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BUSINESS STATISTICS THE DATA here are a continuation of the statistics published in the 1947 Statistical Supplement to the SURVEY OF CURRENT BUSINESS. That volume contains monthly data for the years 1941 to 1946, and monthly averages for earlier years back to 1935 insofar as available; it also provides a description of each series and references to sources of monthly figures prior to 1941. Series added or revised since publication of the 1947 Supplement are indicated by an asterisk (*) and a dagger (f), respectively, the accompanying footnote indicating where historical data and a descriptive note may be found. The terms "unadjusted" and "adjusted" used to designate index numbers refer to adjustment of monthly figures for seasonal variation. Data subsequent to February for selected series will be found in the Weekly Supplement to the Survey. Unless otherwise stated, statistics through 1946 and descriptive notes may he found in the 1947 Supplement to the Survey 1949 1948 February March April May June July August September October November December January February GENERAL BUSINESS INDICATORS NATIONAL INCOME AND PRODUCTf Seasonally adjusted quarterly totals at annual rates: National income, total _ _ _ bil. ofdol__ Compensation of employees, total... do Wages and salaries, total _ do _ Private do Military __ do Government civilian.. _do_ __ Supplements to wages and salaries do Proprietors' and rental income, total do Business and professional do Farm _ _ do_ __ Rental income of persons do Corporate profits and inventory valuation adjustment, total _ _ _ _bil. ofdoLCorporate profits before tax, total.. _ do Corporate profits tax liability _ do __ Corporate profits after tax do. __ Inventory valuation adjustment __do Net interest do 213.9 134.0 129.1 111 4 3.4 14.2 4.9 49.9 24 8 17.6 7.5 222.3 136.3 131.3 113 2 3.5 14.6 5.0 51'. 6 25 3 18.9 7.4 228.2 142.4 137.4 118 2 3.5 15.6 5.1 50.6 25 2 18 1 7.4 233.2 144.7 139.6 119 6 3.7 16.2 5.1 51.4 25 6 18.4 7.4 25.3 30.5 11 8 18.7 53 4.7 29.6 32.1 12.5 19.6 2.5 4.8 30.2 34.0 13 3 20.8 39 5.0 — 4 5 2 Gro^s national product, total do Personal consumption expenditures,total do Durable goods do Nondurable goods do Services _ _ do Gross private domestic investment do New construction _ do Producers' durable equipment do Change in business inventories _ do_ . Net foreign investment _ do Government purchases of goods and services, total bil. of dol. Federal (less Government sales) do State a n d local _ _ _ _ _ do_ _ 244 9 172.5 21 3 101. 4 49.8 38.0 14.3 19 8 39 3.9 251.9 177.3 22.8 103.7 50.8 38.0 14.4 21 0 2.6 2.7 258 1 180. 1 23 7 104 3 52.1 40.2 14.8 21 9 35 —.3 9R4. Q 30 5 16 7 13 7 33.9 ""9 1 14.8 38.2 22 7 15 5 41 5 25 2 16 3 Personal income, total Less' Personal tax and nontax payments Equals* Disposable personal income Personal savings§ 207.0 23.0 183.9 11.4 210.8 20.6 190.2 12.9 216.3 20.0 196.2 16.1 do do do do 181 0 99 Q 105 1 53 0 42 8 14 7 22 7 53 _ _ __ 4 219 20 199 18 6 2 4 4 PERSONAL INCOME BY SOURCEf Seasonally adjusted, at annual rates: Total personal income _ _ bil. Wage and salary receipts, total Employer disbursements, total Commodity-producing industries Distributive industries Service industries. Government of dol do do do do do do Less employee contributions for social insurance _ bil. of dol Other labor income do Proprietors' and rental income _ _ _ _ do Personal interest income and dividends__.do Total transfer payments do Total nonagricultural income - do 206.4 126.8 128.8 57.8 37.8 15.6 17.6 205.7 126.6 128.7 57.7 37.6 15.6 17.8 208.6 126.8 128.8 57.3 37.8 15.9 17.8 209.2 129.0 131.0 58.5 38.6 15.9 18.0 214.4 131.4 133.6 60.4 38.8 16.1 18.3 214.8 133.4 135.6 60.9 39.5 16.4 18.8 216.7 135. 9 138.0 62.3 40.0 16.5 19.2 217.3 136.7 138.9 63.0 40.0 16.4 19.5 218.5 137.5 139.6 63.0 40.2 16.6 19.8 219.9 138.0 140.1 63.8 39.7 16.6 20.0 221.0 137.7 139.9 63.6 39.8 16.6 19.9 2.0 2.0 49.6 16.6 11.4 2.1 1.9 48.4 16.6 12.2 2.0 2.0 51.2 16.7 11.9 2.0 2.0 50.4 16.8 11.0 2.2 2.0 53.0 16.8 11.1 2.2 2.1 51.7 17.0 11.1 2.1 2.1 50.3 17.3 11.1 2.2 2.1 50.4 17.5 10.6 2.1 2.1 50.7 17.8 10.4 2.1 2.1 51.4 18.1 10.3 52.1 18.4 10.7 184.3 185.1 185.3 186.6 189.7 191.3 193.8 195.0 195.6 196.3 197.4 2.2 2.1 r 219. 5 'r 136. 3 138. 6 r 62.1 r 39.9 r !6. 6 20.0 r 2.3 2.1 217.0 135.1 137. 3 61.4 39.5 16.5 19.9 2.2 2.1 51.4 18.6 11.1 49.6 18.7 11.5 195 7 194.8 NEW PLANT AND EQUIPMENT EXPENDITURES All industries total mil of dol Electric and gas utilities do Manufacturing do Mining do Railroad do Other transportation do Commercial and miscellaneous do r Revised. § Personal savings is excess of disposable income over personal T Revised series. Estimates of national income, gross national 830718° 4,170 SCO 1,800 180 270 180 1,240 4,820 640 2, 140 200 310 190 1,340 4,830 690 2,090 200 r 320 170 1,360 '5r 410 850 r 2,r 320 220 M10 r 170 ' 1, 440 consumption expenditures shown as a component of gross national product above. product, and personal income have been revised beginning 1944; see pp. 27-29 of the July 1948 Survey for the revised figures. s-i