"c VAR 0138 02253 TTL BLD 868-935 MD= 1E-37 " "c REF 0138 LOC 1222 WIDTH 9 DK 20 COL 35-43 " "c " "c " "c INDEX OF VALUE OF TOTAL NEW BUILDING, LONG, ADJUSTED BY " "c COLEAN AND NEWCOMB " "c ------------------------------------------------------- " "c " "c NBER SERIES: 02253 " "c AREA COVERED: U.S., 1 TO 27 CITIES (SEE BELOW) " "c UNITS: 1920-29 = 100 " "c ANNUAL COVERAGE: 1868-1935 " "c QUARTERLY COVERAGE: NONE " "c MONTHLY COVERAGE: NONE " "c SEASONAL ADJUSTMENT: NONE " "c SOURCE: MILES L. COLEAN AND ROBINSON NEWCOMB,"STABILIZING " "c CONSTRUCTION: THE RECORD AND POTENTIAL," NEW YORK, 1952, " "c APPENDIX N, TABLE 2. " "c " "c NOTES: THIS SERIES REPRESENTS AN ADJUSTMENT OF LONG'S INDEX " "c OF PERMIT VALUES FOR NEW BUILDING IN ONE TO TWENTY-SEVEN " "c CITIES (SEE SERIES 02246.) TWO MODIFICATONS WERE MADE. " "c FIRST THE RESIDENTIAL BUILDING COMPONENT WAS GIVEN A WEIGHT " "c OF ONE-THIRD, RATHER THAN THE IMPLICIT WEIGHT OF ONE-HALF IN " "c LONG'S SERIES. SECOND, THE BASE WAS CHANGED FROM 1920-1930 " "c TO 1920-1929. " "c THE RESULT OF THIS ADJUSTMENT WAS ONE STEP IN THE " "c DEVELOPMENT BY COLEAN AND NEWCOMB OF AN"INDEX OF DOLLAR " "c VOLUME OF NEW CONSTRUCTION, 1831-1951," PRESENTED IN THE " "c SOURCE, APPENDIX N. TABLE 3. " "c TO CALCULATE A CONSTANT PRICE SERIES, ABRAMOVITZ " "c DIVIDED THIS INDEX BY RIGGLEMAN'S INDEX OF BUILDING COSTS. " "c THE RESULTING SERIES FOR 1853-1933, ON A 1913 BASE, IS SHOWN " "c IN MOSES ABRAMOVITZ, EVIDENCES OF LONG SWINGS IN AGGREGATE " "c CONSTRUCTION SINCE THE CIVIL WAR, NEW YORK, NBER, 1946. " "c SEE ALSO LIPSEY & PRESTON, PP. 240-242. " "c " "c ORIGINALS MISSING; NOT PROOFREAD. " "c ............................................................... "