No. 490. SIZE OF SAVING-PERCENT DISTRIBUTION OF CONSUMER UNITS: 1963 [Based on a sample. Consumer units consist of families and unrelated individuals; see text, p. 3. For definitions of terms used and discussion of sampling variability, see source] 1 Includes following groups not shown separately: farm operators and laborers, units with head under age 65 reporting no work experience during 1962, and units who did not report occupation. * Includes negative and zero net worth. Source: Board of Governors of the Federal Reserve System; Federal Reserve Bulletin, January 1967. No. 491. FINANCIAL ASSETS AND Liabilities oF INDIVIDUALS: 1950 TO 1966 [In billions of dollars. As of end of year] Estimated market value. Nonguaranteed Federal agency issues included with "Other U.S. Government." Source: Securities and Exchange Commission. Published annually in Volume and Composition of Individuals' Saving, and in the Statistical Bulletin. No. 492. NATIONAL WEALTH, IN CURRENT AND CONSTANT (1947-49) DOLLARS: 1900 TO 1966 [Prior to 1966, excludes Alaska and Hawaii. Wealth data should be regarded as approximate only. See source for methods and sources used to derive these estimates. See text, p. 317] No. 493. NATIONAL BALANCE SHEET-SUMMARY: 1948, 1958, AND 1966 [In billions of dollars. Prior to 1966, excludes Alaska and Hawaii. See headnote, table 492] No. 494. NATIONAL WEALTH-PERCENT DISTRIBUTION, BY TYPE OF ASSET: 1929 TO 1966 No. 495. REAL WEALTH AND EQUITIEs Percent DISTRIBUTION, BY MAJOR ECONOMIC SECTORS: 1945, 1958, AND 1966 [Prior to 1966, excludes Alaska and Hawaii. See headnote, table 492] No. 496. FINANCIAL ASSETS AND NATIONAL WEALTH: 1945 AND 1965 FIG. XX. WHOLESALE PRICE INDEXES: 1952 TO 1966 (1957-59-100. Prices in primary markets. See tables 497 and 499 1952 1954 FIG. XXI. CONSUMER PRICE INDEXES: 1952 TO 1966 Source of figs. XX and XXI: Charts prepared by Dept. of Commerce, Bureau of the Census. Data from Dept. of Labor, Bureau of Labor Statistics. Section 12 This section presents indexes of wholesale, retail, and consumer prices, as well as prices for selected commodities. The primary sources of these data are publications of the Department of Labor, Bureau of Labor Statistics, which include: Monthly Labor Review; Consumer Price Index (monthly); Estimated Retail Food Prices by Cities (monthly); Retail Prices and Indexes of Fuels and Electricity (monthly); and Wholesale Prices and Price Indexes (monthly). The Statistical Reporting Service of the Department of Agriculture prepares indexes of prices received and prices paid by farmers. The Bureau of Labor Statistics prepares monthly indexes of wholesale prices; a daily index of spot market prices of 22 commodities; and indexes of consumer prices for urban wage earners and clerical workers for the average of U.S. cities and individually for selected large cities, as well as component indexes for food and other groups. Wholesale price index.-This index, dating from 1890, is the oldest continuous statistical series published by the Bureau of Labor Statistics. It is designed to measure average changes in prices of commodities sold in primary markets in the United States. The index has undergone 4 major revisions (see Monthly Labor Review, February 1962). It is now based on approximately 2,300 commodity price series instead of the approximately 1,900 included in the 1947-60 period and the 900 included for the period prior to 1947. Prices used in constructing the index are collected directly from sellers, if possible, and generally apply to the first significant large-volume commercial transaction for each commodity-i.e., the manufacturer's or other producer's selling price, the importer's selling price, or the selling price on an organized exchange or at a central market. The weights used in the index represent the total net selling value including value of sales for export, f.o.b. production point, less interplant transfers, but plus value of imports for consumption, for the producing and processing sector of the economy. For the 1947-54 period these values were based primarily on dollar value of transactions reported in the 1947 industrial censuses. For 1955-57, weights were computed from values of primary market transactions in 1952 and 1953. For 1958-60, the weights were the net selling value of commodities in 1954. For 1961-66, the weights were the net selling value of commodities in 1958. Effective January 1967, the weights are values of net shipments of commodities in 1963. Consumer price index.-This index as constructed through December 1963 measures the average change in prices of goods and services purchased by city wage-earner and clerical-worker families. Beginning January 1964, the coverage of the index was broadened to include single persons living alone. The weights used in calculating the index are based on studies of actual expenditures by wage earners and clerical workers. The quantities and qualities of the items in the "market basket" remain the same between consecutive pricing periods, so that the index measures the effect of price change only on the cost of living of these families. The index does not measure changes in the total amount families spend for living; city indexes do not measure relative differences in prices or living costs between cities. A study conducted during 1917-19 provided the weights used for 1913 to 1935. Since then, this index has undergone four major revisions, which involved bringing the "market basket" of goods and services up to date and improving the sample and methodology. From 1935 through 1949, time-to-time changes in retail prices were weighted by 1934-36 average expenditures except for certain temporary wartime adjustments. Weights used for 1950 through 1952 represented estimated 1949-50 |