Homes-Nonfarm Housing Units

693

No. 1173. HOMEOWNER-OCCUPANCY RATES-INSIDE AND OUTSIDE STANDARD METROPOLITAN Statistical AreaS, AND REGIONS: 1960 To 1972

[In percent. Annual averages. Based on Current Population Survey; see text, p. 1. For definition of standard metropolitan statistical areas, see Section 34. For composition of regions, see fig. I, p. xii]

Based partially on 1950 definition and partially on 1970 definition.

Source: U.S. Bureau of the Census, Current Housing Reports, series H-111 and Census of Population and Housing, 1970, series PHC (2)-1, United States Summary, General Demographic Trends for Metropolitan Areas, 1960 to 1970.

No. 1174. HOMES WITH SELECTED ELECTRICAL APPLIANCES: 1952 TO 1972 [Wired homes in millions. As of December 31. Percentages based on total number of homes wired for electricity]

NA Not available. X Not applicable.

1 Prior to 1970, radio data based on total homes, as follows: 53,300,000 in 1960, and 58,556,000 in 1965. Source: Billboard Publications, Inc., New York, N.Y., Merchandising Week, annual statistical issues. (Copyright.)

No. 1175. MORTGAGE STATUS OF NONFARM DWELLING UNITS: 1920 TO 1971 [In thousands, except percent. Prior to 1960, excludes Alaska and Hawaii. For 1920, mortgage data are for owner occupied units in all types of structures; for 1940 and 1950, for owner-occupied dwelling units in 1- to 4-dwelling unit structures without business; for 1960, for properties with 1- to 4-dwelling units, and for 1971, for properties with 1 housing unit. See also Historical Statistics, Colonial Times to 1957, series N 190-194]

Source: U.S. Bureau of the Census, U.S. Census of Housing: 1950, vol. I, 1960, and 1970, vol. V.

No. 1176. MORTGAGED OWNER-OCCUPIED NONFARM PROPERTIES-MARKET VALUE, MORTGAGE DEBT, AND INTEREST RATE: 1890 TO 1971

[Prior to 1960, excludes Alaska and Hawail. For definition of median, see preface]

Source: Prior to 1960, Ratcliff, Rathbun, and Honnold, Residential Finance, 1950, John Wiley and Sons, New York, N. Y.; thereafter, U.S. Bureau of the Census, U.S. Census of Housing. 1960; and 1970, vol. V.

No. 1177.

RESIDENTIAL LOANS UNDERWRITTEN BY FHA AND VA: 1950 To 1972 [In millions of dollars. FHA-insured loans represent gross amount of insurance written; VA-guaranteed loans, gross amount of loans closed. Figures do not take account of principal repayments on previously insured or guaranteed loans. See also Historical Statistics, Colonial Times to 1957, series N 179-185]

* Includes refinancing loans, loans on mobile homes (beginning in 1971), and a small amount of alteration and repair loans. In the latter catagory, only loans of more than $1,000 need be secured.

Source: U.S. Board of Governors of the Federal Reserve System. Current data in Federal Reserve Bulletin. No. 1178. CHARACTERISTICS OF CONVENTIONAL FIRST MORTGAGE LOANS FOR PURCHASE OF SINGLE-FAMILY HOMES: 1970 TO 1973

[Percent, except as indicated. Monthly averages. Refers to loans originated directly (rather than through correspondents) by savings and loan associations, life insurance companies, mortgage companies, commercial banks. and mutual savings banks. 1973, Apr. data not comparable with earlier years because of technical changes in procedures for compiling averages]

Include only discounts and initial payments that provide additional income to lender; exclude reimbursable closing costs. Expressed as percent of principal mortgage amount.

Source: U.S. Federal Home Loan Bank Board, monthly news releases.

FHA Insured Mortgages-Home Loans-Foreclosures

695

No. 1179. ONE-FAMILY HOMES, FHA-INSURED MORTGAGES: 1960 TO 1972 [Percent distribution, except median value and cost. Data are for "Section 203(b)" only. For definition of median,

Represents zero.

NA Not available. 1 Comprises mortgage payment for first year, estimated heating

and utilities cost, and estimated upkeep. 2 Average.

Source: U.S. Dept. of Housing and Urban Development, Housing Production and Mortgage Credit-FHA, HUD Statistical Yearbook.

No. 1180. HOME LOANS GUARANTEED BY VA: 1960 to 1972

[Percent distribution. Covers veterans regardless of place of residence. Based on complete count of primary loans

closed]

With no downpayments

Downpayment status, all loans. 100,0 100.0 100,0 100,0 100,0 100,0 With downpayments 30.2 24.4 33.1 32.9 28.9 66.5 69.8 75.6 66.9 67.1 71.1 33.5 68.9

100, 0

31.1

Source: U.S. Veterans Administration, Loan Guaranty Highlights.

No. 1181. ESTIMATED NONFARM REAL ESTATE FORECLOSURES: 1930 TO 1972 [Old series excludes Alaska and Hawaii. Based on data from approximately 1,700 counties, cities, townships, or other government divisions. Represents number of properties acquired through foreclosure proceedings. Excludes voluntary deeds of sale in lieu of foreclosure and defaults on real estate contracts. See also Historical Statistics, Colonial Times to 1957, series N 189]

X Not applicable. Discontinued after 1968.

Based on 1967 benchmark and, to a minor degree, also differs conceptually from old series; difference largely due to understated reports and underestimating in old series. Includes farm foreclosures, relatively small. Source: U.S. Federal Home Loan Bank Board, Savings and Home Financing Source Book, annual.

No. 1182. URBAN RENEWAL PROGRAM-SUMMARY: 1949 To 1971 [Money figures in thousands of dollars. Includes Puerto Rico, Guam, and Virgin Islands. Represents Federal grant assistance to localities by the Department of Housing and Urban Development for urban renewal activities under Title I of Housing Act of 1949, as amended]

Source: U.S. Dept. of Housing and Urban Development, Community Development and Community Planning and Management, HUD Statistical Yearbook and Report of Urban Renewal Operations.

No. 1183. COMPREHENSIVE PLANNING ASSISTANCE PROGRAM: 1954 to 1972 [Money figures in thousands of dollars. Includes Puerto Rico, Guam, and Virgin Islands. Planning grants are made to State planning agencies, and metropolitan, regional, or other qualified planning agencies]

Represents zero. 1 Localities with a population under 50,000.

* Local Development Districts, Economic Development Districts, and Non-metropolitan Districts, etc. Source: U.S. Dept. of Housing and Urban Development, Community Planning and Management, HUD Statistical Yearbook, and unpublished data.

Section 28
Manufactures

This section presents measures of the manufacturing segment of the economy and its component inputs and outputs. The input data include figures for establishments; employment and wages; raw materials, fuels, and electricity consumed; plant and equipment expenditures; and water use. The output data include figures for value and quantity of production and shipments; and value added by manufacture. Both types of data are shown for manufacturing as a whole, for major product groups, and for specific selected products.

The principal sources of these data are the Bureau of the Census reports of the quinquennial Census of Manufactures; the Annual Survey of Manufactures; and the Current Industrial Reports series, which presents monthly, quarterly, or annual data on production, shipments, and stocks for particular commodities. Indexes of industrial production are presented monthly in the Federal Reserve Board's Federal Reserve Bulletin. Reports on current etivities of industries, or current movements of individual commodities, are also compiled by such government agencies as Bureau of Labor Statistics, Statistical Reporting Service of the Department of Agriculture, Bureau of Domestic Commerce, Fish and Wildlife Service, Tariff Commission, and Internal Revenue Service; and by private research or trade associations such as the American Iron and Steel Institute and the National Canners Association, both in Washington, D.C., and the National Association of Hosiery Manufacturers, Charlotte, N.C.

Data on financial operations and intercorporate relations of manufacturing corporations are collected from time to time by the Securities and Exchange Commission, the Tariff Commission, and the Federal Trade Commission. Financial statistics for certain manufacturing industries in the form of balance sheets, profit and loss statements, analyses of sales and expenses, lists of subsidiaries, and types and amounts of security issues are summarized and published for the leading corporations registered with the Securities and Exchange Commission. The Tariff Commission publishes commodity surveys which cover economic and competitive aspects of production, distribution, and international trade in selected important industries. The Federal Trade Commission has made several comprehensive studies of individual industries. Censuses and annual surveys.-The first Census of Manufactures covered the year 1809. Thereafter, a census was taken at 10-year intervals to 1899, with the exception of 1829. It was conducted at 5-year intervals from 1904 through 1919, and at 2-year intervals from 1921 through 1939. It was suspended during the World War II period until the 1947 census. Thereafter, censuses were taken covering 1954, 1958, 1963, and 1967.

The Annual Survey of Manufactures, conducted for the first time in 1949, carries forward, for the intercensal years, measures of manufacturing activity covered in detail by the quinquennial Census of Manufactures. It provides statistics on employment, payrolls, value added by manufacture, value of shipments, inventories, new capital expenditures, and value of fixed assets for industry groups, individual industries, geographic divisions, States, and large standard metropolitan statistical areas. The most recent annual survey is based on a sample of about 65,000 of an approximate total of 300,000 manufacturing establishments. It comprises all large plants, which account for approximately two-thirds of total manufacturing employment in the United States, and a representative selection of the more numerous small plants. Government-owned and operated establishments are excluded.