NEW REPORT OF SOVIET ECONOMY DIP

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP66B00403R000100270022-6
• Release Decision: RIFPUB
• Original Classification: K
• Document Page Count: 1
• Document Creation Date: December 16, 2016
• Document Release Date: January 12, 2005
• Sequence Number: 22
• Publication Date: March 4, 1964
• Content Type: NSPR

Approved For Release 2005/01/27 : CIA-RDP66B00403R000100270022-6
SAN FRANCISCO CHRONICLE MAR 4 1964
New Report
Of Soviet
Economy Dip
Washington.
A new study of thel
Soviet. economy, just pub.
lis;zed" by the. Joint Com- 1
naittec of Congress, con-
firms, the estimate of the
; Central Intelligence
Agency that Soviet eco-
nomic growth has slowed,
drastically from its rate'
of the last decade.
The report puts the growth
of the Soviet economy in 1962
at 2.2 per cent, compared to
an average of 6.8 per cent a,
year from 1950 to 1058.
It contains no figure for
1963, which the CIA estimated
at 2.4 per cent, but it says,
"if provisional information
for 1963 is introduced, an even
slower growth than for 1962,
appears."
The study is an exhaustive
compliation of statistics on
the Soviet economy, ranging.
from population to foreign
trade: Entitled "Annual Eco-
nornic Indicators for the
USSR," it runs to 218 pages..,
The section on Soviet eco-
nomic growth, as measured
by the gross national product,
was done by Stanley H. Cohn
of the Research Aanalysis
Corporation of McLean, Va.
The Soviet Union does not
compile or publish gross na-
tional product statistics. They
must be derived by Western
analysts.
For industrial production;
alone; the,, report says that
the annual increases in the
1958-62 period, have been
"somewhat more than .7 per'
cent per year compared with
over. 10 per cent for the pre-
[ceding eight years."
Approved For Release 2005/01/27 : CIA-RDP66B00403R000100170022-6