survey of current business november 1970

A UNITED STATESDEPARTMENT OFCOMMERCEPUBLICATION

SURVEY OFCURRENT BUSINESS

U.S.DEPARTMENT

OF COMMERCE

NOVEMBER 1970 / VOLUME 50 NUMBER 11SURVEY OF CURRENT BUSINESS

CONTENTS

THE BUSINESS SITUATION

Summary 1

Productivity and Labor Costs 2

Corporate Profits 4

National Income and Product Tables 11

ARTICLESSources and Uses of Funds of Foreign Affiliates of

U.S. Firms, 1967-68 14

NEW OR REVISED SERIES

National Income and Product Accounts: SupplementaryHistorical Statistics 19

Sources and Uses of Funds, Nonfarm NonfinancialCorporate Business, 1967-70 20

CURRENT BUSINESS STATISTICS

General S1-S24

Industry S24-S40

Subject Index (Inside Back Cover)

U.S. Department of Commerce

Maurice H. Stans / Secretary

Rocco C. Siciliano / Under Secretary

Harold C. Passer / Assistant Secretaryfor Economic Affairs

Office of Business Economics

George Jaszi / Director

Morris R. Goldman / Associate Director

Lora S. Collins / Editor

Leo V. Barry, Jr. / Statistics Editor

Billy Jo Hurley / Graphics

STAFF CONTRIBUTORS TO THIS ISSUEBusiness Review and Features:

Donald A. KingAnthony E. GalloRose N. Zeisel

Article:R. David Belli

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the BUSINESS SITUATION

Basic trends in economic activity arebeing obscured by the auto strike, andthis will continue to be the case duringthe post-strike period. It will thereforebe some time before there is much clearevidence as to the strength of themoderate expansion that developedbefore the strike.

Additional information has becomeavailable to round out the picture ofdevelopments in the third quarter. TheNation's output expanded modestly bututilization of manpower and of physicalcapacity remained far below potential.Output per man-hour improved sub-stantially; this held down the rise in unitlabor costs and contributed to a modestincrease in corporate profits.

-L\-S this issue of the SURVEY went topress, a national agreement had beenannounced between General MotorsCorporation and the striking auto work-ers, and ratification by the union rank-and-file was expected shortly. Althoughsome plants will remain shut until localissues are resolved, tentative plans callfor regaining a fairly substantial rate ofproduction by early December. The im-pact of the strike, during the more than2 months of full shutdown, was largeenough to obscure basic trends in eco-nomic activity. It will continue to bedifficult to assess the underlying stateof the economy during the post-strikeperiod, as efforts are made to recouplost production and sales.

It will therefore be some time beforethere is much clear evidence as to thestrength of the moderate expansion thatdeveloped before the strike. Residentialconstruction is quite evidently expand-ing, and construction spending by State

and local governments also continues torecover. Beyond that, the picture is lessclear—especially in regard to consumerdemand, which is the key to the strengthof the economic outlook in the nearterm. Consumers remained very cau-tious in the third quarter, once againsaving a large share of income, and theauto strike has undoubtedly worked tosustain cautious attitudes. The strikehad a direct effect on the incomes of avery substantial number of people—counting both strikers and those affectedin industries supplying GM. More gen-erally, the strike was of such a magni-tude that it likely had an unsettlingeffect on the attitudes of many whowere not directly affected at all.

Additional information has becomeavailable to round out the picture ofdevelopments in the third quarter. TheNation's output expanded modestly bututilization of manpower and of physicalcapacity remained far below potential.With labor input cut further, output perman-hour improved substantially. Asin the second quarter, the productivitygain held down the rise in unit laborcosts, and this was an important factorcontributing to a modest increase incorporate profits. As to the centrallyimportant question of price behavior,there were some indications of a slow-down in the rate of increase. The evi-dence was mixed, however, and pricesgenerally continued to rise at an un-acceptable rate.

It is taking a painfully long time forprice behavior to show any marked re-sponse to the substantial restraint thathas been put on the economy. TheNation experienced several years ofserious inflation, which worked its wayinto costs and prices, as well as atti-

tudes, throughout the economy. Excessdemand has been eliminated. However,it is a very difficult task to reverse deepseated inflationary expectations, and theprocess by which wages and other costscome to reflect the changed conditionsis proving to be very slow. Some prog-ress has been made in affecting basiccost (and price) behavior. A good deal

CHART 1

Productivity and Labor Costsin the Private EconomyBecause of sharp gains in productivity the rate ofincrease in unit labor costs has dropped substantially

8 -OUTPUT PER MAN-HOUR

12

UNIT LABOR COST

luLJtiL1966 67 68 69 70

Change From Previous QuarterSeasonally Adjusted at Annual Rates

U.S. Department of Commerce, Office of Business EconomicsData: BLS

70-11 1

SUKVEY OF CUKEENT BUSINESS November 197Q

more is needed, however, and achievingit will be more difficult in conditions ofexpanding economic activity.

Productivity and Labor Costs

Recent improvements in productivityhave contributed very substantially tomoderating the uptrend of labor costs(chart 1). Following five quarters ofvery small increases or actual declines,output per man-hour rose 3/4 percentat a seasonal!}^ adjusted annual rate inthe second quarter and 4% percent inthe third. With output essentiallyunchanged in the spring and onlymodestly higher in the summer, theimprovement in productivity waslargely the result of rather sizablereductions in man-hours.

Productivity in the Private Economy

[Percent change, seasonally adjusted annual rate]

1969:I

II... .IIIIV.

1970:I..

II... .Ill

Output

2.82. 12 5

-1.0

-3.0.7

1.6

Man-hours

3.43.3. 9

— 1.8

-.5-3.0—2.9

Output perman-hour

-0.5-1. 1

1.6.8

-2.53.74.6

Since early last year, output andman-hours have followed a coursetypical of that seen during cyclicalfluctuations in business activity. Inperiods of slackening demand, pres-sures on profits force business to payincreasingly close attention to costs. Asoperations are trimmed, firms reducethe work-week, cut hiring, and in manycases proceed eventually to lay offworkers. The adjustment of man-hoursin the early phases of a contractiontends to be slow, however, and this isespecially true if businessmen believe—as many apparently did last year—thatthe economic slowdown will be briefand mild. In any event, an adjustmentin man-hours which trails the slowdownin output naturally has an adverseeffect on productivity. Once the man-hours adjustment is well underway,

however, it is likely to persist even afterthe economy has resumed an expan-sionary course. Alan-hours often con-tinue to decline for a short while andthen tend to increase more slowly thanoutput, as firms find that they can dowithout "excess fat" that had ac-cumulated in the earlier expansion.Consequently, output per man-hourtypically registers strong increases inthe early stages of economic recovery.

Developments in the closing monthsof this year are of course obscured bythe work stoppage at GM. However,the fact that business has now beenstreamlining operations for more thana year suggests that cost consciousnessis a dominant attitude. It thus seemslikely that the growth of man-hourswill not be commensurate with growthof output, at least in the near term, sothat some further sizable gains inproductivity appear to be in the offing.

The improvement in productivitythat has already occurred has served tooffset a major part of the continuedlarge increases in hourly compensation,and the rise in unit labor costs hasslowed noticeably. In the third quarter,compensation per man-hour in theprivate economy rose at a seasonallyadjusted annual rate of nearly 7% per-cent. That increase was roughly in linewith recent experience; it was a littlelarger than the rise in the first half of1970 and a little smaller than that in thesecond half of last year. In the past twoquarters, however, the recovery in out-put per man-hour has held the averagerise in unit labor costs to an annual rateof 2% percent, far below the pace in thepreceding 2 years. It seems clear at thisjuncture in the anti-inflationary strug-gle that sustaining this significant im-provement in unit labor costs is the keyto future cost-price developments. Ifunit costs begin to accelerate sharply,the prospects for achieving a reductionin inflationary pressures will be dimindeed.

Union wage rates

Although union members compriseonly a relatively small share of the laborforce, developments in union contractnegotiations this year are an important

factor contributing to the sustainedrapid increase in average hourly com-pensation. The contracts negotiated in1970 have not only provided very largeincreases—larger even than those nego-tiated last year—but they have affectedan unusually large number of workers.The number of workers involved reflectsthe prevalence of multiyear contracts,coupled with the fact that the termina-tions of such contracts are not evenlydistributed through time. A substantialnumber of them run in the same 3-yearcycle and are up for renegotiation thisyear.

The large size of this year's contractsettlements suggests an insensitivity tothe slack condition of economic activity.To some extent, these outcomes reflectforces peculiarly associated with themultiyear bargaining pattern. Becausemost major contracts expiring this yearwere last negotiated 3 years ago, and willnot be renegotiated until 1973, settle-ments are bound to reflect the infla-tionary conditions of the last few years.In the last round of negotiations, infla-tion was not so dominant an issue and,in many cases, cost-of-living adjust-ment clauses were traded off for othertypes of benefits. Now there is greatpressure on union leaders to "catchup"with the rise in prices and in the gen-eral wage level in the intervening period,and to allow for the possibility of con-tinued inflation.

The prevailing pattern in 1970, as inother recent years, is for the first-yearincreases under new multiyear contractsto be larger than the deferred increasesprovided for subsequent years. The im-pact of this practice is especially signifi-cant this year because some 5 millionworkers—an unusually large number—are covered by contracts up for re-negotiation. In short, 1970 negotiationscover a very large number of workerswhose demands are swollen by the in-flationary buildup during the life oftheir expiring contracts. This conjunc-tion of events, occurring at a criticaltime, is complicating the task of slow-ing the rate of increase in prices andcosts. It should be recognized, however,that the 3-year contract cycle can alsowork the other way, to have a moderat-ing influence on the behavior of labor

November 1970 SURVEY OF CURRENT BUSINESS

compensation in "light" bargainingyears when relatively few workersnegotiate new contracts.

Major contracts

Data compiled by the Bureau ofLabor Statistics show that major con-tracts (covering 1,000 or more workers)negotiated in the first 9 months of 1970provided a median first-year increasein straight time hourly earnings of10^ percent, compared with 8 percentin 1969. The acceleration occurredprimarily in nonmanufacturing indus-tries, where the median first-year in-crease negotiated through Septemberwas 15^ percent, up from 10 percentlast year. The construction and truckingindustries accounted for most of thisjump. In manufacturing, the first-yearincrease negotiated through Septemberwas 8 percent, compared with Tpercentlast year. The manufacturing settle-ments included contracts primarily inthe rubber, electrical equipment, andapparel industries.

Most workers not involved in newnegotiations are receiving deferred in-creases provided by negotiations inearlier years, and some increases arebeing received under cost-of-living ad-justment clauses. Taken together, thefirst-year increases negotiated this yearand the deferred increases (includingcost-of-living adjustments) have anoverall impact on wage rates this yearwhich can be expressed as the "effectivewage increase" (EWI) for workerscovered by major contracts. If theEWI calculated for the first 9 months ofthe year is a reasonable indicator ofthat for the full year, then the medianEWI in 1970 for workers under majorcontracts will be about 6^ percent,up sharply from about 5 percent in 1969.

Union vs. nonunion wage behavior

Workers covered by major contractsare only a small portion of all nonfarmworkers. An interesting and an import-ant question, therefore, is whether non-union wages are responding more sensi-tively to the slowdown in economicactivity. Data bearing On this question

are compiled only for manufacturing.These data suggest that overall wagebehavior in nonunion firms is in factmore responsive to fluctuations inaggregate economic activity.

It is reasonable that this should be thecase. In the nonunion sector, the grant-ing of increases and the size of the in-creases given probably tend to be moresubject to management discretion. More-over, wage actions which occur annu-ally, as is generally the case in the non-union sector, should be more sensitiveto current conditions than actionstaken under contracts negotiated every2 or 3 years.

BLS calculates on an annual basisthe median "effective wage adjust-ment" (EWA) for union and fornonunion manufacturing workers. TheEWA for a given year is the percentagechange in straight time hourly earningswhich occurs in that year. It reflectsall changes occurring in the year andis based on data for all "situations"reported to BLS, including situationswith decreases and no change as wellas those with increases. The EWAthus differs from the "effective wageincrease," which includes increases only.In general, the pattern of the union

and nonunion EWA's over the pastdecade has indicated a greater sensi-tivity in nonunion establishments(chart 2).

Data compiled by BLS for the first6 months of 1970 can be used to makerough estimates of the union and non-union EWA's for 1970. The two majorfactors influencing the EWA for anyyear are the size of the increases re-ceived by workers (whether the resultof current or past decisions) and thepercentage of workers receiving in-increases. For union manufacturingworkers, the effective increase (EWI)was higher in the first 6 months of1970 than in the same period last year,and almost all union workers receivedsome kind of increase. For nonunionworkers, both the EWI and the per-centage receiving increases were downin the first half of the year from thefirst half of last year.

On the basis of these data, themedian effective wage adjustment forunion workers in manufacturing thisyear can be estimated at perhaps 6to 6% percent, up 1 to 1% percentagepoints from last year. The nonunioneffective wage adjustment can be esti-mated at approximately 3% to 4

CHART 2

Wage Adjustments in ManufacturingPercent

8

' Nonunion0 Estimate by QBE

1959 60 61 62 63 64 65 66 67 68 69 70

Note.—Median annual "effective adjustment" in straight time hourly earnings. "Effective adjustment" reflects all situations reported to BLS.including those with decreases or no change, and includes wage changes resulting from decisions made (e.g., contracts negotiated) in past years.

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

SURVEY OF CURRENT BUSINESS November 1970

percent, down 1 to 1% points fromlast year, indicating a considerablygreater responsiveness of nonunionwages—on average—to the state ofeconomic activity.

Corporate Profits

During the third quarter, before-taxbook profits of corporations registeredtheir first increase in more than a year,rising $3 billion at a seasonally adjustedannual rate. Half of the increase re-flected inventory profits; the balanceresulted from both a small expansion incorporate output and a slight improve-ment in profit margins. At $85 billion,pre-tax book profits were nevertheless$8 billion below the record level reachedin the first two quarters of 1969.

Widespread increases among non-manufacturing industries accounted formost of the third quarter profit ad-vance. Profits in manufacturing showedlittle change in the aggregate, largelybecause earnings of the automobile in-dustry were down very sharply. It hasbeen in manufacturing, particularly indurable goods manufacturing, that mostof the recent profits decline has oc-curred. Manufacturing profits in thethird quarter were roughly $7 billionbelow their level in the first half of1969.

The third quarter expansion in profitsresulted in increased tax liabilities of

billion, and after-tax profits rosebillion to $45% billion. (The be-

havior of after-tax profits was not af-fected by the complete elimination ofthe tax surcharge at midyear; in theestimates of profits in the national in-come accounts, allowance was made asof the first quarter for the full-yeareffect of the surcharge elimination.)Dividends were up only slightly in thethird quarter and retained earnings rosemore than $1 billion. Capital consump-tion allowances (mainly depreciationcharges) continued to advance and cashflow rose $2% billion. This followed adecline of $2% billion in the yearending in the second quarter, and wasthe largest increase in internally gener-ated funds since the closing quarter of1967.

The book value measure of profitsincludes gains or losses due to the dif-ference between the replacement cost ofgoods taken out of inventory and thecost at which they are charged to pro-duction. These inventory profits orlosses are excluded from the profitscomponent of national income—an ag-gregate which measures the factor in-comes arising from current production—by the "inventory valuation adjust-ment77 (IVA). Inventory profits rose$1% billion in the third quarter. Afteradjusting for this, the national incomemeasure of pre-tax profits rose $1%billion to $79 billion.

The volume of corporate output in-creased only modestly and the improve-ment in profits was to a considerableextent due to expansion of profit mar-gins—i.e., profit per unit of real output.The average price per unit of non-financial corporate output continued onits steady upward course, rising a littlemore than 1 percent, but unit costsslowed noticeably, primarily because ofa marked moderation in unit labor costs(chart 3). The latter development pre-sumably reflected a productivity gainwhich offset continued increases inhourly compensation.

The summer improvement in profitsand cash flow will no doubt help relievesome of the severe liquidity strain inthe corporate sector. It appears thatliquidity improved somewhat during thesummer as corporations added to liquidasset holdings and made strenuousefforts to restructure their debt maturi-ties. Corporations have substantially re-duced short-term debt liabilities—mainly bank loans and open marketpaper—in large part funding theseliabilities through the issue of long-term securities.

With demand slack and the manufac-turing utilization rate down sharplyfurther (to 76% percent in the thirdquarter), it appears that any near-termincrease in profits will be channeledto improving corporate liquidity posi-tions and not used for investment inplant and equipment. The latest OBE-SEC survey, taken in August, showedbusinessmen expecting virtually nogrowth in capital spending in the thirdand fourth quarters of this year. Theresults of this year's final quarterly

survey are not yet compiled. Althoughbusinessmen's plans for capital spend-ing in 1971 are of necessity still tenta-tive, there are indications from privatesurveys that spending will grow verylittle next year, and that the realvolume of investment will probablydecline.

Federal Deficit

The Federal Government recordedanother large budget deficit in the thirdquarter. As measured in the nationalincome accounts, the deficit was at anannual rate of $11% billion, down from$14% billion in the second quarter.There has been a deficit in each quarterof 1970 and another large deficit is inprospect for the fourth quarter. By

CHART 3

Corporate Sector: Prices, Costs and ProfitsPrice per unit of corporate outputhas continued to increase

Dollars (ratio scale)

1.4

1.2 Price

The rise in labor cost per unit has slowed sharply,contributing to an upturn in profit per unit

Labor Cost

\

S S

Nonlabor Cost

\

Profit

1 1 1 1 1 1 1 i 1 1 n i li ii In 1 1 1 1 1 ) 1 1 1 1 1 1 1 1 1 i i li ii 1 1 1 1 li

1957 59 67 6961 63 65Seasonally Adjusted

Note.—Values plotted are calculated by dividing current dollar corporate product(total and its components) by real corporate product; nonfinancialcorporations only.

U.S. Department of Commerce, Office of Business Economics 70-11-3


contrast, every quarter in 1969 showeda substantial surplus. However, thisswing in the Federal budget position islargely the result of the slowdown ineconomic activity. The "high employ-ment budget," which is a measure ofFederal fiscal impact that attempts toabstract from the effects on revenues ofchanges in economic activity, has notchanged very much over the past year.

The modest expansion of economicactivity in the third quarter resulted ina $3l/2 billion increase in taxes on in-comes and profits. This was more thanoffset, however, by the revenue lossesresulting from the mid-year expirationof the surtax and increase in the per-sonal tax exemption, and total receiptsfell $1% billion to $195% billion.

Expenditures were at an annual rateof $206% billion, down $4% billion fromthe second quarter. Apart from theeffects of special factors, expendituresin fact changed very little—rising byonly $}i billion, or about $1 billion lessthan the increase in the second quartercalculated on a comparable basis. Thevery small increase in the third quarterwas the net result of higher net interestand subsidy payments, offset by reduc-tions in defense purchases, grants-in-aid, and transfer payments.

The major factor affecting the recentbehavior of total expenditures was thelarge retroactive payment of highersocial security benefits and Federal pay.This one-time payment (amounting toabout $5}i billion) swelled the expendi-ture figure in the second quarter butwas absent in the third. Partly off-setting this swing was the fact that thethird quarter expenditure total wasswelled by another retroactive pay-

ment—about three quarters of a billiondollars—resulting from a pay increasefor postal workers.

Income and Employment inOctober

Wage and salary disbursements weredown sharply in October and personalincome fell $2% billion at a seasonallyadjusted annual rate. Government pay-rolls declined about $1% billion becausethe retroactive payment to postalworkers, which swelled September in-come by almost $2 billion, was not inthe October figures. Private payrollsdeclined sharply, as a $5% billion dropin manufacturing wage and salary dis-bursements far outweighed a moderaterise in nonmanufacturing pay. Themanufacturing decline reflected theheavy impact of the strike in the autoindustry and was most pronounced inthe transportation equipment and pri-mary metals industries. Smaller de-clines, which were probably also due ingood part to the auto strike, wereregistered in the fabricated metals,machinery, electrical equipment, andrubber industries. It should be pointedout that the decline in private payrollsresulting from the auto strike waspartially offset by union strike benefits,which are not included in the personalincome figures.

Transfer payments were up nearly $2billion last month, mainly because of anonrecurring retroactive payment ofrailroad retirement annuities. Othernonwage components of income re-corded small changes.

The effects of the auto strike wereclearly visible in the reduction of more

than 600,000 workers, seasonally ad-justed, on the payrolls of manufacturers.Although employment was down inmost major industries, the declinecentered in durable goods manufactur-ing, particularly in transportation equip-ment. The decline in manufacturing waspartly offset by increases elsewhere,mainly in trade, services, and State andlocal government. Total nonfarm pay-roll employment fell 480,000, seasonallyadjusted.

The average workweek was un-changed last month following a sharpdrop in September. The September re-duction was probably overstated be-cause the survey week included LaborDay, and persons who did not receiveholiday pay were reported as havingreduced hours that week. The factthat the average workweek did notrecover in October probably reflectedproduction cutbacks and shortenedwork schedules associated with the autostrike.

The effects of the auto strike are moredifficult to identify in the data on thetotal civilian labor force, in large partbecause striking employees are countedas employed. In October, both thecivilian labor force and employmentrose more than seasonally, with adultwomen accounting for the bulk of gains.The number of workers unemployedwas up only a bit and the overall un-employment rate— at 5.6 percent—wasessentially unchanged from September.The jobless rates for most major groupsin the labor force were also about un-changed in October. The rate formarried men rose 0.2 percentage pointto 3.1 percent, continuing the trendevident since late last year.

SURVEY OF CURKENT BUSINESS November 1970

• In October: Unemployment rate edged up to 5.6 percent, rate for married men reached 3.1 percent• Nonfarm payroll employment dropped by 480,000, largely because of the auto strike• Wholesale price index unchanged; industrial prices accelerated while nonindustrials declined

TOTAL PRODUCTION THE LABOR MARKET PRICES

Billion $ Million Persons1,000

950

900

850

800

CURRENT DOLLAR GNP** >*

_ ^^ ~

Total Ss"'

SY>x*>\>/ ** Inventory Change

~~ /•'* '\ ~• \

Final Salest i l i l l i l l

83

81

79

77

75

/ Percentr^ /*/

CIVILIAN LABOR FORCE ANDEMPLOYMENT* ^

-Labor Force

V.>v

~ ~s^**^r***Employment \^

A

— ~f

J 1 1 1 1 1 1 1 1 1 1

Quarterly (III) QBE

Billion $ Percent

40

30

20

10

0

CURRENT DOLLAR GNP**(Change From Previous Quarter)

-

.1•ii. •••nil

0

4

3

2

1

•

_'*

,'-v/X

1 1 1 1 1 1 1 1 1 1 1

r-

'v*x ^ -X/*— •

-

1 1 1 1 1 1 1 1 1 1 1

8

6

4

2

n

IMPLICIT PRICE DEFLATOR FOR GNP**(Change From Previous Quarter)

-

. •• •III II 1•II 1 II 1HUH i11 1 1 ii ••••••I •Illl II 1•• •• •• i,

-

I'

-

Monthly (Oct.) BLS Quarterly (III) QBE

/ 1957-59=100 ^/

/\IUNEMPLOYMENT RATE* / w

/

~ Total _ /

^ -̂NV

i I 1 i I 1 I I 1 1 1

Quarterly (III) QBE

Billion $ Million Persons800

750

700

650

600

CONSTANT DOLLAR (1958) GNP**

Total

^^ Inventory Change

Final Sales

-

i l l i l l i l l

/6

72

68

64

60

^^

Married Men

i i i i 1 1 1 1 1 1 i

/ -

/V

/

1 1 1 1 1 1 1 1 1 1 1

135

130

125

120

115

/CONSUMER PRICES /....

*

/:Total / j

JX/xS\, /

-./ /' Retail Food*

i 1 1 i i 1 1 1 1 i i i 1 1 i i 1 1 i i

T-

-

1 1 1 1 1 1 1 1 1 1Monthly (Oct.) BLS Monthly (Sept.) BLS

Billions 1957-59 = 100

NONFARM ESTABLISHMENTS(Employees)

Employment*(left scale)

-^^^~~>"*~~~

X

i i i i i 1 i i i i i

Quarterly (III) QBE

Percent Hours

12

8

4

0

-4

CONSTANT DOLLAR (1958) GNP**(Change From Previous Quarter)

— ~~

•• I

HiMh in ..•i •i

45.0

42.5

40.0

37.5

35.0

_ 1 1 - »<

_/-^~1x~"̂

— '"*CMan-Hours*(right scale)

i i i i 1 1 i i i i

^

*** N

~

1 1 1 1 1 1 1 1 1 1

120

115

1 40 HO

1 30 1 05

120 100

WHOLESALE PRICES ^^

^^^^

Total ^4$ '"

y^X^

.^y^ Industrial Commodities..<***«*****

7^

-

i 1 1 i i 1 i i i i i i i i i i i i i

-

1 1 1 1 1 1 1 1 1Monthly (Oct.) BLS Monthly (Oct.) BLS

Dollars 1957-59=100

PRODUCTION OR NONSUPERVISORY WORKERS(PRIVATE)

-

y**™

**"Average Hourly Earnings -. — **

(right scale) v y

-+_sNXT^ s -̂

Average Weekly Hours*(left scale)

i 1 1 1 i 1 1 i i 1 11968 1969 1970 QBE 1968

Quarterly (III)

i i i i 1 1 i i M i

-

V^"^— -x.\_

1 1 1 II 1 1 1 1 1 1

3.40 1 60

3.20 120

3.00 110

2.80 100

2.60 90

WHOLESALE PRICES y^vf—^S

Processed Foods /•̂ •̂̂and Feeds ^/

yv-s^^-/̂ ^^s*^/r*~***^

f^S^-^V '̂'ClNproduc.s

1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 I l l l

—

^

' ^\\ -

M 1 1 1 1 1 1 1 11969 1970 BLS 1968 1969 1970 BLS

Monthly (Oct.) Monthly (Oct.)

* Seasonally Adjusted * * Seasonally Adjusted at Annual Rates


November 1970 SUEVEY OF CUEEENT BUSINESS

Personal income down $2% billion in October as a result of large decline in wages and salariesNew car sales dropped in October to an annual rate of 6 million unitsHousing starts rose 6J£ percent in September; permits also increased

CHART 5

INCOME OF PERSONS CONSUMPTION AND SAYINGBillion $

850

800 -

750 -

700 ~

650 n I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I I

Monthly (Oct.) QBE

Billion $

650

PERSONAL CONSUMPTION EXPENDITURES

Manufacturing(right scale)

I I I ! I I I I I I I

500 -

450

Billion $

35

Quarterly (III)

500 -

450

400

30

- 200 25

- 150 20

RETAIL STORE SALES*

Excluding Automotive Group

Monthly (Oct.)

100 15 1 i i I i i I l l l i i I i i i i i I l l i i l I I I i i l J i i i l l

OBE Monthly (Sept.) Census

Million Units

12

10

600 -

550 -

Dollars

2,700

NEW CAR SALES*

Domestic(left scale)

Imports(right scale)

\I 1 I M I I I I I I I 0

Quarterly (III) Monthly (Oct.) Trade Sources & QBE

2,600

2,500

2,400

2,300

REAL PER CAPITA DISPOSABLEPERSONAL INCOME**

-(In 1958 Dollars)

i I i i i I I i i

1968 19701969

Quarterly (III) OBE



6 -

1970OBE

FIXED INVESTMENTBillion $

100

75

50

25

Producers1 Durable Equipment**

\. '*» ^ •** """" """"

~ Nonresidential S

j, , -11"**

Residential Stn

i i i

ructures**

Nr / -ctures**

i i i

-

i i i

Quarterly (III) QBE

Billion $

100

PLANT AND EQUIPMENTEXPENDITURES**

70 -

60

Quarterly (IV) OBE-SEC

Billion $

8

CAPITAL GOODS MANUFACTURERS*

New Orders A

Monthly (Sept.) Census

Million Units

2.5

PRIVATE HOUSING*

Starts

2.0

1.5

1.0

.5 I i i i i l I i i i i i I i i i l I 1 l i i 1 I I I I I I I 1 i i l I I

1968 1969 1970


70-11-5

8 SURVEY OF CURRENT BUSINESS November 1970

• U.S. trade surplus shrank to slightly less than $200 million in September• Federal Government receipts and expenditures both down in third quarter; NIA budget in deficit by $11 billion

• Third quarter balance of payments: Deficit down sharply on liquidity basis, little changed on official basis

INVENTORIES FOREIGN TRANSACTIONS GOVERNMENTBillion $ Billion $

40

30

20

10

0

CHANGE IN BUSINESS INVENTORIES**(GNP Basis)

-

_ _

.Ml nli. .1

V2

8

4

0

-4

NET EXPORTS*

-

Billion $

*

-

Goods and Services

//— s.s^\-

1 1 1

Quarterly (III) QBE

Billion $ Billion $

180

170

160

150

140

MANUFACTURING AND TRADE INVENTORIES*(Book Value, End of Month)

^^Total S'^

jr

^^^

/x^i t 1 1 1 1 1 1 1 1 i i i 1 1 i 1 i i 1 1 i i i i i i 1 1 1 1 1 1

4.0

3.5

3.0

2.5

2.0

^^— _r̂fX^^X"11* •>^-x

""\Merchandisei i i I I I

140

120

100

80

<SO

FEDERAL PURCHASES OFGOODS AND SERVICES**

-

Total

_ ^L_x ^_ _^**"^

Defense

\

i i i i i i i i iQuarterly (III) QBE Quarterly (III) QBE

Billion $

MERCHANDISE TRADE*

. A\Exports A / x _

V ATX/.W-

*T\f\M.// '

i I i i I 1 i i I i I

Monthly (Sept.) Census & QBE

Billion $ Billion $

120

100

80

60

40

MANUFACTURING AND TRADE INVENTORIES*(Book Value, End of Month)

_ _Manufacturing ^ — r— "*"

V ^*^^^

^r*-*^*****11^*1*1^

Trade

«.- — •

1 1 1 1 1 1 ! 1 1 1 1 ! 1 1 1 1 1 1 1 1 1 1 1 i t 1 t 1 I 1 1 1 I

4

2

0

-2

-4

I / v' A : \ v

I /" 1J Imports

1

r•1 M M 1 1 M M ,| | | 1 1 I 1 1 1 1

4

3

2

1

0

DEFENSE PRODUCTS*

New Orders s

.\ A

^P^mD'̂ fV t̂7- ~.,/ \ 1 V V V

Shipments

i 1 t 1 1 1 1 1 1 I 1 J 1 1 1 1 1 1 1 1 1 1 1 1 M 1 1 1 1 1 1 1

Monthly (Sept.) Census Monthly (Sept.) Census

Billion $

NET FLOW OF PRIVATE U.S. AND FOREIGN CAPITAL(Other than Liquid Funds)*

_

Inflow

^\s_ _^

Outflow-

1 1 1


Ratio Billion $

2.0

1 R

1.6

1.4

1.2

INVENTORY/SALES RATIOS*

_ Manufacturing _

^^^A \ /r^^^***J \^f ^-» **"^^S**^^r

s^.^ •

/- Total Manufacturing and Trade

i i t i 1 1 1 1 1 i i i i i 1 1 1 t 1 1 i i 1 1 1 1 i 1 i 1 1 1

4

2

0

-2

-4

_

f\ ,S\

V ^-

I l l I I I

25U

225

200

175

150

FEDERAL BUDGET**(NIA Basis)

_ _

Receipts .•"*•••..

'y-^^/__ -...'•'2^ \

_.,•••** f^ Expenditures

i l l i l l i l l

Quarterly (II) QBE Quarterly (III) QBE

Billion $

BALANCE OF PAYMENTS*

Official Reserve Transactions Basis

«\ i/ \

/ \

' ^ ii

* / %/ \

\ 'A.L v/Y ^V / i\ ^r

/\ / \s- -Liquidity Basis

. 1 i i1968 1969 1970 1968


\ /i V , i i i i

175

150

100

75

STATE AND LOCAL PURCHASESOF GOODS AND SERVICES**

^^_^*

^ ""̂

-*-— - — *^

i l l i l l i l l1969 1970 1968 1969 1970

Quarterly (ill) QBE Quarterly (III) QBE


U.S. Department of Commerce, Office of Business Economic*

November 1970 SURVEY OF CURRENT BUSINESS C

€

%

i

1957-

190

180

170

160

150

1957

200

175

150

125

100

Perc

95

90

85

80

75

Billic

40

36

32

28

24

In third quarter: ManufacturingProductivity i

• Corporate pro

INDUSTRIAL PRODUCTION59=100

INDUSTRIAL PRODUCTION*

k TotalDurable Manufactures ^x V

X ^ ^ l * Nondurable " VX***"""* Manufactures \

1 1 i 1 1 1 1 1 | 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1

Monthly (Sept.) FRB

59=100

INDUSTRIAL PRODUCTION*

- r^~\ A/ toss'v N ' V ,.,' \ ; x /

s\ *"* \_ /̂i,«, - ^1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1

Monthly (Sept.) FRB

ent

RATIO, OUTPUT TO CAPACITY*

Manufacturing

pv

I I I I I I I I IQuarterly (III) FRB

n $

DURABLE GOODS MANUFACTURERS*

New Orders

*^^*'" * Shipments

i 1 1 1 1 i 1 1 i i i 1 1 i i 1 1 1 1 i i i 1 1 i 1 1 i 1 1 i i1968 1969 1970


capacityncreasedfits (befo

Billion

460

420

380

340

300

Bill

1

0

-1

-2

Perc

10

8

6

4

2

1941

140

120

100

80

60

utilization dropped furtherdue to cut in man-hours and slightre tax and including IVA) improved

MONEY, CREDIT, AND SECURITIES MARKETS$

BANK CREDIT AND MONEY SUPPLY*

Bank Credit ^-*-~*^(left scale) ̂ — """H +

— **' Money Supply(right scale)

i i i i i l,i i i i i i i i i 1 i i i i i i i i i i 1 i i i i i

ion $

Monthly (Oct.) FRB

FREE RESERVES

s.

i i i i i 1 1 i i i i

ent

1 1 1 1 | 1 I I | | I I i i i I 1 I i i 1 1

Monthly (Oct.) FRB

INTEREST RATES AND BOND YIELDS

Corporate Yields, Moody's Aaa J{\*~^

3-month Treasury Bills

i i i i i 1 i i i i i

43 = 10

STOCK PRICES

Standard and

i i i i i l.i i.i i i1968

1 1 | I i 1 1 1 1 1 1 1 1 1 | 1 1 1 I 1 1 1

Monthly (Oct.)

Poor's 500

hXTV-\J

i 1 1 i i 1 i 1 1 i i 1 1 i 1 1 i 1 1 i i1 969 1 970

Monthly (Oct.)

rise in oslightly

Billior

240 120

220 100

200 80

180 60

160 40

Billio

120

100

80

60

40

Pe

24

16

8

0

-8

Pe

24

16

8

0

-8

utput

PROFITS AND COSTSv $

CORPORATE PROFITS AND IVA **

Before Taxes _

i i t i l i l l

Quarterly (III) QBE

n $

CORPORATE CASH FLOW AND PROFITS**

Cash Flow

" \- Profits After Taxes

\

. i i i I'̂ TT-T" iQuarterly (III) QBE

cent

OUTPUT AND COMPENSATION PER MAN-HOUR,PRIVATE ECONOMY**

_ (Change From Previous Quarter)

Compensationn Output /

\ A jijdi j y "J J ii

Quarterly (III) BLS

rcent

UNIT LABOR COSTS, PRIVATE ECONOMY**(Change From Previous Quarter)

1.11 Hill.,i

1968 1969 1970 BLS

Quarterly (III)* Seasonally Adjusted * * Seasonally Adjusted at Annual Rates


10 SURVEY OF CURRENT BUSINESS

NATIONAL INCOME AND PRODUCT TABLES

November 1970

1968 1969

1969

II III IV

1970

II III

Seasonally adjusted at annual rates

Billions of current dollars

1968 1969

1969

II III IV

1970

II


Billions of 1958 dollars

Table 1.—Gross National Product in Current and Constant Dollars (1.1, 1.2)

Gross national product

Personal consumption expenditures. _

Durable goods. . _ . _..Nondurable goodsServices - -

Gross private domestic investment

Fixed investment - - . .

Nonresidential.. .StructuresProducers' durable equipment-

Residential structures.NonfarmFarm

Change in business inventoriesNonfarm . .Farm

Net exports of goods and services

ExportsImports

Government purchases of goods and services

FederalNational defenseOther

State and local

865.0

535.8

84.0230.2221.6

126.5

118.9

88.729.659.1

30.329.7

.5

7.67.5.1

2.5

50.648.1

200.2

99.578.021.5

100.7

931.4

577.5

90.0245.8241.6

139.8

131.4

99.333.865.5

32.031.5

.6

8.58.0.4

1.9

55.553.6

212.2

101.378.822.6

110.8

923.7

573.3

90.6244.0238.7

139.3

131.4

97.532.365.2

33.933.3

.6

7.97.6.3

1.3

57.255.9

209.9

99.877.921.9

110.1

942.6

582.1

89.5248.1244.5

143.8

132.4

101.535.266.3

31.030.4

.6

11.310.8

.5

2.6

58.355.6

214.1

102.579.822.7

111.6

951.7

592.6

90.8252.0249.8

140.2

133.0

102.635.167.5

30.429.8

.6

7.26.5.7

2.6

58.856.2

216.3

102.178.823.3

114.2

959.5

603.1

89.1258.8255.2

133.2

131.6

102.635.766.9

29.128.4

.6

1.6.9.7

3.5

61.157.6

219.6

102.379.323.0

117.4

971.1

614.4

91.9262.6259.9

134.3

131.2

102.835.367.5

28.427.8

.6

3.12.6.5

4.1

62.858.7

218.4

99.776.822.9

118.7

985.5

622.1

91.2265.8265.1

138.3

132.7

103.635.068.6

29.228.6

.6

5.55.0.5

4.2

62.858.6

221.0

98.675.822.9

122 A

707.2

452.3

81.4196.5174.4

105.7

98.8

75.522.752.7

23.322.9

.4

6.96.8.1

.9

45.744.8

148.3

78.7

69.6

727 1

467.7

84.9201.2181.6

111.3

104.1

80.824.056.9

23.322.8

.4

7.26.8.4

.2

48.548.2

147.8

75.7

72.1

726 1

467.1

85.7200 9180.5

111.5

104.8

80.223.157.0

24.724.2

.4

6.66.3.3

-.3

50.751.1

147.9

75.8

72.1

730 9

468.7

84.1201 9182.7

114.1

104.2

81.924.657.3

22.321.8

.4

9.99.3.6

.8

50.850.0

147.3

75.2

72.1

729 2

471.7

84.9202 4184.4

110.0

103.9

82.124.357.8

21.821.4

.4

6.15.4.8

.9

50.049.1

146.6

73.8

72.9

723 8

474 o

82.7205 6185 8

102.9

101 5

80.924 456.5

20.720.2

4

1.3.86

1.9

52.050.1

145.0

71.1

73.8

724 9

478 1

84 9206 6186 6

103.1

100 1

80.223 556.7

20.019.5

4

2.92.5.4

2.4

52.950.5

141.3

67.8

73.5

727 4

479 6

83 6208 2187 8

104.1

99 6

79.622 656.9

20.019.6

4

4.64.1.4

3.1

52.048.9

140.6

66.2

74.4

Table 2.—Gross National Product by Major Type of Product in Current and Constant Dollars (1.3,1.5)

Gross national productFinal sales .Change in business inventories

Goods output _.Final sales _ _ .Change in business inventories

Durable goods..Final salesChange in business inventories

Nondurable ..Final salesChange in business inventories

ServicesStructures

865.0857.4

7.6

430.6422.9

7.6

176.1170.4

5.7

254.5252.5

2.0

347.187.4

931.4922.9

8.5

460.0451.6

8.5

190.2183.9

6.4

269.8267.7

2.1

377.693.8

923.7915.9

7.9

456.7448.8

7.9

189.4182.7

6.7

267.3266.1

1.2

372.394.8

942.6931.211.3

466.2454.911.3

192.7184.8

7.9

273.5270.1

3.5

383.093.3

951.7944.5

7.2

468.9461.7

7.2

192.7187.4

5.3

276.2274.3

1.9

390.392.5

959.5957.9

1.6

467.1465.5

1.6

185.3185.5-.3

281.8280.0

1.9

400.192.3

971.1968.1

3.1

474.9471.8

3.1

186.6188.5-1.9

288.3283.3

5.0

405.890.4

985.5980.0

5.5

479.8474.2

5.5

193.5188.3

5.2

286.3286.0

.3

413.292.6

707.2700.3

6.9

380.7373.8

6.9

162.1157.1

5.1

218.6216.7

1.8

260.066.6

727.1719.9

7.2

392.2385.0

7.2

170.1164.7

5.3

222.1220.3

1.8

268.266.6

726.1719.4

6.6

391.1384.5

6.6

170.0164.5

5.5

221.1220.0

1.1

267.267.8

730.9720.9

9.9

395.7385.8

9.9

171.6164.9

6.7

224.1220.9

3.2

269.865.4

729.2723.0

6.1

393.5387.4

6.1

170.3165.9

4.4

223.3221.5

1.8

271.364.4

723.8722.4

1.3

387.3386.0

1.3

162.3162.6-.3

225.1223.4

1.6

273.163.4

724.9721.9

2.9

391.1388.2

2.9

162.9164.4-1.5

228.3223.8

4.5

272.860.9

727.^722 J

4.i

392.387.,

4.'

167.162.'

4.:225.224.

274.60.

Table 3.—Gross National Product by Sector in Current and Constant Dollars (1.7, 1.8)


Private..

Business. _Nonfarm _Farm

Households and institutionsRest of the world

General government.

865.0

770.1

740.1714.625.5

25.34.7

94.9

931.4

827.8

795.4767.927.5

28.14.3

103.6

923.7

822.3

790.3762.727.6

27.84.2

101.4

942.6

836.6

804.2776.6

27.6

28.34.1

106.0

951.7

844.0

810.8783.027.8

29.04.2

107.7

959.5

848.5

814.3785.528.8

29.64.5

111.0

971.1

858.4

824.5796.028.5

30.03.9

112.8

985.5

871.7

837.1809.128.0

30.54.1

113.9

707.2

647.6

627.2603.423.8

15.94.5

59.7

727.1

666.4

646.0622.523.6

16.44.0

60.7

726.1

665.6

645.3622.023.3

16.33.9

60.5

730.9

669.8

649.7626.223.5

16.33.8

61.0

729.2

668.1

647.6624.722.8

16.64.0

61.1

723.8

663.1

642.1619.522.6

16.74.3

60.7

724.9

664.2

644.0621.023.0

16.53.6

60.7

727.

666.

646.623.22.

16.3.

60.

HISTORICAL STATISTICS

National income and product statistics for earlier periods are available as follows:Data for 1966-69, July 1970 SURVEY OF CURRENT BUSINESS; 1964-65, July 1968 SURVEY;1929-63, The National Income and Product Accounts of the United States (available fromU.S. Department of Commerce Field Offices or from the Superintendent of Documents,U.S. Government Printing Office, Washington, D.C. 20402, price $1.00 per copy).

November 1970 SURVEY OF CURRENT BUSINESS 11

1968 1969

1969

II III IV

1970

I II III *


Billions of dollars

Table 4.—Relation of Gross National Product, National Income,and Personal Income (1.9)


Less: Capital consumption allowances-

Equals: Net national product

Less: Indirect business tax and nontaxliability

Business transfer paymentsStatistical discrepancy

Plus: Subsidies less current surplus ofgovernment enterprises

Equals: National income

Less: Corporate profits and inventoryvaluation adjustment

Contributions for social insur-ance

Wage accruals less disburse-ments

Plus: Government transfer paymentsto persons . , . .

Interest paid by government(net) and by consumers

Dividends .Business transfer payments

Equals : Personal income.

865.0

74.0

791.1

78.13.3

—2 4

.7

712.7

85.4

47.1

.0

55.7

26.323.33.3

688.7

931.4

78.9

852.5

85.23.5

-4.7

1.0

769.5

85.8

53.6

.0

61.6

29.024.73.5

748.9

923.7

78.2

845.5

84.33.5

-5.3

1.1

764.0

87.4

53.1

.0

61.0

28.624.43.5

741.1

942.6

79.4

863.1

86.63.5

-5.5

1.0

779.5

86.8

54.2

.0

62.0

29.125.03.5

758.1

951.7

80.7

871.0

87.73.5

-4.3

1.2

785.2

82.0

55.1

.0

63.4

30.225.23.5

770.5

959.5

82.1

877.4

89.33.6

-5.4

1.6

791.5

76.7

56.0

2.5

66.3

31.025.23.6

782.3

971.1

83.6

887.5

91.13.6

-3.1

1.5

797.4

77.5

56.7

-2.1

75.8

31.425.13.6

801.3

985.5

85.0

900.5

93.33.6

-1.8

1.8

807.2

79.0

57.6

-.4

75.1

32.225.43.6

807.2

III*

ates

1968 1969

1969

II III IV

1970

I II III*


Billions of dollars

une, Table 6. — National Income by Type of Income (1.10)

985 5Compensation of employees

Wages and salaries..900 5 Private

MilitaryGovernment civilian

93.33. g Supplements to wages and salaries. _

— 1,8 Employer contributions for socialinsurance

Other labor income1.8

Proprietors' income807 2

Business and professionalFarm

79.0Rental income of persons

57.6Corporate profits and inventory valua-

4 tion adjustment - - -

Profits before tax .75.1

Profits tax liability..32 2 Profits after tax . .25 4 Dividends3 g Undistributed profits

807 . 2 Inventory valuation adjustment

712.7

514.1

464.8369.117.977.8

49.3

24.324.9

64.1

49.115.0

21.3

85.4

88.7

40.648.223.324.9

-3.3

27.8

769.5

564.2

509.0404.919.085.1

55.1

27.527.6

66.8

50.516.4

22.0

85.8

91.2

42.748.524.723.9

-5.4

30.7

764.0

557.5

502.9401.218.483.4

54.6

27.327.3

66.7

50.516.2

22.0

87.4

93.4

43.849.724.425.2

-6.0

30.4

779.5

572.2

516.4409.919.986.6

55.8

27.927.9

67.5

50.916.6

22.1

86.8

89.9

42.147.925.022.9

-3.2

31.0

785.2

582.1

525.3417.219.688.5

56.8

28.328.5

67.2

50.616.6

22.3

82.0

88.5

41.447.125.221.9

-6.5

31.7

791.5

592.2

534.4422.620.191.7

57.9

28.629.3

67.6

50.617.0

22.5

76.7

82.6

38.044.625.219.4

-5.8

32.4

797.4

596.4

537.4424.019.593.9

59.0

29.030.0

67.8

51.216.5

22.6

77.5

82.0

38.143.925.118.8

-4.5

33.1

807.2

603.8

543.4428.919.195.4

60.4

29.630.8

67.8

51.716.1

22.7

79.0

85.0

39. 045.425.420.0

-5. «.)

33.8

Table 5.—Gross Auto Product in Current and Constant Dollars(1.15, 1.16)

Table 7.—National Income by Industry Division (1.11)

Gross auto product 1

Personal consumption expenditures-

Change in dealers' auto inventories..

Net exportsExportsImports

Addenda:New cars domestic 2

New cars foreign

Gross auto product L

Personal consumption expenditures .Producers' durable equipmentChange in dealers' auto inventories-

Net exportsExportsImports

Addenda:New cars, domestic 2

New cars, foreign

Billions of current dollarsAll industries, total

36.1

30.25.31.1

-.82.02.8

32.54.4

36.6

31.85.6.1

-1.12.23.4

32.25.6

34.8

31.55.6

-1.2

-1.42.33.7

30.85.5

37.6

31.65.61.4

-1.42.43.7

33.55.6

35.8

32.55.7

-1.1

-1.62.03.6

30.76.5

31.1

28.95.1

-1.7

-1.52.03.4

26.46.2

35.4

30.45.4.8

-1.42.64.0

30.76.7

34.7 Agriculture, forestry, and fisheriesM ining and construction .

29 <) Manufacturing5 3 Nondurable goods

7 Durable goods

— 1 4 Transportation2 3 Communication3 7 Electric, gas, and sanitary services _

Wholesale and retail trade

30. 8 Finance, insurance, and real estate5 3 Services

Government and government enter-1 prises _ _

Billions of 1958 dollars Rest of the world

35.3

29.55.31.1

-.82.02.8

32.24.4

35.0

30.35.4.1

-1.12.23.3

31.45.5

33.3

30.25.4

-1.2

-1.42.33.6

30.15.4

35.8

30.15.41.4

-1.32.43.7

32.75.5

33.9

30.85.5

-1.1

-1.52.03.5

29.86.3

29.2

27.14.91.6

-1.41.93.4

25.36.0

33.2

28.55.1.8

-1.42.53.9

29.56.4

1. The gross auto product total includes government purchases.2. Differs from the gross auto product total by the markup on both used cars and 1

cars.* Third quarter 1970 corporate profits (and related components and totals) are prelin

712.7

22.442.7

213.081.8

131.2

27.114.213.4

106.4

77.986.0

104.7

769.5

24.347.4

226.287.0

139.3

29.215.914.2

115.2

83.595.3

114.1

764.0

24.147.1

226.087.0

139.0

29.016.014.0

114.7

83.094.3

111.7

779.5

24.548.0

228.887.5

141.3

29.515.914.6

116.8

84.296.5

116.7

785.2

24.848.9

227.388.5

138.9

30.116.114.2

117.2

85.398.4

118.6

791.5

25.249.1

223.688.8

134.8

29.915.914.2

118.9

86.5101.2

122.5

797.4

24.849.1

222.988.7

134.2

29.416.214.3

121.5

87.4103.4

124.63.9

807.2

32.127 6 Table 8. — Corporate Profits (Before Tax) and Inventory Valuation5.0 Adjustment by Broad Industry Groups (6.12)

— 1 4 All industries total2.23 6 Financial institutions

Nonfi nancial corporations _29.35. 1 Manufacturing

Nondurable goods.Durable goods..

Transportation, communication, andoreign public utilities

All other industrieslinary

85.4

11.0

74.4

42.419.123.3

11.021.0

85.8

12.0

73.8

41.819.322.4

10.721.4

87.4

11.9

75.4

42.919.923.0

10.821.8

86.8

12.2

74.6

41.819.122.7

10.622.2

82.0

12.2

69.8

39.119.020.0

10.320.4

76.7

12.0

64.7

35.218.316.9

9.120.4

77.5

12.3

65.2

35.518.217.2

8.621.1

79.0

12.8

66.3

12 SURVEY OF CTJRKENT BUSINESS November 197Q

1968 1969

1969

II III IV

1970

I II III*


Billions of dollars

1968 1969

1969

II III IV

1970

I II III


Billions of dollars

Table 9.—Gross Corporate Product1 (1.14) Table 10.—Personal Income and Its Disposition (2.1)

Gross corporate product -

Capital consumption allowancesIndirect business taxes plus transfer

payments less subsidies. ,. . _ ..

Income originating in corporate busi-

P Qflt'rvn nf nlnvpWages and salaries

PP

Corporate profits and inventoryvaluation adjustment

Profits before taxProfits tax liabilityProfits after tax

Dividends

Inventory valuation adjustment ..

Cash flow, gross of dividends

Gross product originating infinancial institutions

Gross product originating innonfinancial corporations

Indirect business taxes plus transferpayments less subsidies

Income originating in nonfinancialcorporations

Wages and salaries . . .

Net interest

Corporate profits and inventoryvaluation adjustment

Profits before taxProfits tax liability . . . .Profits after tax

DividendsUndistributed profits

Inventory valuation adjustment- .

Cash flow, gross of dividendsCash flow, net of dividends . .-

Gross product originating innonfinancial corporations

Current dollar cost per unit of1958 dollar gross productoriginating in nonfinancialcorporations 2

Capital consumption allowancesIndirect business taxes plus transfer

payments less subsidies _ _ - . . .Compensation of employeesNet interest

Corporate profits and inventory valu-ation adjustment

Profits tax liabilityProfits after tax plus inven-

y j

492.8

46.5

44.8

401.5319.2284.334.9

.9

81.584.840.644.221.822.4-3.3

90.768.9

22.5

470.2

45.1

42.9

382.2301.2268.632.6

10.5

70.473.734.739.020.618.4

-3.3

84.163.5

531.2

49.8

48.6

432.9349.7310.838.9

1.9

81.386.842.744.123.021.0-5.4

93.870.8

24.7

506.5

48.3

46.5

411.8329.9293.536.3

12.6

69.474.836.138.721.617.1

-5.4

87.065.3

528.9

49.3

48.1

431.4346.6308.038.5

1.8

83.189.143.845.422.922.5-6.0

94.771.8

24.6

504.3

47.9

46.0

410.4326.9290.936.0

12.4

71.177.237.240.021.518.4

-6.0

87.866.3

537.7

50.1

49.3

438.2354.1314.739.4

2.0

82.285.342.143.323.319.9

-3.2

93.470.1

24.9

512.8

48.6

47.2

417.0334.1297.336.8

12.9

70.073.235.337.821.915.9

-3.2

86.564.6

539.7

51.0

49.9

438.8359.5319.639.9

2.1

77.383.841.442.423.518.9

-6.5

93.469.9

25.1

514.6

49.5

47.7

417.4339.1301.837.3

13.3

65.171.634.637.022.015.1

-6.5

86.564.5

539.7

52.0

50.7

437.1363.2322.640.6

2.3

71.677.438.039.423.316.2

-5.8

91.468.2

25.3

514.4

50.4

48.4

415.5342.3304.437.9

13.6

59.665.431.134.321.812.5

-5.8

84.762.9

544.0

53.0

51.7

439.3363.8322.841.0

2.4

73.077.538.139.523.416.0

-4.5

92.569.0

25.6

518.4

51.4

49.4

417.5342.9304.638.3

13.9

60.765.231.034.222.012.3

-4.5

85.663.7

Billions of 1958 dollars

415.1 432.5 432.9 435.6 433.0 428.4 427.7

Dollars

1.133

.109

.103

.726

.025

.170

.084

.086

1.171

.112

.107

.763

.029

.160

.083

.077

1.165

.111

.106

.755

.029

.164

.086

.078

1.177

.112

.108

.767

.030

.161

.081

.080

1.188

.114

.110

.783

.031

.150

.C80

.070

1.201

.118

.113

.799

.032

.139

.073

.067

1.212

.120

.116

.802

.033

.142

.072

.069

552.0Personal income - . .

54.0Wage and salary disbursements

52.9 Commodity-producing industries-Manufacturing

Distributive industries445 i Service industries368 1 Government326.142 0 Other labor income

2 5 Proprietor's income. _Business and professionalFarm ... .

74.4804 Rental income of persons39 e Dividends40 8 Personal interest income23.717 i Transfer payments ... -.

—5. 9 Old age, survivors, disability, andhealth insurance benefits

94.8 State unemployment insurance71.1 benefits

Veterans benefitsOther. .

Less: Personal contributions forsocial insurance

525.6Less: Personal tax and nontax pay-

52 3 ments

50. 6 Equals : Disposable personal income. - .

Less : Personal outlays . . . .422. 6 Personal consumption expenditures _346 8 Interest paid by consumers307. 6 Personal transfer payments to for-39 2 eigners

14. 2 Equals: Personal saving

61.6 Addenda:67- 6 Disposable personal income:32. 1 Total billions of 1958 dollars35. 5 p^ capita current dollars22. 2 per capita 1958 dollars13. 3

—5.9 Personal saving rate,3 percent

65.6

Personal consumption expendi-tures _

428.9Durable goods

Automobiles and parts

Other

Nondurable goods

1.226 Food and beveragesClothing and shoes

. \.£i& Gasoline and oilOther , . ... -.

.118 "

.809 services.033 aervices

Housing. _ . ...Household operation

• °75 OtherP

688.7

464.8181.5145.9109.278.495.7

24.9

64.149.115.0

21.323.354.0

59.0

30.3

2.17.2

19.5

22.8

97.5

591.2

550.8535.814.3

.7

40.4

499.02,9392,480

6.8

748.9

509.0197.5157.5119.887.7

104.1

27.6

66.850.516.4

22.024.759.7

65.1

33.0

2.18.3

21.6

26.0

117.3

631.6

593.9577.515.7

.8

37.6

511.53,1082,517

6.0

741.1

502.9196.0156.4118.586.7

101.7

27.3

66.750.516.2

22.024.459.0

64.5

32.9

1.98.4

21.4

25.8

118.1

623.0

589.7573.315.6

.8

33.3

507.53,0702,501

5.3

758.1

516.4199.9159.7121.388.7

106.5

27.9

67.550.916.6

22.125.060.1

65.5

33.1

2.28.3

21.8

26.4

117.5

640.6

598.7582.115.8

.9

42.0

515.93,1482,535

6.5

770.5

525.3202.5160.8123.890.9

108.1

28.5

67.250.616.6

22.325.261.9

67.0

33.5

2.38.7

22.4

26.8

119.9

650.6

609.6592.616.1

.8

41.1

517.83,1882,537

6.3

782.3

531.9202.7160.7125.993.9

109.3

29.3

67.650.617.0

22.525.263.4

69.8

34.2

2.99.0

23.8

27.4

117.0

665.3

620.5603.116.4

.9

44.8

522.93,2522,556

6.7

801.3

539.5201.5159.6127.095.5

115.5

30.0

67.651.216.5

22.625.164.5

79.4

41.5

3.69.5

24.9

27.7

117.7

683.6

632.1614.416.8

1.0

51.5

532.03,3332,594

7.5

807.2

543.8201.9159.7129.797.3

114.9

30.8

67.851.716.1

22.725.466.0

78.7

39.0

4.39.7

25.8

28.0

114.2

693.0

640.2622.117.2

1.0

52.7

534.23,3692,597

7.6

ption Expenditures by Major Type (2.3)

535.8

84.0

37.234.612.3

230.2

115.146.119.050.0

221.6

77.431.215.697.5

577.5

90.0

40.336.713.1

245.8

121.749.921.153.2

241.6

84.033.916.7

107.1

573.3

90.6

40.037.213.4

244.0

120.850.020.852.4

238.7

83.033.316.5

105.9

582.1

89.5

40.236.712.6

248.1

122.450.721.553.5

244.5

84.734.516.8

108.5

592.6

90.8

41.136.912.7

252.0

124.650.921.754.9

249.8

87.034.817.1

110.9

603.1

89.1

37.738.313.1

258.8

128.851.322.456.3

255.2

89.035.217.7

113.3

614.4

91.9

39.438.913.6

262.6

131.251.822.756.9

259.9

90.835.917.9

115.4

622.1

91.2

39.238.113.9

265.8

132.352.323.058.3

265.1

92.636.918.2

117.4

1. Excludes gross product originating in the rest of the world.2. This is equal to the deflator for gross product of nonfinancial corporations, with the

decimal point shifted two places to the left.3. Personal saving as a percentage of disposable personal income.* Third quarter 1970 corporate profits (and related components and totals) are preliminary

and subject to revision next month.

Table 12.—Foreign Transactions in the National Income andProduct Accounts (4.1)

Receipts from foreignersExports of goods and servicesCapital grants received by the United

States

Payments to foreignersImports of goods and servicesTransfers to foreigners

PersonalGovernment

Net foreign investment _

50.650.6

50.648.12.8.7

2.1-.3

55.555.5

55.553.62.8.8

2.1-.9

57.257.2

57.255.93.2.8

2.5-2.0

58.358.3

58.355.62.8.9

1.9-.1

58.858.8

58.856.22.9.8

2.1— 3

62.061.1

.9

62.057.62.8.9

1.91.6

63.762.8

.9

63.758.73.01.01.92.0

63.762.8

.9

63.758.62.91.01.92.1

November 1970 SUEVEY OF CURRENT BUSINESS 13

1968 1969

1969

II III IV

1970

I II III*


Billions of dollars

1968 1969

1969

II III IV

1970

I II III

Seasonally adjusted

Index numbers, 1958=100

Table 13.—Federal Government Receipts and Expenditures (3.1, 3.2) Table 16.—Implicit Price Deflators for Gross National Product (8.1)

Federal Government receipts

Personal tax and nontax receiptsCorporate profits tax accrualsIndirect business tax and nontax

accrualsContributions for social insurance. ..

Federal Government expenditures

Purchases of goods and servicesNational defense . . .Other

Transfer payments ... ...To personsTo foreigners (net)

Grants-in-aid to State and local gov-ernments _ . - . _ _

Net interest paidSubsidies less current surplus of gov-

ernment enterprisesLess: Wage accruals less disburse-

ments. .

Surplus or deficit (-), nationalincome and product accounts

175.4

79.337.5

18 040.7

181.6

99 578.021 5

47.845 72 1

18.411 8

4.1

o

-6.2

200.6

95.939 2

19 146.5

191.3

101 378 822 6

52 150 02 1

20 213 1

4 6

o

9.3

202.5

97.340 2

19 046.0

189.1

99 877 921 9

52 249 8

2 5

19 612 9

4 6

o

13.4

200 8

95.638 6

19 547.0

192.5

102 579 822 7

52 250 31 9

20 013 2

4 6

o

8.3

202 0

96.938 1

19 347.7

195.9

102 178 823 3

53 351 22 1

21 813 9

4 9

o

6.1

195 9

93.434 8

19 348.4

197.7

102 379 323 0

55 353 41 9

23 014 3

5 3

2 5

-1.7

196.7

93.534 9

19 448.9

210.9

99 776 822 9

64 462 42 0

25 114 3

5 3

2 1

-14.2

195.5

89.436.3

20 149.7

206.7

98 675 822 9

62 961 01 9

24 414 8

5 6

4

—11.2

Table 14.—State and Local Government Receipts and Expenditures(3.3, 3.4)

State and local government receipts

Personal tax and nontax receiptsCorporate profits tax accrualsIndirect business tax and nontax

accrualsContributions for social insuranceFederal grants-in-aid

State and local government expendi-tures

Purchases of goods and servicesTransfer payments to personsNet interest paidLess: Current surplus of government

enterprises

Surplus or deficit (— ), nationalincome and product accounts

106.3

18.33 1

60 16.4

18 4

107.4

100.710 0

2

3.4

-1.1

118.3

21.43 5

66 17.1

20 2

118 9

110.811 5

1

3 6

-.6

116.3

20.83 6

65 37.0

19 6

117 9

110.111 2

I

3 6

-1.5

119.6

21.93 4

67 17.2

20 0

119 8

111.611 7

2

3 6

-.3

123.9

23.03 3

68 47.4

21 8

122 9

114.212 2

2

3 7

1.0

127.3

23.63 2

70 07.5

23 0

126 8

117.412 9

' 2

3 7

.5

132.0

24.23 2

71 77.7

25 i

128 7

118.713 5

3

3 8

3.4

133.7

24.93 3

73 27.9

24 4

133 0

122.414 1

3

3 8

.7

Table 15.—Sources and Uses of Gross Saving (5.1)

Gross private saving

Personal savingUndistributed corporate profitsCorporate inventory valuation ad-

justment- .Corporate capital consumption

allowancesNoncorporate capital consumption

allowancesWage accruals less disbursements

Government surplus or deficit (— ) ,national income and productaccounts... .

FederalState and local

Capital grants received by the UnitedStates. -.

Gross investmentGross private domestic investment ..Net foreign investment

Statistical discrepancy ...

135 9

40 424.9

—3 3

46 5

27 5.0

—7.3—6 2— 1 1

126.2126.5

— 3

-2.4

135 0

37 623.9

—5 4

49 8

29 1.0

8 79 3

— 6

138.9139.8

— 9

—4.7

130 7

33 325.2

6 0

49 3

28 9.0

11 813 4

— 1 5

137 3139.3—2 0

—5.3

141 1

42 022.9

3 2

50 1

29 3.0

8 08 3

3

143 6143.8_ i

—5 5

137 1

41 121.9

6 5

51 0

29 7.0

7 16 11 0

139 9140.2

3

—4 3

140 5

44 819.4

5 8

52 0

30 2.0

1 21 7

5

9

134 8133.2

1 6

—5 4

149 4

51 518.8

4 5

53 0

30 6.0

10 914 23 4

9

136 3134.3

2 0

3 1

151 8

52 720.0

5 9

54 0

31 1.0

10 511 2

7

9

140 4138.3

2 i

— 1 8

Gross national product _ _ _ .

Personal consumption expenditures

Durable goodsNondurable goodsServices -

Gross private domestic investment

Fixed investment

NonresidentialStructuresProducers' durable equipment . _

Residential structuresNonfarmFarm

Change in business inventories

Net exports of goods and services

ExportsImports

Government purchases of goods andservices

Federal - ... ...State and local

122.31

118.5

103.3117.1127.1

120.4

117.5130.3111.9

129.7129.8125.9

110.9107.5

135.0

126.4144.7

128.11

123.5

106.0122.2133.1

126.2

122.8141.1115.1

137.7137.8132.3

114.6111.1

143.5

133.9153.7

127.22

122.8

105.7121.5132.3

125.4

121.6139.5114.4

137.4137.5131.1

112.7109.5

141.9

131.7152.6

128.97

124.2

106.4122.9133.8

127.1

123.9143.3115.6

138.9139.0133.6

114.6111.2

145.4

136.3154.9

130.52

125.6

107.0124.5135.5

128.0

125.1144.7116.8

139.3139.4135.1

117.7114.5

147.5

138.4156.7

132.57

127.2

107.8125.9137.3

129.6

126.8146.4118.4

140.6140.7136.7

117.5114.9

151.5

143.8158.9

133. 98

128.5

108.2127.1139.3

131.0

128.2150.0119.2

142.4142.5137.9

118.8116.2

154.6

147.0161.5

135.50

129.7

109.2127.7141.1

133.3

130.2154.8120.4

145.7145.8141.5

120.8119.9

157.2

149.1164.5

Table 17.—Implicit Price Deflators for Gross National Product byMajor Type of Product (8.2)

Gross national product.Final sales

Goods outputDurable goodsNondurable goods..

ServicesStructures..

Addendum:Gross auto product.

122.31122.4

113.1108.6116.4

133.5131.3

102.4

128.11128.2

117.3111.9121.4

140.8140.8

104.7

127.22127.3

116.8111.4120.9

139.3139.9

104.4

128.97129.2

117.8112.3122.1

142.0142.7

105.0

130.52130.6

119.2113 2123.7

143.9143.7

105.6

132.57132.6

120.6114.2125.2

146.5145.7

106.6

133.98134.1

121.4114.6126.3

148.7148.5

106.5

135.50135.6

122.4115.8127.3

150.3153.1

108.2

Table 18.—Implicit Price Deflators for Gross National Product bySector (8.4)


Private. - ...

BusinessNonfarmFarm

Households and institutions

General government

122.31

118.92

118.0118.4107.3159 1

159.1

128.11

124.22

123.1123.4116.9171.9

170.8

127.22

123.55

122.5122.6118.4

167.6

128.97

124.90

123.8124.0117.6

173.6

130.52

126.32

125.2125.3121.6

176.5

132.57

127.96

126.8126.8127.5

182.9

133.98

129.24

128.0128.2124.0

185.9

135.50

130.73

129.5129.8121.9

187.9

Table 19.—Gross National Product: Change From Preceding Period

* Third quarter 1970 corporate profits (and related components and totals) are preliminaryand subject to revision next month.

Gross national product:Current dollars . .-Constant dollarsImplicit price deflator

Gross private product:Current dollarsConstant dollarsImplicit price deflator

Percent

9.04.84.0

8.64.93.6

7.72.84.7

7.52.94.5

Percent at annual rate

7.32.25.0

7.22. 14.9

8.42.75.6

7.12.64.4

3.9-.94.9

3.6-1.0

4.6

3.3-2.9

6.4

2.1-3.0

5.3

4.9.6

4.3

4.7.7

4.1

6.11.44.6

6.41.64.7

By: R. DAVID BELLI

Sources and Uses of Funds of Foreign Affiliatesof U.S. Firms, 1967-68

Foreign affiliates of U.S. firms hadincreased sources and uses of funds in1968. However, their reliance on fundsfrom the U.S. was reduced, probablyreflecting the impact of the ForeignDirect Investment Program.

A HIS article presents data on sourcesand uses of funds of foreign affiliates ofU.S. firms for 1967 and 1968.1 Sourcesand uses totaled $10.7 billion in 1968(excluding income paid out), a rise of$1.6 billion over 1967. Most of the risewas used for building up inventoriesand current receivables, while invest-ment in property, plant and equipmentrose only slightly from 1967. Funds ob-tained from the United States fell,probably reflecting the impact of theForeign Direct Investment Programwhich was made mandatory in 1968.Funds obtained abroad rose; while theProgram may have contributed to thisrise, other factors were probably moreimportant. Retained earnings and de-preciation and depletion also rose, butremained about the same portion oftotal sources.

The data presented here are relatedto the capital and income flows in thebalance of payments accounts, but thereare differences in concept and in cover-age. Essentially, sources and uses ac-counts are oriented towards an overviewof the financial developments of theforeign affiliates, rather than only flowsbetween U.S. parents and affiliates.Sources of funds include all retainedearnings, depreciation and depletion,all funds received from the UnitedStates (not only those the affiliates re-

1. The last report, covering 1965, appeared in the SURVEYin January 1967.

14

ceived from their U.S. parents), andfunds received from foreigners. Uses offunds include property, plant, andequipment expenditures of the affiliates,changes in inventories and in currentreceivables. The relation betweenbalance of payments flows and thesedata are discussed in detail at the endof this article.

In respect to coverage, the data dis-cussed here are based on annual reports

from about 450 U.S. parent companiescovering approximately 4,000 foreignaffiliates; in contrast, the balance ofpayments reports cover more than twiceas many parent firms and foreign af-filiates. Furthermore, this report islimited to three industries—mining andsmelting, petroleum, and manufactur-ing—while all industries are included inthe balance of payments data.

No attempt has been made to expand

Foreign Affiliates' Adjusted Sources and Uses of Funds: Percent Distribution*

CHART 8

SOURCES USESPercent100

80 -

60 -

Funds From U.S.

Funds Obtained Abroad

1963 64 1963 64 66 67 68

* Adjusted sources or adjusted uses of funds equals total sources or uses less income paid out.The adjusted amounts represent the funds available for internal use by the affiliates.



the 1967 and 1968 reported data onsources and uses to figures representingthe universe of foreign affiliates, nor isthe data for 1963-65, which is also in-cluded, expanded. While these data donot constitute a measure of total flowsor absolute amounts, they do representa reasonably consistent, but unmatched,sample of larger firms, giving a rela-tively accurate impression of the trendin the foreign affiliates' sources and usesof funds. When originally published, the1963-65 data were blown up on thebasis of the benchmark given by the1957 census of direct investments. How-ever, it was felt that 1957 was not asuitable benchmark for the 1967-68data. Sources and uses data for a newbase year have been collected—alongwith much other information—in thecensus of U.S. direct investment for1966; these data cover about 3,500 U.S.parents and almost 25,000 foreign af-filiates. When processing of the 1966census is completed, the sources anduses figures for 1967 and 1968 will berevised to incorporate the new bench-mark information.

UsesTotal uses of funds amounted to $14.5

billion in 1968, of which $3.7 billionwas income paid out; if this is excluded,

adjusted uses were $10.7 billion (tables1 and 2). Of the adjusted total, 64 per-cent went for expenditures on property,plant, and equipment, 8 percent tofinance increased inventories, 14 percentto finance increased current receivables,and 14 percent for other assets.

The rise in adjusted uses in 1968 was$1.6 billion. However, expenditures forproperty, plant, and equipment in-creased only $0.1 billion. There wasconsequently a fall in such expendituresas a percent of adjusted uses in 1968.Expenditures in the developed countriesshowed sizable declines in 1968, offsetby increases in the less developedcountries. The drop in Europe was par-ticularly noticeable. This may havebeen partly related to the direct invest-ment program, since controls are morestringent on outflows to developedcountries. However, cyclical factorswere probably more important. Eco-nomic growth in Europe was quite slowin 1967 (particularly in Germany), andthe renewal of growth in 1968 evidentlydid not require an acceleration in plantand equipment expenditures, given theamount of unused capacity.

Financing increased inventories tookonly 2 percent of adjusted uses of fundsin 1967, down sharply from the 1965share, but jumped to 8 percent in 1968.

A substantial part of the increase ininventories in 1968 took place inEurope, and particularly in the UnitedKingdom, with a shift from liquidationof inventories in 1967 to a sizable build-up in 1968. Current receivables showeda similar pattern, with a particularlynoticeable shift again in the UnitedKingdom.

While the shares of funds used for in-ventories and current receivables moverather erratically, the reduction of bothin 1967 and their recovery in 1968 mayhave been associated with two par-ticular developments. The first is thatbusiness conditions in Europe were rela-tively slow in 1967, which would reducethe need for increases in inventoriesand receivables. The second factor wasprobably anticipations of the devalua-tion of sterling (which occurred in late1967) and the accompanying leads andlags in trade payments.

Funds obtained abroad by affiliatesin the United Kingdom showed a sharpdrop in 1967 as a percent of adjustedsources, and then recovered in 1968.The swing was concentrated in short-term liabilities to nonbanks, a good partof which is trade credits (table 3). Tothe extent that such credits were de-nominated in dollars, British affiliateswould have had an incentive to reduce

Table 1.—Sources and Uses of Funds of U.S. Owned Foreign Affiliates, 1965, 1967-68[Billion dollars or percent]

SOURCES OF FUNDS

Totalsources

Incomepaidout

Adjustedsources l Percent Retained

earningsPercent

Deprecia-tion anddepletion

Percent Fundsfrom U.S.

PercentFunds

obtainedabroad

PercentOther

sources andadjust-ments 2

Percent

Total:1965..1967-1968-

Europe:1965,.1967-1968-

Total:1965..1967-1968-

Europe:1965..1967..1968-

12.512.514.5

4.13.74.3

3.13.43.7

9.49.1

10.7

3.53.33.8

(100)(100)(100)

(100)(100)(100)

1.01.21.6

(10)(13)(15)

2.73.43.9

1.01.31.6

(29)(37)(36)

(38)(40)(41)

2.31.81.6

(24)(19)(15)

(25)(25)(13)

3.22.43.3

1.4.9

1.4

(34)(26)(31)

(40)(28)(35)

0.2.5.3

(3)(5)(3)

(1)(3)(3)

USES OF FUNDS

Totaluses

12.512.514.5

4.13.74.3

Incomepaid out

3.13.43.7

Adjusteduses *

9.49.1

10.7

3.53.33.8

Percent

(100)(100)(100)

(100)(100)(100)

Plant andequipment

expenditures

5.76.86.9

2.12.62.4

Percent Inventories

(61)(74)(64)

(59)(81)(62)

1.2.2

.4-.1

.3

Percent

(13)(2)(8)

(ID(-4)

(8)

Currentreceivables

1.3.9

1.5

Percent

(14)(10)(14)

(15)(10)(19)

Otherassets

1.21.21.6

Percent

(12)(14)(14)

(15)(13)(ID

1. Adjusted sources or adjusted uses of funds equals total sources or uses less income paid out. The adjusted amounts represent the funds available for internal use by the affiliates.2. This item reflects funds obtained through the sale of fixed assets, changes in certain reserve accounts, valuation adjustmsnts, and residual entries unidentified by reporters.


such liabilities in order to avoid laterrepayment that would be more expen-sive in terms of sterling; for the samereason, foreigners would not havewished to extend credits denominatedin sterling. Such a reduction in borrow-ing by British affiliates may have re-quired a reduction in their inventoriesand current receivables, unless othersources of funds were available. Domes-tic sources in the United Kingdom wereparticularly difficult to tap since lending

(in sterling) by British banks wasrestricted by a credit squeeze.

Although the amount of funds usedfor other assets increased in 1968, thepercentage share of these items of ad-justed uses remained unchanged at 14percent. No details are collected on theitems in this category, which alsocontains unidentified balancing items.

Sources

Adjusted sources rose $1.6 billion in

1968, of which internally generatedfunds—retained earnings and deprecia-tion and depletion allowances—con-tributed about $1.0 billion. However, inboth 1967 and 1968, foreign affiliatesprovided for about half of their financ-ing needs (exclusive of income paid out)from these internally generated funds.This had been the case since 1963,except for 1965 when the proportiontemporarily declined to 40 percent.Retained earnings rose as a proportion

Table 2.—Sources and Uses of Funds of U.S. Owned Foreign Affiliates by Area and

[Millions of

AH areas. ... ... .Mining and smelting.. ... .Petroleum .Manufacturing.. -

Canada..Mining and smeltingPetroleumManufacturing

Latin American Republics and Other Western Hemisphere.Mining and smeltingPetroleum. .Manufacturing. .. . ...

Europe;European Economic Community

Mining and smelting ...PetroleumManufacturing. .

Other Europe including U.KMining and smelting . . .Petroleum . . .M anuf actur ing

Other areasMining and smelting ...Petroleum ..Manufacturing

All areasMining and smeltingPetroleum .. .M anuf acturing .

CanadaMining and smelting .PetroleumM anuf acturing

Latin American Republics and other Western Hemisphere.Mining and smelting .Petroleum .Manufacturing ..

Europe:European Economic Community

Mining and smeltingPetroleum .Manufacturing .

Other Europe including U.K .Mining and smeltingPetroleum .Manufacturing . .

Other areas .Mining and smeltingPetroleumManufacturing

SOURCES OF

Total sources

1963

8,380677

4,3123,392

1,666333571762

1,527197835495

1,507

636872

1,1535

329819

2,527142

1,941444

1964

9,747905

3,9134,928

2,038450506

1,083

1,876259819797

1,7751

5171,2571,455

8377

1,070

2,603187

1,694721

1965

12,5101,1684,7476,595

2,656445651

1,560

2,202317852

1,033

2,2953

4881,8041,781

15444

1,322

3,577388

2,313876

1967

12,5421,4265,8005,316

2,527418794

1,316

1,940584733622

2,414

7531,6611,321

8568745

4,339416

2,952971

1968

14,4901,9256,2736,291

2,611737723

1,151

2,697801937959

2,3651

5661,7971,969

17580

1,372

4,848369

3,4671,012

Net income

1963

3,361374

1,8161,172

675161151364

746165475106

293

47246338

440

294

1,30944

1,103162

1964

3,805514

1,7351,556

863229184451

934225524185

322

-30351393

332

359

1,29357

1,025210

1965

4,112581

1,8281,702

852241162449

993248502243

318

-30348437

6-19449

1,51386

1,213213

1967

4,569841

2,1711,557

925283222420

1,050401478172

362

-31393243

3-92332

1,990155

1,594240

1968

5,383874

2,5261,983

1,027319210498

1,178411496271

3981

-51448412

6-78484

2,368137

1,949282

Depreciation and depletion

1963

2,044183895966

55295

209248

45370

280103

421

99322269

183

185

34917

224108

1964

2,498215

1,0641,219

623102192330

50774

297135

507

134373347

498

245

51435

343136

1965

2,749229

1,0961,423

681105214361

50885

274148

590

142448388

499

285

58335

367181

1967

3,387270

1,2711,846

800115231454

57588

304183

782

175606516

4126386

71463

435217

1968

3,864296

1,4772,091

864127230507

59589

319187

9031

229672663

4196464

83975

503261

USES OF

Total uses

1963

8,380677

4,3123,392

1,666333571762

1,527197835495

1,507

636872

1,1535

329819

2,527142

1,941444

1964

9,747905

3,9134,928

2,038450506

1,083

1,876259819797

1,7751

5171,2571,455

8377

1,070

2,603187

1,694721

1965

12, 5101,1684,7476,595

2,656445651

1,560

2,202317852

1,033

2,2953

4881,8041,781

15444

1,322

3,577388

2,313876

1967

12, 5421,4265,8005,316

2,527418794

1,316

1,940584733622

2,414

7531,6611,321

8568745

4,339416

2,952971

1968

14,4901,9256,2736,291

2,611737723

1,151

2,697801937959

2,3651

5661,7971,969

17580

1,372

4,848369

3,4671,012

Plant and equipment expenditures]

1963

3,632342

1,6821,609

958181433344

55688

250219

850

355495598

2224372

67071

420179

1964

4,613411

1,8862,316

1,185231362593

68799

290299

967

368599685

2218465

1,08879

648360

1965

5,689573

2,0403,077

1,394212471712

735130268338

1,175

275900907

4253651

1,477227773477

1967

6,776717

2,6223,437

1,612279546788

829211262356

1,640

5141,1261,007

5339663

1,688223961504

1968

6,889911

2,8483,130

1,479322538619

1,128376356397

1,3241

375948

1,0437

411625

1,914206

1,167542

Inventories

1963

505-182

424

51-10

1249

8641

81

153

51102124

4120

915

1472

1964

9386

64867

165-17

1181

1446

-16153

177

13163275

141

233

1781625

137

1965

1,2038463

1,057

2844312

230

3252627

272

15015

145237

1-6242

2071425

168

1967

22468

12630

135262089

118

-3315

38

55-17

-1691

21-191

2202363

134

1968

83449

223562

81142246

1681920

129

114

5856

218-121

198

25317

102134


of adjusted sources in 1968 but deprecia-tion and depletion fell slightly.

There was a sizable decline from 1965to 1968 in the financing of foreignaffiliates' operations from U.S. sources—parent companies, U.S. banks, othernonaffiliated U.S. residents, and salesin the United States of the affiliates7

securities. U.S. sources in 1965, at $2.3billion, accounted for 24 percent of ad-justed sources. The percentage declinedto 19 percent in 1967 and 15 percent in

Selected Industry, 1963-65, 1967-68

Dollars]

1968, when funds from the UnitedStates amounted to only $1.6 billion,$0.1 billion less than in 1967. The de-cline was concentrated mainly inEurope, particularly in manufacturingaffiliates. Canadian affiliates also useda smaller amount of U.S. funds in 1968,but affiliates in Latin America and inthe oil producing countries increasedtheir financing from U.S. sources.

The shift away from U.S. funds wasprobably associated with the Foreign

FUNDS

Funds from the United States

1963

1,10731787288

16899168

182-3889130

240

1875410118614

4165933422

1964

1,04020520499

156514857

15-67-27108

4261

2172082021

17724

24134105102

1965

2,250110903

1,238

55116219316

133-33-96262

5612

177383319

180138

686125423139

1967

1,75288

1,002662

242-3698181

174395382

3751

1881864375

40726

52380256188

1968

1,647373

1,036238

12711453

-40

39519085120

165

128373332

332-1

62767438122

Funds obtained abroad

1963

1,74190690961

241739078

110-3-50163

517

272244446—2122325

42722254151

1964

2,193140470

1,583

3075765185

407253

379

494

174320469

40429

51658188270

1965

3,154236802

2,117

4977522400

50016124360

7951

1956006145

181429

748139280328

1967

2,384130

1,1251,129

42319206198

9916

-129212

834— 138245365-3109-42

96499557308

1968

3,339314

1,1871,838

539166212161

4767132373

849— 12476035014

116381

97474580320

Other sources and adjustments

1963

127—21246

29-5304

37241-6

36

306

-2

-31

271261

1964

2101512571

88101761

13222

-10

26

22544

3113

393332

1965

24412117115

7583234

6814820

30

42623

320

4733015

1967

45198230122

138383664

444028

-25

61

382260

1843

1492011018

1968

2566847141

53111725

534058

49

12376011544

4116— 227

FUNDS

Current receivables

1963

92331412480

1671232123

6951153

203

96107180131148

3041324249

1964

79349108636

146224480

229837184

131

130186130154

10218-388

1965

1,30340348914

3161641259

253834210

238277159279

63216

2171313470

1967

91812473432

109174646

52-22-2599

234-213310398o6338

42421256147

1968

1,46745375

1,047

2031879107

267356208

391

47345335154281

27024139107

Other assets

1963

70787303317

151531781

6513151

135

835210814760

2482015574

1964

64213185425

176821578

10117-589

268

9217589

4940

932

-6643

1965

1,177120440617

1824336103

1461912115

414

1033101322

10724

3035618265

1967

1,22560625540

189-6375178

2177110542

2332321991822

13842

4044827679

1968

1,556350576630

348214-19154

2909194105

244

6917517058778

50441346118

Income paid out

1963

2,613218

1,833563

3399778165

7518757391

167

50117143

I23119

1,21333

1, 10971

1964

2,762307

1,770685

36613284151

71512951273

233

43190222440178

1,22642

1,09193

1965

3,137351

1,855930

47913290257

74313451198

317

27290225g27189

1,37377

1,20096

1967

3,398568

1,953876

481159107215

841306425111

269

1925020327

194

1,603101

1,395107

1968

3,743570

2,251922

498170103226

843312411120

291

1727420267

190

1,90782

1,713112

Direct Investment Program which be-came mandatory in 1968. In fact, thesefigures probably understate the impactof the program since "funds from theUnited States" include funds borrowedabroad by U.S. parent companieswhich are then invested in the foreignaffiliates. Under the program, suchborrowing offsets the outflow from theUnited States and thus helps thebalance of payments.

"Funds obtained abroad" rose almost$1.0 billion in 1968 and accounted for 31percent of adjusted sources. This was ahigher proportion than in 1967 (26 per-cent), but still below the 1965 figure (34percent). Some of the shift in 1968 mayhave been associated with the directinvestment program becoming manda-tory. However, there Avas little changein 1968 in the volume of such flows inthe EEC countries where the programwas most stringent. The shifts werelargest in Latin America (where theprogram was least stringent) and inEurope other than the EEC. Thisincludes the United Kingdom—wherethe shift was most likely associatedwith a reversal of the flows in 1967 thathad been generated by anticipations ofthe devaluation of sterling. The in-creases in inventories and currentreceivables associated with the re-covery in business conditions mentionedearlier may have also been a factorincreasing the need for borrowing fromabroad.

Concepts

Definitional differences between thebalance of payments and the sourcesand uses statistics are discussed below.There are also differences due to anumber of accounting and statisticalproblems, including foreign exchangelosses, different effective exchange ratesused to convert the accounts to U.S.dollars, and different accountingperiods.

Data on net income, income paidout, and retained income in the sourcesand uses statement include not onlythe U.S. parents' share but also theshare of foreign owners. Net income isreported after depreciation and deple-tion charges. The balance of paymentsstatistics, on the other hand, takeaccount only of the income paid out


(or retained earnings as used in calcu-lating the investment position) thatrepresents the U.S. share in the owner-ship of the foreign enterprise and arereported after depreciation but beforedepletion charges.

The data classified under "fundsfrom United States" for sources includethe financing of foreign affiliates bytheir U.S. parent companies and sales

of new securities to the public, fundsfor the establishment of a new enter-prise by a parent, funds from other U.S.residents—such as lending by U.S. fi-nancial institutions (both private andgovernment)—and the extension ofcredit by U.S. suppliers. The lattertwo items are not included in directinvestment capital outflows (althoughthey are included, along with transac-

tions with nonaffiliated foreigners, else-where in the balance of payments). Onthe other hand, a significant part ofdirect investment net capital flows, asreported for balance of payments pur-poses, is not included in the sources offunds of affiliates. In particular, ex-penditures by parent companies for theacquisition of foreign business firms orminority interests are excluded because

Table 3.—Financing of Affiliates from External Foreign Sources, Area and Type of Financing by Selected Industry, 1963-65, 1967 and 1968

[Millions of dollars]

All areas

Funds from foreign affiliates . . .Borrowing from financial in-

stitutions ... .. .Long-termShort-term

Other foreign liabilities .Long-termShort-term

Issue of equity securities -.

Canada

Funds from foreign affiliates _ - _Borrowing from financial in-

stitutionsLong-term .Short-term ._ . ... .

Other foreign liabilitiesLong-term.. . .Short-term . . _. .

Issue of equity securities

Latin American Republics andother Western Hemisphere


stitutionsLong-termShort-term

Other foreign liabilitiesLong-term... ..Short-term


Europe:

European Economic Com-munity

Funds from foreign affili-ates . .

Borrowing from financialinstitutions

Long-term ...Short-term

Other foreign liabilitiesLong-termShort-term . .

Issue of equity securities. . .

Other Europe including UnitedKingdom

Funds from foreign affili-ates

Borrowing from financialinstitutions ..

Long-termShort-term ..

Other foreign liabilitiesLong-term. .Short-term . .

Issue of equity securities. ..

Other areas


stitutionsLong-term.Short-term

Other foreign liabilitiesLong-termShort-term


Total selected industries

1963

1,741

90

276n s sn.s.s.1,062n.s.s.n.s.s.

312

241

-19

51n.s.s.n.s.s.

161n.s.s.n.s.s.

48

110

-56

15n.s.s.11 S S

98n.s.s.n.s.s.

53

517

36

94n.s.s.n.s.s.

288n.s.s.n.s.s.

98

446

65

31n.s.s.n.s.s.

303n.s.s.n.s.s.

47

427

64

84n s sn.s.s.

212n.s.s.n.s.s.

66

1964

2,193

103

582n s sn.s.s.1,222n.s.s.n.s.s

287

307

2

57n.s.s.n.s.s.

216n.s.s.n.s.s.

37

407

6

89n.s.s.n.s.s.

261n.s sn.s.s.

51

494

154

73n.s.s.n.s.s.

200n.s.s.n.s.s

67

469

-18

182n.s.s.n.s.s.

251n.s.s.n.s.s.

55

516

-38

181n.s.s.n.s.s.

294n.s.s.n.s.s.

77

1965

3,154

248

1,183635548

1,491140

1,350232

497

17

1155363

31840

27847

500

31

1505991

28322

26035

795

54

37327896

30824

28361

614

118

31913018815618

13823

748

28

22511611042736

39167

1967

2,384

431

942549393786229558225

423

-14

27017892

119655547

99

-27

52-25438-74537

834

172

414129285227-223021

65

142

-3191

-122-88

6-94

41

964

158

23715384

489167322

79

1968

3,339

182

642380262

2, 259306

1, 953256

539

6

84120

-3641410131235

476

70

18212

17117824

15446

849

151

235

1862191

53054

501

-35

703931

43630

40630

974

-10

282204

7961060

55191

Mining and smelting

1963

90

12

6n.s.s.n.s.s.

55n.s.s.n.s.s.

17

73

1

n.s.s.n.s.s.

65n.s.s.n.s.s.

6

-3

-1

1n s sn.s.s.

— 7n.s.s.n.s.s.

5

-2

-1n.s.s.n.s.s.

-1n.s.s.n s s

22

12

6n.s.s.n.s.s.

_2n.s.s.n.s.s.

6

1964

140

-8

-7n.s.s.n.s.s

137n.s.s.n.s.s.

18

57

-6

-4n.s.s.n.s.s.

60n.s.s.n.s.s.

7

25

2

n s sn.s.s.

24n.s.s.n.s.s.

3

-1n.s.s.n.s.s.

1n.s.s.n s s

58

-2n.s.s.n.s.s.

52n.s.s.n.s.s.

8

1965

236

-6

534410

14940

10939

75

2

761

5815438

16

-7

422

184

14

1

1

1

5

14

139

-1

4236

767204731

1967

129

32

-11-26

1571324036

19

2

2

1515

16

6

-10-11

1154

115

-1

-1— 1

-3

2

2-5

-5

99

24

-5-17

1247143432

1968

314

40

867114

1368

12952

166

6262

1044065

71

41

1-5

5265

213

-1

-1

-1

4

2

22

-13

74

-1

221475

-364149

Petroleum

1963

688

-2

175n.s s.n.s.s.

370n.s.s.n.s.s.

144

90

-28

50n.s.s.n.s.s.

36n.s.s.n.s.s.

32

-50

-52

2n.s.s.n.s.s.

-4n.s.s.n s s

3

272

12

59n.s.s.n.s.s.

158n.s.s.n.s.s.

43

122

44

-2n.s.s.n.s.s.

59n.s.s.n.s.s.

22

254

22

66n.s.s.n.s.s.

121n.s.s.n s s

44

1964

470

42

189n.s s.n.s.s.

189n.s.s.n.s.s.

50

65

8

15n.s.s.n.s.s.

25n.s.s.n.s.s.

17

3

29

n.s.s.n.s.s.-29

n.s.s.n s s

1

174

89

22n.s.s.n.s.s.

58n.s.s.n.s.s.

6

40

-26

32n.s.s.n.s.s.

29n.s.s.n.s.s.

5

188

-57

118n.s.s.n.s.s.

106n.s.s.n s s

21

1965

802

193

1017228

51528

487-6

22

7

-21-21

441331-7

124

30

218

12723

692

195

68

3258

-26951283

181

97

1935

-16641

621

280

-9

50-858

240-1242_9

1967

1,125

227

49523326234810324656

206

5

96942

68195036

-129

-60

123

-72-33-39

2

382

17

26737

23089

-11100

9

109

125

4054

-15-58-5

-533

557

139

915042

321133188

6

1968

1,186

66

20615649

86216569751

212

802654

108753324

32

15

3-15

1813-114

247

67

-2728

-5519229

16414

116

-11

291315921

916

580

-5

12110417

45661

3957

Manufacturing

1963

962

79

96n.s.s.n.s.s.

636n.s.s.n.s.s.

152

78

7

2n.s.s.n.s.s.

60n.s.s.n.s.s.

10

163

-3

12n.s.s.n.s.s.

109n.s.s.n.s.s.

45

244

24

35n.s.s.n.s.s.

130n.s.s.n.s.s.

56

325

21

35n.s.s.n.s.s.

244n.s.s.n.s.s.

25

151

30

12n.s.s.n.s.s.

93n.s.s.n.s.s.

16

1964

1,583

70

399n.s.s.n.s.s.

896n.s.s.n.s.s.

219

185

-4

45n.s.s.n.s.s.

131n.s.s.n.s.s.

13

379

-21

87n.s.s.n.s.s.

266n.s.s.n.s.s.

47

320

66

51n.s.s.n.s.s.

142n.s.s.n.s.s.

61

429

8

150n.s.s.n.s.s.

221n.s.s.n.s.s.

50

270

21

66n.s.s.n.s.s.

136n.s.s.n.s.s.

48

1965

2,117

60

1,029518510828

73754199

400

9

1296861

21612

20446

360

8

1264878

19316

17733

600

-14

341219122212

1219960

429

20

30095

20487157221

328

37

1338845

12018

10238

1967

1,129

171

459342117368

95271132

198

-22

172829037316

11

212

26

61115095227230

453

154

1489255

14010

13012

-42

17

-7237

-109-25

12-37

38

308

-4

15112031

12120

10041

1968

1,838

76

350152198

1,261134

1,127152

161

6

-5832

-90201-1321511

373

14

17931

14813920

11942

603

84

50-23

7342963

36640

381

-24

392613

34230

31224

320

-4

1408654

15034

11535

N.s.s. Not shown separately.

November 1970

they go not to the affiliates but ratherto stockholders of the affiliates. Thus,they do not figure in the financial flowsentering an analysis of sources and usesof funds of the affiliates themselves.Also, earnings left abroad by branches ofU.S. companies are recorded in thebalance of payments as income (paidout) and as direct investment capitaloutflows; in sources and uses data theyare treated simply as retained earnings.

"Funds obtained abroad" includefunds obtained by foreign affiliatesfrom other foreign affiliates of the U.S.reporter. Also included, on a net basis,are funds obtained from foreign fi-nancial institutions, trade credits fromforeigners, sales or purchases of cap-ital stock of the foreign affiliate byforeigners, and other increases in li-abilities to foreigners. The sourcescategory "other sources and adjust-ments" includes sales of fixed assets,changes in certain reserve accounts, un-identifiable sources, and adjustmentsfor unrealized gains or losses due toexchange rate variations which the re-porter was unable to exclude from theother individual sources categories.

Plant and equipment expendituresrepresent gross outlays for fixed capital.Expenditures include acquisitions ofexisting fixed assets by affiliates, butexclude the sale of fixed assets (whichis reported in sources as "other sourcesand adjustments").

The use of funds for "inventories"refers to the net increase or decreasein book value of warehouse and factorystocks and in materials in process otherthan those classified as fixed assets bythe icporter. The increase in "currentreceivables" is the net change in re-ceivables due from foreign customers.(To the extent possible, receivablesfrom iionaffiliated customers in theUnited States are netted against theaffiliates' payables in "funds from theUnited States" under sources.) The netchange in "other assets" includes allother current assets, other non-fixedassets, and unspecified transactions.

Comparison with other data

In order to test whether these dataon affiliates' sources and uses of fundsmaintain a reasonable relationship toother information on direct investment

SUEVEY OF CURRENT BUSINESS

generated by OBE, an attempt wasmade, as far as possible, to reconcilethe two sets of data. The results areshown in table 4. While there are dis-tinct definitional differences that cannotbe adjusted for, the comparison shouldgive an indication of the extent to whichthe sample sources and uses datamaintains a consistent relationship tothe total flows reported in the balanceof payments statistics.

The initial comparison is betweendirect investment capital flows (line 33of table 1 in the balance of paymentsaccounts) and the funds reported ascoming from the United States in thesources and uses of funds statistics.The direct investment figures are ad-justed to exclude flows related to place-ment and amortization of foreign affili-ates' securities held by U.S. residentsother than the parent firms, and allliquidations of investments and acqui-sitions of existing foreign enterprises.

Funds from the United States re-ported as a source in the sources anduses are adjusted to exclude the portionof funds coming from the United Statesfrom other than parent companies.

Comparison of the two sets of dataon capital flows reveals that the balanceof payments data show consistentlyhigher outflows, partly reflecting much

19

more complete coverage of the balanceof payments reports (950 reportingparents compared with 450 parents).The balance of payments figures alsoinclude reinvested earnings in branches,while "funds from the United States"do not. The difference in dollar amountsfor the three industries combined is inthe range of $600 million to $750 milliona year, with the exception of 1967 whenthe difference was larger. Availableinformation gives no clear explanationof the 1967 figures. When 1966 and 1969data are available, more detailed recon-ciliations will be possible.

The earnings of foreign affiliates asderived from the balance of paymentsreports (column 3) represent the U.S.share of earnings for all U.S. foreigndirect investments in the selectedindustries. These are compared to totalearnings, both U.S. and foreign, givenby the sample of affiliates reportingsources and uses information (column4). While the differences in coverageand definition make any comparison ofmagnitudes meaningless, the rathersteady ratios between the different setsof data, even at the industry level,indicate that at the very least there is areasonable degree of consistency betweenbalance of payments data and thereports on sources and uses of funds.

Table 4.—Comparisons of Sources and Uses Data With Related Direct Investment Data

[Dollar values in millions]

All selected industries:19631964 . .196519671968

Mining and smelting:1963 .1964 ..19651967..1968 _ _ .

Petroleum:1963 .19641965..19671968

Manufacturing :19631964 .19651967-1968 .

Capital flows

Adjustedbalance ofpayments

(1)

1,6441, 6972, 5512,5072, 089

92150182418410

829797

1,0151,0711, 237

723750

1,3541,018

442

Reportedon sourcesand uses

(2)

1,065957

1,8611,4881,378

37424565

128

790522754934

1,049

238393

1,062489201

Difference

(D-(2)

579740690

1,019711

55108137353282

39275261137188

485357292529241

Ratio

d):(2)

1.541.771.371.681.52

2.493.574.046.433.20

1.051.531.351.151.18

3.041.911.272.082.20

Earnings

Balance ofpayments

(3)

3 7534,. 724,4234,9215,763

388512571746795

1, 8241,8081,8302, 1202,449

1,5411,8522, 0222,0552, 519

Reportedon sourcesand uses

(4)

3, 3623,8054,1114, 5695,383

374514581841874

1,8161,7351,8282, 1712, 526

1, 1721,5561, 7021,5571, 983

Ratio

(3): (4)

1.121.101.081.081.07

1.041.00.98.89.91

1.001.041.00.98.97

1.321. 191.191.321.27

1. See text for definitions of these items.

20 SUEVEY OF CUERENT BUSINESS November 1970

Sources and Uses of Funds, NonfarmNonfinancial Corporations

Revised estimates of the sources and uses of funds of nonfarmnonfinancial corporations are shown in the following table. Thesource for these statistics is the flow of funds accounts preparedby Board of Governors of the Federal Reserve System. Histor-ical data back through 1946 (annually) and 1952 (quarterly)were published in the November 1969 SURVEY. The latest re-visions affect the data only from 1967 onward, and bring theestimates of internal sources and of physical asset purchases intoline with the revised national income and product data publishedin the July 1970 SURVEY.

Table A.—Sources and Uses of Funds, Nonfarm Nonfinaneial Corporate Business, 1967—70[Billions of dollars!

Sources, total

Internal sources l

Undistributed profits l -Corporate inventory valuation ad-

justmentCapital consumption allowances !

External sources ...... . .

StocksBonds

MortgagesBank loans, n.e.c

Other loansTrade debt _

Profits tax liability.... .Other liabilities

Uses, total

Purchases of physical assets

Nonresidential fixed investmentResidential structuresChange in business inventories

Increases in financial assets

Liquid assetsDemand deposits and currency..Time deposits -U.S. Government securitiesOpen-market paperState and local obligations

Consumer creditTrade credit .Other financial assets

Discrepancy (uses less sources) . .

1967

94.4

61.5

21.1

-1.141.5

33.0

2.314.7

4.56.4

1.42.6

-4.15.2

85.5

72.0

62.52.37.3

13.5

.0-2.2

4.1-3.1

1.5-.4

.98.83.8

-9.0

1968

109.8

62.5

20.9

-3.344.9

47.3

-.812.9

5.89.6

3.65.7

3.76.9

103.5

76.9

67.52.47.0

26.6

10.11.32.21.84.5.4

1.714.8

.1

-6.3

1969

118.4

62.5

19.9

-5.448.0

56.0

4.312.1

4.310.9

6.210.9

.86.5

111.2

87.0

76.92.97.2

24.2

2.3.5

-7.8-1.4

8.72.3

1.317.33.4

-7.2

1967

I II III IV

1968

I II III IV

1969

I II III IV

1970

I II


94.0

60.5

20.5

-.140.2

33.5

.913.6

3.47.6

4.04.3

-.3-.1

81.2

73.2

62.11.49.7

8.0

-1.6-4.2

7.8-5.6

3.9-3.5

1.05.33.3

-12.8

77.9

60.4

20.2

-.841.0

17.4

1.913.7

4.35.8

1.1-.5

-16.77.9

70.4

68.6

61.82.44.5

1.8

-8.9-1.5

.0-7.0-1.0

.6

1.26.52.9

-7.5

96.8

61.8

20.2

-.441.9

35.0

2.817.4

5.13.6

-.61.5

-.45.7

90.3

71.8

62.42.66.8

18.5

5.12.93.8

-1.0-1.2

.6

1.19.23.0

-6.4

109.1

63.1

23.6

-3.342.8

46.0

3.614.0

5.38.8

1.24.9

1.07.2

99.9

74.3

63.62.78.0

25.6

5.2-5.9

5.01.34.1.7

.414.16.0

-9.2

110.0

59.0

20.7

-5.443.7

51.0

1.311.5

4.93.6

4.48.8

10.46.2

103.5

71.3

66.71.82.8

32.2

13.77.1

-1.87.6.1.8

1.815.21.4

-6.5

101.1

63.4

21.3

-2.644.7

37.8

-.613.4

4.96.7

2.2-.1

3.47.8

93.7

77.0

65.22.39.5

16.7

8.53.6

-3.2-.96.92.1

1.59.0

-2.3

-7.4

109.8

64.3

20.0

-.945.2

45.5

-1.912.1

5.99.8

5.18.3

-1.98.0

105.5

76.7

67.32.07.4

28.8

13.7— 1.2

9.51.76.2

-2.6

2.116.5

-3.5

-4.2

118.1

63.1

21.6

-4.245.7

55.0

-2.214.6

7.618.2

2.65.6

2. 95.7

111.3

82.4

70.73.48.3

28.8

4.5-4.3

4.1-1.3

4.71.3

1.118.64.6

-6.9

119.1

62.4

21.5

-5.946.8

56.6

.114.6

4.912.8

5.28.5

5.65.0

113.0

83.7

73.93.26.6

29.3

8.03.8

-7.26.12.92.4

1.618.31.4

-6.0

122.2

62.7

21.2

-6.047.6

59.4

2.412.5

4,414.0

9.014.5

-3.96.5

114.8

85.2

75.52.67.1

29.6

4.2.7

-7.6-3.211.72. 7

.918.26.2

-7.4

122.8

64.1

18.9

-3.248.3

58.7

5.610.5

3.89.3

8.813.2

.86.7

112.1

89.9

79.12.38.5

22.2

-3.0-1.7

-10.8-3.813.1

.2

1.418.55.3

-10.7

108.9

60.6

18.1

-6.549.1

48.2

9.110.7

4.27.3

2.07.0

.57.4

104.0

89.3

79.13.46.7

14.8

-.6-1.1-5.6-4.9

7.23.7

.714.1

.7

-4.9

119.9

60.1

15.8

-5.850.1

59.8

6.313.9

4.64.5

4.88.7

1.915.1

114.2

84.2

79.73.01.5

30.0

4.2-4.2-.7

-3.014.4

-2.2

1.517.76.5

-5.7

116.3

61.6

15.1

-4.551.1

54.7

6.222.7

4.33.3

3.86.8

-1.28.8

111.1

83.7

80.22.31.2

27.4

8.6-1.811.4-1.1

2.2-2.1

1.412.84.6

-5.2

1. The figures shown here for "internal sources," "undistributed profits," and "capitalconsumption allowances" differ from those shown for "cash flow, net of dividends," "un-distributed profits," and "capital consumption allowances" in the gross corporate producttable (p. 12 of this issue of the SURVEY) for the following reasons: (1) these figures include,and the statistics in the gross corporate product table exclude, branch profits remitted from

foreigners, net of corresponding U.S. remittances to foreigners; and (2) these figures excludeand the gross corporate product figures include, the internal funds of corporations whosemajor activity is farming.

Source: Board of Governors of the Federal Reserve System.

CURRENT BUSINESS STATISTICS

J.HE STATISTICS here update series published in the 1969 edition of BUSINESS STATISTICS, biennial statistical supplement to the SURVEYOF CURRENT BUSINESS. That volume (price $3.00) provides a description of each series, references to sources of earlier figures, and historical dataas follows: For all series, monthly or quarterly, 1965 through 1968 (1958-68 for major quarterly series), annually, 1939-68; for selected series,monthly or quarterly, 1947-68 (where available). Series added or significantly revised after the 1969 BUSINESS STATISTICS went to press are indicatedby an asterisk (*) and a dagger (f) , respectively; certain revisions for 1968 issued too late for inclusion in the 1969 volume appear in the monthlySURVEY beginning with the September 1969 issue. Also, unless otherwise noted, revised monthly data for periods not shown herein correspondingto revised annual data are available upon request.

The sources of the data are given in the 1969 edition of BUSINESS STATISTICS; they appear in the main descriptive note for each series, andare also listed alphabetically on pages 189-90. Statistics originating in Government agencies are not copyrighted and may be reprinted freely.Data from private sources are provided through the courtesy of the compilers, and are subject to their copyrights.

Unless otherwise stated in footnotes below, datathrough 1968 and descriptive notes are as shown inthe 1969 edition of BUSINESS STATISTICS

1967 1968 1 1969

Annual total

1967

III IV

1968

I II | III | IV

1969

I II III IV

1970

I | II III

Seasonally adjusted quarterly totals at annual rates

GENERAL BUSINESS INDICATORS—Quarterly Series

NATIONAL INCOME AND PRODUCT

Gross national product total f bil, $

Personal consumption expenditures, total do

Durable goods total 9- - - - doAutomobiles and parts doFurniture and household equipment do

Nondurable goods, total? doClothing and shoes -- - - - - do

Gasoline and oil do

Services total 9 __doHousehold operation - -- -doHousing -- doTransportation -do

Gross private domestic investment, total do

Fixed investment doNonresident ial do

Structures - doProducers' durable equipment -do

Residential structures - doNonfarm -_-- do

Change in business inventories - - -doNonfarm do

Net exports of goods and services doExports - do. __Imports - do

Govt. purchases of goods and services, total-.doFederal _ do

National defense -doState and local - - _-, do

By major type of product: fFinal sales, total do

Goods total doDurable goods doNondurable goods - -- -- -_do

Services do _Structures - do_ _ _

Change in business inventories doDurable goods - doNondurable goods - - do _

GNP in constant (1958) dollars

Gross national product, total t _ bil. $._

Personal consumption expenditures, total do _ _ .

Durable goods _ _ - do -Nondurable goods _ _ do _ _ _Services - do

Gross private domestic investment, total do —

Fixed investment _ . . _ _ doNonresidential doResidential structures - _ _ _ do

Change in business inventories do

Net exports of goods and services do.__

Govt. purchases of goods and services, total. -do...Federal doState and local do

793 9

492.1

73.130 531.4

215.042.3

108 517.6

204.029.171.814.5

116.6

108.483.328.055.325.124.58.27.5

5.246.241.0

180.190.772.489.4

785.7390.7156.5234.2316.578.6

8.24.73.5

675.2

430.1

72.9190.2167.0

101.2

93.573.220.47.7

3.6

140.274.765.5

865.0

535.8

84.037.234.6

230.246.1

115 119.0

221.631.277.415.6

126.5

118.988.729.659.130.329.77.67.5

2.550.648.1

200.299.578.0

100.7

857.4422.9170.4252.5347.187.4

7.65.72.0

707.2

452.3

81.4196.5174.4

105.7

98.875.523.36.9

.9

148.378.769.6

931 4

577.5

90,040 336.7

245.849.9

121 721.1

241.633.984.016.7

139.8

131.499.333.865.532.031.58.58.0

1.955.553.6

212.2101.378.8

110.8

922.9451.6183.9267.7377.693.8

8.56.42.1

727.1

467.7

84.9201.2181.6

111.3

104.180.823.37.2

.2

147.875.772.1

800.9

495.5

73.731. 231.3

215.542.7

108 417.7

206.329.272.314.6

118.6

109.983.327.955.426.626.08.77.8

5.646.340.7

181.391.473.089.9

792.2393.1157.6235.5319.779.4

8.75.63.1

678.9

431.6

73.3190.0168.3

102.4

94.272.921.38.3

4.2

140.775.465.3

815.9

502.5

75.331.132.5

217.142.5

109.518.1

210.130.173.714.6

123.0

113.084.128.056.228.828.310.08.5

4.046.842.8

186.593.674.792.9

805.9395.0158.5236. 5328.482.5

10.06.13.9

683.6

434.3

74.0190.3169.9

105.1

95.972.923.09.2

2.1

142.275.566.7

834.9

519.7

79.934 933.7

225.644.8

112.718.8

214.230.475.215.2

119.8

117.288.329.858.528.828.32.62.5

1.847.745.9

193.696.476.397.2

832.3411.6165.2246.4334.786.0

2.62.5.1

693.5

445.0

78.1195.5171.3

101.3

98.976.122.92.4

.8

146.477.568.9

858.1

529.1

82.636.034.1

227.645.2

114.718.6

218.930.876.615.3

127.3

117.086.428.957.530.630.110.410.3

3.450.747.3

198.398.977.899.4

847.8417.8168.0249.8343.186.8

10.47.13.2

705.4

448.4

80.2194.9173.2

107.1

97.673.823.89.5

1.5

148. 579.169.4

875.8

543.8

86.739.135.4

232.647.1

116. 119.2

224.531.577.915.6

126.5

118.388.329.459.029.929.48.28.1

3.453.249.8

202.1100.778.6

101.4

867.6429.0173.1255.9352.286.3

8.25.82.4

712.6

457.7

83.9197.9175.9

105.1

97.774.922.87.4

1.5

148.378.969.4

891.4

550.8

86.938.835.2

234.847.2

117.019.3

229.032.179.816.1

132.6

123.391.630.361.331.731.19.39.3

1.450.949.5

206.7101.979.2

104.7

882.1433.3175.3258.0358.490.5

9.37.22.1

717.5

458.1

83.2197.6177.4

109.5

101.077.123.98.5

— 2

150.079.470.6

907.6

561.8

89.139.835.8

239.247.9

119.120.3

233.532.781.416.2

136.0

128.795.732.663.133.032.47.47.3

1.347.846.5

208.5100.978.6

107.5

900.2440.9180.5260.4364.894.5

7.45.61.8

722.1

463.3

84.9199.7178.7

109.7

103.679.324.36.1

A

149.578.071.5

923.7

573.3

90.640.037.2

244.050.0

120.820.8

238.733.383.016.5

139.3

131.497.532.365.233.933.37.97.6

1.357.255.9

209.999.877.9

110.1

915.9448.8182.7266.1372. 394.8

7.96.71.2

726.1

467.1

85.7200.9180.5

111.5

104.880.224.76.6

-.3

147.975.872.1

942.6

582.1

89.540.236.7

248.150.7

122.421.5

244.534.584.716.8

143.8

132.4101.535.266.331.030.411.310.8

2.658.355.6

214.1102.579.8

111.6

931.2454.9184.8270.1383.093.3

11.37.93.5

730.9

468.7

84.1201.9182.7

114.1

104.281.922.39.9

.8

147.375.272.1

951.7

592.6

90.841.136.9

252.050.9

124.621.7

249.834.887.017.1

140.2

133.0102.635.167.530.429.87.26.5

2.658.856.2

216.3102.178.8

114.2

944.5461.7187.4274.3390.392.5

7.25.31.9

729.2

471.7

84.9202.4184.4

110.0

103.982.121.86.1

.9

146.673.872.9

959.5

603.1

89.137.738.3

258.851.3

128.822.4

255.235.289.017.7

133.2

131.6102.635.766.929.128.41.6.9

3.561.157.6

219.6102.379.3

117.4

957.9465.5185.5280.0400.192.3

1.6-.31.9

723.8

474.0

82.7205.6185.8

102.9

101.580.920.71.3

1.9

145.071.173.8

971.1

614.4

91.939.438.9

262. 651.8

131.222.7

259.935.990.817.9

134.3

131.2102.835.367.528.427.83.12.6

4.162.858.7

218.499.776.8

118.7

968.1471.8188.5283.3405.890.4

3.1-1.9

5.0

724.9

478.1

84.9206.6186.6

103.1

100.180.220.02.9

2.4

141.367.873.5

' 985. 5

r 622. 1

'91.2>-39.2'38.1

r 265. 852.3

r 132. 323.0

' 265. 1'36.9

92.618.2

r 138. 3

' 132. 7'103.6'35.0'68.6'29.2'28.6'5.5'5.0

'4.2'62.8'58.6

' 221. 0'98.6' 75. 8122.4

' 980. 0474.2188.3286.0413.292.6

'5.55.2.3

' 727. 4

' 479. 6

'83.6208.2

' 187. 8

' 104. 1

'99.679.6

'20.0'4.6

'3.1

' 140. 6'66.2'74.4

r Revised. v Preliminary. fRevised series. Estimates of national income andproduct and personal income have been revised back to 1967 (see p. 17 ff. of the July 1970

407-579 O - 70 - 3

SURVEY); revisions prior to May 1969 for personal income appear on p. 26 ff. of the July 1970SURVEY. 9 Includes data not shown separately.

s-1

S-2 SUEVEY OF CURRENT BUSINESS November 1970


1967 1968 1969

Annual total

1967

IV

1968

I II III IV

1969

I II III IV

1970

I II III IV

GENERAL BUSINESS INDICATORS—Quarterly Series—Continued

NATIONAL INCOME AND PRODUCT— Con.Quarterly Data Seasonally Adjusted at Annual RatesNational income total t bil. $

Compensation of employees total do

Wages and salaries, total doPrivate doMilitary doGovernment civilian do

Supplements to wages and salaries doProprietors' income, total 9 do

Business and professional 9 doFarm _ , . _ do

Rental income of persons do

Corporate profits and inventory valuation adjust-ment, total bil $

By broad industry groups:Financial institutions doNonfinancial corporations, total do

Manufacturing, total doNondurable goods industries doDurable goods industries do

Transportation, communication, and publicutilities bil. $

All other industries do

Corporate profits before tax, total doCorporate profits tax liability doCorporate profits after tax do

Dividends doUndistributed profits . . _ _ do

Inventory valuation adjustment doNet interest . doDISPOSITION OF PERSONAL INCOMEf

Quarterly Data Seasonally Adjusted at Annual RatesPersonal income, total bil. $Less: Personal tax and nontax payments doEquals: Disposable personal income doLess: Personal outlays® ._ ._ . _ doEquals: Personal saving§ do

NEW PLANT AND EQUIPMENTEXPENDITURES

Unadjusted quarterly or annual totals:!All industries bil. $

Manufacturing. doDurable goods industries 1 . doNondurable goods industries I... . do

Nonmanufacturing doMining . doRailroad doAir transportation doOther transportation doPublic utilities . do

Electric doGas and other do

Communication doCommercial and other. do

Seas. adj. qtrly. totals at annual rates:JAll industries. do

Manufacturing . doDurable goods industries f doNondurable goods industries f do

Nonmanufacturing doMining doRailroad doAir transportation doOther transportation do x

Public utilities doElectric. _ doGas and other. _. do

Communication doCommercial and other do

U.S. BALANCE OF INTERNATIONALPAYMENTScf

Quarterly Data Are Seasonally Adjusted(Credits +; debits -)

Exports of goods and services (excl. transfers undermilitary grants) . mil $

Merchandise, adjusted, excl. military doTransfers under military sales contracts doIncome on U.S. investments abroad _ _ d oOther services do

Imports of goods and services doMerchandise, adjusted, excl. military doMilitary expenditures _ doIncome on foreign investments in the U.S_.doOther services do

Unilateral transfers, net (excl. military grants);transfers to foreigners (— ) mil $

T Revised. v Preliminary. 1 Estimates (correeSept. 1970 and Oct.-Dec. 1970 based on expected capiexpenditures for the year 1970 appear on p. 18 of themunication. tSee corresponding note on p. S-adjustment. {Revised series; explanation of reviback to 1947 appear on pp. 25 ff. of the Jan. 1970 SURVSURVEY. ePersonal outlays comprise personal co

653.6

467.2

423.1337.316.269.544.262.147.314.821.1

78.7

10.068.738.718.020.7

10.819.1

79.833.246.621.425.3

-1.124.4

629.383.0

546.3506.040.4

65.4728.5114.0614.45

36.961.651.862.291.488.746.752.006.34

14.59

46, 20430, 6811,2396,8727,412

-40.991-26, 821-4,378-2, 362-7,430

-2, 970ited for stal expemSept. 19701. 9 Insions andEY; see alnsumptio

712.7

514.1

464.8369.117.977.849.364.149.115.021.3

85.4

11.074.442,419.123.3

11.021.0

88.740.648.223.324.9

-3.327.8

688.797.5

591.2550.840.4

67.7628.3714.1214.25

39.401.631.452.561.59

10.207.662.546.83

15.14

50, 62633, 5881,3967,6907,952

-48, 127-32, 964-4, 535-2, 932-7,696

-2, 829ystematiclitures of

SURVEY.eludes in1

annual aso pp. 19n expendi

769.5

564.2

509.0404.919.085.155.166.850.516.422.0

85.8

12.073.841.819.322.4

10.721.4

91.242.748.524.723.9

-5.430.7

748.9117.3631.6593.937.6

75.5631.6815.9615.72

43.881.861.862.511.68

11.618.942.678.30

16.05

55, 51636, 4731,5148,8398,690

-53,566-35,835-4,850-4,463-8, 418

-2,835biases)

business2Inc

yentorynd quaiff . of the;ures, in

671.6

481.8

436.2346.517.072.745.662.947.715.221.3

80.0

10.269.838.718.120.6

10.720.3

83.334.548.921.027.8

-3.325.6

646.386.3

559.9516.643.3

18.127.773.963.81

10.35.47.50.64.38

2.592.08.51

1.734.04

65.6627.5113.7113.80

38.151.781.822.791.419.467.471.996.37

14.54

11, 6947,601

3411,8881,864

-10, 703-7,154-1,112

-607-1,830

-643for Jul}Expecte

udes convaluaticterly daFeb. 19

ierest pa

687.2

495.3

447.9356.017.374.747.462.948.514.421.3

81.3

10.670.640.118.621.5

11.119.5

86.739.846.922.324.7

-5.426.4

664.089.1

574.9534.140.8

15.106.153.063.09

8.95.42.39.68.30

2.071.69.38

1.593.50

68.0928.0214.1113.91

40.071.801.682.881.43

10.087.762.326.83

15.37

11,9327,946

3021,7651,919

-11,477-7,820-1, 103

-677-1,877

-6297-d

ri-iita70id

706.1

507.6

458.9364.717.676.648.763.849.214.621.3

86.0

10.875.242.818.923.9

11.021.3

88.640.448.323.125.2

-2.627.3

680.992.6

588.4543.844.6

16.856.993.363.63

9.86.43.37.58.42

2.621.94.68

1.623.81

66.2927.8413.5114.33

38.451.661.491.981.49

10.247.642.606.42

15.17

12, 6858,386

3441,9901,965

-11,832-8, 132-1,112

-732-1,856

-675by coof dis

HDMar.,the q

«Ir

722.2

520.9

471.0373.418.679.049.964.449.215.321.3

87.4

11.575.942.919.423.6

11.221.8

88.440.448.023.824.2

Q

28.2

697.6102.1595.6559.136.5

16.797.133.543.59

9.66.39.31.64.41

2.611.87.74

1.613.69

67.7728.8614.4714.40

38.911.571.292.691.659.827.502.326.67

15.22

13, 2958,878

3932,0002,024

-12, 444-8, 569-1,147

-761-1,967

-757nsumersposable iata for iiJune, S

uarterlyeludes t

735.2

532.5

481.4382.518.280.751.165.249.415.821.3

87.1

11.275.943.719.224.4

10.721.5

91.341.749.624.125.5

-4.229.1

712.5106. 5606.0566.439.6

19.038.104.163.94

10.93.40.38.66.47

2.902.16.74

2.004.13

69.0528.7014.3914.31

40.351.521.342.871.75

10.637.742.897.34

14.91

12,7148,378

3571,9352,044

-12, 374-8, 443— 1, 173

-762-1,996

-768and per

ncome oidividua]3pt., andreviews i16 retroa

749.3

544.9

491.6391.518.181.953.366.049.916.221.6

87.1

11.575.543.419.424.0

11.021.2

93.043.549.524.125.5

-5.929.7

725.8113.8612.0577.734.3

16.046.583.363.22

9.45.42.38.68.38

2.361.88.48

1.813.41

72.5229.9915.4714.52

42.531.831.682.891.87

11.528.622.907.74

15.00

11, 9487,472

3912,0891,996

-11,618-7, 576-1,198

-905-1,939

-612sonal traver persedurableDec. iss

n the MEstive paj

764.0

557.5

502.9401.218.483.454.666.750.516.222.0

87.4

11.975.442.919.923.0

10.821.8

93.443.849.724.425.2

-6.030.4

741.1118.1623.0589.733.3

18.817.823.983.84

10.99.48.44.66.46

2.992.22.77

2.003.97

73.9431.1615.9815.18

42.781.881.762 22L66

11.688.712.977.92

15.67

14,2919,585

3132,1502,243

-13, 978-9.606-1,187-1,071-2, 114

-812nsfer pa:nal outland nonues of thir., JuneT increase

779.5

572.2

516.4409.919.986.655.867.550.916.622.1

86.8

12.274.641.819.122.7

10.622.2

89.942.147.925.022.9

-3.231.0

758.1117.5640.6598.742.0

19.258.164.034.12

11.10.47.49.53.40

3.032.23.80

2.114.07

77.8433.0516.5316.52

44.801.892.062.231.65

11.488.982.508.71

16.78

14, 5659,581

4582,2862,240

-13, 909-9,263-1,220-1,240-2, 186

-690/nients tays.durablee SURVESept., a

i for Fed

785.2

582.1

525.3417.219.688.556.867.250.616.622.3

82.0

12.269.839.119.020.0

10.320.4

88.541.447. 125.221.9

-6.531.7

770.5119.9650.6609.641.1

21.469.124.594.53

12.34.49.55.64.44

3.232.61.62

2.394.60

77.8432.3915.8816.50

45.461.851.942.801.63

11.809.362.448.76

16.67

14,7129,835

3522,3142,211

-14,061-9,390-1,245-1,247-2, 179

-721o foreign

?oods ineY. d"!rid Dec. ieral perse

791.5

592.2

534.4422.6a20. 1a91. 7

57.967.650.617.022.5

76.7

12.064.735.218.316.9

9.120.4

82.638.044.625.219.4

-5.832.4

782.3117.0665.3620.544.8

17.477.143.593.56

10.32.45.42.73.28

2.542.15.39

2.143.76

78.2232.4416.4016.05

45.781.921.742.941.37

12.149.772.379.14

16.52

15,355' 10,228

2582,4992, 357

-14,504-9,723-1,178-1,348-2,255

-739Brs. §

lustries ctfore conssues ofmnel.

797.4

596.4

537.4424.019.593.959.067.851.216.522.6

77.5

12.365.235.518.217.2

8.621.1

82.038.143.925.118.8

-4.533.1

801.3117.7683.6632.151.5

20.338.154.084.07

f2. 18.47.47.80.31

3.282.59.69

2.594.26

80.2232.4316.3216.11

47.791.841.882.881.12

12.7210.152.57

10.3816.98

p 15, 890r 10,700

P432P2, 280p2, 464

p-14, 771'-9,874p- 1,247p- 1,328p-2, 329

p-754Personal

omponeriplete dethe SUR\

P807.2

603.8

543.4428.9'19.1

95.460.467.851.716.122.7

p 79.0

J>12.8"66.3

P85.0P39.6P45.4

25.4P20.0' -5.9

33.8

r 807. 2r 114. f

693.0r 640. 2'52.7

i 20. 067.763.783.98

12.30.44.46.80.31

3.702.91.79

26.58

i 81. 0531.2115.3815.84

49.841.781.933.481.26

14.3411.822.52

2 27. 05

plO, 680

p-9,900

i 22. 668.994.444.55

13.67.49.52.71.35

4.003.32.68

27.60

i 82. 2432.1515.5316.62

50.091.891.872.891.30

14.6211.922.70

2 27. 53

saving is excess

its appear in thetails are given inEY.

November 1970 SURVEY OF CUREENT BUSINESS S-3


1967 1968 1969

Annual total

1967

IV

196S

I II III IV

1969

I II III IV

1970

I II III IV

GENERAL BUSINESS INDICATORS—Quarterly Series—Continued

U.S. BALANCE OF INTERNATIONALPAYMENTS §— Con.

Quarterly Data Are Seasonally AdjustedTransactions in U.S. private assets, net; increase

(—) mil $Transactions in U.S. Govt. assets, excl. official

reserve assets; increase ( — ) mil $Transactions in U.S. official reserve assets, net;

increase ( — ) mil. $Transactions in foreign assets in the U.S., net (U.S.

liabilities); increase (+) mil $Liquid assets doOther assets do

Balance on transactions in U.S. and foreign liquidand nonliquid assets, incl. reserves. mil. $_.

Allocations of special drawing rights (SDR) doErrors and omissions net doBalance on liquidity basis:1[

Including allocations of SDR doExcluding allocations of SDR do

Balance on official reserve transactions basis: ©Including allocations of SDR doExcluding allocations of SDR do

Unless otherwise stated in footnotes below, datathrough 1968 and descriptive notes areas shown inthe 1969 edition of BUSINESS STATISTICS

-5,637

-2, 419

52

6,8533,4923,361

-1,154

-1,088

-3, 544-3, 544

-3,418-3,418

1968

-5,412

-2,268

-880

9,409709

8,700

849

-514

171171

1,6411,641

1969

Annual

-5, 233

-2, 184

-1, 187

12, 3328,1994,133

3,728

-2, 841

-7,012-7,012

2, 7002,700

-1,838

-691

-181

2,3891,917

472

-321

-25

-1,736-1,736

-976-976

-684

-723

904

1,008-6601,668

505

-329

-244-244

-61-61

-1,429

-642

-137

2,56231

2,531

354

-528

106106

1,6521,652

1969

Sept. Oct. Nov. Dec.

-1,585

-528

-571

2,253426

1,827

-431

-1,714

-375

-1,076

3,586912

2,674

421

335 j 8

145 164145 j 164

408^ -358408 -358

-1,213

-435

-48

3,1741,4001,774

1,478

-1,196

-1,352-1,352

1,4531,453

-2, 151

-641

-299

4,5134,100

413

1,422

-922

-3, 801-3,801

1,3151,315

-980

-650

-686

3,2762,965

311

960

-927

-2, 279-2,279

-582-582

-889

-458

-154

1.369-2661,635

-132

204

420420

514514

-1,686

-444

264

1,6791,117

562

-187217

-144

-1,381-1,598

-2,886-3, 103

p- 1,813

v -390

p 805

P 1, 547*398

v 1, 149

pl49p217

p-729

'- 1,204r -1,421

p- 1,761p- 1,978

P217

p-680p-897

p-1,847p-2, 064

1970

Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct.p

GENERAL BUSINESS INDICATORS—Monthly Series

PERSONAL INCOME, BY SOURCE f

Seasonally adjusted, at annual rates: fTotal personal income bil. $

Wage and salary disbursements, total do .Commodity-producing industries, totaLdo

Manufacturing doDistributive industries do

Service industries doGovernment do

Other labor income.-- _ . _._ doProprietors' income:

Business and professional doFarm _ do

Rental income of persons doDividends _ doPersonal interest income, doTransfer payments doLess personal contributions for social insurance

bil. $__

Total nonagricultural income do

FARM INCOME AND MARKETINGS J

Cash receipts from fanning, including Governmentpayments totalt mil $

Farm marketings and CCC loans, total _ do _Crops doLivestock and products, total 9 -- do

Dairy products _ _ _ . _ doMeat animals doPoultry and eggs do

Indexes of cash receipts from marketings and CCCloans, unadjusted: +

All commodities. .. . 1957-59 = 100Crops doLivestock and products _ . _ .. do

Indexes of volume of farm marketings, unadjusted:!All commodities 1957-59 = 100

Crops doLivestock and products ... . do _

INDUSTRIAL PRODUCTION rf1

Federal Reserve Index of Quantity Output

Unadj., total index (incl. utilities) cf- -1957-59 = 100-.By industry groupings:

Manufacturing, total . doDurable manufactures doNondurable manufactures . do

Mining doUtilities do

By market groupings:Final products, total do

Consumer goods . doAutomotive and home goods. doApparel and staples do

Equipment, including defense . do

Materials . doDurable goods materials _ _ doNondurable materials do. __

r Revised. * Preliminary. § See note "cf" oreserve assets and decrease in liquid liabilities to all 1reserve assets and decrease in liquid and certain noncies. fSee corresponding note on p. S-l. JSerie

688.7

464.8181.5145.9109.2

78.495.724.9

49.115.0

21.323.354.059.0

22.8

668. 2

47, 680

44, 21818, 73425, 484

5,95515, 3633,828

137135138

126129124

165.5

166.9169. 8163.3126.6202 5

165.1156. 9175.0151.2182.6

165.8157.8174.1

n p. S-2.oreignersliquid lials revised

748.9

509.0197.5157.5119.8

87.7104.127.6

50.516.4

22.024.759.765.1

26.0

726.7

51, 023

47, 22918, 79028, 4396,172

17, 5214,423

146136154

126129124

p 172. 8

p 173. 9p 176. 5p 170. 6p 130. 2p 221 2

P 170. 8p 162. 5p 179. 5p 157. 1p 188. 6

p 174. 6P 165. 5p 183. 9

Ulncn©Inc

Dilities tobeginning

763.1

520.0200.9160. 4122.2

89.6107.328.2

51.016.7

22 125.260.565.9

26.5

740.6

5,771

4,5271, 9572, 570

4971,650

402

168169166

143157133

179.2

180.0181.5178.1132. 9

179.2172.6186.9168.0193.4

179.2170.2188.5

?ase in Irease inforeign o1967; m

766.7

522.7201.8160.9123.1

90.0107.728.3

50.816.7

22.225.261.266.3

26.7

744.1

5,826

5,4792,6142,865

5151,897

433

203226186

179220149

177.8

179.5181.5176.9132.7

176.5169.4192.1162.2191.8

178.9169.7188.4

J.S. officU.S. officfficial agMithly d

770.6

525.2201.9160.0124.1

91.0108.128.5

50.516.6

22.325.362.066.9

26.7

747.9

5,106

5,0852,6512,434

4951, 498

423

188230158

168227124

173.6

175.0175.4174.5132. 9

170.0162.6175.9158.4186.0

176.9166.3187.8

ialialan-ata

774.3

528.0203.8161.6124.1

91.6108.528.6

50.416.6

22.425.062.667.7

26.9

751.6

4,577

4, 5442,1292,415

5251,422

441

168184156

148187119

169.6

169.6172. 6165. 9133.1

166.2156.6167.4153.1187.0

172.6161.8183.7

prior tU.S. 1will be

777.8

529.5202.2160.8125. 4

93.1108.929.0

50.416.8

22.525.163.068.8

27.3

755.0

' 4, 431

r 4, 375r 1, 859

2,516'5381,526

422

'152r 161

163

' 143' 171

122

168.2

167.5169.1165.6130.1

167.1159.0165.1157.1184.3

169.5156.8182.5

o May 1(

3ept. ofshown 1

781. 5

531.1202.0160.0125.7

94.1109.329.3

50.617.0

22.5OK 0.wO. 4

63.469.7

27.3

758.4

' 3, 350

r 3, 326r 1,011

2, 315504

1,429351

123'88150

98'81111

171.5

171.3170.7172.0134. 1

170.5163.0171.5160.3186.5

172.5158.4186.9

)69 are sAgricultater.

787.6

535. 0203.9161. 3126.7

94.6109.829.6

50.717.2

22.625.263.771.1

27.5

764.3

' 3, 462

r 3, 450'868

* 2, 581547

1, 635372

'128--75167

'98'61125

172.1

172.2173.5170.6134.0

169.9161.8176.3157.2187.3

174.0161.3187.1

lown inure, Eco9 Includ

806.0

539.9202.3160.0126.0

95.1116. 529.8

51.016.9

22.625.264.284.1

27.7

783.0

' 3, 371

r 3, 309^789

2, 520558

1, 598327

'123'68163

'94' 50127

170.6

171.0170.5171.7135.0

166.9160.6175.5155.9180.3

174.3160.4188.5

the Farrnomic I33 data fc

799.7

540.5200.9159.2127.2

95.5116.930.0

51.316.5

22.625.364.576.6

27.7

777.0

r 3, 210

' 3, 193' 794

' 2, 399585

1,455'322

r 118' 69

'155

'93' 50126

169.1

168.9169 4168.4137.9

165. 8160. 3176.0155.3177.7

172.1159. 5185.1

n Incomesearchr items i

798.2

538.1201.3159.5127.9

95.7113.230.3

51.516.2

22.724.764.877.6

27.6

775.7

' 3, 391

' 3, 374' 1, 001' 2, 373

' 553'1,470

' 323

'125'87

'154

' 10988

' 125

172.1

171.8171. 3172. 3137.6

169. 9165.7181.2160.8179.0

174.1162.0186.6

e SituatiService,lot show

803.3

541.5202.1160.1129.1

96.8113.530.6

51.616.2

22.725.265.378.1

27.8

780.9

' 3, 960

' 3, 756' 1, 434

2, 322538

1, 392371

'139'124

150

' 119' 117

121

' 163. 6

' 161. 6' 159. 8' 163. 8' 129. 2

' 161. 8' 157. 6' 153. 5

158. 9170.9

' 165. 3' 153. 2' 177. 8

on, JulycfRe

n separa

806.4

543.2202.0159.6129.7

97.3114.230.8

51.716.1

22.725.366.078.6

28.0

784.0

' 6, 979

' 3, 775'1,486' 2, 290

' 524' 1, 386

' 359

'140'129'148

' 121'118'123

169.2

' 166. 5' 161. 0' 173. 7' 138. 2

' 167. 4' 165. 8' 150. 4

170.6'171.0

' 170. 9' 155. 8' 186. 4

1970, a\visions ftely.

'811.9

546.6' 201. 5' 159. 5' 130. 2

'97.9117.031.1

51.8'16.0

22.825.5

'66.8'79.6

28.2

' 789. 7

4,606

' 4, 562' 2, 052' 2, 510

'516' 1, 583

'391

'169' 178

163

'142'153

133

' 170. 9

' 168. 3' 162. 4' 175. 7' 140. 8

' 170. 1' 169. 6' 163. 1

'171.0

' 172. 0' 154. 8' 189. 7

Bailable ior Jan.-(

809.5

541.3196.4154.3130.7

98.6115.731.3

51.915.9

22.825.867.081.5

28.0

787.4

5,6072,8562,751

5261,815

391

208247178

180220149

166.5

165.1156.6175.7137.3

166.0165. 9160

166.0

167.0148186

rom the)ct. 1968

S-4 SURVEY OF CURRENT BUSINESS November 1970


1968 1969"

Annual

1969


1970


GENERAL BUSINESS INDICATORS—Continued

INDUSTRIAL P ROD UCTIONd" —Continued

Federal Reserve Index of Quantity Output— Con.

Seas, adj., total index (inch utilities) <?„ 1957-59 =100.By industry groupings:

Manufacturing, total do

Durable manufactures 9 -do- .Primary metals.. _ _do_

Iron and steel _. doNonferrous metals and products do

Fabricated metal products doStructural metal parts do

Machinery __ __ ._ doNonelectrical machinery doElectrical machinery. _ ._ do

Transportation equipment 9 doMotor vehicles and parts . doAircraft and other equipment do -

Instruments and related products doClay, glass, and stone products doLumber and products doFurniture and fixtures . doMiscellaneous manufactures __ do

Nondurable manufactures doTextile mill products doApparel products doLeather and products doPaper and products do

Printing and publishing doNewspapers do

Chemicals and products doIndustrial chemicals do

Petroleum products do

Rubber and plastics products doFoods and beverages do

Food manufactures doBeverages do

Tobacco products do

Mining _ _ _ _ _ . d oCoal doCrude oil and natural gas do ._.

Crude oil doMetal mining doStone and earth minerals do

Utilities _ doElectric doGas do

By market groupings:Final products, totaled do

Consumer goods _ doAutomotive and home goods. _ _.dO-

Automotive products _ _ do_.Autos _ doAuto parts and allied products do

Home goods 9 doAppliances TV and radios doFurniture and rugs do

Apparel and staples doApparel, incl. knit goods and shoes doConsumer staples do

Processed foods do

Beverages and tobacco doDrugs, soap, and toiletries ___ doNewspapers, magazines, books.. _ d o _ _Consumer fuel and lighting do

E quipment , including defense 9 do. .Business equipment _ do

Industrial equipment _ _ __ doCommercial equipment _doFreight and passenger equipment.. doFarm equipment do_.

Materialscf doDurable goods materials 9 do._

Consumer durable - _. _. doEquipment doConstruction do

Nondurable materials 9 _ _ _ _ _ do._ .Business supplies do

Containers doGeneral business supplies do__ .

Business fuel and power 9 __ do..Mineral fuels _ doNonresidential utilities do

165.5

166.9

169.8137.0130.7160 0

167.9162.2

184.3181.0188.5

179.5171.4185.0

184.2146.2122.3178.3161.4

163.3151.5149.9111.0163.8

149. 6136.1

221.7262.0

139.6

222.0136.4132.7156.5

120.9

126.6118.2126.8130.5126.4137.8

202.5211.5174.1

165.1156.9175.0

174.3174.8173.8175.4168.4173.7

151.2139.5154.5132.6

144.5193.4143.3183.4

182.6184.7168.2205.2234.3145.0

165 8157.8164.2185 1145 9

174.1157.6156 6158.1

152.0133 0200.2

172.8

173.9

176.5149.1140.3181.1

179.8173.3

195.7194.6197.2

174.6166.9177.8

194.4156.0119.1186.9166.4

170.6154.2149.2101.9175.6

156.3142.7

239 0283.0

143.8

238 7140.7136.7161.9

117.3

130.2117.7129.3132.0142.0144.7

221.2233.0174.1

170.8162.5179.5

173.2162.8186 8184.0180 2180.3

157.1138 5162.4136.6

146. 8209.0147.1199.6

188.6195.6179.1220.0246.7136.8

174 6165.5163.9191 9152 4

183.9166.6168 6165.5

158.2134 9216.7

173.9

175.2

178.7149.3141.4178 6

179.1171.5

201.2199.8202.9

178.8170.5182.6

195.4157.7111.1185.3165.3

170.9151.6146 197.7

177.5

157.3143.3

240 2286 2

146.2

240 0142.2137.0169 9

118.6

131.6114.7133.1135.6133.1144.3

222.5234.1186.2

172.2162.8179.3

176.6169.9185.4181.2176.5177.9

157.6135.9163.7137.9

152.6208.6149.8198.6

192.4200.4183.9222.9251.9146.8

176.0166.6171.7197.2149,8

185.5167.0167 8166.6

159.8137 7

i 221. 1

173.1

173.9

177.3150.4141.5178.7

179.4172.5

199.0200.3197.3

175.7167.9179.6

193.9156. 3113.8184.0165.3

169.5152.1146 5101. 1177.1

156.9143.0

238 3281 2

146 7

238 6138 0132.6166 7

113.8

130.2115.7130.7132.8141.1139.6

226.0238.5186.9

170.9161. 2176.8

172.8164.0184.4179.5175.2175.7

156.2136.4161.8132.3

148.9210.4147.1203.9

191.9200.9182.9224.9254.5153.1

175 4165,8166.4194 8149 6

185.3167.4169 9166.1

160.4135 7222.8

171.4

171.8

172.1150.3142.7183 1

179.2174.5

187.4194.9177.5

168.3159.9171.9

196.0155.9114.1183.7166.4

171.5151. 9148 0102. 7175.9

159.1145.1

240.8283.9

150.9

240.2141.0137.5159.7

116.2

132.6118.9131.2133.5153.3146.8

226.0238.3187.6

168.4160.5167.2

168.0153.8186.7166.7142.2176.0

158.3137.5164.2136.5

145.0213.2148.9206.0

185,6194.4174.4223.3252.8136.5

174.6163. 5158. 5190.7150.2

186.0166.9165.6167.6

160. 4136 5220. 9

171.1

171.3

171.1147.7138.8181 1

178.4177.1

188.7196.5178.3

163.9152.0170.7

197.4157.4109.7183.3167.2

171.5150.3147.998.0

178.0

158.6142.0

241 7283 8

149.5

234.8142.1137.4167.2

115.1

134.4119.3132.6135.0152.3154.8

227.9240.5188.4

168.5160.7164.4

160.9141.6186 2166 8140 1175 0

159 5137 7165.7137 0

149.6217.0149.7206.0

185.2193.8176.3223.6240.9135.4

173 9161.8150.9189 8150 4

186.5168.5174 0165.8

161.7137 7222. 5

170.4

170.2

169.7143.1135.2174.8

180.0175.4

189.7195.9181.5

159.6146.8166.7

194.8154.5118.0183.4168.2

171.0152.9145.896.9

173.8

157.9141.7

240 2281.9

143.3

231.4144.7140.2168.9

117.8

131.7113,1131.4133.7155.7142.6

230.1243.1

168.5161.5163.7

155.3132.9184 9169 6149 0173.8

160.8137 6167.3138 7

151.7217.6147.7210.0

183.6192 8175.0223.0239. 5138.4

172 5160.1148.7188 6151 2

185 3167.5173 7164 4

159 8135 3222.4

170.5

170.3

169.6139.2129.8177.3

178.9174.6

195.8195.8195.9

154.3142.1161.4

194.0155.0117.5179.4168.4

171.3151.3141.796.9

174.8

157.3142.1

242 6284.3

143.0

234.0145.2140.4170.7

122.8

134.2122.3131.8133.0158.4149.8

232.7246.1

169.9162.4166.6

154.8127.6190 7174 8168 6169 2

161.0135 7168.2139 5

154 6217.9147.6210 3

186.2196 9184 9222.4231.8130 3

171 5157 9142.3188 6150 7

185 5166.2169 3164 7

162 0137 1225.0

171.1

170.8

171.0141.9134.4183.6

178.3174.4

199.1196.6202.5

156.0148.9159.1

193.6151.7113. 1180.4167.8

170.6150.3140. 195.9

174.9

156.9137.9

242 3284.8

146.6

235.3143.3140.0161.0

116.8

135.1121.5132.4133.5165.8150.1

230.3242.8

169.7162.0171.4

160.0138.4188 5179 4178 1170 3

159 0133 4166.2139 6

146 1216.5146. 1207 2

186.3198 0186 8225.0226.1134 6

171 7159 1143. 0189 8148 8

184 7164.8165 0164 7

162 7137 4226.3

170.2

170.0

168.4138.9133.0175.4

175.2170.2

194.9191.7199.1

153.1148.0154.1

195.4154.6115.5179.5167.4

171.9151.3140.8100.2176.3

156.9139.3

244 4289.2

147.9

239.4143.7140.1162.8

125.1

133.9123.0131.3135.2162.6146.1

233.8247.1

168.5163.2171.1

158.4136.1187 8180.0178 9170 6

160.7133 8168.4140 2

150.1218.6146.0212 6

179.9193 0182 1223.4215.4130.4

171 9159! 6143.6183 8148 8

184 6164.5166 2163 7

163 8139 1226.5

169.0

168.1

167.6142.6136.7174 4

171.4164.2

191.0187. 1196.3

157.3158.5153.0

191.3152.6116. 1174.4163.6

168.7147.8137.7104.5174.5

154.8136.9

241 4281 3

146.5

212 2143.1141.0154 6

117.8

134.8134.2131.9135.8151. 8142.8

234,9248.4

167.7163.2173.5

166.4156.0180 1178 4182 6165 5

159 9131 4168 0141 1

142 2219 6146 9212 3

177 3188 7175 8220 4216 8127 4

170 4157 5146 0177 5146 8

183 8162. 1ico 9

159 1

16fi 0142 0228!l

168.8

168.0

167.3142.7138.8169.2

172.3164.4

190.6185.2197.7

159.9164.4153.3

187.9149.4107.6173.8162.6

168.9145.9139.099.3

170.8

155.2137.5

243 2285 8

147.8

227.8140.7138.3153 7

120.7

135.5124.3135.1137.5150 3143.0

235.4248 7

167.1162 8172.7

170.3163.0179 9177 7178 8164 9

159 0132 4166 6137 9

142 6217 4147 6213 7

176 3188 0175 9

220 4213 8128 6

171 2157 8155 4176 6145 1

184 9163.4166 0169 1

166 6142 4228.6

169.2T 168. 5r 167. 4

145.2136.8

r 172 6

' 172. 5162, 9

r 191. 2185.2

«• 199. 1

158.1164.8149.7

187.0r 148. 8r 110. 5

172.5162.0

>• 170. 0r 145. 3' 140. 9

95.6r 172. 0

1546140.0

r 243 3T 285 7

145.5r 244 8

141.1139.5149 6

126.6

133.8127.5131.7134.4150 9143.8

236.3249 5

' 166. 8' 163. 5' 178. 5

' 172. 8163.8

r 184 7

r 182 5r 192 3r 165 2

158 8T 139 4

166 3138 7

141 9217 4142 9212 8

173 7186 1174 6218 3207 3196 0

r 171 4

r 15g 4

156 0178 4

r 146 3

r Ig4 (j

r 164. 9r i gi ft

r IQg 4

r 165 4T \AQ 9

229.4

r 169. 0

r 167. 9

r 166. 5r 145. 0r 133. 3r 169. 3

' 170. 0' 164. 0

' 190. 3' 183. 1r 199. 9

r 156. 7' 164. 7r 147. 1

' 183. 3' 150. 2

114.2r 172. 9r 158. 0

' 169. 8' 146. 3

141.893.6

r 172. 7r 154. 3

138.7r 239 8

280 8

147. 5

238.5r 143. 8' 141. 4

156 4

121.8

137.2128.5' 136. 7r 139. 8T 152. 0

142.3

235.8248 6

' 166. 6' 164. 1r 177. 0

r 167. 5163.3

r 173 1

r 183 7r igg 6

164 9

160 0139 4

r 167 8r 142 2

144 7r 213 9r 143 1

213 5

r 171 9

r 184 2T 173 4r 214 2

205 5125 1

r 171 2r 157 2T 155 4r 175 9T 147 2

r 185 7

' 165. 3T igy e

T 164 2

T 167 6r 144 R

227. 9

r 166. 1

r 164. 2

r 160. 5r 143. 1' 129. 5

174.2

r 168. 4' 162. 1

r 186. 2r 179. 9' 194. 6

139.4' 128. 9' 145. 2

r 181. 0r 148. 8

r 172. 1r 158. 0

* 168. 7145.9

166.4

'151.3136.2

240.4

148.0

H4. 5141.4

' 139. 5' 129. 6r 140. 8r 144. 5

145.1140.9

238.5

163.1160.4160.0

132.8108.5164 8179.0189 9165.0

' 168. 6142 2

214 7141.7

r 169 0181 1170 3210 3200.0

r 168 7

r 152 3143.5171 8145 9

r 185 7

163.2164 5162 6

r 170 9T 148 3

162.3

160.2

153.9136121

167163

181177188

12299

140

179148

174157

168.2

150

135.4121136139

240.0

160.7158.6150

11177

170

165.2178

164 1146

183

167149

r Revised. » Preliminary. o"See corresponding note on p. S-3.9 Includes data for items not shown separately.

f Revised data back to 1961 for mfg. and trade invent., total, unadj. and seas, adj.; in vent.-sales ratios for mfg. and trade, total and retail trade, total, durable, and nondurable, appear onpp. 38 ff. of the Oct. 1970 SURVEY. Revised data back to 1961 for mfg. and trade sales, totalseas, adj.; mfrs. sales and mfrs., invent., total, durable, and nondurable, seas, adj.; and in-vent.-sales ratios for mfg., total, durable, and nondurable are available upon request (see alsocorresponding note on p. S-7).

November 1970 SURVEY OF CURRENT BUSINESS S-5


1968 1969

Annual

1969


1970

Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct.

GENERAL BUSINESS INDICATORS—ContinuedBUSINESS SALES §

Mfg. and trade sales (unadj.), total f . mil. $

Mfg. and trade sales (seas, adj.), total t _ . _. do

Manufacturing, total | doDurable goods industries doNondurable goods industries. do

Retail trade, total doDurable goods stores doNondurable goods stores do.

Merchant wholesalers, total __ ._ doDurable goods establishments doNondurable goods establishments do

BUSINESS INVENTORIES §

Mfg. and trade inventories, book value, end of yearor month (unadj.), total f --- -.mil. $ .

Mfg. and trade inventories, book value, end of yearor month (seas, adj.), total t mil. $

Manu facturing, total f doDurable goods industries doNondurable goods industries _ d o _ _

Retail trade, total t doDurable goods stores. doNondurable goods stores do

Merchant wholesalers, total _ doDurable goods establishments do_.Nondurable goods establishments do

BUSINESS INVENTORY-SALES RATIOS

Manufacturing and trade, total t ... _ . ratio

Manufacturing, total t - . doDurable goods industries f . do

Materials and supplies. _. doWork in process doFinished goods „ do

Nondurable goods industries f - - doMaterials and supplies. . doWork in process _ doFinished goods do

Retail trade, total t doDurable goods stores... _ doNondurable goods stores do

Merchant wholesalers, total. doDurable goods establishments doNondurable goods establishments do .

V1ANUFACTURERS' SALES, INVENTORIES,AND ORDERS

Manufacturers' export sales:Durable goods industries:

Unadjusted, total mil. $Seasonally adj., total. , do

Shipments (not seas, adj.), total f do

Durable goods industries, total 9 doStone, clay, and glass products _ doPrimary metals ... do

Blast furnaces, steel mills do

Fabricated metal products. doMachinery, except electrical doElectrical machinery. doTransportation equipment . do

Motor vehicles and parts doInstruments and related products do

Nondurable goods industries, total 9 — doFood and kindred products. doTobacco products doTextile mill products do

Paper and allied products.. doChemicals and allied products... . doPetroleum and coal products doRubber and plastics products do

Shipments (seas, adj.), total t doBy industry group:

Durable goods industries, total 9 . . d oStone, clay, and glass products. doPrimary metals do


Fabricated metal products doMachinery, except electrical doElectrical machinery doTransportation equipment do


1,163,869

11,163,869

1604,602331, 835272, 767

i«339,324110,245

0 229, 079

1219,943100, 012119,930

151,327

152, 699

88, 56757, 39931, 168

41, 60418, 85122, 753

22, 52813, 4549,074

1.52

1.702.00.59.92.49

1.33.50.20.62

1.431.971.17

1.201.54.91

14, 944

604, 602

331, 83515, 75450, 45724, 901

34, 18058, 04743, 23784, 16347, 63811, 370

272, 76790,1574,922

21, 458

24, 20846, 48522, 26714, 265

1,245,058

1,245,058

1656,717364, 983291, 734

1351,633112,779238, 854

1236,708109, 578127, 130

163, 375

164,917

95, 93163, 54732, 384

44, 62319, 98024, 64324,36314, 5799,784

1.53

1.691.99.56.93.50

1.31.48.21.62

1.472.051.19

1.191.53.89

17, 189

656, 717

364, 98317,21957, 13726, 493

37, 02464, 55146, 72691, 48050, 14413, 563

291, 73496, 7175,121

21,262

26, 95148, 69824, 55516, 552

'Revised. -See corresponding note on p. S-ll. 1 Based onaajusted 2 Advance estimate; total mfrs. shipments for Sept. 1970 d(for selected components. §The term "business" here includes onlytrade; business inventories as shown on p. S-l cover data for all type

107, 360

106, 078

56, 60931, 91421, 695

29,2599,384

19, 875

20, 2109,304

10,906

160, 454

161, 841

94, 22862, 10032, 12843, 89719, 63324, 264

23, 71614, 1829,534

1.53

1.661.95.53.92.50

1.30.48.20.62

1.502.091.22

1.171.52.87

1,4651,486

58, 139

32, 3361,5924,9462,262

3,2495,7004,2168,1314,6251,287

25, 8038,708

4541,884

2,3384,2682,1551,423

56.609

31, 9141,4515,0392,371

3,1575,6383,9498,4624,8961,198

data no) not reflmanufa

5 of proc

111, 166

106, 593

56, 68531, 68025, 005

29, 6209,354

20, 266

20, 2889,359

10, 929

163, 229

163, 331

94, 96462, 70432, 260

44,41120, 04424, 367

23, 95614, 3659,591

1.53

1.681.98.54.93.51

1.29.48.20.61

1.502.141.20

1.181.53.88

1,6531,637

58, 586

32, 5641,6045,0262,316

3, 3715,4694,1758,5304,9731,176

26, 0228,677

4141,990

2,3504,2302,0821,594

56, 685

31, 6801,4625,1312,446

3,2475,5253,9598,1544,4691,135

t seasonect revisiduringlucers, b

105,487

105, 566

55, 88831,01124, 877

29, 4719,229

20, 242

20, 2079,352

10, 855

165, 057

163, 763

95, 47463, 08932, 385

44, 26819, 83524, 43324, 02114, 3899,632

1.55

1.712.03.56.96.52

1.30.48.20.62

1.502.151.21

1.191.54.89

1,4851,470

55, 928

30, 9861,4504,8492,198

3,1335,2373,9428,2364,4391,204

24, 9428,3«3

4381,847

2,2784,0362,1421,405

55, 888

31,0111,4805,0642,392

3,2045,4233,8207,8434,0821,175

allyonsandoth

110, 662

105, 021

55,54030, 60324, 937

29.4199,275

20, 144

20,0629,102

10,960

163, 375

164, 917

95, 93163, 54732,38444, 82319, 98024, 64324,36314, 5799,784

1.57

1.732.08.58.97.53

1.30.47.20.62

1.522.151.22

1.211.60.89

1,7411,574

53, 996

30, 1491,3354,6512,121

3, 1425,3193,7818,0503,8651,213

23, 8478,414

4311,647

2,1873,6702,1281,317

55, 540

30, 6031,4955,0222,380

3,2495,3013,7237,7053,9041,161

farm ithoseon ppitems

97,486

104, 932

55, 07029, 93025, 140

29, 5708,886

20, 684

20, 2929,201

11,091

163, 735

164, 698

96,20063, 90932, 291

44, 01419, 34224, 672

24, 48414, 6369,848

1.57

1.752.14.58.99.56

1.28.46.20.62

1.492.181.19

1.211.59.89

1, 4571,551

51,622

27, 9531,2504,9312,365

2,9695,0173,3866,6683,8661,035

23, 6698,088

4141,626

2,2393,7972,1671,390

55,070

29, 9301,4645,0802,413

3,2955,5053,6556,7833,5731,170

Mid nonffor whol. 8-4 arnot sho1

100, 264

106,164

55,61330, 27325, 340

29, 9809,143

20, 837

20, 5719,344

11,227

165, 650

165, 638

96, 65263, 97732, 67544, 13319, 38824, 745

24, 85314, 78810,065

1.56

1.742.11.58.99.54

1.29.47.20.63

1.472.121.19

1.211.58.90

1,6321,687

56,322

30, 8531,3564,9572,213

3,2225,8053,8357, 6273,9241,159

25, 4698,506

4071,761

2,3864,2432,1671,571

55, 613

30, 2731,4884,7392,134

3,2205,5943,7837,3613,7381,184

arm. Unesale ancid S-7.wu sepa

106, 480

105, 487

55, 22329, 75725, 466

29,8019,134

20,667

20,4639,300

11, 163

167, 211

166, 149

96, 98264, 26332, 719

44, 32519, 47124, 85424, 84214, 78110,061

1.58

1.762.16.60

1.01.56

1.28.47.19.62

1.492.131.20

1.211.59.90

1,8471,727

57, 173

31, 2481,4644,9942,229

3,2465,8443,8707,6303,8981,223

25, 9258,717

4301,862

2,4304,3922,0851,618

55, 223

29, 7571,5024,6922,037

3,1895,4273,7197,1503,5631,205

adjustedI retail t

JSeerately.

105, 633

105,087

54,53929,63324, 906

30, 5369,340

21, 196

20, 0129,034

10, 978

168, 961

167, 059

97, 79164, 68933,10244, 32619, 42624, 900

24, 94214, 77310, 169

1.59

1.792.18.59

1.02.57

1.33.48.20.65

1.452.081.17

1.251.64.93

1,7391,717

55,646

30, 4991,4714,7241,960

3,0965,5933, 7477,8344,0331,112

25, 1478,396

4391,729

2,3474, 3102,1181,519

54, 539

29, 6331,4434,4261,780

3,0325,3503,8357,5493,8061,144

data foirade oncorrespoi

107, 931

106, 847

55, 66130, 48825, 173

30, 5029,320

21, 182

20,6849,394

11,290

168, 391

166,734

97, 63564, 44733, 188

44, 10919,34624, 763

24,99014,76310, 227

1.56

1.752.11.57.99.55

1.32.47.20.65

1.452.081.17

1.211.57.91

1,7791,722

56, 358

31, 3001,5295,0712,292

3,2395,6953,8327,9434,3001,119

25, 0588,428

4561,709

2,3284,3762,1391,537

55, 661

30, 4881,4754,7862,099

3,1785,5963,9937,4843,9051,137

• manufspp. S-liding n

112, 046

107, 612

56,43830, 63825, 800

30, 5189,411

21, 107

20,6569,482

11, 174

168, 014

167, 375

97, 70664, 39533, 311

44, 52719, 55224, 97525, 14214, 85510, 287

1.56

1.732.10.57.99.54

1.29.46.19.64

1.462.081.18

1.221.57.92

1,8291,774

59, 340

32, 8451,6435,2052,386

3,5115,8774,1718,1614,6241,247

26, 4959,062

4541,834

2,4224,3832,2151,623

56, 438

30, 6381,5194,8342,201

3,2655,4183,9627,5624,1241,175

icturingL and S3te on

104, 249

108, 393

57, 02531,31525, 710

30,7299,487

21, 242

20, 6399,423

11,216

167, 832

168, 635

98,26065, 07933, 18144, 96519, 73925, 22625,41015, 06610, 344

1.56

1.722.08.56.98.54

1.29.46.19.64

1.462.081.19

1.231.60.92

1,5831,776

52, 134

27, 8801,4864,4402,114

3,1075,0773,6076,2703,0371,065

24, 2548,225

4731,511

2,2373,8892,1261,463

57, 025

31, 3151,5174,8912,259

3,3235,5673,9957,8574,3281,168

are show-12. f,p. S-12.

' 105,856

' 108,175

'56,696'31,270' 25, 426

'30,781' 9, 503

'21,278

'20,698' 9, 420'11,278

' 167,367

' 169,364

'98,488'65,290'33,19845,45320, 11925, 334

'25,423' 15, 165'10,258

'1.57

'1.74'2.09

.56

.98

.55

'1.31'.47

.19'.65

1.48'2.12

1.19

'1.23'1.61

.91

' 1, 517' 1, 676

'54,829

'29,091' 1, 579r 4, 701' 2, 205

'3,268' 5, 194' 3, 859' 6, 255' 2, 882' 1, 148

'25, 738' 8, 585

'472' 1, 742

'2,388' 4, 172' 2, 189

1,493

'56,696

'31,270' 1, 470' 4, 935' 2, 287

' 3, 231' 5, 570' 3, 993' 7, 981'4,489' 1, 140

n below3ee corre

9Inc

109, 114

107, 608

56, 10830, 64725, 461

30,8139,546

21, 267

20,6879,479

11,208

167, 963

169, 980

98, 60565, 27433, 331

45, 69120, 27025, 421

25, 68415, 33210, 352

1.58

1.762.13.58.99.56

1.31.46.19.65

1.482.121.20

1.241.62.92

1,7411, 762

58,076

31, 4601,6284,9692,322

3,4845,5284,2757,0593,7161,251

26, 6169,350

4791,812

2,3974,2222,1671,477

56, 108

30,6471,4835,0652,434

3,3855,4594,0216,9993,5951,163

and onspondinjludes d

p. S-6;I notesata for


Unless otherwise stated in footnotes below, datathrough 1968 and descriptive notes are as shownin the 1969 edition of BUSINESS STATISTICS

1968 ! 1969

Annual

1969


1970

June July Aug. Sept. Oct.


MANUFACTURERS' SALES, INVENTORIES,AND ORDERSf— Continued

Shipments (seas. adj.)t — ContinuedBy industry group:

Nondurable goods industries, total 9 mil $Food and kindred products doTobacco products _ . _ doTextile mill products doPaper and allied products doChemicals and allied products. doPetroleum and coal products doRubber and plastics products do

By market category:Home goods and apparel doConsumer staples doEquipment and defense prod excl auto doAutomotive equipment doConstruction materials and supplies doOther materials and supplies do

Supplementary series:Household durables. doDefense products (old series) doDefense products (new series) doProducers' capital goods industries do

Inventories, end of year or month :tBook value (unadjusted), total do

Durable goods industries, total doNondurable goods industries total do

Book value (seasonally adjusted) totalt doBy industry group:

Durable goods industries total 9 doStone clay and glass products doPrimary metals do


Fabricated metal products do^f achinery except electrical doElectrical machinery doTransportation equipment do


By stage of fabrication:Materials and supplies 9 do

Primarv metals doIVTachinery (elec and nonelec ) doTransportation equipment do

Work in process 9 doPrimary metals doMachinery (elec and nonelec ) doTransportation equipment do

Finished goods 9 doPrimary metals doMachinery (elec and nonelec ) doTransportation equipment do

Nondurable goods industries total 9 doFood and kindred products " " doTobacco products doTextile mill products ~ ~doPaper and allied products " doChemicals and allied products "doPetroleum and coal products " d oRubber and plastics products "do

B y stage of fabri cation :Materials and supplies doWork in process doFinished goods do

By market category:Home goods and apparel doConsumer staples. _ "doEquip, and defense prod., excl. auto doAutomotive equipment do "Construction materials and supplies doOther materials and supplies do"""

Supplementary series:Household durables.. . doDefense products (old series) doDefense products (new series) . doProducers' capital goods industries do

New orders, net (not seas, adj.), totalt doDurable goods industries, total doNondurable goods industries, total do

New orders, net (seas, adj.), totalt doBy industry group:

Durable goods industries, total 9 doPrimary metals do


Fabricated metal products doMachinery, except electrical .... do """Electrical machinery doTransportation equipment "do

Aircraft, missiles, and parts do

Nondurable goods industries, total doIndustries with unfilled orderse "do"Industries without unfilled orders'? do """

156 010115, 55196 11554, 04848 587

934 291

24, 91546 20123 91568* 757

88, 23957 03431 205

88 567

57 3992 9107 5354 098

6 °7311 3328 575

13 9604 9732 170

16 6349 7914 8293 403

26 3272,5299 4919 192

14 4382 9155 5871 365

31 1687 3702 2573 "1592 3945 9319 J09

1 799

11 6174 834

14 717

9 46111 79022 1785 ?187 393

39 527

4 64511 4857 112

14 070

608 038335 301279 737

1 608 Q3g

335 3014Q 7Q1

24, 379

35 27558 28143 21586 78931 515

272 73774 347

IQ« 3Q.n

157 9351 124, 395i log 385*57 175!54 130

1254 697

J 26, 951i 50 144i 24 511i 75' 694

95 47563 10639 359

95 931

63 547o 4798, 0334 300

6 59813 9169 373

15 5844 1739 460

17 6062 8285 5713 295

°9 7902,759

10 73310 717

16 1512 4466 9851 579

39 3847 2409 igg3 5259 6446* 6959 9551 886

11 8215 079

15 491

9 924JO JQ9

9 5 869

5 9997 QQQ

34 764

5 09713 173

7 45916 353

659 191367* 489

9Ql' 7rtO

J659 191

367 489

CO 4Q1

27. 281

37 73666* 96647 o.°,non 41 Q

30 9^2

OQJ 709on 97A

911 47Q

24, 6958,211

4451,7572,2654,1162, 1211,428

4 77810, 5699 3045, 5224 484

91 959

2,2354 1909 1086 679

93, 41561. 64331 772

94 928

62 1002 4757 9664 280

6 430jo 6899 198

15 1533 9782 439

17, 024o §14*i 9443 091

29 299

2,73510 51410 557

15 7842 4176 1291 505

09 1 907 3802 2323 5482 Kj46 464o i OA

1 889

11 803"5 047

15 978

9 918I9' 199°4 Q71

5 1917' 8fi9

34 157

5 09912 840

7 78015 832

CO eno

32 8199K 770

56 669

31 986e 97ft

2, 610

3 qi C

C QK7

3 CKA

8 f)QC

9 qcn

94 fift?.ft 79,9

17 QR.1

25, 0058,339

4241,8182,2854,1432,0761,522

4 79010, 7639 3765 1354 568

22 053

2,2254 3512 0896 417

94 11862, 17331 945

94 964

62 7042 4737 9754*272

6 44312 9499 280

15 3764 0672 436

17 1012 7985 3863 076

99 5522,732

10 58410* 740

16 0512 4456 2591 560

32 2607 2779 2493 5432 5776 5959' 1411 881

11 9975 078

15 185

9 94919' 1 1 Q25 3875 1817' QO1

q4 497

5 104j9 973

7 7°>fl

16 151

re OA o32 056

eft A qn

31 436

2, 498

5 KQC

7 fi^ft9 fil ft

94 QQ4

6 0 CQ

ie IQK.

24, 8778,330

4331,7712,2984,1642,1321,435

4 55710, 7269 3394,6714 614

21 981

2,0824 4572 1996 381

94 75562, 57032 185

95 474

63 0892 4788 0134 285

6 51113 1109 315

15 4314 0872 447

17 2172 7905 4603 106

29 6932,758

10 69310 753

16 1792 4656 °79

1 579

32 3857 2952 2383* 5029 fil ft

6 5819' -i oc

1 869

11 966e f>7fi

15 343

9 Q47

9C el 9

5 193

O A ftl 9

5 11413* 036

Ifi 98Q

er 079on 4qn

ce Q19

31 048

2,129

3 1 C7

5 47°.

3 1 71

10 n«n

24, 9378,513

4341,7312,2804,1142,1391,370

4 62010, 8999 2014,4944 555

21 771

2,0784 4762 2596 275

95, 47563, 10632 369

95 931

63 5472 4728*0334 300

6 59813' 2169 373

15 5844 1732 460

17 6062 8285 5713 295

29 7902,759

10 733lo' 717

16 1512 4466 2851 572

32 3847 2402 1983 5252 fi44

6 6252 9CC

1 88fi

11 8215 072

15 491

9 9241 9' 1 0,99c oft 9

5 2997' osn

ox 7fi4

5 09713 173

7 A EQ

1 ft ̂ ^

CO C4Q

90 74f»

ec i qo

30 209

1,981

3 QQQ

c c7fi

2 CnQ

94 Q9Qft 7fi1

1Q IfiO

25, 1408,510

4591,7842,3384,0062,2411,492

4 51110, 8899 0194, 1594 515

21 977

1,9963 9591 7926' 346

96, 27163, 70232 569

96 200

63 9092 4928 1144 265

6 69513 2679 404

15 6654 2102 475

17 4182 9045 2593 263

29 5842,824

10 38810 857

16 9072 3867 0241 545

32 2917 2402 1703' 4562 6716 5572 01 q

1 913

11 647e f)7fi

15 568

9 one

c\K. neq

5 337

°.4 01 n

5 14213 150

7 4QRIfi 44Q

KI qee

97 7ftft

M i 1 n

29 046

1,963

3 n i f i5 408

2 1 Q°.

9C A7q

6 0-1 jr

10 OC.C

25, 3408,547

4281,7822,3614,2372,1621,559

4 44510, 9779 4784,3554 466

21 892

2,0284 3281 9246 554

97, 18164. 24432 937

96, 652

63 9772 5278 1244 251

6 70813 3459 493

15 5224 1672 509

17 7022 9395 5443 204

29 9652,741

10 82410 788

16 3102 4446 4701 530

32 6757 4519 JgQ

3 4399 fift°

6 619

9' q9o

1 946

11 8185 013

15 844

q 0961 9' °,7425 995

5 2998 nne

qe i eq

5 15313 0447 9Q4

1 fi .̂89

C C Q41

qn 499

KA 714

29 368

1,813

3 90,p

5 C.44

7 O4fl

2 C.79

9C OAK

6 O9q

1C AO1

25, 4668,759

4441,8192,3564,2442,1231,551

4,44611, 1419 1934, J994 440

21 804

2,0464 2921 9436 379

97, 50464, 59932 905

96 982

64 2632 5358 2544 358

6 74513 4479 551

15 5154 1282' 583

17 6983 0125 5403 148

30 0602,762

10 87510 826

16 5052 4806 ^831 541

32 7197 4872 1593 4232 6866* 6409' ̂ ^1 958

11 9364 Q CO

15 825

9 ft4K

26 0035 25 *5Q' nnc

qe 4qc

5 16913 0157 39fi

16 71s"

cc qc.9qn 419

M qqn

98 Rfil

1,948

39°.ef 14Q

B onn1 Q C.7C

24, 9068,587

4541,7362,3264,0002,1391,441

4 42410, 9209 2704,4234 326

21 176

2,0614 5152 0106 252

98, 58865, 28533 303

97 791

64 6892 5748 5444 571

6 70213 5729 587

15 4424 1152 637

17, 5703 0275 5653 117

30 3092,891

10 94610 783

16 8102 6266 6481 549

33 1027 5792 1653 4272 7136* 7042 q 74

1 948

11 9504 993

16* 159

9 93019' ^fi^26 185

5* 2458 nqr

qc oqi

5 16912 9417 ^Q

-if. ni i

KA ftO9

9Q ^Q4

cq q74

28 449

2,036

2 Q4.q5 987

G qftfi9 f!4ft

G QfiG

10 OKA

25, 1738,641

4441,7402,3254,2002,1561,484

4,58510, 8709 4834,5234 452

21 748

2,1434 2552 0036 697

98, 62565, 22233 403

97, 635

64 4472 573s'6094,589

6 64813 6189 454

15 3094 0402 681

17, 4473 0345 5373 087

30 3082,939

10 94010 709

16 6922 6366 5951 513

qq 1 00

7 5819 149

3 431

9 fiQ7

6 7989 414

1 920

11 9215 013

16* 954

9 8471 9* ^f\496 J JQ

5 1618 m fi

qc nqo

5 05012 872

7 1 SQ1 ft QQQ

C4 QAQ

9Q 89s,

cc i qn

29 977

2,234

3 qQ1

C 4ftQ

6 oqn

9 ^Q7

9C i ft9

6 81O.1C Q.K.O

25, 8008,837

4171,7512,3164,1682,1271,536

4 88911, 2229 0794,7894 554

21 905

2,1974 0972 1306 446

98,07364,77933 294

97, 706

64 3952 5588 5984,608

6 63313 7039 521

15 1903 9772 674

17. 4383 0465 6083* 029

30 2632,921

10 98410 641

16 6942 6316 6321 520

33 3117 5639 j423 3802 7386* 8952 446l' 915

11 9105 OO9

16? 399

9 81312 58726* 2415 094o 09fi

35 945

5 01812 8167 104

17' 026

58 58232 147OA 4'^r;

55 778

30 028A nQO

2,302

3 CAQ

5 1723 7997 qr»49 184

9c 7K.fift 09^

1Q 09^

25, 7108,538

4591,7832,4184,1662,1361,598

4,81610, 9189 3454,9664,643

22 337

2,0994 1922 0486 727

97, 92164,83833 083

98, 260

65 0792 5878,6414,658

6 69713 8769 690

15 3394 0362 685

17, 4703 0355 5923' 081

30, 6052,939

11 12710 717

17, 0042 6676 8471 541

33 1817 4572 1453 3832 7546 9212 3801 930

11 8494 977

16 355

9 89212 46526 6135 1818 086

36 023

5 10812 906

7 14317 285

52 42228 17124 251

57 jjj

31 3994 RQ4

2,387

3 2205 4014 1138 0763 047

25 7jo7 J29

18 .Wl

' 25, 426'8.547

-445r 1, 691' 2, 366r 4, 184r 2, 165

1,541

-4 608r 10, 922' 9 481*• 5, 084- 4, 627

r21 974

r 2, 005r4 291T 2* 112'6 687

r 98. 145'65, 141r33 004T 98, 488

'65 290r 2 626' 8, 738T 4, 726

' 6 801r!3 861

T 9 676'15 262' 3 993' 2 680

'17,621r 3 091' 5 603'3 096

'30,555' 2, 940

'11 055'10 649

'17 114r 2 707' 6* 879r 1 517

'33 198' 7 336

2 171r 3 381

' 2 758' 6 943r 2 422' 1 908

'11 856r 4 896

'16 446

'10 037' 12 415'96 456r 5 136r 8 173

'36 271

' 5 159'12 761

7 056T 17 337

'53 841'2s' 152'95 689

'55 968

'30 537r 4 842' 2, 310

r 3 304' 5 367' 3 921' 7 559r 9 677

r25 431' 6 861

r i f t /V70

25, 4618,802

4701,6902,3244,0702, 1321, 482

4,75511, 1669,2844,1954,733

21, 975

2,1374, 1782,0796,520

97, 74664, 77432, 972

98,605

65, 2742 6618,7524,655

6,96913, 8039 692

15, 1063,8152,688

17, 7173 1405,6143,004

30, 4542,970

10 95710 656

17, 1032 6426,9241 446

33 3317,3862 1713 4052 7536 9972 4201 938

11, 8344 874

16 623

10 00512 50126 428

4 9528 348

36 371

5, 14412, 7267 028

17, 356

57 64730 94496 703

55 183

29, 6224 6732,257

3 5125 2743 5766*9122 349

25 5816 921

18.640

new oVd7^fnr QPT? io7nT Ia ̂ f asonally adjusted. 2 Advance estimate; total mfrs.SSTiSS on n q 7 o T° ̂ reflect revisions for selected components. f See correspond-mfll DrodZ?,' t£h 9 Jjnclu2es data 'or items not shown separately. 0 Includes textilemm products, leather and products, paper and allied products, and printing and publishing

industries; unfilled orders for other nondurable goods industries are zero.IfFor these industries (food and kindred products, tobacco products, apparel and related

products, petroleum and coal products, chemicals and allied products, and rubber and plasticproducts) sales are considered equal to new orders.



1968 1969

Annual

1969


1970



MANUFACTURERS' SALES, INVENTORIES,AND ORDERSf— Continued

New orders, net (seas. adj. )f— ContinuedBy market category:

Home goods and apparel mil. $Consumer staples doEquip and defense prod , excl. auto doAutomotive equipment do .Construction materials and supplies doOther materials and supplies do

Supplementary series:Household durables . _ do _ _ _Defense products (old series) doDefense products (new series) doProducers' capital goods industries do _ ._

Unfilled orders, end of year or month (unadjusted),total - mil. $_

Durable goods industries total doNondur goods ind with unfilled orders© do

Unfilled orders, end of year or month (seasonallyadjusted), totalf mil $

By industry group:Durable goods industries total 9 do

Primary metals doBlast furnaces, steel mills do

Fabricated metal products doMachinery except electrical doElectrical machinery doTransportation equipment do

Aircraft missiles and parts do

Nondur goods ind with unfilled orders® do

By market category:Home goods apparel consumer staples doEquip and defense prod incl auto doConstruction materials and supplies doOther materials and supplies do

Supplementary series:Household durables do .Defense products (old series) doDefense products (new series) doProducers' capital goods industries do

BUSINESS INCORPORATIONS^1

New incorporations (50 States and Dist. Col.):Unadjusted numberSeasonally adjusted do

INDUSTRIAL AND COMMERCIALFAILUREScf

Failures, total numberCommercial service doConstruction do^Manufacturing and mining doRetail trade doWholesale trade. do

Liabilities (current) total thous $Commercial service doConstruction doManufacturing and mining doRetail trade doWholesale trade - do

Failure annual rate (seasonally adjusted)No per 10 000 concerns

256,0602115,5952 98, 601254,5532 49, 516

2 233, 713

2 25, 0042 47, 412

2 69, 647

85, 93882, 9462 992

86, 718

83, 6656,2743,081

9 96914, 74613, 11033, 65526, 939

3,053

2,20947 07810 17527,256

1,77533,09121, 77522 023

233 635

9 6361,1061,6701 5134 366

981

940 99687, 289

212 459291 700220 223129, 325

J 38 6

2 57, 7792124,3602 109, 4262 57, 3152 54, 710

2 255, 601

2 26, 8112 47, 3172 23, 1182 78, 640

88,41285, 4452 967

89, 221

86,2067,6573,896

10 68417, 20213, 40631, 57024, 293

3,015

2,01448 25310 76728, 187

1,63330 24620, 37224 993

274 267

9 1541,1591,5901 4934,070

842

1 142 113126, 537171,717406 450265, 122172, 287

2 37 3

4,74510, 5679,3015,5274,690

21, 839

2,1983,4471.4387,086

89, 95286, 9183 034

89,854

86, 8078,2624,506

10 52016, 81212, 90532, 50525, 172

3,047

2,10348 07810 67129,002

1,72430 75620, 75324 437

21 49823 138

72690

124110338

64

73 6989,416

10, 17318 41224 01611,681

39 9

4,74110, 7668,9755,0614,628

22, 259

2,1834,1831,8936,349

89, 41586, 4103,005

89, 599

86, 5638,3274,558

10 56116, 88313, 07131, 98724, 822

3,036

2,05747 60310 73129,208

1,68230 58820, 55724 369

25 05924 046

81590

14513635094

116 44313, 69621, 15128 53234 64718, 417

39 5

4,50410, 7259,9094,6834,616

21, 475

2,0324,4992,3476,744

88, 85985,8543,005

89, 623

86, 6008,0184,295

10,54416, 93313, 00332, 35924, 887

3,023

2,00348 18510 73328, 702

1,63230 63020, 70524 732

19 10923* 308

759115134131313

66

127 1387, 938

13, 03342 79921, 19242, 176

40 9

4,63210, 8989,3104,4534,589

21,256

2,0794,0921,9266,536

88, 41285, 4452,967

89, 221

86,2067,6573,896

10, 68417, 20213,40631, 57024,293

3,015

2,01448,25310, 76728, 187

1,63330,24620, 37224,993

22, 84922, 137

74887

10514635159

96 84918,5056,968

39 16221, 80010, 414

38 2

4,49710,8859,1254,1014,202

21,309

1,9873,6481,9016,542

88,14685, 2582,888

88,270

85, 3227,2353,446

10, 39917, 10513, 64231, 24723,891

2,948

1,99648 30110,45427, 519

1,62429, 93520, 48125 189

24 40722, 072

73484

11414034254

137 28237, 60820, 83542, 26024, 97911,600

33 7

4,40510, 9769,4314.2714,442

21, 189

1,9864,0181,7446,627

87, 76584,8272,938

87, 371

84,4176,8053,125

10,38417, 05513,65330, 92623, 503

2,954

1,95548, 17010, 43026, 816

1,58229,62520, 30125 262

21 79623, 249

81784

15516433579

139 3887,' 770

36,50466 58921, 6556,870

39 4

4,50211, 1418,5514,1104,453

21, 582

2,1063,9851,5795,998

86,94483,9912,953

86, 487

83, 5216,6603,036

10, 43316, 77713,66030, 43623,256

2,966

2,01147, 43910,44326, 594

1,64229, 31819, 93724 881

22 90121 091

92111315318039481

120 0217,679

13, 25846,39930, 33322, 352

40 1

4,39710, 9208,2624,4044,262

21, 129

2,0263,4251,3815,984

86,10083,0863,014

85, 322

82, 3376,9733,292

10,34416, 71413,53029, 27322, 201

2,985

1,98446 41210, 37926,547

1,60728, 22819, 30824 613

23 70621, 876

99213717416741995

131 89821, 13717, 97839 95832, 97219, 853

43 7

4,55310, 8679,0744,3344,620

21, 691

2,1244,0831,8936,302

84, 65381, 6123,041

84, 797

81, 8247,0613,427

10, 55616,58613, 58728,61921, 943

2,973

1,94945 81210,54626, 490

1,58928,05419,19824 221

21 95222 401

89110916414538885

147 8889,289

19, 30683 11823, 77412, 401

42 1

4,84311,2158,4384,7484,657

21, 877

2,1633,5111,8506,281

83,90280, 9212,981

84,146

81, 2217,1593,527

10, 80216, 34413, 35028, 35921, 599

2,925

1,89945 13310,64826, 466

1,55727, 46818, 91724 059

23 42222 276

91214313215739684

170 49816, 68021, 22993, 48529,2329,872

43 4

4,75310, 9159,8044,9804,498

22, 161

2,0414,7733,0676,411

84,18281,2052,977

84,229

81,3017,1623,656

10,69916, 17613,46828, 57821, 850

2,928

1,82745,60710,50426, 291

1,49528,04919, 93623, 742

22,83122,264

91612612319139878

251 92029,15529,049

144, 51630,13419, 066

46 8

- 4, 635'10,936' 8, 966r 4, 981' 4, 743

'21,707

r 2, 030' 4, 056r 1, 846r 6, 299

'83,200'80,270' 2, 930

'83,492

'80,561' 7, 066' 3, 678

' 10, 773' 15, 972' 13, 394'28,154'21,696

' 2, 931

' 1, 869'44 987' 10, 621'26,015

' 1, 521'27,814' 19, 670' 23, 351

20, 24122, 078

91013116015738280

169 58763, 93115, 16944, 03427, 43419, 019

47.4

4,74711, 1708,9344,1584,916

21, 258

2,1373,4121,9516,664

82, 77079, 7513,019

82, 568

79, 5346,6753,501

10,90015, 78712, 94828, 06621, 316

3,034

1,86544,59710, 80425, 302

1,51927, 04719, 54223, 493

90611111819939187

232, 94055, 67815, 04491,43154, 97015, 817

50.0

COMMODITY PRICES

PRICES RECEIVED AND PAID BYFARMERS

Prices received, all farm products} 1910-14= 100. _

Crops9 _ doCommercial vegetables doCotton doFeed grains and hay doFood grains doFruit... doTobacco do

Livestock and products 9 . doDairy products doMeat animals doPoultry and eggs do

Prices paid:All commodities and services do

Family living items doProduction items do

All commodities and services, interest, taxes, andwage rates (parity index) 1910-14=100..

Parity ratio § do

261

229302192159160316567288318346142

310335292

355

73

275220298173166154252594323331400162

324351304

373

74

275211262164166152244615331342409165

325r 355

304

375

73

277215294183165157228612329351402163

326355305

'377

' 73

282221362180162158221601334355398186

327356306

378

75

284215318169164159216603343354410200

328357307

378

75

287217336161168158207600346351420197

330360309

383

75

289221333171169159215603348344436181

333362312

386

75

289221329175167157217603346336442170

332362311

385

75

281220301180167161203603334334429147

334364313

388

72

282

233380187171160228603324329418133

334365312

388

73

281232316189173153261603323323421132

335366313

390

72

286

235290191174151276603330331423148

335366313

389

74

276226265191176161246608319339403137

335367312

389

71

281235306185190170273610320350391153

339369317

'392

72

274229261193187173251590313359379136

340369319

394

70r Revised. *> Preliminary. 1 Advance estimate; total mfrs. unfilled orders for Sent.

1970 do not reflect revisions for selected components. 2 Based on unadjusted data. t Re-vised back to 1961 to reflect revisions in the mfrs.' sales and inventories series and the retailinventories series. Data for mfrs.' sales, invent., and orders have been revised back to 1961to reflect new seas, factors and the introduction of a small number of other corrections. Re-vised data back to 1961, new seas, factors, and other technical data appear in a special Census

Bureau report entitled Mfrs.' Shipments, Inventories, and Orders: 1961-1970, Series M3-1.2(available from the U.S. Government Printing Office, Wash., D.C., 20402; price $1.00).

0 See corresponding note on p. S-6. 9 Includes data for items not shown separately.d* Compiled by Dun & Bradstreet, Inc. (failures data are for 48 States and Dist. Col.).§ Ratio of prices received to prices paid (parity index). J Revisions back to Jan. 1966

are available from the Dept. of Agriculture, Statistical Reporting Service.

S-8 SUKVEY OF CUREENT BUSINESS November 1970


1968 1969

Annual

1969


1970


COMMODITY PRICES—Continued

CONSUMER PRICES

(17. & Department of Labor Indexes)

Unadjusted indexes:All items 1957-59 = 100. .

Special group indexes:All items less shelter doAll items less food doAll items less medical care do

Commodities doNondurables do

Nondurables less food doDurables 9 do

Commodities less food doServices do

Services less rent do

Food 9 doMeats, poultry, and fish . _ doDairy products doFruits and vegetables _ _ do

Housing doShelter 9 do

Rent do _Homeownership . _ __do

Fuel and utilities 9 doFuel oil and coal doGas and electricity - do

Household furnishings and operation... doApparel and upkeep doTransportation _ do

Private doNew cars doUsed cars do -..

Public _doHealth and recreation 9 do

Medical care doPersonal care _ _ __doReading and recreation do

WHOLESALE PRICESo1

(U.S. Department of Labor Indexes)

Spot market prices, basic commodities:22 Commodities 1957-59=100

9 Foodstuffs do13 Raw industrials do

All commodities © .. doBy stage of processing:

Crude materials for further processing, doIntermediate materials, supplies, e tc .__ do __.Finished goods O do

Consumer finished goods. . do -Producer finished goods do

By durability of product:Durable goods doNondurable goods doTotal manufactures.. _ _ . _ do .

Durable manufactures doNondurable manufactures _ _ . do

Farm prod., processed foods and feeds do

Farm products 9 _ _ doFruits and vegetables, fresh and dried -doGrains doLive poultry _ doLivestock do

Foods and feeds, processed 9 do . .Beverages and beverage materials . do ___Cereal and bakery products.. _ do ...Dairy products _ doFruits and vegetables, processed. do __Meats, poultry, and fish do __.

Industrial commodities do

Chemicals and allied products 9 doAgric. chemicals and chem. prod. do __Chemicals, industrial doDrugs and Pharmaceuticals doFats and oils, inedible. _ doPrepared paint. do

Fuels and related prod., and power 9 doCoal . _ doElectric power Jan. 1958 = 100- _Gas fuels... doPetroleum products, refined 1957-59 =100. .

Furniture and household durables 9 doAppliances, household _ _ do ..Furniture, household doHome electronic equipment do

T Revised. v Preliminary. 1 Computed by <shown separately. d" For actual wholesale prices c

121.2

120. 6121.9119.7

115.3118.4117.7107.5113.2134.3138.6

119.3113.7120.6126.8119.1123.6115.1127.0110.4115. 1109.5113.0120.1119.6117.3100.8

138.2130.0145.0120.3125.7

195.7192.8197.8

' 108. 8

' 101. 2108.0111.3109.9' 115. 5

111.8106.5

' 109. 5' 112. 1

106.9

r 107. 7

102.2' 108. 3

81.984.9

104.8r 114. 2•• 109. 5' 118. 1

127.7' 114. 2

108.3

109.0

98.2••99.6

98.493.373.9

114.6

r 102. 5' 107. 1r 101. 6' 123. 9

100.3

r 103. 9r91.8

r 117. 381.0

3BE.f individi

127.7

126.3128.6126.1

120.5124.1123.0111.6118.0143.7149.2

125. 5123.2124. 5128.4126.7133.6118.8139.4112.9117.8111.5117.9127.1124.2121.3102.4125.3148.9136.6155.0126.2130.5

i 108. 1i 103. 1i 111.8

113.0

107.9111.8115.3114. 0119.3

116.6110.3113. 3116.6110.1

113.5

108.5111.083.389.8

. 118. 3

119.8112.9120.2131.9115.7119.5

112.7

98.389.897.793.888.7

119.2

104.6116.2102.7124.5101.8

106.193.0

122.378.2

9 Includeslal cominc

129.3

127.6130.0127.6

121.7125.8124.4111.6118.7146.0151.7

127.5129.0125.5126.8128.6136.1119.7142.6113.3118.1112.0119.0128.7123.6120.599.5

121.4150.3138.4157. 6127.3131.6

111.6103.6117.4

113.6

108.7112.4116.0114.7119.9

117.1111.1113.9117.0111.0

114.3

108.4103.483.489.0

119.2

121. 3113.1120.4133.4116.6122.9

113.2

98.987.498.294.0

102.1119.2

104.7115.9103.5123.0101.8

106.493.0

123.077.9

3 data fodities, se

129.8

128.1130.8128.2

122.4126.1125.1113.2119.8146.5152.3

127.2127.6125.8124.0129.2137.0120.1143.6113.5118.4112.2119.3129.8125.7122.8104.2125.8150.3138.6156.9127.3132.0

111.3105.4115.6

114.0

108.7112.8116.5115.1120.8

117.9111.2114.6117.9111.4

114.3

107.9101.384.885.3

118.7

121.6115.0121.2130.7116.0120.2

113.8

98.686.397.694.098.9

120.3

105.4120.6103.7128.7101.6

106.593.1

123.377.9

r itemse respect

130.5

128.6131.4128. 9

122.9126.7125.5113.5120.2147.2153.1

128.1127.2126.3127.0129.8137.7120.5144.5114.2118.9113.2119.6130.7125.6122.7105.1124.9151.1139.1157.4127.8132.3

111.9106.8115.6

114.7

109.0113.1117.6116.2121.5

118.4111.9114.9118.3111.6

115.7

111.1125.381.786.3

116.6

121.8116.0121.9131.2116. 3120.5

114.2

98.986.797.894.2

100.5120.3

105.5123.5103.4128.8101.6

106.993.6

123.677.7

notive

131.3

129.5131.9129.7

123.6127.7125.7113.6120.3148.3154.3

129.9127.2127.6132.1130.5138.5121.0145.4114.6119.2113.7120.0130.8126.4123.4104.9123.9153.0139.6158.1128.1132.7

112.3105.6117.2

115.1

109.9113.5118.0116.5122.3

119.0112.4115.3118.8111.9

116.4

111.7112.482.986.9

120.2

122.6116.1122.0133.9116.4121.9

114.6

98.886.797.894.692.8

120.3

106.1124.6103.4131.8102.2

107.293.6

123.677.8

commlater.

131.8

129.8132.3130.1

123.7127.8125.2113.7120.1149.6155.8

130.7128.8128.4130.9131.1139.6121.3146.8114.6119.7114.1120.1129.3127.3123.3104.7120.7165.1140.1159.0128.5133.1

113.8106.2119.4

116.0

110. 7114.4118. 8117.3122.9

119.6113.4116.1119.4113.0

118.2

112.5116.685.994.8

117.3

125.1117. 4122.3133.9116.9125.8

115.1

99.187.697.994.595.0

121.7

105.6125.4103.4132.4101.0

107.594.4

124.377.2

Ddities.OGoc

132.5

130.3133.0130.8

124.2128.4125.8113.7120.4150.7157.1

131.5129.7128.8132.4132.2140.9121.8148.5114.9120.6114.6120.8130. 0127.3123.3104.6117.8165.4140.7160.1129.0133.2

114. 3106.6120.0

116.4

113.0114.7118.8117.3123.1

120.0113.9116.4119. 7113.2

118.7

113.7117.285.987.1

124.9

125.2118.3123.3134.1117.3124.9

115.5

99.591.497.794.694.3

122.0

106.4131.7103.6135.2101.2

107.994.4

125.177.2

©Mon)ds to us(

133.2

130.7133.8131.5

124.5128.7126.1114.1120.8152.3158.9

131.6130.2129.4133.1133.6142.8122.3150.9115.6120.8114.8121.6130.6127.1123.0104.4117.6165.8141. 4161.6129.6133.6

114.6108.4119.2

116.6

114.2114.8119.0117.4123.5

120.5113.9116.6120.1113. 2

118.8

114.3118.285.590.8

129.6

124.9118.4123.7133. 1116.5127.1

115.8

100.092.097.395.0

102.2122.8

106.3133.4103.6135.0100.8

108.194.7

125.377.2

thly datfjrs, incl.

134.0

131.5134.8132.2

125.2129.3127.0114.8121.6153.4160.1

132.0130.9129.5134.7134.4143.7122.6152.1116.3120.9115.7122.0131.1128.9124.9104.3121.1165.8142.3162.8129.8134.4

114.0107.5118.7

116.6

113.4115.3118.6116.8123.7

120.9113.6116.9120.5113.4

117.6

111.3112.787.882.8

124.8

124.9118.8124.6135.1117.5124.9

116.2

100.492.497.994.7

107.6122.8

107.5145.9103.7136.2101.3

108.394.8

125.677.0

\ correspraw food

134.6

132.1135.5132.9

125.8129. 8127.5115.9122.3154. 1161.0

132.4130.5129.9136.8135.1144.7123.0153.3116.4121.0115.8122.5131.9129.9125.9104. 1127.5166.6142.9163.6130.3135.2

112.7105.4118.0

116.8

112.8115.7118.7117.0124.0

121.3113.6117.1121.0113.4

117.0

111.0123.588.483.7

122.2

124.1120.3124.6135.4118. 1122.5

116.6

100.691.798.294.7

106.8122.8

109.1146.9104.2136.1104.2

108.394.9

125.977.0

cmding txs and fue

135.2

132.6136.1133.4

126.2130.0127.7116.7122.8155.0161. 9

132.7130.2130.2139.4135.6145.6123.4154.4116.2121.2115.3122.8132.2130.6126.7103.8132.0167.8143.7164.7130.2136.1

111.5106.2115.3

117.0

113.0115.9119.0117.3124.2

121.5113. 8117.4121.3113.6

117.5

111.3122.289.277.9

123.0

124.8120.3124.6135.4118.5123.7

116.7

100.591.898.094.8

108.1122.8

108.6152.8104.3136.3102.2

108.694.9

126.077.0

) revisedIs.

135.7

133.0136.6133.9

126.5130.4127.8116.9122.9155.8162.8

133.4130.8130.6137.5136.2146.2123.8155.0117.2122.3115.7123.0131.4131.4127.2103.7131.8170.8144.3165.8130.6136.6

110.6107.6112.8

117.7

113.8116.4119.7118.0124.6

121.6114.8118.0121.5114.5

119.3

113.1112.689.281.9

126.2

126.6120.4125.8135.7118.9126.3

116.9

100.991.098.895.0

107.7122.8

108.9155.5104.8137.0102.4

108.894.9

126.377.2

annuals

136.0

133.2136.9134.2

126.6130.5127.8117.0123.0156.7163.8

133.5131.0130.8135.0137.0147.2124.2156.2117.7122.9116.4123.2131.5130.6126.4103.5129.2171.0145.1166.8131.3137.1

110.6109. 2111.6

117.2

110.9116.6119.1117.2124.9

121.7113.9118.0121.6114.4

117.0

108.299.689.277.5

118.6

126.1121.1126. 5136.2119.6122.5

117.1

101.191.698.695.5

112.0122.8

109.6157.8105.5137.2103.1

108.995.1

126.677.2

for 1968 ^

136.6

133.7137.8134.8

127.0131.0129.1117.3123.8157.7164.9

133.3130.1131. 3131.0137.8148.4124.6157.8118.2124.3116.8123.6133.6131.0126.6103.1127.4173.3145.7167.6131.7137.7

109.8108.2110.9

117.8

112.5116.8119. 9118.1125.3

121.9114.8118.2121.8114.6

118.5

111.8113.4100.581.7

114.9

126.2121.5127.9135.8120.1120.9

117.4

100.992.298.794.8

104.0122.8

111.0165.3106.1142.9103.8

109.095.0

126.577.2

will be a^

108.7107.0109.9

117.8

110.9117.1120.0117.8127.0

123.0114.0118.6123.0114.4

116.0

107.5102.496.076.5

111.8

124.9121.9128.7136.5119.1116.4

118.3

101.492.798.995.1

117.4123.2

112.6181.0108.0143.0103.8

109.295.5

126.677.4

Bailable

407-579 O - 70 - 4


COMMODITY PRICES—Continued

S-9


1968 1969

Annual

1969


1970


WHOLESALE PRICESd"—Continued(U.S. Department of Labor Indexes— Continued)

All commodities©—ContinuedIndustrial commodities—Continued

Hides, skins, and leather products 91957-59=100.

Footwear d o _ _ _Hides and skins d o _ _ _Leather do.__

Lumber and wood products do...I/umber do.__

Machinery and equipment 9 do..Agricultural machinery and equip do..Construction machinery and equip do_.Electrical machinery and equip do.Metalworking machinery and equip do..

Metals and metal products 9 do..Heating equipment do..Iron and steel do_.Nonferrous metals do..

Nonmetallic mineral products 9 (to-day prod., structural, excl. refractories

do..Concrete products do_Gypsum products do..

Pulp, paper, and allied products do_Paper do..

Rubber and plastics products § do..Tires and tubes do..

Textile products and apparel 9 do..Apparel do_.Cotton products do_.Manmade fiber textile products do_.Silk yarns do_.Wool products do_.

Transportation equipment 9---Dec. 1968=100.Motor vehicles and equip 1957-59-100.

Miscellaneous products9- do...Toys, sporting goods, etc doTobacco products do._.

PURCHASING POWER OF THE DOLLAR

As measured by-Wholesale prices ._Consumer prices...

..1957-59=$!. 00.do...

119.5128.0••99.9112.6

••119.4' 127.3

••115.4r 127.2' 130.2r 103. 1r 128. 7

112.4'95.2' 105.6' 125.1

'108.2

'113.3108.1

'106.5' 104.9••112.2'100.2'98.7

' 105. 8' 110. 6' 105. 2

90.8183.0103.7

' 105.1'111.7

108.3115.2

' $0.919.825

125.8133.2116.9119.9132.0142.6

119.0132.8135.5104.8133.4

118.997.6

111.0137.4

117.0112.2106.4108.2116.6102.198.2

108.0114.5105.292.2

169.7104.6

100.7107.0114.7111.3120.8

$0.885.783

128.2134.9128.7121.7123.2129.5

119.9133.0136.1105.4134.4

121.798.0113.2143.5

113.5

117.5113.2106.1108.8116.5102.799.2

109.0116.2105.992.1

181.2105.0

100.0106.1116.4112.1123.8

$0.880.774

127.4135.2118.0120.3122.6128.0

120.5133.2137.7105.6135.4

122.498.7

113.7144.8

113.8

117.8113.5105.9109.0116.5103.5100.6

109.1116.5105.891.6

183.9104.5

102.3108.7116.7112.3123.8

SO. 877.770

126.8135.5110.4119.6123.9129.3

121.0135.8138.6106.0136.5

122.999.3

113.7146.4

113.9

118.5113.6109.8109.3117.0104.4101.7

109.2116.7106.091.5

184.6104.6

102.7109.0117.0112.8124.0

$0.872.767

126.5135.0108.9119.7122.5128.2

121.9136.4139.8106.2138.0

123.899.7

113.9150.1

114.5

118.5114.2104.3109.5117.4104.5101.7

109.2116.9106.191.1

191.1104.3

102.7109.0117.0112.7124.0

$0. 869.762

126.6135.9102.8119.6121.6126.9

122.5136.7140.2106.8138.6

124.999.7

114.6152.8

116.5

119.4115.9107.3111.1120.3104.7101.7

109.5117.2106.191.5

193.5104.3

102.9109.1117.4114.1124.0

$0.862.759

126.7136.9101.1117.3120.2124.1

122.8137.2140.3106.9139.3

126.199.9

117.0152.8

116.9

119.4116.4108.3111.8121.5104.6101.7

109.4117.5106.191.0

196.3104.3

102.9109,1117.5114.2124.0

$0.859.755

126.8136.999.4

118.2119.5123.3

123.1137.1140.6107.2139.8

127.0100.5117.7153.4

117.3

119.8117.0107.0112.1121.6104.4101.7

109.5117.9105.890.4

194.2104.4

103.2109.4117.8115.3124.1

$0. 858.751

128.5138.4106.6120.4120.1123.5

123.4137.3140.8107.3140.3

127.8101.3117.3157.1

120.9117.2105.6112.5121.6104.2101.7

109.3117.9105.889.9

201.3104.0

103.1109.3117.8115.0124.1

$0.858.746

127.9137.8101.8120.4121.0124. 3

123.7137.4140.9107.5141.3

128.7101.7118.9157.2

117.9

121.2117.4104.0112.3121.6104.2101.7

109.3118.0105.889.5

204.8103.8

103.2109.4118.2115.1124.1

$0. 856.743

127.3137.993.8

119.8120.2123.0

124.1137.1141.0108,2141.7

129.1102.4120.2155.0

121.2118.1100.7112.2121.7104.1101.7

109.3118.4105.989.0

199.5102.8

103.3109.5121.0115.8132.3

$0. 855.740

127.1137.990.8

119.8119.6121.8

124.7137.4141.2108.6142,2

129.0103.3120.4152.6

118.1

121.3118.3100.7112.5121.9105.6107.5

109.2118.4105.888.4

201.0102.6

103.2109.4121.4115.9131.7

$0.850.737

127.1137.992.8

118.9120.2123.0

124.8137.6141.6108.8141.5

128.8103.4120.3151.1

118.5

121.3118.9104.7112.3122.5106.3107.5

109.5119.0106.388.0

201.0102.4

103.3109.5121.5116.2131.8

$0. 853.735

127.3138.893.8

116.8120.4124.1

125.3138.4142.2109.4141.5

128.7103.8120.9148.4

118.7

122.0119.799.2

112.4122.6106.0107.5

109.6119.6106.487.1

193.2*102.0

103.6109.7121.9116.4132.1

$0. 849.732

127.9139.097.2

118.1119.2123.4

126.0139.5145.0109.5141.9

129.0104.6121.6147.5

119.1

122.2119.899.8

113.0123.1106.1107.5

109.4119.9106.785.7

193.4100.9

108.2115.0122.0117.0132.1

$0.849

CONSTRUCTION AND REAL ESTATE

CONSTRUCTION PUT IN PLACE

Now construction (unadjusted) total mil $

Private, total 9 doResidential (nonfarm) _ do

New housing units do

Nonresidential buildings, except farm and pub-lic utilities, total 9 mil $

Industrial doCommercial do

Public utilities:Telephone and telegraph do

Public, total 9 do

Buildings (excluding military) 9 doHousing and redevelopment _ doIndustrial do

Military facilities doHighways and streets. do

New construction (seasonally adjusted at annualrates), total _ _ bil $

Private, total 9 do

Residential (nonfarm) doNonresidential buildings, except farm and pub-

lic utilities, total 9 bil. $Industrial doCommercial do

Public utilities:Telephone and telegraph do

Public, total 9 _ do

Buildings (excluding military) 9 doHousing and redevelopment doIndustrial do

Military facilities doHighways and streets do

84 690

56 99628, 82322 423

18 8005 5948 333

1,704

27 694

10 445746517

8249 295

90 866

62 80630 60323 689

22 0336 373

10 136

2,172

28 060

11 2261 047

512

9459 276

8 600

5 9192 7632 124

2 200621

1 033

204

2 681

9708937

951 023

91 1

63 7

29 2

23.86.7

11 1

2 4

27 4

10 69

.49

9.3

8 198

5 7962 6362 082

2 169613

1 025

222

2 402

8688242

88892

90 7

63 6

29 3

23 76 9

10 9

2 5

27 1

10 51 0

59

9*. 3

7 867

5 4832 4821 984

2 076569982

200

2 384

9219536

76822

88 8

61 8

28 8

22.86.6

10 2

2 2

27 0

10 5g48

9! 6

6 963

5 1112 2881 797

1 942575889

226

1 852

7808041

73600

89 8

61 9

28 9

22.66.4

10 3

2 5

27 9

10 71 0

59

10.3

6 091

4 3171 9611 495

1 623438750

155

1,774

8007841

61483

90 8

62 7

28 7

23.36.4

11 0

2 4

28 1

10 81 1

5g

10. 5

5 897

4 1131,7651 300

1 627415763

174

1 784

8017535

54500

92 0

63 3

28 7

24.06.0

11 7

2 4

28 6

10 91 i

59

11.1

r g 512

' 4 567' 1, 986

1 454

1 769458841

218

1 945

83411836

53581

90 7

' 64 2

29.4

23.85.9

11 8

2 6

' 26 6

10 71 2.47

q qy. o

r 1 106

' 4 990' 2, 278

1 636

1 824501840

234

2 116

8778245

56677

»• 90.4

r63.4

'29.6

22.76.2

10 6

2 9

'27.1

10 7' 1.4

.57

'9.5

' 7 686

r 5 281' 2, 461

1 743

1,891498890

235

2,405

r 8878948

72904

' 89.5

' 62.4

'28.9

22.45.9

10 6

2 8

'27.0

10 51.2'.5

99.5

8 244

5,5882,6341 876

1,948521925

271

2,656

95310447

75986

90 2

62. 1

28.1

22.75.9

10 9

2 9

'28 4

10.41.1.58

9.9

'8 470

' 5, 744' 2, 813r 1, 990

1,898519874

275

2,726

8938724

' 501,144

'90.7

'62.3

28.6

21.95.9

10.0

3 3

'28.4

10.31.0.46

100

'8 809

' 5, 962' 2, 932' 2, 072

' 1, 983'543'922

266

'2,847

98486

'42

821,134

'92.1

r63.6

29.6

'22.4'6.2

'10.2

3.0

28.5

10.51.0.5.8

9.7

8 704

5,9462,9082,093

1.988553922

2,758

47

76

92.7

64.0

30.6

21.66.09.9

28.7

.5

.7

9 Revised. * Preliminary.d"See corresponding note on p. S-8.

data for items not shown separately.eSee corresponding note on p. S-8. 9 Includes

§ Beginning Jan. 1970, retitled to read "rubber and plastics products" to cover the directpricing of plastic construction products; continuity of the group index is not affected.


Unless otherwise stated in footnotes below, datathrough 1968 and descriotive notes areas shownin the 1989 edition of BUSINESS STATISTICS

1968 1969

Annual

1969


1970


CONSTRUCTION AND REAL ESTATE—Continued

CONSTRUCTION CONTRACTS

Construction contracts in 48 States (F. W. DodgeDivision, McGraw-Hill):

Valuation total mil. $

Index (mo. data seas, adj.) 1957-59=100

Public ownership mil $Private ownership doBy type of building:

Nonresidential doResidential do

Non-building construction doNew construction planning

(Engineering News- Record) O do

HOUSING STARTS AND PERMITS

New housing units started:Unadjusted:

Total (private and public) thous. .Inside SMSA's do

Privately owned ._ doOne-family structures do..

Seasonally adjusted at annual rates:Total privately owned do

One-family structures do

New private housing units authorized by buildingpermits (13,000 permit-issuing places) :

Seasonally adjusted at annual rates:Total _ thous .

One-family structures do

Manufacturers' shipments of mobile homes:*Unadjusted doSeasonally adjusted at annual rates do

CONSTRUCTION COST INDEXES

Dept of Commerce composite 1957-59 ~ 100

American Appraisal Co., The:Average, 30 cities 1913-100

Atlanta doNew York doSan Francisco doSt. Louis do

Associated General Contractors of America, Inc.,The (building only) 1957-59= 100_.

Boeckh indexes:Average, 20 cities:

Apartments, ̂ otels, office buildings.._1957-59=100. .Commercial and factory buildings __doResidences do

Engineering News-Record:Building doConstruction do

Federal Highway Adm.— Highway construction:Composite (avg for year or qtr ) 1957-59—100

CONSTRUCTION MATERIALS

Output index: tComposite unadjusted 9 1947-49—100

Seasonally adjusted do

Iron and steel products unadjusted doLumber and wood products, unadj doPortland cement unadjusted do

REAL ESTATE

Mortgage applications for new home construction:FHA net applications! thous units

Seasonally adjusted annual ratesj doRequests for V A appraisals do

Seasonally adjusted annual rates}: do

Home mortgages insured or guaranteed by-Fed. Hous. Adm.: Face amount mil $Vet. Adm.: Face amount § do

Federal Home Loan Banks, outstanding advancesto member institutions end of period mil $

New mortgage loans of all savings and loan associa-tions, estimated total mil $

By purpose of loan:Home construction __. doHome purchase _ _ doAll other purposes do

Foreclosures number

Fire losses (on bldgs , contents etc ) mil $

* 61, 7322173

* 19 597i 42, 135

i 22 513* 24,838I 14 382

52 419

1, 545. 51 116 11 507 7

899.5

1,353695

318.0

131

9701 0721 070

966953

139

139.9139.1136.7

136.8151.9

121 6

166 0

171 1168.2198 1

166.8

131.7

6 495 943 773 88

5 259

21 983

4,91611 2155,852

110, 404

I 829 92

67, 827

193

22,85844,969

26, 08525,59016,152

57, 164

1, 499. 91, 096. 81, 466. 8

810.6

1,300617

412.7

142

,050,158,116,054,021

150

151.8149. 1148.0

149.9167.2

132.3

166 0

167 8164.5204 2

184.9

138.2

7, 120. 634, 073. 86

9 289

21 832

4,75611,2445,832

95, 856

1 952 02

5,140

173

1,7193,420

2, 0131,9521,175

3,858

132.993.9

129.371.5

1,481828

' 1, 225••576

40.1417

143

065179106063054

153

154.4151.0149 8

151 0169 1

136 3

172 2165 0

166 3166 8259 9

16 5193

11.1128

714 28363 55

7 940

1,728

377936415

7,812

154 89

6,240

195

1,6264,615

2,5022,2901,449

7,124

125.891.2

123.468.0

1,390766

1,183574

43.4454

143

1,0691,1771,1331,0631,053

153

155.1152.1149.3

151.3171.0

181 0159 7

176 1178.6260 7

19.8224

11.4127

712 12397 44

8 439

1 698

365862471

8 468

156 54

4,406

178

1,4272,980

1,5661,6751,165

6,878

97.468.194.655.1

1,280762

1,191596

32.7452

144

1,0731,1781,1361,0661,054

153

156.0152.5150.1

151.9171.7

147 6154 4

153 0147.2184 2

14.6230

11.5177

560 12328 54

8 802

1 330

286652392

7 249

146 32

5,228

218

1,7273,501

2,1681,7441,317

5,486

85.363.784.142.8

1,402776

1,239639

27.2403

145

1,0761,1781,1361,0611,054

154

156.4153.2151.0

152.2171.7

138 7

147 0171 1

158 7149.9155 4

14 9210

10.1147

595 83317 14

9 289

1 508

300687521

8 337

179 43

4,928

205

1,4333,495

2, 2521,4751,201

5, 655

69.252.066.433.4

1,059577

1,013469

23.7383

146

1,0821,2101,1691,0611,060

155

156.7154.2151.6

152.2172.2

136 7145.5

140 215l!o101 7

16.52519.4141

610 47310. 21

9 852

1 064

220530314

7,704

184 03

5,249

215

1,6523,597

2,2691,4821,498

4,092

77.055.374.341.4

1,306725

1,137562

23.9340

146

1,0841,2141,1711,0601,065

155

157.1154.5152.1

152.0172.5

142 9161 5

158 9146.6120 8

20 0250

10.7142

501 86235 24

9 937

1 042

223502317

7 137

206 89

6,140

208

2,0694,071

2,1911,9741 975

4,989

117.887 5

114.761.9

1,392708

1,099552

29.3344

146

1,0851,2211,1721,0611,066

156

158.0155.5152.3

152 2173.0

137 2

161 1166 6

175 4163 4153 9

26 5258

13.5142

581 88257 74

9 745

1 262

284585393

8 383

196 68

6,757

203

1,7914,966

2,4132,4661,878

5,857

130.291.3

128.473.8

1,224697

1,263603

39.6442

146

1,0971,2311,1781,0621,072

157

158.3155. 7152.6

154.2174.9

162 9159.8

162 7169.8196 9

27.7282

12.8134

561. 43232. 58

9 860

1 400

325627448

8 491

188 47

5,417

170

1,6953,722

1,7502,1231,545

6,457

127.388.4

125.074.8

1,242728

1,321602

32.6377

148

1,1171,2311,1781,0621,138

159

159.4157.7153.3

156.4177.0

180 7163.8217 fi

24 9269

12.2131

527 06237 52

10 008

1 586

373741472

8 639

186 94

6,553

186

2,8153,738

1,9192,2242,410

4,916

141.692.4

135.283.0

1,393835

1,306613

35.4366

150

1,1271,2311,1771,0581,137

164

159.8157.9153.6

157.5180.1

142.4

T 190 9r 162. 6T 239 o

27.7290

11.5125

696 27262. 66

10 236

2 086

3981 017

671

9,084

177 67

6,178

180

2,3133,865

2,4692,3471,361

5,248

143.4' 103. 4

140.875.5

1,603827

1, 275619

36.8432

153

1,150

168

163.8161.9157.5

160.9186.0

183 6165.9252 9

26 6294

12.7127

705 61297. 73

10 373

2 080

3931,071

616

177 85

6,230

212

2,0784,151

2,3312,3491,549

4,829

' 131. 6'92.2

' 128. 7'77.3

' 1, 425'838

1,326663

38.1407

' 154

1,158

171

164.1162.1157.8

161.4186.6

27.9319

13.2153

751. 81306. 24

10 446

'2 111

'369T 1, 147

'595

200 93

5,398

183

1,8693,529

1,9442,1761,278

4,303

' 132. 787.9

• 130. 3'75.4

1,504'877

' 1, 371'675

41.142.8

154

172

167.7165.2159.3

162.7187.2

29.4338

12.0'138

788. 61325. 77

plO, 524

2 169

3841,095

690

176. 27

7,555

140.5

138.077.2

1,550866

1,514684

176

168.1165.3159.6

3163.6' 3 188. 6

P14.3P166

' Revised. v Preliminary. 1 Annual total reflects revisions not distributed to months.2 Computed from cumulative valuation total. 3 index as of Nov. 1,1970: Building, 164.3;

construction, 190.2. O Data for Oct. 1969 and Jan., Apr., July, and Oct. 1970 are for 5 weeks;other months, 4 weeks. *New series. Data from Mobile Home Manufacturers' Association;seasonally adjusted annual rates calculated by Bu. of the Census. Available earlier data will

be shown later.{Revisions for 1961-68 for FHA applications and for 1961-Feb. 1969 for requests for yA

appraisals (seas. adj. annual rates) will be shown later. Revisions for 1964-68 for constructionmaterials output indexes appear in the Dec. 1969 issue of Construction Review (BDSA).

9 Includes data for items not shown separately. § D ata include guaranteed direct loans sold.

November 1970 SURVEY OF CURRENT BUSINESS S-ll


1968 1969

Annual

1969


1970


DOMESTIC TUADE

ADVERTISING

Television advertising:Network (major national net works):

Net time costs, total mU. $Automotive, inch accessories. _ . doDrugs and toiletries doFoods, soft drinks, confectionery doSoaps, cleansers, etc ._ _ _ do _Smoking materials doAllother do _

Magazine advertising (general and natl. farm maga-zines) :

Cost total mil $Apparel and accessories do.Vutomotive, incl. accessories _doBuilding materials doDrugs and toiletries _doFoods soft drinks, confectionery do

Beer, wine, liquors. doHousehold equip , supplies, furnishings doIndustrial materials _doSoaps, cleansers, etc do. _Smoking materials. doAll other do

Newspaper advertising linage (52 cities): ®Total .mil. lines

Classified doDisplay total do

Automotive - __doFinancial _ _ doGeneral doRetail do

WHOLESALE TRADE

Merchant wholesalers sales (unadj.), total, mil. $ .Durable goods establishments. .. _ do __Nondurable goods establishments do _ _ _

Merchant wholesalers inventories, book value,end of year or month (unadj.), total mil. $._

Durable goods establishments doNondurable goods establishments do

RETAIL TRADE

All retail stores:Estimated sale" (unadj ) total mil. $

Durable goods stores 9 - - doAutomotive group do

Passenger car, other auto, dealers doTire, battery, accessory dealers do

Furniture and appliance group 9 doFurniture, homefurnishings stores do _Household appliance, TV, radio do __

Lumber, building, hardware group doLumber bldg. materials dealers cf doHardware stores do__ .

Nondurable goods stores 9 doApparel group do

Men's and boys' wear stores _do_ _Women's apparel, accessory stores doShoe stores . do

Drug and proprietary stores. doEating and drinking places doFood group _ _ _ do. ..

Grocery stores doG asoline service stations _ do. _ _

General merchandise group with non-stores 9 mil. $

General merchandise group without non-stores 9 § mil. $Department stores - do

Mail order houses (dept. store mdse) doVariety stores do

Liquor stores do

Estimated sales (seas, adj.), total do

Durable goods stores 9 doAutomotive group . do

Passenger car other auto dealers doTire, battery, accessory dealers do

Furniture and appliance group 9 doFurniture, homefurnishings stores doHousehold appliance, TV, radio do

Lumber, building, hardware group doLumber, bldg. materials dealers cf doHardware stores do

1, 550. 0125.9437.0293.3144.9156.8392.1

1, 196. 163.5

112.632.3

144.4106.3

95.675.756.722.243.2

443.6

3, 381. 1923.7

2, 457. 3171.072.8

296.11, 917. 4

219, 943100, 012119, 930

22, 48713, 2459,242

"339, 324110, 24565, 26160, 6604,601

16, 54010, 2275,235

10, 984

°229, 07919, 2654,5167,4293,196

11, 45825, 285

°72, 881"67, 92524, 526

54, 493

49, 29533, 3233,2566,1526,969

1,698.8135.1496.8314.4157.5175.0420.0

1,245.360.6

114.426.5

158.7101.5

101.876.560.015.748.2

481.4

3, 575. 11, 017. 12, 558. 0

173.381.7

300.12, 003. 0

236, 708109, 578127, 130

24,36514, 3769,989

351, 633112, 77966, 91162, 0484,863

16, 71910, 4395,223

14, 56211, 2783,284

238, 85420, 1584,7617,6063,505

11, 86325, 84975, 88670, 95525, 116

58, 615

53, 08336,4113,5196,5487,403

343.821.3

103.166.439.435.078.6

113.49.49.02.7

14.68.2

7.47.06.01.14.3

43.6

293.986.1

207.816.76.1

25.1159.9

20, 6389,575

11,063

23, 66914, 1389,531

28, 5839,3645,4815,103

378

1,401855441

1,2791,018

26119, 2191,642

354626328

9692,1996,1255,7122,060

4,669

4,1862,877

274492577

29, 2599,3845,8655,272

393

1,364847417

1,190925265

133.36.2

17.12.8

14.69.4

11.310.25.61.44.3

50.5

326.389.0

237.314.77.3

30.6184.8

21, 93510, 13711,799

24, 22914, 3219,909

30,64510, 0556,0885,673

415

1,434889446

1,3091,037

27220, 5901,747

403672307

9862,2556,5936,1682,119

5,107

4,5833,126

338538611

29, 6209,3545,6385,238

400

1,358825436

1,173906267

133.95.6

13.21.6

15.811.3

12.88.96.01.54.9

52.3

339.683.4

256. 213.75.9

31.7204.9

19, 7208,892

10, 828

24, 28814, 27310,015

29, 8399,1075,3784,968

410

1,436891456

1,142879263

20, 7321,782

446666300

9662,1216,3315 9222, 053

5, 649

5,1283,515

408590639

29,4719, 2295,5655,170

395

1,332838423

1,168909259

537.650.6

157.689.938.454.2

147.0

106.73.96.61.0

15.48.1

16.64.73.7.9

5.040.9

307.266.9

240. 39.87.0

21.7201.7

20, 7039,040

11,664

24, 36514, 3769, 989

35, 9639,7995,0724,613

459

1,8471,046

6321, 186

818368

26, 1642,838

7451,025

444

1,3472,1206,8006,3512,131

8,636

8,0635,572

5071,088

87529,4199,2755,4535,086

367

1,399855439

1,180916264

69.91.85.4.8

9.15.0

3.63.13.1.9

3.933.5

247.672.9

174.710.39.6

17.8137.0

18, 8138,328

10, 485

24, 53714. 43210, 105

27, 0517,8104,6644,325

339

1,327792428871872199

19, 2411,412

368524239

1,0182,0266,8166,4072,079

3,969

3,5462,409

234414613

29, 5708,8865,1144,701

413

1,457885465

1,143897246

88.73.57.81.4

12.48.3

5.23.63.7.8

4.537.4

241.470.2

171.311.55.8

20.7133.2

18,5058,393

10, 112

24. 74614, 62210, 125

25,4377,8744.7964,489

307

1,217752370836712184

17,5631,241

292483214

9501,9456.0405,6491,917

3,719

3,2802,181

256409537

29, 9809,1435,3254,901

424

1,422892426

1,205949256

(0C1)0)0)(00)C1)

109.86.2

10.72.4

13.49.3

7.85.63.51.94.6

44.5

289.080.2

208.813.16.8

23.8165.2

20, 5929,370

11,221

24,90714,81710, 090

28, 7158,9185,4565, 083

373

1,290802388

1,031828203

19, 7971,587

331586319

1,0222,1416,4385,9962, 128

4,614

4,1522,788

312528587

29,8019,1345,3504,921

429

1,418868426

1,168927241

112.16.59.92.6

14.38.5

8.17.24.41.75.2

43.8

303.881.8

222. 015.37. 1

27.1172.5

20, 3339,371

10, 962

25,01014, 97410, 036

29, 6549,5355.7935,351

442

1,317826402

1,186933253

20, 1191,530

336588272

9892,2296,4976,0512, 178

4,739

4,2752, 930

290509615

30, 5369,3405,4695,029

440

1,454877469

1,158914244

121.24.1

11.13.1

15.19.7

9.19.75.11.95.6

46.6

313.487.4

226.016.95.1

26.8177.2

20, 2479,294

10, 953

24, 93814, 92110, 017

31, 3269, 8335,8595,400

459

1,355860410

1,288988300

21, 4931,634

373618291

1,0402,4527,0256,5572,298

5,007

4,5303,067

286584671

30, 5029, 3205,3494,909

440

1,435876461

1,217936281

101.02.09.01.7

15.28.4

10.05.84.81.45.3

37.5

284.379.9

204.415.76.8

21.6160.3

21, 29110, 02011,271

25, 08215, 0889,994

31,41510, 4186,2725,798

474

1,407884437

1,3781,063

31520, 9971,618

377610296

1,0292,4748,7816,3192,344

4,930

4,4523,056

266549652

30, 5189,4115,4835,068

415

1,413857452

1,216924292

70.71.15.9.8

11.57.6

6.34.22.81.04.5

25.0

266. 578.0

188.514.06.5

17.1151.0

20,9729,699

11,272

25, 09215, 1359,957

31, 1439,9595,8605,389

471

1,395854450

1,3811,079

30221,1841,500

344566263

1,0312, 5547,1126,6392,414

4,790

4,3232, 919

278532697

30, 7299,4875,5445,113

431

1,395848443

1,221931290

71.04.74.91.2

10.55.5

4.33.33.01.05.7

26.9

285.483.7

201.713.24.0

17.3167.2

'20,623r 9, 437'11,186

T 25, 295'15,246'10,049

'30,404' 9, 229' 5, 178' 4, 739

'439

' 1, 392'870'429

' 1, 365' 1, 086

'279'21,175

1,625'335

608'319

' 1, 047' 2, 617' 6, 859r 6, 387' 2, 275

'5,060

' 4, 569' 3, 069

298565

'687'30,781' 9, 503' 5, 522' 5, 090

'432

' 1, 399'851'444

' 1, 236'958'278

102.67.87.12.0

13.46.5

7.06.63.91.26.2

40.9

286.275.3

210.913.05.5

24.6167.8

21, 3749,832

11, 542

25, 55815, 25510, 303

29, 6649,0274,9794,575

404

1,380857418

1,3211,049

27220, 6371,661

353619339

1,0412,4076,6396,1822,127

5,039

4,5403,097

303551652

30, 8139,5465,6465,217

429

1,348857400

1,239956283

' Revised. 1 Series discontinued by source effective with 4th qtr. 1969 data. a Monthlyrevisions for Jan .-Nov. 1968 (unadj. and seas. adj. data) appear in the Census Bureau MouthyRetail Trade Report, Dec. 1969 issue.

© Source: Media Records, Inc., 52-City Newspaper Advertising Trend Chart. 9 In

eludes data for items not shown separately.cTComprises lumber yards, building materials dealers, and paint, plumbing, and electrical

stores. § Except department stores mail order.



1968 1969

Annual

1969


1970


DOMESTIC TRADE—Continued

RETAIL TRADE— Continued

All retail stores— ContinuedEstimated sales (seas, adj.)— Continued

N ondurable goods stores 9 mil $

Mien's and boys' wear stores do^Vomen's apparel accessory stores doShoe stores do

Drug and proprietary stores doFating and drinking places doFood group do

Grocery stores doGasoline service stations do

General merchandise group with non-stores 9 mil $

General merchandise group without non-stores 9 § mil $

M!ail order houses (dept store mdse )doVariety stores do

Linuor stores do

Estimated inventories, end of year or month : tBook value (unadjusted) total 1 mil $

Durable goods stores 9 doAutomotive group - - doFurniture and appliance group doLumber building hardware group do

Nondurable goods stores 9 doApparel group doFood group - - - -do__ _General merchandise group with non-

stores mil. $Department stores _ - do __

Book value (seas adj ), total t do _ _Durable goods stores 9 do

Automotive group doFurniture and appliance group doLumber building hardware group do

Nondurable goods stores 9 do .A.pparel group _ _ -doFood group doGeneral merchandise group with non-

store1' mil. $Department stores do

Firms with 11 or more stores:Estimated sales (unadj ) total 9 do

Apparel group 9 - doMen's and boys' wear stores doWomen's apparel accessory stores doShoe stores do

Drug and proprietary stores doEating and drinking places doFurniture and appliance group do

General merchandise group with non-stores9 mil. $

General merchandise croup without non-stores § mil. $

Dept stores excl mail order sales doVariety stores do

Grocery stores _ do __Tire, battery, accessory dealers do

Estimated sales (seas, adj.), total 9 do

Apparel group 9 doMen's and boys' wear stores doWomen's apparel, accessory stores doShoe stores do

Drug and proprietary stores doEating and drinking places . do

General merchandise group with non-stores 9 mil. $

General merchandise group without non-stores § mil. $

Dept. stores, excl. mail order sales doVariety stores do

Grocery stores. __ _ _ _ _ _ _ doTire, battery, accessory dealers do _ _ .

All retail stores, accounts receivable, end of yr. or mo.:Total (unadjusted) mil. $

Durable goods stores doNondurable goods stores do

Charge accounts _. _ _ doInstallment accounts do

Total (seasonally adjusted) doDurable goods stores doNondurable goods stores .. __ do __

Charge accounts doInstallment accounts . do

40 60118, 4128,6532 9892 621

22, 1894,0504,393

8,3144,886

41, 60418 8518 7763 0662 705

22, 7534,2144 375

8 8495 187

a 94 194

5 186767

1 8371 3353 3732 1221 303

38 395

35 70826 1844 821

°34 2951 736

20, 6307 140

13 4908,677

11, 953

19 3786,941

12, 4378,317

11, 061

43 53519, 5279,4243 1222 546

24, 0084,4264,691

9,1865,348

44, 62319, 9809, 5583 1992 627

24, 6434,6064,672

9 7775,677

103, 070

5,921905

2,0901,5983,7772,4871 354

41 997

39, 22228 9345 232

37, 1631 816

21, 4907, 174

14,3168,648

12, 842

20, 1406,976

13, 1648,280

11, 860

198751,676

388645316

1,0192 1736,3265,9072 089

4 864

4,3622 988

281526617

43 37018, 5698,3383 1082,639

24, 8014, 8164,550

9,9085, 803

43, 89719, 6339,4753 0862,654

24, 2644,5434,591

9 5075,564

8,274

50570

178155315229113

3,320

3,0842, 292

390

2,955134

8,578

51480

182150341226

3,432

3,1992,360

418

3,120143

19, 7347,134

12, 6008,260

11,474

19, 9967,026

12, 9708,299

11, 697

20, 2661,719

401652314

1,0072,2196,4506,0352,090

5,000

4,4863 065

302553618

44 88219, 0758, 7133 1972 616

25, 8074,8604,664

10, 6276,269

44, 41120, 0449,7683 1162 656

24, 3674,4964,564

9, 5945,607

9,041

53185

192139318231115

3 636

3,3792,478

429

3,303159

8,822

51479

183142332228

3,559

3,3162,432

440

3,197158

19, 8537,159

12, 6948,326

11,527

19, 9967,002

12, 9948,198

11, 798

20,2421,677

406627305

1,0042,2336,4296,0122,078

4,987

4,4753 083

294550614

46 01419, 5989, 1143 2982 606

26, 4164,9754,762

10, 8346,435

44, 26819, 8359,5633 1442,611

24, 4334,5604,597

9,6455,635

9,258

556110191144320208112

4,045

3,7832,786

477

3,148146

8,739

51593

177147326216

3,519

3,2642,406

437

3,199142

20, 1437 082

13, 0618,312

11, 831

20, 0877,055

13, 0328,190

11, 897

20, 1441,681

397603335

1,0002,1376,4366,0262,097

4,998

4,5543,113

310553594

43, 53519, 5279,4243 1222, 546

24, 0084,4264, 691

9,1865,348

44, 62319, 9809,5583,1992,627

24, 6434,6064,672

9 7775,677

12, 541

906163314237489205143

6,340

6,0274,424

875

3,409171

8,902

52385

177158314207

3,695

3,4472,556

442

3,213131

21, 4907,174

14, 3168,648

12, 842

20, 1406,976

13, 1648,280

11,860

20, 6841,616

391608273

1,0382,2096,6746,2392,184

5,061

4,6033 108

330574649

42 92719,4719,4203 0252 530

23, 4564, 2564,550

9,0805,230

44, 01419 3429 0663 1382 550

24, 6724,6064 577

9 8285,741

8 112

38773

13110132220388

2 808

2 6131 921

326

3 511112

9 038

48782

173125349215

3 646

3 4282 498

460

3 344136

20, 5946,802

13, 7928,142

12, 452

20, 1986,930

13, 2688 262

11,936

20, 8371,735

420650296

1,0342,2706,6556,2212 183

5 114

4,6123 129

338560633

43 79319, 8279, 5733 0462 523

23 8964 3854, 588

9,3195,376

44, 13319 3888 9893 1342 533

24 7454,5634 634

9 8645 731

7 316

35258

12097

29419385

2,624

2,4061,746

321

3,028103

9,078

52185

175140339217

3 698

3 4422 534

448

3 306140

20, 0866,786

13, 3007,993

12, 093

20 4337,077

13, 3568 428

12 005

20, 6671,608

383590271

1, 0512 2736 6796,2332 203

5 001

4 5273 060

323562655

44 80020 2349,8673 0812 577

24 5664 5444 643

9 7135,671

44 32519 4719 1533 1182 519

24 8544 6514 634

9 9^65 810

8 463

50766

167159348215100

3 306

3 0722 241

415

3 179127

8 952

47773

164127361214

3 605

3 3622 476

443

3 318146

20 0106 794

13 2168 089

11 921

20 3757 074

13 3018 390

11 985

21, 1961,728

397634293

1,0442,2966,7476,2902,213

5 271

4,7963 285

309596669

45 36320, 44010, 0183 1162 598

24, 9234,6114,664

9,8655,713

44, 32619 4269, 1663 0822 503

24, 9004,6204 664

9 8735 713

8 560

46063

163124322234105

3 405

3 1742 355

409

3 166155

9 160

53074

185142348234

3,782

3 5352 608

473

3,274151

20, 0836 819

13 2648 199

11, 884

20 3636 983

13 3808 325

12 038

21, 1821,684

387627284

1,0402,3536,7656,3052,233

5,200

4,7333,185

336613674

44 82820, 24210, 0353 0432 548

24, 5864,5394,664

9,7195,622

44, 10919, 3469, 2403 0252 488

24, 7634,6134,673

9,8305 696

9,160

48571

170134347221106

3 599

3,3512 467

484

3,468159

9,167

49673

172132347215

3,750

3 5022,554

488

3 344149

20 2546 865

13 3898 403

11,851

20 3156 902

13 4138 268

12 047

21 1071,694

373661296

1,0442 3416,8186,3642 237

5 106

4,6283 151

307575678

44 85920, 34910, 1623 0462,548

24, 5104,4544,671

9,7355,605

44, 52719 5529,4153 0342 528

24, 9754,6494 694

9 9935 796

8 986

50372

182147342222109

3 562

3 3152 475

440

3 323163

9 189

51771

191148354212

3 665

3 4202 531

462

3 444144

20 4917 183

13 3088 550

11 941

20 4287 040

13 3888 348

12 080

21, 2421,704

386650295

1,0552,2996,7516,2992,237

5,246

4,7663,247

327575693

44, 81920, 11610, 0073,0172,539

24, 7034,4804,687

9,9805,768

44, 96519, 7399, 6133,0262,552

25, 2264,6474,763

10, 1985,922

9,018

42855

160117356231105

3,463

3,2222,376

424

3,515164

9,227

50968

187138364221

3,746

3,5042,569

467

3,377154

'20, 257r 7 139r!3 118'8 357rll 900r20 533»• 7 015r!3 518r 8 357r!2 176

r21, 2781,715r380

658r324

' 1, 071r 2 347r 6, 814r 6, 349'2 156

r 5 187

'4 672r 3 154

317580

r710

43 92718, 6848,5733 0052 520

25, 2434,6854,660

10, 2535,937

45, 45320, 11910, 0503,0112,558

25, 3344,5934,750

10, 2775,961

9,007

50259

179151352243100

3,624

3,3762, 491

448

3,324146

9,229

52672

187155367236

3,695

3,4412,534

465

3,427146

20, 2867 143

13 1438 305

11 981

20 6287 056

13 5728 362

12' 266

21, 2671,658

387625307

1,0952,3516,8436,3862 151

5 241

4,7273 229

310599691

44, 65918, 6658,5463 0222 534

25, 9944,8534,670

10, 8066,276

45, 69120, 27010, 1143 0042 575

25, 4214,5834 712

10 3696 017

r Revised. a See corresponding note on p. S-ll. J Series revised to reflect bench-marking to the levels of the 1968 and 1969 Annual Retail Trade Reports (Census Bureau),and also recalculation of seas, factors for all lines cf trade; description of revisions and re-

vised data back to 1961 appear on pp.38ff. of the Oct. 1970 SURVEY.shown separately. § Except department stores mail order.

9 Includes data not



1968 1969

Annual

1969


1970

Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct.*

LABOR FORCE, EMPLOYMENT, AND EARNINGS

POPULATION OF THE UNITED STATES

Total incl. armed forces overseas __ mil

LABOR FORCE

Labor force, persons 16 years of age and over_.thous._Civilian labor force do

Employed, total _ do_ __Nonagricultural employment doAgricultural employment __do

Unemployed (all civilian workers) doSeasonally Adjusted t

Civilian labor forcet doEmployed, total do

Nonagricultural employment doAgricultural employment do _

Unemployed (all civilian workers). do _Long-term, 15 weeks and over... __ do

Rates (unemployed in each group as percentof total in the group) :J

All civilian workersMen, 20 years and overWomen, 20 years and overBoth sexes, 16-19 years

Married menNegro and other racesWhite workers. _ __Occupation: White-collar workers

Blue-collar workersIndustry of last job (ri on agricultural):

Private wage and salary workersConstruction .Manufacturing

Durable goods

EMPLOYMENT

Employees on payrolls of non agricultural estab.:1Total, not adjusted for seasonal variation, .thous..

Private sector (excl. go-v't) doSeasonally Adjusted

Total _ thous..Private sector (excl. gov't). _ _ .. do_. -

Mining.. . ._ -. do--_Contract construction doManufacturing -- do

Durable goods ... .. do..-

Ordnance and accessories ... . doLumber and wood products .. do ...Furniture and fixtures doStone, clay, and glass products doPrimary metal industries doFabricated metal products doMachinery, except electrical... -do -Electrical equip, and supplies . doTransportation equipment doInstruments and related products doMiscellaneous manufacturing ind do

Nondurable goods . doFood and kindred products doTobacco manufactures doTextile mill products doApparel and other textile products... doPaper and allied products . doPrinting and publishing doChemicals and allied products .doPetroleum and coal products do _ .Rubber and plastics products, nee . .doLeather and leather products _ ..do

Transportation, communication, electric, gas,and sanitary services .. . thous

Wholesale and retail trade doWholesale trade do. . -Retail trade do

Finance, insurance, and real estate doServices doGovernment do

Federal doState and local do

Production (or nonsupervisory) workers on privatenonagricultural payrolls, not seas, adj •, thous ._

Total on manufacturing payrolls doSeasonally Adjusted

Total on manufacturing payrolls doDurable goods... ... _. do

Ordnance and accessories .doLumber and wood products ..do.-Furniture and fixtures do... .Stone, clay, and glass products . . . do -Primary metal industries doFabricated metal products .do. . .Machinery, except electrical do

i 201. 18

82, 27178, 73775, 92172,1043,8172,816

412

3.62.23.8

12 71 66 73.22.04.1

3.66.93 33.0

67, 91556 070

67, 91556, 070

6063 285

19 78111, 626

338600472636

1,3161,3901,9661,9742,039

462433

8,1551,782

85994

1,406691

1,0651,030

187561355

4,31014, 0843,611

10, 4733,382

10, 62311, 8452,7379,109

46, 47514, 514

14, 5148,457

192521390509

1,0461,0721,342

i 203. 21

84,23980, 73377, 90274, 2963,6062,831

375

3 52 13 7

12 21 56 43 12 13 9

3 56 03 33 0

70, 27458 070

70 27458 070

6193 437

20 16911 893

319609484656

1,3581,4422 0282 0132,067

476440

8,2771,796

82999

1,412712

1 0931,061

183594345

4,43114, 6453,738

10, 9073,557

11 21112, 2042,7589,446

48, 08414, 768

14, 7688,648

184529401526

1,0851,1101,379

203 61

84, 52780 98478 02674, 3973 6292 958

81 32578 19474 6963 4983 131

392

3 82 43 9

12 91 76 73 52 24.4

3 97.43 73 2

70, 96458 916

70 56758 382

6233 436

20 25211 968

306606483657

1,3811,4522 0412 0492,078

477438

8,2841,799

83992

1,409715

1 1001,064

189596337

4,45914, 7393,762

10, 9773,584

11, 28912, 1852,7479,438

48, 84415, 041

14, 8268,713

174525401526

1,1061,1161,386

203 81

85, 03881 51078 67175, 1103 5612 839

81 52378 44574 9993 4463 078'363

3 82 33 8

12 91 66 63 52 44 2

3 87 33 63 2

71, 33358 958

70 83658 544

6223 445

20 23311 965

298601483658

1,3861,4452 0502 0512 078

476439

8,2681,780

81991

1,406716

1 1061,062

191596339

4,46314, 8243,775

11,0493,596

11, 36112, 2922,7399,553

48, 87314, 953

14, 7948,703

170520401526

1,1121,1071,391

204 00

84, 92081 42778 71675, 3953 329

2 710

81 37978 52875 0943 4342 851'389

3 52 13 6

11 81 56 23 22 14 2

3 65 43 73 6

71, 35458 893

70 80858 485

6243 473

20 08211 782

296603479659

1,3841,4442 0431 9342,028

476436

8,3001,806

80993

1,405718

1,1091,064

191596338

4,46414, 8483,782

11, 0663,611

11, 38312, 3232,7309,593

48, 79714, 763

14, 6388,522

168522397526

1,1081,1061,384

204 18

84, 85681 41678 78875, 8052 9842 628

81 58378 73775 3023 4352 846

392

3 52 23 5

11 81 75 73 22 14 3

3 66 03 83 7

71, 76059 206

70 84258 481

6273 496

20 08211 773

290606478659

1,3801,4472,0511 9302 009

476447

8,3091,805

77995

1,410720

1,1101,067

192594339

4,46914, 7503,807

10, 9433,626

11,43112, 3612,7219,640

49, 09714, 680

14, 6388,516

164524396527

1,1031,1101,391

204 35

84, 10580 71977 31374, 3982 9153 406

82 21379 04175 6153 4263 172'409

3 92 53 6

13 81 86 33 62 14 6

3 97 13 83 8

69, 93357 483

70 99258 602

6253 394

20 01811 679

281605477653

1,3601,4362,0431,9221,988

474440

8,3391,817

80999

1,416721

1,1131,068

193595337

4,50714, 9383,828

11,1103,648

11, 47212, 3902,7179,673

47, 37314, 402

14, 5738,425

156523395520

1,0861,1001,383

204 51

84, 62581 28377 48974,4952 9943 794

82 24978 82275 3233 4993 427

465

4 22 84 1

13 42 o7 o3.82 35 0

4 37 94 g4 7

70, 02957 447

71 13558 694

6263 466

19 93711 625

277598472657

1,3491,4282 0481 9931 890

472441

8,3121,830

80987

1,398720

1 1131,067

193591333

4,49614, 9873,834

11, 1533,652

11, 53012, 4412,7189,723

47, 31614, 346

14, 4898,367

155515390522

1,0721,0901,381

204 66

85,00881 69077' 95774, 7863 1713 733

82 76979 11275 5623 5503 657

545

4 42 94 5

13 92 27 14 12 75 2

4 68 14 74 8

70, 46057 780

r 71,24258 739

6263 481

19 94411 648

271593471651

1,3371,4252 0461 9951,950

472437

8,2961,823

81980

1,396721

1,1131,066

194589333

4,50214, 9843,847

11,1373,665

11, 537' 12,503r 2, 766

9,737

47, 64814, 385

14, 5128,409

151511390517

1,0631,0871,381

204 84

85,23181 96078* 40874, 8773 5313 552

82 87278 92475* 3383 sgg

3 948*569

4 83 24 4

15 72 48 74 32 95 7

4 88 14 74 9

70, 75858 001

r 71,14958, 539

6223 426

19 79511 529

261585468644

1,3231,4112,0321,9791,925

471430

8,2661,805

81979

1,394721

1,1111,063

193585334

4,46814,9913,853

11,1383,673

11, 564r 12,610

r 2, 8389,772

47,85414, 240

14, 3898,318

143504386512

1,0491,0791,366

205. 02

84, 96881 74178 35774,6323 7253 384

82 55578, 44974 8363,6134 106

612

5.03.55.1

14.32.68.04.62.86.2

5.211.95.24.9

70, 78058 054

' 70,83958, 238

6203,351

19, 57211, 386

256582456638

1,3091,3942,0041,9561,897

468426

8,1861,805

81971

1,375714

1,1081,060

192548332

4,47814, 9683,859

11, 1093,677

11, 572' 12,601r 2, 768

9,833

47, 90514, 061

14, 1808,186

141501375506

1,0371,0601,340

205 20

87, 23084 05079, 38275, 1744,2084,669

82, 12578, 22574, 6713,5543,900

685

4.73.54.5

14.62.58.74.22.66.3

5.210.95.35.1

71, 38558, 746

' 70,62958, 070

6203,324

19, 47711, 286

250575453636

1,3051,3881,9821,9361,876

461424

8,1911,800

81959

1,385711

1,1031,055

193570334

4,51114, 9273,849

11,0783,679

11,532r 12,559r 2, 689

9,870

48, 58214, 261

14, 1408,134

137495372505

1,0341,0571,321

205. 40

87, 95584, 80180, 29176, 1734,1184,510

82, 81378, 63875, 1193,5194,175

711

5.03.75.0

13.92.78.34.73.16.6

5.611.06.05.9

70, 60258, 485

r 70,58757, 996

6183,314

19, 40211,217

243570454628

1,3011,3871,9691,9341,853

458420

8,1851,789

81955

1,393706

1,1051,054

191578333

4,53914, 9333,856

11, 0773,676

11,514r 12,591

r 2, 6689,923

48, 29713, 958

14, 0908,082

131491373499

1,0331,0581,316

205. 60

87, 24884 11579, 89476, 1123 7824 220

82 67678, 44575 0253 4204 231

736

5 13 74 8

15 92 88.44 82.77.0

5.512.25 75.5

'70, 52758 511

r 70,414r 57, 818

'619'3 305'19, 271•11, 134

'240••570'453'631

r 1, 298r 1, 387' 1, 939r 1,903' 1, 841

453419

r 8, 137' 1, 784

'82••954

r 1, 376

'7031,1031,053

191'567'324

' 4, 520'14, 912' 3, 840'11, 072' 3, 670'11, 521' 12,596' 2, 659' 9, 937

'48, 340'14, 101

' 13, 974'8,019

129'491

372500

' 1, 031'1,060'1,288

205 81

85, 65682 54778 25674, 7303 5254 292

83 03178 42475 0253 3994 607

792

5 54 05 1

16 82 99 05.12.87.5

6.013.86 16.3

'70, 98758 470

' 70,610' 57, 963

'621'3 253'19, 298'11, 146

'237'575'458'6351,313

' 1, 395' 1, 924' 1, 902' 1, 838

'451'418

' 8, 152' 1, 785

'74'955

' 1, 383'707

' 1, 105' 1, 056

191'572'324

' 4, 512'14, 972'3,850'11, 122' 3, 681'11, 626' 12,647' 2, 649' 9, 998

'48, 357'14, 223

' 14, 013' 8, 039

'128'495'378' 505

r 1, 045' 1, 066' 1, 280

206 03

86, 25583 17578 91675, 5223 3944 259

83 35378, 68675 3983 2884 667

745

5 64 15 1

17 13 19 35 23 27.2

6 011.96 77 1

70, 63357 868

70, 12957, 463

6213,246

18, 68910, 621

223574454630

1,2601,3561,8811,8341,558

439412

8,0681,757

74945

1,370702

1,1001,052

192553323

4,50615, 0183,865

11, 1533,695

11, 68812, 6662,653

10, 013

47, 76513, 587

13, 4167,526

117494373501994

1,0281,237

r Revised. *> Preliminary. l As of July 1.^Effective with the Mar. 1970 issue of the SURVEY, labor force data reflect new seasonal

actors; comparable figures for prior periods appear in EMPLOYMENT AND EARNINGS, Feb. 1970

(USDL, Bureau of Labor Statistics).^ See corresponding note, p. S-14.

S-14 SURVEY OF CUERENT BUSINESS November 1970


1968 1969

Annual

1969


1970


LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued

EMPLOYMENT— Continued

Seasonally Adjusted

Production workers on mfg. payrolls— ContinuedDurable goods— Continued

Electrical equipment and supplies thous.-Transportation equipment doInstruments and related products ..doMiscellaneous manufacturing ind. _ _ do

Nondurable goods doFood and kindred products. _ . - doTobacco manufactures .. do ..Textile mill products doApparel and other textile products . do - . -Paper and allied products doPrinting and publishing doChemicals and allied products. -doPetroleum and coal products doRubber and plastics products, nee _ . doLeather and leather products. do

HOURS AND MAN-HOURS

Seasonally Adjusted

Average weekly gross hours per production workeron payrolls of private nonagric. estab. K. .hours. .

Not seasonally adjusted . doM^ining doContract construction ... ..do.. ..Manufacturing: Not seasonally ad justed.- -do

Seasonally adjusted ..doOvertime hours do

Durable goods . - ..-doOvertime hours ... - do

Ordnance and accessories . doLumber and wood products ... -do .Furniture and fixtures doStone, clay, and glass products doPrimary metal industries . .. .. _. .do.-Fabricated metal products doMachinery, except electrical - doElectrical equipment and supplies doTransportation equipment doInstruments and related products doMiscellaneous manufacturing ind do

Nondurable goods _. doOvertime hours do

Food and kindred products doTobacco manufactures - doTextile mill products.. doApparel and other textile products do

Paper and allied products doPrinting and publishing doChemicals and allied products doPetroleum and coal products doRubber and plastics products, nee doLeather and leather products do

Trans., comm., elec., gas, etc*.. _ . . doWholesale and retail trade . . - -do

Wholesale trade .. . . -doRetail trade do

Finance, insurance, and real estate . .doServices* do

Seasonally Adjusted

Man-hours in nonagric. estab., all employees, sea-sonally adjusted at annual rate f _bil. man-hours. .

Man-hour indexes (aggregate weekly), industrialand construction industries, total!

1957-59-100..Mining doContract construction doManufacturing - do

Durable goods _ . .. _. - _ _ d o

Ordnance and accessories . doLumber and wood products . ..doFurniture and fixtures doStone, clay, and glass products do

Primary metal industries. doFabricated metal products. doMachinery, except electrical .-.do

Electrical equipment and supplies doTransportation equipment .. doInstruments and related products ...doM iscellaneous manufacturing ind do

Nondurable goods doFood and kindred products doTobacco manufactures. . doTextile mill products . d oApparel and other textile products. ...do

1,3191,441

285340

6,0561,192

72881

1,240536667610118435306

~ ~ ~ ~ 3 7 . ~ 8 ~42.637.440.7

3 6

41.43.8

41.540.640 641 841.641.742 140. 342.240 539.4

39 83 3

40 837 941 236.1

42 938 341.842 541.538 3

40 636 040 134 737 034 7

134. 77

115.577 9

112 6118 0123 5

903 794 3

127 3108 9

110 3126 5133 2

143.0122 4126*6109.4

110 896 283 1

107 1117 3

1,3411,456

294344

6,1201,205

69881

1,241552682622113460296

~ ~ ~ ~ 3 7 . ~ 7 "

43.037.940.6

3 6

41.33.8

40.440.240 442.041.841.642 540. 441.540 739.0

39 73 4

40 837 440 835.9

43 038 441.842 641.137 2

40 735 640 234 237 134 7

139. 09

118.180 6

119 °119 8126 0

°08 694 8

130 3113 0

114 9130 7138 2

145.7121 5131 4109.6

111 697 478 3

106 2116 9

1,3671,477

294341

6,1131,207

69874

1,236554685621118462287

37.737.943.138.141.040.73.6

41.43.8

40.340.040.141.942.141.542,640.441.641.039.0

39.73.3

40.937.440.735.8

42.938.341.842.241.037.1

40.835.640.334.137.134.7

139. 76

118.781 5

120.1120. 3127.1

197.393.7

129.4112.7

118.0131.2139.3

148.5123.6132.1108.6

111.497.878.7

105.1116.0

1,3731,468

293342

6,0911,187

68872

1,234554689619118460290

37.537.643.037.640.740.53.5

41.23.6

40.239.939.941.742.141.442.440.241.240.738.9

39.63.3

40.637.340.635.8

42.838.241.742.640.937.2

40.935.540.334.037.034.6

139. 90

117.981.1

118.8119.6126.4

192.392.6

128 7112.2

118 6129.8139.1

148.5121.7130.7108.7

110 795.477.3

104.6115.9

1,2641,418

292337

6,1161,214

67873

1,233554690619118459289

37.637.543 538.140.640.53.5

41.13.5

40.340.240.041.841.641.442.240. 140.740.938.9

39.63.3

40.837.240.735.8

42.738.441.842.640.837.3

40.735.540.334.037.234.7

139. 97

117.182 0

121.4118.1123.3

190.593.6

127.7112.5

116 8129.7137 8

136.3116. 1130.9107.1

111.498.176.0

104.9115.8

1,2551,403

292351

6,1221,213

64874

1,238557691620118457290

37.637.743 238.241.040.73.5

41.33.6

40.540.340.042.141.741.542.640.341.440.939.3

39.83.3

40.836.240.936.0

42.838.641.842.341.137.7

40.835.540.533.836.934.6

140. 25

117.881.8

122. 5118.7124.1

186.994.2

127.4113.5

116. 5130.5139.8

136.0116.9130.9112.7

111.898.070.6

105.6116.9

1,2461,384

289343

6,1481,226

67878

1,242558691619119459289

37.537.142.736.740.140.33.3

41.03.4

40.6.39.639.541.741.241.442.240.540.240.739.3

39.63.4

41.038.340.435.6

42.838.242.042.540.937.5

40.735.440.333.836.934.4

139. 44

115.480.9

113. 4-117.5121.8

178.292. 4

125.5110.9

113.4129.0137.7

135.7112.0128.9110.1

111.999.578.2

104.8116.0

1,3191,291

289343

6,1221,241

67867

1,226557690616119454285

37.337.043 438.239.839.93 2

40.53.2

41.340.139.341,740.941.141.939.740.340.238.6

39.33.2

40.737.340.135.5

42.338.041.842.741.037.1

40.735.440.233.737.034.4

139. 70

115.682 2

121. 1116.1120.0

180.192.1

123.3111.3

111.1126.9136.5

140.8104.7127.3108.1

110.8100.076.2

102.7114.1

1,3231,358

289339

6,1031,235

67861

1,223558690613119453284

37.437.243.238.040.040.23.2

40.73.2

41.139.539.441.840.741.241.840.240.440.739.0

39.43 2

40.537.540.235.6

42.238.041.842.240.737.4

40.635.340. 133.837.034.7

140. 21

115.581 6

120 6116.3120.8

174.690.1

123 6110.5

109 6126.9136.2

143.0110.4128.9108.0

110.499.076.6

102. 2114.2

1,3131,345

289332

6,0711,217

67860

1,221556687610118450285

37.236. 943. 138.339.740.03. 0

40.43.0

41.139.839.341,640.140.941.440.039.740.539.0

39.43.0

40.638.340.635.5

42.137.941.441.940.737.4

40.235.340. 133.736.934.4

139.74

114.181. 1

119.7114.7118.5

165.489.5

122.0108.9

106.6125.0133.4

141.3107.4128. 3105.7

109.897.878.2

103.1113.7

1,2941,317

286329

5,9941,216

68852

1,206551681606118412284

37.137.042.638.139.839.82.9

40.33.0

40.839.738.841.340.240.641.139.740.340.138.7

39.13.0

40.737.139.835.1

41.837.741.542.540.037.7

40.635.440.133.936.834.5

139. 05

111.779 5

116.0112.6116.3

161.988.7

117.0106.9

105 6121. 9129.9

138.2106.8125. 7104.0

107 798 076.9

100.2111.0

1,2971,309

280327

6,0061,214

67842

1,214549679603118434286

37.237.442.437.640.039.83. 1

40.43.2

40.639.638.941. 140.440. 941. 139.541.640.238.6

39.03.0

40.337.440.035.2

41.637.741.542.640.437.6

40.635.439.933.836.734.4

138. 39

111.379 3

113 4112.6116.2

156. 587. 5

116 4106.2

105 8122.5128. 1

137.8109.6123.4103.1

107 9% 976.499.5

112 1

1,2891,290

278324

6,0081,203

67839

1,223544680605118444285

37.337.642.537.439.940. 13.0

40.73.1

40.339.839.341.240.741.341.140.441.240.339. 1

39.39 q

40 237 940.335. 5

41 737 941.542 640.837 6

40.735 440 033 936 834 6

138.70

111.379 1

11° 7112 7116 1

148 587 2

117 9105 9

106 5123 8127 6

140. 1106 9122 8103.5

108 395 877 4qq q

113 9

' 1, 266' 1, 285

-274323

' 5, 955' 1, 198

'69'837

' 1, 206'540

676602117

'433'277

37.237.6

'42.237.339.839.83.0

40.32.9

'40.4'39.8

39 041.0

'40.4'40.6

40. 939. 040.740.0

' 38. 6

' 39. 13 0

' 40 7'37.4' 39. 9

35. 1

' 41 7r 37 6

4i. 3'43 1

40.4' 36 3

40.635. 439 933 936 934 7

'138.24

109.8' 7* 6

r II9 0111 0114 1

r 146 7' 87 2116 7104 8

105 5191 9124 3

135. 9105 2190 1101.8

r 106 9' % 5r 78 7r qg Q

r HI 0

' 1, 266' 1, 283

' 272321

' 5, 974' 1, 200

'62'838

' 1, 213' 545'681'606'115'438'276

36.837.042. 1

'35.0' 39. 6' 39. 3

2.7

'39.82.7

' 39.8' 39. 4' 38.3' 40. 9

41. 1' 39. 7

39. 9' 39. 2'39.8' 39. 3r 38. 2

' 38.6' 2 8

' 40 1' 36 4' 38. 9' 34. 3

' 41 4' 37. 3

42.043 0

' 39. 8r 36 5

'40.5' 35. 2' 39 7' 33 7'36 7r 34 5

' 138. 26

' 107.6r 78 7

r 1()3 0

' 109 8' II9 8

T 143 3r 87 0

' 116 5' 105 6

r 108 8' 119 9' 1°0 5

' 133. 5' 102 8' 117 2' 100. 1

T 105 9' 95 3' 68 8' % 3

' 109 1

1,206998263315

5,8901,173

61828

1. 201539675602116419276

36.836.942.136.739.639.42.7

39.82.5

40.038.939.341.039.040.140.239.839.940.038.6

38.92 7

40 738.739.834.9

41. 737.340.643.539. 736 H

40.535.239.833 736 634 5

136. 84

104.778 7

107 9105 5105 6

131 785 7

117 9105 1

98 9

116 8117 3

129. 180 1

115 399.3

105 294 579 o97 3

109 9

T Revised. » Preliminary.^Beginning with the June 1970 SURVEY, payroll employment, hours, earnings, and turnover

data reflect actual employment levels for Mar. 1969 and new seasonal factors. Data in the 1969BUSINESS STATISTICS are in accordance with Mar. 1968 benchmarks and are not comparable



1968 | 1969

Annual

1969

Sept. Oct. Nov. Dee.

1970

Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. P

LABOR FORCE, EMPLOYMENT, AND EARNINGS— ContinuedHOURS AND MAN-HOURS— Continued

Man-hour indexes, seas, adjusted — ContinuedManufacturing Indus., nondurable goods — Con.

Paper and allied products 1957-59=100Printing and publishing doChemicals and allied products _ . doPetroleum and coal products do ...Rubber and plastics products, nee doLeather and leather products do .

WEEKLY AND HOURLY EARNINGS

Not Seasonally AdjustedAvg. weekly gross earnings per prod, worker on

payrolls of private nonagric. estab. t- -- dollars ..Mining doContract construction doManufacturing establishments -- - „ do -

Durable goods .- doOrdnance and accessories . . do ...Lumber and wood products doFurniture and fixtures doStone, clay, and glass products.. do ...Primary metal industries- do ...Fabricated metal products doMachinery, except electrical - doElectrical equip, and supplies. .. do ...Transportation equipment doInstruments and related products doMiscellaneous manufacturing ind do

Nondurable goods, .do ...Food and kindred products. _ ..doTobacco manufactures . . doTextile mill products. ... doApparel and other textile products doPaper and allied products doPrinting and publishing .doChemicals and allied products doPetroleum and coal products do ...Rubber and plastics products, nee doLeather and leather products ' . _ . do ...

Trans., comm., elec., gas, etc.* doWholesale and retail trade do

Wholesale trade doRetail trade do

Finance, insurance, and real estate do .Services* do

Spendable earnings per worker (with 3 depend-ents), total private sector§_ . .current dollars ..

1957-59 dollars..Manufacturing current dollars

1957-59 dollars ..Avg. hourl y gross earnings per prod, worker on pay-

rolls of private nonagric. estab. f dollars ..Mining doContract construction.. .. doManufacturing do

Excluding overtime doDurable goods. do

Excluding overtime .. doOrdnance and accessories doLumber and wood products doFurniture and fixtures doStone, clay, and glass products ..doPrimary metal industries doFabricated metal products doMachinery, except electrical doElectrical equip, and supplies doTransportation equipment doInstruments and related products do ...Miscellaneous manufacturing ind do

Nondurable goods... doExcluding overtime do

Food and kindred products doTobacco manufactures doTextile mill products .. doApparel and other textile products doPaper and allied products doPrinting and publishing doChemicals and allied products doPetroleum and coal products doRubber and plastics products, nee... __~do~" !Leather and leather products do

Trans., comm., elec., gas, etc.* doWholesale and retail trade.. do

Wholesale trade doRetail trade do

Finance, insurance, and real estate doServices* ..... do

Miscellaneous hourly wages:Construction wages, 20 cities (EN R) : d"

Commonlabor SnerhrSkilled labor do "

Farm, without board or rm., 1st of mo do .Railroad wages (average, class I) do

117.4117.3122.783.0

158.595.9

107. 73142. 71164.93122.51132. 07135. 29104. 34100. 28124. 98147. 68131. 77141. 46118. 08155. 72120. 6998.50

109. 05114. 2493.9991.0579.78

130. 85133. 28136. 27159. 38121. 1885.41

138. 8586.40

122. 3174.95

101. 7584.32

95.2878.61

106. 7588.08

2.853.354.413.012.883.193.053.262.572.472.993.553.163. 362.933.692.982.502.742.632.802.482.212.213.053.483.263.752.922.233.422.403.052.162.752.43

4.2015.956

1.44i 3. 466

12(X9120.2125. 379.3

166.390.1

114.61154. 80181. 16129. 51140. 01138. 17110. 15105. 85133. 98158. 42138. 94152. 15124. 84161. 85128. 21103. 74115.53120. 7797.9995.4782.93

139. 32141. 70145. 05170. 40126. 1887.79

147. 7491. 14

129. 8578.66

108. 3391.26

99.9978.30

111.4487.27

3.043.604.783.193.063.393.243.422.742.623.193.793.343. 583.093.903. 152.662.912.792.962.622.342.313.243.693.474.003.072.363.632.563.232.302.922.63

4.6296.5141.58

i 3. 708

121.3120.6125.082.2

166.687.1

117.87158.41193. 36132. 84143. 45140. 48114. 45109. 08137. 80162. 93143. 14155. 00127. 39166. 66131. 43105. 06118. 00124. 1597.8998.8183.77

143. 32144. 75147. 14172. 10129. 9087.58

152. 1192.46

132. 1879.69

108. 4192. 38

102.4979.27

114. 0188.17

3.113.654.923.243.093.443.283.462.842.683.253.873.403.633.133.943.192.682.952.822.972.512.412.343.313.753.524.043.132.383.712.593.282.332.932.67

4.7516.738

3.749

121.0121.0124.383.0

165.588.3

117.31159.78189. 97132. 28142. 83140. 24114. 05108. 81137. 67160. 55141. 36155. 61126. 45165. 51131. 29105. 72117. 51121. 2996.1198.5783.77

142. 66144. 77148. 04173. 77128. 8688.80

151. 7092.13

132. 5979 20

109. 4592.81

102.0678.63

113.5787.50

3.123.694.963.253.113.453.293.482.832.683.273.853.393.673. 133.953.212.692.962.842.982.492.412.343.313.773.554.063.122.403.702.613.292.352.952.69

4.8236.7671.51

3.717

120.712L8124.683.0

164.788.2

117. 38161.08184. 39132. 36142. 55143. 32114. 11108. 81137. 85159. 39141. 86154. 87126. 77165. 17132. 75106. 90118. 21123. 4197.7399.4683.77

142. 43145. 15149. 52175. 07128. 6490.51

152. 1592.58

133. 8779.30

111. 2394.11

102.1178.25

113. 6387.07

3.133.724.973.263.123.463.313.532.862.703.293.853.413.673.133.983.232.722.972.853.012.622.422.343.323.783.564.103. 132.423.722.633.332.362.992.72

4.8486.802

3.798

121.7122.6124.882.4

165.289.5

117. 62160.64189. 13134. 89145. 53143. 91113. 88110. 57137. 76161. 38143. 79160. 33129. 65170. 49134. 23109. 02119. 60124. 6498.2699.9584.37

144. 29148. 59150. 36170. 97130. 3193.45

151. 7893.18

135. 9480.14

110. 2694.11

102. 3077.91

115. 6188.05

3.123.715.033.293.153.493.343.512.842.713.283.873.443.723.174.043.252.762.992.873.042.672.422.353.343.813.584.103.142.443.722.613.342.352.982.72

4.8536.831

3.747

121.9121.3125.283,5

165.188.7

116. 12159.05181. 00131. 93142. 04144. 73110. 65105. 42134. 15159. 42141. 45156. 14128. 15161.20132. 03108. 25117.99124. 74106. 3996.8083.07

142. 04143. 26150. 12176. 40128. 2192.74

151. 0793. 02

134. 6779.49

111.4493.98

101. 9777.37

114. 4886.86

3.133.765.073.293.173.493.363.532.832.713.283.863.453.703.184.023.262.793.012.903.082.862.422.363.353.803.604.213.152.463.732.653.352.383.022.74

4.8916.9031 67

3.820

120.2120.5124.083.9

163.786.5

116,55160.60186. 21130. 94140. 24144. 43111. 90104. 49134. 15157. 08140. 48155. 87127.04157. 21131. 45108. 64117. 69123. 20106. 6496.8083.78

140. 37144. 02149. 76176. 81127. 4892.38

151. 8893.80

135. 2079.92

112.4895.01

102. 3277.22

113. 6985.80

3.153.775.063.293.173.483.363.542.842.703.283.853.463.723.203.973.272.803.012.903.082.892.422.363.353.813.604.233.142.473.752.683.382.403.042.77

4.9136.912

3.874

120.2120.5123.482.9

162.186.9

117. 92160. 27188. 23132. 40142. 51145. 66112. 97105. 96137. 12157. 49142. 33157. 88129. 92160. 40133. 50109. 20118. 78124. 00105. 5697.0484.85

140. 70145. 92150. 48176. 81127. 2691.64

150. 7593.80

136. 0080.49

112.8596.81

103. 3977.62

114.8586.22

3.173.785.063.313.193.513.383.572.862.713.323.863.483.753.244.013.282.803.032.923.102.902.422.373.353.843.604.233.152.473.752.683.402.413.052.79

4.9276.921

3.801

119.5119.7121.681.7

161. 187.2

117. 34163.35192.91131. 80141. 50146. 06114.62105. 65139.03156.35142.10155.25128.30156.80132. 59108. 64118. 56124. 49110. 5696.5683.90

140. 53145. 15150. 18179. 77127. 3590.02

149. 2593.88

135. 6680.25

111.8195.70

102. 9576.83

114.3785.35

3.183.795.093.323.213.523.403.582.882.733.353.873.503.753.244.003.292.803.042.933.122.982.422.373.373.853.614.263.162.483.752.693.402.413.032.79

4.9636.9631.66

117.5118.0121.182.8

144.987.6

118. 40162.26194. 31132. 93143.07146. 47117.09105.88140.27157. 56143. 26154.95129.49164.02132.00108.47118. 95127. 98110. 0396.4782.84

142.12145. 89151. 42181.90123.2993.38153.1294.50136.0681.41

111. 5796.04

103. 7777.10

115. 2785.64

3.203.805.103.343.223.553.423.592.922.753.383.903.523.773.274.063.302.813.052.943.162.992.432.363.403.883.644.253.092.493.792.703.412.433.042.80

5.0487.144

116.6117.6120.583.0

154.288.0

120. 05163.88196. 99134. 40144. 94146. 11119. 50107. 92141. 10159.54145. 49155. 32130. 68170. 56133. 39108. 75119. 95127. 58115. 1497.9384.25

142. 61147. 03152. 72181.04127. 2694.87

156. 2996.12

136. 8082.86

111. 5796.95

105. 0877.72

116. 4386.12

3.213.825.133.363.233.573.443.592.982.763.403.923.543.773.304.103.312.813.062.953.153.032.432.383.423.903.684.233.152.493.842.703.422.433.042.81

5.1687.240

115.8118.4120,983.0

159.387.7

121. 45163. 88200. 20134. 46143. 87143. 28118. 31107. 86141. 25159. 96144. 79153. 06132. 14166. 06132. 87108. 29121. 44128. 61113. 6396.9684.61

144. 70148. 18153. 59184. 45129. 6893.99

159. 0698.10

137. 8385.16

112.6198.77

106. 1878.25

116. 4885.84

3.233.825.203.373.253.573.453.602.982.783.423.943.543.773.324.083.332.823.09

<= 2.983.163.032.432.393.473.923.714.253.212.483.872.713.422.443.062.83

5.3967.501 66

114.9r 116. 8

119.8r OQ Q

' 153,' 8'83.4

122. 20' 163. 97'204.05

134. 13143. 92

'145.52r 122. 31

111. 00142. 35

'160,80' 144. 89152. 31131. 74

' 164. 40' 133. 73' 108. 85'121.04' 128. 96' 104. 81' 97. 60

85.56' 146. 23' 149. 31153.68

' 184. 03130. 41' 91. 76' 159. 51

98.74' 138. 35

85.40113. 65' 99. 75

106. 7878.51

116. 2285.46

3.253.84

' 5.303.373.253.583.463.623.052.813.433.993.563.773.31

'4.11'3.36

2.823.082.97

'3.13'2.78

2.442.413.49

'3.953.73

'4.263.22

'2.48'3.90

2.72'3.45

2.443.08

'2.85

5.42' 7. 553

' 115. 2' 116. 7' 122. 6'81.7

' 153. 3'82.4

121. 36164. 51

' 193. 14' 135. 43' 145. 16' 146. 37' 120. 69' 108. 92' 143. 24'167.69' 145. 08' 152. 00' 131. 93' 167. 26' 134. 30' 109. 06' 122. 15'131.29'109.91' 96. 43' 83. 69' 147. 55' 150. 40' 158. 76

187. 49' 130. 98' 90. 50' 159. 95' 97. 08' 137. 76

83.82'112.73' 99. 76

106. 1177.68

117. 2585.83

3.283.88

'5.35'3.42'3.29'3.62'3.49

3.65'3.04'2.80

3.46'4.08'3.60'3.80'3.34'4. 14'3.40'2.84'3.14

3.02'3.21' 2.90'2.46'2.44

3.53'4.00'3.78

4.32'3.25

2.50'3.93

2.75'3.47

2.483.08

'2.90

5.4277.61

114.7115.6117.78S.3

146.383.1

121. 03166. 21201. 96133. 85142. 80145. 96119. 87112. 00143. 24154. 40145. 44153. 56132. 40163. 21137. 48110. 76121. 68130. 15115. 0999.8584.81

147. 49148. 85153. 47188. 78128. 7291.50

160. 7896.60

138. 1182.83

113. 7799.76

3.283.925.403.383.263.573.463.643.052.803.464.003.603.823.314.023.422.843.123.013.192.872.492.433.523.983.784.323.212.503.962.763.472.483.102.90

5.4807.641.61

'Revised. r Preliminary. 1 Includes adjustments not distributed by months.If See corresponding note, p. S-14. *New series. ' Corrected,cf Wages as of Nov. 1, 1970: Common, $5.52; skilled, $7.67

§ Data for 1970 are calculated on an annual basis with regard to Federal income taxes.Instead of reflecting changes as of July 1, 1970 in personal exemptions and in surtax, datareflect personal exemptions of $625 and surtax of 2.5 percent throughout the year.



1968 1969

Annual

1969


1970


LABOR FORCE, EMPLOYMENT, AND EARNINGS—Continued

HELP-WANTED ADVERTISINGSeasonally adjusted index t 1957-59=100

LABOR TURNOVERAManufacturing establishments:

Unadjusted for seasonal variation:Accession rate, total

mo. rate per 100 employeesNew hires .. do

Separation rate total doQuit doLayoff -- do

Seasonally adjusted:Accession rate, total do

New hires doSeparation rate total do

Quit doLayoff do

INDUSTRIAL DISPUTESStrikes and lockouts:

Beginning in period:Work stoppages numberWorkers involved thous

En effect during month:Work stoppages numberWorkers involved thous

Man-days idle during period doEMPLOYMENT SERVICE AND UNEMPLOY-

MENT INSURANCENonfarm placements thousUnemployment insurance programs:

Insured unemployment, all programs § doState programs:

Initial claims doInsured unemployment, weekly avg do

Percent of covered employment :d"UnadjustedSeasonally adjusted

Beneficiaries, weekly average thousBenefits paid mil $

Federal employees, insured unemployment,weekly average. thous

Veterans' program (UCX):Initial claims doInsured unemployment, weekly avg -doBeneficiaries, weekly average doBenefits paid mil. $

Railroad program:Applications thous.Insured unemployment, weekly avg__.doBenefits paid mil $

206

4.63.54.62.51.2

5,0452,649

49 018

5,733

1,187

10,4631,111

2.2

9362 031 6

23

2893229

69.2

13920

40 4

228

4.73.74.92.71.2

5,7002,481

42, 869

5,153

1,177

10, 3851,101

2.1

9232 127 9

20

3333734

87.0

10017

37.0

235

5.94.86.64.41.1

4.83.84.82.61.2

554186

904274

2,193

503

902

655840

1.62.2706

136 2

17

263230

6.5

613

2 5

227

5.04.05.32.91.3

4.73.65.02.71.3

531337

850421

3,168

463

929

745864

1.62.2686

139.5

18

293228

6.3

1015

2 9

222

3.62.84.32.11.3

4.43.44 82.61.3

324131

611368

4 308

372

1,105

8661,030

2.02.3763

136 6

22

303832

6.2

514

2 5

217

2.92.14.21.61.8

4.63.54 52.51.4

19651

446276

3,882

311

1,464

1,3631,375

2.72.3

1,020214 3

24

394842

9.5

517

3 2

203

4.02.94.82.11.7

4.23.35.02.51.5

26055

420233

3,730

326

1,958

1,5291,847

3.62.5

1,459299 4

28

446155

12.0

920

4 1

203

3.62.54.31.91.6

4.33.15.12.41.7

290106

460296

1,820

295

1,988

1,1691,874

3.62.6

1 629310 8

30

386661

12 0

418

3 4

194

3.72.64.51.91.6

3.93.05.02.21.8

390294

570364

2,230

328

1,917

1,0781,798

3.52.7

1 581331 1

29

426966

14.2

919

3 7

186

3.72.64.82.11.7

4.02.85.22.22.0

6002319

8102385

2 4, 181

352

1,885

1,3331,770

3.43.2

1,533320.2

27

477067

14 6

816

3 6

180

4.22.84.62.11.5

4.22.75.02.11.9

7502309

9602470

2 7, 516

339

1,778

1 0101,667

3 23.6

1 462292 9

26

387067

14 0

415

2 4

175

5.43.94.42.11.5

4.02.74.82.21.9

600212

'840428

5,040

374

1,696

1 1181,583

3.03.7

1 382291 7

27

477369

15 3

1211

2 3

172

4.42.95.32.12.3

4.12.84.92.21.6

'490192

'750354

4,378

333

1,897r 1, 502

1,761

3.33.6

1,414314 2

31

518477

18.0

2115

2 0

"•170

'5. 1'3. 5r 5 6

3.01.7

'4.12.9

'4 52 11.8

420135

700202

2,800

341

1,855

1,0681,710

3.23.7

1,500311 4

33

448987

18 6

1617

3 0

' "162

p4. 6P3.3p 6. 0p3. 2P 1.8

p3. 7p2. 6p 4. 4p 1.9p2. 0

550539

810655

7,625

p 1,747

'P 1, 608

P3.0p4. 1

p32

p81

pl8

FINANCE

BANKING

Open market paper outstanding, end of period:Bankers' acceptances mil. $Commercial and finance co. paper, total do_

Placed through dealers doPlaced directly (finance paper) do...

Agricultural loans and discounts outstanding ofagencies supervised by the Farm Credit Adm.:

Total, end of period— _ mil. $Farm mortgage loans:

Federal land banks _ _ _ _ d oLoans to cooperatives doOther loans and discounts do

Bank debits to demand deposit accounts, exceptinterbank and U.S. Government accounts,annual rates, seasonally adjusted:

Total (233 S MSA's) O bil. $New York SMSA . do

Total 232 SMSA's (except N.Y.) do6 other leading SMSA 'si do226 other SMSA's . do

Federal Reserve banks, condition, end of period:Assets, total? mil. $__

Reserve bank credit outstanding, total 9 ..doDiscounts and advances doU.S. Government securities do

Gold certificate account do

Liabilities, total 9 do

Deposits, total doMember-bank reserve balances do

Federal Reserve notes in circulation do

4,42820, 4977,201

13,296

11, 748

6,1261 5774,044

78, 972

56, 614188

52, 937

10,026

78 972

23, 47321, 807

45, 510

5, 45131,70911 81719,892

13 204

6 7141 7324,758

84, 050

60, 841183

57,154

10, 036

84 050

24, 33822, 085

48, 244

5,23229, 66311 87117, 792

12 996

6,6761 5854,736

9 73724 311 5

5,425.72 249 63 176 2

80,285

56,948928

54,134

10,036

80 285

23, 31721, 656

45, 818

5,25631,88112 08619, 795

U2 819

6,7001 680

i 4, 439

9 527 04,127 6

5, 399. 32 254 73 144 7

81, 919

59, 5921,690

55, 515

10, 036

81 919

25, 15023, 613

46, 128

5,21233, 63612 52421,112

112 803

6 7041 705

14 394

948444 207 5

5,276.92 224 83 052 1

84, 315

61,6031,531

57, 318

10, 036

84 315

24, 94823, 385

47, 191

5,45131,70911 81719, 892

13 204

6 7141 7324 758

9 560 44 198 2

5, 362. 22 212 93 149 3

84,050

60, 841183

57, 154

10, 036

84 050

24, 33822, 085

48,244

5 28834, 36212 03822, 324

13 388

6 7381 8044 846

9 547 54 054 0

5, 493. 52 277 43 216 1

83, 133

59, 9311,565

55, 709

11,036

83 133

25,60823,637

46,831

5,24936, 02012 87523, 145

13 597

6 7771 8444*975

9 793 54 232 1

5,561.42 309 13 252 2

83, 283

59, 5951,148

55, 823

11, 045

83 283

25, 34823, 344

46, 689

5 35237, 16413 63423, 530

13 826

6,8331 8405 154

9 845 34 336 7

5,508.62 291 43 217 2

82,709

59, 348684

55, 785

11, 045

82 709

24, 72622, 495

46,992

5 61437, 96613 73524, 231

14 032

6 8911 8285 313

10 170 24 422 0

5,748.22 417 93 330 3

84,690

60,729545

56, 508

11,045

84 690

25,89523,082

47,254

5 80139, 67413 95225, 722

14 190

6 9421 7965 452

10 021 84 249 4

5, 772. 52 4§o o3 312 5

84,024

61,6831,451

57, 307

11, 045

84 024

25,18723,041

47, 879

5 84937, 74819 93924, 759

14 353

6 995l' 7495 609

10 143 34 366 0

5, 777. 32 443 33 334 0

84,102

60,728420

57, 714

11,045

84 102

23,97021,991

48, 391

5 97336, 91112 03424, 877

14 308

7 0261 7625 519

rio 218 14 324 3

'5,893.92 508 2'3 385 6

84, 794

62, 4111,292

58, 597

11, 045

84 794

25, 25323, 072

48, 746

5,97936, 52412 04424, 480

14 338

7 0611 7785 499

'10 558 94 770 6

'5,788.32 478 8'3 309 5

:*S708

'62,089538

59, 947

11,045

85 708

24, 53622, 557

48, 952

5 84833, 92412 51821, 406

14 443

7 1011 8525 489

10 560 14 668 1

5, 892. 02 502 93 389 1

'87,366

'63,297'852

59, 975

10, 819

'87 366

'26,037'23,938

49, 128

p86, 576

63, 527427

60, 015

10, 819P86 576

25, 97424, 173

49, 314

•• Revised. P Preliminary. i Data for indicated month exclude loans by FederalIntermediate Credit Banks outside the Farm Credit Adm. system. 2 Excludes figures forthe interstate trucking industry stoppage. J Revised (back to 1960) to incorporate newseasonal factors; see note "|", p. S-15, Oct. 1969 SURVEY for data through May 1968 (revisionsfor June and July 1968,197 and 204). A See note "T'» P. S-14.

§Beginning Jan. 1970, data include claims filed under extended duration provisions ofregular State laws.

d*Insured unemoloyment as % of average covered employment in a 12-month period.OTotal SMSA's include some cities and counties not designated as SMSA's.llncludes Boston, Philadelphia, Chicago, Detroit, San Francisco-Oakland and Los

Angeles-Long Beach. 9 Includes data not shown separately.



1968 1969

End of year

1%9

Sept. Oct. | Nov. Dec.

1970


FINANCE—Continued

B ANKIN G— Continued

All member banks of Federal Reserve System,averages of daily figures:

Reserves held, total _. . mil. $Required doExcess do

Borrowings from Federal Reserve banks. _ _ doFree reserves _ . do

Large commercial banks reporting to Federal Re-serve System, Wed. nearest end of yr. or mo.:J

Deposits:Demand, adjustedo* - - mil. $

Demand, total 9 doIn di vi duals , partnerships , an d corp doState and local governments doU S. Government doDomestic commercial banks _ _ _ do

Time, total 9 _ doIndividuals, partnerships, and corp.:

Savings doOther time _ - d o

Loans (adjusted), totalo" doCommercial and industrial .. doFor purchasing or carrying securities do ._To nonbank financial institutions doReal estate loans doOther loans do

Investments, total _ doU.S. Government securities, total do

Notes and bonds doOther securities _ _ . do

Commercial bank credit (last Wed. of mo., exceptfor June 30 and Dec. 31 call dates) , seas. adj..

Total loans and investmentsO bil $LoansO - . doU.S. Government securities doOther securities do

Money and interest rates: §Bank rates on short-term business loans:

In 35 centers percent per annum..New York City... .....do....7 other northeast centers. do

8 north central centers.. do7 southeast centers do8 southwest centers. do4 west coast centers do

Discount rate (N.Y.F.R. Bank), end of year ormonth percent. _

Federal intermediate credit bank loans do _ .

Home mortgage rates (conventional 1st mort-gages) :

New home purchase (U.S. avg.) ___ percentExisting home purchase (U.S. avg.) _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 mo.doStock Exchange call loans, going rate do

Yield on U.S. Government securities (taxable):3-month bills (rate on new issue) percent..3-5 year issues _ do

CONSUMER CREDIT(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

Commercial banks doFinance companies If do

Credit unions_ _ _ _ _ _ d oMiscellaneous lenders H do

Retail outlets, total . doAutomobile dealers ... do

127,2211 26, 766

U551765

1-310

88,879

144,249102,790

7,6713,437

19, 060

112,163

49, 14945, 076

161 82074, 1499,563

11, 87232, 10640 619

68 32429 35824 03838 966

384 6251 661 571 5

3 6. 6836.45'7.01

'6.723 6 503 6. 663 6. 64

5.503 6 41

3 6 833 6.90

45.7545.9045.69*6.33

4 5. 339* 5 59

113 191

89 890

34 13024 8993 925

26 936

77 45736 95229 098

10 1781 229

12 433320

i 28, 031i 27, 774

12571 1, 086i -829

2 90 288

150 897105,6052 7, 9422 2 989

2 20, 801

2 96 589

2 46 4902 36 502

175 7562 81 491

2 7,8112 13 1482 33 6172 44 177

2 59 5362 23 8532 19 7392 35 ggS

2 401 32 278 1

2 51 92 71 3

3 8. 213 8. 023 8. 533 8. 243 7. 933 8. 193 8. 18

6.003 7. 23

3 7.663 7.68

<7.6147.8347.1647.96

4 6. 6774 6 85

122 469

98 169

36 60227 6094 040

29 918

84 98240 30531 734

11 5941 349

13 187336

26, 97126, 735

2361,067-831

80,556

135 02392,6216,9523 879

17, 613

97, 977

46 71138, 026

168 814784406,588

11 3763367645 093

58 06622 19020 55735 876

396 5271 354 770 5

6.00

7 69

7 897 92

8.148.487.618.50

7.1297 58

118 008

95 356

36 32125 732

4 09629 207

83 44039 79330 975

11 3471 325

11 916336

27,34027,197

1431,135—992

79 646

131 70690,8465,7884 754

17 070

97 170

46 37637 327

167 50477 6496 261

10 81833 95144 602

58 61723 34920 10335 268

397 6273 853 570 3

6.00

7 81

7 987 98

8.178.567.868.50

7.0407 47

118 515

95 850

36 59925 8554 084

29 312

83 94940 00631 185

11 4381 320

11 901338

27 76427, 511

2531,241—988

79 342

135 72593,1106,4523 90818 951

96 167

46 31836 547

168 74878 3106 521

11 00034 09744 439

59 27223 66820 04535 604

401 2276 453 471 4

8.838.669.21

8.838 588.798.81

6.00

7 93

7 978 00

8.188.467.928.60

7.1937 57

119 378

96 478

36 65026 223

4 07629 529

84 30140 04731 390

11 4911 373

12 177337

28,03127, 774

2571,086-829

90 288

150 897105,605

7,9422 989

20 801

96 589

46 49036 502

175 75681 4917,81113 14833 61744 177

59 53623 85319 78935 683

401 3278 151 971 3

6.00

8 15

8 078.08

8.588.847.938.50

7.7207 98

122 469

98 169

36 60227* 6094 040

29 918

84 98240 30531 734

11 5941 349

13 187336

28, 85828, 692

166965

-799

81 666

131 84792,2106,3714 47416 239

95 017

45 82035 632

167 71878 0205 96411 25333*68045 771

57 58022*43519 54235 145

398 5276 650 471 5

6.00

8.46

8 168.13

8.648.788.148.50

7.9148 14

121 074

97 402

36 29127 3463 991

29 774

84 53140 1443l' 571

11 4681 348

12 871' 333

27,97627, 703

2731,092—819

78320

131 91190,3346,3235 47316995

95 620

45 63335 648

167 60078 2156 246

11 06633 48844 909

57 04821 53419 38435 514

399 7278 549 871 4

8 868 659.23

8 868 678 878 84

6.00

8 69

8 238 23

8.308.558.018.50

7.1647 80

120 077

96 892

36 11926 9873 970

29 816

84 39339 99031 538

11 4591 406

12 499331

27,47327,358

115896

-781

84,189

141,13197, 0636,8494 119

18 952

98 229

46 22036 523

170 96379 0107 195

11 65833 45846 648

60 56623 61619 38736 950

400 9277 6

50 373 0

6.00

8 76

8 298 26

7.608 337.688.40

6.7107 20

119 698

96 662

36 08826 8143 951

29 809

84 30839 95631 433

11 5331 386

12 354331

28 09627, 978

118822

—704

80,546

131,78491,7036,4474 28116 407

99 282

45 89336 761

168 51178,9076,49711 11533 38544 845

60 86722 87819 45537 989

r 403 5r 277 0

r 52 4r 74 o

6.00

8 75

8 248 19

7.548.067.268.00

6.4807 49

120 402

97 104

36 26426 8503 960

30 030

84 80240 24531 537

11 6441 376

12 30^332

27, 91027, 729

181976

— 795

77, 923

134 00091, 5326,2893 440

18 960

99 537

46 12237 024

167 72478 0106 094

11 03433 41945 480

60 57222* 66220 17537 910

r 405 9r 278 0

r 53 4r 74 5

8 498.248.86

8.448 448 618.42

6.00

8 67

8 288.18

8.028.237.438.00

7.0357 97

121 346

97 706

36 45527 0554 003

30 193

85 33540 51531 595

11 7781 447

12 371'333

27, 56727, 380

187888

-701

81, 160

139, 08695, 2547,6535,112

18, 802

101, 580

46 42538 498

172 56080 1105,973

12 90333 49647 393

60 34622 03519 94538 311

r 406 4r 277 4

r 54 1r 75 0

6.00

8 66

8 318 19

7.788.217.558.00

6.7427 86

122 542

98 699

36 80927 3034 040

30 547

86 31140 9793l' 862

12 0301 440

12 388336

28, 12827, 987

1411,358

-1,217

79, 857

128, 66991, 0295,6954 887

17, 072

106 495

46 34441 852

171 86279 3485,919

12 98133 59745 595

61 16723 28319 63237 884

r 412 8r 281 5

r 55 8r 75 5

6.00

8 66

8 328 21

7.618.297.648.00

6.4687 58

123 092

99 302

36 91827 5384 081

30 765

86 87641 70331 561

12 1411 471

12 426337

28, 34928,204

145827

-682

79, 451

130, 92692, 1686,1424 206

18, 195

110 400

46 35144 673

173 10679 3836,286

12 92533 71047 392

63 41624 75421 00038 662

r 418 3

r 284 1r 57 5r 76 7

8.508.248.89

8.478 498.538.54

6.00

8.62

8 358.25

7.207.907.488.00

6.4127 56

123, 655

99, 860

36, 90827, 8014 104

31 047

87,31541 93431 588

12, 2921 501

12 545337

r 28, 825r28, 553

r 272

••607«• -335

80, 407

140 01894, 5217,6775 798

20, 962

113 641

46 81147 581

175 62781 1736 091

13 23133 92346 569

64 85124 79320 59840' 058

r 423 7r 287 3

r 57 678 8

6.00

8.51

8.328.25

7.037.327.127.90

6.2447 24

123, 907

100, 142

36, 73828, 0554 123

31 226

87, 47142 05131 510

12 4091,501

12 671337

28,68128, 410

271463

-192

81, 780

131, 03292, 3805,9213 721

19, 382

114 802

47 01349 086

173 82679, 9686,436

12 58934 04947 038

66 31925 59320 72040 726

424 0286 956 380 8

6.00

6.546.856.767.75

5.9277 06

r Revised.i Average for Dec. 2 Beginning June 1969, data are revised to include all bank-premises

subsidiaries, and other significant majority-owned domestic subsidiaries; also, loans andinvestments are now reported gross. For complete details see the Aug. 1969 Federal ReserveBulletin. 3 Average for year. 4 Da.iy average.

l?i?V1S,J0ris for Jan> 1969 are shown in the Mar. 1970 issue of Federal Reserve Bulletin.o"* or demand deposits, the term "adjusted" denotes demand deposits other than domestic

commercial bank and U.S. Government, less cash items in process of collection; for loans,

exclusive of loans to and Federal funds transactions with domestic commercial banks andafter deduction of valuation reserves (individual loan items are shown grbss; i.e., before deduc-tion of valuation reserves).

9Includes data not shown separately. ©Adjusted to exclude interbank loans: be-ginning June 1969, data are reported gross. §For bond yields, see p. S-20.

^Finance companies consist of those institutions formerly classified as sales finance, consumerfinance, and other finance companies. Miscellaneous lenders include savings and loan associa-tions and mutual savings banks.

407-579 O - 70 - 5



1968 1969

Annual

1969


1970


FINANCE—Continued

CONSUMER CREDIT— Continued

Outstanding credit— ContinuedNoninstallment credit total mil $

Single-payment loans, total doCommercial banks doOther financial institutions do

Charge accounts, total doRetail outlets doCredit cards _ do

Service credit _ _ _ _ _ _ _ d o

Installment credit extended and repaid:Unadjusted :

Extended, total do

Other consumer goods paper doAll other do

Repaid, total doAutomobile paper doOther consumer goods paper doAll other do

Seasonally adjusted:Extended, total _ do

Automobile paper doOther consumer goods paper doAll other do

Repaid, total _doAutomobile paper doOther consumer goods paper doAll other _ _ do

FEDERAL GOVERNMENT FINANCE

Budget receipts, expenditures, and net lending: tExpenditure account:

Receipts (net) mil $Expenditure (excl net lending) do

Expend ncct surplus or deficit ( — ) doLoan account:

Net lending do

Budget surplus or deficit ( — ) do

Budget financing, totalt do

Reduction in cash balances do

Gross amount of debt outstanding! doHeld by the public do

Budget receipts by source and outlays by agency :|Receipts (net), total mil $

Individual income taxes (net) do

Social insurance taxes and contributions(net) mil $

Other do

Agriculture Department doDefense Department military doHealth, Education, and Welfare Department

mil $Treasury Department doNational Aeronautics and Space Adm doVeterans Administration do

Receipts and expenditures (national income andproduct accounts basis), qtrly. totals seas. adj.at annual rates:

Federal Government receipts, total bil. $Personal tax and nontax receipts doCorporate profit tax accruals doIndirect business tax and nontax accruals doContributions for social insurance do

Federal Government expenditures, total., doPurchases of goods and services do

National defense doTransfer payments doGrants-in-aid to State and local govts doNet interest paid doSubsidies less current surplus of government

enterprises bil $

Less: Wage accruals less disbursements doSurplus or deficit (— ) do

LIFE INSURANCE

Institute of Life Insurance:Assets, total, all U.S. life insurance cos t bil $

Government securities* doCorporate securities* doMortgage loans, total do

N on farm do

Real estate doPolicy loans and premium notes doCash... doOther assets do

23 3019,1387,9751,163

7,7556,4501,3056,408

97, 05331 4*^430, 59335 036

88,08928, 01828, 08931, 982

1 153 671*172 802

i 19 131

i _6 030

i 25 1611 25 161i 9^ inni 2 061

369 769290 629

1 153 671i 68 7261 98 fifi^

i 34,6^21 21,659

1 178 83317 307

i 77 373

i 4Q K"7g1 14 655

i 4 791

i 6 858

175.479 337 418 040 7

181.699 578 047 818.411.8

4 1

—6 2

2 188 642 10 512 82. 132 69. 972 64 17

2 5.572 11.31

2 i 682 7.47

24 3009,0967,9001,196

8,2346,6501, 5846,970

102, 88832 35433, 07937 455

94,60929, 88230, 36934, 358

1 187 7Q2i igs 080

i 4 712

» — l 476

13 2361-3,236i j j 146

i 7 910

i 367 1441 279 483

i 187,792i 87 249

i 36 678

i 39 918i 23,948

1 184 5561 8, 330

i 77 877

i 46 599i 16,924i 4 247i 7 669

200.695 939.219 146.5

191.3101 378 852 120.213.1

4.6

9 3

22 6529 0757,8821 193

7,0055,4481,5576,572

8,4852 5662,7943 125

7,8612,4902,5292,842

8,6692 7942,7403,135

7,9712 4982,6002,873

20 41217 1743*239

—448

2 790

—2 790375

—2 415

373 953284* 224

20 4129 7765 551

3 0222 063

17 6221 8576 479

4 0711 594

294691

200.895 638 619 547 0

192.5102 579 852 220 013.2

4 6

8 3

194 8010 7482 9171.4365 56

5.8113.171 229.53

22 6659,0257,8371 188

7,0855,5681,5176,555

8,7972 9392*8053,053

8,3032,6612,6822,960

8,6612 8082,7073,146

7,9922 4632,6152,914

11 81117 580

— 5 769

—342

—6 112

6,1124 3881 724

377 615288 612

11 8116 636

843

2 3641 967

17 9231*2766 982

4 3111 296

327691

195 9310 7383 3671.5765 77

5 8513.411 279.74

22 9009 0007,7951 205

7,2385,6851,5536,662

8,1732 4332,8172 923

7,5452,3822 4492,714

8,6322 6832,8413 108

8,0122 5032*,6232,886

14 33615 229

894

—236

— 1 1301 1309 fiQ*i

— 1 565

381 19229l' 306

14 3367*236

634

4 0782 387

i ^ Afifi640

6 051

3 8571 685

267708

196 6610 7483 7571 7165 92

5 9013 581 299. fiQ

24 3009,0967,9001,196

8,2346,6501,5846,970

10, 0962 4794,0043,613

8,4052,5272,6183,260

8,3442 4722,8383,034

7,9292 4992,5522,878

16 70915 2371 472

140

1 612— 1,612

2 012400

381 220289 294

16 7096 7745 527

2 1902 219

1 ^ OQ7

5986 584

4 1371 552

296718

202 096 938 119 347 7

195 9102 178 853 321 813 9

4 9

6 1

197 2310 7783 5872 1366 35

5 9013 801 629.43

23 6729,0927,8871,205

7,5395,9321,6077,041

7,4902 1302,6632 697

8,2572,4412,9262,890

8,5212 4792,9253,117

8,1412 4692,7222,950

16 29716 558

—261

164

—9797

194291

380 502289 100

16 29710 6601 127

2 6741 837

16 394*731

6 419

4 2611* 650

291726

197 682 10 962 84. 762 72. 342 66 62

2 5. 922 14. 06

2 1 242 8. 38

23 1859,0747,8571 217

6,7895,2101,5797,322

7,1062 2142,2752 617

7,6162,3862,6342,596

8,6252 5363,0183,071

8,2072 5502,7612,896

14 93814 999

—61

104

43—4313996

380 988288 961

14 9386 965

645

5 4081 919

14 894—77

5 953

4 1201,710

299717

198 5110 9885 0272 5366 84

5 9814 301 208.50

23 0369,0547,8431,211

6,6455,0621,5837,337

8,2432 5842,7252,934

8,4732,6152,8982,960

8,3922,4962,9222,974

8,1942,5012,7922,901

13 11916 294—3 175

-254

—3 429

3,4292 3141,115

384, 169291, 275

13 1193 4194 239

3,4362 025

16 548*296

6,377

4 3871,811

325798

195.993 434 819 348 4

197.7102 379 355 323 014 3

5 3

2 5

1 7

199 4010 9485 3472 6266 94

5 9914 541 408.58

23 2989,1027,8921,210

6,9005,2891,6117,296

8,7732 7762,7923,205

8,3312,6002,7562,975

8,4912,5712,8433,077

8,1952,5272.7292,939

22, 02917,8444,186

-200

3,986

-3, 986—4 691

705

379, 316286, 584

22,02910, 7014 578

4,4192,332

18 043320

6,531

5 4851,731

000

748

199 0910 8385 1072 7967 12

6 0314 761 268.31

23 6409,1597,9251,234

7,2735,6331,6407,208

8,8572 6963,0083,153

8,2552,5052,8032,947

9,0042,5953,1833,226

8,5892,6002,8883,101

13, 98216 333

—2 351

—108

-2, 4592,4591 452l',007

382, 932288, 036

13, 9825,258

714

5,8512,159

16 441*320

6,185

4 8091,683

285803

199 1710 9084.6372.9867 32

6.0614 951 228.43

23 8439,2398,0051,234

7,4735,7651,7087,131

9,5343 0233,0193,492

8,5412,6692,7713,101

8,6832,5872,9253,171

8,2422,5732,7502,919

22,64915 3677 282

-136

7,146

-7, 1463 157

-3, 989

382, 603284,880

22,6499,3137 329

3,7672,240

15 503403

6,582

4 9621,748

378728

196.793.534.919.448.9

210.999.776.864.425.114.3

5.3

-2.1

-14.2

199 6810 7984 6673 1667 50

6 1015 181 418.38

23 7909,2548,0051,249

7,5095, 727,1,7827,027

9,4972 9523,1413,404

8,8942,8432,9063,145

9,0652,6853,1243,256

8,6222,7522,8742,996

12, 61719 352

-6, 735

17

-6, 718

6,7185 997

721

388, 214290, 877

12, 6176,281

838

3,1842,314

19 3352,6496,570

4 6301,678

268730

201. 0011.0785.4073.3567.69

6.1115.351 298.38

23, 7959,2948,0411,253

7,5085,6641,8446,993

8,9152 5403,1523,223

8,3572,5502,8892,918

8,8092,5373,1683,104

8,5772,6322,9672,978

15, 17217 429

-2, 257

-66

-2,323

2,3232 716-393

392, 545293, 593

15, 1727,219

484

5,3302,138

17 4952*2806,059

4 7221,851

282764

201. 9211.0985.8473.4367 77

6.1615.521.378.51

23, 7659,3168,0621,254

7,4895,6171,8726,960

8,5802 4023,0973,081

8,2982,5722,8432,883

8,8492,6213,0713,157

8,4902,5992,9132,978

18, 72517, 3291,396

-114

1,281

-1,2811 347

66

390, 335292, 246

18, 7259,4494 278

2,9622,036

17 443304

6,160

4 8741,818

282719

195.589.436.3

r 20 149.7

r 206. 7r 98 6r 75 8

62.9'24.4

14.8

r5 .6

— . 411.2

r Revised. v Preliminary.1 Data shown in 1968 and 1969 annual columns are for fiscal years ending June 30 of the

respective years; they include revisions not distributed to months. 2 Annual data for

1968 and monthly data beginning 1970 are annual statement values.J Revisions for July 1967-Apr. 1969 for budget receipts and expenditures and for Jan.-Mar.

1969 for assets of all U.S. life insurance cos. will be shown later.9 Includes data for items not shown sepaiately. *New series.



1968 1969

Annual

1969


1970


FINANCE—Continued

LIFE INSURANCE-Continued

Institute of Life Insurance— ContinuedPayments to policyholders and beneficiaries in

U S total mil $Death benefits doMatured endowments doDisability payments _ _ _ doAnnuity payments doSurrender values doPolicy dividends do

Life Insurance Agency Management Association:Insurance written (new paid-for insurance) :J

Value, estimated total . mil. $Ordinary (incl mass-marketed ord.) doGroup. doIndustrial. _ . do

Premiums collected:Total life insurance premiums do

Ordinary (incl. mass-marketed ord.) doGroup doIndustrial do

MONETARY STATISTICSGold and silver:

Gold:Monetary stock, U.S. (end of period).. .mil. I.-Net release from earmark § doExports thous. $._Imports doProduction, world total _ . . mil. $

South Africa do.Canada. doUnited States _ _ do

Silver:Exports. thous. $__Imports doPrice at New York dol. per fine oz._Production:

Canada thous. fine oz__Mexico doUnited States do

Currency in circulation (end of period) bll. $..

Money supply and related data (avg. of daily fig.) :©Unadjusted for seasonal variation:

Total money supply bll $Currency outside banks doDemand deposits _ do

Time deposits adjusted^ _ doU.S. Government demand deposits^ do

Adjusted for seasonal variation:Total money supply do

Currency outside banks doDemand deposits ___ do

Time deposits adjusted^ doTurnover of demand deposits except interbank and

U.S Govt., annual rates, seas, adjusted:Total (233 SM S A 's) O _ .ratio of debits to deposits. .

New York SMSA doTotal 232 SMSA's (except N.Y.) do .

6 other leading SMSA'sd" do226 other SMSA's do

PROFITS AND DIVIDENDS (QTRLY.)Manufacturing corps. (Fed. Trade and SEC):

Net profit after taxes, all industries mil. $..Food and kindred products doTextile mill products doLumber and wood products (except furniture)

mil. $..Paper and allied products doChemicals and allied products doPetroleum refining doStone, clay, and glass products doPrimary nonferrous metal doPrim ary iron an d steel . doFabricated metal products (except ordnance,

machinery, and transport, equip.) _ _ mil. $Machinery (except electrical) doElec. machinery , equip. , and supplies doTransportation equipment (except motor

vehicles, etc.) mil $Motor vehicles and equipment do...All other manufacturing industries do

Dividends paid (cash) , all industries doElectric utilities, profits after taxes (Federal Re-

serve) mil.$__

SECURITIES ISSUED

Securities and Exchange Commission:Estimated gross proceeds, total. __ mil. $

By type of security:Bonds and notes, total do

Corporate doCommon stock doPreferred stock do

14, 385. 06, 209. 3

967.2195.6

1, 401. 02, 456. 43, 155. 5

150,495103,94439,8776,674

18, 05213, 5103,2011,341

10, 367187

839, 160226, 262

^l ,420.01, 088. 0

94.153.9

2 252, 1472 145, 153

2.145

45, 3904 40, 03137, 168

51.0

188.642.0

146.6192.4

6.7

32, 0692,209

654

635889

3,5255,794

7691,1491,186

1,3202,9472,518

1,0253,2224,229

14, 189

3,002

65, 562

60,97917, 3833,946

637

15, 524. 56, 758. 1

952.6204.7

1, 558. 62, 721. 63,328.9

157,525111,86339,2376,425

18,93313, 1423,4921,299

10,367755

12, 287236, 905

1, 090. 785.2

3156, 720380,061

1.791

41, 92642, 90452,552

54.0

198.344.8

153.5198.4

5.6

33, 2482,382

621

640987

3,5915,884

8221,4141,221

1,3263,1382,594

9452,8454,835

15, 058

3,186

52, 546

44,15018, 3487,714

682

1,279.1560.476.818.7

131.2226.3265.7

12,4388,8073,094

537

1,5641,155

31198

10, 36729

36427, 052

95.17.0

12, 68410, 2891.785

3,5923,2992,912

51.3

197.645.2

152.4194.3

5.3

199.045.2

153.7194.1

72.3153.560.973.041.9

7,994660153

109243884

1,442273335244

324760663

228404

1,2723,452

827

3,958

3,2321,701

65274

1, 280. 5564.982.716.3

133.8230.2252.6

14,13610, 4623,108

566

1,6261,242

28698

10, 36725

15019,817

95.26.5

17, 8318,8341.872

3,7043,6313,993

51.7

199.345.6

153.7193.7

4.2

199.145.6

153.6193.5

70.8148.850.672.941.5

5,420

4,7701,282

63020

1, 117. 8483.871.714.2

129.8195.2223.1

12,9579,3313,097

529

1,4401,085

26491

10, 367-19244

22,600

93.66.8

4,4255,7981.923

2,8773,2603,495

53.0

201.046.4

154.7192.6

5.1

199.345.9

153.4193.4

70.5151.649.471.740.3

4,069

3,0851,390

90283

1, 686. 5629.477.916.6

112.2238.3612.1

18,48811,0256,980

483

2,0091,370

393246

10, 367687200

21, 863

89.57.1

4,2567,7441.807

3,5413,4523,936

54.0

206.046.9

159.1192.4

5.5

199.645.9

153.7194.1

69.4145.749.269.640.8

8,381636157

101254860

1 494179387336

323751653

171765

1 3144 203

779

4,440

3,7691,860

64032

1, 285. 2556.185.319.6

165.1225.7233.4

11,5258,3862,703

436

1,5241,182

238104

11,36720

15912, 487

102.57.5

8,5785,9361.876

3,797

4,516

51.9

207.146.1

161.1191.7

4.7

201.146.1

155.0192.1

69.4139.950.671.641.9

6,144

5,6282,120

45660

1, 307. 8588.982.217.1

140.0230.9248.7

12, 6219,0823,017

522

1,5781,191

29790

11,36723

2789,772

88.46.5

10, 3815,6291.896

3,507

4,097

62.0

197.845.9

151.9192.0

7.1

199.346.4

153.0192.0

72.4148.852.074.242.9

6,003

5,5351,334

41750

1,4480633 793.521 3

151.3260.9287.3

14,09910, 3103,198

591

1,6901,258

33697

11,367-2293

17, 659

94.37.1

5,7827,5871.888

3,616

4,221

52.7

199.746.3

153.4194.9

6.9

201.546.7

154.8194.3

70.7145.750.372.241.4

6,894573109

65212873

1,38834

381213

265648477

165526966

3,767

6,799

5,6452,3851,064

90

1, 387. 6608.685.719.9

153.1254.0266.3

15, 30910, 2924,462

555

1,6421,248

30193

11, 367-2272

13, 865

92.8

3,4148,0041.853

3,503

5,008

53.0

204.246.6

157.6198.3

5.3

203.347.0

156.2197.9

72.9149.752.375.842.7

5,891

5,1902,469

63467

1, 292. 4557.381.018.1

141.4245.2249.4

13,5429,8983,040

604

1,5811,214

27394

11,36733

24, 06812,398

4,4234,2981.670

3,497

4,435

53.7

199.947.3

152.6200.0

6.4

203.947.6

156.2199.6

73.5150.653.478.443.2

9,548

9,0803,441

39969

1, 405. 6613.484.321.1

141.2256.2289.4

15, 02010,5493,930

541

1,6591,237

33092

11,367-1159

11, 602

1,8154,5921.639

2,983

4,312

54.4

201.747.7

154.0201.2

6.5

203.647.8

155.9201.0

73.3149.352.977.542.9

7 96661196

91210913

1 435211402215

324763640

175739

1 1403,873

6,985

5,9642,368

799222

1, 301. 6575.375.419.1

149.0243.2239.6

14,2859,9203,814

551

1,7071,264

35094

11,36723

23929,516

1,2683,7411.687

3,513

4,465

54.5

202.748.2

154.5206.9

6.8

204.348.1

156.2206.9

73.3145.353.879.443.4

5,774

5,1942,068

49486

1, 301. 1549.572.418.2

149.4223.4288.2

«30, 8219,473

820, 826522

1,6071,202

30797

11,367-66449

11, 531

2,8706,6761.798

3,404

64.7

202.848.3

154.5212.8

7.1

206.048.2

157.8211.8

75.8162.852.677.9

'42.3

13, 7319,4723,714

545

1,4751,154

32191

11,117-328

33027, 115

1,8885,3011.802

3,679

54.8

r 204. 8'48.2

' 156. 5217.2

6.9

' 206. 2'48.2

' 158. 0' 217. 0

75.5161.053.177.943.0

11, 117

1.746

206.248.5157.8221.3

6.1

206.148.5

157.6221.0

' Revised, p Preliminary. 1 Estimated; excludes U.S.S.R., other Eastern Europeancountries, China Mainland, and North Korea. 2 includes silver coin data for Jan.-June1968 not included in figures shown in the 1969 BUSINESS STATISTICS. s Monthlydata beginning July and annual total figures exclude silver coin. < Includes revisions not^Sn11^^ *£ months- 6 Includes $17.2 bil. GLI. J Revisions for Jan. 1968-Feb.1969 will be shown later.

§ Or increase in earmarked gold (—). ©Series revised to reflect the change in accountingprocedures associated with Euro-dollar transactions and to reflect new benchmarks andchanges in seasonal factors. 1At all commercial banks. OTotal SMSA's include somecities and counties not designated as SMSA's. (^Includes Boston, Philadelphia, Chicago,Detroit, San Francisco-Oakland, and Los Angeles-Long Beach.



1968 1969

Annual

1969

Sept. Oct. Nov. Dec

1970


FINANCE—Continued

SECURITIES ISSUED— Continued

Securities and Exchange Commission— ContinuedEstimated gross proceeds— Continued

By type of issuer:Corporate, total 9. . mil. $

Manufacturing doExtractive (mining) doPublic utility . do...

Railroad - doCommunication doFinancial and real estate - - do

Noncorporate total 9 doTT 8. (T'QvernTiifln.t doState and municipal _ do .

State and municipal Issues (Bond Buyer):Long-term do.Short4erm do

SECURITY MARKETS

Brokers' Balances(N.Y.S.E. Members Carrying Margin Accounts)

Cash on hand and in banks mil. $Customers' debit balances (net) doCustomers' free credit balances (net) do__.

Bonds

Prices:Standard A Poor's Corporation:

High grade corporate:Composited" dol. per $100 bond-

Domestic municipal (15 bonds) do

U.S. Treasury bonds, taxable! do

Sales:Total, excl. U.S. Government bonds (SEC):

All registered exchanges:Market value mil. $Face value _ do.

New York Stock Exchange:Market value. doFace value do

New York Stock Exchange, exclusive of somestopped sales, face value, total mil. $

Yields:Domestic corporate (Moody's) percent

By rating:Aaa . _ _ do _.Aa doA.. doBaa _ _ . do _

By group:Industrials doPublic utilities doRailroads do

Domestic municipal:Bond Buyer (20 bonds). doStandard & Poor's Corp. (15 bonds) do

U.S. Treasury bonds, taxable© .-do

Stocks

Dividend rates, prices, yields, and earnings, com-mon stocks (Moody's):

Dividends per share, annual rate, compositedollars..

Industrials _. doPublic utilities doRailroads ._ doN.Y. banks _ doProperty and casualty insurance cos do

Price per share, end of mo., composite doIndustrials doPublic utilities doRailroads do

Yields, composite percent..Industrials doPublic utilities _... doRailroads doN.Y. banks ._ doProperty and casualty insurance cos . do

Earnings per share (indust., qtrly. at ann. rate;pub. util. and RR., for 12 mo. ending each qtr.):

Industrials dollarsPublic utilities doRailroads _ do

21, 9666,979

5945,281

2461,7662,820

43 59618, 02516, 374

16, 3748,659

i 1, 0021 9 790» 3, 717

76.493.4

72.33

5, 669. 525, 458. 55

4, 401. 944, 447. 68

3, 814. 24

6.51

6.186.386.546.94

6.416.496.77

4.474.51

5.25

8.539.244.504.555,828.62

264. 62315. 8698.37

101.00

3.222.934.574.503.403.10

17.626.677.25

26, 7446,3561,7216,736

2942,1884,409

25, 8024,765

11,460

11, 46011, 928

1923i 7, 44512,803

68.679.0

64.49

4, 501. 185, 123. 47

3, 550. 334, 123. 33

3, 646. 16

7.36

7.037.207.407.81

7.257.497.46

5.795.81

6.10

8.989.834.614.606.409.44

262. 77313. 1594.5593.90

3.423.144.884.903.723.37

17.696.927.28

2,427625106545

31272442

1,531353531

5311,168

9507,0392,579

67.273.6

62.64

271. 52338. 22

210. 08269. 61

239. 42

7.53

7.147.367.568.05

7.427.627.68

6.196.35

6.32

9.049.904.624.676.619.86

252. 76302. 9086.2987.15

3.583.275.355.364.033.61

16.186.897.84

1,93326049

745

31120444

3,487440

1,254

1,254795

9797,2432,753

66.574.9

63.05

397. 35466. 10

319. 84372. 88

341. 33

7.72

7.337.537.798.22

7.597.917.76

6.136.21

6.27

9.059.904.624.676.61

10.12

263.28314. 6992.2587.36

3.443.155.015.353.613.19

2,375453188622

23201533

1,695300853

8531,439

9217, 1112,613

65.673.4

61.08

318. 32376. 13

261. 94308. 69

263.80

7.76

7.357 587 848.25

7 617 947.83

6.586.37

6.51

9.069.924.634.676.61

10.20

252. 78301.6585.9880.73

3.583.295.385.783.953.28

2, 53260199

600

15277524

1,908380812

8121,230

9237,4452,803

62.968.7

58.71

382. 04526. 97

324. 20442. 89

432. 91

8.13

7.727 938 218.65

7 958.398. 15

6.796.91

6.81

8.999.924.634.106 70

10.20

248.68299. 5484.6276.96

3.623.315.475.333.923.65

18.546.927.28

2,63681194

639

44234275

3 508413

1,314

1,314878

9336 6832,626

62.269.7

58.33

363 31485. 34

314. 79411. 57

304 63

8 32

7.918 158 358.86

8 158.548.38

6.786.80

6.86

9.139.984.644.026.70

10.23

231. 68276. 6880.3173.87

3.943.615.785.444.203.84

1,80235785

540

50226323

4 201416

1 198

1,1981,444

8906 5622,463

62.471.7

61.63

283. 27365. 56

245. 86304. 65

281 84

8.29

7 938 138 318.78

8 118 478.39

6.166.57

6.44

9.139 974.644.026 70

10.23

244. 45290.0985.3578.55

3.733.445.445.123.613.58

3,5391,416

149906

77306339

3,260461

1,504

1,5041,211

8746,3532,441

62.875.6

62.04

313. 51405. 30

267. 94344. 36

297. 74

8.18

7.848.068.178.63

7.988.348.33

6.116. 14

6.39

9.139.984.704.026.70

10.45

243. 53287. 8587.4474.99

3.753.475.385.363.723.66

15.196.906.78

3,170689211

1,109

4162

597

2,721387

1,625

1,6251,046

8065,9852,248

62.871.9

60.89

310. 25384. 02

275. 85337. 06

329 77

8.20

7.838 038 228.70

8 008 378.34

6.796 55

6.53

9.109 934.704.026 70

10.45

222. 65263. 9680.0668 32

4.093 765.875.884.144.29

3,909817327600

91,747

231

5,6393,701

974

9741,387

7845,4332,222

61.267.8

57.78

300,39465.04

264.77374. 22

448. 20

8.46

8.118.248.498.98

8.198.728.59

7.127.02

6.94

8.969.714.704.026.70

10.48

209. 44248. 1274.9162.07

4.283.916.276.484.294.67

3,389939358

1,103

51354355

3,596819

1,058

1 0582,035

7485,2812,009

59.467.5

57.37

645. 56824. 44

608. 25743. 34

360 69

8.77

8.488 588 769.25

8 559 068.76

6.797.06

6.99

8.959 694.714.026 70

10.48

198. 30236. 8168.9652.39

4.514.096.837.674.304.61

17.196.905.21

2,648577146842

64144467

3,126405

1,310

1,3101,186

'22,180

59.070.6

60.59

370 56536 56

344 53489. 26

394 13

8 85

8 448 648 929 40

8 619 019.11

6.406.69

6.57

8.959 704.713.956.70

10.48

212. 90252. 7974.5556.18

4.203.846.327.034.014.19

1,3181,226

2,083

60.073.8

59.20

311.80442. 43

289. 98401. 69

349 78

8.73

8 138 498 859 44

8 448 839. 19

6.166 33

6.75

8.949 704 713.796 70

10.48

221. 25264 2577. 1757 02

4.043 676.106.653 834.15

r 1, 650«• 2, 049

2,236

60.872.7

60.10

400. 69516. 87

358. 08443. 37

396 30

8 68

8 098 478 789 39

8 408 809 10

6 396 45

6.63

8.939 704 713 796 82

10.48

226. 91272 90

75 6665 13

3.943 556 235 823 994 01

1,8691,181

61.371.9

60.44

370 23

8 63

8 038 448 719 33

8 358 749 06

6 406 55

6.59

8.909 674 713 796 82

10.48

224. 96272 6574 1561 70

3.963 556 356 144 274 05

r Revised. 1 End of year. 2 Because of changes in series, data beginning July 1970are not directly comparable with those for earlier periods.

9 Includes data not shown separately.d"Is"umber of bonds represented fluctuates; the change in the number does not affect the

continuity of the series.

1 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.

November 1970 SUKVEY OF CUKEENT BUSINESS S-21


1968 1969

Annual

1969


1970


FINANCE—Continued

SECURITY MARKETS— Continued

Stocks— Continued

Dividend yields, preferred stocks, 10 high-grade(Standard & Poor's Corp.) percent--

Prices:Dow- Jones averages (65 stocks) _ . _

Industrial (30 stocks)Public utility (15 stocks) . _Transportation (20 stocks)

Standard & Poor's Corporation: d*Industrial, public utility, and railroad:

Combined index (500 stocks) 1941-43=10..

Industrial, total (425 stocks) 9 ..doCapital goods (116 stocks) doConsumers' goods (184 stocks) do

Public utility (55 stocks) doRailroad (20 stocks) do

Banks:New York City (9 stocks) d o _ _ _Outside New York City (16 stocks). __do-._.

Property-liability Insurance (16 stocks)., do

New York Stock Exchange common stock indexes:Composite __ 12/31/65=50—

Industrial _ doTransportation doUtility _ _ doFinance . do

Sales:Total on all registered exchanges (SEC):

Market value _ mil. $Shares sold .. millions

On New York Stock Exchange:Market value _ mil. $Shares sold (cleared or settled) millions

New York Stock Exchange:Exclusive of odd-lot and stopped stock sales

(sales effected) _ _ millions

Shares listed, N.Y. Stock Exchange, end of period:Market value, all listed shares bil. $Number of shares listed millions..

5.78

322. 19906.00130. 02250. 09

98.69

107. 49105. 7786.3366.4248.84

44.6981.72

73.64

55.3758 0050.5844.1965.85

196, 3585 312

144, 9783 299

2,932

692. 3413, 196

6.41

301. 35876. 72123. 07221. 02

97.84

107. 13103. 7587.0662.6445.95

45.3987.73

85.43

54.6757.4446.9642.8070.49

175, 2984,963

129, 6033 174

2,851

629. 4515, 082

6.61

279. 05826. 71113. 35199. 06

94.51

103. 97102. 2785.2657.8442.03

44.4083.47

76.91

52.3755.2942.7240.2068.16

12, 429355

9,357233

219

627. 5014, 833

6.79

280.44832. 51115.12198. 39

95.52

105. 07103. 6787.2958.8041.75

44.4785.73

88.52

53.2756.2243.1240.5571.71

17, 152488

12, 831320

310

661. 4414, 918

6.84

281. 02841 09116. 04195. 47

96.21

105. 86104.6889.8459.4640.63

46.0088.09

94.19

53.8556 8442 5941.3671 62

13, 352376

10 000249

214

640. 1614,986

7.19

259. 88789 22108 36175. 32

91.11

100. 48100. 3185.6255.2836 69

43.5582.57

85.85

50.8653 9337.7738.6966 95

13, 951430

10, 609288

272

629. 4515, 082

7.02

258. 36782. 96109. 42173. 64

90.31

99.4099.7085.4255.7237.62

44.1179.34

83.88

50.6053 5837.5138.7666.19

12, 940396

9,412255

221

582. 6715, 136

7.04

251. 63756. 21108. 87169. 83

87.16

95.7396.5583.7455.2436.58

45.6477.11

81.25

48.7651.2936.0638.5565.01

11, 850346

9,104238

218

616. 3415, 227

6.97

260. 36777. 62116. 45174. 32

88.65

96.9595.9785.0959.0437.33

47.4981.37

84.94

49.4651 5336. 8540.7767.37

11, 146340

8,815243

213

615. 3715, 306

6.98

255. 71771. 65114. 44167. 46

85.95

94.0193.1882.2857.1936 05

45.2179.47

82.45

47.5149 4734 9939.4964 07

11, 130341

8,718240

223

553. 8015, 348

7.26

227. 99691. 96103. 19146. 29

76.06

83.1680.4771.6551.1531.10

39.6570.75

67.40

41.6543.3329.8535.4854.58

10,704387

8,566272

258

516. 3915, 552

7.57

224. 18699 3099.15

137. 53

75.59

82.9680.7773.1049.2228.94

41.0371.16

69.94

41.2843 4028.5133.7454.21

10, 024401

8,000282

226

491. 2115, 677

7.62

223.29712. 80102.83125.75

75.72

83.0077.9973.1050.9126.59

42.1272.07

71.10

41. 1543.0426.4634.9054.00

8,554378

6,985250

228

531. 0815,823

7.41

229.99731. 97105. 36130. 91

77.92

85. 4078.3874.7652.6226.74

44.2176.07

72.48

42.2844.2027.6635.7456.05

8,026299

6,443216

219

555. 4915, 869

7.31

240. 57759. 38108. 79141. 25

82.58

90.6684.9679.6554.4429.14

45.2279.49

77.07

45.1047.4330.4336.7460.13

11, 027427

8,721304

303

579. 7515, 930

7.33

245. 02763. 72106. 68152. 66

84.37

92.8587.9082.1253.3731.73

43.5179.39

81.56

46.0648.8732.3836.0159.04

262

570. 4115,981

FOREIGN TRADE OF THE UNITED STATES

FOREIGN TRADE

Value of Exports

Exports (mdse.), Incl. reexports, total mil. $._

Excl. Dept. of Defense shipments doSeasonally adjusted _ . do

By geographic regions:Africa . doAsia _ _ _ doAustralia and Oceania doEurope do

Northern North America doSouthern North America doSouth America do

By leading countries:Africa:

United Arab Republic (Egypt) doRepublic of South Africa do

Asia; Australia and Oceania:Australia, including New Guinea doIndia doPakistan doMalaysia ... do

Indonesia doPhilippines doJapan do

Europe:France.. _ doEast Germany doWest Germany do

Italy doUnion of Soviet Socialist Republics doUnited Kingdom do

North and South America:Canada do

•• Revised,cf Number of stocks represents number currently

34,635.9

34,062.8

1, 269. 47, 581. 91, 026. 011,347.3

8, 073. 82, 598. 82, 738. 6

48.4455.7

874.9717.6301.953.6

167. 1436.3

2, 954. 3

1, 095. 029.0

1, 708. 9

1, 120. 657.7

2, 288. 7

8, 072. 3

used; the

38,005.6

37, 331. 7

1,391.68, 265. 2

998.012, 619. 2

9, 138. 02, 761. 92,814.4

67.2505.5

860.0517.1195.251.9

201.1374.3

3, 489. 7

1, 195. 332.4

2,117.9

1,261.7105.5

2, 335. 3

9,138.0

change i

3, 183. 7

3, 110. 43, 323. 4

109.4717.377.1

1, 015. 3

801.6223.6241.8

4.238.2

64.731.616.55.8

15.123.7

304.4

88.01.8

224.3

106.29.0

184.1

801.5

Q numb

3, 618. 2

3, 562. 73, 362. 0

123.1769.5110.7

1,210.3

879.2273.9258.8

7.550.8

93.619.618.24.1

28.428.5

352.7

101.95.1

207.8

124.713.4

221.6

879.1

sr does n

3, 469. 2

3, 413. 23, 365. 1

122.9768.896.0

1, 184. 5

806.3244.1248.5

5.240.7

85.527.931.84.3

28.329.6

335.3

96.34.0

193.2

121.05.1

211.7

806.2

Ot

3, 421. 0

3, 362. 43, 238. 4

141.6776.777.2

1, 159. 3

756.6264.6245.2

4.650.2

65.847.424.97.0

20.629.0

346.5

118.57.5

191.3

108.511.5

197.2

756.6

affect9 In

3, 298. 4

3, 238. 03, 305. 2

130.3795.581.7

1, 167. 5

649.4243.8230.1

13.839.9

69.251.223.04.8

26.525.9

356.7

112.41.3

209.1

107.99.1

181.6

649.4

continuieludes da

3,432.1

3,388.23, 628. 4

103.4813.991.2

1, 196. 4

740.9247.1239.2

3.435.6

77.653.419.33.8

19.824.7

391.3

117.34.9

204.2

118.37.8

182.7

740.8

ty of theita not st

3, 623. 4

3, 581. 13, 379. 0

117.9808.690.9

1, 271. 9

783.5269.9280.8

5.440.5

77.558.627.47.8

15.932.5

356.7

108.24.1

241.9

106.511.7

230.7

783.5

series,own sep

3, 648. 5

3, 599. 13, 449. 7

139.1750.177.2

1, 272. 0

840.9292.3277.0

13.947.2

65.033.523.44.3

16.935.8

349.3

169.52.5

199.3

114.65.6

202.8

840.9

arately.

3, 942. 3

3, 908. 73, 695. 1

151.0821.493.0

1, 482. 2

866.1270.1258.6

7.048.7

80.061.128.25.2

20.637.4

361.6

143.13.2

330.2

150.913.3

272.6

866.0

3, 770. 7

3, 719. 03, 776. 0

148.9890.7103.8

1, 213. 7

861.7286.3265.6

6.054.0

91.740.137.97.0

21.340.6

415.4

117.61.5

227.7

110.78.9

212.8

861.5

3,591.9

3, 549. 33, 683. 0

132.1878.0121.1

1, 175. 8

729.2273.8281.9

4.053.8

101.754.323.76.5

29.729.3

415.3

129.62.1

217.6

134.36.1

210.1

728.8

3, 307. 0

3, 266. 13, 601. 8

126.1778.991.8

1, 083. 3

680.4266.6279.9

5.053.0

74.234.928.45.4

12.430.7

377.5

107.72.6

208.9

91.46.0

177.7

680.4

3, 374. 0

3, 335. 23, 534. 9

121.5786.594.2

1, 126. 7

741.7253.7249.8

5.048.1

78.437.018.35.3

17.527.0

385.2

110.23.1

211.3

88.112.2

200.9

741.7



1968 | 1969

Annual

1969

Sept. Oct. I Nov. Dec.

1970


FOREIGN TRADE OF THE UNITED STATES—ContinuedFOREIGN TRADE — Continued

Value of Exports — ContinuedExports (mdse.), incl. reexports — Continued

By leading: countries— ContinuedNorth and South America — Continued

Latin American Republics, total? mil. S.-Argentina _.- do _Brazil.. . do_ _Chile do—-Colombia.- _- _ _ d o _ -_Mexico _ doVenezuela .-. _do

Exports of U.S. merchandise, total doExcluding military grant-aid _ _ d o

Agricultural products, total. .. do-_.Nonagricultural products, total _ do

By commodity groups and principal commodi-ties:

Food and live animals 9 mil $Meats and preparations (incl. poultry) _ _ d oGrains and cereal preparations do

Beverages and tobacco do

Crude materials inedible exc fuels 9 do

Soybeans, exc. canned or prepared doMetal ores, concentrates, and scrap do

Mineral fuels lubricants etc 9 doCoal and related products doPetroleum and products do

Animal and vegetable oils, fats, waxes do

Chemicals do

Manufactured goods 9 doTextiles doIron and steel doNonferrous base metals do

Machinery and transport equipment, totalmil. $._

Machinery total 9 doAgricultural doMetalworking doConstruction, excav. and mining doElectrical do

Transport equipment, total doMotor vehicles and parts do

Miscellaneous manufactured articles doCommodities not classified do

Value of ImportsGeneral imports, total do

Seasonally adjusted doBy geographic regions:

Africa do..Asia. __ _ doAustralia and Oceania doEurope do

Northern North America doSouthern North America doSouth America do

By leading countries:Africa:

United Arab Republic (Egypt) doRepublic of South Africa do

Asia; Australia and Oceania:Australia, including New Guinea doIndia _ doPakistan doMalaysia doIndonesia doPhilippines doJapan do

Europe:France doEast Germany doWest Germany . doItaly doUnion of Soviet Socialist Republics doUnited Kingdom do

North and South America:Canada do

Latin American Republics, total 9 doArgentina doBrazil ... doChile doColombia doMexico.. _ _ doVenezuela _ do

4, 699. 1281.4704.6306.7319.2

1, 378. 0655.0

34, 199. 033, 626. 06, 227. 227,971.9

3, 889. 6161.6

2, 463. 1

702.5

3, 540. 7459.4810.3586.2

1 , 049. 9523.9454.4

274.4

3, 287. 0

3, 939. 4522.3610.5600.0

14, 447.4

8, 597. 2626.8333.6

1, 098. 52, 284. 05, 850. 13, 370. 22, 144. 2

924.0

33, 226.3

1,122.36, 911. 4

696.510, 337. 7

9,009.32, 259. 42, 879. 3

32.4255.9

495.0312.163.8

240.0174.3435.9

4, 054. 4

842.35.9

2, 721. 31, 101. 7

58.42, 058. 3

9, 005. 2

4, 288. 2190.2669.9205.9264.0909.8949.8

4, 869. 2378.3672.0314.6302.8

1, 449. 5708.2

37,461.636, 787. 75, 936. 3

31, 508. 0

3, 732. 7199.4

2, 127. 2

713.4

3, 569. 5280.2822.3711.5

1, 130. 7636.3433.9

307.6

3, 382. 5

4, 554. 7575.5972.5712.0

16, 380. 4

9, 865. 4644.4343.4

1, 247. 82, 677. 76, 515. 03, 788. 02, 445. 91, 226. 8

36, 042. 8

1, 045. 18, 275. 9

828.310, 335. 6

10, 393. 22, 518. 42, 643. 1

37.8243.0

595.1344.173.0

307.2193.6422.6

4, 888. 3

842.58.0

2, 603. 41, 203. 8

51.52, 120. 6

10, 389. 9

4, 213. 6155.6616.3151.4240.4

1, 029. 3940.1

409.136.255.630.825.6

114.657.7

3, 140. 53, 067. 2

471.52, 671. 3

318.016.4

182.8

73.6

274.416.235.375.3

98.454.039.7

24.6

282.6

395.947.184.568.6

1, 334. 1

808.847.328.5

102.4229.6525.3352.2

209.3131.7

3, 130. 43, 053. 8

82.0763.479.6

873.7

904.8183.6243.9

3.624.3

54.630.25.1

27.815.330.0

461.8

66.1.6

209.5103.3

4.1182.7

904.5

348.714.953.520.824.166.882.1

464.637.156.725.930.6

145.964.9

3, 574. 33, 518. 7

646.02,935.5

372.023.9

195.0

80.1

392.619.1

137.171.5

103.661.737.4

27.0

297.5

451.954.7

110.867.6

1, 505. 3

928.055.533.6

114.3257.5579.1373.6224.6119.7

3, 429. 13, 220. 7

93.9778.381.5

979.9

1, 025. 4217.3253.7

3.923.1

66.126.05.0

32.316.430.6

478.6

72.1.8

246.6105.0

6.7205.7

1, 024. 6

388.412.860.512.323.387.386.6

433.835.760.625.228.5

135.859.8

3, 417. 43, 361. 4

657.82, 761. 7

373.518.5

222.8

88.7

366.814.4

137.262.7

106.765.536.6

34.7

289.9

411.354.2

107.462.2

1,391.4

857.950.031.7

117.0227.9533.4342.7201.0155.4

2, 987. 03,211.5

96.9657.254.8

861.0

914.6198.4205.8

1.918.0

37.424.36.0

24.616.823.1

410.8

67.7.7

223.9100.4

5.0181.1

914.5

337.113.063.311.220.587.657.3

446.234.353.934.528.7

137.654.7

3, 370. 03, 311. 4

590.82, 779. 3

334.514.9

195.6

92.8

337.720.2

101.955.3

102.060.237.1

36.3

302.3

431.252.2

121.172.0

1, 424. 6

845.745.534.4

111.7213.0578.9318.5198.6110.2

3, 245. 63, 005. 5

114.9710.472.6

875.1

986.2232.5254.6

4.723.9

50.327.66.6

23.416.849.9

402.8

74.6.7

242.290.83.2

173.3

985.9

402.811.953.68.9

27.798.996.3

406.133.347.122.628.4

120.861.2

3, 255. 93, 195. 5

515. 32, 740. 6

324.111.5

191.3

31.9

346.446.073.968.0

88.350.332.9

31.0

318.5

425.649.1

106.881.3

1, 359. 7

821.545.923.4

111.3221.0538.1279.1206.6123.9

3, 125. 53, 249. 7

105.9735.166.0

888.7

845.3241.5242.5

2.624.0

57.634.58.4

30.716.837.3

431.7

69.8.8

230.891.815.2

186.8

845.2

393.014.748.214.825.0

104.0104.4

421.733.660.625.228.4

125.255.4

3, 379. 63, 335. 7

550.52, 829. 1

350.511.6

209.7

39.9

360.239.084.366.0

98.659.137.0

26.6

320.2

433.650.6

112.185.3

1, 430. 2

895.454.128.1

113.5240.1534.8280.2206.6113. 2

2, 944. 33, 255. 9

86.9605.662.3

845.4

845.3237.8260.1

3.819.8

47.825.96.9

18.817.312.9

364.2

69.4.8

225.397.98.1

149.1

845.2

416.112.262.012.625.6

102.8107.0

480.542.261.523.929.8

141.266.1

3, 584. 53, 542. 2

563. 13, 021. 3

314.112.4

183.5

56.7

367.829.3

103.864.6

120.571.443.2

50.4

342.3

447.855.2

115.7.81.8

1, 537. 9

969.663.331.4

121.8246.4568.3307.2229.9117.0

3, 385. 93, 213. 6

106.8765.678.5

952.9

960.3285.6234.4

2.728.0

48.430.56.5

25.018.827.0

464.8

73.6.7

248.7117.2

5.4194.3

960.1

429.612.443.47.7

27.9125.089.7

502.141.966.926.043.9

155.259.6

3, 593. 53, 544. 0

553.83, 039. 7

319.714.1

179.5

47.7

396.837.0

110.472.8

129.583.239.8

31.1

324.8

452.050.5

127.183.2

1, 564. 3

939.357.932.6

113.6247.0625.0352.0212.1115.4

3, 391. 43, 247. 5

104.5752.557.4

979.8

951.2274.7268.1

4.233.6

43.322.25.8

22.114.132.6

474.3

75.5.7

281.3121.8

3.5179.0

951.0

455.416.151.520.924.4

129.898.8

461.527.671.020.537.0

142.760.4

3, 881. 13, 847. 5

567.13, 314. 0

325.014.4

190.9

56.3

387.438.297.988.6

134.990.241.6

41.6

354.1

483.953.0

142.190.9

1, 765. 9

1, 001. 356.037.4

122.3264.0764.6350.8213.4118.6

3, 174. 93, 360. 7

90.6740.154.8

898.5

942.6243.0203.0

2.320.6

38.120.66.2

23.311.542.1

443.9

73.0.5

239.5104.9

5.3182.8

942.5

377.013.138.311.324.3

114.972.4

483.035.366.027.731.6

150.463.8

3, 723. 33, 671. 5

593.43, 129. 9

336.714.3

195.9

59.1

409.933.9

104.777.6

142.698.738.6

55.2

340.9

455.452.0

117.778.5

1, 545. 9

999.049.540.1

122.7271.6546. 9354.8221.6156.0

3, 504. 23, 309. 6

94.2820.173.9

978.3

1, 017. 1259.6259.1

2.420.0

60.224.57.5

25.915.140.0

486.1

79.9.9

269.7115.1

4.6189.0

1, 017. 0

425.913.064.98.5

25.6105.088.7

482.641.065.832.839.0

143.060.6

3,530.33, 487. 6

558.32, 972. 0

370.612.1

214.4

53.0

359.824.570.594.0

141.091.843.1

43.8

326.1

417.344.6

115.170.3

1, 468. 5

977.752.335.7

127.8245.2

490.8256.7213.7136.4

3, 312. 03, 241. 7

85.8834.287.0

990.0

851.9224.7235.7

1.522.1

57.421.17.1

17.19.9

45.7512.7

77.91.1

269.0114.7

6.5201.7

851.8

372.613.957.813.522.983.287.2

479.036.573.229.229.4

136.670.0

3, 258. 53, 217. 6

528.52, 729. 9

361.514.9

209.3

43.7

359.310.781.193.5

128.588.335.1

40.4

304.5

396.046.4

103.260.8

1, 299. 2

899.049.336.6

114.4236.5400.3247.8205.9119.3

3, 116. 53,364.5

76.8860.689.6

860.8

759.5207.3259.1

.420.2

60.517.95.6

12.712.753.9

541.9

85.2.6

236.0124.1

5.1136.5

759.0

385.715.668.310.920.482.086.2

445.039.464.221.424.2

134.563.2

3, 321. 43, 282. 6

561.12, 760. 4

363.918.1

216.1

64.7

344.211.183.786.1

147.3102.040.3

44.0

286.0

380.646.786.963.0

1, 363. 7

904.451.730.8

112.4236.7459.4320.3211.2115.8

3, 394. 33, 340. 8

91.8932.874.1

915.3

916.9204.8256.2

1.527.9

55.417.54.3

23.414.559.1

571.9

71.4.5

271.097.62.9

175.4

916.5

371.518.356.014.418.480.686.4

' Revised.9 Includes data not shown separately.



1968 1969

Annual

1969


1970


FOREIGN TRADE OF THE UNITED STATES—ContinuedFOREIGN TRADE— Continued

Value of Imports— ContinuedGeneral imports— Continued

By commodity groups and principal commodi-ties:

Agricultural products, total mil. $__Nonagricultural products, total do

Food and live animals 9 _ doCocoa or cacao beans doCoffee doMeats and preparations doSugar __ do

Beverages and tobacco doCrude materials, inedible, exc. fuels 9 do

Metal ores.. _ ._ _ do__Paper base stocks doTextile fibers _ _ _ do .Rubber do

Mineral fuels , lubricants ,etc doPetroleum and products _do

Animal and vegetable oils and fats doChemicals __ _ do

Manufactured goods 9 doIron and steel doNewsprint _ do_ _Nonferrous metals doTextiles . do

Machinery and transport equipment doMachinery, total 9 do

Metalworking doElectrical do

Transport equipment doAutomobiles and parts do

Miscellaneous manufactured articles doCommodities not classified do

Indexes £Exports (U.S. mdse., excl. military grant-aid):

Unit value 1957-59—100Quantity doValue _ _ do

General imports:Unit value _ _ doQuantity. doValue _ do

Shipping Weight and ValueWaterborne trade:

Exports (incl. reexports) :Shipping weight thous sh tonsValue mil. $

General imports:Shipping weight thous. sh tonsValue mil. $

5, 053. 628,172.7

4 577.3136.0

1 139 7746.5640.1

786.33, 345. 71, 007. 8

454.8335.1191.8

2, 526. 72, 343. 2

157.91 129. 1

8 162 42 046 5

862.92 022 5

962 4

7 986 93 688 4

203 91 492 1

4 298 53 711 6

3 346 11,207 8

112 8172.7194.8

103.9225.6234.4

194 48219 359

282 75121 139

4, 954. 431, 097. 5

4, 530. 8168.2893 9863.8638.2777.8

3, 460. 31, 012. 6

520.8260.1279 5

2, 794. 02, 559. 9

136.71, 232. 0

7 893 31, 809. 1

938.61 534 61, 019. 0

9 768 24, 489. 0

182 71 946 9

5 279 24 623.84, 127. 61, 331. 1

116 5182 9213.0

107.2236.9254.0

1 199 2861 19 9151 288 6201 21 570

394.52 737 2

368 65.5

75 391 044.7

67.1

288.892.242 716.825 2

229.2212.910.299.7

707.5176.682.6

134 087.2

845 6394.9

16 9179.3

450.7400.2393.4121.5

118.6180.0213.5

107.7248.2267.3

17, 3101,694

26, 0201,915

460.92, 969. 5

430 111.2

103 588 157.393.0

320.7112.852 016.730 4

247.4223.113.9

120 4

698 4169 784.6

129 684 5

964 8436 713 0

204 3

528 1473 2413 9127.8

119 6205 5245.8

109 1266 2290.4

19 5291 995

28 3952 052

404.02 585.1

369 416.599 954 534.172.7

275 290.547 418.426 2

201.4185.5

11.7101 8

620 2137.779.6

122 473 2

873 9383 4

13 2179 1

490 6440 9349 2113 6

119 6195 5233.9

113.1220.5249.3

20 1161 953

21 9431 727

488.72 758 7

454 727 284 268 478 167 2

313 8104 747 821 325 8

292 1261 9

16 299 7

636 5152 587 5

114 780 1

892 7389 0

15 8171 8

503 6456 8

346 7127 8

122 3188 3230 2

112 0245.5274.9

17 8451 871

28 6661 907

471.72 653 8

431 632 792 682 938 4

68 0271 475 241 820 527 4

274 7250.6

9 6112 2

656 2121 476 7

144 699 7

862 5387 4

12 9151 4

475 1420 5

350 389 2

122 1182 0222 2

112 0249.1279.0

16 4181 828

24 6821 926

455.52 488 9

411 519.8

103 083 636 1

63 7244 772.341 221.420 2

279 3252.4

8.6110 8

569 2109 471.0

124 381 7

839 9381 518 1

154 0

458 4398 0

326 889 9

122 9188 7231 9

113 6219.6249.3

17 1461 894

23 9021 767

512.62 873 3

473 018 796 193 856 0

64 8273 768 649 522 926 0

296 6270 9

10 2129 0

696 2137 281 2

146 099 9

957 1449 3

17 5191 8

507 8436 7

380 0105 4

120 9203 7246 3

113 2253 2286 7

17 6212 008

24 3012 029

517 72 873 7

488 817 496 480 684 2

71 5260 576.943 021 420 7

244.9223.810.1

133 2

691 4150 278.4

145 192 8

1 012 3453.514 6

189 0

558 8477 1

371.3107 5

123 2200 1246.4

114.0251.8287.1

19 3862*013

24 0612*043

440.02 734 9

409 215 696 364 949.1

64 9281.2103.241 218.719 2

224.2193.014.2

120.5

692 1164.376.5

134.393.1

909.5415.9

12 9168.6

493 6432.9363.595.6

122.7218.0267.5

114.2235.4268.8

19 3322,126

21 9281 919

491.43 012 7

475 58 7

114 184 373 070.9

298.7114.742 819.418 5

246.8221.521.1

121.1

730 3166.876.3

150.896.5

1 009.6459.714 1

198.7

549.9483.2

418.4111.7

123.3206.6255.3

114.4259.2296.7

22 3122 101

26 6922 151

450.62 861.3

436 314.994 497 362.668.2

280.5114.341.215.915 7

213.1188.913.1

114.1

726.2178.373.4

136.399.2

897.4466.016.4

189.1

431.4352.0449.2113.9

124.0195.5242.5

116.5240.6280.4

21, 7342,075

25, 4542,133

454.22, 662. 3

435.112.599 791.274.5

49. 8290.7117.939.714.915 2

255.5231.4

14.9124.9

654.5171.268.1

116.889.1

735.0427.4

10 9203.5

307 7239.7450.4105.7

122 8182 2223.7

117.8223.9263.9

454.72, 939. 5

447.815.483.891.380.963.5

301.5117.137.213.218.7

240.4216.0

9.2111.9

736.1189.776.5

150.984.5

912.0442.410.3

210.0

469.6402.8453.8118.1

p 120. 6p 189. 3p 228. 2

P 119. 1P 241. 2p 287. 3

TRANSPORTATION AND COMMUNICATIONTRANSPORTATION

Air Carriers (Scheduled Service)Certificated route carriers:*

Passenger-miles (revenue) bilPassenger-load factor § percent

Ton-miles (revenue), total ^ milOperating revenues 9 mil. $

Passenger revenues . doFreight and express revenues doMail revenues. _ do

Operating expenses doNet income after taxes do

Domestic operations:Passenger-miles (revenue) bilExpress and freight ton-miles milMail-ton miles _ do

Operating revenues mil. $Operating expenses doNet income after taxes do

International and territorial operations:Passenger-miles (revenue) bilExpress and freight ton-miles milMail-ton miles doOperating revenues mil $Operating expenses doNet income after taxes do

Local Transit LinesFares, average cash rate centsPassengers carried (re venue) """""' mil""

113. 9652 6

15 2497 7536 222

585276

7 248208

87 511 775

5675 6915,397

83

26 451 135

7002 0621 852

125

23 66,491

125 4150 0

16 8988 7927 120

686296

8 40055

95 951 971

6166 5176,237

11

29 471 384

7292 2752 164

44

24 36,310

10.2546 7

1 3842,4071 968

17569

2,18893

7 5917247

1,7221,600

34

2 6511154

68558860

24 3520

9 9044 4

1 388

7 6118553

2 2912957

24 4567

9.0643 1

1 295

7 1116755

1 9512073

24 7500

10 7847 9

1 4892 2191 784

18585

2 20448

8 5417171

1,6821,639-20

2 2411485

53756528

25 2528

10.4546 1

1 403

8 3715353

2 089459

25 4505

8 8145 3

1 243

7 0514750

1 7610064

25 4470

10 6149 9

1 466p 2 152p i ysi

*> 165

p 2 198p 73

8 4417153

p 1, 677p 1, 699

p -43

2 1711367

p 475M99

p 30

25 4522

9 9750 0

1 434

7 77206

54

2 2011265

25 4542

10 6948 4

1 520

8 1021853

2 6011268

25 5515

12 4053 2

1 680

9 4420650

2 9611468

25.6491

25.7449

25.7440

25.8482

' Revised. P Preliminary.» Annual total reflects revisions not distributed to monthly data.t Trade in silver is included in value and quantity indexes for 1968 and all indexes thereafter.9 Includes data not shown separately. § Passenger-miles as a percent of available

seat-miles in revenue service; reflects proportion of seating capacity actually sold and utilized.If Applies to passengers, baggage, freight, express, and~ma!l carried.* New series. Source: Civil Aeronautics Board. Ce " ' " "Certificated route industry covers passenger-

cargo (including local service, helicopter, and other carriers) and all-cargo carriers. BeginningJan. 1970, domestic series reflects operations between the 48 States and Alaska and Hawaii;prior to 1970 this traffic was included in the international and territorial series. Selectedrevenues by type (as shown for total industry) and all traffic statistics cover scheduled serviceonly; total revenues, expenses, and income for all groups of carriers also reflect nonscheduledservice.


Unless otherwise stated in footnotes below, datathrough 1968 and descriptive notes are as shownIn the 1969 edition of BUSINESS STATISTICS

1968 1969

Annual

1969

Sept. Oct. I Nov.i

Dec.

1970


TRANSPORTATION AND COMMUNICATION—Continued

TRANSPORTATION— ContinuedMotor Carriers (Intercity)

Carriers of property, class I (qtrly. total) :Number of reporting carriersOperating revenues, total mil. $__Expenses, total doFreight carried (revenue) mil. tons..

Freight carried, volume indexes, class I and II(ATA):

Common and contract carriers of property(qtrly ) average same period, 1957-59=100

Common carriers of general freight, seas, adj.f1957-59=100.-

Carriers of passengers, class I (qtrly.): §Number of reporting carriers.. _Operating revenues, total mil. $Expenses, total doPassengers carried (revenue)- mil

Class I RailroadsFinancial operations (qtrly.):

Operating revenues, total 9 . mil. $Freight doPassenger. . do

Operating expenses _do . -Tax accruals and rents __ doNet railway operating income do _ .Net income (after taxes) do

Traffic:Ton-miles of freight (net), revenue and nonrev-

enue (qtrly.) bilRevenue ton-miles do

Revenue per ton-mile (qtrly. avg.) cents _ .Passengers (revenue) carried 1 mile (qtrly.). .mil. .

TravelHotels:

Average sale per occupied room dollarsRooms occupied % of totalRestaurant sales index__.same mo. 1951 = 100-.

Foreign travel:U.S. citizens: Arrivals thous..

Departures doAliens: Arrivals.. do

Departures doPassports issued... . do

National parks, visits do

COMMUNICATION (QTRLY.)

Telephone carriers:Operating re venues 9 _ . _ mil. $

Station revenues _ doTolls, message do

Operating expenses (excluding taxes). doNet operating income (after taxes) do. .Phones in service, end of period mil..

Telegraph carriers:Domestic:

Operating revenues __ mil. $Operating expenses ... doNet operating revenues (before taxes)... do

International:Operating revenues _ doOperating expenses doNet operating revenues (before taxes) __ .do

i 1, 2899,5139,030

531

175

159.4

170641.1563.8184.3

10, 8609,755

4448,5821,595

683565

4 759. 14 744. 5

1.31013, 120

11.3561

117

5,0214,8203,0842,613

1,74842, 392

15,0687,5785,6939,0202,55395.1

358.2309.529.6

153.4116.130.6

i 1, 28910,48210,036

560

184

168.9

170676.4593.6175.0

11, 45110, 346

4399,0621,729

659461

4 781. 7767.91.347

12, 169

12.3759

119

5,911* 5, 767

3,6024 3, 039

1,82042, 403

16, 7818,2136,506

10, 2702,798100.3

391.3330.832.9

179.9132.639.1

1,3012 6982,562

144

183

173.6

70203.5162.148.5

2,8362,546

1182,274

42314098

192.0188.81.3493,390

13.0460

122

589450394314

1074,144

4,2312,0621,6452,632

69198.9

95.784.85.9

45.733.210.4

173.9

13.6668

120

44037130927494

2,826

166.1

12.7555

112

395355256222

771,602

1,2892 7752,683

144

173

167.6

70166 5151 842.4

2,9582,683

1062,363

42916692

201 7197 91 3562 838

11.6644

118

342429245272

931,040

4,3752,1201 7172 722

734100.3

104 385 17 7

48.336 59 3

172.3

13.2252

107

469402297214

125987

178.2

12.9855

114

414423237187

1531,133

1,3792,6402,567

136

180

173.0

70147 6145 139 2

2,8182,569

992,337

42260

«15

r 190 6' 184. 6

1.3782,571

12.2357

122

496499291244

2461,559

4,3542,1491 6602,741

732101.0

97 582 89 4

47 534 910 3

122.6

13.9561

127

480481295245

2771,878

151.0

12.8758

131

509545341289267

3,338

169

161.2

3,0822,811

106

2,45846615876

201.4r 198. 6

1.4162,754

13.8056

125

536731349313

3116,667

4,5432,2271 7532,898

764101.7

106.7f 85 8

11.3

48.535 910.2

172.8

12.1753

117

736903455395

2549,912

169.3

13.7455

106

1639,969

2 185. 1

13.9556

118

126

2 3 76.2

101

CHEMICALS AND ALLIED PRODUCTS

CHEMICALS

Inorganic chemicals, production:Acetylene mil. cu. ft_.Ammonia, synthetic anhydrous thous. sh. tonsCarbon dioxide, liquid, gas, and solid I doChlorine, gas (100% Clj) do

Hydrochloric acid (100% HC1) doNitric acid (100% HNOs) doOxygen (high purity).. \ mil. cu. ftPhosphoric acid (100% P205) . thous. sh tonsSodium carbonate (soda ash), synthetic (58%

Na2O) thous. sh. tonsSodium bichromate and chromate doSodium hydroxide (100% NaOH)_ _ doSodium silicate, anhydrous . thous. sh tonsSodium sulfate, anhydrous., thous. sh. tonsSulfuric acid (100% H3SO4) do

15, 38512 119 91, 014. 18, 444. 5

1 752.16, 362. 1247, 9954 958 3

4, 595. 7146 0

8 867.7633.5

1 482 728 556.4

14, 20412 713 51, 096. 39, 422. 0

1, 848. 66, 254. 3272, 8844 915 5

4, 502. 8149 4

9, 618. 7653.8

41 471 028 727 4

1, 2031 0373

99 4786.4

150 2519 3

22, 751410 7

368.812 2

793 849 4

119 722804

1,2421 097.2

93.5811.0

154 3540.8

24, 022438 8

410.413 5

840 160 9

130 82 515 2

1 1131 060 0

82 6788 2

145 7528 4

23 984408 6

349 611 3

821 263 4

119 92 424 7

1 2031 129 8

80 8845 8

160 8557 3

23 «85447 1

419 814 3

858 060 3

120 12 708 5

1 228948 0

73 7787 2

152 4517 4

22 535393 9

350 611 3

800 937 4

115 42 302 6

1 2541 032 5

80 1745 4

149 6506 0

21 807430 4

343 610 5

756 044 5

117 12 312 6

1 3061 165 5

96 5822 5

176 8551 4

23 713458 7

370 412 7

835 252 2

124 02 465 3

1 3191 139 4

102 3814 3

157 1582 0

23 325480 3

378 313 6

847 855 0

116 02 530 5

1 2751 128 9

109 5839.2

165 9571 7

24 040465 0

391.413 6

856 865 2

108 02 517 4

1 2201 136 5

100 3810 3

161 5548 7

23 401422 1

365 412 6

816 854 8

108 02 398 4

1,2141 065 5'l04.2844 4

166 8475 7

23 147388 1

379 412 7

889 339 1

103 42 310 7

1,125rl 082 2

106 3811.4

159 6r 502. 123 Oil»-456 9

332.710 7

872 548.6

107 0r2 303 9

1 100 6

527.4

474 1

2 404.9

r Revised. 1 Number of carriers filing complete reports for the year. 2 Preliminaryestimate by Association of American Railroads. 3 Data cover 5 weeks; other months, 4weeks. < Annual total reflects revisions not distributed to the monthly or quarterly data.

5 After extraordinary items. f Revised monthly data (1957-69) are available.

§ Beginning with 1st quarter 1969 reporting period, motor carriers are designated class 1if they have annual gross operating revenues of $1 million or over (1968 data have been restatedon the new basis).

9 Includes data not shown separately. t Revisions for 1967 available upon request.

November 1970 StJRVEY OF CURRENT BUSINESS S-25


1968 1 1969

Annual

1969


1970


CHEMICALS AND ALLIED PRODUCTS—Continued

CHEMICALS— Continued

Organic chemicals, production :d"Acetic anhydride mil IbAcetvlsalicylic acid (aspirin) doCreosote oil mil. gal

Ethyl acetate (85%) mil. IbFormaldehyde (37% HCHO) doGlycerin, refined, all grades:

Production doStocks end of period do

Methanol synthetic mil. galPiithalic anhydride mil Ib

ALCOHOL

Ethyl alcohol and spirits:Production _ mil. tax galStocks end of period doUsed for denaturation doTaxable withdrawals _ _ do

Denatured alcohol:Production _ mil. wine galConsumption (withdrawals) doStocks, end of period do

FERTILIZERS

Exports total 9 thous sh tonsNitrogenous materials doPhosphate materials _ _ do__Potash materials _ do

Imports:Ammonium nitrate _ _ ._ doAmmonium sulfate doPotassium chloride doSodium nitrate _ do

Potash deliveries (KjO) _ _ _ _ _ doSuperphosphate and other phosphatic fertilizers

(100%P3Os):Production. thous. sh. tonsStocks, end of period _ _ do

MISCELLANEOUS PRODUCTS

Explosives (industrial), shipments, quarterly!mil. Ib

Paints, varnish, and lacquer, factory shipments:Total shipments. _ mil. $

Trade products doIndustrial finishes do

Sulfur, native (Frasch) and recovered:Production thous. Ig. tons_Stocks (producers'), end of period _ _ _ do

PLASTICS AND RESIN MATERIALS

Production:

Thermosetting resins:Alkyd resins mil. IbPolyester resins doPhenolic and other tar acid resins _ _ do._.Urea and melamine resins do

Thermoplastic resins:Cellulose plastic materials . . doCoumarone-indene and petroleum polymer

resins ._ mil. IbStyrene-type materials (polystyrene) do.._Vinyl resins (resin content basis) __ __ doPolyethylene do

U,651.631.2

i 106. 0

i 162. 0i 4, 099. 6

347.029.5

580.21 748. 3

708 1189.2564.481.4

303.5305.6

2.7

18, 9562,607

13, 5841,303

227131

3,557205

4,170

4,149535

1,581 7

2,586.81, 427. 51,159.3

1 8, 8172,790

*691 6»615 4

U, 096. 8i 816. 1

* 187. 31 348. 8

»2, 895. 713, 215. 1*4, 567. 7

1 1,748. 037.5

i 119. 1

i 153. 21 4,192. 8

344.130.5

1624.8774.0

738.3179.7

»• 592. 685.6

318.5318.8

2.4

16, 5991,799

12, 2291,233

233138

3,829184

4,796

4,290448

1 924 8

2, 776. 71, 473. 51 303. 5

8,5683,461

^628 81 667. 41, 123. 8* 770. 5

i 192. 6

i 332. 63, 251. 613,638.85, 440. 7

129.51.79.3

7.1357.8

31.031.954.158.2

62.2181.442.97.4

23.223.32.6

1,30212595993

165

32814

325

354440

496 6

253 4133 7119 7

6943 294

51 854 797.464.0

15.6

26.6272.4285.4480.3

134.52.9

11.0

16.7381.7

30.330.556.661.1

76.3176.352.78.4

28.328.22.7

1 421108

1,110106

1314

49118

507

379427

234.4119.1115 3

7153 306

61 658 7

106.769.9

14.8

32.0279.0323.6492 3

129.52.7

10.0

10.4355.0

31.430.552.564.3

50.8177.233.76.6

18.018. 12.6

1 00410770493

1516

3646

453

347429

186 291 694 6

7553 401

43 154 491.065. 1

15.5

29.4276.9311.5486.6

152.13.5

13.1358.7

29.030.556.472.1

53.2179.743.85.9

23.723.72.4

1 31993

1,039122

199

39319

634

393448

512 4

179.985.095 0

7463 461

43 855 687.955.7

14.0

26.5280.2311.5497 7

143.03.46.5

12.7324.8

24.527.552.556.4

42.2164.440.26.2

21.621.42.6

1,27857

1,07978

2516

33616

331

336468

179.085.993 1

7303 530

44 349.485.254.8

11.0

22.9275.5284.9448.4

136.23.08.8

14.5321.1

26.526.553.561.8

48.5166.940.77.1

21.621.72.5

1,25361

97787

2217

3779

401

356422

197 6102 894 8

6603 604

45 549 790.552 8

12 0

27.7255.1283.2441 8

2.910.0

13.6382.6

27.923.854.363.2

59.8177.146.68.0

24.925 12.4

1,08810684051

4630

5141

631

393359

390.9

241.6130.4111.2

7213,657

47 758 293.053.8

13.3

25.1269.2316.7472.2

3.08.6

25.5373.7

29.124.959.758.8

57.7181.244.08.6

23.723.62.4

1,23049

951105

5937

5791

621

408276

236.3131.7104 6

6833,642

53 957.9

100.654.9

12.8

27.4276.2338.2484.6

131.53.0

10.2

22.9372.4

28.726,560.464.8

57.8* 177.3

46.36.2

24.824.33.0

57910232387

5716

3976

416

381264

251.2142.9108 3

7203,714

49 252.589.354.7

12.5

26.9288.2330.2501 1

133.22.89.3

13.2363.1

28.827.257.961.0

59.2184.048.46.7

26.026.12.9

2,07892

1,77348

1512

21821

206

364351

475.3

281.3162.1119.2

6713,738

58.054.585.754.6

11.0

25.6299.1325.3505.3

132.22.48.0

••8.3' 324. 2

25.325.343.4

'61.0

56.9184.845.06.0

24.324.42.8

1 550140

1,148103

106

16416

169

330455

r 256. 4T 153. 1

103 2

7173 689

55.349.174.144.7

10.4

25.3272.5298.4503.2

127.82.29.7

9.7353.2

27.9••24.6

53.258.8

46.9176.942.36.4

22.822.92.7

1 414130

1,08674

1015

30413

353

r 343r 432

259 4150. 1109 2

7003 800

26.124.4

1,34176

1,034115

1812

33113

380399

484 0

ELECTRIC POWER AND GAS

ELECTRIC POWER

Production (utility and industrial), total Jmil. kw.-hr__

Electric utilities, total _ doBy fuels doBy waterpower do

Privately and municipally owned util doOther producers (publicly owned) do

Industrial establishments, total doBy fuels doBy waterpower _ _ do

1,436,029

1,329,4431,106,952222, 491

1,083,117246, 326

106, 586103, 203

3,383

1,552,299

1,441,9391,191,861

250,078

1,171,693270,247

110,360107,076

3,283

128, 515

119,469101, 16418,304

97, 96821, 501

9,0468,813

233

129, 414

119, 980101, 04018, 940

98, 71121, 269

9,4349,184

250

125, 601

116, 46596, 94119, 524

94, 73621,729

9,1378,869

267

136, 786

127, 357106, 02721, 330

103, 58923, 768

9,4299,144

285

141, 110

131, 732109, 47422, 258

107, 21324, 519

9,3789,070

307

124, 678

116, 01095, 97320, 037

94, 33521, 675

8,6688,367

301

132, 333

123, 051100, 97822, 073

99, 87723, 174

9,2838,978

305

126,528

117, 44395, 72221, 721

96, 19221, 250

9,0858,765

320

130, 470

121, 19799, 39421, 803

98,72222, 475

9,2748,961

312

137, 155

128, 082106, 90621, 176

104, 60623, 477

9,0728,806

267

149, 700

140,633119, 72420, 909

115, 29125, 342

9,0678,825

242

151, 492

142, 694122, 76919, 924

117, 63025,064

8,7988,575

223

' Revised.1 Revised annual total; revisions are not distributed to the monthly data.cfData are reported on the basis of 100 percent content of the specified material unless

otherwise indicated. 9 Includes data not shown separately.§Data have been restated to exclude black blasting powder formerly included,f Revised data for the months of 1968 will be shown later.



1968 1969

Annual

1969


1970


ELECTRIC POWER AND GAS—Continued

ELECTRIC POWER— Continued

Sales to ultimate customers total (EEI) mil kw -hrCommercial and industrial:

Small light and power§ doLarge light and power § do

Railways and railroads doResidential or domestic doStreet and highway lighting doOther public authorities doInterdepartmental do

Revenue from sales to ultimate customers (EdisonElectric Institute) mil $

GAS

Manufactured and mixed gas:Customers end of period total 9 thous

Residential doIndustrial and commercial do

Sales to consumers total 9 mil thermsResidential doIndustrial and commercial do

Revenue from sales to consumers total 9 mil $Residential doIndustrial and commercial do

Natural gas:Customers end of period total 9 thous

Residential doIndustrial and commercial do

Sales to consumers total 9 mil thermsResidential doIndustrial and commercial do

Revenue from sales to consumers, total 9 mil. $Residential doIndustrial and commercial do

1,202,321

i 265 151i 518,834

1 4, 540i 367,692i 10, 302132,162

1 3, 640

18, 579. 9

57954336

1 466825617

129.081.445 9

39 95036 6723 231

143 52144, 70192 594

8,644. 94 476 83 946.4

1,307,178

286, 686557, 221

4,531407, 92210, 77235, 8614,186

20, 139. 3

57553836

1 519825667

130.680.348 1

40 76937 4133 307

154 43047, 12991 519

9, 408, 64 800 14 389. 6

117, 375

27, 28248, 257

34137, 149

8783,078

391

1, 825. 1

56753135

17964

114

16.17.98.0

39, 87636, 6813,148

29 4834,067

23, 948

1. 481. 4542. 0891.4

110, 128

24, 61948, 418

36532, 335

948' 3, 074

369

1, 705. 8

106, 862

23, 23247, 080

37931, 823

988r3,008

352

1, 653. 8

111, 506r 23, 65247, 190

44335, 759r 1, 043r 3, 062

357

1, 715. 1

57553836

408216184

34.620.913.1

40 76937, 4133,307

39 33911, 90525 936

2, 453. 21, 241. 51, 152. 9

116, 941

24,46446,096

45341,4041,0323,122

369

1, 798. 8

113, 452

23,98245,583

40339,068

9643,087

365

1, 757. 5

111,774

23,60947,041

41536,307

9383,079

386

1,721.0

57653441

644398233

54.336.017.4

41, 33837, 9383,355

54 23622,52830, 192

3, 732. 02, 175. 81, 486. 5

109, 247

23, 56447, 030

37634, 007

8913,005

374

1, 697. 8

108, 692

24,33947, 970

38431, 745

8393,032

383

1, 708. 8

113, 876

26,58849, 231

36333, 3C2

8173,182

393

1, 795. 7

121, 481

29, 11348, 012

35939, 530

8283,223

416

1, 935. 7

FOOD AND KINDRED PRODUCTS; TOBACCO

ALCOHOLIC BEVERAGESBeer:

Production mil bblTaxable withdrawals doStocks, end of period . _ do

Distilled spirits (total):Production mil. tax galConsumption, apparent, for beverage purposes

mil. wine gal..Taxable withdrawals.. mil. tax gaL.Stocks, end of period.. . _ ... doImports mil Droof gal

Whisky:Production _.. mil. tax gaL.Taxable withdrawals doStocks, end of period doImports mil. proof gal

Rectified spirits and wines, production, totalmil. proof gaL.

Whisky doWines and distilling materials:

Effervescent wines:Production mil wine galTaxable withdrawals doStocks, end of period doImports . . do

Still wines:Production .. doTaxable withdrawals doStocks, end of period doImports.. . . . . . . do

Distilling materials produced at wineries. ..do

DAIRY PRODUCTS

Butter, creamery:Production (factorv) mil. IbStocks, cold storage, end of period . doPrice, wholesale, 92-score (N.Y.) $ per Ib

Cheese:Production (factory), total.. mil. Ib

American, whole milk. do

Stocks, cold storage, end of period doAmerican, whole milk. . do

Imports _ _ doPrice, wholesale, American, single d'aisies (Chi-

cago) $ per lb_.

122. 41111.4211.56

238. 33

1344.07147. 63956. 44

75. 45

178. 0595.28

904. 3566.50

110. 5666.71

12.1710.295.262.23

222. 89181. 52268. 28

19.98

373. 08

1, 164. 8117.4.678

1, 938. 21, 273. 8

381.0318.7168.2

.548

127. 32116.2711.90

229. 34

i 361. 67164.55991. 4287.08

169. 87108. 01938. 46

74.29

' 116. 4668.02

15.8013.866.192.41

277. 81197. 23306. 3622.28

403. 32

1, 121. 188.6.685

1, 985. 91,266.4

317.5265.4130.0

.603

11.6110.8013.05

17.70

27.7915.19

979. 246.73

12.2210.14

930. 505.89

10.045.87

1.161.306.65.15

57.8116.46

193. 871.75

118. 03

67.7155.3.704

155.096.2

369.5309.0

12.5

.608

10.8110.1412.81

22.75

33.0317.82

981. 0211.47

16.0312.80

930. 9310.29

11.907.10

1.701.836.40.31

126. 4519.31

293. 132.33

161. 97

76.7125.2.693

153.491.9

350.9294.614.3

.621

8.548.28

12.38

19.84

33.6614.17

983. 869.03

14.009.80

'932.257.97

8.995.15

1.671.556.45.29

55.8516.01

326. 972.50

52.16

71.4104.3.687

146.185.4

328.7274.8

3.9

.630

9.629.24

11.90

20.87

42.6412.19

991. 4210.84

15.368.06

938. 467.30

8.174.27

1.972.046.19.27

9.4917.90

306. 362.65

25.52

90.388.6.696

168.1100.9

317.5265.420.8

.636

9.568.47

12.43

20.55

25.7112.40

998. 085.66

15.308.10

944. 664.67

8.114.22

1.811.816.48.11

4.0818.44

290. 911.76

7.62

99.977.4.686

168.5107.6

298.0249.610.9

.647

9.318.04

12.99

20.28

25.0711.32

1,002.985.46

14.968.27

949. 154.83

8.444.86

1.711.276.82.10

3.8716.36

274. 561.65

6.55

93.081.3.687

160.2103.0

285.7238.010.8

.659

11.8410.3513.46

21.26

30.9816.10

1,005.667.55

15.6910.64

951.646.66

11.076.58

2.061.647.15.12

4.6020.64

256. 072.23

6.34

105.691.6.688

187.4120.4

286.2238.916.0

.663

12.4410.6614.12

20.11

29.9214.83

1,008.957.03

15. 219.88

955. 476.22

10.856.57

2.021.277.80.15

2.9816.76

240. 992.24

2.85

109.1114.3.707

194.4130.9

308.9257.711.5

.646

12.4511.4514.20

18.16

28.3013.23

1,010.846.28

12.857.79

959. 535.49

8.154.36

1.801.378.10.14

3.4715.10

226. 632.42

2.15

116.7147.0.708

215.6149.3

335.8281.0

9.4

.632

13.4011.9014.69

16.29

29.3014.72

1,012.997.29

10. 158.76

959. 736.34

9.164.71

1.751.568.15.13

2.5017.44

207. 102.37

1.29

112.4186.0.707

215.4150.0

370.3315.2

10.9

.634

12.3811.8714.18

12.89

28.0011.05

1, 013. 736.89

9.126.72

961. 125.96

7.654.27

1.411.248.27.09

3.1514.44

196. 382.20

4.45

92.5203.5.708

199.3136.6

384.3325.910.8

.636

11.3310.7913. 76

11.22

27.1414.38

1,007.865.97

7.169.04

957. 735.15

8.784.86

1.961.398.72.10

11. 0*16. 32

187. 142.13

28.76

81.1199.2.708

181.5120.6

366.8308.911.8

.636

7.63

6.76

.17

2.20

72.8173.5.713

167.6104.5

' 351. 9290.011.1

.640

.713

.661' Revised. » Annual total reflects revisions not distributed to the monthly data. § Data are not wholly comparable on a year to year basis because of changes from one classi-

fication to another. 9 Includes data not shown separately.



1968 1969

Annual

1969


1970


FOOD AND KINDRED PRODUCTS; TOBACCO—Continued

DAIRY PRODUCTS— Continued

Condensed and evaporated milk:Production, case goods:

Condensed (sweetened) . mil. IbEvaporated (unsweetened) do.

Stocks, manufacturers', case goods, end of period:Condensed (sweetened) _ mil. IbEvaporated (unsweetened) do. _

Exports:Condensed (sweetened) . _ _ _ _ do. .Evaporated (unsweetened) do

Price, manufacturers' average selling:Evaporated (unsweetened). _ ._ $ per case

Fluid milk:Production on farms mil. IbUtilization in mfd. dairy products. _ do_ .Price, wholesale, U.S average $ per 100 Ib

Dry milk:Production:

Dry whole milk mil. IbNonfat dry milk (human food) . do.

Stocks, manufacturers', end of period:Dry whole milk doNonfat dry milk (human food) do. .

Exports:Dry whole milk __. _ _ _ do.Nonfat dry milk (human food) do

Price, manufacturers' average selling, nonfat drymilk (human food)__ $ per lb_.

GRAIN AND GRAIN PRODUCTS

Exports (barley, corn, oats rye, wheat), ..mil. bu._

Barley:

Shocks (domestic) end of period do

Off farms doExports including malt§ doPrices, wholesale (Minneapolis):

No. 2, malting $ per bu__No. 3, straight . . . do

Corn:Production (crop estimate grain only) mil bu

Stocks (domestic) end of period total mil buOn farms doOff farms do

Exports, including meal and flour doPrices, wholesale:

No. 3, yellow (Chicago) $ per bu_.Weighted avg., 5 markets, all grades do.

Oats:Production (crop estimate) mil buStocks (domestic), end of period total do

On farms doOff farms do

Exports Including oatmeal doPrice, wholesale, No. 2, whito (Chicago)

$ per bu

Rice:Production (crop estimate) mil bags QCalifornia mills:

Receipts domestic rough mil IbShipments from mills milled rice doStocks, rough and cleaned (cleaned basis), end

of period _ . mil. Ib

Southern States mills (Ark., La., Term., Tex.):Receipts rough from producers mil IbShipments from mills, milled rice doStocks, domestic, rough and cleaned (cleaned

basis), end of period mil IbExports doPrice, wholesale, Nato No 2 (N O ) $ per Ib

Rye:Production (crop estimate) mil buStocks (domestic), end of period doPrice, wholesale, No. 2 ( Minneapolis).. $ per bu__

Wheat:Production (crop estimate), total mil. bu

Spring wheat doWinter wheat _ do

Distribution . do

Stocks (domestic), end of period, total doOn farms . doOff farms do

87.41,360.0

2.199.1

42.433.7

7.26

117, 23457, 997

5.24

79.81, 594. 4

7.679.0

18.6151.0

.224

1,267.4

2 423 o371 6247 7123 9

17 8

1.181.18

2 4 393

4 2333 276

957594 0

1.111.11

2 939784661123

11 6

*.72

2 104 1

2 0201 376

312

7 0864 774

2 0134 163

087

2 23 424 31.14

2 1 5762 341

2 1 2351 444

1 346581764

84,91, 4ia 8

1.9105.0

52.137.1

7.50

116, 20057, 167

5.49

66.11, 431. 7

6.683.9

15.6111.6

.235

1,059. 0

2 4^7 2420 1258 0162 1

8 3

1.121.12

2 4 578

4 3133 320

9Q3553 5

1.211.19

2 950884723161

7 6

« . 6 7

2 91 3

2 0121 515

270

6 6054 818

1 6954 183

085

2 31 429 91.17

2 1 4592 311

2 1 1481 275

1 531608923

8.5101. 3

3.0194.6

8.22.8

7.51

9,1654, 138

5 68

4.583.1

7.1130.5

1.36 4

.236

102.2

497 4orvp c

190 84

1.061.06

3 i 1133 7283 38564 5

1.191.15

1 023' 830

194

7

.62

20987

127

1 636438

r 1 310

254085

38 31.07

407

1 870752

1.119

8 993.5

3.0147.7

6 94 2

7 53

9 1384 0685 85

4 679*0

6 7107 9

1 28 8

.236

103 6

.7

1.081.08

55 3

1.161.17

7

33659

284

1,687538

1,894375

.086

1.12

5 983 6

2 2113 6

4 43 4

7 59

8 6913 670

5 92

5 272 o

5 790 2

510 4

.237

123 6

.3

1.081.07

79 6

1.151.12

4

3644

266

602450

1,862349

.086

1.13

3 9108 5

1 9105 0

Q

2 4

7 62

9 1704* 3065 on

5 9

101 5

fi fi83 9

237

inn 8

420 1258 0162 1

.2

1.081.07

4 3133 320

99348 6

1.151.12

884793161

4

7947

270

424461

1,695362

.086

29.91.14

340

1,531608923

m6 102 1

5 790 9

m2 3

7 75

9 4124 6495 81

5 -1-ino K

c o

81 1

1 C

oc >j

238

07 fl

.1

1.061.06

40.2

1.221.19

3

.71

6360

250

326406

1, 508235

.085

1.15

(6)6 96 2

m8 85 1

/i\3 2

7 76

Q QA(\

4 543C CQ

4 7I f)(\ Q

K f>

81 8

3 0

9Q 9

236

107 1

.2

1.061.06

50 3

1.231.22

1 0

8767

241

280374

1,322337

.085

1.16

C)0 107 2

/6\6 88 4

12 3

7 77

10 0535' 2875 K K

fi 1

100 0

4 7

80 6

1 4.14. 9

237

93 9

326.4192 8133 6

.1

1.071.07

2 9892 222

76844.3

1.221.21

673529

r 145

5

7863

228

330373

1,176306

.085

24.61.18

338

1,195454741

(t\6 114 o

(V\8 79 6

m4.4

7 85

10 3305*5245 51

6 1148 4

5 i101 4

1 010 7

.262

100 7

.1

1.101.09

40.0

1.261.25

.9

.67

12739

280

269423

931188

.085

1.18

(6)9 133 4

(6)e 130 2

(i\3 6

7 96

11 0196 0675 39

7 218s' 7

6 6138 7

1 09 o

.269

104 6

6.5

1.151.15

50.6

1.301.29

.4

.68

244171

136

110335

717366

.085

1.20

(«)8 136 5

(«)8 173 2

(i)18

8 04

10 7506 1405 33

7 3179 9

8 0159 0

714 2

.276

102 5

r3 232. 43 132. 1

'3 100. 37.8

1.161.16

1,9231,403

52040.0

1.341.32

349033453146

.5

.66

281258

249

44220

504499

.085

r 3 21. 21.18

315r3883

3305-•3578

(6)6 117 5

(6)

6 192 7

o2 5

8 11

10 1625* 5835 45

6 5152 3

9 3154 0

g19 9

.273

117 4

8.3

1.111.12

58.7

1.381.32

.5

.67

303302

188

95291

318371

1.05

(6)8 103 1

(8)8 195 9

(i)3 1

8 06

9 7325 0135 57

5 8124 5

9 4165 5

734 1

.271

111.5

8.1

1.141.14

43.9

1.471.40

.5

.72

161130

184

1,049267

745231

1.08

(6)6 88. 9

(6)8 187 4

61 2

8 12

9 2504*425r 5 81

4 796 0

8 6144 8

519 9

.274

114.5

488.0302.8185.2

6.4

1.191.18

39993570343053.8

1.501.46

1,076830246

1.9

.76

67110

42

1,672401

1,502189

47.71.10

1,782653

1,129

9 248

5 95

M10.3

1.191.17

7 4, 104

1.401.42

7 891

7 84. 4

7 36. 2

1.16

7 1, 3607 251

7 1, 109

r Revised. i Less than 50 thousand pounds. 2 Crop estimate for the year.3 Old crop only; new crop not reported until beginning of new crop year (July for barley,

oats, rye, and wheat; Oct. for corn). * Average for 11 months; no price for Nov.

* Average for Jan.-Sept. 6 Condensed milk reported with evaporated to avoid disclosingoperations of individual firms. 7 November 1 estimate of 1970 crop.

§ Excludes pearl barley. 9 Bags of 100 Ibs.



1968 1969

Annual

1969


1970



GRAIN AND GRAIN PRODUCTS— Con.

Wheat— ContinuedExports, total, including flour . mil. bu

Wheat only. _ do

Prices, wholesale:No. 1, dark northern spring (Minneapolis)

$ per bu__No. 2, hd. and dk. hd. winter (Kans. City) .doWeighted avg., 6 markets, all grades. _ _ do

Wheat flour:Production:

Flour__ thous. sacks (100 Ib.)Offal thous sh. tons

Grindings of wheat. _ thous. buStocks held by mills, end of period

thous. sacks (100 lb.).Exports. _ _ _do __Prices, wholesale:

Spring, standard patent (Minneapolis)$ per 100 lb_.

Winter, hard, 95% patent (Kans. City).. do

LIVESTOCK

Cattle and calves:Slaughter (federally inspected):

Calves thous animalsCattle do

Receipts at 38 public markets. .do. _ _Prices, wholesale:

Beef steers (Chicago) $ per 100 IbSteers, stocker and feeder (Kansas City)._doCalves, vealers (Natl. Stockyards, Ill .)__do

Hogs:Slaughter (federally inspected). __thous. animals..Receipts at 38 public markets doPrices:

Wholesale, average, all grades (Sioux City)*$ per 100 l b _ _

Hog- corn price ratio (bu. of corn equal in valueto 100 Ib. live hog) _

Sheep and lambs:Slaughter (federally inspected) _ _ -thous. animals..Receipts at 38 public markets doPrice, wholesale, lambs, average (Omaha)*

$perl001b_.

MEATS AND LARD

Total meats:Production (carcass weight, leaf lard in) , inspected

slaughter mil. lb._Stocks (excluding lard), cold storage, end of

period mil. lb._Exports (meat and meat preparations) doImports (meat and meat preparations) _ _ do.

Beefand veal:Production, inspected slaughter doStocks, cold storage, end of period.. do.Exports__ _ _ doImports doPrice, wholesale, beef, fresh, steer carcasses, choice

(600-700 Ibs.) (New York) $perlb..Lamb and mutton:

Production, inspected slaughter mil. lb_Stocks, cold storage, end of period _ _ _ do

Pork (including lard), production, inspectedslaughter mil Ib

Pork (excluding lard) :Production, inspected slaughter. ... doStocks, cold storage, end of period doExports doImports . doPrices, wholesale:

Hams, smoked composite. ._ $perlbFresh loins, 8-14 Ib. average (New York) ..do

Lard:Production, inspected slaughter mil. lb._Stocks, dry and cold storage, end of period.. doExports doPrice, wholesale, refined (Chicago) $ per lb_-

POULTRY AND EGGSPoultry:

Slaughter (commercial production) mil. IbStocks, cold storage (frozen), end of period, total

mil. lb._Turkeys do

Price, in Georgia producing area, live broilers$perlb._

r Revised,i Annual total reflects revisions not distributed to th

receipts at 28 public markets. 2 Beginning Jan. 19

642.1587.8

1.791.521.77

254, 1854,510

569, 649

4,63823,264

5.9275.449

3,87629, 592

i 11, 699

27.6525.8933.83

74, 789i 15, 932

19.08

18.0

10, 888» 2, 934

26.58

32, 714

625508

1,594

18, 270304

291,129

.473

54514

13, 899

11, 33025692

324

.537

.509

1,86294

175.112

8,915

417317

.131

e months;69, quotal

489.2439.9

1.801.481.75

254, 0944,558

567, 956

4,59521, 130

5.9235.438

3,63730, 536

i 12, 715

30.4829.3037.29

75, 682i 15, 415

23.65

20.4

10,070i 2, 704

28.53

33, 370

637571

1,685

18, 87436328

1,1942.492

51016

13, 989

11,563211152316

.580

.575

1,75570

262.145

9,492

307192

.140

receipts dJons are c

36.532.9

1.791.481.72

22, 201387

49, 519

4,3911,534

5.9135.413

3082,7241,203

29.8528.3734.00

6,6111,266

25 98

21.7

915291

27.75

2,917

55047

174

1,678311

2131

.478

4516

1,195

9821741124

.592

.616

1545622

.148

949

423329

.1451

atafor!9m carlot

46.940.5

1.821.531.75

23, 357407

51, 894

2,751

5. 9505.488

3292,8871,380

29.1028.8134.00

7,1001,374

25.49

22.1

931303

28.38

3,170

61262

165

1,805342

2120

.460

4717

1,318

1,0892022027

.625

.608

1675830

.165

1,048

539436

.135

58 represerather th

43.238.4

1.831.521.76

22, 170385

49, 344

2,052

5.9885.475

2812,3681,130

28.7129. 3035.00

5,8251,146

25.79

23.4

730218

27.50

2,617

63551

100

1,478343

262

.457

3717

1,102

9062211323

.628.622

1424842

.170

812

390284

.130

ntan

51.648.1

1.881.521.78

23, 068402

51, 348

4,5951,499

6.0005.488

3022,5681,052

28.8629.5537.50

6,3441,276

26.86

23.6

798213

27.50

2,872

63743

122

1,632363

281

.468

4216

1,199

998211

527

.674

.614

1457013

.169

840

307192

.120

l.c.l. b£*Ne\

56.951.7

1.861.531.75

21,960383

48,905

2,232

6.0005.513

2902, 653

965

29.2529.4438.00

6,1701,166

27.52

23.5

855193

28.88

2,892

65931

173

1,696378

3135

.488

4517

1,151

951210

419

.679

.657

1446525

.159

761

272162

.140

isis as prv series.

55.651.4

1.931.531.72

21,015357

47, 424

1,726

6.0635.538

2392,318

850

30.2531.3138.00

5,5701,003

28.23

24.0

742139

28.75

2,537

72132

155

1,460401

2108

.487

4018

1,011

844237

33

.681

.626

1216238

.159

653

250133

.135

eviouslyMonthly

49.044.6

1.881.491.73

21, 347372

47, 089

4, 2371,860

6.0885.525

2902,477

983

31.9233.3643.50

6,4151,182

25.89

22.7

859169

28.75

2,821

74333

175

1,594390

3123

.512

4722

1,180

985269

33

.677

.578

1396737

.185

742

223101

.140

data for

59.754.4

1.911.541.75

20, 756352

45, 834

2,238

6.1005.513

2632,545

927

31.5332.4042.50

6,6781,253

24.05

20.7

903161

26.00

2,920

81137

143

1,616380

394

.506

4821

1,255

1,045329

32

.566

.562

1537513

.165

786

20882

.125

earlier y

47.643.4

1.891.531.75

19,826347

44,500

1,837

6.0755.513

2202,493

990

30.3631.3642. 00

5,8771,156

23.28

19.4

795185

29.00

2,737

81542

112

1,580363

370

.488

4119

1,116

936351

29

.566

.581

1306530

.160

780

21474

.130

ears will

54.248.3

1.931.451.76

' 19,982353

44,126

' 4, 2272,523

6.1135.513

2102,615

997

30.6130.8440.00

5,6851,153

23.87

19.2

841242

29.50

2,770

72841

148

1,643327

399

.499

4220

1,085

897304

32

.572

.623

1366519

.153

921

25095

.120

be show

49.947.9

1.921.421.71

19, 991350

44,700

863

2312,642

927

31.3529.52

5,7741,106

23.57

19.3

829230

28.38

2,771

67131

171

1,644317

3122

.517

4123

1,086

905255

532

.647

1326638

999

322157

.125

n later.

59.056.3

1.861.541.80

••21,233'373

'47,740

1,164

2322,538

971

30.7428.76

6,0451,088

21.12

17.1

789225

27.12

2,731

60743

167

1,582300

2129

.505

3923

1,111

924217

524

.572

1355437

984

411240

.120

52.449.9

1.931.621.87

22,282395

49, 461

4,4381,074

2642,7231,010

30.7628.99

7,0341,303

20.43

14.3

898244

26.75

3,031

••58853

167

1,701'296

2130

.488

4421

1,286

1,066r210

1125

.560

1586028

1, 020

'516'343

.120

1.951.601.88

1,233

30.2329.68

1,451

17.37

13.4

262

26.75

651

311

.473

21

249

.510

620443

.115



1968 | 1969

Annual

1969


1970



POULTRY AND EGGS— Continued

Eggs:Production on farms mil. cases O~-Stocks ,cold storage, end of period:

Shell thous. casesO..Frozen. mil. Ib

Price, wholesale, large (delivered; Chicago)$ per doz_.

MISCELLANEOUS FOOD PRODUCTS

Cocoa (cacao) beans:Imports (incl. shells) thous Ig tonsPrice, wholesale, Accra (New York) $ per lb._

Coffee (green) :Inventories (roasters', Importers', dealers'), end

of period thous bagscfBoastings (green weight) do

Imports, total doFrom Brazil . do

Price, wholesale, Santos, No. 4 (N.Y.) $ per IbConfectionery, manufacturers' sales mil $

Fish:Stocks, cold storage, end of period mil. lb_.

Sugar (United States):Deliveries and supply (raw basis) :§

Production and receipts:Production thous. sh. tonsEntries from off-shore, total? do

Hawaii and Puerto Rico .. do

Deliveries, total 9 doFor domestic consumption do

Stocks, raw and ref., end of period.. do

Exports, raw and refined _ .. sh. tons -

Imports:Raw sugar, total 9 thous sh tons

From the Philippines doRefined sugar, total do

Prices (New York):Raw, wholesale $per lb_.Reflned'.

Retail (incl. N.E. New Jersey)-- $ per 5 IbWholesale (excl. excise tax) _ _ $ per Ib

Tea Imports thous Ib

FATS, OILS, AND RELATED PRODUCTS

Baking or frying fats (incl. shortening) :Product ion __ _ mil IbStocks, end of period 0 do

Salad or cooking oils:Production _ doStocks, end of period© do

Marsrarine:Production .__ __ __ doStocks, end of period© ___ __ do _Price, wholesale (colored; mfr. to wholesaler or

large retailer; delivered) $ per IbAnimal and fish fats: A

Tallow, edible:Production (quantities rendered) mil IbConsumption in end products _ do _.Stocks, end of period^ do

Tallow and grease (except wool), inedible:Production (quantities rendered) doConsumption in end products doStocks end of period ^ do

Fish and marine mammal oils:Production doConsumption in end products doStocks, end of period ̂ do

Vegetable oils and related products:Coconut oil:

Production* Crude mil IbRefined do

Consumption in end products doStocks, crude and ref., end of pefiod'f "doImports do

Corn oil:Production: Crude do

Refined _. doConsumption in end products doStocks, crude and ref.. end of D~e"fiod¥"IIdo~"~"

192.5

5972

.372

228.2.344

5,07621, 165

25, 3778,318.376

1 756

285

4,3956,6801,707

11,08910, 9272,961

1,320

4 8791,075

117

.075

.624

.101

155, 335

3,311.9142 7

2, 995. 979 4

2, 140. 949.1

256

539 1517.349.6

4 745 22*478 0

358 5

170.869.9

155.8

392 1548.7730 7197 1442 8

452.8429.6439 640.5

191.5

5143

.460

218.4.458

3,81120, 851

20 2325,780.408

1 848

275

4,2986 3501,501

10 80410, 6552,796

968

4 7761 024

124

.078

.638

.107

139 962

3 480 5138 7

3 143 770 5

2 181 952.1

260

534 6510.945 9

4 655 02 595 3

348 0

171 675 684 0

386 3547 5732 6205 9424 6

465.5438.1442 254.1

15.3

8556

.488

6.3.444

3.3614,780

1,778459410204

268

153576235

1 0771,0621,396

57

328716

.078

.647

.108

13, 760

294.5116 3

254.360 2

187.250.1

257

44 443.025 6

383 2220 5303 6

28 27.2

131 4

35 847 865 1

131 418 4

39.237.137 770.7

15.9

4555

.471

12.5.461

2 327539478197

263

653538144

928914

1,625

120

42342

(i)

.079

.643

.109

11 141

341 9113 1

268 453 0

209 854.4

265

49 548.026 0

432 9238 1330 8

14 06.6

148 2

38 246 267 7

152 228 7

41.236.242 064.9

15.6

6450

.595

18.8.500

2 167706

.490183

269

1,036404141

806798

2,307

50

38523

2

.078

.645

.109

13, 593

321.6116 0

274.963 3

179.253.8

272

48 741.334 5

393 8211 0353 7

8 26.8

104 6

35 342 758 3

172 721 2

37.944.241 159.7

16.3

5143

.627

30 7.458

3 8115 621

1 675400485156

275

79543643

929919

2 796

68

50613067

.076

646109

11 773

309.0138 7

279.470 5

207.052.1

272

49 335.245.9

398 3208 2348 0

4.76.9

84.0

38 044 361 2

205 97 2

38.039.039 754.1

16.3

4641

.610

36 8.395

1 783482548159

256

64793541

826815

2 858

133

289165

(i)

.081

652111

10 826

295 0120 0

263 776 4

202 548 5

272

49 940 946 0

420 4209 4416 8

77.1

90 8

25 644 355 1

200 4146 5

36.934.637 350.9

14.8

7940

.515

23 9.340

1 841562548177

221

41915899

795783

2,827

2,728

26342

.080

662.109

10 264

302.2114 0

263 677 3

198 460.6

272

47 750.649 0

378 4202 6429 9

.56.0

79.7

26 242 864 7

139 549 4

38.634.936 057.3

16.8

8341

.480

22.6.336

3 3345 390

1 716323543165

196

16939995

944938

2,671

4 045

396111

2

.079

671.109

15 285

314 5114 7

293 968 8

190 357.7

282

46 751.743 8

392 o208 2370 0

75 3

66 1

14 244 463 4

138 330 3

43 941.539 959.9

16.4

6143

.374

24 0.326

1 639333538129

192

150645155

880868

2,636

217

600135

9

.079

669109

12 767

303 1140 8

285 483 6

169 459 4

290

48 048.440 0

407 1220 5365 8

3 15 9

74 0

19 148 571 1

122 118 4

42.132.631 468.7

16.8

11148

.330

21.9.286

1,644323538124

201

128530148

948937

2,424

136

358951

.082

.671

.109

11,503

294.6134 2

276.193 4

157.952.5

290

46 751.837 3

392 1215 6338 7

22.36.1

74 1

(d)

41 163 1

122 951.7

44.535.934 274.2

15.9

15756

.359

15.8'.293

r 3, 4875,143

1,891595

.538130

229

74103155

1 0491,0372,103

44

515120

1

.082

.677

.113

10, 972

293.8155 4

314.587 5

181.165.4

290

46 049.636 2

395 8226 5319 8

38.26.6

114.9

(d)

51.766 7

134 076 1

41.338.939 967.9

16.2

14760

.415

24 1.310

1,550357

114

263

1111,113

64

1,0231,0121,726

37

454137

2

.082

.680

8,940

256.9150 1

279.299 7

169.759.4

r 41 843.335.2

410 6213 0333 7

40.05.8

127.8

(d)43.055 6

114 047 6

38.534.337 568.1

16.1

9863

.400

21.3.388

1,616468

' 138

298

118693144

1,0891,078

' 1, 384

58

534196

2

.082

.682

8,778

' 308. 2' 140. 0

' 268. 3' 87.3

' 166. 8'55.9

r 43. 6'48.0

29.3

r 389. 6'200.9'325 0

'39.05.0

' 147. 9

(d)'44.1'61 3' 123.8

46.9

'37.435.3

'35 3'63.5

15.6

'178'60

.455

23 3.378

3 4614,308

1 355224

235

'310

515138

P 1, 035

26

565205

10

.081

.683

10, 805

298.3127 1

268.668 5

189.950.3

48 740.937.0

419 1216 5366 6

24.85.9

109.8

(d)51.062 4

145 527.0

34.034.638 260.0

16.2

14558

.354

312

.082

' Revised. ? Preliminary. d Data withheld to avoid disclosure of operations of in-dividual firms. i Less than 500 short tons.

G Cases of 30 dozen. cfBags of 132.276 Ib. § Monthly data reflect cumulative revisions

for prior periods. 9 Includes data not shown separately; see also note " §". AFor datalard, see p. S-28. ©Producers' and warehouse stocon

stocks.

.stocks. ^Factory and warehouse



1968 | 1969

Annual

1969


1970

Jan. Feb.i

Mar. | Apr. May June July Aug. Sept. Oct.


FATS, OILS, AND RELATEDPRODUCTS- Continued

Vegetable oils and related products— ContinuedCottonseed cake and meal:

Production thous sh tonsStocks (at oil mills) end of period do

Cottonseed oil:Production: Crude mil Ib

Refined doConsumption in end products . do -Stocks, crude and refined (factory and ware-

house), end of period mil. IbExports (crude and refined) doPrice wholesale (drums* N Y ) $ per Ib

Linseed oil:Production crude (raw) mil IbConsumption in end products doStocks, crude and refined (factory and ware-

house) end of period mil IbPrice wholesale (Minneapolis) $ per Ib

Soybean cake and meal:Production thous sh tonsStocks (at oil mills) , end of period do

Soybean oil:Production: Crude mil Ib

Refined doConsumption in end products _do -Stocks, crude and refined (factory and ware-

house) , end of period mil. IbExports (crude and refined). _ doPrice, wholesale (refined; N.Y.) $ per Ib

TOBACCOLeaf:

Production (crop estimate) mil IbStocks, dealers' and manufacturers' end of period

mil IbExports, incl. scrap and stems thous IbImports, incl. scrap and stems do

Manufactured:Consumption (withdrawals):

Cigarettes (small):Tax-exempt.. millionsTaxable do

Cigars (large) , taxable doExports, cigarettes do

1, 574. 9135 1

1,115.11, 001. 5

909.6

272.761.7163

306 6193.6

157 2.127

13,462.7149.2

6, 149. 65, 227. 95, 401. 6

588.6823.4.103

1 1,710

5 179598 916217, 708

53,845523 007

6,75926,461

2,001.974 9

1, 425. 81, 252. 1

889.7

398.7246 5

142

291 8193 9

128 8120

14, 717. 2103.2

6 804 75 860 05, 926. 9

517 2761. 1

110

1 1, 807

4,959579,106213, 402

47, 118510, 532

5,73924, 970

74.964.9

51.061.164.9

376.84 7140

39.516.2

118.8.119

1,096.0108.6

511.8489.3513.5

415.490.9.107

4,77161, 73316, 794

3,71845,586

6041,962

221 561 4

156 3106.282.9

372.843 4

140

31.217.1

130.7.119

1,416.2120.2

660.3513.0531.2

470.745.3.124

62,29319, 992

4,14645, 768

7152,089

229.979 0

161.4110.983.5

383.956 1140

26.713.8

132.0.125

1,418.6139.4

657.6526. 2527.7

492.1100.8.126

74,68820,902

3,70238, 875

5992,027

240.074 9

161.9129.095.7

398.742.6163

19 513.9

128 8125

1 453 6103 2

663 7660 8551 9

517 297.2118

4,95977, 31214, 416

3,65438, 036

4122,329

232.083.6

160.3120.981.4

371.753.0163

23 013.7

129 0125

1 4324108 5

664 2533 0531.0

552 062.7118

20,48316, 738

3,87442, 627

5021,935

213.4108.6

151.3125.184.5

394052.2.163

24.216.7

132 6.110

1,3462128.3

626 5509.2523.3

558.646.2.115

28,22517, 413

3,53840,900

4911,967

197.7146.0

140.2129.990.9

351.356.2.175

21.414.6

130.4.110

1,445 4125.4

671 3566.4554.7

560.7151.7

155

4,83841, 11118, 303

4,84340 588

5272,608

144.2148 4

102.896.690.8

325.124.0.180

27.116.7

133 9.110

1, 437. 2130.9

672 3545.9526.1

632.373.8.146

38 28019, 109

4,61945 038

5442,374

103.1161 0

73.277.778.2

297.761.0

184

26 817.1

130 4.122

1,549.2202 0

724 1505.8491.0

715.881.1.133

39 92716, 474

4,05342 549

6312,838

74.1140 7

53.167.680.6

252.212.2180

24 218.6

128 7.122

1,461.6179.3

680.3531.9549.5

651.3197.8.128

4 43542, 30717, 776

5,74446 646

5573,120

46.698 0

33.142.563.0

213.917.5

17.518.6

112.8

1, 441. 3130.2

664.7488.1488.3

638.3136.0

34, 69920,388

5,03144,165

5402,766

••38.0r 65.1

••26.627.1

'63.0

* 158. 18.8

29.1••18.4

117.1

••1,429.4' 170. 8

' 655. 6r 516. 5r 513. 7

r 670. 6126.7

29 55523 556

3,68547 119

5882 309

44.739.1

31.227.665.8

121.817.8

36.216.9

130.1

1,234.1106.4

563.5491.9524.5

543.4165.2

46, 76615,364

2,188

2 1, 874

LEATHER AND PRODUCTS

HIDES AND SKINSExports:

Value, total 9 thous $Calf and kip skins thous skinsCattle hides . _ thous. hides

Imports:Value, total 9 thous $

Sheep and lamb skins thous piecesQoat and kid skins do

Prices, wholesale, f.o.b. shipping point:Calfskins, packer, heavy, 9^/15 Ib $ per lb._Hides, steer, heavy, native, over 53 Ib do

LEATHERProduction:

Calf and whole kip thous. skinsCattle hide and side kip . . thous. hides and kipsGoat and kid thous. skins. _Sheep and lamb do

Exports:Upper and lining leather thous. sq. ft

Prices, wholesale, f.o.b. tannery:Sole, bends, light index, 1957-59 = 100..Upper, chrome calf, B and C grades

index, 1957-59=100-

LEATHER MANUFACTURESShoes and slippers:

Production, total t thous pairsShoes, sandals, and play shoes, except athletic \

thous. pairsSlippers t doAthletic t doOther footwear t _ do

Exports _ _ do

Prices, wholesale, f.o.b. factory:Men's and boys' oxfords, dress, elk or side

upper, Goodyear welt... index, 1957-59= 100. .Women's oxfords, elk side upper, Goodyear

welt index, 1957-59—100Women's pumps, low-medium quality do

128 6792 212

12,636

78 40030 9125 203

.555

.112

4,24724 033

6,76431, 413

77,266

95.1

91.7

642427

526, 580105 437

8 3312 079

2 884

129.7

118 7134.4

152, 4461 652

14, 778

62 4003 20 716

3 5 068

561.146

3,38122, 0305,856

25 242

» 65, 802

107.0

92.1

'576, 961

••463,388' 100, 943

r 8, 993r 3, 637

2,324

133.8

126.6139.8

12 652111

1,229

4 4001,507

349

.500

.163

2481,758

4851,788

4,119

111.5

90.9

r47, 142

••36,388r g 607

'855' 292

228

135.7

127 2143.0

14,606131

1,405

3 100548320

.450

.138

2711 925

5391,925

4 561

111.5

81.2

r52 496r40 263'11 016

r 853r 364

172

137.1

128 7142.3

14 103108

1,376

2 700349508

.450

.136

2651 692

5432 030

5 299

112.3

81.2

'42 841

'33 072r g 721

r 743'305

189

137.1

128 7142.0

11 74776

1,196

3 900621253

.430

.139

2611 632

4311,840

5 657

112.3

85.6

'44 762

'37 341'6 298

' 814' 309

221

137.1

128 7139.7

11 32176

1,154

4 400655800

.403

.123

2921 665

5311 835

6 063

112.3

85.6

47 697

39 5537 299

700145

154

137.1

128 7142.8

13 75192

1,440

4 0001 971

426

.300

.128

2711 699

3931 775

6 824

112.3

77.4

47 580

39 2287 487

696169

189

138.1

131 6146.1

15 280115

1,586

6 6002,993

701

.300

.128

2681 814

4451 866

6,312

112.3

82.2

50 369

40, 4898 866

848166

195

138.1

131 6146.1

11 967134

1 179

5 7001 847

192

.375

.141

2401 874

4182 070

6 396

112.3

83.3

49 049

38 7169 312

811210

166

138.8

131 6150.3

12 794'l05

1 250

5 4002 450

316

375.134

2581 815

*4042 054

8 316

112 3

79.9

46 687

35 9579 742

791197

161

138.8

131 6147.8

13 79996

1 395

4 0001*438

153

275.134

2671 791

4132 038

6 742

110 8

76.4

48 568

37 03110 534

*807196

172

138.8

131 6147.8

10 83685

1 159

4 5001 294

174

1351 322'240

1 747

6 306

'43 365

' 34, 360' 8 316' 534r 155

139

10 15164

1 123

4 5002*172

102

1861 623

2602 163

6 165

48 249

37 16310 117

795174

156

10 952124

1,235

2 80084936

5 870

218

' Revised. 1 Crop estimate for the year. 2 November 1 estimate of 1970 crop.3 Annual total reflects revisions not distributed to the monthly data.

9Includes data for items not shown separately.j Revisions for Jan. 1968-Aug. 1969 will be shown later.



1968 | 1969

Annual

1969


1970


LUMBER AND PRODUCTS

LUMBER— ALL TYPES 9 1

National Forest Products Association:Production total mil bd ft

Hardwoods _ _ doSoftwoods _ do

Shipments total doHardwoods doSoftwoods . - do

Stocks (gross) mill end of period total doHardwoods _ _ _ _ _ _ _ _ _ d oSoftwoods do

Exports total sawmill products doImports total sawmill products do

SOFTWOODS 1

Douglas fir:Orders new mil. bd ftOrders unfilled end of period do

Production doShipments _ _ ___ _doStocks (gross) , mill, end of period do

Exports, total sawmill products doSawed timber doBoards, planks, scantlings, etc do_ _ _

Prices, wholesale:Dimension, construction, dried, 1" x 4", R. L.

$ per M bd. ftFlooring, C and better, F. G., 1" x 4", R. L.

$ per M bd. ft

Southern pine:Orders, new _ _ _ _ _ _ mil. bd . f tOrders, unfilled, end of period do

Production _ _ _ _ do _Shipments doStocks (gross), mill and concentration yards, end

of period _ _ - mil. bd. ft_

Exports, total sawmill products M bd. f t _ _

Prices, wholesale, (indexes):Boards, No. 2 and better, 1" x 6", R. L.

1957-59=100Flooring, B and better, F. G., I" x 4", S. L.

1957-59=100..

Western pine:Orders, new mil. bd ftOrders unfilled end of period do

Production _ _ doShipments _ __ _ do

Stocks (gross) , mill, end of period doPrice, wholesale, Ponderosa, boards, No. 3, I" x

12", R. L. (6' and over) . $ per M bd. ft

HARDWOOD FLOORING

Oak:Orders, new . mil. bd. ftOrders, unfilled, end of period _ do

Production doShipments doStocks (gross), mill, end of period do ..

37 4507,227

30, 223

38 1977,789

30, 408

4 988838

4 150

1 1436,087

9 009821

8 7818,767

971

403102301

107. 85

166 36

7,329422

7,0547 214

1,137

90,477

119 0

113.0

10 857539

10 82610 875

1 396

87 72

496 523 9

459 3485 123.5

37 9438,462

29, 481

37, 6158,672

28,943

5 332628

4,7042 1, 1582 6, 263

7,844486

8,2188,1791,010

35988

271

113. 52

212. 59

7,336324

7,6457,434

1,3482 75,687

132.0

127.0

9,593364

9,9999,768

1,627

107. 18

380.612.0

393.1387.829.6

3 256'763

2,493

3 248723

2, 425

5 210'523

4 687

120528

659476

671670

1 027

359

25

94 61

215 44

617334

594613

1 320

7,615

116 8

124.9

867438

913872

1 636

74 90

32 g15 1

32 132 319 9

3 459799

2,660

3 414766

2,648

5 255556

4 699

103525

776495

743757

1 013

379

28

94.28

222 46

671331

671674

1,317

6,718

115 4

126.8

884430

900892

1 644

76 02

36 716 6

36 834 821 9

2 926753

2,173

2 912722

2 190

5 269587

4 682

85443

556433

619618

1 014

194

15

96.15

225 60

585339

576577

1 316

5,821

113 6

128.3

674385

702719

1 627

77 83

24 213 2

28 226 923 2

2 820638

2,182

2 757597

2 160

5 332628

4 704

116435

685486

628632

1 010

378

29

95.37

227 24

505324

552520

1 348

8,597

112.5

129.2

723364

744744

1,627

86 00

24 112 0

29 823 929.6

2 902657

2,245

2 651656

1 995

5 583829

4 954

515

591468

687609

1 088

92 86

227 24

502322

574504

1 418

7 359

114 4

129 2

637399

668602

1 693

90 55

21.610.5

29 323.035.2

2,859673

2,186

2,670587

2,083

5 772715

5,057

92423

628474

628622

1 094

347

27

91 43

225 69

512329

552505

1 465

5 976

110 0

129.2

680407

704872

1 725

84 43

21.29.8

24 820.538.5

3 164709

2 455

3 015*587

2 428

5 921837

5 024

104488

732462

749744

1 099

371127

90 66

225 69

609366

588572

1 481

5 977

108 4

129 2

778OQ1

796794

1 727

82 45

28 310.8

24 626.635.2

3 203695

2,508

3 128559

2 569

5 996*973

5 023

147535

811562

684711

1 072

315

26

92 06

225 69

681402

626645

1 462

9 561

109 9

129 2

8fi7A(\f)

CKfl

856

1 721

DO QK

31 213 2

27 129 032.9

3 080647

2,433

2 942558

2 384

6 1371 0655 072

91572

542453

693651

1 114

236

17

92 68

225 69

586369

622619

1 465

8,096

110 5

130 7

7 CQ

O.JQ

802812

1 711

90 14

22 39 4

25 326 232 1

2 967622

2,345

3 042524

2,518

6 0611,1654 896

130562

715406

694762

1 046

531340

90 80

225 69

614361

585622

1 428

8,169

109 1

130.7

833356

768826

1 653

94 14

25 38 7

26 226 134 1

3 004648

2,356

2 930497

2 433

6 1411?3224 819

93478

697466

627637

1 036

215

16

663364

608660

1 376

6,481

947445

850858

1 645

31 110 3

26 930 029 4

3 045626

2,419

3 044572

c 2, 472

6 7131,3894 784

119540

676435

690707

1 037

327

25

633374

590623

1 343

5,099

807410

850842

1 653

27 910 7

27 827 529.6

3 104641

2,463

3 059587

2,472

6 2351,4604 775

139553

633395

695673

1 057

215

16

632383

611623

1,331

5,557

887379

900918

1 635

25 69 3

29 027.431.2

METALS AND MANUFACTURES

IRON AND STEELExports:

Steel mill products thous. sh. tonsScrap... doPig iron... _ _ do

Imports:Steel mill products doScrap _ _ doPig iron _ _ do

Iron and Steel Scrap

Production thous. sh. tons..Receipts, net t doConsumption doStocks, end of period _ . .. do

Prices, steel scrap, No. 1 heavy melting:Composite (5 markets) $perlg. ton_.

Pittsburgh district _ do

2,1706,572

11

17 960327799

2 53, 5452 33 5872 87 060

7 882

25.0627.00

2 5, 2299,176

44

14 034412417

56, 04936 70894 3696 448

29.7632.00

4501 054(i)

1 3112943

4,8082 9407 8746 917

34.1837.00

6391 025

1

1 2972639

5,0353 3668 4646 876

33.1234.00

636842

7

1 0084140

4,6252 9287 9436 532

32.1334.00

693736

27

1 1392946

4,6622 9807 7426 448

34 3035.00

654792

27

781204

4,5212 7787 5296*247

39.2940.00

69053931

697296

4,2622 9157 0716 333

44.9446.50

698781

2

859323

4,7193 2557 8886 427

44.5745.00

809935

g

9622326

4 6363 0927 7056 448

40.5242.00

9161 269

45

] 0663030

4 4632 8637 5196 268

42 2144.50

65198954

1 0823322

4,5222 9877 4306 360

43 1744.00

6351 045

2

1 1343333

4,3633 9826 8086 657

56691843

1 1112720

4,3772 6086 8416 828

39883220

1 2772333

r Revised. * Preliminary. 1 Less than 500 tons. 2 Annual total reflects revisionsnot distributed to the monthly data.

9 Totals include data for types of lumber not shown separately.IfData for orders, production, shipments, and stocks have been revised back to 1962;

corresponding monthly revisions are available for 1968 and 1969 only.

{Receipts previously shown for the period Apr. 1967-Sept. 1969 have been corrected torepresent net receipts (i.e., less scrap shipped, transferred, or otherwise disposed of during theperiod); data comparable with the net receipts shown through Mar. 1967 appear in the Feb.1970 SURVEY, p. S-31. « Corrected.



1968 | 1969

Annual

1969


1970


METALS AND MANUFACTURES—Continued

IRON AND STEEL— Continued

Ore

Iron ore (operations in all U.S. districts):Mine production thous. Ig. tons..Shipments from mines doImports do

U.S. and foreign ores and ore agglomerates:Receipts at iron and steel plants doConsumption at iron and steel plants doExports do

Stocks, total, end of period doAt mines doAt furnace yards- ... _ _ _ doAt U.S. docks _ do

Manganese (mn. content), general imports do

Pig Iron and Iron Products

Pig iron:Production (excluding production of ferroalloys)

thous. sh. tons__Consumption - doStocks, end of period thous. sh. tons__

Prices:Composite $ per Ig. tonBasic (furnace) __. . doFoundry. No. 2, Northern. do

Castings, gray iron:Orders, unfilled, for sale, end of period

thous. sh. tons..Shipments, total.. _ _ do

For sale. doCastings, malleable iron:

Orders, unfilled, for sale, end of periodthous. sh. tons. _

Shipments, total doFor sale.- do

Steel, Raw and Semifinished

Steel (raw):Production thous sh tons

Index _-. daily average 1957-59— 100Steel castings:

Orders, unfilled, for sale, end of periodthous. sh. tons..

Shipments, total doFor sale, total do

Steel Mill Products

Steel products, net shipments:Total (all grades) thous sh tonsBy product:

Semifinished products doStructural shapes (heavy), steel piling doPlates doHails and accessories do

Bars and tool steel, total doBars: Hot rolled (incl. light shapes) do

Reinforcing doCold finished do

Pipe and tubing ___ doWire and wire products ... _ doTin mill products _ _ doSheets and strip (incl. electrical), total., do

Sheets: Hot rolled doCold rolled do

By market (quarterly shipments):Service centers and distributors doConstruction, incl. maintenance doContractors' products doAutomotive do

Rail transportation doMachinery, industrial equip., tools doContainers, packaging, ship, materials, doOther do

Steel mill products, inventories, end of period:Consumers' (manufacturers only).. mil. sh. tons..

Receipts during period _ doConsumption during period _ . do

Service centers (warehouses) doProducing mills:

In process (ingots, semifinished, etc.)-— doFinished (sheets, plates, bars, pipe, etc.) do

Steel (carbon) , finished, composite price $ per Ib' Revised . * Preliminary. i Annual total; m3 For month shown. » For eleven months.

85, 865182,53143, 941

118, 581120, 449

5,937

72, 01915,99053, 2322,797

953

88, 780i 89,953

2,342

62.7063.00

»63.50

92315,1308,715

1371,007

583

i 131,462135.0

3711,7301,435

i 91, 856

4,8216,1498,4011,462

13, 6608,4973,2411,815

10, 0783,3937,267

36, 62410, 78216, 336

U6,0991 12, 195i 4, 922

1 19, 269

13,04815,46917,902

i 22, 952

10.570.168.7

6.3

9.99.0

.0873

snthly TG\

i 88, 260i 90, 570

40,758

126, 165128, 550

5,430

67, 30313, 65251,0032, 648

1,124

95, 01794,4861,715

63.7864.0064.33

1,09115, 9359,187

1171,171

672

1141,2621 145. 4

4461,9001,583

193,877

6,3736,2448,2381,514

14, 3548,6593,6591,9239,2323,2566,555

38, 11112,47116,427

1 17, 5651 11, 402i 4, 768

1 18, 276

13,344i 5, 690i 7, 145

i 25, 687

9.869.370.0

6.3

11.710.2

.0917isions are

8,89311,1165,188

15, 15710, 342

466

65, 52316, 24547, 331

1,947

122

7,7397,7321,828

65.2065.5066.00

1,1431,402

811

1309758

11, 523144.3

433153127

7.896

582526655104

1,194701320162702279571

3,2841,0931,398

4,4682,7891,2164,481

7211,3331,8386,388

9.85.96.1

5.9

11.09.5

.0933

not avail

8,59610,2216,002

15,00111, 244

335

68, 51214,91851, 0882,506

94

8,2928,2531,760

65.2065.5066.00

1,1501,498

886

12110364

12,324149.4

420167138

8,439

604554719108

1,307790342164694312518

3,6241,2451,526

10.06.46.2

5.8

11.09.6

.0933

able.

5,7127,4903,997

11,92810, 762

341

68, 04713, 14152,2542,652

117

7,9557,9231,720

65.2065.5066.00

1,0961,260

735

1157949

11,916149.3

430151128

7,560

649528653105

1,157701297149598237449

3,1851,1121,337

9.85.65.7

5.9

11.39.9

.0933

5,3274,8244,072

9,83211, 083

417

67, 30313, 65251, 0032,648

123

8,1327,9651,715

65.2065.5066.00

1,0911,273

716

1178248

11, 812143.2

446152125

7,654

704519662131

1,146703291142699230598

2,9641,0151,260

4 4542 6101 1674 415

7741 4221,7097 102

9.85.65.7

6.3

11.710.2

.0933

5,3532,6582,189

4,01210, 482

334

63, 14716, 17044, 4882,489

106

7,6687,5591,752

65.2065.5066.00

1,0801,214

674

1097845

11, 243136.3

435147120

8,538

610523697128

1,126718244155594235

1,2763,3511,1701,422

10.26.46.0

6.1

11.79.2

.0952

5,0892,5832,307

3,8809,562

315

59, 83218, 79538, 8142,223

45

7,0627,0361,671

65.2065.5066.00

1,0761,206

699

1078045

10, 498140.9

443149122

7,242

584553756144

1,068665252142630237331

2,9391, 1221,143

10.25.75.7

6.0

11.59.3

.0960

5,7882,3181,936

4,56110, 788

197

56, 65622, 26532, 5871,804

41

8,0597,9471,685

66.7865.5069.00

1,0541,271

726

1048045

11, 886144.1

433160131

8,244

792538738167

1,349759428152734285446

3,1951,2611,214

4,4542,5411,1233,853

9181,5132,1737,759

9.95.86.1

6.1

11.59.4

.0968

6,6335,3482,944

7,54210, 378

339

54, 94523, 57629, 7501,619

56

7,7907,6521,712

68.2068.5069.00

1,0611,272

739

948347

11, 386142.6

433158126

7,039

724496631156

1,17366840890

824263445

2,327907919

9.15.76.5

6.3

11.710.3

.0974

9,26410, 2993,806

14,48310, 934

433

57, 61622,53833,308

1,770

34

8,1227,8971,787

68.2068.5069.00

1,0461,256

723

947844

11, 574140.3

421154124

8,190

729500714156

1,305735436127679275582

3,2491,0871,359

9.16.06.0

6.1

12.110.1

.0974

9,52010,7635,487

15,03310, 497

627

61, 14321, 29737,8442,002

47

7,8747,7351,804

68.2068.5069.00

1,0191,291

758

907745

11,323141.8

411158128

8,517

780543737143

1,388758472149691282605

3,3501,1411,362

4,4702,8181,1033,844

8801,3551,7577,520

8.96.16.3

6.1

12.19.7

.1056

9,65111,6985,193

15, 53310, 327

700

64,57819, 25143, 0502,277

102

7,6187,4171,924

68.20

'978' 1, 084

'669

'100'61'41

10, 781130.7

'381129108

7,759

586534685119

1,249651469123657254603

3,0711,0771,240

2 1, 58329972412

2 1, 278

223024002652

2 2, 207

9.25.65.3

6.2

11.79.5

.1056

9,38212, 0035,368

15, 40710, 279

629

67, 50616, 62948, 1782,699

149

7,5787,4151,929

68.20

9351,128

684

1037851

10, 765130.5

37212199

7,511

470472631100

1,262676456123661263663

2,988993

1,229

2 1,44129282396

2 1, 396

219724152711

2 2, 027

'9.5'5.5

5.2

6.5

11.99.5

.1056

5,222

14, 48310, 056

667

52, 6043,106

81

7,414

10, 727134.4

2 1,48029122387

2 1, 170

2 1832408

2 1, 1712 2, 056

P9.5P5.4*5.4

'11.9"9.2



1968 1969

Annual

1969


1970


METALS AND MANUFACTURES—Continued

NONFERROUS METALS AND PRODUCTSAluminum:

Production, primary (dom. and foreign ores)thous. sh. tons

Recovery from scrap (aluminum content) __ do _ _ _

Imports (general):Metal and alloys, crude doPlates, sheets, etc _ _ _ do

Exports metal and alloys, crude do

Price, primary ingot, 99.5% minimum.. .$ per lb._

Aluminum products:Shipments:

Ingot and mill prod, (net ship.)§ mil. lb_.Mill products, total § do

Plate and sheet doCastingsA do

Inventories, total (ingot, mill prod., and scrap)*mil. lb_-

Copper:Production:

Mine, recoverable copper thous. sh. tons--Refinery primary do

From domestic ores doFrom foreign ores _ _ do

Secondary, recovered as refined do

Imports (general) :Refined, unrefined, scrap (copper cont.) ..do

Refined doExports:

Refined and scrap doRefined do

Consumption refined (by mills etc ) doStocks refined end of period do

Fabricators' doPrice, electrolytic (wirebars), dom., delivered t

$ per lb-_

Copper-base mill and foundry products, shipments(quarterly total) :

Brass mill products mil. IbCopper wire mill products (copper cont ) doBrass and bronze foundry products do

Lead:Production:

Mine, recoverable lead thous. sh. tons..Recovered from scrap (lead cont.) do

Imports (general) ore (lead cont ) metal doConsumption, total do

Stocks, end of period:Producers', ore, base bullion, and in process

Refiners' (primary), refined and antimonial(lead content) thous sh tons

Consumers' (lead content) cf doScrap (lead-base, purchased), all smelters

(gross weight) thous sh tonsPrice, common grade (N.Y.) $perlb_.

Tin:Imports (for consumption) :

Ore (tin content) Ig tonsBars, pigs, etc do

Recovery from scrap total (tin cont ) doAs metal do

Consumption, total doPrimary do

Exports, incl. reexports (metal) doStocks, pig (industrial) , end of period doPrice, pig, Straits (N.Y.), prompt $ perlb__

Zinc:Mine prod., recoverable zinc thous. sh. tons_.Imports (general) :

Ores (zinc content) doMetal (slab blocks) do

Consumption (recoverable zinc content):Ores doScrap, all types . .do _

Slab zinc:Production (primary smelter), from domestic

and foreign ores. _ __ _ _ thous. sh. tonsSecondary (redistilled) production do_ _Consumption, fabricators' doExports... _ doStocks, end of period:

Producers', at smelter (AZI)O doConsumers' _ _ _ _ _ _ _ d o

Price, Prime Western (East St. Louis). $ per Ib- .

3, 255. 0i 925. 0

685.261.8

180.3

.2557

9,864.87,170.0

3, 404. 61, 588. 2

3,725

1,20161, 437. 41, 160. 9

276.5400.9

716.7405.4

360.8240.7

1,876.4171.5114.9

2 . 4225

2,7572,213

791

359.2i 550. 9

424.61,328.8

146.8

15.388.9

57.8 •.1321

3,26657, 358

122,4951 2, 97881,96158,859

5,02718, 5571. 4811

529.4

546.4305.5

1124.11270.6

11,020.9179.9

11,333.733.0

63.1102.4.1350

3, 793. 1958.0

468.657.2

344.4

.2718

10,721.57, 652. 83, 711. 91,698.1

3,749

1,544.61, 742. 81, 468. 9

273.9465.6

415.1131.1

286.2200.3

2, 145. 0170.3124.4

.4793

3,1112,524

853

509.0604.2

389.61, 389. 4

165.7

25.5151.0

64.9.1490

054, 950

i 22, 7751 3, 022

i 80, 790i 57, 730

3,21713, 8241. 6444

553.1

602.1324.7

i 126. 7i 302. 1

1, 045. 465.7

1, 368. 39.3

167.71 100. 5

.1460

313.077.0

35.64.4

43.1

.2700

933.3640.7300.7142.7

3,781

127.7133.6111.422.240.6

38.37.2

28.117.9

180.1138.992.5

.5176

717658203

43.253.0

25.1123.9

171.0

17.7146.6

61.3.1550

04,8051,895

1956,6254,695

27016,0451. 6564

47.4

50.931.4

12.319.2

90.04.6

116.0. 7

45.9105.7.1486

326.983.0

32.94.4

43.9

.2765

932.5647.5300.7157.3

3,781

135.4157.1127.529.544.9

32.912.3

23.815.6

194.7150.295.1

.5248

46.255.4

37.5131.9

176.1

20.5141.3

59.2.1550

05,3122, 140

2857,1054,925

14316,2451. 6671

47.3

57.025.7

13.020.4

88.06.5

122.0.4

48.699.1

.1550

318.779.0

28.63.9

31.6

.2800

849.2586.2277.4130.7

3,770

134.2145.6123.921.741.0

36.315.8

21.213.7

181.1162.9106.7

.5252

42.349.8

28.2112.5

172.3

22.7148.4

57.9.1559

03,9751,895

2556,1104,360

32014, 8081. 7596

46.3

53.023.8

12.220.0

86.66.2

103.0.1

61.493.5

.1550

332.272.0

26.94.5

41.1

.2800

911.7630.9314.6129.7

3,749

138.6159.0140.418.641.4

31.511.8

20.014.9

180.5170.3124.4

.5289

731609209

46.149.2

28.5117.7

165.7

25.5151.0

64.9.1603

04,1411,770

2706,2104,430

85213,8241. 8132

45.5

40.327.8

12.320.1

85.05.5

97.3(3)

78.394.5

.1550

334.666.0

35.37.1

49.5

.2800

837.4583.6272.2137.1

3,815

139.9148.6131.417.237.5

24.511.7

25.118.6

170.1175.1123.1

.5625

47.846.7

28.2116.1

158.0

30.5147.8

74.7.1650

05,3581,885

2706,3454,565

44813, 6551. 7917

45.1

44.725.6

7.518.9

87.45.2

97.4(3)

94.787.9

.1550

305.569.0

40.49.1

50.2

.2800

834.9597.8286.7130.7

3,865

131.8140.1120.919.337.7

25.96.8

30.320.0

186.6176.4118.2

4.565

46.945.8

36.2109.0

162.7

33.2160.2

75.9.1650

02,7311,800

2555, 6053,825

80813, 1351. 7491

45.7

45.221.7

11.818.8

76.96.1

94.6(3)

109.385.4

.1550

338.876.0

33.38.9

43.1

.2800

936.5685.2348.9146.5

3,839

144.3157.5136.820.647.2

25.810.0

27.318.8

200.8179.3111.9

4.565

708599214

52.550.4

32.6118.7

157.1

36.6169.0

73.0.1650

04,7071,840

2856,7604,680

32712,6801. 7712

49.2

56.621.3

12.819.8

85.46.9

100.0.1

122.279.8

.1550

' 329. 078.0

32.66.6

36.0

.2859

858.4633.7318.2136.7

3,899

141.7151. 4128.123.245.0

34.06.8

32.524.0

185.9177.1118.9

4.598

49.753.1

26.7115.9

163.3

47.1167.6

67.5.1650

03,8181,785

2306,5954,665

8111, 7651. 8388

48.3

39.522.3

11.119.8

80.75.3

99.40

131.775.9

.1550

' 341. 471.0

31.97.0

41.5

.2900

871.7653.4327.2134.6

3,942

152.1148. 2128.220.043.1

32.79.8

33.026.2

188.5183.8118.6

*.602

51.346.8

36.7115.9

138.4

53.2165.7

72.3.1650

3844,5431,855

3306,5054,560

9111, 8101.8054

45.6

43.725.0

10.318.6

77.06.8

99.1(3)

134.977.3

.1550

' 326. 873.0

30.47.0

41.1

.2900

884.1661.6338.9135.9

3,932

148.5140.9117.623.341.5

32.110.6

22.217.1

180.8175.6121.9

4.602

703637200

47.450.3

23.8114.0

125.8

63.1172.0

67.1.1650

1,0656,1341,255

2506,5804,780

9212, 8651. 7023

46.4

42.916.4

9.019.4

70.76.1

102.2(3)

132.083.4

.1550

' 339. 371.0

31.86.2

35.2

.2900

' 758. 7' 592. 5' 296. 7

114.4

'4,040

137.0148.3130.418.041.1

35.210.1

25.215.0

* 123. 2P230.3* 173. 4

4.601

'46.645.4

30.199.9

130.2

78.9175.9

75.5.1568

03,3981,385

2255,8854,425

67311, 3301. 6477

'47.5

44.220.7

8.218.4

71.75.3

90.9(3)

125.784.8

.1550

330.9

21.75.3

14.1

.2900

778.9602.3307.4117.5

4,096

144.5138.7119.319.434.6

30.511.0

27.817.5

p 166.9p 225.8p 170.9

4.601

47.448.4

25.4108.8

133.8

87.1174.8

74.0.1510

1,6331,723

5,6354,100

10210, 5001. 7451

44.1

56.916.0

11.518.0

65.36.6

100.4(3)

117.281.8

.1533

20.05.6

26.9

.2900

130.5114.216.335.9

45.518.8

24.813.6

P 177. 6P 227. 0p 166. 3

4.601

31.4

143.4

.1452

5915,693

83

1. 7474

42.119.4

(3)

112.8

.1500

.2900

4.590

.1450

1. 7365

.1500r Revised. P Preliminary. i Annual; monthly revisions are not available.2 Average for Apr.-Dec. 3 Less than 50 tons. 4 Beginning Feb. 1970, the new METALS

WEEK price (based on mine production rates and known selling prices of U.S. producersonly) is not comparable with prices for earlier months.

§For revised 1968 monthly data, see Feb. 1970 SURVEY, p. S-32.ARevised data (1966-68) are in the Apr. 1970 SURVEY. *New series. Source, U.S. Dept.

of Commerce; monthly data back to Jan. 1967 are available.tPrices shown are averages of delivered prices; average differential between the delivered

and the refinery price is 0.400 cents per Ib. through 1969 and 0.500 cents thereafter.cf Consumers' and secondary smelters' lead stocks in refinery shapes and in copper-base

scrap..icvp.©Producers' stocks elsewhere, end of Sept. 1970, 24,000 tons.

S-34 SURVEY OF CURRENT BUSINESS November 197Q


1968 | 1969

Annual

1969


1970

Jan. Feb. Mar. Apr. May June Ju Ly Aug. Sept. Oct.

METALS AND MANUFACTURES— Continued

HEATING EQUIPMENT, EXC. ELECTRIC

Radiators and con vectors, shipments:Cast-iron _ mil. sq. ft. radiation .Nonferrous do

Oil burners:Shipments _ _ _ _ _ _ _ - - _ thous _ _Stocks end of period do

Ranges, gas, domestic cooking (incl. free-standing,set-in, high-oven ranges, and built-in ovenbroilers), shipments _ thous

Top burner sections (4-burnerequiv.), ship___do

Stoves, domestic heating, shipments, total, doGas _ . - . _ - - do

Warm-air furnaces (forced-air and gravity air-flow),shipments, total.- thous

G a s _ _ _ _ - - _ _ _ _ . d o - _Water heaters, gas, shipments do

MACHINERY AND EQUIPMENT

Foundry equipment (new), new orders, netmo. avg. shipments 1 957-59 =100. .

Furnaces (industrial) and ovens, etc., new orders(domestic), net, quarterly total mil. $

Electric processing _ _ do _.Fuel-fired (exc. for hot rolling steel) do

Material handling equipment (industrial) :Orders (new), index, seas, adj 1957-59=100.-

Industrial trucks (electric), shipments:Hand ( motorized) __ _. _ number.Rider-type do

Industrial trucks and tractors (internal combustionengines), shipments number,-

Machine tools:Metal cutting type tools:

Orders, new (net), total.. mil. $Domestic- - _ .__ - do

Shipments, total doDomestic _ _ _ .do

Order backlog, end of period do

Metal forming type tools:Orders, new (net), total do

Domestic _ _ __ _ . _ . _ _ . do .Shipments, total do

Domestic _ doOrder backlog, end of period do

Other machinery and equip., qtrly. shipments:Tractors used in construction:

Tracklaying, total . . . ._ . . . mil $Wheel (contractors' off-highway) doTractor shovel loaders (integral units only),

wheel and tracklaying types _ mil. $Tractors, wheel (excl. garden and contractors'

off-highway types) ._ mil. $Farm machines and equipment (selected typss),

excl. tractors _ _ _ mil $

ELECTRICAL EQUIPMENT

Batteries (auto, replacement), shipments]:. _thous.-Household electrical appliances:

Ranges, incl. built-ins, shipments (manufac-turers'), domestic and export thous__

Refrigerators and home freezers, output1957-59=100,-

Vacuum cleaners, sales billed ._ thousWashers, sales (dom. and export) doDryers (gas and electric), sales (domestic and

export) thous,-

Radio sets, production© _ _ _ _ _ _ _ _ _ d oTelevision sets (incl. combination), prod.O- -do _ _ _Electron tubes and semiconductors (excl. receiving,

power, and spec, purpose tubes), sales mil. $._Motors and generators:

New orders, index, qtrly 1947-49=100New orders (gross) :

Polyphase induction motors, 1-200 hp . . .mil. $_ _D.C. motors and generators, 1-200 hp do

19.3'79.2

i 532. 6145.8

12,268.2206.1

1 1, 446. 81 1, 001. 3

1 1, 740. 911,428.12, 705. 9

270.3

121.2i 12.1164.6

220.4

10, 75312, 243

42,601

1, 079. 35959. 90

1, 358. 301, 238. 30

809.6

394.75360.55368.60324. 45254.5

i 453. 468.4

i 502. 6

1 938. 4

11,211.3

33, 793

2, 306. 8

165.66, 653. 1

i 4,519. 8

2,861.8

22, 56611, 794

1 693. 1

206

596.649.5

5.378.5

665.3

2,471.1198.7

1,361.6967.0

1,898. 81, 531. 62, 784. 6

366.1

113.116.458.3

6 246. 8

14, 57914,903

50,446

1, 195. 301,032.651, 192. 451, 077. 45

812.4

533. 45484. 35405. 10369.30382.8

1 475. 6179.1

617.3

878.6

1, 151. 6

35, 510

i 2,342. 3

181.07, 133. 74,421.5

3, 022. 5

20,54911, 270

770.7

217

5 109. 351.9

.67.9

66.123.7

230.318.3

172.0132.1

202.3153.9233.0

318.3

19.83.1

10.1

220.2

1,2821,352

4,429

82.0058.50

108. 4096.65876.6

27.7023.9534.8532.80395.7

107.449.0

139.1

175.6

228.3

3,819

194.6

194.1765.0433.5

350.4

4 2, 2114 1, 167

71.2

213

510.34.0

69.0

73 619.7

237.917 7

189 4143 8

218 9170 7249 8

273 0

249 1

1 3481 391

4 220

89 0077 40104. 6094 00861 0

45.0036.2543 2040.40397.5

4 271

242.2

201.8728 7462.8

394.6

1,838984

69.3

510.34.4

45.9

52 918.2

201.814 8

133 4102 0

153.2121 7246 3

307.2

226 8

1,0691 282

4 010

78 9567 5592 2083 90847 8

31 9027 7039 2034 15390 2

3 668

144 6

98 6645 0290.8

268.2

1,504888

61 1

5 8.13.6

35.1

57 0

199.616 2

79 352 6

146 9121 4210 4

242 4

23 27 28 8

257 2

1 4061 399

4 328

82.8070.20118.15103.35812.4

26.2524.2033.6031.20382.8

100 831.6

138 2

228 5

239.6

3 782

153.5

113 3520 9277.1

243.6

4 1, 437*764

69 7

210

58.83.5

35.0

48 4

167.513 0

71 237 8

150 1125 4245 1

499 0

224 1

1,0001 407

4 135

92 2578 6093 8584 35810 8

22 3018 7040 7038 65364.4

3 692

120.2

131.5565 1241. 1

203.7

1,369704

62.7

5 8.14.8

55.1

47 5

178.213.7

66 731 8

133.7110 8214 4

369.5

228 3

1,3051 220

3 643

62 8552.7087.3574 65786.3

31.7029.6539 6033 60356.5

3 123

142.8

194.9636 1302.9

219.4

1,240782

59.6

58.73.8

44 6

44 1

208.315 7

76 651 4

135 5111 6235 1

550.3

30.13.011.3

200.4

1,2181,573

3,846

75.9560.0098.2082.50764.1

20.3517.0040.9538.20335.9

133.2736.5

162.4

248.4

333.6

2,491

210.8

219.5645.1399.8

278.8

4 1, 6324895

63.8

215

5 9. 76.0

24.5

34 8

187.912 6

72 647 6

120 297 9242 7

1, 402. 1

177.3

1, 1501,057

3,416

59.2046.3083.0569.15740.2

27.2025.5534.7532.20328.4

2,039

205.5

227.2561.5338.3

197.5

1,322509

58.1

59.43.6

24.1

36 6

174.013 1

79 652 0

128.9105 8232 5

769.7

226 1

1,5291 237

3 636

52 7541 6097.1082 55695 9

16 2515 2046 1043 40298.5

1 930

200.2

221.4531 7' 321. 6

173.6

1,292531

53 2

58.13.4

46 6

227.614 1

89 265 5

148 2119 9264 8

309.2

22.52.712 3

177 1

1,2731 377

3 855

61.8544,05100.6084.50657.1

14.4012.8541.2036.20271.7

125.352.3

153.3

230.8

294.8

2 269

221.6

227.4589 2' 382. 9

203.4

4 1, 651*823

56.4

206

58.64.7

33.9

r 47 7

172.411 2

f 125 0r 92 0

r 158 6r 125 1

234 7

255.5

207 6

1,1251 433

3 533

62 7047 7074.9061 30644 9

14 7512.3038 7536 25247.7

3 39 8

••3 42 9

2 912

238.4

238.3513.3

r 8337. 7

198.5

975534

46 9

59.93.8

3

65 0

201.910.6

141.8103 9

163.4121 9235 7

195.3

188.2

688846

2 346

34.2023.4562.1547.75617.0

' 12. 50'8.95

* 30. 40- 28. 15r 229. 8

3 32 6

3 47 1

' 3 018

193.7

152.1667.9

'8356.4

278.7

1,480779

49 3

57.54.0

227.0

442.4

23.11.815 0

1,0931,183

3,685

44.0535.5082.8066.70578.2

22.9521.6530 6028. 85222.2

4,390

225.5

205.7

8 387. 6

335.9

4 1, 585U,054

56 3

58.43.0

s 399. 6

359.3

1,285965

PETROLEUM, COAL, AND PRODUCTS

COALAnthracite:

Production thous. sh. tons..Exports doPrice, wholesale, chestnut, f.o.b. car at mine

$ persh. ton..Bituminous:

Production thous. sh. tons..

11, 461518

13. 813

545, 245

' 10, 795627

15. 100

560, 503

94741

15. 268

49,155

86670

15. 268

53,906

73663

15. 758

45,687

89170

16. 248

51,094

81116

16. 346

45, 515

77317

16. 346

45, 890

81722

16. 346

50,775

76157

16. 346

49, 330

76651

«15. 758

50,765

81143

15. 758

48,085

710110

38, 795

90179

50, 365

'852135

«• 53, 010

864

54,695r Revised. i Revised total or year-end stock; monthly revisions are not available.2 Total for 11 months. 3 For month shown. 4 Data cover 5 weeks; other periods,

4 weeks. 5 Excludes orders for motors 1-20 hp.; domestic sales of this class in 1969 totaled$117.2 mil.; 1970—Sept., $9.7 mil. e Revised data (1967-68) are in the Apr. 1970 SURVEY.

7 Excludes figures for rubber-tired dozers (included for other periods).

8 Omits combination washer-dryers. % Revised series. Data reflect adjustment to 1967Census of Manufactures; monthly revisions (1957-69) are available.

ORadio production comprises table, portable battery, auto, and clock models; televisionsets cover monochrome and color units.

« Corrected.



1968 | 1969

Annual

1969


1970


PETROLEUM, COAL, AND PRODUCTS—Continued

COAL — Continued

Bituminous — ContinuedIndustrial consumption and retail deliveries,

total 9 thous sh tonsElectric 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 of period,total _ thous. sh. tons

Electric power utilities doMfg. and mining industries, total do

Oven-coke plants do

Retail dealers _ . do

Exports doPrices, wholesale:

Screenings, indust. use, f.o.b. mine$persh. ton..

Domestic, large sizes, f.o.b. mine do

COKEProduction:

Beehive . _ _ thous. sh. tonsOven (byproduct) doPetroleum coke§ - do

Stocks, end of period:Oven-coke plants, total do

At furnace plants doA t merchant plants _ . _ _ d o

Petroleum coke_ doExports.. _ _ do..

PETROLEUM AND PRODUCTS

Crude petroleum:Oil wells completed __ numberPrice at wells (Oklahoma) $perbb l__Runs to stills . mil. bblRefinery operating ratio % of capacity.

All oils, supply, demand, and stocks:New supply, totalo"- - mil. bbl

Production:Crude petroleum _ doNatural-gas plant liquids _ . d o

Imports:Crude and unfinished oils doRefined products _ . do

Change in stocks, all oils (decrease,—) do_.

Demand, total.. _ _ doExports:

Crude petroleum doRefined products . ... do

Domestic demand, total 9 doGasoline _ doKerosene do

Distillate fuel oil.. do. .Residual fuel oil doJet fuel do

Lubricants _ doAsphalt doLiquefied gases do

Stocks, end of period, total doCrude petroleum . _ do .Unfinished oils, natural gasoline, etc doRefined products do .

Refined petroleum products:Gasoline (incl. aviation):

Production doExports doStocks, end of period do

Prices (excl. aviation):Wholesale, ref. (Okla., group 3) $ per gal..Retail (regular grade, excl. taxes), 55 cities

(1st of following mo.) $ per gal. .Aviation gasoline:

Production mil. bbl

Stocks, end of period ... do .Kerosene:

Production doStocks, end of period doPrice, wholesale, bulk lots (N.Y. Harbor)

$ per gal. _' Revised. « Corrected.1 Less than 50 thousand barrels. 2 Reflects reviscf Includes small amounts of "other hydrocarbo

498, 830294, 739188, 45090, 765

15, 224

85, 52564,16821, 1699,537

188

50,637

5. 3976.944

77562, 87819, 038

5,9855, 637

3481,239

792

14,4263.06

3, 774. 493

4, 922. 1

3, 329. 0553.7

501.7537.7

55.5

4, 873. 8

1.882.7

4, 789. 21, 956. 0

102.9

874.5668 2349.4

48.5141.2385.7

999.6272.298.9

628.5

1, 940. 02.1

211.5

.113

.230

31.61.87.0

101.623.5

.113

tons not aus and h^

507, 275308. 461185, 83592, 901

12,666

80, 48260, 59719,7018,962

184

56,234

6.0527.487

71064,01420, 574

3,1203,020

991,0401,629

2 14, 3683.18

3, 880. 192

5,102.8

3,363.8584.5

551.9602.7

-17.4

5, 126. 4

1.483.9

5,041.02, 042. 5

100.4

900.1721.9361.5

48.7143.3445.6

980.1265.2103.5611.4

2,028.22.5

217.4

.116

.239

26.51.86.2

102.926.8

.111

vailable bpdrogen r

39,64624, 54414,3157,714

748

78, 71259, 04619, 5027,338

221

4,882

6.0687.529

765,2741,734

3,6993,553

1461,131

100

1,1073.21

324.492

420.0

278.247.4

46.448.0

9.3

410.3

.17.6

402.6171.0

7.3

58.254.531.1

4.119.233.3

1 014 5262.5104. 3647.7

174.3.4

194.3

.110

.232

2.2.3

5.4

7.429.9

.111

y monthefinery i

41,74225, 22615, 3988,092

1,074

83, 54562, 32820, 9968,376

221

5,496

6.3427.836

695,5521,795

3,4303,309

1211,225

123

1,2173.21

325.890

429.5

284.850.1

47.846.8

5.5

422.6

.27.0

415.5177.2

7.1

62.458.628.1

4.616.739.1

1, 020. 0264.3104.3651.5

177.1.3

195.0

.110

.233

2.3.2

5.6

7.630.6

.111

s.nput," i

42, 42225,73515,5297,769

1,122

83, 32263,43321, 0188,807

211

5,751

6.4708.086

635,3331,827

3,3203,202

1191,237

146

1,0803.21

321.692

421.6

279.649.4

47.545.0

-4.7

426.0

.26.8

419.0163.6

9.3

82.955.529.5

3.79.8

43.0

1, 015. 3264.8101.4649.1

175.3.1

208.4

.118

.239

2.2.1

5.8

8.029.4

.111

lot

47, 19828, 95716, 8378,154

1,390

80, 48260, 59719, 7018,962

184

4,843

6.5148,207

815,5701,881

3,1203,020

991,040

164

2,0803.21

342.594

465.4

294.852.0

53.165.6

-33.2

499.4

.17.0

492.3174.512.6

112.077.133.1

3.96.7

48.1

980.1265.2103.5611.4

182.1.3

217.4

.118

.240

2.1.2

6.2

9.826.8

.111

shown9 In§Inc

48, 26830, 16716,3677,772

1,734

52, 768

7,712

3,984

6.5268.393

695,3321,856

3,0322,946

861, 187

89

1,0283.21

336.993

463.8

293.551.0

47.771.6

-52.3

518.5

.16.7

511.7164.016.6

127.289.728.8

4.14.4

54.8

927.9267.1105.4555.4

176.5.1

231.9

.113

".229

1.40)6.3

10.220.4

.111

separateeludes dsludes no

42,41626, 12115, 0607,356

1,235

49, 944

7,796

4,343

6.9268.529

615,0691,643

3,0342,969

651,173

152

1,1533.21

304.893

430.2

267.747.7

44.370.5

-20.8

450.2

7.2443.0151.011.7

96.882.228.7

3.44.7

41.6

907.1269.6104.3533. 2

157.0.2

238.8

.113

«.237

1.3.2

5.9

9.118.0

.111

ly.ita not shnmarkete

44,06726, 66816, 5028,582

894

49, 549

8,390

5,309

7.0378.529

645,9781,696

3,0883,025

631,077

141

1,0413.21

335.993

470.5

294.552.3

50.373.3

-1.0

472.4

.17.2

465.1173.4

8.9

95.887.328.2

4.16.3

38.9

906.2274.6107.8523.7

173.4.2

240.8

.110

".256

1.6.1

5.6

9.518.5

.111

own sepible catal

40, 76124, 17016, 1138,354

450

52, 060

8,678

6,057

7.7588.864

635,8071,834

3,1003,043

551,132

212

9253.21

318.491

436.8

287.650.0

38.161.1

17.3

419.4

.17.6

411.7171.3

5.4

74.263.627.2

4.410.032.2

923.4278.0112.5532.9

164.3.1

235.7

.110

'.248

1.6.1

5.4

7.520.8

.111

irately,yst coke

40, 46124, 11815, 8538,626

450

55, 619

9,093

6,059

7,8198.950

595,9661,728

3,1213,063

58966195

1,0473.21

324.087

436.3

295.251.8

40.748.5

28.1

407.1

7.8399.3183.6

5.0

60.351.327.7

4.014.329.0

951.6284.8115.0551.8

172.5.1

226.4

.133

" .249

1.6.1

5.1

7.022.9

.118

41, 14225, 62515, 0588,315

420

57, 383

9,235

7,210

8.2249.193

725,7491,929

2,9542,907

47966149

1,1423.21

326.290

430.9

280.751.0

44.155.1

16.3

415.0

.37.5

407.3187.4

4.3

52.658.228.1

4.718.829.8

967.9279.9115.5572.5

173.8.1

214.9

.115

".256

1.3.1

4.7

7.426.3

.120

r 44, 23327, 522

r 16, 241'7,966

430

54, 825

6,517

6,269

695,4421,929

3,0062,952

541,038

244

1,129

335.590

436.4

284.951.9

42.057.6

3.1

432.6

.18.3

424.3195.2

5.0

50.359.232.5

4.221.331.9

971.0266.9113.8590.4

180.6.2

201.9

" .238

2.0.1

5.1

6.327.7

45,29928, 45716,2447,928

560

55, 654

6,719

5,532

655,368

2,9632,914

49

268

912

341.7

441.9

296.252.4

39.054.3

11.8

427.2

(l)6.4

420.8190.4

4.8

52.961.230.8

4.020.632 2

982.8254.1113.1615.6

".230

6,520

665.425

3,0573,019

37

286

1,124

".246

1

S-36 SUKVEY OF CUKRENT BUSINESS November 19TO


1968 1969

Annual

1969


1970


PETROLEUM, COAL, AND PRODUCTS—Continued

PETROLEUM AND PRODUCTS— Continued

Refined petroleum products— ContinuedDistillate fuel oil:

Production mil. bblImports doExports doStocks, end of period doPrice, wholesale (N.Y. Harbor, No. 2 fuel)

$ per galResidual fuel oil:

Production mil. bblImports doExports doStocks end of period doPrice wholesale (Okla., No. 6) $ per bbl

Jet fuelProduction mil. bblStocks, end of period do

Lubricants:Production . doExports doStocks end of period doPrice, wholesale, bright stock (midcontinent,

f.o.b., Tulsa)... _ $ per gal

Asphalt:Production mil. bblStocks end of period do

Liquefied gases (inch ethane and ethylene):Production total mil. bbl

At gas processing plants (L.P.G.) doAt refineries (L R G ) do

Stocks (at plants and refineries) do

Asphalt and tar products, shipments:Asphalt roofing total thous squares

Roll roofing and cap sheet doShingles, all types do

Asphalt siding doInsulated siding. doSaturated felts thous sh tons

840.748.11.5

173. 2

.103

275.8409.920.067.41.40

314.924.3

65.718.014.0

.270

135.520.1

469.3351.3118.176.2

78 04531 09946 946

418411875

848.450.91.3

171.7

101

265 9461 616.958.41 48

321.728.1

65.116 414.1

.270

135 716.8

502.0378.5123 559.6

r 84 430r 34 707r 49, 723

r417346' 920

68.93.5.1

197.7

.101

19 535.11.0

65 61 45

25.128.9

6.41.5

12.7

.270

15.116.1

40.730.410.383.6

9 063 73 641 75422 0

'4327

r 87

70.52.3.1

208.0

.101

19.539.01.6

64.21.45

26.329.3

5.71 2

12.5

.270

13.513.2

42.832.610.279.9

'9,052.7'3,713.3'5,339.4

r 5450

'86

72.53.4.1

201.0

.101

21.433.81.6

62.71.45

25.629.5

5.81.1

13.6

.270

10.414.0

42.332.49.9

71.5

'7,215.6'3,219.6'3,995.9

' 4723

' 74

76.95.9.1

171.7

.101

24.151.2

.858 41 45

27.728.1

5.71.4

14.1

.270

9.016.8

44.734.510.259.6

'5 576.2'2,632.9'2,943.3

'2919

' 69

79.56.7

(2)

130.7

.101

26.056.01.5

49 51.65

23.927.1

5.51.3

14.3

.270

6.819.5

44.633.910.742.4

3 3871 7081,679

207

51

71.95.7.1

111.5

.101

23.956.52.1

46 12.00

24.026.4

4.71.1

14.5

.270

6.721.6

41.931.610 337.0

3 4471 5661,882

161345

77.77.6.1

101.0

.101

23.658.51.1

40 32.00

26.427.2

5.51 7

14.1

.270

9.324.8

45.334.810 637.6

5 1432 3502,793

202461

70.84.6.1

102.1

.101

19.847.31.4

42.82 00

24.529.2

5.41.3

13.8

.270

10.825.8

43.332.910 543.5

6 3402 6623 679

252273

70.83.4.1

115.8

.108

17 736.81.8

44 72 00

23.729.4-

5.61.3

14.1

.270

13.024.9

44.934.110.854.6

7 8952 9244 970

203175

72.31.9

(2)137.5

.110

17.043.61.3

46.02.00

24.930.9

5.31.2

13.6

.270

14.521.3

43.633.010.663.2

8 5043,3775,127

233978

73.52.8

2163.5

17.744.71.7

47.9

28.930.0

5.51.7

13.3

16.117.3

44.633.311.270.0

8 7923 5625 230

293984

8 3843 5114,874

213582

8,5853,5325,053

183776

PULP, PAPER, AND PAPER PRODUCTS

PULPWOOD AND WASTE PAPER

Pulpwood:Receipts thous cords (128 cu ft )Consumption doStocks, end of period. do

Waste paper:Consumption.. _ thous. sh tonsStocks, end of period. do

WOODPULPProduction:

Total, all grades thous sh tonsDissolving and special alpha doSulfate doSulflte _ do

Groundwood doDefibrated or exploded doSoda, semichem., screenings etc do

Stocks, end of period:Total, all mills do

Pulp mills. _. doPaper and board mills doNonpaper mills.. do

Exports, all grades, total doDissolving and special alpha doAll other do

Imports, all grades, total doDissolving and special alpha. . . doAll other do

PAPER AND PAPER PRODUCTS

Paper and board:Production (Bu. of the Census) :

All grades, total, unadjusted thous. sh tonsPaper... doPaper board.. doWet-machine board doConstruction paper and board do

New orders (American Paper Institute):All grades, paper and board. do

Wholesale price indexes:Printing paper 1957-59 = 100Book paper, A grade doPaperboard doBuilding paper and board do

i 59 0411 59' 788

5,676

10 285586

i 39 400'1 679

i 25 505i 2, 431

i 4 470i 1 625i 3 690

870358426

86

1,902671

1,231

3,540302

3 238

50 70322 09124 267

1554 190

50, 207

101.4119.691.192.7

62 27662 8134,788

10 441608

41 0571 701

27 6282,337

4 2411 5853 564

79623046999

12 1031744

1 1, 359

14,0401298

13 743

53 48823 46025 561

1334 333

53 754

102.7122 994 497! 1

5 5805 1794 241

883586

3 379133

2 280191

345132297

78029341870

1486880

32022

299

4,3671 9272 047

11382

4,453

102.7123 295 995.' 1

5 8245 5474,537

908608

3 647150

2 482210

368131306

787284431

72

19160

132

40030

370

4 7112 0742 228

12397

4 709

102.7123 295 994'. 6

5 2555,4274,521

818598

3 594141

2,456192

359135310

83932144077

18263

119

35624

332

4,4551 9582 150

H336

4 413

102.7126.496.094.4

5 2745 0254,788

780608

3 263131

2 180197

341128286

79623046999

22072

148

35835

323

4 2531 8852 046

g314

4 238

102.7126 496 093^9

5 0445 4494,432

838569

3 560154

2 422194

359127303

812294440

79

20063

137

30424

280

4 5862 0362 237

10304

»4 532

126 496 093.4

5 2735 1774 397

805572

3 425139

2 332187

353129284

811284457

76

20470

134

29421

273

4 2641 8932*057

9304

127 597 193*. 0

5 8135 5934,715

868569

3 587145

2 445201

362131303

82327547474

22480

145

34825

323

4 5322 0472 142

11332

127 597 092^9

5 6115 5364,811

872563

3 579142

2 431208

366134298

83229945974

25481

173

30424

280

4 6242 0532 198

14359

127 597 093^4

5 4495 5484,745

832552

3 624'l60

2 447203

374134305

86834845071

24350

193

29623

273

4 4691 9442 160

12353

127 596 793.3

5 5915 4784 892

854556

3 475120

2 371203

357133291

86734045968

26996

173

30915

293

4 3771 8982 103

15361

127.595 593.3

5 5315 2515,193

'743r 591

3 352140

2 268181

359134269

r 919359

'49070

27365

208

29213

280

'4 124' 1 790r i 956

' I9

r 366

5 5655,4395,417

829564

3 547144

2 409194

378135286

90437646067

32580

245

27021

249

*>4 330P i gg2p 2 074

p 14v 360

5,5375,1475,813

830576

3 304128

2,246177

348131275

82232642967

24752

195

25630

226

*>4087P i 763P 1*953

v 17P354

'Revised. »Preliminary. i Reported annual total; revisions not allocated to the months,barrels.

2 Less than 50 thousand


Unless otherwise stated in footnotes below, datathrough 1968 and descriptive notes are as shownIn the 1969 edition of BUSINESS STATISTICS

1968 1969

Annual

1969


1970


PULP, PAPER, AND PAPER PRODUCTS—Continued

PAPER AND PAPER PRODUCTS— Con.

>elected types of paper (API) :JGroundwood paper, uncoated:

Orders new thous. sh. tonsOrders unfilled, end of period doShipments do

Coated paper:Orders new . doOrders unfilled end of period doShipments - do

Book paper, uncoated:Orders new doShipments _ . _ do

Writing and related" papers:Orders new doShipments -- do

Unbleached kraft packaging and industrial con-verting papers:

Orders new doOrders unfilled end of period doShipments do_. -

Tissue paper production do

Newsprint:Canada:

Production doShipments from mills - doStocks at mills end of period do

United States:Production doShipments from mills do _Stocks at mills end of period do

Consumption by publishers^1 doStocks at and in transit to publishers, end of

period thous. sh. tons

Imports doPrice, rolls, contract, f.o.b. mill, freight allowed

or delivered $ per sh ton

'aperboard (American Paper Institute):Orders, new (weekly avg.) thous. sh. tons__Orders unfilled § do _Production, total (weekly avg.) - do

>aper products:Shipping containers, corrugated and solid fiber,

shipments mil. sq. ft. surf. area._

Folding paper boxes * thous sh tonsmil $

8,0318,096

203

2,9352,946

27

7,025

633

6,462

141.40

454869480

173, 814

2, 575. 01, 162. 0

1,171107

1,123

3,230200

3,313

2,5152,587

2,9512,899

3,922189

3,8653,588

8,7588,741

220

3,2323,233

27

7,344

699

6,790

146. 10

479939510

185, 536

2, 627. 01, 229. 0

8310891

266226272

197210

236242

316192328304

706725343

255257

82

606

676

606

146. 10

506963489

16, 725

226.1107.9

105102104

289239294

230229

268262

323181320320

794804333

28829158

666

686

614

146. 10

5421,004

524

17, 959

243.8115.6

11412294

242223269

202214

238239

297173317310

760808285

27929046

682

665

571

146. 10

526965523

14, 321

206.498.0

9410791

245200275

196217

233234

344189319298

730795220

25527527

631

699

625

146. 10

479939554

14, 535

232.4109.0

949793

287232278

222231

242247

337195328308

749659310

27926145

563

737

545

150. 50

509975522

14, 469

210 2101.3

9210289

269244254

195211

210224

312199318290

692646357

258247

55

539

743

497

150.50

521855521

14, 152

195 195.2

11411796

285244288

218228

239248

344187355305

750704402

27327851

617

710

568

150. 50

515805514

15, 233

223.7108.7

9311993

277229282

212223

247243

307140325313

752701452

27427451

624

704

563

150. 50

497770508

15, 370

208.1100.8

104115101

256219270

212218

241244

289110309314

715716451

29027765

643

654

535

150. 50

512749511

15,021

198.898.1

'94'94' 102

'261'222'266

'212'217

'236'236

'306' 121'294

312

671734388

28928569

582

683

541

150. 50

493691502

15, 569

' 208. 1' 103. 6

10610690

251219254

192194

214224

281111286

'304

698673412

27226675

544

693

539

451723436

15, 147

' 201. 8' 100. 0

p86p81

P105

P259P214p270

P208P211

P233*>236

P327v 131p309p317

694670436

28927787

559

712

484

492711489

15,394

' 201. 4'100.6

649683402

243258

72

581

708

544

467732454

15, 862

p 211. 3P 103. 8

490748494

RUBBER AND RUBBER PRODUCTS

RUBBER

Natural rubber:Consumption thous. Ig. tonsStocks end of period doImports incl latex and guayule do

Price, wholesale, smoked sheets (N.Y.)__$ per lb_.

Synthetic rubber:Production thous Ig tonsConsumption _ doStocks, end of period do

Exports (Bu. of Census) do

Reclaimed rubber:Production doConsumption doStocks, end of period do

TIRES AND TUBES

Pneumatic casings, automotive:Production . thous

Shipments, total doOriginal equipment doReplacement equipment doExports. do

Stocks , end of period doExports (Bu. of Census) do

Inner tubes, automotive:Production. _ . _ doShipments doStocks, end of period _ doExports (Bu. of Census) do .

581. 86107. 76540. 17

.198

2,131.101 1,896.15368. 16

291. 03

257. 22250. 4329.58

2203, 0602 199,1552 58 392

2 137 56223,202

42, 1282,518

43, 79143 95711, 8281,390

« 598. 27106.49585 28

.262

"2,250.19°2,024.06"441 03

226. 49

0 238 92a 231 77

29 27

207, 8262 204, 7772 55 704

2146 6502 2, 423

49, 1522,364

41, 6572 44 860

11,1911,098

52.44107. 4149 49

.279

190. 23178.46423. 78

21.68

19 3218 8731.15

17, 752

19, 4945 519

13, 718258

43, 386322

3,5763,826

11,171111

55.56104 49

59 45

.265

200.93190.80417 14

24 44

21 3521 9731 32

19 151

20 3905 836

14 249305

42 331298

3,9134 361

11 02083

48.26103.0649 26

.250

187.86164.98424. 39

20.32

17 4216 9931.08

16, 738

14, 4074 7509 519

138

44 898187

3 2633 324

11 12579

49.93106.4950 51

.238

198.64168.65441.03

23 11

17 9418 5829 27

17, 789

13 7464 0419 505

200

49 152166

3 0733 172

11 19183

49.98104. 9159 03

.255

193. 11169. 07434. 37

23.36

18 7717 5430.46

18, 174

138954 1509 625

120

53 750156

3 3843 971

10 81184

48.2798 5844 05

.251

178. 91166. 69436 75

23 68

18 3817 4930 51

17 522

14 5193 681

10 651187

57 10590

2 9183 371

10 75467

50.0295. 1456 82

.223

186. 76177. 35433 30

22 27

18 4819 0328.42

17 606

18 9084 403

14' 320' 185

56 400150

3 3363 783

10 393111

48.1196 4245 66

.221

178 68170 39422 36

26.14

17 4517 3427 28

17 216

19 5594 507

14 877'l75

54 620114

3 2783 666

lo' 22271

35.8398 3142 10

.218

182 24129 16457 52

25 25

13 2613 6727 87

12 642

18 2864*912

13 201'l73

49 670119

2 0603 0249 680

85

43.9389 6941 64

.216

179. 64156. 68455 57

27.25

15 4615 5826 63

15 658

20 8625 628

15 077'l56

45 1%133

2 7653 6789' 111

85

' 42. 84' 92. 36

37 78

.201

' 181.33150.50

' 464.65

23.24

' 17. 55' 15 65'26 62

15 466

15 3672 346

12 906114

45 978'l07

3 1273 390q' 952

99

43.6594.6933 73

.195

187. 03151. 58479. 00

23.28

17.2115.6626.81

14, 657

15, 2863 296

11 871119

45 758125

2 6543 2058 934

71

46 60

.191

22.06

116

60

.183

•• Revised. p Preliminary. 1 Revisions for Jan.-Aug. 1968 for synthetic rubberconsumption are as follows (thous. Ig. tons): 162.96; 154.29; 162.07; 155.85; 162.67; 153.44; 135.82;154.33. 2 Annual total includes revisions not distributed to the months.

JData have been regrouped by the American Paper Institute; details and available earlierdata appear in their April 1970 Monthly Statistical Summary.

d* As reported by publishers accounting for about 75 percent of total newsprint consumption.§ Monthly data are averages for the 4-week period ending on Saturday nearest the end of the

month; annual data are as of Dec. 31.*New series. Monthly data are available back to 1955.a Revisions for Jan.- May 1969 will be shown later.



1968 1969

Annual

1969


1970


STONE, CLAY, AND GLASS PRODUCTS

PORTLAND CEMENT

Shipments, finished cement thous. bbl

CLAY CONSTRUCTION PRODUCTS

Shipments:

mil. standard brickStructural tile, except facing thous. sh. tonsSewer pipe and fittings, vitrified do -Facing tile (hollow), glazed and unglazed

mil. brick equivalentFloor and wall tile and accessories, glazed and un-

glazed mil sq. ftPrice index, brick (common), f.o.b. plant or

N.Y. dock 1957-59=100-.

GLASS AND GLASS PRODUCTS

Flat glass, mfrs.' shipments thous. $

Sheet (window) glass, shipments doPlate and other flat glass, shipments do

Glass containers:Production thous gross

Shipments, domestic, total do .General-use food:

Narrow-neck food doWide-mouth food (incl. packers' tumblers,

jelly glasses and fruit jars) thous gross

Beverage doBeer bottles doLiquor and wine . do

Medicinal and toilet doChemical, household and industrial doDairy products do

Stocks, end of period do

GYPSUM AND PRODUCTS (QTRLY)

Crude gypsum, total:Imports _ _ thous. sh. tonsProduction _ do ..

Calcined, production, total do _ _ _

Gypsum products sold or used, total:Uncalcined uses doIndustrial uses.. . doBuilding uses:

Plasters:Base-coat _ doAll other (incl. Keene's cement) do ._

Lath _._ . . _ mil. sq. f t -_Wallboard doAll other _ do

1 397, 448

7, 556. 8192.5

1, 705. 5

220.6

274.5

117.1

387 469

139 391248, 078

m

(«)

(«)

(t\

(8)(8)(«)

(«)(6)(6)

23 gig

5,45410 018

8 844

4 935301

536778

9998 283

269

1409 564

7, 289. 7241.5

1, 783. 5

209.0

284.8

122.3

416 870

150 123266, 747

r260 967

"251,050

•• 24, 232

57 g->g

r 56 23251 086

f 20 677

35 916r 4 496

583

r 30 260

5 8589 881

9 324

4 681316

473702917

9 090275

43 086

654. 618.2

177.8

17.8

23.8

123.2

98, 425

36. 38562, 040

r'2l 453

'22.816

>• 2 827

5 333r 4 599

4 747T 1 872

3 020r 370

48r29 367

1 8762 697

2 407

1 31877

124195

2352 359

70

43 585

686.320.4

167.6

19.4

25 0

123.2

r99 (J60

r20 698

r 1, 922

5 361r 4 193

3' 9°?r 1 888

3 938r 400

44

r3i 353

31 249

529.618.8

136.0

15.4

20.5

123.5

r20 650

'18.613

' 1,559

4 595

'4 1703 434

r 1,633

2 884r 090

46r33 144

25 984

453.917.1

118.6

16.6

21.3

123.5

108, 303

37 18071, 123

r!9 530r22 230

'1,742

5 095r 6 072

4 073r 1, 739

3 075r 384

50r30 260

1 4972 448

2 218

1 16278

105163

2122 213

59

16, 932

300.415.991.9

11.5

19.2

124.8

20 824

17, 913

1,705

4 372

3 9903 1921 524

2 84325433

33 032

20 039

385.614.896.3

10.7

19.4

124.8

20 300

18, 570

1,877

4 331

4 2213 4991, 479

2 80632928

34 381

25, 722

543. 317.7

142.2

12.8

22.8

125.4

88, 765

29, 04059,725

21 9^7

24, 705

2,014

5 141

6,3425,4152,097

3, 23742831

31 313

1,2062,181

2 000

70276

108140

1841 899

46

32, 912

574.817.7

134.4

16.2

22.2

126.5

22 555

20, 110

1,927

4 200

4 8394 4071,685

2 70532027

33 540

36, 385

579.417.5

138.4

10.6

20,5

127.0

23 293

21,411

1,963

4 140

5 9564 9881,505

2 545285

29

35 204

39, 699

617.020.1

153.5

15.1

22.8

127.0

90, 633

31, 09259, 541

23 033

23, 798

2,043

4 731

6 9095,2051,699

2 86432225

34 016

1 3962,524

2 238

1, 28486

106154

1872 258

64

42, 284

r 629. 417.8

r 161. 2r 16.4

22.2

29 589

22, 051

1,847

4 689

6 5324 9221 303

2 459273

26

34 404

41, 630

615.915.9

153.4

14.8

21.1

^24 910

r 23, 848

'2,718

5 293

6 3234 7741,670

r 2, 74529431

'35 178

38 158

21 857

24, 358

2,863

5 600

5 9444 4981 951

3 14031943

32 504

TEXTILE PRODUCTS

WOVEN FABRICS

Woven fabrics (gray goods), weaving mills :}Production, total 9 . . mil linear yd

Cotton doManmade fiber __ _ do

Stocks, total, end of period 9 cf doCotton ._ doManmade fiber do

Orders, unfilled, total, end of period 9 \ doCotton doManmade fiber do

COTTON

Cotton (excluding linters):Production:

GinningsA thous. running balesCrop estimate, equivalent 500-lb. bales

thous. balesConsumption _ . doStocks in the United States, total, end of period

thous balesDomestic cotton, total ... do

On farms and in transit doPublic storage and compresses doConsuming establishments.-. do

Foreign cotton, total do

12 6937 4085 052

1 366739611

3 0981 6271,384

10, 917

10, 9488 568

12 97812 9261 5489 8071 571

52

12 9067 1595 546

1 404659730

2 7791 5351 165

9 944

10 0148 294

12 26512 2481 3239 6531 272

17

965533419

1 376674689

2 9021 4961 333

1 606

634

14 85714* 8349 0134 5°61 294

23

21 2312 6722 544

1 343663668

2 8471 5001 275

5 789

2 gio

13 90113 8795 3107 526l'o43

21

979543423

1 335639682

2 8381 4981 265

8 385

646

13 14713 1292 9529 0791 098

19

21 1752*6502 509

1 404659730

2 7791 5351 165

3 9 H6

2 717

12 26512' 2481 3239 653l' 272

17

948522410

1 401655729

2 6791 4831 112

4 9 821

635

11 25911 2431 0758 8321 336

1fi

958527414

1 417658743

2 6201 4511 090

626

10 39410' 303

8667 9771 460

91

21 1912 6322 538

1 389622749

2 5101 3961 047

59 944

s 10 0142 780

9 3129 294

7167 0081 569

19

910491404

1 389' 606765

2 482l'3931 026

616

8 4058 383

6306 1601 592

23

924502406

1 409594799

2 5921 4381 030

609

7 5067 486

5855 3631 538

20

21 02825282482

1 429584830

2 4601 425

983

2730

6 5176 498

4174 6211 460

19

791459392

T 1 441587

r 838

r 2 5141 481r 984

6

532

5 7605 733

3603 969

1 41127

901502388

1 454592846

2 4381 441

954

280

r 593

15 789is' 77310 875r 3 631' 1 263

15

1 1^2

2 760

14 89514, 8099, 9003 8671 042

16

4,165

7 10, 429

r Revised. 1 Reported annual total; revisions not allocated to the months.cover 5 weeks; other months, 4 weeks. 3 Ginnings to Dec. 13. * Ginnings to Jan. 16.Ii?r?p

Jfor the year 1969' 6 Data not available owing to lack of complete reports fromt +™F^ry. A

7 Nov, 1 estimate of 1970 crop. 9 Includes data not shown separately.{Effective Aug. 1969 SURVEY, data (1964-Apr. 1969) reflect adjustments to new bench-

marks; see Bureau of Census reports: Woven Fabrics (1964-68), Series M22A-Supplementand (Jan.-Apr. 1969), M22A (69) 1-4 Supplement.

cfStocks (owned by weaving mills and billed and held for others) exclude bedsheeting,toweling, and blanketing, and billed and held stocks of denims.

^Unfilled orders cover wool apparel (including polyester-wool) finished fabrics; productionand stocks exclude figures for such finished fabrics. Orders also exclude bedsheeting, toweling,and blanketing.

ATotal ginnings to end of month indicated, except as noted.



1968 1969

Annual

1969


1970


TEXTILE PRODUCTS—ContinuedCOTTON— Continued

3otton (excluding linters)— ContinuedExports thous. bales-Imports do

Price (farm), American upland cents per lb.__Price, middling 1", avg. 12 markets do

COTTON MANUFACTURESSpindle activity (cotton system spindles) :

Active spindles, last working day, total mil._Consuming 100 percent cotton _ _ _ do

Spindle hours operated, all fibers, total bilAverage per working day do

Consuming 100 percent cotton do

Cotton yarn, price, 36/2, combed, knit $ per l b _ _Cotton cloth:

Cotton broadwoven goods over 12" in width:Production (qtrly.) mil. lin. yd-.

Orders, unfilled, end of period, as compared withavg. weekly production No. weeks' prod

Inventories, end of period, as compared withavg. weekly production -.No. weeks' prod--

Ratio of stocks to unfilled orders (at cottonmills), end of period, seasonally adjusted..

Exports, raw cotton equiv. thous. balesImports, raw cotton equiv _ do

Mill margins:Carded yarn cloth average cents perlb..Combed yarn cloth average do _Blends (65% polyester-35% cotton) do

Prices, wholesale:Print cloth, 39 inch, 68 x 72__. cents per yard--Sheeting, class B, 40-inch, 48 x 44-48 do

MANMADE FIBERS AND MANUFACTURESFiber production, qtrly. total mil. Ib

Filament varn (rayon and acetate) doStaple, incl. tow (rayon)__ doNoncellulosic, except textile glass:

Yarn and monofllaments doStaple, incl. tow __ _ do

Textile glass fiber do

Exports: Yarns and monofllaments thous. lb_.Staple, tow, and tops do._-

Imports: Yarns and monofilaments doStaple, tow, and tops do

Stocks, producers', end of period:Filament yarn (rayon and acetate) mil. lb_.Staple, incl. tow (rayon).,. _._doNoncellulosic fiber, except textile glass:

Yarn and monofllaments doStaple, incl. tow _ _ _ d o

Textile glass fiber do

Prices, manmade fibers, f.o.b. producing plant:Staple: Polyester, 1.5 denier._ $perlb—Yarn: Rayon (viscose), 150 denier do

Acrylic (spun), knitting, 2/20, 3-6D..doManmade fiber and silk broadwoven fabrics:

Production (qtrly.), total 9 mil. lin. yd--Filament yarn (1009^) fabrics 9 do

Chiefly rayon and/or acetate fabrics doChiefly nylon fabrics... _ do

Spun yarn (100%) fab., exc. blanketing 9 ..doRayon and/or acetate fabrics and blends

do....Polyester blends with cotton do

Filament and spun yarn fabrics (combinationsand mixtures) mil. lin. yd...

WOOLWool consumption, mill (clean basis) :

Apparel class . ._ .mil. IbCarpet class _._do

Wool imports, clean yield.. _._ do .Duty-free (carpet class) do

Wool prices, raw, clean basis, Boston:Good French combing and staple:

Graded territory, fine. $ per lb..Graded fleece, H blood do

Australian, 64s, 70s, good topmaktng. do

WOOL MANUFACTURESKnitting yarn, worsted, 2/20s-50s/56s, American

system, wholesale price 1957-59—100Wool broadwoven goods, "exc. felts:

Production (qtrly.) mil. lin ydPrice (wholesale), suiting, flannel, men's and

boys', f.o.b. mill 1957-59=100

3,87095

122.0»22.9

20.013.1

128.0.49385.9

1.049

7,476

13.8

5.3

.40

256.0559.6

37.738 93. 25

64.40

17.318.6

5, 159. 5805.2739.1

1, 662. 11, 550. 4

402.7

96, 390108, 253

8 59, 303217, 707

59.459.0

194.3210.947.3

.61

.851.42

5, 203. 61 737 2

779.88 347. 8

2, 749. 4

678.01 751 9

482.9

238.391.4

249.4119.6

1.207.840

1.180

91 0

243.3

100.9

2,39746

7 20. 8122.2

19.612 4

125.6.47680.9

1.027

6,965

15.0

6.0

.42

' 330. 5573.4

43.27< 108. 02

59.16

18.7

5, 520.2774.4758.8

1, 766. 91, 718. 7

501.4

100, 539127, 48441, 063

159, 404

78.475.6

259.8247.670.6

.61

.89

5, 396. 91 690 7' 776! 4s 345. 0

2, 953. 7

629.81 885 7

517.0

219.093.8

189.295.7

1.221.862

1.174

92 6

228 2

102.6

1414

19.421.4

19 712 79 64896. 1

1.027

1,608

12.7

5.4

.41

26.345.2

44.03107. 6059.52

19.0

1,403. 4195.8189.1

445.3443.3129.9

8,77411, 1222,979

12 989

80.556. 2

263.2249.2

56.9

.6189

1.42

1, 257. 3OQK f\

179.382.6

681.2

143.8401 c

124.6

14 27 7

12 37.1

1.220.850

1.195

92 3

48 1

103.0

16713

21.721.7

19.712 6

2 12 1.48327.7

1.027

12 8

5.4

.42

'29 643.2

44.06107. 4660.36

19.019.3

9,23011 7991 003

13 997

6189

1.41

' 19 52 9.8

7 54.2

1.218.850

1.175

92 3

103.0

1236

21.421.9

19.712 69 5

.4756.0

1.024

13 1

5.1

39

39 148 9

43.96107. 8760.71

18.5

8,88711 6364 533

12 227

6189

1.41

14 76 7

17 59.3

1.210.890

1.089

92 6

103.0

176I

20.022.0

19.612 4

2 10 6.42426.7

1.024

1,723

15.0

6.0

.42

34.944.0

43.92109. 0161.02

18.519.0

1,368.6183.9187.5

435. 1422.1140.0

8,71013,0195,8728 726

78.475.6

259.8247.670.6

.61

891. 41

1,341.2491 n198.578.9

726.9

130.5478 fi

134.3

2 16 127.316 47.2

1.198.890

1.075

92 5

45 7

103.0

3823

19.122.0

19 612 49 44705 9

1.021

13 0

5 6

43

28 252 7

43.92108 8161 11

18 519 3

9 86113 7625 031

16 317

6189

1.41

16 05 8

12 95.8

1.185.884

« 1. 034

92 5

103.0

325g

20.222.1

19.512 29 34665.8

1.021

12 7

5 5

45

23 i4Q Q

43.86108 0060 43

17 8

12 69213 6656 755

14 705

61on

1.41

e 7

6 1

1.185.865

« 1. 014

92 6

103.0

2464

20.722.2

19 512 2

2 11 5459

27 2

1.014

' 1, 654

12 8

5.5

44

29 152 0

43.79106 81

17 8

1 379 6' 181 7171 7

446 3452 0127 9

15 564ifi 1138 751

1 ̂ 779

80 692 0

258.4251 378.4

fti

1.42

' 1,339.2406.5186.176.0

743.1

124.2502.1

133.5

2 18.82 7. 218.06 4

1.110.865

« 1. 010

92 9

58 4

103.0

3087

21.422.4

19 312 18 94475 6

1.008

13 2

5.5

.43

28 040.7

43.65105.11

9 15.8

12 52314 273g' g74

19 48^

61

.891.42

15.65. 8

12.34 7

1.081.865

« 1. 019

93 0

103.0

2992

22.122.6

19 111 99 04515.6

1.008

13.3

5.4

.41

25.052.0

43.41101. 65

fl 15.8

15 21212 9809 085

12 028

fil

.891.42

14.16.6

11.34 3

1.070.880

8 1. 025

93 7

103.0

2692

22.322.8

19 111 9

210 6422

2 6 5

1.005

1,560

15 7

6.0

.37

21.242 1

43.3399.07

9 15.8

1, 334. 4179.5141.2

441.7447.9124.1

16, 94212, 10611,96611, 168

84.590.3

280.6254.187.7

.61

.891.42

1, 296. 3382.0171.870 1

737.7

104.1511.0

122 1

2 16.32 6. 817.07 8

1.055.880

8 1. 020

94 7

54 5

103.0

1862

22.623.0

19.112 07 8

.3884.8

14.9

5.6

.38

19.352.5

43.1198.78

11, 08314, 19715, 42411 425

9.85. 0

13. 75 8

1.025.880

6.982

841

22.623.0

»• 19.011 9' 8 6

•• 4315.3

13 1

5.1

.38

16.537.2

42.98

11, 64711, 88013, 8369,310

' 10, 806r 7, 530

14. 79 2

1.025.880

8.952

89Q

21.923.0

18.811 8

2 10 6.4222 6 . 6

13.4

5.0

.36

18 637.9

43.29

10, 6909,659

13, 19811 658

2 13, 2232 8, 825

11. 27 6

.953

.8808 .854

22.823.0

43.53

.925

.8878.760

f Revised. 1 Season average. 2 For 5 weeks; other months, 4 weeks. 3 Averagefor 6 months, July-Dec. 4 Beginning 1969, the average omits two cloths previously in-cluded. « Revised total; revisions not distributed by months. 6 Beginning Jan. 1970,quotation refers to Australian wool, 64's, Type 62; comparable prices prior to 1970 are not avail-

able. 7 Season average through Apr. 1970 for all cotton. 8 Omits quantities of chieflynylon combination fabrics. 9 Beginning Apr. 1970, average is for cloth 38^-inch. 64 x 56,5.50 yds./lb.; data not comparable with prices for periods prior to Apr. 1970

9 Includes data not shown separately.

S-40 SURVEY OF CURRENT BUSINESS November 197Q


1968 1969

Annual

1969


1970


TEXTILE PRODUCTS—Continued

APPAREL

Hosiery, shipments thous. doz. pairsMen's apparel, cuttings: f

Tailored garments:Suits thous. unitsCoats (separate) , dress and sport doTrousers (separate) dress and sport do

Shirts (woven), dress and sport thous dozWomen's, misses', juniors' apparel, cuttings: t

Coats thous unitsDresses doBlouses and shirts thous dozSkirts do

225, 588

20, 56414, 237

T166 542' 21 573r 22 279

'277 971' 15, 589

r 8, 050

r246 714

r 21 091' 14, 353

r!69 542f 21 125r 21 664

r266 856f 14 425

r 8, 443

r21 149

r 1,645r 1,042

••14 223r 1 791r 1 968

r21 297r 1 117

r 749

24 166

r 1 874r 1 374

r!4 281r 2 044r 2 299

r 23' 135r 1 540

' 792

20,306

r 1 697r 1,119

r!4 104r 1 868r 1 933

r!8 996r 1 305

r 549

17 631

r 1 395' 1 070

rll 538r 1 773

' 1 640r17 621r 1 096

••486

17 881

1 5401,036

13 7301 791

1 71219, 2591,220

643

18 511

1 489928

13 8901 985

1 52221 9121,357

558

19 267

1 6141 013

15 2991,972

1 20723 1621,348

683

18,900

1,5711,092

16 1402,005

99222 8941 293

571

18 477

1,5031,022

14 6941,867

1,19120, 0551,153

572

22, 403

1,267992

14 5781,993

1 54921, 7701,236

676

20, 972

'838'573

r!3 455r 1,517

1,474'18 261' 1, 097

'610

20, 161

1,213752

15, 0681,814

1,56918, 3981,037

501

20, 405V

TRANSPORTATION EQUIPMENT

AEROSPACE VEHICLES

Orders new (net), qtrly. total mil. $U S. Government do

Prime con tract. - doSales (net), receipts, or billings, Qtrly. total do

U S Government do

Backlog of orders, end of period 9 doU.S. Government do

Aircraft (complete) and parts doEngines (aircraft) and parts doMissiles, space vehicle systems, engines, propul-

sion units, and parts mil $Other related operations (conversions, modifica-

tions), products, services mil $

Aircraft (complete) :Shipments © do

Airframe weight © thous IbExports, commercial mil. $

MOTOR VEHICLES

Factory sales (from plants in U.S.), total thous..Domestic do

Passenger cars, total . do -.Domestic _ ._ .do

Trucks and buses, total doDomestic do

Retail sales, new passenger cars : *Total, not seasonally adjusted thous

Domestics A doImports A - do

Total, seasonally adjusted at annual rates milDomestics A -- doImports A- - - do

Retail inventories, new cars (domestics), end ofperiod: *A

Not seasonally adjusted thous .Seasonally adjusted do

Inventory-sales ratio, new cars (domestics)* Aratio..

Exports (Bureau of the Census):Passenger cars (new) , assembled thous

To Canada doTrucks and buses (new), assembled do

Imports (Bureau of the Census):Passenger cars (new) complete units do

From Canada, total doTrucks and buses complete units do

Truck trailers (complete) , shipments numberVans do

Trailer bodies and chassis (detachable), soldseparately number

Registrations (new vehicles) : OPassenger cars thous

Import cars doTrucks.. do

RAILROAD EQUIPMENT

Freight cars (ARCI & AAR):Shipments d*.- number

Equipment manufacturers doNew orders c?1 do

Equipment manufacturers doUnfilled orders, end of period cf do

Equipment manufacturers doFreight cars (revenue), class 1 railroads (AAR):§

Number owned, end of period thousHeld for repairs % of total owned

Capacity (carrying), aggregate, end of periodmil tons

Average per car ___ _ _ _ ._ _ . tons__

27,16816,57724,57525 59216, 635

30,74916,34316,6083,951

5,083

2834

4 355 176 202

1 403 1

10, 718. 210 172.28 822.28, 407. 1I 896 11, 765. 1

9,6568 6251 031

1,4491 525

330 46286 7892 03

1 620 45i 500 88i 114 65

113 92875 148

33 761

19 403 9i 935 g

11 775 6

56 26238 991

l 63 561* 49 391

31 74024 540

1 4585 2

93 8264'. 34

22 00514, 52119, 28924, 64816, 560

28 29714, 29815 6103,578

4 338

2 881

3,593 460 117

1 239.2

'10,146.9r 9, 587. 78, 223. 77, 806. 5

rl 923.2'1,781.2

9,5828 4641 118

1,4671 542

333 4*5292 11

3 103 23

1 846 72691 15146 01

138 34794 gos

33 332

9 446 ">1 061 61 888 8

68 45254 07284 34565 40146 75135 508

1 4385 6

94 3765^62

5 6994 1455,1865 7963 926

29 28415 12316 1603 988

4 282

2 799

198 73 76436 1

907.3849 9751 6706.5155 7143 3

80770998

10 09 01 i

1 3671 601

2 1

35 1331 397 45

148 6568 3711 90

11 9038 730

3 651

5 733 45 95 i

5 149 i

6 8814 8794 5044 021

45 13338 853

1 4415 5

94 1565.35

249 64 151107 4

'1,049.5r 996. 7

856.8815.6

' 192 7r 181.0

9248171079 88 61 2

1 4401 668

2.3

34 4728 308 87

177 6676 6113 94

12 3598 761

3 532

5 955 65 112 65 174 4

6,9725 1813 7823 148

42, 04336, 920

1 4405 5

94 2265.45

224 73 43871 6

' 856. 4r gog 6

682 1644 0

r 174 3r 164 5

79770691

9 38 11 2

1 4521 603

2 4

32 8427 927 48

154 0270 843 86

10 7687 754

3 727

s 757 55 93 6

s 146 8

6 2734 9418 2643 456

43 46035361

1 4405 5

94 3865.23

5 6163 7234 9496 6094 545

28 29714 29815 6103 578

4 338

2 881

342 65 464143 0

' 790. 6r 743 4

624 0588 8

r 166 7r 154 6

r 721

63983

9 07 81 2

1 4671 542

2 4

30 3925 968 33

165 1173 2513 90

9 8996 556

4 039

4 5912 5* *101 74 *185. 0

5, 7654 6409 0224, 753

46 75135, 508

1 4385 6

94 3765*. 62

209 63 389156 6

719.1683 5571 4545.0147 7138.5

62453985

8 57 41 i

1 5631 481

2.4

18 7614 646 40

177 0659 1912 04

10 0046 795

3 461

5 619 1s 81 8

5 130 9

4,2823 4842 0322 032

44, 20133, 756

1,4385 7

94 4565.69

326 45 037159 9

689.2650 8555 2528.4134 1122.4

68659888

9 28 01 2

1,5551 428

2.2

19 1915 448 66

167 7961 3510 29

9 8246 547

3 947

«578 4« 73 8

8 124. 4

5,7554 8593,6323,236

40, 70430, 759

1,4355 6

94 4565.80

4,6982,9284,0365,9763,907

27, 12413, 43414, 8213,343

4,236

2 779

341 55 971162 2

776.9732.2626.2594.4150.7137.8

745646

998.67 51 l

1,5731 420

2.3

18 4013 9810 61

177 0770 009 99

102537 237

3 300

7 741 17 99 8

7 155 2

6,6325 3863,0801,948

36, 42626, 595

1,4345 7

94 5265.91

429 76 899159 5

807.5760 9661.3627.2146.2133.7

7986911079.07 81 2

1,5781 428

2.2

35 8532 168 81

205 7274 179 85

9 0956*062

2 189

5768 45100 05 161. 9

6,4484,8005,5015,501

34, 49126, 308

1,4355 6

94 7666.05

419 17 116240 5

890.1839.5724.4684.4165.7155.1

8116991129 07 71 3

1 6321 458

2 3

33 1130 048 79

174 7374 3610 13

9 8717 057

2 056

5 784 45 104 25 158 9

5 8324 2272 3872 218

31 04624, 299

1 4345 7

94 8566.15

4,5203,3994,0596,4804,191

25,16412,64113 8682,964

3 829

2 678

208 53 23696 5

991.0931.0805.3758.4185.7172.6

9228001229 48 11 3

1 6741 483

2.2

39 0836 408 68

187 7679 1610 52

8 6795 630

2 293

5 900 96 118 65 176. 6

6,1154 4785 2183 487

30, 14923, 308

1,4335.5

95 3266.52

288.24 495123 8

627.5600.5481.6464.3145.9136.2

7636411229.27 81.4

1,5091 504

2.3

16 8314 707 69

150 6446 864 05

8 3875 880

1 590

5 837 75 112 25 179. 4

5,4464,4574,3404,226

29, 04023, 074

1,4335.6

95.4666.63

303.94 96955.2

413.4384.4272.4254.0141.0130.4

6385261128.97.61.3

1,2691,521

2.4

13 8912.557 46

95 1419.014 40

r 7 692r 4, 953

1 874

5 683 25 109.9s 159. 4

5,1644,1272,1482,148

25, 78220, 853

1,4335.8

95 7766.81

51.9

632.0582.2493.6454.2138.4128.0

'580'489

918.87 81.0

1,2611,496

2.3

31.7228.466.20

160 1341.0910.05

9 0816,013

1 393

5 612. 15 102. 8s 153. 3

6,1474,9222,0731,726

21, 67217, 621

1,4316.0

95.7866.96

2 498. 7

2 389. 92 108. 7

7546301257.46.01.4

1,0531,280

2.6

' Revised. i Annual total includes revisions not distributed by months. 2 Preliminaryestimateof production. s Beginning 1969, data ex elude vehicles on runners and skis. 4 In-cludes delayed registrations for several States. 5 Omits data for one State. 6 Omits datafor three States. 7 Omits data for two States. f Revisions (1968-69) are available.

*Ne\v series. Data from Automobile Manufacturers Association and other industry sources;seasonal adjustments by OBE.

ADomestics refer to U.S.-type cars produced in the United States and Canada; imports

refer to foreign-type cars only and exclude domestics produced in Canada.cf Beginning May 1969, data (American Railway Car Institute and Association of American

Railroads) refer to new cars for domestic users; cancellations are not reflected.9 Total includes backlog for nonrelated products and services and basic research.©Data include military-type planes shipped to foreign governments.O Courtesy of R. L. Polk & Co.; republication prohibited.§ Excludes railroad-owned private refrigerator cars and privateline cars.

INDEX TO CURRENT BUSINESS STATISTICS, Pages S1-S40

SECTIONS

General:Business indicators 1-7Commodity prices 7-9Construction and real estate 9,10Domestic trade 11,12

Labor force, employment, and earnings 13-16Finance 16-21Foreign trade of the United States 21-23Transportation and communications 23,24

Industry:Chemicals and allied products 24,25Electric power and gas 25,26Food and kindred products; tobacco 26-30Leather and products 30

Lumber and products 31Metals and manufactures 31-34Petroleum, coal, and products 34-36Pulp, paper, and paper products 36,37

Rubber and rubber products 37Stone, clay, and glass products 38Textile products 38-40Transportation equipment 40

INDIVIDUAL SERIESAdvertising 11,16Aerospace vehicles 40Agricultural loans 16Air carrier operations 23Aircraft and parts 4,6,7,40Alcohol, denatured and ethyl 25Alcoholic beverages 11,26Aluminum. 33Apparel 1,3,4,8,9,11-15,40Asphalt and tar products 35,36Automobiles, etc 1,3-6,8,9,11,12,19,22,23,40

Balance of international paymentsBankingBarleyBattery shipmentsBeef and vealBeverages 4,8,11, 22,Blast furnaces, steel works, etcBonds, outstanding, issued, prices, sales, yieldsBrass and bronzeBrickBroker's balancesBuilding and construction materials... .

Building costsBuilding permits.Business incorporations (new), failures.Business sales and inventoriesButter

9,10,31

2,316,17

273428

23,265-7

18-20333820

6,7,36,38

101075

26

Cattle and calves 28Cement and concrete products 9,10,38Cereal and bakery products 8Chain-store sales, firms with 11 or more stores. . . 12Cheese 26Chemicals 4-6,8,13-15,19,22-25Cigarettes and cigars 30Clay products 9,38Coal 4,8,22,34,35Cocoa 23,29Coffee 23,29Coke 35Communication 2,20,24Confectionery, sales 29Construction:

Contracts 10Costs 10Employment, unemployment, hours, earnings.. 13-15Fixed investment, structures 1Highways and roads 9,10Housing starts 10Materials output indexes 10New construction put in place 9

Consumer credit 17,18Consumer expenditures 1Consumer goods output, index 3,4Consumer price index 8Copper 33Corn 27Cost of living (see Consumer price index) 8Cotton, raw and manufactures 7,9,22,38,39Cottonseed cake and meal and oil 30Credit, short- and intermediate-term 17,18Crops 3,7,27,30,38Crude oil and natural gas 4,35Currency in circulation 19

Dairy products 3,7,8, 26,27Debits, bank 16Debt, U.S. Government 18Department stores 11,12Deposits, bank. 16,17,19Disputes, industrial 16Distilled spirits 26Dividend payments, rates, and yields 2, 3,19-21Drug stores, sales 11,12

Earnings, weekly and hourly 15Eating and drinking places 11,12Eggs and poultry 3,7,8, 28,29Electric power 4,8,25,26Electrical machinery and equipment 4-7,

9,13-15,19,22,23,34Employment estimates 13-15Employment Service activities 16Expenditures, U.S. Government 18Explosives 25Exports (see also individual commodities) 1,2,21-23Express operations 23

Failures, industrial and commercial 7Farm income, marketings, and prices 2,3,7,8Farm wages 15Fats and oils 8,22,23,29,30Federal Government finance 18Federal Reserve banks, condition of 16Federal Reserve member banks 17Fertilizers 8,25Fire losses. 10Fish oils and fish 29Flooring, hardwood 31Flour, wheat 28Food products 1,4-8,11-15,19,22,23,26-30Foreclosures, real estate 10Foreign trade (see also individual com mod.) 21-23Foundry equipment 34Freight cars (equipment) 4,40Fruits and vegetables 7,8Fuel oil 35,36Fuels 4,8,22,23,34-36Furnaces 34Furniture 4,8,11-15

Gas, output, prices, sales, revenues 4,8,26Gasoline 1,35Glass and products 38Glycerin 25Gold 19Grains and products 7,8,22,27,28Grocery stores 11,12Gross national product 1Gross private domestic investment 1Gypsum and products 9,38

Hardware stores 11Heating equipment 9,34Hides and skins 9,30Highways and roads. . 9,10Hogs 28Home electronic equipment , 8Home Loan banks, outstanding advances 10Home mortgages 10Hosiery 40Hotels 24Hours of work per week 14Housefurniahings 1,4,8,11,12Household appliances, radios, and television sets. 4,

8,11,34Housing starts and permits 10

Imports (see also individual commodities)... 1,2,Income, personalIncome and employment tax receiptsIndustrial production indexes:

By industryBy market grouping

Installment credit 12,Instruments and related products 4-6,Insurance, lifeInterest and money ratesInventories, manufacturers* and trade 5,6,Inventory-sales ratiosIron and steel 4-7,9,10,19,22,23,

Labor advertising index, strikes, turnoverLabor forceLamb and muttonLardLead.

22,232,3

18

3,43,4

17,1813-1518,19

1711,12

531,32

1613282833

Leather and products. \ . . . . . . . . . . . . . . . . 4,9,13-15,30Life insurance 18,19Linseed oil 30Livestock 3,7,8,28Loans, real estate, agricultural, bank, brokers'

(see also Consumer credit) 10,16,17,18,20Lubricants 35,36Lumber and products 4,9,10-15,19,31

Machine tools 34Machinery 4-7,9,13-15,19,22,23,34Mail order houses, sales 11Man-hours, aggregate, and indexes 14Manmade fibers and manufactures 9,39Manufacturers* sales (or shipments), inventories,

orders 5-7Manufacturing employment, unemployment, pro-

duction workers, hours, man-hours, earnings. . . 13-15Manufacturing production indexes 3,4Margarine 29Meat animals and meats 3,7,8,22,23,28Medical and personal care 8Metals 4-7,9,19,22,23,31-33Milk 27Mining and minerals 2-1,9,13-15,19Monetary statistics 19Money supply 19Mortgage applications, loans, rates 10,16,17,18Motor carriers 23,24Motor vehicles 1,4-*, 8,9,11,19,22,23,40Motors 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 4,9,19,22,23,33Noninstallment credit 18

Oats 27Oil burners 34Oils and fats 8,22,23,29,30Orders, new and unfilled, manufactures* 6,7Ordnance 13-15

Paint and paint materials 8,25Paper and products and pulp 4-6,

9,13-15,19,23,36,37Parity ratio 7Passports issued 24Personal consumption expenditures 1Personal income 2,3Persona] outlays 2Petroleum and products 4-6,

8,11-15,19,22,23,35,36Pig iron 31,32Plant and equipment expenditures 2Plastics and resin materials 25Population 13Pork 28Poultry and eggs 3,7,8,28,29Prices (see also individual commodities) 7-9Printing and publishing 4,13-15Private sector employment and earnings 13-15Profits, corporate 2,19Public utilities 2-4,9,19-21, 25,26Pulp and pulpwood 36Purchasing power of the dollar 9

Radiators and convectors 34Radio and television 4,11,34Railroads 2,15,16,20,21,24,40Railways (local) and bus lines. 23Rayon and acetate 39Real estate 10,17,18Receipts, U.S. Government 18Recreation 8Refrigerators and home freezers 34Rent (housing) 8Retail trade 5,7,11-15,17Rice 27Roofing and siding, asphalt 36Rubber and products (inch plastics) 4-6,

9.13-15,23.37

Saving, personal 2Savings deposits 17Securities issued 19,20Security markets 20,21Services 1,8,13Sheep and lambs 28Shoes and other footwear 9,11,12,30Silver 19Soybean cake and meal and oil 30Spindle activity, cotton 39Steel (raw) and steel manufactures 22, 23,31,32Steel scrap 31Stock prices, earnings, sales, etc 20,21Stone, clay, glass products 4-6,9,13-15,19,38Stoves and ranges 34Sugar 23,29Sulfur 25Sulfuric acid 24Superphosphate 25

Tea imports 29Telephone and telegraph carriers 24Television and radio 4,11,34Textiles and products.... 4-6,9,13-15,19,22,23,38-40Tin 33Tires and inner tubes 9,11,12,37Tobacco and manufactures 4-7,9,11,13-15,30Tractors 34Trade (retail and wholesale) 5,11,12Transit lines, local. 23Transportation 1,2,8,13,23,24Transportation equipment 4-7,13-15,19,40Travel 23,24Truck trailers 40Trucks (industrial and other) 34,40

Unemployment and insurance 13,16U.S. Government bonds 16,17,20U.S. Government finance 18Utilities 2-4,9,19-21,25,26

Vacuum cleaners. . . 34Variety stores H, 12Vegetable oils 29,30Vegetables and fruits 7,8Veterans* benefits lo

Wages and salaries 2,3,15Washers and dryers 34Water heaters «J4Wheat and wheat flour a 5Wholesale price indexes I'l'ii ,* ;?Wholesale trade 5,7,11,13-15Wood pulp 3°Wool and wool manufactures 9,39

Zinc. 33

UNITED STATESGOVERNMENT PRINTING OFFICE

DIV IS ION OF PUBLIC DOCUMENTS

WASHINGTON, D.C. 20402

OFFICIAL BUSINESS

CURRENT CONSTRUCTION REPORTSCONSTRUCTION accounts forapproximately^ percent of thegross national product!

To assist industry representatives,research specialists, market analysts,and government officials interestedin this vital segment of the Nation'seconomy, the Bureau of the Censusissues monthly, quarterly, andannual reports on the value of newconstruction put in place, buildingpermits, housing starts, housingcompletions, housing sales,alterations and repairs anddemolition of residentialstructures.

Current Construction Reportsinclude:

C20 - Housing Starts

C22 - Housing Completions

C25 - Sales of New One-Family Homes

C30 - Value of New Construction Put inPlace

C40 - Housing Authorized by BuildingPermits and Public Contracts

C41 - Authorized Construction-Washington, D.C. Area

C45 - Permits Issued for Demolition ofResidential Structures in SelectedCities

C50 - Expenditures on ResidentialAdditions, Alterations,Maintenance and Repairs, andReplacements

For further information and aPublications Order Form, free ofcharge, on all the above reports,write to the PublicationsDistribution Section, Bureau of theCensus, Washington, D.C. 20233

U.S. DEPARTMENT OFCOMMERCE

Bureau of the Census