>
~
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, Washington,
 D.C., March, 1948, pp. 28 and 34. Projections were for average of 1955-65 and for high employment conditions.

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