GROSS NATIONAL PRODUCT, NATIONAL [Millions of dollars]

Transcription

1 GROSS NATONAL PRODUCT, NATONAL [Millions of llars] Line TABLE L GROSS NATONAL PRODUCT, (-, -) S Q S " * fi Gross national product Personal consumption expenditures Nondurable goods Services Gross private mestic investment _ New construction _ Residential nonfarm Producers' durable equipment.. Change in business inventories _ Nonfarm Net exports of goods and services.., mports, Government purchases of goods and services Federal National defense. _ Less: Government sales State and local TABLE. NATONAL NCOME (-, -) National income Compensation of employees Wages and salaries Private Military Government civilian Supplements to wages and salaries. Employer contributions for social insurance. labor income _._ Employer contributions to private pension and welfare funds. Proprietors' ncome Business and professional ncome of unincorporated enterprises. nventory valuation adjustment. Rental income of persons Corporate profits and inventory valuation adjustment. Profits before tax Profits tax liability Profits after tax Dividends Undistributed profits... nventory ment. valuation adjust- Net interest TABLE. RELATON OF GNP NATONAL NCOME AND PER- SONAL NCOME (-, -) Gross national product Less: Capital consumption allowances. Equals: Net national product Less: ndirect business tax and nontax liability. Business transfer payments Statistical discrepancy Plus: Subsidies minus current surplus of government enterprises. Equals : National income Less: Corporate profits and inventory valuation adjustment. Contributions for social insurance. Excess of wage accruals over disbursements. Plus: Government transfer payments to persons. Net interest paid by government. Dividends Business transfer payments- Equals: Personnal income _,,,,,, -,,,,,,,,,,,,,,,,, -,,,,,,., -,,,,, -,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, -,,,,,,, -,,,,, - -,,,,,,,,,,,,,,,, -,,,,,,,,,,,,,,,,.,,,.,,,,,,,,,,,, -,,, -,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, -,,,,,,,,, -,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,..,,, -,,,,,,,,,,,,,,,,,,,,,, Q,,,,,,,,,,,,,,,,,,,,,,,,,, S,,,,,, -,,, -,,,,,,,,,,,,,, -,,,,,,,,,,,,,,,,, -,,,,,,,, -,,,,,,, -,,, -,,,,,,,,,,,,, -,,,,,,,,,,,,,,,,,,, -,,,,,,,, -,,,,,, -,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, -,,,,,,, -,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,., -,,,,,,,, -,,,,,,, -,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, -,,,,,,,, -,,,,,,,,,,,,,,,,,,,,, -,, T>,.,,,,,,,,,,,,,,, -,,,,,,., -,,,,,, -,,,,,,,,,,,,,,,, -,,,,,,,,,,,,,,,, -,,,,,,,, -,,,,,, -,,,,,,,,,,,,,,,,,,,,,,.,,,,,,.,,, -,,,,.,,, R,,,,,, -,,,,,,,,,,,,,,,,,,,,,.,,,,,,,,,,.,,,..,, -,,,,,, -,,,,,,,,,,,,,,,, ', ',,,,,,,,,,,,,,,.,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, -,,,,,, -,,,,,,,,,,,,,,

2 NCOME, AND PERSONAL NCOME, - [Billions of llars, seasonally adjusted at annual rates]..... o V V V V V Line L , ] i ( * ( f K * L f r i i ( ( ' t \ - -

3 Line TABLE. PERSONAL N- COME AND TS DSPOS- TON (-l, -) GROSS NATONAL PRODUCT, NATONAL NCOME, [Millions of llars] Personal income Wage and salary disbursements., Commodity-producing, industries. Manufacturing only, Distributive industries, Service industries, Government, labor income Proprietors' income Business and professional _ Rental income of persons Dividends Personal interest income... Transfer payments _. Old-age and survivors insurance benefits. State unemployment insurance benefits. Veterans' benefits _._ Less: Personal contributions for social insurance. Less: Personal tax and nontax payments. Federal State and local Less: Personal consumption expenditures. Equals: Personal saving Addendum: Disposable personal income in constant () llars.,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,.,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, Equals: Disposable personal income.,,,,,,,,,,,,,,,,, TABLE. GROSS NATONAL PRODUCT N CONSTANT DOLLARS (-, -),,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, [Billions of llars],,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, ^ s <) S Gross national product. Personal consumption expenditures. Nondurable goods Services. Gross private mestic investment-. New construction _ Residential nonfarm Producers' durable equipment. _ Change in business inventories- Nonfarm Net exports of goods and services mports.. Government purchases of goods and services. Federal. _ State and local - TABLE. MPLCT PRCE DEFLATORS FOR GNP (V-, V-) l [ndex numbers, =] j.... Gross national product Personal consumption expenditures. X endurable goods Services _ Gross private mestic investment New construction Residential nonfarm Producers' durable equipment-- Change in business inventories Net exports of goods and services mports _ Government purchases of goods and services. Federal State and local _ S.... :....

4 AND PERSONAL NCOME, - Continued Line [Billions of llars, seasonally adjusted at annual rates] [Billions of llars] [ndex numbers, = ] ,

5 urrent BUSNESS STATSTCS A HE STATSTCS here update series published in the edition of BUSNESS STATSTCS, biennial Statistical Supplement to the SURVEY OP CURRENT BUSNESS. That volume (price $) contains data by months, or quarters, for the years through (-, for major quarterly series) and averages of monthly or quarterly data for all years back to ; it also provides a description of each series and references to sources of earlier figures. Series added or significantly revised after the BUSNESS STATSTCS went to press are indicated by an asterisk (*) and a dagger (f), respectively; certain revisions for issued too late for inclusion in the aforementioned volume appear in the monthly SURVEY beginning with the August issue. Also, unless otherwise noted, revised monthly data (for periods not shown herein) corresponding to revised monthly averages are available upon request. Except as otherwise stated, the terms "unadjusted" and "adjusted" refer to adjustment for seasonal variation. Statistics originating in Government agencies are not copyrighted and may be reprinted freely, through the courtesy of the compilers, and are subject to their copyrights. Data from private sources are provided Unless otherwise stated, statistics through and descriptive notes are shown in the edition of BUSNESS STATSTCS Annual total V Seasonally adjusted quarterly totals at annual rates GENERAL BUSNESS NDCATORS Quarterly Series V i n NATONAL NCOME AND PRODUCT National income totalf bil. $ Compensation of employees, total Wages and salaries, total Private -. Military Government civilian.._ Supplements to wages and salaries Proprietors' income, total cf - Business and professionalcf Rental income of persons Corporate profits and inventory valuation adjustment total - foil. $ Corporate profits before tax, total Corporate profits tax liability Corporate profits after tax Divldends Undistributed profits nventory valuation adjustment Net interest Gross national product, totalf - Personal consumption expenditures, total.., total Automobiles and parts Furniture and household equipment. -. Nondurable goods, total.. Clothing and shoes _ Food and alcoholic beverages Gasoline and oil Services total Household operation Hou sing Transportation Gross private mestic investment, total New construction. Residential nonfarm - Producers' durable equipment Change in business inventories Nonfarm Net exports of goods and services mports - Govt. purchases of goods and services, total. Federal (less Government sales) National defense _ State and local By major type of product:f Final sales, total _ Goods, total d o Nondurable goods Services _ Construction '... nventory change, total. '. '. r. r. Nondurable -xuiiu.u.xauic goods gvvnaa... uu &, u ' A,. \) ' &, A &,\) * 'Revised. p Preliminary. f Revised series. Estimates of national in come and product and personal income have been revised back to (see p. ff. of this issue of the SURVEY); revisions prior to May for personal income appear on p. of this issue of ' '.. '. r r ' r..... ^..... '. '. r r ' ' r. r '. '. r '. r '. '. ' r.. '.. the SURVEY. separately '. r Q r..... r. T.' ' T r! '. '. r r. ' ^ r * '. ' '.Q cf ncludes inventory valuation adjustment. Government sales are not deducted r..... '.!? r A r... g..... '. '..... r "> '. f p p pll. P. P. p p P P p P p. p P. j> igg P P p P p p P P p p P p P ' r l l'. ncludes data not shown s-

6 S- SUEVEY OF CUKRENT BUSNESS July Unless otherwise stated, statistics through and descriptive notes are shown in the edition of BUSNESS STATSTCS Annual total V NATONAL NCOME AND PRODUCT Con. Quarterly Data Seasonally Adjusted at Annual Rates GNP in constant () llars Gross national product totalt - foil. $-- Personal consumption expenditures, total Services GENERAL BUSNESS NDCATORS Quarterly Series Continued Gross private mestic nvestment, total New construction _ Producers' durable equipment Change in business inventories Net exports of goods and services Govt. purchases of goods and services, total- Federal State and local DSPOSTON OF PERSONAL NCOMEf Quarterly Data Seasonally Adjusted at Annual Rates Personal income, total foil. $_ Less' Personal tax and nontax payments. Equals' Disposable personal income Personal saving NEW PLANT AND EQUPMENT EXPENDTURES Unadjusted quarterly or annual totals: All ndustries foil. $ Manufacturing - industries _ Nondurable goods industries Mining Railroads Transportation, other than rail. Public utilities Communications - Commercial and other. Seas. adj. qtrly. totals at annual rates: All industries Manufacturing Railroads Public utilities Communications Commercial and other BUSNESS POPULATON Firms in operation, end of quarter (seasonally adjusted) thous U.S. BALANCE OF NTERNATONAL PAYMENTScf t Quarterly Data are Seasonally Adjusted U.S. payments, recorded mil $ mports : Merchandise _ Military expenditures services.. _ Remittances and pensions Govt grants and capital outflows U.S. private capital (net) - _ Direct investments Long-term portfolio Short-term U.S. receipts, recorded : Merchandise Services and military sales Repayments on U.S. Govt. loans Foreign capital other than liquid funds (net). Excess of recorded receipts or payments ( )... Total, net receipts or payments ( ) -, -, -, - -, Net receipts or payments ( ), incl. transactions in nonmarketable, medium-term convertible Govt. securities mil. $_. -, r Revised. vpreliminary. Estimates for Apr.-June based on anticipated capital expenditures of business. Estimates for July-Sept. based on anticipated capital expenditures of business. Anticipated expenditures for the year are as follows (in bil. $): All industries,.; manufacturing, total, ; durable goods industries, ; nondurable goods industries, ; mining, ; railroads, ; transportation, ; public utilities, ; commercial and other (incl. communications),.. ncludes communications. '. r. '. '. '. '. '. '. '. '. '. '. '. '. v '.. '. '..,,,,,,,,,,,,,, -,.... r. '. '. '.. M,,,,,,,,,,,,,, -,..... r. ' '. '.....,,,,,,,,,,,, -,... '. ' '. '......,,,,,,,, '. ' '. ' ,,,,,,,,, '. r. '. ' ,,,,,,,,, '. ' '. '....,,,,, -,,, ' '. '... *i....,,,,,,,, '. ' '. '......,,,,,,,, - A(\() ' '. '. '......,,,,,, -,,, - -,.... r. '. T. '......,,,,,,,,, -, -, - -, - - Unadjusted. Data represent firms in operation as of Jan. ; estimate for Jan.,, is based on incomplete data. fsee corresponding note on p. S-l (revisions prior to d qtr' appear on p. ff. of this issue of the SURVEY). Personal saving is excess of disposable income over personal consumption expenditures shown as a component of gross national product on p. S-l. cfmore complete details are given in the quarterly reviews in the Mar., June, Sept. and Dec. issues of the SURVEY. {Revisions for d qtr. appear on p. of the June SURVEY.... '. '. '......,,,,, -,,, '. ' ' '...,,,,,,,,, '. r. ' r,,,,,,,, f)o - P P fi P r l ll i. ig. CO Q no