MIGRATION AND BUSINESS CYCLES 
CHART 46 
Business CONDITIONS AND IMMIGRATION FROM ITAaLny: 1870-1913. 
Cycles in Immigration from Italy to the United States Compared 
with Cycles in Foreign Trade in Italy (Fig. A) and with 
Business Conditions in the United States (Fig. B) 
Unit= one standard deviation 
Co rich, TT _ 
BN TT 
s20L 0 ~=Traly Foreign Trad 
Cg .o—o=Immigration from Italy | 
1 \ i 
of 
, IN a 
WI A 
i N 
Eo Si Si 
Fic.BY 
Za o--e=United States Industrial Composit 
| o—o=|mmigration 
#Hop WE He 
8 J # | I ot | 
| PLM ow ede 
EE, YR 
i LS \{ ge / 
\ : ¢ Ni; 
0 mde ns 2 
¥ : 
=Z0—— : se ) 
| 870-1879 | 1880-/883 | /1890-/899 | 1900-1903 19/073 | 
For numerical data see Table 48 and footnote to Chart 40. 
198