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Council of Economic Advisers

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The Presidential historical materials of the Council of Economic Advisers are in the custody of the National Archives and Records Administration under the provisions of Title I of the Presidential Recordings and Materials Preservation Act of 1974 (44 U.S.C. 2111 note) and implementing regulations. In accordance with the act and regulations, archivists reviewed the file group to identify personal and private materials (including materials outside the date span covered by the act) as well as nonhistorical items. These materials have been returned to the individual who has primary proprietary interest.

Materials covered by the Act have been archivally processed and are described in this register. Items which are security classified or otherwise restricted under the act and regulations have been removed and placed in a closed file. A Document Withdrawal Record (GSA Form 7279 or NA Form 14021) with a description of each restricted document has been inserted at the beginning of each folder from which materials have been removed. A Document Control Record marks the original position of the withdrawn item. Employees of the National Archives will review periodically the unclassified portions of closed materials for the purpose of opening those which no longer require restriction. Certain classified documents may be declassified under authority of Executive Order 13526 in response to a Mandatory Review Request (NA Form 14020) submitted by the researcher.

  • Linear feet of materials:  7
  • Approximate number of pages:  12,000

Scope and Content Note

The Council of Economic Advisers (CEA) was established in the Executive Office of the President by the Employment Act of 1946. The Council now functions under that legislation and Reorganization Plan 9 of 1953. The Council's primary responsibility is to provide the President with analyses and recommendations on economic matters to promote full employment, growth and stability. The Council advises the President on economic developments, appraises the economic policies of the Federal Government, issues regular reports and forecasts on current economic conditions, and future economic projections. Much of the Council's activity centers around the preparation of the annual economic report of the President.

The Council's role has broadened far beyond the primary goal of macroeconomic policy set forth in the Employment Act. As the Council has become increasingly involved in a broader range of subjects, its direct advisory role to the President has been expanded to include advisory work with many departments, agencies and offices in the Executive Branch. Members of the Council's staff maintain close working relationships with other agencies and assist in evaluating programs and developing new ones.

The Council consists of three members appointed by the President with the advice and consent of the Senate. One of the members is designated by the President as chairman. The Council's chairmen during the Nixon Administration were Paul W. McCracken and Herbert Stein. Hendrik S. Houthakker, Ezra Solomon and Marina von Neumann Whitman served as members. Sidney L. Jones and Gary L. Seevers were Special Assistants to the Chairmen. The members and staff are recruited from the business, research and teaching world.

This finding aid covers only the Council's staff files and does not include the files of the chairmen and members. The staff files are arranged in two series, CEA Staff Chronological Files, and CEA Staff Subject Files. The former comprise about 86 percent of the file group's volume. The CEA Staff Chronological Files are arranged alphabetically by name of staff person, or into thirty-one separate subseries, and then chronologically within each subseries. The Staff Subject Files are arranged alphabetically by folder title.

Series Description

Boxes:   1-13
Series:   CEA Staff Chronological Files | Folder Title List
Spans:   1968-1974
Description:   Memoranda, correspondence, drafts of correspondence, papers, reports, copies of press releases, and printed material. Topics covered include wages and salaries, GNP, inflation, administration economic policies, economic stabilization, food prices, balance of payments, trade legislation, U.S. monetary policies, oil prices, economic report, fiscal and monetary options, personal income, corporate profits, wage and price controls, economic indicators, energy policy, farm policy, interest rates, and collective bargaining. Arranged chronologically.

Boxes:   14-15
Series:   CEA Staff Subject Files | Folder Title List
Spans:   1959 (1969)-1974
Description:   Correspondence, cables, memoranda, briefing papers, reports, and printed material. Arranged alphabetically by subject.

Folder Title List

Available as a searchable Adobe Acrobat PDFpdf file.



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