> 
~ 
y 
TABLE 4 
Population, income, output, employment and per capita food consumption projects for 1960 
Item _ 
Population . . 
Labor Force . . 
Employment 
Unemployment 
GNP in 1947 prices 
GNP in 1953 prices 
GNP in 1960 prices 
GNP per capita, 1960 prices . . . 
Personal Disposable Income (1960 prices) . 
Per capita (1960 prices) . . . . 
Per capita food consumption . 2. 
Unit 
or Base 
Projections for 1960 
1048 Studv(m 1956 Study(®) 
Actual 
1960 
Million 
Million 
Million 
Million 
Billion § 
Billion $ 
Billion § 
$ 
Billion 
178.6 
72.0 
68.5 
3.5 
179.9 
72.8 
68.9 
3.0 
- 
430 
SOI 
- 805 
1) 
ye 
Lo" 
503 
2,795 
354 
1,969 
113.6 
1035-30 = 100 
T273 . 
NY Long-Range Agricultural Policy: A Study of Selected Trends and Factors Relation to the Long-Range Prospects 
for Agriculture, Committee on Agriculture, U. S. House of Representatives, 8oth Congress, 2nd Session, Wash- 
ington, D.C., March, 1948, pp. 28 and 34. Projections were for average of 1955-65 and for high employment con- 
ditions. 
Rex F. Dary, The Long-Run Demand for Farm Products, « Agricultural Economics Research ». Vol. VIII 
No. 3, July 1956, pp. 7. 
——et 
— 
oO 
A 
N 
x