"c           VAR 0135      02254 BLD PMTS   830-933               MD= 1E-37   "
"c           REF 0135         LOC 1195 WIDTH  9             DK  19 COL 71-79  "
"c                                                 EXP DEC=  2                "
"c                                                                            "
"c              INDEX OF VALUE OF BUILDING PERMITS, RIGGLEMAN ADJUSTED BY     "
"c              ISARD                                                         "
"c              ---------------------------------------------------------     "
"c                                                                            "
"c              NBER SERIES:  02254                                           "
"c              AREA COVERED:  U.S., 3 TO 65 CITIES                           "
"c              UNITS:  1920-29 = 100 (SEE BELOW)                             "
"c              ANNUAL COVERAGE:  1830-1933                                   "
"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.  JOHN R. RIGGLEMAN," "VARIATIONS IN      "
"c              BUILDING ACTIVITY IN UNITED STATES CITIES," UNPUBLISHED       "
"c              PH.D. DISSERTATION, THE JOHNS HOPKINS UNIVERSITY, 1934.       "
"c                                                                            "
"c              NOTES:  THE BASIC DATA FOR THIS SERIES AND FOR SERIES 02009   "
"c              AND 02010 ARE RIGGLEMAN'S COMPILATIONS AND ESTIMATES OF THE   "
"c              VALUE OF BUILDING PERMITS FOR AN INCREASING NUMBER OF U. S.   "
"c              CITIES.  IN THE EARLY YEARS THEY ARE LARGELY ESTIMATES,       "
"c              BASED MAINLY ON OTHER INFORMATION, SUCH AS REAL ESTATE        "
"c              VALUATIONS.  VALUE FIGURES ARE FOR RESIDENTIAL AND            "
"c              NONRESIDENTIAL BUILDING COMBINED,  INCLUDING ADDITIONS AND    "
"c              ALTERATIONS. MANHATTAN, BOSTON AND WASHINGTON, D.C., FROM     "
"c              1830 THROUGH 1848.  THE COVERAGE THEN INCREASES GRADUALLY TO  "
"c              A TOTAL OF TEN CITIES BY 1868, AND TO SIXTY-FIVE CITIES FOR   "
"c              1900 AND SUBSEQUENT YEARS.  (FOR SPECIFIC CITIES COVERED      "
"c              EACH YEAR, SEE COLEAN AND NEWCOMB, COMB, STABILIZING          "
"c              CONSTRUCTION, APPENDIX N, TABLE 4, FN. C, P. 240.)  THE       "
"c              SERIES ARE DOMINATED  BY MANHATTAN BEFORE 1870, AND TO SOME   "
"c              EXTENT FOR A FEW YEARS AFTER THAT.                            "
"c                  SERIES 02009 REPRESENTS THE AGGREGATE VALUE OF BUILDING   "
"c              PERMITS IN THE CITIES COVERED, DIVIDED BY A COMBINED          "
"c              POPULATION ESTIMATE FOR THESE CITIES.  THE POPULATION         "
"c              ESTIMATES ARE BASED ON CENSUS FIGURES, WITH STRAIGHT-LINE     "
"c              INTERPOLATION BETWEEN CENSUS YEARS.                           "
"c                  RIGGLEMAN'S BASIC DATA WERE ADJUSTED BY WALTER ISARD IN   "
"c             "THE ECONOMIC DYNAMICS OF TRANSPORT TECHNOLOGY" (AN            "
"c              UNPUBLISHED PH.D. DISSERTATION, YALE UNIVERSITY, 1947).  THE  "
"c              RESULT WAS AN INDEX SIMILAR IN CONSTRUCTION TO LONG'S         "
"c              INDEXES (SEE SERIES 02004 AND 02246).  THE POPULATION         "
"c              ADJUSTMENT OF RIGGLEMAN'S SERIES                              "
"c              IS ELIMINATED.  THE PERMIT VALUES IN AN INDIVIDUAL  CITY ARE  "
"c              CONVERTED TO RELATIVES OF THE AVERAGE ANNUAL VALUE OF         "
"c              PERMITS IN THE SAME CITY DURING THE PERIOD 1920-29.  THE      "
"c              COMBINED INDEX FOR EACH YEAR IS THEN CALCULATED AS THE        "
"c              WEIGHTED AVERAGE OF THE RELATIVES FOR THE CITIES COVERED IN   "
"c              THAT YEAR, WITH WEIGHTS PROPORTIONAL  TO PERMIT VALUES IN     "
"c              THESE CITIES IN THE BASE PERIOD.                              "
"c                                                                            "
"c              ORIGINALS MISSING; NOT PROOFREAD.                             "
"c                                                                            "