Series Is Presented Here As Three Variables--(1)--Original Data, 1894-1938 (2)--Original Data, 1934-1939 (3)--Original Data, 1939-1961. Beginning In 1939, A More Complete Coverage Of Voluntary Discontinuances With Losses To Creditors And Of Small Failures Not Previously Covered By Dun And Bradstreet Is Presented (See Source, March, 1940). Beginning In 1940, There Occurred A Reclassification Of Subgroups In Accordance With The Standard Industrial Classification Of Government Statistics. Bakeries With Retail Outlets Were Transferred From Manufacturing To Trading. The Continuity Within This Variable Is Not Affected By The Revisions Of 1939 And 1940. Source: Dun And Bradstreet, Inc., Data For 1939-1957: Dun'S Statistical Review; Data For 1958-1962: Monthly Failures, Monthly Releases.
This NBER data series m09070c appears on the NBER website in Chapter 9 at http://www.nber.org/databases/macrohistory/contents/chapter09.html.
NBER Indicator: m09070c
Release: NBER Macrohistory Database
National Bureau of Economic Research, Liabilities of Business Failures, Manufacturing Companies With Liabilities Under One Hundred Thousand Dollars for United States [M0970CUSM144NNBR], retrieved from FRED, Federal Reserve Bank of St. Louis https://research.stlouisfed.org/fred2/series/M0970CUSM144NNBR/, June 30, 2015.