20
Appendix D STATISTICAL TABLES RELATING TO THE DIFFUSION OF WELL-BEING, 1946-56 99 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

ERP1957 Appendixes 4

Embed Size (px)

Citation preview

Page 1: ERP1957 Appendixes 4

Appendix D

STATISTICAL TABLES RELATING TO THEDIFFUSION OF WELL-BEING, 1946-56

99

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 2: ERP1957 Appendixes 4

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 3: ERP1957 Appendixes 4

CONTENTSPage

D-l. Population growth and vital statistics, 1946-56 103D-2. Total and per capita gross national product, in current and 1956 prices,

1946-56 104D-3. Civilian employment, 1946-56 104D-4. Total and per capita personal income, in current and 1956 prices, 1946-56. 104D-5. Total and per capita disposable personal income, in current and 1956 prices,

1946-56 105D-6. Distribution of personal income disbursements, 1946-56 105D-7. Average family personal income, before and after Federal individual

income tax liability, in current and 1956 prices, 1946-47 and 1950-55. . 106D-8. Distribution of families by family-income groups, 1946-47 and 1950-55. . 106D-9. Average gross hourly earnings of production workers in manufacturing

industries, in current and 1956 prices, 1946-56 107D-10. Average weekly earnings, gross and net spendable, of production workers

in manufacturing industries, in current and 1956 prices, 1946-56. . . . 107D-l l . Average gross weekly earnings in selected industries, in current and 1956

prices, 1946-56 108D-12. Work stoppages, 1946-56 108D-l 3. Total and per capita personal consumption expenditures, in current and

1956 prices, 1946-56 109D-l 4. Vacations and vacation activities, 1946-56 109D-15. Families owning automobiles, 1948-49 and 1950-56 110D-16. Home ownership, 1947, 1950, and 1952-56 110D—17. Married couples with and without own household, 1946—56 I l lD-l8. Homes with selected electrical appliances, 1946-56 I l lD-19. Life insurance, 1946-56 112D-20. Selected financial assets of consumers, 1946-56 112D-21. Shareowners in public corporations, 1952, 1954, and 1956 112D-22. Fall school enrollment, 1948 and 1950-56 113D-23. Percent of civilian noninstitutional population 5 to 34 years of age enrolled

in school, by age group, October of each year, 1946-56 113D—24. Selected measures of educational achievement and costs, 1946-56 114D-25. Population, paid civilian employment, and employment covered by old-age 115

and survivors insurance and railroad retirement, 1946—56 115D—26. Old-age and survivors insurance benefits, 1946—56 115D-27. Unemployment insurance benefits, 1946-56 116D-28. Civilian hospital beds, 1946-56 116D-29. Hospital, surgical, and medical expense coverage, 1946-56 117D-30. Injury-frequency rates in manufacturing industries, 1946-56 117

IOI

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 4: ERP1957 Appendixes 4

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 5: ERP1957 Appendixes 4

Statistical Tables Relating to the Diffusion of Well-Being,1946-56

The following tables present certain indicators of the improvementof well-being that has been attained in the United States in the last decade.Necessarily, they are limited to those aspects and conditions of personalwelfare that can be expressed in quantitative terms. Although they failto reveal, excep indirectly, the qualitative aspects of welfare, they may beuseful indicators of some of the material conditions on which improvementsin the quality of living are based. Tables are included on production andemployment; personal income and its distribution; consumption; materialcomforts and conveniences; conditions of work; education; leisure andrecreational activities; personal financial security; and health.

TABLE D-l.—Population growth and vital statistics, 1946-56

Year

Population 1

Number(thousands)

Annualpercentage

gain

Birthrate2 Death

rate

Age-adjusted

deathrates

Infantmortality

Maternalmortality

Per 1,000 population Per 1,000 live births

1946.1947.1948.1949.

1950.1951.1952.1953.1954.

19551956.

141,389144,126146,631149,188

151, 683154, 360157, 028159, 636162,417

165, 271168,091

1.041.941.741.74

1.671.761.731.661.74

1.761.71

24.126.624.924.5

24.124.925.125.025.3

<24.96 25.1

10.010.19.99.7

9.69.79.69.69.2

9.35 9.4

9.19.08.88.5

8.48.38.28.17.7

7.75 7.7

33.832.232.031.3

29.228.428.427.826.6

26.45 26.0

1.571.351.17

.90

.75

.61

.52

.475.40

1 As of July 1; includes armed forces overseas.2 Adjusted for under-registration; see Table C-l for number of births.3 The age-adjusted rate makes allowance for changes in age composition of the population. The age-

adjusted rate for a given year is the death rate which would have resulted if the mortality of each age groupduring the given year had been experienced by a population with a standard age distribution. The agedistribution of the population enumerated on April 1,1940 is used as the standard.

4 Provisional.s Preliminary; based on provisional data for January-October 1956.

NOTE.—The birth rate for 1946 is based on total population including armed forces overseas. Birthrates for 1947-56 and death rates for 1946-56 are based on total population residing in continental UnitedStates (excluding armed forces overseas).

Sources: Department of Commerce and Department of Health, Education, and Welfare.

IO3

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 6: ERP1957 Appendixes 4

TABLE D-2.— Total and per capita gross national product, in current and 7956 prices, 1946-56

Year

19461947 _._1948 ___1949 - -

195019511952 _ _19531954

1955 _ .1956 2

Total (billions of dollars)

In currentprices

209.2232.2257.3257.3

285.1328.2345.4363.2360.7

390.9412.4

In 1956prices *

290.6289.6302.7301.8

329.9354.2366.6381.6374.6

401.7412.4

Per capita

In currentprices

1,4801,6111,7551,725

1,8792,1262,2002,2752,221

2,3652,453

In 1956prices

2,0552,0092,0642,023

2,1752,2952,3352,3902,306

2,4312,453

1 For method of deflation, see Table E-2.2 Preliminary; includes fourth quarter estimate by Council of Economic Advisers.Sources: Department of Commerce and Council of Economic Advisers.

TABLE D-3.—Civilian employment, 1946-56

![Millions of persons 14 years of age and over]

19461947. _ _19481949

19501951195219531954 _

19551956 .

Year

Civilian employment1

Total

55.258.059.458.7

60.061.061.362.261.2

63.265.0

Male

38.941.742.441.7

42.342.542.443.142.4

43.344.1

Female

16.316.317.017.0

17.718.518.919.118.9

19.920.8

1 See Table E-17 for further detail on the labor force.

NOTE.—Detail will not necessarily add to totals because of rounding.

Source: Department of Commerce.

TABLE D-4.— Total and per capita personal income, in current and 1956 prices, 1946-56

Year

1946._19471948--.1949. _

195019511952 . _19531954

19551956 2

Total (billions of dollars)

In currentprices

178.0190.5208.7206.8

227.0255.3271.8286.0287.3

306.1325.2

In 1956prices *

247.9231.5235.8235.8

256.5267.1277.9290.4290.5

310.4325.2

Per capita (dollars)

In currentprices

1,2591,3221,4231,386

1,4971,6541,7311,7921,769

1,8521,935

In 1956prices»

1,7531,6061,6081,580

1,6921,7301,7701,8191,789

1,8781,935

1 Dollar estimates in current prices divided by the consumer price index on a 1956 base.2 Preliminary; includes fourth quarter estimate by Council of Economic Advisers.Sources: Department of Commerce, Department of Labor, and Council of Economic Advisers.

IO4

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 7: ERP1957 Appendixes 4

TABLE D-5.- -Total and per capita disposable personal income, in current and 7956 prices,7946-561

Year

1946194719481949

195019511952 _ _ _19531954

19551956 3

Total (billions of dollars)

In currentprices

159.2169.0187.6188.2

206.1226.1237.4250.2254.4

270.6286.6

In 1956prices 2

221.7205.3212.0214.6

232.9236.5242.7254.0257.2

274.4286.6

Per capita (dollars)

In currentprices

1,1261,1731,2791,261

1,3591,4651,5121,5681,̂ 566

1,6371,705

I n 1956prices 2

1,5681,4251,4451,438

1,5361,5321,5461,5921,583

1,6601,705

1 Disposable personal income is personal income less personal taxes.2 Dollar estimates in current prices divided by the consumer price index on a 1956 base.3 Preliminary; includes fourth quarter estimate by Council of Economic Advisers.

Sources: Department of Commerce, Department of Labor, and Council of Economic Advisers.

TABLE D-6.—Distribution of personal income disbursements, 7946-56

Year

19461947. -19481949 -

19501951195219531954

19551956 2

Totalper-sonal

incomedis-

burse-ments(bil-lions

of dol-lars) i

180.0192.6210.9209.0

229.9258.7275.6289.9291.9

311.3331.0

Percent of total income disbursements

Labor income and transferpayments

Total

69.671.170.771.7

71.972.773.875.174.8

75.575.8

Wageand

salarydis-

burse-ments

62.263.864.164.3

63.766.067.168.167.0

67.668.0

Otherlabor

income

1.11.21.31.4

1.71.91.92.12.2

2.22.2

Trans-fer

pay-ments

6.36.15.45.9

6.64.94.84.95.6

5.75.6

Proprietors'income

Farm

7.77.57.96.1

5.86.25.54.64.3

3.83.5

Busi-nessand

profes-sional

11.810.310.210.2

10.09.69.38.98.9

8.88.8

Investment income

Total

10.911.011.112.1

12.311.511.311.512.1

12.011.8

Rentalincomeof per-sons

3.43.43.43.8

3.73.53.63.53.6

3.22.9

Divi-dends

3.23.43.43.6

4.03.53.33.23.4

3.63.6

Per-sonalinter-

estincome

4.24.34.34.7

4.64.54.54.75.1

5.25.3

1 Personal income receipts plus personal contributions for social insurance.2 Preliminary; includes fourth quarter estimate by Council of Economic Advisers.NOTE.—Detail will not necessarily add to totals because of rounding.Sources: Department of Commerce and Council of Economic Advisers.

105

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 8: ERP1957 Appendixes 4

TABLE D—7.—Average family personal income, before and after Federal individual income taxliability, in current and 1956 prices, 1946-47 and 1950-55

Year

19461947

1950— -19511952 *j1953 - -1954

1955

Number offamiliesand un-attached

individuals(millions)

43.344.7

48.949.550.250.551.2

52.2

Average (mean) personal income per familyor individual

Before tax

In currentprices

$3.9404,130

4, 4404,9005,1205,3705,340

5,520

In 1956prices *

$5,4905,020

5,0205,1305,2405,4505,400

5,600

After tax

In currentprices

(2)

$3,720

4,0704,4204,5704,7904,830

4,980

In 1956prices i

$4, 520

4,6004,6204, 6704,8604,880

5,050

1 Dollar estimates in current prices divided by the consumer price index on a 1956 base.2 Not available.

NOTE.—Data for 1948 and 1949 are not available.

Sources: Department of Commerce, Department of Labor, and Council of Economic Advisers.

TABLE D-8.—Distribution of families by family-income groups, 1946-47 and 1950-55

Year

Family personal income (before income taxes) >

TotalUnder$2,000

$2,000andover

Under$3,000

$3,000andover

Under$4,000

$4,000andover

Under$5,000

$5,000andover

Millions of families and unattached individuals

1946.1947.

1950.1951.1952.1953.1954.

1955.

1946.1947.

1950.19511952.19531954.

1955

43.344.7

48.949.550.250.551.2

52.2

11.411.1

11.39.29.08.48.5

8.3

31.933.6

37.640.341.242.142.7

43.9

20.219.6

19.416.415.514.614.8

14.5

23.125.1

29.533.134.735.936.4

37.7i

28.828.2

28.024.623.121.822.2

21.6

14.516.5

20.924.927.128.729.0

30.6

34.233.9

35.132.130.829.229.8

29.2

Percent of families and unattached individuals

9.110.8

13.817.419.421.321.4

23.0

100.0100.0

100.0100.0100.0100.0100.0

100.0

26.324.8

23.118.617.916.616.6

15.9

73.775.2

76.981.482.183.483.4

84.1

46.743.8

39.733.130.928.928.9

27.8

53.356.2

60.366.969.171.171.1

72.2

66.563.1

57.349.746.043.243.4

41.4

33.536.9

42.750.354.056.856.6

58.6

79.075.8

71.864.861.457.858.2

55.9

21.024.2

28.235.238.642.241.8

44.1

i In current prices.

NOTE.—Data for 1948 and 1949 are not available.

Source: Department of Commerce.

106

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 9: ERP1957 Appendixes 4

TABLE D-9.—Average gross hourly earnings of production workers in manufacturing industries,in current and 1956 prices, 1946-56

1946194719481949

1950 . . .19511952 ._ _19531954

1955 _1956 2

Year In currentprices

$1.091.241.351.40

1.461.591.671.771.81

1.881.98

In 1956prices l

$1.521.511.531.60

1.651.661.711.801.83

1.911.98

1 Dollar estimates in current prices divided by the consumer price index on a 1956 base.2 Preliminary.NOTE.—Average gross hourly earnings reflect not only changes in basic hourly and incentive wage rates,

but also such variable factors as premium pay for overtime and late-shift work, and changes in output ofworkers paid on an incentive basis.

Sources: Department of Labor and Council of Economic Advisers.

TABLE D-10.—Average weekly earnings, gross and net spendable, of production workers in manu-facturing industries, in current and 1956 prices, 1946—56

Year

19461947 -19481949 -

1950 _1951 _195219531954

19551956 3 -._

Average gross weeklyearnings

In currentprices

$43.8249.9754.1454.92

59.3364.7167.9771.6971.86

76.5280.13

In 1956prices 2

$61.0360.7261.1862.62

67.0467.6969.5072.7872.66

77.6180.13

Average net spendable weeklyearnings i

Worker with nodependents

In currentprices

$37.7242.7647.4348.09

51.0954.0455.6658.5459.55

63.1565.97

In 1956prices 2

$52.5351.9653.5954.83

57.7356.5356.9159.4360.21

64.0565.97

Worker with threedependents

In currentprices

$43. 2048.2453.1753.83

57.2161.2863.6266.5866.78

70.45 i73.33

In 1956prices 2

$60.1758.6160.0861.38

64.6464.1065.0567.5967.52

71.4573.33

1 Average gross weekly earnings less Federal social security and income taxes.2 Dollar estimates in current prices divided by the consumer price index on a 1956 base.3 Preliminary.NOTE.—Average gross weekly earnings are affected not only by changes in average gross hourly earnings

(see Table D-9, note), but also by changes in the length of the workweek, part-time work, stoppages forvarying causes, labor turnover, and absenteeism.

Sources: Department of Labor and Council of Economic Advisers.

107

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 10: ERP1957 Appendixes 4

TABLE D - l 1.—Average gross weekly earnings in selected industries, in current and 1956 prices^1946-56

[For production workers or nonsupervisory employees]

Year

1946194719481949 ___.

19501951195219531954

19551956 2

194619471948 .-_1949

195019511952 _19531954

19551956 2

Manufacturing

TotalDura-

blegoods

Non-durable

goods

Build-ing con-struc-tion

Retailtrade

Whole-sale

trade

Class Irail-roads

Tele-phone

Laun-dries

Bitu-minous

coalmining

In current prices

43.8249.9754.1454.92

59.3364.7167.9771.6971.86

76.5280.13

4a 4952.4657.1158.03

63.3269.4773.4677.2377.18

83.2186.39

41.1446.9650.6151.41

54.7158.4660.9863.6064.74

68.0671.45

56.2463.30

168.8570.95

73.7381.4788.0191.7694.12

96.03101.32

36.3540.6643.8545.93

47.6350.6552.6754.8856.70

58.5060.42

47.7351.9955.5857.55

60.3664.3167.8071.6973.93

77.5581.21

50.0055.0360.1162.36

64.1470.9374.3076.3378.74

81.7187.82

44.2944.7748.9251.78

54.3858.2661.2265.0268.46

72.0773.38

30.2032.7134.2334.98

35.4737.8138.6339.6940.10

40.7042.14

58.0366.5972.1263.28

70.3577.7978.0985.3180.85

96.26105.21

In 1956 prices 3

61.0360.7261.1862.62

67.0467.6969.5072.7872.66

77.6180.13

64.7563.7464.5366.17

71.5572.6775.1178.4178.04

84.3986.39

57.3057.0657.1958.62

61.8261.1562.3564.5765.46

69.0371.45

78.3376.9177.8080.90

83.3185.2289.9993.1695.17

97.39101.32

50.6349.4049.5552.37

53.8252.9853.8555.7257.33

59.3360.42

66.4863.1762.8065.62

68.2067.2769.3372.7874.75

78.6581.21

69.6466.8767.9271.11

72.4774.1975.9777.4979.62

82.8787.82

61.6954.4055.2859.04

61.4560.9462.6066.0169.22

73.0973.38

42.0639.7438.6839.89

40.0839.5539.5040.2940.55

41.2842.14

80.8280.9181.4972.16

79.4981.3779.8586.6181.75

97*63105.21

1 Data not comparable with prior data.2 Preliminary.

3 Dollar estimates in current prices divided by the consumer price index on a 1956 base.NOTE.—For definition of gross weekly earnings, see Table D-10, note.Sources: Department of Labor and Council of Economic Advisers.

TABLE D-12.—Work stoppages, 1946-56i

Year

1946 _ ___ _.194719481949

1950195119521953__1954

19551956 2

Workstoppages

4,9853,6933,4193,606

4,8434,7375,1175,0913,468

4,3203,800

Workersinvolved

(thousands)

4,6002,1701,9603,030

2,4102,2203,5402,4001,530

2,6501,900

Man-days idle

Number(thousands)

116,00034,60034,10050,500

38,80022,90059,10028,30022,600

28,20033,000

Percent ofestimatedworking

time of allworkers

1.4.4. 4

6

.4

.26

.3

.2

3. 3

1 The number of stoppages and workers involved pertain to stoppages beginning in the period. Data onman-days of idleness pertain to all stoppages in effect during the period.2 Preliminary.

Source: Department of Labor.

108

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 11: ERP1957 Appendixes 4

TABLE D-13.—Total and per capita personal consumption expenditures, in current and 1956prices, 1946-56

Year

194619471948 _ __-1949

1950 - - _19511952 . _19531954

195519562 -

Total (billions of dollars)

In currentprices

146.6165.0177.6180.6

194.0208.3218.3230.5236.5

254.0265.8

In 1956prices l

204.2200.5200.7205.9

219.2217.9223.2234.0239.1

257.6265.8

Per capita (dollars)

In currentprices

1,037

]]]

]

1,2111,211

1,279L,350L,3901,4441,466

1,537L, 581

In 1956pricesl

1,4441,3911,3681,381

1,4451,4121,4211,4661,472

1,5591,581

1 Dollar estimates in current prices divided by the consumer price index on a 1956 base.2 Preliminary.

Sources: Department of Commerce, Department of Labor, and Council of Economic Advisers.

TABLE D-14.—Vacations and vacation activities, 7946-56

Year

1946 - -194719481949

19501951 - _ .195219531954 _ - _

19551956 3

Number ofweeks of

vacations *(millions)

34.443.464.354.3

59.155.868.860.970.8

65.970.0

Visitors to areas adminis-tered by National ParkService (millions)

Total a

21.825.529.931.7

33.337.142.346>247.8

50.054.9

NationalParks only

9.010.711.313.0

13.915.117.117.418.0

18.820.1

1 Data relate to persons with a job but on vacation,to be with pay.2 Includes National Parks, national monuments, and other areas.3 Preliminary.

Sources: Department of Commerce and Department of Interior.

About 85 percent of vacations in 1956 are estimated

IO9

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 12: ERP1957 Appendixes 4

TABLE D-15.—Families owning automobiles, 1948-49 and 1950-56

19481949 . . . .

1950195119521953 . .1954

19551956 .

Year

Families owning automobiles

Number(millions)

2325

2730313134

3537

Percent ofall families

5456

6065656570

7173

NOTE.—Data relate to ownership of an automobile by some member of the family early in each year.Data are not available prior to 1948.

Source: Board of Governors of the Federal Eeserve System.

TABLE D - l 6.-—Home ownership, 1947, 1950, and 1952-56

Year

1947

1950 ._-19521953_-1954

19551956-.

Total owner-occupieddwelling units

Number(millions)

21.3

23.60)0)(00)

29.3

Percentof total

occupieddwelling

units

55

550)0)0)(0

60

Nonfarm owner-occupieddwelling units

Number(millions)

17.3

19.822.222.723.6

24.125.5

Percentof nonfarmoccupieddwelling

units

53

53565657

5759

i Not available.

NOTE.—Data are for the early part of each year, usually March or April.

Sources: Department of Commerce, Board of Governors of the Federal Reserve System, and Council ofEconomic Advisers.

I I O

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 13: ERP1957 Appendixes 4

TABLE D—17.—Married couples with and without own household, 1946-56

YearTotal

marriedcouples

Marriedcouples withown house-

hold

Marriedcouples

without ownhousehold

Millions

1946..1947-1948-.1949_.

1950..1951..1952..1953..1954..

1955..1956.

31.633.534.435.4

36.136.136.737.137.3

37.638.3

28.930.631.933.3

34.134.435.135.635.9

36.337.0

2.72.92.52.2

2.01.81.61.51.5

1.31.3

Percentwithout ownhousehold *

8.68.77.26.1

5.64.94.24.23.9

3.53.3

1 Percents are based on thousands of couples.

NOTE.—Data for 1946 relate to June, for 1950 and 1956 to March, and for all other years to April.

Source: Department of Commerce.

TABLE D-18.—Homes with selected electrical appliances, 1946-56

End of year

1946.1947-1948-1949-

1950.1951-1952.1953-1954-

1955-1956-

Wired homes with

Televisionsets

1.0

10.615.821.227.732.1

35.038.4

oi

2.910.1

26.438.550.263.574.1

76.181.0

Refriger-ators

21.423.527.029.5

33.835.537.839.441.4

43.345.5

69.171.276.679.2

86.486.789.290.492.5

94.196.0

Freezers

1.52.0

2.83.84.95.86.8

Vacuumcleaners(floor)

4.35.2

7.29.3

11.513.415.1

16.818.0

15.116.418.219.7

22.023.625.126.427.9

29.631.6

48.849.551.752.8

56.557.759.460.562.2

64.366.7

Electricwashers

Dryers (elec-tric and gas)

18.820.823.725.6

28.130.132.234.236.4

38.741.2

60.563.067.4

71.973.576.278.581.3

84.186.8

0.2

1.01.62.23.0

5.6

0.4.7

1.42.43.75.16.6

9.211.9

Air condi-tioners

0.1.1.1.1

.2

.3

.61.21.8

2.63.6

SBo o

0.2.2.3.4

.6

.81.42.64.0

5.67.6

Source: McGraw-Hill Publishing Co. {Electrical Merchandising).

I 11

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 14: ERP1957 Appendixes 4

TABLE D-19.—Life insurance, 1946-56

End of year

1946194719481949 - .

19501951 _195219531954

19551956 4

Disposablepersonalincome

perfamily

(dollars) *

3,4003,7003,9003,800

4,1004,4004,6004,8004,800

5,0005,200

Lifeinsuranceper family(dollars)

3,6003,9004,2004,300

4,6004,9005,3005,8006,300

6,9007,500

Numberof

policies(millions) *

177182188193

202210219229237

251265

Numberof policy-holders

(millions)

73757880

8386889093

3 103106

Policyreserves of

UnitedStates lifeinsurancecompanies(billions of

dollars)

41.744.948.251.5

54.958.562.666.770.9

75.480.1

* Differences between these figures and those in Table D-7 are due to rounding.2 Total of ordinary, group, and industrial.3 Figures beginning with 1955 are not strictly comparable with the earlier data because of a change in the

method of estimation. The result of this change in procedure was to raise the 1955 figure by 6 or 7 percentover the figure that would have been obtained by the old method.

* Estimate.

Sources: Department of Commerce and Institute of Life Insurance.

TABLE D-20.—Selected financial assets of consumers, 1946-56

[Amounts outstanding in billions of dollars]

End of year

19461947-19481949

1950 __1951_ :195219531954.

195519561 _ _

Currencyand demand

deposits

44.845.344.042.0

42.644.848.148.150.3

50.551.0

Time de-posits

49.651.752.653.5

54.055.960.064.068.3

71.274.7

Savingsand loan

shares

8.59.t

10.912.4

13.916.019.022.627.0

31.937.0

Federalobliga-tions

55.457.238.259.4

59.558.358.358.456.6

58.460.7

State andlocal ob-ligations

9.610.011.211.8

12.513.014.016.016.9

18.720.5

Mortgageholdings

13.514.916.116.9

17.718.419.420.522.2

24.126.0

1 Preliminary estimates by Council of Economic Advisers.

Source: Board of Governors of the Federal Reserve System (except as noted).

TABLE D-21.—Shareowners in public corporations, 1952, 1954, and 1956

195219541956

YearNumber ofshareowners(thousands)

6,4907,5008,630

NOTE.—Data for 1952 and 1956 relate to the early part of the year and for 1954 to the end of the year.

Sources: Brookings Institution and New York Stock Exchange.

1 1 2

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 15: ERP1957 Appendixes 4

TABLE D-22.—Fall school enrollment, 1948 and 1950-56 *

[Thousands of persons]

October

1948

1950—1951195219531954

19551956

Kindergarten

Total

1,086

9021,1071,3831,6541,509

1,6281,758

Publicschool

904

755876

1,1351,3361,235

1,3651,566

Pri-vate

school

182

147231249317274

263192

Elementary school

Total

19,778

20,50421,11621,99423,15424,427

25,45826,169

Publicschool

17,784

18,087C2)(2)

20,24521,416

22,07822,474

Pri-vate

school

1,994

2,417(2)C2)

2,9083,011

3,3793,695

High school

Total

6,334

6,6566,7737,1087,2667,733

7,9618,543

Publicschool

5,853

6,115

86,6007,0537,1817,668

Pri-vate

school

481

541(2)(2)665679

780875

College or profes-sional school

Total

2,278

2,2141,8691,9802,3772,414

2,3792,883

Publicschool

(2)

1,294

81,0421,4411,5151,824

Pri-vate

school

(2)

920

81,334

973864

1,059

1 Civilian noninstitutional population, 5 to 34 years of age.2 Not available.

NOTE.—Detail will not necessarily add to totals because of rounding.

Source: Department of Commerce.

TABLE D-23.—Percent of civilian noninstitutional population 5 to 34 years of age enrolled in school,by age group, October of each year, 1946-56

[Percent]

OctoberTotal5 to 34yearsof age

(2)42.343.143.9

44.245.446.848.850.0

50.852.3

Total

(2)50.351.252.1

52.754.456.058.359.7

60.461.9

5years i

(2)53.455.055.1

51.853.857.858.457.7

58.158.9

6years »

(2)96.296.296.2

97.096.096.897.796.8

98.297.0

5 to 29 years of age

7 to 9years

98.298.498.398.5

98.999.098.799.499.2

99.299.4

10 to 13years

98.398.698.098.7

98.699.298.999.499.5

99.299.2

14 and15

years

92.891.692.793.5

94.794.896.296.595.8

95.996.9

16 and17

years

66.767.671.269.5

71.375.173.474.778.0

77.478.4

18 and19

years

22.424.326.925.3

29.426.328.731.232.4

31.535.4

20 to 24years

10.010.29.79.2

9.08.39.5

11.111.2

11.112.8

25 to 29years

2.23.02.63.8

3.02.52.62.94.1

4.25.1

30 to 34yearsof age

1946__.1947__.1948__.1949__.

1950—1951__.1952__.1953__1954-

1955__.1956...

1.0.9

1.1

.71.21.71.5

1.61.9

i Includes children enrolled in kindergarten.3 Not available.

Source: Department of Commerce.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 16: ERP1957 Appendixes 4

TABLE D—24.—Selected measures of educational achievement and costs, 1946-56

Year

19461947 _ .19481949 _ .

19501951195219531954

19551956 7

Earned degrees conferred i

Bachelor'sand firstprofes-sional

136,174

271,019365,428

432,058382,546329,986303,049290, 825

285,138325,000

Master'sand

secondprofes-sional

19,209

42,40050,805

58,18365,07763, 53460,95956, 788

58,16557,400

Doctor's

1,966

4,1885,292

6,6337,3377,6838,3078,995

8,8378,270

Percent enrolled in school orcollege 2

Total(5 to 34years of

age)

42.343.143.9

44.245.446.848.850.0

50.852.3

5 to 13years of

age

92.391.992.7

92.892.892.393.693.6

93.994.0

14 to 17years of

age

80.179.381.881.6

83.385.185.185.987.1

86.988.2

Education expendi-tures per pupil inaverage daily

attendance(dollars) 3

Total *

145

203

259

313

351

Current

136

179

209

244

265

«2756 280

1 For school year ending in year shown.2 Percent of civilian noninstitutionai population 5 to 34 years of age enrolled as of October of each year.3 For pupils in public elementary and secondary schools.4 Total of current expenditures, capital outlays, ana interest paid.5 Not available.6 Estimates based on National Education Association data.7 Preliminary.

Sources: Department of Health, Education, and Welfare and Department of Commerce.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 17: ERP1957 Appendixes 4

TABLE D-25.- -Population, paid civilian employment, and employment covered by old-age andsurvivors insurance and railroad retirement, 1946-56

Year

Monthly averages: 21946194719481949

1950195119521953 _1954

19551956 4 --

Population

Civilian employment

Total paidemploy-

ment

Coveredby OASIincludingjoint rail-

road retire-ment-OASIcoverage i

Millions of persons 14 years of ageand over 3

103.1106.0107.2108.2

109.3107.1108.1111.6113.0

114.5116.0

53.056.057.456.8

58.159.359.760.259.5

61.563.2

33.335.636.935.8

36.746.146.647.346.3

51.754.0

Covered by OASI in-cluding joint railroadretirement-0 A SI cov-erage as percent of—

PopulationPaid

civilianemploy-

ment

Percent

32.333.634.433.1

33.643.043.142.441.0

45.246.5

62.863.664.363.0

63.277.778.178.677.8

84.185.4

i The Social Security Amendments of 1950 expanded by more than 10 million the number of jobs eligiblefor coverage by old-age and survivors insurance in a given month. The Social Security Amendments of1954 extended coverage to an additional 7H million jobs eligible for coverage on the average monthly basis;while the 1956 Amendments of the Social Security Act further extended coverage to nearly 1 million jobs, sothat today, 90 percent of all civilian gainfully employed persons are covered or eligible for coverage.

The expansion in the number of jobs eligible for coverage did not result in an equal number of additionalcovered persons, for three reasons. First, many persons holding these newly covered jobs had been workingat some time during the year in other jobs already covered; for these, the coverage was strengthened ratherthan extended. Second, a substantial number of persons affected by the amendments were eligible for cov-erage on a group elective basis, and not all of these groups had elected coverage by the end of 1956. Dataon covered workers in this table include only those workers in the voluntary coverage group who had electedto be covered. As of December 1956, there were about 6H million persons in jobs subject to coverage on agroup elective basis. Approximately half the number of persons in this group, comprised primarily ofministers (eligible on an individual elective basis) and employees of State and local governments, andnonprofit organizations, had elected coverage. Third, even in those jobs for which coverage was compul-sory, some persons had not reported their earnings for social security tax purposes.

a Beginning 1951, monthly averages are based on four calendar months: March, June, September, andDecember.

3 Civilian noninstitutional population in the Continental United States.* Estimates.

Sources: Department of Commerce, Department of Health, Education, and Welfare, Railroad Retire-ment Board, and Interstate Commerce Commission.

TABLE D-26.—Old-age and survivors insurance benefits, 1946-56

Year

194619471948 . . __.1949. .

19501951.._ _1952..19531954 .

195519562. _

Amount ofbenefits paid(millions of

dollars)

378466556667

9611,8852,1943,0063,670

4,9685,700

Number ofbeneficiaries

receivingmonthlypayments

(thousands)1

1,6421,9782,3152,743

3,4774,3795,0265,9816,886

7,9619,200

* Status at the end of the year.2 Preliminary.

Source: Department of Health, Education, and Welfare.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 18: ERP1957 Appendixes 4

TABLE D-27.—Unemployment insurance benefits, 1946-56

Year

194619471948 -1949

19501951. _ _ . _195219631954 _

19551956»

Civilian employment (mil-lions of persons, 14 yearsof age and orer)

Total

55.258.059.458.7

60.061.061.362.261.2

63.265.0

Covered byunemploy-ment com-pensation *

30.232.333.131.7

32.934.935.636.735.4

39.041.0

Coveredemployment

as percentof civilianemploy-ment1

54.755.755.754.0

54.857.258.159.057.8

61.763.1

Averageweekly

paymentfor total

unemploy-ment

(dollars)»

18.5017.8319.0320.48

20.7621.0922.7923.5824.93

25.0827.05

1 Data for 1955 and 1956 include State programs and programs for Federal employees; all other years arefor State programs only. Data for 1956 also Include workers added by the extension oi coverage to smallerfirms.

2 Preliminary.

Sources: Department of Commerce and Department of Labor.

TABLE T>-2S.-—Civilian hospital beds, 1946-56

1946— .1947 _19481949

1950.19511952 _19531954

19551956

End of yearNumber of

beds(thousands)

( i )1,0171,0251,119

1,1851,1941,2191,2421,275

1,2791,286

* Not available.

NOTE.—Data relate to the United States and Territories.

Source: Department of Health, Education, and Welfare.

116

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 19: ERP1957 Appendixes 4

TABLE D-29.—Hospital, surgical, and medical expense coverage, 1945-56

End of year

1946 .194719481949 .

195019511952 ._1953 ..__1954 _

19551956 L. .

Net number of persons protected (millions)

Hospitalexpense

42.152.661.066.0

76.685.391.097.3

101.5

107.7112.0

Surgicalexpense

18.626 234.141.1

54.264 972.581.085.9

91.996.0

Regularmedicalexpense

6.48 9

12.916.9

21.627 735.742.747.2

55.563.0

Majormedicalexpense

0.1.7

1.22.2

5.210.0

1 Estimate.

Source: Health Insurance Council.

TABLE D-30.—Injury-frequency rates in manufacturing industries, 7946-56

1946194719481949 .

19501951195219531954

19551956 2

Year Rate*

19.918.817.214.5

14.715.514.313.411.9

12.112.1

1 The injury-frequency rate is the average number of disabling work injuries for each million employee-hours worked.

2 Preliminary; January-September average.

Source: Department of Labor.

117

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 20: ERP1957 Appendixes 4

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis