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Report - The American Presidency Project

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Attention is being directed to the need for accurate measures of monthlyand quarterly changes in profits of unincorporated business. Considerationwill also be given to the feasibility of regularly constructing financial reportsfrom accessible operating information.Survey of Farm OperatorsAfter the Census of Agriculture for 1959 is completed, an annual samplesurvey of farm operators should be initiated to provide data on farm income,off-farm income, and farm production expenditures. The sample shouldmake possible estimates for at least three categories—large commercialfarms, small commercial farms, and all other farms.State and Local GovernmentsThe 1959 budget proposal includes the preparation of a quarterly reporton State and local government finances, including revenues, capital outlaysand current expenditures, indebtedness, and financial assets.

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