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Weekly Briefing Notes, 1/19/1976
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36714204
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Weekly Briefing Notes, 1/19/1976
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William J. Baroody Files (Ford Administration)
William Baroody's Copies of "Weekly Briefing Notes on U.S. Domestic Developments"
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Environmental Protection Agency. 12/2/1970-
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The original documents are located in Box 38, folder "Weekly Briefing Notes, 1/19/1976" 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 Gerald R. Ford donated to the United States of America his copyrights in all of his unpublished writings in National Archives collections.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 38 of the William J. Baroody Files at the Gerald R. Ford Presidential Library 4 7 * 13 * THE VICE PRESIDENT * 7 WASHINGTON # is January 22, 1976 MEMORANDUM FOR BILL BAROODY Attached is this week's copy of the Weekly Briefing Notes. lusson WEEKLY BRIEFING NOTES TABLE OF CONTENTS FOR CALENDER YEAR 1976 January 19. 1976 FREQUENCY LEGEND: W=Weekly: M=Monthly: Q=Quarterly: A=Annual: 0=0ther SECTION A-General Economic Indicators DATE SERIES LAST AP- PEARED IN BRIEFING NOTES LIBRARY Part 1-National Income and Product FORD A.1.1 (Q) Gross National Product & A.1.2 (M) Personal Income A.1.3 (Q) Corporate Profits GERALD A.1.4 (Q) Federal Receipts and Expenditures A.1.5 (Q) Business Investment Part 2- Employment and Unemployment A.2.1 (M) Unemployment Rate 1/12 A.2.2 (M) Duration of Unemployment 1/12 A.2.3 (W) Unemployment Insurance A.2.4 (M) Labor Turnover 1/5 A.2.5 (M) Help Wanted Index 1/12 Part 3-Hours. Earnings and Productivity A.3.1 (M) Average Workweek. Manufacturing A.3.2 (M) Compensation Per Man-hour A.3.3 (Q) Productivity Indices A.3.4 (M) Real Earnings A.3.5 (M) Work Stoppages 1/5 Part 4- Production and Trade A.4.1 (W) Industrial Production Index A.4.2 (W) Production of Primary Metals A.4.3 (M) Production and Sales of Transportation Equipment 1/12 A.4.4 (W) Manufactures' Shipments. Inventories. and Orders 1/5 A.4.5 (Q) Capacity Utilization 1/5 A.4.6 (M) Retail Sales 1/12 A.4.7 (M) Wholesale Trade: Sales and Inventories 1/12 A.4.8 (M) Manufacturing and Trade Inventories and Sales A.4.9 (Q) Manufactures' Evaluation of Their Inventories Part 5-Foreign Trade and Balance of Payments A.5.1 (M) Exports and Imports 1/5 A.5.2 (M) Manufacturers' Export Sales and Orders of Durable Goods 1/12 A.5.3 (Q) Balance of Payments A.5.4 (A) Foreign Travel Table of Contents-Continued Part 6-Prices A.6.1 (M) Consumer Price Index A.6.2 (M) Wholesale Price Index 1/12 A.6.3 (W) Tuesday Spot Market Price Index 1/5 Part 7 -Construction A.7.1 (M) Housing Construction A.7.2 (M) Value of New Construction Work Done 1/5 Part 8-Energy. Raw Materials. and Commodities A.8.1 (W) Distribution of Electric Power A.8.2 (M) Production and Consumption of Fossil Fuels Part 9-Agriculture A.9.1 (M) Farm Income and Expenses 1/5 3,12/1 Part 10-Money and Credit A.10.1 (W) Money Stock Measures A.10.2 (W) Bank Reserves A.10.3 (M) Consumer Credit A.10.4 (W) Common Stock Prices A.10.5 (W) U.S. Government Securities A.10.6 (M) Business Credit A.10.7 (W) Interest Rates Part 11 -Indicators of Business Activity A.11.1 (M) Composite Index of Leading Indicators 1/5 A.11.2 (M) New Business Incorporations A.11.3 (M) Number of Business Failures Part 12-Transportation A.12.1 (0) Commodity Transportation Table of Contents-Continued Section B-General Social Indicators Part 1- Population B.1.1 Population Estimates (M) Total Population (A) Total Population by Age, Sex. Race (A) Rate of Growth (A) Components of Change (Birth. Death, Net Immigration) (A) Abortions (A) Total Fertility (0) Population Projections B.1.2 Population Distribution (0) - Population by Size of Place (0) Population in Rural and Urban Areas 1/12 B.1.3 Migration (A) Recent Movers (A) Migration by Region Part The Family B.2.1 Living Arrangements. Selected Characteristics (A)-Age, Sex, and Race (A) Single Person Households (A) Children Living With Single Parents (A) Average Family Size B.2.2 Family Formation and Dissolution (A) Marital Status of the Population (M) Marriage and Divorce Rates (A) Marriages Ending in Divorce B.2.3 (0) Attitudes Towards Family Life Part 3-Health B.3.1 Life Expectancy (A) -At Birth (A) At Selected Ages (M.A) Death Rates by Cause (A) Leading Causes of Death (M.A)-Infant Mortality B.3.2 Morbidity (M) Communicable Diseases (A) Acute Illness B.3.3 Disability (0) Days of Disability by Type (0) - Institutionalized Population (A) Disability by Degree of Limitation and Cause (A) Short-Term Disability B.3.4 Health Status -Nutrition (0) O Dietary Intake (0) O Clinical Measurements (0) Obesity -Drugs (M) O Drug Deaths (M) O Drug Abuse Episodes (A) -Liquor - Consumption (A) -Smoking (0) Physical Fitness Table of Contents-Continued (0) Perceived Health Status B.3.5 Health Care Delivery (A) Physician and Dental Visits (A) Costs and Expenditures 1/12 (A) Facilities (A) Personnel (0) Attitudes Toward Health Care Part 4- Education B.4.1 Educational Achievement. Selected Characteristics (0) Math. Science. Reading. Writing (0) Music. Art. Literature. Citizenship B.4.2 Attainment (A) -High School Graduation Rate (A) The High School Educated Population by Race and Sex (A) College Educated Population by Race and Sex B.4.3 School Enrollment (A) Primary and Secondary School (A) Preprimary by Age, Race. Income (A) Modal Grade Enrollment by Sex. Race and Age (0) High School Students Expecting to go to College (0) College Entrance Rates by Sex. Race, and Socioeconomic Status (A) -College Enrollment (0) Participation in Adult Education B.4.4 Educational Facilities and Personnel (A) Schools. Classrooms (A) Teachers. Administrative. Others B.4.5 Costs and Expenditures (0) Expected Student Expenses. Higher Education (A) Expenditures by Level of Government Part 5 -Work B.5.1 Labor Force. Employment and Unemployment (A) Labor Force Participation (A) Part-time. Part-year Workers (A) Employment by Occupation (M.A) - Unemployment (Q) Discouraged Workers (A) Labor Union Membership B.5.2 Earnings (A) Median Earnings B.5.3 Working Conditions (A) Regular and Overtime Hours (A) Work Injuries by Occupation (0) - Time. Distance. and Mode of Transportation to Work B.5.4 Benefits (0) Vacations. Holidays (A) - Benefit Plans B.5.5 Retirement (A) - Persons Retiring From Work (0) - Work Life Expectancy (A) Retirement Benefits Table of Contents-Continued Part -Income. Consumption. and Wealth B.6.1 Income Levels (A) Median Family Income (A) Composition of Family Income (A) Per Capita Income B.6.2 Distribution of Income (A) Age. Race. and Sex (A) Regional Differences (A) Income Dispersion B.6.3 Poverty B.6.4 Consumption (Q) - Personal Consumption Expenditures (A) Consumption of Durable Goods B.6.5 Wealth (0) Wealth and Net Worth of Consumer Units (0) Composition of Wealth B.6.6 Consumer Borrowing and Debt (A) Amount of Debt Outstanding (A) Debt/Income Ratio B.6.7 Consumer Attitudes (M) Attitudes Toward Energy Use (Q) Attitudes Toward the Economy Part 7 Housing B.7.1 Housing Conditions (A) Average Size of Households (A) Households Lacking Selected Facilities. by Size, Race. Tenure. and Location (A) Average Number of Persons Per Room B.7.2 Home Tenure (A) Single Family Dwellings (A) Mobile Homes (A) Condominiums and Other Multi- Unit Structures 1/5 (A) Vacation Homes B.7.3 Cost and Expenditures (A) Average Mortgage Payments (A) Upkeep and Maintenance 1/5 (A) Average Rental Payments (M) Median Price for New One-Family Homes B.7.4 Attitudes Towards Housing and the Community Part 8-Leisure and Recreation B.8.1 Use of Leisure Time B.8.2 Recreation (0) Outdoor (Social, Active Sports. etc) (A.O) Indoor (Television. Visiting. Other) Part 9- Public Safety B.9.1 Crimes Known to Police (Q.A) Violent 1/5 (Q.A) Property 1/5 B.9.2 Victims of Crime. Selected Characteristics (A) Violent (A) Property B.9.3 (0) Fear of Crime. Selected Characteristics B.9.4 Police Activity Table of Contents-Continued (A) - Persons Arrested by Charge (A) Offenses Cleared B.9.5 Judicial Activity (A) - Persons Sentenced for Federal Crimes B.9.6 Prisoners: Adults and Juveniles (A) - Prisoners by Sentence (A) - Average Length of Sentence (A) - Persons Executed and Sentenced to Death (A) - Average Prison Population B.9.7 (A) Expenditures for Administration of Criminal Justice Table of Contents-Continued SECTION C-Government Activity Part 1-Social Welfare and Security C.1.1 Social Security (OASDHI) (M) Current Beneficiaries (M) New Beneficiaries (M) - Average Payment C.1.2 Old Age Assistance (M) - Benefits Paid (M) Recipients C.1.3 Aid to the Disabled (M) -Blind (M) -Deaf (M) -Other C.1.4 Aid to Families with Dependent Children (M) - Recipients (M) Benefits C.1.5 Unemployment Insurance Coverage (M) - Benefits Paid (M) - Recipients C.1.6 Housing Assistance (M) - Recipients (M) Benefits C.1.7 Food Stamps (M) Recipients (M) Benefits C.1.8 Aid to Disaster Victims (A) - Recipients (A) - Benefits C.1.9 Veterans Benefits (M) - Recipients (M) Benefits Part 2- Equal Opportunity C.2.1 Equal Employment Opportunity (A) Minority Employment (A) Earnings. Promotions. etc C.2.2 School Desegregation (A) - Students Attending Predominantly Minority Schools (A) Public/Private Enrollment and Control Part 3-Government Operation C.3.1 . Federal Employment (M) Employees (M) Payroll C.3.2 State and Local Employment (M) Employees (M) Payroll Table of Contents-Continued SECTION D-Environment. Science. Culture Part 1-Environment D.1.1 Air Quality (A) - Amount of Pollutants Released Into the Atmosphere (A) - -Ambient Air Quality, Nationwide. Major Cities (0) - Perceived Quality D.1.2 Water Quality (A) -Miles of Streams Meeting EPA Standards (A) -Oil Spills. Fish Kills (0) Eutrophication of Lakes D.1.3(0) Hazardous Substances (A) - Amounts Produced (A) - -Concentration in Biosphere D.1.4 Ecological Balances (A) Endangered Species (Plant and Animal) (0) Critical Areas (Coastal Zones) (A) - Land/People Density Part 2-Science D.2.1 Professionals in Basic Research (A) By Speciality (A) - Person Years of Scientists. Engineers Engaged in R&D D.2.2 Expenditures for Research and Development (A) - Private Industry (A) Government D.2.3 Science Achievement in Schools (0) Secondary Schools (0) -Higher Education D.2.4 Public Attitudes Toward Science and Technology Part 3-Culture D.3.1 (0) Persons Employed in Artistic Professions D.3.2 (0) Children's Skill and Appreciation of Literature. Arts. Music D.3.3 Participation in Cultural Activities (A) Voluntary Organizations (A) Travel (A) Hobbies. Sports. Music. etc D.3.4 Attendance at Cultural Events (A) Plays. Galleries. Motion Pictures (A) Concerts. Museums. etc D Table of Contents-Continued SECTION E-Selected Subjects E.0.1 (A) -Spanish Origin Population E.0.2 (A) - -Metropolitan and Nonmetropolitan Population. WEEKLY BRIEFING NOTES ON U.S. DOMESTIC DEVELOPMENTS Prepared for the President and the Vice President January 19, 1976 FORD & LIBRARY 0ERALD 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 GERALD FURD & GTVN Week of January 19, 1976 SOURCES OF DATA Average Workweek U.S. Department of Labor, Bureau of Labor Statistics, "Employment and Earnings Statistics for the United States" Hourly Earnings of Production Workers U.S. Department of Labor, Bureau of Labor Statistics, "Employment and Earnings Statistics for the United States" Industrial Production Board of Governors of the Federal Reserve System, "Industrial Production and Related Data" G.12.3 Manufacturing and Trade Inventories and Sales U.S. Department of Commerce, Bureau of Economic Analysis, "Survey of Current Business" Housing Construction U.S. Department of Commerce, Bureau of the Census, "Construction Reports," Series C Marital Status and Living Arrangements U.S. Department of Commerce, Bureau of the Census, Current Population Reports, Series P-20, No. 287, "Marital Status and Living Arrangements: March 1975" Shareownership The New York Stock Exchange, "Shareownership 1975," December 1975 Driver Licensing U.S. Department of Transportation, Federal Highway Administration, "Driver Licenses: 1974" FORD & LIBRARY QERALD Week of January 19, 1976 TABLE OF CONTENTS SERIES WEEKLY MONTHLY QUARTERLY ANNUAL OTHER 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-Hours, 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 A.5.2 Manufacturers' Export Sales and Orders of Durable Goods X A.5.3 Balance of Payments X A.5.4 Foreign Travel X Part 6-Prices ORD A.6.1 Consumer Price Index X A.6.2 Wholesale Price Index X A.6.3 Tuesday Spot Market Price Index GERALD LIBRARY X Week of January 19, 1976 TABLE OF CONTENTS-Continued SERIES WEEKLY MONTHLY QUARTERLY ANNUAL OTHER SECTION A-General Economic Indicators (Continued) Part 7-Construction A.7.1 Housing Construction X A.7.2 Value of New Construction Work Done X 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.10.3 Consumer Credit X A.10.4 Common Stock Prices X A.10.5 U.S. Government Securities X A.10.6 Business Credit X A.10.7 Interest Rates Part 11-Indicators 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 Part 12 Transportation A.12.1 Commodity Transportation 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 X B.1.2 Population Distribution - Population by Size of Place - Population in Rural and Urban Areas B.1.3 Migration THE X X FORD LIBRARY - Recent Movers X - Migration by Region X Week of January 19, 1976 TABLE OF CONTENTS-Continued SERIES WEEKLY MONTHLY QUARTERLY ANNUAL OTHER SECTION B-General Social Indicators (Continued) Part 2-The Family B.2.1 Living Arrangements, Selected Characteristics - Age, Sex, and Race 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 COND 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 X - At Selected Ages X - Death Rates by Cause X X - Leading Causes of Death X - Infant Mortality X X B.3.2 Morbidity - Communicable Diseases X - Acute Illness X B.3.3 Disability - Days of Disability by Type X - Institutionalized Population X ------------------------- Disability by Degree of Limitation and Cause X - Short-Term Disability X B3.4 Health Status CONCE Nutrition Dietary Intake Clinical Measurements X X X - Obesity - Drugs Drug Deaths X Drug Abuse Episodes X Liquor Consumption R X FORD - Smoking - Physical Fitness GERALD X X - Perceived Health Status X Week of January 19, 1976 TABLE OF CONTENTS-Continued SERIES WEEKLY MONTHLY QUARTERLY ANNUAL OTHER SECTION B-General Social Indicators (Continued) B.3.5 Health Care Delivery - Physician and Dental Visits - Costs and Expenditures - Facilities X X X X - Personnel - 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, Higher 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 - Employment 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 January 19, 1976 TABLE OF CONTENTS-Continued SERIES WEEKLY MONTHLY QUARTERLY ANNUAL OTHER 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 X B.5.5 Retirement - Persons Retiring From Work X - Work-Life Expectancy X - Retirement Benefits X Part 6-Income, 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 - Age, Race, and Sex X - Regional Differences X B.6.3 Poverty X B.6.4 Consumption - Personal Consumption Expenditures - 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 - Debt/Income Ratio X X B.6.7 Consumer Attitudes X Part 7-Housing B.7.1 Housing Conditions - Average Size of Households X - Households Lacking Selected Facilities, by Size, Race, Tenure, and Location GERALO X - Average Persons Per Room X Week of January 19, 1976 TABLE OF CONTENTS-Continued SERIES WEEKLY MONTHLY QUARTERLY ANNUAL OTHER SECTION B-Socioeconomic Series (Continued) B.7.2 Home Tenure - Single Family Dwellings X - Mobile Homes X - Condominiums and Other Multi-Unit Structures X - Vacation Homes X B.7.3 Cost and Expenditures - Average Mortgage Payments - Upkeep and Maintenance - Average Rental Payments X X X B.7.4 Attitudes Towards Housing and the Community X 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 X X - Property X X B.9.2 Victims of Crime, Selected Characteristics - Violent X - Property X B.9.3 Fear of Crime, Selected Characteristics X B.9.4 Police Activity - Persons Arrested by Charge X - Offenses Cleared X B.9.5 Judicial Activity - Persons Sentenced for Federal Crimes X B.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 B.9.7 Expenditures for Administration of Criminal Justice X Week of January 19, 1976 TABLE OF CONTENTS-Continued SERIES WEEKLY MONTHLY QUARTERLY ANNUAL OTHER SECTION C-Government Activity Part 1-Social Welfare and Security C.1.1 Social Security (OASDHI) - Current Beneficiaries - New Beneficiaries - Average Payment C.1.2 Old Age Assistance - Benefits Paid - Recipients X C.1.3 Aid to the Disabled - Blind X - Deaf X - Other X C.1.4 Aid to Families With Dependent Children - Recipients X - Benefits X C.1.5 Unemployment Insurance Coverage - Benefits Paid X - Recipients X C.1.6 Housing Assistance - Recipients X - Benefits X C.1.7 Food Stamps - Recipients X - Benefits X C.1.8 Aid to Disaster Victims - Recipients X - Benefits X C.1.9 Veterans Benefits - Recipients X - Benefits X Part 2-Equal Opportunity C.2.1 Equal Employment Opportunity - Minority Employment X - Earnings, Promotions, etc. X C.2.2 School Desegregation - Students Attending Predominantly Minority Schools X - Public/Private Enrollment, and Control GERALDR. X GERALD Week of January 19, 1976 TABLE OF CONTENTS-Continued SERIES WEEKLY MONTHLY QUARTERLY ANNUAL OTHER SECTION C-Government Activity (Continued) Part 3-Government Operation C.3.1 Federal Employment - Employees X - Payroll X C.3.2 State and Local Employment and Finances - Employees X - Payroll X SECTION D-Environment, Science, Culture Part 1-Environment D.1.1 Air Quality - Amount of Pollutants Released Into the Atmosphere X - Ambient Air Quality-National, Major Cities X - Perceived Quality 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 Species (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 X D.2.3 Science Achievement in Schools - Secondary Schools X - Higher Education RALD X Week of January 19, 1976 TABLE OF CONTENTS-Continued SERIES WEEKLY MONTHLY QUARTERLY ANNUAL OTHER SECTION D-Environment, Science, Culture D.2.4 Public Attitudes Towards Science and Technology X Part 3-Culture D.3.1 Persons Employed in Artistic Professions - By Type X D.3.2 Children's Skill and Appreciation of Literature Arts, Music X D.3.3 Participation in Cultural Activities CRED Voluntary Organizations X - Travel X - Hobbies, Sports, Music, etc. X D.3.4 Attendance at Cultural Events - Plays, Galleries, Motion Pictures X Concerts, Museums, etc. X SECTION E-Selected Subjects E.3 Shareownership of Public Corporations X E.4 Driver Licenses X BERALD FORD LIBRARY A.3.1 - Average Workweek THIS CHANGE CHANGE PERIOD LAST PER. YEAR AGO MINING 43.1 0.2% 4.4% MANUFACTURING 40.3 1.0% 2.3% CONTRACT CONSTRUCTION 37.5 1.9% 0.3% AVERAGE PRIVATE NONAGRICULTURAL 36.5 0.6% 0.6% AVERAGE WEEKLY HOURS WEEKLY HOURS 45 45 44 44 43 43 42 42 41 41 40 40 39 39 38 38 37 37 36 36 35 35 34 34 1971 1972 1973 1974 1975 SOURCE: BUREAU OF LABOR STATISTICS FORD & LIBRARY GERALD 19 JANUARY 1976 A.3.1 - Average Overtime in Manufacturing THIS CHANGE CHANGE PERIOD LAST PER. YEAR AGO FACTORY OVERTIME 3.0 10.7% 11.1% HOURS HOURS 4.0 4.0 3.5 3.5 3.0 3.0 2.5 2.5 2.0 2.0 1971 1972 1973 1974 1975 SOURCE: BUREAU OF LABOR STATISTICS 19 JANUARY 1976 The Average Workweek of Production or Nonsupervisory workers on non- farm payrolls continued a slow, uneven ascent, advancing by 0.2 hour in December to 36.5. Highest level since October 1974. Majority of gain attributed to 0.7 hour increase in Contract Construction and 0.4 hour increase in Manufacturing. Manufacturing workweek is still 0.7 hour below the pre- recession high of 41.0 recorded in February 1973. Factory Overtime climbed by 0.2 hour to 3.0 hours in December after holding steady at 2.8 hours since August. FORD is LIBRARY 9ERVLD A.3.2 - Average Hourly Earnings of Production Workers THIS CHANGE CHANGE PERIOD LAST PER. YEAR AGO MINING $6.11 0.2% 13.6% MANUFACTURING - - - $4.95 0.4% 7.1% PRIVATE NONAGRICULTURAL $4.67 0.0% 6.6% FINANCE, REAL ESTATE, EINSURANCE $4.22 -0.9% 6.3% DOLLARS DOLLARS 6.50 6.50 6.00 6.00 5.50 5.50 5.00 5.00 4.50 4.50 4.00 4.00 3.50 3.50 3.00 3.00 2.50 1971 1972 1973 1974 1975 SOURCE: BUREAU OF LABOR STATISTICS GERALD R. FORD 19 JANUARY 1976 LIBRANA 2.50 Average Hourly Earnings of Production or Nonsupervisory workers remained unchanged in December, holding steady at $4.67. , Hourly Earnings were up 6.6 percent over the past 12 months. There were offsetting movements among industry groups. & Mining and Manufacturing edged up 1 cent and 2 cents per hour, respectively. Mining posted the largest increase over the past year, up 73 cents per hour. Finance, Insurance, and Real Estate declined 4 cents per hour. FORD & LIBRARY 0ERALD of A.4.1 - Industrial Production Index (1967=100) THIS CHANGE CHANGE PERIOD LAST PER. YEAR AGO MATERIALS 117.9 1.0% 2.7% TOTAL 118.5 1.0% 0.9% PRODUCTS 118.9 0.9% 0.2% INDEX INDEX 135 135 130 130 125 125 120 120 115 115 110 110 105 105 100 100 1971 1972 1973 1974 1975 SOURCE: BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM FURD & LIBRARY GERALD 19 JANUARY 1976 Total Industrial Production accelerated in December, rising 1.0 percent compared to an upward-revised 0.5 percent gain in November. Up 7.8 percent from the April low, but still 7.1 percent below the November 1973 peak. Gains were strong and widespread among consumer goods, business equipment and materials. Materials rose 1.0 percent compared to 0.3 percent in November and are 2.7 percent above a year ago when production was in the midst of a 9-month decline. Products increased 0.9 percent compared to 0.7 percent in November. Up 5.8 percent from the March low. FORD i LIBRARY GERALD A.4.1 - Industrial roduction Index Components of Products THIS CHANGE CHANGE PERIOD LAST PER. YEAR AGO CONSUMER GOODS 129.6 1.0% 5.0% FINAL PRODUCTS 118.6 0.9% 0.3% EQUIPMENT 103.3 0.6% -6.7% INDEX INDEX 140 140 130 130 120 120 110 110 100 100 90 90 80 80 1971 1972 1973 1974 1975 Components of Consumer Goods THIS CHANGE CHANGE PERIOD LAST PER. YEAR AGO CONSUMER DURABLES 120.1 1.3% 9.1% HOME GOODS 125.6 1.4% 2.1% AUTOS 101.6 1.6% 45.6% INDEX INDEX 155 155 140 140 125 125 110 110 95 95 80 80 65 65 50 1972 1973 1974 GERAL 50 1971 1975 LIBRARY SOURCE: BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM 19 JANUARY 1976 A.4.1 - eduction Index Components of Equipment THIS CHANGE CHANGE PERIOD LAST PER. YEAR AGO BUSINESS EQUIPMENT 117.2 0.9% -7.8% TRANSIT EQUIPMENT 105.2 3.3% 2.2% INDEX INDEX 140 140 130 130 120 120 110 110 100 100 90 90 80 80 1971 1972 1973 1974 1975 SOURCE: BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM 19 JANUARY 1976 Production of Consumer Goods rose 1.0 percent following November's 0.9 percent gain reflecting a rise in Auto output and continued strength in production of appliances and household furnishings. Autos were up 1.6 percent, closing the year at 101.6, the high- est level in 14 months. Home Goods rose 1.4 percent. Equipment rose 0.6 percent, the second measurable gain in 1975, and stands 1.1 percent above the June-July low. Business Equipment rose 0.9 percent in December, the fourth increase in the past 5 months. Despite these recent increases, the output level remains only 2.9 percent above the June low. FORD & GERALD LIBRARY Transit Equipment more than doubled its rate of increase in December, rising 3.3 percent compared to 1.4 percent in November. A.4.1 - Industrial Production Index Components of Materials THIS CHANGE CHANGE PERIOD LAST PER. YEAR AGO FUEL E POWER, INDUSTRIAL 116.3 -2.9% 2.9% NONDURABLE MATERIALS 125.6 0.9% 8.1% DURABLE MATERIALS 113.1 1.9% -1.0% INDEX INDEX 150 150 140 140 130 130 120 120 110 110 100 100 90 90 1971 1972 1973 1974 1975 SOURCE: BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM 19 JANUARY 1976 Components of Durable Materials THIS CHANGE CHANGE PERIOD LAST PER. YEAR AGO IRON AND STEEL 97.9 2.0% -9.3% CONSUMER DURABLE PARTS 103.5 1.7% 12.9% EQUIPMENT PARTS 109.3 2.5% -7.6% INDEX INDEX 135 135 120 120 105 105 90 GERALD 90 FORD LIBRARY 75 75 60 60 1971 1972 1973 1974 1975 A.4.1 - Industrial Production Index Components of Nondurable Materials THIS CHANGE CHANGE PERIOD LAST PER. YEAR AGO TEXTILES, PAPER&CHEMICALS 137.9 1.0% 12.2% INDEX INDEX 145 145 140 140 135 135 130 130 125 125 120 120 115 115 110 110 105 105 1971 1972 1973 1974 1975 SOURCE: BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM 19 JANUARY 1976 Production of Industrial Fuel and Power declined for the second month in a row, down a total of 4.2 percent since October. Durable Materials continued its strong upswing, rising 1.9 percent in December, for a total gain of 13.3 percent since the June low. Iron and Steel increased for the fifth straight month: Consumer Durable Parts rose 1.7 percent after declining in November; and Equipment Parts almost equalled October's pace after slowing in November. Nondurable Materials rose 0.9 percent after recording virtually no change in November. Up 19.3 percent since the March low. Textiles, Chemicals, and Paper have increased approximately 30.0 percent since the spring low. At 137.9, Output is only 4.2 percent below the record high of 143.9 recorded in April 1974. FORD & GERALD LIBRARY A.4.8 - Manufacturing and Trade Sales THIS CHANGE CHANGE PERIOD LAST PER. YEAR AGO TOTAL SALES $174.4 -0.5% 3.8% NONDURABLE SALES $100.4 0.5% 6.8% BILLIONS DURABLE SALES $74.0 -1.9% 0.1% BILLIONS OF DOLLARS OF DOLLARS 180 180 160 160 140 140 120 120 100 100 80 80 60 60 40 R. FORD 40 1971 1972 1973 1974 1975 SOURCE: BUREAU OF ECONOMIC ANALYSIS GERALD LIBRARY 19 JANUARY 1976 A.4.8 - Manufacturing and Trade Sales by Industry Group THIS CHANGE CHANGE PERIOD LAST PER. YEAR AGO MANUAFACTURING SALES $87.1 -0.8% 1.6% RETAIL SALES $50.4 0.4% 13.1% BILLIONS WHOLESALE SALES $37.0 -1.2% -1.9% BILLIONS OF DOLLARS OF DOLLARS 90 90 80 80 70 70 60 60 50 50 40 40 30 30 20 20 1971 1972 1973 1974 1975 SOURCE: BUREAU OF ECONOMIC ANALYSIS 19 JANUARY 1976 Combined Business Sales declined $942 million, or 0.5 percent in November, compared to a $1,877 million increase in October. First decline in 8 months. Durable Goods Sales, down $1,412 million, was chiefly responsible for the overall decline in Business Sales. Nondurable Goods rose for the seventh time in 8 months, up $470 million from November, and up 9.6 percent from the March low. Declines in Manufacturing Sales, down $686 million, and Merchant Whole- salers, down $441 million, more than offset the $185 million increase in Retail Sales. FORD is LIBRARY GERALD A.4.8 - Manufacturing and Trade Inventories THIS CHANGE CHANGE PERIOD LAST PER. YEAR AGO TOTAL INVENTORIES $266.0 -0.3% -0.4% DURABLE INVENTORIES $157.2 -0.2% -0.1% BILLIONS NONDURABLE INVENTORIES $108.8 -0.4% -0.8% BILLIONS OF DOLLARS OF DOLLARS 300 300 250 250 200 200 150 150 100 100 50 50 1971 1972 1973 1974 1975 SOURCE: BUREAU OF ECONOMIC ANALYSIS 19 JANUARY 1976 FORD is LIBRARY CERALD A.4.8 - Manufacturing and Trade Inventory-to-Sales Ratio THIS CHANGE CHANGE PERIOD LAST PER. YEAR AGO DURABLE GOODS 2.12 1.4% -0.5% TOTAL 1.53 0.7% -3.8% NONDURABLE GOODS 1.08 -0.9% -7.7% RATIO RATIO 2.6 2.6 2.4 2.4 2.2 2.2 2.0 2.0 1.8 1.8 1.6 1.6 1.4 1.4 1.2 1.2 1.0 1.0 1971 1972 1973 1974 1975 SOURCE: BUREAU OF ECONOMIC ANALYSIS 19 JANUARY 1976 Total Business Inventories recorded its first decline since July, dropping $826 million in November compared to $1.8 billion increase in October. Durable Inventories continued to edge down for a total decline of 2.8 percent since January. Nondurable Goods decreased for the first time in 6 months, down $435 million. The Combined Business Stock-to-Sales Ratio rose 0.7 percent to 1.53, the first increase since March. While the Durable Stock-to-Sales Ratio rose for the first time in 3 months, the Nondurable Ratio remained at the same plateau established in July. FORD is LIBRARY GERALD A.4.8 - Manufacturing and Trade Inventories by Industry Group THIS CHANGE CHANGE PERIOD LAST PER. YEAR AGO MANUFACTURING INVENTORIES $146.7 0.1% -0.4% RETAIL INVENTORIES $73.8 -1.1% -0.2% BILLIONS WHOLESALE INVENTORIES $45.5 -0.5% -1.0% BILLIONS OF DOLLARS OF DOLLARS 160 160 140 140 120 120 100 100 80 80 60 60 40 40 20 20 1971 1972 1973 1974 1975 SOURCE: BUREAU OF ECONOMIC ANALYSIS FORD & LIBRARY GERALD 19 JANUARY 1976 A.4.8 - Inventory-to-Sales Ratio by Industry Group THIS CHANGE CHANGE PERIOD LAST PER. YEAR AGO MANUFACTURING 1.69 1.2% -1.8% RETAIL TRADE 1.47 -1.3% -11.4% WHOLESALE TRADE 1.23 0.8% 0.0% RATIO RATIO 2.0 2.0 1.9 1.9 1.8 1.8 1.7 1.7 1.6 1.6 1.5 1.5 1.4 1.4 1.3 1.3 1.2 1.2 1.1 1.1 1.0 1.0 1971 1972 1973 1974 1975 SOURCE: BUREAU OF ECONOMIC ANALYSIS 19 JANUARY 1976 The overall Inventory reduction reflected declines of $803 million in Retail and $225 million in Wholesale, which outweighed the $202 million increase in Manufacturing. The Stock-to-Sales Ratio for Manufacturing increased in November after five consecutive monthly declines. The Retail Ratio declined for the first time since July while the Wholesale Ratio increased for the second straight month. FORD & GERALD LIBRARY A.7.1 - Sales of New One-Family Homes THIS CHANGE CHANGE PERIOD LAST PER. YEAR AGO HOMES SOLDC ANNUAL RATES) 660 9.3% 51.7 THOUSANDS HOMES FOR SALE(END OF MONTH) 377 -2.3% -6.7% THOUSANDS OF UNITS OF UNITS 900 900 800 800 700 700 600 600 500 500 400 400 300 300 200 200 1971 1972 1973 1974 1975 SOURCE: BUREAU OF THE CENSUS BERALD ORD LIBRARY 19 JANUARY 1976 A.7.1 - Prices of New One-Family Homes Not Seasonally Adjusted THIS CHANGE CHANGE PERIOD LAST PER. YEAR AGO THOUSANDS MEDIAN SALES PRICE $40.8 0.3% 9.4% THOUSANDS OF DOLLARS OF DOLLARS 45 45 40 40 35 35 30 30 25 25 20 20 1971 1972 1973 1974 1975 SOURCE: BUREAU OF THE CENSUS 19 JANUARY 1976 The number of Homes Sold rose for the second month in a row, up 9.3 percent from upward revised October figure of 604,000 units. Highest level since May 1973. Since September, Homes Sold have risen 15 percent. Homes for Sale in November declined to the lowest level in nearly 31/2 years, down 2.3 percent to 377,000. However, since May, the inventory of Unsold Homes has been little changed, hovering around 380,000 units. Lowest level since August 1972. There was a 7.2 months' supply of housing in November 1975 at existing sales rates, compared with an 11.5 months' supply in November 1974. Median Sales Price reached another record high ($40,800), 0.3 percent above the previous high recorded in October 1975. FORD & GERALD LIBRARY A.7.1 - New Housing Units Completed Seasonally Adjusted at Annual Rates THIS CHANGE CHANGE PERIOD LAST PER. YEAR AGO TOTAL STRUCTURES 1,416 27.0% -14.5% ONE UNIT STRUCTURES 997 35.8% 11.6% STRUCTURES WITH 5 342 7.2% 26.7% THOUSANDS OR MORE UNITS THOUSANDS OF UNITS OF UNITS 2250 2250 2000 2000 1750 1750 1500 1500 1250 1250 1000 1000 750 750 500 500 250 250 1971 1972 1973 1974 1975 SOURCE: BUREAU OF THE CENSUS 19 JANUARY 1976 FORD & GERALD LIBRARY A.7.1 - New Housing Units Under Construction Not Seasonally Adjusted THIS CHANGE CHANGE PERIOD LAST PER. YEAR AGO TOTAL STRUCTURES 1,069 -1.8% -17.6% STRUCTURES WITH 5 438 -1.6% -33.8% UNITS OR MORE THOUSANDS ONE UNIT STRUCTURES 570 -2.2% 3.2% THOUSANDS OF UNITS OF UNITS 1800 1800 1500 1500 1200 1200 900 900 600 600 300 300 1971 1972 1973 1974 1975 SOURCE: BUREAU OF THE CENSUS 19 JANUARY 1976 Housing Units Completed rebounded a record 27 percent to a level of 1,416,000 units, following October's steep decline. Eclipsed the previous record established in August 1970. Single-Unit Completions were the major factor, rising 35.8 percent, erasing October's loss. 997,000 completions represents the highest annual rate since June 1974. Five or More Units increased 7 percent over October's revised rate of 319,000 units. Total Units Under Construction declined in November. Since February there has been little movement in the overall GERALD R. FORD total as a continued decrease in Apartment Units Under Construction has been offset by an upward trend in Single Units Under Construction. B.2.2 - Single (Never Married) Men and Women 20 to 24 Years Old: 1960, 1970, 1975 (Percent) Percent 100 100 90 90 80 80 70 70 59.9% 60 60 54.7% 53.1% 50 50 403% 40 40 35.8% 30 28.4% 30 20 20 10 10 0 0 1960 1970 1975 1960 1970 1975 Men Women Source: Bureau Of The Census 19 January 1976 FORD & GERALD LIBRARY During the last 15 years there has been a notable increase in the proportion of young men and women who remained never married beyond the ages where most men and women have traditionally married. The percent single among persons 20 to 24 years old (the range of years which covers the median age at first marriage for both men and women) increased from 28 percent in 1960 to 40 percent in 1975 for women, and from 53 percent in 1960 to 60 percent in 1975 for men. FORD & LIBRARY GERALD B.2.1 - Percent of Never-Married Men and Women 25 to 34 Years Old Who Maintain Their Own Households: 1970 and 1975 Percent 60 60 49.5% 50 50 43.4% 40 393% 40 37.7% 32.7% 297% 30 30 20 20 10 10 0 0 1970 1975 1970 1975 1970 1975 Total, Men Women Both Sexes Source: Bureau Of The Census 19 January 1976 FORD & LIBRARY CERALD More of today's single adults are maintaining their own households. In March 1975, 43 percent of never-married persons 25 to 34 years old were household heads as compared to 33 percent 5 years earlier. A higher proportion of single women than single men were household heads in both 1975 and 1970. The majority of these young adult household heads lived either alone or with persons not related to them. FORD is GERALD LIBRARY B.2.2 - Proportion of Ever-Married Persons 25 to 54 Years Old Who Were Divorced or Separated, By Race: 1970 and 1975 1970 All Races 6.9% White 5.5% Negro 19.9% 1975 All Races 10·1% White 8-4% Negro 26.6% 0 5 10 15 20 25 30 35 40 45 50 Percent Source: Bureau Of The Census 19 January 1976 FORD is LIBRARY GERALD The incidence of marital disruption through divorce or separation due to marital discord has increased since the beginning of the present decade. In 1975, 10 percent of all ever-married persons 25 to 54 years old were reported as either divorced (and not remarried) or separated. Corresponding figures for whites and Negroes were 8 percent and 27 percent, respectively. Five years earlier, about 7 percent of all ever-married persons 25 to 54 were divorced or separated with a level of 6 percent for whites and 20 percent for Negroes. FORD & LIBRARY GERALD B.2.1 - Percent of Persons Under 18 Years Old Living With Both Parents, By Race: 1970 and 1975 Percent 100 100 90 89-2% 90 84.9% 854% 803% 80 80 70 70 60 581% 60 50 494% 50 40 40 30 30 20 20 10 10 0 0 All Races White Negro All Races White Negro 1970 1975 Note: Excludes persons under 18 years old who were heads and wives of heads of family groups. Source: Bureau of the Census 19 January 1976 FORD is LIBRARY GERALD Among the most important consequences of the rising level of divorce and separation is the declining proportion of children who live in homes where both parents are present. In 1975, 80 percent of all children under 18 years old lived with both parents, a decline from 85 percent in 1970. The proportion of both white and Negro children who lived with both parents has declined in this period. Eighty-five percent of all white children lived with two parents in 1975 as compared with only about one-half of all Negro children. FORD & GERALD LIBRARY E.3 - Shareowner Population of Public Corporations Number of Shareowners In Millions 35 30850 30 25.206 25 20-120 20 17010 15 12.490 10 8·630 6490 5 0 1952 1956 1959 1962 1965 1970 1975 Source: The New York Stock Exchange 19 January 1976 FORD & LIBRARY GERALD By Market Place New York Stock Exchange Other Stock Exchanges Over the Counter Investment Companies Only 1970 1000% 1975 100-0% 0 10 20 30 40 50 60 70 80 90 100 Percent of Total Shareowner Population Source: The New York Stock Exchange 19 January 1976 FORD & GERALD LIBRARY The number of individual owners of corporate stock and investment company shares in the U.S. declined 18.3 percent during the past 51/2 years to a mid-1975 estimated total of 25.2 million. First decline in the shareowner total since the periodic New York Stock Exchange study was begun in 1952, reversing the pattern of steady gain registered in the previous surveys. While all market places suffered an absolute loss, the New York Stock Exchange fared better than the rest. Down only 2.1 percent to 17.9 million individuals, increasing its share of the market to 71.4 percent from less than 60 percent in 1970. The biggest decline in shareownership was in over-the-counter stocks, with the number of individuals owning them down 50.8 percent. Ownership in shares on exchanges other than the Big Board slumped 43.9 percent to 1 million, down to 4 percent of all market places. Mutual Fund Ownership (Investment Companies) decreased to 11.5 percent of the total number of shareowners. E.3 - Shareowner Population of Public Corporations By Region 1970 1975 In Millions 9 81 8 7 66 63 6 5-8 5-0 5 46 44 41 4 33 30 3 2.7 2.1 2 1 0 New Middle South South North Mountain England Atlantic Atlantic Central Central and Pacific Region Region Region Region Region Source: The New York Stock Exchange 19 January 1976 BERALD FORD LIBRARY E.3 - Shareowner Population of Public Corporations By Major Metropolitan Area 1970 1975 Metropolitan Area Population Under 100,000 12.7% 142% 100,000-249,999 15.4% 12.4% 250,000-499,999 15.1% 12.3% 500,000-999,999 15.5% 134% Over 1,000,000 192% 133% Nonmetropolitan Area Population Total 102% 8.4% 0 2 4 6 8 10 12 14 16 18 20 Percent of Population In Each Area Size Who Are Shareowners Source: The New York Stock Exchange 19 January 1976 The decline in the overall shareowner population was reflected in each of the regions. The North Central Region remained the region with the highest concen- tration of shareowners (6.6 million), down 18.8 percent from 1970. The Mountain and Pacific Regions were second, reporting 5 million shareowners in 1975. Declining 27.4 percent in 1975 (the largest percentage drop of any region), the Middle Atlantic Region slipped to 4.6 million shareowners. The only areas to increase its shareowner population were metropolitan areas with under 100,000 persons. All other metropolitan and nonmetropolitan areas decreased -- & FOR most dramatic was the drop from 19.2 percent to 13.3 percent in metropolitan areas with over 1 million persons. GERALD E.3 - Shareowner Population of Public Corporations By Age 1970 48 1975 53 0 5 10 15 20 25 30 35 40 45 50 55 Years By Sex 1970 1975 ADULTS 50-1% Males 497% 49-9% Females 503% MINORS 60-6% Males 58.5% 394% Females 41.5% 0 10 20 30 40 50 60 Percent Source: The New York Stock Exchange BERRLD 70 RD LIBRARY 19 January 1976 E.3 - Shareowner Population of Public Corporations By Income and Portfolio Size 1970 1975 HOUSEHOLD INCOME OF SHAREOWNERS $13.500 Median $19-000 U.S. HOUSEHOLD INCOME $8.400 Median $11.800 PORTFOLIO SIZE OF SHAREOWNERS $7.100 Median $10-050 0 2 4 6 8 10 12 14 16 18 20 In Thousands of Dollars Source: The New York Stock Exchange 19 January 1976 BERALD R. FORD Fewer young people are buying stock as the median age of shareowners increased from 48 to 53 years in the past 5 years. Suggests basic core of shareowners is the same as it was 5 years ago, only 5 years older. Women displaced men as the most numerous adult shareowners, but only by a small margin. In the six previous Exchange shareowner reports since 1952, men outnumbered women only in 1970. Among minors, men continued to outnumber women despite a drop in the proportion of male shareowners in 1975. The average shareowner had an annual household income of $19,000 com- pared to the U.S. average of $11,800, and held a stock portfolio valued at $10,050 on June 30,1975. E.4 - Characteristics of the Driving Population: 1974 Ratio of Males to Females 1.23% 19 and under 1.12% 1.15% 20-24 0.99% 1.13% 25-29 0.98% 1.12% 30-34 0.97% 1.12% 35-39 0.95% 1.15% 40-44 0.95% 1.16% 45-49 0.94% 1.20% 50-54 0.93% 1.26% 55-59 0.91% 1.33% 60-64 0.88% 1.45% 65-69 0.80% 1.83% 70 and over 0.65% 2 15 1 05 0 0 05 1 15 2 Driving Population Total Population Source: Federal Highway Administration Bureau Of The Census 19 January 1976 FORD is LIBRARY 9ERALD The ratio of males to females in the total population decreased with advancing age; however, the reverse was true in the driving population. The ratios of male-to-female drivers increased substantially and progressively in the age groups 55 and above. This will change as more women who have been familiar with automobiles all of their lives progress into older age groups. FORD i LIBRARY E.4 - Percent of Total Estimated Licensed Drivers: 1974 Male Drivers GERALD LIBRARY R FORD PERCENT OF TOTAL LICENSED DRIVERS 50 54.99 55 59.99 60 and over Source: Federal Highway Administration 19 January 1976 The most noticeable characteristic of the driver license distributions is that male drivers continue to outnumber female drivers in every State. More than 92 percent of the States vary within three percentage points of the national average (54.7 percent). Ohio has the highest proportion of male drivers, 60.4 percent, compared to the 50.2 percent recorded for Connecticut, the lowest State. The majority of States fell into the range between 50 and 55 percent of male drivers. FORD is LIBRARY GERALD E.4 - Percent of Total Estimated Licensed Drivers: 1974 24 Years Old and Under PERCENT OF TOTAL LICENSED DRIVERS 15 19.99 20 25.99 LIBRAR ALD FORD 26 29.99 30 and over Source: Federal Highway Administration 19 Januar 76 In the majority of States, between 20 to 26 percent of all drivers were 24 years of age or younger In New Mexico, almost one third (31.6 percent) of total licensed drivers were 24 years of age and under. In contrast, less than one-fifth of total drivers were 24 years old and under in Ohio, New York, and New Jersey. Only 17 percent of New York's drivers were 24 or younger. FORD & LIBRARY GERALD E.4 8 Ratio of Licensed Drivers to Driving Age Population: 1974 Per 1,000 Driving Age Population PER 1,000 DRIVING AGE POPULATION 600 699 700 799 LIBRARY GERALD R. FORD 800 899 Source: Federal Highway Administration 900 and over 19 January 1976 A comparison of licensed driver in each State with driving age popula- tion shows a range of from 641 drivers per 1,000 potential drivers in New York to 980 in Georgia. Urbanized States show lowest percent licensed to drive. Largest proportion of States fell in the category of 800-899 licensed drivers per 1,000 driving age population. Concentration of more than 900 drivers per 1,000 driving age population was centered in mid- to far-West. FORD & GERALD LIBRARY