TABLE F—74.—U. S. Government grants and credits, excluding military supplies and services,by areas, total postwar period and fiscal years 1953-57[Millions of dollars]ItemTotalWesternEurope(includingGreeceandTurkey 1 )EasternEuropeNearEast,Africa,andSouthAsia 2Vietnam,Laos,Cambodia,China,andKorea 3OtherAsiaandPacificLatinAmerica*Otherinternationalinstitutionsand unspecifiedGross new grants:Total postwar period 5 ...Fiscal year 1953Fiscal year 1954Fiscal year 1955Fiscal year 1956Fiscal year 1957Reverse grants and returnson grants:Total postwar period 5 __Fiscal year 1953Fiscal year 1954Fiscal year 1955Fiscal year 1956Fiscal year 1957Net new grants:Total postwar period 5 _.Fiscal year 1953Fiscal year 1954Fiscal year 1955Fiscal year 1956Fiscal year 1957New credits:Total postwar period 5__Fiscal year 1953Fiscal year 1954Fiscal year 1955Fiscal year 1956Fiscal year 1957Repayments:Total postwar period «„Fiscal year 1953Fiscal year 1954Fiscal year 1955Fiscal year 1956Fiscal year 1957Net new credits: 6Total postwar period 5 _.Fiscalyear 1953Fiscal year 1954Fiscal year 1955Fiscal year 1956Fiscal year 1957Total net grants and credits:Total postwar period 5 __Fiscal year 1953Fiscal year 1954Fiscal year 1955Fiscal year 1956Fiscal year 195732,9252,0461,6812,0391,7771,7821,4691058553636631, 4561,9411,5971,9861,7141,71713, 0236356244444754314,5395285014605126398,485107124-16-37-20839, 9402,0491,7211,9701,6771,50821, 3121,4611,0031,0596304691,234948049516220,0771,3679231,0105794068,94225716711289472,5074023712342752896,435-145-204-121-186-24226,5131,2227198893921651,070 1,49014227728131627339 138822131,031 1,353134275278314270123 9051075789112902481217121713470 657-4 95-4 39-5 77-5 95-431,100 2,009-4 229105 314356-1 4095 2273102705326237333,96230926853161373326413021111134-2 2-142164,0963072675306557493,54074434470973,5087342441,076351178114512567551341007187402-1683-1974373,9105612524144134460253454779546025345477951,48522827615887152747536010612912173817521652-43311,198199250107341261,065354159571061,065354159571062281792134142506-5')-14-21,115403659441041 Includes European Coal and Steel Community, European Payments Union, European ProductivityAgency, and Organization for European Economic Cooperation.2 Includes United States contribution to United Nations for Palestine Relief.3 Includes United States contribution to United Nations Korean Reconstruction and Relief Administration.* Includes United States contribution to Organization of American States.5 Postwar period covers July 1, 1945 through June 30, 1957. Excludes United States subscriptions toInternational Bank for Reconstruction and Development and International Monetary Fund.6 Does not include $2,257 million prior grants converted into credits in the postwar period (WesternEurope $1,970 million, Eastern Europe $222 million, Near East and Africa $11 million, China $50 million,and Latin America $3 million), Western Europe $1,000 million in fiscal year 1954, and Latin America $1million in fiscal year 1957.7 Less than $500,000.NOTE.—Detail will not necessarily add to totals because of rounding.Source: Department of Commerce.198
TABLE F—75.—U. S. Government grants of military supplies and services, by areas,total postwar period and fiscal years 1953—57[Fiscal years, millions of dollars]AreaTotalpostwarperiod119531954195519561957Gross military grants 320,3124,3203,5062,5403,0272,376Less: Reverse grants and returns255629101411Equals: Net military grants 220, 0574,2583,4972,5313,0132,365Western Europe (excluding Greece and Turkey) 2 .Near East (including Greece, Turkey, and Africa).Other Asia and PacificAmerican RepublicsUnspecified12,0252,6664,8323341993,12031476821352,32638172545211,58228959643201, 83438773238211,24339363372251 Postwar period covers July 1, 1945 through June 30, 1957.2 Includes cash contributions to the multilateral-construction program of the North Atlantic TreatyOrganization.NOTE.—Detail will not necessarily add to totals because of rounding.Source: Department of Commerce.TABLE F—76.—Estimated gold reserves and dollar holdings of foreign countries andinternational institutions, 1937 and 1949-57[Billions of dollars]1937194919501951195219531954End ofyear195519561957 1Total15.119.023.223.324.727.329.631.532.932.5Sterling areaTotal4.92.84.63.93.54.34.44.04.23.94.42.03.72.92.53.23.42.93.12.76.86.17.07.28.510.111.613.214.114.4OtherEuropeancountriesCanada1.0 0.4.6 1.5.5 2.1.5 2.3.5 2.6.6 2.5.6 2.7.7 2.6.6 3.0.6 3.2LatinAmericanRepublics1.03.13.53.43.43.73.84.04.34.7Allothercountries1.01.72.22.52.72.52.63.03.12.8UnitedKingdomContinentalOEECcountriesanddependenciesInternationalinstitutions3.33.33.43.53.63.94.03.52.91 As of September 30.NOTE.—Includes gold reserves and dollar holdings of all foreign countries with the exception of U. S. S. R.gold reserves, and of international institutions (International Bank for Reconstruction and Development,International Monetary Fund, United Nations, and others). Holdings of the Bank for InternationalSettlements (both for its own and EPU accounts) and of the Tripartite Commission for Restitution cfMonetary Gold are included with the holdings of continental OEEC countries and dependencies. Figuresrepresent (1) reported and estimated gold reserves of central banks and governments, (2) official andprivate short-term dollar holdings reported by banks in the United States, including foreign-held deposits,U. S. Government securities, and certain other short-term liabilities to foreigners, and (3) estimated holdingsof U. S. Government bonds and notes with original maturities of more than one year. Figures for1937 are not strictly comparable with those for subsequent years owing to exclusion of long-term U. S. Governmentbonds and notes.Source: Board of Governors of the Federal Reserve System.199
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Economic Reportof the PresidentTRAN
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LETTER OF TRANSMITTALTHE WHITE HOUS
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commercial demands and reduce the f
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APPENDIXESPageA. Summary of Recomme
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present consumption standards. Even
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favored by temporary conditions or
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Federal fiscal policies were also d
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growth with reasonable stability of
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The decline which became apparent i
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CHART 2Shifts in Major Components o
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1957 than in 1956, but in the secon
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though there was no significant inc
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CHART 4—ContinuedEmployment and I
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week was 39.3 hours and average ove
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CHART 5Price ChangesWholesale price
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CHART 6Consumer PricesAfter declini
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few decades and the still higher av
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CHART 7The Pattern of Credit Expans
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CHART 9Member Bank ReservesMember b
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CHART 10Interest Rates and Bond Yie
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CHART 11Indicators of Agricultural
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various forms. On dollar sales of w
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Because of the high level of privat
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TABLE 7.—World industrial product
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CHART 13World and U. S. Foreign Tra
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CHART 14U. S. Balance of PaymentsTh
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a still larger outflow of capital.
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Chapter 4Economic Opportunities and
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of the sources of strength for the
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The strength of our financial insti
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Chapter 5A Legislative Program To H
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growth and stability. Although Fede
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housing loans insured by the Federa
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directions, without sacrificing eit
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medical and dental teaching facilit
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standards and help maintain the inc
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funds, on financial dealings betwee
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on basic crops and dairy products.
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partners, and particularly on the s
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FEDERAL ECONOMIC STATISTICSA well-c
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Summary of Recommendations in the E
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e) Authorize the Secretary of Labor
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Appendix BREPORT TO THE PRESIDENT O
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Report to the President on the Acti
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Advisory Board on Economic Growth a
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Program for Improving Federal Stati
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various divisions. Improvements in
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InventoriesSeparate stage-of-fabric
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Appendix DTHE CONSUMER PRICE INDEX9
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total market basket since the base
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described are applied whenever poss
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were employed under contracts conta
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Productivity StatisticsThe terms "p
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5 percent. Some improvement over th
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Appendix FSTATISTICAL TABLES RELATI
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Prices:PageF-36. Wholesale price in
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NATIONAL INCOME OR EXPENDITURETABLE
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TABLE F-2.—Gross national product
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TABLE F—4.—Gross national produ
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TABLE F—6.—The Nation's income,
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TABLE F-8.—Gross private domestic
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TABLE F-10.—Relation of gross nat
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TABLE F-12.—Sources of personal i
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TABLE F-14.—Total and per capita
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TABLE F—16.—Sources and uses of
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TABLE F-17.—Noninstitutional popu
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TABLE F—19.—Employed persons no
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TABLE F-21.—Unemployment insuranc
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TABLE F-22.—Number of wage and sa
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1929.193019311932193319341935193619
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TABLE F-26.—Average weekly hours
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