WSP12165 - Laserfiche WebLink

Home Browse Search

002541 Taple 2 shows that value added by manufacture in the United States increased from $30.6 billion in 1929 to $141.3 billion in 1958. The comparable figures for the five-State area, which includes the study area, were $1.5 billion for 1929 and $13.1 billion for 1958. On the basis of percentage increase in value added by manufacture, the five-State area outgrew the Nation by over two to one between 1929 and 1958. In this category the United States realized a 360 percent increase, and the five Southwestern States gained 800 percent. Table 3 shows nonagricultural employment in the five-State area in 1960. The 1,445,000 employed in manufacturing amounts to about 25 percent of total nonagricultural employment. This was somewhat below the national level of 31 percent. Estimated assessed valuation of taxable property in the Pacific Southwest for 1940, 1950, and 1960 is tabulated below, (Unit: Millions of Dollars) Area 1940 1950 1960 Arizona 393.3 756.2 1,599.8 Southern Ca 1 if orn ia 3,270.7 7,120.9 16,635.4 Southern Nevada 36.0 58.2 306.1 Total 3,700.0 7,935.3 18,541.3 Note: Values for southwestern New Mexico and southwestern Utah were not readily available. The 400 percent increase from $3.7 billion in 1940 to $18.5 billion in 1960 is indicative of the area's phenomenal growth. The area is still rich in the natural reSOurces which supported its extractive economy before extensive industrialization took place. In 1961 the value of mineral production in the area was approximately $1.1 billion. Over one-half of the Nation's copper production cOmes from the area, and approximately $400 million of the $1.1 billion total was in the form of copper. Petroleum production, in which California is the third-ranking State, also accounted for a.large portion of the area's total. Other minerals of economic importance are sand and gravel, gypsum, iron ore, cement, lime, perlite, helium, and uranium. Table 4 shows a.. State breakdown of mineral production in the area. ,. 1-7