Gross National Product

Gross National Product TABLE 1. GROSS NATIONAL PRODUCT (1-3,1-4) Billions of llars Billions of llars, unadjusted for seasonal variation Personal consumption expenditures Nondurable goods. Gross private mestic investment Xew construction Residential nonfarm Change in business inventories Nonfarm Farm Exports -- Imports Government purchases of goods and services Federal National defense - Less: Government sales --- 556 356 48 162. 146. 4 79 4 2 29. 5 5 4. 2 116 62 5 53 583 375. 52 167 155 82. 46. 6 2 21 31. 4 3 5 4 3 26 12 64 5 1 57 62 399 57. 177 165 87 48 26. 22 35 3 7. 3 128 55 1 1 63. 599. 381 5 168 158 87 48 26 22 3 6 6. 5 3 26 124 64 55 1 59 68 39. 55 172 61. 1 85 49 26 22 3 7 34 26 12 64 54. 11 6 6 396 57. 175 163 8 48 26 22 34 3 3 5 33 27 12 67 57. 11. 6 628 44 58 179 166 87 48 25 23 3 2 ' 2 7. 35 28 129 5 1 64 634 46 56 181 169. 9 48 25 2 36. 5 6-7 37 29 13. 65 55 11 64 556 356 48 162. 146 79 4 2 29. 5 5 4. 2 116 62 5 53 583 375. 52 167 155 82. 46 2 21 31. 4 3 4 3 26 12 64 5 1 57 62 399 57. 177 165. 1 87 48 26. 22 35 3 7. 3 128 55 1 1 63. 158 13 47 39 21 6 5 8-1 6 3 1 14. 3 15 146 9 4 21 1 5 7 3. 2 2. 6 3. 15 13 14 154 97 1 4 4 22 1 6 5 9 8 7 33 17 15 15 97 13 43 4 21 13 7 6-1. 8 7 31 15 13. 3. 168 11 16 5 41 22. 12 6 6 9 - - 3 16 13 3 16 TABLE 2. GROSS NATIONAL PRODUCT IN CONSTANT DOLLARS, AND IMPLICIT PRICE DEFLATORS (1-5, VII-3) GNP in billions of 1954 llars Implicit price deflators for seasonally adjusted GNP, 1954=1 Personal consumption expenditures Nondurable goods-. Gross private mestic investment New construction. Residential nonfarm Change in business inventories Nonfarm Farm Exports Imports Government purchases of goods and services Federal. 476 31 45 148 124 65 36 2 24. 4 27 25 89 49 4 49 3 49 15 129 67 37 2 16 4 29 26 92 49 4 516. 347 5 158 134 71. 38 21 17 28 3 3 4 33 28 92 44 52. 334 5 152 13 71 39. 21 1 26 5 5 3 3 27 9 48 43 58. 34 53 15 13 7 3 22 17 28 2 5 32 27 9 47 43 513 345. 54. 157 133 7 39 2 17 28 3 3. 3 31 2 94 49 44 51 351 5 16 135 7 2 17 4 33 92 47 45. 522 35 53 161 1 72 38 2 17 29 5. 5-35 29 9 47 45 116 112. 15 19 117 1 11 124 12 15. 9 99 12 12 13 11 113 11 119 122 119 127 12 15 98 133 136 12 114 1 11 122 125 122 13 121 15. 6 138. 5 136. 141 119 114. 111 12 123 1 128 121. 98 13 13 138 119 114 15 111 121 124 12 128 121 15. 6 136 134. 5 139 12 114 15 111 12 124 121 129 122. 137 134. 7 14 121. 115. 15 11 123. 126 122 13 121 139 137. 14 121 115 14 112. 123 127 123 131 121. 9 14 138 143 TABLE 3. GROSS NATIONAL PRODUCT BY MAJOR TYPE OF PRODUCT (1-6, 1-7) Billions of llars Billions of 1954 llars, seasonally adjusted at annual Goods output Inventorv change output Nondurable goods output. Construction. Addendum: Auto product 556 55 5 279 273 6 5 15 3 12 3 3. 17 171 2 214 62. 21 583 579 4 285 4 11 18 2. 2 179 177 228 6 24 622. 6 618 3 39 3 3 12. 118. 2. 189 187 1 244 69. 25 599. 59 6 296 29 6 113 11 3. 183. 3 179 3 234 67 68 66 3 2 114 114 185. 7 183 1 239. 6 68 25 6 614 3 38. 34 3 121 119. 186 185 241 68 26 628 625 2 313 31 2 122. 12 1 191 189 1 246. 69 26 634 628 5 315 3 5 12 117. 9 3 193 191 2. 1 25 69. 23. 476 47 25 245. 1 91 89 158 155. 9 174 51 18 49 48 4 258. 1 254. 4 96 94 1 161 159. 6 2 181 53. 2 516. 512. 7 3 273 269 3 14 12 1 168 167. 188 54 2 52. 496 5 263. 2 257 5 99. % 164. 2 16 3 18 54 2 58. 5 266 263 1 99 165 164. 1 186 55. 21 513 3 271 26 3 15. 4 13 2 166 16 186 55. 22. 51 517. 276 273. 7 16. 14 1-1 17. 3 168 1 188 54 r 4 22 522 517 5. 278 273 5. 3. 172 17 2. 1 53 19 16

Total value of farm output Less: Value of intermediate products consumed total Equals' Farm GNP TABLE 4. FARM GROSS PRODUCT Billions of llars 39 *18 21 4 18 21 4. 18 2 Billions of 1954 llars 1 21 Personal, Government, and Foreign Transactions on GNP Accounts 41 19. 2 41 19 2 Corporate gross product Indirect taxes- -- - Capital consumption allowances Income originating in corporate TABLE 5.-CORPORATE GROSS PRODUCT [Billions of llars] business C ompensation of employees Net interest Profits before tax, including inventory valuation adjustment * 39. 32 3 245 198 45 323 34 31 257 28. 5 48 345 36 33 274 22. NOTE. Back data published in the July Survey. 1 Excludes profits originating in the rest of the world. 53 331 35 3 263 21 5 337 35 33. 268 214,7 53 343 36 33 273 218 54 348 37 33 277 221 55 37 34 225 TABLE 6. PERSONAL CONSUMPTION EXPENDITURES BY MAJOR TYPE (II-6, II-7) [Billions of llars] Unadjusted for seasonal variation Goods and services, total, total Automobiles and parts Furniture and household equipment Nondurable goods, total Food and beverages Clothing and shoes Gasoline and oil -, total - '... Housing Household operation Transportation 356 48 7 162. 84 29 12 3 146 46 2 11 67. 375. 52 22 21 8. 167 87 3 12 36 155 48 22 11 72. 399 57. 2 24. 8 177 91 33 13 38 165 51 24 12. 2 77 381 5 22 8 168 87 3 13. 37 158 49 23. 11 74 39. 55 24 23 172 89 32 13 37 161 5 23 12. 75 396 57. 24 2 8 175 33 13 38. 163 51 24. 1 76 44 58 2 8 179 92 33 13 39 166 51 24. 8 1 77 46 56 22 24 9. 181 9 34 13 39 169. 5 25 12. 3 79 13 6 6 3 47 22. 6 1 3 11 39 1 5 2 18 9 5 21 6 3 8 4 6 2 18 97 1 6 1 4 2 7 3 8 4 12 5 3 19 97 13 5 1 43 2 7 8 4 12 3 19 11 16 6. 7 3 5 24 11 3 41 13 6 3 19 TABLE 7. GOVERNMENT RECEIPTS AND EXPENDITURES (IH-3, IH-4) Federal Government receipts - Personal tax and nontax receipts Corporate profits tax accruals Indirect business tax and nontax accruals.. Contributions for social insurance- Federal Government expenditures.. Purchases of goods and services Transfer payments To persons Foreign (net) Grants-in-aid to governments Net interest paid Subsidies less current surplus of government enterprises Surplus or deficit ( ) on income and product account government receipts Personal tax and nontax receipts Corporate profits tax accruals Indirect business tax and nontax accruals Contributions for social insurance. Federal grants-in-aid government expenditures Purchases of goods and services Transfer payments to persons Net interest paid Less: Current surplus of government enterprises Surplus or deficit ( ) on income and product account 16 49 21 15 2 11 62 28 26 8. 7-4 59 8 1 37 3 8. 57 53. 5 2 11 51 23. 23. 11 64 29 28 9 7 3-1 64 1 3 9 62. 57 6. 2 113 49. 24. 16 24 119 31. 29 1 1 8 3-5 69 1 43 1 67 63. 6 3. 11 53 24 15 23 116. 6 64 3 28 1 9 7 3 66 9 41 4. 9 64. 59 6 2 2 114 23 15 23 11 64 31 29 1 9 8 3-67 42 4 9 65 6 6 2 112 47 24 16 2 1 67 3 29 1 8-7 69 1 4 1 66 6 6 2 2 114. 24 16 24 119 3 29 1 1 8 3-7 1 43 4 1 68 64 6 3. 2 49 16 25. 12. 1 65 31. 5 29 1 8 1 44 4 1 68 64 6 3 26 12. 6 4. 3. 1 7 7. 2. -3 19 12 1. 15 1 2 28 1 3 28 15 8. 7 2 2 1. - 16. 2 9 1. 2 14 3 14 5 4 7 3 17 7 7 2 2. 17 3. 1 1. 16 27 12. 6. 4. 5 29 15 7 2 2-2 16. 9 1 2 17-1 1 4 4 3 16 7 2 2 1. 13 1 2 17 16 2 ' TABLE 8. FOREIGN TRANSACTIONS IN THE NATIONAL INCOME ACCOUNT (-2, -3) Receipts from abroad Exports of goods and services Payments to abroad Imports of goods and services Net transfer payments by Government Net foreign investment. 2 3 3 3 26 2 3 3 3 1 5 3 3 3 26 1 4 34 34 34 26 1 6 33 33 33 27 4 35 35 35 28 1 37 37 37 29 5 6 1 6 8 8 8 7 8 8 8 7 1 17

18 SURVEY OF CURRENT BUSINESS February 1965 National and Personal Income (Billions of llars)? P P National income TABLE 9.-NATIONAL INCOME BY TYPE OF INCOME (1-8, 1-9) Compensation of employees 323 Wages and salaries 297 Private 24 Military. 1 Government civilian 44 Supplements to wages and salaries.. -25 Employer contributions for social insurance 1 labor income 12 Employer contributions to private pension and welfare funds- 9 Proprietors' income Business and professional Income of unincorporated enterprises Inventory valuation adjustment.. Farm Rental income of persons - Corporate profits and inventory valuation adjustment Profits before tax Profits tax liability Profits after tax Dividends Undistributed profits Inventory valuation adjustment Netinterest 49 1 48 25. 22 47 34 312 252 1 48 15 13 1 2 37 37 13. 12 5 51 24 26 18. 8-24 59 361 33 267 11 5 3 16. 14 52. 39 39 12 1 57. 5 3 19 11 26 49. 347 318 257 11 4 28 15 13 51 38 1 53 54 26. 28 19 9-25 498 35 3 26 11 5 29 15 13 1 56 56 25 3 19 11 25 57 358 328 265 11 51 29 15 14. 51 39 1 57 57 26. 31 19 12-26 514 364 334 269 11 53 3 1 52 3 1 58 58. 26. 32. 2. 12. TABLE 1. NATIONAL INCOME BY INDUSTRY DISION (1-11) All industries, total Agriculture, forestry, and fisheries Manufacturing. industries Nondurable goods industries Wholesale and retail trade Finance, insurance, and real estate Transportation Communications and public utilities Government and government enterprises 18 13 7 52 73 46 18 5 6 3 47 18 137 82 54 4 77 48 19 19 59 64 33 59 147. 88 58 2 82. 51 2 2 64 7. 36 49. 19. 14 85 5 79 5. 19 19 6 66 34. 498 1 144. 2 87. 57 8 5 19 19 6 68. 3 57 147 88 58 6 81 5 2 2 63 69 35 27 514 14 9. 58 5 82 51 2 64 7 36 37 339 274. 11 54. 3 14 52 39 12 1-27 TABLE 11. NATIONAL INCOME BY CORPORATE AND NONCORPORATE FORM OF ORGANIZATION (1-14) National income Income originating in corporate business Compensation of employees Wages and salaries Supplements to wages and salaries. Corporate profits and inventory valuation adjustment * Profits before tax 1 Profits tax liability Profits after tax 1 Inventory valuation adjustment- Net interest Income originating outside corporate business 245 198 18 18. 45 4 2 47 257 2 189 19 48 48 24 2-1 Excludes profits originating in the rest of the world. p Preliminary. 59 274 22. 19 2 53 54 2 49. 263 21 192 19 5 51 26. 25-498 268 214 194 2. 53 53 25 27 57 273 218 198. 2 54 54 26. 28 8-514 277 221 21 2 55 55. 26 29. 21. 221. 235. 1 226 229 233 236 225 24 2-24 TABLE 12. RELATION OF GROSS NATIONAL PRODUCT, NATIONAL INCOME, AND PERSONAL INCOME (1-17,1-18) Less: Capital consumption allowances Equals: Net national product- Less: Indirect business tax and nontax liability Business transfer payments Statistical discrepancy Plus: Subsidies less 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: Personal income Personal income 556 2 48 57 52 1 48 23 32 8. 583 5 533 55-2 7 1. 47 5 26 34 8 18. 622 6 53 569 59 1 7 59 8 57. 28 35 9 19 599 51 547. 3 57 3 1 8 49. 53 27 5 34 8 19 68 8 5 556 57 1 6 1. 498. 4 56 28. 35 9 19 618 6 53 5 59. 2 4 57 57 28 35 9 19 628 4 53 574 6 1 4 514 58 29. 35 9 2. 44 464 491 474 48 487 494 TABLE 13. PERSONAL INCOME AND ITS USE (II-2) Wage and salary disbursements Commodity-producing industries.. Manufacturing only Distributive industries. Service industries Government.- - labor income - - Proprietors' income Business and professional Farm - - - - Rental income of persons - Dividends -... Personal interest income Transfer payments Old-age and survivors insurance benefits State unemployment insurance benefits Ve trans' benefits Less: Personal contributions for social insurance Less: Personal tax and nontax payments Federal Less: Personal consumption expenditures Equals : Personal saving Addendum: Disposable personal income in constant (1954) llars 442. 4 297 11 9 76 46 4 5 12 49 3 34 14 2 4 12 1 3 49 8 356 27 343 464 312 123 98. 8 49 3 59 13 5 6 37 13. 12 18. 32 9 36 1 2 5. 13 11 8 6 51 375. 27 354 491 33 129 13. 84 5 6 14 52. 39 12 1 19 36 38 2 16. 14 12 59 49. 1 399 3 375 474 318 125 99 81 61 13 51 5 38 1 19 34 2 3 15 3. 5 1 12 63 53 9 381 29 36 48 3 126 1 82 51 6 13 1 19 35. 38 2 14 12 61 39. 29 366 487 328 128 1 84 5 63 14. 51 39. 1 1 19 35 38. 16 5 1 1 57 47 1 396 34. 374 494 334 13 13 85 52 64 1 52 3 1 2. 36 38. 16 1 12 58 1 Equals: Disposable personal income, 384 4 431 41 419 43 43 44 31. 378 634 6 54 58 6 n a 1. 29 -. 1 35,9 9 5 5 34. 132 1 8 53 66 14 52 39 12 1 36 38 16 5 14 13. 6 49 1 442 46 35 383

CURRENT BUSINESS STATISTICS A HE STATISTICS here update series published in the edition of BUSINESS STATISTICS, biennial Statistical Supplement to the SUEVEY OF CURKENT BUSINESS. That volume (price $2.) contains data by months, or quarters, for the years 1959 through (1951-62, for major quarterly series) and averages of monthly or quarterly data for all years back to 1939; it also provides a description of each series and references to sources of earlier figures. Series added or significantly revised after the BUSINESS STATISTICS 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. 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. Unless otherwise stated, statistics through and descriptive notes are shown in the edition of BUSINESS STATISTICS 1961 Annual total 1961 I II III Data from private sources are provided I II III Seasonally adjusted quarterly totals at annual GENERAL BUSINESS INDICATORS Quarterly Series 1 NATIONAL INCOME AND PRODUCT National income total f Compensation of employees, total bil. $ Wages and salaries total. Private --- - Military -.--- - Government civilian Supplements to wages and salaries. Proprietors' income, totalcf - Business and professionald* Farm : Rental income of persons Corporate profits and inventory valuation adjustment, total. bil. $. Corporate profits before tax, total Corporate profits tax liability Corporate profits after tax Dividends... -- Undistributed profits. Inventory valuation adjustment Net Interest --., 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, total Household operation Housing Transportation Gross private mestic investment, total. New construction Eesidential nonfarm -. Change in business inventories.. Nonfarm Exports... Imports -.' Govt. purchases of goods and services, total.- Federal (less Government sales) National defense 9, ".. By major type of product:f, total.. - Goods, total. "... Nondurable goods.,-... Construction. 426 32. 2 278 227. 4 23 35 12 1 44 4 22 21 1 6-2 518. 7 337 43 7 17 19 155 4 28 7 81 11 9 138 3 2 4 44 2 1 7 68 41 21 25 1 9 1 5 4 27 6 23 18. 57 49 5 6 516 2 94 5 163 2 8 58 1 323 297. 1 24 1 44 25 49 1 48 25. 22 556 356 48 162. 29 9 84 12 146 4 21 6 46 11 3 79 44 2 2 29. 5 9 5 3 4. 29 2 25 2 116 62 53 6 55 273 6 12 3 171. 3 214 7 62 47 34 312 252 1 48 37 13. 12 5 51 24 26 18. 8 24 583 375. 52 1 22 21 167 5 3 7 87 12 8 155 3 22 7 82. 46 6 2 31. 4 4 3 9 4 3 7 26 3 12 64 55 2 579 285 8 18 2 177 228 4 65 2 44 31 286 233. 2 1 42 23 4 36 13 1 49. 49 24 24 15 8-2 536 34 46 19 157 8 29 4 8 12 141 4 2 9 45 1 8 74 41 9 22 27 5 6 5 2 4 28 4 24 1 1 59 5 9 52 8 531 264 8 98 4 166 26 8 59 7 44 316 29 236 11 4 25 5. 36 13 1 47 4 22 24. 5 16 8 -j 21 545 35 47 4 19 2 159 5 29 6 83 143 6 21 3 45 6 11 1 77 42 5 2 28 6 9 6 4 3 28 24 6 114. 3 61 52 5 52 8 538 268 9 1 2 168 21 59 8, total... 1 5 4 6...,... 1 3 2 2 3 6 3 Nondurable goods.. n 2.* 2.' 9 2.' 2 2.* 2 'Revised. *> Preliminary. frevised series. Estimates of national income and product and personal income have been revised back to 1961 (see p. 8 fl. of the July SURVEY); revisions prior to May for personal income appear on p. 15 of the July SUEVEY. 454. 3 32 296 241 11. 44 25 49 13 1 48. 47 23. 24 16. 21 553 354. 47 7 2 19 161 29 7 84.' 1 145 3 21 3 46 2 11 2 78 44 i 23 28 6 1 5 5 4 29 6 25 3 116.,! 6 55 3 52 5 547. 3 273 5 13 5 17. 2 61 6 6 q -I 3. 457 325 299 243 1 45. 26 49. 7 36 13. 1 48 48 23 25. 22 559. 35 48 4 2 2 162 9 3 8 12 3 147 2 21 7 46 8 11 4 8 45 5 24 2 51 4 4 4 29 7 25 3 115 6 53 554. 273 9 11 4 172. 6 216 8 63 2 5 31 2. 463 328. 3 244 1 46 26 49 36 12 1 5. 3 49 23 25 17 8 22 566 6 364. 5 2 21 164 4 3 2 85 12 5 149 5 22 47 5 11 5 79 44 9 24. 29 5 4 4 8 3 29 4 25 5 118 63 54 8 56 278 2 14 1 174 99 63 5 1 53 467 332. 7 35. 3 247 1 4 27 5 37 12 49 23 25 1 8. 3 23 5 571 8 369 51 1 2 2 166 3 4 86 12 7 152 1 22 4 48 11 6 77 44 7 24 2 3 6 3 3 28 8 OK A 121 65 54 8 56 3 568 28 9 15 175. 8 994 7 fi9 7 1 C 2. ; 474 338 31. 1 25 1 47 27 5 37 12 12 51 24 26 17 8-24. 577 4 372. 51 5 2 21. 166 6 3 1 86 12 8 153 9 22 4 48 6 8 45 9 25 3 3 6 3 2 4 3 5 9fi H 12. 9 64 55 2 56 7 573 98fi ^ 111 175 99 K «q 7 9 7 481 342 314 255. 1 48 28 5 37 12 1 51 51 24 26 17 8 24 587 2 377 52 2 2 2 168 6 31 3 87 12 9 156 6 22 9 49 2 82. 8 47 2 25 31 4 2 3 7 31 9fi 8 122 64 55 5 58 4 583. 9 c 7 1fi fi 179 9-1 9 fifi 9 49. 347 318. 8 257. 6 11. 7 4 28 51 38 1 53 54 3 26 28 19 9 25 4 599 381 53 6 22 168 9 3 9 87 13 158 8 23 o 49 8 11 8 87 48 ^ 26 3 6 4 6 5 9 c 9fi Q 124. 8 64 ec q CQ Q 59 9Qfl ^ 11 4 179 9Q4 f\ fi7 8 498. 4 35 3 26 11 5. 7 29 1 56 56 6 25 4 3 19 11 25 9 68 8 39. 55 9 24 23 172 9 32 1 89 13 3 161 1 23 5 5 5 12 85 4.O 9 26 3 2 5 2 2 7 qxi c 9fi a 12 64 54 6 9 66. 4 9Q8 9 m q 183 9qn «co o 57. 1 358 328. 7 265 11 51 29 51 39 12 4 57 26 31 19 12 26 5 618 6 396 57 24 2 175 3 33 2 13 5 163 8 24 o 51 1 8 26 34. 6 3 7 3 4 5 qq 7 97 Q 12 67 K7 o Of) K 614 Qfl4 Q 1 1Q ft 185 R8 Q 514 364 334 4 269. 4 11 53 2 3 52 I 39 6 12 6 12 4 58 1 58 26 32 2 12 1 27 1 628 4 44 58 7 242 179 5 qq o 92 13 5 Ififi 4 24 8 51 8 87 4ft Q 25 3 252 2 7 7. qc 7 129 cc 9 fi4 1 625 19fi 7 189. 8 P.Q 9 r> 37. 6 v 339 9 v 274. pll p 54. J>3 v 52. 8»39 P12 *>1 P» *>27. 6 r 634 6 '46 56 3 22 r 24. 5 f 181 3 r 34 3 r 93. 6 r 13 7 r 169 r 25 1 52 4 ' r 12 3 '9 r 48 7 r25 '36. r 5 7 r 6 1 '7 r 37 1 r 29 4 r 13. r65 r 55 3 64 6 628 39 6 117 9 191. 7 25 3 69 6 3 2 5 a 7 3 1 1 2 Includes data not shown separately 2 cflncludes inventory valuation adjustment. 9 Government sales are not deducted. 1 Annual totals for appear on p. 16 ff of this issue of the SURVEY. 761-192 O-65-3 Sr-1

S-2 SUEVEY OF CURRENT BUSINESS February 1965 Unless otherwise stated, statistics through and descriptive notes are shown in the edition of BUSINESS STATISTICS NATIONAL INCOME AND PRODUCT Con. Quarterly Data Seasonally Adjusted at Annual Rates GNP in constant (1954) llars, totalf bil. $ Personal consumption expenditures, total.... ^ Nondurable goods Gross private mestic Investment, total New construction Change In business inventories 1961 Annual total GENERAL BUSINESS INDICATORS Quarterly Series Continued.... ' Govt. purchases of goods and services, total Federal. DISPOSITION OF PERSONAL INCOMEf Quarterly Data Seasonally Adjusted at Annual Rates Personal Income total bil. $ Less' Personal tax and nontax payments Equals* Disposable personal income Personal saving. NEW PLANT AND EQUIPMENT EXPENDITURES Unadiusted quarterly or annual totals: All Industries bil. $ Manufacturing Industries Nondurable goods Industries Mining.. Railroads Transportation, other than rail Public utilities Communications Commercial and other. Seas. adj. qtrly. totals at annual : All industries Manufacturing industries Mining Railroads Public utilities ' Commercial and other BUSINESS POPULATION Firms in operation, end of quarter (seasonally adjusted) thous U.S. BALANCE OF INTERNATIONAL PAYMENTScft Quarterly Data are Seasonally Adjusted Imports: Merchandise....,. Military expenditures services. Govt. grants and capital outflows. U S private capital (net) Direct investments Long-term portfolio - Short-term... U S receipts recorded Exports: Merchandise and military sales. Repayments on U.S. Govt. loans Foreign capital other than liquid funds (net). Excess of recorded receipts or payments ( ). Unrecorded transactions (net) 447 33 41 143 118. 9 57 34 21 1 84 44 39 417. 6 52 364. 7 27 347 18 67 7 8 7 15 52 32 8,46 44,713 31,791 14, 497 2,954 5, 41 75 4,54 4, 18 1,599 1, 25 1,556 3, 419 19, 913 8,525 1,274 77-1,372-998 476 31 45 148 124 65. 9 36 24. 89 49. 4 4 442. 4 57 384 27 371 14. 68 7 75 5 2 58 3 92 M,755 33,486 16, 134 3,44 5, 843 738 4,293 3,434 1 654 1, 227 553 32,394 2,576 9,58 1, 28 1,3-1,92-1,111 49 33. 6 49 15 129 67. 7 37 4 92 49 4 464. 1 6 4 27 392 15. 69 75 74 1 1 12 5 39 1. 3 * 4, 797 35,99 16, 996 2,897 6, 442 826 4,522 4,37 1,888 1,685 734 33, 685 21,989 1, 31 969 696-2,35-339 469 31 44 146 122 64 35 6 1 88 48 4 434 56. 1 37 28. 8 34 14 9 6 6 7 1 8 35 14. 2 65 7 15 2 55 3 85 4,78 8,447 3,948 758 1, 412 187 1,74 1,68 26 39 418 7,76 5,32 2,198 15 326-741 -7 475 316 44 147 123 65 23 5 2 89 39 441. 57 383 29 9 9 17 12 7 6 17 3 27 365 145 65 7 1 5 5 5 3. 65 95 4, 79 8,151 4,58 749 1,462 189 1, 65 628 446 33-121 7,925 5,237 2,397 237 54 226-214 Total, net receipts or payments ( ) -2, 37-2,23-2, 644-748 -44 Net receipts or payments ( ), incl. transactions in nonmarketable, medium-term convertible Govt. securities mil $ 1 <UO T Revised. * Preliminary, «See note 1 on p. S-l. i Estimates for Oct.-Dec. based on anticipated capital expenditures of business. 2 Estimates for Jan.-Mar. 1965 based on anticipated capital expenditures of business. Anticipated expenditures for the year are as follows (in bil. $): All industries, 446; manufacturing, total, 11; durable goods industries, 95; nondurable goods industries, 96; mining, 18; railroads, 16; transportation, 21; public utilities, 64; commercial arid other (incl. communications),. s includes communications. 478 319 4 149. 1 125. 66. 3 37. 5 24 4 2 89 49 444 5 386. 27 2 32 19 13 8 4 14 7 8 385 15. 5 5 7. 8 1 1. 2. 55 95 4,8 8,312 4,88 745 1,465 177 1, 66 771 417 28 146 8,48 5,288 2, 339 66 175 96-43 334 483. 32 47 149 126. 5 66 37. 24 4 2 9. 7 49 4 449. 7 59. 3 39 26 18 43 2 2 7 12 5 375 15. 7 7 1. 1 55 4,815 8,576 4, 4 792 1,54 185 1, 88 967 531 326 no 8,355 5,19 2,574 287 475-221 -46 681 485 327. 4 15 127. 8 64 36 24 3 1 9, 5 41 45 6 395 25 8. 25 37 1. 62 5 4 1 9 1 5 6 36. 95 14. 85 75 7 1 1 35 5 4,825 8,724 4,37 747 1, 543 29 1,6 1,128 618 546 7,78 4,99 2,545 166 79-944 -118-1,62 487 328 48 151 128 66 37 25 3 2 91. 49 41 46 61 399 27 94 32 16 15 6 8 4 1 5 1 38 15 75 7. 65 1. 1. 2. 5 55 5 9. 65 4,835 9,713 4,212 731 1,588 29 1,336 1,637 477 598 562 8,429 5,472 2,55 19 262-1,284-11 -1,295 ; 494 33 49 15 1 68 38 25 4. 2. 92 4 42 466 61 44 27. 14 35 16 19 7 9 5 3 4 4. 155 8. 8. 1 15 5 35 4, 85 8,482 4,368 711 1,654 26 1, 9 534 235 33-4 8,596 5, 61 2, 427 424 135 114-267 -153 52. 334 5 152 13 71 39. 26 5 3 9 48 43 474 63. 3 41 29 1 46 21 2. 25 8 3 4 1 1 22 4 165 8 85 1 15 2 5 4 15 4,86 9,71 4,379 78 1,657 22 1,117 1,8 558 238 212 8,88 5,917 2,554 189 22-191 57-134 58. 34 53 155. 2 132. 6-712 -1,143 22-19 -94-68 -359 4 Unadjusted. Data representt firms iri operation as of Jan. 1; estimate for Jan. 1, is based on iricomplete data. fsee correspond] ng note Dn p. S-l (revisioiisforqtrs. of 1961 appear on p. 8 ff. of thejuly 1961 SURVEY. Personal sa-< 7ing is 63fcess of disposable income over personal consumptiin expenditures shown as a con: iponent c>f gross national product 1a p. S-l. cfmore complete details are given in the qmirterly r 3 views iii the Mar., June, Sept. and Dec. issue 3 of the SITRVEY. t Revised dat a for -61 app< jar on p. 1 of the June 196 4 SURVEy. 7 3 28 5 9 47. 8 43 48 61. 4 419 29 9 39 13 17 6 2 1 18 7 27 45 17 85 5 15 1 2 55 4 5 4,875 9, 253 4, 366 717 1,665 197 928 1,38 521 227 632 9,329 6,112 2,888 216 113 76-17 -94 513. 5 345. 54. 157 133. 7 7 39 28 3 3 94 49 44 487 57 43 34. 11. 11 43 2 3 9 6 3 18 1 1 43 17. 8 9. 8 15 5 5 6 4 15 4,895 9, 797 4, 576 728 1,74 28 1, 13 1,451 571 263 617 9,121 6,36 2,83 188 94-676 -54-73 519. 6 351 5 16 135 7 4 92:8 47 45. 494 58 43 31. 11. 54 47 27 2 7 9 11 1. 6 24 45. 65 18. 85 9 1 6 4 11. 4,91 9, 898 4, 747 684 1,77 214 1,75 1,48 519 586 33 9, 512 6,362 2,82 21 147-386 -176-562 «'522 «352. 4 «53 «161 «136. 6 «72»38 «29. 5 «5. ««9 "47 «45. 1 «52. 2 «6 '442 <"35 U 51 2. 75 26 2 1 7 8 3 4. 11 146 195 9 95 5 15 2 6. 3155 43 p 495 p 619 p-1,317 1965 I 2 1. 58 43 29 4 9 8 3 7 38 247 2 15 5 5 1 25 6 315