (nflw), n~w orOrr~. nf't mo. avg. shipments, 1947-49=10!L

Furnaces, Industrial, new ord~rs, net: Rlectrir proressing ________ -~ ____________ mil. $._ Fuel-fired (exc. for hot rolling steel) _______ _do ___ _

:Material handling equipment (industrial): '\few or<lers lndext_ _________________ l9.57-59=100 __ Shipments lndext ___ . ____ . __ . ________ . ___ ._do. __ _

Industrial trucks (electric), shipments: IT and (motorlr.ed) ______________________ numher __ Rider-type----------------. __ ------- __ ---- .do ___ _

Inclustrlal trucks and tractors (gasoline-powered), shipments.------------------------- ____ num her __

:11 achlne tools: :\fetal cutting tools:

Orrlers, new (net), total _________________ mll. $ __ Domestic_. _____ -~ ____ . ______ . ___ ._. ___ do ___ _

Shipments, totaJ _________________________ do ___ _ Dom~stle __ . ___ .. __ -------. ______ . ___ ._do ___ _

Estimated hack log_--~--- _____________ months __

\fetal forming tools: Orders. new (net) _______________________ mil. $ __

Domestic_. ----------------------------do. __ _ Shipments. ___ ~--------- __ ------ ______ .. _do ___ _

Domestic._ ----------------------------do ___ _ Estimated hacklog _______ -----------~_months __

Other mnchlnory and equip., qtrly. shipments: Construction machinery (selected types),

total<;> --------------------------------mil. $ __ Tractors, tracklaylng, totaL ______________ do ___ _ Tractors, wheel (con. off-higbway) _______ clo ___ _ Tractor shovel loaders, Integral units only

(wheel and tracklaylng types) ________ mll. $ __ Trnctors, wheel (excl. garden and contractors'

off-highway typesL--------------------~mll. $ __ Farm machines and equipment (selected types),

excl. tractors ____________________________ mll. $ __

ELECTRICAL EQUIPMENT Batteries (auto. replacement), sbipments ____ thous __ IJ ousehol•l electrical appliances:

Ranges (Incl. huilt~lns), sales, totalt ______ do ___ _ Refrigerators and borne freezers, output,

1957-59=100 __ \'arnnm cleaners, sales hllled _____________ thous __ Washers, sales (dom. and export)0 ________ do ___ _ Driers, sales (dom. and export)* ____________ do ___ _

SURVEY OF CURRENT BUSINESS

1961 1 1962 1962

Monthly average Fd•. ll\lar. J Apr. I :\L1y I Jmw I .Tnly I Aug. I Sept.

METALS AND MANUFACTURES-Continued

70.6 4. 6

77.6 4. 2

14.1. 5 93.8

. 1154

1.2 2.6

44.4 44.8

155.8 152 .. 5

14fi. 8 88.1

102.9 80.6

204. 7

140.8 115.7

96.9

1.0 2.6

103.4 89.6

385 380

1,639

46.35 31.40 42.30 28.60

5. 0

10.90 8.20

12.40 9.30 3.6

73.8 4. H

84.o 3. 0

149.6 T 7fi, 5 . 1162

1.0 2. 9

39.9 51.2

lHfi. 7 1fi:l. 6

1.17.0 94.1

108.9 87. l

217.7

'1 40.2 l 16.2

154.7

1.2 2.8

112.6 106.8

500 471

2. 232

44.80 36.70 47.85 35.15

4.2

14. ~0 11.65 12.40 9.30

4. 6

1237.4 1 2-'4. 9 J 5H. 4 1 6fi.l 1 18.6 1 20.0

I 107. 4

1181.3

2, 359

127.5

107.0 273.6 278.9 98.8

l 57.()

I 130.2

197.7

2,540

137.1

119.2 309.3 305.5 116.4

74. 4 4. 9

~5. 2 4.1

144. 7 86.6

.1200

1.1 2. 6

32.3 52.2

l:i7. 6 155.0

79.8 42. 1

81.0 H.1.1

191. 4

1-15.3

1.4 2.6

108.5 79.7

357 326

I, 278

33. 9;j 26.30 42.10 30.15

4. 7

15.15 13.05 11. 9.1 8. 30

3. 7

2, 466

132.2

121.4 304.5 289.6 106.3

79.5 6.0

93.0 4. 8

138.7 86.3

.1200

1.0 2.8

39.8 55.6

175.6 172. 7

ll7. 9 78.6

86.9 70.7

216.0

'41. 3 13.6

98. 5

1.0 1.5

115.8 101.5

506 523

2,185

44.60 3fi. 30 55.40 38.65

4. 4

18. 7-1 14.10 12.00 9. 45

4. 4

220.7 61.0 13.6

48. 1

132.2

219.1

I. 776

1.54. 9

135.2 aao. 2 334.0 104.9

78.7 5. 1

86. 4 6. 5

144. G 83.9

. 1150

. 6 3. 2

28.8 62.8

163.2 1.59. 7

84.7 44.8

90.5 70.1

201.8

78.9 4.1

91.1 2..1

14fi. 3 76. 1

. 1150

. 8 3. 4

36.4 64. ()

10~. 3 165.5

1111.4 54.6

HR i Rl.fi

19.5. 8

163.4 114.3

1.1 I. 2 2. 9 3. 4

115.6 107.5

541 388

2,180

43.70 34.45 48.70 35.30

4. 3

16.20 11.60 11. 6.1

8.10 5. 0

131.3 107.9

535 533

2, 272

51. ()fi 41. fl.) 54.60 36.40

4. 1

11. 9,5 9.60

12.10 9. 2.1 .u

1,.551 1.770

131.0 136.0

134.0 122. 7 290. 7 282.9 26.5. 2 296. (] 69.6 57.6

68.9 4. I

80.3 2. 4

117. I 72. 5

. 1150

1.0 3. 4

41.3 65.4

167.4 164.4

13R. () 8R. 6

107.2 88.5

232.2

'45. 8 18. 4

182.5

1.7 2.1

129.4 118.7

492 560

2, 641

50.00 40. 2!5 60.00 41.90

3. 9

13.40 10.40 13. 70 10.40

5. 0

325.3 81.9 an. s

()7. 8

153.1

2:J7. 6

1, ~67

146.4

144.7 247.3 334.9

70.2

66.8 4.0

66.7 2. 4

162. 4 72.8

. 11.50

.9 3. 0

31.6 64. 1

142.2 139.3

161.6 9o. 4

111.8 89.9

201.2

69.1 3. 7

79.4 1.6

167.9 68.7

.1150

1.3 2. 7

50. 1 62.2

182.0 178.4

277.2 154.0

134.5 10,5. 2 226. 1

32·1. 6 161.2

1.2 1.2 3. 9 1. 6

110.2 ]11.2

568 524

2,368

41\.f.O 37.45 39.45 28.95

4.0

14.00 9. 40

12 . .10 10.65

5.0

104.7 119.2

517 420

2,681

as. so 33.20 39.50 29. 6.1

4.1

12. r.o 9.15

11.40 9.15 !l.l

2.143 2, 591

114.2 128.5

116.9 75.6 236. 8 301. 5 264.2 348.7 83.9 125.6

70.6 4.0

83.3 2.1

168.9 61.6

.1150

1.4 2. 5

62.0 55.2

186. ,) 182.5

251.8 150.0

154. 4 117.4 194.4

'37. 2 15. 1

ll4. 1

1.0 1.6

109.8 109.4

528 506

2, 525

39. 3.5 31.60 43.70 33.70

4.0

10.75 9.85 9. 41i 7.35

4. 9

257.8 64.0 21.4

59.8

97. 1

190.6

2, 979

1.54. 2

123.0 3.1.1. I 389.2 175.5

I Ol't. I "OT.

72.7 5. 3

89.4 3. ,)

159.4 6:1. 1

. 1150

1.6 2.1

62.7 52. 7

19f>. 9 191.6

281.3 HiD.,)

1.1:J. ;j 117.6 2.55. 6

I 71. 711 4. 4 86. 1 3. 5

154.2 68.0

.1150

1.1 2.1

34.4 53.0

16.~. 2 161.9

201. 5 142.7

!11.1 87.6

z:J8. 4

116.6 175.3

1.1 1.1 I. 9 5.1

121.0 119.3

527 503

2.881

48.30 41.90 44. 75 34. 71i

4.1

16.30 14.35 16. \JO 12~ 70

4. i

100.6 122.3

525 504

2, 249

47. 2.5 40.65 48. 0.1 38.8!)

4. 0

14.65 12.25 12.70 9. 40

4. i

:;, .540 3. 197

140. 3 136.6

114.3 114.1 366. 0 36ti. 7 337.0 292. 1 181.7 162. 8

April l!lG3

1963

""·I '"" I Feb. I :\fur.

7G.D 3.9

81. .o 1.6

149.6 r 7fi. ;) .1150

.7 2.9

r 2t). 7 '49. 9

147. fj 14->.li

r 93. ,) 62.2

90.4 74. ,)

251.8

'311. 4 17.6

106.9

.8 1.7

99.2 109.3

576 53S

2,195

76. 2 3.8

84.8 .4

157. 1 71.8

.1150

l.O 2. 9

32.2 51.0

149.2 147.4

102. I 59.2

94.1 77.2

210.2

3. 2

154. 7 1.54. 2

. 1150 . 11-'ll

177.1 173.0

.8 1.8

. 8 3. 4

134.1

573 483 536 600

1, 730 1, 765

51. t\5 '46 20 43. 30 '37. 40 55. 15 r 35. 80

54.30 45. 4f 43.80 34. ~.) 43. 00 ' 29. 75

3, 9 T 4. 2

15.1,) 14.10 14.1.5 10.55

4. 7

'13. 95 12.20

'13. 30 '11. 50

'4. 8

4. 7

18.80 111.05 14.05 10.05

5. 2

2.~~: f --£i6~9-l~======= ======== 14.2 --------1-------- --------;i2. 2 --------~-------- --------

138.2 , 49.8 ! ________ --------

142.3

r a. 287

141.8

117. 5 329.1 250.8 143.0

--------i-------- --------

3 .• 522 ~-----~-- --------

124.6

100.1 322.9 293.3 129.2

!

14\1.9

122 .. ) 3-06. y aoo.s 115.7

Radio sets, production§ ___ ~ ___ ~- ____ ~-- ______ do __ ·- 1, 447. 8 Tel<• vision sets (incl. combination), prod.§ ___ do____ 514.8

1,596.8 1,464.8 '1,810.4 1,472.7 1,444.1 31,721.9 1,134.2 1,253.8 32,196.4 1,835.9 1,735.3 '1,741.9 1,22\l.;i l.:JH!I. 7 31,58:;.:; 539.3 541.5 3 659.3 510.6 474. G 3620. 7 336. 4 500.7 '731. 5 570.0 517.3 3 519.8 4~4. 4 557.\1 3 702.S

Electron tubes and semiconductors, factory sales mil.$ __

Insulating materials, sales, Index ____ 1947-49=100 __ \fotors and generators:

78.5 134

'\few orders, index, qtrly __________________ _do____ 1150 '\few orders (gross):

Polyphase induction motors, 1-200 bp __ mll. $ __ D.C. motors and generators,l-200 hp ____ do ____

1

12.3 2. 3

75.9

12.4 2.2

73.1 160

11.9 2.3

' Revised. 1 Quarterly average. ' For month shown. 3 For 5 W<'<'k'. LO,Producers' stocks, elsewhere, end of Mar. 1963, 24,600 tons.

85.9 185

144

13.6 2. 4

76.6 155

13.1 2. 5

a" Includes data for built-in gas fired o\·en-broiler units; shipments of ('Go kin~ lops, not included in figures a bow, totaled 24,500 1mits In Jan. 1963.

tRevisions for gas heating stoves (Jan.-June 1960), warm-air furnaces (Jan. 1959-June 1~001, and material handling equip. (1954-61) are available.

Ell Beginning 1961, excludes new orders for gas-fired unit beaters and duct furnaces; revi­sions for 1960 are shown In the Apr. 1962 Sr•RVEY.

76.3 166

13.3 2.0

78.4 160

157

13.8 2. 4

60.5 119

12.4 1.7

80.1 79.9

II. 9 2.2

145

12.8 2.2

79. 4 152

12.2 1.8

75.6 1!2

11.2 I

1.91

72.0

11. x 2. 4

72.4

11.4 -~------ --------2.5 - ------ --------

9 Inclnd••s data not shown separatPiy. tRPvisions for 1960 appear in the Feb. 1962 SuRVEY. ,Note change iu reference base; data prior to 1960 on 1957-59 base are available.

0llata exclude sales of combination wasller-dri••r machines; such sales (•·xcl. exports) totaled 2,800 units in Feb. 1963,

*New series (Amer. Horne Laundry :V!frs. _\s:m.); Uat:l. cover gas anfl electric types. §Radio production comprises table. portable. auto, and clock models: tele,-ision sets

exclude figures for color SPts. Data for ::\Iar., Jun~:..•, St1Pt.. and Dec. 19t3~ and ~Iar. 19fl3 eover 5 wet.•ks; otht.•r nwnths, 4 wet•ks.

April Hl6i:\ SURVEY OF CURRENT BUSINESS S-35

1962 1963 Unless otherwise stated, statistics through 1960 I

and descriptive notes are shown in the 1961 edition of BUSINESS STATISTICS

1961 1 1962

Monthly average Feb. I Mar. I Apr. I May I Junr I July I Aug. I Sept. I Oct. I Nov. I Dec. .Tan. I Fl'b. I Mar.

PETROLEUM, COAL, AND PRODUCTS

COAL

Anthrarite: Production .. ____________________ thous. sb. tons •• Stocks in producers' yards, end ofmo ______ do ___ _ Exports. ___________________________________ do. __ _ Prices:

Rdail, stove, composite __________ $ per sh. ton .. Wholesale, chestnut, f.o.b. mine _________ do ___ _

Bituminous: Production __ .. ------------------ thons. sh. tons __ Industrial consumption and retail dcllwries,

total <;? ----------------------thous. sh. tons .. Electric power utilltles ___________________ do ___ _ Mf~. and mining industries, totaL. ______ do ___ _

Coke plants (oven and beehlw) ________ do ___ _

Rt'tail deliveries to other consumers ______ do ....

Stocks, industrial and reta!I dealers', end of

I 1, 454 193 120

28.14 13.347

133,581

131,200 14,969 113,856 I 6,157

2,311

!, 404

156

28.63 13.050

35,250

32,315 15,903 14,006 6,189

2. 349

month, total<;? _______________ thous. sh. tons .. Electric power ut!lltles .......... _________ do ___ _ Mf~. and mining Industries, totaL _______ do ___ _

69, 12fl r 67,960 47,61R 46, fi65 20,970 '20, 841i

o,·cn-coke plants ______________________ do ___ _ 9, 680 9, 044

Retail dealers.--------------------- ______ do ___ _ 538 449

Exports .• _____ ---------------------------_ .do ___ _ 2. 914 3, 201 Prices:

Retail, composite._--------------$ per sh. ton .. Wholesale:

17.12 17.30

Screenings, lndust. use, f.o.b. mine ..•.. do ___ _ • 5. 018 4. 918 Domestic, large sizes, f.o.b. mine ..••••• do .••. 7. 541 7. 443

COKE Production:

Beehh·e __________________________ thous. sh. tons .. Oven (byproduct) _________________________ do ___ _ Petroleum coke§ ___________________________ do ___ _

8tocks, end of month: Oven-coke plants, totaL ___________________ do ___ _

At furnace plants ________________________ do .••. .\t merchant plants ______________________ do ___ _

Petroleum coke ____________________________ do ___ _ Exports. __ . __ ------------------- ____ ----- ___ .do. __ _

PETROLEUM AND PRODUCTS

C1rude petroleum: Oil wells completed _____________________ numher __ Price at wells (Okla.-Kansas) __________ $ per bhL Runs to stills ___________________________ mil. hbL Refinery operating ratio ___________ % of capacity __

All oils, supply, demand, and stocks:t ;->ew supply, totaL ____________________ mU. bbL

Production: Crude petroleum _______________________ do ___ _ :'-J"atural-gas liquids, benzol, etc _________ do ___ _

Imports: Crude petroleum-------------------- __ .do .••. Refined products. _____________________ do ___ _

Change in stocks, all oils (decrease,-) .... do ....

Demand, totaL----------------------------do ___ _ Exports: Crude petroleum _______________________ do ___ _

Refined products. _____________________ do .. __ Domestic demand, total9 _______________ _do __ __

Gasoline _______________________________ do._ .. Kerosene .. _____________________________ do __ ._

Distillate fuel oil _______________________ do ___ _ Residual fuel oiL ______________________ do ___ _ Jet fueL __________________ ------- ________ do. __ .

'73 14,236

1, 256

'4,398 53,030

1,369 1, OM

37

1,821 2. 97

248.9 82

306.9

218. 5 30.2

31.8 26.5 3. 4

303.6

.3 5. 0

298.3 127.8

12.0

57.9 45.7

8. 7

Lubricants _____________________________ do____ 3. 5 Asphalt. _______________________________ do____ 9. 0 Liquefied gases _________________________ do____ 19.5

Stocks, end of month, tota], ________________ do____ 7 814.3 CO rude petroleum _________________________ do____ 249.4 :'-J"atural-gas liquids ______________________ do___ _ 35. 9 Refined products, ________________________ do ____ 7 529.0

Refined petroleum products:t Gasoline (incl. aviation):

Production ______________ ---------- _____ .. do.___ 127. 7 Exports __________________________________ do____ . 7 Stocks, end of month ____________________ do____ 189.5

Prices (excl. aviation): Wholesale, ref. (Okla., group 3) ...•• $per gaL Retail (regular grade, excl. taxes), 55 cities

(1st of following mo.) _____________ $ per gaL

- Revised. • Preliminary.

.ll7

. 205

66 4. 259 1, 312

3,901 2, 799 1.103 1. 053

33

1, 781 2. 97

255.8 84

317.2

223.0 30.9

34.3 29.0

.9

316.2

. 1 5.0

3ll.l 132.0 13.7

61.0 45.4 9.4

3. 6 9 .• 1

21.3

820.6 248. 1 35.2

537.3

131.8 .5

188.6

.113

. 204

l,li19 159 98

29.10 13.930

33,207

34,474 15,H3 If>, 490 7,046

3,M1

1\-1.523 43, i\96 20. f>21 \1,408

406

2, 421

17.45

5.018 7. 717

92 4.868 !, 218

3,7(\l 2,614 I, 147 1,053

16

I, 553 2. 97

242.0 86

297.8

209.1 29.2

31.6 27.9

-13.1

310.9

.I 5.0

305.8 109.2 16.0

82.4 50.4 7. 3

3.5 3.(i

20.8

774.9 240.2 30.0

.104. 7

118.9 . 4

205.7

.098

.198

!, fi09 149 108

2\1.10 !3. 930

36,403

35,773 If>, 172 16,429 7,695

3, !(ill

63.222 42,194 20, 726

9. 405

302

2. 42G

17.45

1, 254 !56 53

28.88 11.998 I

34.313

30,874 14, 137 14,914

7,179

I, 794 I

fi4.1H5 43.171 20.718

9, 431

296

2, 854

17.43

.1. OIR a 4. 932 7. 700 3 7. 329

9(1 5, 155 I, 338

3, 637 2, 501 1,136 I, 071

22

1. 546 2. 97

2.54.0 82

326.3

228.7 32.0

31.8 33.9

-10.8

337.0

.2 4. (j

:l32. 2 130.4

15.0

75.n 55.fi

9. 6

3.li 4. 8

~2. 7

71\4.1 245.6 30.2

4X8. 2

129.9 .I

206.0

. 090

.198

69 4, 92R 1,170

3, (\,51 2. 507

l:M~ I 391

1,527 2. 97

243.0 81

31l.21

221.7 30.3

32.2 26.9 19.8

291.5

.1 4. 9

286.4 129.5 10.6

53.7 40.5 8. 9

3. 8 6. 9

18.4

7H3. 9 255.9 32.8

495.2

123.6 .6

200.4

.ll5

. 195

I Revisions for Jan.-June 1961 will be shown later. 'Monthly average based on Apr.-Uoo. data.

• Data beginning April 1962 are not entirely comparable with earlier data; March 1962 prie.es comparable with later data: Screenings, $4.932; domestic, $7.882.

• Revisions for Jan.-May 1961 will be shown later. 'Revisions for Jan.-Aug.1960appear In the Nov.1961 SURVEY, ' Less than 50,000 bbls. r ~Pe note marked .. ,... 'Beginning Jan. 1963, data exclude condensate wells formerly

,,,! 28l:~ I'

ll. 9\)8

i 37,046 I 29.8521. 15, 134 13,828 6,4371

708 I

i I

1, 33fi 904 217 195 159 162

27. 75 28.00 11. 998 12, 488

37,673 22,169

28.443 27. 940 14.987 li\,232 12,570 11.579 5,478 5,141

796 947

I, 325 171 226

28.09 12.488

39,080

30,073 lfi. 288 12,239

5,361

1, 455

66, 402 69, 327 fill. 098 68, 489 44,965 46. 782 45.11\3 47. 340 21' 039 22. 079 20. 468 20. (ij 9 9, 666 10. 3.15 R. 257 R. 277

398 466 4 77 530

3. 790 3 .. 130 3. 087 4, 165

16.97 16.89 16. 9.5 17.00

4.932 4.914 4.914 4.914 7. 104 7. 179 7. 271 7. 300

57 4, 453 ], 337 I

3, 7751 2. 624 ], !50 !, 014

28

2,126 2. 97

256.3 83

312.6

22:1.0 30.4

34.2 25.1 14.6

298.0

. 3 5. 2

292.5 140.7

9.0

44.6 :l8. 6 10.0

4. o I II. 2 17. ~

798.4 255.7 35.3

507.4

131.9 .3

192.4

. 115

.198

53 3, 788 ], 392

3,835 2. 700 I, 135 1,012

31

!, 732 2. 97

2.'i8. 8 86

305.4

217.7 29.1

33.8 24.7 14.1

291.3

(6) 4. 8

286.5 140. 4

9.2

40.0 :H. 5 10.4

3. 7 13.8 17. 5

812. 5 247.7 37.3

527.4

132. 7 .6

185.5

.120

.198

42 3, 552 I, 339

3, 978 2,838 ], 141 1, 048

34

!,71l 2. 97

264.4 85

313. i

224.0 31.0

35.9 22.8 17.6

21J6. 2

.2 5.0

291. (I

142.5 10.9

40.6 33. i

8. 7

3.6 14.9 19.0

830. 1 242. 4 39. 1

548.6

139. 7 .6

183.1

.120 I

.202

48 3,692 1.369

4.065 2,971 1, 094 1.0!0

51

2,028 2. 97

262.5 85

319.5

224.2 30.4

40.3 24.5 17.3

302.2

.2 5. 2

2\)6. 8 147.2

111.6

:!6. 6 35.0 10.1

3. 8 17.2 18.4

847.4 243.6

40. 3 563.5

136.6 .8

173. (I

. 12\)

.216

1,190 159 173

2~. l1 12,978

34,2:37

29,371 14,99.1 12, 2~3 .\,31i0

2, 065

], 525 124 228

29. Oli 13.468

40,38.5

31. 1)~1) 15, 968 13,431\

5, .174

2. 464

70, ~41 72, 818 49, 274 i\1. 442 20, 445 20, 867 8,180 8, 622

5')')

3, 949

17.31

4. 914 7 .. \39

50 3,1\92 1,302

4.174 3.094 1.079

l.O!~ I

I, 499 2. H7

252.7 84

.109 i 3, 993 i

I 17. 55 '

4. 914 7. 60S

()2 ' 3. 852 I 1. 323 1

4. 131 I 3,084 1.047 1.037

38

2.023 2. 97

2.16.1 83

I, 660 !, 511

208 215

29.08 29.11 13. ·168 13. 930

37,349

32,875 lti, 441 13, 5\l7 5, 503

2, 752

33,204

36,70:l 18,213 14,6.1-1 5, 860

3, 814

73, 578 '6\J, 691 i\1. 793 !8, 975 21' 242 ' 20, 234 8, 849 ' 8, 305

.\43 482

3. 643 2, 6!\6

17.54 17.62

4.\114 4. 914 7. 742 7. 8.18

t\4 3. 824 I, 267

4, 019 3,024

994 1.080

12

I. 730 2. 97

251.0 84

M 4. 034 1, 368

3. 930 2.94\J

981 1,176

52

!, 830 2. 97

263.6 85

311.4 322.6 320.0 330.7

219. n I 228. 4 223. 2 30.2 31.5 31. 9

34. 4 3.1. 8 33. 3 27. 2 26. Q 31. 6 21. 1 11.0 -15. 9

290.3

.1 5. 7

284. ,\ 126.4

12.0

44.4 38.8 ll.(i

3. 5 13.3 W.5

868.5 244.2 40.4

583.9

132.5 .8

179.9

. 12\l I

.209

311.6

(6) 4.0

307.6 136.9 13.6

.11. 3 43. I 8. 9

3. 9 13.3 2\). 8

F-179 .• 1 251.7 39.3

588.5 I

132.7 .8

176.4

.120

. 207

335.9

.2 4. 8

331\.8 !33. 2 16.2

72.0 5~. 4 R4

3. c 7. 8

22.8

8tl3.1\ 250.3 36.7

570.6

131.3 . 4

175. 4

.120

. 212

228.8 33.3

:n. 3 37.2

-26.7

3.17. 4

.1 5. 6

351.6 125.6

19. j

89.8 58. \J

8. 9

:l.O 3. 8

27.6

836. \) 252.0 31.4

553. 5

l:l9. 2 .5

1\lO. 1

.113

.204

included. ' See note 2 for p. S-36.

70 184 --------

29.14 1-------- --------

~:~·~;~~ ,-:~::~~~- -~:·;l~-~-1

39. 8t!fl 1

19.684 , ________ ------lFl, 470 ! ________ ---6,132

4, i!U ! ________ ----1

~~~~~ ~~~~~~~~~ :::::--~ i

390 '-------- --------1

2,223\ 2,54-' --- ....

17.621----------------

: u~~ 1:::::::: :::·:::: i

64 1 fi.l ·-------

:-::-::~~~--~~::~--'2,832 2,614 ------

'939 Ria

15 21 --------

'1.809 2. 97

269.4 87

344.1

221\.4 33.5

41.0 43. I

-41.4

3~5. 4

P.105

.202 .193 --------

<;!Includes data not shown separately. §Includes nonmarketable catalyst coke. t Minor revisions for Jan. 1959-Sept. 1961 for various items will be sbown later. , Beginning Jan. 1961, data for the indicated Items include stocks formerly excluded.

Dec. 1960 data on revised basis may be derived by adding to the published totals and in­dividual stocks the following amounts (tho us. bbls.): Jet fuel held by pipeline companl~s. 414; bulk terminal stocks-lubricants, 2,429; asphalt, 2,849; miscellaneous oils, 131.

s-36 SURVEY OF CURRENT BUSINESS April 1963

Unless otherwise stated, statistics through and descriptive notes are shown in the edition of BUSINESS STATISTICS

1960 !----~----------.-----.----.-----.----.~--~----~----.-----.-----.-----l-----.-----.-----1~1~ ~ ~

1961 ~~~_::.~~7 Feb. I Mar. I Apr. I :\fay I June I July I Aug. I Sept. I Oct. I Nov. Dec. Jan. I Feb. I "-Iar.

PETROLEUM, COAL, AND PRODUCTS--Continued

PETROLEUM AND PRODUCTS-Continued

Refined petroleum products-Continuedt Aviation ~asol!ne: Production ___________________________ mil. bbL.

Exports __________________________________ do. __ _ Stocks, end of montb _____________________ do ....

Kerosene.: Production _______________________________ do ___ _ Stocks, end ofmontb _____________________ do ___ _ Price, wholesale, bulk lots (N.Y. Harbor)

$per gaL Distillate fuel oil: Productlon ___________________________ mll. bbl ..

~~~g~~~~~ ~:::::::::::::::::: ::::::::::: =~ ~~=::: Stocks, end of month _____________________ do .... Price, wholesale (N.Y. Harbor, No.2 fuel)

$per gaL Residual fuel oil: Production ___________________________ mil. bbL.

Imports __________________________________ do .... Exports __________________________________ do ___ _ Stocks, end of month _____________________ do .... Price, wholesale (Okla., No.6) _______ $ per bbL.

ifet fuel (military grade only): Productlon ___________________________ mil. bbL. Stocks, end ofmonth _____________________ do ___ _

Lubricants: Production _______________________________ do ___ _ Exports ... _____ . ______ . __________ ........ do ... . Stocks, end of month _____________________ do ... . Price, wholesale, bright stock (midcontinent,

f.o.b., Tulsa) _______________________ $ per gaL. Asphalt: Production ___________________________ mll. bbL.

Stocks, end of moutb _____________________ do ___ _ Liquefied petroleum gases:

Production ______ .. ____________ ._ .... _--- .do .. --Transfers from gasoline plants ____________ do .... Stocks (at plants, terminals, underground, and

at refineries), end of mo ___________ mll. bbL.

Asphalt and tar products, shipments' Asphalt roofing:, totaL ____________ thous. squares ..

Roll roofinl'( ann cap sheet. _______________ do ___ _ Shingles, all types ________________________ do ....

Asphalt siding ___________________ .-----.----do ___ _ Insulated sldin!( ____________ ----- ________ . __ do. __ . Saturated felts ___________________ thous. sh. tons ..

9.9 .6

11.7

11.9 31.0

.109

58.1 1.4 .6

127.6

.099

26.3 20.3 1.2

45.8 1.58

8.0 '7.6

4.9 1.4

'12. 7

.260

8. 5 '16.0

6.6 13.3

34.4

5, 131 I, 778 3,352

71 85 77

10.2 .4

10.5

13. 1 30.6

.104

60.0 1.0 . 7

133.4

.092

24.6 22.0 1.1

46.6 1.58

R6 8. 7

5.1 1..1

12.8

. 261

9.1 16.3

6. 4 14.9

33.6

5,463 1, 936 3, 526

68 77 85

9.2 .3

11.3

14.7 25.3

.113

61.2 .6 . 7

100.0

.103

26.5 22.9

1.6 39.5 1. 65

7. I 8.1

4. 7 .9

13.4

.260

5. 1 16. 6

6.0 14.6

27.7

2,531 903

1,628

36 38 48

9.9 .1

II. 2

12.8 23.3

.110

62.1 . 7 .9

86.5

.100

26.9 27.5 1.4

37.1 1. 65

8.7 8.3

5. 0 1.2

13.6

.260

7.0 19.0

6. 7 15.8

27.7

5, 814 1, 584 4,229

62 59 78

9. 7 .4

10.6

11. 1 24.2

. 104

54.4 1.5 . 5

88.3

.094

22.9 20.4 1.0

39.3 1. 65

8. 7 8.5

5. 3 1.8

13.3

.260

8 .. 1 20.8

6.3 12.5

30.4

4.396 1. 641 2. 755

50

79 I 83

11.1 .2

10.3

11.4 27.3

.104

57.5 1.5 .4

102.3

.091

23.3 18.2 1.5

41.0 1. 55

9.3 8.3

5. 0 1.7

12.7

.260

II. 3 21.3

6. 7 12.0

33.5

5,181 1, 865 3,316

58 102 87

10.8 .5

10.6

11.5 30.1

.099

58.5 1.0 .3

121.5

.086

22.2 16.8

.8 44.9 .155

9.1 8. 2

5. 1 1.5

12.5

. 260

11.7 19.9

6. 5 11.7

35.8

6, 250 2,140 4,110

61 99 94

11.3 .5

10.2

13.3 33.2

.099

59.4 .7 • 4

140.6

.086

23.2 17.0 1.0

50.7 .155

8.5 8.1

5. 3 1.6

12.5

.260

12.7 18.4

6. 7 12.6

37.6

6,289 2, 262 4,027

68 99 89

11.0 .5

9.8

12.6 35.7

.099

59.0 .5 . 5

163.0

.086

22.9 16.3 1.1

M.1 1. 55

9. 7 8. 7

5.0 1. 5

12.2

.260

12.7 14.4

6.3 12.2

39.4

6,964 2, 501 4,463

83 116 97

PULP, PAPER, AND PAPER PRODUCTS

PULPWOOD AND WASTE PAPER

Pulpwood: Receipts _______________ thous. cords (128 cu. ft.) __ Consumptlon ______________________________ do ___ _ Stocks, end of month _______________________ do ___ _

Waste paper: Consumptlon ____________________ thous. sh. tons .. Stocks, end of month .• _. ____________________ do ___ _

WOOD PULP Production:

Total, all grades _________________ thous. sh. tons __ Dissolving and special alpba _____________ do ___ _ Sulfate .. _------------------------- _______ do.--_ Sulfite ___________________________________ do ___ _

Gronndwood _____________________________ do ___ _ Defibrated or exploded ___________________ do ___ _ Soda, semlchem., screenings, etc _________ do ___ _

Stocks, end of month: Total, allmills.----------------------------do ___ _

Pulp mills. _______ ----------------------_ do. __ _ Paper and board mllls ____________________ do ___ _ Nonpaper mlll•--------------------------do ___ _

Exports, all grades, totaJ. ____________________ do ___ _ Dissolving and special alpha ________________ do_---All other ___ ---------------------- __________ do ___ _

Imports, all grades, totaJ. ____________________ do ___ _ Dissolving and special alpha ________________ do ___ _ All other ___ -------- _____ ------------------_ do ___ _

PAPER AND PAPER PRODUCTS

Paper and board: Production (Bu. of the Census):

3, 465 3, 516 5, 769

751 517

2,210 100

1,285 214

267 102 242

899 326 509 64

98 36 62

206 13

192

3, 662 3, 666 5, 225

749 498

2, 319 106

1, 358 214

280 106 255

878 297 509

72

99 40 59

232 23

210

All grades, total, seas. adj.* .. thous. sh. tons .. ----------------All grades, total, unadjusted-------------dO---- 2, 965 3, 132

Paper ----------------------------------do____ 1, 312 1, 372 Paperboard _____________________________ do____ I, 370 1, 471 Wet-mncbine board ____________________ do____ 13 11 Construction paper and board __________ do____ 270 278

'Revised. • Preliminary. ' See note marked 'T' on p. 8-35.

3, 793 3, 578 5, 522

729 481

2,234 102

1, 334 212

275 93

218

837 284 488 66

99 47 52

238 18

220

3,149 3,013 1, 326 1, 431

11 245

3,830 3,834 5, 493

795 479

2,410 119

1, 413 220

289 110 260

882 298 511 72

83 32 51

233 25

208

3,134 3, 277 1, 441 1,546

12 277

3, 353 3, 689 5, 116

760 496

2, 34.> 105

1,368 221

275 110 265

872 295 504 73

87 38 49

234 28

207

3,088 3,139 1,396 1, 458

11 274

3, 694 3, S94 4. 915

777 493

2, 464 111

I, 447 223

295 116 272

898 324 499 75

113 45 67

231 21

210

3,160 3, 278 1, 440 1, 534

12 293

3, 697 3, 733 4,852

762 494

2, 368 106

1,390 215

288 112 258

904 329 500

75

106 35 72

241 23

218

3,069 3,180 1, 370 1, 514

12 284

3, 503 3, 344 5,002

672 507

2,118 86

1,242 193

260 101 237

881 297 511 73

96 38 58

209 23

186

3,132 2, 838 1, 2161 1, 342

8 272

4,197 3,870 5,321

778 493

2,471 110

I, 452 226

295 114 273

916 321 522 74

101 49 52

242 23

219

3,155 3, 298 1, 404 1, 572

11 311

tSce similar note on p. 8-35.

1{).4 .6

10. 1

12.4 36.7

.099

58.2 1.0 .9

177.0

.086

23.1 17.8

.8 55.7 1. 55

8.8 8.4

5.3 1.9

12.2

.260

11.8 13.6

6.2 13.6

39.7

6,469 2.470 3;999

83 100 90

3,480 3,500 .1,314

738 476

2,237 Y8

1,302 195

270 105 268

873 290 513 69

100 35 65

223 21

202

3,086 3,059 1,321 I, 442

11 285

9.9 .6

10.0

13.5 37.3

.099

59.3 • 7 . 5

185.2

. 086

22.5 19.3

.6 54. l 1. 55

9.5 9. 4

5. 3 1.0

12.6

. 260

10.4 11.4

6.0 14.3

38.6

7,588 2,955 4.633

103 108 105

3. 945 3. 867 5.393

793 505

2, 465 106

1,426 239

2~)7

115 282

876 297 508 72

81 32 48

264 25

238

3,161 3,366 I, 452 1, 583

12 320

9.8 .2

10.1

13.7 35.3

.101

57.4 .5

1.0 170.2

.091

23.6 26.5

.9 .11. 2 1. 55

9.2 10.8

5.0 1.4

12.5

.260

7.6 11.6

6.1 16.4

35.2

5,286 1, 984 3,302

80 64 88

3, 556 3, 689 5, 251

737 523

2, 347 111

1. 370 206

284 109 267

894 295 525

74

106 38 69

244 2.1

219

3,169 3,164 1,393 1, 476

11 285

10.0 .3

10.9

15.6 31.7

.106

9.6 .2

12.1

a 15.7 a 26.1

P.106

64. 7 3 70.8 . 5 I. 1

1.2 1.1 144.5 3 111.7

. 096 P, 096

28.2 30.2

.9 50.0 1.55

6.9 9. 7

5.4 1.8

13.1

. 270

6.1 14.3

6.9 20.2

29.0

3,665 1,162 2,503

57 31 65

3,323 3, 314 5, 255

666 529

2,098 109

1,219 195

260 89

235

864 256 531

77

122 52 70

211 24

187

3,146 2, 843 1, 265 1, 332

10 237

3 28.2 34.5

.8 346.9

p 1. 55

7. 7 9.8

5.1 1.1

13.3

P, 270

5.0 16.3

• 4. 6 3 22.7

19.6

4,165 1, 534 2, 631

67 42 -------- --------85 _______ T _____ __

3, 737 3. 716 3, 794 3. 601 5, 366 5, 470

2,438 121

1, 436 224

2, 279 115

1,353 213

286 273 • 114 114 2 258 21:1

75 21 54

200 21

179

136 60 76

226 21

205

'Effective Jan. 1963, "screenings, etc.", included with "defibrated or exploded.'' *Xcw series; data prior to Dec. 1961 will be available later. ' Beginning Jan. 1963, data for the indicated items exclude certain oils which ba\'e been

rrclaS>,ified as petrochemical feedstocks.

SURVEY OF CURRE~T BUSINESS

I962 l-nless otherwise stated. statistics through

and descriptive notes are shown in the edition of BUSINESS STATISTICS I

I96I 1 I962

g~~ c-Ionthly 8\ PI d).!l:' Ft•IJ. I Mar. I Apr. I "-lay I .Tun<' I July I Au~. I Sept. I Oct. ~ov.l Dec.

PULP, PAPER, AND PAPER PRODUCTS-Continued

PAPER AND PAPER PRODUCTS-Con.

PapC'r and board-con. ::\"pw order:; (American Paper and Putp :\~soc.):*

.\11 ~ractPs, paper and hnard ____ thou~. ~11. ton~-\\.llolrsalf~ price indexes:*

Printing paper ___________________ J!J57-Ii!J=IOO .. Book paper, A grade ____________________ <Jo __ _ Paperboard ______________________________ . do ___ _ Builoing paper and hoard ________________ do .....

Se!retl'd types of paper (A l'P ,\I: Fine paper:

Orrlt'rs, new ____________________ thou-;. sh. tons __ Orders, unfilled, end of nwnth __ ---------do ___ _

Production ______________________________ uo ___ _ Shipments ______________________________ .do ___ _

Printing paper: Orders, new ________ --------- _____________ do ___ _ Orders, unfilled, end of month ___________ do ___ _

J' roll urtion ______________________________ .do. __ _ Shl pments. _____________________________ .do ___ _

Coarse paper: Orders, new_--------------------------- _do ___ _ Orders, unfilled, end ofmonth ___________ do ___ _

J'roductlon _______________________________ do ___ _ Shipments. ________ ------------------ __ .. do .. __

Kewsprint: Canada (incl. Newfoundland): Production _______________________________ do ___ _

Shipments from mllls ____________________ do ___ _ Stocks at mills, end of month ____________ do ___ _

United States: Prodnction _______________________________ do ___ _ Shipments from mllls ____________________ do ___ _ Stocks at mills, end ofmont.h _____________ do ___ _

Consumption by publishersd' ... _________ do ___ _ Stocks at and in transit to pnhllshers, end of

monthd' _____________________ thous. sh. tons __

2. 982

101.7 IOH.l 9'2. 7

Jllll.S

I 57 84

160 156

402 -3fl8

:l89 388

334 I 54

331 330

561 559 225

1]74 1 174

140

455

620

'3, 130

101.4 107.11 93. 1 97.2

'161 SH

r 1()6 1(;2

'42I '371

'414 4I7

•337 I 54

f-58 .'>57 249

179 ISO 39

465

586

3. 030

101.4 !Ofi. 0 89.9 liH. 4

Jl\0 97

lli9 !53

428 397

402 402

314 175

335 332

515 469 268

!6~ 170 42

415

586

I 3. 2R71

101. 4 ' 107. 2 ' !13.0 0~. 2

1R1 !Ill

175 178

478 411i

449 449

347 160

354 35I

578 532 31.1

187 186 43

481

587

I 3.122 I 101. 4 1(17. 8 !J3. 9 97.\J

1G4 97

171 165

429 409

423 423

324 149

342 337

-52;1 M3 296

173 IHO 3fi

487

550

3. 222

Hll. 4 108.2 94. 0 97.7

Hi3 85

I74 164

43.1 385

440 440

340 I39

3r.2 354

574 601 269

I90 IR7 39

499

M7

3.144

IOl. 4 IOK2

114.11 9."). 5

W7 86

169 162

40.1 3;)()

418 419

32.1 140

329 321

566 573 261

188 182 44

457

557

2, \)42

101.4 HIS. 2

94.11 mi.3

1411 H7

14~ 144

392 377

31\fl 3ti7

294 291

527 529 260

lfifi 169 40

423

.187

3. 228

I ill. 4 108.2

IJ4.11 H7.1

I 53 87

167 166

412 :m

423 423

360 152

356 332

5H8 .>75 252

I88 182 47

442

62I

Imports __________________________________ do____ '2 4o3 '45G '388 439 426 484 499 4.13 ' 453 Price, rolls, contract, delivered to principal ports

$per sh. ton__ I34. 40 I34. 40 134.40 134. 40 I34. 40 I34. 40 134. 40 I34. 40 I34. 40

Paperhonrd (National Paperhoard Assoc.): Orders, new _____________________ thons. sh. tons __ Orders, unfilled, end ofmonth _____________ do ___ _ Production, totaL __________________________ do ___ _

Percent of actl\•lty __ --------------------------­Paper products:

Shipping containers, corrugated and solid tiber, shipments !--------------mil. sq. ft. surf. area ..

Folding paper boxes, shipments, index of physical volume _____ ----------------- ____ .I947-49= IOO ••

I, 400 4f\I

1, 394 91

9, 563

I24.0

I. 473 4B8

I,471 92

10.173

I24.I

I, 401 483

I. 389 96

9,036

115.I

I,.188 1,432 4f>fi 468

1, fiO:J I, 432 97 94

11, 145 I 9. 4o3

I27. 2 I 118. 9

I. ii63 460

1. ss:l 95

1 .• 130 4!l]

l, 53!1 tl7

I, 35fi 49fl

1,281 80

10, 142 10, 3621 9, 207

I29. 4 I 12.1. \) ll;J. H I

I. 5114 47H

I. 608 9S

11.421

RUBBER AND RUBBER PRODUCTS

RUBBER Kat mal ruhher:

Consumptlon _____________________ thous.lg. tons__ 35.61 38.21 68.44

'3.5. 13 p. 285

Stocks, end of month _______________________ do____ 68.65 Imports, incl. latex and guaynle ____________ do ____ ''32. 58 Price, wholesale, smoked sheets C'-I.Y.) ___ $ perlb__ . 296

Synthetic ruhher: $ Production _______________________ thous. lg. tons __ (' onsumption ________ ----- __________ _______ do ___ _ f;tocks, end ofmonth _______________________ do ___ _ F. xports _____________ ------ ________________ .do ___ _

Heclaimed rubber: Prodtlction ____________ ________________ _____ do ___ _ C ont'um ption ______________________ ________ do ___ _ Btoeks, end of month _______________________ do ___ _

TIRES AND TUBES

Pneuma tie casings:

117.00 'I3l.I9 91. 85 103 .. >8

245.5.5 •257. 19 24. 7.> '25. 3I

21.99 20.86 32.I.1

23.38 21.83 29.78

3G. IS 39. 63 69. r,g 119. 52 32. 78 ' 30. 20

. 283 . 286

127.17 95.85

2-'5.02 24.43

22.30 2\.0! 30.27

138.52 lO:l. R9 2fil. 84

27. 9V

24.38 22. ()4 30.89

37.47 hS. 01 33.20 . 289

1:10.25 100.27 291.88 25.80

23.17 22.24 30.85

I 40.45 39. 40 64. !lR 62. 50 37. 84 ' 28. 64 . 298 . 283

131.95 124.61 IO\l. 72 107. 76 259. 18 254. 62

21. !)() '25. 97

24. 10 22.87 28.1i(l

25.22 23.34 29.66

33.50 69. 75 37.09

. 273

I25. 11 90. 7G

263.94 24. 'i7

I9. 76 18.83 29.29

37.23 68.75 35. 40 .274

126.80 103. 2ii 256.65 29.38

22.78 21. ()] 28.67

3.098

101.4 !08. 2

94.0 97.I

!50 83

I 59 I 57

417 :lSI

406 406

3:n I 53

329 32I

552 5.18 246

171 ]79 39

470

599

3. 353

HI!. 4 I07. 4 94.0 !16. 3

I69 82

17.1 17~

43I 353

444 444

3fi5 I fiR

359 359

6I8 646 2I8

188 I92 35

511

609

418 543

134. 40 134. 40

I. 433 486

I, 4(~J 92

10,360

1.608 4113

I. 610 96

1!,546

101.4 107.4

94.I llti. 6

r }52 r 75

'160 'I60

T 374 '318

'4I9 '419

'34-1 '145

'363 '360

609 625 202

183 IR4 34

508

597

458

134.40

I. 457 452

I, 474 91

10. 58\J

r 2,822

101.4 107.4

94. I !16.2

'I51 'I48

r 402 '328

'392 '392

'315 'I40

506 sao I78

I66 17{i 25

44I

G04

470

I 333 '414

I, :Jti9 83

8. 9~5

120. 4 1 134.I I21J. 0 120.3

35. 9!) 74. Ofi 33.211

.274

129.75 100.17 2.1(;.26 32.71

22.20 20.70 28.93

43.70 64.22 32.67 . 288

38.28 69. g;j 42.24 . 295

36. :n 6H. 77 36. 70 .300

134.28 134. 9R 'I42. 97 119. 36 I05. 87 98. 9K 252. 00 254. 32 •262. 58

I5. 94 23. 47 29. 28

26.64 24.63 28.95

23.65 21.32 30.22

21. 24 20.12 30.52

Jan.

101.4 107.4 94.1 95.6

172 90

166 I64

447 346

431 43I

361 I 59

35I 345

5I8 433 2Ui

100 I83 32

376

606

S-31

I9(;3

Fe h. Mar.

101.4 1--------107.4 1-------­!l4. I i--------115.5 1--------

::::::::l:::::::: I

--------1--------I ________ I _______ _

--------1--------

1

::::::::1 :::::::r:::::: --------'--------

! 444 420 ,_ 2Hi' 1--------

l il,~ ,--------3i

359 371

134.40 p 134.40

1, 4fi(i 4.5.>

I. 410 \15

IO, tr.9

1, 417 4o4

1. 41:1 49.1

9,407

I. .596 48.>

1. 57'2 97

10,645

1)\J. 3 PJl3. 4 1-----·

40.98 -------- --------68.35 -------- --------30.67 I 48. 7;> _______ _

:tt,; ~'J "' 276.88

7. 72 29. !)3 --------

25.40 23 .• 13 29.47

l'roduetion _______________________________ thous __ 9,728 11,I56 I0,3G9 11.278 10,906 11,712 11,959 111.411 10,722 I0,651 12,856 I0.844 I0,621 12,430 11.709

Sltipmeuts, total ___________________________ do ___ _ Original equipment_ _____________________ do ___ _ He placement equipment. ________________ do ___ _ :Export. __________________________________ do ___ _

9. 8o9 2. sas 6. 908

114

11,055 3, 495 7. 430

I30

9,036 3, 227 5, 680

I29

10, \)]5 3, 657 7, 149

I09

11.565 3, 735 7, 717

1!3

I2. 084 11' 873 3, !l.58 3, 4116 8, 002 8. 357

123 110

11.941 3. 336 8, 492

113

I0.202 1,531 8, 53I

140

11,208 3.307 7, 731

I70

I3,043 4,349 8, 528

166

11, 04I 4. 206 6,696

140

8,778 :J, 698 4. 944

136

11,225 4, Il3 7,019

93

9, 235 3.600 5. 509

1:!{)

f'torb, end of month _______________________ do____ 26, 128 27,086 28, I09 28, 523 27,838 27, 50G 27, 627 26, 03I 26, 533 26,079 26,050 26,039 27,899 29.054 31. 693 Exports (Bur. ofCensus) __________________ do____ 81 89 64 86 75 86 9I 99 103 111 75 IOO 103 24 97

Inner tubes: J'roduction _________________________________ do ___ _ Shipments _________________________________ do. __ _ Storks, end of month _______________________ do ___ _ Exports (Bur. of Census) __________________ do ___ _

~.124 3. 280 9.146

56

3. 403 3,442 R, 9I3

8I

3,605 3, 679 8, I3I

50

4,009 3, 582 8, 714

109

3, 413 3,240 8, 794

83

' R,.,·isNI. P Preliminary. 1 Ineludes Alaska and Hawaii beginnin~ July 1961. 'R,·,·isions for 1961 (thous. sh. tons): June, 464, Oct., 50li, Dec., 448. 'RevisiOn for

196! (thous. !g. ions): Nov., 36.54. *.'\ew series. Data prior to 1961 will be sho,vn lat<.\r. d' As rrportrd by publishers arcounting for about 75 percent of total newsprint con­

sumption in H)61. Alaska and H:nvaii are n'Pn'sPntt>d beg:inning Jan. 1961.

3, 427 3. 223 9, 075

69

3, 277 3. 393 9. 066

96

3,116 3.280 8, 907

86

3, 026 3.2lll 8, 772

80

3, I08 2, 974 8, 963

90

3,88I 3,534 9,290

62

3, I4I 3, 25I 9, 280

79

3, I41 2,640 9,898

89

3, 954 5,071 8, 938

II

3. 59ii 3. 572 8. 974

92

t RoYisions for Jan. III59-Mar. 1961 are available upon reque,t. $ Revised effective with the Jmw I962 SURVEY to inclnuP data for stPrl'o ami otlwr Pias­

tomers (except polyurethane rubbers) as follows: Production and consumption, hc'ginnin~ .Tan. 1961; storks. b<'~innin~ D<'c. HJGO.

S-38 SURVEY OF CURRENT BUSINESS

Unless otherwise stated, statistics through 1960 I and descriptive notes are shown In the 1961 edition of BUSINESS STATISTICS

19~:~:r~~;62,_F_e_h_...,,-M-a_r_. ,,-A_p_r_...,,-M-a-y...,,-J-u-ne-,,-:-9u-612_Y_,,-A_u_g __ .,.,-S_e_p_t_ . .,.~-0-r-t . .....,.-~---o-v-... ,-D-er-.- Jan. I ::: I ~hr.

PORTLAND CEMENT

Production, finished cement .••.•.•.•.•. thous. bbL. Percent of capacity------------------------------­

Shipments, finished cement. •..•...•••. thous. bbL. Stocks, end of month:

STONE, CLAY, AND GLASS PRODUCTS

26,950 28,027 15,309 20, 454 28,089 33,719 32,304 33, 3RS 36,132 33,669 33,926 29,339 u n M M n g g ~ w oo ~ m

26,889 27.892 14, 477 21, 269 27,990 33,677 33,625 3.1, 611 40,669 33, 120 36,498 27.346

22,940 59

16,753

18,289 47

14,559

14.750 42

14.735

Finished .•.....•. _ .••.••.•. _ .•••.••.•....•. do •.•. Clinker.---------------------------------- .do ••••

35,879 36,683 40, f\26 39,817 39,958 40,076 38,684 36,45.1 31.964 •32, 52! 29,001 32,324 •38 .. 131 42,261 42, 2RS 25,021 24,083 28,956 32,891 32,767 30,031 27.942 25,189 20,480 17,831 15,302 14,931 17.920 •22,286 28,093

CLAY CONSTRUCTION PRODUCTS

Rhlpments: t Brick, unglazed (common and face)

mil. standard brick.. 535. 6 Structural tile, except facing _____ thous. sh. tons.. 39.7 Sewer pipe and fittings, vitrified ___________ do.... 145.8 Facing tile (hollow), glazed and unglazed

mil. brick equivalent.. 35. 3 Floor and wan tile and accessories, glazed and un-

glazed .. ----------------------------mil. sq. ft.. 19.0 Price Index, brick (common), f.o.h. plant or N.Y.

dock •• __ --------------- ------------1957-59= 100.. 103. 8

GLASS AND GLASS PRODUCTS

Flat glass, mfrs.' shipments (qtrly. total and qtrly. average)_ ·----------------------------thous. $ •• 1 115, 113

Sheet (window) glass,shlpments ___________ do ____ 127.743 Plate and other flat glass, shlpments ........ do .•.. :l7, 370

586.2 37.5

1411.0

34.5

21.4

104.9

71,506 31,612 39,894

358.4 27.8 87.6

23. 2

17.7

104.9

503.5 31.3

125. 7

29.1

20.8

10.1.1

74,1158 32,144 42,.114

649.9 725.8 35. 2 39.0

159.3 175.8

34.9 36. 5

20. 3 22.6

105.1 104.9

61\8.7 36.1

172.5

35.5

22.0

104.9

64,322 26,613 37, 709

676.6 718.2 39.2 37.8

170.0 186.3

37.4 42.9

21.0 24. R

104. 9 104.9

608.9 34.6

158.7

34.7

21.0

104.9

69,574 32,677 36,897

6RS. 5 618.0 39.9 39.4

166. I 144.3

40.2 37.2

24.0 23.3

104.8 104.8

499.4 31.4

124.2

35.5

21.0

10.1. 0

77,470 35,014 42.456

476.3 2.5. 4

126.7

32.6

23.0

105.1

--------1--------_______ l _____ __

I

f I

-------- -------- ~- -------Glass containers: t '

Production _________________________ thous.gross .. J:l,957 '14,496 13,103 14,480 14.016 15,209 15,978 15,753 !6,327 14,515 14,999 13,347 •!2,738 14,418 --------1-------Shipments, domestic, totaJ.. _______________ do •••.

General-use food: Narrow-neck food ______________________ do .... Wide-mouth food (incl. packers' tumblers,

jelly glasses, and fruit jars) ____ thous. gross .. Beverage _________________________________ do .••• Beer bottles ___________________________ .•. do .•• _ Liquor and wlne ________________________ .do ... .

Medicinal and tollet_ ____________________ do ... . Chemical, household and lndustrlaL .... do .•.. Dairy products __________ -·------------ __ .do .•.•

13, 633 •14. 170

I. 492 1, 582

3, 904 ' 4, 0&1

1.007 1, 807 I. 289

2. 9~.5 1. 007

142

1, 166 2, 089 1, 263

3, 066 786 134

11,905 13,975

1, 173 1, 396

3, 559 3, 886

859 1,354 1,122

2,964 764 llO

I, 1119 I, 939 I, 377

3, 277 811 120

Stocks, end of month ______________________ .do.... 21, 582 22,626 22, 779 23,066

GYPSUM AND PRODUCTS

Crude gypsum, qtrly. avg. or total: Imports __________________________ thous. sh. tons.. 1. 242 Production ____ ----------------------------do ____ ., 2. 375

Calcined, production, qtrly. avg. or totaL .•. do.... 2. 062

Gypsum products sold or used, qtrly. avg. or total: Uncalcined uses __________________ thous. sh. tous __ '1. 000 Industrial uses _____________________________ do.... 65 Building uses:

Plasters: Base-coat. ....... ______________________ do.... 2M All other (Incl. Keene's cement) ______ .. do.... 2t\4

1.355 2. 459

2.205

981 67

2.16 257

1,019 2,038

I, 916

643 67

226 207

Lath ________ -----------------------mil. sq. ft.. 411.6 396.2 335 .. 5 Wallboard _______________________________ do ____ 1, 483.9 1, 657.9 -------- I, 395. 1 All other§ ________________________________ do.... 56.6 58. 9 46.2

13,452

1, 251

3,492

I, 5f>R 2,071 1,196

2,966 796 112

15,090 15,535 14,113 17,312 16,328 14,3911 13, ()()3 '12, 30>l 13,128

1,256 1,487 1,606 3,082 2,845 1,579 1,086 •],057 1,208

4,126 4,139 3, 968 5, 035 4, 517 4, 699 4,171 • 3, 568 4, 148

1, 707 2,651 1, 261

3, 097 869 123

I, 717 2. 929 I, 284

3, 035 8~6 118

1,389 2, 705

991

2,618 724 112

I, 104 2, 391 1,296

3, 357 879 1118

758 2,811 1,326

3,123 778 170

799 I, 451 1,563

3,345 809 151

968 1, 213 1, 528 'I, 74:J I, 433 ' 1, !38

2,997 674 146

2, 789 '657

143

831 1,579 I. 203

3,312 717 130

--------i--------

--------1 ------

23,256 2:l, 205 23,392 24,656 23.394 21,195 21, 412 21,.100 21,777 22, WI

1,364 2, 609

2, 312

1,132 68

2n 271

1, 542 2, 706

2,429

1,111 67

287 297

1, 495 2, 482

2,161

1,037 118

239 2M

- : ::::::::!::::::::

.. --------1---------------- -------- 426.4 -------- -------- 448.1 374.7

- -------- 1, 670. 7 55.6

______ __/ _______ _ --------I, 736.4 ---------------- 1,822.8

-------- -------- 67. 1 -------- -------- 66. 6 : .. ::::::::1::::::::

TEXTILE PRODUCTS

APPAREL

Hosiery, shlpments ______________ thous. doz. pairs __ 14,008 Men's apparel, cuttings: d'

Tailored garments: Suits __________ ---------------- __ .tho us. units .. 1,572 Overcoats and topcoats. _________________ do •.•. 389

Coats (separate), dress and sport. ........ do .... 815 Trousers (separate), dress and sport ...... do .... 8,641

Shirts (woven fabrics), dress and sport. thons. doz. 1.878 Work clothing:

Dungarees and waistband overalls. __ .... do ____ 264 Shirts_ .. ____ • ___ ..... ____ ._. __ ...... _. __ • do. ___ 304

Women's, misses', juniors' outerwear, cuttlngs:d' Coats ____________ •• ---------------- tho us. units __ 2,006 Dresses _____________________ ............... do .... 20,855 Suits ..• __ ••• ____ •• _ •• _. __ ....... _ •• __ • _____ do_ •• _ 764

Waists, blouses, and shirts. __________ thous. doz._ 1,245 Skirts __ • ___ ... __ ....... ----- •• _. ___ • __ • __ •• do .... 663

• Revised. ' Revisions for 1960 are shown in the Apr. 1962 SURVEY. j:Revislons for Jan.-Mar. 1961 will be shown later.

14,355

1, 789 366

1,064 8. 535 2.084

3II 310

2,124 21,178

782

1, 365 727

•l:l, DllO 14,9.52 13,124

1, 721\ I, 881 I, 873 214 281 370

1,005 1,124 I, Oi9 ~- 514 9, X4~ 8,824 2,137 2. 2.18 2, 042

295 308 308 325 324 338

2,437 2, 566 1,275 21,482 26,654 26,143

I, 140 1,109 673

1, 508 1,656 I, 557 661 740 757

14,310 14,680 12,428 17,236 13,711 16,438 14,593 II, 671

1, 796 I, 649 1, 200 2,002 1, 750 2,126 1,878 I, 712 470 500 3M 533 442 452 360 210

1,124 1,067 672 1,191 9tl0 1.160 1, 080 1,096 9, 312 9,075 7, .11)9 10,028 8,247 8,915 7, 527 6, 406 2, 245 2,003 1, 563 2,208 2,021 2, 216 2,287 I, 872

332 315 303 387 302 321 285 271 331 326 256 334 289 341 312 250

1,223 2,064 2,274 2,6RS 2,318 2,692 2,545 1, 393 27,130 20,800 17,782 21,804 18, 135 20,624 18,806 14,679

5831 815 726 728 53,1 624 689 667

1, 566 l, 237 1, 226 1.372 1,159 1, 520 1, 3691 916 005 780 804 893 1 700 77.1 ' 1\.18 468

d'Revisions for Jan. 1959-0ct. 191\1 an• aYailahlP upon request. §Comprises sheathing, formhoarrl, and laminated bo<lr<l.

14,834 14,4591-------

2,167 1.834 1 _______

220 247 -------'I, 128 I, 0118 -------•9,003 8,384 -------

2,191 2.156 -------

318 321 -------293 3141 .......

I, 948 2,353 ... ...

"21,031 21,902 -------'1,080 I, IZ:l -----·-

1,332 1. 41K1 -------nsa 705 , _______

.\pril Hl6H SURVEY OF CURRENT BUSINESS R-39

1962 1963 Unless otherwise stated, statisties through 1960

and descriptive notes are shown in the 1961 edition of BUSINESS STATISTICS

1961 1 19621

Monthly average Feb. I Mar. I Apr. I May I June I July I Aug. I Sept. I Oct. I Nov. I D~c. Jan. I Feb. I Mar.

COTTON

<'otton (exclusive ofl!nters): Production:

TEXTILE PRODUCTS-Continued

Oinnlngs§ ________________ thous. running bales .. I 14,325 114,860 Crop estimate, equlval~nt 500-lb. bales

thou.<. bales .. '14,318 114,863

2S7 1,501 4,681 I 9,156 12.061 1'12.937 '14,627 ----------------

-------- -------- --------·--------'--------1-------- -------- -------- --------ConsumptlonU.--------------. ----- ....... do ... _ 710 Stocks in the United States, end of mo.,

totalt.- ___ -··-------------·- ....... __ ... do .... '13, 447 Domestic cotton, totaL--------- ......... do .... '13, 373

On farms and In trans!t. ............... do .... '3. 770 Public stora~~ and compresses ......... do.... 7, 794 Consuming establishments ............. do.... I. 809

Foreign cotton, totaL .................... do.... 75

i~~~~t~c::::::::::: :::::::::::::::::::::: 3~: ::: s.1~ Prices (farm), American upland ..... c'<'nt• per !h .. '' 32. S Prices, middling 1", avg. 14 marketsa" ..... do .... '' ~3. 7

Cotton linters: ConsumptlonU-------------------- .thous. hales.. 109 Production ________________ ...... _______ .... do____ 130 Stocks, end of mof _________________________ do.... M3

COTTON MANUFACTURES

Spindle ~tlv!ty (cotton system spindles):U Active spindles, last working day, totaL.thous ...

Consumin!' 100 perc~nt cotton ........... do .. .. f!pindle hours operated, all fibers, tota.l. ..... miL

Average per working day .............. do .. .. Consuming 100 percent cotton ............ do .. ..

Cotton yam, natural st~k. on cones or tubes: Prices, f.o.b. m!ll:

20/2, carded, weaving........... .. . $per lh .. 36/2, combed, knitting ................... do .. ..

Cotton cloth:

19,037 17,330 9, 764

450 8,887

. 647

. 926

727

•14,612 •14,526 '3,402

9,470 1,654

86

321 12

108 141 633

18,832 16, 795 9,920

459 8,816

. 660

.938

Cotton broad woven goods over 12" In width: Production, qtrly. avg. or totaL. _mil. lin. yd.. 2, 292 2, 318 Orders, unfilled, end of mo., as compared with

avg. weekly productlon .... No. w~eks' prod.. 11.8 10.8 Inv~ntorics, end of mo., as compared with avg.

weekly productlon ......... No. weeks' prod.. 5. 5 5. 4 Ratio of stocks to unfilled orders (at cotton

mills), eudofmo., seasonally adjmt~d 0....... . 47 . 51

Exportst _________________ ... __ .. thous. sq. yd .. '39, 117 '34, 691 Importst---------------- ______ .... __ .. __ .do____ 21,254 38.671

Mill mar~nst--------------------~ents per lb .. Prices, wholesale:

Denim, m!ll finlshed ___________ cents per yd __ Print cloth, 39.1nch, 68 x 72 ............. do ___ _ Sheeting, class B, 40-lncb, 48 x 44-48 .... do ....

MANMADE FIBERS AND MANUFACTURES

F!her production, qtrly. avg. or totaL ..... mil. I h .. Filament yarn (rayon and acetate) ........ do .. .. Staple, Incl. tow (rayon) ___________________ do .. .. N oncellulos!c (nylon, acrylic, protein. etc.). do ... . Textile glass fiber __________________________ do .. ..

Exports: Yams and monotllaments: ............ thous. lb .. Staple, tow, and tops ...................... do .. ..

Imports: Yams and monotllamentst ................. do .. .. Staple, tow, and topsf _____________________ do .. ..

Stocks, producers', end of mo.: Filament yarn (rayon and acetate) ...... mil. lb .. Staple, Incl. tow (rayon) ................... dc> .. .. Non cellulosic fiber•. ----------------------.do ___ _ Textile glass fiber• _________________________ do ....

Prices, rayon (viscose): Yarn, filament. 150 denier .............. $ per I h .. Staple, 1.5 denier. _________________________ do ....

Manmade fiber broadwovcn fabrics:

24.49

38.3 15.1 16.3

485.6 160.4 100.2 187.7 37.3

25.24

39.6 15.4 17.0

596.2 181.5 125.0 242.6 47. I

7, 018 9.177 3, 834 4, 281

541 • 809 '3,374 '5,463

56. 4 .13. 2 53. 5 48. 4

6 70.9 678.2 '22.1 '26.8

. 82

.26 .82 .26

Production, qtrly. avg. or totalH' . _mil. lin. yd.. 596. 2 Rayon and acetate (excl. tire fabric) ..... do.... 366.3

665.2 390. f> 73.2

140.8 Nylon and chiefly nylon mixtures ........ do.... 64. 1 Polyester and chiefly polyester blends• __ do.... 111. 6

Exports, piece goodst ............. thons. sq. yd .. 11,559

SILK Imports, raw ____________________________ thous.lb.. 5.17 Price, raw, AA, 20-22denier ............. $per lb.. 5.20 Productlon, fabric, qtrly. avg. or total

thons.lln. yd.. 5, 732

11, 633

'5. 39 6.03

6,120

717

•13, 16f '1~. 084

'682 10.338 2.064

82

381 5

29.4 33.7

105 174 M2

18.990 17,127 9, 574

479 8,615

.670

.958

731

•13.054 •ll,980

'458 9,386 2,137

'74

392 5

30.6 33.8

Ill 1.56 689

IS.IJ7R 17.105 9, 597

480 8,622

.670

. 956

2,425

12.3 II. 9

4. 9 4. 8

. 43 .42

38.660 42, Ill 41.140 •42,860

24.94

38.3 15. I 17.0

7, 453 4, 633

665 7, 715

48.0 45.4

.82

. 27

11,096

688 5. 22

25.09

39.6 15.5 17.0

580.8 188. I 123.0 221.7 48.0

R. 784 3, 513

537 5. 715

51.3 49.5 63.7 21.1

. ~2

. 27

657.7 394.1

75. 1 128.7

12,964

'544 5. 42

6,325

• 868

•10, 894 •10, 828

'407 8,331 2,090

6.1

302 4

32.2 33.8

'124 124 694

IS, 987 17.107

411,668 4fi7

•to, 535

.670

. 941

11. 4

4. 9

.44

713

•9,826 '9, 772

-354 7, 448 1, 969

54

361 3

33.6 33.9

105 85

655

18.806 16,901 9. 501

475 8 • .1!16

I !

I .661 I . 938

11.0

5. 0

. 47

699

'8, 711 r8,6fi1

T 257 6,661 I, 744

49

425 1

33.6 34.1

!03 58

5981

18,817 . 16,869 9, 510

476 8, 481

. 661 1

. 9:J8 I

2, 435

10.1

5.1

. 51

!

1690

7, 831 7, 7R9

190 6.095 1,504

42

464 1

33.4 34. ()

• 85 51

576

18,761 16,773 • 9,697

388 • 8.621

.6.56

. 9:J6

12.2

6 . .1

. 55

693

•21, 521 •21,404 •13,574

6,597 1,233

Il7

139 89

32.6 33.4

105 69

.124

18,798 16,731 9,432

472 8,382

. 656

. 931

9.2

5.4

. 56

661

•20, 724 •20,600 •10, 840

8, 631 I, 129

124

163 24

33.2 33.0

101 !57 539

18,689 16,543 9,131

457 8,031

. 654

. 931

'823

'19. 752 'l.P, 628 r 6, 759 II, 655 1, 214

124

!57 3

32.6 33. ()

'I2!i 223 614

18,712 16,495

I Il,565 463

110,134

. 651

.926

1)67

•18, 792 '18, 675 '4, 299 12,997 1,379

116

299 3

31. R 33.0

10! 222 696

18,730 16,395 9,253

463 8,035

590

•17, 823 •17, 717 'I, 951 14,304

1. 462 106

383 I

31.0 33.1

18, 7.JO 16,374 8. 450

422 7,317

.6.11

. 924

'2.180 ________ !________ 2. 234

9. 4

5.6

.56

10.1

.1. 7

.54

10.:!

.1.8

. 55

II. I

6. 2

. 56

39,618 35, 428 39,091 57,001 •34,381 30,757

34,061 28,562

31, 823 29, 797 29. 561 31, 094 32, 684 30,960 37,819 46,474 27,388 38,019

25.38

40.3 15. 5 17.0

25.06

40.3 15.5 17.0

9, 208 8. 721 4, 338 4. 406

548 '847 4. 351 '5, 086

51.6 49.8 51. I 48. 5

.82

. 27 .82 . 27

12, 661 II, 890

524 421 5. 73 5. 98

24.90

40.3 15.5 17.0

593.8 175.6 119.2 243.0 56.0

10,240 3. 995

7II 5. 771

47.9 51.2 67.6 28.4

.82

. 27

25.10

40.3 15.5 17.0

25.23

40.3 15.4 17.0

6, M4 II. 549 3, 024 4, 215

1. 106 859 ' 5. 738 ' 6. 030

.11. 1 54. 0 54.5 54.4

. 82

.27 .82 . 27

~~u 1:::::::: :::::::: 75.6 -------- --------

128.8

13, 620 9, 422 10, 577

399 6.22

6. 047 I

473 785 6. 20 6. 36

25.70

40.3 15.3 17.0

590.0 180.6 119.9 245.9 43.6

10,484 5, 414

1,070 5, 252

57.1 52.9 82.4 30.2

.82

. 27

642.4 374.4 69.6

141.4

11,784

525 5. 98

5,884

25.63

40.3 15.3 17.0

25.58

38.3 15.3 17.0

7, 840 9, 020 3, 881 .5. 200

930 902 3, 516 4, 801

58.4 59.6 48.4 41.8

.82

.26 .82 .26

25.37

38.3 15.4 17.0

620.4 181.8 137.9 259.8 40.9

11,776 5, 419

861 6,673

62.7 40.0 99.3 27.5

. 82

.26

~~~~~~~t~~~~~~~ :~H 10, 3531 11' 087 13. 664

---~~~~-~---~~:~-' 6~~ tScattered revisions for 1959-1961 are available upon request.

'790

•16. 81.1 •16.693

1,012 •14, 142 '1, 539

'122

211 (') 30.1 33.4

'114 194 811

18. 611 16,222

111,206 448

j 9, 705

659

15,918 15,803

914 13,268 1, 621

115

---~~TI::::;i:~: 33.8 1 34. o

I

lOll I'--------170 --------82i , _______ _

18,541 1------ .. 16,0291 ______ __ 9, 316 --------

466 --------8,044 ........

I

•.646 --------1-------­•.921 --------1--------

9.-1

.!). ;)

31, 15~ 53,689

25.10

• 38.3 • 15.5 •17.0

24.81 24.54

'58.6 '54.1 --------'49.7 '43.8 --------

2, R08 7, 747 1. 818 4, 821

569 747 -------- --------~--------

62.1 62.2 !·----------~~~~- ---~~~~-1::::::::

•.82 •. 26

~~~~~~~~ ~~~~~~~~H~~~~~ -------- ________ ! ______ __

582 • 7.63

267 --------

• Revised. • Preliminary. I Total crop for year. • Ginnlngs to Dec. 13. • Olnnlngs to Jan. 16. 4 Data cover a 5-week period. 'Data are for month shown. 6 Qtrly. avg.

7 Less than 500 bales. • Season averag~. tRevised series. See note in the Sept. 1961 SURVEY; data for Aug. 1957-June 1960 are

a>ailable upon request. §Total ginnings to end of month indicated except as noted. ,Data for Apr., July, ond Oct. 1962 and Jan. 1963 cover o-week periods, other months, 4

W('(•ks. 0~ew series from v.S. Dept. of Agriculture and American THtilc 1\ffrs. Inst., Inc.;

data for 1946-61 are available upon rNJUe,t.

'? Includes data not shown separately. *New series; data for 1954-60 are available upon request. a" Beginning Aug. 1962, ineludes Phoenix, Ariz. (15 markets).

8-40 SURVEY OF CURRENT BUSINESS

1962 1963 Unless otherwise stated. statistics through 1960 I and descriptive notes are shown in the 1961 edition of BUSINESS STATISTICS July I Aug. I Sept. I Oct. I :\"ov. I Dec. Jan. I Feb. I :'dar.

WOOL

Wool consumption, mill (clean basls):n Apparel class __________________________ thous.lb __ Carpet class _______________________________ Ao ___ _

Wool imports, clean content_ ________________ do ___ _ Apparel class, clean content_ _______________ do ___ _

1\·ool prices, raw, clPan hasts, Boston: Gooil French combing and staple:

Grailed territory, fine _________________ $ per lb_ .. Graded fleece,% blood ___________________ do ____ _

Australian, 64s, 70s, good topmaking _______ do ___ _

WOOL MANUFACTURES

Knitting yarn, worsteil, 2/20s-50s/56s, Bradford system, wholesale price _____________ 1957-59=100 __

Woolen ani! worsted woven gooils, exc. felts: Production, qtrly. avg. or totaL ____ thous. lin. yd_

Apparel fabrics, totaL ____________________ do. __ _ Women's and chihlren's ________________ do ___ _

Priers, wholesale, suiting. f.o.b. mlll: Flannel, men's and boy's _________ 19.>7-59=100 __ Gabardine, women's and chlldren's- _____ do ___ _

TEXTILE PRODUCTS- Continued

21, 923 23,254 22, 740 23, 523 127, 828 23. 434 23, 061 123, 251 12,421 12,363 11,3H7 11,159 '12,216 11,501 11.9:l2 110,177 21,079 •23,088 22,747 25,945 21,019 20,133 22,387 •16,828 10,011 15,207 15,409 19.187 13,846 13,579 15,485 •11,210

22, 152 21, 268 126,335 20, 594 13,235 12, 940 116,263 12, 470 24,433 21,001 2!\,102 25,837 14, 849 12,562 14, 514 17,825

1.184 1.032 1.110

96.7

71,721 70,035 43,228

93.8 95.2

I. 247 1.090 1.155

100.6

76,568 74,326 44,449

94.9 96.3

I. 200 1.071\ I. 125

99.2

94.6 95.2

1. 200 1.075 1. 125

99.2

75, 464 73,431 42,066

94.6 95.2

1. 224 1. 075 1.12!\

1. 233 I. 075 1. 135

100. 5 !00 .. 1

94.6 94.6 95. 2 96.9

I. 24.> I. 07.> 1.17.1

100.5

82, 505 80,813 48,362

95.0 96.9

1. 252 1. 075 1.175

1. 27.1 1. 075 1.175

100. 5 100.5

95. 0 95.0 96.9 96.9

TRANSPORTATION EQUIPl\IENT

1.275 1.085 I, 175

101.7

77,867 75,305 48,059

95.0 96.9

1. 275 1.111 1. 175

1, 281 1, 145 1. 175

101. 7 102.9

95.0 95.4 96.9 96.9

19,258 125,017 22,fl34 --------10,991 •114,957 14,326 ----·---27,644 -------- -------- --------17,716 -------- -------- ------·-

I. 300 1.145 1.175

102.9

70,437 67,253 39,309

95.8 96.9

1.310 I, 145 I, 215

1. 325 I, !54 1. 275

1.32ii 1. 160 1. 27S

105.4 -------- --------

95.8 -------- --------96.9 -------- --------

AEROSPACE VEHICLESt:.

Ordrrs, new (net), qtrly. avg. or totaL ______ mll. $--U.S. Government_ _______________________ do ___ _

3, 357 2,619 3,035

3, 199 2, 552 2,868

3. 512 2,663 3,021

4, 055 3, 343 3,670

-------- -------- -------- -- ·---- --------'--------Prime contract_ ____ ------------------- _____ do ___ _

Sales (net), receipts or billings, qtrly. avg. or total mil.$ __

U.S. Government_ _________________________ do ___ _

Backlog of orders, end of year or qtr. 'i! _____ _do ___ _ U.8. Government_ ______________________ _do ___ _

Aircraft (complete) and parts ______________ do ___ _ Engines (aircraft) and parts ________________ do ___ _ Missiles, space vehicle systems, engines, pro-

pulsion units, and parts _________________ mll. $ __ Other related operations (conversions, modlflea-

tlons), products, services ________________ m!J, $ __

Aircraft (civilian): Shlpme.nts El) ____________ _do ___ _ Airframe weight El)_thous. lb __ Exportst _________________ m!J, $ __

MOTOR VEHICLES

3, 738 2,883

13,965 11,043 5, 646 1,546

3,829

1,803

82.1 1,824

28,0

Factory sales, totaL ________________________ thous__ 556.4 Domestic ___________ ------------------ ___ do____ 527.3

Passen~rer cars, totaL ______________________ do____ 461.9 Domestic ________________________________ do____ 450. 2

Trucks and buses, totaL ___________________ do____ 94. 5 Domestlc _________________________________ do____ 77.1

Exports, total t----------------------------number __ 23,447 PaSRenger cars (new and used) _____________ do ____ 10,086 Trucks and hnses __________________________ do____ 13,361

81.8 1,682 27.3

681. 1 654.6 577.8 562.8 103.3 91.9

20,100 11,246 8,855

109. 1 2,045 60. I

628.6 603.7 533.6 518.5 95.0 85.2

17,642 10,221 7,421

3,875 3,037

13,344 10,568 5, 213 1, 504

3, 794

I, 670

776 I, 747 48.2

713.9 68.1. 3 605.8 588.5 108.1 96.8

21,794 12, 140

9,6M

111.2 2, 511 45.1

719.6 687.8 614.3 594.8 105.3 93.0

23, 719 15, 204 8, 515

121.2 2,345 31.6

786.2 75fi. 7 fl73. 5 fi56. 6 112. 7 100.1

22, 06!\ 11,882 10, 183

4, 016 3, 060

12,840 10,171 5, 127 1, 476

3, 491

I, 644

92.4 I, 915

II. 4

678.2 651.2 569.2 555.0 109.0 96.2

22,378 10,895 11,483

77. 9 1,395 17.1

687.7 663.9 587.1 575.4 100.7 88.5

16,669 7,803 8,866

88.3 1,400 10.4

299.2 282.0 218.6 213.2

80.6 68.8

15, 765 5,940 9, 825

3, 862 3,057

13,033 10,457 5,037 I, 455

4, 140

1,367

49.2 1,032 17.1

519.9 501.9 442.5 432.5 77.4 69.4

18,405 11,815 6, 590

-------- ------------------------ --------;--------

44.0 1.2111 21.8

65.6 1, 419 26.1

851.0 802.0 817,7 769.4 726.9 689. 5 705.7 669.11 124. 1 112. 5 112.0 99.8

17,749 23,383 10,934 14,002

6. 815 9, 381

57.4 1, 437 12.3

776. 1 751.5 61il. 4 647.4 114.7 104.1

20,567 11,807 8, 760

47.3 -------- --------1,322 -------- --------

791. 0 72~1. 7 z 773. 7 768.6 698.8 670. 2 601. P 1 fH8. 1 658.0 5''2 H 120.8 J{,O K I ii:2.~~,;-110.6 ]l)f\.0 i--------

::3:~~0: :~~:~~~:!:::::::: Imports (cars, trucks, buses), totald'f _______ _cto ___ _

Passenger cars (new and used)d' __________ _do ___ _ Production, truck trailers: t

24,860 24,076

'33, 080 37, 695 '36, 870 '32, 063 36, 527 '35, 564

32,607 32,335 •30, 523 •27, 754 31,326 31,189 •29, 460 •27, 198

19,394 29,442 35,087 37,272 4.5, 678 32, 904 18,977 28,686 34,081 36, 195 44, 220 32, 020

37,472 --------36,567 --------

Complete traUers, totaL ___________________ do ___ _ Vans _____ . _______________________________ do ___ _

Chassis, van bodies, for sale separately ____ _cto ___ _

Reglstratlons:O New passenger cars _______________________ thous __

Foreign cars ___ -------------------------Ao ___ _ New commercial cars_ --------------------Ao ___ _

RAILROAD EQUIPMENT

Freight cars (ARC!): Shipments. ________ ----------- ___ ------ _number __

Equipment manufacturers, totaL _______ _do ___ _ Railroad shops, domestlc ________________ do ___ _

4,263 2,650

462

487.9 31.6 76.6

2,655 I, 572 1,083

5,648 3, 724

995

578.2 28.3 89.1

3,046 1,962 1,085

New orders _________________________________ do ____ • 2, 564 '3, 087 Equipment manufacturers, totaL ________ do ____ • 1.597 1, 989 Railroad shops, domestic _________________ do____ 967 '1,098

5,295 3, .577

719

473.3 24.5

'69. 7

2,690 1, 772

918

1,466 1,127

339

6,393 4, 543

456

591.7 29.4 86.5

4,077 3,076 1,001

1, 557 1,500

57

5, 934 3, 994

496

635.0 31.1 95.2

3, 421 1,677 1, 744

2,44/i I, 432 1,013

6,391 4, 217

393

643.5 29.4 93.8

3, 758 1,909 1, 849

3,188 2,855

333

5, 721 3,442

228

601.9 28.7 88.4

3,910 2,219 1, 691

3.411 2,294 I, 117

4, 999 3,014

944

613.6 30.5 90.8

3, 181 2,289

892

3,088 1,630 1, 458

5,462 3,310 1,353

540.2 27.6 94.9

3, 541 2,205 1,336

2, 781 1, 710 1,071

5,117 3,190 1,836

373.9 25.6 74.8

2,946 1,984

962

5, 970 3, 920 2,184

677.7 29.5

102.3

2, 799 2,162

637

1, 551 '4. 329 I, 218 2, 673

333 '1. 656

5, 717 3, 951 1, 837

637.5 26.6 92.4

2,205 1.660

545

5, 290 3, 689

759

644,4 29.8

101.3

1,899 1,336

563

5, 744 3, 906

624

553.9 27.0 90.5

2,445 1,330 1,115

3, 570 '4, 317 '3, 945 2, 959 '1, 736 '3, 090

611 ' 2, 581 '855

498.0 27.6 82.4

3 074 1. 820 I, 254

5.976 3.4311 2, 540

Unfilled orders, end of mo __________________ do ____ 13,462 Equipment manufacturers, totaL ________ do____ 4, 616

14,315 6,788 7,527

17,737 7,970 9, 767

15,265 6, 441 8,824

14, 244 13, 778 13,274 13, 192 12,429 11,064 12,159 13,502 7,039 6,463

16,122 7, 446 8, 676

17,565 9,177 8,388

19,952 10,785 9,167 Railroad shops, domesttc _________________ do____ 8,846

6,152 7,100 8, 092 6, 678

7, 171 6,103

6, 516 6, 003 5, 264 5, 737 6, 676 6, 426 5, 300 6, 422

Passenger ears: Shipments __________________ _clo____ 17 23 0 5 24 72 50 45 25 12 14 13 Unfilled orders, end of mo ____ do____ 202 174 264 259 235 175 163 120 134 122 108 119

Freight cars, class I (AAR): §

18 0 0 126 126 136

Numberowned,endofyearormo _______ thous __ 1,607 1,552 1,600 1,598 1,594 1,588 1,582 1,577 Held for repairs,% of total owned______________ 8. 8 8. 0 8. 8 8. 5 8. 4 8. 3 8. 2 8. 4

1, 573 1, 567 1, 563 1, 559 8.6 8.4 8.4 8.3

1, 552 1, 547 1, 545

'Revised. 1 Data cover 5 weeks. 'Preliminary estimate of production. ,Sec corresponding note, p. S-39. t Revisions for 1959-61 are available upon request. t:.Effective with the Jan. 1962 SURVEY, the qtriy, data reflect an expanded survey and

include companirs deve1opin?, producinf!, asf:embling, etc., complete- missiles and space vehicles (and enf(ines or propulsion units). Comparable data prior to Dec, 31, 1960, are not available.

8.0 8.2 8.3 I

tRevisions for 1960-Mar. 1961 are availahle upon request. 9 Total includes backlog for nonrelated products and services and basic research. $Data inrlude military-type planes shippNl to foreign governments. d" Data coYer complete unit~. chassis, and hodie~. OCourtesy of R. L. Polk & Co.; republication prohihit.ed. §Excludes railroad-owned Private refrigerator cars and private line cars.

U.S. GOVERNMENT PRINTING OFFICE:t953

INDEX TO CURRENT BUSINESS STATISTICS, Pages S 1-S~O

SECTIONS

General:

Business indicator•---------------------- 1-7 Commodity prices----------------------- 7, 8 Construction and real eatate .------------- 9, 10 Domestic trade_------------------------ 10-12

Employment and population ______________ 12-16 Finance .•••• _________ ------------------- 16--21 Foreign trade of the United States _________ 21-23 Transportation and communications •• ______ 23, 24

Industry:

Chemicals and allied products-_---------­Electric power and ga•------------------­Food and kindred products; tobacco-----­Leather and products--------------------

24,25 26

26--30 30,31

Lumber and manufactures--------------- 31 Metals and manufactures __ -------------- 32-34 Petroleum, coal, and products-.---------- 35, 36 Pulp, paper, and paper products __________ 36,37

Rubber and rubber products-------------- 37 Stone, clay, and gla98 products------------ 38 Textile products------------------------- 38-40 Transportation equipment---------------- 40

INDIVIDUAL SERIES Advertising·--------------------------- 10, 11,16 Aerospace vehicles______________________________ 40 Agriculturalloans_________________________ 16 Air carrier operations______________________ 23 Aircraft and parts-------------------- 3, 13-15,40 Alcohol, denatured and ethyL______________ 25 Alcoholic beverages ______________________ 8, 10, 26

Aluminum. __ ---------------------------- 33 AppareL ____________________ 1, 3, 4, 7, 8, 10-15, 38 Asphalt and tar products ___________________ 35,36 Automobiles, etc ___ 1, 4--6,8, 10, 11, 13-15, 19, 22,40

Balance ofinternational payments ___ ------- 2 Banking __ ------------------------------- 16, 17 Barley·---------------------------------- 27 Barrels and drums________________________ 33 Battery shipments._---------------------- 34 Beef and veaL---------------------------- 28 Beverages·--------------------------- 4, 8, 10, 26 Blast furnaces, steel works, etC-------------- 13-15 Bonds, outstanding, issued, prices, sales,

yields---------------------------------- 18-20 Brass and bronze.·------------------------ 33 Brick .. ---------------------------------- 38 Broker's balances_________________________ 20 Building and construction materials_ 8-10, 31, 36, 38 Building costs._-------------------------- 9, 10 Busine98 incorporation.• (new), failures------- 7 Business population_---------------------- 2 Business sales and inventories-------------- 4, 5 Butter ___ --------------------------·------ 27

Cans (tinplate) •• ------------------------- 33 Car loadings._---------------------------- 23, 24 Cattle and calves •• _______________________ 28 Cement and concrete products ____________ 8-10, 38 Cereal and bakery products .• -------------- 8 Chain-store sales, firms with 4 or more and 11

or more stores_------------------------- 12 Cheese ______________ ------------------___ 27 Chemicals ______________ 4-6, 8, 13-15, 19, 22, 24, 25 Cigarettes and cigars ____________________ 8, 10,30 Civilian employees, Federal________________ 14 Clay products._-------------------------- 8, 38 CoaL---------------------- 4, 8, 13-15, 22-24, 35 Cocoa._--------------------------------- 23, 29 Coffee._--------------------------------- 23, 29 Coke--------------------------------- 23, 24,35 Communications _________________ 13-15, 19, 20, 24 Confectionery, sales._--------------------- 29 Construction:

Contracts_----------------------------- 9 Cost•---------------------------------- 9, 10 Employment, hours, earninga, wages __ ---- 13-16 Highways and roads_____________________ 9, 10 Housing starts-------------------------- 9 New construction put in place ____________ 1, 2, 9

Consumer credit __ ------------------------ 17, 18 Consumer expenditures_------------------- 1, 2 Consumer goods output, index______________ 3, 4 Consumer price index______________________ 7 Copper __ -------------------------------- 23, 33 Corn .... -------------------------------- 27 Cost of living (see Consumer price index) _ _ _ _ 7 Cotton, raw and manufactures _______ 7, 8, 21, 22, 39 Cottonseed cake and meal and oiL__________ 30 Credit, short- and intermediate-term ___ ----- 17, 18 Crops __________________________ 3, 7, 27, 28, 30, 39 Crude oil and natural gao------------- 4,13-15,35 Currency in circulation_------------------- 19

Dairy products--------------------------- 3, 7, 27 Debits, bank._--------------------------- 16 Debt, U.S. Government____________________ 18 Department stores __ ------------------- 11, 12, 17 Deposits, bank------------------------- 16, 17,19 Disputes, industrial_ __ -------------------- 16 Distilled spirits--·------------------------- 26 Dividend payments, rates, and yield•------ 3, 18-21 Drug stores, sale-s.------------------------ 11, 12

Earnings, weekly and hourly _______________ 14-16 Eating and drinking places _________________ 11, 12 Eggs and poultry ________________________ 3, 7, 29 Electric power--------------------------- 4, 8, 26 Electrical machinery and equipment.________ 3,

5, 6, 13-15, 19, 22, 34 Employment estimates.-------------------- 12-14 Employment Service activities______________ 16 Expenditures, U.S. Government.____________ 18 Explosives. __ ---------------------------- 25 Exports (see also individual commodities)____ I,

2, 21, 22 Express operation•------------------------ 23

Failures, industrial and commerciaL.________ 7 Fans and blowers._----------------------- 34 Farm income, marketings, and prices ________ 1, 3, 7 Farm wages·----------------------------- 16 Fats and oils._------------------------- 8, 29, 30 Federal Government finance________________ 18 Federal Reserve banks, condition of.________ 16 Federal Reserve reporting member banks __ • _ 17 Fertilizers _____ --------------------------_ 8, 25 Fire losses________________________________ 10 Fish oils and fish__________________________ 29 Flooring, hardwood________________________ 31 Flour, wheaL---------------------------- 28 Food products ___ 4-8, 10, 11, 13-15, 19, 22, 23, 27-30 Foreclosures, real estate____________________ 10 Foreign trade----------------------------- 21-23 Foundry equipment_---------------------- 34 Freight carloadings ________________________ 23, 24 Freight cars (equipment>------------------- 4, 40 Fruits and vegetables--------------------- 7, 8, 22 Fuel oil---------------------------------- 35, 36 Fuels .. ------------------------------ 4, 8, 35, 36 Furnaces·-----------------------------___ 34 Furniture _______________________ 3, 4, 8, 10-15, 17

Furs.---------------------------------___ 23

Gas, output, prices, sales, revenues _________ 4. 8, 26 Gasoline _______________________________ 1, 35,36

Glass and products------------------------ 38 Glycerin._------------------------------- 25 Gold. __ --------------------------------- 2, 19 Grains and products _____________ 7, 8, 22-24, 27, 28 Grocery stores ____________________________ 11, 12 Gross national product_____________________ 1, 2 Gross private domestic investment._________ 1, 2 Gypsum and products--------------------- 8, 38

~:!~i~:r:qs.;;;:e-;t~======================= 8, n Hides and skin•--------------------------- 8, 30 Highways and roads.---------------------- 9, 10 Hogs.----------------------------------- 28 Home Loan banks, loans outstanding________ 10 Home mortgages·------------------------- 10 Hosiery-------- _____ ------------------_-- 38 Hotels-------------------------------- 14, 15, 24 Hours of work per week____________________ 14 Housefurnishings __________________ 1, 4, 7, 8, 10-12 Household appliances and radios.------- 4, 8, 11, 34 Housing start•---------------------------- 9

Imports (see also individual commodities) __ 1, 21-23 Income, personaL_________________________ 2, 3 Income and employment tax receipts_------- 18 Industrial production indexes:

By industrY---------------------------- 3, 4 By market grouping_____________________ 3, 4

Installment credit. _____________________ 12,17, 18 Installment sales, department stores_________ 12 Instruments and related products _________ 3,13-15 Insulating materials_______________________ 34 Insurance, life_--------------------------- 18, 19 Interest and money rates___________________ 17 Inventories, manufacturers• and trade ___ 4-6,11,12 Inventory-sales ratiOS---------------------- 5 Iron and steeL------- 3, 5, 6, 8, 10, 19, 22, 23, 32, 33

Labor advertising index, disputes, turnover___ 16 Labor force.------------------------------ 12 Lamb and mutton_________________________ 28 Lard._---------------------------------- 28 Lead __ ---------------------------------- 33 Leather and products------------ 3 8, 13-15, 30, 31 Life insurance·---------------------------- 18, 19 Linseed oiL----------------------------__ 30 Livestock __________________________ 3, 7, 8, 24,28 Loans, real estate, agricultural, bank, brokers'

(see also Consumer credit) _________ 10,16,17, 20 Lubricants.--------------------------- ___ 35, 36 Lumber and product•-------- 3, 5, 6, 8, 10-15,19,31

Machine tools._-------------------------- 34 Machinery_------------- 3, 5, 6, 8, 13-15, 19, 22,34 Mail order houses, sale•-------------------- 11 Manmade fibers and manufactures_--------- 8, 39 Manufacturers' sales, inventories, orders_____ 4-6 Manufacturing employment, production work ..

era, payrolls, hours, earnings ______________ 13-15 Manufacturing production indexes ___ ------- 3, 4 Margarine ______________ ---- ____ ----______ 29 Meats and meat packing __________________ 3, 7, 28 Medical and personal care__________________ 7 Metal•----------------- 4-6, 8, 13-15, 19, 23, 32-34 Milk •• --------------------------------__ 27 Mining and mineral•---------- 2--4,8,13-15,19,20 Monetary statistics------------------------ 19 Money supplY---------------------------- 19 Mortgage applications, loans ____________ 10,16,17 Motor carrier•---------------------------- 23 Motor vehicles _____ 1, 4-6, 8, 10, 11, 13-15,19,22,40 Motors and generator•--------------------- 34

National defense expenditu)'ea •• ·------------ 1,18 National income and pro4cuct_______________ 1, 2; National parks, visits ___ ..;;...._ ___ _,____________ 24, Newsprint_·------------~~---------------- 23,37 1

New York Stock Exchange; selected data ____ 20,21 Nonferrous metals.-------L-------- 8, 19, 23, 33, 34 Noninstallment credit._--~---------------- 11 ..

Oats ___________ ---------~---------------- 27! ;~· Oil burners·------------~'----•------------ 34i , " Oils and fats.------~-------------------- 8, 29, 30' ·,II Orders, new and unfilled, .manufacturers'----- 61 !f Ordnance._-----------~~----------------- 13-15 i :!i

~=~'!:.::~~~~1\r':ffit;~~~~=t================ 8' ~!: ;:, Paper and products and pulp __ _;____________ 3;,

1:.

5, 6, 8, 13-15, 19, 23, 36, 37; ,,, Parity rat~o- _ --------- ... -+------- ---------- 7: \' '1~~~ Passports 1ssued _______ ,.._.j..---------------- 24, Payrolls, indexe•-------'"'-4..---------------- 14 i L Personal consumption expepditure•---------- 1, 2 I !.f' Personal income ___ ------------------------ 2, 3·:: Petroleum and products---"---C------------ 4-6;, ii'

8, ll, 13-15, 19, 22, 23, 35, 36, !): Pig iron·--------------~-----"------------ 32! '" Plant and equipment exp~Jjditures __________ 2, 20. ,!l Plastics.and resin materi«<11---------------- 2s: W

~~~k~~t~~~=============================== ~~; ,,, Postal savmgs. ---------•'----------------- 17 ~~ Poultry and eggs __ ·------~--------------- 3, 7, 29; I• Prices (see also individual, commodities)______ 7, 8; .1: Printing and publishing __ , ________________ 4,13-15\' ill Profits, corporate ________ c ___ ~------------ 1,191 11 Public utilities ___________ :,. __ 2--4, 7-9, 13-15, 18-21: h: Pullman CompanY------------------------ 24: :;, Pulp and pulpwood _____ _,_._________________ 36 i(' Purchasing power of the ddllar.~------------ 8:' ,,_

Radiators and convectors.:.---•------------ 34 I"'

Radio and television ______ '---------- 4, 8, 10, 11, 34i ·\' Railroad•------------ 2, 13,14,16,18-21, 23, 24,40; . Railways (local) and bus liites ___________ 13-15,23 'i. Rayon and acetate _____ .;, _____ .:.------------ 39 1 t~i Real estate--------------'-------------- 10, 17, 18

8 '•i

Receipts, U.S. Governmelit----------------- 1 Recreation __ ----------~------------------ 7 Refrigerators and home freezers.____________ 34· Rent (housing) ___ ------------------------ 7· Retail trade·----------~------- 4, 5, 7, 9, 11-15,17, Rice ________________ --------------------- 271

Roofing and siding, aspha.l~----------------- 36 Rubber and products _____ :_ ____ 4--6, 8, 13-15, 23, 37: Rye __________ --------------------_------ 27

Saving, personaL_-------:...---------------- 2, Savings deposits._-------~---------------- 17 Securities issued _______ .._ __________________ 19,20 Service•---------------~-·------------- 1, 2, 13-15 Sheep and lambs _____ ----------------------- 28 Shoes and other footwear.------------ 1, 8, 11, 12, 31

~::~::~~~~·-~~:~~~·-~~~~~~~:=========== 8, ~~I Soybean cake and meal an<ll oiL____________ 301 Spindle activity, cotton____________________ 39, Steel ingots and steel manufactures __________ 32, 33 Steel scrap.-------------~---------------- 32 Stock prices? earnings, sale$, etc _____________ 20, 21. ;.),·:· Stocks, department stores.----------------- 12~ Stone, clay, and glass prodl!cts-------------- 3-6,~: li

8, 13-15, 19, 3G, l' Stoves and ranges------------------------- 34

~~f}S~~=~~i~~~:::::::::::::::::::::::::::: 23

• ~!1 , il' Superphosphate·---------~---------------- 25, !.,;

I ' ~ ~~

i:ie~'hg~~~-tele"irlii>h.-a.ii;;~-•iir~;c~f~"teie: 29 :!: graph carriers __________ , ________ 13-15, 19, 20, 2 .. ' il•

Tele~ision and radio·---~-~--------- 4, 8, 10, 11, 341 li' Textiles and products •. 3, 5, 6, $, 13-15, 19, 22, 38-40, lil Tin·--------------------'----~------------ 23, 33, If Tires and inner tubes _________________ 8, 11, 12, 37

1

f~!

i~~~t~~~~~-~~~~~~~t~~~======-~~~·-~~~~:-~t ~~. J I Trade (manufacturing, Wholesale, and re- ·:;, I

tail>------------------------------- 4--6,11,121

, • i Transit lines. locaL---------- ... ------------ 231 :i: ~

~~:~:~~~~:~~~~-eQuiPmenr.:::::::-3.:6, ~3~i~: ~~: ~~! !i: i TraveL _________________ ·----·------------ 23, 24: l 1 Truck trailer•------------~---------------- 40 !i· . Trucks (industrial, motor)_, ___ -~------------ 34, 40;

;;, Unemployment and insuralilce. ______________ 12, 16 <:. U.S. Government bonds.c.':-------------- 16--18, 20 ,,, U.S. Government finance •• '----------------- 18 i!' Utilities _________________ , __ 2.;.4, 9, 13-15, 18-21, 26,

Vacuum cleaners ______ ......... !----.. ------------ 3+: ~·, Variety stores _________ .;. _____ '*------------ 11,12: \, Vegetable oils __________ ~-~---~------------ 29, 30 ,,: Vegetables and fruits.-------------------- 7, 8, 22' Vessels cleared in foreign trade-------------- 241

Veterans' benefits ________ ! _________________ 16, 18,

Wages and salaries·----------~-------- 1, 3, 14-16· Washers and driers----·------------------ 34· Water heaters._---------,----------------- 34, Waterway traffic _______ ~------------------ 241 Wheat and "!he~t flour---·---------------- 28i Wholesale pnce mdexes·------------------- 8< Wholesale trade __________________________ 4, 5, 12\

Wood pulP--------------'----------------- 36:· Wool and wool manufactu~e&----------- 7, 8, 23, 40.

Zinc·-----------------------·------------ 33, 34·

UNJ't$:0 STATES GOVERNMENT PRINTING OFFICE DIVISION OF PUBLIC DOCUMENTS

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OFFICIAL BUSINESS

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Pf Current

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SINCE 1929

* FIRST COMPREHENSIVE ACCOUNT OF THE WIDELY USED STATE INCOME SERIES

* PERSONAL INCOME BY STATE, BY TYPE, AND BY INDUSTRY-SINCE 1929

* ANALYSIS OF GEOGRAPHIC INCOME CHANGES • PROCEDURES AND DEFINITION

THIS 1957 VOLUME-229 pages, quarto, illustrated, $1.5o-is available from the Superintendent of Documents, U.S. Government Printing Office, Washington 25, D.C., as well as at all Field Offices of the U.S. Department of Commerce.