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" Dear Mr President: on January 1, 1965, you asked the Council of economic Adivers to undertake " a thorough study of steel prices, in the context of our national goals of expanding employment, faster economic growth, over-all price stability, and an improved balance of international payments". In accordance with your instructions, we have gathered and reviewed the statistical materials on the steel industry available within the federal Government and from private sources, and we have have obtained additional information from the larger steel companies. We are grateful for the cooperation shown us by the Department of Labor, the department of Commerce, the Bureau of the census, and the Securities and Exchange Commission in providingbasic data for this study, and to the eight major steel companies for the information they made available to us informally and in response to a questionnaire." Gardner Ackley, Chairman.
Represents the annual report of the President's Council of Economic Advisers. Appendix B contains historical tables (from 1959 or earlier) on aspects of income (national, personal, and corporate), production, prices, employment, investment, taxes and transfers, and money and finance.