Survey of Consumer Finances, 1947 (ICPSR 3615)
Published: Feb 16, 1992 View help for published
Principal Investigator(s): View help for Principal Investigator(s)
Economic Behavior Program. Survey Research Center. University of Michigan
Summary View help for Summary
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 1947 survey covered the respondent's attitudes toward national economic conditions and price activity, as well as the respondents' 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, and actual and expected purchases of cars and other major durables. In addition, the survey explored the subject of housing and home ownership. The 1947 survey included a separate questionnaire for farmers containing differing questions on sources of income. 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.
Citation View help for Citation
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Subject Terms View help for Subject Terms
Geographic Coverage View help for Geographic Coverage
Time Period(s) View help for Time Period(s)
Date of Collection View help for Date of Collection
Data Collection Notes View help for Data Collection Notes
(1) Most of the data in the study pertain to a spending unit. For some variables, information from related spending units was combined to provide data on a family basis. The user should refer to the instructions and worksheets included with the codebook to ascertain the procedures followed in these computations. (2) The majority of the variables in the study represent information obtained through direct questioning of the respondent. Some variables, however, are the result of computations done for each interview, e.g., amount saved, total indebtedness, estimated income taxes, and the relation of these amounts to income. (3) In some instances, where important information was missing, assigned values were given. The assigned values were based on other known characteristics of the spending unit and occur only in a small proportion of the cases. Those variables containing assigned information are preceded by a lead variable, indicating for each case whether the value in the following variable is assigned or not. (4) The codebook is provided by ICPSR as a Portable Document Format (PDF) file. 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.
Sample View help for Sample
The respondents interviewed were drawn from a national sample of dwelling units. The dwelling units falling in the sample were chosen by area probability sampling to represent the United States population.
Universe View help for Universe
The population of the United States.
Data Source View help for Data Source
Data Type(s) View help for Data Type(s)
Original Release Date View help for Original Release Date
Version Date View help for Version Date
Version History View help for Version History
- Economic Behavior Program, Survey Research Center, University of Michigan. SURVEY OF CONSUMER FINANCES, 1947. ICPSR version. Ann Arbor, MI: Institute for Social Research, Social Science Archive [producer], 1973. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 1999. http://doi.org/10.3886/ICPSR03615.v1
1984-05-11 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:
- Standardized missing values.
- Performed recodes and/or calculated derived variables.
Data in this collection are available only to users at ICPSR member institutions.
- The citation of this study may have changed due to the new version control system that has been implemented.
This study is provided by ICPSR. ICPSR provides leadership and training in data access, curation, and methods of analysis for a diverse and expanding social science research community.