Survey of Current Business October 1962SURVEY OF CURRENT BUSINESS October 190: above the second quarter. Durable goods sales other than automobiles— mainly furniture and appliances
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OCTOBER 1962
survey of
CURRENTBUSINESS
U.S. DEPARTMENT OF COMMERCE
OFFICE OF BUSINESS ECONOMICS
SURVEY OF CURRENT BUSINESS
OCTOBER 1962 VOL. 42, NO. 10
ContentsTHE BUSINESS SITUATION
Summary ,September Business Rises Seasonally—Consumer Buying Moves at GoodPace, Despite Reduced Auto Purchases—Industrial Production Un-changed—Steel Output Advances
ARTICLE
GNP BY MAJOR INDUSTRIES
Comparative Patterns of Postwar GrowthIndustry Composition of Real GNP Changes Little Since 1947—Cyclical Sensitivity Marked in Goods Production and Distribution-Unit Costs Increase Faster Than Prices—Concepts and MethodsPresented
REVISED STATISTICAL SERIES
PAGE
1
Building Cost Indexes (EN-R).
Consumer Prices
Wholesale Prices
18
19
20
CURRENT BUSINESS STATISTICSGeneral S1-S24
Industry S24-S40
Subject Index Inside Back Cover
U.S. Department of CommerceLuther H. Hodges
Secretary
Office of Business Economics
M. Joseph MeehanDirector
Louis J. ParadisoManaging Director
Murray F. FossEditor
K. Celeste StokeaStatistics Editor
Billy Jo DawkiiGraphics
STAFF CONTRIBUTORSTO THIS ISSUE
Business Review:Francis L. Hirt
Article:Martin L. Marimont
George R. KruerVesta C. Jones
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U.S. DEPARTMENT OF COMMERCE FIELD OFFICES
Albuquerque, N. Mex., U.S. Courthouse.Phone 247-0311.
Atlanta 3, Ga., Home Savings Bldg., 75 Forsyth St.,NW. JAckson 2-4121.
Boston 10, Mass., Room 230, 80 Federal St. CApitol3-2312.
Buffalo 3, N.Y., 504 Federal Bldg., 117 Ellicott St.TL 3-4216.
Charleston 4, S.C., Area 2, Sergeant Jasper Bldg., WestEnd Broad St. Phone 722-6551.
Cheyenne, Wyo., 207 Majestic Bldg., 16th St. andCapitol Ave. Phone 634-2731.
Chicago 6, 111., Room 1302, 226 W. Jackson Blvd.ANdover 3-3600.
Cincinnati 2, Ohio, 809 Fifth Third Bank Bldg., 36 E.Fourth St. DUnbar 1-2200.
Cleveland 1, Ohio, Federal Reserve Bank Bldg., E. 6thSt. and Superior Ave. CHerry 1-7900.
Dallas 1, Tex., Room 3-104 Merchandise Mart. River-side 8-5611.
DenTcr 2, Colo^ 142 New Custom House. KEystone4-4151.
Detroit 26, Mich., 438 Federal Bldg. WOodward 3-9330.Greensboro, N.C., 407 U.S. Post Office Bldg.
BRoadway 3-8234.Honolulu 13. Hawaii, 202 International Savings Bldg.
Phone 58831Houston 2, Tex., 5102 Federal Bldg., 515 Rusk Ave.
CApitol 8-0611Jacksonville 2, Fla., 512 Greenleaf Bldg. ELgin 4-7111.Kansas City 6, Mo., Room 2011,911 Walnut St. BAlti-
more 1-7000.Los Angeles 15, Calif., Room 450, 1031 S. Broadway.
Richmond 9-4711.Memphis 3, Tenn., 212 Falls Bldg. JAckson 6-3426.Miami 32, Fla., 14 NE. First Avenue. FRanklin 7-2581.Minneapolis 1, Minn., Room 304, Federal Bldg.
Phone 339-0112
NewOrleans 12, La., 333 St. Charles Ave. Phone 529-2411.New York 1, N.Y., Empire State Bidg. LOngacre 3-3377.Philadelphia 7, Pa., Jefferson Bldg., 1015 Chestnut St.
WAlnut 3-2400.Phoenix 25, Ariz., 230 N. First Ave. Phone 261-3285.Pittsburgh 22, Pa., 355 Fifth Ave. GRant 1-0800.Portland 4, Oreg., 217 Old U.S. Courthouse Bldg.
CApital 6-3361.Reno, Nev., 1478 Wells Ave. FAirview 2-7133.Richmond 19, Va., 2105 Federal Bldg. Phone 649-3611.St. Louis 3, Mo., 2511 Federal Bldg. MAin 1-8100.Salt Lake City I, Utah, 222 SW. Temple St. DAvis
8-2911.San Francisco 11, Calif., Room 419 Customhouse.
YUkon 6-3111.Savannah, Ga., 235 U.S. Courthouse and P.O. Bldg.
ADams 2-4755.Seattle 4, Wash., 809 Federal Office Bldg., 909 First Ave.
Mutual 2-3300.
&By the Office of Business Economics
uaiion
SEPTEMBER business rose by aboutthe usual seasonal amount. Personalincome held at the August rate, afterseasonal adjustment while industrialproduction and nonfarm employmentwere unchanged again for the secondsuccessive month. On the basis of theadvance report, retail sales were alittle lower. Purchases of automobileshave edged down since July, but this
CONSUMER INCOME AND SPENDING
Total Expenditures Have Risen in Line With
Income in the Past Year
Billion $ (ratio scale)
500
400
Personal Income
(Monthly)
Disposable PersonalIncome \
(Quarterly)
300*̂"" I ™
Personal ConsumptionExpenditures(Quarterly)
250 I I I I I I I I I I I I I I I I II I II I I I ! I I I I I I I I Hi
1960 1961 1962Seasonally Adjusted, at Annual Rates
U.S. Department of Commerce, Office of Business Economics 62-10-1
is not necessarily indicative of a flag-ging consumer demand since the recentmodel changeover has limited supplies.Otherwise consumer buying has beenmoving at a good pace.
Preliminary estimates of third quarterGNP indicate a seasonally adjusted an-nual total of $556 billion, up some $4 bil-lion over the second quarter and $34 bil-lion over the third quarter of 1961.Final sales to consumers, business andgovernment all increased, with the over-all advance less than that which tookplace from the first to the secondquarter. A lower rate of inventoryaccumulation offset part of the thirdquarter gain in final sales. Final figureson third quarter GNP will appear inthe regular review scheduled for theNovember Survey.
Income and purchasing
Personal income rose about seasonallyfrom August to September. The sea-sonally adjusted total of $443 billionwas $23 billion above September of lastyear. There was a net decline inpayrolls, centered largely in manufac-turing, and also a reduction in militarypayrolls, as the demobilization of mili-tary reserves continued. These cut-backs were approximately offset byhigher government civilian payrolls andnon-payroll income, chiefly dividends,interest and transfer payments.
For the second successive month salesat retail stores declined after seasonaladjustment under the influence of re-duced purchasing of automobiles, whichwas due to the model-year switchover.The advance report on trade placedSeptember sales a little lower thanAugust and two percent below July.
If sales of automobile dealers areexcluded retail sales show a morefavorable picture in recent months.Department store sales last monthregistered a good increase. While non-
durable goods sales as a whole wereunchanged in September, they werehigher than in July and for the thirdquarter averaged about 1% percent
TYPES OF CONSUMER SPENDING
By Major Groups
NONDURABLES: Have Risen Steadily This Year
Except for June
SERVICES: Continue Postwar Rise, but a Slower
Rate
Billion $ (ratio scale)
250
200Total Retail Sales
Retail Sales of Nondurables
150
125 I i i i M I i i i i i
Services-GNP Basis(Quarterly)
DURABLES: Model Change Affected LateSummer Purchases of Autos
50
45
40
35
30
25 L
RETAIL SALES OF DURABLES
Durables, Excl. Autos
1960 1961 1962
Monthly, Seasonally Adjusted, at Annual Rates
Date: Census & QBE
U.S. Department of Commerce. Office of Business Economics 62-10-2
SURVEY OF CURRENT BUSINESS October 190:
above the second quarter. Durablegoods sales other than automobiles—mainly furniture and appliances andlumber and hardware—have notchanged much in the past two monthswith a sales rate about 2/2 percent abovethe second quarter average.
With the changeover in assemblyplants auto sales in September wereat their lowest volume, after seasonaladjustment, so far in 1962; sales ofautomotive dealers in the third quarterwere some 4 percent below the averageof the previous three months. Stocksof the 1962 models, however, have beenquite low relative to demand, and witha good year behind them dealers havenot been disposed to cut prices furtheras an inducement to consumers.
Auto output is high
The 1963 models did not go on saleuntil very late in September; reportsfor the early part of October suggestthat sales of the new cars have beengood. Meanwhile automobile assem-blies increased sharply during Sep-tember, moving up from 65,000 in thefirst week to 147,000 in the final week.Output for the first week in Octobertotaled more than 150,000, equal to theMay average, which was the highmark this year. Thus the automobileindustry is again in the position of pro-viding some stimulus to the economy.
Slotving of income rise
Since the low point in business activ-ity at the beginning of 1961, personalincome has risen by $40 billion, or about10 percent, The rise was more sub-stantial last year, as recovery from thecyclical low progressed, averaging ap-proximately $2.3 billion per month. Inthe early months of this year, the ad-vance in income was quite general—with most of the broad income groupscontributing to the rise. Since April,income flows have been more mixed.
The principal change has been in fac-tory wages and salaries. Prior to Aprila general expansion in manufacturingemployment and an increase in theworkweek had brought a strong risein factory payrolls. With employmentedging down after June and with a gen-erally lower workweek this spring andsummer, factory payrolls leveled offafter April and have moved a bit lowerin the past 2 months.
As shown in the accompanying tablethe advance in payrolls of distributiveindustries has slackened in the past fewmonths. Government payrolls havecontinued upward at a rate which isonly moderately below the increase inthe spring months, with State and localunits accounting for most of the rise.The demobilization of military reserveunits called into service late last }Tearhas dampened the increase in Govern-
Tahle 1.—Personal income, December 1960—September 1962: Changes within quarters
[Billions of dollars—seasonally adjusted at annual rate]
Personal income
Wage and salary disbursements
Commodity-producing industriesManufacturing only. _ _ . ...
Distributive indust ries
Service industries
Government
Other than wage and salary disbursements. _ .
Proprietors' income:Business and professionalFarm
Rental and personal interest income
Dividends
Transfer payments
Old-age and survivors' insurance benefitsUnemployment income benefits . .-
I
5.9
2,5
. 82
.0
.9
. 8
3.4
2. 1
. 0
.4
2 8
. 6
.0
19
11
7. 9
7.4
4.23.8
1.3
1.0
9
.5
9— . 1
8
0
— 9
.0
. 4
51
III IV
'3. 3 ' 10. 8
1. 9 6. 9
- . 1 3. 5- .3 3.7
.0 1.1
.2 1 1
1 2 1 3
1. 4 3. 9
5 > 1 03 l 4
.6 8
1 9
— 2 ! 9
.6 ; .3- .7 : 1.0
1962
I II
4. 7 5. 5
3.9 4.7
1.2 : 2.01.3 1.7
.9 .8
. 4 1 2
1 4 6
.8 .8
2 4— 6 — 1
8 7
0 — 1
^ i ^
.4 .6-l.o - .9
III
2.3
.6
- .6Q
.4
. 5
4
1.7
1.0
7
1
6
. 1
.1
Source: U.S. Department of Commerce, Office of Business Economics.
meat payrolls very recently. The ris<in service industries has been extendecwith some apparent slackening, however, from the second to the third quar-ter.
Income flows other than payrolls haveshown a further expansion in recentmonths, but the changes have beenrather varied. Dividends appear tohave leveled off this year, after havingshown a long period of expansion.Farm proprietors7 incomes—thoughvarying from month to month—havebeen essentially stable this year follow-ing an increase in 1961. Interest andrental income has continued upward inrecent months, extending a long seculartrend.
Transfer payments were higher inthe third quarter following a decreasefrom the previous three months. Partof the spring and early summer slacken-ing was attributable to a reduction inunemployment payments. The latterhad declined through the summermonths, but in the most recent monthsthese have been a little higher. OASIpayments have been little changed inthe past few months.
Employment up
Total nonfarm establishment em-ployment rose by the usual seasonalamount from August to September.Manufacturing employment edgeddownward for the third successivemonth and there were small seasonallyadjusted decreases in construction andtrade. State and local government em-ployment registered a good-sized ad-vance.
In manufacturing, automobile em-ployment picked up sharply from theabnormally low level of the month he-fore but there were small reductions inprimary metals, machinery and severalof the nondurable goods industries.
Hours of work in manufacturing rosemore than seasonally in September,with increases in both durables and non-durables. The improvement repre-sented a reversal of movement in theprevious four months.
Unemployment was unchanged on aseasonally adjusted basis from Augustto September, remaining at 5.8 percentof the civilian labor force. In earliermonths this year the unemploymentrate had been drifting downward, reach-
October 1962 SURVEY OF CURRENT BUSINESS
ing <i low point of 5.3 percent in July.Except for the last two months of 1961the unemployment rate last year wasclose to 7 percent.
On an adjusted basis there was somedecline in the unemployment rate ofadult males from August to September.The August figure was affected by themodel changeover in the auto industry,
although the lower September rate wasnot much different from the average sofar in 1962. In the third quarter ofthis year the adjusted unemploymentrate for this group has averaged about4.7 percent, roughly the same as theaverage in the summers of 1959 and1960 but below the 6 percent rate of ayear as;o.
Primary Metal Output and Consumption
STEEL output in September averagedabout 1.7 million ingot tons per week,a better-than-seasonal rise for the sec-ond month in a row. In the first weekof October, production totaled 1,750thousand tons of crude steel, a rateequivalent to about 57 percent of anindicated 160 million ton capacity asof midyear; in July the operating ratewas 45 percent.
The summer increases in steel out-put have taken place in good part inresponse to a continued rise in neworders received by steel mills. InAugust these were more than 50 per-cent above the depressed rate thatprevailed last spring. The pickup inordering is a reflection of the fact thatthe steel inventory adjustment by steelusers had largely run its course byOctober. According to the new CensusBureau survey of steel inventories andconsumption of manufacturers, steelstocks fell again in August to a pointsome 2 million tons below the Aprilhigh mark. Although stocks are largerthan they were late last year—just be-fore the large steel buying wave—con-sumption has also risen since then. Onthe basis of nonseasonally adjusteddata the stock-consumption ratio ofmanufacturers in August was 2.4 asagainst 2.2 last November and Decem-ber and 2.8 in April.
A somewhat similar picture is appar-ent from an examination of the bookvalue of purchased materials invento-ries of metal fabricating companies(machinery, transportation equipmentand fabricated metals) in relation tosales. These data embrace more thanthe steel mill shapes and forms, towhich thedata refer.
above-mentioned tonnage
By the end of August purchased ma-terials inventories had been reduced bynearly $200 million, or about half thedollar increase that occurred in the firstfour months of the year. The decline
in the value of steel stocks since April(obtained by multiplying the tonnagereduction by $175 per ton, the approxi-mate cost of a ton of finished steel) hasbeen larger than the drop in the valueof purchased materials, so that there isa suggestion that there has been someaccumulation of materials other thansteel mill shapes and forms. The sea-sonally adjusted stock-sales ratio at theend of August was 0.44 as against therecent high of 0.46 in April and 0.44 atthe end of 1961.
Long-term decline in inventory ratio
A feature of the chart is the unmis-takable downward drift in the stock-sales ratio. In 1957 this ratio was inthe neighborhood of 0.56; in 1955 and1956 the corresponding figures ranged
METAL WORKING INDUSTRIES• Sates So Far This Year in Generally Rising Phase• Working Stocks Falling After Earlier Rise and Continue Low Relative to Sales
Billion $
12
10 Sales
Inventories of Purchased Materials
Ratio
.80
.60
.40
.20
Ratio of Inventories of Purchased Materials to Sales
1957 1958 1959 1960Seasonally Adjusted
1961 1962
U.S. Department of Commerce, Office of Business Economics 62-10-3
SURVEY OF CURRENT BUSINESS October 11X
between 0.51 and 0.59. This basicconservatism regarding purchased ma-terials stocks of metal fabricators re-flects the fundamental changes thathave occurred in the durable goodssector of the economy since the mid-I950's. With capacity above require-ments and with the growth of foreignsources of supply in recent years, de-liveries can be made promptly. More-over, with prices stable to slightlylower, another motive for holding largestocks has been considerably lessened.Under today's less-than-buoyant de-mand conditions more economical man-agement of inventories through moderncontrol methods is also a factor in thelowered ratio.
Expansion in aluminum
In the nonferrous metals group—aluminum, copper, lead, and zinc—sup-plies and consumption in the aggregatewere at record rates during the firsthalf of 1962, with higher net importscontributing to the expansion in overallsupplies. In the more recent period,however, most major producers outsidethe aluminum industry announced pro-duction cutbacks to limit inventoryaccumulation. High production andrising stocks, coupled with intense com-petition in both domestic and foreignmarkets, have put pressure on freeworld market prices of most metals.
Reflecting strong demand and ex-panding markets, primary aluminumproducers stepped up operations gradu-ally during the first half of this year,with the operating rate moving up from80 percent of installed capacity in Jan-uary to 87 percent in June, a rate ap-proximately maintained in July, butreduced in August by a work stoppage.Last year, the July—August rate wasaround 80 percent of capacity. For thefirst 8 months of 1962, output was 12percent above the January-August1961 total and 5 percent above themonthly average for all of 1960, the topproduction year. Of all the majormetals, aluminum is the only one toshow a substantial expansion in con-
sumption since the high years of1955-57.
Product shipments of aluminum inthe form of mill shapes and castings in-creased at an even faster rate and ex-ceeded production by a wide margin.In addition, primary aluminum inven-tories at producers' plants were thelowest since the early months of 1960.Trade sources report that much of theincrease in aluminum consumption thisyear can be traced to the expanded ac-tivities of the building-construction andtransportation equipment industries,including motor vehicles. These twoindustries are the largest consumers ofaluminum and together accounted foralmost half of the aluminum shipped tomarkets in 1961.
Copper, lead, and zinc productionreduced
In copper, most major producersannounced production cutbacks, rang-ing from 5 to 10 percent, during thethird quarter following a record turnoutin the first half of 1962. July outputwas sharply below the June pace and
August fell further to the lowest pointhis year. Aside from the plannecutbacks, the full effects of which arnot expected to show up until thfourth quarter, mining and smeltin;activity was further reduced by thusual summer slowdown for vacationand by the indirect effects of a strikwhich began early in July and continued through most of SeptemberDespite the curtailment, production iiJuly and August was still above th(monthly average for 1961.
Deliveries of refined copper to consuming markets fell even faster thaioutput, so that stocks, which hacchanged little throughout the first halfrose to the highest total since the fallof 1960. Free world stocks outside theUnited States also expanded notwith-standing the output curtailments.
Production and consumption move-ments for lead and zinc so far this yeaiwere much like those experienced forcopper. In general, use of these twometals has remained below the 1955-57monthly average.
National Income and Corporate Profits
GENERAL business activity, as meas-ured by the national income, continuedupward in the third quarter. Thenational income had reached a record$457 billion at a seasonally adjustedannual rate in the second quarter, anincrease of $8 billion over the firstquarter rate, and it appears that thethird quarter total will be higher. Thetables on the facing page presentnational income details for recentperiods and table 2 shows third quarterestimates for all components exceptcorporate profits. Second quarter de-velopments in corporate profits were
highlighted in the September Survey;third-period results will not be availableuntil the end of the year.
In the national income estimates for1962 no allowance has yet been madefor the effect on corporate profits of theliberalized depreciation procedures is-sued by the Treasury Department inJuly. Revised totals which will takeinto account the resultant increase indepreciation write-offs will be pub-lished when sufficient data becomeavailable to appraise the impact on thenational income accounts.
3ctober 1062 SURVEY OF CURRENT BUSINESS
Table 2.—National Income by Type of Income (1-8, 1-9)
[Billions of dollars]
National income _
Compensation of employees
Wages and salaries-.PrivateMilitaryGovernment civilian
Supplements to wages and salaries,..Employer contributions for so-
cial insuranceOther labor income
Employer contributions toprivate pension and welfarefunds _ _
Other . _ _
Proprietors' income _ __
Business and professionalIncome of unincorporated enter-
prisesInventory valuation adjustment.
Farm
Rental income of persons
Corporate profits and inventory valua-tion adjustment
Profits before taxProfits tax liability.Profits after tax
DividendsUndistributed profits
Inventory valuation adjustment
Net interest
1959
400.5
278.5
258. 5213.1
9.935.420.1
9.710.4
8.22.2
46.5
35.1
35.2-. 111.4
11.9
47.2
47.723.224.513.710.8
16.4
1960
415.5
293.7
271.3222.9
9.938.522.4
11.411.0
8.62.4
46.2
34.2
34.2-.012.0
11.9
45.6
45.422.423.014.48.6
.2
18.0
1961
427.8
302.2
278.8227.0
10.241.623.4
12.011.4
9.02.4
47.8
34.8
34.7.0
13.1
12.3
45.5
45.622.323.315.08.3
-.0
20.0
1961
II III IV I
1962
II III
Seasonally adjusted at annualrates
424.3
300.2
276.9225.810.041.223.2
11.911.3
47.2
34.5
12.7
12.2
45.0
44.821.922.914.88.1
.2
19.8
431.3
304.5
281.0228.810.042.223.5
12.111.4
48.1
35.1
13.1
12.3
46.0
46.322.623.714.98.7
-.3
20.3
444.0
309.9
286.1232.510.842.823.8
12.211.6
49.5
36.0
13.6
12.5
51.1
51.425.126.315.510.8
-.3
21.0
448.9
315.2
289.9235. 011.243.725.2
13.312.0
49.1
36.2
12.9
12.6
50.4
50.124.425.615.89.9
.3
21.5
456.7
321.7
295.9240.111.244.625.8
13.412.3
49.5
36.8
12.8
12.8
50.7
50.924.926.115.810.3
-.2
22.0
323.8
297.8241.410.945.525.9
13.512.4
49.7
37.0
12.8
12.9
~15.~8
22.5
Table 4.—National Income by Corporate and Noncorporate Formof Organization (1-14)
[Billions of dollars]
Table 3.—National Income by Industry Division (1-11)
[Billions of dollars]
All industries, total
Agriculture, forestry, and fisheries
ManufacturingDurable-goods industriesNondurable-goods industries
Wholesale and retail trade
Finance, insurance, and real estate
Transportation
Communications and public utilities. _
Services . ._ - _ .
Government and government enter-prises
Other
1959
400.5
16.3
119.971 748.2
66.6
40.4
17.7
15. 6
46. 0
49.0
29 0
1960
415.5
17.3
122.072 649.4
68.0
42.5
17.9
16.7
49.2
52.5
29 4
1961
427.8
18.5
121.771.450.3
69.6
44.7
17.9
17.5
51.7
56.3
29 8
1961
II III IV
19
I
62
II
Seasonally adjusted at annualrates
424.3
18.1
120.770.650.1
69.6
44.5
17.7
17.3
51.3
55.7
29.5
431.3
18.6
123.072.450.6
70.0
44.8
18.2
17.6
52.3
56.7
30.0
444.0
19.1
129.377.352.0
71.4
45.7
18.5
18.0
53.3
58.2
30.5
448.9
18.4
130.678.152.6
72.4
45.9
18.7
18.3
54.4
59.7
30.3
456.7
18.3
133.680.153.5
74.1
46.6
18.8
18.4
55.5
60.6
30.7
Na tiona 1 income
Income originating in corporate busi-ness
Compensation of employees .Wages and salariesSupplements to wages and
salaries
Corporate profits and inventoryvaluation adjustment l
Profits before tax l
Profits tax liabilityProfits after tax l
Inventory valuation adjust-ment _ . .
Net interest. ... ... -
Income originating outside corporatebusiness
1959
400.5
220.8
174.5160.4
14.1
45.445.923.222.7
.9
179.7
1960
415.5
227.4
183.1167. 5
15.6
43.743.622.421.1
.2
.6
188.0
1961
427.8
230.0
185.8169.7
16.0
43.343.422.321.1
-.0
.9
197.8
1961
II III IV
1962
I II
Seasonally adjusted at annualrates
424.3
228.7
184.8168.9
15.9
43.042.821.920.9
.2
.9
195.6
431.3
232.1
187.2171.1
16.1
43.944.222.621.6
—.3
.9
199.2
444.0
240.2
190. 5174.1
16.4
48.749.025.123.9
-.3
1.0
203.8
448.9
242.3
193. 5176.0
17.5
47.847.524.423.0
.3
1.0
206.5
456.7
247.1
197.8179. Q
17.9
48.348.524.923.6
-.2
1.0
209.6
1. Excludes corporate profits received from abroad.
Table 5.—Sources and Uses of Gross Saving (V-2)
[Billions of dollars]
Gross private saving
Personal saving. . ... ._Undistributed corporate profitsCorporate inventory valuation
adjustmentCapit al consumption allowanceExcess of wage accruals over dis-
bursements
Government surplus on income andproduct transactions
FederalState and local. . _ ... _ ... _
Gross investment _ _ _ _ _ _ _ _ _ , _ _
Gross private domestic invest-ment
Net foreign investment .
Statistical discrepancy
1959
74.9
23.610.8
-.541.0
.0
-1.5
-1.1-.3
70.4
72.7-2.3
-3.0
1960
72.9
20.98.6
.243.2
.0
4.2
3.8.4
73.7
72.41.3
-3.4
1961
79.2
25.68.3
.045.3
.0
-4.4
-3.8-.6
71.7
69.32.4
-3.1
1961
II III IV
1962
I ir
Seasonally adjusted at annualrates
78.7
25.58.1
.245.0
.0
-4.3
-4.2—.1
70.1
67.62.4
-4.4
80.4
26.38.7
-.345.7
.0
-3.6
-3.3-.3
73.8
72.41.3
-3.1
83.5
26.510.8
-.346.6
.0
-2,9
-1.3-1.6
78.8
76.62.2
-1.9
82.5
25.49.9
.347.0
.0
-3.3
-2.4-.8
77.8
75.92.0
-1.4
84.5
26.910.3
-.247.5
.0
-1.1
— . 7-.4
79.4
77.42.0
-4.0
Table 6.—Corporate Profits (Before Tax) and Inventory ValuationAdjustment, by Broad Industry Groups (VI-10)
[Billions of dollars]
AH industries, total
Manufacturing
Durable-goods industriesNondurable-goods industries
Transportation, communications, andpublic utilities ... . _ _ _
All other industries
1959
47.2
25.4
13.411.9
6.7
15.1
1960
45.6
24.0
12.211.8
7.0
14.6
1961
45.5
23.5
11.711.7
7.4
14.7
1961
II III IV
1962
I II
Seasonally adjusted at annualrates
45.0
22.9
11.211.7
7.2
14.8
46.0
24.0
12.111.9
7.5
14.5
51.1
27.5
14.912.6
8.0
15.6
50.4
27.0
14.212.8
8.1
15.4
50.7
27.1
14.312.8
8.0
15. 7
BY MARTIN L. MARIMONT
GNP by Major Industries«/ e
Comparative Patterns of Postwar Growtli
TOURING the postwar period, allindustry groups in the economy
participated in the upward sweep ofthe gross national product. However,the industry groups differed markedlyin the extent to which they shared inthe 1947-61 expansion, when the realvolume of GNP rose by 60 percent.Finance and insurance, communica-tions, and public utilities were theleading gainers, while the farm andtransportation industries were amongthose making the smallest contributionsto the overall increase in real GNP.
The differential patterns of postwareconomic growth, which hitherto couldbe observed only in terms of thecurrent-dollar national income figures,can now be analyzed into real volumeand price components, with the aidof the new data that underlie thisreport.
Since prices were rising in the postwarperiod, the increase in current-dollarGNP was larger than in real output—the 1961 current-dollar GNP totaledalmost $519 billion, more than doublethe $234 billion figure for 1947. Thelong-term advances varied considerablyamong major industries, as did theyear-to-year changes. Above-averageincreases in prices occurred in contractconstruction, services, and general gov-ernment; prices declined for farms andpublic utilities.
The cost structure of GNP originat-ing in private business shifted overthis period, as paAToll costs and capitalconsumption allowances increased morerapidly than prices, and profit marginsremained stable. (Total profits in-creased, of course, with the growth in
NOTE.—George R. Kruer had a major part in developingthe basic estimates and assisted in the preparation of thisreport. Acknowledgment should also be made to a paperby J. Alterman and E. E. Jacobs, "Estimates of Real Prod-uct in the United States by Industry Sector, 1947-55", inStudies in Income and Wealth, Volume 25, Princeton, 1961.
the volume of production.) This shiftoccurred in most major industriescomprising the private business group.However, the profit experience of themore rapidly growing industries wasrelatively more favorable.
These are among the highlightsemerging from a major expansion of the
national accounts, consisting of a breakdown of the GNP into industry components undertaken by the Office oBusiness Economics. The work wa;planned to accomodate the special requirements of the Interagency Projecon Economic Growth and Employ menOpportunities.
New Set of GNP Accounts
THIS article presents a new set ofaccounts on the measures of the physi-cal volume of the gross national productoriginating in the various industries ofthe Nation, which in principle aggregateto the physical volume of GNP ascalculated by summing the varioustypes of expenditures for final output,corrected for price change.
Current-dollar gross national productcan be broken down on an industrybasis by adding to the existing series ofnational income originating in each in-dustry its share of indirect businesstaxes, capital consumption allowances,and a few other items that reconcile thenational income and the GNP concepts.However, these income and relateditems cannot be converted into physicalvolume terms directly; appropriatetechniques for doing so are not available.Indirect methods must be used.
The gross product of each industryin terms of income shares and relateditems is equal to the difference betweenits total sales (including inventorychange) and its purchases of raw ma-terials and other current account itemsfrom other industries. This alternativedefinition of industry gross productprovides the means to convert current-
dollar industry product into constanldollars: Separate constant-dollar meas-ures of sales (including inventorychange) and current account purchasesfor each industry are calculated by theordinary methods of price deflationand the difference between these twcseries yields constant-dollar industrygross product. This basic method 01variants of it were applied to industriesaccounting for about one-half of t h etotal GNP; for industries comprisingthe rest of the economy approximationsrelying mainly on deflated industrysales (plus inventory change) wereutilized.
These measures of the physicalvolume of GNP originating in thevarious industries of the Nation arediscussed in the first part of this report.
Next, industry "price" deflators ofthe gross national product originatingin each industry were constructed bydividing the current-dollar gross prod-ucts by the corresponding physicalvolume measures. These indexes meas-ure the percent that the gross product—sales minus purchases—of an industryin a given period is compared to thegross product which the same composite
October 1!H>:2 SURVEY OF CUEKENT BUSINESS
of sales and purchases would haveyielded in the prices of the base period.They can be regarded as measuring theprices of the real product or value-addedcontributed by the factors of produc-tion engaged in each industry. (Anumerical example of this type of cal-culation is provided in the appendix.)
The differential movements in theseindustry implicit price deflators arediscussed in the second part of thearticle.
The current-dollar industry grossproduct which served as the numeratorin deriving the industry deflators canbe broken down into the major elementsof costs—employee compensation, in-terest, capital consumption allowancesand indirect business taxes on theone hand, and profits (including bothcorporate and noncorporate earnings)on the other. It is then possible toanalyze the industry price indexes intothe number of points contributed byeach of these major cost and incomecomponents to the total industry index.This is done by dividing each of thesecomponents by the same constant-dollarfigure of industry output which wasused to derive the overall industryimplicit price index.
This calculation provides succinctsummaries of the cost-price structure ofthe various industries. These underliethe discussion of the third part of thisreport.
Industry rise in 1960-61
The real GNP increased almost 2percent between 1960 and 1961, withgains occurring in all industries excepttransportation. The rise was generallyat a faster pace in the service-typeindustries. The increases in the com-modity producing and distributing in-dustries were less rapid since during theearly months of 1961 they were at a
Cross Product(Rillions of
1954 dollars)
Industry 1960
All industries, total (GNP) 440.2
Agriculture, forestry, and fisheries 22.7Min ing____ : 10.8Contract construction 18. 8Manufacturing 125. 5
Wholesale and retail tradeFinance, insurance, and real estate.TransportationCommunications
Pul >Iic utilitiesServicesGovernment and rest of the worldResidual
78.0,54. 721.49.8
13.844. 942.0
1961
448
231119
127
795721
4643 H
-31/2
cyclical low. The industry gross prod-uct totals, in 1954 prices, are shown inthe preceding table for 1960 and 1961.The 1961 estimates are based uponincomplete statistical information andsummary estimating techniques.
Trends in Real Gross Productby Industry
For each of the broad industry groupsdistinguished, real gross product in-creased from 1929 to 1961. As table 1shows, annual increases in the earlierpart of the postwar period were espe-cially large but in recent years the rateof expansion has slowed considerably.This pattern can be seen in most of theindustries. For the postwar period as awhole, the average annual rate of in-crease has exceeded that of 1929-61;at the beginning of the postwar periodoutput was under the influence of thedislocations caused by World War I T .
Private service-type industries
While each of the broad industrialgroups of the economy participated inthe postwar expansion, the increaseshave varied widely. By far the largestgains in output were recorded by publicutilities and communications. (Seechart on this page.) The public utili-ties industry, which consists predomi-nantly of gas and electric utilities,expanded its output at an annual rateof about 10 percent during 1947-57and at about 7 percent for 1957-61.The pace in both periods was morerapid than the already better-than-average growth rate achieved since1929.
Many factors, both social and eco-nomic, were responsible for thisoutstanding performance. Consumerrequirements multiplied as the popu-lation and the rate of family formationincreased and as the standard of livingrose markedly. More houses andapartments and more widespread useof appliances increased the consumermarket for electric utilities. Further-more, industry expanded its plant andequipment and introduced major tech-nological innovations which requiredgreatly expanded use of electric power.The rapid growth of the natural gasindustry, displacing markets formerly
GROWTH IN REAL INDUSTRY PRODUCT,
1947-61
Real Output of Most Private Service-Typeindustries Increased Faster Than GNP
1954 = 100 (ratio scale)
100
100
100
Finance, /nsuronce,Real Estate
100
100
100
Government anaGovernmenf Enterprise*
Industries Producing and Distributing GoodsGenerally Grew at Slower Rate
Agri., Forestry, & Fisheries
100
100
100
Trade
100
Transportation
1947 49 51 53 55 57 59 61 63
iU.S. Department of Commerce, Of f ice of Business Economic- f^_ ' IO-4
8 SURVEY OF CURRENT BUSINESS October
served by manufactured gas, coal, andpetroleum products, is also reflectedin this industry's advance.
Communications had the secondlargest growth during the postwarperiod. Subject to many of the sameforces as public utilities, output of thecommunications industry grew at aboutdouble the overall rate. The majorcomponents accounting for this growthwere, of course, the telephone industryand radio and television broadcasting.There was a decline in the telegraphindustry.
Better than average gains were alsomarked up by finance? insurance, andreal estate. (The latter includes theownership of residences, which is classi-fied as a business activity in the na-tional income and product accounts.)At the beginning of the postwar periodthese industries had not yet recoveredtheir earlier position in the economy.Other causes of the subsequent expan-sion were in this instance also thedemands of a growing population mag-nified by rising standards of living andthe requirements of expanding businessactivity.
Other industries
Several industries did not keep pacewith the gains achieved in overall GNP.These included farming, mining, andtransportation. Though less than theoverall average, the postwar growth offarm gross product has exceeded signifi-cantly its earlier increase. Miningoutput has weakened largely as a resultof the reduced demand for coal. Coalas a source of power and heat wasunable to meet the strong competitionoffered by such alternative fuels aspetroleum and gas. In addition, tech-nological innovations have broughtabout substantial economies in mineralfuel consumption in fuel-using indus-tries.
The transportation industries, whichhad maintained in the 1929-47 perioda better-than-average rate of expansion,have since slowed considerably. Trans-portation output grew at an annual rateof about 4 percent between 1929 and1947, but declined to only a third ofthat pace during the postwar period.Major declines in railroads, watertransportation and in local and highwaypassenger transportation partially offset
sharp rises in airlines and highwayfreight. The increased use of privatelyowned automobiles has, of course, beenan important factor affecting thisindustry.
Government output (general govern-ment and government enterprises),which had an above-average rate ofincrease through 1947, declined to theoverall average rate for 1947-57 andthen below it for 1957-61. Steadylarge gains in State and local generalgovernment and in government enter-prises were offset in part by the smallerrise in Federal general government.However, the analysis must be qualifiedin the light of the convention adoptedin measuring the output of generalgovernment, the major portion of thetotal. In current dollars, gross productoriginating in general government ismeasured by the compensation ofgovernment employees. (This shouldbe distinguished from the governmentpurchases component of GNP whichreflects the use of national output bythe government.) To convert the cur-rent-dollar government gross productinto constant dollars, real output isassumed proportional to the employ-ment input, thus excluding the effect
INDUSTRIAL DISTRIBUTION OF GNP, 1961
Commodity-Producing Industries Account forNearly 40 Percent of GNP
(Based on current dollar totals)
Agriculture, Forestry
& Fisheries
4 %
/
* Includes rest of the World .5 !
of possible changes in output pelemployee. This point will be referredto again in the discussion of the implicitdeflators.
The real gross product of contractconstruction increased more rapidlythan did total GNP from 1947 to 1957,in sharp contrast to its less-than-average pace before that time. From1957 to 1961 its performance has beenbelow average. Over the entire periodsince 1929 the output of this industryhas not kept pace with the growth oftotal GNP. Certain weaknesses in thecalculations of the real volume of con-struction, which might understate theperformance of this industry, will benoted later.
Manufacturing industries increasedmore rapidly than total GNP between1929 and 1947.] The 1947-57 rate ofincrease was higher than for the pre-ceding years, but below the rate for theeconomy as a whole. In this periodthe durable goods industries increasedsomewhat more rapidly than the non-durables. For 1957 to 1961 the annualrate of expansion for total manufactur-ing declined, as for most industries,and was lower than the national average.
Industry composition changes little1947-61
Kecently about 30 percent of thevolume of gross national product orig-inated in manufacturing industries.Trade activity was a somewhat distantsecond, originating 18 percent of thetotal, followed by finance, insurance,and real estate, services, and govern-ment, each with about one-tenth oftotal GNP. These five activities rep-resented four-fifths of all goods andservices produced.
This pattern is substantially the onethat prevailed in 1947, with a few ex-ceptions in the smaller groupings; thesereflect the industr}^ departures fromthe average growth rate that have justbeen discussed. Agriculture declinedfrom about 6 percent to 5 percent, as didtransportation. Communications andpublic utilities, which together ac-counted for 3 percent of total GXP in1947, had risen to beter than 5 percentrecently.
U.S. Department of Comn , Office of Business Economics
1. The appendix contains a comparison of the index of real62 10 gr°SS ^rocluct originating in manufacturing and the FRB
index of manufacturing production.
October 10C2 SURVEY OF CUKKENT BUSINESS 9
Comparison with 1929 brings to lightmore significant shifts. While manu-facturing also held first place in thatyear, its share amounted to 25 percentin 1929, 5 points lower than in thepostwar years. The share of govern-ment rose from about 7 percent to11 percent over this period. Anothersignificant postwar gainer was commu-nications and public utilities whichoriginated only 2 percent of GNP in1929 and is better than double thatproportion currently. Agriculture 'sshare of total gross product has droppedsharply since 1929, from 9 percent ofthe total to only 5 percent.
This discussion has been in terms ofthe real volume of GNP; the accompa-nying chart, it should be noted, is basedon current dollars.
Cyclical sensitivity marked
There was diversity also in the short-term, or essentially cyclical, movementsof real product. The short-term indus-try patterns fall into two broad cate-gories. One covers activities whichusually show marked sensitivity tochanges in the business cycle. Includedare those associated with the produc-tion and distribution of goods—such asmanufacturing, mining, construction,trade, and transportation. The othercategory shows little response to thesuccessive phases of the cycle. Thisgrouping consists of the industrieswhich in the main provide services—including communications, public utili-ties, services, finance, insurance, andreal estate, and government. In most
Table 1.—Average Annual Percent Changein Real Gross Product by Industry, Se-lected Periods, 1929-60
All industries, total (GNP)_
Agriculture, forestry and fish-eries
MiningContract construction -ManufacturingWholesale and retail trade..-. _ _Transportation _Communications and public
utilitiesFinance, insurance, real estate
and servicesGovernment and government
enterprises-. _ __ _
1929-60
2.9
1 11 32.13 32.73.1
5.8
2. 6
3 9
1929-47
2.5
49
1.23 42.54.2
4.1
1.5
4 3
1947-60
3.5
1 91 93.43 22.91.6
8.3
4.1
3 3
1947-57
3.8
2 02 84.73 63.01.8
8.8
4.0
3.8
1957-60
2.5
1 8— 1 2
— . 72 12.51.1
6.6
4.3
1.5
Figures show the average annual compounded rate ofchange between the initial and terminal years of eachperiod.
NOTE.—Based on constant (1954) dollars. Data for 1929derived from John W. Kendrick, Productivity Trends in theUnited States, Princeton, 1961.
Source: U.S. Department of Commerce, Office of BusinessEconomics.
(J58343—62 2
of these cases the underlying expan-sionist forces during the postwar periodwere so strong that they overrode ormarkedly lessened cyclical influences.
In this discussion of cyclical industryresponsiveness, two data limitationsshould be kept in mind. First, onlyannual totals are available in the realproduct calculations. A time span ofsuch length tends partly to obscurethe timing of the cyclical turning pointsand the extent of the cyclical swings.Second, because of estimating errors,the sum of real product originating inthe various industry groups differssomewhat from the regularly publishedGNP totals. (See table 4.) Conse-quently, wdien year-to-year changes aresmall, some uncertainty is introduced,limiting the precision with which theshifts can be traced at the industrylevel.
The first postwar dip in total GNPoccurring in 1949 was very mild.Industrially, the principal area of de-cline was manufacturing—especially thedurable goods industries. The as-sociated decreases in transportation,centering in railroads, and in miningand farming accounted for all of theremaining downward movement. Pro-duction in all the other industries wasmaintained or rose, limiting the extentof the decline.
In the ensuing recovery and expan-sion all activities participated to carrythe economy to a new peak in 1953.Manufacturing was the principal con-tributor to this gain, accounting forbetter than two-fifths of the increase,considerably more than its propor-tionate share of total GNP. As wouldbe expected, sharp rises in durable goodsproduction were the principal factor.
Manufacturing industries, continuingtheir role as the most volatile element,led the retreat from the 1953 highs.The manufacturing decline was largerthan the total drop. Trade, transpor-tation, mining, and production origi-nating in the Federal Government alsoturned down but by smaller amounts.
The economy reached a new high in1957. The manufacturing upturn wasless vigorous than in the post-1949expansion, adding only proportionatelyto the overall increase.
In 1958 all activities concerned withthe production and handling of goods,
except farms, were set back from their1957 levels. The loss in the durablegoods manufacturing industries alonenearl}7 equaled the drop in the physicalvolume of total GNP. Continuingincreases in the service-oriented indus-tries; however, cushioned the extent ofthe overall decline.
Output for the economy as a wholerose sharply from 1958 to 1959; theincreased pace continued into early1960, and a new high was touched inthat year. However, only modestgains were made for 1960 as a whole,as activity turned down in the latterhalf of the year. In the 1959-60upturn, manufacturing showed a less-than-average increase. The major areasof strength were again the service-associated industries; notably largegains occurred in public utilities andcommunications. (Developments for1960 to 1961 have been discussedearlier in this article.)
Industry Gross ProductDeflators
As already explained, implicit defla-tors for each industry have been calcu-lated by dividing gross product incurrent prices by gross product in 1954prices, and expressing the quotientsin terms of 1954=100.
These implicit deflators, as previouslynoted, take into account not only thechange in the selling prices of anindustry but also the change in theprices of the purchased materials andother intermediate products which itbuys. In effect, the change in buyingprices is netted out from the changein selling prices. If, for instance, theselling prices of an industry increase100 percent, and the increase in buyingprices is larger, the implicit deflatorfor that industry will increase lessthan 100 percent.
With respect to selling prices, weare dealing not only with wholesaleprices in markets for intermediateproducts but also with prices of finalproducts. These include retail prices,construction prices, wholesale pricesin instances in which final purchasesare made in wholesale markets, andspecially developed price measures—such as in the case of the generalgovernment.
10 SURVEY OF CURRENT BUSINESS October 1902
Inasmuch as the prices of interme-diate goods cancel out in the calculationof the overall industry average, theall-industry implicit deflator is in prin-ciple the same as the implicit deflatorfor GNP by type of final expenditure.The latter is an average of final productprice indexes, with weights proportionalto final expenditures on the varioustypes of goods and services.
Most deflators rise
A large part of the postwar increasein current-dollar GNP was the resultof price rises. The implicit deflatorfor GNP as a whole rose from 83(1954=100) in 1947 to about 116 in1961—an increase of about two-fifths—touching a new peak at the end of theperiod.
The post-1947 price movementsoccurred in roughly four phases. Theperiod 1947 to 1951 witnessed steeplyclimbing prices, originating in thepressures of meeting post World War IIdemands and the needs created by theKorean conflict. From 1952 there wasgenerally a mild upward drift inindustry price indexes which lasteduntil 1956 and 1957 when pricesincreased sharply in nearly all indus-tries. Since that time price rises havebeen moderate.
For the entire postwar period, threeindustries showed increases in theirdeflators that were far more than theaverage price change for the entireeconomy—general government, con-tract construction, and services, in
Table 2.—Percent Change in GNP and Ind
that order. (See table 2 and chart.)The size of the increase in the
deflators for these three industries issubject to qualifications. The specialconvention used to measure the realoutput of general government hasalready been mentioned. This con-vention could result in an understate-ment of government output and in anoverstatement of the deflator. Aparallel weakness is implicit in mostof the basic price indexes used todeflate the components of the construc-tion output series. These indexes refer,in general, to the prices of constructionlabor and materials. Deflation of thecurrent-dollar construction figures bythese indexes results in constant-dollarseries that do not reflect increases inconstruction output per unit of input.A number of the service componentshave been calculated using similarmethods and thus might also fail togive full weight to gains in productivity.
The two industries that movedcounter to the general price rise wereagriculture and public utilities. Thewell-known difficulties that beset farm-ing after an unusually prosperousperiod during the war and the earlierpostwar years, depressed the grossproduct price index for agriculturefrom 120 in 1947 to 97 in 1961. Thepublic utilities index was relativelystable, dropping 1 point over thepostwar period. This small declineoccurred despite rate increases duringthese years. The offsetting factor wasthe substantial increase in the volume
ustry Deflators, Selected Periods, 1947-60
\I1 industries total < ( r \ " p !
Vgricuiture, forestry, and f ish<>ricsFarms
ATinins'
Contract construction
A f anul'act urin gDurable goods industriesNondurable goods industries „ _
Wholesale and retail trade
Finance, insurance, and real estateFinance and insurance
Transportation -Railroads - -- -
Communications
Public utilities
Services - -Households and institutions
Qovcrnrnent and government enterprises
1947-60
37.8
-18.7-21.7
37.5
71.5
40.2nana
31.9
55. 759. 5
31.228.0
33.7
-1.1
til. 862. 0
80. 2
1947-51
15.9
6.96.4
29.4
21.1
19.224.913.7
13.2
18.921.9
11.724 2
20. 1
1.9
20. 618.7
18.3
1950-51
„ -
92 .22.8
2.9
5.7
8.06.89.7
11.2
3. 66.3
1.51.8
4.9
2.3
8.36.1
6.7
1955-56
3.4
.9
.8
1.5
6.0
4.15.82.0
3.5
.9-1.2
1.59
.3
2.82.8
3.5
1956-57
3.6
1.82.1
-1.7
5.9
3. 55.4.7
4.6
3.46.9
6.46.6
2.7
1.4
4.53.9
5.6
1957-60
3. 11.8
-1.6
11. 0
2.5nana
5. 4
7.312.3
— .6-4.4
6.4
-.4
7.611.1
16.6
'T.8. Department of Commerce. Otrice of Business Economics.
of electricity and gas consumed percustomer which was made possible bythe tremendous progress in technology.Since the rate schedule provides for adecline in price per unit as volumeincreases, a significant portion of theadditional production was sold atsharply lower prices.
industry moves during price spurts
As is to be expected, the industriesthat exhibited the largest postwarprice rises also showed more-than-average percentage increases in theyears when overall GNP prices in-creased most. The service industryhad above-average increases in eachof these years except 1955-56. Con-struction and government exceededthe average national price rise ineach of these periods except 1950-51;finance, insurance, and real estateshowed the least consistent pattern.
Other industrial groupings, whichhad less spectacular price increases forthe entire postwar period, neverthelesson occasion showed price rises in therecord price change years that ex-ceeded the overall change. Manufac-turing contributed disproportionatelyin the earlier years when the demandfor manufacturing products was par-ticularly insistent. Since 1956, belowaverage increases in the prices ofnondurable goods manufacturing in-dustries offset the larger-than-averagechanges for durable goods. Miningand railroads, like manufacturing, ex-perienced large price rises in the firstpostwar years but not since that time,coincident with a weakening in theirmarket positions. Agriculture, al-though showing a price decline forthe postwar period as a whole, never-theless contributed disproportionatelyto the price increases that occurred inthe earlier years.
Changes in Cost Structure
The new series makes it possibleto examine the cost-profit structureunderlying the industry and overallprice indexes.2
2. The analysis and statistical methods used for this dis-cussion are based primarily upon studies carried out byCharles L. Schultze, appearing in Prices, Costs and Output:1947-67, published by the Committee lor Economic Devel-opment and in various reports of the Joint Economic Com-mittee of Congress. Similar methods were followed in"Corporate Profits Since World War II", Survey of CurrentBiminesis, January 1956, by II. D. Osborne and J. B. Epstein.
Octob SURVEY OF CURRENT BUSINESS 11
As explained earlier, price indexes ordeflators for industries and for thenation as a whole have been calculatedby dividing current-dollar gross product
GROSS NATIONAL PRODUCT IMPLICIT
DEFLATORS, 1947-60
Construction and Most Service-Type IndustriesShowed More-Than-Average Price Rise
1954 =100 (ratio scale)
Government and— Government Enterprises
100
Communications and Most Goods ProducingIndustries Showed Average Rise or Less
100
TOO
100
Mining
Only Agriculture and Public Utilities HadPrice Declines
iAgri., Forestry, & Fisheries
, I I I I I I I I I I l l i 1 1 I
100
1947 49 51 53 55 57 59 61 63
U.S. Department of Commerce, Office of Business Economics 62-10-6
and its major cost and income com-ponents by real gross product. Thisdivision yields, in addition to theindustry implicit price index, the num-ber of points in the total index asso-ciated with the several income and costitems. (See table 3.)
It should be noted that this is onlyan after-the-fact measurement of thenumber of price points associated witha component. The fact that points inthe price index are attributed to acomponent share does not mean thatthey were caused by that share.
If the points calculated for a givencomponent increase over time by alarger percent than for other shares,this indicates that the relative import-ance of that component in the cost-profit structure has increased dispro-portionately. The same conclusionsregarding changes in the cost-profitstructure could be derived from a com-parison of changes in the percent dis-tribution of the income share, capitalconsumption, and business tax com-ponents of gross product. The methodused here, however, has the advantageof rearranging the conventional com-ponents into groupings more directlyrelevant to cost-price analysis and ofcondensing into a single set of numbersthe changes in the costs associated witha change in gross product prices. Thecomponents of gross product are re-shaped into costs and profits per dollarof real output by dividing these com-ponents by the constant-dollar grossproduct.
These quotients can be thought of astracing the prices, costs, and profits perunit of real gross product. For thenation as a whole, such a unit repre-sents one dollar's worth, in base period(1954) prices, of the particular combi-nation of goods and services producedin any given year. For an industrythe interpretation is the same, exceptthat reference is now to the particularcollection of goods represented by thatindustry's sales and purchases. It willbe noted that this is the conventionalmarket basket interpretation of retailprice indexes extended to industriesand to the nation as a whole.
Unit costs increase faster than prices
As can be seen from table 3, whichcontains calculations of the type just
described for the economy as a whole,22 points of the 33 point increase in theGNP deflator between 1947 and 1961were associated with increases in em-ployee compensation, as payroll costsper unit of output rose somewhat morerapidly than GNP prices. Another 6points of the overall price increaseoccurred in allowances for capital con-sumption, where costs per unit doubled,and 4 points in indirect business taxeswhere unit costs increased about 65percent. Net interest per unit of out-put tripled and was associated with 3points of the overall price rise.
The remaining income shares, whichinclude mainly corporate profits andproprietors' income, held level per unitof real output over the period as awhole. Needless to say, the total ofthese incomes increased substantiallyover the postwar period as the realvolume of national production ex-panded.
Sub-periods varied from the patternfor the entire period. Consider, forexample, the events from 1947 to 1951when aggregate output increasedsharply and about 40 percent of thepostwar price rise occurred. In thisinterval, employee compensation perunit of output showed a somewhatsmaller rise than did GNP prices.Capital consumption allowances perunit of output increased substantiallyas heavy new investment in plant andequipment occurred. This new invest-ment reflected prices higher than theprices of the investment goods which itreplaced; this added to the increase indepreciation charges. Net interest alsoincreased disproportionately with theexpanding financial activity that char-acterized the postwar period. Profitsper unit of output also increased atslightly better than the average ratefor prices as a whole.
During the 1951-57 period the econ-omy continued to move forward thoughat a somewhat slower rate than in theearlier years of the postwar period, andthe average increase in overall priceswas slower. In this period capital con-sumption allowances per unit of outputcontinued to increase at a much fasterpace than unit prices, with liberalizeddepreciation allowances an importantadditional factor in the increase. Inter-est costs per unit of output also con-
12 SURVEY OF CURRENT BUSINESS October 1902
Table 3.—GNP Implicit Price Deflator (1954 = 100) and Unit Costs and Profits, SelectedPeriods, 1947-61
in contrast, the points of the priceincrease associated with profits werelarge.
These cost-profit patterns per unit ofoutput reflect mainly the behavior ofthe various types of costs in responseto cyclical changes in the volume ofoutput. In recessions, when total out-put shrinks, fixed costs—-such as capitalconsumption allowances, interest, andsome indirect business taxes—-arespread over a smaller total volume ofproduction, and the cost of these itemsper unit of output rises. Wages andsalaries are more flexible in response tooutput changes, but they also includea relatively stable element, and labor
tinned their sharp rise. In contrast to pointed to the resistance of prices to costs per unit of Qutput tend to rige
the earlier postwar experience, the the downward pressure of recession production at less than optimum levelspercentage increase in unit labor costs periods. In the postwar years, the of efficiency may aiso be a factor in the
was considerably larger than in the total price level has usually increased in increase of unit labor costs in business
Employee compensation .._Vet interest -
Capital consumption allowancesIndirect business taxes
Profit-type income- _
GNP implicit price deflator _ . _ .
1947
45.61.3
4.66.8
23.3
83.0
1951
52.81.8
6.47.8
27.1
96.2
1957
62.53.3
9.29.8
23.7
108.4
1961
67.54.5
10. 111.2
23.2
115.8
Average annual percent change
1947-51
3.78.5
8.63.5
3.9
3.8
1951-57
2.910.6
6.23.9
-2.3
2.0
1957-61
2.08.1
2 43^4
-.5
1.7
1947-61
2.89.3
5.83.6
0
2.4
NOTE.—Employee compensation consists of wages, salaries, and supplements.Net interest is net interest component of national income.Capital consumption allowances consists of depreciation, capital outlays charged to current expense, and accidental damage
to fixed business property.Indirect business taxes consists of indirect business tax and nontax liability and business transfer payments.Profit-type income consists of corporate profits after inventory valuation adjustment, proprietors' income, rental income
of persons, and surplus of government enterprises, less subsidies.
Source: U.S. Department of Commerce, Office of Business Economics.
price of final output. Profits per unit downturns; in 1949, there was a barelyof output shrank, although aggregate measurable drop. Following widely
downturns. These several factorsmaking for an increase in unit costs are
profits continued to increase with the recognized patterns, in each recession reflected in a corresponding reductionof profit margins. Aggregate profitsrise in total production. year the additional price points were
From 1957 to 1961 the expansion of associated principally with employee decline even more, of course, as a resultaggregate output was small and overall compensation and allowances for capital of the shrinkage in sales volumes.
consumption, while profit margins de-In the first years of recoverv.
prices rose, but more slowly than in thepreceding period. Employee coinpen- dined,sat ion and capital consumption allow-ances per unit of output rose onlymoderately faster than GNP prices.Unit interest costs continued theirabove-average increases. Profits perunit of output tended downward onlyvery slightly.
This discussion of the cost-pricestructure refers to the economy as awhole; indicated changes reflect in partshifts in the form of legal organiza-tion—i.e., shifts among corporations,unincorporated business, households,and government-—rather than beingconfined to changes in the cost struc-ture of each of these segments. Withparticular reference to the importantcorporate sector, it may be noted thatin the initial period, 1947-51, unitprofits increased more pronouncedly inrelation to employee compensation thanfor the economy as a whole. Also, inthe last few years, profit margins perunit of corporate output remainedstable whereas there was a slight furtherweakening in all forms of profit--cor-porate and noncorporate—per unit oftotal real GNP.
The discussion earlier in this article
All these factors are reversed in theensuing business upturn. Fixed or
Table 4.—Gross Product iri Constant Dollars, by Industry[Billions of 1954 dollars]
All industr ies, total(GNP)
Agriculture, forestry, and fish-eries. - - - - - -
Farms
Mining _ _ -
Contract construction. . - -
ManufacturingDurable goods industriesNondurable goods indus-
tries
Wholesale and retail trade
Finance, insurance, and realestate
Finance and insurance
TransportationR-iilroads
Communications
Public utilities
ServicesHouseholds and institu-
tions
Government and governmententerprises
General government
Rest of the world
Residual }
1947
282 3
17. 716 9
8.5
12.2
83. 144.8
38.3
53.7
30.77.9
17.39.7
4 2
4.2
28. 5
8.2
26. 122.8
1. 1
—5. 1
1948
293. 1
20.119.3
8.9
13.4
86.046.3
39.7
54.5
32.38.5
17. 19.4
4 7
4.7
29.4
8.7
26.622.8
1.2
— 5.9
1949
292.7
19.218.3
7.9
13.7
81.942.5
39.5
54.7
34.58.9
15.57. 4
4.8
5.0
29.5
9.2
27.923.9
1.3
-3.3
1950
318. 1
20.219.3
8.8
14.9
92. 651.3
41.3
61.3
36.79.6
18.08.7
5.0
5.8
31.0
10.1
28.824.8
1.4
-6.3
1951
341.8
18.918.1
9.7
17.0
102.058.9
43.1
61.4
38.810.3
20.29.6
5.4
6.6
31.3
10.3
34.830.8
1.3
-5.5
1952
353. 5
19.718.8
9.6
17.1
105.060.5
44.5
63.2
39. 510.6
19.19.0
5.8
7.1
32.0
10.4
37.233.2
1.3
-3.0
1953
369. 0
20.419.5
9.9
17.2
111.966.1
45.9
65. 7
40.110.9
19.08.8
6.0
33.3
11.1
37.032.8
1.4
-.4
1954
363.1
21.320.3
9.6
17.3
103.859.6
44.2
65.0
41.311.8
18.08. 1
6.5
8.3
33.9
11.3
36.632.3
1.6
0
1955
392.7
22.321.4
10.6
18.6
116.767.9
48.7
70.8
43.912.9
20.39.3
7.3
9.4
35.8
12.5
36.632.2
1.8
-1.3
1956
400.9
21.920.9
11.2
19.5
116.466.5
49.8
72.5
45.713.7
21.09.7
7.9
10.4
38.2
13.5
37.232.7
2.0
-3.0
1957
408. 6
21.520.6
11.2
19.2
117.866.7
51.1
72.5
48.414.0
20.79.1
8.4
11.1
39.5
14.1
37.933.2
2. 2
-1.7
1958
401. 3
21.820.9
10.2
18.4
110.558.3
52.2
71.3
50.014.4
19.38.3
8.6
11.6
40.5
14.5
38.133.4
2.2
-1.1
1959
428. 6
21.720.8
10.6
19. 6
123. 1na
na
76.9
52.515.3
21.18.6
9.2
12.9
42.5
15.1
38.733.8
2.3
-2.5
1960
440.2
22.721.8
10.8
18.8
125. 5na
na
78. G
54.716.0
21.48.6
9.8
13.8
44.9
16.1
39.734.7
2.3
-2.4
1. Represents GNP measured as sum of final products minus real GNP measured as sum of industry products. Doesnot include the statistical discrepancy, as shown in the hitherto published GNP accounts, since industry real product has beencalculated usin^ industry totals adjusted to include a proportional share of the discrepancy.
Source: U.S. Department of Commerce, Office of Business Economics.
October HMKi SURVEY OF CURRENT BUSINESS 13
Table 5.—Indexes of Gross Product in Constant (1954) Dollars, by Industry
[Index numbers, 1954 = 100]
All industries, total(GNP) . ...
Agriculture, forestry, and fish-cries
Farms
Mining
Contract construction
ManufacturingDurable goods industries. _ _Nondurable goods indus-
tries
Wholesale and retail trade
Finance, insurance, and realestate
Finance and insurance
TransportationRailroads
Communications _
Public utilities
ServicesHouseholds and institu-
tions
Government and governmententerprises
General government .__ _
Rest of the world
1947
77.7
83. 183.3
88.5
70.5
80.175.2
86.6
82.6
74.366.9
96.1119.8
64.6
50.6
84.1
72.6
71.370.6
68.8
1948
80.7
94.495.1
92.7
77.5
82.977.7
89.8
83.8
78.272.0
95.0116.0
72.3
56.6
86.7
77.0
72.770.6
75.0
1949
80.6
90.190. 1
82. 3
79.2
78.971.3
89.4
84.2
83.575.4
86.191.4
73.8
60.2
87.0
81.4
76.274.0
81.3
1950
87.6
94.895.1
91.7
86.1
89.286.1
93.4
94.3
88.981.4
100.0107.4
76.9
69.9
91.4
89.4
78.776.8
87.5
1951
94.1
88.789.2
101.0
98.3
98.398.8
97.5
94.5
93.987.3
112.2118.5
83.1
79.5
92.3
91.2
95.195.4
81.3
1952
97.4
92.592.6
100.0
98.8
101.2101.5
100.7
97.2
95.689.8
106.1111.1
89.2
85.5
94.4
92.0
101.6102.8
81.3
1953
101.6
95.896.1
103.1
99.4
107.8110.9
103.8
101.1
97.192.4
105.6108.6
92.3
92.8
98.2
98.2
101.1101. 5
87.5
1954
100.0
100.0100.0
100.0
100.0
100. 0100.0
100.0
100.0
100. 0100.0
100.0100.0
100.0
100.0
100.0
100.0
100.0100.0
100.0
1955
108.2
104. 7105.4
110.4
107. 5
112.4113.9
110.2
108.9
106 3109.3
112.8114.8
112.3
113.3
105. 6
110.6
100.099.7
112. 5
1956
110.4
102.8103.0
116.7
112.7
112.1111.6
112. 7
111.5
110 7116. 1
116. 7119.8
121. 5
125 3
112.7
119.5
101.6101.2
125 0
1957
112.5
100.9101.5
116.7
111.0
113. 5111.9
115. 6
111.5
117.2118.6
115.0112.3
129.2
133.7
116.5
124.8
103. 6102.8
137.5
1958
110.5
102.3103. 0
106.3
106.4
106.597.8
118.1
109.7
121 1122.0
107.2102.5
132.3
139.8
119. 5
128. 3
104.1103.4
137 5
1959
118.0
101. 9102. 5
110.4
113.3
118.6n a
na
118.3
127.1129.7
117.2106.2
141.5
155.4
125.4
133 6
105. 7104. 6
143 8
1960
121.2
106.6107.4
112. 5
108. 7
120.9na
na
120. 0
132 4135 6
118 9106 2
150 8
166 3
132 4
142 5
108. 5107.4
143 8
Source: U.S. Department of Commerce, Office of Business Economics.
relatively fixed costs are spread overlarger volumes of output, and unit costscan be reduced as a result of improvedefficiency. Profit margins rise, andaggregate profits increase sharply assales volumes expand.
MANUFACTURING OUTPUT:
Real Gross National Product and FRB Indexes,1947-60
Index, 1954 =100
Diversity of cost-price structure
Focusing on the individual industriesfor the 1947-60 period, capital con-sumption charges per unit of outputgenerally increased more rapidly thangross product prices. The extreme ex-ample is mining, where 22 points of the28 point increase in the price index wereassociated with capital consumption.(See table 7.)
With respect to the relative role ofemployee compensation and profit-typeincomes in cost-price developments,there appears to have been a tendencyfor profit margins to be maintainedrelatively better in the more rapidlygrowing industries. As previouslynoted, the industries with the mostrapid growth in real output includedfinance and insurance, communications,and public utilities. In finance andinsurance and communications, whereprices rose over the postwar period, thepercent increase in unit labor costs wasless than that in profit margins. Inpublic utilities the implicit deflator de-clined over the postwar period, butwith rapid technological advance theunit cost of employee compensationdropped so sharply that profits perunit of output increased slightly.
In manufacturing, whose growth rateduring the postwar period was aboutaverage, unit payroll costs increasedmore rapidly than the industry pricedeflator. The rise in unit profits wassubstantially less.
In trade and transportation the pricerise was associated predominantly withcompensation of employees; these unitcosts increased far more than the in-dustry price index. Correspondingly,profit margins were reduced. Aggre-gate profits—corporate plus noncorpo-rate—in these industry groups changedlittle over the postwar years as a whole.
130
120
110
100
90
80
70 I I I I I I i I I I I 1 I I I
AppendixConcepts and Methods
1948 50 52 54 56 58 60 62Data: FRB & QBE
U,S. Department of Commerce, Office of Business Economics 62-10-7
THE national output total can be ob-tained via several routes, following theexplanation in the 1954 NATIONALINCOME, a supplement to the SUR-VEY OF CURRENT BUSINESS. Up tothe present, two methods have servedas the foundation for arriving at thegross national product. Briefly, oneprovides for compiling the value of thefinal purchases made by (or, conversely,final sales made to) persons, govern-ment, business investors, and foreigntrade, plus the change in business in-
ventories. Under the other method,the returns to the factors of production(wages, profits, rent, etc.) are added tothe non-factor charges (indirect busi-ness taxes, depreciation, etc.) to arriveat the same output total.
A third approach, which is used inthis study, emphasizes the industrialorigin of the gross product. It restson the fact that the gross nationalproduct is equal to the sum of eachindustry's gross product.
Product originating in an industry isthe contribution of that industry's ac-
Table 6.—Gross Product in Current Dollars, by Industry
[Billions of dollars]
19471948194919501951195219531954195,5195619571958.. ... .19591960
19471948194919501951195219531954195519561957195819591960
19471948194919501951...195919531954195519561957195819591960
19471948194919501951195219531954_.195519561957J9581959I960
19471948194919501951 . _1952195319641-9551956 _19571958 .1-959 .B960
1947 _1948.. _1949195019511952 ..19531954195519561957 _ _J958 . _1959i860
All industries, total (GNP)
Total(GNP)
234. 3259.4258. 1284.6329.0347.0365.4363. 1397.5419 2442.8444.5482.7503. 4
Em-ployee
compen-sation
128.8141.0140.8154. 2180. 3195.0208.8207.6223.9242 5255. 5257.1278. 5293. 7
Netinterest
3.84.24.85.56.37.18.29.1
10.411.713.414.816.418. 1
Capitalcon-
sump-tion
allow-ances
13.015. 517.319.122.024.026.528.832.034.437.438.641.043.3
Indirectbusiness
taxes
19.321.122.424.626.629.331.631.434.337.340.041.144.748.6
Profit -type
income
65. 978.572.282.092.590.289.085.395.995.797.094.3
105. 1103. 2
Mining
6.38.17.08.29.39.19.59.6
11.011.811.610.510.611.0
3.13 53.13.43.94.04.13.74. 14.5
1:14.24.3
(*)(*)(*)(*)(*)(*)(*)(*)(*)(*)(*)(*)
0. 1. 1
1.21.61.72.02.32.52.83.13.53.73.73.53.63.9
0.3.4.4.5.5.6. 7.8
1.01.01.01.01. 11.2
1.6
1.72.32 5I 91.91.82.4
2.41.81.71.6
Durable goods industries
33.737.636. 545.155.358 265. 059. 669.371.875.967.8
nana
25.127.525.429.937.441.346.843.248.252.454.950.9
nana
(*)(*)(*)
0.1-.1
(*)(*)(*)(*)'
.2nana
1.31.61.71.82.22.63.23.64.04.34.84.9nana
1.31.61.71.92.42.53.02.73.43.43.73.3nana
5.37. 27.8
11.713.111.611.810.013. 612.212.68.9nana
Finance, insurance, and real estate
22 124.727.930.333.235.938.941.344.046.250.653.757.961.3
5.35.66.26.87 38.08.79.5
10.411.111.913.013.9
\:l1.82.02.42.63.03.54.14.55.26.07.07.6
2.83.13.43.74.14.34.85.25.76.26.8
7.98.5
3.74.14.54.95.35.86.26.77.28.08.69.19.9
10.8
8.810.712.613.614.415.616. 617.117.317.418.819.620.421.0
Railroads
7.48.17.48.19.19.49.48.18.99.39.38.58.58.4
5.45.85.45.66.46.56.55.96.16.66.66.16.26.1
0.3.3.3
1:l.3.3
:1:l.3
0.4.4.4.4.6.7.8.9
1.01.01.01.0.9.9
0.6.6.6.6
'.7.8. 7. 7.8.9.8.7. 7
0.61.0.7
1.21.11.21.0.4.7.8.6.4.4.3
Services
21.322.923.925. 8
; 28.230.332,733.9
- 37.541.144.4
: 46.5! 50.9; 54.3
11.712.613.013.815.116.217.318.019.621.723.424.827.029.5
1.01.41.72.12.42.73.43.64.24.85.35.56.06.7
1.11.31.51.51.71.92.02.32.32.62.93.13.33.5
0.9Q
.91.01.01.11.21.11.11.31.31.51.61.7
6.36.96.97.47.88 28.88.8
10.211.011.511.813.313.3
Agriculture, forestry, and fisheries
Total
21.324.419.991 224! 323.621.821.320. 620.420.422.521 922. 2
Em-ployee
compen-sation
3.13.4
3^63.23. 23.23.2
3! 33.43.53.63.7
Netinterest
0.3.4.4. 55
.66
.6
.7
. 7
.8
.91.01.1
Capitalcon-
sump-tion
allow-ances
1.62.02.42.73.23.33.43.53.63.63.83.94 24.2
Indirectbusiness
taxes
0.7.7.8.8.9
1.01.0.0
1.1.12
!3.3.4
Profit-type
income
15.618.013.114.216. 515.513. 512.912. 011.611.313.011.111.9
Contract construction
9.011.111.212.615.216.517. 117.318.921.021.921.623.423.8
6.17.47.38.3
10.411.311.812. 012.914.414.914.916.216.7
8(*)(*)(*)(*)(*)(*)(*)(*)
0.1.1. 1
(*)
0.3.4.5.6.7.7.8.8
1.01.11.21.21.31.4
0.2.1.2.3.3.3.4.4.5.5.6.6
!s
2.33.13.23.53.84.14.14.04.45.05.34.95.35.1
Nondurable goods industries
32.935.534.236.842.143.345.444.249.451. 553. 253. 0
nana
19. 421.120.822.625.026. 128.027.929.831.733.032.8
nana
(*)(*)(*)(*)(*)(*')(*)
0.1(*) . 1
.1
.2nana
1.31.51.71.82.12.32.62.93.53.74.14.3nana
4.84.94.95.35.26.46.56.06.67.17.57.6nana
6.78.16.87 29'. 68.47.97 99.49.38.68.4nana
Finance and insurance
5.66.37.67.88.99.9
11.111.812.312.914.115.317.018.1
3.84.24.55.05.56. 16.77.37.98.79.4
10.111.111.9
-0.3-.7-.7-.9-.9
-1.1-1.1-1.3-1.4-1.7-1.9-2.0-2.2-2.6
0.1.2.2.2.3.3.3.4.4
. 6
. 6
0.4.4.5.5.6.7.7.8.8.9
1.01.01.11.2
1.52.23.02.93.43.84.44.54.64.75.25.66.57.1
Communications
3.33.74.04.55.15.76.36.57.07.68.38.89.7
10.3
2.02.32.42.52.83.13.43.53.84.24.44.44.64.9
0.1.1.1.1.1.1.1.1.1.2.22
.'3
.3
0.3.4.4.4.5.5.6.6.7.7.8.9
1.01.1
0.6. 7.7.8.9
1.01.1.9.8.9
1.01.11.21.3
0.3.3.4.7.9
1.01.21.21.61.61.82.22.62.8
Households and institutions
6.16.97. 48.49.19.8
10.911.312.714.115.316.317.519.4
5.15.65.86.36.87.17.67.78.69.3
10.110.911.712.8
1.01.31.62 12.32.73.33.64.14.85.25.45.86.6
Farms
Total
20.723.819. 320.523. 622.820.920.319.619.319.421. 320.020.9
Em-ployee
compen-sation
2.83.0.9
!s.8.8
'.82.93.03.0
Netinterest
0.3
!4.5.5.6.6.6
's.9
1.01.1
Capitalcon-
sump-tion
allow-ances
1.62.0
'A3:!3.33.43.53.63.63.73.84.04.0
Indirect j Profit-business! type
taxes income
0.6 i 15. <.7 i 17.;.8 12.1.8 13.1.9 ; i6.i.9 i 15.1. 9 13. 1
1.0 12. .!1.0 11. (1. 1 11. i1.1 HU1.2 12. f1.2 10.£1.3 11.4
Manufacturing
66. 673.170.881.997.4
101. 5110. 5103. 8118.7123. 3129.1120.8137. 1140.9
44.548.646.152.562.467.474.871.178.084.187.983.792.996.3
(*)(*)(*)-0.1-.1
(*)(*)
.1(*)(*)
2'.32
'.2
2 63.03.33.74.34.95.86.47.58.08.99.29.6
10.1
6.16.56.67.27.68.79.58.89.9
10.511.210.912.013. 2
12. 115. 314. e18. i2i> 720: c19. i17. 223. C21. '21. '117. i23. r
Wholesale and retail trade
46.550.950. 554.060.262.464.465.070.975.178.679.186. 389.1
23.626.126.428.331.233. 035. 136.138.641.944.245.048.651.8
(*)(*)(*)(*)
0.1.1
(*)
'.I.1222
.1
1.61.92.32.52.83.13.33.43.64.14.64.54.85.0
5.35.96.27.07.68.38.99.09.8
10.911.812.213.414.7
15.217.215.416.418. 117. 716. 716.218. (i18.618.017.620. 018.2
Transportation
13.814.914.415.818.018.719.418.019.820.821.820.921.922.4
9.710.39.9
10.412.012.513.112.513.214.315.014.415.415.9
0.3.3.3.3.3.3.3.3.4.3.4.4.4.5
1.01.11.21.31.51.71.92.02.32.42.72.72.83.0
1.11.21.31.31.51.61.71.61.81.92.12.01.81.9
1.52. 11.72.52.62. 52.31.52.02. 11. 71.41. 71. 4
Public utilities
4.04.45.15.56.46.97.68.39.09.7
10.511.112.113.0
1.61.82.02.12.32.52.82.93.13.33.53.84.04.2
0.3.3.3.3.4.4.5.6.6.7.8.9
1.01.1
0.6.6.7.8.9
1.01.11.41.71.92.12.32.52.7
0.6
;i.9.8.9
1.01.11.21.31.41.61.7
.0
.1
.4
. 5
.92.12.32.42. 62.72.72.73.23.5
Government and government enterprises
19.3 ••20.122.323.630 435.036.136.638.2 '40.243.3 i46.7 i49.4 !52,9 !
18.619.721.923.530 234.535.335.937.840.443.246.649.052.5
_ . :
0. 6. 5. 4.2. 1.5.8
'.4-.2
.2
.1
.5
.4
October 1002 SURVEY OF CURRENT BUSINESS 15
Table 6.—Gross Product in Current Dollars, by Industry-(Billions of dollars)
Continued
1947194819491950195119521953
195419551956 ..1957195819591960
General government
Total
16.717.419.420.827.331.031.8
32.334.036. 438.942.044.147.3
Em-ployeecom-pen-
sation
16.717.419.420.827.331.031.8
32.334.036.438.942 044.147.3
Netinterest
Capitalcon-
sump-tion al-
lowances
Indirectbusiness
taxes
Profit-type
income
Rest of the world
Total
0.81.01.0.2.4.3.3
.6
.8
.02.22.12.22.3
Em-ployeecom-pen-
sation
(*)
<(•!(*)(*)
8(*)(*)(*)(*)(*)(*)(*)
Netinterest
0.1. 1.2.2
'.22
2'.22
.3
.3
.4
.4
Capitalcon-
sump-tion al-
lowances
Indirectbusiness
taxes
Profit-type
income
0. 7.8.8
1.01.21.11.1
1.41.61.81.91.81.81.9
NOTE.—Total GNP includes the statistical discrepancy. Proportional amounts of the discrepancy are also includedin the total gross product of each industry. The statistical discrepancy is not distributed among the gross product com-ponents and consequently the components will not add to the total. The statistical discrepancy included in total GNPis as follows, in billions of dollars: 1947, $3.5; 1948, -$0.8; 1949, $0.5; 1950, -$0.7; 1951, $1.2; 1952. $1.4; 1953, $1 3" 1954 $0 9'1955, $1.0; 1956, -$2.4; 1957, -$0.6; 1958, -$1.5; 1959, -$3.0; 1960, -$3.4.
Employee compensation consists of wages, salaries, and supplements.Net interest is net interest component of national income.Capital consumption allowances consist of depreciation, capital outlays charged to current expense, and accidental damage
to fixed business property.Indirect business taxes consist of indirect business tax and nontax liability and business transfer payments.Profit-type income consists of corporate profits after inventory valuation adjustment, proprietors' income, rental income
of persons, and surplus of government enterprises, less subsidies.Capital consumption allowances and profits by industry differ somewhat from the hitherto published figures because
these two items have been reallocated by industry from a company to an establishment basis."Less than $50 million.
Source: U.S. Department of Commerce, Office of Business Economics.
tivity to the Nation's total output ofgoods and services, as encompassedwithin the framework of the nationalincome and product accounts.
Industry gross product
Industry gross product can be meas-ured as the amount by which an indus-try's total product exceeds the value ofthe materials and services it buys oncurrent account. As in the case ofGNP for the economy as a whole, in-dustry gross product can also be calcu-lated as the sum of the factor returnsand non-factor costs of production.
Gross product at factor cost and atmarket price
Under the definitions used for theU.S. national accounts and for thisstudy, gross product originating in anindustry is measured at its marketvalue rather than at "factor" cost.That is, indirect business taxes (excisetax, property tax, sale tax, etc.) areincluded in the value of industry prod-uct and direct government subsidiesare subtracted. On a "factor" cost-basis, these taxes would not have beenadded and subsidies would not havebeen subtracted. Since the marketprice basis is used, the estimates of
industry gross product are consistentwith the regularly published GNP totals,Consequently, the analysis of the totalin terms of its industrial source is facil-itated. In addition, the market pricebasis is preferred since most of the dataavailable are of this type.3
The effect of including indirect busi-ness taxes and subsidies increases theweight for the industries paying the taxand reduces it for those receiving sub-sidy. The amounts involved are, ingeneral, small enough so that the dif-ferences in weights have little effect onaggregated indexes.
Gross product in constant dollars
Isolation of price movements in anindustry's gross product brings intoview the underlying shifts in real grossproduct. For many analytical pur-poses, gross product in real terms is thecentral issue and it is essential to trans-form the current-dollar totals accord-ingly.
The gross product of an industrymeasured from the income side is notdirectly convertible to constant dollarsbecause its components, employee com-
3. In converting gross product at factor cost to constantdollars, it is essential to know not only the taxes paid bythe given industry, but also those which are incorporatedin its intermediate purchases. Such data are not available.
pensation, interest, profits, deprecia-tion, etc. are not factorable into quan-tity and unit price suitable for thispurpose. Gross product can be adjustedindirectly for price changes, however,by deflating output and purchases,separately. Both the output and thepurchases consist of specifiable goodsand services which can be analyzed intoquantity and price. The differencebetween the two deflated figures is grossproduct in constant dollars. Thismethod is known as the " doubledeflation" method. With modifica-tions, it provided the basis for derivingthe real product measures used in thisstudy for farms, construction, manu-facturing, the major portions of financeand insurance, electric utilities, andrailroads.
The array of data required for doubledeflation was not available for the otherindustrial activities. In these casesthe method was approximated byextrapolating the base year gross prod-uct by an index of the quantity of totaloutput—i.e.,sales plus inventory changebefore deduction of purchases of rawmaterials and other intermediateproducts.
With the availability of industrygross product in current and constantprices, it is possible to calculate implicitdeflators for each industry. This isdone by dividing the constant-dollartotal into the current-dollar total.These implicit deflators can generallybe used like a price index of the outputproduced by the economic resourcesengaged in an industry. In using themcertain of their technical characteristicsought to be kept in mind. In the firstplace, they are unlike ordinary priceindexes in that they are subject tochange not only in response to pricemovements, but also in response tochanges in the mix among productswith different prices. This charac-teristic is also true of the GNP pricesby final purchasers. In addition, theunits to which these implicit deflatorsrefer are more elusive than those under-lying the ordinary price indexes re-ferring to goods and services. Theseimplicit deflator indexes measure thepercent that the gross product—salesminus purchases—of an industry in agiven period is compared to the grossproduct which the same composite of
Table 7.—Implicit Price Deflators of Gross Product and Component Costs and Profit per L nit of Gross Product in Constant (1954) Dollars,by Industry
[Index numbers, 1954 = 100]
1947194819491950195119521953195419551956 _ _ __1957195819591960 _ _ -
19471948194919501951195219531954195519561957195819591960
19471948194919501951195219531954 _ _ __19551956 - .1957195819591960
194719481949 _ _ _19501951195219531954195519561957195819591960
19471948 _ .- _ -194919501951195219531954195519561957 _ _19581959I960
1947194819491950195119521953195419551956195719581959I960.
All industries total (GNP)
GNPmplicitprice
leflator
83.088.588.289.596.298.199.0
100. 0101.2104.6108.4110.8112.6114.4
Em- !ployeecom-
pensa-tion
45.648.148.148.552.855.256.657.257.060.562.564.165.066.7
Net in-terest
1.31,.41.61.71.82.02.22.52.62.93.33.73.84.1
Capitalcon -
sump-tion
allow-ances
4.65.35.96.06.46.87.27.98.18.69.29.69.69.8
Indirectbusi-nesstaxes
6.87.27.77.77.88.38.68.68.79.39.8
10.210.411.0
Profit -type
income
23.326. 824.725.827.125.524.123.524.423.923.723.524.523.4
Mining
74.191.088.693.295 994.896.0
100. 0103. 8105. 4103.6102. 9100. 0101.9
36.539.339.238.640.241.741.438.538.740.242.041.239.639.8
(*)<*)(*)(*)(*)(*)(*)(*)
88
.9
.9
14.118.021.522.723.726.028.332.333.033.033.034.334.036.1
3.54.55.15.75.26.37. 18.39.48.98.99.8
10.411.1
18.828.121.526.125.819.819.218.822. 623.221.417.616.014.8
Durable goods industries
75 281.285.987.993.996.298.3
100.0102.1108.0113.8116.3
nana
56.059.459.858.363.568.370.872.571.078.882.387.3
nana
(*)(*)(*)
. 2-'.2
(*)
?1(*)'!'.3nana
2.93.54.03.53.74.34.86.05.96.57.28.4nana
2.93.54.03.74.04.14.54.55.05.15.55.7nana
11.815.618.422.822.219.217.916.820.018.318.915.3
nana
Finance, insurance and real estate
72.076.580.982.685.690.997.0
100.0100. 2101.1104.5107. 4110.3112.1
15.316.416.216.917.518.520.021.121.622.822.923.824.825.4
5.55.05.25.46.26.67.58.59.39.8
10.712.013.313.9
9.19.69.9
10.110.610.912.012.613.013.614.014.615.015. 5
12.112.713.013.413.714.715.516.216.417.517.818.218.919.7
28.733.136.537.137.139.541.441.439.438.138.839.238.938.4
Railroads
76.386.2
100.093.194.8
104.4106.8100.095.795.9
102.2102.498.897.7
55.761.773.064.466.772.273.972.865.668.072.573.572.170.9
3.13.24.13.43.13.33.43.73.23.13.33.63.53.5
4.14.35.44.66.37.89.1
11.110.810.311.012.010.510.5
6.26.48.16.97.37.89.18.67.58.29.99.68.18.1
6.210.69.5
13.811.513.311.44.97.58.26.64.84.73.5
Services
74.777.981.083.290.194.798.2
100.0104.7107.6112.4114.8119.8120.9
41.142.944.144.548.250.652.053.154.756.859.261.263.565.7
3.54.85.86.87.78.4
10.210.611.712.613.413.614.114.9
3.94.45.14.85.45.96.06.86.46.87.37.77.87.8
3.23.13.13.23.23.43.63.23.13.43.33.73. 83.8
22.123.523.423.924.925.626.426.028.528.829.129.131.329.6
Agriculture, forestry, and fisheries
Im-plicit Iprice
deflator
120.3121.4103. 6105. 0128. 6119. 8106. 9100. 092.493.294.9
103. 297.797.8
I m-pl >yeec >m-icnsa- !tion
17.516.916.714.916.916.215.715.014.315. 115.816.116.616.3
Net in-terest
1.72.02.12.52.63.02.92.83.13.23.74.14.64.8
Cap i t a lcon-
sump-tion
allow-ances
9.010.012.513.416.916.816.716.416.116.417.717.919.418.5
Indirectbusi-nesstaxes
4.03.54.24.04.85.14.94.74.95.05.66.05.96.2
Profit-type
income
88.189. 668.270.387.378. 766.260.653. 853.052.659.651. 252.4
Contract construction
73.882.881.884.689.496.599.4
100. 0101. 6107.7114.1117.4119.4126. 6
50.055.253.355.761.266.168. 669.469.473.877.681.082.788.8
(*)(*)(*)(*)(*)(*)(*)(*)(*)(*)
.5
.5
.5(*)
2.53.03.64.04.14.14.74.65.45.66.36.56.67.4
1.6.7
1.52.01.81.82.32.32.72.63.13.33.64.3
18.923.123.423.522.424.023.823. 123.725.627.626.627.027.1
Nondurable goods industries
85.989.486.689.197.797.398.9
100. 0101.4103.4104. 1101.5
nana
50.753.152.754.758.058.761.063.161.263.764.662.8
nana
(*)(*)(*)(*)(*)(*)(*\2(*)
.2
.2
.4nana
3.43.84.34.44.95.25.76.67.27.48.08.2nana
12, 512.312.412.812.114.414.213.613.614.314.714.6
nana
17.520.417.217.422.318.917.216.319.318.716.816.1
nana
Finance and insurance
70.974.185.481.286.493. 4
101.8100.095.394.2
100.7106. 3111.1113. 1
48.149.450.652.153.457.561.561.961.263.567.170. 172.574.4
-3.8-8.2-7.9-9.4-8.7
-10.4-10.1—11.0-10.9-12.4-13.6-13.9-14.4-16.3
1.32.42.22.12.92.82.83.43.12.93.64.23.94.4
5.14.75.65.25.86.66.46.86.26.67.16.97.27.5
19.025.933.730.233.035.840.438.135.734.337.138.942.544.4
Communications
78.678.783.390.094.498.3
105.0100.095.996.298.8
102.3105. 4105. 1
47.648.950.050.051.953.456.753.852.153.252.451.250.050.0
2.42.12.12.01.91.71.71.51.42.52.42.33.33.1
7.18.58.38.09.38.6
10.09.29.68.99.5
10.510.911.2
14.314.914.616.016.717.218.313.811.011.411.912.813.013.3
7.16.48.3
14.016.717.220.018.521.920.321.425.628.328.6
Households and institutions
74.479.380.483.288.394.298.2
100.0101.6104.4108.5112.4115.9120.5
62.264.463.062.466.068.368.568.168.868.971.675.277.579.5
12 214.917.420.822.326.029.731.932.835.636.937.238.441.0
Farms
Im-plicitprice
deflator
122. 5123.3105. 5106. 2130.4121.3107.2100. 091.692.394.2
101.996.295.9
Em-ployeecom-
pensa-tion
16.615.515.814.015.514.914.413.312.612.913.613.914.413.8
Net in-terest
1.82.12.22.62.83.23.13.03.33.33.94.34.85.0
Capitalcon-
sump-tion
allow-ances
9.510.413.114.017.117.617.417.216.817.218.018.219.218.3
Indirect ,busi-nesstaxes
3.63.64.44.15.04.84.64.94.75.35.35.75.86.0
Pro fi t -t \ pe
income
91. 191.770. 572.089. 580.967.261.654. 253. 652.960.351. 952.3
Manufacturing
80.185.086.488.495.596.798.7
100. 0101.7105.9109. 6109. 3111.4112.3
53.556.556.356.761.264.266.868.566.872.374.675. 775.576.7
(*)(*)(*)
-!i(*)(*) .1(*)(*)
.2
.3
.2
3.13.54.04.04.24.75.26.26.46.97.68.37.88.0
7.37. 68.17.87.58.38.58.58.59.09.59.99.7
10.5
14.617.817. 820.422.319.017.816. 619.718. 518.015.619.117.7
Wholesale and retail trade
86.693.492.388.198.098.798.0
100.0100.1103.6108.4110.9112.2114.2
43.947.948.346.250.852.253.455.554.557.861.063.163.266.4
(*)(*)(*)(>).2
.2(*)
.2
.1
.1
.3
.3
.3
.1
3.03.54.24.14.64.95.05.25.15.76.36.36.26.4
9.910.811.311.412.413.113.513.813.815.016.317.117.418.8
28.331.628.226.829. 528.025.424.926.325.724.824.726.023.3
Transportation
79.887.192.987.889.197.9
102.1100.097.599.0
105.3108. 3103.8104.7
56.160.263.957.859.465.468.969.465.068.172.574.673.074.3
1.71.81.91.71.51.61.61.72.01.41.92.11.92.3
5.86.47.77.27.48.9
10.011. 111.311.413.014.013.314.0
6.47.08.47.27.48.48.98.98.99.0
10.110.48.58.9
8.712.311.013.912.913. 112. 18.39.9
10.08.27.38. 16. 5
Public utilities
95.293.6
102.094.897.097.298.7
100.095.793.394.695.793.894.2
38.138.340.036.234.835.236.434.933.031.731.532.831.030.4
7.16.46.05.26.15.66.57.26.46.77.27.87.88.0
14.312.814.013.813.614.114.316.918.118.318.919.819.419.6
14.314.914.013.813.611.311.712.011.711.511.712.112.412.3
23.823.428.025.928.829.629.928.927.726.024.323.324.825.4
Government and government enterprises
73 975.679.981.987.494.197.6
100.0104.4108.1114.2122.6127.6133.2
71 374.178.581.686.892.795.498.1
103.3108. 6114.0122.3126.6132.2
2.31.91.4. 7.3
1.32.21.91.1
_ 55
.31.31.0
October 1002 SUEVEY OF CURRENT BUSINESS
Table 7.—Implicit Price Deflators of Gross Product and Component Costs and Profit PerUnit of Gross Product in Constant (1954) Dollars, by Industry—Continued
[Index numbers, 1954=100]
19471948194919501951 __.19521953
1954195519561957195819591960
General government
Implicitprice
deflator
73.276. 381 283.988.693.497.0
100.0105. 6111.3117.2125. 7130. 5136.3
Em-ployee
compen-sation
73.276 381 283.988.693.497.0
100.0105. 6111.3117.2125. 7130 5136 3
Netinterest
Capitalcon-
sump-tion al-
lowances
Indirectbusiness
taxes
Profit-type
income
Rest of the world
Implicitprice
deflator
72.783.376.985.7
107.7100.092.9
100.0100.0100.0100.095. 595.7
100.0
Em-ployee
compen-sation
(*)(*)(*)(*)(*)(*)(*)
(*)(*)(*)(*)(*)(*)(*)
Netinterest
9. 18.3
15 414.315.415.414.3
12.511.110.013.613.617.417.4
Capitalcon-
sump-tion al-
lowances
Indirectbusiness
taxes
Profittype
income
63.666.761.571.492 384.678.6
87.588.990.086.481.878.382.6
NOTE.—Calculated by dividing the total gross product in current dollars and each gross product component (table 6)by the corresponding gross product in constant (1954) dollars (table 4), and due to rounding may differ from deflatorshitherto published for farms, households and institutions, and general government. The sum of the component costs andprofits per unit of real gross product equals the implicit price deflator except for the statistical discrepancy which is includedin the total gross product but not in the components.
"Less than 0.05.Source: U.S. Department of Commerce, Office of Business Economics.
sales and purchases would have yieldedin the prices of the base period.
The following example will clarifythe concept. In this example, the cur-rent-dollar gross product is $500 ($600— $100). The gross product for the samecomposite of sales and purchases inthe prices of the base period would haveyielded $150 ($200 —$50). The implicitdeflator is accordingly $500 divided by$150, or 333.3 in index number form.It may be noted that the implicit pricedeflator increases more than sales pricesin this instance. This is so becausepurchase prices, which enter the im-plicit deflator with negative weights,increase less than sales prices.
Periods
n i
SalesPurchases _
Quantities Prices Prices100 $6 $250 2 1
Effect of base period weights
The base period, 1954 in this report,selected for the conversion of output incurrent dollars to "real" terms orconstant dollars may have an impacton the trends in real gross product.The deflated inultiproduct total output(or intermediate purchases) of an in-dustry can be considered as an aggre-gate in which the annual physicalquantity of each product is multiplied,or weighted, by the price per unit forthat product prevailing in the base year.
A weighted index can vary somewhat658343—62——3
depending on the period to which theweights refer. A production index withunit prices as weights will generallyshow a greater increase (or smallerdecline) if the weights refer to an earlyyear than to a recent year. Thisphenomenon occurs because as theproduction of a good rises rapidly, itsprice tends to lag behind the prices ofother goods (declines more rapidly orrises more slowly). In such cases, theprice of the expanding product ishigher relative to other prices in theearly period than it is in the laterperiod. Thus, the early price givesmore weight to the rising output thanthe later period price does.
Quality changes as reflected in in-dustry gross product
One further aspect of real productneeds to be mentioned, and that con-cerns the issue of quality changes.This problem is among those dominat-ing the discussion of price and produc-tion measures. However, it will benoted here only briefly. There is aconsensus that improvements in thequality of goods and services should bereflected in the measures of real output.There is also widespread agreementthat the existing price and productionindexes do not fully account for changesin quality. If it is agreed that qualityimprovements have occurred, then thereal output measures presented hereunderstate somewhat the "true" gain
that would have been shown if moresatisfactory price and quantity meas-ures had been available. Not onlymay a general understatement prevail,but, if quality advanced at an unevenpace, the relative importance of indi-vidual industries may be affected.
Relationship of industry gross prod-uct to other GNP data
We have already noted that a majorpurpose of this study is to developmeasures of the industrial origin of theexisting series on gross national product.Consequently, the industry gross prod-uct data were constructed using con-cepts identical to those of the hithertopublished national income and productseries, with one important exception.In the GNP accounts, property incomeand capital consumption allowancesare on a company basis. Labor andmixed and incomes are generally on anestablishment basis. A consistent es-tablishment classification woidd be pre-ferable but has not been carried throughpartly because of conceptual difficultiesand partly because the data were not-sufficient to make the reallocations inthe detail required for the nationalincome tables. However, for the broadindustry categories used in this study,profits and capital consumption allow-ances were distributed by establish-ment despite the element of arbitrarinessinvolved.
Relationship of real product indexesto other output measures
Measures of the volume of industrialproduction have been published formany years by various agencies of theFederal government. The following isa brief comparison of the industrygross product data with these otherseries.
The indexes of industrial productionpublished by the Federal Reserve Boardare closely related to but neverthelessdifferent from the data on real product.The FRB indexes for an individualindustry represent the total output ofthat industry whereas the real productmeasures deduct intermediate pur-chases. Trends in total output willnot be the same as trends in grossproduct if there are technological orother changes which result in differentrequirements for purchases of materials.
18 SURVEY OF CURRENT BUSINESS October 1962
There are such other differences as (1)FRB indexes cover the output ofmining-, electric and gas utilities, andmanufacturing, while real product en-compasses the whole economy; (2) theFRB uses a 1957 weighting pattern forthe data since 1952, and other weightsfor earlier periods; the real productindexes use a 1954 pattern; (3) FRBweights are the Census Bureau value-added weights while the indexes in thisstudy use gross product originating;and (4) FRB methods for measuringthe quantity of output in general dif-fer from those used in the calculation ofreal product. Generally, these differ-ences are more significant at the de-tailed level than for broad aggregates.
The chart on page 13 shows the manu-facturing components of the real GNPand of the FRB index of industrialproduction. As can be seen from thechart, the broad movements of the twomeasures are quite similar but there aresome differences in year-to-year changesand also for the longer term. In par-ticular, the FRB index has increasedmore in recent years than its GNPcounterpart. The causes of the differ-ences will require detailed investigation.One of them, however, is already ap-parent and should be noted here.
A large part of the difference inrecent years is due to the fact tha t thegross product originating in manufac-
turing measured in current dollars (asthe sum of employee comepnsation,corporate profits, etc.) has increasedless over this period than the current-dollar value-added compiled by theCensus Bureau which underlies thephysical quantities providing the FRBindex with its benchmark.
In order to derive a series of constant-dollar gross product for manufacturingthat is most closely tied to the statisticalsources and methods used in calculatingthe GNP, the following procedure wasused: value-added in both current andconstant dollars was calculated usingCensus data, and the implicit pricedeflators derived from these calculationswere applied to current-dollar grossproduct in manufacturing as includedin the national income accounts toderive the manufacturing component ofreal GNP.
Production indexes have also beenprepared by the Bureau of Labor Sta-tistics of the U.S. Department of Labor.As part of its program for the measure-ment of productivity indexes, the BLShas issued basically two types of pro-duction series. The first includes agross product series for manufacturingsimilar to that used in this study.There are differences, however, inweighting and detailed methodology.The other series, covering a selectednumber of industries, provides indexes
of total output and do not "net out"intermediate purchases.
The "value-added by manufacture"in current dollars published by theBureau of the Census of the U.S.Department of Commerce differs fromgross product originating in manufac-turing. The difference arises primarilybecause the Census value-added ex-cludes excise taxes paid by the industryand is net only of purchases of materialsbut not services. The current-dollargross product estimates exclude allintermediate purchases and include theexcise taxes.
The Census Bureau also publishesproduction index data which representchanges in the quantity of production.These indexes, compiled after eachCensus of Manufactures since 1947,serve as benchmarks for the FRBannual and monthly indexes and areconceptually consistent with them.That is, they are primarily indexes oftotal output for individual industriescombined to broader industrial group-ings using value-added for the baseperiod as weights.
A detailed description of the methodsused to prepare the gross productseries in current and constant dollars isavailable upon request to the Office ofBusiness Economics.
New and Revised SerifS Building Cost Index: Revised Data for Page S-10 1
[1957-59 = 100]
Year
1925lit' >»!1)279289̂ 99301931932933934935930937 ..938939940941942943944945940 ..94794S949950951952953954955195019571 958195919(5019(51
January
34 734.9
35 33(5 030. 134. 328 0
30 431. (i31. 935. 237.737. 238.239 541.243.043.944 94(5. 055. 9(53. 307 407. 074 (577. 080. (582. 88(5.991. 295. 298. 1101 7105. 210(5. 8
February
31 o34 835 935 530 035.834 527 92(5 930 (531.432. 035.437.837. 238.239 541.443.144.045 14(5. 357. 253.7>7 0>7. (5"5 (57 1SO. 782. 987.291.795 497.9101 9105. 410(5. 8
March
35 035. 035 535 53(5 035. 934 227 72(5 730 731 132. 235. 037. 837.338. 239 441.543. 044. 145 14(5. (557. 5(53.4(5(5 9(58.375 877 380. (582.987.291.795 197.9102 5105.3106. 8
April
35 034.935 335 830 035.833.725 72(5 831 031 132.337.037 037.338.239 (541.743.244.545 248.357 9(53. 5(5(5 7(58. 875 977 480.983.087.492.195. 198.0103 0105 5107. 2
May
34 734. 835 230 13<i 335.733 125 927.331 931 032. 337.437.537.338.239 741.843.244.545 '>49. 057.8(53. 4(5(5 2159. 170 177 880.983. 187.892.595. 498.4103 3100.2108. 0
.lime
34 734 535 235 (53(5 435. 232 220 127 231 931 332. 337.837 037.338.339 742. 043.244 (545 450. 358 364.4(50 370.87(5 178 380.983.488.292. 795 798.9104 0100 4108. 2
July
34 735 034 935 (53(5 434.831 12(5 527 432 131 432 437. 93(5 937.338. 339 942.443.244 745 550. 758 0(55. 0(5(5 371.77(5 078 (582 (584.388.792.89(5 199.5104 7106 7108. o
August
34 735 135 435 030 634 830 426 427 732 031 533 038.136 937 338.340 342.843.444 845 551.7(50 3(57 4(56 072. 775 980 182 986 490.793.298 199.7105 2106 7108. 3
September
34 %)
35. 135 035 636 334. (530.326 529.332 331 533.138. 137.037. 338. 540 742.843.944.845 551.761.267.7(5(5 874.475 980 582 786.290.994.997 9101. 5105 5106 8108. 4
October
34 535. 735.435 636 134.530. 026. 629.832.331.733.338.137. 137.738.741 042.943.944.845 651.862.167. 7(57 075.476 580 (582.786.491. 194.898. 1101.8105 4106 5108. 3
November
34 635.735.135 830 134.529.926.530.232.331.733.338.037.138.239.141 143.043.944.845 652.062. 5(57. 5(57 074.076 780 882 786. (590.995.098 1101. 5105 1106 5108 3
December
34 735.735. 136 036 134.529.226 630.532.331.734.038.037.238.239.541 143.043.944.945 753.163.267.567 074.377 080 682 (586 790 894.998 0101 5104 9106 5108 2
Monthlyaverage
34 735 135 335 736 235.231 926 728 031 631 532 737. 237 337 538. 540 142 243.444 545 449 859 465 466 771.27(5 078 881 784 688 993 196 599 5103 9106 1107 8
i Source: Engineering News-Kecord. Revised to reflect data as of 1st of indicated month and shift to 1957-59 reference base. Monthly averages for 1913-24, respectively, are as follows:19.0; 17.4; 18.1; 24.8; 31.6; 30.2; 30.1; 39.3; 31.5; 29.4; 35.3; 35.2.
ictobor 10C2 SUEVEY OF CURRENT BUSINESS 19
Consumer Price Index (U.S. Department of Labor): Revised Data for I*age S-7 ]
[1957-59=100]
Year
nnual average:193519361937193819391940 ..
1941 .194219431944__194519461947
Allitems
47.848.350.049.148.448.8
51.356.860.361.362.768.077.8
Special group indexes
All itemsless food
52.553.054.955.555.155.3
56.960.962.665.066.569.475.8
All itemsless
shelter
46.146.748.246.846.046.3
49.155.359.560.562.168.479.4
All commodities
Total
45. 045.647.445.644.745.1
48.255. 260.160.862.669.483.4
Non-durables
44.545. 146.844.743.844.3
47.454.359.059. 561.268.082.0
Dura-bles
48.148.851.952.851.751.3
54.862.264.370.275. 579.085. 6
Services
53.253.855.456.556.656.8
57. 559. 360.461.962. 763.966. 5
Year
Annual average:194819491950195119521953
1954195519561957195819591960
Allitems
83.883. 083.890.592.593.2
93. 693.394.798.0
100.7101. 5103. 1
Special group indexes
All itemsj less food
!
81.382. 183.188.490.592.3
92.893.194.797.9
100. 1102. 0103. 7
All itemsless
shelter
85.684.184.791.893.693.9
93.993.494.797.8
100.7101. 5103.0
All commodities
Total 1
89.487.187.695. 596.796.4
95.494.495.3 j98.4
100.7101.0101.7
Non-durables
88.085.485.994. 095.194.9
94.894.195.498.4
101. 0100. 6101.9
Dura-bles
91.993.294.2
101. 4102.7101. 6
97.794.994.998.299.7
102. 0100. 7
Services
70.774.076.480.484.087.5
89.891.493.497.0
100. 3102.7105. 6
Montli
anuaryFebruaryvlarch\_prilvlayune
uly\ugustSeptember)ctoberNovemberDecember
Average
Month
JanuaryFebruaryMarchApril _._May. _ .-June -
JulyAugust _SeptemberOctoberNovemberDecember
Average
Month
JanuaryFebruaryMarchAprilMayJune..
•JulyAugustSeptemberOctoberNovemberDecember
Average
All items I
1957
96.396.796.997.297.598.0
98. 598.698.798.799.199.1
98.0
1958
99.799.8
100.5100.7100.7100.8
101.0100.8100.8100.8101.0100.8
100.7
1959
100.9100.8100.8101.0101.1101. 5
101.8101.7102.0102.3102.4102.3
101. 5
1960
102. 2102.4102.4102.9102.9103.1
103.2103.2103. 3103.7103.8103.9
103. 1
Food — Continued
Meats, poultry, and fish
1957
89.891.991.292.594.096.9
99.3101.5100.096.494.896.1
95.4
1958
99.9101.5103.7105.1105.7107.3
108.1106.7105.0103.9102.9102.4
104.4
1959
103.2102.1100.9101.1101.2101.2
101. 599.6
100.198.897.896.6
100.4
1960
96. 596.397.299.199.5
100.0
100. 5100.999.999.799.6
100.2
99. 1
Medical care
1957
93.693.894.494.795.095.4
95.895.996.296.797.197.4
95.5
1958
98.198.298.598.899.499.8
100.3100.6101.4101.8102.0102.1
100.1
1959
102.4103.1103.3103.5103.9104.2
104.5104.8105.3105.5105.9106.0
104.4
1960
106.2107.1107.3107.6107.9108.0
108.2108.4108.6108.9109.3109.3
108.1
Apparel
1957
99.399.099.699.399.399.4
99.399.4
100.1100.5100.7100. 4
99. 7
1958
99.799.699.699.599.599.5
99.599.499.9
100.1100.5100.3
99.8
1959
99.599.599.899.8
100.1100.1
100.3100.7101.7102.1102.1101. 9
100.7
Total
1960 1957
100. 7101.1101. 5101.6101.6101.6
101.8102.0103.2103.5103.3103.2
102. 1
95. 696.395.996.497.198.5
99.599.999 298.698.398.4
97.8
1958
100.2100.6102.4103.1103.1103.1
103.1102.3101.9101.4101.2100.6
101.9
1959
100.8100.299.799.799.7
100.8
101.2100.3100. 6100.399.999.8
100.3
1960
99.799.599.7
101.3101.4101.9
102.2101.8101.9102.5102. 6102. 9
101.4
Fo ul
Dairy products | F ru i t s and vegetables
1957
98.298. 197.897.697.297.2
97.698.599.9
100.9101.1101.2
98.8
1958
101. 2101.1100. 899.498.898.7
99.399.8
100.8101.1101.1101. 0
100. 3
1959
100.8100.7100.599.799.599.2
100.1100.8102.0102. 6102. 5103.1
101.0
1960
102. 9102.9102.8101.9101. 6101.6
102.3103.0103.8104. 6105.0105.4
103.2
1957
94.694.393.996. 099. 1
102. 6
102.798. 192.992.692.792.2
96.0
1958
98.6100. 6105.7110. 5111.2108. 7
106. 7101. 197.797.998.097.2
102.8
1959
98. 598.197.7
100. 0101.6108.8
105. 8101.6100.4100.799.8
101. 5
101.2
I960
101. 7101.9101.1105.1107.5110. 1
108. 7103.0100. 8101.0102.1102. 2
103.8
Housing
Total
1957
97.197.698. 098.298.398.4
98.498.699.199.399.599.6
98.5
1958
99.799.8
100.0100.2100.2100.2
100.2100.3100.3160.3100.4100.5
100.2
1959
100. 5100. 8100.9100.9101.0101.1
101.2101.4101.7102.0102.3102.3
101.3
1960
102.5102.9103.0103.1102.9103.0
103.0103.1103.5103.7103.6103.8
103.1
Personal care
1957
95.395.795.996.396.397.0
97.397.597.798.598.999.1
97.1
1958
99.899.9
100.2100.3100.3100.4
100.6100.6100.5100.5100.8100.7
100.4
1959
101.0101.3101.2101.5102.0102. 3
102.5102.8103.1103.4103.6103.7
102. 4
1960
103.6103.5103.6103.7104.0104.0
104.1104.4104.5104.6104.5104.4
104.1
Gas and e ectricity
1957
96.396.496.496.496.396.3
96.397.297.597.698.098.0
96.9
1958
99.299.499.499.599.9
100.3
100.3100.8101.2101.3101.3101.4
100.3
1959
101. 4101.6101.6101.4101.8102.3
102.5103.0104.3104.4104.4105.2
102.8
1960
105. 7106.3106.4106.7106.9106. 9
107.0107.1107.8107.8107.8107.7
107. 0
Reading and recreation
1957
94.995.095.496.596.296.5
97.197.297.897.998.899.0
96.9
1958
100.7100.7101.0101.0100.7100.8
100.7100.8100.7100.7101.0100.9
100.8
1959
101.0101.1101.3101.6101.7102.0
102.8102.8103.3103.4103.6104.0
102. 4
1960
103.9104. 1104.4104.6104.8104.6
105.0105.3105.4105.3105. 8105.6
104.9
l lousefurnishings
1957
99.9100.9100.8101.0100. 1100.5
100.099.8
100. 7100.7100.4100.8
100. 5
1958
100.1100.899.899.999.9
100.0
99.999.299.599.399.499.5
99.8
1959
99.199.799.799.799.6
100.0
99.999.599.9
100.0100.3100.1
99.8
1960
99.9100.2100. 6100. 6100.2100.2
100. 099.4
100.099.999.999.8
100.1
Transportation
1957
94.895.495.996.296.096.0
96.496.596.596.499.498.6
96.5
1958
98.498.398.498.298.498.6
99.6100.1100.3101.3102.6102.4
99.7
1959
102.3102. 4102.8103.1103.2103.5
103.8104.1103.9105.4105.7105.5
103.8
1960
104.8104.7104.0103.7103.3103.5
103.5103.8102.7103.7104.0104.0
103. 8
Rent
1957
97.697.697.797.898.098.2
98.398.598.798.999.199.4
98.3
1958
99.599.699.799.9
100.0100.1
100.2100.4100.5100.6100.7100.9
100.1
1959
100.9101. 1101.2101.3101.3101.5
101.5101.7101.8102.1102.2102.4
101. 6
I960
102. 5102. 5102.7102.8102.8103.0
103.1103.2103.3103. (5103.8103.9
103.1
Other goods and serv ces
1957
97.297.397.597.597.697.8
99.499.599.599.599.599.5
98.5
1958
99.799.799.899.899.899.8
99.899.899.899.999.999.9
99.8
1959
99.9100.099.9
100.6100.8101.4
102.7102. 9103.2103.3103.3103.4
101.8
I960
103.5103. 5103. 4103. 5103.5103.6
103.8103.9104.2104. 2104.2104.2
103. 8
1 Data reflect conversion of the Consumer Price Index to the 1957-59 = 100 reference base period. Mont lily and annual figures for earlier periods not shown here are available upon re-quest from the Bureau of Labor Statistics, U.S. Department of Labor, Washington 25, D.C.ep
Source: U.S. Department of Labor, Bureau of Labor Statistics.
Wholesale Price Index (U.S. Department of Labor): Revised Data for Page S-8 J
[1957-59=100]
Year
Annual average:192619271928192919301931193219331934
193519361937193819391940194119421943
All com-modities
54.852.353.052.147.339.935. 636.141.0
43.844.247.243.042.243.047.854. 056.5
By stasje of processing
Crudematerials
forfurther
processing
60. 858.660. 259.251.239.933.434.441.7
46.848.651.643.842.743.750.761.268.1
Inter-mediate
materials,supplies,
etc.
52.149.149.248.942.635.930.834.037.9
38.339. 544.439.340.141.245.248.248.3
Finishedgoods
56. 653.754. 253.549.843 639.839 944.2
46.546.449 346.545.546.150.455.856.7
By durability ofproduct
Non-durable
goods
Durablegoods
Com-modities
otherthanfarm
productsand foods
56. 553.152.451.748.142.439.740.244.2
44.044.948.146.146.046.850.353.954.7
Year
Annual average:194419451946194719181949195019511952
195319541955 .19561957. .1958195919601961
All com-modities
56.957.966.181.287.983.586.896.794.0
92.792.993 .296 299.0
100.4100.6100.7100.3
By stage of processing
Crudematerials
forfurther
processing
68.871.081.8
100. 8110.595.6
104.2119.6109.9
101.5100.696.797.299.4
101.699.096.696.1
Inter-mediate
materials,supplies,
etc.
49.049.957.776.582.779.483.093.090.3
90.891.393.097.199.499.6
101.0101.0100.3
Finishedgoods
57.157.665.780.186.484.085.593.693.0
92.192.392.595.198.6
100.8100.6101.4101.4
By durability ofproduct
Non-durablegoods
93.4100. 091 394.9
106.6101.7
98.398.196.196,999.4
101.099 699.999.6
Durablegoods
64. 871.573.075.983.283.6
85.286.089.595.498.699.6
101.8101. 7101.3
Com-moditi
otheithanfarm
prodticand foo<
5^5(617t818(K9181
9C9C92969S9S
101101100
Month
January.._February-MarchAprilMayJune
JulyAugustSeptember -OctoberNovember..December. _
Average..-
All commodities
98.498.598.498.798.698.9
99 599.799.499.299. 499.8
1958
100.1100.2100. 8100. 5100. 6100.4
100.4100. 3100.3100 2100. 4100.4
100. 4
100. 6100.6100. 7101. 0101.0100.8
100. 6100. 3100. 8100. 3100.1100.1
100. 0
1960
100. 5100. 5101.0101.0100. 8100. 6
100. 8100. 4100. 4100. 710(1. 7100. 6
100. 7
Farm products
1957
97.596.996. 998.997.799.2
101. 3101.599. 399.9
100.3101. 1
99.2
1958
102.3104. 9109.7106. 7107. 5104. 4
103.7101.7101.6100. 8100. 598.9
103. 6
1959
99.999.599.1
100. 999. 198.0
96. 595. 197.094.493.293. 8
1960
94.495.098.799.598.797.2
97.094.595.797.798.196. S
Foods, processed
96.796. 396 296.797.398.4
99.499.098.897. 898 899. 6
1958
101. 5101.9102. 7103. 4104. 7105. 3
104.5103. 2103. 0102. 0101.5100. 9
1959
100.899.899 499.499.9
100. 2
99.798.1
100. 098.797. 397.1
99.2
1960
97.998.099.699.199.7
100.0
101. 1100. 1100. 3101.2101. 3101. 5
100. 0
Commodities other than farm products and foods
Total
1957
98.999. 199 099.098.998.9
99.399.599. 599. 499. 499. 6
99.2
1958
99. 699.399.399.199. 099.0
99.299.699.799.8
100. 1100. 5
99. 5
1959
100. 7100. 9101.2101.3101. 4101.2
101. 4101.4101.4101.4101. 5101. 6
101. 3
1960
101.7101. 6101.6101. 6101.2101.2
101.2101.2101.0101.1101.0101.0
Chemicals and allied produc
57
.8
.9
.9
.2
.2
.4
.6
.82.4
1958
100. 7100. 6100. 7100.9100.7100.7
100.4100.099. 9100. 2
.3 | 100.2
.6 100. 0
1959
100.299. 999.8100.0100.0100.0
99.999.799.9100.0100. 0100. 0
19«
99100100100100100
100100100100100100
Commodities other than farm products and foods
MonthFuel and related products, and
po\verFurniture, other household
durables
JanuaryFebruary..--MarchAprilMayJune
JulyAugustSeptember .OctoberNovember-December—
Average..
101.8104. 7104 4104. 6103. 8102. 6
101.9101. 8101. 7101. 4101.3101. 8
102.7
99.7100. 5100. 799. 899. 397.4
97.398.398.097.697.497.8
98.7
98.098.198.398 397.098.3
99.7101.0101.7101.8101. 7101.8
99. 6
99. 299. 299. 298. 898.999.0
99.499.699. 599.799.8
100. 5
99.4
100. 7101). 5100. 5100. 4100. 2100.1
100.2100. 1100. 1100. 199 899.9
100. 2
100. 3100.3100. 5100. 4100. 5100. 5
100. 7100.5100.4100. 3100.3100. 2
100. 4100. 5100. 6100. 5100. 2100.1
100.1100. 099.999.899.799.7
100. 4 ! 100.1
Hides, skins, and leather-products
1959
93.993.693.994.194. 495 3
96.095.895.595. 695.595.0
94.9
95. 095.195.095.295.495.8
95.895.9
96! 897.798.9
99.4100. 6103. 6112.5113.1113.5
113.9114. 3113.7110. 9106. 6107.2
109.1
107. 6106. 9106. 7107.0106. 2105. 3
105. 1103.8103.2103. 6103.6103.9
105. 2
Lumber and wood products i Machinery and motiveproducts
100. 499.999.499.599.199.1
98.898.297.497.196.896.3
1958 I 1959 | 1960
96.395.895.595.895.996.3
96.698.299.6
100. 099.399.1
97.4
99.7101. 4102.7104.6106. 0106.7
106.1106. 3105. 2104.5102.9103.3
104. 1
103. 5103. 3103. 1102. 8102. 4101. 3
100.598.998.397.496.796.5
100.4
96.296. 696.896.997.097.0
97.497.798.298.799.799.8
97.7
99.899.899.799.899.8
99.999.999.8
100.2101. 0101.2
100.1
101. 4101. 6101. 7101. 6101. 9102.2
102.7102. 8102.9102.7102.7102.7
102.2
1960
102.102.102.102.102.102.
102.102.101.102.102.102.
102.
Commodities other than farm products and foods
MonthMetals and metal
products
1957 1958 1959 1960
January--.February.MarchAprilMayJune
100.399.899.598.998.899.2
JulyAugustSeptember _OctoberNovemberDecember
100.4100.9100. 399.499.199.2
Average-.
98.998.797.997.998.0
98.099.499.7
100. 3100. 8100.8
99.1
100.7101.1101.2100.7100.8101.0
100.6100.7101.3101.8102.7102. 3
101.2
102. 5102.3101.8101.8101.6101.3
101.1101.2101.1100.7100.4100.3
Nonmetallic mineralproducts
1957 1958 1959 1960
97.097.597.998.999.299.3
99.499.499.499.499.5
100.2100. 399.499.599.599.4
99.499.4
100.5100. 5100. 5100.6
99.9
100.8101.1101.2
101.7101.0
101.1101.0101.1101.1101.2101.3
101.2
101.7101.6101.6
101.3101.3
101.3101.3101.4101. 5101.3101.3
101.4
Pulp, paper, and alliedproducts
1957 1958 1959 1960
98.298.298.398.298.598.5
99.299.4
100.0100.0100.1
99. 0
99.999.799.799.799.7
100.1100.1100.6100.8100.8100.3
100.1
100.4100. 6100.8101.0100.8101.1
101.1101.1101.1101. 2101.1101.1
101.0
102. 1101.7101.7101.7101.9102.0
102.0101.6101.6101.9101.7101.1
101.8
Rubber and products
1957 1958 1959 1960
100.199.399.699.799.9
100.1
100.0101.4101.1100.999.9
100.6
100.2
100.199.899.899.799.299.5
99.999.8
100.3101.0101.2100.5
100.1
100.2100. 3100.8101.2102.1100.9
100.897.097.797.999.798.0
99.7
98.899.899.999.9
101.0101.2
101.4100.3100.099.999.197.4
99.9
Textile products andapparel
1957 1958 1959 1960
101.2101.1100.8100.7100.8100.9
100.8100.8100. 8100.5100.4100.3
100.8
100.099.499.399.098.898.6
98.698.698.698.598.498.6
98.9
98.699.099.299.499.8
100.3
100.7101.1101.3101.3101.7102.2
100.4
102.1102.0101.7101.7101.7101.7
101.7101.5101.3101.2100.8100.6
101.5
Tobacco products andbottled beverages
1957 1958 1959 1960
96.596. 596 596.896.897.0
99.399.399.399.399.499.6
99.699.699.699.699.699.6
99.699.699.6
100.2100.1100.0
99.7
100.0100.3102.8102.8102.8102.8
102.8102.6102.5102.4102.4102.4
102.102.102.102.102.102.
102.102.102.102.102.102.
102.,
1 Data reflect conversion of the Wholesale Price Index to the 1957-59=100 reference base period. Monthly and annual figures for earlier periods not shown here are available upon request from the Bureau of Labor Statistics, U.S. Department of Labor, Washington 25, D.C.
Source: LT.S.. Department of Labor, Bureau of Labor Statistics.
BUSINESS STATISTICSJL HE STATISTICS here update series published in the 1961 edition of BUSINESS STATISTICS, biennial Statistical Supplement to the SURVEY
IF CURRENT BUSINESS. That volume (price $2.00) contains data by months, or quarters, for the years 1957 through 1960 (1951-60, for majorquarterly series) and averages of monthly or quarterly data for all years back to 1939; it also provides a description of each series and referenceso 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 (|), respectively; certain revisions for 1960 issued too late for inclusion in the aforementioned volume appear in the monthly>URVEY beginning with the July 1961 issue. Except as otherwise stated, the terms "unadjusted" and "adjusted" refer to adjustment for seasonal'ariation.
Statistics originating in Government agencies are not copyrighted and may be reprinted freely. Data from private sources are providedbrought the courtesy of the compilers, and are subject to their copyrights.
Jnless otherwise stated, statistics through 1960and descriptive notes are shown in the 1961edition of BUSINESS STATISTICS
1959 1960 | 1961
Annual total
1959
II III IV
1960
I | II III IV
1961
I
Seasonally adjusted quarterly totals at
II | III IV
1962
I II
annual rates
GENERAL BUSINESS INDICATORS^Quarterly Series
NATIONAL INCOME AND PRODUCTf
national income, totalf bil. $
Compensation of employees, total do
Wages and salaries, total doPrivate doMilitary _ . _ _ _ _ _ _ _ _ d oGovernment civilian do
Supplements to wages and salaries do
Proprietors' income, total cf do.Business and professionalcf d(Farm _ _ do
Rental income of persons d(Corporate profits and inventory valuation adj ist-
ment total bil $
Corporate profits before tax, total d(Corporate profits tax liability dcCorporate profits after tax do
Inventory valuation adjustment do
Net interest do
JFOSS national product, totalf do
Personal consumption expenditures, total. .do
Durable goods, total 0 doAutomobiles and parts _ _ _ - . _ _ -do. __Furniture and household equipment. _ _ d o
Nondurable goods, total 0 do.Clothing and shoes doFood and alcoholic beverages doGasoline and oil _ _ do. _
Services total 0 doHousehold operation doHousing „ ._ _ doTransportation _ _ _ _ d o _ _
Gross private domestic in vestment, total do
New construction. cloResidential nonfarm do
Producers' durable equipment ... _ ___ do, _Change in business inventories do
Nonfarm _ - . . do
Net exports of goods and services doExports doImports do
Govt. purchases of goods and services, total, .doFederal (less Government sales) do
National defense 9 doState and local _ do
By major type of product:*!Final sales, total do, ..
Goods output total doDurable goods doNondurable goods _ _ _ . do_ _
Services doConstruction do
Inventory change, total do. _.Durable goods _ _ . _ doNondurable goods do
400.5
278 5
258. 5213. 1
9 935 4
20.1
46. 535 111.411 9
47 2
47 793 294 5— 5
16 4
482 7
313.5
43 018 118.9
147 127.577 711 1
192 818 139. 610 0
72.7
40.222 325.96 66.5
— .822 923.6
97.253.646 243 6
476.1244 091.5
152. 5175 856 3
6.63.53.1
415.5
293 7
271.3222. 9
9.938 5
22 A
46.234.212.011.9
45.6
45.422 493 o
9
18 1
503 4
328. 5
44 818.819.1
151 828.179 511.7
131 919 641.810. 7
72.4
40.721 127.64 13.7
2 926 423.5
99.753.245 746 5
499.4254 195 0
159.2188 6
56 7
4.12.31.8
427.8
302 2
278.8227. 0
10. 241.6
23.4
47.834.813.112.3
45.5
45. 622 393 3
.0
20 0
518 7
338.1
43.717.219.3
155. 228.681 111.9
139 120 643.911. 1
69.3
41.621 025.52 11.9
4.027 323.3
107.457.049 050 4
516.6257 2
94 0163.3200 758 6
2 1.0
2.1
405.6
279 8
259. 7214. 6
9.935.3
20.0
47.235.511.711.9
50.5
51.995 9
?6 6-1.3
16 2
487 8
313.0
44.419. 018.9
147.027.877. 811.1
121 517 939.49.7
79.0
41.123 526.411 511.5
— 1.722 123.8
97.553.946 543 6
476.3244 3
92 4152.0173 958 1
11 58 13.5
400.6
280 2
259. 9214.4
9.935.7
20.3
46.035.410.611.9
46.1
46.522 693 9-.5
16 4
482 7
316. 7
44.918.919.2
147. 727.777 411.3
124 018 239. 910. 2
68.8
41.092 626. 61.11. 1
23 824.3
97.854.046 443 8
481.5247 093 1
153.9177 656 9
1 1-2.0
3.1
403.9
283. 0
262. 5216. 5
9.836.1
20. 6
45. 935.110.811.9
46.0
45. 322 093 3
17 0
488 5
318.8
43 116.919. 3
148.927.878 311.3
196 818 840. 310. 5
73.2
39. 621 326.47.17.0
.023 823.9
96.552.846 143 7
481.4245 791 9
153. 8181 3
54 4
7 12.64.5
413.9
290. 6
268. 5221.6
9.837.1
22.0
45.234.510.711.9
48.6
49.224 394 9— . 6
17 6
501 7
323. 9
45 119. 019.3
150 028.178 511.5
1°8 919 240.910. 6
79.1
40.921 527.410 810.6
1.425 323.9
97.252. 545 444 7
490.8251 3
94 0157.3183 855 8
10 88.62.2
417.2
294.6
272.2224. 4
9.838.0
22.3
46.934.512.411.9
46.2
46.422 993 5_ 9
17 7
504 8
329. 9
45 819. 519.2
152 628. 379 911 6
131 519 641. 710 6
73. 5
40.721 228 4
4 44.1
2 426 524. 2
99.053.145 845 9
500. 4256 2
96 9159 3187 7
56 4
4 42.81.6
416.6
295. 8
273.3224. 2
9.939.1
22.5
46.334.112.211.9
44.4
43. 391 491 9
1.2
18 2
503 7
329. 8
44 518.319.1
152 528.479 511 7
132 819 742 210 6
70.3
40.521 027.72 11.7
2 826 523.6
100.853.645 747 2
501.5254 9
94 8160. 1189 956 8
2 11.01.1
414.4
293.9
271.3221.610.039.7
22.6
46.533.812.712. 0
43.3
42.821 121 7
.5
18 8
503 3
330.5
44 018.318.7
152 327.880 211 9
134 220 042 610 7
66.5
40.720 526.8
—1 1—1.5
4 927 222.3
101.453 645 847 8
504.4254 1
94 2160 0193 1
57 2
— 1 1-3.3
2.2
411.8
294.1
271. 2220. 810.040.4
22.9
46.533.712.812.0
40. 1
39.819 490 3
.3
19.1
500.8
330. 5
40 815. 418.4
153.528.180 311.9
136 220 243.110.9
60.1
39.319 024.4
—3.6-3.9
5.327 422 2
104.855.447 749 4
504.4251 6
90 2161.4195 9
56 8
-3 6— 5.5
1.9
424.3
300. 2
276. 9225. 810.041.2
23.2
47.234.512.712.2
45. 0
44.821 929 9
2
19 8
513 1
335.5
43 516.919. 2
153 928.080 611 7
138 020 643 610.9
67.6
41.020 124.62 11.8
4.026 422.4
106. 056.649 049 4
511.0254 4
92 6161.8199 057 5
2 1-1.3
3.4
431.3
304. 5
281.0228.810.042.2
23.5
48.135.113.112.3
46.0
46.322 623 7-.390 3
522 3
340.1
44 016. 919.7
156.229. 081 511.9
139 920 744.111.1
72.4
42.621 925.84.03.8
2.826.924.1
106.956.548 450.4
518.3257 8
94 3163.5201 359.2
4.03.4.6
444.0
309.9
286. 1232. 510.842. 8
23.8
49.536.013.612.5
51.1
51.425 196 3-.3
21 0
538 6
346. 1
46 619.419.8
157 229. 282 112 1
142 321 044 811.4
76.6
43.222 827.46 05.9
3.828 324. 5
112.159.550 852 6
532.6265 098 8
166. 3206 661 0
6 03.52.5
448.9
315. 2
289. 9235. 011.243.7
25.2
49.136. 212.912.6
50.4
50.124 425 6
.3
21 5
545 0
350. 2
46 31 9. 119.7
159 929. 883 712 1
144 121 345 211 5
75.9
41.621 227.66 76.6
3.728 224.5
115.261.953 053 3
538. 3268 2
99 9168.4211 159 0
6 73.53.1
456. 7
321. 7
295. 9240. 111.244. 6
25,8'
49.536.812.812.8
50.7
50. 924 926 1
2
22,0
552. 0
354. 9
47.220. 319.3
161. 329.884.212.3
146. 321 845.711. 5
77.4
44.523 328.9
4 03.9
3.729 025.3
116,062 153 254 0
547 9272 6102 6170 0213 561 8
4 01.92,2
r Revised. tRevised series. Estimates of national income and product and personalincome have been revised back to 1959; revisions prior to May 1961 for personal income appear-on p. 13 of the July 1962 SURVEY. ^Includes inventory valuation adjustment. ©In-
cludes data not shown separately. 9 Government sales are not deducted,data back to 1947, see p. 35 of the July 1962 SURVEY.
*For quarterly
s-1
S-2 SURVEY OF CURRENT BUSINESS October 1<>
Unless otherwise stated, statistics through 1960and descriptive notes are shown in the 1961edition of BUSINESS STATISTICS
1959 1960 1 196)
Annual total
1959
IV
1960
I II Ill IV
1961
I II III IV
1962
I II III IV
GENERAL BUSINESS INDICATORS— Quarterly Series— Continued
NATIONAL INCOME AND PRODUCT— Con.f
Quarterly Data Seasonally Adjusted at Annual RatesGNP in constant (1954) dollars
Gross national product total t - -bil. $
Personal consumption expenditures, total do
Nondurable goods _ do_ _Services ._ do
Gross private domestic investment, total_._do
New construction _ . do
Change in business inventories do
Net exports of goods and services do
Government purchases of eoods and services, totalbil. $..
Federal - doState and local . do
DISPOSITION OF PERSONAL INCOMEfQuarterly Data Seasonally Adjusted at Annual RatesPersonal income total bil. $Less: Personal tax and nontax payments doEquals' Disposable personal income . _ _ d o _
Personal ^avin^ § do_ ..NEW PLANT AND EQUIPMENT
EXPENDITURESUnadjusted quarterly totals or averages:
All Industries bil. $.
Manufacturing _ __ .do_Durable goods industries doNondurable goods industries do
Mining do"Railroads _ do, _.Transportation other than rail doPublic utilities _ do. _Commercial and other d o _ _ .
Seas. adj. qtrly. totals at annual rates:All industries _ do. _ .
Manufacturing do
Nondurable goods industries do
Mining do
Transportation other than rail doPublic utilities do
BUSINESS POPULATIONFirms in operation, end of quarter (seasonally ad-
justed) thous
U.S. BALANCE OF INTERNATIONALPAYMENTS!
Quarterly Data are Seasonally AdjustedU.S. payments, recorded mil. $_.
Imports:Merchandise doMilitary expenditures. doOther services do
Remittances and pensions doGovt. grants and capital outflows do
U.S. private capital doDirect investments doLong-term portfolio doShort-term do
U.S. receipts, recorded do
Exports:Merchandise _ _ _ _ _ _ d oServices and military sales do.
Repayments on U.S. Govt. loans doForeign capital other than liquid funds do
Excess of recorded receipts or payments (— ) _ _ _ d o
Unrecorded transactions _ _ _ do
Total, net receipts (+) or payments (— ) do
Total, excluding special transactions _ _ do. .
428.6
288. 9
41 0138.7109.2
61.7
34.421.45.9
-2.1
80.143.936.2
383. 946.8
337. 1
23.6
8.14
3.021.441.57
25.'S.51
1.422.72
3 4, 583
29, 548
15,3103, 1074, 925
7913, 040
2, 3751.372
920
25, 393
16.2827, 1941.054
803
-4, 155
412
-3, 743
335
440.2
298. 3
42 2141.4114.7
60.7
34.322.73.7
1.5
79.842.337.4
400. 851.4
349. 4
20. 9
8.92
3.021 . 801 . 82
25.26.48
1.422.89
•» 4. 658
31,317
14, 7233, 0485, 417
8423? 405
3, 8821, 694
8501 , 33S
27, 984
19,4597, 554
030335
-3, 333
-592
-3. 925
— 5'? 4
447.9
304.3
41.6143.3119.4
57. 8
34.821.12.0
1.8
84.044.539.4
416. 452. 8
363. 6
25. 6
8.59
3.421.571.85
.24
. 17
.461.382.92
3 4. 713
31. 805
14, 5142, 9475, 402
8784,051
3, 9531. 4751,0001, 472
29, 940
19,9158. 1511, 274
000
-1,859
-002
-2,401
199
431.1
291.9
40.8139.8111.3
62. 0
33.621 86.6
-1.1
78.342.435.9
390. 248.3
341.9
23. 1
8.99
3.571.741.83
.27
.22
. 551.512.87
33. 58
1 2. 876.166.71
1.04.85
2. 1 55.48
11.19
4, 670
7, 541
3, 802754
1.300196741
08K304202122
6,715
4, 1951,901
430189
— 820
230
-590
985
440.9
295. 6
42.4140.6112.6
66.7
34.622.69.6
78.442.036.4
395. 451.4
344. 0
20.1
7.89
3.091.551 . 54
.22
. 25
.471. 182. 69
35. 15
14.107.156.95
1 . 001.002. 005. 75
11.35
4, 690
7,549
3, 801771
1, 347204708
65832423098
6, 805
4, 6571,827
170211
-684
-18
— 702
— 4, ( >78 ' — 3, 40 1 — 2, 590 — 881 — 7( 12r Revised. v Preliminary.1 Estimates for July-Sept. 1962 based on antici nited capital expenditures of business.2 Estimates for Oct. -Dec. 1962 based on anticipated capi ta l expenditures of business.
Anticipated expenditures for the year 1962 are as follows (in bil. $): All industries, 37.16;manufacturing, total, 14.57; durable goods industries, 6.98; nondurable gooc s industries,7.59; mining, 1.10; railroads, .83; transportat ion, 2.06; public u t i l i t i es . 5.43; commercial andother, 13,16.
? Unadjusted. Data represent firms in operation as of J; n. 1; t s t male for Jan. 1, 1962
442. 3
299.7
43.0142.3114. 5
61.5
34.223.34.0
1.0
80.042. 937.1
401.451.9
349. 6
19.7
9.28
3.761.S81.88
.29
.551 . 422.99
36.30
14.707.407. 30
1.051.102.155.70
11.60
4,710
7, 690
3. 836758
1,375205833
083271209203
7, 055
4, 8701. 909
147123
-635
-117
-752
80
439. 7
299.1
41.8141.9115. 4
58.6
34.022.71.9
1.5
80. 542. 737.8
403.151.4
351.7
22.0
8.98
3.621.801.81
.25
.24
.471.502. 90
35. 90
14.657.357.30
1 . 001.001.905. 60
11.75
4. 720
8, 000
3, 664797
1, 368211826
1,134415170549
7, 002
4, 9401,843
17247
-998
-194
-1,192
437. 7
298. 8
41.8140.7116.3
55.8
34. 322. 2-.7
3.3
79.941.838.1
403.750.9
352. 7
•)9 9
9.53
4.011.952. 06
.24
.25
.461 . 582. 99
35. 50
14.406.857. 55
.901.001 . 805. 70
11.65
4, 730
8, 078
3, 4227 92
1, 327222978
1. 407084235488
7, 002
4, 9801, 975
147-46
-1,016
-263
-1,279
414
433. 9
298. 2
39.0141.5117.7
50.0
33.020.1
-3.0
3.5
82. 242. 939.2
405. 451.0
354. 3
23.8
7.57
3. 001.411.59
.21
.17
.411.092. 69
33.85
13.756.507.25
.95
.701.755. 35
11.30
4,740
7, 690
3. 369770
1,309221962
1,059457120482
7, 400
5, 0612, 008
133198
—290
—29
-319
-672 -1,192 -835 -319(based on incomplete data) is 4,7
t See corresponding note onthe July 1962 SHKVEY.)
§ Persona saving is excess oshown as a component of gross n
£ Revised effective writh tha vail a >le later.
443. 9
302. 5
41.3142.3118.8
56. 5
34.320.22.0
1.7
83.344.438.9
413. 552. 5
361 . 0
25. 5
8.61
3.461.581.88
.26
.18
.481.392. 85
33.50
13.506.207.30
1.00.70
1.805.50
11. 05
4, 750
7,411
3, 417756
1,337221804
876209218389
7, 953
4,7682, 000
851274
542
-306
170
724
-54852,000.p. S-l (i
disposaational p.' June 1
4,50. 4
306. 0
41.7144.4120.0
60.4
35.621.33.5
. 7
83.344.139.2
419.453. 0
366. 3
26.3
8.65
3.341.501.84
.25
.16
.471.502. 94
34. 70
13.656. 107.55
1.00.65
1. 905. 65
11 . 85
4. 760
8, 082
3.840699
1.388210
1.094
845429194222
0. 979
4. 9401.951
81
— 1, 103
193
-910
— 75
-835* Inclu
evisions
ole inconrocluct o)02 Sum
463. 4
310. 6
44.4144.9121.4
64.1
36.122.75.4
1.4
87.246.740.5
427.354.6
372.6
26 5
9.54
3.881.792.09
.26
. 16
.501.543.20
35.40
14.006.407.60
1.00.60
1.955. 55
12. 35
4. 770
8, 622
3,888722
1,428220
1,191
1,173320474379
7, 614
5, 1462,132
209127
-1,008
-400
-1,408
-520
-888des chanprior to
le over pn p. S-l.EY; revi
467.4
313.9
44.1147.0122.8
63.3
34.622.85.9
1.3
88.948.340.6
432.056.4
375. 6
25 4
8.02
3.141.441.69
.26
.16
.471.062.94
35. 70
14.206. 557.60
1.15.70
2.055. 15
12. 45
4.780
8,291
3.920752
1.388234
1, 050
947229398320
7,709
5,0702.189
1604 290
-582
106
-476
100
-576ges in no3d qtr. ]
ersonal c
sions pri
470.8
316.9
44.6148. 1124.1
64.1
36.723.83.7
89 248.640.6
439 557.7
381.8
26.9
9.50
3.691.771.92
97.26.60
1. 373.30
36. 95
14.456.957. 50
1.05.95
2. 255.40
12. S5
4,790
8,030
4, 032743
1, 405222
1,032
596
330-111
7,983
5, 3452,307
23794
— 47
-171
-218
-295illiquid959 apr.
on sum pi
Dr to 3d
: :
i 9.46
3.611. 741.87
. 28
. 471.493. 38
137.75
14. 657. 057. 60
1.10.95
1.905. 55
13. 55
210.1'
4.1 ;2.0:2.1
2<. 1!. 5:
1.5!3. 5*
237.9;
1 4. g;
7. 7(
l . l f. 71
1.9f5. 5C
13. 7C
_:::::
Govt. liabilities._ar on i. 8 ft*, of
ion expenditures
qtr. 1959 will he
October 1062 SURVEY OF CURRENT BUSINESS S-3
Unless otherwise stated, statistics through 1960and descriptive notes are shown in the 1061edition of BUSINESS STATISTICS
1960 1961
Monthlyaverage
1961
Aug. Sept. Oct. Nov. Dec.
19G2
Jan. Feb. Mar. Apr. May June July Aug. Sept.''
GENERAL BUSINESS INDICATORS— Monthly Series
PERSONAL INCOME, BY SOURCEf
Seasonally adjusted, at annual rates:!Total personal income nil. $ _
Wage and salary disbursements, total do
Commodity-producing industries, totaLdoManufacturing only __ do
Distributive industries do
Service industries doGovernment do
Other labor income -doProprietors' income:
Business and professional -- -- _-doFarm -- do
Rental income of persons doDividends do __Personal interest income. doTransfer payments doLess personal contributions for social insurance
bil. $__
Total nonagricultural income -do
FARM INCOME AND MARKETINGS^
Cash receipts from farming, including Governmentpayments, totaled - _ _ m i l . $__
Farm marketings and CCC loans, total doCrops _ ~doLivestock and products total 9 do
Dairy products doMeat animals _ _ d oPoultry a n d egu's _ _ _ _ _ _ d o
Indexes of cash receipts from marketings and CCCloans, unadjusted:.?
•Ml commodities 1947-49=100Crops - _ - d o _ _Livestock and products - do
Indexes of volume of farm marketings, unadjusted :cfAll commodities 1947-49=100
Crops - - - - - - - do _Livestock and products do
INDUSTRIAL PRODUCTION }
Federal Resent Index of Quantity Output
Unadjusted, t o t a l index (incl. utilities).. 1957= 100. -By industry:
Manufacturing, total __ - doDurable manufactures . do _ _ _ .Nondurable manufactures do __
M^ in ing doUtilities do
By market grouping:Final products total do
Consumer goods doAutomotive and home goods doApparel and staples do
Equipment, including defense . do
Materials doDurable [roods materials _ _ _ _ _ _ doNondurable materials do
Seas, adj., t o t a l index (incl. utilities) doBy industry:
Manufacturing, total do -
Durable manufactures 9 doPrimary metals __ _ do
Iron and steel doFabricated metal products do
Structural metal parts do
Machinery __ do _ -NOnelcctrical machinery doElectrical machinery . _._do
Transportation equipment doMotor vehicles and parts doAircraft and other equipment do
Instruments and related products doClay, glass, and stone products. ... _ _ d oLumber and products doFurniture and fixtures . do _ _Miscellaneous manufactures do
Nondurable manufactures doTextile mill products do _Apparel products _ do_Leather and products _ . _ do. _Paper and products _ _ do
r Hi-vised. p Preliminary.1 The t o t a l and components are annual totals.|See corresponding not*1 on p. S-l. c71 Revised
}400. 8
271.3
110.487.471.8
40.748.411.0
34.212.0
11.914 425. 829.4
9.2
384.7
2, 892
2, 8341 , 2591 576
395882273
116117116
1331311 35
108
10810411397
123
111114116114103
106102110
108
108
1049088
106104
106102112
10211589
119110107120113
113109124100112
beginnh
1 416. 4
278. 8
110.887.572.9
43.451.811.4
34.813.1
12 315 027.433. 4
9.7
399. 1
3, 061
2, 9371 3191.618
409918
121
119
136
] 40
v 109
P 109p 103p l l ?p98
P 131
p l ! 2p 116P 112"117" 104
p 106P 1 00P 1.14
p 109
P 109
p 103P88P84
P 105p 103
P 106p 100p 114
p 9 7P 103
P91
P118P 108P 105p 120p 114
" 117p i l lp 124P 101p 118
ig 1959; i
418. 3
280. 7
111.688.173.2
43.952. 111.4
35.113.1
I9 314.927.533. 0
9.7
401.0
3. 056
3. 0251,4141.611
395928979
124139118
142140143
111
11110212399
113119
97126102
110103117
113
113
1089892
111110
109102118
10311690
122114109123116
120116130103123
evisions
419.7
281.4
111.487.873.4
43.852. 711.5
35. 213.1
12 415.027.733.1
9.7
402. 3
3, 421
3,3151,6911.624
389956263
136158119
151162143
113
11310612199
116121114123105
110104116
111
111
1059993
105105
108102116
959593
121112107'123116
1191171251 00
423.6
283. 6
113.189.473.6
43.953 011.5
35.613. 5
12 415.327.933. 5
9.8
405. 9
4, 849
4,3682, 4191 , 949
4031,238
294
179
143
2012431 70
116
117110126101
119126126126106
113107120
113
113
1079690
110108
108102117
10110793
121111103124119
121us130104199
427.8
286. 4
115.091.173. 5
44. 253. 711.6
36. 113.8
I1' 515.428. 133. 8
9.9
409. 5
4. 258
4. 0462, 2911. 755
3891,070
282
166214129
1882311 55
115
135111122101
118122129120108
113107119
114
114
1099690
112107
110103119
10611696
123110105128121
1211181301061 99
430. 5
288. 3
114.991.574. 5
44.954. 011.6
36. 213.5
19 515.928. 434. 0
9.9
412. 7
3, 314
3. 2451 . 6911 , 554
410858263
133158114
1461 63133
113
113110116KM)
115118126116110
111106116
115
115
1109996
112106
112104123
10811996
123106107128120
122118131109195
428. 8
287. 4
113.890. 874.4
44.954.411.8
36. 113.1
l '> 615.628. 633. 9
10.3
411.6
3. 244
3.1791.5461.633
411953233
131141120
146163134
112
11210911699
114117120117109
110105117
114
114
10810198
110104
111103123
10411493
121102101123117
12011712710519H
431.9
290. 2
115.292. 075.0
45.155. 012.0
36. 212.8
19 Q
15.828.833. 8
10.4
414.8
2, 413
2, 308850
1 , 458383813227
9579
107
106
119
115
11611212099
117120124119111
114108120
115
115
110105104111105
113105124
10511495
120104114125117
1221181291051 95
435. 2
292. 2
116.192.875.4
45. 355. 412.1
36.412.9
19 715.929.034.5
10.4
418. 0
2,531
2. 310708
1 . 602431904243
9566
118
10567
134
117
11811412299
119122127121113
115110121
116
116
112104103112106
116108126
10711796
120105111128121
122122128101194
438.3
295. 3
118.294.475.8
45.655. 612. 2
36. 612.8
19 7
15.829. 234.2
10. 5
421.2
2. 248
2. 153615
1.538412862230
8857
113
9851
133
117
118115122100
119122129120113
116112121
117
117
11310098
113109
118111128
no12495
122109112131126
1221211291051 9X
439.7
296.0
118.294.576.1
45.955. 812.3
36.812.8
12. 815.829. 434.2
10. 5
422. 6
2. 365
2.342667
1.675
m
9662
123
110
150
117
118114123101
119121128119114
116
121
118
118
1149184
116112
119113128
11312897
124116111131129
1241221291061 9-,
440. 7
296.9
118.194.576.2
46.556.012.4
36.812.8
12.815. 829.634.1
10.5
423.5
2,428
2.407873
1 . 534418854237
9981
113
11482
139
119
119115
'125103
122125129123116
r 116111123
118
118
1148678
119114
122115131
11012297
127118113136129
12412412910419M
441.9
297.8
118. 494.576.4
46.756.312.4
36.912.7
12.815.729.834.2
10.5
424.8
2,792
2,7171.2091,508
395857241
112113111
126118133
113
11310911897
118120119120114
109104115
119
119
1158676
119'114
121116130
11513199
128118111133129
1251221291011 94
' 443. 0
298.1
' 118. 194.1
'76.6
' 47. 0
12! 4
37.0••12.8
12.9r 15.7
30.034.5
10.5r 425. 9
3,272
3,181r 1,463r 1.718
3851,046
271
131136126
144142146
117
116r 109
127102
120122102
r 128'115r 114r 106
123
119
119
11588
rl!8r 113T 121
117r 127r 116
130* 102
128rl!7
112r 133* 127
124122127
443. 0
297. 5
117.593. 676. 6
47.056. 412.4
36. 912.8
12.915.930. 234.7
10.4
425. 9
120
120115127103
1241271 261 97117
1161101 23
119
119
1158982
118113
117127
116131103
127117
134128
1 25
1 9 <\ i
1961 wi l l he shown later. 9 Includes ( ;ita m t shown separately. J Data for I960 hav • •been revised to incorporate more recent informat ion; revisions prior to Aug. 1960 will be
prior to May shown later.
SURVEY OF CURRENT BUSINESS October 1962
Unless otherwise stated, statistics through 1960and descriptive notes are shown in the 1961edition of BUSINESS STATISTICS
1960 1961
Monthlyaverage
1961
Aug. Sept. Oct. Nov. Dec.
1962
Jan. Feb. Mar.I
Apr. May June July Aug. Sept. 9
GENERAL BUSINESS INDICATORS—Continued
INDUSTRIAL PRODUCTION %— ContinuedFederal Reserve Index of Quantity Output — Con.
Seasonally adjusted indexes — ContinuedBy industry— Continued
Nondurable manufactures — ContinuedPrinting and publishing 1957=100.-
Newspapers- . _ _ __ _ _ d o ..Chemicals and products - - - do
Industrial chemicals - do __Petroleum products - - _ _ d o _ -
Rubber and plastics products _ _ _ d oFoods and beverages do
Food manufactures -doBeverages _ do._
Tobacco products do
Minino- -doCoal _- _ do _-Crude oil and natural gas do
Crude oil . - d o _ _Metal mining do^tone and earth minerals -- - -do
I^rilities doElectric doGas do
By market grouping:Final products total do
Consumer tioods ..do-Automotive and home goods do
\utomotive products do\utos -- do .Auto parts and allied products. _do __
Home froods9 doAppliances, TV, and radios.. ...do...Furniture and rugs . do. _ .
\pparel and staples doApparel, incl. knit goods and shoes.doConsumer staples - do
Processed foods do
Beverages and tobacco do_ _Drugs soap and toiletries doNewspapers, magazines, books. _ . doConsumer fuel and lighting .-do __
Equipment including defense 9 doBusiness equipment do
Industrial equipment - _ d o _ _Commercial equipment .. _do_ _Freight and passenger equipment._doFarm equipment .. -do _ _ .
Materials doDurable poods materials 9 ..do _.
Consumer durable doEquipment ._ _ _ _. -do., .Construction do
Nondurable materials 9 . doBusiness supplies do.
Containers doGeneral business supplies do
Business fuel and power _ _ _ _ d o _Alineral fuels doNonresidential utilities do._
BUSINESS SALES AND INVENTORIES §
Mfg. and trade sales (seas, adj.), totalcT hi l .$_. .
Manufacturing, total doDurable goods industries _ do._Nondurable goods industries do
Wholesale trade totaled doDural)le goods establishments doNondurable goods establishments do
Retail trade totaled doDurable goods stores doNondurable goods stores do
Mfg. and trade inventories, book value, end of yearor month (seas adj.), total f . bil.$ .
Manufacturing, total _ _ do_ _.Durable coods industries doNondurable aoods industries do
Wholesale trade tota1^ doDurable goods establishments doNondurable goods establishments - do
Retail trade, total | --- --- do- -Durable s~oods stores doNondurable goods stores ... ... . do_ .
Ill107121127108
114109109108114
97839898Q7
112
12?,123123
111114110
117117117
115112118
114117113109
110118113119
10310510211810192
100102109101107
1 10110109111
10397
121
i 61.04
30.4114.6815. 73
12.334.447.89
18.295.89
12.40
94.13
53.7430. 8622.88
13.216.816.40
27.1812.3314.85
p 113v 106v 128*>137•p nof 115P 113v 113P112P 118
p98*80
MOOv 100P97
P 112
P 131v 131P 129
P l l 2pl!6v 112
p 106M)7
p 121
pl!7P113P 1 19
P 117P 118p 117P 113
P 114P 123P 117P 126
P 104P 105P 100P124
P 99v 98
P 1 06P 100P 100•p 102P 106
p 114p 113p 115P 111
P 105p 9S
P 127
i 01 . 52
30. 7314.5416- 18
12. 564.288.27
18.235. 61
12. 63
95.54
55. 2031.4723 72
13 486.896. 60
26. 8611.5215. 34
114107132142115
123114114115119
9981
10210390
114
135135132
115120118
117110126
120116122
120124119114
11(5120117130
1051001021 979878
11110(i1 1 5105112
1171 1 !',121113
108100130
62. 30
31.3815. 0416. 34
12. 804.368.44
18.175. 46
12.71
93. 62
54.0330.8023. 23
13.606. 836. 77
25.9811.0114.97
114107132143110
12011411411-1116
9782999994
113
135136133
113116110
9682
118
1211191 26
118118119.114
1151 24119127
10610710112810597
10910499
102110
115113118111
10697
132
61. 57
31.3014. 9516.40
12. 084.177.91
18. 135. 61
12.52
94.26
54. 4431.1023.34
13.486. 826. 66
26. 3411.2615. 09
114107133146114
124116116116123
10084
10110199
115
135137132
115119116
110102123
120116124
120121120115
118127118129
10710810212910087
111105101107108
1171141 16112
108100132
63. 20
31.7515.2716.48
12. 874.358.52
18.585. 86
12 72
94.62
54.7831.4023.38
13.446.806. 63
26. 4011.2515.14
115108134147113
124116116116123
10186
102100106111
135135133
117121122
121117127
122117128
120121120115
118127118129
10911010413111195
111105106108107
118116119115
108100131
64. 40
32.1815. 6216.56
13. 124. 468. 66
19. 106. 19
12.91
95. 12
55. 0331.5323.50
13.346. 806.54
26. 7511.4415.32
114108136147108
129114115110120
10186
103100112104
135135134
118122128
129127132
127122129
120123119114
113130116129
11011010613210694
112106112108105
1191181221.15
108100131
63. 94
32.4015. 6616. 74
12. 724.408. 32
18.835.92
12.91
95. 54
55.2031. 4723.72
13.486.896.60
26. 8611.5215.34
114109134146112
119115116115114
9986
10199
11296
137137
116121121
119114126
123120124
120119120114
115126119132
10810810413110191
111105112108100
117115122112
10799
132
63. 90
32.0415. 5016. 54
13.084.558.53
18.845.92
12.92
96. 17
55.7331.8823.84
13. 586.866.73
26. 8611.5215. 34
115108137150110
124115116112116
9983
101100112100
137137
117120120
116109126
124122124
120121120114
113128118132
110110106133103100
113107111110106
119117121114
10899
132
'• 64. 54
32. 8515. 9516. 89
12. 734.538.20
' 18. 965. 9H
12.99
96. 70
56. 1832. 1923. 99
13. 626. 836. 79
26. 9011.4815. 42
115107135148112
124117117115122
9984
101100112102
138137
118122122
116110125
127126126
122124121115
118127118132
111112106135107105
114109115112107
119117124113
10899
133
' 65. 25
33.2216. 3316. 89
12. 764.478.29
19.276.18
13.09
97. 05
56. 5732. 4124. 16
13. 706.876. 84
26. 7811.3815. 40
115107137150111
128116117111122
10186
103102104111
137136
119123127
124119131
130129131
121124121116
115128118132
112113107138105110
115111120116111
119116117115
109101133
66. 14
33. 4816.4017.08
13. 064. 598.48
19. 606.33
13.26
97. 26
56. 6932. 4724. 22
13. 706.886.82
26. 8711. 4315.44
116108141154115
134116117112120
10185
102101101119
140]40
120124129
197126129
131128134
122124121116
115130119133
1 13115109140107114
115111128115115
1211171171 18
'• 109T 100
137
66. 32
33. 5016. 4017. 10
13.384.608.78
19.436. 17
13.26
97. 52
56. 8132. 5824.23
13.786.956. 83
26. 9411.4215.52
117108142156117
136115115113114
10079
10310395
118
143144
121124128
121115128
133131136
123124123116
113134120138
115117110141110117
116110121116114
123119121118
110100138
65. 18
32.9615.8917.08
13.134.528.60
19.096.03
13. 06
97.88
56.9132.5824.34
13.896.976.91
27.0811.4515.62
116109144158114
141117117113114
10280
10510596
118
144144
122125129
128127130
130127133
124124123117
115134120138
116118111142113116
116109126115114
122119121118
111102138
' 66. 43
' 33. 4016.33
r 17. 08
-•13.354.64
'8.7119.68'6.38
r 13. 30
r 98. 15
57.00r 32. 63* 24. 37r 13. 97r7 .03r 6 . 9 4' 27. 18
11. 59T 15. 59
'118112142
T 114
116116
10283
104r 104
91121
T 143
129194190
127195131
]95
120132
r 193122123117
133116
r H8
1191111411171 1 6
116110197114113
122119r?o117
111109
65. 94
33.1916.3216. 87
13 204.518. 69
19 556.11
13 44
97.90
56 9832. 7024 28
13 887. 026.87
27. 0411.4915. 55
118
117
10283
105105
143
122124126
128126
124
124
118120
116111
123
112103
'Revised. p Preliminary. * Total and components are based on unadjusted data.t See corresponding note on p. S-3.'P Includes data not shown separately.••• Corrected.
§ The term " business" here includes only manufacturing and trade. Business inventoriesas shown on p. S-l cover data for all types of producers, both farm and nonfarm. Unadjusteddata for manufacturing are shown on p. S-5; those for retail and wholesale trade on pp. S-lland S-12. cf See note marked "f " on p. S-ll.
t Revised series. Sec note marked "f on p. S-ll.
October 1902 SURVEY OF CURRENT BUSINESS
Unless otherwise stated, statistics through 1960and descriptive notes are shown in the 1961edition of BUSINESS STATISTICS
1960 1961
average
19G1
Aug. Sept. Oct. Nov. Dee.
1962
Jan. Feb. Mar. Apr. May June July Aug. | Sept.
GENERAL BUSINESS INDICATORS—Continued
BUSINESS SALES AND INVENTORIES— Con.
Inventory-sales ratios:*Manufacturing and trade total ratio
Manufacturing total doDurable goods industries do
Purchased materials doGoods in process doFinished goods do
Nondurable goods industries doPurchased materials doGoods in process doFinished goods do
Wholesale trade total doDurable goods establishments doNondurable goods establishments do
"Retail trade total doDurable good1-- stores doNondurable goods stores do
MANUFACTURERS' SALES, INVENTORIES,AND ORDERS
Sales, value (unadjusted), total _ _ _ bil. $ .
Durable goods industries, total 9 _ _ _ __ _ do _ _Primary metal do
Fabricated metal _ _ ___ do _
Machinery doElectrical _ doNonelectrical do
Industrial do
Transportat ion enuipment doMotor vehicles and parts do
"Lumber and fu rn i tu re doStone, clay, and glass do
Nondurable goods industries, total 9 do
Food and beverage _ - doTobacco doTextile _ _ . doPaper doChemical _ doPetroleum a n d coal _ _ _ _ _ _ _ d oRubber _ do
Sales, value (seas, ad].), total do
Durable goods industries total 9 doPrimary metal _ do
Iron and steel doFabricated metal do
Machinery doFleetricnl _ doNonelectrical _ do
Industrial do
Transportation equipment doMotor vehicles and parts do
Lumber and furniture doStone, clay, and glass do
Nondurable goods industries, total 9 do
Food and beverage _ doTobacco doTextile _ doPaper _ _ _ _ _ _ _ _ d oChemical _ doPetroleum and coal_ _ . _ _ _ doRubber _ do
Inventories, end of year or month:Book value (unadjusted), total do
Durable goods industries, total 9 doPrimary metal do
Iron and steeL_. doFabricated metal do
Machinery doElectrical doNonelectrical do
Industrial do
Transportation equipment doMotor vehicles and parts do
Lumber and furniture doStone, clay, and glass do
By stages of fabrication:Purchased materials doGoods in process doFinished goods do__ -
30.41
14. 682. 1 51 341.07
4. 721.95
1.1 i)
3 452 10
. 8*')
.73
15.73
4.70.40
1.211 . 06
3. IS.51
2 53. 90
30.814. 692.812.98
10. 273. 940 332.48
f>. 973. 141.831.43
8. 9012 0510. 56
30.73
14. 542 061 251.68
4 872. 002.871.25
3 241.94.82.70
16. 18
4. 80. 42
1.221. 132. 493.21.50
2 55. 19
31.234.913.053.00
10. 313.966 352. 46
6 933.221.841.46
8. 1312 5610. 54
1 50
1.79
2.05.51.82.71
1. 42.55. 20.67
1.061.57.80
1.432.021.18
32.01
14.682. 201 392.02
4 902. 032.871.279 501.26.99.91
17.32
4.92.46
1. 351 99
3. 33
31.38
15. 04
1.391.74
4 962 022.941 28
3 362. 06. 88.79
16. 34
4 7243
1 231 132 573.22
52
53. 62
30. 594. 552.763. 05
10. 133. 986 152.41
6 873. 081.831 43
7 8912 9610. 44
1 53
1 742 08.5383
.72
1 42.55.2067
1 121. 64
841.452 011 20
32.01
15.092 181 351.88
5 032.112. 921.28
3 071. 72
. 1)0
.83
16. 92
5 00. 42
1.331 172. 673. 13
.50
31.36
14 952.211 361.70
4 942 002 941 99
3 342 00
8379
16 40
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1 271 142 533 21
52
53. 76
30. 654. 622.823.03
10.083. 966 122 42
6 923. 161.841 43
8 01I9 3810. 26
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1 42.542068
1 041 56
781 421 921 19
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15. 972 261 381 . 89
5 '>22. 242 981.37
3 542 25
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.89
17.45
5. 1 6.44
1.381 '>]2. 753. 24
. 56
31.75
15 272. 161 311 75
5 042 043 001 36
3 532 23
8481
16 48
4 8344
1 951 142 633 28
51
54. 23
30. 864.742 922^98
10. 153.976 182 44
7 oi3.221.821 41
8 0912 5010.' 27
1 48
1 712 02.5281
.69
1 42.54.2067
1 021.52
761.401 851 19
32.18
15.662 171 301. 72
5 032 192 841 34
3 ^42 50
8780
16. 53
4 . 8945
1 . 321 16
3. 1 650
32. 18
15 69
2 191 311 80
5 112 103 001 34
3 622 29
8883
16 56
4 8443
1 971 199 653 17
54
54 59
30. 994.822.992. 97
10.223. 98
9 44
6 993. 191.811 49
8 11]•> 5910. 36
1 49
1 702 01.528169
1 42.542067
1 061 57
791 431 951 19
31.21
15. 359 181 351.62
5 142. 212 931 37
3 892 43
7668
15.86
4. 7040
1.251 1 12 3V)3.31
49
32.40
15 662 271 401 80
5 132 103 021 35
3 552 22
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53
55 19
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10. 313.96c o r
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8 131° 5610. 54
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1 44. 562068
1 041 51
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15.092 331 471. 64
4 842 049 80
3 732 35
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16. 34
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1. 291 172 633. 38
53
32.04
15 502 271 421 80
5 102 132 971 30
3 482 02
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52
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9 49
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1 42.552066
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831 421 921 19
30 62
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4 952 059 901 95
3 5K
9 187865
15. 76
4 5837
1 311 I9
9 503 00
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15 952 411 59
1 83
5 999 183 041 39
3 609 16
8880
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4 9543
1 371 919 753 17
56
56 51
32.334.902. 993. 22
10.674.106 fff
2 59
7 943.441.841 59
8 3119 Q ̂ i
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1 43.562067
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^876
17. 50
5 09'11
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2 461 601 $9
5 302 213 091 37
3 7^2 33
8878
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56
56 87
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10. 884.226 PA
2 60
7 253.451.841 54
8 4913 061L23
1 47
1 691 98
597967
1 49.562066
1 051 50
801 371 811 16
33 17
16 412 371 471 80
5 379 19
3 951 36
3 Q49 47
8879
1 6. 76
4 8441
1 341 182 833 06
56
33. 48
16 409 371 401 81
5 3°9 223 091 33
3 9 92 43
8980
17 08
5 0744
1411 199 793 16
54
57 0 0
32.824. 802.863. 38
10.974.29
2 61
7 273. 461.821 55
8 43
11.33
1 47
1 701 99
537967
1 42.5590
66
1 031 51
781 391 851 17
34 67
17 949 3J
1 389 01
5 619 9()
3 401 44
\ 939 70
9187
17.43
5 1546
1 37
3 003 19
59
33. 50
16 402 191 331 99
5 49
9 95
3 171 37
3 969 50
9079
17 10
5 0044
1 <:4Q
1 189 77
3 2056
57 14
32. 964.782.843.41
11.104.39
2 64
7 94
3.411.83i ^
8 50
11.39
1 50
1 732 05
548269
1 43.552067
1 061 54
801 421 901 20
33. 95
16 839 l^
1 949. 03
5 59
3 341 43
'•$ (*69 4.}
9490
17.13
5 1444
1 401 939 783 14
32. 96
15 899 001 161 89
5 999 193 101 39
3 809 35
8881
17 08
5 0741
1 909 71
3 18r.o
57 08
32. 874.762. 843. 40
11.114.44
•> pi
3. 361.84
11.34
r 1 48
r 1 712. 00
80.68
r 1 43
. 55r 21
67
r 1 05T 1 52
801 38
r \ §9
T i 17
T 31 34
15 06r 1 7(1
1 0')1 89
T \ §7r 1 99
9 05r 1 30
T 3 p,g
9 33r ^3
84
M6.29r 4 94
1 911 10
T 2 5gT 3 10
r 53
T 33. 40
K) 339 041 171 90
r 9 193 18
T 1 42
r 4 05
2 608983
r 17 08
T 5 Q1
4 51 '-{7
1 17
r 3 18T R,^
56 6*
* 32. 53M.78* 2. 86
3.34
* 11.01
M.40
r 2 61
3. 161.87
r 11.05
1 48
1 722. 00
80.68
1 44.552168
1 051 55
791 381 881 16
33 96
15.969 OS1 93
5 3°2 243 1( '»1 389 Q'>1 431 07
94
17.99
471 451 992 853 20
33. 19
1C) 'i99 051 1°1 8"
5 399 193 9()1 38
4 009 43
9381
16 87
431 '-{91 19
3 0754
56 55
32. 464. 762. 853. 24
10. 984. 40
9 fi ' -J
3. 341.8-
10. 87r Revised. i Advance estimate. - Total and components are end-of-year data.*Stock-sales ratios are based on the seasonally adjusted sales and inventories series
presented on this page and on pp. S-4, S-6, and S-ll. The ratios are derived by dividingend-of-month inventory book values by total sales during the month. Data back to 1955
for the manufacturing and wholesale trade segments appear on p. 20 of the .1 une 1961 SURVEY:data prior to 1961 (recently revised) for total manufacturing and trade and for retail trade;are available upon request.
9 Includes data not shown separately.
SURVEY OF CURRENT BUSINESS October 1902
Unless otherwise stated, statistics through 1900and descriptive notes are shown in the 1961edition of BUSINESS STATISTICS
1960 | 1961
End ofyear Aug. Sept.
1961
Oct. | Nov. 1 >ee. Jan.
1962
Feb. Mar. Apr. May Juno July Aug. Sept.
GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES,INVENTORIES.AND ORDERS— Continued
Inventories, end of year or month— ContinuedBook value (unadjusted)— Continued
Nondurable goods industries, total Q _ . _ b i l . $._
Food and beverage doTobacco doTextile _ . d o . . .Paper doChemical - - ..do.Petroleum and coal. _ .doRubber do_
By stages of fabrication:Purchased materials - do__Ooods in process doFinished goods do
Book value (seasonally adjusted), total do
Durable goods industries, total 9 do_.Primarv metal __ _ _ ._ _do_.
Iron and steel doFabricated metal ... .. do. .,
Machinery .. . . . . -doElectrical d o _ _Nonelectrical -do-_
Industrial do
Transportation equipment do"Motor vehicles and parts do
Lumber and furniture doStone, clav, and glass d o _ _
By stages of fabrication:Purchased materials _ _ . do
Finished noods - -do _
Nondurable goods industries total 9 do
Food and boveraue <loTobacco <lo ..Textile _. .. doPaper doChemical . _ - -do.. .Petroleum and coal _. doRubber - do . ..
By stages of fabrication:Purchased materials _ .doOoods in process doFinished foods <lo.
New orders net (unadjusted) total do
Durable c'oods industries, total 9 _ . _ ...do ...Primary metal do
Iron and steel do.Fabricated metal do
Machinery ( 'oElectrical <!oNonelectrical _ . _ . . -do
Industrial . _. ... .._ <loTransportation equipment ..<lo
Industries \vith unfilled orders© doIndustries without unfilled orders^ <1°
New orders net (seas adjusted') tot'-il do
Durable uoods industries total 9 (1°Primary metal do .-
Iron and ^tecl do
"Machinery do - -Electrical doNonelectric'il do
Industrial do
Nondurable "oods industries total doIndustr ies with unfilled orders® do
Unfi l led orders, end of year or month (unadjus ted) ,total Ml $.-
Durable goods industries, total 9 do...-Primary metal -do .-
Iron and steel 'loFabricated metal do
A l a c h i n e r y do --Fleet rical do\onelectrical do --
Industr ial do
Nnn( ln r : i 4 ) l p > > n n d ^ i nd nstrifis l o h i l r f ^ do
23. 09
5 182.082. 631.634.193.321.14
8.993.00
11.10
53. 74
30.864.502.623.12
10.404.026.382.51
6. 853.011.841.44
8. 0512 0610.76
22.88
4.982. 032. 67I. 034. 133.311 . 1 2
8. 753. 08
11.051 29. 90
14.241.871 . 091 . 6 1
4. 701. 972 721 . 1 ( 53.38
1 0. ( i t )
3.3812.28
45. 37
42. 853. 41
. 2. 289 73
17.48, 10.21
7. 283.38
14 93
2. 52
23. 96
5 442.282.681. 684. 353.431. 13
9. 383.27
11. 31
55. 20
31. 474.782.893. 16
10. 464.036. 422. 49
6. 873 121. 861. 47
8. 0912 6410. 74
23. 72
5. 242. 172. 741. 684. 283.421. 13
9. 063 37
1 1 . 29
'30.96
14. 742 IS1 . 351 70
4 . 929 (id2 .921.263. 22
16 233. 53
12. 70
48. 20
45. 124.763. 482 9S
18. 1010. 297. 803. 53
14 64
3 08
23. 03
5 121 872.711 664. 163. 431 09
8. 643 30
11 08
54. 03
30. 804. 632 853.02
10. 193. 986.202 40
6 953 141 811.48
7. 7419 ;3i10. 75
23. 23
5. 122 002 .741 . 6s4. 2\3. 3S1. 13
8. 943. 31
10. 97
'3 2 . 42
15.122. 351 . 481 . 99
4.912. 002. 911.282. 85
17 303.74
13. 56
32. 10
15.632.41] . 521.82
5. 042. 102 931.283 61
16. 463. 64
19 82
47. 24
44. 104. 142.879. 90
17. 5910. 157 .443. 43
14. 75
3. 13
1
23.11
f- 231 992 651 644 103. 4 91 10
8 693 28
11 14
54. 44
31 104. 672 853.12
10.233.996. 242 43
6 973 191 851 49
7. 9612 4010.74
23. 34
5. 1 52 052.741.704. 203.421 . 1 2
8. 973. l>9
11.07
32. 18
15.282 131 . 291. 92
5. 382. 363. 021.292.97
16 903. 69
13.21
32. 20
15.742.311.461. 78
5. 382.313 081 . 293 49
16 473.64
12 82
47. 40
44. 304. 092.812 95
17. 95K) 407. 543. 44
3. 11
23.37
5 392 072 611 654 163.501 10
8 853 28
11 25
54. 78
31 404.732 863 14
10.364.066 302 47
7 013 181 861 49
8 0719 f)C)
10 74
23 38
5. 1 52. 062.741.704. 203. 391 .13
8. 903. 34
11.14
33. 56
Hi. 132. 231 . 361. 87
5. 382. 233. 1 51.403 . 5 1
17 433.81
13. (52
32. (53
1(5.072. 321 . 451. 7.r
5. 422.203 221 . 383 62
1(5 5(53 (53
I 2 94
47. 54
44. 4(54. 062. 792 93
18. 1010. 407.713. 48
14 68
3. 09
23. 60
5 462. 112. 641 6(54. 233. 461. 11
9.033 30
1 1. 26
55. 03
31. 534.742.863.15
10.424.076. 342. 47
7.043 171 851.48
8.0819 7010. 76
23. 50
5. 192. 122 751.704. 213. 371 . 1 2
8. 963. 37
11. 17
22. 44
15. SO2 301 . 5%-»1 . 7 1
5 1!2. 1 82. 931.403.80
16 5*3. 74
12. 85
32. 70
16.102. 331. 481 . 85
5. 4(52. 333 131.423 53
16 603 67
12 {)'>
47. 80
44. 664 253. 012. 93
18. IS10. 38
3. 5414.64
3. 14
23. 96
5 442 282 681. 684. 353. 431. 13
9. 383. 27
11. 31
55. 20
31.474.782. 893. 16
10. 404. 036. 422 49
(5.873 1'?1 SO1 47
8. 0919 m10 74
23. 72
5 242. 172. 74l . O S4. '-83. 421. 13
9 003. 37
11. 29
31.01
15.M2 091.S21 . OS
5. 002. 122. 941.303. 82
15 793. 47
12. 32
32. S5
1(5. 242. 821.94I . 84
5. 142. OS3. 001.423. 3 2
10. 013. ( 5 (5
12 95
48. 20
45. 124. 7(53. 482. 98
18. 1010. 29
7. 803. 53
14. 04
3. OS
24. 14
5 402.342.781. 704. 353.311. 16
9.513 36
11 26
55. 73
31.884.842 943. 23
10.564. 126. 449 52
7 003 941 861 48
8.3219 (;410 93
23 84
2. 189 781. 704. 293. 301 . 1 4
9. 2(53. 3S
1 ! . 20
32. 20
1 5. N93.012.041 . 75
5 012. 032. 981.383. 47
16 313. 53
1 2. 78
32 94
16.432 841.861 . 93
5. 372 l>93 091.423 40
1 6. 5 13. (53
12 88
48.97
45. 925. 454.043. 10
18.2710.297. 983. 69
I 4 . 3 S
3. 05
24. 18
5 972 312 831 734 413.301 19
9 533 39
11 ''6
56.18
32 194 892 983 95
10 654. 146 512 53
7 r>3 3'-*1 841 48
8 40\-> S910 90
23 99
2. 192 781. 714.313. 391. 17
9. 353. 40
11.24
31.13
15.332. 381 . 491.04
5. 142. 073.081.363. 48
15 813. 58
12. 23
33. 08
16.192.331. 451 . 83
5. 352. 233. 121.383. 70
16. 893. 75
13. 14
49. 46
46. 375. 574.113. 18
18. 4710.318.163. 80
14.30
3. 09
24. 1 7
5 182 272.891 754 443. 311 21
9 603 41
11 16
56. 57
32 414.912 983 27
10 764.216 552 58
7 143 391 841 49
8 5542 9710 89
24 1(5
5 312. 1 92. SI
4. 303. 411. is
9. 453. 43
1 1 . 28
34. 30
10. 742 301 . 441 . SO
5. 712. 233. 481.513. 90
17 573. 99
13.58
32. 95
1(5.002.211.341.88
5 272 133.141.383. 79
10.953 82
13. 12
49. 20
40. 045. 323.873.17
1 8. 5340. 278. 203.84
14.16
3. 16
24. 19
5 152 202 911 764 413 351 21
9 553 44
11 20
56. 69
32 474 86
2 933 29
10 814 246 579 58
7 ?23 491 821 49
8 5919 9410 95
24 29
2 172 SO1 734 373. 441 IS
9. 493 13
1 1 . 30
32. 45
L5 711 69
. 7 t1 so
5 312. 153. 104.303.99
16 743. 74
13.01
32. 73
15.731.75. 79
1 . 84
2 . 243. 0 1I. 304 00
17 003.75
13 25
48.48
45. 344. 643. 143 1 7
18.4710. 308. 163.78
14 21
3. 14
]
24. 18
5. 102.142. 961.774.333.371.20
9 423.51
11.26
56.81
32.584.852.923. 26
10. 854.256. 592.60
7.293. 501.841. 50
8.6213 0010.96
24. 23
5. 342 182. 841 .744. 363. 401. 18
9. 473.44
11.32
33. 99
1(5 481 981 .101 . 95
5. 36
3. 231.344. 02
17 513. 92
13.59
33 07
15. 971. 83.95
1. 88
5. 282. 173. 111.323. 96
17. 103.80
43. 29
47.81
44. 594. 302.823. 12
18.2410. 227.993. 69
14. 00
3. 22
24 22
5. 122.072.911. 784.343.401 20
9 313 53
11 37
56. 91
32. 584.832. 9-13. 22
10. 894. 326. 582 58
7 293 5'>1 841 52
8 551 3 0°14 01
24 34
5 402 482. 831 7fi4 373. 4"1 • > ( )
9 4(5
4 1 41
33 00
10 511 84
974 90
5 040 343 344 4(53. 94
17 093 83
13.26
3'-* 43
15.444. 76. 93
4 86
5. 462 053 441 3(53 76
4(5 993 76
13 93
47. 45
44. 273. 962. 543. 05
48.2710. 317.963.71
13. 96
3. 18
r 24. 42
r 5 l(j
1 9<»r 2 86r 1 74r 4 35r 3 45
1 19
r 9 22r 3 fl()
r n 30
57. 00r 32. 63
«• 4. 80'2.89
3.23
10.96r 4. 34r 6. 62T 2. 60
' 7.24' 3. 42
1.85' 1 . 53
r S 49
13. 40r 11.04
r 24. 37r 5. 39
2. 17r 2. 81
1 . 75r 4. 39r 3 . 43
1.21
' 9. 39• • 3 . 5 1
r 1 1 . 4 0
r 31.99r 15. 77
r 1 .741.00
' 1 . 95
r 5 .0(5r 1.98r3. 07r 1 . 2Sr 4. 04
r 16. 211 '3. 40
r 12. 82r 33. 2(5
r 16.27r 1.90
! 1.08r 1 . 92
!i r 5. 30! -2.07
r 3. 23M . 38
! 4 . 1 ( 5
r 1 0. 98r 3. 72
r 13.27
" 48. 09r 44. 99
3.91" 2. 51
1 r 3 . 1 11 48.40! r 40. 38! r8.08
'3.09i r 14.34
• r 3 . 11
24.09
5 352 020 784 744 303 454 19
9 133 55
11 41
56. 98
32. 704.822.913.20
41.044.40 i6. 642. 64
7.2S3. 50 !
1.82 !1.54
8.4413. 1411. 12
24. 28 1
5.34 !2. 172. 8!1 744 373. 401. 21
9. 353. 51
11 .4 2
33. OS i
! 5. 322. ( > ' < >1 . 1 72 . i v • " "
5. 082.043.01 ;
1.34 i2 75 \~ ' ' ~
17. 703. S2 i
13.94 :
32. 5h
15. 7(5 i2.041. 191.94
5. 192. 073. 121.38
! 3. 50
16. si3.70
13. 10
47. 22
44 .343 85
i 2 40i 3 .12
; 48. 4440. 17
7.97 ,3. 0(5
14.13
i 2.88 •r Revised. l Total and components are m o n t h l y averages. - Advance estimate.9 Includes data not shown separately.^Includes textiles, leather, paper, "arid printing: and publishing industries; unfilled
orders for other nondurable goods industries are y.ero.
fFor these industries (food, beverages, tobacco, apparel, petroleum, chemicals, andrubber) sales arc considered equal to new orders.
1962 SURVEY OF CURRENT BUSINESS S-7
Unless otherwise stated, statistics through 1960and descriptive notes are shown in the 1961edition of BUSINESS STATISTICS
1960 | 1961
Monthlyaverage
1961
Aug. Sept. Oct. Nov. Doc.
1962
Jan. Feb. Mar. Apr. May June July Aus. Sept.
GENERAL BUSINESS INDICATORS—Continued
BUSINESS INCORPORATIONS^
New incorporations (50 States):©Unadjusted numberSeasonally adjusted* do
INDUSTRIAL AND COMMERCIALFAILURESd"
Failures, total number..
Commercial service do_Construction doManufacturing and mining doRetail trade do. __Wholesale trade do
Liabilities (current) total thous. $
Commercial service doConstruction __ _ _ _. .do._-ATanufacturin°r and mining doRetail trade .do__\Vholesale trade ^o
Failure annual rate (seasonally adjusted)No. per 10,000 concerns. .
15,226
1,287
114217218615123
78. 219
8,28116, 78124, 13620,0918, 930
i 57. 0
15, 128
1,423
123229235691144
90, 844
6,69416, 08427, 10727, 75413,205
' 04. 4
15 07915, 213
1,604
129262260789164
102, 693
6, 35827, 71626, 17529, 38413, 060
74.4
13,61615, 419
1,285
139183182614167
116,664
10, 95010, 04866, 73717,92711,002
67. 5
15 49216. 286
1,446
118221217731159
70 257
3 48514, 58317, 93021, 52412 735
69.5
14 04516,149
1,335
122206258624125
119 214
5 07018, 88335 23723, 49436 530
63.8
14 80215, 818
1,278
104215232606121
65 489
3 45316, 74319 72318, 3617 209
63. 6
18 34315,124
1,447
114231213749140
106 609
8 85819,01739 07128, 88610 777
62. 9
14 36515, 809
1, 353
110251216625151
90 499
5 13426, 49525 02324,6119 236
61.1
17 19615. 713
1 490
143276228701142
80 878
q 99815 61222 42125 044
7 803
59 4
15 65315, 402
1 504
119273200767145
121 831
5 44024 58649 67731,69110 437
65.0
16 40815,260
1 378
102237229664146
91 512
8 27015,79829 65927, 56910 216
58 7
15 >;>3414.904
1,281
113194237606131
88 493
5 44513, 62732 82127, 0659 535
57.3
14 95715. 247
1, 165
106187215545112
91 574
5 64222,41221 59829,99911 923
58.3
14 95515, 104
1. 319
120217227622133
146 832
6 97733, 61836 17053, 18016 887
62.5
COMMODITY PRICES
PRICES RECEIVED AND PAID BY FARMERS
Prices received, all farm products! 1910-14=100..
Crops loCommercial vegetables loCotton loFeed grains and bay 1°Food grains _ _ _ _ . . _ - lo
Fruit loOil-bearing crops loPotatoes (incl dry edible beans) doTobacco do
livestock and products doDairy products doMeat animals doPoultry and eggs do"Wool ' do
Prices paid:Ml commodities and services - do
Family living items . ._ _.. do _Production items do
All commodities and services, interest, taxes, and\\age rates (parity index) 1910-14=100..
Parity ratio§.- do
CONSUMER PRICESJ
( U.S. Department of Labor Indexes]
Ml items! 1957-59—100Special group indexes:
•Ml items less food doMl items less shelter do
All commodities dol\rondurablcs doDurables do
\pparel doFood 9 d o _ _
Dairy products _ doFruits and vegetables, d o _ _Meats, poultry, and fish do
Ilousine9 doGas and electricity _ _ doHouseftirnisliings doRent .- do
Medical care doPersonal care ... do__ .Reading and recreation, do
Transportation doPrivate doPublic do
Other goods and services do
'238
224254151203
241214204500
953259296160''35
290265
299
80
103 1
103 7103 ()
101.7101 9100 7105 0
102. 1101.4103. 2103. 899.1
103 1107.0100 1103. 1
108. 1104 1104.9
103. 8103. 2107 0103. 8
240
226218262151209
246257158526
951259999116930
27f>291260
' 302
r 79
104 '-*
101 8104 ''
102. 110° 8109 5107 6
l 'V> 8102. 6104. 8104.299. 3
103 e107. 999 5
104 4
111.3104 6107. 2
105 0104 0111 7104. 6
240
228201276154209
244259153536
2502 5630114193 i
276291265
301
80
104 3
101 ()104 3
102. 5102 9101 0107 7
102 5102. 7104 7107. 198 3
103 8107 799 1
104 4
111.7104.8107.4
106 0105 0112 3104.9
242
229202
156214
242141541
25326730313s
«;'_>(-)
276291266
301
80
104 6
105 3104 5
102. 8103 1101 ()107 9
103 6102. 610 P 1102. 399 2
104 0107 899 7
104 7
111.9104. 8107.9
106 0105 1112 5105. 0
240
226198286154217
22 r)242135537
2~°29714199 S
27t>291265
301
80
104 6
105 5104 7
102. 9103 0101 7108 0
103 9102 5105 199 499 5
104 i107 899 5
104 8
112.3104 6108.3
106 7105 8119 ^
105. 0
239
224223280149218
l>07248134540
251
293140
276291905
301
79
104 6
105 6104 5
102. 610° 7101 6108 °
103 7101 9105 598 498 5
104 °107 899 3
104 9
112. 4104 8108. 1
106 8105 9119 7105.0
240
2242119{>9150219
216250130514
9 f ) l971299146
292267
302
79
104 -)
105 5104 4
102. 41()9 (j
101 110K 5
103 5102 0105 699 898 5
104 1107 8
9Q 9105 0
112. 5105 l >108 2
106 0104 9113 3104! 9
242
225259257152218
9Q8
9 501°7538
''OS304
978293^68
304
80
104 r)
101 v
104 4
102. 3]()9 (;
100 8108 7
101 S102 5105 6100 6
t)9 8
104 4107 *
98 7105 1
112.6105 6108 5
106 0104 8114 7104. 9
243
22627224615°219
216
125549
2572633051 54
279294268
305
80
104 8
105 5104 ^
102. 7103 I100 8108 y
102 0103 1105 1102 9100 6
104 (j107 999 3
105 2
113.0105 8109. 1
106 0104 7114 8105. 0
244
233314948153293
2°925'?139543
254955307147
279291969
305
80
H)i o
1M5 7105 0
102.8103 2100 9109 0
102 7103 2105 0104 4100 6
104 6107 999 5
105 3
113.6105 9109 2
105 9104 6114 9105. 1
242
2363122681552 94
99 0
9r)5
137543
946240303139
280294270
r 307
79
105 2
106 0105 2
103. 1103 5101 4109 2
102 7103 4103 7108 6100 1
104 6107 899 3
105 4
113.9106 3109 4
107 2106 0115 6105. 1
242
243325
1 59930
2io2 5 5189543
940239303130200
9 80296909
r 307
79
105 9
106 0105 '>
103.01 03 2101 51 09 4
109 7103 2103 0109 499 6
104 7107 799 0
105 5
114.1106 4109 5
107 3106 0115 6105. 1
239
2369589751 r>7930
9039r)3
220r>43
94923()305l '>8
9792949(>X
305
78
105 3
106 1105 3
103. 1103 4101 (i109 5
109 8
103 5109 7111 999 7
104 8107 799 1
105 6
114.4106 1109 2
107 3106 0115 6105. 2
240
2312202751 55
19 19^9905549
9409393 1 0133
979994268
305
79
105 5
106 1105 4
103. 1103 5101 51 09 8
109 9103 8103 5109 9100 8
104 8108 099 0
105 7
114.6106 8no o
106 8105 41156105.6
244
2')()2012751 51990
0439451 74518
94831 8141
279294268
305
80
- 10'r 5
106 2105 5
103. 2
101 7109 9
102 5103 8103 9105 9
102 6
108 0QQ C
105 8
114 6106 8110 3
107 4106 2115 7105. 5
25093220198()154226
2662381 53F>2r)
26695832fi153251
281294271
307
81
r Revised. i Based on unadjusted data. 2 index based on 1947-49=100 is 129.4.cf Data are from Dun & Bradstreet, Inc. ©Figures in 1961 BUSINESS STATISTICS volume
cover 49 States (Alaska not included); see July 1961 SURVEY for unadjusted data back to Jan-uary 1960 for 50 States. *New series. Data for Jan.-Dec. 1959 (49 States) appear in theOct. 1961 SURVEY. For revised data (50 States) for 1960, see similar note in the June 1962SURVEY.
^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 this issue of the SURVEY.9 Includes data not shown separately.
S-8 SUEVEY OF CUEEENT BUSINESS October
Unless otherwise stated, statistics through 1960and descriptive notes are shown in the 1-61edition of BUSINESS STATISTICS
1960 1961
Monthlyaverage
1961
Aug. Sept. Oct. Nov. Dec.
1962
Jan. Feb. Mar. Apr. May Junei
July Aug. Sept.
COMMODITY PRICES—Continued
WHOLESALE PRICESd"!
(U.S. Department of Labor Indexes)
All commodities t 1 957-59=100..
By stage of processing:Crude materials for further processing doIntermediate materials, supplies, etc doFinished goods© _ __ do _._
By durability of product:Nondurable goods doDurable goods do_ _
Farm products 9 doFruits and vegetables, fresh and dried... doGrains doLivestock and live poultry do..
Foods processed 9 © doCereal and bakery products doDairy products and ice cream. _ _ do .Fruits and vegetables, canned frozen doMeats poultry and fish do
Commodities other than farm products and foods1957-59=100.-
Chemicals and allied products 9 doChemicals, industrial doDrugs and Pharmaceuticals doFats and oils, inedible doFertilizer materials doPrepared paint do
Coal doElectric power Jan 1958 — 100Gas fuels doPetroleum products refined 1957~59 — 100
Furniture, other household durables 9 do
Furniture, household doRadio receivers and phonographs do _Television receivers do
Hides, skins, and leather products 9 do
Hides and skins __ ___ _ do - -Leather do
Lumber and wood products do.Luinbcr _ _ _ _ _ _ _ _ _ _ d o
Machinery and motive prod 9 doAgricultural machinery and equip doConstruction machinerv and eouip doElectrical machinery and equip doMotor vehicles do
Metals and metal products 9 doHeating equipment doIron and steel _ _ doNonferrous metals do
Nonmetallic mineral products 9 doClay products, structural doConcrete products doGypsum products . _ do
Pulp, paper, and allied products doPaper do
Hubber and products doTires and tubes do
Textile products and apDarel9 doApparel doCotton products .. _ - do ---Manmade fiber textile products doSilk products doWool products do
Tobacco prod, and bottled beverages 9 ...doBeverages, alcoholic doCigarettes _ _ _ _ do.
Miscellaneous _ doToys, sporting goods do
PURCHASING POWER OF THE DOLLAR*
As measured by —Wholesale pricns 1957-59—100
100.7
96.6101. 0101.4
99.9101.7
96 9100. 694 296.0
100.0103 2105. 099. 597.8
101.3
100.2100. 5100. 281.5
102.2100. 7
99. 698. 8
101.9116.697. 6
100. 3
96. 1100. 3101.4
99. 6101. 3
96 093. 795 692. 5
100. 7105. 1107. 5101.795.4
100. 8
99. 198.498.387.5
104. 3103.6
97.7102. 4118.799 3
100. 1 99. 597 0 us 9
101.61)5. 298. 1
105.2
100. 5103.5
100. 499. 8
102 4105. 4105 8101.3101.0
101.398. 2
100. 6103. 9
101.4103. 1102 4101.9
101.8102. 0
99. 993.0
101. 5101.3104. 497. 5
105 798. 2
102. 5100. 3101. 4
99.3100. 2
QQ 3Consumer Drices--. _ _ . d o ; 97.0
102. 891.497. 1
106. 2107.4107. 9106.0
95. 994. 7
10l) 3107. 4107 5100. 0100. 7
100. 794. 0
100. 7100. 4
101.8103. 2102 5103. 8
98.8102. 2
96. 192.4
99.7101. 0100. 493.4
113.297.1
103.2100. 6101.4
103. 9100. 9
99 796. 0
100. 1
97. 099. 8
101.3
99. 3101.3
96 7
100. 0
96. 099. 9
101.2
99. 2101.3
05 991.7 89.497 3 97 9.93.3
100. 4105. ()107. 299. 995. 8
100. 6
98. 6
97.' 684. 9
102.6103. 7
90. 2
100.3105. 3108. 099. 895. 3
100. 7
98. 3
97. 080. 9
102. S103. 7
100. 0
95.999.7
101.2
99. 1101. 1
95 189. 197. 089. 4
100. 5100. 0109. 5100. 494.7
100. 5
98. 297.397. 178. 1
104. 4103. 6
96. 7 • 97. 4 98. 0102.4 i 102.4 102.5116.6 i 116. 9 ! 119. 498. S 97. 3 95 8
99. 3 99. 4 ! 99. 4<)5 1 MS 1 ; US 9
102. (i90. 296. 9
108. 0107. 4122.2108. 4
95. 995. 0
102 0107. 4107 699. 1
100.8
101.295. 0
100. 9101. 8
101.8103. 1102 5105. 0
96. 5102. 4
96. 292. 9
99. 5101.0100 292. 6
117. 197. 8
103. 3100.5101.4
103. 0101. 4
99.995. 9
102. 9 103. 189. 3 S9. 3HI). 9 96. 1
Ids. 4 10S. 9
109. 7
95. 694. 7
102 0
121. 2111.5
94. 894. 0
109 1107.2 107.4107 6 107 t.\99. 1
100. 7
101.394. 7
101. 1101.9
101.8103. 2102 6105. 0
98. 9102.0
96.392. 9
99. 7101. 1100. 992. 6
117.198. 2
103. 8100. 6101.4
103. 0101.3
100. 095. 6
99. 5100. 5
100. 994. 4
100. 9100. 9
102. 1103. 3102 7105. 0
99. 6102. 0
96. 292. 9
100. 1101. 2101. 592. 6
114.697.7
103. 8100. 5101.4
100. 7101.6
100. 095. 6
100.0
95.4100. 0101.3
99. 3101. 1
95. 689. 998. 889. 4
100. 2106. 1109. 6100. 593.6
100. 7
98. 197.397.376. 4
104. 7103. 6
98. 3102. 61 1 9. 3
97. 2
(I5 1103. 589. 496. 1
108. 6
117. 4110.7
94. 893. 8
102 2107. 8107 699. 5
100. 4
100. 494. 0
100. 1100. 2
101. 9103. 3102 5105. 0
99.2102.0
95.592.0
100. 2101.2101. 793. 1
114.297. 7
103. 8100. 6101.4
105. 1101. 6
100.095. 6
100. 4
96. 4100. 3101. 5
99.7101. 1
95. 987. 298'. 492. =1
101.0106. 1110.2100. 495. 9
100. 9
98.197. 197.378.4
104. 7103. 6
100. 698. 6
102. 5118. 498. 9
99. 394. 9
103. 389. 196. 2
108. 2
112.5110.5
94. 693. 7
102 3108. 5107 699. 5
100. 3
100. 694. 5
100. 2100. 8
101. 6103. 3102 4105. 0
99. 6102. 0
94.589.9
100. 3101. 2101.993.2
111.497.7
103. 8100. 5101. 4
1 06. 3100.9
99. 695. 7
100.8
97. 8100. 3102. 1
100. 5101. 1
97. 997. 097.295. 7
102. 0106. 9109. 199.399.2
101. 0
98.497. 397.2S3. 0
105. 8103. 7
101.098. 7
102. 5118. 199 6
100.7
97.5100. 2102.1
100. 3101. 2
98.2103.996.794. 5
101.8107. 3109. 199.898.7
100.8
98.196. 897. 177. 0
106. 3103. 7
100. 498.7
103. 0122.0
97. 8
100.7
97.6100. 3101.8
100. 2101.2
98.4105. 797.495. 7
101.6107. 4108.099.398.4
100. 8
98.096. 697. 181.3
103.7103. 7
98. 998.7
103. 1119.495. 3
99. 3 ; 99. 1 j 99. 095. 0 ! 95. 0 1 94. 9
103.4 103.5 ! 103.489. 4 ; 87. 8 j 87. 193. 7 93. 7 93. 7
108.2 107.7 107.4
110. 1110.9
94. 794. 0
102.3108. 8107 799. 0
100. 3
100. 793.8
100. 6100. 5
101. 9103.4102. 4105. 0
99.9102. 0
94. 188.5
100. 3101.2102. 093. 3
111.597.8
103. 8100. 7101.4
106. 7100. 5
99. 295. 7
105. 4110.6
95.294.8
102. 3109. 2107 698. 9
100. 2
100.693.8
100. 4100. 3
102. 1103. 5102. 8105. 0
99.9102.5
93. 587.0
100. 4101.2102. 293.3
113.298.1
103. 8100. 7101. 4
105. 6100.3
99. 395. 4
103.8109. 6
96. 295. 8
102.3109.4107 698. 9
100. 1
100. 493.799.8
100. 1
102.2103. 6102.8105. 0
101. 0102. 7
93.687.6
100. 5101.3102. 493.5
116.398.3
104.0100. 8101.4
105. 6100. 5
99. 395.2
100.4
96.5100. 5101.4
99.7101. 2
96. 999.398. 594.1
100. 2108. 0106. 099.095. 6
100. 9
97.996. 597. 079. 3
103. 7103. 7
100. 295. 3
103. 0115.398. 9
9S. 991.7
103. 486. 893. 7
106. 9108. 7103. 3109. 5
96. 896. 8
102. 3109. 2107. 79S. 9
100. 1
100. 393.799.699.8
102.4103.6102. 8105. 0
101.3103. 1
92 986. 1
100. 5101.3102. 493. 7
121.698. 6
104. 0100. 8101.4
106. 0100. 5
100. 2
95.8100. 4101.2
99. 5101.1
96.2107. 5101.091.4
99.6107. 5104. 598.695. 5
100. 9
97. 796.397. 077. 1
103.6103. 8
99. 794. 6
102. 9116.697. 9
9(J. 004. 3
103. 787. 295. 5
107.2108. 7105. 4110.6
97. 197. 5
102. 3109. 3107. 798.9
100. 1
100. 293.199. 299. 9
102. 1103. 6102. 6105. 0
100. 8103. 1
93.286.4
100. 7101.4102. 194.5
126.498.9
r 104. 1r 101. 1
101.4
106. 0100. 5
100. 0
95. 2100. 2101. 1
99.3101.0
95.398. 399.991.6
99. 8107.8105. 099.195. 7
100. 7
97.696.297. 073.4
103. 6103.8
99. 694. 6
102. 8113.898. 1
98. 994. 3
103.984.894.9
108.0108. 71 08. 5110.0
97. 397.6
102. 2109. 5107. 798. 7
100. 9
99.892. 998.999.3
101. 9103. 6102. 6105. 0
100. 5103. 1
93. 086.4
100. 8101.5102. 094.6
130.799.1
104. 1101.1101.4
105. 4100. 5
100. 4
96. 5100. 3101. 5
99. 8101.0
96. 5r 92.2
99. 195. 8
100. 8108. 1105. 798.799. 0
100. 8
97. 290. 195. 173.5
101. 0103.8
100.095. 3
102. 81 19. 798. 0
98. 893. 9
104. 185.494.3
107.5108.8104. 2108.4
97. 598. 0
r 102. 3109. 5107.698. 4
100. 9
99. 792. 998. 999.0
101. 6103. 6102. 8105.0
100. 0102.6
92.786.4
100.9101.8101.994. 7
130.299.3
104.0100. 7101.4
107. 6101. 0
100.5
97.2100. 1101.7
100. 0101. 0
'97.6r 90. 9
98. 198.5
101. 5108. 0106. 1
r 97. 1
101.0
100. 6
97. 095. 9
r 95. 073 098 4
103. 8
99. 595. 6
102. 8117.897. 2
98. 793. f ;
104. 085. 494. 3
r 107. 010S. 8105. 1
r 106. 9r 97. 4r 97. 7
102. 3109. 4107. 798.2
100. 9
99. 8r 92. 9
99. 199. 0
101.6103. 6102. 8105.0
99.7102. 6
92.786.4
100. 8101. 8
r 101. 794.3
132.499. 3
1 04. 2101. 1101.4
107. 2101. (
101. 2
99. 2100. 2102. 5
101 . 2100. 9
100. 694. 998. 6
104. 4
103. 3107. 8106. 096. 4
106. 7
100. 8
96. 995. 995. 0' ( )
98. 6103. 8
100. 896. 7
102. S120. 1
99. '2
98. 693. 4
104.085. 194.3
107. 5108. 8110. 8106. 6
96. 997. 3
102. 3109. 3107. 798. 1
100. 9
99. 792. 699.098. 9
101.6103. 6102. 8105. 0
99. 5102. 6
92. 786.4
100. 6101.6101. 394. 0
125. 299.4
104.2101. 1101.4
109. 1101. 1
99. 695. 1
99.895.1
100.095.0
99. 694.8
r Revised. i Indexes based on 1947-49 = 100 are as follows: Measured by—wholesaleprices, 83.2 (Sept.); consumer prices, 77.3 (Aug.). cf For actual wholesale prices of individualcommodities, see respective commodities. JData reflect conversion to the 1957-59 = 100reference base period. Monthly and annual data for earlier periods for major componentsappear on p. 20 of this issue of the SURVEY.
O Goods to users, including raw foods and fuels. 9 Includes data not shown separately.©Revisions for Mar.-Dec. 1960 appear on p. 20 of this issue of the S U R V E Y ; those for
Jan.-June 1961, respectively, are as follows (1957-59=100): 102.0; 102.6; 101.7; 100.9; 99.8;99.0.
October 1!K)2 SURVEY OF CURRENT BUSINESS
Unless otherwise stated, statistics through 1960and descriptive notes are shown in the 1961edition of BUSINESS STATISTICS
1960 1961
Monthlyaverage
1961
Aug. Sept. Oct. Nov. Dec.
1962
Jan. Feb. Mar. Apr. May June July Aug. Sept.
CONSTRUCTION AND REAL ESTATE
CONSTRUCTION PUT IN PLACE
New construction (unadjusted), total rail.$_.
Private total 9 do
Residential (nonfarm) 9 doXew housin° units doAdditions and alterations do
Xon residential buildings, except farm andpublic utilities, total 9 niil. $..
Industrial _ _ _ - doCommercial 9 do
Stores, restaurants, and garages* doFarm construction . doPublic utilities do
Public total . _ .- _ _ d o _ _ _
"Von residential buildings doMilitary facilities doTTighwavs _ _ _ _ doOther tvpes - -- do
Xew construction (seasonally adjusted at annualrates) total mil $
Private total 9 do
Residential (uonfarm) doXonresjdential buildings, except farm and
public utilities total 9 mil $Industrial doCommercial 9 do
Stores, restaurants, and garages* _ do..Farm construction doPublic ut i l i t ies do
4, 630
3, 300
1.8791. 308
433
847238348172107444
1, 329
399110455359
Public total 9 do
Xonresidenti'il buildings doMilitary facilities - - d o |Highways do i
CONSTRUCTION CONTRACTS
Construction contracts in 48 States (F. W. DodsreCorp.):
Valuation, total . mil . $Index (mo. data seas, adj.)* 1957-59 = 100..
Public ownership mil $Private ownership _ _ _ _ _doBy type of building:
Nonresident!;)! doResident ial _ doPublic works _ ._ _ .... . doUtilities _. do
Engineering construction:Contract awards (ENK) § do
Highway concrete pavement contract a wards rd"Total thous st'i yds
-\irports - do7?oads doStreets and alleys do
HOUSING STARTS
New housing units started:Unadjusted:
Total, ir.cl. farm (public and private). ,. thous.-One-fan ' i ly structures __ _ _ _ . .do. _
Privately owned _ _ do
Total nonfarm (public and private) , do _In metropolitan areas do
Privately owned do
Seasonally adjusted at annual rates:Total, including farm (private only). . doTotal nonfarm (private only) do
CONSTRUCTION COST INDEXES
Department of Commerce composite1947-49=100--
American Appraisal Co., The:
Atlanta doNew York _ . do
3, 026105
1.0491.978
1,0201,259
5791 69
1,888
9,315(121
5, 0533, 041
108.084. 1
104. 3
ICG. 274. 0
102. 5
144
722793783
San Francisco do 677St. Louis do 700
Associated General Contractors (building only) !1013 = 100- - ! 533
v Revised. ' Not available. 2 Revisions back to Jareport C30-40.
9 Includes data not shown separately.*For data prior to Aug. 1900 for stores, rcstau -ants, etc
data prior to Mar. 1901 for F. W. Dodge index will be shown
4,783
3, 364
1, 8751, 349
428
890230389193123449
1, 420
428114485393
3,114108
1 , 0522, 002
1,0191, 348
5811 60
1,832
8, 939470
5, 3903, 073
113. 081.7
108. 0
110.07S 0
100. 3
145
741810814703720
543
n. 1959
., see Bilater.
5, 402
3,723
2, 1091, 578
428
937213410215100497
1, 079
402113051453
2'58,054
41.281
23, 300
10, 0292, 5884, 6402,3471,6545, 470
2 '16, 773
2 r 5, 0732 '1,195
5, 702
3, 543116
1,1582, 384
1.0S71,589
687179
2, 220
11,705802
7, 0583, 906
130. 196.1
127.0
127. 487.5
124.2
1,3261 301
146
809820706722
547
will app
rcau of C
5, 473
3,740
2 1221, 602
417
949218421220147503
1,733
463138685447
r 58, 896
41, 709
23, 782
10,7112,6104,7182, 3981 , 5905, 4> ) l )
'17, 187r 5, 101' 1,364
5, 960
3. 004103954
2, 050
9871,381
534103
1,657
0, 929304
3, 2033, 423
128. 291 . 5
122. 4
126. 590. 9
120. 7
1,3831, 365
145
809821708722
547
ear in C
Census re
5, 325
3,698
2, 0941,607
383
954221425224127504
1,027
45978
651439
r 59, 037
41,767
24, 026
1 0, 6562, 0084. 6812,3881 . 4725 404
••17.270
r 5, 132r 9('f>
6, 340
3, 291114
1,0212, 270
1,0051 , 498
631150
1 , 869
8, 071174
5,4183, 080
128.994. 1
124. 0
126. 488.0
121.5
1,4341 , 404
145
819821715
547
ensus
ports;
5, 190
3, 003
2, 0531,503
388
948221424228112472
1,587
418165603401
' 60, 744
42, 044
24, 504
10,5402, 5544, 0082,4131,4165 380
r 18. 700
r 5, 175r 1,457
7, OP9
3, 008116942
2, 066
1 . 0951,300
496111
2,071
9, 192
5,1173. 748
105. 574. 1
102. 5
103. 871.9
100. 8
1,3511, 328
144
si's819
731
547
§1mom.
o71
4 wee
4, 659
3, 345
1,8961, 432
366
908221398203
97427
1,314
39179
490354
T 59, 000
41,881
24, 440
10.564
4, O i l2. 4341.3375 337
r!7, 125
r 5, 087' 1.001
6, 235
2. 7.1 2119
1,0911 , 021
8X31,125
597107
1.351
5, 706112
4 , 1 1 4] . 47P
86. 754. 482.4
84. 562. 780.2
1.2971. 257
145
8(5815711731
547
)ata foris, 4 weeData forks.
4,082
2,962
1, 6291,208
324
86322536517592
360
1, 120
38554
332349
r 59, 166
41,077
23. 187
10,9822, 5904. 9282,6121.3165 357
r 18,089
' 5, 058' 924
7, 250
2, 658115922
1,730
8531, 190
88
1, 501
8, 896382
0. 3382. 170
83. 054. 480. 0
81.7
79! 3
1 '>731, 247
145
S25711733
550
Autr. anks.Aug. an*
3,773
2,769
1,4721,078
298
83522434616390
355
1,004
35370
241340
r 56, 714
39, 909
22. 245
10, 8492, 5924, 7562, 4441,2845 '}74
' 16.81)5
••5.116' 1,211
5,414
2, 749119877
1.871
8931, 192
488176
1, 800
6. 3SO4)6
4 , 7 1 21, 257
77. 853. 870. 4
55. S75. 3
1 , 1 521.134
147
824825711733
550
1 Nov. 1
Oct. 196
4, 131
2,987
1,6291, 192
343
83322134816796
410
1,144
39295
279378
'57,748
40, 553
22, 507
11,0332, 653
J:iS1 . 2955 449
' 17, 195
'• 5, 069r 1,328
5, 771
3, 980131
1, 4752. 51 1
1 , H25
800303
2. 151
6. 5304 OS
4,1701,953
117.979. 8
115.4
110.383. 9
113. S
1,4311 , 407
147
824825711735
550
961 and
land Jan
4,600
3,325
1,9281, 345
487
839223348161107433
1, 275
425103339408
' 58, 279
41,747
23,484
11,2342, 7924, 7932. 3531, 3855 388
'10.532r 5, 106r 1,381
5, 057
3, 86012 1
1,2112, 650
1,1021,810
702241
1. 6*7
8, 8888-:- 8
5, 6942, 346
151.6101.7147. 0
149. 5110.6144. 9
1 , 5421.521
148
824825711735
552
Mar., A
. ,May, i
5, 319
3 8^1
2, 3081,514
692
894229383185
470
1, 498
436114509439
'60,764
43. 472
25.018
1 1 . 2572. 8*04! 7522. 2681 . 4665, 481
'17,292
' 5. 1 22' 1.354
5. 830
4. 009117
2. 7S2
1.2754,819
729486
2, 252
9, 7907S7
4, 9734.037
150.4107.7154.2
154.9112.0152.7
1.5791 , 500
147
«i824711738
.ay, and
md July
5, 826
4.112
2,4921, 697
686
971235433225137489
1,714
472157618467
62, 678
44, 842
26,118
11.4032. 9504, 8052, 3521,5315. 539
17,836
5, 2571,5495, 9S9
3, 9001^0
1 3312, 509
1.2421, 656
724277
1.821
10, 846
6, 4453, 674
' 139. 5r 96. 9
r 130. 2
' 137.0r 90. 2
' 133. 7
' 1.425' 1, 399
148
754825825711742
555
Aug. 19
1902 are 1
' 5, 743
' 4, 078
* 2, 388' 1,759
' 516
1,025239469252147
'491
' 1 , 665
461'94643467
' 62, 084
'44,908
'25,987
11,6612, 9625,1102, 588
'1.533' 5, 444
'17,176
' 5, 043'1,170
5, 876
3, 747117
1 2312.516
1,1971 , 023
719207
1 . 90S
8. SOI1.0174. 4433, 402
' 437. 0r 134. 2
' 435. 7' 97. 1
' 132. 3
' 1,448'1,429
148
758833845711743
556
62 are fo
or 5 wee!
'5,813
' 4, 062
' 2, 339' 1, 782
M43
1,039241471246
' 154'503
r 1, 751
'4640)
700480
'62,483
'45,022
' 25, 804
11,8302, 9365, 2732, 688
' 1, 566' 5, 524
'17,461r 5, 067
0)0, 195
3, 631118
1 0302, 591
1,1771,051
(526176
2,184
10,414421
0, 2053, 788
147.1
145. 5
143. 997. 0
142. 3
1,5211,492
148
700833845718743
558
r 5 week
cs; other
5,851
4, 075
2,3351,802
421
1,037245465234152522
1,776
4650)C1)C1)
62, 953
45, 371
26, 059
11, 7232, 9305, 2142, 5491,6495, 623
17,582
5, 1080)C1)
1,621
6, 986123
4,4152,447
148
558
"s; other
months,
S-10 SURVEY OF CURRENT BUSINESS October 1 <)(•>!:
Unless otherwise stated, statistics through 1960and descriptive notes are shown in the 1961edition of BUSINESS STATISTICS
1960 1961
Monthlyaverage
1961
Aug. Sept. Oct. Nov. Dec.
1962
Jan. Feb. Mar. Apr. May June July Aug. Sept.
CONSTRUCTION AND REAL ESTATE—Continued
CONSTRUCTION COST INDEXES— Con.
K. II. Boeckh and Associates: 1 *Average, 20 cities:
All types combined 1957-59 — 100Apartments, hotels, office buildings doCommercial and factory buildings doResidences " .-do.- .
Engineering News-Record: OBui ld in<T doConstruction - -do
liu. of Publ ic Roads— Highway construction :tComposite stand mile (a v^ f o r q t r ) 1957-59=100
CONSTRUCTION MATERIALS
Output index :Composite, unadjusted 9 1 - _ 1947-49= 100. .
Se-worallv ' 'ui 'u^ted 9 | do
Iron and si eel products, u n a d . i u s t e d j _ _ _ _ . . d o _ . -T u T i ' b n r and wood products, unadj . j . __ d o _ _Por t l and cement , unadjus ted . . ...do
REAL ESTATE
M ortgage applications for new home construction :*Applications for PI I A commitments
thous. units _Seasonally adjusted a n n u a 'rate do
Request s fo r V 4. appraisals do
f f o m e mortgages insured or guaranteed by —Fed. I lous. Adm.: Face amount . _ m i l . $ _ .Vet -\drn • Face amount do
Federal ITornc Loan Banks, outstanding advancesto member institutions -_mi l . $.-
New mortgage loans of all savings and' oan associa-tions estimated total mil $
By purpose of loan:Home construction doHome purchase doAll othe r purposes do
New n on farm mortgages recorded ($20,000 andunder"1 " stimated total mil $
Von firm foreclosures number
Fire losses mil $
104. 7105. 0104. 7104. 2
10(1 1108. 4
' 94. 1
181. (i
128.0131.71 59. 0
20.2
11.9
388. 38165.42
2 ] , 981
1 , 1 92
890511291
2, 4-154, 279
92. 82
105 6106.8105. 01 04. 5
1 07. ?111.5
1 94. 9
130. 2
180.2180.8161.6
20. 3
~ 14.8
897.101 52. 63
2 2. 662
1 , 4 4 7
42860!428
2, 5966. 090
100. 75
106. 2107. 010f>. 1105. 1
108. 8112.4
153. 1189 2
150. 2151.9199.0
24.4238
17. 4
4H3. 35I S ] , ( i n
2. 00 1
1.703
49S785480
3, 0040. 848
91.63
106.3107. 1106. 31 05. 2
108. 4112.4
95. 1
141.2135 5
1 44. 5137. 71 ss. 3
19. 6222
l.Cf
422. 39167.99
2. 124
1. 594
4 3d695403
6,214
76. 98
106 2107. 1106.2104. 9
108. 3112.4
144. 51°7 7
144.7142. 9193.5
22. 1272
16. 1
432. 48200. 9!
2, 202
1 , 629
464696469
2, '.Ml6, 352
86. 93
106 2107. 0106. 2104. 9
108. 31 12. 5
126. 8132 7
123. 2181. 1165. 3
17. 4265
13. 5
483. 73205.91
2, 2S8
1 . 529
436645448
2. 7546, 564
1 1 5. 85
106. 3107. 1106. 8104. 9
108. 2112.5
109.5127 7
105. 8113.9139. 9
16. 4299
11.0
425. 65197.11
2. 662
1, 500
417,"98485
2, 5796, 151
109. 52
106 4107. 3106. 4105. 1
108. 3112.5
114.8] • > • ) ^
112.3122. 5102.0
14. 5
i - > o
480. :>A226. 58
2. 320
1.328
353550120
2. 4597, 103
133. 4 S
106 5107. 4106. 5105. 1
108. 7112.9
1 1 4 . 31»q •>' '
116.5127. 791. 6
18. 7239
12. 0
397. 95175.44
1 . 303
362509432
2, 28s6, 382
115.86
106 5107. 4106. 5105. 1
109. 1113. 3
97. 4
1 34. ~>13(i *>
138.8139.3122. 4
24. 6246
19. 0
418. 17204. 97
2, 151
1.611
4646885 1 4
2. 0277.441
1 1 4 . 4 2
107 0107. 9106 9105. 6
109 2113 6
133 °
139.2188. 3168.0
22.7240
16. 3
371. 89181.81
2. 823
1.661
512635514
2 7047 055
106. 14
107 6108. 6107 6106. 2
r 109 9r 114 7
149. 4139 0
150.5149.9201.7
23. 1233
17. 8
402.801 83. 76
2. 42!)
1 . 857
584739534
2,9837 .214
1 1 4. 53
107 9108. 9107 9106. 4
r 109 9T 114 8
97 0
' 144. 6r 135 9
r 146. 3
138.5193.2
20. 4212
14.7
103. 77206. 90
1 . 936
T'*828541
3, 075
95. 99
108 5109. 410S 510(5 9
• 110 6T 115 4
132.8187 '">
128.4128. 0199. 7
19. 8219
17. 1
482. 60219.34
2. *60
T 1 , S30
r 515r 796r 528
3. 134
94. 79
108 7109. 71(>8 6107 2
i l l 1116 0
19. 8197
15 5
464. 78247. 35
2. 948
1.965
528903584
.
04. 5S
"111 1
« 115 8
15.41S9
12 1
. .
DOMESTIC TRADE
ADVERTISING
Printers' Ink advertising index, seas, adj.:Combined index __ .. .1947-49= K M ) . .
Business papers doMa ( ra/ines do
Newspapers doOutdoor doRadio (network) doTelevision (network) 1950-52—100
Television advertising:Net work :d"
Oross time cos ts total mil $•\utomotive incl accessories doITrugs and toiletries doFoods, soft drinks, confectionery d o ^ _ -
Smokin T mitori'ils doAll other do
Spot (national and regional):Gross time costs, total do
Automotive, incl. accessories doF")rii'rs and toiletries do
q. i ? < tf> -''f 1 ' d
All other do
M agazine advert! sing :Cost total do
Apparel and accessories doAutomotive, incl. accessories . _ do. .-Building materials doDrugs and toiletries do - . .Foods, soft drinks, confectionery do
Beer wine liquors doHousehold equip., supplies, furnishings. .doIndustrial materials doSoaps, cleansers, etc.. doSmoking materials doAll other do
235246188
21016023
462
56. 94. 6
1 6. 310. 8
5. 86. 4
13 0
3 1 50. 8
71.14.77.83.06.79. 8
4 .25.64.6.8
2.221 7
233246185
20114320
483
' 178.0' 12. 0i 52 0' 36. 7
i 19 2121.2i 37 o
i 154 .41 4.8
1 30 2i r>2 51 18 0
i 7 41 41 9
69. 74.57.02.56.6
10.2
4.34.83.8.7
2.422.9
23723(5176
%26
538
47.44.82.71. 84 .67. 4
2.52.32.7
2 ^ 216.0
2452501 92
ll22
518
166. 28.7
51.933 '•*
•>() 9s>3 3•>8 9
127. 64.0
24 538.4
16 16. 3
38. 4
80.08.67. 13.6
9.'0
3.86.24.8.6
2.625.8
237256187
18913923
526
::::::::
89. 86.0
11.02.98.7
13.0
5. 18.05.21.12.3
26. 5
244250183
22313223
530
84.75.19. 41.87.7
12.3
5.87.14.8.9
2.627.4
244254194
212140
19520
1 98. 616.358. 439 8
17 3°1 745 7
177.84.5
37.361 0
17 4
50. 2
68. 53.35.8.9
7.19.3
7.54.23. 6
. 52.9
23.2
210251190
2071 32
19516
244248190
2161'JK20
533
48.91.46.91.04. 47. 5
2.41.92. 1'.3
1.919.2
66. 92.77.32.46.3
12.3
3.33. 12.5. 7
2.823.6
240254184
20012820
544
194.612.760. 74° 7
19.6°1 937 0
182. 14.2
39.764 5
21 58.4
43.8
81.35.09.33. 57.0
12.5
4.74.93.6.8
2.627.5
243268194
196131
18533
87.17.2
10.83.67. 5
11. 1
3. 77.24.2.8
2.628. 5
240242192
19613820
550
82.05.79.23.77.8
10.1
4.67.54.3.7
2.926.0
239248189
19113321
551
193. 212 258.139.1
20 921 741 2
189.47. 4
31.862 8
23 59.0
54.9
72.92.97.6o a2.68. 1
10.3
5. 15.04. 1.6
3.523.2
240261!86
193140
549
::::":.|:::::::~ii11
51.7.9
4 .41.76.48.8
3.63.43.2. 6
2.716. 0
50. 25.23. 61.45.07.1
2.82.43.3.7
2.516.3
3 Quar-r Revised. * Quarterly average based on quarterly data. 2 End of year,terly average based on revised annual total; breakdown not available.
^Copyrighted data; see last paragraph of headnote, p. S-l. *Nevy series; data prior toJune 1961 will be shown later. O Revised to reflect data as of 1st of indicated month andshift to 1957-59 = 100 reference base. fRevised to reflect current specifications and baseperiod; data prior to 4th qtr. 1960 are available upon request.
9 Includes data for items not shown separately.^Revisions for 1955-Mar. 1961 (1959-1960 for lumber and wood) are available upon request.cf Revised beginning 1961 to provide for horizontal contiguity rate structure, wherein a
single advertiser might obtain a lower basic rate through the purchase of time across-the-board; not directly comparable with earlier data.
« Data for Oct. 1, 1962: Building cost, 110.9; construction cost, 115.8.
SURVEY OF CURRENT BUSINESS S-ll
Unless otherwise stated, statistics through 1960and descriptive notes are shown in the 1961edition of BUSINESS STATISTICS
1960 I 1961
Monthlyaverage Aug.
1961
Sept. O c t .1
Xov. Dec. Jan. Feb.
1962
| |Mar. ! Apr. j May June July Aug. Sept.
DOM E STIC TRAD E—Con tinned
ADVERTISING Continued
Newspaper advertising linage (52 cities):Total rail . lines
Classified doDisplay total do
Automotive doFinancial doGeneral _ „ doRetail do
RETAIL TRADE
All retail stores:Estimated sales (unadj.), totalj© mil. $..
Durable °ood> stores 9 © doAutomot ive group© _ -- do.
Motor vrh. , other automotive dealers-do. _ _ _Tire, bat tery, accessory dealers© do
Furniture and appliance group _ _ do. _Furniture, hornefurnishings stores doHousehold appliance, TV, radio do
Lumber bui ld in i r hardware group doLumber, bldg. materials dealers d71 doHardware store1-; do
Nondurable uoods stores 9 - do\pparcl g ro i i f ) do
Men's and boys' wear stores doWomen's a p p a r e l , accessory stores do... __Family and o t h e r apparel stores doShoe stores . do .
Drug and proprietary stores do"Ka f iner and drinking places doFood group do
Grocery stores doGasoline service stations do
General merchandise group 9 doDepartment stores doMail order houses (dept. store mdse.) _ doVarietv store^ do
Liquor stores do
Estimated sales (seas adj ) totalt© do
Durable goods u tores9 © doAutomot ive group© do
Motor veh other automotive dealers doTire bat tery, accessory dealers© do
Furniture and appliance group _ . _ d oFurniture, homefurnishings stores _. .doHousehold appliance, TV, radio do
Lumber, building, hardware group _ _ . d o __
Hardware stores _ do.
Nondurable goods stores 9 doA pnarel group do
Men's and boys' wear stores do"Women's apparel accessory stores doFamily and other apparel stores doShoe stores do
Drug and proprietary stores doFating and drinking places doFood group do
Grocer v stores doGasoline service stations do
General merchandise group 9 ._ doDepartment stores doM ail order houses (dept. store mdse.) doVariety stores do
Liquor stores do
Estimated inventories, end of year or month: {Book value (unadjusted), total bil. $._
Durable uoods stores 9 _- do_ _Automotive group _ -doFurniture and appliance group doLumber, building, hardware group do
Nondurable goods stores 9 doApparel yroup doFood trroup _ _ doGeneral merchandise group -do_ ..
Book value (seas, adj.), total doDurable goods stores 9 . do
Automotive group -doFurniture and appliance group.- _ _ _ d o _ __Lumber, building, hardware group do
Nondurable goods stores 9 - doApparel group. _ _do._Food group doGeneral merchandise group do
240 701.3
179.513.84.5
28.8132 4
38,21)4
5 8943, 2923, 082
211
883504319943718224
12,4001. 142
218444276204
0281,3414, 4804. 0281,400
2,0011, 102
155325407
25. 9811.724.881.902. 35
14.203.163.143.89
27. 1812. 335.271.952.44
14.853.303.144 90
r Revised. ' Advance estimate. f D a t a for retail sasales and inventories (1940-47) have been revised for com])figures are available upon request. 9 Includes data not sibeginning Feb. 1961; revisions for Feb. -Apr. 1901 will be
231. 458. 1
173. 312.34.9
20. 9129. 1
1 s. ?3 1
5, 0083.0702. 870
200
80554731*91370021 3
1 2, 0201 . 1 44
222439282201
0451,3074,0184.1591 49 s
2 0701 213
101340409
25. 7811 . 034.381.882. 25
1 4. 753.223.314.04
20. 801 1 . 52
4. 091.922. 33
1 5. 343.413.314.44
es (1940-irabil i tyo\vn sejshown
2^4 401. 3
103. 110.83.8
21.8120. 7
1\31r)
5, 702
2, 745230
914583331
1.057838219
12.0131.039
182399200198
0301. .7)74. 044•1, 1721 010
2. 0321. 177
103330398
18 17?
5, -103?, 9262. 721
905
SS3
320914
211
r> 7091. 177
230453289205
0441,3454,0844,2141 . 503
2. 0821 208
103350409
25. 7010.743.861.892.34
14.963.383.224.30
25. 9811.01
4. 151.902. 35
14. 973.313.274.28
-50) andwith la
aratelv.later.
231 859. 1
172.713.74.2
20. 9127.9
IS, 149
5, 377
2', 510212
879553320985
210
12,7721,153
201438285229
0291,4404. 8104, 3571 519
2.0701,225
150331403
18 131
5. 0103, 1092, 893
916
876556320875
205
V> 5'>i1.106
218430205193
6411 , 3774,0024,1531,511
2,0751 225
157331380
26.2610.723.811.912.31
15.543.593.284.58
26.3411.264.381.892.34
15.093.333.314.32
for whoer data;
©Recf Coni|
200 963. 2
197. 813. 9
34. ?144. 0
IS. 751
0, 0373] 2983. 082
210
915591324
1,028824207
12,7141,188
224402299203
0341,4094, 5234, 0701 550
2, 1051,284
178337.397
18 577
5, 8553, 2083, 050
212
880502318918
199
12 7221,173
231453282207
(5441,3094, 0404,1831,521
2, 1011, 210
100349411
27. 0010. 903.901.952. 30
10.043.713.384.81
20. 4011.254.371.892.33
15. 143.393.324.34
esalenew
vised)rises
201 357. 5
203.913.04.8
31.51 54. 5
19,? 15
0, OSO3, 3S93. 180
209
90!)01 4310919743200
13,1291.201
952483329197
0101 . 3594. 5954.1401 514
2, 4591 . 452
237375430
19,098
6, 1903 0003. 392
''08
860545321930
201
19 9081,187
229459295204
0751,3984, 0944, 2441,519
2,1051,245
174370421
27.7111.204.121.992.30
16. 453.703.484.94
26. 7511.444.581.892.36
15.323.393. 394.32
lumbetl
appeare q ues
242. 850. 8
192.08.95. 0
23. 3154.3
3. 130•2, 80?
1, 1S1718403900020280
Hi. 5742,051
449770550282
8901, 4?15, 1084, 0701 540
3. 8532, 293
248724047
is, 827
5,9153, 2773. 050
914
337949
12 9191, 104
218445294207
0931.4074, 0314, 1901, 539
2. 1841,311
158347409
25.7811.034.381.882 . 25
14. 753. 223. 314.04
20. 8011.524.691.922. 33
15. 343.413. 314.44
r yards,letail invr on p. :t.
201 355. 7
145.610.7
7. 818.7
108. 4
' - 10 . 94?
5. 1743. 1002.931
7S1492289087
105
Ml. 70S94S190301
1 00
0511,2724. 4704,0131.447
' 1.032945131249378
r \ 8. 835
5, 9203' 3483. 120
885509310927
213r r> 915
1. 185224447300214
1,3874.0844, 2301. 543
r ' 2 . 1331, 232
103300431
25.8211.374.701.852.28
14. 453.093.243.98
26. 8611.524.691.932. 34
15. 343. 403.324.43
juildinirentories4 of the
198 954. 1
144.811.4
4 .423. 4
105.0
M5. 98?
4, '.ISO
2, 83?
401?0405?501151
Ml. 00?79514931?1 89145
0221 . 1 854.3143. 9021,333
r 1.513
8")01?!205300
MS. 905
5, 9773. 3013. 138
293
8795583?193?
210
M l > 9881, 170
218438297217
0651,4144, 7324, 2801, 539
' 2. 1381. 241
159360432
26. 5611.624.961.872.32
14.943.253.314.20
26. 9011.484.661.932.34
15.423.393.344.44
materiallave beeDec. 19
236 902. 2
174.712.7
£\
' IS. 970
0, 1393. 7SM3. 57! >
201
SI45322S2810h?31 93
M?. S311,003
180418203190
0571 . 3HC,4, 9714. 5??1, 4X7
T 1, 9001. 140
14532439.'
M9. ?OC,
0, ISO
i. 3?9
240.003. 0
1 82. 413. 7
135.0
0. "S43. 7033 54!
?!9
7S9529200950728'»0
12. SSS1.307
2214903?0270
0431.3714.5204.0731,511
1 . 253i 50
3^s
l . » . 5 ^ t i
0. 3323.oio3 4??
256. 905. 9
190.91 5. 1
4 . 430.5
140. 9
20. 144
0, S?S\. 0203 "SO
240
S70
2991.003
814249
13.3101. 183
221403285214
OC>91.4SOK7914. 3201 . 577
?. 206
' KV-i351
19. 43?
< » . 1 0 93. 520
oox— S _.. . j „.,
SSS ; S8> s70570312937
•>•»
T 13 OSO1.217
232404300215
0581.4414, 0804, 2371. 552
• •2 ,2461,323
162380409
27. 3711.834. 991.922.44
1 5. 543.413.374.43
20. 7811.384.541.932.38
1 5. 403.353. 354.41
s dealersn revise'')! SURVI
5S2300972
')]()
13 9641.207
231450304' '22
0751 , 4204,7874,3181 , 547
2, 2531 . 308
171379443
27. 5411.995. 041.972. 50
15.503.413. 354.40
20. 8711.434. 541 . 962.41
15.443. 393. 334. 44
, and pabeginni
:Y; those
50?314940
°1S
I'i l)031. 190
230451304205
0771 , 4444, 8014,3351.533
2, 2081.320
107376433
?7. 4411.985. 041.942. 49
15.403.353. 374. 4?
?0. 941 1 . 4?4. 541 . 93?. 40
15. 523. 403. 304. 40
n t , pi inig 1940.for t h e
1?. 3105.314.?
•11120.0
JO. 184
0 7S63 , 9 4 43. 097
891580314
l . O O S8?9?39
13.3981.1 'Jl
233407?09212
0071.5375.0334. 5031 . 023
?. 1 40
35?!?0
19.089
0. 0293,4303. ??0
?10
SOI505J909?3
207. 001. 7
145.312.05. 4
19.010S. 3
19. OOS
r K 330r 3. 507r 3.334
r ?33
" S73• 573r 300
r 1.070'• S50r '_>'_>0
M2. 73S• 971r 1S5r 3< iS
T IS?
' 040' 1,500r 4. 733r 4, 207r 1.017
r 1. 930r 1.110
131' 3?3
19. OS?
- 0.37s•• 3. 05Sr 3, 440
r ?l?
r 90S- 004^ 304' 978
' M O i r M5!
13 000 ' i '"1 '^'*-i1.114
208431
198
0801 . 4044, 7??4.' 2091 . 553
?. 1981.299
100357418
27. 0211.774.871.922.48
15.253. 263. 344.34
27. 0811.454. 551.92?. 43
15.023. 433. 344. 52
) i ng , arRevisio
earlier r
r 1.200" 229
:$fr 208
T 074r 1.404r 4 S3 5r 4. 30Sr 1 . 525
' 2, 287r 1.344
107-374M33
' 26. 9111.704.881.912. 40
* 15. 15r'3. 19
3.28r4.38
r 27. 1811.594.071.94
r 2. 14
'15.59Mi 41
3. 30' 4. 54
id electris for Deeriod ar
229. 804. 0
105. 111.33. 5
20. 0130.4
M9.833
r 0, ?99' 3, 3SO
3,157
<• 93S022310
1,092870210
'13 534r 1 . 099
19?414273220
r (558r 1,03?r 5, 000r 4 .517r 1.071
r \ 20SISO309443
M9. 551
r r,. 1073. 3SS3. IS!
207
S9959?307948
'>10
'13,4411 . 229
237403300229
(5731,4034, 8594. 3871 . 557
2, 2801.305
181383453
20. 0411. 154.211.922. 43
15. 503.423.284.53
27. 0411.494. 581.922. 45
15.553. 403. 324. 50
cal storec. 1957-S(* availal
i IS. 551
i 5. 4 \ 9i 2.001
; S50
i 13. 13?' 1 . 2 1 1
' r-37' 1 . 54 11 4. 7901 4 . 3?3i I 548
1 ?. 1701 1 . ?0()
• 19.351
' 5. 905
1 \'J> MO
S.>pt . 1900le upon
SURVEY OF CURRENT BUSINESS October 1962
Unless otherwise stated, statistics through 1960and descriptive notes are shown in the 1961edition of BUSINESS STATISTICS
1960 | 1961
Monthlyaverage
1961
Aug. Sept. Oct. Nov. Dec.
1962
Jan. Feb. Mar. Apr. May June July Aug. Sept.
DOMESTIC TRADE—Continued
RETAIL TRADE-ContinuedFirms wi th 4 or more stores:
Estimated sales (unadjusted), totalf mil. $..Firms with 11 or more stores:
Estimated sales (unadj . ) , total Q*J - do
Men's and bovs' wear stores doWomen's apparel, accessory stores _ -doShoe stores do
Drug and proprietary stores do .Eating and drinking places doFurniture homefurnishings stores do
General merchandise group 9 doOept stores, excl. mailorder sales do_.Varietv stores do __
Grocery stores- doLumber yards, bldg. materials dealers d"_ -doTire, battery, accessory dealersl do
Estimated sales (seas a/dj ), total 9'- do __
\pparelgroup9 doMen's and bovs' wear stores doWomen 's opparel accessory stores doShoe stores do
Drug and proprietary stores doEating and drinking places doFurniture homefurnishings stores do
General merchandise group 9 doDept stores excl mail order sales doVariety stores do
Grocery stores doLumber yards, bldg. materials dealerscf-.doTire battery accessory dealers'" do
Ail retail stores, accounts receivable, end of mo.:*Total mil . *
Durable Foods stores doNondurable foods stores do
•C h arge accounts do
Department stores:Ratio of collections to accounts receivable:
Charge accounts. . __ percent .Installment accounts do
Sales by type of payment:Cash' sales " percent of total salesCharsre account sales.. _ - do . - .Installment sales do
Sales, total Uni ted States: tnnftdjustcd 1957-59=100Soasonallv adjusted _ _ do
Stocks, total U.S., end of month:£Unadjusted - do ..Seasonally adjusted do
WHOLESALE TRADE f
Sales, estimated (unadj.), total bil. $..Durable goods establishments - _ _ d oNondurable goods establishments do
Inventories estimated ( u n a d j ), total doDurable goo establishments doNondurable ods establishments do
4,724
4, 223
99399
11885
1219337
I , 290781251
1,7856982
_
' 12,9376, 1046 8337, 122
I t i15
134215
106
109
12.334.447. 89
i 13. 216. 616. 60
5, 127
4 378
29730
12086
1279538
1,354823262
1,8436383
1 13,0535 9037 1507, 161
4715
434216
109
110
12. 564. 288. 27
i 13. 496.686.81
5, 067
4, 329
27099
111
7911910137
1,344806260
1, 8027690
4,437
32332
I9 390
1 '?39336
1 36°810979
1,8656284
11,6845, 8935 791
4815
434116
100110
109110
13.344, (148.70
13.546. 836.71
5,273
4 499
30"24
12297
12210136
1 352834
1, 9537189
4 377
288'?8
19082
1°69836
1 350827261
1 8566187
11 8385 8665 97°6, 626o, 212
4615
424216
109110
118111
12.614. 428.19
13. 576.826. 75
5, 231
4 414
31032
12585
1229841
1,421872261
1, 7717487
4,432
30832
12590
1269638
1 379830276
1, 8456488
12, 2006, 0166 1846,819
4810
414316
112109
125112
13. r,94. 748. 95
13.746.776. 97
5, 592
4 716
33537
13885
1309843
1 610975286
1 , 8436485
4, 516
3133!
12890
13510037
1 410851279
1,8776387
12, 3685, 9586 4106, 886
49
494216
134112
129112
13.644. 559. 09
13.786.747.04
7, 466
6 364
54264
229129212100
50
2,5171,517
5502,135
51116
4 569
30230
12581
141100
41
1,434916
1,8996390
13, 0535, 9037 1507, 161
4816
454015
204113
103113
12. 874. 228. 65
13. 496.686. 81
4, 564
r 3, 866
294248570
1249332
'• 1 052642183
1,7844279
r 4, 501
31430
12695
13310139
r I 408848268
1 8655699
12,3015 6986 6036.' 81 2
4716
494018
83109
101114
12.334,148. 19
13.596.726.87
4, 306
r 3. 673
198187964
1188831
r 965576196
1.7444464
T 4 523
313
12597
1359936
r 1 407858979
1, 8906388
12, 0075, 5306 4776,541
4015
424117
110
107114
11.573. 907. 61
13. 566.796.77
5, 252
r 4. 508
9 7 325
10889
1309841
r I 253775241
2, 1005480
r 4, 653
31131
12495
133100
41
r 1 511941288
1 . 9036491
12. 1355. 6096 5966.5625.5-3
5016
42
16
95117
116116
^8. 46
13. 686.966.72
EMPLOYMENT A1ND POPULATION
POPULATIONPopulat ion, U.S. (incl. Alaska and Hawaii):
Total, incl. armed forces overseas§ n i i l_ .
EMPLOYMENT 0Noninsti tutional population, est. number 14 years
of age and over, total, unadj "mil..
Total labor force, incl. armed forces thous..Civil ian labor force, total do
Employed, total . _ ... . do_-Agricultural employment do.Nonagricultural employment do
Unemployed, total doLong-term (15 weeks and over) do
Percent of civilian labor forceNor in labor force.. __ __ . thous
Civilian labor force, seas, adj.* doEmployed, total do
Agricultural employment doNonagricultural employment do
Unemployed, total doPercent of civilian labor force
2180.68
125. 37
73, 12670.61266, 681
5, 72360 958
3 9319565.6
52.242
2183.74
127. 85
74, 17571,60366, 796
5, 46361,333
4 8061, 532
6. 753, 677
184. 01
128. 18
75,61073, 08168, 539
6, 32562,215
4 5421,440
6. 252, 573
71 , 78966. 998
5. 66261,417
4, 887fi 8
184. 29
128.37
73, 67071, 12367, 038
5, 66661, 372
4, 0851, 257
5. 754. 701
70, 98166, 243
184. 57
128. 57
74,34571,75967, *24
5, 96461, 860
3, 9341,240
r (^
54, 226
71,4736fi X'»
5^156 5.47261,188
4, 8676 »
61,3694, 762
6 7
184. 84
128. 76
74, 09671, 33967, 349
5, 19962, 149
3, 9901,137
5. 654, 659
71 , 48267. 1 485,311
61,8404, 370
6 1
185. 07
128.94
73, 37270, 55966', 467
4,41862, 049
4, 0911J233
5. 855, 570
71, 27266, 936
5, 20461,618
4, 274f i f )
185. 29
129. 12
72. 564
185. 51
129. 29
73. 21869. 721 70, 33265. 058 65, 789
4 .417 i 4,' 578(V). 641
4 663L252
6. 756, 554
71,43567, 278
5, 45361 ', 690
4,1595 8
61, 211
4, 543MSI
6. 556, ( )72
71,84167, 894
5. 60362, 2C6
4, 008R fi
185. 71
129. 47
73, 58270, 69766, 316
4, 78261, 533
4, 382l[ 485
6. 255, 889
71, 77467, 947
fx 56062'. 2803, 914
f, ^
185. 94
129. 59
3 73, 65470, 769
3 66, 8244.961
61,863
3, 946I , 483
5. 655, 933
3 71, 4843 f)7 t 499
62! 2363, 963
186. 15
129. 75
74, 79771. 92268, 203
5, 42862, 775
3, 719l] 274
5. 254. 956
71, 85067. 9315' 214
62'. 7753 QOS
K ^ ! ' n 1
-Revised. F Preliminary. ' E n d of year. 2 As of Inly 1. 3 See note"©". Monthly labor force data M943 -60) appear in" Emnioymen
186. 37
1 29. 93
76. 85774. 00169. 539
6. 29063, 249
4, 4631, 033
6 053, 072
71. 70667 711
5, 19062'. 7473, 917
5 5
186. 59
130.18
76, 43773. 58269. 564
6, 06463, 500
4 018'9215 5
53, 746
71 , 578
186. 85
130. 36
76, 55473 69569, 762
5, 77063. 993
3 932'934
5 353 805
72. 39267 735 ' 68 194
5 143 5 166
187. 11
130. 55
74,914-•) 17968 668
5,' 56463, 103
3 512'906
4 955 63 1
72, 03567 854
£ HA'}
62,809 ! 63. 172 \ 62.9143, 828
' * Q
t and Earning?."
4, 218 ^ 4 1675 8 5 8
BLS (Feb. 1962).1 Revised beginning Feb. 1961; revisions for Feb. -Apr. 1961 will be shown later. J Re vised scries, reflecting (1) adj ' i s tni -nt to 1958 Census of Business benchmarks. (2)£ Includes data not shown separately. shift to 1957-59 base per iod , and (3) 'roviyw of seasonal factors. Revisions beginn TIP- 1947J" Comprises lumber yards, building materials dealers, and paint, plumbing, and elec- appear in the F E D E R A L RESERVE BULLETIN, luly 1962. ©Beginning \pr 1962 not strictly
rri 'v-i l stores. tSee corresponding note on p. S-ll. §Revisions (1950-61) are available. comparable with earlier data; see luly 1962 SURVEY."New series. Back data for accounts receivable are available from Bureau of the Census.
October 1902 SURVEY OF CURRENT BUSINESS S-13
Unless otherwise stated, statistics through 1960and descriptive notes are shown in the 1961edition of BUSINESS STATISTICS
1960 | 1961
Monthlyaverage Aug.
1961
Sept. Oct. Nov. Dec. Jan. Feb. Mar. Apr.
1962
May June July Aug. Sept. p
EMPLOYMENT AND POPULATION—Continued
EMPLOYMENT— Continued
Employees on payrolls (non agricultural estab.):fTotal unadiustedt- thous
Manufacturing establishments doDurable goods industries doNondurab1e foods industries do
Mining, total? _ _-.doMetal doCoal minin0 ' doCrude petroleum and natural gas do
Contract construction. _ _ . _ _ _ _ _ _ d o _ _Transportation and public utilities? do
Railroad transportation doLocal and interurban passenger transit _ _ d o
\ • . f,., ^ " f f i rm ^ 1Tolcphon0 communication doElectric, gas, and sanitary services do
Wholesale and retail trade doWholesale trade _ _ _ _ _ d oRetail trade do
Finance, insurance, and real estate doServices and miscellaneous doGovernment do
Total, seasonally adjustedf doManufacturing establishments do
Durable goods industries doOrdnance and accessories doLumber and wood products doFurniture and fixtures doStone, clay, and glass products. _ _ doPrimary metal industries do
Fabricated metal products doMachinery doElectrical equipment and supplies do
Transportation equipment doIns t ruments and related products doMiscellaneous manufaeturin0 ind do
Nondurable uoods industries doFood and kindred products doTobacco manufactures doTextile mill products _ do\pparel and related products doPaper and allied products do
Print ing, publ ishing, and allied i n d _ _ d oChemicals and allied products doPetroleum refinine. and related ind doRubber and misc. plastic p r o d u c t s _ _ _ d oLeather and leather produces do
Mining doContract cons! ruction doTransportation and public u t i l i t i e s doWholesale and retail trade doFinance insurance and real e s t a f e doServices and miscellaneous doGovernment „ _ do
Total, unadius tedt thousSeasonally adjusted do
Durable goods industries, unadjus ted . _doSeasonally a d j u s t e d lo
Lumber and wood products , loFurniture and f ixtures loStone, clay, and glass products loPrimary metal industr ies lo
Blastfurnaces , steel and rolling mi l l s do.....Fabricated metal products d )Machinery d >Electrical equ ipment and supplies d >Transportation equipment? d )
Motor vehicles and. equipment d )
Instruments and related products doMiscellaneous mfg. industries do
Nondurable goods industries, unadj doSeasonally adjusted do
Food and kindred products doTobacco manufactures doTextile mill products doApparel and ''elated products doPaper and allied products do
Printing, publishing, and allied i n d _ _ d o . _ _ -Chemieals and allied products doPetroleum refining and related i n d _ _ _ d o
Petroleum refining doRubber and misc. plastic products. _ _ d oLeather and leather products do
54,347
16, 7629,4417,321
70993
182314
2,8824,017
887283
874191706613
11,4123, 0098, 4032, 6847, 3618, 520
i 54, 34716, 7629, 441
187(537383595
1,229
1,1281.4711, 446
1,617354392
7,3211, 793
94915
1,228593
917830212374366
7092 8824.017
11,4122, (5847,3618, 520
12,5(52
7,021
89570319483992471869
1,030' 987
1, 1335(5(5392232316
5,541
1,21183
8271,094
474592511138113289323
54, 077
16, 2679,0427, 225
66687
156309
2, 7(503, 923
820270
875197695611
11.3683, 0088,3612, 7487,5168, 828
1 54, 07716, 2679, 042
201600367567
1, 142
1,0761,4011, 436
1, 52234(5382
7, 2251, 780
90880
1,200590
9268302033(55361
6662 7(503, 923
1 1 . 3(582, 7487,5168, 828
12, 044
6,613
945353044559144288209649(53
1,035492379222306
5, 431
1,19179
7931,067
470596506131107280319
54, 538
16,5319, 0837,448
86154315
3. 0753,971
835257
89120370!623
1 1 , 3423, 0448, 2982,8017, 6068, 535
54, 33316,3819, 131
202603371578
1,174
1 , 0941 , 4041,444
1 , 530349382
7, 2501 , 770
90882
1,213592929835205372362
6(552, 7703, 939
11,410
1, 54(58, 8(55
12.27412, 156
6,6416, (599
945683114779404478319509(58961430368222317
5, 6335, 4571,318
89802
1. 100475594509135109284327
54.978
16,6469, 1897, 457
67688
155311
3, 0213,971
826268
907203694616
11,3783, 0358, 3432. 7707.6128, 904
51,3041 6, 3-:39.105
203(503370573
1,179
1.0901.4001,428
1 , 528350381
7.2181 . 7(59
96880
1,194589
927832202372357
6662, 7543.939
11.3(;32, 75(57. 5678,93(5
12, 10712,101
6. 753( 5 , 673
97
3144779554578H9960982
1.013470379
326
5, 6545, 4311,335
106801
1,08247659950913310S292319
55, 065
16, 6079, 2017, 406
66886
156306
2, 9813, 953
822268
913202689608
11,4503,0498,4012, 7587,6189, 030
54, 38516,3619,112
208600372574
1,174
1,0911 , 4091 , 455
1 , 496349384
7,2491,787
91882
1 , 204591925835204370360
6(512, 7583, 929
11,3(552, 7(547, 5808, 967
12,37912,129
6, 7716, 67(5
98555317470950451848955997
1 , 021469383226334
5, 6085, 4531,286
96806
1,087477602510132107294317
r Revised. v Preliminary. 1 Total and components are based on unadjusted data.t Revised series. Beginning with the Nov. 1961 SURVEY, data for employment, hours,
earnings, and labor turnover have been adjusted to the Mar . 1959 benchmark and havebeen converted to the 1957 SIC. Effective Jan. 1959, the data include Alaska and Hawaii.
55, 129
16,6589, 3297,329
66788
157306
2, 8253,943
816267
913199688606
11,6113, 0518, 5602, 7577, 5969, 072
54, 52516,4669,213
206602373570
1,178
1 , 0971,4121,456
1,579351389
L79187
8841,203
593
928837197373360
6(552,7193.927
11,3742, 771
8! 992
1 2. 41 412,225
6,8836, 766
985423164(5395344(585(5960
1,0121,124
5(5439022931-50
5, 5315, 4591 , 220
82805
1,092478604510126102296320
The rwithBulle
o
55,503
16,5569,2977,259
65785
156306
2, 5753, 927
824269
895200686604
12,1.813, 0629,1192,7567,5739, 278
54,49216,5139, 244
206(500375565
1,184
1,0981.4181,471
1 , 588352387
7. 2691,782
89886
1,211597
929839197377362
(5542, 6993.911
11,36(52, 7707, 6428, 937
12, 30312, 257
6. 844
9852(53144499(50450851977
1,0131, 123
5(55
3075, 4595, 4(501 , 1 59
81801
1 , 08 1477602511124101296322
evision ithe re vistin No. 1Includes
53, 737
16, 3709, 2227,148
64786
154305
2,2983,863
801270
867200684602
11,2703,0218,2492, 7477, 5109,032
54, 43416, 4569,217
207598372559
1, 194
1,0921,4161,477
1,569351382
7, 2391,778
89884
1, 196593926836200377360
6532, 5943, 906
11,3842, 7727, 6409, 029
12,11812, 1976, 7646, 760
97507308432961460840982
1,0081,111
555
225288
5, 3545, 4371, 109
79792
1,062470592509127105294319
iffocts al>cl data.312 ($3.0data fo
53, 823
16,4529,2877, 165
64286
153302
2,2823, 863
799267
872201684600
11,1883,0218, 1672,7497, 5459, 102
54, 77316,572
9,312207612375563
1,211
1,0971,4211,495
1,595352384
7, 2601, 776
89884
1 , 20(5595929841200381359
6532, (5943, 9 1 4
11,4472,7747, 6759, 044
12,18712,300
6, 820(i, 84(5
96513310432984470837997
1,0131,111
553
295
5, 3(575, 4541 , 088
793J , 093
468593512127105295322
. series;Unpubl
J), avail;r industi
54, 056
16, 5259, 3397,186
64086
149302
2, 3283, 880
803262
879204685600
11,2233, 0228. 2012, 7547, 5739, 133
54, 90116, 6829, 385
210610379562
1,217
1, 1091,4371,510
1,611355385
7, 2971,777
90886
1.227599931842199384362
6542, 6483, 927
11,4602. 77(57, 6819, 073
12,24012,387
6, 8576, 903
96509311435991474843
1.0141.0141,118
551
2995, 3835, 4841,08(5
69794
1,106471596518127105295322
>reviousished re'ble fromies not
54, 849
16, 6369, 4227, 214
64787
146302
2, 5893,904
808267
887205687601
11,4703, 0288, 4422, 7707, 6909,143
55, 26016,8489, 490
211611382571
1,223
1,1241.4531, 528
1.637356394
7, 3581,788
88889
1 . 258(502
934847199384369
6562, 7343, 935
11.5462, 7787, 6759, 088
12,33812, 541
6, 9317. 000
98
313454991473851
1,0251,0191, 118
557
226308
5, 4075. 5411,111
(5679(5
1,09(5475
596527128105294318
y publisdsions (rGov't. I
shown si
55, 209
16, 6829, 4757, 207
65788
145304
2,7493, 924
815266
893207688602
11,4763, 0348,4422,7807.7699, 172
55. 40316,8919,544
213609387579
1, 199
1,1351. 4601, 541
1, 663359399
7, 3471, 776
88890
1,248604
93584919939236(5
(5592, 71(53, 93(5
11. 59(52, 7867, 6929.127
12.37212, 5666. 9757, 037
9X54(53144679644468(51
1,0261 1,025
1, 133573
227315
5, 3975, 5291.121
(54797
l .OSO475
525129104298313
hod est irior to S} -in t ingparately
55, 777
16, 8709,5477,323
66189
143308
2,8393, 965
819261
919208692613
11,5823, 0748, 5082,8087,8819,171
55. 53516,9239, 555
21361 1386581
1. 163
1,1311.4701, 554
1, 687359400
7, 3681,774
87891
1,25760(5
937853199399365
6522,6713. 934
11.6212, 7887. 7499. 197
12,51612,581
7, 0257, 035
9757131747693(5420868
1 , 034j 1,039
580
228322
5.4915. 5461, 176
65803
1.093483
597520130104304321
nates arcept. 1960Office, V
-55.493
-16,782- 9. 463-7,319
-648- 88
-130-310
- 2, 982- 3. 948
811254
- 920- 193- 698
618
-11, 540- 3, 091- 8, 449
2. 839- 7. 884- 8, 870
-55.617-16,908- 9, 552
- 217(507
- 386- 581
1, 149
- 1, 132- 1 . 474
- 1,688
401
- 1, 77789
- 885r 1. 249
606
937858199
r 39(5- 3(50
r (548T 2, 738r 3.913
-11.6522. 792
- 7. 783- 9, 183
-12.403'•12,551
- 6, 925r 7. 024
- 995(58
-313- 476- 903- 399- 852
- 1.020-1,031- 1. 12!
- 5(51
22631'
- 5, 478
- 1,?22465
781'- 1,071
4 7 5
59252
- 13010429(5
- 316
* not c ir) on newfash. 25,
-55,732
-16,931- 9, 401- 7, 530
- (5(50
- 3. 037- 3. 9(52
-11,560' 3, 107- 8, 453
2.8417, 875
- 8, 8(5(5
-55.556-1(5.793
9, 458
- 60(5385
- 582- 1, 142
- 1, 124- 1.478- 1,540
- 1.619- 3(52
398
- 7. 335r 1, 7(58
-91-879
-1,244605
- 93(5- 856
198- 39(5
3(52
- (548- 2. 73(5- 3. 931
-11, (529
7! 813- 9. 210
- 1 2. 544- 1 2. 434
- (i, 8(53- (i. 92*
- 102- 573
323- 481- 90S
- 853- 1.015r 1,040r 1,009
: - 230i - 331
- 5 , 6 X 1- 5,50*5r 1,307
- 89- 798
- 1 , 1 27- 482
- 524- 129
56. 222
17, 1009, 5527. 548
658
2, 9723, 953
11,6153. 0998.5162,8107, 8(559. 249
55,5511(5, 77(59. 465
221600380571
1, 135
1, 1251.4691.524
1.684359397
7,3111,768
94874
1, 244602
93(5850191393359
6482. 7093. 922
11,6002, 79(57, 8189, 282
12, 71712, 415
7.0136. 933
1035(5432447(5908
8*541,0181.0551. 130
231341
5, 7045, 4821.324
105795
1.12(5484
(501521121
- 303 309327 320
ectly comparablebasis are in BLSD.C.
S-14 SURVEY OF CURRENT BUSINESS October 1002
Unless otherwise stated, statistics through 1960and descriptive notes are shown in the 1961edition of BUSINESS STATISTICS
1960 1961
Monthlyaverage
1961
Aug. Sept. Oct. Nov. Dec. Jan.
1962
Feb. I Mar. Apr . May June July Au». Sept./-
EMPLOYMENT AND POPULATION—Continued
EMPLOYMENT— Continued
Miscellaneous employment data:Federal civilian employees (executive branch):
1 T n i t e d S t a t e s t h o us . -Wash D O., metropolitan area d o _ - -
Railroad employees (class I railroads):Totn1 do
Index, seasonally adjusted^1 - 1957-59=100..
INDEXES OF WEEKLY PAYROLLS!
Construction (construction workers" f.1957 --59= 100..Manufacturing (product ion workers H .. do.Minimr (production workers)! do
HOURS AND EARNINGS!
of non-agricultural estab., unadjusted:!All nvinufac t uri n °' e ^ T - 1 b unad j t hours
Seasonal 1 v ad jus ted doAverage overtime do
Durable roods indus t r ies _ doSeasonally adjus ted do
Average overtime do
Ordnance and accessories doLumber and wood products doFurniture and f ixtures doStone- c lnv and t rlass products doPrimary metal industries _ _ ...do.
Blast furnaces, steel and rolling- mills.do ._ .
Fabricated metal products _ doMachinery - _ _ _ doElectrical (equipment and supplies do
Transportation equipment 9 doMotor vehicles and equipment - doA i r c r a f t and parts do
Instruments and related products doMiscellaneous mfg. industries. .. . ...do . -
Nondurable eoods industries, unadj doSeasonally adjus ted _ do
A vera°"e over t ime doFood and kindred products doTobacco manufac tu r es doTextile mi l l products doApparel and related products doPaper and alh'ed products do
Pr in t ing , publishing, and allied ind doChemicals and all ied products doPetroleum refining and related ind. __ do ___
Petroleum refining do
Leather and leather products do
N on manufacturing establishments:!Min in «'9 do_
Meta l mining. _ _ _ do -Coal mininp' doCrude petroleum and na tura l gas do
Contract construction doGeneral building contractors doHeavy construction doSpecial trade contractors do
Transportation and public utilities:Local and suburban transportation doMotor freight transportation and storage-doTelephone communication doElectric, gas, and sanitary services do
Wholesale and retail trade doWholesale trade do.Retai' trade § do
Services and miscellaneous:Hotels, tourist courts, and motels doLaundries, cleaning and dveing nlants.do
Average weekly gross earnings pei worker on pay-rolls of nonagricultural establishments:!
All manufacturing establishments! dollars..Durable goods industries do
Ordnance and accessories _ _ _. do ..Lumber and. wood products do
Furniture and fixtures doStone, clay, and glass products doPrimary metal industries _ do _
Fabricated metal products doMachinery doElectrical equipment and supplies do
Transportation equipment 9 doInstruments and related products doMiscellaneous mfg. industries do
2.243215
8052 88. 0
100.9100.095 2
1
39 7
9 440. 1
2 4
40 73° 040 ()40 039. 038.0
40. 541.039 8
40 741.040 940.439. 3
39 2
o r40. 93S 239. 535 542.2
38. 541.34!. 140.839 930. 9
40.441.835. 542.0
3f>. 735. 440.735. 9
43. 141.539.041 .039. 040. 538. 5
39.938.8
89. 7297.44
108. G773.71
75. 2092.97
109.59
98. 82104. 5590.74
111.5293.7374.28
2.251220
7392 81. 5
100. 4105 2
8 (> 9
39. 8
2. 440. 2
2. 3
40. 839. 539. 9
39. 538. 7
40. 540. 940. 2
40. 540. 14 1 . 140.739. 5
39. 3
') r,
40. 939. 039. 935. 442. 5
38. 241.441.240. 940 337. 4
40. 041.435. 841.8
30. 935. 840. 330. 2
42.941.039.440. 938.840. 538. 1
39.038.8
92. 34100. 101 13. 4277.03
76.2195. 24
114.95
100. 85107. 1694.47
113. 8197. 2775.84
2.271925
82. 4
1 25. 0107. 0
99 '»
40 l )
40 02 0
40. 540 5
40. 04(1 '>40 941 039. 939. 2
41. '40. 940 4
40 239. 741 140. 939. 4
39. 839. 3
9 S41 . 440 140. 5
43. 0
3*. 341.54 1 . 040. 340 037. 0
41. 141.436. 641. 7
38. 537. (43. 137. 3
43.342.639. 540.939.340. 638.6
41. 138.7
92. 86100. 44112.8779.19
78. 1298. 18
116. 11
102. 34106. 7594.94
112.9697. 7574.47
2''0
74 582. 0
120. 7108 5
( » ; • > o
39 83(< 0
2. S40.031- 8
40.940 14 i . 21' 340. •'40. 2
4 < > . l41 .031.'. s
o l . i41. 411.039. 8
39. 5
., o
4 1 . 0•! 1 . 640.331. 543. 1
3X. I41 .2n. t ;40. < ;4" 836. 4
4 1 . 04 3 . 736. (54 1 . 6
37.435. 940. 630. 7
42. 942. 140 341.138. 840. 538. 0
39. 438.7
92. 73100.00114.1181.00
79. 5297.47
118.19
99. 451 07. 8393. 53
1 06. 2297.9976. 02
2, 254221
74383. 2
121.81 10. 593 9
,1(1 -(40 °
•> s40 940 6
41 440 541 34! 340. 339. 5
41 141 340 7
41 341 541 f>41 . 140.2
39 S39 0
•) <)41 440 840 93- N43 0
38. 34 1 . 64!. 740. 940 730 7
4 1 . S42. 137. 842. 5
38 230. 842. 537 2
42 942. 340. 141.238.640. 637 8
39. 939. 1
94. 54102.66115.9281.41
80. 1297.88
119.29
102. 75109.0396. 05
117.2998. 6476. 78
2. 262221
73784.0
110.111 l ). 39° 3 !
i
40 6 i40 0 i
•) (> I11. 141 "
0 9
11 639 441 341 040. 239.1
41 341 240 8
49 744 !41 841.340. \
39 939. 7
'> S41 038 341 436 343 "
38. 34 1 . 84 1 . 641 . 441 ''38 0
41.041.337. 641.7
36 535. 539. ()36. 0
43. 341.939. 741.338.440. 637 5
39. 038.8
95. 82104.39116.9078.41
80. 1297.17
119.39
104. 08109.1896. 70
' 123.83i 99.53: 77. 57
1 2,481i 997
74084 5
95. 9112.390 5
40 040 4
2 941.341 23 0
41 738 941 740 140. 839. 8
41 44 1 . 941 1
43 044. 542 341.340. 0
39 839 7
40 940 141 135 943 0
38. 741. (')40. 840. 841 838. 7
40. 742. 137.741. 7
34. 933.836. 534.9
43. 042. 039. 541.039.040.838. 3
39. 038.7
90. 63105. 32117.1876. 63
81. 3295.04
121. 58
105. I P111.8797. 82
125. 1399.9578.40
i
2,252222
i
721 !78.0 I
81.3108. 5 i87 X
39 739 8 !
2 640.340 3 !
2 6 '.
41 0 !37 3 'i39 038 940. 8 ;40.7 !
40 3 '41.3 j
40 3
41 2 :41.741 740. 8 i39. 1 !
39 0 '39 2 i
9 5 !
40 2 136 6 '•40 134 542 1 '
37. 941. 5 i41 .742. 1 ;40 7 •38. 7
39. 941.3 !
37. 541.0
33 432. 134.034. 0
42.640. 939.341.238.540. 437.7
38.937.9
94. 88103. 17115.2173.48
75.6692. 97
122. 81
102. 36110. 2795. 91
118.6699. 1477. 03
2. 260
72078 8 i
|1
82 4109 588 4
40 040 3 '
40 040 0
4! 339 340 '>39 840 840.0 j
40 041 640 3
41 041 041 840. 539 1
39 9
9 -40 037 440 535 942 '>
38. 141 440. 040. 740 938 0
40. 741. 737. 641 .9
35 134.438. 334. 4
42 441.039. 440.838. 540. 337 7
39.038. 0
95. 20103. 53116.4776.24
77. 5994.33
122.81
102. 721 1 1 . 4 995. 91
1 1 7. 2698.8277.42
I
2 265223
7'-)379. 6
87 0110.9 !88 7
40 3 i40 5
2 0 '<40. 8n o2 7
11 038 940 640 9
41. 040. 6
40 941.940 r,
41 541. 041 940. 540. 1
39 539 9
9 f.
40 237 710 830 64'> 5
38. 541. 440. 740. 540 038. 0
40. 941. 837. 641.9
30. 135. 039. 335. 5
42. 841.039. 340.938.640. 537. 8
39. 138.6
95. 91104. 45117.3175. 08
78. 7695.68
123. 41
103. 48112. 7196. 39
118. 6998.4279.00
j
994
T 80 0 !
101. •'112 6 i
89 7
40 410 8
41 141 3
41 7
40 040 940 940. 4
41 14" 140 C\
11 SV> 441 811. 040 0
39 010 - )
'' 040 538 040 736 549 3
38. 441 741 311.041 037 1
-U 041.737 14'> 0
36 735 739 336. 2
42 641.239 •>40.838 540 637 6
38 939.4
96. 56105. 22118.43
77 82
78 7698. 16
123. 11
104. 39113 67
97. 41
119.97100. 0478. 80
1
2. 284225
735SO 4
111.6113 290 3
40 540 6
9 8
41 141 19 S
41 440 440 441 539. 938. 3
41 349 140 7
4° 243 141 640. 93.9. 9
39 840 19 8
41 138 440 936 549 4
38. 441 841.641.241 337 2
40. 942 035. 041.9
38 136. 742. 237.2
42.841.439.440.838. 640. 637 7
39.339.9
96. 80105. 22117.16
79. 59
78. 3899. 60
118.50
105. 73114.0997. 68
1 121.96! 99. 80
78. 60
2, 324235
73980 0
114.0115. 192 0
40 740 5
2 941.241 03 0
41 340 441 041 540. 138.0
41 742 140 9
41 942 541 041.239. 9
40 140 0
9 q41 938 441 136 842 9
38.341 842. 041.449 o38 3
41.342. 037.241.6
37 636. 141 436.7
43 041.939.740.838.940.738 2
39.739.5
97. 27105. 47116.8880 40
79 95100. 43119.10
106. 75114.0998. 16
121.09100. 94
; 78. 60
1
i
2.339 !937 i
"3 ' <79 3
• 124.x !r 113 •> !
- ss * !
r 4(j -.r 40 •) 1
4 > s40 841 0
r 40 740 4
r 4(1 341 t;39 437.4
r 40 <)r 41 7-• 40 3
r 41 9r 49 7
41 440. S
r 39 3
40 939 S
r 19 ( )
37 °40 ( \
r 31; (ir 4-)' s
38. -241 549 341.64'! 9
T 38 5
•' 40 9r 41 3
49 3
r 38 4
36 8r 49 7
37 4
r 40 4r 41.9
40 341. 1
r 39 2r 40 8r 38 o
T 39 6r 39. 3
r 96. 80r!04 45rl!5. IS
80 40
r 78 18r 100. 67r 116. 62
V 104. 30' rl!2 59
r 96. 72
' r 121. 93i 99. 55• r 77. 03
• > . 335•'34
I
73079 8
12S. 0r 113 5
99 7
1(* 44' 9 |
9 S
4( S41 8
' 8
J-0 6' 41 1.- 41 3
41 S<• 39 4
r 41 3r 41 5r 40 4
•• 41 'i
• ' 4 1 . ir 39 7
r '-{() Q
•' 39 4
r -11 1r 3~ 7
.- 40 7r 37 Q<• 4'> 8-t_. A
r 3S. 4r 41 3r 41 5
r 4(j Or 3S 0
::::::::
95. 751 103 63
r 115. 06r 89 9()
T 80 54! 101.57i r l !6 . 23
'"105.32'r ir? 05
T 96. 96
r 119. 48MOO. 04
r 77. 42
l l f i 4
40 640 4
3 041 341 13 o
41 041 i41 441 539 8
41 741 t s40 8
49 4
40. 940 °
39 939 6
41 64 1 040 i36 649 7
38. 541 54>:> 0
41 037 >
I
97. 03105 7311" 6282 20
81 14101. 26118 91
107 17• 112 32j 98. 33
123.8199. 80
; 78. 79T Revised. ? Preliminary.1 Includes Post Otlice employees hired for the Christmas season, there were about 225,000
such employees in the United States in Dec. 1961. 2 Based on unadjusted data,cf Effective with Mar. 1962 SURVEY, index is shown on new base period.
fSee corresponding note, bottom p. S-13. 9 Includes data for industries not shownseparately. § Except eating and drinking places.
October 1<)(>2 SURVEY OF CURRENT BUSINESS 8-15
Unless otherwise stated, statistics through 1960and descriptive notes are shown in the 1961edition of BUSINESS STATISTICS
1960 1961
Monthlyaverage
1961
Aug. Sept. Oct. Xov. Dec,
1962
Jan. Feb. Mar. Apr. May .Tune July Aug. Sept."
EMPLOYMENT AND POPULATION— ContinuedHOURS AND EARNINGS— Continued
Average weekly cross earnings per worker on pay-rolls of nonagricultural estab.t — Continued
All manufac tur ing estab.f — ContinuedNondurable goods industries dollars. _
Food and kindred products - doTobacco manufactures doTexti le mil l products . _ doApparel and related products _ . .. - do ...
Paper and allied products doPrint ing, publishing, and allied ind do...Chemicals and allied products.... doPetroleum re f in ing and related ind. . . .doRubber and misc. plastic products do _ .Leather ar id leather products... ... ...do... .
X on manufac tur ing establishments:!M'inim r9 ... _ _ _ . do
Metal m i n i n g doCoa! ni miner - . ... - doCrude petroleum and natural gas do. __
Contrac t construct ion doGeneral buildim* contractors doI l e a v v construction doSpecial t rade contractors _ .... do
Transportat ion and public u t i l i t i e s :Local and suburban transportation. ...doMotor fre ight transportation and storage -doTelephone communica t ion „ doElectr ic , gas. and sanitary services do.
Wholesale and retail trade doWholesale trade . doRetail traded do
Finance, insurance, and real estate:H a n k i n g do
Services and miscellaneous:Hotels tourist courts , and motels doLaundries, cleaning and dyeing plants, .do
Average hour ly gross earn ings per worker on pay-rolls of nonagr icu l tura 1 es tabl ishments : !
Exc lud ing overt i rnecf doDurable noods industries do
Exclud 'n 0 ' overtimed71 do
Ordnance and accessories doLumber and wood products doFurn i t u r e and futures doStone, clay, and glass products doPrimary metal industries do
"Blast furnaces, steel and rolling mills _do
Fabricated metal products _ . .doMachine7 ' v doElectrical equipment and supplies doTransportation equipment 9 <1°
Motor vehicles and equipment doAircraft and parts .. ... _ ... . do_ ._
Instruments and related products doAl iscellaneous mf°r industries do
Nondurable goods industries doE \eluding overtimed71 do
Food and kindred products doTobacco manufactures doTextile mi l l products doApparel and related products doPaper and allied products do
Printing, publishing, and allied ind doChemicals and allied products _ doPetroleum refining and related ind ,do
Petroleum refining doRubber and misc. plastic products doLeather and leather products do
Nonmanufacturing establishments:!A l i n i n g 9 . _ ._ . _ . _ . do ...
Metal mining doCoal mining... ___ . do . .Crude petroleum and natural gas do
Contract construction doGeneral building contractors.- _ do._.Ileavv construction doSpecial trade contractors ..do.. -
Transportation and public utilities:Local and suburban transportation .do . _ -Motor freight transportation and storage.doTelephone communication doElectric, gas and sanitary services do
Wholesale and retail trade doW holesale trade doRetail trade§~ do
Services and miscellaneous:Hotels, tourist courts, and motels doLaundries, cleaning and dyeing plants, .do
r Revised. * Preliminary.!See corresponding note, bottom p. S-13.§Except eating and drinking places.9 Includes data for industries not shown separatelc? Derived by assuming that overtime hours are p;
80. 3i;86. 30(H. 9403. 00
95. 37102. 80103. 25118,7892. 97CO. 52
105.44111. 19110. 76103.32
112. 07103. 72
118. 11
94. 82104. 1789. 50
108. (ft
70. 9891. 1302. 37
(57. 1587 41
43. 8948. 11
2. 202. 202.43? 30
2. 071.891.882. 292.813.08
2. 442 552. 282. 742.812.702. 321.89
2. 05I 992.111.701.611.592. 26
2.672. 502. 893.022.331.64
2. 612 663. 122. 463. 072.932.823.29
2.202.512.262. 65
1.822. 251.62
1.101.24
y-iid at t l u
82. 9289. 1669. 0365. 0457. 70
99. 45105,05106. 81124.4290. 7202. 83
107. 18! 13. 44111. 34105. 75
117.71108.83118.48123.08
98. 24108. 1093. 38
112.48
72. 9493. 5004.01
09. 1989 83
45. 5449. 28
2.322. 252.492.42
2.781. 951.912.342,913.20
2.492.622. 352.812.872.782.391.92
2. 112.052.181.771.631.632.34
2.752.583.023.162.401.68
2.642.743.112.533.193.042.943.40
2.292.602.372.75
1.882.311.68
1.151.27
1 rate of
83. 5888. 6068. 1760. 0259. 86
101.05105.33107.49122.5997. 8562. 79
108. 09113.021(3.83104.07
122.051 1 1 . 74127. 15120.45
99. 10111. 1993. 62
112.07
73, 8893. 7905. 23
09.1990. 34
45.2148. 76
2.312.242.482 41
2. 781.971.912.362.913. 19
2.492. 612.352.812.872.782.391.89
2. 102.032. 141.701.631.642.35
2.752.592.993.152.411.67
2.632.733.112.513.173.022.953.39
2.292.612.372.74
1.882.311.69
1. 101.26
time and
83. 7489. 4467. 3966. 0956. 93
102.151 0(5. 371 07. 531 20. 8898. 7461. 88
109.001 i 4. 08m. 19100.08
120. 43109. 85121.80120. 25
98. 07111 .1497. 53
114. 26
73. 7294.7704.00
69. 3790. 20
45. 3149. 15
2. 33
£ Hi)•> 4]
2. 792.021 . 5)3
2! 9-13. 21
2. 482. 032, 352.812. 842. 802 391.91
2.122. 052.151 . 621 . 641.652.37
2.772.613.053.212.421.70
2.662.753.122. 553. 223.063. 003.44
2. 302.642.422.78
1.902.341.70
1.151.27
one-half
84. 7789. 8409. 3007. 0860.14
101.91105. 71108. 58125.9398:49(52. 70
111. 19117.881 1 7. 1 8107.95
123.00112.98127.08127.97
98. 24111.0790. 04
1 1 4. 95
73. 3494. 0004. (54
70. 1290. 35
47. 0850. 05
2.342.262. 512.43
2.802.011.942.372. 903.26
2. 502. 642.362.842.882.822.401 . 91
2.132.062.171.701.641.682.37
2.762.613.023.172.421.71
2.662.803.102.543.223.072.993.44
2.292.642.412.79
1.902.331.71
1.181.28
85. 3989. 7969. 3268. 3160. 62
102.38100.09109. 521 20. 40100.1204.98
109.88115. 04110.94100.75
118.20110.05117.00124.20
100.02111.0490. 47
115.04
73. 3495. 0064.13
70. 3190. 58
46. 4149. 00
2. 302. 282. 542. 45
2. 811 . 991.942. 372.973.28
2. 05
2.90l>- 982. 832.411.92
2.142. 002.191.811 . 051.672. 37
2. 772. 623. 043.192. 431.71
2. 682. 803.112. 563.243.103. 003.45
2. 312. 652.432.80
1.912.341.71
1.191.28
NOfromThe iieach o
85. 5790. 8072. 9807. 8259. 95
101.9107. 9708. 99
123. 0202. S366. 18
309. 89118.30117.02107. 17
114.82no. 13
111. 33121. 80
99. 33111.7290. 38
114.80
73. 3295. 4764. 73
70. 8791. 72
46. 8049. 54
2. 382. 30
2. 40
2.811. 971.95
2. 983. 29
2. 542. (572. 382.913 002.842. 421.96
2. 152.082.221.821.651.672.37
2.792.623. 033.172.461.71
2. 702.813. 122.573.293.143. 053.49
2.312. 662.442. 80
1.882. 341.69
1.201.28
TE FOJNationalde.x is ba
f 33 citie
84. 2490. 4566. 2566. 1757.62
100. 20105. 30109. 50128. 4499. 3166. 18
108. 93110. 88117.38106. GO
111.22102. 08104.72119. 34
100.11108. 7995. 89
115.77
73. 9294. 1304. 84
71. 2492. 19
40. 2948. 89
2. 392.312. 502.48
2. 811 . 971 . 942. 393.013. 32
2. 542. 672. 382.882 942.842. 431.97
2.162.092. 251.811.651.672.38
2.782.643.083.212.441.71
2.732.833.132. 603.333.183.083.51
2.352.662.442.81
1. 922.331.72
1.191.29
^ HELIndustn
sed on t> located
84. 2890. 0068. 8260. 8359. 95
100. 01100. 68108. 47123. 0297. 2804. 98
110. 30117. 59130.94108. 52
113.37100. 30109. 10119.37
99. 22109. 4790. 14
114.05
73. 9294. 3005. 22
71. 2392. 00
40. 4148. 01
2.382. 312. 552. 47
2. 821. 941. 932. 373. 013. 33
2. 532. (582.382. 809 9]
2.832. 441.98
2. 152. 082. 251.841. 051.672.37
2. 802. 623.033. 162.421.71
2.712.823.112.593.233.092.853.47
2.342.672.442.81
1.922.341.73
1. 191.28
P-WAN'al Con ftic numbthrough
85. 3290. 4572.0168. 5461. 49
101. 15107. 42108.05123. 3298. 2565. 30
110.84118.29117.09108. 52
118.05109.55114.3''.123. 90
99. 30no. 7095. 89
115.31
74. 5095. 1805. 39
71. 0292. 02
4(5. 5349. 41
2.382.312 502. 48
2.821. 931 . 942.383. 013. 33
2. 532. (592. 382. 8(59 912.832. 431.97
2. 162. 092. 251. 911.681.682. 38
2.792.613. 033. 152.421.72
2.712. 833. 132.593. 273. 132.913. 49
2.322.702.442.82
1.932. 351.73
1.191.28
FED Arence R>r of heirout the c
85. 5491.1374. 1008. 3800. 90
101.10107. 90108. 84125. 55
99. 0303. 81
110. 70118.01110.12109.20
120.01112.10116.33120.31
100. 11112. 0695. 05
115.40
74. 3195. 8205. 42
71.0293. 20
4(5. 2950. 83
2. 392.312. 502. 48
2. 841. 971 . 942. 403. 013. 32
2. 542. 702. 402.87•> 942. 842. 441.97
2. 102. 09
L951 . 081.672. 39
2.812. 613.043.172.431.72
2. 702. 833. 13.2. 603. 273. 142. 963. 49
2. 352 7'y
2' 442. 83
1.932. 361.74
1.191.29
DVER1oard and>- wantedountry,
86. 3792. 4875. 6569. 1 2GO. 59
101.34107.90109.521 20. 05101. 1903. 9S
109.011 1 9. 2810X. 15108. 52
123. 44114.14124.07129.40
100. 58112.0196. 1 4
1 1 5. 40
74.8896. 2265. 98
93. 25
46. 7751.87
2. 392. 31
2. 47
2. 831.971.942. 402. 973. 27
2. 562. 7!2. 402. 899 972.842.441.97
2. 172. 092.251.971.091.002.39
2.812.623.033.172.451.72
2.682.843.092. 593.243.112.943.48
2.352.722.442.83
1.942.371.75
1.191.30
ISINGB. K.
ads pubreprcsen
87.0292.7076. 0369. 4601.09
102. 96107. 02111.19127. (58104. 5865. 88
111. 10118. 80115. (59107. 74
121.45111.91122. 13127. 72
101. 48114.3997. (50
115.87
75. 8090. 87(50. 85
71.8093.21
47. 0451.35
2. 39r 2. 31
2. 502.47
2.831 . 991. 952.42
3.28
2. 502.712. 402.892. 952.852.451.97
2.172. 102.251.981. 091. 002.40
2.812. 003.043. 182.491.72
2.692.833.112.593.233. 102.953.48
2.362.732.462.84
1.952.381.75
1. 201. 30
INDEADaris &ished in
t ing the
86. 80r 93. 06
73. 2808. 21
r 00. 7(5
' 103.58107. 34110.81129.44101.84
* (55. 84
' 110.02r 1K5.88r 102.30110.83
r 125.57115.92
r 127.07131. (55
r 100.49* 114.81* 99. 54117. 14
r 70. 4.4r 97. 10r 07. 38
r 72. 50r 94.89
'• 45. 94r 50. 70
2. 392. 31
r 2. 502. 47
2. 831.991.94
r 2. 42r 2. 90r 3. 28r 2. 55
2. 702.40
r 2. 91r 2 (.'H
T 2. 802.44
r 1. 96
2.172. 10
r 2. 231.971. 081. (562. 42
2.812.673. 063.212.491.71
r 2. 692.83
2. (523.273. 15
r 2. 993. 52
2. 372.74
r 2. 472. 85
1. 952.381.75
r 1.161. 29
, P. s-Bro. A
one leacarger m
r 86. 18' 91. 24r (57. 8(5T OS. 38' 01. 79
r 103.58r 108.29f 109.8(5
r 101.02r 05. 3(5
2. 372. 292. 542. 4(5
r 2. 82T 2. 00
1. 952. 432. 95
2. 702. 40
r 2. 90
r'2 44r 1 . 95
2. 10r 2. 09r 2. 20
1.801.081.072. 42
r 2. 82T 2. (56r 3. 03
2.47r 1. 72
8(5. 1891. 52(58. 0007. 37(51. 85
103.33108. 9(5110.81127. 20101. 0804.30
. . .
2. 392. 30
•I 47
2. 822. 001. 9*52. 442. 97
2. 702. 412. 92
2. 441. 9(5
2. 102. 092. 201. 001. (581. 092. 42
2. 832. (573. 03
2.481.73
16. New series;dverlising Service.ing newspaper in^t ropol i tan areas.
s-16 SURVEY OF CURRENT BUSINESS October 1962
Unless otherwise stated, statistics through 1960and descriptive notes are shown in the 1961edition of BUSINESS STATISTICS
1960 1961
Mont hi yaverage
1961
Aug. Sept. Oct. Xov. Dec.
1962
Jan. Feb. Mar. Apr. May June July Aug. Sept.
EMPLOYMENT AND POPULATION—Continued
HOURS AND EARNINGS— Continued
Miscellaneous wages:Construction wages (ENR): §
Common labor $ per hrSkilled labor do
Farm without board or rm., 1st of mo - doRailroad wages (average, class ! ) _ _ _ _ _ do _Road-building com labor (qtrlv ) do
LABOR CONDITIONSHelp-wanted advertising, seas, adj.0 1957 = 100--Labor turnover in manufacturing estab.: t
Accession rate, total.. mo. rate per 100 employees..Seasonallv adjusted* do
N"pw hires doReparation rate total do
Seasonally adjusted* doQuit doLavofT do
Industrial disnutes (strikes and lockouts):Beginning in month:
Work sronnacres numberWorkers involved thous
In effect during month:Work stonna^es numberWorkers involved thousMan-da^7s idle during month do
EMPLOYMENT SERVICE AND UNEMPLOY-MENT INSURANCE
Von farm placements thousUnemployment insurance programs:
Insured unemployment, all programs doState nrograms;
Initial claims doInsured unemployment, weekly avg _ _ d o
Percent of covered employment:^"Unadjusted^eisonally adjusted
Beneficiaries weekly average thousBenefits paid mil. $
Federal emplovees, insured unemploymentthous--
Veterans' program (UCX):Initial claims -- doInsured unemployment weekly avg doBeneficiaries weekly average -doBenefits naid ' ...mil. $__
Railroad Program:\pplieations thous ..Insured unemployment weekly avc doBenefits paid ' ' - mil. $ .
2 6994.031i .97
2.616i 2.09
94.2
3.8
2.24.3
1.32.4
278110
1, 600
485
2, 007
1, 4341, 906
4.8
1. 640227. 2
33
295452
7.0
3172
13.1
2 8274. 1901 .99
2. 675i 2. 14
85.9
4.1
2.24.0
1.22.2
281121
1, 360
492
2 2, 481
1,5162,300
5.6
2, 004285 2
33
280765
9.0
2291
16.8
2 8604 223
2. 654
86. 1
5.34.13.14. 13.81.71.7
35584
605157
1, 320
6032 1, 905
1,2481,744
4.35.2
1.589237. 2
31
305857
8.2
2671
16. 2
2 8624 237
2.692
84.8
4.73.73.05. 14. 12.32.0
315314
573372
2, 580
6072 1, 715
1.0811, 558
3.85. 1
1,374185. 0
28
9-5253
6. 9
1!)77
13.6
2 8714 245
.932.6742 25
95. 9
4.34.42.74. 13.61.42.0
324226
568275
2,480
590
2 1, 651
1.2191, 502
3.75. 1
1, 283180. 9
28
244746
6. 3
1474
13.8
2 8774 253
2.681
99.1
3.34.01.94 03.91. 12.2
25786
501160
1, 500
5112 1,816
1,4001,662
4.15. 1
1,331190.9
29
224744
6. 1
1577
13.8
2 8774 253
2.700
96.9
2.63.81.44 04 1.9
2.6
14237
36686
855
448
2 2 , 1 7 4
1,05X2,017
5.04.8
1,577218.5
31
204946
6.0
1377
13.4
2 8784 257
1 112. 678
2 15
102.3
4.14.42 23 93 91 12.1
265160
400185
1.040
4652 2, 659
1.9742, 486
6.24 7
2, 055314. 9
36
245251
7 .4
1686
16.2
2 8894 273
2.729
105. 9
3.54.12. 03 43. 91. 11.7
22567
330100808
4252 2, 579
1,2862,415
6.04.5
2,127287. 2
36
214949
6. 1-,
8013.7
2 8974 283
2.678
106. 3
3.74.39 ')
3 63.81. 21.6
26098
350136
1, 180
5112 2, 374
1,1712,218
5.54.4
2,073310. 2
34
264947
6. 5
-
7414.8
2 9014 283
1.072. 6882 25
106. 1
4.04.42 43 63 71.31.6
320125
460155
1,240
5772 1, 968
1,1471,831
4.53.9
1,688239. 6
29
254545
6.0
464
11.8
2 9334 316
106.0
4.34.32.83 84 11.51.6
440195
625240
2. 650
6562 1.686
1 1331,570
3.93 8
1.389215.0
26
224039
5. 7
45'}
9.1
2 9414 321
98.5
5.03.93 43 84 31.51.6
410155
650300
2, 880
605
-1.577
1.0831,469
3.64.0
1.311188. 9
24
254039
5.4
7r 44
7.8
2 9574 356
1 06
2 33
97.9
»• 4. 5M.IT 2 9r 4 4r 4 6
1 Ar2 2
35090
575189
2.040
580
21,666
1 3951,543
3 84 3
1 °61187 0
26
304640
5.7
6552
7.3
2 9814 395
97.0
M. 7p3. 7p v 9•p 4 9P 4 5•P 2 0P 2 2
335120
570186
1 950
642
2 1.598
1 1971, 469
3 64 4
1 957197 4
26
39"9
466 9
9 9814 408
o 95
FINANCE
BANKINGOpen market paper outstanding, end of mo.:
Bankers' acceptances mil. $Commercial and finance co. paper, totalt-.-do
"Placed through dealerst doPlaced directly (finance pnoor)J do
Agricul tura l loans and discounts outstanding ofagencies supervised by the Farm Credit Adm.:
Total end of mo mil $Farm mortgage loans:
Federal land banks doTynans to cooperatives doOther loans arid discounts - do
Bank debits:Unadjusted:
Total (344 centers) bil $New York Citv -- do6 other leading centers'! do
Seasonally adjusted:*Tot11! (344 center^) do
New York Citv do
337 other centers do
Federal Reserve banks, condition, end of mo.:Assets totol 9 - mil. $
Reserve bank credit outstanding, total 9 -doDiscounts and advances doU.S. Government securities do
Gold certificate reserves do
Liabilities, total 9 do
Deposits, total 9 - _ _ _ do _Member-bank reserve balances do
Federal Reserve notes in circulation do
Ratio of gold certificate reserves to deposit andFR note liabilities combined percent..r Revised. p Preliminary. i Quarterly ave2 Excludes persons under "Temporary Extendc
extended duration provisions (thous.): 1961— Aug., 4365; 2; Nov., 355; 1; Dec., 357; 1; 1962— Jan., 354; 2; Fel121; 33; June, 53; 37; July, 2; 32; Aug., 0; 30. 3 Enc
© See note, bottom p. S-15. t See correspond§ Wages as of Oct. 1, 1962: Common labor, $2.98
3 2. 0273 4. 4973 1. 358>:• 3, 139
3 4, 795
3 2, 5643 649
3 1,582
236. 691.948.1
352,984
329,359333
327,3843 17, 479
3 52, 984
3 18, 336317,081328,450
337.4
rage.1̂ Coni{
50 and 2,i.,333;2:[ of yearing note7; skilled
* 2, 6833 4, f>S(i3 1.71132 .975
3 5, 277
3 2, 828•" 697
3 1,752
259.310(5. 651.9
3 54, 3293 3 1,362
3 130328,8813 16, 6153 54. 329
318.4513 1 7. 387329,305
3 34. 80 As of CjensationrespcclnMar., 32
bottomlabor, $-
2, 4004, 94(51.6173, 329
5,347
2, 767046
1, 935
100. 951.4
258. 1105. 451.4
101. 3
51,059
28. 83547
27, (59717, 187
51,059
17,72416, 62028. 034
37.6
)ct. 1.prograi
"elv; Sep2; 6; Apr
p. S-13.1.417.
2, -JIT.1
4, 875i. 7: o3, 1-ln
5. 352
2, 784645
1. 922
2 16. 6ion. 349. 0
2(51 8107. 8
52. 0102. 0
51, 696
29,21328
27, 79917,099
51,696
1 8, 0381 7, 10528, 100
37.1
n and it., 403; 3;,230; 18;
2. 1915, 119l . S l x3,301
5,313
2 800(579
1,834
274.7113.7
54. 3
272. 4113.6
54. 0101.7
52, 087
29. 548
28, 26817, 028
52, 087
18. 10416,88828, 229
36. 7
in dorOct.,
May,
l.Si'.S3. Jsi
2. 8126<)5
1.745
112'. 554. 2
273. 8115.2
."4. 4104. 2
52, 933
30. < ) f > 039
29. 21010, 7!0
52. 933
18, 13(;17. 20028, 814
35. 6*j
data ic?1
•M+ •are a\
119
2, 6834. fisfi1 , 7 1 .1
5, 277
2, 828697
1, 752
120 ' 357. 5
273. 7111.0
55 0104.8
54. 329
31,3021 30
28. 88!16. ! i l 5
54, 329
18.45117,3*729, 305
34.8
\ew seri) -ior to 1InsuredMonthlyail able uncludesIncludes
2,6215, 5561,7623, 794
5, 320
2, 848716
1.757
294.6118 1
(51.5
°77 8110.3
58. 2109. 3
52,311
29,612129
28, 5,T216,542
52,31!
17.74916,87228, 530
35.7
>s. Date961 for b£unemplore vision <•pon reqiBoston, 'data not
2, 5595, 520i, 7623, 7." 8
5,411
2, 868730
1,812
239.594.349. 0
263. 0103.354.4
105. 4
29, 928139
28. 36016. 530
52, 547
17. 85016,80828, 483
35.7
i prior tfink debiyment a
or ior toest.
3hiladelishown s
2. 4985,7131 , 8763. 837
5, 502
2. 899
1, 875
293. 2124,759. 7
283. 5118. 157. 5
107. 9
51,932
30. 224115
29,06116,336
51,932
1 7, 95216,97228, 474
35.2
) 1961 foi,s will bes % of aMay 19
hia, Chieparatel
2. 3925, 6401,8833, 757
5, 594
2 9v>2719
1,953
281 . 5117.258. 0
288.5118. 159. 1
111.3
52, 739
30, 641120
29.18216. 222
52. 739
18,2071 7, 03528, 537
34.7
labor tishown 1
verage c61 (Aug.
cago, Dey.
2, 3455,9171.8694. 048
5, 678
2.948694
2, 037
295. 5122. 159.8
287.1119. 157. 6
110.3
52. 654
30, 705131
29, 62216. 158
52, 654
17.73916,61428, 744
34.8
irnoverater.overed e1959-Jul
troit, Sai
2, 3425, 8641,8783, 986
5, 770
2, 968692
2, 109
291.8121.9
59. 4
282. 4115.757.9
108. 8
53, 396
31,26176
29, 66316,158
53, 396
18,4151 7, 20629, 021
34.0
ippear ii
mploym(y 1960 fo
i FrancL
2, 3066,1692. 0024,167
5, 841
2 986704
2, 1 50
279.7111.457.5
285. 7114.459.0
112. 3
52. 90S
31,04073
29, 786] 5. 871
52, °08
17. 87816.88529. 197
33.7
i BLS I
?nt in ar placed
>co, and
fi! 5752 1194, 450
5. 833
3 003680
2,150
281.2110.857. 5
284.0115.857.4
110.8
r 52, 870
31,618101
30.35815,817
' "2. 879
18.06717.110
r 29, 351
r 33. 4
Julletin :
12-montlthrough
Los Ang
53, 596
31, 69048
•">9 82515, 796
53, 596
1 8, 26817. 32129, 378
33.2
Vo. 1312;
i period,dealers)
3les.
October 1902 SUEVEY OF CUBEENT BUSINESS S-17
Unless otherwise stated, statistics through 1960and descriptive notes are shown in the 1961edition of BUSINESS STATISTICS
1960
End o
1961
f year Aug. Sept.
1961
Oct. Nov. Dec. Jan. Feb. Mar. Apr.
1962
May June July Aug. Sept.
FINANCE-Continued
BANKING— Continued
All member banks of Federal Reserve System,averages of daily figures:
Excess reserves - mil. $ _Borrowings from Federal Reserve banks doFree reserves - -- - .-do
Weekly reporting member banks of Federal ReserveSystem, condition, Wed. nearest end of yearor month :f
Deposits:Demand, ad justed cf _.inil. $ _
Demand, total 9 doIndividuals, partnerships, and corp doStates and political subdivisions doU.S. Government _ _ _ . doDomestic commercial banks do
Time total 9 doIndividuals, partnerships, and corp.:
Savings doOther time _ -- _ _ d o --
Loans (adjusted) to talc? doCommercial and industrial doFor purchasing or carrying securities doTo nonbank financial institutions doReal estate loans doOther loans do
Investments, total _ _ d oU.S. Government obligations, total do
Notes and bonds doOther s ecurities do. _ _ _
Money and interest rates :§Bank rates on business loans:
In 19 ei(ies percentNew York Citv do7 other northern and eastern cities do11 southern and western cities do
Discount ra te , end of year or month (N.Y.F.R.Bank) ' percent
Federal intermediate credit bank loans doFederal hind bank loans do
Open market rates, New York City:Bankers' acceptances (prime, 90 days) doCommercial paper (prime, 4-6 months) _ _ doFinance Co. paper placed directly, 3-6 months
percent- -Stock Exchange call loans, goin£ rate do
Yield on U.S. Government securities (taxable):3-month bills (rate on new issue) percent--3-5 year issues do
New York State savings banks, end of yearor month mil $
U.S. postal savin ers 1f - - do
CONSUMER CREDIT t(Short- and Intermediate- term)
Total outstanding, end of year or month mil. $__
Installment credit, total do
Automobile paper doOther consumer goods paper doRepair and modernization loans doPersonal loans do
By type of holder:Financial institutions, total do
Corn mercial ban ks doSales finance companies doCredit unions doConsumer finance companies doOther _ _ do
Retail outlets, total. doDepartment stores doFurniture stores doAutomobile dealers doOther do
Noninstallment credit, total do ._
Single-payment loans, total doCommercial banks doOther financial institutions do
Charge accounts, total... ___ _ _ _ _do _ .Department stores doOther retail outlets . ___ _ doCredit cards___ __ do
Service credit _._ .do
1756187
i 669
93, 215
~ ~ 4 ~ 747"3, 979
35, 386
71 00932, 1 56
3, 945
12, 824
40, 75430, 54724, 94410,207
3 5 1 63 4 973 5. 153 5 45
3. 004 5. 051 6. 00
4 3. 514 3. 85
4 3. 544 4. 99
4 2. 9284 3. 99
21 , 400770
55, 757
42, 588
17,44411,5253, 139
10, 480
36, 97416, 67211,2283, 9233,6701,481
5, 6152,4141, 107
3591,735
13, 169
4, 5073,884
623
5. 329941
3, 952436
3, 333
1568i 1491419
65. (544
97, 95870.118
5, 0024. 033
13,415
41,603
30 2255, 945
74, 28532. 797
4. 7056,159
13, 40321.194
46. 06933, 9(5026. 60912, 109
3 4 973 4. 763 4. 983 5. 28
3. 004 4. 004 5. 64
4 2. 814 2. 97
4 2. 684 4. 50
4 2, 3784 3. 60
22, 357051
57, 1 39
43, 163
16, 96011,7713,177
11,255
37. 58016, 84311, 052
4, 3523, 7981, 535
5,5832,4211,080
3591. 723
13, 976
4, 9554,224
731
5,438948
4,027463
3,583
60467
537
61, 855
86. 37962, 9354,8473, 568
10. 58(5
40, 660
2Q 0306,415
69,55131,4763,6155, 044
13, 05519, 408
44, 75033, 46426, 31 111,286
3. 003. 975. 60
2.812. 92
2.644. 50
2. 4023. 80
21.857681
54, 739
42, 090
17, 06110, 9663. 165
10, 898
37, 32017, 06510, 8864, 2073, 6591, 503
4, 7691, 8961,001
3591,513
12, 649
4, 7694, 100
669
4, 409589
3,327493
3,471
58437
547
62, 166
90, 35464, 480
4, 6935, 533
11,022
41,007
29 2446, 512
70 989-' 31 ,805
4, 0605 487
13, 13619, 690
46, 11434, 41426,14911,700
4 994 755 055 26
3. 003. 985. 60
2. 843. 05
2. 684. 50
2. 3043. 77
22 048673
54, 757
42, 039
16,90211,0063,180
10, 951
37. 18816! 90910, 8824, 2333, 6501, 514
4, 8501, 9791,009
3601, 502
12,718
4,8324, 129
703
4,423623
3,312488
3,463
50765
442
63, 423
92, 65866, 407
5, 0274,071
12,008
41,209
29 6216, 406
71,84332, 085
4, 5355, 358
13, 24519,622
45. 62434, 08726, 83311,537
3. 003. 985. 60
2. 753. 00
2.794. 50
2. 3503. 04
21,982666
54, 902
42, 181
16,91311,0853, 183
11,000
37, 19116,87710, 8664, 2693, 6711, 508
4, 9902, 0971,014
3591,520
12, 721
4,7784, 125
653
4, 517656
3, 382479
3,426
622105517
63, 906
91,21666,183
4, 8943, 414
11,820
41, 188
29 7716, 190
71 67032. 109
4, 00-15, 375
13.34719,706
45, 64933, 93226, 88811,717
3. 004. 005. 60
i. 98
2.744. 50
2. 4583. < > X
22. 0(5665S
55, 451
42, 419
16, 96011,2153, 192
11,052
37. 24016,83610,8784,3173, 6811, 525
5,1792,2131,034
3601, 572
13, 032
4,8804, 158
722
4,684717
3, 498469
3,468
568149419
65, 644
97, 95870, 1 1 85. 0024, 033
13,415
41,603
30. 2255, 945
74 28532,797
4. 7056. 1 59
13,40321,194
46, 06933, 96026, 60912,109
1 964 774 965 'n
3. 003. 985. 60
2.873.19
2. 934. 50
2. 6173. 82
22, 357651
57.139
43, 163
16,96011,7713,177
11,255
37, 58016,84311,0524, 3523, 7981, 535
5, 5832,4211, 080
3591,723
13,976
4,9554,224
731
5, 438948
4,027463
3, 583
61670
546
64, 362
91.85367. 140
5, 2063. 220
11.175
42, 863
30,610(i, 553
71,87831,992
3. 8045, 516
13,42020. 696
46. 65334, 47526, 82012, 178
3. 003. 945. 60
3.003.26
3. 054, 50
2. 7463.84
22,350642
56, 278
42, 846
16, 87811,6053,131
11,232
37, 55116, 75911,1904,3063,7821,514
5,2952,2121, 057
3591,667
13, 432
4, 9064,203
703
4, 892804
3,614474
3, 634
50268
434
63,104
91, 87166, 501
5, 2343, 316
11,167
43, 906
31, 0737,067
72, 88632, 2044,4785, 575
13. 49720, 573
46, 04233, 51025. 64512, 532
3. 003. 995. 60
3. 00
3. 004. 50
2. 7523. 77
22, 420629
55, 592
42, 632
16. 90011,3803,099
11, 253
37, 46916,72611,1334,3113,7831, 516
5, 1632,1671,039
3581,599
12, 960
4,9314,220
711
4,294635
3,188471
3, 735
47091
379
62, 229
89, 01563, 9364,8484,277
10,844
45, 055
31,6217,627
74, 03033, 014
4, 5195, 624
13, 62020, 783
45, 50832,21425, 22613, 294
4 984,784.975 28
3. 003. 995. 60
3. 003. 25
3. 024. 50
2.7193. 55
22, 701620
55, 680
42, 704
17, 03911,2563,084
11, 325
37, 50916,77911.0494, 3553.7951,531
5,1952, 2271,018
3561 , 594
12, 976
5, 0564,279
777
4,191594
3, 139458
3, 729
51069
441
63,071
93, 06165, 458
5, 7714.744
11,297
45, 670
31, 7577,879
75. 93032, 937
5, 4495, 760
13, 87421,422
45, 97932, 0(5925, 82513,910
3. 004. 025. 60
3. 003. 20
3.094. 50
2. 7353.48
22. 570600
56, 650
43. 285
17,34311,3333, 094
11,515
37, 96517,04211,1214,4493, 8261, 527
5,3202, 3391,011
3511,619
13,365
5,1114, 390
721
4, 451620
3, 367464
3,803
49763
434
61.621
89, 29763, 705
5. 4045. 028
10, 357
46. 484
32. 0948,344
74, (54732, 854
4, 1095. 636
14,06821,390
4(5.01332. 25626.17313.757
3. 004. 015. 60
2. 913. 16
2. 954. 50
2. 6943. 53
22, 659591
57, 593
43, 893
1 7, 6S311,4233.131
11,656
38, 45317,31611,1994, 5433, 8361 . 559
5. 4402, 4301,011
3451 . 654
13,700
5. 2384, 421
817
4, 68363(5
3, 571476
3,779
471100371
61,472
91,39164, 022
4, 8296. 594
10,672
47, 077
32,5148. 53(5
75, 90233. 354
3, 958(i. 039
14 26821 . 543
46, 90432,41826, 20614, 486
5 01' 4 79
5. 005 33
3. 004. 025. CO
2. 903. 25
3. 024. 50
2. 7193.51
22, 931581
58. 277
44. 559
1 8, 03311,5553, 156
11,815
39,01017, (51011,3254, 6403, 8761,559
5, 5492 522i!oo8
3361 , 683
13,718
5 '^27I] 439
788
4, 739612
3,635492
3, 752
' 53289
' 443
62. 451
91,52765. 116
5, 1294,369
11,301
47, 242
'33,114' 8. 251
r 75, 73233, 14(53, 674('), 259
14.52521,754
4(5, r;823 1 , 63825, 98014, 944
3. 004. 055. 60
3.073. 3(5
3. 204. 50
L\ 9453. 7 1
22. 972573
58, 521
44, 967
1 8, 29111, 5703, 182
11,924
39, 42617,81511, 4354, 7053, 9071, 564
5, 5412,5171,009
3271,688
13, 554
5, 2034, 430
773
4, 607569
3,518520
3,744
' 564127
'437
' 60. 638
' 87, 901r 62, 583' 4, 622* 4. 917' 10, 920
'47,729
r 33, 404' 8, 428
' 75, 975'33,442r 3, 604' 6. 104
r 14. (596'•21.891
' 46, 093'31,075' 25, 274'15,018
3. 004. 075. 60
3. 1 13. 30
3.124. 50
2. 8373. 57
23.0875(55
59, 14(5
45, 514
18, 53011,6483, 216
12, 120
39. 89418,00511,5434. 8083, 9481 . 590
5, 6202. 5811.019
3171.703
13.632
5, 2744, 425
849
4, 638570
3. 521547
3. 720
4(5380
383
60, 694
92, 75(563, 988
4, 6427, 042
12. 109
48, 186
33. 8828. 5(56
77, 77034, 073
4, 2006, 282
14, 93121, 730
47. 17131. 99525. 54815. 17(5
4. 994. 775. 005. 32
3. 00
3. 093. 34
3. 134. 50
2. 7923. 5(5
23, 37(555S
'Revised. i Average for Dee. 2 Effective Sept. 1961, data for several categorieshave been revised to reflect reclassification of loans; this change reduced commercial andindustrial loans in Sept. by a net of $135 mil. 3 Quarterly average.
4 Monthly average. fRevised to reflect new coverage and revised classification ofdeposits (for details, see the June and July 1961 issues of Federal Reserve Bulletin}.
cf For demand deposits, the term "adjusted" denotes demand deposits other than do-mestic 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 valuationreserves (individual loan items are shown gross; i.e., before deduction of valuation reserves).
9 Includes data not shown separately. §For bond yields, see p. S-20.IData are as of end of consecutive 4-week periods ending in month indicated, except
June figure which is as of June 30 (end of fiscal year). J Revised to incorporate new bench-mark data; revisions back to July 1955 appear in the Dec. 1961 Federal Reserve Bulletin.
S-18 SURVEY OF CURRENT BUSINESS October 1062
Unless otherwise stated, statistics through 11)60and descriptive notes are shown in the 1961edition of BUSINESS STATISTICS
1960 1961
Monthlyaverage
1961
Aug. Sept. Oct. Xov. Dec.
1962
Jan. Feb. Mar. Apr. May June Julv 1 Aug.!
Sept.
FINANCE—Continued
CONSUMER CREDITt— Continued
Installment credit extended and repaid:Unadjusted:
Extended total mil. $Automobile paper d o _ _Other consumer goods paper _ do_.All other - - --do
Repaid total doAutomobile paper doOther consumer goods paper do
Adjusted:Extended total do
\utomobile paper do
All other do
Repaid total do\utomobile paper doOther consumer goods paper do\ji other do
FEDERAL GOVERNMENT FINANCE
Net cash transactions with the public:^*Receipts from mil. $Payment1' to doExcess of receipts, or payments (— ) do
Seasonally adjusted quarterly totals:Receipts _ do _ ._
Excels of receipts, or payments (— ) do
Budget receipts and expenditures:Receipts, total do
Receipts, netf doCustoms do
Individual income taxes.. do-_.Corporation income taxes doEmployment taxes doOther internal revenue and receipts do
Expenditures, totall doInterest on public debt doVeterans' services and benefits doNational defense doAll other expenditures do
Public debt and tniarnnteed obligations:Gross debt (direct), end of mo., total bil. $..
Interest bearing, total doPublic issues do
Held by U.S. Govt. investment accts.doSpecial issues do
Nonin teres t bearing do
Guaranteed obligations not owned by U.S. Treas-ury, end of month -- bil. $
U.S. savings bonds:Amount outstanding, end of month, _ _ do_.Sales, series E and H doRedemptions - do..
LIFE INSURANCE
Institute of Life Insurance:Assets, total, all U.S life insurance companies 9
bil $Bonds (book value), domestic and foreign,
total 1-bil. $._U.S. Government doState, county, municipal (U.S.) doPublic utility (U.S.) doRailroad (U.S.) doIndustrial and miscellaneous (U.S.) do
Stocks (book value), domestic and foreign, totalbil $
Preferred (U.S.) doCommon (U.S.) do
Mortgage loans, total doNonfarm do
Real estate doPolicy loans and premium notes do.Cash doOther assets ._ . do
Payments to policyholders and beneficiaries in' U.S., totnl mi l .$_ .
Death benefits doMatured endowments doDisability payments doAnnuity payments doSurrender values doPolicy dividends _ do
Life Insurance Agency Management Association:Insurance written (new paid-for insurance):
Value, estimated total mil. $..Ordinary doGroup and wholesale doIndustrial do
4. 1091, 4511,2061,4533,8131,3481,1311,334
8,1917,891
299
8, 3336, 626
913, 83S1,8911,0081, 5066. 464
773429
3. 8081.510
3 290. 22
-286 822242 .47
2 10. 642 44. 35
? 3. 40
2.16
2 47. 53.36.56
2119.58
2 58. 562 6. 432 3. 59
2 15. 9523.64
2 "25. 21
2 4. 982 1.792 3. 12
241.772 38. 79
2 3. 762 5. 232 1.332 3. 94
676. 5278.8
56. 110.360.2
136. 1135. 0
6, 2014, 3491.279
573
3. 9991.3151.2071,4773,9511,3551,1861,410
8,1618,728-567
8,3336. 513
88
1,7001,0391, 5087, 039
739445
4,0131 . 895
- 296. 17
1 292. 092249. 17
-1 10. 892 43. 52
2 3.48
2 .33
2 47. 79.38.47
-' 126. 82
2 60. 932 6. 132 3. 89
2 16. 222 3.58
2 r 26. 91
2 6. 262 2. 0324.14
2 44. 202 41. 03
2 4. 012 5. 732 1. 392 4. 29
734.2298. 4
59. 611. 164.2
149.4151.6
6,5704,5151.472
583
4.2341, 3951,2291,610
4, 0531,3961,1981, 459
4, 0381,3021,2121,5243,9941.3621,1971,435
9, 35710,552
-1,195
8,7136, 367
984.814
3821,8211,5977, f31
730471
4, 0462, 434
293. 71
290. 66245. 09
10.8145. 573. 06
47. 87.39. 4 4
'124.17r 60. 47' 6. 48r 3. 80' 16. 14
3.68' 26. 28
' 4 .47'2.08* 2. 33
T 43. 26' 40. 15
' 3. 94
' 5. 601.29
r 5. 13
728. 5313.7
56.411.463. ]
151.5132.4
0.3914,4371 . 375
579
3,7891,1681, 2001,4213,8391,3271,1591,353
3,9421,2711,1991,4723,9561,3501,1901.416
10, 2368, 2661,970
24, 90026, 200-1,400
10,2858, 945
904, 6793. 251
8841 , 380
0,771727418
3, 8521. 777
293. 75
290. 77245. 77
10. SI45.012. 98
. 27
47.89.34. 4 2
'124.69
r 60. 62r 6. 43
' 3. 82r 16. 16
3.67' 26. 43
r 4. 52' 2 08' 2. 37
' 43. 43r 4.0. 30
r 3. 96' 5. 64' 1.31'5 .22
673.4287.252.810.4
59. 9132.0131.1
5, 9244, 2061.145
573
4,2441,4521,3001,4924,1021,4411,2211,440
4, 2091,4051,2541,5504,0281,3721,2101,446
3,8729, 385
-5, 512
3,8113,141
1051,614
408241
1,4437, 796
713438
4, 0672, 587
295. 66
292. 71248. 82
11 .0143. 89
2. 95
.30
47.95.37.41
125.36
r 60. 88' 6. 44r 3. 84
r 16. 163.67
r 26. 66
' 4. 57r 2. 09r 2. 41
' 43. 63' 40. 49
' 3. 97'5. 67'1.34' 5. 29
723. 1286. 762.311.6
65.7151.7145. 1
6. 8984,7771.511
610
4, 2751,4021,3271,5464,0371,3551,1971,485
4,3171,5111,2491,5574,0171.3591, 1881.470
8, 5549,218-663
8, 0076, 424
1064, 891
3771 , 2661,3687, 485
740437
4. 2532, 055
297.01
293. 60249. 39
11.0844. 22
3.41
.31
48. 03. 36.38
'126.01
Mil. 08' 6. 40' 3. 88
' 16. 18' 3. 67
r 26. 82
r 4. 63' 2. 10r 2. 46
r 43. 87' •40.71
' 3. 99' 5. 70r 1 38' 5. 36
711.3292.760. 810.9
62.7140.7143.5
0. 7554,9791. 185
591
4, 7541,2891,7501,715
4,0101,2891,1941,527
4,3151,4711.3161,5284,0511,3611,2331 , 457
8,8688.576
292
25, 30026. 900-1,600
8,9807, 967
883, 3633,322
5051,7017. 100
781471
4 2581,836
296. 17
292. 69249. 1 7
10. 8943. 523.48
.33
47.79.34. 7 1
'126.82r 61.06' 6. 14' 3. 90
r 16. 22?.. 66
' 26. 93
r 4 . 8 2'2. 12' 2. 62
' 44. 25'41.08
'4. 01' 5. 74
1.39r 5. 55
967. 5320. 7
70. 011.356.4
163. 7345. 4
7.5195, 0721.921
526
3, 7561, 3201,0391,3974,0731,4021,2051,466
4, 1941,4741,1851,5353,9791,3801,1471, 452
5, 9688,726
-2, 758
5, 9595, 357
1003,570
466353
1,470
7,395803471
4,3161,890
296. 51
293.11250. 81
11.3242. 30
3.40
.35
47.78.48.62
127.31
61.666.313.96
16.233.65
27.23
4.822. 112.64
44.3841.21
3.975.771.285.43
808. 9349.1
74.712. 591.0
152. 7128.9
6. 0393, 9051 . 645
489
3,5661,284
9721,3103,7801,2621,1971,321
4,3021,4961,2811,5254, 0661,3691, 2531.444
9, 5678,967
600
9,7736,729
855,910
4002,0801,2986, 858
755449
4, 0941.575
296. 98
293. 55250. 80
11.2742. 753.43
.37
47.81.36.44
127. 73
61. 856.343.96
16. 253.64
27. 35
4.862. 122.67
44.4941.303.995.791.285. 46
704. 3295. 6
56. 810.9
66.3140.4134. 3
5, 9254, 2331.127
565
4, 3011.5741,1611,5664,2291,4351,2851, 509
4, 3631,5261, 2571,5804,0941,3931,2261,475
10,6858,2632.422
?4. 60027,800-3,200
12,3549. 104
1043. 7285, 8791,1881 . 456
7.749733
' 449i 4, 597' 1 , 972
296. 09
292. 48249. 68
1 1 . 5042.813.60
.40
47.81.37.48
128. 1 1
62 066.264.08
16.293.64
27. 48
4.892.122. 69
44. 6441.42
3.995.831. 205.49
830. 8350. 162. 911. 172.0
156.9177.8
6. 8344,8491 , 364
621
4.6581, 6881.2871,6834,0771,3841,2101,483
4, 6251,6061,3821,6374,1081,4031,2171,488
7. 0609,074
-2,014
8, 1535, 754
99
5, 348445745
1,5167, 289
777438
4,3151 . 766
290. 95
293. 36251.24
11.4742. 12
3. 59
.41
47.81.35.46
128. 57
62. 3S6. 354.06
16.303. 63
27. 67
4.932.132.71
44. 7541 . 52
4.015. 881.215.41
714.1300. 4
57. 611.6
66. 7141.5136. 3
6, 3524, 6311, 110
611
4,8581,7871.3461,725
4, 2501,4471,2561 547
4. 5931,6041 3121,677
4,1801,4181,2341 , 528
10,8509,1601,690
10.6587,024
104
6.243469
2. 2661.5767. 229
775433
4, 7851 , 241
2;)9. 17
295. 52251 . 23
1 1 . 4644. 293. 66
.43
47.81. 35.46
128. 93
62.636.324. 05
16.323.62
27.82
4.972.142.74
44.9541.684. 025.931.225.22
777. 5342.059.212.867. 7
157.2138. 6
6. 7574,7911.341
625
4.8301,7551,3581 , 7174, 1641 , 4051,2261 , 533
4,4771.5361 3081.6334,1591,4021.2301,527
13. 0429, 5033,539
26, 80026, 800
0
pl3, 315pll, 566
p 100p 4. 980v 5. 377p 1,071P 1,787p 7, 983
^842P400
P 4,970P 1,983
298. 20
294. 44249. 50
11.3644. 943. 70
.44
47.82.36.48
129. 14
62. 736. 234.06
16. 373.61
' 27. 92
4.952.172. 70
45. 1441.864.045.981.205.10
749. 6316. 556.312.168.2
142.7153. 8
6,7044,6661,463
575
4.6411,7091.2491.6834,2331,4511,2341,548
4, 5801.6011 3321,6474. 2391 , 4301,2711,538
4. 5679,314
-4.747
4. 5403, 566
1031, 497
525450
1, 9657. 252
828442
' 3. 954' 2, 107
297. 88
293. 92250. 12
11.5843. 803. 96
.45
47. 86.36.45
130. 00
63. 126. 114.06
16. 383.60
28. 09
4 992.182.73
45. 3442 03
4 106.041.265. 15
733. 4311. 654. 512.0
70 9149.0135.4
6. 2224. 5281 146
548
4.7921. 6861.3311.7754,2451,4471.2531 545
4 5801 5781 3251 677
4 1941,4171 2571 520
10.32810.577
—249
9. 4457.089
1075. 467
4311. 7861.654
8, 541794492
4, 4512. 849
301.84
297. 90252. 48
~~45.~43~3. 94
.47
47. 90.36
'.43
130. 60
63. 376. 384. 09
16.403.60
28. 15
5. 022.192.74
45. 5842 25
4. 116. 081 245.21
739. 2318.8
54 612.561 7
142 9148.7
6. 2734. 5051 214
554
""""
299. 50
295. 57251. 01
~~44.~ 56"3.93
.49
47.91.30.40
' Revised. v Preliminary. l Data beginning Mar. 1902 reflect revised classifications;not comparable with earlier figures. 2 End of year; assets of l ife insurance companies areannual statement values. tSee similar footnote on p. S-17.
cf Other than borrowing. *Xe\v series (compiled by t".S. Treasury Dept. and H u . ofthe Budget).
^Data for net receipts and total expenditures reflect exclusion of certain interfund trans-actions.
? Revisions for Jan. 1960-July 1961 will be shown later.
October 11)02 SURVEY OF CURRENT BUSINESS S-19
Unless otherwise stated, statistics through 1960and descriptive notes are shown in the 1961edition of BUSINESS STATISTICS
1960 1961
Monthlyaverage
1961
Aug. Sept. Oct. Nov. Doc.
1962
Jan. Feb. Mar. Apr. May June July Aug. Sept.
FINANCE—Continued
LIFE INSURANCE— Continued
Premiums collected (LIAMA):*Total life insurance premiums mil $
Ordinary doGroup and wholesale . _ _ _ ._ do._.Industrial do
MONETARY STATISTICS
Gold and silver:Gold:
Monetary stock, U.S. (end of yr.or rno.)_ini l . $._Vet release from earmark § _ _ do __Exports thous $
Production world total doSouth Africa. . _ _ _ doCanada doUnited States do
Silver:Exports doImports _ . doPrice at New York _dol. per fine oz._Production:
Canada thous. fine oz__Mexico -- doUnited States do
Currency in circulation, end of yr. or mo bil. $__Money supply and related data (avg. of daily fig.) :*
Unadjusted' for seas, variation:Total monev supply. _ - ... .. bil. $
Currency outside banks doDemand deposits do
Time deposits adjusted^ doU S Government deposits do
953695136122
M7,767-165
13727,919
297.90062. 40013,400
3 4, 900
2,1494,786.914
2,8353,7113, 3451 32.9
5 140. 95 29. 0
5 111.95 69. 1
5 5. 3Adjusted for seas, variation:
Total money supply do !
994729145120
'16,889-5
64, 5834, 684
2101,70066. 900
3 13.0003 4. 600
3,1543,786
.924
2, 5973 3, 362
3. 524!33.9
s 143. 2529.1
5114.05 78. 554 .8
Currency outside banks do ' 1Demand deposits do i
Time deposits adjusted^ doTurnover of demand deposits except interbank and
U.S. Govt., annual rates, seas, adjusted:Total (344 centers)* .ratio o f d e b i t s ' t o deposits
New York City _ do .
337 other report in? centers . do
PROFITS AND DIVIDENDS (QTRLY.)
Manufactur ing corps. (Fed. Trade and S R C ) :Net profit after taxes, all industries. _ mil. $..
Food and kindred products - doTextile mill products . doLumber and wood products (except furniture"!
mil. $._Paper and allied products... - - do ..Chemicals and allied products doPetroleum refininc'. _ .. ..... . . do .Stone, clay, and glass products.. doPrimary n on ferrous metal ... doPrimary iron and steel-. . . doFabricated metal products (except ordnance,
machinery, and transport, equip.) mil. $Machinery ("except electrical) doFlee, machinery, equip., and supplies., .doTransportation equipment (except motor
vehicles, etc.)_ . ... _ . . mil. $Motor vehicles and parts do\11 other manufacturing industries do
Dividends paid (cash), all industries doElectric utilities, profits after taxes (Federal Re-
serve) . _ _ . ..mil. $Transportation and communications (see pp. S-23
and S-24).
SECURITIES ISSUED
Securities and Exchange Commission:Estimated cross proceeds, total mil $
By type of security:Bonds and notes, total.- .. . .. .do
Corporate _ . _ . doCommon stock doPreferred stock _ ___ ... . . do
By type of issuer:Corporate, total© . -do
Manufacturing doExtractive (mining)... . do .Public u t i l i tv doRailroad ... .. . _ -doCommunication .. ...clo.Financial and real estate do
Noncorporate, total© doU.S. Government.. do. .State and municipal. ... do
r Revised. 1 End of year. 2 Estimated; exclcountries, China Mainland, and North Korea. CoiNESS STATISTICS volume. 3 Includes revisiontive Aug. 1902 for silver in commercial bar form (pricebasis). i Average of daily figures. B Quarte' Corrected.
35. 560. 034 825. 7
s 3, SOU6 30(1
6 82
« 2(i6 1478 503671!)« 143« 1 236 236
« 101« 246" 256
'5 56Ml 9« 435
•> 2, 07()
« 448
2, 295
2, 12267313934
84017!20
238IS87
210
1,449659602
udes U.Siparablesnot d isd one-qu•ly aver
38. 270.036.826. 1
« 3, 828(>331
« 70
fi 286 1466 51167726 136e 1226 201
6 111
« 265« 256
H 74«3726 430
« 2, 138
6474
2,958
2, 64878527337
1, 096343
22253
15152190
1, 8621.021
695
.S.R., otdata no
tributedirter cenage. 7
987725153109
17,451-23
42, 1189, 246
68. 80012,5003, 800
9923, 585
.914
2,2243, 6502,89132.6
141.629.2
112.480.25.5
142.929.1
113.979.8
38.671.137. 226. 4
931693133105
17, 3764
63, 0654, 949
68. 50012, 1004, 500
3, 3972. 625
.914
2, 3734, 3903. 73732.7
143.129.3
113.880.95.2
143. 529.2
114.380. 5
38. 672. 337.4
3 837377
84
48137520
1,002739152112
17, 300-43
70, 0514,009
68, 90012, 7003,900
2,5113,316
.914
3,0543, 4203, 52332.8
144. 529.4
115. 181.5
6.4
144.229.3
114.981.3
40.175. 638.327.0
989734148107
16,975-272
14,06811,540
69, 20013, 0004, 100
6,6003,441
.923
2. 6433, 5903,81633.5
146. 329.7
116.681.55.8
144.929.4
115. 582. 0
39. 975.338. 526. 8
725
2, 064
1,887637131
45
813288
15220
1613
133
1,250392603
her Eastshovni i
by m outt higher tLess tt
183106208
144268234
206517
2,010
447
1,913
1 . 695460201
17
678268
15113
0
110
1 , 235338699
.'ru Eurcn 1961 BIS. 4 ]lian on folan $50
4.410
4, 100845298
12
1, 15530837
3181926
291
3, 2552, 564
643
peanUSI-:tTec-rmer),(){)().
2, 404
2, 179
18441
987233
^2481
183
1,417357789
*Nare avFederadeposithe UChica
1,135760148227
16, 889-65
52, 75510, 769
67, 80012,9003, 400
1,8965, 1521.033
2, 4242. 8504,29733.9
149.430.2
119.281.84.9
145. 729.6
116. 182. 5
39. 873.438.726. 8
4 609346100
97174538870151141263
116293350
81599560
2, 528
477
2, 094
1,784784284
26
1, 09433042
2115
42315
1, 000341654
rew seriedilable u/ Reservets at allS. Govt.>'O, Detr<
1,062790155118
16,815-64
28, 2242, 021
'70, 60012, 6003, 500
1, 8423, 1561 . 043
2.5183, 5653. 02332.8
149. 029.5
119.583.53.8
145. 929.7
116. 384. 1
39. 770.940. 6
966718143106
16. 790—37
30, 89719. 701
67. 40011,4003,200
1,5389,2491.025
2, 0643,2552,64332.9
145. 329.3
115. 985.44.6
145. 529.7
115. 885.8
38. 568.138. 427.1
3. 506
3, 363504141
2
647225
151161275
104
2. 85!)1. 58P
866
s. Hackpon re< iBulletin
commer§(0r
it, San 1
2, 537
2, 382728146
9
884139
13153
17366126
1,654361
1, 123
data forlest; tho(see als(
•ial bankincrease
"ran cisco
1,087813166108
16, 608-142
52, 84510. 622
72, 90012,8003, 500
9796, 6531.015
2,5143,8862. 69033.0
144.229.6
114. 687.45.1
145. 729.9
115.887.5
4 1 . 778. 210. 927. 6
4 001'/>70
74
1014351979758
143252
118284274
98570396
2. 202
585
1,877
1, 669638204
5
847329
101972021
143
1 . 030372621
premiuise for i i) Oct. 19s otherin ear nit, and Lo
992739146107
16, 495-82
14, 0652,228
72, 30012.4003,000
5265,6151.015
2,2703,4732,44833.2
146.229.8
116.488.93.8
146.130.0
116. 088.7
42.278.441.728.2
4. 075
3, 738881216120
1,217463
15'• 383
90142
2, 8581,506
877
us collectoncv sur60 Bullethan thoirked gols Angelcj
1,022770144107
16. 434-78
31,03216, 290
74. 00012.3003.400
5215, 2031. 015
2,1943 5283,21433.5
143. 629.8
113.889.97.0
145. 730.0
115. 789.6
41.978.840. 828. 0
1,009752150107
16,435-60
14,0003,340
75, 20011.8003,100
9646,8371.023
2, 738
2,31933.8
144. 030.0
113. 991.1
7. 2
145.630.1
115.490.7
41.677.341.327.8
4 .649344
89
16960169!)1911561 9°
18738731 5
1.041771161109
16, 147-310
14, 0052,039
76, 30011,9004,000
4765, 3981.035
2, 18433.9
>• 144. 230.3
M13.992.27.1
145. 730.2
115. 5••91.8
42.1'77.342.128.6
v>o i - .
2. 149
2.015667120
14
801279
37217
65
1, 348352897
ed am tply, etctin for cse due t(d(-).. Olncl
645499
2, 123
472
2,422
2, 2531,063
12446
1.23236123
4731880
173
1, 190363760
urnovcr, are pu
oncepts) domest
clinchudes dat
1.646
1.5815523232
616219
1319
93117
1. 029358641
of totalblishedand metic comniides Bosta not she
1,027762157108
16, 098—10
52. 6631,883
9515, 827
4 1. 083
2,12733.9
143.830.3
113.593.0
6. S
145. 130.2
114.992. 5
41.978.841.428. 3
.
4.042
3. 9598255824
907218
(7)255
56123184
3, 1352, 408
559
I maudi the Ai ds).
( cial \vt01, Phils.)\TI sepa
16, 068
1. 155
depositsug. 19621 Time
nks andidelphia,rately.
S-20 SURVEY OF CURRENT BUSINESS October
Unless otherwise stated, statistics through 1960and descriptive notes are shown in the 1961edition of BUSINESS STATISTICS
1960 | 1961
Monthlyaverage
1961
Aug. Sept. Oct. Nov. Dec.
1962
Jan. Feb. Mar. Apr. May June July Aug. Sept.
FINANCE—Continued
SECURITIES ISSUED— Continued
Securities and Exchange Commission — ContinuedNew corporate security issues:
Estimated net proceeds total mil $Proposed uses of proceeds:
New money total doPlant and equipment do"Working capital do
Retirement of securities- _ _ _ -- -doOther purposes do
State and municipal issues (Bond Buyer) :Long-term doShort-term _ _ _ do
SECURITY MARKETS
Brokers' Balances (N.Y.S.E. Members CarryingMargin Accounts)
Cash on hand and in banks mil $Customers' debit balances (net) - doCustomers' free credit balances (net) doMoney borrowed _ _ _ do
BondsPrices:
Average price of all listed bonds (N.Y.S.E.),total§ dollars
Domestic _ _ _ _ _ d oForeign do
Standard Ar Poor's Corporation:Industrial, util i ty, and railroad (Al-f issues):
Composite (21 bonds) c f _ _ _ d o l . per $100 bond--Domestic municipal (15 bonds) do
U.S Treasury bonds taxable ^ _ _ _ doSales:
Totnl, excl. U.S. Government bonds (SEC):All registered exchanges:
Market value mil $Face vnlue do
New York Stock Exchange:Market value - _ __ __ _ doEn oo value do
New York Stock Exchange, exclusive of stoppedsales, face value, total § - mil. $..
Domestic - doForeign _ _ - _ _ - do.
Value, issues listed on N.Y.S.E., end of month:
Domestic do
Face value, total, all issues §_ __ _ ._ _do -Domestic doForeign do
Yields:Domestic corporate (Moody's) percent _ _
By ratings:Aaa doA a doA _ doBaa _ __ _ _ - _ do_
By groups:Industrial doPublic utility doRailroad -- do
Domestic municipal:Bond Buyer (20 bonds) doStandard & Poor's Corp. (15 bonds) do
U.S. Treasury bonds, taxable© do
Stocks
Cash dividend payments publicly reported:Total dividend payments _ mil. $__
Finance - _ _ d o _ _ _Manufacturing doMining - _ _ do_ __Public utilities:
Electric and gas doRailroads _ _ - doTrade - doMiscellaneous do
Dividend rates and prices, common stocks(Moody's):
Dividends per share, annual rate (200 stocks)dollars. -
Industrial (125 stocks) doPublic utility (24 stocks) doRailroad (25 stocks) _ _ _ do _ -Bank (15 stocks) _ _ _clo_ _Insurance (10 stocks) do
Price per share, end of mo. (200 stocks) 9 ...doIndustrial (125 stocks) d o _ _ _ -Public ut ility (24 stocks) doRailroad (25 stocks) _ __ .do
827
730472258
2375
602334
' 390'3,3171 1, 1351 2, 275
91.4291.5681.81
94. 6103.986. 22
133.92134. 52
131.65132.28
112.20105. 88
6. 33
108. 48105. 67
1.61
118.691 1 5. 44
1.97
4.73
4.414. 564.775.19
4. 594. 694. 92
3. 513.734.01
2 13, 575
2 2. 0482 7, 047
2549
2 1,1812 1, 588
23702 5812 212
5. 596. 032. 683. 533.974.75
155. 46173.1869. 8262.46
1 073
902628274
7596
697376
i 4301 4, 2941 1,2191 3, 003
92. 9893. 1 283. 22
95. 2107.887. 55
1 68. 5610? 82
1 63. 701 59. 05
1 30. 34130.51
5. 83
108 341 05. 50
1 58
1 1 6. 51113 30
1 . 90
4. 66
4 354 4S4.705 08
4. 544. 574.82
3. 463. 463. 90
214,1542 2, 1602 7, 346
2 544
2 1 2832 1 692
2 35625782 1 95
5. 706. 072. 813.374.215. 18
185.661 99. 9090. 5568. 26
793
66243422831
100
603665
4364,0211,2082, 734
92. 4792. 6182. 58
93.9106.586. 27
176.24162.53
172.121 58. 75
133.11127. 84
5.27
108.46105. 67
1. 55
1 1 7. 29114.10
1.88
4.73
4. 454. 574. 805.11
4.614.674. 92
3. 543. 554.00
372. 9
85. 3133. 5
2.9
1.8114.8
4.123.07.5
5. 686. 022. 833.374.205.19
189. 30204. 0092.7369. 15
658
612402''10
1136
699351
4204,0371, 2272, 730
qo qj93. 1282 57
93.91 06. 686. 09
137.47133 *9
134,97131.33
106. 515. 24
108 00105.20
1 55
116. 16112 98
1.88
4.74
4 454 594.815.12
4.614.674. 94
3.493.544.02
2, 008. 8
189.31,277.0
107.7
96. 9191.2
57. 959. 829.0
5. 686 022.833.374.215.19
187. 49201.5594. 5068.78
1 129
952641311
40138
643244
4294.0721,2142,710
93 1993. 3283. 31
94. 6107.786. 61
153 52
1 50. 43148 44
120 684. 88
109 03106' 22
1 56
117.00113 82
1.88
4.73
4 424 564.795.13
4. 604. 664 92
3. 363. 463. 98
987.4
182.4350. 0
16.9
235 4118.419. 156. 88.4
5. 696. 042.843.384. 215. 19
193. 10207. 23
99. 7771.01
961
908671237
1340
789532
4224,1801,2132, 803
92 6792. 7685. 36
94.9108. 186. 52
162 65164 03
158 28160 65
140. S4135 71
5. 13
104 75101 86
1 63
113.03109 81
1 91
4.70
4 394 544.755.11
4. 584. 634.89
3.483.443.98
401. 4
114. 1135. 0
3.5
2 4114. 6
1. 522. 8
7. 5
5.886. 3 32.853. 364.255. 19
200. 36213. 75103.9170. 01
1 071
930506424
7170
669336
4304, 2941,2193, 003
92. 2692. 3883. 31
94. 5107. 385. 61
1 60. 431 67. 36
1 54. 50161.12
1 35. 73129.09
6. 61
1 04. 63101. 78
1. 61
113.42110.18
1.93
4.71
4.424. 564.745. 10
4. 594.624.91
3.423. 494. 06
2, 750. 5
400. 51,712.2
157.3
109.9197.675.962.135.0
5.896. 332. 863.364. 255. 19
202. 73216. 6999.3269. 10
632
5073261813985
866186
4364.1451 . 2252,911
92 2492. 3584. 26
94. 5109. 985. 34
150 81157 72
146. 1015? 91
133. 0612(1.35
6. 71
105 52102. 66
1 0?
114.39111. 16
1.92
4.70
4 424 554.745. 08
4. 574. 614.92
3.223.324. 08
1, 065. 4
284.3295. 211.1
235.4119.730.977.311.5
5.926.372.863.364.305.19
195.17209. 4095.1470. 43
866
792642150
67
1,123640
4214, 1001. 1902,882
92. 9092. 9985. 12
94.5110. 585. 17
136.69132 43
131.74127 77
101.3595. 435 92
1 ()() 0 !\
1 03. 3X1 61
114.37111 17
1 . 90
4.70
4 424 564. 745.07
4 574 624. 90
3.203.284.09
544. 4
235.3134. 5
3.0
2 2115 5
4,242.96.8
5. 956.412.863.354.305. 19
198. 76212.12
97. 7669. 98
823
709458251
1697
621351
4264, 1171,1542, 963
93 8993. 9985. 80
94.8111.986. 21
H3.42144 94
138.15139. 49
113.54104.74
8.80
107 40104.42
1 63
114.39111 10
1. 90
4.67
4.394 534.715.04
4.524. 604.88
3.123.194.01
2,074.4
183. 81,331.4
109. 0
113 2197.356. 753.329. 7
5. 966. 412.913. 354.305. 29
198. 91213. 7898 8768. 60
1 185
1.033753279
7280
877442
4194,1151,1103.072
94 4094. 5086.04
95. 4113.787. 69
134.82135 58
129 99130 81
117.18111.74
5.44
109 44106. 40
1 68
115.93112.59
1.95
4. 63
4 334 494. 665.02
4.464.564.86
3.003.083.89
987.8
188. 9340. 911. 1
235 3123 3
20. 557. 99.9
5. 966. 422. 913. 354. 305 29
186.281 98. 7296. 4564. 78
785
62143518625
139
897499
4264. 0341,2052. 889
93 8093. 9184. 68
95. 9113.587.87
188 43184 91
1S3. 01179 28
183. 17174 76
8.42
106 74103 70
1 67
113 79110 42
1 98
4. 58
4 284 434. 625.00
4 424 504.83
3.243. 093.88
384.0
91.9131.4
5. 2
3 3116 8
5.523. 06.9
5. 976 412. 973' 354.305. 29
171.39183.4386. 7962. 00
1 214
95371324082
180
760375
M373. 6371,3742, 239
93. 0293. 1384.82
95. 7111.287. 61
246. 49249 77
238. 82241.24
184.88176. 26
8. 62
105 51102. 42
1 74
113.42109. 97
2. 06
4.59
4 284 444.625. 02
4.454.474.86
3.243.243. 90
2, 086. 2
167.61.354.5
108. 5
113 0199 156. 659. 327 6
5. 976 412. 983.354. 305.29
157.34168.0081.7457. 19
607
531351180
1759
641301
4153, 5921,2522. 124
99 9793. 0884. 61
':!/). 4
110.2S6.07
151 86156 85
148.2515? 98
116.51108. 52
7.97
105 47102. 37
1 76
113.45109 98
2. 08
4. 03
4 344 494. 655. 05
4 5%)
4 484. 90
3.333. 304. 02
994. 8
197.4338. 610.5
?35 71?3 816.959. 812. 1
5. 976. 402. 983.354. 305. 29
168.24178.96
87 71'58. 27
894
64741223416087
r 559'573
3883, 7721, 1272. 506
93 7693.8785. 88
95.4110. 186. 04
117.841?5 30
112.35119 58
95. 8688 71
7. 1 0
1 08 52105 36
1 80
115 74112 °5
? 10
4. (54
4 '-T>4 494 665 06
4 514 504 90
3.143.313. 97
395 4
93 213-r 5
3 0
•> q118 6
8 7
10 0
5. 976 402. 993 354 305 3'>
170. 51181.4090 l - >
59. -'5
412171
87. 02
4. •-,!
4 324 464. H25. 03
4. 454 4'.)4.88
3. OH
3. 94
2. 137. 9
2?9 41,352.3
105. 5
112 8201 3
50. 758. 407 5
5. 970 403.023.344. 305 32
161. 75172.2987 4256. 07
T Revised. 1 End of year, 2 Annual total.§Data include bonds of the International Bank for Reconstruction and Development not
shown separately; these bonds are included in computing the average price of all listedbonds.
cfNumber of bonds represent number currently used; the change in the number does notalYect the continuity of series.
^ Prices are derived from average yields on basis of an assumed 3 percent 20-year bond.OFor bonds due or callable in 10 years or more.9 Includes data not shown separately.
October 1062 SURVEY OF CURRENT BUSINESS S-21
Unless otherwise stated, statistics through 1960and descriptive notes are shown in the 1961edition of BUSINESS STATISTICS
1960 | 1961
Monthlyaverage
1961
Aug. Sept. Oct. Nov. Dec.
1962
Jan. Feb. Mar. Apr. May June July Aug. Sept.
FINANCE—Continued
SECURITY MARKETS— Continued
Stocks — Continued
Dividend yields and earnings, common stocks(Moody 's):
Yield (200 stocks) percent--Industrial (125 stocks) doPublic utilitv (24 stocks) do. __Railroad (25 stocks) doBank (15 stocks) doInsurance (10 stocks) do
Earnings per share (indust., qtrly. at aim. rate;pub. util. and RR.,for 12 mo. ending each qtr.):
Industrial (125 stocks) dollarsPublic utilitv (?4 stocks) doRailroad (25 stocks) do
Dividend yields, preferred stocks, 14 high-grade(Standard & Poor's Corp.) percent--
Prices:Dow-Jones averages (65 stocks)
Industrial (30 stocks)Public utilitv (15 stocks)Railroad (20 stocks) _ . _ _
Standard & Poor's Corporation:^Industrial, public utilitv, and railroad:
Combined index (500 stocks) 1941-43=10..
Industrial, total (425 stocks) 9 doCapital goods (l'?3 stocks) doConsumers' goods (193 stocks) do _
Public utility (50 stocks) _ loRailroad (25 stocks) lo
Banks:New York Citv (10 stocks) loOutside New York City (16 stocks) do
Fire insurance (16 stocks) do
Sales (Securities and Exchange Commission):Total on all registered exchanges:
Market value mil. $-_Shares sold rnillions_-
On New York Stock Exchange:Market value mil. $__Shares sold millions
Exclusive of odd lot and stopped sales(N Y Times) _ millions
Shares listed, N.Y. Stock Exchange, end of mo.:Market value, all listed shares - bil. $_.Number of shares listed millions. .
3.603.483.845.653 912.92
19.62M.122 4. 80
4.75
204. 57618.0491.39
138. 93
55. 85
59. 4359.7547.2146.8630.31
26. 23.53. 1033.93
3, 768116
3,16380
64
291.496, 231
3.073.043.104.943 182.31
19.6124.332 3.94
4. 66
232. 44691. 55117. 16143. 52
66.27
69.9967.3357. 0160.2032.83
33. 7570.7845. 42
5,317168
4, 392108
85
358. 936, 752
3.002.953 054.873 032.19
4.69
237. 89718. 64119.32141. 65
67.79
7*1.6969.1858. 7361.1932.76
35. 6474.4747.19
5, 161149
4,338104
82
308. 656, 847
3.032.992.994.903 062.22
8.804.273 56
4.69
237. 88711.02121.20143. 23
67. 26
70.8969.7859.8262. 1933 02
36. 0977.2747.16
4,215123
3, 54382
64
361. 146,871
2. 952.912.854.762 782 10
4.62
241.67703. 01127.69149. 67
68.00
71.4269.3261.2664.1534 53
36.7379.2649.40
4, 624136
3,89890
73
371. 996, 974
2.932.962.744.802 831.98
4.59
248. 56724. 74133. 74149. 06
71.08
74.7270.9164. 7767. 1934 30
39. 9383. 8751. 60
5, 282156
4, 420103
88
387. 357, 009
2.912.922.884.862 752.10
11.644.333 94
4. 64
246. 76728. 44131.90143. 86
71.74
75. 8170. 5865. 0065. 7733 91
40. 1083. 5050. 97
5, 338165
4,467106
82
387. 847, 088
3.033.043.014. 772 942 20
4.59
239. 95705.16124.46147. 38
69.07
72. 9968. 0661.7862. 6933 77
38.0276. 7947.60
5, 203157
4, 366103
81
375. 207, 202
2.993.022.934 792 812 13
4.52
243. 07711. 95127. 45148. 61
70.22
74.2268 3762. 3563. 7034 23
39.0975.7949.24
4,219126
3, 54585
66
383 427, 269
3.003.002.944 882 972 10
10 804 454 69
4.48
243. 36714.21129 84145. 24
70.29
74.2268 0662.2664. 5133 45
38 1073.4149.71
4,447135
3 70388
68
381 367,302
3.203.233.025 173 262 28
4.45
237. 42690. 28129 25142. 29
68.05
71.6464 4960. 6663. 8632 31
36. 1170.9448.42
3,954114
3, 33579
65
357 777, 343
3.483.493.425.403 562.59
4. 45
221.91643. 71120. 03134. 96
62.99
66. 3258. 1755. 8658. 8430 71
32.3365. 1 143. 79
5, 367148
4,649105
111
326 787, 434
3.793.823.655 863 742 86
11 104 504 98
4.52
198. 94572. 64109. 17121. 64
55. 63
58.3250. 1848.9853. 3228 05
29. 6958. 4538.36
6,728204
6, 034156
100
298 977, 485
3.553. 583.405 753 452 68
4.59
'203. 10581.78113 91122. 75
56. 97
59. 6151 0849. 8255. 51°8 29
31 0259. 8838. 52
4,291131
3,78999
74
318 847, 533
3.503. 533.325. 653. 432.63
4.55
208. 94602. 51118.93121. 89
58. 52
61.2952. 9151. 1756. 9628 09
32. 3561. 9340.72
4,117132
3 57596
77
324 517, 552
3.693.713. 455. 963 702. 85
207. 82597. 02120.53119. 76
63
FOREIGN TRADE OF THE UNITED STATES
FOREIGN TRADE
Indexes
Exports of U.S. merchandise :tQuantity 1957 59—100Value _ _ _ _ _ _ d oUnit value do
Imports for consumption:!Quantity doValue _ _ _ _ . . _ _ _ d oUnit value _ _ . _ _ _ _ _ _ do
Agricultural products, quantity:Exports, U.S. merchandise, total:J
Unadjusted _ _ _ 1952-54-100Seasonally adjusted _ _ ___ do_
Cotton fiber (incl. linters), seas, adj doImports for consumption, total:J
Unadjusted _ - _ d o _ _ _Seasonally adjusted do
Supplementary imports, seas, adj doComplementary imports, seas, adj do
Shipping WeightWater-borne trade:
Exports, incl. reexports§ thous. Ig. toris__Oeneral imports _ _ _ do
ValuetExports (mdse.), incl. reexports, totalf mil. $__
Excl. Dept. of Defense shipments doSeasonally adjusted* do
By geographic regions:AAfrica doAsia doAustralia and Oceania _ doEurope do
Northern North America doSouthern North America doSouth America dor Revised. * Preliminary. l Quarterly av- For 12 months ending Dec.cf Number of stocks represents number current
affect continuity of the series. 9 Includes data notRe visions for Jon. -Dec. 1960 (prior to May 1961
be shown later.
108109101
10910899
194
202
103
106102
9, 40814,810
1,713.21,634.1
63.8303.939.6
543. 8
309. 2139. 4174.7
3ra»-e at £
y used;t shown sfor inde\
107111103
10710598
P 193
v 172
106
108"109
9. 50814, 012
1, 739. 51 , 672. 0
68.9342.333.4
536. 7
303. 6121.4185. 8
innual ra
the chaneparateles rebas(
103106103
11210998
179221391
113123127121
10, 85915, 184
1,669.41,597.91,659.7
65.2300. 638.7
517.5
302.2121.9176. 4
te.
?e in nuiv.d to 1957
101104104
10510398
P 158P 174P 149
102112106116
9, 85114, 188
1,631.01,556.51,667.8
63. 1293.832.5
490.5
299. 5123. 6184. 5
nber doe
-59=100)
116120104
12011697
P218P 199v 105
109125124126
10, 90415, 160
1,889.81,816.81,772.9
78.0324.434.1
603. 2
350. 0125.7205.7
s not
will
111116105
11811598
P223P 188v 124
10111714599
10,41914, 387
1,817.71,759.41,716.3
82.5332. 632. 6
573. 8
317.9130. 7185. 2
§Eprogra
111as wel
*TSA
111116105
11211098
p 213P 173P 121
11410312693
9, 38914, 694
1, 826. 91, 777. 31,719.2
77.0389. 630. 2
561.0
287.7126.4202.8
xcludesms as D(icludes gas econ(
'ew serieExcludes
100104104
12111696
7.87314, 432
1,642.21, 591. 81,660.0
78.9348.931.0
502.8
272. 8109. 9160. 9
"special^partmenrant-aid)inie aids. Revifr"special
108113105
10810496
8.833r 13, 078
1,774.61,712.41,852.1
80.8331.733.1
574.1
273.8114.5164.5
category't of Defeshipmenshipmened datacategory
112117105
12311896
8,84714, 884
1,844.91,783.21,632.1
86.7341.132.9
584. 5
310.8126. 5187. 5
' shipmense contis underts underprior to :" shipm
116120103
11911496
9,50914, 325
1, 881. 21, 798. 81, 794. 6
94.8337.440.2
557. 6
352.2117.7182.7
nts androlled cathe Depother pr961 mayents.
121125104
12612296
1, 972. 51, 892. 41, 774. 7
79.7352.841.6
581.0
379.6134.9176. 0
all comnrgo.t. of Def(ograms.be obta
122126103
11911496
1, 970. 41. 894. 11,858.9
88.7359.841.9
573.7
370. 4134. 9185.4
lodities e
>nsc Mill
ned fro n
106109103
12011495
1, 709. 11, 621. 51, 718. 1
78.6326. 741.7
473.8
314. 0118.8150.5
xported
tary Ass
i Bu. of
1,682.51.634.61,651.6
73.6319.739.6
495. 0
303.9127.1173.7
under fo
istance 1
Census r
reign-aid}rogram,
pports.
SURVEY OF CURRENT BUSINESS October 1902
Unless otherwise stated, statistics through 1960and descriptive notes are shown in the 1961edition of BUSINESS STATISTICS
1960 19G1
Monthlyaverage
1961
Aug. Sept. Oct . Nov. Dec-. Jan. Feb. Mar. Apr.
1962
May | June July Aug. Sept.
FOREIGN TRADE OF THE UNITED STATES—Continued
FOREIGN TRADE— Continued
Valuet— ContinuedExports (mdse.), incl. reexports — Continued
By leading countries:Africa:
United Arab Republic (Egypt Res ) mil $Republic of South Africa do
Asia and Oceania:Australia including New Guinea doState of Singapore doIndia do_.Pakistaia do _.Japan do __Republic of Indonesia do_ _ -Republic of the Philippines do
Europe:France doEast Germany - do_ _\Vpst German v doItalv doUnion of Soviet Socialist Republics doUnited Kingdom do
North and South America:Canada do_
Latin American Republics, total 9 do\rgentina do -Brazil - -- -do _ ..Chile doColombia do _ _ .Cuba - _ - doMexico do
Exports of U S merchandise, total 5 . -doBy economic classes:
Crude foodstuffs _ . do . _Manufactured foodstuffs and beverages. - - doSemimanufacturesc?1 doFinished manufacttiresd" - - do_
By principal commodities:Agricultural products, to ta l?-- _ d o - . ..
Cotton unmanufactured - _ - doFruits, vegetables, and preparations doGrains and preparations doPackinghouse products - - do ....Tobacco and manufactures A do
Nonagri cultural products, total 9 -- doAutomobiles, parts, and accessories doChemicals and related products§ doCoal and related fuels do .Iron and steel products - _ . _ _ _ do
Machinery, total §9 - . - -do ._ .Agricultural doTractors, parts, and accessories doElectrical . doMetal working - - doOther industrial c o _ .
Petroleum and products < oTextiles and manufactures _ _ _ . -.do
General imports, total O _ doSeasonally adjusted*© do
By geographic regions: O
Asia doAustralia and Oceania - _ - -_ do_ . .Europe ( oNorthern North America doSouthern North America - - doSouth America do
Bv leading countries: OAfrica:
United Arab Republic (Egypt Reg.). ..do....Republic of South Africa do
Asia and Oceania:Australia, including New Guinea - doState of Singapore doIndia doPakistan - - . _ _ _ doJapan doRepublic of Indonesia _ - - - doRepublic of the Philippines do
Europe:France < oEast German v < oWest Germany ._ _ < oItalv doUnion of Soviet Socialist Republics c oUnited Kingdom do
12.623.1
32.33.4
53. 414.2
111.87 2
24.8
48.5.3
89.254. 23.2
117.0
309. 1
289. 829. 235. 916.220. 518.6(18. 345. 9
1,696.5
215.7137. 193. 1
294. 5956. 1
402. 782. 332. 4
137.925. 139. 7
1,293.8108. 114;). 530. 273. 2
360. 51 2. 132. 385. 230. 8
178. 839.957.8
1,251.5
52. 2226. 8
22. 2355. 6262. 9127.2202. 9
2.616. 7
11.91.6
19.03.0
95. 718.025. 6
33. 0.3
74.832.8
1.982. 7
13.519.0
26.63.9
40.216.3
144.911.227 7
47.19
89 6
66. 23. 6
94.2
303. 6
281 . 7
35. 3•10 518 9
20. 41. 1
66. 442 5
1,719.0
212 2158. 196. 4
273. 9978.4
419.1
73.732. 9
157. 827.441.6
1,299.9
98.6143. 829. 268.7
394. 7
12. 029.993. 540. 0
1S8. (')
37. 156. 8
1,226.7
55 8215.2
26. 7345. 8
272. 4113.81 96. 7
2.917.4
15. 41.2
21.03. 1
87. 913.626. 4
36. 39
71.331.3
1.975. 1
11.717.4
32.84.3
29.211.2
139. 510.123. 6
43.32
88.6
63. 03.8
84.9
302. 2
274.3
32. 737. 517.0
16.3. 1
68. 646.7
1,649.9
920 2135. 190. 8
26,6. 4931.3
391.4
X9. 430. 9
133. 825. 635. 6
1,258.5
81.2142. 138. 4(59. 3
374. 3
9.027.094. 340. 6
1 78. 4
41. 753. 8
1.251.S1,261.3
52. 1242. 6
33. 4334. 6
301. 199. 1
1 88. 9
. 913.5
21.92.6
18.02. 5
107.314.531.0
40. S.3
65.336. 8
1.373. 5
8.415.9
27.43.8
24.613.4
132. 512.223. 7
44.9( ' )82.2
55. 9.2
109. 1
299. 5
283. 2
35. 636. 518.7
21.0(')67. 344 6
1,614.3
202 5145.979. 5
249. 9930. 4
371.3
44.831.6
139. 324.776. 1
1,243.085. 8
139. 237. 367. 2
378. 6
7. 828.889. 98X. 1
!SO. 1
34 053. 9
1,197.11,280.3
45. 9220. 929. 5
327. 6
283. 690. 3
1 99. 2
.418.8
16.71.7
17.83.3
94.314.028.3
35. 5.2
07.929.43.3
70.7
18.616.1
28.63.5
38.214.3
133.313. 529. 3
43.8.2
108. 1
62. 8.5
129.2
349. 9
306. 5
49. 039. 119. 1
19.2. 1
70.448. 1
l.NOO 8
249. 31X9.41 1 9. X
1.035.6
501.5
43. 049. 5
181.330. 082.3
1 . 365. 3
105.4148. 136. 271.3
422. 1
8.832. 9
104. 430. 5
207. 5
37. 359. 9
1,358.61,317.7
53. 2244. 528. 2
420. 9
316. 193.3
201.4
22'. 9
15.4.9
18.71.9
99. 512.927.4
49.8. 1
81.840. 12 2
102. 4
18.216.2
27.34.7
29.918.9
135. 26.9
36.3
45. 8.5
95. 0
66. 0
103.9
317.9
286. 4
40.730. 619 8
17.7. 1
70. 943 3
1.797.9
250 2180. 9106. 6?.02. 4997. X
490. 1
58. X35. 1
179. 130. 804. 0
1.307.8
107.3141.433. 000. 9
400. 4
9.424. 5
105. 140.7
187.5
38. 200. 4
1,342.21,310.7
40 3235 327.3
414.8
310 8111 .7195 2
(i19.4
18.3
31.42.2
99. 014.81 5. 5
44. 0.2
82.838 7
1.884.0
18 017.5
25 34.7
46.732.6
155. 311.223 2
47.2. 1
94 1
63. 7.4
100 9
287. 6
302. 0
34.840. 820 2
26. 6.1
69 652 0
1. 806. 9
232 1178.8104. 7280. 9
1,010.4
469. 5
77. 532. 9
186.426.843. 9
1.337.5
107. 9148.027. 866. 2
402. 6
10.223. 595. 049. 7
189. 1
33. 360.6
1,294.91,296.5
40. 5236. 622. 6
377. 5
278. 8113.5223. 9
16. 5
17.11.6
24.83 7
94. 017 2
39.4. 1
70. 633 2
.983.2
25.015.2
28.24.2
44.920.7
134.311.720.3
47.40)74.5
59. 92
78*8
272. 7
240. 8
37.430. 813 4
17.4.2
55. 834 6
1.617.2
164.5146. 9107.3250. 294X. 1
370. 8
54. 029. 9
1 57. 921.923. 7
1 , 240. 4
98.9142.021.257. 3
387. 3
10.020. 391.936. 1
192.0
33. 049. 0
1. 372. 01 . 320. 1
04. 1243.8
32. 4379. 9
275. 5149.7220. 9
. 827. 9
22. 93.4
21 . 04 . 4
1 07. 513.020. 7
42.45
07. 032 4
1.281.9
24 119.2
27 43.8
29.812.2
134.29.6
21 0
56. 00
93.5
71.22.7
100.3
273. 8
254. 4
33. 630. 017 0
20.3( ' )62. 035 7
1,753.0
167 5175.8108. 2252. 9
1,049.1
4 1 1 . 3
53. 530.4
190.324. 527. 2
1 , 342. 3
1 10. 4142.325.050. 9
403. 2
12.028. 590. 347. 7
194.6
31.355. 2
1.224.21.314. 1
r>7 2201. 420. 4
367. 3
241.8129. 4191. 2
3.018.3
16.41.8
20.45.7
77.812.415. 5
39 8. 1
76.331 3
.674.5
22.219.4
27. 52.9
43.19.5
132. 011.123.2
50.6. 1
102.3
76.7_ 2
91 '3
310. 8
279. 6
42.932. 515.3
23. 6. 1
59. 341 9
1.S22.5
171.2176.0122. 3255. 5
1,097.4
428. 0
55. 034. 5
188.223. 531.9
1,394.5
112.5153.026. 048. 6
440. 6
11.330. 299. 148. 1
217-2
33. 063. 1
1,3X5.91,336. 1
56. 9227. 6
51. 5398. 5
292. 5137. X22r). 1
2.017. 1
33. 61. 1
20. 34.5
103. 99.5
21.6
35. 6.5
81. 339 0
1.685.4
28 821 5
34 83.7
47 617.8
115.515 323 1
55 6. 1
91 9
57 3.2
85 3
352 2
273. 1
40 529 414 9
92 6(053 650 1
1 . X57. 4
161 X176.9107. 7254. 9
1. 156.2
410.9
42. 630.7
182.425. 032.X
1 . 446. 5
1 1 9. X158.428.349.0
402. 0
1 0. 534.4
113.839. 1
220. 0
39. 803. 2
1,333.21.374.2
85 8241.9
29. 2370 9
292. 7123.7182.3
5.827. 0
1 9. 5.9
20. 94.0
100.212.427. 1
33 2.4
70.933 0
1. 782.4
23 915 1
35 24.4
60.823.5
116.88.7
22 5
59.9.7
101 160 74.3
84 3
379. 6
283.432.642.012 321.90)74 837 4
1 . 940. 2
193 1214.9127.7257. 0
1. 153.0
473.3
50.437.8
217.631.531.2
1.472.9
121.9155.237.554. 6
477.0
17.638.5
117.946. 6
219. 5
38.258. 0
1.453.51.385.0
67 8265. 927.2
416.3
326. 0141.6207. 2
2.622.7
1 6. 29
22.03. 1
113. 712. 937 4
38 12
80.737 5
.993.7
22 422.2
35 25.4
68.231.9
117.411.222.8
50.3.1
95.372.32.8
77.8
370. 3
291.937.842.912 399 9
( ')69. 041 1
1,948.5
204. 1189. 8127.8264. 3
1.162.6
470. 5
59. 039.3
187.936.740.2
1, 478. 0
113.5158.835.350. 7
493. 6
16.734.2
116.950. 5
169. 4
37. 760. 0
1,350.21.345.8
61 7242. 634. 2
362. 8
339. 3109. 7198. 7
3. 216.9
19. 18
10 12. 3
110 712.331 9
34 72
75 936 9
1.279. 1
22 320.2
35 43.3
75.035.7
97.07.0
21 7
35.7.1
X2 3
48. 71.0
83 6
314. 0
243. 5
29.433. 511 2
17 4( i )59 939 9
1.691. 5
199 q153. 4106. 1
1.011.6
402. 1
t i t ) . °34. 0
I r l 5
36 3
1,289. 4
91.01 42. 231 039 3
423. S
14 931 3
105 640. 9
193 6
48. '1
1,337. 11,353.4
60 4°02 031.9
305 9
313 3109. 1180 1
3. 918 8
•>2 91 4
21 33 0
120 212 940 9
3*i 51
74 130 3
1. 284.9
10. 715.0
33. 44.1
57. 028.9
102.29.3
21. 5
40.3.1
85. 5
58.91.4
75. 0
303. S
274. 0
32. 539.116 7
• > ( ) x0
6 4 . X3X 1
1.00L>. 2
153. 11.09. 7265 197S. 5
3 59. 0
19.935. 7
23. 237. '.)
1.302.0SS. |
149.04°. 050. 4
4 1 2 . 6
12. 129. 498 741 .3
205. 6
39. 05 < > . 3
1 358. 81,377.0
~il I•>06 8
361.5
319 7109. 2°00 3
. 915.6
•>S 81 9
19 99 ~
131 9(,l 9
39 6
39 o
X ( ) 04 1 7
2. 1XO. 7
r Revised. ' Less than $50,000.t Revisions for individual months of 1960 and for Jan. 1901 wi l l be ;9Includes data not shown separately. ^See similar note on p. ?c^Data for semimanufactures reported as "special category, type
finished manufactures.
AManufactures of tobacco are included in the nonagricultural products to ta l .hown later. §Excludes "special category, type 1" exports. *Ne\v series. Data prior to Aim.'-21. 1900 may be obtained from Bureau of Census reports. O Effective with the Apr . 19021" are included with SURVEY, the import totals and appropriate components reflect revisions to include u r a n i u m
ore and concentrates. For certain recent months, the data by regions and countries excludeimports unidentified by area of origin.
October 1062 SURVEY OF CURRENT BUSINESS S-23
Unless otherwise stated, statistics through 1960and descriptive notes are shown in the 1961edition of BUSINESS STATISTICS
1960 1961
Monthlyaverage
1961
Aug. Sept. Oct. Nov. Dec.
1962
Jan. Feb. Mar. Apr. May June July Aug. Sept.
FOREIGN TRADE OF THE UNITED STATES—Continued
FOREIGN TRADE— Continued
Valuet— Continued
General imports, by leading countriesO — Con.North and South America:
Canada mil. $--
Latin American Republics, total 9 do
Argentina _ do _Brazil doChile doColombia - do _Cuba doMexico do _Venezuela _ _ _ _ do
Imports for consumption, total© doBy economic classes:
Crude materials - doCrude foodstuffs doManufactured foodstuffs and beverages. -do
Finished manufactures _ _ - d oBy principal commodities:
Agricultural products, total 9--- -do
Cocoa (cacao) beans, incl. shells _ _ _ d oCoffee -- doRubber, crude, including guayule doSugar do_-Wool and mohair, unmanufactured do_ _ -
Nonngrieultural products, total 9 do
Furs and manufactures doIron and steel products doNonferrous ores, metals, and mfs., total 9
mil. $..Copper, incl. ore and manufactures. _ doTin, including ore do_
Paper bnse stocks doNewsprint doPetroleum and products do
202. 8
294.0
8.247.516.024.929.836.979.0
1,251.2
281.3143.4130. 5257 6438. 3
318. f>
11.983.626.842.316.4
932. 5
9.144.2
95. 633. 49.8
28.057 3
128. 6
272.2
267.8
8.546.815.423.02.9
44.974.9
1,219.0
262.7143. 0133. 5257 0422.9
307. 5
13. 380. 318.038. 116. 5
911.5
8.437.7
89. 123. 29. 9
27. 757 2
1 34. 7
300. 7
244.3
8.753.311.920.52.3
37.869.5
1,266.7
277. 0138.0147.4251 7452. 6
334. 3
13.777.818.546. 415.0
932. 4
4.343 9
86. 120.611.030.758 7
123.8
283.4
250. 1
8.957.38.1
21.94.0
31.271.2
1,196.5
265. 9130.5135.29 50 0414. 9
297.2
7.379 216.135. 315.4
899. 3
5. 240 4
89. 519. 713.728. 155 4
131.7
316. 1
253. 2
9.056. 514.824.1
3. 135. 565. 0
1,3538
294. 5141.9153.7281 3479. 4
320. 6
4.578.822. 840. 619. 2
1,033.2
4 446 0
113.228.013. 931.058 1
130.2
310.6
263.8
7 345. 318 518 72.8
42 872 7
1 ,336 9
273 8132.0163. 0289 6478.6
305. 4
2.766. 621.034. 714. 5
1,031.5
7 451 9
1 10. 530. 912. 630. 063 9
1 36. 7
278. 8
296. 8
5.856.916.821. 22.5
49. 788.3
1,272 7
271.8148. 8131.2975 9445. 0
301. 5
5. 387 921.734. 614.4
971.2
21 039 1
103.222. 813 227. 956 ri
113.3
275. 3
323. 3
7 154.624 8
17 93.7
60 792.9
1, 353. 6
291 0159. 8125. 1
r 309 f)r 468. 3
326. 0
14.892.722.227. 320. 1
1 , 027. 6
16 445 0
111.028.211 829. 055 9
1 73. 8
241 7
279. 6
7 347.512 919 62 1
56 477 5
1,207 8
257 4158 5104.2
r Of/) 2' 427. 5
300. 0
11. 194 218.522 518.0
907. 9
15 238 6
85. 221.9
7 630. 948 5
139.7
292.4
315.4
9.640.022.218. 5
.657.893. 1
1,368.8
281.2146.4150.2
r 303 fir 487. 4
328. 7
12.475. 116. 536. 520. 7
1.040. 1
11 746 1
100. 125.612 930. 156 0
153. 4
292. 6
264. 4
10 239.011 418.3( i)61 279.6
1 325 6
267. 31 53. 9133. 8
r 285 gr 484. 9
313. 0
17.275 418.538 216. 1
1,012.7
10 543 9
101. 522. 111 029.154 6
133. 8
325 7
307. 8
8 042.027 7
24 42
59 179 1
1 412 7
286 8155. 4160.8
r 298 3r 511.4
337.2
1 2. 683 421.158 315.7
1 . 075. 6
8 956 6
101.023. 612 530. 461 7
140. 2
339 1
267. 9
9 735.119 620 4(i)38 884 7
1.320 6
'>88 7127.1144.3
r 269 0* 191. 5
288. 3
16.763 916.046 716 3
1 . 032. 3
6 4)
51 4
90. 124. 08 9
30. 463 9
141.3
313.0
255. 0
37.720 2
22 90)36 066.2
rl,328 4
276 7132. 5150. 7279 5489.0
300. 4
17.670 420. 754 813 I
1.027.9
5 651 °
2 103.921.6
8 427. 857 7
138. 2
319.3
260. 2
9 044.2
4 929 7(')33 180 7
1,370 7
301 2136. 1147. 8°80 7504. 9
330. 3
10.083 319. 135 417 0
1.040.4
6 I t53 S
<)5. 320. r,
x 331.8r"7 *'
142. 0
TRANSPORTATION AND COMMUNICATIONS
TRANSPORTATION
Airlines
Scheduled domestic trunk carriers:Financial operations (qtrly. avg. or total):
Operating revenues, tota!9 mil. $..Transport, total 9 do
Passenger doProperty doU.S. mail do....
Operating expenses (incl depreciation) doNet income (after taxes) do
Operating results:Miles flown (re venue) _ _ _ - thousExpress and freight ton-miles flown doMail ton-miles flown doPassengers originated (revenue) doPassenuer-miles flown (revenue) mil
Express OperationsTransportation revenues thous. $Express privilege payments do
Local Transit LinesFares, average cash rate§ cents..Passengers carried (revenue) miL_Operating revenues (qtrlv. aver, or total) mil $
Class I Motor Carriers (Intercity)Carriers of property (qtrly. avg. or total):
Number of reporting carriersOperating revenues, total mil. $._Expenses, total _ doFreight carried (revenue) - mil tons
Carriers of passengers (qtrly. avg. or total):Number of reporting carriers - _..Operating revenues, total mil. $ _ _Expenses, total do .Passengers carried (revenue) mil_-
Class I Railroads
Freight car-loadings (AAR)rcfTotal cars thous. _
Coal _ doCoke doForest products doGrain and grain products do
493. 5489. 1443 430.011.7
484. 61. 1
60,41931,71811,0663, 8542, 450
30, 70510, 420
18.9627
351. 8
1 9651,212.11, 181. 2
71.2
1 141115.4100. 957.2
2, 53744334
159232
514. 8509. 6461 232. 212.9
512 4•' 6.0
57, 45037,130
M2 248••3,817
2 475
30, 7379. 760
1 9. 6604
348.9
4 9651,234.41,185.4
71 6
' 141120. 5104. 856.3
2, 38242429
1 56237
62, 75039, 77512 1044,2282 807
32, 1029, 797
19.6r 568
2, 367421
281 58234
539. 8536 1486 333 412. 3
531 9'' 3. /?
58 84641,0(121 1 7673. 858•? 543
31.4669, 974
19.7584
327. 0
9731,273.61.206.3
73 9
141145.4114.861.2
2,95153738
T mq245
60 26243, 53612 520
4. 0292 544
33, 07910,803
19.7633
2, 58045531
157244
57 56342, 18012 5703,8392 367
31,86710,266
19.7615
2, 31043431
146213
524. 7519 4465 535 41 5. 0
''80
56 50144, 70517 1863, 7862 537
36 49311,614
19. 761 5
368 4
9651,334.81 286 3
77 1
141119.4104 357. 3
2, 61052439
Jg9
268
59 72439,43612 6953,973
•> (V21
19.8613
2, 03941034
129224
I
543.3
488 833 813.7
555 4•' 17 0
54 557 62 74537,' 540 '45! 58712 140 r14 3603, 591 T 4, 1072 344 '> 677
i 3 89,9 13!? 26,277
19.8 ! 20.0554 ! 619
340 7
! i 010;!, 278.911 242 9
76 0
! 142: 104.8
99 8! 51. 2
2, 141 2. 720413 ! 49736 44
153 191227 | 264
61 75443, 38113 4°24, 2962 746
20. 0610
2. 25039933
H7
206
62 89046. 61414 046
4, 145o (;(;2
20. 1639
2. 330410°7
1 ^7196
597. 4
"3S 53t> 414 3
561 0Q 4
60 98044. 27812 7044, 2869 qf,3
3 95 4)573 29 820
20.1580
357 7
2. 885540
9 C)
1 8^
248
20. 1538
'_>, 043''61
191 00
''16
20. 2561
2 30043323
214
2 85254030
_.i
' Revised. rf Deficit. ' Loss than $50,000. 2 Beginning July 1962, includes data forrefined bauxite (imports for 1961 totaled $11.1 mil.). 3 Quarterly total. 4 Number ofcarriers filing complete reports for 1961.
J See similar note on p. S-22. O Sec similar note on p. S-22. 9 Includes data notshown separately.
§ Revised effective Jan. 1960 to reflect fares charged in U.S. cities with a 1960 populationof 25,000 or more; revisions for 1960 are shown in the Nov. 1961 SURVEY.
cf Data for Sept. and Dec. 1961 and Mar., June, and Sept. 1962cover -5 weeks; other mont hs,4 weeks.
S-24 SURVEY OF CURRENT BUSINESS October 1!K52
Unless otherwise stated, statistics through 1960and descriptive notes are shown in the 1961edition of BUSINESS STATISTICS
1960 | 1961
Monthlyaverage
1961
Aug. Sept . Oct. Nov. Dec.
1962
Jan. Fob. Mar. Apr. May June July Aug. Sept.
TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORTATION— Continued
Class I Railroads — Continued
Freight carloadings (AAR)cf— ContinuedLivestock thousOre -do __.Merchandise 1 c 1 doMiscellaneous -do
Freieht carloadings, seas. adj. indexes (Fed. R.):fTotal 1957-59=100
Coal doCoke . ..doForest products doGrain and grain products . doLivestock.. __ _ _ do __Ore doMerchandise, l.c.l doMiscellaneous do
Financial operations:Operating revenues, total 9 mil. $
Freight - - doPgssencer do
Or)eratincr expenses doTax accruals and rents doNet railway operating income do
Operating results:Freight carried 1 mile fqtrly.) bil. ton-miles,^"Revenue per ton-mile fqtrlv avg ) centsPassengers carried 1 mile, revenue (qtrly.)--miL.
Waterway Traffic
Clearances, vessels in foreign trade:Total V S ports thons. net tons
Forei°"n vessels doTTnited States vessel55 do
Panama Canal:Total thous Ig tons
In United States vessels do
TravelHotels:
Average sale per occupied room dollarsRoom^ occupied %• of totalRestaurant sales index same mo 1951 — 100
Foreign travel:IT S citizens- Arrivals thous
"Departures doAliens' Arrivals do
Departures doPassports issued and renewed - _ d o _ _
National park^ visit*5 doPullman Co.:
Passenger revenues thous ^
COMMUNICATIONS
Telephone carriers:Oppnvi incc revenues 9 mil $
Stat ion revenues doTolls message do
Operating expenses (before taxes) doNet operating income doPhono^ in service end of vear or mo mil
Telegraph, cable, and radiotelegraph carriers:Wire-telegraph:
Operating revenues thous. $_.Operating expenses incl depreciation doNet operatin0" revenues do
Ocean-cable:Operating revenues doOperating expenses incl depreciation doNet operating revenues do
Radiotelegraph:Operatin? revenues doOperating expenses incl depreciation doNet operatin a revenues do
22184151
1,309
1 95909199
10183
1077596
793. 1669. 0
53 4630 5113.848. 837 1
3 147.03 1 . 40335,315
13. 89311,2862,607
5, 2061,080
9.1565
115
1691671088971
2,217
9g()4. 4SS
696. 5392. 6236 5418. 3116.665 0
21, 86419 4951,300
3,0142. 470
225
4,2243,324
747
19145121
1, 252
i 91877895
10471836192
765. 8644. 9
52. 1606 2114 844. 831 9
3 144. 53 1. 3743 5, 073
14, 07311,4112 662
5, 445823
9.2362
112
1741681119371
2, 323
2544. 192
740. 7414.4252. 0441.4126.667.6
22,14420, 0041 , 029
3,0232, 452
240
4,4713,443
866
14223114
1 174
9°899398
10471876092
825 4695 958 9
625 6125 274 659 7
15. 52112 4913 030
5 663907
9 6061
109
29920013810869
6, 438
4. 155
753. 8414.2264, 3447. 6128.066. 5
23,01320, 627
1,241
3. 0352, 465
247
4, 6523, 543
959
9S263141
r I 510
90899397
9668905891
774 7658 3
47 9600 51 1 3 460 841 5
149. 01 3705. 675
14, 54111 6862 855
5 021851
9 4765
111
22316614911252
2.818
3. 642
741 9416. 3250. 4441. 9124.866.8
22. 28819,9821,291
2, 9142, 521
58
4.4123. 496
744
36202111
1,341
94908899
10474925696
843. 3721.047.4
623 9129 8
89. 773 1
15,05612,0403,016
5, 283795
10.0471
111
16413712710040
1. 802
°5S4, 259
767 0424.3264. 8457. 3131. 467. 1
22, 58720 O'?0
1, 689
3. 1252,721
49
4, 6S13, 2091,258
24144103
1 214
959286
100
9772
1185796
799 6681. 1
47 2607 1121 0
71. 557 7
14.91312,0052 908
5. 233839
9.7263
109
1331101018638
874
2203,615
762. 9424. 4259. 3452. 3131. 567.3
21, 48319, 878
797
3,0832, 406
351
4,5313, 467
892
1785
1171 397
96909292
11664
1035797
770 8626 4
60 3614 9
99 557. 269 6
152. 81 3604. 943
13,75311,0452 708
5 900927
8.8149
111
128136999934
562
2694, 432
771.6428. 8264. 4459. 1134. 567. 6
22,41120,074
1,770
3, 1862, 113
723
4,7313,711
845
136288
1 079
94889993
11163
1005495
........
13,97111.4002 571
5 465865
9 0061
109
1391389771
4557
776. 9430. 8267 8461. 4131.167. 9
22, 09320, 106
598
3, 2762, 582
344
4,6323, 534
928
116296
1 142
079098
104
11064
1195398
12, 67910, 1612 518
5,290855
9.1763
114
145158866861
4 692
749. 544>6. 7244. 0439.2127. 968. 1
21,22018, 795
455
2,8932,517
69
4,3423, 361
810
1789
1251 494
979296
102
10573
1145297
22 295 721 953 6
M44 821 830 4
2 352 82112 6
2 66 o
148. 21 3544, 460
13, 91511 3502 565
6 200976
8.8763
123
1851751128693
4 764
2 7702 12, 873
790. 6432. 9278.3470. 6132. 168.4
22, 64920, 262
971
3,2202, 594
312
4,8213,6141, 005
1710097
1 251
96939398
10779835298
14, 04511 3292 716
6, 103832
9.6764
108
17018312195
1074 1, 357
783. 3435. 4267. 4458. 5135. 468. 6
21.98919,6141.013
2,8832, 463
96
4,4603, 536
739
1619494
1 244
949380
101
10370875195
........
13,39613 1433 253
6 057986
9.0064
125
178183129100125
4 1,981
796. 8438. 8278.0475.1134.568.9
23,01120, 762
861
3,1452,581
257
4,8083,699
919
13275116
1 480
90877195
9452875192
22 407 922 046 3
2 157 o21 883 1
2 371 92 152 9
154. 61 3525,037
5 684828
9 6463
116
204304130122114
4 4. 861
2 7072 1 1 , 694
791.1439. 7269. 1458. 8138. 369.0
22, 36620, 389
659
2,9022,444
161
4,7193,734
801
921285
1 102
90876994
8156844993
5. 495741
8 7554
107
854 7. 554
7s<;. 3436. 2208. 5461.8135. 169. 4
21, 25920, 854
d 828
2, 9502, 623
d 5
4, 6073, 697
726
12203
901 169
90927795
986?794791
5 167830
9 6060
106
72* 7. 669
27221110
1 486
88897494
9867754589
57
CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Inorganic chemicals, production:}Acetylene mil. cu ftAmmonia, synthetic anhydrous (commercial)
thous. sh. tons__Carbon dioxide, liquid, gas, and solid doChlorine gas do
Hvdrochloric acid (100% II Cl) doNitric acid (100% IINOs) doOxygen (high purity) mil cu ftPhosnhorie acid (100%, PsO.O thous. sh. tons _
1,012
401.5r 74.8386.4
80.8276.34,832175.8
r 968
432.9'76.0383.6
77.0281.5
r 6, 555187.1
938
417.2M02.4
394.7
83.3276. 6' 6, 964
175.0
939
399. 6'85.2349. 8
70. 6283.9
r 7, 173175.7
' 1, 101
425.5"-7S.8409. 5
83.0297. 5
r 7, 626195.6
'1,115
435.4r 69. 3411.4
86. 9298. 8
r 7, 667184. 9
" 1, 135
449.1r 65. 8420. 7
85.6306.2
r 8, 060183. 7
989
416.870.2
405.8
79.0296. 57, 360202.0
1.061
429.463.3
381. 9
78.9289.8
5 8, 255185.6
1,159
494.873.5
437.5
89.9300.99, 161212.2
1,102
508. 375.4
423.1
89.1292. 38,577209.4
1, 133
510.796.9
432.8
89.1305.98, 083232. 5
1,066
496.0100.6427.5
91.0277.97,782188.4
1,105
471.1r 105. 7r 438. 9
90.4278.0
'7,433177. 5
1, 089
463. 3107.9441.1
89.5299.78, 105195.5
r Revised. 1 Based on unadjusted data. 2 Quarterly total. ^Quarterly average.*EtYcot ivc Jan. 1962, data reflect redefinition of visits to one park: Jan. 1962 (new basis),62,600 visits; Jan. 1961 (old basis), 18,600 visits. 5 Beginning Feb. 1962, data include quan-tities for 14 plants not previously reporting. * Def ic i t .
cfData for Sept. and Dec. 1961 and Mar., June, and Sept. 1962 cover 5 weeks.tRevised effective with the Dec. 1961 SURVEY to incorporate the 1957-59 comparison
base period, as well as new weights and seasonal facto Monthly indexes for total loadin
October 1062 SURVEY OF CURRENT BUSINESS S-25
Unless otherwise stated, statistics through 1960and descriptive notes are shown in the 1961edition of BUSINESS STATISTICS
1960 1961
Monthlyaverage
1961
Aug. Sept. Oct. Nov. Dec.
1962
Jan. Feb. Mar. Apr. May!
June July Aug. Sept.
CHEMICALS AND ALLIED PRODUCTS—Continued
CHEMICALS— Continued
Inorganic chemicals, productionj— ContinuedSodium carbonate (soda ash), synthetic (58%
Na2O)__ _ _ thous. sh. tonsSodium bichromate and chromate doSodium hydroxide (100% NaOH) doSodium silicate (soluble silicate glass), anhydrous
thous. sh. tons_-Sodium sulfates (anhydrous, refined; Glauber's
salt: crude salt cake) thous. sh. tons—Sulfuric acid (100% HaS04) do
Organic chemicals :cfAcetic acid (synthetic and natural), production
mil.lb..Acetic anhydride, production _ _ doAcetylsalicylic acid (aspirin) , production do _
Alcohol, ethyl:Production mil proof galStocks, end of month doUsed for denaturation do
Alcohol, denatured:Production mil wine galConsumption (withdrawals) doStocks end of month do
Creosote oil, production mil. galDDT production mil IbEthyl acetate (85%), production do
Ethylene glycol, production doFormaldehyde (37% HCHO), production. .doGlycerin, refined, all grades:
Production doStocks, end of month do
Methanol , production:Natural _ mil. galSvnthetic do
Phthalic anhydride, production mil. Ib
FERTILIZERS
Consumption (10states)§ thous. sh. tons_.Exports, total 9 do
Nitrogenous materials doPhosphate materials _ _ doPotash materials do
Imports total° doNitrogenous materials, total 9 do
Nitra te of soda doPhosphate materials doPotash materials - - do
Potash deliveries (KjO) doSuperphosphate and other phosphatic fertilizers
(100% P2O5)'lProduction thous sh tonsStocks end of month _ _ do
MISCELLANEOUS PRODUCTS
Explosives (industrial), shipments:Black blasting powder thous IbHigh explosives do
Paints, varnish, and lacquer, factory shipments: fTotal shipments mil $
Trade products doIndustrial finishes do
Sulfur, native (Frasch) and recovered:!Production thous Ig tonsStocks (producers') end of month do
SYNTHETIC PLASTICS AND RESINMATERIALS
Production:©Cellulose acetate and mixed ester plastics:
Sheets rods and tubes mil. Ib
Nitrocellulose sheets, rods, and tubes do
Phenolic and other tar acid resins doPolystyrene do
'Alkyd rosins do
Polyester resins do
Miscellaneous (incl. protective coatings) _ _ .do
379.810.2
414.3
41.4
89.41,490.3
63.791.32.0
154.2'130.3
45.2i 5.3
24.224.3
4.4
7.713.78.9
108.1156.0
24 927.4
.224 733.4
278056243
43668
207105301236
181
223346
12882, 026
147.085.361.7
4763,826
4.27.6. 1
49.382.129.8
100.246.411.8
15.8111.330.4
376.410.1
408.2
43.9
95.31,487.3
'65.3' 105. 0
1.9
52.1' 139. 3
43.25.1
23.423.46.2
'7. 314.3'8.5
' 98. 6' 146. 0
22 434.3
. 1T 25. 6'31.7
279753931
42965
227123411336
173
228415
12782, 424
145. 8* 8fi. 5459.3
5194,098
4.87.5.1
49.083.529.3
100.532.19.8
13.6132.838.2
376.010.2
418.9
41.0
94.4'1,401.7
69.693.32.0
49.6142.341.55.0
22.924.2
5.1
10.314.74.6
99.3154.9
24.433.8
.125.533.3
255534
13447
57
15893371019
232
191447
29992, 792
169. 1102.266.9
5724,179
5.06.6.1
53.988.432.6
107.434.510.0
13.6134.040.3
369.19.9
370.0
43.0
97.61,390.7
65.0105.0
2.0
53.4140.937.65.5
20.319.06.4
8.113.77.7
87.7155.5
18.032.6
.122.831.6
362523
1842870
203124355
33
124
219435
10693, 769
153.490.962.5
4844,253
5.48.5.1
52.689.733.0
101.534.411.6
12.8121.837.4
408.111.6
443.8
54.6
97.41, 543.5
76.8104.7
2.4
66.3136.944.77.3
24.024.95.4
6.813.612.0
97.5165. 1
23.030.7
.128.130.0
420548
34452
52
260138351554
211
240447
19894, 844
149.085.763.3
5284, 255
5.48.6.1
57.298.137.6
116.837.210.3
15.2146.243.8
410.210.5
433.7
58.9
105. 21,556.9
74.0106.1
2.1
56. 4138.842.56.0
23. 523.05.9
7.413.012.8
95.2162.4
24.634.0
.128. 528.0
33054062
41157
216106329
57
104
236480
17785, 296
133. 673.859.8
5194,307
5.28.6.1
54.692.736.0
110. 934.412.5
15.5148.443.4
388.910.6
442.4
43.5
108.01,597.3
76.8117.3
2.3
55.3141.143.74.2
23.524.25.2
6.412.97.3
97.3156.6
24.038.4
.127.730.9
33(5605
47440100
15687261214
159
230519
14479, 679
109.758.451.3
5504,814
6.37.7. 1
52.595.932.2
108.531.09.3
13.3153.241.8
382.410.8
423.1
40.6
102.31,640.4
83.796.52.0
53.7145.943.94.3
23.723.65.4
6.110.39.6
91.3155. 8
20.935.2
. 126.428.7
68071
51189
261128501570
302
238527
11475,118
129.269.959.3
5164, 863
\ 12.8
« 58. 05 99.9539.2
113.337.0
15.9150.6
368.610.2
403.2
46.5
97.71, 535. 6
72.593.52.3
47.8148. 742.74.5
23.023.45.0
8.113.23.9
80.8157. 2
21.036.4
.125 525.6
541114347
76
25913137
73
117
220509
7276, 616
123.969.954.0
4764,890
12.3
53.292.838.9
113.935.4
15.5156.9
400.711.0
466.3
47.8
113.71, 725. 6
75.0106.4
2.5
53.3147.745.6
24.523.95.6
5.113.99.8
87.9163.5
21.235.2
.129 030.2
48652
35274
306157281857
232
249446
5381, 058
151.285.066.2
4914,830
15.6
59.8105.640.1
131. 343.6
17.9167.0
394.111.5
454.9
51.6
106.21, 675. 9
75.2102.2
2.1
52.1153. 140.8
21.721.45.7
8.612.17.3
88.8165. 3
21. 236.1
.127 933.7
684128464
76
397230
692459
365
248302
8391, 583
166.6100.765.9
4464,779
13.2
53.8105.538.8
122.442.8
18.7166.7
404.111. 1
464.3
55.1
106. 51, 692. 3
85.6105. 0
2.4
50.3151.444.6
24.024.85.0
8.014.57.9
98. 4172.2
18.833.7
.128 031.5
63598
40658
287186551410
258
255253
35101, 886
186.1112.373.8
4744,761
14.2
61.1113.241.9
130.647.0
'20.2170.9
400.410.8
459. 9
42.7
94.21,502.3
79.4107.4
2.0
50.4154. 142.7
22.923.94.1
7.713.412.4
103. 6164.1
21.135.4
. 126 533.3
54324
44447
19412S501310
60
204316
62100, 792
177.8107. 370.5
4674,751
14.2
'59.6107.3'41.5
' 131. 1'46.1
' 18.6170.6
368.310.8
467. 1
36.8
95.9'1,438.4
77.2101.5
1.8
49.3158.139.1
21.121.33.8
7.2' 16. 1
5.2
119. 1' 150. 2
17.832.3
.129.833.6
56310
42899
2293133
332422
123
'170382
163. 5103.360.2
4734,777
11.3
48.995.333.2
116.240.7
13.8172.7
390.49.6
469. 7
44.8
1,499.9
103. 92.3
8.115. 79.0
122. 0169. 0
21.130.8
28. 333. '2
69960
54782
19984901949
201415
177.6111.366.3
2 Based on data for 11 States; see note. .3 Beginning July 1962, excludes ammonium p
-^wMmv^uwMo ^w iw^a^ ^.~..~ ^^araieiy;, polystyrene, u.u, men, etc., o.o.jSee similar note on p. S-24. d" Data (except for alcohol) are reported on the basis of
100% content of the specified material unless otherwise indicated.§ States represented are; North Carolina, South Carolina, Georgia, Florida, Alabama,
Tennessee, Arkansas, Louisiana, Texas, Oklahoma; also Virginia in the monthly averages.According to quarterly reports from Virginia, consumption in that State was as follows(thous. sh. tons): 1961—Jan.-Mar., 258; Apr .-June, 311; July-Sept., 75; Oct.-Dec., 97.
9 Includes data not shown separately. ^Revisions for 1960-Apr. 1961 for superphosphateand for Jan.-Mar. 1961 for paints, etc., will be shown later.
fRevised effective with the Jan. 1962 SURVEY to include recovered sulfur.©Beginning July 1961, data are not strictly comparable with those for earlier periods
because of the inclusion of companies formerly not reporting; monthly averages are based onreported annual totals.
S-20 SURVEY OF CTRKEXT BUSINESS (Vtolior 1!K>2
Unless otherwise stated, statistics through 1960and descriptive notes are shown in the 1961edition of BUSINESS STATISTICS
19GO 1961
.Monthlyaverage
1961
Aug. Sept. Oct . Nov. Dec. Jan. Fob. Mar. Apr.
1962
May Juno July | Aug. Sept.
ELECTRIC POWER AND GAS
ELECTRIC POWER
Production (utility and industrial), total Omil. kw.-hr...
Electric utilities total doBv fuels doBv \vaterpower do._ -
Privately and municipally owned util doOther producers (publiclv owned) do
Industrial establishments total doBv fuels ._ _.doBv waterpower do
Sales to ultimate customers, total (EEI)§ ..do ._-Commercial and industrial:
Small light and power do_ __Large light and power do
Railwavs and railroads doResidential or domestic do_ _-Street and highway lighting doOther public authorities _ doInterdepartmental do
Revenue from sales to ultimate customers (EdisonElectric Institute) § - mil. $..
GAS
Manufactured and mixed gas (quarterly) :f.cfCustomers end of Quarter total 9 thous--
RcQidential doIndustrial and commercial - do
Silos to consumers total 9 mil therms- -Residential doIndustrial and commercial do
Revenue from sales to consumers, total 9mil. $~
Residential doIndustrial and commercial do
Natural gas (quarterly): to*Customers end of quarter total 9 thous--
Residential doIndustrial and commercial do
Salp^ to consumers total 9 mil thermsResidential doIndustrial and commercial do
Revenue from sales to consumers total 9 mil $Residential doIndustrial and commercial do
70, 13562. 77950, 65312. 126
51,29411,486
7. 3567, 055
301
56, 933
9, 56728, 733
39816, 367
5101,304
959. 6
2,3742,218' 155
' 568403
' 162
••74.457.2
r 16 9
30, 55428, 0872 430
22 6367 558
13, 907
1 ,326 6734 9553 8
73,21165, 99853, 34812, 650
53, 62412, 374
7,2136,932
281
1 60, 061
i 11,2391 28,952
39017,418
5641,3702 128
U,014.1
' 2, 071r 1 . 937
r 133r 563r 401' 158
' 70. 7' 54. 4r 15 9
'31,661'29,093
r 2, 533r23 397
r 7 894r 14, 272rl,424.7
T 787 8' 595 1
78, 96571, 48658, 37813,108
58, 06913,417
7,4797,224
255
62, 973
12, 94830, 392
36017 268
4841,369
1,59
1,055.3
74, 46667, 29755. 36611,931
54, 84912,449
7, 1696, 946
223
63, 138
12, 936' 30, 175
35617,566
5561,396
153
1,065.6
r'2 014r 1 , 887
r V2(\
r 273r 150r 12'2
r37. 0r 25. 5
11 4
P31, 424'28,933
r 2, 456r!6 850' 2 672
r 13, 129r875 6r 357 3r 484 6
74.47166.84855, 37311,475
54, 40812.441
7, 6237,377
246
61, 309
11,80430, 197
36816 796
6071,395
140
1,033 4
74, 22266 66954, 80611,863
54,08012, 590
7 5527, 285
267
60, 306
11,234r 29, 563
38516 913
6491 , 432
130
1 013 9
78, 41970. 87857, 14713,731
57. 40713,471
7, 5417, 246
295
' 62, 293
11,27029, 627
44318,712
r 6821,437
122
1,043.4
r 2 062r 1 930
'131
"• 520r .%4r 152
r 65. 3' 49. 8r If 1
'32,294'29,636' 2, 621
'i;)3 976r 7 781
'14,858
'1,454.7' 784 8' 625 1
80,91373,12358,82314,301
59, 43713, 687
7,7907,479
311
65, 428
11.27630, 156
45521,213
7411 . 468
l^O
1,091.7
72, 04764, 77751, 43513, 342
52, 73312, 044
7 2706, 982
288
63, 520
11, 11129, 230
42520 495
6201 , 529
109
1,073. 6
78, 64670. 71954,56216,157
56, 72513, 994
7,9277, 604
323
64, 151
11,21430, 736
43319, 616
6201, 461
71
1.071.7
2. 0731 940
133
964748908
114.091. 5•>1 8
32,30129.634
9 . 630
33 53415 70516 358
2.266.11 432 7
783 5
73, 52865, 87349, 87316. 001
53, 10312 770
7, 6547.318
336
62.143
10, 95830, 384
39118 308
5741 , 443
84
1,041. 6
78,07170. 24155. 02015.221
57. 05313 188
7 8297, 507
322
62, 216
11.27331,443
3631 7. 006
5401,489
103
1 . 040. 5
77.81970. 1 6456. 39713, 767
57, 26012, 904
7, 6557,373
282
64, 056
12. 47531. 527
35517,513
5151,564
106
1,079.7
2, 0561 924
131
484324158
60. 945 715 0
32 19929, 606
2 556
22 5576 85214 6
1 362 6720 7606 3
80, 32272, 93359, 47913, 453
59, 28113, 651
7 3907,143
247
65, 184
13 10231, 197
35018 364
5241 , 528
11Q
1 102 6
84. 09376. 43963. 22613. 213
62. 42414 015
7 6547,405
249
EOOD AND KINDRED PRODUCTS; TOBACCO
ALCOHOLIC BEVERAGES
Beer:Production --_ - . ...mil. bbL.Taxable withdrawals doStocks end of month do
Distilled spirits (total) :Production mil. tax gaL-Consumption, apparent, for beverage purposes
mil. wine gal_.Taxable withdrawals mil. tax gal -Stocks, end of month doImports _ _ . _ mil. proof gal. -
Whisky:Production mil. tax gal--Taxable withdrawals doStocks end of month doImports _ _ mil. proof gal- -
Rectified spirits and wines, production, totalmil. proof gal. -
Whisky _ . do -Wines and distilling materials:
Effervescent wines:Production mil. wine gal--Taxable withdrawals doStocks, end of month doImports do
Still wines:Production doTaxable withdrawals ..doStocks, end of month doImports - do
Distilling materials produced at wineries. ..do
7.787 33
10 37
3 13. 27
19.563 9.90
3 835. 023.10
12.416.84
806. 442.75
6. 975.39
.33
.282.45.08
13 8212.44
176. 11.82
27.57
7.927.42
10 61
15. 06
20. 1210.04
859. 633.26
11.857.08
835 992.87
7.055. 32
.34
.312.64
081 14 001 12. 98175. 86
93
27.61
9.419.16
11.13
10. 11
18.9310. 03
859. 462.98
7.396.75
837. 522.63
6.895. 10
.35
.262.95
06
5 0012.93
123. 4590
14.31
7.407.62
10 47
13.12
18.8010. 52
859. 433.74
9.357.56
837. 073.30
7.555.83
.25
.312.87
08
50 2613.14
163. 921 00
112.99
7.336.99
10 37
19.25
22.5814.34
864. 324.69
13.9210.93
840. 544. 12
10.488.21
.26
.472.61
. 13
81 8116.28
230. 551 20
143. 95
6. 526. 609.87
19.53
25.3512.41
868. 395. 35
15.739.39
844. 234.75
8.746.71
.32
.552.35.17
10.4514.47
220. 131.38
35. 56
6.436. 489 42
16.43
28. 328. 08
874. 593.82
13.585.79
850. 133.35
6.024. 49
.38
.492.20
12
4 6013.53
209. 501 00
11.92
6.996.139.86
15.88
16.918.58
879. 712. 75
13.436.02
855. 922.46
5.884.08
.33
.272.23
.05
3.2812.22
194.331 00
9.68
6. 426. 75
10. 16
15. 32
1 7. 078.65
883. 952. 76
12. 766.35
860. 192.41
5.874.49
.50
.202.51.05
2.7011.11
187. 44.88
4. 08
8.307.33
10.66
15.41
20. 6310.41
886. 453.07
12.107.30
862. 662.71
7.385.59
.42
.252.67
06
2.5314.33
172. 671 03
1.43
8.357. 46
11 07
13. 16
18.629.38
885.903.07
10. 286.44
862. 362.70
6.214.48
.35
.222.76
.07
2 1512. 10
164. 411 06
1.70
9.769.06
11.20
15.94
21.1410. 86
890. 663.55
12.137.03
867. 513.09
7.545.44
.49
.302.93
08
2 6711.93
150. 961 31
1.58
9.969. 19
11 39
12.69
20.4010.66
890. 082.92
8.836.54
867 552.55
7.215 27
.46
.263. 10
05
1 6711.72
141.8788
2.56
9.909 22
11 49
6 43
18. 678 29
886. 812 90
3.425.02
864 492 57
5.624 12
.16
.193 06
06
1 079 16
131. 7678
1.47
3 28
2 88
06
92
r Revised.1 Revisions for 1961: Jan.—total, 59,894; large light, etc., 27,730; revenue, 1,016.9. May-
small light, etc., 10,423; large light, etc., 29,034.2 Beginning Mar. 1961, data include sales not previously reported.3 Average for July-Dec.©Revisions for Jan .-Nov. 1960 are available upon request.
§ Includes data for Alaska and Hawaii.t Revised 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.cTThe 1960 and 1961 averages shown for gas are quarterly averages.9 Includes data not shown separately.
SUKVEY OF CURRENT BUSINESS S-27
Unless otherwise stated, statistics through 196019fiO
and descrintive notes are shown in the 1961 A T « r
1961
edition of BUSINESS STATISTICS average
1961
Aug. Sept, Oct . Nov. I )oc.
1962
Jan. Feb. Mar. Apr. May .Tune July Aug. Sept.
FOOD AND KINDRED PRODUCTS; TOBACCO—Continued
DAIRY PRODUCTS
Butter, creamery:Production (factory) J mil IbStocks, cold storage, end of month doPrice, wholesale, 92-score (N.Y.) .. $ per Ib .
Cheese:Production (factory) totalf mil Ib
American, whole in ilk J __do
Stocks, cold storage, end of month, total do\merican, whole milk do__
Imports _. do_. _Price, wholesale, American, single daisies (Chi-
cago) _- $ per IbCondensed and evaporated milk:
Production, case goods:tCondensed (sweetened) mil IbEvaporated (unsweetened) do
Stocks, manufacturers', case goods, end of mo.:Condensed (sweetened) mil. Ib"Evaporated (unsweetened) _ do _
Exports:
E vapora ted (unsweetened) doPrice, manufacturers' average selling:
Evaporated (unsweetened) $ per case--Fluid milk:
Production on farms. _ _ mil. Ib .rtilb.ntion in mfd. dairy products d" doPrice wholesale U S average $ per 100 Ib
Dry milk:Production^
Drv whole milk mil IbNonfat dry milk (human food) _ do
Stocks, manufacturers', end of month:Drv whole milk _ doNonfat dry milk (human food) do_..
Exports:
Nonfat drv milk (human food) doPrice, manufacturers' average selling, nonfat dry
milk (human food) $ per IbGRAIN AND GRAIN PRODUCTS
Exports (barley, corn, oats, rye, wheat) -.-mil. bu._
Barley:Production (crop estimate) do
Stocks (domestic) end of quarter total doOn farms. doOff farms do
Exports including malt§ _. doPrices, wholesale (Minneapolis):
No 2 malting $ per buNo. 3, straight do
Corn:Production (crop estimate, grain only) mil. bufJrindings, wet process ' do
Stocks (domestic), end of quarter, totalmil bu
O n farms _ _ d oOff farms do
Exports, including meal and flour do ...Prices, wholesale:
No. 3, yellow (Chicago) $ per bu._Weighted avg., 5 markets, all grades - do.
Oats:Production (crop estimate) mil bu
Stocks (domestic), end of quarter total doOn farms _ doOff farms - - - do
Exports including oatmeal doPrice, wholesale, No. 3, white (Chicago)
$perbu__
Rice:Production (crop estimate) . mil bags 9California mills:
Receipts; domestic, rough.. .mil. l b _ _Shipments from mills, milled rice doStocks, rough and cleaned (cleaned basis), end
of month rnil IbSouthern States mills (Ark., La., Term., Tex.):
Receipts, rough, from producers mil. lb._Shipments from mills, milled rice .__ doStocks, domestic, rough and cleaned (cleaned
basis), end of month millb..Exports doPrice, wholesale, Nato, No. 2 (N.0.)..._ $ per lb._
Rye:Production (crop estimate) mil. bu_.Stocks (domestic), end of quarter, total doPrice, wholesale, No. 2 (Minneapolis) . _ _ $ per bu..
114.4106. 5. 599
123.283.0
316.8277.3
5.3
.414
5.7181.4
5.5235. 9
3 58.4
6.34
10, 2343,9694.21
8 2151.6
6.4121. 5
9 316. 6
.137
78.0
i 431 3
3311.13 166. 83 144. 3
7.8
1.141.06
i 3, 90812.8
3 3, 09031,7093 1,381
18.6
1.131.07
» 1, 155;j 6723 595
3 77
2.95.71
1 54.6
10062
100
338231
845163
.081
!33.1321.6
1.13
123.7181.5.612
135. 995.4
429.8379. 5
6.3
.409
5.8176. 5
6.0243. 6
3 97.6
6.30
10, 4554. 2674.22
6.8167. 8
6.4136. 6
1 521.0
. 154
90. 5
i 393. 4
s 291. 83 154. 03 137. 8
5.4
1.311.23
i 3, 62413. 1
3 3, 2463 1,7843 1,463
24. 5
1.111.06
i 1,0133 6573576381
1.7
5 .67
i 53.6
11071
104
317209
826148
5.086
127.3320.9« 1. 20 1
108 1256. 5.614
134 498.0
511.0448.4
5.8
.410
5 9188.4
6.9367. 2
3 510.5
6. 29
10. 2703, 954
4. 17
6 5143.9
6 6153. 6
2 027.3
.160
78.4
2.2
1.431.35
14.6
23.4
1.121.08
.6
.68
12970
97
158102
25857
.085
1.21
94 8238.4
.614
119 384.0
501. 2442.2
6.0
.413
5 3157. 4
6.7364. 5
3 44.5
6. 29
9. 6213.4564.38
5.5119.1
5. 7134.8
1 328.1
. 159
81.4
433. 8242. 5191.4
4.2
1.471.40
13.4
4 2, 0084 580
4 1, 42824.5
1.101.06
972859113
4.2
.68
7868
80
769154
62051
.084
29.71.24
110 1230.7.613
120 380.3
490.5432 6
6. 0
.415
6 0138 1
6 8336. 2
2 75. 1
6.29
9. 6723,759
4 47
7 7134.9
5.5127.8
1 119.0
.161
99.6
3.3
1.481.42
14.1
23.8
1.091.06
1 6
.67
19169
135
1,565240
1,41198
.089
1.30
109 9223.7
611
111 171.6
470.6421 5
8. 1
414
5 '?117 2
5 4282 6
4 43.7
6. 29
9.2193, 625
4 55
7 6136 3
6 0116.9
fj29. 9
. 160
104. 1
6 0
1 461.40
13.6
32.3
1.101.09
1 0
.71
10095
102
486253
1,485139
. 090
1.32
126 1224.8. 61 1
120 677. 1
472.9419 9
6.9
.410
5 4125 6
5 6225. 1
3 92.6
6. 29
9, 7724, 064
4 45
7 3169. 4
7.3132. 5
] ]12.3
. 162
100. 5
333. 7179. 4154. 3
5.3
1.431.37
11.9
4, 4953,0221 47334.3
1.081.08
77569580
3
(6)
16978
126
242285
1,378255
.093
19.31.31
144 2239. 0
610
117 277.6
456. 8405 9
5 9
410
5 9117 7
4 6162 6
3 05.6
6. 29
10,1184. 415
4 39
8 0184 5
8.2126.7
821. 5
. 162
85.1
5 3
1 471.42
13.2
35.6
1.081.04
2
.70
182109
133
169264
1,237280
.095
1.31
133 0260. 0.610
111 474.1
432. 8382 8
5.9
.410
5 6118 2
4 0106.3
3 910.9
6.29
9, 6294.109
4 29
5 6177.4
7. 7131.0
$18.7
. 161
116.0
9.9
1.411.35
12.7
43.3
1.071.01
2
.65
229172
107
228296
1,102186
.098
f.29
150 3303. 1.609
127 185.6
417.2367. 8
6.0
.402
4 4149 4
4.366.1
4 24.6
6.28
11,1014, 684
4 16
6 4203.8
6. 1128.4
440. 5
.161
103.6
215 798.0
117 88.5
1.391.33
14.7
3,3862 1491 23637.3
1.111.06
49543263
2
.70
167110
119
100282
905238
.098
14.61.25
147 5345. 4. 586
139 198.6
441. 0390. 8
6.4
. 394
5 2177.3
6.296. 9
42.4
6.16
11, 3404. 8093.88
7 5214. 3
6. 6128. 3
1 518.9
.147
101. 3
9.2
1.341.28
14.9
36.3
1.121.08
2
.72
121110
92
54222
732231
.098
1.25
166 7386. 9
. 586
167 5126. 4
460. I416 2
7. 8
.392
8 3225. 5
6.2162.4
4 72.5
6.07
12. 5335. 6093 76
9 7253. 0
7.4155.7
1 025.2
.142
128.3
16.5
1.261.21
14.8
42.1
1.151.11
4 6
.73
10068
90
25212
550223
.098
1.2l 1
152 6429. 4.584
168 0126.5
495. 4452. 9
6.1
.392
6 8215. 0
3.7218.6
5 96.3
6.03
'12,0035, 2753 71
7 7236. 5
7.7168.7
2 231.6
. 142
110.9
4 122 44 47. 64 74 8
10.2
1.221.18
14.8
2, 4871, 551
93639.4
1.141.11
4 276^229
4 48
6 4
.69
7380
56
30187
391183
.098
4 7 91.24 1
122 4469. 0.588
145 5107.3
526. 6483.8
4.5
392
7 9188 5
4.3256. 9
4 05.4
6. 02
10,9774, 3493 86
4 7182. 1
7.6142. 1
fi?,(). 0
. 142
86.2
4.7
1.191.14
14.2
33.4
1.121.10
2 2
.65
7437
67
22207
208145
r .096
1.16
104. 3456. 8
. f 90
131 093.8
521.24^1.0
r>. 1
.392
6 7171.5
4.8271.3
4 ]6.1
6. 03
10,2443, 797
4 03
148. 4
6. 1118.0
I ()20. 9
.142
90.3
5.3
1 161.09
15.7
32.8
1.101.07
5 1
.64
6853
45
437179
32186
P . 087
1.14
{) 683
fi 4 9'$
2 430 ^
1 131.07
2 3 .512
1. 111 09
2 1 , 028
. 67
263 7
2 38 l)
1. 17r Revised. * Preliminary.1 Crop estimate for the year. 2 Oct. 1 estimate of the 1962 crop. 3 Quarterly average.4 Old crop only; new crop not reported until beginning of new crop year (July for barley,
oats, rye, and wrheat; Oct. for corn). 5 Average based on months for which quotations areavailable. • No quotation.
{Revisions for 1960 appear in the Oct. 1961 SURVEY; those for Jan.-May 1961 are availableupon request.
cf Revisions for Jan. 1955-Sept. 1960 are available upon request.§Excludes a small amount of pearl barley.9 Bags of 100 Ib.
S-28 SURVEY OF CURE EXT BUSINESS October 1062
Unless otherwise stated, statistics through 1960and descriptive notes are shown in the 1961edition of BUSINESS STATISTICS
I960 1961
Monthlyaverage
1961
Aug. Sept. Oct. Nov.
FOOD AND KINDRED PRODUCTS
Dec.
1962
Jan. F
; TOBACCO
•».b. Mar. Apr. May June July Aug. Sept.
—Continued
GRAIN AND GRAIN PRODUCTS— Con.
Wheat:Production (crop estimate) total mil bu
w / "h f" ~ " doDistribution (ouarterlv total) do
Stocks (domestic) end of Quarter total do
XfT f do
Exports total including flour doWheat only __do
Prices, wholesale:No 1, dark northern spring (Minneapolis)
$ per b u _ _No 2 hard winter (Kansas City) doNo' 2' red winter (St Louis) do _Weighted avg 6 markets, all grades.. do
Wheat flonr:Production:
Flour -- thous. sacks (100 Ib.) .Operations percent of capacityOffal thous. sh tons..
Grin ding's of wheat thous buStocks held by mills, end of quarter
thous. sacks (100 lb.)_.Exports - - -do_ _.Prices, wholesale:
Spring, standard patents (Minneapolis)$ per 100 Ib
Winter, hard, 95% patents ("Kans. City). .do
LIVESTOCK
Cattle and calves:Slaughter (federally inspected) :
Calves thous. animals..Oatt.le.V.""."- do....
Receipts (salable) at 25 public markets? doShipments, feeder, to 8 corn-belt States doPrices, whole-snip;
"Rppf sfpprs (Chicago) $perl001b_.Steers, stoe>er and feeder (Kansas City)._doCalves, vealers (Natl. Stockyards, Hl.)_--do. . -
I Too-s:Slaughter (federally inspected) ___thous . animals..Receipts (salable) at 25 public marketst do._.Prioos:
Wholesale, average, all grades (Chicago)$ p o r l O O l b _ .
TTog-corn price ratio (bu. of corn equal in valueto 100 Ib live hog) __ . _ -- -
Sheep and lambs:Slaughter (federally inspected).. .thous. animals-.Receipts ('salable) at 25 public marketsf do. ...Shipments, feeder, to 8 corn-belt States doPrices, wholesale:
Lambs average (Chicago) $ per 100 Ib .Lambs, feeder, good and choice (Omaha) .do . _ _
MEATS
Total meats:Production (carcass weight, leaf lard in) , inspected
slaughter mil. IbStocks (excluding lard), cold storage, end of
month - ... mil. lb."Export** (including lard) „ _ doImports (excluding lard) do
Beef and veal:Production inspected slaughter doStocks cold storage end of month doExports doImports -. ..doPrice, wholesale, beef, fresh, steer carcasses, choice
(600-700 Ibs.) (New York) $per lb.Lamb and mutton:
Production inspected slaughter mil IbStocks cold st^raee, end of month do
Pork (includinglard), production, inspected slaugh-ter . _._ __ - mil. l b _ _
Pork (excluding lard):Production inspected slaughter doStocks cold storage, end of month. _ _ do -Exports _ _ _ . _ _ . .do. _ .Imports doPrices, wholesale:
I Tams, smoked, composite $ per lb_.Fresh loins, 8-12 Ib. average (New York). do
Lard:Production, inspected slaughter mil. IbStocks, drv and cold storage, end of mo. _ do. -Export* doPrice, wholesale, refined (Chicago) $ per lb._
1 1.357!247
'1,1113293
31 ,8223 318
3 1, 504
48.242.2
2.212.02
51.952.17
21,26292.4402
48, 5603 4, 443
2,613
5. 3224.992
4381, 616
506
25. 9322! 9328.46
5,513
15. 50
15.3
1,170
291
19.2018. 26
2, 000
5258763
1 , 005. 4173.4
2.440.9
.451
55. 612.2
1,005.3
762. 4271.1
5.814.3
.472
.471
177.3r 119.0
51.7.125
i 1, 235i 158
i 1, 0763332
31,8543305
31, 549
58.252.4
2.282.04
5 1.972.25
21, 69393.3405
49, 333
34,7032,511
5.5205. 166
4171, 664
528
24. 4623. 3(30. 17
5. 4691, 580
16. 71
16. 6
1,25355;253
17.0714. 99
2,116
460
80
1,051.0175.5
2.555.4
.427
59.619.9
1, 005. 0
763. 1203 4
5.714.5
.471
.479
176. 5120.834.9.133
52.146.1
2.302.041.972.34
23,81094.7451
54,454
2,628
5.6255.334
4211,803
465
24.0122. 9428. 00
5,1141, 485
17.19
16.6
1.290595367
17 7514.01
2,117
390
104
1,130.0175. 5
2.483.5
.410
57.623.0
929.6
710.7136.9
5.213. 2
. 466
.488
159. 0114.122. 1.125
331
2, 316466
1,850
48.144.5
2.382.071.942.41
21,11296. 5398
48,118
4, 7511,536
5.6605. 333
4561,7121, 252
720
24.2122. 6128. 50
5. 2401,451
17. 69
16. 8
1 , 2S6T.89
630
16. 6214. 66
2, 063
3816280
! , 072. 1178.8
2.857.7
.410
57.721.0
933.3
713.7128.3
5.813.3
.464
.497
160. 199. 521.8.130
70.264.8
2.402.081.872.36
23,06395.8431
52,480
2,344
5. 6655.317
5111,817
1,300
24.47
30. 50
6, 2231, 802
16. 79
16. 3
1, 412726557
16.2514.20
2,314
3979389
1, 136.1182. 7
2.463.2
.419
64. 219.7
1, 113. 7
850.7136. 4
5.616.6
.462
. 506
191.790.434.4.123
63.258.1
2. 422.12(6)2.40
22, 933100.0
43052, 250
2,176
5. 6505. 300
4691 , 0831,329
983
25. 4423. 0330. 50
6. 3271,830
15.94
16.7
1,213551224
1 6. 0013. 95
2, 269
48611497
1 , 049. 3212.2
2 669. 9
.428
56. 918.4
1,162.4
890.0193. 0
6.516.8
.483
.467
197. 589.364.5.124
335
1,982359
1,623
60.054.6
2.442.14(6)2.42
22,014100.6
41350,108
4,9732,345
5. 6385. 267
4161, 5891, 070
447
25. 8423. 0632. 00
5, 7381, 623
16.32
17.0
1,12449Q
127
16.2513.72
2,120
4855878
999. 3211.4
2.152.7
.441
53.817.6
1,067.3
815. 8200.0
5. 515.8
.504
.452
183. 8110.113.6.118
43.736.8
2.462.091.992.37
23, 51597.7440
53, 532
3,012
5. 6255. 267
4541,7811, 326
368
25. 9022.8035. 50
6. 0981, 838
16. 66
17.4
1, 375577205
16. 8813. 72
2,312
4827499
1,117.4193. 6
2.464.8
.450
67.716.3
1,127.3
872. 1209.1
4.517.4
.499
.484
186.8101.640.4. 120
62.446.3
2.452.112.052.40
21, 73899.5405
49, 417
7,003
5. 6505.267
3621 , 468
968279
26. 0423. 1633. 50
5,3121,498
16.24
17.1
1,177441127
17. 5014. 85
1 , 953
4977172
927.6177.6
1.949.3
.449
58.916.1
966.0
739. 2235. 5
3.814.6
7.490.469
165. 0103.438.0.125
342
1,641211
1 430
57. 549.2
2.442.12(6)2.39
23, 16595.1430
52, 606
4,8773,647
5. 6885. 350
4611,6491,013
334
26. 6524. 5635. 50
6, 2251, 623
15.97
16.5
1,227445131
17.3815.38
2, 233
55273
136
1,038.7180.6
1.997.4
.455
61.018.3
1, 132. 8
877.7279.7
4.319.2
.495
.450
185.3104.533.6.128
55.449.2
2.462.13(6)2.41
20, 42187.8378
46, 225
2,704
5.7755.483
3831.5221, 130
421
26.8025. 1 130. 00
5. 6721,680
15.66
15.6
1,173467100
17. 6215. 30
2, 068
5798291
960. 5170.9
2.061.4
.452
57.418.5
1,049.7
808.1315.9
4.616.2
.488
.429
176.0109.242.4.120
63.857.2
2.502.17(6)2.43
21, 03586.4396
48, 021
2,896
5. 9005. 633
3981 . 7661. 134
432
25 6224^1829.00
5 8001,722
15. 25
14.9
1,197527189
21.75(fi)
2. 261
58586
'80
1,110.1148.7- 2 . 451.4
.444
56.417.9
1,094.1
838. 5338.5
5.219.1
.465
.425
186.1123.324.8.123
339
* 1 3044 l()9
4 1 9Q2
53. 348.1
2.502.192.122.33
20,12586.9375
45, 677
4 2752,290
5. 9385. 683
3421,718
997270
24.9123. 2328. 00
5. 0411,498
16.23
15.6
1,062411183
23, 50« 16.00
2, 087
51211998
1,075.3129.6
2.669.1
.440
48.014.7
963.3
731.4295.1
7.317.8
.467
.463
168.8103. 550.5.120
43.337.7
2.522.222.132.32
20, 33488.2378
46, 130
2,428
••6.113'5.817
3671, 7651.167
259
26. 1223. 75
T Oy 0Q
4. 6991,424
17.24
16.2
1,170470151
21.75« 16. 00
2, 025
4448199
1,081.4128.1
1.973.2
.443
53.211.8
890.1
680.5233. 6
6.316.4
.470.503
153. 3r 96. 7
38.2.120
46.040.6
2.422.252.072.39
23, 20791.9433
52, 865
2,334
p6. 178p 5. 930
4341,8701, 288
592
27 8823. 91
P 27. 51
5, 2141, 507
17.68
17.1
1, 254528293
20. 50« 16. 40
2. 135
38971
145
1. 120. 8137.1
2.4113.3
.478
56.811.4
957.8
740. 5177.6
5.416.4
P. 493.520
158. 277.334.5
p . 125
2 1, 09522802 815
2.442.23(6)2.45
1. 152
29.6325. 21
~1~280~
18.46
17.5
589
19. 50« 16.56
.502
. 552
T Revised. p Preliminary.1 Crop estimate for the year. 2 Oct. 1 estimate of 1962 crop. 3 Quarterly average.* Old crop only; new grain not reported until beginning of new crop year (July for wheat).
5 Average based on months for which quotations are available. 6 No quotation.7 Beginning Feb. 1962, prices not strictly comparable with those for earlier periods.jRevised series. ° Choice only.
October I!)(i2 SURVEY OF CURRENT BUSINESS S-29
Unless otherwise stated, statistics through 1960and descriptive notes are shown in the 1961edition of BUSINESS STATISTICS
1960 1961
Month lyaverage
1961
Aug. Sept. Oct. Nov. Dec.
1962
Jan. Feb. Mar. Apr. May June July Aug. Sept.
FOOD AND KINDRED PRODUCTS; TOBACCO—Contmued
POULTRY AND EGGSPoultry:
Slaughter (commercial production)! mil. lb__Stocks, cold storage (frozen), end of month
do_.._Turkevs „ _ _ do
Price, in Georgia producing area, live broilers$ per lb__
Eggs:Production on farms mil casesOStocks, cold storage, end of month:
Shell thous casesOFrozen mil Ib
Price, wholesale, extras, large (delivered; Chicago)$ per doz__
MISCELLANEOUS FOOD PRODUCTS
Cocoa (cacao) beans:Imports (incl. shells) thous. Ig. tons__Price, wholesale, Accra (New York) $ per lb__
CofFee (green):Inventories (roasters', importers', dealers'), end
of quarter thous. bagscf..Roastings (green weight), quarterly total do
Imports doFrom Brazil do
Price, wholesale, Santos, No. 4 (New York)$per lb ._
Confectionery, manufacturers' sales ___ mil. $
Fish:Stocks, cold storage, end of month mil. l b _ _
Sugar:Cuban stocks, raw, end of month
thous Spanish tonsUnited States:
Deliveries and supply (rawr basis):Production and receipts:
Production thous sh tonsEntries from off shore total 9 do
Hawaii and Puerto Rico do
Deliveries, total. _ _ _ _ _ _ d o _ _ _For domestic consumption doFor export and livestock feed do
Stocks, raw and refined, end of month .doExports c;h ton*}Imports-
Raw sugar, total 9 thous. sh. tonsFrom Philippine Islands _ do
Refined sugar, total _ do. _ _
Prices (New York) :Raw, wholesale $ nerlb..Refined:
Retail § $per51bWholesale (excl. excise tax) $ per l b _ _
Toa, imports thous Ib
Baking or frying fats (incl. shortening):Production mil Ib
mil. lb_.Salad or cooking oils:
Production doStocks (producers' and warehouse), end of month
mil. l b _ _Margarine:
Production _ _ doStocks (producers' and warehouse), end of month
mil. lb__Price, wholesale (colored; mfr. to wholesaler or
large retailer' delivered) $ per Ib
FATS, OILS, AND RELATED PRODUCTS
Animal and fish fats: ATallow, edible:
Production (quantities rendered) mil. lb_.Consumption in end products doStocks (factory and warehouse), end of month
mil. lb-Tallow and grease (except wool), inedible:
Production (quantities rendered) do_.Consumntion in end products _ .do _ _ _Stocks (factory and warehouse), end of month
mil. lb_.Fish and marine mammal oils:
Production _ _ _ do__Consumption in end products doStocks (factory and warehouse), end of month
mil. lb-r Revised. v Preliminary.1 Quarterly average. 2 Data from July 1960 for
quota purchase charges. Revisions for July 1960-Ji449; 347; 770; 766; 638; 610.
t Re visions for Jan.-Aug. 1960 are shown in the Oct
512
249135
.162
14.2
474111
.372
20.5. 286
i 3, 1 08i 5, 474
1, 838770
.360100
191
2,640
256- 2 562
145
778772
61,750
401
3548836
.063
. 553
.087
9, 598
192.8
114.9
159.6
53. 6
141.3
35.4
29.424.6
25.2
276.1152. 7
319.3
17.49.0
93.4
ward reldy 1961;
. 1961 Su
593
322192
.132
r 14. 3
16281
.355
28. 5.227
1 3, 0341 5,573
1, 866719
. 363103
184
3,142
265'528
169
808801
71.716
510
33810614
.063
.570
.087
9,111
204.6
116.9
175.3
154.0
143. 6
38.3
.268
35.931.4
26.8
296.2144.8
r 369. 4
20.89.3
123.4
lect revi428; 644;
RVEY.
725
318189
.120
13.6
280108
.366
30.5.213
1,776776
.36589
199
3,725
93-748
242
1,003992
111,131
592
39414531
.060
.573
.087
8,914
220.6
107.3
175.9
142. 7
130.5
35.6
.270
39.638.7
29. 7
318.4152.2
«-379.3
49.18.9
161.4
sions to500; 382
734
416270
.111
'13.1
225100
. 399
16. 6.215
3. 21 15, 163
1,864809
. 353138
204
3, 225
105"•468
183
917911
6885
1,124
316956
.061
. 561
.086
8, 136
203.6
111.4
164.1
137. 6
146. 8
39.4
.270
34.733.5
25.2
290.3146.5
' 389. 3
24.28.2
179.7
include262; 20C
827
550382
.113
13. 6
14586
.393
10.3. 226
1,934797
.340140
207
2,725
697-440
82
799790
91,261
566
3589716
.062
.567
.084
10, 644
233. 4
112.8
174.5
152.0
157. 3
40.2
.270
36.033.3
23.9
306. 3149.0
r 401. 0
14.38.3
176.4
non-; 675;
736
489318
.118
13. 6
8370
.357
6.2.245
1,608577
.341131
207
1,245
903'246
53
815805
91,708
356
32547
.062
. 555
.084
10, 769
235.5
119. 3
180.8
173.6
147.0
40.6
.270
40.037.6
20.9
319.7155. 6
* 397. 8
10.28.7
159. 0
oc9Ir
JerseyAF« R
523
432263
.148
14.3
3961
. 335
11.1.265
2,8155, 882
2 1411, 059
.341106
197
1,262
r 760r 184
60
' 755'750
52,195
443
3199514
.064r. 564.086
8, 659
222.4
122.9
187.9
199. 9
147.8
32.8
.270
35.526.1
24.7
293.9147. 5
r 408. 5
11.28.3
132.9
ases of 30icludes d
or data o3visions,
478
405251
. 155
14.7
2949
. 356
30.3.225
2. 2951,017
.345109
179
843
324r 538
67
625618
72, 156
234
2305619
.065
.565
.086
11,202
221.3
125.0
181.2
215.6
159.8
38.3
.270
37.529.6
25.9
313.6155.8
410.1
. 78.3
125.6
dozen,ata not
n lard, scJan.-Jul
388
340219
.156
13.7
3840
.330
22.3.195
2,312862
.345104
154
1,248
93-473
139
603596
81,974
202
1853319
.064
.573
.088
9,378
214.5
130.3
195.1
206.9
140.6
37.7
.270
39.336.0
25.0
292.1138.6
393.1
.47.9
114.7
d"Bagshown se
e p. S-28y 1961: 34
456
293191
.154
15.9
5648
.310
25.1.213
3, 0296 088
1, 836683
. 315110
123
1,968
47-600r205
848841
81, 735
134
326738
. 064
.574
.088
10, 800
214.4
142.7
235.8
223. 5
142. 9
38.3
.270
35.530.5
24.2
287.0153. 3
425.0
.38.4
101.7
=! of 132.2parately
6.8; 354.(
481
253156
.141
15.6
5260
.306
35.7.208
1,865638
.34594
125
2, 468
93- 654
164
706696
101,740
194
31613626
.065
.564
.089
11, 782
231.7
155. 8
228. 4
242. 4
135. 9
37.3
.270
33.328.6
23. 5
274.7148.4
412.3
4.98.3
98.3
76 Ib., § Pric
); 355.0; 3
580
220132
.135
15.8
32285
.269
28.9.224
2.032731
.35079
137
2, 458
39- 605
262
833824
91,624
225
49418617
.064
.565
. 089
12, 747
230.8
177.9
234. 9
254. 3
136.1
39.9
.270
40.832.9
26.5
305. 6170.9
358. 2
31.19.0
130.2
3 for Ne
40.2; 356.
573
205121
.134
14.6
397111
.266
37.0.208
3,0505 307
1, 550523
.34873
157
2,458
56-440
272
960952
81,567
270
36313653
.065
. 565
.089
8,019
227.4
217.3
254. 6
272.8
129.6
42.7
. 258
36.728.4
29.0
288.5164. 3
340.4
51.89.3
148.2
tf York
0; 333.2;
572
210123
.139
14.4
343122
.280
39.0.205
1, 679580
.34869
185
1,374
46- 863
277
892
9-1,315
194
46920413
.064
. 565
.089
11, 303
189.0
201. 1
230. 9
264. 1
125. 9
39.3
- .246
33.429.5
30.3
274.6120.3
381.2
- 45. 17.6
- 166. 7
and No
372.2.
667
251160
.146
13.9
250120
.343
22.9.202
1,991693
. 34895
-206
934
967256
883
P 90433 fi
308137
9
.066
p . 089
10, 245
242.9
199 5
206. 1
253. 8
140. 1
38.0
f . 246
38.937.5
24.3
295. 4166. 6
366. 0
33.47.8
153. 3
rtheaster
. 155
13.4
"""."200"
.340
218
. 063
n New
S-30 SURVEY OF CUREENT BUSINESS October lin;:>
Unless otherwise stated, statistics through 1960and descriptive notes are shown in the 1961edition of BUSINESS STATISTICS
1960 1961
Monthlyaverage
1961
Aug. Sept. Oct. Nov. Dec.
1962
Jan. Feb. 1 Mar. Apr. May June July Aug. Sept.
FOOD AND KINDRED PRODUCTS; TOBACCO Continued
FATS, OILS, AND RELATEDPRODUCTS— Continued
Vegetable oils and related products:Vegetable oils (total crude and refined) :
Exports _ __ __ __ __mil . l b__Imports do
Coconut oil:Production:
Crude doRefined _ do__
Consumption in end products do_ _Stocks, crude and refined (factory and ware-
house), end of month mil. lbImports do _ _ .
Corn oil:Production:
Crude _ doRefined _ do
Consumption in end products doStocks, crude and refined (factory and ware-
house), end of month mil. l b _ _
Cottonseed cake and meal:Production thous. sh. tons__Stocks (at oil mills) end of month do
Cottonseed oil:Production:
Crude - _mil . lb_.Refined _ _ do
Consumption in end products _ _ _ d oStocks, crude and refined (factory and warehouse) ,
end of month I _. mil lbPrice, wholesale (drums; N.Y.) _$pe r lb ._
Linseed oil:Production, crude (raw) ._. mil. lb_.Consumptlon in end products doStocks, crude and refined (factory and warehouse) ,
end of month mil lbPrice, wholesale (Minneapolis) $ per lb_-
Soybean cake and meal:tProduction _ _ thous. sh. tons. _Stocks (at oil mills), end of month do
Soybean oil:Production:
Crude mil. lb__Re fined - do
Consumption in end products doStocks, crude and refined (factory and warehouse),
end of month mil lbPrice, wholesale (refined; N.Y.) $ per lb_.
TOBACCOLoaf:
Production (crop estimate) mil lbStocks, dealers' and manufacturers', end of quar-
Exports, incl scrap and stems thous. l b _ _Imports incl scrap and stems do
Manufactured:Production total doConsumption (withdrawals):
Cigarettes (small):Tax-exempt millionsTaxable do
Cigars (large) taxable doManufactured tobacco and snuff, taxable
thous lbExports cigarettes millions
142.843.9
41.333.349.4
2 322. 513.0
27.525.726.2
35. 2
207. 8172 4
151.4127.1106. 4
385.7.151
30.632.0
110.8.131
762. 6104.3
366. 0289.7283. 8
476. 5.129
3 1,944
5 4, 57341,34613, 257
14,442
3, 08339,178
543
14,1481,685
92. 647.2
41.638.653.7
313. 613.6
28.026.826.4
34.6
204.0168 4
149.5125. 5
••110.7
335. 8. 186
35.531.8
103.0.142
778.4147.2
370.2' 299. 4r 288. 7
' 704. 5.157
3 2, 0583 4, 58041,74113.870
14,429
3, 29640, 67 7
531
14, 1241,861
99.748.6
47.047.263.2
294.315.6
30.731.531.1
35. 1
68.689 4
48.947.8
105. 4
182.8.191
37.935.7
87.4.153
692.4171.1
333.9291.9280.3
765. 6.153
36, 61515,931
16, 391
3S59847, 166
593
15, 8891,644
57.050. 9
44.837.551.1
300.812.1
29.129.030.5
33.2
149.673 3
109.463.290.3
170.4.194
40.733.0
96.8.149
529.771.9
253. 3284.0292.5
677. 2.148
4,53781, 76213,066
15, 015
3,10039, 584
549
14, 3791,970
108. 061.2
45.743.058.9
295.322.2
28.226.531.5
25.3
339.696 7
255. 1161. 1117.3
245. 0. 179
34.030.1
98.3. 152
838.762.4
396.9294. 6309.2
738.0.149
90,31614, 048
16, 098
3,73245, 361
605
15,0101,872
78.059. 7
43.238.650.7
308.120.6
28.326.523.1
28.3
342.985 8
256. 8183. 5
r 125. 4
r 320. 4.179
39.525.8
117.0.152
888.062.9
417.7319.2
r 302. 1
' 802. 2.146
69, 48414,629
13, 909
3, 34242, 568
666
13, 9051,987
79. 051.9
39. 134. 751.8
319.318.6
27.727.822.7
30.7
286.881 5
210.3168. 9
r 117.5
392.0.183
32. 124.8
128. 4.152
895. 499. 3
417.9332. 1
r 315.1
859.6. 151
4,84342, 89310. 131
11,348
3,06333, 260
367
11,5262,011
111.162.3
38.039.954. 6
307.522.0
28.426.722.4
36.2
299. 184 9
219. 1160.9109.2
434.2.183
33.327.1
134.9.152
946. 7101. 4
442.4341.5323. 2
933. 3.148
19, 75615,710
14, 335
3, 29941,114
490
13, 9991,861
105.037.4
38 839.851.4
291.87.6
27.824.420.5
42.1
268. 5113 6
200. 7164. 3106. 7
488.7. 181
33.425.4
140.6.152
841. 189. 2
395. 0312. 1304.0
959. 2. 145
23.71614, 182
12, 880
3, 28335,836
432
11,7541.982
82 649.4
41 546 961.7
285. 615.3
31. 526.624.0
49.5
242.5123 4
182.0162.0117.9
477. 5.179
30.632. 9
137.0. 152
899.191.2
422.7351.7347. 9
956. 4. 142
4, 73728, 49113, 773
14. 772
3, 52842, 645
513
14, 0852. 097
186 153.9
31 945.861.6
269.917.9
31.328.724.1
54.1
192.1156 9
146.3142.9121. 5
513. 4. 176
31.734.8
135. 3. 152
840.396.0
397.4318. 1340. 5
924.6. 141
30, 76713, 945
13.988
3, 22538, 592
510
13, 8492.166
141 051 0
28 047 060 0
245 019.0
32 329.526.7
55.9
130.9164 0
98.2117.4112.2
458.4.171
23.335.4
121.2.151
891.4101.8
425.4352.7352. 1
930.4.133
29,21515, 054
15,033
3, 72545, 094
623
14, 6471 , 880
215 441.0
(i)45 562.1
218.816.0
32.026.828.9
51.9
99.9155 7
74.991.4
107.8
401.5.169
20.936.0
105.4.147
794.088.0
376.6364.9378.7
808.8.128
4,31838, 83512, 404
14, 093
3,53741, 294
535
14, 2002,119
234 338 6
35 636 049 3
220 615 5
30 328 427.1
52 1
85.213^ 9
63 772 8
'98.0
324 4.165
14.335.1
79 3.145
807.791.2
383.9314 5337.0
763.3.122
34, 62512, 281
12, 346
3, 20839. 377
520
12, 7661,902
1(39 1
57 1
30 148 564 7
9QQ 4.96 1
33 334 832.1
49 5
103.2
75 177 8
107 6
970 7p. 161
27 135.2
70 o
p. 138
799 072.9
379 7339 9349 %
683 1p. 124
35, 00914 123
2. 060
4 9 If!"
LEATHER AND PRODUCTS
HIDES AND SKINSExports:
Value total 9 thous. $Calf and kip skins thous skinsCattle 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 J/S/1 5 lb _ _- $perlb_.Hides, steer, heavy, native, over 53 lb do
LEATHERProduction:
Calf and whole kip thous skinsCattle hide and side kip thous hides and kipsGoat and kid _ thous. skinsSheep and lamb do
Exports:Glove and garment leather. _ _ _thous. sq. it--Upper and lining leather - - - do
Prices, wholesale:Sole bends light, f.o.b tannery _ $ per lb_Upper, chrome calf, B and C grades, f.o.b. tan-
nerv $ per sq. ft._
6 367177574
5,8862,3081,605
.561
.139
5281,8311,5702,540
2,8793,449
.703
1.319
7,179212637
5,3572,3251,228
p. 631v . 150
5331,8951, 2392,658
5,2444,291
p. 707
p 1.401
7,335169633
4,3961,6591,277
.650
.178
5672. 0791,0803,161
5,3884,007
.735
1.390
6,406190488
5,5762,5451,081
.650
.178
4921,8611, 1482,635
5, 5994,270
.740
1.398
7,194139594
5,1391,9231,115
.675
.163
5582. 0201. 3052,835
6,1744,430
.740
1.412
7,357201611
4, 6541, 1261,109
.650
.163
5811,9661,3112,954
4,7613,744
.733
1.387
7,844148808
4,718973
1,012
.675
.148
5601,8691, 2532,403
3,6593,673
.720
1.397
7, 867116704
5,2962,3301, 109
.675
.148
5881,9471, 3262,462
3,4383,153
.717
1.380
5, 514179442
7,6153, 1221,601
.700
.138
5101, 8931,0492,570
3,1632,821
.710
1.380
6,304237515
9,1115,8531,463
.700
.138
4891,9131,1332.330
2, 9513,232
.713
1.330
5,677212452
6,0351,6871.512
.650
.143
5051,8521,1002,421
3,5573,113
.717
1.323
6, 957184572
7,0673,3861,202
.650
.158
4721,9991,2112,806
3, 5062,499
.720
1.357
7,939180605
5,9912,7821,278
.625
.163
513r 1, 882r 1, 241
2,643
3,9503,387
.680
1.350
7 518116690
4,9211,115
982
.575
.153
3801, 5401,1271,992
2,2492,933
.710
' 1. 333
8 506135773
5, 1722, 0701 375
P. 600P. 158
2,8283, 105
P. 710
p 1. 337r Revised. p Preliminary.
i Not available. 2 Average based on 9 months (Apr.-Dec.).^ Crop estimate for the year. * Oct. 1 estimate of 1962 crop. - Quarterly average.
^Data formerly shown in mil. lb.9 Includes data for items not shown separately.
October 1062 SURVEY OF CURRENT BUSINESS S-31
Unless otherwise stated, statistics through 1960and descriptive notes are shown in the 1961edition of BUSINESS STATISTICS
1960 1961
Monthlyaverage
1961
Aug. Sept. Oct. Nov. Dec.
1962
Jan. Feb. Mar. Apr. May June July Aug. Sept,
LEATHER AND PRODUCTS—Continued
LEATHER MANUFACTURES
Shoes and slippers:Production, total thous. pairs .
Shoes, sandals, and play shoes, except athleticthous. pairs. _
Slippers for housewear _ _ doAthletic do _Other footwear do
Exports doPrices, wholesale, f.o.b. factory:
Men's and boys' oxfords, dress, elk or sideupper, Goodyear welt 1957-59=100-
Women's oxfords, elk side upper, Goodyearwelt 1957-59 = 100
Women's pumps, low-medium quality do _ _
49, 870
42, 5896,216
584482
199
106.5
108.0109. 3
49, 982
42, 8776 131
501474
179
105. 5
108. 1110.2
57, 146
47, 6128 483
468583
202
105. 5
108.3109.9
47, 646
38, 1248 526
444552
184
105. 5
108.3109.9
51, 842
41,0599 696
502585
210
105.5
108.3110.4
49, 966
39, 8039 142
548473
198
105.5
108.3111.0
46, 729
40, 4885 165
553523
160
105.5
108.3111. 1
55, 828
50, 4084 472
502446
106
105.8
108.3111. 1
53, 411
47, 9014 624
511375
166
105.8
108.3110.9
58, 898
52, 2175 631
583467
202
105 8
108.3111.0
52, 887
46, 4735 317
579518
192
105 8
108 3111.1
53,211
45, 7776 293
577564
191
105 8
108 3111 1
51,110
43, 1946 671
552693
159
105.8
108.3110.9
46 155
39, 7555 665
315420
131
105 8
108 3111.2
58 994
48, 5519 293' 496654
206
105 8
108 3111. 1
LUMBER AND MANUFACTURES
LUMBER— ALL TYPES
National Lumber Manufacturers Association:Production, total! mil bd ft
Hardwoods _ _ _ _.doSoftwoods do
Shipments, total! doHardwoods doSoftwoods do
Stocks (gross), mill, end of month, total!- -doHardwoods doSoftwoods do
Exports, total sawmill products doImports, total sawTrnill products _do
SOFTWOODSDouglas fir:!
Orders, new mil. bd. f t_ .Orders, unfilled, end of month . do
Production _ doShipments doStocks (gross), mill, end of month.. do
Exports, total sa\vmill products. _ doSawed timber doBoards, planks, scantlings, etc do
Prices, wholesale:Dimension, construction, dried, 2" x 4", R. L.
$ per M bd. f t_.Flooring, C and better, F. G., I" x 4", R. L.
$ per M bd. ft-Southern pine:
Orders, newt.. mil. bd. f t _ _Orders, unfilled, end of month _ do
Production! doShipments! _ doStocks (gross), mill and concentration yards, end
of month mil bd ftExports, total sawmill products M bd. f t _ _
Sawed timber doBoards planks scantlings etc do
Prices, wholesale, (indexes):Boards, No. 2 and better, 1" x 6", R. L.
1957-59-100..Flooring, B and better, F. G., 1" x 4", S. L.
1957-59=100..Western pine:
Orders, newt mil. bd ftOrders, unfilled, end of month do
Production! doShipments! _ doStocks (gross), mill, end of monthj-. _ do _.Price, wholesale, Ponderosa, boards, No. 3, 1" x
1?" R L (6' and over) $ per M bd ft
HARDWOOD FLOORING AND PLYWOOD
Flooring:Maple, beech, and birch:
Orders, new mil. bd ftOrders, unfilled, end of month doProduction doShipments __ do _Stocks (gross) mill, end of month do
Oak:Orders new doOrders, unfilled, end of month do .Production doShipments doStocks (gross), mill, end of month do
2,874513
2,361
2 803505
2,298
7,8801,9165, 964
72327
666533
696691
1,146
321715
81.13
U30.03
517191
548518
2,0477,7941,9625 833
99.0
97.4
719359
747725
1,957
74.86
3.211.63.03.19.7
69.038.573.270.695.6
2,641385
2,257
2 666415
2 251
7,9121,8976, 015
64355
640471
646640
1,126
231012
78.43
124. 21
545224
538544
2,0875,8271,3424,486
92.7
95.3
727359
724728
1,974
69.63
3.111.33.13.08.7
64.235.665.565.499.9
3,047377
2,670
3,010423
2 587
7, 7661,8415, 925
73431
678466
711711
1,096
221012
79.90
123. 01
632225
600620
2, 0518, 4653,5494,916
93.2
95.0
809324
942857
1,962
68.81
3.111.03.73.77.8
77.336.875.374.896.4
2, 829398
2,431
2,784438
2,346
7,8101.8016,009
66372
583424
638625
1, 108
231211
78.95
122. 59
578221
561582
2. 0303, 902
9053,057
93.3
95.2
770317
858777
2,043
68.88
3.210.93.42.98.1
68.137.866.768.393.4
2,842424
2, 418
2,814421
2,393
7,8091,8046, 005
66398
658446
638635
1,082
221111
76.85
121. 74
595211
585605
2, 0105,500
9044, 596
93.3
95.2
794330
806782
2,067
66.83
2.910.63.43.38.2
65.834.370.569.394.5
2,617398
2, 219
2, 497405
2,092
7,8831,7976, 086
70348
598422
637623
1,096
219
11
76.66
121. 74
517183
569545
2, 0345, 650
7804,870
93.2
95.0
621305
664645
2,086
66. 03
2.610.53.22.68.6
61.131.568.466.094.8
2,205313
1,892
2,259404
1,855
7,8281,7066,122
64274
524419
546527
1,114
219
12
75.53
121. 92
423185
489421
2,1027,2682,8894,379
92.7
95.0
644312
577637
2,026
65.74
2.210.02.82.69.1
49.627.355.354.884.7
2,220297
1,923
2,344397
1,947
7, 5391,6065,933
80284
653508
588565
1,122
971116
75. 23
120.18
498221
506462
2,1464, 8921,3893,503
93.7
94.3
690380
513621
1,768
64.61
2.910.53.02.39.8
57.935.560.653.7
100.4
2, 555409
2, 146
2, 624501
2,123
7, 4261,5145,912
54351
618577
626573
1,131
18
11
76.18
119.98
579271
548529
2, 1658,9241,3817,543
93.6
94.3
757441
636697
1,707
65.69
2.610.82.62.4
10.0
65.543.857.757.298.3
2,778395
2,383
2,920479
2,441
7,2841,4305,854
70400
679504
706732
1.105
3514*>2
77.88
120. 41
621283
595609
2,1515,2991.7003, 599
94.1
94.3
741467
705715
1,697
67.38
3.011.12.82.6
10.2
65.449.364.462.796.9
2,752437
2,315
2,920493
2,427
7,1301,3745, 756
58436
717534
677688
1,108
261214
78.46
120. 41
598292
570589
2,1326,7771,6345,143
94.4
94.5
759461
705765
1,637
70.91
2.711.02.42.6
10.0
66.651.157.263.688.4
3,106496
2,610
3,242500
2, 742
6, 9891,3705,619
94457
757511
727780
1,050
301515
79. 03
120. 58
674286
659680
2,1119,3984,3675,031
94.6
94.4
853435
839878
1,598
71.49
4.011.32.83.59.0
72.749.966.874.680.7
2,897524
2,373
3,040491
2,549
6,8721,4055, 467
66468
741500
661752958
248
15
78.90
120. 10
583264
597605
2,1036,6151,9444,671
94.4
94.6
781437
755780
1,573
69.59
4.611.63.04.08.2
68.947.666.170.974.8
2,690522
2,168
2,724465
2 259
6, 8051. 4625, 343
64482
628504
581624927
28r 918
'81. 29
r 122. 18
578251
571591
2,0835,8011,7874,014
93.5
94.3
755445
734747
1, 560
69.08
3.211.02.73.47.0
67.346.963.568.268.9
3,110599
2,511
2, 995507
2, 488
6, 1581, 5544,604
57490
721481
714744893
268
18
P81.37
^123. 66
538246
552543
1,3425,932
8115,121
93.4
94.6
769366
898840
1,610
p 67. 76
3.410.13.03.56.2
80.946.377.981.664.6
•• Revised. » Preliminary. !Revisions for 1959-1960 appear on p. 24 of the Nov. 1961 SURVEY; revisions for 1948-19581 Average for 9 months (Apr .-Dec.). for stocks, all types of lumber, and for Western pine stocks are available upon request.
S-32 SURVEY OF CURRENT BUSINESS October 1002
Unless otherwise stated, statistics through 1960and descriptive notes are shown in the 1961edition of BUSINESS STATISTICS
1960
A i m
1961
t - T i l t r
average
1961
Aug. Sept. Oct. Nov. Doe.
1962
Jan. Fob. Mar. Apr. May June July Aug. Sept.
METALS AND MANUFACTURES
IRON AND STEELForeign trade:
Iron and steel products (excl. advanced mfs. andferroalloys):
Exports, total 9 cf - - thous. sh. tonsSteel mill products _. doScrapd71 do
Imports, total 9 d71 doSteel mill products cf __ _ __ doScrap do
Iron and Steel ScrapProduction and receipts, total thous. sh. tons__
Home scrap produced _ _ _ doPurchased scrap received (net) do
Consumption, total doStocks, consumers', end of mo_ _ _ _doPrices, steel scrap, No. 1 heavy melting:
Composite (5 markets) § $ per Ig. ton _Pittsburgh district .- _ _ d o _ . _
OreIron ore (operations in all U.S. districts):
Mine production c? thous. Ig. tonsShipment^ from mines d71 doImports cf doU.S. and foreign ores and ore agglomerates:
Receipts at iron and steel plants doConsumption at iron and steel plants doExportsd71 doStocks total end of mo d71 do
At mines cf doAt furnace vards doAt U S docks do
^VTan^anese (mn content) general imports cT1 do
Pig Iron and Iron ProductsPig iron:
Production (excl. blast furnace production of fer-roalloys) thous sh tons
Consumption doStocks (consumers' and suppliers'), end of mo.
thous. sh. tons__Prices:
Composite $ per Ig tonBasic ('furnace) - doFoundry No 2 Northern do
Castings, gray iron:Orders, unfilled, for sale, end of mo.
thous. sh. tonsShipments, totaled do ._
For salee? doCastings, malleable iron:
Orders, unfilled, for sale, end of mo.thous sh tons
Shipments, total doFor sale do
Steel, Crude, Semifinished, and FinishedSteel ingots and steel for castings:
Production thous. sh. tons__Index 1957-59=100
Steel castings:Orders, unfilled, for sale, end cf mo.*
thous sh tonsShipments, total _ do
For sale total doSteel forgings (for sale):
Orders unfilled end of mo doShipments total do
DroD and upset _ do
Steel products, net shipments:Total fall grades) ._ do
Semifinished products doStructural shape5* (heavy) steel piling doPlates doRails and accessories _ do _Bars and tool steel, total do __
Bars- Hot rolled (incl. light shapes). doReinforcing doCold finished _ do_ .
Pipe and tubine doWire and wire products doTin mill products doSheets and strip (incl electrical), total do
Sheets' Hot rolled doCold rolled do
Steel mill products, inventories, end of mo.:*Consumers (manufacturers only) mil sh tons
Receipts during month doConsumption during month do
Warehouses (merchant wholesalers) doProducing mills:
In process (inCTots semifinished, etc ) doFinished (sheets plates bars pipe etc ) do
Steel, finished, comnosite nrice $ ner Ib
865248598
340280
15
5, 4753,3002, 1755, 5399,487
32.9533.00
7, 3207,0142,882
9, 39fi8, 522
43970, fil 111,40753. 35S5, 846
99
5, 5565,552
3,471
65. 9566. 0066. 50
739966534
736839
8.273101.9
23111689
31710679
5,929235438511105884576185115588248503
2,417666
1,206
.0698
1,018106810
32926221
5,3153, 2062, 1095,3618,651
36.6435. 00
r 5, 983*• 6. 033
2, 151
7, 7598, 143
412r 82, 009r 15, 952
59, 7906, 267
86
5, 3935,483
3,250
65.9566. 0066. 50
653902514
566036
8,168100. 9
15310178
2749973
5,51021239549670
83953220498
589253510
2,147585
1,013
. 0698
1 057151850
378307
3
5,6233,4662 1575, 5808,569
39. 0536.00
r 9, 277rll,132
3 273
13, 5358, 7671,124
82, 90215,01462, 086
5, 802
63
5, 7645,876
3,045
65. 9566. 0066. 50
686932572
636541
8, 661105.0
15710280
2819772
6, 139204424495
64942599231106781287605
2, 336632
1,065
.0698
973165766
37726936
5,6843, 5162 1675 5848, 674
40.6438.00
r 8, 633T 10, 062
2, 567
12, 1168, 965
690T 84, 590r 13, 596
65, 23S5 756
68
6,0196,105
2,999
65. 9566. 0066. 50
685947567
595335
8,915111. 7
14810380
2839974
6, 05824143754462
931595228101694278485
2,38766?
1,089
.0698
959208713
42333532
6, 1513, 6582 4935 8518, 967
39. 0938.00
r 7, 898r 9 413
3, 071
11,9999, 681
55085 7481?, 10767 5566 085
93
6 3306, 327
3,057
65. 9566. 0066 50
6491,031
594
596639
9, 173111.2
15610882
2S'211184
6, 04628742656761
938594228108632282430
2,423639
1.145
9.4
3.1
.0698
861193630
504357
34
5,7983, 5332 2655 6559, 108
33.1034. 00
5,0227, 3932,218
9, 5609, 058
36284. 1489, 755
68, 0586,335
83
6, 1056,051
3, 147
65. 9566. 0066. 50
636990529
627140
8, 746109. 5
15610983
28211082
5, 787260403608
56904586200110495244405
2,411637
1,163
9.34.14.23.2
7.66.6
. 0698
75021?*>04
35029224
5, 8193 6642 1556 1908,741
34.1036.00
3,711* 1,66')
1,970
4,0809,532
66r 80, 548r 11, 843
62, 6056 100
130
6, 4006, 425
3,183
65. 9566. 0066. 50
672922470
666837
9, 569116.0
16911588
30810478
5, 787272404590
67868601151108448216357
2, 564693
1,294
9.44.34.23.4
8.37.0
.0698
652180445
37733222
6.2143, 9412 2736, 5318, 456
37. 6739.00
3,9111 6871, 777
3,23010,316
13175, 64514,05555, 5726 018
75
6,8336, 996
3,101
65. 9566. 0066. 50
673981512
707543
10, 353125. 5
20011993
34011485
6, 906276402648
941,028
707174137506260614
3,080846
1, 555
10.25.14.33.4
8.57.3
.0698
550169357
321282
17
6, 2303 8112 4196 1838, 506
36 2538.00
3, 5141 4651,588
3, 1399, 696
7970, 94616,10749,0155 824
105
6,4216,576
2,961
65. 9566. 0066. 50
681924474
697040
9,698130. 1
198126100
35611883
6, 626289392612102986682159136534261548
2, 903783
1,406
11.04.94.13.5
8.57. 5
.0698
549153377
392340
16
6, 8054, 2802 5256, 7778, 534
31.9833.00
4, 0161 , 5462, 061
3,71810, 623
4165, 98518, 55942, 1105 316
99
7, 1067,198
2,949
65. 9566. 0066. 50
71,1. 061
563
717642
10, 584128. 3
189149112
345132103
7,699325473720136
1,164823179152657313691
3,219871
1, 566
12.05.64.63.6
7.97.5
.0698
551149385
370325
16
6, 0783 8342 2445 9248 689
30 1832 00
4 5903 5092 718
5 0849 621
36262 07019,64337 573
4 854
101
6 4256 392
3, 079
65 9566. 0066 50
7m1.021
544
727450
9. 236115. 7
206130102
33112292
6. 783262434639113
1,048698211130660302532
2,794738
1,371
12.44.94.53.6
7.67.5
.0698
740150560
509413
13
5, 5473,4192 1285 1679 068
26 1428.00
9,48210 30?3,723
13, 0057,974
62566 34918, 82042, 5914 938
103
5, 4585,304
3,276
65. 9566. 0066. 50
6741,046
708054
7,53691.3
190136107
31112394
6, 183220431567106980624226122663295564
2,356605
1, 128
12.14.54.83.6
7.17.0
. 0698
620158445
475364
19
r 4, 9383 058
r\ §80T4 862r9 196
24 1326 00
9 61711 1174 275
13 5646 758
85371 91417, 32649 4055 183
87
4 582r 4, 605
r 3, 345
65 9566 0066 50
r 628
990553
6974
6,69283.8
172127101
29912294
5,36018840245387
830500222101676273587
1,862504822
11.43.94.63.5
6.76.8
.0698
470140313
59039566
P 4, 323p 2 640v 1 683p 4 238p 9, 278T 24 59
26.00
9 05011 0394,041
13 4575 9651 222
77 86115, 30456 928
5 56Q
4 211P 4, 166
v 3, 439
65 9566. 0066 50
643800452
7357
6, 17474 8
1769775
3039772
4, 505177351381
70701413204
78600209506
1, 509421669
10.93.54.03.5
6.86 6
.0698
704214401
505375
15
p 26 85p 29 00
3 049
12 2286 070
83(>
02 4725 858
71
4 586
65 9500. 0000 50
r 7, 098T 80. 0
5, 402197400438
00854olO23299
723253571
1,897530829
10.53.94.33.3
6.56 5
. 0698
7,25290 8
r Revised. p Preliminary. 9 Includes data not shown separately,cf Scattered revisions for 1959-61 are available upon request.§ Effective Jan. 1961, the composite reflects new weights; prices beginning Jan. 1961 are
not comparable with earlier prices.
*New series (Bureau of the Census). Data for steel mill inventories represent industrytotals for the specified holders of steel mill shapes; stocks held by nonmanufacturing industriesare not shown. Consumers' operations include fabricating activities of steel producingcompanies. For warehouses, data are derived from value of inventories.
October 1962 SURVEY OF CURRENT BUSINESS S-33
Unless otherwise stated, statistics through 1960and descriptive notes are shown in the 1961edition of BUSINESS STATISTICS
1960 1961
Monthlyaverage
1961
Aug. Sept. Oct. Nov. Dec.
1962
Jan. Feb. Mar. Apr. May June July Aug. Sept.
METALS AND MANUFACTURES—Continued
IRON AND STEEL— Continued
Steel, Manufactured Products
Fabricated structural steel:Orders, new (net) thous. sh. tons__Shipments doBacklog end of year or mo do
Barrels and drums, steel, heavy types (for sale):Orders unfilled end of mo thou^Shipments do
•Cans (tinplate), shipments (metal consumed),total for sale and own usej
thous. sh. tons__
NONFERROUS METALS AND PRODUCTS
Aluminum:Production, primary (dom. and foreign ores)
thous. sh. tons__Estimated recovery from scrap doImports (general):
IVTetal and alloys crude doPlates sheets etc do
Exports metal and alloys crude do
Stocks, primary (at reduction plants), end of mo.thous. sh. tons_.
Price, primary ingot, 99.5% min $ per lb._
Aluminum shipments:
M^ill products total t doPlate and sheet (excl foil) § do
Castings do
Copper:Production:
Refinery primary doFrom domestic ores doFrom foreisn ores do
Secondary recovered as refined doImports (general):
Refined doExports:
Refined scrap brass and bron/e ingots+ doRefined do
Consumption, refined (by mills, etc.) do
Stocks refined end of mo total doFabricators' do
Price, bars, electrolytic (N.Y.) $ per lb__
Copper-base mill and foundry products, shipments(quarterly avg. or total):
Copper mill (brass mill) products mil. lb._Copper wire mill products© do
Lead:Production:
Mine, recoverable lead thous. sh. tons..Secondary, estimated recoverable© _ _ _ d o
Imports (general) ore© metalj doConsumption total do
Stocks, end of year or mo.:Producers', ore, base bullion, and in process©
(ABMS) thous sh tonsRefiners' (primary), refined and antimonial
thous. sh. tons__Consumers'cf1 doScrap (lead-base, purchased), all consumers
thous. sh. tons._Price, common grade (N.Y.) $ p e r l b _ _
Tin:Imports (for consumption) :
Ore© __lg . tons._Bars, pigs, etc J do
Estimated recovery from scrap, total© doAs metal ___ do-_ _
Consumption, pig, total _ . d o _ _ _Primary _ _ do
Exports, incl. reexports (metal) doStocks, pig (industrial), end of mo doPrice, pig, Straits (N.Y.), prompt $ p e r l b _ _
Zinc:Mine production, recoverable zinc
thous. sh. tons_.Imports (general):
Ores©t doMetal (slab, blocks) _ do
Consumption (recoverable zinc content) :Ores© _ - _ _ . doScrap, all tyDes - ..do
299322
2,333
1, 6091, 755
404
167.9127.3
12.73.1
23.7
185. 3.2600
388.1254.1115.762.6
90.0126.693.433.123.0
43.811.9
51.336. 1
114 6
174.398.0
. 3205
470380216
20. 639.2
29.385.1
145. 1
158.997.3
46.6.1195
1,1693,2951,800
2506,7104, 290
7122, 7501.0140
36.3
38.110.1
7.416.1
r Revised. P Preliminary. l Recoverable aluminuir•expressed in metallic content (incl. alloying constituents); alof metallic content.
§ Effective with the February 1962 S U R V E Y , figures for plf
343318
2,723
1,5211,834
418
158.6!28.2
16. 64.1
10.7
258.2. 2546
403. 4278.7124.463.5
97.1129.298.430.821.9
38.45.6
48.736. 0
124.0
187.7105.1. 2992
517388212
21.837.7
33.785.6
100.6
205.699.1
41.3.1087
7433, 3251,800
2506,5204, 140
6722, 6301. 1327
38.7
34. 610.6
8.114.9
contentuminum
ite and si
385359
2.378
1, 5222, 043
638
167.036.0
21.94.67.8
259. 2. 2600
426. 6303. 6135. 065. 1
84.0128.996. 032.920. 4
26.75.9
29. 619.9
142.5
192.7121.6. 3060
22.038.8
36.990.8
118.9
190.0110.2
45.3.1100
3754,0341,965
2457,2104,570
2223, 0801. 1978
40.4
37.010.4
6.318.2
. Montcontent
icet excli
408326
2, 729
1,5301,841
539
159.632.0
19.54.26.8
255. 4.2550
416. 5286. 8126. 862.6
98.3118.790.827.820.7
30.25.9
30.023.4
138.5
167.3108.2. 3000
526374203
20.538.6
32.389.1
112.8
189.7107.7
43.3.1100
1,4463.9291,795
2556,4804,245
1624, 8751. 2185
37.4
26.714.4
7.618.4
hly datis about
ide shipn
303354
2, 566
1, 5131.960
453
1 67. 336.0
22.84.6
11.8
255. 6.2400
440.8294. 2127.372.6
104.6129. 8101.927.921.9
43.612.3
32.225. 9
138.9
162.3108. 0. 3060
20.942.2
37.192.3
116.4
193.1106. 6
42.8.1100
3195,0302,005
2406, 8954, 385
525, 6201. 2105
38.9
39.914.4
8.719.6
i are93%
lents
333339
2,707
1, 4511,846
346
164. 136.0
18.44.89.4
240.3. 2400
446.3298. 3129.970.8
104.4130.4104. 326.123.1
47.74.7
30.525.3
137. 1
159. 1102. 9. 3060
20.040.7
40.689.7
107.6
204.9106. 5
39.4.1020
5774,2041, 960
2856,8804,460
5425, 0551.2289
36.0
41.310.2
7.619.8
of foil;©tf<
base s
373296
2,723
1, 5101,607
344
168. 036.0
20. 04.78.7
207.1. 2400
435. 8271. 3115.873.7
103. 2131. 1100. 530.618.7
36.03.4
53.446. 9
115.2
159.4102.4. 3060
532414233
20.734.8
40.889.8
100.6
208. 196.1
38.6. 1025
1, 3463, 6281,795
3056,3403,990
4327, 0281. 2098
36.6
39.411.4
7.418.2
compar,3asic meConsume3r ap.
314284
2, 596
1,4911,887
334
170. 141.0
17.35.0
19.8
198.4.2400
429.4296 9133.979.8
103. 0134. 7103. 531.221.5
50.26.2
37.631.9
134.7
150. 592. 0
. 3000
22.536.7
39.296.1
90.7
207.293.7
40.3.1003
294,6251,930
2207,4404,750
4925, 7351. 2030
37.8
30.314.5
8.620.1
ible datatal contejrs' and
276289
2,487
1, 4821,774
320
157. 743.0
13.55.4
10.2
190.8.2400
429.0292. 2134. 373.6
101.3136. 7103. 733.018.0
32.36.9
38.431.7
125.4
157. 598. 9
. 3060
21.937.2
30.685.4
93.6
200.0101.3
37.2.0958
1,0381,8181,675
2056, 9704, 690
123, 7101.2106
36.7
36,911.2
7.218.2
back tont, tsecond ar
221327
2, 481
1, 5682. 063
379
177.448.0
18.95.3
12.2
170.7.2400
516. 5344.1159.081.2
109.6146. 1107. 938.223.9
54.16.2
33.927. 7
151.0
155. 9102. 2. 3060
582401235
21.937.1
45.788.0
93.0
203. 6104.3
34.4.0950
6704,2471,890
2457,3605, 280
9822, 8051. 2308
42.6
50.014.1
7.922.7
JanuaryS cat t erey smelt e
274312
2,414
1,4381,945
395
173.750.0
19.99.0
10.4
154. 5.2400
474.1315. 9142.278.8
108.8126. 598.627.922.3
16.95.9
30.826.2
138.8
142. 496.8
. 3060
24.035.5
36.383.8
88.3
199.7106.7
33.9.0950
7283, 4571,795
2406,9204, 850
322, 1351. 2212
41.9
32.213.2
7.920.1
1954 are1 revisioirs' stock
294357
2, 352
1,4252, 259
162
184.252.0
30.06.19.7
137.8.2400
499.0354. 3160. 483.3
113.9146. 1109. 336.824.9
64.65.3
30.227.2
142. 6
153. 398.4
. 3060
25.037.7
33.891.9
95. 1
193.7106.6
35.4.0950
6224,3151, 920
2657,2305,170
920, 5101. 1719
43.6
54.59.2
8.621.8
ivailableis for 1963 of lead
292349
2, 406
1, 4602,240
'478
179.152.0
33.06.0
10.3
132. 6. 2400
r 506. 6* 347. 5r 158.8
77.4
102.8145. 8109. 136.725.2
41.46.9
37.534.6
142. 9
157. 1102. 5. 3060
60742224°
24.036.6
30.987.6
94.3
188.4106.0
36.5.0950
1,0052,3831, 820
2356,7104,735
120, 7351. 1302
••• 42. 4
45.39.8
7.8r20. 8
upon re0-Feb. 1{in refine
239308
2, 357
1 , 4021,992
513
184.141.0
38.95.2
12.7
131.7.2400
447.8320.7145. 160.9
r91.5124. 590.933.621.0
47.08.1
26.322.9
"96. 5
P206. 8P121. 1. 3060
^21.331.8
23. 277.2
- 96. 5
191.1102.1
39 9. 0950
5302,784
5 6103, 850
2120, 2251.1145
38.4
40. 213.8
7 516.8
quest.)61 will b3ry shape
289367
2, 301
168. 1
27.35.3
10.3
130. S. 2400
93.6
22 57.3
32.027.4
p 138. 4
P 204. 2P 105. 4
. 3060
14. 6
33.8
87.4
.0950
603; 347
45
1. 084(5
49 i
34.28.2
. 2400
. 3060
. 0950
1.0846
—
e shown later.)? and in copper-
S-34 SUKVEY OF CURRENT BUSINESS October
Unless otherwise stated, statistics through 1960and descriptive notes are shown in the 1961edition of BUSINESS STATISTICS
1960 | 1961
Monthlyaverage
1961
Aug. Sept. Oct. Nov. Dec.
1962
Jan. Feb. Mar. Apr. May June July Aug. Sept.
METALS AND MANUFACTURES—ContinuedNONFERROUS METALS AND PROD.— Con.
Zinc— ContinuedSlab zinc:
Production (primary smelter), from domesticand foreign ores thous. sh. tons_.
Secondary (redistilled) production doConsumption fabricators' _do_ ..Exports doStocks, end of year or mo.:
Producers' at smelter (AZI) doConsumers' do
Price, prime Western (St. Louis) Sperlb..HEATING EQUIPMENT, EXC. ELECTRIC
Radiators and con vectors, cast iron:Shipments mil. sq. ft. radiation--Stocks end of year or mo - do
Oil burners:Shipments thous..Stocks en d of year or mo _ do
Stoves and ranges, domestic cooking:Shipments, total (excl. liquid-fuel types) -.-do
Gasc? - -- do
Stoves, domestic heating, shipments, total.- -doOasf do
Warm-air furnaces (forced-air and gravity air-flow),shipments total t - thous _ _
Gas doWater heaters, gas, shipments do
MACHINERY AND APPARATUSFans, blowers, and unit heaters, qtrly. totals:
Fans and blowers new orders mil $Unit-heater group new orders0 do
Foundry equipment (new) , new orders, netmo. avg. shipments, 1947-49 =100__
Furnaces, industrial, new orders, net:Electric processing mil. $_Fuel-fired (exc for hot rolling steel) do
Material handling equipment (industrial) :New orders index* 1957-59=100Shipments index* do_
Industrial trucks (electric), shipments:Hand (motorized) numberRider-tvpe _ _ do. __
Industrial trucks and tractors (gasoline-powered),shipments number
Machine tools:Metal cutting tools:
Orders, new (net), total mil. $._Domestic -. do
Shipments total doDomestic do
Estimated backlog.. months..
Metal forming tools:Orders, new (net).. mil. $~Shipments _ doEstimated backlog months..
Other machinery and equip., qtrly. shipments:Construction * machinery (selected types),
total 9 - mil. $_.Tractors, tracklaying, total do
Tractor shovel loaders, integral units only(wheel and tracklaying types) mil. $..
Tractors, wheel (excl. garden and contractors'
Farm machines and equipment (selected types) ,
ELECTRICAL EQUIPMENTBatteries (auto, replacement), shipments thous..Household electrical appliances:
Ranges (incl. built-ins), domestic and exportsalest thous
Refrigerators and home freezers, output-JQK7 -\f\f\
Vacuum cleaners (standard type), sales billedthous..
Washers, sales billed (dom. and export) O-- do
Radio sets, production §. . . . ...doTelevision sets (incl. combination), prod.§._.doElectron tubes and semiconductors, factory sales
mil. $..Insulating materials, sales billed, index
1947-49=100..Motors and generators:
New orders index qtrly doNew orders (gross) :
Polvphase induction motors, 1-200 hp__mil. $..D.C. motors and generators, 1-200 hp do
66.65.7
73.26.3
185.968.9
.1295
1.72.8
42.845.9
151.8148. 5
154.7100.9
104.878.9
208.2
1 38. 5!21.5
118.8
1.32.9
99.2103.1
461470
1,885
41.9029.3542. 3032. 85
4.4
12.5012.00
4 . 2
1252,21 67. 5i 16.2
1 ."8.0
' 89. 4
i 186.2
2,194
124.6
111.8
276.1272.9
1, 427. 2475. 7
82.6
137
i 162
13. 62.3
70.64.6
77.64.2
145. 593.8
. 1154
1.22.6
44.444.8
155. 8152.5
145. 888.1
102.980.6
204.7
'40.8ns. 796.9
1.02.6
103.489.6
385380
1,639
46. 3531.4042.3028.60
5.0
10. 9012. 40
3.6
1 237. 4' 59. 4i 18. 6
1 107. 4r' 181.3
2, 359
127.5
115.4
273.6278.9
1, 447. 8514. 8
78.4
134
i 150
12.32.3
62.23.6
84.75.1
188.162.1
. 1150
1.53.6
62.650.9
187.4183.6
226.8136. 2
129.099.1
201.3
62.0
.93.3
93.098.3
388385
1,667
44.8029. 6534.0523. 15
5.2
10. 1012.95
2.8
2,688
122.9
72.9
270.1332. 6
1,385.1514.7
85.9
135
11.82.2
63.05.0
83.33.3
165. 162.9
. 1150
1.63.2
55. 143.8
190. 1185.8
243.2145. 3
149.4112.0182.1
40.614.5
108.4
1.21.1
95.386.5
377349
1,735
55. 0534. 0541.2027.10
10.9510.70
2.8
250. 070. 521 3
56 9
68.9
158. 4
2,811
144.8
122.7
302.2401. 9
2,048.73 694.6
89.5
146
151
13.52.4
75.85.6
89.32.7
150.171.3
. 1150
1.52.9
62.441.8
189.7184.9
290.3177.5
152.4114.3214.6
106.9
1.41.6
102.892.6
495370
1,987
47.3028. 5545. 1528. 35
9.1011.00
2.7
3,215
122.3
117.4
327.6321.9
1,796.4620.8
80.0
150
12. 12.8
76.75.2
83.51.3
146.481.6
. 1150
1.32.7
46.141.4
164.6159.7
167.8105. 5
99.676.6
193.7
77.7
.82.6
91.381.3
272292
1,031
51.9539. 8048.1032.20
12.9511.00
2.9
2,855
130.9
117.0
300.8286.2
1, 730. 8583. 0
79.5
149
11.11.7
80.15.1
79.33.5
151.290.6
.1198
.92.6
37.444.8
148.6146.5
84.445.8
85.468.7
213.2
39.716.9
86.8
.92.1
97.082.7
336383
981
44. 6533. 5057. 2539. 55
12.6013.55
2.8
182.044 X13 5
46 5
79.9
122.3
3,010
147.4
124.3
269.9252.4
1,845.23 580. 3
76. 0
157
143
12.32.5
78.45.5
91.51.1
150.386.9
. 1200
1.12.5
31.249.9
149. 5146.7
86.149.6
86.871.4
207.7
153.2
1.95.8
104. 575.8
333327
1,328
42.0534.3043. 0530. 65
16. 7010. 25
3.3
3,219
130.3
119.0
301.0263.9
1,350.6488.9
72.9
154
11.22.4
74.44.9
85.24.1
144.786.6
.1200
1.12.6
32.352.2
157. 6155. 0
79.842.1
81.065.1
191. 4
145.3
1.42.6
108.579.7
357326
1,278
33. 9526. 3042. 1030. 15
4.7
15. 1511. 95
3.7
2,466
133.6
130.0
304.5289.6
1,464.8541. 5
73.1
160
11.92.3
79.56.0
93.04.8
138.786.3
.1200
1.02.8
39.855.6
175. 6172.7
117.978.6
86.970.7
216.0
41.513.6
98.5
1.01.5
115.8101.5
506523
2,185
44. 6035. 3055. 4038.65
4.4
18. 7512. 00
4.4
220.761.013. 0
48 1
132.2
219. 1
1,776
156.7
144.7
330. 2334.0
M,810.43 659.3
85.9
185
144
13.62.4
78.75. 1
86.46.5
144.683.9
.1150
.63.2
28.862.8
163.2159.7
84.744.8
90.575.1
201.8
163.4
1.12.9
115.6107.5
541388
2,180
43.7034.4548.703 5. 30
4.3
16.2011.65
5.0
1,551
132. 5
143.4
290.7265.2
1,472.7510. 6
77.2
155
13.12.5
78.94.1
91.12.5
145.376.1
. 1150
.83.4
36.464.0
168.3165. 5
110.454.6
98.781.6
195.8
114.3
1.23.4
131.3107.9
535533
2,272
51. 6541.6554. 6036.40
4.1
11.9512.10
5. 1
1,770
137.6
131.4
282.9296.0
1,444.1474.6
77.0
166
13.32.0
68.94.1
80.32.4
147.1r72. 5.1150
1.03.4
41.365.4
167.4164.4
138.088.6
107.288.5
232.2
46.018.4
182.5
1.72.1
129.4118.7
492560
2,641
50. 0040. 2560.0041.90
3.9
13. 4013. 70
5.0
325. 481. 930 8
67 8
153.1
237. 6
1, 967
148.0
154.8
247.3334.9
31,721.93620.7
80.0
160
157
13.82.4
66.84.0
66.72.4
162.472.9
.1150
.93.0
31.664.1
142.2139. 3
••161.6' 95. 4
111.889.9
••201.2
324. 6
1.23.9
110.2111.2
568524
2, 368
r 46. 60r 37. 45r 39. 45r 28. 95
>• 4 .0
' 14. 00r 12. 50
r 5. 0
220.4
234. 1
2,120
115.1
125.0
236.8264.2
1. 134. 2336. 4
61.9
119
12.41.7
1.6
167. 9
"."IIso"
1.32.7
50.162.2
182.0178.4
271.2147.8
134. 5105. 2226. 1
161.2
1.21.6
517420
2.681
38.8533. 4039. 5529.70
4.1
11.7511.00
5. 1
- 21. ,)
-1 24. 9
129.9
80.9
301. 5348.7
1,253.8r 500. 7
81.6
168.9
.1150
~
32,105.83 736. 6
r Revised. 1 Quarterly average. 2 Data are for month shown.3 Data cover 5 weeks.cf Includes data for built-in gas fired oven-broiler units; shipments of cooking tops, not
included in figures above, totaled 26,300 and 31,500 units in July and Aug. 1962, respectively.tRevisions for gas heating stoves (Jan.-June 1960) and warm-air furnaces (Jan.l959-June
I960) are available upon request.©Beginning 1961, excludes new orders for gas-fired unit heaters and duct furnaces; revi-
sions for 1960 are shown in the Apr. 1962 SURVEY. *Revisions available back to 1954.
9 Includes data not shown separately. $Revisions for 1960 appear in the Feb. 1962SURVEY.
©Data exclude sales of combination washer-drier machines; such sales (incl. exports)totaled 4,300 units in Aug. 1962.
§Radio production comprises table, portable, auto, and clock models: television setsexclude figures for color sets. Data for Sept. and Dec. 1961 and Mar., June, and Sept. 1962cover 5 weeks; other months, 4 weeks.
SURVEY OF CURRENT BUSINESS S-35
Unless otherwise stated, statistics through 1960and descrintive notes are shown in the 1961edition of BUSINESS STATISTICS
1960 1961
Monthlyaverage
1961
Aug. Sept. Oct. Nov. Dec.
1962
Jan. Feb. Mar. Apr. May June July Aug. Sept.
PETROLEUM, COAL, AND PRODUCTS
COAL
Anthracite:Production thous. sh. tons.,Stocks in producers' yards, end of mo doExports doPrices:
Retail, stove, composite $ per sh. ton--Wholesale, chestnut, f o.b mine__ do
Bituminous:Production thous sh. tonsIndustrial consumption and retail deliveries,
total 9 _ thous. sh. tons..Electric power utilities _ . doMfg and mining industries, total do
Coke plants (oven and beehive) do
Retail deliveries to other consumers do
Stocks, industrial and retail dealers', end ofmonth, total 9-- thous. sh. tons..
Electric power utilities _ doMfg and mining industries, total do
Oven-coke plants do
He tail dealers „_ do
Exports _ _doPrices:
Retail, composite $per sh. ton..Wholesale:
Screenings, indust. use, f.o.b. mine doDomestic, large sizes, f.o.b. mine do
COKEProduction:
Beehive - - thous. sh. tonsOven (byproduct) doPetroleum coke§ _ -do
Stocks, end of month:Oven-coke plants, total _ do
At furnace plants do\t merchant plants __ do
Petroleum coke doExports - - - do
PETROLEUM AND PRODUCTS
Crude petroleum:Oil wells completed number..Price at wells (Okla. -Kansas) $ per bbl__Runs to stills _ _ _ mil. bbl._Refinery operating ratio % of capacity--
All oils, supply, demand, and stocks:}:New supply, total mil. bbl._
Production:Crude petroleum _ _ d oNatural-gas liquids, benzol, etc. do
Imports:Crude petroleum doRefined products do
Change in stocks, all oils (decrease, — ) do
Demand, total doExports:
Crude petroleum. ._ _ _ d oRefined products do
Domestic demand, total 9 _ _ d oGasoline doKerosene do
Distillate fuel oil doResidual fuel oil doJet fuel -do
Lubricants doAsphalt doLiquefied gases do
Stocks, end of month, total^ doCrude petroleum..- doNatural-gas liquids doRefined products^.— ..do
Refined petroleum products: tGasoline (incl. aviation):
Production doExports doStocks, end of month:
Finished gasoline doUnfinished gasoline do.. .
Prices (excl. aviation):Wholesale, ref. (Okla., group 3) $ per gal..Retail (regular grade, excl. taxes), 55 cities
(1st of following mo.) $ per gal..
1,568315120
27.6713. 948
34, 626
31, 70214, 49014, 42526,751
2,534
72, 33348, 24423, 21 611,287
693
3,045
17.06
5.1647.690
844,6851,000
M, 1526 2, 947
1,2051,159
29
1,8742.97
246.083
298.3
214.628.4
31.024.4
-2. 5
300.8
.35.9
294.6126. 0
11.0
57.246.6
8.6
3.68.7
18.9
790.2248.028.4
513. 9
126.91.1
188.912.7
.116
. 210
i 1, 454198129
28.1413. 347
133,581
131,20014, 969113,856i 6, 157
2,311
69,12647,61820,9709,680
538
2, 915
17.12
3 5. 0187.541
3 735 4, 236
1,256
4,3983,0301,3691, 064
37
1,8212.97
248. 982
305. 9
218.529.9
31.825.73.4
302.5
.35.0
297. 2127.7
11.9
.57.845.08.7
3.59.0
19.3r * 814. 3
249.435.9
? 529. 0
127.6.7
189.513.3
.117
.205
1, 533253142
27.7612. 460
37, 847
30, 62315, 33613, 466
6,503
1,710
69, 65348. 45220, 2768,936
625
3, 914
16. 91
5.0167.367
844 4661,342
4,3012,8911,4111,112
41
1,8242.97
262.185
302.7
220.229.6
34.018.83.3
299.3
.35.4
293. 6140.410.1
40.838.49.7
3.716.218.0
841.6248.142.8
550.7
136.5.8
178.513.1
.115
.206
1,394293151
27.8912 950
35 409
30, 63314, 79713, 559
6,625
2,173
70, 69749 37120, 7109,135
616
3,780
17.04
5.0167.470
734 5581,183
4 1012 7721 3291 095
59
1,6762.97
239 380
292 7
209 828.0
33 121 812.0
280 7
.14.4
276.2130. 1
9. 5
41.236. 510.2
3.513. 516.9
853.6251.0
44.4558.2
123.3.9
173.311.7
.105
.199
1,603297141
28.2413, 370
39, 287
33, 36715,35215, 0527,069
2,860
72, 61250, 26821,7149,813
630
3,716
17.29
5.0167.590
814 8641,292
4,0352 7641,2711,081
35
1,8592.97
253.582
308.2
220.930.4
33. 623.312.6
295.7
.25.2
290.3128.812.1
48.043.08.4
3.812.719.5
866.2251.1
44.2570.9
130.6.6
173.913.1
.095
.201
1,501276224
28.2413 370
37 078
34, 01815, 73415, 396
6,989
2,789
73, 85150 42122, 80810, 454
622
3,202
17.33
5.0137. 690
754 8221, 270
4 0^42 7961 2281 068
99
2 0312.97
246. 182
302.2
214. 631.0
30 126.5
-12.9
315 0
.45.0
309. 6128.413.8
64.148.38.4
3.57.6
21.7
853.3248.741.7
563. 0
128.2.9
174.012.8
.105
.205
1,376233200
28.9013 930
35 044
37. 29017 00716, 619
7,391
3,645
71,41848 60922, 28310, 393
526
2,565
17.33
5.0137.690
785 0911 334
4 039
2 8201 2121 063
45
1 9562.97
258 984
319 2
226 632.4
29 231 028.3
347 5
.34.7
342. 6125. 8
17 8
87.755.08.6
3.13 9
26. 5
825. 1244.737.1
543.3
134 9.3
184.211.7
.115
.204
1,806193192
29.0813 930
37 620
39, 43717, 72317, 1207,641
4, 593
66, 94045, 29821, 1849,779
458
1,900
17.45
5.0167.717
1005 274l', 319
3 8602 67°1 1811,062
1, 9262.97
265. 386
335. 2
227. 831.9
36 339.3
-37.1
372. 3
.14.7
367. 5121.421. 1
101. 163.99.5
3.53.4
29. 6
788. 0242. 429.9
515. 7
132. 8.4
195.6(9)
.110
.204
1,51915998
29 1013 930
32 970
34, 47515 44315 4907,046
3, 541
64, 52343 59620. 5219,408
406
2,421
17. 45
5.0187.717
924 8681^218
3 7612 6141 1471 053
16
1,5532.97
242 086
297 8
209 129.2
31 627 9
— 13. 1
310 9
.15.0
305. 8109.216 0
82.450 47.3
3.53 6
20.8
774.9240.2
30 0504.7
118 94
205 7
.098
.198
1,509149178
29.1013 930
36 170
35, 77516 17216 431
7,697
3,169
63, 22242 19420 7269,405
302
2, 426
17.45
5.0187 700
945 1551 338
3 6372 5011 1361 071
22
1 5462.97
254 082
326 3
228 732.0
31 833.9
— 10.8
337 0
. 24. r>
332. 2130.4
15 0
75.655.69.6
3.64.8
22.7
764. 1245. 630.2
488.2
129.9.1
206.0
.090
. 198
1,25415653
28 8811 998
34 100
30 88914 13714 9197,194
1,794
64, 18543 17120 7189 431
296
2,854
17.43
4 4. 9324 7 329
764 9281 170
3 6512 5071 1441 031
39
1 5272.97
243 081
311 °
221 730 3
32 °26 <)19 8
°91 5
14.9
286 4129 5
10 6
53 740 58.9
3 86 9
18.4
783.9255.932 8
495.2
123 66
200 4
.115
. 195
1,315193119
28.1411 998
36 720
29, 85215 13413, 8286,437
798
66, 40244 96521 0399,666
398
3,788
16.97
4.9327 164
574 4531 337
3 7749 (]2S1 1501 014
98
2 1262.97
256 383
312 6
223 030.4
34 225 114.6
998 0
.35.2
292. 5140. 7
9 0
44.638.610.0
4.011 217.8
798. 4255.735.3
507. 4
131 9.3
192.4
.115
.198
1, 336217159
27 7511 998
37 390
28 44414 98712 5715, 479
796
69, 32746 78222 07910 355
466
3, 530
16.89
4.9147 179
533 788l'392
3 8322 6971 1351 012
31
1 73'?2.97
258 88f>
305 4
917 729 1
33 894 714 1
291 3
(')4.8
286 5140 4
9 2
40 034 510 4
3 713 817 5
812.5247 737 3
527 4
132 76
185 5
.120
198
904195195
28 00r!2 488
r 29 040
27 94115 33211 5805,141
947
66, 09745 153?0 4668 255
477
3, 087
10. 95
4.914T 7 271
423 5521 339
r 3 978r 2 838
1 1411 048
34
1 7112.97
264 486
313 7
224 031 0
35 992 817 6
990 '7
25.0
291 0142 5
10 9
40 633 78 7
3 614 919 0
830. 1242 439 1
548 6
139 76
183 1
.120
202
1, 325
301
28 09PJ2 488
39 015
4, 165
16.99
P4.914*>7 309
493 692
4 0652 9711 094
66
2.97
p. 120
216
1 , 190
34 055
r Revised. *> Preliminary.1 Revisions for .Tan.-June 1961 will be shown later.2 Revisions for Jan.-Sept. 1960 appear in the Dec. 1961 SURVEY.3 Monthly average based on Apr.-Dec. data.4 Data beginning April 1962 are not entirely comparable with earlier data; March 1962
prices comparable with later data: Screenings, $4.932; domestic, $7.882.5 Revisions for Jan.-May 1961 will be shown later.
r> Revisions for Jan.-Aug. 1960 appear in the Nov.1961 SURVEY. 1 Less than 50,000 bbls.s See note marked "1".
9 Beginning January 1962, data for unfinished gasoline are no longer shown separatelybut are included with unfinished oils.
9 Includes data not shown separately.§Includes nonmarketable catalyst coke.I Minor revisions for Jan. 1959-Nov. 1960 for various items will be shown later.1 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 in-dividual stocks the following amounts (thous. bbls.): Jet fuel held by pipeline companies,414; bulk terminal stocks—lubricants, 2,429; asphalt, 2,849; miscellaneous oils, 131.
S-36 SUEVEY OF CURRENT BUSINESS October 1002
Unless otherwise stated, statistics through 1960and descriptive notes are shown in the 1961edition of BUSINESS STATISTICS
1960 1961
Monthlyaverage
1961
Aug. Sept. Oct. Nov. Dec.
1962
Jan. Feb. Mar. Apr. May June July Aug. Sepr.
PETROLEUM, COAL, AND PRODUCTS—Continued
PETROLEUM AND PRODUCTS— Continued
Refined petroleum products— Continued}Aviation gasoline:
Production mil. bblExports - do_.Stocks, end of month _ _ d o _ _.
Kerosene:Production _ . d oStocks end of month doPrice, wholesale, bulk lots (N.Y. Harbor)
$ per gaL .Distillate fuel oil:
Production mil. bbLImports - -- doExports doStocks end of month _ doPrice, wholesale (N.Y. Harbor, No. 2 fuel)
$ per gal._Residual fuel oil:
Production mil. bblImports - doExports _ _ - doStocks, end of month __ _ doPrice, wholesale (Okla., No. 6) $ per bbL.
Jet fuel (military grade only) :Production _ mil. bbl_.Stocks, end of month do
Lubricants:Production _ _ d oExports - - doStocks end of month _ _ _ d o _ _ _Price, wholesale, bright stock (midcontinent,
f.o.b., Tulsa) $per gal..Asphalt:
Production mil. bbL.Stocks end of month do __
Liquefied petroleum gases:Production _ _ _ doTransfers from gasoline plants _ do _Stocks (at plants, terminals, underground, and
at refineries) end of mo mil. bbL
Asphalt and tar products, shipments-Asphalt roofing, total thous. squares--
Roll roofin0 ' and cap sheet doShin°les, all types __ .. _ _ do .
\sphalt siding doInsulated sidiri0' do_Saturated felts thous. sh. tons__
9.5.8
13.5
11.328.7
.104
55. 61.1.8
127.9
.094
27.719.41.5
45.11.69
7.46.6
4.91.39.4
.257
8.212.8
6.512.7
24.2
4,9971 8133, 184
739482
9.7.6
11.7
11.831.0
i . 109
58.01.3.6
127.6
1 .099
26.319.61.2
45.81.58
7.927 .6
4.91.4
2 12.7
.260
8.5216.0
6.613.1
34.4
5,1311, 7783, 352
718577
10 8.6
10.8
11.333.9
.108
61.21.1.4
150.9
.098
25.212.81.4
48.81.45
8.98.5
5.11.7
12.6
.260
11.914.1
6.411.8
42.3
0. 0282. 3614. 267
8712592
9 9. 7
10.6
11.335.9
.108
54. 61.4.3
165.4
.098
23 914.8
.950.31.45
8.07.9
4.51.2
12.4
.260
10.912.1
5.911.3
43.7
6.8132. 3894. 423
9210598
9 95
11.3
13.137 3
.108
59 91.2
7177.9
.098
25 117.41.2
49.01.45
7.57.7
5.11.4
12 3
.260
10.510.5
6.313.6
44.0
7. 0722 4504 022
103112104
9 1.8
11.1
12.436 2
.108
59.51.4.6
174.2
.098
25 721.01.0
46.71.45
8.27.8
5.01.5
12.3
.260
7.610.9
6.615.6
41.9
4, 4351 5582. 870
827073
10 0.2
11.6
13.632 4
.113
63.72.4
152. 0
.103
30 024.11.3
44.91.55
8.58.3
4.91.2
12 9
.260
5.813.0
7.119.2
36.4
3.3101 2192. 092
tj9
4303
9 23
10.9
14.526 4
.113
68 42.3
8121. 0
.103
30 431 01.2
41.61.55
7.68.1
5 01.3
13 1
.260
4 814.7
6.522 4
28 2
5,1191 7713,348
753297
9 23
11.3
14.725 3
.113
61.2.6.7
100.0
.103
26 529 91.6
39.51.65
7.18.1
4.7.9
13 4
.260
5. 116. 6
6.014 6
27 7
2, 531903
1 , 028
303848
9 91
11.2
12. 723 3
.110
62 1
986 5
.100
26 927 51.4
37.11.65
8.68.3
5 01.2
13 6
.260
7 019.0
0. 715 8
27 7
5,8141 5844 "9
69
5978
9 74
10.6
11. 124 2
.104
54 31.5
88 3
.094
22 920 41.0
39.31.65
8 68.5
5 31 8
13 3
.260
8 520 8
6 312 5
30 4
4. 3961 041
507983
11 12
10.3
11.427 3
.104
57 51 5
4102 3
.091
23 318 21 5
41.01.55
9 28.3
5 01 7
12 7
.260
11 321 3
6 712 0
33 5
5, 1811 0853 316
5810287
10 85
10.6
11 530 1
.099
58 51 0
3121 5
.086
99 9
16 88
44.9.155
9 08.2
r 5 I
1 5I9 5
.260
11 719 9
6 511 7
35 8
6. 2502 1404 110
019994
10 35
10.2
13 233 2
.099
59 3.74
140 6
.086
23 217 01 0
50.7.155
8 48.1
5 31 6
12 5
.260
12 718 4
6 712 6
37 6
r 6. 289r 9 9A9T 4 027
0899
^89
T .099
p. 086
1.55
p . 200
0. 9079 5<)44 403
8311697 ;
PULP, PAPER, AND PAPER PRODUCTS
PULPWOOD AND WASTE PAPER
Pulpwood:Receipts thous. cords (128 cu. f t . ) _ _Consumption doStocks, end of month do
Wasto paper:Consumption thous. sh. tons__Stocks, end of month do
WOOD PULPProduction:
Total, all grades thous. sh. tcns__Dissolving and special alpha doSulfate doSulfite - c lo___
Groundwood doDefibrated or exploded __ __ _ doSoda, semichem., screenings, etc ._ -do.. -
Stocks, end of month:Total, all mills _. do
Pulp mills -doPaper and board mills _ _ do _ _ _Nonpaper mills - - -do
Exports all grades, total doDissolving and special alpha do-. _All other do
Imports, all grades, total _ .__ __ _ __ _ _ d o _ .Dissolving and special alpha doAll other _ _ do ._
PAPER AND PAPER PRODUCTS
All paper and board mills, production:Paper and board, total thous. sh. tons..
Paper - -- doPanerboard _._ _ _ _ _ do._Wet-machine board doConstruction paper and board - do _ .
3, 4483, 3745,483
753550
2, 11095
1,216215
274100209
902299529
74
953461
19815
184
2,8701,2831,306
15266
3,3813, 4335, 769
751517
2,210100
1 285214
267102242
89932650964
983602
20013
192
2, 9051,3121,370
13270
3, 8993, 0235, 655
825501
2, 30597
1 347217
278120245
917332509
77
1173978
22412
212
3, 1771, 3621, 485
11319
3, 5463.4305, 772
790479
2,15882
1 288195
254108230
87831550658
792653
19816
183
3,0121,2931,429
11280
3. 8553 8515,820
816498
2,415118
1 414230
282116256
87931750655
943856
22517
207
3,2901 4461, 528
10305
3,4983 7315, 521
770509
2,363106
1 402226
274105251
87930550965
954353
23114
217
3,1271 3551 493
11268
3. 2583 3795, 495
710562
2,093100
1 201206
25789
234
86729250668
984058
21012
198
2,8^31 3051 303
11224
3, 5733 6775,270
780494
2,273113
1 339222
27499
226
836280491
64
853451
21916
203
3,1391 395l' 476
12257
3, 7933 5785, 522
729481
2,234102
1 334212
27593
218
83728448866
994752
23818
220
3, 0131 3961 431
11245
3, 8303 8345, 493
795479
2,410119
1 41399Q
989110960
882993511
72
833951
23325
208
3, 2771 4411 546
12277
3, 3533 6895, 116
760496
2, 345105
1 308221
110205
87229550473
873849
93428
207
3,1391 3961 458
11274
3. 0943 8944.915
111493
2,404111
1 447293
295110272
89832449975
1134567
2312i
210
3,2781 4401 534
12293
3. 6973 37*34. 852
702494
2,368106
1 390215
288H9
258
904329500
75
1063572
24123
218
3. 1801 3701 514
I9
284
r 3. 503r 3 344r 5. 002
r 672r 5Q7
r 2,11886
r 1 242193
260101237
881297
T 51173
963858
20923
186
2,838T i 216r i 342
272
4, 1903 8075, 328
778493
2, 409110
1 452226
295113273
916321522
74
1014952
24223
219
3, 2841 3961 569
j j308
r Revised. p Preliminary.1 Prices beginning Jan. 1961 not strictly comparable with earlier data.
2 See note marked" y*' on p. S-35.JSee similar note on p. S-35.
October 1962 SUBVEY OF CURRENT BUSINESS S-37
Unless otherwise stated, statistics through 1960and descriptive notes are shown in the 1961edition of BUSINESS STATISTICS
1960 1961
Monthlyaverage
1961
Aug. Sept. Oct. Nov. Dec.
1962
Jan. Feb. Mar. Apr. May June July Aug. Sept.
PULP, PAPER, AND PAPER PRODUCTS—Continued
PAPER AND PAPER PRODUCTS— Con.
Paper, exc. building paper, newsprint, and paper-board (American Paper and Pulp Assoc.):
Orders new 9 1 thous sli tonsOrders, unfilled, end of month 9 t do
Productiont doShipments9t . _do
Fine paper:Orders, new _ _ doOrders unfilled, end of month do
Production doShipments do _
Printing paper:Orders, new _ doOrders, unfilled, end of month.. __do
Production .__ doShipments doPrice, wholesale, book paper, "A" grade, English
finish white, f o b mill $ per 100 IbCourse paper:
Orders new thous sh. tonsOrders, unfilled, end of month . __ do
Production doShipments do. _
Newsprint:Canada (incl. Newfoundland):
Production doShipments from mills doStocks at mills, end of month do
United States:Production doShipments from mills _ _ doStocks at mills, end of month __ do
Consumption by publisherscf doStocks at and in transit to publishers, end of
m on the? thous. sh. tons..
Imports - __doPrice, rolls, contract, delivered to principal ports
$ per sh. ton__
Paperboard (National Paperboard Assoc.) :Orders, new thous. sh. tons..Orders unfilled end of month _ doProduction total do
Percent of activityPaper products:
Shipping containers, corrugated and solid fiber,shipmentsf mil sq ft surf, area
Folding paper boxes, shipments, index of physicalvolume - - --. 1947-49=100..
926682
1,118922
14479
148145
398396
389391
16.85
324161
333325
562563209
17016934
461
634
451
134. 40
1,321427
1,32689
9,078
124.0
r 959653
r 1, 141'941
r 157
84
' 160r 156
••402368
'389r 388
16 95
334154
'•SSI330
561559225
<174*174MO
455
620
455
134. 40
1,400461
1,39491
9,563
124.0
971648
1,172959
15688
160156
408352
404402
16.95
340158
338335
585609225
18818249
417
671
465
134.40
1,559521
1,52395
11,215
135.0
945661
1,134940
14874
162154
398362
398397
16 95
335170
319322
548555217
16417340
451
664
449
134. 40
1,487571
1,44392
10, 576
130.0
1 064691
1,2641,024
15976
167158
445376
427426
16.95
382184
368368
596590224
18317944
512
623
461
134.40
1,517522
1,54098
10, 660
135.8
978639
1,180974
15775
166158
400338
401404
16.95
348176
349347
594619199
17818537
499
612
507
134. 40
1,450485
1, 49295
10, 006
128.0
948644
1,144958
14969
164155
416360
397400
16.95
320161
329337
528560167
16316733
473
584
456
134. 40
1,354445
1,37182
9,000
123.1
1 , 061697
1,215988
16891
162165
440355
422422
2 16. 53
373193
346333
554498223
18517543
434
585
446
134. 40
1,381473
1,35491
9, 523
118. 5
967722
1, 158953
16097
159153
428397
402402
16.61
314175
335332
515469268
16917042
415
586
394
134. 40
1,401483
1,38996
9,036
115.5
1 079729
1,2631,054
181101
175178
478415
449449
16 71
347160
354351
578532315
18718643
481
587
439
134. 40
1, 588466
1 60397
11 145
127.5
991711
1,2271,001
164'97
171165
429409
423423
3 16 44
324149
342337
525543296
17318036
487
550
426
134. 40
1, 432468
1,43294
9, 463
118.9
1,022'667
' 1, 2601,039
163T 85
r 174' 164
'435385
440440
16 50
T 34Q139
362354
574601269
19018739
499
547
484
134. 40
1, 563460
1 58395
10 442
' 129. 6
'962'631
r 1, 178'973
' 166r 85
r 169r 162
'401'352r 414'414
16 50r 320r 137
'324r 316
566573261
18818244
457
557
499
134. 40
1, 530451
1 53997
10 362
125.7
i 854i 622
18181819
15496
143147
390376
365365
16 50
310150
310307
527529260
16516940
423
587
453
134. 40
1,356496
1 28180
9 207
116.2
•p 16. 50
568575252
18818247
442
621
459
v 134. 40
1,594476
1 60898
11 421
v 134. 9
1,433486
1 40992
10,300
RUBBER AND RUBBER PRODUCTS
RUBBERNatural rubber:
Consumption thous. Ig. tons__Stocks, end of month _ doImports, incl. latex and guayule _ ._ _ _ ._doPrice, wholesale, smoked sheets (N.Y.).__$ perlb__
Synthetic rubber:0Production thous. Ig. tons..Consumption _ doStocks, end of month doExports _ __ do._
Reclaimed rubber:Production doConsumption doStocks, end of month do
TIRES AND TUBES
Pneumatic casings:Production thous__
Shipments, total doOriginal equipment doReplacement equipment doExport do
Stocks, end of month doExports (Bur. of Census) _ do
Inner tubes:Production doShipments doStocks, end of month _ _ _ doExports (Bur. of Census) do. _
39.9278.4834.23.385
119. 7089. 94
232. 5228.74
24.4023.0432.02
9,987
9,9753,3506,482
143
26, 558117
3 4153 399
10, 34«107
35.6168.6532.59
.296
117.0091.85
245.5524. 75
21.9920.8632.15
9,728
9 8592 8386,908
114
26, 12881
3 1°43 289
9 14666
37.9766. 9732.59.300
114. 9498.61
239. 8427.87
22.5020.9233.04
10, 345
10 2691,9288,215
126
24, 12779
3 2113 1928,700
58
37.1263.8129.29.305
116.6194.90
240. 8722.90
20.6820.6231.83
9,893
9 9882,6207,239
130
24, 09691
3 0812 8568,890
64
40.1962.3840.65.295
133. 79106.51242. 9424.72
23.2422.5631.69
11, 150
11 1093 4297,518
162
24, 19585
3 5603 4359, 096
76
38.3163.0736. 71
.274
129. 62100.83
244. 8924.42
22.3421.1230.03
10, 329
9,7393,8415,789
109
24, 91666
3,2322,9039,458
54
36.4068.0839.07
.278
138.4997.58
256.2427.92
21.6120.1730.83
10, 483
9 1763 6895, 349
139
26, 36776
3 0029 8889 784
61
40.4769.7441.46.280
127. 93107. 07247. 9922.05
25 1423.2130. 54
11,501
10 9773,5347,333
110
26, 80073
3 6915 3678,062
81
36.1869. 5932.78.283
127. 1795 85
255. 0224.43
22 3021 0130.27
10, 369
9 0363 2275 680
129
28, 10964
3 6053 6798 131
50
39.6369.5229.97.286
138. 52103. 89261.8427.99
24 3822.6430.89
11,278
10 9153 6577, 149
109
28, 52386
4 0093 5828 714
109
37.4768.5133.20.289
130. 25100 27261.8825.80
23 1722 2430.85
10, 906
11 5653 7357 717
113
27, 83875
3 4133 2408 794
83
40. 4564.9837.84.298
131.95109 72259. 1821.90
24 1022 8728. 59
11,712
12 0843*9588 002
123
27, 50686
3 4973' 2239 075
69
39.4062. 5028.69.283
124. 611 07. 76254. 6226.38
25 2223.3429.66
11, 959
11 8733 4068 357
110
27, 62791
3 2773 3939 066
96
33. 5069. 7537. 09' .273
125. 1190 76
263. 9424 77
19 7618 8329.29
10,411
11 9413 3368 492
113
26 03199
3 1163' 2808 907
86
37. 2368. 7535.40.274
126. 80103 02256. 9029.38
22 7821.0128.67
10,722
10 2021 5318,531
140
26 533103
3 0263' 2lf)8 772
80
.274
' Revised. *> Preliminary. l Data for indicated items exclude esti-mates for tissue and special industrial paper. 2 Beginning Jan. 1962, on revised basis(cash discount deducted); not comparable with earlier data. Jan. 1962 price on old basis,$16.95. 3 Not entirely comparable with data prior to month noted. * Includes Alaskaand Hawaii beginning July 1961.
9 Data exclude estimates for "tissue paper." { Revisions will be shown later as fol-
lows: Paper, exeL bldg. paper, etc., Jan.-Dec. 1900; shipping- containers, Jan, 1959-Mar.1961. c" As reported by publishers accounting for about 75 percent of total newsprintconsumption in 1961. Alaska and Hawaii are represented beginning Jan. 1961.
© Revised effective with the June 1962 SURVEY to include data for stereo and other elas-tomers (except polyurethane rubbers) as follows: Production and consumption, beginningJan. 1961; stocks, beginning Dec. 1960.
S-38 SURVEY OF CURRENT BUSINESS October KM;;L!
Unless otherwise stated, statistics through I960and descriptive notes are shown in the 1961edition of BUSINESS STATISTICS
1960 I 1961
Monthly
1961
Aug. Sept. Oct. Nov. Dec.
1962
1 1 ''Jan. 1 Feb. | Mar. 1 Apr.
1 i 1Mav June Julv Au2. i Sept.
STONE, CLAY. AND GLASS PRODUCTS
PORTLAND CEMENT
Production, finished cement thous. b b l _ _Percent of capacity
Shipments finished cement thous bblStocks, end of month:
Finished doClinker do
CLAY CONSTRUCTION PRODUCTS
Shipments: }Prick, unglazed (common and face)
mil. standard brick _ _Structural tile, except facing thous. sh . tons.-Sewer pipe and fittings vitrified doFacing tile (hollow), glazed and unglazed
mil. brick equivalent. _Floor and wall tile and accessories, glazed and un-
glnzed mil. so. ftPrice index, brick (common), f.o.b. plant or N.Y.
dock 1957-59 = 100
GLASS AND GLASS PRODUCTS
Flat glass, mfrs.' shipments (qtrly. total and qtrly.
Sheet (window) glass, shipments do
Glass containers: JProduction thous. gross..
Shipments, domestic, total doGeneral-use food:
Narrow neck food doWide-mouth food (incl. packers' tumblers,
jelly glasses, and fruit jars) thous. gross--
Beverage _ _ _ doBeer bottles do
Medicinal and toilet doChemical, household and industrial doDairy products - _ _ _ do
Stocks, end of month _ do_
GYPSUM AND PRODUCTS
Crude gypsum, qtrly. avg. or total:Imports thous sh tonsProduction do
Calcined, production, qtrly. avg. or total do
Gypsum products sold or used, qtrly. avg. or total:Tin calcined uses thous sh tonsIndustrial uses doBuilding uses:
Plasters:
A l l t i p (~ o\ "R'ppnp's ppmpnt') do
Lath mil sq ftWallboard doAll other§ do
20, 588
20, 244
85. 5124)5 53'>
541.840.7
154.5
33. 9
19.4
103.5
«7(),482«26,61943. 803
13, 358
12, 890
1,409
3,098
9581,3701,243
2,9011,095
151
20, 705
1,326"2.450
2,148
' « 93071
299299
477.61,458.6
59.4
20, 95074
20,889
35, 879r 25, 020
535. 039. 7
145.8
35. 3
19.0
103.8
05. 11327. 74337, 370
13, 957
13. 033
1.492
3,904
1,0071,8071,289
2,9851,007
142
21,582
1,242' 2. 370
2, 002
r98105
'256' 204
411.01 , 483. 9' 50. 0
33, 20289
37, 370
33, 70821.958
004. 941.0
182. 5
40.0
22.0
103.9
16,482
1 7. 802
2. 515
5, 450
1, 0522,1131,444
3, 8911,201
190
21, 700
31, 47487
33, 408
31, 78518.704
591. 537. 9
107.2
35.5
20. 0
104.2
07 70930, 03137 07S
13. 701
13, 713
2,341
4.153
7501, 5151,257
2, 042892163
21.415
1.4222, 005
2,282
1.17905
281303
406. 91,651.4
63 8
32. 34887
35, 681
28. 43710.204
047. 443.0
170.5
39.0
20.8
104. 1
14,717
13. 747
1.421
4,284
7761 , 4641,656
2.9871.009
150
22. 054
27,025
25, 092
30. 38210.913
550. 189. 1
134! 8
37. 3
20. 0
104. 1
12, 709
12.840
1. 190
3,920
8141,3801,390
3.151845144
21 . 700
23, 39303
17,485
30, 34319.531
387. 4
98' 1
28.8
10. 5
104.1
71. 8403 1.80340. 037
11.949
12 225
1,010
3. 050
1,1311,5121,173
2.854734149
21.157
1,2402, 404
2, 055
1, 04965
240250
380. 61, 528. 5
54.0
17.05140
1 3, 009
39, 79224. 758
319.028.481.6
26. 5
17.8
104.2
13. 482
12. 023
1,103
3,859
7451,4921,104
3,219842139
21,789
15. 30945
14, 477
40, 02628, 950
358. 4
87. 0
23. 2
17.7
104.9
13, 103
11,905
1, 173
3, 559
8591,3541, 122
2, 904704110
22, 779
20. 45454
21 . 209
39,81732. 891
503. 531.3
29.1
20.8
105. 1
74. 05b32. 14442 514
14.480
13.975
1.396
3. 886
1.1691,9391.377
3.277811120
23. 066
1.0192. 038
1.910
04307
226'?07
335. 51.395. 1
46.2
28,089
27. 990
39, 95832. 767
049. 935.2
159.3
34.9
20.3
105. 1
14.010
1 3. 452
1.251
3. 492
1 , 5082.0711.196
2. 966796112
23. 256
33,71988
33. 677r 40. 07630. 031
725. 839.0
175.8
36.5
22.6
104.9
1 5. 209
1 5, 090
1,256
4.126
1, 7072, 6511, 261
3,097869123
23. 205
32, 30488
33. 625r 38. 08427. 942
<• 008. 730. 1
172.5
35. 5
'22.0
104. 9
04 35426. 01337,741
15,978
15. 535
1,487
4,139
1,7172.9291,284
3,035826118
23. 392
1,3649 609
2 312
1 13268
273•>71
426 41 736.4
67.1
33, 38880
35,011
30. 40125.189
077. 039. 2
170. 0
37.4
21.0
104. 9
15,753
14,113
1,606
3, 968
1,3892. 705
991
2,618724112
24, 656
30. 13293
40. 009
31,91020. 480
.
104.9
10,327
17.312
3.082
5. 035
1. 1042.3911.290
3, 357879108
23, 394
TEXTILE PRODUCTS
APPAREL
Hosiery, shipments thous. doz. pairs.-Men's apparel, cuttings: Icf
Tailored garments:Suits -- thous unitsOvercoats and topcoats do
Coats (separate), dress and sport . _ do__ _Trousers (separate), dress and sport. do
Shirts (woven fabrics), dress and sport-thous. doz_Work clothing:
Dungarees and waistband overalls doShirts . do -
Women's, misses', juniors' outerwear, cuttings:cf ACoats thous unitsDresses doSuits do
Waists, blouses, and shirts thous. doz..Skirts do....
12,600
1,786435
8418,2621,942
231304
1,95220,888
809
1,288712
14.008
1.597375
9577,4651,872
284301
2,02921,192
820
1.340708
17.441
1, 788670
9048, 9002,012
340324
2,83521, 7591,035
1.335854
14.028
i 1,5851 470
i 820i 7,615i 1,935
13201 330
2,15517,642
582
1,215612
16,114
1,744360
1,0767, 9362,020
320320
2,57621.448
660
1.413712
15,618
' 1,8351 345
i 1, 160i 7, 4451 2, 285
13101 350
2,46720, 922
768
1,321654
12,267
1.696244
1,1127,0161, 984
264288
1,65816,848
682
1. 003412
14, 678
i 1, 880i 200
i 1,335i 8, 1601 2. 155
* 3051295
r 2, 009' 20, 096'1,098
' 1, 297--583
13. 958
1.726214
1,1158.5142, 137
295325
' 2, 437'21,482' 1,140r 1,508' 661
14.952
1.881281
1,2659, 8492. 258
308324
' 2, 566' 26, 654' 1.109
' 1.656-•740
13, 124
1.873370
1. 2348,8242. 042
308338
' 1,275' 26, 143
'673
' 1.557r 757
14.310
1,796470
1,2149,3122.245
332331
' 1, 223'27,130
' 583
'1,566'905
14, 680
1,649500
1,1879.0752,003
315326
' 2, 064'20,800
'815
'1,237'780
12,428
1.900354
7607, 5591,563
303256
2,27417, 950
726
1,226804
17. 230
r Revised. i Data cover a 5-week period.a Revisions for 1900 are shown in the Apr. 1902 SURVEY.^Revisions for Jan.-Mar. and Apr.-June 1901 will be shown later.§ Comprises sheathing, formboard, and laminated board.
IData for Sept. and Nov. 1901 and Jan. 1902 cover 5 weeks; other months of 1901cover 4 weeks. Beginning Feb. 1902, the data are calendar-month totals.
cf Revisions for Jan. 1959-Aug. 1960 are available upon request.AData beginning Jan. 1962 are based on revised sample panel. For coats, blouses, and
skirts, the revised figures beginning Jan. 1962 are at least 5% higher, when comparing esti-mates for Jan.-June 1962 on the new and old bases.
1!>02 SURVEY OF CURRENT BUSINESS S-39
Unless otherwise stated, statistics through 1960and descriotive notes are shown in the 1961edition of BUSINESS STATISTICS
I960 1961
Monthlyaverage
1961
Aug. Sept. Oct. Nov. Doc.
1962
Jan. Feb. Mar. Apr. M ay Juno July Aug. Sept.
TEXTILE PRODUCTS— Continued
COTTON
Cotton (exclusive ofl intefs):Production:
Ginnings§ thous . running bales. _Crop estimate, equivalent 500-1 b. bales
tlious bales
Consumption^* - doStocks in the United States, end of mo.,
total J doDomestic cotton, total do
On farms and in transit doPublic storage and compresses doConsuming establishments do
Foreign cotton, total do
Exports doImports* _ _ _ do _ _Prices (farm), American upland cents per l b _ _Prices, middling 1", avg. 14 marketscf _ do
Cotton 1 inters:Consumption^ thous balesProduction „ __ _. __. ._ doStocks, end of moj do
COTTON MANUFACTURES
Spindle activity (cotton system spindles) :^tActive spindles, last working day, total thous__
Consuming 100 percent cotton .__ do _Spindle hours operated, all fibers, total mil_.
Average per working day doConsuming 100 percent cotton do
Cotton yarn, natural stock, on cones or tubes:Prices, f.o.b. mill:
20/2 carded weaving $ per Ib36/2 combed knitting do
Cotton cloth:Cotton broadwoven goods over 12" in width:
Production qtrly avg or total mil lin ydOrders, unfilled, end of mo., as compared with
avg weekly production No weeks' prodInventories, end of mo., as compared with avg.
weekly production No weeks' prod
Exportst thous. sq. yd_.Im ports J do
Mill marginsf cents perlb.Prices, wholesale:
Denim, mill finished cents per ydPrint cloth, 39. inch, 68 x 72 _ doSheeting, class B, 40-inch, 48 x 44-48 do
MANMADE FIBERS AND MANUFACTURES
Filament yarn (rayon and acetate) doStaple, incl. tow (rayon) doN^oncellulosic (nylon acrylic protein etc ) doTextile glass fiber (exc. blown glass wool and
pack) mil Ib
Exports:Yarns and monofilaments* thous IbStaple, tow, and tops do
Imports:Yarns and monofilaments} doStaple, tow, a n d tops* _ _ _ _ d o
Stocks, producers', end of mo.:Filament yarn (rayon and acetate) mil. lb_.Staple, incl. tow (rayon) doNoncellulosic fiber* doTextile glass fiber* do
Prices, rayon (viscose):Yarn, filament. 150 denier _.$perlb..Staple, 1.5 denier - do
Manmade fiber broadwoven fabrics:Production qtrly avg ortotalt9 mil lin yd
Ravon and acetate (excl tire fabric) doNylon and chiefly nylon mixtures doPolyester and chiefly polyester blends* do
Exports, piece goods thous. sq. yd._
SILKImports, raw thous IbPrice, raw, A A, 20-22 denier $perlb._Production, fabric, qtrly. avg. or total
thous. lin. yd._
1 14, 2651 14 272
725
14,44714, 3763. 6989 1591, 520
70
62812
30.131.4
113134543
19,26917,59210, 008
4639. 161
665.938
2,341
13.6
4.5
36, 58437, 90S
29.89
38.217.417.2
455 7163 678.5
169 3
44.3
6,6073, 620
3995,128
63.456.1
6 66. 36 15.7
.82
.29
594 2358.678.5
106.2
12, 871
5734.60
6,791
1 14,3251 14, 3 38
711r 13, 442' 13. 368' 3, 815
7,7421,811
74
53314
31.032.2
109130544
19, 03717,3309, 764
4508.887
.647
.926
' 2, 292
11.8
5.5
39, 11721, 208
24.49
38.315.116.3
482 0160 4100.2185. 4
36.0
7,0183,834
5413, 190
56.453. 5
6 70. 96 22. 1
.82
.26
r 596 2r 366. 3'64. 1
r 111.6
11, 557
5575.20
' 5, 732
685
690r 20, 091' 19, 996'13,992
4 2161,788
95
64498
32.633.1
r 105
43385
19, 06517,2709, 550
4788, 658
. 641
.929
12.3
5.2
43, 96722, 219
23.94
38.315.316.3
5,4124,035
5412, 695
59.155. 3
.82
.26
10, 758
7595.44
2, 683
4 847
r 18, 947r 18, 842' 12, 372
4 8701,600
105
32224
32.833.4
4 124105357
19, 10217,344
4 1.1,579463
* 10,525
.660
.934
r 2, 204
12.2
5.0
40, 83317,026
24.62
38.315.316.5
495 0160 7103.1188 8
42 4
6,0763, 250
7772,591
52.351.271.423.5
.82
.26
r 591 8r 372. 9'60.9
r 101. 5
11,614
5245.38
' 5, 518
8, 675
716
r 17, 941r 17, 832' 7, 803
8 4891, 540
109
301
33. 933.6
111221429
19,08917,3139, 685
4848,782
.665
. 941
11.5
4.8
40,51821, 280
24.97
38.315.316.8
7, 4054,552
6634,886
48.643.4
.82
.26
13, 207
5415.25
11,687
*875r 16, 669r 16, 569r 4. 22710 6711, 671
100
4029
33.133. 6
4 130227519
19,01717,205
4 11, 872475
4 10, 753
. 665
. 953
11.2
4.8
39, 72623, 366
24.99
38.315.316. 8
8, 2304,274
7575, 606
45.940.3
.8227
12, 297
7155.24
212,688
664
* 15, 473M5,380' 1, 95811 6641,758
93
331.833. 6
109187559
1 9, 00917, 1818. 875
4448,019
. 665
.958
' 2, 398
11.9
5.0
39, 64834, 281
24.96
38.315.316.8
525 1178 2115.0193. 7
38.2
10, 5743,734
4004,414
47.841. 467.522.0
.82
.26
'638 1' 393. 0'65.0
' 123 6
13,063
8025.08
' 6, 929
313,996
4 868
' 14, 231'14,146' 1, 13611 0791. 931
84
3825
30.433.6
4 129194623
18, 97117, 120
4 11, 661466
4 10, 513
.670
.958
''2,250
10.8
5.0
32, 70148, 690
24. 85
38.315.317.0
8, 5063. 329
6774,910
47.442.8
.82
.27
8 574 18342.1' 8 65. 98118 8
10. 475
3895.08
85,550
717
'13,126'13,046
'57310,4072. 066
81
3965
29. 133.7
105174660
18,99017,1279, 574
4798,615
.670
. 958
'92,317
12.3
4.9
38, 94841.140
24. 94
38.315.117.0
7, 4534.633
6657.715
48.045.4
.82
.27
r9580 6' 9 357. 4' 9 64. 6' 9 102. 7
11,096
6885.22
94,931
730
'12,012'11,940
'4179,3872.136
72
3925
29. 433. 8
111156691
1 8. 97817.1059. 597
4808. 622
.670
. 956
2.425
11.9
4.8
42, 63743,617
25. 09
39. 615. 517.0
576 8188 1123.0217 6
48.1
8.7843,513
5375.715
51.349.563.721. 1
.82
.27
657 7' 394. 1' 75.1
' 128 7
12. 964
5455.42
6,325
4 867
' 10, 849' 10, 785
'3548, 3362. 095
64
3034
31.833. 8
4 125124694
18,98717,107
4 11, 668467
4 10. 535
.670
.941
11.4
4.9
39, 99457, 001
25. 38
40.315.517.0
9,2084.338
5484, 351
51.651.1
.82
.27
12. 661
5245.73
713
' 9, 783' 9. 730
'3047 4461. 980
52
3613
32.733. 9
10685
655
18,80616.9019, 501
4758. 506
.661
.938
11.0
5.0
35, 46234, 497
25. 06
40.315.517.0
8,7214. 406
8595.043
49.848.5
.82
.27
11.890
4215.98
709
' 8, 654' 8, 606
' 1896 6561, 701
48
4251
32.634.1
10458
599
18,81716, 8699,510
4768, 481
.661
.938
2,435
10.1
5.1
39, 27030, 757
24.90
40.315.517.0
589 2175 6119.2238 4
56 0
10, 2403,995
7115,710
47.951.267.628 4
.82
.27
662 4392 375.6
128 8
13, 620
3996.22
6,047
2S7
4 692
7, 85!)7. 808
1906 1001,518
42
4651
32. 634.0
4 84
576
18,76116,773
4 9, 697388
4 8, 621
656' .936
12 2
6 5
34, 55828, 562
25. 10
40.315. 517.0
5 53 45 40. 5
6 5443,024
1 1065, 767
51. 154.5
.82
.27
9,422
4736.20
1, 501
093
21, 30421,18513,3576 5951.233
119
14189
32. 633. 4
10569
524
18, 79816,7319, 432
4728,382
v 656P. 931
9.2
5.4
32, 24730, 960
25. 23
P40.3p 15. 4p 17.0
5 63 25 41.4
11 5494,215
8596, 034
53. 954. 5
v. 82r> 27
10, 577
785p6. 36
4.1)81
< 14 675
33.233. 0
25.70
T Revised. » Preliminary. * Total crop for year. 2 Ginnings to Dec. 13. 3 GinningsFan. 16. 4 Data cover a 5-week period. 5 Data are for month shown. 6 Qtrly. avg.
7 Oct. 1 estimate of 1962 crop. 8 Revision for 1st qtr. 1961. 9 Revision for 2d qtr.I. § Total ginnings to end of month indicated except as noted.1 Data for Sept. and Nov. 1961 and Jan., Apr., and July 1962 cover 5-week periods; other
nlhs. 4 weeks
to I
1961.
months, 4 weeks.
^Scattered revisions for 1959-Apr. 1961 are available upon request.T Revised series. See note in the Sept. 1961 S U R V E Y ; data for Aug. 1957-Juno 1960 p.re
available upon request.9 Includes data not shown separately. *New series; data for 1954-60 are available
months, 4 weeks. cf Beginning Aug. 1962, includes Phoenix, Ariz. (15 markets).
S-40 SURVEY OF CURRENT BUSINESS October 1962
Unless otherwise stated, statistics through 1960and descriptive notes are shown in the 1961edition of BUSINESS STATISTICS
1960 1961
Monthlyaverage
1S61
Aug. Sept. Oct. Nov. Dec.
1962
Jan. Feb. Mar. Apr. May June July Aug. Sept.
TEXTILE PRODUCTS-Continued
WOOL
Wool consumption, mill (clean basis) :]$Apparel class _ _ --thous. lb__Carpet class do
Wool imports, clean content doApparel class clean content do _
Wool prices, raw, clean basis, Boston:Good French combing and staple:
Graded territory, fine $ per lb_..Graded fleece $£ blood do
Australian 64s 70s good topmaking do
WOOL MANUFACTURES
Knitting yarn, worsted, 2/20s-50s/56s, Bradfordsystem wholesale price 1957-59=100
Woolen and worsted woven goods, exc. felts:Production, qtrly. avg. or total thous. lin. yd_
Apparel fabrics total doWomen's and children's do
Prices, wholesale, suitine. f.o.b. mill:Flannel, men's and boy's 1957-59=100..Gabardine women's and children's do
20,35613, 55519, 5978,202
1.1651.0701.166
100.6
71,61470, 18940, 668
96.796.8
21, 90712, 25421, 07910, Oil
1.1841.0321.110
96.7
71,72170,03543,228
93.895.2
22, 43013, 14619, 4428,357
1.2281. 0521. 125
99.2
93.095.2
1 25, 723' 15 02920, 4928 962
1.2301 0751 125
98.0
74,43572,69448,223
94.695.2
21, 70913 87625 0399 690
1.2081 0751 125
96.7
94.695.2
1 26, 491U4 629
17 2199 564
1.2001 0751. 125
96.7
94.695.2
19, 90211 81117 11410 159
1.2001 0751. 125
95.5
69,02666,35340,955
94.695.2
1 25,6091 14,08523, 98216 299
1.2001 0751 125
96.7
94.695.2
22, 74011, 38722, 74715 409
1.2001 0751 125
99.2
94.695.2
23, 52311 15925, 94519 187
1.2001 0751. 125
99.2
75, 46473, 43142, 066
94.695.2
1 27, 8281 12, 21621,01913 846
1.2241 0751. 125
100.5
94.695.2
23, 43411 50120 13313 579
1.2331 0751.135
100.5
94.696.9
23, 06111,93222, 38715 485
1.2451 0751 175
100.5
82, 50580 81348, 362
95.096.9
'23 251i j O 177
16 83411 216
1.2521.0751.175
100.5
95.096.9
22, 15213 23524 43314 849
1.2751 0751 175
100.5
95.096.9
1.2751 0851. 175
TRANSPORTATION EQUIPMENT
AEROSPACE VEHICLESA
Orders new (net) Qtrly avg or total mil $U S Government do __
Prime contract doSales (net), receipts or billings, qtrly. avg. or total
mil. $__U S Government do
Backlog of orders, end of year or qtr. 9 - - doU S Government do
Aircraft (complete) and parts doEngines (aircraft) and parts doMissiles, space vehicle systems, engines, pro-
pulsion units and parts mil $Other related operations (conversions, modifica-
tions) products services mil $
Aircraft (civilian)* Shipments 0 doAirframe weight ® thous IbExports mil $
MOTOR VEHICLES
Factory sales, total thousDomestic do
Passenger cars, total doDomestic .. _ __ . _ do __
Trucks and buses, total doDomestic do
Exports, total t numberPassenger cars (new and used) doTrucks and buses do
Imports (cars, trucks, buses) totalcft doPassenger cars (new and used)cf do
Production, truck trailers: tComplete trailers, total do
Vans doChassis van bodies for sale separately do
Registrations:©New passenger cars thous
Foreign cars doNew commercial cars. do
RAILROAD EQUIPMENT
Freight cars (ARCI):Shipments _ _ number
Equipment manufacturers total doRailroad shops, domestic do
New orders doEquipment manufacturers, total _ doRailroad shops, domestic do
Unfilled orders, end of mo_ __ . do_ __Equipment manufacturers, total doRailroad shops, domestic do
Passenger cars: Shipments _ _ _ doUnfilled orders, end of mo do
Freight cars, class 1 (AAR): §Number owned, end of year or mo thous
Held for repairs, % of total owned
15, 46212, 0566,0891,566
4,690
2,049
103.42,34744.8
655.8625. 7556.2544.299.581.5
27, 89010, 57017, 320
41,28739, 278
4,8642,916
549
548. 141.678.6
4, 7763,1241, 652
2,9631,8721, 091
31, 97714, 75817,219
20265
1,6629.4
3,3572,6193,035
3,7382,883
13,96511,0435,6461,546
3,829
1,803
82.11,82427.6
556.4527. 3461.9450. 294.577.1
22, 4449,489
12, 955
24, 86024, 076
4,2632,650
462
487 931.676.6
2, 6551,5721,083
2,5671,600
967
13, 4624,6168, 846
17202
1,6078.8
60.41,31731.5
243. 5224.2172.8168.4
70.755.7
20, 9003, 577
17. 323
19, 78719, 673
4,8663,022
405
470.635.182.0
2,4031, 676
727
1,4521,389
63
9,8314,7165,115
21260
1,6249.5
3,5252,7083 115
3,6352, 860
14,07711 1835,7721,414
4.063
1,754
61.51,34025.4
451. 4426. 6367.4359.8
84. 166.8
17,4165, 910
11,506
22, 52122, 127
4,3792,785
245
370.533.374.6
2.8112^125
686
3,1431,2801,863
10, 2103,9186,292
14246
1.6219.4
79.91 78111.4
638.3608.3545. 1529.493. 178. 9
19,6829,200
10, 482
28, 85428, 344
5,3723,656
272
549.632.582.9
1,908] 205
703
2,086944
1,142
10, 3733 6426,731
7239
1,6149. 1
72.51,457
17.9
754.6722. 3646.9627.7107.794.6
22, 63112, 6589,973
26, 48826, 005
5,1713,525
334
557.928.981.6
2,5131,726
787
4,1093,479
630
11,9845, 4056,579
0239
1,6139.0
3 7263,0643 396
3, 8563,004
13,96511 0435, 6461,546
3,829
1,803
83.61,770
19 2
759. 5720.5646. 7631. 1112.889.4
21. 49713, 2348, 263
33, 30532, 395
4,7553,375
233
525 724 279.0
1,9401,066
874
5,7102 7932 917
15, 7617,1348,627
0264
1 6078.8
87.81 72626.4
711.0684.2610.9595. 9100. 188.3
20,11711,7998,318
32, 30531,337
5,4843,845
738
506 226.476.7
2,1281,250
878
5,3362,7292,607
19,0118,611
10, 400
0264
1 6048 9
109. 12 04560. 1
628.6603.7533.6518.595.085.2
17, 58010. 2217,359
37, 69536, 527
5, 2953, 577
719
473 324. 570. 9
2,6901,772
918
1,4661,127
339
17, 7377,9709,767
0264
1 6008.8
3 1992,5522 868
3,8753,037
13 34410 5685 2131, 504
3 794
1, 670
77.61 74743.9
713.9685 3605. 8588.5108.196 8
21,81812,1409,678
36, 34435, 038
6,3934,543
456
591 729 489.2
4 0773 0761,001
1.5571,500
57
15, 2656 441», 824
5259
1 5988.5
111.22 511
40.8
719. 6687. 8614.3594.8105. 393 0
23, 71915, 2048,515
32. 60731,326
f 5, 934r 3, 994
496
635 031 196.0
3,4211, 6771, 744
2, 4501,4371,013
14, 2446,1528,092
24235
1,5948.4
121. 22 34531.6
786.2756. 7673. 5656. 6112.7100. 1
22, 06511,88210,183
32, 33531,189
6,3914,217
393
643 529 494.6
3, 7581 9091,849
3,2902,855
435
13,7787,1006,678
72175
1,5888.3
3 5122, 6633 021
4,0163, 060
12, 84010 1715, 1271,476
3,491
1,644
92.41,915
11.4
678.2651.2569. 2555.0109.096.2
22, 39410, 89511, 499
30, 55129, 477
5,7213,442
228
601 928 789.9
3,9112 2191,692
3 4112,2941 117
13, 2747 1716, 103
50163
1 5828.2
77.9r 1. 395
17.1
687.7663.9587. 1575. 4100.788. 5
16, 8607,8039,057
27, 73527, 179
4,9993,014
944
613.630.590.8
3, 1812,289
892r3,109r 1.641
1, 468
13. 1926, 5166,676
45120
1 5778 4
88.31, 40010.4
299.2282 0218.6213 280.668 8
15,7655,9409.825
19, 39418. 977
5, 4623,3101,353
540 227 694.9
3, 5412 2051,336
2 7961,7101 086
12,4296 0036,426
25134
1 5738 6
2 556. 5
2471.2
285.3
r Revised. J Data cover 5 weeks. 2 Preliminary estimate of production.fSee corresponding note, p. S-39.t Scattered revisions for 1959-60 are available upon request.AEfTective with the Tan. 1962 SURVEY, the qtrly. data reflect an expanded survey and
include companies developing, producing, assembling, etc., complete missiles and spacevehicles (and engines or propulsion units). Comparable data prior to Dec. 31, 1900, arenot available.
fRevisions for 1960-Mar. 1901 are available upon request.9 Total includes backlog for nonrelated products and services and basic research.01)ata include military-type planes shipped to foreign governments.cf Data cover complete units, chassis, and bodies.OCourtesy of R. L. Polk & Co.; republication prohibited.§ Excludes railroad-owned private refrigerator cars and private line ears.
INDEX TO CURRENT BUSINESS STATISTICS, Pages S1-S40
SECTIONS
General:Business indicators 1-7Commodity prices 7, 8Construction and real estate 9, 10Domestic trade 10-12
Employment and population 12-16Finance 16-21Foreign trade of the United States 21-23Transportation and communications 23, 24
Industry:Chemicals and allied products 24, 25Electric power and g&s 26Food and kindred products; tobacco 26-30Leather and products 30, 31
Lumber and manufactures 31Metals and manufactures 3 2-34Petroleum, coal, and products 35, 36Pulp, paper, and paper products 36, 37
Rubber and rubber products 37Stone, clay, and glass products 38Textile products 38-40Transportation equipment 40
INDIVIDUAL SERIESAdvertising 10, 11,16Aerospace vehicles 40Agricultural loans 16Aircraft and parts 3, 13-15,40Airline operations 23Alcohol, denatured and ethyl 25Alcoholic beverages 8, 10, 26Aluminum 33Apparel 1, 3, 4, 7, 8, 10-15, 38Asphalt and tar products 35, 36Automobiles, e tc___ 1, 4-6, 8, 10, 11, 13-15, 19, 22, 40
Balance of international payments 2Banking 16, 17Barley 27Barrels and drums 33Battery shipments 34Beef and veal 28Beverages 4, 8, 10, 26Blast furnaces, steel works, etc 13-15Bonds, outstanding, issued, prices, sales,
yields 18-20Brass and bronze 33Brick 38Broker's balances 20Building and construction materials. 8-10, 31, 36, 38Building costs 9, 10Business incorporations (new), failures 7Business population 2Business sales and inventories 4, 5Butter 27
Cans (tinplate) 33Carloadings 23, 24Cattle and calves 28Cement and concrete products 8-10, 38Cereal and bakery products 8Chain-store sales, firms w'th 4 or more and 11
or more stores 12Cheese 27Chemicals 4-6, 8, 13-15, 19, 22, 24, 25Cigarettes and cigars 8, 10, 30Civilian employees, Federal 14Clay products 8, 38Coal 4,8,13-15,22-24,35Cocoa 23, 29Coffee 23, 29Coke 23, 24, 35Communications 13-15, 19, 20, 24Confectionery, sales 29Construction:
Contracts 9Costs 9, 10Employment, hours, earnings, wages 13-16Highways and roads 9, 10Housing starts 9New construction put in place 1, 2, 9
Consumer credit 17, 18Consumer expenditures 1, 2Consumer goods output, index 3, 4Consumer price index 7Copper 23,33Corn 27Cost of living (see Consumer price index) 7Cotton, raw and manufactures 7, 8, 21, 22, 39Cottonseed cake and meal and oil 30Credit, short- and intermediate-term 17, 18Crops 3, 7, 27, 28, 30, 39Crude oil and natural gas 4, 13-15,35Currency in circulation 19
Dairy products 3, 7, 27Debits, bank 16Debt, U.S. Government 18Department stores 11, 12, 17Deposits, bank 16, 17, 19Disputes, industrial 16Distilled spirits 26Dividend payments, rates, and yields 3,18-21Drug stores, sales 11,12
Earnings, weekly and hourly 14-16Eating and drinking places H, 12Eggs and poultry 3, 7, 29Electric power 4, 8, 26Electrical machinery and equipment 3,
5,6,13-15,19,22,34Employment estimates.___ 12-14Employment Service activities 16Expenditures, U.S. Government 18Explosives 25Exports (see also individual commodities) 1,
2,21,22Express operations 23
Failures, industrial and commercial 7Fans and blowers 34Farm income, marketings, and prices 1, 3, 7Farm wages 16Fats and oils 8, 29, 30Federal Government finance 18Federal Reserve banks, condition of 16Federal Reserve reporting member banks 17Fertilizers 8, 25Fire losses 10Fish oils and fish 29Flooring, hardwood 31Flour, wheat 28Food products.__ 4-8, 10, 11, 13-15, 19, 22, 23, 27-30Foreclosures, real estate 10Foreign trade 21-23Foundry equipment 34Freight carloadings 23, 24Freight cars (equipment) 4, 40Fruits and vegetables 7, 8, 22Fuel oil 35,36Fuels 4, 8, 35, 36Furnaces 34Furniture 3, 4, 8, 10-15, 17Furs 23
Gas, output, prices, sales, revenues 4, 8, 26Gasoline 1, 35, 36Glass and products 38Glycerin 25Gold 2, 19Grains and products 7, 8, 22-24, 27, 28Grocery stores 11, 12Gross national product 1, 2Gross private domestic investment 1, 2Gypsum and products 8, 38
Hardware stores 11Heating equipment 8,34Hides and skins 8, 30Highways and roads 9, 10Hogs 28Home Loan banks, loans outstanding 10Home mortgages 10Hosiery 38Hotels 14,15, 24Hours of work per week 14Housefurnishings 1, 4, 7, 8, 10-12Household appliances and radios 4, 8, 11, 34Housing starts 9
Imports (see also individual commodities)__ 1, 21-23Income, personal 2, 3Income and employment tax receipts 18Industrial production indexes:
By industry 3, 4By market grouping 3, 4
Installment credit 12,17, 18Installment sales, department stores 12Instruments and related products 3, 13-15Insulating materials 34Insurance, life 18,19Interest and money rates 17Inventories, manufacturers' and trade 4-6, 11, 12Inventory-sales ratios 5Iron and steel 3, 5, 6, 8,10,19, 22, 23, 32, 33
Labor advertising index, disputes, turnover 16Labor force 12Lamb and mutton 28Lard 28Lead 33Leather and products 3, 8, 13-15, 30, 31Life insurance 18, 19Linseed oil 30Livestock 3, 7,8, 24,28Loans, real estate, agricultural, bank, brokers'
(see also Consumer credit) 10, 16, 17, 20Lubricants 35, 36Lumber and products 3, 5, 6, 8, 10-15, 19, 31
Machine tools 34Machinery 3,5,6,8, 13-15, 19,22,34Mailorder houses, sales 11Manmade fibers and manufactures 8,39Manufacturers' sales, inventories, orders 4-6Manufacturing employment, production work-
ers, payrolls, hours, earnings 13-15Manufacturing production indexes 3,4Margarine 29Meats and meat packing 3, 7, 28Medical and personal care 7Metals 4-6, 8, 13-15, 19, 23, 32-34Milk 27Mining and minerals 2-4,8, 13-15,19, 20Monetary statistics 19Money supply 19Mortgage applications, loans 10, 16, 17Motor carriers 23Motor vehicles 1, 4-6, 8, 10, 11, 13-15, 19, 22, 40Motors and generators 34
National defense expenditures 1,18National income and product 1, 2National parks, visits 24Newsprint 23, 37New York Stock Exchange, selected data 20, 21Nonferrous metals 8,19, 23, 33, 34Noninstallment credit 17Oats 27Oil burners 34Oils and fats 8, 29, 30Orders, new and unfilled, manufacturers' 6Ordnance 13-15
Paint and paint materials 8, 25Panama Canal traffic 24Paper and products and pulp 3,
5,6,8,13-15,19,23,36,37Parity ratio 7Passports issued 24Payrolls, indexes 14Personal consumption expenditures 1, 2Personal income 2, 3Petroleum and products 4-6,
8, 11, 13-15, 19, 22, 23, 35, 36Pig iron 32Plant and equipment expenditures 2, 20Plastics and resin materials 25Plywood 31Population 12Pork 28Postal savings 17Poultry arid eggs 3, 7, 29Prices (see also individual commodities) 7, 8Printing and publishing 4, 13-15Profits, corporate 1,19Public utilities 2-4, 7-9, 13-15, 18-21Pullman Company 24Pulp and pulpwood 36Purchasing power of the dollar 8
Radiators and convectors 34Radio and television 4, 8, 10,11, 34Railroads 2, 13, 14, 16, 18-21, 23, 24,40Railways (local) and bus lines 13-15, 23Rayon and acetate 39Real estate 10,17, 18Receipts, U.S. Government 18Recreation 7Refrigerators and home freezers 34Rent (housing) 7Retail trade 4, 5, 7, 9, 11-15, 17Rice 27Roofing and siding, asphalt 36Rubber and products 4-6, 8, 13-15, 23, 37Rye 27Saving, personal 2Savings deposits 17Securities issued 19, 20Services 1, 2, 13-15Sheep and lambs 28Shoes and other footwear. 1, 8, 11, 12, 31Silk, prices, imports, production 8,39Silver 19Soybean cake and meal and oil 30Spindle activity, cotton 39Steel ingots and steel manufactures 32, 33Steel scrap 32Stock prices, earnings, sales, etc 20, 21Stocks, department stores 12Stone, clay, and glass products 3-6,
8, 13-15, 19, 38Stoves and ranges 34Sugar 23, 29Sulfur 25Sulfuric acid 25Superphosphate 25Tea imports 29Telephone, telegraph, cable, and radiotele-
graph carriers 13-15, 19, 20, 24Television and radio 4, 8, 10, 11, 34Textiles and products.- 3, 5, 6, 8, 13-15, 19, 22, 38-40Tin 23, 33Tires and inner tubes 8, 11, 12, 37Tobacco and manufactures 4-8, 10, 13-15, 30Tractors 22, 34Trade (manufacturing, wholesale, and re-
tail) 4-6, 11, 12Transit lines, local 23Transportation 1, 2, 7, 23, 24Transportation equipment 3-6,13-15,19,40Travel 23, 24Truck trailers 40Trucks (industrial, motor) 34,40
Unemployment and insurance 12, 16U.S. Government bonds 16-18, 20U.S. Government finance 18Utilities.... 2-4, 9, 13-15, 18-21, 26
Vacuum cleaners 34Variety stores 11, 12Vegetable oils 29,30Vegetables and fruits 7,8, 22Vessels cleared in foreign trade 24Veterans' benefits 16, 18
Wages and salaries 1, 3,14-16Washers 34Water heaters 34Waterway traffic 24Wheat and wheat flour 28Wholesale price indexes. 8Wholesale trade... 4, 5, 12Wood pulp 36Wool and wool manufactures 7, 8, 23, 40
Zinc « 33, 34
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