"c           VAR 0069      02116 PVT CNST A 919-963               MD= 1E-37   "
"c           REF 0069         LOC  601 WIDTH  9             DK  10 COL 44-52  "
"c                                                 EXP DEC=  1                "
"c                                                                            "
"c              TOTAL PRIVATE CONSTRUCTION, VALUE, SEASONALLY ADJUSTED, F.    "
"c              W. DODGE CORP. (DODGE DEFINITION, RAISED)                     "
"c              ----------------------------------------------------------    "
"c                                                                            "
"c              NBER SERIES:  02116                                           "
"c              AREA COVERED: U.S., 48 STATE LEVEL (SEE NOTE)                 "
"c              UNITS:  MILLION CURRENT DOLLARS                               "
"c              ANNUAL COVERAGE:  NONE                                        "
"c              QUARTERLY COVERAGE:  NONE                                     "
"c              MONTHLY COVERAGE:  01/1919-12/1963                            "
"c              SEASONAL ADJUSTMENT:  SEASONALLY ADJUSTED BY NBER             "
"c              SOURCE:  FILES AND PUBLICATIONS OF F. W. DODGE CORP.          "
"c                                                                            "
"c              NOTES: THIS SERIES HAS BEEN DECOMPOSED INTO 6 VARIABLES: (1)  "
"c              ORIGINAL DATA, 27 STATES, NBER DEFINITION, 1919-25; (2)       "
"c              ORIGINAL DATA, 36 STATES, NBER DEFINITION, 1923-28; (3)       "
"c              ORIGINAL DATA, 37 STATES, NBER DEFINITION, 1925-56; (4)       "
"c              ORIGINAL DATA, 37 STATES, DODGE DEFINITION, 1932-1956; (5)    "
"c              ORIGINAL DATA, DODGE DEFINITION, 48 STATES, 1956-63; (6)      "
"c              SEASONALLY ADJUSTED DATA, DODGE DEFINITION WITH               "
"c              EXTRAPOLATION TO 1919, RAISED TO 48 STATE LEVEL, 1919-63.     "
"c                      THIS SERIES WAS COMPILED ACCORDING TO TWO DIFFERENT   "
"c              CONCEPTS, HERE DESIGNATED AS"NBER DEFINITION" AND "DODGE      "
"c              DEFINITION."                                                  "
"c                  THE NBER DEFINITION OF PRIVATE OWNERSHIP WAS BASED ON     "
"c              PROJECT TYPE.  THE DODGE DEFINITION, ON THE OTHER HAND, WAS   "
"c              BASED ON OWNERSHIP. BEGINNING IN 1932, INFORMATION ON         "
"c              OWNERSHIP BECAME AVAILABLE, AND SERIES ON PRIVATELY OWNED     "
"c              AND PUBLICLY OWNED CONSTRUCTION WERE COMPILED.                "
"c                  FOR INFORMATION ON COLLECTION PROCEDURES, COVERAGE, AND   "
"c              DEFINITIONS, SEE INTRODUCTORY NOTES ON DODGE CORP. DATA, AND  "
"c              LIPSEY & PRESTON, P. 232.                                     "
"c                 "NBER DEFINITION"  VARIABLES ARE THE SUM OF THESE NBER     "
"c              SERIES:  RESIDENTIAL BUILDINGS (02011); COMMERCIAL AND        "
"c              INDUSTRIAL BUILDING (02017); AND PUBLIC UTILITIES (02114).    "
"c                 "DODGE DEFINITION" VARIABLES APPLY TO BUILDING AND         "
"c              NONBUILDING PROJECTS UNDER PRIVATE OWNERSHIP.                 "
"c                  FOR PURPOSES OF CYCLICAL ANALYSIS, THE DATA WERE          "
"c              COMBINED, USING THE DODGE DEFINITION FOR 1932-63 AND          "
"c              EXTRAPOLATING BACK TO 1919 BY THE NBER DEFINITION, LINKING    "
"c              BY THE RATIO OF THE TWO ANNUAL TOTALS.                        "
"c                   THE SEASONALLY ADJUSTED DATA PRESENTED HERE ARE SHOWN    "
"c              AS A CONTINUOUS VARIABLE. RAISING RATIOS WERE APPLIED, CALCU- "
"c              LATED FROM ANNUAL TOTALS FOR THE EARLIEST YEAR OF SEGMENT     "
"c              OVERLAPS, BEFORE ADJUSTMENT.  SEE INTRODUCTORY NOTES.         "
"c                                                                            "
"c              ORIGINALS MISSING; NOT PROOFREAD.                             "
"c           ...............................................................  "