Nonagricultural Income as a Measure of Domestic Demand

L. H. Bean, P. H. Bollinger and O. V. Wells

No 333320, USDA Miscellaneous from United States Department of Agriculture

Abstract: Excerpt from the report: The purpose of this bulletin is to make more generally available a monthly index of nonfarm income which has been found useful in the analyses of agricultural price fluctuations, particularly by price analysts in the commodity sections of the Agricultural Adjustment Administration. Agricultural price analysts have been handicapped in the past by the lack of a comprehensive measure of the money income of consumers. The index presented in this study is an approximation to the current money purchasing power of urban consumers. It is based essentially on such data concerning the receipts of all individuals excepting receipts arising from agriculture, as are included in the United States Department of Commerce annual estimates of national income.

Keywords: Consumer/Household Economics; Demand and Price Analysis; Financial Economics; Labor and Human Capital; Teaching/Communication/Extension/Profession (search for similar items in EconPapers)
Pages: 58
Date: 1937-06
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Persistent link: https://EconPapers.repec.org/RePEc:ags:usdami:333320

DOI: 10.22004/ag.econ.333320

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