[Opa Handbook of Basic Economic Data]
[From the U.S. Government Publishing Office, www.gpo.gov]
OPA HANDBOOK of BASIC ECONOMIC DATA
SECOND EDITION
OFFICE OF PRICE ADMINISTRATION DIVISION OF RESEARCH
MAY • 1946
Selected Significant Stabilization Dates
July 191b - - - Last month of peace preceding World
War I
Apr. 1917 - - - United States entry into World War I
Nov. 1918 - - - Month of World War I Armistice
Aug. 1939 - - - Last month of peace preceding World
War II
Jan. 19U1 - - - Base month in ’’little Steel” wage
formula
Dec. 19 hl - - - United States entry into World War II
Jan. 19^2 - - - Enactment of Emergency Price Control
Act of 19h2
May 1942 - - - First month of General Maximum Price
Regulation
Sept. 19U2 - - - Base month for price and wage
stabilization under Stabilization Act
of 19U2
Oct. 19^2 - - - Enactment of Stabilization Act of 19^2
May 19h3 - - - Peak of price rise leading to issuance
of »Hold-the-Line” Executive Order
May 19h5---VE Day
Aug. M5---VJ Day
OPA HANDBOOK OF BASIC ECONOMIC DATA
Second Edition
The OPA Handbook of Basic Economic Data is a compendium of numerical data covering a large number and variety of the important aspects of the national econony. This edition of the Handbook represents a considerable expansion of the first edition, as to content, time periods covered, and format. It now contains about 900 series. Annual data are shown for most series back to 1913, or to the earliest available year thereafter, thus, in general, covering the entire period since the outbreak of World War I. Monthly data are shown for 1944and 1945 and for selected earlier months in each of the war periods which are significant for stabilization comparisons.!/ Provision has been made for the extension of the series on both annual and monthly bases through 1946 and 1947.
Generally, the series are shown in the Handbook in the. form in which they were obtained from the original sources • In the case of some series which are most frequently used by the OPA staff, however, modifications have been made in order to make them particularly adaptable to the special requirements of OPA use. For the most part, such modifications have been the regrouping of component series into composites of special interest, the construction of index numbers from basic data obtained from other government agencies, the shifting of base periods of index numbers, and various other adjustments.
The series are grouped under the following broad classifications:
I. Prices — Consumers¹ (Retail), Wholesale, and Farm
H. Labor Force, Total Employment, and Unemployment
III • Industrial Activity
IV. Agricultural Activity
V • Business Activity
VI. National Product and National Income
VII. Federal Fiscal Activity
VIII. Social Security Activity
The Handbook is intended to serve merely as a convenient and readily available initial reference to the series. Accordingly, only brief descriptions of the basic data, of methods of construction of the series, and of sources are included herein at the beginning of each group of series • The constant user of specific series in the Handbook is cautioned to refer to original sources of these series, which are indicated in the text or on the tables, in order to obtain exhaustive descriptions •
Series shown in the Handbook will be maintained monthly. Two maintenance sheets will'be forwarded to users of the Handbook each month. The first sheet will contain the current data which become available before the 15th of the month and the second sheet will contain data becoming available after the 15th of the month. New and completely or partly revised series will also be shown on the maintenance sheets#
1/ See inside of cover.
2
OPA HANDBOOK OF BASIC ECONOMIC DATA
The current usefulness of the Handbook, it must be strongly emphasized, will depend in large measure on whether its users see to it that maintenance data are posted as soon as they are received«
In the use of the Handbook, the following overall points which are generally applicable to all series should be kept in mind:
I. Geographic coverage:- All data are for the continental United States as a whole, unless otherwise indicated.
II. Seasonal adjustments:- Except where otherwise indicated, the data are not adjusted for seasonal variation*
III. Rounded figures:- Group totals and averages may not necessarily equal the sums of the components shown for the group, either because of the rounding of figures or because only selected components are shown.
IV. Preliminary data:- The figures for recent months may be preliminary and subject to revision.
V. Sources:- The sources shown are in some cases the agency from which data are obtained, or by which they were adjusted, instead of the original sources.
The arrangement of some tables, and the general necessity to conserve space, have made it impractical to include the foregoing notes on all tables to which they apply.
In order to facilitate the use of the Handbook, an extensive table of contents listing the groups of series, and, in some cases, individual series, is included on the immediately following pages»
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For Inquiries Concerning the Handbook Write to the Division of Research, or Telephone REpublic 7500, Ext• 6852
3
OPA HANDBOOK OF BASIC ECONOMIC DATA
Table of Contents
Page Number
I PRICES — CONSUMERS’(RETAIL), WHOLESALE, AND FARM
A. Consumers’(Retail) Prices................................................................ 8-23
1. Relative Importance of Component of the Consumers’ Price Index............................... 9
2. Consumers’ Price Index, by Major Components................................................. 10
3. Index Numbers of Retail Prices............................................................ 12-20
a. Foods, by Item............................................................................. 12
b. Meats, Poultry, and Fish, by Item. ................................................ 14
c. Fruits and Vegetables, by Item ...................................................... 16
d. Clothing, by Item...................................................................... 18
e. Housefurnishing Items, Selected....................................................... 19
f. Miscellaneous Items....................................................................... 20
4. Index Numbers of Retail Prices of Commodities and Services in the Consumers’ Price Index............................................................... 22
B. Wholesale „Prices ...................................................................... 24-47
1. Relative Importance of Groups in the Combined Index of Wholesale Prices...................... 25
2. Wholesale Price Index, by Special Groups................................................... 26
3. Index Numbers of Wholesale Prices ....................................................... 28-47
a. Farm Products .............................................................................. 28
b. Food Products..................................... . /............................. 30
c. Hides and leather Products............................................................ 32
d. Textile Products . ................................................................ 34
e. Fuel and lighting.................................................................. 36
f. Metals and Metal Products................................................................ 38
g. Building Materials ................................................................ 40
h. Chemicals and Allied Products....................................................... 42
i. Housefurnishing Goods................................................................ 44
j. Miscellaneous Commodities .................«................................... 46
C. Farm Prices ............................................................................. 48-59
1. Index Numbers of Prices Received' by Farmers .......................................... 50
a. All Prices Combined...................................................................... 50
b. Crop and livestock Prices, by Item...................................................... 50,52
2. Index Numbers of Prices Paid by Farmers................................................. 50,54
a. All Prices Combined............................................................... 50,54
b. Prices of All Commodities Used for Family Maintenance, by Item........................ 54
c. Prices of All Commodities Used in Production, by item........................................ 56
3. Parity Price Ratio .......................................................................... 50
4. Farmer’s Share of Consumers’ Food Dollar................................................... 58
II LABOR FORCE, TOTAL EMPLOYMENT, AND UNEMPLOYMENT
A. Labor Force and Employment Status of Noninstitutional Population........................ 60,62
B. Civilian labor Force, by Employment Status and Sex .................................... 60,64
C. Employees In Nonag ri cultural Establishments, by Major Industry Group................... 65 ,.66
4
OPA HANDBOOK OF BASIC ECONOMIC DATA
Table of Contents
Page Number
III INDUSTRIAL ACTIVITY
A. Industrial Production, Index Numbers .......................... • • 68-81
1. Not Adjusted for Seasonal Variation..........• •••••............ 70-75
a. Totol Industrial Production .......................................... 70
b. Minerals, by Selected .Industry. ............................... 70
c. Manufactures...................................................... 70
(1) Total ...................................................... 70
(2) Durable Goods, by Selected Industry . .,....................... 72
(3) Nondurable Goods, by Selected Industry ............................... 74
2. Adjusted for Seasonal Variation. • •.•••••••••.................... 76-81
a. Total Industrial Production.......................................... 76
b. Minerals, by Selected Industry......................... .'.. 76
c. Manufactures.................................................. 76
(1) Total •.»••••••••••••••♦•••••♦••••••••••• 76
(2) Durable Goods, by Selected Industry . . ...................... 78
(3) Nondurable Goods, by Selected Industry......................... 80
B. Employment, Payrolls, Hours, and Earnings........................ 82-121
1. Manufacturing Industries ..... .... ......... ............ 85-114
a. All Industries Combined ..........................................
b. Durable Goods, by Industry. . . .................................. 88, 92-103
c. Nondurable Goods, by Industry ..............•••••»••••• 90,104-114
d. Index of Employment: Seasonally Adjusted.......................... 85
(1) All Industries Combined....................................... 85
(2) Durable Goods Industries Combined ............*................ 85
(3) Nondurable Goods Industries Combined......................... 85
e. Straight-time Average Hourly Earnings: On Basis, of Fixed Weights ..... 85
(1) All Industries Combined ....... ........ .............. 85
(2) Durable Goods Industries Combined ............ ................ 85
(3) Nondurable Goods Industries Combined.......................... 85
2. Normanufacturing Industries, Selected. ....••••••♦••••'••••••• 115-121
C. labor Productivity and Unit Labor Cost, by Selected Industry..... 122-129
1. Manufacturing Industries, Selected ...••..••••..••••••••••• 124-128
2. Nonmanufacturing Industries, Selected. •••....••••••••••••••• 129
D. Corporation Profits..............................................130-132
1. Bureau of Internal Revenue Series........................131 2. Department of Commerce Series, by Major Industry Groups. . . ... 131,132
E. Net Working Capital of United States Corporations..............• • 133
F. Labor Turnover Rates in Manufacturing Industries................. 134-137
G. Industrial Disputes.............................................. 138-140
1. Work Stoppages, Number.................................... * * * * 139,140
2. Workers Involved................• •.............................. 139,140
3. Man-days Idle • ••............................................... 139,140
IV AGRICULTURAL ACTIVITY
141,143
A. Farm Production ............................'
1. Total .......................................................... 143
2. Crops................................................... 143
3. livestock............................ ...................143
5
A
OPA HANDBOOK OF BASIC ECONOMIC DATA
Table of Contents
Page Number
IV AGRICULTURAL ACTIVITY, cont’d.
B. Farm Income...................................................................... 141,143
1. Cash Income from Marketings....................................................... 143
2. Net Income of Farm Operators (Adjusted for Inventory Changes).................... 143
C. Farm Employment and Wage Rates ................................................. 142,144
1. Employment - Number by Type •..................................................... 144
2. Farm Monthly Wage Rates........................................................... 144
D. Productivity in Agriculture........................-....................... • 146
E. Farm Real Estate Value .................................................. . 148
F. Farm Foreclosures .................................................................. 148
V BUSINESS ACTIVITY
A. Construction Activity.................................................... 151-155
1. Expenditures, by Type and Location of Construction, and by Source of Funds ..................................................................... 152
2. New Dwelling Units Started, by Location and Source of Financing................... 154
B. Manufacturers' New Orders, Indexes.......................................... 156,158
1. All Industries Combined.............................................. ...» 158
2. Durable Goods Industries, Selected ¹ .............................................. 158
3. Nondurable Goods Industries Combined............................................... 158
C. Manufacturers' Shipments .... ............. ...... .......................... 156,160-169
1. Value of Shipments.......................................................... 160-165
a. All Industries Combined....................................................... 160
b. Durable Goods Industries, Selected...................................... 160,162
c. Nondurable Goods industries, Selected..................................... 160,164
2. Indexes of Shipments......................................................... 160,166
a. All Industries Combined....................................................... 160
b. Durable Goods Industries, Selected ............................... ...... 160,166
c. Nondurable Goods Industries, Selected. •• ............................. . 160,168
D. Business Inventories.............•......................................... 156,170-175
1. Value of Inventories........................................................... 170
a. All Businesses ................ . . . ....................................... 170
b. Retailers. . . . . ....................................................... 170
c. Whole salers..................*.............................................. 170
d. Manufacturers................................................................ 170
(1) AH Industries, by Stage of Manufacture.................................... 170
(2) Durable Goods Industries, Selected .................... 172
(3) Nondurable Goods Industries, Selected..................................... 174
2. Indexes of Inventories...................................................... 176-177
a. All Businesses................................................................ 176
b. Retailers.......................................................................... 176
c. Wholesalers. ................................................................. 176
d. Manufacturers ............................................................. 176
(1) All Industries. Combined . ............................................ 176
(2) Durable Goods Industries, Combined...................................... 176
(3) Nondurable Goods Industries, Combined .... ................................ 176
6
OPA HANDBOOK OF BASIC ECONOMIC DATA
Table of Content»
V BUSINESS ACTIVITY, cont’d.
Page Number
E. Sales of Retail Stores . •.......................................... 178,180-187
1. Value of Sales............................................................ 180-183
a. All Stores...............*.............................................. 180
b. Durable Goods Stores, by Type ......................................... 180
c. Nondurable Goods Stores, by Type ..•...•.•.......•..•••. 182
2. Indexes of Sales ......................................................... 184-187
a. All Stores ...........y................................................. 184
b. Durable Goods Stores, by Type...............• • • • •............ • • 184
c. Nondurable Goods Stores, by Type...............• • • •..........••• 186
F. Sales of Chain Stores and Mail-Order Houses . ........................ 178,188-195
1. Value of Sales ..........*......................................... 188-191
a. All Stores ............................................................. 188
b. Durable Goods Stores, by Type • • •............................... 188
c. Nondurable Goods Stores, by Type . . •............................... 190
2. Indexes of Sales ....... • • • • • .................. ...........•••• 192-195
a. All Stores................................................................ 192
b. Durable Goods Stores, by Type .... • .................. ...... 192
c. Nondurable Goods Stores, by Type ......................... ...... 194
G. Business Population........................................................... 196
H. Industrial and Commercial Failures...................................... 197-198
1. Number of Failures............... .................................... 198
2. Rate of Failures....................................................... 198
I. Stock Price Indexes, by Selected Stocks .................................. 199-201
J. Money in Circulation...................................................I 202,204
K. Bank Deposits ........................................... . . .......... 202,205
1. Total Deposits ....................................... ...... • 205
2. Government Deposits.................................................... 205
3. Private Time Deposits..................................................... 205
4. Private Demand Deposits ........................... ......... 205
L. Consumer Credit Outstanding, by Major Part.......... 202,206-207
1. Consumer Credit - Total ....•••......•••••••.••.♦•••• 206
2. Installment Credit, by Type ............................. 206
3. Single Payment Loans ..................................... 206
4. Charge Accounts .......................................... 206
5. Service Credit .••••••••• ......... .... ..............206
6. Index - Total Consumer Credit ............................. 206
M. Nonfarm Mortgage Recordings, Loans and IHA Insurance •••••••••••••••. 202,208
1. Nonfarm Mortgage Recordings - Total ................................. 208
2. Home-mortgage Loans by Savings and Loan Associations ••••............ 208
3. FHA Insurance - Firm Commitments Issued........................... 208
4. FHA Insurance - Mortgages Insured . ., ........................... 208
N. Foreign Trade of the United States ........... ........ ......... 209-211
1. Exports .......................................................... 210
2. Imports ........•.•.••••• ......................... ......... 210
3. Excess of Exports over Inports............................-............ 210
VI NATIONAL PRODUCT AND NATIONAL INCOME
A. Gross National Product or Expenditure, by Major Component .......... 212-220
1. Federal, State and Local Government Expenditures, by Origin........ 214,216
2. Private Gross Capital Formation, by Type.......................... 214,217
3. Consumer Expenditures for Goods, by Type. ••••.................... 214,218
4. Consumer Expenditures for Services, by Type •••••••............... 214,219
7
OPA HANDBOOK OF BASIC ECONOMIC DATA
Table of Contents
Page Number
VI NATIONAL PRODUCT AND NATIONAL INCOME, cont’d.
B. Relation of Gross National Product to National Income ......................... 212,220
C. National Income, by Major Component............................................ 220-230
1. Disposition of National Income and Income Payments............................... 224
2. Income Payments to Individuals, Amount, by Type . .................................. 226
3. Income Payments to Individuals, Indexes, by Type .................................. 230
4. Salaries and wages, Total, by Major Component....................................... 228
VII FEDERAL FISCAL ACTIVITY
A. Budgetary Receipts and Expenditures of the Federal Government ........... 231-233
1. Gross Receipts, by Type................................................................... 232
2. Expenditures, by Type................................................................. .232
3. Net Budgetary Surplus or Deficit .......................................................... 232
B. Cash Income and Outgo of the Federal Government....................................... 234,235
1. Income ............................................................................. 235
2. Outgo.................................................................................... 235
3. Excess of Income or Outgo............................................................ 235
C. Public Debt and Guaranteed Obligations of the United-States Government.......... • 234,236-237
1. Total Gross Debt..................................................................... 236
2. Public Debt............ ........................................................... 236
3. Guaranteed Obligations.............................................................. 236
D. Sales and Redemptions of United States Savings Bonds 238 -239
1. Series E .............................................................................. 239
2. Series F ...................................................................... v 239
3. Series G ............................................................................... 239
VIII SOCIAL SECURITY ACTIVITY
A. Benefits and Beneficiaries Under Selected Social Insurance and Related Programs ................................................. 240-245
1. Monthly Retirement and Disability Benefit Programs . . . ....... 242,244
2. Survivors Monthly Benefit Programs ..............• •........... 242,244
3. Survivors Lump-sum Benefit Programs............*................ 242,244
4. Rhode Island Sickness Compensation .............................. 242,244
5. Unemployment Insurance Programs ................................ 242,244
6. Servicemen¹ s Readjustment Act................................ 242,244
B. Old-age and Survivors Insurance: Summary of Selected Data« ••••••. 246,248
C. Unemployment Compensation: Summary of Selected Data« ••••••••••••••• 246,249
D. Public Assistance •••••••••••••• .......... .............. 247,250
1. Payments, by Program ................................................ 250
2. Recipients, by Program . . . ........................................ 251
2. Financial Operations of Selected Social Insurance Trust Funds...... 247,253
1. Federal Old-age and Survivors Insurance Trust Fund ................ 252
2. Railroad Retirement Account.......... • ....•.......•• 252
3. Civil Service Retirement and Disability Fund........................... 252
4. Unemployment Trust Fund ................................ • • 253
8
PRICES
CONSUMERS' (RETAIL) PRICE INDEX (Formerly called "Cost of Living Index”)
The retail price series presented in the Handbook are compiled by the Bureau of Labor Statistics, United States Department of labor, and published monthly in a mimeographed release and in the Monthly Labor Review« The BIS combined index of all retail prices and the BLS consumers' price index are generally used as synonymous« Indexes of retail prices for the various groups of goods and services are similarly identical with the component indexes of the consumers’ price index. The term "consumers’ price index" is used in the following notes«
The consumers* price index is based on the cost of goods purchased at retail, rents, and services used by families of wage earners and moderate-income workers in 56 large cities as of the 15th of each month. Food prices are obtained in 56 large cities each month, and prices of other goods and services obtained in 21 large cities every month and in 13 additional cities every 3 months. In addition, special consumers’ price surveys are made semi-annually for Bridgeport, Omaha, San Diego, South Bend, and Wichita — five of the 12 former war production centers.
The index covers price changes for about 200 commodities and services« Counting all the different grades and qualities, about bOO different kinds of prices are collected. In addition, figures on changes in rents are obtained on about 50,000 tenant-dwellings semi-annually for use with this index. These prices are customarily grouped under 6 headings — (1) food, (2) clothing, (3) rent, (b) fuel, electricity and ice, (5) house-furnishings, and (6) miscellaneous goods. Separate indexes are computed for each of these groups, and the final cost of living index is a composite of the six group indexes. Included also in the handbook are index series giving breakdowns of the food, clothing, house-furnishings, and miscellaneous components. A breakdown of the total index by commodities and services including and excluding rent is also presented. The relative importance (percentage weights) of each component group in the composite index is shown for specified dates in a table on the following page«
Separate indexes are constructed for each city by the aggregate method, the weights for each city being the average amount of goods purchased per family per year by wage earners and moderate—income workers in that city. The city indexes are combined into a national index by using weights based on the population of the metropolitan areas and that of other cities in the sane region and size class where, it is believed, prices move in a similar fashion.
Additional and more detailed descriptions of the indexes may be found in "Description of the Cost of Living Index of the Bureau of Labor Statistics", revised May 19 bb, and an earlier release, Bureau of labor Statistics Bulletin No. 699, 19bl«
9
RELATIVE IMPORTANCE OF THE COMPONENTS OF THE CONSUMERS* PRICE INDEX
(percent)
NOTE: See p. 8
Fuel,
Month Food Clothing Rent Electricity House- Miscellaneous
and Ice furnishings
1935 - 1939 Av. 35.4 11.0 18.8 6.7 4.4 23.7
1939 Sept. 34.6 11.0 19.6 6.6 4.4 23.8
1941 Jan. 34.3 11.0 19.6 6.7 4.4 24.0
Dec, 34.7 11.0 17.6 6.1 4.4 26.2
1942 Jan. 35.2 10.9 17.5 6.0 4.4 26.0
May 37.7 12.2 18.1 6.2 4.7 21.1
Sept. 39.6 12.3 18.0 6.3 3.5 20.3
Oct. 40.1 12.1 17.8 6.3 3.5 20.2
Dec. 41.0 12.1 17.8 6.2 3.2 19.7
1943 Jan. 4i.o 12.1 17.8 6.2 3.2 19.7
May 42.7 H.9 17.0 5.9 3.0 19.5
Dec. 41.2 12.6 17.2 6.0 2.9 20.1
1944 Jan. 41.0 12.6 17.2 6.1 2.9 20.2
Dec. 4o.5 13.1 16.9 5.9 ' 3.2 20.4
1945 Jan. 40.4 13.1 16.8 6.0 3.2 20.5
Feb. 40.2 13.2 16.9 6.0 3.2 20.5
Mar. 4o.i 13.2 16.9 6.0 3.2 20.6
Apr. 40.2 13.2 16.8 6.0 3.2 20.6
May 40.6 13.2 16.7 5.9 3.1 20.5
June 4i.o 13.1 16.6 5.9 3.1 20.3
July 4i.o 13.1 16.6 5.9 3.1 20.3
Aug. 4o.8 13.2 16.6 5.9 3.1 20.4
Sept. 40.2 13.3 16.5 6.0 3.1 20.9
Oct. 40.1 13.3 16.5 6.0 3.1 21.0
Nov. 40.3 13.3 16.5 5.9 3.1 20.9
Dec. 40.4 13.3 16.4 5.9 3.2 20.8
1946 Jan. 40.3 13.3 16.4 5.9 3.2 20.9
Feb. 4o.o 13.4 16.4 6.0 3.2 21.0
Maf. 4o.o 13.6 16.3 5.9 3.2 21.0
Apr. 40.2 13.6 ^■2 3*2, 20.9
••■*•■■■■
June
July
Aug. i ■MM««*
Sept. •MMMMM» ------------
Oct.
Nov. ---■■ - ■ ■ ---------
Dec.
1947 Jan. --------- --------- -------
Feb.
■MMMMMM MMMMMMM»
Apr. OMMHMM» •»»*»*
■■ ■ --- ■ ■■ MWMMM»
MMMMW *■■■■■■■■■•
«■»■■MR* 1 > ---1 ■
Aug. ■ ■ »1 --- « ■■■■■■■■■■
Sept. «■■■■■■■M 130.6 , 127.7 155.2 129.7
Oct. 129.6 105.7 131.2 131.2 164.7 137.1
1943 138.0 107.6 133.8 134.6 161.9 168.8
May 143.0 107.6 138.3 136.9 142.1 190.8
1944 136.1 108.4 129.9 133.6 153.9 168.2
Jan. 136.1 108.5 131.0 133.5 154.0 166.7
Feb. 134.5 108.1 130.5 133.5 142.5 163.0
Mar. 134.1 108.0 130.6 133.6 135.5 162.9
Apr. 134.6 108.0 130.0 133.6 127.6 168.8
May 135.5 . 108.1 130.3 133.5 127.1 172.8
June 135.7 108.4 129.8 133.5 129.1 174.0
July 137.4 108.6 129.3 133.6 148.9 176.9
Aug. 137.7. 108.5 129.0 133.6 159.4 175.7
Sept. 137.0 108.6 129.0 133.6 168.0 169.9
Oct. 136.4 108.6 129.4 133.6 179.0 162.9
Nov. 136.5 108.6 ' 129.7 133.6 186.7 160.7
Dec. 137.4 108.6 129.9 133.5 188Ì5 164.2
13
INDEX NUMBERS OF RETAIL PRICES OF FOOD 1/
NOTE: See p. 8 ___________(1935-39 - JOO)
Cereals
Year and Meats, Dairy Fruits
and All Bakery Poultry, Pro- and
Month Foods Products Fish ducts Eggs Vegetables
1945 139.1 109.0 131.2 133.9 164.4 177.1
Jan. 137.3 108.7 130.2 133.5 169.6 168.9
Feb. 136.5 1C8.7 130.7 133.5 153.2 168.9
Mar. 135.9 108.7 130.8 133.5 140.7 169.5
Apr» 136.6 108.9 130.8 133.5 139.9 173.3
May 138.8 109.0 131.6 133.5 140.7 182.5
June 141.1 109.1 131.6 133.4 145.1 192.6
July 141.7 109.1 131.6 133.4 157.2 191.8
Aug. U0.9 109.1 131.8 133.4 171.4 183.5
Sept» 139.4 109.1 131.6 133.4 183.9 172.5
Oct. 139.3 209.1 I3I.O 133.3 185.5 172.5
Nov. 140.1 109.1 131.0 135.9 192.1 172.3
Dec. 141.4 109.2 131.2 136.2 193.2 177.3
1946
Jan. 141.0 109.4 131.4 136.4 172.4 180.8
Feb. 139.6 109.8 ' 131.3 136.6 144.2 181.1
Mar. 140.1 110.3 131.3 137.0 139.0 183.4
Apr. I4I.7 113.3 132.8 ■W 127.7_
May --- --- --- --- ---
June --- ■■---■.---
July y ------ ■ ---
Aug.
Sept.
Oct.
Nov.
Dec.
1947
Jan. V •----------
Feb. --- ---------------r
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
UTAH STATE AGRICULTURAL COLLEGE
2/ Groups for beverages, fats and oils, and' sugar dairy products are available prior to 1923 but
Source: United States Department of Labor, Bureau of labor Statistics
INDEX NUMBERS OF RETAIL PRICES OF MEATS, POULTRY, AND FISH 1/
U
NOTE: See p. 8 (1935-39 s 100)
Fish:
Year Total Beef Pork Lamb Poultry: Fresh
and and Roasting and
Month Veal Chickens Canned
1923 101.2 O» * * «B BB BB BB BB
1924 102.4 ■b e» •• bb ~ «B BB BB • •
1925 111.3 «• » •• BB --- « * BB B> SB
1926 117.8 e» bb --- * •B --- * BB BB BB
1927 116.0 bb •• * BB --- •> BB BB --- •
1928 123.1 * * «B W * «B BB BB * BB
1929 127.1 e» bb * bb •» BB MB BB BB BB
1930 119.1 bb
1931 101.1 «a bb BB
1932 79.3 --- «B ■ "• * IB
1933 68.9 -• * * bb --- --- --- • BB BB
1934 78.9 * e» •• BB «B» «B BB BB --- BB
1935 99.9 98.9 104.7 96.3 95.5 98.2
1936 98.9 94.7 103.4 101.1 101.1 98.5
1937 105.8 106.5 106.6 105.2 104.9 . 101.0
1938 98.9 98.7 96.3 97.9 104.6 101.3
1939 96.6 101.1 88.9 99.5 93.8 101.0
Aug. 95.7 99.6 88.0 98.8 94.6 99.6
1940 95.8 102.8 81.1 99.7 94.8 110.6
1941 107.5 110.8 100.1 106.6 102.1 124.5
Jan. 101.1 109.4 86.1 98.7 97.2 118.7
Dec. 111.1 114.4 103.2 108.1 100.5 138.9
1942 126.0 123.6 120.4 124.1 122.6 163.0
May 124.3 124.1 123.2 118.2 113.4 150.9
Sept. 130.6 126.0 124.0 133.7 133.7 168.2
Oct. 131.2 126.5 124.4 133.0 133.0 172.8
1943 133.8 124.7 119.9 136.9 146.1 206.5
May 138.3 131.2 125.5 141.6 147.6 200.5
1944 129.9 118.7 112.2 134.5 151.0 207.6
Jan. 131.0 119.3 112.8 133.8 149.9 223.5
Feb. 130.5 119.3 112.5 133.9 149.9 217.1
Mar. 130.6 119.1 112.3 134.1 150.2 220.2
Apr. 130.0 119.1 112.1 134.3 150.4 210.4
Mar. 130.3 118.9 111.9 134.4 155.9 200.5
June 129.8 118.8 112.0 134.8 154.1 196.7
July 129.3 118.7 112.1 135.0 151.4 197.5
Aug. 129.0 118.6 112.0 134.7 149.8 198.0
Sept. 129.0 118.3 112.2 134.6 149.3 200.4
Oct. 129.h 118.2 112.2 134.7 149.9 ' 205.8
Nov. 129.7 118.2 112.2 134.5 150.4 210.3
Dec. 129.9 118.3 112.3 135.6 150.6 211.0
INDEX NUMBERS OF RETAIL PRICES OF MEATS, POULTRY, AND FEH 1/
NOTE: See p* 8 (1935-39 s 100)
Fish:
Year Beef Poultry: Fresh
and Total and Pork Lamb Roasting and
Month Veal Chickens Canned
1945 131.2 118.4 112.6 136.0 1544 217.0
Jan. 130.2 118.4 112.5 135.5 152.2 210.1
Feb. 130.7 118.4 112.5 135.5 152.9 215.2
Mar. 130.8 118.4 112.4 135.9 153.6 224.4
Apr. 130.8 118.6 112.4 135.9 154.3 211.9
May 131.6 118.6 112.5 135.9 156.3 218.7
June 131.6 118.5 112.6 136.0 156.8 215.6
July 131.6 118.5 112.7 136.0 • 156.2 217.3
Aug. 131.8 118.5 112.6 136.4 157.3 217.8
Sept. 131.6 U8.H 112.6 136.4 155.9 219.8
Oct. 131.0 118.2 112.6 136.2 152.3 221.3
Nov. 131.0 118.2 112.6 136.2. 152.5 220.8
Dec. 131.2 II843 112.6 136.4 153.1 221.7
1946
Jan. 131.4 118.2 112.6 136.4 152.7 227.3
Feb. 131.3 118.3 112.6 136.9 151.2 226.9
Mar. J2M. 118.3 > 112.8 137.0 150.2 227.7
Apr. 132^ 119.8 j^i_ _ma_ 221*3
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1947
Jan. --- ---
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1/ The subgroups are not available prior to 1935
Source: United States Department of Labor, Bureau of Labor Statistics
16
INDEX NUMBERS OF RETAIL PRICES OF FRUITS AND VEGETABLES
NOTE: See p. 8 (1935-39 g 100)
Year
and Total Fresh Canned Dried
Month
1923 169.5 173.6 124.8 175.4
1924 159.5 162.7 128.2 159.6
1925 185.1 193.5 132.3 159.0
1926 210.8 -226.2 J 122.9 152.4
1927 183.8 194.4 120.8 145.9
1928 161.4 166.5 120.6 153.9
1929 169.0 173.5 124.3 z 171.0
1930 177.5 1 185.7 118.6 158.7
1931 125.7 128.7 103.3 118.7
1932 103.5 105.9 91.1 91.2
1933 113.8 118.9 87.9 88.4
1934 119.1 122.3 103.9 101.1
1935 99.7 98.8 106.2 100.8
1936 104.8 106.2 100.9 96.6
1937 107.9 108.6 103.2 116.0
1938 93.2 92.1 97.4 93.3
1939 94.5 95.1 92.3 93.3
Aug. 92.4 92.8 91.6 90.3
1940 96.5 97.3 92.4 100.6
1941 103.2 104.2 97.9 106.7
Jan. 93.3 93.4 91.4 99.6
Dec. 110.5 111.0 106.3 118.3
1942 130.8 132.8 121.6 136.3
May 128.7 130.0 122.7 131.2
Sept. 129.7 130.3 123.8 143.4
Oct. 137.1 139.3 125.0 149.9
1943 168.8 178.0 130.6 158.9
May 190.8 205.8 131.1 158.0
1944 168.2 177.2 129.5 164.4
Jan. 166.7 175.3 129.7 162.8
Feb. 163.0 170.7 129.8 163.1
Mar. 162.9 170.6 129.6 163.2
Apr. 168.8 178.0 129.5 163.2
May 172.8 183.1 129.2 163.5
June 174.0 184.6 129.2 164.1
July 176.9 188.4 129.0 164.6
Aug. 175.7 186.7 129.3 165.0
Sept. 169.9 179.4 129.4 165.3
Oct. 162.9 170.4 129.7 165.7
Nov. 160.7 167.6 129.6 . 166.5
Dec. 164.2 171.9 129.9 166.4
17
INDEX NUMBERS OF RETAIL PRICES OF FRUITS AND VEGETABIES
NOTE: See p* 8 (1935-39 * 100)
Tear -
and Total Fresh Canned Dried
Month
1945 177.1 188.2 130.2 168.2
Jan. 168.9 177.9 129.7 - 166.9
Feb. 168.9 177.8 129.8 167.0
Mar. 169.5 178.6 129.9 167.4
Apr. 173.3 183.3 130.0 167.9
May 182.5 195.0 130.2 168.5
June 192.6 207.7 130.1 168.8
July 191.8 206.7 130.2 168.9
Aug. 183.5 196.2 130.3 168.6
Sept. 172.5 182.3 130.4 168.8
Oct. 172.5 182.3 130.4 168.9
Nov. 172.3 181.9 130.6 168.5
Dec. 177.3 188.4 130.3 168.7
1946
Jan. 180.8 192.7 130.5 169.0
Feb. 181.1 193.0 130.9 169.8
Mar. I83.h 196.3 129.6 168.9
Apr. XSi£ -199-8- 128.7 _169m5_
May
June
July
Aug.
Sept.
Oct.
Nov.
Dee.
1947
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dee.
Source: United States Department of Labor, Bureau of Labor Statistics
697283 0—46_2 '
INDEX NUMBERS OF RETAIL PRICES OF CLOTHING 1/
NOTE: See p. 8 (June 1939 = 100)
' Siile
Year All Wool Cotton and Foot- Men’s Women’s
and Clothing Clothir ig Clothing Rayon wear Clothing Clothing
Month Clothing
1939 - June 100.0 100.0 100.0 100.0 100.0 100.0 100.0
Mo 101.1* 101.5 101.1 101.7 102.0 101.7 101.1
19h0 - Dec« 101.3 101.7 101.2 101.0 102.1 101.9 100.8
Ml 106.0 107.0 108.8 105.1* 105.9 107.1 105.9
1951 - Dec» M.5 112.5 122.1* 115.3 112.0 lll*.0 115.1
191*2 123.8 121.9 131*.O 125.1 119.8 125.0 122.8
1952 - June 121*.9 122.9 135.3 126.7 120.1 126.2 123.9
191*2 - Sept. 125.1* 121*.O 335.0 126.2 121.5 126.8 121*.l
191*3 129.3 128.1* 11*1.1* 127.0 125.2 130.6 128.5
1953 - June 127.5 125.7 139.1* 121*.9 121*.6 129.5 125.7
191*1* 138.1* 137.8 151*. 2 131*.O 129.3 137.1 139.9
- March 136.3 135.2 150.1* 132.7 128.1* 135.1* 136.9
- June 137.6 135.1* 153.9 133.9 129.1 136.1* 138.5
- Sept. 11*1.0 11*1.2 156.8 135.5 130.1 138.7 11*3.1
- Dec. 11*2.1* 11*2.1 160.2 136.5 130.7 139.9 11*1*.7
191*5 11*5.5 ll*l*.l* 167.9 138.7 132.1 11*3.2 11*8.0
- March 11*3.3 11*2.6 161.7 . 137.5 131.2 11*0.5 11*5.9
- June 11*5.0 11*3.1 166.9 138.5 132.0 11*2.2 11*7.5
- Sept. 11*7.8 11*6.1* 172.2 11*0.1 132.8 11*5.1 150.2
- Dec. 11*9.0 11*7.3 175.9 11*0.1 133.3 11*7.6 150.1
191*6
- March "152". 6" 11*'/.? 181*.Ö ' i5h.u "137.1" 152.2 ' 152.9
- June
- Sept.
- Dec.
M7
- March
- June
- Sept.
- Dec.
V Annual averages are estimated« Groups for Mother garments” and ^services* are omitted« The men’s and women* s clothing series are a separate grouping and together include all items in the clothing index«
SOURCE: United States Department of labor> Bureau of labor Statistics
19
INDEX NUMBERS OF RETAIL PRICES OF SELECTED HOUSEFURNISHING ITEMS 1/
NOTE: See p. 8 (1935-39 ■ 100)
Year AÜ.
and House- Towels Sheets Furniture
Month furnishings 2/
1935 91*.8 102.2 99.2
1936 96.3 100.5 101.8
1937 iol*.3 101*.8 110.5
1938 103.3 • 96.1* 96.3
1939 201.3 98.8 92.1* 200.8
1939 - June 100.6 93.9 91.0 100,0
191*0 100.5 96.0 98.8 102.8
1940 - Dec. 100.1* 96.5 95.2 103.5
191*1 107.3 102.8 105.6 116.1
1941 - Dec. 116.8 115.2 121.9 128.8
191*2 122.2 131.6 . 135.7 232.0
1942 - June 122.3 132.6 137.1 232.2
1942 - Sept. 123.6 133.7 137.6 232.3
191*3 125.6 11*3.2 138.5 131*. 1
1943 - June 125.1* 11*3.1* 138.5 133.8
191*1* 136.1* 160.9 139.6 150.5
- March 129.0 156.1* 139.5 237.0
- June 138.1* 157.5 139.5 155.0
• Sept. 11*0.7 166.2 11*0.0 157.9
- Dec. 11*3.0 170.5 11*0.0 160.0
191*5 11*5.8 179.0 11*6.3 161*.lt
- March 11*1*.5 173.8 11*0.9 162.5
- June 11*5.8 180.3 11*1*.7 168.2
--- Sept. 146.8 183.6 11*7.1 16J.8
- Dec. 11*8.3 182.5 158.5 168.0
191*6
- March 150.2 177.1 i59.$ 17o.O
• June
- Sept.
• Dec.
191*7
- March
^ - June
- Sept.
- Dec.
V Annual averages are estimated» y June 1939 s 100.
SOURCE: United States Department of Labor, Bureau of Labor Statistics
20
INDEX NUMBERS OF RETAIL PRICES OF MISCELIANEOUS ITEMS 1/
NOTE* See p. 8 (1935-39 ■ 100)
JIT Chevro- Medical
Year Miscella- Trans- let Care House- Recreation Personal
and neous porta- Automo- and hold 3/ Care
Month Items tion bile 2/ Drugs Operation
1335 98.1 98.li 97.2 99.0 200.li 96.7 91*.9
1936 98.7 99.3 99.5 99.3 99.6 97.1* 96.1 -
1937 201#0 102,0 100.3 100.3 200.2 100.2 101.7
1938 101.5 101.7 2011.2 100.6 100.2 102.5 2O1*.O
1939 100.7 99.5 98.8 100.7 99.1i 103.1* 203.6
June 100.1* 99.3 99.3 200.8 99.li 102.6 103.7
191*0 101.1 98.8 97.3 200.8 99.2 105.9 203.1*
Dec# 101.8 99.1i 99.7 200.8 99.1 108.6 103.1
191*1 io!*.o 102.1 103.1 101. Il 100.9 108.8 206.1
Dec# 107.7 • 107.1 113.3 102.3 105.3 110.3 111.7
191*2 110.9 110.6 1011.2 107.6 113.0 116.1*
June 110.9 Ul.!i 2011.0 107.6 112.1* 115.8
Sept# 111.1* U0#7 205.1 108.1 113.3 118.1*
191*3 125.8 110.6 109.2 112.9 120.9 128.3
June 115.7 110.1* 209.1* 111.6 121.0 127.9
191*1* 121.3 110.7 112.6 117.9 129.1* 137.1*
March 119.1 110.6 111.8 116.2 121J.7 131*.7
June 121.7 110.8 112.5 118.5 130.8 138.0
Sept# 122.1* 110.8 113.2 118.8 132.1 139.1
Dec# 123.1 110.8 113.8 119.5 133.6 139.7
191*5 121*.l 110.6 115.3 120.6 131*.7 11*1.7
March 123.6 110.6 1111.7 219.8 131*.2 11*0.5
r June 1211.0 110.5 115.2 120.1* 131*.8 11*1.1*
Sept. 121*.6 110.7 115.7 121.3 135.3 11*2.9
Dec. 1211.8 110.11 216.7 121.5 235.0 11*3.1*
191*6
March 125.9- 111.5 118. ^ _122.ll J&2-
June
Sept.
Dec.
191*7
March
June
Sept.
Dec#
]7 Annual data are estimates#
W Ford and Plymouth are also priced when included in the index# This item was selected from the Transportation Group.
2/ Available monthly from June 19h5.
SOURCE; United States Department of Labor, Bureau of Labor Statistics
21
(Space Reserved for Additional Series)
22
INDEX NUMBERS OF RETAIL PRICES OF COMMODITIES AND SERVICES IN THE CONSUMERS • PRICE INDEX 1/
NOTEr See p. 8 (June 1939 s 100)______
Consu- All
Year mers* Com- Services
and Price modi- Including Excluding
Month Index ties Rent Rent
1935 99.5 102.6 94.1 98.8
1936 100.5 103.6 95.1 98.3
1937 104.2 107.8 97.9 99.3
1938 102.2 103.5 99.9 100.1
1939 100.8 101.3 100.0 98.8
Aug. 100.0 99.9 100.0 100.0
1940 101.6 102.5 100.3 100.1
1941 106.7 109.7 101.8 101.3
Jan. 102.2 103.2 100.8 100.7
Dec. 112.1 116.9 103.7 103.0
1942 118.2 125.8 105.3 106.1
May 117.6 124.7 105.7 105.4
Sept. 119.5 127.8 105.3 106.5
Oct. 120.7 129.7 - 105.5 107.0
1943 125.4 136.4 107.1 110.3
May 126.9 139.2 106.8 109.5
1944 127.3 133.1 109.9 115.9
Jan. 126.0 136.7 108.5 113.0
Feb. 125.6 135.9 108.7 113.4
Mar. 125.6 135.9 108.9 113.7
Apr. 126.4 136.6 109.9 115.9
May 126.9 137.2 ■ 110.1 116.2
June 127.2 137.8 110.2 116.4
July 127.9 138.9 110.3 116.7
Aug. 128.2 139.4 110.3 116.7
Sept. 128.3 139.5 110.4 117.0
Oct. 128.3 139.3 110.5 117.2
Nov. 128.4 139.4 110.5 117.3
Dec. 128.8 140.2 110.5 117.2
1945 130.2 142.1 111.0 118.3
Jan. 128.9 140.2 110.6 117.5
Feb. 128.7 139.8 110.7 117.6
Mar. 128.6 139.6 110.8 '117.8
Apr. 128.9 140.2 110.9 118.0
May 129.9 U1.7 110.9 118.1
June 130.8 143.3 111.0 118.3
July 131.2 ' 143.9 111.1 118.5
Aug. 131.1 143.6 111.2 118.7
Sept. 130.7 142.9 111.3 118.9
Oct. 130.7 142.8 111.3 118.9
Nov. 131.1 143.3 111.3 118.8
Dec. 131.7 144.4 111.4 . 119.0
23
INDEX NUMBERS OF RETAIL PRICES OF COMMODITIES AND SERVICES IN THE COhSUMERS ’ PRICE INDEX 1/
NOTE» See p. 8 (June 1939 = 100)
Consu- All
Year mers’ Com- Services
and Price modi- Including Excluding
Month______• Index ties Rent Rent
1946
Jan» 131.7 144.3 111.8 119.7
Feb. 131.h 110.7 111.8 119.8
Mar. U3ZÆ. Mi 112.1 120.3
Apr. 132*8 145.8 112.1 -izoa.
May -- •
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1947
Jan.
Feb.
Mar.
Apr,
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
J/ 1935-39 and January 1941 are estimates«
1942 is a ten-month average for commodities and services .
Sources United States Department of Labor, Bureau of Labor Statistics
21»
PRICES
Wholesale Prices
The Wholesale price series are compiled by the Bureau of Labor Statistics, United States Department of Labor, and published in the Monthly Labor Review and in mimeographed releases« The series are based on commodity prices in primary markets; that is wholesale price data for the most part represent prices prevailing in the ’’first commercial transaction” — prices quoted in primary markets, at principal distribution points«
Weekly, monthly and annual series cover commodity prices of about 889 individual items, classified into subgroups of closely related articles and into major categories, as well as into one composite series for all wholesale prices« The major groups ares (1) farm products, (2) foods, (3) hides and leather products, (u) textile products, (5) fuel and lighting materials, (6) metals and metal products, (7) building materials, (8) chemicals and allied products, (9) housefurnishing goods, and (10) miscellaneous commodities. In addition to the major groups, the Handbook includes two other broad classifications« The first is"Tase3~on origin of the coninodity, showing: (1) All commodities other than farm products and (2) all commodities other than farm products and foods« The second is based on stage of manufacture, showing: (1) raw materials, (2) semi-manufactured articles and (3) finished products.
The weekly, monthly and annual indexes are calculated independently of each other; that is, the annual indexes are not calculated directly as averages of the monthly, nor are the monthly indexes calculated directly from the weekly. Each index is computed from actual prices or an average of actual prices. The weekly index is based on prices of the individual items as of a particular day of the week. The monthly index is computed from averaged weekly prices for the month. Similarly, annual indexes are confuted from weighted weekly prices for the year. The monthly and annual indexes are shown in the Handbook.
In the construction of the indexes the prices are weighted according to the importance of each article in the country’s markets. The quantity weights are used in the customary weighted aggregate method with a fixed base. For a detailed description of the construction of the various indexes, see the serial reprint R-666 of the Bureau of Labor Statistics "Revised Method of Calculations of the Wholesale Price Index of the United States
Bureau of Labor Statistics”.
25
RELATIVE IMPORTANCE OF GROUPS IN THE COMBINED INDEX OF WHOLESALE PRICES 1/ YEAR AVERAGE 191*5
Major Groups and Subgroupe Pereant
Major Groups and Subgroups Percent
All Commodities.......¿............... 100.00
Raw Materials............................ 32.71
Semi-manufactured Articles.............. 7*58
Manufactured Products.................... 59*71
All Commodities Other Then Farm Products...................... 78*26
All Commodities Other Than Farm Products and Food............. 59*89
Fuel and Lighting Materials........ 13.95
Anthracite.......................... 1.21*
Bituminous Coal...................... lull
Coke................................ 1.02
Electricity.......................... 1.46
Gas................................. *70
Petroleum and Products.............. 5.1*2
Tarn Products........................ 21.71*
Grains................................ 3*29
Livestock and Poultry............. 7*20
Other Farm Products................. 11*35
Metals and Metal Products........... 13*81
Agricultural Implements............. *37
Iron and Steel....................... 5*98
Motor Vehicles...................... 5.51*
Nonferrous Metals.................... 1*67
Plumbing and Heating.................. *25
Foods................,................ 18*37
Dairy Products......................... 2*27
Cerosi Products...................... 3*31
Fruits and Vegetables................. 1.1*8
Meats.................................. 6*71*
Other Foods............................ U*57
Iides and Leather Products............. 3*13
Shoes.................................. 1*80
Hides and Skins......................... *53
Leather.............................. *61*
Other Leather Products.................. *36
IsxlAla-Ziadasls...................... ⁸ *52
Clothing............................. 2.27
Cotton Goods............................ 2*65
Hosiery and Underwear................ *71
Rayon............................... .31*
Silk............................... *36
Woolen and Worsted Goods......... 1.51*
Other Textile Products............... *65
Building Materials..................
Brick and Tile....... Cement.........................
Lumber.........................
Paint and Paint Materials......
Plumbing and Heating (see Metals) Structural Steel (in Iron and Steel). Other Building Materials.......
Chemicals and Allied Products....... Chemicals........................... Drugs and Pharmaceuticals........... Fertiliser Materials................
Mixed Fertiliser....................
Oils and Fats.....................
Housefurnishing Goods.. Furnishings.........................
Furniture...........................
Miscellaneous.......................
Automobile Tires and Tubes.....
¹ Cattle Feed...................
Paper and Pulp................. Rubber, Crude.................. Other Miscellaneous............
6*08
.1*6
*1*7
2*55
1.31
1.29
1.80
.97 .19 .19 •20 .25
2*56 1.38 1.18
30.01*
2.27 . .71*
2.06
1/ Estimated 191*5 value in exchange expressed as percentage of aggregate value of all commodities.
Source* United States Department of Labor, Bureau of Labor Statistics
26
INDEX NUMBERS OF ÜÏHOIESALE PRICES OF SPECIAL GROUPS
NOTE: See p. 24 (1926 « 100)
All
Year Stages of Manufacture All Commodities
and All Raw Semi- Finished Commodities Other Than
Month Commodities Materials Manufactured Products Other Than Farm Products
Articles Farm Products and Foods
1913 69.8 68.8 74.9 69.4 69.0 70.0
1914 68.1 67.6 70.0 67.8 66.8 66.4
July 67.3 67.3 67.8 66.9 65.7 65.7
1915 69.5 67.2 81.2 68.9 68.5 68.0
1916 85.5 82.6 118.3 82.3 85.3 88.3
1917 117.5 122.6 150.4 109.2 113.1 114.2
April 114.1 118.8 153.4 105.1 109.9 111.6
1918 131.3 135.8 153.8 124.7 125.1 124.6
Nov# 136.3 138.8 162.7 130.4 131.0 129.9
1919 138.6 145.9 157.9 130.6 131.6 128.8
1920 154.4 151.8 198.2 149.8 154.8 161.3
1921 97.6 88.3 96.1 103.3 100.1 104.9
1922 96.7 96.0 98.9 96.5 97.3 102.4
1923 100.6 98.5 118.6 99.2 100.9 104.3
192k 98.1 97.6 108.7 96.3 97.1 99.7
1925 103.5 106.7 105.3 100.6 101.4 102.6
1926 100.0 100.0 100.0 100.0 100.0 100.0
1927 95.4 96.5 94.3 95.0 94.6 94.0
1928 96.7 99.1 94.5 95.9 94.8 92.9
1929 95.3 97.5 93.9 94.5 93.3 91.6
1930 86.4 84.3 81.8 88.0 85.9 85.2
1931 73.0 65.6 69.0 77.0 74*6 75.0
1932 64.8 55.1 59.3 70.3 68.3 70.2
1933 65.9 56.5 65.4 70.5 69.0 71.2
1934 74.9 68.6 72.8 78.2 76.9 78.4
1935 80.0 77.1 73.6 82.2 80.2 77.9
1936 80.8 79.9 75.9 82.0 80.7 79.6
1937 86.3 84.8 85.3 87.2 86.2 85.3
1938 78.6 72.0 75.4 82.2 80.6 . 81.7
1939 77.1 70.2. 77.0 80.4 79.5 81.3
Aug# 75.0 66.5 74.5 79.1 77.9 80.1
1940 78.6 71.9 79.1 81.6 80.8 83.0
1941 87.3 83.5 86.9 89.1 88.3 89.0
Jan# 80.8 74.6 81.3 83.5 82.7 84.3
Dec# 93.6 92.3 90.1 94.6 93.3 93.7
191*2 98.8 100.6 92.6 98.6 97.0 95.5
May 98.8 99.7 92.9 99.0 97.4 95.7
Sept# 99.6 102.2 92.9 99.2 97.7 95.5
Oct# 100.0 103.0 92.7 99.4 97.9 95.5
191*3 103.1 112.1 92.9 100.1 98.7 96.9
May 104.1 114.0 93.0 100.7 99.2 . 96.7
19U* 104.0 113.2 94.1 100.8 99.6 98.5
Jan# 103.3 112.2 93.2 100.2 99.1 97.8
Feb# 103.6 112.8 93.4 100.4 99.3 98.0
March 103.8 113.4 93.7 100.5 99.3 98.1
April 103.9 113.2 93.6 100.8 99.6 98.4
May 104.0 U3.0 93.7 100.9 99.7 98.5
June 104.3 114.2 93.8 100.9 99.6 98.5
July 104.1 113.6 93.9 100.9 99.6 98.5
Aug# 103.9 112.7 94.1 100.9 99.7 98.6
Sept# 104.0 112.8 94.7 100.9 99.7 98.6
Oct# 104.1 113.2 94.8 101.0 99.8 98.7
Nov# 104.4 113.8 94.8 101.1 99.9 98.8
Dec# 104.7 114.6 94.8 101.1 100.0 98.9
27
INDEX NUMBERS OF WHOLE SALE PRICES OF SPECIAL GROUPS
NOTE: See p. 21 (1926 = 100)
All
Tear Stages of Manufacture All Commodities
and All Raw Semi- Finished Commodities Other Ihan
Month Commodities Materials Manufactured Products 'Other Than Farm Products
Articles Farm Products and Foods
1915 105.8 116.8 95.9 101.8 100.8 99.7
Jan« 101.9 115.1 91.9 101.3 100.1 99.1
Feb« 105.2 115.6 95.0 101.5 100.2 99.2
March 105.3 115.7 95.0 101.6 100.1 99.2
April 105.7 116.8 95.0 101.8 100.5 99.3
May 106.0 117.7 95.0 101.8 100.6 99.1
June 106.1 118.2 95.1 * 101.8 100.7 99.6
July 105.9 117.5 95.3 101.8 100.7 99.7
Aug. 105.7 116.3 95.5 101.8 100.9 99.9
Sept« 105.2 121.8 96.5 101.7 100.9 99.8
Oct« 105.9 116.6 96.8 101.9 101.0 100.1
Nov. 106.8 118.9 96.9 102.2 101.3 100.2
Dec« 107.1 119.2 97.6 102.5 101.6 100.5
1916
Jan« 107.1 118.3 97.6 102.9 101.9 100.8
Feb« 107.7 118.9 98.8 103.1 102.5 101.3
March 108.9 120.5 100.1 101.5 103.1 102.2
April 110.2 122.2 101« 1 J&£ Mt.; JUBal.
May z
June e
July
Aug«
Sept«
Oct«
Nov«
Dec«
w
Jan«
Feb«
March
April
May
June
July
Aug.
Sept«
Oct« ---------
Nov«
Dec«
SOURCE: United States Department of Labor, Bureau of Labor Statistics
28
INDEX NUMBERS OF WHOLESALE PRICES OF FARM PRODUCTS
NOTE: See p. 24 (1926 =10O)
Tear Livestock Other
and All Farm Grains and Farm
Month Products Poultry Products
1913 . 71.5 71.1 73.2 70.8
1911* 71.2 77.1 71*.6 66.7
July 71.1* 69.6 76.8 69.2
1915 71.5 93.8 68.8 63.3
1916 81*.l* 99.6 82.8 78.1*
1917 129.0 170.1* 119.1* 116.2
April 125.1 169.3 120.0 108.1
1918 11*8.0 168.6 12*1.0 12*2.1 •
Nov. 150.3 158.0 12*0.1* 151.9
1919 157.6 177.1* 12*8.7 153.0
1920 150.7 176.1* . 125.1 155.3
1921 88.1* 89.1 78.2 93.8
1922 93.8 85.0 83.2 103.1*
1923 98.6 88.0 77.7 116.7
1921: 100.0 100.6 79.3 1H*.2
1925 109.8 118.3 98.9 111*.5
1926 100.0 100.0 100.0 100.0
1927 99.1* 100.9 98.9 " 99.2
1926 105.9 107.3 105.1* 105.8
1929 101*.9 97.1* 106.1 106.6 ’
1930 88.3 78.3 89.2 91.1
1931 61*.8 53.0 63.9 69.2
1932 1*8.2 39.1* 1*8.2 51.1*
1933 51.1* 53.1 1*3.1* 55.8
1931* 65.3 71*«5 51.5 70.5
1935 78.8 82.5 85.1 73.1*
1936 80.9 88.3 81*.7 76.0
1937 86.1* 98.3 95.5 77.2
1938 68.5 60.6 79.0 63.9
1939 65.3* 58.6 72.2 62.6
Aug« 61.0 51.5 -' 66.0 60.1
191*0 67.7 68.0 69.2 66.1
191*1 82.1* 76.9 91.6 77.8
Jan« 71.6 67.6 83.0 65.3
Dec« 91*.7 : 91.0 97.1* 93.1*
191*2 105.9 92.9 117.8 101.6
May 101*.1* 92.2 117.6 99.0
Sept« 107.8 93.6 122.1 102.2
Oct« 109.0 91.5 123.1* 101*.1*
191*3 122.6 116.3 128.7 119.8
May 125.7 U3.1 130.5 125.2
191*1* 123.3 126.9 121*«6 120.7
Jan« 121.8 129.5 120.8 119.5
Feb. 122.5 129.3 123.3 119.3
March 123.6 129.5 125.6 119.9
April 123.2 129.6 123.6 120.3
May 122.9 129.7 122.6 120.1*
June 125.0 127.2 123.0 121*«7
July 121*.l 125.2 123.1* 123.2
Aug. 122.6 122.5 125.1* 120.0
Sept. 122.7 121.7 127.6 119.2
Oct. 123.1* 125.1 127.1 119.9
Nov. 121*«1* 121*.8 127.0 121.8
Dec. 125.5 127.5 126.9 123.2
29
INDEX NUMBERS OF WHOLESALE PRICES OF FARM PRODUCTS
NOTE: See p. 24 (1926 = 100)
Year All Farm livestock Other
and Products Grains and Farm
Month Poultry Products
2945 128.2 129.7 232.5 124.3
Jan. 126.2 129.3 131.1 121.5
Feb. 127.0 129.8 133.8 121.4
March 127.2 129.8 135.6 120.5
April 129.0 130.5 236.4 123.2
May 129.9 129.1 135.5 125.9
June 130.4 130.2 134.4 127.2
July 129.0 128.6 133.3 125.5
Aug. 126.9 126.4 130.7 123.7
Sept. 124.3 126.6 128.5 120.3
Oct. 127.3 230.2 130.5 123.6
Nov. 131.1 132.9 231.8 129.3
Dec. 131.5 233.2 129.6 131.3
2946
Jan. 129.9 133.8 131.5 126.9
Feb. 130.8 133.9 132.7 127.9
March 133.4 236.7 133.5 131.4
April 135.4 137.0 135.1 134.2
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec. t
2947
Jan.
Feb.
March
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
SOURCE: United States Department of Labor, Bureau of Labor Statistics
30
INDEX NUMBERS OF WHOLESALE PRICES OF FOODS
NOTE: See p. 2b (1926 = 100)
Year Fruits
and All Dairy Cereal . / and -/ Meats Other
Month Foods Products Products ---' Vegetables Foods
1913 64.2 65.9 - - - - 59.8 65.9
1914 64.7 62.9 - ” “ - 62.6 66.0
July 62.9 58.2 - - - - 63.5 63.4
1915 65.4 62.4 - - - - 57.6 71.0
1916 75.7 69.7 - - - - 66.4 83.3
1917 104.5 91.5 - - - - 92.9 116.1 *
April .102.1 89.3 - - - - 86.1 116.5
1918 119.1 110.3 - - - - 115.2 123.8
Nov. 128.6 134.6 - - - - 120.8 130.4
1919 129.5 125.1 - - - - 117.6 138.0
1920 137.4 125.2 - - - - 108.0 157.9
1921 90.6 97.5 - - - - 77.4 94.3
1922 87.6 91.4 - - - - 76.6 93.6
1923 92.7 103.4 - - --- - 76.2 99.6
1924 91.0 94.5 - - - - 75.7 100.0
1925 100.2 101.1 - - - ^ 93.3 104.5
1926 100.0 100.0 100.0 100.0 100.0 100.0
1927 96.7 103.9 94.4 96.7 92.7 98.0
1928 101.0 105.5 93.6 96.5 107.0 97.6
1929 99.9 105.6 88.0 97.8 109.1 93.9
1930 90.5 95.5 81.5 96.6 98.4 80.9
1931 74.6 81.8 73.1 72.4 75.4 69.8
1932 61.0 61.3 66.4 58.0 58.2 60.7
1933 60.5 60*7 75.0 61.7 50.0 61.1
1934 70.5 72.7 88.7 67.5 62.9 66.6
1935 83.7 79.8 94.1 63.6 94.5 77.7
1936 82.1 83.9 186.2 71.9 87.8 75.9
1937 85.5 83.1 87.6 74.2 99.1 75.6
1938 73.6 72.8 78.4 58.2 83.3 67.5
1939 70.4 69.5 74.8 62.0 77.2 64.1
Aug. 67.2 67.9 71.9 58.5 73.7 60.3
1940 71.3 77.6 78.3 63.1 73.3 63.5
1941 82.7 87.3 80.7 67.5 90.4 78.9
Jan. 73.7 80.2 74.8 59.6 83.2 64.5
Dec. 90.5 95.5- 89.3 73.8 95.3 89.2
1942 99.6 100.0 89.2 95.5 111.8 92.3
May 98.9 93.5 89.0 96.7 114.8 90.6
Sept. 102.4 105.5 89.1 97.5 116.0 94.0
Oct. 103.4 109.2 89.3 98.2 115.5 954
1943 106.6 111.1 93.7 121.3 110.3 97.3
May 110.5 113.1 93.6 137.7 115.9 96 4
19hh 1DU.9 110.5 9b.8 121.3 106.1 95.0
Jan. 104.9 110.6 95.1 118.4 106.0 96.1
Feb. 104.5 110.7 95.1 120.7 106.0 93.5
Mar. 104.6 110.5 95.1 123.3 106.0 92.7
Apr. 104.9 , 110.2 95.2 126.5 106.2 92.2
May IO5.O 110.3 95.0 126.8 106.6 91.9
June 106.5 110.3 94.7 137.7 106.1 93.0
July 105.8 110.3 94.3 129.9 105.9 94.7
Aug. 104.8 110.5 94.3 122.8 105.9 94.1
Sept. IO4.2 110.7 94 4 115.9 106.0 95.5
Oct. I04.2 110.7 94.7 112.7 106.0 96.8
Nov. IO5.I 110.7 94.7 ' 113.7 106.1 99.3
Dec. IO5.5 110.7 94.7 116.2 106.2 99.7
31
INDEX NUMBERS OF WHOLESALE PRICES OF FOOLS
1 NOTE: See P. 2U (1926 • 100)
■ Tear Fruits
I and All Dairy Cereal w and Meats Other
I Month Foods Products Products Vegetables 1/ Foods
I 1945 106.2 111.1 95.2 122.8 107.8 96.6
Jan. 104.7 110.8 94.7 1U4 106.4 97.3
Feb. 104.7 110.8 94.9 118.1 106.5 95.1
I Mar. 104.6 110.8 95.1 115.9 107.7 94.7
Apr. 105.8 110.7 95.4 123.4 108.2 94.7
May 107.0 110.6 95.4 131.4 108.6 94.7
June 107.5 110.5 95.5 134.7 108.3 95.1
July 106.9 110.5 95.3 130.3 108.0 95.6
Aug. 106.4 110.6 95.1 124.3 107.9 96.8
Sept. 104.9 110.3 95.1 117.5 107.9 94.9
Oct. 105.7 110.4 95.3 116.3 107.9 98.5
Nov. 107.9 113.2 95.5 123.8 107.9 100.7
Dec. 108.6 113.8 95.7 128.7 107.9 100.6
1946
Jan. 107.3 115.0 95.8 125.7 108.1 96.2
Feb. 107.8 • 115.8 96.1 127.5 "108.1 96.5
Mar. 109.4 116.1 96.2 133.1 109.6 97.7
Apr. 110.6 116.3 99 Ji 138,2 -MaX ... 97.1,
May 1
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1947
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1/ Not computed as separate subgroups prior to 1926
Source: United States Department of Labor, Bureau of Labor Statistics
32
INDEX NUMBERS OF WHOIESAIE Hi ICES OF HIDES AND LEATHER PRODUCTS
NOTE» See p. 24 (1926 a 100)
Year All Hides Other
and and Leather Shoes Hides and Leather Leather
Month Products S^ins Products
1913 68.1 54.5 106.8 69.1 50.8
1914 70.9 56.3 113.4 72.5 51.4
July 69.7 56.0 107.2 72.5 51.4
1915 75.5 58.6 126.2 75.8 55.3
1916 93.4 69.1 151.5 107.2 64.5 *
1917 123.8 91.5 201.3 141.9 85.3
April 127.9 93.3 207.1 152.0 84.9
1918 125.7 97.9 194.2 135.3 97.2
Nov. 131.6 108.6 190.5 137.3 101.1
1919 174.1 134.7 267.4 187.5 133.1
1920 171.3 151.1 206.7 188.2 140.8
1921 109.2 111.5 89.5 111.7 118.6
1922 104.6 98.1 115.8 105.2 113.5
1923 104.2 99.1 117.6 104.1 103.7
1924 101.5 98.4 110.2 99.8 103.7
1925 105.3 100.5 118.7 104.8 102.8
1926 100.0 100.0 100.0 100.0 100.0
1927 107.7 102.6 120.3 109.2 102.8
1928 121.4 109.9 148.6 126.3 108.2
1929 ' 109.1 106.3 112.7 113.2 106.4
1930 100.0 102.0 91.0 101.3 105.5
1931 86.1 93.7 60.2 86.2 101.4
1932 72.9 86.1 42.1 65.1 90.1
1933 80.9 90.2 67.1 71.4 81.1
1934 86.6 98.1 68.6 75.0 86.6
1935 89.6, 98.0 80.8 80.1 85.0
1936 95.4 99.8 94.6 85.6 95.5
1937 104.6 105.0 113.5 96.8 102.6
1938 92.8 102.2 73.6 83.7 98.5
1939 95.6 102.6 84.6 87.5 97.1
Aug. 92.7 100.8 77.2 84.0 97.1
1940 100.8 107.6 91.9 92.5 99.9
1941 108.3 113.5 108.4 97.9 104.7
Jan. 102.4 107.4 99.1 94.4 99.7
Dec. 114.8 120.7 115.9 101.3 112.8
1942 117.7 125.7 117.6 101.3 114.9
May 118.8 126.6 121.4 101.3 115.2
Sept. 118.1 126.4 118.0 101.3 115.2
Oct. 117.8 126.4 116.0 101.3 115.2
1943 117.5 126 «4 114.7 101.3 115.2
May 117.8 126.4 116.0 101.3 115 .2
1944 116.7 126.3 109.9 101.3 115.2
Jan. 117.2 126.4 112.9 101.3 115.2
Feb. 116.9 126.4 111.0 101.3 115.2
Mar. 116.9 126.3 111.2 101.3 115.2
Apr. 116.9 126.3 111.2 101.3 115.2
May 117.0 126.3 111.9 101.3 115.2
June 116.4 126.3 108.4 101.3 115.2
July 116.2 126.3 106.8 101.3 115.2
Aug. 116.0 126.3 105.7 101.3 115.2
Sept. 116.0 126.3 106.1 101.3 115.2
Oct. 116.2 126.3 107.3 101.3 115.2
Nov. 116.2 126.3 107.1 101.3 115.2
Dec. 117.4 126.3 114.0 101.3 115.2
33
INDEX NUMBERS OF WHOIESAIE PRICES OF HIDES AND LEATHER HiODUCTS
NOTE: See p. 2k (1926 a 100)
Year All Hides Other
and and Leather Shoes Hides and Leather Leather
■Month Products Skins Products
1945 118.1 126.4 117.0 102.2 115.2
■ Jan. 117.5 126.3 114.8 101.3 115.2
1 Feb‘ 117.6 126.3 115.4 101.3 115.2
■ Mar. 117.8 126.3 116.4 101.3 115.2
I Apr. 117.9 126.3 117.0 101.3 115.2
1 May 117.9 126.3 117.0 101.3 115.2
| June 118.0 126.3 117,3 101.3 115.2
1 July 118.0 126.3 117.6 101.3 115.2
1 Aug. 118.0 126.3 117.8 101.3 115.2
1 Sept. 118.7 126.3 118.1 103.8 115.2
■ Oct. 118.6 126.3 117.6 103.8 115.2
■ Nov. 118.8 126.7 117.6 103.8 115.2
1 Dec» 118.9 126.9 117.6 104.1 115.2
1946
1 Jan. 119.4 127.9 117.6 103.8 115.2
1 Feb. 119.6 128.2 117.6 103.9 115.2
1 Mar. 119.8 128.6 117.6 lok.o 115.2
I Apr. -112A 128,6 117.6 _iok.o_ 115.2
I May
1 June
I July
I Aug. -
I Sept.
I Oct.
I Nov.
1 Dec.
1947
1 Jan.
I Feb.
1 ^r*
I Apr.
1 May
1 June
I July
1 Aug.
I Sept.
: Oct.
Nov.
Dec. ---
Source: United States Department of Labor* Bureau of Labor Statistics
697283 0—46_____3
3b
4 INDEX NUMBERS OF WHOIESAIE Ri ICES OF TEXT HE PRODUCTS
NOTE: See p. 2b (1926 4 100)
Woolen
Year All Hosiery and Other
and Textile Cotton and Worsted Textile
Month Products Clothing 1/ Goods Underwear Silk 2/ Rayon Goods Products
1*13 57.3 58.0 - «i 71.8 OB SB 53.7 62.7
1914 54.6 --- --- 56.0 sb sb 71.3 OB OB 50.5 55.0
July 55.3 * as 57.1 SB SB 73.6 SB SB 50.6 52.0
1915 54.1 » SB 52.3 s. a. 68.3 SB SB 55.0 60.3
1916 70.4 • • 68.7 * SB 87.1 SB SO 70.4 81.9
1917 98.7 •• --- 98.7 * SB 98.4 OB SB 101.7 132.2
April 88.1 SB SB 87.9 SB OB 94.9 * SB 90.3 107.8
1918 137.2 ss e» 146.6 SB * 116.4 OB SB 138.6 169.7
Nov. 142.6 SB SB 154.1 BB SB 125.2 BB SB 147.2 144.5
1919 135.3 SB SB 147.5 8» Ba 145.5 SO SB 124.3 124.2
1920 164.8 ■1 SB 190.7 WB SB 162.7 --- --- 153.7 104.5
1921 94.5 SB SB 99.5 sb s» 110.5 --- - 91.9 63.1
1922 ICO.2 SB «V 104.3 SB BB 121.0 so so 95.7 70.8
1923 111.3 * « 116.9 * --- 129.5 so so 107.5 77.4
1924 106.7 --- « 114.7 --- BB 103.1 SB OB 106.8 87.1
1925 108.3 --- SB 110.0 M BB 104.5 SB SB 110.2 104.1
1926 100.0 1C0.0 1C0.0 100.0 100.0 100.0 100.0 100.0
1927 95.6 i 95.8 97.1 91.9 87.9 82.9 97.8 98.2
1928 95.5 93.2 100.4 90.1 83.7 83.6 100.1 95.4
1929 90.4 90.0 98.8 88.5 82.7 68.4 88.3 93.1
1930 80.3 86.2 84.7 80.0 60.3 57.9 79.0 84.2
1931 66.3 75.9 66.1 60.9 43.7 41.2 68.2 75.1
1932 54.9 63.0 54.0 ' 51.6 29.5 35.4 57.7 67.9
1933 64.8 72.2 71.2 58.9 29.8 33.0 69.3 72.5
1934 72.9 82.5 86.5 63.2 25.1 31.9 79.7 73.1
1935 70.9 79.8 83.4 61.. 8 30.3 31.2 76.1 68.5
1936 71.5 81.1 ' 80.3 61.2 31.5 31.8 82.9 67.0
1937 76.3 87.9 • 84.3 65.1 32.7 33.3 91.1 68.4
1938 66.7 82.9 65.4 60.3 29.6 28.9 77.4 65.5
1939 69.7 82.0 67.2 61.4 46.1 28.8 79.8 69.2
Aug. 67.8 81.5 65.5 61.5 44.3 28.5 75.5 63.7
1940 73.8 85.2 71.4 62.3 46.8 29.5 85.7 . 74.5
1941 84.8 92.6 94.2 63.1 y 29.7 96.6 90.7
Jan. 75.2 86.6 75.8 59.9 42.5 29.5 89.2 74.8
Dec. 91.8 98.4 107.5 67.0 BB BB 30.3 102.7 96.2
1942 96.9 106.9 112.4 70.5 " BB 30.3 110.4 97.9
May 98.0 109.6 112.9 71.9 BB SB 30.3 111.0 98.3
Sept. 97.1 107.0 112.7 69.7 B* BB 30.3 111.7 97.8
Oct. 97.1 107.0 112.4 70.5 AN * 30.3 111.7 97.4
1943 97.4. 107.0 112.7 70.8 SB BB 30.3 112.5 98.8
May 97.4 107.0 112.6 70.5 SB SB 30.3 112.5 98.7
'1944 98.4 107.1 115.7 70.9 SB SB 30.2 112.7 100.6
Jan. 97.7 107.0 112.9 71.7 «B BB 30.3 112.5 100.5
Feb. 97.7 107.0 113.4 70.5 SB SB 30.3 112.5 ICO. 5
Mar. 97.8 107.0 113.6 70.5 30.3 112.5 ICC. 5
Apr. 97.8 107.0 113.9 70.5 «B OB 30.3 112.5 100.5
' May 97.8 107.0 113.9 70.5 BO SS 30.3 112.5 100.5
June 97.8 107.0 113.9 70.6 SB SB 30.3 112.5 100.5
July 98.0 107.0 114.0 70.6 SB •• 30.3 112.9 100.5
Aug. 98.4 107.0 115.9 70.6 SB as 30.3 112.9 100.5
Sept. 99.2 107.0 118.7 70.8 •• OB 30.3 112.9 100.9
Oct. 99.4 107.4 118.8 71.5 SB SB 30.3 112.9 ICO. 9
Nov. 99.4 107.4 118.8 71.5 OB SB 30.2 112.9 100.9
Dec. 99.5 107.4 119.2 71.5 --- • 30.2 112.9 100.9
35
INDEX NUMBERS OF CHOIES ALE TRICES OF TEXTIIE PRODUCTS
1 NOTE: See p. 2h. (1926 s 100)
Woolen
i Year All Hosiery and Other
1 and Textile Cotton and Worsted Textile
I Month Products Clothing 1/ Goods Underwear Silk 2/ Rayon Goods Products
I 1945 100.1 107.4 121.4 71.7 ma « 30.2 112.7 101.1
Jan. 99.6 107.4 119.7 71.5 •m * 30.2 112.7 100.9
Feb. 99.7 107.4 119.9 71.5 am * 30.2 112.7 100.9
Mar. 99.7 107.4 119.9 71.5 am am 30.2 112.7 100.9
Apr, 99.6 107.4 119.7 71.5 am mm 30.2 112.7 100.9
May 99.6 107.4 119.7 71.5 me am 30.2 112.7 100.9
June 99.6 107.4 119.7 71.5 ma am 30.2 112.7 100.9
July 99.6 107.4 119.7 71.5 me me 30^2 112.7 100.9
Aug. 99.6 107.4 119.7 71.5 me ma 30.2 112.7 100.9
Sept. 1C0.1 107.4 121.3 71.5 ma am 30.2 112.7 101.3
Oct. 101.0 107.4 125.0 71.5 am am 30.2 112.7 101.4
Nov. 101.1 107.4 125.1 71.5 ■ • 30.2 112.7 101.9
Dec. 101.4 107.4 125.5 73.5 \ ■• “ 30.2 112.7 101.9
1 1946
Jan. 101.6 107.4 125.6 75.2 30.2 112.7 101.9
Feb. 102.2 109.4 125.8 75.3 30.2 112.7 102.0
Mar. W.5 □32*1 75*5 30.2 112.7 109.6
Apr. JöZil 137.6 . 7^ 30.2 112 -7 . W»5.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1947
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1/ Not computed as separate subgroup prior to 1926
&f Includes Rayon through 1925
2/ Discontinued July 1941
Sourcet United States Department of Labor, Bureau of Labor Statistics
36
INDEX NUMBERS OF WHOLESAIE PRICES OF FUEL AND LIGHTING
NOTE: See p. 2k (1926 s 100)
Year All Fuel Petroleum
and and Anthracite Bituminous and
Month Lighting Coal Coal Coke Electricity V Gas Products
1913 61.3 58.9 38.1 46.3 - - 78.1 73.3
1914 56.6 59.6 34.8 37.5 78.4 65.8
July 55.7 59.0 34.8 38.4 * * 78.6 63.7
1915 51.8 59.5 33.9 37.8 OB BB 78.3 54.1
1916 74.3 63.9 55.5 52.0 78.0 87.3
1917 105.4 72.4 98.4 106.6 76.5 112.1
April 99.9 63.1 94.5 97.3 bb ob 77.7 107.0
1913 109.2 82.3 81.4 100.9 --- bb 79.4 135.3
Nov. 114.3 97.5 81.9 104.2 BB BB 85.6 139.9
1919 104.3 75.8 79.8 84.4 BB BB 86.4 128.0
1920 163.7 92.5 165.4 162.3 BB BB 98.2 183.5
1921 96.8 92.5 77.7 90.6 BB BB 115.6 104.4
1922 107.3 95.3 113.1 119.1 BB BB 110.3 102.9
1923 97.3 100.8 113.4 118.8 BB BB 104.8 82.6
1924 92.0 98.6 99.7 97.2 bb OB 102.9 83.5
1925 96.5 99.7 96.5 97.7 bb Be 101.9 95.0
1926 100.0 100.0 100.0 100.0 100.0 100.0 100.0
1927 88.3 96.3 100.3 94.4 102.9 98.0 72.7
1928 84.3 91.7 93.6 84.6 96.6 94.9 72.0
1929 83.0 90.1 91.3 84.6 94.5 93.1 71.3
1930 78.5 89.1 89.4 84.0 97.7 97.3 61.5
1931 67.5 91.1 84.6 82.4 98.8 98.7 39.5
1932 70.3 88.4 82.0 77.7 104.7 101.3 45.4
1933 66.3 82.2 82.8 77.9 94.3 97.5 41.0
1934 73.3 80.1 94.5 84.8 91.8 93.4 50.5
1935 73.5 79.7 96.7 88.6 . 87.8 89.3 51.3
1936 76.2 80.5 97.4 94.7 83.4 85.2 57.3
1937 77.6 77.8 98.6 103.1 80.4 82.4 60.5
1938 76.5 78.0 99.0 104.8 84.9 86.1 55.9
1939 73.1 75.8 97.5 105.6 78.6 84.1 52.2
Aug. 72.6 72.1 96.0 x 104.2 75.8 86.7 51.7
1940 71.7 78.9 97.6 110.2 74.5 82.0 50.0
1941 76.2 82.7 104.3 119.3 68.3 78.6 57.0
Jan. 72.1 81.1 100.4 113.8 72.5 77.5 50.0
Dec. 78.4 85.3 108.0 122.2 67.4 77.4 59.8
1942 73.5 85.5 109.7 122.1 63.8 78.4 59.8
May 78.0 85.3 108.5 122.1 63.8 79.9 59.1
Sept. 79.0 85.7 110.4 122.1 62.6 81.1 60.6
Oct. 79.0 85.7 111.0 122.1 61.9 79.2 60.6
1943 80.8 90.4 116.1 122.7 59.5 76.5 62.5
May 80.8 89.7 116.1 122.4 59.5 77.5 62.5
1944 83.0 95.6 120.3 130.3 59.6 77.2 63.9
Jan. 82.3 95.0 119.8 126.2 59.4 76.7 63.5
Feb. 83.1 97.'8 119.9 130.7 60.1 77.2 64.0
March 83.0 95.6 120.1 130.7 59.0 76.7 64.0
April 83.0 95.8 120.3 130.7 59.9 77.1 64.0
May 83.2 96.4 120.4 130.7 59.0 78.4 64.0
June 83.3 95.5 120.4 130.7 59.3 79.3 64.0
July 83-2 95.4 120.5 130.7 59.5 78.9 64.0
Aug. * 83.2 95.4 120.5 130.7 59.0 76.0 63.9
Sept. 83.0 95.4 120.6 130.7 60.3 76.8 63.8
Oct. 82.9 95.2 120.5 130.7 59.6 76.0 63.8
Nov. 83.1 95.3 120.5 130.7 60.1 77.3 63.8
Dec. 83.1 95.3 120.5 130.7 59.9 74.6 63.8
37
INDEX NUMBERS OF WHOLESALE PRICES OF FUEL AND LIGHTING
NOTE: See p. 2k (1926 s 100)
Year All Fuel Petroleum
and and Anthracite Bituminous and
Month Lighting Coal Coal Coke Electricity •» Gas Products
1945 84.0 99.0 123.1 132.5 62.3 77.9 63.5
Jan« 83.3 95.3 120.5 130.7 60.0 75.7 64.3
Feb. 83.3 95.3 120.5 130.7 61.1 76.9 64.3
March 83.4 95.3 120.6 130.7 59.0 77.7 64.3
April 83.5 95.3 120.6 130.7 58.7 77.0 64.2
May 83.7 95.6 123.2 130.7 53.5 76.4 64.2
June 83.9 97.5 123.8 131.0 59.6 78.0 64.2
July 84.3 101.6 123.9 131.0 60.3 77.8 64.2
Aug. 84.8 101.8 124.7 134.0 61.5 78.0 64.2
Sept. 84.1 102.2 124.7 134.9 65.5 80.2 62.6
Oct. 84.2 102.2 124.8 134.9 66.7 79.8 62.1
Nov. 84.6 102.2 124.8 134.9 68.0 79.1 61.7
Dec. 84.8 103.4 125.0 134.9 68.7 77.7 61.6
1946
Jan. 84.9 103.9 125.1 134.9 69.2 77.4 61.5
Feb. 85.1 104.0 125.1 134.9 71.3 79.1 61.6
March ’_O_ M.Q 125.2 UU.9 79.6 61.2
April 86.1 M.o 125*2 X33.5 _É2±ÎL
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1947
Jan.
Feb.
March
April
May
June
July
Aug.
Sept,
Oct.
Nov.
Dec.
1/ Not computed as separate subgroup prior to 1926
Source: United States Department of Labor, Bureau of Labor Statistics
38
INDEX NUMBERS OF WHOIESAIE PRICES OF METAIS AND METAL PRODUCTS
NOTE: See p. 2b (1926 e 100)
All Metals
Year and Agricul- Iron Non-
and Metal tural and Motor ferrous
Month Products Implements Steel Vehicles Metals
1913 . 90.8 72.9 70.9 147.5 88.9
1914 80.2 73.1 61.4 125.0 76.3
July 79.1 73.1 59.5 124.9 75.1
1915 86.3 71.2 64.7 115.5 108.6
1916 116.5 71.0 1C9.7 107.6 160.2
1917 150.6 86.3 176.7 110.4 165.7
April 150.9 86.1 170.0 109.7 183.9
1918 136.5 114.0 147.0 121.0 144.4 .
Nov. 143.5 1U.3 150.5 137.5 150.3
1919 130.9 113.8 130.0 142.5 118.9
1920 149.4 111.9 157.1 160.7 118.3
1921 117.5 111.4 109.4 143.4 78.3
1922 102.9 88.2 98.1 116.6 83.5
1923 109.3 98.8 117.3 108.7 95.3
1924 106.3 105.7 109.4 107.5 93.0
1925 103.2 100.4 102.2 105.3 101.4
1926 100.0 100.0 100.0 100.0 1C0.0
1927 - 96.3 99.7 94.2 96.1 92.8
1928 , 97.0 99.3 93.5 97.1 94.0
1929 100.5 98.7 94.9 100.0 106.1
1930 92.1 95.0 89.1 94.0 82.4
1931 84.5 92.1 83.3 89.5 61.9
1932 80.2 84.9 79.4 87.1 49.8
1933 79.8 83.5 78.6 83.2 59.6
1934 86.9 89.6 86.7 87.6 67.7
1935 86.4 93.7 86.7 84.1 68.6
1936 87.0 94.2 87.6 83.3 71.6
1937 95.7 94.0 98.2 89.3 89.6
1938 95.7 95.5 98.6 95.4 72.8
1939 94.4 93.4 95.8 93.4 78.0
Aug. 93.2 93.5 95.1 92.5 74.6
1940 95.8 92.5 95.1 96.7 81.3
1941 99.4 93.5 96.4 103.3 84.4
Jan. 97.7 92.7 95.7 100.3 83.6
Dec. 103.3 96.4 97.0 112.4 84.8
1942 103.8 96.9 97.2 112.7 85.7
May 103.9 96.9 97.2 112.8 85.6
Sept. 103.8 96.9 97.2 112.8 86.0
Oct. 103.8 96.9 97.2 112.8 86.0
1943 103.8 96.9 97.2 .112.8 86.0
May 103.8 96.9 97.2 112.8 86.0
1944 103.8 97.3 97.2 112.8 85.8
Jan. 103.7 97.0 97.1 112.8 85.9
Feb. 103.7 97.0 97.1 112.8 85.8
Mar. 103.7 97.1 97.1 112.8 85.8
Apr. 103.7 97.2 97.1 112.8 85.8
May 103.7 97.2 97.1 112.8 85.8
June 103.7 97.2 97.1 112.8 85.8
July 103.7 97.3 97.1 112.8 85.7
Aug. 103.8 97.5 97.1 112.8 85.8
Sept. 103.8 97.5 97.2 112.8 85.8
Oct. 103.7 97.5 97.1 112.8 85.8
Nov. 103.7 97.5 97.1 112.8 85.8
Dec • 103.8 97.5 97.2 112.8 85.8
39
INDEX NUMBERS OF WHOLESALE PRICES OF METAIS AND METAL PRODUCTS
NOTES See p. &____________________________________(1926 ₛ 100)______________________________________________________
All Metals'
Year and Agricul- Iron Non-
and Metal tural and Motor ferrous
Month Products Implements Steel Vehicles Metals
1945 104.7 97.8 99.2 112.8 85.8
Jan. 104.0 97.5 97.7 112.8 85.9
Feb. 104.2 97.5 98.0 112.8 85.9
Mar. 104.2 97.5 98.1 112.8 85.9
Apr. 104.2 97.5 98.1 112.8 85.9
May 104.3 97.5 98.4 112.8 85.9
June 104.7 97.6 99.1 112.8 85.9
July 104.7 97.7 99.1 112.8 85.9
Aug. 104.7 97.8 99.1 112.8 85.8
Sept. 104.9 97.9 99.6 112.8 85.7
Oct. 105.0 97.9 99.8 112.8 85.7
Nov. 105.2 98.1 100.2 112.8 85.8
Dec. 105.6 • 98.1 101.0 112.8 85.8
1946
Jan. 105.7 98.1 101.2 112.8 85.7
Feb. 106.6 98.1 103.3 112.8 85.7
Mar. 108. U 98.5 107.0 112.8 86.1
Apr. 108.8 98.6 107.11 -132^. 87.1
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1947
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Source; United States Department of Labor, Sureau of Labor Stati sties
ho
INDEX NUMBERS OF ’/WHOLESALE PRICES' OF BUILDING MATERIALS
NOTE: See p. 2b (1926 = 100)
All Paint Other 1
Year Build- Brick and Plumbing Struc- Build-
and ing and Cement Lumber Paint and turai ing
Month Mate- Tile Mate- Heating 1/ Steel Mate-
rials rials, rials
1913 56.7 38.9 59.6 54.0 50.8 - - 77.1 63.1
1914 52.7 38.8 55.0 49.9 50.7 --- --- 60.0 59.7
July 52.9 38.8 55.1 50.2 51.5 58.7 ’ 59.4
1915 53.5 39.1 51.0 , 48.7 54.8 --- • 65.3 65.1
1916 67.6 42.4 65.4 55.1 77.1 128.9 87.8
1917 88.2 50.2 30.3 . 72.2 95.3 190.8 114.0
April 87.0 49.7 80.3 71.4 91.8 --- * 191.5 112.2
1918 98.6 66.7 94.6 33.5 121.9 --- MB 153.2 121.0
Nov. 101.8 73.7 99.1 83.7 133.8 --- --- 153.2 126.9
1919 115.6 91.9 , 102.3 113.0 140.3 128.7 116.8
1920 150.1 118.4 117.2 165.2 148.1 144.4 135.0
.1921 97.4 105.7 110.8 83.9 33.9 • •• 104.4 111.1
1922 97.3 99.4 103.5 99.1 93.8 • MB 88.5 95.3
1923 108.7 103.6 107.9 111.8 101.3 * «M 123.7 105.5
1924 102.3 103.4 105.7 99.3 99.7 MB MB 114.2 104.0
1925 101.7 100.1 102.6 ICC .6 109.3 • • 102.2 100.4
1926 100.0 100.0 100.0 1CC.0 100.0 100.0 1C0.0 100.0
1927 94.7 95.7 95.4 93.1 96.3 92.0 94.7 95.4
1928 * 94.1 95.6 92.5 90.5 93.1 95.1 95.2 96.7
1929 95.4 94.3 89.0 93.8 94.9 95.0 98.1 97.7
1930 89.9 59.8 39; 8 35.8 90.5 88.6 87.3 93J
1931 79.2 83.6 74.8 69.5 79.4 34.7 83.1 84.8
1932 71.4 77.3 74.3 58.5 71.1 66.8 80.9 79.5
1933 77.0 79.2 88.1 70.7 73.3 67.1 83.1 82.7
1934 86.2 90.2 93.1 84.5 79.5 72.6 90.8 90.3
1935 85.3 89.4 92.7 81.8 79.8 68.9 92.0 90.1
1936 86.7 88.7 92.2 87.0 80.1 75.Q 95.0 90.2
1937 95.2 93.5 89.0 99.7 83.4 78.8 113.2 99.1
1938 90.3 91.0 90.3 87.4 81.3 73.5 111.0 92.7
1939 90.5 91.4 91.3 93.2 82.8 79.2 107.3 90.3
Aug« 89.6 90.5 91.3 90.1 82.1 79.3 107.3 89.5
1940 94.8 90.5 90.8 102.9 85.7 80.4 107.3 93.3
1941 103.2 93.7 92.0 122.5 91.4 84.8 107.3 98.3
Jan. 99.6 91.3 90.8 118.4 86.7 80.5 107.3 94.9
Dec. 107.8 96.7 93.4 129.4 96.5 89.1 1C7.3 102.5
1942 110.2 98.0 94.0 133.0 100.3 95.4 107.3 103.5
May 110.1 98.0 94.2 131.5 100.6 .98.5 107.3 103.8
Sept. 110.4 98.7 94.2 133.2 ICO .4 94.1 107.3 103.3
Oct. 110.4 98.7 94.2 133.3 101.0 94.1 107.3 103.3
1943 111.4 99.1 93.8 141.4 102.3 90.7 107.3 102.0
May 110.5 98.9 93.9 138.1 102.2 90.4 107.3 101.6
1944 115.5 101.7 95.8 153.3 105.2 92.2 107.3 103.1
Jan. 113.5 ICO. 2 93.6 148.1 103.5 91.8 1C7.3 102.8
Feb. 113.6 100.1 93.6 143.9 1C3.9 91.8 107.3 102.8
March 114.2 10G.3 93.6 151.3 1C4.4 91.8 107.3 102.8
April 115.2 100.3 93.9 154.1 1C4.4 91.8 107.3 102.8
May 115.7 100.5 96.4 154.7 1C4.7 92.4 107.3 103.0
June 115.9 ICO.6 96.4 154.7 105.7 92.4 ' 107.3 103.0
July 115.9 100.7 96.4 154.8 105.5 92.4 107.3 103.1
Aug. 116.0 100.7 96.4 154.9 105.5 92.4 107.3 103.2
Sept. 116.0 101.5 96.9 154.5 105.5 92.4 1C7.3 103.3
Oct. 116.3 104.8 97.5 154.2 106.0 92.4 107.3 103.3
Nov. 116.4 105.0 97.7 154.2 106.3 92.4 107.3 103.3
Dec. 116.4 105.3 97.5 154.3 106.3 92.4 107.3 103.3
INDEX NUMBERS OF WHOIESAIE PRICES OF BUILDING MATERIALS
NOTE: See p. 21* (1926 = 100)
All Paint Other
Year Build- Brick and Plumbing Struc- Build-
1 and ing and Cement Lumber Paint and tural ing
1 Month Mate- Tile Mate- Heating 1/ Steel Mate-
rials rials rials
11945 117.8 112.4 99.4 15 5.1 106.9 93.4 107.3 104.4
1 Jan. 116.8 110.4 97.4 154.2 106.3 92.4 107.3 103.5
I Feb. 117.0 110.5 99.0 154.4 106.4 92.4 107.3 103.6
I March 117.1 110.7 99.4 154.3 106.3 92.4 107.3 103.8
I April .117.1 110.6 99.4 154.4 106.3 92.4 107.3 103.8
1 May 117.3 110.7 99.4 154.9 106.4 92.4 107.3 104.1
| June 117.4 110.9 99.4 154.9 106.3 92.6 107.3 104.3
July 117.5 111.7 99.4 155.1 106.1 92.6 107.3 104.3
I Aug. 117.8 111.6 99.4 155.3 107.3 93.4 107.3 104.3
1 Sept. 118.0 112.4 99.6 155.0 107.6 95.0 107.3 104.5
Oct. 118.3 115.2 99.9 155.2 107.6 95.0 ’ 107.3 104.6
Nov. 118.7 116.7 100.1 155.5 107.7 95.0 107.3 105.4
Dec. 119.5 116.7 100.5 157.8 107.8 95.0 107.3 105.9
1 1946
Jan. 120.0 116.9 101.1 158.5 107.8 95.0 107.3 106.6
1 Feb. 120.9 116.9 101.5 160.1 107.3 95.1 113.7 107.2
March 12h.9 117.4 102.3 167.6 107.8 95.1 120.1 112.3
I April 126.$ 119.9 102 J* 171.4 108.0 100.8 120.1 112.8
May
June
Juiy
Aug.
I Sept.
Oct.
Nov.
Dec.
10/7
Jan.
Feb.
March
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec. _______
1/ Not computed as separate subgroup prior to 1926
Source: United States Department of Labor, Bureau of Labor Statistics
INDEX NUMBERS OF WHOIESALE TRICES OF CHEMICAIS AND ALLIED TRODUCTS
NOTE: See p. 2k (1926 s 100)
All Drugs
Year Chemicals Chemicals and Ferti- Mixed Oils
and and Allied , Pharma- lizer Ferti- and 2/
Monti Products ceuticals Materials lizer Fats
1913 80.2 89.4 56.6 85.5 84.3
1914 81.4 91.0 60.8 78.3 85.5
July 77.9 86.1 56.7 77.4 85.5 MB
1915 112.0 127.8 82.9 133.7 92.0
1916 160.7 196.9 88.8 2Ò5.2 142.2
1917 165.0 187.6 108.3 228 0 137.7
April 156.5 181.4 90.8 223.6 137.7
1918 182.3 187.3 130.2 236.9 195.0
Nov. 178.0 180.9 133.4 217.9 195.0 «
1919 157.0 U5.8 113.7 191.8 221.7 OB
1920 164.7 166.5 119.8 211.6 177.1 - «
1921 115.0 108.9 96.2 117.9 162.5
1922 100.3 97.2 93.3 102.3 119.0
1923 101.1 100.6 95.7 102.5 107.4 OB
1924 98.9 102.2 95.8 92.6 95.9 OB CO
1925 101.8 104.1 97.7 98.8 100.4
1926 100.0 100.0 100.0 100.0 100.0 100.0
1927 96.1 99.5 86.0 98.4 90.3 92.5
1928 95.0 98.6 67.8 100.1 96.1 95.4
1929 94.0 99.7 66.8 95.6 95.2 89.0
1930 88.7 96.9 63.8 87.8 91.9 71.0
1931 79.3 90.2 59.2 76.6 80.5 48.9
1932 73.9 88.8 55.0 63.7 68.4 4O.O
1933 72.1 86.8 54.6 62.9 64.0 39.4
1934 75.3 86.8 74.8 64.6 72.0 40.6
1935 79.0 88.6 77.6 63.5 71.0 61.7
1936 78.7 87.9 80.1 63.3 68.5 63.2
1937 82.6 88.2 86.6 69.0 73.8 76.8
1938 77.0 86.4 79.0 67.0 72.6 49.6
1939 76.0 84.7 78.2 67.9 73.0 48.4
Aug. 74.2 , 83.8 77.1 65.5 73.1 40.6
1940 77.0 85.1 88.9 69.4 73.8 44.3
1941 84.4 87.2 102.6 73.5 76.0 77.6
Jan. 78.6 85.6 96.5 70.7 75.2 46.2
Dec. 90.4 88.6 112.5 77.8 81.2 101.9
1942 95.5 96.2 116.0 78.7 82.7 IO5.I
May 96.5 96.5 119.7 79.0 82.8 108.6
Sept. 95.3 96.3 119.4 78.2 82.8 101.5
Oct. 95.3 96.2 119.2 78.3 82.8 101.5
1943 94.9 96.5 106.2 80.0 86.1 101.9
May 94.8 96.4 106.1 80.0 86.1 102.0
1944 95.2 96.1 108.8 81.3 86.4 102.0
Jan. 95.0 96.3 106.3 81.3 86.5 102.0
Feb. 95.0 96.3 106.4 81.4 86.3 102.0
Mar. 95.0 96.3 106.4 81.4 86.3 102.0
Apr. 95.5 96.3 112.0 81.4 86.3 102.0
May 95.5 96.3 112.0 81.4 86.3 102.0
June 95.3 96.2 112.0 79.9 86.3 , 102.0
July 95.5 96.2 112.0 81.1 86.3 102.0
Aug. 95.5 96.2 112.0 81.2 86.6 102.0
Sept. 94.9 96.0 106.9 81.2 86.6 102.0
Oct. 95.0 96.0 106.9 81.8 86.6 102.0
Nov. 94.8 95.5 106.9 81.8 86.6 102.0
Dec. 94.8 95.6 106.9 81.8 86.6 102.0
i
to
INDEX NUMBERS OF WHOLESALE PRICES OF CHEMICALS AND ALLIED PRODUCTS
NOTE» See p. (1926 a 100)
i i
All Drugs
1 year Chemicals Chemicals and Ferti- Mixed Oils
1 and and Allied . Pharma- lizer Ferti- and
I Month Products ■=/ ceuticals Materials lizer Fats
I 1945 95.2 96.1 109.0 81.6 86.6 102.0
Jan. 94.9 95.8 106.9 81.9 86.6 102.0
Feb. 94.9 95.8 106.9 81.9 86.6 102.0
Mar. 94.9 95.8 106.8 81.9 86.6 102.0
Apr. 94.9 95.8 106.8 81.9 86.6 102.0
May 94.9 95.8 106.8 81.9 86.6 102.0
June 95.0 95.9 109.5 80.4 86.6 102.0
July 95.3 96.1 110.2 81.1 86.6 102.0
Aug. 95.3 96.1 110.2 81.1 86.6 102.0
Sept. 95.3 96.1 110.2 81.1 86.6 102.0
Oct. 95.5 96.4 110.3 81.9 86.6 102.0
Nov. 95.7 96.7 110.7 81.9 86.6 102.0
Dec. 96.1 97.1 , 112.3 81.9 86.6 102.0
1 1946
Jan. 96.0 97.1 112.1 81.9 86.6 101.7
Feb. 95.9 97.0 111.5 81.9 86.6 101.8
Mar. 96.0 97.0 111.7 81.9 86.6 102.1
Apr. 96.1 97.1 112.4 1 81.9 86.6 102.1
May *
June
July
Aug.
Sept.
Oct. X
Nov.
Dec.
1947
Jan.
Feb.
Mar.
Apr.
May •
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
AlíThemicals and drugs until 1926 2/ Not available prior to 1926
source: United States Department of Labor, Bureau of Labor Statistics
Ui
INDEX NUMBERS OF WHOIESAIE PRICES OF HOUSEFURNISHING GOODS
NOTE: See p. 2b (1926 s 100) -
Year All
and Housefurnishing Furnishings Furniture
Month Goods
1913 56.1 47.5 70.7
1914 56.5 48.2 70.6
July 56.7 48.4 70.7
1915 56.0 47.1 70.9
1916 61.4 54.8 72.8
1917 74.2 70.3 81.7
April 70.0 64.8 k 79.3
1918 93.3 94.5 93.3
Nov. 99.2 101.0 98.4
' 1919 105.9 101.4 114.7
1920 141.8 228.5 165.6
1921 113.0 103.3 129.9
1922 103.5 97.0 114.6
1923 108.9 104.8 116.7
1924 104.9 103.4 107.9
1925 103.1 102.2 104.6
1926 100.0 ' 100.0 100.0
1927 97.5 97.4 97.7
1928 95.1 93.7 96.7
1929 94.3 93.6 95.0
1930 92.7 91.4 94.0
1931 84.9 82.2 88.0
1932 75.1 75.4 75.0
1933 75.8 76.6 75.1
1934 81.5 84.1 79.0
1935 80.6 84.2 77.0
1936 81.7 85.3 78.0
1937 89.7 93.4 85.9
1938 86.8 90.8 82.8
1939 86.3 91.1 81.3
Aug. 85.6 - 90.0 81.1
1940 88.5 94.7 81.8
1941 94.3 99.9 88.4
Jan. 89.0 95.2 82.6
Dec. 101.1 105.6 96.6
1942 102.4 107.3 97.4
May 102.9 • 108.1 97.5
Sept. 102.5 ‘ 107.4 97.4
Oct. 102.5 107.3 97.4
1943 102.7 107.2 98.1
May 102.7 107.3 98.0
1944 104.3 107.3 101.4
Jan. 104.5 107.1 102.0
Feb. 104.2 107.1 101.4
Mar. 104.3 107.2 101.4
Apr. 104.3 107.2 101.4
May 104.3 107.2 101.4
June 104.3 107.2 101.4
July 104.3 107.2 * v 101.4
Aug. 104.4 107.4 101.4
Sept. 104.4 107.4 101.4
Oct. 104.4 107.4 101.4
Nov. 104.4 107.4 101.5
Dec. 104.4 107.4 101.5
45
INDEX NUMBERS OF WHOLESALE TRICES OF HOUSEFURNISHING GOODS
NOTE: See p* 24________________________________(1926 ₌ 100)
Year All
and Housefurnishing Furnishings Furniture
Jis®>.___ ______Goods__
1945 104.5 1O7‘6 101.5
Jan, 104.5 107.5 101.5
Feb. 104.5 107.5 * 101.5
Kar. 104.5 107.5 101.5
Apr. . 104.5 107.5 101.5
May 104.5 107.5 101.5
June 104.5 107.5 101.5
July 104.5 107.5 101.5
Aug. 104.5 107.5 101.5
Sept. 104.6 107.7 101.5
Oct. 104.7 ' 107.9 101.6
Nov. 104.7 107.9 101.6
Dec. 104.7 107.9 101.6
1946 106.2 109.7 102.8
Jan. 106.5 110.1 102.9
Feb. 106.9 110.9 102.9
Mar. 107,5 112.1 , 102.9
Apr. ------ ---^---fc--- / ---i---^.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1947
Jan.
Feb.
Mar.
Apr*
May
June
July
Aug.
■ Sept.
Oct. •
Nov.
Dec.
Sources United States Department of Labor, Bureau of Labor Statistics
INDEX ÑUMBERS OF WIESALE PRICES OF MISCELLANEOUS COMMODITES
U
NOTE: See p* 2h (1926 s 100)
Auto *
Year All Tires Paper Other
and Miscel- and Cattle and Rubber, Miscel-
Month laneous Tubes Feed Pulp Crude laneous
1913 93.1 207.2 82.2 59.4 170.2 64.4
1914 39.9 173.1 87.6 58.2 135.2 64.5
July 88.1 170.7 85.8 57.7 124.3 64.3
1915 36.9 155.1 89.1 56.7 135.4 64.3
1916 100.6 160.4 95.5 89.0 I5O.O 68.5
1917 ‘ 122.1 198.0 I4O.2 112.7 149.2 78.6
April 124.7 198.5 I45.O 122.0 167.5 72.3
1918 134.4 229.2 146.2 106.7 124.4 107.6
Nov. 142.3 234.8 145.7 123.3 125.3 113.7 .
1919 139.1 209.2 185.7 II5.I 100.7 120.5
1920 167.5 . . 232.5 184.3 181.8 72.6 150.2
1921 109.2 179.0 89.2 107.6 ’ 34.4 107.5
1922 92.8 II5.4 107.3 91.6 36.0 100.4
1923 99.7 109.5 113.5 , 102.8 61.3 102.0
1924 93.6 92.6 110.2 100.7 54.3 100.8
1925 109.0 93.6 112.7 IO5.2 149.9 99.6
1926 100.0 100.0 100.0 100.0 100.0 100.0
1927 91.0 74.9 117.8 93.3 77.9 98.8
1928 85.4 63.4 138.1 91.4 46.4 96.9
1929 82.6 54.5 121.6 88.9 42.3 93.4
1930 77.7 51.3 99.7 86.1 24.5 95.5
1931 69.8 46.0 62.7 31.4 12.8 88.0
1932 64.4 41.1 46.O 75.5 7.3 83.7
1933 62.5 42.1 57.9 76.6 12.2 76.2
1934 ' 69.7 44.9 89.4 82.7 26.5 82.1
1935 68.3 45.7 88.3 80.0 25.4 80.0
1936 70.5 47.2 94.4 80.7 34.2 81.1
1937 77.8 55.8 110.5 91.7 40.5 84.7
1938 73.3 57.7 76.9 85.0 30.5 81.5
1939 74.8 59.5 83.3 82.4 37.2 82.6
Aug. 73.3 60.5 68.4 80.0 34.9 31.3
1940 77.3 57.8 87.8* 91.7 41.5 84.1
1941 82.0 61.0 101.2 98.2 46.1 87.8
Jan. 77.1 58.2 89.1 93.1 41.0 82.8
Dec. 87.6 67.4 124.4 102.5 46.3 92.4
1942 89.7 * 72.5 134.4 100.8 46.3 93.4
May 90.5 73.0 I4O.4 102.8 46.3 93.5
Sept. 88.8 73.0 124.2 98.8 46.3 92.7
Oct. 88.6 73.0 123.8 98.8 46.3 92.4
1943 92.2 73.0 152.7 IO4.I 46.2 95.8
May 91.9 73.0 I5O.6 IO4.3 46.2 95.2
1944 93.6 73.0 159.6 107.1 46.2 97.0
Jan. 93.2 73.0 159.6 106.0 46.2 96.7
Feb. 93.4 73.0 159.6 106.6 46.2 96.7
Mar. 93.5 73.0 159.6 107.2 46.2 96.7
Apr. 93.5 73.0 159.6 107.2 46.2 96.7
May 93.5 73.0 159.6 107.2 46.2 96.8
June 93.5 73.0 159.6 107.2 46.2 96.7
July 93.6 73.0 159.6 107.2 46.2 96.9
Aug. 93.6 73.0 159.6 107.2 46.2 96.9
Sept. 93.6 73.0 159.6 107.2 46.2 97.0
Oct. 93.6 73.0 159.6 107.2 46.2 97.0
Nov. 94.0 73.0 159.6 107.2 46.2 97.8
Dec. 94.2 73.0 159.6 107.3 46.2 98.2
47
INDEX NUMBERS OF WHOIESAIE TRICES OF MISCELLANEOUS COMMODITIES
NOTE: See p. 24 (1926 ■ 100)
Auto
Tear All / Tires Paper Other
and Miscel- ( and Cattle and Rubber, Miscel-
Month laneous ' Tubes Feed Pulp Crude laneous
1945 94.7 73.0 159.6 108.8 46.2 98.9
Jan. 94.2 73.0 159.6 107.6 46.2 98.2
Feb. 94.6 73.0 159.6 108.0 46.2 98.9
Mar. 94.6 73.0 159.6 108.0 46.2 98.9
Apr. 94.8 4 73.0 159.6 109.0 46.2 98.9
May 94.8 73.0 159.6 109.0 46.2 98.9
June 94.8 73.0 159.6 109.0 46.2 98.9
July 94.8 73.0 159.6 109.0 46.2 98.9
Aug.' 94.8 73.0 159.6 109.3 46.2 98.9
Sept. 94.8 73.0 159.6 109.3 46.2 98.9
Oct. 94.8 73.0 159.6 109.3 46.2 98.9
Nov. 94.8 73.0 159.6 109.3 46.2 98.9 '
Dec. 94.8 73.0 159.6 109.3 46.2 98.9
1946
Jan. 95.3 73.0 159.6 112.0 46.2 98.9
Feb. 95.6 73.0 159.6 113.7 46.2 98.9
Mar. 95.6 73.0 159.6 113.7 46.2 98.9
Apr. 95.7 -73^0, _.^L J&L _22.1L
May
June 4
July
Aug.
Sept.
Oct.
Nov.
Dec.
1947
Jan.
Feb. »
Mar.
Apr.
May
June
July
Aug.
Sept. \
Oct.
Nov.
Dec.
Source: United States Department of Labor, Bureau of Labor Statistics
48
PRICES
Prices Received and Paid by Farmers and Parity Price Ratio
These series are compiled by the Bureau of Agricultural Economics, United States Department of Agriculture, and published in the Bureau’s monthly publication Agricultural Prices»
Prices Received by Fanners: - This index is based on price quota-iions as of the th of the month for 48 farm products, 35 crops and 13 livestock and products, grouped as follows: Crops: food grains, feed grains and hay, tobacco, cotton, fruits, truck crops, and oil-bearing crops; livestock and products: meat animals, dairy products, and poultry and eggs. The price quotations are obtained from an average of about 10,000 fanners at local markets throughout the country.
An unweighted average price of each product is obtained for each of the. crop-reporting districts in a state, which varies from one in seme of the New England States to 10 in Texas. All varieties of each product are included. Except for meat animals, these simple price averages are weighted by Census production figures to give a State average for each product. The State averages are weighted by Crop Reporting Board production figures to give a national average. Shipment and slaughter-house figures are used to weight the price of meat animals.
Group indexes are derived from the weighted price averages by means of the weighted aggregate method, with fixed quantity weights. The weights are the quantities sold in the period 1935-59» The indexes are put on a 1910-1914 base (actually August 1909 - July 1914) •
In calculating the composite index, each group index is weighted by the total contribution to cash farm income from agricultural marketings of all agricultural commodities of its class including products not covered by the group index.
Prices of some farm products have a pronounced seasonal variation and are adjusted before they are combined into group index numbers»
For a more detailed description of this series, see the Bureau’s publications: Index Numbers of Prices Received by Farmers, 1910-1943» and Index lumbers 0/ Prices deceived by Panners for Farm Tracts, BO3?;----------------- --------------------------------
Prices Paid by Farmers: - The index of prices paid by farmers measureST-HEcTove^^ that occur in the level of prices
charged to farmers and their families for the articles they buy far family maintenance and for farm production» It is based on price quotations received from about 20,000 retail merchants who sell to farmers in all parts of the United States. The series includes 180 commodities, 86 of which are for family maintenance and 94 for farm production.
49
PRICES
Prices Paid by Farmers: (Continued)
Nationwide prices paid for individual commodities are obtained as weighted averages of prices prevailing in the State, the weights being estimated purchases* Commodity sub-group indexes are derived from the weighted price averages by means of the weighted aggregate method, with fixed quantity weights. The weights are the average quantities purchased per farm during the period 19211-1929. The sub-group indexes are put on a 1910-19lb base.
The commodity sub-group indexes are combined into two group indexes, one for items for family maintenance and the other for items used for farm production, by weighting each sub-group according to its relative importance in the average expenditures per farm from 192h to 1929. These two group indexes are combined into a single index, which is further combined with the index of interest per acre on farm mortgages and the index of taxes per acre on farm real estate to form the composite index of prices paid by farmers for commodities, interest and taxes.
The percentage weights used in the construction of the composite index of prices paid by farmers for all commodities, interest and taxes (based on the average annual expenditures per farm in the period 192h-1929) are as follows:
COMMODITIES USED FOR FAHILT LIVING
Total ••••••••••••• h8.6
Food .................... 17«5
Clothing •••••••••••••••••••• 1^.8
Supplies (fuel, kerosene, soap, gasoline, tires« and oil for automobiles, etc... 6.8
Furniture and furnishings ... 2.9
Building materials for house ••••••••••••••••••••• 3*6
Automobiles (share, used for living) .•••••••••••••••••• 3*0
INTEREST (charges per acre on farm real estate debt)
7.2
COMMODITIES.USED IN PRODUCTION
Total....... 37.H
Feed ••.•••••••.••••••••• 10.1
Machinery •••••••••••••** U.2 Automobiles (share used
for farm business) and
trucks •••••••••••••••• Iu5 Tractors •••••••••••••••• 1.2 Fertilizer •••••••••••••• 3.2 Building and fencing
materials •••..•••••••» 5.9
Equipment and supplies (gasoline, oil, tools, harness, twine, insecticides, containers, etc.) 6.9
Seed ........•••••••••••• 1.U
TAXES (payable per acre on
farm real estate) ••••• 6.6
The two group indexes in the composite index of prices paid by farmers are shown separately in the Handbook, namely, prices paid by fanners for family maintenance anTprices paid by farmers for production commodities.
Parity Price Ratio:, — The parity price ratio is the ratio of the I7i(Iexox*"pric(3^^ by farmers to the index of prices paid by
farmers for commodities, interest, and taxes. It is a measure of the purchasing power of the farmers’ dollar relative to its purchasing power in the base period (1910-1U).
697283 O—46---4
50
INDEX NUMBERS OF PRICES RECEIVED AND PAID BY FARMERS AND PARITY PRICE RATIO
NOTE: See p. U8 (1910 --- 1914 - 100)
Prices Received V Prices Paid
Tear All Livestock Including Excluding Parity
and Farm All and Livestock Interest Interest Price
Month Products Crops Products and Taxes and Taxes Ratio ;
1910 102 103 102 96 98 106
1911 94 100 90 100 101 94
1912 99 100 99 100 100 99
1913 102 98 106 102 101 100
1914 101' 94 108 102 100 99
July 102 100 103 2/
1915 99 94 104 107 105 93
1916 118 118 118 125 124 94
1917 175 187 165 148 149 118
April 170 181 160 2/ 2/
1918 204 215 194 173 176 118
Nov. 210 209 211 2/ 2/
1919 215 226 207 198 202 109
1920 211 232 192 202 201 104
1921 124 121 130 165 152 75
1922 132 138 127 ' 164 149 80
1923 143 154 132 167 152 86
1924 143 156 131 167 152 86
1925 156 163 150 169 156 92
1926 146 HO 152 168 155 87
1927 142 135 148 166 153 86
1928 151 144 158 168 155 90
1929 149 135 161 167 154 89
1930 128 119 136 160 146 80
1931 90 79 99 141 126 64
1932 68 60 74 124 1 108 55
1933 72 72 72 120 108 60
1934 90 98 84 129 122 70
1935 109 102 115 130 125 84
1936 114 107 120 127 124 90
1937 122 115 127 133 131 92
1938 97 80 113 126 123 77
1939 95 80 108 124 121 77
Aug. 89 75 102 122 119 73
1940 100 88 112 125 122 80
1941 124 106 140 132 131 94
Jan. 107 88 125 125 123 86
Dec. 143 126 158 142 142 101
1942 159 U2 173 150 152 106
May 154 139 167 150 152 103
Sent. 163 143 181 152 154 107
Oct. 167 • 146 187 153 109
1943 192 183 200 162 ^ 119
May 194 187 200 162 167 120
1944 195 194 194 170 176 115
Jan. 196 199 193 168 174 117
Feb. 195 196 194 169 175 115
Mar. 196 198 194 169 175 116
Apr. . 196 . 200 191 169 175 116
May 194 198 190 169 175 115
June 193 197 189 170 176 114
July 192 194 190 170 176 113
Aug. 193 191 194 170 176 114
Sept. 192 188 196 170 176 113
Oct. 194 187 • 199 170 176 114
Nov. 196 189 202 171 177 117
Dec. 200 196 202 171 * 178
51
INDEX NUMBERS OF PRICES RECEIVED AND PAID BY FARMERS AW PARITY PRICE RATIO
[ NOTE: See p . U8 (1910 --- 1914 s 100)
Prices Received ÎL____ Prices Paid
1 Year All Livestock Including Excluding Parity
land Farm All and Livestock Interest Interest Price
[Month Products Crops Products and Taxes and Taxes Ratio 2/
| 1945 202 201 203 174 180 116
Jan. 201 200 202 172 179 117
Feb. 199 197 201 172 179 116
Mar. 198 196 200 173 180 134
i Apr* 203 4 204 201 173 180 117
I May 200 198 202 173 180 116
I June 206 210 203 173 180 119
! July 206 207 205 173 180 119
Aug. 204 202 206 173 180 118
Sept. 197 191 203 174 181 113
Oct. 199 196 202 175 182 114
I Nov. 205 203 206 175 182 117
Dec. 207 206 207 176 183 118
1946
Jan. 206 207 204 177 184 116
Feb. 207 213 202 178 185 116
Mar. 209 215 203 180 187 116
Apr. 212 220 205 > Ini 188 117
' l^y
June ---------
July
Aug.
Sept.
Oct.
---------•
Nov. --- --- ------ ---
Dec.
1947
Jan.
------------ 1
Feb, ---
Mar.
Apr.
May
June
July
i Aug.
Sept.
Oct.
Nov. ---------
Dec. --- --- --- -.......... ------_
1/ August 1909 - July 1914 • 100
2/ Ratio of prices received to prices paid, interest and taxes 2/ Not available monthly prior to 1923
Source: United States Department of Agriculture, Bureau of Agricultural Economics
52
INDEX NUMBERS OF CROP AND LIVESTOCK TRICES RECEIVED BY FARMERS
NOTE: See p. h8 (August 1909 -- • July 1914 s 100)
Crops 1/ Livestock ana Products ¿J
Year Feed Oil- Meat Poultry
and Food Grains Tobacco Cotton Fruits Truck bearing Ani- Dairy and
Month Grains and Hay Crops Crops mals . ,Products _j££?_____
1910 109 96 86 113 100 115 101 100 104
1911 97 98 85 101 102 * --- 101 85 95 91
1912 103 111 104 87 98 --- w 89 97 102 101
1913 91 94 123 97 108 M» ■* 94 110 104 101
1914 99 104 110 83 87 Ml *• 91 113 101 106
July 89 105 127 100 92 --- --- 100 115 91 90
1915 126 105 84 73 82 MT Ml 102 105 101 101
1916 133 110 110 111 98 Ml •• 144 123 111 116
1917 227 186 185 178 114 --- _ 210 177 146 156
April 235 177 146 150 IO5 •• --- 201 182 136 137
1918 232 207 247 238 163 •• --- 238 203 179 186
Nov. 230 191 326 229 134 OB --- 231 197 217 228
1919 245 211 308 242 170 Ml Ml 241 207 201 209
1920 249 204 237 252 178 --- Ml 201 173 202 223
1921 130 92 167 102 151 --- --- 91 107 U9 161
1922 117 92 188 156 160 129 114 139 HO
1923 112 114 193 218 129 * M 169 108 159 145
1924 127 129 176 217 123 143 y 153 112 148 248
1925 171 134 171 179 158 143 139 HO 155 162
1926 152 105 173 #1 134 139 111 146 156 158
1927 135 115 167 129 134 127 120 141 162 243
1928 128 123 175 150 152 154 140 155 165 152
1929 116 119 174 144 125 137 133 160 164 161
1930 93 107 142 100 146 129 102 135 142 128
1931 57 74 100 61 91 115 71 93 111 99
1932 45 48 86 47 73 102 41 65 86 81
1933 66 57 109 66 70 91 52 61 87 74
1934 91 95 159 97 88 95 °5 70 101 89
1935 97 107 174 94 82 119 120 116 124 116
1936 108 102 165 95 92 104 112 118 125 114
1937 120 125 204 90 104 110 120 132 . 130 110
1938 75 71 176 67 70 88 88 115 114 108
1939 72 69 155 70 68 91 90 112 110 95
Aug. 62 65 143 70 66 78 73 103 107 90
1940 84 82 136 77 73 111 96 111 119 96
1941 97 89 159 107 85 129 130 146 139 121
Jan. 84 80 134 76 71 128 96 132 128 99
Dec. 119 99 222 131 89 144 160 159 158 153
1942 120 111 252 149 114 163 172 188 162 151
May 120 116 228 155 108 130 176 189 152 133
Sept. 121 110 275 150 130 136 171 195 167 I65
Oct. 120 107 293 152 128 155- 174 198 177 173
1943 148 147 325 160 179 245 190 209 193 190
May 144 144 319 162 170 276 187 216 189 175
1944 165 166 354 164 215 212 209 200 198 174
Jan. 170 168 350 162 204 267 203 194 201 177
Feb. 170 169 348 161 206 247 205 199 201 168
Mar. 169 171 351 161 215 242 207 203 199 162
Apr. 171 172 352 163 237 220 207 203 196 151
May 170 173 350 160 232 225 208 201 194 153
June 165 170 350 163 228 231 210 200 192 154
July 161 168 350 164 230 195 209 197 194 I65
Aug. 156 166 ' 355 162 214 186 209 201 196 171
Sept. 155 162 358 170 206 166 207 200 198 179
Oct. 161 211 201 201 190
Nov. iti 157 g Ki ^ 10 215 200 203 207
Dec. 167 160 364 168 206 228 215 198 203 211
53
INDEX NUMBERS OF CROP AND LIVESTOCK PRICES RECEIVED BY FARMERS
I NOTE: See p. h£ 1 (August 1909 --- July 1914 = 100)
Crops 1/ Livestock and Products
Year Feed Oil- Meat Poultry
and Food Grains Tobacco Cotton ï Fruits Truck bearing Ani- Dairy and
Month Grains and Hay Crops Crops mais Products Eggs
I W45 172 161 366 171 220 224 215 210 197 196
Jan. 169 163 365 163 205 262 224 203 202 199
Feb. 169 164 360 161 211 223 215 209 200 183
Mar. 171 166 359 163 211 203 215 211 198 175
Apr. 172 162 362 163 221 259 215 215 194 176
May 172 161 ‘363 165 227 193 216 217 192 179
June 173 162 364 169 237 269 217 216 191 189
July 169 161 364 171 237 . 244 221 215 192 197
Aug. 167 158 367 * 172 2U 240 215 212 195 207
Sept . 167 157 365 175 ' 217 159 213 207 197 201
Oct. 175 160 373 180 219 181 210 202 199 204
Nov. 178 161 375 182 217 235 213 203 202 218
Dec. 178 162 378 184 230 223 213 204 204 222
1946
Jan. 179 164 375 180 225 249 213 206 203 197
Feb. 180 166 368 186 233 275 212 214 202 168
Mar. 185 171 367 183 229 283 208 219 201 167
Apr. 185 171 368 190 2W 282 210 225 199 166
May
June •
July
Aug.
Sept.
Oct.
Nov.
Dec.
1947
Jan.
Feb.
Mar.
Apr,
May
June
July
Aug.
1 Sept.
Oct.
Nov.
Dec. ------ ---
1/ Includes potatoes, sweet potatoes, and dry edible beans
Also includes wool , available annually
1/ Adjusted to the 1924 level of the all-commodity index
Source: United States Department of Agriculture, Bureau of Agricultural Economics
54
INDEX NUMBERS OF PRICES PAID BY FARMERS FOR ALL COMMODITIES USED FOR FAMILY MAINTENANCE
NOTE: See p» hfi _____________________(1910-14 « 100)______________________________________________
All
Year Com- Food Clothing Operating Furni- Building
and modi- Expenses ture and Materials,
Month ties Furnishings House
1910 98 95 98 101 102 100
1911 100 99 97 106 101 103
1912 101 100 101 102 100 IO4
1913* 100 99 102 96 100 100
1914 101 107 102 95 97 93
1915 106 110 110 98 100 100
1916 124 126 130 115 116 114
1917 147 154 155 128' 144 133
1918 177 174 207 • 138 185 160
1919 210 208 253 144 200 201
1920 , 222 207 264 186 229 212
1921 161 140 180 148 198 158
1922 156 141 173 142 182 165
1923 160 150 180 132 192 168
1924 159 148 183 125 196 168
1925 163 159 182 129 197 172
1926 162 155 180 133 193 172
1927 160 152 177 131 192 172
1928 160 153 I» 128 189 169
1929 159 149 177 127 188 170
1930 150 137 167 122 179 166
1931 128 109 142 110 153 149
1932 108 90 115 103 128 134
1933 108 95 114 102 126 138
1934 122 108 131 106 136 155
1935 124 120 126 106 136 152
1936 123 116 125 106 134 154
1937 128 120 131 109 142 164
1938 122 108 126 108 137 155
1939 120 108 124 106 134 156
Aug. 119
1940 121 108 126 1C5 136 159
1941 131 121 139 109 146 172
Jan. 122
Dec. 143 129 154 114 158 179
1942 154 , U5 172 117 168 186
May 153
Sept. 157 145 175 118 170 187
Oct. 158
1943 170 164 190 121 188 197
May 170
1944 178 166 205 127 202 213
Jan. 176
Feb. 177
Mar. 177 166 199 126 197 209
Apr. 177
May 177
June 178 167 201 126 200 212
July 179
Aug. 179
Sept. 179 164 206 127 203 215
Oct. 179
Nov. 180
Dec. 182 165 213 128 208 217
INDEX NUMBERS OF PRICES PAID BY FARMERS FOR ALL COMMODITES USED FOR FAMILY MAINTENANCE NOTE: See p. h8(1910-14 g 100)
All
1 Year Com- Food Clothing Operating Furni- Building
, and modi- , ' Expenses ture and Materials,
Î Month ties ---' Furnishings House
1945 185 168 220 129 * 219 221
Jan. 183
Feb. 183
Mar. 183 166 215 128 213 219
Apr. 183
May 184
June 185 168 217 128 217 220
July 185
Aug. 185
Sept. 187 168 221 129 220 222
Oct. 188
[ / Nov. 188
Dec. 190 171 226 - 130 226 224
1946
Jan. 191
Feb. 192
Mar. 194 175 230 131 230 226
Apr. 195__________________________________________________________
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1947
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Odt.
Nov.
Dec • •
1/ Includes supplies and automobiles also, indexes for which are not published. Subgroup in-dexes are computed every third month.
Note: Not available monthly prior to 1923
Source: United States Department of Agriculture, Bureau of Agricultural Economics
56
INDEX NUMBERS OF PRICES PAID BY FARMERS FOR ALL Cd^ 10DITIES USED IN PRODUCTION
IQ’S: See p. w (1910-14 • 100)
Faria Building
Year All Machinery Material Equipment
and Commodities Feed Other Than Other and Fertilizer Seed y
Month y Motor Than Supplies
Vehicles House
1910 98 93 100 100 101 99 V
1911 103 107 100 103 100 99 y
1912 98 91 100 103 100 100 103
1913 102 107 100 101 100 102 98
I9II1 99 102 100 93 99 100 99
1915 104 100 103 102 106 112 120
1916 124 I30 107 117 129 120 142
1917 151 184 122 137 156 137 149
1918 174 ' 193 155 161 181 170 190
1919 192 211 160 189 180 182 280
1920 174 137 165 205 189 186 152
1921 141 97 159 156 152 156 134
1922 139 123 142 159 140 129 130
1923 141 134 147 161 136 126 142
192h 142 142 154 161 133 120 151
1925 147 141 153 164 140 129 172
1926 146 137 153 162 144 . 126 214
1927 144 138 154 160 141 121 197
1928 148 148 153 158 138 131 179
1929 147 145 152 159 136 . 130 185
1930 141 132 152 155 131 126 174
1931 123 93 150 139 116 U5 152
1932 109 69 142 126 107 99 102
1933 108 77 138 129 103 96 95
1934 123 106 144 146 109 104 140
1935 127 114 146 145 108 102 154
1936 125 113 149 146 110 96 142
1937 136 131 154 156 114 102 192
1938 125 92 158 148 114 100 158
1939 122 92 154 148 110 100 130
Aug. 120
1940 124 TOI 152 150 110 97 130
1941 131 109 156 162 115 100 124
Jan. 125 100
Dec. 341 123 158 171 119 104 128
1942 149 135 164 178 126 111 190
May 150 137 195
Sept. 151 133 165 179 128 112 190
Oct. 151 132
1943 163 162 169 189 134 120 242
May. 162 159 243
1944 173 178 173 204 14o 121 271
Jan. 172 180
Feb. 173 181 274
March 173 181 171 201 139 274
April 173 181 121 273
May 173 181 272
June 173 179 173 203 138
July 173 178
Aug. 173 178
Sept. 173 177 173 205 141 121 269
Oct. 173 177
Nov. 173 174
Dec. 173 175 174 206 141 3/ 3/
57
INDEX NUMBERS OF PRICES PAID BY FARMERS FOR ALL COMMODITIES USED IN PRODUCTION
NOTE: See p. I48 (1910-U. • 100)
Farm Building
Year All Machinery Material Equipment
and Commodities Feed Other Than Other and Fertilizer Seed 2/
Month 1/ Motor Than Supplies
Vehicles House
19h5 17h 176 176 209 1142 12L 281
Jan. 1714 177 --- BB OB ---
Feb. 1714 178 277
March 175 179 175 207 1142 --- 283
April 175 178 BB BB --- 121 283
May 1714 4 176 BB * BB 283
June 17h 175 176 208 H41 BB BB
July 17h 175 --- * BB
Aug. 1714 175 WB --- --- BB
Sept. 1714 175 176 209 1142 121 281
Oct. 175 176 --- * BB BB
Nov. 175 177 BB BB
Dec. 175 177 176 211 H41 2/ V
W
Jan. 175 178 OB BB BB BB
Feb. 176 180 BB BB 289
March 177 181 177 213 1142 BB 296
April 178 182 * 122 296
May
June
July
Aug.
Sept.
Oct,
Nov.
Dec,
w
Jan.
Feb.
March
April
May •
June
July
Aug. 1
Sept,
Oct.
Nov.
Dec.
¡/ Includes motor vehicles also, indexes for which are not published. Sub-group indexes are computed for months shown above. 2/ 1912-U|«30O.
U Not available
NOTE: Not available monthly prior to 1923.
SOURCE: United States Department of Agriculture, Bureau of Agricultural Economics
58
PRICES
* Farmer’s Share of Consumer’s Food Dollar
The Bureau of Agricultural Economics compiles a monthly series of prices for the "market basket", i.e., the retail cost to the consumer and payments to farmers for equivalent quantities of farm produce (minus imputed value of by-products obtained in processing) • It is published in The Marketing and Transportation Situation.
This series differs from the Bureau’s former series of prices paid to farmers for £8 foods in several important aspects, among which are:
1» Retail cost is adjusted to include rural as well as urban consumers.
2» Weighting was revised to cover farm food quantities purchased during 1935-39, instead of 1918-19, representing average annual purchases for a "family” of three average consumers.
3» Coverage was entended, especially to vegetables and cereal products, including adjustment for by-products.
The trends of the two series are similar, but the revised series shows a lower level for the farmer’s share of the consumer’s dollar
The revised table presented in the Handbook on page 59 shows the farm value as a percent of retail cost of foods, or the farmer’s share of the consumer’s food dollar, and the indexes of these percentages, 1935-39 - 100.
59
FARMER’S SHARE OF CONSUMER’S FOOD DOLLAR
Year Index: Year Index:
and Percent 1935-39 and Percent 1935-39
Month _________________________■ 100_______________________Month___________:________■ 100 _ _
1913 47 118 1945 54 135
1934 46 115 Jan. 54 135
July 42 105 Feb. 54 135
1915 45 112 Mar. 54 135
1916 45 112 Apr. 54 135
1917 48 120 May 53 132
April 46 4 * 115 June 54 135
1918 51 128 July 54 135
Nov. 50 125 Aug. 54 135
1919 49 122 Sept. 53 132
1920 43 108 Oct. 53 132
Nov. 55 138
1921 40 100 Dec. 55 138
1922 40 100 . ' .
1923 40 100 1946 ____ , _____
1924 41 102 J®“* 55 ' 138
1925 43 108 Feb. 55 138
1926 4< 105 Mar. 138
1927 41 102
1928 43 108 ; Apr* ---- -----
1929 42 105 May ____ _____
1930 39 9$ June ____ _____
July ____ • _____
1931 36 90 ’ ---- -----
1932 32 80 Aug; ---- -----
1933 33 82 Sept. ____ _____
1934 34 85 Oct. _____
1935 4° 100 w
1936 41 102 Nov- ---- -----
1937 43 108 Dec. ____ __
1938 39 98
1939 39 98 1947 __ _
Aug. 37 92 Jan. ______________________
Feb. ____ _____
11940 40 100
1941 44 110 Mar‘ ---- -----
I Jan. 44 110 Apr. ____ _____
[Dec. 47 118
1942 48 120 x y ---- -----
I May 46 115 June ____ _____
Sept. 49 122 July ____ _____
Oct. 5° 125
1943 52 130 Aug* ---- -----
I May 49 122 Sept. ____ _____
Oct. ____ _____
1944 53 132 Nov.
I Jan. 54 135
I Feb. 53 132 ^c* --- ----
I Mar. 54 135 ----------------------------------------------
Apr. 53 132
I May 52 130
I June 52 130
July 52 130
Aug. 52 130
Sept. 53 132
Oct. 53 132 Source: United States Department of
■ Nov. 54 135 Agriculture, Bureau of
■ Dec. 55 138 Agricultural Economics
60
LABOR FORCE, TOTAL EMPLOYMENT, AND UNEMPLOYMENT
Labor Force and Employment Status of Noninstitutional population
These series are currently compiled by the Bureau, of the Census, United States Department of Commerce, and published in two of the Bureau* s publications: Monthly Report on the Labor Force and The Labor Force Bulletin»
The current labor force data presented are based on a survey in which Census enumerators interview a cross-section of the population during the week containing the 8th of each month» Data for April 19¡¡0 and following months, although generally comparable, do not correspond exactly to the figures obtained from the 16th Census of Population for 19h0 and to the estimates developed by the Bureau for the earlier years» During the period since April 19^0 the size of the sample has been repeatedly increased and the scope of the tabulations has been expanded, but the continuity of the basic series of labor force and employment data has been generally maintained» A recent change in classification procedures, however, renders the data for July 19h5 and later months not strictly comparable with data for the earlier periods»
The series shown in the Handbook are as follows:
Noninstitutional Population:— All persons in continental United sTaEeTTITyearF^Fage^áñT'over regardless of the employment status, including the estimated number of persons in the armed forces and excluding persons in institutions»
Total Labor Force : - AU noninstitutional population who, during the census enumeration week, are employed or are seeking work, including proprietors, the self employed and the estimated number of persons in the armed forces and excluding persons engaged only in incidental unpaid family work (less than 15 hours), and persons engaged exclusively in housework in their own homes or attending school»
Aimed Forces: - AU members of the army, navy, marine corps and coast guZrdT^wrEK^their female complements» The estimates of the armed forces during the census week are projected from data on net strength as of the first of the month»
Total Civilian labor Force:*AU persons in the total labor force, except membe r s o£ the armed forces«. A breakdown by sex is shown»
Unem£loyed_J^ persons in the labor force seeking work,
TncTuding^emeTgency^relief workers» A breakdown by sex is shown»
61
LABOR FORCE, TOTAL EMPLOYMENT, AND UNEMPLOYMENT
Labor Force and Employment Status of Noninstitutional Population (Cont¹ d)
Employed Civilian Labor Force: - All full-time and part-time employed workers, excluding emergency relief workers. Includes.persons who had a job or business, but who did not work at all during the entire census week because of illness, bad weather, vacation, labor dispute, or because of temporary lay-off with definite instructions to return to work with-in 30 days of lay-off. A breakdown by sex is shown.
Agricultural Employment: - All workers the majority of whose employment HuHngniKerTTansuf^^ week was in agricultural work and some
food processing, including workers who spend less than two days a week in agricultural pursuits. (This series differs from the agricultural employment series compiled by the Bureau of Agricultural Economics in the repsects indicated in the discussion of that series on page 80) ₑ
Nonagricultural Employment: - All full-time and part-time employed woHceriT'oEEernjian^ employed workers. (This series
differs from the nonagricultural employment series compiled by the Bureau of Labor Statistics in the respects indicated in the discussion of that series on page 81),
Not in the Labor Force: - All noninstitutional population who are not Tn’rEiTlinneH^ are not in the category of the unemployed or
employed, and including persons who are unable to work.
62
LABOR FORCE AND EMPLOYMENT STATUS OF THE NONINSTITUTTONAL POPULATION OF THE UNITED STATES
(Millions of Persons 14 Years of Age and Over)
NOTE: See p> 60
Total Civilian Labor Force
Year Noninsti- Total Amed Employment Not
and tutional Labor Forces Total Unem- Agri- Nonag- in
Month Popu- Force ploy- Total cul- ricul- Labor
lation ment tural tural Force
1929 MB MB 1*8.1 .3 1*7.8 1.5 1*6.3 10.0 36.3
1930 4M MB 1*8.7 .3 1*8.1* h.2 1*1*.2 9.9 31*.3 MB 4M
1931 4M BM 1*9.3 ♦3 1*9.0 7.9 1*1.1 9.8 31.3 4M 4M
1932 4M 4M 49.8 ; .2 49.6 11.9 37.7 9.7 28.0 4M MB
1933 MB 4M 50.1* •2 50.2 12,6 37.5 9.7 27.9 4M MB
193b 4M 4M 51.0 .3 50.8 11.0 39.8 9.5 30.3 MB BM
1935 4MB Mb 51.7 .3 51.1* 10.2 1*1.2 9.7 31.5 MB MB
1936 MB ■• 52.3 .3 52.0 8.6 1*3.1* 9.6 33.8 MB MB
1937 Mi MB 52.8 .3 52.5 7.3 1*5.3 9.1* 35.8 MB MB
1938 MB MB 53.5 .3 53.1 9.9 1*3.2 9.3 33.9 MB MB
1939 51*. 1 .1* 53.7 8.8 1*1*.9 9.3 35.6
191*0 130.6 51*.5 •5 51*.O 7.5 46.5 9.2 37.3 46.1
191*1 101.5 55.7 1.6 51*.l 5.0 1*9.1 8.7 1*0.1* 1*5.8
191*2 102.5 58.li 3.9 51*.5 2.1* 52.1 8.6 1*3.5 l*l*.l
191*3 103.6 62.5 9.0 53.5 1.1 52.1* 8.3 1*1*. 1 1*1.1
191*1* ioU.5 64.0 11.11 52.6 .8 51.8 8.1 1*3.7 40.6
Jan. 101*.2 61.9 10.5 51.1* 1.1 50.1* 6.6 1*3.8 1*2.2
Feb. 1D1*.3 61.9 10.7 51.2 .9 50.3 6.7 1*3.6 1*2.1*
March 101*.3 62.2 10.8 51.1* .9 50.5 6.9 43.6 1*2.2
April 101*.l* 63.2 11.1 52.1 .8 51.3 7.5 1*3.8 1*1.3
May 101*.l* 64.0 11.2 52.8 .9 52.0 8.6 1*3.1* 1*0.1*
June 1O1*.5 65.6 U.li 51*. 2 1.0 53.2 9.6 1*3.7 38.9
July lOh.6 66.6 11.6 55.0 1.0 51*.o 9.7 1*1*.3 38.0
Aug. 104.6 65.7 11.7 51*.o .8 53.2 8.6 1*1*.6 38.9
Sept. lDli.7 64.8 11.8 53.0 .8 52.2 8.7 43.6 39.9
Oct. lOlt.8 64.8 11.9 52.9 .6 52.2 1 8.7 1*3.5 1*0.1
Nov. 1011.8 64.1 11.9 52.2 .7 51.5 8.1 43.4 1*0.7
Dec. 1011.9 63.2 11.9 51.2 .7 50.6 7.1 43.5 1*1.7
1945 y
Jan. 1011.9 62.9 11.9 51.0 .8 50.1 6.7 1*3.1* 1*2.1
Feb. 105.0 63.4 12.0 51.1* .9 50.6 6.8 1*3.8 41.6
March 105.0 63.7 12.0 51.7 .8 50.8 7.3 1*3.5 1*1.3
April 105.1 64.0 12.1 51.9 .8 51.2 7.8 1*3.1* 1*1.1
May 105.2 64.2 12.2 52.0 .7 51.3 8.0 1*3.3 1*1.0
June 105.3 65.lt 12.3 53.1 1.1 52.1 9.1 1*3.0 '39.8
July 105.1* 66.0 12.3 53.8 1.1 52.7 9.1 1*3.5 39.1*
63
IABOR FORCE AND EMPLOYMENT STATUS OF THE NONINSTITUTIONAL POPULATION OF THE UNITED STATES
NOTE* See p#60 (Millions of Persons Hi Years of Age and Over)
Total civilian Labor Force
Year Noninsti- Total Armed Employment Not
and tutional Labor Forces 1 Dotal Unem- Agri- Nonag- in
Month Popu- Force ploy- Total cul- ricul- labor
lation ment tural tural Force
Revised Estimates ^
July 105.11 67.5 12.3 55.2 1.0 54.3 9.8 44.4 37.9
Aug# 105.5 66.5 12.2 54.3 .8 53.5 9.0 44.5 39.0
Sept# 105.6 64.8 11.9 52.9 1.6 51.2 8.8 42.4 40.8
Oct# 105.6 63.7 10.6 53.1 1.5 51.6 8.8 42.8 41.9
Nov# 105.8 62.6 9.2 53.4 1.7 51.7 8.4 43.3 43.2
Dec# 105.9 61.2 7.8 53.3 2.0 51.4 7.2 44.2 44.7
1946
Jan# 106.0 59.9 6.2 53.7 2.3 51.4 6.8 44.7 46.1
Feb# 106.0 59.5 5.2 54.3 2.6 51.7 7.0 44.7 46.5
March 106.1 60.0 lull 55.7 2.7. 53.0 7.6 45.4 46.0
April 106.1 60.7 3.8 56.9 2.4 54.6 8.2 46.4 45.4
May
June
July
Aug.
Sept#
Oct#
Nov#
Dec#
19h7 «
Jan#
Feb.
March
April
May
June
July
Aug.
Sept#
Oct.
Nov.
Dec#
y Average not available since estimates for July through December are not comparable with those for earlier months#
2/ Estimates for July 1945 and later months are revised due to change in classification procedures. Revisions for earlier months will be available at a later date#
SOURCE: United States Department of Commerce, Bureau of the Census
6h
CIVILIAN LABOR FORCE, BY EMPLOYMENT STATUS AND SEX
NOTE: See P. 60 (Millions of Persons lb Years of Age and Over)
Year and Civilian Labor Force Employed Unemployed
Month Total Male Female Total ' Male Penale Total Male Perna le
191x0 5b.0 bO.9 13.1 ¿6.5 35.3 11.2 7.5 5.6 1.9
19U1 1 b0.5 13.6 b9.1 36.9 12.2 5.0 3.6 l.h
191x2 5b.5 39.6 lb.9 52.1 38.0 lb.l 2.b 1.6 .8
191x3 53.5 36.1 I7.b 52.b 35.5 16.9 1.1 .6 .5
19bh 52.6 3b.fi 17.9 548 3b.3 17.5 • .8 .b
Jan. 54h 3b. 6 16.8 50. b 3b.O 16.b 1.1 .6
Feb. 51.2 3b.5 16.6 50.3 3b.O 16.2 .9 .5 .h
March 51.h 3b.5 16.9 50.5 3b.O 16.5 .9 .5
April 52.1 3b.9 17.2 51.3 3b.b 16.9 .8 •b .3
May 52.3 3b.9 17.9 52.0 3h.5 17.5 .9 .5
June 5b. 2 35.5 18.7 53.2 35.0 18.2 1.0 .5 .5
July 55.0 35.9 19.1 5b .0 35.b 18.6 1.0 .5 .5
Aug. 5b.o 35.6 18. b 53.2 35.1 18.0 .8
Sept. 53.0 3b.6 18.h 52.2 3b.2 18.1 .8 .h
Oct. 52.9 3b. b 18.5 52.2 3b.l 18.1 .6 .3 .3
Nov, 52.2 3b.l 18.1 51.5 33.7 17.8 .7 th .3
Dec, 51.2 33.7 17.5 50.6 33.3 17.2 .7 .h .3
191x5 V ^
Jan. 51.0 33.7 17.3 50.1 33.2 17.0 .8 .5 .3
Feb. 51.b 33.7 17.8 50.6 33.2 17.b .9 .5 .b
March 51.7 33.7 17.9 50.8 33.2 17.6 .8 .5 .3
April 51.9 33.8 18.1 51.2 33.b 17.8 .8 .3
May 52.0 33.8 18.2 51.3 33.4 17.9 .7 .3
June 53.1 3b.b 18.8 52.1 33.8 18.3 1.1 .6 •5
July 53.8 3b.9 18,8 52.7 3h.b 18.3 1.1 .6 .5
• Revised Estimates -
July 55.2 35.1 20.1 5b.3 3b.7 19.6 1.0 .5 .5
Aug. 5b.3 35.0 19.3 53.5 3b. 6 18.9 .8 •b
Sept. 52.9 3b.2 18.6 51.2 33.3 17.9 1.6 .9 .7
Oct. 53.1 3b. 6 18.5 51.6 33.7 17.9 1.5 .9 .6
Nov. 53.b 35.3 18.2 51.7 3b.l 17.6 1.7 1.2 .5
Dec. 53.3 36.1 17.2 51.b 3h.6 16.7 2.0 1.5 .5
191x6
Jan. 53.7 37.6 16.2 51. b 35.8 15.6 2.3 1.8 .5
Feb. 5b.3 38.3 16.0 51.7 36.2 15.5 2.6 2.1 .5
March 55.7 39.b 16.3 53.0 37.2 15.8 > 2.7 2.2 .5
April 56.9 10.3 -16x6. 38.b 16.1 2.b 1.9
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
191x7
Jan.
Feb.
March •
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Average not available due to revised figures from July through December.
SOURCE: United States Department of Conine ree. Bureau of the Census
«
LABOR FORCE, TOTAL EMPLOYMENT, AND UNEMPLOYMENT
Employees in Nonagricultural Establishments, by Industry Divisions
These series are compiled by the Bureau of Labor Statistics, United States Department of Labor, and are published monthly in the Monthly Labor Review and in mimeographed releases entitled "EmploymenFlSSl PayrollsThe major industrial divisions included are: (1) manufacturing, (2) mining, (3) construction, (4) transportation and public utilities, (5) trade, (6) finance, service and miscellaneous, and (7) civilian government«
The estimates of employment include all civil employees in nonagricultural establishments, except proprietors, self-employed persons, domestic servants, military and naval forces, and emergency workers (WPA, CCC, NYA).
Current monthly estimates are made chiefly on the basis of a sample of identical establishments reporting data for both the current month and the preceding month to the Bureau of labor Statistics. All data reported are for the pay period ending nearest the 15th of the month. Estimates in seme industries are supplied by other agencies such as the Interstate Commerce Commission, the Civil Service Commission and the Bureau of the Census«
In order to account for new firms and for biases in the data arising out of sampling limitations, periodic adjustments are made on the basis of the Biennial Census of Manufactures and other industrial censuses and, more recently, the social security data.
The Bureau of Labor Statistics series on employees in all nonagricultural establishments differs from the nonagricultural employment series compiled by the Bureau of the Census in the following respects:
1. The Bureau of labor Statistics series excludes, and the Census series includes, proprietors, self-employed persons and domestic servants.
2. The Bureau of Labor Statistics series overstates employment to the extent that workers are counted more than once when their names appear on the payrolls of more than one establishment during the reporting payroll period.
697283 0—46-------5
66
EMPLOYEES IN NONAGRICUITURAL ESTABLISHMENTS IN THE UNITED STATES,
BI MAJOR INDUSTRY DIVISION 1/
NOTE: See p. 6g (In Thousands)
Transpor- Finance
Year Manu- Con- tation & Service à Civilian
and Total fac- Mining struc- Public .Trade Miscella- Govern-
Month • turing tion 2/ Utilities neous ment 3/
1929 31,1119 io,531i 1,078 2,122 3,907 - 6,246 b,2O3 3,059
1930 28,996 9,h01 1,000 1,721 3,675 , 5,932 11,079 3,188
1931 26,125 8,021 864 1,1170 3,2b3 5,1139 3,830 3,258
1932 22,921 6,797 722 1,008 2,801i 4,861 3,517 3,212
1933 23,060 7,258 735 881 2,659 11,916 3,1i62 3,1119
193b 25,11119 8,346 8711 1,038. 2,736 5,1129 3,667 3,359
1935 26,599 8,907 888 1,181 2,771 5,610 3,797 3,445
1936 28,809 9,653 937 1,623 2,956 5,983 11,026 3,631
1937 30,627 10,606 1,006 1,575 3,lHi 6,11211 li,195 3,707
1938 28,663 9,253 882 1,382 2,81iO 6,35b b,117 3,835
1939 30,353 10,078 8115 1,753 2,912 6,618 li,160 3,988
Aug. 30,713 10,117 853 2,088 2,9117 6,513 11,223 3,972
19110 31,7811 10,780 916 1,722 3,023 6,906 11,310 11,136
19hl 35,668 12,97b 9117 2,236 3,21i8 7,378 li,li38 li,lili6
Jan. 32,878 11,603 933 1,929 3,011 6,888 11,301 b,213
Dec. 37,3119 13,817 1,007 1,967 3,333 8,123 11,1103 11,699
19112 38,11117 15,051 970 2,078 3,1133 7,263 11,1417 5,203
May ' 38^001 111,576 977 2,089 3,1119 7,2141 11,589 5,107
Sept. 39,653 15,800 967 2,3117 3,517 7,155 11,382 5,1185
Oct. 39,900 15,956 959 2,286 3,519 7,296 11,330 5,551i
19113 39,728 16,9211 891 1,259 3,619 7,030 11,115 5,890
May 39,6711 16,753 889 1,385 . 3,597 6,953 11,102 5,995 ,
191111 38,698 16,121 835 679 3,761 7,01ili li,31i8 5,911
Jan. 38,965 16,825 858 764 3,664 6,919 11,128 5,807
Feb. 38,840 16,735 858 715 3,701i 6,867 11,131 5,830
March 38,725 16,559 852 678 3,723 6,919 11,123 5,871
April 38,689 16,309 81tli 683 3,71ili 6,968 11,236 5,905
May 38,672 16,122 839 686 3,768 6,962 11,363 5,932
June 38,846 16,093 8I1I1 691. 3,803 6,977 11,51(2 5,896
July 38,731 16,013 833 686 3,809 6,9112 4,618 5,830
Aug. 38,71tli 16,023 8311 700 3,818 6,918 11,582 5,869
Sept. 38,571 15,8113 826 671 3,791 6,9911 11,1188 5,958
Oct. 38,360 15,692 816 652 3,767 7,1118 11,31(0 5,91t5
Nov. 38,3117 15,607 812 629 3,771 7,299 11,315 5,911i
Dec. 38,889 15,632 806 591i 3,770 7,6U li,30li 6,172
1/ Includes all full and part-time wage and salary workers in nonagricultural establishments who are employed during the pay period ending nearest the 15th of the month. Proprietors, self-employed persons, domestic servants, and personnel of the armed forces are excluded.
y Includes federal force account construction.
Excludes federal force account construction.
EMPLOYEES IN NONAGRICULTURAL ESTABLISHMENTS IN THE UNITED STATES
BY MAJOR INDUSTRY DIVISION 1/
NOTE: See pa g (In Thousands)
Transpor- Finance
Year Manu- Con- tation & Service & Civilian
and Total fac- Mining struc- Public Trade MisceIla- Govern-
Month turing tion 2/ Utilities neous ment 3/
1945 36,981 13,897 779 834 3,822 7,173 4,589 5,887
Jan« 37,952 15,555 801 582 3,740 7,030 4,350 5,894
Feb. 37,968 15,517 798 599 3,771 6,985 4,360 5,938
March 38,062 15,368 796 636 3,788 7,084 4,394 5,996
April 37,791 15,102 761 699 3,792 6,990 4,444 6,003
May 37,679 14,811 728 798 3,802 7,021 4,513 6,006
June 37,556 14,538 794 845 3,833 7,004 4,589 5,953
July 37,273 14,130 784 911 3,858 6,975 4,672 5,943
Aug. 36,981* 13,831 784 927 3,860 6,979 li,666 5,937
Sept. 35,321 12,082 784 945 3,831 7,143 4,603 5,933
Oct. 35,231 11,952 718 1,006 3,825 7,331 4,698 5,701
Nov. 35,631 11,966 793 1,014 3,870 7,568 4,845 5,575
Dec. 36,339 11,935 802 1,032 3,896 7,969 4,936 5,769
w
Jan. 35,815 12,038 810 1,132 3,897 7,481 4,984 5,473
Feb. 35,360 11,393 808 1,260 3,906 7,500 5,031 5,462
March 36,271 12,004 801 1,349 3,929 7,618 5,076 5,tot
April 36,721 12,376 490 -1,544 3,934 7,738 5,138 ii^
May ______ /
June
July
Aug. _______
^* ---
Nov*
Dec. ---_
w _
Jan.
Feb.
^arcb---_
April^_^
May
June
July
Aug. ---
oct. __
Nov. ---
DOC. ^__
Footnotes 1, 2, 3, see proceeding page
SOURCEt United States Department of Labor, Bureau of Labor Statistics
68
INDUSTRIAL ACTIVITY
Industrial Production
The series on industrial production are compiled by the Board of Governors of the Federal Reserve System, and are published monthly in the Federal Reserve Bulletin« During the war years, the Board founTTFTecessaiy’To^^ the index in order that it mi^it reflect the far-reaching effects of the rapidly expanding military program on manufacturing activity. The revised index was first published and fully discussed in the October 19h3 issue of the Bulletin, which describes it, in part,as follows:
The index is an overall measure of changes in the physical volume of production of manufactures and minerals; it does not cover other types of goods and services and it does not reflect changes in prices.. As now revised the index is derived from about 100 individual series, 20 more than heretofore. These 100 series are distributed among 16 groups of manufacturing industries and two groups of mining industries.
Some of the individual series are based on statistics of monthly output of materials or finished products while other series relate to consumption or shipments of materials, machinery hours active, or manhours worked. Statistics of manhours worked in a number of lines are adjusted to allow for broad changes in output per manhour, as measured by other data not suitable for use in a monthly production index. Many of the other series are also adjusted to more accurate physical volume figures not available monthly, such as Census statistics. All principal groups of industries in manufacturing and in mining are directly represented in the index at some stage in the production process.
Peacetime classifications and titles are retained in this revision but for a number of series, especially machinery and transportation equipment, the titles are no longer accurately descriptive of the output of the plants covered.
The relatives for the individual series are combined into composite index numbers for industries, for groups of industries and for industrial production as a whole. In compiling the composite indexes the importance (weight) of the individual series was measured by the value added by manufacture shown in the Census of Manufactures and by the value of minerals shown in the ^.nerals Yearbook.
Two sets of indexes are computed - one with, and one without, adjustment for seasonal variation. The seasonal adjustment factors were derived by the ratio to freehand curve method.
69
INDUSTRIAL ACTIVITY
Industrial Production
The Handbook includes indexes for the following industry breakdowns:
Industrial Production, Total
Minerals, Total
Bituminous Coal
Anthracite Coal
Crude Petroleum
Metals
Manufactures, Total
Durable Manufactures, Total
Iron and Steel
Machinery
Transportation Equipment
Nonferrous Metals and Products
Lumber and Products
Stone, Clay and Glass Products
Nondurable Manufactures, Total
Textiles and Products
Leather and Products Manufactured Food Products Petroleum and Coal Products Chemical Products Rubber Products
70
INDEX NUMBERS OF INDISTRIAL PRODUCTION: TOTAL, MANUFACTURES AND MINERAIS
Not Adjusted for Seasonal Variation
NOTE: See p, 68 (1935 - 1939 a 100)
Year Total Total Minerals
and Industrial Manufac- Total Bituminous Anthracite Crude
Month Production tures Minerals Coal Coal Petroleum Metals
1919 72 72 71 116 172 32
1920 75 74 83 141 174 38
1921 58 56 66 104 178 40
1922 73 74 71 106 108 47
1923 88 86 98 142 183 63 118
1924 82 81 89 122 172 61 . .108
1925 90 90 92 131 121 65 121
1926 96 95 100 144 165 66 126
1927 95 94 100 V 130 157 77 116
1928 99 99 99 126 147 77 120
1929 110 110 107 135 144 86 134
1930 91 90 93 118 136 77 102
1931 75 74 80 96 117 73 68
1932 58 57 67 78 98 67 36
1933 69 68 76 84 97 77 51
1934 75 74 80 90 112 78 58
1935 87 87 86 94 102 85 73
1936 103 104 99 110 107 94 102
1937 113 113 112 112 101 109 127
1938 89 87 97 88 90 104 86
1939 109 109 106 99 101 108 113
Aug. 107 109 94 100 85 82 135
1940 125 126 117 116 •101 116 134
1941 162 168 125 129 110 120 149
Jan. 139 144 114 132 118 111 95
Dec. 173 182 126 144 98 129 98
1942 199 212 129 U5 117 118 148
May 192 203 131 147 115 111 190
Sept. 213 227 137 150 129 120 184
Oct. 218 233 134 145 117 121 176
1943 239 258 132 147 118 128 126
May 239 258 132 143 124 125 148
1944 235 252 140 156 126 143 113
Jan. 240 259 133 161 119 137 82
Feb. 240 259 136 162 143 139 85
Mar. 238 257 133 155 123 138 86
Apr. 237 255 138 155 129 139 112
May 236 252 146 159 134 142 144
June 236 252 146 158 128 143 148
July 232 248 143 151 118 142 142
Aug. 235 251 147 154 124 146 145
Sept. 234 249 147 151 129 149 138
Oct. 234 250 144 152 133 143 123
Nov. 232 248 140 126 U8 89
Dec. 230 248 131 138 109 146 68
71
INDEX NUMBERS OF INDUSTRIAL PRODUCTION: TOTAL, MANUFACTURES AND MINERAIS
Not Adjusted for Seasonal Variation
NOTE: See p. 68 (1935 - 1939 »100).
Year Total Total
and Industrial Manufac- Total Bituminous Anthracite Crude
Month Production tures Minerals Coal Coal Petroleum Metals
1945 203 234 137 344 107 146 101
Jan. 230 248 134 151 96 148 68
Feb. 232 249 135 150 112 148 68
Mar. 232 249 136 349 115 150 . 72
Apr. 229 245 140 138 131 ' 150 109
May 225 240 141 145 47 152 131
June 220 234 147 153 129 151 129
July 211 223 145 146 117 153 125
Aug• 188 196 .143 144 102 152 124
Sept. 171 177 137 148 114 138 123
Oct. 164 171 125 HO 120 133 116
Nov. 167 173 134 159 112 141 30
Dec. 161 167 126 342 94 139 61
1946
Jan. 356 160 13h 159 114 Ihh
Feb. V 150 134 _ _ 160 121 147 49_
Mar. 170 131 168 125 138
«LOU
Aur.
May __ __ • --- • ------ --- _. ---
June ___ ___ ___ ___ ------ --------- _------
July ___ _____ ------ --------- ____ ____
Aug • ___ ___ _____ __--- ___ ------ ---
Sept. ___ ___ ------ ___ ____
Oct • _____ _____ --- ------- _____ ------ ____
Nov. _____ ____ ____ ____ --------- _____ _____
Dec • ______ ___ ------ ___ _ ______
1947 _____ _____ _____ _____ _____ _____ ______
Jan. ____ _____ ___ ____ ___ _____ _____
Feb. > . ______ ______ _______ ________
Mar.
Apr • _________ ------ __ _ ___
Mav ____ _____ _____ _____
June
July ______ ---_ _____ _____ _______ _____ _______
Aug. _____ _____
Sept. _____ _--- ___--- _____ _____ _____ _____
Oct. ____ ____ ____ ____ ____ ____ _____
Nov. _____ _____ ____ ------ ____ ____ _____
DeC • ______ __1_sbb^^s^_____Â=ssBŒ___r3s^Œasi_-__---
Source: Federal Reserve Board
72
INDEX NUMBERS OF INDUSTRIAL PRODUCTION: DURABIE MANUFACTURES
Not Adjusted for Seasonal Variation
NOTE: See p. 68 (1935 - 1939 « 100) ___ _______________
Year All Iron Transpor- Nonferrous Lumber Stone, Clay,
and Durable and Machinery tation Metals and and Glass
Month Manufactures Steel L Equipment and Products Products Products
1919 84* 84 50
1920 93* 102 61
1921 53* 48 58
1922 81* 85 73
1923 103 109 86 110 90 143 87
1924 95 90 81 94 93 139 91
1925 107 108 89 106 104 148 101
1926 114 115 102 109 113 148 105
1927 107 108 99 89 108 144 106
1928 117 121 106 108 118 142 no
1929 132 133 130 134 136 146 110
1930 98 97 100 91 106 105 96
1931 67 61 66 62 83 76 77
1932 41 32 43 38 52 51 51
1933 54 , 54 50 48 60 63 54
1934 65 61 69 69 62 64 64
1935 83 81 83 93 80 85 77
1936 108 114 105 110 104 105 103
1937 122 123 126 123 122 113 114
1938 78 68 82 72 80 90 92
1939 109 U4 104 103 113 106 114
Aug. 106 110 103 87 107 114 122
1940 139 147 136 U5 139 116 124
1941 201 186 221 245 191 134 162
Jan. 170 180 171 196 173 116 128
Dec. 224 191 263 298 201 128 165
1942 279 199 340 464 214 134 168
May 265 200 322 412 200 137 174
Sept. 300 199 365 539 223 139 171
Oct. 312 207 380 567 230 140 176
1943 360 208 443 735 267 129 173
May 360 208 443 729 264 136 180
1944 . 353 206 439 719 259 125 164
Jan. 367 208 461 754 285 121 161
Feb. 366 212 458 746 285 122 161
Mar. 363 214 452 734 287 124 163
Apr. 361 213 445 730 292 125 163
May 357 210 437 726 279 127 165
June 354 204 442 716 263 133 169
July 348 202 435 704 243 130 165
Aug. 349 203 434 707 245 135 167
Sept. 343 202 427 695 238 128 164
Oct. 346 206 428 704 233 125 167
Nov. 341 201 422 699 234 120 163
Dec. 342 198 431 709 229 113 159
73
INDEX NUMBERS OF INDUSTRIAL PRODUCTIONS DURABLE MANUFACTURES
NOTE: See p. 68
Not Adjusted for Seasonal Variation (1935 - 1939 s 100)
Year All Iron * Transpor- Nonferrous Lumber Stone, Clay,
and Durable and Machinery tat ion Metals and and Glass
Month Manufactures Steel Equipment and Products Products Products
1945 274 183 343 437 204 109 163
Jan. 343 197 431 706 253 113 156
Feb. 345 202 436 695 257 114 156
Mar. 344 210 431 676 267 115 161
Apr. 335 206 419 651 263 119 165
May 323 204 405 610 248 120 167
June 308 192 393 572 219 121 166
July 292 187 371 535 196 116 168
Aug. 240 155 310 405 165 113 165
Sept. 195 163 230 273 139 104 166
Oct. 187 146 232 258 144 94 167
Nov. 192 167 231 252 148 95 162
Dee. 184 164 232 217 147 86 159
1946
Jan. 164 102 217 219 351 99 163
Feb. 136 43 189 197 -MT 110 172
Mar. Tliy 170 115 b
Apr. ' - -
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1947
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec. _____ _____ _____ _____ _____ _____
* Indexes without seasonal adjustment have not been computed for the years 1919-1922« These are based on the adjusted data.
Source: Federal Reserve Board
7h
INDEX NUMBERS OF INDUSTRIAL PRODUCTION S NONDURABLE MANUFACTURES
Not Adjusted for Seasonal Variation i
NOTEs_ See p* 68 (1935 - 1939 = 100)
Year All Non- Textiles Leather M’f’d. Petroleum
and Durable and and Food and Coal Chemical / Rubber
Month Manufactures Products Product: s Products Products Products Products
1919 62* 73 94 77
1920 60* 67 86 69
1921 57* 69 82 68
1922 67* 79 93 77
1923 72 i 33 99 82 56 57 63
1924 69 72 86 81 59 56 66
1925 76 84 88 85 69 63 81
1926 79 34 90 87 76 70 80
1927 83 92 94 88 78 73 83
1928 85 87 93 93 87 78 98
1929 93 94 95 101 96 89 100
1930 84 ' 74 84 100 89 87 78
1931 79 79 82 90 80 78 72
1932 70 71 76 79 69 68 64
1933 79 88 88 83 74 76 77
1934 81 76 91 88 79 83 86
1935 90 93 99 89 85 89 93
1936 100 104 103 98 97 99 107
1937 106 106 102 103 108 132 104
1938 95 85 93 101 100 96 83
1939 109 112 105 108 110 112 113
Aug. 112 109 112 127 110 107 112
1940 115 114 98 113 120 130 123
1941 142 152 123 127 135 176 163
Jan. 122 138 107 105 126 343 145
Dec. 147 156 117 126 143 207 166
1942 158 157 122 134 347 278 172
May 152 158 127 122 140 262 155
Sent . 167 157 115 163 151 299 180
Oct. 168 159 120 147 154 317 191
1943 176 153 114 345 185 384 223
May 175 159 118 137 173 389 224
1944 171 148 113 152 247 324 ’ 234
Jan. 172 149 108 145 226 362 242
Feb. 173 152 114 143 230 360 244
Mar. 171 151 112 142 234 344 ¿42
Apr. 169 151 116 143 ' 233 325 231
May 168 147 112 147 237 323 230
June 169 145 1j4 153 242 316 228
July 167 139 103 163 247 310 227
Aug. 171 141 111 165 251 310 231
Sept 173 147 121 166 258 307 230
Oct. 173 246 115 159 266 309 231
Nov. 173 149 118 I55 268 308 231
Dec. 171 113 150 268 313 239
75
INDEX NUMBERS CF INDUSTRIAL PRODUCTION: NONDURABIE MANUFACTURES
Not Adjusted for Seasonal Variation
NOTE': See p. 68 (1935 - 1939 = ICO)
Year All Non Textiles Leather M’f’d. Petroleum
and Durable and and Food and Coal Chemical Rubber
Month Manufactures Products Products Products Products Products 2/ Products
1945 166 146 117 150 235 284 215
Jan. 170 150 114 143 273 316 247
Feb. 172 155 125 UI 276 319 247
Mar. 172 153 122 U2 272 321 236
Apr. 171 149 122 U5 268 320 233
May 172 150 121 U6 273 318 224
June 173 150 126 150 269 315 222
July 167 132 107 157 267 303 218
Aug. 159 134 107 151 240 261 193
Sept. 161 144 118 166 184 239 172
Oct. 158 141 113 153 156 232 191
Nov. 158 146 117 151 174 230 192
Dec. 154 143 111 149 172 231 205
1946
Jan. “ST 151 117 M 166 233 21¿
Feb. 162 159 J2L 233 215
Mar. -161. 162
Apr.
May
June
July 1
Aug.
Sept.
Oct.
Nov.
Dec.
1947
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept •
Oct.
Nov.
Dec.
* Indexes without seasonal adjustment have not been computed for the years 1919-1922. These are based on the adjusted data.
1/ Years prior to 1939 not strictly comparable with later years-
Source: Federal Reserve Board
76
INDEX NUMBERS OF INDIETRIAL HlODUCTIONs TOTAL, MANUFACTURES AND MINERAIS
Adjusted for Seasonal Variation J/ NOTE» See p. 66 (1935 - 1939 ■ 100)
Year Total Total Minerals
and Industrial Manufac- Total Bituminous Anthracite Crude
Month Production tures Minerals Coal Coal ' Petroleum Metals
1919 72 72 71 116 172 32
1920 75 74 83 UI 174 38
1921 58 56 66 104 178 40
1922 73 74 71 106 108 47
1923 88 86 98 142 183 63 118
1924 82 81 89 122 172 61 108
1925 90 90 92 131 121 65 121
1926 96 95 100 144 165 66 126
1927 95 94 100 130 157 77 116
1928 99 99 99 126 147 77 120
1929 110 110 107 135 144 86 134
1930 91 90 93 118 136 77 102
1931 75 74 80 96 117 73 68
1932 58 57 67 78 98 67 36
1933 69 68 76 84 97 77 51
1934 75 74 80 90 112 78 58
1935 87 87 86 94 102 85 73
1936 103 104 99 110 107 94 102
1937 113 113 112 112 101 109 127
1938 89 87 97 88 90 104 86
1939 109 109 106 99 101 108 113
Aug. 106 109 92 109 115 79 108
1940 125 126 117 116 101 116 134
1941 162 168 125 129 110 120 149
Jan. 143 147 120 119 118 114 148
Dec. 176 184 134 144 98 129 152
1942 199 212 129 145 117 118 148
May 191 203 126 147 115 111 156
Sept. 208 222 131 150 • 129 120 145
Oct. 215 230 129 345 117 121 140
1943 239 258 132 147 118 128 126
May 239 258 129 . 143 124 125 129
1944 235 252 140 156 126 143 113
Jan. 243 262 139 161 119 137 124
Feb. 244 262 142 162 143 139 127
Mar. 241 259 139 155 123 138 126
Apr. 239 256 140 155 129 139 122
May 236 253 143 159 134 142 120
June 235 251 142 158 128 143 120
July 230 246 139 151 118 142 117
Aug. 232 248 142 154 146 114
Sept. 230 246 143 151 129 149 113
Oct. 232 248 143 152 133 148 111
Nov. 232 248 143 155 126 148 112
Dec. 232 249 137 138 109 146 111
77
INDEX NUMBERS OF INDUSTRIAL PRODUCTION: TOTAL, MANUFACTURES AND MINERAIS
Adjusted for Seasonal Variation 1/ NOTE: See p« 68(193 5 - 1939 s 100)
Year Total Total Minerals
and Industrial Manufac- Total Bituminous Anthracite Crude
Mghth. Production tures Minerals Coal Coal Petroleum Metals
1945 203 214 137 144 107 146 101
Jan. 234 251 140 151 96 148 111
Feb. . 236 252 141 150 112 148 111
Mar. 235 252 142 149 115 150 111
Apr. 230 247 140 138 131 150 111
May 225 240 138 145 47 152 no
June 220 233 144 153 129 151 109
July 210 222 143 146 117 153 109
Aug. 186 194 140 144 102 152 105
Sept. 167 1^ 134 148 114 138 106
Oct. 162 168 124 110 120 133 109
Nov. 168 173 138 159 112 141 109
Dec. 163 169 133 142 94 139 108
1946
Jan. 16o TT 159 114 114a 108
Feb. ihi 160 121 147
Mar. 168 125 138
Apr.
May ------ ------- ---------
June
July
Aug.
Sept. --- --------- ---
Oct.
Nov.
Dec.
1947
Jan.
Feb.
Mar.
Apr.
May --- --------- ---------
June
July
Aug.
Sept.
Oct. --- --- ---------
Nov.
Dec.
1/ Annual indexes are averages of the unadjusted monthly indexes
Source: Federal Reserve Board
78
INDEX NUMBERS OF INDUSTRIAL PRODUCTION: DURABLE MANUFACTURES
■ Adjusted for Seasonal Variation 1/
NOTE: See p. 68 (193.5-1939 s 100)
Year All Iron Transpor- Nonferrous Lumber Stone, Clay,
and Durable and Machinery tation Equip - Metals and and Glass
Month Manufactures Steel ment and Products Products Products
1919 84* 84 50
1920 93* 102 61
1921 53* 48 58
1922 81* 85 73
1923 103 109 86 110 90 143 87
1924 95 90 81 94 93 139 91
1925 107 108 1 * 89 106 104 148 101
• 1926 114 115 102 109 113 148 105
1927 107 108 99 89 108 144 106
1928 117 121 106 ,108 118 142 110
1929 132 133 130 134 136 146 110
1930 98 97 100 91 106 105 96
1931 67 61 66 62 83 Tb 77
1932 41 32 43 38 52 51 51
1933 54 54 50 48 60 63 54
1934 65 61 69 69 62 64 64
1935 83 81 83 93 80 85 77
1936 108 114 105 110 104 105 103
1937 122 123 126 123 122 113 114
1938 78 68 . 82 72 80 90 92
1939 109 114 104 103 113 106 IH
Aug. 109 113 105 106 110 106 115
1940 139 147 136 145 139 116 124
1941 201 186 221 245 191 134 162
Jan. 172 180 171 193 173 130 143
Dec. 225 191 263 298 200 136 169
1942 279 199 340 464 214 134 168
May 264 200 322 412 200 135 170
Sept. 299 199 365 539 223 130 163
Oct. 311 207 380 567 230 133 167
1943 360 208 4431 735 267 129 173
May 359 208 443 729 264 133 175
1944 353 206 439 719 259 125 164
Jan. 369 208 461 754 285 133 168
Feb. 367 212 458 746 285 131 168
Mar. 364 214 452 734 287 129 167
Apr. 361 213 445 730 292 126 165
May 356 210 437 726 279 124 161
June 354 204 442 , 716 263 127 168
July 347 202 435 704 244 124 165
Aug. 348 203 434 707 245 127 162
Sept. 342 202 ■ 427 695 238 120 159
Oct. 344 206 428 704 233 120 161
Nov. 341 201 422 699 234 122 160
Dec • 343 198 431 709 229 122 163
79
INDEX NUMBERS OF INDUSTRIAL PRODUCTION: DURABIE MANUFACTURES
Adjusted.for Seasonal Variation 1/
I NOTE; See p, 68__ (1935 - 1939 = 100)
1 Year All Tron Transpor- Nonferrous Lumber Stone, Clay
1 and Durable and Machinery tation Equip- Metals and and Glass
I Month Manufactures Steel ment and Products Products Products
11%5 274 183 343 487 204 109 163
Jan. 345 197 431 706 253 126 162
Feb. 346 202 436 695 257 123 163
Mar. 345 210 431 676 267 121 166
Apr• 336 206 419 651 263 119 167
May 323 204 405 610 248 118 162
1 June * 308 192 393 572 219 116 166
July 292 187 371 535 196 110 169
Aug. 239 155 310 405 165 107 160
I Sept. 194 163 230 273 139 98 161
Oct. 186 146 232 258 144 91 161
Nov. 191 167 231 252 148 96 158
Dec. 185 164 232 217 147 92 . 164
11946
Jan. loo 102 "ST 109
Feb. 138- w 297 141 119 ib3
Mar. 170 209 120
1 Apr,
! May
June
July _____ _____ _____ _____ _____
Aug. ___ _ ___ ___
I Sept.
Oct.
1 Nov.
i Dec.
1947
Jan.
Feb.
Mar.
1 Apr.
May
i June
July
Aug.
1 Sept.
Oct.
1 Nov.
Dec • x
* Estimated from adjusted indexes.
: 4/ Annual indexes are averages of the unadjusted monthly indexes, except where
otherwise indicated•
Source:- Federal Reserve Board
80
INDEX NUMBERS OF INDUSTRIAL PRODUCTION: NONDURABLE MANUFACTURES
Adjusted for Seasonal Variation 1/
NOTE: See p. 68 (1935 - 1939 * 10( ))
Tear All Non- Textiles Leather M»f»d. Petroleum
and Durable and and Food and Coal Chemical Rubber
Month Manufactures Products Products Products Products Products 2/ Products
1919 62* 73 94 77
1920 60* 67 86 69
1921 57* 69 ' 82 68
1922 67* 79 93 77
1923 72 83 99 82 56 57 63
1924 69 72 86 81 59 56 66
192$ 76 84 88 85 69 63 81
1926 79 84 90 87 76 70 80
1927 83 92 94 88 78 73 83
1928 85 87 93 93 87 78 93
1929 93 94 95 101 96 89 100
1930 84 74 84 100 89 87 78
1931 79 79 82 90 80 78 72
1932 70 71 76 79 69 68 64
1933 79 88 88 83 74 76 77
1934 81 76 91 88 79 83 86
1935 90 93 99 89 85 89 93
1936 100 104 103 98 97 99 107
1937 106 106 102 103' 108 112 104
1938 95 85 93 101 100 96 83
1939 109 112 105 108 110 112 113
Aug. 108 Hl 105 109 109 110 112
1940 115 114 98 113 120 130 123
1941 142 152 123 127 135 176 163
Jan. 127 139 110 116 128 U5
Dec. 150 156 125 133 148 206 166
1942 158 157 122 134 147 278 172
May 153 158 127 128 HO 263 .155
Sept. 161 157 116 137 151 298 180
Oct. 165 159 119 137 154 314 191
1943 176 153 114 145 185 384 228
May 176 159 118 143 173 389 224
1944 171 148 113 152 247 324 234
Jan. 176 U9 108 154 226 364 242
Feb. 177 152 111 158 230 359 244
Mar. 175 151 112 159 234 341 242
Apr. 172 151 116 158 233 323 231
May 169 147 112 154 237 324 ‘230
June 169 U5 115 153 242 319 228
July 165 139 105 153 247 3U 227
Aug. 168 141 112 147 251 314 231
Sept. 168 147 121 146 258 307 230
Oct. 169 146 115 149 266 307 231
Nov. 173 149 116 154 268 307 231
Dec. 173 152 114 155 268 312 239
81
INDEX NUMBERS OF INDUSTRIAL PRODUCTION: NONDURABLE MANUFACTURES Adjusted for Seasonal Variation 1/
NOTE: Seep. 68________________________(1935 - 1939 a 100)
Year All Non- Textiles Leather M’f’d. Petroleum
and Durable and and Food and Coal Chemical Rubber
Month Manufactures Products Products Products Products Products 2/^ Products
1945 166 146 117 150 235 284 215
Jan. 175 I50 113 155 273 317 247
Feb. 176 155 121 158 276 318 247
Mar. 176 153 122 160 272 319 236
Apr. 174 149 122 160 268 318 233
May 173 150 121 153 273 319 224
June 173 150 127 151 269 318 222
July 165 132 109 147 267 307 218
Aug. 157 134 108 138 240 26$ 193
Sept. 156 144 119 144 184 239 172
Oct, 154 141 112 143 156 230 191
Nov. 158 146 116 HO 174 228 192
Dec. 156 143 UI 153 172 230 205
1946 161 151 117 ****** JZ£ it
Jan. 168 162
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1947
Jan.
Feb.
Mar.
Apr.,
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
* Estimated from adjusted indexes
1/ Annual indexes are averages of the unadjusted monthly indexes, except where otherwise indicated
a/ Years prior to 1939 net strictly comparable with later years
Source: . Federal Reserve Board
697283 0—46------6
82
INDUSTRIAL ACTIVITY
Employment Pay Rolls, Hours, and Earnings
These series are compiled fay the Bureau of Labor Statistics of the United States Department of Labor, and published monthly in the Monthly Labor Review and in mimeographed releases entitled ’’Employment and Pay Rolls” and ’»Hours and Earnings”» Shown in the Handbook are series for the manufacturing industry group as a whoIeT” for the separate manufacturing industry groups and a few selected industries, and for selected nonmanufacturing industries»
The basic data used by the Bureau in compiling these estimates are obtained from the same monthly sampling of identical manufacturing and nonmanufacturing establishments, which is described in the preceding section of the Handbook in connection with the series ’’Employees in Nonagricultural Establishments”:» This description should be referred to again at this point. However, it should be noted that these series relate to production workers, or wage earners, only.
^pfoyment and Pay Rolls: - The employment series represent production workers on the payroll during the pay period ending nearest the 15th of the month. The payroll series represent the weekly amount of the payrolls during the identical pay period«
Seasonally adjusted indexes of factory production-worker employment are obtained from the Federal Reserve Board, which adjusts the Bureau of Labor Statistics unadjusted indexes. Details as to the methods employed by the Board appear in the January 19h3 issue of the Federal Reserve Bulletin.
Hours and Earnings - General Note: - Not all reporting establishments in the sample discussed above supply data on manhours. Thus, the hours and hourly earnings series are based on a slightly smaller sample» Because of the differences in the samples, the employment and payroll series are not strictly consistent with the hours and earnings series.
Average Hours Worked Per Week: - For the individual industries, the average number of hours worked per week is obtained as the quotient of total manhours and weekly production-worker employment (including both full-time and part-time employees). For the industry groups, the estimates of hours per week are weighted arithmetic means of the average hours worked per week in the individual industries, the weights being employment in the individual industries.
83
INDUSTRIAL ACTIVITY
Deployment, Pay Rolls, Hours, and Earnings (Continued)
Average Weekly Earnings? - Average weekly earnings for each industry separately is confuted as the quotient of weekly payrolls and weekly employment. For the industry groups, average weekly earnings is . computed as the product of the weighted arithmetic means of average weekly hours for the individual industries and the weighted arithmetic means of average hourly earnings for the individual industries»
Gross Average Hourly Earnings: - For the individual industries, gross average hourly earnings is computed as the quotient of production-worker payrolls and manhours. For the industry groups, gross average hourly earnings is obtained as the weighted arithmetic means of average hourly earnings for the individual industries, the weights being manhours.
Straight-time Average Hourly Earnings: - As an approach to measuring changes In basic wage rates, the "Sureau of Labor Statistics has made estimates of straight-time hourly earnings. Gross average hourly earnings for the individual manufacturing industries were deflated to eliminate the influence of overtime pay, on the assumption that overtime is paid for at one-and-a-half times the straight-time rate. Estimates for all manufacturing industries combined and for the durable goods and nondurable goods groups are weighted averages (current manhour weights) of the straight-time hourly earnings for the individual industries. The influence of payments for shift differentials, production and incentive bonuses and double-time pay far Sunday- and holiday work continues in such estimates of straight-time hourly earnings, thereby to some extent still resulting in an overstatement of straight-time hourly earnings.
The changing composition of the working force within plants, the shifting of workers between plants within the same industry, and the shifting of workers between the lower and the higher paying industries may also result in changes in gross and straight-time average hourly earnings even though no changes in wage rates had taken place. In order to eliminate the effect of the shifting of workers between industries on changes in average hourly earnings, the Bureau of Labor Statistics also computed estimates of straight-time average hourly earnings on the basis of fixed weights, that is, on the basis of manhours of employment by industry as of certain specified dates significant from the standpoint of the Nation¹ s wage stabilization program. Estimates for all manufacturing industries combined and for the durable and nondurable groups, on the January 19^1 fixed-weight basis, are also shown in the Handbook. Estimates of straight-time average hourly earnings with theTeiTecT of the other changes in the working force eliminated are not available. (For a detailed description of the methods employed by the Bureau of labor Statistics, see the Monthly Labor Review, November 19t2 and November 19h3)«
8U
INDUSTRIAL ACTIVITY
Employment, Pay Rolls, Hours, and Earnings (C ont inued )
The selected industries for which these data are shewn are as follows: '
Manufacturing Industries
All Industries Combined
Durable Goods Industries, Combined
Iron and Steel
Blast Furnaces, Steel Works and Rolling Mills
Electrical Machinery
Machinery, Except Electrical
Transportation Equipment, Except Automobiles Shipbuilding and Boatbuilding
Automobiles
Nonferrous Metals and Their Products
Aluminum Manufactures
Lumber and Timber Basic Products
Furniture and Finished Lumber Products
Stone, Clay and Glass Products
Nondurable Goods Industries, Combined
Textile-Mill Products and other Fiber Manufactures Apparel and other Finished Textile Products Leather and Leather Products Food
Slaughtering and Meat Packing
Tobacco Manufactures
Paper and Allied Products
Printing, Publishing and Allied Industries Chemicals and Allied Products Products of Petroleum and Coal Rubber Products
Nonmanufactuning Industries
Anthracite Coal Mining
Bituminous Coal Mining
Metal Mining
Quarrying and Nonmetallic Mining
Crude Petroleum Production
Wholesale Trade
Retail Trade
85
INDEXES OF FACTORY EMPLOYMENT AND STRAIGHT-TIME AVERAGE HOURLY EARNINGS
MANUFACTURING INDUSTRIES
| NOTE: See p. 82
Indexes of Factory Employment Straight-time
[Year Adjusted for Seasonal Variation Average Hourly Earnings
land (1939 = 100) Fixed Weight as Reported in January 1941
[Month All Durable Nondurable All Durable Nondurable
Manufacturing Goods Goods Manufacturing Goods Goods
11939 100.0 100.0 100.0 $ .640 $ .701 $ .572
I Aug. 99.9 98.4 101.0 .637 .699 .568
w 107.5 115.5 101.3 .654 .712 .590
w 132.1 153.8 115.0 .700 .769 .625
I Jan. 118.8 133.7 107.1 .664* .722 .601
1 Dec. 140.6 168.2 118.9 .744 .820 .660
11942 154.0 193.8 122.7 .781 .861 .695
1 May 149.9 185.0 122.2 .771 .847 .687
1 Sept. 160.2 205.4 124.6 .811 .899 .715
1 Oct. 162.9 210.5 125.3 .807 .888 •718
1943 177.7 241.7 127.4 - .846 .933 .752
1 May 176.9 239.1 127.8 .840 .925 .746
|w . 172.4 235.6 122.7 .896 .982 .802
Iw 149.5 188.5 118.8 .934 1.013 .848
| Jan. 168.1 226.1 122.4 .920 1.005 . .827
I Feb. 168.0 225.8 122.5 .918 1.000 .829
Mar. 166.5 222.8 122.0 .922 1.004 .633
Apr. 163.8 217.6 121.3 .925 1.007 •836
[ May 160,8 211.5 120.8 .933 1.015 .844
June 157.2 204.3 120.1 .931 1.012 .842
July 151.7 195.2 117.4 .933 1.017 .842
Aug. 147.6 187.5 116; 1
1 Sept. 127.8 144.8 114.5 1.024 .856
Oct. 127.2 142.6 115.1 .942 1.014 .863
Nov, 127.8 143.3 115.6 .949 1.020 .871
1 Bsc. 128.1 141.2 117.8 .957 1.028 .880
191:6
Jan. 130.7 144.4 119.8 .970 *Xq3T .895
I Feb. 122.3 122.6 122.1 .982 1.04-7 .911
Mar. 130.1 138.2 123.7 1.007 1.076 .932
Apr. 134.8 148.0 124.4
May
| June
July
| Aug.
| Sept,
| Oct.
I Nov,
: Bec.
' W
| Jan.
Feb.
Mar. *
Apr.
May
June
| July
Aug.
Sept.
1 Oct.
Nov.
Dec.
y Mot available for August 1945 because of the two VJ day holidays, which rendered inapplicable the estimating method«
SOURCE: Employment: Board of Governors, Federal Reserve System
Earnings: United States Department of labor, Bureau of Labor Statistics
86
ALL MANUFACTURING INDUSTRIES
NOTEt See p. 82 Employment, Pay Rolls, Hours, and Earnings
Production Workers Production Worker Average Average Hourly Earnings
Year Estimated Index Weekly Pay Rolls Weekly Average Strait-
and Number (1939 ’ ■ Amount Index Earnings Week ly Gross Time
Month (000) 100) ($000) (1939=100) (Dollars) Hours (Dollars) (Dollars)
1914 6,868 83.8 $77,142 42.7 $11.08 49.4 $ .223 OB OB
1915 7,185 87.7 83,113 46.0 11.72 51.0 .230 MB OB
1916 8,389 102.4 108,633 60.2 13.12 51.0 .257 MB MB
1917 8,928 109.0 136,937 75.8 15.54 51.0 .305 MM MB
1918 9,088 110.9 178,142 98.6 19.86 49.0 .405 sb so
1919 8,741 106.7 191,961 106.3 22.25 46.3 .477 OB BM
1920 8,782 107.2 229,703 127.2 26.50 47.7 .555
1921 6,717 82.0 148,259 82.1 22.36 43.5 .514
1922 7,430 90.7 159,094 88.1 21.69 45.0 .482 MB MB
1923 8,511 103.9 201,712 111.7 24.01 45.6 .522 MB MB
1924 7,905 96.5 187,988 104.1 23.93 43.7 .547 BO «
1925 8,176 99.8 198,281 109.8 24^7 44.5 .547 OB MB
1926 8,331 101.7 204,240 113.1 24.65 45.0 .548 OB OB
1927 8,159 99.6 200,629 111.1 24.74 45.0 .550 OB *
1926 • 8,167 99.7 202,796 112.3 24.97 44.4 .562 OB OB
1929 8,692 106.1 216,310 119.8 * 25.03 44.2 .566 M- OB
1930 7,578 92.5 175,166 97.0 23.25 42.1 .552 --- ---
1931 6,398 78.1 132,910 73.6 20.87 4o.5 .515 OB »
1932 5,439 66.4 91,556 50.7 17.05 38.3 .146 MB OB
1933 6,013 73.4 98,238 54,4 16.73 38.1 .442 OB OB
1934 7,029 85.8 126,409 70.0 18.40 34.6 .532 MB OB
1935 7,479 91.3 145,190 80.4 20.13 36.6 .550 OB OB
1936 8,110 99.0 168,124 93.1 21.78 39.2 .556 OB BO
1937 8,905 108.7 200,809 111.2 24.05 38.6 .624 OB OB
1938 7,455 91.0 153,677 85.1 22.30 35.6 .627
1939 8,192 100.0 180,584 100.0 23.86 37.7 .633 $.622
Aug» 8,233 100.5 180,584 100.0 23.77 38.1 .624 .613
1940 8,811 107.5 206,769 114.5 25.20 38.1 .661 .648
1941 10,825 132.1 302,478 167.5 29.58 40.6 .729 .702
Jan» 9,580 116.9 239,454 132.6 26.64 39.0 .683 .664
Dec» 11,557 141.1 352,319 195.1 32.18 41.1 .783 .750
1942 12,617 154.0 442,792 245.2 36.65 42.9 .853 .805
May 12,197 148.9 415,524 230.1 35.82 42.9 ’ .835 .788
Sept» 13,281 162.1 480,353 266.0 37.80 42.4 .892 .844
Oct. 13,411 163.7 498,773 276.2 38.89 43.6 .893 .839
1943 14,560 177.7 603,873 334.4' 43.14 44.9 .961 .894
May 14,401 175.8 596,650 330.4 43.08 45.2 .953 .885
1944 14,126 172.4 624,279 345.7 46.08 45.2 I.019 .947
Jan» 14,609 178.3 634,933 351.6 45.29 45.2 1.002 .931
Feb. 14,585 178.0 636,920 352.7 45*47 45.3 1.003 .931
March 14,433 176.2 632,947 350.5 45.64 45.3 1,006 .934
April 14,234 173.8 623,015 345.0 45.55 45.0 1.013 .942
May 14,113 172.3 623,557 345.3 46.02 45.3 1.017 .944
June 14,110 172.2 625,904 346.6 46.24 45.4 1.017 .944
July 14,078 171.9 613,263 339.6 45.43 44.6 1.018 .950
Aug. 14,093 172.0 619,584 343.1 45.88 45.2 1.016 .945
Sept. 13,936 170.1 617,417 341.9 46.24 44.8 1.032 .962
Oct» 13,801 168.5 620,848 343.8 46.94 45.5 I.03I .956
Nov. 13,735 167.7 615,791 341.0 46.85 45.3 1.035 .961
Dec» 13,789 168.3 626,085 346.7 , 47.44 45.6 I.040 .963
8?
ALL MANUFACTURING INDUSTRIES
1 NOTE: See p. 82 Employment, Pay Rolls, Hours, and 8 irnings
Production Workers Production Worker Average Average Hourly Earnings
1 Year Estimated index Weekly Pay Rolls Weekly Average ® ^Straight-
I and Number (1939 : : Amount Index Earnings Weekly Gross Time
1 Month (000) 100) ($000) (1939-100) (Dollars) Hours (Dollars) (Dollars)
I MS 12,250 1119.5 $520,8011 288.li $ 1111.111 Ii3.li $1,023 $.963*
Jan. 13,736 167.7 6211.098 3115.6 117.50 115.1: 1.0116 .970
Feb. 13,725 167.5 622,651: 31111.8 117.37 115.11 1.01:3 .968
I March 13,601 166.0 617,056 3111.7 117.110 115.11 1.0141 .969
April 13,356 163.0 601,886 333.3 117.12 115.1 1.0141 .971
May 13,090 159.8 575,521 318.7 116.02 U1.1 . 1.01:2 .976
i June 12,855 156.9 568,117 3U.6 116.32 1111.6 1.038 .969
July 12,1159 152.1 539,1101: 298.7 115.1:5 141.0 1.033 .969
1 Aug. 12,179 1118.7 1182,701 267.3 1:1.72 110.7 1.0211 *
Sept. 10,5.29 128.5 1:011,869 2211.2 110.87 111.11 .987 .9116
1 Oct, io,k5o 127.6 1102,522 222.9 110.97 1:1.6 .985 .9h5
Nov. 10,503 128.2 1102,522 222.9 110.77 111.2 .990 .951
Dec. 10,519 128.li 1108,1181 226.2 111.21 111.5 .9911 .9511
w
Jan. 10,666 130.2 1113,899 229.2 111.25 111.0 1.0011 . .966
Feb. 9,983 121.9 379,585 220.2 1:0.55 110.5 1.001 .967
March lp,62h 129.7 1:19,858 _232^5_ 112,21t 110.8 1.0311 .998
April J2M . VM
May
June
July
Aug. /
Sept.
Oct.
Nov.
Dec.
w
Jan.
Feb.
March
April
May
June
July
Aug,
Sept,
Oct,
Nov,
Dec, •
* 11 Month average. Double holiday in August (VJ Day) invalidates an estimate.
SOURCE : United States Department of Labor, Bureau of labor Statistics
88
INDUSTRY GROUP: DURABIE GOODS MANUFACTURING
NOTE: See p. 82 Employment, Pay Rolls, Hours, and Earnings
Production Workers Production Worker Average Average Hourly Earnings
Year Estimated Index Weekly Pay Rolls Weekly Average Straight-
and Number (1939® Amount Index Earnings Weekly Gross Time
Month (000) 100) ($000) (1939®1OO) (Dollars) Hours (Dollars) (Dollars)
1923 4,167 115.4 $106,956 119.8 BB» «B
1924 3,857 106.8 99,368 111.3 BB BB •* «m BB «B BB» «B
1925 3,979 110.2 104,635 117.2 •B BB bb a» BB ---I --- •*
1926 4,102 113.6 108,653 121.7 ■» BB bb * BB * BB BB
1927 3,860 106.9 102,403 114.7 abb «at BB MB BB BB BB BB
1928 3,907 108.2 105,974 118.7 bb « BB BB BB MB BB «BB
1929 4,250 117.7 115,170 129.0 a* bb bb er BB * BB» BB
1930 3,506 97.1 86,868 97.3 «bb bb «BB «BB BBB BB
1931 2,712 75.Ì 57,674 64.6 BB BB
1932 2,112 58.5 34,640 38.8 $16.21 32.6 $.497 --- BB
1933 2,304 63.8 38,122 42.7 16.43 34.8 .472 e» bb»
1934 2,896 80.2 54,103 60.6 18.87 33.9 .556 BBB BB
1935 3,192 88.4 66,424 74.4 21.52 37.3 .577 BB BBB
1936 3,629 100.5 83,565 93.6 24.04 41.0 .586
1937 4,174 115.6 106,063 118.8 26.91 40.0 .674 --- ---•
1938 3,156 87.4 70,352 78.8 24.01 35.0 .686 BB BB
1939 3,611 100.0 89,279 100.0 26.50 38.0 .698 $.685
Aug. 3,488 96.6 86,154 96.5 26.63 38.7 .688 .675
1940 4,172 115.5 111,688 125.1 28.44 39.3 .724 .706
1941 5,554- 153.8 180,611 202.3 34.04 42.1 .808 .770
Jan. 4,798 132.9 138,561 155.2 30.48 40.7 .749 .722
Dec. 6,084 168.5 216,055 242.0 36.93 42.5 .869 .823
1942 6,997 193.8 290,692 325.6 42.73 45.1 .947 .881
May 6,682 185.0 269,355 301.7 41.81 45.2 .925 .860
Sept. 7,431 205.8 320,154 358.6 44.45 44.6 .997 .931
Oct. 7,612 210.8 333,993 374.1 45.31 45.8 .990 .919
1943 8,727 241.7 419,165 469.5 49.30 46.6 1.059 .976
May 8,635 239.1 413,808 463.5 49.25 46.9 1.050 .966
1944 8,506 235.6 430,771 482.5 52.07 46.6 1.117 1.029
Jan. 8,931 247.3 445.234 498.7 51.21 46.6 1.099 1.023
Feb. 8,894 246.3 444,877 498.3 51.40 46.7 1.100 1.023
Mar. 8,793 243.5 441,217 494.2 51.54 46.7 1.103 1.015
Apr. 8,669 • 240.1 436.306 488.7 51.67 46.5 1.110 1.023
May 8,592 237.9 434,164 486.3 51.89 46.6 1.112 1.025
June 8,550 236.8 433,717 485.8 52.14 46.8 1.113 1.024
July 8,468 234.5 421,218 471.8 51.07 45.7 1.116 1.035
Aug. 8,427 233.4 424,968 476.0 51.84 46.6 1.112 1.025
Sept. 8,286 229.5 420,504 471.0 52.18 46.1 1.132 1.047
Oct. 8,181 .226.6 423,272 474.1 53.18 47.1 1.129 1.038
Nov. 8,125 225.0 418,540 468.8 53.04 46.7 1.136 1.046
Dec. 8,154 225.8 425,057 476.1 53.68 47.1 1.140 1.046
89
INDUSTRY GROUPS DURABLE GOODS MANUFACTURING
Employment, Pay Rolls, Hours, and Earnings
NOTE: See p. 82
Production workers Production Worker Average Average Hourly Earnings
Ie ar Estimated Index Weekly Pay Rolls Weekly Average Straight-
and Number (1939= Amount Index Earnings Weekly Gross Time
Month (000) 100) (iiooo) (1939-100) (Dollars) Hours (Dollars) (Dollars)
1945 6,809 138.5 $ 327,297 366.6 $ 49.07 44.1 . $1,111 $1,042*
Jan. 8,155 225.8 423,713 474.6 53.54 46.8 1.144 1.053
Feb. 8,142 225.5 421,397 472.0 53.30 46.8 1.139 1.048
Mar« 8,039 222.6 415,237 465.1 53.22 46.7 1.139 1.049
Apr. - 7,854 217.5 403,184 451.6 52.90 46.5 1.138 1.050
May 7,639 211.5 381,757 427.6 51.56 45.5 1.134 1.055
June 7,382 204.4 369,794 414.2 51.74 45.8 1.130 1.048
July 7,054 195.3 345,599 387.1 50.66 44.9 1.127 1.052
Aug. 6,779 187.7 299,442 335.4 45.72 41.1 1.113 *
Sept. 5,234 144.9 219,805 246.2 43.95 41.0 1.072 1.033
Oct. 5,151 142.6 217,573 243.7 44.23 41.6 1.063 1.021
Nov. 5,180 143.5 215,877 241.8 43.71 41.1 1.064 1.024
Dec. 5,097 141.2 214,270 240.0 44.08 41.4 1.066 1.025
1946 5,205 ror 216,948 243.0 43.67 ' 46.8"' 1.070 1.033
Jan.
Feb. 4,417 122.3 177,397 198.7 42.49 4o.o 1.063 1.031
Mar. U,986 138.1 210,431 235.7 44.72 40.6 1.101 1,065
Apr. 5,3^. m.9
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec«
1947
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
* 11 Month average« Double holiday in August (VJ Day) invalidates an estimate«
SOURCE: United States Department of Labor, Bureau of Labor Statistics
90
INDUSTRY GROUP: NONDURABIE GOODS MANUFACTURING
Employment , Pay Rolls, Hours, and Earnings
NOTE» See p. 82
Production Workers Production Worker Average Average Hourly Earnings
Tear Estimated index Weekly Pay Rolls Weekly Average straight-
and Number (1939= Amount Index Earnings Weekly Gross Time
Month (000) 100) ($000) (1939=100) (Dollars) Hours (Dollars) (Dollars)
1923 I*,31*7 91».9 ♦ 91*,682 103.7
192U l»,01»5 88.3 88,71*7 97.2 MA MB * * am es»
1925 l*,201 91.7 93,678 102.6 AM MB MB M AM AM AM 4»
1926 1»,1B7 91.1» 95,687 101*.8 4» MB MA * MB AM A. AA
1927 1*,297 93.8 98,152 107.5 AA MA e» a» ess «» AM AM
1926 l*,26O 93.0 96,871* 106.1 e* am AM AA OS AM
1929 MM* 97.0 101,256 110.9 AM MA «» MB
1930 l*,O68 88.8 88,291 96.7 --- ---
1931 3,692 '80.6 75,231* 82.1» AA
1932 3,321 72.5 56,971* 62.1» 1 17.57 1»1.9 $ .1*20
1933 3,715 81.1 60,078 65.8 16.89 1*0.0 .1*27 AM 4M
193k 1»,127 90.1 72,1*01* 79.3 18.05 35.1 .515 AM 4M
1935 1»,288 93.6 78,795 86.3 19.11 36.1 .530 AM 4M
1936 l*,l*85 97.9 81*,1*56 92.5 19.91» 37.7 .529 AM AM
1937 U,728 103.2 91*,771* 103.8 21.53 37.1* .577 AM AM
1938 1*,297 93.8 83,361 91.3 21.05 36.1 .581*
1939 1»,581 100.0 91,301* 100.0 21.78 37.1* .582 $ .572
Aug. 1»,71»5 103.6 91*,1*08 103.1* 21.77 37.8 .576 .565
1910 1*,639 101.3 95,01*7 101*. 1 22.27 37.0 .602 .593
191»! 5,270 115.0 121,891 133.5 21*. 92 38.9 .61*0 .625
Jan. 11,782 1011.1» 100,891 UO.5 22.75 37.3 .610 •601
Dec. 5,1*73 119.5 136,317 11*9.3 26.93 39.6 .680 .661
W 5,621 122.7 152,112 166.6 29.13 1*0.3 .723 .698
May 5,515 120.1* 11*6,178 160.1 28.55 1*0.1 .712 .689
Sept. 5,850 127.7 160,11*7 175.1» 29.53 39.7 .71*3 .720
Oct. 5,799 126.6 161*,801* 180.5 30.66 1*0.8 .751 .723
191*3 5,831» 127.1* IB!*,708 202.3 31*. 12 1*2.5 .803 .763
May 5,766 125.9 182,882 200.3 31».O7 1*2.8 • .796 .755
191*1» 5,621 122.7 193,1*73 211.9 37.12 1*3.1 .861 .811*
Jan. 5,678 123.9 189,730 207.8 36.03 1*3.0 .838 .793
Feb. 5,691 121*. 2 192,012 210.3 36.32 1*3.2 .81*2 •795
Mar. 5,61*0 123.1 191,61*7 209.9 36.56 1*3.2 •81*6 .799
Apr. 5,565 121.5 186,808 201*. 6 36.16 1*2.5 .850 .806
May 5,521 120.5 189,1*56 207.5 37.03 1*3.2 .858 .810
June 5,560 121.1* 192,286 210.6 37.30 1*3.3 .861 .813
July 5,610 122.5 192,101* 210.1* 37.05 1*3.0 .862 .815
Aug. 5,666 123.7 191*,660 213.2 37.15 1*3.0 .861* .818
Sept. 5,650 123.3 196,851 215.6 37.66 1*3.0 .876 .829
Oct. 5,620 122.7 197,1*91 216.3 37.97 1*3.3 .878 .829
Nov. 5,610 122.5 197,217 216.0 37.87 1*3.2 .877 .828
Dec. 5,635 123.0 201,051 220.2 38.39 1*3.5 .883 .832
91
INDUSTRY GROUPS NONDURABIE GOODS MANUFACTURING
NOTEs See p. 82
Employment, Pay Rolls, Hours, and Earnings
Production Workers Production Worker Average Hourly Earnings
Estimated Index Weekly ^ay Rolls Average Straight-
Year Number (1939« Amount index Weekly Average Gross Time
and (000) 100) (1000) (1939=100) Earnings Weekly (Dollars) (Dollars)
Month (Dollars) Hours
1945 5A1 118.8 ♦193,473 211.9 ♦ 38.30 42.4 ♦ .905 ♦ .858*
Jan. 5,581 121.8 200,504 219.6 38.66 43.4 .891 .840
Feb. 5,583 121.9 201,234 220.4 38.69 43.4 .892 .842
Mar. 5,562 121.4 201,782 221.0 38.96 43.5 .896 .845
April 5,502 120.1 198,586 217.5 38.80 43.2 .899 .850
May 5,451 119.0 193,747 212.2 38.18 42.3 .903 .858
June 5,473 129.5 198,404 217.3 38.95 43.1 .904 .854
July 5,405 118.0 193,656 212.1 38.59 42.8 .902 .854
Aug« 5,4oo 117.9 183,156 200.6 36.63 40.3 .909 «
Sept« 5,295 115.6 184,982 202.6 37.80 41.8 .903 .861
Oct« 5,299 115.7 184,982 202.6 37.76 41.5 .909 .870
Nov« 5,323 116.2 186,717 204.5 37.89 41.3 .918 .879
Dec« 5,422 118.4 194,204 212.7 38.52 41.5 .927 .887
w
Jan« 5,461 "119.2 196,943 ’ “SISTT 38.75 41.2 .941
Feb« 5,566 121.5 202,238 221.5 39.03 40.9 .953 .917
Mar« 5,638 123.1 209,360 . -22^ 39.87 40.9
Apr. ■ ^ 123.2
May --- ---
June
July
Aug.
Sept.
Oct.
Nov,
Dec.
1947
Jan.
Feb. 1
Mar.
Apr.
May
June
July
Aug.
Sept«
Oct.
Nov.
Dec.
* H Month average« Double holiday in Aug« (VJ Day) invalidates an estimate«
SOURCE: United States Department of Labor, Bureau of Labor Statistics
92
INDUSSI GROUP: IRON AND STEEL AND THEIR PRODUCTS
Employment, Pay Rolls, Hours, and Earnings
NOTEs See p. 82
Production Workers Production Worker Average Hourly Earnings
Weeklv Pav Rolls Average Straight-
Year Estimated Index Amount Weekly Average
and Number (1939 - Index Earnings Weekly Gross Time
Month ' (000) 100) Í1Q1Q = inni (Dollars) Hours (Dollars) (Dollars)
1939 991 100.0 $25,921 100.0 127.52 37*2 ».739 1.729
Aug. 968 97.7 25,247 974 27.82 37.7 .738 .727
1940 1,134 114.5 31,442 121.3 2941 38.6 .755 .741
1941 1,430 144.2 47,513 183.3 34*66 41.6 .833 .800
Jan. 1,284 129.5 38,052 146.8 31.07 404 , .769 .745
Dec • 1,502 151.5 53,294 205.6 37.05 424 •880 .841
1942 1,592 160.6 63,118 243.5 40.96 43.6 .939 .886
May 1,574 158.7 61,018 2354 4045 43.5 .923 .871
Sept. 1,611 162.4 65,788 253.8 4244 43.0 .980 .929
Oct. 1,626 164.0 68,069 262.6 4345 44.3 .979 .919
1943 1,761 177.6 80,718 3114 47.76 46.2 1.033 .956
May 1,758 177.4 80,070 308.9 47.61 464 1.026 .948
1944 1,734 174.9 84,088 324 4 50.63 46.8 1.082 .997
1945 1,525 153.8 72,190 278.5 4940 44*6 1.100 1.030
Jan. 1,729 1744 85,514 329.9 51.65 46.9 1401 I.014
Feb. 1,741 175.6 86,084 332 4 51.56 46.9 1.098 1.011
Mar. 1,733 174.8 86,447 333.5 52.09 474 1407 1.017
Apr. 1,707 172.1 85,229 328.8 52.08 46.9 1.109 1.021
May 1,683 169.7 82,585 3184 51.14 46.0 1412 I.030
June 1,630 1644 79,915 308.3 5144 46.0 1.112 I.030
July 1,555 156.8 75,093 289.7 5041 45^2 1414 1.038
Aug. 1,490 150.3 66,306 255 4 46.31 41.7 1409 1.064
Sept. 1,240 125.1 53,631 206.9 4548 41.8 1.089 1.043
Oct. 1,241 125.2 53,734 207.3 4540 424 1.078 1.031
Nov. 1,255 126.6 54,538 2104 45.51 424 1.082 .958
Dec. 1,294 130.5 57,156 220.5 46.38 42.5 1.091 1.039
1946
Jan. 1,308 131.9 56,016 2164 44*95 414 1.095 1.056
Feb. 843 85.0 32,972 127.2 4249 39.2 1.084 1.062
Mar. 1,268 127.9 54,719 2114 46.79 404 1.168 1435
Apr. 1,321 133.2 --- •■•■■■■•MM
May II .11 ■ ■ ■■MMM ---
June ---
July --- •»---■■••
Aug. ....... ■
Sept. ---MM--- --- MaMMMM
Oct. MM--- M---M ------ ---M
Nov. MM«M^ «■•MMMM»
Dec. ------ . 1 " --------- __--- --- ------------
1947 --- --- --- --- ------ --- ------
Jan.
Feb. --- --- - mbmmMM
Mar. «■MMMM« ------•■■
Apr. --- ------ --------- --- ---
May
June ------ ---M
July --- «■M---BMM» «MB---MM
Aug. MBHKMMM «■■MMMMB --- MMMMM
Sept. MMMMMM MM---
Oct. ----M---
Nov. «MMMMM
Dec .
ocoree: ”“Ur3Të3"Stâtës Department of UboS», Bttfèâü Lâbôr-StâtiStlôB
93
INDUSTRY: BUST FURNACES, STEEL WORKS, AND ROLLING MILLS
1 NOTE : See p ._82__ Employment, Pay Rolls, Hours, and Earnings
Production Workers Production Worker Average Average Hourly Earnings
I Year Estimated Index Weekly Pay Rolls Weekly Average Straight-
I and Number (1939 « Amount Index Earnings Weekly Gross Time
1 Month (000) 100) ($000) (1939-100) (Dollars) Hours (Dollars) (Dollars)
I 1939 388.4 100.0 $ 11,501 100.0 $ 29.88 35.3 $ .845 $ .845
Aug. 370.2 95.3 10,995 95.6 30.26 35.7 .847 .847
1910 450.9 116.1 14,134 122.9 31.49 37.0 .851 .840
Ml 528.0 135.9 19,724 . 171.5 37.18 39.0 .953 .934
I Jan. 493.3 127.0 16,481 143.3 33.60 38.7 .869 .852
। Dec. 543.3 139.9 21,092 183.4 38.84 39.2 .992 .971
M2 538.1 138.5 22,380 194.6 41.67 40.2 1.030 1.000
- May 547.9 141.0 22,047 191.7 40.30 40.0 1.007 •980
Sept. 532.1 137.0 22,967 199.7 43.21 39.9 1.077 1.049
Oct. 526.3 135.5 23,082 200.7 43.93 40.9 1.073 1.037
M3 516.6 133.0 25,566 222.3 49.77 44.3 1.124 1.055
May 522.4 134.5 25,555 222.2 49.12 44.1 1.120 1.053
Mil 482.9 124.3 25,727 223.7 54.02 46.3 1.167 1.079
1916 458.0 117.9 23,691 206.0 52.44 44.1 1.188 1.117
Jan« 474.8 122.2 25,808 224.4 55.04 46.2 1.191 1.102
Feb. 478.4 123.1 25,716 223.6 54.58 46.3 1.181 1.092
March 478.5 123.2 26,348 229.1 56.10 47.0 1.195 1.099
April 475.4 122.4 26,279 228.5 56.32 47.0 1.199 1.103
May 473.8 122.0 26,118 227.1 56.24 46.6 1.208 1.115
June 470.0 121.0 25,624 222.8 55.39 45.6 1.214 I.I28
July 461.6 118.8 24,991 217.3 54.89 45.1 1.218 1.135
Aug. 456.7 117.6 22,909 199.2 50.74 42.2 1.204 I.150
Sept. 422.4 108.8 20,161 175.3 47.51 40.4 1.171 1.235
Oct. 426.1 109.7 19,482 169.4 46.22 40.4 1.243 I.208
Nov. 431.5 111.1 19,965 173.6 46.81 40.8 1.246 1.208
Dec« 446.3 114.9 20,839 181.2 47.33 41.0 1.155 1.115
' M6 448.7..... 115.5" 19,919 173.2 36.75 3Ò.4* 1.217* n.a.
Jan« U7.3 ZEZ Ju. ■to. ■3LL 1.269
Feb. 120.3
March
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec«
2947
Jan.
Feb. ------ 5 ---------
March
April
May
June
July
Aug.
Sept.
Oct,
Nov.
Dec.
* Does not Include production workers who were on strike: not comparable with other figures«
SOURCE: United States Department of Labor, Bureau of Labor Statistics
94
INDUSTRY GROUP: EIECTRICAL MACHINERY
NOTE: See p. 82 Employment, Pay Rolls, Hours, and Earnings
Year Production Woiters Production Worker Average Average Average Hourly Earnings
and Estimated Index Weekly Pay Rolls ■ Weekly Weekly Gross Straight-
Month Number (1939 s : Amount Index Earnings Hours (Dollars) Time
(000) 100) (»000) (1939-100) (Dollars) (Dollars)
1939 259 100.0 $ 6,527 100.0 $ 27.09 38.6 $ .702 ».689
Aug* 258 99*5 6,1*91* 99.5 27.25 39.1 .697 .682
Mo 305 117.8 8,31*8 127.9 29.38 1*0.1* .728 .705
191*1 1*1*6 172.0 11*,660 2211.6 35.01* 1*3.7 <802 .756
Jan. 361 139.3 10,652 163.2 31.81* 1*2.1* .751 .716
Dec. 1*98 192.3 17,695 271.1 37.91 1*1*.6 .850 .796
191*2 560 216.0 22,120 338.9 1*1.91* 1*6.2 .907 .839
May 525 202.1* 20,306 3U.1 1*1.21 1*6.2 .892 .825
Sept. 593 228.9 21*,300 . 372.3 1*3.65 1*6.0 .91*9 .879
Oct. 619 238.9 25,306 387.7 1*3.73 1*6.7 .936 .863
191*3 71*1 285.9 31,852 1*88.0 1*5.53 1*6.9 .971 .891*
730 281.6 31,278 1*79.2 1*5.61* 1*7.3 .965 .886
190* 765 295.2 31*,587 529.9 1*7.76 1*6.1* 1.029 .951
391*5 622 ’ 21*0.1 27,851 1*26.7 1*6.1*5 l*l*.l 1.053 .990
Jan. 729 281.2 311,1*21* 527.1* 1*9.61* 1*6.5 1.069 .987
Feb. 728 281.0 31*,1*83 528.3 1*9.85 1*6.7 1.067 .981*
March 726 280.2 311,502 528.6 1*9.89 1*6.6 1.070 .988
April 715 276.0 33,797 517.8 1*9.59 1*6.1* 1.068 .987
May 701* 271.6 32,668 500.5 1*8.73 1*5.6 1.068 .992
June 691 266.6 31,983 1*90.0 1*8.53 1*5.7 1.061 .986
July 659 251*. 1 30,061* 1*60.6 1*7.91 1*5.3 1.057 .981*
Aug. 61*0 21*6.8 26,056 399.2 1*2.75 1*1.2 1.038 1.000
Sept. 1*1*5 171.5 17,525 268.5 1*1.37 1*0.8 1.011* .981
Oct. 1*67 180.1 18,870 289.1 1*2.39 1*1.1 1.031 ..991*
Nov. 1*79 181*.9 19,705 301.9 1*2.98 1*1.3 1.039 1.000
Dec. 1*81* 186.9 20,136 308.5 1*3.58 1*1.5 1.050 • 1.009
191*6 ' 19,75F 302“.F 1*1.1*? 1*1.3“ 1.013"
Jan. 1*0.3
Feb.
March Jo. 158,2 1*0.1*'
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
291*7 --- ------ --- ---
Jan.
Feb.
March
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
SOURCE: United States Department of Labor, Bureau of Labor Statistics
95
INDUSTRI GROUP» MACHINERY, EXCEPT EIECTRICAL
_ Employment, Pay Rolls. Hours, and Earnings
NOTE: See p. 82
Production Workers Production Worker Average Average Hourly Earnings
Year Estimated Index Weekly Pay Rolls Weekly Average Straight-
and Number (1939 = Amount index Earnings Weekly Gross Time
Mor h (ooo) 100) (1000) (1939-100) (Dollars) Hours (Dollars) (Dollars)
1939 529 100.0 ♦14,541 100.0 ♦ 29.27 39.3 ♦ .746 ♦ .730
■ Aug« 519 98.2 14,367 98.8 29.23 39.4 .742 .726
|w 630 119.2 18,991 130.6 31.87 41.9 .761 .728
19U 869 164.5 31,961 219.8 38.34 45.9 .834 .773
■ Jan. 729 138.1 23,746 163.3 34.36 44.0 .781 .735
■ Dec. 961 181.9 38,694 266.1 42.23 47.4 .891 .817
■19U2 1,096 207.4 49,600 341.1 47.28 49.2 .961 .870
■ May 1,064 201.4 47,666 327.8 46.98 49.5 .949 .857
1 Sept. 1,138 215.4 51,824 356.4 47.71 48.0 .994 .908
I Oct. 1,165 220.4 54,791 376.8 49.34 49.5 .997 , •900
|w 1,293 244.7 64,519 443.7 52.37 49.3 1.063 .961
|May 1,295 245.0 64,926 446.5' 52.48 49.7 1.056 .953
1914 1,246 235.9 64,417 443.0 54.63 48.7 1.123 1.021
1916 1,080 204.3 53,628 368.8 52.24 45.8 1.140 1.058
I Jan. 1,214 229.8 64,054 440.5 55.92 48.7 1.149 1.044
I Feb. 1,218 230.6 64,548 443.9 56.13 48.8 1.151 1.046
1 March 1,206 228.3 63,792 438.7 56.07 48.6 1.153 1.049
April 1,104 224.0 62,003 426.4 55.46 48.1 1.152 1.052
1 May 1,162 219.9 58,848 404.7 53.68 46.6 1.152 1.063
I June 1,143 216.3 59,182 407.0 54.91 47.7 1.150 1.053
\ July 1,105 209.2 55,896 384.4 53.58 46.7 1.148 1.058
I Aug. 1,076 203.7 49,207 338.4 48.41 42.7 1.134 1.078
I Sept. 913 172.7 41,544 285.7 48.12 43.0 1.119 1.061
I Oct. 909 172.1 41,311 284.1 48.12 43.0 1.118 1.060
1 Nov. 911 172.4 41,195 283.3 47.90 42.6 1.124 1.070
I Dec. 914 172.9 41,980 288.7 48.63 42.9 1.134 1.076
W
1 Jan. 956 180.9 297.5 47.84 42.0 1*13? 1.090
1 Feb. 833 wir 47.49 41.4 1.147 xw
I March 40,4id 277.9 48.66 41.6 " 1.169
I April 176.4
1 May
1 June
July X
1 Aug.
1 Sept.
1 Oct.
I Nov.
1 Dec.
W
I ¿an.
1 Feb.
1 March
1 April
1 May
1 June
1 July
1 Aug.
1 Sept,
1 Oct.
Nov.
I Dec.
SOURCE: United States Department of labor. Bureau of labor Statistics
96
INDUSTRY GROUP: TRANSPORTATION EQUIPMENT, EXCEPT AUTOMOBIIES
NOTE: See p. 82 Employment, Pay Rolls, Hours, and Earnings
Production Workers Production Worker Average Average Hourly Earnings
Year Estimated Index Weekly Pay Rolls Weekly Average straight-
and Number (1939 = : Amount Index Earnings Weekly Gross Time
Month (000) 100) ' ($000) (1939=100) (.Dollars) Hours (Dollars) (Dollars)
1939 159 100.0 ♦I*,651 100.0 $ 30.51 38.9 $ .785 . $ .769
Aug. 160 100.8 1*,681* 100.7 30 .b6 39.2 .777 .761
19b0 275 173.3 8,781 188.8 32.59 bl.0 .795 .767
Ml 598 376.6 21*,1*65 526.0 b0.30 bb.b .907 .851
Jan. b02 253.3 11*, 205 3O5.b 35.69 1*3.1 .828 .78b
Dec. 865 51*5.1 1*0,317 866.8 b6.38 b6.1 1.006 .932
M2 1,539 969.5 81,21*7 171*6.8 52.08 b7.6 1.09b 1.002
May 1,36b 859.3 69,89b 1502.7 51.02 b8.0 I.O63 .971
Sept. 1,819 111*5.6 99,220 2133.2 5b. 22 b6.7 1.161 1.070
Oct. 1,921 1209.6 103,02b 2215.0 53.3b b7.1 1.132 1.01*0
M3 2,508 1580.1 lb3,271 3O8O.3 56.1b b7.1 1.199 1.102
May 2,b75 1559.0 lb0,76b 3O26.b 56.29 b7.5 1.185 1.087
19bb 2,393 1508.0 lb5,76b 3133.9 60.28 b7.3 1.27b 1.170
19b5 l,b5b 916.1* 86,787 1865.9 56.10 b3.7 1.283 1.210
Jan. 2,173 1369.2 138,b90 2977.5 62.61 b8.0 1.30b I.39I
Feb. 2,13b 13bb.6 13b,025 2881.5 61.56 b7.2 1.30b I.I98
March 2,061 1298.1* 128,71*1 ' 2767.9 61.13 b7.1 1.299 1.M
April 1,96b 1237.5 121,6b8 2615.b 60.58 b6.8 1.295 1.193
Nay 1,830 1153.0 111,1*2*3 2396.0 59.56 1*5.9 1.297 1.202
June 1,681 1059.1 103,b20 2223.5 60.03 b6.2 1.300 1.202
July 1,577 993.9 96,187 2068.0 59.63 1*5.8 1.301 1.207
Aug. 1,1*68 925.2 81,033 17b2.2 5b.O7 bl.7 1.297 1.2bb
Sept. 788 1*96.5 39,261 81*b.l b8.98 38.8 1.26b 1.2b0
Oct. 667 1*20.1* 33,186 713.5 1*8.92 39.1 I.250 1.22b
Nov. 573 361.3 27,U*O 583.5 b6.56 37.1* 1.2bb 1.227
Dec. 536 338.0 26,8b7 577.2 b9.18 39.7 1.239 1.209
M6
Jan. 519 559.1 “W> ■ 11331 1.M“
Feb. b¿2 290.8 23,768 b93.6 Lq.o 1.310
March 511.0
April
May
June
July
Aug.
Sept.
Oct,
Nov.
Dec.
M7
Jan.
Feb.
March
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
SOURCE: United States Department of labor, Bureau of Labor Statistics
97
INDUSTRY: SHIPBUILDING AND BOAT BUI ID BIG
' NOTE: See p. 82 Employment, Pay Rolls, Hours, and Earnings
Production Yorkers Product! on Worker Average Average Hourly Earnings
Year Estimated Index Weekly Bay Rolls Weekly Average Straight-
and Number (1239 = : Amount index Earnings Weekly Grogs Time
Month ■ (ÖOO) 100) ($000) (1939=100) (Dollars) Hours (Dollars) (Dollars)
1939 69.2 100.0 $2,065 100.0 $ 31.91 38.0 $ .835 $ .822
Aug. 68.7 99.3 2,036 98.6 31.69 38.1 .829 .816
W 97.9 141.3 3,198 154.9 34.81 39.8 .870 .848
Ml 224.1 323.7 9,758 472.6 44.59 44.4 1.002 .940
Jan. 137.8 199.0 4,995 241.9 37.69 42.0 .893 .855
Dec. 353.2 510.0 17,265 836.2 49.19 46.0 1.060 .982
1942 738.8 1066.9 4i,4o4 2005.3 55.99 48.0 1.165 1.064
May 643.8 929 .8 34,318 1662.1 53.27 48.6 1.091 .993
Sept. 911.3 1316.0 53,419 2587.2 58.60 47.0 1.247 1.14.7
Oct. 950.4 1372.5 54,617 2645.2 57.54 47.6 1.208 1.107
1943 1225.2 1769.4 74,221 3594.7 60.84 47.5 1.280 1.174
May 1215.3 1755.1 72,704 3521.2 6o.o4 47.8 1.255 1.148
1944 . 1137.0 1642.1 72,559 3514.2 63.84 47.5 1.344 1.232
1945 665.8 961.5 41,642 2016.8 61.72 45.1 1.370 1.277
Jan. 1020.8 1474.2 68,413 3313.4 66.12 48.1 1.367 1.248
Feb. v973.0 1405.2 64,164 3107.6 65.12 47.1 1.382 1.270
March 917.1 1324.5 60,014 2906.6 64.56 46.9 1.376 1.267
April 853.9 1233.2 55,979 2711.2 64.68 47.0 1.378 1.268
May 783.6 1131.6 50,248 2433.6 63.26 45.8 1.382 1.282
June 738.7 1066.8 48,061 2327.7 64.15 46.3 1.385 1.281
j July 691.0 997.9 45,288 2193.4 64.62 46.6 . 1.388 1.281
Aug. 647.2 934.7 39,641 1919.9 60.46 43.6 1.386 1.308
Sept. 445.4 643.3 23,040 1115.9 51.06 38.7 1.319 1.294
- Oct. 368.2 531.8 18,446 893.4 49.50 38.2 1.297 1.275
: Nov. 286.0 413.0 13,171 637.9 45.56 35.0 1.301 1.301
Dec. 264.7 382.3 13,239 641.2 49.44 38.3 1.292 1.270
1946
Jan. “awj. 345.6 12,440 60g. £ 49.44 38.8 1.573 1.549
i Feb. "'TO ' 324.7 TO 47.61 37.3 1.278 1.260
j March 22O.U 318.3 IT,428 ' 553.5' 51.46 “30" "T.30Ö
April
[May
I June
July
1 Aug.
Sept.
Qct.
Nov.
i Dec.
194?
Jan.
Feb.
March
APril
May
I June
I July •
Aug.
I ^pt.
I Nov.
Dec.
---------
SOURCE: United States Department of labor. Bureau of labor Statistics «•^.^4». _₇ •
98
INDUSTRI GROUP: AUTOMOBIIES
NOTE: See p. 82 Employment, Pay Rolls, Hours, and Earnings
Production Workers Production Worker Average Average Hourly Earnin
Year Estimated Index Weekly Pay Rolls Weekly Average Straighl
and Number (1939 = : Amount Index Earnings Weekly Gross Time
Month (000) 100) ($000) (1939=100) (Dollars) Hours (Dollars) (Dollar
1939 402 100.0 $ 12,538 100.0 $ 32.91 35.4 $.929 $.929
Aug. 292 72.5 9,730 , 77.6 35.25 37.7 .935 .921
1940 465 115.5 15,848 126.4 35.76 37.7 .948 .934
1941 570. 141.7 22,569 180.0 41.25 39.6 1.042 1.018
Jan. 559 138.8 20,099 , 160.3 ' 37.69 38.9 .969 .950
Dec. 544 135.2 22,268 177.6 42.41 37.4 1.134 1.118
1942 510 126.9 25,879 206.4 51.94 44.4 1.269 1.097
May 461 114.6 23,020 183.6 51.52 44.3 1.163 1.092
Sept. 558 138.8 28,362 226.2 52.26 44.1 1.285 1.114
Oct. 576 143.2 29,665 236.6 52.97 45.2 1.172 1.092
1943 714 177.5 40,273 321.2 56.94 46.2 1.234 1.141
May 680 168.9 38,354 305.9 57.00 46.3 1.231 1.239
1944 732 182.0 42,041 335.3 57.82 45.5 1.270 1.281
1945 590 146.6 31,045 247.6 51.99 41.3 '1.256 I.208
Jan. 712 176.9 41,815 333.5 59.42 45.2 1.314 1.225
Feb. 7U 176.8 41,853 333.8 59.49 46.5 1.279 1.281
March 700 173.9 40,812 325.5 58.99 46.1 1.280 1.185
April 691 171.6 39,809 317.5 58.28 45.5 I.28O I.I90
May 665 165.3 36,637 292.2 55.74 43.9 1.269 1.194
June 642 159.4 35,308 281.6 55.55 43.8 1.268 1.194
July x 601 149.3 31,734 253.1 53.29 42.3 1.260 1.202
Aug. 556 138.3 23,008 . 183.5 41.70 33.5 1.245 1.245
Sept. 426 105.9 18,958 151.2 44.65 36.5 1.224 1.209
Oct. 460 114.4 21,541 171.8 46.86 38.4 1.219 1.297
Nov. 525 130.5 24,098 192.2 45.99 37.8 1.217 I.I98
Dec. 388 96.4 16,989 135.5 43.89 36.0 1.220 I.208
1946
Jan. 416 103.5 1153.5 46.19' 37.5 ■'1.230 1.21T
Feb. U|2.$ 19,835 406 34.1 1.250-
March ' 46.09 3M
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1947
Jan.
Feb.
March
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
SOURCE: United States Department of Labor, Bureau of Labor Statistics
99
INDUSTRY GROUP: NONFERROUS METAIS AND THEIR PRODUCTS
1_N0TEi_See_p_._82__ Employment, Pay Rolls, Hours, and Earnings
Production Workers Production Worker Average Average Hourly Earnings
I Year Estimated Index Weekly Pay Rolls Weekly Average Straight-
I and Number (1939 - Amount Index Earnings Weekly Gross Time
1 Month (OOO) 100) . ($000) (1939-100) (Dollars) Hours (Dollars) (Dollars)
1939 229 100.0 $ 5,767 100.0 $ 26.71* 38.9 $ .687 ♦ .673
I Aug. 222 96.7 5,531 95.9 26.1*8 39.0 .679 .665
w 26? 116.5 7,255 125.8 28.39 39.9 .711 .693
1 ^^ 31*5 150.3 10,929 189.5 33.07 1*2.1* .779 .71*2
I Jan. 311* 136.8 9,U2 158.0 30.1*7 1*1.1* .736 .707
I Dec. 362 158.0 12,521 217.1 36.20 1*3.1* .831* .788
191*2 389 169.5 15,361* 266.1* 1*0.78 1*1*3 .913 .855
I May 377 161*.3 H*,395 21*9.6 39.1*7 1*1*.2 .893 .839
Sept. 1*01 17U.7 16,1*11* 281*.6 1*2.16 l*l*.l .956 .899
I Oct. 1*05 176.6 17,025 295.2 1*3.’*3 1*5.1* .956 .889
191*3 14*9 196.0 20,1*1*5 35U.5 1*7.20 1*6.6 1.013 .935
May 1*37 190.7 20,065 31*7.9 1*7.76 1*7.1 1.011* .932
191*1* 1*36 190.0 20,636 357.8 1*9.16 1*6.8 1.050 ♦967
191*5 377 161*.6 17,651* 306.1 1*8.28 1*5.2 1.068 .995
I Jan. 1*15 131.1 20,319 352.3 50.92 1*7.2 1.079 .992
Feb. 1*21 183.8 20,659 358.2 50.76 1*7.1 1.078 .991
March 1*26 185.6 20,993 361*.O 51.18 1*7.3 1.081 .992
April 1*23 181*.6 20,763 360.0 50.96 1*7.1 1.082 ♦991*
May 1*20 183.1* 20,030 31*7.3 1*9.52 1*6.0 1.077 .997
June 1*09 178.1* 19,1*88 337.9 1*9.55 1*6.2 1.072 .992
July 381* 167.6 18,058 313.1 1*8.81 1*5.7 1.068 .992
Aug. 378 165.1 16,852 292.2 1*6.15 1*3.3 1.067 1.008
I Sept. 301 131.2 12,879 223.3 1*1*.,41 1*2.5 1.01*1* .991*
I Oct. 305 . 133.0 13,288 230.1* 1*5.30 1*3.2 1.01*8 .991
Nov. 319 139.3 Hi,01*1* 21*3.5 1*5.71 1*3.2 1.058 1.001
I Dec. 326 11*2.2 lli,l*l*2 250.1* 1*6.08 1*3.3 1.063 1.005
w
Jan. 11*5.3 U*,77O 256.1 1*6.13 1*3.3 1.066 1.007
1 Feb. 291 "®.S ¿28.7 1*7.15 1.091 "
March 138 J* H*,1*65 ' 250.8 ' 1*7.51' 1*2.1* 1.116 ' ~1.0Ó1*
I April
May
I June
1 July
1 Aug.
1 Sept.
1 Oct.
1 Nov.
Dec. 1
1 191*7
1 Jan.
1 Feb.
March 1 •
April
W
1 June
July
1 Aug.
i Sept.
1 Oct.
I Nov.
I Dec. ------ . .......... --- ------~ ------ --------- ---------
SOURCE: United States Department of labor. Bureau of Labor Statistics
100
INDUSTRY: ALUMINUM MANUFACTURES
NOTE: See p. 82 Employment, Pay Rolls, Hours, and Earnings
Production Workers Production Worker Average Average Hourly Earnings
Year Estimated Index Weekly Pay Rolls Weekly Average Straight-
and Number (1939 : Amount index Earnings Weekly Gross Time
Month (000) 100) ($000) (1939=K>0) (Dollars) Hours (Dollars) (Dollars)
1939 23.5 100.0 $ 61:1 100.0 $ 27.119 39.3 $ .699 $ .6811
Aug. 23.11 99.5 6311 98.9 26.83 38.3 .700 .688
W 33.9 11111.0 1,019 159.1 29.97 110.6 .736 .712
Ml 113.8 186.2 1,502 2311.5 35.911 112.1 .836 .799
Jan. 110.8 173.11 1,305 203.7 32.85 112.0 .782 .7118
Dec. 119.5 210.lt 1,930 301.2 39.68 1111.8 .887 .828
19112 6U.U 273.5 2,738 li27.li 113.31 115.1 .959 .8911
May 62.1 263.7 2,559 399.li 111.93 141.9 .933 .870
Sept. -69.6 295.7 3,056 1177.0 1111.75 141.5 1.007 .914:
Oct. 70.3 298.5 3,188 1197.6 . 116.23 115.7 1.011 .939
M3 79.U 337.1: 3,790 591.6 118.56 116.9 1.036 .95U
May 73.0 309.9 3,551i 5511.8 119.67 117.7 1.0111 .9511
19141 73.5 312.li 3,588 560.1 119.118 116.5 1.063 .981
M3 57.0 2112.2 2,691 1120.0 117.86 141.9 1.065 .9911
Jan. 66.8 283.9 3,393 529.6 51.37 117.U 1.083 .993
Feb. 68.8 292.3 3,11711 5112.2 51.15 117.3 1.080 .991
March 70.5 299.2 3,562 556.0 51.20 117.11 1.080 .990
April 70.6 300.0 3,5119 5511.0 50.99 117.1 1.083 .995
May 69.8 296.3 3,351i 523.5 118.69 115.11 1.073 .998
June 66.8 283.5 3,187 li97.li 118.58 115.6 1.065 .989
July 61.2 260.0 2,882 U9.9 1:7.92 115.0 I.O6I1 .993
Aug. 59.0 250.11 2,639 1111.9 115.117 112.8 1.062 1.009
Sept. 35.9 152.5 1,1109 219.9 39.86 39.0 1.020 1.000
Oct. 36.0 152.9 1,506 235.0 112.62 111.9 1.018 .9711
Nov. 38.li 162.9 1,627 253.9 113.23 111.7 1.038 .995
Dec. 1:0.7 172.6 1,709 266.7 112.88 111.3 1.037 .998
M6
Jan. 144 '178.5 41.Ó 1.051
Feb. 1,107 172.8 U2.Ò i.o?h 1.047
March Jea. I7I.I 1.861 290.5 110.8 I.H10 1.102
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
19U7
Jan.
Feb.
March
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec. --------- --------- --------- ---
SOURCE: United States Department of labor, Bureau of labor Statistics
131
INDUSTRI GROUP: LUMBER AND TIMBER BASIC PRODUCTS
NOTE: See p. 82 Employment, Pay Rolls, Hours, and Earnings
Production Workers Production Worker Average Average Hourly Earnings
Year Estimated Index Weekly Pay Rolls Weekly Average Straight-
and Number (1939 ■ Amount Index Earnings Weekly Gross Time
Month (000) 100) ($000) (1939-100) (Dollars) Hours (Dollars) (Dollars)
1939 U20 100*0 $ 6,959 100*0 $ 19.06 39.0 $ .489 $ .479
Aug. 109 M.5 7,467 107.3 19.57 39.7 .493 .481
1940 442 105.3 7,634 109*7 19.69 38.6 .511 *501
19U1 535 127.3 20,466 150.4 22.22 39.7 .559 .546
Jan* 466 110.8 8,260 118.7 20.27 38.9 .521 .511
Dec* 557 132.6 < 11,065 159.0 22.64 38.7 .585 .574
M2 560 133.3 12,992 286.7 26*47 40.8 .648 .627
May 561 133.1» 12,602 281.1 25.79 40.8 .632 *611
Sept* 573 136.3 14,036 201.7 27.96 41.0 *682 .658
Oct* 560 133.3 . 14,460 207.8 29.52 42.5 *694 .661
1910 535 127.3 14,968 215.1 31*73 43.1 *736 .697
May 538 128.0 15,330 220.3 32*28 43.8 .737 .694
Mil 516 122.8 15,630 224.6 34.19 43.2 .791 .748
M5 509 121.1 15,191 218*3 33.80 42.0 .804 .769
Jan* 512 121*7 15,261 219*3 33.72 42.6 .791 .753
Feb. 516 122.7 15,664 225.1 34.40 43.3 .794 .750
March 517 123.0 15,741 226*2 34*38 43.1 .798 .756
April 510 121.3 15,887 228*3 35.20 43.6 .807 .762
May 519 123.1» 16,040 230.5 34.97 42.9 .814 .772
June 523 124.5 16,680 239.7 36.20 44.0 *822 .774
July 522 124.2 15,456 222.1 33.52 41.4 *810 *778
Aug. 521» 124.7 15,261 219.3 32.91 4o.5 *813 .788
Sept. 508 120*8 14,982 225.3 33.41 40.8 .819 .792
Oct* 1:76 113.3 13,848 199.0 33.08 42.2 .784 ' .749
Nov. 484 115.0 23,556 294.8 31.98 40.5 *789 .765
Dec* 1:99 118.6 13,876 199.4 31.78 39.0 .814 .798
w
Jan* Ì 122a . ^54 ' ¿07.7 "32.15 "38.8 "*814
Feb* w mhmmmm. 3ÉC " '*813
March 127.0
April
May
June
July-
Aug*
Sept*
Dec.
1947
Jan. MM. ---------
Feb*
March
April
May
June
July
Aug*
Sept*
Oct*
Nov*
«MM**
SOURCE: United States Department of Labor, Bureau of Labor Statistics
1Û2
INDUSTRY GROUP: FURNITURE AND FINISHED UMBER PRODUCTS
NOTE: See 82 Employment, Pay Rolls, Hours, and Earnings
Production Workers rroauctionWorker^ Average Hourly^arnSgs
Estimated Index Weekly Pay Rolls Average Straight-
Year Number (1939 = Weekly Average Time
and (000) 100) Amount Index Earnings Weekly Gross (Dollars)
Month («000) (1939=100) (Dollars) Hours (Dollars)
1939 328 100.0 $ 5,901* 100.0 1 19.95 38.5 « .518 i .509
Aug. 331 100.9 6,010 101.8 20.21* 39.0 .519 .509
19110 31*3 101*.7 6,1*18 108.7 20.67 38.6 .536 .526
191*1 391 119.2 8,511* lltl*.2 23.78 1*0.8 .582 .563
Jan. 357 108.8 6,778 m*.8 20.90 38.7 .51*0 .530
Dec. 1*06 123.7 9,577 162.2 25.65 1*1.3 .621 .597
19h2 380 115.9 9,577 162.2 27.36 1*1.6 .657 .631
May 383 116.9 9,582 162.3 27.06 1*1.5 .652 .627
Sept. 370 112.9 9,1*11 159.1* 27.68 1*1.0 .675 .651
Oct. 373 113.7 10,061 170.1* 29.33 1*2.8 .685 .651
191*3 366 111.7 10,858 183.9 32.75 l*l*.l .71*3 .698
May 363 110.6 10,71*6 182.0 32.71* 1*1*.6 .731* .687
1911 352 107.3 11,1*36 193.7 36.05 1*1*.2 .815 .766
19115 333 101.7 11,01*7 ' 187.1 36.68 1*3.3 .81*7 •800
Jan. 31*8 .106.2 11,773 199.1* 37.1*8 l*l*.l* .81*5 .793
Feb. 351 107.0 11,971* 202.8 37.95 1*1*.8 .81*7 .791
March 31*8 106.2 11,885 201.3 37.90 1*1*.6 .850 .796
April 31*2 1OU.3 11,681* 197.9 37.92 1*1*.3 .855 ♦803
May 3110 103.7 11,1*66 191*. 2 37.51 1*3.6 .859 .811 .
June 31*1 103.9 11,566 195.9 37.51* 1*1*. 1 .852 .801
July 33h 101.7 11,112 188.2 36.89 1*3.3 .852 .805
Aug. 330 100.5 10,126 171.5 33.89 1*0.6 .835 .808
Sept. 303 92.1* 9,683 161*.0 35.21 1*2.3 .833 .795
Oct. 307 93.7 9,966 168.8 35.89 1*2.7 .81*1 .800
Nov. 321 97.7 10,226 173.2 35.1*1* 1*2.0 .81*1* .808
Dec. 336 102.6 11,106 188.1 36.50 1*2.5 .859 .818
191*6
Jan. 106.0 ‘ ' 192.9 TO 1*1.8 “.W •w
Feb. W.l issi 1*2.2 .873
March 111.2 la.*
April
May
June
July
Aug. --- --- ---------
Sept.
Dec.
191*7
Jan.
Feb. ■!■■ ■■---■
March
April ------ --------- ---
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
SOURCE: United States Department of Labor, Bureau of Labor Statistics
103
INDUSTRY GROUP: STONE, GUY, AND GLASS PRODUCTS
Employment, Pay Rolls, Hours, and Earnings
NOTE: See p. 62
production Workers Production Worker Average Average Hourly Earnings
Year Estimated Index Weekly Pay Rolls Weekly Average Straight-
and Number (1939 = Amount index Earnings Weekly Gross Time
Month (000) 100) ($000) (1939-100) (Dollars) Hours (Dollars) (Dollars)
1939 291* 100.0 ♦ 6,h7O 100.0 ♦ 23.91: 37.6 $ .637 $ .627
Aug. 299 102.0 6,651 102.8 2ÍI.13 38.6 .633 .621
MO 309 io5.li 7,027 108.6 2h.l:5 37.1: .651* .61:5
Ml 371 126.ii 9,531 11:7.3 27.14: 39.0 »701* .690
Jan. 326 111.1 7,622 117.8 25.02 37.1: .669 .660
Dec. 389 132.6 410,637 161*.!* 29.14 39.7 .71*2 .721*
M2 371 126.3 10,814: 167.6 31.29 1:0.2 .777 .751*
May 373 127.2 10,850 167.7 30.86 1:0.5 .762 .738
Sept. 368 125.3 10,863 167.9 31.1:0 39.3 .799 .781
Oct. 367 125.2 11,569 178.8 33.52 1*1.3 .812 .781
M3 360 122.5 12,235 189.1 36.25 1:2.7 .81*9 .807
May 359 122.U 12,229 189.0 36.16 1:2.9 .81:3' .800
MU 332 112.9 12,145 • 187.7 39.07 1:3.6 .897 .81*7
M5 318 1O8.U 11,925 18U.3 10.00 16.1 .929 .880
Jan. 323 109.9 12,01:1 186.1 39.93 1*3.6 .917 •866
Feb. 322 109.6 12,086 186.8 110.10 1:3.8 .916 .863?.
March 322 109.8 12,326 190.5 1:0.77 14i.2 .923 .868
April 318 108.2 12,339 190.7 1*1.36 14:.5 .929 .870
May 316 107.7 12,002 185.5 10.1*6 1*3.6 .928 .876
June 322 109.6 12,280 189.8 10.69 16.8 .929 .875
July 317 108.1 12,009 185.6 1:0.38 1*3.1: .931 .880
Aug. 317 108.1 11,633 179.8 39.08 1:1.6 .939 .901
Sept. 310 105.7 11,368 175.7 39.12 1:1.8 .937 .898
Oct. 319 108.8 11,853 183.2 39.61 1*2.5 .932 .887
Nov. 313 106.5 11,381 175.9 38.95 1*2,0 .928 .888
Deo. 320 109.1 11,756 181.7 39.33 1*1.9 .939 .899
M6 ICT 11,#'6 203.9 1*1.0 .912
Jan. 126.7 ' JOI
Feb.
March
April
May
June
July
Aug.
Sept.
Oct-
•------*
Dec. ------•
■ ■■ ■---■■
M7 --- --------- --- ---------
Jan.
Feb.
March
April
May z
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
SOURCE: United States Department of Labor, Bureau of Labor Statistics
ioli
INDUSTRY GROUP: TEXTIIE-MILL PRODUCTS AND OTHER FIBER MANUFACTURES
NOTE: See p. 82 Employment, Pay Rolls, Hours, and Earnings
Production Workers Product ion Worker Average Average Hourly Earnings
Year Estimated Index Weekly Pay Rolls Weekly Average Straight-
and Number (1939 ■ Amount Index Earnings Weekly Gross Time
Month (000) 100) ($000) (1939=100) (Dollars) Hours (Dollars) (Dollars)
1939 1,144 100.0 $18,456 100.0 $16.84 36.6 $ .460 $.454
Aug. 1,143 99.9 18,345 99.4 16.77 ' 36.7 .457 .452:
MO 1,124 98.2 18,604 100.8 17.20 35.7 .482 .482
1941 1,283 112.2 25,137 136.2 20.30 38.6 .526 .516
Jan. 1,210 305.8 20,985 113.7 18.01 36.9 .488 .482
Dec. 1,308 114.3 28,238 153.0' 22.49 39.6 .568 .555
1942 1,285 112.3 30,083 163.0 24.31 ' 40.2 .605 .587
May 1,293 113.1 29,530 160.0 23.74 40.3 .589 .571
Sept. 1,264 130.5 30,582 165.7 24.98 39.4 .634 .620
Oct. 1,268 110.8 31,744 172.0 25.84 40.4 .639 .619
1943 1,237 308.2 33,018 178.9 27.61 41.5 .665 .639
May 1,239 308.3 33,608 182.1 27.82 41.9 .664 .635
1944 1,130 98.8 32,243 174.7 29.63 ' 41.9 .708 .678
1945 1,075 94.0 32,150 174.2 31.09 41.1 .757 .730
Jan. 1,109 97.0 32,870 178.1 30.78 42.3 .729 .695
Feb. 1,102 96.4 32,760 177.5 30.88 42.3 .731 .697
March 1,095 95.7 32,760 177.5 31.07 42.4 .733 .699
April 1,074 93.9 31,931 172.9 30.81 41.9 .735 .703
May 1,065 93.1 31,062 168.3 30.38 40.7 .745 .721
June 1,071 93.6 32,723 177.3 31.67 41.8 .759 .727
July 1,051 91.8 31,855 172.6 31.50 41.3 .763 .734
Aug. 1,049 91.7 29,917 162.1 29.60 38.4 .770 .756
Sept. 1,051 91.9 31,320 169.7 31.01 40.6 .763 .739
Oct. 1,057 92.4 31,615 171.3 31.25 40.4 .773 .749
Nov. 1,063 92.9 32,261 174.8 31.65 40.3 .786 .762
Dec. 1,113 97.3 34,697 188.0 32.41 40.7 .795 .770
1946
Jan. 1427 98.6 w '32.44 ' 4ö.4 .803 #77^
Feb. 1,176 105.8 39,238 ¿03.7 33.76 uo.u .833 .807'
March M3.5 ¿15.6
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1947
Jan.
Feb.
March
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
SOURCE: United States Department of Labor, Bureau of Labor Statistics
105
INDUSTRY GROUP: APPAREL AND OTHER FINISHED TEXTILE PRODUCTS
NOTE: See p. 82 Employment, Pay Rolls, Hours, and Earnings
Production Workers Production Worker Average Average hourly Earnings
Year Estimated Index Weekly Pay Rolls Weekly Average Straight-
and Number (1939 « * Amount Index Earnings Weekly Gross Time
Month (000) 100) ($000) (1939=100) (Dollars) Hours (Dollars) (Dollars)
1939 790 100.0 $13,222 100.0 $ 18.17 34.5 $.527 $.527
Aug. 818 103.6 14,412 109.0 18.78 35.5 .529 .529
W 796 100.8 13,632 103.1 18.37 33.8 .544 .544
Ml 907 114.8 17,572 132.9 20.64 35.7 .578 .578
Jan. 826 104.6 4 14,452 109.3 18.76 33.5 .560 .560
Dec. 913 115.6 18,207 137.7 21.31 35.4 .602 .602
1942 939 119.0 20,349 153.9 22.92 36.3 .630 .623
May 952 120.6 20,335 153.8 22.82 36.8 .620 .612
Sept. 952 120.6 20,454 154.7 22.51 34.9 .645 .645
Oct. 958 121.3 22,801 166.4 24.17 37.1 .652 .644
M3 958 121.4 24,487 185.2 26.97 38.0 .710 .699
May 969 122.7 24,368 134.3 26.61 38.4 .693 .681
1^44 934 118.2 26,894 203.4 30.33 38.0 .797 .784
1945 921 116.7 27,846 210.6 31.67 36.9 .858 .847
Jan. 934 118.3 28,798 217.8 32.42 38.2 .849 .835
Feb. 941 119.2 30,080 227.5 33.41 38.8 .862 .846
March 945 119.7 30,821 233.1 34.06 39.0 .874 .857
April 932 118.0 29,049 . 219.7 32.65 37.9 .862 .848
May 917 116.2 27,039 204.5 30.81 36.4 .847 .837
June 915 115.9 27,449 207.6 31.26 37.2 .839 .827
July 869 110.0 25,281 191.2 30.38 36.7 .829 .819
Aug. 897 113.6 23,879 180.6 28.06 33.2 .846 .846
Sept. 911 115.3 27,555 208.4 31.81 36.2 .878 .868
Oct. 928 117.5 28,229 213.5 32.12 36.7 .875 .864
Nov. 930 117.8 27,502 208.0 31.16 36.1 .864 .854
Dec. 938 118.9 28,427 215.0 31.88 36.4 .875 .864
M6 -UE- 121.0 ’ "30,146 “¿28.0 ■0.71 36.7 .906 .895
Jan. 1,016 125.8 ! '34,853 240.2 36.04 "353" .963 .948
Feb. Ä 263^
March 128.7
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1947
Jan.
Feb.
March
April
May --- --- ---
June
July
Aug.
Sept.
Oct.
Nov. --------- . ------------ --------- ---------
Dec.
SOURCE: United States Department of Labor, Bureau of Labor Statistics
106
INDUSTRY GROUPS IEATHER AND IEATHER PRODUCTS
NOTE: See p. 82 Employment, Pay Rolls, Hours, and Earnings
Production Workers Production Worker Average Average Hourly Earnings
Year Estimated Index Weekly Pay Rolls . Weekly Average Straight-
and Number (1939 = : Amount Index Earnings Weekly Gross Time
Month (000) 100) ($000) (1939-100) (Dollars) Hours (Dollars) (Dollars)
1939 31*7 100.0 $5,993 100.0 $ 19.13 36.2 $.528 $.522
Aug. 362 101*.2 6.1*37 107.1* 19.83 37.7 .526 .518
1940 335 96.6 5,771 96.3 19.07 34.7 .549 ,.549
1941 375 108.1 7,809 130.3 22.95 38.3 .600 .590
Jan. 355 102.1* 6,691* 111.7 20.66 37.3 .554 .546
Dec. 381 109.9 8,552 11*2.7 21*.92 38.7 .644 .632
1942 372 107.2 9,002 150.2 26.1*9 38.8 .682 .669
May 380 109.1* 9,056 151.1 26.06 38.6 .675 .662
Sept. 351* 102.2 8,666 12*1*.6 25.76 36.7 .702 .694
Oct. 355 102.1* 8.888 11*8.3 27.58 38.9 •708 .694
19113 31*0 98.1 9,21*1 154.2 29.83 39.9 .748 .729
May 31*5 * 99.3 9,367 156.3 29.95 40.1 .747 .726
1914* 319 91.9 9,553 159.1* 33.07 41.3 .801 .771
191*5 316 91.1 10,01*1* 167.6 35.05 41.1 .853 .822
Jan. 319 91*8 9,990 166.7 34.66 41.8 .829 .794
Feb. 318 91.6 10,101* 168.6 35.23 42.2 .835 .797
March 317 91.1* 10,326 172.3 36.00 1*2.5 .848 .807
April 311* 90.1* 10,11*6 169.3 35.73 42.0 .852 .815
May 312 90.0 9,805 163.6 31*. 69 40.4 .859 .832
- June 317 91.3 10,371* 173.1 36.12 1*2.1 .857 .819
July 313 90.1 10,056 167.8 35.1*7 41.7 .851 ,816
Aug. 313 90.2 9,583 159.9 33.62 39.3 .857 .838
Sept. 305 88.0 9,601 160.2 31*. 62 40.6 .853 .826
Oct. 313 90.3 9,889 165.0 34.82 40.9 .852 .823
Nov. 321 92.5 9,907 ' 165.3 33.93 39.6 .857 .837
Dec. 330 95.2 10,71*0 179.2 35.74 40.6 .881 .853
191*6
Jan. 97.4 “ 11,099 185.2 3^03 39.9 .904 .880
Feb. 102.9 ' ¿02.1 36.69 40.4 .907 .879
March J737_ .'917 .887
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
191*7
Jan.
Feb.
March
April
May
June
July
Aug.
Sept.
Oct.
Dec.
SOURCE: United States Department of Labor, Bureau of labor Statistics
30?
INDUSTRY GROUP: FOOD
NOTE: £ See p. 82 Employment, Pay Rolls, Hours, and Earnings
Production Workers Production Worker Average Average Hourly Earnings
Year Estimated index Weekly Pay Rolls Weekly Average Straight-
and Number (1939 a Amount index Earnings Weekly Gross Time
Month (000) 100) (#000) (1939=100) (Dollars) Hours (Dollars) (Dollars)
1939 855 100.0 #18,231 100.0* # 21*.1*3 1*0.3 #.607 # .589
Aug. 996 116.6 20,309 111.1* 23.69 1*0.5 .585 .567
191*0 861* 101.2 18,760 102.9 21*.58 39.9 .616 .600
191*1 91*0 110.1 22,005 120.7 26.30 1*0.1* .651 • .631
Jan. 810 94.8 4 17,939 98.1* 21*.69 39.0 .633 .620
Dec. 969 113.1* 21*,156 132.5' 27.96 1*0.7 .68? .665
191*2 1,025 120.0 27,365 150.1 30.01* 1*1.5 .724 .696
May 927 108.5 21*,539 131*.6 29.65 1*0.9 .725 .700
Sept. 1,21*6 21*5.7 32,1*88 178.2 29.89 1*1.8 .715 .685
Oct. 1,132 132.5 - 30,883 169.1* 30.97 1*1.6 .744 .714
191*3 1,056 123.5 32,980 180.9 35.21* l*l*.l .799 .751
May 975 Ul*.l 30,811 169.0 35.55 1*1*.6 .797 .746
191*1* 1,090 127.6 37,173 203.9 38.1*8 1*5.1* .81*9 .790
191*5 1,067 121*.8 37,681* 206.7 39.51 1*4.9 .880 •821
Jan. 1,01*7 122.6 36,900 202.1* 39.51 1*5.6 .867 .805
Feb. 1,033 120.8 35,715 195.9 38.69 11.9 .861 .803
March 1,016 118.9 35,1*1*1 19i*.l* 38.91* 1*5.1 .864 .805
April 1,011* 118.6 35,511* 191*.8 39.15 1*5.0 .869 •811
May 1,007 117.9 35,3U* 193.7 38.96 1*1*.5 .874 .819
June 1,029 120.1* 36,936 202.6 1*0.01 1*5.6 .877 .815
July 1,089 127.5 38,778 212.7 39.98 1*5.8 .874 .811
Aug. 1,202 129.0 37,1*83 205.6 38.16 1*3.3 .882 .833
Sept. 1,183 238.1* 1*1,312 226.6 39.36 1*1*.7 .880 .823
Oct. 1,116 130.6 39,361 215.9 39.50 1*4.1 .895 .841
Nov. 1,085 127.0 39,179 211*.9 1*0.31 44.4 .908 .852
Dec. 1,078 126.2 1*0,181 220.1* 1*1.1*9 45.3» .915 .852
191*6
Jan. 1,051 123.0 39,197 ¿15.0 ' 1*1.37 44.9 .921 .859
Feb. l,oz*5 122.2 ¿11.5 1*0.93 44.3 .924 •868
March i,Q34 121.0 37,%> 206.6 42.9 .944 ".896
April 118'3'
May
June
July
Aug.
Sept.
Oct. *
Nov.
Dec.
191*7
Jan.
Feb.
March
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec. ------------ ........- ---■ --- ■.....- ---- --- ---
SOURCE: United States Department of Labor, Bureau of Labor Statistics
108
INDUSTRY: SLAUGHTERING AND MEAT PACKING
NOTE: See p. 82 Employment, Pay Rolls, Hours^and Earnings
Production Yforkers Production Worker Average Average Hourly Earnings
Year Estimated Index Weekly Pay Rolls Weekly Average Straight-
and Number (1939= Amount Index Earnings Weekly Gross Time
Month (000) 100) ($000) (1939=100) (Dollars) Hours (Dollars) (Dollars)
1939 120.5 100.0 ♦ 3,119 100.0 #27.85 40.6 $ .686 $.664
Aug. 119.7 99.4 3,085 98.9 27.77 40.4 .688 .667
191:0 131.3 109.0 3,372 108.1 27.60 40.2 .686 .666
1941 143.9 119.4 3,965 127.1 29.35 39.6 .741 .724
Jan. 138.7 115.1 3,484 111.7 26.84 39.3 .681 .666
Dec. 164.7 136.7 4,916 157.6 31.82’ 40.7 .782 .757
1942 172.2 1112.9 5,319 170.5 33.02 40.9 .808 .781
May 164.9 • 136.9 4,938 158.3 31.87 39.9 .800 .779
Sept. 177.5 1117.3 5,397 173.0 32.62 40.I .813 .790
Oct. 174.2 144.6 5,515 176.8 34.02 41.4 .821 .789
1943 164.6 136.6 6,242 200.1 40.43 46.5 .872 .805
May 154.0 127.8 5,942 190.5 41.09 47.3 .871 .800
1244 157.4 130.6 6,741 216.1 45.42 49.5 .921 .832
1945 133.6 110.8 5,668 IB 1.7 44.57 47.5 .941 .863
Jan. 154.7 128.4 6,922 221.9 47.IB 51.1 .927 .829
Feb, 144.9 120.3 5,868 188.1 42.80 46.8 .917 .845
March 136.2 II3.I 5,559 178.2 42.92 46.3 .929 .859
April 129.2 107.2 5,231 167.7 42.55 45.9 .929 .861
May 124.4 103.3 5,069 162.5 42.74 45.7 .937 .870
June 127.7 106.0 5,549 177.9 45.68 48.0 .953 .870
July 127.4 IO5.7 5,459 175.0 45.08 47.7 •946 .867
Aug. 124.3 IO3.2 4,935 158.2 41.57 44.4 .940 .882
Sept. 126.5 105.0 5,540 177.6 45.81 48.0 .958 .875
Oct. 126.9 105.3 5,400 173.1 44.54 46.9 .954 .879
Nov. 132.5 110.0 5,777 185.2 45.78 47.6 .964 .883
Dec. 147.7 122.6 6,704 214.9 47.51 50.1 .951 .856
1946
Jan. 15¿.6 126.7 6,797 ¿17.9 46.60 48.7 •961 .874
Feb. 125.5 199.4" 43.23 "4'6.1 •939
March U7.Ö 191.1 42.56 40.6 1.Ò14
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1947
Jan.
Feb.
March
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec. --------- --- --------- ---------
SOURCE: United States Department of Labor, Bureau of labor Statistics
309
INDUSTRY GROUP: TOBACCO MANUFACTURES
NOTE: See p. 82 Employment, Pay Rolls, Hours, and Earnings
Production1 WoAers Production Worker Average Average Hourly Earnings
Year Estimated Index Weekly Pay Rolls Weekly Average Straight-
and Number (1939 = Amount Index Earnings Weekly Gross Time
Month (000) 100) ($000) (1939=100) (Dollars) Hours (Dollars) (Dollars)
1939 93 100.0 $1,405 100.0 $16.84 35.4 $ .476 $ .476
Aug. 97 103.9 1,507 107.3 17.42 36.9 .472 .466
1940 92 98.5 1.468 104.5 17.84 36.1 .494 .489
1941 94 100.6 1,628 115.9 19.27 37.0 .$20 .$13
Jan. 88 94.4 4 1,418 100.9 17.89 35.7 .501 .$01
Dec. 97 104.3 1,825 129.9 20.96 39.1 .$36 .$25
1942 95 101.8 1,913 136.2 22.46 38.7 .580 .$69
May 90 96.9 1,743 124.1 21.53 37.7 .571 .562
Sept. 98 104.5 2,012 143.2 . 23.04 38.6 .$97 .$86
Oct. 99 10$.8 2,147 152.8 24.32 40.4 .602 - .$83 ‘
1943 91 97.2 2,121 151.0 26.32 40.9 . 643 .621
W 90 96.2 2,027 144.3 25.29 40.2 .629 .611
1944 84 89.9 2,231 158.8 29.94 42.4 .706 .673
1945 82 87.4 2,314 164.7 31.79 41.7 .764 .733
Jan. 82 88.2 2,346 167.0 31.93 43.4 .736 .696
Feb. 82 88.2 2,326 16$.6 31.71 43.0 .737 .699
March 8 2 87.8 2,332 166.0 31.80 42.9 .741 .703
April 81 86.8 2,259 160.8 31.28 42.3 .740 * .706
May 80 85.6 2,208 1$7.2 31.04 41.6 .747 .717
June 80 86.1 2,311 164.5 32.36 42.8 .757 .719
July 78 83.4 2,134 151.9 30.73 41.0 .749 .723
Aug. 79 84.3 2,097 149.3 29.85 39.0 .765 .750
Sept. 83 89.5 2,473 176.0 33.21 42.3 .786 .750
Oct. 86 92.2 2,553 181.7 33.35 42.0 .793 .759
Nov. 83 89.2 2,419 172.2 32.65 40.4 .807 .782
Dec. 82 87.8 2,30$ 164.1 31.53 39.1 .806 .789
1946
Jan. 81 87.0 2,342 166.7 Eft 6 39.3 .824 .806
Feb. 8?.3 2,511 165Ì2 $UK 38.5 .817
March 87.? ' '2,407 171.3 --- 5 S2 .830 .810
April bo.l _____ _____
M^ ____ '1 _
June _______ _______
July ______ _______ _______
Aug. _ ___ ____ ____ _
Sept.
Oct. _____
Nov.
Dec. __ _____ _____ _____
1947 ____ ______ _______ _______
Jan.
Feb. ____ ______ _______
March ____ ______ _______ _______
April _____ ______ _____
May ____ _____ ______ ______
June ____ ______ _______
July
Aug. ___ _____ ______ ______
Sept.
Oct. ____
Nov.
Dec.
SOURCE: United States Department of Labor, Bureau of labor Statistics
INDUSTRY GROUP: PAPER AND ALLIED PRODUCTS
NOTE: See p. 82 Employment, Pay Rolls, Hours, and Earnings
Production Workers Production Worker Average Hourly Earnings
Estimated Index Weekly Pay Rolls Average Straight-
Year Number (1939 = Weekly Average - Time
and (000) 100) Amount Index Earnings Weekly Gross (Dollars)
Month (J000) (1939=100) (Dollars) Hours (Dollars)
1939 265 100.0 1 5,974 100.0 1 23.72 40.1 1 .592 1 .575
Aug. 264 99.6 5,902 98.8 2'3.50 39.9 .589 .574
1940 278 104.6 6,434 107.7 24.48 39.9 .613 .597
1941 314 118.3 8,268 138.4 * 27.75 42.0 .660 .632
Jan. 282 106.3 6,721 112.5 25.16 4o.o .629 .612
Dec. 336 126.4 9,427 157.8 29.68 42.7 .695 .661
1942 325 118.6 9,295 155.6 31.29 42.1 .743 .710
May 321 121.1 9,164 153.4 30.24 41.6 .727 .698
Sept. 300 112.9 8,859 148.3 31.29 40.8 .767 .742
Oct. 304 114.4 9,606 160.8 * 33.46 43.4 .771 .729
1943 324 122.2 11,040 184.8 36.02 45.2 .798 .744
May 323 121.6 11,022 184.5 36.21 45.6 .794 .738
1944 319 120.3 11,667 195.3 38.95 46.0 .846 .783
194? 317 119.5 12,073 202.1 40.50 45.9 .883 •819
Jan. 319 120.0 12,001 200.9 40.18 46.2 .869 .804
Feb. 320 120.5 12,049 201.7 40.05 46.3 .865 .800
March 3 IB 119.7 12,061 201.9 40.35 46.3 .871 .806
April 312 117.7 11,936 199.8 40.63 46.5 .874 .807
May 310 116.9 11,619 194.5 39.77 45.4 .876 .815
Jtine 315 118.5 12,067 202.0 40.74 46.4 .879 .812
July 309 116.4 11,828 198.0 . 40.78 46.3 .881 .815
Aug. 311 117.0 11,303 189.2 38.69 44.0 .880 .828
Sept. 312 117.5 11,990 200.7 40.96 45.9 .893 .828
Oct. 321 120.9 12,360 206.9 41.10 45.8 .897 .832
Nov. 326 122.9 12,605 211.0 41.23 45.7 .902 1 .838
Dec. 335 126.3 13,083 219.0 41.46 45.6 .910 .845
1946
Jan. ' 148.6 ¿¿1.7' '41.17 '44.3 ".928 ' .871
Feb. 131.0 246.2 JlL22_ . " .938 7 '.883
March Kt ¿33.3 3±T
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1947
Jan.
Feb.
March
April.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec. *
SOURCE: United States Department of Labor, Bureau of Labor Statistics
Ill
INDUSTRY GROUP: PRINTING, PUBLISHING, AND ALLIED INDUSTRIES
note* See p. 82 Employment, Pay Rolls, Hours, and Earnings
Production Workers Production worker Average Average Hourly Earnings
Year Estimated index Weekly Pay Rolls Weekly Average Straight-
and Number (1939= Amount index Earnings Weekly Gross Time
Month (000) 100) (|000) (1939=100) (Dollars) Hours (Dollars) (Dollars)
1939 328 100.0 ♦ 9,590 100.0 1 32.1*2 37.1* $ .866 1 .851*
Aug. 321» 98.9 9,312 97.1 32.02 37.1 .863 •852
W 329 100.1* 9,820 102.1* 33.11 . 37.5 .882 .869
191*1 31*1 • 101*. 1 10,671* 111.3 31*.60 38.1* .900 •881*
Jan. 332 101.1* 4 10,050 101*.8 33.1*9 37.8 .886 .872
Dec. 357 109.0 11,91*9 121*.6 37.03 39.9 .928 .901*
191*2 331 100.9 10,913 113.8 36.67 38.5 .952 .935
May 327 99.6 10,606 110.6 36.01* 38.1 .91*6 .931
Sept. 321 97.9 10,597 no.5 36.67 38.2 .960 .91*1*
Oct. 329 100.3 11,086 115.6 37.51 38.5 .973 .955
191*3 331 100.8 11,959 1211.7 1*0.25 1*0.1 1.004 .976
May 325 99.0 11.623 121.2 39.82 39.9 .998 .972
191*1* 326 99.3 12,927 131*.8 1*1*.13 1*1.0 1.076 1.038
192:5 327 99.9 13,838 H*l*.3 1*7.22 1*1.1* 1.139 1.095
Jan. 321* 98.8 13,1*07 139.8 1*6.03 1*1.5 1.109 1.066
Feb. 323 98.5 13,253 138.2 1*5.71* 1*1.0 1.115 1.076
March 322 98.2 13,368 139.1* 1*6.61 1*1.6 1.121 1.076
April 319 97.3 13,253 138.2 1*6.52 1*1.2 1.129 I.O87
May 320 97.5 13,320 138.9 1*6.63 1*1.2 1.133 1.091
June 320 97.5 13,387 139.6. 1*6.93 1*1.6 1.128 1.083
July 317 96.8 13,215 137.8 1*6.62 1*1.5 1.123 1.079
Aug. 322 98.3 13,1*26 11*0.0 1*6.60 1*0.7 1.11*1* 1.107
Sept. 321* 98.8 11*,161* 11*7.7 1*8.89 1*2.2 1.158 1.106
Oct. 336 102.5 H*,1*52 150.7 1*8.01 1*1.6 1.155 1.109
Nov. 31*7 105.9 15,200 158.5 1*8.83 1*1.7 1.171 1.123
Dec. 355 108.1 15,651 163.2 1*9.28 1*1.5 1.188 1.11*2
W 109.1* MOO
Jan. 112.1 "1.216
Feb. 15,890 1&5.7 1^.36 1*1.1“ 1.15? '
March ' 16^55 ■"170.6 50.76 1*6.8 1.171
April '17'6.8 1*1.3 "1.383
May
•Time
July
Aug.
Sept. ---
Oct.
Nov.
Dec.
191*7 WM ------------ ■ 1 ■ ...... ------------ ------------ ---------
Jan.
Feb. ■' ■ ■
March
April
May
June ■■ -■■"
July
Aug. --------- ------------ --- --------- ---------
Sept.
Oct. ------ --------- --- --- --------- --- ---
Nov.
Dec.
SOURCE: United States Department of Labor, Bureau of Labor Statistics
112
INDUSTRY GROUP: CHEMICALS AND ALLIED PRODUCTS
NOTE: See p, 82 Employment, Pay Rolls, Hours, and Earnings
procruction. Workers Production Worker Average Average hourly Warnings
Year Estimated Index Weekly Pay Rolls Weekly Average Stradali-
and Number (1939= Amount Index Earnings. Weekly Gross Time
Month (000) 100) (1000) (1939=100) (Dollars) Hours (Dollars) (Dollars)
1939 288 100.0 $6,878 100.0 $ 25.59 39.5 $ .649 $ .634
Aug. 266 • 92.4 6,534 95.0 26.35 39.5 .667 .652
1940 319 110.7 8,061 117.2 26.80 39.7 .676 .660
1941 416 144*3 11,996 174.4 30.15 40.8 .739 .715
Jan. 355 123.3 9,210 133.9 27.53 39.9 .690 .672
Dec. 477 165.5 15,091 219.4 33.19 41.7 .796 .763
1942 605 209.9 21,165 307.7 36.36 42.8 .848 .806
May 586 203.3 20,257 294.5 36.12 42.7 .846 .805
Sept. 645 223.6 23,132 336.3 37.62 42.7 .881 .838
Oct. 669 232.1 24,033 349.4 37.74 43.6 .866 .818
1943 734 254.5 29,061 422.5 41.53 45.3 .916 .853
May 739 256.3 29,295 425.9 41.54 45.7 .909 .844
1944 660 229.1 27,383 398.1 43.58 45.7 . .953 .885
1945 611 211.9 25,484 370.5 44.00 44.5 .989 .927
Jan. 686 238.0 28,875 419.8 44.41 45.7 .972 .903
Feb. 697 241.9 29,316 426.2 44.27 1)5.5 .972 .904
March 698 242.3 29,646 431.0 44.78 45.9 .975 .904
April 693 240.5 29,446 428.1 44.77 45.7 .980 .910
May 682 236.8 29,281 425.7 45.26 45.7 .990 .920
June 671 232.8 28,724 417.6 45.24 45.4 .997 .927
July 643 223.2 27,362 397.8 45.03 45.1 .999 ♦931
Aug. 600 208.3 24,570 357.2 43.53 43.4 I.003 .948
Sept. 496 172.1 20,099 292.2 43.01 43.4 .992 .937
Oct. 486 168.5 19,596 284.9 42.95 43.3 .991 .936
Nov, 487 169.1 19,383 281.8 42.10 42.5 .991 .943
Dec. 488 169.2 19,493 283*4 42.55 42.5 1.001 ♦953
1946
Jan. 169.7 "17,417 “285,? W “LOIS"
Feb. w
March 171.4 "¿92.3 □LESI
April
May
'June
July
Aug.
Sept.
Oct.
Dec.
1947
Jan.
Feb.
March
April
June --- ---
July ------
Aug. ■ ■'■
Sept.
Oct.
•---
---
SOURCE: United States Department of Labor, Bureau of Labor Statistics
1X3
INDUSTRY GROUP: PRODUCTS OF PETROLEUM AND COAL
NOTE: See p. 82 Employment, Pay Rolls, Hours, and Earnings
Production Workers Production Worker Average Average Hourly gamings
Year Estimated Index Weekly Pay Rolls Weekly Average Strai ght-
and Number (1939 = Amount index Earnings Weekly Gross Time
Month (000) 100) (#000) (1939=100) (Dollars) Hours (Dollars) (Dollars)
1939 106 100.0 $ 3,355 100.0 $ 32.62 ■ 36.5 $.894 $.883
Aug. 108 102.3 3,435 102.4 32.65 36.6 .892 .881
MO 112 105.8 3,586 106.9 32.82 37.0 .887 .875
Mi 120 113.5 4,237 126.3 35.96 37.8 .950 .935
Jan. 114 108.1 3,623 108.0 32.46 36.6 .887 .876
Dec. 123 116.6 4,744 141.4 39.23 38.5 1.019 1.001
M2 125 118.3 5,103 152.1 41.56 39.6 1.049 1.025
May 125 118.3 4,915 146.5 39.92 39.1 1.021 1.000
Sept. 127 120.0 5,351 159.5 42.98 39.5 1.088 1.063
Oct. 126 118.6 5,364 159.9 43.80 40.5 1.081 1.047
M3 125 117.6 6,183 184.3 50.17 44.5 1.127 1.056
May 124 117.0 6,126 182.6 49.93 44.5 1.122 I.051
1944 131 123.5 7,176 213.9 55.19 46.7 1.181 1.089
MS 135 127.2 7,488 223.2 55.87 46.2 1.210 1.129
Jan. 133 126.3 7,451 222.1 56.20 46.6 1.206 1.113
Feb. 134 126.4 7,508 223.8 56.58 47.3 I.I96 1.098
March 134 126.6 7,535 224.6 56.65 47.4 1.195 1.096
April 134 126.4 7,726 230.3 58.06 48.3 1.202 1.096
May 134 126.8 7,642 227.8 57.24 47.5 ‘ 1.204 I.104
June 135 127.4 7,736 230.6 57.72 47.8 I.207 1.204
July 136 128.0 7,870 234.6 58.01 47.7 1.217 1.115
Aug. 135 128.0 7,709 229.8 57.28 46.9 1.222 1.125
Sept. 131 123.3 7,U6 212.1 54.70 44.9 1.217 1.235
Oct. 131 123.6 6,643 198.0 51.33 42.6 1.204 1.146
Nov. 139 131.3 7,478 222.9 53.54 44.0 1.217 1.145
Dec. 140 132.3 7,454 222.2 53.05 42.9 1.236 1.173
1946
Jan. 134.0 XMi 220.9 52.06 TO 7.249 l.M
Feb. 224.7 52.93 41.4 1.229
March 137. ¿ ¿31.0
April
May
June
July
Aug.
Sept.
-------
MMM
■~---•
1947
Jan.
Feb, •---^~
March ■■» » ।
April
May
June «MW
July --------- ..... ---------
Aug.
Sept.
Oct.
Nov.
------•
SOURCE: United' States Department of labor, Bureau of Labor Statistics
897283 O—46 8
114
INDUSTRY GROUP: RUBBER PRODUCTS
NOTE: See p. 82 Employment, Pay Rolls, Hours, and Earnings
Hroduction Workeirs Production Worker Average Average Hourly Earnings
Year Estimated Index Weekly Fay Rolls - Weekly Average St raidit-
and Number (1939 = Amount Index Earnings Weekly Gross Time
Month (000) 100) ($000) (1939=100) (Dollars) Hours (Dollars) (Dollars)
1939 121 100.0 $ 3,110 100.0 $ 27.84 36.9 $ «754 $ «744
Aug. 119 98.5 3,089 99.3 28.16 37.1 .759 .749
1940 127 104.5 3,278 105.4 28.24 36.9 .766 . .756
1941 156 129.0 4,669 150.1 32.49 39.5 .822 .803
Jan. 142 117.1 3,959 127.3 30.38 39.0 .779 .763
Dec. 161 133.4 4,955 159.3 33.66 39.0 .863 .846
1942 155 128.0 5,480 176.2 38.37 41.6 .921 .884
May 141 116.4 4,880 156.9 37.76 41.4 .912 .876
Sept. 163 134.4 5,869 188.7 39.31 41.6 .945 .907
Oct. 168 139.1 6,242 200.7 40.39 42.7 .947 .901
1943 194 160.3 8,208 263.9 45.94 45.0 1.021 .953
May 18? 156.1 7,913 254.4 45.63 45.4 1.005 .935
1944 204 168.5 9,362 301.0 49.80 45.5 1.095 1.018
191*5 397 163.1 9,064 291.4 49.54 44.0 1.125 < 1.059
Jan. 209 172.6 10,522 338.3 54.49 47.3 1.151 1.057
Feb« 210 173.2 10,560 339.5 54.40’ 47.3 1.149 1.055
March 209 173.2 9,810 315.4 50.62 45.4 1.117 1.040
April 205 169.6 9,826 315.9 51.93 45.7 1.136 1.055
May 201 166.6 9,325 299.8 50.09 44.2 1.132 1.064
June 199 164.5 9,465 304.3 51.45 45.2 1.140 1.062
July 194 160.5 9,291 298.7 51.81 45.5 1.138 1.058
Aug. 191 158.0 8,264 265.7 46.76 41.8 1.119 1.072
Sept« 165 136.5 7,194 231.3 47.20 43.0 1,098 1,041
Oct« , 187 154.4 7,907 254.2 45.57 41.4 I.100 1.057
Nov« 194 160.1 8,018 257.8 44.68 40.2 1.112 1.080
Dec« 203 168.2 8,569 275.5 45.48 40.9 1.113 1.075
1946 ^2.? _9iO23 " 29b. 1 46.71 41.7 TT31 TTWg
Jan« -^ -2&L ^¿7 40.7 1.138
Feb,
March
April
May
June
July
Aug.
Sept.
Oct«
Nov.
Dec«
1947
Jan.
Feb.
March
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
SOURCE: United States Department of labor, Bureau of Labor Statistics
115
INDUSTRY: BITUMINOUS COAL
NOTE: See p. 82 Employment, Pay Rolls, Hours, and Earnings
Production Workers Production Worker Average Average
Year Estimated Index Weekly Pay Rolls Weekly Average Hourly
and Number (1939 = Amount index Earnings Weekly Earnings
Month (000) 100) ($000) (1939=100) (Dollars) Hours (Dollars)
1939 371 100.0 $8,304 100.0 $ 23.88 27.1 $ .886
Aug. 3811 103.6 8,885 107.0 24.61 27.4 .890
1910 1115 112.1 9,674 116.5 24.71 28.1 .883
i9ia 1107 109.7 11,866 142.9 30.86 31.1 .993
Jan. 1125 114.8 10,463 126.0 26.00 29.7 .885
Dec« 451 121.6 14,283 172.0 33.38 31.6 1.068
1942 435 117.5 14,524 174.9 35.02 32.9 1.059
May 438 118.3 14,549 175.2 34.55 32.7 1.060
Sept. 432 116.6 14,557 175.3 35.64 33.5 1.065
Oct. 427 115.3 14,864 179.0 36.56 34.2 1.070
1913 386 104.1 15,587 187.7 41.62 36.6 1.139 ’
May 385 103.8 14,648 176.4 39.12 35.2 1.120
1944 354 95.5 17,704 213.2 , 51.27 43.4 1.186
1945 322 86.9 16,268 195.9 52.25 42.3 1.240
Jan. 338 91.1 17,795 214.3 54.11 44.9 1.204
Feb. 337 . 90.8 17,654 212.6 53.89 45.1 1.190
March 334 90.2 16,965 204.3 52.26 43.8 1.197
April 305 82.2 12,813 154.3 43.45 36.8 1.184
May 327 88.2 16,982 204.5 53.75 42.4 1.256
June 331 89.2 18.900 227.6 59.U 46.2 1.285
July 323 87.1 15,836 190.7 50.66 40.8 1.254
Aug. 323 87.1 15,612 188.0 49.90 10.1 1.249
Sept. 325 87.6 16,583 199.7 52.73 42.3 1.261
Oct. 262 70.8 10,006 120.5 39.09 32.2 1.242
Nov. 327 88.2 17,671 212.8 56.29 44.9 1.263
Dec. 333 89.8 18,435 222.0 58.09 45.7 1.281
W
Jan. 92,0 '18,^01 20^9 3737- 43.3 W
Feb. 92^2 TO' 58.30 it
March IO 22?.à
April
May
June
July
Aug.
Sept. --- --------- ---
Oct,
Nov.
Dec.
19117 - ■ ■ • --- --------- » ----_--- --- ■ ■- ■ ■•■ ---
Jan.
Feb. --- ..........
March
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
SOURCE: United States Department of Labor, Bureau of Labor Statistica
116
INDUSTRY: ANTHRACITE COAL
„ Employment, Pay Rolls, Hours, and Earnings NOTE: See p. 82
Production Workers Production Worker Average ^ Average
Year Estimated Index Weekly Pay Rolls Weekly Average Hourly
and Number (1939 - Amount Index Earnings Weekly Earnings
Month (000) 100) ($000) (1939=100) (Dollars) Hours (Dollars)
1939 82.8 100.0 $ 2,066 100.0 $ 25.67 27.7 $ .923
Aug. 79.7 96.2 1,775 85.9 23.13 24.2 .928
1940 83.4 100.7 2,033 98.4 24.94 27.2 .924
1941 81.7 98.7 2,188 105.9 27.41 28.1 .971
Jan. 82.7 99.9 2,033 98.4 25.13 27.0 .925
Dec. 80.7 97.5 1,895 91.7 24.20 24.1 .995
M2 77.6 93.7 2,568 124.3 33.85 33.7 .989
May 79.2 95.7 2,719 131.6 35.05 35.2 .991
Sept. 76.6 92.5 2,647 128.1 35.40 35.8 .986
Oct. 76.0 91.8 2,549 123.4 34.36 35.1 .984
1943 71.2 86.0 2,766 133.9 40.04 37.5 1.069
May 72.3 87.3 2,626 127.1 37.39 36.1 1.037
1944 67.li 81.1i 3,128 151.4 47.93 40.7 1.178
1945 60.1 72.6 2,849 137.9 48.98 39.2 1.252
Jan. 65.4 79.0 2,845 137.7 44.81 38.9 1.154
Feb. 65.6 79.2 3,103 150.2 48.68 41.7 1.164
March 65.4 79.0 3,093 149.7 48.76 41.4 1.179
April 64.1 77.4. 2,791 135.1 44.92 38.9 1.153
May 8.0 ’ 9.7 295 14.3 38.10 36.4 1.039
June 65.3 78.9 3,004 145.4 47.48 41.1 1.170
July 64.3 77.6 2,948 142.7 47.47 39.4 1.219
Aug. 64.1 77.4 3,058 148.0 49.29 37.1 1.327
Sept. 64.3 77.6 3,095 149.8 49.85 37.0 1.345
. Oct. 64.7 78.1 3,529 170.8 56.45 41.2 1.3 68
Nov. 64.8 78.2 2,985 144.5 47.75 35.8 1.333
Dec. 65.4 79.0 3,452 167.1 54.62 39.6 1.380
1946 ______ M M & ä S
J®* 65.7 79.3
Feb. £7.3 "BX1
March 6?.7 81.7
April
May _____ /____
June ______ ______
July ______ ______
Aug. ______ ______
Sept. ______ ______
Oct. ______ ______
Nov. ______ ______
Dec. ______ ______
1947
Jan.
Feb.
March
Api-il J______
May _____
J®8 ____ ____
July _____ ______
Aug. ______ ______
Sept.
Oct. ______ ______
Nov. ______ ______
Dec.
SOURCE: United States Department of labor. Bureau of labor Statistics
117
INDUSTRY GROUP: METAL MINING
NOTE: See p. 82 Employment , Pay Rolls, Hours, and Earnings
Production Workers Production Worker Average Average
Year Estimated index Weekly Pay Rolls Weekly Average Hourly
and Number (1939 * Amount Index Earnings ’Weekly Earnings
Month (000) 100) ($000) (1939-100) (Dollars) Hours (Dollars)
1939 88.2 100.0 $2,1109 100.0 $ 28.93 110.9 $.708
Aug. 85.7 97.1 2,305 95.7 28.63 110.7 .703
mo 97.li uo.5 2,792 115.9 30.211 111.11 .730
Ml 106.9 121.2 3,389 1110.7 33.211 111.7 .797
Jan. 100.6 1111.1 2,932 121.7 30.63 111.0 .7117
Dec. 109.9 1211.7 3,823 158.7 36.111 112.9 .8119
M2 107.7 122.0 3,999 166.0 38.72 113.6 .889
May 110.9 125.7 11,066 168.8 38.Hi 113.7 .873
Sept. M.6 118.5 3,927 163.0 39.13 113.2 .906
Oct. 102.8 116.5 3,9116 163.8 110.03 113.8 .913
1913 96.li 109.3 11,021 166.9 113.27 1111.3 .976
May 97.9 110.9 11,100 170.2 113.56 1111.3 .9811
( Mil 79.0 89.6 3,1118 11:1.9 1111.55 1111.2 1.007
1913 66.6 75.5 2,970 123.3 115.86 1111.0 1.0112
Jan. 69.2 78.li 3,028 125.7 115.08 1111.0 1.023
Feb. 68.9 78.1 3,121i 129.7 116.711 lt5.o 1.035
March 69.1 78.U 3,153 130.9 116.92 U5.0 1.0112
April 68.6 77.8 3,161 131.2 117.35 115.5 1.0110
May 68.2 77.3 3,098 128.6 116.69 Ii5.o 1.038
June 67.0 76.0 3,096 128.5 117.113 115.11 1.0115
July 65.8 711.6 2,917 121.1 115.65 113.9 1.039
Aug. 6U.5 73.1 2,751 1111.2 113.98 112.0 1.0118
Sept. 63.7 72.2 2,801i H6.li 115.33 113.0 1.055
Oct. 63.7 72.2 2,852 118.li 116.17 1111.3 1.0113
Nov. 611.6 73.2 2,823 117.2 115.09 113.0 I.OI18
Dec. 66.3 75.2 2,833 117.6 lili.lli 112.0 1.051
M6 '76.3 ' ¿AT 118.0 W L036
Jan. 7¿.O 2,276 _2i¿ w
Feb. 57.li
March
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
M7
Jan.
Feb.
March
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec. 4
SOURCE: United States Department of Labor, Bureau of Labor Statistics
uß
INDUSTRY: QUARRYING AND NONMETALLIC MINING
NOTE: See p. 82 Employment, Pay Rolls, Hours, and Earnings
Production Workers Product ion Worker Average Average
Year Estimated Index Weekly Pay Rolls Weekly Average Hourly ‘
and Number (1939 = Amount index Earnings Weekly Earnings
Month (000) 100) ($000) (1939=100). (Dollars) Hours (Dollars)
1939 63.7 100.0 $ 1,232 100.0 $ 21.61 39.2 ♦ .550
Aug. 69.0 108.4 1,370 111.2 22.17 40.5 •546
1940 65.1 102.2 1,295 '105.1 22.33 39.3 .568
1941 71.7 112.5 1,658 134.6 26.25 41.8 .628
Jan. 59.9 94.1 1,181 95.9 22.06 38.2 .576
Dec. 73.3 * 115.0 1,786 145.0 27.74 41.9 .667
1942 71.2 111.8 1,972 160.1 31.34 43.7 .717
May 74.3 • 116.7 2,018 163.8 30.79 43.7 .707
Sept. 72.9 114.5 2,161 175.4 32.85 44.7 .738
Oct. 71.9 112.9 2,207 179.1 34.01 45.7 .744
191<3 61.3 96.2 1,997 162.1 36.23 46.0 .789
May 62.6 98.2 2,049 166.3 36.34 46.4 » .785
1944 53.4 83.8 1,889 153.3 39.55 46.3 .856
MS 51.1 80.2 1,884 152.9 41.26 46.6 .886
Jan. 48.2 75.6 1,663 135.0 38.73 44.6 .868
Feb. 48.0 75.4 1,688 137.0 39.27 45.5 .860
March 48.8 76.6 1,756 142.5 40.26 46.5 .868
April 49.5 77.7 1,863 151.2 41.98 48.0 .874
May 49.9 78.3 1,858 150.8 41.52 47.2 .879
June 51.3 80.5 1,956 158.8 42.38 48.2 .879
July 51.8 81.3 1,995 161.9 42.91 48.0 .895
Aug. 52.0 81.7 1,921 155.9 41.25 46.6 .885
Sept. 52.6 82.5 1,961 159.2 41.91 46.5 , .900
Oct. 53.4 83.9 2,024 164.3 42.63 47.2 .902
Nov. 54.1 ' 85.0 2,011 163.2 41.79 46.1 .909
Dec. 53.4 83.8 1,930 155.0 40.07 44.2 .908
1946 53.1 3^2 150.9 ¡9.25 JlU. ^211-
Jan. -¿- 357.? ^0-25
Feb.
March
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1947
Jan.
Feb.
March
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
SOURCE: United States Department of Labor, Bureau of Labor Statistics
W
INDUSTRY» CRUDE PETRO IEUM PRODUCTION
NOTE» See p. 82 . Employment, Pay Rolls, Hours, and Earnings
Year Production Workers Production Worker Average Average Average
and Estimated Index Weekly Pay Rolls Weekly Weekly Hourly
Month Number (1939 - Amount index Earnings Hours Earnings
(000) 100) (8ooo) (1939=100) (Dollars) (Dollars)
1939 113.5 100.0 13,238 100.0 $34.09 38.3 $ .873
Aug. 115.1 101.1* 3,293 101.7 34.18 38.8 .864
1940 108.5 95.6 3,092 95.5 34.03 37.8 .881
19hl 105.3 92.8 3,212 99.2 36.37 37.9 .934
Jan. 101*. 1 91.7 2,956 91.3 33.99 37.7 .885
Dec. 105.1* 92.9 3,1*29 105.9 38.92 38.3 .988
1942 99.3 87.5 3,377 104.3 40.35 39.0 1.014
May 100.2 88.3 3,293 101.7 39.01 38.4 .994
Sept. 96.5 85.0 3,1*1*5 106.4 • 42.38 39.9 1.037
Oct. 95.8 .84.1* 3,1*03 105.1 42.26 39.8 1.039
191*3 92.8 81.8 3,756 116.0 47.85 42.6 1.100
May 92.7 81.7 3,623 111.9 46.3? 41.0 1.100
1914* 93.6 82.5 4,219 130.3 53.27 45.4 1.151
191*5 95.3 81*.0 4,378 135.2 54.24 45.2 1.197
Jan. 93.2 82.1 4,281 132.2 54.59 45.7 1.184
Feb. 93.5 82.1* 4,329 133.7 54.93 46.4 1.183
March 93.8 82.6 4,300 132.8 54.31 46.2 1.175
April 93.9 82.7 4,268 131.8 53.89 45.2 1.191
May 91*. Ô 82.8 4,287 132.4 54.08 46.1 1.172
June 91*.9 83.6 4,407 136.1 54.84 46.3 1.184
July 95.1 83.8 4,394 135.7 54.40 45.0 1.209
Aug. 95.6 81*.2 4,507 ' 139.2 55.51 46.8 1.187
Sept. 95.3 81*.O 4,481 138.4 55.41 45.4 1.222
Oct. 96.1* 81*.9 4,326 133.6 53.01 44.4 1.189
Nov. 98.1* 86.7 h,533 140.0 54.40 43.9 1.231
Dec. 100.3 88.ii 4,400 135.9 51.70 41.0 1.251
191*6
Jan. 102.2 90.0 4.501 . 139.0 -51.89 41.1 1.257
Feb. 103.3 91.0 h.598 52,45 40.5 1,289
March 103.1 90.8 4,676 «■Ip EIS
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
191*7
Jan.
Feb.
March
April
May
June
July
Aug,
Sept.
Oct.
Nov.
Dec.
SOURCE: United States Department of labor, Bureau of Labor Statistics
120
INDUSTRY GROUP: WHOLESAIE TRADE
NOTE: See p. 82 Employment, Pay Rolls, Hours, and Earnings
Production Workers Production Worker Average Average
Year Estimated Index Weekly Pay Rolls Weekly Average Hourly
and Number (1939 = Amount index Earnings Weekly Earnings
Month (000) 100) ($000) (1939=100) (Dollars) Hours (Dollars)
1939 1,562 100.0 $50,1*85 100.0 $29.85 41.7 $.715
Aug. 1,559 99.8 50,233 99.5 29.82 41.9 .711
1940 1,583 101.3 52,050 103.1 30.39 41.2 .739
191*1 1,61*5 305.3 57,1*52 113.8 32.32 41.0 .793 '
Jan. 1,598 102.3 53,060 105.1 30.59 40.6 .756
Dec. 1,687 108.0 61,188 121.2 33.69 41.3 .820
1942 1,598 102.3 61,339 121.5 35.56 41.3 .860
Kay 1,598 102.3 60,481 119.8 35.20 41.4 .852
Sept. 1,565 100.2 60,885 120.6 36.08 41.2 .878
Oct. 1,576 100.9 62,399 123.6 36.52 41.7 .879
191*3 1,1*98 95.9 64,116 127.0 39.40 42.2 .933
May 1,1*85 95.1 62,753 124.3 38.86 41.7 .934
Ml* 1,1*92 95.5 68,660 136.0 42.29 42.9 .985
191*5 1,515 97.0 73,456 145.5 44.07 42.7 1.029
Jan. 1,1*95 95.7 70,225 139.1 43.15 42.7 1.006
Feb. 1,1*95 95.7 71,436 141.5 43.45 42.8 1.013
March 1,1*88 95.3 71,386 141.4 43.51 42.9 1.016
April 1,1*82 91*.9 72,900 144.4 44.51 43.2 1.031
May 1,1*76 91*.5 71,083 140.8 43.83 42.9 1.018
June 1,1*71* 91*.l* 71,638 141.9 44.13 42.8 1.027
July 1,1*82 91*. 9 73,052 144.7 44.92 43.1 1.037
Aug. 1,1*96 95.8 71,335 141.3 43.27 42.4 1.013
Sept. 1,515 97.0 73,506 145.6 43.85 42.4 1.025
Oct. 1,553 99.1* 76,081 150.7 44.60 42.6 1.045
Nov. 1,590 101.8 78,353 155.2 44.94 42.3 1.056
Dec.. 1,626 104.1 80,372 159.2 44.71 42.0 1.058
191*6
Jan. BE 'PM 161.2 ¡¿•^ M
Feb. 1,665 106.6 w 46.51
March l.#7 106.1
April
May
June
July-
Aug.
Sept.
Oct.
Nov.
Dec.
191*7
Jan.
Feb.
March
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
SOURCE: United States Department of Labor, Bureau of labor Statistics
121
INDUSTRY GROUP: RETAIL TRADE
NOTE: See p. 82 Employment, Pay Rolls, Hours, and Earnings
Production Workers Producti on Worker ,Average Average
fear estimated index Weekly Pay Rolls Weekly Average Hourly
and Number (1939 = Amount Index Earnings Weekly Earnings
Month (000) 100) ($000) (1939=100) (Dollars) Hours (Dollars)
1939 3,770 100.0 $ 75,830 100.0 $ 21.17 43.0 $ .536
Aug. 3,650 96.8 73,555 97.0 21.39 43.1 .541
1940 ' 3,853 102.2 78,408 103.4 21.17 42.9 .542
1941 4,087 108.4 86,825 114.5 21.94 42.5 .568
Jan. 3,774 100.1 77,726 102.5 21.53 42.9 .549
Dec. 4,702 124.7 100,323 132.3 21.59 42.3 .565
1942 3,929 . 104.2 88,418 116.6 23.24 41.6 •614
May 3,930 103.7 87,129 114.5 23.08 41.6 .611
Sept. 3,816 101.2 86,750 114.4 23.41 41.1 .625
Oct. 3,933 104.3 89,707 118.3 23.36 40.9 .627
1943 3,767 99.9 91,451 120.6 24.88 40.5 .670
May 3,714 98.5 88,797 117.1 24.42 40.3 .663
1944 3,718 96.6 97,214 128.2' 26.58 40.3 .724
1945 3,752 99.5 105,025 138.5 28.31 40.3 .773
Jan. 3,706 98.3 99,110 130.7 26.99 39.6 .751
Feb. 3,665 97.2 98,958 130.5 27.32 39.7 .756
March 3,744 99.3 100,854 133.0 27.21 39.7 .752
April 3,646 96.7 100,096 132.0 27.69 39.9 .763
May 3,646 96.7 99,337 131.0 27.56 39.4 .764
June 3,627 96.2 101,764 134.2 28.46 40.7 .769
July 3,578 94.9 103,432 136.4 29.40 41.9 .773
Aug. 3,537 93.8 100,096 132.0 29.01 41.2 .773
Sept. 3,680 97.6 105,176 138.7 28.95 40.7 .783
Oct. 3,816 101.2 109,347 144.2 29.17 40.3 .793
Nov. 4,004 106.2 115,186 151.9 28.88 40.0 .800
Dec. 4,374 116.0 127,091 167.6 29.12 4o.l .796
1946 5,925 MM 117,461 154.9. 56.54 4M; >8¿8
Jan. ~4; w M8’.r .ML Ì6Ò.9 _ TO
Feb.
March
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1947 --- --- ---
Jan.
Feb.
March
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
SOURCE: United States Department of Labor, Bureau of Labor Statistics
122
INDUSTRIAL ACTIVITY
Labor Productivity and Unit Labor Cost, by Selected Industry
Selected Manufacturing Industries:-
These series were compiled by the Productivity and Technological Developments Division of the Bureau of Labor Statistics, and published by the Bureau in Productivity and Unit Labor Cost in Selected Manufacturing Industries, 1919-1940« 1942, and in several mimeographed releases on the same subject for the later years«
The productivity (output per manhour) indexes, it is reported in the above named BLS publications, represent revisions and extensions of similar indexes prepared by the National Research Project on Reemployment Opportunities and Recent Changes in Industrial Techniques, a unit of the Works Progress Administration« The original indexes (base 1929 ■ 100) are published in the NRP Report, Production, Employment« and Productivity in 59 Manufacturing Industries« 1919-36» As to the nature of the revisions, the BIS report states:
The National Research Project indexes were usually accepted to 1933; in no case was any revision made for the period prior to 1929« In general, revision of the 19 6 figures was necessitated by the change from extrapolation to interpolation of the series derived from Census statistics» (The average of the 1935 and 1937 relationships between Census and auxiliary measures was substituted for the 1935 ratio«) Revisions were also made for the earlier years if data used by the Project were revised in more recent publications; if new and preferable series became available or old ones were discontinued; if methods used for the group indexes could be simplified when the extension of component measures was no longer feasible; etc»
The productivity indexes are the quotients of the indexes of production and the indexes of manhours, which are not shown in the handbook but which are fully discussed in the above named BIS publications«
The indexes of unit labor cost were constructed by the BIS, as the quotient of indexes of payrolls (developed bv the BIS) and indexes of production (first developed by the NRP study). When two production indexes were available for an industry group, the index with man-hour weights was used»
Selected Non^nufflowing industries;-
The productivity and unit labor cost indexes for the selected nonmanufacturing industries were constructed by the Productivity and Technological Developments Division of the Bureau of Labor Statistics, and published with explanatory notes in various mimeographed releases» In general, the production series used in the computations were compiled from data published by other agencies, as the Bureau of Mines, for example, for the production series for the mining industries» The manhours and payroll series used were the regular BIS series for these industries« The BIS releases for each industry describe fully the nature and limitations of the various series used in the construction of the indexes«
' • • • WB «B
Persons using these series are again cautioned to refer to the BIS releases for more adequate discussions of the subject»
123
INDUSTRIAL ACTIVITY
Labor Productivity and Unit Labor Cost, by Selected Industry
The selected industries for which these data are shown are as follows:
Manufacturing Industries
’ All Industries Combined
Durable Goods Industries
Iron and Steel
Agricultural Implements
Motor Vehicles, Bodies and Parts
Nonferrous Metals, Group
Primary Smelters.and Refineries Lumber and Timber Products: Saw Mills Furniture
Cement
Clay Products
Nondurable Goods Industries
Cotton Goods
Woolen and Worsted
Leather
Boots and Shoes
Slaughtering and Meat Packing
Canning and Preserving Group
Tobacco
Paper and Pulp Group
Chemicals Group
Paints and Varnishes
Rayon
Petroleum Refining
Coke Group
Rubber Group
Tires and Tubes
Nonmanufacturing Industries
Bituminous Coal Mining
Anthracite Coal Mining
Iron Mining
Copper Mining
lead and Zinc Mining ₍
Telephone
Telegraph
Steam Railroad Transportation
Electric Light and Power
124
OUTPUT PER MANHOUR AND UNIT LABOR COST IN SPECIFIED MANUFACTURING INDUSTRIES ♦
NOTE: See p. 122 (indexess 1939 ■ 100)
All Manufac- Iron and Agricultural Motor Vehicles Nonferrous
Tear turine Ind, Steel Group Implements__ Bodies & Parts Metals Group
O.P.M. U.L.C. O.P.M. U.L.C. O.P.M. U.L.C. O.P.M. U.L.C. O.P.M. Ü.L.C.
1919 43.8 179.0 37.5 165.4 fl» «i 35.9 190.8 37.3 199.3
1920 48.3 196.0 47.6 160.7 37.2 39.1 203.1
1921 52.7 157.3 43.4 143.9 54.7 172.4 47.9 153.6 41.2 168.1
1922 57.9 133.6 55.6 99.1 31.5 51.6 131.4
1923 57.3 149.2 53.6 128.0 50.1 I57.I 58.8 127.6 59.0 133.9
1924 60.8 147.0 54.4 I4I.2 58.6 139.2 59.6 128.4
1925 65.0 137.7 61.8 120.4 52.9 147.I 62.5 124.5 70.1 115.7
1926 67.2 133.8 63.5 117.1 66.4 122.5 66.1 113.6
1927 69.3 130.9 64.4 117.1 62.5 134.7 66.8 117.3 70.1 115.9
1928 72.4 126.8 72.7 105.8 60.7 142.5 70.6 112.2 fl» fl» ■B fl» ■
1929 75.5 123.0 73.1 105.1 65.2 130.5 84.2 91.2 90.6 944
1930 77.4 117.1 69.0 114.1 77.4 112.1 89.2 82.3
1931 81.0 104.8 67.1 106.7 54.8 167.2 79.7 91.6 100.7 83.3
1932 78.3 96.0 69.9 99.0 asee 69.3 105.8
1933 82.9 88.7 75.2 88.8 25.3 308.0 83.9 76.9 84.6 84.6
1934 86.3 103.1 73.9 107.7 85.2 93.8
1935 91.0 99.5 79.2 102.9 57.5 U3.6 99.4 83.6 78.8 101.6
1936 91.5 98.8 81.7 98.9 83.7 107.6 102.2 84.5
1937 90.3 110.4 83.0 117.6 79.6 140.1 100.5 95.8 91.3 108.3
1938 92.0 107.8 84.9 117.4 116.9 93.7 99.7 99.3 SB«» «»fl»
1939 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.C 100.0 100.0
1940 104.8 99.9 97.5 102.5 103.2 100.2 101.4 101.0 92.1 111.6
1941 107.8 108.7 104.1 111.6 ■ 11 I»
1942 i mm.....il ■ •»«---» ■■■1 1 w
1943 ---------
1944
1945 ••--- •------•
1946
1947
* See notes on page 122
Sources United States Department of Labor, Bureau of Labor Statistics
125
OUTPUT PER MANHOUR AND UNIT* LABOR COST IN SPECIFIED MANUFACTURING INDUSTRIES*
NOTE: See p. 122 (Indexes 1939 a 100)
Tear Primary Smelters. Lumber and 2/ Cement Clay
and Refineries!/ Timber Products TLZjs2y^iprs-_ O.P.M. U.L.C. Prpdixstsi/
_ D.L.C. O.P.M. Ü.L.C. O.P.M. U.L.C. O.P.M. JLLC.
1919 45.6 180.9 79.0 147.7 68.4 121.5 43.2 158.8 ' 70.2 119.8
1920 42.7 75.7 56.6 184.0 44.5 190.8 71.6 142.0
1921 54.8 136.8 84.4 118.6 69.6 149.4 51.2 137.3 70.6 123.0
1922 51.0 67.6 71.5 134.9 56.5 149.6 73.5 110.0
1923 58.8 145.0 71.4 134.3 72.4 139.1 55.6 141.1 80.4 121.8
1924 65.4 72.7 134.3 81.2 128.7 56.9 U1.5 76.1 131.4
1925 71.4 117.1 76.5 125.3 84.2 124.0 61.7 131.2 82.2 118.9
1926 76.3 76.4 128.1 86.3 121.9 62.0 126.1 83.0 118.6
1927 80.5 104.6 79.4 124.9 87.6 120.7 64.7 120.8 85.8 115.7
1928 83.9 ••• 78.2 126.6 89.7 117.7 67.8 113.3 90.5 110.6
1929 89.5 101.4 82.5 122.0 94.1 113.5 71.7 111.9 88.0 109.8
1930 85.3 --- -. 78.5 127.2 91.9 114.3 74.8 106.0 88.9 110.3
1931 96.1 87.0 90.7 98.9 90.6 109.4 85.7 94.3 91.8 95.3
1932 80.4 88.4 79.6 88.5 91.1 93.8 83.4 80.0 79.8 89.5
1933 88.5 77.5 86.1 85.5 86.7 91.9 84.4 85.4 87.8 76.9
1934 85.1 96.5 89.6 102.5 95.5 96.8 86.0 102.4 78.6 102.3
1935 76.2 99.7 90.9 97.9 94.8 94.2 80.9 107.5 84.3 98.5
1936 80.5 104.2 85.0 99.9 91.5 98.3 92.1 91.5 84.7 98.6
1937 87.6 114.0 82.4 109.6 92.4 107.7 89.1 113.4 88.2 108.5
1938 84.7 116.1 87.6 106.0 98.2 103.3 92.2 1Ï0.0 86.8 111.0
1939 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0
1940 108.0 95.3 111.7 94.9 103.0 100.7 100.4 99.4 103.1 90.8
1941 103.1 111.5 105.5 110.3 108.3 98.4 106.4 94.3
1942 102.3 127.4 98.1 137.6 108.4 104.8 97.4 111.7
1943 99.4 143.3 95.1 162.7 94.7 130.3 81.3 147.8
1944 97.4 151.4 96.0 175.1 83.8 152.0 83.0 151.0
1945 95.9 155.9 89.4 146.9 89.2 149.9
1946
1947
* See notes on page 122 1/ Nonferrous
2/ Other than pottery and nonclay refractories
2/ Sawmills
Source: United States Department of Labor, Bureau of Labor Statistics
126
OUTPUT PER MANHOUR AND UNIT LABOR COST IN SPECIFIED MANUFACTURING INDUSTRIES ♦
NOTE: See p. 122 (Indexes 1939 a 100) ______
Cotton Woolen and Leather Boots and Slaughtering &
Tear Goods Worsted Shoes Meat Packing
O.P.M. U.L.C. O.P.M. UtLtC< . O.P.M. U.L.C. O.P.M. U.L.C. O.P.M. U.L.C»
i
1919 58.2 156.4 62.7 124.6 47.0 169.5 64.3 150.3 58.8 141.7
1920 61.3 201.4 68.7 151.1 44.6 210.8 66.6 174.2 62.1 U9.6
1921 56.7 157.3 64.I 132.3 57.9 137.4 63.2 171.4 71.9 120.4
1922 65.0 130.4 64.3 126.3 58.8 124.8 67.1 167.0 76.3 102.7
1923 65.0 149.3 66.8 130.5 62.2 130.9 62.9 171.4 74.0 106.8
1924 65.2 146.5 68.1 140.2 62.5 135.9 63.9 169.3 79.4 100.9
1925 65.9 136.3 73.4 129.4 61.2 135.8 62.8 168.1 78.0 106.8
1926 62.9 134.0 73.7 124.9 62.8 137.8 68.4 159.5 81.2 104.2
1927 60.9 136.2 72.4 124.6 66.9 131.4 73.8 146.7 79.8 105.4
1928 65.5 127.0 72.8 122.8 68.1 128.6 77.6 138.8 79.8 105.0
1929 68.5 121.6 70.7 123.2 65.9 126.9 77.7 139.5 79.1 105.2
1930 66.2 126.1 71.2 126.6 66.2 129.1 75.7 137.6 81.3 103.1
1931 64.3 112.2 77.9 109.2 64.0 127.8 73.5 121.9 88.9 89.8
1932 70.2 87.4 82.3 89.4 71.2 105.5 79.4 102.4 89.3 76.0
1933 74.7 95.3 86.3 88.4 74.6 102.4 88.0 94.7 91.6 75.1
1934 79.0 122.8 95.1 102.9 81.5 109.7 89.6 111.2 81.7 100.9
1935 85.0 113.5 99.5 95.5 84.7 109.0 97.0 104.9 82.2 106.9
1936 93.5 101.1 97.8 98.9 84.3 109.9 103.7 96.2 86.2 99.5
1937 93.5 113.4 96.2 113.7 86.2 116.4 95.7 108.9 83.8 117.5
1938 93.7 108.6 90.4 115.0 93.4 107.4 99.0 103.2 94.0 107.0
1939 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0
1940 102.5 103.3 * --- «4V 101.1 101.3 105.6 98.2 102.1 98.1
1941 102.7 116.2 110.0 101.8 113.2 102.6 101.2 107.8
1942 102.2 135.8 100.2 141.7 116.5 110.2 111.8 119.9 96.0 123.3
1943 100.8 150.5 107.9 146.5 110.7 123.9 111.1 130.8 96.9 131.9
1944 100.4 161.1 116.4 140.5 114.5 127.8 105.9 146.9 102.3 132.7
1945 100.7 174.4 118.2 144.3 115.4 132.0 110.6 150.8 111.0 126.4
1946 ------ --- ------ ------
1947
* See notes on page 122
Sources United States Department of Labor, Bureau of Labor
Statistics
127
OUTPUT PER MANHOUR AND UNIT LABOR COST IN SPECIFIED MANUFACTURING INDUSTRIES *
NOTE: See p. 122 (Indexes: 1939 s JOO)___________________
Canning and Paper and Chemicals Paints and
Tear Preservlng-Group Tobacco Pulp Group Group Varnishes
O.P.M. U.L.C. O.P.M. U.L.C. O.P.M. U.L.C. O.P.M. U.L.C. O.P.M. U.L.C.
1919 53.7 142.1 39.1 188.6 44.9 156.9 30.0 W«B 53.0 125.5
1920 39.8 215.6 47.0 193.1 49.6 ■» * 46.7 181.0
1921 52.7 140.1 41.7 181.8 47.2 170.1 43.4 «•a» 57.2 136.8
1922 44.3 165.9 55.4 132.8 43.5 67.2 107.7
1923 65.7 122.9 47.4 163.1 58.8 141.8 47.0 136.0 65.2 115.4
1924 72.2 112.2 50.1 158.1 60.9 144.0 45.9 145.3 62.8 120.3
1925 68.8 117.6 52.2 152.5 64.3 135.5 51.2 131.4 63.6 118.7
1926 71.2 56.4 142.0 65.8 132.0 61.1 116.1 59.0 132.9
1927 67.4 117.5 55.3 139.5 69.7 125.8 64.2 114.8 67.0 121.0
1928 72.4 •»« 56.2 134.0 73.5 120.7 65.9 112.2 72.6 109.7
1929 68.4 115.1 63.7 121.7 74.0 120.1 72.1 103.3 71.7 111.5
1930 76.5 105.7 63.2 116.2 74.5 119.2 72.6 102.8 73.1 113.4
1931 86.1 96.4 71.0 104.4 85.3 102.3 81.3 93.1 76.5 110.0
1932 85.0 93.7 67.6 104.3 84.9 89.7 85.6 82.9 70.5 110.2
1933 97.9 79.0 73.7 102.7 86.9 82.7’ 86.7 80.9 70.8 103.8
1934 93.7 97.6 75.0 105.7 82.4 101.8 75.9 101.2 76.6 107.1
1935 100.4 92.0 86.7 97.9 87.5 98.2 .84.2 94.0 85.9 97.3
1936 82.8 104.9 92.2 95.1 91.5 95.0 88.5 93.2 90.0 94.3
1937 88.7 108.6 90.5 102.9 92.6 105.7 91.3 104.7 91.2 103.0
1938 95.3 102.5 94.7 102.8 94.5 106.2 89.6 111.7 90.7 108.2
1939 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0
1940 108.6 96.0 100.7 103.6 104.2 99.4 95.8 109.6 100.1 103.2
1941 110.5 104.9 104.5 105.9 106.7 106.2 113.8 97.3
1942 119.2 118.9 104.5 117.8 101.8 124.8 108.8 111.5
1943 115.4 141.6 103.5 130.8 94.7 143.4 --------- --------- 109.8 117.5
1944 116.7 150.1 108.8 136.5 ' 92.7 152.1 114.1 117.2
1945 120.8 152.7 118.7 135.5 95.2 152.9 120.3 115.5
1946
1947
* See notes on page 122
Source: United States Department of labor. Bureau of Labor
Statistics
128
OUTPUT FER MANHOCR AUD UNIT LAB® COST TH SPECIFIED MANUFACTURING INDUSTRIES *
NOTE: See n. 122___________(Indoes: 1939 s 100)__________
Petroleum Coke Rubber Tires
Tear Rayon Refining Group Group and Tube? _
O.P.M. U.L.C. O.P.M. U.L.C. O.P.M. U.L.C. O.P.M. U.L.C. O.P.M. U.L.C.
1919 --- --- 25.5 250.0 49.1 147.0 *e* <••» ••• •••
1920 --- -- --- --- 50.8 --- 39.2 175.5 23.5 268.3
1921 --- --- 29.0 232.0 58.9 133.9 42.6 161.4 26.8 233.5
1922 --- --- --- --- 69.4 45.3 164.3 30.2 232.4
1923 23.5 284.4 36.9 177.5 77.8 125.0
1924 23.3 311.2 43.7 148.0 81.1 --- 49.8 154.3 34.7 209.6
1925 25.3 281.6 48.2 138.9 82.6 98.3 53.0 145.6 39.5 185.9
1926 32.7 --- 46.0 144.4 89.7 --- 55.8 139.0 40.9 179.6
1927 28.2 240.9 49.1 134.6 86.7 90.9 60.5 128.8 44.9 163.1
1928 30.7 --- 57.0 117.5 98.5 --- 63.3 122.4 50.3 145.6
1929 30.4 233.5 51.7 129.6 92.8 76.1 63.2 124.1 50.5 145.5
1930 38.2 212.9 49.4 139.2 86.1 --- 69.8 113.7 57.8 130.5
1931 45.6 153.5 60.3 117.9 75.6 88.4 77.9 98.0 71.9 100.9
1932 46.8 129.3 64.0 106.9 66.3 ~ 87.2 82.8 77.6 85.0
1933 60.7 106.3 69.0 102.2 74.3 75.5 85.6 83.8 76.9 88.5
1934 62.2 126.4 69.8 113.0 73.9 --- 90.7 94.5 79.4 103.2
1935 67.8 119.0 76.4 ,110.5 85.0 83.4 92.8 97.8 86.5 102.8
1936 72.7 112.4 81.5 106.0 92.3 --- 94.7 97.9 88.4 104.2
1937 79.4 118.3 86.4 114.5 94.0 87,0 92.7 108.7 88.5 113.5
1938 87.2 112.6 91.5 111.0 87.9 -- 91.8 108.3 92.1 108.8
1939 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0
1940 113.7 92.2 102.9 97.8 104.4 95.4 99.2 102.2 102.9 98.4
1941 127.2 89.2 107.7 99.7 105.3 95.0
1942 141.3 90.1 101.5 116.1 106.2 100.2
1943 135.5 100.5 94.2 134.2 98.4 111.6
1944 141.5 99.7 95.6 138.3 103.1 112.2
1945 151.0 97.2 94.0 143.7
1946 ____;________ ______ _____
1947 _________ _____ ____ ____
See notes on page 122
Source: United States Department of Labor, Bureau of Labor Statistics
129
OUTPUT HER MANHOUR AND UNIT LABOR COST, SEIZCTED NONMANUFACTURING INDUSTRIES «
Bituminous Anthracite Lead and ""Electric Light
Tear £oal_Mi£lng__ Coal Mining fron Mining Copper Minins Zine Mining & ?cw Industry 1/ _ _AM. ^Mt O.PtM. U,C. O.P.M, U.L.C. O.P.M, U.L.C. O.P.M, U,L,C, Jw gH|
1935 82.4 98.9 79.3 110.4 87.7 «MS 97.5 MOW 99.5 MM 1917 42.6 100.5
1936 86.3 100.3 86.2 103.5 98.8 mm 110.2 MS» 93.7 MM 1918 MM MM
1937 88.1 108.0 87.4 108.2 105.9 «MB 101.0 MM 90.1 wee 1919 MM MM
1938 92.9 108.2 97.9 104.0 70.2 80.2 97.6 1920 mM MM
1939 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1921 • • MM
1940 100.4 99.8 101.1 98.4 118.8 85.3 104.2 101.5 97.2 109.1 1922 45.5 148.0
1941 103.4 109.8 105.7 100.1 119.7 95.7 100.3 114.1 99.2 119.2 1923 50.3
1942 103.5 118.5 100.4 110.9 110.7 109.1 102.5 128.2 91.1 151.2 1924 48.4
1943 106.3 125.6 101.2 116.1 101.2 127.0 103.7 UI.9 87.2 172.7 1925 49.7
1944 112.2 135.9 104.9 123.4 111.2 117.6 113.5 133.8 95.3 167.8 1926 52.5
1945
1946 1927 52.0 U3.2
1947 1928
1929 53.4 138.5
1930 49.6 150.4
1931 51.4 144.9
1932 57.6 133.2
1933 67.3 113.9
! 1934 77.1 111.9
Steam Railroad Transportation . 1935 82.3 108.2
Telephone . Telegraph , Hourly Freight Passenger 1936 87.4 102.3
Tear Industry * Industry ^ Employees Employees Employees
O.P.M. U.L.C. O.P.M. U.L.C. U.L,C. 1937 89.6 105.9
O.P^M. 0^M’ V 1938 88.9 110.1
1935 88.2 95.4 85.8 99.8 92.7 103.7 87.1 91.5 80.6 89.9 1939 100.0 100.0
1936 91.2 94.5 85.9 99.5 93.4 98.0 89.6 89.5 92.3 91.5 1940 108.6 93.7
1937 88.8 101.8 91.1 101.7 93.5 98.9 93.5 92.1 99.2 94.3 1941 123.2 85.9
1938 92.3 103.5 94.4 99.8 98.6 105.3 93.3 97.3 93.5 96.2
1939 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.2 1942 145.8 78.1
1940 103.0 97.9 91.4 105.8 102.5 95.4 103.4 100.8 105.2 101.5 1943 182.7 65.9
1944 191.1 66.1
1941 99.5 99.5 92.9 109.0 104.2 90.8 108.4 98.8 125.2 104.6 1945
1942 98.2 103.6 99.3 113.4 108.7 82.8 115.1 94.2 197.9 105.3 1946
1943 97.9 109.9 101.3 128.8 103.9 83.1 120.0 91.2 279.9 106.8 1947
1944 99.6 114.2 105.5 130.0 101.2 88.6 120.5 91.5 283.8 105.2
1945
1946
1947
i/ Privately-owned electric light and power utilities, representing in 1944,87 percent of the public supply of power generated*
£/ Class A telephone carriers and large wire-telegraph carriers which file annual reports with the Federal Communications Commission*
2/ Car miles per manhour. £/ Payrolls per revenue traffic. ¿/ Revenue freight ton miles per manhour. £/ Freight-train car miles per manhour. 2/ (Revenue passenger miles per manhour. 8/ Passenger-train car miles per manhour.
* See notes on page 122
Source: United States Department of Labor, Bureau of Labor Statistics
697283 0—48------9
130
INDUSTRIAL ACTIVITY
Corporation Profits
The Bureau cf Internal Revenue series is compiled by this Bureau and appears annually in the Bureau¹ s publication Statistics of Income* It represents essentially the statutory concepT*'7)Ir'proI^ in the publication by the ’’Compiled Net Profits” series. This series is derived as the difference between statutory receipts and statutory deductions# This series reflects the profits as reported by corporations at the time tax returns were filed and. does not take into account subsequent renegotiation refunds or additional tax payments# Renegotiation refunds were particularly significant during the war years# In order to avoid duplication the ^Compiled Net profits” series shown in the Handbook has been adjusted to exclude domestic intercorporate dividends#
The Department of Commerce series is compiled by the Bureau of Foreign and Domestic Comnerce, and published at irregular intervals in the Survey of Current business# This series shows the profits which accrue to industry in the creation of actual products# Thus, no account is taken of capital gains or losses, changes in inventory values due to price changes, and receipt of domestic or foreign dividends except those received by mutual life insurance companies. In addition, adjustments are made for renegotiation refunds, as well as other minor items# A full discussion of this series is contained in the April, 19^6 issue of the Survey of Current Business# A breakdown by major industry group is also shown#
It should be noted that this series is the latest revision made by the Commerce Department# It therefore differs somewhat from the estimates of profits shown as a component of the national income# The national income series have not as yet been revised.
131
CORPORATION PROFITS, BEFORE AND AFTER TAXES ,
____________________(Billions _.of Dollars)_______________________
Bureau of Internai Department of
Tear Revenue Sériés Commerce Selles y
Before Taxes After Taxes Before Taxes After Taxes
1918 $ 7.8 ‘ 4 4.7 --- ---
1919 8.6 6.4 $ 7.9 $ 5.7
1920 6.1 4.5 5.5 3.9
1921 .6 -.1 .7 .0
1922 5.2 4-4 4.7 3.9
1923 6.8 5.8 6.1 5.2
1924 5.9 5.0 5.2 4.3
1925 8.1 7.0 6.7 5.5
1926 8.0 6.8 7.0 5.8
1927 7.0 5.9 6.2 5.1
1928 8.8 7.6 -7*5- - - --- - -¿#3.
1929 9.3 8.1 9.8 8.3
1930 2.1 14 3.2 2.3
1931 -2.7 -3.1 -.8 -1.4
1932 -5.1 -5.4 -3.1 -3.5
1933 -2.0 -2.4 .1 - -4
1934 .8 .2 1.6 .9
1935 2.4 1.7 3.1 2.2
1936 5.1 3.9 5.6 4.1
1937 5.1 3.9 6.1 4.6
1938 2.3 1.5 3.2 2.1
1939 5.3 4.0 6.4 4-9
1940 7.3 4.8 9.2 6.2
1941 14.4 7.3 17.1 ' 9.1
1942 22.0 9.8 ’ 21.0 9.2
1943 26.8 10.9 24.9 9.9
1944 ____ ____ ‘ 24.1 9.8
1945 ____ . 20.9 9.1
1946
V Compiled Net Profits: Intercorporate dividends are eliminated to avoid duplication of profits
2/ Includes net dividends from abroad» While the Commerce national income concept differs from the Bureau of Internal Revenue concept in several ways, the main difference arises from the exclusion from Commerce figures of capital gains and losses. Differences also occur in 1942 and 1943 because of tax refunds on renegotiations, for which Commerce makes adjustments, but Bureau of Internal Revenue does not. ¿/ Data,for 1929 and later years are latest revisions and are not strictly comparable with data for earlier years
Source: United States Treasury Department and United States Department
of Commerce
132
CORPORATE PROFITS BEFORE AND AFTER FEDERAL AND STATE INCOME AND EXCESS PROFITS TAXES BY MAJOR INDUSTRY DIVISIONS
NOTE: See p» 130 (ifi. Ilions of Dollars)
All Private Industries Agri- Fi- Commu-
Including & Excluding culture. » Con- nance, Trans- nica-
Net Dividends Forest- Min- tract Manu- Whole- Insur- por- tion & Ser-
Year From Abroad ry and ing Con- fac- sale & ance, ta- Public vi-
Inclu- Divi- Exclu- Fish- struc- • turing Retail & Real tion Utili- cesi/
ding de nd s ding eries tion Trade Estate ties
Before Federal and State Income and Excess Profits Taxes ; . _ . -
1929 ♦ 9,770 $ 8$ * 9,685 1 20 $ 466 1 121 1 5,045 $ 778 ♦1,123 ♦1,056 ♦ 925 ♦ 151
1930 3,225 22 3,203 -35 125 93 1,710 -15 94 433 715 83
1931 -846 -41 -805 -68 -122 1 -271 -415 -385 -96 587 -36
1932 -3,100 -46 -3,054 -69 -89 -88 -1,290 -726 -730 -330 451 -183
1933 99 -24 123 -29 -12 -51 843 86 -747 -241 383 -109
1934 1,643 6 1,634 -28 179 -27 1,393 411' -673 -162 558 -17
1935 3,141 56 3,085 16 195 0 2,240 546 -402 -86 569 7
1936 5,597 -12 5,609 28 322 27 3,614 914 -95 93 661 45
1937 6,126 7 6,119 14 469 42 3,718 817 151 57 785 66
1938 3,151 113 3,038 -7 219 28 1,603 402 196 -178 728 47
1939 6,374 133 6,241 9 318 32 3,716 839 223 160 870 74
1940 9,185 136 9,049 24 442 70 5,608 1,119 338 332 1,012 104
1941 17,050 74 16,976 63 622 188 11,151 2,183 499 910 1,171 189
1942 20,969 81 20,888 82 613 314 12,637 2,606 853 2,078 1,360 345
1943 24,908 70 24,838 116 586 245 14,900 3,132 1,117 2,706 1,506 530
1944 24,077 76 24,001 133 700 162 14,129 3,387 1,198 2,276 1,479 537
1945 20,875 60 20,815 145 685 187 10,917 3,678 1,320 1,741 1,572 570
1946 . ---. ......--- ---_ --------- ---A------
1947
Income and Excess Profits Taxes - -- -- -- -- --
1929 8,337 85 8,252 13 416 102 4,392 648 829 919 812 121
1930 2,348 22 2,326 -39 loi 75 1,318 -95 -63 359 611 59
1931 -1,365 -41 -1,324 -69 -130 -8 -487 -475 -472 -132 496 -47
1932 -3,489 -46 -3,443 -70 -97 -92 -1,426 -768 -798 -357 357 -192
1933 -444 -24 -420 -31 -23 -55 576 6 -809 -269 303 -118
1934 866 6 860 -33 154 -32 1,047 288 -776 -212 457 -33
1935 2,188 56 2,132 8 168 -9 1,776 404 -535 -138 469 -11
1936 4,150 -12 4,162 18 279 14 2,874 702 -299 21 536 17
1937 4,575 7 4,568 5 404 26 2,923 611 -52 -20 635 36
1938 2,069 113 1,956 -12 183 15 1,129 257 27 -238 578 17
1939 4,868 133 4,735 2 272 18 2,941 635 61 70 695 41
1940 6,248 136 6,112 13 364 44 3,818 777 109 179 748 60
1941 9,141 74 9,067 38 463 97 5,695 1,228 137 570 733 106
1942 9,179 81 9,098 40 404 113 5,047 1,140 421 1,086 694 153
1943 9,945 70 9,875 50 410 75 5,474 1,277 621 1,040 725 203
1944 9,757 76 9,681 55 535 61 5,273 1,374 696 791 688 208
1945 9,080 60 9,020 57 538 66 4,491 1,456 791 698 703 220
1946 --- --- --- ------ ------ ------ ---------- . ......... --- ---------
1947 '
2/ The following service industries are emitted from the table either because there are no corpora* tions in the industry or because corporate profits before Federal and State income and excess profits taxes are zero in all years: Private households, medical and other health services, legal services, engineering and other professional services, n.e.c., educational services, n.e.c., religious organizations, and nonprofit membership organizations, n.e.c»
SOURCE: United States Department of Comrerce, Bureau of Foreign and Domestic Commerce
133
NET WORKING CAPITAL OF UNITED STATES CORPCRATIONS* (Billions of Dollars)
End of All
Tear United 63 Large
and States Manufacturing
Quarter Corporations Corporations 1/
1939 ♦ 21u6 ♦ 5.2
Mo 27.5
Ml 32.1 5.9
M2 36.1 ■1
M3 111.3 7.5
MU 8.1
I Qtr. 1*2.6 m
H Qtr. 113.7 «B
m Qtr. OB
IV Qtr. 1(5.5 WB
M5
I Qtr. 46.8
H Qtr. 1*8.0 84
HI Qtr. 50.9
IV Qtr.
M6
I Qtr.
II Qtr.
HI Qtr.
IV Qtr.
M7
I Qtr.
II Qtr.
Ill Qtr.
IV Qtr.
y Corporations with assets of $100,000>000 or more* classified by assets size at the end of l?hl.
SOURCE: Securities and Exchange Commission
* The net working capital series is compiled by the Securities & Exchange Commission« It represents the difference between current assets and current liabilities reported by 1,271 domestic corporations registered with the Commission« Only registered corporations are included in the series5 they are generally the larger corporations« These corporations áre on a consolidated basis«
All types of industries, except banks, insurance and investment companies are represented, viz., agriculture, manufacturing, mining, public utilities, trade, service, construction, and finance*
134
INDUSTRIAL ACTIVITY
Labor Turn-Over Hates in Manufacturing Industries
These series are compiled by the United States Department of Labor, Bureau of Labor Statistics, and published monthly in the Monthly Labor Review. Quit, discharge, lay-off, military and miscellaneous, total separation, and accession rates per 100 employees are shown. A definition of terms and a statement on the method of computation of the various rates appear in the September 1940 issue of the Monthly Labor Review, as follows:
Definition of Terms:
An accession is the hiring of a new employee or the rehiring of ah old employee. A separation is a termination of employment of any of the three following kinds: Quits, lay-offs, and discharges.
A quit is a termination of employment, generally initiated by the worker because of his desire.to leave, but sometimes due to his physical incapacity.
A discharge is a termination of employment at the will of the employer, with prejudice to the worker because of some fault on the part of the worker.
A lay-off is a termination of employment at the will of the employer, without prejudice to the worker. A permanent lay-off, a long lay-off, an indefinite lay-off, and a short, definite lay-off with the name of the worker removed from the pay roll are counted by the Bureau as lay-offs) but a short, definite lay-off with the name of the worker remaining on the pay roll is not counted as a separation. (It is recognised that some companies retain persons on the pay roll and give them extended vacations when business is slow; other companies take them off the pay roll but promise to reemploy them when there is work. This variation in policy interferes with complete comparability in the monthly reports received from the con-panies and causes some distortion of the general lay-off rate.)
Transfers from one plant to another of the same company are not considered accessions or separations.
A military separation is a termination of employment of a worker to enter the armed forces or women's auxiliaries (voluntary enlistment or selective service).
A miscellaneous separation is a termination of employment due to permanent disability, death or retirement on pension. (These separations currently comprise not more than 0.1 in the figures for the group "Military and Miscellaneous." In 1939 they were included with quits) •
135
INDUSTRIAL ACTIVITY
Labor Turn-Over Rates in Manufacturing Industrie (continued)
Method of Computation
The Items of separation and accession are divided by the average number on the pay roll and multiplied by 100 to get the rate per 100 employees for the month. In compiling the rates the actual numbers for the several establishments are added and the general rates computed from the grand total» Thus, each establishment has an influence or "weight” in the rate in proportion to its size»
If an equivalent annual rate is desired, the monthly rate can be multiplied by 11.77 if the month has 31 days; by 12.17 if it is a 30-day month; by 13.04 if it is a 28-day month; and by 12»62 if it is a 29-day month»
In comparing monthly rates the number of days in the month should be considered, as no adjustment is made in the monthly rate because of the number of its days. With the adjustment in the equivalent yearly rate this latter figure affords a more exact comparison as between months»
136
ANNUAL AND MONTHLY LABOR TURN-OVER RATES
(Per 100 Employees) IN MANUFACTURING INDUSTRIES
NOTE: Se< sp. 134 ____________________
Year
and Accessions Military
Month Total Quits Discharges Lay-Offs & Mise.
1930 37*0 59.6 18.6 5.o 36.0 N.A.
1931 36.6 1*8.1* n.4 2.7 34.3 N.A.
1932 39.8 52.0 8.3 2.0 41.7 N.A.
1933 65.2 1*5.4 10.7 2.5 32.2 N.A.
1931» 56.9 49.2 10.7 2.2 36.3 N.A.
1935 50.0 42.7 10.4 2.3 30.1 N.A.
1936 52.2 4o.4 13.0 2.6 24.7 N.A.
1937 42.6 53.1 15.0 2.4 35.8 N.A.
1938 46.2 49.2 7.5 1.3 40.5 N.A.
1939 1*8.9 37.7 9.5 1.5 26.7 N.A.
Aug. 5.1 3.0 .8 .1 2.1 N.A.
1940 52.7 40.3 10.9 1.8 25.9 1.6
1941 64.5 46.7 23.6 3.0 15.9 4.2
Jan. 3.4 1.3 .2 1.6 .3
Dec. 4.8 4.7 1.8 .3 2.2 .5
19h2 91.6 77.7 45.1 4.7 12.9 15.0 •
May 7.3 6.5 3.8 •4 1.4 1.0
Sept. 9.2 8.1 5.2 .4 .7 1.8
Oct. 8.7 7.9 4.6 .4 .8 2.0
191*3 89.6 87.2 62.3 7.1 7.0 10.8
May 7.2 6.7 4.8 .6 .5 .8
191*1* 73.2 81.8 61.0 7.7 7.2 5.9
Jan. 6.5 6.7 4.6 .7 .8 .6
Feb. 6.6 4.6 .6 •8 .6
March 5.8 7.4 5.0 •7 .9 .8
'April 5.5 6.8 4.9 .6 •6 .7
May 6.4 7.1 5.3 .6 •5 .7
June 7.6 7.1 5.4 .7 .5 .5
July 6.3 6.6 5.0 .7 .5 .4
Aug. 6.3 7.8 6.2 .7 .5 .4
Sept. 6.1 7.6 6.1 .6 .6 .3
Oct. 6.0 6.4 5.0 .6 .5 .3
Nov. 6.1 6.0 4.6 .6 .5 •3
Dec. 5.1 5.7 4.3 .6 .5 .3
137
ANNUAL AND MONTHLY LABOR TURN-OVER RATES
(Per 100 Employees) IN MANUFACTURING INDUSTRIES
NOTE: See p. 134
Year SEPARATIONS
and Accessions Military
Month Total Quits Discharges Lay-Offs & Mise.
MS 75.7 99.6 60.9 7.3 27.7 3.7
Jan. 7.0 6.2 4.6 .7 .6 .3
Feb. 5.0 6.0 4.3 .7 z .7 .3
March 4.9 6.8 5.0 .7 .7
April 4.7 6.6 U8 .6 .8
May 5.0 7.0 . U.S .6 1.2
June 5.9 7.9 5.1 .7 1.7
July 5.8 7.7 5.2 .6 1.5
Aug. 5.9 17.9 6.2 .7- 10.7 .3
Sept. 7.4 12.0 6.7 .6 h.5 •2
Oct. 8.6 8.6 5.6 •5 2.3 .2
Nov. 8.7 7.1 4.7 .5 1.7 •2
Dec. 6.9 5.9 4.0 1.3 .2
w 6,8
Jan. -&»L
Feb.
March 6.8 1.8
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
w
Jan.
Feb.
March
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
SOURCE: United States Department of Labor, Bureau of Labor Statistics
138
INDUSTRIAL ACTIVITY
Industrial Disputes
These series relating to work stoppages shown in the Handbook are compiled by the United States Department of Labor, Bureau of Labor Statistics, and published monthly in the Monthly Labor Review# A rather complete discussion of the nature and method of collection of the data appears in the May 1945 issue of the Monthly Labor Re* v^eg, aa ®xc*rpt from which followss
The Bureau's statistics include all known strikes and lockouts in continental United States, which involve as many as six work* ers and last as long as full day or shift. They include all workers in the plant who were made idle beeause of a dispute, but do not include workers or idleness in other plants which may have been indirectly affected. For example, if a small number of maintenance workers in an automobile assembly plant strike and thus cause the entire plant to close, all workers in the plant are counted as involved in the stoppage# However, if an automobile assembly plant is forced to curtail production because it cannot obtain needed parts from another plant on strike, idleness in the assembly plant is not counted. This is primarily because it is Impossible to obtain consistent and accurate information concerning the indirect and secondary effects of stoppages# The present statistics are limited to basic figures which can be obtained uniformly and accurately month after month, so that information in different periods will be comparable and will reflect accurate trends#
Initial information concerning labor disputes is obtained fTon notices appearing in about 400 daily newspapers from all parts of the country and more than 250 labor and industry papers and journals, as well as records from Federal and State agencies which deal with employer-employee disputes# Upon receipt of the notices, detailed questionnaires are sent to the companies, unions, and impartial agencies involved in each work stoppage to get first-hand and verified information#
139
WORK STOPPAGES IN THE UNITED STATES: ANNUAL DATA
Work Stoppages Workers involved Man-days idle
Average Percent Percent Per
Year Number Duration Number 1/ of Total Number of Avail- Worker
(Calendar Em- able Work- In-
Days) ployed 2/ ing Time 3/ volved
1914 1,204
1915 1,593
1916 1/ 3,789 1,599,917 8.1*
1917 W50 1,227,251* 6.3
1918 3,353 1,239,989 6.2
1919 3,630 1*,160,31*8 20.8
1920 3,411 1,1*63,051* 7.2
1921 2,385 1,099,21*7 6.1*
1922 1,112 1,612,562 8.7
1923 1,553 756,581* 3.5
1921» 1,21*9 651*,61*1 3.1
1925 1,301 1*28,1*16 2.0
1926 1,035 329,592 1.5
1927 707 26.5 329,939 1.1* 26,218,628 0.37 79.5
19 28 601* 27.6 314,210 1.3 12,631,863 .17 1*0.2
1929 921 22.6 288,572 1.2 5,351,51*0 .07 18.5
1930 637 22.3 182,975 .8 3,316,808 .05 18.1
1931 810 18.8 31*1,817 1.6 6,893,21*1* .11 20.2
, 1932 81*1 19.6 321*,210 1.8 10,502,033 .23 32.1*
1933 1,695 16.9 1,168,272 6.3 16,872,128 .36 ll*.l*
1931* 1,856 19.5 1,1*66,695 7.2 19,591,91*9 .38 13.1*
1935 2,011* 23.8 1,117,213 5.2 15,1*56,337 . 29 13.8
1936 2,172 23.3 788,61*8 3.1 13,901,956 .21 17.6
1937 l*,71*0 20.3 1,860,621 7.2 28,1*21*,857 .1*3 15.3
1938 2,772 23.6 688,376 2.8 9,11*8,273 .15 13.3
1939 2,613 23.1* 1,170,962 1*.7 17,812,219 . 28 15.2
191*0 2,508 20.9 576,988 2.3 6,700,872 .10 11.6
191*1 I*, 288 18.3 2,362,620 8.1» 23,01*7,556 .32 9.8
191*2 2,968 11.7 839,961 2.8 4,182,557 .05 5.0
191*3 3,752 5.0 1,981,279 6.9 13,500,529 .15 6.8
191*1* 1*,956 5.6 2,115,637 7.0 8,721,079 .09 4.1
191*5 l*,75O 9.9 3,467,000 12.2 38,025,000 .47 11.0
191*6__
1947 _______ ______
1/ The number of workers involved in some strikes which occured from 1916 to 1926 is not known. However, the missing information is for the smaller disputes and it is believed that the totals here given are fairly accurate
2/ See footnote 1 on table for Monthly Data.
3/ See footnote 2 on table for Monthly Data.
SOURCE: United States Department of Labor, Bureau of Labor Statistics.
140
WORK STOPPAGES IN THE UNITED STATES: MONTHIY DATA
NOTE; See p« 138
Number of Workers Involved in Work Stoppages Man-days Idle During Month
Year Work Stoppages In Effect During Month - Percent of
and Begin- In effect Begin- Percent Available
Month ning in During ning in Number of Total Number Working
Month Month Month Employed 1/ Time 2/
1945 . ILrJL^_ 11 L. .
Jan« 234 265 46,700 55,300 .19 199,000 .03
Feb. 279 313 111,000 118,300 •41 388,000 .06
Mar« 362 422 196,900 226,500 .78 775,000 .10
Apr« 431 486 305,500 327,400 1.13 1,472,000 .20
May 433 517 332,700 358,200 1.24 2,219,000 .29
June 482 576 331,600 382,500 1.32 1,886,000 .25
July 523 611 325,000 413,000 1.44 1,769,000 .24
Aug« 447 586 270,900 354,300 1.24 1,712,000 .24
Sept« 573 730 525,600 610,900 2.26 4,341,000 .73
Oct. 474 737 550,500 851,700 3.15 8,611,000 1.39
Nov« 358 619 420,200 660,400 2.40 6,935,000 1.20
Dec« 134 367 5O,4oo 503,900 1.82 7,718,000 1.39
1946
Jan« 325 5oo 1,400,000 1,750,000 19,200,000 3.13
Feb. 260 460 130,000 1,430,000 21,500,000 3.94
Mar. 385 655 130,000 1,000,000 14,000,000 2.42
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov«
Dec«
1947
Jan«
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept«
Oct«
Nov.
Dec. ------ __«
¿/ "Total employed workers" as used here refers to all workers except those in occupations and professions in which there is little if any union organization or where strikes rarely if ever occur« In most industries it includes all wage and salary workers except those in executive# managerial# or high supervisory positions or those performing professional work the nature of /vihich makes union organization or group action impracticable« It excludes all self-employed# domestic workers# agricultural wage workers on farms employing less than 6# all Federal and State government employees# and the officials# both elected and appointed# in local, governments« y Available working time was confuted for purposes of this table by multiplying the average number of employed workers each year by the number of days worked by most employees during the year«
SOURCE: United States Department of labor# Bureau of Labor Statistics«
Ml
AGRICULTURAL ACTIVITY
Fara Production
These series are compiled by the United States Department of Agriculture, Bureau of Agricultural Economics» The index of farm or agricultural production represents the volume of agricultural commodities sold by farmers plus the amount consumed by farm households« The index is computed as the weighted average of the volume of the various farm commodities, the weights being the average price per unit in the base period, 1935-39« Total production is separated into two major groups, production of 2£2E£* ancTproduction of livestock and livestock products« These indexes, together with varioujF'suE^groupsJ^^ annual
basis by the Bureau of Agricultural Economics in selected issues of the Farm Income Situation«
Farm Income
The farm income series are compiled by the Bureau of Agricultural Economics, United States Department of Agriculture« The series are fully discussed in two of the Bureau’s mimeographed releases, “Materials Bearing on Parity Prices”, issued in July 19U1 and “Net Farm Income and Income Parity Summary, 191O-U2“, issued in July 1943* In these publications, gross farm income is defined as the value of all products and services becoming available for consumption on farms during the calendar year, which includes cash income from farm marketings, Government payments, the value of products retained for human consumption on farms where grown, and the rental value of farm homes«
Cash farm income includes all of the receipts from the sale of farm products whether they are sold by farm operators or by landlords owning farm land«
Aggregate net income of farm operators is the sum of (1) cash farm mar-ketlngs* ad justed for changes in inventory, (2) government payments, (3) value of farm-produced goods consumed by the farm household, and (4) rental value of the farm home, less (1) cash farm operating expenses, corrected for depreciation, and (2) perquisites to hired labor. The index of net income of farm operators is computed from the above series by O.P«A.
Net income per farm is calculated by dividing the above aggregate net Tncome^oT^TaSr^erators by the number of farms as estimated by the Bureau of Agricultural Economics.
The Bureau of Agricultural Economics farm income series differ from the Department of Commerce series on net income of agricultural proprietors, discussed in the section on National Income, in two respects as pointed out in the June 1910 Surve^jtfjCi^^
AGRICULTURAL ACTIVITY
Farm Income (Continued)
as follows:
The Commerce estimates exclude, and the Agriculture estimates include, the net (imputed) rental value of owner-occupied farm dwellings; and the Commerce Department series, covering the activities of only owner-operators and tenants, defines net rent accruing to landlords living on farms as a component of total net rents rather than of net income of farm operators«
Shown in the Handbook are the series cash income from farm marketings excluding and including government payments, and net income of farm operators«
Farm Employment and Wage Rates
These series are compiled by the Bureau of Agricultural Economics, United States Department of Agriculture, and published monthly in the Bureau's publication, Farm-Labor«
The estimates of farm employment — family workers, hired workers and total farm employment — are based on monthly returns received by the Bureau from crop reporters in the States, adjusted to Census levels, and are as of the first of the month« The estimates include all persons employed on farms two or more days during the work week just prior to the inquiry, excluding persons doing housework« Family workers include the operator and those members of his family who are not paid wages« Hired workers include all persons paid wages for farm work, whether by month, day, or piece work«
The BAE series differs from the agricultural employment series compiled by the Bureau of the Census in the following respects:
1« The BAE series includes, and the Census series excludes, workers under 14 years of age«
2« The BAE series includes all workers employed on the farm at least two days during the enumeration week even though the majority of their employment was in nonagricultural pursuits« The Census series includes only workers the majority of whose employment was agricultural work during the enumeration week, without reference to the number of days worked«
3« The BAE series excludes, and the Census series includes, workers employed in some food processing.
The estimates of monthly farm wage rates are based on a quarterly inquiry made by the Bureau, and are as of the first day of the calendar quarters« The monthly rates shown quarterly in the Handbook are composites of the four classes of wage rates (per month, with and without board, and per day, with and without board)« Similarly, the annual rates shown are weighted averages of the monthly rates for the quarters« In general, employment weights are used«
243
NCTEs See p. 141 FARM PRODUCTION AND FARM INCOME
Farm Incane
Cash Income from Marketings
ran« rx-paucbion Exdt Gov ^ t e Hoymon'ts Including Net Income of Operators
Year Index: Gov’t. Index: Total Amount
(Index: 1935-39 = 100) (1935-39 Amount Payments (1910-14 Amount per
Total Crops Livestock « 100) ($ Millions) ($ Millions) ■ 100) ($ Millions) Farm
1910 79 82 77 72.7 $ 5,793 $ 5,793 103.9 $ 3,904 $ 614
I9II 83 85 81 70.2 5,596 5,596 89.6 3,368 527
I9I2 85 94 80 75.5 6,017 6,017 100.2 3,767 586
1913 81 84 80 78.4 6,248 6,248 101.4 3,812 591
1914 86 99 78 75.9 6,050 6,050 104.9 3,944 609
1915 86 95 81 80.3 6,403 6,403 101.6 3,818 586
1916 83 81 84 97.2 7,750 7,750 117.6 4,421 674
1917 86 88 84 134.8 10,746 10,746 200.4 7,532 1,152
1918 90 92 89 168.8 13,461 13,461 231.8 8,713 1,336
1919 91 91 90 183.1 14,602 14,602 234.1 8,799 1,360
1920 92 102 85 158.1 12,608 12,608 189.6 7,126 1,105
1921 83 80 86 102.2 8,150 8,150 79.5 2,990 460
1922 91 90 91 107.8 8,594 8,594 108.4 4,075 626
1923 94 91 97 119.9 9,563 9,563 126.8 4,767 745
1921s 98 96 99 128.2 10,221 10,221 125.5 4,716 743
1925 97 99 96 137.9 10,995 10,995 159.9 6,010 943
1926 100 105 97 132.5 10,564 10,564 152.3 5,724 903
1927 98 96 98 134.9 10,756 10,756 144.9 5,447 870
1928 102 106 100 138.9 11,072 11,072 155.1 5,831 930
1929 99 98 99 141.7 11,296 11,296 156.4 5,878 934
1930 98 96 99 113.1 9,021 9,021 115.5 4,340 690
1931 102 104 100 79.9 6,371 6,371 77.0 2,894 453
1932 96 92 99 59.5 4,743 4,743 49.8 1,872 287
1933 96 85 303 66.6 5,314 5,445 69.8 2,625 391
1934 93 72 106 79.4 6,334 6,780 82.4 3,099 • 458
1935 91 89 93 88.9 7,086 7,659 120.3 4,522 663
1936 94 82 101 104.9 8,367 8,654 125.9 4,731 712
1937 106 117 98 111.1 8,850 9,217 142.4 5,352 828
1938 103 105 102 96.4 7,686 8,168 115.2 4,332 *685
1939 106 107 306 98.8 7,878 8,685 121.5 4,566 735
19b0 110 107 112 104.6 8,343 9,109 126.8 4,767 782
1941 113 109 U5 139.9 11,157 11,742 179.6 6,753 1,146
1942 124 121 126 192.1 15,316 16,013 271.3 10,197 1,777
1943 128 114 137 242.6 19,342 20,014 334.4 12,571 2,257
w 136 128 141 253.8 20,238 21,042 323.5 12,159 2,211
1945 132 2/ ' 123 2/ ' 138 2/ 260.6 20,781 21,551 343.0 2) 1 12,900 2/ 2,345 2/
w --------- ------------ --- --------- .
M7
V Adjusted for inventory changes«
3/ Estimates based on December 1945 data«
SOURCES United States Department of Agriculture, Bureau of Agricultural Economics
NQTE:_ See p. 142 FARM EMPLOYMENT AND MONTHLY WAGE RATES
Farm Employment Farm Wage Rates
Year Number in Thousands Seasonally Adjusted index (1910-14=100) Seasonally Ad-
and All Farm Family Hired All Farm Family Hired Amount justed Index
Month Workers Workers Workers Workers Workers Workers (Dollars) (191O-1U-1O0)
1910 12,146 9,269 2,877 101 101 99 $ 23.93 97
1911 12,042 9,172 2,870 100 100 99 24.15 98
1912 12,038 9,149 2,889 100 100 100 24.98 101
1913 12,033 9,128 2,905 100 100 100 25.59 103
2911» 12,000 9,081 2,919 100 99 101 25.13 101
1935 11,981 9,047 2,934 99 99 101 25.41 103
1916 12,016 9,050 2,966 100 99 103 27.93 U3
1917 11,789 8,856 2,933 98 97 101 34.79 141
1913 11,348 8,507 2,841 94 93 98 43.73 177
1919 11,106 8,322 2,784 92 91 96 51.13 207
2920 11,362 8,479 2,883 94 93 100 59.88 242
1921 11,412 8,511 2,901 95 93 100 38.29 155
1922 H,443 8,528 2,915 95 93 101 37.47 151
1923 11,385 8,491 2,894 94 93 100 41.87 169
192k 11,362 8,488 2,874 94 93 99 42.91 173
1925 11,848 8,577 2,871 95 94 99 43.51 176
1926 11,534 8,507 3,027 96 93 105 44.36 179
1927 11,246 8,296 2,950 93 91 102 44.36 179
1928 11,379 8,340 2,956 94 91 102 44.28 179
1929 11,289 8,305 2,984 94 91 103 44.52 180
1930 11,173 8,323 2,850 93 91 99 41.25 167
1931 11,159 8,469 2,690 93 92 93 32.11 130
1932 11,069 8,571 2,498 92 94 86 23.66 96
1933 11,023 8,590 2,433 91 94 84 21.10 85
1934 10,852 8,506 2,346 90 93 81 23.61 95
1935 11,131 ’ 8,702 2,429 92 95 89 25.53 103
1936 11,047 8,486 2,561 92 93 91 27.51 111
1937 10,892 8,261 2,631 90 90 91 31.25 126
1938 10,789 8,169 2,620 90 89 • 90 30.91 125
1939 10,740 8,145 2,595 89 89 90 30.56 123
Aug. 11,359 8,296 3,063 89 89 90 » as OB BB
1940 10,585 8,019. 2,566 88 88 89 31.28 126
1941 10,361 7,829 2,532 86 , 85 88 38.14 154
Jan.* 8,428 6,'807 1,621 87 86 9Q 30.73 129
Dec. 9,428 7,113 2,315 86 86 86 --- SB «B M
1942 10,397 7,855 2,542 86 86 88 49.80 201
May 10,796 8,399 2,397 88 88 88 • SB * BB
Sept. 11,390 8,191 3,199 85 83 90 --- «B * BB
Oct. 11,921 8,653 3,268 84 85 83 54.39 220
1943 10,263 7,857 2,406 85 86 83 65.35 264
May 10,492 8,248 2,244 85 85 84 --- --- --- ---
19Ul 10,037 7,810 2,227 83 85 77 78.00 315
Jan. 8,202 6,622 1,580 86 86 87 68.08 286
Feb. 8,383 6,702 1,681 85 85 87 «b m
March 8,562 6,935 1,627 84 85 82 BB OB
April 9,080 7,401 1,679 82 84 74 72.33 298
May 10,068 8,079 1,989 81 83 74 --- * B» MB
June 11,285 8,845 2,440 84 86 75 MB a»
July 11,355 8,623 2,732 82 84 74 81.29 318
Aug. 10,608 7,914 2,694 82 84 76 «B SB OB OB
Sept. 11,040 8,223 2,817 82 84 78 «B OB MB «B
Oct. 11,839 8,928 2,911 84 87 75 80.50 316
Nov. 10,690 8,168 2,522 83 86 74 m as
Dec. 9,337 7,289 2,048 85 88 76 - --- --- ---
U*5
farm employment and monthly wage RATES
NOTE: See p. 11*2
Farm Employment Fann Wage Rates
Tear Number in Thousands Seasonally Adjusted Index ( 1910-U*=100) Seasonally Ad-
and All Farm Family Hired All Farm Family Hired Amount justed Index
Month Workers Workers Workers Workers Workers Workers (Dollars) ç i9io-il*=iûù)
191*5 9,81*3 7,726 2,118 82 81* 73 $ 86.60 350
Jan. 8,005 6,571 1,1*31* 85 86 79 80.30 338
Feb. 8,051 6,557 1,1*91* 83 81* 78 * a* ■» e»
March 8,1*11* 6,891* 1,520 83 81* 78 •• w --- •
April 8,982 7,322 1,660 81 83 73 82.90 31*2
May 10,017 8,153 1,861* 80 81* 69 •a eat •• »
June 10,991* 8,637 2,357 81 83 73 ■* AM •• •»
July 11,100 8,556 2,51*1* 80 83 69 89.60 351
Aug. 10,612 7,970 2,61*2 83 85 75 •• «B •" •* •
Sept. 10,907 8,091* 2,813 81 82 78 •• «»
Oct. 11,052 8,558 2,1*91* 79 81* 61* 88.00 31*5
Nov. 10,71*7 8,178 2,569 81* 86 76 ■* é»
Dec. 9,21*5 7,217 2,028 ' 81* 87 75
191*6
Jan. 7,732' S,!*17 1,320 85.90 "W
Feb. 7,799 6,375 1,1*21* 80 81 73
March 8,1*11* 6,891* 1,520 82 83 75
April 9,121 7,1*69 1,652 83 85 73 87.80 362
May 10,366 8,391 1,975 81* 87 73 a» ■•
June
July *
Aug.
Sept.
Oct.
Nov.
Dec.
191*7
Jan.
Feb.
March
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
SOURCE- United States Department of Agriculture, Bureau of Agricultural Economics
«»7283 0—46——10.
146
agricultural activity
Productivity - Agriculture
These series are compiled by the Productivity and Technological Development Division of the United States Bureau of Labor Statistics. Hie indexes for 1909-35 were constructed by the National Research Project of the Works Projects Administration in connection with its studies of changing techniques and employment - Agriculture. The National Research Project indexes, which were computed on the base 1924-29 - 100, were linked to indexes prepared by the Bureau of labor Statistics, for later years on the base 1939=100.
The methods used by the Bureau of labor Statistics were similar to those used by the National Research Project; they are fully described in the publications: Trend in Size and Production of the Aggregate Farm Enterprise, 1909-70^ Rational Research Project Report No. A-6, and Trends - Employment™*- Agriculture, 1909-36, National Research Project Report No. A-8. Additional data on this subject may be found in Labor Requirements for Crops and Livestock, .United States Department of Apiculture, bulletin F.U. 40. TEe~seriesas~published and described by the Bureau of Labor Statistics appear in two mimeographed releases, "Productivity in Agriculture; 1909-1942”, issued November 1943 and Productivity in Agriculture; 1942-44”, issued May 1945«
147
PRODUCTIVITY IN AGRICULTURE
(Indexes: 1939 ■ 100)
Output
Tear Production Employment per Worker
1909 75.4 113.7 66.3
1910 79.2 113.1 70.0
1911 82.0 112.1 73.1
1912 86.7 112.1 77.3
1913 81.1 112.0 72.4
19U 88.6 111.7 79.3
1915 85.8 111.6 76.9
1916 82.0 111.9 73.3
1917 85.8 109.8 78.1
1918 85.8 105.7 81.2
1919 83.9 103.4 81.1
1920 91.4 105.8 86.4
1921 78.2 106.3 73.6
1922 84.8 106.5 79.6
1923 86.7 , 106.0 81.8
1924 88.6 105.8 83.7
1925 94.3 106.6 88.5
1926 98.0 107^ 91.2
1927 92.4 104.7 88.3
1928 97.1 105.9 91.7
1929 96.2 105.1 91.5
1930 93.3 104.0 89.7
1931 102.8 103.9 98.9
1932 96.2 103.1 93.3
1933 91.4 102.6 89.1
1934 77.3 101.0 । 76.5
1935 90.5 103.6 87.4
1936 83.9 102.9 81.5
1937 106.6 101.4 105.1
1938 98.2 100.5 97.7
1939 100.0 100.0 100.0
1940 101.8 98.6 103.2
1941 103.6 96.5 107.4
1942 115.1 96.8 118.9
1943 111.7 95.6 116.8
1944 115.9 93.5 124.0
1945
1946
1947
Source: United States Department of Labor, Bureau of Labor Statistics
148
AGRICULTURAL ACTIVITY
Farm Real fist ate Value
This series is compiled by the United States Department of Agriculture, Bureau of Agricultural Economics, and published in ’’Current Developments in the Farm Real Estate Market”.
The index of farm real estate value is calculated from the estimates of per acre value of land and buildings as reported by crop corres- % pendents* Before 1912 such estimates were made only as of March 1, but beginning in 1912 estimates have also been made as of July 1 and November 1 each year.
Farm Foreclosures
This series is compiled by the United States Department of Agriculture, Bureau of Agricultural Economics.
Fam foreclosures include also assignment of farms (resulting from inability to meet mortgage payments) and bankruptcy sales. They do not include delinquent tax sales. The total number of foreclosures is estimated by applying the rate per thousand per year (derived from sample surveys) to the total number of farms.
U?
FARM REAL ESTATE VALUE AND FARM FORECLOSURES
Index of Farm __Farm Foreclosures^/
Year Real Estate Valué V Estimated Index
(1912-24 = 100) Number (1925-29 = 100)
1912 97 15,000 15
1913 100 16,000 17
191b 103 19,000 20
1915 103 20,000 21
1916 108 22,000 23
1917 117 22,000 22
1918 129 18,000 39
1919 140 19,000 19
1920 ’ 170 24,000 24
1921 157 39,000 39
1922 139 68,000 70
3923 135 85,000 87
1924 130 96,000 100
1925 127 100,000 io4
1926 124 104,000 109
1927 119 99,000 105
1928 117 83,000 88
1929 116 87,000 94
1930 115 103,000 112
1931 306 ' 160,000 170
1932 89 223,000 232
3933 73 164,000 167
3934 76 126,000 125
3935 79 124,000 121
3936 82 108,000 108
1937 85 84,000 85
1938 85 78,000 81
3939 84 71,000 75
3940 84 58,000 63
1941 85 34,000 37
3942 91 24,000 26
3943 99 17,000 IB
1944 114 10,000 11
3945 126
1946 - 142
1947 21111
ÿ Average value per acre as of March 1«
^ »Distressed Sales” of farms; includes mortgage foreclosures and assignments to creditors#
SOURCE: United States Department of Agriculture, Bureau of Agricultural
Economics
150
(Space Reserved for Additional Series)
BUSINESS ACTIVITY
New Construction Activity
Value of Construction: - These series are compiled by the United States Department of Commerce, Bureau of Foreign and Domestic Commerce, and are published monthly in the Survey of Current Business» They measure new construction activity in terms of the current dollar value of work done. Series in the Handbook cover the total value of new construction and the value of privai^anT"public construction broken down by major type of function. Private construction covers nonfarm residential and nonresidential construction, farm construction which includes both residential and nonresidential construction, and public utility construction. Public construction covers residential and nonresidential construction, highway construction and all other public construction which includes military and naval^sewage disposal and water supply building^ and other miscellaneous building for Federal and Non-Federal public service enterprises.
Number of dwelling units: - These series are compiled by the United States Department of Labor, Bureau of Labor Statistics, and are published monthly in the publication Construction. These series represent the number of dwelling units £rEarlxiT"l^^ areas and are shewn in the Handbook by type of location, urban and rural nonfarm, and by source of funds, private and public.
152
ALL NEW PRIVATE AND PUBLIC CONSTRUCTION IN CONTINENTAL UNITED STATES
BY FUNCTION
NOTE: See p. 151 (Millions of Dollars)
All Private Public
Year New Nonfarm
and Construe- Total Resi- Nonresi- - Farm Public Total Resi- Nonresi- High- All
Month tion dential dential Utility dential dential ways Other
1915 $ 2,928 #2,213 $ 950 ♦ 513 #205 #5115 $ 715 --- * $ 217 $298 $ 200
1916 3,11113 2,7110 1,066 771 255 6I18 703 * OB 207 308 168
1917 li,131i 2,861 902 860 315 781i 1,273 •• •■ 192 313 768
1918 11,711 2,1180 69I 771 323 695 2,231 # 28 199 288 1,716
1919 5,727 3,761i 1,536 1,1117 11111 667 1,963 24 246 415 1,288
1920 6,109 11,775 1,5115 2,O8h 381 765 1,331: 283 6I1O 4U
1921 5,531i 3,981i 1,661 1,5115 183 595 1,550 387 840 323
1922 7,010 5,353 2,7311 1,640 218 761 1,657 M «■ 481 851 325
1923 8,572 6,9711 3,640 1,899 270 1,165 1,598 481 783 334
1924 9,523 7,661 11,195 1,900 257 1,309 1,862 - --- 494 951 417
1925 10,518 8,lil0 h,505 2,377 259 1,269 2,108 573 1,056 479
1926 11,118 9,005 11,1196 2,883 251 1,375 2,113 --- --- 603 1,039 471
1927 11,067 8,699 11,175 2,830 283 1,1:11 2,368 596 1,190 582
1928 10,7119 8,287 3,869 2,802 275 1,341 2,li62 •• •• 638 1,270 554
1929 9,907 7,1196 2,797 2,81i8 279 1,572 2,1:11 --- --- 642 1,248 521
1930 8,liOU 5,627 1,790 2,123 193 1,521 2,777 647 1,461 649
1931 6,205 3,628 1,1160 1,116 97 955 2,577 591 1,323 663
1932 3,11111 1,6117 638 505 39 1165 1,791* * * 408 916 470
1933 2,350 1,1311 1113 1107 69 21i5 1,216 191 675 350
1934 2,928 1,11112 591 1156 93 302 1,486 1 207 821 458
1935 3,337 1,888 913 1*75 176 3211 l,iili9 9 260 622 558
1936 h,88O 2,703 1,368 715 189 1131 2,177 61 546 876 694
1937 5,585 3,5113 1,655 1,093 225 570 2,01:2 93 1167 850 632
1938 5,2711 3,182 1,767 767 196 1152 2,092 35 571 837 649
1939 6,017 3,606 2,Illi 789 226 1177 2,lill 76 762 869 704
19110 6,918 11,179 2,355 1,029 236 559 2,739 205 497 896 1,141
w 10,5113 5,197 2,750 1,1:88 303 656 5,31:6 1*79 1,667 836 2,364
19112 13,h98 2,842 1,268 636 271 667 10,656 600 3,742 664 5,650
19113 7,787 1,569 616 217 259 1177 6,218 685 2,111 454 2,968
19111: 11,0119 1,598 1199 352 190 557 2,1151 190 879 360 1,022
Jan. 3112 Illi 50 20 6 38 228 ' 30 75 23 100
Feb. 3211 123 I16 22 5 110 211 24 73 22 92
March 313 121 lili 23 11 113 192 21 73 20 78
April 331 130 li5 211 16 115 ' 201 20 71 26 84
May 3118 139 1*5 27 20 117 209 19 68 30 92
June 35h Hili 116 29 20 119 210 17 67 37 89
July 373 159 1*5 32 33 119 2111 15 62 40 97
Aug. 377 1511 112 32 29 51 223 13 75 40 95
Sept. 361 1117 39 33 22 53 214 10 79 38 87
Oct. 335 133 35 31i 13 51 202 8 79 37 78
Nov. 312 127 32 36 10 1:9 185 7 79 28 71
Dec. 279 117 30 110 5 112 162 6 78 19 59
153
ALL NEW PRIVATE AND PUBLIC CONSTRUCTION IN CONTINENTAL UNITED STATES BY FUNCTION
NOTE: See p. 151 (Millions of Dollars)
All Private Public
Year New Nonfarm
and Construc- Total Resi- Nonresi- Farm Public Total Re si- Nonresi- High- All
Month tion dential dential Utility dential dent ial ways Other
1945 #4,732 $ 2,659 $780 $1,100 $200 $579 $2,073 $ 71 $845 $302 $855
Jan« 277 113 25 47 6 35 164 7 81 15 61
Feb. 289 118 23. 54 5 36 • 171 7 85 14 65
March 324 141 26 63 11 41 183 7 92 15 69
April 360 164 34 71 16 43 196 8 97 18 73
May 398 187 45 76 21 45 211 9 97 24 81
June 412 203 58 77 21 47 209 9 89 29 82
July 428 232 68 78 34 52 196 7 77 29 83
Aug. 440 245 73 87 30 55 195 7 69 34 85
Sept. 420 265 82 104 23 56 155 3 45 36 71
Oct. 447 28? 95 122 15 57 158 3 45 36 74
Nov. 468 334 ,H7 148 12 57 134 2 36 31 65
Dec. 469 368 134 173 6 55 101 2 32 21 46
1946
Jan. 489 400 149 189 8 54 89 2 25 18 44
Feb. 519 441 170 212 8 78 21 19-
March 609 510 200 23ii 62 ____29 24 - 26 ---44
April 711 2^0" 261 20 66 8
May 683 290 _LL _ 131 10 24
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1947
Jan.
Feb.
March
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
i
SOURCE: United States Department of Commerce, Bureau of Foreign and Domestic Commerce
I51i
ESTIMATED NUMBER OF NEW DWELLING UNITS STARTED IN NONFARM AREAS,
BY SOURCE OF FUNDS
NOTE: See p. 151
Year ÄH Units Privately Financed Publicly Finalced
and Total Urban Rural Total Urban Rural Total n . Rural
Month Nonfarm Nonfarm Nonfarm Nonfarm Nonfarm 3X1 Nonfarm
1910 475,000
1911 480,000
1912 490,000 - - - - .
1913 455,000
1914 445,000
1915 475,ooo
1916 480,000 - - -- -- - - __ __ - .
1917 230,000 - -
19 Iß 120,000 • - -
1919 330,000 - - - * - - - - - - -- - -
1920 247,000 196,000 51,000 247,000 - - ,
1921 449,000 359,000 90,000 449,000
1922 716,000 574,000 142,000 716,000
1923 871,000 698,000 173,000 871,000 - - - -
1924 893,000 716,000 177,000 893,000
1925 937,000 752,000 185,000 937,000
1926 849,000 681,000 168,000 849,000 - - - -
1927 810,000 643,000 167,000 810,000
1928 753,000 594,000 159,000 753,000 - - - - - - - -
1929 509,000 400,000 109,000 509,000
1930 330,000 236,000 94,000 330,000 - - » -- - - - -
1931 254,000 174,000 80,000 254,000
1932 134,000 64,000 70,000 134,000 - - - - - - - - -
1933 ' 93,000 45,000 48,000 93,000
1934 126,000 49,000 77,000 126,000 --
1935 221,000 117,000 104,000 215,705 112,591 103,114 5,295 4,409 886
1936 319,000 211,000 108,000 304,225 197,648 106,577 14,775 13,352 1,423
1937 336,000 218,000 118,000 332,4o6 214,406 118,000 3,594 3,594 0
1938 406,000 262,000 144,000 399,294 255,294 144,000 6,706 6,706 0
1939 515,000 359,000 156,000 458,458 303,547 154,911 56,542 55,453 1,089
1940 602,600 396,612 205,988 529,571 333,166 196,405 73,029 63,1:46 9,583
1941 715,200 439,582 275,618 619,460 369,465 249,995 95,740 70,117 25,623
1942 496,600 280,838 215,762 301,193 184,892 116,301 195,407 95,946 99,461
1943 350,000 209,250 140,750 183,728 119,714 64,014 166,272 89,536 76,736
1914 169,300 114,799 54,501 138,711 93,173 45,538 30,589 21,626 8,963
Jan» 17,300 11,016 6,284 12,195 8,222 3,973 5,105 ' 2,794 2,311
Feb. 13,500 9,050 4,450 11,678 7,860 3,818 1,822 1,190 632
March 18,100 12,359 5,741 13,435 9,020 4,415 4,665 3,339 1,326
April 14,300 9,586 4,714 12,830 8,528 4,302 1,470 1,058 412
May- 16,500 10,923 5,577 14,673 9,743 4,930 1,827 1,180 647
June 17,500 11,558 5,942 15,043 9,973 5,070 2,457 1,585 872
July- 14,500 9,830 4,670 ‘ 12,392 8,114 4,278 2,108 1,716 392
Aug. 12,800 8,768 4,032 11,067 7,273 3,794 1,733 1,495 238
Sept. 11,300 7,758 3,542 9,438 6,228 3,210 1,862 1,530 332
Oct. 11,100 7,469 3,631 9,721 6,884 2,837 1,379 585 791
Nov. 11,600 8,460 3,140 9,087 6,362 2,725 2,513 2,098 ‘415
Dec. 10,800 8,022 2,778 7,152 4,966 2,186 3,618 3,056 592
155
ESTIMATED NUMBER OF NEW DWELLING UNITS STARTED IN NONFARM AREAS, BY SOURCE OF FUNDS
NOTE: See p. 151
Year AÜ ’unite Privately Financed Lely Financed
and Total Urban Rural Total Urban Rural Total Urban Rural
Month Nonfarm Nonfarm Nonfarm Nonfarm Nonfarm Nonfarm
1945 245,100 160,706 84,394 228,757 150,712 78,045 16,343 9,994 6,349
Jan« 7,700 5,046 2,654 7,302 5,046 2,256 398 0 398
Feb« 8,500 6,168 2,332 7,660 5,328 2,332 840 840 0
March 13,200 8,039 5,161 11,615 7,967 3,648 1,585 72 1,513
April 19,300 12,577 6,723 13,456 9,502 3,954 5,844 3,075 2,769
May 18,700 12,530 6,170 16,535 11,222 5,313 2,165 1,308 857
June 22,300 13,586 8,714 20,412 11,988 8,424 1,888 1,598 290
July 23,300 15,913 7,387 19,948 12,956 6,992 3,352 2,957 395
Aug. 20,400 13,059 7,341 20,154 12,915 7,239 246 144 102 ,
Sept« 21,800 14,619 7,181 21,800 14,619 , 7,181 0 0 0
Oct« 29,800 19,496 10,304 29,775 19,496 10,279 25 0 25
Nov« 31,400 20,417 10,983 31,400 20,417 10,983 0 0 0
Dec« 28,700 19,256 9,444 28,700 19,256 9,444 0 0 0
1946
Jan, 43i3OO 30,097 13,203 39,121 25,918 13,203 4,179 4,179 0
Feb. 47,900 32,936 14,964 43,347 28,503 14,844 4,553 4,433 120
March 79,900 52,625 27^275 . 76,900 . 49,967 . 26^ 3,000 2Ä . 342
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1947
Jan.
Feb.
March
April
May
June
July
Aug.
Sept.
Oct.
Nov, *
Dec.
SOURCE: United States Department of Labor, Bureau of Labor Statistics
156
BUSINESS ACTIVITY
New Orders, Shipments* and Inventories
These series are compiled by the Bureau of Foreign and Domestic Commerce* United States Department of Commerce* and presented monthly in ^he Survey of Current Business«
Manufacturers¹ New Orders: - The new orders series represent total new ârHêrîT'Iêss^^ received by both manufacturers who do and do
not fill orders promptly upon receipt. Series for selected industry groupings are shown in the Handbook.
Manufacturers¹ Shipments: - The series represents the current dollar value oï gross shipments of finished and semi-finished products and materials in various stages of fabrication. Since shipments by one manufacturer of materials used as raw materials by another are included* the series does not show the net flow of goods from the manufacturing industry as a whole. Composite series for all manufactured goods* durable goods and nondurable goods and for individual industries are shown in the Handbook.
Business Inventories: - These series represent estimates of the total current book value of inventories at the end of the month. Separate series have been developed and are shown in the Handbook for (1) total business inventories* (2) manufacturers¹ inventories classified by stages of fabrication as well as into durable and nondurable goods groupe, individual industries* (3) wholesalers'¹ inventories, and (U) retailers¹
inventories.
157
BUSINESS ACTIVITY
New Orders, Shipments,and Inventories (Continued)
The selected industries for which manufacturers* new orders are shown are as follows:
All Industries Combined
Durable Goods Industries, Combined
Iron and Steel and Their Products
Electrical Machinery
Machinery, Except Electrical Other Durable Goods
Nondurable Goods Industries, Combined
The selected industries for which manufacturers’ shipments and inventories are shown are as follows:
All Industries Combined
Durable Goods Industries Combined
Automobiles and Equipment
Iron and Steel and Their Products
Nonferrous Metal and Products
Electrical Machinery
Other Machinery
Transportation Equipment, Except Automobiles
Other Durable Goods
Nondurable Goods Industries Combined
Chemicals and Products
Food and Products
Paper and Products
Rubber Products
Textile-mill Products
Products of Petroleum and Coal
Other Nondurable Goods
158
INDEXES OF THE VALUE OF NEW ORDERS RECEIVED BI MANUFACTURERS 1/
NOTE: See p. 156 (Average Month 1939*100)
Year Total Non- Durable Iron & Electri- Machinery Other
Durable Goods Steel & cal Ma- (except Dura-
Goods their chinery Electri- ble
Products cal) Goods
1939 100 100 100 100 100 100 100
Aug. 92 95 89 8U 90 86 95
MO 116 106 131 127 188 186 123
w 168 1U2 213 227 2U1 2U5 175
Jan. 1U7 122 187 209 199 197 156
Dec. 176 147 223 219 281 309 167
M2 207 169 268 2U7 380 382 202
May 209 160 289 200 U35 51U 226
Sept. 201 175 2UU 211 39U 311 20U
Oct. 203 180 2U1 196 352 358 198
M3 201 181 23U 228 350 253 198
May 193 IBU 208 220 280 158 200
MU 208 196 229 207 3U9 281 192
Jan. 207 181 288 173 U73 383 196
Feb. 191 188 195 185 392 1U5 177
March 191 185 202 168 303 ' 230 195
April 197 186 215 196 319 279 173
May 222 196 265 30U 383 2U7 202
June 215 209 227 203 331 276 197
July 195 188 213 183 368 23U 193
Aug. 205 188 231 2U5 237 280 ' 191
Sept. 206 191 230 201 3U8 279 201
Oct. 208 20U 21U 200 395 231 169
Nov. 223 218 232 212 375 268 196
Dec. 238 216 276 216 266 528 211
M5 198 195 202 215 170
Jan. 227 202 267 270 371 296 221
Feb. 260 220 326 320 U90 369 266
March 252 192 351 U32 U59 3U5 2U0
April 223 197 1 267 283 U03 277 207
May 186 192 177 191 207 1U7 170
June 195 202 182 177 363 153 151»
July 186 190 179 176 270 170 162
Aug. 133 181 53 83 1^0 63
Sept. 166 M 121 119 130
Oct. 180 193 160 176 178 147 1UU
Nov. 183 191 171 181 239 161 186
Dec. 182 188 172 17U 268 188 137
159
INDEXES OF THE VALUE OF NEW ORDERS RECEIVED BI MANUFACTURERS V (Average Month 1939=130)
NOTE» See p. 156
Iron à Machinery Other
Year Total Non- Durable Steel & Electri- (except Dura-
durable Goods their cal Ma- Electri- ble
Goods Products chinery cal) Goods
w
Jan. 190 196 160 165 292 191 156
Feb. 186 189 182 162 151
March 192 185 203 208 151»
April
May
June 4
July
Aug.
Sept.
Oct.
Nov.
Dec.
w
Jan.
Feb.
March •
April
May
June
July
Aug.
Sept.
Oct. 1
Nov.
Dec.
V New order indexes shown above are based on reports of corporations and therefore cover all orders received, both Government and regular line orders# This index is constructed on a daily average basis excluding Sundays and principal holidays# New Year’s Day, January 19^5, and Memorial Day, May 19 b5 are considered working days. August 15, 1915 is considered a holiday#
2/ Value of orders cancelled exceeded new orders received.
SOURCE: United States Department of Commerce, Bureau of Foreign and
Domestic Commerce
160
MANUFACTURERS’ SHIPMENTS — ALL INDUSTRIES*!/
(Amount in Millions of Dollars --- Index Adjusted fo r Seasonal Variation)
Index (1939 .100)
Year Amount 1 Year Total Dur- Nondur-
and Total Durable Nondurable and Ship- able able
Month Shipments Goods Goods Month ments Goods Goods
1939-Total $55,787 122,830 $32,957 1939
Average 4,649 1,902 2,746 Average 100 100 100
Aug. 4,426 1,695 2,731 Aug. 100 102 99
1940-Total 64,158 28,832 35,326 1940
Average 5,346 2,403 2,944 Average 115 126 107
1941-Total 91,266 45,136 46,130 1941
Average 7,606 3,761 3,844 Average 164 198 140
Jan. 6,047 2,959 3,088 Jan. 137 162 119
Deo • 8,672 4,424 . 4,248 Dec. 186 230 155
1942-Total 117,733 62,946 54,787 1942
Average 9,811 5,246 4,566 Average 211 276 166
May 9,455 5,023 4,432 May 206 262 168
Sept. ,10,489 5,683 4,806 Sept. 222 296 170
Oct. 10,646 5,766 4,880 Oct. 225 302 171
1943-Total 143,437 83,213 60,224 1943
Average 11,953 6,934 5,019 Average 257 365 183
May 11,674 6,870 4,804 May 253 360 179
1944-Total 150,587 86,098 64,489 1944
Average 12,549 7,175 5,374 Average 270 378 196
Jan. 11,938 , 6,934 5,004 Jan. 266 376 190
Feb. 12,613 7,300 5,313 Feb. 268 385 188
Mar • 12,469 7,182 5,287 Mar • 268 379 192
Apr • 12,751 7,412 5,339 Apr. 274 387 195
May 12,274 7,059 5,215 May 267 371 194
June 12,673 7,283 5,390 June 272 379 198
July 12,234 7,104 5,130 July 271 376 198
Aug. 12,281 6,970 5,311 Aug. 267 370 196
Sept. 12,516 7,073 5,443 Sept. 267 370 196
Oct. 12,945 7,229 5,716 Oct. 275 381 201
Nov. 12,691 7,125 5,566 Nov. 273 378 200
Dec • 13,202 7,427 5,775 Dec • 277 384 ' 204
* See notes on p. 156
161
NOTE: MANUFACTURERS * SHIPMENTS --- ALL INDUSTRIES 1/
See p. 156 (Amount in Millions of -ßollarsj^^_ Index Adjusted _f or Seasonal Variation)________________;
Year Amount Year Index (1939 • 100)
and Total Durable Nondurable and Total Durable Nondurable
Month Shipments Goods Goods Month Shipments Goods Goods
1945-Total $ 136,383 #69,196 ♦ 67,187 1945
Average 11,365 5,766 5,599 Average 245 304 204
Jan. 12,116 6,735 5,381 Jan. 271 366 206
Feb. 13,346 7,499 5,847 Feb. 284 395 207
Mar. 13,056 7,276 5,780 Mar. 281 384 210
Apr. 13,301 7,408 5,893 A nr. 285 387 214
May 12,525 6,873 5,652 May 272 361 210
June 12,463 6,775 5,688 June 267 352 209
July 11,479 6,096 5,383 July 253 318 208
Aug. 10,311 4,984 5,327 Aug. 224 265 196
Sept. 9,746 4,102 5,644 Sept. 208 214 203
Oct. 9,489 3,863 5,626 Oct. 200 204 198
Nov. 9 393 3,801 5,592 Nov. 200 201 200
Dec. 9,158 3,784 5,374 Dec. 192 195 189
1946-Total 1946
Average Average
Jan. 8,517 3,162 5,355 Jan. 192 173 205
Feb. 8,470 2,887 5,583 Feb. 179 152 197
Mar. 9,103 3.426 _J^tl Mar. 196 181 _2O6_
Apr. Apr.
May May
June June
July July
Aug. --- --- Aug. --- ---- ---
Sept. Sept.
Oct. Oct.
• Nov. Nov.
Dec. Dec.
1947-Total 1947
Average Average
Jan. Jan.
Feb. --- --- --- Feb. --- --------- ------
Mar. Mar.
Apr. Apr.
May --- --- May ------ ■ ---
June June
July --- --- --- July ..... ---
Aug. Aug.
Sept. Sept.
Oct. --- --- --- Oct. --- --- ------
Nov. Nov.
Dec. Dec.
]/ Adjusted for working days
897283 O—46------11
Source: United States Department of Commerce, Bureau of Foreign and Domestic Commerce
162
MANUFACTURERS » SHIPMENTS --- DURABIE GOODS ■ INDUSTRIES^
NOTE: See p. 156 (Millions of Dollars)
Auto- Non- Elec- Transpor-
All mobiles Iron and ferrous trical Other tat ion Other
Year Du- and Steel and Metals Ma- Ma- Equipment Du-
and rabie Equip- Their and chin- chin- (Except rable
Month Goods ment Products - Products i ery ery Auto-) Goods
1939-Total$22,830 #3,964 $6,469 $2,549 $1,712 $3,196 $865 $4,075
Average 1,902 330 539 212 143 266 72 340
Aug. 1,695 148 526 205 132 254 71 359
1940-Total 2 8,83 2 5,133 8,059 3,076 2,205 4,108 1,531 4,720
Average 2,403 428 672 256 184 342 128 393
1941-Total 45,136 6,766 12,791 4,479 3,500 6,588 4,177 6,835
Average 3,761 564 1,066 373 292 549 348 570
Jan. 2,959 568 . 855 306 218 394 184 434
Dec. 4,424 571 1,188 394 361 715. 614 581
1942-Total 62,946 6,706 14,893 5,359 4,683 10,339 13,137 7,779
Average 5,246 559 1,241 447 390 866 1,095 ' 648
May 5,023 428 1,245 439 368 860 1,003 680
Sept. 5,683 629 1,264 465 397 931 1,308 689
Oct. 5,766 670 1,254 476 438 935 1,304 689
1943-Total 83,213 10,482 15,912 6,470 7,195 12,846 21,858 8,450
Average 6,934 874 1,326 539 600 1,070 1,822 704
May 6,870 854 1,326 549 . 558 1,071 1,801 711
1944-Total 86,098 11,774 15,946 6,925 8,492 12,901 21,461 8,597
Average 7,175 981 1,329 577 708 1,075 1,738 716
Jan. 6,934 988 1,262 552 614 1,016 1,830 672
Feb. 7,300 993 1,333 578 690 1,082 1,924 700
Mar. 7,182 973 1,317 583 694 1,067 1,844 704
Apr. 7,412 1,021 1,337 578 734 1,130 1,904 708
May 7,059 957 1,269 581 646 1,094 1,819 693
June 7,283 1,035 1,337 576 703 1,135 1,754 743
July 7,104 954 1,319 544 727 1,069 1,777 724
Aug. 6,970 962 1,310 558 690 1,044 1,663 743
Sept. 7,073 931 1,363 566 745 1,035 1,708 724
Oct. 7,229 964 1,359 592 737 1,086 1,738 753
Nov. 7,125 995 1,341 598 703 1,037- 1,737 713
Dec. 7,427 1,001 1,399 619 809 1,106 1,763 730
163
MANUFACTURERS’ SHIPMENTS - DURABLE GOODS INDUSTRIES 1/
NOTE: See p. 156 (iciliions of Dollars)
Auto- Non- Elec- Transpor-
A12 mobiles Tron and ferrous trical Other tation Other
Year Du- and Steel and Metile Ma- Ma- Equipment Du-
and rabie Youip- Their and chin- chin- (Except rabie
Month Goods ment Products Products ery ery Auto) Goods
1945-TotaL 569,196 $8,733 $15,151 $6,08$ $7,179 $10,978 $12,605 $8,461
Average 5,766 728 1,263 507 598 915 1,050 705
Jan» 6,735 918 1,306 584 621 1,025 1,577 705
Feb. 7,499 1,061 1,470 643 761 1,141 1,666 757
Mar. 7,276 1,036 1,553 625 721 1,090 1,473 778
Apr. 7,408 1,032 1,542 658 732 1,170 1,492 782
May 6,873 946 1,464 610 709 1,081 1,281 781
June 6,775 890 1,434 588 722 1,122 1,249 788
July 6,096 816 1,284 492 664 966 . 1,148 726
Aug. 4,984 600 1,065 404 567 784 888 675
Sept. 4,102 391 1,048 332 436 675 ' 573 647
Oct. 3,863 335 982 355 412 681 426 671
Nov. 3,801 394 991 406 408 616 381 605
Dec. 3,784 314 1,032 388 426 627 451 546
1946-Total 3.162 . 219 762 316 . #9 1112 _ 597
Average 2,887 .......6148 "
Jan. ¿14 “697
Feb.
Mar •
Apr.
• May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1947-Total
Average
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec. ♦
1/ Adjusted for working days
SGurceV United States Department of Commerce, Bureau of Foreign and Domestic Commerce
MANUFACTURERS¹ SHIPMENTS — NONDURABLE GOODS INDUSTRIES 1/
NOTE: See p. 156 (Millions of Dollars)
All Chemi-
Non- cals Paper Products Other
Year Durable and Food and Rubber Textile- Of Petro- Non-
and Indus - Pro- and Pro- Pro- mill leum and durable
Month tries ducts Products ducts ducts Products Coal Goods
1939-Total#32,957 $3,686 $10,401 $1,983 $880 $3,870 $2,893 $9,244
Average 2,746 307 867 165 73 322 241 770
Aug* 2,731 297 863 156 70 313 233 799
1940-Total 35,326 4,152 10,950 2,259 954 4,095 3,049 9,867
Average 2,944 346 912 188 80 341 254 822
1941-Total 46,130 5,664 13,934 2,992 1,366 6,153 3,893 12,128
Average 3,344 472 1,161 249 -114 513 324 1,011
jan# 3,088 404 928 205 89 420 269 773
Dec. 4,248 491 1,287 290 111 567 359 1,143
1942-Total 54,787 6,314 18,226 3,059 1,539 7,603 4,105 13,941
Average 4,566 526 1,519 255 128 634 342 1,162
May 4,432 510 1,448 263 122 611 348 1,130
Sept. 4,806 555 1,662 232 147 642 340 1,228
Oct. 4,880 538 1,652 249 149 655 341 1,296
1943-Total 60,224 7,249 19,871 3,255 2,444 7,796 4,620 14,989
Average 5,019 604 1,656 271 204 650 385 1,249
May 4,804 587 1,529 272 208 648 380 1,180
1944-Total 64,459 7,625 21,908 3,447 2,645 7,302 5,382 16,182
Average 5,374 635 1,826 287 220 608 448 1,348
Jan. 5,004 611 1,794 268 200 587 409 1,135
Feb. 5,313 630 1,856 288 ’ 218 645 423 1,253
Mar. 5,287 631 1,773 290 212 651 428 1,302
Apr. 5,339 625 1,800 284 215 631 443 1,341
May 5,215 626 1,733 287 214 597 432 1,326
June 5,390 640 1,730 296 231 646 462 1,385
July 5,130 615 1,764 273 215 522 468 1,273
Aug. 5,311 634 1,786 294 210 594' 447 1,346
Sept. 5,443 636 1,870 283 217 594 451 1,393
Oct. 5,716 670 1,969 297 250 611 462 1,457
Nov. . 5,566 649 • 1,885 295 214 610 456 1,458
Dec. 5,775 658 1,948 292 249 614 501 1,513
V Adjusted for working days
165
MANUFACTURERS' SHIPMENTS — NONDURABLE GOODS INDUSTRIES 1/
NOTE: See p. 156 (Millions of Dollars)
All Chemi-
Non- cals Paper Products Other
Year Durable and Food and Rubber Textile- ■ Of Petro« - Non-
and Indus- Pro- and Pro- Pro- mill leum and durable
Month tries ducts Products ducts ducts Products Coal Goods
1945~Total$67,187 *7,774 *23,000 *3,536 *2,575 * 6,875 * 5,371 $18,057
Average 5,599 648 1,917 295 215 573 448 1,505
Jan. 5,381 641 1,836 282 227 568 444 1,383
Feb. 5,847 699 1,942 302 256 641 468 1,540
Mar. 5,780 701 1,857 304 256 612 471 1,578
Apr. 5,893 735 1,902 309 260 633 488 1,566
May 5,652 6.65 1,800 301 243 606 472 1,565
June 5,688 666 1,883 305 243 639 473 1,479
July 5,383 656 1,913 ' 274 200 499 479 1,362
Aug. 5,327 618 1,847 286 186 532 442 1,416
Sent. 5,644 610 2,088 302 146 539 441 1,519
Oct. 5,626 588 2,046 . 294 190 538 368 1,602
Nov. 5,592 616 1,996 302 155 532 397 1,594
Dec. 5,374 579 1,890 275 213 536 428 1,453
1946-Total
Average
Jan*. 5,355 623 1,887 301 167 578 387 U15
Feb. 5,503 ' 655 1,535 ’ 177 372
Mar. '1,887 323 ¿¿2 h01 ---1.581’
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dee.
1947-Total
Average
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec. ------------~--- --- --- ------
Source: United States Department of Commerce, Bureau of Foreign and
Domestic Commerce
166
INDEX OF MANUFACTURERS* SHIPMENTS — DURABLE GOODS INDUSTRIES
NOTE:
See p» 156 (Adjusted for Seasonal Variation --- 1939 s 100)
Auto- Non- Elec- Transpor-
All mobiles Iron and ferrous trical Other tation
Year In- and Steel and Metals Ma- Ma- Equipment
and dus- Equip- Their and chin- chin- (Except
Month tries ment Products Products ery ery Auto.)
1939 100 100 100 100 100 100 100
Aug. 102 100 98 99 98 99 99
1940 126 129 125 121 128 129 177
1941 198 171 198 176 204 206 483
Jan. 162 154 167 156 164 161 256
Dec. 230 143 215 186 229 259 853
1942 276 169 230 210 272 325 1,520
May 262 130 231 203 257 317 1,393
Sept. 296 191 229 219 278 350 1,817
Oct. 302 203 230 225 306 352 1,811
1943 365 265 246 . 254 419 403 2,530
May 360 259 246 254 390 395 2,501
1944 378 297 246 272 495 404 2,484
Jan. 376 299 246 260 462 415 2,542
Feb» 385 301 247 273 483 407 2,672
Mar. 379 295 244 275 494 401 2,561
Apr. 387 309 248 273 503 413 2,644
May 371 290 235 274 452 403 2,526
June 379 314 246 272 482 407 2,436
July 376 289 249 257 508 410 2,468
Aug. 370 292 243 263 508 408 2,310
Sept. 370 282 247 267 521 389 2,372
Oct. 381 292 249 279 515 408 2,414
Nov. 378 302 252 282 492 390 2,413
Dec. 384 303 254 292 515 400 2,449
1945 304 221 . 233 239 420 344 1,459
Jan. 366 278 254 275 468 418 2,190
Feb. 395 322 273 303 532 429 2,314
Mar. 384 314 288 295 514 410 2,046
Apr. 387 313 286 310 502 427. 2,072
May 361 287 272 288 496 398 1,779
June 352 270 259 277 495 402 1,735
July 318 247 225 232 464 370 1,594
Aug. 265 182 198 191 418 307 1,233
Sept. 214 118 , 189 157 305 254 796
Oct. 204 102 180 167 288 256 592
Nov. 201 119 186 192 285 232 529
Dec. 195 95 186 183 271 227 626
167
INDEX OF MANUFACTURERS • SHIPMENTS — DURABLE GOODS INDUSTRIES
NOTE»
See p* 156 (Adjusted for Seasonal Variation --- 1939 s 100)
Auto- Non- Elec* Transpor-
All mobiles Iron and ferrous trical Other tation
Year In- and Steel and Metals Ma- Ma- Equipment
and dus- ■ Equip- Their and chin- chin- (Except
Month tries ment Products Products ery ery Auto.}
1946
Jan. 173 66 11)6 172 172 237 ' 572 “
Feb. 152 93 16h.
Mar. 181 177 163
Apr.
May
June
July
Aug.
Sent.
Oct.
Nov.
Dec.
1947
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Source: United States Department of Commerce, Bureau of Foreign and
Domestic Commerce
168
INDEX OF MANUFACTURERS’ SHIPMENTS — NONDURABLE GOODS INDUSTRIES
NOTE: See p# 156 (Adjusted for Seasonal Variation-------- 1939 r 100)
All Chem- Food Paper Products
Year In- icals and and Textile- Of
and dus- and Pro- Pro- Rubber mill Petroleum
Month tries Products ducts ducts Products Products and Coal
1939 100 100 100 100 100 100 100
Aug. 99 101 101 95 101 97 97
1940 107 112 105 114 110 105 105
1941 140 154 134 I5I I56 159 135
Jan. 119 134 113 124 131 134 112
Deo. 155 169 154 176 151 176 149
1942 166 171 175 154 177 196 142
May 168 169 175 159 166 193 144
Sept. 170 178 187 141 212 198 141
Oct. 171 172 183 151 189 201 141
1943 183 197 191 164 279 201 160
May 179 194 185 165 284 205 158
1944 196 207 211 174 302 188 186
Jan. 190 203 208 162 288 192 170
Feb. 188 198 201 175 283 188 176
Mar. 192 201 205 176 289 189 178
Apr• 195 204 215 172 294 189 184
May 194 207 210 174 292 189 179
June 198 209 208 179 308 193 192
July 198 209 213 165 305 185 194
Aug. 196 208 207 178 312 188 185
Sept• 196 204 210 172 313 185 187
Oct. 201 215 217 180 321 188 192
Nov. 200 211 214 179 301 188 189
Dec • 204 215 218 177 318 186 208
1945 204 211 221 179 294 178 186
Jan. 206 213 213 171 327 185 184
Feb. 207 220 211 183 332 187 194
Mar. 210 223 215 184 350 177 195
Apr. 214 239 226 187 355 190 202
May 210 221 218 182 331 193 196
June 209 218 226 185 324 191 196
July 208 224 232 166 283 177 199
Aug • 196 202 214 173 276 168 183
Sept • 203 196 235 183 211 169 183
Oct. 198 189 226 178 244 166 153
Nov. 200 201 227 183 217 164 165
Dec• 189 190 211 167 273 163 178
169
INDEX OF MANUFACTURERS* SHIPMENTS — NONDURABLE GOODS INDUSTRIES
NOTE: See p. 156 (Adjusted for Seasonal Variation -- 1939 g 100)
All Chem- Food Paper ( Products
Year In- icals and and Textile- Of
and dus- and Pro- Pro- Rubber mill Petroleum
Month tries Products ducts ducts Products Products and Coal
1946
Jan« 205 207 219 182 24I 188 lèi
Feb« 197 206 210 185 229 175 154
Mar« 206 217 219 196 180 166
Apr«
May
June
July
Aug.
Sept«
Oct«
Nov.
Dec • X
1947
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept«
Oct.
Nov.
Deo • -
Source: United States Department of Commerce, Bureau of Foreign and
Domestic Commerce
170
NOTE: BUSINESS INVENTORIES
See p. 156 (End of Month Values in Millions of Dollars)_____
Manufacturers
Year Total By St age of Fabrication
and Business Re- Whole- Raw Goods in Finished
Month Inventories tailers salers Total Materials Process Goods
1939 $18,699 $5,271 $3,437 $9,941 $3,955 $ 1,675 $4,311
Aug. 18,243 4,972 3,447 9,824 3,723 1,728 4,373
1940 20,339 5,474 3,694 11,171 4,530 2,095 4,546
1941 23,614 5,998 4,236 13,380 5,697 3,192 4,491
Jan. 21,465 5,441 3,915 12,109 4,972 2,561 4,576
Dec. 26,825 6,381 4,697 15,747 7,085 3,951 4,711
1942 28,832 7,359 4,509 16,964 7,767 4,335 4,862
Way 29,483 7,870 4,674 16,939 7,748 4,264 4,927
Sept. 29,344 7,660 4,245 17,439 7,987 4,531 4,921
Oct. 28,993 7,417 4,029 17,547 8,219 4,543 4,785
1943 27,921 v 6,391 3,967 17,563 8,137 4,990 4,436
May 27,677 6,215 4,002 17,460 8,148 4,930 4,382
•
1944 27,726 6,353 4,049 17,324 7,738 4,914 4,672
Jan. 27,816 5,959 4,052 17,805 8,225 5,062 4,518
Feb. 27,988 6,233 4,089 17,666 8,170 4,965 4,531
Mar. 28,039 6,381 4,096 17,562 8,027 4,961 4,574
Apr. 27,878 6,343 4,121 17,414 7,879 4,912 4,623
May 27,775 6,361 4,146 17,268 7,776 - 4,848 4,644
June 27,631 6,314 4,088 17,229 7,577 4,967 4,685
July 27,424 6,166 4,043 17,215 7,581 4,868 4,766
Aug. 27,774 6,521 3,987 17,266 7,495 4,955 4,816
Sept. 27,736 6,602 3,995 17,139 7,368 4,974 4,797
Oct. 27,878 6,779 3,999 17,100 7,447 4,883 4,770
Nov. 27,625 6,665 3,987 16,973 7,444 4,719 4,810
Dec. 26,608 5,869 4,002 16,737 7,443 4,621 4,673
1945 26,783 6,453 3,946 16,384 7,510 4,269 4,605
Jan. 26,495 5,928 3,978 16,589 7,385 4,507 4,697
Feb. 26,561 6,166 3,927 16,468 7,366 4,524 4,588
Mar. 26,686 6,385 3,923 16,378 7,366 4,495 4,517
Apr. 26,793 6,554 3,946 16,293 7,477 4,373 4,443
May 26,749 6,654 3,883 16,212 7,324 4,394 4,494
June 26,558 6,547 3,844 16,167 7,353 4,393 4,421
July 26,414 6,363 3,744 16,307 7,626 4,179 4,502
Aug. 26,713 6,653 3,759 16,301 7,660 4,017 4,624
Sept. 26,984 6,722 3,898 16,364 7,507 4,204 4,653
Oct. 27,358 6,788 4,113 16,457 7,592 4,161 4,704
Nov. 27,576 6,826 4,196 16,554 7,774 3,898 4,832
Dec. 26,395 5,825 4,275 16,295 7,948 3,554 4,793
171
BUSINESS INVENTORIES
NOTE:
See p. 1$6 (End of Month Values in Millions of Dollars «
- Manufacturers^____________
Year Total By Stare of Fabrication_
and Business Re- Whole- Raw Goods in Finished
Month Inventories tailers salers Total Materials Process Goods
1946
Jan» #26,631 #5,974 #4,258 #16,399 # 7,998 1 3,59k $ k,8O7
Feb. 27,01*2 6,229 4,254 16,559 8,028 3,61*0 k,891
Mar. 27,a? -61500. 1,375 16,67k. .8,009 , 3.80k k,861
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1947
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept. <
Oct.
Nov.
Dec.
Source: United States Department of Commerce, Bureau of Foreign and
Domestic Commerce
172
NOTE: MANUFACTURERS ’ INVENTORIES IN DURABLE GOODS INDUSTRIES
See p» 156 (End of Month Values in Millions of Dollars)
Auto- Non- Elec- Transpor-
Total mobiles Iron and ferrous trical Other tation Other
Year Du- and Steel and Metals Ma- Ma- Equipment Du-
and rabie Equip- Their and chin- ■ chin- (Except rabie
Month Goods ment Products Products ery ery Auto.) Goods
1939 $4,637 $ 331 $1,394 $ 456 $377 $932 $166 $981
Aug. 4,546 288 1,396 471 369 900 176 946
1940 5,374 403 1,602 471 464 1,066 306 1,062
1941 6,922 538 1,752 558 716 1,389 750 1,219
Jan. 6,146 478 1,762 489 558 1,210 509 1,140
Dec. 8,140 639 1,801 651 882 1,678 1,103 1,386
1942 8,938 721 1,833 691 1,063 1,879 1,351 1,400
May 8,819 721 1,814 695 1,017 1,892 1,258 1,422
Sept. 9,319 799 1,870 714 1,157 1,931 1,481 1,367
Oct. 9,467 805 1,892 696 1,208 1,961 1,537' 1,368
1943 9,852 787 1,879 695 1,332 2,067 1,778 1,314
May 9,900 813 1,841 676 1,335 2,115 1,811 1,309
1944 9,4U 776 1,784 695 1,254 2,069 1,596 1,240
Jan. 9,830 788 1,891 712 1,279 2,050 1,829 1,281
Feb. 9,673 796 1,827 706 1,280 2,076 1,729 1,259
Mar. 9,607 810 1,768 710 1,274 2,118 1,684 1,243
Apr. 9,503 799 1,731 706 1,245 2,137 1,649 1,236
May 9,462 795 1,753 701 1,286 2,115 1,569 1,243
June 9,441 774 1,767 705 1,277 2,096 1,587 1,235
July 9,362 760 1,799 697 1,264 2,099 1,524 1,229
Aug. 9,318 754 1,786 698 1,262 2,036 1,546 1,236
Sept. , 9,218 760 1,778 678 1,235 2,041 1,508 1,218
Oct. 9,139 760 1,761 666 1,200 2,046 1,489 1,217
Nov. 9^025 728 1,734 669 1,208 2,015 1,453 1,218
Dec. 8,916 769 1,684 676 1,182 1,994 1,392 1,219
1945 8,626 685 1,663 658 1,152 1,993 1,292 1,183
Jan. 2,794 755 1,644 662 1,194 2,030 1,320 1,189
Feb. 8,750 761 1,618 666 1,165 2,037 1,308 1,195
Mar • 8,760 764 1,585 684 1,196 2,060 1,278 1,193
Apr. 8,789 764 1,591 685 1,196 2,061 1,285 1,207
May 8,772 738 1,638 664 1,186 2,052 1,297 1,197
June 8,751 719 1,656 663 1,206 1,992 1,322 1,193
July 8,686 711 1,689 664 1,183 1,953 1,316 1,170
Aug. 8,574 567 1,707 666 1,147 1,959 1,366 / 1,162
Sept. ■ 8,564 573 1,719 664 1,127 1,950 1,362 1,169
Oct. 8,424 589 1,715 622 1,094 1,921 1,317 1,166
Nov. 8,228 580 1,728 612 1,064 1,946 1,142 1,156
Dec. 7,915 620 1,651 622 954 1,924 988 1,118
173 '
MANUFACTURERS¹ INVENTORIES IN DURABLE GOODS INDUSTRIES
NOTEt
See p» 1$6 (Ehd of Month Values in Millions of Dollars)
Auto- Non- Elec- Transpor-
Total mobiles Iron and ferrous trical Other tation Other
Year Du- and Steel and Metals Ma- Ma- Equipment Du-
and rable Equip- Their and chin- chin- (Except rable
Month Goods ment Products Products ery ery Auto J Goods
1946
Jan. $7,968 ^650 81,630 $617 «991 «•,9W $ 962 $1,170
Feb. 8,O6h 1,657
Mar. 8,272 1.712 673
Apr.
May *
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1947
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug •
Sept.
Oct.
Nov.
Dec.
Sources United States Department of Commerce, Bureau of Foreign and
Domestic Commerce
17U
NOTE: MANUFACTURERS » INVENTORIES IN NONDURABLE GOODS INDUSTRIES
See p« 156 (End of Month Values in Millions of Dollars)
Total Chem- Paper
Non- icals Food and Petro- Rub- Textile- Other
Year du- and and Allied leum ber mill Nondu-
and rable Allied Kindred Pro- Re- Pro- Pro- rable
Month Goods Products Products ducts fining ducts ducts Goods
1939 $5,304 $ 695 $1,276 $284 $628 $ 172 $828 $1,421
Aug. 5,278 683 1,310 279 605 167 801 1^33
1940 5,797 778 1,280 323 634 205 935 1,642
1941 6,458 855 1,632 350 663 236 1,074 1,648
Jan» 5,963 815 1,416 341 638 223 981 1,549
Dec» 7,607 999 2,068 384 711 247 1,220 1,978
1942 8,026 1,092 2,036 414 702 281 1,299 2,202
May 8,120 1,112 2,041 415 710 277 1,342 2,223
Sept. . 8,120 1,119 2,017 440 689 298 1,294 2,263
Oct. 8,080 1,087 2,057 426 687 297 1,285 2,241
1943 7,711 1,063 2,055 386 655 305 1,243 2,104
May 7,560 1,036 1.908 390 652 323 1,174 2,077
1944 7,910 1,117 2,274 392 683 309 991 2,244
Jan. 7,975 1,100 2,286 374 661 309 1,070 2,175
Feb. 7,993 1,114 2,258 380 666 318 1,043 2,224
Mar» 7,955 1,122 2,218 387 675 323 1,023 2,207
Apr. 7,911 1,138 2,180 395 681 328 999 2,190
May 7,806 1,137 2,121 395 704 323 982 2,244
June. 7,788 1,146 2,178 398 679 323 962 2,112
July •7,853 1,141 2,268 408 681 300 963 2,092
Aug. 7,948 1,129 2,370 412 685 297 953 2,102
Sept. 7,921 1,107 2,386 406 690 300 932 2,100
Oct. 7,961 1,090 2,403 398 697 300 958 2,115
Nov. 7,948 1,076 2,357 388 697 303 980 2,247
Dec. 7,821 1,092 2,216 382 690 292 990 2,159
1945 7,758 1,084 2,004 397 688 301 1,001 2,283
Jan. 7,795 1,057 2,099 375 679 293 1,026 2,266
Feb. 7,718 1,055 1,971 378 682 304 1,023 2,305
Mar. 7,618 1,051 1,894 382 683 , 302 1,021 2,285
Apr. 7,504 1,046 1,841 382 679 301 997 2,258
May 7,440 1,062 1,828 380 675 307 991 2,197
June 7,416 1,067 1,833 387 674 307 965 2,183
July 7,621 1,085 1,973 398 684 315 978 2,188
Aug. 7,727 1,104 1,992 410 696 324 959 2,252
Sept. 7,800 1,111 2,016 412 686 305 956 2,324
Oct. 8,033 1,121 2,099 422 702 288 1,003 2,398
Nov. 8,326 1,127 2,261 429 724 287 1,057 2,451
Dec. 8,380 1,147 2,261 441 702 291 1,078 2,441
175
NOTE: MANUFACTURERS » INVENTORIES IN NONDURABLE GOOÚS INDUSTRIES
See p* 156 (End of Month Values in Millions of Dollars)________________
Total Chem- Paper
Non- icals Food and Petro- Rub- Textile- Other
Year du- and and Allied leum her mill Nondu-
and rabie Allied Kindred Pro- Re- Pro- Pro- rabie
Month Goods Products Products ducts fining ducts ducts Goods
1946
Jan. 3 8^31 11,145 $2,166 $700 $299
Feb. 706 -M. 1,%>) 2¿
Mar. 8,1(02 1,161 w _ 708 1.2011
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1947
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Source: United States Department of Commerce, Bureau of Foreign and
Domestic Commerce
176
INDEXES OF BUSINESS INVENTORIES
NOTE? (Adjusted for Seasonal Variation - 1939 = IDO)
See d. 156
Year Total t Manufactures
and Business Retailers Whole- Durable Nondurable
Month Inventories salers Total Goods Goods
1939 100.0 100.0 100.0 100.0 100.0 100.0
Aug. 200.1* 201.8 99.3 100.0 98.9 100.9
Mo 208.7 203.8 105.8 112.1* U5.9 109.3
29U 126.2 113.7 121.3 131*.6 11*9.3 121.8
Jan. 115.8 208.3 111.5 121.3 131.9 112.0
Dec. 145.8 126.6 137.5 158.9 175.7 11*11.3
191*2 151*. 1 139.6 129.0 170.6 192.7 151.3
May 156.3 ll*l*.l* 135.2 170.1 188.9 153.6
Sept. 255.5 137.6 121.9 176.7 203.1 153.6
Oct. 153.1 133.0 113.1* 177.7 206.0 153.0
291*3 21*9.3 121.3 113.8 176.7 212.5 11*5.1»
May 21*8.1 118.0 116.0 175.1» 212.1» 11*3.0
291*1* 11*8.3 120.5 116.3 171*.3 203.0 11*9.1
^an. 150.8 121.8 115.5 178.6 211.1* 11*9.9
Feb. 11*9.1* 119.1 116.1 177.2 207.5 150.7
Mar. 150.1 122.6 115.9 176.6 205.9 151.1
Apr. 11*9.3 121.3 117.7 175.2 203.6 150.3
May 11*8.7 120.8 120.1* 173.1* 202.8 11*7.7
June 21*8.2 120.7 120.1* 172.5 202.9 11*5.9
July 21*6.9 119.1 116.9 172.2 202.0 11*6.1
Aug. 21*7.1 118.7 115.5 173.3 201.9 11*8.3
Sept. 21*7.2 118.6 1U*.9 173.7 200.9 11*9.9
Oct. 21*7.2 121.5 112.1* 173.0 198.9 150.1»
Nov. 21*6.3 120.5 113.0 171.7 196.0 150.1»
Dec. 21*5.1 120.8 116.6 168.1 192.2 11*6.9
291*5 11*3.3 122.1» 113.1* 164.8 186.0 11*6.2
Jan. 21*3.6 • 121.2 113.3 166.1 189.0 11*6.2
Feb. 21*1.9 117.8 111.6 165.2 187.7 11*5.6
Mar. 21*2.9 122.7 111.1 161».7 187.6 H*l*.7
Apr. 21*3.1* 125.3 112.8 163.8 188.2 142.5
May 21*3.2 126.3 112.8 162.7 187.9 11*0.7
June 21*2.5 125.2 113.3 161.9 188.0 139.0
July 21*1.7 122.9 108.7 163.1 187.1» • 11*1.9
Aug. 141.5 121.1 109.1» 163.7 185.9 H*l*.3
Sept. 21*3.2 120.8 112.1» 165.9 186.9 11*7.6
Oct. 144.5 121.7 115.8 166.7 183.5 152.0
Nov. 21*6.0 123.1* 119.0 167.5 178.8 157.6
Dec. 21*1*.5 119.8 121*.9 161*.!» 170.8 158.9
177
INDEXES CF BUSINESS INVENTORIES
NOTE: (Adjusted 1 ?or Seasonal Variation - 1939 8 100)
See p. 156
Year Total Manufactures
and Business Retailers Whole- Durable Nondurable
Month Inventories salers Total Goods Goods
191*6
Jan. M.5 122,1 121.6 I6J1.I1 171.3 158.lt
Feb. ilOt.it 119*0 121*0 Al 172.8 160.2
Mar. 11*7.5 167.7 177.0 159.6
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
191*7
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec*
SOURCE: United States Department of Commerce, Bureau of Foreign and Domestic Commerce
697283 0—46-----12
178
BUSINESS ACTIVITY
Sales of Retail Stores, Chain Stores and Mail-Order Houses
These series are compiled by the Bureau of Foreign and Domestic Commerce, United States Department of Commerce, and published monthly in the Survey of Current Business» Special articles describing the series in detail appeared recently in the November 1943 and February 1944 issues of the Survey»
Retail stores, as defined by the Census of Business, are those in which over half of the sales are at retail. Four or more retail stores operating in the same general line of business and centrally controlled are classified as chain. Other retail stores as defined are independents or mail-order houses. The Handbook includes a composite series of sales of all retail stores and a separate series of sales of chain stores and mail-order houses combined, as well as breakdowns by type of store»
Sales of retail stores represent total operating receipts of stores after deductions of refunds or allowances for merchandise returned by customers. They Include receipts for services such as film development, automobile greasing and repairs of electric appliances when these services are obtained at retail stores. Also included are excise taxes, gasoline and other taxes which are paid by the manufacturer or wholesaler and passed along to the retailer. Excluded from sales are state and local sales taxes paid to the stores by the customer.
The value series are in terms of current dollars, not adjusted seasonally, and represent the aggregate dollar sales of all retail stores in each category shown. The seasonally adjusted indexes are based on average daily sales.
179
BUSINESS ACTIVITY
Sales of Retail Stores, Chain Stores and Mailorder Houses (Continued)
The types of Stores for
which sales data are shown are as follows:
All Stores
All Durable Goods Stores, Combined
Automotive
Building Materials
Hane Furnishings
Jewelry
All Nondurable Goods Stores, Combined
Apparel
Drug
Eating and Drinking
Food
Filling Stations
General Merchandise
Other Retail Stores
180
SAIES OF ALL RETAIL STORES
NOTE: See p. 178 (Millions of Dollars)
All Durable Goods Stores
Year and Retail *
Month Stores Total Automotive Building Home Jewelry
Materials Furnishings
1929 Total $48,459 $14,180 #7,043 $3,846 $2,755 $536
Average 4,038 1,182 587 321 230 45
1930 Total 41,989 10,269 4,578 3,110 2,200 381
Average 3,499 856 382 259 183 32
1931 Total 34,752 7,372 3,447 2,006 1,618 301
Average 2,896 614 287 167 135 25
1932 Total 25,013 4,034 1,562 1,389 895 188
Average 2,084 336 130 116 75 16
1933 Total 24,517 4,844 2,367 1,343 959 175
Average 2,043 404 197 112 80 15
193b Total 28,743 5,959 3,U4 1,550 1,092 203
Average 2,395 497 260 129 91 17
1935 Total 32,791 1,626 4,237 1,864 1,290 235
Average ' 2,733 635 353 155 107 20
1936 Total 38,338 9,863 5,559 2,392 1,615 297
Average 3,195 822 463 199 135 25
1937 Total 42,150 11,071 6,067 2,811 1,846 347
Average 3,512 923 506 234 154 29
1938 Total 38,053 8,591 4,366 2,436 1,490 299
Average 3,171 716 364 203 124 25
1939 Total 42,042 20,379 5,549 2,735 1,733 362
Average 3,503 865 462 228 144 30
Aug. 3,422 853 430 250 148 25
1940 Total 46,388 12,418 6,862 3,108 2,022 426
Average 3,866 1,035 572 259 168 36
1941 Total 55,490 15,604 8,544 3,862 2,611 587
Average 4,624 1,300 712 322 218 49
Jan. 3,687 1,018 622 223 143 30
Dec. 5,783 1,300 560 327 274 138
1942 Total 57,552 9,846 2,840 3,799 2,454 753
Average 4,796 821 237 317 205 63
May 4,755 882 247 366 219 50
Sept. 4,943 794 212 328 196 58
Oct. 5,404 845 208 349 220 68
19h3 Total 63,680 9,339 2,751 3,366 2,258 964
Average 5,307 778 229 281 188 80
May 5,208 816 249 288 207 72
1944 Total 69,484 9,967 2,912 3,620 2,453 982
Average 5,790 831 243 302 204 82
Jan. 4,901 670 223 235 154 58
Feb. • 4,785 662 213 226 162 61
March 5,598 794 238 277 190 89
April 5,481 774 230 299 193 52
May 5,827 889 262 333 224 70
June 5,696 882 264 340 207 70
July 5,534 844 262 339 184 59
Aug. 5,788 841 260 , 313 202 66
Sept. 6,034 832 238 313 208 72
Oct. 6,179 903 254 342 228 80
Nov. 6,236 881 238 315 230 98
Dec. 7,426 995 230 287 272 206
181
SAIES OF ALL RETAIL STORES
NOTE: See p. 178 (Millions of Dollars)
All Durable Goods Stores
Tear and Retail
Month Stores Total Automotive Building Home Jewelry
Materials Furnishings
1945 Total $74,625 $11,012 $3,313 $3,995 $2,643 $1,061
Average 6,219 918 276 333 220 89
Jan. 5,439 TUI 239 265 176 60
Feb. 5,113 688 219 238 172 58
March 6,322 848 259 325 206 68
April 5,461 822 242 324 197 60
May 5,922 888 258 339 214 78
June 6,079 921 278 352 211 80
July 5,755 885 273 342 199 ' 71
Aug. 6,086 906 286 348 198 73
Sept. 6,202 909 284 348 205 72
Oct. 6,936 1,079 321 415 256 87
Nov. 7,039 1,099 336 373 281 109
Dec. 8,271 1,227 318 336 327 246
1946 Total
Average
Jan. 6,440 1,010 ■' ' 341 551 242 76
Feb. 6,200 960 299 336 250 76
March 7,192 1,118 331 409 296 82
April
May
June
July
Aug. •
Sept.
Oct.
Nov.
Dec.
1947 Total
Average
Jan.
Feb.
March
April
May
June 1
July
Aug.
Sept.
Oct.
Nov.
Dec.
SOURCE: United States Department of Commerce, Bureau of Foreign and Domestic Commerce
182
SALES OF AIL RETAIL STORES
NOTEt See p. 178 (Millions of Dollars)
Nondurable Goods Stores
Year and Eating Other
Month Total Apparel Drug and Food Filling General Retail
Drinking Stations Merchandise Stores
192? Total ♦34,279 ♦ 4,241 ♦1,690 1 2,125 ♦10,967 ♦1,787 ♦9,015 ♦4,454
Average 2,857 353 141 177 914 149 751 371
1930 Total 31,720 3,922 1,554 2,061 10,384 2,265 7,838 3,696
Average 2,643 327 129 172 865 189 653 308
1931 Total 27,380 3,500 1,438 1,934 9,058 1,827 6,636 2,987
Average 2,282 292 120 161 755 152 553 249
1932 Total 20,979 2,336 1,182 1,636 7,293 1,665 4,920 1,947
Average 1,748 195 98 136 608 139 410 162
1933 Total' 19,673 1,930 1,066 1,430 6,776 1,532 4,982 1,957
Average 1,639 161 89 U9 565 128 415 163
1934 Total 22,784 2,376 1,156 1,932 7,580 1,750 5,464 2,526
Average 1,899 198 96 161 632 146 455 210
1935 Total 25,165 2,656 1,233 2,391 8,362 1,968 5,730 2,825
Average ' 2,097 221 103 199 697 164 478 235
1936 Total 28,475 3,102 1,409 2,742 9,013 2,318 6,366 3,525
Average 2,373 259 117 229 751 193 531 294
1937 Total • 31,079 3,323 1,527 3,284 9,708 2,641 6,673 3,923
Average 2,590 277 127 274 809 220 556 327
1938 Total 29,462 2,998 1,474 3,181 9,512 2,696 6,145 3,456
Average 2,455 25o 123 265 793 225 512 288
1939 Total 31,663 3,259 1,563 3,520 10,165 2,822 6,475 3,859
Average 2,639 272 130 293 847 235 540 322
Aug. 2,570 220 130 321 868 265 472 293
194.0 Total 33,970 3,441 1,637 3,874 10,906 2,954 6,847 4,311
Average 2,831 3,87 136 323 909 246 571 359
1941 Total 39,886 4,157 1,821 4,796 12,576 3,454 7,931 5,151
Average 3,324 346 152 400 1,048 288 661 429
Jan. 2,670 248 135 319 903 223 459 382
Dec. 4,483 570 207 454 1,221 297 1,141 592
1942 Total 47,706 5,193 2,185 6,173 15,755 3,021 9,015 6,364
Average 3,976 433 182 514 1,313 252 751 530
May 3,873, 384 173 511 1,316 278 676 533
Sept. 4,149 465 184 563 1,367 258 778 534
Oct. 4,559 537 197 596 1,486 250 906 586
1943 Total 54,341 6,323 2,588 8,034 17,450 2,453 9,977 7,516
Average 4,528 527 216 670 1,454 204 831 626
May 4,392 482 214 674 1,430 217 769 606
1944 Total 59,517 6,869 2,811 9,351 IB,989 2,603 10,854 8,o4o
Average 4,960 572 234 779 1,582 217 905 670
Jan. 4,231 424 212 711 1,429 191 669 595
Feb. 4,123 406 202 670* 1,368 187 690 599
March 4,8o4 574 225 743 1,493 207 859 704
April 4,707 567 217 749 1,494 201 834 645
May 4,938 560 233 774 1,579 231 884 677
June 4,814 508 230 769 1,612 235 819 640
July 4,690 429 231 782 1,664 232 735 617
Aug. 4,946 499 232 832 1,664 227 .833 659
Sept. 5,202 618 236 825 1,697 224 940 663
Oct. 5,276 647 241 848 1,618 225 1,011 686
Nov. 5,355 688 235 808 1,581 220 1,116 706
Dec. 6,431 950 317 840 1,790 223 1,464 847
183
SAIES OF ALL RETAIL STORES
NOTE: See p« 178 (Millions of Dollars)
”nondurable Goods-Stores-
Year and Eating Other
Month Total Apparel Drug and Food Filling General Retail
Drinking, Stations Merchandise Stores
1945 Total $63,613 $ 7,632 $2,960 $10,138 $19,751 $2,978 $11,621 $8,533
Average 5,300 636 2U7 81x5 l,6Ux 21x8 9 68 712
Jan. lx,699 509 224 790 1,531 207 773 664
Feb. 4,426 482 212 720 1,449 190 764 608
March 5,474 757 239 «25 1,647 234 1,041 731
April 4,639 507 220 782 1,452 222 813 61x3
May 5,034 567 237 847 1,567 245 886 686
June 5,158 604 239 851 1,629 254 905 677
July 4,870 48 1 239 851 1,592 253 792 662
Aug. 5,180 548 21x2 905 1,675 264 846 700
Sept. 5,292 650 238 875 1,677 266 920 667
Oct. 5,856 779 250 917 1,763 288 1,106 752
Nov. 5,940 774 251 881 1,790 277 1,197 770
Dec. 7,044 973 368 894 1,979 279 1,578 973
1946 Total
Average
Jan. "^W ‘557 ~"'W ' 871 '1>819 ” 290 871’ 764
Feb. s 5,248 558 250 793 1,720 256 898 774
March 6,075 736 268 899 1,922 297 1,122 _ 831
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1947 Total
Average
Jan.
Feb.
March
April
May
June
July
Aug.
Sept.
Oct,
Nov.
Dec.
SOURCE: United States Department of Commerce, Bureau of Foreign and Domestic Commerce
INDEXES OF SAIBS OF ALL RETAIL STORES
Daily Average Sales Adjusted for Seasonal Variation
NOTEs See p. 176 _________(1935-39 = 100)_______________________________
Year All Durable Goods Stores All Retail Stores:
and Retail Auto- Build- Heme Index Adjusted for
Month Stores motive Mate- Furnish- Price Changes
Total rials ings Jewelry
1929 125.3 11)9.2 136.6 157.1 172.7 171).O 105.1
1930 108.6 108.0 88.8 127.1 137.9 123.7 9^.6
1931 89.9 77.6 66.9 82.0 101.1s 97.7 89.1
1932 611.7 l)2.1s 30.3 56.7 56.1 61.0 72.8
1933 63.1s 51.0 1)5.9 511.9 ' 60.1 56.8 73.6
1931s 71s.3 62.7 6O.h 63.3 68.5 63.9 78.1
1935 8U.8 80.2 82.2 76.2 80.8 76.3 86.8
1936 99.1 103.8 107.8 97.7 101.3 96.6 100.3
1937 109.0 116.5 117.7 11U.8 115.7 112.8 105.1)
1938 98.1s 90.1s 811.7 99.5 93.1) 97.0 97.6
1939 108.7 109.2 107.6 111.7 108.7 117.1) 110.0
^ Aug. 108.8 U1.5 110.2 115.0 109.1) 111). 9 111.1
19ls0 120.0 130.6 133.1 127.0* 126.8 138.1) 119.1)
191sl 11)3.5 161s.l 165.7 157.8 163.7 190.5 132.3
Jan. 132.2 158.9 173.6 1111.1 139.9 153.3 129.1)
Dec. 151.6 160.3 153.11 172.5 159.0 185.5 130.6
191s2 U8.8 103.6 55.1 155.2 153.8 2U).5 120.9
May 11)3.0 103.9 52.9 167.0 151.1 212.1 117.5
Sept. 150.2 98.0 H8.6 11)5.6 151.0 , 273.0 120.6
Oct. 151).l) 97.8 118.7 11)3.6 153.6 267.8 122.5
191)3 161).7 98.2 53.1) 137.5 1U.6 312.9 123.9
May 156.5 96.2 53.5 131.1 11)1.5 298.0 116.1)
W 179.7 101).8 56.5 11)7.9 153.8 318.8 132.1
Jan. 175.6 103.6 55.8 150.6 11)6.7 306.0 131.2
Feb. 173.9 103.2 56.1 11)8.3 11)3.0 327.8 130.5
March 177.9 106.6 55.6 11)3.6 11)6.2 1)60.7 133.3
April 169.6 99.7 55.1 H)l).l) 11)3.8 261).O 126.1
May 171).5 102.5 58.5 1113.1 11)7.1 285.7 128.9
June 171).l) 1011.2 57.9 11)9.1 152.0 275.1 128.6
July 179.1) 108.9 58.li 162.9 152.5 299.6 131.3
Aug. 180.7 102.9 57.1 11)5.1 D)7.0 3011.9 131.7
Sept. 179.1 1011.2 55.5 11)2.0 159.3 332.9 130.5
Oct. 185.0 108.3 58.7 U)7.1> 161). 7 331s. 2 131s.9
Nov. 192.0 308.0 56.0 11)9.5 168.3 335.8 139.8
Dec. 187.7 105.6 51.6 151.0 169.6 317.3 136.2
185
INDEXES OF SALES OF ALL RETAIL STORES
Daily Average Sales Adjusted for Seasonal Variation
NOTE: See p. 17 8 (19 35-39 = 100)
Durable Goods Stores All Re-bail Stores:
Tear All Build- Index Adjusted for
and Retail Total Auto- ing Home Jewelry Price Changes
Month Stores motive Mate- Furnish-
rials inss
191*5 193*0 115.8 64.3 163.2 165.7 344.6 138.1
Jan. 193.0 111.5 59.1 164.0 162.2 307.7 139.9
Feb« 193.2 111.5 59.9 163.0 158.8 321.8 11*0.3
March 193.8 112.7 60.7 163.1 158.6 31*3.5 140.8
April 175.3 106.4 58.0 156.4 146.6 310.5 127.3
May 177.6 102.6 57.6 11*5.5 11*1.1* 315.1» 127.7
June 182.8 108.6 60.9 153.9 155.3 301*. 6 130.2
July 191.1* m*.9 60.8 164.4 164.8 367.8 135.8
Aug. 189.5 110.6 62.7 161.0 11*1*.5 336.8 131*.6
Sept. 189.2 116.9 67.0 162.7 163.3 346.6 135.0
Oct. 202.lt 125.5 73.5 172.1 178.3 352.8 144.5
Nov. 215.8 135.1 79.0 ' 177.1* 205.3 373.1 153.1*
Dec. 230.5 130.5 71.1 176.1* 203.9 378.3 11*9.2
191*6
Jan. 228.1* 151.2 8U.5 216.6 220.6 388.6 161.9
Feb. 231*.7 155.7 81.8 230.1 229.4 1*19.0 266.5
March 231.8 153.1 78.7 221.0 236.2 1*28.7 163.6
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
291*7
Jan.
Feb.
March
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
SOURCE: United States Department of Commerce, Bureau of Foreign and Domestic
Commerce
186
INDEXES OF SAIES OF ALL RETAIL STORES
Daily Average Sales Adjusted for Seasonal Variation
NOTE: See p. 178 (1935-39 » 100)
Nondurable Goods Stores
Year Eat- Fill- Gener-
and ing à ing al Other
Month Total Apparel Drug Drink- Food Sta- Merchan- Retail
ing tions dise Stores
1929 117.5 138.3 117.3 70.3 117.3 71.8 11*3.6 126.6
1930 108.7 127.9 107.8 68.2 111.0 91.0 121*.9 105.1
1931 93*9 m*.i 99.8 64.0 96.9 73.1* 105.7 81*.9
1932 71.9 76.2 82.0 51*. 1 78.0 66.9 78.1* 55.3
1933 67.1* 62.9 71*.O 1*7.3 72.5 61.5 79.1* 55.6
193h 78.1 77.5 80.2 63.9 81.1 70.3 87.0 71.8
1935 86.3 86.6 85.5 79.1 89.1* 79.1 91.3 80.3
1936 97.6 101.1 97.8 90.7 96.4 93.1 101.1* ■100.2
1937 106.5 108.3 105.9 108.6 103.8 106.1 106.3 111.5
1938 101.0 97.7 102.3 105.2 101.7 108.3 97.9 98.2
1939 108.6 106.2 108.1* 116.1* 108.7 113.1* 103.1 109.7
Aug. 307.9 106.3 106.1* Hl*.9 108.6 112.7 102.7 108.1
191*0 116.5 112.2 113.6 128.1 116.6 118.7 109.1 122.6
191*1 136.7 135.5 126.1* 158.6 131*.5 138.8 126.3 146.4
Jan. 123.5 123.3 118.6 11*0.1 123.8 125.6 113.3 127.1*
Dec. 148.8 11*5.8 137.3 176.3 150.0 148.8 131.7 159.8
191*2 163.6 169.3 151.6 201*. 2 168.5 121.1* 11*3.6 180.9
May 155.8 11*8.0 11*3.5 195.7 162.0 121*. 6 133.7 178.2
Sept. 167.2 171.0 151*.0 211.5 171*. 1 118.5 11*6.7 181*.O
Oct. 172.9 170.0 163.2 227.3 180.3 115.0 151.6 191.6
191*3 186.3 206.1 179.6 265.7 166.6 98.5 158.9 213.7
May 176.2 181.1 177.3 257.7 177.8 97.9 11*9.3 200.8
191*1* 201*.0 223.9 195.1 309.3 203.0 iol*.6 172.9 228.6
Jan. 199.1 219.9 B6.h 312.8 193.6 106.8 165.9 227.3
Feb, 197.0 220.6 181.2 305.5 190.6 110.0 165.7 223.7
March 201.2 226.6 192.5 301.1* 191*.7 106.3 172.1 233.1
April 192.1* 201*.7 188.0 301.5 190.8 98.6 161.5 215.6
May' 197.9 211.8 192.8 296.2 199.9 103.3 168.4 217.3
June 197.3 201.0 195.3 299.1 203.2 101*.8 163.5 217.5
July 202.1* 221.2 189.8 296.2 203.6 101.2 173.1* 230.3
Aug. 206.0 239.1 189.3 296.5 207.5 98.1 176.6 231.3
Sept. 203.5 217.2 195.1* 309.6 205.7 100.7 172.6 226.0
Oct. 210.0 222.2 203.5 323.0 210.1 105.1* 178.6 235.0
Nov, 219.1* 21*8.5 206.1 337.2 212.0 IO8.5 189.2 250.1
Dec. 211*.!* 21*1.1* 210.7 326.1* 2111.2 112.3 176.8 235.8
INDEXES OF SAIES OF ALL RETAIL STORES
Daily Average Sales Adjusted for Seasonal Variation
NOTE: See p. 178 _______ (1935-39 ■ 100)
Nondurable Goods Stores
Year Eat- Fill- Gener-
and ing & ing al Other
Month Total Apparel Drug Drink- Food Sta- Merchan- Retail
ing tions dise Stores
191*5 218.1 21*8.8 205.1* 335.3 211.2 119.6 185.1 21*2.6
Jan* 219.6 256.5 197.0 31*7.8 211.7 U2*.9 185.1* 21*2.1*
Feb. 219.8 270.2 197.0 31*0.1 208.6 115.8 191.5 235.8
March 220.2 258.8 203.1 331*.7 206.9 118.7' 198.6 21*0.1*
April 197.8 211.7 < 192.7 314.8 193.8 109.9 165.6 217.8
May 202.1 215.2 196.3 323.9 198.5 109.7 169.8 221.0
June 207.0 231.6 200.7 330.7 196.9 111.5 178.4 227.6
July 216.3 259.7 197.8 322.6 202.6 111.5 190.9 250.1»
Aug. 215.2 260.$ 197.0 322.3 207.2 113.6 180.1 246.5
Sept. 212.8 236.7 198.3 328.6 208.9 123.2 176.7 236.3
Oct. 227.5 259.2 209.5 31*9.5 221*.O 132.0 188.7 21*8.2
Nov. 242.1 277.4 220.0 367.6 238.5 135.6 200.7 271.3
Dec. 236.6 21*7.6 21»1*.9 31*7.5 238.8 12*0.5 191.7 270.9
191*6
Jan. 253.6 279.9 226.1 383.6 251.4 161.5 208.7 280.9
Feb. 260.1* 313.2 231.5 371*.l* 21*7.5 155.9 221*.6 300.5
March 257.1* 306.7 229.5 36l*.8 21*5.6 153.5 232.0 283.8
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
191*7 > •
Jan.
Feb.
March
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
SOURCE: United States Department of Comnerce, Bureau of Foreign and Domestic
Commerce
288
RETAIL SALES OF CHAIN STORES AND MAI BORDER HOUSES
NOTE: See p. 178 (Millions of Dollars)
in---
Chain à Durable Goods Stores
Year and Mail- Home
Month Order Total Auto- Building Furnish- Jewelry
Sales motive Materials ings
1929 Total $10,1*12 $1,689 $ 71*6 $ 515 $ 392 $ 36
Average 868 11*1 62 1*3 33 3
1933 Total 6,618 530 191 182 146 11
Average 552 1*1* 16 15 12 1
1935 Total 8,01*0 828 355 289 162 22
Average 670 69 30 21* 13 2
1936 Total 8,960 1,005 398 370 208 29
Average 71*7 81* 33 31 17 2
1937 Total 9,1*26 1,091 1*07 1*07 21*3 31*
Average 785 91 31* 31* 20 3
1938 Total 8,872 951* 336 385 203 30
Average 739 79 28 32 17 3
1939 Total 9,570 1,01*9 372 1*00 239 38
Average 798' 87 31 33 20 3
Aug. 756 93 31* 36 20 3
19h0 Total 10,382 1,156 1*01* 1*1*6 260 46
Average 865 96 31* 37 22 1*
19^1 Total 12,1*31* 1,1*29 488 561* 312 65
Average 1,036 119 1*7 26 5
Jan« 790 81* 29 31* 17 3
Dec« 1,1*52 133 1*2 1(2 31* 15
19^2 Total U*,051* 1,220 296 576 263 85
Average 1,171 102 25 ■ 1,8 22 7
May 1,157 108 23 59 20 6
Sept. 1,191 106 25 53 21 7
Oct. 1,31*3 111* 26 55 25 8
191*3 Total 11*,1*31 1,221* 313 558 21(0 U3
Average 1,203 102 26 1*7 20 9
May 1,182 106 28 1*9 20 8
19hh Total 15,1*81* 1,291 335 592 248 116
Average 1,290 108 28 1*9 21 10
Jan. 1,080 83 21 1*0 15 7
Feb. 1,01*8 79 21 35 16 7
March 1,21*6 91* 23 1*2 19 11
April 1,252 96 21* 1*7 19 6
May 1,295 109 28 52 20 8
June 1,265 113 30 55 20 8
July 1,211* 11U 31 58 IB 7
Aug. 1,21*1 109 30 51 20 8
Sept« 1,339 112 30 53 21 9
Oct« 1,393 125 31 60 • 25 9
Nov. 1,1*03 123 33 53 26 12
Dec« 1,706 131* 31* 1*5 30 25
189
RETAIL SAIES OF CHAIN STORES AND MAIL-ORDER HOUSES
NOTE: See p. 1?8 (Millions of Dollars)
. Durable Goods Stores
Tear and Chain & .
Month Mail- Home
Order Total Auto- Building Furnish- Jewelry
Sales motive Materials ings
19115 Total $ 16,130 $ 1,1*50 * 371 * 675 $ 280 $121*
Average 1,31*1* 121 31 56 23 10
Jan. 1,163 92 21* 1*5 17 7
Feb. 1,301* 85 23 39 17 7
March 1,1*30 107 28 50 22 8
April 1,166 305 26 53 19 7
May 1,258 111* 27 58 21 9
June 1,309 121 31 60 21 9
July 1,201* x ■ 116 31 56 20 8
Aug. 1,21*5 122 31* 59 20 9
Sept. 1,301 125 32 63 21 9
Oct. 1,501* 151 35 77 29 10
Nov. 1,51*7 11*8 37 65 33 13
Dec. 1,900 161* 1*5 ' 51 39 28
1946 Total 1,398 132 "38“ 60 “25" 9
Average 1,359 127 35 58 26 8
Jan. 1,638 11*1* 1*0 61* 31 9
Feb.
March
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
W Total
Average
Jan.
Feb.
March
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Source: United States Department of Commerce, Bureau of Foreign and Domestic
Conmerce
190
RETAIL SAIES OF CHAIN STORES AND MAIL-ORDER HOUSES NOTE: See p. 178 (Millions v of Dollars)
Nondurable Goods Scores'
Year Eat- Fill- Gener-
and Total Apparel Drug ing & Food ing al Other
Month Drink- Sta- Merchan- Retail
Ing tions dise Stores
1929 Total $ 8,723 1 1,197 ♦ 312 $ 299 $3,1*75 $ 605 $ 2,271* $ 561
Average 727 200 26 25 290 50 190 1*7
1933 Total 6,088 589 267 182 2,591* 51*1* 1,589 323
Average 507 1*9 22 15 216 1*5 132 27
1935 Total 7,212 758 317 2k8 2,916 1*23 2,121* k26
Average 601 63 26 21 21*3 35 177 36
1936 Total 7,955 913 352 270 3,083 1*03 2,1*28 506
Average 663 76 29 22 257 31* 202 k2
1937 Total 8,335 989 378 290 3,170 375 2,590 51*3
Average 695 82 31 21* 26k 31 216 1*5
1938 Total 7,918 913 377 288 3,110 316 2,1*1*8 466
Average 660 76 31 21* 259 26 201* 39
1939 Total 8,521 991 1*00 301* 3,31*0 288 2,693 505
Average 720 83 33 25 278 21* 221* 1*2
Aug. 663 66 ’ 33 25 273 27 201 39
19h0 Total 9,226 1,071 1*25 321* 3,61*5 280 2,921* 557
Average 769 89 35 27 301* 23 21*1* k6
19Ü1 Total 11,005 1,309 1*79 361 1*,352 306 3,532 666
Average 917 209 1*0 30 363 26 291* 56
Jan. 706 71 36 28 312 21 189 50
Dec. 1,319 179 58 36 k28 26 518 76
191*2 Total 12,831* 1,61*5 571 1*15 5,281* 250 3,873 796
Average 1,070 137 1*8 35 1*1*0 21 323 66
May 1,01*9 128 1*1* 33 1*58 23 295 68
Sept. 1,086 11*3 1*6 36 1*35 21 338 66
Oct. 1,229 166 52 39 1*80 20 1*01 71
191*3 Total 23,207 1,861 65k k81 5,193 189 3,901* 925
Average 1,201 155 55 1*0 1*33 16 325 77
May 1,077 11*3 53 1*0 1*1*0 17 309 75
191*1* Total 14,193 2,050 681 509 5,591* 188 l*,2O9 962
Average 1,183 171 57 1*2 k66 16 351 80
Jan. 997 126 52 1*2 1*1*2 11* 2W 73
Feb. 969 121 51 39 1*11* 11* 257 73
March 1,152 179 57 1*2 1*51 15 322 85
April 1,156 185 53 1*1 1*56 15 328 79
May 1,187 178 55 1*3 1*72 17 31*0 83
June 1,152 165 51* 1*2 1*75 17 320 78
July 1,201 131* 55 u2' k80 17 297 75
Aug. 1,232 11*3 55 1*3 1*62 16 332 80
Sept. 1,227 180 56 1*81 16 370 80
Oct. 1,268 187 58 1*1* 1*76 16 1*01* 81*
Nov. 1,280 193 57 1*57 16 k29 86
Dec. 1,573 260 78 1*6 527 16 560 86
191
BETAIL SAIES OF CHAIN STORES AND MAIL-ORDER HOUSES
NOTE: See p. 178 (Millions of Dollars)
Nondurable Goods i Stores
Year f Eat- Fill- Gener-
and ing & ing al Other
Month Total Apparel Drug Drink- Food Sta- Merchan- Retail
ing tions dise Stores
19115 Total ♦Hi, 680 $2,213 8 701* $ 531 85,595 8 215 8 1*,393 $ 1,029
Average 1,223 28h 59 Mi ¿166 IB 366 86
Jan. 1,070 IV 53 Mi Mi2 15 290 81
Feb. 1,019 HiO 50 1*0 1*17 11* 28h 71*
March. 1,323 21*9 57 h5 1*75 17 392 88
April 1,061 151* 52 1*1 1*11 16 320 77
May 1,1113 171* 55 Mi Mill 18 327 82
June 1,188 191 57 1*3 1*58 18 31*0 82
July 1,089 U5 . 57 Mi 1*32 18 333 79
Aug. 1,123 151* 56 Mi Mi2 19 321* 83
'Sept. 1,176 175 55 Mi 1*59 19 31*5 80
Oct. 1,353 210 60 h8 500 21 1*22 93
Nov. 1,399 211 61 U6 522 20 Mi5 93
Dec. 1,736 265 91 h8 593 20 601 217
19^6 Total
Average
Jan. 1,266 161 1“ 51*1 21 339 91*
Feb. 1,233 162 61 Mi 515 19 337 91*
March l,li91i 230 66 1*9 583 22 1*39 207
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
19h7 Total
Average
’ Jan.
Feb.
March
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec. •------• WMV ■MMM ....... •MMMW
Source: United States Department of Commerce, Bureau of Foreign and Domestic
Commerce
192
INDEXES OF RETAIL SALES OF CHAIN STORES AND MAIL-ORDER HOUSES
Dally Average Sales Adjusted for Seasonal Variation
NOTE: See p. 178 (1935-39 . 100)
Year All Chain __________Durable Goods Stores______________________
and and Mail- Total Automo- Building Home Jewelry
Month Order Sales_____________tive________Materials Furnishings__
1929 116.6 171.3 199.5 139.3 185.9 115.5
1933 74.1 53.8 51.0 49.1 69.6 36.9
1935 89.6 84.0 95.1 78.0 76.5 71.8
1936 99.9 102.0 106.4 100.1 98.9 94.2
1937 105.1 110.7 109.0 109.8 115.1 112.0
1938 98.9 96.8 90.0 104.0 96.1 98.7
1939 106.7 106.4 99.5 108.1 113.2 123.0
Aug. 107.2 105.0 98.2 105.5 113.9 118.8
1940 115.7 117.3 108.2 120.5 123.3 148.5
1941 138.6 145.1 130.6 152.6 147.9 209.7
Jan. 125.3 132.6 123.3 139.7 131.4 169.0
Dec. 149.4 143.9 125.7 157.7 143.0 204.4
1942 156.7 123.9 79.3 155.8 124.5 275.7
May 151.5 126.0 72.8 175.6 116.1 239.9
Sent, 160.1 119.6 77.4 144.8 121.6 311.0
Oct. 159.9 119.8 81.8 140.4 123.6 304.3
1943 160.8 124.4 83.9 150.9 ' 113.9 364.1
May 153.9 123.9 86.4 147.9 115.2 344.6
1944 172.6 131.1 89.5 160.0 117.7 376.1
Jan. 171.3 128.3 78.8 168.7 109.9 365.5
Feb. 165.6 124.6 81.3 154.8 108.0 394.5
Mar. 170.5 128.4 79.4 151.9 111.2 548.6
Apr. 163.4 123.3 .81.1 156.8 111.6 309.2
May 169.8 123.0 85.3 149.7 112.2 328.8
June 167.9 129.3 84.3 164.2 120.0 315.2
July 172.2 141.6 92.4 186.0 119.3 353.9
Aug. 176.1 123.0 85.1 149.5 107.4 367.6
Sept. 172.8 127.8 93.0 144.8 119.9 395.4
Oct. 178.2 137.0 100.2 158.3 126.8 392.8
Nov. 182.6 145.3 110.9 167.4 130.4 393.2
Dec. 174.9- 143.7 99.3 177.1 129.3 376.0
193
INDEXES OF RETAIL SALES OF CHAIN STORES AND MAIL-ORDER HOUSES
Daily Average Sales Adjusted for Seasonal Variation
NOTE» See B. 178 (1935-39 s 100)
Year All Chain Durable Goods Stores
and and Mail- Total Automo- Building Home Jewelry
Month Order Sales tive Materials Furnishings
1945 179.8 147.4 99.3 182.5 133.2 400.6
Jan. 184.6 137.8 87.0 179.7 121.4 357.7
Feb. 181.4 139.4 90.6 178.5 121.9 376.0
Mar. 184.0 144.6 96.7 181.7' 126.6 399.4
Apr. 161.8 135.2 85.6 177.8 114.5 363.5
May 164.8 129.5 80.7 166.4 115.5 369.7
June 167.7 138.1 85.4 177.8 129.1 357.4
July 177.3 145.3 94.1 181.5 130.4 428.6
Aug. 175.5 137.5 96.1 172.8 110.6 394.5
Sept . 172.8 143.9 103.2 171.1 129.1 406.0
Oct. 186.9 158.4 110.6 194.7 242.1 407.9
Nov. 200.6 174.7 126.6 205.2 168.2 430.7
Dec. 196.8 174.8 132.1 197.3 171.6 437.4
1946
Jan. 221.0 196.4 139.5 243.0 380.1 ’ Ù3U.2
Feb. 223.3 206.3 139.3 266.1 lb 1.6 464.8
Mar. 227.2 2Qk3 142.7 243.4 191.0 -471.2
Apr.
May
June
July
Aug.
Sept
Oct.
Nov.
Dec.
1947
Jan.
Feb.
Mar.
Apr.
May ------------
June
July
Aug.
Sept • - - --------- ------ --- MMMW^» «..MM
Oct. ---^*------>---• ------------ --------------- --- ---------
Nov. --- ■»■•■ ■ ■ '■■"• --- --- --- ------------
D6C • ---■--- ..1» !■■■.■ ------------. ---------. ------------ --------------- -------1
Source: United States Department of Commerce, Bureau of Foreign and Domestic Commerce
697283 0—46-----13
1S>1»
INDEXES OF RETAIL SALES OF CHAIN STORES AND MAIL-ORDER HOUSES
Daily Average Sales Adjusted for Seasonal Variation
NOTE: See p. 178 (1935-39 = 100)_______________
Nondurable Goods Stores
Year Eat- Fill- Gener-
and Total Apparel Drug ing & Food ing al Other
Month Drink- Sta- Merchan- Retail
ing tions dise Stores.
1929 109.8 131.1 85.7 106.9 111.3 167.6 94.4 114.4
1933 76.6 64.5 73.3 65.1 83.1 150.5 65.9 65.8
1935 90.3 83.0 87.0 88.6 93.4 117.2 86.4 87.1
1936 99.6 100.0 96.4 96.3 98.7 111.6 98.8 103.3
1937 104.4 108.3 103.5 103.6 101.5 103.8 105.5 111.1
1938 99.2 100.0 103.3 102.9 99.6 87.6 99.7 95.3
1939 106.7 108.6 109.8 108.8 107.0 79.8 109.6 103.2
Aug. 107.5 110.2 109.5 108.2 107.9 78.1 110.8 102.8
1940 115.5 117.3 116.6 115.4 116.7 77.6 119.0 114.0
1941 137.8 143.4 131.5 129.0 139.3 84.7 143.8 136.1
Jan. 124.4 130.5 123.3 120.8 125.8 80.0 129.4 115.1
Dec. 150.1 158,0 143.6 136.6 156.6 88.0 150.2 151.3
1942 160.7 180.2 156.4 148.4 169.2, 69.3 157.6 162.8
May 154.7 158.0 148.6 143.3 166.2 70.7 151.8 163.1
Sept. 165.1 182.9 158.1 152.1 173.4 66.5 165.2 163.3
Oct. 164.9 181.5 168.4 157.2 171.5 64.2 165.1 167.6
1943 165.3 203.8 179.2 171.7 166.3 52.4 158.9 189.0
May 157.6 172.7 178.8 171.7 161.9 52.6 152.8 180.5
1944 177.7 224.6 186.8 181.7 179.1 52.1 171.3 196.6
Jan. 176.6 242.1 178.0 182.8 175.1 54.8 167.8 193.3
Feb. 170.7 227.3 177.1 178.3 168.4 55.5 163.5 192.0
Mar. 175.7 229.1 191.2 176.4 170.7 53.4 172.8 200.4
Apr. 168.4 212.6 182.1 175.2 169.9 49.0 160.2 191.2
May 175.6 217.2 182.7 184.2 179.0 51.1 168.7 192.5
June 172.7 199.9 184.7 189.2 181.7 51.9 161.7 190.8
July 176.0 213.5 186.7 188.6 181.8 50.1 165.2 201.3.
Aug. 182.7 235.5 186.5 187.5 182.6 48.6 178.5 198.7
Sept. 178.4 223.6 187.6 182.7 179.7 50.0 173.1 197.8
Oct. 183.3 226.8 190.1 177.9 186.6 52.3 177.3 206.5
Nov. 187.2 242.2 190.4 180.9 180.7 53.6 188.1 221.7
Dec. 178.8 229.7 195.4 174.0 184.5 55.4 168.9 178.3
vs
INDEXES OF RETAIL SALES OF CHAIN STORES AND MAIL-ORDER HOUSES
NOTE: Daily Average Sales Adjusted for Seasonal Variation
See P. 178 (1935-39 I 100)
Nondurable Goods Stores
Year Eat- Fill- Gener-
and ing & ing al Other
Month Total Apparel Drug Drink- Food Sta- Merchan- Retail
ing tions dise Stores
1945 183.8 242.5 193.1 189.8 179.1 59.4 178.8 210.3
Jan« 190.4 270.2 181.5 193.1 180.7 56.6 190.7 206.5
Feb. 186.6 271.4 180.3 189.6 174.3 57.1 186.8 203.9
Mar. 188.9 270.7 189.4 188.8 170.5 58.8 197.5 207.2
Apr. 165.1 208.5 178.1 176.9 162.6 54.4 160.7 187.8
May 169.1 212.2 183.2 188.3 167.9 54.4 163.0 190.7
June 171.4 223.4 190.9 194.4 166.1 55.2 165.1 198.8
July 181.3 241.8 193.2 195.4 172.9 55.4 181.3 199.0
Aug. 180.2 253.9 189.9 193.8 172.9 56.3 172.6 204.1
Sept. 176.4 223.6 187.3 185.1 177.4 61.0 166.4 204.5
Oct. 190.4 247.0 195.2 192.6 191.2 65.5 179.7 220.2
Nov. 203.8 263.0 206.5 196.2 204.0 68.0 194.6 240.5
Dec. 199.5 234.6 228.1 185.5 210.7 70.5 179.8 243.2
1946
Jan. 2211.0 298.6 211.5 209.8 220.1! 81.8 222.3 239.3
Feb. 225.11 315.11 220.0 209.5 215.3 78.3 222.3 259.1
Mar. 230.11 3111.11 219.2 205.1 213.9 77J* 21*1.5 j^îL
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1947
Jan.
Feb. f
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
Source: . United States Department of Commerce, Bureau of Foreign and
Domestic Commerce
196
BUSINESS ACTIVITY
Business Population
These series are compiled by the United States Department of Commerce, Bureau of Foreign and Domestic Commerce and are published at irregular intervals in the Survey of Current Business.
A New Business is defined as one which is newly organized and is not the successor of a pre-exist-in^go^ng~concern.
A Discontinued Business is defined as one which has been completely liquidated and which does not conHnue^s⁻a"^olng~c6ncern under new ownership. The concept includes business failures as well as closures which occur for reasons other than financial loss.
A Business Transfer is defined as a change in ownership of a going concern. It covers (1) ordinary purcTîâs^âïS^sâle^ôf a business, (2) reorganization of a business e,g, incorporation and admission or dropping of a partner, and (3) transfer of a business to a trustee, receiver or executor.
ESTIMATED NUMBER OF OPERATING BUSINESS FIRMS, NEW BUSINESSES, DISCONTINUED BUSINESSES, AND BUSINESS TRANSFERS 1/
Total Num- Business Business
Year ber of Firms New Businesses Discontinuances Transfers 3/
and at Beginning Percent Percent Percent
Quarter of Period ÿ Number of Total Number of Total Number of Total
MO 3,3O7,tOO 357,300 10.8 360,500 10.9 209,000 6.3
Ml 3,301»,200 447,600 13.5 410,800 12.4 280,800 8.5
M2 3,31x1,000 334,700 10.0 604,400 18.1 237,500 7.1
MB 3,071,300 143,400 4.7 379,100 12.3 212,400 6.9
1944 2,835,600 272,800 9.6 1x3,500 5.1 282,800 10.0
I Qtr, 2,81*8,700 55,600 2.0 42,500 1.5 70,700 2.5
II Qtr. 2,879,900 66,800 2.3 35,5oo 1.2 67,800 2.4
Ill Qtr. 2,923,500 76,700 2.6 33,100 1.1 77,500 2.6
IV Qtr. 2,961x,800 73,700 2.5 32,400 1.1 66,700 2.2
M5 2,961»,800 421,700 14.2 151,700 5.1 346,000 11.7
I Qtr. 3,012,900 90,500 3.0 42,500 1.4 96,300 3.2
II Qtr. 3,065,600 87,800 2.9 35,ioo 1.1 84,400 2.8
Ill Qtr. 3,134,100 206,000 3.4 37,400 1.2 83,200 2.7
IV Qtr. 3,234,800 137,400 4.2 36,700 1.1 82,100 2.5
M6 3,234,800
I Qtr.
II Qtr.
Ill Qtr.
IV Qtr.
M7
I Qtr, 1
II Qtr.
HI Qtr.
IV Qtr.
V Figures include concerns without employees,
^ Quarterly data are as of the end of the quarter, 1945 data are preliminary, 3/ Firms in which there has been a change of ownership.
SOURCE: United States Department of Commerce, Bureau of Foreign and Domestic Commerce
197
BUSINESS ACTIVITY
Industrial and Commercial Failtires
The series on number and rate of failures of industrial and commercial enterprises is compiled by Dun & Bradstreet, Inc*, and published monthly in pun*8 Statistical Review*
A failure is defined as "a concern which is involved in a court proceeding or a voluntary action which is likely to end in loss to creditors.” The figures on failures take into account assignments, voluntary and involuntary bankruptcies, receiverships, reorganisations and arrangements .under chapters X and XI of the Bankruptcy Act, compromises with creditors out of court, voluntary withdrawals with loss to creditors, and discontinuances following such actions as attachments, executions and foreclosures, if loss to creditors results*
The monthly rate of failures represents the number of failures during a given month at an annual rate per 10,000 concerns listed in Dun & Bradstreet’s Reference Book for that month*
' The annual rate of failures represents the total number of failures in a given year per 10,000 concerns listed in Dun & Bradstreet’s Reference Book for July of that year*
During the period for which data are,shown there have been two major revisions of the failure statistics resulting in material changes in the coverage* The first revision, in 1933, eliminated real estate companies, steamship lines, terminals, amusement places, etc* from coverage and resulted in the lowering, of the rate of failures item 2 to 3 points* The figures are given on the new basis only for 1933 and subsequent years*
The second revision, in 1939, extended the coverage to voluntary discontinuances with loss to creditors, and provided for a fuller reporting of all attachments and foreclosures, resulting in loss to creditors* These additions raised the rate of failures about 16 points* The figures are given on the revised basis for 1939 and subsequent years. (See releases "Commercial and Industrial Failures, Monthly Since 1900", June 1945 and "Dun’s Insolvency Index, 1900-1945", March 1946, prepared by Marketing and Research Service, Dun & Bradstreet, Inc* See also 1942 Supplement - Survey of Current Business).
198
INDUSTRIAL AND COMMERCIAL FAILURES
NOTE: See p. 197
Tear Wholesa- Tear Wholes#*
and All Businesses Manufacy /lers and and All Businesses JIanufac-, lers and
Month Number Rate 1/ turerà “Retailers Month Number Rate ¿/ turerà A/ ' Retailers
1900 10,774 91.6 2,409 7,844 1945 810 4.2 . 280 351
1901 11,002 90.4 2,441 7,965 Jan. 80 5.1 34 28
1902 11,615 93.1 2,749 8,249 Feb. 66 4.8 17 30
1903 12,069 94.0 3,039 8,440 Mar. 85 5.0 26 44
1904 12,199 92.3 2,848 8,898 Apr. 90 5.7 26 49
1905 11,520 84.9 2,726 8,475 May 72 4.4 26 34
1906 10,682 76.8 2,490 7,843 June 61 3.7 19 32
1907 11,725 82.8 2,913 8,419 July 72 4.5 19 3$
1908 15,690 108.2 3,827 11,272 Aug. 56 3.2 21 22
1909 12,924 87.1 3,030 9,524 Sept. 64 4.2 24 19
1910 12,652 83.8 3,280 8,929 Oct, 62 3.7 24 22
Nov. 60 3.8 21 24
1911 13,441 88.0 3,502 9,480 Dec. 42 2.5 23 12
1912 15,452 99.8 3,839 11,011
1913 16,037 98.1 4,242 11,145 1946
1914 18,280 117.6 4,620 12,851 Jan. 80 4.7 35 25
1915 22,156 132.7 5,116 16,030 Feb. 92 6.1 29 36
1916 16,993 99.7 4,196 11,923 Mar. ___8k. 4«8_ 27
1917 13,855 80.3 3,691 9,430 Apr. •M»4MMWBB«B
1918 9,982 58.7 . 2,766 6,494 May
1919 6,451 37.4 1,865 4,013 June -----------
1920 8,881 48.3 2,635 5,532 July
1921 19,652 101.9 4,495 13,999 Aug.
1922 23,676 119.8 5,682 16,923 Sept.
1923 18,718 93.4 4,968 13,064 Oct. ------ ---------
1924 20,615 100.0 5,208 14,393 Nov.
1925 21,214 100.4 5,090 15,161 «MB»«»*
1926 21,773 101.0 5,395 15,268 Dec. ------ ■--- ■■ ■ --- ---:
1927 23,146 106.4 5,682 16,082
1928 23,842 108.5 5,924 16,477 1947 ------ ..............■■■
1929 22,909 103.9 6,007 15,417 Jan. «MM-**» ---MB---
1930 26,355 121.6 6,278 18,393 Feb.
1931 28,285 133.4 6,412 20,170 Mar. «EBBS
1932 31,822 154.1 7,279 22,624 Apr. ---Wil » ■ ------.
1933 2/ 19,859 100.3 4,615 14,105 May --- «■ mu ........ ■---■■
1934 12,091 61.1 2,281 8,237 June IMMfe* *«W<’W*N
1935 12,244 61.7 2,427 8,419 July
1936 9,607 47.8 1,855 6,716 Auf .
1937 9,490 45.9 1,997 6,426 Sept.
1938 12,836 61.1 2,428 9,214
1939 2/ 14,768 69.6 2,919 10,584 Oct. ------- «■nail« ---
1940 13,619 63.0 2,455 9,811 Nov.
1941 11,848 54.4 1,974 8,634 Dec.
1942 9,405 44.6 1,505 6,649 ------
1943 3,221 16.4 567 2,018 “
1944 1,222 6.5 352 587 1/ Number of failures per 10, .000 concerns
Jan. 120 & 2/ Not strictly comparable with data for
Feb. 132 32 59 years prior to 1932
Mar. 96 6.3 28 2/ Not strictly comparable with data for
Apr. 131 8.2 37 V years prior to 1939
May 148 9.3 34 Includes mine operators
June 110 7.2 31
July 91 5.7 23 49
Aug. 77 ’ 4.8 28 37
Sept« 75 4.9 24 31
Oct. 74 4.8 30 29 Source: Dun & Bradstreet
Nov. 75 5.0 18 27
Dec« 93 6.0 36 47
199
BUSINESS ACTIVITY
Stock Prices
These series are compiled by Standard and Poor’s Corporation, and are published in the Survey of Current Business» They are described as follows in the 191*2 Supplemeni^urvey of ¿urrent Business;
These indexes, originally published as a relative of a 1926 base, have been computed on the broader 1935-39 base with changes in the number of companies included« The formula used is a "base-weighted aggregative" where the weighting factor is the number of shares of each stock outstanding in the base period» Certain modifications of this method have been found necessary to make allowance for the sale of new stock through the issuance of rights, consolidations, and for the addition of new securities necessary to maintain group representations as new corporations are formed in an industry» The index of 1*02 common stocks includes the industrial, public-utility, and railroad stocks, but not the bank and fire and marine insurance stocks»
For a more detailed description of these series, see ’’’Long Term Security Price Index Record", published by Standard and Poor’s Corporation»
200
STOCK PRICE INDEXES
NOTE? See p. 199 (1935-39 a 100)
/ Other
Industrials Public Rail- Fire and
Combined Capital Consumers’ . Utilities roads New York Miar ine
Monthly Index (402 Total(354 Goods(116 Goods(191 (28 (20 City Banks Insurance
Average Stocks) Stocks) Stocks) Stocks) Stocks) Stocks) (19 Stocks) (18 Stocks)
1918 64.1 51.2 70.0 182.1 70.3 42.4
Nov. 68.5 54.3 -- •••• 74.5 197.3 71.1 43.0
1919 74.6 65.6 ------ 70.5 186.5 87.9 54.0
1920 67.8 59.8 •• ------ 63.6 169.6 86.3 5941
1921 58.3 46.7 ---- 67.5 163.8 77.2 54.7
1922 71.5 58.4 ------ •• 82.8 192.7 86.9 62.6
1923 72.9 60.1 ■VW 86.2 190.6 96.6 77.8
1924 76.9 62.9 ». •••• 92.1 203.5 108.5 89.0
1925 94.8 79.9 ---• 1 110.9 237.5 144.7 109.7
1926 105.6 90.3 75.4 98.0 116.9 265.1 166.1 113.7 .
1927 124.9 107.0 92.0 122.5 135.5 315.8 204.9 136.3
1928 158.3 139.4 118.8 167.6 173.9 340.9 280.2 212.2
1929 200.9 171.1 175.2 179.8 274.1 390.7 473.8 221.1
1930 158.2 127.0 132.4 125.3 250^7 331.3 320.4 163.1
1931 99.5 78.5 71.9 91.2 172.8 191.3 178.0 110.4
1932 51.2 41.8 32.5 49.5 92.1 69.5 98.6 45.8
1933 67.0 59.9 51.6 66.2 91.4 100.8 89.1 56.7
1934 76.6 73.4 62.1 78.8 80.5 110.1 90.3 75.1
1935 82.9 82.2 72.7 89.4 83.9 90.2 91.5 97.0
' 1936 117.5 115.2 113.9 119.2 122.1 136.5 115.5 111.6
1937 117.5 118.1 I25.O 110.5 110.4 129.8 120.4 100.1
1938 88.2 90.1 91.8 86.2 85.6 69.5 82.2 91.5
1939 94.2 94.8 97.1 95.0 98.6 74.7 91.1 100.1
Aug. 90.7 90.4 91.3 94.4 101.1 66.8 89.6 100.3
1940 88.1 87.9 .90.2 90.7 95.8 71.1 90.7 102.0
1941 80.0 80.4 83.2 78.3 81.0 70.6 85.4 108.3
Jan. 85.0 84.7 88.9 85.4 • 91.1 73.4 92.9 108.1
Dec. 71.8 73.8 76.3 67.6 66.2 61.0 72.1 106.1
1942 69.4 71.3 72.9 68.5 61.3 66.1 69.3 99.5
May 63.2 64.7 66.3 62.9 57.2 60.3 62.5 90.6
Sept. 69.4 71.6 71*8 69.6 59.5 66.7 74.1 100.6
Oct. 74.2 76.5 77.6 72.7 63.7 72.7 75.7 104.7
1943 91.9 94.1 88.7 93.1 82.1 88.7 91.4 116.1
May 95.2 97.2 92.5 94.9 84.0 97.5 92.3 115..6
1944 99.8 101.7 91.5 107.4 89.9 1C1.0 104.I II5.I
Jan. 94.6 96.4 87.7 99.0 86.7 91.0 96.8 114.2
Feb. 94.4 95.8 86.6 98.9 86.9 96.1 98.5 112.1
Mar • 96.6 98.2 88.1 102.3 88.4 98.7 100.7 113.9
Apr. 95.1 96.5 86.5 100.9 87.3 97.3 99.6 113.6
May 97.2 99.0 87.8 103'. 6 87.8 99.3 100.7 113.3
June 101.5 103.9 92.7 110.2 89.6 100.8 103.9 112.3
July 104.3 106.7 96.1 113.1 91.3 105.3 106.7 116.9
Aug. 102.7 104.7 94.3 111.7 92.1 102.5 106.2 1)6.4
Sept. 100.7 102.6 92.6 110.7 91.4 98.7 IO5.O II5.5
Oct. 103.5 105.6 95.6 113.2 92.7 103.4 107.3 117.7
Nov. 102.7 104.6 94.5 112.0 92.1 104.9 109.4 118.0
Dec. 104.7 106.4 96.0 113.4 92.4 s 113.9 114.6 1)7.8
201
STOCK TRICE INDEXES
¡NOTE: See p* 199 (1935-39 r 100)
Other
Industrials Public Rail- Fire and
Combined Capital Consumers * Utilities roads New York Marine
Monthly Index (402 Total (354 1, Goods (116 Goods(191 (28 (20 City Banks Insurance
Average Stocks) Stocks) Stocky), Stocks) “Stocks) Stocks) (19 Stocks) (18 Stocks)
1945 121.5 123.3 111.4 131.6 106.1 136.9 116.8 127.6
Jan. 103.4 110.4 99.4 116.3 93.8 120.7 II4.4 120.8
Feb. 113.0 115.2 103.6 121.0 96.8 125.3 113.3 124.6
Mar. 111.8 II4.O 103.2 119.3 96.1 123.6 110.9 125.4
Apr. 114.4 116.5 IO5.5 122.2 98.0 129.3 110.6 123.5
May 113.2 120.3 108.8 127.2 101.2 134.5 113.4 129.1
June 120.7 121.8 109.9 129.3 IO5.9 144.0 119.4 129.7
July 118.4 118.8 107.0 126.1 107.9 140.1 117.0 125.7
Aug. 117.9 118.9 107.6 128.1 107.2 130.9 113.0 122.2
Sept. 126.1 128.2 117.2 139.3 110.6 137.5 II5.0 125.9
Oct. 132.0 134.5 122.0 145.9 . II4.4 U5.1 124.6 134.2
Nov. 136.9 138.7 124.8 I5O.7 120.8 154.2 125.2 136.5
Dec. 139.7 142.2 127.9 154.0 120.2 157.1 124.3 133.9
1946
Jan. 144.8 147.5 133 J- 161.9 I24.O 164.3 126.1 139.2
Feb. 143.3 145*8 133*6 159.5 123.7 159.8 121.3 143*8
Mar. 141.8 144*5 130.8 159.2 122.8 153*6 116.6 141*6
Apr. 151 st 155.9 139.4 170.1 127.5 156.8 120.2 144*2
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1947
Jan.
Feb.
Mar.
Apr. * \
May
June _
July
Aug.
Sept.
Oct.
Nov.
Bep.
Sources Standard and Poor’s Corporation
202
BUSINESS ACTIVITY
Money in Circulation
This series is compiled by the Board of Governors, Federal Reserve System, and is published monthly in the Federal Reserve Bulletin»
It represents all coins and paper money outside of the Treasury and Federal Reserve Banks, with the exception of gold and silver coin known to have been exported and, beginning with January 31, 193bj all gold coin» A full explanation of the series and data back to i860 are given in Banking and Monetary Statistics, 19b3> Federal Reserve Board»
Bank Deposits
These series are compiled by the Board of Governors, Federal Reserve System, and are published monthly in the Federal Reserve Bulletin#
The data have been adjusted as nearly as possible to show the actual amounts owned by the public# They exclude interbank deposits and cash items in process of collection, commonly called the "floats# A full explanation of the series is given in Banking and Monetary Statistics, 19b3, Federal Reserve Board.
Consumer Credit
These series are compiled by the Board of Governors of the Federal Reserve System and published monthly in the Federal Reserve Bulletin, Previously they were computed by the Bureau of Foreign and Domestic Commerce of the United States Department of Commerce#- Consumer credit is defined as the total amount of outstanding unpaid balances arising from credit extended to individuals in their capacity as consumers, where the original credit extension does not exceed five years# The series include installment credit by type, single payment loans, charge accounts, and service credit, all of which appear in the Handbook# Extensive discussions of the series appear in the NovemberT^ir^ahd Februaby 19b3 issues of the Survey of Current Business and in the December 19bh and JanuaryT^E^issue of the Federal Reserve Bulletin»
Nonfarm Mortgage Recordings, Loans and FHA Insurance
Nonfarm mortgage recordings of $20,000 or less: — This series is cc^HleTlDjnEKiil’eder^^ and ⁱs Pub-
lished monthly in the Federal Home Loan Bank Review# It is based, on reports sent in montTTIyn3y"'averr'^^ similar politi-
cal subdivisions which contain more than two—thirds of the total
203
BUSINESS ACTIVITY
Nonfarm Mortgage Recordings, Loans and FHA Insurance
Nonfarm mortgage recordings of $20*000 or fess: (cont• d*) nonfarm population* Even though the reports contain data on mortgage recordings of all kinds, only those with a face amount of $20,000 or less on properties in nonfarm areas are included in this series in order to relate it more closely to the financing of one-to-four family homes*
Home "mortgage loans made by all savings and loan associations for (a) all purposes and for (b) home purchases: - Both series are compiled by the federal Home Loan Bank Administration and are published monthly in the Federal Home Loan Bank Review* They are based on reports sent in monthly by the cooperating associations whose assets represent 81 percent of the total assets of all the savings and loan associations* The series for (a) all purposes includes also mortgage loans for home purchases* The-ljerLTsFior^^^^ represents mortgage loans
for one-to-four family homes *
Federal Housing Administration insurance on total new and existing constructions# - All series under ithis heading”shown in the Handbook are compiled by the Federal Housing Administration and are publishecT^uarter-ly in the Mortgage Portfolio* They relate to activities under Title II, ¹ section 20TT?xh€ri'rat^^ Act which provides for the insurance
of mortgages on one-to-four family homes and to activities under Title VI, section 603 of the Act which extended PHA insurance to war housing*
Firm conmitments issued - represent commitments issued to mortgagees io^TnsurtTmorEi^^ hemes not being constructed for sale con-
tingent upon approval of building specifications* These commitments are issued for specified periods necessary for completion of the building and the closing of mortgage papers* Some of these commitments may lapse or be withdrawn by the mortgagee* However, this series is considered a sensitive indicator of small homes construction activity*
Mortgages insured - represent mortgages on properties on which final inspection of the complete home has been made and the mortgage papers closed at which time the first payments of premium is made by the mortgagor to the mortgagee who in turn transmits it to the Federal Housing Administration*
The cumulative series of mortgages insured - represents the total volume of mortgages written and not the balance of loans outstanding, since this series does not include deductions for amortization payments to principal made by the mortgagor*
(See 19h2 Supplement — Survey of Current Business)
204
MONEY IN CIRCULATION IN THE UNITED STATES 1/
NOTE: See p. 202
End o? "millions End 6?“ Millions
Year or of Year or of
Month Dollars ( Month Dollars
1914 $3,032 1945
July 3,107 Jan. $25,290
1915 3,302 Feb. 25,751
1916 3,679 March 25,899
1917 4,086 April 26,189
April 3,907 May 26,528
1918 4,951 June 26,746
Nov, 4,908 July 27,108
1919 5,091 Aug. 27,685
1920 5,325 Sept. * 27,826
Oct. 28,049
1921 4,403 Nov, 28,211
1922 4,530 Dec. 28,515
1923 4,757
192b 4,760 1946
1925 4,817 Jan.
1926 4,808 Feb.
1927 4,716
1928 4,686 March 27, 879
1929 4,578 April
1930 4,603 May
1931 5,360 June
1932 5,388 July
1933 5,519
193h 5,536 Aug.
1935 5,882 Sept.
1936 6,541
1937 6,550
1938 6,856 Nov.
1939 7,598 Dec.
Aug, 7,171
.1947
1940 8,732
Ml 11,160 vein«
Jan, 8,593 Feb.
Dec, 11,160 March
1942 15,410 April
May 12,074
Sept, 13,703 May
Oct. 14,210 June
39113 20,449 July
May 17,114 Aug.
1944 Sept.
Jan. 20,529 Oct.
Feb. 20,824
March 21,115 Nov.
April 21,552 Dec.
May 22,160
June 22,504 1/ Excludes money held by Treasury or Federal
July 22,699 Reserve Banks.
Aug. 23,292
Sept. 23,794
Oct. 24,425
Nov. 25,019
Dec. 25,307
SOURCE: Board of Governors, Federal Reserve System
205
DEPOSITS IN ALL BANKS IN THE UNITED STATES 1/
NOTE: See p. 202 (Millions of dollars)
Tear Private Private Year Private Private
and Total Gov’t Time Demand and Total Gov’t Time Demand
Month 2/ Deposits Deposits Deposits Month 2/ Deposits Deposits Deposits
1913 $17,545 $49 $8,356 $9,140 1945
1914 IB,498 66 8,350 10,082 Jan« $127,500 $18,300 $40,600 $68,600
1915 19,107 48 9,231 9,828 Feb. 126,700 15,600 41,400 69,700
1916 22,325 39 10,313 11,973 March 126,400 13,400 42,100 70,900
1917 25,878 834 11,543 13,501 April 126,400 9,800 43,000 73,600
19 Iß 28,125 ' 1,565 11,717 14,843 May 127,800 8,200 43,600 76,000
1919 32,012 965 13,42$ 17,624 June 137,688 24,381 44,254 69,053
1920 35,754 304 15,834 19,616 July 138,000 20,800 45,100 72,100
1921 34,U4 418 16,583 17,U3 Aug« 137,400 17,300 46,100 74,000
1922 35,652 170 17,437 18,045 Sept« 136,600 14,300 46,900 75,400
1923 39,777 254 20,379 19,144 Oct. 137,400 11,700 47,600 78,100
Nov. 141,600 13,100 48,000 80,500
1924 43,386 256 22,232 20,898 Dec. 148,200 24,600 48,500 75,100
1925 46,528 318 23,922 ’22,288
1926 47,296 247 25,328 21,721 1946
1927 50,382 280 27,372 22,730
1928 52,045 283 28,681 23,081 Jan. 150,200 24,600 76.500
1929 51,156 158 28,189 22,809 Feb. 150,700 25,000 49,700 76,000
1930 49,948 305 28,676 20,967 March 147,100 22,300 50,000 74,800
1931 43,855 464 25,979 17,412 April
1932 40,693 508 24,457 15,728
1933 37,766 1,016 21,715 15,035
June t
1934 43,330 1,715 23,156 18,459
1935 47,265 909 24,241 22,115 July
1936 51,835 991 25,361 25,483 Aug.
1937 51,001 824 26,218 23,959
Sept.
1938 53,180 88? 26,305 25,986 Oct.
1939 57,698 846 27,059 29,793
54,938 792 26,791 27,355 Nov.
1940 63,436 753 27,738 34,945 Dec.
1941 68,616 1,895 27,729 38,992
1942 85,755 8,402 28,431 48,922 1947
June 71,027 1,837 27,320 41,870 Jan.
1943 103,975 ।10,424 32,736 60,815 Feb.
May 95,300 n,4oo 29,900 54,000 March
1944 April
Jan« 106,400 10,700 33,200 62,500 May
Feb. 109,4.00 17,600 33,700 58,100
March 108,400 34,100 June
14,700 59,600 July
April 107,600 10,900 34,600 62,100
May 107,500 7,300 35,300 65,100 Aug.
June ^>?91 19,506 35,720 60,065 Sept.
July 118,100 20,300 36,300 61,500
Aug« 117,500 16,100 37,100 64,300 Oct,
Sept« 116,900 13,500 37^900 65,500 Nov.
Oct. 117,100 8,700 38,900 69,500
Nov, 119,900 8,200 39,200 72,500
Dec« 127,483 20,763 39,790 66,930
y Adjusted to exclude interbank deposits and cash items in process of collection«
2/ As of June 30, for years 1913-1922; end. of calendar year or month for subsequent dates«
SOURCE: Board of Governors, Federal Reserve System
206
TOTAL CONSUMER CREDIT OUTSTANDING, Bï MAJOR PARTS
(Millions of Dollars) index: Average
NOTE: See p. 202 1 1935-39 * 100)
installment credit Single Total con-
End of Total Sale Credit Payment Charge Service sumer Credit
Period Consumer Total Auto- Loans Loans Accounts Credit * Not *
Credit Total mobile Other y 2/ Adjusted Adjusted
1929 $ 7,637 $3,167 $2,515 $1,318 $1,197 $ 652 $ 2,125 $ 1,749 $ 596 116 120
1930 6,839 2,706 2,032 928 1,104 674 1,949 1,611 573 103 107
1931 5,528 2,214 1,595 637 958 619 1,402 1,381 531 83 87
1932 4,082 1,515 999 322 677 516 962 1,114 491 61 64
1933 3,905 1,581 1,122 459 663 459 776 1,081 467 59 61
1934 4,378 1,849 1,317 576 741 53? 875 1,203 451 66 69
1935 5,419 2,607 1,805 940 865 802 1,048 1,292 472 82 85
1936 6,771 3,501 2,436 1,289 1,147 1,065 1,331 1,419 520 103 106
1937 7,467 3,947 2,752 1,384 1,368 1,195 1,504 1,459 ' 557 113 117
1938 7,030 3,578 2,333 970 1,343 1,265 1,442 1,487 523 106 110
1939 7,981 4,436 2,792 1,267 1,525 1,644 1,468 1,544 533 121 125
Aug. 7,28$ 4,069 2,571 1,223 1,348 1,498 1,462 1,229 525 115 114
1940 9,153 5,455 3,450 1,729 1,721 2,005 1,488 1,650 560 139 143
1941 9,899 5,924 3,744 1,942 1,802 2,180 1,601 1,764 610 150 155
Jan. 8,953 5,418 3,393 1,746 1,647 2,025 1,487 1,486 562 141 140
1942 6,485 2,955 1,491 482 1,009 1,464 1,369 1,513 648 98 102
May 8,324 4,625 2,702 1,239 1,463 1,923 1,509 1,561 629 130 130
Sept. 6,902 3,527 1,860 769 1,091 1,667 1,417 1,320 638 108 108
Oct. 6,750 3,287 1,701 664 1,037 1,586 1,403 1,419 641 105 106
1943 5,338 1,961 814 175 639 1,147 1,192 1,498 687 80 84
May 5,382 2,163 953 235 718 1,210 1,282 1,275 662 84 84
1944 5,777 2,039 835 200 635 1,204 1,251 1,758 729 86 90
Jan. 4,988 1,857 742 169 573 1,115 1,145 1,294 692 ' 78 78
Feb. 4,835 1,807 705 167 538 1,102 1,113 1,218 697 77 76
March 5,019 1,826 695 167 528 1,131 1,115 1,376 702 79 79
April 4,997 1,807 689 171 518 1,118 1,139 1,346 705 79 78
May 5,107 1,818 699 181 518 1,U9 1,189 1,390 710 80 80
June 5,168 1,840 706 192 514 1,134 1,242 1,370 716 81 81
July 5,111 1,847 705 204 501 1,142 1,255 1,287 722 81 80
Aug. 5,159 1,853 708 210 498 1,145 1,249 1,330 727 82 81
Sept. 5,243 1,869 719 210 509 1,150 1,245 1,402 727 82 82-
Oct. 5,388 1,894 743 210 533 1,151 1,250 1,516 728 84 84
Nov. 5,577 1,931 772 208 564 1,159 1,255 1,664 727 86 87
Dec. 5,777 2,039 835 200 635 1,204 1,251 1,758 729 86 90
* ’•Adjusted” and ”Not Adjusted” means adjusted or not adjusted for seasonal variation»
207
TOTAL CONSUMER CREDIT OUTSTANDING, BY MAJOR PARTS
See p. 202 (Millions of Dollars) Index: Average
NOTE: Installment Credit Single (1935-39 - 200)
End of Total Payment Charge Service Total Con-
Period Consumer Total Sale Credit Loans Loans Accounts Credit sumer Credit
Credit Dotal Auto- V 2/ * Not *
mobile Other Adjusted Adjusted
1945 $ 6,73h $2,365 $ 903 $ 227 $ 676 $1,462 $ 1,616 $ 1,981 $ 772 101 105
Jan. 5,486 1,972 777 192 585 1,195 1,246 1,534 734 85 86
Feb. 5,343 1,928 741 186 555 1,187 1,239 1,438 738 85 84
March 5,606 1,952 731 184 547 1,221 1,244 1,669 741 89 88
April 5,483 1,947 723 184 539 1,224 1,288 1,506 742 86 86
May 5,541 1,961 718 184 534 1,243 1,348 1,488 744 87 87
June 5,697 1,987 719 188 531 1,268 1,420 1,544 746 89 89
July 5,654 1,992 712 192 520 1,280 1,452 1,459 751 90 88
Aug. 5,649 1,988 706 196 510 1,282 1,466 1,441 754 90 88
Sept. 5,702 2,010 717 202 515 1,293 1,466 1,470 756 89 89
Oct. 6,000 2,086 754 210 544 1,332 1,490 1,666 758 93 94
Nov. 6,344 2,190/ 805 219 586 1,385 1,556 1,835 763 98 99
Dec. 6,734 2,365 ‘ 903 227 676 1,462 1,616 1,981 772 101 105
w
Jan. 6,505 2,363 877 235 642 1,486 1,659 1,701 782 101 102
Feb. 6,562 2,409 876 245 631 1,533 1,670 1,692 791 104 103
March 6.?7Q 2.516 904 264 640 1.612 1,686 . Ja22L 796 no 109
April
May «0BBMNM» . »I. ■
June --- --------- ------ ------ ------ ---..... . ---....... --- ------ ------ '■ ---*
July ---■ ■ ■ ■ ■■■MB*«»«»
Aug. --- ------
Sept.
Oct. --------- ■■■■■■ 1 ------ ■ ■■■■■Il 1 _______ ------
Nov. ------ --------- «MMMMmm» . ... ■, , . ---...... ■I. ■ . ■ . ■ ....... MMMMM»
Dec. /
w
Jan. ------------ . ........ MMM --------- ------ ------.... . . --- , .. . --------- ------- --- ---
Feb. --------- --------- .1..---.11. _MMa ------ ■ --- ' ■ '■ --- ---------- . --------- --------- --- ---
March --------- ~*- ---~ ------ ------ . . .... , --- ------ ■ ■ ■ --■ ------
April --- »1--- --------- ------ «---^« ------ --------- . ---^---. . ■. -........ ------ ------ ______
May ■■■■Wil •■■■■■■■■» MMM*BBM
June
July MMMM ------ --------- --------- ---------
Aug. ------ Mmaaa -~-. ------ ------
Sspt • --------- ------- ------ 111 1 ■ ■ 1 ■ . ' --------- . .,. „ . . ..■---.„■ --------- ------
Oct. --- ■■■■■ «¡■MMMMP» MMMW ■ ■■■ ■ ■
Nov. --------- •---»»• --------- --------- ------
Dec. ■MMM MMMBMN WMXMB
V Includes repair and modernization loans insured by Federal Housing Administration.
2/ Nonins tai in ent consumer loans (single-payment loans of commercial banks and pawn brokers).
* "Adjusted" and "Not Adjusted" means adjusted or not adjusted for seasonal variation.
SOURCE: Board of Governors of Federal Reserve System
208
NONFARM MORTGAGE RECORDINGS, IOANS AND IHA INSURANCE
NOTE: See p. 202 (Millions of Dollars)
Nonfarm Hane-Adortgage Loans JHA Insurance - Total New & Existing Construction
Year Mortgage made by All Savings Firm Commitments Issued Mortgages Insured
and Recordings and Loan Associations All war Nonwar AH Kama Mortesees War Nonwar
Month of $20,UUU All Home Home Hous- Hous- Hous- Hous-
or Less Purposes Purchase Mortgages ing ing Current Cumulative ing ing
1935 - - $ 561+.0 $ 147.0 $ 170.6 $170.6 $ 93.9 $ 93.9 $ 93.9
1936 755.0 230.1 438.4 --- « 438.4 308.9 402.8 308.9
1937 896.6 326.6 447.5 MB M 447.5 424.4 827.2 424.4
1938 798.0 265.5 647.9 --- _ 647.9 473.2 1,300.4 473.2
1939 ^3,506.6 986.1+ 339.6 737.2 737.2 669.4 1,969.9 669.4
191+0 1+,031.1+ 1,199.6 426.2 876.4 * --- 876.4 736.5 2,706.4 736.5
191+1 1+,732.0 1,378.7 580.5 1,084.8 #146.1) 938.4 890.1 3,596.5 $ 13.4 876.7
191+2 3,91+2.6 1,050.5 573.7 1,081.6 615.0 466.6 958.5 4,555.0 267.0 691.4
191+3 3,861.1+ 1,184.0 802.4 788.2 561.6 226.6 762.2 5,317.1 517.7 244.5
191+1+ l+,610.6 1,454.1 1,064.0 556.8 319.2 237.6 707.4 6,024.6 491.1 216.4
191+5 5,623.2^1,913.7 1,357.6 402.8 111.9 290.9 474.3 6,498.9 255.0 219.3
Jan. 351+.6 102.3 76.5 30.0 13.3 16.7 57.7 6,082.3 38.6 19.1
Feb. 338.7 106.0 78.1 35.0 18.0 17.0 45.5 6,127.8 31.4 14.1
March 1+33.3 H+1.5 105.3 24.1 2.6 21.5 46.4 6,174.2 29.9 16.5
April 1+55.8 153.8 113.7 51.1 29.6 21.5 41.8 6,216.0 26.9 14.9
May 1+87.1+ 163.1 120.2 41.8 16.2 25.7 46.1 6,262.0 23.7 22.4
June 1+87.0 167.3 116.8 38.7 15.1 23.6 39.6 6,301.7 20.4 19.2
July 1+69.3 160.1+ 112.8 29*2 5.7 23.5 37.6 6,339.3 19.1 Iß .6
Aug. 1+89.1+ 173.7 120.6 28.8 4.4 24.4 32.9 6,372.2 15.0 18.0
Sept. 1+61+.2 162.4 II3.I 23.7 1.8 21.9 28.8 6,401.0 12.6 16.1
Oct. 555.9 196.4 135.2 35.1 3.8 31.3 35.1 6,436.1 15.3 19.8
Nov. 560.2 198.2 135.7 32.7 .5 32.2 31.4 6,467.5 10.8 20.7
Dec. 527.4 187.7 129.6 32.6 1.0 31.6 31.4 6,498.9 11.4 20.0
191+6
Jan. 634.1 216.8 KT ' 3B.7 ‘ .....1.7 1 37.1 “SCT 6,537.6 11.3 27.1+
Feb. 618.8 225.5 154.2 34.5 1.2 33.4 31.2 6,568.8 7.5 23.7
March 766.0 300.2 203.0 42.4 1.7 40.7 34.4 6,603.2 6.3 28.1
April 887.3 343.0 _^¿i2- _¿¿il_ •8 44.7 36-6 6,638,8 ____212. -2212.
May
'June
July
Aug.
Sept.
Oct.
Nov.
Dec.
191+7
Jan.
Feb.
March
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
SOURCE: Federal Home Loan Bank Administration and Federal Housing Administration
209
BUSINESS ACTIVITY '
Foreign Trade of the United States
The export and Import series are compiled by the United States Department of Commerce, Bureau of Foreign and Domestic Commerce through April 1941, and by the Bureau of the Census thereafter, and are published monthly in the Survey of Current Business«
Total exports include exports of United States merchandise plus reexports of foreign merchandise.
General imports include merchandise entering consumption channels immediately upon arrival plus entries into bonded warehouses.
Imports for consumption represent merchandise entering consumption channels immediately plus withdrawals from bonded warehouses.
(See 1942 Supplement - Survey of Current Business)
210
FOREIGN IRAK OF THE UNITED STATES EXPORTS AND IMPORTS
NOTE:- See p. 209 (Millions of Dollars)
______Exports__________ Inserts________ Excess of Total
Tear Total United For Exports over
and Including . States Consumption General
Month Reexports 1/ Merchandise General Inports
1910 ♦1,866 ♦1,829 ♦1,563 ♦1,547* ♦303
1911 2,093 2,058 1,532 1,528* 560
1912 2,399 2,363 1,818 1,641« 581
1913 2,484 2,448 1,793 1,775 691
1914 2,114 2,071 1,789 1,771 324
1915 3,555 3,493 1,779 1,779 1,776
1916 5,483 5,423 2,392 2,359 3,091
1917 6,234 6,170 2,952 2,919 3,281
1918 6,149 6,048 3,031 2,952 3,118
1919 7,920 7,750 3,904 3,828 4,016
1920 8,228 8,080 5,278 5,102 2,950
1921 4,485 4,379 2,509 2,557 1,976
1922 3,832 3,765 3,113 3,074 719
1923 4,167 4,091 3,792 3,732 375
1924 ' 4,591 4,498 3,610 3,575 981
1925 4,910 4,819 4,227 4,176 683
1926 4,809 4,712 4,431 4,408 378
1927 4,865 4,759 4,185 4,163 681
1928 • 5,128 5,030 4,091 4,078 1,037
1929 5,241 5,157 4,399 4,339 842
1930 3,843 3,781 3,061 3,114 782
1931 2,424 2,378 2,091 2,088 334
1932 1,611 1,576 1,323 1,325 288
1933 1,675 1,647 1,450 1,433 225
1934 2,133 2,100 1,655 1,636 478
1935 2,283 2,243 2,047 2,039 235
1936 2,456 2,419 2,423 2,424 33
1937 3,349 3,299 3,084 3,010 265
1938 3,094 3,057 1,960 1,950 1,134
1939 3,177 3,123 2,318 2,276 859
1940 4,021 3,934 2,625 2,541 1,396
1941 5,147 5,020 3,345 3,222 1,802
1942 8,080 8,004 2,745 2,769 5,335
1943 12,964 12,841 3,381 3,390 9,583
1944 14,261 14,163 3,921 3,879 10,341
Jan. 1,124 1,116 301 305 823
Feb. 1,107 1,098 314 306 793
Mar. 1,197 1,187 359 357 838
Apr. 1,231 1,221 361 357 869
May 1,455 1,446 386 373 1,069
June 1,297 1,288 332 323 965
July 1,197 1,190 294 290 903
Aug. 1,191 1,184 304 298 887
Sept. 1,194 1,187 282 279 912
Oct. 1,144 1,138 329 332 815
Nov. 1,187 1,178 323 325 863
Dee. 939 930 336 333 603
211
FOREIGN nuns GF THE UNITED STATES EXPORTS AND IMPORTS
-KQTE: See p. 209 (Millions of Dollars)
_______Exports__________ _______Imports________ Excess of Total
Tear Total United For Exports ewer
and Including , States Consumption General
Month Reexports if Merchandise General Imports
1945 ♦9,806 19,589 ♦4,136 ♦4,075 ♦5,670
Jan. 903 896 334 355 569
Feb. 887 878 325 331 561
Mar. 1,030 1,017 365 366 665
Apr. 1,005 987 366 356 639
M*y 1,135 1,119 372 362 763
June 870 848 360 339 5U
July 893 859 356 346 537
Aug. 737 717 360 355 378
Sept. 5U 500 335 329 180
Oct. 455 441 344 344 111
Now. 639 612 ♦ 322 313 317
Dee. 736 715 297 279 439
1946
Jan. 800 780 392 399 403
Feb. 671 651 318 307 353
Mar. 816 789 384 373 432
Apr.
May
June
July
Aug.
Sept.
Oct.
Now.
Deo.
1947
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Now.
Dee.
j/ Beginning with 1941 data include lend-lease exports.
* Data are for fiscal year ending June 30
Source: United States Department of Commerce, Bureau of Foreign and Domestic Commerce
212
NATIONAL PRODUCT AND NATIONAL INCOME
These series are compiled by the Bureau of Foreign and Domestic Commerce, United States Department of Commerce, and are presented periodically in the Survey of Current Business» Some of the series have been compiled from the unpublished data in the files of the Bureau» Comprehensive definitions of the concepts of national product and national income appear in several publications of the Bureau, notably the pamphlet Income in the United States, 1929*37, issued in November 1933, Monthly Income Payments in the United States, 1929*40» and, more recently, in May 1942, March 1943, August 1943, April 1944, and February 1946 issues of the Survey» Abbreviated statements of the concepts are presented below for the overall measures and the components shown in the Handbook»
Gross National Product (or Expenditure)
This series represents the aggregate value of all final products and services, at current market prices, produced by the entire economy and flowing to government and to civilian consumers or retained by business enterprise for use in further production»
Federal, state and local government expenditures:* the value of governmental expenditures for goods and services» War expenditures of the Federal government represent only current output utilization and not the total of war outlays as reported in the Treasury accounting statements» Government expenditures are also broken down into three other groupings, namely: (1) expenditures for goods and services originating in government * payments for interest on government debt and wages and salary for military and civilian government personnel; (2) expenditures for goods and services originating in private industry * the amount spent for purchase or rental of products of private industry and for the services of persons not on government payrolls; and (3) transfer payments * payments not reimbursed by goods and services; i.e., veterans¹ pensions, aid to dependent children, general relief, etc»
Private gross capital formation:* the value of all capital goods purchased by private industry, and the amounts accruing to the national income of the country by the excess of exports over imports» The principal outlays are for (1) construction - which includes all new private construction of factory and public utility property, residences and other property including nonprofit institutions and farm construction; and (2) producers durable equipment - capital purchases of machinery and durable equipment. Other items are the net change in business (and farm) inventories, net exports of goods and services and net exports and monetary use of gold and silver.
213
NATIONAL HRODUCT AND NATIONAL INCOME
Grog# National Product (Continued)
Consumer expenditures for goods:- the aggregate value of current expenditures for all goods, excluding government purchases of consumption goods for use of the armed forces and consumers¹ outlays for purchases of private homes, but including domestic expenditures of soldiers* out of cash pay and allowances» A breakdown of types of goods purchased is shown*
Consumer expenditures for services:- the aggregate value of current purchases of services of persons or things, subject to the same exclusions and inclusions as the series on expenditures for goods* A breakdown of the types of services purchased is shown*
Relation of Gross National Product to National Incane
These series show the items that are subtracted from or added to the gross national product, to pass from the gross national product concept to the national income concept*
The items subtracted are (1) business tax and non-tax liabilities -includes all payments for all forms of taxes, licenses, and other payments by business for government, such as payments for government publications, tuition payments in public schools, etc* (2) depreciation and depletion - the amounts charged for wear and tear and obsolescence of capital assets and depletion of natural resources, (3) other business reserves - reserves for bad debts, insurance, inventory loss, and other contingencies, and (4) capital outlays charged to current expense - payments for durable goods which are essentially capital goods, and so regarded in the G.N*P* concept, but which because of special circumstances are used for only short periods by industry, and hence charged to current expense* (For example, many of the dies and presses in the automobile industry are capable of use for a number of years, but because of style changes, the industry expects to use them only one year, hence charges their total cost to the year in which purchased* On the other hand, in the G.N.P. such purchases are regarded as capital outlays.)
The items added are (1) inventory revaluation adjustment - (Since the G.N.P* concept seeks to measure the actual value of products produced during the year, changes in inventory value due to price changes are disregarded* However, as such changes are regarded as a form of income in industry, the effect of such price changes is included in the national income*) And (2) adjustment for discrepancy - adjustment to make the national income total, as derived from G.N.P*, identical with the total as derived independently* (National income description on p. 221.)
214
GROSS NATIONAL PRODUCT CR EXPENDITURE
NOTE? See p# 212 (Billions of Dollars)
Gross Private consumers* Goods And Services
Year National Government Expenditures for Goods Gross Non- Ser-
Product Or Federal State & Capital Durable durable vi-
Expenditure Total Total War Nonwar Local Formation Total Goods Goods ces
1909 $34.0 42.5 «• * --- MM $6.0 ♦ 25.5
1910 36.7 2.6 --- MB MB MB 7.1 27.0
1911 36.8 2.7 --- * 7.1 27.0
1912 38.5 2.7 M MB --- BM M Ml 5.8 30.0
1913 40.0 2.8 - --- --- - 6.2 31.0 - - M M M M
1914 38.5 2.9 5.8 29.8
1915 42.1 3.0 10.5 28.5
1916 47.8 3.2 9.8 34.8 --- BM
1917 59.5 8.5 10.6 40.4 BM MB
1918 65.5 18.8 --- --- ^ • ^ 44.4 --- --- - - BM MB
1919 77.1 8.6 17.2 51.3
1920 86.2 8.0 18.5 59.7 BM WB
1921 70.3 8.4 --- --- --- --- Mi MB BM BM 9.2 52.7 BM MB BM BM
1922 72.5 8.5 --- BM --- ' --- --- MB MB MB 10.3 53.6 --- W MB MM
1923 84.3 8.7 --- --- MB BM 15.6 60.0 M --- --- --- MM MB
1924 83.4 9.1 » MB 13.3 60.9 •• MB
1925 90.0 9.6 --- OB --- BM --- MM 15.3 65.2 MM MB BM BBB
1926 95.3 9.8 --- --- --- MB --- BM 16.8 68.7 OB --- * MB MB
1927 93.5 10.1 --- --- --- « MB MB 15.2 68.4 MB « BM MB •• mb
1928 95.6. 10.6 * MB --- MB - - 14.9 70.1 --- BM --- --- MB BM
1929 99.4 11.0 $2.7 mb ♦8.3 17.6 70.8 ♦ 9.9 ♦ 36.4 ♦ 24.5
1930 88.2 11.2 2.4 ~ MW MB « 8.8 12.1 64.9 8.1 33.7 23.1
1931 72.1 . 11.5 2.8 *~ MT * MB 8.7 - 6.4 54.2 6.3 27.1 20.8
1932 55.4 10.2 2.4 --- --- MB BM 7.8 2.2 43.0 4.2 20^7 18.1
1933 54.8 9.1 2.6 BM --- BM 6.5 3.3 42,4 3.4 21.9 17.1
1934 63.8 10.8 4.9 BM MB 5.9 5.3 47.7 4.8 25.1 17.8'
1935 70.8 11.9 3.9 --- « MB MB 8.0 6.7 52.2 5.7 27.8 18.7
1936 81.7 12.6 4.6 --- --- BM MB 8.0 10.0 59.1 6.7 32.2 20.2
1937 87.7 13.6 6.1 --- MB MB MB 7.5 11.6 62.5 7.6 33.2 21.7
1938 80.6- 14.4 6.8 7.6 7.7 58.5 6.0 30.7 21.8
1939 ‘88.6 16.0 7.9 ♦1.4 ♦6.5 8.1 10.9 61.7 6.4 32.6 22.7
1940 97.1 16.7 8.8 2.8 6.1 7.9 14.8 65.7 7.4 34.4 23.9
1941 120.2 26.5 18.6 13.3 5.3 7.9 19.1 74.6 9.1 40.1 25.4
1942 152.3 62.7 55.3 50.3 5.0 7.4 7.6 82.0 6.3 47.9 27.8
1943 •187.4 93.5 86.2 81.3 4.9 7.4 2.5 91.3 6.6 55.1 29.7
215
GROSS NATIONAL PRODUCT OR EXPENDITURE
note> see p. 212 ____________________(Billions of Dollars)____________
Gross Government Expenditures for Goods Private Consumers 1 Goods and Services
Tear National And Services Gross Non- Ser-
and Product Or ____Federal_____ State & Capital Durable durable vi-
_Quarter_.Expend it ur e Total Total War Nonwar Local Formation Total Goods Goods ces
Not Adjusted for Seasonal Variation
1944 $197.6 $97.1 $89.5 $ 83.7 $5.7 $7.7 $ 2.0 $ 98.5 $ 6.7 $ 60.0 $31.8
I Qtr. 48.0 24.6 22.6 21.3 1.3 2.0 .9 22.6 1.4 13.4 7.8
II Qtr. 49.3 25.0 23.0 21.6 1.5 2.0 1/ 24.2 1.6 14.7 7.9
III Qtr. 49.3 23.4 21.7 20.3 1.5 1.7 1.2 24.7 1.6 15.1 8.0
IV Qtr. 51.0 24.2 22.1 20.6 1.5 2.0 - .1 26.9 2.1 16.7 8.1
1945 197.3 83.0 75.1 69.0 6.1 7.9 9.4 1C4.9 7.4 64.4 33.1
I Qtr. 49.8 24.0 21.9 20.5 1.4 2.0 1.2 24.7 1.5 15.0 8.2
II Qtr. 51.8 25.1 23.1 21.3 1.7 2.0 1.6 25.0 1.7 14.9 8.U
III Qtr. 48.7 19.5 17.7 16.3 1.4 1.7 3.5 25.7 1.7 15.7 8.3
IV Qtr. 47.0 14.5 12.4 10.8 1.6 2.1 3.1 29.5 2.5 18.8 8.2
1946 _____ :Z
I Qtr. _____ •
II-Qtr. _____
III Qtr. _____
IV Qtr. _____ _ ' ......
1947 _____
I Qtr. _____ ___
II Qtr. _____ _____
III Qtr. _____ ___
IV Qtr. _______
1944 Seasonally Adjusted Annual Rates
I Qtr. 195.4 98.3 90.7 85.2 5.5 7.6 .6 96.4 6.6 58.8 31.0
II Qtr. 197.2 99.0 91.4 86.2 5.1 7.7 1.9 96.4 6.4 58.3 31.6
III Qtr. 198.1 94.7 87.0 81.0 5.9 7.7 3.6 99.8 6.8 60.9 32.1
IV Qtr. 199.8 96.6 88.8 82.5 6.3 7.8 2.0 101.3 7.1 61.8 32.4
1945
I Qtr. 204.5 95.6 87.8 82.2 5.6 7.8 3.9 105.0 7.2 65.2 32.6
II Qtr. 206.3 99.2 91.3 85.3 6.0 7.8 7.1 100.0 6.7 59.5 33.7
III Qtr. 195.7 79.5 71.6 65.2 6.4 7.9 12.5 103.7 7.1 63.3 33.3
IV Qtr. 182.8 57.7 49.8 43.3 6.5 8.0 14.2 110.9 8.4 69.5 33.0
1946
I Qtr. ______
II Qtr. ______
III Qtr. ______
Qtr. ______
1947
I ^r* _____
II Qtr. ______
III Qtr. ______
IV Qtr. ______ --- --- ---
1/ Less than $50,000,000 ' " "'
Source: United States Department of Commerce, Bureau of Foreign and Domestic Commerce
216
TOTAL FEDERAL, STATE AND LOCAL GOVERNMENT EXPENDITURES
NOTEi See p. 212 (Billions of Dollars)
Expenditures for Goods and Services
Year Total Originating Originating Transfer
and Expend!- in in Private Payments
Quarter tures Government Industry
1929 I 11.7 * 6.5 * 5.6 » .7
1930 11.9 6.5 4.7 .7
1931 13.1* 6.6 4.9 1.9
1932 11.5 6.6 3.6 1.3
1933 10.5 6.6 2.5 1.4
1934 12.3 7.7 3.1 1.5
1935 13.7 8.0 3.9 1.8
1936 15.5 9.3 3.3 2.9
1937 15.3 9.1 4.5 1.7
1938 16.8 9.9 4.5 2.4
1939 18.1* 10.0 6.0 2.4
1940 19.3 10.3 6.4 2.6
1941 29.0 11.5 15.0 2.5
191*2 65.1* 16.7 46.0 2.7
191*3 96.7 26.3 67.2 3.2
Not Adjusted for Seasonal Variation
191*1* 102.1* 32.1 65.0 5.3
I Qtr. 25.8 7.5 17.1 1.2
II Qtr. 26.3 8.1 16.9 1.3
in Qtr. 24.7 7.9 15.5 1.3
IV Qtr. 25.6 8.5 15.7 1.4
191*5 91.1 34.6 48.4 8.1
I Qtr. 25.5 8.8 15.2 1.5
n Qtr. 26.8 9.3 15.8 1.7
in Qtr. 21.1* 8.6 10.9 1.9
IV Qtr. 17.5 8.0 6.5 3.0
191*6
I Qtr.
II Qtr.
hi Qtr.
IV Qtr.
191*7
I Qtr.
II Qtr.
III Qtr.
IV Qtr.
Seasonally Adjusted Annual Rates
191*1* I Qtr. 103.0 30.1 68.2 4.7
II Qtr. 104.3 31.6 67.4 5.3
Ill Qtr. 100.1 32.8 61.9 5.4
IV Qtr. 102.3 33.8 62.8 5.7
191*5 I Qtr. 101.6 34.8 60.8 6.0
H Qtr. 106.0 35.9 63.3 6.8
Ill Qtr. 87.1 36.0 43.5 7.6
IV Qtr. 69.7 31.7 26.0 12.0
191*6 I Qtr.
II Qtr.
IH Qtr. ---'
IV qtr.
191*7 I Qtr.
II Qtr.
HI Qtr.
IV Qtr. --- --------- "--- _____
SOURCE: United States Department of Commerce, Bureau of Foreign and Domestic Commerce
217
PRIVATE GROSS CAPITAL FORMATION
NOTE: See p. 212 (Billions of Dollars)
Net Ex- Net Exports
Tear Total Private Construe - Producers Net Change ports of and Monetary
and Gross Capital tion Durable in Business Goods & use of Gold
Quarter Formation Equipment Inventories Services and Silver
1929 $17.6 »8.3 $7.3 $1.6 $.6
1930 12.1 5.6 6.0 -.3 .7
1931 6.4 3.8 4.2 -2.0 •2
1932 2.2 1.8 2.4 -2.3 .2
1933 3.3 1.3 2.1 -.7 •2
1934 5.3 1.6 3.1 -.1 .5
1935 6.7 2.1 4.0 .2 .2
1936 10.0 2.9 5.2 2.2 -.1
1937 11.6 3.7 6.3 1.1 .1
1938 7.7 3.3 , 4.5 -1.3 1.1 $-.2.........
1939 10.9 3.6 5.5 .9 .8 .1
1940 14.8 4.3 6.9 1.8 1.5 • 2
1941 19.1 5.3 8.9 3.5 1.2 .1
1942 7.6 2.9 , 5.1 -.5 -1^ .4
1943 2.5 1.6 3.1 -.6 -1.8 .2
1944 2.0 Not Adjusted for Seasonal Variation -.6 .2
I Qtr. .9 1.6 4.0 -1.7 -.7 -.2
II Qtr. -.1 .4 .9 .2 -.2 .4
Ill Qtr. 9.4 .4 1.0 -.7 -.3 .1
IV Qtr. 1.2 .5 1.1 -.1 .4 .2
1945 1.6 .4 1.0 -1.2 -.4 .3
I Qtr. 3.5 2.7 6.4* V -.2 •2
II Qtr. 3.1 .4 1.3 V .6 .1
Ill Qtr. .6 1.5 -.2 .5 -.1
IV Qtr. .8 1.8 .4 -.i
1946 1.0 1.8 -.2 !
I Qtr. •
II Qtr.
IH Qtr.
IV Qtr.
1947
I Qtr.
II Qtr.
IH Qtr.
IV Qtr.
1944 I Qtr. .6 Seasonally Adjusted Annual Rates -2.4
II. Qtr. 1.9 1.6 3.6 -2.1 -2.7
Ill Qtr. 3.6 1.6 4.0 -1.0 -.9
IV Qtr. 2.0 1.6 4.4 -1.5 -1.2 -
1945 I Qtr. 3.9 1.6 4.0 -2.3 -1.7
II Qtr. 7.1 1.8 5.2 -1.3 -1.0 -.1
Ill Qtr. 12.5 2.3 6.1 -.2 2.5 -.1
IV Qtr. 14.2 2.9 7.0 .2 1.9 -.1
1946 I Qtr. 3.7 7.2 1.6 -.1
II Qtr.
in Qtr. •
IV Qtr.
1947 I Qtr.
II Qtr.
in Qtr.
IV Qtr. - - - -- - -
* Figures for 1945 are based on new sources and are not precisely comparable to prior years.
2/ less than $50 million.
SOURCE: United States Department of Commerce, Bureau of Foreign and Domestic Commerce
218
CONSUMER EXPENDITURES FOR GOODS
NOTE: See p. 212 (Billions of Dollars)
____Durable Goods Nondurable Goods
Year Furniture Other
and Total Total Furnish- Automo- Other Total Food Clothing Tobacco Gaso- Non-
Quarter Goods ings & biles & Durable & Related line durable
Equipment Parts Goods Products & Oil Goods
1939 $ 39.0 $ 6.4 ♦ 3.0 $ 2.3 $ 1.1 $ 32.6 #8.1 $ 6.8 $ 1.8 $ 2.1 ♦ 3.8
1940 41.8 7.4 3.3 2.8 1.2 34.4 19.1 7.1 2.0 2.1 4.1
1941 49.2 9.1 4.3 3.3 1.5 40.1 22.3 8.4 2.2 2.4 4.7
1942 54.2 6.3 3.9 0.6 1.8 47.9 27.9 10.2 2.5 1.9 5.4
1943 61.6 6.6 3.7 0.6 2.2 55.1 32.6 12.2 2.7 1.4 6.1
Mot Adjusted for Seasonal Variation
1944 66.7 6.7 3.8 0.6 2.3 60.0 36.1 13.2 2.8 1.5 6.4
I Qtr. 14.8 1.4 0.8 0.1 0.5 13.4 8.2 2.7 0.7 0.3 1.5
II Qtr. 16.3 1.6 1.0 0.2 0.5 14.7 8.9 3.2 0.7 0.4 1.5
III Qtr. 16.7 1.6 0.9 0.2 0.5 15.1 9.5 3.0 0.7 0.4 1.6
IV Qtr. 18.8 2.1 1.1 0.2 ' 0.8 16.7 9.5 4.3 0.8 0.4 1.8
1945 71.8 7.4 4.2 0.7 2.5 64.4 38.3 14.6 3.1 1.7 6.7
I Qtr. 16.5 1.5 0.9 . o.l- 0.5 15.c 9.0 3.3 0.7 0.4 1.6
II Qtr. 16.6 1.7 l.o 0.2 0.6 14.9 9.0 3.2 0.7 0.4 1.5
III Qtr. 17.4 1.7 0.9 0.2 0.6 15.7 9.7 3.2 0.8 0.4 1.6
IV Qtr. 21.3 2.5 1.4 0.2 0.9 18.8 10.6 4.8 1.0 0.5 1.9
1946
I Qtr.
H Qtr.
HI Qtr. J
IV Qtr.
1947
I Qtr.
II Qtr. __
III Qtr.
IV Qtr. _
Seasonally Adjusted Annual Rates
1944
I Qtr. 65.4 • 6.6 3.7 0.6 2.3 58.8 35.0 13.0 2.9 1.5 6.3
II Qtr. 64.7 6.4 3.6 0.6 2.2 58.3 35.4 12.4 2.7 1.5 6.4
III Qtr. 67.7 6.8 3.8 0.6 2.3 60.9 36.6 13.5 2.8 1.4 6.5
IV Qtr. 68.9 7.1 4.1 0.7 2.3 61.8 37.3 13.8 2.7 1.5 6.5
1945
I Qtr. 72.4 7.2 4.2 0.7 2.4 65.2 38.5 15.5 2.9 1.6 6.7
II Qtr. 66.3 6.7 3.7 0.6 2.5 59.5 35.8 13.0 2.8 1.6 6.4
III Qtr. 70.4 7.1 3.9 0.7 2.6 63.3 37.4 14.5 3.2 1.6 6.6
IV Qtr. 77.9 8.4 5.0 0.8 2.6 69.5 41.5 15.4 3.6 1.9 7.1
1946
I Qtr.
II Qtr.
Ill Qtr. “
IV Qtr. "
1947
I Qtr.
II Qtr.
Ill Qtr. .
IV Qtr. ______ _____ «MMMMMB «MMNMM «MMtaM» «■*"****■ ■'■■■ I» II > ■ -W*-MM» MMM*. MNMM-M» WMWMB
SOURCE: United States Department of Commerce, Bureau of Foreign and Domestic Commerce«
219
CONSUMER EXPENDITURES FOR SERVICES
NOTE: See p. 212 (Billions of Dollars)
lousing House- Other
Year Total excl. Home hold Personal Trans- • Medical Recre- Services Military
and Services Depre- Mainten- Utili- Services porta- Care at ion incl. Personnel
Quarter ciation ance ties tion Gifts Abroad
1939 $22.7 J 7.0 $ 1.4 $ 2.2 $ 1.5 $ 2.4 $ 2.6 » 1.5 $ 4.1
1940 23.9 7.3 1.5 2.3 1.6 2.4 2.8 1.8 4.4 ■--- *
Ml 25.4 7.4 1.5 2.4 1.8 2.6 3.0 1.9 4.7 •• MM
1242 27.8 7.8 1.8 2.6 2.0 3.0 3.3 2.3 4.9 0.1
1943 29.7 8.0 1.9 2.8 2.3 3.3 ' 3.5 2.6 4.9 0.4
Not Adjusted for Seasonal Variation
1944 31.8 8.1 2.5 3.0 2.5 3.6 3.6 2.8 5.0 0.8
I Qtr. 7.8 2.0 0.5 0.8 0.6 0.8 1.0 0.7 1.2 0.2
II Qtr, 7.9 2.0 0.6 0.7 0.6 0.9 0.9 0.7 1.2 0.2
III Qtr. 8.0 2.0 0.7 0.7 0.6 1.0 0.9 0.7 1.3 0.2
IV Qtr. 8.1 2.0 0.6 0.8 0.6 0.9 0.9 0.7 1.3 0.3
1945 33.1 8.2 2.8 3.1 2.6 3.8 3.6 3.0 5.1 1.0
I Qtr. 8.2 2.1 0.7 0.9 0.6 0.9 1.0 0.7 1.3 0.2
II Qtr. 8.4 2.1 0.7 0.8 0.6 0.9 0.9 0.8 1.3 0.4
Ill Qtr. 8.3 2.1 0.7 0.7 0.6 1.0 0.9 0.8 1.3 0.2
IV Qtr. 8.2 2.1 0.7 0.8 0.7 1.0 0.9 0.7 1.3 0.1
1946 --- ---
I Qtr.
H Qtr.
Ill Qtr.
IV Qtr.
1947
I Qtr.
II Qtr.
Ill Qtr.
IV Qtr. Seasonally Adjusted Annual Rates
1944
I Qtr. 31.0 8.0 2.2 2.9 2.4 3.4 3.5 2.8 5.0 0.7
II Qtr. 31.6 8.1 2.5 3.0 2.4 3.6 3.6 2.7 5.0 0.8
in Qtr. 32.1 8.1 2.6 3.0 2.5 3.6 3.6 2.9 5.0 0.8
IV Qtr. 32.4 8.1 2.5 3.0 2.5 3.7 3.6 2.9 5.0 1.1
1945
I Qtr. 32.6 8.2 2.7 3.1 2.6 3.7 3.6 2.8 5.0 0.9
II Qtr. 33.7 8.2 2.7 3.1 2.5 3.8 3.6 3.1 5.0 1.7
Ill Qtr. 33.3 ' 8.2 ' 2.9 3.1 2.6 3.7 3.6 3.2 5.1 0.8
IV Qtr. 33.0 8.2 2.8 3.1 2.7 4.0 3.6 3.0 5.1 0.4
1946
I Qtr. ------ --- ■--- ■ --- - » --- ■ ---* ------
II Qtr.
Ill Qtr. ------ --------- --------- ■ ---■■ ------
IV Qtr.
1947
I Qtr. ------
II Qtr.
Ill Qtr. «WMMM «MMMMMM» «■MMMMVMMM
IV Qtr.
SOURCE: United States Department of Commerce, Bureau of Foreign and Domestic Commerce
220
RELATION OF GROSS NATIONAL PRODUCT TO NATIONAL INCOME
NOTE» See p. 212 (Billions of dollars)
W3t _________ADD:
Year Gross Business Depre- Capital Out- Adjustment
and National Tax and ciation Other lay Charged Inventory for National
Quarter Product Nontax and Business to Current Revaluation Dis- Income
Liabilities Depletion Reserves Expense Adjustment crepancies
1929 $ 99.1+ $ 7.0 ♦ 6.8 $ 1.0 ♦ .8 $ ---.5 $ 83.3
1930 88.2 6.8 6.9 1.1 .8 -3.7 68.9
1931 72.1 6.2 6.7 1.3 .6 -2.8 51+.5
1932 55.1+ 6.1 6.2 1.5 .1+ -1.2 1+0.0
1933 51+.8 6.6 6.0 1.1+ .1+ 1.9 --- 1+2.3
1931+ 63.8 7.5 5.9 1.3 .5 .9 1+9.5
1935 70.8 8.1 5.9 1.1 .6 .6 55.7
1936 81.7 8.8 6.2 1.3 .8 - 0 61+.9
•>
1937 87.7 9.0 6.1 1.0 .8 .7 71.5
1938 80.6 8.3 6.2 .5 -.9 --- 6h.2
1939 88.6 10.1+ 6.2 .8 .7 .1+ $ 0 70.8
191+0 97.1 12.1+ 6.1+ .7 .9 .1+ .1+ 77.6
Ml 120.2 <18.5 7.0 .8 1.3 3.2 1.1 96.9
191+2 152.3 23.1 7.6 .6 1.1 2.1 • 2 122.2
191+3 187.1+ 27.1+ 8.0 .5 .8 .2 -1.5 11+9.1+
191+1+ 197.6 29.7 8.2 .9 - .1 2.2 160.7
I Qtr. 1+8.0 7.0 2.0 .1 • 2 • 2 38.9
II Qtr. 1+9.3 7.1+ 2.0 .1 .2 •i 39.6
Ill Qtr. 1+9.3 7.6 2.0 .1 .2 1+0.2
IV Qtr. 51.0 7.7 2.0 .1 •2 1.0 1+1.9
191+5 197.3 28.6 8.2 .5 1.1 y 2.0 161.0
I Qtr. 1+9.8 7.3 2.0 .1 • 2 .8 1+0.9
II Qtr. 51.8 7.5 2.0 .1 .2 -.6 1+1.3
Ill Qtr. 1+8.7 7.3 2.0 .1 .8 39.8
IV Qtr. 1+7.0 6.5 2.0 .1 .3 1.0 39.0
191+6 --- ---
I Qtr. MM--- - - - - MM---
II Qtr. --------- --------- ------ ------ ------ ------ ------ ------
in Qtr. --------- --------- ■■'■■■ » ------ --------- ---
IV Qtr. --- ---
191+7
I Qtr. ------------ --------- ------- ■" ■ --- ------_ ---
II Qtr. --------- --------- ------ ------ ------ --- ------ ---
Ill Qtr. --------- --- --- ------ ---
IV Qtr. --- --------- a»»» ------ ------ ------ ---
3/ Less than $50 million
SOURCE: United States Department of Commerce, Bureau of Foreign and Domestic Commerce
221
NATIONAL TRODUCT AND NATIONAL INCOME
National Income
The national incone represents the aggregate value of the earnings of the labor and capital resources employed in the productive process, or, in other words, the sun of distributive shares ac-oruing to factors of production, including the net savings of corporations. (See also p. 212)
Total compensation of employees t- that portion of the national incone accruing to employees (before deductions of incone taxes), including salaries and wages both of civilians and the armed forces, work-relief wages, compensation for injuries, pensions granted under formal private plans, and contributions to social security programs.
Net__lncome_o£_2222E211etogg : - that portion of the national incone representing the net Incone of farm operators and Independent business and professional men, before payment of income taxes« Jjjtej^g^jgjgjjet^^ that portion of the national income representing net Interest, rents, and royalties paid to Individuals, after subtraction of expenses and depreciation, and excluding inter-business payments« Savings institutions for this purpose are considered as groups of individuals rather than businesses«
Net^jgorporate^Erofitg»- that portion of the national income representing the net profits of business corporations after the payment of corporate taxes« A fuller explanation of "profits" as used in the national income concept is given in the Handbook section on Industrial Activity, in connection with the table "Corporation Profits". The figures shown in this table differ somewhat from those shown here in connection with the national incomej the figures under "Corporate Profits" are later revisions made independently of national income considerations«
Disposition of the national income:- that part of the national income which does not become part of corporate savings nor is withheld for social security, together with transfer payments, constitute the total income payments received by Individuals« Part of these payments must of course go for taxes« The rest, or the disposable part of the individual*s income, is either expended for consumer goods or saved« The self-explanatory table shows the several items involved in the disposition of the national income.
Income payments to individuals:- income payments to individuals consist of salaries and wages, dividends and interest, rents, royalties, entrepreneurial income, direct relief, social security benefits, and other labor income. In other words, income payments are equal to the total national income plus (1) transfer payments — federal relief and veterans* pensions, state and local government relief, federal contributions to allowances for soldiers* dependents, food stamps and veterans' bonuses, benefit payments under the Social Security Act and Unemployment Compensation Act, the special railroad retirement and unemployment insurance schemes, and retirement payments to Federal, state and local employees — and minus (2) net corporate savings and contributions to social insurance funds«
Salaries_andjragesjₗ_bx_jBajOT_₋com2onent :- These series are part of the salary and wage component, of income payments, described above« They are available on a monthly basis. Information on monthly payrolls secured from the United States Bureau of Labor Statistics, the Interstate Commerce Commission, and other agencies is used in maintaining the series currently« Industry series for which direct payroll data are available account for over 90 percent of total salary and wage payments« In the case of industries for which no direct payrolls data are available, estimates of salaries and wages are based on related series which can be tied in with Census and Social Security benchmark data. The principal components shown are (1) gommodityjjr^^ - including
agriculture, manufacturing, mining, and contract construction. (2) distributive industries - including trade, transportation, electric light and power and manufactûrêT'gâs/OTjïervl^ - including finance, service, communication and miscellaneous industries, (4) government and (5) work relief wages.
222
NATIONAL INCOI®
NOTE j See p. 221 (Billions of Dollars)
C ompensation Net Income of Proprietors Interest
Total Of Employees Agri- Nonagri- and Net Corporate
National Salaries cul- cul- Net Divi- Profits
Year Income Total And tiares Total tural tural Rents Total dends Savings
l°O9 $23.7 $16.4 $6.3 _ _ MB MB $3.8 $2.1 M BM ---
1910 30.4 17.7 mb bo 6.4 --- Ml --- MB 4.0 2.3 BM MB --- MB
1911 30.5 13.0 •M MB 6.3 MB MB MB 4.2 2.0 MB BM MO BM
1912 32.9 19.2 •O ■■ 7.0 MB MB MB BM 4.3 2.5* MB OB BM «.
1913 34.8 20.6 --- --- 7.0 --- --- --- --- 4.5 • 2.3 MB OB MB
1914 33.9 20.2 --- MB 7.1 --- MB _ --- 4.7 1.9 --- --- --- ---
1915 37.0 21.1 MB M 8.1 MB «M --- MB 4.9 2.9 --- MB BM MB
1916 U.S 24.4 --- MB 9.9 --- MB MB 5.2 5.3 --- MB MB BM
1917 53.7 27.9 --- --- 14.0 MB BM MB 5.6 6.1 --- --- MB BO
1918 58.3 35.0 13.3 MB --- --- --- 6.1 3.9 MB _
1919 68.2 38.3 17.0 7.1 5.7
1920 69.5 45.1 --- MB 13.3 MB SB* 7.1 3.9 --- OB --- ---
1921 51.7 36.1 --- « 8.5 «B BBB 7.1 M. BM Ml MB
1922 59.5 37.6 --- --- 10.3 MB MB 7.6 3.9 BM MB MB BM
1923 69.5 44.2 --- --- 12.0 MB MB - . 8.2 5.2
1924 69.1 44.1 12.1 MB MB 8.6 4.3 BM MB MB MB
1925 73.7 45.8 13.7 --- --- MB BM 8.7 5.5 M MB BM MB
1926 76.6 48.8 13.4 BM MB MB BM 8.5 5.8 --- --- BM OB
1927 75.9 49.2 BM 12.8 Mt MB MB MB 8.8 5.1 MB MB * MB
1928 78.7 50.1 - - 13.1 MB M --- --- 9.2 6.3
1929 83.3 53.1 >52.6 13.6 $5.2 $8.5 9.4 7.2 $5.9 $1.3
1930 68.9 48.2 47.6 10.0 3.8 6.3 8.9 1.7 5.6 - 3.9
1931 54.5 40.6 40.0 7.3 2.4 4.8 8.2 1.6 4.3 - 5.9
1932 40.0 31.7 31.0 4.8 1.5 3 »4 7.1 3.6 2.7 “6.4
•1933 42.3 29.8 28.7 6.5 2.2 4.3 6.6 •6 2.2 - 2.8
1934 49.5 34.5 32.6 7.5 2.7 4.9 6.9 .5 2.7 - 2.2
1935 55.7 37.5 35.6 9.5 4.1 5.4 7.1 1.7 2.9 • 1.3
1936 64.9 43.0 40.0 10.9 4.4 6.5 7.3 3.8 4.7 - .9
1937 71.5 48.3 45.0 11.9 5.1 6.8 7.4 3.9 4.7 - .8
1938 64.2 45.1 41.2 10.1 4.0 6.1 7.3 1.7 3.2 - 1.5
1939 70.8 48.1 44.2 11.2 4.3 6.9 7.4 4.2 3.8 .4
1940 77.6 52.3 48.6 12.0 4.4 7.6 7.5 5.8 4.0 1.8
1941 96.9 64.5 60.8 15.8 6.3 9.6 8.0 8.5 4.5 4.0
1942 122.2 84.1 80.8 20.6 9.7 10.9 8.8 8.7 4.3 4.4
1943 149.4 106.3 103.1 23.5 111.9 11.6 9.7 9.8 4.3 5.5
223
NATIONAL INCOLE
NOTE: See p. 221 __________________(Billions of Dollars)__________________________________
Compensation Net Income of Proprietors Interest
Year Total Of Employees Agri- Nonagri- and Net Corporate Profits
and National Salaries cul- cul- Net Divi-
Quarter Income Total And ’"ages Total tural tural Rents Total dends Savings
Not Adjusted for Seasonal Variation
1944 $160.7 $116.0 $112.8 $24.1 $11.8 $12.3 $10.6 $9.9 $4.5 $5.4
I Qtr. 38.9 28.3 27.5 5.6 2.6 3.0 2.5 2.5 .9 1.5
II Qtr. 39.6 28.8 28.0 5.5 2.5 3.0 2.8 2.5 1.1 1.5
III Qtr. 40.2 29.1 28.3 6.0 3.0 3.1 2.6 2.4 1.0 1.4
IV Qtr. 41.9 29.8 29.0 6.9 3.7 3.2 2.7 2.5 1.5 1.0
1945 161.0 114.5 111.4 25.6 12.5 13.1 11.8 9.0 4.5 4.5
I Qtr. 40.9 29.8 29.0 5.7 2.5 3.2 2.9 2.6 1.0 1.6
II Qtr. 41.3 29.8 29.0 5.8 2.6 3.2 3.1 2.6 1.1 1.5
III Qtr. 39.3 28.2 27.5 6.6 3.4 3.2 2.8 2.1 1.0 1.1
IV Qtr. 39.0 26.7 ’26.0 7.5 4.1 3.5 3.0 1.7 1.5 .2
1946 4
I Qtr.
II Qtr. ______ __
III Qtr.
IV Qtr. ______
1947 ________________
I Qtr._________ _______
II Qtr. ______
III Qtr. ______
TV Qtr.
Seasonally Adjusted Annual Rates
1944
I Qtr. 158.8 114.2 111.0 24.3 12.2 12.1 10.4 9.9
II Qtr. 160.2 115.4 112.2 24.2 12.0 12.2 10.6 1C.1
II7 Qtr. 160.4 116.7 113.5 23.3 11.1 12.3 10.6 3.1
IV Qtr. 163.0 117.7 114.5 24.5 11.8 12.7 10.9 9.9
1945
I Qtr. 167.6 119.6 116.4 26.3 13.3 13.0 11.4 10.4
II Qtr. 166.2 118.3 115.1 25.8 13.2 12.6 11.7 10.4
III Qtr. I58.4 113.0 110.0 25.1 12.2 12.9 11^
IV Qtr. I5O.7 105.7 102.7 26.0 12.1 13.9 12.2 6.8
1946
I Qtr. ________
II Qtr. _______
III Qtr. __
IV Qtr. __
1947
I Qtr.
II Qtr. ____
HI Qtr. '
IV Qtr. __
--- ■" ......----------------
1/ Less than $50, 000,000
source. United states Department of Commerce, Sureau of Foreign and Domestic Commerce
22h
DISPOSITION OF NATIONAL INCOME AND INCOME PAYMENTS
NOTE: See p. 221 (Billions of dollars)
ADD: ass: LESS: EQUALS: lESS: EQÙAÏS:
Year Na- Trans- Cor- Contri- Income Personal Taxes and Disposable Con- Net
and tional fer corate butions Payments Non-tax Payments Income of sumer Savings
Quarter Income Pay- Sav- to Social to Indi--- State & Individ- Expend- of Indi-
merits k’ßL- Insurance viduals Total Federal Local uals itures viduals
1929 1 83.3 $.7 $1.2 $ .2 $ 82.6 #3.0 $ 1.3 ♦ 1.7 ♦ 79.6 ♦ 70.8 * 8.8
1930 68.9 .7 -3.9 .2 73.3 2.6 1.0 1.6 70.7 64.9 5.8
1931 54.5 1.9 -5.8 • 2 62.0 2.h .7 1.7 . 59.6 54.2 5.4
1932 ho.o 1.3 -6.h .2 h7.5 1.9 •h 1.5 45.6 43.0 2.6
1933 42.3 l.h -2.8 • 2 46.3 1.8 .5 1.3 44.5 42.4 2.1
193h 49.5 1.5 -2.1 .2 52.9 1.9 •6 1.3 51.0 47.7 3.3
1935 55.7 1.8 -1.3 •2 58.6 2.3 .8 1.5 56.3 52.2 4.1
1936 6h.9 2.9 - .9 .6 68.1 2.9 1.2 1.7 65.2 59.1 6.1
1937 71.5 1.7 - .8 1.7 72.3 3.1 1.4 1.7 69.2 62.5 6.7
1938 6h.2 2.h -1.5 1.9 66.2 3.3 1.6 1.7 62.9 58.5 4.4
1939 70.8 2.h ♦h 2.0 70.8 3.1 1.3 1.9 67.7 61.7 6.0
19hO 77.6 2.6 1.8 2.1 76.2 3.3 1.4 1.9 72.9 65.7 7.3
19hl 96.9 2.5 h.0 2.6 92.7 h.0 2.0 2.0 88.7 74.6 14.2
1942 122.2 2.7 4.4 3.2 117.3 6.7 4.7 2.0 110.6 82.0 28.6
lh9.h 3.2 5.5 3.8 043.1 18.6 16.6 2.0 124.6 91.3 33.3
w 160.7 5.3 5.4 3.9 156.8 19.h 17.4 2.1 137.4 98.5 38.9
I 38.9 1.2 1.5 1.0 37.7 5.7 5.1 .6 32.0 22.6 9.4
II 39.6 1.3 1.5 1.0 38.5 5.8 5.2 .6 32.8 24.2 8.5
hi h0.2 1.3 l.h 1.0 39.2 h.3 4.0 .3 34.8 24.7 10.1
IV 41.9 1.4 1.0 1.0 hl.3 3.6 3.0 .6 37.7 26.9 10.8
1945 161.0 8.1 h.5 3.8 160.7 21.0 18.9 . 2.1 139.7 104.9 ^
I h0.9 1.5 1.6 1.0 39.8 8.7 8.1 .6 31.1 24.7
n 41.3 1.7 1.5 1.0 hO.h 4.9 4.3 .6 35.5 25.0 10.5
in 39.8 1.9 1.1 .9 39.7 3.8 3.5 .3 35.9 25.7 10.2
IV 39.0 3.0 •2 .9 h0.9 3.7 3.0 .6 37.2 29.5 7.7
19h6
I --- ------ - ------ ---__ --- --- •---• ---------„.~
ii ------ _ ------ ------ II ■■■ ---1 --------- ---■ ------ ---■ ■ ---■ ■II .»■■ --------- ■ ■•■---
in ------ ------ ------. ------------ --------- --- ■• --- 1111 ' ---■ ---
IV "■ «_ --- ------- --------- ------ --------- --------- . ______
19h7
I ------- - ------ --------- ------ ------ ---------
ii 1 "■■•■ » ------ _ ------ --- ------ ------ --- . ---_
in ■ * ------ MMM. ■ ■■■ --- --- ------ --- --------- --------- ---------
IV ------ .«_ --------- ------■ - MMMWM» ------ --- ------ . ---
SOURCE: United States Department of Comerce, Bureau of Foreign and Domestic Connie ree
225
DISPOSITION OF INCOME PAYMENTS
Seasonally Adjusted Annual Rates
NOTEs Sæ D. 221 (Billions of dollars)
TËSSt “æïOW" ÏESSi EQUAÏSî
Income Personal Taxes and disposable Con- Net
Quarter Payments to Nontax Payments Income of sumer Savings
Individuals Fédéral State Individ- Expen- of Indi-
Total 1/ & Local, uals ditures viduals
Mb I ♦251*. 8 ♦19.1* ♦ 17.3 #2.1 $135.5 $96.1* ♦39.1
II 156.1 19.1* 17.3 2.1 136.7 96.1* 1*0.3
HI 156.7 19.3 17.2 2.1 137.1* 99.8 37.6
IV 159.1* 19.7 17.6 2.1 139.7 101.3 38.1»
M5 I 163.7 22.1 20.0 2.1 11*1.7 105.0 36.7
II 163.2 21.7 29.5 2.1 11*1.6 100.0 1*1.6
III 158.6 20.6 18.5 2.1 138.0 . 103.7 31*.3
IV 156.9 19.7 17.6 2.1 137.3 110.9 26.1*
191*6 I
II
III
IV -
191*7 I
II
III
IV
V Payments of individual income tax not withheld at source, have been distributed equally over the U quarters of the calendar year.
SOURCE: United States Department of Commerce, Bureau of Foreign and Domestic Commerce
226
INCOME PAYMENTS TO INDIVIDUALS IN THE UNITED STATES
NOTE: See p. 221 (Millions of Dollars)
INCOME PAYMENTS
Tear Total Entrepreneu- Pabilo Other Total Total
and Salaries rial Income Dividends Assistance Agricultu- Nonagricul-
Month and & Net Rents and & Other ral Income tural Income
Wages 1/ & Royalties Interest Relief Payments Payments
1929 Total ' : 1-82,987 : 152,512 117,199 #11,811 #60 # 1,005 #7,781 #71*,806
Mo. Av. 6,882 1*,376 1,1*33 981* 5 81* 61*8 6,234
1930 Total 73,31*6 1*7,602 12,907 11,682 91* 1,061 5,91*0 67,1*06
Mo. Av. 6,112 3,967 1,076 973 8 88 1*95 * 5/617
1931 Total 62,013 1*0,027 9,531 10,237 158 2,060 l*,02i* 57,989
Mo. Av. 5,168 3,336 791* 853 13 172 335 1*,832
1932 Total 1*7,1*11* 31,103 6,320 8,355 326 1,310 2,671* 1*1*,71*0
Mo. Av. 3,951 2,592 527 696 27 109 223 3,728
1933 Total 1*6,271 29,290 8,006 7,303 580 1,092 3,1*1*9 1*2,822
Mo. Av. 3,856 2,1*1*1 667 609 1*8 91 287 3,568
1931* Total 52,916 33,922 9,255 7,901 829 1,009 l*,081 1*8,835
Mo. Av. 1*,1*1D . 2,827 771 658 69 81* 31*0 l*,070
1935 Total 58,563 36,895 11,1*36 8,037 1,099 1,096 5,732 52,831
/ Ifo. AV, l*,88O 3,075 953 670 92 91 1*78 l*,l*03
1936 Total 68,055 1*2,067 13,003 9,785 672 2,528 6,11*2 61,913
Mo. Av. 5,671 3,506 1,081* 815 56 211 512 5,159
1937 Total 72,351 1*6,189 11*, 162 9,891 836 1,273 6,91*8 65,1*03
Mo. Av. 6,029 3,81*9 1,180 821* 70 106 579 5,1*50
1938 Total 66,166 1*2,851 12,369 8,21*0 1,008 1,698 5,751* 60,1*12
Mo. Av. 5,5H* 3,571 1,031 687 81* 11*1 1*80 5,031*
1939 Total 70,829 1*5,658 13,1*1*1 8,891 ' 1,071 1,768 6,050 61*,779
Mo. Av. 5,902 3,805 1,120 71*1 89 11*7 501* 5,398
Aug. 5,1*83 3,710 1,106 1*23 88 156 506 1*,977
19U0 Total 76,237 1*9,700 H*,313 9,175 1,098 1,951 6,159 70,078
Mo. Av. 6,353 1*,H*2 1,193 765 92 163 513 5,81*0
191*1 Total 92,732 61,371* 18,599 9,761 1,112 1,886 8,551 81*,181
Mo. Av. 7,728 5,115 1,550 813 93 .157 713 7,015
Jan. 6,786 1*,1*53 1,285 787 96 165 515 6,271 .
Dec. 9,1*90 5,813 '1,831 1,591* 92 160 903 8,587
19h2 Total 117,285 80,1*07 23,933 9,771 1,061 2,113 12,71*9 101*,536
Mo. Av. 9,771* 6,701 1,991* 811* 88 176 1,062 8,711
May 8,861* 6,355 1,762 1*92 89 166 831 8,033
Sept. 10,659 7,181* 2,290 911* 85 186 1,377 9,282
Oct. 11,053 7,1*91 2,1*95 791* 85 188 1,582 9,h71
191*3 Total 11*3,131* 101,791 27,161 10,389 939 2,85U 15,1*61 127,673
Mo. Av. 11,928 8,1*83 2,263 866 78 238 1,288 10,639
May 11,253 8,328 2,126 1*98 76 225 1,153 10,100
I9IU* Total 156,791* 111,731* 28,017 11,195 91*3 l*,9O5 15,696 11*1,098
Mo. Av, 13,066 9,311 2,335 933 79 1*09 1,308 11,758
Jan, 12,51*1 9,039 2,275 831* 79 311* 1,217 11,321*
Feb. 12,206 9,180 2,137 1*59 79 351 ‘ 1,088 11,118
March 12,979 9,138 2,186 1,161 79 1*15 1,127 13.,852
April 12,582 9,lh5 2,127 811 78 1*21 1,086 11,1*96
May 12,387 9,223 2,175 1*91* 78 1*17 1,11*5 11,21*2
June 13,573 9,31*1* 2,189 1,551* 78 1*08 1,177 12,396
July 12,928 9,281* 2,21*1 911* 78 1*11 1,21*7 11,681
Aug. 12,586 9,301* 2,300 1*86 78 1*18 1,317 11,269
Sept. 13,670 9,375 2,1*71* 1,317 78 1*26 1,1*92 12,178
Oct. 13,681* 9,51*1 2,801 829 79 1*31* 1,807 11,877
Nov. 13,253 9,508 2,716 509 79 1*1*1 1,670 11,583
Dec. 11*,1*05 9,653 2,396 1,827 80 1*1*9 1,323 13,082
227
INCOLE PAYMENTS TO INDIVIDUALS IN THE' UNITED STATES
NOTE: See P« 221 (Millions of Dollars)
INCOME PAYMENTS
Year Entrepreneu- Public Total Total
and Total Salaries rial Income Dividends Assistance Other Agricultu- Nonagricui-
Month and & Net Rents and & Other ral Income turai Income
Wages 1/ & Royalties Interest Relief Payments Payments
19U5 Total $160,773 $110,193 $29,737 $12,223 $ 988 $7,632 $16,658 $ 144,115
Mo« Av. 13,390 9,133 2,478 1,019 82 636 1,388 12,010
Jan« 13,357 9,516 2,369 936 80 456 1,233 12,124
Feb. 12,743 9,526 2,190 490 80 457 1,065 11,678
Mar« 13,686 9,585 2,212 1,344 80 465 1,095 12,591
April 13,194 9,560 2,276 808 80 470 1,207 11,987
May 12,835 9,518 2,252 498 81 486 1,189 11,646
June 14,397 9,572 2,275 1,853 81 616 1,222 13,175
July 13,585 9,445 2,523 955 81 581 1,485 12,100
Aug. 12,674 9,021 2,504 495 82 572 1,474 11,200
Sept. 13,424 8,708 2,586 1,383 83 664 1,556 11,868
Oct. 13,531 8,674 3,042 870 85 860 1,943 11,588
Nov. 13,075 8,543 2,909 535 87 1,001 1,763 11,312
Dec. 14,272 8,525 2,599 2,056 88 1,004 . 1,426 12,846
1946 Total
Mo. Av.
Jan. 01(7 -8.179_- 2.609 1,122 90 1,047 1.328 11.719
Feb. 12,068 8.01(1 2,415 525 995, 1.138 10,930
March 13,086 8,267 2.380 1.362 963 _w 11.977
April
June
July
Aug.
Sept.
Oct.
Nov.
Dec«
1947 Total
Mo« Av. •
Jan«
Feb«
Mar«
Apr« 1
May
June
July
Aug.
Sept«
Oct«
Nov«
Deo«
]/ Includes income in kind as well as in cash« Includes payments made to Federal Civilian and Military Personnel stationed outside the continental United States«
SOURCE: United States Department of Commerce, Bureau of Foreign and Domestic Commerce
228
TOTAL SALARIES AND WAGES BY MAJOR COMPONENTS
NOTE: See P. 221 (Income Payments Series - Millions of Dollars)
Year Commodity Distrib- Work
and Total Producing utive Service Government Relief
Month Industries Industries Industries Wages
1529 Total $52,512 $22,132 $14,232 $11,182 $ 4,966
Mo. Av. 1*,376 1,81*1* 1,186 932 414 •" •»
1930 Total - 1*7,602 18,773 13,215 10,522 5,092 «a ---
Mo. Av. 3,967 1,561* 1,101 877 424 SS *
1931 Total 1*0,027 14,321 11,1*55 9,120 5,072 * 59
Mo. Av. 3,336 1,193 955 760 423 5
1932 Total 31,103 9,696 8,887 7,473 4,915 132
Mo. Av. 2,592 808 741 623 410 il
1933 Total 29,290 9,1*32 8,080 6,734 4,388 656
Mo. Av. 2,1*1*1 786 673 561 366 55
1934 Total 33,922 11,670 9,026 7,283 4,556 1,387
Mo. Av. 2,827 972 752 607 380 116
1935 Total 36,895 13,218 9,681 7,691 4,976 1,329
Mo. Av. 3,075 1,101 807 641 415 111
1936 Total 1*2,067" 15,31*7 10,758 8,403 5,404 2,155
Mo. Av. 3,506 1,279 896 700 450 180
1937 Total 1*6,189 17$8O7 11,866 9,216 5,661 1,639
Mo. Av. 3,81*9 1,1*81* 989 768 472 137
1938 Total 1*2,851 14,781* 11,236 8,807 5,930 2,094
Mo. Av. 3,571 1,232 936 734 494 174
1939 Total 1*5,658 16,475 11,906 - 9,219 6,188 1,870
Mo. Av. 3,805 1,373 992 768 516 . 156
Aug. 3,710 1,403 992 759 421 135
1940 Total 1*9,700 18,920 12,761 9,732 6,710 1,577
Mo. Av. 4,142 1,577 1,063 811 559 131
1941 Total 61,371* 26,458 14,793 10,783 8,127 1,213
Mo. Av. 5,115 2,205 1,233 899 677 301
Jan. 1*,1*53 1,777 1,094 834 617 131
Dec. 5,813 2,508 1,456 970 792 87
191*2 Total 80,1*07 37,897 16,409 11,915 13,596 586
Mo. Av. 6,701 3,158 1,367 993 1,113 49
May 6,355 2,968 1,339 982 1,008 58
Sept. . 7,181* 3,517 1,378 993 1,266 30
Oct. 7,1*91 3,607 1,428 1,016 1,414 26
191*3 Total 101,791 47,453 18,394 13,095 22,791 58
Mo. Av. 8,1*83 3,954 1,533 1,091 1,899 5
May 8,328 3,927 1,487 1,077 1,833 4
191*1* Total 111,731* 48,375 21,031 14,517 27,811 ss aa
Mo. Av. 9,311 4,031 1,753 1,210 2,318 a» sa
Jan. 9,039 4,050 1,645 1,153 2,191 --- «B
Feb. 9,180 4,01*4 1,773 1,168 2,195 è» *
March 9,138 4,009 1,724 1,174 2,231 OB *
April 9,H*5 3,995 1,693 1,183 2,274 «a a»
May 9,223 4,008 1,707 1,212 2,296 ss *
June 9,31*1* 4,051 1,730 1,223 2,340 aa a»
July 9,281* 4,045 1,749 1,241 2,249 sa «a
Aug. 9,301* 4,056 1,759 1,234 2,255 aa a»
Sept. 9,375 4,039 1,755 1,213 2,368 «a V
Oct. 9,51*1 4,066 1,798 1,224 2,453 sa as
Nov. 9,508 4,010 1,808 1,234 2,456 as aa
Dec. 9,653 4,002 1,890 1,258 2,503 as a»
229
TOTAL SAURIES AND WAGES BI MAJOR COMPONENTS
NOTE: See p. 221 (Income Payments Series - Millions < >f Dollars)
I ear Commodity Distrib- Work
and Total Producing utive Service Government Relief
Month Industries Industries Industries Wages
1945 Total $ 110,193 #42,834 $22,573 $15,604 $29,182
Mo. Av. 9,183 3,570 1,881 1,300 2,432
Jan. 9,516 3,954 1,809 1,256 2,497
Feb. 9,526 3,957 1,797 1,267 2,505 --- me
March 9,585 3,944 1,841 1,270 2,530
April 9,560 3,897 1,831 1,264 2,568
May 9,518 3,838 1,831 1,277 2,572 ■B •»
June 9,572 3,831 1,859 1,292 2,590 • *
July 9,445 3,746 1,886 1,314 2,499 ■m e»
Aug. 9,021 3,423 1,862 1,298 2,438 •• MB
Sept. 8,708 3,106 1,890 1,296 2,416 • *
Oct. 8,674 3,048 1,928 1,316 2,382 «■» am
Nov. 8,543 3,044 1,966 1,363 2,170 •» 0»
Dec. 8,525 3,046 2,073 1,391 2,015 --- ---
1946 Total
Mo. Av.
Jan. 2.018 _ 1,396 _11827- •• me
Feb. 8,041 2,897 2,021 1,692 w ■»
March 8,267 2.070 1J63 •» MB
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1947 Total
Mo. Av.
Jan.
Feb.
March
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
SOURCE: United States Department of Commerce, Bureau of Foreign and Domestic Commerce
230
INDEXES OF INCOME PAYMENTS
NOTE*
See p. 221 (Adjusted for Seasonal Variation — 1935-39 = 100)
Total Total Total Total
Year Total Salaries Nonagri- Year Total Salaries Nonagri-
and Income and cultural and Income and cultural
Month Payments Wages Income Month Payments Wages Income
1929 122.9 122.9 122.5 1945 239.3 257.9 236.0
1930 109.2 111.4 110.4 Jan. 241.9 268.6 238.7
1931 92.3 93.7 95.0 Feb. 245.2 269.8 239.6
1932 70.6 72.8 73.3 Mar. 244.1 269.7 239.7
1933 68.9 68.5 70.1 Apr. 242.3 267.5 238.1
May 241.9 265.8 237.7
June 244.6 266.3 241.2
1934 78.8 79.4 80.0 July 243.4 265.5 240.3
1935 87.2 86.3 86.5 Aug. 236.0 254.9 232.7
1936 101.3 98.4 101.4 Sept. 229.0 243.4 226.7
1937 107.7 108.1 107.1 . Oct. 231.4 239.5 229.5
1938 98.5 100.3 98.9 Nov. 235.7 238.5 232.2
Dec. 234.1 236.1 230.5
1939 105.4 106.8 106.1 1946
Aug. 105.8 107.0 106.7 Jan. 231.1 229.3
1940 113.5 116.3 114.8 Feb. 233.5 227.8 ' 226.1
1941 138.0 143.6 137.8 231.7
Jan. 121.3 125.1 122.5 Mar. 232.3 232.4 228.7
Dec. 153.7 162.0 152.1
Apr. --- --- ---------
1942 174.5 188.2 171.2 May
May 167.8 179.6 164.7 June --- ---------
Sept. 182.5 198.3 178.8 July --- ---
Oct. 187.2 204.7 183.6 Aug.
1943 213.0 238.2 209.1
May 209.4 233.0 204.6 Sept.
Oct. --- --- ---
1944 233.3 261.5 231.1 Nov.
Jan. 227.2 255.7 224.2 ------------------ ------ ------
Feb. 232.4 261.1 228.7 1947
Mar. 231.9 258.8 228.7 Jan.
Apr. 231.1 258.3 228.4
May 232.1 259.1 229.2 Feb.
June 233.9 261.7 231.1 Mar.
July 233.2 263.0 232.3 ---------
Aug. 234.0 263.1 232.3 Apr. ---
Sept. 232.5 262.0 231.9 May --- ---
Oct. 235.5 263.4 ' 233.6 June
Nov. 237.5 264.7 235.3 July
Dec. 239.0 266.9 236.9 Aug.
Sept.
Oct. --- ---
Nov. --- --- ---
Dec.
Source: United States Department of Commerce, Bureau of Foreign and Domestic Commerce
231
FEDERAL FISCAL ACTIVITY
Federal Government Receipts and Expenditures
These series are based on data compiled by the United States Treasury Department,and are published in the “Daily Treasury Statement“ and the Bulletin of the Treasury Department«
Budgetary Receipts and Expenditures
These series cover all transactions' — cash, noncash, and bookkeeping — relating to the budget of the United States. They reflect the budgetary position of the Federal Government. The specific series shown in the Handbook are briefly defined as follows:
Gross Receipts:- The total of budgetary receipts from internal revenue, customs and other sources as specified below:
JsiilfS^LJfe vejiue/^JEncq^^ Includes all
income and profits taxes plus unjust enrichment taxes and Victory Taxes. Beginning July 1943, this series includes collections of taxes withheld by employers under the Current Tax Payment Act of 1943.
Paternal Revenue - Other:- Includes employment taxes (social security and railroad retirement taxes), alcoholic beverage taxes, tobacco taxes, manufacturers’ and retailers* excise taxes, estate taxes, and miscellaneous internal revenue. Other Gross Receipts:- Includes customs and the deposits by the War, Navy and Treasury Departments and the United States Maritime Commission resulting from the renegotiation of war contracts, interest on foreign obligations, etc.
Net Receipts:- Equals gross receipts minus the amount transferred to Federal Old-Age and Survivors Insurance Trust Fund.
Total Expenditures:- The total of budgetary expenditures (which excludes expenditures for public debt retirement which are chargeable to the sinking fund, etc. under special provisions of law) as specified below:
War Activities:- Includes expenditures of the War and-Navy Departments and expenditures for miscellaneous war activities of other government departments.
Other Expenditures:- Includes expenditures of the Veterans’ Administration, Works Progress Administration, and the Civilian Conservation Corps; expenditures for public works, aid to agriculture, social security programs; expenditures classified as transfers to trust accounts for government employees retirement and insurance funds; and departmental expenditures not elsewhere classified.
Net Budgetary Deficit:- Equals the difference between total expenditures and net receipts as described above.
232
BUDGETARY RECEIPTS AND EXPENDITURES OF THE FEDERAL GOVERNMENT
NOTE: See p. 231 (Millions of D 0 liars)
Receipts .Expenditures ---
Internal Revenue Other Net Total War All Net
Year Total Total Income & Other Gross Receipts Activ- Other Budgetary
and Gross Profits Internal Receipts ities 1/ Surplus or
Month Receipts Taxes Revenues Deficit (-)
1913 ♦ 724 ♦344 ♦ 35 ♦ 309 ♦ 380 ♦ 724 ♦ 725 ♦ 335 ♦ 389 ♦ 0
1914 735 380 71 309 355 735 735 348 387 0
July 73 32 7 25 41 73 76 n.a» n.a» -3
1915 698 416 80 ‘ 335 282 ' 698 761 344 417 -63
1916 783 513 125 388 270 783 734 337 497 48
1917 1,124 809 360 450 315 1,124 1,978 618 1,360 -853
April 94 65 25 40 29 94 290 n.a* n.a. -196
1918 3,665 3,18b 2,314 872 * 479 3,665 12,697 6,149 6,548 -9,032
Nov# 311 129 29 ICO 182 311 1,935 n.a. n.a. -1,624
1919 5,152 4,315 3,019 1,297 837 5,152 ±8,515 11,011 7,503 -13,363
1920 6,695 5,405 3,945 1,460 1,290 6,695 6,403 2,358 4,045 291
1921 5,625 4,596 3,206 1,390 1,029 5,625 5,116 1,768 3,347 509
1922 \ 4,109 3,213 2,068 1,145 896 4,109 3,373 935 2,438 736
1923 4,007 2,624 1,679 946 1,383 4,007 3,295 730 2,564 713
392h 4,012 2,795 1,842 953 1,217 4,012 3,049 689 2,359 963
1925 3,780 2,589 1,761 829 1,191 3,780 3,063 717 2,346 717
1926 3,963 2,838 1,982 856 1,125 3,963 3,098 677 2,421 865
1927 4,129 2,869 2,225 644 1,260 4,129 2,974 688 2,286 1,155
1928 4,042 2,795 2,174 621 1,247 4,042 3,103 732 2,371 939
1929 4,033 2,938 2,331 607 1,095 4,033 3,299 791 2,508 734
1930 4,178 3,039 2,411 628 1,139 4,178 3,440 839 2,601 738
1931 3,190 2,430 1,860 569 760 3,190 3,652 832 2,819 -462
1932 2,006 1,561 1,057 504 445 2,006 4,535 753 3,782 -2,529
1933 2,080 1,604 746 858 475 2,080 3,864 680 3,184 -1,784
1934 3,116 2,641 818 1,823 475 3,116 6,011 531 5,480. -2,896
1935 3,800 3,278 1,099 2,179 523 3,800 7,010 689 6,321 -3,209
1936 4,116 3,513 1,427 2,086 >603 4,116 8,666 900 7,766 -4,550
1937 5,294 4,597 2,163 2,434 696 5,029 8,177 929 7,248 -3,149
1938 6,242 5,674 2,640 3,034 567 5,855 7,239 1,029 6,210 -1,384
1939 5,668 . 5,161 2,189 2,972 507 5,165 8,707 1,206 7,501 -3,542
1939 5,484 4,943 1,844 3,100 542 4,918 8,885 1,358 7,527 -3,967
Aug., 420 374 37 337 46 372 774 121 653 -402
1940 6,416 5,823 2,367 3,457 593 5,834 9,657 2,777 6,880 -3,823
1941 9,612 8,6hH 4,253 4,385 971 8,849 19,053 12,704 6,349 -10,204
Jan. 372 319 63 257 52 340 1,111 589 522 -771
Dec. 1,214 1,159 767 392 55 1,212 2,542 1,850 692 -1,329
1942 17,388 16,745 11,067 5,680 638 16,403 56,020 49,862 6,158 -39,617
May 764 708 216 492 56 563 3,953 3,560 394 -3,391
Sept. 2,528 2,476 2,126 350 51 2,527 5,931 5,384 546 -3,404
Oct# 648 603 206 398 44 607 5,937 5,481 457 -5,331
1943 35,764 33,130 26,547 6,581 2,636 34,552 88,084 81,860 6,224 -53,530
May 1,742 1,581 940 641 161 1,480 7,435 7,092 343 -5,955
1944 45,709 42,259 34,329 7,932 3,452 44,421 97,158 89,327 7,833 -52,737
Jan# 2,779 2,188 1,727 461 591 2,747 7,570 7,138 431 -4,823
Feb. 2,754 2,464 1,747 717 290 2,503 7,862 7,518 344 -5,359
Mar. 6,576 6,353 5,911 442 223 6,573 8,525 7,726 799 -1,952
Apr. 3,119 2,935 2,475 460 187 3,087 7,859 7,346 513 -4,772
May 3,256 3,024 2,167 857 233 2,950 8,292 7,879 413 -5,342
June 6,249 5,734 5,241 493 514 6,247 8,625 7,567 1,058 -2,378
July 2,212 1,985 1,247 737 227 2,163 8,110 7,201 909 -5,947
Aug. 2,859 2,702 1,552 1,151 157 2,568 8,119 7,571 549 -5,551
Sept. 5,927 5,749 5,174 575 178 5,926 7,930 6,998 932 -2,004
Oct. 2,054 1,880 1,240 640 174 2,001 8,024 7,479 545 -6,023
Nov. 2,506 2,300 1,501 800 205 2,240 7,828 7,421 427 -5,587
Dec# 5,418 4,945 4,347 599 473 5,416 8,416 7,503 913 -2,999
233
BUDGETARY RECEIPTS AND EXPENDITURES OF THE FEDERAL GOVERNMENT
NOTE* See p» 231 (Millions of Dollars)_____________________
Receipts Expenditures
Internal Revenue____ Other Net Total War All Net
Year Total Total Income & Other Gross Receipts Activ- Other Budgetary
and Gross Profits Internal Receipts ities 1/ Surplus or
Month Receipts Taxes Revenues Deficit (-)
1945 $47,302 $ 43,233 * 34,212 $ 9,021 $4,069 $46,046 $90,552 $78,556 $ 11,995 $-44,505
Jan. 3,587 3,042 2,422 621 545 3,556 8,202 7,551 650 -4,645
Feb. 3,987 3,815 2,922 893 172 3,767 7,460 6,948 511 -3,693
Mar. 6,908 6,431 5,818 613 477 6,892 9,433 8,246 1,187 -2,540
April 2,967 2,746 2,167 579 221 2,929 7,968 7,139 830 -5,040
May 3,398 2,921 2,027 894 477 3,085 9,275 8,156 1,118 -6,190
June 5,916 4,384 4,757 627 531 5,914 9,641 7,837 1,804 -3,727
July 2,754 2,527 1,743 784 228 2,695 8,557 7,325 1,232 -5,862
Aug. 3,281 2,849 1,665 1,183 432 2,997 7,354 6,399 955 -4,357
Sept. 5,192 4,847 4,208 639 345 5,189 6,611 5,367 1,244 -1,422
Oct. 2,581 2,340 1,593 747 241 2,530 5,950 5,126 825 -3,420
Nov. 2,609 2,383 1,524 859 226 2,374 4,656 4,226 430 -2,282
Dec. 4,122 3,948 3,366 582 174 4,118 5,445 4,245 1,201 -1,327
1946 3.87? Jiltfl ■2.755 696 396 3.81? 3.510 3.1117 1.1175 -J^OLL
Jan. 5.762 3.681» ,2^120. _M 191 3.678 JiM 2,702 808 168
Feb. 5.583 Ju&Ô. ISO 5.71.7 .-2.550. 2.051 1.156
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec. --- --- --- --- --- --- --- --- ---------
1947
Jan. --- --- --- --- --- --- --- --- ---
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1/ For fiscal years 1913-1932 data consist of total expenditures of War and Navy Departments» For subsequent years, data show United States Treasury Department estimates of total defense expenditures including work done by civilian agencies
Source: United States Treasury Department
23h
FEDERAL FISCAL ACTIVITY
Total Cash Income and. Outgo of the Federal Government
These series reflect the cash position of the Federal Government* and therefore do not agree with the budgetary series on receipts* expenditures, and deficit appearing above in the section on Budgetary Receipts and Expenditures,
The series are intended to show the net flow of cash between the Government and the private economy. They therefore include the cash transactions of both the Treasury and Government corporations and credit agencies. For a detailed explanation of the differences between these series and the budgetary series* see the Treasury Bulletin* February 1939,
Total Cash Income?- Equals the total cash income of the Treasury, including budgetary income, unemployment trust fund deposits by States and the Railroad Retirement Board, other trust accounts^and cash income of Government corporations and credit agencies«
Total Cash Outgo:- Equals the total budgetary cash outgo* the cash outgo of trust funds* the Reconstruction Finance Corporation* Commodity Credit Corporation* other Government corporations and credit agencies, and the redemption of adjusted service bonds.
Excess of Cash Outgo?- Equals the excess cash outgo of the Treasury* including the excess cash outgo of Government corporations and credit agencies.
Public Debt and Guaranteed Obligations of the United States Government«
These series show the total debt of the United States Government and the interest charge thereon. The debt is divided into two categories:
Public debt* so called* consists of the direct borrowing of the United States Treasury; and
Guaranteed obligations* the borrowings of Federal Corporations,
Computed annual interest charge: — Represents annual interest cHargiT'oirTirTjuKsTan^ of the government as of the
date of the report,
235
CASH INCCME AND OUTGO OF THE FEDERAL GOVERNMENT
(Millions of dollars)
Tear Excess of Year Excess of
and Income Outgo Income (/)V and Income Outgo Income (/J^
Month or Outgo Month or Outgo (-)
1931* #3,620 ♦7,600 ♦ -3,980 191*6
1935 . l*,01*7 7,01*5 -2,998
1936 l*,606 8,71*2 -1*,136 Jan. 3,993 5,619 -1,626
1937 7,063 7,391* -331
1938 6,992 8,687 -1.695 Feb. 1*,277 3,907 370
1939 6,551 9,1*83 -2,932
Aug. 589 989 -1*00 March ^¿5o_ Ju2êL 1,789
19 hO 7,569 10,317 -2,71*8
April
191*1 10,859 20,81*1 -9,982
Jan. 1*75 1>179 -701*
May
Dec. 1,288 2,778 -1,1*90
191*2 19,257 57,959 -38,701
June
May 1,036 l*,l*70 -3,1*31*
Sept. 2,621 5,989 -3,368
July
Oct. 770 6,203 -5,1*31*
19h3 38,21*6 89,331* -51,089
May 2,098 7,1*1*9 -5,352 Aug.
191*1* 1*8,885 95,1*1*9 -4*6,565 Sept.
Jan. 2,91*5 7,567 -4*,623
Feb. 3,133 8,032 •4*,899 Oct.
March 6,702 8,575 -1,873
April 3,358 7,709 -4*,351 Nov.
May 3,686 8,061 4*,375 •
June 6,381* 8,530 -2,11*6 Dec.
July 2,392 7,301 -4*,909
Aug. 3,313 8,221 -I*,908
Sept. 6,099 7,770 -1,671 191*7
Oct. 2,301* 7,978 -5,671*
Nov. 2,965 7,1*61 -4*,1*96 Jan. -
Dec. 5,601* 8,21*1* -2,61*0
Feb.
191*5 51,376 87,906 . -36,530
Jan. 3,800 7,805 -4*,ool* March
Feb. l*,l*00 7,21*3 -2,81*2
March 7,168 8,953 -1,786 April
April 3,225 7,826 -l*,601
May 8,1*91* -4*,587 May
3,908 8,967 1 -2,823
June 6,151*
July 3,012 8,000 ■4*,988 June
Aug. 3,713 7,855 -1*,11*2
Sept. 5,597 6,650 -1,053 July
Oct. 2,905 6,007 -3,101
Nov. 3,087 l*,8O9 -1,722 Aug.
Dec. l*,l*07 5,299 -892
Sept.
Oct.
Nov.
Dec.
1J TJl 11 not always equal income minus outgo because of rounding.
SOURCES United States Treasury Department
236
PUBLIC DEBT AND GUARANTEED OBLIGATIONS OF THE UNITED STATES GOVERNMENT
HOffi SM p, 234 (Millions of dollars)
Public Debt Guaranteed Obligations ~
End of Total T&iteresrt Bearing Compute!
Tear or Gross Non- Computed Interest Annual
Month Debt Interest Amount Annual In- Bearing Matured Interest*
Bearing terest Charge Charge^/
-------------------- - Fiscal Years ----------------------#23 23 - - -
23 - - -
23 - - -
1923 $1,193 $227 »966
1914 1,188 220 968
1915 1,191 222 970
1916 1,225 254 972
1917 2,976 263 2,713
1917 - April 1,544 256 1,288
1918 12,244 258 11,986
1918 - Nov. 19,438 287 19,151
1919 25,482 248 25,234
1920 24,299 237 24,063
1921 23,977 239 23,739
1922 22,963 253 22,710
1923 22,350 343 22,007
1924 21,251 270 20,981
1925 20,516 305 20,211
1926 19,643 259 19,384
1927 18,512 259 18,253
1928 17,604 287 17,318
1929 16,931 292 16,639
1930 16,185 263 15,922
1931 16,801 282 16,520
1932 19,487 326 19,161
1933 22,539 381 22,158
1934 27,734 573 26,480
1935 32,824 1,056 27,645
1936 38,497 790 32,989
1937 t 41,090 625 35,800
1938 42,018 589 36,576
1939 45,891 554 39,886
1939 - Aug. 46,380 540 40,351
1939 - Dec. 47,645 496 41,445
194o - Dec. 50,941 566 44,458
1941 - Jan. 51,792 556 45,320
1941 - Dec. 64,262 487 57,451
1942 - May 74,258 462 68,108
1942 - Sept. 91,058 636 85,847
1942 - Oct. 97,169 639 92,265
1942 - Dec. 112,471 862 107,308
1943 - May 140,003 1,238 134,675
1943 - Dec. 170,108 1,370 164,508
1944 - Jan. 174,933 3,615 167,043
- Feb. 187,339 1,398 181,709
- Mar. 186,993 1,367 183,348
- April 187,241 1,554 183,413
- May 188,035 1,492 184,874
- June 202,626 1,460 199,543
- July 210,138 1,456 207,117
- Aug. 211,369 1,514 208,289
- Sept. 211,064 1,646 207,850
- Oct. 211,807 1,636 208,608
- Nov. 216,537 4,230 210,774
- Dec. 232,144 1,739 228,891
84 a» e»
33 ■» ••
469 •*
785 V»
1,054 --- --- ---
1,017
1,030
963
927
877
830
. 793 *
723 «»
671
657 --- --- ---
606
589
672
742
842 ♦ 681 ♦ 28
751 4,123 112
838 4,718 125
924 4,665 $ 0 123
947 4,853 0 121
1,037 5,450 1 112
Years - - - -
1,051 5,489 0 203
1,077 5,621 83 206
1,141 5,901 16 111
1,152 5,901 11» 111
1,384 6,317 7 119
1,600 5,667 21 206
1,853 4,552 22 84
1,961» 4,243 22 81
2,210 4,283 18 82
2,683 4,082 9 80
3,217 4,225 6 81
3,273 4,269 6 82
3,544 4,227 6 82
3,567 2,258 20 34
3,573 2,258 16 34
3,598 1,529 140 20
3,849 1,516 107 20
3,990 1,468 97 19
4,015 1,475 92 20
4,026 1,480 88 20
4,041 1,480 83 20
4,073 1,470 63 20
4,393 1,470 44 20
237
PUBLIC DEBT AMD GUARANTEED OBLIGATIONS OF THE UNITED STATES GOVERNMENT
NOTE: See p. 234 (Millions of dollars)
Public Debt Guaranteed Obligations
End of Total Interest Bearing Computed
Year or Gross Non- Computed Interest Annual
Month Debt Interest Amount Annual In- Bearing Matured Interest
Bearing terest Charge (Chargel/
1945 - Jan. $233,938 $1,736 $230,672 $4,437 $ 1,496 $34 $20
- Feb. 234,851 1,853 231,854 4,465 1,114 30 16
- ¡larch 235,094 1,923 232,026 4,472 1,119 25 16
- April 236,224 2,006 233,063 4,496 1,332 23 16
- May 240,003 3,070 235,761 4,553 1,151 20 17
- June 259,115 2,326 256,357 4,964 409 24 5
- July 262,550 2,264 259,781 5,048 484 21 6
- Aug. 263,535 2,255 260,746 5,071 515 19 6
- Sept. 262,565 2,391 259,630 5,044 527 18 7
- Oct. 262,376 2,378 259,439 5,045 541 17 7
- Nov. 265,894 2,493 262,849 5,126 536 16 7
- Dec. 278,682 2,421 275,694 5,416 553 15 7
1946 - Jan. - 279.445 1,431 277,456 5,465 ---&5_ 13 7
- Feb. 279,764 _i^oi_ 277,912 - 5.479 539 12
- March 276,565. 1,263 274,74g JÄ . 542 11
- April
v May
- June
- July
- Aug.
--- Sept.
- Oct.
- Nov.
- Dec.
1947 - Jan.
- Feb.
- March
- April -
- May
- June
- July
- Aug.
- Sept.
- Oct.
- Nov.
- Dec. --------------- ------ ------ ------ ------
1/ Partly estimated
SOURCE: United States Treasury Department
238
FEDERAL FISCAL ACTIVITY
United States Savings Bonds, Sales and Redemption» by Serie»
Series are shown separately for the following types of bonds* which have been on sale since May 1» 1941:
Serie# 1 bond»:- 10~year discount bonds sold at 75 percent of maturity value, yielding 2.90 percent per annum if held to maturity; purchases are limited to $3,750 issue price in any one calendar year and may be made only by individuals;
3»ri»» ? bond»:- 12~year discount bonds sold at 75 percent of maturity value* yielding 2,53 percent per annum if held to maturity^ and
Series G bonds:- 12-year current income bonds, sold at par* bearing interest at the rate of 2.50 percent per annum, redeemable at par on maturity, or at stated prices less than par before maturity.
Purchases of Series F and G bonds in any one calendar year are limited to $100,000 issue price for the two series combined ($50,000 in the calendar year 1941) and may be made by any investor other than commercial banks*
239
SALES AND REDEMPTIONS OF UNITED STATED SAVINGS BONDS
(Millions of Dollars)
Series E Series F Series G
Year Total Total Total
and Gross Redemp- Out- Gross Redemp- Out- Gross Redenp- Out-
Month Sales tions standing Sales tions standing Sales tions standing
2/ J/
1941 1/ $ 1,144.7 $ 11.1 $ 1,133.6 $ 207.7 $ .4 $ 207.3$1,184.9 $ 2.1 $ 1,182.8
May " 100.6 * 100.6 37.8 0 37.8 211.4 0 211.4
Dec. 341.1 3.1 1,133.6 33.3 .2 207.3 154.2 .7 1,182.8
1942 5,988.8 209.2 6,923.2 652.0 7.0 853.9 2,516.1 29.3 3,669.5
May 421.8 10.4 3,248.9 42.5 .5 458.4 170.1 2.3 2,256.9
Sept. 509.9 22.5 5,088.8 60.8 .6 684.0 184.0 2.8 3,099.7
Oct. 664.8 28.1 5,726.3 60.6 .9 744.2 209.6 3.2 3,306.1
1943 10,344.4 1,380.2 15,957.2 745.1 34.8 1,568.7 2,639.9 88.9 6,220.5
May 995.2 86.5 10,709.0 85.9 2.8 1,209.5 253.9 ' 8.2 4,982.0
1944 13,379.9 3,004.6 25,514.5 772.8 77.2 2,277.6 2,891.4 181.3 8,930.6
1945 9,822.1 4,962.9 30,726.7 595.2 105.5 2,792.7 2,519.7 264.1 11,186.3
Jan. 803.8 305.9 26,041.9 . 42.0 7.4 2,314.6 228.3 20.1 9,138.8
Feb. 653.2 290.5 26,428.0 30.7 8.6 2,338.0 164.1 18.0 9,284.9
March 712.1 406.4 26,760.2 26.5 9.1 2,357.3 150.5 22.4 9,412.9
April 684.4 358.7 27,109.3 23.1 5.8 2,376.3 130.1 16.6 9,526.4
May 1,194.7 375.9 27,948.5 62.9 7.7 2,433.3 282.4 20.6 9,788.2
June 1,467.7 351.9 29,097.1 178.0 8.9 2,604.4 532.4 21.8 10,298.8
July 1,031.8 375.4 29,790.9 47.4 8.4 2,646.6 215.3 22.2 10,491.8
Aug. 571.3 485.0 29,904.8 21.6 8.2 2,661.7 106.8 21.9 10,576.7
Sept. 420.1 466.6 .29,869.3 17.8 8.0 2,673.8 76.3 19.8 10,633.2
Oct. 509.7 562.3 29,844.4 7.9 9.8 2,674.1 106.8 23.5 10,716.6
Nov. 865.0 474.4 30,263.3 53.8 10.0 2,720.0 264.8 26.2 10,955.2
Dec. 908.2 489.8 30,726.7 83.3 13.5 2,792.7 262.0 30.9 11,186.3
1946
Jan. 640.9 541.2 30,870.3 40.3 13.6 2,823.5 278.4 32.5 11,432.1
Feb. 367.0 492.2 30,777.8 30.3 14.8 2,841.1 225.2 29.7 11,627.6
March 371.3 550.2 30,634.6 27.1 16.4 2,854.8 228.0 37.1 11,818.4
April 387.8 545.8 30,512.7 29.5 13.3 2,873.6 250.5 30.7 12,038.2
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1947
Jan.
Feb.
March
April
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
* Less than $50.000.
1/ Total for 8 months only. 3/ Including interest accrued.
2/ Total funds received. y End of Year or Month.
SOURCE: United States Treasury Department
2hO
SOCIAL SECURITY ACTIVITY
These series are cospiled by the Social Security Board from the statistical data developed as a byproduct of the administration of the various social insurance and public assistance programs under the Social Security Act and under other government social insurance and related programs» Historical data are published annually in the Social Security Yearbook; current data are published monthly in ^e Social Security Bulletin»
Persons who use these series are advised to acquire a broad knowledge of the Social Security Act and related legislation» By all means, they should first refer to the general descriptions and discussions of the series as presented in the Social Security Yearbook» despite the fact that the tables shown in this Handbook are, together with the footnotes, almost completely self-explanatory. The general explanations and footnotes to the tables included herein follows
Amount of Benefits Under Selected Social Insurance and Related Programs:- Benefits are defined as payments to individuals: amounts certified, under the Social Security and Railroad Retirement Acts (including retroactive payments) and the Railroad Unemployment Insurance Act; disbursements minus cancellations, under Civil Service Commission and Veterans Administration programs; checks issued by State agencies, under State unemployment insurance and Rhode Island sickness compensation programs and under the Servicemen’s Readjustment Act»
Footnotes to the table: 1/ Old-age retirement benefits under all acts, disability retirement benefits under the Railroad Retirement and Civil Service Retirement Acts, and disability payments to veterans.
2/ Primary and wife’s benefits and benefits to children of primary beneficiaries» Partly estimated»
¿/ Age and disability annuitants and pensioners as of 20th of month» Payments represent amounts certified, minus cancellations. Widows receiving both survivor and death-benefit annuities are counted twice, but 2 or more individuals sharing 1 death-benefit annuity are counted as 1» Monthly payments to survivors include annuities to widows under joint and survivor elections and 12—month death-benefit annuities to widows and next of kin.
4/ Retirement and disability benefits include survivor benefits under joint and survivor elections; not adjusted for suspension of annuities of persons reemployed under the National Defense Acts of June 28, 1940, and Jan. 24, 1942. Payments principally from civil-service retirement and disability fund but also include payments from Canal Zone and Alaska Railroad retirement and disability funds administered by Civil Service Commission» Monthly retirement payments include accrued
2hl
SOCIAL SECURITY ACTIVITY
Amount of Benefits Under Selected Social Insurance and Related Programs ¿(cont’d*)
annuities to date of death paid to survivors. Refunds to employees leaving the service are not included but will be summarised twice a year in the Bulletin.
¿/ Veterans’ pensions and compensation.
6/ Widow’s, widow’s current, parent’s, and child’s benefits« Partly estimated.
2/ Payments to widows, parents, and children of deceased veterans«
8/ Number of decedents on whose account lump-sum payments were made, and amount of such payments«
2/ Payments for burial of deceased veterans«
10/ Number represents average weekly number of beneficiaries« Annual amounts adjusted for voided benefit cheeks; monthly amounts not adjusted« State unemployment compensation data for January 1946 partly estimated«
11/ Readjustment allowances to unemployed veterans only« Number represents average weekly number of veterans paid readjustment allowances during weeks ended in the month« Amounts before July 1945 represent payments during weeks ended in the month; for July and subsequent months, payments are on calendar-month basis« Payments for December 1945 and January 1946 partly estimated«
12/ Number represents average number of persons receiving benefits for unemployment in a 14-day registration period. Annual amounts adjusted for under-payments and recoveries of overpayments; monthly figures not adjusted«
12/ Number of veterans and amount paid during month
Number of Beneficidaries Under Selected Social Insurance and Related Programs: - The note and footnotes to^this table are Identical wTEH”TFios€r3jnn^ above, for the table on benefit payments«
tiW’KX < > 4ti — — I ti
242
AMOUNT OF BENEFITS UNDER SELECTED SOCIAL INSURANCE AND RELATED PROGRAMS*
NOTE: See p. 240 (Thousands of Dollars)
Retirement, bisability and Survivor Programs
ivors Benefits
Monthly Retirement and Disability Benefits 1/ Monthly
Year Civil Veter- Veter-
and Total Rail- Serv- ans Rail- ans
Month Social road ice Ad- Social road Ad-
Secu- Retire- Com- minis- Secu- Retire- minis-
rity ment mis- tra- rity ment tra-
Act 2/ Act 3/ sion 4/ tion 5/ Act 6/ Act 3/ tion 7/
1936 $ 458,896 $ 683 $51,630 $299,001 $ 2 $ 99,992
1937 501,664 * «• 40,001 53,694 299,660 --- » 444 96,370
1938 969,600 * _ 96,766 56,118 301,277 --- «9 .1,383 101,492
1939 1,043,089 --- --- 107,282 58,331 307,512 --- --- 1,451 109,192
1940 1,188,702 $ 21,074 114,166 62,019 317,851 $ 7,784 1,448 105,69 6
Ml 1,085,488 55,141 119,912 64,933 320,561 25,454 1,559 111,799
M2 1,130,721 80,305 122,806 68,115 325,265 41,702 1,603 111,193
19113 921,463 97,257 125,795 72,961 331,350 57,763 1,704 116,133
Mil 1,119,684 119,009 129,707 78,081 456,279 76,942 1,765 144,302
1945 2,067,365 157,392 137,140 85,742 697,788 104,232 1,772 254,593
Jan. 111,997 11,257 11,065 6,856 46,993 7,507 143 13,891
Feb. 112,099 11,548 11,184 6,810 46,971 7,755 143 14,404
Mar. 119,752 11,925 11,253 6,962 49,039 8,094 146 16,042
Apr. 121,845 12,155 11,270 6,974 50,306 8,297 151 18,450
May 129,463 12,450 11,247 7,119 • 51,950 8,478 147 22,085
June 136,847 12,701 11,379 7,137 54,804 8,707 152 22,613
July 145,207 12,974 11,448 7,220 57,228 8,773 148 23,492
Aug. 152,765 13,348 11,484 7,263 59,483 8,889 149 23,450
Sept. 191,492 13,666 11,559 7,246 63,558 9,005 150 23,164
Oct, 265,150 14,599 11,630 7,337 69,602 9,415 148 25,511
Nov. 279,640 15,221 11,757 7,377 71,174 9,621 147 24,292
Dec. 303,478 15,548 11,864 7,440 76,680 9,690 149 27,200
1946
Jan. 380,581 16,329 11,997 7,542 80,183 9,943 150 26,511
Feb. 411,740 16,973 12,085 7,560 89,000 10,093 149 29,500
Mar. 17,797 12,238 93,325 10,414 150 30,000
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov,
Dec.
1947
Jan.
Feb.
Mar.
Apr.
May *
June
July
Aug.
Sept.
Oct,
Nov,
Dec. ........ ...-,,.... --- -------------- ------------ --- ------------
See Footnotes and Sources on page 240.
AMOUNT OF BENEFITS UNDER SELECTED SOCIAL INSURANCE AND REIATED PROGRAMS, CONT'D.*
NOTE: Se se p. 24O (Thousands of Dollars)
Retirement, Disability and Survivor Programs unemployment Insurance
Survivor Benefits Programs Payments
Lump-Sum b/ STaT© "Hall-' to Self-
Rhode Unem- Serv- road employed
Tear Civil Veter- Island ploy- ice- Unem- Veterans
and Rail- Serv- ans Sick- ment men's ploy under
Month Social road ice Ad- ne ss Cora- Read- ment the Serv-
Secu- Retire« ■ Com- minis- Can--- pensa- just- Insur--- icemen's
rity ment mis- tra- pensai tion ment ance Read-
Act Act 3/ sion y tion 9/ tion 10/ Laws 10/ Act iy Act 12/ justment
Act 13/.
1936 cm $ 4,062 $ 3,395 * MB $ 131
1937 $ 1,278 - •• 4,401 3,684 --- mb 2,132 MB MB CM MB MB MB
1938 10,478 $ 291 4,604 3,405 ch OB 393,786 MB CM CM * --- MB
1939 13,896 1,926 4,952 3,553 --- cm 429,298 MB MB I 5,696 MB BM
1940 11,736 2,497 5,810 3,960 * * 518,700 --- CM 15,961 --- MB
1941 13,328 3,421 6,170 4,352 --- --- 344,321 --- CM 14,537 MB *
1942 15,038 4,114 6,108 4,120 cm mb 344,084 BO CM 6,268 MB MB
1943 17,830 5,560 7,344 4,350 $ 2,857 79,643 M» * 917 CM CM
1944 22,146 6,591 7,863 4,784 5,035 62,385 $ 4,113 582 $ 102
1945 26,136 8,138 10,244 5,007 4,669 445,866 114,612 2,359 11,675
Jan» 2,18? 599 830 371 318 7,299 2,442 111 126
Feb. 2,131 534 788 319 290 6,435 2,413 98 225
Mar. 2,63h 764 1,257 .388 362 7,242 3,139 100 404
Apr. 2,370 748 968 363 387 6,179 2,540 63 623
May 2,563 874 1,102 438 524 7,044 2,501 45 897
June 2,3h6 716 956 462 517 9,686 3,572 42 1,059
July 2,033 649 928 469 469 14,352 3,778 35 1,210
Aug. 2,021 693 842 461 425 17,948 5,013 72 1,223
Sept. 1,697 736 672 453 367 50,439 7,457 118 1,205
Oct. 2,432 658 835 500 355 106,449 14,088 337 1,254
Nov. 1,811 588 700 4o6 329 108,555 25,770 553 1,338
Dec. 1,857 578 366 377 317 106,624 41,900 777 2,111
19b6
Jan. '2,539 812’ ”1',T9‘6 Wüst ’3#" ■133,246' ‘ 83,352' ~T,351’ "T,W '
Feb. 2,154 751 908 395 303 121,000 112,195 2,207 6,467
Mar. 2,263 883 525 343 126,000 148,700 3,210 14,627
Apr. --- --- --------- ---
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1947
Jan. --- ---
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
See Footnotes and Sources on page 2h0.
244
NUMBER OF BENEFICIARIES UNDER SEIECTED SOCIAL INSURANCE AND REIATED PROGRAMS * -
NOTE: See p. 241 (Number in Thousands)
Retirement, Disability and Suvivor Programs
Monthly Retirement and Disability Benefits 1/ Survivors Benefits
Monthly
Civil Veter- Veter-
Year Rail- Serv- ans Rail- ans
and Social road ice Ad- Social road Ad-
Month Secu- Retire- Coti- minis- Secu--- Retire- minis-
rity ment mis- tra- rity ment tra-
Act y Act 3/ sion 4/ tion 5/ Act 6/ Act 3/ tion 7/
1938 121.5 2.0
1939 --- MB 136.0 -• ' MB 2.8
1940 150.6 146.0 65.2 --- * 75.1 3.3
1941 271.5 152.9 68.6 •• MB 168.5 3.6
1942 351.8 154.9 72.7 624.1 255.1 3.8 315.9
1943 411.4 159.0 76.8 648.6 344.6 4.1 322.7
1944 508.7 163.5 83.9 955.7 454.3 4.3 372.7
1945
Jan. 522.6 163.9 84.8 982.3 467.0 4.3 380.9
Feb. 533.9 164.9 85.4 1008.1 479.4 4.2 386.3
Mar. 547.1 165.5 86.0 1037.8 494.7 4.3 405.7
Apr. 558.4 166.0 86.6 1070.3 510.0 4.3 459.5
May 570.6 166.4 87.3 1105.6 523.7 4.3 500.9
June 582.0 167.1 88.0 1144.2 537.0 4.4 537.3
July 595.3 167.8 88.8 1194.3 546.8 4.4 570.7
Aug. 609.4 168.5 89.4 1245.8 554.2 4.4 600.8
Sept. 624.4 169.5 89.9 1309.3 564.1 4.4 628.8
Oct. 652.6 170.5 90.9 1389.8 579.8 4.4 656.1
Nov. 677.7 171.8 91.7 1464.8 592.0 4.4 680.2
Dec. 695.9 172.9 92.5 1533.6 601.2 4.4 697.5
1946
Jan. 724.9 174.2 93.7 1620.7 613.8 4.4 725.0
Feb. 750.0 175.7 94.5 1714.5 623.2 4.5 736.9
Mar. 778.7 177.4 1866.5 634.9 4.5 751.0
Apr.
May
June .
July
Aug.
Sept.
Oct.
Nov.
Dec.
1947
Jan.
Feb.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec. ------------
* See Footnotes and Sources on page 241.
245
NUMBER OF BENEFICIARIES UNDER SELECTED SOCIAL INSURANCE AND RELATED PROGRAMS, CONT'D.* NOTE: See p. 241________________________(Number in Thousands)
Retirement, Disability and Survivor Programs Unemployment Insurance Payments
Survivor Benefits Programs _______ to Self-
Lump-Sum b/___________ Stale Rail- employed
Rhode Unem- Serv---- road Veterans
Civil Veter- Island ploy- ice- Unem- under
Year Rail--- Serv- ans Sick--- ment men* s ploy the Serv«
and Social road ice Ad--- ness Com Read--- ment icemen's
Month Secu- Retire- Com- minis- Corn- pensa- just- Insur- Read-
rity ment mis--- tra--- pensa--- tion ment ance justment
Act Act 2/ sion 4/ tion 2/ tion 10/ Laws 10/ Act 11/ Act 12/ Act ¿2/
1938 9.0 1*1»
1939 6.8 .7 - - - - - - 658.3 - - 37.3
1910 7.3 1.0 .6 -- -- 666.6 -- 73*7
1941* 8.2 1.2 .5 - - - - 523.0 - - 22*4
1942 9.7 1.2 .6 3.3 - - 192.6 - - 3.3
1943 10.5 1.2 1.4 3.3 lx.l 61x.lx - - .7
1944 13.0 l.li l.lx 3.6 lx.5 711.9 16.8 1.2 .8
191x5 15.4 1.5 1.5 3.7 li.lx 1011.8 23.7 1.9 1.3
Jan* 15.1x l.lx 1.5 3.1x lx.3 100.1 26.1 1.8 2.2
Feb* 18.7 2.0 2.8 3.8 5.0 103.2 27.8 1.6 li.O
Mar* 17.0 1.9 2.0 3.7 5.3 87.2 28.3 1.2 6.3
Apr* 18.5 2.2 2.3 ix.li 7.2 98.0 28.1 .8 8.9
May 17.0 1.9 2.0 lx.6 7.1 129.h 31.8 .8 10.6
June 14.7 1.7 2.0 4.7 6.b 185.5 38.5 .6 11.9
July llx.7 1.7 1.8 4.7 5.8 230.5 44.1 1.2 12.4
Aug* 12.1 1.8 1.4 4.7 5.0 612.1 73.2 2.1 12.3
Sept* 16.6 1.5 1.7 5.0 4.9 1271.7 122.9 5.8 12.6
Oct* 12.9. 1.4 1.3 4.1 4.5 1313.5 217.7 9.3 13.5
Nov. 13.2 1.3 .7 3.8 4.4 1319.0 405.0 12.7 21.1
Dec*
191x6
Jan. 17.8 1.8 2.6 4.5 4.4 1625.0 695.5 21.9 44.0
Feb. 15.0 1.5 1.7 4.0 4.5 1628.0 1071.1 40.3 63.2
Mar. 15.9 1.8 5.3 4.7 1573.0 1505.1 51.0 141.9
Apr*
May
June
July
Aug*
Sept*
Oct*
Nov*
Dec*
191x7
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
* See Footnotes and Sources on page 241.
2U6
SOCIAL SECURITY ACTIVITY
Old-Age and Survivors Insurance: Summary of Selected Data;-Footnotes to the table: J/^ Cumulative total for 1936-39 excludes 114,000 voided account numbers for which no accounts were established« Excludes numbers under railroad retirement program, totaling about 2.3 million by end of 1944«
2/ Workers with first wage credits in specified year under program. ¿/ Partly estimated; adjusted for workers having more than 1 account« Quarterly data unadjusted for workers employed during quarter but not reported after quarter in which they received their first $3,000 in year.
4/ Not adjusted for nontaxable wages erroneously reported and wages excluded in benefit computations. Wages in excess of $3,000 a year paid to worker by any 1 employer are not taxable. Beginning 1940, all wages in excess of $3,000 a year received by a worker are excluded in benefit computations.
2/ Number of employer returns. A return may relate to more than 1 establishment if employer operates several separate establishments but reports for concern as a whole.
6/ Includes retroactive payments.
2/ Amounts certified in 1937-39 were payments under the 1935 act, i.e., payments with respect to workers who died prior to January 1940 and, through Aug. 9, 1939, payments to workers at age 6 5. Amounts certified in 1940 and later were, in general, payments under the 1939 amendments, i.e., payments with respect to workers who died after December 1939 with no survivor entitled to monthly benefits for month in which worker died. However, the following amounts certified in 1940 and later with respect to workers who died prior to 1940 are included: 1940, $2,831,000; 1941, $180,000; 1942, $79,000; 1943, $32,000; 1944, $22,000.
8/ Total benefits awarded after adjustment for terminations and subsequent changes in number end amount of benefits, cumulative beginning January 1940.
2/ Includes 17,202,000 accounts established in 1936.
10/ Annual figure includes 114,076 accounts established for civilian employees of the War Department and 4,571 additional accounts not included in quarterly data.
Unemployment Compensation: Summary of Selected Data: - Footnotes to TEertahErr'XniTOragerweinny'D^ benefits
during month or year.
2/ Annual amounts, except for 1936 and 1937, adjusted, but monthly figures not adjusted, for voided benefit checks.
3/ Excludes railroads and other groups subject, as of July 1, 1939, to Railroad Unemployment Insurance Act. Data for 19hh estimated.
2U7
SOCIAL SECURITY ACTIVITY
Unemployment Compensation: Summary of Selected Data: - Footnotes to the table: (cont’dT) J
¿/ Annual figures represent average monthly employment; monthly figures, workers in covered employment in last pay period of each type (weekly, semimonthly, etc.) ended in month.
¿/ Total wages in covered employment for all pay periods ended in year or quarter.
6/ Excludes Alaska and Hawaii for 1939-44, and forestry and fishing for 1936-39. Data from War Manpower Commission, Reports and Analysis Service, transferred, with the U.S. Employment Service, to the U.S. Department of Labor, September 19, 1945.
7/ For date benefits first payable in the various States, see the Social Security Bulletin.
8/ Not available.
2/ For 1938 and 1939, represents number of benefit payments. For 1939, includes 43,082 payments resulting from recalculation of weekly benefit amounts in Ohio.
10/ Adjusted to include, for New York, nontaxable wages (wages in excess of $3,000 to an individual for 1 employer).
11/ Includes $1,176,983 resulting from recalculation of weekly benefit amounts in Ohio.
IgZ Includes $104,172 for 1942 and #77,306 for 1943 resulting from review of 1938-41 seasonal claims in Oregon, and $12,000 for 1943 resulting from delayed payments for 1941-42 claims in Colorado; not distributed by month.
Public Assistance; Payments, by Program:- See footnotes on table in the Handbook. ”
Public Assistance; Recipients, by Program;- See footnotes on table in the Handbook.
Financial Operations of Selected Social Insurance Trust Funds:- The data presented in this table are compiled by the Social Security Board from the Daily Statement of the U.S, Treasury. For explanatory notes on the series included, see the footnotes at the close of the table.
OLD-AGE AND SURVIVORS INSURANCE: SUMMARY OF SELECTED DATA*
NOTE: See p. 246
Year Employee New 2/ Workers Taxable Bnp loy- Amount of Benefits Month' ly Benefits
and Accounts En- with Wages 4/ ers Re- Certified (000) in Force at
Quar- fi stab- trants ■"age Cre- Aver- porting Total Month- Lump- End of Period8
ter lished (000) dits Dur- Total age Taxable / ly Bene- sum Monthly
(000) 1/ ing Period (Mil.) per Wages fits 6/ - Pay- Number Amount
(000) 3/ Worker (000) 5, ments 7 7 (000) (000)
1937 37,1392/ 32,904 32,904 $29,615 $ 900 2,421 i J 1,278 $ 1,278
1938 6,304 4,016 31,822 26,502 833 2,239 10,478 --- M 10,478 ■• MB MB BM
1939 5,555 4,507 33,751 29,745 881 2,366 13,896 --- MB 13,896 •• BM BM ---
1940 5,227 4,389 35,393 32,974 932 2,500 40,595 $28,859 11,736 245 $ 4,535
1941 6,678 6,475 40,976 41,763 1,019 2,646 93,923 80,595 13,328 484 8,786
1942 7,638 8,030 46,395 52,939 1,141 2,655 137,045 122,007 15,038 692 12^574
1943 7,426 10/7,554 47,645 62,423 1,310 2,394 172,849 155,019 17,830 885 16,143
1944 4,537 5,169 46,296 64,426 1,392 2,469 218,097 195,951 22,146 1,117 20,445
1945 3,321 3,600 45,751 62,746 1,371 2,614 287,757 261,622 26,135 1,470 27,394
I Q 771 35,715 17,874 500 2,076 65,090 58,085 7,005 1,194 21,889
II Q 973 35,853 17,377 485 2,148 70,068 62,788 7,279 1,285 23,607
III Q 899 35,209 14,957 425 2,215 72,407 66,656 5,751 1,365 25,215
IV Q 679 33,587 12,538 373 2,123 80,191 74,093 6,099 1,470 27,394
M6
III Q . .
IV Q ,____________ _________ ___________
I Q ______ _________
n q
in
IV Q______ ______ _______ _______ _______ ________
* See Footnotes and Sources on page 246 •
249
UNEMPLOYMENT COMPENSATION: SUMMARY OF SEIECTED DATA*
NOTE: See p. 246 (Number in Thousands - - - Amount as Indicated)
Benefit Payments Covered Employment 3/ Employment
Year Initial Number Av. Weekly Number Service: Num-
and Claims of Bene- Total 2/ for Total of Weeks Number of Wages 5/ ber of Non-
Month (Number) ficia- (Thousands) Unemploy- Canpen- Workers 1*/ (Millions) Agricultural
ries 1/ ment sated Placements 6/
1936 7/ $ 131 1*,853
1937 7/ f 2,132 ? 3,11*1*
1938 7/ 9,765 732 393,786 a 10.91* 38,076 /197929 $26,200 10/ 2,657
1939 7/ 9,765 799 1*29,298 11/ 10.66 1*1,551* g / 21,378 29,069 10/ 1*,152
1910 11,110 982 518,700 10.56 51,081* 23,096 32,1*50 3,661
191a 8,527 621 31*1*,321 11.06 32,295 26,811* 1*2,11*6 5,1*01*
191*2 6,321* 51*1 31*1* ,081* 12/ 12.66 28,158 29,31*9 51*,796 6,920
191# 1,881* 115 79,61*3 W 13.81* 6,001* 30,821 66,105 9,393
191*1* 1,503 79 62,385 15.90 1*,121* 30,026 69,121 11,1*1*6
191*5 6,030 1*62 1*1*5,866 18.93 21*,038 27,999 17,090^ 9,808
Jan, 151* 105 7,299 16.71 1*51* 29,175 17,130Ì 1,087
Feb, 109 100 6,1*35 16.65 1*00 29,076 15,717^ 910
Mar, 117 103 7,21*2 16.69 1*1*7 29,122 973
Apr, 153 , 87 6,185 16.85 378 28,951* 926
May 220 98 7,01*1* 17.09 1*25 28,716 952
June 269 129 9,686 17.71* 561 28,632 1,01*2
July 268 185 H*,352 18.28 801* 28,397 1,011*
Aug, 1,230 231 17,91*8 18.39 999 27,91*1* 825
Sept, 1,086 612 50,1*39 19.28 2,652 26,1*51* 611*
Oct, 918 1,272 106,1*1*9 19.51 5,511 26,21*8 601
Nov, 779 1,313 108,555 19.28 5,692 26,1*97 1*81*
Dec, 71*5 1,319 106,621* 18.86 5,716 26,768 380
191*6
Jan, 1,231* 1,615 133,21*6 19.15 7,000 1*12
Feb, 91*6 1,566 116,896 18.80 6,265 359
Mar,
Apr,
May
June
July
Aug.
Sept,
Oct,
Nov,
Dec,
191*7
Jan,
Feb,
Mar,
Apr,
May
June
July
Aug,
Sept,
Oct,
Nov,
Dec,
* See Footnotes and Sources on page 21*6.
250
PUBLIC ASSISTANCE PAYMENTS, BI PROGRAM 1/
NOTES See p. 247
Total Payments (Thousands of. Dollars) Average Monthly Payments 2/
Tear Old-Age Aid to Aid to General Old-Age Aid to Aid to General
and Total Assist- Dependent the Assist- Assist- Dependent . the Assist-
Month ance Children Blind ance ance Children 2/Blind ance 4/
1936 $656,712 $155,241 $49,654 $12,813 $439,004 $18.79 $29.82 $26.11 $24.13
1937 803,945 310,442 70,451 16,171 406,881 19« 46 31.46 27.20 25.36
1938 984,987 392,384 97,442 18,958 476,203 19.56 31.96 25.22 25.06
1939 1,048,834 430,480 114,949 20,752 482,653 19.30 31.77 25.44 24.89
1940 1,034,984 474,952 133,243 21,826 404,963 20.26 32.38 25.38 24.28
1941 990,222 541,519 153,153 22,901 272,649 21.27 33.62 25.82 24.40
1942 958,818 595,152 158,435 24,660 180,571 23.37 36.25 26.54 25.23
1943 930,234 653,171 140,942 25,U3 110,978 26.66 41.57 27.95 27.76
1944 942,457 693,338 135,015 25,342 88,762 28.43 45.58 29.31 28.77
1945 989,597 726,422 149,667 26,593 86,915 30.82 52.05 33.52 32.83
1945
Jan« 79,977 58,737 11,635 2,119 7,486 28.52 45.68 29.40 28.88
Feb. 79,805 58,693 11,742 2,121 7,249 28.59 46.00 29.52 28.09
Mar. 80,357 58,856 11,903 2,119 7,479 28.73 46.48 29.59 29.00
Apr« 80,192 59,062 11,988 2,117 7,025 28.89 46.82 29.64 27.95
May 80,890 59,826 12,038 2,124 6,903 29.32 47.03 29.81 29.12
June 81,124 60,047 12,134 2,147 6,796 29.46 47.46 30.18 29.07
July 81,399 60,536 12,091 2,154 6,618 29.75 47.54 30.36 28.67
Aug« 82,322 60,943 12,261 2,279 6,839 29.97 48.06 32.16 29.88
Sept« 83,244 61,394 12,654 2,306 6,890 30.18 48.94 32.64 29.71
Oct. 85,197 62,138 13,171 2,347 7,541 30.46 50.08 33.19 31.52
Nov. 86,661 62,829 13,772 2,365 7,695 30.69 51.35 33.36 31.76
Dee. 88,429 63,361 14,278 2,395 8,394 30.82 52.05 33.52 32.83
1946
Jan« 90,347 63,962 . 14,726 2,403 9,255 31.06 52.62 33.54 33.72
Feb« 92,070 64,418 15,273 2,427 9,952 31.20 53.36 33.69 33.95
Mar. 93,612 64,876 15,771 2,444 10,521 31.32 53.88 33.77 34.79
Apr«
May
June
July
Aug«
Sept«
Oct.
Nov«
Dee.
1947
Jan.
Feb. _______
Mar.
Apr. _______
May
June
J^ ___
Aug. _______ ____
Sept* _______
Oct. ________
Nov.
Dec«
j^ Data corer only continental United States through 1942; thereafter include Alaska and Hawaii.
2/ Data shown for each year are for mouth of December. J/ Per family. ¡J Per case.
Sources Federal Security Agency, Social Security Board
251
PUBLIC ASSISTANCE RECIPIENTS, BY PROGRAM 1/
NOTEt See p. 247 (Number in Thousands)
Tear 2/ and Old-Age Aid to Dependent Children Aid to the General Assist-
Month Assistance Families Children Blind ance (Cases)
1936 1,106 162 404 45 1,510
1937 1,577 228 565 56 1,626
1938 1,776 280 648 67 1,631
1939 1,909 315 760 70 1,558
1940 2,066 370 891 73 1,239
’ 1941 2,234 390 941 77 798
1942 2,227 348 849 79 460
1943 2,U9 272 676 76 292
1944 2,066 254 639 72 258
1945
Jan. 2,059 255 642 72 259
Feb. 2,053 255 644 72 258
Mar. 2,049 256 646 72 258
Apr. 2,044 256 647 71 251
May 2,041 256 647 71 237
June 2,038 256 647 . 71 234
July 2,035 254 644 71 231
Aug. 2,033 255 647 71 229
Sept. 2,035 259 658 71 232
Oct. 2,040 263 669 71 239
Nov. 2,047 268 684 71 242
Dec. 2,056 274 702 71 256
1946 2,059 “280“ ’717" "72“ “274“
Jan. 2,065 286 734 72 293
Feb. 2,071 293 752 72 302
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1947
Jan.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
1/ Data cover only continental United States through 1942; thereafter include Alaska and Hawaii.
2/ Data shown for each year are for month of December.
Source: Federal Security Agency, Social Security Board
252
FINANCIAL OPERATIONS OF SELECTED SOCIAL INSURANCE TRUST FUNDS*
(Millions of Dollars)
Account 1936 1937 1938 1939 191*0 191*1 191*2 191*3 191*1* 191*5 191*6 191*7
Federal Old-Age and
Survivors Insurance
Trust Fund 1/
Receipts $516 $358 $593 Ä650 $8h5 $1.085 $1.328 $1.1*22 $1.1*20
Appropriations 2/ 511* 31*3 566 607 789 1,012 1,239 1,316 1,285 ______
Interest 2 15 27 1*3 56 72 88 107 131*________ •
Expenditures 1 10 11* 62 UI* 159 195 238 301*________
Benefits 1 10 11* 35 88 131 166 209 271*________
Administrative expen-
ses (Social Security-
Act Amendments of
1939, sec. 201 (f) ) 26 26 28 29 29 30
Total assets, end of
year 766 1,13 2 1,721* 2,031 2,762 3,688 l*,820 6,005 7,121______
Investments --- MB 513 862 1,1*35 2,017 2,736 3,655 1*,778 5,967 7,055 _
Cash Balances --- » 253 269 289 11* 26 32 1*2 38 66___
Railroad Retirement
Account
Receipts 92 11*3 99 122 11*1* 21B 269 317 307
Transfers from
appropriations 92 12*2 97 120 11*1 215 263 307 292
Interest a. MB 1 2 2 3 3 6 10 15
Expenditures: Benefits ♦1 35 96 110 117 121* 128 133 137 11*3 "
Total assets, end of
year 1*6 111 135 11*8 11*6 166 256 391 573 737
Investments, 3 percent
special Treasury notes 50 76 77 85 90 171* 310 1*90 61*1*
Cash balances 1*6 61 59 70 60 75 82 82 83 93
Civil Service Retire-
ment and Disability
Fund
Receipts 92 123 130 11*6 161 190 292. 1*68 527 607
Employee deductions
and voluntary contri-
butions 31* 36 38 1*1 1*7 63 156 251* 279 292
Government contribu-
tions 3/ 1*6 73 75 87 92 102 106 176 196 21*6
Interest and profits 12 13 17 IB 22 25 30 38 53 69 ______
Expenditures: Annuities
and refunds 58 61 63 65 70 71* 79 89 122 172
Total assets, end of
year 331* 396 1*63 51*1* 631* 750 963 1,31*2 1,71*8 2,183
Investments 331 393 1*60 51*0 627 71*1 931* 1,321* 1,717 2,11*1*
Cash balances 3 3 3 1* 8 9 28 19 31 39
* See Footnotes and Sources on next page«
253
FINANCIAL OPERATIONS OF SEIECTED SOCIAL INSURANCE TRUST FUNDS (Cont‘d.)
NOTEs See p* 247 (Millions of Dollars)
Account 1936 1937 1938 1939 1940 Ml M2 M3 MU M5 M6 M7
Unemployment Trust Fund
Receipts ^ $65 $575 $839 $886 $980 $L, 143 $1,305 J $1,527 $1,500 $1,417
State accounts: Depos-
its 65 567 829 830 861 1,008 1,139 1,328 1,317 1,161
Railroad unemployment
insurance account:
Deposits by Rail-
road Retirement
Board 14 60 66 86 98 119 117
Advance from Treasury
(act of June 25, 1938) 15
Transfers from States
(act of June 25,
1938 ^) 1 98 8 - - 4/ 4/
Transfers from rail-
road unemployment
insurance adminis-
tration fund (act
of Oct. 10, 1940) - - 11 6 12 9 10
Interest 1 8 ' 9 27 60 58 74 8 9 55 7/ 129 __________”
Expenditures 5/ 4/ 2 404 434 547 357 351 79 64 464
State accounts:
Withdrawals 4/ 2 404 429 517 342 344 78 63 462
Transfers to rail-
road unemployment
insurance account
(act of June 25,1938) 1 98 8 - - 4/ 4/
Railroad unemployment
insurance account:
Benefits 5 15 15 7 112
Repayment of advance
(act of June 25,1938) 15 - -
Total assets, end of
year 65 638 1,072 1,525 1,958 2,744 3,698 5,147 6,583 7,537
Investments 64 625 1,064 1,509 1,945 2,732 3,687 5,095 6,579 7,508
Cash balances 1 13 8 16 12 12 11 51 4 29 ___
1/ Before 1940, data represent operation of old-age reserve account,
2/ Beginning July 1940, appropriations equal taxes collected under Federal Insurance Contributions Act. Before July 1940, data represent transfers from appropriations.
3/ Appropriated by Congress and transferred to the trust fund.
V less than $500,000.
Excludes intrafund transfers between the State accounts and the railroad unemployment insurance account.
6/ Includes amounts certified by Social Security Board to the Secretary of the Treasury in behalf of Connecticut and Kentucky for payment into railroad unemployment insurance account in
accordance with Railroad Unemployment Insurance Act, sec. 13.
7/ An additional $55 million was earned in 1944 but not credited to the fund until Jan. 2, 1945$ an additional $63 million was earned in 1945 but not credited to the fund until Jan. 4, 1946.
SOURCE: Compiled from Daily Statement of the United States Treasury, by the Social Security Board.