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Survey of Consumer Finances, 1961

Version
v2
Resource Type
Dataset : survey data
Creator
  • University of Michigan. Survey Research Center. Economic Behavior Program
Other Title
  • Version 2 (Subtitle)
Collective Title
  • Survey of Consumer Finances Series
Publication Date
1984-07-02
Funding Reference
  • National Science Foundation
  • Ford Motor Company
  • General Motors Corporation
  • Ford Foundation
Language
English
Free Keywords
automobile ownership; business conditions; consumer attitudes; consumer behavior; consumer expectations; consumer expenditures; debt; disposable income; durable goods; economic conditions; families; financial assets; financial balances; home ownership; household budgets; household composition; household expenditures; household income; housing; income distribution; job history; mortgages; national economy; occupations; personal debt; personal finances; prices; savings
Description
  • Abstract

    This data collection is one in a series of financial surveys of consumers conducted annually since 1946. In a nationally representative sample, the head of each spending unit (usually the husband, the main earner, or the owner of the home) was interviewed. The basic unit of reference in the study was the spending unit, but some family data are also available. The questions in the 1961 survey covered the respondent's attitudes toward national economic conditions and price activity, as well as the respondent's own financial situation. Other questions examined the spending unit head's occupation, and the nature and amount of the spending unit's income, debts, liquid assets, changes in liquid assets, savings, investment preferences, and actual and expected purchases of cars and other major durables. In addition, the survey explored in detail the subject of housing, e.g., previous and present home ownership, value of respondent's dwelling, and mortgage information. The survey also gathered detailed information on jobs and job histories. Personal data include number of people in the spending unit, age, sex, and education of the head, and the race and sex of the respondent.
  • Methods

    ICPSR data undergo a confidentiality review and are altered when necessary to limit the risk of disclosure. ICPSR also routinely creates ready-to-go data files along with setups in the major statistical software formats as well as standard codebooks to accompany the data. In addition to these procedures, ICPSR performed the following processing steps for this data collection: Performed consistency checks.; Standardized missing values..
  • Table of Contents

    Datasets:

    • DS1: Dataset
Temporal Coverage
  • Time period: 1961
  • Collection date: 1961
Geographic Coverage
  • United States
Sampled Universe
The population of the United States.
Sampling
The sample was made up of a national cross-section of spending units.
Collection Mode
  • The codebook and data collection instrument are provided by ICPSR as Portable Document Format (PDF) files. The PDF file format was developed by Adobe Systems Incorporated and can be accessed using PDF reader software, such as the Adobe Acrobat Reader. Information on how to obtain a copy of the Acrobat Reader is provided on the ICPSR Web site.

Availability
Download
This study is freely available to ICPSR member institutions via web download.
Alternative Identifiers
  • 7441 (Type: ICPSR Study Number)
Relations
  • Is new version of
    DOI: 10.3886/ICPSR07441.v1
Publications
  • Shapiro, Robert Y., Conforto, Bruce M.. Presidential performance, the economy, and the public's evaluations of the economic conditions. Journal of Politics.42, (1), 49-67.1980.

Update Metadata: 2015-08-05 | Issue Number: 6 | Registration Date: 2015-06-15

University of Michigan. Survey Research Center. Economic Behavior Program (1984): Survey of Consumer Finances, 1961. Version 2. Survey of Consumer Finances Series. Version: v2. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/ICPSR07441.v2