The original documents are located in Box 37, folder “Weekly Briefing Notes, 9/8/1975” of the William J. Baroody Files at the Gerald R. Ford Presidential Library.
Copyright Notice The copyright law of the United States (Title 17, United States Code) governs the making of photocopies or other reproductions of copyrighted material. Gerald R. Ford donated to the United States of America his copyrights in all of his unpublished writings in National Archives collections. Works prepared by U.S. Government employees as part of their official duties are in the public domain. The copyrights to materials written by other individuals or organizations are presumed to remain with them. If you think any of the information displayed in the PDF is subject to a valid copyright claim, please contact the Gerald R. Ford Presidential Library. Digitized from Box 37 of the William J. Baroody Files at the Gerald R. Ford Presidential Library
THE VICE PRESIDENT
WASHINGTON
September 10, 1975
MEMORANDUM FOR BILL BAROODY
Attached is this week's copy
of the Weekly Briefing Notes. WEEKLY BRIEFING NOTES ON U.S. DOMESTIC DEVELOPMENTS Prepared for the President and the Vice -President
- - -- - SEPTEMBER 8, 1975
COMPILED BY THE FEDERAL STATISTICAL SYSTEM
. . Coordinated by the Bureau of the Census at the request of the Statistical Policy Division, Office of Management and Budget
Vincent P. Barabba, Director Joseph W. Duncan, Bureau of the Census Deputy Associate Director for Statistical Policy Office of Management and Budget ·-,
Week of September 8, 1975 SOURCES OF DATA
Plant and Equipment Expenditures U.S. Department of Commerce, Bureau of Economic Analysis, "Survey of Current Business"
Manufacturers Capital Appropriations The Conference Board
The Employment Situation U.S. Department of Labor, Bureau of Labor Statistics, "Employment and Earnings Statistics for the United States"
Manufacturers' Shipments, Inventories, and Orders U.S. Department of Commerce, Bureau of the Census, "Manufacturers' Shipments, Inventories and Orders, Series MJ.1"
Manufacturers' Export Sales and Orders of Durable Goods U.S. Department of Commerce, Bureau of the Census "Manufacturers' Export Sales and Orders of Durable Goods"
Wholesale Price Index U.S. Department of labor, Bureau of Labor Statistics, "Wholesale Price Index"
Construction Expenditures U.S. Department of Commerce, Bureau of the Census, "Value of New Construction Put in Place"
Population Distribution Bureau of the Census, Population Division, "How the Racial Composition of Cities Changes"
College Enrollment Institute of International Education, "Open Doors, 1974" Week of September 8, 1975 TABLE OF CONTENTS >_, :c SERIES 1-z: C> ::::E SECTION A-General Economic Indicators Part 1-National Income and Product A.1 .1 Gross National Product ...... •...... • . •. .. •• ...... •.•...... x A.1.2 Personal Income •. .. • ...... •...... • ...... • • .• ...... x A. 1.3 Corporate Profits • • • . . . . • • . . . . . • . • . . . • • . . . . . • . • . . . . • . . x A.1.4 Federal Receipts and Expenditures •••.. • .•.• .. .••..••• . . . •. x A.1.5 Business Investment .... •. • . . • ...... •...... x Part 2-Employment and Unemployment A.2.1 Unemployment Rate ...... x A.2.2 Duration of Unemployment ...... •...... x A.2.3 Unemployment Insurance . ... •• •• ...... •...... • • • • •.•.• x A.2.4 Labor Turnover •.•.••••••• ••.•. ....•• . • .•.• .• •• •• •• • • •••• . x A.2.5 Help Wanted Index ...... • ...... x Part 3-Houn, Earnings and Productivity A.3.1 Average Workweek, Manufacturing ...... •..• •...... • ...... x A.3.2 Compensation Per Man-hour ...... x A.3.3 Productivity Indexes ...... • ...... •...... • . .. x A.3.4 Real Earnings ...... • . . • • ...... • ...... x A.3.5 Work Stoppages • . . . • ...... •...... x Part 4-Production and Trade A.4.1 Industrial Production Index .••.....•....•.....•...... • x A.4.2 Production of Primary Metals ...... x A.4.3 Production and Sales of Transportation Equipment ...... •...... x A.4.4 Manufacturers' Shipments, Inventories, and Orders ...... x A.4.5 Capacity Utilization .•...... •...... x A.4.6 Retail Sales ...... •...... •••...... • ...... x A.4.7 Wholesale Trade: Sales and Inventories ...... ••...... x A.4.8 Manufacturing and Trade Inventories and Sales x A.4.9 Manufacturers' Evaluation of Their Inventories x ~ Part 5-Foreign Trade and Balance of Payments ~ ~ A.5.1 Exports and Imports ...... •...... •.....•...... x .2 ~"' A.5.2 Manufacturers' Export Sales and Orders of Durable Goods ..•...... x A.!5_.3 Qala_r1ce of Payments .••• • •• ••• •• •• ..• ••• . ••• .• •• . • . •. . ••• • .. x A.5.4 Foreigri Travel • • •• •••• • •• • •• • • •• ••• •• • ••• •...• • •• •• •••••• • • x Part 6-Prices A.6.1 Consumer Price Index . . ...•.• , . , , ...... •• ... , • ...• •.•...... x A.6.2 Wholesale Price Index ...... ·, • , .• • . ••...... •..... x A.6.3 Tuesday Spot Market Price Index •.•.•.. , • , • • ...... • . . .•.•.. x
.. Week of September 8, 1975
TAB LE OF CONTENTS-Continued
>- >- er:-" >- -" 1.1.J -" -" ::c ..... < er: SERIES ::..:: ..... er: ::::> 1.1.J L&J...., z: < z :c 0 ::::> z ..... 3: ::!! O' < C> SECTION A-General Economic Indicators (Continued)
Part 7-Construction A.7 .1 Housing Construction ...... •...... •...•...... •...... A.7 .2 Value of New Construction Work Done •...... • ......
Part 8-Energy, Raw Materials, and Commodities A.8.1 Distribution of Electric Power . . ••...... • .• ...... x A.8.2 Production and Consumption of Fossil Fuels ...... •. . •...... • . • x Part 9-Agriculture A.9.1 Farm Income and Expenses x Part 10-Money and Credit A.10.1 Money Stock Measures .•....•..•.· ...... • . .•...... • x A.10.2 Bank Reserves . • • ...... • • . . . • . . . ..•...... •...... x A.1 0.3 Consumer Credit . . . • • ...... _•.•...... •• x A.1 0.4 Common Stock Prices ...... • . • ...... •.•....•...... •... x A.1 0.5 U.S. Government Securities ...... •...... •...•. . ... • x A.1 0.6 Business Credit •...... •...•.....•...... •...... x A.10. 7 Interest Rates · .. · .....• · · · · · · · · · · · • · · · · · · • · · · · · · · · · Part 11-lndicators of Business Activity A.11.1 Composite Index of Leading Indicators ...... X A.11.2 Number of New Business Incorporations . • . . • ...... • • . . . . . X A.11 .3 Number of Business· Failures . • . . • . . . . . • . . • • . . • . • ...... X SECTION B-General Social Indicators
Part 1-Population B.1.1 Population Estimates - Total Population ...... x - Total Population by Age, Sex, and Race . .•. • .• ...... • . ..•. . • • . x - Rate of Growth ...... x - Components of Change (Births, Deaths, Net Immigration) • . •.• • . . . x - Population Projections • •• .• .• ...... •. . •..... •...... •• .. x - Abortion ...... ••...... •...... , q.. R x \ 8;1-;2 Population.Distribution r I\ - Population by Size of Place ••.•.....•••.•.••• • .• .. • . .•••.•• ' x - Population in Rural and Urban Areas •.•••••••. . .• . •• • • •. .•• . . ' x B. 1.3 Migration - Recent Movers ...... •.....•...... •..•...... • ... x - Migratm by Region •..... • ....•...•..•...... • . . ~ .. . .. x
. . Week of September 8, 1975
TABLE OF CONTENTS-Continued
>- >- ....J ....J 0:: >- LL.I ....J ....J ::c Part 2-The Family B.2.1 Living Arrangements, Selected Characteristics - Age, Sexg and Race ...... Q •• o " o o ...... O' a ••••• 9 • "' •••••••••• x - Single Person Households ..•...•...... ••.•..••...• x - Children Living With Single Parents •....•••...... •...... •. x - Average Family Size ..' .....•...... •...... •.•••...•.••• x B.2.2 Family Formation and Dissolution - Marital Status of the Population ...•..•.•...... •...•...... •. x - Marriage and Divorce Rates ••.•.•.••....•. , ...••.....•....• x - Marriages Ending in Divorce ...•...•...••..•..•....••..••.•. x B.2.3 Attitudes Towards Family Life x Part 3-Health B.3.1 Life Expectancy - At Birth i;i • 111 o o o o "' o o o o a a o a o a o o ,; o o o o o m o a a • a • a o • • a • o o o o o 9 o 9 x - At Selected_ Ages 0 •• D (I D - Short-Term Disability . (I o a •• o o (I o o .. o ••• o •••••••••••••••••••• x B.3.3 Morbidity - Communicable Diseases ..•....•.....•...... ••.•....••. x - Acute 11 lness o o ... D o •• o .. o " o • "' (I o o ••• G •••••••••••••••••••••• x 83.4 Health Status - Nutrition • Dietary Intake OtlllPOOOOO .. tlO<>OOOO•O<>OOOtOOOO•OOOOOOOOOOO • Clinical Measurements •...... •..•.•.•...... •.•..•... - Obesity ... " ., ...... o o •• D •••• o ••••••••••••••••••••••••• - Drugs ,_ •-Drug Deaths .. o ...... o • " • o •••••••••••••••••••••••• x • Drug Abuse Episodes .•...... •...... •..• x • Liquor Consumption .•.•••.•••..•...... •....••...• x - ·Smoking ...... •...... x - Physical Fitness ...... x - Perceived Health Status ...... ••.•...•••...... •...••• x - Week of September 8, 1975 TAB LE OF CONTENTS-Continued >- _,>- :c_, :::.:: 0:: SERIES ._ u.J LLJ z: ::c LLJ 0 ._ 3: :E 0 SECTION B-General Social Indicators (Continued) B.3.5 Health Care Delivery - Physician and Dental Visits ..•.. • ... • • • ... • x - Costs and Expenditures ...... x - Facilities ••...... •...... •. . x - Personnel •...... •...... x - Attitudes Towards Health Care ••••••••.••.••.••••••• . ••.• . . . x Part 4-Education B.4.1 Educational Achievement by Sex, Race, Socioeconomic Status, Region - Math, Science, Reading, Writing .•••• . .• • • • •...... ••..•.•• x - Music, Art, Literature, Citizenship . . •••.••••• •. • • ..•.•••••.•• x B.4.2 Attainment - High School Graduation Rate ••••.•••••..••...•• ••• ••• .••••• x - The High School Educated Population by Race and Sex •• . . •••..• x - College Educated Population by Race and Sex .•••..•••••.•••••. x B.4.3 School Enrollment - Primary and Secondary School • . . • . ••...... •.••...... • x - Preprimary by Age, Race, Income .••• .• • ••.•••.•• •• •••.•• . .. x - Modal Age Enrollment by Sex, Race • . • . . •...... ••.. .• .. . x - High School Students Expecting to go to College •...... •.• . •.• . x - College Entrance Rates by Sex, Race, Socioeconomic Status .....•. x - College Enrollment ...... • x - Participation in Adult Education •. .•.••• •• ...•••.••••••. . •.• x B.4.4 Educational Facilities and Personnel - Schools, Classrooms . .•...... •••...... •...... •...... x - Teachers, Administrative,Others •• •• ••• • ••• • •.•••.•••.••.•••• x B.4.5 Costs and Expenditures - Expected Student Expenses, Hi~er Education ••••..• .. ••.••... x - Expenditures by Level of Government • . • •.•• •. •• .• ••• ••.• .•. • x Part 5-Work B.5.1 Labor Force, Employment and Unemployment - Labor Force Participation, Selected Characteristics .•...... •.. x - Part-time, Part-year Workers, Selected Characteristics • ..•.••..• •• x _- ~ Empl_gyment by Occupation, Selected Characteristics . .••..• • .... x - Unemployment, Selected Characteristics .•••..•....••••.•••.•• x x - Discouraged Workers ...... x - Labor Union Membership .• •.. ..•..•..•..•....• ...... · x B.5.2 Earnings - Median Earnings, Selected Characteristics ••••.••••.....•.••..•• x . . Week of September 8, 1975 TABLE OF CONTENTS-Continued >- >- -'a::: >- :c-' LU -' -' I- I- < a:: SERIES ::ii:: a::: => LL.I LL.I z < z: :c LL.I 0 => z I- s: ::!: O' < 0 SECTION B-General Social Indicators (Continued) B.5.3 Working Conditions - Regular and Overtime Hours, Selected Characteristics •.•••...... x - Work Injuries by Occupation ...... •..•..•.•...••••. x - Time, Distance, and Mode Transportation to Work ..•..••••..... x B.5.4 Benefits - Vacations, Holidays ...... •..•...... x - Benefit Plans II •• II ••• 'P •••• 9 • o " • o 9 • "' • Q ••• Ill ••••••••••••••••• x B.5.5 Retirement - Persons Retiring From Work ••..•...... •.....•...••.•..••.. x - Work-Life Expectancy .••...... •...... • x - Retirement Benefits ...... •...•...•.•••..... x Part 6-lncome, Consumption, and Wealth B.6.1 Income Levels - Median Family Income ...... , ...... •...... x - Composition of Family Income ...... •...... x - Per Capita Income ...... •...... •..•..•...... x B.6.2 Distribution of Income - A'JfJ, Race, and Se:x Q o • Q I) o Q °' Q .,, o ,, Q o ~ Q ... 9 Q o • o Q ••••••••••••••• x - Regional Differences ...... •...... x B.6.3 Poverty () 0 0 I) I) 0 0 0 " 0 0 Q II • 0 " Q 0 • II Q •• "' 0 0 0 " 0 Q •• 0 Q • It ••• It ...... a ... . x B.6.4 Consumption - Personal Consumption Expenditures •..•...... ••...... x - Consumption of Durable Goods ...... •...... x B.6.5 Wealth - Net Worth of Consumer Units ...... ••...... x - Composition of Wealth ...•...... ••••..•..••...•. x B.6.6 Consumer Borrowing and Debt - Amount of Debt Outstanding ...... •...•...... x - Debt/Income Ratio .. .,. .. o ••• 6 o • "' IJ • a o •• ,, ...... o .. .. X-· .... -• ;: 0 ez·, B.6. 7 Consumer Attitudes O(IO and Location ...... °' •••••••••••••••••••• Ill x - Average Persons Per Room ....••.••.....•••.••.•.•...•••... x - Week of September 8, 1975 TABLE OF CONTENTS-Continued >- ....J > cc: > ....J L.LJ ....J ....J ::c: I- I- < cc: SERIES :::ie:: cc:: ::::> L.LJ L.LJ z: z L.LJ < :c 0 ::::> z I- 3:' ::liE O' < 0 SECTION B-Socioeconomic Series (Continued) B.7.2 Home Tenure - Single Family Dwellings x - Mo bi le Homes ,...... , " ...... II .. o i> •• Part 8-leisure and Recreation B.8.1 Use of Leisure Time , .... , , ...... •... , .... , •. , , ...•...... •.. x B.8.2 Recreation - Outdoor (Social, Active Sports, etc) . , , ...... x - Indoor (Television, Visiting, Other) ...... •...... •••.... x x Part 9-Public Safety B.9.1 Crimes Known to Police - Violent '.) 0 ,...... , .... " o (l " o .. Q "' •• .,, " ., • ., o o o ., o o o • " • o ••••• o •••••• x x - Property . .., ., " o .. .,. ., • • .. ,,, • o IJ a " " II " (l ., • o o Q • I:! o .,. • • • • • • " " • • • • • • • •• x x B.9.2 Victims of Crime, Selected Characteristics - Violent 0 0 • (I 0 0 Q 0 (! ll ... " Q 0 Q •• ' e " 0 Q c • 0 • II 0 0 " Q .., • Q • Q •• ii ••• Q •••• x - Property .. "' ,. . Ci • ,.,, o o ,, " ••• , "" o • , ., o o 3 o t) o o o " • ., " o ., .. Q • ., ...... x B.9.3 Fear of Crime, Selected Characteristics x 8.9.4 Police Activity - Persons Arrested by Charge ...... • . . • ...... • . •. x - Offenses Cleared ... o c ...... "" •• °' ., o ... o o " D o Ill ... o ...... x B.9.5 Judicial Activity - Persons Sentenced for Federal Crimes ..•..••....•...•...... x 8.9.6. Prisoners, Adults and Juveniles - Prisoners by Sentence . . . . . • ...... , . . • ...... • . • . • . x - Average Length of Sentence ...... ••...... •.. x - Persons Executed and Sentenced to Death • , ...... •••..•..... x - Average Prison Population •.•...••••..•..•..•.....••.•..•.. x 8.9.7 Expenditures for Administration of Criminal Justice .••.....•••••.. x Week of September 8, 1975 TABLE OF CONTENTS-Continued >- _,> _, :I: a::: :::.:: ~ u.J SERIES u.J z u.J 0 :I: ~ 3:· ::E 0 SECTION C-Government Activity Part 1-Social Welfare and Security C.1.1 Social Security (OASDHI) - Current Beneficiaries ...... •...... ••....•...... •...... • x - New Beneficiaries •....•...... •...... •...... •. x - Average Payment ...... •...... •..•... x C. 1.2 Old Age Assistance - Benefits Pa id ...... x - Recipients ...... •...... •.... x C.1.3 Aid to the Disabled - Blind " o o a o Q Q " fl • o o " .... o "' o • " " • o 4 ll "' •• o ••••••••••••••••••••• x - Deaf " ... ,., " o o o •• o g " - Other" • - Benefits .. ., .. " " o Q (; o - Benet its Pa id "' " ., " " Q o o .. " ., - Recipients <> 0 0 Q 0 c 0 0 0 0 () 0 " D II " 0 " " " 0 a 4 " - Recipients ...... Q o .. ., ...... "' " :I' I) .... u a I) & ;) ..... ;;; o • " •• g ...... , x - Benet its . o ...... " • o " .. ,, o " o o ... Q o .. o o • o o " o () ., o o • "' •••• la ••••• o •••• x C.1. 7 Food Stamps - Recipients ... o <) .. " • " " o o " " " o .. o ;!l o " o Q • o .. .,, ;; " ...... " .. o ••• o ••• ,, ••••• x - Benefits " . , . , , ...... , ...... , ...... x C.1.8 Aid to Disaster Victims - Recipients e ...... " \'I 0 • Q 0 •• 0 e 0 0 1ll 0 c II c 0 4 •• 0 0 4 4 0 0 ••••••• " " ••••• x· - Benefits . 0 r.I ••• 0 0 0 \'I 0 c • 0 !'I .... " 0 0 • <) <> " <> 0 0 0 ..... 0 ••• II • a 0 ••••• " • x C.1.9 Veterans Benefits - Recipients .... , ....•...... , ...... •....•... x - Benet its o o ti " • ., • I) o •• o •• o o • e o o ,, o " • " o .. ., ...... x Part 2-Equal Opportunity C.2.1 Equal Emplo_yment Opportunity - Minority Employment ..• , ...... , ....••...... x - Earnings, Promotions, etc...... • .' ..... , ...... x C.2.2 School Desegregation - Students Attending Predominantly Minority Schools .•...... ••... x - Public/Private Enrollment, and Control ...... •..•...... ••..... x Week of September 8, 1975 TABLE OF CONTENTS-Continued >-__, >-__, 0::: __, __,>- LI.I :c: ..... < 0::: SERIES ::.:: ..... 0::: ::::::> LLJ LLJ z: < z: :c: LLJ 0 ::::::> z: ..... 3:' :iii: O' < 0 SECTION C-Government Activity (Continued) Part 3-Government Operation C.3.1 Federal Employment - Employees ...... , ...... , ...... • ...... • . X - Payroll ~ . II II • " ••• II • II II II ••• Ill • Q II • 0 II •• u ...... fl ••• a II II II " • • • • x C.3.2 State and Local Employment and Finances - Employees ...... , . . . . . • . . . . . • ...... • ...... X - Payroll • Q •• 0 a II 0 " •• 0 • II II • II II .. ., " II • 0 It • 0 0 ; ••• () • • • • • • • • • • • • • • • x SECTION D-Environment, Science, Culture Part 1-Environment 0.1.1 Air Quality - Amount of Pollutants Released Into the Atmosphere .••...... x - Ambient Air Quality-National, Major Cities ...•...... x - Perceived Qua Iity ... , .... , ..... , , ...... •.•...... x D.1.2 Water Quality - Miles of Streams Meeting EPA Standards ...... ••.••.•...... x - Oil Spills, Fish Kills ..•...... •. , ...... •...... x D.1.3 Hazardous Substances - Estimated Amounts Produced ...... •...... x - Concentration in Biosphere •...... •...... •..... x D.1.4 Ecological Balances - Endangered Speci,'s (Plant and Animal) ...... •..... x - Critical Areas (Coastal Zones) ...•.....•...•.•...... •...... x - Land/People Density ...... , , . , ...... •...... x Part 2-Science D.2.1 Professionals in Scientific Fields - By Specialty ...... •...•... x - Person Years of Scientists, Engineers Engaged in R&D ...•.•...... x D.2:2 Expenditures for Research and Development - Private Industry , , ...... ••.. , .... , .....•...... •. x - Government ...... · •.... "' ~ ..... Q ••••••••••••••••••••• x 0.2.J Science Achievement in Schools - Secondary Schools ...... ,' .•••...... •..•••.•...... x - Higher Education •.•...•••.••.•••••••••••...•••.•.••••••• x Week of September 8, 1975 TABLE OF CONTENTS-Continued __,>- >- 0:: __, >- -I L.LJ __, :c I- cc: I- 0:: SERIES ::.=:: 0::: ::::> L.LJ L.LJ z:: z:: L.LJ cc: :c C> ::::> z:: I- 3r; :::!!: C>' cc: C> SECTION D-Environment, Science, Culture 0.2.4 Public Attitudes Towards Science and Technology x Part 3-Culture 0.3.1 Persons Employed in Artistic Professions - By Type .. - Travel .. II a !J " •• lil' ••• 0 0 a •• 0 • 0 Q I) i) ~ 0 • ;:i ••• II " ...... x - Hobbies, Sports, Music, etc. . ..•...... •••..•..... x 0.3.4 Attendance at Cultural Events - Plays, Galleries, Motion Pictures .•...... •...•.•...... x - Concerts, Museums, etc...... •...••.••...•.•.....••...... x SECTION E-Selected Subjects A.1.5 - Plant and Equipment Expenditures Seasonally Adjusted Annual Rate II Q CHANGE CHANGE 1975 LAST PER . YEAR AGCJ ALL INDUSTRIES $112.5 -1 .8% 1.0% NCJNMANUFACTURING $63.7 -2. 8% -3.6% BILLICJNS MANUFACTURING $48. 8 -0. 6% 7. 6% BILLIDNS CJF OCJLLARS CJF DCJLLARS 125 125 105 105 Actual Expected Expenditures Expenditures 95 95 85 85 75 ' 75 55 55 45 ' 45 I 25 25 19 71 1972 19 73 19 74 1975 SCJURCE : BUREAU DF ECCJNCJM IC ANALYSIS 8 SEPTEMBER 1975 A.1.5 - Plant and l:qu1pment Expenditures In Cu rrent and Constant Dollars Seasonally Adjusted Annual Rate THIS CHANGE CHANGE PERI DO LAST PER. YEAR AGD CURRENT DCJLLRRS $112.5 -1 . 8% 1.0% BILLIDNS 1958 DOLLARS $63. 0 -3. 6% -12. 4% BILLIDNS CJF ODLLARS DF DDLLRRS 120 120 110 110 100 100 90 90 80 80 70 70 60 60 50 50 19 71 1972 1973 1974 1975 SDURCE: BUREAU DF ECDNDMIC ANALYSIS 8 SEPTEMBER 1975 ~ Actual Outlays by All Industries in the second quarter declined 1.8 percent to an annual rate of $112.5 billion. • They are expected to increase 1 percent in the third quarter and to remain at this level in the fourth. • Nonmanufacturing Industries were the major factor, declining 2.8 percent. • Manufacturing dropped 0.6 percent. --- • The d cline in Real Spending (1958 dollars) was more significant. • Over the year Real Spending decreased 12.4 percent. A.1.5 - Manufacturers' Capital Appropriations (1 ,000 Largest Manufacturers) THIS CHANGE CHANGE PERIOD LAST PER . YEAR AGO BACKLOG OF APPROPRIATIONS $46.8 -4.7% 4.4% BILLIONS NEVLY APPROVED APPRDPRIATIDNS $9.4 -17.6% -37.0% BILLIONS OF DOLLARS OF DOLLARS 55 55 50 45 45 40 40 35 35 30 30 25 25 20 20 15 15 10 ! 10 5 5 19 71 19 72 19 73 19 74 1975 SOURCE : THE CONFERENCE BOARD 8 SEPTEMBER 1975 - • Capital Appropriations (authorizations to spend at a later date) of the Nation's 1,000 largest manufacturers totaled $9.42 billion in the second quarter, down 17.7 percent. • Third quarterly decline in a row, since the peak of $16.38 billion registered in the third quarter of 1974. • 42.5 percent below last year's third quarter, the steepest three-quarter decline since the survey began in 1953. • Backlog of Unspent Appropriations dropped almost 5 percent, as Expenditures exceeded Appropriations. . . A.1.5 - Manufacturers' Capital Appropriations Durable and Nondurable Goods Industries THIS CHANGE CHANGE PERI CJD LAST PER . YEAR AGCJ ...__/ NCJNOURRBLE GCJCJDS $5.482 -18.4% -36.7% BILLICINS DURABLE GCJCJOS $3.940 -16.9% -37.7% BILLICINS CJF DCILLRRS CJF OCILLARS 10.0 10.0 9.0 ' 9.0 8.0 8.0 7.0 7.0 6.0 ' 6.0 5.0 i 5.0 4.0 1 4.0 I 3.0 3.0 2.0 2.0 19 71 1972 1973 1974 1975 Selected Components of Durable Goods Industries THIS CHANGE CHANGE PERI CJD LAST PER . YEAR AGCI MCJTCJR VEHICLES & EQUIPMENT $.300 40. 8% -25. 2% BILLICINS PRIMARY IRCJN & STEEL $. 601 -62.2% -43.0% BILLICJNS ' CJF DlJLLARS CIF OCILLARS 2.0 2.0 1.6 1.6 1. 2 1. 2 0.8 0.8 0.4 0. 4 o.o 0.0 19 71 1972 1973 19 74 1975 SOURCE : THE CCINFERENCE BCJARD 8 SEPTEMBER 1975· A.1.5 - Manufacturers' Capital Appropriations Selected Component of Nondurable Goods Industries THIS CHANGE CHANGE PERIOD LAST PER . YEAR AGO PETROLEUM & COAL PRODUCTS $2.046 -29.0% -52.1% BILLIONS CHEMICAL & ALLIED PRODUCTS $2.056 "\.3% 4.1% BILLIONS OF DOLLARS rJF DOLLARS 6. 0 6. 0 5. 0 5. 0 4. 0 4.0 3. 0 3. 0 2. 0 2.0 1.0 1.0 o.o o.o 19 71 1972 1973 1974 1975 SOURCE: THE CONFERENCE BOARD 8 SEPTEMBER 1975 Durable Goocfs Producers lowered their appropriations for the third straight month, down 16.9 percent. e Cutback in Primary Iron and Steel Appropriations was a major cause for the overall drop. • An exception to the appropriations cutback was the Motor Vehicle and Equipment (Automotive) Industry, which raised authorizations 40.8 percent - its first increase since last year's third quarter. • 71.6 percent below t he fourth quarter of 1973. • Nondurable Appropriations also decreased, dropping 18 .4 percent in the second quarter after showing an increase of 9.2 percent in the previous quarter. • The 29 rcent drop in appropriations of Petroleum and Coal Products led the overall decline. • In comparison, Chemical and Allied Products Appropriations improved 4.3 nPrr.P.nt. A.2.1 - Unemployment Rate THIS CHANGE CHANGE PERI CJD LAST PER . YEAR AGCJ ALL UCJRKERS,TCJTAL 8. 4% 0.0% 55.6% HCJUSEHCJLO HEADS 5.5% -8.3% 71.9% MARRIED MEN 5.0% -7.4% 85.2% PERCENT PERCENT 10 10 9 9 8 8 7 7 6 6 5 5 4 4 3 3 2 2 1 1 0 0 ..... UI 19 71 1972 19 73 1974 19 75 Ct: SCJURCE: BUREAU CJF LABCJR STATISTICS 8 SEPTEMBER 1975 A.2.1 - Civilian Labor Force and Employment THIS CHRNGE CHANGE PERIOD LRST PER . YERR RGO T ~TAL CIVILIAN LABOR FORCE 93.1 0.2% 2. 1% MILLIONS TOTRL CIVILIAN EMPLOYMENT 85.4 0. 3% -1.1% MILLIONS OF PERSONS OF PERSONS 95 95 90 85 85 80 80 75 75 1971 1972 1973 1974 1975 SOURCE: BURERU OF LABOR STATISTICS 8 SEPTEMBER 1975 e The Overall Unemployment Hate held steady in August at 8.4 percent. ~ Significant declines were recorded in the rates for Household Heads and Married Men. • Total Civilian Employment increased for the fifth straight month. • Up 1.5 million from the recession low registered in March. • The Civilian Labor Force was up 230,000 at 93.1 million. t Over the past yesir th bor Force as expanded by 1.9 million, a markedly slower rate than in the two previous years. A.2.1 - Unemployment Rate By Age, Sex, and Race Males, 20 Years and Over THIS CHANGE CHANGE PERIOD LAST PER. YEAR AGO ADULT MALES, NEGRO AND 11. 1% -2.6% 73 .4% OTHER RACES ADULT MALES, VHITE 6.1% -7.6% 74.3% PERCENT PERCENT 14 14 12 12 10 10 8 8 6 2 2 1971 1972 1973 1974 1975 Females, 20 Years and Over THIS CHANGE CHANGE PERIOD LAST PER. YEAR AGD ADULT FEMALES, NEGRO 12 .6% 16.7% 53 .7% ANO OTHER RACES ADULT FEMALES, VHITE 6.9% -6.8% 43.8% PERCENT PERCENl' 13 11 9 7 5 3 19 71 1972 1973 1974 1975 SOURCE : BUREAU OF LABOR STATISTICS 8 SEPTEMBER 1975 · A.2.1 - Unemployment Rate by Age, Sex, and Race Both Sexes, 16 to 19 Years TH IS CHANGE CHANGE PERI CID LAST PER. YEAR RGCl TEENAGERS, NEGRCl AND 37.4% 11. 6% 18.0% ClTHER RACES TEENAGERS, \/HITE 19. 1% 8. 5% 43. 6% PERCENT PERCENT 45 45 40 40 35 35 30 30 25 25 20 15 15 10 10 19 71 1972 1973 1974 1975 SC!URCE: BUREAU Clf LABC!R STATISTICS 8 SEPTEMBER 1975 • The stability in unemployment masked divergent trends in black and white jo lessness. 8 The decrease in unemployment among White Adult Men was more than double that of Blacks. • The Unemployment Rate for Adult Black Women rose to an all time high of 12.6 percent, up 16. 7 percent from July. • The comparable rate for White Women was down 6.8 percent. ...... -fo,,• 'f () • To a lesser extent, tilt me em prevailed among Teenagers: (' • Black teenage unemployment was up 11.6 percent. • White teenage unetnpfoyment rose 8.5 percent. A.2.1 - Unemployment Rate By Industry THIS CHANGE CHANGE PERI DO LAST PER . YEAR AGD CDNSTRUCTIDN 19.9% -4.3% 76.1% AGRICULTURAL VORKERS 10.5% 25.0% 50. 0% MANUFACTURING --- 10.5% -5.4% 90.9% VHOLESRLE AND RETAIL TRADE 8.9% 7. 2% 43. 5% PERCENT PERCENT 25 25 23 23 21 21 19 19 17 17 15 15 13 13 I ' \ 11 11 9 19 7 7 I 5 5 3 3 1971 1972 1973 1974 19 75 SDURCE: BUREAU OF LABOR STATISTICS 8 SEPTEMBER 1975 A.2.1 - Unemplo ment Rate By Occupation THIS CHANGE CHANGE PERI CJD LAST PER. YEAR AGCJ BLUE Cl'lLLAR 11. 5% -5. 0% 74. 2% SERVICE VCJRKERS 9.3% 12. 1% 47.6% SKILLED CRAFT UCJRKERS- 8. 2% -14. 6% 90. 7% PERCENT PERCENT l "\ l "\ 12 12 10 10 8 8 6 6 4 2 2 19 71 1972 1973 197"\ 1975 SCJURCE : BUREAU CJF LABCJR STATISTICS 8 SEPTEMBER 1975 • There were also significant offsetting movements among the major industry groups. • Unemployment in Manufacturing and Contract Construction decreased substantially. • Joblessness was up in Wholesale and Retail Trade and among Agricultural Wage and Salary Workers. • Among the Occupational Groups, the rate for Blue-Collar W9rkers continued to decline, !ed primarily by Skilled Craft Workers. , • However, Service Worker Unemployment moved up to the highest level since the current recession began. A.2.2 - Duration of Unemployment Number of W orkers Unemployed THIS CHANGE CHANGE PERil'JD LAST PER. YEAR AGl'J LESS THAN 5 \/EEKS 2,676 -5.2% 6. 8% 5 HJ 14 \/EEKS 2,361 11 . 4% 62. 9% THl'JUSANDS 15 VEEKS AND l'JVER 2,842 -5.2% 202.3% THl'JUSANDS l'JF PERSl'JNS l'JF PERSCJNS 4000 4000 3500 3500 3000 3000 2500 2500 2000 2000 1500 1500 1000 1000 500 500 --- - 0 19 71 1972 1973 1974 1975 Sl'JURCE: BUREAU l'JF LABl'JR STATISTICS 8 SEPTEMBER 1975 A.2.2 - Average Duration of Unemployment THIS CHANGE CHANGE PERIOD LAST PER. YEAR AGO AVERAGE DURRTICJN 15.7 1. 9% 58.6% \/EEKS \/EEKS 18 16 14 12 10 8 19 71 1972 1973 1974 1975 SOURCE: BUREAU OF LABOR STATISTICS 8 SEPTEMBER 1975 • Long term joblessness decreased for the first time in over a year. • The number of workers unemployed 15 weeks or longer dropped by 160,000. • Despite this decrease the Average Duration was up slightly to 15.7 weeks. • Nearly six weeks above the year earlier average. A.3.1 - Average Workweek THIS CHRNGE CHANGE PERI CJD LAST PER . YEAR RGCJ MINING 40.3 -3.6% -6.1% MRNUFACTURING 39. 8 0.8% -1.0% CCJNTRACT CCJNSTRUCTICJN 36. 6 0. 8% 0. 5% AVERAGE PRIVATE NDNAGRICULTURAL -- 36.3 0.6% -1.1% AVERAGE VEEKLY HDURS IJEEKLY HDURS 45 . 45 44 I 44 43 43 42 41 41 40 40 39 39 38 i 38 37 37 36 36 35 35 34 34 19 71 19 72 1973 1974 1975 SDURCE: BURERU CJF LRBCJR STATISTICS 8 SEPTEMBER 1975 A.3.1 - Average Overtime Hours 1n Manufacturing THIS CHANGE CHANGE PERICJO LAST PER. YERR AGCJ FACTCJRY CJVERTIME 2. 7 3. 8% -20. 6% HCJURS HCJURS 4.5 4.5 4.0 4.0 3.5 3.5 3.0 3.0 2.5 2.5 2. 0 2.0 19 71 1972 1973 19 74 19 75 SCJURCE: BUREAU CJF LABCJR STATISTICS 8 SEPTEMBER 1975 • The Average Workweek rose two-tenths of an hour. • Much of the gain stemmed from a 0.3 hour increase in Manufacturing. • The August level stands a full hour above the recession low of 38.8 hours reached in February and March. • The only decrease was registered in Mining, which dropped 1.5 hours in August. • - Factory Overtime edged up 0.1 hour, continuing the small gains posted since April. ---· A.4.4 - Manufacturers' Shipments, Inventories, Orders All Manufacturing THIS CHANGE CHANGE PERI CJD LAST PER . YEAR AGCJ TOTAL INVENTORIES $147 .1 -0.6% 7.6% UNFILLED CJROERS $121 . 4 0. 4% -9.8% NET NE\I CJRDERS $83. 1 3. 6% -4. 7% BILLICJNS SHIPMENTS --- $82.6 2.3% -1 . 3% BILLICJNS CJF DCJLLARS CJF DCJLLl=IRS 170 170 160 160 150 150 140 140 130 130 120 120 110 110 100 100 90 90 80 80 70 70 60 60 50 50 19 71 19 72 1973 1974 1975 SCJURCE: BUREAU CJF THE CENSUS 8 SEPTEMBER 1975 A.4.4 - Inventories by Stage of Fabrication All Manufacturing THIS CHANGE CHANGE PERICJO LAST PER. YEAR AGCJ VCJRK-IN-PRCJCESS $49.4 0.2% 5.5% FI NISHED Gl'JCJOS $46. 5 -0. 7% 12. 5% BILLICJNS MATERIALS ANO SUPPLIES --- $51.2 -1.4% 5.4% BILLICJNS CJF OCJLLARS CJF DCJLLARS 60 60 55 55 50 50 45 40 40 35 _____ ..,. __ _ 35 --- --..---~ ------30 30 25 25 1971 1972 1973 . 1974 1975 SCJURCE : BUREAU CJF THE CENSUS 8 SEPTEMBER 1975 • New Orders rose sharply in July, the fourth consecutive monthly increase. • Largest gain since the 6 percent increase in April, moving the level of New Orders above that of Shipments for the first time since last September. • Shipments increased 2.3 percent to $82.6 billion. • Unfilled Orders increased $492 million. • First increase since October 1974. • Inventories continued to shrink at the factory level, contracting an additional $950 million. • Fifth consecutive month of decline. • Materials and Supplies accounted for $750 million of the Total Inventory A.4.4 - Manufacturers' Shipments, Inventories, Orders Durable Goods THIS CHANGE CHANGE PER ICJD LAST PER . YEAR AGCJ UNFILLED CJROERS $117. 0 0. 3% -9. 7% TCJTAL INVENTCJRIES $98.1 -0. 7% 9.9% NET NEU CJRDERS $41. 5 4. 3% - 12. 5% BILLICJNS SHIPMENTS - - - $41.2 1. 7% -6.1% BILLICJNS CJF OCJLLARS CIF DCJLLARS 150 150 140 140 130 ' 130 120 120 110 110 100 100 90 90 80 80 70 ' 70 60 60 50 50 40 40 30 30 20 20 10 10 1971 1972 1973 1974 1975 SCJURCE : BUREAU CJF THE CENSUS 8 SEPTEMBER 1975 A.4.4 - Net New 0 ders Selected Durable Goods Industries THIS CHANGE CHANGE PERI CJD LAST PER . YEAR AGCJ PRI MARY METALS $6. 2 5. 5% -28. 8% NQN ELECRICAL MACHINERY $7 .3 3.9% -15.7% BILLI CJNS FABR ICATED METALS $5.0 6.9% -17.9% BI LLICJNS CJF DCJLLARS CJF DCJLLARS 11 11 10 10 9 9 8 8 7 7 6 6 5 5 4 4 3 2 2 19 71 1972 1973 1974 19 75 - SCJURCE : BUREAU CJF THE CENSUS 8 SEPTEMBER 1975 • Durable Goods Shipments rose 1.7 percent in July after a 0.6 percent increase in June. • Unfilled Orders increased 0.3 percent after nine consecutive months of decline. • Inventory Liquidation continued a further 0.7 percent in July. • New Orders were up 4.3 percent, the largest gain since April's near-record increase. • Increases reported in Primary Metals ($323 million), Fabricated Metals ($323 million), and Nonelectrical Machinery ($274 million). A.4.4 - Manufacturers' Shipments, Inventories, Orders Nondurable Goods THIS CHANGE CHANGE PERICJO LAST PER. YEAR AGCl TCJTAL INVENTCJRIES $49.0 -0. 5% 3. 3% BILLICJNS SHIPMENTS $41.5 3.0% 3.9% BILLIONS ClF DCJLLARS DF DCJLLARS 55 55 50 45 45 40 35 35 30 30 25 25 1971 1972 1973 1974 1975 Selected Nondurable Goods Inventories THIS CHANGE CHANGE PERICJD LAST PER. YEAR AGCl CHEMICALS $10.7 -2. 3% 21.4% BILLICJNS PAPER & ALLIED PRCJOUCTS $4.5 -2.9% 12.0% BILLICJNS ClF OCJLLARS ClF DCJLLARS 13 13 11 11 9 9 7 7 5 5 3 3 1 19 71 1972 1973 19 74 1975 SCJURCE: BUREAU ClF THE CENSUS 8 SEPTEMBER 1975 A.4.4 - Manufacturers' Shipments Selected Nondurable Goods Industries THIS CHANGE CHANGE PERIOD LAST PER. YEAR AGCJ CHEMICALS $7. 3 4.7% 1.5% BILLICJNS PETRCJLEUM & CCJAL PRODUCTS $5. 5 4. 1% 7. 5% BILLIONS OF DOLLARS OF DOLLARS 9 9 8 8 7 7 6 6 5 5 4 3 2 0 0 19 71 19 72 1973 1974 19 75 SOURCE: BUREAU OF THE CENSUS 8 SEPTEMBER 1975 • Inventory liquidation in Nondurable Manufacturing slowed slightly from June. • Small increases in a majority of Industry Groups were more than offset by larger drops in Chemicals and Paper Products. • Shipments of Nondurables moved up sharply, !ed by: • Chemicals • Petroleum and Coal Products A.5.2 - Manufacturers' Export Sales and Orders of Durable Goods THIS CHRNGE CHANGE PERI CJD LAST PER. YERR RGCJ TIHAL SALES $4 , 510 0. 9% 23. 4% TDTRL NEV CJROERS EXCLUDING $3,373 -4.5% 16.3% MCJTCJR VEHICLES RND PARTS TCJTRL SALES EXCLUDING $3 ,675 0. 3% 29. 8% MILLICJNS MCJTCJR VEHICLES ANO PRATS MILLIONS CJF OCJLLRRS CJF OCJLLRRS 5000 5000 4500 ' 4500 4000 1 4000 3500 3500 3000 3000 2500 2500 2000 2000 1500 1500 1000 1000 19 71 19 72 1973 1974 19 75 SCJURCE: BURERU CJF THE CENSUS 8 SEPTEMBER 1975 A.5.2 - Manufacturers' Export Sales and Orders Aircraft and Parts THIS CHANGE CHANGE PERIOD LAST PER. YEAR AGCl NEU ClRDERS $414 -28. 9% 19. 0% MILLIONS SALES $462 -25.1% 27.6% MILLIONS OF DOLLARS OF DOLLARS 1100 1100 1000 ' 1000 900 900 800 800 700 700 600 600 500 500 400 400 300 300 200 200 100 ' 100 0 0 19 71 1972 1973 1974 1975 SOURCE: BUREAU Clf THE CENSUS 8 SEPTEMBER 1975 • Export New Orders placed with Durable Goods Manufactures (excluding Motor Vehicles and Parts) decreased $158 million (4.5 percent). • First decrease since April. • A $168 million drop in Aircraft Orders caused the decline. • Total Export Sales of Durable Goods increased to $4,510 million, the sixth consecutive monthly rise. • A $155 million decrease in Aircraft Sales was was offset by a $104 million ---increase in Machinery Sales and smaller increases in all other categories. • Since January, Export Sales have increased 24.4 percent. • Export Sales of Durable Goods (exduding Motor Vehicles and Parts) at $3,675 million in July were virtually unchanged from June. A.6.2 - Wholesale Price Index (1 967=1 00} TH IS CHANGE CHANGE PERIDD LAST PER. YEAR AGD FARM PRDDUCTS 190. 7 -1.5% 2.1% PRDCESSED FDDDS AND FEEDS 184 . 5 0. 3% 3.7% ALL CDMMDDITIES 176.2 0.8% 5.6% INDUSTRIAL CDMMDDIT IES 171.8 0. 6% 6.5% INDEX INDEX 220 220 210 210 200 200 190 190 180 180 170 170 _,. I' I / 160 I 160 I I I 150 I 150 I I I I 140 I 140 I I 130 I 130 .,,. ... / ...... - / 120 / 120 110 '! 110 100 100 19 71 197 19 73 1974 1975 SDURCE: BUREAU DF LAB~R STATISTICS 8 SEPTEMBER 1975 • The increase in Wholesale Prices (All Commodities) slowed somewhat in August, up 0.8 percent compared to 1.2 percent in July. • Due to the particular seasonal adjustment process used, the All Commodities Index rose faster than any of its components (see Note below). • Prices of Industrial Commodities continued to accelerate after relative stability during the first half of the year. • Processed Foods and Feeds increased by a modest 0.3 percent compared with July's 3.3 percent jump. • Farm Products Prices retreated 1.5 percent after the 6.6 percent surge in July. NOTE: All Commodities is seasonally adjusted independently and is not derived by adding together its seasonally adjusted components. On occasion, as in August, this procedure can produce situations in which changes in components are inconsistent with changes in the total, particularly when prices fluctuate widely. . . A.6.2 - Wholesale Price Index Selected Processed Foods and Feeds TH IS CHANGE CHANGE PER I CJD LAST PER . YEAR AGCJ REFINED VEGETABLE DILS 240.9 11.4% -27. 1% CRUDE VEGETABLE CJILS 227.0 6.0% -35.8% INDEX INDEX 375 375 325 325 275 ; 275 225 1225 ' 175 175 125 125 75 75 19 71 1972 19 73 1974 1975 Selected Processed Foods and Feeds TH IS CHANGE CHANGE PER I CJD LAST PER . YEAR AGCJ SUGAR ~ CCJNFECTICJNERY 239.6 5.4% -10.1% CCJFFEE 180. 0 9. 8% 6. 6% PCJRK 241 . 0 4.1% 38. 6% INDEX INDEX 430 430 380 380 330 330 280 280 230 230 180 - --- 180 130 po 80 I 80 19 71 1972 1973 1974 1975 ~ GI :t' SCJURCE : BUREAU CJF LABOR STATIST ICS .lo 8 SEPTEMBER 1975 4' • Vegetable Oils (both crude and refined) continued the upswing begu_n in July. • Sugar and Confectionery increased again in August. • Up 11.9 percent since June. • Coffee prices surged a record 9.8 percent in August after no change in the previous ten months. • Pork increased for the fifth month in a row. • Up 33.6 percent since March. - .. A.6.2 - Wholesale Price Index Selected Industrial Commodities THI S CHANGE CHANGE PERI ClD LAST PER. YEAR AGCl FUELS AND POVER 251. 4 2.9% 11 .7% TEXTILE PRCIDUCTS & APPAREL 137 . 2 0.7% - 3. 3% INDEX INDEX 275 275 250 225 200 200 175 175 150 150 125 125 100 100 19 71 1972 19 73 1974 19 75 Selected Farm Products THI S CHANGE CHANGE PERIOD LAST PER. YEAR AGCI FRESH ANO DRIED FRUITS 194. 8 - 5. 2% 10. 4% AND VEGETABLES LIVESTC'.JCK 196.3 -3.5% 10.0% INDEX INDEX 250 250 225 225 200 200 175 150 125 125 100 100°.90 <:.. 19 71 1972 19 73 1974 1975 'CC o:i ~ . ~ ~ SOURCE : BUREAU OF LABCJR STATIST ICS ~ 't- R ~FPTFMRFR 1Q7!:; ___.. • Fuels and Related Products and Power, up 2.9 percent, were> responsible for more than half of the total increase in lndustri~I Commodities. • Index has doubled since January, 1973. • Wholesale prices for Textile Products and Apparel have begun to increase after declining during the period September 1974-March 1975. • Up 2.1 percent since April. • The principal contributors to the decline in Farm Products were: • Fresh Fruits and Vegetables-down 5.2 percent. • Livestock-down 3.5 percent. • First decline in livestock prices in six months. . . A.7.2 - Value of New Construction Work Done Seasonally Adjusted Annual Rates THIS CHANGE CHANGE PERICIO LAST PER . YEAR AGCl CURRENT DOLLARS $122.3 0.4% -11. 4% BILLIONS CONSTANT OCILLARS $63. 9 -0. 3% -18. 0% BILLIONS OF DOLLARS ClF DCILLRRS 140 140 130 I 130 120 120 110 110 100 100 90 90 80 70 70 -- - 60 60 19 71 19 72 19 73 1974 1975 SCIURCE: BUREAU ClF THE CENSUS 8 SEPTEMBER 1975 A.7.2 - Value of New Construction Work Done Private aridYublic Construction Seasonally Adjusted Annual Rate THIS CHANGE CHANGE PERl('JO LAST PER. YEAR AG(') PRI VATE CDNSTRUCTIDN $45. 2 0. 9% - 20.4% BILLI('JNS DF PUBLIC CDNSTRUCTIDN $18.7 -3. 1% -11. 0% BILLl('JNS DF 1967 DDLLRRS 1967 0('JLLRRS 75 75 65 65 55 45 45 35 35 25 25 15 15 19 71 1972 1973 1974 1975 SDURCE: BUREAU DF THE CENSUS 8 SEPTEMBER 1975 • Construction Spending, in real terms, continued to decrease after a brief uptick in July. • In current dollars, spending was up 0.4 percent. • Private Construction rose almost 1 percent, the first real increase since July, 1973. • Public Construction, however, was down 3.1 percent. A.7.2 - Value of New Construction Work Done Private Residential Structures TH IS CHANGE CHANGE PERICJO LAST PER . YEAR AGCJ RESIDENTIAL BUILDINGS $22.9 3. 6% -22.6% BILLIDNS DF l UNIT STRUCTURES $14.2 6.0% -7.2% BI LU CJNS CJF 1967 DCJLLARS 1967 DCJLLARS 45 45 40 40 35 35 30 30 25 25 20 20 15 15 10 10 1971 1972 1973 1974 1975 Private Nonresidential Structures THIS CHANGE CHANGE PERICJD LAST PER. YEAR AGCJ NCJNRESIDENTIAL BUILDINGS $12. 1 -4. 0% -21.9% BILLIDNS DF INDUSTRIAL BUILDINGS $3.7 -5.1% -7.5% BI LU CJNS CJF 1967 DCJLLARS 1967 DOLLARS 20. 0 20.0 17.0 17.0 14. 0 14.0 11. 0 11.0 8.0 8.0 5.0 5.0 2.0 2. 1971 1972 1973 1974 1975 SCJURCE: BUREAU CJF THE CENSUS iJ 8 SEPTEMBER 1975 • Private Residential Buildings, up 3.6 percent, were the major cause for the increase in Private Construction. • One-Unit Structures rose 6 percent. • Private Nonresidential Buildings dropped 4 percent, and have declined 22.9 percent since the last increase recorded in October 1974. • Industrial Buildings fell 5.1 percent to a level of $3.7 billion . . . 8.1 .2 - Racial Composition of Selected Large Cities ~Percent Non-White Population, 1960 ~ Percent Non-White Population, 1970 Phila delphia 34·1% Baltimore Washington, n.c 72·1% Detroit Chicago Atlanta Cleveland 39-0% 0 10 20 40 00 00 70 00 100 Percent Source: Bureau of the Census 8 September 1975 8.1.2 - Factors of Change as Percent of Increase in Non-White Population Component Higher Rate of Natural Increase ~~ Inmigration of Races other than White Outmigration of Whites Percent 100 00 00 20 Phila- Balti- Washington, Detroit Chicago Atlanta Cleveland delphia more D.C. Source: Bureau of the Census 8 September 1975' • In a study of eleven cities with large Non-white populations, it was found that between 1960 and 1970 the movement of Whites from central cities of metropolitan areas was the single most important factor in changing the cities' racial composition. • By 1970 six of the eleven cities studied had populations that were over 40 percent Non-white. • Net lnmigration and higher rates of natural increase among Non-whites were less important factors than the movement of the White population. • In these cities White outmigration accounted for more than 50 percent of _ __ _ the increase in the percentage Non-white population between 1960 and - 1970. fOq() • During the 1960's in several of the cities with large Non-white populations, among <:.. them cleveland, there was a net outmigration of both whites and other races. • However, White outmigration was greater, yielding a net increase in the percent of Non-white population over the period. B.4.3 - Foreign Students in U.S. Colleges, 1973-74 By Region of Origin Far F.ast 53·5 Latin America Near and Middle F.ast Europe Africa North America Oceania Stateless or Unknown 0 10 20 ~ "° 00 Thousands of Students By Field of Study Engineering 31·2 Humanities 26·0 Physical and Life 19-6 Science Business Admin. 19·0 Scx::ial Science 16-4 Medical Science 8·6 Education 6{) Agriculture Other and Unknown 20·6 0 10 20 ~ "° 00 T:Qousands of Students Source: Institute of International Education 8 September 1975 • More than 150,000 students from other countries were enrolled in institutions of higher education in the United States and its outlying territories during 1973-74. • This is the largest foreign enrollment ever, and a four-fold increase in less than 20 years. • Fifty-three thousand students from the Far East accounted for 35 percent, comprising the largest proportion. • Hong Kong sent 10,764, the largest number of students. • India, which led the previous year's enrollment, was next, followed by Iran • Engineering continued to be the most popular field of study, chosen by 31,000, or 21 percent, of the foreign students. • The Humanities was next, selected by 17 percent. . .