Source: National Bureau of Economic Research  

Release: NBER Macrohistory Database  

Units:  Millions of Dollars, Not Seasonally Adjusted

Frequency:  Monthly

Notes:

Series Is Presented Here As Three Variables--(1)--Original Data, 1875-1938 (2)--Original Data, 1934-1939 (3)--Original Data, 1939-1968. The Quarterly Data In This Series Are Not Strictly Comparable--Data For 1875-1892 Include Bank Failures; Data For 1893-1900 Do Not. Monthly Data Beginning In 1894 Also Include Bank Failures. This Series Was Revised In 1933 To Exclude "Real Estate And Insurance Brokers, Holding And Finance Companies, Shipping Agents, Tourist Companies, Transportation Terminals, And Such," Formally Included In The Subgroup "Agents And Commercial Service" (See Source, Issues Of March And August, 1936). Source: Data For 1875-February 1933: R. G. Dun And Co., Dun'S Review; Data For March 1933-January 1937: Dun And Bradstreet, Inc., Dun And Bradstreet Monthly Review; Data For February 1937-August 1938: Dun'S Statistical Review. Data For 1933-1938 Are Also Available In Survey Of Current Business, 1936 And 1938 Supplements, And Issue Of October 1938.

This NBER data series m09033a appears on the NBER website in Chapter 9 at http://www.nber.org/databases/macrohistory/contents/chapter09.html.

NBER Indicator: m09033a