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the
National Income
&
Product Accounts
of the United States,
1929-76 Statistical Tables

 UNITED


STATES DEPARTMENT OF COMMERCE/Bureau of Economic Analysis

the National Income
& Product Accounts
of the United States,
1929-76

Statistical Tables

A Supplement to the
SURVEY OF CURRENT BUSINESS

U.S. DEPARTMENT OF COMMERCE
Malcolm Baldrige, Secretary
Joseph R. Wright, Jr., Deputy Secretary
Robert G. Dederick,
for Economic Affairs

Assistant Secretary

BUREAU OF ECONOMIC ANALYSIS
George Jaszi, Director
Allan H. Young, Deputy Director
September 1981




CONTENTS

1. National Product and Income
1.1

Introduction

vii
1.2

Definitions and Classifications Underlying
The National Income and Product Accounts

ix
1.3

Definitions of National Income and Product Accounts
Entries

ix
1.4

NIP Account: Gross National Product

ix

NIP Account: Charges Against Gross National Product,

ix
1.5

Personal Income and Outlay Account

xi

Government Receipts and Expenditures Account

xii

Foreign Transactions Account

xii

Gross Savings and Investment Account

1.6

xii

Constant-dollar Estimates and Price Indexes

_ „ xiii

Classifications of Production

1.7

1.8

xiii

Sector

xiii

1.9

Legal Form of Organization

xiii

1.10

Industry

xiv

1.11

Table A.—Summary National Income and Product
Accounts, 1976

xvi

National Income and Product Accounts Tables

1

1.12

1.13

1.14
1.15

the
National Income
&
Product Accounts
of the United States,
1929-76



Statistical Tables

1.16
1.17

1.18
1.19
1.20
1.21
1.22

Gross National Product: Annually, 1929-76, and
Seasonally Adjusted Quarterly Totals at Annual
Rates, 1946-76
Gross National Product in Constant Dollars: Annually,
1929-76, and Seasonally Adjusted Quarterly Totals
at Annual Rates, 1947-76!
Gross National Product by Major Type of Product:
Annually, 1929-76, and Seasonally Adjusted
Quarterly Totals at Annual Rates, 1947-76
Gross National Product by Major Type of Product
in Constant Dollars: Annually, 1929-76, and
Seasonally Adjusted Quarterly Totals at Annual
Rates, 1947-76
Gross National Product by Sector: Annually, 192976, and Seasonally Adjusted Quarterly Totals at
Annual Rates, 1946-76
Gross National Product by Sector in Constant Dollars:
Annually, 1929-76, and Seasonally Adjusted
Quarterly Totals at Annual Rates, 1947-76
Relation of Gross National Product, Net National
Product, National Income, and Personal Income;
Annually, 1929-76, and Seasonally Adjusted
Quarterly Totals at Annual Rates, 1946-76
Relation of Gross National Product, Net National
Product, and National Income in Constant Dollars:
Annually, 1929-76, and Seasonally Adjusted
Quarterly Totals at Annual Rates, 1947-76
Net National Product and National Income by Sector:
Annually, 1929-76
Net National Product and National Income by Sector
in Constant Dollars: Annually, 1929-76
National Income by Type of Income: Annually, 192976, and Seasonally Adjusted Quarterly Totals at
Annual Rates, 1946-76
National Income by Sector, Legal Form of
Organization, and Type of Income: Annually,
1929-76
Gross Domestic Product of Corporate Business in
Current Dollars and Gross Domestic Product of
Nonfinancial Corporate Business in Current and
Constant Dollars: Annually, 1929-76, and Seasonally
Adjusted Quarterly Totals at Annual Rates, 1946-76.
Auto Output: Annually and Seasonally Adjusted
Quarterly Totals at Annual Rates, 1947-76
Auto Output in Constant Dollars: Annually and
Seasonally Adjusted Quarterly Totals at Annual
Rates, 1947-76
Truck Output: Annually and Seasonally Adjusted
Quarterly Totals at Annual Rates, 1967-76
Truck Output in Constant Dollars: Annually and
Seasonally Adjusted Quarterly Totals at Annual
Rates, 1967-76
Farm Output, Gross Product, and Income: Annually.
1929-76
Farm Output, Gross Product, and Income in Constant
Dollars: Annually, 1929-76
Housing Output, Gross Product, and Income:
Annually, 1929-76
Housing Output, Gross Product, and Income in
Constant Dollars: Annually, 1929-76
Gross National Product in Current and Constant
Dollars: Annually, 1909-28'

1

6

10

13

16

20

23

28
30
32

34

44

48
58

60
63

64
65
67
69
70
72

2. Personal Income and Outlays
2.1

2.2

2.3

2.4
2.5
2.6

2.7

2.8

2.9

Personal Income and Its Dispositibn: Annually,
1929-76, and Seasonally Adjusted Quarterly Totals
at Annual Rates, 1946-76
Personal Consumption Expenditures by Major Type of
Product: Annually and Seasonally Adjusted
Quarterly Totals at Annual Rates, 1946-76
Personal Consumption Expenditures by Major Type of
Product in Constant Dollars: Annually and
Seasonally Adjusted Quarterly Totals at Annual
Rates, 1947-76
Personal Consumption Expenditures by Type of
Expenditure: Annually, 1929-76
Personal Consumption Expenditures by Type of
Product in Constant Dollars: Annually, 1929-76 . . .
Personal Income by Type of Income: Annually and
Seasonally Adjusted Monthly Totals at Annual
Rates, 1946-76
Personal Income and Its Disposition: Annually and
Seasonally Adjusted Monthly Totals at Annual
Rates, 1959-76
Personal Consumption Expenditures by Major Type of
Product: Annually and Seasonally Adjusted Monthly
Totals at Annual Rates, 1959-76
Personal Consumption Expenditures by Major Type of
Product in Constant Dollars: Annually and
Seasonally Adjusted Monthly Totals at Annual
Rates, 1959-76

3.

3.12

73

83

86
89
96

102

108

112

116

Subsidies Less Current Surplus of Government
Enterprises: Annually, 1960-76
3.13 Social Insurance Funds Receipts and Expenditures:
Annually, 1929-76
3.14 State and Local Government Social Insurance Funds
Receipts and Expenditures: Annually and
Seasonally Adjusted Quarterly Totals
at Annual Rates, 1959-76
3.15 Government Expenditures by Function: Annually,
1952-76
3.16 Federal Government Expenditures by Type and
Function: Annually, 1952-76
3.17 State and Local Government Expenditures by Type
and Function: Annually, 1952-76
3.18A Relation of Federal Government Receipts and
Expenditures in the National Income and Product
Accounts to the Consolidated Cash Statement:
Fiscal Years, 1952-67
3.18B Relation of Federal Government Receipts and
Expenditures in the National Income and Product
Accounts to the Unified Budget: Fiscal Years,
1968-76
3.19 Relation of State and Local Government Receipts and
Expenditures in the National Income and Product
Accounts to Bureau of Census Governmental
Finances Data: Fiscal Years, 1958-76
3.20 Relation of Commodity Credit Corporation (CCC)
Expenditures in the National Income and Product
Accounts to CCC Outlays in the Unified Budget:
Annually, 1960-76

148
148

150
151
152
166

175

178

181

182

Government Receipts and Expenditures
4. Foreign Transactions

3.1
3.2

3.3

3.4
3.5
3.6
3.7A

3.7B

3.8A

3.8B

3.9
3.10
3.11

Government Receipts and Expenditures: Annually,
1929-76
Federal Government Receipts and Expenditures:
Annually, 1929-76, and Seasonally Adjusted
Quarterly Totals at Annual Rates, 1946-76
State and Local Government Receipts and
Expenditures: Annually, 1929-76, and Seasonally
Adjusted Quarterly Totals at Annual Rates, 1946-76.
Personal Tax and Nontax Receipts: Annually, 1929-76
Indirect Business Tax and Nontax Accruals:
Annually, 1929-76
Contributions for Social Insurance: Annually, 1929-76.
Government Purchases of Goods and Services by Type:
Annually, 1929-71, and Seasonally Adjusted
Quarterly Totals at Annual Rates, 1947-71
Government Purchases of Goods and Services by Type:
Annually and Seasonally Adjusted Quarterly Totals
at Annual Rates, 1972-76
Government Purchases of Goods and Services by Type
in Constant Dollars: Annually, 1929-71, and
Seasonally Adjusted Quarterly Totals at Annual
Rates, 1947-71
Government Purchases of Goods and Services by Type
in Constant Dollars: Annually and Seasonally
Adjusted Quarterly Totals at Annual Rates, 1972-76.
National Defense Purchases: Annually, 1972-76
National Defense Purchases in Constant Dollars:
Annually, 1972-76
Government Transfer Payments to Persons:
Annually, 1929-76




120

122

128
134

4.1

4.2

4.3

135
136
4.4
138

140

4.5

141
5.1

5.2

146

183

187

189

191

192

5. Saving and Investment

144
145
,145

Foreign Transactions in the National Income and
Product Accounts: Annually, 1929-76, and
Seasonally Adjusted Quarterly Totals at Annual
Rates, 1946-76
Exports and Imports of Goods and Services in
Constant Dollars: Annually, 1929-76, and
Seasonally Adjusted Quarterly Totals at Annual
Rates, 1947-76
Merchandise Exports and Imports by Type of Product
and by End-Use Category: Annually and
Seasonally Adjusted Quarterly Totals at Annual
Rates, 1967-76
Merchandise Exports and Imports by Type of Product
and by End-Use Category in Constant Dollars:
Annually and Seasonally Adjusted Quarterly Totals
at Annual Rates, 1967-76
Relation of Foreign Transactions in the National
Income and Product Accounts (NIPA's) to the
Corresponding Items in the Balance of Payments
Accounts (BPA's): Annually, 1946-76

Gross Saving and Investment: Annually, 1929-76, and
Seasonally Adjusted Quarterly Totals at Annual
Rates, 1946-76
Gross Private Domestic Investment, Capital
Consumption Allowances with Capital Consumption
Adjustment, and Net Private Domestic Investment
by Major Type of Investment: Annually, 1929-76 . .

195

200

5.3

5.4
5.5
5.6
5.7
5.8

5.9

5.10
5.11

Gross Private Domestic Investment, Capital
Consumption Allowances with Capital Consumption
Adjustment, and Net Private Domestic Investment
by Major Type of Investment In Constant Dollars:
Annually, 1929-76
Purchases of Structures by Type: Annually, 1929-76 . .
Purchases of Structures by Type in Constant Dollars:
Annually, 1929-76
Private Purchases of Producers' Durable Equipment
by Type: Annually, 1929-76
Private Purchases of Producers' Durable Equipment by
Type in Constant Dollars: Annually, 1929-76
Change in Business Inventories by Industry: Annually,
1929-76, and Seasonally Adjusted Quarterly Totals
at Annual Rates, 1946-76
Change in Business Inventories by Industry in Constant
Dollars: Annually, 1929-76, and Seasonally
Adjusted Quarterly Totals at Annual Rates, 1947-76.
Inventories and Final Sales of Business: Seasonally
Adjusted Quarterly Totals, 1946-76
Inventories and Final Sales of Business in Constant
Dollars: Seasonally Adjusted Quarterly Totals,
1947-76

6.13

202
204
207
210
212

213

217
220

223

6. Product, Income, and Employment by Industry
6.1
6.2

Gross National Product by Industry: Annually, 1947-76
Gross National Product by Industry in Constant
Dollars: Annually, 1947-76
6.3A National Income Without Capital Consumption
Adjustment by Industry: Annually, 1929-48
6.3B National Income Without Capital Consumption
Adjustment by Industry: Annually, 1948-76
6.4
National Income Without Capital Consumption
Adjustment by Industry: Annually and Seasonally
Adjusted Quarterly Totals at Annual Rates, 1946-76.
6.5A Compensation of Employees by Industry:
Annually, 1929-48
6.5B Compensation of Employees by Industry:
Annually, 1948-76
6.6A Wages and Salaries by Industry: Annually, 1929-48 . .
6.6B Wages and Salaries by Industry: Annually, 1948-76 . .
6.7A Full-Time and Part-Time Employees by Industry:
Annually, 1929-48
6.7B Full-Time and Part-Time Employees by Industry:
Annually, 1948-76
6.8A Full-Time Equivalent Employees by Industry:
Annually, 1929-48
6.8B Full-time Equivalent Employees by Industry:
Annually, 1948-76
6.9A Wages and Salaries per Full-Time Equivalent Employee
by Industry: Annually, 1929-48
6.9B Wages and Salaries per Full-Time Equivalent Employee
by Industry: Annually, 1948-76
6.1 OA Self-Employed Persons by Industry: Annually, 1929-48
6.10B Self-Employed Persons by Industry: Annually, 1948-76
6.11 A Persons Engaged in Production by Industry:
Annually, 1929-48
6.1 IB Persons Engaged in Production by Industry:
Annually, 1948-76
6.12 Hours Worked by Full-Time and Part-Time Employees
by Industry: Annually, 1948-76




227
228
229
231

234
238
240
243
245
248
250
253
255

Hours Worked by Persons Engaged in Production
by Industry: Annually, 1948-76
6.14 Employer Contributions for Social Insurance
by Industry: Annually, 1948-76
6.15 Other Labor Income by Industry and by Type:
Annually, 1948-76
6.16A Nonfarm Proprietors' Income by Industry:
Annually, 1929-48
6.16B Nonfarm Proprietors' Income by Industry:
Annually, 1948-76
6.17A Noncorporate Capital Consumption Allowances by
Industry: Annually, 1929-47
6.17B Noncorporate Capital Consumption Allowances by
Industry: Annually, 1948-76
6.18A Inventory Valuation Adjustment to Nonfarm Incomes
by Legal Form of Organization and Industry:
Annually, 1929-47
:
6.18B Inventory Valuation Adjustment to Nonfarm Incomes
by Legal Form of Organization and Industry:
Annually, 1948-76
6.19A Net Interest by Industry: Annually, 1929-47
6.19B Net Interest by Industry: Annually, 1948-76
6.20A Corporate Profits by Industry: Annually, 1929-47
6.20B Corporate Profits by Industry: Annually, 1948-76, and
Seasonally Adjusted Quarterly Totals at Annual
Rates, 1946-76
6.21A Corporate Profits Before Tax by Industry:
Annually, 1929-48
6.21B Corporate Profits Before Tax by Industry:
Annually, 1948-76
6.22A Federal, State, and Local Corporate Profits Tax
Liability by Industry: Annually, 1929-47
6.22B Federal, State, and Local Corporate Profits Tax
Liability by Industry: Annually, 1948-76
6.23A Corporate Profits After Tax by Industry:
Annually, 1929-47
6.23B Corporate Profits After Tax by Industry:
Annually, 1948-76
6.24A Net Corporate Dividend Payments by Industry:
Annually, 1929-47
6.24B Net Corporate Dividend Payments by Industry:
Annually, 1948-76
6.25A Undistributed Corporate Profits by Industry:
Annually, 1929-47
6.25B Undistributed Corporate Profits by Industry:
Annually, 1948-76
..
6.26A Corporate Capital Consumption Allowances by
Industry: Annually, 1929-47
6.26B Corporate Capital Consumption Allowances by
Industry: Annually, 1948-76

7.1

7.2
265
267
270

272
273
275
276
277
278

279

280
281
282
283

283
288
290
293
295
298
300
303
305
308
310
313
315

7. Implicit Price Deflators and Price Indexes

258
260
263
264

271

7.3

Implicit Price Deflators for Gross National Product:
Annually, 1929-76, and Quarterly Seasonally
Adjusted, 1947-76
Fixed-Weighted Price Indexes for Gross National
Product, 1972 Weights: Annually and Quarterly
Seasonally Adjusted, 1959-76
Implicit Price Deflators for Gross National Product
by Major Type of Product: Annually, 1929-76, and
Quarterly Seasonally Adjusted, 1947-76

318

322

325

Implicit Price Deflators for Gross National Product
by Sector: Annually, 1929-76, and Quarterly
Seasonally Adjusted, 1947-76
7.5
Implicit Price Deflators for the Relation of Gross
National Product, Net National Product, and
National Income: Annually, 1929-76, and
Quarterly Seasonally Adjusted, 1947-76
7.6
Implicit Price Deflators for Net National Product
and National Income by Sector: Annually, 1929-76 .
7.7
Current-Dollar Cost and Profit per Unit of ConstantDollar Gross Domestic Product of Nonfinancial
Corporate Business: Annually and Quarterly
Seasonally Adjusted, 1948-76
7.8
Implicit Price Deflators for Auto Output: Annually
and Quarterly Seasonally Adjusted, 1947-76
7.9
Implicit Price Deflators for Truck Output: Annually
and Quarterly Seasonally Adjusted, 1967-76
7.10 Implicit Price Deflators for Total Farm Output, Gross
Product, and Income: Annually, 1929-76
7.11
Implicit Price Deflators for Personal Consumption
Expenditures by Major Type of Product: Annually
and Quarterly Seasonally Adjusted, 1947-76
7.12 Implicit Price Deflators for Personal Consumption
Expenditures by Type of Product: Annually, 1929-76
7.13 Implicit Price Deflators for Personal Consumption
Expenditures by Major Type of Product: Annually
and Monthly Seasonally Adjusted, 1959-76
7.14A Implicit Price Deflators for Government Purchases
of Goods and Services by Type: Annually and
Quarterly Seasonally Adjusted, 1947-71
7.14B Implicit Price Deflators for Government Purchases
of Goods and Services by Type: Annually and
Quarterly Seasonally Adjusted, 1972-76
7.15 Implicit Price Deflators for National Defense
Purchases: Annually, 1972-76
7.16 Implicit Price Deflators for Exports and Imports of
Goods and Services: Annually, 1929-76, and
Quarterly Seasonally Adjusted, 1947-76
7.17 Implicit Price Deflators for Merchandise Exports and
Imports by Type of Product and by End-Use
Category: Annually and Quarterly Seasonally
Adjusted, 1967-76
7.18 Implicit Price Deflators for Gross Private Domestic
Investment, Capital Consumption Allowances with
Capital Consumption Adjustment, and Net Private
Domestic Investment by Major Type of
Investment: Annually, 1929-76
7.19 Implicit Price Deflators for Purchases of Structures
by Type: Annually, 1929-76
7.20 Implicit Price Deflators for Private Purchases of
Producers' Durable Equipment by Type: Annually,
1929-76
7.21 Implicit Price Deflators for Inventories and Final
Sales of Business: Quarterly Seasonally Adjusted,
1947-76
7.22 Implicit Price Deflators for Gross National Product
by Industry: Annually, 1947-76

8.2

7.4

328
8.3

331

8.4

334

8.5
8.6
8.7
8.81

335
8.9
338
340
341

8.10

342
345

8.11

353
8.12
357

359

8.13

360

Selected Per Capita Income and Product Series in
Current and Constant Dollars and Population of
the United States: Annually, 1929-76
Capital Consumption Adjustment by Legal Form of
Organization and Type of Adjustment: Annually,
1929-76
Supplements to Wages and Salaries by Type:
Annually, 1948-76
Rental Income of Persons by Type: Annually, 1946-76
Dividends Paid and Received: Annually, 1946-76
Interest Paid and Received: Annually, 1946-76
Imputations in the National Income and Product
Accounts: Annually, 1929-76
Relation of Capital Consumption Allowances in the
National Income and Products Accounts (NIPA's)
to Depreciation and Amortization as published by
the Internal Revenue Service (IRS): Annually,
1929-76
Relation of Nonfarm Proprietors' Income of Sole
Proprietorships and Partnerships in the National
Income and Product Accounts (NIPA's) to
Corresponding Totals as Published by the Internal
Revenue Service (IRS): Annually, 1959-76
Relation of Net Farm Income in the National Income
and Product Accounts (NIPA's) to Farm Operators'
Income as Published by the U.S. Department of
Agriculture (USDA): Annually, 1967-76
Relation of Corporate Profits, Taxes, and Dividends in
the National Income and Product Accounts
(NIPA's) to Corresponding Totals as Published by
the Internal Revenue Service (IRS): Annually,
1929-76
Comparison of Personal Income in the National Income
and Product Accounts (NIPA's) with Adjusted
Gross Income as Published by the Internal Revenue
Service (IRS): Annually, 1947-76

393

394
395
396
397
398
400

406

408

408

409

412

9. Seasonally Unadjusted Estimates

360
9.1
9.2
363
9.3
9.4
364
366

9.5

369

9.6

Gross National Product: Quarterly Totals Not
Seasonally Adjusted, 1946-76
Personal Consumption Expenditures by Major Type
of Product: Quarterly Totals Not Seasonally
Adjusted, 1946-76
Federal Government Receipts and Expenditures:
Quarterly Totals Not Seasonally Adjusted, 1946-76.
State and Local Government Receipts and
Expenditures: Quarterly Totals Not Seasonally
Adjusted, 1946-76
Foreign Transactions in the National Income and
Product Accounts: Quarterly Totals Not Seasonally
Adjusted, 1946-76
Corporate Profits With Inventory Valuation Adjustment
and Without Capital Consumption Adjustment:
Quarterly Totals Not Seasonally Adjusted, 1946-76.

413

416
419

422

426

428

371
374

8. Supplementary Tables
8.1

Percent Change from Preceding Period in Gross
National Product in Current and Constant Dollars,
Implicit Price Deflator and Price Indexes: Annually,
1930-76, and Quarterly Seasonally Adjusted at
Annual Rates, 1947-76




375

NOTE.—For tables 6.3, 6.5-6.11, 6.16, and 6.21, two sets of estimates
are shown for 1948. The estimates in Part A of these tables are based
on the industry classification used for 1947 and earlier years, and the
estimates in part B are based on the industry classification used for 1949
and later years.

INTRODUCTION

THIS SUPPLEMENT to the SURVEY OF CURRENT BUSINESS is one
of a series of reports that presents the revised national income
and product account (NIPA) estimates that resulted from the
comprehensive revision completed in December 1980. This report
presents estimates for the periods before 1977. Estimates for 197679 appeared in The National Income and Product Accounts, 197679, a special supplement to the SURVEY. The December 1980 issue
of the SURVEY contained an article introducing the revision.
In this report, most annual series begin with 1929 and most
quarterly and monthly series begin with 1946. Some detailed
tables cover shorter time spans, and one table, showing GNP in
current and constant dollars, goes back to 1909. Beginning with
1960, the estimates cover the 50 states and the District of Columbia; before 1960, Alaska and Hawaii were partly omitted (for
additional information, see page 5 of the. July 1961 SURVEY). This
report also presents definitions of the NIPA entries and the
classifications of production presented in the NIPA tables.
A summary explanation of the NIPA's appears in "The National
Income and Product Accounts of the United States: An Overview,"
in the February 1981 SURVEY. A report that will explain the conceptual framework of the NIPA's and the methodology used to
prepare the estimates is in preparation. Selected BEA publications
dating from 1954 to 1976 that contain information on the conceptual framework and on the methodology have been reprinted as
Readings in Concepts and Methods of National Income Statistics,
1976 (available from the National Technical Information Service
(NTIS), Springfield, Va. 22161, Accession No. PB-251 329). Other
discussions of selected components appear in the following publications :
• "International Transactions in Measures of
Production," May 1 9 8 1 SURVEY.




the

Nation's

• The National Income and Product Accounts of the United
States: An Introduction to the Revised Estimates for 1929-80,"
December 1980 SURVEY
• "Monthly Estimates of Personal Income, Taxes, and Outlays,"
November 1979 SURVEY
• Price Changes of Defense Purchases of the United States,
Bureau of Economic Analysis, March 1979
• "The Farm Sector," November 1978 SURVEY
• Gross National Product Data Improvement Project Report,
1977 (available from the Superintendent of Documents, U.S. GPO,
Washington, D.C. 20402, Stock No. 003-010-00062-7)
• "New Estimates of Capital Consumption Allowances in the
Benchmark Revision of GNP," October 1975 SURVEY
• "Improved Deflation of Producers' Durable Equipment," July
1 9 7 5 SURVEY

• "Revised Deflators for New Construction, 1947-73," August
1974 SURVEY, Part 1

• Quarterly GNP Estimates Revisited in a Double-Digit Inflationary Economy. BEA Staff Paper No. 25, 1974 (NTIS, Accession No. COM 75-10042).
Methods used to prepare the 1972 inputs output tables, which
serve as the benchmark estimate for major NIPA components,
are described in Definitions and Conventions of the 1972 InputOutput Study, BEA Staff Paper No. 34, 1980 (U.S. GPO, Stock
No. 003-010-00075-9).
The complete set of revised NIPA estimates and the associated
estimates of capital stocks and related measures are available in
machine readable form. For further information, write to the
National Income and Wealth Division (BE-54), Bureau of Economic Analysis, U.S. Department of Commerce, Washington, D.C.
20230.

Acknowledgements
To Robert P. Parker, Chief of the National Income and Wealth
Division, goes the major credit for planning and carrying through
the comprehensive NIPA revision.
John A. Gorman, Assistant Chief of the National Income and
Wealth Division, and Joseph C. Wakefield, Chief of the Government Division, directed major parts of the work for this formidable
project. Edward F. Denison, Associate Director for National Economic Accounts, provided guidance during the revision.
Gerald F. Donahoe and Norman E. Bakka were responsible for
developing the computer systems for assembling the data to produce the tables.
BEA staff that made significant contributions to the revision are
listed below.
Personal consumption expenditures—JAMES
C. BYRNES,
Robert T. Clucas, Clinton P. McCully, Moses J. Branch, Ellen B.
Arroyo, Paul R. Lally.
Investment—JOHN C. HINRICHS. Fixed investment—Stephen
P. Baldwin, Jeffrey W. Crawford, Olivia A. Miller. Inventories—
Anthony D. Eckman, Teresa L. Weadock, John Mon, Mary K.
Osinalde.
Net Exports—LEO M. BERNSTEIN, Phyllistine M. Barnes.
Federal government transactions—DAVID T. DOBBS. Transfer
payments and contributions—Kathleen M. Downs. Constant-dollar
estimates—Richard C. Ziemer, Robert J. Shue, and Robert T.
Mangan. Other expenditures and receipts—Hermione A. Anglin,




Deloris T. Tolson. Computer services—John S. Aldrich.
State and local government transactions—DAVID
J. LEVIN.
Receipts and expenditures—Walter H. Bennett, Henry H. NewmanSantos, Francis J. Lantz. Constant-dollar estimates and computer
services—Donald L. Peters.
Farm output and alternative measures of price change—SHELBY
W. HERMAN, Thelma Ford.
Personal income—MARY W. HOOK. Wages and salaries—
Pauline M. Cypert. Other labor income—George M. Smith. Employment—Mary Carol Barron. Interest—Jeanette Honsa. Rental
income of persons—Teresita Chan. Other contributors to the personal income estimates include Thae S. Park, Imogene C. Petersen,
and Mary V. Pitts.
Business income—KENNETH A. PETRICK. Corporate profits
—Willie J. Abney, Dorothy G. Collins, Jerry L. Stone. Nonfarm
proprietors* income—Mary E. Joyce, Kwok Y. Leung.
Capital consumption allowances and adjustments—John C. Musgrave, Gerald Silverstein, Kathryn A. Comins.
Industry product—DONALD
P. ELDRIDGE, Sherlene K. S.
Lum, Vesta Jones, Susan P. Den Herder, Jack T. Gottsegen,
Marilyn E. Baker.
Computer services—Norman E. Bakka, Greg Key.
Secretarial—Eunice V. Blue, Linda M. Brown, Esther M. Carter,
Getty B. Mumford, Lula M. Thompson, Dorothy A. Wilson,
Teresa A. Williams.

DEFINITIONS AND CLASSIFICATIONS UNDERLYING
THE NATIONAL INCOME AND PRODUCT ACCOUNTS

Definitions of National Income and Product
Accounts Entries

Income and product aggregates are defined below, and their
definitions are amplified by definitions of their major components.
Aspects of the aggregates and their major components that are not
apparent from their titles are emphasized.
The definitions are presented in the framework of the five-account
summary of the national income and product accounts (NIPA's)
shown in table A, pages xvi and xvii). Each entry has a counterentry, generally in another account. The parenthetical numbers that
follow an entry in table A identify the counterentry by account and
line number.
With the exception of major income and product aggregates,
entries are usually defined in the sequence in which they appear in
the five-account summary. Their definition is not repeated when
the counterentries appear, but a cross-reference is made to the place
of their first appearance. The definitions of GNP, national income,
and some other production aggregates can be found in the first two
sections, which define the entries in the national income and product
(NIP) account. Definitions of personal income and disposable
personal income can be found in the section that defines the
entries in the personal income and outlay account.
IVfP account: gross national

product

GNP is the market value of the goods and services produced by
labor and property supplied by residents of the United States, before deduction of depreciation charges and other allowances for
business and institutional consumption of fixed capital goods and
after deduction of products charged to expense by business. GNP
consists of the purchases of goods and services by persons and
government, gross private domestic investment (including the
change in business inventories), and net exports (exports less
imports).
Personal consumption expenditures (1-27) is goods and services
purchased by individuals, operating expenses of nonprofit institutions serving individuals, and the value of food, fuel, clothing, rent
of dwellings, and financial services received in kind by individuals.
Net purchases of used goods are also included. All private purchases of residential structures are classified as gross private
domestic investment.




Gross private domestic investment (1-31) is fixed capital goods
purchased by private business and nonprofit institutions, and the
value of the change in the physical volume of inventories held by
private business. The former include private purchases of new
residential structures whether purchased for tenant or owner occupancy. Net purchases of used goods are also included.
Net exports of goods and services (1-39) and 1-40) is exports
less imports of goods and services. Exports are part of national
production. Imports are not, but are included in the components of
GNP, and are therefore deducted. There are differences between
the NIPA measures of exports and imports and those in the
detailed balance of payments accounts.
Government purchases of goods and services (1-41) is the compensation of government employees and purchases from business
and from abroad. It excludes transfer payments, interest paid by
government, and subsidies. It includes gross investment by government enterprises, but excludes their current outlays. It includes
net purchases of used goods and excludes sales and purchases of
land and financial assets.
NIP account: charges against gross national

product

Charges against GNP is the costs incurred and the profits earned
in the production of GNP. Accordingly, it equals GNP, except for
the statistical discrepancy. These charges are arranged in two
groups. The first of these—compensation of employees, proprietors'
income, rental income of persons, corporate profits, and net interest
—are factor charges, because they represent the incomes of the
factors of production (labor and property). The total of factor
incomes is called the national income. The second group consists
of nonfactor charges. Addition of business transfers, indirect
business taxes, and current surplus of government enterprises less
subsidies—which are included in this group—to national income
yields, in principle, charges against net national product (and
net national product). Addition of capital consumption—the
remaining item in the nonfactor cost group—to charges against net
national product yields, in principle, charges against GNP (and
GNP). In practice, measurement errors result in a statistical discrepancy, which is entered between national income and charges
against net national product (NNP) to secure balance between
GNP and the factor and nonfactor charges against it.
The aggregates that have been enumerated so far differ from
each other because of distinctions that are made between market
value and factor cost concepts, and gross and net concepts. GNP

as derived above is a gross market value measure; national income
is a net factor cost measure; and net national product is a net
market value measure. One further basic distinction can be made
in defining the value of production. This is the distinction between
domestic measures and national measures. The former denote the
production attributable to labor and property located in a country;
the latter denote the production attributable to labor and property
supplied by residents of a country. The national measures exceed
the domestic measures by the net inflow of labor and property
incomes from abroad.
In principle, eight measures of production can be derived from
these three distinctions. Three of them are included in table A;
three additional ones are included in more detailed presentations
of the NIPA tables. GNP has already been defined. Definitions of
the others that are estimated follow. Gross domestic product is the
gross market value of the goods and services attributable to labor
and property located in the United States. It equals GNP less the
net inflow of labor and property incomes from abroad. Net
national product is the net market value of the goods and services
attributable to labor and property supplied by residents of the
United States. Net national product equals GNP less capital consumption, which also is deducted from gross private domestic fixed
investment to express it on a net basis. Net domestic product is the
net market value of the goods and services attributable to labor
and property located in the United States. It equals net national
product less the net inflow of labor and property incomes from
abroad. National income is the income that originates in the
production of goods and services attributable to labor and property
supplied by residents of the United States. Thus, it measures the
factor costs of goods and services produced. Incomes are recorded
in the forms in which they accrue to residents, and are measured
before deduction of taxes on those incomes. They consist of the
compensation of employees, proprietors' income, rental income of
persons, corporate profits, and net interest. Domestic income is the
factor cost of the goods and services attributable to labor and
property located in the United States. It equals national income
less the net inflow of labor and property incomes from abroad.
Compensation of employees is the income accruing to employees
as remuneration for their work. It is the sum of wages and salaries
and supplements to wages and salaries.
Wages and salaries consists of the monetary remuneration of
employees, including the compensation of corporate officers; commissions, tips, and bonuses; and receipts in kind that represent
income to the recipients. It consists of disbursements (1-3) and wage
accruals less disbursements (1-4). Disbursements is wages and
salaries as just defined except that retroactive wages are counted
when paid rather than when earned.
Supplements to wages and salaries consists of employer contributions for social insurance and of other labor income. Employer
contributions for social insurance (1-6) includes employer payments under the following programs: Federal old-age, survivors, disability, and hospital insurance; State unemployment insurance; railroad retirement and unemployment insurance; government retirement; and publicly administered workmen's compensation. Other
labor income (1-7) includes employer contributions to private
pension and welfare funds, and directors' fees.
Proprietors' income with inventory valuation and capital consumption adjustments (1-8) is the income, including income in
kind, of proprietorships and partnerships and of producers' coop-




eratives. Interest and dividend income received by proprietors and
rental incomes received by persons who are not primarily engaged
in the real estate business are excluded. The inventory valuation
adjustment is described under corporate profits and the capital
consumption adjustment under capital consumption allowances.
Rental income of persons with capital consumption adjustment
(1-9) is the income of persons from the rental of real property,
except the income of persons primarily engaged in the real estate
business; the imputed net rental income of owner-occupants of
nonfarm dwellings; and the royalties received by persons from
patents, copyrights, and rights to natural resources. The capital
consumption adjustment is described under capital consumption
allowances.
Corporate profits with inventory valuation and capital consumption adjustments is the income of corporations organized for profit
and of mutual financial institutions that accrues to residents, measured before profits taxes, before deduction of depletion charges,
after exclusion of capital gains and losses, and net of dividends
received from domestic corporations. Corporate profits includes
net inflows from abroad of dividends, reinvested earnings of incorporated foreign affiliates of direct investors, and earnings of unincorporated foreign affiliates. In other major respects, profits are
defined as in Federal income tax regulations. The capital consumption adjustment is described under capital consumption allowances.
Profits before tax is corporate profits without inventory valuation
and capital consumption adjustments.
Profits tax liability (1-12) is Federal, State, and local taxes on
corporate income.
Profits after tax is profits before tax less profits tax liability.
Dividends (1-14) is payments in cash or other assets, excluding
stock, by corporations organized for profit to noncorporate stockholders who are U.S. residents. Dividends paid to State and local
government social insurance funds are included. Undistributed
profits (1-15) is corporate profits before tax less corporate profits
tax liability and less dividends. It may also be viewed as the sum
of purchases of fixed capital assets, the change in the book value
of corporate inventories, and the net acquisition of financial assets,
less the sum of capital consumption allowances, net borrowing, and
net stock issues.
Inventory valuation adjustment (1-16) is the change in the
business inventories component of GNP, which is measured as
the change in the physical volume of inventories valued in prices
of the current period, less the change in the value of inventories
reported by business (book value). The inventory valuation adjustment converts inventories at historical cost, the valuation concept
generally underlying business accounting, to replacement cost, the
concept underlying the NIPA's. It is required only for nonfarm
inventories; the change in farm inventories is estimated directly. To
make the measurement of charges against GNP consistent with
GNP, an inventory valuation adjustment must be applied to
reported corporate profits and proprietors' income.
Net interest (1-18) is interest paid by business less interest
received by it, plus net interest received from abroad. Interest payments on mortgage and home improvement loans are counted as
interest paid by business, because homeowners are treated as
businesses in the NIPA's. In addition to monetary interest flows, net
interest includes flows of interest in kind (imputed interest). The
latter have their counterparts in service charges, which are included
in personal consumption expenditures and in government purchases.

Business transfer payments (1-20) is payments to persons for
which the latter do not perform current services. They include
liability payments for personal injury, corporate gifts to nonprofit
institutions, and consumer bad debts—i.e., defaults by consumers
on debts owed to business. Most of personal consumption expenditures is stated before deduction of these bad debts; corporate profits
and proprietors' income are stated after allowance for bad debts.
Because consumer bad debts are written off without a current
service being performed in return, they are classified as transfer
payments.
Indirect business tax and nontax liability (1-21) consists of tax
liabilities (except employer contributions for social insurance) that
are chargeable to business expense in the calculation of profit-type
incomes, and of certain other business liabilities to government
agencies (except government enterprises) that it is convenient to
treat like taxes. Indirect business taxes include sales, excise, and
property taxes, and the windfall profit tax on crude oil production.
Taxes on corporate income are excluded; these taxes cannot be
calculated until profits are known, and in that sense, are not a
business expense. Nontaxes includes regulatory and inspection fees,
special assessments, fines and penalties, rents and royalties, and
donations. Nontaxes generally excludes business purchases from
government of goods and services that are similar to business
purchases of intermediate products from other businesses. Government receipts from the sale of such products are netted against
government purchases so that they do not appear in GNP and
other measures of production.
Subsidies less current surplus of government enterprises (1-22).
Subsidies is the monetary grants paid by government to business,
including government enterprises at another level of government.
The current surplus of government enterprises is their sales receipts
less their current outlays. In the calculation of their current surplus,
no deduction is made for depreciation charges and net interest paid.
Subsidies and current surplus are often combined because deficits
incurred by government enterprises may result from selling goods
to businesses at lower than market prices in lieu of giving them
subsidies. This is also the major reason for not counting the current
surplus of government enterprises as a profit-type income and,
accordingly, as part of factor charges.
Statistical discrepancy (1-23) is GNP less charges against GNP
other than the statistical discrepancy. It arises because GNP and
charges against GNP are estimated independently by methodologies
that are subject to error.
Capital consumption allowances with capital consumption adjustment (1-25) is an estimate of capital consumption based on the
use of uniform service lives, straight-line depreciation, and replacement cost. For nonprofit institutions serving individuals, it is the
value of the current services of the fixed capital assets owned and
used by these institutions; it is included in personal consumption
expenditures. Capital consumption allowances consists of depreciation charges and accidental damage to fixed business capital. For
nonfarm business, they are as reported on Federal income tax
returns. For farms, nonprofit institutions, and owner-occupied
houses, they are calculated by BEA based on the use of uniform
service lives, straight-line depreciation, and historical cost. Capital
consumption adjustment (1-17) for corporations is the tax-return
based capital consumption allowances less the estimate of capital
consumption allowances with capital consumption adjustment. Similar adjustments are calculated for proprietors' income, rental income
of persons, and nonprofit institutions serving individuals.




Personal income and outlay

account

Personal income is the income received by persons from all
sources, that is, from participation in production, from transfer
payments from government and business, and from government
interest, which is treated like a transfer payment. Persons consist
of individuals, nonprofit institutions, private noninsured welfare
funds, and private trust funds. Proprietors' income is treated in its
entirety as received by individuals. Life insurance carriers and
private noninsured pension funds are not counted as persons, but
their saving is credited to persons. Personal income is the sum of
wage and salary disbursements, other labor income, proprietors'
income with inventory valuation and capital consumption adjustments, rental income of persons with capital consumption adjustment, personal dividend income, personal interest income, and
transfer payments, less personal contributions for social insurance.
Disposable personal income is personal income less personal
tax and nontax payments. It is the income available to persons
for spending or saving.
Wage and salary disbursements (see 1-3).
Other labor income (see 1-7).
Proprietors* income with inventory valuation and capital consumption adjustments (see 1-8).
Rental income of persons with capital consumption adjustment
(see 1-9).
Personal dividend income is the dividend income of persons from
all sources. It equals dividends (see 1-14) less dividends received
by government (2-13). Dividends received by government consists
of dividends received by State and local government social insurance
funds.
Personal interest income is the interest income of persons from all
sources. It equals net interest (see 1-18), plus interest paid by
government to persons and business (2-16) less interest received
by government (2-17) plus interest paid by consumers to business
(2-18). The last item consists only of interest paid by individuals
in their capacity as consumers.
Transfer payments to persons is income payments to persons,
generally in monetary form, for which they do not render current
services. It consists of business transfer payments (see 1-20) and
government transfer payments (2-21). Government transfer payments include payments under the following programs: Federal oldage, survivors, disability, and hospital insurance; supplementary
medical insurance; State unemployment insurance; railroad retirement and unemployment insurance; government retirement; workmen's compensation; veterans, including veterans life insurance;
food stamp; black lung; supplemental security income; and direct
relief. Government payments to nonprofit institutions, other than
for work under research and development contracts, is also
included.
Personal contributions for social insurance (2-22) includes payments by employees, self-employed, and other individuals who
participate in the following programs: Federal old-age, survivors,
disability, and hospital insurance; supplementary medical insurance;
State unemployment insurance; railroad retirement insurance;
government retirement; and veterans life insurance.
Personal tax and nontax payments (2-1) is tax payments (net of
refunds) by persons (except personal contributions for social
insurance) that are not chargeable to business expense, and of

certain other personal payments to government agencies (except
government enterprises) that it is convenient to treat like taxes.
Personal taxes include income, estate and gift, and personal property
taxes. Nontaxes includes passport fees, fines and penalties, donations, and tuitions and fees paid to schools and hospitals operated
mainly by government.

below), less imports of goods and services by the United States,
transfer payments to foreigners (net), and U.S. Government interest
paid to foreigners. It may also be viewed as the acquisition of
foreign assets by U.S. residents less the acquisition of U.S. assets
by foreign residents. It includes the statistical discrepancy in the
detailed balance of payment accounts.

Personal outlays is the sum of personal consumption expenditures
(see 1-27), interest paid by consumers to business (see 2-18), and
personal transfer payments to foreigners, net (2-5). The last item
is personal remittances in cash and in kind to abroad less such
remittances from abroad.

Exports of goods and services (see 1-39).
Capital grants received by the United States, net (4-2) is mainly
the allocation of Special Drawing Rights to the United States.

Personal saving (2-6) is personal income less the sum of personal outlays and personal tax and nontax payments. It is the
current saving of individuals (including proprietors), nonprofit
institutions, private noninsured welfare funds, and private trust
funds. Personal saving may also be viewed as the sum of net
acquisition of financial assets (such as cash and deposits, securities,
and the net equity of individuals in life insurance and in private
noninsured pension funds) and physical assets less the sum of net
borrowing and of capital consumption allowances with capital
consumption adjustment.

Gross saving and investment

Government

receipts and expenditures

account

Personal tax and nontax payments (see 2-1).
Corporate profits tax liability (see 1-12).
Indirect business tax and nontax liability (see 1-21).
Contributions for social insurance (see 1-6 and 2-22).
Purchases of goods and services (see l-4'l).
Transfer payments is transfer payments to persons (see 2-21)
and transfer payments to foreigners, net (3-4). The latter is U.S.
Government nonmilitary grants to foreign governments in cash
and in kind, and U.S. Government transfer payments, mainly retirement benefits, to former residents of the United States.
Net interest paid by government less interest received by government (see 2-17). The former is interest paid to persons and
business (see 2-16) and interest paid to foreigners (3-8). Interest
paid to foreigners is interest paid by the U.S. Government to
foreign businesses, governments, and persons.
Dividends received by government (see 2-13).
Subsidies less current surplus of government enterprises (see
1-22).
Wage accruals less disbursements (see 1-4).
Surplus or deficit (—), national income and product accounts
(3-13) is the sum of government receipts (lines 16, 17, 18, and 19
of account 3) less the sum of government expenditures (lines 1, 2,
5, 10, 11, and 12 of account 3). It may also be viewed as the net
acquisition of financial assets by government and government enterprises, and net government purchases of land and of rights to
Government-owned land including oil resources.

Foreign transactions

account

Imports of goods and services (see 1-40).
Transfer payments to foreigners (see 2-5 and 3-4).
Interest paid by government to foreigners (see 3-8).
Net foreign investment (4-8) is U.S. exports of goods and services and capital grants received by the United States, net (see




account

Personal saving (see 2-6).
Wage accruals less disbursements (see 1-4).
Undistributed corporate profits with inventory valuation and
capital consumption adjustments (see 1-15, 1-16, and 1-17).
Capital consumption allowances with capital consumption adjustment (see 1-25).
Government surplus or deficit (—national
income and product
accounts (see 3-13).
Capital grants received by the United States, net (see 4-2).
Statistical discrepancy (see 1-23).
Gross private domestic investment (see 1-31).
Net foreign investment (see 4-8).

Constant-dollar Estimates and Price Indexes

The tables in this report contain estimates in current dollars, in
constant dollars, and of associated price indexes. Current-dollar
estimates are provided for the income and product flows that underlie the five-account summary of the NIPA's (table A, pages xvi
and xvii). Constant-dollar or "real" estimates—i.e., estimates from
which price change has been removed—are provided for measures
that can be expressed in terms of products. These include GNP and
its components, NNP and national income, and GNP by industry.
For these estimates, each component is valued at its price in a
base (valuation) period—in this report, the year 1972. Statistically,
constant-dollar estimates are obtained by dividing the most detailed
current-dollar components by appropriate price indexes, with
1972=100. In a few cases, they are obtained by extrapolating the
current-dollar estimates in 1972 by physical quantity measures.
The associated price indexes are the implicit price deflator, the
fixed-weighted price index, and the chain price index. The implicit
price deflator is the ratio of a current-dollar estimate to the corresponding constant-dollar estimate, and represents a weighted
average of component price indexes used to obtain the constantdollar estimates where the weights are proportional to the composition of the constant-dollar product in each period. Accordingly,
changes in an implicit price deflator reflect both changes in
prices and changes in composition, i.e., changes in implicit price
deflators are not pure measures of price change. The fixed-weighted
price index uses weights that are proportional to the composition
of product in 1972. Accordingly, changes in it reflect only changes
in prices. The chain price index uses weights proportional to the
composition of product in the prior period. Accordingly, changes
in it from the prior period reflect only changes in prices, but
comparisons of changes reflect also changes in composition.




Classifications of Production

Sector

In addition to the breakdowns of GNP, NNP, and national
income that appear in the five-account summary of the NIPA's
(table A), these measures of production also are shown in the
tables of this report for each of the four sectors of the economy—
rest of the world, business, households and institutions, and government. The production of each of these sectors is defined below.
Rest-of-the-world: production abroad that is attributable to factors of production supplied by U.S. residents less the production
in the United States attributable to factors of production supplied
by foreign residents. Production is measured by the net inflow of
labor and property incomes.
Business: production in the United States by all entities that produce goods and services for sale at a price intended at least to
approximate costs of production plus certain other entities treated
as businesses in the NIPA's. In the main, it covers the production
of corporate and noncorporate private entities organized for profit.
Mutual financial institutions, private noninsured pension funds,
cooperatives, nonprofit organizations (i.e., entities determined to
be nonprofit by the Internal Revenue Service (IRS) for purposes
of determining income tax liability) that primarily serve business,
Federal Reserve banks, federally sponsored credit agencies, and
government enterprises are also included. Owner-occupied housing
as well as buildings and equipment owned and used by nonprofit
institutions that primarily serve individuals are treated as business
entities selling their current services to their owners. Production
of the business sector can be measured either in terms of the net
value of the goods and services business produces in the United
States or in terms of the costs incurred and profits earned by business from production in the United States.
Households and institutions: production in the United States by
households, consisting of families and unrelated individuals, and by
nonprofit institutions serving individuals. Production is measured
by the compensation of the employees of these entities.
Government: production by all Federal and State and local government agencies except government enterprises. Production is
measured by the compensation of the employees of these agencies.

Legal form of

organization

For the business sector, charges against GNP and its components
are shown in the tables of this report for four legal forms of
organizations—corporations, sole proprietorships and partnerships,
other private business, and government enterprises. The entities
whose production is included in each of these legal forms are
specified below.

Corporate business: domestic activities of all entities required to
file Federal corporate income tax returns; mutual financial institutions; private noninsured pension funds; cooperatives subject to
Federal income taxes; nonprofit organizations that primarily serve
business; Federal Reserve banks; and Federally sponsored credit
agencies.
Sole proprietorships: all entities that would be required to file
IRS Schedule C (Profit or Loss from Business or Profession) or
Schedule F (Farm Income and Expenses) if the proprietor met the
filing requirement, together with farm housing. Partnerships: all
entities required to file Federal partnership income tax returns.
Other private business: all entities required to report rent and
royalty income on the individual income tax return in IRS Schedule
E (Supplemental Income Schedule) if the individual met the filing
requirement; tax-exempt cooperatives; owner-occupied nonfarm
housing; and buildings and equipment owned and used by nonprofit
institutions serving individuals.
Government enterprises; government agencies for which operating costs usually are more than one-half covered by the sale of
goods and services to the public. Interest paid and interest received
are excluded from costs and sales, respectively, in classifying the
agencies.

Industry

Industrial distributions are presented for GNP, national income
and its components, capital consumption allowances, employment
and hours, and changes in the stock of business inventories. The
classification underlying the distributions of private activities is
based on the Standard Industrial Classification (SIC). 1 The estimates of gross product orginating by industry are based on the
1972 SIC beginning with 1947; all other distributions are based on
the 1972 SIC beginning with 1948 and the 1942 SIC prior to 1948.
For selected series, distributions for 1948 are shown on both the
1942 and 1972 SIC. Industrial distributions of government activities
are not provided; instead they are combined into a single category.
For most series, separate estimates are shown for Federal and for
State and local government activities and also for the activities of
government enterprises.
The industrial distributions for private activities are based on data
collected either from "establishments" or from "companies" (also
called enterprises or firms). Establishments, as defined for purposes
of the SIC, are economic units, generally at a single physical location where business is conducted or where services or industrial
operations are performed. Companies consist of one or more
establishments owned by the same legal entity or group of affiliated
entities. Establishments are classified into an SIC industry on the

1. See Standard

Industrial

Classification

Manual:

Industrial

Classification

Manual:

1942, Executive Office of the Presi-

dent, Bureau of the Budget (Washington, D.C.: U.S. GPO, 1942).




For the NIPA series, industrial distributions on a consistent
establishment or company basis are not available. For the following
series, the industrial distribution is based on establishment data:
compensation of employees, employment, hours, inventories, rental
income of persons, farm proprietors' income, farm net interest, and
farm capital consumption allowances. For nonfarm proprietors and
partnerships, industrial distributions of proprietors' income, net
interest, and capital consumption allowances are based on company
data but are regarded as being substantially the same as if they
were based on establishment data because nearly all unincorporated
companies own only a single establishment, and the few multiestablishment companies usually own establishments in the same
SIC industry. For corporations, industrial distributions of profits,
nonfarm net interest, and nonfarm capital consumption allowances
are based on company data.
As a result, the industrial distribution of national income reflects
a mix of establishment and company data. For the industrial distribution of GNP, however, special estimates of corporate profits
and corporate capital consumption allowances are prepared that
approximate an establishment basis; therefore, except for corporate
net interest, industry GNP is considered to be based on establishment data.3
In addition to the establishment-company data problems, individual industry series presented in this report are not fully comparable over time. Historical comparability is affected primarily by
two factors. First, in some instances information was lacking to
permit BEA to make accurate adjustments to conform the estimates to the 1972 SIC. Second, the industrial classification of the
same establishment or company may change over time.
Estimates based on establishment data as well as those based
on company data are affected by the first factor. The second affects
company-based estimates much more than establishment-based
estimates. The classification of a company is subject to change due
to (1) shifts in the level of consolidation of entities for which
company reports are filed; (2) mergers and acquisitions; and (3)
other shifts in principal activities, especially for large diversified
firms. For example, the level of consolidation used by corporations
in filing their Federal income tax returns was significantly altered
in the 1930's and 1940's. Affiliated corporations were allowed to

1972, Executive Office of the

President, Office of Management and Budget, (Washington, D.C.: U.S. GPO, 1972);
and Standard

basis of their principal product or service, and companies are
classified into an SIC industry on the basis of the principal SIC
industry of all their establishments. Because large multi-establishment companies typically own establishments that are classified in
different SIC industries, industrial distributions of the same item for
establishments and companies can be significantly different. For
example, employment of steel manufacturing companies differs
from employment of steel manufacturing establishments, because
the former includes employment of establishments that are not
classified as manufacturing steel, and excludes employment of
establishments that manufacture steel but are not owned by steel
manufacturing companies.

2. The special estimates are available upon request from the National Income and
Wealth Division (BE-54), Bureau of Economic Analysis, U.S. Department of
Commerce, Washington, D.C. 20230.

file consolidated returns from 1929 to 1933 and again in 1942 and
subsequent years, but not in the intervening period. As a result,
from 1934 to 1941 the company consisted only of individual corporations; in the other years, the company consisted of either an
individual corporation or a grouping of affiliated corporations.
Changes in the level of consolidation used by corporations in filing
these returns affect the industrial distribution of corporate profits,
net interest, and capital consumption allowances, which are derived
primarily from tabulations of corporate tax returns.
In addition to industrial distributions of private activities based
directly on the SIC, some NIPA tables show the following special
SIC groupings:
Financial industries consists of the following SIC industries:
Banking; credit agencies other than banks; security and commodity




brokers, dealers, and services; insurance carriers; regulated investment companies; small business investment companies; and real
estate investment trusts.
Nonfinancial industries consists of other industries in the finance,
insurance, and real estate division and all the other SIC divisions.
Commodity-producing industries consists of the following SIC
divisions: agriculture, forestry, and fisheries; mining; construction;
and manufacturing.
Distributive industries consists of the following SIC divisions:
transportation and public utilities, excluding the U.S. Postal Service;
wholesale trade; and retail trade.
Service industries consists of the rest of the world sector and the
following SIC divisions: finance, insurance, and real estate; and
services.

£

1.

/ *

;

/

1

4

NfC?
^ o

^
'tM

TABLE A.—SUMMARY NATIONAL INCOME AND
PRODUCT ACCOUNTS, 1976
[Billions of dollars]
Account 1.—National Income and Product Account
Line
Compensation of employees
Wages and salaries
Disbursements (2-7)
Wage accruals less disbursements (3-12) and (54)
Supplements to wages and salaries
Employer contributions for social insurance (3-20)
Other labor income (2-8)

1,036.3
889.9
889.9
0
146.4
70.5
75.9

Proprietors' income with inventory valuation and capital
consumption adjustments (2-9)

94.1

Rental income of persons with capital consumption adjustment (2-10)

23.5

Corporate profits with inventory valuation and capital
consumption adjustments
Profits before tax
Profits tax liability (3-17)
Profits after tax
Dividends (2-12)
Undistributed profits (5-6)
Inventory valuation adjustment (5-7)
Capital consumption adjustment (5-8)

138.1
166.3
63.8
102.5
37.4
65.1
—14.7
—13.5

Net interest (2-15)

27
28
29
30

Personal consumption expenditures (2-3)
Durable goods
Nondurable goods
Services

1,084.3
156.8
441.7
485.7

31
32
33
34
35
36
37

Gross private domestic investment (5-1)
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business inventories

257.9
246.0
174.1
58.8
115.3
72.0
11.8

38
39
40

Net exports of goods and services
Exports (4-1)
Imports (4-3)

13.8
170.9
157.1

41
42
43
44
45

Government purchases of goods and services (3-1)
Federal
National defense
Nondefense
State and local

362.1
129.2
86.0
43.2
232.9

87.2

National income

1,379.2

Business transfer payments (2-20)
Indirect business tax and nontax liability (3-18)
Less: Subsidies less current surplus of government
enterprises (3-11)

7.9
151.7
1.0

Charges against net national product

1,537.8

Capital consumption allowances with capital consumption
adjustment (5-9)

175.0

Charges against gross national product
Statistical discrepancy (5-12)

1,712.8
5.1

GROSS NATIONAL PRODUCT

1,718.0

GROSS NATIONAL PRODUCT

1,718.0

Account 2.—Personal Income and Outlay Account
889.9

7

Wage and salary disbursements (1-3)

8

Other labor income (1-7)

9

Proprietors' income with inventory valuation and capital
consumption adjustments (1-8)

94.1

82.5

10

Rental income of persons with capital consumption adjustment (1-9)

23.5

Personal dividend income
Dividends (1-14)
Less: Dividends received by government (3-10)

36.5
37.4
.
8

14
15

Personal interest income
Net interest (1-18)
Interest paid by government to persons and business (3-7)
Less-. Interest received by government (3-9)
Interest paid by consumers to business (2-4)

132.5
87.2
40.1
21.5
26.7

21

Transfer payments to persons
From business (1-20)
From government (3-3)

194.3
7.9
186.4

22

Personal saving (5-3)

196.8
1,111.9
1,084.3
26.7
9

11
12
13

Personal tax and nontax payments (3-16)
Personal outlays
Personal consumption expenditures (1-27)
Interest paid by consumers to business (2-18)
Personal transfer payments to foreigners (net) (4-5)

Less: Personal contributions for social insurance (3-21)

16
17
18
19

20

PERSONAL TAXES, OUTLAYS, AND SAVINGS




1,391.2

PERSONAL INCOME

75.9

55.5
1,391.2

Table A.—Summary National Income and Product Accounts, 1976—Continued
[Billions of dollars]
Account 3.—Government Receipts and Expenditures Account
Line
Purchases of goods and services (1-40)

362.1

16

Personal tax and nontax payments (2-1)

Transfer payments
To persons (2-21)
To foreigners (net) (4-6)

189.6
186.4
3.2

17

Corporate profits tax liability (1-12)

18

Indirect business tax and nontax liability (1-21)

151.7

19

Contributions for social insurance
Employer (1-6)
Personal (2-22)

126.0
70.5
55.5

GOVERNMENT RECEIPTS

536.4

Net interest paid
Interest paid
To persons and business (2-16)
To foreigners (4-7)
Less: Interest received by government (2-17)

23.1
44.7
40.1
4.5
21.5

Less: Dividends received by government (2-13)

20

21

196.8
63.8

.8

Subsidies less current surplus of government enterprises (1-22) ..
Less: Wage accruals less disbursements (1-4)

1.0
0

Surplus or deficit (—), national income and product accounts (5-10) —36.5
Federal
—53.1
State and local
16.7
GOVERNMENT EXPENDITURES AND SURPLUS

538.4

Account 4.—Foreign Transactions Account
Exports of goods and services (1-39)

Imports of goods and services (1-40)

170.9

157.1

170.9

4.5
5.1

PAYMENTS TO FOREIGNERS

0

4.1
9
3.2

Net foreign investment (5-2)
RECEIPTS FROM FOREIGNERS

Transfer payments to foreigners (net)
From persons (net) (2-5)
From government (net) )3-4)
Interest paid by government to foreigners (3-8)

Capital grants received by the United States (net) (5-11)

170.9

Account 5 —Gross Saving and Investment Account
Gross private domestic investment (1-39)
Net foreign investment (4-8)

257.9

3

Personal saving (2-6)

5.1

4

Wage accruals less disbursements (1-4)

5

1
2

Undistributed corporate profits with inventory valuation

6
7
8

and capital consumption adjustments
Undistributed corporate profits (1-15)
Inventory valuation adjustment (1-16)
Capital consumption adjustment (1-17)

82.5
0
36.9
65.1
—14.7
—13.5

9

Government surplus or deficit (—), national income and
product accounts (3-13)

—36.5

11

Capital grants received by the United States (net) (4-2)

12
263.0

175.0

10

GROSS INVESTMENT

Capital consumption allowances with capital consumption
adjustment (1-25)

Statistical discrepancy (1-26)
GROSS SAVING AND STATISTICAL DISCREPANCY

0
5.1
263.0

Note.-—Numbers in parentheses indicate accounts and items of counterentry in the accounts. For example, the counterentry for wage and salary disbursements,
(2-7), is in account 2, line 7.




NATIONAL INCOME AND PRODUCT ACCOUNTS TABLES

i

1. National Product and Income
Table 1.1.—Gross National Product: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-76
[Millions of dollars]
1933

1934

1935

1936

1937

1938

1939

1940

1941

1942

1943

1944

58,280

55,818

65,291

72,494

82,743

90,879

85,012

90,927

100,018

125,038

158,452

192,130

210,638

48,591

45,811

51,344

55,764

61,996

66,621

64,032

66,968

70,979

80,765

88,592

99,407

108,151

5,483
28,956
26,043

3,641
22,741
22,209

3,464
22,257
20,090

4,219
26,691
20,434

5,122
29,322
21,320

6,325
32,857
22,814

6,938
35,224
24,459

5,683
33,953
24,396

6,684
35,116
25,168

7,774
37,017
26,188

9,669
42,853
28,243

6,865
50,753
30,974

6,537
58,597
34,273

6,694
64,348
37,109

10,249

5,620

965

1,406

3,328

6,400

8,465

11,770

6,478

9,250

13,125

17,887

9,893

5,776

7,159

14,483
10,610
5,118
5,492

10,601
8,325
4,145
4,180

6,768
5,031
2,388
2,643

3,445
2,705
1,245
1,460

2,970
2,390
954
1,436

4,063
3,177
1,079
2,098

5,326
4,099
1,266
2,833

7,205
5,565
1,684
3,881

9,228
7,264
2,494
4,770

7,392
5,347
1,946
3,401

8,839
5,894
2,011
3,883

10,942
7,512
2,345
5,167

13,418
9,433
2,990
6,443

8,142
5,983
1,918
4,065

6,406
5,023
1,352
3,671

8,144
6,859
1,857
5,002

11
12
13
14

3,873
3,620
175
78

2,276
2,078
131
67

1,737
1,602
78
57

740
667
38
35

580
497
43
40

886
783
52
51

1,227
1,087
80
60

1,640
1,471
97
72

1,964
1,755
126
83

2,045
1,874
101
70

2,945
2,733
135
77

3,430
3,160
183
87

3,985
3,641
231
113

2,159
1,902
175
82

1,383
1,188
160
35

1,285
1,116
145
24

15
16
17

1,714
1,836
-122

-352
-83
-269

-1,148
-1,608
460

-2,480
-2,590
110

-1,564
-1,370
-194

-735
195
-930

1,074
376
698

1,260
2,066
-806

2,542
1,726
816

-914
-1,046
132

411
316
95

2,183
1,902
281

4,469
4,049
420

1,751
652
1,099

-630
-577
-53

-985
-575
-410

1929

1930

1931

1932

. 1

103,420

90,700

76,073

consumption expendi- 2

77,251

69,916

60,482

3
4
. 5

9,243
37,686
30,322

7,166
34,022
28,728

invest- 6

16,197

7
8
9
10

Line
Gross national product
Personal
tures.

Durable goods
Nondurable goods
Services
Gross private domestic
ment.

Fixed investment
Nonresidential
Structures
Producers' durable equipment.
Residential
Nonfarm structures....
Farm structures
Producers' durable equipment.
Change in business inventories.
Nonfarm
Farm

. 18

1,149

1,032

516

407

358

601

128

115

447

1,345

1,206

1,757

1,455

166

-1,906

-1,688

19
20

7,035
5,886

5,448
4,416

3,641
3,125

2,474
2,067

2,402
2,044

2,975
2,374

3,265
3,137

3,539
3,424

4,703
4,256

4,390
3,045

4,572
3,366

5,398
3,641

6,106
4,651

4,975
4,809

4,592
6,498

5,471
7,159

Government purchases of goods 21
and services.

8,823

9,503

9,455

8,317

8,243

10,018

10,202

12,167

12,041

13,157

13,503

14,157

24,931

59,801

88,853

97,016

1,441

1,552

1,613

1,578

2,122

3,123

3,013

5,032

4,737

5,480

7,382

7,951

7,842

6,739

6,121

6,895

7,189

7,135

7,304

7,677

5,176
1,235
3,941
8,327

6,077
2,197
3,880
8,080

16,947
13,740
3,207
7,984

51,984
49,360
2,624
7,817

81,349
79,741
1,608
7,504

89,390
87,432
1,958
7,626

1957

1958

1959

1960

Exports
Imports

Federal
National defense
Nondefense
State and local

22
23
24
25

Line

1945

1946

1947

1948

1949

1950

1951

1952

1953

1954

1955

1956

1

212,444

209,845

233,054

259,504

258,316

286,457

330,765

347,967

366,792

366,847

400,042

421,699

443,959

449,670

487,902

506,512

expendi- 2

119,493

143,808

161,742

174,749

178,135

191,966

207,066

217,093

229,665

235,842

253,666

266,008

280,409

289,461

310,773

324,907

3
4
5

7,961
71,903
39,629

15,756
82,728
45,324

20.431
90,879
50.432

22,855
96,582
55,312

25,047
94,855
58,233

30,754
98,226
62,986

29,814
108,773
68,479

29,148
113,899
74,046

32,499
116,530
80,636

31,840
117,952
86,050

38,621
122,933
92,112

37,888
128,900
99,220

39,334
135,154
105,921

36,846
139,790
112,825

42,438
146,448
121,887

43,110
151,118
130,679

6

10,620

30,651

33,952

45,855

35,277

53,815

59,180

52,109

53,349

52,715

68,377

71,022

69,188

61,916

78,128

75,882

7
8
9
10

11,654
10,113
2,828
7,285

24,272
16,862
6,917
9,945

34,414
22,970
7,654
15,316

41,147
26.279
8,999
17.280

38,352
24,403
8,671
15,732

47,026
27,251
9,452
17,799

48,884
31,263
11,389
19,874

48,976
31,322
11,628
19,694

52,902
34,474
12,943
21,531

54,258
34,170
13,358
20,812

62,424
38,537
14,649
23,888

66,327
44,010
17,667
26,343

67,853
46,999
18,438
28,561

63,407
42,028
17,152
24,876

72,469
45,918
17,574
28,344

72,931
48,481
18,803
29,678

11
12
13
14

1,541
1,359
138
44

7,410
6,714
519
177

11,444
10,446
697
301

14,868
13,665
873
330

13,949
12,813
837
299

19,775
18,615
785
375

17,621
16,434
816
371

17,654
16,519
767
368

18,428
17,277
765
386

20,088
18,986
711
391

23,887
22,821
634
432

22,317
21,159
700
458

20,854
19,718
681
455

21,379
20,253
650
476

26,551
25,307
674
570

24,450
23,337
584
529

15
16
17

-1,034
-595
-439

6,379
6,350
29

-462
1,298
-1,760

4,708
2,976
1,732

-3,075
-2,209
-866

6,789
6,000
789

10,296
9,057
1,239

3,133
2,146
987

447
1,068
-621

-1,543
-2,129
586

5,953
5,486
467

4,695
5,075
-380

1,335
801
534

-1,491
-2,339
848

5,659
5,745
-86

2,951
2,663
288

. 18

-482

7,838

11,907

6,936

6,512

2,183

4,420

3,183

1.254

2,530

2,993

5,278

7,278

3,253

1,415

5,464

19
20

7,396
7,878

15,114
7,276

20,224
8,317

17,463
10,527

16,295
9,783

14,389
12,206

19,683
15,263

19,127
15,944

17,971
16,717

18,703
16,173

21,007
18,014

25,035
19,757

28,087
20,809

24,231
20,978

24,814
23,399

28,861
23,397

Government purchases of goods 21
and services.

82,813

27,548

25,453

31,964

38,392

38,493

60,099

75,582

82,524

75,760

75,006

79,391

87,084

95,040

97,586

100,259

74,625
73,502
1,123
8,188

17,617
14,789
2,828
9,931

12,698
9,048
3,650
12,755

16,700
10,668
6,032
15,264

20,410
13,187
7,223
17,982

18,724
13,995
4,729
19,769

38,322
33,487
4,835
21,777

52,365
45,838
6,527
23,217

57,530
48,594
8,936
24,994

47,933
41,112
6,821
27,827

44,455
38,446
6,009
30,551

45,902
40,156
5,746
33,489

49,964
44,017
5,947
37,120

53,904
45,565
8,339
41,136

53,890
45,597
8,293
43,696

53,711
44,451
9,260
46,548

Gross national product..
Personal
tures.

consumption

Durable goods
Nondurable goods
Services
Gross private domestic
ment.

invest-

Fixed investment
Nonresidential
Structures
Producers' durable equip
ment.
Residential
Nonfarm structures
Farm structures
Producers' durable equip
ment.
Change in business inventories..
Nonfarm
Farm

Exports
Imports

Federal
National defense
Nondefense
State and local




22
23
24
25

Table 1.1.—Gross National Product: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-76—Continued
[Millions of dollars]
Line

1961

1963

1962

1964

1965

1966

1967

1968

1969

1971

1970

1972

1974

1973

1975

1976

. 1
Personal
tures.

consumption

Durable goods
Nondurable goods
Services
Gross private
ment.

domestic

invest-

Fixed investment
Nonresidential
Structures
Producers' durable equipment.
Residential
Nonfarm structures
Farm structures
Producers' durable equipment.
Change in business inventories.
Nonfarm
Farm

524,554

565,039

596,714

637,719

691,051

755,981

799,585

873,392

943,996

992,734 1,077,619 1,185,923 1,326,396 1,434,220 1,549,212 1,718,018

2

334,997

355,219

374,581

400,497

430,378

465,118

490,262

536,883

581,781

621,721

672,242

737,054

811,964

888,111

976,449 1,084,271

3
4
. 5

expendi-

41,574
155,287
138,136

46,702
161,564
146,953

51,431
167,071
156,079

56,435
176,930
167,132

63,007
188,629
178,742

67,985
204,688
192,445

70,067
212,595
207,600

80,460
230,610
225,813

85,724
247,842
248,215

85,214
265,723
270,784

97,249
278,779
296,214

111,108
300,638
325,308

123,342
333,386
355,236

121,517
373,359
393,235

132,197
407,302
436,950

156,831
441,715
485,725

6

74,778

85,421

90,904

97,356

113,549

125,687

122,826

133,282

149,290

144,211

166,419

195,030

229,787

228,651

206,089

257,867

7
8
9
10

72,456
48,004
19,101
28,903

79,164
52,183
20,128
32,055

84,939
54,842
20,476
34,366

91,736
61,042
22,369
38,673

103,662
72,739
26,980
45,759

111,570
83,058
30,065
52,993

112,494
83,932
30,279
53,653

125,419
90,651
32,409
58,242

139,459
101,250
36,655
64,595

140,992
103,905
38,748
65,157

158,768
107,895
40,478
67,417

184,805
120,993
44,143
76,850

211,308
143,327
50,980
92,347

214,505
156,562
55,904
100,658

213,003
157,737
55,389
102,348

246,044
174,069
58,783
115,286

11
12
13
14

24,452
23,228
703
521

26,981
25,796
645
540

30,097
28,850
655
592

30,694
29,394
672
628

30,923
29,628
608
687

28,512
27,147
673
692

28,562
27,154
697
711

34,768
33,263
639
866

38,209
36,455
744
1,010

37,087
35,386
580
1,121

50,873
48,911
684
1,278

63,812
61,542
734
1,536

67,981
65,568
690
1,723

57,943
54,765
1,333
1,845

55,266
52,384
1,013
1,869

71,975
68,822
1,103
2,050

15
16
17

2,322
2,048
274

6,257
5,518
739

5,965
5,174
791

5,620
6,210
-590

9,887
8,866
1,021

14,117
14,277
-160

10,332
9,597
735

7,863
7,759
104

9,831
9,694
137

3,219
3,110
109

7,651
6,370
1,281

10,225
9,615
610

18,479
15,231
3,248

14,146 -6,914
15,983 -10,456
3,542
-1,837

11,823
13,872
-2,049

. 18

6,623

6,365

7,568

10,056

8,774

6,510

6,309

4,257

4,170

6,657

4,103

739

14,210

13,388

26,782

13,780

19
20

29,936
23,313

31,804
25,439

34,214
26,646

38,825
28,769

41,086
32,312

44,560
38,050

47,310
41,001

52,355
48,098

57,519
53,349

65,670
59,013

68,813
64,710

77,467
76,728

109,593
95,383

146,195
132,807

154,930
128,148

170,876
157,096

Government purchases of goods 21
and services.

108,156

118,034

123,661

129,810

138,350

158,666

180,188

198,970

208,755

220,145

234,855

253,100

270,435

304,070

339,892

362,100

22
23
24
25

57,370
46,995
10,375
50,786

63,738
51,052
12,686
54,296

64,631
50,296
14,335
59,030

65,218
49,048
16,170
64,592

67,268
49,443
17,825
71,082

78,833
60,330
18,503
79,833

90,924
71,462
19,462
89,264

98,019
76,868
21,151
100,951

97,564
76,320
21,244
111,191

95,737
73,565
22,172
124,408

96,190
70,230
25,960
138,665

101,679
73,136
28,543
151,421

101,968
72,837
29,131
168,467

110,993
77,046
33,947
193,077

122,708
82,971
39,737
217,184

129,174
85,964
43,210
232,926

Exports
Imports

Federal
National defense
Nondefense
State and local

[Billions of dollars]
1947

1946
Lane
II

I

consumption

domestic

I

1948

II

III

IV

I

1949

II

III

IV

I

1950

II

III

IV

I

II

III

IV

1

197.7

205.3

215.6

220.7

225.1

229.3

233.6

244.0

250.0

257.5

264.5

265.9

260.5

257.0

258.9

256.8

267.6

277.1

294.8

306.3

134.5

139.6

148.4

152.7

156.0

159.9

163.5

167.6

170.3

174.0

176.9

177.8

176.6

178.2

177.6

180.1

182.9

186.8

200.4

197.8

3
4
5

12.6
78.9
43.0

14.7
80.6
44.4

17.1
85.1
46.2

18.7
86.3
47.7

19.4
87.7
48.8

20.0
90.1
49.9

20.3
92.1
51.1

22.0
93.6
52.0

22.0
95.1
53.2

22.4
97.0
54.6

23.7
97.0
56.2

23.3
97.3
57.2

22.8
96.3
57.5

24.8
95.3
58.1

25.8
93.5
58.3

26.8
94.3
59.0

27.7
94.8
60.3

28.1
96.3
62.3

35.6
100.9
63.9

31.5
100.9
65.4

invest- 6

24.5

31.5

32.6

34.0

32.7

31.6

31.8

39.7

43.3

46.1

47.9

46.1

39.3

32.7

35.7

33.4

43.6

50.5

55.4

65.6

7
8
9
10

18.6
13.1
5.7
7.3

22.7
15.6
7.0
8.6

26.5
18.3
7.5
10.8

29.3
20.5
7.5
13.0

32.3
22.4
7.5
14.9

32.6
22.7
7.5
15.2

34.5
22.8
7.8
15.0

38.3
23.9
7.9
16.1

40.0
25.6
8.2
17.3

41.0
25.5
8.8
16.7

41.8
26.5
9.4
17.1

41.8
27.6
9.6
18.0

39.3
26.0
9.2
16.8

38.0
24.9
8.9
16.1

37.4
23.6
8.4
15.2

38.6
23.1
8.2
14.9

41.2
23.8
8.6
15.1

45.8
26.1
9.0
17.1

50.6
29.1
9.7
19.4

50.6
30.1
10.5
19.6

11
12
13
14

5.6
5.0
.5
.1

7.1
6.4
.5
.2

8.2
7.5
.5
.2

8.8
7.9
.6
.2

9.9
8.9
.6
.3

9.9
9.0
.7
.3

11.7
10.6
.7
.3

14.3
13.2
.8
.3

14.4
13.3
.8
.3

15.5
14.3
.9
.3

15.3
14.1
.9
.3

14.3
13.0
.9
.4

13.3
12.1
.9
.3

13.1
11.9
.8
.3

13.9
12.7
.8
.3

15.6
14.4
.8
.3

17.5
16.4
.8
.3

19.6
18.5
.8
.4

21.5
20.4
.8
.4

20.5
19.2
.8
.4

15
16
17

5.9
6.0
-.1

8.8
8.7
.1

6.1
5.9
.2

4.7
4.8
-.1

.4
1.5
-1.1

-1.0
1.5
-2.5

-2.7
-.3
-2.4

1.4
2.4
-1.0

3.3
2.3
1.0

5.1
2.9
2.2

6.1
3.9
2.2

4.3
2.8
1.5

.0
.6
-.6

-5.3
-4.1
-1.2

-1.7
-.6
-1.1

-5.3
-4.7
-.5

2.4
2.2
.2

4.8
4.2
.6

4.9
3.8
1.1

15.1
13.8
1.2

Durable goods
Nondurable goods
Services
Gross private
ment.

IV

expendi- 2

Gross national product
Personal
tures.

III

Fixed investment
Nonresidential
Structures
Producers' durable equipment.
Residential
Nonfarm structures
Farm structures
Producers' durable equipment.
Change in business inventories
Nonfarm
Farm

Net exports of goods and services .. 18

7.1

8.0

9.1

7.1

11.9

12.4

12.9

10.5

8.7

6.7

6.4

6.0

7.9

7.6

6.5

4.1

3.4

3.0

.9

1.5

19
20

14.0
6.8

15.2
7.3

16.5
7.3

14.8
7.7

19.7
7.9

20.9
8.6

20.9
8.0

19.3
8.8

18.7
10.1

17.2
10.5

17.4
11.0

16.5
10.6

18.0
10.1

17.5
9.9

15.9
9.5

13.8
9.6

13.5
10.1

13.8
10.8

14.5
13.6

15.8
14.3

Government purchases of goods 21
and services.

31.6

26.2

25.5

26.9

24.6

25.4

25.5

26.1

27.7

30.7

33.2

36.0

36.7

38.4

39.1

39.2

37.7

36.9

38.0

41.4

22
23
24
25

22.6
20.4
2.2
8.9

16.8
14.4
2.3
9.4

15.3
12.0
3.3
10.2

15.8
12.3
3.5
11.1

12.6
9.4
3.2
12.0

13.1
8.9
4.2
12.4

12.6
8.6
4.0
12.9

12.6
9.3
3.3
13.6

13.7
9.8
3.9
14.0

15.9
10.3
5.6
14.8

17.6
10.6
7.0
15.7

19.7
12.0
7.7
16.3

19.8
12.7
7.0
16.9

20.7
13.4
7.4
17.7

20.7
13.6
7.0
18.5

20.5
13.1
7.4
18.7

18.6
12.4
6.1
19.1

17.4
12.5
4.9
19.4

18.0
14.1
4.0
20.0

20.9
16.9
3.9
20.5

Exports
Imports

Federal
National defense
Nondefense
State and local




Table 1.1.—Gross National Product: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-76—Continued
[Billions of dollars]

I
Gross national product
Personal
tures.

consumption

domestic

III

II

IV

I

II

1953
III

IV

I

II

1954
III

IV

I

II

1955
III

IV

II

I

III

IV

invest-

Fixed investment
Nonresidential
Structures
Producers' durable equipment.
Residential
Nonfarm structures
Farm structures
Producers' durable equipment.
Change in business inventories....
Nonfarm
Farm

1

320.4

328.3

335.0

339.2

341.9

342.1

347.8

360.0

366.1

369.4

368.4

363.1

362.5

362.3

366.7

375.6

388.2

396.2

404.8

411.0

2

208.3

203.8

206.2

209.9

211.1

215.1

217.2

225.0

228.3

229.9

230.5

230.0

231.9

234.3

236.4

240.8

246.8

251.9

256.0

260.0

3
4
5

expendi-

Durable goods
Nondurable goods
Services
Gross private
ment.

1952

1951

Line

33.8
107.6
66.9

28.9
107.1
67.9

28.3
109.0
69.0

28.3
111.4
70.1

28.9
110.8
71.5

29.0
113.0
73.1

27.3
115.0
74.9

31.4
116.9
76.7

32.9
117.0
78.4

32.8
116.9
80.2

32.5
116.2
81.8

31.9
116.0
82.1

31.2
117.1
83.6

31.8
117.1
85.3

31.3
118.1
87.0

33.0
119.5
88.3

36.2
120.5
90.1

38.6
122.2
91.1

40.3
123.3
92.4

39.4
125.7
94.9

6

60.7

63.9

58.7

53.4

54.1

47.5

51.1

55.7

54.8

56.1

54.2

48.2

49.5

50.4

53.1

57.8

63.5

67.9

70.1

72.0

7
8
9
10

50.2
30.3
10.9
19.4

48.7
31.3
11.6
19.7

48.3
31.9
11.7
20.2

48.3
31.6
11.3
20.2

48.9
31.8
11.4
20.4

49.9
32.3
11.5
20.8

46.8
29.2
11.6
17.7

50.3
31.9
12.0
19.9

52.4
33.7
12.5
21.3

53.0
34.2
12.9
21.3

53.5
35.2
13.1
22.1

52.8
34.8
13.3
21.4

52.1
33.9
13.3
20.6

53.1
33.8
13.3
20.4

55.3
34.5
13.4
21.1

56.6
34.5
13.4
21.1

58.9
35.0
13.8
21.1

61.9
37.4
14.3
23.1

64.0
39.9
14.9
25.0

64.9
41.8
15.6
26.3

11
12
13
14

19.9
18.7
.8
.4

17.4
16.3
.8
.4

16.4
15.2
.8
.4

16.7
15.5
.8
.4

17.1
16.0
.8
.3

17.6
16.4
.8
.4

17.6
16.5
.8
.3

18.4
17.2
.8
.4

18.7
17.5
.8
.4

18.8
17.6
.8
.4

18.2
17.1
.8
.4

18.0
16.9
.8
.4

18.1
17.0
.7
.4

19.4
18.3
.7
.4

20.8
19.7
.7
.4

22.1
21.0
.7
.4

23.9
22.8
.7
.4

24.5
23.4
.6
.4

24.1
23.1
.6
.4

23.1
22.0
.6
.4

15
16
17

10.5
9.3
1.2

15.2
14.0
1.2

10.4
9.1
1.2

5.1
3.8
1.3

5.2
4.0
1.2

-2.3
-3.3
1.0

4.3
3.3
.9

5.4
4.6
.8

2.4
3.0
-.6

3.2
4.1
-.9

.7
1.5
-.8

-4.5
-4.3
-.2

-2.5
-2.8
.2

-2.7
-3.2
.5

-2.2
-2.8
.6

1.3
.2
1.0

4.6
3.8
.8

6.1
5.7
.3

6.0
5.5
.5

7.1
6.8
.3

Net exports of goods and services .. 18

1.7

3.8

5.8

6.4

5.7

4.0

2.0

1.0

1.3

.8

1.3

1.6

1.7

2.3

2.6

3.5

3.6

2.3

3.3

2.9

19
20

17.3
15.6

19.7
15.9

20.7
15.0

21.0
14.7

21.3
15.6

19.3
15.3

17.9
15.9

18.0
17.0

17.8
16.5

18.0
17.1

18.3
17.0

17.8
16.3

17.2
15.5

19.2
16.9

18.7
16.0

19.7
16.2

20.5
16.9

20.2
17.9

21.5
18.3

21.8
18.9

21

49.6

56.7

64.4

69.6

70.9

75.5

77.5

78.3

81.7

82.6

82.4

83.4

79.5

75.4

74.6

73.4

74.3

74.1

75.4

76.2

22
23
24
25

28.7
24.0
4.7
20.9

35.1
30.3
4.8
21.6

42.3
37.7
4.6
22.1

47.2
42.0
5.2
22.4

48.3
42.4
6.0
22.6

52.2
45.6
6.6
23.3

54.3
46.9
7.4
23.1

54.6
48.5
6.1
23.8

57.2
49.1
8.1
24.5

58.1
49.5
8.7
24.4

57.2
48.3
8.9
25.1

57.6
47.5
10.1
25.8

52.8
44.3
8.5
26.7

48.0
41.9
6.1
27.4

46.2
39.8
6.4
28.4

44.8
38.4
6.3
28.7

44.5
38.6
5.9
29.8

43.7
38.1
5.6
30.3

44.7
39.1
5.6
30.7

44.9
38.0
6.9
31.3

I

II

III

IV

I

II

III

IV

I

II

III

IV

I

II

I

II

III

IV

Exports
Imports
Government purchases of goods
and services.
Federal
National defense
Nondefense
State and local

1957

1956

1958

1959

Lane

consumption

expendi-

Durable goods
Nondurable goods
Services
Gross private
ment.

domestic

IV

invest-

Fixed investment
Nonresidential
Structures
Producers' durable equipment.
Residential
Nonfarm structures
Farm structures
Producers' durable equipment.
Change in business inventories....
Nonfarm
Farm

1

412.8

418.4

423.5

432.1

440.2

442.3

449.4

444.0

436.8

440.7

453.9

467.0

477.0

490.6

489.0

495.0

506.9

506.3

508.0

504.8

2

261.4

263.9

266.8

271.9

276.1

278.3

282.8

284.4

284.0

286.8

291.7

295.4

303.5

309.1

314.2

316.2

319.8

325.9

326.0

328.0

3
4
5

Gross national product
Personal
tures.

1960
III

37.6
127.2
96.5

37.6
128.1
98.1

37.3
129.4
100.1

38.9
130.8
102.1

40.0
132.5
103.6

39.5
133.9
104.9

39.1
137.2
106.5

38.8
136.9
108.7

36.8
137.6
109.6

36.0
138.9
111.9

36.7
140.8
114.2

38.0
141.9
115.5

41.2
144.3
117.9

43.0
145.6
120.5

43.9
147.1
123.2

41.6
148.7
125.9

43.0
148.8
128.0

43.9
151.8
130.2

43.4
151.4
131.2

42.2
152.5
133.3

6

70.8

70.4

71.3

71.6

69.8

69.8

71.8

65.4

57.8

56.5

62.5

70.4

74.5

83.0

75.2

79.7

86.0

76.4

74.2

66.9

7
8
9
10

64.8
42.3
16.8
25.4

66.1
43.4
17.4
25.9

67.2
44.9
18.1
26.8

67.3
45.5
18.3
27.2

67.8
46.5
18.3
28.2

67.5
46.6
18.5
28.1

68.6
47.9
18.5
29.3

67.6
47.0
18.4
28.6

63.2
43.2
17.7
25.5

61.6
41.5
17.2
24.4

62.4
40.9
16.7
24.1

66.3
42.4
17.0
25.5

70.3
43.9
16.9
27.0

72.9
45.6
17.5
28.1

73.8
47.1
18.0
29.1

72.9
47.1
17.9
29.1

75.5
49.0
18.9
30.1

73.6
49.2
18.5
30.8

71.6
48.0
18.6
29.5

71.1
47.7
19.3
28.4

11
12
13
14

22.5
21,3
' .7
.5

22.7
21.5
.7
.5

22.3
21.1
.7
.5

21.8
20.7
.7
.4

21.3
20.1
.7
.5

20.8
19.7
.7
.5

20.7
19.6
.7
.4

20.6
19.5
.7
.5

20.0
19.0
.7
.3

20.1
19.0
.6
.4

21.6
20.4
.6
.5

23.9
22.6
.7
.6

26.4
25.1
.6
.6

27.3
26.0
.7
.6

26.7
25.5
.7
.5

25.9
24.7
.7
.5

26.6
25.4
.7
.5

24.3
23.3
.5
.5

23.5
22.4
.6
.5

23.4
22.3
.6
.5

15
16
17

6.0
6.6
-.5

4.3
5.2
-.9

4.1
4.4
-.3

4.3
4.1
.2

2.1
2.0
.1

2.3
2.0
.3

3.2
2.5
.7

-2.2
-3.3
1.1

-5.4
-6.3
.9

-5.1
-5.9
.8

.1
-.8
.9

4.1
3.3
.8

4.2
4.2
.0

10.2
10.3
-.1

1.4
1.5
-.1

6.8
6.9
-.1

10.5
10.3
.1

2.8
2.6
.3

2.6
2.2
.4

-4.2
-4.5
.3

Net exports of goods and services . 18

3.4

4.9

5.6

7.2

8.0

7.6

7.4

6.1

3.8

3.2

3.5

2.4

1.1

.4

2.1

2.1

3.8

4.7

6.1

7.3

19
20

23.2
19.8

24.6
19.8

25.7
20.1

26.6
19.4

29.0
21.0

28.7
21.1

28.0
20.6

26.6
20.5

24.2
20.4

24.2
21.0

24.2
20.7

24.2
21.8

23.5
22.4

24.0
23.6

26.0
24.0

25.7
23.6

27.7
23.9

28.7
24.0

29.5
23.4

29.5
22.3

21

77.2

79.3

79.7

81.3

86.2

86.6

87.5

88.1

91.2

94.2

96.1

98.7

97.8

98.0

97.5

97.0

97.3

99.3

101.8

102.7

22
23
24
25

44.9
38.3
6.6
32.3

46.2
40.3
5.9
33.1

45.8
40.2
5.6
33.9

46.7
41.9
4.8
34.6

50.3
43.3
7.0
35.9

49.9
43.9
6.0
36.7

50.1
44.6
5.5
37.5

49.6
44.3
5.3
38.5

51.6
44.5
7.2
39.5

53.6
45.4
8.2
40.6

54.4
45.9
8.5
41.7

55.9
46.5
9.4
42.7

54.3
46.1
8.1
43.6

54.3
45.5
8.8
43.7

53.7
45.6
8.1
43.8

53.3
45.1
8.1
43.7

52.3
43.9
8.4
44.9

53.1
43.8
9.3
46.2

54.6
44.8
9.8
47.2

54.8
45.3
9.5
47.9

Exports
Imports
Government purchases of goods
and services.
Federal
National defense
Nondefense
State and local




Table 1.1.—Gross National Product: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-76—Continued
[Billions of dollars]

I

consumption

domestic

I

II

III

IV

I

1964

II

III

IV

1965

II

I

III

IV

I

II

III

IV

1

508.2

519.2

528.2

542.6

554.2

562.7

568.9

574.3

582.0

590.7

601.8

612.4

625.3

634.0

642.8

648.8

668.8

681.7

696.4

717.2

328.5

333.1

335.7

342.7

347.5

353.0

357.0

363.4

367.2

371.2

377.8

382.1

390.6

397.9

405.9

407.6

417.9

424.3

432.9

446.3

3
4
5

39.7
153.9
135.0

40.7
154.7
137.6

41.9
155.2
138.6

44.0
157.4
141.4

45.0
159.3
143.2

46.3
160.6
146.1

46.8
162.2
148.0

48.8
164.1
150.5

49.8
165.2
152.1

51.1
165.9
154.1

51.9
168.3
157.7

52.9
168.8
160.4

55.0
172.7
162.9

56.4
175.7
165.7

58.2
179.1
168.5

56.1
180.1
171.4

61.6
182.6
173.7

61.5
186.0
176.9

63.3
189.5
180.1

65.6
196.5
184.3

invest- 6

66.9

72.9

78.0

81.3

84.9

85.9

86.4

84.5

86.4

90.4

92.3

94.5

95.6

96.7

96.8

100.2

111.5

111.8

114.2

116.7

7
8
9
10

70.2
46.7
19.3
27.4

71.4
47.8
19.0
28.7

72.8
48.0
19.1
28.9

75.5
49.6
19.0
30.6

76.7
50.6
19.3
31.4

79.5
52.3
20.1
32.2

80.5
53.1
20.8
32.3

80.0
52.7
20.4
32.3

80.7
52.5
19.6
32.9

84.3
54.0
20.5
33.5

85.9
55.6
20.7
34.9

88.9
57.3
21.1
36.2

90.2
58.3
21.2
37.2

90.9
60.2
22.2
38.0

92.3
62.1
22.8
39.2

93.5
63.6
23.3
40.3

99.2
68.2
24.7
43.5

102.3
71.1
26.8
44.3

105.0
74.0
27.3
46.8

108.2
77.6
29.2
48.5

11
12
13
14

23.4
22.2
.7
.5

23.6
22.5
.6
.5

24.9
23.9
.5
.5

25.9
24.4
1.0
.5

26.0
24.9
.6
.5

27.2
26.1
.6
.5

27.4
26.2
.7
.6

27.3
26.1
.7
.6

28.3
27.0
.7
.6

30.3
28.9
.7
.6

30.3
29.2
.5
.6

31.6
30.3
.7
.6

31.9
30.4
.8
.6

30.7
29.5
.6
.6

30.3
29.0
.6
.6

29.9
28.7
.6
.6

31.0
29.5
.8
.7

31.2
30.1
.4
.7

31.0
29.6
.7
.7

30.6
29.3
.5
.7

15
16
17

-3.2
-3.5
.2

1.5
1.3
.2

5.2
4.9
.3

5.8
5.5
.3

8.3
7.7
.6

6.4
5.7
.7

5.9
5.1
.8

4.5
3.6
.8

5.7
4.8
.9

6.1
5.2
.9

6.5
5.7
.8

5.6
5.0
.6

5.4
5.8
-.4

5.9
6.4
-.6

4.5
5.2
-.7

6.7
7.4
-.6

12.3
11.7
.6

9.5
8.5
1.0

9.2
7.9
1.3

8.5
7.3
1.2

Durable goods
Nondurable goods
Services
Gross private
ment.

IV

expendi- 2

Gross national product
Personal
tures.

III

II

1963

1962

1961
Line

Fixed investment
Nonresidential
Structures
Producers' durable equipment.
Residential
Nonfarm structures
Farm structures
Producers' durable equipment.
Change in business inventories
Nonfarm
Farm

Net exports of goods and services .. 18

7.8

6.4

6.1

6.3

5.7

7.0

6.7

6.0

6.3

7.9

7.3

8.8

10.7

9.4

10.1

10.0

7.9

10.0

9.2

8.1

19
20

30.0
22.3

28.9
22.5

30.0
24.0

30.8
24.5

30.5
24.8

32.4
25.4

32.3
25.6

32.0
26.0

31.9
25.6

34.3
26.4

34.6
27.2

36.1
27.3

38.3
27.6

37.8
28.4

39.2
29.1

40.0
30.0

36.9
29.1

42.6
32.7

42.3
33.0

42.5
34.4

Government purchases of goods 21
and services.

105.0

106.8

108.4

112.3

116.1

116.8

118.8

120.4

122.1

121.3

124.3

127.0

128.3

130.0

130.0

130.9

131.6

135.6

140.1

146.1

22
23
24
25

55.3
46.0
9.3
49.7

56.9
46.7
10.3
49.9

57.7
46.8
10.8
50.8

59.6
48.5
11.1
52.7

63.0
50.9
12.1
53.1

63.0
51.3
11.7
53.8

64.1
51.1
13.1
54.7

64.8
50.9
13.9
55.6

64.9
50.2
14.7
57.2

63.3
50.5
12.8
58.0

64.5
50.2
14.3
59.8

65.9
50.3
15.6
61.2

65.9
49.8
16.0
62.4

65.8
49.5
16.3
64.2

64.7
48.9
15.8
65.3

64.5
47.9
16.6
66.4

63.9
47.1
16.9
67.7

65.8
48.3
17.5
69.8

67.6
49.3
18.2
72.6

71.8
53.1
18.7
74.3

I

II

I

II

I

II

I

II

I

II

Exports
Imports

Federal
National defense
Nondefense
State and local

1966
Line

consumption

domestic

1968
III

IV

1969
III

IV

1970
III

IV

III

IV

1

738.5

750.0

760.6

774.9

780.7

788.6

805.7

823.3

841.2

867.2

884.9

900.3

921.2

937.4

955.3

962.0

972.0

986.3 1,003.6 1,009.0

456.2

460.6

469.4

474.2

478.7

487.5

494.0

500.8

517.6

530.2

545.7

554.0

565.8

576.9

586.7

597.8

607.8

616.9

628.1

634.1

3
4
5

68.7
200.5
187.0

66.0
203.9
190.6

68.5
206.8
194.1

68.8
207.4
198.0

67.3
209.6
201.9

70.6
211.2
205.7

70.8
213.4
209.8

71.6
216.2
213.0

76.8
223.1
217.8

78.7
228.2
223.2

83.0
234.2
228.4

83.3
236.9
233.8

85.3
241.3
239.2

85.7
245.9
245.3

85.9
249.9
250.9

86.0
254.3
257.4

84.9
260.2
262.8

86.3
263.5
267.1

87.3
267.3
273.6

82.4
271.9
279.7

6

124.8

127.4

123.5

127.1

120.2

117.1

123.5

130.6

127.1

133.6

133.8

138.6

147.1

149.4

154.1

146.5

141.3

143.6

147.8

144.1

7
8
9
10

111.7
80.8
29.7
51.1

112.9
82.9
29.9
53.0

112.2
84.0
30.7
53.4

109.5
84.5
30.0
54.5

107.8
83.0
30.4
52.6

111.1
83.5
29.9
53.6

113.3
83.6
30.4
53.2

117.8
85.6
30.4
55.2

122.5
89.5
32.0
57.4

123.0
88.5
32.0
56.5

125.3
90.3
32.1
58.2

130.9
94.3
33.5
60.8

136.7
97.8
34.6
63.2

139.0
100.0
35.8
64.2

141.8
103.4
37.9
65.5

140.2
103.8
38.3
65.5

139.8
103.3
37.9
65.4

139.2
104.3
38.7
65.6

141.8
105.2
39.1
66.2

143.2
102.7
39.3
63.4

11
12
13
14

30.9
29.4
.8
.7

29.9
28.8
.4
.7

28.1
26.8
.7
.7

25.1
23.6
.8
.7

24.8
23.3
.8
.7

27.6
26.3
.6
.7

29.7
28.4
.6
.7

32.1
30.5
.8
.8

33.0
31.5
.7
.8

34.5
33.0
.6
.8

35.0
33.5
.6
.9

36.6
35.0
.7
.9

38.9
37.1
.9
.9

39.1
37.5
.5
1.0

38.4
36.3
1.1
1.0

36.4
34.9
.5
1.1

36.4
34.7
.6
1.1

34.9
33.4
.4
1.1

36.5
34.9
.5
1.1

40.5
38.5
.8
1.2

15
16 *
17

13.1
12.2
.9

14.5
14.8
-.2

11.3
11.7
-.4

17.6
18.5
-.9

12.4
12.3
.1

6.0
5.3
.7

10.2
9.1
1.0

12.8
11.7
1.1

4.6
4.4
.2

10.7
10.6
.1

8.5
8.4
.1

7.7
7.6
.1

10.4
10.2
.1

10.4
10.2
.1

12.3
12.1
.1

6.3
6.2
.1

1.6
1.4
.1

4.4
4.3
.1

6.0
5.9
.1

.9
.8
.1

Durable goods
Nondurable goods
Services
Gross private
ment.

IV

expendi- 2

Gross national product
Personal
tures.

1967
III

invest-

Fixed investment
Nonresidential
Structures
Producers' durable equipment.
Residential
Nonfarm structures
Farm structures
Producers' durable equipment.
Change in business inventories
Nonfarm
Farm

Net exports of goods and services .. 18

7.5

6.7

5.7

6.2

7.0

6.7

6.3

5.3

4.1

4.9

4.4

3.7

3.9

3.7

3.9

5.2

6.5

8.1

6.6

5.5

19
20

43.4
36.0

43.8
37.0

45.0
39.4

46.0
39.8

47.5
40.6

46.8
40.1

46 9
40.6

48.1
42.8

49.8
45.7

51.8
46.9

54.3
49.9

53.5
49.8

49.7
45.9

59.0
55.3

59.5
55.6

61.9
56.6

63.6
57.1

66.7
58.6

66.1
59.6

66.2
60.7

Government purchases of goods 21
and services.

150.0

155.3

162.0

167.3

174.9

177.3

182.0

186.5

192.4

198.6

201.0

204.0

204.5

207.4

210.7

212.4

216.4

217.7

221.1

225.3

22
23
24
25

73.6
55.1
18.5
76.4

76.8
58.4
18.3
78.5

81.5
62.7
18.8
80.5

83.5
65.0
18.4
83.9

88.6
69.4
19.2
86.3

89.4
70.4
18.9
88.0

92.1
72.5
19.6
89.9

93.7
73.5
20.2
92.9

96.0
76.1
19.9
96.4

98.8
77.2
21.6
99.7

98.6
76.7
21.9
102.3

98.6
77.4
21.2
105.4

97.0
75.3
21.7
107.5

97.2
75.6
21.5
110.3

98.3
77.2
21.1
112.4

97.8
77.1
20.7
114.6

98.0
75.8
22.2
118.4

95.8
73.0
22.8
122.0

94.2
72.8
21.4
126.9

95.0
72.7
22.3
130.3

Exports
Imports

Federal
National defense
Nondefense
State and local




Table 1.1.—Gross National Product: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-76—Continued
[Billions of dollars]

II

I

1973

1972

1971
Line

III

II

I

IV

III

IV

II

I

III

IV

1
consumption

Gross private
ment.

domestic

expendi-

invest-

1,049.3

1,068.9

1,086.6

1,105.8

1,142.4

1,171.7

1,196.1

1,233.5

1,283.5

1,307.6

1,337.7

1,376.7

2

652.8

666.0

677.5

692.6

709.6

727.3

744.2

767.0

790.0

802.9

820.6

834.3

3
4
5

Personal
tures.

93.0
273.8
286.0

95.9
277.4
292.7

98.2
279.9
299.5

102.0
284.0
306.6

105.6
288.8
315.2

109.0
297.2
321.2

112.2
304.0
328.0

117.6
312.6
336.8

125.5
321.6
343.0

124.3
327.7
350.9

123.4
337.5
359.8

120.2
346.8
367.3

6

159.4

166.9

168.7

170.6

183.3

193.2

197.5

206.1

221.6

227.0

229.6

240.9

148.8
104.8
39.7
65.0

157.0
107.4
40.2
67.1

161.9
108.5
40.9
67.6

167.3
110.9
41.0
69.9

177.1
116.0
42.8
73.2

181.1
118.7
43.6
75.1

184.7
120.9
44.2
76.7

196.3
128.4
46.0
82.4

205.3
134.8
47.6
87.2

211.6
142.5
50.3
92.2

214.5
146.9
52.6
94.3

213.8
149.0
53.4
95.7

44.1
42.3
.6
1.2

49.6
47.8
.6
1.3

53.4
51.3
.8
1.3

56.4
54.3
.8
1.4

61.0
58.9
.7
1.5

62.5
60.3
.7
1.5

63.8
61.4
.8
1.6

68.0
65.6
.7
1.6

70.5
68.1
.7
1.7

69.1
66.9
.5
1.7

67.6
65.2
.6
1.7

64.8
62.1
.9
1.8

10.5
8.8
1.7

9.9
8.7
1.2

6.8
5.6
1.3

3.3
2.4
.9

6.3
5.5
.7

12.0
11.3
.8

12.8
12.3
.5

9.8
9.3
.5

16.3
16.1
.2

15.4
11.8
3.5

15.1
11.1
4.0

27.1
21.9
5.3

7
Fixed investment
8
Nonresidential
9
Structures
Producers' durable equip- 10
ment.
11
Residential
12
Nonfarm structures
13
Farm structures
Producers' durable equip- 14
ment.
15
Change in business inventories
16
Nonfarm
17
Farm
Net exports of goods and services .. 18

7.3

3.5

3.9

1.7

-.2

-.3

1.4

2.1

7.0

11.4

18.5

19.8

19
20

68.4
61.0

69.1
65.6

71.8
67.9

66.0
64.3

74.0
74.3

73.8
74.0

78.0
76.5

84.1
82.1

95.8
88.8

105.0
93.5

114.1
95.6

123.5
103.6

21

229.7

232.4

236.4

240.9

249.7

251.5

252.9

258.3

264.9

266.3

268.9

281.6

22
23
24
25

95.8
72.0
23.8
133.9

95.0
70.1
24.9
137.4

96.6
68.9
27.7
139.9

97.4
70.0
27.5
143.4

102.7
74.3
28.4
147.0

102.8
74.0
28.9
148.7

100.4
71.8
28.6
152.5

100.8
72.5
28.3
157.5

103.0
73.4
29.6
161.9

100.4
73.0
27.3
165.9

98.8
71.3
27.5
170.2

105.8
73.6
32.2
175.9

Exports
Imports
Government purchases of goods
and services.
Federal
National defense
Nondefense
State and local

II

I

consumption

expendi-

Durable goods
Nondurable goods
Services
Gross private
ment.

domestic

III

II

I

IV

III

IV

II

I

III

IV

invest-

1

1,387.7

1,423.8

1,451.6

1,473.8

1,479.8

1,516.7

1,578.5

1,621.8

1,672.0

1,698.6

1,729.0

1,772.5

2

853.0

878.6

906.7

914.1

935.1

961.6

992.1

1,016.9

1,047.8

1,067.2

1,094.2

1,127.9

3
4
5

Gross national product
Personal
tures.

1976

1975

1974
Line

118.5
358.4
376.1

121.7
369.4
387.5

127.4
380.4
398.9

118.5
385.1
410.4

122.4
392.2
420.6

127.1
402.5
432.0

136.7
414.1
441.3

142.6
420.4
453.9

152.0
429.6
466.2

154.6
436.2
476.4

158.1
445.6
490.5

162.6
455.5
509.8

6

225.8

232.9

227.9

228.0

191.4

193.0

217.5

222.4

248.8

258.3

259.6

264.7

213.1
152.0
54.3
97.7

215.2
155.6
56.4
99.2

217.1
159.2
55.9
103.3

212.6
159.5
57.1
102.4

205.7
155.1
55.2
99.8

207.6
155.2
54.4
100.8

215.5
158.9
55.6
103.3

223.2
161.8
56.4
105.4

233.5
166.6
57.5
109.1

241.0
170.9
58.5
112.4

248.2
177.5
59.4
118.0

261.5
181.3
59.7
121.6

61.2
58.2
1.2
1.8

59.6
56.2
1.4
1.9

58.0
54.8
1.3
1.9

53.1
49.9
1.4
1.8

50.6
48.2
.6
1.8

52.5
49.9
.7
1.8

56.6
53.5
1.1
1.9

61.4
57.9
1.6
1.9

66.9
63.6
1.3
2.0

70.1
67.3
.8
2.0

70.7
67.8
.9
2.1

80.2
76.6
1.4
2.1

12.7
16.0
-3.3

17.7
17.8
-.1

10.7
10.8
-.1

15.4
19.3
-3.8

-14.3
-18.3
4.0

-14.6
-17.3
2.6

2.1
-1.4
3.5

-.8
-4.9
4.1

15.3
16.6
-1.3

17.3
20.8
-3.5

11.4
12.9
-1.5

3.3
5.2
-1.9

7
Fixed investment
8
Nonresidential
9
Structures
Producers' durable equip- 10
ment.
11
Residential
12
Nonfarm structures
13
Farm structures
Producers' durable equip- 14
ment.
15
Change in business inventories
16
Nonfarm
17
Farm
Net exports of goods and services .. 18

22.0

11.7

7.8

12.1

25.6

28.5

24.9

28.1

18.4

15.0

12.2

9.4

19
20

136.8
114.7

146.3
134.6

147.5
139.8

154.2
142.1

156.0
130.3

149.2
120.7

152.7
127.8

161.9
133.8

164.0
145.6

168.4
153.4

173.6
161.4

177.5
168.1

21

286.8

300.6

309.2

319.7

327.7

333.6

344.0

354.3

357.0

358.1

362.8

370.4

22
23
24
25

103.9
73.9
30.1
182.8

109.6
76.1
33.4
191.0

112.7
77.1
35.5
196.6

117.8
81.0
36.8
201.9

119.2
81.3
37.9
208.5

120.1
81.0
39.2
213.5

123.7
83.7
40.0
220.3

127.9
86.0
41.9
226.4

126.7
84.8
41.9
230.4

126.3
83.7
42.7
231.8

129.5
86.3
43.2
233.4

134.3
89.1
45.2
236.2

Exports
Imports
Government purchases of goods
and services.
Federal
National defense
Nondefense
State and local

NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1.




Table 1.2.—Gross National Product in Constant Dollars: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1947-76
[Billions of 1972 dollars]
Line

consumption

domestic

1931

1932

1933

1934

1935

1936

1937

1938

1939

1940

1941

1942

1943

1944

1

315.7

285.6

263.5

227.1

222.1

239.1

260.0

295.5

310.2

296.7

319.8

344.1

400.4

461.7

531.6

569.1

215.1

199.5

191.8

173.9

170.5

176.9

187.7

206.2

213.8

208.8

219.8

229.9

243.6

241.1

248.2

255.2

3
4
5

20.9
98.1
96.1

16.6
93.5
89.5

14.3
93.1
84.4

10.9
85.9
77.1

10.7
82.9
76.9

12.1
88.5
76.3

15.0
93.2
79.5

18.6
103.8
83.9

19.5
107.7
86.6

15.7
109.3
83.7

18.6
115.1
86.1

21.2
119.9
88.8

24.2
127.6
91.8

15.7
129.9
95.5

14.0
134.0
100.2

13.0
139.4
102.8

invest- 6

55.8

38.6

23.7

7.9

8.4

13.0

24.0

32.2

39.7

24.0

33.6

44.5

55.8

29.5

18.1

19.7

7
8
9
10

51.2
37.5
21.1
16.4

39.1
30.9
17.8
13.0

26.7
19.8
11.2
8.5

15.0
11.5
6.5
4.9

13.2
10.4
5.0
5.5

16.4
12.5
5.4
7.1

21.0
15.6
6.0
9.6

28.4
21.4
8.1
13.3

33.4
25.8
10.5
15.3

26.6
18.8
8.3
10.6

32.0
20.9
8.7
12.1

38.3
25.8
10.0
15.8

43.8
30.4
12.0
18.5

24.3
17.6
6.8
10.9

18.0
14.0
4.2
9.8

22.0
18.7
5.5
13.2

11
12
13
14

13.7
13.0
.6
.1

8.2
7.6
.5
.1

6.9
6.5
.3
.1

3.6
3.3
.2
.1

2.8
2.5
.2
.1

3.9
3.6
.2
.1

5.5
5.0
.4
.1

7.0
6.5
.4
.1

7.6
7.0
.5
.1

7.7
7.2
.4
.1

11.1
10.4
.6
.1

12.5
11.6
.8
.1

13.3
12.3
.9
.2

6.7
6.0
.6
.1

4.0
3.5
.4
.0

3.4
3.0
.4
.0

15
16
17

4.6
4.4
.2

-.5
-.5
.0

-3.0
-4.8
1.8

-7.2
-8.6
1.4

-4.9
-4.7
-.2

-3.3
.4
-3.7

2.9
1.3
1.7

3.8
5.8
-2.0

6.3
4.5
1.8

-2.6
-3.1
•5

1.6
.8
.8

6.2
5.2
1.0

12.0
10.4
1.6

5.2
2.5
2.7

.1
-.5
.6

-2.3
-1.7
-.7

Durable goods
Nondurable goods
Services
Gross private
ment.

1930

expendi- 2

Gross national product
Personal
tures.

1929

Fixed investment
Nonresidential
Structures
Producers' durable equipment.
Residential
Nonfarm structures
Farm structures
Producers' durable equipment.
Change in business inventories
Nonfarm
Farm

Net exports of goods and services .. 18

3.7

2.8

1.7

1.0

.4

.9

-1.2

-.7

.8

3.2

3.4

4.4

3.2

-.6

-5.9

-6.2

19
20

16.7
12.9

14.2
11.4

11.7
10.0

9.3
8.3

9.1
8.6

9.7
8.9

10.5
11.8

11.2
11.9

14.0
13.2

13.5
10.3

14.3
10.9

15.5
11.1

16.4
13.2

11.4
12.0

9.8
15.7

10.5
16.8

Government purchases of goods 21
and services.

41.0

44.8

46.3

44.3

42.9

48.4

49.6

57.9

55.8

60.7

63.0

65.3

97.8

191.6

271.3

300.4

22
23
24
25

7.0

8.0

8.2

8.6

10.9

14.3

14.2

22.6

20.5

23.6

22.8

26.7

61.0

157.4

239.6

269.7

33.9

36.8

38.1

35.7

32.0

34.0

35.4

35.3

35.3

37.1

40.3

38.6

36.8

34.3

31.7

30.7

Exports
Imports

Federal
National defense
Nondefense
State and local

Line

1945

1946

1947

1948

1949

1950

1951

1952

1953

1954

1955

1956

1957

1958

1959

1960

1

560.4

478.3

470.3

489.8

492.2

534.8

579.4

600.8

623.6

616.1

657.5

671.6

683.8

680.9

721.7

737.2

expendi- 2

270.9

301.0

305.8

312.2

319.3

337.3

341.6

350.1

363.4

370.0

394.1

405.4

413.8

418.0

440.4

452.0

3
4
5

14.4
150.3
106.3

25.4
158.9
116.7

30.1
154.8
120.9

32.5
155.0
124.7

35.5
157.4
126.5

42.6
161.8
132.9

39.1
165.3
137.2

38.0
171.2
140.9

42.1
175.7
145.6

42.5
177.0
150.5

51.1
185.4
157.6

48.8
191.6
165.0

48.6
194.9
170.3

45.3
196.8
175.9

50.7
205.0
184.8

51.4
208.2
192.4

invest- 6

27.7

70.9

70.0

82.1

65.4

93.5

93.9

83.0

85.3

83.1

103.8

102.6

97.0

87.5

108.0

104.7

7
8
9
10

31.4
27.6
8.3
19.2

58.7
42.1
18.9
23.2

70.2
48.9
17.4
31.5

76.6
51.1
18.4
32.6

69.8
46.0
17.9
28.1

83.0
50.0
19.2
30.8

80.2
52.9
20.7
32.2

78.7
52.1
20.6
31.5

83.8
56.3
22.6
33.7

85.3
55.4
23.6
31.8

96.1
61.3
25.4
35.9

96.8
65.4
28.3
37.0

95.5
66.2
28.4
37.8

89.3
59.3
26.8
32.5

100.9
63.6
27.4
36.2

101.2
66.9
29.5
37.4

11
12
13
14

3.8
3.4
.3
.1

16.6
15.3
1.1
.2

21.3
19.7
1.3
.3

25.6
23.8
1.5
.3

23.8
22.1
1.4
.3

33.0
31.3
1.3
.3

27.3
25.7
1.3
.3

26.6
25.1
1.2
.3

27.5
26.1
1.2
.3

29.9
28.5
1.1
.3

34.8
33.5
.9
.4

31.5
30.0
1.0
.4

29.2
27.8
1.0
.4

30.0
28.6
.9
.5

37.4
35.9
1.0
.6

34.2
32.9
.8
.5

15
16
17

-3.6
-2.5
-1.1

12.2
12.5
-.3

-.2
1.7
-1.9

5.5
4.4
1.1

-4.4
-3.9
-.5

10.6
9.2
1.4

13.7
12.1
1.6

4.3
3.1
1.2

1.5
1.7
-.2

-2.2
-3.1
.9

7.7
7.3
.4

5.8
6.6
-.8

1.5
.9
.6

-1.8
-2.9
1.0

7.0
7.0
.0

3.5
3.2
.3

Net exports of goods and services .. 18

-3.7

13.2

18.9

10.8

10.7

5.9

10.1

7.9

4.8

6.9

7.3

10.1

11.8

5.6

2.7

7.7

19
20

13.8
17.5

27.3
14.0

32.2
13.3

26.3
15.5

25.8
15.2

23.6
17.7

28.6
18.5

27.9
20.0

26.6
21.8

27.8
20.9

30.7
23.4

35.3
25.2

38.0
26.1

33.2
27.6

33.8
31.1

38.4
30.7

Government purchases of goods 21
and services.

265.4

93.1

75.7

84.7

96.8

98.1

133.7

159.8

170.1

156.0

152.3

153.5

161.2

169.8

170.6

172.8

22
23
24
25

233.7

58.2

36.3

42.8

49.2

47.3

82.2

107.2

114.7

96.1

88.2

86.8

90.6

93.4

91.4

90.4

31.7

34.9

39.4

41.9

47.5

50.8

51.5

" 52.7

55.3

59.9

64.1

66.7

70.6

76.4

79.2

82.4

Gross national product
Personal
tures.

consumption

Durable goods
Nondurable goods
Services
Gross private
ment.

domestic

Fixed investment
Nonresidential
Structures
Producers' durable equipment.
Residential
Nonfarm structures
Farm structures
Producers' durable equipment.
Change in business inventories
Nonfarm
Farm

Exports
Imports

Federal
National defense
Nondefense
State and local




Table 1.2.—Gross National Product in Constant Dollars: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1947-76—
Continued
[Billions of 1972 dollars]
Line
Gross national product
Personal
tures.

consumption

domestic

1962

1964

1963

1965

1967

1966

1968

1969

1970

1971

1972

1973

1974

1975

1976

1

756.6

800.3

832.5

876.4

929.3

984.8

1,011.4

1,058.1

1,087.6

1,085.6

1,122.4

1,185.9

1,255.0

1,248.0

1,233.9

1,300.4

expendi- 2

461.4

482.0

500.5

528.0

557.5

585.7

602.7

634.4

657.9

672.1

696.8

737.1

768.5

763.6

780.2

823.7

3
4
5

49.3
211.9
200.2

54.7
218.5
208.8

59.7
223.0
217.8

64.8
233.3
229.8

72.6
244.0
240.9

78.4
255.5
251.8

79.5
259.5
263.7

88.3
270.5
275.6

91.8
277.3
288.8

89.1
283.7
299.3

98.2
288.7
309.9

300.6
325.3

111.1

121.3
308.0
339.2

112.3
303.3
348.0

112.7
308.2
359.3

126.6
322.5
374.7

invest- 6

103.9

117.6

125.1

133.0

151.9

163.0

154.9

161.6

171.4

158.5

173.9

195.0

217.5

195.5

154.8

184.5

7
8
9
10

100.9
66.7
30.2
36.5

109.7
72.0
31.6
40.4

117.5
75.1
31.9
43.1

125.9
82.7
34.4
48.3

140.1
97.4
40.6
56.8

146.2
108.0
43.4
64.5

142.7
105.6
42.0
63.6

152.6
109.5
42.8
66.8

160.4
116.8
45.0
71.8

154.8
113.8
43.9
69.9

165.8
112.2
42.8
69.3

184.8
121.0
44.1
76.9

200.4
138.1
47.4
90.7

183.9
135.7
43.6
92.1

161.5
119.3
38.3
81.1

176.7
125.6
39.5
86.1

11
12
13
14

34.3
32.8
1.0
.5

37.7
36.3
.9
.6

42.5
40.9
.9
.6

43.1
41.5
.9
.7

42.7
41.2
.8
.7

38.2
36.6
.9
.8

37.1
35.4
.9
.8

43.1
41.3
.8
.9

43.6
41.7
.9
1.1

41.0
39.2
.6
1.1

53.7
51.6
.7
1.3

63.8
61.5
.7
1.5

62.3
59.9
.6
1.7

48.2
45.3
1.1
1.7

42.2
39.8
.8
1.6

51.2
48.7
.8
1.7

15
16
17

3.0
2.5
.5

7.8
6.6
1.3

7.5
6.3
1.2

7.1
7.7
-.6

11.8
10.6
1.2

16.8
17.0
-.2

12.2
11.4
.8

9.0
8.8
.2

11.1
10.8
.3

3.8
3.4
.4

8.1
6.6
1.5

10.2
9.6
.6

17.2
14.9
2.3

11.6
11.9
-.3

-6.7
-7.9
1.2

7.8
9.6
-1.9

Durable goods
Nondurable go
le goods..
Services
Gross private
ment.

1961

Fixed investment
Nonresidential
Structures
Producers' durable equipment.
Residential
Nonfarm structures
Farm structures
Producers' durable equipment.
Change in business inventories....
Nonfarm
Farm

Net exports of goods and services .. 18

8.5

7.5

9.4

12.8

10.1

6.5

5.4

1.9

.9

3.9

1.6

.7

15.5

27.8

32.2

25.4

19
20

39.3
30.9

41.8
34.3

44.8
35.4

50.3
37.5

51.7
41.6

54.4
47.9

56.7
51.3

61.2
59.3

65.0
64.1

70.5
66.6

71.0
69.3

77.5
76.7

97.3
81.8

108.5
80.7

103.6
71.4

110.1
84.7

Government purchases of goods 21
and services.

182.9

193.2

197.6

202.6

209.8

229.7

248.5

260.2

257.4

251.1

250.1

253.1

253.5

261.2

266.7

266.8

95.3

102.8

101.8

100.2

100.3

112.6

125.1

128.1

121.8

110.6

103.7

87.5

90.4

95.8

102.4

109.5

117.1

123.4

132.1

135.6

140.5

146.4

101.7
73.1
28.5
151.4

95.9
68.3
27.6
157.6

96.6
66.9
29.7
164.5

97.4
66.4
31.0
169.3

96.8
64.9
31.8
170.0

Exports
Imports

Federal
National defense
Nondefense
State and local

22
23
24
25

1947
Line
I
Gross national product
Personal
tures.

consumption

domestic

1948
III

IV

I

II

1949
III

IV

I

II

1950
III

IV

I

1951

II

III

IV

I

II

III

IV

1

466.0

469.5

470.2

475.7

479.4

488.3

492.9

497.9

492.6

490.3

494.8

490.8

512.6

526.4

543.8

556.3

564.4

575.9

587.9

589.1

expendi- 2

302.3

307.0

307.2

306.8

308.8

312.1

312.6

315.4

315.8

319.8

319.3

322.5

327.7

333.6

348.0

339.9

345.7

337.8

340.7

342.1

3
4
5

28.9
153.0
120.3

29.5
155.8
121.7

29.9
156.3
121.1

32.2
154.1
120.5

32.1
154.0
122.7

32.2
155.6
124.3

32.9
154.1
125.6

32.8
156.4
126.3

32.2
157.2
126.4

35.4
157.5
126.8

36.8
156.3
126.2

37.7
158.4
126.4

38.9
160.1
128.6

39.2
161.7
132.7

49.0
164.4
134.6

43.2
161.0
135.7

44.3
164.7
136.7

38.1
162.7
137.1

37.1
166.0
137.6

36.9
167.7
137.5

invest- 6

69.6

66.5

66.5

77.3

81.0

82.8

83.4

81.2

71.3

61.6

65.8

62.8

79.6

89.8

96.0

108.7

96.6

100.1

93.8

85.3

7
8
9
10

69.5
49.8
17.7
32.2

67.4
48.9
17.4
31.5

69.4
48.0
17.4
30.6

74.6
49.0
17.1
31.9

77.0
51.6
17.4
34.2

77.3
50.4
18.3
32.1

76.4
50.4
18.9
31.5

75.9
51.9
19.1
32.7

71.7
49.3
18.7
30.6

68.8
46.8
18.3
28.5

68.4
44.4
17.5
26.9

70.4
43.5
17.1
26.5

75.2
44.8
18.0
26.9

82.1
48.9
18.7
30.1

88.0
53.0
19.7
33.3

86.7
53.3
20.4
33.0

83.2
51.8
20.4
31.4

80.1
53.0
21.1
31.9

79.2
53.9
21.0
32.9

78.4
52.8
20.1
32.7

11
12
13
14

19.6
18.1
1.3
.3

18.6
17.0
1.3
.3

21.4
19.8
1.3
.3

25.6
23.9
1.4
.3

25.4
23.7
1.4
.3

26.9
25.0
1.5
.3

26.0
24.1
1.6
.3

24.1
22.2
1.6
.3

22.3
20.5
1.5
.3

22.0
20.2
1.4
.3

23.9
22.3
1.4
.3

26.9
25.2
1.4
.3

30.3
28.6
1.4
.3

33.2
31.6
1.3
.4

35.0
33.4
1.3
.4

33.3
31.7
1.3
.4

31.4
29.8
1.3
.3

27.1
25.5
1.3
.3

25.3
23.7
1.3
.3

25.5
24.0
1.3
.3

15
16
17

.1
1.3
-1.2

-.9
1.9
-2.8

-2.9
-.2
-2.7

2.7
3.8
-1.0

4.1
3.5
.6

5.6
4.2
1.3

6.9
5.6
1.3

5.3
4.3
1.0

-.3
.0
-.4

-7.1
-6.4
-.7

-2.5
-1.8
-.7

-7.7
-7.3
-.4

4.4
4.0
.5

7.7
6.6
1.1

8.0
6.1
1.9

22.1
20.1
2.0

13.4
11.9
1.6

19.9
18.4
1.5

14.6
12.9
1.7

7.0
5.3
1.7

Durable goods
Nondurable goods
Services
Gross private
ment.

II

Fixed investment
Nonresidential
Structures
Producers' durable equipment.
Residential
Nonfarm structures
Farm structures
Producers' durable equipment.
Change in business inventories
Nonfarm
Farm

Net exports of goods and services .. 18

19.5

20.0

20.0

16.0

13.1

10.3

9.9

9.7

12.5

12.1

10.7

7.4

6.8

6.8

4.3

5.6

6.4

9.5

12.2

12.5

19
20

32.8
13.3

33.5
13.5

32.8
12.8

29.8
13.8

28.2
15.1

25.8
15.4

26.0
16.1

25.1
15.5

27.7
15.2

27.3
15.3

25.6
14.9

22.6
15.2

22.6
15.9

23.3
16.5

23.8
19.5

24.6
19.0

25.8
19.4

28.2
18.7

30.0
17.8

30.5
18.0

Government purchases of goods 21
and services.

74.7

76.0

76.4

75.6

76.5

83.1

87.0

91.6

93.0

96.8

99.0

98.1

98.6

96.2

95.5

102.0

115.7

128.5

141.2

149.2

22
23
24
25

36.6

37.1

36.6

35.1

36.0

41.7

44.9

48.4

48.2

49.9

50.3

48.6

48.1

45.4

44.5

51.0

65.0

77.0

89.5

97.4

38.1

39.0

39.8

40.5

40.5

41.4

42.1

43.1

44.8

46.9

48.7

49.5

50.4

50.8

50.9

51.0

50.7

51.5

51.8

51.8

Exports
Imports

Federal
National defense
Nondefense
State and local




Table 1.2.—Gross National Product in Constant Dollars: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1947-76—
Continued
[Billions of 1972 dollars]
1952
I

consumption

expendi-

Durable goods
Nondurable goods
Services
Gross private
ment.

domestic

1953
III

IV

I

II

1954
III

IV

II

I

1955
III

IV

I

II

1956
III

IV

I

III

II

IV

invest-

1

593.7

594.3

600.5

614.6

623.2

628.3

624.4

618.2

610.5

608.1

616.9

628.4

644.1

653.2

663.2

669.5

666.8

670.2

670.7

678.4

2

342.7

348.6

350.2

358.8

362.8

364.6

363.6

362.6

363.5

366.2

371.8

378.6

385.2

392.2

396.4

402.6

403.2

403.9

405.1

409.3

3
4
5

Gross national product
Personal
tures.

II

37.5
166.5
138.7

38.3
170.3
140.0

35.9
172.8
141.5

40.5
174.9
143.4

42.3
176.1
144.4

41.9
176.6
146.0

41.8
175.2
146.6

42.5
174.9
145.3

40.9
175.8
146.8

41.4
175.0
149.7

42.4
177.2
152.1

45.1
180.0
153.4

48.1
181.4
155.7

51.3
184.4
156.5

52.7
185.9
157.7

52.2
189.8
160.6

49.4
191.6
162.2

48.9
191.1
163.9

48.1
191.2
165.8

48.8
192.5
168.0

6

86.4

77.4

80.5

87.6

87.6

89.1

86.0

78.6

79.1

79.7

84.0

89.7

97.7

103.9

105.8

107.8

103.9

102.7

102.2

101.7

79.1
53.1
20.2
32.9

80.1
53.6
20.4
33.2

75.1
48.9
20.6
28.3

80.4
52.8
21.4
31.4

83.7
55.6
22.0
33.6

84.0
55.9
22.5
33.4

84.1
57.0
22.6
34.4

83.5
56.7
23.1
33.6

82.5
55.3
23.5
31.8

83.8
54.8
23.7
31.1

86.7
56.0
23.7
32.3

88.3
55.6
23.7
31.8

91.8
56.6
24.5
32.1

95.8
60.2
25.0
35.1

98.1
63.2
25.9
37.3

98.5
65.2
26.4
38.8

96.4
64.3
27.3
36.9

97.2
65.3
28.4
36.9

97.3
66.2
28.8
37.4

96.4
65.7
28.8
37.0

26.0
24.5
1.2
.3

26.5
25.0
1.1
.3

26.2
24.8
1.1
.3

27.6
26.0
1.2
.4

28.0
26.5
1.1
.4

28.2
26.6
1.2
.4

27.1
25.6
1.2
.3

26.9
25.4
1.2
.3

27.3
25.8
1.1
.3

29.0
27.6
1.1
.3

30.8
29.4
1.1
.4

32.7
31.3
1.0
.4

35.2
33.9
.9
.4

35.7
34.3
.9
.4

34.9
33.6
.9
.4

33.3
32.0
.9
.4

32.1
30.7
1.0
.5

31.9
30.4
1.0
.4

31.2
29.7
1.0
.5

30.7
29.3
1.0
.4

7.3
5.8
1.5

-2.7
-3.9
1.2

5.4
4.3
1.1

7.2
6.2
1.0

3.9
4.2
-.3

5.1
5.4
-.3

1.9
2.1
-.3

-5.0
-5.0
.1

-3.4
-3.8
.4

-4.1
-4.8
.8

-2.7
-3.8
1.0

1.5
-.1
1.6

5.9
5.2
.7

8.0
7.8
.2

7.8
7.2
.6

9.2
8.9
.3

7.5
8.5
-1.0

5.5
7.1
-1.6

4.9
5.6
-.7

5.4
5.2
.2

7
Fixed investment
8
Nonresidential
9
Structures
Producers' durable equip- 10
ment.
11
Residential
12
Nonfarm structures
13
Farm structures
Producers' durable equip- 14
ment.
Change in business inventories
15
16
Nonfarm
Farm
17
Net exports of goods and services .. 18

11.7

9.0

6.1

4.9

5.0

4.4

4.8

5.0

5.2

6.7

7.3

8.4

8.4

6.3

7.5

7.1

7.7

9.6

10.5

12.5

19
20

30.8
19.1

28.0
19.0

26.2
20.1

26.6
21.7

26.3
21.3

26.8
22.4

27.0
22.2

26.3
21.3

25.7
20.5

28.4
21.8

27.9
20.6

29.3
20.9

30.3
21.9

29.7
23.4

31.2
23.8

31.4
24.4

33.0
25.3

34.8
25.2

36.2
25.7

37.1
24.6

21

152.9

159.4

163.7

163.3

167.7

170.2

170.0

172.0

162.6

155.6

153.8

151.7

152.7

150.9

153.5

152.0

152.1

154.0

152.9

154.8

22
23
24
25

100.7

106.3

111.6

110.0

113.5

115.9

114.4

115.1

103.9

96.5

93.3

90.8

89.5

86.8

89.2

87.2

86.6

87.6

85.9

87.2

52.2

53.1

52.1

53.2

54.3

54.3

55.6

56.9

58.7

59.0

60.6

60.9

63.3

64.1

64.3

64.8

65.5

66.5

66.9

67.6

I

II

III

IV

I

II

III

IV

I

II

III

IV

I

II

I

II

III

Exports
Imports
Government purchases of goods
and services.
Federal
National defense
Nondefense
State and local

1957

1958

1959

1960

Line

Gross national product
Personal
tures.

consumption

domestic

IV

IV

invest-

Fixed investment
Nonresidential
Structures
Producers' durable equipment.
Residential
Nonfarm structures
Farm structures
Producers' durable equipment.
Change in business inventories...,.
Nonfarm
Farm

1

683.5

684.1

688.5

679.1

665.5

669.9

685.9

702.5

711.5

726.2

721.2

727.9

740.7

738.4

737.7

732.1

737.7

750.1

759.6

779.0

2

411.7

412.4

415.2

416.0

411.0

414.7

420.9

425.4

434.1

439.7

443.3

444.6

448.1

454.1

452.7

453.2

454.0

459.9

461.4

470.3

3
4
5

expendi-

Durable goods
Nondurable goods
Services
Gross private
ment.

1961
III

49.9
193.1
168.7

48.8
193.9
169.7

48.0
196.7
170.5

47.9
195.7
172.3

45.1
193.4
172.5

44.5
194.9
175.3

45.1
198.3
177.5

46.6
200.6
178.2

49.5
203.2
181.5

51.3
204.6
183.8

52.1
205.5
185.7

49.7
206.8
188.1

51.0
207.2
189.9

52.3
209.5
192.3

51.8
208.1
192.7

50.5
208.1
194.6

47.7
209.6
196.7

48.4
211.6
199.9

49.4
211.7
200.2

51.8
214.8
203.7

6

98.4

98.0

99.8

91.7

82.9

80.8

88.1

98.0

103.7

114.1

104.0

110.2

117.4

105.1

102.5

93.8

94.0

101.1

107.9

112.6

7
8
9
10

96.0
66.1
28.5
37.6

95.1
65.9
28.5
37.4

96.1
67.3
28.4
38.9

94.6
65.7
28.3
37.3

89.7
61.5
27.9
33.7

87.0
58.8
26.9
31.9

87.8
57.6
26.2
31.4

92.8
59.3
26.4
32.9

98.2
61.1
26.3
34.8

101.5
63.1
27.2
35.9

102.6
65.0
28.0
37.1

101.5
65.1
27.9
37.2

104.7
67.4
29.3
38.1

101.8
67.8
29.0
38.8

99.1
66.2
29.2
37.0

99.0
66.3
30.6
35.7

98.1
65.2
30.6
34.6

99.4
66.3
30.1
36.2

101.4
66.5
30.1
36.5

104.9
68.6
29.9
38.6

11
12
13
14

29.9
28.5
1.0
.5

29.2
27.8
1.0
.4

28.9
27.5
1.0
.4

29.0
27.6
.9
.4

28.2
26.9
.9
.3

28.2
26.9
.9
.4

30.2
28.8
.9
.5

33.5
31.9
.9
.6

37.1
35.6
.9
.6

38.4
36.8
1.0
.6

37.6
36.1
1.0
.5

36.4
34.9
1.0
.5

37.3
35.8
.9
.5

34.1
32.9
.7
.5

32.9
31.5
.9
.5

32.7
31.5
.8
.5

32.9
31.3
1.1
.5

33.1
31.7
.8
.5

34.9
33.6
.7
.5

36.3
34.4
1.4
.5

15
16
17

2.5
2.4
.1

2.9
2.5
.4

3.7
2.9
.8

-3.0
-4.3
1.3

-6.8
-7.9
1.1

-6.2
-7.1
.9

.3
-.7
1.0

5.3
4.3
1.0

5.5
5.5
.0

12.6
12.5
.1

1.4
1.5
-.1

8.7
8.5
.1

12.7
12.5
.2

3.3
3.0
.3

3.4
2.9
.5

-5.3
-5.6
.3

-4.1
-4.5
.4

1.8
1.4
.3

6.5
6.0
.5

7.7
7.1
.6

Net exports of goods and services.. 18

13.2

12.6

11.9

9.5

6.5

5.6

5.9

4.3

2.1

1.2

3.6

3.8

6.0

6.8

8.1

9.8

10.4

8.0

7.7

7.8

19
20

39.4
26.2

39.1
26.4

37.7
25.8

35.6
26.1

33.0
26.5

33.2
27.6

33.2
27.3

33.2
28.9

32.1
30.0

32.7
31.5

35.4
31.8

34.9
31.1

37.3
31.3

38.2
31.5

38.9
30.7

39.2
29.4

39.9
29.5

37.8
29.8

39.4
31.7

40.3
32.5

21

160.1

161.1

161.6

162.0

165.0

168.7

171.0

174.7

171.6

171.3

170.2

169.3

169.2

172.4

174.4

175.4

179.4

181.0

182.7

188.4

22
23
24
25

91.0

91.3

90.7

89.5

90.9

93.2

93.9

96.0

92.3

92.0

90.8

90.3

88.9

90.4

91.1

91.3

92.6

94.6

95.4

98.7

69.2

69.8

70.8

72.5

74.2

75.6

77.2

78.7

79.3

79.3

79.4

79.0

80.3

82.0

83.3

84.1

86.8

86.4

87.3

89.7

Exports
Imports
Government purchases of goods
and services.
Federal
National defense
Nondefense
State and local




Table 1.2.—Gross National Product in Constant Dollars: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1947-76—
Continued
[Billions of 1972 dollars]
1962
I

IV

I

II

1964
III

IV

I

II

1965
III

IV

I

1966
III

II

IV

I

II

III

IV

1

789.2

798.4

805.5

808.0

815.0

826.7

839.8

848.6

864.2

873.7

880.9

886.8

906.7

919.7

934.1

956.8

975.4

979.3

987.9

996.6

expendi- 2

474.5

479.8

483.7

490.0

493.1

497.4

503.9

507.5

516.6

525.6

534.3

535.3

546.0

550.7

559.2

573.9

581.2

582.3

588.6

590.5

3
4
5

52.9
216.5
205.1

54.2
217.4
208.3

54.7
219.3
209.7

57.0
220.8
212.1

58.2
221.5
213.4

59.4
222.4
215.7

60.1
224.1
219.7

61.0
224.2
222.4

63.2
228.2
225.2

64.8
232.2
228.7

66.8
236.1
231.4

64.6
236.7
234.1

70.5
239.2
236.2

70.6
240.9
239.2

73.1
244.1
242.1

76.1
251.8
246.0

79.7
253.5
248.0

76.3
255.4
250.6

78.8
257.2
252.6

78.7
255.9
255.9

invest- 6

116.8

118.3

119.1

116.0

118.7

124.6

127.3

129.6

131.8

132.4

131.5

136.1

149.4

150.5

152.4

155.4

164.8

165.0

160.3

162.0

7
8
9
10

106.3
70.0
30.4
39.6

110.2
72.2
31.6
40.6

111.6
73.3
32.7
40.6

110.7
72.5
31.9
40.5

111.3
71.8
30.6
41.2

116.7
74.1
32.1
42.1

119.3
76.1
32.3
43.9

122.9
78.2
32.8
45.5

125.0
79.3
32.8
46.5

125.0
81.6
34.3
47.4

126.1
83.9
35.1
48.9

127.4
86.0
35.6
50.4

134.6
91.7
37.6
54.1

139.2
95.6
40.7
55.0

141.4
98.9
40.9
58.0

145.3
103.4
43.4
60.0

149.1
106.7
43.8
62.9

147.9
108.1
43.2
64.9

146.6
109.0
44.1
64.9

141.2
108.2
42.7
65.5

11
12
13
14

36.4
35.0
.9
.5

38.0
36.6
.8
.5

38.3
36.8
.9
.6

38.2
36.7
.9
.6

39.5
37.9
.9
.6

42.6
40.9
1.0
.6

43.1
41.8
.7
.6

44.7
43.1
1.0
.6

45.6
43.8
1.2
.7

43.4
41.8
.9
.7

42.1
40.6
.9
.7

41.4
39.9
.9
.7

42.9
41.1
1.1
.7

43.6
42.3
.6
.7

42.5
40.9
.9
.7

41.9
40.4
.8
.8

42.4
40.5
1.1
.8

39.8
38.5
.6
.8

37.7
36.0
.9
.8

33.0
31.2
1.0
.7

15
16
17

10.4
9.4
1.0

8.1
6.9
1.2

7.5
6.1
1.4

5.3
4.0
1.3

7.4
6.1
1.3

7.9
6.5
1.4

8.0
6.9
1.2

6.7
5.8
.9

6.9
7.3
-.4

7.4
8.0
-.6

5.5
6.2
-.8

8.6
9.3
-.7

14.8
14.1
.7

11.3
10.2
1.1

11.0

10.0
8.7
1.3

15.6
14.6
1.1

17.1
17.4
-.2

13.6
14.1
-.5

20.8
21.8
-1.0

Gross national product
Personal
tures.

1963
III

II

consumption

Durable goods
Nondurable goods
Services
Gross private domestic
ment.

Fixed investment
Nonresidential
Structures
Producers' durable equipment.
Residential
Nonfarm structures
Farm structures
Producers' durable equipment.
Change in business inventories
Nonfarm
Farm

9.5
1.5

6.6

8.5

8.0

7.0

7.4

9.6

9.2

11.3

14.0

12.3

12.8

12.4

9.0

11.2

10.6

9.8

8.2

7.1

5.1

5.4

19
20

40.0
33.3

42.6
34.1

42.6
34.6

42.2
35.2

41.9
34.5

44.8
35.2

45.2
36.0

47.3
36.0

50.0
36.0

49.2
36.9

50.6
37.9

51.4
39.0

46.7
37.7

53.6
42.4

53.1
42.5

53.6
43.9

54.1
45.8

53.8
46.7

54.6
49.5

55.1
49.7

Government purchases of goods 21
and services.

191.3

191.8

194.6

195.0

195.8

195.1

199.3

200.2

201.7

203.4

202.3

203.1

202.3

207.2

211.8

217.7

221.2

224.8

234.0

238.7

102.2

102.1

103.7

103.2

102.2

100.6

102.3

102.0

101.8

101.3

99.1

98.6

96.8

99.0

100.5

104.7

106.5

108.8

116.8

118.3

89.1

89.7

90.9

91.8

93.6

94.4

96.9

98.2

99.9

102.1

103.3

104.6

105.5

108.2

111.3

113.0

114.7

116.0

117.2

120.4

I

II

I

II

I

II

III

IV

III

IV

III

IV

Net exports of goods and services .. 18
Exports
Imports

Federal
National defense
Nondefense
State and local

22
23
24
25

1967

Gross national product

1

1968
III

IV

1969
III

IV

1970
I

II

1971
I

II

997.8 1,004.2 1,016.2 1,027.3 1,036.6 1,055.7 1,068.2 1,071.8 1,084.2 1,088.8 1,092.0 1,085.6 1,081.4 1,083.0 1,093.3 1,084.7 1,111.5 1,116.9 1,125.7 1,135.4

expendi- 2

594.8

602.4

605.2

608.2

620.7

629.9

642.3

644.7

651.9

656.2

659.6

663.9

667.4

670.5

676.5

673.9

687.0

693.3

698.2

708.6

3
4
5

77.2
258.3
259.2

80.7
259.4
262.3

79.9
259.5
265.7

80.1
260.8
267.4

85.2
266.1
269.5

86.9
269.0
274.0

90.9
273.6
277.8

90.4
273.3
281.0

92.3
275.7
283.9

92.1
277.0
287.1

91.7
277.7
290.2

91.3
278.7
293.9

89.7
281.3
296.4

90.7
282.4
297.4

91.1
284.5
300.8

84.8
286.7
302.5

94.0
287.6
305.4

96.3
288.5
308.5

99.0
288.4
310.8

103.5
290.2
314.9

invest- 6

152.6

148.9

155.1

163.0

157.2

162.7

161.6

164.9

172.5

173.1

175.4

164.8

158.1

158.3

161.6

156.2

169.8

175.1

175.3

175.4

7
8
9
equip- 10

138.1
105.8
42.8
63.0

141.5
105.5
41.7
63.8

143.3
104.8
41.9
62.9

147.8
106.3
41.5
64.9

161.7
109.9
43.0
66.9

150.5
107.4
42.4
65.1

151.8
108.6
42.1
66.4

156.3
112.3
43.6
68.7

160.7
115.1
44.1
71.1

161.2
116.2
44.5
71.7

161.7
118.5
45.9
72.6

157.9
117.4
45.4
72.0

155.9
115.4
44.2
71.1

153.3
1150
44.3
70.7

155.1
114.7
43.9
70.8

154.8
110.3
43.3
67.0

158.6
110.8
43.2
67.7

164.7
112.1
42.9
69.2

168.2
112.2
43.0
69.2

171.8
113.6
42.3
71.3

11
Residential
12
Nonfarm structures
13
Farm structures
Producers' durable equip- 14
ment.
Change in business inventories
15
16
Nonfarm
Farm
17

32.3
30.5
1.1
.7

36.1
34.5
.8
.7

38.4
36.9
.8
.8

41.5
39.6
1.0
.9

41.9
40.1
.9
.9

43.0
41.4

Jl
.9

43.3
41.6
.8
1.0

44.0
42.3
.8
1.0

45.6
43.6
1.0
1.0

45.0
43.4
.6
1.1

43.2
40.9
1.2
1.1

40.5
38.8
.6
1.1

40.6
38.7
.7
1.1

38.4
36.8
.4
1.1

40.4
38.7
.6
1.2

44.5
42.5
.8
1.2

47.8
46.0
.6
1.2

52.6
50.6
.7
1.3

56.0
53.9
.8
1.3

58.2
56.1
.8
1.4

14.5
14.4
.1

7.3
6.6
.7

11.8
10.8
1.0

15.2
13.9
1.3

5.4
5.0
.4

12.2
12.1
.1

9.8
9.7
.1

8.6
8.4
.2

11.7
11.4
.3

11.8
11.5
.3

13.7
13.4
.3

7.0
6.8
.2

2.1
1.6
.5

5.0
4.5
.5

6.5
6.3
.2

1.4
1.1
.3

11.2
9.3
1.9

10.4
9.0
1.4

7.0
5.6
1.5

3.6
2.6
1.1

Personal
tures.

consumption

Durable goods
Nondurable goods
Services
Gross private domestic
ment.
Fixed investment
Nonresidential
Structures
Producers' durable

Net exports of goods and services .. 18

6.2

6.0

5.4

3.9

2.2

2.2

2.0

1.2

1.2

.4

.2

1.8

3.2

4.5

4.3

3.6

4.7

.3

1.7

-.2

19
20

56.9
50.7

56.1
50.2

56.3
50.9

57.4
53.5

59.0
56.8

60.1
57.9

63.6
61.5

62.3
61.1

57.1
55.8

67.4
67.0

67.2
67.0

68.3
66.5

69.4
66.2

71.5
67.0

70.6
66.3

70.4
66.8

70.7
66.0

71.2
70.9

74.2
72.5

67.7
67.9

244.2

247.0

250.6

252.2

256.5

260.9

262.2

261.1

258.6

259.2

256.8

255.0

252.7

249.6

250.9

251.0

250.0

248.3

250.6

251.5

122.5

124.6

127.1

126.3

127.8

129.5

128.8

126.5

123.6

123.5

120.8

119.1

115.1

110.9

108.8

107.5

105.6

102.6

104.1

102.7

121.7

122.4

123.5

125.9

128.7

131.4

133.4

134.6

135.0

135.7

136.0

135.9

137.6

138.7

142.1

143.4

144.4

145.7

146.5

148.8

Exports
Imports

Government purchases of goods 21
and services.
Federal
National defense
Nondefense
State and local




22
23
24
25

v

Table 1.2.—Gross National Product in Constant Dollars: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1947-76—
Continued
[Billions of 1972 dollars]
1974

1972

1975

1976

Line
IV

III

III

IV

III

IV

III

IV

1,157.2 1,178.5 1,193.1 1,214.8 1,247.1 1,249.0 1,256.8 1,267.0 1,254.7 1,256.3 1,248.6 1,232.4 [,206.3 1,221.0 1,248.4 1,259.7 1,287.2 1,295.8 1,303.3 [,315.4

Gross national product..

718.6

731.1

741.3

757.1

769.0

766.8

770.5

767.4

762.1

764.9

770.1

757.3

764.0

776.3

786.3

794.2

810.6

817.7

827.1

839.4

106.2
292.4
320.0

108.9
299.3
322.9

111.7
303.3
326.4

117.6
307.6
331.9

124.8
310.2
334.1

122.5
306.9
337.5

120.8
308.2
341.5

117.2
306.7
343.5

114.4
303.5
344.2

114.7
303.4
346.8

115.8
305.1
349.2

104.5
301.2
351.6

106.5
303.5
354.0

109.0
308.5
358.8

115.9
309.9
360.5

119.2
311.1
363.9

125.1
317.0
368.4

125.6
320.7
371.3

126.9
324.1
376.1

128.5
328.0
382.8

invest-

186.0

194.5

Fixed investment
Nonresidential
Structures
Producers' durable equipment.
Residential
Nonfarm structures
F a r m structures
Producers' durable equipment.
Change in business inventories
Nonfarm
Farm

179.7
117.3
43.5
73.8

182.5
119.1
43.9
75.1

184.0
120.4
44.0
76.3

193.0
127.2
45.2

199.7
132.8
45.9

202.0

193.1
140.3
46.6
93.6

188.3
138.2
45.2
93.0

160.1

135.2
41.8
93.5

158.1
117.8
37.6

165.5
119.6
38.5

171.4
122.0
39.2

86.8

198.1
140.7
47.9
92.9

171.5
129.1
40.8

82.1

201.6
140.5
48.3
92.1

182.6

138.3
47.3
90.9

81.1

82.8

174.4
124.1
39.4
84.6

177.3
127.4
39.8
87.7

183.9
128.9
39.5
89.4

62.4

63.4
61.2

61.6

58.8

57.4
54.8

52.8
50.0

50.1
47.0

47.4
44.6

42.4
39.7

45.9
43.1

49.4
46.8

50.3
48.1

49.9
47.6

55.0
52.3

.7
1.5

1.0
1.8

1.2

1.1

1.0
1.6

1.0

1.7

1.2
1.6

.6

1.8

1.1
1.6

.6

1.6

.5
1.7

.6

1.6

66.9
64.6
.7
1.7

61.1

.7
1.5

65.7
63.4
.7

63.7

60.2

63.7
61.3

1.7

1.7

1.7

6.3
5.5

12.1

12.8

16.0

12.7

3.7

13.2
13.7
-.5

7.7
7.8

-.1

-.1

-.4
1.4

-2.3
-3.6
1.3

10.0

12.3
.5

15.2
12.5
2.7

12.6

11.3

9.7
9.3
.4

-1.2

11.3
14.3
-3.0

7.3
8.7
-1.4

2.4
4.3
-1.9

26.2

27.8

102.4

108.1

107.5
81.3

106.9
79.1

111.9
88.5

Personal
tures.

consumption

expendi-

Durable goods
goods..
Nondurable goods..
Services
Gross private
ment.

domestic

.8

2.4
78.2
75.8

82.5
79.6

253.2

74.9
76.9

Government purchases of goods
and services.

252.6

104.3
75.4
29.0
150.2

Federal
National defense..
Nondefense
State and local

103.3
74.4
28.9
150.0

101.0
72.3
28.7
151.6

.1

2.9

74.2
74.6

Net exports of goods and services .
ExportsImports..

15.9

1.7
13.8

23.7

11.2
2.6

20.0

13.8

80.2

162.3
119.2
38.3
80.9

39.4
37.3
.5

40.3
38.2
.5

43.1
40.7
.9

1.6

1.6

1.6

12.9 - 1 4 . 3 - 1 1 . 3
13.3 - 1 5 . 6 - 1 2 . 2
-.5
1.3

1.0

88.2

95.9
82.1

80.4

81.2

79.8

111.5
82.5

254.6
98.1
70.5
27.6
154.0

91.0
83.3

251.2

251.4

256.6

258.1

261.6

262.0

94.9
69.1
25.8
156.3

93.5
66.7
26.8
157.9

96.3
67.2
29.1
160.3

95.3

96.9
67.3
29.5
164.7

96.8
66.4
30.4
165.1

97.5
67.3
30.2
165.5

11.2

263.0

98.9
70.4

120.7
38.6
82.2

28.6

155.7

66.6

28.7
162.7

104.0
71.9

100.3

102.5
71.7

107.4
75.1

107.6
80.9

109.3
83.3

111.6

66.8

96.8
66.4
30.5
167.5

96.5
65.7
30.8
167.9

98.1
67.1
31.1
169.9

98.2
66.5
31.6
171.7

96.5
65.0
31.6
172.0

96.3
63.9
32.5
170.1

96.8
65.3
31.5
169.2

86.0

97.4
65.6
31.8
168.8

NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1.

Table 1.3.—Gross National Product by Major Type of Product: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates,
1947-76
[Billions of dollars]
Line

1929

1930

1931

1932

1933

1934

1935

1936

1937

1938

1939

1940

1941

1942

1943

1944

Gross national product

1

103.4

90.7

76.1

58.3

55.8

65.3

72.5

82.7

90.9

85.0

90.9

100.0

125.0

158.5

192.1

210.6

Final sales
Change in business inventories

2
3

101.7
1.7

91.1
-.4

77.2
-1.1

60.8
-2.5

57.4
-1.6

66.0
-.7

71.4
1.1

81.5
1.3

88.3
2.5

85.9
-.9

90.5
.4

97.8
2.2

120.6
4.5

156.7
1.8

192.8
-.6

211.6
-1.0

4

56.1

47.0

37.5

26.8

27.0

34.4

39.9

45.8

51.5

45.3

49.0

56.0

72.5

93.7

120.4

132.3

5
6

54.4
1.7

47.3
-.4

38.6
-1.1

29.2
-2.5

28.6
-1.6

35.2
-.7

38.8
1.1

44.6
1.3

49.0
2.5

46.2
-.9

48.6
.4

53.8
2.2

68.0
4.5

91.9
1.8

121.0
-.6

133.3
-1.0

7
8
9

17.5
16.1
1.4

11.4
12.5
-1.0

7.7
9.0
-1.2

3.6
5.7
-2.0

4.9
5.4
-.5

7.4
7.3
.1

9.3
8.9
.3

12.2
11.2
.9

13.9
13.1
.8

9.9
10.8
-.9

12.7
12.4
.3

16.6
15.4
1.2

26.8
23.8
3.1

35.5
34.5
1.0

54.2
54.2
.0

57.9
58.5
-.6

10
11
12

38.6
38.3
.3

35.6
34.9
.7

29.8
29.7
.1

23.1
23.6
-.4

22.1
23.2
-1.1

27.0
27.9
-.9

30.6
29.9
.7

33.7
33.3
.3

37.6
35.8
1.8

35.4
35.5
.0

36.3
36.2
.1

39.4
38.4
1.0

45.6
44.2
1.4

58.1
57.4
.7

66.2
66.8
-.6

74.4
74.8
-.3

Services

13

35.9

34.5

31.9

27.7

25.9

27.3

28.5

31.3

32.7

33.5

34.4

35.7

40.8

50.8

63.0

72.3

Structures

14

11.4

9.2

6.7

3.8

2.9

3.5

4.0

5.6

6.7

6.2

7.5

8.3

11.8

14.0

8.7

6.1

15
16

102.3
100.6

89.7
90.0

75.6
76.7

57.9
60.4

55.5
57.0

64.7
65.4

72.4
71.3

82.6
81.4

90.4
87.9

83.7
84.6

89.7
89.3

98.3
96.1

123.6
119.1

158.3
156.5

194.0
194.7

212.3
213.3

Goods
Final sales
Change in business inventories
Durable goods
Final sales
Change in business inventories
Nondurable goods
Final sales
Change in business inventories

1

1

Addenda:
Gross domestic purchases 2
Final sales to domestic purchasers




2

Table 1.3.—Gross National Product by Major Type of Product: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates,
1947-76—Continued
[Billions of dollars]
Line

1945

1947

1946

1948

1949

1950

1951

1952

1953

1954

1956

1955

1957

1959

1958

1960

Gross national product

1

212.4

209.8

233.1

259.5

258.3

286.5

330.8

348.0

366.8

366.8

400.0

421.7

444.0

449.7

487.9

506.5

Final sales
Change in business inventories

2
3

213.5
-1.0

203.5
6.4

233.5
-.5

254.8
4.7

261.4
-3.1

279.7
6.8

320.5
10.3

344.8
3.1

366.3
.4

368.4
-1.5

394.1
6.0

417.0
4.7

442.6
1.3

451.2
-1.5

482.2
5.7

503.6
3.0

4

128.9

125.3

139.8

154.4

147.7

162.4

189.5

194.6

203.1

196.1

214.5

223.3

232.3

228.2

248.5

254.2

5
6

129.9
-1.0

118.9
6.4

140.3
-.5

149.7
4.7

150.8
-3.1

155.6
6.8

179.2
10.3

191.5
3.1

202.7
.4

197.6
-1.5

208.5
6.0

218.6
4.7

231.0
1.3

229.7
-1.5

242.9
5.7

251.3
3.0

7
8
9

48.9
50.1
-1.3

37.2
31.8
5.3

45.9
44.4
1.4

49.0
48.0
1.0

48.2
50.0
-1.8

59.8
56.2
3.6

72.5
66.4
6.1

73.7
72.5
1.2

79.3
77.8
1.5

71.3
73.9
-2.5

84.8
81.4
3.4

88.0
85.9
2.1

91.8
91.3
.5

81.6
84.4
-2.8

93.9
90.8
3.1

94.9
93.3
1.6

10
11
12

80.0
79.8
.2

88.1
87.1
1.1

93.9
95.9
-1.9

105.3
101.7
3.7

99.6
100.9
-1.3

102.6
99.4
3.2

117.0
112.8
4.2

120.9
119.0
2.0

123.8
124.9
-1.1

124.7
123.7
1.0

129.7
127.1
2.6

135.2
132.7
2.6

140.5
139.6
.8

146.6
145.3
1.3

154.7
152.1
2.5

159.3
158.0
1.3

Services

13

77.0

68.8

71.6

77.2

82.2

88.5

103.5

113.9

121.6

126.2

136.1

146.2

158.7

167.7

179.8

193.8

Structures

14

6.5

15.7

21.7

28.0

28.4

35.6

37.8

39.4

42.0

44.5

49.5

52.2

53.0

53.8

59.5

58.5

15
16

212.9
214.0

202.0
195.6

221.1
221.6

252.6
247.9

251.8
254.9

284.3
277.5

326.3
316.0

344.8
341.7

365.5
365.1

364.3
365.9

397.0
391.1

416.4
411.7

436.7
435.3

446.4
447.9

486.5
480.8

501.0
498.1

Goods
Final sales
Change in business inventories
Durable goods
Final sales
Change in business inventories
Nondurable goods
Final sales
Change in business inventories

1

1

Addenda:
Gross domestic purchases 2
Final sales to domestic purchasers 2

Line

1962

1961

1964

1963

1965

1967

1966

1968

1969

1970

1971

1972

1973

1974

1975

1976

Gross national product

1

524.6

565.0

596.7

637.7

691.1

756.0

799.6

873.4

944.0

992.7

1,077.6

1,185.9

1,326.4

1,434.2

1,549.2

1,718.0

Final sales
Change in business inventories

2
3

522.2
2.3

558.8
6.3

590.7
6.0

632.1
5.6

681.2
9.9

741.9
14.1

789.3
10.3

865.5
7.9

934.2
9.8

989.5
3.2

1,070.0
7.7

1,175.7
10.2

1,307.9
18.5

1,420.1
14.1

1,556.1
-6.9

1,706.2
11.8

4

257.4

278.5

290.3

309.8

338.4

375.0

389.4

421.3

450.2

459.9

485.3

529.6

604.1

646.7

694.0

771.1

5
6

255.0
2.3

272.2
6.3

284.3
6.0

304.2
5.6

328.5
9.9

360.9
14.1

379.1
10.3

413.4
7.9

440.4
9.8

456.6
3.2

477.7
7.7

519.4
10.2

585.6
18.5

632.5
14.1

700.9
-6.9

759.3
11.8

7
8
9

92.6
92.7
-.1

106.3
102.9
3.4

112.1
109.4
2.7

122.9
118.9
4.0

138.3
131.6
6.7

157.2
147.0
10.2

159.0
153.5
5.5

172.6
167.9
4.7

185.0
178.5
6.4

179.1
179.2
-.1

189.9
187.1
2.8

214.6
207.4
7.2

250.8
237.6
13.1

262.7
250.7
12.0

271.0
279.4
-8.4

320.2
312.5
7.7

10
11
12

164.8
162.4
2.4

172.2
169.3
2.8

178.2
174.9
3.3

186.9
185.3
1.6

200.1
196.9
3.2

217.8
213.9
3.9

230.4
225.6
4.9

248.6
245.5
3.1

265.2
261.9
3.4

280.7
277.5
3.3

295.4
290.6
4.8

315.1
312.0
3.0

353.3
348.0
5.3

384.0
381.8
2.2

423.0
421.5
1.5

450.9
446.7
4.2

Services

13

207.0

222.0

237.1

255.0

273.3

299.0

326.5

358.2

391.9

429.9

472.0

519.0

571.5

636.1

705.2

779.3

Structures

14

60.2

64.5

69.3

72.9

79.3

82.0

83.6

94.0

101.8

102.9

120.3

137.3

150.8

151.4

150.0

167.6

15
16

517.9
515.6

558.7
552.4

589.1
583.2

627.7
622.0

682.3
672.4

749.5
735.4

793.3
782.9

869.1
861.3

939.8
930.0

986.1
982.9

1,073.5
1,065.9

1,185.2
1,175.0

1,312.2
1,293.7

1,420.8
1,406.7

1,522.4
1,529.3

1,704.2
1,692.4

Goods
Final sales
Change in business inventories
Durable goods
Final sales
Change in business inventories
Nondurable goods
Final sales
Change in business inventories

1

1

Addenda:
Gross domestic purchases 2
Final sales to domestic purchasers 2

1947
Liine

I

II

1948
III

IV

I

II

1949
III

IV

I

II

1950
III

IV

I

II

1951
III

IV

I

II

III

IV

Gross national product

1

225.1

229.3

233.6

244.0

250.0

257.5

264.5

265.9

260.5

257.0

258.9

256.8

267.6

277.1

294.8

306.3

320.4

328.3

335.0

339.2

Final sales
Change in business inventories

2
3

224.7
.4

230.3
-1.0

236.4
-2.7

242.5
1.4

246.7
3.3

252.3
5.1

258.4
6.1

261.5
4.3

260.5
.0

262.3
-5.3

260.6
-1.7

262.0
-5.3

265.2
2.4

272.3
4.8

289.9
4.9

291.2
15.1

309.9
10.5

313.1
15.2

324.7
10.4

334.1
5.1

4

135.2

137.8

139.9

146.3

150.0

153.3

157.3

156.9

151.8

147.4

148.0

143.7

150.5

155.7

167.6

175.7

184.4

188.6

191.5

193.5

5
6

134.8
.4

138.8
-1.0

142.6
-2.7

144.9
1.4

146.7
3.3

148.2
5.1

151.2
6.1

152.6
4.3

151.8
.0

152.7
-5.3

149.7
-1.7

149.0
-5.3

148.1
2.4

150.9
4.8

162.8
4.9

160.6
15.1

173.9
10.5

173.4
15.2

181.2
10.4

188.4
5.1

7
8
9

45.1
42.7
2.4

45.4
44.1
1.3

47.4
44.9
2.5

45.5
46.0
-.5

48.3
47.5
.8

47.4
46.8
.6

49.5
48.5
.9

50.3
49.3
1.0

49.1
48.9
.2

46.8
50.7
-3.9

50.8
50.3
.4

45.9
49.9
-4.0

49.4
50.1
-.7

56.0
52.5
3.4

64.8
62.6
2.2

69.4
59.5
9.9

69.2
64.6
4.6

73.0
63.2
9.8

74.7
66.8
7.9

73.1
71.0
2.1

10
11
12

90.1
92.1
-2.0

92.4
94.7
-2.3

92.5
97.7
-5.2

100.8
98.9
1.9

101.7
99.2
2.5

105.9
101.4
4.5

107.8
102.6
5.1

106.6
103.3
3.3

102.7
103.0
-.2

100.6
102.0
-1.4

97.2
99.4
-2.1

97.9
99.1
-1.2

101.1
98.0
3.1

99.7
98.4
1.3

102.8
100.1
2.7

106.3
101.2
5.1

115.2
109.3
5.9

115.6
110.2
5.4

116.9
114.4
2.5

120.4
117.4
3.0

Services

13

70.6

71.9

71.6

72.3

73.9

76.0

78.2

80.6

81.2

82.0

82.5

82.9

85.0

86.6

89.5

92.8

97.6

102.0

106.2

108.3

Structures

14

19.3

19.7

22.2

25.4

26.0

28.2

29.0

28.3

27.5

27.5

28.4

30.1

32.1

34.8

37.6

37.8

38.4

37.7

37.3

37.4

15
16

213.3
212.8

217.0
218.0

220.8
223.5

233.4
232.0

241.3
238.0

250.8
245.7

258.0
251.9

259.9
255.6

252.6
252.6

249.3
254.7

252.5
254.2

252.7
257.9

264.2
261.8

274.2
269.4

293.9
289.0

304.8
289.8

318.7
308.2

324.5
309.2

329.3
318.9

332.9
327.8

Goods
Final sales
Change in business inventories
Durable goods
Final sales
Change in business inventories

1

Nondurable goods
Final sales
Change in business inventories 1

Addenda:
Gross domestic purchases 2
Final sales to domestic purchasers 2




Table 1.3.—Gross National Product by Major Type of Product: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates,
1947-76—Continued
[Billions of dollars]
1952
I

III

II

IV

I

II

1955

1954

1953

Line

III

IV

I

II

III

IV

I

1956
III

II

IV

I

III

II

IV

Gross national product

1

341.9

342.1

347.8

360.0

366.1

369.4

368.4

363.1

362.5

362.3

366.7

375.6

388.2

396.2

404.8

411.0

412.8

418.4

423.5

432.1

Final sales
Change in business inventories

2
3

336.7
5.2

344.4
-2.3

343.5
4.3

354.6
5.4

363.7
2.4

366.3
3.2

367.7
.7

367.6
-4.5

365.1
-2.5

365.1
-2.7

368.9
-2.2

374.3
1.3

383.5
4.6

390.1
6.1

398.7
6.0

404.0
7.1

406.8
6.0

414.1
4.3

419.4
4.1

427.7
4.3

4

192.7

189.7

193.2

202.8

204.3

205.6

204.0

198.5

197.0

193.3

194.0

200.0

205.7

212.6

217.9

221.7

220.1

221.8

223.7

227.5

Final sales
Change in business inventories

5
6

187.5
5.2

192.1
-2.3

189.0
4.3

197.4
5.4

201.9
2.4

202.5
3.2

203.3
.7

203.0
-4.5

199.5
-2.5

196.0
-2.7

196.1
-2.2

198.7
1.3

201.1
4.6

206.5
6.1

211.9
6.0

214.6
7.1

214.1
6.0

217.5
4.3

219.6
4.1

223.2
4.3

Durable goods
Final sales
Change in business inventories 1

7
8
9

74.4
72.0
2.4

71.5
73.6
-2.1

69.2
68.7
.6

79.5
75.8
3.7

81.1
77.4
3.8

80.8
77.8
3.0

81.5
78.5
2.9

73.8
77.4
-3.6

71.0
74.7
-3.7

70.2
74.0
-3.8

70.1
72.6
-2.6

74.0
74.1
-.2

78.8
76.4
2.4

84.5
80.4
4.1

87.2
84.5
2.7

88.7
84.3
4.4

87.5
83.1
4.3

87.4
85.4
2.0

86.9
86.6
.3

90.5
88.6
1.9

Nondurable goods
Final sales
Change in business inventories 1

10
11
12

118.3
115.5
2.8

118.2
118.5
-.2

124.0
120.3
3.7

123.3
121.6
1.7

123.2
124.5
-1.3

124.8
124.6
.2

122.6
124.8
-2.3

124.8
125.7
-.9

126.0
124.8
1.1

123.1
122.0
1.1

123.9
123.5
.4

126.0
124.6
1.4

126.9
124.6
2.3

128.1
126.1
2.0

130.8
127.4
3.3

133.0
130.3
2.7

132.6
130.9
1.7

134.4
132.1
2.3

136.8
133.0
3.8

137.1
134.6
2.4

13

110.9

113.3

115.1

116.4

119.9

121.7

122.5

122.5

122.9

125.3

127.6

129.2

133.8

133.8

136.9

139.8

142.0

144.4

146.8

151.7

42.7

43.7

45.2

46.4

48.6

49.7

50.0

49.6

50.7

52.2

52.9

52.8

360.9
363.4

360.1
362.8

364.1
366.3

372.1
370.8

384.6
380.0

393.9
387.8

401.5
395.5

408.2
401.1

409.4
403.4

413.5
409.2

417.8
413.7

424.8
420.5

Goods

Services

14

Structures

38.4

39.0

39.5

40.8

41.9

42.1

41.9

42.1

15
16

336.2
331.0

338.1
340.5

345.8
341.5

359.0
353.6

364.8
362.4

368.6
365.4

367.1
366.4

361.6
366.1

III

IV

Addenda:
Gross domestic purchases 2
Final sales to domestic purchasers 2

1957

1958

Line
I

II

I

1959
III

II

IV

I

II

1960
III

IV

I

II

1961
III

IV

I

III

II

IV

Gross national product

1

440.2

442.3

449.4

444.0

436.8

440.7

453.9

467.0

477.0

490.6

489.0

495.0

506.9

506.3

508.0

504.8

508.2

519.2

528.2

542.6

Final sales
Change in business inventories

2
3

438.1
2.1

440.0
2.3

446.3
3.2

446.2
-2.2

442.2
-5.4

445.8
-5.1

453.8
.1

462.8
4.1

472.8
4.2

480.4
10.2

487.6
1.4

488.2
6.8

496.4
10.5

503.4
2.8

505.4
2.6

509.0
-4.2

511.4
-3.2

517.7
1.5

523.1
5.2

536.7
5.8

4

232.7

231.9

236.2

228.3

221.4

222.2

230.5

238.3

242.9

252.2

247.6

251.6

258.4

255.9

255.1

247.5

246.9

254.9

260.2

267.4

Final sales
Change in business inventories

5
6

230.6
2.1

229.6
2.3

233.0
3.2

230.6
-2.2

226.9
-5.4

227.3
-5.1

230.4
.1

234.2
4.1

238.6
4.2

242.0
10.2

246.1
1.4

244.7
6.8

247.9
10.5

253.1
2.8

252.4
2.6

251.7
-4.2

250.1
-3.2

253.4
1.5

255.1
5.2

261.6
5.8

Durable goods
Final sales
Change in business inventories 1

7
8
9

93.0
92.1
1.0

93.5
91.1
2.3

94.4
91.9
2.5

87.5
90.2
-2.7

78.5
84.7
-6.2

77.4
82.9
-5.5

82.6
83.6
-1.0

87.9
86.4
1.6

92.3
88.9
3.4

98.2
90.9
7.3

91.4
93.1
-1.7

93.7
90.1
3.5

101.3
92.4
8.9

95.6
94.9
.7

94.4
93.9
.5

88.5
92.0
-3.4

83.2
89.1
-5.9

90.2
91.5
-1.3

95.7
92.8
2.9

101.1
97.2
3.9

Nondurable goods
Final sales
Change in business inventories 1

10
11
12

139.7
138.6
1.1

138.4
138.5
.0

141.8
141.1
.7

140.9
140.4
.5

143.0
142.1
.9

144.9
144.4
.5

148.0
146.8
1.1

150.4
147.8
2.6

150.6
149.7
.8

154.0
151.1
2.8

156.1
153.0
3.1

157.9
154.6
3.3

157.1
155.5
1.6

160.3
158.2
2.1

160.7
158.6
2.2

158.9
159.7
-.7

163.6
161.0
2.7

164.7
161.8
2.8

164.5
162.2
2.3

166.3
164.4
1.9

Services

13

154.4

157.5

160.3

162.7

163.0

166.5

169.6

171.7

174.6

177.7

181.5

185.4

188.7

192.6

195.1

198.7

201.6

205.7

207.8

212.8

Structures

14

53.0

52.9

53.0

52.9

52.4

52.0

53.7

57.0

59.5

60.7

59.9

58.0

59.8

57.8

57.9

58.7

59.8

58.6

60.1

62.4

15
16

432.1
430.1

434.7
432.3

442.1
438.9

437.9
440.1

432.9
438.4

437.5
442.6

450.3
450.2

464.5
460.4

475.9
471.7

490.2
480.0

486.9
485.5

492.9
486.1

503.1
492.6

501.6
498.8

501.9
499.3

497.6
501.7

500.4
503.7

512.8
511.3

522.2
517.0

536.3
530.5

III

IV

Goods

Addenda:
Gross domestic purchases 2
Final sales to domestic purchasers 2 ,

1962
Line

I

II

1963
III

IV

I

II

1964
III

IV

I

II

1965
III

IV

I

II

1966
III

IV

I

II

Gross national product

1

554.2

562.7

568.9

574.3

582.0

590.7

601.8

612.4

625.3

634.0

642.8

648.8

668.8

681.7

696.4

717.2

738.5

750.0

760.6

774.9

Final sales
Change in business inventories

2
3

546.0
8.3

556.4
6.4

562.9
5.9

569.8
4.5

576.3
5.7

584.6
6.1

595.3
6.5

606.8
5.6

619.9
5.4

628.2
5.9

638.3
4.5

642.1
6.7

656.5
12.3

672.2
9.5

687.2
9.2

708.7
8.5

725.4
13.1

735.4
14.5

749.3
11.3

757.3
17.6

4

275.2

277.4

279.9

281.4

285.0

287.2

292.2

296.9

304.0

308.4

312.6

314.4

328.4

332.9

340.2

352.1

366.8

372.2

375.4

385.5

5
6

267.0
8.3

271.0
6.4

274.0
5.9

276.9
4.5

279.3
5.7

281.1
6.1

285.7
6.5

291.3
5.6

298.6
5.4

302.5
5.9

308.1
4.5

307.7
6.7

316.1
12.3

323.3
9.5

331.0
9.2

343.6
8.5

353.7
13.1

357.6
14.5

364.1
11.3

367.9
17.6

7
8
9

105.4
100.2
5.2

105.7
102.8
2.9

107.4
103.6
3.9

106.7
105.0
1.7

108.4
105.8
2.6

112.0
108.4
3.6

112.7
110.0
2.7

115.4
113.5
1.9

120.4
116.6
3.8

122.6
118.3
4.2

124.5
121.0
3.5

124.3
119.7
4.6

135.9
126.4
9.5

135.9
129.0
6.9

139.6
133.0
6.6

141.9
138.1
3.7

152.7
144.2
8.5

154.6
144.5
10.1

158.1
148.6
9.5

163.2
150.6
12.6

10
11
12

169.8
166.8
3.0

171.7
168.2
3.5

172.5
170.5
2.1

174.7
171.9
2.7

176.6
173.5
3.1

175.2
172.7
2.5

179.5
175.7
3.8

181.5
177.8
3.7

183.6
182.0
1.6

185.8
184.2
1.6

188.1
187.1
1.0

190.1
188.0
2.1

192.6
189.7
2.8

196.9
194.4
2.6

200.6
198.0
2.6

210.3
205.5
4.8

214.1
209.5
4.6

217.6
213.1
4.5

217.3
215.5
1.8

222.3
217.3
5.0

Services

13

216.5

220.7

223.4

227.5

230.9

234.4

239.0

244.1

249.0

252.9

257.1

261.2

264.8

269.9

275.9

282.8

288.1

294.8

303.2

310.0

Structures

14

62.5

64.7

65.5

65.4

66.0

69.1

70.6

71.4

72.3

72.8

73.1

73.2

75.7

79.0

80.3

82.3

83.6

82.9

82.0

79.4

15
16

548.5
540.3

555.8
549.4

562.1
556.2

568.3
563.8

575.7
570.0

582.8
576.8

594.4
588.0

603.6
598.0

614.6
609.2

624.6
618.7

632.7
628.2

638.8
632.0

661.0
648.7

671.8
662.2

687.2
678.0

709.1
700.6

731.0
718.0

743.2
728.7

754.9
743.6

768.7
751.1

Goods
Final sales
Change in business inventories
Durable goods
Final sales
Change in business inventories
Nondurable goods
Final sales
Change in business inventories

1

1

Addenda:
Gross domestic purchases 2
Final sales to domestic purchasers 2




Table 1.3.—Gross National Product by Major Type of Product: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates,
1947-76—Continued
[Billions of dollars]
1967
I
Gross national product

1968
III

II

IV

I

II

1970

1969
III

IV

I

III

II

IV

I

II

1971
III

IV

I

II

III

IV

1

Goods

780.7

788.6

805.7

823.3

841.2

867.2

884.9

900.3

921.2

937.4

955.3

962.0

972.0

986.3 1,003.6 1,009.0 1,049.3 1,068.9 1,086.6 1,105.8

2
3

Final sales
Change in business inventories

768.4
12.4

782.7
6.0

795.6
10.2

810.4
12.8

836.6
4.6

856.5
10.7

876.3
8.5

892.6
7.7

910.8
10.4

927.1
10.4

943.1
12.3

955.7
6.3

970.5
1.6

981.9
4.4

997.6 1,008.1 1,038.7 1,059.0 1,079.7 1,102.4
6.0
.9
9.9
6.8
3.3
10.5

4

384.0

384.9

391.3

397.4

404.8

420.3

427.7

432.2

442.2

448.2

454.8

455.6

454.7

461.1

465.8

457.8

480.2

482.6

486.7

491.8

Final sales
Change in business inventories

5
6

371.7
12.4

379.0
6.0

381.2
10.2

384.5
12.8

400.2
4.6

409.6
10.7

419.1
8.5

424.5
7.7

431.8
10.4

437.8
10.4

442.6
12.3

449.3
6.3

453.2
1.6

456.7
4.4

459.8
6.0

456.8
.9

469.7
10.5

472.6
9.9

479.9
6.8

488.5
3.3

Durable goods
Final sales
Change in business inventories 1

7
8
9

156.2
149.9
6.3

157.2
154.5
2.7

159.0
154.0
5.0

163.5
155.6
7.8

165.3
162.8
2.4

172.0
165.3
6.7

174.0
170.2
3.8

179.2
173.3
5.9

183.9
177.0
6.8

183.1
176.9
6.2

186.8
179.1
7.7

186.1
181.1
5.1

180.1
180.2
.0

181.0
181.3
-.4

186.1
181.8
4.3

169.2
173.4
-4.2

189.4
183.5
5.9

190.1
185.1
5.0

190.6
187.2
3.4

189.6
192.6
-3.0

Nondurable goods
Final sales
Change in business inventories 1

10
11
12

227.8
221.8
6.0

227.7
224.4
3.3

232.3
227.2
5.1

233.9
228.9
5.0

239.5
237.4
2.1

248.3
244.3
4.0

253.7
249.0
4.7

253.0
251.2
1.8

258.3
254.8
3.5

265.1
260.9
4.2

268.1
263.5
4.6

269.5
268.2
1.2

274.6
273.0
1.6

280.2
275.4
4.8

279.6
277.9
1.7

288.6
283.5
5.1

290.9
286.2
4.7

292.5
287.6
4.9

296.1
292.7
3.4

302.2
295.9
6.3

Services

13

316.5

321.6

329.9

338.2

345.4

353.6

363.2

370.5

378.0

386.5

397.2

405.9

417.1

425.2

434.2

443.2

456.8

467.4

476.7

487.1

Structures

14

80.2

82.1

84.5

87.7

91.0

93.3

94.0

97.6

101.0

102.7

103.2

100.5

100.2

100.0

103.6

108.0

112.2

118.9

123.1

126.9

15
16

773.8
761.4

781.9
776.0

799.5
789.3

818.0
805.1

837.1
832.5

862.3
851.7

880.5
872.0

896.6
888.9

917.3
907.0

933.7
923.3

951.5
939.2

956.7
950.4

965.5
964.0

978.2
973.8

997.0 1,003.5 1,041.9 1,065.4 1,082.7 1,104.0
991.0 1,002.6 1,031.4 1,055.5 1,075.9 1,100.7

in

IV

III

IV

Addenda:
Gross domestic purchases 2
Final sales to domestic purchasers 2

1973

1972

1974

1975

Line
I
Gross national product

II

I

II

III

IV

I

'

II

I

II

1976
III

IV

I

II

HI

IV

1

Goods

1,142.4 1,171.7 1,196.1 1,233.5 1,283.5 1,307.6 1,337.7 1,376.7 1,387.7 1,423.8 1,451.6 1,473.8 1,479.8 1,516.7 1,578.5 1,621.8 1,672.0 1,698.6 1,729.0 1,772.5

2
3

Final sales
Change in business inventories

1,136.1 1,159.7 1,183.2 1,223.7 1,267.2 1,292.2 1,322.6 1,349.6 1,375.0 1,406.1 1,440.8 1,458.4 1,494.1 1,531.3 1,576.5 1,622.5 1,656.7 1,681.3 1,717.5 1,769.2
6.3
12.0
12.8
16.3
15.4
15.1
27.1
12.7
17.7
9.8
10.7
15.4 - 1 4 . 3 - 1 4 . 6
2.1
-.8
15.3
17.3
11.4
3.3

4

504.5

524.5

536.7

552.8

584.2

593.1

605.0

634.0

626.9

642.5

655.2

662.1

676.7

713.7

728.1

757.0

766.0

775.7

785.6

Final sales
Change in business inventories

5
6

498.2
6.3

512.4
12.0

523.9
12.8

543.0
9.8

567.9
16.3

577.8
15.4

589.9
15.1

606.8
27.1

614.2
12.7

624.8
17.7

644.4
10.7

646.6 671.9 691.3
15.4 - 1 4 . 3 - 1 4 . 6

711.6
2.1

728.9
-.8

741.7
15.3

748.7
17.3

764.3
11.4

782.4
3.3

Durable goods
Final sales
Change in business inventories 1

7
8
9

202.2
197.8
4.5

209.9
203.4
6.5

216.8
209.3
7.5

229.3
219.0
10.4

244.3
232.8
11.6

250.0
237.8
12.2

254.0
239.3
14.6

254.7
240.5
14.2

254.7
243.6
11.2

254.8
248.6
6.2

270.5
257.3
13.2

270.7 251.0
253.2 261.6
17.4 - 1 0 . 6

266.4
274.4
-7.9

281.2
286.2
-5.0

285.6
295.4
-9.9

306.7
303.3
3.4

317.3
306.8
10.4

325.1
315.2
9.9

331.9
324.9
7.0

Nondurable goods
Final sales
Change in business inventories 1

10
11
12

302.2
300.4
1.8

314.5
309.0
5.5

320.0
314.6
5.4

323.5
324.1
-.6

339.9
335.1
4.7

343.1
340.0
3.2

351.1
350.6
.5

379.2
366.3
12.9

372.2
370.6
1.5

387.7
376.2
11.5

384.7
387.2
-2.4

391.4
393.4
-2.0

406.6
410.3
-3.7

410.2
416.9
-6.7

432.5
425.4
7.1

442.6
433.4
9.1

450.3
438.4
11.9

448.7
441.9
6.9

450.6
449.1
1.5

453.8
457.5
-3.8

Services

13

504.3

512.7

522.6

536.4

549.7

563.7

580.8

591.7

610.5

627.1

644.1

662.8

677.4

695.8

712.9

734.9

749.9

766.3

787.8

813.2

Structures

14

133.6

134.5

136.8

144.3

149.6

150.7

151.9

151.1

150.3

154.2

152.3

149.0

144.9

144.2

152.0

158.8

165.1

166.3

165.4

173.7

657.6

Addenda:
Gross domestic purchases 2
Final sales to domestic purchasers 2

15
16

1,142.6 1,172.0 1,194.7 1,231.4 1,276.5 1,296.1 1,319.2 1,356.9 1,365.6 1,412.1 1,443.8 1,461.8 1,454.2 1,488.2 1,553.7 1,593.6 1,653.6 1,683.6 1,716.7 1,763.1
1,136.4 1,160.0 1,181.8 1,221.6 1,260.2 1,280.8 1,304.1 1,329.8 1,352.9 1,394.4 1,433.1 1,446.3 1,468.5 1,502.9 1,551.6 1,594.4 1,638.3 1,666.2 1,705.3 1,759.8

1
Prior to 1959, inventories held by construction establishments are included in line 12.
2
Gross domestic purchases equals gross national product less exports plus imports; final sales to domestic purchasers equals final sales less exports plus imports.
NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1.

Table 1.4.—Gross National Product by Major Type of Product in Constant Dollars: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at
Annual Rates, 1947-76
[Billions of 1972 dollars]
Line
Gross national product

1929

1930

1931

1932

1933

1934

1935

1936

1937

1938

1939

1940

1941

1942

1943

1944

1

Goods

315.7

285.6

263.5

227.1

222.1

239.1

260.0

295.5

310.2

296.7

319.8

344.1

400.4

461.7

531.6

569.1

2
3

Final sales
Change in business inventories

311.0
4.6

286.1
-.5

266.5
-3.0

234.2
-7.2

227.0
-4.9

242.4
-3.3

257.1
2.9

291.7
3.8

303.9
6.3

299.3
-2.6

318.2
1.6

337.9
6.2

388.4
12.0

456.5
5.2

531.5
.1

571.4
-2.3

4

144.3

126.4

116.5

97.9

97.5

109.0

122.3

141.6

152.6

140.8

154.3

171.7

198.6

221.4

263.3

287.3

Final sales
Change in business inventories

5
6

139.7
4.6

126.9
-.5

119.6
-3.0

105.1
-7.2

102.3
-4.9

112.3
-3.3

119.4
2.9

137.8
3.8

146.2
6.3

143.4
-2.6

152.7
1.6

165.5
6.2

186.6
12.0

216.2
5.2

263.3
.1

289.6
-2.3

Durable goods
Final sales
Change in business inventories 1

7
8
9

44.0
40.4
3.5

29.4
32.1
-2.7

21.3
25.2
-3.9

10.8
17.4
-6.6

15.4
17.5
-2.1

22.1
21.8
.3

27.7
26.7
1.1

37.2
34.3
2.9

40.7
38.3
2.3

28.1
30.8
-2.7

36.2
35.5
.7

46.5
43.1
3.4

66.0
57.8
8.2

79.3
75.7
3.5

119.5
118.8
.7

134.1
135.9
-1.8

Nondurable goods
Final sales
Change in business inventories

10
11
12

100.3
99.3
1.1

97.0
94.8
2.2

95.3
94.4
.9

87.1
87.6
-.5

82.1
84.9
-2.8

86.9
90.5
-3.6

94.6
92.7
1.8

104.4
103.5
.9

111.9
107.9
4.0

112.7
112.6
.1

118.1
117.2
.9

125.2
122.4
2.8

132.6
128.7
3.8

142.2
140.5
1.7

143.9
144.4
-.6

153.2
153.7
-.5

Services

13

127.4

122.2

117.4

109.2

110.7

114.7

119.9

129.6

131.1

131.5

135.2

139.9

158.5

193.9

242.0

263.7

Structures

14

43.9

37.0

29.5

20.0

14.0

15.5

17.8

24.3

26.5

24.4

30.3

32.5

43.3

46.3

26.2

18.1

15
16

311.9
307.3

282.9
283.4

261.8
264.8

226.1
233.2

221.7
226.6

238.3
241.6

261.3
258.3

296.3
292.5

309.4
303.0

293.4
296.0

316.4
314.8

339.8
333.5

397.2
385.2

462.3
457.1

537.5
537.4

575.3
577.7

1

Addenda:
Gross domestic purchases 2
Final sales to domestic purchasers 2




Table 1.4.—Gross National Product by Major Type of Product in Constant Dollars: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at
Annual Rates, 1947-76—Continued
[Billions of 1972 dollars]
Line

1947

1946

1945

1948

1949

1950

1951

1953

1952

1954

1956

1955

1957

1958

1959

1960

Gross national product

1

560.4

478.3

470.3

489.8

492.2

534.8

579.4

600.8

623.6

616.1

657.5

671.6

683.8

680.9

721.7

737.2

Final sales
Change in business inventories

2
3

564.0
-3.6

466.1
12.2

470.6
-.2

484.3
5.5

496.6
-4.4

524.2
10.6

565.6
13.7

596.5
4.3

622.1
1.5

618.2
-2.2

649.8
7.7

665.8
5.8

682.2
1.5

682.7
-1.8

714.7
7.0

733.7
3.5

4

278.5

238.3

237.7

244.8

240.3

261.5

283.7

292.1

306.8

292.7

316.7

320.9

321.7

311.6

332.5

335.8

5
6

282.2
-3.6

226.2
12.2

237.9
-.2

239.4
5.5

244.7
-4.4

250.9
10.6

270.0
13.7

287.8
4.3

305.3
1.5

294.9
-2.2

309.0
7.7

315.1
5.8

320.2
1.5

313.4
-1.8

325.5
7.0

332.3
3.5

7
8
9

117.5
121.2
-3.7

71.2
60.3
10.8

76.9
75.5
1.4

78.9
77.3
1.6

75.4
78.3
-2.9

91.6
86.1
5.5

107.2
98.2
9.0

109.6
107.9
1.7

118.4
116.2
2.3

105.3
109.0
-3.7

121.7
117.2
4.5

120.8
117.8
2.9

120.3
119.4
.9

105.8
109.2
-3.4

117.5
113.6
3.9

117.6
115.6
2.0

10
11
12

161.0
161.0
.1

167.2
165.8
1.3

160.7
162.4
-1.6

165.9
162.1
3.8

164.8
166.4
-1.5

169.9
164.8
5.1

176.6
171.8
4.7

182.5
179.9
2.6

188.4
189.1
-.8

187.3
185.9
1.5

195.0
191.9
3.2

200.1
197.2
2.9

201.4
200.8
.6

205.8
204.3
1.6

215.0
211.9
3.1

218.2
216.6
1.6

Services

13

263.0

200.8

188.1

192.5

198.3

207.4

231.3

243.2

247.5

249.1

260.1

270.2

282.4

287.6

299.4

312.5

Structures

14

18.8

39.1

44.6

52.4

53.6

65.9

64.3

65.5

69.3

74.3

80.7

80.5

79.7

81.7

89.8

89.0

15
16

564.1
567.7

465.0
452.9

451.5
451.7

479.0
473.6

481.5
485.9

528.9
518.4

569.2
555.5

592.9
588.5

618.8
617.3

609.2
611.4

650.2
642.5

661.5
655.7

671.9
670.4

675.3
677.1

719.0
712.0

729.6
726.0

Goods
Final sales
Change in business inventories
Durable goods
Final sales
Change in business inventories
Nondurable goods
Final sales
Change in business inventories

1

1

Addenda:
Gross domestic purchases 2
Final sales to domestic purchasers 2

Line

1963

1962

1961

1964

1965

1966

1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

Gross national product

1

756.6

800.3

832.5

876.4

929.3

984.8

1,011.4

1,058.1

1,087.6

1,085.6

1,122.4

1,185.9

1,255.0

1,248.0

1,233.9

1,300.4

Final sales
Change in business inventories

2
3

753.7
3.0

792.4
7.8

825.0
7.5

869.3
7.1

917.5
11.8

968.0
16.8

999.2
12.2

1,049.1
9.0

1,076.6
11.1

1,081.8
3.8

1,114.3
8.1

1,175.7
10.2

1,237.8
17.2

1,236.4
11.6

1,240.6
-6.7

1,292.7
7.8

4

338.0

361.3

372.2

393.8

422.6

456.4

463.4

483.1

496.0

486.9

497.2

529.6

573.0

564.0

549.2

588.9

Final sales
Change in business inventories

5
6

335.0
3.0

353.5
7.8

364.7
7.5

386.7
7.1

410.8
11.8

439.6
16.8

451.2
12.2

474.1
9.0

484.9
11.1

483.2
3.8

489.1
8.1

519.4
10.2

555.8
17.2

552.4
11.6

555.9
-6.7

581.1
7.8

Durable goods
Final sales
Change in business inventories 1

7
8
9

114.6
114.7
-.1

129.9
125.7
4.2

135.8
132.5
3.4

148.1
143.0
5.1

165.4
157.2
8.2

186.3
174.0
12.3

184.9
178.3
6.6

192.8
187.4
5.4

200.2
193.0
7.2

187.5
187.5
.0

191.7
188.7
3.0

214.6
207.4
7.2

248.7
236.1
12.7

243.5
234.1
9.4

223.8
230.3
-6.4

248.2
242.8
5.4

Nondurable goods
Final sales
Change in business inventories 1

10
11
12

223.3
220.3
3.0

231.5
227.8
3.7

236.4
232.2
4.2

245.7
243.7
1.9

257.2
253.6
3.6

270.1
265.6
4.5

278.5
272.9
5.6

290.3
286.7
3.6

295.8
291.9
3.9

299.4
295.7
3.7

305.5
300.4
5.1

315.1
312.0
3.0

324.2
319.7
4.5

320.5
318.3
2.2

325.4
325.7
-.3

340.7
338.3
2.4

Services

13

326.9

341.5

356.2

374.0

390.7

412.6

434.1

453.0

469.2

482.4

497.8

519.0

542.9

563.0

576.4

595.6

Structures

14

91.7

97.4

104.1

108.6

116.0

115.9

113.9

122.0

122.5

116.3

127.3

137.3

139.1

121.0

108.3

116.0

15
16

748.2
745.2

792.8
784.9

823.1
815.6

863.6
856.5

919.2
907.4

978.4
961.6

1,006.1
993.9

1,056.2
1,047.2

1,086.7
1,075.7

1,081.7
1,077.9

1,120.8
1,112.7

1,185.2
1,175.0

1,239.5
1,222.3

1,220.2
1,208.6

1,201.7
1,208.4

1,275.0
1,267.2

Goods

Addenda:
Gross domestic purchases 2
Final sales to domestic purchasers 2

1947

1948

1949

1950

1951

.Line
I

II

III

IV

I

II

III

IV

I

II

III

IV

I

II

III

IV

I

II

III

IV

Gross national product

1

466.0

469.5

470.2

475.7

479.4

488.3

492.9

497.9

492.6

490.3

494.8

490.8

512.6

526.4

543.8

556.3

564.4

575.9

587.9

589.1

Final sales
Change in business inventories

2
3

465.9
.1

470.4
-.9

473.0
-2.9

473.0
2.7

475.4
4.1

482.7
5.6

486.0
6.9

492.6
5.3

492.9
-.3

497.4
-7.1

497.4
-2.5

498.4
-7.7

508.2
4.4

518.7
7.7

535.8
8.0

534.2
22.1

550.9
13.4

556.0
19.9

573.3
14.6

582.1
7.0

4

234.9

237.8

237.2

240.7

241.4

243.5

245.6

248.7

243.4

239.4

241.6

236.6

250.1

255.7

266.8

273.4

275.4

281.4

288.8

289.3

5
6

234.8
.1

238.8
-.9

240.1
-2.9

237.9
2.7

237.3
4.1

237.9
5.6

238.7
6.9

243.4
5.3

243.7
-.3

246.6
-7.1

244.2
-2.5

244.2
-7.7

245.7
4.4

248.0
7.7

258.8
8.0

251.3
22.1

262.0
13.4

261.4
19.9

274.2
14.6

282.3
7.0

7
8
9

77.2
75.1
2.1

76.9
75.3
1.6

78.5
75.4
3.1

75.1
76.3
-1.2

80.5
78.8
1.7

77.5
76.1
1.4

77.9
76.2
1.7

79.7
77.9
1.8

77.2
77.1
.1

73.5
79.3
-5.8

79.1
79.0
.0

72.0
77.9
-5.9

77.2
78.1
-.9

87.1
81.8
5.4

98.4
95.2
3.2

103.6
89.5
14.1

100.8
94.1
6.7

107.6
93.5
14.0

111.2
99.4
11.8

109.1
105.6
3.5

10
11
12

157.7
159.7
-2.0

160.9
163.5
-2.5

158.8
164.7
-5.9

165.6
161.7
3.9

160.9
158.5
2.4

166.0
161.8
4.2

167.7
162.5
5.2

169.0
165.5
3.5

166.2
166.6
-.4

166.0
167.3
-1.3

162.6
165.1
-2.6

164.6
166.3
-1.8

172.9
167.6
5.3

168.5
166.2
2.3

168.4
163.6
4.7

169.7
161.7
8.0

174.6
167.9
6.8

173.8
167.9
5.9

177.6
174.8
2.8

180.2
176.8
3.5

Services

13

189.3

190.3

187.8

185.3

188.0

191.5

193.6

196.9

198.1

199.2

198.8

197.0

201.1

205.1

208.5

214.9

222.4

230.0

235.9

237.0

Structures

14

41.8

41.4

45.1

49.7

50.0

53.3

53.7

52.3

51.1

51.6

54.4

57.2

61.4

65.6

68.5

68.0

66.5

64.6

63.2

62.8

15
16

446.6
446.5

449.5
450.4

450.2
453.0

459.7
457.0

466.4
462.3

477.9
472.4

483.0
476.0

488.2
482.9

480.1
480.4

478.2
485.4

484.1
486.6

483.4
491.0

505.8
501.4

519.6
511.9

539.5
531.5

550.7
528.6

558.0
544.5

566.4
546.4

575.7
561.1

576.6
569.7

Goods
Final sales
Change in business inventories
Durable goods
Final sales
Change in business inventories
Nondurable goods
Final sales
Change in business inventories

1

1

Addenda:
Gross domestic purchases 2
Final sales to domestic purchasers 2




Table 1.4.—Gross National Product by Major Type of Product in Constant Dollars: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at
Annual Rates, 1947-76—Continued
[Billions of 1972 dollars]
1953

1952
Line
I

III

II

IV

I

II

III

IV

I

II

1956

1955

1954
III

IV

I

III

II

IV

I

III

II

IV

1
Final sales
Change in business inventories

593.7

594.3

600.5

614.6

623.2

628.3

624.4

618.2

610.5

608.1

616.9

628.4

644.1

653.2

663.2

669.5

666.8

670.2

670.7

678.4

2
3

586.4
7.3

597.0
-2.7

595.1
5.4

607.4
7.2

619.2
3.9

623.2
5.1

622.5
1.9

623.2
-5.0

613.9
-3.4

612.2
-4.1

619.6
-2.7

627.0
1.5

638.2
5.9

645.2
8.0

655.4
7.8

660.2
9.2

659.3
7.5

664.7
5.5

665.9
4.9

673.0
5.4

4

289.1

286.4

290.9

302.0

306.2

310.2

307.6

302.9

294.3

287.0

290.4

298.9

304.4

315.1

321.6

325.9

321.8

321.0

319.4

321.4

Final sales
Change in business inventories

5
6

281.8
7.3

289.0
-2.7

285.4
5.4

294.8
7.2

302.3
3.9

305.1
5.1

305.7
1.9

307.9
-5.0

297.7
-3.4

291.1
-4.1

293.2
-2.7

297.4
1.5

298.5
5.9

307.0
8.0

313.8
7.8

316.7
9.2

314.3
7.5

315.5
5.5

314.5
4.9

316.1
5.4

Durable goods
Final sales
Change in business inventories 1

7
8
9

111.1
107.3
3.7

107.3
109.9
-2.6

103.4
102.5
.8

116.7
111.8
4.9

119.9
114.7
5.2

119.7
115.6
4.1

121.1
117.2
3.9

113.1
117.2
-4.1

105.7
110.7
-5.0

102.6
108.2
-5.6

104.3
107.9
-3.5

108.8
109.3
-.5

114.7
111.5
3.2

122.3
116.6
5.7

124.2
120.7
3.6

125.6
119.9
5.7

122.6
116.9
5.7

121.2
118.2
3.0

118.9
118.5
.5

120.4
117.9
2.6

Nondurable goods
Final sales
Change in business inventories 1

10
11
12

178.1
174.5
3.6

179.1
179.1
-.1

187.5
182.9
4.6

185.3
183.0
2.3

186.3
187.6
-1.2

190.5
189.5
1.0

186.5
188.5
-2.0

189.8
190.7
-.9

188.6
187.0
1.6

184.5
182.9
1.5

186.1
185.3
.8

190.2
188.2
2.0

189.7
187.0
2.7

192.7
190.4
2.3

197.4
193.1
4.2

200.4
196.8
3.5

199.2
197.4
1.8

199.8
197.3
2.5

200.4
196.0
4.4

201.0
198.2
2.8

Services

13

240.4

243.0

244.6

244.9

247.6

248.7

248.2

245.6

244.6

248.1

251.2

252.7

259.1

256.5

260.8

264.0

265.5

268.2

270.4

276.6

Structures

14

64.2

64.9

65.1

67.6

69.3

69.4

68.6

69.7

71.7

73.0

75.2

76.8

80.6

81.7

80.9

79.5

79.6

81.0

80.9

80.4

15
16

582.1
574.8

585.3
588.0

594.4
588.9

609.6
602.4

618.1
614.2

623.9
618.8

619.6
617.7

613.2
618.2

605.3
608.7

601.4
605.5

609.6
612.3

620.0
618.6

635.6
629.8

646.9
638.9

655.7
647.9

662.4
653.2

659.1
651.6

660.6
655.1

660.2
655.3

665.9
660.5

III

IV

Goods

Addenda:
Gross domestic purchases 2
Final sales to domestic purchasers 2

1958

1957
Line
I

II

I

II

1959
III

IV

I

II

1960
III

IV

I

1961
III

II

IV

I

II

III

IV

Gross national product

1

683.5

684.1

688.5

679.1

665.5

669.9

685.9

702.5

711.5

726.2

721.2

727.9

740.7

738.4

737.7

732.1

737.7

750.1

759.6

779.0

Final sales
Change in business inventories

2
3

681.0
2.5

681.2
2.9

684.8
3.7

682.1
-3.0

672.3
-6.8

676.1
-6.2

685.6
.3

697.2
5.3

706.0
5.5

713.6
12.6

719.8
1.4

719.2
8.7

728.0
12.7

735.1
3.3

734.3
3.4

737.4
-5.3

741.8
-4.1

748.3
1.8

753.2
6.5

771.3
7.7

4

324.6

322.8

325.0

314.4

302.9

303.6

314.8

325.1

327.1

337.5

330.0

335.5

342.9

338.3

336.5

325.6

325.3

335.1

341.0

350.5

Final sales
Change in business inventories

5
6

322.1
2.5

320.0
2.9

321.4
3.7

317.4
-3.0

309.7
-6.8

309.8
-6.2

314.5
.3

319.8
5.3

321.6
5.5

324.8
12.6

328.6
1.4

326.9
8.7

330.2
12.7

335.0
3.3

333.0
3.4

330.9
-5.3

329.4
-4.1

333.3
1.8

334.5
6.5

342.8
7.7

Durable goods
Final sales
Change in business inventories 1

7
8
9

122.4
121.2
1.2

122.4
119.5
2.9

122.9
119.9
3.0

113.7
117.0
-3.4

102.4
110.0
-7.6

100.9
107.6
-6.7

106.8
107.9
-1.1

113.1
111.1
2.0

116.2
111.9
4.3

122.7
113.7
9.0

113.7
116.1
-2.3

117.3
112.7
4.6

125.6
114.7
10.9

118.4
117.6
.8

116.8
116.1
.6

109.8
114.1
-4.4

103.8
111.1
-7.3

111.6
113.3
-1.7

118.3
114.6
3.7

124.7
119.8
5.0

Nondurable goods
Final sales
Change in business inventories 1

10
11
12

202.2
200.9
1.3

200.5
200.5
.0

202.1
201.5
.6

200.8
200.4
.4

200.5
199.6
.8

202.7
202.2
.6

208.0
206.5
1.5

212.0
208.7
3.3

210.9
209.7
1.2

214.8
211.1
3.6

216.3
212.6
3.7

218.2
214.2
4.1

217.3
215.5
1.8

219.9
217.4
2.5

219.7
216.9
2.8

215.9
216.7
-.9

221.5
218.3
3.2

223.4
220.0
3.5

222.6
219.9
2.7

225.8
223.0
2.8

Services

13

278.6

281.9

284.3

284.9

282.4

287.1

289.7

291.4

294.7

297.4

300.7

304.7

307.5

312.4

313.2

316.8

321.0

325.5

327.5

333.7

Structures

14

80.3

79.4

79.2

79.8

80.2

79.2

81.4

86.0

89.7

91.4

90.5

87.7

90.3

87.7

88.1

89.7

91.4

89.5

91.2

94.8

15
16

670.3
667.8

671.5
668.6

676.6
672.9

669.6
672.6

659.0
665.8

664.3
670.5

680.0
679.7

698.2
692.9

709.4
703.9

725.0
712.4

717.6
716.2

724.1
715.4

734.7
722.0

731.7
728.3

729.6
726.1

722.3
727.6

727.3
731.4

742.1
740.3

752.0
745.5

771.3
763.5

III

IV

Goods

Addenda:
Gross domestic purchases 2
Final sales to domestic purchasers 2

1963

1962
Line
I

II

I

II

1964
III

IV

I

II

1965
III

IV

I

II

1966
III

IV

I

II

III

IV

Gross national product

1

789.2

798.4

805.5

808.0

815.0

826.7

839.8

848.6

864.2

873.7

880.9

886.8

906.7

919.7

934.1

956.8

975.4

979.3

987.9

996.6

Final sales
Change in business inventories

2
3

778.8
10.4

790.4
8.1

797.9
7.5

802.6
5.3

807.6
7.4

818.8
7.9

831.7
8.0

841.9
6.7

857.3
6.9

866.3
7.4

875.4
5.5

878.2
8.6

891.9
14.8

908.3
11.3

923.1
11.0

946.7
10.0

959.8
15.6

962.2
17.1

974.3
13.6

975.8
20.8

4

358.5

360.1

363.4

363.3

366.5

369.4

374.0

378.9

387.2

392.6

396.5

398.8

412.8

415.5

423.9

438.2

451.6

453.3

456.8

464.0

Final sales
Change in business inventories

5
6

348.1
10.4

352.0
8.1

355.9
7.5

357.9
5.3

359.1
7.4

361.5
7.9

366.0
8.0

372.1
6.7

380.3
6.9

385.2
7.4

391.0
5.5

390.2
8.6

398.0
14.8

404.2
11.3

412.9
11.0

428.2
10.0

435.9
15.6

436.2
17.1

443.1
13.6

443.2
20.8

Durable goods
Final sales
Change in business inventories 1

7
8
9

129.6
123.0
6.6

129.6
126.0
3.6

131.0
126.4
4.7

129.3
127.6
1.7

131.6
128.2
3.4

135.8
131.2
4.6

136.5
133.2
3.3

139.4
137.2
2.2

145.3
140.5
4.8

147.8
142.3
5.4

149.4
145.1
4.2

150.0
143.9
6.1

162.2
150.6
11.6

162.2
153.7
8.5

167.2
159.0
8.2

170.2
165.7
4.5

182.6
172.3
10.3

183.9
171.9
12.1

187.1
175.5
11.6

191.6
176.4
15.2

Nondurable goods
Final sales
Change in business inventories 1

10
11
12

228.9
225.1
3.8

230.6
226.1
4.5

232.4
229.5
2.9

234.0
230.4
3.6

234.9
230.9
4.1

233.6
230.3
3.3

237.5
232.8
4.7

239.4
234.9
4.5

241.9
239.9
2.0

244.8
242.8
1.9

247.1
245.9
1.2

248.8
246.3
2.6

250.7
247.4
3.2

253.3
250.5
2.8

256.7
253.9
2.8

268.0
262.5
5.5

268.9
263.6
5.3

269.3
264.3
5.1

269.7
267.7
2.0

272.5
266.8
5.7

Services

13

336.0

340.7

343.2

346.2

349.3

353.5

359.3

362.8

368.2

372.2

375.8

379.7

382.4

387.8

393.3

399.2

403.3

409.1

415.8

422.1

Structures

14

94.7

97.7

98.8

98.5

99.2

103.8

106.5

107.0

108.7

108.9

108.5

108.3

111.4

116.4

116.9

119.3

120.6

116.9

115.4

110.5

15
16

782.6
772.1

790.0
781.9

797.5
789.9

801.0
795.6

807.6
800.1

817.1
809.2

830.5
822.5

837.3
830.6

850.1
843.3

861.4
854.0

868.1
862.7

874.5
865.8

897.7
882.9

908.5
897.2

923.4
912.4

947.0
937.0

967.2
951.6

972.2
955.1

982.8
969.2

991.2
970.4

Goods

Addenda:
Gross domestic purchases 2
Final sales to domestic purchasers 2




Table 1.4.—Gross National Product by Major Type of Product in Constant Dollars: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at
Annual Rates, 1947-76—Continued
[Billions of 1972 dollars]
1967

1968

1970

1969

1971

Line
I
Gross national product

III

II

IV

I

III

II

IV

I

III

II

IV

I

II

III

IV

I

II

IV

III

1

997.8 1,004.2 1,016.2 1,027.3 1,036.6 1,055.7 1,068.2 1,071.8 1,084.2 1,088.8 1,092.0 1,085.6 1,081.4 1,083.0 1,093.3 1,084.7 1,111.5 1,116.9 1,125.7 1,135.4

2
3

983.3
14.5

996.9 1,004.4 1,012.2 1,031.2 1,043.5 1,058.4 1,063.2 1,072.5 1,077.0 1,078.3 1,078.6 1,079.2 1,077.9 1,086.8 1,083.3 1,100.3 1,106.5 1,118.7 1,131.7
7.3
15.2
5.4
12.2
9.8
8.6
11.7
11.8
13.7
7.0
2.1
7.0
5.0
6.5
1.4
11.2
10.4
3.6
11.8

4

459.5

461.6

464.5

468.0

471.4

482.9

489.7

488.3

495.6

496.8

498.3

493.2

487.2

489.2

492.7

478.4

497.3

494.1

497.2

500.3

5
6

445.0
14.5

454.3
7.3

452.7
11.8

452.9
15.2

466.0
5.4

470.7
12.2

479.9
9.8

479.7
8.6

483.8
11.7

484.9
11.8

484.6
13.7

486.2
7.0

485.1
2.1

484.2
5.0

486.3
6.5

477.0
1.4

486.1
11.2

483.7
10.4

490.2
7.0

496.7
3.6

7
8
9

183.5
176.0
7.5

184.2
180.6
3.6

184.1
178.1
6.0

187.9
178.5
9.4

187.5
184.8
2.8

192.7
185.1
7.6

193.4
189.1
4.4

197.4
190.7
6.7

201.6
193.9
7.6

199.1
192.2
6.9

201.3
192.7
8.6

198.8
193.2
5.6

190.6
190.5
.1

189.4
189.9
-.5

195.0
190.4
4.7

175.0
179.2
-4.2

192.1
186.0
6.2

191.2
185.9
5.2

192.4
188.9
3.4

191.2
194.2
-3.0

10
11
12

276.0
269.0
7.0

277.4
273.7
3.7

280.4
274.5
5.9

280.2
274.4
5.8

283.9
281.2
2.6

290.1
285.5
4.6

296.2
290.8
5.4

290.9
289.0
1.9

294.0
289.9
4.1

297.6
292.7
4.9

297.0
291.9
5.1

294.4
293.0
1.4

296.7
294.6
2.1

299.8
294.3
5.5

297.7
295.9
1.8

303.4
297.8
5.6

305.1
300.1
5.0

302.9
297.8
5.2

304.8
301.2
3.6

309.0
302.5
6.6

Services

13

427.5

430.2

437.3

441.5

444.8

451.1

456.6

459.5

463.4

467.3

470.9

475.1

478.3

480.3

484.1

486.8

492.1

496.2

499.0

504.0

Structures

14

110.7

112.5

114.5

117.8

120.4

121.8

121.9

124.1

125.2

124.8

122.7

117.3

115.9

113.4

116.4

119.4

122.1

126.6

129.6

131.1

15
16

991.6
977.1

998.2 1,010.9 1,023.4 1,034.4 1,053.5 1,066.1 1,070.7 1,082.9 1,088.4 1,091.8 1,083.7 1,078.2 1,078.4 1,089.0 1,081.1 1,106.8 1,116.7 1,124.0 1,135.5
990.9 999.0 1,008.3 1,029.0 1,041.3 1,056.3 1,062.1 1,071.2 1,076.6 1,078.1 1,076.8 1,076.0 1,073.4 1,082.5 1,079.7 1,095.6 1,106.3 1,117.0 1,131.9

Final sales
Change in business inventories
Goods
Final sales
Change in business inventories
Durable goods
Final sales
Change in business inventories
Nondurable goods
Final sales
Change in business inventories

1

1

Addenda:
Gross domestic purchases 2
Final sales to domestic purchasers 2

1972

1973

1974

1975

1976

Line
I

II

III

IV

I

II

III

IV

I

II

III

IV

II

I

III

IV

I

II

III

IV

1

1,157.2 1,178.5 1,193.1 1,214.8 1,247.1 1,249.0 1,256.8 1,267.0 1,254.7 1,256.3 1,248.6 1,232.4 1,206.3 1,221.0 1,248.4 1,259.7 1,287.2 1,295.8 1,303.3 1,315.4

2
3

Gross national product
Final sales
Change in business inventories

1,150.9 1,166.5 1,180.3 1,205.1 1,231.1 1,233.8 1,242.9 1,243.3 1,241.5 1,243.7 1,240.9 1,219.5 1,220.6 1,232.3 1,247.5 1,262.0 1,277.1 1,284.5 1,296.0 1,312.9
12.1
9.7
6.3
12.8
16.0
15.2
13.8
23.7
13.2
12.6
7.7
12.9 - 1 4 . 3 - 1 1 . 3
1.0 - 2 . 3
10.0
11.3
7.3
2.4

4

508.4

526.3

536.0

547.8

571.0

569.3

569.3

582.2

567.6

569.2

565.9

553.3

541.9

560.5

562.9

583.1

588.7

590.7

592.9

5
6

502.1
6.3

514.2
12.1

523.2
12.8

538.0
9.7

555.0
16.0

554.1
15.2

555.5
13.8

558.6
23.7

554.4
13.2

556.6
12.6

558.1
7.7

540.4 545.9 553.2
12.9 - 1 4 . 3 - 1 1 . 3

559.5
1.0

565.2
-2.3

573.1
10.0

577.4
11.3

583.4
7.3

590.5
2.4

7
8
9

202.6
198.1

209.5
202.9
6.5

216.5
209.0
7.5

229.6
219.3
10.3

244.2
232.7
11.5

249.3
237.5
11.8

251.1
237.2
14.0

250.3
236.9
13.4

246.1
236.0
10.1

242.7
237.5
5.1

247.3
237.7
9.6

238.0
225.3
12.6

214.0
223.5
-9.5

221.2
227.2
-6.0

230.5
233.5
-3.0

229.7
236.8
-7.2

242.2
239.9
2.4

247.7
240.3
7.5

251.2
244.3
6.9

251.7
246.9
4.8

10
11
12

305.7
303.9
1.8

316.8
311.3

319.5
314.2

318.2
318.3
-.1

331.9
321.7
10.3

321.5
318.3
3.2

7.5

318.6
320.5
-1.9

315.3
315.1
.2

317.6
322.4
-4.8

320.7
326.0
-5.3

329.9
325.9
4.0

333.2
328.3
4.9

340.9
333.2
7.7

340.9
337.1
3.9

339.5
339.1

4.5

320.0
316.6
3.3

326.5
319.1

5.3

318.2
318.7
-.6

326.8
322.3

5.5

.4

341.2
343.6
-2.4

Services

13

512.6

516.1

520.7

526.5

532.9

539.3

548.9

550.3

558.3

561.7

564.6

567.5

568.8

574.6

578.5

583.6

587.1

591.4

598.7

605.0

Structures

14

136.3

136.2

136.3

140.5

143.1

140.4

138.6

134.4

128.8

125.4

118.1

111.6

106.0

104.5

109.5

113.2

117.0

115.7

113.9

117.5

Goods
Final sales
Change in business inventories
Durable goods
Final sales
Change in business inventories
Nondurable goods
Final sales
Change in business inventories

1

1

4.5

531.6

Addenda:
Gross domestic purchases 2
Final sales to domestic purchasers 2

15
16

1,159.1 1,178.9 1,190.7 1,211.9 1,239.4 1,235.2 1,237.4 1,245.7 1,226.5 1,227.3 1,222.4 1,204.6 1,174.2 1,187.4 1,217.6 1,227.4 1,260.5 1,269.8 1,277.7 1,291.9
1,152.8 1,166.8 1,177.9 1,202.2 1,223.4 1,220.1 1,223.5 1,222.1 1,213.2 1,214.7 1,214.7 1,191.7 1,188.5 1,198.8 1,216.7 1,229.6 1,250.4 1,258.5 1,270.4 1,289.5

1
Prior to 1959, inventories held by construction establishments are included in line 12.
2
Gross domestic purchases equals gross national product less exports plus imports; final sales to domestic purchasers equals final sales less exports plus imports.
NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1.

Table 1.5.—Gross National Product by Sector: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-76
[Billions of dollars]
Line
Gross national product
Gross domestic product

1929

1930

1931

1932

1933

1934

1935

1936

1937

1938

1939

1940

1941

1942

1943

1944

1

103.4

90.7

76.1

58.3

55.8

65.3

72.5

82.7

90.9

85.0

90.9

100.0

125.0

158.5

192.1

210.6

2

102.6

90.0

75.5

57.9

55.5

65.0

72.1

82.4

90.4

84.6

90.5

99.6

124.5

157.9

191.6

210.1

3

82.8
75.6
67.0
8.6
7.6
-.5

68.6
61.4
53.3
8.1
6.3
.9

51.6
46.7
39.4
7.2
4.5
.5

49.1
43.8
37.6
6.3
4.6
.7

57.6
52.3
46.5
4.7
.6

64.3
57.4
51.6
5.8
7.0
-.1

73.1
65.4
59.4
5.9
6.4
1.4

81.3
72.9
66.6
6.3
8.2
.1

74.8
67.5
60.8
6.8
6.5
.7

80.6
72.9
66.0
6.9
6.3
1.4

89.4
81.8
74.7
7.1
6.4
1.1

112.6
103.1
95.5
7.6
8.9
.6

139.9
127.7
119.3
8.4
13.0
-.8

162.8
149.3
140.4
8.9
15.3
-1.8

174.2
156.2
146.8
9.3
15.3
2.7

Business
Nonfarm
Nonfarm less housing
Housing
Farm
Statistical discrepancy

5
6
7
8

95.4
84.7
75.8
8.9
9.7
1.1

Households and institutions
Private households
Nonprofit institutions

9
10
11

2.9
1.7
1.1

2.7
1.5
1.2

2.3
1.1
1.1

1.9
.8
1.0

1.7
.7
.9

1.8
.9
1.0

1.9
.9
1.0

2.0
1.0
1.0

2.3
1.2
1.1

2.2
1.0
1.1

2.3
1.1
1.1

2.4
1.2
1.2

2.5
1.2
1.3

2.9
1.5
1.4

3.2
1.6
1.6

3.7
1.9
1.8

Government
Federal
S t a t e and local

12
13
14

4.3
.9
3.5

4.5

4.6
.9
3.7

4.4

.9
3.6

.9
3.6

4.7
1.2
3.5

5.6
1.7
3.9

5.9
1.8
4.2

7.3
3.6
3.7

6.9
3.0
3.9

7.6
3.5
4.1

7.6
3.4
4.2

7.8
3.5
4.3

9.4
5.0
4.4

15.1
10.6
4.5

25.6
20.9
4.7

32.2
27.2
4.9

15

.8

.7

.5

.4

.3

.3

.4

.3

.4

.4

.5

.4

.5

.5

.5

.5

16

86.5

74.2

60.5

44.3

42.9

51.8

58.5

67.2

75.0

68.0

73.7

82.3

105.0

131.5

153.9

164.9

Rest of the world

4

5.8

Addendum:
Gross domestic business product
less housing.




Table 1.5.—Gross National Product by Sector: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-76—Continued
[Billions of dollars]
Line

1947

1946

1945

1948

1949

1953

1952

1951

1950

1956

1955

1954

1957

1959

1958

1960

1

212.4

209.8

233.1

259.5

258.3

286.5

330.8

348.0

366.8

366.8

400.0

421.7

444.0

449.7

487.9

506.5

2

212.0

209.0

231.8

257.9

256.9

284.8

328.7

345.7

364.6

364.5

397.3

418.5

440.5

446.6

484.6

502.9

Business
Nonfarm
Nonfarm less housing
Housing
Farm
Statistical discrepancy

3
4
5
6
7
8

172.8
152.7
143.1
9.5
16.0
4.1

183.8
164.4
154.7
9.7
18.8
.5

210.0
188.2
177.8
10.4
20.2
1.5

234.9
213.1
201.5
11.7
23.3
-1.6

231.5
212.2
199.0
13.2
18.8
.6

257.5
236.3
221.5
14.7
20.0
1.3

294.4
268.3
251.7
16.5
22.9
3.2

307.3
283.4
264.7
18.7
22.2
1.7

324.9
302.3
281.3
21.1
20.3
2.3

323.9
302.3
279.0
23.3
19.7
2.0

354.0
333.9
308.9
25.0
18.8
1.3

372.1
355.7
328.8
26.9
18.6
-2.1

390.8
373.7
344.5
29.2
18.4
-1.2

393.1
372.2
340.6
31.7
20.7
.2

428.3
410.6
376.3
34.2
19.0
-1.3

442.0
424.2
387.2
37.0
20.2
-2.4

Households and institutions
Private households
Nonprofit institutions

9
10
11

4.1
2.1
2.0

4.5
2.1
2.4

5.1
2.4
2.8

5.6
2.4
3.2

5.9
2.4
3.6

6.4
2.6
3.9

6.9
2.7
4.2

7.2
2.6
4.6

7.8
2.7
5.1

8.1
2.6
5.5

9.1
3.1
6.0

9.8
3.3
6.5

10.5
3.3
7.2

11.4
3.5
7.9

12.3
3.6
8.8

13.8
3.8
10.0

Government
Federal
State and local

12
13
14

35.2
29.8
5.4

20.8
14.6
6.2

16.7
9.4
7.3

17.4
8.9
8.5

19.4
10.0
9.4

20.9
10.7
10.1

27.4
16.2
11.2

31.2
18.9
12.3

31.9
18.6
13.3

32.5
17.8
14.7

34.2
18.4
15.8

36.6
19.0
17.6

39.1
19.6
19.6

42.1
20.5
21.6

44.0
20.9
23.1

47.1
21.7
25.5

15

.4

.8

1.2

1.6

1.4

1.6

2.1

2.3

2.2

2.3

2.8

3.2

3.5

3.0

3.3

3.6

16

163.2

174.1

199.6

223.2

218.3

242.8

277.8

288.6

303.8

300.6

329.0

345.2

361.6

361.4

394.1

405.0

Gross national product
Gross domestic product

Rest of the world
Addendum:
Gross domestic business product
less housing.

Line

1963

1962

1961

1964

1965

1967

1966

1968

1969

1971

1970

1972

1973

1975

1974

1976

1

524.6

565.0

596.7

637.7

691.1

756.0

799.6

873.4

944.0

992.7

1,077.6

1,185.9

1,326.4

1,434.2

1,549.2

1,718.0

2

520.7

560.5

591.8

632.3

685.2

750.3

793.7

866.7

937.1

985.4

1,068.5

1,175.0

1,310.4

1,414.4

1,531.9

1,697.5

Business
Nonfarm
Nonfarm less housing
Housing
Farm
Statistical discrepancy

3
4
5
6
7
8

455.7
435.7
395.9
39.7
20.2
-.1

490.6
468.1
425.1
43.0
20.4
2.1

517.2
495.0
449.2
45.8
20.5
1.7

551.6
532.2
483.4
48.8
19.3
.1

598.4
577.7
525.3
52.4
21.9
-1.2

652.6
628.4
572.4
56.0
22.8
1.4

685.1
663.3
603.0
60.3
22.1
-.3

745.4
725.0
660.5
64.5
22.6
-2.1

803.2
782.1
711.9
70.2
25.1
-3.9

837.3
813.1
737.5
75.5
25.8
-1.5

907.1
875.4
793.3
82.1
27.6
4.1

998.6
963.4
873.5
89.9
31.9
3.3

1,118.7
1,068.0
969.4
98.6
49.9
.8

1,206.4
1,155.0
1,045.9
109.1
47.7
3.7

1,301.7
1,247.3
1,129.3
118.1
48.9
5.5

1,447.3
1,396.3
1,266.2
130.1
45.9
5.1

Households and institutions
Private households
Nonprofit institutions

9
10
11

14.4
3.7
10.7

15.5
3.8
11.7

16.6
3.8
12.7

17.8
3.9
13.9

19.2
4.0
15.2

21.1
4.0
17.1

23.4
4.2
19.2

26.1
4.4
21.7

29.4
4.4
25.0

32.3
4.5
27.8

35.4
4.6
30.8

38.6
4.6
34.0

42.1
4.8
37.3

45.8
4.6
41.3

50.6
4.6
46.0

55.6
5.4
50.3

Government
Federal
State and local

12
13
14

50.5
22.6
27.9

54.3
24.1
30.2

58.0
25.2
32.9

62.9
27.0
35.9

67.6
28.3
39.3

76.5
32.4
44.1

85.1
35.6
49.5

95.2
39.3
55.9

104.5
41.9
62.6

115.8
44.8
71.1

126.0
46.8
79.3

137.8
50.1
87.7

149.6
51.9
97.7

162.2
54.9
107.3

179.6
59.0
120.6

194.6
62.4
132.3

15

3.9

4.6

4.9

5.5

5.9

5.6

5.9

6.7

6.9

7.3

9.2

10.9

16.0

19.8

17.3

20.5

16

416.0

447.7

471.4

502.8

546.0

596.6

624.8

681.0

733.1

761.8

825.0

908.8

1,020.1

1,097.4

1,183.6

1,317.2

III

IV

Gross national product
Gross domestic product

Rest of the world
Addendum:
Gross domestic business product
less housing.

1946

1947

Line
I

I

IV

III

II

1949

1948
III

II

IV

I

II

III

IV

II

I

1950
I

III

II

IV

1

197.7

205.3

215.6

220.7

225.1

229.3

233.6

244.0

250.0

257.5

264.5

265.9

260.5

257.0

258.9

256.8

267.6

277.1

294.8

306.3

2

197.0

204.5

214.8

219.8

224.0

228.1

232.4

242.6

248.5

255.9

262.8

264.3

258.9

255.5

257.5

255.5

266.2

275.6

293.0

304.5

Business
Nonfarm
Nonfarm less housing
Housing
Farm
Statistical discrepancy

3
4
5
6
7
8

167.1
148.6
139.2
9.4
16.7
1.8

179.6
161.3
151.7
9.6
17.5
.8

191.5
170.3
160.6
9.8
20.3
.8

196.7
177.1
167.2
9.9
20.9
-1.3

201.8
180.6
170.6
10.0
21.3
-.2

205.8
185.7
175.5
10.2
18.5
1.7

211.1
189.1
178.6
10.5
20.0
2.0

221.0
197.3
186.4
10.9
21.1
2.6

226.6
206.0
194.8
11.2
21.5
-.8

233.5
211.1
199.7
11.4
24.8
-2.5

239.3
216.1
204.3
11.8
24.2
-1.0

240.0
219.2
207.0
12.2
22.8
-2.1

234.1
215.2
202.6
12.6
19.5
-.7

230.4
211.3
198.3
13.0
19.0
.1

232.1
212.8
199.4
13.4
18.2
1.1

229.3
209.5
195.7
13.8
18.4
1.4

240.1
217.8
203.7
14.1
18.9
3.4

249.4
229.2
214.6
14.5
19.0
1.3

265.6
244.8
229.9
14.9
20.3
.5

274.9
253.1
237.8
15.3
21.7
.1

Households and institutions
Private households
Nonprofit institutions

9
10
11

4.5

4.3

4.4

4.8

4.6

5.1

5.4

5.4

5.3

5.5

5.8

5.7

5.8

5.9

5.8

6.2

6.3

6.3

6.4

6.7

Government
Federal
State and local

12
13
14

25.4
19.6
5.8

20.6
14.6
6.0

18.9
12.7
6.3

18.3
11.6
6.7

17.6
10.6
7.0

17.1
10.0
7.2

15.9
8.5
7.4

16.2
8.4
7.8

16.5
8.5
8.0

16.9
8.6
8.3

17.7
9.0
8.7

18.5
9.5
9.1

19.0
9.8
9.2

19.2
9.9
9.3

19.6
10.0
9.6

19.9
10.3
9.7

19.8
9.9
9.8

19.9
9.9
10.0

21.0
10.7
10.3

22.9
12.4
10.5

15

.7

.8

.8

.9

1.1

1.2

1.3

1.4

1.5

1.6

1.6

1.6

1.5

1.5

1.4

1.3

1.4

1.5

1.8

1.8

16

157.7

170.0

181.7

186.8

191.8

195.7

200.6

210.1

215.5

222.0

227.5

227.8

221.5

217.4

218.7

215.5

226.0

234.9

250.7

259.6

Gross national product
Gross domestic product

Rest of the world
Addendum:
Gross domestic business product
less housing.




Table 1.5.—Gross National Product by Sector: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-76—Continued
[Billions of dollars]
1952

1951

1953

1954

1955

Line
I

II

III

IV

I

II

III

IV

I

III

II

IV

I

II

III

IV

I

II

III

IV

1

320.4

328.3

335.0

339.2

341.9

342.1

347.8

360.0

366.1

369.4

368.4

363.1

362.5

362.3

366.7

375.6

388.2

396.2

404.8

411.0

2

318.7

326.2

332.8

336.8

339.6

339.9

345.5

357.8

363.9

367.1

366.3

361.0

360.3

360.1

364.5

373.0

385.5

393.5

402.0

408.2

Business
Nonfarm
Nonfarm less housing
Housing
Farm
Statistical discrepancy

3
4
5
6
7
8

286.7
262.6
246.8
15.8
22.4
1.7

292.5
266.0
249.8
16.2
23.0
3.5

297.5
269.9
253.1
16.8
22.9
4.6

300.7
274.7
257.4
17.3
23.4
2.5

302.3
277.8
259.9
17.9
21.9
2.7

301.7
278.6
260.1
18.4
22.4
.7

306.5
281.5
262.6
18.9
23.8
1.2

318.7
296.1
276.5
19.6
20.6
2.0

324.6
301.5
281.3
20.1
20.9
2.2

327.2
304.9
284.3
20.7
20.2
2.1

326.4
304.9
283.5
21.4
19.9
1.6

321.3
297.9
275.9
22.0
20.3
3.1

320.6
297.7
275.1
22.6
20.5
2.4

319.9
298.7
275.6
23.1
19.2
2.0

323.7
301.6
278.1
23.5
19.8
2.3

331.4
311.0
287.0
24.0
19.1
1.3

343.7
322.0
297.6
24.4
19.0
2.6

350.5
330.6
305.8
24.8
19.1
.8

358.3
338.7
313.5
25.2
18.6
1.0

363.6
344.9
319.3
25.7
18.4
.2

Households and institutions
Private households
Nonprofit institutions

9
10
11

6.9

6.8

6.9

7.0

7.0

7.1

7.4

7.4

7.5

7.8

8.0

7.8

7.7

7.9

8.1

8.6

8.6

8.8

9.2

9.7

Government
Federal
State and local

12
13
14

25.1
14.4
10.7

26.8
15.9
10.9

28.5
17.2
11.3

29.1
17.5
11.6

30.3
18.5
11.8

31.1
19.0
12.0

31.6
19.2
12.4

31.7
19.0
12.7

31.8
18.8
13.0

32.1
18.9
13.2

32.0
18.6
13.4

31.9
18.1
13.7

31.9
17.8
14.1

32.3
17.8
14.5

32.7
17.7
15.0

33.0
17.8
15.2

33.2
17.8
15.4

34.2
18.5
15.7

34.5
18.6
15.9

34.9
18.6
16.4

15

1.7

2.1

2.2

2.4

2.3

2.3

2.3

2.2

2.2

2.3

2.1

2.1

2.3

2.2

2.3

2.6

2.7

2.7

2.8

2.9

16

270.9

276.3

280.7

283.4

284.4

283.3

287.6

299.2

304.4

306.5

305.0

299.3

298.0

296.8

300.2

307.4

319.3

325.7

333.1

337.9

II

III

IV

II

III

IV

II

III

IV

II

III

IV

III

IV

Gross national product
Gross domestic product

Rest of the world
Addendum:
Gross domestic business product
less housing.

1957

1956

1958

1959

1960

Line
I

I

I

I

I

II

1

412.8

418.4

423.5

432.1

440.2

442.3

449.4

444.0

436.8

440.7

453.9

467.0

477.0

490.6

489.0

495.0

506.9

506.3

508.0

504.8

2

409.6

415.2

420.1

429.1

436.7

438.5

445.8

441.0

433.7

437.7

450.9

463.9

474.0

487.5

485.6

491.3

503.4

502.8

504.4

501.1

Business
Nonfarm
Nonfarm less housing
Housing
Farm
Statistical discrepancy

3
4
5
6
7
8

364.6
347.8
321.7
26.1
18.4
-1.6

369.4
353.2
326.6
26.6
18.3
-2.1

373.1
356.4
329.2
27.2
18.9
-2.1

381.3
364.7
337.0
27.7
18.8
-2.1

388.2
371.9
343.7
28.2
18.0
-1.7

389.2
373.2
344.4
28.8
18.0
-2.0

395.4
376.9
347.4
29.5
18.6
-.2

390.5
372.3
342.1
30.2
18.8
-.7

382.0
362.9
332.1
30.8
20.8
-1.7

384.4
363.4
332.0
31.4
20.7
.3

396.5
373.8
341.8
32.0
20.7
2.0

409.1
388.1
355.6
32.5
20.5
.5

418.7
401.1
368.0
33.1
19.8
-2.2

431.6
415.6
381.8
33.8
19.1
-3.1

429.0
411.2
376.6
34.6
18.4
-.6

433.8
414.4
378.9
35.5
18.8
.7

444.5
427.2
391.2
36.0
18.8
-1.5

442.3
424.9
388.3
36.5
20.3
-2.9

442.6
424.2
386.9
37.3
20.7
-2.2

438.4
420.4
382.3
38.2
21.0
-3.0

Households and institutions
Private households
Nonprofit institutions

9
10
11

9.5

9.6

9.9

10.2

10.2

10.4

10.7

10.7

11.0

11.6

11.5

11.6

11.8
3.4
8.4

12.1
3.5
8.6

12.5
3.6
8.9

13.0
3.7
9.3

13.3
3.7
9.6

13.8
3.8
10.0

14.0
3.9
10.1

14.3
3.9
10.4

Government
Federal
State and local

12
13
14

35.4
18.6
16.9

36.2
18.9
17.3

37.1
19.2
17.9

37.6
19.2
18.4

38.2
19.4
18.8

38.9
19.6
19.3

39.7
19.8
19.8

39.8
19.4
20.3

40.7
19.9
20.8

41.7
20.3
21.4

42.8
21.0
21.8

43.3
21.0
22.2

43.5
20.8
22.6

43.8
20.9
22.9

44.2
20.9
23.3

44.6
20.9
23.7

45.7
21.1
24.6

46.7
21.5
25.2

47.8
22.0
25.8

48.4
22.1
26.3

15

3.2

3.2

3.3

3.0

3.5

3.8

3.7

3.0

3.1

3.0

3.0

3.0

3.0

3.1

3.4

3.6

3.5

3.5

3.6

3.7

16

338.5

342.8

345.9

353.6

360.0

360.4

365.9

360.3

351.2

353.0

364.5

376.6

385.6

397.8

394.4

398.4

408.5

405.8

405.3

400.2

III

IV

II

III

IV

II

III

IV

III

IV

II

III

rv

Gross national product
Gross domestic product

Rest of the world
Addendum:
Gross domestic business product
less housing.

1962

1961

1963

1964

1965

.Line
II

I

I

I

I

II

I

1

508.2

519.2

528.2

542.6

554.2

562.7

568.9

574.3

582.0

590.7

601.8

612.4

625.3

634.0

642.8

648.8

668.8

681.7

696.4

717.2

2

504.2

515.4

524.3

538.6

550.2

558.3

564.3

569.1

577.0

585.9

596.8

607.3

619.7

628.6

637.2

643.5

662.8

675.5

690.6

711.8

Business
Nonfarm
Nonfarm less housing
Housing
Farm
Statistical discrepancy

3
4
5
6
7
8

440.7
421.1
382.4
38.7
20.7
-1.0

451.4
431.6
392.3
39.3
19.7
.0

459.2
439.4
399.4
40.0
19.8
-.1

471.5
450.5
409.6
40.9
20.5
.5

481.6
459.6
418.0
41.6
20.5
1.5

489.0
465.0
422.5
42.5
20.6
3.4

494.2
471.1
427.7
43.4
20.3
2.8

497.7
476.7
432.3
44.4
20.2
.8

504.2
482.5
437.6
44.8
20.7
1.0

512.1 521.9
491.2 499.2
445.8 - 453.1
45.4
46.1
20.6
20.5
.2
2.2

530.5
507.2
460.2
46.9
20.0
3.4

541.2
518.5
470.9
47.6
18.9
3.8

548.6
527.2
478.9
48.3
19.1
2.2

555.8
538.0
488.8
49.2
19.2
-1.4

560.9
545.1
494.9
50.2
19.8
-4.0

579.4
561.8
510.8
51.0
20.6
-3.0

590.4
571.7
519.8
51.8
22.2
-3.5

602.9
580.8
528.0
52.8
22.4
-.3

620.9
596.6
542.7
53.8
22.4
1.9

Households and institutions
Private households
Nonprofit institutions

9
10
11

14.4
3.9
10.4

14.2
3.6
10.6

14.3
376
10.7

14.8
3.8
11.0

15.1
3.9
11.3

15.3
3.7
11.6

15.7
3.8
11.9

16.0
3.9
12.1

16.2
3.9
12.3

16.4
3.8
12.6

16.7
3.9
12.8

16.9
3.7
13.2

17.3
3.8
13.5

17.8
4.1
13.7

17.9
4.0
13.9

18.1
3.8
14.3

18.3
3.8
14.5

18.9
3.9
15.0

19.5
4.1
15.5

20.2
4.2
16.0

Government
Federal
State and local

12
13
14

49.1
22.1
27.0

49.8
22.3
27.6

50.8
22.6
28.3

52.3
23.4
28.9

53.4
24.0
29.5

54.0
24.0
30.0

54.4
24.0
30.4

55.4
24.3
31.1

56.6
24.7
31.9

57.4
24.9
32.5

58.2
25.1
33.1

59.9
25.9
33.9

61.2
26.4
34.8

62.2
26.7
35.5

63.6
27.4
36.2

64.5
27.5
37.0

65.2
27.3
37.8

66.2
27.5
38.7

68.2
28.4
39.8

70.8
30.0
40.8

15

4.0

3.8

3.9

4.0

4.0

4.4

4.5

5.2

4.9

4.8

4.9

5.1

5.6

5.4

5.6

5.3

6.0

6.2

5.8

5.4

16

402.0

412.0

419.2

430.6

440.1

446.5

450.8

453.4

459.4

466.7

475.8

483.6

493.6

500.3

506.6

510.7

528.4

538.6

550.1

567.1

Gross national product
Gross domestic product

Rest of the world

1

Addendum:
Gross domestic business product
less housing.




Table 1.5.—Gross National Product by Sector: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-76—Continued
[Billions of dollars]
1967

1966

1969

1968

1970

Line
I

Gross national product

III

II

IV

I

III

II

IV

I

II

III

IV

I

II

III

IV

I

III

II

IV

1

738.5

750.0

760.6

774.9

780.7

788.6

805.7

823.3

841.2

867.2

884.9

900.3

921.2

937.4

955.3

962.0

972.0

2

732.9

744.3

755.0

769.1

775.0

783.0

799.5

817.1

834.7

860.6

878.0

893.3

914.1

930.5

948.6

955.2

965.0

978.8

996.0 1,002.0

Business
Nonfarm
Nonfarm less housing
Housing
Farm
Statistical discrepancy

3
4
5
6
7
8

639.7
612.4
557.8
54.6
24.5
2.7

648.8
624.1
568.7
55.4
22.7
1.9

655.4
632.9
576.5
56.5
22.5
.0

666.7
644.3
586.6
57.7
21.6
.8

670.3
648.4
589.7
58.7
21.4
.6

676.1
654.6
594.9
59.7
21.8
-.3

690.0
667.6
606.7
60.8
22.5
-.1

703.9
682.6
620.6
62.0
22.5
-1.1

718.5
699.5
636.5
63.0
22.1
-3.1

741.1
718.8
655.1
63.7
21.7
.5

754.4
733.3
668.5
64.8
22.7
-1.7

767.7
748.3
682.0
66.3
23.6
-4.2

786.3
763.8
696.1
67.7
24.7
-2.3

799.7
777.9
708.6
69.4
24.7
-2.9

811.6
791.0
719.9
71.0
24.9
-4.2

815.2
795.5
722.9
72.6
26.0
-6.2

820.7
798.3
723.8
74.5
26.4
-4.0

831.8
809.7
734.4
75.2
26.1
-4.0

846.5
821.7
745.4
76.3
25.2
-.4

850.4
822.6
746.5
76.1
25.4
2.4

Households and institutions
Private households
Nonprofit institutions

9
10
11

20.3
4.0
16.3

20.6
3.8
16.8

21.6
4.1
17.5

22.2
4.2
17.9

22.6
4.2
18.4

23.2
4.2
19.0

23.7
4.1
19.5

24.2
4.2
20.0

24.8
4.2
20.6

25.7
4.5
21.2

26.5
4.5
22.0

27.3
4.3
22.9

27.9
4.4
23.5

28.8
4.4
24.4

29.9
4.4
25.5

31.1
4.5
26.6

31.3
4.5
26.8

31.9
4.4
27.4

32.6
4.4
28.1

33.3
4.6
28.7

Government
Federal
State and local

12
13
14

72.9
30.9
42.1

75.0
31.7
43.3

78.0
33.3
44.8

80.2
34.0
46.3

82.0
34.6
47.4

83.7
35.0
48.7

85.9
35.6
50.3

89.0
37.2
51.7

91.4
37.8
53.5

93.8
38.7
55.1

97.1
40.4
56.7

98.4
40.1
58.3

99.9
40.1
59.7

102.0
40.4
61.5

107.1
43.5
63.6

108.9
43.3
65.5

113.0
45.0
68.0

115.1
44.9
70.2

116.9
44.7
72.2

118.3
44.4
73.9

15

5.6

5.6

5.6

5.8

5.7

5.6

6.2

6.2

6.4

6.7

6.9

7.0

7.1

6.9

6.7

6.8

7.1

7.5

7.6

7.1

16

585.1

593.4

599.0

609.0

611.6

616.4

629.1

642.0

655.5

677.3

689.6

701.4

718.6

730.4

740.6

742.7

746.1

756.6

770.2

774.2

Gross domestic product

Rest of the world

986.3 1,003.6 1,009.0

Addendum:
Gross domestic business product
less housing.

1972

1971

1973

Line
IV

Gross national product

IV

III

1,049.3

1,068.9

1,105.8

1,142.4

1,171.7

1,196.1

1,233.5

1,283.5

1,307.6

1,040.7

1,059.6

1,077.5

1,096.0

1,131.9

1,161.3

1,184.7

1,222.1

1,270.0

1,292.5

1,320.1

883.2
850.6
771.4
79.2
28.1
4.5

899.7
866.9
786.0
80.9
27.1
5.7

915.2
884.3
801.2
83.1
26.0
5.0

930.2
899.8
814.7
85.1
29.2

987.4
950.8
88.8
31.9
4.7

1,007.3
970.6
879.8
90.7
30.9
5.9

1.039.1
1.003.2
910.4
92.8
34.0
1.9

1,083.8
1,040.8
945.8
95.0
42.5

1,102.9
1,055.5
958.3
97.2
48.4

1.2

960.6
929.0
841.9
87.1
30.9
.7

1,127.1
1,072.7
973.0
99.7
52.5
1.9

34.5
4.7
29.8

34.9
4.4
30.5

35.5
4.5
30.9

36.6
4.6
32.0

37.4
4.7
32.7

38.3
4.7
33.7

38.9
4.6
34.3

4.5
35.3

40.5
4.7
35.8

41.6
4.7
36.9

42.6
4.8
37.8

123.1
46.6
76.5

125.0
46.6
78.4

126.9
46.5
80.4

129.1
47.4

134.0
49.7
84.2

135.6
49.2
86.4

138.4
49.5
89.0

143.1
51.9
91.3

145.7
51.7

148.0
51.3
96.7

150.5
51.4
99.0

8.5

Gross domestic product

9.3

Business
Nonfarm
Nonfarm less housing
Housing
Farm
Statistical discrepancy
Households and institutions
Private households
Nonprofit institutions
Government
Federal
State and local
Rest of the world

81.8

862.0

.6

-1.0

17.6

Addendum:
Gross domestic business product
less housing.

832.1

845.1

873.5

916.6

1974

Gross national product

1,005.6

1975

Liine
I

946.3

II

III

IV

I

II

1,027.4

1976
III

IV

I

II

III

IV

1

1,387.7

1,423.8

1,451.6

1,473.8

1,479.8

1,516.7

1,578.5

1,621.8

1,672.0

1,698.6

1,729.0

1,772.5

2

1,366.9

1,403.2

1,431.8

1,455.8

1.463.4

1,500.9

1,561.5

1,601.8

1,653.2

1,678.0

1,707.8

1,751.1

Business
Nonfarm
Nonfarm less housing
Housing
Farm
Statistical discrepancy

3
4
5
6
7
8

1,165.5
1,113.4
1,008.3
105.1
51.6
.4

1,198.0
1,147.0
1,039.2
107.8
47.4
3.6

1,222.4
1,170.9
1,060.5
110.4
46.0
5.5

1,239.8
1,188.5
1,075.5
113.0
45.9
5.4

1,241.8
1,190.4
1,075.5
114.8
43.1
8.4

1,273.4
1,220.6
1,104.0
116.6
47.9
5.0

1,328.7
1,270.8
1,151.9
118.9
52.7
5.2

1,362.7
1,307.6
1,185.7
121.9
51.8
3.3

1,409.6
1,357.8
1,233.2
124.6
48.2
3.6

1,430.3
1,379.0
1,251.3
127.7
46.9
4.4

1,456.3
1,408.6
1,276.8
131.8
44.1
3.6

1,493.0
1,439.8
1,303.5
136.3
44.4
8.8

Households and institutions
Private households
Nonprofit institutions

9
10
11

44.3
4.9
39.4

45.4
4.6
40.8

46.3
4.5
41.9

47.2
4.2
43.0

48.5
4.4
44.2

49.9
4.6
45.2

51.4
4.7
46.8

52.7
4.7
48.0

53.9
4.9
49.0

55.1
5.3
49.8

56.2
5.5
50.7

57.4
5.7
51.7

Government
Federal
State and local

12
13
14

157.1
53.7
103.4

159.8
54.0
105.8

163.1
54.6
108.5

168.8
57.3
111.5

173.1
58.0
115.2

177.6
58.2
119.4

181.4
58.7
122.7

186.3
61.1
125.2

189.7
61.4
128.3

192.7
61.6
131.1

195.4
61.8
133.6

200.7
64.7
136.1

15

20.8

20.6

19.7

18.0

16.4

15.8

17.0

20.0

18.8

20.6

21.1

21.4

16

1,060.4

1,090.2

1,112.0

1,126.8

1,127.0

1,156.9

1,209.8

1,240.8

1,285.0

1,302.5

1,324.5

1,356.7

Gross domestic product

Rest of the world
Addendum:
Gross domestic business product
less housing.

NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1.




Table 1.6.—Gross National Product by Sector in Constant Dollars: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates,
1947-76
[Billions of 1972 dollars]
Line

1929

1930

1931

1932

1933

1934

1935

1936

1937

1938

1939

1940

1941

1942

1943

1944

1

315.7

285.6

263.5

227.1

222.1

239.1

260.0

295.5

310.2

296.7

319.8

344.1

400.4

461.7

531.6

569.1

2

313.2

283.3

261.6

225.6

220.9

238.0

258.7

294.5

308.7

295.1

318.2

342.8

398.7

460.1

530.3

567.7

Business
Nonfarm
Nonfarm less housing
Housing
Farm
Statistical discrepancy

3
4
5
6
7
8

271.5
244.7
230.7
13.9
23.6
3.1

240.8
219.6
205.7
13.8
22.8
-1.5

219.9
191.6
177.8
13.8
25.4
2.9

185.8
159.0
145.3
13.7
25.1
1.6

180.0
152.5
139.2
13.3
24.9
2.6

192.2
169.3
155.6
13.7
20.9
2.1

210.2
187.8
174.2
13.7
22.7
-.3

239.6
214.0
200.4
13.6
21.0
4.6

255.1
230.4
216.6
13.8
24.2
.4

239.1
212.0
197.6
14.4
24.8
2.4

261.0
231.3
216.6
14.6
25.2
4.6

282.7
254.6
239.5
15.1
24.5
3.6

327.6
299.8
284.0
15.8
26.2
1.6

361.8
335.3
318.2
17.2
28.6
-2.1

385.6
362.1
343.9
18.2
27.7
-4.2

403.6
370.1
351.1
19.0
27.1
6.4

Households and institutions
Private households
Nonprofit institutions

9
10
11

15.6

15.1

14.0

12.6

12.2

13.1

13.5

14.3

15.0

14.4

15.1

16.1

15.9

16.4

15.2

15.1

Government
Federal
State and local

12
13
14

26.2
5.2
21.0

27.5
5.7
21.7

27.8
5.4
22.3

27.2
5.1
22.0

28.8
6.6
22.1

32.7
9.1
23.6

34.9
10.0
24.9

40.6
17.3
23.2

38.7
14.7
23.9

41.6
16.7
24.9

42.1
16.9
25.2

44.0
18.6
25.4

55.2
29.6
25.6

81.9
56.7
25.2

129.4
105.0
24.5

149.1
125.2
23.9

15

2.4

2.3

1.9

1.5

1.3

1.1

1.3

1.1

1.5

1.5

1.6

1.4

1.7

1.5

1.3

1.4

16

257.5

227.0

206.1

172.0

166.7

178.6

196.6

226.0

241.2

224.7

246.4

267.6

311.8

344.6

367.4

384.6

Gross national product
Gross domestic product

Rest of the world
Addendum:
Gross domestic business product
less housing.

Line

1945

1946

1947

1948

1949

1950

1951

1952

1953

1954

1955

1956

1957

1958

1959

1960

1

560.4

478.3

470.3

489.8

492.2

534.8

579.4

600.8

623.6

616.1

657.5

671.6

683.8

680.9

721.7

2

559.3

476.4

467.8

486.8

489.4

531.8

575.6

596.9

619.8

612.1

653.0

666.5

678.3

676.2

716.8

732.0

Business
Nonfarm
Nonfarm less housing
Housing
Farm
Statistical discrepancy

3
4
5
6
7
8

397.9
362.8
343.5
19.3
25.6
9.4

385.5
358.6
339.1
19.5
25.8
1.1

393.8
367.0
346.7
20.3
24.0
2.9

412.0
389.0
367.7
21.3
25.8
-2.8

409.8
383.4
360.3
23.1
25.6
.8

448.7
419.4
394.5
24.9
27.0
2.4

478.0
447.2
420.3
26.9
25.8
5.0

492.8
463.7
434.5
29.2
26.4
2.6

515.6
484.3
453.1
31.2
27.7
3.6

508.5
477.0
443.6
33.4
28.4
3.1

547.0
516.0
480.6
35.3
29.3
1.8

557.4
531.5
494.2
37.3
28.9
-3.0

566.1
539.5
499.7
39.7
28.2
-1.7

561.7
532.0
489.7
42.3
29.3
.3

600.0
574.0
528.8
45.2
27.8
-1.9

610.1
584.2
536.1
48.1
29.2
-3.3

Households and institutions
Private households
Nonprofit institutions

9
10
11

15.0

15.1

16.0

16.7

17.3

18.3

18.7

18.6

19.3

19.4

21.4

22.5

23.1

24.2
6.9
17.3

24.7
6.7
18.0

26.6
6.8
19.9

Government
Federal
State and local

12
13
14

146.4
121.8
24.6

75.9
49.7
26.2

58.0
29.8
28.2

58.1
29.2
29.0

62.3
31.3
31.0

64.7
32.7
32.0

79.0
46.2
32.8

85.5
51.6
33.9

85.0
49.6
35.4

84.1
47.2
36.9

84.6
45.9
38.6

86.7
45.6
41.0

89.1
45.8
43.3

90.3
44.5
45.8

92.2
44.5
47.7

95.3
45.2
50.1

15

1.1

1.8

2.5

3.0

2.7

3.0

3.7

3.9

3.7

4.0

4.5

5.1

5.5

4.6

4.9

5.2

16

378.5

366.0

373.6

390.7

386.7

423.8

451.1

463.5

484.4

475.2

511.7

520.0

526.3

519.4

554.8

562.0

Gross national product
Gross domestic product

Rest of the world

737.2

Addendum:
Gross domestic business product
less housing.

Line

1961

1962

1963

1964

1965

1966

1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

1

756.6

800.3

832.5

876.4

929.3

984.8

1,011.4

1,058.1

1,087.6

1,085.6

1,122.4

1,185.9

1,255.0

1,248.0

1,233.9

1,300.4

2

751.0

793.8

825.6

868.9

921.4

977.5

1,003.9

1,050.0

1,079.7

1,077.6

1,112.8

1,175.0

1,239.9

1,230.7

1,220.0

1,284.8

Business
Nonfarm
Nonfarm less housing
Housing
Farm
Statistical discrepancy

3
4
5
6
7
8

625.1
596.3
545.4
50.9
28.9
-.2

663.2
631.5
577.0
54.5
28.8
2.9

691.6
659.7
602.2
57.5
29.6
2.3

730.3
701.3
640.6
60.6
28.8
.2

777.7
749.6
685.1
64.4
29.8
-1.6

824.0
794.1
726.0
68.0
28.2
1.7

842.0
812.8
740.9
71.9
29.5
-.3

882.1
855.6
780.6
75.0
29.0
-2.5

907.1
881.9
802.8
79.1
29.5
-4.4

904.8
875.4
793.6
81.8
31.1
-1.7

938.6
901.7
816.7
85.0
32.6
4.2

998.6
963.4
873.5
89.9
31.9
3.3

1,061.4
1,029.1
934.7
94.4
31.6
.7

1,049.1
1,014.1
914.6
99.5
31.8
3.2

1,034.7
996.7
894.3
102.4
33.6
4.4

1,097.6
1,061.6
954.7
107.0
32.1
3.9

Households and institutions
Private households
Nonprofit institutions

9
10
11

27.0
6.6
20.5

28.1
6.5
21.6

28.9
6.4
22.4

29.8
6.3
23.4

30.9
6.1
24.8

32.6
5.9
26.7

34.3
5.9
28.4

35.4
5.6
29.8

37.0
5.3
31.6

36.7
5.0
31.7

37.6
4.8
32.8

38.6
4.6
34.0

39.4
4.5
34.9

39.3
3.9
35.4

40.5
3.6
36.9

40.9
3.7
37.2

Government
Federal
State and local

12
13
14

98.9
46.2
52.7

102.5
48.3
54.3

105.2
48.2
57.0

108.8
48.5
60.4

112.7
48.7
64.0

120.8
53.0
67.9

127.7
57.2
70.5

132.4
58.0
74.4

135.7
58.2
77.4

136.1
55.2
80.9

136.7
52.5
84.2

137.8
50.1
87.7

139.1
48.2
90.8

142.3
48.5
93.8

144.9
48.4
96.5

146.3
48.5
97.8

15

5.7

6.5

6.9

7.5

7.9

7.4

7.5

8.2

7.9

8.0

9.5

10.9

15.1

17.3

13.9

15.6

16

574.1

608.7

634.1

669.7

713.3

756.0

770.1

807.1

828.0

823.1

853.6

908.8

967.0

949.6

932.3

990.6

Gross national product
Gross domestic product

Rest of the world
Addendum:
Gross domestic business product
less housing.




Table 1.6.—Gross National Product by Sector in Constant Dollars: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates,
1947-76—Continued
[Billions of 1972 dollars]
1948

1947
Line
I

II

III

IV

I

II

IV

I

II

1951

1950

1949
III

III

IV

I

III

II

IV

I

II

III

IV
589.1

1

466.0

469.5

470.2

475.7

479.4

488.3

492.9

497.9

492.6

490.3

494.8

490.8

512.6

526.4

543.8

556.3

564.4

575.9

587.9

2

463.7

467.0

467.6

473.0

476.6

485.2

489.9

494.9

489.6

487.4

492.1

488.3

510.0

523.6

540.5

553.0

561.3

572.2

584.0

584.9

Business
Nonfarm
Nonfarm less housing
Housing
Farm
Statistical discrepancy

3
4
5
6
7
8

388.5
362.6
343.0
19.6
26.2
-.3

392.3
366.3
346.2
20.2
22.7
3.3

393.8
366.2
345.6
20.6
23.8
3.8

400.8
372.9
352.2
20.7
23.2
4.8

403.9
381.6
360.7
20.9
23.8
-1.5

411.4
389.3
368.2
21.1
26.4
-4.3

414.0
390.4
368.9
21.4
25.4
-1.8

418.0
394.1
372.3
21.9
27.5
-3.6

410.9
387.2
364.9
22.3
24.9
-1.2

407.8
382.4
359.5
22.9
25.3
.2

412.4
384.6
361.2
23.4
25.9
1.9

408.1
379.2
355.3
23.9
26.4
2.5

429.5
395.7
371.5
24.2
27.8
6.1

442.4
413.2
388.5
24.7
26.8
2.3

458.2
430.9
405.8
25.1
26.4
.9

464.7
437.7
412.1
25.7
26.8
.2

467.8
440.7
414.6
26.1
24.2
2.8

474.9
443.9
417.3
26.6
25.4
5.6

484.4
449.7
422.5
27.2
27.2
7.5

484.6
454.2
426.5
27.7
26.4
4.1

Households and institutions
Private households
Nonprofit institutions

9
10
11

15.1

16.3

16.6

16.0

16.4

16.6

17.0

16.7

16.9

17.1

17.0

18.1

18.4

18.3

18.2

18.4

19.0

18.7

18.6

18.5

Government
Federal
State and local

12
13
14

60.2
32.7
27.5

58.5
30.4
28.0

57.2
28.8
28.5

56.3
27.5
28.8

56.2
27.5
28.7

57.2
28.5
28.8

58.9
29.9
29.0

60.2
30.8
29.4

61.9
31.9
30.0

62.5
31.7
30.7

62.7
31.3
31.4

62.1
30.2
31.8

62.1
30.1
31.9

62.9
31.0
32.0

64.1
32.1
32.0

69.8
37.7
32.1

74.4
42.1
32.4

78.6
46.0
32.6

81.0
48.1
32.9

81.8
48.5
33.3

15

2.3

2.5

2.5

2.6

2.9

3.0

3.0

3.0

2.9

2.8

2.8

2.5

2.7

2.8

3.3

3.3

3.1

3.7

3.9

4.1

16

368.9

372.1

373.2

380.1

383.0

390.3

392.6

396.1

388.5

384.9

389.0

384.2

405.3

417.7

433.1

439.0

441.7

448.3

457.2

457.0

II

III

IV

III

IV

III

rv

III

IV

II

III

IV

Gross national product
Gross domestic product

Rest of the world
Addendum:
Gross domestic business product
less housing.

1953

1952
Line
I

I

II

1954
I

II

1955
I

II

1956
I

1

593.7

594.3

600.5

614.6

623.2

628.3

624.4

618.2

610.5

608.1

616.9

628.4

644.1

653.2

663.2

669.5

666.8

670.2

670.7

678.4

2

589.8

590.3

596.5

610.7

619.4

624.3

620.8

614.6

606.7

604.3

613.0

624.1

639.6

648.8

658.6

664.8

661.6

665.0

665.4

673.7

Business
Nonfarm
Nonfarm less housing
Housing
Farm
Statistical discrepancy

3
4
5
6
7
8

487.3
457.3
429.0
28.3
25.7
4.3

486.3
458.7
429.7
28.9
26.5
1.1

491.2
461.5
432.0
29.5
27.8
1.9

506.2
477.2
447.1
30.1
25.7
3.2

515.2
484.5
454.0
30.6
27.2
3.5

519.7
488.7
457.7
31.0
27.8
3.3

516.0
486.0
454.5
31.5
27.5
2.5

511.2
477.8
446.0
31.9
28.4
5.0

504.0
472.4
439.9
32.5
27.8
3.8

501.5
471.0
437.9
33.1
27.3
3.1

509.4
476.8
443.1
33.7
29.1
3.6

518.9
487.4
453.2
34.2
29.4
2.1

535.2
502.5
467.9
34.5
28.6
4.1

543.9
513.7
478.7
35.1
28.9
1.3

552.3
521.4
485.8
35.6
29.4
1.5

556.7
526.1
490.1
36.1
30.2
.4

554.1
526.7
490.2
36.5
29.8
-2.5

556.7
532.0
495.0
37.0
27.8
-3.2

555.5
530.0
492.5
37.5
28.7
-3.2

563.0
537.0
498.8
38.2
29.1
-3.1

Households and institutions
Private households
Nonprofit institutions

9
10
11

18.5

18.5

18.9

18.6

19.0

19.5

19.6

19.0

18.8

19.0

19.3

20.7

20.2

20.9

21.7

22.8

22.2

22.1

22.6

22.8

Government
Federal
State and local

12
13
14

84.0
50.5
33.5

85.5
51.8
33.7

86.5
52.5
34.0

86.0
51.6
34.4

85.2
50.5
34.7

85.1
50.0
35.1

85.2
49.6
35.6

84.4
48.3
36.0

83.9
47.5
36.4

83.8
47.1
36.7

84.3
47.2
37.1

84.6
47.0
37.5

84.3
46.4
37.8

84.0
45.8
38.2

84.7
45.8
38.9

85.3
45.8
39.5

85.3
45.4
39.9

86.2
45.5
40.8

87.3
45.8
41.5

87.9
45.8
42.1

15

3.9

4.0

4.0

3.8

3.8

4.0

3.6

3.6

3.8

3.8

3.9

4.4

4.5

4.4

4.6

4.7

5.2

5.2

5.3

4.7

16

459.0

457.4

461.6

476.1

484.7

488.7

484.5

479.4

471.5

468.4

475.8

484.7

500.6

508.8

516.7

520.7

517.5

519.6

518.0

524.8

III

IV

III

IV

III

IV

III

IV

III

IV

Gross national product
Gross domestic product

Rest of the world
Addendum:
Gross domestic business product
less housing.

1957
Line

II

1958
II

I

1959
I

II

1960
I

II

1961
I

II

1

683.5

684.1

688.5

679.1

665.5

669.9

685.9

702.5

711.5

726.2

721.2

727.9

740.7

738.4

737.7

732.1

737.7

750.1

759.6

779.0

2

678.0

678.1

682.8

674.5

660.8

665.2

681.3

697.9

707.0

721.7

716.2

722.5

735.6

733.3

732.4

726.7

732.0

744.6

754.0

773.3

3
4
5
6
7
8

566.7
540.6
501.9
38.7
28.6
-2.5

566.0
540.6
501.2
39.4
28.3
-2.9

569.5
541.9
501.8
40.1
27.9
-.2

562.3
535.0
494.3
40.8
28.2
-.9

548.3
521.3
479.9
41.5
29.5
-2.5

550.6
521.2
479.1
42.0
29.0
.4

565.9
533.9
491.2
42.6
29.3
2.8

582.2
551.9
508.7
43.2
29.7
.7

591.0
565.4
521.5
43.9
28.8
-3.2

605.1
581.7
537.0
44.7
27.7
-4.4

599.1
573.2
527.6
45.6
26.7
-.8

604.6
575.6
529.1
46.4
28.1
.9

615.9
589.9
542.9
47.0
28.1
-2.0

611.0
586.2
538.6
47.6
28.8
-3.9

610.1
583.2
534.8
48.4
30.0
-3.1

603.3
577.5
528.2
49.3
29.9
-4.2

607.5
579.1
529.3
49.9
29.7
-1.4

620.0
591.0
540.5
50.5
28.9
.0

628.1
599.7
548.4
51.2
28.5
-.1

644.7
615.4
563.2
52.2
28.6
.7

9.
10
.... 11

23.0

23.1

23.3

23.1

23.7

24.7

24.3

24.1

24.2
6.7
17.6

24.7
6.8
17.8

24.8
6.7
18.1

25.2
6.7
18.5

26.0
6.6
19.4

26.7
6.8
20.0

26.7
6.8
19.9

27.1
6.9
20.3

27.2
6.9
20.2

26.7
6.4
20.3

26.7
6.3
20.5

27.4
6.6
20.8

12
13
14

88.3
45.9
42.4

89.0
46.2
42.9

90.0
46.4
43.5

89.1
44.9
44.3

88.8
44.1
44.6

90.0
44.5
45.5

91.1
44.8
46.2

91.5
44.6
46.9

91.7
44.6
47.1

91.9
44.5
47.4

92.3
44.4
47.9

92.8
44.4
48.4

93.7
44.7
49.0

95.5
45.8
49.7

95.7
45.2
50.5

96.2
45.1
51.1

97.3
45.2
52.1

97.9
45.5
52.4

99.1
46.2
53.0

101.1
47.8
53.3

15

5.5

6.0

5.7

4.6

4.7

4.7

4.6

4.6

4.5

4.6

5.0

5.4

5.1

5.1

5.3

5.4

5.8

5.5

5.6

5.8

16

528.0

526.6

529.4

521.5

506.8

508.5

523.3

539.1

547.1

560.4

553.5

558.1

568.9

563.5

561.7

554.0

557.6

569.5

576.9

592.5

Gross national product
Gross domestic product
Business
Nonfarm
Nonfarm less housing
Housing
Farm
Statistical discrepancy
Households and institutions
Private households
Nonprofit institutions

I

Government
Federal
State and local
Rest of the world
Addendum:
Gross domestic business product
less housing.




Table 1.6.—Gross National Product by Sector in Constant Dollars: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates,
1947-76—Continued
[Billions of 1972 dollars]
1964

1963

1962
Line
I

III

II

IV

I

II

III

IV

I

II

1966

1965
III

IV

I

III

II

IV

II

I

III

IV

1

789.2

798.4

805.5

808.0

815.0

826.7

839.8

848.6

864.2

873.7

880.9

886.8

906.7

919.7

934.1

956.8

975.4

979.3

987.9

996.6

2

783.4

792.1

799.0

800.6

808.0

819.9

832.9

841.5

856.4

866.2

873.2

879.6

898.5

911.3

926.2

949.6

968.1

972.0

980.7

989.2

Business
Nonfarm
Nonfarm less housing
Housing
Farm
Statistical discrepancy

3
4
5
6
7
8

654.0
623.3
570.3
52.9
28.8
2.0

661.9
628.1
574.1
54.0
29.2
4.6

667.6
635.1
580.1
54.9
28.8
3.8

669.1
639.5
583.5
56.0
28.5
1.1

675.8
645.0
588.6
56.4
29.4
1.4

686.5
656.3
599.2
57.1
30.0
.3

697.9
665.4
607.7
57.8
29.5
3.0

706.0
672.1
613.5
58.7
29.3
4.5

719.8
686.5
627.2
59.3
28.3
5.0

727.8
696.2
636.1
60.1
28.6
3.0

734.1
706.7
645.7
61.0
29.3
-1.9

739.5
715.6
653.4
62.1
29.2
-5.3

757.7
731.7
668.7
63.0
30.0
-4.0

768.9
743.9
680.1
63.8
29.5
-4.5

781.7
751.5
686.6
64.9
30.5
-.4

802.6
771.1
705.1
66.0
29.1
2.5

818.8
785.6
718.9
66.6
29.7
3.5

820.6
790.0
722.6
67.4
28.2
2.5

825.6
798.5
730.0
68.4
27.2
.0

831.0
802.1
732.6
69.6
27.8
1.0

Households and institutions
Private households
Nonprofit institutions

9
10
11

27.6
6.7
21.0

27.8
6.3
21.5

28.5
6.5
22.0

28.6
6.5
22.0

28.6
6.6
22.0

28.6
6.4
22.2

29.0
6.5
22.5

29.2
6.2
23.0

29.4
6.3
23.1

30.1
6.6
23.4

29.7
6.4
23.3

29.9
6.1
23.8

30.5
6.0
24.5

30.6
6.1
24.6

31.1
6.2
24.9

31.5
6.3
25.2

32.1
6.0
26.1

32.0
5.6
26.4

33.0
5.9
27.0

33.4
6.0
27.4

Government
Federal
State and local

12
13
14

101.8
48.5
53.3

102.4
48.5
53.9

102.9
48.3
54.6

102.9
47.7
55.2

103.6
47.8
55.9

104.8
48.3
56.5

106.0
48.5
57.5

106.3
48.2
58.1

107.3
48.1
59.2

108.4
48.4
60.0

109.4
48.8
60.6

110.3
48.6
61.7

110.4
48.1
62.2

111.7
48.3
63.5

113.5
48.8
64.7

115.4
49.8
65.6

117.1
50.8
66.4

119.3
52.0
67.3

122.1
53.8
68.3

124.8
55.3
69.5

15

5.8

6.3

6.4

7.3

6.9

6.7

6.9

7.1

7.7

7.4

7.7

7.2

8.2

8.4

7.8

7.2

7.4

7.3

7.2

7.5

16

601.1

607.9

612.7

613.1

619.4

629.5

640.1

647.3

660.5

667.7

673.1

677.3

694.7

705.1

716.8

736.7

752.2

753.2

757.2

761.4

III

IV

III

IV

III

IV

III

IV

III

IV

Gross national product
Gross domestic product

Rest of the world
Addendum:
Gross domestic business product
less housing.

I

II

1969

1968

1967
Line

I

II

I

II

1970
I

II

1971
I

II

1

997.8 1,004.2 1,016.2 1,027.3 1,036.6 1,055.7 1,068.2 1,071.8 1,084.2 1,088.8 1,092.0 1,085.6 1,081.4 1,083.0 1,093.3 1,084.7 1,111.5 1,116.9 1,125.7 1,135.4

2

990.5

997.1 1,008.4 1,019.6 1,028.7 1,047.6 1,059.9 1,063.6 1,075.9 1,080.8 1,084.3 1,077.9 1,073.5 1,074.7 1,085.0 1,077.1 1,102.4 1,107.2 1,116.4 1,125.3

Business
Nonfarm
Nonfarm less housing
Housing
Farm
Statistical discrepancy

3
4
5
6
7
8

830.5
800.7
730.3
70.5
29.0
.7

836.1
807.7
736.3
71.4
28.8
-.4

845.5
815.8
743.4
72.3
29.8
-.2

855.8
826.8
753.5
73.3
30.4
-1.4

863.6
838.0
763.9
74.1
29.3
-3.8

880.0
851.4
776.9
74.5
27.9
.6

890.6
863.3
788.0
75.3
29.3
-2.0

894.2
869.7
793.4
76.3
29.5
-4.9

905.4
877.3
799.9
77.4
30.7
-2.6

908.7
882.9
804.2
78.7
29.1
-3.2

910.6
885.9
806.2
79.7
29.4
-4.7

903.5
881.5
800.9
80.6
28.9
-6.9

900.5
875.0
794.0
81.0
30.0
-4.4

902.1
874.9
793.5
81.3
31.5
-4.3

912.6
882.6
800.6
82.0
30.5
-.5

904.1
869.0
786.3
82.8
32.5
2.6

928.4
889.7
806.2
83.4
34.0
4.8

933.4
895.2
810.9
84.3
32.2
5.9

942.0
905.2
819.8
85.4
31.7
5.1

950.3
916.5
829.8
86.7
32.6
1.2

Households and institutions
Private households
Nonprofit institutions

9
10
11

33.8
6.0
27.8

34.2
6.0
28.2

34.5
5.9
28.6

34.7
5.8
28.9

34.3
5.6
28.7

35.3
5.8
29.4

35.9
5.7
30.2

36.2
5.4
30.8

36.4
5.4
31.0

36.8
5.4
31.4

37.3
5.3
32.0

37.5
5.3
32.2

37.0
5.2
31.9

36.7
5.0
31.7

36.3
4.9
31.4

36.7
5.0
31.8

37.4
4.9
32.5

37.4
4.7
32.7

37.6
4.7
32.9

37.8
4.7
33.1

Government
Federal
State and local

12
13
14

126.2
56.9
69.3

126.8
56.9
69.9

128.5
57.5
71.0

129.2
57.3
71.9

130.8
57.7
73.1

132.4
58.4
74.0

133.4
58.5
74.8

133.1
57.6
75.6

134.1
57.8
76.3

135.2
58.2
77.0

136.4
58.6
77.8

136.9
58.2
78.7

136.0
56.4
79.6

136.0
55.5
80.5

136.1
54.8
81.3

136.3
54.1
82.2

136.6
53.6
83.0

136.4
52.8
83.7

136.7
52.2
84.6

137.1
51.5
85.6

15

7.3

7.2

7.8

7.7

7.9

8.1

8.3

8.3

8.3

8.0

7.7

7.7

7.9

8.3

8.3

7.6

9.0

9.7

9.3

10.1

16

760.0

764.7

773.1

782.5

789.5

805.5

815.4

817.9

828.0

830.1

830.9

822.9

819.6

820.7

830.6

821.3

845.0

849.1

856.6

863.6

III

IV

III

IV

III

IV

III

IV

III

IV

Gross national product
Gross domestic product

Rest of the world
Addendum:
Gross domestic business product
less housing.

1972

1973

1974

1975

1976

.Line
I
Gross national product
Gross domestic product

II

I

II

I

II

I

II

I

II

1

1,157.2 1,178.5 1,193.1 1,214.8 1,247.1 1,249.0 1,256.8 1,267.0 1,254.7 1,256.3 1,248.6 1,232.4 1,206.3 1,221.0 1,248.4 1,259.7 1,287.2 1,295.8 1,303.3 1,315.4

2

1,146.6 1,168.1 1,181.8 1,203.6 1,233.9 1,234.6 1,240.2 1,250.6 1,236.0 1,238.1 1,231.6 1,217.3 1,192.9 1,208.1 1,234.9 1,244.1 1,272.6 1,280.0 1,287.3 1,299.4

Business
Nonfarm
Nonfarm less housing
Housing
Farm
Statistical discrepancy

3
4
5
6
7
8

971.5
936.5
848.6
87.9
34.4
.7

Households and institutions
Private households
Nonprofit institutions

9
10
11

38.0
4.7
33.3

38.7
4.7
34.0

38.7
4.6
34.0

39.2
4.5
34.7

38.9
4.5
34.5

39.4
4.4
35.0

39.5
4.5
35.0

39.8
4.6
35.2

39.5
4.5
35.0

39.3
4.0
35.3

39.2
3.6
35.6

39.2
3.4
35.8

39.7
3.5
36.3

40.4
3.7
36.7

40.8
3.7
37.1

41.0
3.6
37.4

40.9
3.6
37.3

40.9
3.7
37.2

41.0
3.8
37.1

40.9
3.8
37.1

Government
Federal
State and local

12
13
14

137.0
50.6
86.4

137.2
49.8
87.3

138.1
49.8
88.2

138.9
49.9
89.0

138.8
49.1
89.7

138.7
48.3
90.4

138.9
47.7
91.2

139.9
47.8
92.1

141.3
48.6
92.7

142.0
48.5
93.4

142.6
48.5
94.1

143.5
48.6
94.9

144.2
48.5
95.7

144.8
48.4
96.4

145.1
48.3
96.8

145.4
48.3
97.1

145.8
48.5
97.3

146.0
48.5
97.5

146.5
48.5
97.9

146.9
48.6
98.4

15

10.6

10.5

11.3

11.2

13.2

14.4

16.5

16.3

18.8

18.2

17.0

15.1

13.4

12.8

13.6

15.6

14.6

15.8

16.0

16.0

16

883.7

903.1

914.5

933.7

963.5

962.7

966.9

974.7

957.4

957.8

949.6

933.5

907.5

921.2

946.4

954.0

981.3

987.4

Rest of the world

992.2 1,005.0 1,025.5 1,056.2 1,056.4 1,061.9 1,071.0 1,055.1 1,056.9 1,049.8 1,034.6 1,008.9 1,023.0 1,049.0 1,057.7 1,085.9 1,093.1 1,099.8 1,111.6
953.6 970.6 992.8 1,023.0 1,026.3 1,030.7 1,036.2 1,024.9 1,020.5 1,013.2 997.9 970.3 984.7 1,009.9 1,021.6 1,049.7 1,058.6 1,065.9 1,072.3
864.5 880.0 900.9 930.3 932.6 935.8 939.8 927.2 921.4 912.9 896.8 868.9 882.9 907.3 917.9 945.1 952.9 958.3 962.3
93.7
91.9
92.7
96.3
89.1
90.5
94.9
97.7
99.0 100.2 101.1 101.4 101.8 102.6 103.7 104.6 105.7 107.7 109.9
33.8
30.8
32.6
31.1
29.3
33.4
28.6
29.9
33.2
31.9
32.2
31.8
34.3
35.0
33.5
33.4
31.2
31.2
32.7
4.8
1.9
.5 - 1 . 0
1.8
1.5
.4
5.9
3.2
4.7
4.5
6.8
4.0
2.6
4.1
2.8
3.3
2.7
6.6

Addendum:
Gross domestic business product
less housing.

NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1.




992.2 1,001.6

Table 1.7.—Relation of Gross National Product, Net National Product, National Income, and Personal Income: Annually, 1929-76, and Seasonally
Adjusted Quarterly Totals at Annual Rates, 1946-76
[Millions of dollars]
Line

1929

1930

1931

1932

1933

1934

1935

1936

1937

1938

1939

1940

1941

1942

1943

1944

1

103,420

90,700

76,073

58,280

55,818

65,291

72,494

82,743

90,879

85,012

90,927

100,018

125,038

158,452

192,130

210,638

Less:
Capital
consumption 2
allowances with capital consumption adjustment.
Capital
consumption 3
allowances without capital consumption adjustment.
Less: Capital consumption 4
adjustment.

9,731

9,564

8,913

7,788

7,442

7,774

7,682

7,797

8,583

8,773

8,693

9,056

9,992

11,157

11,452

11,737

7,308

7,496

7,528

7,147

6,786

6,587

6,567

6,603

6,700

6,821

6,886

7,104

7,748

8,779

9,180

9,927

-2,423

-2,068

-1,385

-641

-656

-1,187

-1,115

-1,194

-1,883

-1,952

-1,807

-1,952

-2,244

-2,378

-2,272

-1,810

Gross national product

5

93,689

81,136

67,160

50,492

48,376

57,517

64,812

74,946

82,296

76,239

82,234

90,962

115,046

147,295

180,678

198,901

Less: Indirect business tax and 6
nontax liability.
Business transfer payments... 7
8
Statistical discrepancy

7,051

7,202

6,900

6,803

7,082

7,842

8,217

8,690

9,183

9,182

9,392

10,051

11,319

11,808

12,761

14,161

587
1,104

534
-512

649
897

737
457

659
704

641
629

594
-104

594
1,391

567
129

429
738

451
1,433

431
1,135

502
558

495
-822

505
-1,766

506
2,749

Plus: Subsidies less current sur- 9
plus of government enterprises.

-152

-129

-56

-67

-32

217

335

-27

-2

116

426

360

50

95

135

612

10

84,795

73,783

58,658

42,428

39,899

48,622

56,440

64,244

72,415

66,006

71,384

79,705

102,717

135,909

169,313

182,097

Less: Corporate profits with inven- 11
tory valuation and capital consumption adjustments.
12
Net interest
Contributions for social in- 13
surance.
Wage accruals less disburse- 14
ments.

9,049

5,795

1,221

-1,820

-1,748

874

2,523

4,744

5,644

3,733

5,338

8,640

14,126

19,308

23,528

23,633

4,705
243

4,921
253

4,953
262

4,618
278

4,068
285

4,126
304

4,090
333

3,801
598

3,712
1,800

3,612
1,977

3,572
2,136

3,296
2,282

3,269
2,784

3,138
3,468

2,723
4,516

2,352
5,173

0

0

0

0

0

0

0

0

0

0

0

0

0

0

209

-193

Equals: Net national product

Equals: National income

Plus: Government transfer payments to persons.
Personal interest income
Personal dividend income
Business transfer payments...

15

919

1,009

2,075

1,443

1,466

1,562

1,817

2,938

1,864

2,418

2,526

2,700

2,621

2,651

2,461

3,083

16
17
18

6,889
5,801
587

6,448
5,468
534

6,465
4,066
649

6,071
2,544
737

5,547
2,038
659

5,661
2,567
641

5,594
2,844
594

5,367
4,523
594

5,489
4,660
567

5,345
3,165
429

5,353
3,766
451

5,268
4,016
431

5,334
4,431
502

5,178
4,254
495

5,096
4,446
505

5,173
4,617
506

Equals: Personal income

19

84,994

76,273

65,477

50,147

47,004

53,749

60,343

68,523

73,839

68,041

72,434

77,902

95,426

122,573

150,845

164,511

Line

1945

1946

1947

1948

1949

1950

1951

1952

1953

1954

1955

1956

1957

1958

1959

1960

1

212,444

209,845

233,054

259,504

258,316

286,457

330,765

347,967

366,792

366,847

400,042

421,699

443,959

449,670

487,902

506,512

Less:
Capital
consumption 2
allowances with capital consumption adjustment.
Capital
consumption 3
allowances without capital consumption adjustment.
Less: Capital consumption 4
adjustment.

12,249

14,022

17,341

20,214

21,787

23,496

27,165

29,269

30,979

32,702

34,787

38,728

41,707

43,490

44,936

46,267

10,326

9,010

11,090

13,151

15,136

16,842

19,322

21,401

23,876

26,372

29,506

32,173

34,929

36,722

38,706

40,980

-1,923

-5,012

-6,251

-7,063

-6,651

-6,654

-7,843

-7,868

-7,103

-6,330

-5,281

-6,555

-6,778

-6,768

-6,230

-5,287

Gross national product

5

200,195

195,823

215,713

239,290

236,529

262,961

303,600

318,698

335,813

334,145

365,255

382,971

402,252

406,180

442,966

460,245

Less: Indirect business tax and 6
nontax liability.
Business transfer payments- 7
8
Statistical discrepancy

15,549

17,124

18,443

20,124

21,337

23,422

25,280

27,703

29,730

29,636

32,225

35,070

37,491

38,665

41,792

45,389

532
4,095

478
502

580
1,536

700
-1,553

751
562

778
1,306

934
3,153

1,046
1,727

1,201
2,273

1,077
2,021

1,245
1,315

1,366
-2,136

1,515
-1,237

1,560
162

1,771
-1,309

1,974
-2,390

Plus: Subsidies less current sur- 9
plus of government enterprises.

719

851

-209

-148

-254

114

-102

-324

-487

-324

-18

734

692

1,083

70

422

10

180,738

178,570

194,945

219,871

213,625

237,569

274,131

287,898

302,122

301,087

330,452

349,405

365,175

366,876

400,782

415,694

Less: Corporate profits with inven- 11
tory valuation and capital consumption adjustments.
12
Net interest
Contributions for social in- 13
surance.
Wage accruals less disburse- 14
ments.

19,041

16,581

22,279

29,422

27,145

33,948

38,665

36,089

36,317

35,156

45,486

43,744

43,253

38,484

49,611

47,644

2,208
6,138

1,786
6,101

2,342
5,817

2,444
5,366

2,670
5,895

3,003
7,058

3,527
8,475

3,952
8,970

4,444
9,133

5,270
10,110

5,909
11,452

6,575
12,936

7,908
14,880

9,570
15,208

10,342
18,006

11,429
21,058

14

-30

15

35

-46

24

74

-22

-76

0

0

0

0

0

0

0

Equals: Net national product

Equals: National income

D

lus: Government transfer payments to persons.
Personal interest income
Personal dividend income
Business transfer payments...

15

5,638

10,848

11,150

10,627

11,722

14,404

11,644

12,103

12,900

15,104

16,236

17,310

20,081

24,341

25,209

26,966

16
17
18

5,851
4,600
532

6,590
5,560
478

7,556
6,302
580

8,068
7,015
700

8,731
7,210
751

9,660
8,803
778

10,454
8,520
934

11,221
8,493
1,046

12,488
8,795
1,201

13,722
9,149
1,077

14,944
10,311
1,245

16,666
11,085
1,366

18,773
11,514
1,515

20,327
11,304
1,560

22,455
12,171
1,771

24,953
12,890
1,974

Iquals: Personal income

19

169,958

177,608

190,080

209,014

206,375

227,181

254,942

271,772

287,688

289,603

310,341

332,577

351,017

361,146

384,429

402,346




Table 1.7.—Relation of Gross National Product, Net National Product, National Income, and Personal Income: Annually, 1929-76, and Seasonally
Adjusted Quarterly Totals at Annual Rates, 1946-76—Continued
[Millions of dollars]
1976

1975

1961

1962

1963

1964

1965

1966

1967

1968

1969

1970

1

524,554

565,039

596,714

637,719

691,051

755,981

799,585

873,392

943,996

992,734 1,077,619 1,185,923 1,326,396 1,434,220 1,549,212 1,718,018

Less:
Capital
consumption 2
allowances with capital consumption adjustment.
Capital
consumption 3
allowances without capital consumption adjustment.
Less: Capital consumption 4
adjustment.

47,510

48,966

50,589

52,885

56,041

60,665

65,850

72,073

79,991

88,059

96,511

106,417

116,469

135,990

159,300

175,018

42,807

47,382

50,242

53,382

57,106

61,448

66,256

71,482

77,944

83,177

89,006

99,138

107,245

118,222

129,156

139,181

-4,703

-1,584

-347

497

1,065

783

406

-591

-2,047

-4,882

-7,505

-7,279

5

477,044

516,073

546,125

584,834

635,010

695,316

733,735

801,319

864,005

904,675

981,108 t,079,506 1,209,927 1,298,230 1,389,912 1,543,000

Less: Indirect business tax and 6
nontax liability.
Business transfer payments- 7
8
Statistical discrepancy

48,035

51,557

54,638

58,752

62,575

65,320

70,239

78,860

86,551

94,283

103,682

111,459

120,925

129,065

140,057

151,718

2,035
-122

2,144
2,132

2,405
1,717

2,655
144

2,812
-1,211

3,040
1,380

3,137
-258

3,378
-2,113

3,888
-3,886

4,080
-1,495

4,444
4,098

4,861
3,312

5,515
764

5,803
3,736

7,436
5,477

7,920
5,102

Plus: Subsidies less current sur- 9
plus of government enterprises.

1,683

1,758

1,120

1,658

1,610

2,496

1,619

1,354

1,886

2,910

2,631

3,775

3,449

1,117

2,420

973

428,779

461,998

488,485

524,941

572,444

628,072

662,236

722,548

779,338

810,717

871,515

85,103

82,382

89,132

85,056

71,383

83,228

96,604

108,315

94,890

110,493

138,097

Gross national product

Equals: Net national product

Equals: National income

10

1971

1974

1973

1972

Line

-9,224 -17,768 -30,144 -35,837

963,649 1,086,172 1,160,743 1,239,362 1,379,233

Less: Corporate profits with inventory valuation and capital consumption adjustments.
Net interest
Contributions for social insurance.
Wage accruals less disbursements.

11

48,585

56,584

62,136

69,172

79,959

12
13

13,009
21,936

14,666
24,335

16,402
27,313

18,288
28,663

21,041
30,024

24,440
38,824

27,550
43,385

29,998
47,939

34,794
54,953

41,448
58,590

46,483
64,640

51,210
74,202

60,208
92,434

76,100
104,348

84,465
110,879

87,225
126,029

14

0

0

0

0

0

0

0

0

0

0

582

4

-56

-530

0

0

Plus: Government transfer payments to persons.
Personal interest income
Personal dividend income
Business transfer payments-

15

30,782

31,626

33,433

34,775

37,602

41,627

49,458

56,447

62,762

76,069

89,991

99,820

113,997

135,418

170,872

186,353

16
17
18

26,403
13,347
2,035

29,033
14,410
2,144

32,223
15,504
2,405

35,632
17,325
2,655

39,699
19,120
2,812

44,356
19,439
3,040

48,319
20,157
3,137

53,368
21,932
3,378

61,110
22,378
3,888

69,428
22,215
4,080

74,803
22,628
4,444

80,935
24,108
4,861

93,890
26,510
5,515

112,364
29,073
5,803

123,202
29,928
7,436

132,523
36,514
7,920

Equals: Personal income

19

417,816

443,626

466,199

499,205

540,653

588,167

629,990

690,604

754,673

811,088

868,448

951,353 1,065,183 1,168,593 1,264,963 1,391,192

[Billions of dollars]
1947

1946
Line

Gross national product

1

Less:
Capital
consumption 2
allowances with capital consumption adjustment.
Capital
consumption 3
allowances without capital consumption adjustment.
Less: Capital consumption 4
adjustment.

III

IV

225.1

229.3

233.6

244.0

16.3

16.9

17.7

18.5

9.6

10.1

11.0

11.3

-5.1

-5.6

-6.1

-6.0

III

IV

205.3

215.6

220.7

13.2

13.5

14.2

15.2

8.6

8.8

9.1

-4.6

-4.7

197.7

I

1950

1949

1948
I

II

II

I

II

III

IV

267.6

277.1

294.8

306.3

22.4

22.8

23.8

24.9

15.8

16.3

16.5

17.1

17.6

-6.6

-6.4

-6.1

-6.4

-6.7

-7.4

II

III

IV

260.5

257.0

258.9

256.8

21.3

21.7

21.9

22.3

14.0

14.5

14.9

15.3

-7.4

-7.4

-6.8

-6.8

II

III

IV

250.0

257.5

264.5

265.9

19.1

19.7

20.7

21.3

11.9

12.4

12.9

13.4

-6.3

-6.6

-6.7

-6.9

I

I

5

184.5

191.8

201.4

205.5

208.9

212.4

216.0

225.4

230.9

237.7

243.7

244.5

239.2

235.3

237.0

234.5

245.2

254.3

271.0

281.4

Less: Indirect business tax and 6
nontax liability.
Business transfer payments- 7
8
Statistical discrepancy

16.4

16.9

17.5

17.7

18.0

18.1

18.4

19.3

19.3

20.0

20.4

20.7

20.8

.21.2

21.7

21.6

22.0

22.9

24.9

23.9

.4
1.8

.5
.8

.5
.8

.5
-1.3

.5
-.2

.6
1.7

.6
2.0

.6
2.6

.7
-.8

.7
-2.5

.7
-1.0

.7
-2.1

.7
-.7

.7
.1

.8
1.1

.8
1.4

.8
3.4

.8
1.3

.8
.5

.8
.1

Plus: Subsidies less current sur- 9
plus of government enterprises.

1.8

1.3

.2

.1

-.1

-.1

-.3

-.4

-.3

-.4

-.1

.2

-.2

-.2

-.2

-.3

.1

.1

.0

.3

Equals: Net national product

Equals: National income

10

167.6

174.9

182.8

188.7

190.5

191.9

194.7

202.5

211.5

2194

223.5

225.4

218.1

213.0

213.2

210.4

219.1

229.4

244.8

256.8

Less: Corporate profits with inventory valuation and capital consumption adjustments.
Net interest
Contributions for social insurance.
Wage accruals less disbursements.

11

12.8

16.2

17.4

19.8

19.2

22.7

22.8

24.3

28.2

30.0

29.1

30.5

29.2

26.8

28.1

24.8

28.3

31.9

36.3

39.3

12
13

1.7
6.2

1.8
6.2

1.8
6.1

1.9
5.9

2.4
6.2

2.4
6.2

2.3
5.5

2.3
5.4

2.5
5.3

2.4
5.3

2.4
5.4

2.4
5.5

2.6
5.9

2.7
5.9

2.7
5.9

2.7
5.9

2.9
6.8

3.0
6.8

3.0
7.1

3.1
7.5

14

.8

-.9

.0

.0

.0

.0

.0

.0

.1

.1

-.2

.1

.1

-.3

.0

.0

.0

.0

.0

.1

Plus: Government transfer payments to persons.
Personal interest income
Personal dividend income
Business transfer payments-

15

11.8

11.0

10.6

9.9

10.1

9.9

13.8

10.9

11.0

10.8

10.5

10.2

11.0

11.6

12.1

12.4

20.7

14.2

11.2

11.4

16
17
18

6.0
5.1
.4

6.3
5.5
.5

6.6
5.7
.5

6.7
6.1
.5

7.3
6.1
.5

7.4
6.4
.6

7.5
6.6
.6

7.6
6.5
.6

7.9
7.1
.7

7.9
6.7
.7

8.0
7.1
.7

8.1
7.4
.7

8.4
7.2
.7

8.6
7.2
.7

8.7
7.1
.8

8.9
7.4
.8

9.2
8.3
.8

9.4
8.3
.8

9.8
9.1
.8

9.9
9.5
.8

Equals: Personal income

19

169.4

174.9

180.9

184.4

186.7

184.9

192.5

196.0

202.0

207.5

213.2

213.3

207.6

206.1

205.3

206.4

220.0

220.4

229.2

238.5




Table 1.7.—Relation of Gross National Product, Net National Product, National Income, and Personal Income: Annually, 1929-76, and Seasonally
Adjusted Quarterly Totals at Annual Rates, 1946-76—Continued
[Billions of dollars]
1952

1951
Line
II

I
Gross national product

1

Less:
Capital
consumption 2
allowances with capital consumption adjustment.
Capital
consumption 3
allowances without capital consumption adjustment.
Less: Capital consumption 4
adjustment.
Equals: Net national product

5

320.4

III

IV

I

328.3

335.0

339.2

341.9

III

IV

342.1

347.8

360.0

366.1

II

III

IV

362.5

362.3

366.7

375.6

32.9

33.6

I

II

I

1955

1954

1953

II

III

IV

369.4

368.4

363.1

II

III

IV

388.2

396.2

404.8

411.0

33.6

34.0

35.6

36.0

I

26.1

26.8

27.5

28.3

28.6

29.1

29.3

30.0

30.2

30.7

31.4

31.6

31.9

32.4

18.2

19.0

19.7

20.4

20.7

21.1

21.6

22.2

22.7

23.5

24.3

25.1

25.4

26.0

26.6

27.5

28.2

28.9

30.3

30.7

-7.9

-7.8

-7.8

-7.9

-7.9

-8.0

-7.7

-7.8

-7.5

-7.3

-7.1

-6.5

-6.5

-6.4

-6.3

-6.1

-5.4

-5.1

-5.2

-5.3

294.3

301.5

307.5

311.0

313.3

313.1

318.4

330.0

335.9

338.7

337.0

331.5

330.6

329.9

333.8

342.0

354.6

362.2

369.2

375.0

25.9

26.7

27.5

27.9

28.7

29.3

29.8

30.0

29.8

29.4

29.6

29.5

30.1

31.0

32.0

32.7

33.2

1.1
1.2

1.1
2.0

1.1
2.2

1.3
2.1

1.2
1.6

1.2
3.1

1.1
2.4

1.1
2.0

1.0
2.3

1.1
1.3

1.1
2.6

1.2
.8

1.3
1.0

1.3
.2

Less: Indirect business tax and 6
nontax liability.
Business transfer payments- 7
Statistical discrepancy
8

25.6
.9
1.7

.9
3.5

1.0
4.6

1.0
2.5

1.0
2.7

1.0
.7

Plus: Subsidies less current sur- 9
plus of government enterprises.

-.2

-.1

-.1

.0

-.2

-.8

.0

-.3

-.2

-.4

-.6

-.8

-.6

.0

-.2

-.5

-.2

.1

-.2

.2

24.6

25.0

Equals: National income

10

265.9

272.4

276.9

281.5

282.7

283.1

288.3

297.9

303.0

305.2

303.8

296.5

297.1

297.3

300.8

309.0

319.7

328.2

334.1

340.4

Less: Corporate profits with inventory valuation and capital consumption adjustments.
Net interest
Contributions for social insurance.
Wage accruals less disbursements.

11

38.2

38.3

38.8

39.6

37.2

34.8

34.4

38.3

39.3

38.5

37.2

30.3

32.6

33.7

35.4

38.8

44.3

45.5

46.0

46.8

12
13

3.3
8.4

3.5
8.5

3.7
8.4

3.7
8.6

3.8
9.0

3.9
8.9

4.0
8.9

4.1
9.1

4.2
9.2

4.3
9.3

4.4
9.1

4.8
9.0

5.0
10.0

5.1
10.0

5.4
10.1

5.6
10.3

5.7
11.0

5.9
11.3

6.0
11.7

6.0
11.8

14

.2

-.1

.8

-•6

.1

.1

-.3

.0

.0

-.1

-.1

-.1

.0

.0

.0

.0

.1

.5

-.6

.0

Plus: Government transfer payments to persons.
Personal interest income
Personal dividend income
Business transfer payments...

15

11.4

11.7

11.8

11.8

11.5

11.7

12.5

12.6

12.7

12.7

13.0

13.4

14.3

15.0

15.4

16.0

15.9

16.2

16.3

16.4

16
17
18

10.2
8.3
.9

10.4
8.5
.9

10.5
8.4
1.0

10.6
8.5
1.0

10.8
8.0
1.0

11.0
8.5
1.0

11.3
8.5
1.1

11.7
8.7
1.1

12.0
8.4
1.1

12.3
9.1
1.3

12.5
9.0
1.2

13.1
8.8
1.2

13.3
9.3
1.1

13.5
8.7
1.1

13.8
9.1
1.0

14.1
9.2
1.1

14.3
9.8
1.1

14.6
9.9
1.2

15.1
10.5
1.3

15.4
10.7
1.3

Equals: Personal income

19

246.6

253.6

256.9

262.1

263.9

267.7

274.6

280.4

284.5

288.6

288.8

289.0

287.6

286.6

289.2

294.7

299.6

306.9

314.2

319.7

II

III

IV

II

III

IV

II

III

IV

II

III

IV

II

III

IV

1957

1956

1958

1959

1960

Line
I
Gross national product

I

I

I

I

1

412.8

418.4

423.5

432.1

440.2

442.3

449.4

444.0

436.8

440.7

453.9

467.0

477.0

490.6

489.0

495.0

506.9

506.3

508.0

504.8

Less:
Capital
consumption 2
allowances with capital consumption adjustment.
Capital
consumption 3
allowances without capital consumption adjustment.
Less: Capital consumption 4
adjustment.

37.2

38.1

39.3

40.3

40.9

41.3

41.9

42.6

42.5

43.1

43.8

44.5

44.7

44.8

45.0

45.2

45.7

46.1

46.5

46.7

31.5

31.9

32.3

32.9

33.7

34.5

35.4

36.2

36.3

36.3

36.8

37.4

37.9

38.6

38.8

39.6

40.3

40.7

41.3

41.6

-5.7

-6.1

-6.9

-7.4

-7.3

-6.8

-6.5

-6.5

-6.2

-6.8

-7.0

-7.2

-6.8

-6.2

-6.2

-5.7

-5.4

-5.3

-5.2

-5.1

5

375.6

380.3

384.2

391.7

399.2

400.9

407.5

401.3

394.3

397.6

410.0

422.4

432.3

445.8

444.0

449.7

461.2

460.2

461.5

458.1

Less: Indirect business tax and 6
nontax liability.
Business transfer payments... 7
Statistical discrepancy
8

33.8

34.4

35.4

36.6

37.0

37.4

37.9

37.6

37.8

38.3

38.7

39.9

40.5

41.0

42.5

43.2

44.5

45.2

45.7

46.2

1.3
-1.6

1.4
-2.1

1.4
-2.1

1.4
-2.1

1.5
-1.7

1.5
-2.0

1.5
-.2

1.6
-.7

1.6
-1.7

1.6
.3

1.6
2.0

1.6
.5

1.7
-2.2

1.7
-3.1

1.8
-.6

1.9
.7

1.9
-1.5

2.0
-2.9

2.0
-2.2

2.0
-3.0

.3

.7

.8

1.1

.5

1.1

.7

.5

.8

.8

1.3

1.5

.2

-.2

.1

.2

.2

.4

.3

.8

Equals: Net national product

Plus: Subsidies less current sur- 9
plus of government enterprises.
Equals: National income

10

342.3

347.3

350.3

357.0

363.0

365.1

368.9

363.3

357.5

358.3

369.1

382.0

392.7

405.9

400.4

404.2

416.5

416.3

416.3

413.6

Less: Corporate profits with inventory valuation and capital consumption adjustments.
Net interest
Contributions for social insurance.
Wage accruals less disbursements.

11

44.3

44.1

42.8

43.2

44.9

44.2

43.7

40.0

34.4

35.1

39.2

44.7

48.5

53.7

48.0

48.3

52.0

47.7

46.7

44.3

12
13

6.3
12.5

6.5
12.7

6.8
13.1

6.7
13.4

7.4
14.7

7.8
14.8

8.2
15.1

8.2
14.9

9.0
14.9

9.4
14.9

9.8
15.5

10.2
15,5

10.2
17.7

10.3
18.1

10.3
18.1

10.6
18.2

11.1
20.9

21.0

11.0

11.6
21.2

12.0
21.2

14

.0

.0

.0

.0

.0

.0

.0

.0

.6

.6

-1.3

.0

.0

.0

.0

.0

.0

.0

.0

.0

15

16.8

17.1

17.6

17.8

18.7

20.0

20.2

21.6

22.9

24.7

25.1

24.7

24.9

24.9

25.2

25.9

25.8

26.5

27.3

28.3

16.8

11.0

17.8
11.5
1.5

18.4
11.7
1.5

19.1
11.8
1.5

19.4
11.5
1.6

19.7
11.4
1.6

19.9
11.4
1.6

20.6
11.3
1.6

21.1

1.4

17.3
11.4
1.4

11.0
1.6

21.5
11.7
1.7

22.0
12.1
1.7

22.7
12.4
1.8

23.6
12.5
1.9

24.6
12.7
1.9

24.7
12.8
2.0

25.0
13.1
2.0

25.4
13.0
2.0

334.3

341.6

345.5

350.0

354.6

354.2

354.2

355.8

364.5

370.1

376.0

384.6

386.1

391.1

397.6

402.6

404.2

405.0

Plus: Government transfer payments to persons.
Personal interest income
Personal dividend income
Business transfer payments...

16
17
18

15.8
10.9
1.3

16.4
10.9
1.4

Equals: Personal income

19

324.2

329.8




Table 1.7.—Relation of Gross National Product, Net National Product, National Income, and Personal Income: Annually, 1929-76, and Seasonally
Adjusted Quarterly Totals at Annual Rates, 1946-76—Continued
[Billions of dollars]
1961

1963

1962

1965

1964

Line
II

I

III

IV

I

II

III

IV

I

II

III

IV

II

I

III

IV

I

II

III

IV

1

508.2

519.2

528.2

542.6

554.2

562.7

568.9

574.3

582.0

590.7

601.8

612.4

625.3

634.0

642.8

648.8

668.8

681.7

696.4

717.2

Less:
Capital
consumption 2
allowances with capital consumption adjustment.
Capital
consumption 3
allowances without capital consumption adjustment.
Less: Capital consumption 4
adjustment.

46.9

47.3

47.7

48.1

48.4

48.7

49.1

49.7

50.1

50.2

50.6

51.4

51.7

52.3

53.3

54.1

54.8

55.2

56.6

57.6

42.2

42.7

43.0

43.4

46.5

47.0

47.7

48.4

48.9

50.0

50.6

51.5

52.4

52.9

53.8

54.5

55.5

56.6

57.8

58.5

-4.7

-4.6

-4.7

-4.8

-1.9

-1.7

-1.4

-1.3

-1.2

-.3

.0

.1

.7

.5

.5

.3

.7

1.3

1.3

.9

Gross national product

5

461.3

471.9

480.5

494.5

505.8

514.1

519.7

524.6

531.9

540.5

551.1

561.0

573.5

581.7

589.5

594.6

614.0

626.5

639.9

659.6

Less: Indirect business tax and 6
nontax liability.
Business transfer p a y m e n t s - 7
8
Statistical discrepancy

46.8

47.5

48.4

49.5

50.6

51.1

52.1

52.5

53.2

54.2

55.2

56.0

56.9

58.0

59.5

60.5

62.0

62.2

62.4

63.7

2.0
-1.0

2.0
.0

2.0
-.1

2.1
.5

2.1
1.5

2.1
3.4

2.2
2.8

2.2
.8

2.4
1.0

2.4
.2

2.4
2.2

2.4
3.4

2.5
3.8

2.6
2.2

2.7
-1.4

2.7
-4.0

2.8
-3.0

2.8
-3.5

2.8
-.3

2.8
1.9

9

1.3

1.7

1.9

1.8

1.8

2.0

1.6

1.6

.9

1.5

1.1

1.0

1.7

2.0

1.8

1.2

1.6

1.2

1.6

2.1

Equals: Net national product

Plus: Subsidies less current surplus of government enterprises.
Equals: National income

10

414.8

424.0

432.1

444.1

453.4

459.5

464.3

470.7

476.2

485.2

492.4

500.2

511.9

520.8

530.4

536.6

553.8

566.2

576.5

593.2

Less: Corporate profits with inventory valuation and capital consumption adjustments.
Net interest
Contributions for social insurance.
Wage accruals less disbursements.

11

43.4

47.5

49.8

53.6

55.9

55.2

56.6

58.7

58.8

62.2

63.3

64.3

68.8

68.8

69.9

69.1

76.9

79.2

80.1

83.6

12
13

12.2
21.6

12.7
21.8

13.2
22.1

13.9
22.3

13.9
24.0

14.5
24.3

14.9
24.4

15.4
24.6

15.8
26.8

16.1
27.1

16.6
27.5

17.1
27.9

17.5
28.1

18.0
28.5

18.7
28.9

18.9
29.2

20.2
29.3

20.9
29.7

21.5
30.2

21.7
30.9

14

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.1

-.1

.0

.0

.0

.0

Plus: Government transfer payments to persons.
Personal interest income
Personal dividend income
Business transfer p a y m e n t s -

15

30.1

31.0

31.2

30.7

31.3

31.2

31.7

32.3

33.7

32.9

33.2

33.9

34.9

34.5

34.8

35.0

36.3

36.0

39.6

38.6

16
17
18

25.5
13.0
2.0

26.0
13.1
2.0

26.6
13.4
2.0

27.4
13.9
2.1

27.7
14.0
2.1

28.5
14.4
2.1

29.5
14.6
2.2

30.4
14.7
2.2

31.0
15.1
2.4

31.6
15.4
2.4

32.6
15.6
2.4

33.7
16.0
2.4

34.2
16.6
2.5

35.2
17.2
2.6

36.2
17.5
2.7

37.0
18.0
2.7

38.1
18.2
2.8

39.3
18.9
2.8

40.4
19.4
2.8

41.0
20.0
2.8

Equals: Personal income

19

408.4

414.1

420.3

428.4

434.7

441.9

446.3

451.6

457.0

462.1

468.8

476.9

485.8

494.9

504.0

512.1

522.8

533.4

546.9

559.4

II

III

IV

II

III

IV

II

III

IV

II

III

IV

III

IV

1966

1967

1968

1969

1970

Line
I

I

I

I

I

II

1

738.5

750.0

760.6

774.9

780.7

788.6

805.7

823.3

841.2

867.2

884.9

900.3

921.2

937.4

955.3

962.0

972.0

Less:
Capital
consumption 2
allowances with capital consumption adjustment.
Capital
consumption 3
allowances without capital consumption adjustment.
Less: Capital consumption 4
adjustment.

58.6

60.3

61.2

62.5

63.8

64.9

66.5

68.2

69.6

71.0

72.7

74.9

76.7

78.6

81.2

83.5

85.1

87.0

88.9

91.2

59.7

60.8

62.0

63.3

64.3

65.5

67.1

68.2

69.5

70.8

72.1

73.6

75.6

77.2

78.8

80.2

81.4

82.6

83.6

85.0

1.1

.5

.8

.8

.4

.6

.6

.1

-.1

-.2

-.7

-1.3

-1.1

-1.4

-2.4

-3.3

-3.6

-4.4

-5.3

-6.2

Gross national product

986.3 1,003.6 1,009.0

5

679.9

689.7

699.4

712.3

716.9

723.7

739.2

755.1

771.5

796.2

812.1

825.4

844.5

858.8

874.2

878.5

887.0

899.3

914.7

917.8

Less: Indirect business tax and 6
nontax liability.
Business transfer p a y m e n t s - 7
8
Statistical discrepancy

63.4

64.9

65.9

67.1

67.8

69.1

71.1

73.0

75.7

77.8

80.2

81.7

83.2

85.6

87.9

89.5

91.2

93.4

95.4

97.1

3.0
2.7

3.0
1.9

3.1
.0

3.1
.8

3.1
.6

3.1
-.3

3.1
-.1

3.1
-1.1

3.2
-3.1

3.3
.5

3.4
-1.7

3.6
-4.2

3.7
-2.3

3.8
-2.9

4.0
-4.2

4.1
-6.2

4.0
-4.0

4.0
-4.0

4.1
-.4

4.2
2.4

Plus: Subsidies less current sur- 9
plus of government enterprises.

2.5

2.8

2.6

2.1

1.7

2.0

1.3

1.4

1.2

1.1

1.4

1.7

1.6

1.6

2.0

2.2

2.4

3.0

3.0

3.3

Equals: Net national product

Equals: National income

10

613.3

622.6

633.0

643.4

647.2

653.8

666.5

681.5

696.9

715.6

731.6

746.1

761.5

773.9

788.5

793.4

798.1

808.8

818.6

817.3

Less: Corporate profits with inventory valuation and capital consumption adjustments.
Net interest
Contributions for social insurance.
Wage accruals less disbursements.

11

86.6

85.2

83.6

85.0

81.6

80.7

81.8

85.4

85.9

89.7

90.0

90.9

90.3

86.9

84.4

78.6

71.1

73.2

72.9

68.3

12
13

23.0
37.4

24.0
38.1

24.9
39.6

25.9
40.1

26.4
41.8

27.2
43.0

27.9
43.9

28.8
44.9

29.3
46.6

29.9
47.6

30.1
48.4

30.7
49.2

32.7
53.1

34.2
54.2

35.7
55.8

36.6
56.7

38.3
57.7

40.6
58.4

42.7
59.2

44.2
59.0

14

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

2.5

-2.1

-.4

.0

Plus: Government transfer payments to persons.
Personal interest income
Personal dividend income
Business transfer payments...

15

39.8

39.8

41.8

45.2

48.0

48.9

50.0

51.0

53.0

56.1

57.7

58.9

60.8

62.2

63.3

64.8

67.2

77.2

77.9

81.9

16
17
18

42.3
20.1
3.0

43.8
19.6
3.0

45.0
19.3
3.1

46.4
18.8
3.1

47.2
19.7
3.1

47.7
20.3
3.1

48.5
20.7
3.1

49.9
19.8
3.1

51.2
21.1
3.2

53.0
21.8
3.3

53.9
22.3
3.4

55.4
22.5
3.6

58.0
22.2
3.7

60.2
22.3
3.8

62.3
22.4
4.0

64.0
22.7
4.1

65.9
22.4
4.0

68.2
22.3
4.0

71.1
22.1
4.1

72.5
22.0
4.2

Equals: Personal income

19

571.4

581.4

594.1

605.7

615.4

623.0

635.2

646.4

663.7

682.7

700.4

715.6

730.0

747.1

764.5

777.0

788.2

810.4

819.3

826.4




Table 1.7.—Relation of Gross National Product, Net National Product, National Income, and Personal Income: Annually, 1929-76, and Seasonally
Adjusted Quarterly Totals at Annual Rates, 1946-76—Continued
[Billions of dollars]
1971

1973

1972

Line
I

III

II

IV

I

II

III

IV

II

I

III

IV

1

1,049.3

1,068.9

1,086.6

1,105.8

1,142.4

1,171.7

1,196.1

1,233.5

1,283.5

1,307.6

1,337.7

1,376.7

Less:
Capital
consumption 2
allowances with capital consumption adjustment.
Capital
consumption 3
allowances without capital consumption adjustment.
Less: Capital consumption 4
adjustment.

93.5

95.3

97.4

99.8

101.7

109.2

106.0

108.8

110.7

116.1

117.7

121.3

86.5

88.0

89.9

91.6

94.6

101.0

99.2

101.7

103.3

107.0

107.5

111.2

-7.0

-7.3

-7.5

-8.2

-7.1

-8.2

-6.8

-7.1

-7.4

-9.2

-10.2

-10.1

Gross national product

5

955.7

973.6

989.2

1,005.9

1,040.7

1,062.5

1,090.1

1,124.7

1,172.8

1,191.4

1,220.1

1,255.4

Less: Indirect business tax and 6
nontax liability.
Business transfer payments... 7
Statistical discrepancy
8

100.7

102.1

104.9

107.1

107.9

110.3

112.4

115.2

118.3

120.2

121.7

123.6

4.3
4.5

4.4
5.7

4.5
5.0

4.6
1.2

4.7
.7

4.8
4.7

4.9
5.9

5.0
1.9

5.3
.6

5.5
-1.0

5.6
1.9

5.7
1.6

Plus: Subsidies less current sur- 9
plus of government enterprises.

3.2

2.5

2.1

2.8

3.4

3.4

4.3

4.0

3.6

4.5

4.1

1.6

Equals: Net national product

Equals: National income

10

849.4

863.9

876.9

895.9

930.7

946.1

971.2

1,006.7

1,052.3

1,071.4

1,094.9

1,126.1

Less: Corporate profits with inventory valuation and capital consumption adjustments.
Net interest
Contributions for social insurance.
Wage accruals less disbursements.

11

80.4

81.6

83.8

87.0

93.2

93.3

96.7

103.1

111.3

107.1

106.0

108.9

12
13

45.3
63.5

46.2
64.3

47.0
65.1

47.5
65.7

48.1
72.5

49.7
73.4

52.2
74.8

54.9
76.1

57.2
89.8

59.2
91.3

61.0
93.3

63.3
95.4

14

.0

.2

.6

1.5

-1.4

-.4

-.2

2.1

.0

-.3

.0

.0

15

83.7

91.3

91.7

93.2

95.9

96.5

98.0

108.8

110.4

112.5

115.1

118.0

75.4
22.7
4.5

75.9
22.4
4.6

77.1
23.5
4.7

79.2
23.8
4.8

82.2
24.3
4.9

85.2
24.8
5.0

89.1
25.6
5.3

92.2
26.2
5.5

95.8
26.7
5.6

98.6
27.6
5.7

874.7

890.3

919.7

934.4

957.1

994.2

1,024.2

1,050.3

1,077.9

1,108.3

I

II

III

IV

Plus: Government transfer payments to persons.
Personal interest income
Personal dividend income
Business transfer payments...

16
17
18

73.8
22.8
4.3

74.2
22.6
4.4

Equals: Personal income

19

844.7

864.1

1974

1975

1976

.Line
II

I

III

IV

I

II

III

IV

1

1,387.7

1,423.8

1,451.6

1,473.8

1,479.8

1,516.7

1,578.5

1,621.8

1,672.0

1,698.6

1,729.0

1,772.5

Less:
Capital
consumption 2
allowances with capital consumption adjustment.
Capital
consumption 3
allowances without capital consumption adjustment.
Less: Capital consumption 4
adjustment.

125.5

132.3

139.1

147.1

153.1

157.5

161.0

165.6

168.7

172.9

176.8

181.7

113.7

117.1

120.0

122.1

125.1

128.1

130.5

132.9

134.5

137.0

140.1

145.1

-11.8

-15.2

-19.1

-25.0

-27.9

-29.5

-30.5

-32.6

-34.1

-35.9

-36.8

-36.6

Gross national product

5

1,262.2

1,291.5

1,312.5

1,326.7

1,326.7

1,359.2

1,417.5

1,456.2

1,503.4

1,525.7

1,552.1

1,590.8

Less: Indirect business tax and 6
nontax liability.
Business transfer payments... 7
8
Statistical discrepancy

124.8

128.2

131.2

132.0

133.3

137.6

143.2

146.2

146.9

149.9

153.1

157.0

5.8
.4

5.7
3.6

5.8
5.5

5.9
5.4

6.5
8.4

7.5
5.0

7.8
5.2

8.0
3.3

8.1
3.6

8.0
4.4

7.8
3.6

7.8
8.8

Plus: Subsidies less current surplus of government enterprises.

9

2.0

1.1

.8

.6

1.8

1.8

2.8

3.2

1.2

.4

1.0

1.3

Equals: Net national product

Equals: National income

10

1,133.1

1,155.1

1,170.7

1,184.0

1,180.4

1,210.9

1,264.2

1,302.0

1,346.0

1,363.9

1,388.6

1,418.4

Less: Corporate profits with inventory valuation and capital consumption adjustments.
Net interest
Contributions for social insurance.
Wage accruals less disbursements.

11

100.6

98.4

90.8

89.6

88.3

100.9

121.9

130.9

142.4

136.8

137.5

135.7

12
13

68.0
101.3

76.1
103.4

78.9
105.9

81.3
106.7

82.4
108.1

84.7
109.0

85.5
111.8

85.2
114.6

85.3
122.2

85.8
124.6

88.2
127.2

89.6
130.1

14

.0

-.6

-1.5

.0

.0

.0

.0

.0

.0

.0

.0

.0

Plus: Government transfer payments to persons.
Personal interest income
Personal dividend income
Business transfer payments...

15.

123.9

131.7

139.5

146.5

157.2

171.9

176.0

178.4

182.3

182.4

189.0

191.7

16
17
18

103.7
28.3
5.8

111.7
29.1
5.7

115.9
29.5
5.8

118.2
29.4
5.9

119.4
29.5
6.5

122.3
29.5
7.5

124.7
30.0
7.8

126.4
30.7
8.0

128.6
33.5
8.1

130.5
36.2
8.0

134.0
37.6
7.8

137.1
38.8
7.8

Equals: Personal income

19

1,124.9

1,155.9

1,187.4

1,206.2

1,214.2

1,247.5

1,283.5

1,314.6

1,348.5

1,373.7

1,404.2

1,438.4




Table 1.8.—Relation of Gross National Product, Net National Product, and National Income in Constant Dollars: Annually, 1929-76, and Seasonally
Adjusted Quarterly Totals at Annual Rates, 1947-76
[Billions of 1972 dollars]
Line
Gross national product

1929

1930

1931

1932

1933

1935

1934

1936

1937

1938

1939

1940

1941

1942

1943

1944

1

315.7

285.6

263.5

227.1

222.1

239.1

260.0

295.5

310.2

296.7

319.8

344.1

400.4

461.7

531.6

569.1

Less:
Capital
consumption 2
allowances with capital consumption adjustment.

33.6

34.3

34.3

33.9

33.0

32.5

31.9

31.8

32.0

32.2

32.1

32.4

33.1

33.3

32.6

32.1

3

282.1

251.4

229.2

193.1

189.1

206.7

228.1

263.8

278.2

264.4

287.7

311.8

367.3

428.3

498.9

537.0

Less: Indirect business tax and 4
nontax liability plus business
transfer payments less subsidies
plus current surplus of government enterprises.

23.9

22.0

20.2

18.1

18.1

20.9

23.0

25.5

27.4

26.4

27.5

30.0

33.5

34.8

36.3

36.9

3.1

-1.5

2.9

1.6

2.6

2.1

-.3

4.6

.4

2.4

4.6

3.6

1.6

-2.1

-4.2

6.4

255.1

230.9

206.1

173.4

168.5

183.6

205.4

233.7

250.4

235.7

255.6

278.2

332.2

395.7

466.8

493.6

Equals: Net national product

Statistical discrepancy
Equals: National income

5
6

Line

1945

1946

1947

1948

1949

1950

1951

1952

1953

1954

1955

1956

1957

1958

1959

1960

1

560.4

478.3

470.3

489.8

492.2

534.8

579.4

600.8

623.6

616.1

657.5

671.6

683.8

680.9

721.7

737.2

Less:
Capital
consumption 2
allowances with capital consumption adjustment.

32.3

34.0

36.1

38.5

40.7

42.8

45.3

47.5

49.8

52.1

54.2

56.5

58.6

60.3

61.6

63.3

3

528.1

444.3

434.2

451.3

451.5

492.0

534.1

553.2

573.8

564.0

603.3

615.1

625.2

620.6

660.1

673.9

Less: Indirect business tax and 4
nontax liability plus business
transfer payments less subsidies
plus current surplus of government enterprises.

38.0

41.1

41.6

43.2

43.9

47.4

49.6

51.5

53.5

54.3

58.2

60.1

61.6

62.0

65.8

67.6

Gross national product

Equals: Net national product

Statistical discrepancy
Equals: National income

5

9.4

1.1

2.9

-2.8

.8

2.4

5.0

2.6

3.6

3.1

1.8

-3.0

-1.7

.3

-1.9

-3.3

6

480.6

402.1

389.7

410.9

406.8

442.2

479.5

499.1

516.7

506.6

543.3

558.0

565.2

558.3

596.2

609.7

Line

1961

1962

1963

1964

1965

1966

1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

1

756.6

800.3

832.5

876.4

929.3

984.8

1,011.4

1,058.1

1,087.6

1,085.6

1,122.4

1,185.9

1,255.0

1,248.0

1,233.9

1,300.4

Less:
Capital
consumption 2
allowances with capital consumption adjustment.

65.0

66.9

69.0

71.6

74.8

78.7

82.8

87.1

91.6

96.1

100.2

106.4

110.8

116.1

120.8

125.1

3

691.6

733.4

763.5

804.8

854.5

906.2

928.7

971.1

996.0

989.5

1,022.2

1,079.5

1,144.2

1,131.9

1,113.1

1,175.3

Less: Indirect business tax and 4
nontax liability plus business
transfer payments less subsidies
plus current surplus of government enterprises.

69.3

73.2

76.4

80.4

85.2

88.4

92.6

96.2

100.9

102.3

106.1

112.5

119.3

118.8

119.8

126.3

Gross national product

Equals: Net national product

Statistical discrepancy
Equals: National income

5

-.2

2.9

2.3

.2

-1.6

1.7

-.3

-2.5

-4.4

-1.7

4.2

3.3

.7

3.2

4.4

3.9

6

622.5

657.4

684.9

724.2

770.9

816.0

836.4

877.4

899.5

888.8

911.8

963.7

1,024.2

1,009.9

988.9

1,045.2

III

IV

1949

Line

III

IV

III

IV

IV

1

466.0

469.5

470.2

475.7

479.4

488.3

492.9

497.9

492.6

490.3

494.8

490.8

512.6

526.4

543.8

556.3

564.

575.9

Less:
Capital
consumption 2
allowances with capital consumption adjustment.

35.2

35.8

36.4

37.0

37.6

38.2

38.8

39.4

39.9

40.4

40.9

41.5

42.0

42.5

43.1

43.8

44.

44.9

430.8

433.7

441.8

450.1

454.1

458.5

452.7

449.9

453.9

449.3

470.6

483.9

500.6

512.5

520.

531.0

40.8

41.6

41.8

42.3

42.8

43.1

43.4

43.5

43.5

43.6

43.9

44.6

45.4

46.8

48.7

48.7

49.

49.0

3.3

4.8

-1.5

-4.3

-1.8

-3.6

-1.2

2.3

390.3

388.8

391.5

400.5

411.3

412.5

418.6

410.4

Gross national product

Equals: Net national product..
, s : Indirect business tax and
es
nontax liability plus business
transfer payments less subsidies
plus current surplus of government enterprises.
Statistical discrepancy..
Equals: National income-




.2

1.9

2.5

6.1

406.2

408.1

402.2

419.2

.2

2.S

5.6

463.6

467.7

476.3

Table 1.8.—Relation of Gross National Product, Net National Product, and National Income in Constant Dollars: Annually, 1929-76, and Seasonally
Adjusted Quarterly Totals at Annual Rates, 1947-76—Continued
[Billions of 1972 dollars]
1952
I

III

II

IV

II

I

III

IV

I

1956

1955

1954

1953

Line

II

III

IV

II

I

III

IV

I

III

II

IV

Gross national product

1

593.7

594.3

600.5

614.6

623.2

628.3

624.4

618.2

610.5

608.1

616.9

628.4

644.1

653.2

663.2

669.5

666.8

670.2

670.7

678.4

Less:
Capital
consumption
allowances with capital consumption adjustment.

2

46.7

47.3

47.8

48.4

48.9

49.5

50.1

50.7

51.2

51.8

52.3

52.9

53.4

53.9

54.5

55.1

55.7

56.2

56.8

57.4

Equals: Net national product

3

547.0

547.1

552.7

566.2

574.2

578.8

574.3

567.6

559.3

556.3

564.5

575.5

590.6

599.3

608.7

614.3

611.1

614.0

613.9

621.0

Less: Indirect business tax and 4
nontax liability plus business
transfer payments less subsidies
plus current surplus of government enterprises.

50.5

51.1

51.5

52.8

53.1

53.5

53.7

53.7

53.5

53.7

54.3

55.5

56.6

57.7

58.8

59.6

59.6

59.8

60.1

60.7

Statistical discrepancy
Equals: National income

5

4.3

1.1

1.9

3.2

3.5

3.3

2.5

5.0

3.8

3.1

3.6

2.1

4.1

1.3

1.5

.4

-2.5

-3.2

-3.2

-3.1

6

492.2

494.9

499.3

510.2

517.6

522.1

518.2

508.9

502.0

499.5

506.6

517.9

529.9

540.3

548.4

554.3

554.0

557.3

557.0

563.4

II

III

IV

II

III

IV

II

III

IV

II

III

IV

II

III

IV

1957

1958

1960

, 1959

1961

Line
I

I

I

I

I

Gross national product

1

683.5

684.1

688.5

679.1

665.5

669.9

685.9

702.5

711.5

726.2

721.2

727.9

740.7

738.4

737.7

732.1

737.7

750.1

759.6

779.0

Less:
Capital
consumption
allowances with capital consumption adjustment.

2

57.9

58.3

58.8

59.3

59.6

60.0

60.5

60.9

61.1

61.4

61.8

62.2

62.6

63.1

63.5

64.0

64.4

64.8

65.3

65.7

Equals: Net national product

3

625.6

625.8

629.7

619.9

605.8

609.9

625.4

641.5

650.4

664.8

659.4

665.7

678.1

675.3

674.2

668.1

673.3

685.3

694.4

713.3

Less: Indirect business tax and
nontax liability plus business
transfer payments less subsidies
plus current surplus of government enterprises.

4

61.1

61.4

61.9

62.1

60.4

61.4

62.5

63.7

64.4

65.5

66.4

66.8

67.2

67.6

67.7

67.8

68.1

68.9

69.5

70.8

Statistical discrepancy

5

-2.5

-2.9

-.2

-.9

-2.5

.4

2.8

.7

-3.2

-4.4

-.8

.9

-2.0

-3.9

-3.1

-4.2

-1.4

.0

-.1

.7

6

567.0

567.3

567.9

558.7

547.9

548.1

560.2

577.2

589.1

603.7

593.8

597.9

612.9

611.7

609.6

604.5

606.7

616.3

625.0

641.9

III

IV

III

IV

III

IV

III

IV

III

IV

Equals: National income

1963

1964

1966

Line

Gross national product

1

789.2

798.4

805.5

808.0

815.0

826.7

839.8

848.6

864.2

873.7

880.9

886.8

906.7

919.7

934.1

956.8

975.4

979.3

Less:
Capital
consumption
allowances with capital consumption adjustment.

2

66.1

66.6

67.1

67.6

68.2

68.7

69.3

69.9

70.5

71.2

71.9

72.7

73.4

74.3

75.2

76.2

77.1

78.2

723.1

731.9

738.4

740.3

746.8

757.9

770.5

778.7

793.6

802.5

809.0

814.2

833.3

845.4

858.9

880.6

898.3

901.1

71.9

72.6

73.6

74.6

75.2

76.0

76.8

77.5

78.8

79.6

81.3

82.1

83.8

85.0

85.7

86.6

87.2

87.8

1.1

1.4

.3

3.0

4.5

5.0

3.0

-1.9

-5.3

-4.0

-4.5

-.4

2.5

3.5

2.5

661.0

664.6

670.2

681.7

690.7

696.8

709.8

720.0

729.6

737.4

753.4

765.0

773.6

791.5

807.6

810.9

III

IV

III

IV

III

IV

III

IV

Equals: Net national product
Less: Indirect business tax and
nontax liability plus business
transfer payments less subsidies
plus current surplus of government enterprises.

2.0

4.6

649.2

Statistical discrepancy
Equals: National income

654.7

1970

1971

Line

Gross national product
Less:
Capital
consumption
allowances with capital consumption adjustment.
Equals: Net national product
Less: Indirect business tax and
nontax liability plus business
transfer payments less subsidies
plus current surplus of government enterprises.
Statistical discrepancy
Equals: National income




997.8 1,004.2 1,016.2 1,027.3 1,036.6 1,055.7 1,068.2 1,071.8 1,084.2
81.3

916.5

922.0

91.1

92.6

84.3

85.5

86.5

87.6

933.0

943.1

951.1

969.2

980.6

983.2

994.4

93.0

93.6

94.6

95.4

96.9

97.7

99.5

.7

-.4

824.8

829.8

1,092.0 1,085.6 1,081.4 1,083.0 1,093.3 1,084.7 1,111.5 1,116.9 1,125.7 1.135.4

88.7

82.3

92.2

93.4

997.8

999.8

992.2

100.7

101.5

101.9

94.6

96.6

987.3

lOli

95.6

97.6

996.6

987.1 1,012.5 1,017.4 1,025.1 1.033.5

101.9

102.8

102.7

98.9

104.7

99.5

105.5

100.6

106.6

101.8

107.8

-.2

-3.8

.6

-2.0

-4.9

-2.6

-3.2

-4.7

-6.9

-4.4

-4.3

2.6

4.8

5.9

5.1

1.2

840.1

860.3

873.2

885.7

890.4

897.5

900.3

903.0

897.2

889.5

889.7

881.8

903.1

905.9

913.4

924.6

Table 1.8.—Relation of Gross National Product, Net National Product, and National Income in Constant Dollars: Annually, 1929-76, and Seasonally
Adjusted Quarterly Totals at Annual Rates, 1947-76—Continued
[Billions of 1972 dollars]
1974

1973

1972

1976

1975

Line
IV

III

IV

III

IV

III

III

IV

IV

1,157.2 1,178.5 1,193.1 1,214.8 1,247.1 1,249.0 1,256.8 1,267.0 1,254.7 1,256.3 1,248.6 1,232.4 1,206.3 1,221.0 1,248.4 1,259.7 1,287.2 1,295.8 1,303.3 1,315.4

Gross national product

103.1

Less:
Capital
consumption
allowances with capital consumption adjustment.

105.6

110.1

106.9

108.1

110.9

111.6

112.4

113.9

115.9

116.7

119.1

118.0

120.2

121.3

123.4

122.4

124.9

125.5

126.6

1,054.1 1,068.4 1,087.5 1,107.9 1,139.0 1,137.4 1,145.9 1,154.6 1,140.8 1,140.4 1,131.9 1,114.4 1,087.2 1,100.7 1,127.1 1,137.3 1,163.8 1,170.9 1,177.8 1,188.8

Equals: Net national product
Less: Indirect business tax and
nontax liability plus business
transfer payments less subsidies
plus current surplus of government enterprises.

109.2

111.4

113.6

115.9

.7

5.9
968.0

990.2

120.2

118.4

118.9

119.3

1.8

1.5

.4

3.2

4.7

4.5

,020.5 1,019.3 1,023.9 1,033.0 1,022.1 1,018.3 1,007.8

991.3

1.9

944.2

Statistical discrepancy
Equals: National income

120.2

117.9

.5

119.1

-1.0

118.4

119.0

120.1

121.8

123.8

125.3

127.2

129.0

4.0

4.1

2.(

2.8

3.3

2.7

6.6

961.9

118.6

977.7 1,002.9 1,012.1 1,037.2 1,042.3 1,047.9 1,053.2

Table 1.9.—Net National Product and National Income by Sector: Annually, 1929-76
[Billions of dollars]
Line

1929

1930

1931

1932

1933

1934

1935

1936

1937

1938

1939

1940

1941

1942

1943

1944

1

93.7

81.1

67.2

50.5

48.4

57.5

64.8

74.9

82.3

76.2

82.2

91.0

115.0

147.3

180.7

198.9

2

92.9

80.4

66.6

50.1

48.1

57.2

64.4

74.6

81.9

75.8

81.8

90.6

114.5

146.8

180.2

198.4

3

85.7

73.2

59.7

43.8

41.7

49.8

56.6

65.3

72.7

66.0

71.9

80.4

102.6

128.7

151.4

162.5

Nonfarm
Nonfarm less housing
Housing
Farm
Statistical discrepancy

4
5
6
7
8

75.8
68.8
7.0
8.8
1.1

66.9
60.2
6.7
6.8
-.5

53.3
46.9
6.4
5.5
.9

39.5
33.7
5.8
3.8
.5

37.0
32.2
4.8
3.9
.7

45.2
40.9
4.3
4.0
.6

50.4
46.1
4.3
6.4
-.1

58.2
53.9
4.3
5.8
1.4

65.0
60.6
4.5
7.5
.1

59.5
54.6
4.9
5.8
.7

64.9
60.0
4.9
5.6
1.4

73.6
68.5
5.1
5.7
1.1

94.0
88.6
5.4
8.1
.6

117.5
111.5
6.0
12.1
-.8

138.8
132.6
6.3
14.3
-1.8

145.4
139.0
6.5
14.3
2.7

Households and institutions
Government

9
10

2.9
4.3

2.7
4.5

2.3
4.6

1.9
4.4

1.7
4.7

1.8
5.6

1.9
5.9

2.0
7.3

2.3
6.9

2.2
7.6

2.3
7.6

2.4
7.8

2.5
9.4

2.9
15.1

3.2
25.6

3.7
32.2

Net national product
Net domestic product
Business

11

.8

.7

.5

.4

.3

.3

.4

.3

.4

.4

.5

.4

.5

.5

.5

.5

12

84.8

73.8

58.7

42.4

39.9

48.6

56.4

64.2

72.4

66.0

71.4

79.7

102.7

135.9

169.3

182.1

13

84.0

73.0

58.1

42.0

39.6

48.3

56.1

63.9

72.0

65.6

70.9

79.3

102.2

135.4

168.8

181.6

14

76.8

65.9

51.2

35.7

33.2

40.9

48.3

54.6

62.8

55.8

61.1

69.1

90.3

117.4

140.0

145.7

Nonfarm
Nonfarm less housing
Housing
Farm

15
16
17
18

68.5
63.4
5.1
8.3

59.6
54.9
4.7
6.3

46.2
41.8
4.4
5.0

32.4
28.4
3.9
3.4

29.5
26.3
3.2
3.7

36.9
34.3
2.6
4.1

41.8
39.2
2.5
6.5

49.0
46.4
2.6
5.6

55.4
52.6
2.8
7.4

50.0
46.9
3.1
5.8

55.2
52.0
3.2
5.8

63.2
59.9
3.2
5.9

82.1
78.6
3.5
8.1

105.1
101.1
4.1
12.2

125.6
121.3
4.3
14.5

131.1
126.7
4.4
14.6

Households and institutions
Government

19
20

2.9
4.3

2.7
4.5

2.3
4.6

1.9
4.4

1.7
4.7

1.8
5.6

1.9
5.9

2.0
7.3

2.3
6.9

2.2
7.6

2.3
7.6

2.4
7.8

2.5
9.4

2.9
15.1

3.2
25.6

3.7
32.2

21

.8

.7

.5

.4

.3

.3

.4

.3

.4

.4

.5

.4

.5

.5

.5

.5

22

78.7

66.5

53.3

38.0

36.8

45.6

52.4

61.1

68.2

61.2

67.0

75.3

97.2

122.8

145.1

156.0

23

71.7

61.1

46.8

31.8

30.0

38.4

45.7

52.0

60.1

52.7

57.9

65.9

86.8

113.3

135.7

141.3

Rest of the world
National income
Domestic income
Business

Rest of the world
Addenda:
Net domestic business product
less housing.
Domestic business income less
housing.




Table 1.9.—Net National Product and National Income by Sector: Annually, 1929-76—Continued
[Billions of dollars]
Line
Net national product
Net domestic product
Business

1

1945

1946

200.2

195.8

1947
215.7

1948
239.3

1949
236.5

1950
263.0

1951
303.6

1952
318.7

1953
335.8

1954
334.1

1955
365.3

1956
383.0

1957
402.3

1958

1959

1960

406.2

443.0

460.2
456.7

2

199.8

195.0

214.5

237.7

235.1

261.3

301.5

316.4

333.6

331.8

362.5

379.8

398.7

403.1

439.7

3

160.5

169.7

192.6

214.7

209.7

234.0

267.2

278.1

293.9

291.2

319.2

333.4

349.1

349.6

383.4

395.7

335.6
314.8
20.8
14.8
-1.2

332.4
309.7
22.6
17.0
.2

369.4
344.5
24.9
15.3
-1.3

381.7
354.2
27.5
16.4
-2.4

10.5
39.1

11.4
42.1

12.3
44.0

13.8
47.1

Nonfarm
Nonfarm less housing
Housing
Farm
Statistical discrepancy

4
5
6
7
8

141.5
135.0
6.5
14.9
4.1

151.6
145.3
6.3
17.7
.5

172.4
166.1
6.2
18.7
1.5

194.7
187.8
6.9
21.5
-1.6

192.4
184.2
8.2
16.7
.6

215.0
205.7
9.3
17.7
1.3

243.8
233.3
10.5
20.3
3.2

257.1
244.8
12.2
19.3
1.7

274.4
260.1
14.3
17.2
2.3

272.8
256.5
16.2
16.5
2.0

302.4
285.0
17.5
15.5
1.3

320.4
301.6
18.8
15.1
-2.1

Households and institutions
Government

9
10

4.1
35.2

4.5
20.8

5.1
16.7

5.6
17.4

5.9
19.4

6.4
20.9

6.9
27.4

7.2
31.2

7.8
31.9

8.1
32.5

9.1
34.2

9.8
36.6

11

.4

.8

1.2

1.6

1.4

1.6

2.1

2.3

2.2

2.3

2.8

3.2

3.5

3.0

3.3

3.6

12

180.7

178.6

194.9

219.9

213.6

237.6

274.1

287.9

302.1

301.1

330.5

349.4

365.2

366.9

400.8

415.7

13

180.3

177.8

193.7

218.3

212.2

236.0

272.0

285.6

299.9

298.7

327.7

346.2

361.7

363.8

397.5

412.1

14

141.0

152.5

171.9

195.3

186.8

208.6

237.7

247.3

260.2

258.2

284.4

299.8

312.0

310.3

341.2

351.1

Nonfarm
Nonfarm less housing
Housing
Farm

15
16
17
18

126.0
121.6
4.4
15.1

134.7
130.4
4.3
17.8

153.5
149.4
4.1
18.4

174.2
169.6
4.6
21.0

170.7
165.0
5.6
16.1

191.5
184.9
6.6
17.1

218.1
210.6
7.4
19.7

228.7
219.9
8.8
18.6

243.7
233.2
10.5
16.5

242.4
230.3
12.2
15.8

269.7
256.7
13.0
14.7

285.3
271.4
13.8
14.6

297.4
282.2
15.2
14.6

293.3
276.8
16.6
16.9

326.4
308.2
18.3
14.7

335.3
315.2
20.2
15.8

Households and institutions
Government

19
20

4.1
35.2

4.5
20.8

5.1
16.7

5.6
17.4

5.9
19.4

6.4
20.9

6.9
27.4

7.2
31.2

7.8
31.9

8.1
32.5

9.1
34.2

9.8
36.6

10.5
39.1

11.4
42.1

12.3
44.0

13.8
47.1

21

.4

.8

1.2

1.6

1.4

1.6

2.1

2.3

2.2

2.3

2.8

3.2

3.5

3.0

3.3

Rest of the world
National income
Domestic income
Business

Rest of the world

Net domestic business product 22
less housing.
Domestic business income less 23
housing.

Line
Net national product
Net domestic product

3.6
-

Addenda:

1

154.0

163.4

186.4

207.8

201.5

224.7

256.7

265.8

279.6

275.0

301.8

314.6

328.4

327.0

358.5

368.2

136.7

148.2

167.8

190.6

181.2

202.0

230.3

238.5

249.7

246.0

271.5

286.0

296.8

293.7

322.9

331.0

1961
477.0

1962

1963

1964

1965

1966

1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

516.1

546.1

584.8

635.0

695.3

733.7

801.3

864.0

904.7

981.1

1,079.5

1,209.9

1,298.2

1,389.9

1,543.0

579.4

629.2

689.7

727.8

794.6

857.1

897.4

971.9

1,068.6

1,193.9

1,278.5

1,372.6

1,522.5

2

473.1

511.5

541.2

3

408.2

441.7

466.6

498.7

542.3

592.0

619.2

673.3

723.2

749.3

810.6

892.2

1,002.2

1,070.4

1,142.4

1,272.3

Nonfarm
Nonfarm less housing
Housing
Farm
Statistical discrepancy

4
5
6
7
8

391.9
362.0
29.9
16.4
-.1

422.9
390.2
32.7
16.6
2.1

448.3
413.0
35.3
16.6
1.7

483.3
445.5
37.8
15.3
.1

525.8
485.1
40.7
17.7
-1.2

572.2
528.6
43.6
18.4
1.4

602.2
555.1
47.0
17.3
-.3

658.0
607.9
50.1
17.5
-2.1

707.6
653.6
54.0
19.5
-3.9

730.9
672.7
58.2
19.9
-1.5

785.1
722.0
63.0
21.4
4.1

863.8
795.7
68.1
25.1
3.3

958.9
884.6
74.3
42.5
.8

1,027.5
946.3
81.2
39.2
3.7

1,098.1
1,011.1
87.0
38.8
5.5

1,232.4
1,136.6
95.8
34.8
5.1

Households and institutions
Government

9
10

14.4
50.5

15.5
54.3

16.6
58.0

17.8
62.9

19.2
67.6

21.1
76.5

23.4
85.1

26.1
95.2

29.4
104.5

32.3
115.8

35.4
126.0

38.6
137.8

42.1
149.6

45.8
162.2

50.6
179.6

55.6
194.6

Business

11

3.9

4.6

4.9

5.5

5.9

5.6

5.9

6.7

6.9

7.3

9.2

10.9

16.0

19.8

17.3

20.5

12

428.8

462.0

488.5

524.9

572.4

628.1

662.2

722.5

779.3

810.7

871.5

963.6

1,086.2

1,160.7

1,239.4

1,379.2

13

424.9

457.4

483.5

519.5

566.6

622.4

656.3

715.8

772.5

803.4

862.4

952.7

1,070.2

1,141.0

1,222.0

1,358.8

14

359.9

387.6

409.0

438.8

479.8

524.7

547.7

594.6

638.6

655.3

701.0

776.3

878.4

933.0

991.8

1,108.5

Nonfarm
Nonfarm less housing
Housing
Farm

15
16
17
18

343.5
321.7
21.8
16.4

370.8
346.8
24.0
16.8

392.3
366.7
25.6
16.7

423.1
395.8
27.3
15.8

461.4
432.1
29.3
18.4

505.0
473.7
31.3
19.7

529.4
496.1
33.3
18.4

575.8
541.3
34.6
18.7

617.6
580.8
36.7
21.0

634.1
596.5
37.7
21.2

678.9
637.0
41.8
22.1

749.8
703.8
46.0
26.5

835.8
785.4
50.4
42.7

895.6
839.6
56.0
37.4

954.9
895.6
59.3
37.0

1,075.8
1,010.0
65.8
32.7

Households and institutions
Government

19
20

14.4
50.5

15.5
54.3

16.6
58.0

17.8
62.9

19.2
67.6

21.1
76.5

23.4
85.1

26.1
95.2

29.4
104.5

32.3
115.8

35.4
126.0

38.6
137.8

42.1
149.6

45.8
162.2

50.6
179.6

55.6
194.6

21

3.9

4.6

4.9

5.5

5.9

5.6

5.9

6.7

6.9

7.3

9.2

10.9

16.0

19.8

17.3

20.5

Net domestic business product 22
less housing.
Domestic business income less 23
housing.

378.3

409.0

431.3

460.9

501.6

548.4

572.2

623.3

669.3

691.1

747.5

824.1

927.9

989.2

1,055.4

1,176.5

338.2

363.6

383.4

411.6

450.5

493.4

514.5

560.0

601.8

617.6

659.1

730.3

828.0

877.0

932.5

1,042.7

Rest of the world
National income
Domestic income
Business

Rest of the world
Addenda:




Table 1.10.—Net National Product and National Income by Sector in Constant Dollars: Annually, 1929-76
[Billions of 1972 dollars]
Line
Net national product
Net domestic product
Business

1

1929
282.1

1930
251.4

1931
229.2

1932
193.1

1933
189.1

2

279.6

249.0

227.3

191.6

187.9

3

237.9

206.5

185.6

151.8

146.9

1934

1935

1936

1937

1940

1941

1942

1943

1944

263.8

278.2

264.4

287.7

311.8

367.3

428.3

498.9

537.0

205.6

226.8

262.7

276.7

262.9

286.1

310.4

365.6

426.8

497.6

535.6

159.8

178.3

207.8

223.1

206.9

229.0

250.3

294.5

328.5

353.0

371.4

182.4
175.1
7.3
22.2
2.4

201.8
194.4
7.4
22.5
4.6

224.8
217.1
7.7
21.9
3.6

269.5
261.1
8.4
23.4
1.6

304.8
295.2
9.6
25.8
-2.1

332.3
321.6
10.6
24.9
-4.2

340.8
329.3
11.4
24.3
6.4

14.4
41.6

15.1
42.1

16.1
44.0

15.9
55.2

16.4
81.9

15.2
129.4

15.1
149.1

Nonfarm
Nonfarm less housing
Housing
Farm
Statistical discrepancy

4
5
6
7
8

213.9
206.8
7.1
20.8
3.1

188.1
181.2
6.9
19.9
-1.5

160.1
153.2
6.8
22.6
2.9

127.8
121.1
6.7
22.4
1.6

122.1
115.8
6.3
22.3
2.6

139.3
132.6
6.7
18.3
2.1

158.4
151.7
6.7
20.3
-.3

184.8
178.2
6.6
18.5
4.6

Households and institutions
Government

9
10

15.6
26.2

15.1
27.5

14.0
27.8

12.6
27.2

12.2
28.8

13.1
32.7

13.5
34.9

14.3
40.6

15.0
38.7

National income

1939

228.1

206.7

201.0
194.2
6.8
21.7
.4

Rest of the world

1938

11

2.4

2.3

1.9

1.5

1.3

1.1

1.3

1.1

1.5

1.5

1.6

1.4

1.7

1.5

1.3

1.4

12

255.1

230.9

206.1

173.4

168.5

183.6

205.4

233.7

250.4

235.7

255.6

278.2

332.2

395.7

466.8

493.6

13

252.6

228.6

204.2

171.9

167.2

182.6

204.1

232.6

248.9

234.2

254.0

276.8

330.5

394.2

465.5

492.3

14

210.9

186.1

162.5

132.1

126.3

136.7

155.7

177.7

195.3

178.2

196.8

216.7

259.4

295.8

320.9

328.1

Nonfarm
Nonfarm less housing
Housing
Farm

15
16
17
18

190.4
185.6
4.8
20.5

166.6
161.9
4.7
19.5

140.5
135.9
4.6
22.0

110.3
105.7
4.5
21.8

104.6
100.3
4.3
21.7

118.7
114.2
4.5
18.0

136.0
131.4
4.5
19.7

159.5
155.1
4.5
18.2

174.1
169.5
4.6
21.2

156.4
151.4
4.9
21.8

174.6
169.6
5.0
22.2

195.2
190.0
5.2
21.5

236.4
230.7
5.7
23.1

270.5
264.0
6.5
25.3

296.4
289.3
7.2
24.5

304.1
296.4
7.7
24.0

Households and institutions
Government

19
20

15.6
26.2

15.1
27.5

14.0
27.8

12.6
27.2

12.2
28.8

13.1
32.7

13.5
34.9

14.3
40.6

15.0
38.7

14.4
41.6

15.1
42.1

16.1
44.0

15.9
55.2

16.4
81.9

15.2
129.4

15.1
149.1

21

2.4

2.3

1.9

1.5

1.3

1.1

1.3

1.1

1.5

1.5

1.6

1.4

1.7

1.5

1.3

1.4

Net domestic business product 22
less housing.
Domestic business income less 23
housing.

230.7

199.6

178.7

145.1

140.6

153.0

171.6

201.2

216.3

199.6

221.6

242.6

286.1

318.9

342.4

360.0

206.1

181.4

157.9

127.5

122.0

132.2

151.1

173.3

190.7

173.3

191.8

211.5

253.8

289.4

313.7

320.4

Domestic income
Business

Rest of the world
Addenda:

Line
Net national product
Net domestic product

1945

1946

1947

1948

1949

1950

1951

1952

1953

1954

1955

1956

1957

1958

1959

1960

1

528.1

444.3

434.2

451.3

451.5

492.0

534.1

553.2

573.8

564.0

603.3

615.1

625.2

620.6

660.1

673.9

2

526.9

442.5

431.7

448.3

448.7

488.9

530.4

549.3

570.1

560.0

598.7

610.0

619.7

616.0

655.2

668.7

3

365.5

351.5

357.7

373.5

369.2

405.9

432.7

445.2

465.8

456.5

492.8

500.8

507.5

501.4

538.3

546.8

Nonfarm
Nonfarm less housing
Housing
Farm
Statistical discrepancy

4
5
6
7
8

333.3
321.6
11.8
22.8
9.4

327.6
315.7
11.8
22.9
1.1

334.0
321.7
12.4
20.8
2.9

354.0
340.9
13.1
22.3
-2.8

346.6
332.0
14.6
21.8
.8

380.8
364.8
16.0
22.7
2.4

406.5
388.9
17.5
21.3
5.0

421.0
401.5
19.5
21.6
2.6

439.6
418.5
21.1
22.7
3.6

430.1
407.3
22.8
23.2
3.1

467.0
442.7
24.3
24.0
1.8

480.3
454.4
25.8
23.6
-3.0

486.2
458.4
27.8
23.0
-1.7

477.0
447.0
30.0
24.1
.3

517.7
485.3
32.5
22.5
-1.9

526.2
491.3
34.8
23.9
-3.3

Households and institutions
Government

9
10

15.0
146.4

15.1
75.9

16.0
58.0

16.7
58.1

17.3
62.3

18.3
64.7

18.7
79.0

18.6
85.5

19.3
85.0

19.4
84.1

21.4
84.6

22.5
86.7

23.1
89.1

24.2
90.3

24.7
92.2

26.6
95.3

Business

Rest of the world
National income

11

1.1

1.8

2.5

3.0

2.7

3.0

3.7

3.9

3.7

4.0

4.5

5.1

5.5

4.6

4.9

5.2

12

480.6

402.1

389.7

410.9

406.8

442.2

479.5

499.1

516.7

506.6

543.3

558.0

565.2

558.3

596.2

609.7

13

479.5

400.3

387.2

407.9

404.0

439.2

475.8

495.2

513.0

502.6

538.7

552.9

559.7

553.6

591.3

604.4

14

318.1

309.4

313.2

333.1

324.4

356.1

378.2

391.1

408.8

399.1

432.8

443.7

447.5

439.1

474.4

482.5

Nonfarm
Nonfarm less housing
Housing
Farm

15
16
17
18

295.4
287.5
7.9
22.7

286.6
278.6
8.0
22.8

292.4
284.0
8.3
20.8

310.8
302.0
8.8
22.3

302.6
292.7
9.8
21.9

333.4
322.6
10.8
22.7

356.9
345.1
11.8
21.3

369.4
356.3
13.1
21.7

386.0
371.7
14.2
22.8

375.9
360.5
15.4
23.2

408.8
392.4
16.4
24.0

420.1
402.6
17.4
23.7

424.5
405.7
18.8
23.0

414.8
394.6
20.2
24.3

451.5
429.6
21.9
22.9

458.2
434.7
23.5
24.3

Households and institutions
Government

19
20

15.0
146.4

15.1
75.9

16.0
58.0

16.7
58.1

17.3
62.3

18.3
64.7

18.7
79.0

18.6
85.5

19.3
85.0

19.4
84.1

21.4
84.6

22.5
86.7

23.1
89.1

24.2
90.3

24.7
92.2

26.6
95.3

21

1.1

1.8

2.5

3.0

2.7

3.0

3.7

3.9

3.7

4.0

4.5

5.1

5.5

4.6

4.9

5.2

Net domestic business product 22
less housing.
Domestic business income less 23
housing.

353.8

339.7

345.4

360.4

354.6

389.9

415.2

425.8

444.8

433.7

468.5

475.0

479.7

471.4

505.9

511.9

310.1

301.4

304.9

324.2

314.6

345.3

366.3

378.0

394.6

383.7

416.4

426.3

428.7

418.9

452.5

459.0

Domestic income
Business

Rest of the world
Addenda:




Table 1.10.—Net National Product and National Income by Sector in Constant Dollars: Annually, 1929-76—Continued
[Billions of 1972 dollars]
Line
Net national product
Net domestic product

1961

1962

1963

1964

1965

1966

1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

1

691.6

733.4

763.5

804.8

854.5

906.2

928.7

971.1

996.0

989.5

1,022.2

1,079.5

1,144.2

1,131.9

1,113.1

1,175.3

2

685.9

727.0

756.6

797.3

846.6

898.8

921.2

962.9

988.1

981.5

1,012.6

1,068.6

1,129.1

1,114.6

1,099.3

1,159.7

3

560.1

596.3

622.6

658.7

703.0

745.3

759.2

795.1

815.5

808.7

838.3

892.2

950.6

933.0

913.9

972.5

Nonfarm
Nonfarm less housing
Housing
Farm
Statistical discrepancy

4
5
6
7
8

536.5
499.3
37.2
23.7
-.2

569.9
529.7
40.2
23.6
2.9

596.0
553.3
42.7
24.2
2.3

635.1
589.8
45.2
23.4
.2

680.3
631.9
48.4
24.3
-1.6

721.1
669.7
51.4
22.5
1.7

736.0
681.3
54.7
23.6
-.3

774.7
721.7
53.0
22.9
-2.5

796.6
736.0
60.6
23.2
-4.4

785.7
723.2
62.5
24.6
-1.7

808.0
743.1
64.9
26.0
4.2

863.8
795.7
68.1
25.1
3.3

925.4
853.3
72.1
24.6
.7

905.2
828.9
76.4
24.6
3.2

883.4
804.8
78.6
26.1
4.4

944.3
861.8
82.5
24.3
3.9

Households and institutions
Government

9
10

27.0
98.9

28.1
102.5

28.9
105.2

29.8
108.8

30.9
112.7

32.6
120.8

34.3
127.7

35.4
132.4

37.0
135.7

36.7
136.1

37.6
136.7

38.6
137.8

39.4
139.1

39.3
142.3

40.5
144.9

40.9
146.3

Business

Rest of the world
National income

11

5.7

6.5

6.9

7.5

7.9

7.4

7.5

8.2

7.9

8.0

9.5

10.9

15.1

17.3

13.9

15.6

12

622.5

657.4

684.9

724.2

770.9

816.0

836.4

877.4

899.5

888.8

911.8

963.7

1,024.2

1,009.9

988.9

1,045.2
1,029.6

13

616.8

650.9

677.9

716.7

763.0

808.7

828.9

869.3

891.6

880.8

902.2

952.8

1,009.1

992.6

975.0

14

490.9

520.3

543.9

578.1

619.3

655.2

667.0

701.4

719.0

708.1

727.9

776.3

830.6

811.0

789.7

842.3

Nonfarm
Nonfarm less housing
Housing
Farm

15
16
17
18

466.8
441.7
25.1
24.1

496.3
469.1
27.1
24.0

519.2
490.4
28.8
24.7

554.1
523.6
30.5
24.0

594.5
561.8
32.7
24.8

631.9
597.2
34.7
23.3

642.6
605.7
36.9
24.4

677.6
641.9
35.8
23.8

694.6
653.7
40.9
24.3

682.3
640.1
42.2
25.8

700.9
657.1
43.8
27.1

749.9
703.9
45.9
26.5

804.5
755.8
48.7
26.1

784.9
733.4
51.5
26.0

762.3
709.2
53.1
27.4

816.3
760.6
55.7
26.1

Households and institutions
Government

19
20

27.0
98.9

28.1
102.5

28.9
105.2

29.8
108.8

30.9
112.7

32.6
120.8

34.3
127.7

35.4
132.4

37.0
135.7

36.7
136.1

37.6
136.7

38.6
137.8

39.4
139.1

39.3
142.3

40.5
144.9

40.9
146.3

21

5.7

6.5

6.9

7.5

7.9

7.4

7.5

8.2

7.9

8.0

9.5

10.9

15.1

17.3

13.9

15.6

Net domestic business product 22
less housing.
Domestic business income less 23
housing.

522.8

556.1

579.9

613.5

654.6

694.0

704.5

742.0

754.9

746.2

773.4

824.1

878.5

856.6

835.3

890.0

465.8

493.1

515.1

547.6

586.7

620.5

630.1

665.6

678.1

665.9

684.1

730.4

781.9

759.5

7366

786.7

Domestic income
Business

Rest of the world
Addenda:




Table 1.11.—National Income by Type of Income: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-76
[Millions of dollars]
Line

1929

1930

. 1

84,795

73,783

2

51,088

46,835

3
Wages and salaries
Government and government 4
enterprises.
5
Other

50,460
4,961

46,214
5,179

National income
Compensation of employees...

1932

1933

1934

58,658

42,428

39,899

39,741

31,054

29,538

39,157
5,284

30,514
4,992

1931

1935

1936

1937

1938

1939

1940

1941

1942

1943

1944

48,622

56,440

64,244

72,415

66,006

71,384

79,705

102,717

135,909

169,313

182,097

34,293

37,334

42,902

47,921

44,983

48,094

52,110

64,774

85,257

109,543

121,211

29,027
5,163

33,734
6,097

36,722
6,527

41,954
7,895

46,139
7,524

43,013
8,258

45,985
8,241

49,860
8,464

62,085
10,190

82,098
15,976

105,786
26,617

116,749
32,968

45,499

41,035

33,873

25,522

23,864

27,637

30,195

34,059

38,615

34,755

37,744

41,396

51,895

66,122

79,169

83,781

Supplements to wages and sala- 6
ries.
Employer contributions for 7
social insurance.
8
Other labor income

628

621

584

540

511

559

612

948

1,782

1,970

2,109

2,250

2,689

3,159

3,757

4,462

101

106

111

126

133

147

171

418

1,234

1,423

1,540

1,624

1,983

2,302

2,677

2,937

527

515

473

414

378

412

441

530

548

547

569

626

706

857

1,080

1,525

Proprietors' income with inventory 9
valuation and capital consumption adjustments.

15,043

11,865

9,179

5,696

5,857

7,583

10,739

11,004

13,203

11,303

11,806

12,997

17,484

24,220

29,116

30,362

Farm
Proprietors' income with inventory valuation adjustment.
Capital consumption adjustment.

10
11

6,144
6,320

4,343
4,500

3,430
3,523

2,086
2,115

2,522
2,553

2,894
2,948

5,255
5,288

4,313
4,361

6,020
6,111

4,394
4,501

4,388
4,479

4,410
4,517

6,380
6,533

10,093
10,323

11,981
12,213

11,950
12,201

12

-176

-157

-93

-29

-31

-54

-33

-48

-91

-107

-91

-107

-153

-230

-232

-251

Nonfarm
Proprietors' income
.
Inventory valuation adjus
Capital consumption adjustment.

13
14
15
16

8,899
8,816
142
-59

7,522
6,826
755
-59

5,749
5,142
611
-4

3,610
3,263
295
52

3,335
3,856
-525
4

4,689
4,777
-54
-34

5,484
5,538
-50
-4

6,691
6,783
-120
28

7,183
7,231
-29
-19

6,909
6,705
221
-17

7,418
7,601
-166
-17

8,587
8,626
-45
6

11,104
11,682
-615
37

14,127
14,416
-367
78

17,135
17,127
-156
164

18,412
18,279
-69
202

17

4,910

4,367

3,564

2,880

2,184

1,746

1,754

1,793

1,935

2,375

2,574

2,662

3,064

3,986

4,403

4,539

, 18
. 19

5,661
-751

5,041
-674

4,033
-469

3,009
-129

2,281
-97

2,012
-266

1,998
-244

2,116
-323

2,437
-502

2,942
-567

3,139
-565

3,296
-634

3,883
-819

4,985
-999

5,576
-1,173

5,922
-1,383

Corporate profits with inventory 20
valuation and capital consumption adjustments.

9,049

5,795

1,221

-1,820

-1,748

874

2,523

4,744

5,644

3,733

5,338

8,640

14,126

19,308

23,528

23,633

Corporate profits with inventory 21
valuation adjustment.

10,462

6,957

2,042

-1,262

-1,187

1,721

3,371

5,602

6,904

4,986

6,467

9,845

15,407

20,484

24,491

23,950

22
23
24
25
26

9,990
1,369
8,621
5,801
2,820

3,697
842
2,855
5,468
-2,613

-372
498
-870
4,066
-4,936

-2,309
385
-2,694
2,544
-5,238

956
521
435
2,038
-1,603

2,346
744
1,602
2,567
-965

3,598
951
2,647
2,844
-197

6,340
1,409
4,931
4,523
408

6,935
1,502
5,433
4,660
773

4,023
1,029
2,994
3,165
-171

7,181
1,441
5,740
3,766
1,974

10,045
2,834
7,211
4,016
3,195

17,878
7,610
10,268
4,431
5,837

21,688
11,415
10,273
4,254
6,019

25,264
14,074
11,190
4,446
6,744

24,237
12,949
11,288
4,617
6,671

Rental income of persons with
capital consumption adjustment.
Rental income of persons

Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits-

. 27

472

3,260

2,414

1,047

-2,143

-625

-227

-738

-31

963

-714

-200

-2,471

-1,204

-773

-287

Capital consumption adjustment.. . 28

-1,413

-1,162

-821

-558

-561

-847

-848

-858

-1,260

-1,253

-1,129

-1,205

-1,281

-1,176

-963

-317

29

4,705

4,921

4,953

4,618

4,068

4,126

4,090

3,801

3,712

3,612

3,572

3,296

3,269

3,138

2,723

2,352

Corporate profits after tax with 30
inventory valuation and capital
consumption adjustments.
Dividends
31
Undistributed profits with in- 32
ventory valuation and capital
consumption adjustments.

7,680

4,953

723

-2,205

-2,269

130

1,572

3,335

4,142

2,704

3,897

5,806

6,516

7,893

9,454

10,684

5,801
1,879

5,468
-515

4,066
-3,343

2,544
-4,749

2,038
-4,307

2,567
-2,437

2,844
-1,272

4,523
-1,188

4,660
-518

3,165
-461

3,766
131

4,016
1,790

4,431
2,085

4,254
3,639

4,446
5,008

4,617
6,067

Net interest
Addenda:




Table 1.11.—National Income by Type of Income: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-76—
Continued
[Millions of dollars]
Line

1945

1946

1947

1948

1949

1950

1951

1952

1953

1954

1955

1956

1957

1958

1959

1960

National income

. 1

180,738

178,570

194,945

219,871

213,625

237,569

274,131

287,898

302,122

301,087

330,452

349,405

365,175

366,876

400,782

415,694

Compensation of employees-

. 2

123,092

118,052

129,174

141,440

141,318

154,844

181,000

195,698

209,570

208,397

224,907

243,513

256,481

258,245

279,579

294,932

3
Wages and salaries
Government and government 4
enterprises.
. 5
Other

117,493
34,902

112,005
20,700

123,097
17,513

135,537
19,007

134,719
20,813

147,026
22,618

171,341
29,213

185,334
33,361

198,546
34,319

196,795
34,884

211,669
36,574

228,349
38,778

239,254
40,988

240,499
44,095

258,935
46,026

271,932
49,150

82,591

91,305

105,584

116,530

113,906

124,408

142,128

151,973

164,227

161,911

175,095

189,571

198,266

196,404

212,909

222,782

Supplements to wages and sala- 6
ries.
Employer contributions for 7
social insurance.
8
Other labor income

5,599

6,047

6,077

5,903

6,599

7,818

9,659

10,364

11,024

11,602

13,238

15,164

17,227

17,746

20,644

23,000

3,805

4,090

3,699

3,188

3,661

4,164

5,033

5,177

5,148

5,487

6,216

7,116

8,188

8,347

10,070

11,780

1,794

1,957

2,378

2,715

2,938

3,654

4,626

5,187

5,876

6,115

7,022

8,048

9,039

9,399

10,574

11,220

31,793

36,684

35,898

40,864

36,376

38,703

43,229

43,356

41,765

41,235

42,880

43,939

45,286

47,710

47,613

47,203

10
Farm
Proprietors' income with inven- 11
tory valuation adjustment.
Capital consumption adjust- 12
ment.

12,378
12,652

14,866
15,189

15,135
15,653

17,555
18,196

12,824
13,486

13,694
14,352

16,072
16,871

15,119
15,959

13,124
13,946

12,499
13,277

11,451
12,214

11,245
12,122

11,130
12,060

13,188
14,108

10,907
11,886

11,712
12,568

-274

-323

-518

-641

-662

-658

-799

-840

-822

-778

-763

-877

-930

-920

-979

-856

Nonfarm
Proprietors' income
Inventory valuation adjustment .
Capital consumption adjustment.

13
14
15
16

19,415
19,305
-106
216

21,818
23,296
-1,705
227

20,763
21,753
-1,471
481

23,309
23,118
-410
601

23,552
22,157
463
932

25,009
25,062
-1,094
1,041

27,157
26,442
-327
1,042

28,237
26,912
201
1,124

28,641
27,618
-168
1,191

28,736
27,589
-49
1,196

31,429
30,464
-198
1,163

32,694
31,824
-502
1,372

34,156
33,059
-300
1,397

34,522
33,208
-56
1,370

36,706
35,308
-32
1,430

35,491
34,158
25
1,308

17

4,604

5,467

5,252

5,701

6,116

7,071

7,710

8,803

10,026

11,029

11,270

11,634

12,247

12,867

13,637

14,486

18
Rental income of persons
Capital consumption adjustment... . 19

6,167
-1,563

7,280
-1,813

7,729
-2,477

8,508
-2,807

8,939
-2,823

9,960
-2,889

10,969
-3,259

12,188
-3,385

13,384
-3,358

14,360
-3,331

14,750
-3,480

15,232
-3,598

15,858
-3,611

16,677
-3,810

17,412
-3,775

17,969
-3,483

Corporate profits with inventory 20
valuation and capital consumption adjustments.

19,041

16,581

22,279

29,422

27,145

33,948

38,665

36,089

36,317

35,156

45,486

43,744

43,253

38,484

49,611

47,644

Corporate profits with inventory 21
valuation adjustment.

19,272

19,579

25,852

33,443

31,062

37,920

43,266

40,626

40,202

38,362

47,473

46,938

46,607

41,638

52,275

49,669

22
23
24
25
26

19,836
10,689
9,147
4,600
4,547

24,842
9,104
15,738
5,560
10,178

31,751
11,268
20,483
6,302
14,181

35,595
12,421
23,174
7,015
16,159

29,206
10,203
19,003
7,210
11,793

42,885
17,925
24,960
8,803
16,157

44,465
22,559
21,906
8,520
13,386

39,645
19,399
20,246
8,493
11,753

41,199
20,287
20,912
8,795
12,117

38,680
17,624
21,056
9,149
11,907

49,209
22,041
27,168
10,311
16,857

49,631
21,993
27,638
11,085
16,553

48,146
21,423
26,723
11,514
15,209

41,893
18,964
22,929
11,304
11,625

52,552
23,646
28,906
12,171
16,735

49,842
22,696
27,146
12,890
14,256

Proprietors' income with inventory 9
valuation and capital consumption adjustments.

Rental income of persons with
capital consumption adjustment.

Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits..

. 27

-564

-5,263

-5,899

-2,152

1,856

-4,965

-1,199

981

-997

-318

-1,736

-2,693

-1,539

-255

-277

-173

Capital consumption adjustment..... 28

-231

-2,998

-3,573

-4,021

-3,917

-3,972

-4,601

-4,537

-3,885

-3,206

-1,987

-3,194

-3,354

-3,154

-2,664

-2,025

29

2,208

1,786

2,342

2,444

2,670

3,003

3,527

3,952

4,444

5,270

5,909

6,575

7,908

9,570

10,342

11,429

Corporate profits after tax with 30
inventory valuation and capital
consumption adjustments.
31
Dividends
Undistributed profits with in- 32
ventory valuation and capital
consumption adjustments.

8,352

7,477

11,011

17,001

16,942

16,023

16,106

16,690

16,030

17,532

23,445

21,751

21,830

19,520

25,965

24,948

4,600
3,752

5,560
1,917

6,302
4,709

7,015
9,986

7,210
9,732

8,803
7,220

8,520
7,586

8,493
8,197

8,795
7,235

9,149
8,383

10,311
13,134

11,085
10,666

11,514
10,316

11,304
8,216

12,171
13,794

12,890
12,058

Net interest
Addenda:




Table 1.11.—National Income by Type of Income: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-76—
Continued
[Millions of dollars]
1962

1963

1965

1966

1967

1968

428,779

461,998

488,485

303,568

325,098

342,882

524,941

572,444

367,957

396,543

628,072

662,236

722,548

779,338

439,290

471,397

519,892

572,854

3
Wages and salaries
Government and government 4
enterprises.
5
Other

279,462
52,435

298,043
56,308

313,385
59,984

336,133
64,879

362,005
69,860

398,363
78,333

426,972
86,420

469,581
96,621

515,670
105,526

227,027

241,735

Supplements to wages and sala- 6
ries.
Employer contributions for 7
social insurance.
8
Other labor income

24,106

27,055

253,401
29,497

271,254

292,145

320,030

340,552

372,960

31,824

34,538

40,927

44,425

50,311

12,282

14,017

15,536

16,099

16,698

21,032

22,774

11,824

13,038

13,961

15,725

17,840

19,895

Proprietors' income with inventory 9
valuation and capital consumption adjustments.

48,590

49,891

50,529

52,461

56,936

Line

1961

National income

1

Compensation of employees-

2

1964

1975

1972

810,717

871,515

963,649 1,086,172 1,160,743 1,239,362 1,379,233

611,953

652,184

717,977

801,274

877,486

931,369 1,036,334

548,713
117,138

581,529
126,697

635,198
137,837

702,596
148,737

765,214
160,396

806,389
176,057

889,925
188,684

410,144

431,575

454,832

497,361

553,859

604,818

630,332

701,241

57,184

63,240

70,655

82,779

98,678

112,272

124,980

146,409

25,074

28,722

30,733

33,969

39,752

49,842

56,425

60,457

70,544

21,651

25,237

28,462

32,507

36,686

43,027

48,836

55,847

64,523

75,865

60,516

61,209

63,978

67,043

66,229

69,384

76,856

93,795

88,728

90,020

94,072

1970

1973

1974

1971

1969

1976

Farm
Proprietors' income with inventory valuation adjustment.
Capital consumption adjustment.

10
11

12,126
12,935

12,255
13,027

12,043
12,776

10,800
11,516

13,105
13,842

14,118
14,918

12,641
13,514

12,694
13,670

14,561
15,712

14,339
15,649

15,028
16,389

18,719
20,367

32,806
34,626

26,480
29,014

24,620
28,021

19,089
22,780

12

-809

-772

-733

-716

-737

-800

-873

-976

-1,151

-1,310

-1,361

-1,648

-1,820

-2,534

-3,401

-3,691

Nonfarm
Proprietors' income
Inventory valuation adjustment .
Capital consumption adjustment.

13
14
15
16

36,464
35,307
3
1,154

37,636
36,392
-4
1,248

38,486
37,172
-44
1,358

41,661
40,234
-56
1,483

43,831
42,658
-166
1,339

46,398
45,344
-224
1,278

48,568
47,471
-204
1,301

51,284
50,609
-413
1,088

52,482
51,890
-464
1,056

51,890
51,652
-533
771

54,356
54,534
-557
379

58,137
58,102
-721
756

60,989
62,248
62,321
65,775
— 1,972 -3,657
\ 640
130
\

65,400
67,363
-1,208
-755

74,983
77,068
-1,194
-891

17

15,027

15,759

16,536

17,063

17,965

18,723

19,698

19,548

19,591

19,704

20,236

21,002

23,015

23,505

18
. 19

18,433
-3,406

19,123
-3,364

19,734
-3,198

20,235
-3,172

21,239
-3,274

22,291
-3,568

23,611
-3,913

24,025
-4,477

25,184
-5,593

25,773
-6,069

27,089
-6,853

29,001
-7,999

Corporate profits with inventory 20
valuation and capital consumption adjustments.

48,585

56,584

62,136

69,172

79,959

85,103

82,382

89,132

85,056

71,383

83,228

96,604

108,315

94,890

110,493

138,097

Corporate profits with inventory 21
valuation adjustment.

50,001

55,057

59,672

66,027

75,959

80,924

78,123

84,879

80,787

68,882

81,977

93,950

105,638

96,725

120,574

151,636

22
23
24
25
26

49,730
22,781
26,949
13,347
13,602

55,031
23,972
31,059
14,410
16,649

59,618
26,231
33,387
15,504
17,883

66,521
27,985
38,536
17,325
21,211

77,204
30,876
46,328
19,120
27,208

83,031
33,658
49,373
19,439
29,934

79,677
32,480
47,197
20,157
27,040

88,530
39,154
49,376
22,029
27,347

86,657
39,469
47,188
22,529
24,659

75,434
34,161
41,273
22,450
18,823

86,561
37,532
49,029
22,907
26,122

100,560
41,620
58,940
24,436
34,504

125,600
49,045
76,555
26,968
49,587

136,684
51,570
85,114
29,894
55,220

132,143
50,625
81,518
30,770
50,748

166,315
63,844
102,471
37,356
65,115

Rental income of persons with
capital consumption adjustment.
Rental income of persons

Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits

22,580

23,539

32,052
35,310
36,845
39,150
-9,472 -11,771 -13,830 -15,645

Inventory valuation adjustment . 27

271

26

54

-494

-1,245

-2,107

-1,554

-3,651

-5,870

-6,552

-4,584

. 28

-1,416

1,527

2,464

3,145

4,000

4,179

4,259

4,253

4,269

2,501

1,251

2,654

2,677

29

13,009

14,666

16,402

18,288

21,041

24,440

27,550

29,998

34,794

41,448

46,483

51,210

60,208

76,100

84,465

87,225

Corporate profits after tax with 30
inventory valuation and capital
consumption adjustments.
31
Dividends
Undistributed profits with in- 32
ventory valuation and capital
consumption adjustments.

25,804

32,612

35,905

41,187

49,083

51,445

49,902

49,978

45,587

37,222

45,696

54,984

59,270

43,320

59,868

74,253

13,347
12,457

14,410
18,202

15,504
20,401

17,325
23,862

19,120
29,963

19,439
32,006

20,157
29,745

22,029
27,949

22,529
23,058

22,450
14,772

22,907
22,789

24,436
30,548

26,968
32,302

29,894
13,426

30,770
29,098

37,356
36,897

Net interest

-6,610 -19,962 -39,959 -11,569 -14,679
-1,835 -10,081 -13,539

Addenda:




t*able 1.11.—National Income by Type of Income: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-76Continued
[Billions of dollars]
1947

1946
Line

II

I

IV

I

II

IV

II

I

1950

1949

1948
III

III

IV

II

I

III

IV

I

II

III

IV

1

167.6

174.9

182.8

188.7

190.5

191.9

194.7

202.5

211.5

219.1

223.5

225.4

218.1

213.0

213.2

210.4

219.1

229.4

244.8

256.8

2

113.6

115.6

119.5

123.2

125.9

127.8

129.2

133.7

137.2

139.0

144.0

145.5

143.4

141.2

140.5

140.2

144.2

150.2

158.5

166.4

3
government 4

107.6
25.0

109.5
20.3

113.5
18.9

117.2
18.6

119.6
17.9

121.4
17.6

123.4
17.0

127.8
17.5

131.4
17.9

133.2
18.3

138.0
19.5

139.5
20.3

136.9
20.4

134.6
20.6

133.9
20.9

133.4
21.4

136.9
21.4

142.6
21.6

150.5
22.8

158.0
24.7

5

82.6

89.2

94.6

98.6

101.7

103.9

106.4

110.3

113.5

114.8

118.6

119.2

116.6

114.1

113.0

112.1

115.5

121.0

127.8

133.3

6.3

6.3

5.8

5.9

5.8

5.9

5.9

6.0

6.4

6.5

6.7

6.8

7.3

7.5

8.0

8.5

3.4

3.2

National income

.

Compensation of employees
Wages and salaries
Government and
enterprises.
Other

III

Supplements to wages and sala- 6
ries.
Employer contributions for 7
social insurance.
Other labor income
8

6.0

6.1

6.1

6.0

4.1

4.1

4.1

4.0

4.0

4.0

3.4

3.2

3.2

3.2

3.6

3.7

3.7

3.7

4.0

4.0

4.2

4.4

1.9

1.9

2.0

2.1

2.2

2.3

2.4

2.5

2.7

2.7

2.7

2.8

2.8

2.9

3.0

3.1

3.3

3.5

3.8

4.0

35.3

36.8

38.1

42.0

42.3

41.0

37.0

36.4

35.8

36.3

36.9

37.4

39.8

40.7

34.2

35.9

38.5

38.1

37.6

34.0

Farm
10
Proprietors' income with inven- 11
tory valuation adjustment.
Capital consumption adjust- 12
ment.

13.0
13.3

13.7
14.0

16.2
16.5

16.6
17.0

16.7
17.1

13.4
13.9

14.8
15.3

15.6
16.2

15.7
16.3

18.9
19.5

18.5
19.2

17.1
17.8

13.5
14.2

12.9
13.5

12.3
12.9

12.7
13.3

13.1
13.7

12.9
13.5

13.8
14.5

15.0
15.7

-.3

-.3

-.3

-.4

-.4

-.5

-.6

-.6

-.6

-•6

-.7

-.7

-.7

-.7

-.7

-.7

-.6

-.6

-.7

-.7

Nonfarm
Proprietors' income
Inventory valuation adjustment.
Capital consumption adjustment.

13
14
15
16

21.2
21.2
-.2
.2

22.3
22.6
-.6
.2

22.4
25.4
-3.3
.2

21.5
24.0
-2.8
.3

20.8
22.7
-2.2
.3

20.5
20.9
-.8
.4

20.5
21.3
-1.4
.6

21.2
22.1
-1.5
.6

22.4
22.4
-.6
.6

23.2
23.4
-.8
.6

23.8
23.8
-.6
.6

23.9
22.8
.4
.7

23.5
22.2
.6
.8

23.5
21.9
.8
.9

23.5
22.0
.5
1.0

23.7
22.6
.0
1.1

23.8
22.8
.0
1.1

24.5
24.0
-.6
1.1

26.0
26.6
-1.7

i.a

25.7
26.8
-2.1
1.0

17

5.2

5.4

5.5

5.7

5.4

5.1

5.1

5.4

5.5

5.6

5.8

5.9

5.9

6.0

6.2

6.4

6.8

6.9

7.2

7.4

Rental income of persons
18
Capital consumption adjustment.... 19

6.9
-1.7

7.2
-1.8

7.3
-1.8

7.7
-2.0

7.6
-2.1

7.4
-2.4

7.7
-2.6

8.2
-2.8

8.4
-2.9

8.5
-2.8

8.6
-2.8

8.6
-2.7

8.7
-2.7

8.8
-2.8

9.0
-2.9

9.3
-2.9

9.7
-2.9

9.8
-2.9

10.1
-2.9

10.2
-2.9

Corporate profits with inventory 20
valuation and capital consumption adjustments.

12.8

16.2

17.4

19.8

19.2

22.7

22.8

24.3

28.2

30.0

29.1

30.5

29.2

26.8

28.1

24.8

28.3

31.9

36.3

39.3

Corporate profits with inventory 21
valuation adjustment.

15.6

19.1

20.5

23.1

22.9

26.1

26.4

28.0

31.9

33.8

33.3

34.8

33.1

30.7

32.0

28.6

31.9

35.7

40.3

43.7

22
23
24
25
26

16.8
6.1
10.7
5.1
5.6

21.8
8.0
13.9
5.5
8.4

28.6
10.5
18.1
5.7
12.4

32.1
11.8
20.3
6.1
14.2

32.5
11.6
21.0
6.1
14.9

30.8
10.9
19.8
6.4
13.5

30.4
10.8
19.6
6.6
13.1

33.2
11.8
21.4
6.5
14.9

34.8
12.1
22.7
7.1
15.6

36.7
12.8
23.9
6.7
17.1

36.1
12.6
23.5
7.1
16.4

34.9
12.2
22.7
7.4
15.3

31.7
11.1
20.6
7.2
13.4

27.9
9.7
18.2
7.2

29.0
10.1
18.9
7.1
11.8

28.4
9.9
18.5
7.4
11.1

32.6
13.6
19.0
8.3
10.7

39.0
16.3
22.7
8.3
14.4

47.6
19.9
27.7
9.1
18.6

52.3
21.8
30.4
9.5
21.0

Inventory valuation adjustment. 27

-1.2

-2.8

-8.1

-8.9

-9.7

-4.7

-4.0

-5.2

-2.9

-2.9

-2.8

-.1

1.4

2.8

3.0

.2

-.7

-3.3

-7.3

-8.5

Capital consumption adjustment.... 28

-2.7

-2.8

-3.1

-3.4

-3.7

-3.4

-3.6

-3.7

-3.7

-3.8

-4.2

-4.3

-3.9

-4.0

-3.9

-3.8

-3.6

-3.8

-4.0

-4.5

29

1.7

1.8

1.8

1.9

2.4

2.4

2.3

2.3

2.5

2.4

2.4

2.4

2.6

2.7

2.7

2.7

2.9

3.0

3.0

3.1

Corporate profits after tax with 30
inventory valuation and capital
consumption adjustments.
31
Dividends
Undistributed profits with in- 32
ventory valuation and capital
consumption adjustments.

6.7

8.3

6.9

8.0

7.6

11.8

12.0

12.5

16.1

17.2

16.5

18.3

18.1

17.0

17.9

14.8

14.7

15.6

16.4

17.4

5.1
1.6

5.5
2.8

5.7
1.2

6.1
1.8

6.1
1.6

6.4
5.5

6.6
5.4

6.5
6.0

7.1
9.0

6.7
10.4

7.1
9.3

11.0

7.4

7.2
10.9

7.2
9.9

7.1
10.9

7.4
7.5

8.3
6.4

8.3
7.2

9.1
7.2

9.5
8.0

Proprietors' income with inventory 9
valuation and capital consumption adjustments.

Rental income of persons with
capital consumption adjustment.

Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits

Net interest

11.0

Addenda:




Table 1.11.—National Income by Type of Income: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-76—
Continued
[Billions of dollars]
1951

1952

1953

1954

1955

Line
I

II

III

IV

I

II

III

IV

I

II

III

IV

I

II

III

IV

I

II

III

IV

National income

1

265.9

272.4

276.9

281.5

282.7

283.1

288.3

297.9

303.0

305.2

303.8

296.5

297.1

297.3

300.8

309.0

319.7

328.2

334.1

340.4

Compensation of employees

2

174.5

180.1

183.3

186.0

191.0

192.3

195.8

203.6

207.4

210.7

210.8

209.3

207.3

206.9

207.5

211.8

216.3

222.8

227.7

232.8

government

3
4

165.2
26.8

170.5
28.5

173.6
30.5

176.0
31.1

180.9
32.5

182.1
33.2

185.4
33.8

192.9
33.9

196.5
34.1

199.6
34.4

199.8
34.4

198.2
34.3

195.9
34.4

195.5
34.7

195.9
35.1

199.9
35.4

203.7
35.6

209.8
36.7

214.1
36.8

218.9
37.2

5

138.5

142.0

143.1

144.9

148.4

148.8

151.6

159.0

162.4

165.2

165.4

163.9

161.5

160.8

160.8

164.5

168.1

173.2

177.4

181.6

Supplements to wages and sala-

6

9.3

9.6

9.7

10.1

10.1

10.2

10.4

10.7

10.9

11.1

11.0

11.1

11.4

11.5

11.6

11.9

12.6

13.0

13.6

13.9

7

4.9

5.1

5.0

5.1

5.1

5.1

5.2

5.3

5.2

5.3

5.1

5.0

5.4

5.5

5.5

5.6

5.9

6.1

6.4

6.5

8

4.3

4.5

4.7

4.9

5.0

5.1

5.3

5.4

5.7

5.8

6.0

6.1

6.0

6.0

6.1

6.3

6.6

6.9

7.2

7.4

9

42.5

42.9

43.3

44.1

42.4

43.4

45.1

42.5

42.6

41.8

41.1

41.5

41.6

40.5

41.3

41.5

42.2

42.8

43.1

43.5

10
11

15.7
16.5

16.0
16.8

16.0
16.8

16.6
17.4

14.8
15.6

15.3
16.1

16.8
17.6

13.6
14.5

13.6
14.4

13.0
13.9

12.6
13.5

13.2
14.0

13.5
14.3

12.0
12.8

12.6
13.4

11.9
12.7

11.8
12.6

11.7
12.5

11.2
12.0

11.0
11.8

12

-.8

-.8

-.8

-.8

-.8

-.8

-.8

-.9

-.8

-.8

-.8

-.8

-.8

-.8

-.8

-.8

-.7

-.7

-.8

-.8

13
14
15
16

26.9
27.8
-1.9
1.0

26.9
26.2
-.3
1.0

27.3
25.7
.5
1.1

27.6
26.1
.3
1.1

27.7
26.5
.1
1.1

28.1
26.8
.2
1.1

28.3
27.0
.2
1.2

28.9
27.4
.3
1.2

29.0
27.9
-.1
1.2

28.8
27.7
-.1
1.2

28.5
27.9
-.5
1.2

28.3
27.0
.1
1.2

28.1
26.9
.0
1.2

28.6
27.3
.1
1.2

28.7
27.6
-.1
1.2

29.6
28.6
-.2
1.2

30.4
29.1
.2
1.2

31.1
30.3
-.4
1.1

31.8
30.9
-.3
1.2

32.4
31.6
-.3
1.2

17

7.4

7.5

7.8

8.1

8.2

8.6

9.0

9.4

9.5

9.8

10.2

10.6

10.6

10.9

11.2

11.4

11.2

11.2

11.3

11.4

Rental income of persons
18
Capital consumption adjustment.... 19

10.4
-3.0

10.7
-3.2

11.1
-3.4

11.6
-3.5

11.7
-3.5

12.1
-3.4

12.3
-3.3

12.6
-3.2

12.8
-3.2

13.1
-3.3

13.6
-3.4

14.1
-3.5

14.1
-3.5

14.3
-3.4

14.5
-3.3

14.6
-3.2

14.5
-3.3

14.6
-3.4

14.8
-3.6

15.1
-3.7

Wages and salaries
Government and
enterprises.
Other

Employer
contributions
social insurance.
Other labor income

for

Proprietors' income with inventory
valuation and capital consumption adjustments.
Farm
Proprietors' income with inventory valuation adjustment.
Capital consumption adjustment.
Nonfarm
Proprietors' income
Inventory valuation adjustment.
Capital consumption adjustment.
Rental income of persons with
capital consumption adjustment.

Corporate profits with inventory
valuation and capital consumption adjustments.

20

38.2

38.3

38.8

39.6

37.2

34.8

34.4

38.3

39.3

38.5

37.2

30.3

32.6

33.7

35.4

38.8

44.3

45.5

46.0

46.8

Corporate profits with inventory
valuation adjustment.

21

42.9

42.9

43.3

44.2

41.8

39.4

38.8

42.8

43.6

42.5

41.1

33.7

36.0

37.0

38.6

41.8

46.6

47.6

47.5

48.9

22
23
24
25
26

51.6
26.3
25.3
8.3
17.1

43.9
22.3
21.6
8.5
13.1

39.9
20.2
19.7
8.4
11.3

42.7
21.6
21.1
8.5
12.6

40.5
19.9
20.7
8.0
12.7

38.2
18.7
19.6
8.5
11.0

38.1
18.7
19.5
8.5
11.0

42.0
20.6
21.4
8.7
12.8

44.0
21.6
22.4
8.4
14.0

44.1
21.7
22.4
9.1
13.3

43.1
21.2
21.8
9.0
12.8

33.7
16.6
17.1
8.8
8.3

36.0
16.4
19.6
9.3
10.3

37.1
16.9
20.2
8.7
11.5

39.3
17.9
21.4
9.1
12.3

42.3
19.3
23.0
9.2
13.8

47.7
21.4
26.3
9.8
16.5

48.4
21.7
26.7
9.9
16.8

49.7
22.2
27.5
10.5
17.0

51.6
23.1
28.5
10.7
17.9

Inventory valuation adjustment. 27

-8.7

-1.0

3.5

1.5

1.3

1.2

.7

.8

-.4

-1.6

-2.0

.0

.0

.0

-.7

-.5

-1.1

-.9

-2.2

-2.8

Capital consumption adjustment.... 28

-4.7

-4.6

-4.5

-4.5

-4.6

-4.6

-4.5

-4.5

-4.3

-4.0

-3.9

-3.4

-3.4

-3.3

-3.2

-3.0

-2.3

-2.0

-1.5

-2.1

29

3.3

3.5

3.7

3.7

3.8

3.9

4.0

4.1

4.2

4.3

4.4

4.8

5.0

5.1

5.4

5.6

5.7

5.9

6.0

6.0

Corporate profits after tax with 30
inventory valuation and capital
consumption adjustments.
Dividends
31
Undistributed profits with in- 32
ventory valuation and capital
consumption adjustments.

11.9

16.0

18.6

18.0

17.4

16.1

15.7

17.7

17.7

16.8

16.0

13.7

16.2

16.9

17.5

19.5

22.9

23.9

23.8

23.7

8.3
3.6

8.5
7.6

8.4
10.2

8.5
9.5

8.0
9.4

8.5
7.6

8.5
7.3

8.7
9.1

8.4
9.3

9.1
7.6

9.0
7.0

8.8
4.9

9.3
6.9

8.7
8.2

9.1
8.5

9.2
10.3

9.8
13.1

9.9
13.9

10.5
13.2

10.7
13.0

Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits

Net interest
Addenda:




/

Table 1.11.—National Income by Type of Income: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-76—
Continued
[Billions of dollars]
1957

1956
Line
II

I

III

IV

I

II

IV

I

II

1960

1959

1958
III

III

IV

I

II

III

IV

I

II

III

IV

National income

1

342.3

347.3

350.3

357.0

363.0

365.1

368.9

363.3

357.5

358.3

369.1

382.0

392.7

405.9

400.4

404.2

416.5

416.3

416.3

413.6

Compensation of employees

2

237.1

241.7

244.7

250.5

254.2

256.0

258.6

257.0

254.0

253.5

259.6

265.8

273.1

280.2

280.9

284.1

292.5

295.4

296.2

295.6

3
government 4

222.7
37.8

226.8
38.5

229.2
39.2

234.6
39.6

237.5
40.2

238.9
40.7

241.1
41.5

239.4
41.6

236.6
42.6

236.1
43.7

241.7
44.8

247.5
45.2

253.1
45.4

259.6
45.8

260.0
46.2

263.0
46.7

269.8
47.7

272.5
48.6

273.0
49.8

272.4
50.5

5

184.8

188.3

190.1

195.0

197.3

198.2

199.6

197.8

193.9

192.4

196.9

202.3

207.7

213.8

213.8

216.3

222.2

223.9

223.2

221.9

Supplements to wages and sala- 6
ries.
Employer contributions for 7
social insurance.
8
Other labor income

14.4

14.8

15.5

15.9

16.7

17.0

17.5

17.7

17.4

17.4

17.9

18.3

20.0

20.6

20.9

21.1

22.7

22.9

23.1

23.2

6.8

6.9

7.3

7.4

8.0

8.1

8.3

8.3

8.2

8.2

8.5

8.5

9.9

10.1

10.1

10.2

11.7

11.8

11.9

11.8

7.6

7.9

8.2

8.5

8.6

8.9

9.2

9.4

9.2

9.2

9.4

9.8

10.1

10.5

10.8

10.9

11.0

11.2

11.3

11.4

Proprietors' income with inventory 9
valuation and capital consumption adjustments.

43.2

43.5

44.3

44.8

44.6

45.1

46.0

45.5

47.5

47.4

47.7

48.2

47.8

48.2

47.4

47.0

46.6

47.8

47.3

47.1

10
Farm
Proprietors' income with inven- 11
tory valuation adjustment.
Capital consumption adjust- 12
ment.

11.0
11.8

10.9
11.7

11.6
12.5

11.5
12.4

10.6
11.6

10.8
11.8

11.5
12.5

11.5
12.4

13.7
14.6

13.2
14.1

13.0
14.0

12.8
13.8

11.8
12.8

11.2
12.2

10.2
11.2

10.4
11.4

10.5
11.4

12.0
12.8

12.1
13.0

12.3
13.1

-.8

-.9

-.9

-.9

-.9

-.9

-.9

-.9

-.9

-.9

-.9

-1.0

-1.0

-1.0

-1.0

-.9

-.9

-.9

-.8

-.8

13
14
15
16

32.2
31.4
-.5
1.3

32.6
31.9
-.7
1.4

32.7
31.6
-.3
1.4

33.3
32.4
-.6
1.4

34.0
32.9
-.4
1.4

34.2
33.2
-.4
1.4

34.5
33.2
-.1
1.4

34.0
33.0
-.3
1.4

33.8
32.5
-.1
1.4

34.2
32.9
-.1
1.4

34.6
33.2
.1
1.3

35.4
34.2
-.1
1.3

36.1
34.8
-.2
1.5

37.1
35.8
-.1
1.4

37.1
35.5
.2
1.4

36.6
35.1
.1
1.4

36.1
34.9
-.1
1.4

35.8
34.4
.0
1.3

35.2
33.7
.2
1.3

34.9
33.6
.0
1.3

17

11.4

11.6

11.7

11.8

11.9

12.1

12.4

12.5

12.7

12.8

12.9

13.1

13.0

13.5

13.9

14.2

14.3

14.5

14.6

14.6

18
Rental income of persons
Capital consumption adjustment.... 19

15.1
-3.7

15.2
-3.6

15.3
-3.6

15.3
-3.5

15.4
-3.5

15.7
-3.6

16.1
-3.7

16.2
-3.7

16.5
-3.8

16.6
-3.8

16.7
-3.8

16.9
-3.8

16.9
-3.9

17.3
-3.8

17.6
-3.8

17.9
-3.7

17.9
-3.6

17.9
-3.5

18.0
-3.5

18.1
-3.4

Corporate profits with inventory 20
valuation and capital consumption adjustments.

44.3

44.1

42.8

43.2

44.9

44.2

43.7

40.0

34.4

35.1

39.2

44.7

48.5

53.7

48.0

48.3

52.0

47.7

46.7

44.3

Corporate profits with inventory 21
valuation adjustment.

46.7

46.9

46.4

47.2

48.7

47.6

46.8

43.0

37.1

38.4

42.5

48.0

51.5

56.3

50.7

50.5

54.1

49.8

48.7

46.1

22
23
24
25
26

49.6
22.0
27.6
10.9
16.7

50.5
22.4
28.1
10.9
17.2

47.6
21.1
26.5
11.0
15.6

50.2
22.2
28.0
11.4
16.6

51.1
22.8
28.4
11.5
16.9

49.1
21.8
27.3
11.7
15.6

48.1
21.4
26.7
11.8
14.9

43.9
19.5
24.4
11.5
12.8

37.3
16.8
20.5
11.4
9.2

38.1
17.2
20.9
11.4
9.4

42.7
19.4
23.3
11.3
12.0

48.9
22.2
26.7
11.0
15.6

52.3
23.4
28.9
11.7
17.1

57.1
25.8
31.3
12.1
19.3

51.0
23.0
28.1
12.4
15.7

49.8
22.4
27.4
12.5
14.9

55.0
25.4
29.6
12.7
16.8

50.4
23.0
27.4
12.8
14.6

48.2
21.8
26.4
13.1
13.3

45.8
20.6
25.2
13.0
12.2

Wages and salaries
Government and
enterprises.
Other

Nonfarm
Proprietors' income
Inventory valuation adjustment.
Capital consumption adjustment.
Rental income of persons with
capital consumption adjustment.

Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits

Inventory valuation adjustment. 27

-2.9

-3.6

-1.2

-3.0

-2.4

-1.5

-1.3

-.9

-.2

.3

-.2

-.9

-.7

-.8

-.3

.7

-.9

-.6

.5

.3

Capital consumption a d j u s t m e n t - 28

-2.3

-2.8

-3.6

-4.0

-3.8

-3.4

-3.1

-3.0

-2.7

-3.2

-3.3

-3.4

-3.1

-2.6

-2.7

-2.3

-2.1

-2.1

-2.0

-1.9

29

6.3

6.5

6.8

6.7

7.4

7.8

8.2

8.2

9.0

9.4

9.8

10.2

10.2

10.3

10.3

10.6

11.1

11.0

11.6

12.0

Corporate profits after tax with 30
inventory valuation and capital
consumption adjustments.
31
Dividends
Undistributed profits with in- 32
ventory valuation and capital
consumption adjustments.

22.3

21.7

21.8

21.0

22.1

22.3

22.3

20.4

17.6

18.0

19.8

22.4

25.1

27.9

25.0

25.9

26.6

24.7

24.9

23.7

10.9
11.4

10.9
10.7

11.0
10.8

11.4
9.6

11.5
10.6

11.7
10.6

11.8
10.5

11.5
8.9

11.4
6.2

11.4
6.5

11.3
8.4

11.0
11.4

11.7
13.3

12.1
15.8

12.4
12.7

12.5
13.3

12.7
13.9

12.8
11.9

13.1
11.8

13.0
10.7

Net interest
Addenda:




Table 1.11.—National Income by Type of Income: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-76Continued
[Billions of dollars]
1962

1961
Line
I

III

IV

1963

II

I

III

IV

1964

II

I

III

IV

III

II

I

IV

1

414.8

424.0

432.1

444.1

453.4

459.5

464.3

470.7

476.2

485.2

492.4

500.2

511.9

520.8

530.4

536.6

2

296.4

300.5

305.4

312.0

318.4

324.3

327.1

330.5

335.3

340.1

345.0

351.1

357.4

364.7

371.9

377.8

3
government 4

272.8
51.1

276.6
51.8

281.2
52.8

287.2
54.1

292.1
55.3

297.5
55.9

299.8
56.4

302.8
57.6

306.5
58.6

310.9
59.3

315.4
60.1

320.7
61.9

326.6
63.1

333.2
64.1

339.7
65.6

345.0
66.7

National income
Compensation of employees
Wages and salaries
Government and
enterprises.
Other

II

5

221.7

224.9

228.4

233.1

236.8

241.5

243.4

245.3

248.0

251.6

255.2

258.8

263.6

269.1

274.1

278.3

Supplements to wages and sala- 6
ries.
Employer contributions for 7
social insurance.
8
Other labor income

23.6

23.9

24.2

24.7

26.4

26.9

27.3

27.7

28.8

29.2

29.7

30.4

30.8

31.5

32.2

32.9

12.1

12.2

12.3

12.5

13.8

14.0

14.0

14.2

15.2

15.4

15.6

15.9

15.8

16.0

16.2

16.4

11.5

11.7

11.9

12.2

12.5

12.9

13.2

13.5

13.6

13.7

14.0

14.5

15.0

15.5

16.0

16.5

9

48.0

48.3

48.6

49.4

49.8

49.9

49.9

49.9

50.0

50.3

50.7

51.1

51.2

52.2

52.9

53.5

10
Farm
Proprietors' income with inven- 11
tory valuation adjustment.
Capital consumption adjust- 12
ment.

12.2
13.0

12.0
12.8

12.0
12.8

12.3
13.2

12.5
13.3

12.3
13.1

12.1
12.9

12.2
12.9

12.2
12.9

12.2
12.9

12.0
12.8

11.7
12.5

10.7
11.4

10.7
11.4

10.7
11.4

11.2
11.9

-.8

-.8

-.8

-.8

-.8

-.8

-.8

-.7

-.7

-.7

-.7

-.7

-.7

-.7

-.7

-.7

13
14
15
16

35.8
34.5
.0
1.2

36.4
35.1
.1
1.2

36.7
35.6
.0
1.1

37.0
36.0
-.1
1.1

37.3
36.1
.1
1.2

37.6
36.5
-.1
1.2

37.9
36.7
-.2
1.3

37.7
36.3
.1
1.3

37.8
36.4
.0
1.3

38.1
36.8
.0
1.3

38.7
37.4
-.1
1.4

39.3
38.0
-.1
1.4

40.5
39.1
.0
1.5

41.6
40.1
.0
1.5

42.2
40.8
-.1
1.5

42.3
40.9
-.1
1.5

17

14.8

14.9

15.1

15.3

15.4

15.6

15.8

16.2

16.3

16.5

16.7

16.6

17.0

17.0

17.0

17.2

18
Rental income of persons
Capital consumption adjustment.... 19

18.2
-3.4

18.3
-3.4

18.5
-3.4

18.7
-3.4

18.8
-3.4

18.9
-3.4

19.2
-3.4

19.5
-3.3

19.6
-3.3

19.7
-3.2

19.8
-3.1

19.8
-3.2

20.0
-3.0

20.1
-3.1

20.3
-3.3

20.5
-3.3

Corporate profits with inventory 20
valuation and capital consumption adjustments.

43.4

47.5

49.8

53.6

55.9

55.2

56.6

58.7

58.8

62.2

63.3

64.3

68.8

68.8

69.9

69.1

Corporate profits with inventory 21
valuation adjustment.

44.9

48.9

51.2

55.1

54.6

53.7

54.9

57.0

57.0

59.6

60.7

61.4

65.7

65.8

66.7

66.0

22
23
24
25
26

44.9
20.2
24.7
13.0
11.7

47.9
21.9
26.0
13.1
12.9

50.9
23.4
27.5
13.4
14.1

55.2
25.6
29.6
13.9
15.7

54.1
23.7
30.4
14.0
16.4

53.9
23.5
30.4
14.4
16.0

55.6
24.3
31.3
14.6
16.7

56.4
24.3
32.2
14.7
17.5

55.9
24.4
31.5
15.1
16.4

59.3
26.2
33.2
15.4
17.8

60.8
26.8
34.0
15.6
18.4

62.3
27.5
34.8
16.0
18.9

65.9
27.7
38.2
16.6
21.5

65.9
27.8
38.1
17.2
21.0

67.6
28.5
39.1
17.5
21.6

66.7
27.9
38.7
18.0
20.7

-.1

.5

-.2

-.7

.6

1.0

.2

-.2

-.9

-.2

-.2

-.9

-.7

1.7

1.7

1.8

2.6

2.6

2.8

3.1

3.1

3.2

3.2

Proprietors' income with inventory
valuation and capital consumption adjustments.

Nonfarm
Proprietors' income
Inventory valuation adjustment.
Capital consumption adjustment.
Rental income of persons with
capital consumption adjustment.

Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits

Inventory valuation adjustment. 27

-.1

.9

.3

Capital consumption adjustment.... 28

-1.5

-1.3

-1.4

-1.5

1.3

1.4

29

12.2

12.7

13.2

13.9

13.9

14.5

14.9

15.4

15.8

16.1

16.6

17.1

17.5

18.0

18.7

18.9

Corporate profits after tax with 30
inventory valuation and capital
consumption adjustments.
31
Dividends
Undistributed profits with in- 32
ventory valuation and capital
consumption adjustments.

23.2

25.6

26.4

28.0

32.1

31.6

32.2

34.4

34.4

36.0

36.5

36.8

41.1

41.1

41.4

41.2

13.0
10.1

13.1
12.5

13.4
13.0

13.9
14.1

14.0
18.2

14.4
17.2

14.6
17.7

14.7
19.7

15.1
19.3

15.4
20.6

15.6
20.9

16.0
20.8

16.6
24.5

17.2
23.9

17.5
23.9

18.0
23.2

Net interest
Addenda:




Table 1.11.—National Income by Type of Income: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-76Continued
[Billions of dollars]
1966

1965
Line
II

I
1

National income
Compensation of employees
Wages and salaries
Government and
enterprises.
Other

2

553.8
384.5

III

IV

566.2

576.5

593.2

391.2

399.3

613.3

1968

1967

II

I

III

IV

622.6

633.0

643.4

I

III

II

647.2

IV

II

I

III

IV
746.1

653.8

666.5

681.5

696.9

715.6

731.6

485.6

500.0

513.2

527.0

539.4

411.2

423.4

434.5

445.5

453.8

459.9

465.3

474.8

394.0
76.8

404.1
79.7

411.5
81.9

416.8
83.4

421.6
84.9

430.0
87.0

439.5
90.3

451.9
92.7

463.6
95.1

475.9
98.7

486.9
100.0
387.0

3
government 4

351.1
67.4

357.1
68.5

364.5
70.4

375.3
73.1

383.9
74.9

5

283.7

288.7

294.0

302.2

309.0

317.1

324.4

329.6

333.4

336.6

343.0

349.2

359.2

368.4

377.3

Supplements to wages and sala- 6
ries.
Employer contributions for 7
social insurance.
8
Other labor income

33.4

34.1

34.9

35.9

39.5

40.5

41.3

42.3

43.1

43.7

44.8

46.0

48.1

49.7

51.1

52.5

16.3

16.5

16.8

17.2

20.4

20.8

21.3

21.7

22.1

22.5

23.0

23.5

24.5

24.8

25.3

25.7

17.0

17.6

18.1

18.7

19.2

19.7

20.1

20.7

21.0

21.2

21.8

22.5

23.6

24.8

25.8

26.7

Proprietors' income with inventory 9
valuation and capital consumption adjustments.

54.7

57.0

57.6

58.5

61.7

60.4

60.2

59.7

59.9

60.8

62.1

62.0

62.3

63.2

64.8

65.6

10
11

12.0
12.7

13.4
14.2

13.6
14.4

13.4
14.2

15.8
16.5

14.2
15.0

13.8
14.6

12.7
13.6

12.1
13.0

12.5
13.4

12.9
13.8

13.0
13.9

12.3
13.3

12.1
13.0

12.9
13.9

13.5
14.5

12

-.7

-.7

-.7

-.8

-.8

-.8

-.8

-.8

-.8

-.9

-.9

-.9

-1.0

-1.0

-1.0

-1.0

13
Nonfarm
14
Proprietors' income
Inventory valuation adjustment 15
Capital consumption adjust- 16
ment.

42.8
41.5
-.1
1.4

43.5
42.3
-.1
1.4

44.0
42.8
-.2
1.3

45.1
44.1
-.3
1.3

46.0
44.9
-.2
1.3

46.2
45.2
-.3
1.2

46.5
45.6
-.4
1.3

47.0
45.7
.0
1.3

47.8
46.5
.0
1.3

48.3
47.1
-.2
1.3

49.2
48.2
-.3
1.3

49.0
48.1
-.4
1.3

50.0
49.2
-.4
1.2

51.2
50.4
-.4
1.1

51.9
51.3
-.4
1.0

52.1
51.6
-.5
1.0

17

17.5

18.0

18.1

18.3

18.6

18.5

18.9

18.9

19.3

19.8

19.9

19.8

19.5

19.6

19.6

19.5

18
Rental income of persons
Capital consumption a d j u s t m e n t - 19

20.8
-3.3

21.1
-3.1

21.4
-3.3

21.6
-3.4

21.9
-3.3

22.2
-3.6

22.4
-3.6

22.7
-3.8

23.2
-3.9

23.6
-3.8

23.8
-4.0

23.8
-4.0

23.7
-4.2

23.9
-4.4

24.1
-4.5

24.3
-4.9

Corporate profits with inventory 20
valuation and capital consumption adjustments.

76.9

79.2

80.1

83.6

86.6

85.2

83.6

85.0

81.6

80.7

81.8

85.4

85.9

89.7

90.0

90.9

Corporate profits with inventory 21
valuation adjustment.

73.3

75.1

75.8

79.6

82.4

81.3

79.4

80.6

77.5

76.5

77.3

81.2

81.6

85.3

85.8

86.8

Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits

22
23
24
25
26

73.6
29.4
44.2
18.2
25.9

76.2
30.3
45.9
18.9
27.0

77.3
30.9
46.4
19.4
27.0

81.8
32.9
48.9
20.0
28.9

83.9
34.1
49.8
20.1
29.7

83.9
34.1
49.8
19.6
30.2

83.0
33.6
49.4
19.3
30.1

81.3
32.9
48.5
18.8
29.7

78.1
32.1
46.1
19.7
26.3

77.9
31.7
46.1
20.3
25.8

79.3
32.1
47.2
20.7
26.5

83.4
34.0
49.4
19.8
29.5

86.2
38.1
48.1
21.2
26.9

88.3
39.0
49.3
21.9
27.4

88.6
39.2
49.5
22.4
27.0

91.0
40.3
50.7
22.6
28.1

Inventory valuation adjustment

27

-.3

-1.0

-1.5

-2.2

-1.5

-2.6

-3.6

-.8

-.6

-1.4

-2.0

-2.3

-4.6

-3.0

-2.9

-4.2

Capital consumption adjustment.... 28

3.6

4.1

4.3

4.0

4.1

4.0

4.1

4.5

4.1

4.2

4.5

4.2

4.3

4.4

4.2

4.1

29

20.2

20.9

21.5

21.7

23.0

24.0

24.9

25.9

26.4

27.2

27.9

28.8

29.3

29.9

30.1

30.7

Corporate profits after tax with 30
inventory valuation and capital
consumption adjustments.
Dividends
31
Undistributed profits with in- 32
ventory valuation and capital
consumption adjustments.

47.5

48.9

49.2

50.7

52.5

51.2

50.0

52.1

49.6

49.0

49.7

51.3

47.8

50.7

50.8

50.6

18.2
29.3

18.9
30.0

19.4
29.8

20.0
30.7

20.1
32.4

19.6
31.5

19.3
30.7

18.8
33.4

19.7
29.8

20.3
28.6

20.7
29.0

19.8
31.5

21.2
26.6

21.9
28.9

22.4
28.4

22.6
27.9

Farm
Proprietors' income with inventory valuation adjustment.
Capital consumption adjustment.

Rental income of persons with
capital consumption adjustment.

Net interest
Addenda:




Table 1.11.—National Income by Type of Income: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-76—
Continued
[Billions of dollars]
1970

1969
Line

II

I

III

IV

I

1972

1971

II

III

IV

I

II

III

IV

I

II

III

IV

National income

1

761.5

773.9

788.5

793.4

798.1

808.8

818.6

817.3

849.4

863.9

876.9

895.9

930.7

946.1

971.2

1,006.7

Compensation of employees

2

551.7

565.6

581.8

592.3

602.5

608.7

617.4

619.3

635.4

647.3

657.3

668.7

693.7

709.0

722.9

746.3

3
government 4

496.8
101.2

509.4
103.0

523.7
108.1

532.8
109.8

541.3
114.3

546.1
116.4

553.2
118.2

554.2
119.6

567.3
123.8

577.6
125.5

585.8
127.9

595.5
129.5

614.7
134.1

627.3
135.6

638.9
138.4

660.0
143.3

5

395.6

406.3

415.6

423.0

427.0

429.7

435.0

434.6

443.5

452.1

457.9

465.9

480.6

491.6

500.5

516.7

Supplements to wages and sala- 6
ries.
Employer contributions for 7
social insurance.
8
Other labor income

54.9

56.2

58.1

59.6

61.2

62.6

64.1

65.1

68.2

69.7

71.5

73.2

79.0

81.7

84.1

86.4

27.6

28.3

29.3

29.8

30.3

30.7

31.0

30.9

33.3

33.7

34.2

34.6

38.7

39.3

40.0

41.0

27.3

27.9

28.8

29.8

30.9

31.9

33.1

34.2

34.8

36.0

37.3

38.7

40.3

42.4

44.0

45.4

67.2

67.3

67.1

66.6

66.9

66.4

65.7

65.9

68.7

68.7

68.2

71.9

74.5

76.5

76.6

79.9

14.5
15.5

14.3
15.4

14.4
15.6

15.1
16.3

15.3
16.6

14.7
16.0

13.7
15.0

13.7
15.0

15.9
17.3

14.5
15.9

13.4
14.7

16.2
17.7

17.8
19.3

18.9
20.5

17.8
19.5

20.4
22.1

-1.1

-1.1

-1.2

-1.2

-1.3

-1.3

-1.3

-1.3

-1.3

-1.3

-1.3

-1.4

-1.5

-1.6

-1.7

-1.7

13
14
15
16

52.7
52.4
-.7
1.1

53.0
52.3
-.4
1.1

52.7
51.9
-.2
1.1

51.5
51.1
-.6
1.0

51.6
51.1
-.5
1.0

51.8
51.2
-.3
.9

52.0
51.9
-.6
.7

52.2
52.4
-.7
.5

52.7
52.9
-.5
.4

54.2
54.5
-.7
.3

54.9
55.0
-.5
.4

55.7
55.7
-.5
.4

56.7
56.6
-.6
.6

57.6
57.4
-.6
.7

58.8
58.7
-.8
.8

59.5
59.7
-1.0
.8

17

19.7

19.9

19.5

19.2

19.5

19.8

19.8

19.7

19.6

20.1

20.5

20.7

21.2

17.6

22.7

22.4

18
Rental income of persons
Capital consumption a d j u s t m e n t - 19

24.9
-5.2

25.3
-5.4

25.3
-5.8

25.2
-6.0

25.4
-5.9

25.9
-6.1

25.9
-6.0

25.9
-6.2

26.0
-6.4

26.8
-6.8

27.5
-7.0

28.0
-7.3

28.6
-7.3

26.2
-8.6

30.5
-7.7

30.8
-8.4

20

90.3

86.9

84.4

78.6

71.1

73.2

72.9

68.3

80.4

81.6

83.8

87.0

93.2

93.3

96.7

103.1

Corporate profits with inventory 21
valuation adjustment.

85.7

82.3

80.2

75.0

67.7

70.4

70.8

66.6

79.2

80.3

82.4

86.0

91.1

91.0

93.8

99.8

22
23
24
25
26

90.9
41.3
49.6
22.3
27.3

88.0
40.0
48.0
22.4
25.5

84.9
38.7
46.2
22.5
23.7

82.9
37.9
45.0
22.8
22.2

75.9
34.1
41.8
22.7
19.2

75.6
34.0
41.6
22.5
19.1

77.2
35.1
42.1
22.3
19.7

73.0
33.4
39.6
22.3
17.3

82.8
37.1
45.7
23.0
22.7

85.3
38.0
47.3
22.9
24.4

88.2
37.4
50.8
23.0
27.8

89.9
37.6
52.3
22.7
29.6

96.2
40.0
56.2
23.9
32.3

96.7
40.1
56.6
24.1
32.5

100.2
41.2
59.0
24.7
34.4

109.2
45.3
63.9
25.1
38.8

Inventory valuation adjustment. 27

-5.2

-5.7

-4.7

-7.9

-8.2

-5.2

-6.4

-6.4

-3.6

-5.1

-5.8

-3.9

-5.1

-5.6

-6.3

-9.4

Capital consumption adjustment.... 28

4.6

4.6

4.2

3.6

3.3

2.9

2.2

1.7

1.2

1.3

1.4

1.0

2.1

2.3

2.9

3.3

29

32.7

34.2

35.7

36.6

38.3

40.6

42.7

44.2

45.3

46.2

47.0

47.5

48.1

49.7

52.2

54.9

Corporate profits after tax with 30
inventory valuation and capital
consumption adjustments.
31
Dividends
Undistributed profits with in- 32
ventory valuation and capital
consumption adjustments.

49.1

46.9

45.7

40.7

37.0

39.2

37.8

34.9

43.4

43.6

46.4

49.4

53.2

53.3

55.6

57.9

22.3
26.7

22.4
24.4

22.5
23.2

22.8
17.9

22.7
14.4

22.5
16.7

22.3
15.4

22.3
12.6

23.0
20.4

22.9
20.7

23.0
23.4

22.7
26.7

23.9
29.4

24.1
29.2

24.7
30.9

25.1

Wages and salaries
Government and
enterprises.
Other

Proprietors' income with inventory 9
valuation and capital consumption adjustments.
10
Farm
Proprietors' income with inven- 11
tory valuation adjustment.
Capital consumption adjust- 12
ment.
Nonfarm
Proprietors' income
Inventory valuation adjustment.
Capital consumption adjustment.
Rental income of persons with
capital consumption adjustment.

Corporate profits with inventory
valuation and capital consumption adjustments.

Profits before tax
Profits tax liability
Profits after tax
Dividends....
Undistributed profits

Net interest
Addenda:




32.7

Table 1.11.—National Income by Type of Income: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-76—
Continued
[Billions of dollars]
1974

1973
Line

1976

1975

I
National income

III

IV

I

II

III

IV

I

II

III

IV

I

II

III

IV

1

1,052.3

1,071.4

1,094.9

1,126.1

1,133.1

1,155.1

1,170.7

1,184.0

1,180.4

1,210.9

1,264.2

1,302.0

1,346.0

1,363.9

1,388.6

1,418.4

2

773.3

791.3

809.3

831.3

848.1

868.8

889.9

903.1

903.8

914.4

939.2

968.0

1,001.4

1,023.9

1,046.9

1,073.2

3
government 4

678.2
145.0

694.1
147.1

709.6
149.5

728.4
153.3

740.9
155.6

758.4
158.1

775.6
161.2

786.0
166.8

784.3
170.3

792.2
174.3

812.4
177.6

836.6
182.0

861.8
184.6

879.8
187.1

898.3
189.3

919.8
193.9

Compensation of employees
Wages and salaries
Government and
enterprises.
Other

II

5

533.2

547.0

560.1

575.1

585.3

600.3

614.5

619.2

614.0

617.9

634.8

654.6

677.2

692.7

709.1

726.0

Supplements to wages and sala- 6
ries.
Employer contributions for 7
social insurance.
Other labor income
8

95.1

97.1

99.6

102.8

107.3

110.4

114.3

117.1

119.5

122.2

126.8

131.4

139.6

144.1

148.5

153.3

48.2

49.1

50.2

51.8

54.6

55.8

57.4

57.9

58.5

59.3

61.1

62.9

68.1

69.7

71.2

73.1

46.9

48.1

49.4

51.0

52.7

54.6

56.9

59.2

60.9

63.0

65.7

68.5

71.5

744

77.3

80.3

Proprietors' income with inventory 9
valuation and capital consumption adjustments.

88.1

92.1

95.8

99.1

92.9

88.5

87.4

86.1

82.7

87.8

94.7

94.9

93.9

94.6

92.5

95.3

27.0
28.7

31.3
33.2

34.8
36.6

38.2
40.1

32.2
34.2

26.5
28.9

24.2
26.8

23.1
26.1

20.1
23.3

24.0
27.4

28.1
31.5

26.3
29.8

22.0
25.6

20.5
24.1

17.2
20.9

16.7
20.5

-1.7

-1.9

-1.8

-1.9

-2.1

-2.3

-2.7

-3.1

-3.3

-3.4

-3.4

-3.5

-3.6

-3.6

-3.7

-3.8

13
14
15
16

61.2
62.2
-1.8
.8

60.8
62.6
-2.4
.6

61.0
62.3
-1.8
.6

61.0
62.3
-1.8
.6

60.7
63.0
-2.9
.6

62.0
64.9
-3.3
.4

63.2
68.3
-5.1
.0

63.1
66.8
-3.3
-.4

62.7
64.7
-1.4
-.6

63.8
65.6
-1.1
-.7

66.6
68.7
-1.4
-.8

68.6
70.5
-1.0
-.9

71.9
73.7
-.9
-.9

74.1
76.3
-1.3
-.9

75.3
77.3
-1.1
-.9

78.7
'80.9
-1.4
-.8

17

22.3

21.6

22.9

23.5

23.4

23.2

23.7

23.8

23.3

23.1

22.8

22.9

23.1

22.7

23.6

24.6

Rental income of persons
18
Capital consumption adjustment- 19

31.0
-8.6

31.1
-9.5

32.6
-9.6

33.6
-10.1

34.1
-10.7

34.8
-11.6

35.8
-12.1

36.5
-12.7

36.6
-13.4

36.7
-13.7

36.7
-13.9

37.4
-14.4

37.7
-14.6

38.2
-15.5

39.4
-15.8

41.2
-16.6

Corporate profits with inventory 20
valuation and capital consumption adjustments.

111.3

107.1

106.0

108.9

100.6

98.4

90.8

89.6

88.3

100.9

121.9

130.9

142.4

136.8

137.5

135.7

Corporate profits with inventory 21
valuation adjustment.

108.0

104.4

104.0

106.2

98.7

98.4

93.3

96.4

96.9

110.5

132.4

142.6

l|5.2

150.6

151.8

148.9

22
23
24
25
26

123.0
49.2
73.8
26.0
47.9

126.8
50.0
76.8
26.6
50.2

124.4
47.8
76.6
27.1
49.5

128.1
49.2
79.0
28.2
50.8

130.8
48.4
82.4
29.0
53.4

136.2
51.2
85.0
29.9
55.1

146.7
55.8
90.9
30.4
60.5

133.0
50.8
82.2
30.3
51.9

111.7
42.3
69.4
30.3
39.0

118.5
45.3
73.2
30.3
42.9

144.6
56.3
88.3
30.9
57.4

153.8
58.6
95.2
31.5
63.7

165.6
64.9
100.7
34.3
66.5

166.2
63.8
102.3
37.0
65.3

167.3
63.9
103.5
38.5
€5.0

166.2
62.8
103.4
39.7
63.7

Inventory valuation adjustment. 27

-15.0

-22.5

-20.4

-22.0

-32.0

-37.8

-53.4

-36.5

-14.9

-8.0

-12.2

-11.2

-10.4

-15.5

-15.6

-17.3

Capital consumption a d j u s t m e n t - 28

3.3

2.8

1.9

2.7

1.9

.0

-2.5

-6.8

-8.6

-9.6

-10.4

-11.7

-12.9

-13.8

-14.3

-13.2

29

57.2

59.2

61.0

63.3

68.0

76.1

78.9

81.3

82.4

84.7

85.5

85.2

85.3

85.8

88.2

89.6

Corporate profits after tax with 30
inventory valuation and capital
consumption adjustments.
31
Dividends
Undistributed profits with in- 32
ventory valuation and capital
consumption adjustments.

62.1

57.1

58.2

59.7

52.2

47.2

35.0

38.8

45.9

55.6

65.7

72.3

77.5

72.9

73.7

72.9

26.0
36.1

26.6
30.5

27.1
31.0

28.2
31.5

29.0
23.2

29.9
17.3

30.4
4.5

30.3
8.6

30.3
15.6

30.3
25.3

30.9
34.8

31.5
40.8

34.3
43.2

37.0
35.9

38.5
35.2

39.7
33.2

Farm
10
Proprietors' income with inven- 11
tory valuation adjustment.
Capital consumption adjust- 12
ment.
Nonfarm
Proprietors' income
Inventory valuation adjustment.
Capital consumption adjustment.
Rental income of persons with
capital consumption adjustment.

Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits

Net interest
Addenda:




Table 1.12.—National Income by Sector, Legal Form of Organization, and Type of Income: Annually, 1929-76
[Millions of dollars]
Line
National income

1929

1930

1931

1932

1933

1934

1935

1936

1937

1938

1939

1940

. 1

84,795

73,783

58,658

42,428

39,899

48,622

56,440

64,244

72,415

66,006

71,384

. 2

76,797

65,850

51,185

35,729

33,213

40,948

48,256

54,646

62,821

55,801

61,070

69,114

44,469
34,250
33,818
432
8,817

38,011
30,816
30,399
417
5,658

28,172
25,376
24,996
380
1,225

18,690
19,019
18,690
329
-1,786

17,464
18,008
17,706
302
-1,746

23,319
21,051
20,714
337
814

26,913
23,063
22,697
366
2,364

32,188
26,282
25,645
637
4,640

37,148
30,557
29,256
1,301
5,372

31,872
27,275
25,848
1,427
3,432

35,942
29,825
28,288
1,537
5,014

42,101
32,866
31,218
1,648
8,374

9,758
472
-1,413
1,402

3,560
3,260
-1,162
1,537

-368
2,414
-821
1,571

-2,275
1,047
-558
1,457

958
-2,143
-561
1,202

2,286
-625
-847
1,454

3,439
-227
-848
1,486

6,236
-738
-858
1,266

6,663
-31
-1,260
1,219

3,722
963
-1,253
1,165

6,857
-714
-1,129
1,103

9,779
-200
-1,205
861

. 12
Sole proprietorships and partnerships
. 13
Compensation of employees
. 14
Wages and salaries
. 15
Supplements to wages and salaries
Proprietors' incojme with inventory valuation and capital 16
consumption adjustments.
Farm
. 17
Proprietors' income with inventory valuation adjust- 18
ment.
Capital consumption adjustment
19
20
Nonfarm
21
Proprietors' income
22
Inventory valuation adjustment
23
Capital consumption adjustment
24
Net interest

24,239
8,608
8,545
63
14,999

20,379
7,795
7,730
65
11,825

16,367
G,435
6,375
60
9,155

11,225
4,830
4,779
51
5,681

10,827
4,358
4,314
44
5,841

13,093
4,972
4,926
46
7,568

16,685
5,453
5,405
48
10,716

17,681
6,237
6,145
92
10,970

20,688
7,062
6,847
215
13,162

18,537
6,778
6,525
253
11,273

19,481
7,203
6,936
267
11,776

21,216
7,755
7,475
280
12,961

6,144
6,320

4,343
4,500

3,430
3,523

2,086
2,115

2,522
2,553

2,894
2,948

5,255
5,288

4,313
4,361

6,020
6,111

4,394
4,501

4,388
4,479

4,410
4,517

-176
8,855
8,770
142
-57
632

-157
7,482
6,785
755
-58
759

-93
5,725
5,118
611
-4
777

-29
3,595
3,250
295
50
714

-31
3,319
3,842
-525
2
628

-54
4,674
4,763
-54
-35
553

-33
5,461
5,516
-50
-5
516

-48
6,657
6,749
-120
28
474

-91
7,142
7,189
-29
-18
464

-107
6,879
6,674
221
-16
486

-91
7,388
7,571
-166
-17
502

-107
8,551
8,589
-45
7
500

25
26
27
28
29

7,331
283
282
1
44

6,689
265
264
1
40

5,878
235
234
1
24

5,109
193
192
1
15

4,291
177
176
1
16

3,843
205
204
1
15

3,880
222
221
1
23

3,935
242
239
3
34

4,115
270
262
8
41

4,494
266
255
11
30

4,723
279
268
11
30

4,813
306
294
12
36

Domestic business

. 3
Corporate business
Compensation of employees
. 4
Wages and salaries
. 5
. 6
Supplements to wages and salaries
Corporate profits with inventory valuation and capital 7
consumption adjustments.
. 8
Profits before tax
Inventory valuation adjustment
. 9
Capital consumption adjustment
. 10
. 11
Net interest

79,705

Other private business
Compensation of employees
Wages and salaries
Supplements to wages and salaries
Proprietors' income with inventory valuation and capital
consumption adjustments.
Proprietors' income with inventory valuation adjustment.
Capital consumption adjustment
Rental income of persons with capital consumption adjustment.
Rental income of persons
Capital consumption adjustment
Net interest

30

46

41

24

13

14

14

22

34

42

31

30

37

31
32

-2
4,910

-1
4,367

0
3,564

2
2,880

2
2,184

1
1,746

1
1,754

0
1,793

-1
1,935

-1
2,375

0
2,574

-1
2,662

33
34
35

5,661
-751
2,094

5,041
-674
2,017

4,033
-469
2,055

3,009
-129
2,021

2,281
-97
1,914

2,012
-266
1,877

1,998
-244
1,881

2,116
-323
1,866

2,437
-502
1,869

2,942
-567
1,823

3,139
-565
1,840

3,296
-634
1,809

Government enterprises
Compensation of employees
Wages and salaries
Supplements to wages and salaries

36
37
38
39

758
758
745
13

771
771
757
14

768
768
754
14

705
705
691
14

631
631
617
14

693
693
679
14

778
778
760
18

842
842
818
24

870
870
838
32

898
898
860
38

924
924
884
40

984
984
943
41

Households and institutions
Compensation of employees
Wages and salaries
Supplements to wages and salaries

40
41
42
43

2,863
2,863
2,853
10

2,652
2,652
2,641
11

2,278
2,278
2,267
11

1,871
1,871
1,860
11

1,677
1,677
1,667
10

1,802
1,802
1,792
10

1,882
1,882
1,871
11

2,044
2,044
2,029
15

2,272
2,272
2,249
23

2,152
2,152
2,126
26

2,276
2,276
2,250
26

2,435
2,435
2,406
29

Government
Compensation of employees
Wages and salaries
Supplements to wages and salaries

44
45
46
47

4,325
4,325
4,216
109

4,535
4,535
4,422
113

4,648
4,648
4,530
118

4,435
4,435
4,301
134

4,686
4,686
4,546
140

5,569
5,569
5,418
151

5,935
5,935
5,767
168

7,254
7,254
7,077
177

6,889
6,889
6,686
203

7,613
7,613
7,398
215

7,585
7,585
7,357
228

7,761
7,761
7,521
240

Rest of the world
Compensation of employees
Corporate profits
Net interest

48
49
50
51

810
1
232
577

746

547

1
137
608

393
1
-34
426

323
1
-2
324

303

367

300

1
-4
550

1
60
242

1
159
207

433

1
104
195

440
1
301
138

453

395

1
272
160

2
324
127

3
266
126




Table 1.12.—National Income by Sector, Legal Form of Organization, and Type of Income: Annually, 1929-76—Continued
[Millions of dollars]
1950

1951

1952

213,625

237,569

274,131

287,898

186,823

208,635

237,724

247,259

119,046
91,227
86,770
4,457
28,161

114,593
88,962
84,287
4,675
26,020

130,963
98,768
92,799
5,969
32,679

151,049
114,725
107,328
7,397
36,921

156,847
123,226
115,291
7,935
34,201

30,765
-5,899
-3,573
-32

34,334
-2,152
-4,021
-342

28,081
1,856
-3,917
-389

41,616
-4,965
-3,972
-484

42,721
-1,199
-4,601
-597

37,757
981
-4,537
-580

57,195
20,398
19,818
580
36,512

58,483
22,414
21,761
653
35,721

65,063
23,978
23,349
629
40,656

60,168
23,521
22,887
634
36,164

64,043
25,009
24,235
774
38,489

71,529
27,899
26,988
911
42,965

73,269
29,504
28,542
962
43,069

12,378
12,652

14,866
15,189

15,135
15,653

17,555
18,196

12,824
13,486

13,694
14,352

16,072
16,871

15,119
15,959

-251
18,276
18,138
-69
207
310

-274
19,298
19,183
-106
221
276

-323
21,646
23,116
-1,705
235
285

-518
20,586
21,564
-1,471
493
348

-641
23,101
22,895
-410
616
429

-662
23,340
21,931
463
946
483

-658
24,795
24,835
-1,094
1,054
545

-799
26,893
26,161
-327
1,059
665

-840
27,950
26,608
201
1,141
696

6,749
486
471
15
144

6,787
530
512
18
136

6,818
544
527
17
117

7,905
629
610
19
172

7,969
698
676
22
177

8,828
803
785
18
208

9,498
849
815
34
212

10,934
978
938
40
214

12,147
1,067
1,031
36
264

13,654
1,100
1,063
37
287

96

149

141

122

180

189

223

226

227

281

304

-4
3,986

-5
4,403

-5
4,539

-5
4,604

-8
5,467

-12
5,252

-15
5,701

-14
6,116

-13
7,071

-17
7,710

-17
8,803

4,985
-999
1,841

5,576
-1,173
1,716

5,922
-1,383
1,582

6,167
-1,563
1,553

7,280
-1,813
1,637

7,729
-2,477
1,842

8,508
-2,807
2,116

8,939
-2,823
2,321

9,960
-2,889
2,671

10,969
-3,259
3,106

12,188
-3,385
3,464

1,085
1,085
1,040
45

1,214
1,214
1,167
47

1,475
1,475
1,427
48

1,528
1,528
1,477
51

1,608
1,608
1,550
58

1,896
1,896
1,834
62

1,965
1,965
1,903
62

2,316
2,316
2,245
71

2,564
2,564
2,483
81

2,695
2,695
2,599
96

2,999
2,999
2,899
100

3,489
3,489
3,387
102

40
41
42
43

2,533
2,533
2,503
30

2,918
2,918
2,889
29

3,240
3,240
3,208
32

3,719
3,719
3,684
35

4,117
4,117
4,077
40

4,492
4,492
4,444
48

5,140
5,140
5,087
53

5,599
5,599
5,540
59

5,923
5,923
5,859
64

6,437
6,437
6,358
79

6,899
6,899
6,767
132

7,216
7,216
7,075
141

Government
Compensation of employees
Wages and salaries
Supplements to wages and salaries

44
45
46
47

9,405
9,405
9,150
255

15,115
15,115
14,809
306

25,560
25,560
25,190
370

32,187
32,187
31,491
696

35,151
35,151
33,352
1,799

20,793
20,793
18,866
1,927

16,715
16,715
15,610
1,105

17,431
17,431
16,762
669

19,441
19,441
18,330
1,111

20,879
20,879
20,019
860

27,397
27,397
26,314
1,083

31,161
31,161
29,974
1,187

Rest of the world
Compensation of employees
Corporate profits
Net interest

48
49
50
51

529
6
391
132

526
10
378
138

481
-16
372
125

503
-51
423
131

425
-64
342
147

801
-40
691
150

1,239
69
986
184

1,588
86
1,261
241

1,438
58
1,125
255

1,618
78
1,269
271

2,111
14
1,744
353

2,262
2
1,888
372

1944

1945

1946

1947

1948

1949

169,313

182,097

180,738

178,570

194,945

219,871

140,032

145,688

141,045

152,484

171,851

195,253

72,489
52,862
50,520
2,342
18,930

87,837
64,158
61,311
2,847
23,156

90,637
67,098
63,907
3,191
23,210

83,028
64,097
60,916
3,181
18,699

85,488
69,884
66,473
3,411
15,890

103,434
82,173
77,991
4,182
21,293

17,487
-2,471
-1,281
775

21,310
-1,204
-1,176
697

24,892
-773
-963
523

23,814
-287
-317
329

19,494
-564
-231
232

24,151
-5,263
-2,998
-286

12
Sole proprietorships and partnerships
13
Compensation of employees
14
Wages and salaries
15
Supplements to wages and salaries
Proprietors' income with inventory valuation and capital 16
consumption adjustments.
17
Farm
Proprietors' income with inventory valuation adjust- 18

27,713
9,779
9,430
349
17,426

37,312
12,722
12,301
421
24,128

43,971
14,640
14,195
445
28,972

46,736
16,200
15,729
471
30,226

49,591
17,639
17,135
504
31,676

6,380
6,533

10,093
10,323

11,981
12,213

11,950
12,201

19
20
21
22
23
24

-153
11,046
11,622
-615
39
508

-230
14,035
14,320
-367
82
462

-232
16,991
16,978
-156
169
359

25
Other private business
26
Compensation of employees
Wages and salaries
27
28
Supplements to wages and salaries
Proprietors' income with inventory valuation and capital 29
consumption adjustments.
Proprietors' income with inventory valuation adjust- 30

5,333
357
344
13
58

6,335
416
402
14
92

60

31
Capital consumption adjustment
Rental income of persons with capital consumption ad- 32
justment.
33
Rental income of persons
34
Capital consumption adjustment
Net interest
35

-2
3,064
3,883
-819
1,854

36
37
38
39

Households and institutions
Compensation of employees
Wages and salaries
Supplements to wages and salaries

Line
National income
Domestic business

1941

1942

1943

1

102,717

135,909

90,250

117,350

56,119
41,609
39,612
1,997
13,735

2

3
Corporate business
4
Compensation of employees
5
Wages and salaries
6
Supplements to wages and salaries
7
Corporate profits with inventory valuation and capital
consumption adjustments.
8
Profits before tax
9
Inventory valuation adjustment
10
Capital consumption adjustment
11
Net interest

Capital consumption adjustment
Nonfarm
Proprietors' income
Inventory valuation adjustment
Capital consumption adjustment
Net interest

Government enterprises
Compensation of employees
Wages and salaries
Supplements to wages and salaries




Table 1.12.—National Income by Sector, Legal Form of Organization, and Type of Income: Annually, 1929-76—Continued
[Millions of dollars]
Line
National income

1953

1954

1955

1956

1957

1958

1959

1960

1961

1962

1963

1964

1

302,122

301,087

330,452

349,405

365,175

366,876

400,782

415,694

428,779

461,998

488,485

524,941

2

260,220

258,187

284,436

299,831

312,029

310,280

341,170

351,146

359,944

387,605

408,961

438,843

3
4
5
6
7

168,162
134,208
125,568
8,640
34,519

165,207
132,397
123,331
9,066
33,194

187,451
144,864
134,557
10,307
43,132

198,625
158,390
146,669
11,721
40,923

206,442
166,739
153,686
13,053
40,161

200,178
164,147
150,988
13,159
35,961

227,215
180,657
165,444
15,213
46,946

235,228
190,842
174,032
16,810
44,643

241,090
195,592
178,180
17,412
45,426

264,123
210,956
191,208
19,748
52,980

281,313
222,580
201,220
21,360
58,243

304,410
239,053
215,982
23,071
.64,927

8
9
10
11

39,401
-997
-3,885
-565

36,718
-318
-3,206
-384

46,855
-1,736
-1,987
-545

46,810
-2,693
-3,194
-688

45,054
-1,539
-3,354
-458

39,370
-255
-3,154
70

49,887
-277
-2,664
-388

46,841
-173
-2,025
-257

46,571
271
-1,416
72

51,427
26
1,527
187

55,725
54
2,464
490

62,276
-494
3,145
430

12
13
14
15
16

73,103
30,943
29,929
1,014
41,461

72,366
30,703
29,595
1,108
40,924

75,095
31,715
30,525
1,190
42,562

77,935
33,409
32,123
1,286
43,607

80,487
34,532
33,099
1,433
44,943

82,943
34,465
33,008
1,457
47,327

84,540
36,113
34,265
1,848
47,253

84,209
36,163
34,155
2,008
46,825

85,158
35,621
33,543
2,078
48,178

87,277
36,235
33,973
2,262
49,446

88,919
36,993
34,542
2,451
50,065

93,227
38,911
36,405
2,506
51,989

17
18

13,124
13,946

12,499
13,277

11,451
12,214

11,245
12,122

11,130
12,060

13,188
14,108

10,907
11,886

11,712
12,568

12,126
12,935

12,255
13,027

12,043
12,776

10,800
11,516

19
20
21
22
23
24

-822
28,337
27,297
-168
1,208
699

-778
28,425
27,262
-49
1,212
739

-763
31,111
30,130
-198
1,179
818

-877
32,362
31,473
-502
1,391
919

-930
33,813
32,695
-300
1,418
1,012

-920
34,139
32,806
-56
1,389
1,151

-979
36,346
34,930
-32
1,448
1,174

-856
35,113
33,763
25
1,325
1,221

-809
36,052
34,878
3
1,171
1,359

-772
37,191
35,930
-4
1,265
1,596

-733
38,022
36,690
-44
1,376
1,861

-716
41,189
39,744
-56
1,501
2,327

25
Other private business
Compensation of employees
26
27
Wages and salaries
28
Supplements to wages and salaries
Proprietors' income with inventory valuation and capital 29
consumption adjustments.
Proprietors' income with inventory valuation adjust- 30

15,410
1,170
1,131
39
304

17,017
1,206
1,161
45
311

18,028
1,274
1,227
47
318

19,217
1,342
1,290
52
332

20,818
1,367
1,311
56
343

22,418
1,400
1,340
60
383

24,322
1,456
1,383
73
360

26,148
1,529
1,462
67
378

27,868
1,723
1,634
89
412

29,962
1,905
1,804
101
445

32,003
2,056
1,942
114
464

33,955
2,136
2,020
116
472

Domestic business
Corporate business
Compensation of employees
Wages and salaries
Supplements to wages and salaries
Corporate profits with inventory valuation and capital
consumption adjustments.
Profits before tax
Inventory valuation adjustment
Capital consumption adjustment
Net interest
Sole proprietorships and partnerships
Compensation of employees
Wages and salaries
Supplements to wages and salaries
Proprietors' income with inventory valuation and capital
consumption adjustments.
Farm
Proprietors' income with inventory valuation adjustCapital consumption adjustment
Nonfarm
Proprietors' income
Inventory valuation adjustment
Capital consumption adjustment
Net interest

321

327

334

351

364

402

378

395

429

462

482

490

31
32

-17
10,026

-16
11,029

-16
11,270

-19
11,634

-21
12,247

-19
12,867

-18
13,637

-17
14,486

-17
15,027

-17
15,759

-18
16,536

-18
17,063

33
34
35

13,384
-3,358
3,910

14,360
-3,331
4,471

14,750
-3,480
5,166

15,232
-3,598
5,909

15,858
-3,611
6,861

16,677
-3,810
7,768

17,412
-3,775
8,869

17,969
-3,483
9,755

18,433
-3,406
10,706

19,123
-3,364
11,853

19,734
-3,198
12,947

20,235
-3,172
14,284

36
37
38
39

3,545
3,545
3,458
87

3,597
3,597
3,534
63

3,862
3,862
3,748
114

4,054
4,054
3,878
176

4,282
4,282
4,047
235

4,741
4,741
4,447
294

5,093
5,093
4,742
351

5,561
5,561
5,144
417

5,828
5,828
5,379
449

6,243
6,243
5,757
486

6,726
6,726
6,187
539

7,251
7,251
6,661
590

Households and institutions
Compensation of employees
Wages and salaries
Supplements to wages and salaries

40
41
42
43

7,769
7,769
7,606
163

8,073
8,073
7,881
192

9,068
9,068
8,856
212

9,804
9,804
9,571
233

10,514
10,514
10,248
266

11,441
11,441
11,140
301

12,345
12,345
11,897
448

13,833
13,833
13,275
558

14,406
14,406
13,800
606

15,532
15,532
14,830
702

16,554
16,554
15,745
809

17,769
17,769
16,886
883

Government
Compensation of employees
Wages and salaries
Supplements to wages and salaries

44
45
46
47

31,942
31,942
30,861
1,081

32,478
32,478
31,350
1,128

34,194
34,194
32,826
1,368

36,596
36,596
34,900
1,696

39,125
39,125
36,941
2,184

42,123
42,123
39,648
2,475

43,995
43,995
41,284
2,711

47,146
47,146
44,006
3,140

50,528
50,528
47,056
3,472

54,307
54,307
50,551
3,756

58,021
58,021
53,797
4,224

62,876
62,876
58,218
4,658

Rest of the world
Compensation of employees
Corporate profits
Net interest

48
49
50
51

2,191
-7
1,798
400

2,349
-57
1,962
444

2,754
-70
2,354
470

3,174
-82
2,821
435

3,507
-78
3,092
493

3,032
-72
2,523
581

3,272
-80
2,665
687

3,569
-142
3,001
710

3,901
-130
3,159
872

4,554
-80
3,604
1,030

4,949
-48
3,893
1,104

5,453
-39
4,245
1,247

Capital consumption adjustment
Rental income of persons with capital consumption adjustment.
Rental income of persons
Capital consumption adjustment
Net interest
Government enterprises
Compensation of employees
Wages and salaries
Supplements to wages and salaries




Table 1.12.—National Income by Sector, Legal Form of Organization, and Type of Income: Annually, 1929-76—Continued
[Millions of dollars]
1965

1966

1967

1968

1969

1970

1971

1972

1

572,444

628,072

662,235

722,548

779,338

810,717

871,515

963,649 1,086,172 1,160,743 1,239,362 1,379,233

2

479,776

524,732

547,736

594,575

638,568

655,317

700,982

776,339

878,432

932,959

991,820 1,108,496

336,458
259,726
234,332
25,394
75,505

371,934
288,283
258,352
29,931
80,893

390,658
308,284
276,248
32,036
77,996

429,728
341,187
304,484
36,703
83,907

465,164
378,756
337,052
41,704
78,913

476,491
400,796
354,997
45,799
64,880

512,846
426,266
375,217
51,049
76,112

572,184
473,924
413,433
60,491
87,958

642,934
535,854
463,333
72,521
94,627

687,795
589,451
507,405
82,046
78,601

736,412
617,408
527,465
89,943
97,529

833,777
694,404
588,648
105,756
123,824

72,750
-1,245
4,000
1,227

78,821
-2,107
4,179
2,758

75,291
-1,554
4,259
4,378

83,305
-3,651
4,253
4,634

80,514
-5,870
4,269
7,495

68,931
-6,552
2,501
10,815

79,445
-4,584
1,251
10,468

91,914
-6,610
2,654
10,302

111,912
-19,962
2,677
12,453

120,395
-39,959
-1,835
19,743

119,179
-11,569
-10,081
21,475

152,042
-14,679
-13,539
15,549

12
13
14
15
16

99,167
39,974
37,443
2,531
56,463

105,644
42,371
39,430
2,941
60,030

107,166
42,829
39,829
3,000
60,713

112,023
44,509
41,261
3,248
63,490

117,335
45,926
42,529
3,397
66,573

118,546
46,835
43,263
3,572
65,755

123,244
47,099
43,360
3,739
68,873

133,213
48,574
44,470
4,104
76,264

156,254
52,725
47,889
4,836
93,060

156,960
56,567
51,244
5,323
87,811

160,747
57,858
52,257
5,601
88,955

171,903
63,606
57,105
6,501
92,912

17
18

13,105
13,842

14,118
14,918

12,641
13,514

12,694
13,670

14,561
15,712

14,339
15,649

15,028
16,389

18,719
20,367

32,806
34,626

26,480
29,014

24,620
28,021

19,089
22,780

19
20
21
22
23
24

-737
43,358
42,165
-166
1,359
2,730

-800
45,912
44,835
-224
1,301
3,243

-873
48,072
46,947
-204
1,329
3,624

-976
-1,151
50,796
52,012
50,089 • 51,378
v
-413
-464
1,120
1,098
4,024
4,836

-1,310
51,416
51,125
-533
824
5,956

-1,361
53,845
53,960
-557
442
7,272

-1,648
57,545
57,439
-721
827
8,375

-1,820
60,254
61,501
-1,972
725
10,469

-2,534
61,331
64,736
-3,657
252
12,582

-3,401
64,335
66,154
-1,208
-611
13,934

-3,691
73,823
75,767
-1,194
-750
15,385

25
26
27
28
29

36,369
2,235
2,112
123
473

38,664
2,405
2,254
151
486

40,804
2,550
2,394
156
496

42,613
2,704
2,545
159
488

47,241
3,138
2,944
194
474

50,853
3,363
3,141
222
511

55,666
3,768
3,495
273
592

62,341
4,042
3,729
313
735

69,069
4,313
3,975
338
917

73,296
4,524
4,153
371
1,065

79,723
4,989
4,555
434
1,160

Line
National income
Domestic business

Corporate business
3
Compensation of employees
4
Wages and salaries
5
Supplements to wages and salaries
6
Corporate profits with inventory valuation and capital 7
consumption adjustments.
Profits before tax
8
Inventory valuation adjustment
9
Capital consumption adjustment
10
Net interest
11
Sole proprietorships and partnerships
Compensation of employees
Wages and salaries
Supplements to wages and salaries
Proprietors' income with inventory valuation and capital
consumption adjustments.
Farm
Proprietors' income with inventory valuation adjustCapital consumption adjustment
Nonfarm
Proprietors' income
Inventory valuation adjustment
Capital consumption adjustment
Net interest
Other private business
Compensation of employees
Wages and salaries
Supplements to wages and salaries
Proprietors' income with inventory valuation and capital
consumption adjustments.
Proprietors' income with inventory valuation adjust-

44,798
2,951
2,778
173
470

1973

1974

1975

1976

30

493

509

524

520

512

527

574

663

820

1,039

1,209

1,301

Capital consumption adjustment
31
Rental income of persons with capital consumption ad- 32
justment.
Rental income of persons
33
Capital consumption adjustment
34
Net interest
35

-20
17,965

-23
18,723

-28
19,698

-32
19,548

-42
19,591

-53
19,704

-63
20,236

-71
21,002

-85
22,580

-122
23,539

-144
23,015

-141
23,505

21,239
-3,274
15,696

22,291
-3,568
17,050

23,611
-3,913
18,060

24,025
-4,477
19,873

25,184
-5,593
21,786

25,773
-6,069
23,925

27,089
-6,853
26,743

29,001
-7,999
30,304

32,052
-9,472
34,984

35,310
-11,771
40,300

36,845
-13,830
44,692

39,150
-15,645
50,069

36
37
38
39

7,782
7,782
7,171
611

8,490
8,490
7,800
690

9,108
9,108
8,344
764

10,211
10,211
9,410
801

11,271
11,271
10,308
963

13,039
13,039
11,845
1,194

14,039
14,039
12,644
1,395

15,276
15,276
13,670
1,606

16,903
16,903
15,037
1,866

19,135
19,135
16,869
2,266

21,365
21,365
18,590
2,775

23,093
23,093
19,805
3,288

Households and institutions
Compensation of employees
Wages and salaries
Supplements to wages and salaries

40
41
42
43

19,211
19,211
18,235
976

21,148
21,148
19,947
1,201

23,426
23,426
22,024
1,402

26,068
26,068
24,628
1,440

29,440
29,440
27,730
1,710

32,262
32,262
30,317
1,945

35,361
35,361
33,067
2,294

38,623
38,623
35,937
2,686

42,105
42,105
38,888
3,217

45,812
45,812
42,179
3,633

50,622
50,622
46,471
4,151

55,629
55,629
50,948
4,681

Government
Compensation of employees
Wages and salaries
Supplements to wages and salaries

44
45
46
47

67,592
67,592
62,689
4,903

76,546
76,546
70,533
6,013

85,142
85,142
78,076
7,066

95,171
95,171
87,211
7,960

104,455
104,455
95,218
9,237

115,829
115,829
105,293
10,536

126,009
126,009
114,053
11,956

137,786
137,786
124,167
13,619

149,625
149,625
133,700
15,925

162,193
162,193
143,527
18,666

179,606
179,606
157,467
22,139

194,628
194,628
168,879
25,749

Rest of the world
Compensation of employees
Corporate profits....
Net interest

48
49
50
51

5,865
23
4,454
1,388

5,646
47
4,210
1,389

5,931
57
4,386
1,488

6,734
42
5,225
1,467

6,875
55
6,143
677

7,309
54
6,503
752

9,163
47
7,116
2,000

10,901
26
8,646
2,229

16,010
20
13,688
2,302

19,779
15
16,289
3,475

17,314
-14
12,964
4,364

20,480
-15
14,273
6,222

Government enterprises
Compensation of employees
Wages and salaries
Supplements to wages and salaries




Table 1.13.—Gross Domestic Product of Corporate Business in Current Dollars and Gross Domestic Product of Nonfinancial Corporate Business in
Current and Constant Dollars: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-76
Line

1929

1930

1931

1932

1933

1934

1935

1936

1937

1938

1939

1940

1941

1942

1944

1943

Billions of dollars
1

53.5

47.0

36.7

26.7

25.8

32.4

36.0

41.5

47.2

41.9

46.0

52.8

68.2

85.7

101.6

105.3

Capital consumption allowances 2
with capital consumption adjustment.

5.6

5.5

5.1

4.6

4.4

4.5

4.5

4.5

4.9

5.0

4.9

5.0

5.5

6.2

6.3

6.4

3
4

47.9
3.5

41.5
3.5

31.5
3.4

22.2
3.5

21.4
4.0

27.9
4.6

31.6
4.6

37.0
4.8

42.3
5.1

36.9
5.0

41.2
5.2

47.7
5.6

62.7
6.6

79.5
7.0

95.3
7.5

99.0
8.3

5
6
7
8

44.5
34.3
33.8
.4

38.0
30.8
30.4
.4

28.2
25.4
25.0
.4

18.7
19.0
18.7
.3

17.5
18.0
17.7
.3

23.3
21.1
20.7
.3

26.9
23.1
22.7
.4

32.2
26.3
25.6
.6

37.1
30.6
29.3
1.3

31.9
27.3
25.8
1.4

35.9
29.8
28.3
1.5

42.1
32.9
31.2
1.6

56.1
41.6
39.6
2.0

72.5
52.9
50.5
2.3

87.8
64.2
61.3
2.8

90.6
67.1
63.9
3.2

9

8.8

5.7

1.2

-1.8

-1.7

.8

2.4

4.6

5.4

3.4

5.0

8.4

13.7

18.9

23.2

23.2

10
11
12
13
14
15

9.8
1.4
8.4
5.6
2.8
.5

3.6
.8
2.7
5.3
-2.6
3.3

-.4
.5
-.9
4.1
-4.9
2.4

-2.3
.4
-2.7
2.6
-5.2
1.0

1.0
.5
.4
2.0
-1.6
-2.1

2.3
.7
1.5
2.5
-1.0
-.6

3.4
1.0
2.5
2.7
-.2
-.2

6.2
1.4
4.8
4.4
.4
-.7

6.7
1.5
5.2
4.5
.6
.0

3.7
, 1.0
2.7
2.9
-.2
1.0

6.9
1.4
5.4
3.6
1.8
-.7

9.8
2.8
6.9
3.8
3.2
-.2

17.5
7.6
9.9
4.2
5.7
-2.5

21.3
11.4
9.9
4.0
5.9-1.2

24.9
14.1
10.8
4.2
6.6
-.8

23.8
12.9
10.9
4.3
6.5
-.3

16

-1.4

-1.2

-.8

-.6

-.6

-.8

-.8

-.9

-1.3

-1.3

-1.1

-1.2

-1.3

-1.2

-1.0

-.3

17

1.4

1.5

1.6

1.5

1.2

1.5

1.5

1.3

1.2

1.2

1.1

.9

.8

.7

.5

.3

Gross domestic product of
financial corporate business.

18

3.5

2.4

1.9

1.6

1.4

1.7

1.9

2.2

2.3

2.3

2.3

2.4

2.6

2.8

3.0

3.2

Gross domestic product of
nonfinancial
corporate
business.

19

50.1

44.5

34.8

25.1

24.4

30.7

34.2

39.3

44.9

39.6

43.7

50.4

65.6

82.9

98.7

102.1

Capital consumption allowances 20
with capital consumption adjustment.

5.5

5.4

5.0

4.5

4.3

4.4

4.4

4.4

4.8

4.9

4.8

4.9

5.4

6.1

6.2

6.3

21
22

44.5
3.4

39.2
3.4

29.8
3.2

20.7
3.4

20.2
3.8

26.3
4.4

29.8
4.5

34.9
4.7

40.1
5.0

34.7
4.9

39.0
5.1

45.4
5.5

60.2
6.4

76.8
6.8

92.4
7.3

95.8
8.1

23
24
25
26

41.2
32.3
31.9
.4

35.8
29.0
28.6
.4

26.5
23.7
23.3
.3

17.3
17.6
17.3
.3

16.3
16.7
16.4
.3

21.9
19.7
19.4
.3

25.3
21.7
21.3
.3

30.2
24.8
24.2
.6

35.1
29.0
27.7
1.2

29.8
25.7
24.3
1.3

33.9
28.2
26.8
1.4

40.0
31.2
29.6
1.6

53.8
39.8
37.9
1.9

70.0
51.0
48.8
2.2

85.2
62.2
59.5
2.7

87.7
65.1
62.0
3.1

27

7.5

5.2

1.1

-2.0

-2.1

.5

2.0

3.8

4.6

2.6

4.2

7.4

12.7

17.7

21.8

21.6

28
29
30
31
32
33

8.4
1.2
7.3
5.1
2.2
.5

3.1
.7
2.4
5.0
-2.6
3.3

-.5
.5
-1.0
3.8
-4.8
2.4

-2.5
.3
-2.8
2.4
-5.2
1.0

.6
.5
.1
2.0
-1.9
-2.1

2.0
.7
1.3
2.3
-1.0
-.6

3.0
.9
2.2
2.4
-.2
-.2

5.5
1.3
4.1
4.1
.0
-.7

5.9
1.4
4.4
4.2
.2
.0

2.9
.9
2.0
2.6
-.6
1.0

6.1
1.4
4.7
3.3
1.4
-.7

8.8
2.7
6.1
3.5
2.6
-.2

16.4
7.5
9.0
3.9
5.0
-2.5

20.1
11.2
8.9
3.7
5.2
-1.2

23.6
13.8
9.8
3.9
5.8
-.8

22.2
12.6
9.6
4.1
5.6
-.3

34

-1.4

-1.2

-.8

-.6

-.6

-.9

-.9

-.9

-1.3

-1.3

-1.1

-1.2

-1.3

-1.2

-.9

-.3

35

1.4

1.6

1.8

1.7

1.7

1.6

1.6

1.6

1.6

1.5

1.5

1.4

1.3

1.3

1.1

1.0

Gross domestic product of
corporate business.

Net domestic product
Indirect business tax and
nontax liability plus business
transfer payments less subsidies.
Domestic income
Compensation of employees
Wages and salaries
Supplements to wages and
salaries.
Corporate profits with inventory valuation and capital
consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment.
Capital consumption adjustment.
Net interest

Net domestic product
Indirect business tax and
nontax liability plus business
transfer payments less subsidies.
Domestic income
Compensation of employees
Wages and salaries
Supplements to wages and
salaries.
Corporate profits with inventory valuation and capital
consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment.
Capital consumption adjustment.
Net interest

Billions of 1972 dollars
Gross domestic product of 36
nonfinancial
corporate
business.
Capital consumption allowances
with capital consumption adjustment.
Net domestic product
Indirect business
tax
and
nontax liability plus business
transfer payments less subsidies.
Domestic income




37
38
39

40

Table 1.13.—Gross Domestic Product of Corporate Business in Current Dollars and Gross Domestic Product of Nonfinancial Corporate Business in
Current and Constant Dollars: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-76—Continued
Line

1945

1946

1947

1948

1949

1950

1951

1952

1953

1954

1955

1956

1957

1958

1959

1960

Billions of dollars
Gross domestic product of
corporate business.

1

98.8

103.6

124.3

142.6

139.6

158.3

181.6

190.3

204.1

201.5

226.8

242.4

253.9

249.1

280.1

292.3

Capital consumption allowances 2
with capital consumption adjustment.

6.6

7.7

9.4

11.0

11.9

12.8

14.9

16.0

17.1

18.2

19.4

22.1

24.2

25.2

26.3

27.3

3
4

92.2
9.2

95.9
10.4

114.9
11.5

131.5
12.5

127.7
13.1

145.5
14.5

166.8
15.7

174.3
17.4

187.0
18.8

183.3
18.1

207.4
19.9

220.2
21.6

229.7
23.2

223.9
23.7

253.9
26.6

265.0
29.9

5
6
7
8

83.0
64.1
60.9
3.2

85.5
69.9
66.5
3.4

103.4
82.2
78.0
4.2

119.0
91.2
86.8
4.5

114.6
89.0
84.3
4.7

131.0
98.8
92.8
6.0

151.0
114.7
107.3
7.4

156.8
123.2
115.3
7.9

168.2
134.2
125.6
8.6

165.2
132.4
123.3
9.1

187.5
144.9
134.6
10.3

198.6
158.4
146.7
11.7

206.4
166.7
153.7
13.1

200.2
164.1
151.0
13.2

227.2
180.7
165.4
15.2

235.2
190.8
174.0
16.8

9

18.7

15.9

21.3

28.2

26.0

32.7

36.9

34.2

34.5

33.2

43.1

40.9

40.2

36.0

46.9

44.6

10
11
12
13
14
15

19.5
10.7
8.8
4.4
4.4
-.6

24.2
9.1
15.0
5.1
9.9
-5.3

30.8
11.3
19.5
5.6
13.9
-5.9

34.3
12.4
21.9
6.2
15.7
-2.2

28.1
10.2
17.9
6.4
11.5
1.9

41.6
17.9
23.7
7.8
15.9
-5.0

42.7
22.6
20.2
7.4
12.8
-1.2

37.8
19.4
18.4
7.4
11.0
1.0

39.4
20.3
19.1
7.7
11.5
-1.0

36.7
17.6
19.1
7.7
11.4
-.3

46.9
22.0
24.8
8.7
16.1
-1.7

46.8
22.0
24.8
9.3
15.5
-2.7

45.1
21.4
23.6
9.6
14.0
-1.5

39.4
19.0
20.4
9.6
10.8
-.3

49.9
23.6
26.2
10.4
15.9
-.3

46.8
22.7
24.1
11.0
13.2
-.2
-2.0

Net domestic product
Indirect
business tax and
nontax liability plus business
transfer payments less subsidies.
Domestic income
Compensation of employees
Wages and salaries
Supplements to wages and
salaries.
Corporate profits with inventory valuation and capital
consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment.
Capital consumption adjustment.
Net interest

16

-.2

-3.0

-3.6

-4.0

-3.9

-4.0

-4.6

-4.5

-3.9

-3.2

-2.0

-3.2

-3.4

-3.2

-2.7

17

.2

-.3

.0

-.3

-.4

-.5

-.6

-.6

-.6

-.4

-.5

-.7

-.5

.1

-.4

-.3

Gross domestic product of
financial corporate business.

18

3.5

4.2

4.3

5.3

6.0

6.4

7.1

8.0

9.0

9.6

10.1

10.8

11.6

12.8

14.1

15.4

Gross domestic product of
nonfinancial
corporate
business.

19

95.3

99.3

120.0

137.3

133.5

151.9

174.5

182.3

195.0

191.9

216.7

231.6

242.3

236.3

266.0

277.0

Capital consumption allowances 20
with capital consumption adjustment.

6.5

7.6

9.3

10.9

11.7

12.6

14.6

15.8

16.8

17.9

19.1

21.8

23.8

24.8

25.8

26.8

21
22

88.8
8.9

91.8
10.1

110.7
11.2

126.4
12.1

121.8
12.6

139.3
14.1

159.9
15.2

166.6
16.8

178.2
18.2

174.0
17.4

197.6
19.2

209.8
20.8

218.5
22.4

211.6
22.8

240.2
25.4

250.2
28.3

23
24
25
26

79.9
61.9
58.8
3.1

81.6
67.2
63.9
3.3

99.6
79.1
75.1
4.0

114.3
87.8
83.5
4.3

109.2
85.3
80.8
4.5

125.2
94.7
89.0
5.7

144.7
110.2
103.1
7.1

149.7
118.3
110.7
7.6

160.0
128.7
120.5
8.3

156.6
126.5
117.8
8.6

178.4
138.5
128.6
9.8

189.0
151.4
140.2
11.2

196.1
159.1
146.6
12.5

188.8
155.9
143.4
12.5

214.8
171.6
157.2
14.4

221.9
181.1
165.2
15.9

27

17.1

13.8

19.7

25.6

22.9

29.6

33.4

30.2

30.0

28.6

38.3

35.9

34.9

30.2

40.1

37.4

28
29
30
31
32
33

17.8
10.2
7.6
4.1
3.5
-.6

22.0
8.6
13.4
4.8
8.6
-5.3

29.1
10.8
18.3
5.5
12.8
-5.9

31.8
11.8
20.0
6.0
14.0
-2.2

24.9
9.3
15.6
6.0
9.6
1.9

38.5
16.9
21.6
7.5
14.1
-5.0

39.1
21.2
17.9
7.1
10.8
-1.2

33.8
17.8
16.0
7.1
8.8
1.0

34.9
18.5
16.4
7.3
9.1
-1.0

32.1
15.6
16.4
7.4
9.0
-.3

42.0
20.2
21.8
8.5
13.4
-1.7

41.8
20.1
21.8
9.0
12.7
-2.7

39.8
19.1
20.7
9.3
11.4
-1.5

33.7
16.2
17.5
9.3
8.2
-.3

43.1
20.7
22.4
10.0
12.4
-.3

39.7
19.2
20.5
10.6
9.9
-.2

34

-.2

-3.0

-3.5

-4.0

-3.9

-3.9

-4.6

-4.5

-3.9

-3.2

-2.0

-3.2

-3.4

-3.2

-2.7

-2.1

35

1.0

.7

.8

.9

1.0

.9

1.1

1.2

1.3

1.5

1.6

1.7

2.2

2.7

3.1

3.5

Net domestic product
Indirect
business tax and
nontax liability plus business
transfer payments less subsidies.
Domestic income
Compensation of employees
Wages and salaries
Supplements to wages and
salaries.
Corporate profits with inventory valuation and capital
consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment.
Capital consumption adjustment.
Net interest

Billions of 1972 dollars
Gross domestic product of 36
nonfinancial
corporate
business.

229.7

219.9

247.5

270.2

275.2

292.0

283.4

315.1

324.1

328.3

313.4

347.4

358.4

37

21.6

22.7

23.8

25.1

26.4

27.8

29.2

30.6

32.0

33.3

34.4

35.3

36.3

38
39

208.1
25.8

197.2
26.2

223.6
28.4

245.1
29.4

248.7
30.4

264.2
31.9

254.2
32.4

284.5
34.3

292.1
35.7

294.9
36.9

279.0
37.6

312.1
39.9

322.1
41.4

40

182.3

170.9

195.2

215.8

218.4

232.4

221.8

250.2

256.4

258.1

241.4

272.2

280.7

Capital consumption allowances
with capital consumption adjustment.
Net domestic product
Indirect
business tax and
nontax liability plus business
transfer payments less subsidies.
Domestic income




Table 1.13.—Gross Domestic Product of Corporate Business in Current Dollars and Gross Domestic Product of Nonfinancial Corporate Business in
Current and Constant Dollars: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-76—Continued
Line

1961

1962

1963

1964

1965

1966

1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

Billions of dollars
Gross domestic product of
corporate business.

1

301.2

328.3

349.2

377.0

413.6

454.0

478.7

527.9

574.8

596.9

646.1

717.2

801.1

864.7

937.6

1,053.9

Capital consumption allowances 2
with capital consumption adjustment.

28.0

28.9

30.0

31.4

33.4

36.4

39.9

43.8

48.6

54.1

59.6

65.2

71.0

83.4

99.5

109.9

3
4

273.2
31.9

299.4
35.0

319.2
37.9

345.6
41.0

380.2
43.9

417.5
46.0

438.8
49.1

484.1
54.4

526.2
61.1

542.8
66.3

586.5
73.7

652.0
79.8

730.1
87.2

781.3
93.5

838.1
101.7

944.0
110.2

5
6
7
8

241.2
195.6
178.2
17.4

264.3
211.0
191.2
19.7

281.3
222.6
201.2
21.4

304.6
239.1
216.0
23.1

336.3
259.7
234.3
25.4

371.5
288.3
258.4
29.9

389.7
308.3
276.2
32.0

429.7
341.2
304.5
36.7

465.2
378.8
337.1
41.7

476.5
400.8
355.0
45.8

512.8
426.3
375.2
51.0

572.2
473.9
413.4
60.5

642.9
535.9
463.3
72.5

687.8
589.5
507.4
82.0

736.4
617.4
527.5
89.9

833.8
694.4
588.6
105.8

9

45.6

53.2

58.2

65.1

75.3

80.5

77.1

83.9

78.9

64.9

76.1

88.0

94.6

78.6

97.5

123.8

10
11
12
13
14
15

46.6
22.8
23.8
11.0
12.8
.3

51.4
24.0
27.5
11.8
15.7
.0

55.7
26.2
29.5
12.9
16.6
.1

62.3
28.0
34.3
14.2
20.1
-.5

72.8
30.9
41.9
15.9
26.0
-1.2

78.8
33.7
45.2
16.7
28.5
-2.1

75.3
32.5
42.8
17.1
25.7
-1.6

83.3
39.2
44.2
18.8
25.4
-3.7

80.5
39.5
41.0
18.8
22.3
-5.9

68.9
34.2
34.8
18.7
16.1
-6.6

79.4
37.5
41.9
18.4
23.5
-4.6

91.9
41.6
50.3
19.8
30.5
-6.6

111.9
49.0
62.9
20.5
42.3
-20.0

120.4
51.6
68.8
20.3
48.5
-40.0

119.2
50.6
68.6
24.7
43.9
-11.6

152.0
63.8
88.2
29.1
59.1
-14.7

16

-1.4

1.5

2.5

3.1

4.0

4.2

4.3

4.3

4.3

2.5

1.3

2.7

2.7

-1.8

-10.1

-13.5

17

.1

.2

.5

.4

1.2

2.8

4.4

4.6

7.5

10.8

10.5

10.3

12.5

19.7

21.5

15.5

Gross domestic product of
financial corporate business.

18

16.1

16.8

17.5

18.4

20.2

22.9

25.5

27.7

30.7

33.2

36.2

39.2

41.7

45.8

47.6

52.5

Gross domestic product of
nonfinancial
corporate
business.

19

285.0

311.3

331.8

358.4

393.6

431.5

454.1

500.2

544.1

563.7

609.9

678.0

759.4

818.9

890.0

1,001.3

Capital consumption allowances 20
with capital consumption adjustment.

27.5

28.4

29.4

30.8

32.7

35.6

38.9

42.6

47.1

52.2

57.3

62.6

67.9

79.5

94.9

104.8

21
22

257.5
30.1

283.0
33.0

302.3
35.6

327.6
38.4

360.9
41.1

395.9
42.9

415.2
45.8

457.6
51.5

497.0
58.0

511.4
63.4

552.6
70.5

615.5
76.7

691.6
83.7

739.4
89.7

795.1
97.1

896.5
105.3

23
24
25
26

227.3
185.1
168.7
16.4

249.9
199.8
181.2
18.6

266.8
210.7
190.6
20.1

289.3
226.3
204.6
21.7

319.8
246.1
222.2
23.8

353.0
273.5
245.3
28.2

369.5
291.9
261.9
30.0

406.1
322.8
288.4
34.4

439.1
358.5
319.2
39.2

448.1
378.4
335.5
43.0

482.1
402.0
354.2
47.8

538.7
447.0
390.4
56.6

607.9
506.2
438.3
68.0

649.7
556.5
479.5
77.0

697.9
581.1
497.0
84.0

791.2
654.4
555.3
99.1

27

38.3

45.6

51.2

57.7

67.7

72.2

68.8

73.3

67.5

52.7

62.1

72.7

78.6

63.6

86.1

107.3

28
29
30
31
32
33

39.5
19.5
20.1
10.6
9.5
.3

44.2
20.6
23.5
11.4
12.2
.0

48.9
22.8
26.2
12.6
13.5
.1

55.4
24.0
31.4
13.7
17.7
-.5

65.2
27.2
38.0
15.6
22.4
-1.2

70.3
29.5
40.8
16.8
24.0
-2.1

66.3
27.7
38.6
17.5
21.2
-1.6

72.9
33.4
39.5
19.1
20.4
-3.7

69.4
33.1
36.2
19.1
17.1
-5.9

56.8
27.0
29.8
18.5
11.3
-6.6

65.4
29.8
35.6
18.5
17.1
-4.6

76.6
33.6
43.0
20.1
22.9
-6.6

96.0
40.0
56.0
21.1
35.0
-20.0

105.3
42.0
63.3
21.4
41.9
-40.0

107.3
41.2
66.1
25.7
40.4
-11.6

135.0
52.6
82.3
30.1
52.2
-14.7

34

-1.5

1.4

2.3

2.9

3.7

3.9

4.0

4.0

4.0

2.4

1.3

2.7

2.6

-1.8

-9.7

-13.0

35

3.9

4.5

4.8

5.3

6.1

7.4

8.7

10.1

13.1

17.0

18.0

19.1

23.0

29.6

30.8

29.5

Net domestic product
Indirect business
tax
and
nontax liability plus business
transfer payments less subsidies.
Domestic income
Compensation of employees
Wages and salaries
Supplements to wages and
salaries.
Corporate profits with inventory valuation and capital
consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment.
Capital consumption adjustment.
Net interest

Net domestic product
Indirect business tax
and
nontax liability plus business
transfer payments less subsidies.
Domestic income
Compensation of employees
.
Wages and salaries
Supplements to wages and
Corporate profits with inventory valuation and' capital
consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
.
Dividends
Undistributed profits
Inventory valuation adjustment.
Capital consumption adjustment.
.
Net interest

Billions of 1972 dollars
Gross domestic product of 36
nonfinancial
corporate
business.

367.2

399.7

426.3

455.6

495.2

530.7

543.0

578.9

604.0

599.6

626.8

678.0

731.9

708.2

694.2

745.5

37

37.3

38.4

39.7

41.2

43.1

45.6

48.3

51.0

53.9

56.8

59.2

62.6

65.3

68.7

71.8

74.5

38
39

329.9
43.1

361.3
46.3

386.6
48.8

414.4
51.4

452.1
54.5

485.1
56.9

494.7
59.1

527.9
64.0

550.1
66.4

542.8
67.4

567.6
70.2

615.5
75.1

666.6
79.5

639.5
78.1

622.4
79.1

671.0
82.7

40

286.8

315.0

337.7

363.0

397.6

428.2

435.6

463.9

483.6

475.4

497.4

540.3

587.1

561.4

543.3

588.3

Capital consumption allowances
with capital consumption adjustment.
.
Net domestic product
Indirect business tax
and
nontax liability plus business
transfer payments less subsidies.
Domestic income
.




Table 1.13.—Gross Domestic Product of Corporate Business in Current Dollars and Gross Domestic Product of Nonfinancial Corporate Business in
Current and Constant Dollars: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-76—Continued
1947

1946

1949

1948

1950

Line
II

I

IV

III

I

III

II

IV

I

II

III

IV

I

II

III

IV

I

II

III

IV

1
Billions of dollars
1

92.2

101.1

107.6

113.4

117.5

122.7

125.6

131.4

138.1

141.4

144.2

146.5

143.2

139.2

140.1

136.0

143.2

152.7

164.7

172.5

Capital consumption allowances 2
with capital consumption adjustment.

7.2

7.4

7.8

8.3

9.0

9.2

9.5

10.0

10.3

10.7

11.4

11.7

11.7

11.8

12.0

12.1

12.2

12.4

13.0

13.6

3
4

85.0
9.9

93.7
10.2

99.7
10.6

105.1
10.9

108.6
11.1

113.5
11.2

116.1
11.5

121.5
12.2

127.8
12.0

130.7
12.4

132.8
12.7

134.8
12.8

131.5
12.8

127.4
13.0

128.1
13.3

123.9
13.2

131.0
13.5

140.3
14.2

151.7
15.6

158.9
14.9

5
6
7
8

75.1
63.2
60.0
3.2

83.5
68.2
64.8
3.3

89.1
72.7
69.2
3.5

94.2
75.5
71.9
3.7

97.4
79.2
75.2
4.0

102.3
80.6
76.5
4.1

104.6
82.8
78.6
4.2

109.3
86.1
81.7
4.4

115.8
89.1
84.7
4.4

118.3
89.9
85.5
4.4

120.2
92.7
88.2
4.5

122.0
93.1
88.6
4.5

118.7
91.2
86.7
4.5

114.4
89.2
84.5
4.6

114.8
88.3
83.5
4.7

110.6
87.2
82.4
4.8

117.6
90.9
85.5
5.4

126.2
95.8
90.1
5.7

136.1
101.7
95.5
6.2

144.0
106.6
100.1
6.5

9

12.2

15.6

16.7

19.0

18.3

21.8

21.8

23.2

27.0

28.7

27.8

29.2

27.9

25.6

27.0

23.8

27.2

30.8

34.8

37.8

10
11
12
13
14
15

16.2
6.1
10.0
4.7
5.3
-1.2

21.2
8.0
13.2
5.1
8.1
-2.8

27.9
10.5
17.4
5.3
12.1
-8.1

31.3
11.8
19.5
5.6
13.9
-8.9

31.6
11.6
20.1
5.4
14.7
-9.7

29.8
10.9
18.9
5.7
13.2
-4.7

29.5
10.8
18.7
5.9
12.8
-4.0

32.1
11.8
20.3
5.7
14.6
-5.2

33.6
12.1
21.5
6.3
15.1
-2.9

35.4
12.8
22.6
5.9
16.7
-2.9

34.8
12.6
22.2
6.3
15.9
-2.8

33.6
12.2
21.4
6.5
14.9
-.1

30.5
11.1
19.4
6.4
13.0
1.4

26.7
9.7
17.0
6.3
10.7
2.8

27.9
10.1
17.7
6.2
11.5
3.0

27.4
9.9
17.5
6.6
10.9
.2

31.5
13.6
17.9
7.4
10.5
-.7

37.9
16.3
21.6
7.5
14.1
-3.3

46.2
19.9
26.3
8.0
18.3
-7.3

50.8
21.8
29.0
8.4
20.6
-8.5

Gross domestic product of
corporate business.

Net domestic product
Indirect business tax and
nontax liability plus business
transfer payments less subsidies.
Domestic income
Compensation of employees
Wages and salaries
Supplements to wages and
salaries.
Corporate profits with inventory valuation and capital
consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment.
Capital consumption adjustment.
Net interest

16

-2.7

-2.8

-3.1

-3.4

-3.7

-3.4

-3.6

-3.7

-3.7

-3.8

-4.2

-4.3

-3.9

-4.0

-3.9

-3.8

-3.6

-3.8

-4.0

-4.5

17

-.3

-.3

-.3

-.3

-.1

-.1

.0

.0

-.4

-.4

-.3

-.3

-.4

-.4

-.4

-.3

-.6

-.5

-.5

-.4

Gross domestic product of
financial corporate business.

18

4.1

4.3

4.3

4.3

4.1

4.2

4.3

4.7

4.7

5.1

5.5

5.8

5.9

6.0

6.0

6.2

6.0

6.3

6.6

6.8

Gross domestic product of
nonfinancial
corporate
business.

19

88.1

96.8

103.3

109.1

113.4

118.5

121.4

126.7

133.4

136.4

138.7

140.7

137.3

133.3

134.0

129.8

137.2

146.4

158.1

165.7

Capital consumption allowances 20
with capital consumption adjustment.

7.1

7.3

7.7

8.2

8.8

9.1

9.4

9.8

10.1

10.6

11.2

11.5

11.5

11.7

11.8

11.9

12.0

12.2

12.8

13.4

21
22

80.9
9.6

89.5
9.9

95.6
10.3

100.9
10.6

104.6
10.8

109.4
10.9

112.0
11.1

116.9
11.8

123.3
11.6

125.8
12.1

127.5
12.3

129.2
12.4

125.8
12.4

121.6
12.6

122.3
12.8

117.8
12.7

125.2
13.0

134.2
13.7

145.3
15.1

152.3
14.4

23
24
25
26

71.3
60.6
57.6
3.1

79.6
65.5
62.3
3.2

85.3
69.9
66.6
3.3

90.3
72.7
69.2
3.5

93.8
76.2
72.4
3.9

98.5
77.5
73.6
3.9

100.9
79.8
75.7
4.1

105.1
82.9
78.7
4.2

111.6
85.8
81.6
4.2

113.7
86.6
82.3
4.2

115.2
89.2
84.9
4.3

116.8
89.6
85.3
4.3

113.4
87.6
83.3
4.3

109.0
85.5
81.1
4.4

109.4
84.6
80.1
4.5

105.1
83.4
78.8
4.6

112.2
87.1
81.9
5.2

120.5
91.9
86.4
5.5

130.3
97.6
91.7
5.9

137.9
102.4
96.1
6.3

27

10.0

13.4

14.7

17.0

16.7

20.3

20.3

21.4

24.8

26.3

25.1

26.4

24.9

22.5

23.8

20.7

24.1

27.7

31.8

34.6

28
29
30
31
32
33

14.0
5.6
8.4
4.4
3.9
-1.2

19.0
7.5
11.5
4.8
6.7
-2.8

25.8
10.0
15.8
5.0
10.8
-8.1

29.3
11.3
17.9
5.3
12.6
-8.9

30.0
11.1
18.9
5.2
13.6
-9.7

28.2
10.5
17.7
5.5
12.2
-4.7

27.8
10.4
17.5
5.8
11.7
-4.0

30.2
11.3
18.9
5.6
13.3
-5.2

31.4
11.6
19.8
6.1
13.7
-2.9

33.0
12.2
20.8
5.7
15.1
-2.9

32.1
11.9
20.2
6.1
14.2
-2.8

30.7
11.4
19.2
6.2
13.0
-.1

27.4
10.2
17.2
6.1
11.1
1.4

23.6
8.9
14.7
6.0
8.8
2.8

24.7
9.3
15.5
5.8
9.6
3.0

24.3
9.1
15.2
6.2
9.0
.2

28.4
12.6
15.8
7.0
8.8
-.7

34.8
15.3
19.6
7.2
12.4
-3.3

43.0
18.9
24.2
7.6
16.6
-7.3

47.6
20.8
26.8
8.1
18.8
-8.5

34

-2.7

-2.8

-3.0

-3.3

-3.6

-3.3

-3.5

-3.6

-3.7

-3.8

-4.2

-4.2

-3.9

-3.9

-3.9

-3.8

-3.5

-3.8

-4.0

-4.4

35

.6

.7

.7

.7

.8

.7

.8

.8

.9

.9

.8

.8

.9

1.0

1.0

1.0

.9

.9

.9

.9

Net domestic product
Indirect business tax and
nontax liability plus business
transfer payments less subsidies.
Domestic income
Compensation of employees
Wages and salaries
Supplements to wages and
salaries.
Corporate profits with inventory valuation and capital
consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment.
Capital consumption adjustment.
Net interest

Billions of 1972 dollars
Gross domestic product of 36
nonfinancial
corporate
business.

227.2

230.5

229.6

231.5

225.6

219.9

220.5

214.0

227.0

241.6

255.7

264.7

37

21.1

21.4

21.8

22.1

22.4

22.6

22.9

23.1

23.4

23.7

24,0

24.3

38
39

206.1
25.4

209.1
25.8

207.8
25.9

209.4
26.1

203.3
25.9

197.3
26.1

197.6
26.2

190.8
26.7

203.6
27.3

217.9
28.0

231.7
29.3

240.4
29.0

40

180.7

183.3

181.9

183.3

177.3

171.2

171.4

164.1

176.3

189.9

202.4

211.4

Capital consumption allowances
with capital consumption adjustment.
Net domestic product
Indirect business tax and
nontax liability plus business
transfer payments less subsi-,
dies.
Domestic income




Table 1.13.—Gross Domestic Product of Corporate Business in Current Dollars and Gross Domestic Product of Nonfinancial Corporate Business in
Current and Constant Dollars: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-76—Continued
1952

1951

1953

1954

Line
I

II

III

IV

I

II

III

IV

I

II

III

IV

1955

II

I

III

IV

II

I

III

IV

Billions of dollars
1

178.0

180.6

182.4

185.9

187.2

185.9

188.2

200.3

204.8

207.2

206.5

197.9

198.5

199.0

200.6

207.7

218.2

224.8

229.6

235.1

Capital consumption allowances 2
with capital consumption adjustment.

14.3

14.7

15.0

15.5

15.7

15.9

16.1

16.5

16.6

16.9

17.3

17.5

17.7

18.0

18.3

18.8

18.7

19.0

19.6

20.3

3
4

163.6
15.9

165.9
15.1

167.3
15.5

170.4
16.4

171.5
16.6

169.9
17.2

172.2
17.6

183.8
18.3

188.2
18.6

190.3
19.0

189.1
18.9

180.4
18.8

180.8
18.1

181.0
18.0

182.3
17.9

188.9
18.3

199.5
19.0

205.8
19.8

210.0
20.2

214.8
20.6

5
6
7
8

147.7
111.6
104.5
7.1

150.8
114.8
107.4
7.4

151.8
115.5
108.0
7.5

154.0
117.0
109.3
7.7

154.9
120.2
112.4
7.8

152.7
120.4
112.6
7.8

154.6
122.7
114.7
8.0

165.5
129.6
121.4
8.2

169.6
132.8
124.3
8.4

171.3
135.2
126.6
8.6

170.2
135.2
126.5
8.7

161.7
133.7
124.9
8.8

162.7
132.2
123.3
9.0

163.0
131.4
122.5
8.9

164.5
131.4
122.3
9.1

170.7
134.6
125.3
9.3

180.4
139.0
129.2
9.8

186.1
143.3
133.1
10.2

189.8
146.7
136.2
10.5

194.2
150.5
139.7
10.7

9

36.7

36.6

37.0

37.6

35.3

32.9

32.5

36.4

37.4

36.6

35.5

28.6

30.7

31.9

33.5

36.6

42.0

43.3

43.6

44.2

10
11
12
13
14
15

50.1
26.3
23.8
7.3
16.6
-8.7

42.2
22.3
19.9
7.3
12.6
-1.0

38.1
20.2
17.9
7.2
10.7
3.5

40.7
21.6
19.1
7.2
11.9
1.5

38.6
19.9
18.8
6.8
11.9
1.3

36.4
18.7
17.7
7.5
10.2
1.2

36.2
18.7
17.6
7.3
10.2
.7

40.1
20.6
19.6
7.6
12.0
.8

42.1
21.6
20.5
7.2
13.3
-.4

42.2
21.7
20.5
7.9
12.6
-1.6

41.3
21.2
20.1
7.9
12.2
-2.0

32.0
16.6
15.4
7.7
7.7
.0

34.1
16.4
17.8
8.0
9.8
.0

35.2
16.9
18.3
7.4
11.0
.0

37.4
17.9
19.5
7.7
11.8
-.7

40.1
19.3
20.8
7.6
13.2
-.5

45.4
21.4
24.1
8.2
15.8
-1.1

46.2
21.7
24.5
8.4
16.1
-.9

47.3
22.2
25.1
8.9
16.1
-2.2

49.1
23.1
26.0
9.0
17.0
-2.8
-2.1

Gross domestic product of
corporate business.

Net domestic product
Indirect
business
tax and
nontax liability plus business
transfer payments less subsidies.
Domestic income
Compensation of employees
Wages and salaries
Supplements to wages and
salaries.
Corporate profits with inventory valuation and capital
consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment.
Capital consumption adjustment.
Net interest

16

-4.7

-4.6

-4.5

-4.5

-4.6

-4.6

-4.5

-4.5

-4.3

-4.0

-3.9

-3.4

-3.4

-3.3

-3.2

-3.0

-2.3

-2.0

-1.5

17

-.6

-.6

-.6

-.6

-.6

-.6

-.6

-.6

-.6

-.5

-.5

-.6

-.3

-.4

-.4

-.5

-.6

-.6

-.5

-.5

Gross domestic product of
financial corporate business.

18

6.7

6.9

7.1

7.7

7.6

7.7

8.0

8.5

8.7

9.0

9.3

9.2

9.6

9.6

9.6

9.7

9.9

10.0

10.2

10.4

Gross domestic product of
nonfinancial
corporate
business.

19

171.3

173.7

175.3

178.2

179.6

178.1

180.2

191.8

196.1

198.2

197.2

188.7

188.8

189.4

191.1

198.0

208.3

214.8

219.4

224.7

Capital consumption allowances 20
with capital consumption adjustment.

14.1

14.4

14.8

15.2

15.4

15.7

15.8

16.2

16.3

16.6

17.0

17.2

17.4

17.7

18.0

18.5

18.4

18.7

19.3

20.0

21
22

157.2
15.5

159.2
14.7

160.5
15.0

163.0
15.6

164.2
16.1

162.4
16.7

164.4
17.0

175.6
17.5

179.8
18.0

181.5
18.4

180.1
18.3

171.5
18.1

171.4
17.5

171.7
17.4

173.1
17.2

179.6
17.6

189.9
18.4

196.1
19.1

200.1
19.5

204.7
19.9

23
24
25
26

141.7
107.3
100.5
6.8

144.5
110.3
103.3
7.1

145.5
111.0
103.8
7.2

147.4
112.4
105.0
7.4

148.1
115.4
107.9
7.4

145.7
115.5
108.0
7.5

147.4
117.7
110.1
7.6

158.0
124.5
116.6
7.9

161.8
127.5
119.4
8.1

163.2
129.8
121.5
8.2

161.8
129.7
121.3
8.4

153.4
128.0
119.6
8.4

154.0
126.5
118.0
8.6

154.3
125.6
117.1
8.5

155.9
125.3
116.7
8.6

162.0
128.4
119.6
8.8

171.6
132.7
123.4
9.4

177.1
137.0
127.3
9.7

180.6
140.3
130.2
10.0

184.8
143.9
133.6
10.2

27

33.4

33.1

33.4

33.9

31.5

29.0

28.5

32.3

33.1

32.2

30.9

24.0

26.1

27.3

28.9

31.9

37.3

38.5

38.7

39.3

28
29
30
31
32
33

46.8
25.1
21.7
7.0
14.7
-8.7

38.7
21.0
17.7
7.1
10.6
-1.0

34.4
18.8
15.6
7.0
8.6
3.5

36.9
20.2
16.7
7.0
9.8
1.5

34.8
18.3
16.5
6.6
9.8
1.3

32.4
17.1
15.3
7.2
8.1
1.2

32.2
17.0
15.2
7.0
8.1
.7

36.0
18.9
17.0
7.3
9.8
.8

37.8
19.9
17.9
6.9
11.0
-.4

37.8
20.0
17.8
7.5
10.3
-1.6

36.7
19.4
17.3
7.5
9.8
-2.0

27.3
14.7
12.6
7.4
5.3
.0

29.5
14.4
15.1
7.6
7.4
.0

30.6
14.9
15.7
7.0
8.6
.0

32.8
16.0
16.8
7.4
9.5
-.7

35.4
17.3
18.1
7.3
10.8
-.5

40.7
19.6
21.1
7.9
13.2
-1.1

41.4
19.9
21.5
8.2
13.4
-.9

42.5
20.4
22.0
8.7
13.4
-2.2

44.2
21.3
22.9
8.7
14.3
-2.8

34

-4.7

-4.5

-4.5

-4.5

-4.5

-4.6

-4.4

-4.5

— 4.3

-4.0

-3.8

-3.4

-3.4

-3.3

-3.2

-3.0

-2.3

-2.0

-1.5

-2.1

35

1.0

1.0

1.1

1.1

1.2

1.2

1.2

1.3

1.2

1.3

1.4

1.4

1.5

1.6

1.7

1.6

1.6

1.6

1.6

Net domestic product
Indirect
business tax and
nontax liability plus business
transfer payments less subsidies.
Domestic income
Compensation of employees
Wages and salaries
Supplements to wages and
salaries.
Corporate profits with inventory valuation and capital
consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment.
Capital consumption adjustment.
Net interest

1.2

Billions of 1972 dollars
Gross domestic product of 36
nonfinancial
corporate
business.

267.3

269.8

271.1

273.0

273.4

269.9

271.8

285.9

292.9

296.5

294.8

283.8

280.7

279.6

282.5

290.7

305.1

314.6

318.4

322.8

37

24.6

25.0

25.3

25.6

26.0

26.3

26.6

26.9

27.3

27.6

28.0

28.3

28.7

29.0

29.4

29.7

30.0

30.4

30.7

31.1

38
39

242.7
29.4

244.9
29.0

245.8
29.3

247.4
29.6

247.5
29.7

243.6
30.1

245.2
30.4

259.0
31.2

265.6
31.6

268.9
31.9

266.9
32.0

255.5
32.0

252.0
31.9

250.5
32.1

253.1
32.5

261.0
33.0

275.1
33.5

284.3
34.0

287.7
34.5

291.7
35.0

40

213.3

215.8

216.5

217.8

217.8

213.4

214.8

227.8

234.0

237.0

234.9

223.6

220.1

218.4

220.7

228.0

241.6

250.2

253.2

256.7

Capital consumption allowances
with capital consumption adjustment.
Net domestic product
Indirect
business tax
and
nontax liability plus business
transfer payments less subsidies.
Domestic income




Table 1.13.—Gross Domestic Product of Corporate Business in Current Dollars and Gross Domestic Product of Nonfinancial Corporate Business in
Current and Constant Dollars: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-76—Continued
1957

1956
Line

I

II

III

IV

I

II

IV

II

I

1960

1959

1958
III

III

IV

II

I

III

IV

II

I

III

IV

Billions of dollars
1

237.4

240.7

242.2

248.6

254.1

254.4

255.8

251.0

242.0

241.7

250.4

261.8

273.2

284.7

280.0

282.6

295.9

294.2

290.9

288.4

Capital consumption allowances 2
with capital consumption adjustment.

21.1

21.7

22.5

23.2

23.7

24.0

24.4

24.8

24.6

25.0

25.4

25.8

26.0

26.2

26.4

26.6

26.9

27.2

27.4

27.5

3
4

216.3
20.9

219.0
21.2

219.7
21.8

225.4
22.6

230.4
22.9

230.4
23.2

231.4
23.5

226.2
23.3

217.4
23.2

216.7
23.5

225.0
23.8

236.0
24.5

247.2
25.3

258.6
26.0

253.6
27.3

256.1
28.0

268.9
29.1

267.0
29.5

263.5
30.2

260.9
30.6

5
6
7
8

195.4
154.4
143.1
11.3

197.8
157.2
145.6
11.6

197.9
158.7
146.8
11.9

202.7
163.2
151.1
12.2

207.5
166.0
153.3
12.7

207.2
166.8
153.8
13.0

207.9
167.9
154.7
13.2

202.9
166.2
152.9
13.3

194.2
162.4
149.4
13.0

193.2
160.5
147.6
13.0

201.2
164.5
151.3
13.2

211.5
169.2
155.7
13.6

221.8
176.2
161.5
14.7

232.6
181.8
166.6
15.2

226.4
181.5
166.1
15.4

228.1
183.1
167.6
15.6

239.8
191.0
174.3
16.8

237.5
193.2
176.3
16.8

233.3
189.8
173.0
16.8

230.3
189.4
172.5
16.8

9

41.6

41.3

39.9

40.3

41.9

40.9

40.5

37.1

31.8

32.6

36.6

42.2

46.0

51.2

45.3

45.3

49.0

44.6

43.7

41.2

10
11
12
13
14
15

46.9
22.0
24.8
9.1
15.8
-2.9

47.8
22.4
25.3
9.1
16.2
-3.6

44.7
21.1
23.6
9.1
14.5
-1.2

47.3
22.2
25.1
9.7
15.5
-3.0

48.1
22.8
25.4
9.7
15.7
-2.4

45.8
21.8
24.0
9.6
14.3
-1.5

44.9
21.4
23.5
9.8
13.7
-1.3

41.1
19.5
21.5
9.8
11.7
-.9

34.7
16.8
18.0
9.7
8.2
-.2

- 35.5
17.2
18.3
9.7
8.6
.3

40.2
19.4
20.8
9.6
11.3
-.2

46.5
22.2
24.2
9.3
15.0
-.9

49.8
23.4
26.4
10.0
16.4
-.7

54.6
25.8
28.8
10.4
18.4
-.8

48.3
23.0
25.3
10.5
14.8
-.3

46.8
22.4
24.4
10.5
13.9
.7

52.0
25.4
26.6
10.9
15.8
-.9

47.3
23.0
24.4
10.9
13.5
-.6

45.3
21.8
23.4
11.2
12.2
.5

42.7
20.6
22.1
10.9
11.2
.3

16

-2.3

-2.8

-3.6

-4.0

-3.8

-3.4

-3.1

-3.0

-2.7

-3.2

-3.3

-3.4

-3.1

-2.6

-2.7

-2.3

-2.1

-2.1

-2.0

-1.9

17

-.6

-.7

-.7

-.8

-.4

-.4

-.5

-.5

.1

.1

.1

.0

-.4

-.4

-.4

-.4

-.2

-.3

-.3

-.3

Gross domestic product of
financial corporate business.

18

10.6

10.9

10.8

10.8

11.3

11.4

11.7

11.9

12.4

12.7

12.8

13.2

13.3

13.8

14.6

14.9

15.3

15.4

15.4

15.3

Gross domestic product of
nonfinancial
corporate
business.

19

226.7

229.8

231.4

237.8

242.8

242.9

244.0

239.0

229.6

229.0

237.6

248.6

259.9

270.9

265.4

267.8

280.5

278.8

275.5

273.1

Capital consumption allowances 20
with capital consumption adjustment.

20.8

21.3

22.1

22.9

23.3

23.6

23.9

24.4

24.2

24.6

25.0

25.4

25.6

25.7

25.9

26.1

26.5

26.7

26.9

27.0

21
22

206.0
20.1

208.5
20.4

209.3
21.0

215.0
21.8

219.5
22.1

219.4
22.4

220.1
22.6

214.7
22.4

205.4
22.3

204.4
22.5

212.7
22.8

223.2
23.5

234.3
24.2

245.2
24.7

239.5
25.9

241.7
26.6

254.1
27.6

252.1
28.0

248.5
28.6

246.1
29.0

23
24
25
26

185.9
147.6
136.9
10.8

188.1
150.2
139.2
11.0

188.2
151.6
140.3
11.3

193.2
156.0
144.3
11.6

197.4
158.6
146.4
12.1

197.0
159.2
146.8
12.4

197.5
160.2
147.6
12.6

192.3
158.3
145.6
12.7

183.1
154.3
142.0
12.3

181.9
152.3
140.1
12.2

189.9
156.1
143.7
12.5

199.7
160.6
147.8
12.8

210.1
167.5
153.6
13.9

220.4
172.8
158.4
14.3

213.6
172.3
157.8
14.5

215.1
173.8
159.2
14.7

226.5
181.5
165.7
15.8

224.1
183.5
167.6
15.9

219.9
179.9
164.0
15.9

217.1
179.4
163.5
15.9

27

36.6

36.2

34.9

35.3

36.9

35.8

35.1

31.6

26.3

27.0

31.0

36.2

39.7

44.6

38.2

38.0

41.6

37.3

36.5

34.0

28
29
30
31
32
33

41.9
20.1
21.8
8.8
13.0
-2.9

42.7
20.5
22.2
8.9
13.3
-3.6

39.7
19.1
20.6
8.9
11.7
-1.2

42.4
20.3
22.1
9.4
12.7
-3.0

43.1
20.6
22.6
9.4
13.2
-2.4

40.7
19.6
21.2
9.3
11.9
-1.5

39.5
19.0
20.5
9.4
11.1
-1.3

35.6
17.1
18.5
9.4
9.0
-.9

29.3
14.1
15.2
9.4
5.8
-.2

29.9
14.4
15.5
9.4
6.1
.3

34.6
16.6
18.0
9.3
8.7
-.2

40.5
19.3
21.2
9.0
12.2
-.9

43.6
20.8
22.8
9.7
13.1
-.7

48.1
23.1
25.0
10.0
15.0
-.8

41.2
19.9
21.3
10.1
11.3
-.3

39.6
19.2
20.5
10.1
10.4
.7

44.7
21.8
22.9
10.4
12.5
-.9

40.1
19.4
20.7
10.5
10.2
-.6

38.1
18.3
19.8
10.8
9.0
.5

35.7
17.2
18.5
10.5
8.0
.3

34

-2.4

-2.8

-3.6

-4.1

-3.9

-3.5

-3.2

-3.0

-2.8

-3.3

-3.4

-3.4

-3.2

-2.6

-2.8

-2.3

-2.2

-2.2

-2.1

-2.0

35

1.6

1.7

1.8

1.9

2.0

2.1

2.2

2.4

2.5

2.6

2.8

2.9

2.9

3.1

3.2

3.3

3.3

3.4

3.5

3.7

Gross domestic product of
corporate business.

Net domestic product
Indirect business tax and
nontax liability plus business
transfer payments less subsidies.
Domestic income
Compensation of employees
Wages and salaries
Supplements to wages and
salaries.
Corporate profits with inventory valuation and capital
consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment.
Capital consumption adjustment.
Net interest

Net domestic product
Indirect business tax and
nontax liability plus business
transfer payments less subsidies.
Domestic income
Compensation of employees
Wages and salaries
Supplements to wages and
salaries.
Corporate profits with inventory valuation and capital
consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment.
Capital consumption adjustment.
Net interest

Billions of 1972 dollars
Gross domestic product of 36
nonfinancial
corporate
business.

322.6

323.9

321.8

327.0

330.8

331.0

329.4

321.6

307.4

304.4

313.8

327.1

341.8

353.8

345.8

348.1

363.4

361.1

355.9

353.2

37

31.4

31.8

32.2

32.5

32.9

33.2

33.5

33.8

34.0

34.3

34.5

34.7

34.9

35.2

35.4

35.6

35.9

36.2

36.4

36.7

38
39

291.2
35.2

292.1
35.5

289.6
35.8

294.5
36.3

297.9
36.6

297.8
36.7

295.9
37.1

287.9
37.3

273.3
37.1

270.1
37.4

279.3
37.9

292.4
38.2

306.8
39.0

318.7
39.6

310.4
40.2

312.5
40.8

327.5
40.8

325.0
41.3

319.5
41.6

316.5
42.0

40

255.9

256.6

253.8

258.2

261.3

261.1

258.9

250.6

236.3

232.7

241.4

254.1

267.9

279.1

270.2

271.7

286.7

283.6

277.9

274.6

Capital consumption allowances
with capital consumption adjustment.
Net domestic product
Indirect business tax and
nontax liability plus business
transfer payments less subsidies.
Domestic income




Table 1.13.—Gross Domestic Product of Corporate Business in Current Dollars and Gross Domestic Product of Nonfinancial Corporate Business in
Current and Constant Dollars: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-76—Continued
1961

1962

1964

1963

Line
I

IV

III

II

I

III

II

I

IV

II

III

IV

II

I

III

IV

Billions of dollars
1

289.6

297.6

303.9

313.2

322.4

326.0

330.1

333.8

339.2

347.1

352.6

358.0

367.7

373.6

381.0

385.2

Capital consumption allowances 2
with capital consumption adjustment.

27.6

27.9

28.2

28.5

28.6

28.7

29.0

29.3

29.6

29.7

30.1

30.5

30.8

31.1

31.6

32.1

3
4

262.0
30.9

269.6
31.3

275.7
32.2

284.7
33.3

293.8
34.1

297.2
34.6

301.2
35.6

304.5
35.9

309.6
36.7

317.3
37.5

322.5
38.4

327.5
39.1

336.8
39.7

342.4
40.4

349.4
41.6

353.1
42.3

5
6
7
8

231.1
190.8
173.8
17.0

238.3
193.7
176.5
17.2

243.5
196.8
179.3
17.5

251.5
201.0
183.1
17.9

259.7
206.8
187.5
19.2

262.6
210.7
191.1
19.6

265.6
212.4
192.5
19.9

268.6
213.9
193.7
20.2

273.0
217.8
196.9
20.9

279.8
220.9
199.8
21.1

284.1
224.0
202.5
21.5

288.4
227.6
205.6
22.0

297.2
232.2
209.9
22.3

302.0
237.0
214.2
22.8

307.7
241.7
218.3
23.4

310.7
245.3
221.5
23.9

40.2

44.5

46.6

50.4

52.7

51.7

53.0

54.5

54.8

58.4

59.5

60.2

64.5

64.6

65.7

64.9

41.7
20.2
21.5
10.7
10.8
-.1

44.9
21.9
23.0
10.9
12.1
.9

47.7
23.4
24.3
10.9
13.3
.3

52.0
25.6
26.4
11.4
15.0
-.1

50.9
23.7
27.2
11.7
15.5
.5

50.5
23.5
26.9
11.9
15.0
-.2

52.1
24.3
27.7
12.0
15.7
-.7

52.2
24.3
28.0
11.6
16.4
.6

52.0
24.4
27.6
12.4
15.2
1.0

55.6
26.2
29.4
12.9
16.5
.2

57.0
26.8
30.2
13.0
17.1
-.2

58.3
27.5
30.8
13.2
17.6
-.9

61.5
27.7
33.8
13.4
20.4
-.2

61.7
27.8
34.0
14.1
19.9
-.2

63.4
28.5
34.9
14.4
20.5
-.9

62.5
27.9
34.5
14.8
19.7
-.7

-1.5

-1.3

-1.4

-1.5

1.3

1.4

1.7

1.7

1.8

2.6

2.6

2.8

3.1

3.1

3.2

3.2

.1

.1

.1

.0

.2

.2

.2

.2

.3

.5

.6

.6

.5

.4

.4

.5

Gross domestic product of
corporate business.

Net domestic product
Indirect business tax
and
nontax liability plus business
transfer payments less subsidies.
Domestic income
Compensation of employees
Wages and salaries
Supplements to wages and

Corporate profits with inven- 9
tory valuation and capital
consumption adjustments.
Profits before tax
10
Profits tax liability
11
12
Profits after tax
Dividends
13
14
Undistributed profits
Inventory valuation adjust- 15
ment.
Capital consumption adjust- 16
ment.
17
Net interest
Gross domestic product of
financial corporate busi-

18

16.1

16.1

16.0

16.1

16.7

16.9

17.0

16.5

17.2

17.3

17.6

17.7

18.0

18.2

18.6

19.0

Gross domestic product of
nonfinancial
corporate
business.

19

273.5

281.4

287.9

297.1

305.8

309.1

313.2

317.3

322.0

329.7

335.0

340.3

349.6

355.4

362.4

366.2

Capital consumption allowances 20
with capital consumption adjustment.

27.1

27.4

27.6

27.9

28.1

28.2

28.4

28.8

29.0

29.2

29.5

29.9

30.2

30.5

31.0

31.4

21
22

246.5
29.3

254.0
29.6

260.2
30.4

269.2
31.4

277.7
32.2

280.9
32.6

284.7
33.6

288.5
33.8

293.0
34.5

300.6
35.2

305.5
36.1

310.3
36.6

319.4
37.1

324.9
37.8

331.4
38.9

334.7
39.6

23
24
25
26

217.2
180.7
164.6
16.1

224.5
183.2
167.0
16.2

229.8
186.3
169.8
16.5

237.8
190.3
173.4
16.9

245.5
195.8
177.7
18.1

248.3
199.6
181.2
18.5

251.2
201.2
182.4
18.8

254.7
202.7
183.7
19.0

258.5
206.3
186.6
19.7

265.3
209.2
189.4
19.9

269.5
212.0
191.9
20.2

273.7
215.3
194.7
20.6

282.3
219.8
198.9
20.9

287.1
224.4
202.9
21.4

292.5
228.8
206.9
21.9

295.2
232.2
209.7
22.4

27

32.9

37.4

39.5

43.2

45.4

44.2

45.4

47.3

47.7

51.4

52.5

53.4

57.3

57.5

58.4

57.6

28
29
30
31
32
33

34.5
16.8
17.7
10.3
7.4
-.1

37.9
18.6
19.3
10.5
8.8
.9

40.7
20.1
20.6
10.5
10.1
.3

44.9
22.2
22.7
10.9
11.8
-.1

43.8
20.5
23.3
11.1
12.2
.5

43.1
20.2
22.9
11.5
11.5
-.2

44.6
20.9
23.7
11.7
12.0
-.7

45.2
21.0
24.2
11.2
12.9
.6

45.0
20.9
24.1
12.1
12.0
1.0

48.7
22.7
26.0
12.6
13.4
.2

50.3
23.4
26.9
12.8
14.1
-.2

51.7
24.1
27.6
13.0
14.6
-.9

54.7
23.8
30.9
13.0
17.9
-.2

54.9
23.8
31.1
13.6
17.5
-.2

56.4
24.5
32.0
13.8
18.1
-.9

55.4
23.8
31.6
14.3
17.3
-.7

34

-1.6

-1.4

-1.5

-1.6

1.1

1.3

1.5

1.6

1.6

2.4

2.4

2.6

2.8

2.8

2.9

2.9

35

3.7

3.8

4.0

4.2

4.3

4.4

4.6

4.8

4.5

4.7

4.9

5.0

5.2

5.2

5.3

5.4

413.7

424.2

431.5

435.6

446.4

452.7

459.5

463.8

39.2

39.5

39.9

40.2

40.6

40.9

41.4

41.8

Net domestic product
Indirect business tax and
nontax liability plus business
transfer payments less subsidies.
Domestic income
Compensation of employees
Wages and salaries
Supplements to wages and
salaries.
Corporate profits with inventory valuation and capital
consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment.
Capital consumption adjustment.
Net interest

Billions of 1972 dollars
Gross domestic product of 36
nonfinancial
corporate
business.

353.4

362.1

370.1

383.3

392.5

396.3

402.7

37

37.0

37.2

37.5

37.7

38.0

38.2

38.5

38
39

316.4
42.1

324.9
42.7

332.6
43.3

345.6
44.3

354.5
45.1

358.1
45.8

364.2
46.6

368.6
47.6

374.5
48.0

384.7
48.5

391.6
49.2

395.4
49.7

405.8
50.4

411.7
50.7

418.1
51.9

422.0
52.4

40

274.3

282.2

289.3

301.3

309.3

312.3

317.6

321.0

326.5

336.2

342.5

345.7

355.4

361.0

366.2

369.6

Capital consumption allowances
with capital consumption adjustment.
Net domestic product
Indirect business tax
and
nontax liability plus business
transfer payments less subsidies.
Domestic income




407.4

38.9'

Table 1.13.—Gross Domestic Product of Corporate Business in Current Dollars and Gross Domestic Product of Nonfinancial Corporate Business in
Current and Constant Dollars: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-76—Continued

III

II

I

IV

I

III

II

1968

1967

1966

1965
Line

IV

II

I

III

IV

II

I

III

IV

Billions of dollars
1

401.7

408.7

415.9

428.7

442.4

451.8

457.6

465.6

469.3

473.1

482.5

493.5

506.5

522.2

534.6

548.3

Capital consumption allowances 2
with capital consumption adjustment.

32.6

32.9

33.7

34.4

35.2

36.2

36.8

37.5

38.5

39.3

40.3

41.4

42.2

43.1

44.3

45.5

3
4

369.1
43.5

375.7
43.5

382.2
43.8

394.3
44.8

407.2
44.6

415.6
45.8

420.8
46.5

428.1
47.2

430.8
47.5

433.7
48.3

442.2
49.7

452.2
50.9

464.2
52.0

479.1
53.4

490.3
55.3

502.7
56.7

5
6
7
8

325.7
252.5
228.0
24.5

332.2
256.6
231.6
25.1

338.4
261.3
235.7
25.7

349.5
268.4
242.1
26.3

362.6
278.1
249.0
29.1

369.9
286.4
256.7
29.7

374.3
292.0
261.8
30.2

380.9
296.7
265.9
30.8

383.4
302.1
270.9
31.3

385.5
304.7
273.1
31.6

392.6
310.8
278.6
32.3

401.2
315.5
282.5
33.1

412.3
326.9
292.1
34.9

425.7
336.7
300.5
36.2

435.0
345.6
308.3
37.3

446.0
355.5
317.0
38.4

9

72.4

74.5

75.7

79.4

82.5

81.1

79.4

80.6

77.3

76.7

77.2

80.8

81.1

84.6

84.7

85.2

10
11
12
13
14
15

69.1
29.4
39.6
14.7
24.9
-.3

71.5
30.3
41.2
15.4
25.8
-1.0

72.9
30.9
42.0
16.2
25.8
-1.5

77.6
32.9
44.7
17.1
27.6
-2.2

79.8
34.1
45.7
17.4
28.3
-1.5

79.7
34.1
45.7
16.8
28.8
-2.6

78.8
33.6
45.2
16.6
28.6
-3.6

77.0
32.9
44.1
15.9
28.2
-.8

73.8
32.1
41.7
17.0
24.7
-.6

73.8
31.7
42.1
17.8
24.3
-1.4

74.7
32.1
42.6
17.3
25.3
-2.0

78.9
34.0
44.8
16.2
28.6
-2.3

81.4
38.1
43.3
18.4
24.9
-4.6

83.2
39.0
44.2
18.2
25.9
-3.0

83.3
39.2
44.1
19.1
25.1
-2.9

85.3
40.3
45.0
19.3
25.7
-4.2
4.1

Gross domestic product of
corporate business.

Net domestic product
Indirect
business tax and
nontax liability plus business
transfer payments less subsidies.
Domestic income
Compensation of employees
Wages and salaries
Supplements to wages and
salaries.
Corporate profits with inventory valuation and capital
consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment.
Capital consumption adjustment.
Net interest

16

3.6

4.1

4.3

4.0

4.1

4.0

4.1

4.5

4.1

4.2

4.5

4.2

4.3

4.4

4.2

17

.8

1.1

1.3

1.7

2.0

2.4

3.0

3.6

3.9

4.2

4.6

4.9

4.3

4.3

4.7

5.3

Gross domestic product of
financial corporate business.

18

19.1

19.7

20.3

21.7

22.5

22.5

23.1

23.4

24.2

25.2

26.0

26.7

26.6

27.3

28.1

28.6

Gross domestic product of
nonfinancial
corporate
business.

19

382.6

389.0

395.6

407.1

419.9

429.3

434.5

442.2

445.2

447.9

456.5

466.8

479.9

494.9

506.5

519.6

Capital consumption allowances 20
with capital consumption adjustment.

31.9

32.2

33.0

33.7

34.4

35.3

35.9

36.6

37.6

38.4

39.2

40.3

41.1

41.9

43.0

44.2

21
22

350.7
40.7

356.8
40.7

362.6
41.0

373.4
41.9

385.5
41.6

394.0
42.7

398.6
43.3

405.6
44.0

407.6
44.2

409.5
45.0

417.3
46.3

426.5
47.5

438.8
49.2

452.9
50.6

463.4
52.4

475.4
53.8

23
24
25
26

310.1
239.2
216.2
23.0

316.1
243.1
219.6
23.5

321.6
247.6
223.5
24.1

331.5
254.3
229.6
24.7

343.9
263.7
236.3
27.4

351.3
271.7
243.7
28.0

355.3
277.1
248.6
28.4

361.6
281.6
252.6
29.0

363.4
286.6
257.2
29.4

364.5
288.5
258.9
29.6

371.0
294.1
263.9
30.2

379.0
298.4
267.4
31.0

389.6
309.5
276.8
32.7

402.3
318.6
284.6
34.0

411.0
326.9
291.9
35.0

421.6
336.2
300.2
36.1

27

65.2

67.0

67.9

70.7

73.5

72.5

70.6

72.0

68.5

67.5

68.0

71.3

70.8

74.0

73.8

74.3

28
29
30
31
32
33

62.2
26.0
36.1
14.4
21.8
-.3

64.2
26.7
37.5
15.1
22.4
-1.0

65.3
27.2
38.2
16.0
22.1
-1.5

69.1
28.8
40.3
17.1
23.3
-2.2

71.1
30.0
41.1
17.3
23.8
-1.5

71.4
30.0
41.4
16.9
24.5
-2.6

70.3
29.4
°40.9
16.8
24.1
-3.6

68.6
28.6
39.9
16.3
23.7
-.8

65.2
27.4
37.8
17.3
20.4
-.6

64.9
27.0
37.9
18.2
19.8
-1.4

65.7
27.3
38.4
17.8
20.6
-2.0

69.6
29.1
40.5
16.7
23.8
-2.3

71.4
32.6
38.8
18.8
20.0
-4.6

72.8
33.2
39.6
18.7
20.9
-3.0

72.7
33.3
39.5
19.4
20.0
-2.9

74.8
34.4
40.4
19.6
20.8
-4.2

Net domestic product
Indirect business tax and
nontax liability plus business
transfer payments less subsidies.
Domestic income
Compensation of employees
Wages and salaries
Supplements to wages and
salaries.
Corporate profits with inventory valuation and capital
consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment.
Capital consumption adjustment.
Net interest

34

3.3

3.8

4.0

3.7

3.9

3.7

3.9

4.2

3.9

4.0

4.3

4.0

4.0

4.2

3.9

3.8

35

5.6

6.0

6.1

6.5

6.7

7.1

7.6

8.1

8.3

8.5

8.9

9.3

9.2

9.7

10.3

11.1

Billions of 1972 dollars
Gross domestic product of 36
nonfinancial
corporate
business.

482.0

491.0

496.7

511.2

523.6

529.0

533.6

536.8

535.9

538.9

544.6

552.9

562.5

574.2

584.9

593.8

37

42.3

42.8

43.4

44.0

44.6

45.3

46.0

46.7

47.4

48.0

48.7

49.3

50.0

50.6

51.3

52.0

38
39

439.7
53.3

448.2
54.2

453.3
54.7

467.2
55.7

478.9
56.3

483.7
56.6

487.6
57.1

490.1
57.6

488.5
58.0

490.9
58.8

495.9
59.4

503.6
60.1

512.5
62.8

523.5
63.5

533.6
64.7

541.8
65.1

40

386.4

394.0

398.6

411.5

422.6

427.1

430.6

432.5

430.5

432.0

436.5

443.4

449.7

460.1

468.9

476.7

Capital consumption allowances
with capital consumption adjustment.
Net domestic product
Indirect
business tax and
nontax liability plus business
transfer payments less subsidies.
Domestic income




Table 1.13.—Gross Domestic Product of Corporate Business in Current Dollars and Gross Domestic Product of Nonfinancial Corporate Business in
Current and Constant Dollars: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-76—Continued
1969

Line
I

II

1970
III

IV

I

II

1971
III

IV

I

1972

II

III

IV

I

II

III

IV

Billions of dollars
Gross domestic product of
corporate business.

1

560.2

570.9

581.9

586.3

586.2

594.6

603.8

602.9

627.9

639.1

651.4

665.9

690.4

707.9

721.8

748.9

Capital consumption allowances 2
with capital consumption adjustment.

46.5

47.7

49.3

50.8

52.0

53.3

54.7

56.3

57.6

58.8

60.1

61.6

62.8

66.2

65.3

66.7

3
4

513.7
58.2

523.2
60.3

532.6
62.3

535.5
63.5

534.1
64.3

541.3
65.5

549.1
67.1

546.6
68.2

570.3
71.0

580.3
72.2

591.2
74.9

604.3
76.6

627.6
77.2

641.7
78.9

656.5
80.6

682.2
82.6

5
6
7
8

455.5
364.7
324.6
40.2

462.9
374.8
333.8
41.1

470.3
384.2
341.9
42.2

472.0
391.3
347.9
43.4

469.8
396.0
351.5
44.5

475.7
398.8
353.5
45.3

482.0
404.4
358.0
46.4

478.4
404.0
356.9
47.0

499.2
414.4
365.1
49.2

508.1
423.1
372.8
50.4

516.3
429.4
377.8
51.6

527.7
438.2
385.2
53.0

550.5
455.8
398.3
57.5

562.8
468.2
408.4
59.8

575.9
477.8
416.4
61.4

599.6
493.9
430.7
63.2

9

84.5

80.9

78.1

72.2

64.4

66.4

66.3

62.4

73.7

74.4

76.8

79.5

85.1

85.0

87.7

94.1

10
11
12
13
14
15

85.0
41.3
43.8
18.7
25.1
-5.2

82.0
40.0
42.0
18.8
23.1
-5.7

78.6
38.7
39.9
18.6
21.3
-4.7

76.5
37.9
38.6
19.1
19.5
-7.9

69.2
34.1
35.2
18.3
16.8
-8.2

68.8
34.0
34.8
18.9
15.8
-5.2

70.5
35.1
35.4
18.5
16.9
-6.4

67.2
33.4
33.7
19.0
14.8
-6.4

76.0
37.1
39.0
19.4
19.5
-3.6

78.1
38.0
40.1
17.9
22.2
-5.1

81.2
37.4
43.8
19.3
24.4
-5.8

82.4
37.6
44.8
17.1
27.7
-3.9

88.0
40.0
48.1
20.1
27.9
-5.1

88.4
40.1
48.3
19.9
28.4
-5.6

91.1
41.2
50.0
19.7
30.3
-6.3

100.1
45.3
54.8
19.3
35.5
-9.4

16

4.6

4.6

4.2

3.6

3.3

2.9

2.2

1.7

1.2

1.3

1.4

1.0

2.1

2.3

2.9

3.3

17

6.3

7.1

8.0

8.5

9.5

10.5

11.4

11.9

11.2

10.6

10.1

9.9

9.6

9.6

10.4

11.6

Gross domestic product of
financial corporate business.

18

30.1

30.5

30.8

31.5

32.0

32.0

33.6

35.3

35.3

35.8

36.9

36.6

37.7

39.2

39.6

40.3

Gross domestic product of
nonfinancial
corporate
business.

19

530.1

540.5

551.1

554.9

554.2

562.5

570.3

567.6

592.6

603.3

614.4

629.4

652.7

668.7

682.2

708.6

Capital consumption allowances 20
with capital consumption adjustment.

45.1

46.3

47.7

49.2

50.2

51.5

52.8

54.3

55.5

56.6

57.8

59.2

60.3

63.6

62.6

63.9

21
22

484.9
55.1

494.2
57.2

503.4
59.2

505.7
60.4

503.9
61.3

511.1
62.6

517.5
64.2

513.3
65.3

537.1
68.0

546.7
69.0

556.6
71.7

570.2
73.4

592.4
74.1

605.1
75.8

619.6
77.6

644.7
79.5

23
24
25
26

429.8
345.1
307.3
37.8

437.0
354.8
316.2
38.6

444.1
363.7
323.9
39.8

445.3
370.2
329.4
40.8

442.6
374.1
332.4
41.7

448.5
376.8
334.3
42.5

453.3
381.9
338.4
43.5

448.0
381.0
336.8
44.1

469.1
390.8
344.7
46.1

477.6
399.0
351.8
47.1

484.9
404.9
356.6
48.3

496.7
413.2
363.5
49.7

518.4
430.2
376.3
53.8

529.3
441.5
385.6
55.9

542.0
450.3
392.8
57.5

565.2
465.9
406.7
59.2

27

72.9

69.5

66.8

60.7

53.0

55.0

53.8

48.9

60.5

60.8

62.2

65.1

70.0

69.4

72.6

78.8

28
29
30
31
32
33

73.8
35.0
38.7
19.1
19.6
-5.2

70.9
33.8
37.2
19.3
17.9
-5.7

67.6
32.4
35.2
18.9
16.3
-4.7

65.2
31.4
33.8
19.2
14.6
-7.9

58.0
27.4
30.6
18.4
12.2
-8.2

57.5
27.2
30.2
18.7
11.5
-5.2

58.1
27.8
30.3
18.3
12.0
-6.4

53.6
25.6
28.0
18.7
9.3
-6.4

62.7
29.5
33.2
19.2
14.0
-3.6

64.5
30.4
34.1
17.9
16.2
-5.1

66.4
29.4
37.0
19.4
17.6
-5.8

67.9
29.7
38.2
17.4
20.7
-3.9

72.9
32.0
40.9
20.3
20.6
-5.1

72.7
31.9
40.8
20.1
20.6
-5.6

76.0
33.2
42.8
20.1
22.7
-6.3

84.9
37.2
47.7
20.0
27.7
-9.4

Net domestic product
Indirect business tax and
nontax liability plus business
transfer payments less subsidies.
Domestic income
Compensation of employees
Wages and salaries
Supplements to wages and
salaries.
Corporate profits with inventory valuation and capital
consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment.
Capital consumption adjustment.
Net interest

Net domestic product
Indirect business tax and
nontax liability plus business
transfer payments less subsidies.
Domestic income
Compensation of employees
Wages and salaries
Supplements to wages and
salaries.
Corporate profits with inventory valuation and capital
consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment.
Capital consumption adjustment.
Net interest

34

4.3

4.3

3.9

3.4

3.2

2.8

2.1

1.7

1.3

1.4

1.5

1.1

2.2

2.3

2.9

3.4

35

11.8

12.6

13.6

14.4

15.5

16.7

17.6

18.1

17.9

17.9

17.8

18.4

18.2

18.4

19.2

20.5

Billions of 1972 dollars
Gross domestic product of 36
nonfinancial
corporate
business.

598.3

603.5

607.7

606.3

599.2

599.7

605.1

594.2

615.8

621.5

628.9

641.0

658.6

671.3

680.9

701.1

37

52.8

53.5

54.3

55.1

55.8

56.5

57.1

57.7

58.3

58.9

59.5

60.2

60.9

64.0

62.4

63.1

38
39

545.6
65.8

550.0
66.3

553.4
66.7

551.2
66.9

543.4
67.0

543.2
67.1

548.0
67.8

536.5
67.8

557.5
69.1

562.7
69.8

569.4
70.4

580.8
71.4

597.7
72.9

607.3
74.4

618.6
75.7

638.0
77.5

40

479.8

483.7

486.7

484.3

476.4

476.1

480.3

468.7

488.3

492.9

499.0

509.4

524.9

532.9

542.9

560.5

Capital consumption allowances
with capital consumption adjustment.
Net domestic product
Indirect business tax
and
nontax liability plus business
transfer payments less subsidies.
Domestic income




Table 1.13.—Gross Domestic Product of Corporate Business in Current Dollars and Gross Domestic Product of Nonfinancial Corporate Business in
Current and Constant Dollars: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-76—Continued
1974

1973
Line
I

III

II

IV

I

II

1976

1975
IV

III

1

I

II

III

IV

I

II

III

IV

Billions of dollars

1

779.4

791.6

805.0

828.5

835.6

858.5

876.0

888.6

888.5

914.5

958.2

989.1

1,028.3

1,040.3

1,062.6

1,084.2

Capital consumption allowances 2
with capital consumption adjustment.

67.8

70.3

71.9

74.0

76.5

80.6

85.4

91.0

95.0

98.2

100.8

103.9

106.0

108.4

111.1

113.9

3
4

711.6
85.1

721.2
86.4

733.1
87.9

754.5
89.3

759.2
90.5

777.9
93.0

790.6
95.2

797.6
95.4

793.4
95.9

816.2
100.1

857.4
104.2

885.2
106.5

922.3
106.5

931.9
108.9

951.4
111.3

970.3
114.2

5
6
7
8

626.5
515.4
445.4
70.0

634.8
529.0
457.4
71.5

645.2
541.9
468.7
73.1

665.2
557.2
481.8
75.4

668.7
569.0
490.5
78.5

684.9
584.3
503.5
80.8

695.4
599.5
516.1
83.5

702.2
604.9
519.5
85.4

697.6
600.0
513.6
86.3

716.2
604.6
516.7
88.0

753.2
622.2
531.2
91.0

778.8
642.8
548.4
94.4

815.8
668.6
567.8
100.8

823.0
685.0
581.0
104.0

840.2
702.8
595.4
107.4

856.1
721.2
610.4
110.8

9

100.0

94.3

90.6

93.6

82.7

81.4

74.9

75.4

75.7

89.2

109.5

115.7

129.0

122.1

123.1

121.1

10
11
12
13
14
15

111.7
49.2
62.5
20.0
42.6
-15.0

113.9
50.0
63.9
20.6
43.3
-22.5

109.1
47.8
61.3
20.8
40.5
-20.4

112.9
49.2
63.7
20.8
43.0
-22.0

112.9
48.4
64.5
19.2
45.3
-32.0

119.2
51.2
68.0
21.9
46.1
-37.8

130.8
55.8
75.0
21.0
54.0
-53.4

118.7
50.8
67.9
19.2
48.7
-36.5

99.1
42.3
56.8
24.3
32.5
-14.9

106.8
45.3
61.5
24.1
37.4
-8.0

132.1
56.3
75.8
24.6
51.3
-12.2

138.6
58.6
80.1
25.6
54.5
-11.2

152.3
64.9
87.4
25.4
62.0
-10.4

151.5
63.8
87.6
29.4
58.2
-15.5

152.9
63.9
89.0
30.3
58.8
-15.6

151.6
62.8
88.8
31.4
57.3
-17.3
-13.2

Gross domestic product of
corporate business.

Net domestic product
Indirect business tax and
nontax liability plus business
transfer payments less subsidies.
Domestic income
Compensation of employees
Wages and salaries
Supplements to wages and
salaries.
Corporate profits with inventory valuation and capital
consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment.
Capital consumption adjustment.
Net interest

16

3.3

2.8

1.9

2.7

1.9

.0

-2.5

-6.8

-8.6

-9.6

-10.4

-11.7

-12.9

-13.8

-14.3

17

11.1

11.6

12.7

14.4

16.9

19.2

20.9

21.9

21.9

22.3

21.5

20.2

18.2

15.9

14.3

13.8

Gross domestic product of
financial corporate business.

18

41.0

41.7

41.6

42.5

42.8

44.9

48.0

47.3

47.9

46.6

47.3

48.7

51.0

51.3

52.9

55.0

Gross domestic product of
nonfinancial
corporate
business.

19

738.4

749.8

763.5

786.0

792.8

813.6

828.0

841.3

840.6

867.9

911.0

940.4

977.3

989.0

1,009.6

1,029.3

Capital consumption allowances 20
with capital consumption adjustment.

64.9

67.3

68.7

70.7

73.0

76.8

81.4

86.7

90.6

93.7

96.1

99.1

101.1

103.4

106.0

108.6

21
22

673.5
81.8

682.6
83.0

694.8
84.3

715.3
85.6

719.8
86.8

736.8
89.3

746.6
91.4

754.6
91.5

750.0
91.8

774.2
95.6

814.8
99.5

841.3
101.6

876.2
101.7

885.6
104.1

903.7
106.4

920.7
109.2

23
24
25
26

591.7
486.5
421.0
65.6

599.6
499.7
432.7
67.0

610.5
512.0
443.5
68.5

629.7
526.6
455.9
70.7

633.0
537.6
463.9
73.6

647.5
551.9
476.1
75.8

655.2
565.9
487.6
78.3

663.1
570.6
490.5
80.1

658.2
564.6
484.0
80.6

678.6
568.7
486.5
82.1

715.3
585.7
500.6
85.1

739.7
605.3
517.0
88.3

774.5
630.2
535.8
94.3

781.5
645.5
548.1
97.4

797.3
662.3
561.7
100.6

811.5
679.6
575.8
103.9

27

84.1

77.7

74.8

77.9

68.2

66.5

58.7

60.9

62.7

78.8

98.8

104.0

114.2

106.5

105.8

102.6

28
29
30
31
32
33

95.9
40.4
55.4
20.3
35.1
-15.0

97.4
40.8
56.6
21.0
35.7
-22.5

93.4
38.6
54.7
21.5
33.2
-20.4

97.3
40.0
57.4
21.4
36.0
-22.0

98.5
39.4
59.2
20.2
39.0
-32.0

104.4
41.8
62.6
23.0
39.6
-37.8

114.5
45.6
68.9
22.0
47.0
-53.4

103.9
41.3
62.7
20.6
42.1
-36.5

85.8
31.9
53.9
25.5
28.4
-14.9

96.0
36.6
59.4
25.3
34.0
-8.0

121.0
47.5
73.6
25.6
48.0
-12.2

126.5
49.0
77.5
26.5
51.0
-11.2

137.0
54.5
82.5
26.6
55.9
-10.4

135.4
53.2
82.2
30.3
51.9
-15.5

135.1
52.4
82.8
31.2
51.6
-15.6

132.4
50.6
81.8
32.3
49.6
-17.3

Net domestic product
Indirect business tax and
nontax liability plus business
transfer payments less subsidies.
Domestic income
Compensation of employees
Wages and salaries
Supplements to wages and
salaries.
Corporate profits with inventory valuation and capital
consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment.
Capital consumption adjustment.
Net interest

34

3.2

2.7

1.9

2.6

1.7

.0

-2.4

-6.5

-8.3

-9.2

-10.0

-11.3

-12.4

-13.4

-13.7

-12.6

35

21.1

22.2

23.6

25.2

27.2

29.1

30.6

31.7

31.0

31.1

30.7

30.4

30.2

29.5

29.2

29.3

36

Billions of 1972 dollars

Gross domestic product of 36
nonfinancial
corporate
business.

726.9

731.3

734.2

735.3

723.8

714.1

703.6

691.2

670.3

683.5

706.2

716.8

738.4

742.3

748.9

752.3

37

63.8

65.4

65.5

66.4

67.3

68.3

69.1

70.0

70.7

71.4

72.1

72.8

73.5

74.3

74.8

75.4

38
39

663.1
79.1

665.9
79.3

668.7
79.9

668.9
79.6

656.5
78.0

645.8
78.2

634.4
78.3

621.2
77.8

599.6
77.7

612.0
78.7

634.1
79.6

644.0
80.4

665.0
81.5

668.0
82.2

674.1
82.9

676.9
84.0

40

584.0

586.6

588.7

589.3

578.5

567.6

556.1

543.4

521.9

533.3

554.5

563.6

583.5

585.8

591.2

592.9

Capital consumption allowances
with capital consumption adjustment.
Net domestic product
Indirect business tax and
nontax liability plus business
transfer payments less subsidies.
Domestic income




Table 1.14.—Auto Output: Annually and Seasonally Adjusted Quarterly Totals at Annual Rates, 1947-76
[Billions of dollars]
Line
Auto output

1947

1

1950

1949

1951

1952

1953

1954

1955

1956

1957

1958

1959

1960

1961

7.2

8.8

11.9

15.4

13.3

12.0

16.1

14.7

21.2

16.9

19.4

14.4

19.4

21.3

17.8

7.1
4.8
4.0
.8
1.8
1.9
-.1
.4
.4
.0
.1

Final sales
2
Personal consumption expenditures
3
New autos
4
Net purchases of used autos
5
Producers' durable equipment
6
New autos
7
Net purchases of used autos
8
Net exports
9
Exports
10
Imports
11
Government purchases of goods and 12
services.
Change in business inventories of new
and used autos.
New
Used

1948

8.5
6.2
5.0
1.2
2.0
2.3
-.3
.3
.3
.0
.1

11.8
9.0
7.7
1.3
2.5
3.0
-.5
.2
.2
.0
.1

15.2
11.7
10.3
1.4
3.2
3.8
-.6
.2
.2
.0
.1

13.2
10.1
8.6
1.5
2.6
3.4
-.8
.3
.3
.0
.1

11.8
9.3
8.0
1.3
2.2
3.1
-.9
.2
.3
.0
.2

15.6
12.0
11.1
.9
3.2
4.1
-.9
.2
.3
.0
.2

15.0
11.3
10.8
.5
3.3
4.1
-.8
.3
.3
.0
.2

20.2
15.7
13.8
1.9
4.0
4.8
-.8
.3
.4
.1
.2

17.1
13.5
11.6
2.0
3.2
4.0
-.8
.2
.3
.1
.2

18.5
14.7
12.6
2.1
3.6
4.5
-.9
.0
.3
.3
.2

14.8
12.2
9.7
2.5
2.6
3.6
-1.0
-.2
.3
.5
.2

19.2
15.9
13.2
2.7
3.7
4.7
-1.0
-.5
.2
.8
.2

20.4
16.6
14.0
2.6
3.8
4.8
-.9
-.3
.2
.5
.3

18.5
14.8
12.1
2.7
3.5
4.6
-1.1
-.1
.2
.3
.3

13

.1

.3

.1

.2

.1

.1

.5

-.3

1.0

-.2

.9

-.3

.1

1.0

-.7

14
15

.1
.0

.2
.1

.1
.1

.1
.1

.0
.2

-.1
.2

.4
.1

-.3
.0

.9
.1

-.3
.1

.6
.2

-.3
-.1

.0
.1

.9
.0

-.6
-.1

16
17

6.4
.0

7.7
.0

11.0
.0

14.4
.0

12.3
.0

11.2
.1

15.9
.1

15.0
.1

19.9
.1

15.4
.2

17.7
.4

12.5
.8

16.9
1.3

19.1
1.0

15.9
.8

Addenda:
Domestic output of new autos 1
Sales of imported new autos 2

Line
Auto output

1962

1963

1964

1965

1966

1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

1

22.5

25.2

25.9

31.2

30.4

28.0

35.1

34.9

28.7

39.1

41.6

46.2

39.2

40.7

55.9

Final sales
Personal consumption expenditures
New autos
Net purchases of used autos
Producers' durable equipment
New autos
Net purchases of used autos
Net exports
Exports
Imports
Government purchases of goods and
services.

2
3
4
5
6
7
8
9
10
11
12

22.4
18.0
15.0
3.0
4.3
5.5
-1.2
-.2
.3
.4
.3

24.7
20.5
17.2
3.3
4.0
5.4
-1.3
-.2
.3
.5
.4

26.1
21.8
18.3
3.5
4.2
5.5
-1.4
-.2
.4
.6
.4

30.5
25.3
21.4
3.9
5.1
6.6
-1.5
-.3
.4
.7
.4

29.6
25.1
21.0
4.1
4.8
6.6
-1.8
-.7
.6
1.2
.4

28.6
24.5
20.0
4.5
4.6
6.6
-2.0
-.9
.8
1.7
.4

33.9
29.3
24.5
4.8
6.0
8.2
-2.2
-1.8
1.0
2.8
.4

34.8
30.3
25.1
5.2
6.3
8.7
-2.4
-2.3
1.0
3.4
.5

29.8
27.3
21.9
5.3
4.9
7.6
-2.6
-2.9
.8
3.7
.5

37.8
34.1
28.2
5.9
7.0
9.7
-2.7
-3.9
1.2
5.1
.6

41.9
38.2
31.6
6.6
7.4
10.2
-2.8
-4.4
1.3
5.7
.6

45.4
41.2
33.9
7.3
8.3
11.6
-3.3
-4.7
1.8
6.5
.6

38.1
34.8
27.0
7.8
7.6
11.4
-3.8
-5.0
2.3
7.3
.7

42.3
38.2
29.3
8.9
7.6
12.5
-4.9
-4.2
2.9
7.1
.7

54.6
50.0
38.1
11.9
9.6
15.4
-5.9
-5.7
3.3
8.9
.7

Change in business inventories of new
and used autos.
New
Used

13

.1

.4

-.2

.8

.8

-.6

1.2

.1

-1.2

1.3

-.2

.8

1.1

-1.5

1.3

14
15

.1
.0

.4
.0

-.1
-.1

.9
-.1

.7
.0

-.5
-.1

1.2
.0

.2
-.1

-1.0
-.1

1.2
.1

-.2
-.1

.9
-.1

1.4
-.3

-1.9
.4

1.3
.1

16
17

20.3
.7

22.7
.8

23.3
1.0

28.3
1.3

27.1
1.9

24.5
2.8

30.9
3.9

30.1
5.1

23.8
5.8

33.1
7.0

35.3
8.0

40.0
9.0

32.6
8.9

33.7
10.4

46.2
11.4

Addenda:
Domestic output of new autos 1
Sales of imported new autos 2

1947

Line
II

I
Auto output

1948
III

IV

I

II

1949
III

I

IV

II

1950
III

IV

I

II

1951
IV

III

I

II

III

IV

1

6.7

7.1

6.8

8.1

8.6

7.7

8.9

10.0

10.1

12.5

13.6

11.3

13.4

15.1

17.1

16.1

15.5

13.7

11.9

12.1

Final sales
Personal consumption expenditures
New autos
Net purchases of used autos
Producers' durable equipment
New autos
Net purchases of used autos
Net exports
Exports
Imports
Government purchases of goods and
services.

2
3
4
5
6
7
8
9
10
11
12

6.5
4.4
3.7
.7
1.7
1.7
-.1
.3
.3
.0
.1

7.1
4.8
4.1
.7
1.9
1.9
-.1
.4
.4
.0
.1

6.7
4.5
3.8
.7
1.7
1.8
-.1
.4
.4
.0
.1

7.9
5.4
4.5
.9
2.0
2.1
-.1
.4
.4
.0
.1

8.5
6.0
4.9
1.1
2.1
2.3
-.2
.3
.3
.0
.1

7.7
5.5
4.5
1.1
1.8
2.0
-.2
.2
.3
.0
.1

8.5
6.3
5.0
1.2
2.0
2.2
-.3
.2
.3
.0
.1

9.3
6.9
5.6
1.4
2.1
2.4
-.3
.2
.3
.0
.1

9.8
7.3
6.1
1.3
2.1
2.5
-.4
.2
.3
.0
.1

12.2
9.3
7.9
1.4
2.6
3.1
-.5
.2
.2
.0
.1

12.5
9.6
8.4
1.2
2.6
3.2
-.5
.2
.2
.0
.1

12.5
9.6
8.5
1.1
2.7
3.2
-.5
.2
.2
.0
.1

13.5
10.4
9.3
1.1
2.9
3.4
-.5
.1
.1
.0
.1

14.2
10.9
9.7
1.2
3.0
3.5
-.5
.1
.2
.0
.1

17.1
13.2
11.6
1.6
3.6
4.3
-.7
.2
.2
.0
.1

16.0
12.3
10.7
1.6
3.3
4.0
-.7
.2
.3
.0
.1

15.8
12.1
10.4
1.7
3.2
4.0
-.8
.3
.3
.0
.1

13.4
10.3
8.7
1.6
2.6
3.4
-.8
.4
.4
.0
.1

12.1
9.3
8.0
1.3
2.3
3.1
-.8
.4
.4
.0
.1

11.4
8.8
7.3
1.5
2.1
2.9
-.8
.3
.3
.0
.2

Change in business inventories of new
and used autos.
New
Used

13

.1

.1

.1

.3

.1

.0

.4

.7

.3

.3

1.0

-1.2

-.2

.9

.0

!

-.3

.3

-.2

.8

14
15

.1
.0

.0
.0

.1
.0

.2
.1

.0
.1

-.1
.1

.3
.1

.6
.1

.2
.1

.3
.1

1.0
.1

-1.2
.0

-.2
.1

.8
.1

-.1
.1

.0
.1

-.4
.1

.2
.1

-.5
.3

.6
.1

16
17

5.9
.0

6.4
.0

6.0
.0

7.2
.0

7.5
.0

6.7
.0

7.8
.0

8.8
.0

9.1
.0

11.4
.0

12.8
.0

10.7
.0

12.6
.0

14.2
.0

16.0
.0

15.0
.0

14.3
.0

12.6
.0

11.0
.0

11.2
.1

Addenda:
Domestic output of new autos 1
Sales of imported new autos 2




Table 1.14.—Auto Output: Annually and Seasonally Adjusted Quarterly Totals at Annual Rates, 1947-76—Continued
[Billions of dollars]
1952

1953

I
Auto output
Final sales
Personal consumption expenditures
New autos
Net purchases of used autos
Producers' durable equipment
New autos
Net purchases of used autos
Net exports
Exports
Imports
Government purchases of goods and
services.
Change in business inventories of new
and used autos.
New
Used

II

III

1

11.2

11.6

9.4

2
3
4
5
6
7
8
9
10
11
12

11.8
9.2
7.6
1.6
2.2
3.0
-.9
.2
.3
.0
.2

12.1
9.5
8.1
1.4
2.3
3.2
-.9
.2
.3
.0
.2

9.5
7.5
6.1
1.5
1.7
2.3
-.7
.2
.2
.1
.2

IV

1954
III

IV

I

II

15.7

16.1

16.5

17.2

13.9
10.9
10.1
.7
2.8
3.8
-1.0
.2
.2
.1
.2

15.7
12.3
11.2
1.0
3.0
4.0
-1.0
.2
.3
.1
.2

15.7
12.2
11.2
1.0
3.2
4.1
-.9
.2
.3
.0
.2

15.8
12.0
11.4
.6
3.4
4.3
-.9
.3
.3
.0
.2

1955

I

II

III

14.6

13.9

15.4

14.2

15.0
11.5
10.6
.9
3.2
4.1
-.9
.3
.3
.0
.2

14.6
11.1
9.9
1.1
3.1
3.9
-.8
.3
.3
.0
.2

15.1
11.6
11.5
.1
3.0
3.8
-.8
.3
.3
.0
.2

14.6
10.8
10.5
.3
3.4
4.2
-.9
.2
.3
.0
.2

1956

I

II

III

IV

I

II

15.3

20.3

21.7

22.6

20.4

17.5

17.3

14.5

18.4

15.8
11.8
11.5
.3
3.6
4.6
-.9
.3
.3
.0
.2

18.6
14.2
12.7
1.5
3.9
4.7
-.8
.3
.4
.1
.2

20.7
16.0
14.2
1.8
4.1
4.9
-.8
.3
.4
.1
.2

21.7
16.9
15.1
1.8
4.3
5.1
-.8
.3
.4
.1
.2

19.9
15.7
13.3
2.5
3.7
4.5
-.8
.3
.4
.1
.2

17.8
14.0
11.9
2.0
3.3
4.0
-.8
.3
.4
.1
.2

16.7
13.2
11.4
1.8
3.1
3.9
-.8
.2
.3
.1
.2

16.2
12.9
10.8
2.1
3.0
3.8
-.8
.1
.3
.1
.2

17.8
14.1
12.1
2.0
3.3
4.2
-.9
.2
.3
.2
.2

IV

III

IV

13

-.6

-.5

-.1

1.8

.5

.8

1.4

-.4

-.6

.3

-.4

-.5

1.7

1.0

.9

.5

-.3

.6

-1.7

.6

14
15

-.6
.0

-.7
.2

.1
-.2

.9
.9

.0
.5

.4
.4

.9
.4

.4
-.8

-.1
-.5

-.2
.5

-.5
.1

-.3
-.2

1.3
.4

.8
.2

.5
.4

.9
-.4

-.2
-.1

.4
.2

-1.7
.0

.2
.4

16
17

10.3
.1

10.8
.1

8.7
.1

15.0
.1

15.5
.1

16.0
.1

16.9
.1

15.4
.1

14.0
.1

15.4
.1

14.6
.1

16.0
.1

19.1
.1

20.3
.1

21.1
.1

18.9
.2

16.1
.2

15.9
.2

13.1
.2

16.7
.2

I

II

III

I

II

I

II

I

II

I

II

20.2

19.6

20.8

16.9

14.6

12.8

14.1

16.3

19.8

20.8

21.2

15.6

23.7

21.0

21.5

19.2

14.2

17.6

18.7

20.8

19.3
15.4
13.3
2.0
3.6
4.6
-1.0
.1
.3
.2
.2

18.8
15.0
12.7
2.3
3.6
4.5
-.9
.0
.3
.3
.2

17.8
14.1
12.2
1.9
3.5
4.4
-.9
.0
.3
.3
.2

18.1
14.4
12.1
2.3
3.6
4.5
-.9
-.1
.3
.4
.2

15.0
12.3
9.8
2.5
2.6
3.6
-1.0
-.1
.3
.4
.2

14.4
12.0
9.3
2.6
2.4
3.4
-1.0
-.1
.3
.4
.2

14.2
11.9
9.4
2.5
2.4
3.4
-1.0
-.3
.3
.6
.2

15.3
12.7
10.3
2.4
2.8
3.8
-1.0
-.4
.2
.6
.2

18.5
15.3
12.9
2.4
3.4
4.5
-1.1
-.4
.2
.7
.2

19.8
16.4
13.6
2.8
3.7
4.8
-1.1
-.5
.2
.8
.2

20.8
17.1
14.5
2.6
4.1
5.2
-1.0
-.6
.2
.8
.2

17.9
14.8
11.7
3.1
3.4
4.2
-.8
-.6
.2
.8
.2

20.3
16.4
14.2
2.2
4.2
5.1
-1.0
-.5
.3
.8
.2

20.6
16.9
14.1
2.8
3.8
4.8
-.9
-.4
.2
.6
.3

21.0
17.1
14.6
2.6
3.9
4.8
-.9
-.2
.2
.4
.3

19.5
16.0
13.2
2.8
3.4
4.3
-.9
-.1
.2
.4
.3

17.2
13.6
10.8
2.8
3.3
4.2
-.9
.0
.2
.3
.3

18.0
14.2
11.7
2.6
3.5
4.6
-1.1
-.1
.2
.3
.3

18.6
14.9
12.2
2.7
3.6
4.7
-1.1
-.1
.2
.3
.3

20.3
16.3
13.7
2.6
3.8
5.0
-1.1
-.1
.2
.4
.3

Addenda:
Domestic output of new autos 1
Sales of imported new autos 2

1957

Auto output

1

Final sales
2
Personal consumption expenditures
3
New autos
4
Net purchases of used autos
5
Producers' durable equipment
6
New autos
7
Net purchases of used autos
8
Net exports
9
Exports
10
Imports
11
Government purchases of goods and 12
services.

1959
III

IV

1960
III

IV

1961
III

IV

III

IV

13

.9

.8

3.0

-1.3

-.5

-1.7

-.2

1.0

1.3

1.0

.4

-2.3

3.4

.4

.4

-.4

-3.0

-.3

.1

.5

14
15

.6
.3

.7
.1

2.6
.4

-1.3
.1

-.3
-.1

-1.4
-.3

-.2
.0

.8
.1

.9
.5

.9
.1

.1
.3

-1.7
-.6

2.9
.5

.5
-.1

.5
-.1

-.2
-.2

-2.5
-.5

-.3
.0

.2
-.1

.4
.1

16
17

18.7
.3

17.9
.4

19.1
.5

15.1
.5

12.8
.6

11.0
.7

12.2
.8

14.2
1.0

17.4
1.2

18.3
1.3

18.7
1.3

13.1
1.3

21.2
1.2

18.7
1.1

19.4
1.0

17.2
.9

12.4
.8

15.7
.8

00 00
00 00
<x>
<x>

Change in business inventories of new
and used autos.
New
Used

1958
IV

18.8
.7

I

II

I

II

I

II

I

II

I

II

III

1

21.3

21.4

23.5

23.7

24.2

24.5

25.5

26.5

26.5

26.7

26.9

23.6

32.6

31.2

30.4

30.8

32.8

30.0

28.6

30.1

Final sales
Personal consumption expenditures
New autos
Net purchases of used autos
Producers' durable equipment
New autos
Net purchases of used autos
Net exports
Exports
Imports
Government purchases of goods and
services.

2
3
4
5
6
7
8
9
10
11
12

21.3
17.0
14.2
2.8
4.1
5.2
-1.1
-.2
.3
.4
.3

22.3
18.0
15.0
2.9
4.1
5.4
-1.2
-.1
.3
.4
.3

22.2
17.7
14.4
3.3
4.3
5.6
-1.2
-.2
.3
.5
.3

23.7
19.2
16.4
2.8
4.4
5.7
-1.3
-.2
.3
.5
.3

24.2
19.8
16.7
3.1
4.2
5.6
-1.3
-.2
.2
.4
.4

24.7
20.6
17.4
3.2
3.9
5.2
-1.4
-.1
.3
.5
.4

24.6
20.6
16.9
3.7
3.8
5.1
-1.3
-.2
.3
.5
.4

25.5
21.1
17.9
3.2
4.1
5.6
-1.4
-.1
.4
.5
.4

26.1
21.7
18.1
3.6
4.1
5.5
-1.4

27.7
23.0
19.6
3.4
4.5
6.0
-1.4

.4
.5
.4

26.2
21.9
18.5
3.4
4.2
5.6
-1.4
-.2
.4
.6
.4

24.5
20.6
16.9
3.7
3.8
5.0
-1.2
-.3
.3
.6
.3

31.3
25.6
22.1
3.5
5.4
7.0
-1.6
-.1
.4
.5
.4

30.0
24.8
20.9
3.9
5.1
6.6
-1.5
-.3
.4
.7
.4

30.4
25.4
21.1
4.3
4.9
6.3
-1.4
-.3
.3
.6
.4

30.2
25.4
21.3
4.1
4.9
6.5
-1.6
-.4
.5
.9
.4

31.8
27.0
22.7
4.2
5.1
6.9
-1.7
-.7
.5
1.1
.4

28.4
24.0
19.9
4.1
4.6
6.3
-1.7
-.6
.4
1.0
.4

29.1
24.8
20.9
3.9
4.5
6.2
-1.7
-.6
.6
1.2
.4

29.0
24.6
20.6
4.0
4.8
6.9
-2.1
-.8
.8
1.6
.4

Change in business inventories of new
and used autos.
New
Used

13

.0

-.9

1.3

.0

.0

-.2

.8

1.0

.4

.5

-.8

-.9

1.2

1.2

.0

.6

.9

1.6

-.5

1.0

14
15

.0
.0

-.9
.0

1.6
-.3

-.4
.3

.0
.1

-.3
.1

1.3
-.4

.7
.3

.6
-.1

.4
.1

-.9
.1

-.4
-.4

1.0
.3

1.5
-.2

.5
-.6

.6
.0

1.0
-.1

1.8
-.2

-.6
.0

.6
.4

16
17

19.1
.7

19.3
.7

21.4
.6

21.4
.7

21.9
.8

22.1
.8

23.0
.8

24.0
.8

23.9
.9

24.1
1.0

24.2
1.0

21.0
1.0

29.8
1.1

28.3
1.2

27.4
1.3

27.6
1.6

29.3
1.8

26.9
1.6

25.3
1.9

26.7
2.3

Addenda:
Domestic output of new autos 1
Sales of imported new autos 2

1962

Auto output

1963
III

IV

1964
III

IV

-.2

1965
III

IV

-.2

.4
.6
.4

1966
III

IV

IV

Addenda:
Domestic output of new autos 1
Sales of imported new autos 2




Table 1.14.—Auto Output: Annually and Seasonally Adjusted Quarterly Totals at Annual Rates, 1947-76—Continued
[Billions of dollars]
1967

1968

Line
I
Auto output

II

III

IV

I

II

1969
III

IV

I

II

1970
III

IV

I

II

1971
III

IV

I

II

III

IV

1

25.5

28.3

28.8

29.2

34.1

35.5

34.9

36.0

36.6

33.3

36.7

33.0

29.2

33.4

31.9

20.1

41.9

38.5

36.8

39.2

Final sales
Personal consumption expenditures
New autos
Net purchases of used autos
Producers' durable equipment
New autos
Net purchases of used autos
Net exports
Exports..
Imports
Government purchases of goods and
services.

2
3
4
5
6
7
8
9
10
11
12

26.8
22.9
18.8
4.1
4.3
6.1
-1.8
-.7
.8
1.5
.4

29.8
25.5
21.2
4.3
4.7
6.8
-2.2
-.8
.8
1.6
.4

29.3
25.0
20.4
4.7
4.7
6.9
-2.2
-.9
.8
1.7
.4

28.6
24.6
19.8
4.9
4.7
6.7
-2.0
-1.2
.9
2.0
.4

32.9
28.0
23.6
4.4
5.6
7.7
-2.1
-1.2
1.1
2.3
.4

33.0
28.5
23.9
4.6
5.7
7.8
-2.1
-1.7
1.0
2.7
.4

35.1
30.6
25.4
5.2
6.2
8.4
-2.2
-2.1
.9
3.0
.4

34.7
30.1
25.2
4.9
6.5
8.7
-2.2
-2.2
1.0
3.2
.5

36.0
30.7
25.4
5.3
6.3
8.6
-2.3
-1.5
1.1
2.5
.5

34.4
30.0
24.9
5.1
6.5
8.8
-2.4
-2.6
1.0
3.5
.5

34.7
30.5
25.3
5.1
6.4
8.8
-2.4
-2.7
1.0
3.7
.5

33.9
30.0
24.8
5.2
6.1
8.6
-2.5
-2.6
1.0
3.7
.5

30.8
27.8
22.8
5.0
5.4
7.9
-2.5
-2.9
.7
3.5
.5

32.3
29.0
23.5
5.5
5.4
8.4
-3.0
-2.7
1.1
3.8
.5

31.9
29.0
23.6
5.5
5.0
8.0
-3.0
-2.7
.9
3.7
.5

24.5
23.3
17.9
5.3
3.9
5.9
-2.0
-3.2
.6
3.8
.5

36.6
32.8
27.4
5.3
6.7
9.7
-3.1
-3.5
1.1
4.6
.6

37.5
33.7
27.7
6.0
6.8
9.4
-2.6
-3.5
1.3
4.8
.6

37.8
34.3
28.1
6.1
7.3
9.9
-2.6
-4.4
1.3
5.7
.6

39.3
35.7
29.6
6.1
7.3
9.9
-2.5
-4.3
1.0
5.3
.6

Change in business inventories of new
and used autos.
New
Used

13

-1.3

-1.4

-.5

.7

1.2

2.5

-.2

1.3

.6

-1.2

2.0

-.9

-1.5

1.2

.1

-4.4

5.3

1.0

-1.0

-.1

14
15

-1.2
-.1

-1.6
.1

-.5
-.1

1.0
-.4

.9
.3

2.5
.0

.1
-.3

1.3
.0

.8
-.2

-1.1
-.1

2.0
.1

-.9
.0

-1.7
.1

1.1
.1

-.2
.3

-3.3
-1.0

4.7
.6

1.2
-.1

-1.0
.0

.1
-.1

16
17

22.4
2.2

25.1
2.7

25.3
3.0

25.3
3.0

30.0
3.4

31.5
3.7

30.6
4.3

31.6
4.3

32.1
4.2

28.6
4.8

31.6
5.4

28.2
5.8

24.4
5.5

28.4
5.8

26.6
5.9

15.8
5.9

36.2
6.6

32.5
7.0

30.6
7.6

33.1
6.9

I

II

I

II

I

II

I

II

I

II

Addenda:
Domestic output of new autos 1
Sales of imported new autos 2

1972

1973

Line
Auto output
Final sales
Personal consumption expenditures
New autos
Net purchases of used autos
Producers' durable equipment
New autos
Net purchases of used autos
Net exports
Exports
Imports
Government purchases of goods and
services.
Change in business inventories of new
and used autos.
New
Used

III

IV

1974
III

IV

1975
III

IV

1976
III

IV

III

IV

1

41.7

41.0

38.2

45.7

52.8

44.8

44.3

43.1

36.6

36.8

44.4

39.1

32.5

38.3

46.2

46.0

54.9

56.3

53.0

59.4

2
3
4
5
6
7
8
9
10
11
12

39.4
36.1
29.9
6.2
7.2
9.5
-2.3
-4.5
1.1
5.6
.6

40.9
37.4
31.0
6.4
7.2
9.8
-2.6
-4.3
1.3
5.6
.6

42.5
38.6
31.7
6.8
7.3
10.1
-2.8
-4.0
1.4
5.4
.6

44.7
40.9
33.8
7.1
8.0
11.4
-3.4
-4.8
1.5
6.3
.6

48.6
44.2
36.7
7.5
8.4
11.9
-3.6
-4.6
1.7
6.4
.6

47.5
43.0
35.6
7.4
8.7
12.3
-3.5
-4.8
1.8
6.6
.6

45.5
41.0
33.5
7.5
8.6
12.0
-3.4
-4.6
1.8
6.4
.6

40.0
36.8
29.9
6.9
7.4
10.3
-2.8
-4.8
2.0
6.8
.6

37.3
34.2
27.1
7.0
7.7
10.8
-3.0
-5.1
2.2
7.3
.6

37.3
34.4
27.1
7.2
7.6
11.0
-3.4
-5.3
2.2
7.5
.7

41.7
38.0
29.8
8.1
8.2
12.6
-4.4
-5.2
2.3
7.6
.7

36.0
32.6
23.8
8.8
6.9
11.1
-4.2
-4.2
2.6
6.8
.7

38.0
34.6
26.9
7.7
6.5
10.7
-4.2
-3.8
2.5
6.3
.7

38.9
34.8
26.1
8.7
7.1
11.7
-4.5
-3.8
2.6
6.4
.7

45.0
40.5
31.1
9.5
8.3
13.8
-5.5
-4.6
3.1
7.7
.7

47.3
43.0
33.1
9.9
8.4
13.9
-5.5
-4.9
3.3
8.2
.7

52.6
48.5
37.7
10.8
9.2
14.8
-5.6
-5.8
3.2
8.9
.7

53.3
49.4
37.4
12.0
9.2
15.2
-5.9
-6.0
3.2
9.2
.7

54.9
49.9
37.4
12.5
9.6
15.4
-5.9
-5.4
3.2
8.7
.7

57.6
52.1
39.8
12.3
10.3
16.3
-6.0
-5.6
3.5
9.0
.8

13

2.3

.1

-4.3

1.0

4.2

-2.8

-1.2

3.1

-.7

-.5

2.7

3.1

-5.5

-.6

1.3

-1.3

2.3

3.0

-1.8

1.8

14
15

2.5
-.2

.0
.1

-4.0
-.3

.9
.1

4.1
.1

-2.8
.0

-1.0
-.2

3.3
-.2

-.2
-.6

-.2
-.3

2.3
.4

3.7
-.6

-6.0
.5

-.5
-.1

.8
.5

-2.0
.7

1.7
.5

3.2
-.2

-1.4
-.4

1.5
.3

16
17

35.5
7.2

34.6
7.6

31.7
8.2

39.5
8.9

46.3
9.0

38.6
9.4

38.4
8.7

36.8
9.1

29.5
9.4

30.9
8.1

36.5
9.5

33.6
8.7

26.2
10.2

32.1
9.8

38.5
10.9

37.9
10.5

46.0
10.3

46.2
11.0

44.0
11.9

48.8
12.5

Addenda:
Domestic output of new autos 1
Sales of imported new autos 2
1
2

Consists of final sales and change in business inventories of new autos produced in the United States.
Consists of personal consumption expenditures, producers' durable equipment, and government purchases.

Table 1.15.—Auto Output in Constant Dollars: Annually and Seasonally Adjusted Quarterly Totals at Annual Rates, 1947-76
[Billions of 1972 dollars]
Line
Auto output
Final sales
Personal consumption expenditures
New autos
Net purchases of used autos
Producers' durable equipment
New autos
Net purchases of used autos
Net exports
Exports
Imports
Government purchases of goods and
services.
Change in business inventories of new
and used autos.
New
Used

1947

1948

1949

1950

1951

1952

1953

1954

1955

1956

1957

1958

1959

1960

1961

1

12.3

13.9

18.0

23.0

19.3

17.1

22.6

21.6

29.8

23.0

24.5

18.6

23.2

25.3

21.2

2
3
4
5
6
7
8
9
10
11
12

12.0
8.5
6.5
2.0
2.8
3.1
-.2
.6
.6
.0
.2

13.5
10.2
7.3
2.8
2.8
3.3
-.5
.4
.5
.1
.2

17.8
14.0
10.3
3.7
3.4
4.0
-.7
.3
.3
.0
.1

22.6
18.0
13.7
4.3
4.2
5.1
-.8
.2
.3
.0
.2

19.2
15.4
11.0
4.4
3.1
4.3
-1.1
.4
.5
.0
.2

17.0
14.0
9.3
4.7
2.5
3.6
-1.2
.3
.3
.1
.2

22.0
17.5
12.9
4.6
3.9
4.8
-.8
.3
.4
.1
.2

22.0
17.7
12.4
5.3
3.7
4.7
-1.0
.3
.4
.1
.2

28.6
23.1
17.5
5.7
4.9
6.1
-1.2
.4
.5
.1
.3

23.2
19.5
13.9
5.6
3.2
4.8
-1.6
.2
.4
.2
.3

23.5
19.7
14.3
5.4
3.6
5.1
-1.5
-.1
.4
.4
.3

19.0
16.5
10.6
5.8
2.6
3.9
-1.3
-.4
.3
.7
.3

23.0
19.7
13.8
5.9
3.8
4.9
-1.1
-.8
.2
1.0
.3

24.4
20.6
14.9
5.7
3.9
5.1
-1.1
-.5
.3
7
.3

22.0
18.2
12.8
5.3
3.6
49
-1.3
-.2
.3
.4

A

13

.2

.4

.2

.3

.1

.2

.7

-.4

1.1

-.2

1.0

-.4

.2

1.0

— .7

14
15

.1
.1

.2
.1

.1
.1

.2
.1

-.1
.3

-.1
.3

.5
.1

-.4
.0

1.0
.2

-.4
.3

.6
.4

-.3
-.1

.1
.1

.9
.0

— 6
-.1

16
17

10.3
.0

11.3
.0

14.8
.0

19.2
.0

15.6
.1

13.1
.1

18.5
.1

17.1
.1

24.9
.2

18.5
.2

19.9
.4

13.9
.9

17.7
1.3

20.3
1.1

16.9
.8

Addenda:
Domestic output of new autos 1
Sales of imported new autos 2




Table 1.15.—Auto Output in Constant Dollars: Annually and Seasonally Adjusted Quarterly Totals at Annual Rates, 1947-76—Continued
[Billions of 1972 dollars]
Line
Auto output

1962

1963

1964

1965

1966

1967

1968

1969

1970

1971

1972

1973

1974

1976

1975

1

26.0

28.7

29.4

35.7

34.8

31.8

38.5

37.4

29.8

38.9

41.6

46.4

37.1

35.7

45.3

Final sales
Personal consumption expenditures
New autos
Net purchases of used autos
Producers' durable equipment
New autos
Net purchases of used autos
Net exports
Exports
Imports
Government purchases of goods and
services.

2
3
4
5
6
7
8
9
10
11
12

25.8
21.3
16.0
5.2
4.5
5.8
-1.4
-.3
.3
.6
.4

28.3
23.9
18.5
5.4
4.3
5.7
-1.5
-.3
.3
.6
.5

29.5
25.0
19.7
5.3
4.5
5.9
-1.4
-.4
.4
.8
.5

34.8
29.2
23.5
5.7
5.6
7.3
-1.7
-.4
.4
.9
.5

34.0
29.1
23.6
5.6
5.3
7.3
-2.0
-1.0
.6
1.6
.5

32.6
28.1
22.2
5.9
5.1
7.3
-2.2
-1.2
.9
2.1
.5

37.1
32.4
26.5
6.0
6.5
8.8
-2.3
-2.3
1.1
3.4
.5

37.3
32.9
26.7
6.2
6.7
9.3
-2.5
-2.9
1.1
3.9
.5

31.0
28.8
22.7
6.2
5.0
7.8
-2.8
-3.4
.9
4.3
.5

37.5
34.2
28.0
6.2
7.0
9.7
-2.7
-4.3
1.2
5.4
.6

41.9
38.2
31.6
6.6
7.4
10.2
-2.8
-4.4
1.3
5.7
.6

45.5
40.7
33.9
6.8
8.5
11.6
-3.1
-4.3
1.8
6.1
.6

36.2
32.2
25.5
6.7
7.3
10.7
-3.4
-4.0
2.2
6.2
.6

37.0
32.0
25.4
6.6
7.2
10.9
-3.7
-2.8
2.5
5.3
.6

44.4
38.7
31.1
7.5
8.7
12.6
-3.9
-3.6
2.7
6.3
.6

Change in business inventories of new
and used autos.
New
Used

13

.1

.4

-.2

.9

.8

-.8

1.4

.1

-1.2

1.4

-.2

.9

.9

-1.3

.9

14
15

.1
.0

.4
.0

-.1
-.1

1.0
-.2

.8
.0

-.7
-.1

1.4
.0

.2
-.1

-1.1
-.1

1.3
.1

-.2
-.1

1.0
-.1

1.1
-.2

-1.6
.3

.8
.0

16
17

21.7
.7

24.4
.8

25.0
1.1

31.1
1.4

30.3
2.1

27.2
3.0

33.4
4.2

32.0
5.4

24.6
6.0

32.9
7.0

35.3
8.0

40.0
9.0

30.8
8.4

29.2
9.0

37.8
9.3

Addenda:
Domestic output of new autos 1
Sales of imported new autos 2

1947

1948

.Line
I
Auto output

1

Final sales
2
Personal consumption expenditures
3
New autos
4
Net purchases of used autos
5
Producers' durable equipment
6
New autos
7
Net purchases of used autos
8
Net exports
9
Exports
10
Imports
11
Government purchases of goods and 12
services.
Change in business inventories of new
and used autos.
New
Used

II

11.7

12.4

11.5

11.4
8.0
6.1
1.9
2.7
2.9
-.2
.6
.6
.0
.2

12.3
8.5
6.8
1.8
2.9
3.2
-.2
.7
.7
.0
.2

11.3
7.9
6.0
1.9
2.6
2.8
-.2
.6
.6
.0
.2

III

1949

I

II

13.5

14.1

12.4

13.7

13.1
9.3
6.9
2.4
3.0
3.3
-.3
.6
.6
.0
.2

14.0
10.2
7.6
2.6
3.1
3.6
-.5
.5
.5
.0
.2

12.5
9.3
6.9
2.4
2.7
3.1
-.5
.4
.4
.0
.2

13.3
10.0
7.2
2.8
2.7
3.2
-.5
.4
.4
.1
.1

IV

III

IV

1950

1951

I

II

15.3

15.4

19.1

20.3

17.0

19.8

22.2

25.6

14.4
11.1
7.7
3.4
2.8
3.3
-.5
.4
.4
.1
.1

15.0
11.7
8.2
3.4
2.9
3.4
-.5
.3
.4
.0
.1

18.6
14.7
10.6
4.1
3.5
4.2
-.7
.3
.3
.0
.2

18.9
14.9
11.2
3.8
3.5
4.2
-.7
.3
.3
.0
.1

18.6
14.7
11.3
3.4
3.5
4.3
-.7
.2
.3
.0
.1

20.0
15.9
12.4
3.5
3.8
4.6
-.7
.2
.2
.0
.2

20.9
16.6
12.9
3.7
4.0
4.7
-.7
.2
.2
.0
.2

25.5
20.3
15.4
4.9
4.8
5.7
-.9

III

IV

I

II

III

IV

I

II

24.3

22.4

19.9

17.6

17.2

.3
.0
.2

24.0
19.2
14.2
5.0
4.4
5.4
-1.0
.3
.4
.0
.2

22.8
18.2
13.6
4.6
4.0
5.2
-1.2
.4
.5
.0
.2

19.6
15.6
11.3
4.4
3.2
4.4
-1.2
.5
.5
.0
.2

17.8
14.3
10.1
4.2
2.8
4.0
-1.1
.5
.5
.0
.2

16.4
13.4
9.0
4.4
2.5
3.6
-1.1
.4
.4
.0
.2

.2

III

IV

13

.3

.1

.1

.4

.1

-.1

.5

.9

.4

.5

1.4

-1.6

-.2

1.2

.0

.2

-.4

.4

-.2

.8

14
15

.2
.1

.0
.1

.0
.1

.3
.2

.0
.2

-.2
.2

.3
.1

.8
.1

.2
.1

.4
.1

1.3
.1

-1.6
.1

-.3
.1

1.1
.1

-.1
.2

.0

.2

-.6
.2

.2
.2

-.6
.4

.6
.2

16
17

9.8
.0

10.6
.0

9.5
.0

11.2
.0

11.6
.0

10.2
.1

11.1
.1

12.1
.0

12.3
.0

15.4
.0

17.1
.0

14.2
.0

16.9
.0

18.9
.0

21.3
.0

19.9
.0

18.7
.0

16.4
.0

14.0
.1

13.5
.1

I

II

I

II

I

II

I

II

Addenda:
Domestic output of new autos 1
Sales of imported new autos 2

1952

1953

Line

1955

1956

II

1

15.9

17.1

14.1

21.5

22.0

22.4

23.6

22.5

20.5

21.6

21.3

22.9

28.9

30.6

31.0

28.6

24.3

23.7

20.1

23.8

Final sales
Personal consumption expenditures
New autos
Net purchases of used autos
Producers' durable equipment
New autos
Net purchases of used autos
Net exports
Exports
Imports
Government purchases of goods and
services.

2
3
4
5
6
7
8
9
10
11
12

16.8
13.9
9.0
4.9
2.4
3.6
-1.2
.3
.4
.0
.2

17.6
14.7
9.5
5.2
2.4
3.7
-1.3
.3
.3
.1
.2

14.3
12.0
7.1
4.9
1.9
2.7
-.8
.2
.3
.1
.2

19.2
15.6
11.7
3.9
3.1
4.4
-1.3
.2
.3
.1
.2

21.4
17.4
12.9
4.4
3.6
4.6
-1.1
.3
.3
.1
.2

21.5
17.1
13.0
4.1
3.9
4.7
-.9
.3
.4
.1
.2

22.1
17.3
13.2
4.1
4.1
5.0
-.8
.3
.4
.1
.2

22.9
18.2
12.4
5.8
4.2
4.8
-.6
.3
.4
.0
.2

21.3
17.0
11.4
5.5
3.9
4.5
-.6
.3
.4
.1
.2

21.1
17.2
12.6
4.5
3.4
4.2
-.8
.4
.4
.1
.2

21.8
17.5
12.1
5.4
3.8
4.9
-1.1
.3
.4
.1
.2

23.7
19.1
13.3
5.8
4.0
5.3
-1.3
.3
.4
.1
.2

26.7
21.3
16.1
5.2
4.8
6.0
-1.1
.4
.5
.1
.2

29.5
23.7
18.0
5.6
5.1
6.3
-1.1
.4
.5
.1
.3

30.0
24.2
18.8
5.4
5.1
6.4
-1.3
.4
.5
.1
.3

28.4
23.4
16.8
6.6
4.4
5.7
-1.2
.3
.4
.1
.3

24.8
20.6
14.7
5.9
3.6
5.0
-1.4
.4
.5
.1
.3

22.9
19.3
13.8
5.5
3.2
4.7
-1.5
.2
.4
.2
.3

22.1
18.8
12.8
6.0
2.8
4.5
-1.6
.1
.3
.2
.3

22.8
19.3
14.2
5.1
3.1
5.0
-1.9
.2
.4
.2
.3

Change in business inventories of new
and used autos.
New
Used

13

-.9

-.6

-.2

2.3

.6

.9

1.6

-.5

-.8

.4

-.4

-.8

2.2

1.2

1.0

.2

-.5

•8

-2.0

.9

14
15

-.8
.0

-.8
.3

.1
-.3

1.1
1.2

.0
.6

.5
.4

1.1
.5

.5
-.9

-.2
-.6

-.3
.8

-.5
.1

-.5
-.3

1.5
.6

.9
.3

.4
.6

1.0
-.8

-.4
-.1

.4
.4

-1.9
.0

.1
.8

16
17

12.1
.1

12.7
.1

10.2
.1

17.4
.1

17.8
.1

18.6
.1

19.7
.1

18.0
.1

16.1
.1

16.9
.1

16.9
.1

18.5
.1

24.1
.1

25.7
.1

26.1
.2

23.8
.2

19.6
.2

19.2
.2

15.6
.2

19.4
.3

Auto output

III

1954

I

IV

III

IV

III

IV

III

IV

III

IV

Addenda:
Domestic output of new autos 1
Sales of imported new autos 2




Table 1.15.—Auto Output in Constant Dollars: Annually and Seasonally Adjusted Quarterly Totals at Annual Rates, 1947-76—Continued
[Billions of 1972 dollars]
1957
I
Auto output

1

IV

I

II

1959
III

IV

I

II

1960
III

IV

I

1961
III

II

IV

I

III

II

IV

25.6

24.5

25.8

22.0

19.0

17.1

18.1

20.3

23.7

24.7

25.1

19.1

27.5

25.0

25.6

23.1

17.7

21.0

21.9

24.4

24.3
20.6
15.1
5.6
3.4
5.2
-1.8
.1
.3
.3
.3

23.7
19.9
14.3
5.6
3.5
5.1
-1.6
.0
.4
.4
.3

22.4
18.6
13.7
4.9
3.6
5.0
-1.4
-.1
.3
.5
.3

23.4
19.4
13.9
5.5
3.9
5.1
-1.2
-.2
.4
.5
.3

19.5
16.7
11.0
5.7
2.8
4.0
-1.3
-.2
.3
.6
.3

18.9
16.4
10.3
6.1
2.5
3.8
-1.3
-.3
.3
.6
.3

18.3
16.0
10.3
5.7
2.4
3.8
-1.3
-.5
.3
.8
.3

19.3
16.8
11.0
5.8
2.8
4.0
-1.2
-.5
.3
.8
.3

22.2
19.1
13.6
5.6
3.5
4.7
-1.3
-.6
.3
.9
.3

23.6
20.4
14.2
6.1
3.8
5.0
-1.3
-.8
.3
1.0
•3

24.6
20.9
15.2
5.8
4.3
5.4
-1.1
-.9
.3
1.1
.3

21.4
18.4
12.2
6.1
3.6
4.4
-.8
-.8
.2
1.0
.3

24.0
20.1
15.0
5.1
4.4
5.4
-1.0
-.8
.3
1.0
.3

24.7
21.0
14.9
6.1
4.0
5.1
-1.1
-.6
.3
.8
.3

25.2
21.3
15.5
5.8
3.9
5.1
-1.1
-.4
.2
.6
.3

23.6
20.1
14.2
5.9
3.4
4.7
-1.3
-.2
.3
.5
.3

20.9
17.4
11.5
5.9
3.3
4.5
-1.1
-.1
.3
.4
.3

21.3
17.6
12.4
5.2
3.5
4.9
-1.3
-.1
.2
.4
.4

21.8
18.0
12.9
5.2
3.7
4.9
-1.3
-.2
.3
.5
.4

23.8
19.7
14.6
5.1
4.0
5.3
-1.3
-.3
.3
.5
.4

13

1.2

.8

3.4

-1.4

-.5

-1.8

-.2

1.0

1.4

1.0

.5

-2.3

3.5

.3

.4

-.5

-3.2

-.4

.0

.6

14
15

.6
.6

.7
.1

2.6
.7

-1.4
.1

-.3
-.2

-1.4
-.4

-.2
.0

.8
.2

.8
.6

.9
.1

.2
.3

-1.6
-.7

3.0
.6

.5
-.2

.5
-.1

-.2
-.3

-2.5
-.6

-.4
.0

.1
-.1

.4
.2

16
17

21.1
.3

20.1
.4

21.2
.5

17.4
.6

14.5
.7

12.5
.8

13.5
.9

15.2
1.0

18.2
1.2

19.0
1.3

19.7
1.4

13.8
1.4

22.2
1.3

19.7
1.1

20.6
1.0

18.5
.9

13.3
.8

16.7
.8

17.7
.8

20.1
.8

I

II

III

IV

I

II

III

I

II

III

IV

I

II

III

Final sales
2
Personal consumption expenditures
3
New autos
4
Net purchases of used autos
5
Producers' durable equipment
6
New autos
7
Net purchases of used autos
8
Net exports
9
Exports
10
Imports
11
Government purchases of goods and 12
services.
Change in business inventories of new
and used autos.
New
Used

1958
III

II

Addenda:
Domestic output of new autos 1
Sales of imported new autos 2

1962

1963

1964

Line

1965

1966

I
Auto output

1

Final sales
2
Personal consumption expenditures
3
New autos
4
Net purchases of used autos
5
Producers' durable equipment
6
New autos
7
Net purchases of used autos
8
Net exports
9
Exports
10
Imports
11
Government purchases of goods and 12
services.
Change in business inventories of new
and used autos.
New
Used

II

III

24.8

24.8

26.9

27.4

27.8

28.1

28.9

30.0

29.9

30.1

30.4

26.9

36.6

35.7

34.9

35.5

37.8

34.4

32.8

34.3

24.8
20.5
15.2
5.3
4.3
5.6
-1.3
-.3
.3
.6
.4

25.7
21.2
16.0
5.2
4.3
5.7
-1.4
-.2
.3
.5
.4

25.5
20.8
15.3
5.5
4.6
5.9
-1.3
-.3
.3
.6
.4

27.3
22.5
17.6
5.0
4.7
6.2
-1.4
-.3
.3
.6
.4

27.8
23.3
18.0
5.3
4.5
6.0
-1.5
-.4
.2
.6
.4

28.2
23.9
18.7
5.3
4.1
5.6
-1.5
-.3
.3
.6
.5

28.1
24.0
18.1
5.8
4.0
5.4
-1.4
-.4
.3
.7
.5

29.0
24.3
19.2
5.1
4.4
6.0
-1.5
-.2
.4
.6
.5

29.5
24.9
19.4
5.5
4.4
5.9
-1.5
-.3
.4
.7
.5

29.6
25.1
19.8
5.3
4.5
6.0
-1.5
-.4
.4
.8
.5

31.1
26.2
21.1
5.1
4.9
6.4
-1.5
-.4
.4
.8
.4

27.8
23.7
18.3
5.4
4.2
5.5
-1.3
-.5
.4
.9
.4

35.3
29.1
23.9
5.2
6.0
7.6
-1.7
-.2
.4
.6
.4

34.1
28.5
22.8
5.7
5.6
7,2
-1.6
-.4
.4
.9
.5

34.9
29.5
23.4
6.1
5.4
7.0
-1.6
-.5
.4
.8
.5

34.9
29.6
23.9
5.7
5.5
7.3
-1.8
-.6
.5
1.2
.5

36.8
31.4
25.6
5.9
5.8
7.7
-2.0
-.9
.5
1.5
.5

32.7
27.9
22.2
5.7
5.2
7.0
-1.9
-.9
.5
1.4
.5

33.4
28.7
23.4
5.3
5.1
6.9
-1.8
-.8
.7
1.6
.5

33.2
28.5
23.0
5.5
5.4
7.7
-2.3
-1.2
.9
2.0
.5

IV

IV

IV

13

.0

-.9

1.4

.0

.0

-.2

.8

1.1

.4

.5

-.7

-.9

1.2

1.6

.0

.6

1.0

1.7

-.6

1.1

14
15

.0
.0

-.9
.0

1.8
-.3

-.3
.4

-.1
.1

-.3
.1

1.3
-.5

.7
.3

.6
-.1

.4
.1

-.9
.2

-.4
-.5

.9
.3

1.8
-.2

.7
-.6

.6
.0

1.1
-.1

2.0
-.3

-.6
.0

.7
.4

16
17

20.4
.8

20.6
.7

22.7
.7

23.0
.7

23.5
.8

23.8
.9

24.5
.8

25.7
.8

25.6
1.0

25.8
1.1

26.1
1.1

22.7
1.1

32.1
1.2

31.1
1.3

30.4
1.5

30.9
1.8

32.9
2.0

30.0
1.8

28.4
2.1

29.8
2.5

I

II

I

II

I

II

I

II

I

II

29.8

32.7

32.3

32.3

37.8

39.1

38.1

38.9

39.7

35.7

39.3

34.9

30.9

35.2

33.2

20.0

41.0

37.4

36.7

40.3

31.1
26.9
21.1
5.8
4.8
6.8
-2.0
-1.0
.9
1.9
.5

34.3
29.6
23.7
5.9
5.3
7.7
-2.4
-1.0
.9
2.0
.5

33.2
28.5
22.5
6.0
5.3
7.6
-2.3
-1.1
.9
2.1
.5

31.7
27.6
21.5
6.1
5.1
7.3
-2.1
-1.6
.9
2.5
.5

36.4
31.4
25.7
5.7
6.2
8.4
-2.2
-1.6
1.2
2.8
.5

36.2
31.7
25.9
5.8
6.3
8.5
-2.2
-2.3
1.0
3.3
.5

38.3
33.8
27.3
6.4
6.7
9.1
-2.4
-2.7
1.0
3.6
.5

37.5
32.9
26.9
6.1
6.8
9.3
-2.4
-2.8
1.1
3.9
.5

39.0
33.5
27.2
6.3
6.8
9.2
-2.4
-1.8
1.1
3.0
.5

37.0
32.6
26.6
6.0
7.0
9.4
-2.5
-3.2
1.0
4.2
.5

37.1
33.1
26.9
6.2
6.7
9.3
-2.6
-3.2
1.1
4.3
.5

36.0
32.2
26.1
6.2
6.4
9.1
-2.7
-3.2
1.1
4.3
.5

32.5
29.9
23.9
5.9
5.5
8.3
-2.7
-3.4
.7
4.1
.5

33.9
31.0
24.5
6.4
5.6
8.8
-3.2
-3.2
1.2
4.4
.6

33.2
30.7
24.4
6.3
5.2
8.3
-3.1
-3.2
1.0
4.2
.6

24.5
23.9
17.9
6.0
3.9
5.9
-2.0
-3.7
.6
4.3
.5

35.6
32.5
26.7
5.8
6.4
9.5
-3.1
-3.9
1.1
5.0
.6

36.4
33.2
27.0
6.3
6.6
9.1
-2.6
-4.0
1.3
5.3
.6

37.7
34.5
28.1
6.4
7.3
9.9
-2.6
-4.7
1.3
6.0
.6

40.3
36.6
30.1
6.5
7.5
10.1
-2.6
-4.4
1.1
5.4
.6

Addenda:
Domestic output of new autos 1
Sales of imported new autos 2

1967

1968

Line
Auto output

1

Final sales
2
Personal consumption expenditures
3
New autos
4
Net purchases of used autos
5
Producers' durable equipment
6
New autos
7
Net purchases of used autos
8
Net exports
9
Exports
10
Imports
11
Government purchases of goods and 12
services.
Change in business inventories of new
and used autos.
New
Used

III

IV

1969
III

IV

1970
III

IV

1971
III

IV

III

IV

13

-1.4

-1.6

-.9

.7

1.3

2.8

-.2

1.5

.7

-1.2

2.2

-1.1

-1.7

1.3

.1

-4.5

5.5

1.1

-1.0

-.1

14
15

-1.2
-.2

-1.8
.1

-.8
-.1

1.0
-.4

1.0
.3

2.8
.0

.1
-.3

1.5
.0

.9
-.2

-1.2
-.1

2.1
.1

-1.0
.0

-1.8
.1

1.1
.1

-.3
.3

-3.5
-1.0

4.8
.6

1.2
-.1

-1.0
.0

.1
-.1

16
17

25.2
2.5

28.2
3.0

27.8
3.4

27.5
3.3

32.6
3.7

34.2
4.0

33.0
4.7

33.8
4.6

34.4
4.5

30.5
5.1

33.5
5.8

29.6
6.1

25.6
5.8

29.7
6.1

27.5
6.1

15.6
5.8

35.4
6.4

31.7
6.9

30.6
7.6

33.7
7.1

Addenda:
Domestic output of new autos 1
Sales of imported new autos 2




Table 1.15.—Auto Output in Constant Dollars: Annually and Seasonally Adjusted Quarterly Totals at Annual Rates, 1947-76—Continued
[Billions of 1972 dollars]
1973

1972
Line
I

III

II

IV

I

II

IV

I

II

1976

1975

1974
III

III

I

IV

II

III

IV

I

III

II

IV

1

Auto output
Final sales
Personal consumption expenditures
New autos
Net purchases of used autos
Producers' durable equipment
New autos
Net purchases of used autos
Net exports
Exports
Imports
Government purchases of goods and
services.
Change in business inventories of new
and used autos.
New
Used

41.9

40.8

37.8

46.2

53.3

44.9

44.2

43.3

36.5

35.8

41.0

35.1

29.4

34.0

40.3

39.1

45.6

46.0

42.9

46.8

2
3
4
5
6
7
8
9
10
11
12

39.6
36.4
29.9
6.5
7.2
9.5
-2.3
-4.5
1.1
5.7
.6

40.7
37.3
30.9
6.4
7.1
9.7
-2.6
-4.3
1.3
5.6
.6

42.0
38.2
31.4
6.7
7.1
10.0
-2.8
-3.9
1.4
5.3
.6

45.2
41.2
34.2
6.9
8.3
11.5
-3.3
-4.9
1.5
6.4
.6

49.0
44.1
37.0
7.1
8.7
12.0
-3.3
-4.5
1.7
6.2
.6

47.6
42.4
35.6
6.8
9.0
12.3
-3.3
-4.4
1.8
6.2
.6

45.4
40.2
33.2
7.0
8.7
11.9
-3.2
-4.1
1.8
5.9
.6

40.0
36.1
29.8
6.3
7.5
10.2
-2.7
-4.1
2.0
6.1
.5

37.5
33.6
26.9
6.7
7.6
10.7
-3.1
-4.2
2.2
6.4
.6

36.6
32.9
26.3
6.6
7.3
10.7
-3.3
-4.2
2.2
6.4
.6

38.7
34.4
27.7
6.7
7.8
11.7
-3.8
-4.2
2.2
6.3
.6

32.1
28.1
21.4
6.8
6.6
10.0
-3.3
-3.3
2.3
5.6
.6

34.2
29.9
24.0
5.8
6.3
9.6
-3.3
-2.6
2.2
4.9
.6

34.1
29.4
22.8
6.6
6.7
10.2
-3.5
-2.6
2.3
4.8
.6

39.2
33.7
26.9
6.8
7.9
11.9
-4.1
-3.1
2.7
5.7
.6

40.4
35.1
28.1
7.0
7.8
11.8
-4.0
-3.1
2.8
5.9
.6

44.1
38.8
31.3
7.5
8.3
12.3
-4.0
-3.6
2.6
6.3
.6

44.0
38.7
30.8
7.8
8.5
12.5
-4.0
-3.8
2.6
6.5
.6

44.2
38.2
30.5
7.7
8.8
12.6
-3.8
-3.4
2.6
6.1
.6

45.5
39.0
31.9
7.1
9.3
13.0
-3.7
-3.5
2.8
6.2
.7

13

2.3

.1

-4.3

1.0

4.3

-2.7

-1.1

3.2

-1.0

-.8

2.3

3.0

-4.7

-.1

1.1

-1.3

1.5

2.0

-1.3

1.3

14
15

2.5
-.2

.0
.1

-4.0
-.3

.8
.1

4.2
.1

-2.8
.0

-.9
-.2

3.4
-.2

-.4
-.6

-.6
-.3

1.9
.4

3.5
-.5

-5.1
.4

-.1
.0

.7
.4

-1.9
.5

1.1
.4

2.2
-.1

-1.1
-.3

1.1
.2

16
17

35.5
7.2

34.5
7.6

31.4
8.1

39.9
9.0

46.7
9.1

38.6
9.4

38.1
8.6

36.7
9.1

29.3
9.3

29.8
7.8

33.9
8.8

30.2
7.8

23.4
9.1

28.0
8.5

33.3
9.5

32.2
8.9

38.3
8.6

38.1
9.0

35.8
9.7

39.0
10.0

Addenda:
Domestic output of new autos 1
Sales of imported new autos 2
1
2

Consists of final sales and change in business inventories of new autos produced in the United States.
Consists of personal consumption expenditures, producers' durable equipment, and government purchases.

Table 1.16.—Truck Output: Annually and Seasonally Adjusted Quarterly Totals at Annual Rates, 1967-76
[Billions of dollars]
1969

1968

1967

Line

1971

1970

1972

1973

1975

1974

1976

1

1

6.8

8.5

9.8

8.8

11.1

14.6

18.0

19.7

17.6

24.8

Final sales
Personal consumption expenditures
Producers' durable equipment
Net exports
Exports
Imports
Government purchases of goods and
services.

2
3
4
5
6
7
8

6.9
1.1
4.8
.1
.4
.3
.9

8.2
1.5
5.9
.0
.4
.5
.8

9.7
1.9
7.1
-.2
.6
.7
.8

8.9
1.9
6.3
-.1
.6
.7
.9

10.8
2.7
7.4
-.2
.6
.8
1.0

14.5
4.2
9.6
-.4
.7
1.1
1.1

17.9
5.1
11.6
-.4
.9
1.3
1.6

18.7
4.7
12.3
-.1
1.4
1.5
1.8

18.3
5.4
10.1
.9
2.2
1.3
2.0

24.5
8.6
13.6
.0
2.1
2.1
2.3

Change in business inventories

9

-.1

.3

.1

-.1

.2

.2

.1

1.0

-.7

.3

Truck output

1967

1968

1969

1970

1971

Line
I

III

II

IV

II

I

III

IV

II

I

III

IV

I

II

III

rv

I

II

III

IV

1

1

7.3

6.8

6.4

6.8

7.6

8.7

8.4

9.2

9.4

9.2

10.3

10.3

9.2

9.2

9.4

7.5

10.3

10.8

11.3

11.8

Final sales
Personal consumption expenditures
Producers' durable equipment
Net exports
Exports
Imports
Government purchases of goods and
services.

2
3
4
5
6
7
8

6.9
1.0
4.9
.1
.4
.3
.9

6.8
1.0
4.8
.1
.4
.3
.9

7.0
1.1
4.9
.1
.4
.3
.9

6.8
1.1
4.7
.1
.4
.3
.9

7.6
1.3
5.5
-.1
.4
.5
.8

7.9
1.4
5.7
.0
.4
.4
.8

8.2
1.5
5.9
.0
.4
.5
.8

8.9
1.8
6.4
-.1
.5
.6
.8

9.4
1.9
6.9
-.2
.4
.6
.8

9.7
1.9
7.0
.0
.6
.7
.8

9.8
1.9
7.2
-.2
.6
.7
.8

10.0
2.0
7.4
-.3
.6
.8
.8

9.2
1.8
6.6
-.1
.6
.7
.8

9.1
1.9
6.4
-.1
.6
.7
.9

9.3
2.0
6.6
-.2
.6
.8
.9

7.9
1.7
5.4
-.2
.5
.7
1.0

9.3
2.1
6.3
-.1
.6
.7
1.0

10.3
2.5
7.0
-.2
.6
.8
1.0

11.2
2.8
7.6
-.2
.7
.9
1.0

12.5
3.3
8.6
-.4
.6
.9
1.0

Change in business inventories

9

.3

.0

-.6

.0

.1

.7

.2

.2

.1

-.4

.5

.4

.0

.0

-.4

1.0

.4

.1

-.7

Truck output

1972

1973

1974

lane
I
Truck output 1

II

III

IV

I

II

-1

III

IV

I

II

1975
III

IV

I

II

1976
III

IV

I

II

III

IV

1

13.9

15.0

13.5

16.2

18.1

17.9

18.2

18.0

19.0

18.8

20.4

20.5

15.7

16.7

18.5

19.3

22.2

24.8

27.1

25.3

2
Final sales
3
Personal consumption expenditures'
4
Producers' durable equipment
5
Net exports
6
Exports
7
Imports
Government purchases of goods and 8
services.

13.7
3.8
9.2
-.3
.6
1.0
1.0

14.5
4.2
9.8
-.5
.7
1.2
1.0

14.0
4.1
9.3
-.5
.7
1.2
1.1

15.6
4.6
10.1
-.4
.8
1.2
1.3

18.2
5.4
11.8
-.3
.9
1.2
1.3

17.2
4.9
11.4
-.5
.8
1.4
1.4

17.8
4.9
11.7
-.4
.8
1.3
1.6

18.4
5.1
11.7
-.3
1.0
1.3
1.9

17.9
4.4
12.0
.0
1.2
1.3
1.5

19.2
4.7
12.8
-.1
1.3
1.4
1.7

20.0
5.2
13.0
-.1
1.5
1.6
1.9

17.8
4.5
11.4
.0
1.6
1.6
2.0

15.9
4.1
9.3
.5
1.8
1.3
2.0

17.1
4.8
9.3
1.1
2.3
1.2
1.9

19.3
5.8
10.3
1.2
2.5
1.3
2.0

20.8
6.7
11.3
.7
2.2
1.4
2.1

22.2
7.8
12.4
-.1
1.9
2.0
2.1

23.6
8.3
13.0
-.1
2.1
2.1
2.3

26.3
9.3
14.7
-.1
2.1
2.1
2.4

26.0
9.0
14.2
.2
2.2
2.0
2.5

9

.2

.4

-.5

.5

-.1

.7

.4

-.4

1.1

-.3

.4

2.7

-.2

-.4

-.8

-1.5

.0

1.2

.8

-.8

Change in business inventories
1

Includes new trucks only.




Table 1.17.—Truck O u t p u t in C o n s t a n t Dollars: A n n u a l l y and S e a s o n a l l y Adjusted Quarterly T o t a l s at A n n u a l Rates, 1967-76
[Billions of 1972 dollars]
Line

1967

Truck output 1

1969

1968
7.9

9.6

10.9

8.0

Final sales..
Personal consumption expenditun
Producers' durable equipment
Net exports
Exports
Imports..
Government purchases of goods and
services.

1971

1970

9.3

10.7
2.0
8.0
-.2

1.2

6.7
-.1
.5
.5
.9

1.0

1974

1973

1975

11.2

14.6

17.9

17.9

14.3

14.5
4.2
9.6
-.4
.7

14.9
4.6
8.0
.7
1.8

1.0

17.7
5.1
11.5
-.4
.9
1.3
1.5

17.0
4.4

-.1
.6
.8

11.0
2.7
7.5
-.2
.6
.8

1.0

1.6

5.7
.1
.5
.4

1972

9.5
1.9

1.1
1.1

11.1

-.1
1.2

1.3

1.1

1.6

1.6

-.6

Change in business inventories

1968

1967
Line

Truck output

III

IV

III

1

IV

III

IV

IV

10.3
8.1

Final sales
Personal consumption expenditui
Producers' durable equipment
Net exports
Exports
Imports
Government purchases of
services.

1.1

1.2

5.8
.2
.5
.3

5.6
.1
.5
.4
1.1

1.0

8.3
1.2
5.8
.1
.5
.4
1.1

7.8
1.2
5.5
.1
.4
.3
1.0

8.7
1.5
6.4
-.1
.4
.5

1.6
6.5
.0
.5
.5
.9

9.3
1.7
6.8
.0
.5
.5

10.5

10.2

11.4

11.3

10.0

10.0
1.9
7.3
-.1
.6
.6
.9

10.5
2.0
7.7
-.2
.5
.7
.9

10.7
2.0
7.9
.0
.7
.7
.9

10.8
2.0
8.0
-.2
.6
.8
.9

10.9
2.1
8.1
-.3
.6
.9
.9

10.0
1.9
7.3
-.1
.6
.7

III
10.8

10.0
9.8
2.0
7.0
-.1
.6
.7
.9

10.0
2.1
7.1
-.2
.7
.9
1.0

8.3
1.7
5.7
-.2
.6

9.4
2.1
6.5
-.1
.6

1972

1973

1974

1975

1976

Line
III
Truck output

1

Change in business inventories
1

Includes new trucks only.




11.3
2.8
7.7
-.2
.7
.9
1.0

-.5

Change in business inventories

Final sales
Personal consumption expenditure
Producers' durable equipment
Net exports
Exports
Imports
Government purchases of goods
services.

11.4

10.4
2.4
7.2
-.2
.7
.8
1.0

15.0
13.8
3.8
9.3
-.3
.7
1.0
1.0

13.4

14.5
4.2
9.8
-.5
.7
1.2
1.0

13.9
4.0
9.2
-.5
.7
1.2
1.1

IV

III

IV

III

IV

III

III

18.2

17.8

17.9

17.6

18.1

17.5

18.3

17.5

13.1

13.7

15.1

15.4

17.4

19.1

20.5

15.6
4.7

18.3
5.5

18.0
5.0
11.4
-.3
.9
1.2
1.8

17.1
4.4
11.4
-.1
1.2
1.2
1.4

17.8
4.6
11.8

15.2
4.0
9.6

19.8
7.5
10.7

- . 1

-.1

-.1

2.0
1.0

16.6
5.7
8.7
.5
1.7
1.2

18.2
6.9
9.7

- . 1

14.1
4.1
7.5
.9
1.9
1.0

17.4
6.5
9.4

-.1

13.3
3.7
7.6
.4
1.5
1.1

15.7
5.1

11.8

17.5
4.9
11.4
-.4
.8
1.3
1.6

17.9
4.8

10.1

17.1
4.9
11.3
-.5
.8
1.3
1.4

1.4
1.5

1.5

1.5

1.6

1.6

1.6

1.6

1.6

1.6

1.6

1.7

1.7

-.3
.9
1.2
1.3

1.0

1.2

1.3
1.6

11.6

1.3
1.4
1.7

.0

1.4
1.4
1.7

8.2

.9

Table 1.18.—Farm Output, Gross Product, and Income: Annually, 1929-76
[Millions of dollars]
Line
Farm output
Cash receipts from farm marketings and net Commodity
Credit Corporation loans.
Crops
Livestock
Gross rental value of farm housing.
Farm products consumed on
farms.
Other farm income
Change in farm inventories
Livestock
Less: Intermediate goods and services purchased.
Intermediate goods and
services, other than
rent.
Rent paid to nonoperator
landlords.

1929

1930

1931

1932

1933

1934

1935

1936

1937

1938

1940

1939

1941

1942

1943

1944

1

13,816

11,203

8,881

6,515

6,782

7,192

9,821

9,672

11,847

9,835

9,917

10,617

13,727

19,243

22,699

23,262

2

11,312

9,055

6,381

4,748

5,332

6,357

7,120

8,391

8,864

7,723

7,872

8,382

11,111

15,565

19,620

20,536

3
4
5

5,130
6,182
913

3,868
5,187
865

2,540
3,841
775

1,996
2,752
664

2,486
2,846
614

3,021
3,336
640

2,977
4,143
683

3,649
4,742
693

3,924
4,940
733

3,200
4,523
745

3,336
4,536
741

3,469
4,913
744

4,619
6,492
767

6,526
9,039
821

8,127
11,493
879

9,185
11,351
955

6

1,713

1,552

1,265

993

1,030

1,125

1,320

1,394

1,434

1,235

1,209

1,210

1,429

1,758

2,253

2,181

7
8
9
10

-122

-269

460

110

-194

-930

698

-806

816

132

95

281

420

i,099

-53

-410

11

4,160

3,564

2,603

2,042

2,186

2,524

2,850

3,274

3,611

3,290

3,624

4,170

4,803

6,211

7,393

7,933

12

3,347

2,921

2,166

1,716

1,810

2,090

2,345

2,703

3,060

2,826

3,131

3,601

4,009

5,182

6,204

6,744

13

813

643

437

326

376

434

505

571

551

464

493

569

794

1,029

1,189

1,189

Equals: Gross farm product

14

9,656

7,639

6,278

4,473

4,596

4,668

6,971

6,398

8,236

6,545

6,293

6,447

8,924

13,032

15,306

15,329

Less:
Capital
consumption
allowances with capital consumption adjustment.
Indirect business tax and
nontax liability.
Plus: Subsidies to operators

15

842

839

770

682

651

648

613

633

699

738

735

771

855

969

978

1,009

16

538

535

485

418

362

349

354

364

378

375

382

382

397

403

418

438

113

397

498

242

283

377

661

626

472

563

563

687

Equals: Income

18

3,373

3,696

4,068

6,502

5,643

7,442

5,809

5,837

5,920

8,144

12,223

14,473

14,569

Compensation of employees.
Wages and salaries...
Supplements
to
wages and salaries.
Proprietors'
income
with inventory valuation and capital
consumption adjustments.
Corporate profits with
inventory valuation
and capital consumption
adjustments.
Net interest




17
8,276

6,265

5,023

19

1,304

1,181

918

673

620

682

778

871

992

983

992

1,033

1,252

1,634

2,030

2,207

20
21

1,300
4

1,177
4

914
4

669
4

617
3

679
3

775
3

868
3

988
4

979
4

988
4

1,029
4

1,249
3

1,631
3

2,027
3

2,202
5

22

6,144

4,343

3,430

2,086

2,522

2,894

5,255

4,313

6,020

4,394

4,388

4,410

6,380

10,093

11,981

11,950

23

6

-37

-60

-54

-20

-19

18

28

15

-3

9

25

54

72

106

97

24

822

778

735

668

574

511

451

431

415

435

448

452

458

424

356

315

Table 1.18.—Farm Output, Gross Product, and Income: Annually, 1929-76—Continued
[Millions of dollars]
Line
Farm output
Cash receipts from farm marketings and net Commodity
Credit Corporation loans.
Crops
Livestock
Gross rental value of farm housing.
Farm products consumed on
farms.
Other farm income
Change in farm inventories
Crops
Livestock
Less: Intermediate goods and services purchased.
Intermediate goods and
services, other than
rent.
Rent paid to nonoperator
landlords.

1945

1946

1947

1948

1949

1950

1951

1952

1953

1954

1955

1956

1957

1958

1960

1959

1

24,632

28,796

32,072

36,197

30,577

32,820

37,995

37,476

34,234

33,924

33,247

33,405

33,772

37,869

37,208

38,192

2

21,663

24,802

29,620

30,227

27,805

28,484

32,803

32,463

30,999

29,737

29,238

30,325

29,798

33,433

33,747

34,357

3
4
5

9,655
12,008
1,052

11,016
13,786
1,303

13,093
16,527
1,447

13,098
17,129
1,505

12,396
15,409
1,408

12,378
16,106
1,464

13,184
19,619
1,607

14,225
18,238
1,736

14,076
16,923
1,765

13,462
16,275
1,711

13,271
15,967
1,741

13,962
16,363
1,734

12,422
17,376
1,787

14,206
19,227
1,861

14,843
18,904
2,031

15,368
18,989
2,098

6

2,356

2,662

2,765

2,733

2,230

2,063

2,304

2,220

2,007

1,789

1,678

1,585

1,484

1,505

1,289

1,205

-866

20
789

42
1,239

70
987

84
-621

101
586

123
467

141
-380

169
534

222
848

227
-86
-504
418

244
288
199
89

7
8
9
10

-439

29

-1,760

1,732

11

8,652

9,950

11,863

12,874

11,782

12,863

15,066

15,288

13,938

14,269

14,463

14,823

15,402

17,173

18,177

18,014

12

7,439

8,373

10,127

11,187

10,346

11,285

13,302

13,458

12,286

12,653

12,899

13,251

13,929

15,512

16,502

16,249

13

1,213

1,577

1,736

1,687

1,436

1,578

1,764

1,830

1,652

},616

1,564

1,572

1,473

1,661

1,675

1,765

Equals: Gross farm product

14

15,980

18,846

20,209

23,323

18,795

19,957

22,929

22,188

20,296

19,655

18,784

18,582

18,370

20,696

19,031

20,178

Less:
Capital
consumption
allowances with capital consumption adjustment.
Indirect business tax and
nontax liability.
Plus: Subsidies to operators

15

1,066

1,175

1,477

1,794

2,048

2,285

2,664

2,913

3,075

3,183

3,285

3,486

3,597

3,650

3,722

3,745

16

499

542

645

714

773

810

864

906

925

942

975

1,013

1,069

1,100

1,191

1,268

17

659

683

277

227

161

249

250

240

186

224

200

486

891

988

615

632

Equals: Income

18

15,074

17,812

18,364

21,042

16,135

17,111

19,651

18,609

16,482

15,754

14,724

14,569

14,595

16,934

14,733

15,797

Compensation of employees.
Wages and salaries...
Supplements
to
wages and salaries.
Proprietors'
income
with inventory valuation and capital
consumption adjustments.
Corporate profits with
inventory valuation
and capital consumption
adjustments.
Net interest




19

2,306

2,542

2,793

3,000

2,817

2,821

2,932

2,868

2,746

2,606

2,598

2,611

2,710

2,872

2,952

3,093

20
21

2,299
7

2,532
10

2,783
10

2,990
10

2,806
11

2,811
10

2,910
22

2,846
22

2,724
22

2,579
27

2,557
41

2,566
45

2,658
52

2,770
102

2,841
111

2,964
129

22

12,378

14,866

15,135

17,555

12,824

13,694

16,072

15,119

13,124

12,499

11,451

11,245

11,130

13,188

10,907

11,712

23

92

134

147

153

114

167

141

57

27

53

32

18

8

41

2

33

24

298

270

289

334

380

429

506

565

585

596

643

695

747

833

872

959

Table 1.18.—Farm Output, Gross Product, and Income: Annually, 1929-76—Continued
[Millions of dollars]
Line
Farm output
Cash receipts from farm marketings and net Commodity
Credit Corporation loans.
Crops
Livestock
Gross rental value of farm housing.
Farm products consumed on
farms.
Other farm income
Change in farm inventories
Crops
Livestock

1962

1961

1963

1964

1965

1966

1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

1

39,056

40,596

41,672

40,123

44,086

47,191

47,441

48,385

52,614

54,858

58,855

67,019

96,304

97,810

99,531

101,078

2

35,228

36,349

37,315

37,099

39,386

43,512

42,739

44,203

48,141

50,436

52,975

61,441

87,226

92,676

88,067

94,463

3
4
5

15,714
19,514
2,202

16,191
20,158
2,258

17,268
20,047
2,360

17,151
19,948
2,443

17,500
21,886
2,481

18,486
25,026
2,599

18,356
24,383
2,747

18,716
25,487
2,838

19,568
28,573
3,046

20,873
29,563
3,019

22,392
30,583
3,226

25,771
35,670
3,474

41,290
45,936
3,913

51,317
41,359
4,687

45,008
43,059
5,420

48,351
46,112
5,973

6

1,109

993

921

835

811

824

736

719

731

751

732

831

1,104

1,295

1,269

1,334

7
8
9
10

243
274
-98
372

257
739
154
585

285
791
395
396

336
-590
-552
-38

387
1,021
1,196
-175

416
-160
-381
221

484
735
653
82

521
104
-114
218

559
137
-85
222

543
109
-556
665

641
1,281
821
460

663
610
76
534

813
3,248
1,430
1,818

989
-1,837
-2,291
454

1,233
3,542
4,586
-1,044

1,357
-2,049
-1,367
-682

Less: Intermediate goods and serv- 11
ices purchased.
Intermediate goods and 12
services, other than
rent.
Rent paid to nonoperator 13
landlords.

18,876

20,191

21,205

20,863

22,194

24,367

25,377

25,833

27,562

29,084

31,266

35,112

46,419

50,072

50,671

55,173

16,944

18,109

18,900

18,541

19,614

21,696

22,765

23,085

24,713

26,119

28,028

30,638

39,438

43,193

44,143

48,833

1,932

2,082

2,305

2,322

2,580

2,671

2,612

2,748

2,849

2,965

3,238

4,474

6,981

6,879

6,528

6,340

Equals: Gross farm product

14

20,180

20,405

20,467

19,260

21,892

22,824

22,064

22,552

25,052

25,774

27,589

31,907

49,885

47,738

48,860

45,905

Less:
Capital
consumption
allowances with capital consumption adjustment.
Indirect business tax and
nontax liability.
Plus: Subsidies to operators

15

3,756

3,800

3,866

3,975

4,161

4,442

4,758

5,096

5,506

5,904

6,188

6,774

7,357

8,539

10,106

11,141
2,704

Equals: Income
Compensation of employees.
Wages and salariesSupplements
to
wages and salaries.
Proprietors'
income
with inventory valuation and capital
consumption adjustments.
Corporate profits with
inventory valuation
and capital consumption
adjustments.
Net interest

16

1,324

1,354

1,383

1,426

1,459

1,553

1,640

1,757

1,860

1,956

2,023

2,095

2,144

2,306

2,497

17

1,324

1,540

1,488

1,898

2,143

2,871

2,703

3,030

3,319

3,255

2,749

3,454

2,278

467

706

,644

18

16,424

16,791

16,706

15,757

18,415

19,700

18,369

18,729

21,005

21,169

22,127

26,492

42,662

37,360

36,963

32,704

19

3,225

3,319

3,413

3,457

3,558

3,623

3,629

3,772

4,023

4,278

4,337

4,542

5,356

6,245

6,682

7,555

20
21

3,090
135

3,170
149

3,244
169

3,284
173

3,380
178

3,414
209

3,412
217

3,537
235

3,763
260

4,005
273

4,038
299

4,218
324

4,927
429

5,728
517

6,044
638

6,742
813

22

12,126

12,255

12,043

10,800

13,105

14,118

12,641

12,694

14,561

14,339

15,028

18,719

32,806

26,480

24,620

19,089

23

50

81

44

81

175

189

102

112

105

-46

-11

194

914

273

706

393

24

1,023

1,136

1,206

1,419

1,577

1,770

1,997

2,151

2,316

2,598

2,773

3,037

3,586

4,362

4,955

5,667

Table 1.19.—Farm Output, Gross Product, and Income in Constant Dollars: Annually, 1929-76
[Billions of 1972 dollars]
Line
Farm output
Cash receipts from farm marketings and net Commodity
Credit Corporation loans.
Crops
Livestock
Gross rental value of farm housing.
Farm products consumed on
farms.
Other farm income
Change in farm inventories
Crops
Livestock

1929

1930

1931

1932

1933

1934

1935

1936

1937

1938

1939

1940

1941

1942

1943

1944

1

32.4

30.9

33.0

32.2

32.4

28.1

30.4

29.4

32.8

33.8

35.2

35.6

38.0

41.5

41.0

40.6

2

25.0

23.8

24.0

23.5

25.0

24.5

21.7

24.4

24.0

26.1

27.2

27.4

29.4

31.9

33.3

34.4

3
4
5

10.1
14.9
3.2

9.1
14.6
3.2

9.0
14.9
3.1

9.1
14.4
3.1

9.3
15.7
3.0

8.5
16.0
3.0

8.1
13.6
2.9

9.2
15.2
2.9

9.3
14.6
3.0

10.8
15.4
3.0

11.0
16.1
3.0

10.3
17.1
3.1

11.6
17.8
3.1

12.2
19.7
3.1

11.7
21.6
3.0

12.5
21.9
3.0

6

4.0

3.9

4.2

4.2

4.5

4.3

4.0

4.1

4.1

4.1

4.2

4.1

3.9

3.9

4.1

3.9

7
8
9
10

.2
-.2
.5

.0
-.4
.4

1.8
1.0
.8

1.4
.3
1.1

-.2
-1.0
.8

-3.7
-1.7
-2.1

1.7
1.8
-.1

-2.0
-1.6
-.4

1.8
2.0
-.2

.5
.1
.4

.8
-.2
1.0

1.0
.5
.6

1.6
.2
1.3

2.7
1.0
1.7

.6
-.6
1.2

-.7
.3
-1.0

8.7

8.1

7.6

7.1

7.5

7.2

7.6

8.5

8.6

9.0

10.0

11.1

11.8

12.9

13.3

13.5

6.1

6.0

6.3

7.0

7.3

7.5

8.5

9.4

9.9

11.0

11.4

11.7

1.3

1.5

1.3

1.5

1.6

1.7

2.0

2.0

1.9

1.8

Less: Intermediate goods and serv11
ices purchased.
Intermediate goods and 12
services, other than
rent.
Rent paid to nonoperator 13
landlords.

7.1

6.6

6.1

5.7

1.7

1.5

1.5

1.5

1.4

1.3

24.9

20.9

Equals: Gross farm product

14
15

22.8
2.9

25.4
2.8

2.7

2.6

2.5

22.7
2.5

21.0
2.5

24.2
2.5

24.8
2.6

25.2
2.6

24.5
2.7

26.2
2.8

28.6

Less:
Capital
consumption
allowances with capital consumption adjustment.
Indirect business tax and
nontax liability.
Plus: Subsidies to operators

23.6
2.8

25.1

2.8

27.7
2.8

27.1
2.8

16

1.7

1.6

1.8

1.8

1.8

1.5

1.6

1.5

1.8

1.8

1.8

1.8

1.9

2.1

2.0

2.0

17

1.4

1.2

1.2

1.2

1.2

1.1

1.1

1.2

1.2

1.4

1.5

1.4

1.6

1.6

1.6

1.7

Equals: Income

18

20.5

19.5

22.0

21.8

21.7

18.0

19.7

18.2

21.2

21.8

22.2

21.5

23.1

25.3

24.5

24.0




Table 1.19.—Farm Output, Gross Product, and Income in Constant Dollars: Annually, 1929-76—Continued
[Billions of 1972 dollars]
Line
Farm output
Cash receipts from farm marketings and net Commodity
Credit Corporation loans.
Crops
Livestock
Gross rental value of farm housing.
Farm products consumed on
farms.
Other farm income
Change in farm inventories
Crops
Livestock

1

1945
40.0

1946
41.1

1947
39.5

1948

1949

1950

1952

1951

1954

1953

1955

1957

1956

1958

1959

1960

41.2

41.0

43.3

43.0

43.8

44.9

46.2

47.7

48.1

48.0

50.1

50.6

51.9

35.3

34.8

35.9

38.4

38.6

40.5

42.2

40.8

42.5

44.2

45.4

2

34.2

34.1

34.4

33.4

35.0

3
4
5

13.0
21.2
2.9

12.8
21.3
3.1

12.9
21.4
3.2

13.3
20.2
3.3

14.1
20.8
3.4

14.0
21.3
3.6

13.2
21.6
3.7

13.8
22.1
3.8

15.0
23.4
3.9

14.3
24.2
4.0

14.8
25.7
4.0

15.3
26.9
4.1

14.5
26.3
4.1

16.4
26.1
4.1

17.0
27.2
4.1

17.7
27.7
4.1

6

4.0

4.2

3.8

3.3

3.1

3.0

2.9

2.8

2.6

2.5

2.5

2.4

2.1

2.0

1.8

1.7

.1
1.6
.2
1.4

.1
1.2
.2
1.0

.2
-.2
-.3
.1

.2
.9
.5
.4

.2
.4
.4
.0

.3
-.8
.0
-.8

.3
.6
1.0
-.4

.4
1.0
.2
.8

.4
.0
-.7
.7

.4
.3
.2
.1

7
8
9
10

-1.1
-.3
-.8

-.3
.4
-.7

-1.9
-1.0
-1.0

1.1
1.2
-.1

-.5
-.9
.4

.0
1.4
.3
1.1

11

14.4

15.3

15.5

15.4

15.4

16.3

17.2

17.4

17.2

17.8

18.4

19.3

19.7

20.7

22.7

22.7

12

12.6

13.3

13.7

13.6

13.7

14.5

15.4

15.5

15.3

16.0

16.6

17.4

18.0

18.8

20.7

20.6

13

1.8

2.0

1.8

1.8

1.7

1.8

1.8

1.9

1.8

1.8

1.8

1.8

1.8

2.0

2.0

2.1

Equals: Gross farm product

14

25.6

25.8

24.0

25.8

25.6

27.0

25.8

26.4

27.7

28.4

29.3

28.9

28.2

29.3

27.8

29.2

Less:
Capital
consumption
allowances with capital consumption adjustment.
Indirect business tax and
nontax liability.
Plus: Subsidies to operators

15

2.9

2.9

3.1

3.5

3.8

4.2

4.6

4.8

5.0

5.2

5.3

5.3

5.3

5.3

5.4

5.3

16

1.8

1.9

1.7

1.8

1.8

1.9

1.7

1.8

1.9

1.9

2.0

1.9

1.9

2.0

1.9

2.0

17

1.7

1.7

1.7

1.8

1.9

1.9

1.8

1.8

2.0

1.9

2.0

2.1

1.9

2.2

2.3

2.4

Equals: Income

18

22.7

22.8

20.8

22.3

21.9

22.7

21.3

21.7

22.8

23.2

24.0

23.7

23.0

24.3

22.9

24.3

Less: Intermediate goods and services purchased.
Intermediate goods and
services, other than
rent.
Rent paid to nonoperator
landlords.

Line
Farm output
Cash receipts from farm marketings and net Commodity
Credit Corporation loans.
Crops
Livestock
Gross rental value of farm housing.
Farm products consumed on
farms.
Other farm income
Change in farm inventories
Crops
Livestock

1961

1962

1963

1964

1965

1966

1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

1

52.6

53.9

55.5

54.8

56.9

56.9

59.6

59.5

61.0

63.1

65.8

67.0

68.1

65.1

65.9

66.7

2

46.1

46.8

48.6

49.8

50.2

51.6

53.4

53.9

55.5

57.6

59.3

61.4

60.8

60.4

59.8

63.7

3
4
5

17.5
28.6
4.1

17.6
29.2
4.0

18.4
30.2
4.0

18.5
31.4
3.9

19.4
30.9
3.9

20.0
31.6
3.8

20.7
32.6
3.8

21.0
32.9
3.8

22.8
32.7
3.7

23.9
33.7
3.7

23.8
35.5
3.6

25.8
35.7
3.5

26.8
34.1
3.3

26.5
33.9
3.3

26.0
33.8
3.2

28.3
35.3
3.1

6

1.6

1.4

1.3

1.2

1.1

1.0

.9

.9

.8

.8

.8

.8

.9

1.0

1.0

1.0

7
8
9
10

.4
.5
-.1
.6

.4
1.3
.3
1.0

.4
1.2
.5
.7

.5
-.6
-.6
.0

.6
1.2
1.3
-.2

.6
-.2
-.4
.2

.6
.8
.6
.2

.7
.2
-.1
.3

.7
.3
-.1
.4

.6
.4
-.5
.9

.7
1.5
.9
.5

.7
.6
.1
.5

.8
2.3
.8
1.5

.8
-.3
-.9
.7

.8
1.2
2.4
-1.2

.9
-1.9
-.9
-1.0

Less: Intermediate goods and services purchased.
Intermediate goods and
services, other than
rent.
Rent paid to nonoperator
landlords.

11

23.7

25.1

25.9

26.0

27.1

28.6

30.0

30.4

31.5

32.0

33.1

35.1

36.5

33.3

32.3

34.6

12

21.4

22.6

23.3

23.3

24.1

25.6

27.0

27.2

28.1

28.6

29.7

30.6

31.7

29.5

28.4

31.1

13

2.3

2.4

2.6

2.7

3.0

3.0

3.0

3.2

3.3

3.4

3.5

4.5

4.8

3.8

3.9

3.5

Equals: Gross farm product

14

28.9

28.8

29.6

28.8

29.8

28.2

29.5

29.0

29.5

31.1

32.6

31.9

31.6

31.8

33.6

32.1

Less:
Capital
consumption
allowances with capital consumption adjustment.
Indirect business tax and
nontax liability.
Plus: Subsidies to operators

15

5.2

5.2

5.3

5.4

5.5

5.7

6.0

6.2

6.3

6.5

6.6

6.8

7.1

7.2

7.5

7.8

16

2.0

1.9

2.0

1.9

2.0

1.9

2.0

1.9

1.9

2.0

2.2

2.1

2.1

2.1

2.2

2.0

17

2.3

2.4

2.5

2.5

2.6

2.7

2.8

2.8

3.1

3.2

3.2

3.5

3.6

3.5

3.5

3.8

Equals: Income

18

24.1

24.0

24.7

24.0

24.8

23.3

24.4

23.8

24.3

25.8

27.1

26.5

26.1

26.0

27.4

26.1




Table 1.20.—Housing Output, Gross Product, and Income: Annually, 1929-76
[Billions of dollars]
Line
1

1929

1930

1931

1932

1933

1934

1935

1936

1937

1939

1938

1940

1942

1941

1943

1944

1

11.3

10.9

10.2

8.9

7.9

7.6

7.7

7.9

8.4

8.9

9.1

9.4

10.1

10.8

11.3

11.8

2
3
4
5

10.4
5.9
4.5
.9

10.0
5.6
4.5
.9

9.4
5.1
4.3
.8

8.3
4.4
3.9
.7

7.3
3.8
3.4
.6

6.9
3.6
3.3
.6

7.0
3.6
3.3
.7

7.2
3.8
3.5
.7

7.7
4.0
3.8
.7

8.1
4.1
4.0
.7

8.3
4.2
4.1
.7

8.6
4.3
4.3
.7

9.3
4.7
4.6
.8

10.0
5.2
4.8
.8

10.4
5.6
4.8
.9

10.9
6.1
4.8
1.0

Less: Intermediate goods and serv- 6
ices consumed 2.

1.6

1.5

1.3

1.1

1.0

1.1

1.3

1.4

1.5

1.5

1.6

1.6

1.8

1.8

1.7

1.7

Housing output

Nonfarm housing
Owner-occupied
Tenant-occupied
Farm housing

7

9.7

9.4

8.9

7.9

6.8

6.4

6.4

6.5

6.9

7.4

7.5

7.7

8.2

9.1

9.6

10.1

8
9
10
11

8.9
5.1
3.8
.8

8.6
4.9
3.7
.8

8.1
4.5
3.6
.7

7.2
3.9
3.3
.6

6.3
3.4
2.9
.6

5.8
3.1
2.7
.6

5.8
3.1
2.7
.6

5.9
3.2
2.8
.6

6.3
3.3
3.0
.6

6.8
3.5
3.3
.6

6.9
3.5
3.3
.6

7.1
3.6
3.5
.6

7.6
3.9
3.7
.6

8.4
4.4
4.0
.7

8.9
4.9
4.1
.7

9.3
5.3
4.0
.8

Less:
Capital
consumption 12
allowances with capital consumption adjustment.
Capital
consumption 13
allowances.
Less: Capital consumption 14
adjustment.
Indirect business tax and 15
nontax liability plus business transfer payments.
Plus: Subsidies less current sur- 16
plus of government enterprises.

2.1

2.1

1.9

1.6

1.6

1.7

1.7

1.8

2.0

2.1

2.1

2.2

2.5

2.7

2.9

3.1

1.3

1.4

1.4

1.4

1.4

1.4

1.4

1.4

1.4

1.4

1.5

1.5

1.6

1.6

1.6

1.6

-.8

-.8

-.6

-.2

-.2

-.3

-.3

-.4

-.6

-.6

-.6

-.7

-.9

-1.1

-1.3

-1.5

2.0

2.1

2.1

2.0

1.7

1.7

1.8

1.8

1.8

1.9

1.8

1.9

1.9

2.0

2.1

2.1

17

5.6

5.2

4.9

4.3

3.5

2.9

2.9

3.0

3.1

3.5

3.5

3.6

3.8

4.4

4.7

4.9

Compensation of em- 18
ployees.
Proprietors'
income 19
with inventory valuation and capital
consumption adjustments.
Rental income of per- 20
sons with capital
consumption adjustment.
Corporate profits with 21
inventory valuation
and capital consumption
adjustments.
22
Net interest

.2

.2

.2

.2

.2

.2

.2

.2

.2

.2

.2

.3

.2

.2

.3

.3

.3

.3

.2

.2

.1

.2

.2

.2

.2

.2

.2

.2

.2

.3

.3

.4

3.3

3.0

2.6

2.2

1.6

1.1

1.1

1.1

1.3

1.6

1.7

1.7

1.9

2.5

2.7

2.8

.0

-.1

-.1

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

1.8

1.8

1.8

1.8

1.6

1.6

1.5

1.5

1.4

1.4

1.4

1.4

1.4

1.4

1.4

1.3

Equals: Gross housing product
Nonfarm housing
Owner-occupied
Tenant-occupied
Farm housing

Equals: Income

Line
Housing output 1

1945

1946

1947

1948

1949

1950

1951

1952

1953

1954

1955

1956

1957

1958

1959

1960

1

12.2

13.6

15.2

17.1

18.9

20.9

23.4

26.0

28.9

31.2

33.2

35.5

38.0

40.6

43.6

46.7

2
3
4
5

11.2
6.5
4.7
1.1

12.3
7.4
4.9
1.3

13.7
8.5
5.3
1.4

15.6
9.7
5.9
1.5

17.5
11.0
6.5
1.4

19.4
12.4
7.1
1.5

21.8
14.1
7.7
1.6

24.3
15.9
8.4
1.7

27.1
17.9
9.2
1.8

29.5
19.7
9.8
1.7

31.5
21.4
10.1
1.7

33.7
23.2
10.5
1.7

36.2
25.0
11.2
1.8

38.8
27.0
11.8
1.9

41.6
29.0
12.5
2.0

44.6
31.3
13.3
2.1

Less: Intermediate goods and serv- 6
ices consumed 2.

1.8

2.9

3.7

4.3

4.5

4.9

5.5

5.9

6.3

6.5

6.8

7.1

7.3

7.3

7.7

7.9

7

10.4

10.7

11.5

12.9

14.4

16.0

17.9

20.1

22.5

24.7

26.5

28.3

30.7

33.3

35.9

38.7

8
9
10
11

9.5
5.6
3.9
.9

9.7
5.6
4.1
1.0

10.4
6.1
4.3
1.1

11.7
6.9
4.8
1.2

13.2
7.9
5.3
1.2

14.7
9.1
5.7
1.3

16.5
10.5
6.1
1.4

18.7
12.2
6.5
1.4

21.1
14.0
7.0
1.5

23.3
15.9
7.4
1.4

25.0
17.4
7.7
1.5

26.9
19.0
7.9
1.4

29.2
20.7
8.5
1.5

31.7
22.6
9.1
1.6

34.2
24.5
9.7
1.7

37.0
26.6
10.4
1.7

Less:
Capital
consumption 12
allowances with capital consumption adjustment.
Capital
consumption 13
allowances.
Less: Capital consumption 14
adjustment.
Indirect business tax and 15
nontax liability plus business transfer payments.
Plus: Subsidies less current sur- 16
plus of government enterprises.

3.3

3.7

4.5

5.1

5.4

5.8

6.5

6.9

7.2

7.5

8.0

8.5

8.9

9.5

9.8

10.0

1.6

1.7

1.9

2.1

2.4

2.7

3.0

3.3

3.6

3.9

4.3

4.7

5.1

5.4

5.8

6.2

-1.7

-2.0

-2.7

-3.0

-3.0

-3.1

-3.5

-3.6

-3.6

-3.6

-3.7

-3.8

-3.8

-4.1

-4.0

-3.7

2.2

2.1

2.2

2.4

2.7

2.8

3.2

3.5

3.8

4.1

4.6

5.1

5.6

6.2

6.7

7.4

.0

.0

.0

.0

.0

.0

-.1

-.1

-.1

-.1

-.1

-.1

.0

-.1

.0

17

4.9

4.9

4.7

5.3

6.3

7.4

8.2

9.6

11.4

13.0

13.8

14.7

16.1

17.6

19.3

21.3

18

.3

.2

.3

.3

.3

.4

.4

.4

.5

.5

.5

.6

.6

.6

.6

.6

19

.5

.5

.6

.6

.6

.6

.7

.7

.7

.7

.8

.7

.8

.9

1.0

1.0

20

2.8

2.7

2.3

2.5

3.2

3.9

4.2

5.2

6.5

7.5

7.7

7.9

8.3

8.7

9.6

10.5

21

.0

.0

.0

.1

.1

, .1

.1

.1

.1

.2

.2

.2

.2

.3

.2

.3

22

1.3

1.4

1.6

1.9

2.1

2.4

2.8

3.2

3.6

4.1

4.6

5.4

6.2

7.1

8.0

8.8

Nonfarm housing
Owner-occupied
Tenant-occupied
Farm housing

Equals: Gross housing product
Nonfarm housing
Owner-occupied
Tenant-occupied
Farm housing

Equals: Income
Compensation of employees.
Proprietors'
income
with inventory valuation and capital
consumption adjustments.
Rental income of persons with capital
consumption adjustment.
Corporate profits with
inventory valuation
and capital consumption
adjustments.
Net interest




Table 1.20.—Housing Output, Gross Product, and Income: Annually, 1929-76—Continued
[Billions of dollars]
Line
Housing output 1

1961

1962

1963

1964

1965

1966

1967

1969

1968

1970

1971

1972

1973

1974

1975

1976

1

49.6

53.1

56.2

59.5

63.3

67.2

71.5

77.2

83.7

90.3

99.0

108.4

119.3

132.6

144.5

160.5

2
3
4
5

47.4
33.3
14.2
2.2

50.8
35.7
15.1
2.3

53.8
37.8
16.0
2.4

57.0
40.0
17.0
2.4

60.8
42.7
18.2
2.5

64.6
45.3
19.2
2.6

68.7
48.3
20.4
2.7

74.4
52.2
22.2
2.8

80.7
56.6
24.0
3.0

87.3
61.3
26.0
3.0

95.7
67.3
28.4
3.2

104.9
74.1
30.8
3.5

115.4
81.7
33.7
3.9

127.9
91.1
36.8
4.7

139.1
99.5
39.5
5.4

154.5
111.1
43.4
6.0

Less: Intermediate goods and serv- 6
ices consumed 2.

8.2

8.4

8.6

8.8

9.1

9.2

9.1

10.6

11.3

12.4

14.4

15.9

17.8

19.9

22.4

25.9

Nonfarm housing
Owner-occupied
Tenant-occupied
Farm housing

7

Nonfarm housing
Owner-occupied
Tenant-occupied
Farm housing
Less:
Capital
consumption
allowances with capital consumption adjustment.
Capital
consumption
allowances.
Less: Capital consumption
adjustment.
Indirect business tax and
nontax liability plus business transfer payments.
Plus: Subsidies less current surplus of government enterprises.

41.5

44.7

47.6

50.6

54.2

58.0

62.3

66.6

72.4

77.9

84.5

92.5

101.5

112.7

122.1

134.6

8
9
10
11

Equals: Gross housing product

39.7
28.6
11.1
1.7

43.0
30.9
12.0
1.8

45.8
33.0
12.9
1.8

48.8
35.1
13.7
1.8

52.4
37.6
14.8
1.9

56.0
40.3
15.7
1.9

60.3
43.3
17.0
2.0

64.5
46.0
18.4
2.1

70.2
50.2
20.0
2.3

75.5
53.9
21.7
2.4

82.1
58.7
23.3
2.5

89.9
64.3
25.6
2.6

98.6
71.1
27.5
3.0

109.1
78.5
30.6
3.6

118.1
86.1
32.0
4.1

130.1
94.7
35.4
4.5

12

10.3

10.7

10.9

11.4

12.0

12.8

13.6

14.8

16.6

17.8

19.5

22.2

24.7

28.3

31.5

34.8

13

6.7

7.1

7.5

8.0

8.5

9.0

9.5

10.1

10.7

11.4

12.3

13.8

14.7

15.9

16.8

18.0

14

-3.6

-3.6

-3.4

-3.4

-3.5

-3.8

-4.1

-4.7

-5.9

-6.4

-7.1

-8.4

-10.0

-12.4

-14.7

-16.8

15

8.2

8.9

9.8

10.7

11.7

12.6

14.1

15.8

17.6

20.1

22.1

23.8

25.6

27.0

29.7

32.4

16

.0

.0

.0

.0

.0

.1

.1

.1

.2

.4

.6

1.4

1.4

1.5

1.7

2.1

17

22.9

25.1

26.8

28.5

30.6

32.7

34.7

36.1

38.4

40.4

43.6

48.0

52.7

58.8

62.6

69.5

Compensation of em- 18
ployees.
Proprietors'
income 19
with inventory valuation and capital
consumption adjustments.
Rental income of per- 20
sons with capital
consumption adjustment.
Corporate profits with 21
inventory valuation
and capital consumption
adjustments.
22
Net interest

.7

.9

1.0

1.1

1.2

1.3

1.4

1.5

1.7

1.8

2.1

2.2

2.4

2.6

2.9

3.1

1.1

1.2

1.2

1.3

1.4

1.4

1.6

1.6

1.7

1.0

1.6

1.7

1.7

2.0

1.9

2.3

11.0

11.8

12.3

12.6

13.1

13.8

14.6

14.2

14.3

14.2

14.3

14.3

14.2

14.5

14.0

14.6

.3

.3

.3

.4

.4

.4

.4

.4

.4

.1

.3

.3

.2

.3

.1

.1

9.7

10.9

11.9

13.2

14.5

15.8

16.8

18.3

20.3

23.3

25.3

29.4

34.1

39.4

43.7

49.3

Equals: Income

1
2

Equals personal consumption expenditures for housing less expenditures for other housing as shown in table 2.4.
Equals intermediate goods and services consumed less the value of losses incurred by lenders due to mortgage defaults.

Table 1.21.—Housing Output, Gross Product, and Income in Constant Dollars: Annually, 1929-76
[Billions of 1972 dollars]
Line
Housing output

1

Nonfarm housing
Owner-occupied
Tenant-occupied
Farm housing

1930

1929

1931

1932

1934

1933

1935

1936

1937

1938

1939

1940

1

19.6

19.4

19.2

18.9

18.5

19.4

19.5

19.7

20.1

20.4

20.8

21.5

2
3
4
5

16.3
9.2
7.1
3.3

16.1
8.9
7.2
3.3

16.0
8.7
7.3
3.3

15.7
8.4
7.3
3.2

15.4
8.5
6.9
3.2

16.3
8.6
7.7
3.1

16.4
8.6
7.8
3.1

16.7
8.6
8.0
3.1

17.0
8.7
8.3
3.1

17.3
8.7
8.5
3.1

17.7
8.9
8.8
3.1

18.2
9.1
9.1
3.2

Less: Intermediate goods and services consumed 2

6

2.7

2.5

2.3

2.0

2.3

2.8

3.1

3.4

3.6

3.3

3.6

3.8

Equals: Gross housing product

7

16.9

17.0

17.0

16.9

16.2

16.6

16.3

16.3

16.5

17.0

17.2

17.7

8
9
10
11

13.9
8.0
5.9
3.0

13.8
7.8
6.0
3.1

13.8
7.6
6.2
3.1

13.7
7.4
6.3
3.1

13.3
7.4
5.9
3.0

13.7
7.3
6.3
2.9

13.7
7.3
6.4
2.7

13.6
7.2
6.4
2.7

13.8
7.3
6.6
2.7

14.4
7.5
7.0
2.6

14.6
7.5
7.1
2.6

15.1
7.7
7.4
2.6

Nonfarm housing
Owner-occupied
Tenant-occupied
Farm housing
Less: Capital consumption allowances with capital consumption adjustment.
Indirect business tax and nontax liability plus business transfer payments.
Plus: Subsidies less current surplus of government enterprises.
Equals: Income




\

12

7.6

7.7

7.7

7.8

7.7

7.7

7.7

7.7

7.8

7.9

7.9

8.0

13

2.7

2.7

2.6

2.6

2.4

2.6

2.5

2.5

2.6

2.7

2.8

2.9

14

.2

.1

.1

.1

.1

.1

.1

.1

.1

.2

.2

.2

15

6.8

6.8

6.7

6.7

6.2

6.4

6.2

6.2

6.3

6.6

6.7

6.9

Table 1.21.—Housing Output, Gross Product, and Income in Constant Dollars: Annually, 1929-76—Continued
[Billions of 1972 dollars]
Line
Housing output

1

Nonfarm housing
Owner-occupied
Tenant-occupied
Farm housing

1942

1941

1944

1943

1950

1949

1948

1947

1946

1945

1952

1951

1

22.6

23.6

24.4

25.2

25.7

27.8

30.0

31.9

34.1

36.5

39.2

41.8

2
3
4
5

19.3
9.8
9.5
3.2

20.4
10.6
9.8
3.2

21.3
11.4
9.9
3.2

22.1
12.3
9.8
3.1

22.6
13.2
9.5
3.1

24.7
14.8
9.9
3.1

26.8
16.5
10.3
3.2

28.6
17.8
10.8
3.3

30.6
19.2
11.4
3.4

32.9
21.0
11.9
3.6

35.5
22.9
12.6
3.7

38.0
24.8
13.1
3.8

Less: Intermediate goods and services consumed 2

6

4.1

3.9

3.6

3.6

3.8

6.0

7.3

7.9

8.0

8.5

9.2

9.4

Equals: Gross housing product

7

18.4

19.8

20.8

21.6

21.9

21.8

22.7

24.0

26.1

28.0

30.0

32.4

8
9
10
11

15.8
8.2
7.6
2.6

17.2
9.0
8.1
2.6

18.2
9.9
8.3
2.6

19.0
10.8
8.2
2.6

19.3
11.4
7.9
2.5

19.5
11.3
8.2
2.3

20.3
11.8
8.5
2.5

21.3
12.6
8.8
2.7

23.1
13.9
9.2
3.0

24.9
15.4
9.6
3.1

26.9
17.0
9.9
3.1

29.2
19.0
10.2
3.2

Nonfarm housing
Owner-occupied
Tenant-occupied
Farm housing

Equals: Income

12

8.2

8.3

8.3

8.2

8.2

8.3

8.5

8.9

9.3

9.7

10.1

10.4

13

3.1

3.5

3.9

4.2

4.3

4.3

4.5

4.7

5.3

5.8

6.3

7.0

14

.2

.2

.2

.2

.2

.3

.3

.3

.3

.3

.4

.4

15

Less: Capital consumption allowances with capital consumption adjustment.
Indirect business tax and nontax liability plus business transfer payments.
Plus: Subsidies less current surplus of government enterprises.

7.3

8.2

8.9

9.5

9.7

9.5

10.0

10.6

11.9

12.9

14.0

15.3

Line
Housing output 1
Nonfarm housing
Owner-occupied
Tenant-occupied
Farm housing

1954

1953

1957

1956

1955

1958

1960

1959

1961

1962

1963

1964

1

44.1

46.2

48.5

50.9

53.4

56.0

58.9

62.0

64.9

68.4

71.5

74.7

2
3
4
5

40.2
26.5
13.6
3.9

42.2
28.2
14.0
4.0

44.5
30.2
14.3
4.0

46.8
32.2
14.6
4.1

49.3
34.1
15.2
4.1

51.9
36.0
15.8
4.1

54.8
38.3
16.5
4.1

57.9
40.6
17.2
4.1

60.8
42.7
18.2
4.1

64.4
45.3
19.2
4.0

67.5
47.4
20.1
4.0

70.8
49.7
21.2
3.9

Less: Intermediate goods and services consumed 2

6

9.6

9.5

9.8

10.2

10.2

10.0

10.4

10.6

10.8

10.8

11.0

11.2

Equals: Gross housing product

7

34.4

36.7

38.7

40.7

43.2

46.0

48.5

51.4

54.1

57.6

60.5

63.6

8
9
10
11

31.2
20.8
10.4
3.2

33.4
22.7
10.6
3.3

35.3
24.5
10.8
3.4

37.3
26.3
11.0
3.4

39.7
28.2
11.6
3.4

42.3
30.2
12.1
3.7

45.2
32.4
12.8
3.4

48.1
34.6
13.5
3.3

50.9
36.7
14.3
3.2

54.5
39.2
15.2
3.1

57.5
41.3
16.1
3.0

60.6
43.6
17.1
2.9

12

10.8

11.2

11.7

12.1

12.6

13.0

13.3

13.8

14.3

14.8

15.3

15.9

13

7.6

8.2

8.7

9.2

9.9

10.7

11.5

12.3

13.1

14.2

15.0

15.9

14

.4

.5

.5

.5

.6

.6

.7

.7

.8

.9

.9

1.0

15

16.5

17.8

18.9

19.9

21.3

22.9

24.4

26.0

27.5

29.5

31.0

32.7

Nonfarm housing
Owner-occupied
Tenant-occupied
Farm housing
Less: Capital consumption allowances with capital consumption adjustment.
Indirect business tax and nontax liability plus business transfer payments.
Plus: Subsidies less current surplus of government enterprises.
Equals: Income

Line
Housing output

1

Nonfarm housing
Owner-occupied
Tenant-occupied
Farm housing

1965

1966

1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

1

78.6

82.2

85.7

90.0

94.7

98.1

102.6

108.4

113.9

119.9

123.8

130.1

2
3
4
5

74.8
52.5
22.3
3.9

78.3
55.0
23.3
3.8

81.9
57.6
24.3
3.8

86.2
60.4
25.8
3.8

90.9
63.8
27.1
3.7

94.5
66.4
28.1
3.7

99.1
69.7
29.4
3.6

104.9
74.1
30.8
3.5

110.5
78.2
32.3
3.3

116.6
83.1
33.5
3.3

120.6
86.3
34.3
3.2

127.1
91.4
35.7
3.1

Less: Intermediate goods and services consumed 2

6

11.3

11.3

11.0

12.1

12.8

13.5

15.0

15.9

16.9

17.9

19.0

20.9

Equals: Gross housing product

7

67.3

70.9

74.7

77.9

81.9

84.6

87.7

92.5

97.0

102.0

104.8

109.3

8
9
10
11

64.4
46.3
18.2
2.9

68.0
48.9
19.1
2.9

71.9
51.6
20.3
2.8

75.0
53.6
21.5
2.8

79.1
56.6
22.5
2.8

81.8
58.3
23.5
2.9

85.0
60.8
24.2
2.7

89.9
64.3
25.6
2.6

94.4
68.1
26.3
2.5

99.5
71.6
27.9
2.5

102.4
74.7
27.7
2.4

107.0
77.9
29.1
2.3

Nonfarm housing
Owner-occupied
Tenant-occupied
Farm housing
Less: Capital consumption allowances with capital consumption adjustment.
Indirect business tax and nontax liability plus business transfer payments.
Plus: Subsidies less current surplus of government enterprises.

12

16.6

17.1

17.7

18.3

19.0

19.7

20.5

22.2

22.7

23.5

24.1

24.8

13

17.0

18.0

19.2

18.6

21.2

21.9

22.7

23.8

25.2

26.6

27.4

28.7

14

1.0

1.1

1.2

1.1

1.3

1.3

1.4

1.4

1.5

1.6

1.7

1.7

Equals: Income

15

34.8

36.8

39.0

42.1

43.0

44.4

45.9

48.0

50.6

53.5

54.9

57.5

1
2

Equals personal consumption expenditures for housing less expenditures for other housing as shown in table 2.5.
Equals intermediate goods and services consumed less the value of losses incurred by lenders due to mortgage defaults.




Table 1.22.—Gross National Product Originating in Government, Farm, and All Other Industries, in Current and Constant Dollars: Annually,
1909-28
[Billions of dollars]
Line

1909

1910

1911

1912

1913

1914

1915

1916

1917

1918

1919

1920

1921

1922

1923

1924

1925

1926

1927

1928

Current dollars
Gross national product
Government
Farm
Other 1

1

33.4

35.4

35.8

39.4

39.6

38.6

40.0

48.3

60.4

76.4

84.2

91.5

69.6

74.2

85.3

84.9

93.3

97.2

95.1

97.1

2
3
4

1.0
5.4
27.0

1.1
5.8
28.5

1.1
5.1
29.6

1.2
6.3
32.0

1.3
5.6
32.7

1.4
6.1
31.1

1.5
6.3
32.3

1.5
6.8
40.0

2.2
10.9
47.3

5.1
12.0
59.3

3.6
12.7
68.0

2.9
12.1
76.5

3.2
7.0
59.5

3.1
7.8
63.3

3.2
8.6
73.5

3.4
8.3
73.2

3.5
10.1
79.6

3.7
9.4
84.0

3.9
9.1
82.0

4.1
9.4
83.5

5

180.9

186.0

191.9

201.5

203.4

196.0

193.6

208.2

211.4

244.3

229.0

214.3

199.9

229.5

254.1

256.4

276.0

291.8

293.3

296.2

6
7
8

12.8
19.7
148.3

13.5
20.2
152.4

14.0
19.6
158.3

14.5
22.0
164.9

15.0
19.9
168.5

15.7
21.9
158.4

16.3
22.7
154.6

16.8
21.6
169.7

21.3
22.3
167.7

41.8
21.8
180.7

29.2
21.6
178.1

22.0
21.6
170.6

21.8
18.9
159.2

21.3
21.0
187.2

21.6
21.7
210.8

22.5
21.2
212.7

23.4
23.2
229.5

24.0
22.2
245.7

24.8
22.7
245.8

25.3
22.0
248.8

9

18.5

19.0

18.7

19.6

19.5

19.7

20.7

23.2

28.6

31.3

36.8

42.7

34.8

32.3

33.6

33.1

33.8

33.3

32.4

32.8

10
11
12

7.7
27.5
18.2

7.9
28.9
18.7

8.1
25.9
18.7

8.3
28.4
19.4

8.5
28.2
19.4

8.7
27.8
19.6

8.9
27.8
20.9

9.2
31.4
23.5

10.4
49.0
28.2

12.2
55.1
32.8

12.2
58.6
38.2

13.3
56.0
44.8

14.5
36.8
37.4

14.6
37.1
33.8

14.8
39.6
34.9

14.9
39.3
34.4

15.2
43.7
34.7

15.5
42.4
34.2

15.9
40.3
33.4

16.3
42.7
33.6

1972 dollars
Gross national product
Government
Farm
Other 1
Implicit price deflators [Index
numbers, 1972 = 100]
Gross national product
Government
Farm.
Other 1
1

Consists of nonfarm business, households and institutions, and rest of the world, for which separate estimates are not available prior to 1929.




2. Personal Income and Outlays
Table 2.1.—Personal Income and Its Disposition: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-76
[Millions of dollars]
Line
Pergonal income

1929

1930

1931

1932

1933

1934

1935

1936

1937

1938

1939

1940

1941

1942

1943

1944

1

84,994

76,273

65,477

50,147

47,004

53,749

60,343

68,523

73,839

68,041

72,434

77,902

95,426

122,573

150,845

164,511

Wage and salary disbursements.. 2

50,460

46,214

39,157

30,514

29,027

33,734

36,722

41,954

46,139

43,013

45,985

49,860

62,085

82,098

105,577

116,942

Commodity-producing industries.
Manufacturing
Distributive industries
Service industries
Government and government
enterprises.

3

21,505

18,548

14,297

9,936

9,815

12,064

13,547

15,793

18,358

15,276

17,358

19,712

27,518

39,140

48,972

50,390

4
5
6
7

16,092
15,558
8,436
4,961

13,850
14,491
7,996
5,179

10,810
12,523
7,053
5,284

7,678
9,758
5,828
4,992

7,827
8,804
5,245
5,163

9,643
9,918
5,655
6,097

10,829
10,708
5,940
6,527

12,410
11,765
6,501
7,895

14,571
13,162
7,095
7,524

11,837
12,631
6,848
8,258

13,585
13,284
7,102
8,241

15,584
14,202
7,482
8,464

21,714
16,320
8,057
10,190

30,922
18,010
8,972
15,976

40,883
20,129
9,859
26,617

42,913
22,705
10,879
32,968

Other labor income

8

527

515

473

414

378

412

441

530

548

547

569

626

706

857

1,080

1,525

Proprietors' income with inven- 9
tory valuation and capital
consumption adjustments.

15,043

11,865

9,179

5,696

5,857

7,583

10,739

11,004

13,203

11,303

11,806

12,997

17,484

24,220

29,116

30,362

10
11

6,144
8,899

4,343
7,522

3,430
5,749

2,086
3,610

2,522
3,335

2,894
4,689

5,255
5,484

4,313
6,691

6,020
7,183

4,394
6,909

4,388
7,418

4,410
8,587

6,380
11,104

10,093
14,127

11,981
17,135

11,950
18,412

12

4,910

4,367

3,564

2,880

2,184

1,746

1,754

1,793

1,935

2,375

2,574

2,662

3,064

3,986

4,403

4,539

13
14
15

5,801
6,889
1,506

5,468
6,448
1,543

4,066
6,465
2,724

2,544
6,071
2,180

2,038
5,547
2,125

2,567
5,661
2,203

2,844
5,594
2,411

4,523
5,367
3,532

4,660
5,489
2,431

3,165
5,345
2,847

3,766
5,353
2,977

4,016
5,268
3,131

4,431
5,334
3,123

4,254
5,178
3,146

4,446
5,096
2,966

4,617
5,173
3,589

1

10

14

35

88

130

165

209

Farm
Nonfarm
Rental income of persons with
capital consumption adjustment.
Personal dividend income
Personal interest income
Transfer payments

Old-age, survivors, disability, 16
and health insurance benefits.
Government
unemployment 17
insurance benefits.
Veterans benefits.....
18
Government employees retire- 19
ment benefits.
Other transfer payments
20
Aid to families with depend- 21
ent children.
Other
22

2

393

435

534

358

350

81

63

558
128

599
140

1,576
154

782
169

555
192

444
215

471
233

1,881
251

584
264

524
276

541
289

546
306

516
315

506
329

521
359

957
409

820

804

994

1,229

1,378

1,544

1,707

1,400

1,580

1,644

1,698

1,710

1,846

1,831

1,840

1,951

Less: Personal contributions 23
for social insurance.

142

147

151

152

152

157

162

180

566

554

596

658

801

1,166

1,839

2,236

Less: Personal tax and nontax 24
payments.

2,595

2,460

1,817

1,420

1,437

1,568

1,861

2,231

2,895

2,834

2,413

2,574

3,270

5,942

17,819

18,901

82,399

73,813

63,660

48,727

45,567

52,181

58,482

66,292

70,944

65,207

70,021

75,328

92,156

116,631

133,026

145,610

Equals:
Disposable
income.

personal

Less: Personal outlays

25
26

79,126

71,097

61,425

49,332

46,466

51,988

56,425

62,782

67,502

64,852

67,823

71,956

81,848

89,402

100,141

108,965

Personal consumption expendi- 27
tures.
Interest paid by consumers to 28
business.
Personal transfer payments to 29
foreigners (net).

77,251

69,916

60,482

48,591

45,811

51,344

55,764

61,996

66,621

64,032

66,968

70,979

80,765

88,592

99,407

108,151

Equals: Personal saving

1,532

875

664

524

464

482

499

610

706

667

704

799

904

687

485

457

343

306

279

217

191

162

162

176

175

153

151

178

179

123

249

357

30

3,273

2,716

2,235

-605

-899

193

2,057

3,510

3,442

355

2,198

3,372

10,308

27,229

32,885

36,645

Addenda:
Disposable personal income:
Total, billions of 1972 dollars....
Per capita:
Current dollars
1972 dollars
Population (mid-period, thousands).

31

229.5

210.6

201.9

174.4

169.6

179.8

196.8

220.5

227.7

212.6

229.8

244.0

277.9

317.5

332.1

343.6

32
33
34

676
1,883
121,878

599
1,710
123,188

513
1,626
124,149

390
1,395
124,949

363
1,349
125,690

413
1,421
126,485

459
1,545
127,362

517
1,721
128,181

550
1,765
128,961

502
1,636
129,969

534
1,754
131,028

570
1,847
132,122

691
2,083
133,402

865
2,354
134,860

973
2,429
136,739

1,052
2,483
138,397

Personal saving as percentage 35
of
disposable
personal
income.

4.0

3.7

3.5

-1.2

-2.0

.4

3.5

5.3

4.9

.5

3.1

4.5

11.2

23.3

24.7

25.2




Table 2.1.—Personal Income and Its Disposition: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-76—Continued
[Millions of dollars]
Line

1945

1946

1947

1948

1949

1950

1951

1952

1953

1954

1955

1956

1957

1958

1959

1960

1

169,958

177,608

190,080

209,014

206,375

227,181

254,942

271,772

287,688

289,603

310,341

332,577

351,017

361,146

384,429

402,346

Wage and salary disbursements . 2

117,479

112,035

123,082

135,502

134,765

147,002

171,267

185,356

198,622

196,795

211,669

228,349

239,254

240,499

258,935

271,932

3

45,856

46,022

54,244

61,073

57,817

64,758

76,297

82,047

89,607

85,685

93,129

100,573

104,162

100,016

109,604

113,113

4
5
6
7

38,229
24,773
11,948
34,902

36,476
30,993
14,320
20,700

42,461
35,203
16,122
17,513

47,145
37,537
17,885
19,007

44,638
37,655
18,480
20,813

50,288
39,820
19,806
22,618

59,325
44,260
21,541
29,169

64,146
46,861
23,119
33,329

71,194
49,730
24,890
34,395

67,519
50,115
26,111
34,884

73,830
53,381
28,585
36,574

79,408
57,698
31,300
38,778

82,430
60,486
33,618
40,988

78,629
60,778
35,610
44,095

86,837
64,797
38,508
46,026

89,671
68,241
41,428
49,150

Personal income

Commodity-producing industries.
Manufacturing
Distributive industries
Service industries
Government and government
enterprises.

8

1,794

1,957

2,378

2,715

2,938

3,654

4,626

5,187

5,876

6,115

7,022

8,048

9,039

9,399

10,574

11,220

Proprietors' income with inven- 9
tory valuation and capital
consumption adjustments.

31,793

36,684

35,898

40,864

36,376

38,703

43,229

43,356

41,765

41,235

42,880

43,939

45,286

47,710

47,613

47,203

10
11

12,378
19,415

14,866
21,818

15,135
20,763

17,555
23,309

12,824
23,552

13,694
25,009

16,072
27,157

15,119
28,237

13,124
28,641

12,499
28,736

11,451
31,429

11,245
32,694

11,130
34,156

13,188
34,522

10,907
36,706

11,712
35,491

12

4,604

5,467

5,252

5,701

6,116

7,071

7,710

8,803

10,026

11,029

11,270

11,634

12,247

12,867

13,637

14,486

13
14
15

4,600
5,851
6,170

5,560
6,590
11,326

6,302
7,556
11,730

7,015
8,068
11,327

7,210
8,731
12,473

8,803
9,660
15,182

8,520
10,454
12,578

8,493
11,221
13,149

8,795
12,488
14,101

9,149
13,722
16,181

10,311
14,944
17,481

11,085
16,666
18,676

11,514
18,773
21,596

11,304
20,327
25,901

12,171
22,455
26,980

12,890
24,953
28,940

Old-age, survivors, disability, 16
and health insurance benefits.
Government
unemployment 17
insurance benefits.
18
Veterans benefits
Government employees retire- 19
ment benefits.
20
Other transfer payments
Aid to families with depend- 21
ent children.
Other..
22

273

378

463

552

664

954

1,872

2,177

2,979

3,633

4,915

5,652

7,321

8,478

10,175

11,130

Other labor income

Farm
Nonfarm
Rental income of persons with
capital consumption adjustment.
Personal dividend income
Personal interest income
Transfer payments

448

1,133

829

850

1,865

1,457

884

1,068

1,046

2,221

1,516

1,520

1,899

4,146

2,754

2,996

2,975
496

6,971
726

6,958
722

5,935
746

5,282
865

7,707
987

4,582
1,106

4,322
1,232

4,074
1,404

4,160
1,522

4,448
1,679

4,379
1,945

4,523
2,198

4,666
2,464

4,592
2,758

4,571
3,067

1,978

2,118

2,758
295

3,244
364

3,797
475

4,077
551

4,134
552

4,350
539

4,598
545

4,645
573

4,923
613

5,180
633

5,655
714

6,147
836

6,701
934

7,176
991

2,463

2,880

3,322

3,526

3,582

3,811

4,053

4,072

4,310

4,547

4,941

5,311

5,767

6,185

2,178

2,234

2,894

3,442

3,793

3,985

4,623

5,236

5,820

6,692

6,861

7,936

9,278

Less: Personal contributions 23
for social insurance.

2,333

2,011

2,118

Less: Personal tax and nontax 24
payments.

20,840

18,673

21,392

21,026

18,506

20,591

28,921

34,033

35,469

32,504

35,383

39,651

42,379

42,136

45,980

50,354

25

149,118

158,935

168,688

187,988

187,869

206,590

226,021

237,739

252,219

257,099

274,958

292,926

308,638

319,010

338,449

351,992

Equals:
Disposable
income.

personal

26

120,439

145,196

163,451

176,850

180,389

194,673

209,960

220,360

233,700

240,117

258,514

271,591

286,352

295,444

317,312

332,317

Personal consumption expendi- 27
tures.
Interest paid by consumers to 28
business.
Personal transfer payments to 29
foreigners (net).

119,493

143,808

161,742

174,749

178,135

191,966

207,066

217,093

229,665

235,842

253,666

266,008

280,409

289,461

310,773

324,907

473

727

1,046

1,423

1,748

2,269

2,508

2,863

3,569

3,807

4,437

5,091

5,450

5,560

6,103

6,987

473

661

663

678

506

438

386

404

466

468

411

492

493

423

436

423

30

28,679

13,739

5,237

11,138

7,480

11,917

16,061

17,379

18,519

16,982

16,444

21,335

22,286

23,566

21,137

19,675

31

338.1

332.7

318.8

335.8

336.8

362.8

372.6

383.2

399.1

403.2

426.8

446.2

455.5

460.7

479.7

489.7

32
33
34

1,066
2,416
139,928

1,124
2,353
141,389

1,170
2,212
144,126

1,282
2,290
146,631

1,259
2,257
149,188

1,362
2,392
151,684

1,465
2,415
154,287

1,515
2,441
156,954

1,581
2,501
159,565

1,583
2,483
162,391

1,664
2,582
165,275

1,741
2,653
168,221

1,802
2,660
171,274

1,832
2,645
174,141

1,903
2,697
177,888

1,947
2,709
180,760

Personal saving as percentage 35
of
disposable
personal
income.

19.2

8.6

3.1

5.9

4.0

5.8

7.1

7.3

7.3

6.6

6.0

7.3

7.2

7.4

6.2

5.6

Less: Personal outlays

Equals: Personal saving
Addenda:
Disposable personal income:
Total, billions of 1972 dollars...
Per capita:
Current dollars
1972 dollars
Population (mid-period, thousands).




Table 2.1.—Personal Income and Its Disposition: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-76—Continued
[Millions of dollars]
Line

1961

1962

1963

1964

1965

1966

1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

1

417,816

443,626

466,199

499,205

540,653

588,167

629,990

690,604

754,673

811,088

868,448

951,353 1,065,183 1,168,593 1,264,963 1,391,192

Wage and salary disbursements . 2

279,462

298,043

313,385

336,133

362,005

398,363

426,972

469,581

515,670

548,713

580,947

635,194

702,652

765,744

806,389

889,925

Commodity-producing industries.
Manufacturing
Distributive industries
Service industries
Government and government
enterprises.

3

113,673

121,780

126,919

135,446

146,034

160,996

168,334

183,382

199,613

202,959

208,334

227,334

254,309

274,702

275,039

307,254

4
5
6
7

89,799
69,253
44,101
52,435

96,651
72,789
47,166
56,308

100,585
76,256
50,226
59,984

107,131
81,448
54,360
64,879

115,506
87,222
58,889
69,860

128,006
94,369
64,665
78,333

134,108
100,904
71,314
86,420

145,821
109,986
79,592
96,621

157,490
120,833
89,698
105,526

158,173
130,292
98,324
117,138

160,341
139,423
106,702
126,488

175,370
152,114
118,242
137,504

196,186
168,320
131,274
148,749

211,388
184,562
145,554
160,926

211,045
195,637
159,656
176,057

237,423
216,580
177,407
188,684

Personal income

8

11,824

13,038

13,961

15,725

17,840

19,895

21,651

25,237

28,462

32,507

36,686

43,027

48,836

55,847

64,523

75,865

Proprietors' income with inven- 9
tory valuation and capital
consumption adjustments.

48,590

49,891

50,529

52,461

56,936

60,516

61,209

63,978

67,043

66,229

69,384

76,856

93,795

88,728

90,020

94,072

10
11

12,126
36,464

12,255
37,636

12,043
38,486

10,800
41,661

13,105
43,831

14,118
46,398

12,641
48,568

12,694
51,284

14,561
52,482

14,339
51,890

15,028
54,356

18,719
58,137

32,806
60,989

26,480
62,248

24,620
65,400

19,089
74,983

Rental income of persons with 12
capital consumption adjustment.
13
Personal dividend income
14
Personal interest income
15
Transfer payments

15,027

15,759

16,536

17,063

17,965

18,723

19,698

19,548

19,591

19,704

20,236

21,002

22,580

23,539

23,015

23,505

13,347
26,403
32,817

14,410
29,033
33,770

15,504
32,223
35,838

17,325
35,632
37,430

19,120
39,699
40,414

19,439
44,356
44,667

20,157
48,319
52,595

21,932
53,368
59,825

22,378
61,110
66,650

22,215
69,428
80,149

22,628
74,803
94,435

24,108
80,935
104,681

26,510
93,890
119,512

29,073
112,364
141,221

29,928
123,202
178,308

36,514
132,523
194,273

16

12,614

14,298

15,245

16,018

18,067

20,794

25,463

30,226

32,918

38,455

44,451

49,555

60,377

70,143

81,426

92,867

Other labor income

Farm
Nonfarm

Old-age, survivors, disability,
and health insurance benefits.
Government
unemployment
insurance benefits.
Veterans benefits
Government employees retirement benefits.
Other transfer payments
Aid to families with dependent children.
Other

17

4,295

3,104

2,971

2,688

2,299

1,875

2,191

2,139

2,241

3,985

5,811

5,669

4,370

6,774

17,619

15,784

18
19

4,958
3,383

4,650
3,715

4,841
4,160

4,717
4,712

4,915
5,160

4,862
6,094

5,592
6,931

5,920
7,583

6,697
8,730

7,656
10,223

8,754
11,839

9,738
13,817

10,442
16,030

11,828
19,027

14,471
22,730

14,367
26,137

20
21

7,567
1,146

8,003
1,288

8,621
1,356

9,295
1,500

9,973
1,650

11,042
1,854

12,418
2,256

13,957
2,824

16,064
3,538

19,830
4,826

23,580
6,177

25,902
6,882

28,293
7,182

33,449
7,895

42,062
9,232

45,118
10,053

22

6,421

6,715

7,265

7,795

8,323

9,188

10,162

11,133

12,526

15,004

17,403

19,020

21,111

25,554

32,830

35,065

Less: Personal contributions 23
for social insurance.

9,654

10,318

11,777

12,564

13,326

17,792

20,611

22,865

26,231

27,857

30,671

34,450

42,592

47,923

50,422

55,485

Less: Personal tax and nontax 24
payments.

52,066

56,835

60,320

58,618

64,874

74,477

82,078

97,186

115,740

115,800

116,697

141,031

150,688

170,248

168,895

196,833

25

365,750

386,791

405,879

440,587

475,779

513,690

547,912

593,418

638,933

695,288

751,751

810,322

914,495

998,345 1,096,068 1,194,359

Equals:
Disposable
income.

personal

Less: Personal outlays

26

342,742

363,498

383,986

411,029

442,118

477,738

503,600

551,481

598,345

639,503

691,100

757,712

835,533

913,227 1,001,783 1,111,868

Personal consumption expendi- 27
tures.
Interest paid by consumers to 28
business.
Personal transfer payments to 29
foreigners (net).

334,997

355,219

374,581

400,497

430,378

465,118

490,262

536,883

581,781

621,721

672,242

737,054

811,964

888,111

7,311

7,802

8,830

9,918

11,063

11,965

12,459

13,762

15,625

16,686

17,741

19,549

22,319

24,099

24,428

26,680

434

477

575

614

677

655

879

836

939

1,096

1,117

1,109

1,250

1,017

906

917

30

23,008

23,293

21,893

29,558

33,661

35,952

44,312

41,937

40,588

55,785

60,651

52,610

78,962

85,118

94,285

82,491

31

503.8

524.9

542.3

580.8

616.3

646.8

673.5

701.3

722.5

751.6

779.2

810.3

865.3

858.4

875.8

907.4

32
33
34

1,991
2,742
183,742

2,073
2,813
186,590

2,144
2,865
189,300

2,296
3,026
191,927

2,448
3,171
194,347

2,613
3,290
196,599

2,757
3,389
198,752

2,956
3,493
200,745

3,152
3,564
202,736

3,390
3,665
205,089

3,620
3,752
207,692

3,860
3,860
209,924

4,315
4,083
211,939

4,667
4,013
213,898

5,075
4,055
215,981

5,477
4,161
218,086

Personal saving as percentage 35
of
disposable
personal
income.

6.3

6.0

5.4

6.7

7.1

7.0

8.1

7.1

6.4

8.0

8.1

6.5

8.6

8.5

8.6

6.9

Equals: Personal saving

976,449 1,084,271

Addenda:
Disposable personal income:
Total, billions of 1972 dollars...
Per capita:
Current dollars
1972 dollars
Population (mid-period, thousands).




Table 2.1.—Personal Income and Its Disposition: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-76—Continued
[Billions of dollars]
1947

1946

1948

I

III

II

I

IV

II

IV

III

II

I

1950

1949

Line
III

IV

II

I

III

IV

II

I

III

IV

1

169.4

174.9

180.9

184.4

186.7

184.9

192.5

196.0

202.0

207.5

213.2

213.3

207.6

206.1

205.3

206.4

220.0

220.4

229.2

238.5

Wage and salary disbursements.. 2

106.8

110.4

113.5

117.2

119.6

121.4

123.4

127.8

131.2

133.0

138.2

139.4

136.8

134.9

133.9

133.4

136.9

142.6

150.5

157.9

Commodity-producing industries.
Manufacturing
Distributive industries
Service industries
Government and government
enterprises.

3

40.2

44.9

48.1

50.7

52.3

53.4

54.3

56.9

59.4

59.8

62.4

62.6

60.3

57.8

57.1

56.0

58.4

62.5

67.1

71.1

4
5
6
7

31.5
28.2
13.5
24.9

35.9
31.0
14.0
20.4

38.3
31.9
14.6
18.9

40.2
32.7
15.2
18.6

41.2
33.8
15.6
17.9

41.9
34.3
16.1
17.6

42.3
35.8
16.3
17.0

44.3
36.9
16.4
17.5

46.1
36.6
17.4
17.9

46.4
37.1
17.8
18.3

48.0
38.2
18.1
19.5

48.0
38.3
18.2
20.3

46.4
37.9
18.2
20.4

44.5
38.2
18.4
20.6

44.4
37.4
18.4
20.9

43.3
37.2
18.9
21.4

45.4
37.9
19.2
21.4

48.4
39.0
19.5
21.6

52.0
40.8
19.9
22.8

55.4
41.6
20.5
24.7

Personal income

8

1.9

1.9

2.0

2.1

2.2

2.3

2.4

2.5

2.7

2.7

2.7

2.8

2.8

2.9

3.0

3.1

3.3

3.5

3.8

4.0

Proprietors' income with inven- 9
tory valuation and capital
consumption adjustments.

34.2

35.9

38.5

38.1

37.6

34.0

35.3

36.8

38.1

42.0

42.3

41.0

37.0

36.4

35.8

36.3

36.9

37.4

39.8

40.7

10
11

13.0
21.2

13.7
22.3

16.2
22.4

16.6
21.5

16.7
20.8

13.4
20.5

14.8
20.5

15.6
21.2

15.7
22.4

18.9
23.2

18.5
23.8

17.1
23.9

13.5
23.5

12.9
23.5

12.3
23.5

12.7
23.7

13.1
23.8

12.9
24.5

13.8
26.0

15.0
25.7

12

5.2

5.4

5.5

5.7

5.4

5.1

5.1

5.4

5.5

5.6

5.8

5.9

5.9

6.0

6.2

6.4

6.8

6.9

7.2

7.4

13
14
15

5.1
6.0
12.3

5.5
6.3
11.4

5.7
6.6
11.1

6.1
6.7
10.4

6.1
7.3
10.6

6.4
7.4
10.5

6.6
7.5
14.4

6.5
7.6
11.5

7.1
7.9
11.7

6.7
7.9
11.5

7.1
8.0
11.2

7.4
8.1
10.9

7.2
8.4
11.7

7.2
8.6
12.4

7.1
8.7
12.9

7.4
8.9
13.1

8.3
9.2
21.4

8.3
9.4
15.0

9.1
9.8
11.9

9.5
9.9
12.2

Old-age, survivors, disability, 16
and health insurance benefits.
Government
unemployment 17
insurance benefits.
18
Veterans benefits
Government employees retire- 19
ment benefits.
20
Other transfer payments
Aid to families with depend- 21
ent children.
22
Other

.3

.4

.4

.4

.4

.5

.5

.5

.5

.5

.6

.6

.6

.7

.7

.7

.7

.8

.8

1.5

1.4

1.2

1.0

.9

.8

.8

.9

.8

.7

.8

.9

1.0

1.3

1.7

2.1

2.5

2.0

1.5

1.1

1.0

7.9
.7

7.1
.8

6.7
.7

6.1
.7

6.2
.7

5.8
.7

9.3
.7

6.5
.7

6.3
.7

6.1
.7

5.8
•8

5.6
.8

5.6
.8

5.4
.9

5.2
.9

5.0
.9

13.6
1.0

7.1
1.0

5.3
1.0

4.8
1.0

1.9

1.9

2.3

2.3

2.4
.3

2.6
.3

3.0
.3

3.0
.4

3.4
.3

3.3
.3

3.3
.4

3.0
.4

3.4
.4

3.7
.5

4.0
.5

4.0
.5

4.1
.5

4.6
.5

3.8
.6

3.8
.6

1.9

1.9

2.3

2.3

2.2

2.4

2.7

2.6

3.1

2.9

2.9

2.6

3.0

3.3

3.5

3.5

3.6

4.0

3.2

3.3

Less: Personal contributions 23
for social insurance.

2.1

2.1

2.0

1.9

2.2

2.2

2.1

2.1

2.1

2.1

2.2

2.3

2.3

2.2

2.2

2.2

2.8

2.8

2.9

3.1

Less: Personal tax and nontax 24
payments.

17.4

18.8

19.3

19.2

20.8

21.0

21.4

22.4

22.9

20.9

20.1

20.2

19.6

18.8

18.1

17.6

18.3

19.3

20.6

24.2

25

152.2

156.3

161.8

165.3

165.9

163.9

171.1

173.5

179.1

186.6

193.1

193.1

188.1

187.4

187.2

188.8

201.7

201.2

208.6

214.3

Other labor income

Farm
Nonfarm
Rental income of persons with
capital consumption adjustment.
Personal dividend income
Personal interest income
Transfer payments

Equals:
Disposable
income.

personal

26

135.6

141.0

149.9

154.3

157.6

161.5

165.2

169.4

172.3

176.1

179.0

179.9

178.7

180.4

179.9

182.5

185.4

189.4

203.2

200.7

Personal consumption expendi- 27
tures.
Interest paid by consumers to 28
business.
Personal transfer payments to 29
foreigners (net).

134.5

139.6

148.4

152.7

156.0

159.9

163.5

167.6

170.3

174.0

176.9

177.8

176.6

178.2

177.6

180.1

182.9

186.8

200.4

197.8

.6

.7

.8

.9

.9

1.0

1.1

1.1

1.3

1.4

1.5

1.5

1.6

1.7

1.8

1.9

2.1

2.2

2.4

2.5

.5

.7

.7

.7

.7

.6

.7

.6

.8

.7

.6

.6

.5

.5

.5

.5

.5

.4

.4

.4

30

16.6

15.3

11.9

11.1

8.3

2.3

5.9

4.2

6.7

10.5

14.1

13.2

9.3

6.9

7.3

6.3

16.4

11.8

5.4

13.6

321.5

314.6

321.6 317 .6

324.8

334.6

341.2

342.7

336.2

336.2

336.5

338.2

361.5

359.4

362.2

368.2

1,081

1,107

1,141

1,158

10.9

9.8

7.4

6.7

Less: Personal outlays

Equals: Personal saving
Addenda:
Disposable personal income:
Total, billions of 1972 dollars....
Per capita:
Current dollars
1972 dollars
Population (mid-period, thousands).

31
32
33
34

Personal saving as percentage 35
of
disposable
personal
income.




1,159 1,140 1,185 1,196 1,229 1,275 1,314 1,308 1,268 1,258 1,252 1,257 1,337 1,329 1,372 1,403
2,246 2,187 2,226 2,188 2,228 2,286 2,32 2 2,321 2,267 2,258 2,251 2,251 2,396 2,374 2,382 2,411
140,864 141,214 141,750 142,742 143,156 143,803 144,462 145,135 145,761 146,341 146,973 147,659 148,298 148,891 149,529 150,211 150,852 151,385 152,039 152,724
5.0

1.4

3.4

2.4

3.8

5.6

7.3

6.8

5.0

3.7

3.9

3.4

8.1

5.9

2.6

6.3

Table 2.1.—Personal Income and Its Disposition: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-76—Continued
[Billions of dollars]

II

I

III

II

I

IV

III

II

I

IV

1955

1954

1953

1952

1951
Line

III

IV

II

I

III

I

IV

IV

III

II

1

246.6

253.6

256.9

262.1

263.9

267.7

274.6

280.4

284.5

288.6

288.8

289.0

287.6

286.6

289.2

294.7

299.6

306.9

314.2

319.7

Wage and salary disbursements .. 2

165.0

170.6

172.8

176.5

180.8

182.0

185.7

192.9

196.5

199.7

199.9

198.3

195.9

195.5

195.9

199.9

203.6

209.4

214.7

218.9

Commodity-producing indus- 3
tries.
4
Manufacturing
5
Distributive industries
6
Service industries
Government and government 7
enterprises.

74.0

76.6

76.9

77.6

79.9

79.7

81.4

87.2

89.6

90.6

90.1

88.1

86.1

85.3

84.4

86.9

89.4

92.4

94.1

96.6

57.7
43.3
21.0
26.7

59.7
44.3
21.3
28.5

59.7
44.4
21.7
29.8

60.2
45.0
22.2
31.7

62.0
45.8
22.6
32.4

62.2
46.2
22.9
33.2

63.5
47.2
23.3
33.8

68.9
48.2
23.6
339

71.1
48.6
24.2
34.2

72.3
49.8
24.8
34.5

71.7
50.1
25.1
34.5

69.7
50.4
25.4
34.4

67.9
50.0
25.4
34.4

67.1
49.8
25.7
34.7

66.5
50.0
26.3
35.1

68.7
50.6
27.0
35.4

70.7
51.3
27.4
35.5

73.1
52.6
28.1
36.2

74.5
54.2
29.0
37.4

77.0
55.3
29.7
37.2

Personal income

8

4.3

4.5

4.7

4.9

5.0

5.1

5.3

5.4

5.7

5.8

6.0

6.1

6.0

6.0

6.1

6.3

6.6

6.9

7.2

7.4

Proprietors' income with inven- 9
tory valuation and capital
consumption adjustments.

42.5

42.9

43.3

44.1

42.4

43.4

45.1

42.5

42.6

41.8

41.1

41.5

41.6

40.5

41.3

41.5

42.2

42.8

43.1

43.5

10
11

15.7
26.9

16.0
26.9

16.0
27.3

16.6
27.6

14.8
27.7

15.3
28.1

16.8
28.3

13.6
28.9

13.6
29.0

13.0
28.8

12.6
28.5

13.2
28.3

13.5
28.1

12.0
28.6

12.6
28.7

11.9
29.6

11.8
30.4

11.7
31.1

11.2
31.8

11.0
32.4

12

7.4

7.5

7.8

8.1

8.2

8.6

9.0

9.4

9.5

9.8

10.2

10.6

10.6

10.9

11.2

11.4

11.2

11.2

11.3

11.4

13
14
15

8.3
10.2
12.2

8.5
10.4
12.6

8.4
10.5
12.8

8.5
10.6
12.8

8.0
10.8
12.5

8.5
11.0
12.7

8.5
11.3
13.6

8.7
11.7
13.7

8.4
12.0
13.8

9.1
12.3
14.0

9.0
12.5
14.1

8.8
13.1
14.6

9.3
13.3
15.4

8.7
13.5
16.0

9.1
13.8
16.4

9.2
14.1
17.1

9.8
14.3
17.1

9.9
14.6
17.4

10.5
15.1
17.6

10.7
15.4
17.8

Old-age, survivors, disability, 16
and health insurance benefits.
Government
unemployment 17
insurance benefits.
18
Veterans benefits
Government employees retire- 19
ment benefits.
20
Other transfer payments
Aid to families with depend- 21
ent children.
22
Other

1.7

1.9

1.9

1.9

2.0

2.0

2.1

2.6

2.7

3.0

3.1

3.1

3.3

3.5

3.6

4.1

4.4

4.8

5.2

5.2

.8

.8

.9

1.1

1.1

1.0

1.2

.9

1.0

.9

1.0

1.4

1.9

2.3

2.4

2.4

1.8

1.5

1.3

1.3

4.0
1.4

3.9
1.4

4.1
1.5

4.1
1.5

4.1
1.5

4.1
1.5

4.3
1.6

4.4
1.6

4.5
1.7

4.5
1.7

4.4
1.8

4.7
.5

4.7
.5

4.6
.6

4.6
.6

4.6
.6

4.7
.6

4.7
.6

4.8
.6

4.9
.6

4.9
.6

5.0
.6

Other labor income

Farm
Nonfarm
Rental income of persons with
capital consumption adjustment.
Personal dividend income
Personal interest income
Transfer payments

4.5
1.1

4.6
1.1

4.7
1.1

4.5
1.2

4.0
1.2

4.0
1.2

4.7
1.3

4.5
1.3

4.3
1.3

4.1
.6

4.2
.6

4.1
.5

4.1
.5

4.3
.5

4.4
.5

4.3
.5

4.4
.5

4.4
.5

3.6

3.6

3.6

3.6

3.8

3.9

3.7

3.8

3.9

4.2

4.2

4.0

4.0

4.0

4.1

4.1

4.2

4.3

4.3

4.4

Less: Personal contributions 23
for social insurance.

3.5

3.4

3.4

3.5

3.8

3.7

3.8

3.8

3.9

4.0

4.0

4.0

4.6

4.6

4.6

4.7

5.1

5.2

5.3

5.4

Less: Personal tax and nontax 24
payments.

26.2

28.2

29.7

31.6

32.9

33.8

34.4

35.1

35.7

35.6

35.4

35.3

32.5

32.3

32.3

32.8

33.9

34.8

35.9

37.0

25

220.4

225.5

227.3

230.5

231.1

233.9

240.3

245.3

248.8

253.0

253.4

253.7

255.0

254.3

256.8

261.9

265.8

272.1

278.3

282.7

Equals:
Disposable
income.

personal

26

211.2

206.7

209.1

212.8

214.1

218.2

220.6

228.5

232.1

233.9

234.7

234.2

236.0

238.5

240.8

245.1

251.3

256.6

261.0

265.1

Personal consumption expendi- 27
tures.
Interest paid by consumers to 28
business.
Personal transfer payments to 29
foreigners (net).

208.3

203.8

206.2

209.9

211.1

215.1

217.2

225.0

228.3

229.9

230.5

230.0

231.9

234.3

236.4

240.8

246.8

251.9

256.0

260.0

2.5

2.5

2.5

2.5

2.6

2.8

2.9

3.1

3.3

3.5

3.7

3.8

3.8

3.8

3.8

3.9

4.1

4.3

4.6

4.8

.4

.4

.4

.4

.4

.4

.4

.4

.5

.5

.5

.5

.4

.4

.7

.4

.4

.4

.4

.4

30

9.1

18.8

18.2

17.7

16.9

15.6

19.7

16.8

16.8

19.1

18.8

19.6

19.0

15.9

16.0

16.8

14.5

15.5

17.3

17.6

31

365.7

373.7

375.6

375.6

375.1

379.0

387.3

391.2

395.5

401.2

399.7

400.1

399.8

397.5

403.9

411.7

414.8

423.7

430.8

437.8

Less: Personal outlays

Equals: Personal saving
Addenda:
Disposable personal income:
Total, billions of 1972 dollars....
Per capita:
Current dollars
1972 dollars
Population (mid-period, thousands).

32
33
34

Personal saving as percentage 35
of
disposable
personal
income.




1,437 1,465 1,470 1,483 1,481 1,493 1,527 1,552 1,569 1,589 1,584 1,579 1,580 1,569 1,578 1,601 1,618 1,650 1,680 1,698
2,385 2,427 2,428 2,417 2,404 2,420 2,462 2,475 2,493 2,520 2,499 2,490 2,477 2,453 2,481 2,517 2,525 2,569 2,600 2,630
153,336 153,947 154,655 155,389 156,033 156,644 157,324 158,043 158,648 159,234 159,963 160,713 161,389 162,044 162,792 163,585 164,266 164,926 165,674 166,481
4.1

8.3

8.0

7.7

7.3

6.7

8.2

6.8

6.7

7.6

7.4

7.7

7.4

6.2

6.2

6.4

5.4

5.7

6.2

6.2

Table 2.1.—Personal Income and Its Disposition: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-76—Continued
[Billions of dollars]
1956
I

II

I

IV

III

II

III

IV

II

I

1960

1959

1958

1957

Line

III

IV

II

I

III

I

IV

III

II

IV

1

324.2

329.8

334.3

341.6

345.5

350.0

354.6

354.2

354.2

355.8

364.5

370.1

376.0

384.6

386.1

391.1

397.6

402.6

404.2

405.0

Wage and salary disbursements. 2

222.7

226.8

229.2

234.6

237.5

238.9

241.1

239.4

235.9

235.5

243.0

247.5

253.1

259.6

260.0

263.0

269.8

272.5

273.0

272.4

Personal income

Other labor income

3

97.8

99.8

100.6

104.0

104.8

104.5

104.6

102.6

98.9

97.2

100.3

103.7

107.2

111.0

109.7

110.5

114.5

114.3

112.7

110.9

4
5
6
7

77.5
56.7
30.3
37.8

78.5
57.5
31.0
38.5

79.2
57.9
31.6
39.2

82.4
58.7
32.2
39.6

83.2
59.6
32.9
40.2

82.7
60.3
33.4
40.7

82.8
61.1
33.9
41.5

81.0
61.0
34.2
41.6

77.8
60.3
34.7
42.0

76.2
59.8
35.4
43.1

78.9
60.8
35.8
46.1

81.6
62.1
36.5
45.2

84.7
63.4
37.1
45.4

88.0
64.7
38.1
45.8

87.1
65.2
38.9
46.2

87.5
65.9
40.0
46.7

91.3
67.3
40.4
47.7

90.7
68.5
41.1
48.6

89.2
68.6
41.8
49.8

87.5
68.6
42.4
50.5

8

Commodity-producing industries.
Manufacturing
Distributive industries
Service industries
Government and government
enterprises.

7.6

7.9

8.2

8.5

8.6

8.9

9.2

9.4

9.2

9.2

9.4

9.8

10.1

10.5

10.8

10.9

11.0

11.2

11.3

11.4

46.0

45.5

47.5

47.4

47.7

48.2

47.8

48.2

47.4

47.0

46.6

47.8

47.3

47.1

43.2

43.5

44.3

44.8

44.6

45.1

10
11

11.0
32.2

10.9
32.6

11.6
32.7

11.5
33.3

10.6
34.0

10.8
34.2

11.5
34.5

11.5
34.0

13.7
33.8

13.2
34.2

13.0
34.6

12.8
35.4

11.8
36.1

11.2
37.1

10.2
37.1

10.4
36.6

10.5
36.1

12.0
35.8

12.1
35.2

12.3
34.9

12

11.4

11.6

11.7

11.8

11.9

12.1

12.4

12.5

12.7

12.8

12.9

13.1

13.0

13.5

13.9

14.2

14.3

14.5

14.6

14.6

13
14
15

10.9
15.8
18.2

10.9
16.4
18.4

11.0
16.8
18.9

11.4
17.3
19.2

11.5
17.8
20.2

11.7
18.4
21.5

11.8
19.1
21.8

11.5
19.4
23.1

11.4
19.7
24.5

11.4
19.9
26.3

11.3
20.6
26.7

11.0
21.1
26.3

11.7
21.5
26.5

12.1
22.0
26.6

12.4
22.7
27.0

12.5
23.6
27.8

12.7
24.6
27.7

12.8
24.7
28.5

13.1
25.0
29.3

13.0
25.4
30.3

Old-age, survivors, disability, 16
and health insurance benefits.
Government
unemployment 17
insurance benefits.
Veterans benefits
18
Government employees retire- 19
ment benefits.
Other transfer payments
20
Aid to families with depend- 21
ent children.
22
Other

5.3

5.5

5.8

5.9

6.4

7.5

7.5

7.8

8.0

8.4

8.6

8.8

9.7

10.0

10.3

10.6

10.8

11.0

11.3

11.5

1.5

1.5

1.6

1.6

1.7

1.7

1.8

2.5

3.4

4.5

4.8

4.0

3.1

2.6

2.5

2.8

2.5

2.7

3.1

3.6

4.5
1.9

4.4
1.9

4.4
1.9

4.3
2.0

4.5
2.1

4.5
2.2

4.5
2.2

4.6
2.3

4.6
2.4

4.8
2.4

4.6
2.5

4.6
2.6

4.7
2.6

4.6
2.7

4.6
2.8

4.5
2.9

4.5
3.0

4.5
3.0

4.6
3.1

4.7
3.2

5.1
.6

5.1
.6

5.2
.6

5.4
.7

5.5
.7

5.6
.7

5.7
.7

5.8
.8

6.1
.8

6.1
.8

6.2
.9

6.3
.9

6.5
.9

6.6
.9

6.8
.9

6.9
.9

7.0
1.0

7.1
1.0

7.3
1.0

7.4
1.0

4.4

4.5

4.5

4.7

4.8

4.9

5.0

5.1

5.3

5.3

5.3

5.4 .

5.6

5.7

5.8

6.0

6.0

6.1

6.3

6.3

Less: Personal contributions 23
for social insurance.

5.7

5.8

5.8

6.0

6.7

6.7

6.8

6.7

6.7

6.7

7.0

7.0

7.8

8.0

7.9

8.0

9.2

9.2

9.3

9.3

Less: Personal tax and nontax 24
payments.

38.2

39.4

40.0

41.0

41.8

42.5

42.8

42.3

41.8

41.3

42.5

43.0

44.3

45.6

46.5

47.6

49.3

50.3

50.7

51.1

25

285.9

290.4

294.3

300.6

303.7

307.4

311.8

311.9

312.4

314.5

322.0

327.1

331.7

339.0

339.6

343.5

348.3

352.3

353.5

353.9

Proprietors' income with inven- 9
tory valuation and capital
consumption adjustments.
Farm
Nonfarm
Rental income of persons with
capital consumption adjustment.
Personal dividend income
Personal interest income
Transfer payments

Disposable
Equals:
income.

personal

26

266.9

269.4

272.5

277.6

282.0

284.2

288.8

290.4

290.0

292.8

297.6

301.4

309.7

315.5

320.9

323.1

326.9

333.2

333.5

335.7

Personal consumption expendi- 27
tures.
Interest paid by consumers to 28
business.
Personal transfer payments to 29
foreigners (net).

261.4

263.9

266.8

271.9

276.1

278.3

282.8

284.4

284.0

286.8

291.7

295.4

303.5

309.1

314.2

316.2

319.8

325.9

326.0

328.0

5.0

5.1

5.1

5.2

5.3

5.4

5.5

5.6

5.6

5.5

5.5

5.6

5.7

6.0

6.2

6.5

6.7

6.9

7.1

7.2

.5

.5

.5

.5

.5

.5

.5

.5

.4

.4

.4

.4

.4

.4

.4

.4

.4

.4

.4

.5

30

19.1

21.0

21.9

23.0

21.7

23.2

23.0

21.5

22.4

21.8

24.4

25.6

22.0

23.5

18.7

20.4

21.4

19.1

20.0

18.2

31

441.0

444.5

446.9

452.5

452.7

455.5

457.7

456.2

452.2

454.9

464.7

471.0

474.4

482.2

479.2

483.0

488.2

490.9

490.9

489.0

Less: Personal outlays

Equals: Personal saving
Addenda:
Disposable personal income:
Total, billions of 1972 dollars....
Per capita:
Current dollars
1972 dollars
Population (mid-period, thousands).

32
33
34

Personal saving as percentage 35
of
disposable
personal
income.




1,710 1,730 1,745 1,773 1,784 1,799 1,816 1,808 1,805 1,810 1,845 1,865 1,876 1,910 1,905 1,919 1,938 1,953 1,952 1,945
2,638 2,648 2,650 2,670 2,660 2,665 2,666 2,645 2,612 2,617 2,662 2,686 2,683 2,717 2,688 2,698 2,717 2,722 2,710 2,688
167,190 167,869 168,654 169,497 170,218 170,915 171,684 172,463 173,116 173,781 174,535 175,340 176,796 177,482 178,241 179,032 179,694 180,335 181,094 181,915
6.7

7.2

7.4

7.6

7.1

7.5

7.4

6.9

7.2

6.9

7.6

7.8

6.6

6.9

5.5

5.9

6.2

5.4

5.7

5.1

Table 2.1.—Personal Income and Its Disposition: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-76—Continued
[Billions of dollars]

I

IV

III

II

II

I

1964

1963

1962

1961
Line

III

I

IV

III

II

I

IV

IV

III

II

1

408.4

414.1

420.3

428.4

434.7

441.9

446.3

451.6

457.0

462.1

468.8

476.9

485.8

494.9

504.0

512.1

Wage and salary disbursements. 2

272.8

276.6

281.2

287.2

292.1

297.5

299.8

302.8

306.5

310.9

315.4

320.7

326.6

333.2

339.6

345.1

Commodity-producing industries.
Manufacturing
Distributive industries
Service industries
Government and government
enterprises.

3

110.3

112.5

114.5

117.5

119.3

121.9

122.7

123.3

124.2

126.0

127.9

129.6

131.5

134.5

137.1

138.7

4
5
6
7

86.9
68.3
43.1
51.1

88.8
68.7
43.7
51.8

90.4
69.6
44.3
52.8

93.0
70.4
45.2
54.1

94.8
71.5
46.0
55.3

96.8
72.6
47.0
55.9

97.3
73.2
47.5
56.4

97.8
73.9
48.1
57.6

98.6
74.6
49.1
58.6

99.9
75.8
49.8
59.3

101.1
76.8
50.6
60.1

102.7
77.8
51.4
61.9

104.1
79.2
52.9
63.1

106.4
80.7
53.9
64.1

108.6
82.2
54.8
65.5

109.5
83.7
55.9
66.8

Personal income

Other labor income

8

11.5

11.7

11.9

12.2

12.5

12.9

13.2

13.5

13.6

13.7

14.0

14.5

15.0

15.5

16.0

16.5

Proprietors' income with inven- 9
tory valuation and capital
consumption adjustments.

48.0

48.3

48.6

49.4

49.8

49.9

49.9

49.9

50.0

50.3

50.7

51.1

51.2

52.2

52.9

53.5

10
11

12.2
35.8

12.0
36.4

12.0
36.7

12.3
37.0

12.5
37.3

12.3
37.6

12.1
37.9

12.2
37.7

12.2
37.8

12.2
38.1

12.0
38.7

11.7
39.3

10.7
40.5

10.7
41.6

10.7
42.2

11.2
42.3

12

14.8

14.9

15.1

15.3

15.4

15.6

15.8

16.2

16.3

16.5

16.7

16.6

17.0

17.0

17.0

17.2

13
14
15

13.0
25.5
32.2

13.1
26.0
33.0

13.4
26.6
33.3

13.9
27.4
32.8

14.0
27.7
33.4

14.4
28.5
33.4

14.6
29.5
33.8

14.7
30.4
34.5

15.1
31.0
36.1

15.4
31.6
35.3

15.6
32.6
35.6

16.0
33.7
36.3

16.6
34.2
37.4

17.2
35.2
37.1

17.5
36.2
37.5

18.0
37.0
37.7

16

12.0

12.3

12.8

13.4

13.8

14.1

14.5

14.8

14.9

15.2

15.4

15.5

15.7

15.9

16.2

16:3

17

4.1

5.1

4.3

3.7

3.4

3.1

3.0

3.0

3.1

3.0

2.9

2.9

2.8

2.8

2.6

2.5

18
19

5.4
3.2

4.7
3.3

5.1
3.4

4.6
3.5

4.7
3.6

4.6
3.7

4.6
3.8

4.8
3.8

5.7
3.9

4.5
4.1

4.5
4.2

4.6
4.4

5.3
4.5

4.5
4.7

4.5
4.8

4.5
4.9

20
21

7.5
1.1

7.5
1.1

7.6
1.2

7.7
1.2

7.9
1.3

7.9
1.3

8.1
1.3

8.1
1.3

8.5
1.3

8.5
1.3

8.6
1.4

8.9
1.4

9.0
1.4

9.2
1.5

9.4
1.5

9.5
1.6

22

6.4

6.4

6.4

6.4

6.6

6.6

6.8

6.8

7.1

7.2

7.3

7.5

7.6

7.7

7.9

8.0

9.8

10.2

10.3

10.3

10.4

11.6

11.7

11.8

12.0

12.3

12.5

12.7

12.8

Farm
Nonfarm
Rental income of persons with
capital consumption adjustment.
Personal dividend income
Personal interest income
Transfer payments
Old-age, survivors, disability,
and health insurance benefits.
Government
unemployment
insurance benefits.
Veterans benefits
Government employees retirement benefits.
Other transfer payments
Aid to families with dependent children.
Other

Less: Personal contributions 23
for social insurance.

9.5

9.6

9.7

Less: Personal tax and nontax 24
payments.

51.2

51.6

52.3

53.1

54.3

56.3

57.7

59.1

59.7

60.1

60.5

60.9

59.7

56.2

58.3

60.2

357.2

362.5

368.0

375.3

380.3

385.6

388.7

392.5

397.3

402.0

408.3

416.0

426.1

438.6

445.7

451.9

Equals:
Disposable
income.

personal

Less: Personal outlays

25
26

336.2

340.7

343.4

350.6

355.4

361.2

365.4

372.0

376.1

380.4

387.4

392.0

400.6

408.2

416.6

418.7

Personal consumption expendi- 27
tures.
Interest paid by consumers to 28
business.
Personal transfer payments to 29
foreigners (net).

328.5

333.1

335.7

342.7

347.5

353.0

357.0

363.4

367.2

371.2

377.8

382.1

390.6

397.9

405.9

407.6

7.3

7.3

7.3

7.4

7.5

7.7

7.9

8.1

8.4

8.7

9.0

9.3

9.4

9.7

10.1

10.4

.4

.4

.4

.4

.5

.5

.5

.5

.6

.5

.6

.6

.6

.6

.6

.7

30

21.0

21.8

24.6

24.7

24.9

24.4

23.3

20.5

21.2

21.6

20.9

24.0

25.5

30.4

29.1

33.3

Equals: Personal saving
Addenda:
Disposable personal income:
Total, billions of 1972 dollars....
Per capita:
Current dollars
1972 dollars
Population (mid-period, thousands).

31

493.6

500.6

505.8

515.0

519.4

524.1

526.7

529.2

533.5

538.7

544.6

552.5

563.5

579.5

586.7

593.5

32
33
34

1,956
2,703
182,634

1,977
2,731
183,337

1,999
2,747
184,103

2,030
2,785
184,894

2,050
2,799
185,553

2,071
2,815
186,203

2,079
2,818
186,926

2,091
2,820
187,680

2,110
2,833
188,299

2,128
2,852
188,906

2,153
2,872
189,631

2,185
2,902
190,362

2,231
2,951
190,954

2,290
3,025
191,560

2,318
3,052
192,256

2,342
3,076
192,938

Personal saving as percentage 35
of
disposable
personal
income.

5.9

6.0

6.7

6.6

6.6

6.3

6.0

5.2

5.3

5.4

5.1

5.8

6.0

6.9

6.5

7.4




Table 2.1.—Personal Income and Its Disposition: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-76—Continued
[Billions of dollars]

I

II

III

IV

III

II

I

1968

1967

1966

1965
Line

IV

I

II

I

IV

III

IV

III

II

1

522.8

533.4

546.9

559.4

571.4

581.4

594.1

605.7

615.4

623.0

635.2

646.4

663.7

682.7

700.4

715.6

Wage and salary disbursements .. 2

351.1

357.1

364.5

375.3

383.9

394.0

404.1

411.5

416.8

421.6

430.0

439.5

451.9

463.6

475.9

486.9

Personal income

Commodity-producing industries.
Manufacturing
Distributive industries
Service industries
Government and government
enterprises.

3

142.4

144.3

146.6

150.8

155.3

160.0

163.2

165.4

166.0

166.1

169.1

172.1

177.3

181.6

184.9

189.8

4
5
6
7

112.6
84.8
56.4
67.4

114.1
86.3
58.0
68.5

116.1
87.8
59.6
70.4

119.2
89.9
61.5
73.1

123.0
91.4
62.3
74.9

127.0
93.5
63.6
76.8

129.9
95.5
65.7
79.7

132.1
97.1
67.0
81.9

132.4
98.8
68.6
83.4

132.4
100.1
70.5
84.9

134.5
101.6
72.3
87.0

137.0
103.2
73.9
90.3

141.3
105.7
76.2
92.7

144.5
108.5
78.4
95.1

146.8
111.6
80.7
98.7

150.6
114.1
83.1
100.0

Other labor income

8

17.0

17.6

18.1

18.7

19.2

19.7

20.1

20.7

21.0

21.2

21.8

22.5

23.6

24.8

25.8

26.7

Proprietors' income with inventory valuation and capital
consumption adjustments.

9

54.7

57.0

57.6

58.5

61.7

60.4

60.2

59.7

59.9

60.8

62.1

62.0

62.3

63.2

64.8

65.6

10
11

12.0
42.8

13.4
43.5

13.6
44.0

13.4
45.1

15.8
46.0

14.2
46.2

13.8
46.5

12.7
47.0

12.1
47.8

12.5
48.3

12.9
49.2

13.0
49.0

12.3
50.0

12.1
51.2

12.9
51.9

13.5
52.1

12

17.5

18.0

18.1

18.3

18.6

18.5

18.9

18.9

19.3

19.8

19.9

19.8

19.5

19.6

19.6

19.5

13
14
15

18.2
38.1
39.1

18.9
39.3
38.8

19.4
40.4
42.4

20.0
41.0
41.4

20.1
42.3
42.8

19.6
43.8
42.8

19.3
45.0
44.8

18.8
46.4
48.3

19.7
47.2
51.1

20.3
47.7
52.0

20.7
48.5
53.1

19.8
49.9
54.1

21.1
51.2
56.2

21.8
53.0
59.5

22.3
53.9
61.2

22.5
55.4
62.5

Old-age, survivors, disability, 16
and health insurance benefits.
Government
unemployment 17
insurance benefits.
18
Veterans benefits
Government employees retire- 19
ment benefits.
20
Other transfer payments
Aid to families with depend- 21
ent children.
22
Other

16.5

16.7

20.1

18.9

19.3

19.7

21.1

23.1

24.2

25.3

26.0

26.4

27.7

30.3

31.2

31.8

8.1

8.3

8.4

8.4

8.9

9.1

9.3

9.5

9.8

10.1

10.3

10.5

10.6

11.0

11.3

11.6

Less: Personal contributions 23
for social insurance.

13.0

13.2

13.4

13.7

17.1

17.3

18.3

18.5

19.7

20.5

20.9

21.4

22.1

22.7

23.1

23.5

Less: Personal tax and nontax 24
payments.

64.1

65.4

64.2

65.8

69.3

73.6

76.1

79.0

80.2

79.9

83.2

85.1

87.9

91.7

102.4

106.8

25

458.8

468.0

482.7

493.7

502.2

507.8

518.1

526.7

535.3

543.1

552.0

561.3

575.8

591.0

598.1

608.8

26

429.1

436.0

444.9

458.4

468.5

473.1

482.2

487.1

491.7

501.1

507.3

514.3

531.5

544.5

560.6

569.3

Personal consumption expendi- 27
tures.
Interest paid by consumers to 28
business.
Personal transfer payments to 29
foreigners (net).

417.9

424.3

432.9

446.3

456.2

460.6

469.4

474.2

478.7

487.5

494.0

500.8

517.6

530.2

545.7

554 0

10.6

11.0

11.3

11.4

11.6

11.9

12.0

12.3

12.3

12.4

12.5

12.7

13.1

13.5

14.0

14.5

.6

.7

.7

.7

.6

.7

.7

.6

.7

1.2

.8

.7

.8

.8

.9

.8

30

29.7

32.0

37.8

35.2

33.7

34.7

35.9

39.6

43.5

42.0

44.7

47.0

44.4

46.5

37.5

39.5

31

599.4

607.4

623.5

634.8

639.8

642.1

649.6

655.9

665.0

671.1

676.2

681.6

690.5

702.2

703.9

708.5

32
33
34

2,371
3,098
193,467

2,413
3,131
193,994

2,480
3,203
194,647

2,528
3,251
195,279

2,565
3,268
195,763

2,587
3,271
196,277

2,631
3,299
196,877

2,667
3,321
197,481

2,704
3,359
197,967

2,737
3,381
198,455

2,774
3,398
199,012

2,812
3,416
199,572

2,879
3,453
199,995

2,948
3,503
200,452

2,975
3,502
200,997

3,021
3,515
201,538

Personal saving as percentage 35
of
disposable
personal
income.

6.5

6.8

7.8

7.1

6.7

6.8

6.9

7.5

8.1

7.7

8.1

8.4

7.7

7.9

6.3

6.5

Farm
Nonfarm
Rental income of persons with
capital consumption adjustment.
Personal dividend income
Personal interest income
Transfer payments

Equals:
Disposable
income.

personal

Less: Personal outlays

Equals: Personal saving

2.4

2.4

2.3

2.2

2.0

1.7

1.9

1.9

2.1

2.3

2.2

2.1

2.2

2.1

2.1

2.1

5.5
5.0

4.7
5.1

4.7
5.2

4.8
5.4

5.1
5.7

4.5
6.0

4.5
6.2

5.4
6.4

6.2
6.7

5.3
6.9

5.3
7.0

5.5
7.1

5.9
7.2

5.8
7.5

5.9
7.7

6.1
7.9

9.7
1.6

10.0
1.6

10.0
1.7

10.1
1.7

10.6
1.7

10.9
1.8

11.2
1.9

11.5
2.0

11.9
2.1

12.3
2.2

12.6
2.3

12.9
2.5

13.2
2.6

13.8
2.8

14.2
2.9

14.6
3.0

Addenda:
Disposable personal income:
Total, billions of 1972 dollars....
Per capita:
Current dollars
1972 dollars
Population (mid-period, thousands).




Table 2.1.—Personal Income and Its Disposition: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-76—Continued
[Billions of dollars]

I

III

II

IV

I

II

1972

1971

1970

1969
Line

III

IV

I

III

II

IV

II

I

III

IV

1

730.0

747.1

764.5

777.0

788.2

810.4

819.3

826.4

844.7

864.1

874.7

890.3

919.7

934.4

957.1

994.2

Wage and salary disbursements. 2

496.8

509.4

523.7

532.8

538.8

548.3

553.6

554.2

567.2

577.4

585.2

593.9

616.2

627.6

639.1

657.9

3

193.5

198.4

202.4

204.1

204.3

203.5

204.1

200.0

204.4

207.7

209.1

212.1

220.2

224.8

228.2

236.1

4
5
6
7

153.3
116.2
85.8
101.2

156.5
119.5
88.4
103.0

159.8
122.3
90.9
108.1

160.4
125.3
93.7
109.8

160.2
127.3
95.5
111.8

159.3
128.9
97.3
118.6

158.9
131.8
99.1
118.6

154.3
133.2
101.4
119.6

158.4
135.6
103.4
123.8

160.0
138.5
105.8
125.5

160.3
140.8
107.6
127.6

162.7
142.8
110.0
129.0

169.0
147.9
113.4
134.7

173.5
150.3
116.7
135.8

176.2
152.9
119.6
138.3

182.8
157.3
123.2
141.2

8

27.3

27.9

28.8

29.8

30.9

31.9

33.1

34.2

34.8

36.0

37.3

38.7

40.3

42.4

44.0

45.4

Proprietors' income with inven- 9
tory valuation and capital
consumption adjustments.

67.2

67.3

67.1

66.6

66.9

66.4

65.7

65.9

68.7

68.7

68.2

71.9

74.5

76.5

76.6

79.9

10
11

14.5
52.7

14.3
53.0

14.4
52.7

15.1
51.5

15.3
51.6

14.7
51.8

13.7
52.0

13.7
52.2

15.9
52.7

14.5
54.2

13.4
54.9

16.2
55.7

17.8
56.7

18.9
57.6

17.8
58.8

20.4
59.5

12

19.7

19.9

19.5

19.2

19.5

19.8

19.8

19.7

19.6

20.1

20.5

20.7

21.2

17.6

22.7

22.4

13
14
15

22.2
58.0
64.4

22.3
60.2
66.0

22.4
62.3
67.2

22.7
64.0
68.9

22.4
65.9
71.2

22.3
68.2
81.2

22.1
71.1
82.0

22.0
72.5
86.1

22.8
73.8
88.0

22.6
74.2
95.7

22.7
75.4
96.2

22.4
75.9
97.8

23.5
77.1
100.7

23.8
79.2
101.4

24.3
82.2
103.0

24.8
85.2
113.7

Old-age, survivors, disability, 16
and health insurance benefits.
Government
unemployment 17
insurance benefits.
18
Veterans benefits
Government employees retire- 19
ment benefits.
20
Other transfer payments
Aid to families with depend- 21
ent children.
22
Other

32.4

32.9

33.1

33.3

33.9

41.1

39.1

39.7

40.4

46.4

45.1

45.9

46.5

47.1

48.1

56.5

12.0

12.3

12.7

13.1

13.7

14.5

15.2

16.6

16.8

17.1

17.7

18.0

18.3

Less: Personal contributions 23
for social insurance.

25.5

26.0

26.5

26.9

27.4

27.8

28.2

28.1

30.2

30.5

30.8

31.1

33.8

Less: Personal tax and nontax 24
payments.

113.5

116.9

115.4

117.2

116.8

118.0

113.5

114.9

112.1

114.8

117.1

122.8

137.6

25

616.6

630.%

649.1

659.9

671.5

692.4

705.8

711.5

732.7

749.3

757.6

767.4

782.2

Personal income

Commodity-producing industries.
Manufacturing
Distributive industries
Service industries
Government and government
enterprises.
Other labor income

Farm
Nonfarm
Rental income of persons with
capital consumption adjustment.
Personal dividend income
Personal interest income
Transfer payments

Equals:
Disposable
income.

personal

2.2

2.1

2.2

2.4

2.8

3.7

4.3

5.1

5.4

5.9

5.9

6.0

6.2

6.4

5.4

4.7

6.4
8.2

6.7
8.6

6.8
8.8

7.0
9.2

7.0
9.7

7.4
9.9

7.9
10.4

8.3
10.9

8.5
11.1

8.6
11.5

8.9
12.2

9.0
12.5

10.1
12.9

9.0
13.4

9.2
14.2

10.7
14.7

15.3
3.3

15.7
3.4

16.3
3.6

16.9
3.8

17.9
4.2

19.1
4.6

20.3
5.1

22.1
5.5

22.6
5.8

23.2
6.1

24.0
6.3

24.5
6.5

25.0
6.7

25.4
6.8

26.1
7.0

27.1
7.0

18.6

19.1

20.1

34.1

34.8

35.2

139.9

141.5

145.2

794.5

815.6

849.0

26

581.5

593.3

603.5

615.0

625.3

634.6

646.0

652.1

671.1

684.6

696.6

712.1

729.5

747.7

765.1

788.5

Personal consumption expendi- 27
tures.
Interest paid by consumers to 28
business.
Personal transfer payments to 29
foreigners (net).

565.8

576.9

586.7

597.8

607.8

616.9

628.1

634.1

652.8

666.0

677.5

692.6

709.6

727.3

744.2

767.0

15.0

15.5

15.9

16.2

16.4

16.6

16.8

17.0

17.2

17.5

17.9

18.4

18.7

19.3

19.8

20.3

.8

1.0

.9

1.0

1.1

1.1

1.1

1.1

1.0

1.1

1.2

1.2

1.1

1.1

1.1

1.1

30

35.0

36.8

45.7

44.9

46.2

57.8

59.8

59.4

61.6

64.7

61.0

55.3

52.7

46.8

50.5

60.5

Less: Personal outlays

Equals: Personal saving
Addenda:
Disposable personal income:
Total, billions of 1972 dollars....
Per capita:
Current dollars
1972 dollars
Population (mid-period, thousands).

31

710.5

716.8

729.8

732.8

737.4

752.5

760.1

756.2

771.1

779.9

780.7

785.2

792.0

798.7

812.4

838.1

32
33
34

3,053
3,518
201,955

3,113
3,541
202,419

3,198
3,595
202,986

3,241
3,600
203,584

3,290
3,613
204,086

3,382
3,676
204,721

3,436
3,700
205,419

3,452
3,669
206,130

3,544
3,729
206,763

3,613
3,761
207,362

3,642
3,753
208,000

3,678
3,764
208,642

3,740
3,787
209,142

3,790
3,810
209,637

3,880
3,865
210,181

4,029
3,977
210,737

Personal saving as percentage 35
of
disposable
personal
income.

5.7

5.8

7.0

6.8

6.9

8.3

8.5

8.3

8.4

8.6

8.1

7.2

6.7

5.9

6.2

7.1




Table 2.1.—Personal Income and Its Disposition: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-76—Continued
[Billions of dollars]
1973

1974

1975

1976

Line
I

II

III

IV

I

II

III

IV

I

II

III

IV

I

II

III

IV

1

1,024.2

1,050.3

1,077.9

1,108.3

1,124.9

1,155.9

1,187.4

1,206.2

1,214.2

1,247.5

1,283.5

1,314.6

1,348.5

1,373.7

1,404.2

1,438.4

Wage and salary disbursements.. 2

678.2

694.4

709.6

728.4

740.9

759.0

777.1

786.0

784.3

792.2

812.4

836.6

861.8

879.8

898.3

919.8

Commodity-producing
indus- 3
tries.
Manufacturing
4
5
Distributive industries
6
Service industries
Government and government 7
enterprises.

244.8

251.1

256.9

264.4

268.1

273.7

279.2

277.8

269.2

268.7

276.2

286.1

297.7

303.8

310.1

317.4

189.3
162.1
126.3
144.9

194.2
166.5
129.6
147.2

197.9
170.3
132.9
149.5

203.4
174.4
136.3
153.3

205.1
177.8
139.4
155.6

210.2
182.9
143.8
158.7

215.5
187,5
147.7
162.7

214.8
190.0
151.3
166.8

205.3
190.3
154.4
170.3

206.1
191.9
157.3
174.3

212.6
197.4
161.2
177.6

220.2
202.9
165.7
182.0

229.5
209.2
170.3
184.6

234.9
214.0
175.0
187.1

240.0
219.2
179.8
189.3

245.4
223.9
184.6
193.9

Personal income

Other labor income

8

46.9

48.1

49.4

51.0

52.7

54.6

56.9

59.2

60.9

63.0

65.7

68.5

71.5

74.4

77.3

80.3

Proprietors' income with inventory valuation and capital
consumption adjustments.

9

88.1

92.1

95.8

99.1

92.9

88.5

87.4

86.1

82.7

87.8

94.7

94.9

93.9

94.6

92.5

95.3

10
11

27.0
61.2

31.3
60.8

34.8
61.0

38.2
61.0

32.2
60.7

26.5
62.0

24.2
63.2

23.1
63.1

20.1
62.7

24.0
63.8

28.1
66.6

26.3
68.6

22.0
71.9

20.5
74.1

17.2
75.3

16.7
78.7

Rental income of persons with
capital consumption adjustment.
Personal dividend income
Personal interest income
Transfer payments

12

22.3

21.6

22.9

23.5

23.4

23.2

23.7

23.8

23.3

23.1

22.8

22.9

23.1

22.7

23.6

24.6

13
14
15

25.6
89.1
115.6

26.2
92.2
118.0

26.7
95.8
120.8

27.6
98.6
123.7

28.3
103.7
129.8

29.1
111.7
137.4

29.5
115.9
145.4

29.4
118.2
152.3

29.5
119.4
163.6

29.5
122.3
179.4

30.0
124.7
183.8

30.7
126.4
186.3

33.5
128.6
190.3

36.2
130.5
190.4

37.6
134.0
196.8

38.8
137.1
199.5

Old-age, survivors, disability,
and health insurance benefits.
Government
unemployment
insurance benefits.
Veterans benefits
Government employees retirement benefits.
Other transfer payments
Aid to families with dependent children.
Other

16

58.1

59.9

61.1

62.3

63.7

69.2

72.7

74.9

76.7

78.1

84.9

86.1

88.0

89.4

95.8

98.3

Farm
Nonfarm

17

4.3

4.3

4.3

4.6

5.6

6.5

6.7

8.3

13.7

18.9

19.7

18.2

17.0

15.7

15.6

14.9

18
19

10.3
15.0

10.2
15.4

10.5
16.5

10.8
17.1

10.9
17.9

11.0
18.3

12.1
19.5

13.3
20.3

14.2
21.6

14.0
22.2

14.5
23.1

15.1
24.1

15.8
24.8

14.4
26.1

13.5
26.6

13.8
27.0

20
21

27.8
7.0

28.2
7.2

28.3
7.2

28.8
7.3

31.6
7.5

32.4
7.7

34.3
8.0

35.5
8.4

37.5
8.8

46.2
9.0

41.7
9.4

42.8
9.7

44.7
9.8

44.8
10.0

45.3
10.1

45.7
10.2

22

20.8

21.0

21.1

21.5

24.1

24.7

26.3

27.1

28.7

37.2

32.4

33.1

34.8

34.8

35.2

35.4

Less: Personal contributions
for social insurance.

23

41.6

42.2

43.0

43.5

46.7

47.6

48.6

48.8

49.5

49.8

50.7

51.8

54.1

54.9

55.9

57.0

Less: Personal tax and nontax
payments.

24

145.3

146.8

152.6

158.0

160.9

167.3

174.6

178.1

179.0

142.3

174.2

180.1

184.8

192.9

200.9

208.8

Equals:
Disposable
income.

25

878.9

903.5

925.3

950.3

963.9

988.6

1,012.7

1,028.1

1,035.2

1,105.2

1,109.4

1,134.5

1,163.7

1,180.8

1,203.3

1,229.6

personal

26

812.2

825.9

844.3

859.8

877.7

903.7

932.1

939.4

960.4

986.5

1,017.5

1,042.7

1,074.3

1,094.3

1,122.2

1,156.8

Personal consumption expendi- 27
tures.
Interest paid by consumers to 28
business.
Personal transfer payments to 29
foreigners (net).

790.0

802.9

820.6

834.3

853.0

878.6

906.7

914.1

935.1

961.6

992.1

1,016.9

1,047.8

1,067.2

1,094.2

1,127.9

21.2

22.0

22.7

23.3

23.7

24.0

24.4

24.4

24.3

24.1

24.4

24.9

25.5

26.2

27.0

28.0

.9

.9

.9

2.2

1.1

1.0

1.0

1.0

1.0

.8

1.0

.9

1.0

.9

.9

.9

30

66.7

77.6

81.0

90.5

86.2

85.0

80.7

88.7

74.9

118.7

91.8

91.8

89.5

86.5

81.1

72.9

31

855.6

862.9

868.8

874.1

861.2

860.6

860.1

851.8

845.8

892.2

879.2

886.1

900.3

904.7

909.5

915.1

32
33
34

4,162
4,051
211,192

4,268
4,077
211,663

4,361
4,094
212,191

4,468

4,628

4,729

5,125

4,029

4,017
214,147

3,932
215,135

4,137
215,652

5,129
4,065
216,289

5,232
4,086
216,848

5,355
4,143

213,602

4,788
3,967
214,700

4,812

4,109
212,708

4,522
4,040
213,144

217,314

5,422
4,154
217,776

5,511
4,166
218,338

4,180
218,917

35

7.6

8.6

8.8

9.5

8.9

8.6

8.0

8.6

7.2

10.7

8.3

8.1

7.7

7.3

6.7

5.9

Less: Personal outlays

Equals: Personal saving
Addenda:
Disposable personal income:
Total, billions of 1972 dollars....
Per capita:
Current dollars
1972 dollars
Population (mid-period, thousands).
Personal saving as percentage
of
disposable
personal
income.

NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1.




5,617

Table 2.2.—Personal Consumption Expenditures by Major Type of Product: Annually and Seasonally Adjusted Quarterly Totals at Annual Rates,
1946-76
[Billions of dollars]
Line
Personal
tures.

1949

1950

expendi-

Motor vehicles and parts
Furniture and household equipment
Other

1953

1954

1956

1955

1957

1958

1960

1959

1961

1

143.8

161.7

174.7

178.1

192.0

207.1

217.1

229.7

235.8

253.7

266.0

280.4

289.5

310.8

324.9

335.0

15.8

20.4

22.9

25.0

30.8

29.8

29.1

32.5

31.8

38.6

37.9

39.3

36.8

42.4

43.1

41.6

3
4
5

4.1
8.4
3.2

6.6
10.6
3.3

8.0
11.5
3.4

10.6
11.3
3.2

13.7
13.7
3.3

12.2
14.0
3.6

11.3
14.0
3.9

13.9
14.6
4.1

13.0
14.6
4.2

17.8
16.2
4.6

15.8
17.1
5.0

17.2
16.9
5.2

14.8
16.6
5.4

18.9
17.8
5.8

19.7
17.7
5.8

17.8
17.9
5.8

6

Housing
Household operation
Electricity and gas
Other
Transportation
Other.

96.6

94.9

98.2

108.8

113.9

116.5

118.0

122.9

128.9

135.2

139.8

146.4

151.1

155.3

52.3
18.8
4.0
15.8
3.0
12.8

54.2
20.1
4.8
17.5
3.4
14.1

52.5
19.3
5.3
17.7
3.1
14.7

53.9
19.6
5.5
19.2
3.4
15.8

60.4
21.2
6.1
21.1
3.5
17.6

63.4
21.9
6.8
21.8
3.4
18.3

64.4
22.1
7.4
22.7
3.4
19.3

65.4
22.1
7.8
22.6
3.5
19.2

67.2
23.1
8.6
24.1
3.8
20.3

69.9
24.1
9.4
25.5
3.9
21.6

73.6
24.3
10.2
27.1
4.1
23.0

76.4
24.7
10.6
28.2
4.2
24.0

79.1
26.1
11.3
29.9
4.0
25.9

81.1
26.7
12.0
31.3
3.8
27.5

83.2
27.4
12.0
32.7
3.7
29.0

45.3

50.4

55.3

58.2

63.0

68.5

74.0

80.6

86.1

92.1

99.2

105.9

112.8

121.9

130.7

138.1

14
15
16
17
18
19

Services

90.9

47.4
18.2
3.4
13.8
2.5
11.3

13

Food
Clothing and shoes
Gasoline and oil
Other nondurable goods
Fuel oil and coal
Other

82.7

7
8
9
10
11
12

Nondurable goods

14.2
6.8
2.1
4.7
5.0
19.4

16.0
7.5
2.3
5.1
5.3
21.7

17.9
8.1
2.6
5.4
5.8
23.6

19.6
8.5
2.9
5.6
5.9
24.1

21.7
9.5
3.3
6.2
6.2
25.6

24.3
10.4
3.7
6.7
6.7
27.0

27.0
11.1
4.1
,7.0
7.1
28.8

29.8
12.0
4.5
7.5
7.8
31.0

32.2
12.6
5.0
7.6
7.9
33.3

34.3
14.0
5.5
8.5
8.2
35.6

36.7
15.2
6.1
9.2
8.6
38.7

39.3
16.2
6.5
9.7
9.0
41.4

42.0
17.3
7.1
10.2
9.3
44.3

45.0
18.5
7.6
10.9
10.1
48.3

48.1
20.1
8.3
11.8
10.7
51.7

51.2
21.0
8.8
12.2
11.2
54.8

1963

1964

1965

Line
consumption

expendi-

1

1962

374.6

355.2

400.5

1967

1966

430.4

465.1

1969

1968

490.3

536.9

1970

581.8

1971

621.7

1972

1973

1974

1976

1975

672.2

737.1

812.0

888.1

976.4

1,084.3

2

Durable goods
Motor vehicles and parts
Furniture and household equipment
Other

46.7

51.4

56.4

63.0

68.0

70.1

80.5

85.7

85.2

97.2

111.1

123.3

121.5

132.2

156.8

3
4
5

21.5
18.9
6.3

24.4
20.3
6.7

26.1
22.8
7.6

30.0
24.7
8.3

30.4
27.7
9.9

30.1
29.5
10.5

36.3
32.3
11.8

38.7
34.1
13.0

36.2
35.2
13.9

45.4
37.2
14.6

52.4
41.7
16.9

57.1
47.1
19.2

50.4
50.6
20.5

55.8
53.5
22.9

72.6
59.1
25.2

6

Housing
Household operation
Electricity and gas
Other
Transportation
Other

176.9

188.6

204.7

212.6

230.6

247.8

265.7

278.8

300.6

333.4

373.4

407.3

441.7

87.8
29.5
12.9
36.8
4.0
32.8

92.7
31.9
13.5
38.7
4.1
34.6

98.9
33.5
14.7
41.6
4.4
37.2

106.6
36.6
16.0
45.6
4.7
40.9

109.6
38.2
17.0
47.8
4.8
43.0

118.7
42.1
18.6
51.1
4.7
46.5

127.5
45.5
20.7
54.1
4.5
49.6

138.9
46.8
22.4
57.6
4.4
53.2

144.2
50.6
23.9
60.1
4.5
55.5

154.9
55.4
25.4
64.9
5.0
59.8

172.1
61.4
28.6
71.2
6.2
65.0

193.7
64.8
36.6
78.2
7.7
70.5

213.6
69.6
40.4
83.7
8.2
75.5

230.6
75.3
44.0
91.9
9.8
82.1

13

Services

167.1

85.5
28.7
12.6
34.8
3.7
31.1
147.0

156.1

167.1

178.7

192.4

207.6

225.8

248.2

270.8

296.2

325.3

355.2

393.2

437.0

485.7

14
15
16
17
18
19

Food
Clothing and shoes
Gasoline and oil
Other nondurable goods
Fuel oil and coal
Other

161.6

7
8
9
10
11
12

Nondurable goods

54.7
22.2
9.4
12.8
11.7
58.3

58.0
23.4
9.9
13.6
12.2
62.5

61.4
24.8
10.4
14.4
12.8
68.1

65.5
26.3
10.9
15.4
13.7
73.3

69.5
28.0
11.5
16.5
15.0
79.9

74.1
30.0
12.2
17.8
16.2
87.2

79.8
32.2
13.1
19.2
17.6
96.2

87.0
35.0
14.2
20.8
19.5
106.8

93.9
37.7
15.4
22.2
22.0
117.2

102.7
41.0
17.0
24.0
25.1
127.4

112.5
45.2
18.8
26.4
27.5
140.1

123.8
49.6
20.5
29.1
28.8
153.0

137.4
55.2
24.0
31.2
30.9
169.8

149.8
63.3
29.2
34.1
33.2
190.7

166.5
71.6
32.9
38.7
38.6
209.0

1946
Line
Personal
tures.

1952

1951

2

consumption

Durable goods

Personal
tures.

1948

1947

1946

consumption

expendi-

Durable goods
Motor vehicles and parts
Furniture and household equipment
Other
Nondurable goods
Food
Clothing and shoes
Gasoline and oil
Other nondurable goods
Fuel oil and coal
Other
Services
Housing
Household operation
Electricity and gas
Other
Transportation
Other




1948

1947

II

I

III

IV

II

I

III

IV

I

II

1949
III

IV

I

1950

II

III

IV

I

II

III

IV

1

134.5

139.6

148.4

152.7

156.0

159.9

163.5

167.6

170.3

174.0

176.9

177.8

176.6

178.2

177.6

180.1

182.9

186.8

200.4

197.8

2

12.6

14.7

17.1

18.7

19.4

20.0

20.3

22.0

22.0

22.4

23.7

23.3

22.8

24.8

25.8

26.8

27.7

28.1

35.6

31.5

3
4
5

2.4
7.1
3.1

3.4
8.1
3.2

4.7
9.0
3.3

6.0
9.5
3.3

6.4
9.8
3.3

6.5
10.2
3.3

6.2
10.8
3.3

7.2
11.5
3.3

7.7
10.9
3.3

7.4
11.7
3.3

8.2
12.1
3.4

8.6
11.4
3.4

9.0
10.5
3.3

10.9
10.6
3.3

11.2
11.5
3.1

11.2
12.4
3.2

12.1
12.5
3.2

12.7
12.1
3.3

15.6
16.5
3.5

14.5
13.6
3.4

6

78.9

80.6

85.1

86.3

87.7

90.1

92.1

93.6

95.1

97.0

97.0

97.3

96.3

95.3

93.5

94.3

94.8

96.3

100.9

100.9

7
8
9
10
11
12

44.9
18.0
3.0
13.1

45.7
17.9
3.3
13.6

48.7
18.9
3.5
14.1

50.2
18.0
3.7
14.4

50.9
18.3
3.7
14.8

52.0
18.5
4.0
15.6

52.9
18.9
4.1
16.1

53.5
19.3
4.3
16.6

53.8
19.5
4.6
17.2

55.0
19.9
4.7
17.3

54.1
20.2
4.9
17.8

53.8
20.7
5.0
17.7

53.4
20.2
5.1
17.6

52.8
19.6
5.3
17.6

52.0
18.5
5.4
17.6

51.7
19.0
5.4
18.1

52.3
18.9
5.4
18.2

52.9
19.2
5.6
18.6

54.8
20.4
5.6
20.1

55.4
20.1
5.6
19.7

13

43.0

44.4

46.2

47.7

48.8

49.9

51.1

52.0

53.2

54.6

56.2

57.2

57.5

58.1

58.3

59.0

60.3

62.3

63.9

65.4

14
15
16
: 17
18
19

13.8
6.7

14.0
6.6

14.3
6.8

14.7
7.0

15.1
7.1

15.6
7.4

16.3
7.7

16.9
7.7

17.3
7.9

17.7
8.0

18.1
8.2

18.5
8.2

19.0
8.4

19.4
8.4

19.8
8.5

20.3
8.9

20.9
9.2

21.4
9.4

22.0
9.6

22.6
9.9

4.5
18.1

4.8
19.0

5.1
20.0

5.3
20.6

5.3
21.3

5.3
21.5

5.3
21.7

5.3
22.0

5.5
22.6

5.6
23.3

5.9
24.0

6.0
24.4

5.9
24.3

6.0
24.2

5.9
24.1

5.8
23.9

5.9
24.4

6.1
25.3

6.3
26.1

6.4
26.5

Table 2.2.—Personal Consumption Expenditures by Major Type of Product: Annually and Seasonally Adjusted Quarterly Totals at Annual Rates,
1946-76—Continued
[Billions of dollars]
1952

1951
Line
I
Personal
tures.

III

II

IV

I

IV

I

III

II

1955

1954

1953
III

II

IV

I

III

II

IV

III

II

I

IV

Durable goods
Motor vehicles and parts
Furniture and household equipment
Other
Nondurable goods

208.3

203.8

206.2

209.9

211.1

215.1

217.2

225.0

228.3

229.9

230.5

230.0

231.9

234.3

236.4

240.8

246.8

251.9

256.0

260.0

33.8

28.9

28.3

28.3

28.9

29.0

27.3

31.4

32.9

32.8

32.5

31.9

31.2

31.8

31.3

33.0

36.2

38.6

40.3

39.4

3
4
5

14.4
15.8
3.6

12.2
13.2
3.5

11.2
13.4
3.7

10.9
13.7
3.7

11.3
13.8
3.7

11.5
13.7
3.8

9.6
13.8
3.9

12.8
14.5
4.1

14.3
14.4
4.2

14.1
14.6
4.1

13.8
14.6
4.1

13.2
14.6
4.0

12.8
14.5
4.0

13.3
14.4
4.1

12.4
14.6
4.3

13.5
15.1
4.4

16.1
15.7
4.4

18.1
15.9
4.6

19.1
16.6
4.6

18.0
16.5
4.8

6

expendi-

1
2

consumption

107.6

107.1

109.0

111.4

110.8

113.0

115.0

116.9

117.0

116.9

116.2

116.0

117.1

117.1

118.1

119.5

120.5

122.2

123.3

125.7

63.3
21.5
6.7
21.5

64.4
21.9
6.9
21.8

64.5
23.1
7.0
22.3

64.9
22.3
7.1
22.6

64.5
22.5
7.3
22.7

64.1
21.9
7.6
22.6

64.0
21.5
7.7
22.8

64.8
22.0
7.7
22.6

65.0
21.9
7.7
22.5

65.6
22.0
7.8
22.6

66.2
22.4
8.0
22.9

66.4
22.6
8.2
23.3

67.0
23.2
8.5
23.5

67.3
23.1
8.7
24.2

68.0
23.6
9.0
25.2

7
8
9
10
11
12

60.6
21.3
6.2
20.9

61.5
21.5
6.4
22.1

66.9

67.9

69.0

70.1

71.5

73.1

74.9

76.7

78.4

80.2

81.8

82.1

83.6

85.3

87.0

88.3

90.1

91.1

92.4

94.9

23.3
10.2

24.0
10.3

24.7
10.4

25.3
10.6

26.0
10.8

26.6
11.0

27.2
11.3

28.0
11.5

28.7
11.7

29.4
12.1

30.3
12.2

30.9
12.0

31.5
12.2

32.0
12.4

32.4
12.7

32.9
13.1

33.5
13.4

34.1
13.7

34.6
14.2

35.2
14.9

6.6
26.8

6.7
26.9

6.8
27.0

6.8
27.4

6.9
27.8

7.0
28.4

7.2
29.2

7.4
29.9

7.6
30.3

7.8
30.9

7.9
31.3

7.9
31.3

7.9
31.9

7.9
33.1

7.9
33.9

8.0
34.3

8.1
35.1

8.i
35.2

8.1
35.4

8.2
36.6

I

Housing
Household operation
Electricity and gas
Other .. .
Transportation
Other

59.8
20.8
6.0
20.4

14
15
16
17
18
19

Other
Services

59.5
21.3
5.9
20.9

13

Food
Clothing and shoes
Gasoline and oil
Other nondurable goods

61.7
21.2
6.5
21.4

II

I

II

I

II

I

II

I

II

1957

1956
Line

Personal
tures.

III

IV

1958
III

IV

IV

1960
III

IV

III

IV

326.0

328.0

Services
Housing
Household operation
Electricity and gas
Other
Transportation
Other

271.9

276.1

278.3

282.8

284.4

284.0

286.8

291.7

295.4

303.5

309.1

314.2

316.2

319.8

37.6

37.6

37.3

38.9

40.0

39.5

39.1

38.8

36.8

36.0

36.7

38.0

41.2

43.0

43.9

41.6

43.0

43.9

43.4

42.2

3
4
5

16.2
16.6
4.8

15.5
17.3
4.9

15.2
17.0
5.1

16.5
17.3
5.2

17.9
17.0
5.1

17.4
17.1
5.0

16.8
17.0
5.4

16.9
16.6
5.3

14.7
16.7
5.3

14.5
16.2
5.3

14.6
16.7
5.4

15.5
16.9
5.5

18.2
17.4
5.7

19.4
17.8
5.8

20.2
17.9
5.8

17.7
18.0
5.9

19.4
17.8
5.8

20.0
18.0
5.9

20.2
17.4
5.7

19.0
17.4
5.8

127.2

128.1

129.4

130.8

132.5

133.9

137.2

136.9

137.6

138.9

140.8

141.9

144.3

145.6

147.1

148.7

148.8

151.8

151.4

152.5

68.9
23.7
9.1
25.4

69.5
24.0
9.3
25.4

70.2
24.4
9.4
25.4

71.0
24.5
9.8
25.6

71.9
24.2
10.2
26.2

72.9
24.2
10.1
26.7

74.6
24.7
10.2
27.6

74.7
24.2
10.2
27.9

75.7
23.9
10.4
27.5

76.3
24.4
10.5
27.7

76.5
24.9
10.7
28.7

77.0
25.4
10.7
28.9

78.3
25.5
10.9
29.6
4.2
25.4

78.5
26.3
11.2
29.7
4.1
25.6

79.5
26.2
11.2
30.2
4.0
26.2

80.2
26.5
11.7
30.3
3.8
26.5

79.8
26.6
11.6
30.8
3.9
26.9

81.5
27.0
12.1
31.1
3.8
27.4

81.2
26.6
12.2
31.4
3.8
27.7

82.0
26.6
12.1
31.8
3.8
28.0

13

Food
Clothing and shoes
Gasoline and oil
Other nondurable goods
Fuel oil and coal
Other

266.8

96.5

98.1

100.1

102.1

103.6

104.9

106.5

108.7

109.6

111.9

114.2

115.5

117.9

120.5

123.2

125.9

128.0

130.2

131.2

133.3

14
15
16
17
18
19

Nondurable goods

263.9

7
8
9
10
11
12

Motor vehicles and parts
Furniture and household equipment
Other

261.4

6

expendi-

1
2

consumption

Durable goods

35.7
15.0

36.3
15.2

37.0
15.4

37.6
15.5

38.2
15.7

38.9
16.1

39.6
16.3

40.4
16.7

41.0
16.9

41.6
17.3

42.3
17.4

42.9
17.4

8.4
37.4

8.5
38.1

8.7
39.1

8.8
40.2

9.0
40.7

9.0
41.0

9.i
41.4

9.0
42.7

9.0
42.8

9.2
43.8

9.4
45.1

9.7
45.5

43.6
17.9
7.5
10.5
9.7
46.6

44.5
18.3
7.5
10.8
10.0
47.7

45.4
18.8
7.7
11.0
10.3
48.8

46.4
19.1
7.9
11.2
10.5
49.9

47.0
19.6
8.2
11.4
10.6
50.7

47.6
20.0
8.3
11.7
10.7
51.9

48.4
20.2
8.3
11.9
10.8
51.8

49.4
20.5
8.5
12.0
10.9
52.5

1962

1961
Line

Personal
tures.

1959
III

consumption

expendi-

Durable goods
Motor vehicles and parts
Furniture and household equipment
Other
Nondurable goods
Food
Clothing and shoes
Gasoline and oil
Other nondurable goods
Fuel oil and coal
Other
Services
Housing
Household operation
Electricity and gas
Other
Transportation
Other




I

II

III

IV

I

1963

II

III

IV

1

328.5

333.1

335.7

342.7

347.5

353.0

357.0

363.4

I
367.2

325.9

1964

II

III

IV

371.2

377.8

382.1

I
390.6

II

III

IV

397.9

405.9

407.6

2

39.7

40.7

41.9

44.0

45.0

46.3

46.8

48.8

49.8

51.1

51.9

52.9

55.0

56.4

58.2

56.1

3
4
5

16.6
17.4
5.7

17.2
17.8
5.7

18.0
18.1
5.8

19.5
18.5
6.0

20.5
18.5
6.0

21.4
18.7
6.2

21.3
19.2
6.3

22.9
19.4
6.5

23.6
19.7
6.5

24.4
20.0
6.7

24.5
20.5
6.8

25.1
20.9
6.8

25.9
21.9
7.2

26.2
22.8
7.5

27.4
23.0
7.8

24.8
23.5
7.8

164.1

165.2

165.9

168.3

168.8

172.7

175.7

179.1

180.1

86.8
29.1
12.9
36.4
4.2
32.2

87.3
29.3
12.8
36.5
3.9
32.6

88.3
29.9
12.9
37.2
4.0
33.2

89.0
29.8
13.0
37.1
3.9
33.2

90.6
31.0
13.3
37.7
3.9
33.9

92.1
31.9
13.4
38.3
4.0
34.3

93.7
32.3
13.6
39.5
4.3
35.2

94.4
32.6
13.7
39.4
4.3
35.1

6

153.9

154.7

155.2

157.4

159.3

160.6

162.2

7
8
9
10
11
12

83.0
26.9
12.0
32.0
3.7
28.3

83.2
27.1
11.8
32.6
3.9
28.7

83.0
27.4
12.1
32.7
3.7
29.0

83.7
28.2
12.0
33.4
3.6
29.8

84.5
28.2
12.3
34.2
3.7
30.5

85.0
28.6
12.5
34.5
3.7
30.8

86.0
28.9
12.5
34.9
3.6
31.2

13

135.0

137.6

138.6

141.4

143.2

146.1

148.0

150.5

152.1

154.1

157.7

160.4

162.9

165.7

168.5

171.4

14
15
16
17
18
19

50.0
20.6
8.5
12.1
11.0
53.3

50.7
20.9
9.0
12.0
11.1
54.9

51.5
20.9
8.8
12.1
11.2
54.9

52.4
21.5
9.0
12.5
11.4
56.0

53.2
22.0
9.3
12.7
11.6
56.5

54.2
21.9
9.3
12.6
11.7
58.3

55.2
22.3
9.5
12.8
11.8
58.7

56.3
22.7
9.7
13.0
11.9
59.5

56.9
23.3
10.0
13.3
12.0
59.9

57.4
23.1
9.6
13.5
12.1
61.6

58.3
23.7
10.0
13.7
12.2
63.5

59.3
23.6
9.9
13.7
12.4
65.1

60.0
24.0
10.2
13.8
12.6
66.3

60.9
24.8
10.3
14.5
12.7
67.4

61.8
25.1
10.5
14.6
12.9
68.8

62.9
25.4
10.6
14.8
13.0
70.1

86.4
29.1 ,
13.0
35.6
3.9
31.7

Table 2.2.—Personal Consumption Expenditures by Major Type of Product: Annually and Seasonally Adjusted Quarterly Totals at Annual Rates,
1946-76—Continued
[Billions of dollars]

I
Personal
tures.

consumption

expendi-

Durable goods

1

417.9

II

III

IV

424.3

432.9

446.3

I
456.2

II

III

IV

460.6

469.4

474.2

478.7

1968

II

III

IV

487.5

494.0

500.8

I
517.6

II

III

IV

530.2

545.7

554.0

Housing
Household operation
Electricity and gas
Other
Transportation
Other

63.3

65.6

68.7

66.0

68.5

68.8

67.3

70.6

70.8

71.6

76.8

78.7

83.0

83.3

29.4
24.0
8.0

30.2
24.8
8.3

30.3
26.2
9.0

32.2
26.8
9.7

29.2
27.1
9.7

30.1
28.4
10.0

30.1
28.7
10.1

28.2
28.9
10.2

31.0
29.2
10.4

30.8
29.4
10.6

30.5
30.3
10.8

34.4
31.2
11.1

35.3
31.8
11.7

37.8
33.2
12.0

37.7
33.0
12.5

182.6

186.0

189.5

196.5

200.5

203.9

206.8

207.4

209.6

211.2

213.4

216.2

223.1

228.2

234.2

236.9

95.5
32.7
14.1
40.2
4.2
36.0

97.5
32.7
14.6
41.1
4.3
36.8

99.3
33.5
14.8
41.8
4.6
37.2

103.2
34.9
15.2
43.2
4.6
38.6

105.1
35.9
15.4
44.1
4.4
39.7

106.4
36.3
15.8
45.4
4.6
40.8

107.4
37.1
16.2
46.2
4.8
41.4

107.4
37.0
16.4
46.6
4.8
41.7

108.5
37.4
16.6
47.1
4.8
42.3

108.7
38.0
16.9
47.6
4.9
42.8

109.6
38.6
17.1
48.0
4.7
43.3

111.7
38.8
17.5
48.3
4.9
43.4

114.6
40.5
18.1
49.9
4.9
45.0

117.4
41.6
18.3
50.8
4.7
46.1

120.5
43.1
19.0
51.7
4.6
47.1

122.2
43.4
19.1
52.2
4.5
47.6

13

Services

61.5

30.1
23.6
7.9

7
8
9
10
11
12

Food
Clothing and shoes
Gasoline and oil
Other nondurable goods
Fuel oil and coal
Other

61.6

3
4
5
6

Nondurable goods

173.7

176.9

180.1

184.3

187.0

190.6

194.1

198.0

201.9

205.7

209.8

213.0

217.8

223.2

228.4

233.8

66.0
26.6
10.9
15.7
13.9
73.6

67.2
27.2
11.1
16.1
14.2
75.7

68.1
27.0
11.2
15.8
14.4
77.5

68.8
27.8
11.5
16.3
14.8
79.1

70.0
28.4
11.6
16.8
15.0
80.7

71.2
29.0
11.7
17.2
15.6
82.3

72.3
29.2
11.7
17.5
15.9
84.5

73.3
30.0
12.3
17.7
16.0
86.3

74.8
30.1
12.2
17.9
16.3
88.7

76.2
30.9
12.6
18.2
16.6
89.3

77.6
31.5
12.9
18.6
17.1
91.6

78.8
31.8
12.8
19.1
17.4
95.1

80.4
32.5
13.2
19.3
17.8
97.7

82.3
33.1
13.4
19.7
18.2
100.3

I

II

III

IV

I

II

III

IV

I

II

III

IV

616.9

628.1

634.1

652.8

666.0

677.5

692.6

709.6

727.3

744.2

767.0

63.8
25.4
10.6
14.8
13.2
71.4

64.9
26.1
10.9
15.2
13.5
72.4

I

14
15
16
17
18
19

II

III

IV

576.9

586.7

597.8

1970

1969
Line

consumption

expendi-

1

565.8

607.8

1971

1972

2

Durable goods
Motor vehicles and parts
Furniture and household equipment
Other

85.3

85.7

85.9

86.0

84.9

86.3

87.3

82.4

93.0

95.9

98.2

102.0

105.6

109.0

112.2

117.6

3
4
5

38.9
33.6
12.8

38.3
34.3
13.1

38.8
34.1
13.0

38.6
34.4
13.0

36.4
34.9
13.6

37.9
35.0
13.4

38.2
35.1
14.0

32.4
35.6
14.4

42.9
36.0
14.1

44.6
36.7
14.5

45.9
37.4
14.9

48.3
38.7
15.0

49.5
40.2
15.9

51.4
40.8
16.8

52.6
42.3
17.3

56.1
43.7
17.8

6

Housing
Household operation
Electricity and gas
Other
Transportation
Other

249.9

254.3

260.2

263.5

267.3

271.9

273.8

277.4

279.9

284.0

288.8

297.2

304.0

312.6

126.2
45.2
20.8
53.7
4.5
49.2

128.3
46.0
20.9
54.7
4.4
50.2

131.4
46.3
21.4
55.3
4.6
50.7

135.8
46.1
21.8
56.4
4.5
51.9

138.0
46.3
22.3
56.9
4.3
52.6

140.0
46.7
22.5
58.0
4.4
53.6

141.6
48.0
23.1
59.2
4.3
54.8

141.9
48.8
23.5
59.6
4.6
55.0

144.0
50.5
23.4
59.5
4.7
54.9

144.4
51.1
24.0
60.3
4.5
55.8

146.5
52.1
24.6
60.8
4.4
56.5

148.8
52.8
24.8
62.3
4.5
57.8

153.8
54.4
24.7
64.3
4.8
59.5

156.7
56.1
25.5
65.6
5.1
60.5

160.3
58.3
26.6
67.3
5.7
61.6

239.2

245.3

250.9

257.4

262.8

267.1

273.6

279.7

286.0

292.7

299.5

306.6

315.2

321.2

328.0

336.8

14
15
16
17
18
19

Services

245.9

124.1
44.5
19.8
52.9
4.6
48.3

13

Food
Clothing and shoes
Gasoline and oil
Other nondurable goods
Fuel oil and coal
Other

241.3

7
8
9
10
11
12

Nondurable goods

84.0
34.1
13.9
20.2
18.7
102.4

85.9
34.4
13.7
20.6
19.2
105.9

88.0
35.3
14.3
21.0
19.7
107.9

90.0
36.1
14.8
21.4
20.3
111.0

91.4
36.7
15.0
21.7
21.0
113.6

92.7
37.2
15.2
22.0
21.6
115.6

94.6
38.0
15.7
22.3
22.4
118.7

97.0
38.8
15.9
22.9
23.0
120.9

99.0
39.8
16.5
23.3
23.7
123.6

101.4
40.5
16.9
23.5
24.7
126.2

103.9
41.4
17.1
24.3
25.7
128.5

106.3
42.3
17.5
24.8
26.4
131.5

108.7
43.2
17.7
25.5
27.1
136.3

111.0
44.5
18.5
26.0
27.3
138.4

113.8
45.6
18.8
26.8
27.7
141.0

116.6
47.4
20.1
27.3
28.1
144.8

II

III

IV

II

III

IV

II

III

IV

I

II

III

IV

1973
Line
Personal
tures.

I

2

Motor vehicles and parts
Furniture and household equipment
Other

Personal
tures.

1967

1966

1965
Line

consumption

expendi-

Durable goods
Motor vehicles and parts
Furniture and household equipment
Other
Nondurable goods
Food
Clothing and shoes
Gasoline and oil
Other nondurable goods
Fuel oil and coal
Other
Services
Housing
Household operation
Electricity and gas
Other
Transportation
Other




I

1974
I

1975
I

1976

1

790.0

802.9

820.6

834.3

853.0

878.6

906.7

914.1

935.1

961.6

992.1

1,016.9

1,047.8

1,067.2

1,094.2

1,127.9

2

125.5

124.3

123.4

120.2

118.5

121.7

127.4

118.5

122.4

127.1

136.7

142.6

152.0

154.6

158.1

162.6

3
4
5

60.7
46.1
18.6

58.6
46.7
19.0

56.6
47.3
19.5

52.6
48.1
19.6

48.8
49.5
20.1

50.1
50.9
20.8

54.7
51.9
20.8

48.1
50.1
20.3

50.0
50.8
21.6

51.5
53.0
22.6

58.9
54.2
23.6

62.8
56.0
23.7

69.8
57.6
24.5

71.4
58.3
25.0

73.2
59.5
25.4

75.8
61.0
25.8

6

321.6

327.7

337.5

346.8

358.4

369.4

380.4

385.1

392.2

402.5

414.1

420.4

429.6

436.2

445.6

455.5

7
8
9
10
11
12

164.7
60.5
27.6
68.8
5.7
63.1

168.2
61.1
27.9
70.4
6.1
64.3

175.7
61.6
28.4
71.9
6.3
65.6

179.8
62.5
30.6
73.8
6.8
67.1

185.9
63.9
32.4
76.2
7.1
69.1

189.6
65.1
36.9
77.8
7.7
70.1

197.2
66.0
38.2
79.1
8.0
71.1

202.2
64.2
38.9
79.8
8.0
71.8

206.2
66.7
38.6
80.7
7.6
73.0

211.4
69.1
39.3
82.7
8.2
74.5

216.8
70.9
41.3
85.2
8.8
76.4

220.0
71.6
42.4
86.4
8.3
78.0

224.5
73.2
42.8
89.0
9.0
80.0

228.1
74.1
43.0
91.0
9.3
81.7

232.9
76.1
44.1
92.5
9.9
82.5

236.9
77.7
45.9
95.1
11.1
84.0

13

343.0

350.9

359.8

367.3

376.1

387.5

398.9

410.4

420.6

432.0

441.3

453.9

466.2

476.4

490.5

509.8

14
15
16
17
18
19

119.2
47.6
19.7
27.9
28.4
147.8

122.0
49.0
20.2
28.8
28.6
151.3

125.2
50.5
21.0
29.5
29.0
155.1

128.7
51.3
21.1
30.2
29.4
157.9

132.1
52.0
21.3
30.7
30.2
161.8

135.5
54.6
23.6
31.0
30.7
166.6

139.1
56.2
25.0
31.3
31.2
172.4

142.6
58.0
26.3
31.7
31.5
178.3

145.1
59.7
27.3
32.4
31.8
183.9

147.6
63.1
29.4
33.7
32.6
188.6

151.0
64.7
30.0
34.6
33.6
192.1

155.4
65.6
29.9
35.7
34.7
198.2

159.2
67.6
30.8
36.9
36.4
203.0

163.5
69.3
31.3
38.1
37.9
205.6

168.9
72.3
33.0
39.4
39.2
210.1

174.2
77.0
36.6
40.3
41.1
217.5

Table 2.3.—Personal Consumption Expenditures by Major Type of Product in Constant Dollars: Annually and Seasonally Adjusted Quarterly Totals
at Annual Rates, 1947-76.
[Billions of 1972 dollars]
Line
Personal
tures.

consumption

expendi-

1949

1948

1

305.8

312.2

319.3

1950

1951

1952

1953

1954

Motor vehicles and parts
Furniture and household equipment
Other

337.3

341.6

350.1

363.4

370.0

1957

1956

1958

1960

1959

1961

394.1

405.4

413.8

418.0

440.4

452.0

461.4

30.1

32.5

35.5

42.6

39.1

38.0

42.1

42.5

51.1

48.8

48.6

45.3

50.7

51.4

49.3

3
4
5

11.1
14.3
4.8

12.7
15.0
4.8

16.2
14.7
4.6

20.7
17.0
4.9

17.9
16.2
5.1

16.5
16.2
5.3

19.8
16.8
5.5

19.8
17.0
5.7

25.8
19.0
6.3

22.3
19.7
6.7

22.7
19.1
6.9

19.6
18.8
7.0

23.3
20.0
7.4

24.4
19.7
7.3

22.1
20.0
7.3

6

Housing
Household operation
Electricity and gas
Other
Transportation
Other-

157.4

161.8

165.3

171.2

175.7

177.0

185.4

191.6

194.9

196.8

205.0

208.2

211.9

89.0
29.7
7.2
29.1
5.5
23.6

89.9
29.8
7.8
29.8
4.8
24.9

91.4
30.7
8.1
31.7
5.2
26.5

93.4
30.3
8.8
32.8
5.2
27.6

96.1
31.8
9.5
33.7
5.0
28.7

99.1
32.1
10.1
34.5
4.9
29.6

100.4
32.0
10.4
34.3
4.9
29.3

104.6
33.6
11.3
35.9
5.3
30.6

108.1
34.5
12.0
37.1
5.3
31.8

110.1
34.2
12.4
38.1
5.2
32.9

110.2
34.6
13.0
39.0
5.4
33.5

114.4
36.3
13.7
40.6
5.2
35.5

115.6
36.6
14.2
41.8
5.0
36.8

117.4
37.3
14.3
43.0
4.7
38.3

120.9

124.7

126.5

132.9

137.2

140.9

145.6

150.5

157.6

165.0

170.3

175.9

184.8

192.4

200.2

14
15
16
17
18
19

Services..

155.0

90.3
29.4
6.8
28.3
5.5
22.8

13

Food
Clothing and shoes
Gasoline and oil
Other nondurable goods
Fuel oil and coal
Other

154.8

7
8
9
10
11
12

Nondurable goods

31.9
15.8
3.5
12.3
16.3
56.9

33.6
16.4
3.9
12.5
16.2
58.6

35.7
16.8
4.2
12.6
15.4
58.6

38.1
18.2
4.8
13.4
15.1
61.5

40.8
19.0
5.4
13.7
15.5
61.9

43.4
19.3
5.8
13.4
15.3
62.9

45.7
19.9
6.3
13.7
15.6
64.3

47.9
20.4
6.9
13.5
15.1
67.1

50.3
22.5
7.4
15.1
15.4
69.4

52.8
24.0
8.1
15.9
16.2
72.0

55.4
24.7
8.6
16.1
16.4
73.8

57.9
25.4
9.1
16.4
15.9
76.6

60.9
26.4
9.6
16.8
16.5
81.0

64.0
27.6
10.1
17.5
17.0
83.8

67.0
28.4
10.7
17.8
17.1
87.6

Line
consumption

expendi-

1963

1962

1

1964

1965

1966

1967

1968

1970

1969

500.5

482.0

528.0

557.5

585.7

602.7

634.4

657.9

1971

1972

1973

1974

1975

1976

672.1

696.8

737.1

768.5

763.6

780.2

823.7

2

Durable goods
Motor vehicles and parts
Furniture and household equipment
Other

54.7

59.7

64.8

72.6

78.4

79.5

88.3

91.8

89.1

98.2

111.1

121.3

112.3

112.7

126.6

3
4
5

25.7
21.2
7.8

28.7
22.7
8.3

30.2
25.5
9.1

34.8
27.8
10.0

35.4
31.2
11.8

34.7
32.6
12.3

40.3
34.7
13.4

41.9
35.8
14.1

38.2
36.1
14.8

45.5
37.6
15.0

52.4
41.7
16.9

56.5
46.3
18.5

47.0
46.8
18.6

47.5
45.9
19.3

57.3
48.9
20.4

6

Housing
Household operation
Electricity and gas
Other
Transportation
Other

233.3

244.0

255.5

259.5

270.5

277.3

283.7

288.7

300.6

308.0

303.3

308.2

322.5

120.7
39.6
15.3
47.4
4.9
42.5

125.4
42.6
16.0
49.3
5.2
44.1

130.9
44.2
16.8
52.2
5.5
46.7

134.6
46.9
17.8
56.2
5.6
50.5

136.7
46.9
18.4
57.4
5.6
51.8

142.4
49.0
19.9
59.2
5.3
53.9

145.6
50.0
21.4
60.3
5.0
55.3

150.0
49.4
22.9
61.4
4.7
56.7

151.2
51.8
24.2
61.5
4.6
56.9

154.9
55.4
25.4
64.9
5.0
59.8

153.6
59.3
26.2
68.9
5.4
63.5

152.7
58.7
24.8
67.2
4.2
63.0

156.9
60.9
25.6
64.8
4.2
60.6

164.7
63.8
26.8
67.2
4.6
62.5

208.8

217.8

229.8

240.9

251.8

263.7

275.6

288.8

299.3

309.9

325.3

339.2

348.0

359.3

374.7

14
15
16
17
18
19

Services

223.0

119.2
38.9
14.9
45.5
4.7
40.8

13

Food
Clothing and shoes
Gasoline and oil
Other nondurable goods
Fuel oil and coal
Other

218.5

7
8
9
10
11
12

Nondurable goods

70.7
29.8
11.4
18.4
17.7
90.6

74.0
30.9
11.9
19.0
18.3
94.6

77.4
32.4
12.6
19.8
19.2
100.9

81.6
33.9
13.2
20.7
19.9
105.5

85.3
35.7
13.9
21.8
21.0
109.8

89.1
37.5
14.7
22.9
22.2
114.8

93.5
39.0
15.6
23.4
23.4
119.7

98.4
41.0
16.6
24.4
24.6
124.9

102.0
42.3
17.3
25.0
25.2
129.7

106.4
43.1
17.9
25.2
26.1
134.4

112.5
45.2
18.8
26.4
27.5
140.1

118.2
47.4
19.4
28.0
28.5
145.1

124.2
47.6
19.6
28.1
28.8
147.4

128.3
49.9
20.6
29.2
29.6
151.6

134.9
52.0
21.2
30.7
30.8
157.1

1947

1948

I
consumption

expendi-

Durable goods
Motor vehicles and parts
Furniture and household equipment
Other
Nondurable goods
Food
Clothing and shoes
Gasoline and oil
Other nondurable goods
Fuel oil and coal
Other
Services
Housing
Household operation
Electricity and gas
Other
Transportation
Other




II

III

IV

I

II

1950

1949

Line

Personal
tures.

1955

2

Durable goods

Personal
tures.

1947

III

IV

I

II

III

IV

I

II

1951
III

IV

I

II

III

IV

1

302.3

307.0

307.2

306.8

308.8

312.1

312.6

315.4

315.8

319.8

319.3

322.5

327.7

333.6

348.0

339.9

345.7

337.8

340.7

342.1

2

28.9

29.5

29.9

32.2

32.1

32.2

32.9

32.8

32.2

35.4

36.8

37.7

38.9

39.2

49.0

43.2

44.3

38.1

37.1

36.9

3
4
5

10.8
13.4
4.7

11.0
13.8
4.7

10.5
14.5
4.9

12.0
15.3
4.9

12.8
14.5
4.9

12.0
15.3
4.8

12.5
15.6
4.8

13.4
14.6
4.8

14.0
13.6
4.6

16.9
13.9
4.6

17.1
15.0
4.6

17.0
16.1
4.6

18.2
16.0
4.7

19.1
15.4
4.8

23.6
20.3
5.1

22.0
16.3
5.0

21.0
18.3
5.0

18.0
15.1
5.0

16.6
15.4
5.0

15.9
15.9
5.2

6

153.0

155.8

156.3

154.1

154.0

155.6

154.1

156.4

157.2

157.5

156.3

158.4

160.1

161.7

164.4

161.0

164.7

162.7

166.0

167.7

88.5
29.2
7.0
29.3

90.0
29.4
7.1
29.1

87.9
29.7
7.3
29.2

89.6
30.4
7.4
29.0

90.2
30.4
7.5
29.1

90.2
30.0
7.8
29.5

89.7
28.9
8.0
29.7

89.5
30.1
8.0
30.8

91.3
30.1
7.9
30.9

91.5
30.6
8.2
31.4

91.7
31.7
8.2
32.8

91.0
30.3
8.1
31.6

92.8
30.8
8.5
32.6

92.8
29.6
8.7
31.7

94.3
30.2
9.0
32.5

93.7
30.5
9.1
34.4

7
8
9
10
11
12

89.7
29.5
6.6
27.3

91.5
29.1
6.8
28.4

91.2
29.6
6.9
28.6

88.8
29.6
6.8
28.8

13

120.3

121.7

121.1

120.5

122.7

124.3

125.6

126.3

126.4

126.8

126.2

126.4

128.6

132.7

134.6

135.7

136.7

137.1

137.6

137.5

14
15
16
17
18
19

30.8
15.2

31.7
15.7

32.4
16.2

32.5
16.2

32.9
16.2

33.4
16.2

33.8
16.6

34.3
16.4

34.7
16.6

35.4
16.7

36.0
16.6

36.5
17.3

37.0
17.7

37.8
18.1

38.4
18.2

39.2
18.8

39.8
19.1

40.5
19.0

41.2
19.1

41.7
18.9

16.6
57.7

16.5
57.8

16.2
56.3

16.0
55.8

16.3
57.2

16.4
58.3

16.2
59.0

16.0
59.6

15.6
59.4

1.5.8
59.0

15.3
58.3

i4.9
57.7

14.7
59.2

15.2
61.6

15.2
62.7

15.3
62.5

15.5
62.2

15.6
61.9

15.5
61.7

15.2
61.6

Table 2.3.—Personal Consumption Expenditures by Major Type of Product in Constant Dollars: Annually and Seasonally Adjusted Quarterly Totals
at Annual Rates, 1947-76.—Continued
[Billions of 1972 dollars]
1953

1952
Line
I
Personal
tures.

III

II

IV

I

I

II

III

IV

I

III

II

IV

I

II

III

IV

Motor vehicles and parts
Furniture and household equipment
Other

342.7

348.6

350.2

358.8

362.8

364.6

363.6

362.6

363.5

366.2

371.8

378.6

385.2

392.2

396.4

402.6

403.2

403.9

405.1

409.3

37.5

38.3

35.9

40.5

42.3

41.9

41.8

42.5

40.9

41.4

42.4

45.1

48.1

51.3

52.7

52.2

49.4

48.9

48.1

48.8

3
4
5

expendi-

1
2

consumption

Durable goods

16.4
16.0
5.1

17.1
15.9
5.2

14.5
16.1
5.3

18.0
16.9
5.5

19.9
16.8
5.7

19.4
16.9
5.5

19.5
16.9
5.4

20.3
16.8
5.4

19.0
16.7
5.2

19.2
16.6
5.5

19.6
16.9
6.0

21.4
17.7
6.1

23.6
18.5
6.0

26.2
18.8
6.2

27.0
19.5
6.3

26.3
19.4
6.5

23.3
19.5
6.5

22.1
20.1
6.6

21.6
19.7
6.8

22.2
19.7
7.0

6

Services

170.3

172.8

174.9

176.1

176.6

175.2

174.9

175.8

175.0

177.2

180.0

181.4

184.4

185.9

189.8

191.6

191.1

191.2

192.5

93.5
30.4
9.2
33.4

96.0
31.4
9.4
33.5

97.1
32.3
9.7
33.7

97.7
33.0
9.8
34.4

99.7
31.9
9.9
34.6

99.6
32.7
10.0
34.3

98.7
32.0
10.2
34.2

98.5
31.6
10.1
34.7

99.4
31.9
10.2
34.3

98.9
31.9
10.2
34.1

100.9
31.8
10.4
34.2

102.3
32.5
10.7
34.5

102.7
32.9
10.9
34.9

104.1
33.8
11.2
35.3

105.0
33.6
11.3
36.1

106.6
34.3
11.6
37.2

108.2
34.2
11.8
37.3

107.8
34.3
12.0
37.0

107.7
34.7
11.8
37.0

108.5
34.6
12.2
37.2

13

Food
Clothing and shoes
Gasoline and oil
Other nondurable goods
Fuel oil and coal
Other...,

166.5

7
8
9
10
11
12

Nondurable goods

138.7

140.0

141.5

143.4

144.4

146.0

146.6

145.3

146.8

149.7

152.1

153.4

155.7

156.5

157.7

160.6

162.2

163.9

165.8

168.0

42.5
19.0

43.1
19.2

43.8
19.4

44.4
19.5

45.0
19.7

45.5
20.1

46.1
20.2

46.3
19.7

47.0
19.7

47.6
20.2

48.2
20.6

48.7
21.1

49.3
21.5

50.0
22.0

50.7
22.8

51.2
23.8

51.9
23.7

52.5
24.0

53.0
24.1

53.7
24.0

15.4
61.8

15.3
62.4

15.3
63.0

15.2
64.3

15.7
64.1

15.7
64.7

15.6
64.7

15.3
63.9

15.3
64.8

15.0
66.9

15.1
68.2

15.2
68.4

15.3
69.5

15.4
69.1

15.4
68.9

15.6
70.0

15.8
70.8

16.1
71.4

16.4
72.4

16.7
73.6

I

II

I

II

I

II

I

II

III

IV

I

II

454.1

452.7

453.2

454.0

14
15
16
17
18
19

Housing
Household operation
Electricity and gas
Other....
Transportation
Other

1958

1957
Line

Personal
tures.

IV

1956

1955

1954
III

II

consumption

expendi-

1

411.7

III

412.4

IV

415.2

416.0

411.0

1959
IV

414.7

420.9

425.4

434.1

439.7

1961

1960
III

III

IV

443.3

444.6

448.1

III

IV

459.9

461.4

470.3

2

48.8

48.0

47.9

45.1

44.5

45.1

46.6

49.5

51.3

52.1

49.7

51.0

52.3

51.8

50.5

47.7

48.4

49.4

51.8

23.7
19.4
6.9

22.9
19.3
6.6

21.8
19.1
7.0

22.4
18.6
7.0

19.5
18.7
6.9

19.4
18.3
6.8

19.2
18.9
7.0

20.3
19.3
7.1

22.5
19.6
7.4

23.8
20.0
7.5

24.6
20.1
7.4

22.0
20.2
7.5

23.8
19.9
7.4

24.8
20.1
7.4

25.1
19.5
7.2

23.8
19.4
7.3

21.1
19.4
7.2

21.4
19.8
7.2

22.0
20.2
7.3

23.8
20.6
7.4

6

Motor vehicles and parts
Furniture and household equipment
Other

49.9

3
4
5

Durable goods

193.1

193.9

196.7

195.7

193.4

194.9

198.3

200.6

203.2

204.6

205.5

206.8

207.2

209.5

208.1

208.1

209.6

211.6

211.7

214.8

7
8
9
10
.. . 11
12

108.9
34.2
12.5
37.5

109.8
34.0
12.3
37.8

111.0
34.8
12.5
38.5

110.8
33.9
12.5
38.6

109.4
33.5
12.6
37.9

109.5
34.2
13.0
38.3

110.5
35.0
13.2
39.6

111.6
35.6
13.4
40.0

113.3
35.7
13.6
40.6
5.3
35.3

114.0
36.6
13.6
40.4
5.2
35.2

114.6
36.3
13.7
40.8
5.2
35.6

115.5
36.6
13.9
40.8
5.0
35.8

115.3
36.8
13.8
41.3
5.2
36.1

116.4
37.0
14.4
41.7
5.0
36.7

115.5
36.4
14.3
41.9
4.9
37.0

115.3
36.3
14.2
42.3
5.0
37.3

116.6
36.6
14.1
42.2
4.7
37.5

117.5
37.0
14.3
42.9
4.9
38.0

117.2
37.3
14.3
42.9
4.6
38.3

118.2
38.3
14.4
43.9
4.6
39.3

13

168.7

169.7

170.5

172.3

172.5

175.3

177.5

178.2

181.5

183.8

185.7

188.1

189.9

192.3

192.7

194.6

196.7

199.9

200.2

203.7

14
15
16
17
18
19

54.3
24.3

55.1
24.7

55.8
24.8

56.4
25.0

57.2
25.2

57.7
25.6

58.2
25.5

58.7
25.5

16.8
73.3

16.5
73.5

16.5
73.4

15.9
75.1

15.7
74.4

15.8
76.1

16.0
77.7

16.2
77.9

59.5
25.9
9.5
16.4
16.2
79.8

60.4
26.4
9.4
16.9
16.4
80.7

61.4
26.5
9.7
16.9
16.6
81.2

62.4
26.8
9.8
17.0
16.7
82.3

63.0
27.2
10.0
17.2
16.9
82.9

63.6
27.5
10.1
17.4
17.0
84.3

64.4
27.7
10.1
17.6
17.0
83.7

65.2
28.0
10.3
17.7
17.0
84.3

65.8
28.1
10.2
17.9
17.0
85.8

66.5
28.3
10.8
17.5
17.0
88.1

67.4
28.3
10.7
17.6
17.1
87.5

68.4
29.1
10.9
18.1
17.3
88.9

I

II

III

IV

I

II

I

II

I

II

I

II

483.7

490.0

Nondurable goods
Food
Clothing and shoes
Gasoline and oil
Other nondurable goods
Fuel oil and coal
Other .
Services
Housing
Household operation
Electricity and gas
Other
Transportation
Other

1963

1962
Line

Personal
tures.

consumption

expendi-

Durable goods
Motor vehicles and parts
Furniture and household equipment
Other
Nondurable goods
Food
Clothing and shoes
Gasoline and oil
Other nondurable goods
Fuel oil and coal
Other
Services
Housing
Household operation
Electricity and gas
Other
Transportation
Other




1

474.5

479.8

493.1

1964
III

IV

497.4

503.9

507.5

516.6

525.6

1966

1965
III

IV

534.3

535.3

III

IV
573.9

546.0

550.7

559.2

581.2

III

IV

582.3

588.6

590.5

2

52.9

54.2

54.7

57.0

58.2

59.4

60.1

61.0

63.2

64.8

66.8

64.6

70.5

70.6

73.1

76.1

79.7

76.3

78.8

78.7

3
4
5

24.7
20.7
7.5

25.6
20.9
7.7

25.3
21.5
7.8

27.3
21.7
8.0

28.0
22.1
8.1

28.7
22.5
8.3

28.8
23.1
8.3

29.3
23.4
8.3

30.0
24.5
8.6

30.3
25.5
9.0

31.6
25.8
9.4

28.9
26.4
9.3

34.6
26.5
9.4

34.0
27.1
9.6

35.1
28.0
10.0

35.5
29.7
10.9

37.6
30.4
11.7

34.1
30.6
11.7

35.0
31.9
11.9

34.9
31.9
11.9

6

216.5

217.4

219.3

220.8

221.5

222.4

224.1

224.2

228.2

232.2

236.1

236.7

239.2

240.9

244.1

251.8

253.5

255.4

257.2

255.9

7
8
9
10
11
12

118.5
38.5
14.7
44.8
4.7
40.1

118.6
38.9
14.7
45.2
4.7
40.5

119.8
39.0
14.9
45.6
4.6
41.0

119.9
39.4
15.2
46.4
4.8
41.6

119.8
39.2
15.2
47.4
5.2
42.2

120.6
39.4
15.3
47.0
4.8
42.3

121.0
40.1
15.3
47.7
4.9
42.9

121.6
39.8
15.4
47.4
4.9
42.5

123.0
41.4
15.8
48.1
4.8
43.3

125.2
42.4
15.9
48.7
5.0
43.6

126.5
43.0
16.2
50.4
5.5
44.9

126.9
43.4
16.2
50.1
5.5
44.6

128.6
43.5
16.4
50.8
5.2
45.6

129.2
43.2
16.7
51.8
5.3
46.5

130.7
44.2
16.8
52.4
5.7
46.7

134.9
45.7
17.3
53.8
5.6
48.2

134.5
46.7
17.5
54.8
5.3
49.5

134.7
46.8
17.8
56.1
5.5
50.6

135.1
47.3
18.0
56.8
5.7
51.0

134.2
46.8
18.1
56.9
5.8
51.1

13

205.1

208.3

209.7

212.1

213.4

215.7

219.7

222.4

225.2

228.7

231.4

234.1

236.2

239.2

242.1

246.0

248.0

250.6

252.6

255.9

14
15
16
17
18
19

69.1
29.6
11.2
18.4
17.4
89.0

70.1
29.4
11.3
18.1
17.6
91.2

71.3
29.8
11.4
18.4
17.8
90.9

72.4
30.3
11.7
18.6
17.9
91.5

72.9
30.9
12.1
18.9
18.1
91.5

73.4
30.4
11.6
18.8
18.2
93.6

74.3
31.2
12.1
19.1
18.4
95.8

75.3
31.0
11.9
19.1
18.6
97.4

76.0
31.5
12.4
19.1
18.9
98.8

76.8
32.4
12.4
20.0
19.1
100.3

77.8
32.6
12.7
19.9
19.3
101.7

78.9
32.9
12.8
20.1
19.4
102.9

79.8
32.8
12.8
20.0
19.5
104.2

81.0
33.7
13.2
20.5
19.8
104.8

82.2
34.3
13.3
21.0
20.0
105.6

83.4
34.8
13.4
21.5
20.3
107.5

84.0
34.8
13.5
21.3
20.5
108.7

84.7
35.4
13.9
21.5
20.9
109.5

85.7
36.0
14.0
22.0
21.0
110.0

86.6
36.5
14.2
22.3
21.6
111.1

Table 2.3.—Personal Consumption Expenditures by Major Type of Product in Constant Dollars: Annually and Seasonally Adjusted Quarterly Totals
at Annual Rates, 1947-76.—Continued
[Billions of 1972 dollars]

Personal
tures.

consumption

expendi-

1

I
594.8

III

II
602.4

IV

605.2

608.2

I

III

IV
644.7

651.9

656.2

620.7

629.9

642.3

IV

659.6

663.9

II

I

III

II

IV
673.9

667.4

670.5

676.5

I

III

II

IV

687.0

693.3

698.2

708.6

2

Durable goods
Motor vehicles and parts
Furniture and household equipment
Other

77.2

80.7

79.9

80.1

85.2

86.9

90.9

90.4

92.3

92.1

91.7

91.3

89.7

90.7

91.1

84.8

94.0

96.3

99.0

103.5

3
4
5

33.2
32.1
12.0

36.1
32.4
12.2

35.1
32.5
12.3

34.2
33.3
12.5

38.5
33.8
12.8

39.3
34.2
13.4

41.8
35.6
13.5

41.4
35.1
13.9

42.5
35.7
14.1

41.6
36.2
14.2

42.1
35.6
14.1

41.6
35.6
14.1

39.0
36.0
14.6

40.3
36.0
14.4

40.2
36.0
14.9

33.1
36.4
15.2

42.6
36.6
14.7

44.1
37.2
15.0

46.1
37.7
15.2

49.3
39.0
15.2

6

Services .. .

259.4

259.5

260.8

266.1

269.0

273.6

273.3

275.7

277.0

277.7

278.7

281.3

282.4

284.5

286.7

287.6

288.5

288.4

290.2

136.3
46.7
18.1
57.2
5.7
51.5

136.5
47.0
18.3
57.6
5.7
52.0

136.3
47.2
18.4
57.6
5.4
52.1

137.7
46.9
18.8
57.3
5.6
51.7

139.8
48.3
19.4
58.7
5.6
53.0

141.7
48.8
19.6
59.0
5.3
53.7

144.1
49.7
20.2
59.6
5.2
54.5

144.1
49.3
20.3
59.5
5.1
54.5

145.3
49.8
20.7
59.9
5.2
54.7

145.6
50.0
21.3
60.2
5.0
55.2

145.4
50.2
21.5
60.6
4.9
55.7

146.2
49.9
22.0
60.6
5.0
55.6

148.3
49.3
22.6
61.2
5.0
56.2

149.5
49.2
22.7
61.0
4.7
56.4

150.9
49.1
23.1
61.5
4.7
56.9

151.4
49.9
23.4
62.0
4.5
57.5

151.7
50.4
23.7
61.8
4.7
57.1

151.4
51.7
24.2
61.2
4.7
56.4

150.6
52.1
24.3
61.4
4.5
56.9

151.2
52.8
24.6
61.6
4.3
57.3

13

Food
Clothing and shoes
Gasoline and oil
Other nondurable goods
Fuel oil and coal
Other

258.3

7
8
9
10
11
12

Nondurable goods

259.2

262.3

265.7

267.4

269.5

274.0

277.8

281.0

283.9

287.1

290.2

293.9

296.4

297.4

300.8

302.5

305.4

308.5

310.8

314.9

102.3
42.5
17.6
24.9
25.4
130.7

103.6
42.5
17.4
25.1
25.4
131.0

104.4
42.8
17.7
25.1
25.5
132.7

105.6
42.9
17.9
24.9
25.9
134.2

107.1
42.9
17.8
25.1
26.2
134.6

108.7
43.6
18.0
25.6
26.7
136.0

III

IV

III

IV

14
15
16
17
18
19

Housing
Household operation
Electricity and gas
Other
Transportation
Other

87.5
36.7
14.2
22.6
21.8
113.2

88.4
37.6
14.8
22.8
22.0
114.3

89.6
37.5
14.6
22.9
22.3
116.3

90.9
38.3
15.1
23.2
22.6
115.6

III

IV

92.0
38.6
15.4
23.2
22.9
116.1

I
consumption

expendi-

Durable goods
Motor vehicles and parts
Furniture and household equipment
Other
Nondurable goods
Food
Clothing and shoes
Gasoline and oil
Other nondurable goods
Fuel oil and coal
Other
Services..
Housing
Household operation
Electricity and gas
Other
Transportation
Other-




II

93.9
39.2
15.7
23.5
23.7
121.0

95.3
39.6
16.0
23.6
23.9
122.2

III

92.7
38.6
15.2
23.4
23.3
119.4

IV

96.4
40.4
16.4
24.0
24.2
122.8

97.8
40.4
16.1
24.3
24.5
124.4

I

II

99.0
41.2
16.7
24.5
24.7
125.2

100.3
41.7
17.0
24.7
25.0
126.9

III

IV

100.9
42.1
17.2
25.0
25.0
128.4

101.4
42.2
17.2
25.0
25.1
128.8

1974

1973

1972
Line

Personal
tures.

I

III

II

1971

1970

1969

1968

1967
Line

I

II

1975
I

II

1976
I

II

1

718.6

731.1

741.3

757.1

769.0

766.8

770.5

767.4

762.1

764.9

770.1

757.3

764.0

776.3

786.3

794.2

810.6

817.7

827.1

839.4

2

106.2

108.9

111.7

117.6

124.8

122.5

120.8

117.2

114.4

114.7

115.8

104.5

106.5

109.0

115.9

119.2

125.1

125.6

126.9

128.5

3
4
5

49.7
40.4
16.0

51.2
40.9
16.8

52.2
42.3
17.3

56.5
43.4
17.7

60.7
45.7
18.3

58.0
46.1
18.4

55.6
46.5
18.7

51.7
46.9
18.6

47.9
47.6
18.8

47.9
47.8
19.0

49.9
47.2
18.6

42.3
44.4
17.8

43.7
44.3
18.5

44.2
45.7
19.1

49.8
46.4
19.7

52.2
47.4
19.7

56.9
48.2
20.1

57.0
48.3
20.3

57.4
49.0
20.5

58.0
50.0
20.5

6

292.4

299.3

303.3

307.6

310.2

306.9

308.2

306.7

303.5

303.4

305.1

301.2

303.5

308.5

309.9

311.1

317.0

320.7

324.1

328.0

7
8
9
10
11
12

151.2
53.2
25.1
62.9
4.6
58.3

155.3
54.5
25.2
64.3
4.8
59.5

156.1
56.2
25.5
65.4
5.0
60.4

157.2
57.7
25.9
66.8
5.7
61.2

156.3
59.4
26.6
67.9
5.5
62.4

153.2
59.1
26.0
68.6
5.6
63.0

153.5
59.2
26.1
69.5
5.5
64.0

151.7
59.5
26.0
69.6
5.1
64.5

150.8
59.8
23.4
69.5
4.2
65.2

151.1
59.5
24.4
68.5
4.3
64.2

154.9
58.9
25.1
66.3
4.2
62.1

153.9
56.6
26.2
64.5
4.2
60.3

155.1
58.7
25.8
63.9
4.1
59.8

157.7
60.9
25.7
64.2
4.3
60.0

157.3
61.9
25.3
65.4
4.4
61.0

157.5
62.3
25.7
65.6
4.0
61.6

161.1
63.1
26.4
66.4
4.4
62.0

163.7
63.2
26.8
67.1
4.5
62.6

165.9
64.1
26.7
67.3
4.7
62.6

168.0
64.9
27.2
68.0
5.1
62.9

13

320.0

322.9

326.4

331.9

334.1

337.5

341.5

343.5

344.2

346.8

349.2

351.6

354.0

358.8

360.5

363.9

368.4

371.3

376.1

382.8

14
15
16
17
18
19

110.1
43.8
18.0
25.8
27.2
138.9

111.6
44.7
18.6
26.1
27.3
139.4

113.3
45.4
18.7
26.7
27.6
140.0

115.0
46.7
19.8
26.9
28.0
142.1

116.0
46.4
19.0
27.4
28.3
143.5

117.3
47.2
19.3
27.9
28.3
144.7

118.8
48.1
19.9
28.2
28.5
146.0

120.6
48.1
19.5
28.6
28.7
146.1

122.1
47.0
18.6
28.4
28.9
146.2

123.5
47.6
19.6
28.0
28.9
146.8

125.0
47.7
19.9
27.8
28.7
147.7

126.2
48.3
20.3
28.0
28.5
148.7

126.7
48.3
20.0
28.3
28.9
150.2

127.3
50.2
21.1
29.1
29.7
151.6

128.6
50.7
21.1
29.5
30.0
151.3

130.4
50.2
20.3
29.9
29.9
153.4

131.8
50.5
20.5
29.9
30.4
155.7

133.5
51.0
20.5
30.5
30.8
156.1

135.9
52.3
21.2
31.1
30.8
157.2

138.2
54.1
22.7
31.4
31.2
159.3

Table 2.4.—Personal Consumption Expenditures by Type of Expenditure: Annually, 1929-76
[Millions of dollars]
Line
Personal consumption expenditures.
Food and tobacco
Food purchased for off-premise
consumption (n.d.).
Purchased meals and beverages 1 (n.d.).
Food furnished employees (including military) (n.d.).
Food produced and consumed on
farms (n.d.).
Tobacco products (n.d.)

1929

1930

1931

1932

1933

1934

1935

1936

1937

1938

1939

1940

1941

1942

1943

1944

1

77,251

69,916

60,482

48,591

45,811

51,344

55,764

61,996

66,621

64,032

66,968

70,979

80,765

88,592

99,407

108,151

2

21,239

19,426

16,230

12,687

12,763

15,584

17,624

19,976

21,592

20,554

20,916

22,032

25,438

30,695

35,835

39,303

3

14,777

13,500

10,833

8,203

8,626

10,757

12,150

13,929

14,792

14,082

14,163

14,891

16,954

20,108

22,271

24,085

4

2,911

2,788

2,541

2,102

1,816

2,248

2,610

2,985

3,528

3,392

3,633

3,888

4,611

5,670

7,138

8,129

5

257

245

198

160

155

185

214

236

271

247

254

278

470

933

1,677

2,398

6

1,599

1,443

1,169

900

933

1,027

1,216

1,291

1,328

1,136

1,099

1,105

1,323

1,647

2,134

2,055

1,695

1,450

1,489

1,322

1,233

1,367

1,434

1,535

1,673

1,697

1,767

1,870

2,080

2,337

2,615

2,636

Addenda: Food excluding alco- 8
holic beverages (n.d.).
Alcoholic
beverages 9
purchased
for
off-premise
consumption (n.d.).
Other alcoholic bever- 10
ages (n.d.).

19,544

17,976

14,741

11,365

10,865

12,217

13,635

15,266

16,454

15,587

15,729

16,562

19,173

23,278

27,380

29,892

0

0

0

0

172

1,454

1,946

2,464

2,578

2,368

2,424

2,548

2,952

3,584

3,981

4,687

0

0

0

0

493

546

609

711

887

902

996

1,052

1,233

1,496

1,859

2,088

Clothing, accessories, and jewelry... 11
Shoes and other footwear (n.d.) .
Clothing and accessories except
footwear 2.
Women's and children's (n.d.). .
Men's and boys' (n.d.)
.
Standard clothing issued to military personnel (n.d).
Cleaning, storage, and repair of
clothing and shoes (s.).
Jewelry and watches (d.)...
Other 3 (s.)

7

11,193

9,713

8,217

6,042

5,438

6,562

7,010

7,661

8,092

7,991

8,406

8,852

10,509

13,061

15,993

17,466

12
13

1,675
7,682

1,375
6,659

1,207
5,713

1,022
4,022

887
3,731

1,072
4,585

1,031
4,982

1,145
5,403

1,279
5,546

1,257
5,495

1,226
5,893

1,265
6,153

1,446
7,132

1,793
8,537

1,872
10,486

1,958
11,647

14
15
16

4,662
3,020
12

4,100
2,559
11

3,528
2,185
9

2,446
1,576
10

2,254
1,477
11

2,801
1,784
7

3,080
1,902
9

3,226
2,177
12

3,277
2,269
13

3,337
2,158
14

3,607
2,286
16

3,766
2,387
32

4,348
2,784
219

5,341
3,196
657

6,940
3,546
1,031

7,838
3,809
1,041

17

1,112

1,019

858

662

580

629

680

756

828

817

823

887

1,031

1,190

1,462

1,588

18
19

560
152

513
136

328
102

252
74

172
57

198
71

233
75

265
80

333
93

323
85

355
93

409
106

550
131

722
162

935
207

1,004
228

20

1,116

1,039

979

817

660

760

802

864

961

951

1,004

1,036

1,162

1,354

1,616

1,834

Toilet articles and preparations 21
(n.d.).
Barbershops, beauty parlors, 22
baths, and health clubs (s.).

591

515

504

420

320

377

374

395

428

442

486

507

607

728

874

992

525

524

475

397

340

383

428

469

533

509

518

529

555

626

742

842

23

11,678

11,207

10,457

9,186

8,092

7,796

7,906

8,224

8,755

9,167

9,380

9,696

10,426

11,225

11,763

12,336

24

5,868

5,552

5,101

4,416

3,844

3,643

3,646

3,759

3,950

4,104

4,179

4,310

4,706

5,192

5,588

6,060

25

4,542

4,454

4,280

3,858

3,415

3,277

3,323

3,490

3,763

4,003

4,132

4,298

4,580

4,827

4,837

4,816
955

Personal care..

Housing
Owner-occupied nonfarm dwellings—space rent 4 (s.).
Tenant-occupied nonfarm dwellings —rent 5 (s.).
Rental value of farm dwellings
(s.).
Other 6 (s.)
Household operation
Furniture, including mattresses
and bedsprings (d.).
Kitchen and other household appliances 7 (d.).
China, glassware, tableware,
and utensils (d.).
Other 8 durable house furnishings (d.).
Semidurable house furnishings 9
(n.d.).
Cleaning and polishing preparations,
and
miscellaneous
household supplies and paper
products (n.d.).
Stationery and writing supplies
(n.d.).
Household utilities
Electricity (s.)
Gas (s.)
Water and other sanitary
services (s.).
.
Fuel oil and coal (n.d.)
Telephone and telegraph (s.)
Domestic service (s.)
Other 10 (s.).....
Medical careDrug 11
preparations and sundries (n.d.).
Opthalmic products and orthopedic appliances (d.).
Physicians (s.)
Dentists (s.)
Other professional services 12
(s.).
Privately controlled hospitals
and sanitariums 13 (s.).
Health insurance
Medical care and hospitalization 14 (s.).
Income loss 15 (s.)
Workmen's
compensation 16
(s.).




26

913

865

775

664

614

640

683

693

733

745

741

744

767

821

879

27

355

336

301

248

219

236

254

282

309

315

328

344

373

385

459

505

28

10,657

9,518

8,368

6,744

6,426

7,158

7,677

8,749

9,442

8,795

9,547

10,392

11,838

12,645

13,075

14,008

29

1,192

930

790

505

459

510

661

842

916

821

942

1,052

1,311

1,276

1,233

1,305

30

699

611

514

313

371

471

559

667

769

647

704

802

1,054

736

265

156

31

628

442

429

406

364

404

407

456

515

472

475

510

623

658

612

643

32

1,148

937

783

562

472

573

617

827

885

800

908

991

1,214

1,266

1,369

1,398

33

717

570

497

374

391

449

478

591

639

568

681

749

913

1,119

1,330

1,481

34

485

471

419

328

332

386

403

449

488

485

508

544

607

704

756

776

35

143

133

103

71

69

87

101

112

131

129

149

162

191

230

287

353

36
37
38
39

3,044
616
542
278

3,058
660
560
296

2,844
674
556
296

2,615
662
537
278

2,561
645
495
269

2,729
671
494
301

2,792
697
503
311

2,979
726
516
326

3,042
766
528
331

2,971
810
523
327

3,128
849
538
343

3,391
910
573
359

3,582
965
575
368

3,875
1,017
623
384

4,079
1,045
648
391

4,242
1,125
667
407

40
41
42
43

1,608
569
1,716
316

1,542
577
1,483
306

1,318
554
1,146
289

1,138
482
835
253

1,152
436
732
239

1,263
443
850
256

1,281
472
911
276

1,411
511
1,016
299

1,417
542
1,187
328

1,311
542
1,023
337

1,398
576
1,129
347

1,549
615
1,218
358

1,674
695
1,237
411

1,851
825
1,477
479

1,995
973
1,598
573

2,043
1,077
1,887
690

44

2,944

2,839

2,548

2,120

1,974

2,160

2,284

2,491

2,675

2,690

2,849

3,022

3,306

3,750

4,209

4,723

45

604

568

517

449

427

468

474

509

558

578

612

635

725

848

1,014

1,072

46

131

133

117

93

92

124

131

140

165

157

172

186

227

258

307

333

47
48
49

959
482
250

924
463
233

819
408
201

661
312
154

617
276
138

678
295
145

731
302
151

820
331
165

854
350
168

833
356
163

866
386
167

913
419
173

957
459
179

1,048
505
196

1,092
539
206

1,321
573
245

50

410

408

394

379

354

365

402

420

457

469

493

531

563

664

772

864

51
52

108

110

92

72

70

85

93

106

123

134

153

165

196

231

279

315

53
54

Table 2.4.—Personal Consumption Expenditures by Type of Expenditure: Annually, 1929-76—Continued
[Millions of dollars]
Line
Personal business
Brokerage charges and investment counseling (s.).
Bank service charges, trust services, and safe deposit box
rental (s.).
Services furnished without payment by financial intermediaries except life insurance
carriers (s.).
Expense of handling life insurance 17 (s.).
Legal services (s.)
Funeral and burial expenses (s.).
Other 18 (s.)
Transportation
User-operated transportation
New autos (d.)
Net purchases of used autos
(d.).
Other motor vehicles (d.).
Tires, tubes, accessories, and
other parts (d.).
Repair, greasing, washing,
parking, storage, and rental
(s.).
Gasoline and oil (n.d.)
Bridge, tunnel, ferry, and
road tolls (s.).
Insurance
premiums
less
claims paid (s.).
Purchased local transportation....
Transit systems (s.)
Taxicab (s.)
Railway (commutation) (s.)
Purchased intercity transportaion.
Railway (excluding commutation) (s.).
Bus (s.)
Airline (s.)
Other 19 (s.)
Recreation
Books and maps (d.)
Magazines, newspapers, and
sheet music (n.d.).
Nondurable toys and sport supplies (n.d.).
Wheel goods, durable toys,
sports equipment, boats, and
pleasure aircraft (d.).
Radio and television receivers,
records, and musical instruments (d.).
Radio and television repair (s.)....
Flowers, seeds, and potted
plants (n.d.).
Admissions to specified spectator amusements.
Motion picture theaters (s.).
Legitimate
theaters
and
opera, and entertainments
of nonprofit institutions
(except athletic) (s.).
Spectator sports 20 (s.)
Clubs and fraternal organizations except insurance 21 (s.).
Commercial participant amusements 2 2 (s.).
Parimutuel net receipts (s.)
Other 23 (s.)
Private education and research..

1929

1932

1931

1930

1934

1933

1937

1936

1935

1941

1940

1939

1938

1944

1943

1942

55

3,984

3,556

3,167

2,730

2,697

2,683

2,907

3,088

3,298

3,141

3,187

3,211

3,382

3,453

3,728

3,920

56

756

495

318

224

340

195

213

263

243

173

158

131

114

90

187

189

57

76

79

80

78

79

92

104

116

126

130

135

142

151

159

176

196

58

1,104

993

873

727

622

616

656

700

744

694

691

677

733

758

708

758

59

874

901

884

853

846

875

974

981

1,025

1,001

1,014

1,029

1,040

1,025

1,074

1,106

60
61
62

402
607
165

397
547
144

410
480
122

348
415
85

334
387
89

359
417
129

371
440
149

383
485
160

402
508
250

392
484
267

407
499
283

423
515
294

450
554
340

475
577
369

493
643
447

541
678
452

63

7,721

6,225

5,058

4,011

4,022

4,653

5,352

6,224

6,613

5,700

6,456

7,238

8,573

5,529

5,539

5,848

64
65
66

6,069
2,557
31

4,740
1,614
28

3,802
1,117
27

2,965
611
24

3,070
754
25

3,641
998
26

4,288
1,481
27

5,049
1,892
29

5,384
1,955
33

4,520
1,194
34

5,219
1,641
38

5,967
2,148
69

7,166
2,552
154

3,581
127
288

2,859
136
274

3,045
50
272

67
68

109
648

78
523

55
433

30
314

35
280

57
346

71
368

93
402

96
433

67
398

91
484

95
530

135
673

0
303

0
366

0
449

69

776

624

509

385

392

445

457

520

543

517

596

647

772

594

558

695

70
71

1,814
40

1,749
43

1,540
45

1,476
43

1,466
42

1,640
43

1,743
42

1,945
44

2,143
44

2,145
41

2,181
46

2,273
50

2,649
58

2,090
43

1,339
31

1,384
35

72

94

81

76

82

76

86

99

124

137

124

142

155

173

136

155

160

73
74
75
76
77

1,117
820
220
77
535

1,053
772
208
73
432

921
705
152
64
335

786
624
109
53
260

720
578
96
46
232

761
605
111
45
251

790
626
119
45
274

845
674
127
44
330

871
684
145
42
358

842
660
141
41
338

878
684
153
41
359

907
714
153
40
364

978
760
177
41
429

1,294
980
261
53
654

1,646
1,237
353
56
1,034

1,726
1,299
370
57
1,077

78

413

333

247

170

154

169

173

210

232

209

216

214

234

364

664

677

79
80
81

52
3
67

53
2
44

50
2
36

48
3
39

46
3
29

44
4
34

62
6
33

74
8
38

80
8
38

89
•8
32

98
12
33

101
18
31

137
23
35

241
23
26

315
24
31

336
33
31

82

4,331

3,990

3,302

2,442

2,202

2,441

2,630

3,020

3,381

3,241

3,452

3,761

4,239

4,677

4,961

5,422

83
84

309
538

264
512

253
479

153
428

152
419

165
441

183
456

208
490

243
518

221
514

226
554

234
589

255
636

291
703

366
838

450
880

85

336

281

266

207

181

200

216

242

269

268

285

306

362

404

393

459

86

219

172

159

110

93

118

136

171

210

210

228

254

314

306

271

323

87

1,012

921

478

268

195

229

248

333

385

339

420

494

607

634

403

311

88
89

26
221

27
190

24
134

19
89

14
90

17
116

21
130

21
159

23
186

25
176

28
191

32
201

36
229

46
241

60
274

72
327

90

913

892

854

631

573

625

672

759

818

816

821

904

995

1,204

1,455

1,563

91
92

720
127

732
95

719
78

527
57

482
41

518
42

556
44

626
50

676
53

663
58

659
64

735
71

809
79

1,022
92

1,275
118

1,341
142

93
94

66
302

65
294

57
277

47
242

50
208

65
199

72
197

83
198

89
203

95
200

98
199

98
203

107
203

90
205

62
217

80
236

95

207

203

175

132

121

135

141

165

194

164

183

197

210

213

215

241

96
97

8
240

7
227

6
197

4
159

6
150

19
177

26
204

29
245

38
294

44
264

41
276

55
292

65
327

69
361

79
390

131
429

671

688

665

563

471

476

499

539

598

615

622

635

702

818

959

964

222
166

244
173

251
185

223
154

200
116

208
119

222
120

236
139

245
176

250
194

260
196

272
200

282
214

307
231

355
252

385
277

98

99
Higher education 2 4 (s.)
Elementary
and
secondary 100
schools 2 4 (s.).
Other 2 5 (s.)
101

283

271

229

186

155

149

157

164

177

171

166

163

206

280

352

302

Religious and welfare activities 2
(s.).

102

1,206

1,216

1,124

964

860

864

856

896

904

926

940

1,017

1,070

1,226

1,453

1,689

Foreign travel and other, net

103

511

499

367

285

206

207

217

264

310

261

209

87

120

159

276

638

Foreign travel by U.S. residents 104
(s.).
Expenditures abroad by U.S. 105
residents (n.d.).
Less: Expenditures in the 106
United States by foreigners
(s.).
Less: Personal remittances in 107
kind to foreigners (n.d.).

632

611

445

334

258

276

303

368

433

379

333

172

189

128

143

175

21

20

20

20

18

16

20

18

18

18

20

20

25

153

273

632

142

132

98

69

70

85

106

122

140

135

144

105

94

122

140

169

0

0

0

0

0

0

0

0

1

1

0

0

0

0

0

0




Table 2.4.—Personal Consumption Expenditures by Type of Expenditure: Annually, 1929-76—Continued
[Millions of dollars]
Line

1945

1946

1947

1948

1949

1950

1951

1952

1953

1954

1955

1956

1957

1958

1959

1960

1

119,493

143,808

161,742

174,749

178,135

191,966

207,066

217,093

229,665

235,842

253,666

266,008

280,409

289,461

310,773

324,907

2

43,520

50,721

56,089

58,186

56,593

58,120

64,893

68,357

69,460

70,341

72,236

75,210

79,242

82,363

85,662

87,982

3

26,159

32,663

37,901

39,588

38,577

39,796

44,091

46,487

47,478

48,883

50,485

52,700

55,775

58,406

60,371

61,562

4

9,503

10,895

10,861

11,029

10,848

11,092

12,467

13,093

13,350

13,363

13,848

14,528

15,171

15,321

16,324

17,214

5

2,753

1,349

1,023

1,021

1,000

1,076

1,632

1,769

1,650

1,478

1,292

1,198

1,218

1,244

1,206

1,209

6

2,234

2,461

2,560

2,539

2,059

1,905

2,168

2,098

1,887

1,678

1,563

1,481

1,391

1,410

1,215

1,134

7

2,871

3,353

3,744

4,009

4,109

4,251

4,535

4,910

5,095

4,939

5,048

5,303

5,687

5,982

6,546

6,863

Addenda: Food excluding alco- 8
holic beverages (n.d.).
9
Alcoholic bev<
purchased
for
off-premise
consumption (n.d.).
Other alcoholic bever- 10
ages (n.d.).

33,164

39,008

43,725

46,277

44,789

45,979

52,123

54,702

55,455

56,532

58,073

60,437

63,890

66,631

68,724

70,478

5,076

5,636

5,905

5,143

4,983

5,117

5,118

5,472

5,572

5,529

5,653

5,838

5,872

5,920

6,317

6,452

2,409

2,724

2,715

2,757

2,712

2,773

3,117

3,273

3,338

3,341

3,462

3,632

3,793

3,830

4,075

4,189

Clothing, accessories, and jewelry. 11

19,645

22,007

22,760

24,201

23,333

23,709

25,485

26,416

26,668

26,786

27,982

29,230

29,517

29,868

31,546

32,220

Shoes and other footwear (n.d.)...
Clothing and accessories except
footwear 2 .
Women's and children's (n.d.)..
Men's and boys' (n.d.)
.
Standard clothing issued to military personnel (n.d).
Cleaning, storage, and repair of
clothing and shoes (s.).
Jewelry and watches (d.)
Other 3 (s.)

12
13

2,263
13,109

2,781
15,063

2,955
15,575

3,097
16,812

3,124
15,992

3,347
16,028

3,346
17,451

3,288
18,390

3,306
18,587

3,324
18,676

3,623
19,415

3,781
20,294

3,819
20,440

4,075
20,520

4,322
21,759

4,479
22,185

14
15
16

8,796
4,313
1,087

9,711
5,352
364

9,945
5,630
229

10,899
5,913
191

10,191
5,801
212

10,000
6,028
272

10,843
6,608
414

11,608
6,782
256

11,912
6,675
161

11,965
6,711
79

12,444
6,971
52

12,967
7,327
61

13,152
7,288
59

13,356
7,164
58

14,161
7,598
51

14,443
7,742
"48

17

1,746

2,154

2,376

2,495

2,490

2,516

2,617

2,692

2,776

2,784

2,836

2,946

3,019

2,993

3,082

3,155

18
19

1,182
258

1,427
218

1,395
230

1,374
232

1,298
217

1,318
228

1,412
245

1,523
267

1,560
278

1,631
292

1,743
313

1,812
336

1,817
363

1,850
372

1,920
412

1,904
449

20

1,982

2,058

2,225

2,287

2,306

2,438

2,617

2,782

2,976

3,162

3,461

3,892

4,284

4,604

4,859

5,242

Toilet articles and preparations 21
(n.d.).
Barbershops, beauty parlors, 22
baths, and health clubs (s.).

1,087

1,081

1,217

1,257

1,257

1,354

1,482

1,576

1,683

1,729

1,915

2,156

2,372

2,590

2,654

2,938

895

977

1,008

1,030

1,049

1,084

1,135

1,206

1,293

1,433

1,546

1,736

1,912

2,014

2,205

2,304

23

12,779

14,197

16,006

17,909

19,649

21,711

24,311

26,967

29,841

32,222

34,339

36,669

39,282

41,953

44,989

48,117

24

6,496

7,356

8,456

9,731

10,968

12,391

14,089

15,901

17,899

19,724

21,407

23,233

25,036

26,953

29,047

31,273

25

4,670

4,918

5,290

5,895

6,505

7,058

7,745

8,406

9,194

9,756

10,094

10,514

11,151

11,822

12,532

13,279

26

1,052

1,303

1,447

1,505

1,408

1,464

1,607

1,736

1,765

1,711

1,741

1,734

1,787

1,861

2,031

2,098

27

561

620

813

778

768

798

870

924

983

1,031

1,097

1,188

1,308

1,317

1,379

1,467

28

15,486

19,936

23,688

26,065

25,639

29,086

31,028

31,305

32,733

33,336

36,890

39,307

40,716

41,822

44,466

46,127

29

1,548

2,232

2,534

2,766

2,683

3,070

3,191

3,409

3,601

3,671

4,210

4,434

4,323

4,315

4,612

4,586

30

329

1,632

2,867

3,134

2,833

3,579

3,526

3,482

3,645

3,698

4,074

4,316

4,289

4,110

4,376

4,246

31

800

1,256

1,341

1,442

1,391

1,498

1,593

1,557

1,614

1,628

1,732

1,790

1,726

1,697

1,741

1,739

32

1,519

2,185

2,444

2,742

2,679

3,121

3,468

3,155

3,108

2,904

3,313

3,574

3,730

3,713

4,026

4,083

33

1,545

2,039

2,135

2,354

2,332

2,647

2,824

2,615

2,550

2,390

2,537

2,612

2,612

2,521

2,656

2,727

34

722

924

1,523

1,639

1,623

1,768

1,972

1,901

2,111

2,268

2,480

2,651

2,922

3,098

3,453

3,742

Personal consumption expenditures.
Food and tobacco
Food purchased for off-premise
consumption (n.d.).
Purchased meals and beverages 1 (n.d.).
Food furnished employees (including military) (n.d.).
Food produced and consumed on
farms (n.d.).
Tobacco products (n.d.)

Personal care

Housing
Owner-occupied nonfarm dwellings—space rent 4 (s.).
Tenant-occupied nonfarm dwellings —rent 5 (s.).
Rental value of farm dwellings
(s.).
Other 6 (s.)
Household operation
Furniture, including mattresses
and bedsprings (d.).
Kitchen and other household appliances 7 (d.).
China, glassware, tableware,
and utensils (d.).
Other 8 durable house furnishings (d.).
Semidurable house furnishings 9
(n.d.).
Cleaning and polishing preparations,
and
miscellaneous
household supplies and paper
products (n.d.).
Stationery and writing supplies
(n.d.).
Household utilities
Electricity (s.)
Gas (s.)
Water and other sanitary
services (s.).
.
Fuel oil and coal (n.d.)
Telephone and telegraph (s.)
Domestic service (s.)
Other 1 0 (s.)
Medical care
Drug 1 1
preparations and sundries (n.d.).
Opthalmic products and orthopedic appliances (d.).
Physicians (s.)
,
Dentists (s.)
Other professional services 12
(s.).
Privately controlled hospitals
and sanitariums 13 (s.).
Health insurance
Medical4 care and hospitalization 1 (s.).
Income loss 18 (s.)
Workmen's compensation16
(s.).




35

410

423

437

467

494

513

563

615

673

698

756

806

868

938

1,050

1,101

36
37
38
39

4,507
1,194
705
419

5,023
1,328
754
457

5,780
1,473
865
492

6,600
1,668
963
523

6,520
1,879
1,038
548

7,293
2,138
1,185
596

7,876
2,395
1,345
640

8,272
2,652
1,469
712

8,707
2,932
1,589
770

9,328
3,213
1,800
824

10,180
3,496
2,027
906

10,913
3,802
2,259
965

11,588
4,097
2,403
1,030

12,267
4,381
2,685
1,048

12,852
4,714
2,928
1,187

13,496
5,061
3,269
1,344

40
41
42
43

2,189
1,189
2,142
775

2,484
1,288
2,120
814

2,950
1,376
2,348
903

3,446
1,569
2,363
989

3,055
1,731
2,356
997

3,374
1,942
2,572
1,083

3,496
2,170
2,661
1,184

3,439
2,421
2,614
1,264

3,416
2,683
2,690 1,351

3,491
2,789
2,570
1,392

3,751
3,061
3,051
1,496

3,887
3,341
3,266
1,604

4,058
3,648
3,322
1,688

4,153
3,892
3,503
1,768

4,023
4,184
3,553
1,963

3,822
4,515
3,797
2,095

44

5,063

6,205

7,221

8,185

8,449

9,104

9,843

10,638

11,624

12,501

13,206

14,334

15,698

17,000

18,600

20,002

45

1,138

1,271

1,313

1,466

1,555

1,719

1,979

2,058

2,137

2,163

2,362

2,661

2,981

3,195

3,502

3,855

46

349

396

400

431

454

486

546

580

604

595

592

655

674

663

778

758

47
48
49

1,370
620
266

1,806
772
338

2,118
785
393

2,440
910
450

2,463
920
453

2,568
962
472

2,687
1,003
491

2,849
1,110
518

3,053
1,247
556

3,351
1,428
609

3,457
1,528
625

3,773
1,645
680

4,104
1,766
744

4,574
1,876
832

4,961
1,928
979

5,184
2,002
1,105

50

946

1,200

1,449

1,653

1,786

2,030

2,236

2,473

2,713

2,939

3,197

3,501

3,856

4,311

4,783

5,307

51
52

374

422

763

835
256

818
249

867
300

901
307

1,050
389

1,314
486

1,416
577

1,445
614

1,419
609

1,573
670

1,549
620

1,669
699

1,791
793

272
307

282
287

302
265

304
290

315
346

420
408

445
394

442
389

404
406

473
430

510
419

536
434

531
467

53
54

Table 2.4.—Personal Consumption Expenditures by Type of Expenditure: Annually, 1929-76—Continued
[Millions of dollars]
Line

Brokerage charges and investment counseling (s.).
Bank service charges, trust services, and safe deposit box
rental (s.).
Services furnished without payment by financial intermediaries except life insurance
carriers (s.).
Expense of handling life insurance 17 (s.).
Legal services (s.)
Funeral and burial expenses (s.).
Other 18 (s.)

1947

1948

1949

1950

1951

1952

1953

1954

1955

1956

1957

1958

1959

1960

4,160

4,701

5,238

5,723

5,948

6,556

7,083

7,375

7,989

8,701

9,524

10,399

11,249

12,058

13,149

14,233

56

285

325

235

291

262

454

436

375

366

606

732

690

682

884

1,205

1,158

57

207

233

260

300

330

366

403

436

480

544

601

667

748

810

868

927

58

829

1,107

1,286

1,411

1,476

1,619

1,744

1,957

2,270

2,472

2,723

3,062

3,261

3,364

3,881

4,330

User-operated transportation
New autos (d.)
Net purchases of used autos
(d.).
Other motor vehicles (d.).
Tires, tubes, accessories, and
other parts (d.).
Repair, greasing, washing,
parking, storage, and rental
(s.).
Gasoline and oil (n.d.)
Bridge, tunnel, ferry, and
road tolls (s.).
Insurance
premiums
less
claims paid (s.).
Purchased local transportation....
Transit systems (s.)
Taxicab (s.)
Railway (commutation) (s.)
Purchased intercity transportaion.
Railway (excluding commutation) (s.).
Bus (s.)
Airline (s.)
Other 19 (s.)

59

1,090

1,178

1,417

1,538

1,598

1,755

1,911

1,963

2,105

2,212

2,428

2,795

3,039

3,210

3,129

3,546

60
61
62

590
714
445

609
736
513

668
822
550

765
848
570

836
879
567

874
896
592

942
971
676

975
1,006
663

1,023
1,046
699

1,103
1,040
724

1,192
1,100
748

1,223
1,152
810

1,378
1,257
884

1,531
1,328
931

1,705
1,373
988

1,755
1,457
1,060

63

Transportation

6,806

12,454

15,895

18,510

21,797

25,415

25,039

25,202

29,087

28,773

34,583

33,846

36,438

34,682

40,238

42,390

64
65
66

3,953
37
281

9,525
2,024
427

12,993
4,027
759

15,521
5,000
1,178

18,914
7,705
1,253

22,609
10,304
1,398

22,079
8,613
1,519

22,142
7,965
1,295

25,995
11,099
882

25,809
10,840
456

31,598
13,817
1,896

30,760
11,553
1,983

33,284
12,588
2,129

31,620
9,726
2,488

37,018
13,178
2,711

39,057
14,017
2,568

67
68

0
652

288
1,391

395
1,385

474
1,315

397
1,216

471
1,545

530
1,507

423
1,633

417
1,461

394
1,317

541
1,581

576
1,733

558
1,972

485
2,120

600
2,381

606
2,485

69

957

1,704

1,961

2,194

2,373

2,509

2,820

2,932

3,258

3,304

3,619

3,918

4,225

4,387

4,747

5,065

70
71

1,809
42

3,366
65

4,015
70

4,789
78

5,317
87

5,522
97

6,122
111

6,756
137

7,426
151

7,823
161

8,595
171

9,392
196

10,177
225

10,558
250

11,257
294

11,977
310

72

175

260

381

493

566

763

857

1,001

1,301

1,514

1,378

1,409

1,410

1,606

1,850

2,029

1,908
1,334
511
63
1,021

1,927
1,328
532
67
975

1,951
1,407
465
79
932

1,934
1,368
487
79
872

1,965
1,371
511
83
995

1,990
1,382
519
89
1,070

2,008
1,385
530
93
1,084

1,938
1,333
509
96
1,026

1,933
1,292
540
101
1,052

1,971
1,285
579
107
1,115

1,987
1,255
616
116
1,167

1,917
1,219
574
124
1,145

1,984
1,256
603
125
1,236

2,026
1,295
609
122
1,307

73
74
75
76
77

1,746
1,316
372
58
1,107

1,989
1,405
508
76
1,000

Private education and research

676

567

534

548

466

394

447

465

442

394

378

385

373

338

316

306

79
80
81

339
55
37

338
82
34

315
91
35

317
101
34

319
116
31

309
141
28

332
188
28

351
226
28

346
266
30

305
298
29

295
349
30

304
394
32

317
445
32

296
479
32

296
589
35

290
676
35

6,139

8,539

9,249

9,692

10,010

11,147

11,564

12,102

12,720

13,077

14,078

14,979

15,333

15,793

17,074

17,855

83
84

520
965

589
1,099

531
1,243

584
1,374

627
1,454

674
1,495

776
1,573

788
1,689

830
1,776

806
1,825

867
1,869

951
1,880

983
1,973

1,022
2,061

1,088
2,117

1,139
2,164

85

553

840

907

1,076

1,170

1,394

1,662

1,708

1,694

1,624

1,803

1,951

2,047

2,115

2,364

2,477

86

400

793

955

965

836

869

897

989

1,090

1,174

1,386

1,573

1,720

1,845

2,006

1,976

87

344

1,116

1,398

1,450

1,675

2,421

2,236

2,349

2,588

2,726

2,869

2,938

2,825

2,812

3,021

3,003

88
89

88
378

115
416

140
442

174
440

202
451

283
457

353
495

393
526

434
545

482
540

516
546

573
554

628
587

681
544

714
619

774
703

90

1,714

2,066

2,003

1,918

1,872

1,781

1,716

1,655

1,605

1,672

1,801

1,899

1,655

1,538

1,571

1,652

91
92

1,450
148

1,692
174

1,594
187

1,506
180

1,451
182

1,376
183

1,310
186

1,246
189

1,187
197

1,228
220

1,326
245

1,394
268

1,126
287

992
297

954
317

956
342

93
94

116
281

200
359

222
397

232
435

239
454

222
462

220
477

220
498

221
517

224
539

230
569

237
611

242
653

249
692

300
726

354
728

95

284

379

404

425

428

448

472

489

514

528

584

654

738

848

1,007

1,200

96
97

153
459

241
526

255
574

257
594

247
594

239
624

255
652

327
691

372
755

368
793

381
887

414
981

438
1,086

454
1,181

503
1,338

539
1,500

98

Books and maps (d.)
Magazines, newspapers, and
sheet music (n.d.).
Nondurable toys and sport supplies (n.d.).
Wheel goods, durable toys,
sports equipment, boats, and
pleasure aircraft (d.).
Radio and television receivers,
records, and musical instruments (d.).
Radio and television repair (s.) ....
Flowers, seeds, and potted
plants (n.d.).
Admissions to specified spectator amusements.
Motion picture theaters (s.)
Legitimate
theaters
and
opera, and entertainments
of nonprofit institutions
(except athletic) (s.).
Spectator sports 2 0 (s.)
Clubs and fraternal organizations except insurance 2 1 (s.).
Commercial participant amusements 2 2 (s.).
Parimutuel net receipts (s.)
Other 2 3 (s.)

78

82

Recreation

960

1,063

1,302

1,459

1,574

1,685

1,834

1,957

2,089

2,212

2,425

2,677

2,971

3,227

3,465

3,746

388
312

465
287

613
347

669
408

723
435

757
475

790
546

820
603

864
657

911
706

991
774

1,087
859

1,213
964

1,326
1,049

1,417
1,163

1,518
1,297

99
Higher education 2 4 (s.)
Elementary
and
secondary 100
schools 2 4 (s.).
101
Other 2 5 (s.)
26

Foreign travel and other, net
Foreign travel by U.S. residents
(s.).
Expenditures abroad by U.S.
residents (n.d.).
Less: Expenditures in the
United States by foreigners
(s.).
Less: Personal remittances in
kind to foreigners (n.d.).




1946

55

Personal business

Religious and welfare activities
(8.).

1945

260

311

342

382

416

453

498

534

568

595

660

731

794

852

885

931

102

1,761

1,981

2,041

2,216

2,212

2,340

2,512

2,860

3,002

3,222

3,323

3,757

3,941

4,236

4,706

4,872

103

1,192

-54

28

316

625

655

857

1,132

1,476

1,509

1,619

1,708

1,738

1,855

2,019

2,121

104

267

450

597

727

850

920

924

1,044

1,174

1,263

1,456

1,624

1,738

1,900

2,111

2,313

105

1,158

128

188

252

381

346

607

832

1,127

1,079

1,073

1,111

1,120

1,108

1,068

1,053

106

203

360

418

399

451

481

568

637

703

735

830

920

997

1,046

1,051

1,110

107

30

272

339

264

155

130

106

107

122

98

80

107

123

107

109

135

Table 2.4.—Personal Consumption Expenditures by Type of Expenditure: Annually, 1929-76—Continued
[Millions of dollars]
1976

Line
Personal consumption expenditures.

1961

1962

1963

1964

1965

1966

1967

1968

1969

1970

1971

1972

1973

1974

1975

1

334,997

355,219

374,581

400,497

430,378

465,118

490,262

536,883

581,781

621,721

672,242

737,054

811,964

888,111

976,449 1,084,271

2

90,373

92,684

95,332

100,273

106,968

115,111

118,531

128,097

137,290

149,662

155,516

167,124

185,283

207,679

228,450

247,047

3

62,798

63,841

65,163

68,960

73,912

80,031

82,041

88,463

95,106

103,488

107,336

114,626

126,868

143,225

156,662

167,447

4

18,111

19,345

20,446

21,579

22,705

23,994

24,914

27,550

29,636

32,598

34,152

37,496

42,047

46,638

52,734

58,525

5

1,281

1,339

1,350

1,374

1,485

1,769

1,944

1,973

2,053

2,065

1,988

2,010

2,132

2,622

2,996

3,350

6

1,049

944

879

801

780

794

710

694

707

725

708

805

1,064

1,236

1,211

1,262

7

7,134

7,215

7,494

7,559

8,086

8,523

8,922

9,417

9,788

10,786

11,332

12,187

13,172

13,958

14,847

16,463

Addenda: Food excluding alco- 8
holic beverages (n.d.).
Alcoholic beverages 9
purchased
for
off-premise
consumption (n.d.).
Other alcoholic bever- 10
ages (n.d.).

72,364

73,916

75,768

80,156

85,777

92,607

94,957

102,626

110,121

119,642

123,391

132,432

147,892

167,487

185,220

200,448

6,525

6,959

7,242

7,574

7,895

8,428

8,791

9,800

10,944

12,257

13,714

14,818

15,739

17,165

18,466

19,423

4,350

4,594

4,828

4,984

5,210

5,553

5,861

6,254

6,437

6,977

7,079

7,687

8,480

9,069

9,917

10,713

Clothing, accessories, and jewelry.. 11

32,904

34,416

35,402

38,276

40,305

44,091

46,149

50,681

54,361

55,780

59,802

65,123

72,019

76,024

81,579

88,566

12
13

4,537
22,794

4,738
23,902

4,791
24,654

5,154
26,722

5,316
28,084

5,866
30,558

6,177
31,843

6,886
35,056

7,609
37,687

7,600
39,031

7,974
42,554

8,693
46,648

9,793
51,547

9,997
54,752

10,670
58,817

11,606
63,589

14
15
16

14,859
7,935
55

15,673
8,229
69

16,233
8,421
64

17,537
9,185
64

18,363
9,721
76

19,884
10,674
164

20,481
11,362
192

22,561
12,495
204

24,199
13,488
174

25,182
13,849
161

27,663
14,891
118

30,064
16,584
70

33,257
18,290
79

35,491
19,261
81

38,206
20,611
88

41,471
22,118
85

17

3,169

3,230

3,273

3,421

3,585

3,728

3,845

4,027

4,176

4,195

4,057

4,196

4,144

4,182

4,296

4,454

18
19

1,876
473

2,017
460

2,132
488

2,382
533

2,639
605

3,114
661

3,354
738

3,699
809

3,874
841

3,943
850

4,238
861

4,586
930

5,382
1,074

5,873
1,139

6,398
1,310

7,345
1,487

20

5,783

6,351

6,657

7,106

7,617

8,455

9,082

9,861

10,316

11,016

11,280

12,021

12,929

13,824

14,672

15,618

Toilet articles and preparations 21
(n.d.).
Barbershops, beauty parlors, 22
baths, and health clubs (s.).

3,254

3,595

3,830

4,128

4,504

4,992

5,375

5,835

6,218

6,617

6,902

7,407

8,107

8,849

9,531

10,232

2,529

2,756

2,827

2,978

3,113

3,463

3,707

4,026

4,098

4,399

4,378

4,614

4,822

4,975

5,141

5,386

Food and tobacco
Food purchased for off-premise
consumption (n.d.).
Purchased meals and beverages 1 (n.d.).
Food furnished employees (including military) (n.d.).
Food produced and consumed on
farms (n.d.).
Tobacco products (n.d.)

Shoes and other footwear (n.d.)....
Clothing and accessories except
footwear 2.
Women's and children's (n.d.)..
Men's and boys' (n.d.)
Standard clothing issued to military personnel (n.d).
Cleaning, storage, and repair of
clothing and shoes (s.).
Jewelry and watches (d.)
Other 3 (s.)
Personal care

23

Owner-occupied nonfarm dwellings—space rent 4 (s.).
Tenant-occupied nonfarm dwellings —rent 5 (s.).
Rental value of farm dwellings
(s.).
Other 6 (s.)
Household operation
Furniture, including mattresses
and bedsprings (d.).
Kitchen and other household appliances 7 (d.).
China, glassware, tableware,
and utensils (d.).
Other 8 durable house furnishings (d.).
Semidurable house furnishings 9
(n.d.).
Cleaning and polishing preparations,
and
miscellaneous
household supplies and paper
products (n.d.).
Stationery and writing supplies
(n.d.).
Household utilities
Electricity (s.)
Gas (s.)
Water and other sanitary
services (s.).
Fuel oil and coal (n.d.)
Telephone and telegraph (s.)
Domestic service (s.)
Other 10 (s.)

51,160

54,726

57,971

61,394

65,469

69,522

74,144

79,788

86,972

93,910

102,654

112,500

123,786

137,354

149,776

166,466

24

33,285

35,714

37,787

39,991

42,668

45,338

48,329

51,883

56,627

61,300

67,344

74,098

81,677

91,124

99,535

111,060

25

14,150

15,115

16,045

17,034

18,156

19,238

20,390

22,168

24,042

25,962

28,395

30,791

33,716

36,754

39,534

43,435

26

2,202

2,258

2,360

2,443

2,481

2,599

2,747

2,838

3,046

3,019

3,226

3,474

3,913

4,687

5,420

5,973

27

1,523

1,639

1,779

1,926

2,164

2,347

2,678

2,899

3,257

3,629

3,689

4,137

4,480

4,789

5,287

5,998

28

Housing

47,624

50,376

53,398

57,678

61,322

66,468

70,164

75,557

80,386

84,079

89,306

98,541

109,919

121,345

132,870

148,312

29

4,597

4,925

5,309

5,937

6,295

6,804

7,032

7,666

8,206

8,332

8,946

10,154

11,302

11,805

11,904

12,852

30

4,237

4,274

4,457

4,810

4,831

5,264

5,449

6,127

6,703

7,146

7,824

8,863

9,885

10,471

10,876

11,999

31

1,756

1,859

1,900

2,125

2,371

2,738

2,947

3,254

3,418

3,471

3,640

3,978

4,487

4,849

5,215

5,795

32

4,189

4,513

4,958

5,661

6,116

6,714

7,074

7,744

7,889

7,765

7,990

8,829

10,095

11,128

11,545

12,807

33

2,870

3,116

3,223

3,555

3,818

4,194

4,408

4,765

4,785

4,788

4,860

5,185

5,725

6,063

6,348

6,892

34

4,165

4,561

4,869

5,285

5,719

6,328

6,660

7,133

7,589

8,156

8,348

8,918

9,951

11,265

12,360

13,236

35

1,082

1,168

1,259

1,363

1,452

1,735

1,757

1,949

2,267

2,341

2,185

2,424

2,664

2,859

3,100

3,337

36
37
38
39

13,997
5,327
3,504
1,436

14,758
5,678
3,764
1,579

15,639
5,950
3,922
1,772

16,395
6,294
4,112
1,874

17,289
6,607
4,272
2,001

18,258
7,043
4,462
2,102

19,185
7,527
4,679
2,178

20,120
8,183
4,894
2,361

21,399
8,938
5,242
2,682

22,907
9,842
5,599
3,068

24,985
10,944
6,059
3,449

27,681
12,220
6,555
3,883

31,000
13,756
6,739
4,302

36,529
16,403
7,643
4,781

42,721
19,878
9,282
5,323

48,616
21,940
10,973
5,879

40
41
42
43

3,730
4,827
3,734
2,170

3,737
5,110
3,807
2,285

3,995
5,524
3,831
2,429

4,115
5,951
3,916
2,680

4,409
6,488
3,969
2,974

4,651
7,007
4,021
3,405

4.801
7,668
4,182
3.802

4,682
8,338
4,377
4,084

4,537
9,277
4,439
4,414

4,398
10,088
4,499
4,586

4,533
11,042
4,552
4,934

5,023
12,436
4,631
5,442

6,203
14,093
4,800
5,917

7,702
15,423
4,560
6,393

8,238
17,534
4,581
6,686

9,824
19,526
5,359
7,893

44

21,328

23,383

25,174

28,183

30,053

32,554

35,091

38,872

44,858

50,415

55,769

62,200

69,148

77,266

87,632

98,418

sun- >45

4,188

4,488

4,682

4,813

4,996

5,238

5,499

6,105

6,747

7,533

8,011

8,692

9,341

10,174

10,954

11,929

46

767

935

986

1,063

1,156

1,292

1,210

1,407

1,626

1,859

1,882

2,148

2,401

2,629

2,967

3,195

47
48
49

5,365
2,085
1,226

5,929
2,226
1,442

6,366
2,258
1,641

7,572
2,626
1,874

7,968
2,784
2,071

8,483
2,920
2,288

9,361
3,249
1,801

10,067
3,494
1,729

11,522
4,109
1,583

13,063
4,640
1,630

14,386
4,882
1,695

15,740
5,347
1,771

17,451
6,285
1,914

19,394
6,920
2,045

22,502
7,857
2,395

25,279
8,940
2,937

50

5,706

6,190

7,020

7,803

8,419

9,358

10,733

12,349

15,071

17,622

20,519

22,787

25,374

29,669

34,736

40,383

2,432
1,174

2,659
1,266

2,975
1,354

3,238
1,414

3,721
1,638

4,200
1,890

4,068
1,800

4,394
2,117

5,715
3,220

6,382
3,542

6,435
3,565

6,221
2,843

5,755
2,357

623
635

687
706

792
829

860
964

986
1,097

1,181
1,129

1,125
1,143

1,345
932

1,555
940

1,701
1,139

1,734
1,136

2,189
1,189

2,193
1,205

Medical care
Drug preparations and
dries 11 (n.d.).
Opthalmic products and orthopedic appliances (d.).
Physicians (s.)
Dentists (s.)
Other professional services 12
(s.).
Privately controlled hospitals
and sanitariums 13 (s.).
Health insurance
Medical care and hospitalization 14 (s.).
Income loss 15 (s.)
Workmen's compensation16
(s.).




51
52

1,991
924

2,173
1,032

2,221
1,069

53
54

579
488

606
535

580
572

Table 2.4.—Personal Consumption Expenditures by Type of Expenditure: Annually, 1929-76—Continued
[Millions of dollars]
1961

1962

1963

1964

1965

1966

1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

. 55

15,175

15,600

16,896

18,049

19,714

21,870

23,999

26,734

29,309

31,635

34,280

37,121

40,446

45,426

52,211

55,560

56

1,658

1,541

1,801

1,964

2,201

2,631

2,986

3,484

3,097

2,301

3,145

3,307

2,613

2,370

3,273

3,870

57

970

1,017

1,050

1,161

1,287

1,430

1,585

1,718

1,881

2,028

2,188

2,313

2,484

2,682

2,881

3,156

58

4,298

4,334

4,793

5,025

5,567

6,565

7,321

8,310

9,790

11,502

11,804

13,144

14,964

17,809

21,309

21,971

59

3,687

3,883

4,097

4,492

4,869

4,904

5,406

5,943

6,513

6,811

7,441

7,717

8,562

9,606

11,092

11,444

60
61
62

1,993
1,489
1,080

2,108
1,578
1,139

2,308
1,669
1,178

2,444
1,697
1,266

2,657
1,761
1,372

3,000
1,848
1,492

3,163
1,908
1,630

3,337
2,090
1,852

3,690
2,183
2,155

4,372
2,284
2,337

4,849
2,397
2,456

5,350
2,532
2,758

6,221
2,618
2,984

6,941
2,723
3,295

7,277
2,805
3,574

8,084
3,100
3,935

Line
Personal business...

Brokerage charges and investment counseling (s.).
Bank service charges, trust services, and safe deposit box
rental (s.).
Services furnished without payment by financial intermediaries except life insurance
carriers (s.).
Expense of handling life insurance 17 (s.).
Legal services (s.)
Funeral and burial expenses (s.)..,.
.
Other 18 (s.)

. 63

Transportation..

41,010

45,832

49,525

52,374

58,426

61,330

63,341

72,564

78,842

80,634

94,421

105,382

114,576

117,924

129,367

155,189

64
65
66

37,640
12,084
2,669

42,292
15,015
2,957

45,963
17,229
3,306

48,625
18,277
3,531

54,461
21,354
3,940

57,081
21,029
4,067

58,680
20,021
4,470

67,380
24,511
4,789

72,920
25,105
5,184

74,268
21,945
5,320

87,506
28,196
5,900

97,792
31,617
6,622

106,443
33,911
7,332

108,762
26,973
7,790

119,663
29,278
8,946

144,103
38,076
11,898

67
68

516
2,567

733
2,823

889
3,010

1,025
3,233

1,284
3,444

1,540
3,756

1,637
3,989

2,410
4,598

2,977
5,384

2,883
6,065

4,195
7,108

6,202
7,970

6,926
8,939

6,026
9,639

7,061
10,528

10,853
11,745

69

5,360

5,701

6,100

6,492

6,901

7,393

8,004

8,836

9,892

11,232

12,653

13,779

14,657

15,885

18,781

21,266

70
71

11,981
330

12,567
356

12,920
379

13,530
421

14,696
463

15,962
495

17,014
517

18,635
566

20,731
609

22,419
652

23,888
702

25,432
763

28,635
803

36,608
782

40,390
817

43,973
861

72

2,133

2,140

2,130

2,116

2,379

2,839

3,028

3,035

3,038

3,752

4,864

5,407

5,240

5,059

3,862

5,431

73
74
75
76
77

1,992
1,295
570
127
1,378

2,032
1,317
588
127
1,508

2,040
1,315
595
130
1,522

2,042
1,313
595
134
1,707

2,061
1,313
612
136
1,904

2,121
1,343
638
140
2,128

2,236
1,399
692
145
2,425

2,439
1,430
856
153
2,745

2,708
1,533
1,013
162
3,214

2,988
1,636
1,180
172
3,378

3,260
1,681
1,403
176
3,655

3,440
1,690
1,573
177
4,150

3,460
1,724
1,556
180
4,673

3,683
1,848
1,635
200
5,479

3,990
1,905
1,879
206
5,714

4,375
2,074
2,077
224
6,711

User-operated transportation
New autos (d.)
Net purchases of used autos
(d.).
Other motor vehicles (d.)
Tires, tubes, accessories, and
other parts (d.).
Repair, greasing, washing,
parking, storage, and rental
(s.).
.
Gasoline and oil (n.d.)
Bridge, tunnel, ferry, and
road tolls (s.).
Insurance
premiums
le)
claims paid (s.).
Purchased local transportation
Transit systems (s.)
Taxicab (s.)
Railway (commutation) (s.)
Purchased intercity transportation.
Railway (excluding commutation) (s.).
Bus (s.)
Airline (s.)
Other 19 (s.)

78

291

284

264

280

284

297

270

239

228

214

184

214

241

316

308

342

79
80
81

288
760
39

298
882
44

290
924
44

335
1,044
48

375
1,191
54

429
1,329
73

466
1,582
107

486
1,892
128

492
2,337
157

532
2,450
182

575
2,694
202

585
3,108
243

610
3,533
289

691
4,137
335

677
4,375
354

681
5,271
417

82

Recreation..
Books and maps (d.)
Magazines, newspapers, and
sheet music (n.d.).
Nondurable toys and sport supplies (n.d.).
Wheel goods, durable toys,
sports equipment, boats, and
pleasure aircraft (d ).
Radio and television receivers,
records, and musical instruments (d.).
Radio and television repair (s.)...
Flowers, seeds, and potted
plants (n.d.).
Admissions to specified spectator amusements.
Motion picture theaters (s.)
Legitimate
theaters
and
opera, and entertainments
of nonprofit institutions
(except athletic) (s.).
Spectator sports 2 0 (s.)
Clubs and fraternal organizations except insurance 21 (s.).
Commercial participant amusements 2 2 (s.).
Parimutuel net receipts (s.)
Other 2 3 (s.)
Private education and research-

18,573

20,042

21,654

23,698

25,907

29,794

31,943

35,364

38,401

41,322

44,040

49,243

54,796

59,633

65,554

72,499

83
84

1,212
2,026

1,287
2,305

1,413
2,467

1,612
2,498

1,648
2,662

1,840
3,130

1,847
3,207

2,006
3,365

2,296
3,613

2,903
4,005

2,955
4,323

2,921
4,659

3,093
4,999

3,303
5,383

3,775
5,640

3,866
6,054

85

2,663

2,889

3,113

3,375

3,585

4,039

4,272

4,766

5,214

5,474

5,796

6,534

7,296

7,887

8,523

9,342

86

1,944

2,015

2,180

2,520

2,888

3,620

4,085

4,730

5,165

5,146

5,573

7,294

8,281

8,705

9,734

10,769

87

3,160

3,349

3,662

4,259

5,041

6,207

6,952

7,519

7,897

8,436

8,802

9,924

11,308

12,326

13,970

15,631

88
89

825
713

862
840

904
991

930
1,072

933
1,272

946
1,429

999
1,480

1,120
1,636

1,213
1,727

1,279
1,775

1,420
1,905

1,609
2,129

1,782
2,349

1,937
2,731

2,246
2,965

2,415
3,442

90

1,685

1,757

1,820

1,922

2,123

2,310

2,404

2,756

2,975

3,210

3,408

3,446

3,546

3,765

3,591

4,076

91
92

955
327

945
350

942
356

951
383

1,067
388

1,119
432

1,128
474

1,298
472

1,409
482

1,536
501

1,648
495

1,672
529

1,714
561

1,816
613

1,480
667

1,742
777

93
94

403
757

462
771

522
808

588
841

668
859

759
930

802
959

986
1,058

1,084
1,141

1,173
1,216

1,265
1,261

1,245
1,327

1,271
1,406

1,336
1,519

1,444
1,654

1,557
1,746

95

1,366

1,499

1,595

1,677

1,695

1,786

1,900

1,958

2,054

2,189

2,300

2,531

2,828

3,220

3,615

4,027

96
97

569
1,653

650
1,818

694
2,007

769
2,223

814
2,387

848
2,709

881
2,957

947
3,503

1,035
4,071

1,096
4,593

1,195
5,102

1,263
5,606

1,421
6,487

1,499
7,358

1,568
8,273

1,669
9,462

98

4,000

4,317

4,661

5,073

5,684

6,447

7,109

8,043

8,980

9,877

10,640

11,651

12,748

14,110

15,816

17,162

1,657
1,459

1,788
1,607

1,920
1,749

2,145
1,871

2,540
2,003

2,873
2,168

3,085
2,322

3,424
2,531

3,833
2,791

4,269
3,106

4,664
3,371

5,111
3,717

5,516
4,184

6,028
4,874

6,532
5,490

7,103
5,792

2,823

3,048

3,208

3,794

4,267

10,911

11,526

12,688

13,892

15,414

99
Higher education 2 4 (s.)
Elementary
and
secondary 100
schools 2 4 (s.).
101
Other 2 5 (s.)

884

922

992

1,057

1,141

1,406

1,702

2,088

2,356

2,502

2,605

102

5,020

5,150

5,394

5,825

6,055

6,344

6,921

7,638

8,022

8,877

9,756

103

2,047

2,342

2,517

2,568

2,858

3,132

3,788

3,684

4,044

4,514

4,778

5,237

4,788

4,838

4,630

4,020

Foreign travel by U.S. residents 104
(s.).
Expenditures abroad by U.S. 105
residents (n.d.).
Less: Expenditures in the 106
United States by foreigners
(s.).
Less: Personal remittances in 107
kind to foreigners (n.d.).

2,340

2,583

2,840

2,988

3,346

3,606

4,249

4,200

4,717

5,414

5,853

6,832

7,328

8,136

8,774

9,401

Religious and welfare activities
(s.).
Foreign travel and other, net

26

985

1,022

1,013

1,130

1,243

1,461

1,611

1,730

1,871

2,029

2,095

1,930

1,691

1,621

1,506

1,396

1,149

1,146

1,204

1,403

1,560

1,765

1,840

2,012

2,327

2,663

2,941

3,295

3,954

4,627

5,372

6,508

129

117

132

147

171

170

232

234

217

266

229

230

277

292

278

269

1
Consists of purchases (including tips) of meals and beverages from retail, service, and amusement establishments, hotels, dining and buffet cars, schools, school fraternities, institutions, clubs,
and 2
industrial lunchrooms.
Includes luggage.
3
Consists of watch, clock, and iewelry repairs, costume and dress suit rental, and miscellaneous personal services related to clothing.
4
Consists of rent for space and for heating and plumbing facilities, water heaters, lighting fixtures, kitchen cabinets, linoleum, storm windows and doors, window screens, and screen doors, but
excludes rent for appliances, furniture, fuel, and electricity.
6
Consists of space rent (see footnote 4) and rent for appliances, furnishings, and furniture.
8
Consists of
other group housing.
7
for FRASERof transient hotels, motels, clubs, schools, anddishwashers, laundry equipment, stoves, air conditioners, sewing machines, vacuum cleaners, and other appliances.
Consists
refrigerators and freezers, cooking ranges,

Digitized


8
Includes such house furnishings as floor coverings, comforters, quilts, blankets, pillows, picture frames, mirrors, art products, portable lamps, and clocks. Also includes writing equipment and
hand, power, and garden tools.
9
Consists largely of textile house furnishings including piece goods allocated to house furnishing use. Also includes lamp shades, brooms, and brushes.
10
Consists of maintenance services for appliances and house furnishings, moving and warehouse expenses, postage and express charges, premiums for fire and theft insurance on personal
property less claims paid, and miscellaneous household operation services.
11
Excludes drug preparations and related products dispensed by physicians, hospitals, and other medical services.
12
Consists of osteopathic physicians, chiropractors, private duty nurses, chiropodists, podiatrists, and others providing health and allied services, not elsewhere classified.
13
Consists of current expenditures (including capital consumption allowances with capital consumption adjustment) of nonprofit hospitals, sanitariums, and nursing homes, and payments by
patients to proprietary hospitals, sanitariums, and nursing homes.
14
Consists of (1) premiums, less benefits and dividends, for health, hospitalization, and accidental death and dismemberment insurance provided by commercial insurance carriers; and (2)
administrative expenses (including capital consumption allowances with capital consumption adjustment) of Blue Cross and Blue Shield plans and of other independent prepaid and self—insured
health plans.
15
Consists of premiums, less benefits and dividends, for income loss insurance.
16
Consists of premiums, less benefits and dividends, for privately administered workmen's compensation.
17
Consists of operating expenses of life insurance carriers and non—insured pension plans, and premiums less benefits and dividends of fraternal benefit societies. Excludes expenses allocated
by commercial carriers to accident and health insurance.
18
Consists of current expenditures (including capital consumption allowances with capital consumption adjustment) of trade unions and professional associations, employment agency fees,
money order fees, spending for classified advertisements, and other personal business services.
19
Consists of baggage charges, coastal and inland waterway fares, travel agents' fees, and airport bus fares.
20
Consists of admissions to professional and amateur athletic events, and to racetracks including horse, dog, and auto.
21
Consists of dues and fees excluding insurance premiums.
22
Consists of billiard parlors; bowling alleys; dancing, riding, shooting, skating, and swimming places; amusement devices and parks; golf courses; sightseeing buses and guides; private flying
operations; and other commercial participant amusements.
23
Consists of net receipts of lotteries and expenditures for purchases of pets and pet care services, cable TV, film processing, photographic studios, sporting and recreation camps, and
recreational sevices, not elsewhere classified.
24
Equals current expenditures (including capital consumption allowances with capital consumption adjustment) less receipts, such as those from meals, rooms, and entertainments, accounted
for separately in consumer expenditures, and less expenditures for research and development financed under contracts or grants.
25
Consists of fees paid to commercial, business, trade, and correspondence schools, and for educational services, not elsewhere classified, and current expenditures (including capital
consumption allowances with capital consumption adjustment) by research organizations and foundations for education and research.
26
Equals current expenditures (including capital consumption allowances with capital consumption adjustment) of religious, social welfare, foreign relief, and political organizations, museums,
libraries, and foundations. The expenditures are net of receipts, such as those from meals, rooms, and entertainments, accounted for separately in consumer expenditures, and excludes relief
payments within the United States and expenditures by foundations for education and research.
NOTE—Consumer durable goods are designated (d.), nondurable goods (n.d.), and services (s.).




Table 2.5.—Personal Consumption Expenditures by Type of Product in Constant Dollars: Annually, 1929-76
[Billions of 1972 dollars]
Line

1929

1930

1931

1932

1933

1934

1935

1936

1937

1938

1939

1940

1941

1942

1943

1944

1

215.1

199.5

191.8

173.9

170.5

176.9

187.7

206.2

213.8

208.8

219.8

229.9

243.6

241.1

248.2

255.2

2

20.9

16.6

14.3

10.9

10.7

12.1

15.0

18.6

19.5

15.7

18.6

21.2

24.2

15.7

14.0

13.0

Motor vehicles and parts
3
New autos (65)
4
Net purchases of used autos 5

9.1
5.7
2.2

6.6
3.7
1.9

5.0
2.7
1.4

3.2
1.6
1.0

3.8
2.1
1.1

4.7
2.7
1.2

6.6
4.0
1.7

8.3
5.1
2.3

8.6
5.1
2.4

5.7
3.0
1.8

7.5
4.2
2.2

9.1
5.5
2.3

10.1
6.1
2.4

3.3
.3
2.5

3.0
.3
2.2

2.8
.1
2.0

Other motor vehicles (67)
6
Tires, tubes, accessories, and 7
other parts (68).

.2
1.0

.2
.8

.1
.8

.1
.6

.1
.6

.2
.7

.2
.7

.2
.8

.3
.8

.2
.7

.2
.9

.2
1.0

.3
1.3

.0
.5

.0
.6

.0
.7

Furniture and household equip- 8
ment.
Furniture, including mattress- 9
es and bedsprings (29).
Kitchen and other household 10
appliances (30).
China, glassware, tableware, 11
and utensils (31).
Radio and television receivers, 12
records, and musical instruments (87).
Other durable house furnish- 13
ings (32).

9.5

7.9

7.5

6.3

5.7

6.0

6.8

8.4

8.7

7.9

8.9

9.7

11.3

9.6

7.6

6.7

3.5

2.8

2.7

2.2

1.9

1.9

2.6

3.1

3.1

2.9

3.4

3.7

4.2

3.4

2.8

2.5

.8

.7

.6

.4

.6

.7

.8

1.0

1.1

.9

1.0

1.2

1.5

.9

.3

.2

2.0

1.5

1.6

1.6

1.5

1.5

1.3

1.6

1.8

1.6

1.7

1.8

2.1

2.0

1.6

1.5

.5

.6

.4

.3

.3

.3

.3

.4

.5

.4

.6

.7

.8

.7

.4

.3

2.7

2.3

2.2

1.8

1.5

1.6

1.7

2.3

2.2

2.1

2.3

2.4

2.7

2.5

2.5

2.2

14
15

2.4
.3

2.1
.3

1.8
.2

1.3
.2

1.2
.2

1.4
.3

1.6
.3

1.8
.3

2.2
.4

2.1
.3

2.2
.4

2.4
.4

2.7
.5

2.9
.5

3.4
.6

3.5
.7

16

.4

.3

.3

.2

.2

.2

.3

.4

.4

.4

.5

.5

.6

.5

.5

.5

17
18

.9
.8

.9
.7

.6
.7

.5
.5

.3
.5

.4
.5

.4
.6

.5
.7

.6
.8

.6
.7

.7
.7

.7
.7

.9
.8

.9
.9

1.2
1.0

1.1
1.2

Personal consumption expenditures.
Durable goods

(66).

Other
Ophthalmic products and orthopedic appliances (46).
Wheel goods, durable toys,
sports equipment, boats,
and pleasure aircraft (86).
Jewelry and watches (18)....
Books and maps (83)

19

Nondurable goods
Food
Food
purchased
for
off-premise consumption (3).
Purchased meals and beverages (4).
Food furnished employees (including military) and food
produced and consumed on
farms (5+6).

98.1

93.5

93.1

85.9

82.9

88.5

93.2

103.8

107.7

109.3

115.1

119.9

127.6

129.9

134.0

139.4

20
21

52.5
38.2

51.6
37.1

51.9
36.6

48.8
33.6

47.8
34.7

51.1
37.0

53.4
38.8

60.4
44.2

63.5
45.6

64.9
46.8

67.2
47.7

70.1
49.6

73.7
51.5

75.2
51.3

77.3
49.6

82.7
51.8

22

10.1

10.4

11.0

10.9

8.5

9.7

10.4

11.8

13.5

13.6

14.9

15.8

17.3

18.4

20.7

22.7

23

4.1

4.1

4.3

4.3

4.6

4.5

4.2

4.4

4.5

4.5

4.6

4.6

4.8

5.5

7.0

8.1

Addenda: Food excluding alco- 24
holic beverages (8).
Alcoholic beverages 25
purchased
for
off-premise consumption (9).
Other alcoholic bev- 26

52.5

51.6

51.9

48.8

45.9

45.9

46.7

51.9

54.3

56.2

58.2

60.8

63.5

64.4

66.0

71.1

.0

.0

.0

.0

.4

3.5

4.8

6.2

6.4

5.8

5.9

6.1

6.6

7.1

7.1

7.4

.0

.0

.0

.0

1.4

1.7

1.9

2.3

2.8

2.8

3.1

3.2

3.5

3.8

4.2

4.2

27
28
29

25.6
5.3
12.4

23.0
4.6
11.4

22.7
4.7
11.2

20.3
4.7
9.5

18.2
4.2
8.3

19.3
4.7
8.6

20.7
4.7
9.7

22.6
5.1
10.2

22.5
5.4
9.8

22.7
5.4
10.3

24.4
5.3
11.4

25.2
5.4
11.9

26.9
5.8
12.3

27.7
6.2
12.6

29.7
5.8
14.3

28.8
5.6
13.7

30

7.9

7.0

6.8

6.0

5.7

5.9

6.4

7.3

7.2

7.0

7.6

7.8

8.8

9.0

9.6

9.4

3 (10).

Clothing and shoes
Shoes and other footwear (12).. .
Women's and children's clothing and accessories (14).
Men s and boys' clothing and
' j (15+16).
Gasoline and oil (70)

31

3.3

3.3

3.4

3.2

3.2

3.4

3.6

3.9

4.2

4.3

4.6

4.8

5.4

4.1

2.6

2.7

Fuel oil and coal (40)

32

3.8

3.7

3.4

3.2

3.4

3.5

3.6

3.9

3.9

3.6

3.9

4.2

4.4

4.5

4.6

4.5

Other
Tobacco products (7)
Toilet articles and preparations (21).
Semidurable house furnishings (33).
Cleaning and polishing preparations, and miscellaneous
household
supplies
and
paper products (34).
Drug preparations and sundries (45).
Nondurable toys and sports
supplies (85).
Stationery and writing supplies (35).
Net foreign remittances (105
less 107).
Other (84+89)

33
34
35

12.9
4.8
1.0

11.8
4.4
.9

11.7
4.4
.9

10.4
3.9
.8

10.4
4.1
.6

11.2
4.4
.8

11.8
4.7
.8

13.0
5.1
.8

13.7
5.4
.9

13.8
5.4
.9

15.0
5.6
1.0

15.6
5.7
1.1

17.2
6.2
1.2

18.4
6.8
1.4

19.9
7.1
1.6

20.8
7.0
1.7

36

1.4

1.2

1.3

1.2

1.2

1.2

1.3

1.6

1.7

1.7

2.1

2.2

2.4

2.2

2.3

2.3

37

1.0

.9

.9

.8

.8

1.0

1.0

1.1

1.2

1.2

1.3

1.4

1.5

1.6

1.6

1.6

38

.8

.7

.7

.6

.6

.7

.7

.8

.9

.9

.9

1.0

1.1

1.3

1.5

1.6

39

.9

.7

.7

.6

.5

.6

.6

.7

.7

.7

.8

.8

1.0

.9

.9

.9

40

.4

.3

.3

.2

.3

.3

.4

.4

.4

.4

.5

.5

.6

.6

.7

.8

41

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.5

.7

1.5

42

2.6

2.5

2.3

2.1

2.1

2.2

2.2

2.5

2.5

2.5

2.8

2.9

3.2

3.2

3.4

3.5




Table 2.5.—Personal Consumption Expenditures by Type of Product in Constant Dollars: Annually, 1929-76—Continued
[Billions of 1972 dollars]
Line
Services..

1929

1930

1931

1932

1933

1934

1935

1936

1937

1938

1939

1940

1941

1942

1943

1944

43

96.1

89.5

84.4

77.1

76.9

76.3

79.5

83.9

86.6

83.7

86.1

88.8

91.8

95.5

100.2

102.8

Housing
Owner-occupied
nonfarm
dwellings —space rent (24).
Tenant-occupied
nonfarm
dwellings—rent (25).
Rental value of farm dwellings (26).
Other (27)

44
45

20.4
9.2

20.2
8.9

20.0
8.7

19.5
8.4

19.2
8.5

20.1
8.6

20.3
8.6

20.6
8.6

20.9
8.7

21.3
8.7

21.7
8.9

22.4
9.1

23.6
9.8

24.6
10.6

25.6
11.4

26.5
12.3

Household operation
Electricity (37)
Gas (38)
Water and other sanitary
services (39).
Telephone and telegraph (41)...
Domestic service (42)
Other (43)
Transportation
User-operated transportation
(69+71+72).
Purchased local transportation.
Transit systems (74)
Other (75+76)
Purchased intercity transportation.
Railway (excluding commutation) (78).
Bus (79)
Airline (80)
Other (81)
Other
Personal care
Cleaning,
storage,
and
repair of clothing and
shoes (17).
Barbershops, beauty parlors,
baths, and health clubs

46

7.1

7.2

7.3

7.3

6.9

7.7

7.8

8.0

8.3

8.5

8.8

9.1

9.5

9.8

9.9

9.8

47

3.3

3.3

3.3

3.2

3.2

3.1

3.1

3.1

3.1

3.1

3.1

3.2

3.2

3.2

3.2

3.1

48

.8

.8

.7

.6

.6

.7

.8

.9

.9

.9

.9

1.0

1.0

1.0

1.2

1.3

49
50
51
52

13.1
.6
.9
.9

12.7
.6
.9
1.0

11.8
.7
.9
1.0

10.5
.7
.9
1.0

10.0
.7
.8
1.0

11.0
.7
.9
1.1

11.5
.8
.9
1.1

12.2
.8
.9
1.2

12.9
.9
.9
1.2

12.3
1.0
.9
1.2

13.0
1.0
.9
1.2

13.7
1.1
1.0
1.3

13.5
1.2
1.0
1.3

14.1
1.3
1.1
1.4

13.2
1.3
1.1
1.4

13.3
1.4
1.2
1.4

53
54
55

1.0
9.0
.7

1.0
8.4
.7

1.0
7.5
.7

.8
6.4
.6

.8
6.1
.6

.8
6.9
.6

.8
7.2
.6

.9
7.7
.7

1.0
8.2
.7

1.0
7.4
.8

1.0
8.0
.8

1.1
8.4
.8

1.2
7.9
.9

1.4
8.0
1.0

1.6
6.7
1.1

1.7
6.4
1.2

56
57

8.6
2.3

7.8
2.1

7.1
1.9

6.4
1.7

6.2
1.9

6.5
2.0

6.6
2.0

7.3
2.3

7.6
2.5

7.3
2.3

7.8
2.6

8.3
2.9

9.2
3.3

10.1
2.4

12.3
2.2

13.3
2.6

58

5.5

5.1

4.7

4.2

3.9

4.0

4.1

4.3

4.3

4.2

4.3

4.5

4.8

6.2

7.8

8.4

59
60
61

4.3
1.2
.8

4.0
1.1
.7

3.6
1.0
.5

3.2
1.0
.5

3.0
.9
.5

3.1
.8
.5

3.2
.8
.6

3.5
.8
.7

3.5
.8
.9

3.4
.8
.8

3.5
.8
.9

3.6
.8
.9

3.9
.9
1.1

5.0
1.3
1.5

6.3
1.5
2.3

6.6
1.8
2.3

62

.6

.5

.4

.3

.3

.4

.4

.5

.5

.5

.5

.5

.6

.8

1.4

1.4

63
64
65

.1
.0
.1

.1
.0
.1

.1
.0
.1

.1
.0
.1

.1
.0
.1

.1
.0
.1

.1
.0
.1

.1
.0
.1

.2
.0
.1

.3
.0
.1

.3
.0
.1

.3
.0
.1

.4
.0
.1

.6
.0
.0

.8
.0
.1

* .8
.1
.1

66
67
68

54.0
5.7
3.0

48.8
5.4
2.8

45.5
4.7
2.4

40.7
4.0
1.9

41.5
3.6
1.7

38.7
4.0
1.9

41.2
4.4
2.1

43.7
4.9
2.3

45.1
5.2
2.5

42.9
4.9
2.4

43.6
5.0
2.5

44.4
5.3
2.7

45.5
5.7
3.0

46.6
6.0
3.2

49.1
6.7
3.8

49.6
6.8
3.9

69

2.1

2.1

2.0

1.8

1.6

1.8

2.0

2.2

2.3

2.1

2.2

2.2

2.2

2.3

2.3

2.3

70
71
72
73
74

.5
8.8
3.6
1.7
.9

.5
8.4
3.4
1.6
.9

.4
8.2
3.3
1.5
.8

.3
7.9
3.1
1.4
.7

.3
7.3
2.8
1.2
.6

.3
7.5
3.0
1.3
.6

.3
7.7
3.1
1.2
.6

.4
8.2
3.4
1.3
.7

.4
8.4
3.5
1.3
.7

.4
8.3
3.2
1.3
.6

.4
8.8
3.4
1.4
.7

.4
9.1
3.5
1.5
.7

.5
9.4
3.6
1.6
.7

.5
9.9
3.7
1.7
.7

.5
10.1
3.5
1.7
.7

.5
10.9
4.0
1.6
.7

(22).

Other (19)
Medical care
Physicians (47)
Dentists (48)
Other professional services
(49).
Privately controlled hospitals and sanitariums (50).
Health insurance (51)
Personal business
Brokerage charges and investment counselling (56).
Bank service charges, trust
services, and safe deposit
box rental (57).
Services furnished without
payment by financial intermediaries except life
insurance carriers (58).
Other (59+60+61+62)
Recreation
Admissions
to specified
spectator amusements (90).
Other (88 +94 + 95+96 +97)....
Private education and research.
Higher education (99)
Elementary and secondary
schools (100).
Other (101)
Religious and welfare activities (102).
Net foreign travel (104 less
106).




75

2.3

2.3

2.4

2.5

2.4

2.4

2.5

2.6

2.7

2.8

3.0

3.1

3.1

3.4

3.7

3.9

76
77
78

.3
25.9
13.4

.3
21.0
8.8

.3
18.7
6.3

.3
17.0
5.0

.2
19.6
7.9

.2
16.0
4.0

.2
17.6
4.7

.2
18.3
5.1

.3
18.5
4.8

.3
17.1
3.5

.3
17.1
3.0

.3
16.6
2.4

.4
16.4
2.0

.4
15.7
1.6

.5
16.1
2.4

.6
15.6
2.4

79

.5

.4

.4

.3

.3

.4

.4

.4

.4

.4

.4

.4

.4

.5

.5

.6

80

4.4

4.3

4.3

3.8

3.3

3.2

3.5

3.8

4.1

3.9

4.1

4.1

4.3

4.2

3.7

3.6

81
82
83

7.5
7.0
4.1

7.5
6.9
4.0

7.8
6.7
4.0

7.8
5.4
3.1

8.1
5.2
3.1

8.4
5.6
3.4

• 8.9
5.9
3.5

8.9
6.6
3.9

9.2
7.0
4.1

9.2
6.6
4.0

9.5
6.8
4.0

9.6
7.4
4.4

9.7
7.8
4.6

9.3
8.6
5.4

9.4
9.3
6.1

9.1
9.0
5.6

84
85

2.9
2.2

2.9
2.3

2.7
2.3

2.3
2.0

2.1
1.9

2.3
1.9

2.4
2.0

2.6
2.1

2.9
2.3

2.6
2.4

2.8
2.4

3.0
2.4

3.2
2.6

3.2
2.8

3.1
3.0

3.4
2.8

86
87

.7
.7

.8
.7

.9
.8

.8
.6

.8
.5

.8
.6

.9
.6

.9
.6

.9
.8

.9
.9

1.0
.9

1.0
.9

1.0
.9

1.1
.9

1.1
.9

1.2
.9

88
89

.8
3.6

.7
3.9

.7
3.9

.6
3.6

.5
3.3

.5
3.1

.5
3.1

.5
3.1

.6
3.0

.6
3.2

.5
3.2

.5
3.5

.6
3.5

.8
3.7

.9
4.2

.7
4.7

90

.9

.9

.8

.8

.5

.5

.5

.6

.7

.6

.3

.1

.2

.0

-.1

-.1

Table 2.5.—Personal Consumption Expenditures by Type of Product in Constant Dollars: Annually, 1929-76—Continued
[Billions of 1972 dollars]
Line
Personal consumption expenditures.
Durable goods

1945

1946

1947

1948

1949

1950

1951

1952

1953

1954

1955

1

270.9

301.0

305.8

312.2

319.3

337.3

341.6

350.1

363.4

370.0

394.1

1956

1957

1958

1959

1960

405.4

413.8

418.0

440.4

452.0

2

14.4

25.4

30.1

32.5

35.5

42.6

39.1

38.0

42.1

42.5

51.1

48.8

48.6

45.3

50.7

51.4

3
4
5

3.0
.1
1.9

7.6
3.7
1.4

11.1
6.5
2.0

12.7
7.3
2.8

16.2
10.3
3.7

20.7
13.7
4.3

17.9
11.0
4.4

16.5
9.3
4.7

19.8
12.9
4.6

19.8
12.4
5.3

25.8
17.5
5.7

22.3
13.9
5.6

22.7
14.3
5.4

19.6
10.6
5.8

23.3
13.8
5.9

24.4
14.9
5.7

6
7

.0
1.0

.5
2.1

.6
2.0

.7
1.8

.5
1.7

.6
2.1

.7
1.8

.5
2.0

.5
1.8

.5
1.6

.7
2.0

.7
2.1

.6
2.4

.5
2.6

.6
2.9

.6
3.1

Furniture and household equip- 8
ment.
Furniture, including mattress- 9
es and bedsprings (29).
Kitchen and other household 10
appliances (30).
China, glassware, tableware, 11
and utensils (31).
Radio and television receivers, 12
records, and musical instruments (87).
Other durable house furnish- 13
ings (32).

7.4

12.6

14.3

15.0

14.7

17.0

16.2

16.2

16.8

17.0

19.0

19.7

19.1

18.8

20.0

19.7

2.6

3.7

4.1

4.2

4.2

4.7

4.4

4.7

5.0

5.0

5.8

6.0

5.7

5.7

6.1

6.1

.3

1.6

2.6

2.7

2.5

3.2

2.9

2.9

3.1

3.2

3.6

4.0

4.0

4.0

4.2

4.2

1.8

2.9

3.0

3.2

3.0

3.1

3.0

2.9

2.9

2.9

3.0

2.9

2.6

2.5

2.6

2.5

.3

1.1

1.1

1.1

1.2

1.7

1.6

1.8

2.1

2.3

2.6

2.6

2.4

2.4

2.6

2.5

2.3

3.3

3.5

3.8

3.8

4.3

4.2

4.0

3.8

3.6

4.0

4.2

4.3

4.2

4.5

4.5

Other
Ophthalmic products and orthopedic appliances (46).
Wheel goods, durable toys,
sports equipment, boats,
and pleasure aircraft (86).
Jewelry and watches (18)
Books and maps (83)

14
15

4.0
.7

5.1
.8

4.8
.7

4.8
.8

4.6
.8

4.9
.8

5.1
.9

5.3
.9

5.5
1.0

5.7
1.0

6.3
1.0

6.7
1.0

6.9
1.0

7.0
1.0

7.4
1.2

7.3
1.1

16

.6

1.2

1.3

1.3

1.1

1.2

1.2

1.3

1.4

1.5

1.9

2.1

2.2

2.3

2.5

2.4

17
18

1.3
1.4

1.6
1.5

1.5
1.2

1.5
1.3

1.4
1.3

1.5
1.3

1.5
1.5

1.6
1.4

1.7
1.4

1.8
1.4

2.0
1.5

2.0
1.6

2.1
1.5

2.1
1.5

2.2
1.6

2.2
1.6

Motor vehicles and parts
New autos (65)
Net purchases of used autos
(DO).
Other motor vehicles (67)
Tires, tubes, accessories, and
other parts (68).

19

150.3

158.9

154.8

155.0

157.4

161.8

165.3

171.2

175.7

177.0

185.4

191.6

194.9

196.8

205.0

208.2

Food
20
Food
purchased
for 21
off-premise consumption (3).
Purchased meals and bever- 22
ages (4).
Food furnished employees (in- 23
cluding military) and food
produced and consumed on
farms (5+6).

89.3
54.9

93.9
62.2

90.3
62.7

89.0
62.3

89.9
63.1

91.4
64.4

93.4
64.7

96.1
66.7

99.1
69.3

100.4
71.1

104.6
74.8

108.1
77.6

110.1
79.6

110.2
80.2

114.4
83.9

115.6
84.6

25.8

25.5

22.6

22.0

22.3

22.5

23.8

24.5

25.0

24.6

25.3

26.1

26.4

26.0

26.7

27.4

8.6

6.2

5.0

4.7

4.5

4.5

4.9

5.0

4.8

4.6

4.5

4.4

4.2

4.0

3.7

3.6

Addenda: Food excluding alco- 24
holic beverages (8).
Alcoholic beverages 25
purchased
for
off-premise consumption (9).
Other alcoholic bev- 26
erages (10).

76.7

80.3

76.7

76.3

77.3

78.2

80.0

82.9

85.5

87.0

90.8

93.9

95.9

96.0

99.7

100.9

7.9

8.4

8.6

7.6

7.4

7.8

7.5

7.5

7.7

7.5

7.7

7.9

7.8

7.8

8.3

8.3

4.8

5.2

5.0

5.2

5.2

5.4

5.9

5.7

5.9

5.8

6.0

6.3

6.4

6.4

6.4

6.4

27
28
29

29.9
6.2
13.8

30.9
6.9
14.5

29.4
6.3
14.1

29.7
6.1
14.5

29.8
6.3
14.4

30.7
6.6
14.4

30.3
5.9
14.6

31.8
5.9
16.0

32.1
6.0
16.4

32.0
5.8
16.4

33.6
6.3
17.2

34.5
6.2
17.7

34.2
6.1
17.9

34.6
6.4
18.1

36.3
6.6
19.1

36.6
6.6
19.4

30

9.9

9.5

9.0

9.0

9.2

9.7

9.8

10.0

9.7

9.7

10.1

10.5

10.2

10.0

10.7

10.7
14.2

Nondurable goods

Clothing and shoes
Shoes and other footwear (12)...
Women's and children's clothing and accessories (14).
Men s and boys' clothing and
accessories (15+16).
Gasoline and oil (70)

31

3.5

6.4

6.8

7.2

7.8

8.1

8.8

9.5

10.1

10.4

11.3

12.0

12.4

13.0

13.7

Fuel oil and coal (40)

32

4.8

5.2

5.5

5.5

4.8

5.2

5.2

5.0

4.9

4.9

5.3

5.3

5.2

5.4

5.2

5.0

Other
Tobacco products (7)
Toilet articles and preparations (21).
Semidurable house furnishings (33).
Cleaning and polishing preparations, and miscellaneous
household
supplies
and
paper products (34).
Drug preparations and sundries (45).
Nondurable toys and sports
supplies (85).
Stationery and writing supplies (35).
Net foreign remittances (105
less 107).
Other (84 + 89)

33
34
35

22.8
7.2
1.9

22.6
8.2
1.8

22.8
8.5
1.7

23.6
8.8
1.7

24.9
8.8
1-7

26.5
8.9
1.9

27.6
9.2
1.9

28.7
9.6
2.1

29.6
9.5
2.2

29.3
9.1
2.3

30.6
9.2
2.5

31.8
9.5
2.8

32.9
9.9
2.9

33.5
10.2
3.1

35.5
10.7
3.1

36.8
10.9
3.5

36

2.2

2.7

2.3

2.4

2.8

3.1

3.0

3.1

3.0

2.9

3.1

3.2

3.2

3.1

3.2

3.3

37

1.5

1.8

2.2

2.3

2.4

2.7

2.7

2.7

3.0

3.0

3.3

3.5

3.7

3.8

4.2

4.5




38

1.7

1.8

1.7

1.8

1.9

2.1

2.3

2.4

2.4

2.4

2.6

2.9

3.2

3.3

3.5

3.9

39

1.0

1.5

1.6

1.7

1.8

2.2

2.4

2.5

2.5

2.4

2.7

2.8

2.9

2.9

3.2

3.3

40

1.0

1.0

.9

.9

1.0

.9

.9

1.0

1.1

1.1

1.2

1.2

1.2

1.3

1.4

1.5

41

2.7

-.2

-.2

.0

.3

.3

.7

1.0

1.4

1.4

1.4

1.4

1.4

1.4

1.3

1.3

42

3.7

4.1

4.2

4.1

4.2

4.2

4.4

4.4

4.5

4.6

4.6

4.7

4.6

4.5

4.6

4.7

Table 2.5.—-Personal Consumption Expenditures by Type of Product in Constant Dollars: Annually, 1929-76—Continued
[Billions of 1972 dollars]
Line

1945

1946

1947

1948

1949

1950

1951

1952

1953

1954

1955

1956

1957

1958

1959

1960

43

106.3

116.7

120.9

124.7

126.5

132.9

137.2

140.9

145.6

150.5

157.6

165.0

170.3

175.9

184.8

192.4

44
45

27.1
13.2

29.3
14.8

31.9
16.5

33.6
17.8

35.7
19.2

38.1
21.0

40.8
22.9

43.4
24.8

45.7
26.5

47.9
28.2

50.3
30.2

52.8
32.2

55.4
34.1

57.9
36.0

60.9
38.3

64.0
40.6

46

9.5

9.9

10.3

10.8

11.4

11.9

12.6

13.1

13.6

14.0

14.3

14.6

15.2

15.8

16.5

17.2

47

3.1

3.1

3.2

3.3

3.4

3.6

3.7

3.8

3.9

4.0

4.0

4.1

4.1

4.1

4.1

4.1

48

1.4

1.5

1.9

1.7

1.6

1.6

1.6

1.7

1.7

1.7

1.8

1.9

2.0

2.0

2.0

2.1

Household operation
Electricity (37)
Gas (38)
Water and other sanitary
services (39).
Telephone and telegraph (41)....
Domestic service (42)
Other (43)

49
50
51
52

13.7
1.5
1.3
1.4

14.9
1.8
1.4
1.5

15.8
2.0
1.6
1.6

16.4
2.2
1.7
1.6

16.8
2.5
1.7
1.7

18.2
2.8
2.0
1.7

19.0
3.1
2.3
1.8

19.3
3.4
2.4
1.8

19.9
3.7
2.5
1.9

20.4
4.1
2.8
1.9

22.5
4.4
3.1
1.9

24.0
4.7
3.4
2.0

24.7
5.1
3.5
1.9

25.4
5.4
3.7
1.9

26.4
5.7
3.9
2.0

27.6
6.0
4.1
2.2

53
54
55

1.9
6.3
1.3

2.0
5.8
2.4

2.1
6.2
2.4

2.3
6.1
2.4

2.4
6.1
2.4

2.6
6.6
2.5

2.8
6.5
2.6

3.0
6.0
2.6

3.2
5.9
2.7

3.4
5.5
2.7

3.8
6.6
2.8

4.1
6.9
3.0

4.4
6.7
3.1

4.5
6.9
3.1

4.7
6.7
3.3

5.0
6.8
3.4

Transportation
User-operated transportation
(69 + 71 + 72).
Purchased local transportation.
Transit systems (74)
Other (75+76)
Purchased intercity transportation.
Railway (excluding commutation) (78).
Bus (79)
Airline (80)
Other (81)

56
57

14.1
3.4

16.4
5.7

16.3
6.3

16.2
6.6

15.4
7.0

15.1
7.5

15.5
8.1

15.3
8.2

15.6
8.6

15.1
8.8

15.4
9.2

16.2
10.1

16.4
10.3

15.9
10.3

16.5
10.8

17.0
11.3

58

8.3

8.6

8.1

7.7

6.8

6.1

5.6

5.4

5.1

4.7

4.4

4.3

4.2

3.9

3.9

3.9

59
60
61

6.7
1.6
2.4

6.6
2.0
2.2

6.3
1.9
1.9

5.9
1.8
1.8

5.3
1.5
1.6

4.7
1.4
1.5

4.2
1.4
1.7

4.0
1.4
1.8

3.7
1.4
1.8

3.3
1.4
1.7

3.1
1.3
1.8

2.9
1.4
1.9

2.8
1.4
1.9

2.5
1.4
1.7

2.5
1.3
1.8

2.5
1.3
1.8

62

1.4

1.1

.9

.9

.7

.6

.6

.7

.6

.6

.6

.6

.5

.4

.4

.4

63
64
65

.8
.1
.1

.8
.2
.1

.8
.2
.1

.8
.2
.1

.7
.2
.1

.7
.2
.0

.7
.3
.0

.7
.4
.0

.7
.4
.1

.6
.5
.0

.6
.6
.1

.6
.6
.1

.6
.7
.1

.5
.7
.1

.5
.9
.1

.5
.9
.1

66
67
68

51.4
7.2
4.2

56.1
7.8
4.9

56.9
7.7
5.0

58.6
7.7
5.0

58.6
7.5
4.8

61.5
7.5
4.8

61.9
7.4
4.6

62.9
7.5
4.7

64.3
7.6
4.7

67.1
7.8
4.7

69.4
8.0
4.7

72.0
8.2
4.7

73.8
8.3
4.6

76.6
8.2
4.5

81.0
8.5
4.5

83.8
8.5
4.4

69

2.4

2.4

2.3

2.3

2.3

2.4

2.3

2.4

2.5

2.7

2.8

3.0

3.2

3.2

3.4

3.5

70
71
72
73
74

.6
11.1
4.1
1.7
.8

.5
13.0
5.1
2.0
1.0

.4
14.2
5.7
1.9
1.1

.4
15.5
6.3
2.1
1.2

.4
16.0
6.3
2.0
1.2

.4
17.0
6.6
2.1
1.2

.4
17.8
6.7
2.1
1.2

.4
18.3
6.7
2.3
1.2

.4
19.2
6.9
2.4
1.3

.4
20.2
7.3
2.7
1.3

.5
20.7
7.2
2.8
1.3

.5
21.9
7.5
2.9
1.4

.5
23.0
7.8
3.1
1.4

.5
24.2
8.4
3.2
1.5

.6
25.6
8.8
3.2
1.7

.6
26.6
9.0
3.2
1.9

ServicesHousing
Owner-occupied
nonfarm
dwellings —space rent (24).
Tenant-occupied
nonfarm
dwellings—rent (25).
Rental value of farm dwellings (26).
Other (27)

Other
Personal care
Cleaning,
storage,
and
repair of clothing and
shoes (17).
Barbershops, beauty parlors,
baths, and health clubs
(22).

Other (19)
Medical care
Physicians (47)
Dentists (48)
Other professional services
(49).
Privately controlled hospitals and sanitariums (50).
Health insurance (51)
Personal business
Brokerage charges and investment counselling (56).
Bank service charges, trust
services, and safe deposit
box rental (57).
Services furnished without
payment by financial intermediaries except life
insurance carriers (58).
Other (59 + 60 + 61 + 62)
Recreation
Admissions
to specified
spectator amusements (90).
Other (88 + 94+95+96+97)...
Private education and research.
Higher education (99)
Elementary and secondary
schools (100).
Other (101)
Religious and welfare activities (102).
Net foreign travel (104 less
106).




75

3.9

4.3

4.3

4.5

4.8

5.2

5.3

5.6

6.0

6.3

6.6

7.0

7.5

8.0

8.6

9.2

76
77
78

.6
16.3
3.2

.7
16.8
2.9

1.3
17.0
2.2

1.4
17.5
2.3

1.6
17.2
2.0

1.9
18.8
3.2

2.4
18.8
2.8

2.4
18.3
2.3

2.6
18.7
2.2

2.6
19.8
2.8

2.8
20.5
2.8

3.1
20.6
2.3

3.2
21.2
2.2

3.1
22.0
2.5

3.2
23.5
3.4

3.3
24.1
2.9

79

.6

.6

.6

.6

.6

.7

.8

.8

.9

.9

1.0

1.0

1.0

1.0

1.1

1.1

80

3.7

4.7

5.0

5.1

5.0

5.1

5.3

5.4

5.7

6.0

6.3

6.3

6.4

6.5

7.1

7.5

81
82
83

8.8
9.5
5.9

8.7
10.9
6.7

9.2
10.3
6.2

9.4
9.9
5.8

9.6
9.6
5.6

9.8
9.5
5.3

10.0
9.3
5.0

9.8
9.2
4.8

9.9
9.0
4.4

10.1
8.9
4.4

10.5
9.3
4.5

10.9
9.8
4.6

11.5
9.3
3.8

12.0
9.1
3.4

11.9
9.6
3.3

12.6
10.0
3.3

84
85

3.6
2.7

4.2
2.8

4.1
3.1

4.0
3.3

4.0
3.5

4.2
3.6

4.3
3.7

4.4
3.9

4.5
4.1

4.6
4.3

4.8
4.6

5.1
4.8

5.4
5.1

5.7
5.4

6.2
5.6

6.7
6.0

86
87

1.1
1.0

1.2
.8

1.5
.9

1.6
.9

1.7
1.0

1.8
1.0

1.7
1.1

1.8
1.2

1.9
1.3

1.9
1.3

2.1
1.4

2.2
1.5

2.4
1.6

2.6
1.7

2.6
1.8

2.7
2.0

88
89

.6
4.7

.7
4.8

.7
4.3

.7
4.3

.8
4.3

.8
4.3

.9
4.3

.9
4.9

1.0
5.1

1.0
5.3

1.1
5.4

1.1
5.8

1.2
5.9

1.2
6.2

1.2
6.7

1.3
6.8

90

-.1

.0

.3

.5

.6

.6

.6

.7

.7

.8

.9

1.0

1.1

1.3

1.5

1.7

Table 2.5.—Personal Consumption Expenditures by Type of Product in Constant Dollars: Annually, 1929-76—Continued
[Billions of 1972 dollars]
Line
Personal consumption expenditures.

1961

1

461.4

1962
482.0

1963

1964

1965

1966

1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

500.5

528.0

557.5

585.7

602.7

634.4

657.9

672.1

696.8

737.1

768.5

763.6

780.2

823.7

2

49.3

54.7

59.7

64.8

72.6

78.4

79.5

88.3

91.8

89.1

98.2

111.1

121.3

112.3

112.7

126.6

3
4
5

22.1
12.8
5.3

25.7
16.0
5.2

28.7
18.5
5.4

30.2
19.7
5.3

34.8
23.5
5.7

35.4
23.6
5.6

34.7
22.2
5.9

40.3
26.5
6.0

41.9
26.7
6.2

38.2
22.7
6.2

45.5
28.0
6.2

52.4
31.6
6.6

56.5
33.9
6.8

47.0
25.5
6.7

47.5
25.4
6.6

57.3
31.1
7.5

6
7

.5
3.4

.8
3.7

1.0
3.8

1.1
4.1

1.4
4.2

1.7
4.5

1.8
4.7

2.6
5.2

3.2
5.9

3.0
6.3

4.2
7.2

6.2
8.0

6.9
8.9

5.7
9.1

6.1
9.3

8.9
9.8

Furniture and household equip- 8
ment.
Furniture, including mattress- 9
es and bedsprings (29).
Kitchen and other household 10
appliances (30).
China, glassware, tableware, 11
and utensils (31).
Radio and television receivers, 12
records, and musical instruments (87).
Other durable house furnish- 13
ings (32).

20.0

21.2

22.7

25.5

27.8

31.2

32.6

34.7

35.8

36.1

37.6

41.7

46.3

46.8

45.9

48.9

6.0

6.4

6.9

7.7

8.1

8.6

8.5

8.8

9.0

8.7

9.1

10.2

10.9

10.5

9.8

10.2

4.2

4.4

4.6

5.1

5.2

5.8

6.0

6.6

7.0

7.3

7.9

8.9

9.9

9.9

9.3

9.7

2.5

2.6

2.5

2.8

3.1

3.5

3.7

3.8

3.8

3.7

3.8

4.0

4.2

4.1

3.7

3.9

2.7

3.0

3.3

3.9

4.8

6.2

7.0

7.6

8.0

8.5

8.8

9.9

11.3

12.0

13.2

14.6

4.5

4.9

5.4

6.1

6.6

7.2

7.4

7.9

8.0

7.8

8.0

8.8

9.9

10.2

9.9

10.4

14
15

7.3
1.1

7.8
1.3

8.3
1.4

9.1
1.5

10.0
1.6

11.8
1.7

12.3
1.5

13.4
1.7

14.1
1.9

14.8
2.0

15.0
2.0

16.9
2.1

18.5
2.3

18.6
2.4

19.3
2.5

20.4
2.5

16

2.3

2.4

2.6

2.9

3.3

4.1

4.6

5.2

5.5

5.5

5.7

7.3

8.0

7.8

8.1

8.7

17
18

2.2
1.7

2.3
1.7

2.5
1.9

2.6
2.1

2.9
2.1

3.6
2.3

3.9
2.3

4.1
2.4

4.1
2.6

4.1
3.1

4.3
3.0

4.6
2.9

5.2
3.0

5.4
3.0

5.5
3.2

6.1
3.1

Durable goods
Motor vehicles and parts
New autos (65)
Net purchases of used autos
(66).
Other motor vehicles (67)
Tires, tubes, accessories, and
other parts (68).

Other
Ophthalmic products and orthopedic appliances (46).
Wheel goods, durable toys,
sports equipment, boats,
and pleasure aircraft (86).
Jewelry and watches (18)
Books and maps (83)
Nondurable goods
Food
Food
purchased
for
off-premise consumption (3).
Purchased meals and beverages (4).
Food furnished employees (including military) and food
produced and consumed on
farms (5+6).

19

211.9

218.5

223.0

233.3

244.0

255.5

259.5

270.5

277.3

283.7

288.7

300.6

308.0

303.3

308.2

322.5

20
21

117.4
85.6

119.2
86.3

120.7
87.0

125.4
90.6

130.9
95.0

134.6
98.0

136.7
100.7

142.4
104.9

145.6
107.6

150.0
111.3

151.2
112.9

154.9
114.6

153.6
111.0

152.7
109.6

156.9
112.3

164.7
118.4

22

28.3

29.5

30.5

31.6

32.6

33.1

32.6

34.2

34.8

35.7

35.4

37.5

39.9

39.9

41.5

43.0

23

3.5

3.4

3.3

3.2

3.2

3.4

3.5

3.3

3.2

3.1

2.9

2.8

2.8

3.1

3.2

3.3

Addenda: Food excluding alco- 24
holic beverages (8).
Alcoholic beverages 25
purchased
for
off-premise consumption (9).
Other alcoholic bev- 26
erages (10).

102.5

103.5

104.6

108.8

113.7

116.6

118.6

123.4

125.9

129.4

130.0

132.4

129.4

128.1

132.3

139.7

8.4

8.9

9.2

9.5

9.8

10.3

10.5

11.3

12.2

13.0

14.0

14.8

15.4

15.6

15.5

15.8

6.6

6.8

7.0

7.1

7.4

7.7

7.6

7.7

7.5

7.6

7.2

7.7

8.9

9.0

9.1

9.1

27
28
29

37.3
6.6
19.9

38.9
6.8
21.0

39.6
6.8
21.5

42.6
7.3
23.2

44.2
7.4
24.1

46.9
7.7
25.5

46.9
7.7
25.2

49.0
8.2
26.2

50.0
8.5
26.7

49.4
8.1
26.7

51.8
8.2
28.3

55.4
C7
30.1

59.3
9.4
32.2

58.7
9.1
32.3

60.9
9.2
34.0

63.8
9.7
35.8

30

10.8

11.2

11.3

12.1

12.7

13.7

14.1

14.6

14.8

14.6

15.2

16.7

17.7

17.3

17.7

18.3
26.8

Clothing and shoes
Shoes and other footwear (12)...
Women's and children's clothing and accessories (14).
Men s and boys' clothing and
accessories (15+16).
Gasoline and oil (70)

31

14.3

14.9

15.3

16.0

16.8

17.8

18.4

19.9

21.4

22.9

24.2

25.4

26.2

24.8

25.6

Fuel oil and coal (40)

32

4.7

4.7

4.9

5.2

5.5

5.6

5.6

5.3

5.0

4.7

4.6

5.0

5.4

4.2

4.2

4.6

Other
Tobacco products (7)
Toilet articles and preparations (21).
Semidurable house furnishings (33).
Cleaning and polishing preparations, and miscellaneous
household
supplies
and
paper products (34).
Drug preparations and sundries (45).
Nondurable toys and sports
supplies (85).
Stationery and writing supplies (35).
Net foreign remittances (105
less 107).
Other (84 + 89)

33
34
35

38.3
11.2
3.9

40.8
11.2
4.2

42.5
11.4
4.5

44.1
11.3
4.8

46.7
11.6
5.3

50.5
11.7
5.9

51.8
11.8
6.3

53.9
11.7
6.6

55.3
11.4
6.8

56.7
11.7
7.0

56.9
11.8
7.1

59.8
12.2
7.4

63.5
12.8
7.9

63.0
13.0
7.8

60.6
12.9
7.4

62.5
13.7
7.5




36

3.4

3.7

3.9

4.2

4.5

4.9

5.0

5.2

5.1

5.0

5.0

5.2

5.6

5.3

5.1

5.3

37

5.0

5.5

5.9

6.4

6.9

7.5

7.7

8.1

8.4

8.6

8.5

8.9

9.7

9.3

8.2

8.0

38

4.3

4.7

4.9

5.1

5.3

5.5

5.8

6.4

7.0

7.7

8.0

8.7

9.3

9.8

9.7

10.0

39

3.5

3.7

3.9

4.2

4.5

5.1

5.2

5.6

5.7

5.8

5.9

6.5

7.2

7.4

7.5

7.9

40

1.5

1.6

1.7

1.8

1.8

2.1

2.1

2.2

2.5

2.4

2.2

2.4

2.5

2.3

2.2

2.3

41

1.2

1.3

1.2

1.4

1.5

1.7

1.8

2.0

2.1

2.1

2.0

1.7

1.2

.9

.7

.6

42

4.4

5.0

5.2

5.0

5.4

6.1

6.1

6.1

6.2

6.4

6.4

6.8

7.2

7.3

6.9

7.2

Table 2.5.—Personal Consumption Expenditures by Type of Product in Constant Dollars: Annually, 1929-76—Continued
[Billions of 1972 dollars]
Line

1961

1962

1963

1964

1965

1966

1967

1968

1969

1970

1972

1971

1973

1974

1975

1976

43

200.2

208.8

217.8

229.8

240.9

251.8

263.7

275.6

288.8

299.3

309.9

325.3

339.2

348.0

359.3

374.7

44
Housing
Owner-occupied
nonfarm 45
dwellings —space rent (24).
Tenant-occupied
nonfarm 46
dwellings—rent (25).
Rental value of farm dwell- 47
ings (26).
Other (27)
48

67.0
42.7

70.7
45.3

74.0
47.4

77.4
49.7

81.6
52.5

85.3
55.0

89.1
57.6

93.5
60.4

98.4
63.8

102.0
66.4

106.4
69.7

112.5
74.1

118.2
78.2

124.2
83.1

128.3
86.3

134.9
91.4

18.2

19.2

20.1

21.2

22.3

23.3

24.3

25.8

27.1

28.1

29.4

30.8

32.3

33.5

34.3

35.7

3.3

3.3

3.2

3.1

2.1

2.3

2.5

2.6

2.9

3.1

3.4

3.5

3.7

3.9

3.8

4.1

4.3

4.3

4.5

4.7

49
50
51
52

28.4
6.3
4.3
2.3

29.8
6.7
4.7
2.5

30.9
7.1
4.9
2.7

32.4
7.5
5.1
2.8

33.9
7.9
5.3
2.9

35.7
8.5
5.4
3.0

37.5
8.9
5.7
3.0

39.0
9.6
5.9
3.1

41.0
10.3
6.2
3.3

42.3
11.0
6.3
3.5

43.1
11.5
6.4
3.6

45.2
12.2
6.6
3.9

47.4
13.0
6.4
4.1

47.6
13.1
6.5
4.3

49.9
14.0
6.6
4.4

52.0
14.6
6.7
4.3

53
54
55

5.4
6.6
3.5

5.7
6.5
3.7

6.1
6.4
3.7

6.6
6.3
4.0

7.3
6.1
4.3

8.1
5.9
4.8

8.7
5.9
5.2

9.5
5.6
5.2

10.4
5.3
5.3

11.2
5.0
5.3

11.7
4.8
5.2

12.4
4.6
5.4

13.7
4.5
5.7

14.4
3.9
5.5

15.9
3.6
5.4

17.1
3.7
5.6

56
57

17.1
11.6

17.7
12.2

18.3
12.8

19.2
13.5

19.9
14.0

21.0
14.9

22.2
15.8

23.4
16.6

24.6
17.3

25.2
18.1

26.1
18.9

27.5
19.9

28.5
20.5

28.8
20.4

29.6
21.5

30.8
22.2

58

3.6

3.6

3.5

3.4

3.3

3.3

3.2

3.3

3.5

3.4

3.4

3.4

3.4

3.5

3.5

3.6

2.1
1.1
3.2

2.0
1.3
3.5

2.0
1.4
3.8

1.8
1.5
3.8

1.8
1.7
3.8

1.7
1.8
4.2

1.7
1.7
4.5

1.9
1.6
4.9

1.8
1.7
4.6

1.8
1.8
5.0

Services..

Household operation
Electricity (37)
Gas (38)
Water and other sanitary
services (39).
Telephone and telegraph (41)....
Domestic service (42)
Other (43)
Transportation
User-operated transportation
(69 + 71 + 72).
Purchased local transportation.
Transit systems (74)
Other (75+76)
Purchased intercity transportation.
Railway (excluding commutation) (78).
Bus (79)
Airline (80)
Other (81)

4.1

4.0

4.0

3.9

3.9

3.8

3.8

3.8

A

3.7

3.7

3.6

3.5

59
60
61

2.4
1.2
1.8

2.4
1.2
2.0

2.3
1.2
2.1

2.3
1.1
2.3

2.2
1.1
2.5

2.2
1.1
2.8

62

.4

.3

.3

.4

.4

.4

.3

.3

.3

.2

.2

.2

.2

.3

.3

.3

.6
2.4
.2

.6
2.8
.2

.6
2.7
.2

.6
2.8
.2

.6
3.1
.2

.6
3.4
.3

.6
3.7
.3

.5
3.6
.3

.5
4.0
.3

63
64
65

.5
1.0
.1

.5
1.1
.1

.4
1.2
.1

.5
1.4
.1

.6
1.6
.1

.6
1.7
.1

.7
2.1
.1

66
Other
67
Personal care
Cleaning,
storage,
and 68
repair of clothing and
shoes (17).
Barbershops, beauty parlors, 69
baths, and health clubs

87.6
8.7
4.4

90.6
9.0
4.4

94.6
9.0
4.4

100.9
9.3
4.5

105.5
9.6
4.6

109.8
9.9
4.6

114.8
10.0
4.6

119.7
10.2
4.6

124.9
10.1
4.6

129.7
10.0
4.4

134.4
9.5
4.1

140.1
9.7
4.2

145.1
9.4
4.0

147.4
8.8
3.6

151.6
8.4
3.4

157.1
8.1
3.3

3.7

4.0

4.0

4.1

4.2

4.5

4.6

4.7

4.5

4.7

4.5

4.6

4.4

4.1

3.9

3.7

70
71
72
73
74

.6
27.5
9.1
3.3
2.1

.6
29.4
9.8
3.5
2.4

.7
31.3
10.2
3.4
2.6

.7
34.7
11.9
3.9
2.9

.8
36.0
12.1
4.0
3.1

.8
37.3
12.1
4.1
3.3

.9
38.0
12.5
4.3
2.4

.9
39.6
12.8
4.4
2.2

.9
43.0
13.6
4.8
1.9

.9
45.9
14.4
5.1
1.8

.9
48.6
14.8
5.1
1.8

.9
51.4
15.7
5.3
1.8

1.0
55.0
16.9
6.1
1.9

1.0
57.4
17.2
6.2
1.8

1.1
59.8
17.8
6.4
1.9

1.1
62.9
18.0
6.9
2.1

75

9.6

10.2

11.2

11.9

12.5

13.4

14.5

15.6

17.8

19.2

21.5

22.8

24.0

25.7

27.1

28.9

5.7
37.1
3.3

6.0
38.2
2.9

6.4
39.2
2.4

6.6
41.2
2.7

7.0
41.9
2.7

(22).

Other (19)
Medical care
Physicians (47)
Dentists (48)
Other professional services
(49).
Privately controlled hospitals and sanitariums (50).
Health insurance (51)
Personal business
Brokerage charges and investment counselling (56).
Bank service charges, trust
services, and safe deposit
box rental (57).
Services furnished without
payment by financial intermediaries except life
insurance carriers (58).
Other (59 + 60+61 + 62)
Recreation
Admissions
to
specified
spectator amusements (90).
Other (88+94 + 95+96+97)....
Private education and research.
Higher education (99)
Elementary and secondary
schools (100).
Other (101)
Religious and welfare activities (102).
Net foreign travel (104 less

76
77
78

3.4
25.9
4.0

3.6
25.6
3.1

3.8
26.5
3.1

4.1
27.9
3.4

4.3
29.7
4.1

4.4
31.0
4.5

4.3
33.0
5.4

4.8
34.4
5.2

5.0
35.0
4.3

5.4
35.2
3.2

5.4
36.5
3.6

79

1.1

1.2

1.2

1.3

1.4

1.6

1.7

1.8

1.9

2.0

2.1

2.3

2.5

2.7

2.6

2.7

80

7.7

7.9

8.3

8.8

9.1

9.5

10.0

10.7

11.5

12.2

12.6

13.1

13.8

14.6

16.1

16.7

81
82
83

13.0
10.4
3.2

13.4
10.9
3.2

14.0
11.3
3.1

14.4
11.6
3.1

15.1
11.9
3.2

15.5
12.4
3.3

16.0
12.7
3.2

16.7
13.4
3.4

17.3
14.1
3.5

17.7
14.6
3.5

18.2
15.1
3.5

18.4
15.8
3.4

19.1
16.9
3.4

19.4
17.6
3.4

19.8
17.9
3.0

20.0
19.1
3.3

84
85

7.2
6.3

7.7
6.6

8.1
7.0

8.5
7.4

8.7
8.1

9.2
8.8

9.5
9.3

10.0
10.0

10.6
10.6

11.1
10.9

11.6
11.2

12.3
11.7

13.5
11.9

14.2
11.7

14.9
12.1

15.8
12.2

86
87

2.9
2.2

3.0
2.3

3.1
2.5

3.4
2.7

3.8
2.8

4.1
2.9

4.2
3.0

4.4
3.2

4.6
3.4

4.8
3.4

4.9
3.5

5.1
3.7

5.2
3.8

5.3
3.9

5.3
3.9

5.4
3.9

88
89

1.2
7.0

1.3
7.1

1.3
7.3

1.4
7.9

1.5
8.0

1.7
8.2

2.0
8.7

2.4
9.3

2.6
9.2

2.7
9.8

2.7
10.2

2.8
10.9

2.9
10.9

2.6
10.4

2.8
10.4

3.0
10.8

90

1.7

2.0

2.2

2.1

2.2

2.2

3.1

2.7

2.9

3.4

3.3

3.5

2.8

2.3

1.9

1.9

106).

NOTE.—The figures in parentheses are the line numbers of the corresponding items in table 2.4.




Table 2.6.—Personal Income by Type of Income: Annually and Seasonally Adjusted Monthly Totals at Annual Rates, 1946-1976
[Billions of dollars]
Wage and salary disbursements
Commodity-producing
Year and month

Personal
income

All
industries

Total

Manufacturing

Distributive

Service

Government
and
government
enterprises

Other
labor
income

Proprietors' income Rental
income of
with inventory
persons
valuation and
with
Personal
capital consumption
capital
dividend
adjustments
consump- income
tion
Nonfarm adjustFarm
ment

Personal
interest
income

Personal Addendum:
Transfer contribuTotal
tions for
Paynonfarm
social
ments
income 1
insurance

177.6
190.1
209.0
206.4

112.0
123.1
135.5
134.8

46.0
54.2
61.1
57.8

36.5
42.5
47.1
44.6

31.0
35.2
37.5
37.7

14.3
16.1
17.9
18.5

20.7
17.5
19.0
20.8

2.0
2.4
2.7
2.9

14.9
15.1
17.6
12.8

21.8
20.8
23.3
23.6

5.5
5.3
5.7
6.1

5.6
6.3
7.0
7.2

6.6
7.6
8.1
8.7

11.3
11.7
11.3
12.5

2.0
2.1
2.2
2.2

155.9
171.9
188.2
190.4

1950
1951
1952
1953
1954

227.2
254.9
271.8
287.7
289.6

147.0
171.3
185.4
198.6
196.8

64.8
76.3
82.0
89.6
85.7

50.3
59.3
64.1
71.2
67.5

39.8
44.3
46.9
49.7
50.1

19.8
21.5
23.1
24.9
26.1

22.6
29.2
33.3
34.4
34.9

3.7
4.6
5.2
5.9
6.1

13.7
16.1
15.1
13.1
12.5

25.0
27.2
28.2
28.6
28.7

7.1
7.7
8.8
10.0
11.0

8.8
8.5
8.5
8.8
9.1

9.7
10.5
11.2
12.5
13.7

15.2
12.6
13.1
14.1
16.2

2.9
3.4
3.8
4.0
4.6

210.2
235.4
253.1
271.3
273.9

1955
195 6
1957
1958
1959

310.3
332.6
351.0
361.1
384.4

211.7
228.3
239.3
240.5
258.9

93.1
100.6
104.2
100.0
109.6

73.8
79.4
82.4
78.6
86.8

53.4
57.7
60.5
60.8
64.8

28.6
31.3
33.6
35.6
38.5

36.6
38.8
41.0
44.1
46.0

7.0
8.0
9.0
9.4
10.6

11.5
11.2
11.1
13.2
10.9

31.4
32.7
34.2
34.5
36.7

11.3
11.6
12.2
12.9
13.6

10.3
11.1
11.5
11.3
12.2

14.9
16.7
18.8
20.3
22.5

.17.5
18.7
21.6
25.9
27.0

5.2
5.8
6.7
6.9
7.9

295.5
318.0
336.6
344.4
369.8

1960
1961
1962
1963
1964

402.3
417.8
443.6
466.2
499.2

271.9
279.5
298.0
313.4
336.1

113.1
113.7
121.8
126.9
135.4

89.7
89.8
96.7
100.6
107.1

68.2
69.3
72.8
76.3
81.4

41.4
44.1
47.2
50.2
54.4

49.2
52.4
56.3
60.0
64.9

11.2
11.8
13.0
14.0
15.7

11.7
12.1
12.3
12.0
10.8

35.5
36.5
37.6
38.5
41.7

14.5
15.0
15.8
16.5
17.1

12.9
13.3
14.4
15.5
17.3

25.0
26.4
29.0
32.2
35.6

28.9
32.8
33.8
35.8
37.4

9.3
9.7
10.3
11.8
12.6

386.7
401.6
427.1
449.7
483.7

1965
1966
1967
1968
1969

540.7
588.2
630.0
690.6
754.7

362.0
398.4
427.0
469.6
515.7

146.0
161.0
168.3
183.4
199.6

115.5
128.0
134.1
145.8
157.5

87.2
94.4
100.9
110.0
120.8

58.9
64.7
71.3
79.6
89.7

69.9
78.3
86.4
96.6
105.5

17.8
19.9
21.7
25.2
28.5

13.1
14.1
12.6
12.7
14.6

43.8
46.4
48.6
51.3
52.5

18.0
18.7
19.7
19.5
19.6

19.1
19.4
20.2
21.9
22.4

39.7
44.4
48.3
53.4
61.1

40.4
44.7
52.6
59.8
66.7

13.3
17.8
20.6
22.9
26.2

522.6
568.9
611.9
672.1
733.9

1970
1971
1972
1973
1974

811.1
868.4
951.4
1,065.2
1,168.6

548.7
580.9
635.2
702.7
765.7

203.0
208.3
227.3
254.3
274.7

158.2
160.3
175.4
196.2
211.4

130.3
139.4
152.1
168.3
184.6

98.3
106.7
118.2
131.3
145.6

117.1
126.5
137.5
148.7
160.9

32.5
36.7
43.0
48.8
55.8

14.3
15.0
18.7
32.8
26.5

51.9
54.4
58.1
61.0
62.2

19.7
20.2
21.0
22.6
23.5

22.2
22.6
24.1
26.5
29.1

69.4
74.8
80.9
93.9
112.4

80.1
94.4
104.7
119.5
141.2

27.9
30.7
34.5
42.6
47.9

790.0
846.5
925.3
1.023.7
1.131.8

1975
197 6

1,265.0
1,391.2

806.4
889.9

275.0
307.3

211.0
237.4

195.6
216.6

159.7
177.4

176.1
188.7

64.5
75.9

24.6
19.1

65.4
75.0

23.0
23.5

29.9
36.5

123.2
132.5

178.3
194.3

50.4
55.5

1,229.1
1,359.3

1946
January
February
March
April
May
June
July
August
September
October
November
December

169.0
168.4
171.6
173.4
174.9
177.0
181.3
182.7
179.2
183.4
184.0
186.2

107.2
104.8
108.5
109.6
110.4
111.4
111.8
113.9
114.8
115.8
116.7
119.0

39.2
38.7
42.7
43.9
44.6
46.3
46.6
48.4
49.3
49.8
50.4
51.8

31.0
30.0
33.6
35.4
35.5
36.6
37.0
38.5
39.3
39.5
40.2
40.9

27.6
28.1
28.9
30.5
31.7
30.9
31.5
32.0
32.2
32.4
32.7
33.2

13.2
13.5
13.8
14.0
14.0
14.2
14.4
14.6
14.8
15.0
15.2
15.3

27.2
24.5
23.0
21.2
20.2
19.9
19.2
18.9
18.6
18.6
18.4
18.8

1.9
1.9
1.9
1.9
1.9
1.9
2.0
2.0
2.0
2.0
2.1
2.1

12.1
14.0
12.9
13.4
13.5
14.1
18.4
17.4
12.8
16.9
16.6
16.4

20.6
21.2
21.7
22.1
22.5
22.2
22.4
22.5
22.1
21.6
21.5
21.3

5.4
5.3
5.1
5.2
5.2
5.8
5.6
5.5
5.4
5.6
5.8
5.7

5.1
5.1
5.1
5.3
5.5
5.7
5.7
5.8
5.7
5.9
6.2
6.3

6.2
6.2
6.3
6.4
6.5
6.6
6.7
6.8
6.8
6.8
6.9
6.9

12.7
12.0
12.1
11.6
11.5
11.2
10.9
10.8
11.6
10.6
10.3
10.4

2.1
2.0
2.0
2.1
2.1
2.0
2.0
2.0
1.9
1.9
2.0
2.0

154.3
151.6
155.9
157.2
158.5
160.1
160.2
162.6
163.9
163.7
164.5
166.5

1947
January
February
March
April
May
June
July
August
September
October
November
December

187.1
186.8
186.5
183.8
184.2
187.0
187.3
187.9
202.7
194.8
195.5
197.9

119.2
119.4
120.2
119.9
121.5
123.0
122.0
123.2
124.8
126.3
127.8
129.2

52.0
52.2
52.7
52.8
53.6
53.8
53.5
54.1
55.2
56.0
56.8
58.0

40.9
41.2
41.6
41.8
42.0
42.1
41.8
42.0
43.1
43.6
44.2
45.2

33.5
33.8
34.1
33.5
34.2
35.2
35.4
35.6
36.3
36.6
36.9
37.2

15.5
15.6
15.7
16.0
16.1
16.4
16.3
16.2
16.4
16.3
16.5
16.5

18.2
17.8
17.8
17.5
17.6
17.5
16.8
17.3
17.0
17.5
17.6
17.5

2.2
2.3
2.3
2.3
2.3
2.3
2.4
2.4
2.5
2.5
2.5
2.6

16.8
17.2
16.1
13.8
12.9
13.6
14.2
14.2
16.0
15.8
15.0
16.0

21.1
20.8
20.6
20.6
20.5
20.5
20.4
20.3
20.7
20.8
21.1
21.6

5.6
5.5
5.3
5.1
4.9
5.2
5.1
5.1
5.2
5.2
5.4
5.6

6.1
6.0
6.0
6.3
6.3
6.5
6.6
6.6
6.6
6.5
6.8
6.3

7.4
7.4
7.5
7.5
7.5
7.6
7.6
7.6
7.6
7.6
7.7
7.7

10.8
10.4
10.6
10.6
10.3
10.5
11.1
10.6
21.4
12.1
11.1
11.2

2.1
2.2
2.2
2.3
2.1
2.1
2.1
2.1
2.0
2.1
1.9
2.1

167.2
166.6
167.4
166.9
168.0
170.3
170.1
170.7
183.7
175.9
177.4
178.7

1948
January
February
March
April
May
June
July
August
September
October
November
December

201.2
200.8
204.3
205.3
206.6
210.8
211.6
214.0
214.2
215.1
213.9
211.2

130.5
131.0
132.2
131.1
133.2
134.9
136.8
138.7
139.2
139.5
139.6
139.2

59.3
59.0
59.8
58.8
60.0
60.8
61.8
62.8
62.6
62.9
62.7
62.3

46.1
45.9
46.4
46.1
46.3
46.9
47.7
48.2
48.1
48.1
48.3
47.6

36.2
37.1
36.5
36.6
37.3
37.4
37.7
38.2
38.6
38.5
38.2
38.1

17.2
17.4
17.4
17.6
17.7
17.9
18.1
18.2
18.2
18.1
18.3
18.2

17.8
17.5
18.5
18.0
18.2
18.8
19.1
19.5
19.8
19.9
20.4
20.5

2.6
2.7
2.7
2.7
2.7
2.7
2.7
2.7
2.7
2.8
2.8
2.8

16.0
14.8
16.2
18.2
"18.1
20.3
18.5
18.7
18.4
18.9
17.1
15.5

22.3
22.3
22.6
23.2
23.0
23.3
23.6
23.8
23.9
23.9
23.9
23.9

5.5
5.5
5.5
5.6
5.6
5.7
5.7
5.8
5.8
5.9
5.9
6.0

7.3
7.1
6.9
6.6
6.7
6.9
7.1
7.1
7.2
7.4
7.8
7.0

8.0
8.0
8.0
8.1
8.0
8.0
8.0
8.0
8.1
8.1
8.2
8.2

11.3
11.4
12.3
12.0
11.3
11.3
11.3
11.3
11.1
10.9
10.8
11.1

2.2
2.0
2.1
2.1
2.1
2.2
2.2
2.2
2.3
2.2
2.2
2.3

182.1
182.8
184.5
183.9
185.4
187.5
189.8
191.9
192.3
192.5
193.3
192.1

1946
1947
1948
1949

.




Table 2.6.—Personal Income by Type of Income: Annually and Seasonally Adjusted Monthly Totals at Annual Rates, 1946-1976—Continued
[Billions of dollars]
Wage and salary disbursements
Commodity-producing
Year and month

Personal
income

All
industries

Total

Manufacturing

Distributive

Service

Government
and
government
enterprises

Other
labor
income

Proprietors' income
with inventory
valuation and
capital
consumption
adjustments
Farm

Nonfarm

Rental
income
of
persons
with
capital
consumption
adjustment

Personal
dividend
income

Personal
interest
income

Transfer
payments

Less:
Personal
contributions
for
social
insurance

Addendum:
Total
nonfarm
income 1

1949
January
February
March
April
May
June
July
August
September
October
November
December

207.9
207.0
208.1
207.2
206.7
204.7
203.2
204.9
208.1
204.5
206.9
208.1

137.9
136.7
135.8
135.6
135.4
133.9
133.6
133.3
134.8
132.6
133.1
134.6

61.2
60.6
59.2
58.3
58.0
57.0
57.2
56.7
57.6
55.3
55.9
57.0

47.0
46.6
45.5
44.8
44.6
44.1
44.3
44.1
44.8
43.1
42.7
44.2

38.1
37.8
37.8
38.4
38.4
37.8
37.2
37.3
37.6
37.1
37.0
37.4

18.2
18.0
18.5
18.4
18.5
18.3
18.3
18.4
18.5
18.8
18.9
18.9

20.4
20.3
20.4
20.5
20.5
20.7
20.9
20.9
21.0
21.3
21.4
21.4

2.8
2.8
2.8
2.8
2.9
2.9
3.0
3.0
3.0
3.1
3.1
3.1

13.2
13.2
14.2
13.3
12.9
12.3
10.8
12.6
13.4
12.2
13.2
12.6

23.5
23.5
23.5
23.5
23.5
23.5
23.3
23.5
23.7
23.6
23.8
23.6

5.9
5.9
5.9
6.0
6.0
6.0
6.1
6.2
6.2
6.3
6.4
6.4

7.4
7.2
7.1
7.2
7.2
7.2
7.1
7.0
7.1
7.2
7.4
7.5

8.4
8.4
8.5
8.6
8.6
8.7
8.8
8.8
8.9
9.0
9.0
9.1

11.2
11.5
12.5
12.4
12.3
12.4
12.7
12.8
13.2
12.9
13.1
13.4

2.3
2.3
2.3
2.2
2.2
2.3
2.1
2.2
2.2
2.2
2.2
2.2

191.5
190.7
190.8
190.8
190.6
189.3
189.2
189.2
191.4
189.0
190.5
192.2

1950
January
February
March
April
May
June
July
August
September
October
November
December

216.4
219.4
224.5
219.8
220.3
221.4
225.7
230.1
232.2
235.3
237.4
242.8

136.1
136.1
138.7
140.7
142.5
144.7
147.4
151.0
153.1
155.9
157.7
160.0

57.9
57.6
59.7
61.1
62.7
63.7
65.7
67.6
68.0
70.2
71.1
72.0

45.1
45.2
45.7
47.1
48.6
49.4
50.7
52.5
52.7
54.5
55.4
56.4

37.8
37.8
38.2
38.5
38.9
39.6
40.3
40.8
41.2
41.3
41.3
42.1

19.0
19.3
19.3
19.4
19.5
19.7
19.6
20.0
20.1
20.4
20.5
20.8

21.4
21.4
21.5
21.8
21.4
21.8
21.9
22.6
23.8
24.1
24.8
25.1

3.2
3.3
3.3
3.4
3.5
3.6
3.7
3.8
3.9
4.0
4.0
4.1

13.9
12.4
13.0
12.6
13.7
12.4
13.7
14.4
13.4
14.5
15.2
15.2

23.7
23.8
23.9
24.1
24.4
24.9
26.0
26.2
25.7
25.6
25.4
26.3

6.7
6.8
6.9
6.9
6.9
7.0
7.1
7.2
7.3
7.3
7.4
7.4

8.3
8.3
8.2
8.2
8.4
8.5
8.5
8.7
10.1
8.8
8.8
10.8

9.2
9.3
9.4
9.4
9.5
9.6
9.7
9.8
9.9
10.0
10.0
10.0

18.2
22.2
23.9
17.1
14.2
13.6
12.3
11.9
11.6
12.4
12.1
12.0

2.8
2.7
2.8
2.7
2.8
2.9
2.8
3.0
2.8
3.2
3.1
3.0

199.3
203.7
208.3
204.0
203.4
205.8
208.7
212.4
215.4
217.6
219.0
224.4

1951
January
February
March
April
May
June
July
August
September
October
November
December

244.0
246.7
249.2
252.1
253.5
255.3
254.8
257.8
258.3
261.2
262.1
263.1

162.4
165.2
167.5
169.6
169.8
172.5
172.0
172.7
173.6
174.7
176.8
178.1

72.9
73.9
75.2
76.5
76.4
76.9
77.1
76.8
76.9
76.7
77.5
78.7

56.8
57.7
58.6
59.8
59.5
59.9
59.7
59.6
59.8
59.3
60.1
61.1

42.6
43.6
43.7
44.1
43.7
45.1
44.1
44.4
44.7
44.6
45.0
45.5

20.9
21.0
21.2
21.2
21.2
21.5
21.6
21.7
21.8
22.0
22.1
22.4

26.0
26.7
27.4
27.9
28.4
29.1
29.3
29.8
30.2
31.4
32.2
31.6

4.2
4.3
4.4
4.5
4.5
4.6
4.7
4.7
4.8
4.8
4.9
5.0

15.7
15.6
15.8
16.2
16.7
15.2
15.3
16.6
16.1
17.3
16.5
15.8

27.0
26.8
26.8
26.7
27.0
27.0
27.0
27.5
27.4
27.6
27.6
27.5

7.4
7.4
7.4
7.5
7.5
7.6
7.7
7.8
7.9
8.0
8.1
8.2

8.1
8.2
8.5
8.5
8.5
8.5
8.4
8.4
8.4
8.6
8.2
8.7

10.2
10.2
10.3
10.3
10.4
10.4
10.5
10.6
10.6
10.6
10.7
10.7

12.4
12.2
12.1
12.2
12.7
12.9
12.7
12.8
12.8
13.1
12.8
12.4

3.5
3.3
3.6
3.3
3.6
3.4
3.4
3.3
3.4
3.5
3.5
3.4

225.0
227.8
230.1
232.5
233.4
236.7
236.0
237.6
238.7
240.4
242.2
243.9

1952
January
February
March
April
May
June
July
August
September
October
November
December

261.2
265.0
265.6
265.2
268.2
269.7
268.7
276.2
279.0
280.1
279.4
281.5

179.4
181.0
181.9
180.6
182.5
182.7
180.4
186.9
189.8
191.3
193.1
194.4

79.3
79.9
80.4
79.5
80.1
79.4
76.8
82.3
85.3
86.0
87.0
88.5

61.5
62.0
62.5
61.9
62.5
62.1
59.4
64.2
66.8
68.0
68.8
70.1

45.5
45.8
46.2
45.7
46.3
46.5
46.8
47.5
47.3
47.9
48.3
48.3

22.5
22.8
22.7
22.7
23.0
23.0
23.1
23.2
23.5
23.5
23.6
23.8

32.1
32.5
32.6
32.7
33.1
33.8
33.6
33.9
33.7
33.9
34.0
33.8

5.0
5.0
5.1
5.1
5.1
5.1
5.2
5.3
5.3
5.3
5.4
5.4

14.1
15.3
14.9
14.9
15.0
16.0
17.0
16.9
16.6
15.4
12.7
12.8

27.6
27.8
27.7
27.8
28.1
28.4
28.3
28.3
28.4
28.8
28.8
29.0

8.1
8.2
8.3
8.5
8.7
8.8
8.8
9.0
9.1
9.3
9.4
9.5

7.4
8.2
8.4
8.5
8.6
8.5
8.4
8.5
8.5
8.6
8.7
8.7

10.8
10.9
10.9
10.9
11.0
11.2
11.3
11.3
11.4
11.5
11.7
11.8

12.8
12.4
12.4
12.5
12.9
12.8
13.0
14.0
13.7
13.6
13.6
13.9

3.9
3.7
3.8
3.7
3.7
3.8
3.8
3.7
3.8
3.8
3.8
3.9

243.7
246.2
247.3
246.8
249.8
250.3
248.3
256.0
258.9
261.4
263.5
265.4

1953
January
February
March
April
May
June
July
August
September
October
November
December

282.3
284.2
287.0
287.3
288.6
289.8
289.3
288.6
288.6
290.5
288.7
287.8

194.8
196.5
198.4
199.0
200.1
200.1
200.4
200.1
199.1
199.8
198.3
196.8

88.7
89.5
90.5
90.6
90.8
90.5
90.9
90.4
89.0
89.2
88.0
87.1

70.3
71.0
72.0
72.3
72.4
72.2
72.5
72.0
70.6
70.7
69.5
68.8

48.1
48.7
49.1
49.3
50.0
50.0
50.0
50.1
50.2
50.6
50.5
49.9

23.9
24.1
24.4
24.7
24.7
25.0
25.1
25.0
25.3
25.5
25.3
25.4

34.1
34.2
34.3
34.3
34.6
34.5
34.4
34.6
34.5
34.5
34.4
34.3

5.5
5.7
5.8
5.8
5.8
5.8
5.9
6.0
6.0
6.0
6.1
6.1

14.1
13.2
13.5
12.8
12.8
13.5
12.7
12.1
13.1
13.0
13.0
13.5

28.9
28.9
29.1
28.9
28.8
28.6
28.6
28.5
28.4
28.4
28.3
28.1

9.4
9.5
9.6
9.7
9.8
9.9
10.1
10.2
10.3
10.5
10.6
10.7

7.8
8.5
8.7
9.0
9.2
9.2
9.1
9.0
8.9
8.9
9.0
8.6

11.8
12.0
12.1
12.2
12.3
12.4
12.5
12.5
12.6
13.0
13.1
13.2

13.8
13.7
13.9
13.9
13.8
14.2
14.0
14.2
14.1
15.0
14.3
14.7

3.9
3.9
4.0
4.0
4.0
4.0
4.0
4.0
3.9
4.0
3.9
4.0

264.9
267.7
270.1
271.2
272.5
272.9
273.2
273.2
272.2
274.3
272.4
271.1

1954
January
February
March
April
May
June
July
August
September
October
November
December.....

287.3
288.3
287.2
286.0
286.9
287.1
287.6
289.1
290.9
292.8
295.4
296.3

195.8
196.3
195.6
195.2
195.8
195.6
195.2
196.2
196.2
198.4
200.2
201.1

86.2
86.4
85.8
85.2
85.4
85.2
84.5
84.5
84.3
85.6
87.4
87.8

68.1
67.9
67.6
67.0
67.2
67.0
66.5
66.5
66.4
67.4
69.1
69.4

50.0
50.1
50.0
49.9
50.0
49.5
49.9
50.1
50.1
50.6
50.4
50.8

25.3
25.4
25.4
25.6
25.6
25.9
25.9
26.4
26.6
26.9
27.1
27.1

34.4
34.4
34.3
34.5
34.7
34.9
34.9
35.1
35.3
35.3
35.3
35.4

6.0
6.0
6.0
6.0
6.0
6.0
6.1
6.1
6.2
6.3
6.3
6.4

13.9
13.7
13.0
11.9
11.9
12.1
12.0
12.5
13.3
11.8
12.1
11.7

27.9
28.1
28.2
28.4
28.5
28.7
28.8
28.6
28.8
29.3
29.6
29.7

10.5
10.6
10.7
10.8
10.9
11.0
11.1
11.2
11.3
11.3
11.4
11.4

9.5
9.3
9.0
8.8
8.7
8.6
8.9
9.0
9.3
9.1
9.3
9.3

13.2
13.4
13.4
13.5
13.6
13.6
13.8
13.8
13.9
14.0
14.1
14.3

14.9
15.4
15.9
16.0
16.0
16.0
16.4
16.3
16.5
17.3
17.0
17.1

4.6
4.5
4.6
4.6
4.5
4.6
4.6
4.6
4.7
4.7
4.7
4.8

270.1
271.3
271.0
270.9
271.9
271.7
272.5
273.5
274.5
277.8
280.2
281.5




Table 2.6.—Personal Income by Type of Income: Annually and Seasonally Adjusted Monthly Totals at Annual Rates, 1946-1976—Continued
[Billions of dollars]
Wage and salary disbursements
Commodity-producing
Year and month

Personal
income

All
industries

Total

Manufacturing

Distributive

Service

Government
and
government
enterprises

Other
labor
income

Proprietors' income
with inventory
valuation and
capital
consumption
adjustments
Farm

Nonfarm

Rental
income
of
persons
with
capital
consumption
adjustment

Personal
dividend
income

Personal
interest
income

Transfer
payments

Less:
Personal
contributions
for
social
insurance

Addendum:
Total
nonfarm
income 1

1955
January
February
March
April
May
June
July
August
September
October
November
December

297.8
299.5
301.9
304.9
307.5
308.6
313.3
313.6
315.9
317.5
319.9
321.9

202.2
203.4
205.1
207.4
209.8
210.9
214.9
214.0
215.3
217.2
219.1
220.3

88.3
89.4
90.5
91.3
92.9
93.1
93.9
93.9
94.6
95.6
96.9
97.2

69.8
70.7
71.6
72.2
73.5
73.6
74.2
74.4
75.0
76.0
77.4
77.6

51.1
51.3
51.6
52.1
52.6
53.1
53.8
54.2
54.6
55.0
55.2
55.8

27.3
27.3
27.6
27.9
28.2
28.3
28.7
29.1
29.2
29.5
29.7
29.9

35.4
35.5
35.4
36.2
36.1
36.4
38.4
36.8
36.9
37.1
37.2
37.4

6.5
6.6
6.7
6.8
6.9
7.0
7.1
7.2
7.3
7.4
7.4
7.4

12.0
11.9
11.6
11.9
11.8
11.5
10.8
11.4
11.5
11.0
11.4
10.8

30.2
30.4
30.6
31.0
31.1
31.1
31.7
31.7
32.1
32.4
32.5
32.4

11.2
11.2
11.2
11.2
11.2
11.2
11.2
11.3
11.3
11.4
11.4
11.4

9.7
9.7
10.0
9.9
10.0
9.8
10.3
10.6
10.6
10.3
10.3
11.4

14.3
14.3
14.5
14.5
14.7
14.9
15.1
15.2
15.4
15.4
15.5
15.6

16.9
17.0
17.4
17.3
17.3
17.5
17.5
17.6
17.7
17.7
17.7
17.9

5.1
5.0
5.2
5.1
5.2
5.2
5.3
5.3
5.3
5.3
5.4
5.4

282.7
284.4
287.2
290.0
292.6
293.9
299.3
299.0
301.2
303.2
305.3
307.9

1956
January
February
March
April
May
June
July
August
September
October
November
December

322.5
324.4
325.8
328.9
329.4
331.4
330.5
335.2
337.6
341.1
341.0
342.9

221.3
222.5
224.1
226.6
226.2
227.7
226.4
229.7
231.6
233.5
233.9
236.5

97.5
97.7
98.3
100.0
99.4
100.0
98.5
101.1
102.3
103.6
103.4
105.1

77.5
77.3
77.7
79.0
78.2
78.3
77.5
79.5
80.7
82.1
81.9
83.3

56.2
56.7
57.1
57.5
57.3
57.6
57.6
57.8
58.2
58.4
58.7
59.1

30.1
30.4
30.6
30.8
31.0
31.3
31.4
31.6
31.7
32.0
32.2
32.5

37.5
37.8
38.1
38.3
38.4
38.8
39.0
39.1
39.4
39.5
39.6
39.8

7.5
7.6
7.8
7.8
7.9
8.0
8.1
8.2
8.3
8.4
8.5
8.5

11.1
11.4
10.6
10.7
11.0
11.0
11.4
11.8
11.6
12.3
11.4
10.8

32.1
32.1
32.4
32.5
32.6
32.7
32.4
32.8
33.0
33.2
33.3
33.3

11.4
11.4
11.5
11.5
11.6
11.6
11.7
11.7
11.7
11.8
11.8
11.8

10.9
11.0
10.8
10.8
10.9
11.0
10.9
10.9
11.1
11.5
11.6
11.1

15.8
15.9
16.1
16.4
16.5
16.7
16.8
16.9
17.0
17.2
17.3
17.4

18.1
18.1
18.3
18.3
18.5
18.6
18.7
19.1
19.1
19.2
19.1
19.3

5.7
5.7
5.7
5.7
5.8
5.8
5.8
5.9
5.8
6.0
6.0
6.0

308.2
309.8
312.0
315.0
315.1
317.2
316.0
320.0
322.6
325.6
326.3
328.8

1957
January
February
March
April
May
June
July
August
September
October
November
December

342.9
346.1
347.6
348.1
349.7
352.3
353.9
355.5
354.5
354.5
354.7
353.7

235.9
238.1
238.7
238.2
238.4
240.1
240.8
241.7
240.8
239.7
239.8
238.6

104.2
105.2
105.1
104.6
104.1
104.8
104.8
105.0
104.0
103.3
102.9
101.7

82.8
83.4
83.3
83.0
82.4
82.9
82.9
83.3
82.2
81.6
81.4
80.0

59.1
59.6
60.0
59.9
60.2
60.7
60.9
61.3
61.1
60.9
61.1
61.0

32.5
33.0
33.3
33.4
33.4
33.5
33.8
33.9
34.1
34.0
34.2
34.3

40.0
40.2
40.4
40.3
40.8
41.0
41.3
41.5
41.7
41.6
41.6
41.6

8.5
8.6
8.7
8.8
8.9
9.0
9.1
9.2
9.3
9.4
9.4
9.5

10.6
10.6
10.7
10.7
10.8
11.0
11.4
11.8
11.4
11.4
11.4
11.7

33.8
34.1
34.0
34.0
34.2
34.4
34.5
34.5
34.4
34.3
34.0
33.8

11.9
11.9
12.0
12.1
12.1
12.2
12.3
12.4
12.5
12.6
12.5
12.4

11.4
11.4
11.6
11.6
11.7
11.7
11.8
11.8
11.7
11.7
11.7
11.2

17.6
17.9
18.1
18.3
18.5
18.7
19.0
19.2
19.3
19.5
19.5
19.6

19.9
20.2
20.5
20.9
21.8
21.8
21.8
21.8
21.8
22.8
23.0
23.5

6.7
6.6
6.7
6.6
6.7
6.7
6.8
6.8
6.7
6.7
6.7
6.6

329.0
332.2
333.5
334.0
335.6
337.9
339.0
340.3
339.8
339.7
339.8
338.5

1958
January
February
March
April
May
June
July
August
September
October
November
December

353.8
353.4
355.3
354.4
355.6
357.4
364.0
363.8
365.8
366.6
370.9
372.7

237.1
235.4
235.4
233.9
234.9
237.5
243.2
242.1
243.6
244.2
248.6
249.8

100.5
98.3
98.1
96.8
96.9
97.8
98.9
100.5
101.4
101.1
104.7
105.2

78.8
77.4
77.1
75.9
75.9
76.9
77.8
79.1
79.9
79.2
82.4
83.0

60.4
60.4
60.1
59.5
59.8
60.2
60.4
60.8
61.2
61.6
62.2
62.6

34.5
34.7
34.9
35.2
35.5
35.5
35.7
35.8
36.0
36.4
36.4
36.6

41.7
42.0
42.3
42.5
42.8
43.9
48.3
45.0
45.0
45.1
45.3
45.3

9.3
9.2
9.1
9.1
9.2
9.3
9.3
9.4
9.4
9.6
9.8
9.9

12.5
13.9
14.8
13.8
13.2
12.7
13.0
13.0
13.1
12.8
12.8
12.8

33.8
33.8
33.9
34.1
34.2
34.3
34.5
34.7
34.8
35.1
35.6
35.6

12.7
12.7
12.7
12.8
12.8
12.9
12.8
12.9
12.9
13.0
13.1
13.1

11.4
11.4
11.4
11.4
11.4
11.4
11.4
11.3
11.3
11.1
11.0
11.1

19.6
19.7
19.8
19.7
19.9
20.0
20.3
20.6
20.8
21.0
21.1
21.3

24.2
24.1
25.0
26.1
26.6
26.2
26.5
26.8
26.7
26.7
26.0
26.1

6.8
6.7
6.7
6.7
6.7
6.8
7.1
6.9
6.9
6.9
7.0
7.0

337.8
336.1
337.1
337.1
338.7
341.3
347.4
347.1
349.1
350.0
354.3
356.0

1959
January
February
March
April
May
June
July
August
September
October
November
December

373.5
375.7
378.7
382.0
384.6
387.1
387.8
384.8
385.7
386.4
390.6
396.2

251.3
252.8
255.2
257.6
259.9
261.5
261.2
259.4
259.4
260.3
262.4
266.3

106.2
106.9
108.6
109.8
111.2
112.0
111.5
108.8
108.9
108.5
109.9
113.0

83.7
84.6
86.0
87.0
88.2
88.9
88.8
86.1
86.4
85.9
86.7
89.7

63.0
63.4
63.8
64.2
64.8
65.2
64.9
65.4
65.2
65.6
65.8
66.2

36.8
37.1
37.5
37.9
38.1
38.2
38.7
38.8
39.1
39.8
40.0
40.3

45.3
45.5
45.5
45.6
45.8
46.0
46.1
46.3
46.3
46.5
46.7
46.8

10.0
10.1
10.2
10.4
10.5
10.6
10.7
10.8
10.8
10.9
10.9
11.0

12.0
11.8
11.5
11.3
11.1
11.1
11.2
9.8
9.6
9.3
10.4
11.6

35.7
36.0
36.5
36.9
37.1
37.2
37.3
37.0
37.1
36.6
36.6
36.5

13.1
13.0
13.1
13.4
13.5
13.6
13.8
13.9
13.9
14.1
14.2
14.2

11.5
11.8
11.9
12.0
12.1
12.2
12.2
12.4
12.4
12.5
12.5
12.7

21.3
21.4
21.6
21.8
22.0
22.3
22.5
22.7
23.0
23.2
23.6
24.0

26.4
26.7
26.6
26.6
26.5
26.7
26.9
26.8
27.3
27.4
28.0
27.9

7.8
7.8
7.9
7.9
8.0
8.1
8.0
7.9
7.9
7.9
8.0
8.0

357.7
360.2
363.4
367.1
369.8
372.4
373.0
371.3
372.4
373.4
376.1
380.9

1960
January
February
March
April
May
June
July
August
September
October
November
December

397.4
397.6
397.9
401.5
403.0
403.3
403.8
404.1
404.8
406.1
405.6
403.2

269.3
269.9
270.4
272.0
272.8
272.6
273.1
272.9
273.0
274.1
272.8
270.2

114.5
114.8
114.2
114.3
114.6
113.8
113.5
112.7
112.1
112.3
111.4
109.2

91.3
91.4
91.3
90.8
90.9
90.3
89.8
89.1
88.5
88.7
87.8
86.1

67.0
67.0
67.8
68.4
68.4
68.6
68.7
68.6
68.6
69.2
68.5
67.9

40.4
40.4
40.4
40.9
41.1
41.4
41.6
41.7
42.2
42.2
42.4
42.6

47.4
47.6
48.0
48.3
48.7
48.8
49.4
49.9
50.2
50.4
50.5
50.6

11.0
11.0
11.1
11.1
11.2
11.2
11.2
11.3
11.3
11.4
11.4
11.4

11.0
10.4
10.0
11.5
12.1
12.3
12.2
12.2
12.1
12.1
12.4
12.4

36.4
36.2
35.8
36.0
35.8
35.6
35.4
35.1
35.0
35.1
34.9
34.7

14.2
14.3
14.4
14.4
14.4
14.5
14.5
14.5
14.6
14.6
14.7
14.7

12.7
12.7
12.7
12.7
12.8
12.8
13.0
13.1
13.2
13.1
13.1
12.8

24.5
24.7
24.7
24.7
24.7
24.7
24.9
25.0
25.2
25.3
25.4
25.5

27.4
27.6
28.1
28.2
28.4
28.8
28.9
29.3
29.7
29.8
30.4
30.8

9.2
9.2
9.2
9.2
9.3
9.2
9.3
9.3
9.4
9.4
9.3
9.3

382.5
383.3
384.1
386.0
387.0
387.1
387.7
388.1
388.7
390.0
389.1
386.9




Table 2.6.—Personal Income by Type of Income: Annually and Seasonally Adjusted Monthly Totals at Annual Rates, 1946-1976—Continued
[Billions of dollars]
Wage and salary disbursements
Commodity-producing
Year and month

Personal
income

All
industries

Total

Manufacturing

Distributive

Service

Government
and
government
enterprises

Other
labor
income

Proprietors' income
with inventory
valuation and
capital
consumption
adjustments
Farm

Nonfarm

Rental
income
of
persons
with
capital
consumption
adjustment

Personal
dividend
income

Personal
interest
income

Transfer
payments

Less:
Personal
contributions
for
social
insurance

Addendum:
Total
nonfarm
income 1

1961
January
February
March
April
May
June
July
August
September
October
November
December

406.6
408.7
410.0
410.7
413.7
418.0
419.8
420.1
421.1
424.8
428.9
431.5

272.5
272.5
273.5
274.6
276.3
278.9
280.1
281.5
281.9
284.7
287.8
289.3

110.3
110.0
110.5
111.2
112.3
113.9
114.3
115.1
114.0
116.1
117.9
118.5

86.8
86.8
87.0
87.8
88.9
89.8
90.4
91.1
89.8
91.8
93.4
93.9

68.5
68.3
68.1
68.4
68.6
69.0
69.5
69.3
70.0
70.3
70.4
70.5

42.9
43.0
43.5
43.5
43.8
44.0
44.0
44.4
44.6
44.7
45.2
45.7

50.8
51.1
51.3
51.6
51.6
52.1
52.3
52.7
53.3
53.6
54.3
54.6

11.5
11.5
11.6
11.6
11.7
11.7
11.8
11.9
12.0
12.1
12.2
12.3

12.2
12.3
12.3
12.0
11.9
11.9
12.0
11.9
12.0
12.1
12.4
12.5

35.6
35.7
36.0
36.1
36.3
36.7
36.6
36.7
36.8
37.0
37.1
37.1

14.8
14.8
14.8
14.9
14.9
15.0
15.0
15.1
15.2
15.2
15.3
15,3

13.0
13.0
13.1
13.0
13.1
13.2
13.2
13.3
13.5
13.7
13.8
14.1

25.4
25.5
25.7
25.9
26.0
26.2
26.4
26.6
26.8
27.1
27.4
27.7

31.2
32.8
32.5
32.1
33.0
33.9
34.4
32.8
32.6
32.6
32.7
33.1

9.5
9.5
9.5
9.5
9.6
9.6
9.7
9.7
9.7
9.8
9.8
9.9

390.4
392.4
393.6
394.7
397.8
401.9
403.8
404.0
404.8
408.4
412.3
414.8

1962
January
February
March
April
May
June
July
August
September
October
November
December

431.3
434.4
438.1
440.8
441.8
443.2
444.8
446.0
448.3
449.4
451.7
453.7

289.5
292.0
294.7
296.9
297.2
298.2
299.1
299.3
301.2
301.1
303.2
304.2

117.9
119.3
120.5
122.1
121.8
121.8
122.3
122.4
123.3
122.8
123.5
123.6

93.8
94.8
95.7
96.8
96.6
96.9
97.2
97.0
97.7
97.4
97.9
98.0

70.9
71.3
72.3
72.2
72.6
72.9
73.0
73.0
73.6
73.5
73.9
74.2

45.8
46.0
46.3
46.9
47.0
47.2
47.4
47.5
47.6
47.8
48.1
48.4

54.9
55.4
55.6
55.7
55.8
56.4
56.3
56.4
56.6
57.0
57.7
58.0

12.4
12.5
12.7
12.7
12.9
13.0
13.1
13.2
13.3
13.4
13.5
13.6

12.5
12.5
12.4
12.5
12.3
12.1
12.2
12.0
12.0
12.1
12.1
12.2

37.1
37.2
37.5
37.6
37.7
37.6
37.8
37.9
37.9
37.7
37.8
37.8

15.4
15.4
15.5
15.5
15.6
15.7
15.7
15.8
16.0
16.0
16.2
16.3

13.8
14.0
14.1
14.4
14.4
14.5
14.4
14.6
14.7
14.5
14.5
15.1

27.4
27.6
27.9
28.2
28.5
28.9
29.2
29.5
29.8
30.1
30.4
30.8

33.3
33.3
33.6
33.3
33.3
33.5
33.7
33.9
33.8
34.8
34.4
34.3

10.1
10.2
10.3
10.3
10.3
10.3
10.3
10.3
10.4
10.4
10.5
10.5

414.6
417.6
421.4
424.0
425.1
426.8
428.5
429.6
431.9
433.0
435.1
437.2

1963
January
February
March
April
May
June
July
August
September
October
November
December

457.8
455.8
457.5
459.3
461.7
465.3
466.3
468.6
471.5
474.5
475.7
480.3

305.1
306.5
308.0
308.8
310.5
313.4
313.6
315.3
317.2
319.4
320.1
322.7

124.1
124.1
124.5
125.0
126.0
126.9
127.4
127.6
128.7
129.1
129.3
130.4

98.4
98.5
99.0
99.0
99.9
100.6
100.9
100.8
101.6
102.1
102.7
103.5

73.9
74.6
75.3
75.3
75.6
76.6
76.2
76.8
77.3
77.5
77.7
78.3

48.8
49.2
49.4
49.5
49.7
50.1
50.3
50.6
50.8
51.2
51.3
51.7

58.3
58.6
58.8
59.1
59.2
59.8
59.7
60.2
60.5
61.6
61.9
62.2

13.6
13.6
13.6
13.7
13.7
13.8
13.9
14.0
14.2
14.3
14.5
14.6

12.1
12.2
12.2
12.3
12.2
12.1
12.1
12.0
12.0
11.8
11.7
11.6

37.8
37.8
37.9
38.1
38.2
38.2
38.5
38.6
38.9
39.2
39.2
39.6

16.3
16.3
16.3
16.5
16.5
16.5
16.7
16.7
16.7
16.7
16.6
16.6

15.1
15.1
15.0
15.1
15.4
15.6
15.6
15.5
15.6
15.7
15.9
16.4

30.9
31.0
31.1
31.3
31.6
31.9
32.2
32.6
33.0
33.3
33.6
34.0

38.5
34.8
35.0
35.1
35.2
35.6
35.5
35.6
35.8
36.1
36.1
36.8

11.6
11.6
11.6
11.6
11.7
11.8
11.8
11.8
11.9
11.9
12.0
12.1

441.3
439.2
440.8
442.5
445.1
448.9
449.7
452.0
454.7
458.1
459.6
464.4

1964
January
February
March
April
May
June
July
August
September
October
November
December

483.4
485.7
488.3
491.8
495.1
497.7
500.5
504.4
507.2
507.8
511.4
517.3

323.5
327.4
329.0
331.2
333.3
335.1
336.8
340.2
341.8
341.9
344.7
348.6

129.7
131.9
132.8
134.0
134.5
135.1
136.0
137.1
138.1
136.6
138.6
140.9

103.2
104.3
105.0
106.0
106.4
106.7
107.5
108.6
109.6
107.4
109.5
111.5

78.6
79.4
79.6
79.9
80.8
81.3
81.7
82.5
82.4
83.1
83.4
84.5

52.4
53.0
53.2
53.6
53.9
54.1
54.5
54.8
55.2
55.5
56.0
56.1

62.8
63.1
63.4
63.6
64.1
64.6
64.6
65.7
66.1
66.7
66.7
67.1

14.8
15.0
15.1
15.3
15.5
15.6
15.8
16.0
16.1
16.3
16.5
16.7

10.9
10.7
10.5
10.6
10.8
10.6
10.6
10.6
10.7
11.2
11.4

40.2
40.5
40.8
41.4
41.5
41.8
42.1
42.2
42.4
42.1
42.3
42.6

16.9
17.0
17.1
17.0
17.0
17.1
17.0
17.0
17.1
17.1
17.2
17.2

16.5
16.7
16.8
16.9
17.2
17.4
17.5
17.4
17.6
17.7
17.9
18.3

34.1
34.2
34.4
34.8
35.1
35.5
35.8
36.2
36.5
36.7
36.9
37.3

38.8
36.6
36.8
37.1
37.2
37.1
37.4
37.4
37.6
37.6
37.5
38.1

12.2
12.3
12.4
12.4
12.5
12.5
12.6
12.7
12.7
12.7
12.8
12.9

468.0
470.6
473.3
476.5
479.6
482.2
484.9
489.0
491.8
491.8
495.5
501.2

March
April
May
June
July
August
September
October
November
December

521.6
522.0
524.9
528.7
533.7
537.8
540.6
542.7
557.5
554.6
559.4
564.2

349.3
351.1
352.9
354.6
357.7
359.1
361.8
364.2
367.4
372.0
375.4
378.5

141.4
142.7
143.1
143.0
144.5
145.5
145.8
146.6
147.4
149.2
150.7
152.5

112.0
112.6
113.3
113.3
114.0
114.9
115.7
116.0
116.6
118.0
119.3
120.3

84.5
84.8
85.3
86.0
86.7
86.2
87.2
87.8
88.4
89.5
89.9
90.4

56.2
56.3
56.8
57.4
58.1
58.5
59.2
59.5
60.2
61.0
61.6
61.7

67.2
67.4
67.6
68.2
68.4
68.9
69.6
70.2
71.5
72.3
73.1
73.9

16.8
17.0
17.2
17.4
17.6
17.7
17.9
18.1
18.3
18.5
18.6
18.8

12.0
12.0
11.9
12.4
13.4
14.5
13.9
13.5
13.4
13.2
13.4
13.6

42.5
42.7
43.2
43.3
43.5
43.8
43.9
43.9
44.1
44.7
45.1
45.4

17.2
17.6
17.8
18.0
18.0
18.0
17.9
18.1
18.2
18.2
18.3
18.3

18.2
18.2
18.3
18.5
18.8
19.3
19.3
19.3
19.6
19.8
20.0
20.2

37.8
38.1
38.4
38.9
39.3
39.7
40.1
40.4
40.7
40.7
40.9
41.3

40.7
38.2
38.4
38.8
38.7
38.8
39.2
38.7
49.3
41.0
41.4
41.8

13.0
13.0
13.1
13.1
13.2
13.2
13.3
13.4
13.5
13.6
13.7
13.8

504.8
505.1
508.3
511.3
515.3
518.2
521.7
524.3
539.1
536.3
541.0
545.6

1966
January
February
March
April
May
June.
July
August
September
October
November
December

566.5
572.0
575.8
578.2
580.6
585.4
589.0
594.1
599.2
602.5
606.6
608.2

380.6
384.1
386.9
390.8
393.5
397.6
401.5
404.4
406.5
409.7
411.6
413.2

153.1
155.6
157.2
158.8
159.6
161.6
161.8
163.5
164.4
165.1
165.5
165.7

121.4
123.3
124.4
126.1
126.8
128.1
128.5
130.2
130.9
132.0
132.3
132.1

91.0
91.4
91.8
92.8
93.5
94.2
95.5
95.3
95.6
96.8
97.1
97.4

62.1
62.1
62.6
63.1
63.6
64.2
65.2
65.8
66.1
66.5
67.0
67.6

74.4
74.9
75.2
76.1
76.8
77.6
79.1
79.8
80.4
81.2
81.9
82.5

19.0
19.2
19.4
19.5
19.7
19.9
20.0
20.1
20.1
20.4
20.7
20.9

15.4
16.1
15.8
14.5
14.1
13.9
13.9
13.8
13.6
12.8
12.8
12.6

45.6
45.9
46.5
46.2
45.9
46.4
46.2
46.5
46.7
46.8
47.0
47.2

18.5
18.6
18.7
18.5
18.5
18.6
18.8
18.9
19.0
18.8
18.9
19.0

20.2
20.1
19.9
19.8
19.6
19.5
19.3
19.3
19.4
19.3
19.4
17.5

41.8
42.3
42.7
43.2
43.7
44.3
44.6
45.0
45.3
45.9
46.4
47.0

42.4
42.9
43.1
43.0
42.7
42.6
43.0
44.5
47.0
47.2
48.4
49.3

17.0
17.1
17.1
17.3
17.3
17.4
18.2
18.3
18.3
18.4
18.5
18.5

546.2
550.8
554.9
558.6
561.3
566.2
570.0
575.1
580.2
584.4
588.5
590.1

1965
January
February




11.0

Table 2.6.—Personal Income by Type of Income: Annually and Seasonally Adjusted Monthly Totals at Annual Rates, 1946-1976—Continued
[Billions of dollars]
Wage and salary disbursements
Commodity-producing
Year and month

Personal
income

All
industries

Total

Manufacturing

Distributive

Service

Government
and
government
enterprises

Other
labor
income

Proprietors' income
with inventory
valuation and
capital
consumption
adjustments
Farm

Nonfarm

Rental
income
of
persons
with
capital
consumption
adjustment

Personal
dividend
income

Personal
interest
income

Transfer
payments

Less:
Personal
contributions
for
social
insurance

Addendum:
Total
nonfarm
income 1

1967
January
February
March
April
May
June
July
August
September
October
November
December

613.5
614.4
618.5
619.8
622.4
626.8
631.5
635.9
638.1
639.8
646.1
653.2

416.3
416.2
418.0
419.6
420.9
424.3
427.1
430.6
432.2
433.1
438.5
446.9

166,8
165.4
165.8
165.8
165.8
166.7
168.0
170.0
169.4
169.4
172.6
174.3

133.0
131.9
132.3
132.4
132.1
132.8
133.2
135.6
134.8
134.8
137.3
138.9

98.5
98.8
99.1
99.5
100.0
100.7
101.0
101.3
102.3
102.4
103.2
103.9

68.0
68.6
69.3
69.9
70.3
71.2
71.6
72.3
72.9
73.1
73.8
74.8

83.0
83.4
83.8
84.4
84.9
85.5
86.4
87.0
87.6
88.2
88.9
93.9

21.0
21.0
21.1
21.1
21.2
21.3
21.5
21.8
22.2
22.3
22.5
22.7

12.4
11.9
12.1
12.5
12.5
12.5
12.8
12.9
13.1
12.9
13.0
13.0

47.7
47.7
48.0
47.9
48.3
48.7
49.0
49.2
49.4
48.9
49.0
49.2

19.1
19.3
19.5
19.6
19.8
20.0
19.9
19.9
19.8
19.9
19.8
19.7

19.4
19.7
20.1
20.3
20.4
20.3
20.6
20.8
20.7
20.6
20.5
18.4

47.1
47.2
47.2
47.5
47.7
48.0
48.2
48.4
48.8
49.3
49.9
50.5

50.1
51.0
52.3
51.7
52.0
52.3
53.1
53.2
53.1
53.8
54.1
54.5

19.6
19.6
19.8
20.4
20.4
20.6
20.8
20.9
21.0
21.1
21.3
21.7

595.7
597.1
601.0
602.0
604.5
609.0
613.2
617.4
619.7
621.4
627.5
634.7

1968
January
February
March
April
May
June
July
August
September
October
November
December

656.3
663.7
671.2
676.1
683.1
688.8
695.1
700.6
705.6
710.6
715.8
720.4

446.7
452.9
456.1
459.2
463.9
467.6
472.2
475.7
479.9
483.2
487.4
490.3

175.0
178.1
178.8
180.1
182.0
182.7
183.8
184.6
186.3
188.1
190.0
191.2

139.9
141.7
142.2
143.0
144.8
145.7
146.1
146.5
147.9
149.7
150.8
151.5

104.6
105.8
106.8
107.3
108.3
109.9
110.5
111.6
112.8
113.2
114.3
114.8

75.4
76.3
76.8
77.5
78.4
79.1
79.9
80.7
81.6
82.3
83.1
83.8

91.8
92.7
93.6
94.4
95.1
95.9
98.1
98.8
99.1
99.5
100.0
100.5

23.2
23.6
24.1
24.4
24.8
25.3
25.6
25.8
26.0
26.3
26.7
27.2

12.6
12.3
12.0
11.8
12.1
12.4
12.7
12.9
13.0
13.3
13.5
13.7

49.5
49.9
50.5
50.8
51.2
51.5
51.7
51.9
52.1
52.1
52.0
52.2

19.6
19.5
19.5
19.5
19.6
19.6
19.6
19.6
19.6
19.5
19.5
19.4

20.9
21.1
21.4
21.6
21.8
21.9
22.2
22.3
22.4
22.6
22.7
22.3

50.9
51.1
51.6
52.3
53.0
53.6
53.6
54.0
54.2
54.9
55.2
56.0

55.0
55.5
58.2
59.0
59.6
59.8
60.4
61.4
61.6
62.0
62.4
62.9

22.0
22.1
22.3
22.6
22.7
22.8
23.0
23.1
23.2
23.3
23.5
23.6

637.9
645.7
653.3
658.5
665.4
670.8
676.6
681.8
686.8
691.4
696.5
700.8

1969
January
February
March
April
May
June
July
August
September
October
November
December

723.8
729.9
736.3
742.1
747.0
752.3
759.0
765.1
769.5
773.3
776.0
781.8

493.2
496.2
501.1
505.5
509.3
513.3
519.2
524.2
527.7
530.5
532.3
535.6

192.1
193.0
195.5
197.2
198.4
199.6
201.2
202.5
203.6
204.1
203.3
204.8

152.1
152.9
154.8
155.6
156.3
157.5
158.7
160.0
160.7
160.8
159.7
160.8

115.1
116.2
117.5
118.5
119.5
120.6
121.2
122.5
123.2
124.2
125.4
126.1

85.2
85.8
86.5
87.4
88.3
89.4
89.8
90.9
91.9
92.8
93.8
94.4

100.8
101.2
101.6
102.4
103.0
103.7
107.0
108.3
109.0
109.3
109.7
110.2

27.3
27.3
27.3
27.6
27.9
28.2
28.5
28.8
29.1
29.5
29.8
30.2

14.3
14.6
14.5
14.3
14.3
14.3
14.4
14.4
14.4
14.9
15.2
15.2

52.4
52.9
52.9
53.0
53.1
52.9
52.8
52.9
52.6
51.7
51.3
51.4

19.5
19.7
19.9
20.0
20.0
19.9
19.7
19.5
19.3
19.2
19.2
19.3

22.2
22.1
22.2
22.2
22.1
22.6
22.3
22.3
22.5
22.5
22.6
22.9

56.8
58.0
59.0
59.6
60.2
61.0
61.6
62.3
63.0
63.4
63.9
64.7

63.7
64.6
65.0
65.7
66.1
66.2
66.9
67.3
67.6
68.4
68.7
69.6

25.4
25.5
25.7
25.8
26.0
26.1
26.4
26.6
26.7
26.8
26.9
27.0

703.7
709.4
716.0
721.5
726.5
732.1
738.3
744.5
748.8
752.0
754.3
760.2

1970
January
February
MarchApril ....
May
June
July
August.
September
October
November
December

783.3
788.1
793.3
812.8
808.7
809.7
814.3
819.2
824.4
823.0
825.0
831.2

536.2
538.3
541.9
547.6
549.2
548.0
551.4
553.7
555.8
551.8
553.1
557.7

203.7
204.0
205.3
204.1
202.7
203.8
204.6
204.5
203.1
199.0
198.4
202.5

160.2
159.6
160.7
159.7
159.0
159.3
159.9
159.0
157.9
153.5
152.6
156.7

126.7
127.2
127.9
127.5
129.4
129.8
131.2
132.1
132.2
132.9
133.5
133.1

94.8
95.4
96.2
96.7
97.3
97.9
98.4
99.1
99.9
100.8
101.5
102.0

111.0
111.7
112.6
119.4
119.8
116.5
117.2
118.0
120.7
119.2
119.6
120.0

30.5
30.9
31.2
31.5
31.9
32.3
32.7
33.1
33.4
33.8
34.1
34.6

15.1
15.4
15.4
15.0
14.7
14.3
13.9
13.6
13.6
13.5
13.7
13.9

51.3
51.7
51.6
51.8
51.9
51.6
51.9
52.0
52.2
52.1
52.2
52.3

19.4
19.5
19.6
19.5
19.5
20.5
19.6
20.1
19.7
19.7
19.7
19.7

22.7
22.4
22.3
22.3
22.3
22.2
22.2
22.0
22.1
22.2
22.3
21.6

65.1
65.9
66.8
67.5
68.1
69.1
70.2
71.1
71.9
72.2
72.3
72.9

70.3
71.4
72.0
85.4
79.0
79.4
80.5
81.7
83.9
85.8
85.6
86.8

27.3
27.4
27.5
27.8
27.8
27.7
28.1
28.2
28.2
28.0
28.1
28.2

761.8
766.2
771.5
791.2
787.4
788.6
793.7
798.7
803.7
802.6
804.3
810.6

1971
January
February
MarchApril ....
May
June
July
August.
September
October
November
December

840.4
843.8
850.1
854.2
859.2
879.0
869.4
875.9
878.7
882.1
888.6
900.0

565.1
567.0
569.6
573.6
578.5
580.2
581.8
586.9
586.8
588.4
591.3
602.1

204.5
204.1
204.7
206.2
208.3
208.6
208.8
209.0
209.4
210.3
211.1
215.0

158.4
158.5
158.4
158.8
160.5
160.6
160.4
160.2
160.2
161.4
161.8
164.8

134.6
135.8
136.3
137.4
138.7
139.2
139.4
141.0
142.1
142.0
141.6
145.0

102.9
103.2
104.2
104.9
106.0
106.4
107.0
107.8
108.1
109.0
109.9
111.0

123.0
123.9
124.5
125.1
125.5
126.0
126.6
129.2
127.1
127.2
128.7
131.1

34.7
34.8
35.0
35.5
35.9
36.5
36.9
37.3
37.7
38.2
38.7
39.2

15.1
15.9
16.8
15.6
14.5
13.6
13.4
13.4
13.4
15.3
16.3
17.2

52.6
52.6
53.1
53.7
54.1
54.7
54.8
54.8
55.0
55.2
55.7
56.1

19.9
18.9
20.0
20.0
20.1
20.2
20.4
20.6
20.6
20.7
20.7
20.9

23.0
22.8
22.5
22.6
22.6
22.7
22.7
22.8
22.7
22.8
22.9
21.6

73.3
73.9
74.2
74.1
74.1
74.3
74.9
75.4
75.8
75.7
75.8
76.2

86.9
88.1
89.1
89.6
89.9
107.5
95.2
95.7
97.7
96.9
98.3
98.3

30.1
30.2
30.3
30.4
30.6
30.6
30.7
31.0
30.9
30.9
31.0
31.5

818.2
821.1
826.6
831.8
838.0
858.6
849.0
855.4
858.3
859.8
865.5
875.7

910.1
921.7
927.4
933.2
938.9
931.0
948.3
958.7
964.2
982.5
996.1
1,004.1

610.3
617.5
620.6
624.9
627.4
630.7
633.0
639.3
644.9
652.2
657.7
663.8

217.5
220.3
222.7
223.9
225.1
225.6
225.2
228.4
230.8
233.8
236.3
238.3

166.3
169.3
171.4
172.6
173.4
174.4
174.0
176.3
178.2
180.5
182.9
185.0

146.1
149.0
148.7
149.5
149.8
151.5
152.1
153.0
153.7
155.8
157.0
159.2

112.3
113.2
114.6
116.1
116.7
117.4
118.6
119.4
120.9
122.5
122.9
124.3

134.4
135.0
134.7
135.3
135.8
136.2
137.1
138.4
139.5
140.1
141.4
142.1

39.6
40.3
40.9
41.8
42.4
43.0
43.5
44.1
44.6
45.0
45.4
45.8

17.5
17.8
18.1
18.4
18.9
19.4
18.6
17.9
16.9
18.7
20.3
22.0

56.4
56.6
57.1
58.0
58.1
56.5
58.2
59.8
58.3
58.4
60.0
60.1

21.4
21.1
21.2
21.4
21.7
9.8
22.3
22.9
23.0
23.0
22.5
21.8

23.5
23.6
23.5
23.6
23.8
23.9
24.2
24.4
24.4
24.6
24.7
25.0

76.5
77.1
77.8
78.4
79.1
80.1
81.1
82.1
83.3
84.0
85.1
86.6

98.4
101.6
102.0
100.7
101.5
101.9
102.4
103.0
103.4
111.5
115.4
114.3

33.5
33.9
33.9
34.0
34.1
34.2
35.1
34.6
34.7
35.0
35.2
35.3

885.5
896.7
902.0
907.7
912.7
904.5
922.4
933.4
939.7
956.2
968.0
974.2

1972
January
February
March
May
July
September
October
November
December




Table 2.6.—Personal Income by Type of Income: Annually and Seasonally Adjusted Monthly Totals at Annual Rates, 1946-1976—Continued
[Billions of dollars]
Wage and salary disbursements
Commodity-producing
Year and month

Personal
income

All
industries

Total

Manufacturing

Distributive

Service

Government
and
government
enterprises

Other
labor
income

Proprietors' income
with inventory
valuation and
capital
consumption
adjustments
Farm

Nonfarm

Rental
income
of
persons
with
capital
consumption
adjustment

Personal
dividend
income

Personal
interest
income

Transfer
Payments

Less:
Personal
contributions
for
social
insurance

Addendum:
Total
nonfarm
income 1

1973
January
February
March
April
May
June
July
August
September
October
November
December

1,011.7
1,025.9
1,034.9
1,042.4
1,049.9
1,058.5
1,068.0
1,077.4
1,088.3
1,098.9
1,110.3
1,115.9

671.4
679.2
683.9
689.7
694.0
699.5
705.1
708.7
715.1
721.8
729.8
733.7

241.9
245.7
246.9
249.0
250.9
253.3
255.9
256.2
258.8
261.6
264.8
266.8

186.7
190.1
191.1
193.1
194.1
195.3
197.2
197.4
199.1
201.5
203.8
204.9

160.2
162.2
164.0
165.1
166.4
167.9
168.8
170.3
171.8
172.8
175.0
175.3

125.1
126.3
127.5
129.0
129.4
130.4
131.8
132.6
134.2
134.9
136.5
137.5

144.1
145.0
145.6
146.7
147.2
147.9
148.6
149.6
150.3
152.5
153.4
154.1

46.5
46.9
47.3
47.7
48.1
48.5
48.8
49.4
49.9
50.5
51.0
51.5

24.4
27.0
29.5
30.9
31.2
31.8
33.2
34.8
36.4
37.9
39.0
37.5

60.7
61.5
61.2
61.2
60.7
60.6
61.2
60.9
60.9
60.7
61.1
61.1

22.4
22.4
22.3
20.5
21.8
22.4
22.5
23.0
23.3
23.5
23.5
23.5

25.3
25.6
25.8
26.1
26.1
26.3
26.3
26.8
26.9
27.3
27.6
28.0

87.9
89.0
90.3
91.0
92.1
93.4
94.6
95.8
96.9
97.3
98.3
100.1

114.5
116.0
116.4
117.3
118.1
118.5
119.1
120.9
122.2
123.2
123.7
124.2

41.3
41.7
41.8
42.0
42.2
42.4
42.9
43.0
43.3
43.3
43.7
43.7

979.3
990.8
997.2
1,003.4
1,010.1
1,017.9
1,026.0
1,033.8
1,043.1
1,051.9
1,061.9
1,068.9

1974
January
February
March
April
May
June
July
August
September
October
November
December

1,118.4
1,124.6
1,131.6
1,142.1
1,157.1
1,168.6
1,181.9
1,186.6
1,193.7
1,204.5
1,204.2
1,209.9

736.7
740.9
745.0
749.9
759.2
767.8
774.1
776.0
781.3
788.1
784.5
785.3

266.6
268.2
269.4
270.5
274.2
276.4
276.9
279.7
281.0
282.4
276.4
274.8

204.4
204.7
206.2
207.3
210.7
212.7
214.3
215.4
216.7
217.8
215.1
211.4

177.1
177.6
178.7
180.8
183.1
184.6
186.4
187.0
189.3
190.2
190.2
189.7

138.2
139.5
140.6
141.5
143.8
146.0
146.6
147.7
148.8
150.1
151.1
152.7

154.8
155.6
156.3
157.1
158.1
160.8
164.2
161.7
162.1
165.3
166.9
168.1

52.3
52.6
53.1
53.9
54.6
55.3
56.1
56.9
57.7
58.5
59.2
60.0

34.6
32.3
29.6
28.r
26.4
25.0
24.7
24.2
23.6
23.5
23.3
22.4

60.1
60.6
61.5
61.8
62.1
62.1
63.0
63.5
63.1
62.9
63.2
63.1

23.3
23.4
23.4
21.7
24.0
24.0
23.7
23.8
23.8
23.8
23.8
23.8

28.2
28.2
28.5
28.7
29.1
29.4
29.5
29.4
29.7
29.7
29.6
28.8

101.3
103.5
106.3
109.2
111.8
114.1
115.0
116.1
116.7
118.0
118.1
118.4

128.4
129.9
131.0
135.9
137.5
138.9
144.3
145.3
146.5
149.1
151.2
156.8

46.5
46.8
46.9
47.1
47.6
48.0
48.5
48.5
48.7
49.0
48.7
48.7

1,074.1
1,082.8
1,092.3
1,103.9
1,120.4
1,133.0
1,146.8
1,151.9
1,159.5
1,170.3
1,170.1
1,176.7

1975
January
February
March
April
May
June
July
August
September
October
November
December

1,208.7
1,214.3
1,219.7
1,228.0
1,242.1
. 1,272.3
1,269.5
1,285.6
1,295.5
1,307.0
1,315.2
1,321.7

784.9
783.1
785.0
785.7
792.7
798.2
802.6
814.2
820.4
829.1
837.2
843.6

272.6
267.8
267.2
266.7
268.9
270.5
271.7
276.7
280.2
282.9
285.5
289.8

207.3
204.3
204.2
204.7
206.0
207.4
208.6
213.3
216.0
218.0
219.6
223.0

190.4
190.5
190.1
190.0
192.1
193.7
194.9
198.2
199.1
201.2
203.2
204.3

153.0
154.5
155.8
155.8
157.3
158.7
159.5
161.9
162.3
163.9
166.4
166.8

168.9
170.3
171.8
173.2
174.4
175.3
176.5
177.4
178.9
181.1
182.2
182.7

60.4
60.9
61.5
62.1
63.0
63.8
64.7
65.7
66.6
67.6
68.5
69.5

20.2
19.8
20.2
22.1
24.1
25.8
27.2
28.3
28.7
28.0
26.7
24.2

62.8
62.9
62.3
62.9
63.8
64.6
65.8
66.6
67.4
67.7
68.6
69.5

23.4
23.2
23.1
23.1
23.0
23.0
23.0
22.8
22.6
23.0
22.9
22.9

29.4
29.5
29.5
29.5
29.5
29.5
29.6
30.0
30.6
30.9
31.4
29.7

118.5
119.3
120.4
121.1
122.3
123.5
124.0
124.8
125.3
125.9
126.2
127.0

158.7
165.0
167.2
170.8
173.5
194.0
182.7
183.9
184.9
186.2
185.4
187.4

49.6
49.4
49.5
49.5
49.8
50.0
50.2
50.7
51.0
51.4
51.8
52.1

1,177.5
1,183.5
1,188.4
1,194.7
1,206.8
1,235.3
1,231.1
1,246.0
1,255.5
1,267.5
1,276.8
1,285.6

1976
January
February
March
April
May
June
July
August
September
October
November
December

1,338.6
1,350.8
1,356.2
1,365.8
1,375.0
1,380.2
1,394.3
1,404.8
1,413.5
1,422.6
1,440.5
1,452.1

855.7
862.6
867.1
874.0
881.4
883.9
891.1
899.1
904.8
910.3
920.9
928.3

295.6
297.8
299.8
302.0
304.5
304.8
307.9
310.3
312.1
313.0
318.2
321.0

227.2
229.7
231.6
233.2
235.4
236.1
238.2
240.1
241.5
241.7
246.1
248.3

207.7
209.5
210.5
212.5
214.4
215.1
216.9
219.2
221.4
221.7
224.0
226.0

168.8
170.7
171.3
173.3
175.4
176.2
177.6
180.3
181.3
182.9
184.6
186.4

183.6
184.6
185.5
186.3
187.2
187.7
188.6
189.3
189.9
192.7
194.1
194.8

70.5
71.5
72.4
73.4
74.4
75.4
76.4
77.3
78.3
79.2
80.3
81.2

22.5
22.0
21.6
21.0
20.5
20.0
17.7
17.1
16.7
16.8
16.8
16.4

70.7
72.1
72.9
73.8
74.0
74.6
74.7
75.1
76.1
76.8
79.1
80.1

23.0
23.1
23.1
23.3
23.2
21.7
23.4
23.6
23.8
24.1
24.5
25.1

32.5
33.7
34.2
35.2
36.5
36.8
37.3
37.6
37.9
38.5
38.9
39.0

127.9
128.5
129.4
129.7
130.2
131.5
132.6
134.0
135.3
135.9
136.9
138.3

189.6
191.4
189.9
190.0
189.7
191.5
196.7
196.9
196.9
197.3
200.2
201.1

53.8
54.1
54.3
54.6
55.0
55.1
55.6
56.0
56.2
56.5
57.0
57.4

1,304.0
1,316.6
1,322.4
1,332.4
1,341.8
1,347.5
1,363.7
1,374.7
1,383.6
1,392.5
1,410.4
1,422.3

1
Equals personal income less the following farm components: wages and salaries, other labor income, proprietors' income with inventory valuation and capital consumption adjustments, and
net interest. These components plus employer contributions for social insurance and farm corporate profits with inventory valuation and capital consumption adjustments equal income shown
annually in Table 1.18.




Table 2.7.—Personal Income and Its Disposition: Annually and Seasonally Adjusted Monthly Totals at Annual Rates, 1959-76
Billions of dollars

Disposable personal income

Less: Personal outlays
Year and month

Personal
income

Less:
Personal
tax and
nontax
payments

Equals:
Disposable
personal
income

Total

Personal
consumption
expenditures

Interest
paid by
consumers
to
business

Per capita
Personal
transfer
payments
to
foreigners
(net)

Equals:
Personal
saving

Total,
billions of
1972
dollars

Current
dollars

1972
dollars

Population
(mid—period,
thousands)

Personal
saving as
a percent
of
disposable
personal
income 1
(percent)

1959

384.4

46.0

338.4

317.3

310.8

6.1

.4

21.1

479.7

1,903

2,697

177,888

6.2

1960
1961
1962
1963
1964

402.3
417.8
443.6
466.2
499.2

50.4
52.1
56.8
60.3
58.6

352.0
365.8
386.8
405.9
440.6

332.3
342.7
363.5
384.0
411.0

324.9
335.0
355.2
374.6
400.5

7.0
7.3
7.8
8.8
9.9

.4
.4
.5
.6
.6

19.7
23.0
23.3
21.9
29.6

489.7
503.8
524.9
542.3
580.8

1,947
1,991
2,073
2,144
2,296

2,709
2,742
2,813
2,865
3,026

180,760
183,742
186,590
189,300
191,927

5.6
6.3
6.0
5.4
6.7

1965
1966
1967
1968
1969

540.7
588.2
630.0
690.6
754.7

64.9
74.5
82.1
97.2
115.7

475.8
513.7
547.9
593.4
638.9

442.1
477.7
503.6
551.5
598.3

430.4
465.1
490.3
536.9
581.8

11.1
12.0
12.5
13.8
15.6

.7
.7
.9
.8
.9

33.7
36.0
44.3
41.9
40.6

616.3
646.8
673.5
701.3
722.5

2,448
2,613
2,757
2,956
3,152

3,171
3,290
3,389
3,493
3,564

194,347
196,599
198,752
200,745
202,736

7.1
7.0
8.1
7.1
6.4

1970
1971
1972
1973
1974

811.1
868.4
951.4
1,065.2
1,168.6

115.8
116.7
141.0
150.7
170.2

695.3
751.8
810.3
914.5
998.3

639.5
691.1
757.7
835.5
913.2

621.7
672.2
737.1
812.0
888.1

16.7
17.7
19.5
22.3
24.1

1.1
1.1
1.1
1.3
1.0

55.8
60.7
52.6
79.0
85.1

751.6
779.2
810.'3
865.3
858.4

3,393
3,630
3,879
4,346
4,710

3,668
3,763
3,879
4,112
4,050

204,918
207,084
208,873
210,440
211,945

8.0
8.1
6.5
8.6
8.5

1975
1976

1,265.0
1,391.2

168.9
196.8

1,096.1
1,194.4

1,001.8
1,111.9

976.4
1,084.3

24.4
26.7

.9
.9

94.3
82.5

875.8
907.4

5,132
5,550

4,101
4,216

213,566
215,203

8.6
6.9

February
March
April
May
June
July
August
September
October
November
December

373.5
375.7
378.7
382.0
384.6
387.1
387.8
384.8
385.7
386.4
390.6
396.2

43.8
44.3
44.8
45.2
45.7
45.9
46.4
46.3
46.7
47.0
47.5
48.3

329.7
331.5
333.9
336.8
339.0
341.2
341.4
338.4
339.0
339.4
343.1
347.9

306.5
309.7
312.8
312.3
316.1
318.2
317.9
320.4
324.4
323.0
323.1
323.2

300.4
303.6
306.6
306.0
309.7
311.7
311.3
313.7
317.7
316.2
316.2
316.2

5.7
5.7
5.8
5.9
5.9
6.1
6.1
6.2
6.3
6.4
6.5
6.6

.4
.4
.4
.4
.4
.4
.4
.4
.5
.5
.5
.4

23.3
21.7
21.1
24.5
22.8
23.1
23.5
18.1
14.6
16.4
19.9
24.7

472.0
473.6
477.6
480.5
482.4
483.6
482.8
477.6
477.1
477.2
482.3
489.4

1,867
1,875
1,886
1,900
1,910
1,920
1,918
1,899
1,899
1,899
1,916
1,941

2,673
2,679
2,698
2,711
2,718
2,721
2,713
2,680
2,672
2,669
2,694
2,730

176,566
176,795
177,026
177,256
177,478
177,711
177,966
178,239
178,517
178,789
179,037
179,270

6.6
6.7
6.8
6.9
6.8
6.3
5.5
4.8
5.0
5.9
6.7

1960
January
February
March
April
May
June
July
August
September
October
November
December

397.4
397.6
397.9
401.5
403.0
403.3
403.8
404.1
404.8
406.1
405.6
403.2

48.8
49.3
49.8
50.1
50.4
50.4
50.5
50.8
50.9
51.2
51.2
51.0

348.6
348.3
348.2
351.4
352.6
352.9
353.3
353.3
353.9
354.9
354.5
352.2

324.0
325.9
330.8
337.3
331.0
331.3
332.6
333.0
334.9
337.0
337.0
333.1

317.0
318.8
323.6
330.0
323.7
323.9
325.2
325.5
327.3
329.3
329.3
325.3

6.6
6.7
6.8
6.9
6.9
7.0
7.1
7.1
7.1
7.2
7.2
7.2

.4
.4
.4
.4
.4
.4
.4
.4
.4
.4
.5
.5

24.6
22.4
17.4
14.1
21.6
21.6
20.7
20.3
19.0
18.0
17.5
19.1

490.1
488.0
486.4
489.1
491.6
492.1
491.7
490.5
490.3
491.0
489.2
486.6

1,942
1,938
1,935
1,951
1,955
1,954
1,954
1,951
1,951
1,954
1,948
1,933

2,730
2,716
2,704
2,716
2,726
2,726
2,720
2,709
2,703
2,703
2,689
2,671

179,492
179,693
179,898
180,115
180,333
180,558
180,808
181,092
181,383
181,662
181,919
182,165

6.9
6.2
5.1
5.0
5.4
6.0
5.9
5.7
5.4
5.1
5.1
5.5

1961
January
February
March
April
May
June
July
August
September
October
November
December

406.6
408.7
410.0
410.7
413.7
418.0
419.8
420.1
421.1
424.8
428.9
431.5

51.1
51.2
51.4
51.4
51.6
51.8
52.0
52.3
52.6
52.8
53.2
53.3

355.4
357.4
358.6
359.3
362.1
366.2
367.8
367.8
368.5
371.9
375.7
378.1

333.9
335.4
339.2
339.1
341.1
342.0
341.7
343.2
345.4
347.5
350.9
353.3

326.2
327.7
331.5
331.4
333.5
334.4
334.0
335.5
337.6
339.7
343.0
345.4

7.2
7.2
7.3
7.3
7.3
7.3
7.3
7.3
7.3
7.4
7.4
7.5

.5
.4
.4
.4
.4
.4
.4
.4
.4
.4
.4
.5

21.5
22.0
19.4
20.3
21.0
24.1
26.1
24.6
23.1
24.4
24.9
24.9

491.4
494.0
495.4
496.7
500.1
505.1
506.0
505.6
505.8
510.6
515.9
518.4

1,949
1,957
1,961
1,963
1,975
1,995
2,001
1,998
1,998
2,014
2,032
2,043

2,694
2,705
2,709
2,712
2,728
2,752
2,753
2,746
2,743
2,765
2,790
2,800

182,404
182,631
182,867
183,105
183,335
183,572
183,825
184,101
184,384
184,654
184,900
185,129

5.9
5.9
5.7
5.6
6.0
6.5
6.8
6.7
6.5
6.5
6.6
6.5

1962
January
February
March
April
May
June
July
August
September
October
November
December

431.3
434.4
438.1
440.8
441.8
443.2
444.8
446.0
448.3
449.4
451.7
453.7

53.9
54.2
54.8
55.7
56.2
56.9
57.2
57.7
58.1
58.6
59.2
59.5

377.3
380.2
383.3
385.1
385.5
386.3
387.6
388.3
390.2
390.8
392.4
394.2

353.8
354.5
357.9
359.6
362.7
361.3
362.3
364.0
369.8
367.8
373.1
375.2

345.9
346.6
349.9
351.6
354.5
353.0
354.0
355.5
361.4
359.2
364.4
366.4

7.5
7.4
7.5
7.6
7.7
7.8
7.9
8.0
8.0
8.0
8.1
8.3

.5
.5
.5
.5
.5
.5
.5
.5
.5
.5
.5
.5

23.5
25.7
25.4
25.5
22.8
25.1
25.3
24.4
20.4
23.1
19.4
19.1

516.5
519.1
522.2
523.9
523.9
524.7
527.0
527.0
526.3
527.9
529.1
530.8

2,036
2,049
2,063
2,071
2,071
2,072
2,077
2,077
2,085
2,085
2,091
2,098

2,787
2,798
2,811
2,817
2,814
2,815
2,823
2,819
2,812
2,816
2,819
2,825

185,347
185,551
185,762
185,981
186,201
186,426
186,664
186,924
187,191
187,449
187,685
187,905

6.5
6.5
6.7
6.4
6.3
6.3
6.4
6.0
5.8
5.4
5.2
5.1

1959




Table 2.7.—Personal Income and Its Disposition: Annually and Seasonally Adjusted Monthly Totals at Annual Rates, 1959-76—Continued
Disposable personal income

Billions of dollars

Per capita

Less: Personal outlays
Year and month

Personal
income

Less:
Personal
tax and
nontax
payments

Equals:
Disposable
personal
income

Total

Personal
consumption
expenditures

Interest
paid by
consumers
to business

Personal
transfer
payments
to
foreigners
(net)

Equals:
Personal
saving

Total,
billions of
1972
dollars

Current
dollars

1972
dollars

Population
(mid—period,
thousands)

Personal
saving as
a percent
of
disposable
personal
income 1
(percent)

1963
January
February
March
April
May
June
July
August
September
October
November
December

457.8
455.8
457.5
459.3
461.7
465.3
466.3
468.6
471.5
474.5
475.7
480.3

59.6
59.6
60.0
59.6
60.2
60.4
60.5
60.5
60.6
60.7
60.8
61.3

398.2
396.2
397.5
399.6
401.5
404.9
405.9
408.1
410.9
413.9
414.9
419.0

376.2
375.2
376.9
378.3
379.2
383.7
386.4
388.3
387.5
388.0
391.4
396.6

367.3
366.3
367.9
369.2
370.0
374.4
377.0
378.7
377.8
378.3
381.6
386.6

8.3
8.3
8.4
8.5
8.7
8.8
8.9
9.0
9.1
9.2
9.3
9.4

.6
.6
.6
.6
.5
.5
.5
.6
.6
.6
.6
.6

22.0
20.9
20.6
21.4
22.3
21.2
19.4
19.8
23.4
25.8
23.5
22.4

535.0
531.8
533.8
536.6
538.1
541.5
541.8
544.3
547.5
550.9
551.1
555.2

2,117
2,104
2,109
2,118
2,125
2,141
2,143
2,152
2,164
2,176
2,180
2,199

2,844
2,824
2,832
2,844
2,849
2,863
2,861
2,870
2,883
2,897
2,895
2,914

188,113
188,300
188,484
188,685
188,904
189,130
189,369
189,629
189,895
190,147
190,369
190,570

5.2
5.3
5.3
5.4
5.4
5.2
5.0
5.1
5.6
5.9
5.8
5.5

1964
January
February
March
April
May
June
July
August
September
October
November
December

483.4
485.7
488.3
491.8
495.1
497.7
500.5
504.4
507.2
507.8
511.4
517.3

61.8
62.7
54.6
55.5
56.3
56.8
57.5
58.5
59.0
59.5
60.1
61.0

421.5
423.0
433.7
436.3
438.8
440.9
442.9
446.0
448.2
448.3
451.2
456.3

398.0
401.2
402.6
403.6
409.1
412.0
415.3
417.9
.416.6
419.4
416.0
420.6

388.0
391.2
392.6
393.4
398.7
401.5
404.6
407.2
405.8
408.5
405.0
409.4

9.4
9.4
9.5
9.6
9.8
9.9
10.0
10.1
10.2
10.3
10.3
10.5

.6
.6
.6
.6
.6
.6
.6
.6
.6
.6
.7
.7

23.5
21.8
31.0
32.7
29.7
28.9
27.7
28.0
31.6
28.9
35.2
35.7

557.6
559.4
573.6
576.8
580.0
581.8
583.5
587.3
589.4
589.0
592.6
598.8

2,210
2,215
2,269
2,280
2,291
2,299
2,307
2,320
2,328
2,326
2,339
2,363

2,923
2,930
3,001
3,014
3,028
3,034
3,039
3,055
3,062
3,056
3,071
3,101

190,763
190,953
191,146
191,346
191,557
191,778
192,010
192,254
192,504
192,739
192,943
193,131

5.4
6.0
6.6
7.1
6.9
6.5
6.4
6.5
6.6
7.1
7.4
7.7

1965
January
February
March
April
May
June
July
August
September
October
November
December

521.6
522.0
524.9
528.7
533.7
537.8
540.6
542.7
557.5
554.6
559.4
564.2

63.6
63.8
64.9
66.6
64.3
65.4
64.1
64.0
64.7
64.8
65.6
66.9

458.1
458.1
460.1
462.1
469.4
472.5
476.6
478.7
492.8
489.8
493.8
497.3

423.9
430.8
432.7
436.5
437.0
434.6
440.2
443.4
450.9
457.3
457.8
460.3

412.8
419.6
421.4
424.9
425.3
422.8
428.3
431.5
438.9
445.2
445.7
448.1

10.5
10.6
10.6
10.8
11.0
11.2
11.2
11.3
11.3
11.4
11.4
11.5

.6
.6
.6
.7
.7
.7
.7
.7
.7
.7
.7
.7

34.2
27.4
27.4
25.7
32.5
37.8
36.4
35.3
41.9
32.6
36.0
37.0

600.1
598.8
599.2
601.1
609.3
611.8
616.4
618.6
635.6
631.3
635.2
637.7

2,370
2,368
2,376
2,385
2,420
2,433
2,451
2,459
2,529
2,511
2,529
2,544

3,104
3,095
3,094
3,102
3,141
3,150
3,170
3,178
3,261
3,236
3,253
3,263

193,308
193,467
193,625
193,799
193,988
194,195
194,416
194,645
194,879
195,096
195,284
195,456

7.1
6.5
5.8
6.1
6.8
7.5
7.7
7.8
7.5
7.5
7.1
7.2

1966
January
February
March
April
May
June
July
August
September
October
November
December

566.5
572.0
575.8
578.2
580.6
585.4
589.0
594.1
599.2
602.5
606.6
608.2

68.1
69.2
70.5
72.4
73.7
74.7
75.4
76.0
76.8
77.8
79.3
79.9

498.4
502.8
505.3
505.8
506.9
510.8
513.6
518.1
522.5
524.7
527.3
528.3

463.6
468.6
473.2
475.0
471.0
473.5
478.5
481.2
486.8
485.6
487.0
488.9

451.4
456.3
460.9
462.5
458.4
460.8
465.8
468.4
474.1
472.7
474.1
475.9

11.6
11.7
11.7
11.8
11.9
12.0
12.0
12.0
12.1
12.2
12.3
12.3

.6
.6
.6
.6
.7
.7
.7
.7
.7
.7
.6
.6

34.8
34.2
32.1
30.8
35.9
37.3
35.1
37.0
35.6
39.1
40.3
39.4

637.8
640.3
641.2
640.1
641.2
644.9
647.0
649.3
652.5
654.2
656.7
656.7

2,548
2,568
2,579
2,579
2,582
2,600
2,612
2,632
2,651
2,659
2,670
2,673

3,260
3,271
3,273
3,264
3,267
3,282
3,290
3,298
3,311
3,316
3,325
3,323

195,614
195,760
195,915
196,089
196,275
196,466
196,661
196,873
197,096
197,303
197,485
197,654

7.1
6.7
6.4
6.5
6.8
7.1
7.1
6.9
7.1
7.3
7.5
7.6

1967
January
February
March
April
May
June
July
August
September
October
November
December

613.5
614.4
618.5
619.8
622.4
626.8
631.5
635.9
638.1
639.8
646.1
653.2

80.4
80.2
79.9
79.5
79.7
80.5
82.0
83.3
84.2
84.2
85.0
86.0

533.1
534.2
538.6
540.2
542.7
546.3
549.5
552.6
554.0
555.6
561.0
567.2

491.4
490.5
493.3
498.7
499.6
504.8
503.6
506.5
511.9
508.4
513.4
520.9

478.4
477.5
480.2
485.6
486.3
490.6
490.3
493.2
498.6
495.1
500.0
507.4

12.3
12.3
12.3
12.3
12.4
12.4
12.4
12.5
12.5
12.6
12.7
12.7

' .7
.7
.8
.8
.9
1.8
.9
.8
.7
.7
.7
.8

41.6
43.7
45.3
41.5
43.1
41.5
45.8
46.1
42.1
47.2
47.6
46.3

662.7
664.0
668.5
669.4
670.8
672.9
674.8
677.0
676.9
677.0
681.4
686.5

2,695
2,698
2,718
2,725
2,735
2,751
2,764
2,777
2,781
2,786
2,811
2,840

3,350
3,354
3,374
3,376
3,380
3,388
3,394
3,402
3,398
3,395
3,414
3,437

197,814
197,965
198,122
198,287
198,452
198,627
198,812
199,012
199,212
199,405
199,578
199,733

7.8
8.1
8.1
8.0
7.7
8.0
8.1
8.1
8.1
8.2
8.4
8.1

1968
January
February
March
April
May
June
July
August
September
October
November
December

656.3
663.7
671.2
676.1
683.1
688.8
695.1
700.6
705.6
710.6
715.8
720.4

86.9
88.2
88.7
90.3
91.9
92.9
99.0
102.1
106.0
105.5
106.9
107.9

569.5
575.5
582.4
585.8
591.2
596.0
596.1
598.4
599.7
605.1
608.9
612.4

526.4
528.8
539.2
538.6
544.2
550.6
557.6
561.5
562.7
566.0
571.0
571.0

512.8
515.0
525.1
524.4
529.9
536.1
542.9
546.5
547.7
550.8
555.6
555.5

12.9
13.1
13.2
13.4
13.5
13.7
13.9
14.0
14.1
14.3
14.5
14.6

.8
.8
.8
.8
.8
.8
.9
.9
.9
.9
.8
.8

43.0
46.7
43.3
47.1
46.9
45.4
38.4
37.0
37.0
39.1
38.0
41.5

685.4
690.3
695.8
698.2
701.8
706.4
704.2
704.5
703.1
706.5
708.5
710.6

2,849
2,878
2,910
2,925
2,949
2,971
2,968
2,977
2,981
3,005
3,021
3,037

3,429
3,451
3,477
3,486
3,501
3,521
3,507
3,505
3,495
3,508
3,515
3,523

199,864
199,988
200,132
200,285
200,449
200,621
200,802
200,997
201,193
201,378
201,544
201,691

7.9
7.7
7.9
7.8
7.9
7.3
6.7
6.3
6.3
6.3
6.5
6.3




Table 2.7.—Personal Income and Its Disposition: Annually and Seasonally Adjusted Monthly Totals at Annual Rates, 1959-76—Continued
Billions of dollars

Disposable personal income

Less: Personal outlays
Year and month

Personal
income

Less:
Personal
tax and
nontax
payments

Equals:
Disposable
personal
income

Total

Personal
consumption
expenditures

Per capita

Interest
paid by
consumers
to business

Personal
transfer
payments
to
foreigners
(net)

Equals:
Personal
saving

Total,
billions of
1972
dollars

Current
dollars

1972
dollars

Population
(mid —period,
thousands)

Personal
saving as
a percent
of
disposable
personal
income 1
(percent)

1969
January
February
March
April
May
June
July
August
September
October
November
December

723.8
729.9
736.3
742.1
747.0
752.3
759.0
765.1
769.5
773.3
776.0
781.8

110.0
113.8
116.6
120.2
116.1
114.5
114.4
115.4
116.4
116.7
116.9
117.9

613.9
616.2
619.7
621.8
630.9
637.8
644.6
649.7
653.1
656.6
659.2
663.9

577.8
583.3
583.6
588.8
595.2
596.0
597.7
604.7
608.0
613.1
614.9
617.0

562.2
567.4
567.6
572.5
578.8
579.3
581.0
587.9
591.0
596.0
597.7
599.7

14.8
15.0
15.1
15.3
15.5
15.6
15.7
15.8
16.0
16.1
16.2
16.3

.8
.8
.8
1.0
1.0
1.0
1.0
.9
.9
.9
1.0
1.0

36.0
32.9
36.1
33.0
35.7
41.8
46.9
45.0
45.1
43.5
44.2
46.9

709.5
710.5
711.3
710.3
718.0
722.0
727.4
730.6
731.4
732.7
731.8
734.0

3,042
3,051
3,066
3,075
3,117
3,148
3,179
3,201
3,214
3,228
3,238
3,258

3,515
3,518
3,520
3,512
3,547
3,564
3,587
3,599
3,600
3,602
3,595
3,602

201,821
201,952
202,092
202,246
202,419
202,592
202,777
202,984
203,196
203,401
203,588
203,762

6.0
5.7
5.5
5.6
5.8
6.5
6.9
7.0
6.8
6.7
6.8
6.8

1970
January
February
March
April
May
June
July
August
September
October
November
December

783.3
788.1
793.3
812.8
808.7
809.7
814.3
819.2
824.4
823.0
825.0
831.2

116.3
116.6
117.4
118.5
117.1
118.6
113.1
113.2
114.1
114.3
115.2
115.3

667.0
671.5
676.0
694.3
691.6
691.2
701.2
706.0
710.3
708.7
709.8
716.0

622.6
627.5
625.8
629.3
635.4
639.1
641.1
645.5
651.4
650.5
648.4
657.3

605.2
610.0
608.2
611.7
617.7
621.3
623.3
627.6
633.4
632.5
630.4
639.2

16.4
16.4
16.5
16.5
16.6
16.6
16.7
16.8
16.9
16.9
16.9
17.0

1.1
1.1
1.1
1.1
1.1
1.1
1.1
1.1
1.1
1.1
1.1
1.1

44.4
44.0
50.2
65.0
56.2
52.1
60.1
60.5
58.9
58.1
61.4
58.6

734.9
736.9
740.3
756.9
751.5
749.2
757.7
760.7
762.1
756.3
754.5
757.8

3,271
3,290
3,310
3,395
3,378
3,372
3,418
3,437
3,454
3,442
3,443
3,470

3,604
3,611
3,625
3,701
3,671
3,656
3,693
3,703
3,705
3,673
3,660
3,672

203,929
204,082
204,246
204,504
204,719
204,941
205,174
205,418
205,664
205,906
206,131
206,352

6.8
6.9
7.8
8.3
8.3
8.1
8.2
8.5
8.4
8.4
8.3
8.4

1971
January
February
March
April
May
June
July
August
September
October
November
December

840.4
843.8
850.1
854.2
859.2
879.0
869.4
875.9
878.7
882.1
888.6
900.0

111.1
112.2
112.8
114.1
114.9
115.5
116.0
117.0
118.3
119.9
123.6
125.0

729.3
731.5
737.3
740.1
744.3
763.5
753.4
759.0
760.4
762.2
765.1
775.0

668.1
671.2
673.8
680.5
682.4
691.0
690.0
695.7
704.0
706.6
711.4
718.3

650.0
653.0
655.5
662.0
663.8
672.3
671.1
676.7
684.8
687.2
691.9
698.6

17.1
17.2
17.3
17.5
17.5
17.6
17.7
17.9
18.0
18.2
18.4
18.5

1.1
1.0
1.0
1.1
1.1
1.1
1.1
1.2
1.2
1.2
1.2
1.2

61.1
60.3
63.5
59.6
61.9
72.6
63.4
63.2
56.4
55.6
53.6
56.7

769.6
770.2
773.4
773.6
775.0
791.1
778.3
781.6
782.2
782.2
783.4
790.1

3,530
3,538
3,563
3,573
3,589
3,678
3,626
3,649
3,652
3,657
3,667
3,711

3,725
3,725
3,737
3,734
3,738
3,811
3,746
3,758
3,757
3,753
3,755
3,783

206,567
206,762
206,960
207,163
207,361
207,562
207,771
207,998
208,230
208,450
208,648
208,829

8.3
8.4
8.3
8.3
8.6
8.7
8.8
8.1
7.7
7.2
7.2
7.1

1972
January
February
March
April
May
June
July
August
September
October
November
December

910.1
921.7
927.4
933.2
938.9
931.0
948.3
958.7
964.2
982.5
996.1
1,004.1

134.7
137.7
140.3
141.2
139.1
139.3
139.9
141.7
142.9
144.5
145.4
145.7

775.4
784.0
787.1
792.0
799.8
791.7
808.4
817.0
821.3
838.0
850.7
858.4

722.4
726.6
739.4
742.9
748.5
751.8
759.5
765.7
770.1
783.3
788.7
793.5

702.7
706.8
719.4
722.7
728.1
731.1
738.7
744.8
749.1
762.1
767.2
771.8

18.6
18.7
18.9
19.1
19.3
19.5
19.6
19.8
20.0
20.1
20.4
20.6

1.1
1.1
1.1
1.1
1.1
1.1
1.1
1.1
1.1
1.1
1.1
1.1

53.0
57.4
47.7
49.1
51.3
40.0
48.9
51.3
51.2
54.7
62.0
65.0

788.1
793.1
794.9
798.2
803.7
794.1
808.2
814.2
814.9
829.8
839.9
844.5

3,710
3,749
3,761
3,781
3,815
3,774
3,850
3,887
3,904
3,980
4,037
4,070

3,771
3,792
3,798
3,811
3,834
3,785
3,849
3,874
3,873
3,941
3,985
4,004

208,989
209,137
209,299
209,466
209,635
209,811
209,986
210,177
210,379
210,568
210,739
210,903

7.2
6.7
6.5
6.2
5.9
5.8
5.8
6.2
6.3
6.7
7.1
7.2

1973
January
February
March
April
May
June
July
August
September
October
November
December

1,011.7
1,025.9
1,034.9
1,042.4
1,049.9
1,058.5
1,068.0
1,077.4
1,088.3
1,098.9
1,110.3
1,115.9

147.8
144.8
143.3
143.7
147.7
149.1
150.7
152.7
154.3
155.8
158.4
159.9

863.9
881.1
891.6
898.8
902.2
909.4
917.3
924.7
934.0
943.2
951.9
955.9

804.5
812.9
819.1
821.1
827.3
829.2
839.4
839.5
854.0
853.2
863.6
862.6

782.6
790.7
796.7
798.4
804.3
805.9
815.9
815.8
830.2
829.1
836.9
836.8

21.0
21.2
21.5
21.8
22.0
22.3
22.5
22.7
22.9
23.1
23.3
23.4

.9
.9
.9
.9
1.0
1.0
1.0
.9
.9
.9
3.4
2.3

59.4
68.2
72.5
77.7
74.9
80.2
77.9
85.2
80.0
90.0
88.2
93.3

846.1
858.2
862.3
863.2
861.7
863.9
868.9
865.3
872.2
874.5
875.5
872.1

4,093
4,172
4,219
4,249
4,263
4,293
4,327
4,358
4,398
4,437
4,475
4,491

4,009
4,064
4,080
4,081
4,071
4,078
4,099
4,078
4,107
4,114
4,116
4,097

211,053
211,187
211,337
211,499
211,662
211,828
212,001
212,191
212,382
212,555
212,710
212,859

7.4
7.6
8.2
8.4
8.6
8.5
8.8
8.8
9.1
9.1
9.5
9.4

1974
January
February
March
April
May
June
July
August
September
October
November
December

1,118.4
1,124.6
1,131.6
1,142.1
1,157.1
1,168.6
1,181.9
1,186.6
1,193.7
1,204.5
1,204.2
1,209.9

159.5
160.9
162.5
164.5
167.2
170.2
173.1
174.6
176.2
178.2
177.8
178.3

958.9
963.7
969.1
977.6
989.9
998.4
1,008.7
1,012.0
1,017.4
1,026.3
1,026.3
1,031.7

870.9
875.7
886.7
895.0
905.2
910.8
921.2
937.4
937.6
941.1
936.8
940.3

846.0
851.0
862.0
870.1
880.2
885.6
895.9
912.0
912.3
915.7
911.4
915.0

23.5
23.7
23.7
23.8
24.0
24.1
24.3
24.4
24.4
24.4
24.4
24.3

1.3
.9
.9
1.0
1.0
1.1
1.1
1.0
.9
1.0
1.0
1.0

88.1
88.0
82.5
82.6
84.7
87.6
87.5
74.7
79.8
85.2
89.5
91.3

866.4
860.6
856.6
858.6
861.0
862.2
865.3
859.8
855.3
855.9
850.0
849.3

4,502
4,521
4,544
4,580
4,634
4,670
4,715
4,726
4,747
4,784
4,780
4,802

4,068
4,038
4,016
4,023
4,031
4,033
4,045
4,015
3,990
3,989
3,959
3,953

213,003
213,143
213,286
213,437
213,600
213,770
213,948
214,144
214,349
214,538
214,704
214,857

9.4
8.9
8.7
8.5
8.6
8.7
8.3
8.0
7.8
8.3
8.6
8.4




Table 2.7.—Personal Income and Its Disposition: Annually and Seasonally Adjusted Monthly Totals at Annual Rates, 1959-76—Continued
Billions of dollars

Disposable personal income

Less: Personal outlays
rsonal
icome

Less:
Personal
tax and
nontax
payments

Equals:
Disposable
personal
income

Total

Personal
consumption
expenditures

Per capita

Interest
paid by
consumers
to business

Personal
transfer
payments
to
foreigners
(net)

Equals:
Personal
saving

Total,
billions of
1972
dollars

Current
dollars

1972
dollars

Population
(mid—period,
thousands)

1,208.7
1,214.3
1,219.7
1,228.0
1,242.1
1,272.3
1,269.5
1,285.6
1,295.5
1,307.0
1,315.2
1,321.7

1,029.7
1,035.7
1,040.4
1,068.2
1,142.2
1,105.1
1,097.9
1,110.8
1,119.5
1,128.8
1,134.9
1,139.7

952.1
964.1
964.9
969.6
991.3
998.5
1,010.7
1,017.5
1,024.4
1,029.2
1,042.3
1,056.6

926.8
938.8
939.8
944.6
966.4
973.7
985.5
992.1
998.9
1,003.6
1,016.5
1,030.7

24.3
24.4
24.2
24.2
24.1
24.1
24.3
24.4
24.5
24.7
24.9
25.1

1.0
1.0
.9
.8
.8
.8
.9
1.0
1.0
.9
.9
.9

77.6
71.5
75.5
98.6
150.9
106.6
87.2
93.3
95.0
99.6
92.7
83.1

844.3
846.5
846.8
865.9
923.1
887.5
874.0
879.7
883.8
886.0
886.9
885.3

4,789
4,814
4,833
4,958
5,297
5,119
5,081
5,136
5,171
5,209
5,234
5,252

3,927
3,935
3,933
4,019
4,281
4,111
4,045
4,067
4,083
4.089
4.090
4,080

214,998
215,132
215,276
215,438
215,646
215,871
216,084
216,294
216,490
216,679
216,851
217,013

1,338.6
1,350.8
1,356.2
1,365.8
1,375.0
1,380.2
1,394.3
1,404.8
1,413.5
1,422.6
1,440.5
1,452.1
1

179.0
178.6
179.3
159.8
99.9
167.3
171.7
174.8
176.0
178.2
180.3
181.9
184.2
184.9
185.3
190.3
193.2
195.2
198.3
201.1
203.3
205.7
209.1
211.5

1,154.4
1,165.9
1,170.9
1,175.5
1,181.8
1,185.0
1,196.0
1,203.7
1,210.2
1,216.8
1,231.5
1,240.6

1,071.6
1,071.8
1,079.4
1,090.7
1,087.1
1,105.1
1,113.0
1,121.0
1,132.5
1,140.8
1,153.8
1,175.7

1,045.3
1,045.3
1,052.7
1,063.8
1,060.0
1,077.7
1,085.4
1,093.1
1,104.2
1,112.2
1,125.0
1,146.5

25.3
25.5
25.7
26.0
26.2
26.5
26.8
27.0
27.4
27.6
27.9
28.3

1.0
1.0
1.0
.9
.9
.9
.9
.9
.9
.9
.9
.9

82.8
94.1
91.5
84.9
94.7
80.0
83.0
82.7
77.7
76.1
77.6
64.9

893.8
902.5
904.5
905.0
905.2
903.9
908.9
909.7
909.9
909.6
916.5
919.3

5,315
5,365
5,385
5,402
5,427
5,437
5,483
5,513
5,538
5,563
5,625
5,663

4,116
4,153
4,160
4,159
4.157
4,147
4,167
4,167
4,163
4.158
4,186
4,196

217,172
217,315
217,455
217,607
217,773
217,948
218,134
218,337
218,542
218,739
218,920
219,093

Monthly estimates equal the three-month moving average of personal saving as a percentage of the three-month moving average of disposable personal income.




Table 2.8.—Personal Consumption Expenditures by Major Type of Product: Annually, and Seasonally Adjusted Monthly Totals at Annual Rates,
1959-76
[Billions of dollars]
Nondurable goods

Durable goods
Year and month

Personal
consumption
expenditures

Total

Motor
vehicles
and parts

Furniture and
household
equipment

Other

Total

Food

Clothing
and
shoes

Services

Gasoline
and oil

Other

Total

Housing

Household
operation

Transportation

Other

1959

310.8

42.4

18.9

17.8

5.8

146.4

79.1

26.1

11.3

29.9

121.9

45.0

18.5

10.1

48.3

1960
1961
1962
1963
1964

324.9
335.0
355.2
374.6
400.5

43.1
41.6
46.7
51.4
56.4

19.7
17.8
21.5
24.4
26.1

17.7
17.9
18.9
20.3
22.8

5.8
5.8
6.3
6.7
7.6

151.1
155.3
161.6
167.1
176.9

81.1
83.2
85.5
87.8
92.7

26.7
27.4
28.7
29.5
31.9

12.0
12.0
12.6
12.9
13.5

31.3
32.7
34.8
36.8
38.7

130.7
138.1
147.0
156.1
167.1

48.1
51.2
54.7
58.0
61.4

20.1
21.0
22.2
23.4
24.8

10.7
11.2
11.7
12.2
12.8

51.7
54.8
58.3
62.5
68.1

1965
1966
1967
1968
1969

430.4
465.1
490.3
536.9
581.8

63.0
68.0
70.1
80.5
85.7

30.0
30.4
30.1
36.3
38.7

24.7
27.7
29.5
32.3
34.1

8.3
9.9
10.5
11.8
13.0

188.6
204.7
212.6
230.6
247.8

98.9
106.6
109.6
118.7
127.5

33.5
36.6
38.2
42.1
45.5

14.7
16.0
17.0
18.6
20.7

41.6
45.6
47.8
51.1
54.1

178.7
192.4
207.6
225.8
248.2

65.5
69.5
74.1
79.8
87.0

26.3
28.0
30.0
32.2
35.0

13.7
15.0
16.2
17.6
19.5

73.3
79.9
87.2
96.2
106.8

1970
1971
1972
1973
1974

621.7
672.2
737.1
812.0
888.1

85.2
97.2
111.1
123.3
121.5

36.2
45.4
52.4
57.1
50.4

35.2
37.2
41.7
47.1
50.6

13.9
14.6
16.9
19.2
20.5

265.7
278.8
300.6
333.4
373.4

138.9
144.2
154.9
172.1
193.7

46.8
50.6
55.4
61.4
64.8

22.4
23.9
25.4
28.6
36.6

57.6
60.1
64.9
71.2
78.2

270.8
296.2
325.3
355.2
393.2

93.9
102.7
112.5
123.8
137.4

37.7
41.0
45.2
49.6
55.2

22.0
25.1
27.5
28.8
30.9

117.2
127.4
140.1
153.0
169.8

1975
1976

976.4
1,084.3

132.2
156.8

55.8
72.6

53.5
59.1

22.9
25.2

407.3
441.7

213.6
230.6

69.6
75.3

40.4
44.0

83.7
91.9

437.0
485.7

149.8
166.5

63.3
71.6

33.2
38.6

190.7
209.0

300.4
303.6
306.6
306.0
309.7
311.7
311.3
313.7
317.7
316.2
316.2
316.2

39.9
41.8
42.0
42.7
42.9
43.5
43.0
43.7
44.9
42.3
42.2
40.3

17.0
18.5
19.0
19.5
19.4
19.4
19.4
20.0
21.1
18.3
18.4
16.5

17.2
17.5
17.3
17.5
17.7
18.3
17.8
18.0
18.0
18.1
18.0
17.9

5.7
5.7
5.7
5.7
5.8
5.8
5.7
5.8
5.8
5.9
5.8
5.9

143.3
143.9
145.8
143.7
146.4
146.8
146.0
146.7
148.6
148.8
148.0
149.3

78.9
78.7
77.3
77.2
78.8
79.6
79.1
79.3
80.1
80.0
79.3
81.1

25.1
25.9
25.6
25.4
26.7
26.7
26.1
25.9
26.6
26.5
26.3
26.7

10.7
11.0
11.1
11.1
11.3
11.2
11.2
11.3
11.2
11.8
11.6
11.7

28.6
28.3
31.8
30.0
29.7
29.4
29.6
30.3
30.7
30.5
30.7
29.8

117.1
117.9
118.8
119.6
120.4
121.4
122.3
123.3
124.2
125.0
125.9
126.6

43.3
43.6
43.9
44.2
44.5
44.8
45.1
45.4
45.8
46.1
46.4
46.6

17.8
17.9
18.0
18.2
18.3
18.4
18.6
18.8
18.9
19.0
19.1
19.3

9.7
9.7
9.8
9.9
10.0
10.1
10.2
10.3
10.3
10.4
10.5
10.5

46.3
46.6
47.0
47.4
47.7
48.1
48.4
48.8
49.1
49.6
50.0
50.2

317.0
318.8
323.6
330.0
323.7
323.9
325.2
325.5
327.3
329.3
329.3
325.3

40.7
43.3
44.9
46.5
43.2
42.0
42.3
43.2
44.7
44.1
42.5
39.8

17.0
19.5
21.7
22.0
19.8
18.3
19.0
20.2
21.5
20.5
19.5
17.0

17.8
18.0
17.5
18.5
17.7
17.9
17.5
17.4
17.4
17.8
17.2
17.1

5.9
5.8
5.7
6.0
5.7
5.8
5.8
5.7
5.7
5.8
5.8
5.7

148.9
147.5
150.0
153.9
150.1
151.3
152.0
151.2
150.9
152.6
153.3
151.5

79.8
79.1
80.5
82.0
81.4
81.2
81.9
80.9
80.7
81.4
82.9
81.5

27.3
26.5
26.2
28.2
26.0
26.8
26.8
26.7
26.4
27.2
26.5
26.1

11.5
11.5
11.6
12.2
11.8
12.1
12.0
12.1
12.3
12.0
12.3
12.1

30.4
30.5
31.6
31.5
30.8
31.1
31.4
31.5
31.5
32.1
31.7
31.8

127.3
128.0
128.7
129.6
130.4
130.6
130.8
131.0
131.7
132.6
133.4
134.0

46.9
47.1
47.2
47.4
47.6
47.9
48.1
48.4
48.7
49.1
49.4
49.6

19.4
19.6
19.8
19.9
20.0
20.1
20.1
20.2
20.3
20.4
20.5
20.6

10.6
10.6
10.6
10.6
10.7
10.7
10.7
10.8
10.8
10.9
10.9
10.9

50.4
50.7
51.1
51.6
52.1
52.0
51.8
51.7
51.9
52.2
52.6
52.8

326.2
327.7
331.5
331.4
333.5
334.4
334.0
335.5
337.6
339.7
343.0
345.4

39.1
39.4
40.6
40.2
40.8
41.2
41.5
41.9
42.3
42.9
44.0
45.0

16.2
16.4
17.1
17.0
17.2
17.5
17.7
18.0
18.3
18.8
19.5
20.4

17.2
17.3
17.8
17.5
17.8
17.9
18.0
18.1
18.2
18.3
18.5
18.6

5.7
5.7
5.7
5.6
5.8
5.8
5.8
5.8
5.9
5.9
6.0
6.0

152.8
153.6
155.2
154.3
154.7
155.0
154.3
155.2
156.1
156.4
157.5
158.2

82.8
82.9
83.3
83.4
83.0
83.2
82.2
83.2
83.6
83.5
83.4
84.2

26.1
26.7
27.8
26.4
27.3
27.5
27.4
27.4
27.5
28.0
28.3
28.2

12.1
12.0
11.9
11.9
11.7
11.9
11.9
12.0
12.2
11.9
12.2
12.0

31.8
32.0
32.3
32.6
32.6
32.5
32.8
32.5
32.8
33.0
33.6
33.8

134.3
134.8
135.7
136.9
137.9
138.2
138.2
138.3
139.2
140.4
141.5
142.2

49.8
50.0
50.2
50.5
50.7
51.0
51.2
51.5
51.8
52.1
52.5
52.7

20.6
20.6
20.7
20.9
21.0
21.0
20.9
20.8
21.0
21.3
21.5
21.7

10.9
11.0
11.0
11.1
11.1
11.2
11.2
11.2
11.3
11.4
11.4
11.5

53.0
53.2
53.8
54.4
55.1
55.1
54.9
54.8
55.1
55.6
56.1
56.3

345.9
346.6
349.9
351.6
354.5
353.0
354.0
355.5
361.4
359.2
364.4
366.4

44.8
44.7
45.5
45.6
46.8
46.4
46.4
46.2
47.7
46.3
49.3
50.8

20.2
20.5
20.7
20.9
21.6
21.8
21.3
21.0
21.6
20.7
23.4
24.6

18.5
18.2
18.7
18.6
18.9
18.5
18.8
19.0
19.7
19.1
19.5
19.5

6.1
6.0
6.1
6.1
6.2
6.2
6.3
6.3
6.5
6.4
6.4
6.6

158.5
158.8
160.5
160.8
161.4
159.6
160.2
161.4
165.0
163.3
164.6
164.5

84.0
84.7
84.8
84.7
85.3
84.9
85.1
85.8
87.0
86.2
86.7
86.2

28.3
27.7
28.6
29.0
29.0
27.9
28.3
28.4
29.8
28.9
29.2
29.3

12.1
12.4
12.4
12.5
12.5
12.5
12.3
12.5
12.7
13.0
12.8
13.1

34.1
34.0
34.6
34.6
34.6
34.4
34.5
34.6
35.4
35.2
35.8
35.9

142.6
143.1
144.0
145.2
146.3
146.9
147.4
147.9
148.7
149.7
150.6
151.1

52.9
53.1
53.5
53.8
54.2
54.5
54.9
55.2
55.6
56.0
56.4
56.6

21.9
22.0
22.0
21.9
21.8
22.0
22.1
22.3
22.5
22.6
22.7
22.9

11.5
11.5
11.6
11.7
11.8
11.8
11.8
11.8
11.8
11.8
11.9
11.9

56.3
56.4
57.0
57.8
58.5
58.6
58.6
58.6
58.9
59.3
59.6
59.7

1959
January
February
March
April
May
July
August
September
October
November
December
1960
January
February
March
April
July
August
September
November
December
1961
January
February
March
May
July
August
September
November
December
1962
January
February
March
April
May
July
August
September
October
November
December




Table 2.8.—Personal Consumption Expenditures by Major Type of Product: Annually, and Seasonally Adjusted Monthly Totals at Annual Rates,
1959-76—Continued
[Billions of dollars]

Year and month

1963

Total

Motor
vehicles
and parts

Services

Nondurable goods

Durable goods
Personal
consumption
expenditures

Furniture and
household
equipment

Other

Total

Food

Clothing
and
shoes

Gasoline
and oil

Other

Total

Housing

Household
operation

Transportation

Other

March
April
May
June
July
August
September
October
November
December

367.3
366.3
367.9
369.2
370.0
374.4
377.0
378.7
377.8
378.3
381.6
386.6

50.3
49.7
49.5
50.4
50.7
52.2
52.6
51.2
51.7
51.3
52.8
54.6

24.2
23.6
23.1
23.8
24.1
25.3
25.3
24.0
24.3
23.7
25.4
26.4

19.7
19.6
19.8
20.0
19.9
20.2
20.5
20.5
20.6
20.9
20.6
21.2

6.5
6.5
6.6
6.7
6.7
6.7
6.8
6.7
6.8
6.8
6.8
7.0

165.4
164.6
165.7
165.5
165.3
167.0
167.8
169.7
167.4
167.4
168.3
170.8

86.9
86.6
87.0
87.0
87.0
87.7
88.5
89.0
87.5
88.4
89.1
89.4

29.1
28.6
29.4
29.3
28.8
29.8
29.7
30.2
29.8
29.1
29.6
30.6

13.1
12.9
12.8
12.9
13.0
12.7
12.8
13.1
12.8
13.0
12.7
13.3

36.3
36.5
36.4
36.3
36.4
36.8
36.8
37.5
37.3
36.8
37.0
37.5

151.6
152.0
152.6
153.3
154.0
155.2
156.5
157.8
158.7
159.6
160.5
161.2

56.7
56.9
57.0
57.2
57.4
57.7
58.0
58.3
58.6
59.0
59.3
59.5

23.2
23.5
23.3
23.1
22.9
23.1
23.5
23.8
23.8
23.7
23.6
23.7

11.9
12.0
12.0
12.0
12.1
12.1
12.2
12.2
12.3
12.3
12.4
12.5

59.7
59.7
60.3
60.9
61.6
62.2
62.9
63.5
64.0
64.6
65.2
65.6

1964
January
February
March
April
May
June
July
August
September
October
November
December

388.0
391.2
392.6
393.4
398.7
401.5
404.6
407.2
405.8
408.5
405.0
409.4

55.1
55.4
54.6
55.1
56.5
57.5
58.5
59.0
57.2
58.0
55.7
54.7

26.9
26.0
24.8
25.4
26.3
26.8
27.8
27.8
26.5
27.1
24.8
22.6

21.2
22.2
22.3
22.5
22.6
23.1
22.9
23.2
22.9
23.2
23.2
24.1

6.9
7.3
7.4
7.2
7.5
7.6
7.8
8.0
7.8
7.7
7.8
7.9

171.0
172.9
174.2
173.5
176.5
177.3
178.6
179.7
179.1
180.0
177.9
182.5

90.1
90.3
91.4
91.3
92.2
92.9
93.5
93.7
93.9
93.7
93.4
96.2

30.3
31.3
31.5
31.2
32.4
32.2
32.3
32.5
32.1
32.5
31.9
33.2

13.3
13.3
13.3
13.4
13.3
13.6
13.6
13.5
13.8
13.6
13.6
13.9

37.3
38.0
37.9
37.7
38.6
38.6
39.2
39.9
39.4
40.1
39.0
39.2

162.0
162.9
163.8
164.8
165.7
166.7
167.6
168.5
169.5
170.5
171.5
172.2

59.8
60.0
60.2
60.5
60.8
61.2
61.5
61.8
62.2
62.6
62.9
63.2

23.8
24.0
24.3
24.6
24.9
25.0
25.0
25.0
25.1
25.3
25.5
25.4

12.5
12.6
12.6
12.7
12.7
12.7
12.8
12.9
12.9
12.9
13.0
13.1

65.9
66.3
66.7
67.0
67.3
67.8
68.3
68.8
69.2
69.6
70.1
70.5

1965
January
February
March
April
May
June
July
August
September
October
November
December

412.8
419.6
421.4
424.9
425.3
422.8
428.3
431.5
438.9
445.2
445.7
448.1

57.7
62.0
65.1
64.0
61.8
58.7
60.1
62.6
67.2
66.0
65.5
65.3

26.3
30.4
33.7
32.2
29.5
26.6
27.3
29.9
33.3
31.2
30.2
29.7

23.5
23.6
23.5
24.0
24.3
23.9
24.5
24.4
25.4
26.0
26.3
26.4

7.8
8.0
7.9
7.9
8.0
8.2
8.3
8.3
8.4
8.7
9.0
9.3

182.1
183.9
181.6
185.1
186.6
186.1
189.3
188.9
190.3
196.3
195.7
197.4

95.3
96.1
95.2
96.8
97.5
98.2
99.4
99.7
98.9
103.1
102.2
104.2

33.2
33.2
31.8
32.8
33.2
32.2
33.2
33.0
34.4
34.6
35.0
35.1

13.7
14.3
14.3
14.4
14.6
14.9
15.0
14.7
14.8
15.2
15.3
15.2

39.9
40.3
40.4
41.1
41.3
40.9
41.7
41.5
42.2
43.4
43.2
42.9

172.9
173.6
174.7
175.8
176.9
178.0
178.9
180.0
181.4
182.9
184.5
185.4

63.5
63.7
64.1
64.5
64.9
65.3
65.7
66.0
66.4
66.8
67.2
67.5

25.4
25.3
25.5
25.8
26.1
26.3
26.4
26.6
26.8
27.0
27.3
27.2

13.1
13.2
13.3
13.4
13.5
13.7
13.8
13.9
14.0
14.1
14.2
14.3

71.0
71.4
71.7
72.1
72.3
72.7
73.1
73.5
74.2
75.0
75.7
76.4

1966
January
February
March
April
May
June
July
August
September
October
November
December

451.4
456.3
460.9
462.5
458.4
460.8
465.8
468.4
474.1
472.7
474.1
475.9

66.6
68.6
70.8
68.7
65.0
64.3
65.8
68.5
71.3
69.5
68.4
68.5

30.2
32.3
33.9
32.2
28.8
26.6
27.8
29.9
32.7
31.0
29.8
29.4

26.7
26.6
27.1
26.9
26.7
27.6
28.1
28.5
28.5
28.5
28.5
28.9

9.6
9.7
9.7
9.6
9.6
10.0
9.9
10.0
10.0
10.0
10.1
10.1

198.8
200.8
202.0
204.4
202.7
204.7
207.1
205.9
207.5
206.6
207.7
208.0

103.9
105.3
106.1
106.9
106.1
106.2
108.0
106.8
107.5
106.4
107.7
108.1

35.7
36.1
35.9
36.2
35.9
36.9
37.0
37.0
37.2
37.2
37.2
36.7

15.4
15.3
15.7
15.7
15.7
16.0
15.9
16.3
16.3
16.4
16.5
16.5

43.8
44.1
44.4
45.6
45.0
45.5
46.1
45.9
46.5
46.6
46.4
46.7

186.1
186.9
188.1
189.4
190.7
191.8
192.9
194.0
195.3
196.7
198.0
199.4

67.8
68.1
68.3
68.6
68.8
69.2
69.6
69.9
70.4
70.8
71.2
71.6

27.0
26.8
27.1
27.5
27.8
28.1
28.2
28.4
28.6
28.8
29.0
29.2

14.4
14.4
14.6
14.7
14.9
14.9
15.0
15.0
15.2
15.4
15.6
15.7

77.0
77.6
78.1
78.6
79.2
79.7
80.2
80.7
81.2
81.7
82.2
82.9

1967
January
February
March
April
May
June
July
August
September
October
November
December

478.4
477.5
480.2
485.6
486.3
490.6
490.3
493.2
498.6
495.1
500.0
507.4

68.6
66.0
67.1
70.4
70.1
71.3
70.6
69.7
72.0
70.2
71.1
73.6

29.7
27.0
27.9
30.9
30.5
31.7
31.3
30.0
31.1
29.9
29.5
32.0

28.8
29.0
28.7
29.2
29.1
29.3
28.8
29.3
30.2
29.7
30.6
30.8

10.1
10.0
10.5
10.4
10.6
10.3
10.5
10.4
10.7
10.6
11.0
10.9

209.2
209.6
210.0
210.7
210.6
212.3
211.2
213.5
215.6
213.1
216.1
219.4

108.8
108.1
108.5
108.7
108.1
109.2
108.5
109.9
110.6
110.3
111.2
113.4

37.2
37.1
38.0
38.0
37.8
38.3
37.8
38.4
39.6
38.0
39.0
39.4

16.5
16.6
16.7
16.8
16.9
16.9
17.1
17.1
17.2
17.3
17.6
17.6

46.6
47.7
46.8
47.2
47.8
47.9
47.8
48.0
48.3
47.5
48.4
49.0

200.6
201.9
203.1
204.4
205.6
207.0
208.5
210.0
211.0
211.8
212.8
214.4

71.9
72.3
72.6
72.9
73.3
73.8
74.3
74.8
75.3
75.7
76.2
76.7

29.1
29.2
29.4
29.8
30.1
30.1
30.0
30.0
30.2
30.5
30.9
31.2

15.8
15.9
15.9
16.0
16.0
16.1
16.2
16.3
16.4
16.5
16.6
16.7

83.8
84.6
85.2
85.7
86.2
87.0
88.0
88.9
89.1
89.1
89.1
89.8

1968
January
February
March
April
May
June
July
August
September
October
November
December

512.8
515.0
525.1
524.4
529.9
536.1
542.9
546.5
547.7
550.8
555.6
555.5

75.7
75.4
79.2
77.1
79.7
79.5
82.4
83.1
83.6
83.7
82.9
83.3

34.1
33.3
35.9
34.0
36.4
35.5
37.3
37.5
38.5
38.5
36.8
37.9

30.7
31.3
31.6
31.6
31.6
32.0
33.2
33.6
33.0
32.9
33.3
33.0

11.0
10.8
11.6
11.5
11.7
11.9
11.9
11.9
12.2
12.4
12.8
12.5

220.3
222.4
226.6
226.2
227.6
230.8
233.7
235.2
233.8
235.3
239.0
236.3

113.1
113.9
116.9
116.3
117.2
118.8
119.9
120.9
120.6
121.3
123.4
121.9

39.7
40.5
41.2
41.3
41.4
42.2
43.3
43.3
42.7
43.2
44.0
43.0

17.8
18.2
18.3
18.4
18.1
18.5
18.9
18.9
19.1
19.1
19.1
19.2

49.6
49.9
50.2
50.1
50.8
51.4
51.6
52.1
51.5
51.8
52.5
52.2

216.8
217.1
219.4
221.2
222.6
225.8
226.8
228.2
230.2
231.9
233.8
235.9

77.4
77.5
78.0
78.4
78.8
79.3
79.8
80.4
81.0
81.7
82.3
82.9

31.5
31.3
31.8
31.7
31.8
32.1
32.2
32.6
32.8
32.9
33.1
33.4

16.9
17.1
17.2
17.3
17.4
17.6
17.7
17.8
17.9
18.0
18.2
18.3

91.0
91.3
92.5
93.8
94.6
96.8
97.1
97.5
98.6
99.3
100.2
101.4

!....




"

Table 2.8.—Personal Consumption Expenditures by Major Type of Product: Annually, and Seasonally Adjusted Monthly Totals at Annual Rates,
1959-76—Continued
[Billions of dollars]
Durable goods
Year and month

Personal
consumption
expenditures

Total

Motor
vehicles
and parts

Nondurable goods

Furniture and
household
equipment

Other

Total

Food

Clothing
and
shoes

Services

Gasoline
and oil

Other

Total

Housing

Household
operation

Transportation

Other

1969
January
February
March
April
May
June
July
August
September
October
November
December

562.2
567.4
567.6
572.5
578.8
579.3
581.0
587.9
591.0
596.0
597.7
599.7

85.5
86.0
84.4
85.5
85.7
85.8
83.9
85.9
87.9
86.7
85.9
85.5

39.6
39.2
37.8
38.4
38.2
38.3
36.7
39.0
40.8
39.7
39.0
37.3

33.2
33.9
33.8
34.1
34.4
34.5
34.2
33.9
34.3
34.1
34.0
35.0

12.7
12.9
12.8
13.1
13.1
13.0
13.0
13.1
12.9
12.9
12.9
13.3

239.6
241.9
242.3
244.3
247.1
246.2
248.4
251.2
250.0
253.7
254.2
255.1

123.7
124.5
124.0
125.0
127.1
126.6
127.5
129.0
128.4
131.0
131.7
131.6

44.0
44.7
44.7
45.1
45.4
45.1
45.9
46.3
45.7
46.3
45.8
46.7

19.4
19.9
20.2
20.7
20.8
20.9
20.7
21.1
20.9
21.2
21.4
21.4

52.5
52.8
53.4
53.5
53.8
53.7
54.3
54.8
54.9
55.2
55.3
55.4

237.2
239.5
240.9
242.7
246.0
247.3
248.7
250.8
253.2
255.7
257.6
259.0

83.4
84.0
84.6
85.3
85.9
86.6
87.3
87.9
88.7
89.3
90.0
90.7

33.8
34.2
34.3
34.3
34.3
34.5
35.0
35.3
35.6
35.9
36.1
36.4

18.5
18.7
18.8
19.0
19.2
19.4
19.5
19.7
19.9
20.1
20.3
20.5

101.5
102.6
103.2
104.2
106.5
106.8
106.9
107.9
109.0
110.3
111.2
111.4

1970
January
February
March
April
May
June
July
August
September
October
November
December

605.2
610.0
608.2
611.7
617.7
621.3
623.3
627.6
633.4
632.5
630.4
639.2

84.5
86.3
83.8
85.2
86.4
87.2
86.6
87.7
87.6
84.9
80.2
82.2

35.7
37.6
35.9
37.0
37.6
39.0
37.9
38.5
38.3
34.8
30.5
31.9

35.4
34.7
34.5
35.1
35.1
34.8
35.0
35.1
35.1
35.8
35.4
35.7

13.3
14.0
13.4
13.1
13.6
13.4
13.8
14.0
14.2
14.4
14.4
14.5

259.6
259.9
261.0
261.2
264.4
265.0
265.6
266.6
269.6
270.0
271.0
274.7

135.2
135.7
136.7
136.6
138.5
139.0
138.7
139.8
141.7
140.2
141.5
143.1

46.0
46.5
45.9
46.0
46.5
46.6
46.8
46.6
46.7
47.9
47.5
48.6

21.6
21.7
22.0
21.9
22.5
22.4
22.5
22.2
22.8
22.9
23.1
23.5

56.9
56.0
56.4
56.6
56.9
57.0
57.6
58.0
58.5
59.1
58.9
59.5

261.0
263.8
263.4
265.3
266.9
269.1
271.1
273.4
276.3
277.6
279.1
282.3

91.0
91.4
91.8
92.2
92.7
93.3
93.9
94.5
95.3
96.0
96.9
98.0

36.7
36.8
36.7
37.1
37.1
37.3
37.7
38.1
38.3
38.6
38.7
39.1

20.9
21.0
21.2
21.2
21.6
21.9
22.1
22.4
22.7
22.7
23.0
23.3

112.5
114.6
113.7
114.8
115.5
116.6
117.4
118.4
120.1
120.3
120.5
121.9

1971
January
February
March
April
May
June
July
August
September
October
November
December

650.0
653.0
655.5
662.0
663.8
672.3
671.1
676.7
684.8
687.2
691.9
698.6

92.5
92.1
94.5
95.3
94.5
97.8
95.9
96.8
101.7
101.9
101.9
102.1

42.7
41.8
44.0
44.4
43.6
45.7
44.4
44.3
48.9
48.7
48.4
47.7

35.6
36.0
36.4
36.5
36.4
37.3
36.8
37.6
37.8
38.1
38.8
39.2

14.1
14.2
14.1
14.4
14.5
14.8
14.7
15.0
15.0
15.2
14.7
15.1

274.1
274.5
272.7
276.1
276.5
279.7
278.1
280.4
281.2
281.2
284.3
286.5

141.8
142.1
141.7
143.1
143.8
145.0
144.3
144.8
144.2
145.4
146.0
148.0

48.9
49.2
48.4
50.1
50.1
51.4
50.6
51.0
51.7
50.9
52.5
52.8

23.7
23.4
23.3
23.4
23.0
23.7
23.3
24.2
24.7
24.7
24.8
24.4

59.6
59.8
59.4
59.5
59.5
59.6
60.0.
60.3
60.6
60.2
60.9
61.4

283.4
286.4
288.3
290.6
292.9
294.7
297.1
299.5
301.8
304.2
305.6
310.0

98.2
99.1
99.7
100.6
101.3
102.2
103.1
103.8
104.8
105.6
106.3
107.1

39.3
40.0
40.1
40.1
40.5
40.7
41.0
41.2
41.9
42.3
42.1
42.6

23.5
23.7
23.9
24.4
24.6
25.1
25.5
25.7
26.0
26.2
26.4
26.6

122.4
123.7
124.7
125.5
126.4
126.7
127.5
128.8
129.2
130.1
130.8
133.7

1972
January
February
March
April
May
June
July
August
September
October
November
December

702.7
706.8
719.4
722.7
728.1
731.1
738.7
744.8
749.1
762.1
767.2
771.8

105.5
104.0
107.3
107.7
109.4
109.8
111.3
113.0
112.4
116.4
117.7
118.8

49.8
48.2
50.5
50.7
51.6
51.9
52.2
53.4
52.3
54.8
56.3
57.2

40.2
40.0
40.5
40.4
41.0
41.0
42.1
42.5
42.4
43.7
43.9
43.4

15.6
15.8
16.3
16.6
16.7
16.9
17.1
17.1
17.7
17.9
17.5
18.2

284.5
288.0
293.9
294.8
298.2
298.6
301.8
303.5
306.7
312.1
312.3
313.3

145.7
148.8
152.0
152.7
154.0
154.7
155.8
156.4
158.0
160.0
160.2
160.9

52.4
52.4
53.7
53.4
55.0
54.7
55.6
55.9
56.9
58.9
58.2
58.0

24.8
24.7
24.9
24.6
25.0
24.6
25.1
25.6
26.0
26.3
26.7
26.9

61.5
62.2
63.2
64.1
64.2
64.6
65.3
65.6
65.9
67.0
67.3
67.6

312.8
314.7
318.3
320.3
320.5
322.7
325.6
328.3
330.0
333.6
337.2
339.6

108.0
108.7
109.3
110.2
110.9
111.9
112.8
113.8
114.7
115.7
116.5
117.6

42.6
42.9
44.2
44.5
44.2
44.7
45.3
45.5
46.0
46.7
47.6
47.8

27.0
27.1
27.2
27.3
27.3
27.4
27.5
27.6
27.8
27.9
28.1
28.2

135.2
136.0
137.6
138.3
138.1
138.7
140.0
141.4
141.5
143.2
145.0
146.1

1973
January
February
March
April
May
June
July
August
September
October
November
December

782.6
790.7
796.7
798.4
804.3
805.9
815.9
815.8
830.2
829.1
836.9
836.8

123.3
125.4
127.7
125.6
126.3
120.9
122.8
121.4
125.9
121.4
121.0
118.4

59.3
60.3
62.5
60.2
60.7
55.0
56.8
54.8
58.1
53.9
53.0
50.8

45.5
46.6
46.4
46.6
46.6
47.0
46.9
47.3
47.8
47.5
48.6
48.1

18.4
18.6
18.8
18.9
19.0
18.9
19.2
19.2
20.0
20.0
19.4
19.4

318.4
322.5
323.8
325.5
327.0
330.5
336.9
334.8
340.8
342.3
348.4
349.6

163.5
164.9
165.8
166.9
168.0
169.9
175.5
174.5
177.1
177.8
179.6
181.9

59.5
60.6
61.2
60.9
60.7
61.8
61.7
60.6
62.4
61.9
63.1
62.5

27.2
27.9
27.8
28.1
28.1
27.5
28.3
28.3
28.5
29.6
31.5
30.8

68.3
69.1
69.0
69.5
70.3
71.3
71.5
71.5
72.8
73.0
74.1
74.4

340.9
342.8
345.2
347.3
351.0
354.5
356.2
359.6
363.6
365.4
367.6
368.9

118.3
119.0
120.3
121.0
122.2
123.0
124.0
125.3
126.4
127.5
128.8
129.8

47.3
47.6
47.9
48.2
49.1
49.7
49.7
50.4
51.4
51.3
51.6
51.1

28.3
28.4
28.4
28.5
28.6
28.7
28.8
29.0
29.1
29.3
29.4
29.6

147.0
147.8
148.5
149.6
151.1
153.1
153.7
155.0
156.6
157.2
157.9
158.5

1974
January
February
March
April
May
June
July
August
September
October
November
December

846.0
851.0
862.0
870.1
880.2
885.6
895.9
912.0
912.3
915.7
911.4
915.0

118.8
116.7
119.9
120.4
122.5
122.3
124.5
131.5
126.2
122.3
116.6
116.5

49.5
47.9
49.0
49.2
50.2
50.8
52.1
58.4
53.6
50.8
46.3
47.2

49.2
49.1
50.3
50.6
51.4
50.6
51.5
52.2
51.9
51.0
50.1
49.2

20.0
19.8
20.5
20.6
20.9
20.9
20.9
20.9
20.6
20.5
20.2
20.2

354.4
358.7
362.2
366.4
369.8
372.1
376.5
381.7
383.0
385.2
385.9
384.3

184.1
186.4
187.2
188.4
189.2
191.2
193.5
198.4
199.6
201.0
203.8
201.9

64.0
63.5
64.2
65.0
65.4
65.0
66.1
66.1
65.9
65.4
64.0
63.3

30.6
32.3
34.4
35.6
37.4
37.8
38.6
37.7
38.2
38.6
38.1
40.1

75.8
76.5
76.4
77.4
77.9
78.1
78.3
79.5
79.4
80.3
80.0
79.0

372.8
375.6
379.9
383.3
387.8
391.2
394.8
398.9
403.1
408.2
408.9
414.2

131.1
132.1
133.2
134.4
135.5
136.7
137.9
139.2
140.2
141.6
142.7
143.7

51.7
51.6
52.7
54.0
54.4
55.4
55.6
56.1
57.0
58.6
57.1
58.3

29.9
30.2
30.4
30.6
30.7
31.0
31.1
31.2
31.3
31.4
31.2
31.8

160.2
161.7
163.6
164.5
167.2
168.1
170.2
172.4
174.6
176.7
177.8
180.4




Table 2.8.—Personal Consumption Expenditures by Major Type of Product: Annually, and Seasonally Adjusted Monthly Totals at Annual Rates,
1959-76—Continued
[Billions of dollars]
Durable goods
Year and month

Personal
consumption
expenditures

Total

Motor
vehicles
and parts

Furniture and
household
equipment

Nondurable goods

Other

Total

Food

Clothing
and
shoes

Services

Gasoline
and oil

Other

Total

Housing

Household
operation

Transportation

Other

1975
January
February
March
April
May
June
July
August
September
October
November
December

926.8
938.8
939.8
944.6
966.4
973.7
985.5
992.1
998.9
1,003.6
1,016.5
1,030.7

120.3
125.1
121.7
122.9
128.2
130.3
135.3
135.3
139.6
138.0
142.4
147.3

48.3
52.5
49.1
49.5
51.6
53.5
58.6
57.5
60.6
59.7
62.5
66.3

50.6
51.0
50.9
51.4
53.7
53.8
53.5
54.3
54.9
54.8
56.4
57.0

21.4
21.7
21.7
21.9
22.9
23.0
23.2
23.6
24.0
23.5
23.6
24.1

390.1
392.4
394.0
392.8
406.3
408.3
411.5
415.6
415.2
415.5
421.6
424.2

205.0
206.3
207.5
207.2
212.5
214.4
216.1
217.0
217.3
218.4
220.7
220.9

65.8
67.0
67.2
66.0
71.1
70.3
69.8
71.5
71.2
70.1
72.0
72.9

39.2
38.7
37.9
38.4
39.6
40.0
41.0
41.7
41.0
41.8
42.4
43.1

80.1
80.5
81.4
81.2
83.1
83.7
84.5
85.4
85.6
85.3
86.5
87.4

416.4
421.2
424.1
429.0
431.9
435.1
438.7
441.2
444.1
450.1
452.5
459.1

144.5
145.0
145.8
146.6
147.7
148.6
149.7
151.1
152.2
153.9
155.3
156.9

57.8
59.6
61.7
63.9
62.5
63.1
64.1
64.6
65.3
65.5
64.5
66.8

31.8
31.8
31.9
31.9
32.8
33.0
33.2
33.8
33.7
34.1
34.6
35.4

182.3
184.8
184.6
186.6
188.9
190.4
191.7
191.7
193.0
196.5
198.1
200.0

1976
January
February
March
April
May
June
July
August
September
October
November
December

1,045.3
1,045.3
1,052.7
1,063.8
1,060.0
1,077.7
1,085.4
1,093.1
1,104.2
1,112.2
1,125.0
1,146.5

150.1
152.8
153.1
156.9
150.6
156.4
158.0
156.8
159.5
158.2
160.6
168.9

67.7
70.8
71.0
73.5
68.2
72.4
73.4
71.8
74.5
71.8
74.7
81.0

57.5
57.7
57.8
58.5
57.6
58.8
59.2
59.6
59.6
60.4
60.8
61.7

24.9
24.3
24.3
25.0
24.8
25.3
25.4
25.4
25.4
25.9
25.2
26.2

431.3
427.8
429.6
433.9
433.5
441.2
442.4
446.0
448.4
452.9
453.7
459.9

225.1
223.2
225.1
226.2
227.4
230.6
231.0
233.5
234.1
236.3
235.2
239.1

73.4
73.6
72.8
74.5
72.8
75.0
75.8
76.1
76.5
77.6
77.1
78.3

43.1
42.8
42.6
42.7
42.8
43.7
43.7
43.8
44.9
45.1
46.1
46.5

89.7
88.2
89.1
90.5
90.4
91.9
92.0
92.6
92.8
94.0
95.3
96.0

463.9
464.7
470.0
473.0
476.0
480.1
484.9
490.2
496.4
501.1
510.6
517.7

158.0
159.1
160.5
162.0
163.4
165.2
167.2
168.8
170.7
172.4
174.2
176.2

68.4
66.6
68.0
68.7
69.4
69.9
70.8
72.6
73.7
75.0
77.4
78.4

35.9
36.3
36.9
37.5
37.8
38.3
38.7
39.0
39.9
40.3
41.1
42.0

201.6
202.8
204.7
204.9
205.3
206.7
208.1
209.8
212.2
213.4
217.8
221.1




Table 2.9.—Personal Consumption Expenditures by Major Type of Product in Constant Dollars: Annually and Seasonally Adjusted Monthly Totals
at Annual Rates, 1959-76
[Billions of 1972 dollars]
Durable goods
Year and month

Personal
consumption
expenditures

Total

Nondurable goods

Motor
vehicles
and parts

Furniture and
household
equipment

Other

Total

Food

Clothing
and
shoes

Services

Gasoline
and oil

Other

Total

Housing

Household
operation

Transportation

Other

1959

440.4

50.7

23.3

20.0

7.4

205.0

114.4

36.3

13.7

40.6

184.8

60.9

26.4

16.5

81.0

1960
1961
1962
1963
1964

452.0
461.4
482.0
500.5
528.0

51.4
49.3
54.7
59.7
64.8

24.4
22.1
25.7
28.7
30.2

19.7
20.0
21.2
22.7
25.5

7.3
7.3
7.8
8.3
9.1

208.2
211.9
218.5
223.0
233.3

115.6
117.4
119.2
120.7
125.4

36.6
37.3
38.9
39.6
42.6

14.2
14.3
14.9
15.3
16.0

41.8
43.0
45.5
47.4
49.3

192.4
200.2
208.8
217.8
229.8

64.0
67.0
70.7
74.0
77.4

27.6
28.4
29.8
30.9
32.4

17.0
17.1
17.7
18.3
19.2

83.8
87.6
90.6
94.6
100.9

1965
1966
1967
1968
1969

557.5
585.7
602.7
634.4
657.9

72.6
78.4
79.5
88.3
91.8

34.8
35.4
34.7
40.3
41.9

27.8
31.2
32.6
34.7
35.8

10.0
11.8
12.3
13.4
14.1

244.0
255.5
259.5
270.5
277.3

130.9
134.6
136.7
142.4
145.6

44.2
46.9
46.9
49.0
50.0

16.8
17.8
18.4
19.9
21.4

52.2
56.2
57.4
59.2
60.3

240.9
251.8
263.7
275.6
288.8

81.6
85.3
89.1
93.5
98.4

33.9
35.7
37.5
39.0
41.0

19.9
21.0
22.2
23.4
24.6

105.5
109.8
114.8
119.7
124.9

1970
1971
1972
1973
1974

672.1
696.8
737.1
768.5
763.6

111.1

89.1
98.2

121.3
112.3

38.2
45.5
52.4
56.5
47.0

36.1
37.6
41.7
46.3
46.8

14.8
15.0
16.9
18.5
18.6

283.7
288.7
300.6
308.0
303.3

150.0
151.2
154.9
153.6
152.7

49.4
51.8
55.4
59.3
58.7

22.9
24.2
25.4
26.2
24.8

61.4
61.5
64.9
68.9
67.2

299.3
309.9
325.3
339.2
348.0

102.0
106.4
112.5
118.2
124.2

42.3
43.1
45.2
47.4
47.6

25.2
26.1
27.5
28.5
28.8

129.7
134.4
140.1
145.1
147.4

1975
1976

780.2
823.7

112.7
126.6

47.5
57.3

45.9
48.9

19.3
20.4

308.2
322.5

156.9
164.7

60.9
63.8

25.6
26.8

64.8
67.2

359.3
374.7

128.3
134.9

49.9
52.0

29.6
30.8

151.6
157.1

1959
January
February
March
April
May
June
July
August
September
October
November
December

430.0
433.8
438.5
436.5
440.8
441.7
440.3
442.7
447.0
444.5
444.6
444.8

48.0
50.2
50.2
51.0
51.1
51.8
51.0
52.0
53.4
50.3
50.4
48.3

21.2
23.0
23.3
24.0
23.8
23.7
23.7
24.4
25.8
22.5
22.9
20.7

19.4
19.7
19.5
19.6
19.9
20.5
19.9
20.1
20.2
20.3
20.1
20.1

7.4
7.4
7.4
7.4
7.5
7.5
7.4
7.4
7.4
7.5
7.5
7.5

201.3
202.2
206.0
202.4
205.8
205.5
204.2
205.0
207.1
206.8
205.9
207.7

113.7
113.9
112.3
112.3
114.6
115.1
114.2
114.6
115.2
115.1
114.4
117.0

35.2
36.3
35.7
35.4
37.2
37.2
36.3
35.8
36.8
36.7
36.3
36.9

13.4
13.6
13.7
13.5
13.8
13.6
13.8
13.7
13.7
13.9
13.9
13.8

39.0
38.5
44.3
41.1
40.3
39.6
40.0
41.0
41.4
41.1
41.4
40.0

180.6
181.5
182.3
183.1
183.9
184.5
185.0
185.7
186.5
187.4
188.2
188.8

59.2
59.5
59.8
60.1
60.4
60.7
61.1
61.4
61.7
62.1
62.4
62.6

25.8
25.9
26.1
26.2
26.4
26.4
26.5
26.5
26.6
26.7
26.7
26.9

16.2
16.2
16.3
16.3
16.4
16.4
16.5
16.6
16.7
16.7
16.7
16.8

79.4
79.8
80.1
80.4
80.7
80.9
81.0
81.1
81.5
81.9
82.3
82.5

1960
January
February
March
April
May
June
July
August
September
October
November
December

445.6
446.7
452.2
459.4
451.3
451.7
452.6
451.9
453.5
455.5
454.5
449.5

48.8
51.3
53.1
55.2
51.4
50.4
50.6
51.5
53.3
52.7
50.8
48.0

21.3
23.8
26.3
26.8
24.4
23.1
23.7
24.9
26.7
25.5
24.3
21.8

20.0
20.2
19.5
20.6
19.7
19.9
19.6
19.4
19.4
19.8
19.2
19.1

7.5
7.3
7.2
7.7
7.3
7.3
7.3
7.2
7.2
7.4
7.3
7.2

207.6
205.6
208.4
212.5
207.2
208.6
209.4
207.9
207.1
209.0
209.2
206.3

115.4
114.5
116.1
117.2
116.1
115.9
116.6
115.2
114.7
115.1
116.6
114.3

37.8
36.5
36.0
38.6
35.7
36.8
36.7
36.5
36.1
37.1
36.1
35.6

13.8
13.8
13.9
14.6
14.2
14.4
14.2
14.2
14.5
14.2
14.3
14.1

40.7
40.8
42.4
42.1
41.2
41.6
41.9
42.0
41.9
42.6
42.1
42.2

189.2
189.8
190.7
191.7
192.6
192.7
192.6
192.5
193.1
193.9
194.6
195.3

62.8
63.0
63.2
63.3
63.5
63.8
64.1
64.3
64.7
65.0
65.3
65.5

27.0
27.2
27.3
27.4
27.6
27.6
27.6
27.7
27.8
27.9
28.0
28.1

16.8
16.9
16.9
16.9
17.0
17.0
17.0
17.0
17.0
17.0
17.0
17.0

82.6
82.8
83.3
84.0
84.6
84.3
83.9
83.5
83.7
84.0
84.2
84.7

1961
January
February
March
April
May
June
July
August
September
October
November
December

451.0
453.0
458.0
458.0
460.5
461.3
459.5
461.1
463.5
466.4
470.9
473.4

47.1
47.3
48.6
47.9
48.4
48.8
49.1
49.5
49.7
50.5
51.9
52.9

20.8
20.9
21.7
21.3
21.4
21.6
21.8
22.1
22.1
22.8
23.8
24.7

19.1
19.2
19.8
19.5
19.8
19.9
20.1
20.2
20.3
20.4
20.7
20.8

7.2
7.2
7.1
7.1
7.2
7.3
7.2
7.3
7.3
7.4
7.4
7.5

208.1
209.1
211.6
211.0
211.7
212.1
210.5
211.8
212.8
213.4
215.0
216.0

116.3
116.4
117.2
117.5
117.3
117.7
115.9
117.6
118.1
117.9
117.9
118.9

35.6
36.4
37.8
36.1
37.3
37.5
37.3
37.3
37.3
38.0
38.5
38.3

14.1
14.1
14.1
14.5
14.2
14.3
14.2
14.3
14.4
14.2
14.5
14.4

42.0
42.2
42.5
42.9
43.0
42.7
43.1
42.7
43.0
43.3
44.0
44.3

195.9
196.6
197.8
199.1
200.4
200.3
200.0
199.7
200.9
202.5
204.0
204.5

65.6
65.8
66.0
66.3
66.5
66.8
67.1
67.3
67.7
68.1
68.5
68.7

28.1
28.1
28.2
28.3
28.3
28.3
28.2
28.2
28.4
28.8
29.1
29.3

17.0
17.0
17.0
17.0
17.0
17.0
17.0
17.0
17.1
17.2
17.3
17.3

85.1
85.7
86.6
87.6
88.5
88.2
87.7
87.2
87.7
88.5
89.2
89.2

1962
January
February
March
April
May
June
July
August
September
October
November
December

473.5
473.2
476.7
478.2
481.8
479.5
481.2
482.5
487.4
485.2
491.3
493.3

52.7
52.5
53.4
53.5
54.8
54.3
54.3
54.0
55.6
54.2
57.7
59.2

24.4
24.8
24.9
25.1
25.8
25.9
25.4
25.0
25.5
24.8
27.9
29.1

20.7
20.4
20.9
20.8
21.2
20.7
21.1
21.3
22.1
21.5
21.8
21.9

7.5
7.4
7.6
7.6
7.7
7.7
7.8
7.7
8.0
8.0
8.0
8.2

216.2
215.8
217.5
217.5
218.4
216.1
217.7
218.9
221.4
219.6
221.3
221.4

118.2
118.8
118.5
118.2
119.1
118.5
119.2
119.8
120.3
119.5
120.2
119.9

38.7
37.9
38.8
39.4
39.5
37.8
38.4
38.7
40.0
38.9
39.5
39.7

14.5
14.7
14.9
14.6
14.6
14.8
15.0
15.1
14.7
15.3
15.1
15.1

44.7
44.5
45.2
45.3
45.2
45.0
45.1
45.3
46.3
46.1
46.6
46.6

204.6
204.8
205.9
207.3
208.6
209.1
209.3
209.6
210.4
211.4
212.3
212.7

68.9
69.1
69.4
69.8
70.1
70.5
70.9
71.2
71.6
72.1
72.5
72.6

29.5
29.7
29.6
29.4
29.3
29.4
29.6
29.8
30.0
30.1
30.3
30.5

17.4
17.4
17.5
17.6
17.6
17.7
17.7
17.8
17.8
17.9
17.9
18.0

88.8
88.7
89.4
90.5
91.5
91.4
91.0
90.7
90.9
91.3
91.6
91.6




T H E

N A T I O N A L

I N C O M E

A N D

P R O D U C T

A C C O U N T S

117

Table 2.9.—Personal C o n s u m p t i o n Expenditures by Major Type of Product in Constant Dollars: A n n u a l l y and Seasonally Adjusted M o n t h l y Totals
at A n n u a l Rates, 1959-76—Continued
[Billions of 1972 dollars]
Durable goods

Year and month

Personal
consumption
expenditures

1963
January
February...
March
April
May
June
July
August
September.
October
November.
December..

493.4
491.7
494.1
495.7
495.9
500.7
503.3
505.1
503.5
503.5
506.8
512.3

1964
January
February...
March
April
May
June
July
August
September.
October
November.
December..

513.3
517.3
519.2
520.1
527.0
529.8
533.1
536.2
533.6
536.7
531.9
537.3

Total

Motor
vehicles
and parts

Furniture and
household
equipment

Nondurable goods

Other

8.0
8.1
8.2
8.2
8.3
8.3
8.4
8.2
8.3

Food

47.7
48.4
48.2
47.9
49.0
49.1
50.0
50.9
50.2
51.0
49.5
49.7

224.1
225.2
226.4
227.5
228.7
229.7
230.5
231.4
232.3
233.2
234.2
234.9

75.8
76.0
76.3
76.5
76.8
77.2
77.5
77.8
78.2
78.5
78.9
79.2

31.2
31.4
31.8
32.2
32.5
32.6
32.6
32.5
32.6
32.8
33.0
32.9

18.8
18.9
19.0
19.1
19.1
19.2
19.2
19.3
19.3
19.4
19.4
19.4

16.0

50.5
50.9
50.9
52.0
52.1
51.4
52.3
52.1
52.8
54.2
53.9
53.4

235.5
236.1
237.1
238.2
239.2
240.2
241.0
241.9
243.3
244.8
246.3
246.9

79.5
79.8
80.1
80.5
80.9
81.4

130.3
131.3
130.5
135.5
133.8
135.6

44.2
44.0
42.2
43.4
43.9
42.4
43.8
43.4
45.3
45.5
45.9
45.9

82.6
83.0
83.4
83.7

32.8
32.7
33.0
33.4
33.8
34.0
34.1
34.3
34.5
34.7
34.9
34.9

19.4
19.4
19.5
19.7
19.8
19.9
19.9
20.0
20.1
20.2
20.4
20.4

252.7
253.6
254.2
256.1
254.0
256.1
259.0
255.8
256.7
255.1
256.2
256.4

134.3
134.5
134.7
135.1
134.4
134.5
137.0
133.9
134.3
132.7
134.5
135.2

46.5
47.0
46.5
46.7
46.2
47.4
47.4
47.3
47.3
47.2
47.0
46.2

17.5
17.2
17.7
17.7
17.7
17.9
17.8

54.4
54.8
55.1
56.6
55.7
56.2
56.8
56.5
57.1
57.0
56.6
57.0

247.4
247.9
248.7
249.7
250.8
251.4
251.9
252.5
253.5
254.7
255.9
257.1

83.8
84.0
84.3
84.5
84.7
85.0
85.3
85.7
86.0
86.3
86.7
86.9

34.8
34.7
34.9
35.2
35.5
35.7
35.8
36.0
36.1
36.4
36.6
36.7

20.4
20.5
20.6
20.8
21.0
21.0
21.0
20.9
21.1
21.4
21.6
21.7

257.7
258.4
258.8
259.8
258.8
259.7
257.5
259.4
261.7
258.0

136.3
136.0
136.6
137.2
136.0
136.4
135.2
136.4
137.4
136.7
137.2
139.4

46.7
46.3
47.1
47.1
46.7
47.1
46.3
47.0
48.3
46.2
47.1
47.4

56.8
58.0
56.8
57.2
57.8
57.9
57.5
57.6
57.6
56.5
57.4
57.9

258.3
259.3

87.3
87.5
87.8
88.0
88.4
88.8
89.2
89.7
90.0
90.5
90.9
91.2

36.6
36.6
36.9
37.4
37.7
37.7
37.5
37.4
37.6
38.0
38.3
38.6

21.8
21.9
21.9
21.9
22.0
22.1
22.2
22.3
22.4
22.5
22.6
22.7

138.3
138.9
142.1
140.8
141.1
143.0
144.0
144.7
143.6
143.5
145.7
143.2

47.7
48.3
48.9
48.7
48.5
49.1
50.2
49.9
48.9
49.2
50.0
48.7

91.9
91.9
92.2
92.4
92.7
93.1
93.5
93.8
94.3
94.9
95.3
95.6

38.7
38.3
38.7
38.5
38.5
38.8
39.0
39.3
39.5
39.4
39.5

22.8
22.9
23.0
23.1
23.3
23.4
23.6
23.7
23.8
23.8
23.9
24.0

63.3
64.9
66.0
67.0
67.7
65.6
66.7
63.9
63.0

122.5
124.2
123.9
125.5

May
June
July
August
September.
October
November.
December..

540.8
548.4
548.8
552.7
552.0
547.4
554.0
557.6
566.1
573.8
573.3
574.6

66.3
71.0
74.3
73.2
70.7
68.0
69.6
72.3
77.4
76.7
76.2
75.6

30.4
34.9
38.4
36.9
33.9
31.3
32.0
34.8
38.6
36.7
35.5
34.3

26.5
26.6
26.4
26.9
27.3
26.9
27.6
27.6
28.7
29.4
29.8
30.0

9.3
9.5
9.4
9.3
9.6
9.8
9.9
9.9
10.1
10.5
10.9
11.3

239.0
241.3
237.4
241.4
242.0
239.3
243.3
243.4
245.4
252.4
250.8
252.1

128.4
129.8
127.8
129.5
129.4

1966
January
February...
March
April
May
June
July
August
September.
October
November.
December..

577.6
581.1
584.9
585.4
579.9
581.7
586.7
587.0
592.1
589.5
590.4
591.6

77.5
79.6
82.1
79.5
75.2
74.3
75.8
78.7
81.8
79.7
78.4
78.1

35.6
37.7
39.6
37.5
33.5
31.2
32.4
34.8
38.0
36.0
34.6
34.0

30.3
30.2
30.7
30.4
30.2
31.2
31.6
32.0
31.9
31.8
31.8
32.1

11.7
11.7
11.7
11.6
11.5
12.0
11.9
11.9
11.9
11.9
11.9
12.0

594.7
593.5
596.1
601.7

34.8
31.8
32.8
36.1
35.5
36.7
35.8
34.3
35.3
33.5
33.1
36.1

32.0
32.2
31.9
32.4
32.3
32.5
31.9
32.4
33.3
32.6
33.6
33.7

11.9
11.8
12.3
12.2
12.4
12.0
12.3

38.2
37.3
40.1
38.0
40.5
39.5
41.4
41.6
42.4
42.2
40.3
41.7

33.4
33.9
34.1
34.1
34.1
34.4
35.5
36.0
35.2
35.0
35.4
35.0

12.6
12.5
13.3
13.1
13.3
13.6
13.5
13.4
13.6
13.8
14.1
13.8

604.2
609.3
603.3
607.3
614.1

1968
January
February...
March
April
May
.....
June
July
August
September.
October
November.
December..

617.1
617.6
627.4
625.1
629.2
635.4
641.3
643.4
642.1
643.1
646.5
644.6

84.2
83.7
87.6
85.2
87.9
87.6
90.4
91.0
91.1
91.0
89.8
90.5




12.1

12.5
12.3
12.7
12.5

18.0
18.1
18.1
18.2
18.2
18.3
18.3
18.4
18.5
18.6
18.6
18.7

15.7
15.8
15.8
15.9
15.8

122.2

228.5
230.2
229.2
233.4
234.1
235.5
237.1
235.7
236.8
233.8
239.5

602.1

30.8
31.1
30.9
30.5
30.2
30.5
31.0
31.4
31.3
31.1
30.9
31.0

40.3
41.8
42.1
41.5
43.1
42.8
42.9
43.3
42.9
43.5
42.6
44.2

226.0

8.7
8.9
8.7
9.0
9.1
9.3
9.5
9.3
9.1
9.2
9.4

604.3

Transportation

221.5
222.3
223.2

23.8
24.9
24.9
25.2
25.3
25.9
25.7
26.0
25.7
26.1
26.0
27.1

601.1

Household
operation

72.8
72.9
73.0
73.2
73.4
73.7
74.0
74.3
74.6
75.0
75.3
75.6

31.2
30.1
28.8
29.4
30.6
31.0
32.0
32.1
30.7
31.5
28.7
26.4

78.7
75.8
77.1
80.7
80.1
81.2
80.0
78.7
81.1
78.5
79.4
82.3

Housing

213.0
213.2
213.9
214.7
215.4
216.9
218.4
219.9

63.2
63.6

1967
January
FebruaryMarch
April
May
June
July
August
September.
October
November.
December..

Total

47.2
47.5
47.4
46.9
46.9
47.3
47.3
48.1
47.8
47.1
47.2
48.0

22.1
22.0
22.2
22.4
22.3
22.6
23.0
23.0
23.2
23.4
23.1
23.7

April

Other

15.3
15.1
15.1
15.3
15.4
15.2
15.2
15.3
15.3
15.5
15.1
15.7

119.9
119.3

28.6
27.9
27.4
28.1
28.4
29.6
29.8
28.3
28.2
27.6
29.5
30.7

1965
January
FebruaryMarch

Gasoline
and oil

39.3
38.6
39.6
39.4
38.8
40.0
39.9
40.5
40.0
39.0
39.5
40.8

221.7
220.5
222.3
222.3
221.5
223.3
223.7
225.7
223.0
222.7
223.5
226.3

58.7
57.9
57.8
58.7
59.0
60.5
61.1
59.5
59.7
59.3
61.0
62.8

62.6

Clothing
and
shoes

Services

260.6

263.8
263.6
265.3
269.3
267.7
268.0

271.3
274.0
274.9
272.1
272.3
275.8
271.8

120.2

120.7
120.4
120.8

121.3
121.8

119.8
121.2

121.7
121.9

126.1

126.4
126.9
126.3
126.1

125.6
129.1

128.6

16.1
16.1
16.1

16.4
16.2
16.1

16.5

16.6

16.5
16.5
16.7
16.8
17.0
16.7
16.9
17.3
17.3
17.3

18.1
18.1
18.1
18.1

18.0
18.0
18.1

18.2
18.3
18.4
18.3
18.4
18.4
18.4
18.6
18.9
19.0
19.1
19.4
19.5
19.6
19.4
19.8
20.2
20.2

20.3
20.3
20.1
20.5

58.5
58.7
58.8
58.5
59.0
59.4
59.6
60.0
59.3
59.3
59.9
59.4

220.8

260.2

261.3
262.2

263.4
264.6
266.1
266.5
266.9
267.3
268.1

269.4
268.6

270.5
272.3
273.2
276.5
276.9
277.5
278.9
279.8
280.9
282.3

81.8
82.2

Other

Table 2.9.—Personal Consumption Expenditures by Major Type of Product in Constant Dollars: Annually and Seasonally Adjusted Monthly Totals
at Annual Rates, 1959-76—Continued
[Billions of 1972 dollars]
Durable goods

Year a n d month

1969
January
February
March
April
May
June
July
August
September
October
November
December
1970
January
February
March
April
May
July
August
September
October
November
December
1971
January
February
April
May
July
September
November
December
1972
February
May
July
September
November
December
1973
February
May
July..—
August
September
December
1974
February
April

November

Personal
consumption
expenditures

Total

Motor
vehicles
and parts

Furniture and
household
equipment

Nondurable goods

Other

Total

Food

Clothing
and
shoes

Services

Gasoline
and oil

Other

Total

Housing

Household
operation

Transportation

Other

649.8
654.3
651.5
654.0
658.7
655.8
655.6
661.1
662.0
665.1
663.7
663.0

92.8
93.1
91.0
92.1
92.1
92.0
89.7
91.6
93.8
92.0
91.1
90.7

43.5
42.9
41.1
41.7
41.6
41.6
39.8
42.2
44.2
42.7
41.9
40.0

35.3
36.0
35.9
36.1
36.3
36.2
35.8
35.3
35.6
35.4
35.3
36.3

13.9
14.2
14.0
14.3
14.2
14.2
14.1
14.2
14.0
13.9
14.0
14.3

274.4
276.8
276.0
276.6
278.7
275.7
277.1
279.3
276.6
279.9
278.4
277.9

144.9
146.0
144.9
145.2
146.7
144.8
145.2
146.3
144.8
147.2
146.5
145.0

49.5
50.1
49.9
50.1
50.2
49.6
50.2
50.7
49.6
50.1
49.3
50.2

20.5
20.9
20.9
21.1
21.4
21.3
21.4
21.7
21.5
21.8
22.0
22.1

59.6
59.8
60.3
60.3
60.4
59.9
60.4
60.7
60.7
60.8
60.6
60.5

282.7
284.4
284.6
285.3
287.8
288.2
288.8
290.2
291.6
293.2
294.1
294.5

96.0
96.5
96.8
97.4
97.8
98.2
98.6
99.0
99.5
99.9
100.2
100.7

40.2
40.5
40.6
40.4
40.4
40.5
41.0
41.2
41.5
41.6
41.7
41.9

24.1
24.2
24.3
24.4
24.5
24.6
24.6
24.7
24.8
25.0
25.0
25.0

122.4
123.2
122.9
123.2
125.2
125.0
124.5
125.2
125.9
126.8
127.2
126.9

666.7
669.4
666.1
666.8
671.2
673.5
673.5
676.3
679.6
675.1
670.1
676.6

89.5
91.2
88.4
89.7
90.9
91.5
90.7
91.6
91.1
87.8
82.5
84.0

38.5
40.3
38.4
39.6
40.1
41.3
40.0
40.5
40.0
35.9
31.2
32.3

36.7
35.8
35.6
36.1
36.1
35.7
35.9
36.1
36.0
36.6
36.2
36.5

14.4
15.1
14.4
14.1
14.6
14.4
14.8
15.0
15.0
15.2
15.2
15.3

281.6
280.6
281.9
280.5
283.0
283.6
283.5
284.1
286.0
285.4
285.9
288.8

148.0
148.0
149.0
148.4
149.7
150.3
149.9
150.6
152.1
150.0
151.5
152.8

49.3
49.6
49.0
49.0
49.4
49.2
49.4
49.1
48.8
50.0
49.3
50.3

22.3
22.3
23.0
22.1
22.9
23.0
22.9
22.9
23.4
23.2
23.3
23.6

61.9
60.6
60.9
61.0
61.1
61.0
61.3
61.5
61.7
62.2
61.8
62.2

295.7
297.6
295.8
296.6
297.3
298.4
299.3
300.6
302.5
301.9
301.7
303.8

100.7
101.0
101.0
101.1
101.4
101.5
101.9
102.2
102.7
103.0
103.6
104.1

42.2
42.2
42.0
42.2
42.1
42.1
42.4
42.6
42.6
42.5
42.4
42.6

25.1
24.9
25.0
24.9
25.2
25.3
25.3
25.4
25.4
25.3
25.4
25.5

127.7
129.5
127.9
128.4
128.6
129.4
129.8
130.5
131.8
131.1
130.4
131.5

685.9
687.4
687.6
692.0
691.3
696.6
693.3
696.9
704.4
705.3
708.4
712.2

93.7
92.9
95.3
95.9
95.0
98.0
96.0
97.7
103.4
103.6
103.5
103.3

42.6
41.5
43.7
44.1
43.2
45.1
43.8
44.6
50.0
49.9
49.4
48.6

36.3
36.6
37.0
37.0
36.9
37.8
37.2
37.9
38.1
38.4
39.1
39.5

14.8
14.8
14.6
14.9
14.9
15.1
15.0
15.3
15.3
15.4
14.9
15.3

288.5
288.6
285.8
288.3
287.6
289.5
287.6
288.4
289.1
288.2
290.8
291.6

152.2
152.2
150.8
151.2
151.3
151.6
150.6
150.7
150.4
150.9
151.0
151.7

50.5
50.7
49.9
51.5
51.3
52.4
51.5
52.1
52.6
51.7
53.3
53.4

23.8
23.7
23.7
24.2
23.9
24.4
24.2
24.2
24.5
24.4
24.8
24.4

62.0
62.0
61.4
61.3
61.1
61.1
61.3
61.4
61.5
61.1
61.7
62.1

303.7
305.9
306.6
307.8
308.7
309.0
309.7
310.7
312.0
313.5
314.1
317.2

104.0
104.4
104.7
105.2
105.5
106.1
106.6
107.0
107.6
108.2
108.7
109.1

42.6
43.0
42.9
42.8
43.0
42.8
42.8
42.7
43.3
43.6
43.4
43.6

25.5
25.5
25.5
25.8
25.8
26.0
26.1
26.1
26.3
26.5
26.7
26.8

131.7
132.9
133.6
134.0
134.5
134.1
134.2
134.9
134.8
135.1
135.3
137.7

714.1
715.0
726.6
728.4
731.6
733.4
738.6
742.2
743.2
754.6
757.5
759.2

106.2
104.7
107.6
107.8
109.3
109.7
111.0
112.5
111.6
116.4
117.8
118.6

50.1
48.5
50.6
50.6
51.4
51.7
51.9
53.0
51.7
55.2
56.8
57.6

40.4
40.3
40.6
40.5
41.1
41.0
42.1
42.4
42.3
43.5
43.6
43.1

15.7
15.9
16.4
16.7
16.8
17.0
17.1
17.1
17.6
17.7
17.3
17.9

289.2
290.9
296.9
297.6
300.0
300.2
302.4
303.1
304.4
308.4
307.4
307.2

149.0
150.5
154.1
154.7
155.4
155.8
155.9
155.9
156.6
157.7
157.0
156.7

52.9
52.7
54.0
53.5
55.0
54.8
55.7
56.3
56.7
58.5
57.6
57.2

25.0
25.0
25.3
25.1
25.3
25.1
25.5
25.6
25.5
25.7
25.9
26.2

62.3
62.8
63.6
64.2
64.3
64.5
65.3
65.4
65.5
66.6
66.8
67.1

318.7
319.4
322.0
323.0
322.4
323.5
325.2
326.6
327.3
329.8
332.4
333.5

109.8
110.1
110.5
111.0
111.5
112.2
112.7
113.3
113.9
114.5
115.0
115.5

43.4
43.5
44.6
44.8
44.4
44.9
45.3
45.3
45.6
46.2
46.9
47.0

27.1
27.2
27.2
27.3
27.3
27.4
27.5
27.6
27.8
27.9
28.1
28.1

138.4
138.7
139.7
139.9
139.1
139.0
139.7
140.4
139.9
141.1
142.4
142.8

766.4
770.2
770.5
766.8
768.1
765.6
772.9
763.4
775.3
768.8
769.8
763.5

122.9
124.6
126.7
124.1
124.4
119.0
120.5
118.8
123.1
118.5
117.9
115.2

59.6
60.2
62.4
59.6
59.9
54.3
55.9
53.9
57.1
52.9
52.1
49.9

45.2
46.2
45.9
46.1
46.0
46.3
46.1
46.5
46.9
46.5
47.4
46.8

18.2
18.2
18.4
18.4
18.5
18.3
18.5
18.5
19.1
19.1
18.4
18.4

310.1
311.4
309.0
307.4
306.2
307.0
312.1
303.8
308.6
306.7
307.9
305.4

157.3
156.8
154.7
153.8
152.7
153.0
157.4
150.5
152.5
151.8
151.4
151.8

58.7
59.6
59.8
59.1
58.6
59.5
59.5
58.2
59.8
59.1
60.1
59.3

26.4
26.9
26.7
26.5
26.3
25.2
25.9
25.9
26.3
26.2
26.7
25.0

67.7
68.1
67.8
67.9
68.5
69.3
69.3
69.1
70.1
69.6
69.8
69.3

333.5
334.2
334.8
335.3
337.6
339.6
340.3
340.7
343.5
343.5
344.0
343.0

115.5
115.9
116.5
116.8
117.3
117.8
118.2
118.8
119.4
120.0
120.7
121.1

46.3
46.3
46.4
46.5
47.3
47.7
47.6
48.0
48.8
48.5
48.4
47.4

28.3
28.3
28.3
28.3
28.3
28.3
28.4
28.5
28.6
28.7
28.8
28.7

143.3
143.6
143.5
143.7
144.6
145.8
146.0
145.4
146.7
146.4
146.1
145.7

764.4
760.0
761.9
764.2
765.6
764.8
768.5
774.9
766.9
763.7
754.8
753.3

115.2
112.9
115.2
114.8
115.5
113.8
114.4
119.7
113.4
108.4
102.8
102.2

48.7
47.1
48.0
47.8
48.2
47.7
48.1
53.5
48.3
44.8
40.8
41.3

47.7
47.3
48.0
47.9
48.3
47.1
47.5
47.5
46.8
45.5
44.4
43.3

18.9
18.6
19.1
19.0
19.1
19.0
18.8
18.7
18.3
18.1
17.7
17.5

305.2
303.2
301.9
303.6
303.1
303.6
305.8
305.9
303.7
303.2
301.6
298.6

151.6
150.7
150.0
150.9
150.3
152.1
154.2
155.9
154.5
154.2
154.9
152.5

60.5
59.4
59.5
59.7
59.8
59.0
59.8
58.6
58.4
57.8
56.3
55.8

23.5
23.5
23.4
23.8
24.5
24.8
25.3
24.8
25.2
25.9
25.7
26.9

69.6
69.7
69.1
69.1
68.6
67.7
66.5
66.7
65.6
65.4
64.8
63.3

344.0
343.9
344.9
345.9
346.9
347.5
348.3
349.3
349.8
352.0
350.4
352.6

121.6
122.1
122.6
123.1
123.6
124.0
124.5
125.0
125.4
125.8
126.2
126.5

47.4
46.7
46.9
47.5
47.3
47.9
47.7
47.6
47.9
49.0
47.6
48.2

28.9
29.0
29.0
28.9
28.9
28.9
28.8
28.8
28.6
28.6
28.2
28.6

146.0
146.1
146.5
146.4
147.2
146.7
147.3
147.9
148.0
148.6
148.3
149.2




Table 2.9.—Personal Consumption Expenditures by Major Type of Product in Constant Dollars: Annually and Seasonally Adjusted Monthly Totals
at Annual Rates, 1959-76—Continued
[Billions of 1972 dollars]
Durable goods
Year and month

Personal
consumption
expenditures

Total

Motor
vehicles
and parts

Furniture and
household
equipment

Nondurable goods

Other

Total

Food

Clothing
and
shoes

Services

Gasoline
and oil

Other

Total

Housing

Household
operation

Transportation

Other

1975
January
February
March
April
May
June
July
August
September
October
November
December

759.9
767.3
764.9
765.8
781.0
782.0
784.5
785.7
788.6
787.7
794.4
800.6

105.4
109.2
105.0
105.5
110.0
111.5
115.3
114.9
117.6
116.0
119.3
122.3

42.7
46.2
42.2
42.4
44.4
45.8
49.9
48.7
50.8
49.9
52.2
54.4

44.3
44.4
44.2
44.5
46.3
46.4
45.9
46.5
46.8
46.5
47.6
48.0

18.4
18.5
18.6
18.6
19.4
19.3
19.4
19.7
20.0
19.6
19.6
19.9

302.4
303.5
304.5
302.5
312.1
310.8
309.0
310.4
310.2
308.4
312.2
312.7

154.4
154.9
156.1
156.0
158.7
158.4
157.2
157.0
157.5
157.2
158.0
157.4

58.0
59.0
59.2
58.1
62.6
61.9
61.2
62.2
62.3
61.1
62.6
63.2

26.2
25.8
25.2
25.4
25.9
25.6
25.4
25.6
25.0
25.3
25.7
26.1

63.8
63.7
64.0
63.0
64.8
64.9
65.2
65.5
65.4
64.9
65.9
65.9

352.1
354.6
355.5
357.8
359.0
359.6
360.2
360.5
360.8
363.3
362.8
365.6

126.6
126.6
126.8
127.0
127.4
127.7
128.1
128.6
129.1
129.8
130.4
131.0

47.1
48.2
49.6
50.9
49.8
49.9
50.6
50.7
50.7
50.6
49.3
50.6

28.6
28.9
29.1
29.2
29.9
30.0
29.9
30.2
29.8
29.8
29.8
30.1

149.8
150.9
149.9
150.7
151.9
152.0
151.7
151.0
151.2
153.0
153.3
153.9

1976
January
February
March
April
May
June
July
August
September
October
November
December

809.4
809.1
813.2
819.0
812.0
822.1
824.8
826.2
830.2
831.4
837.2
849.6

124.3
125.6
125.6
127.8
122.6
126.5
127.5
125.9
127.2
125.3
127.1
133.2

55.5
57.6
57.5
58.8
54.8
57.4
58.1
56.2
57.7
54.9
57.2
62.0

48.3
48.1
48.0
48.6
47.8
48.6
48.8
49.2
49.1
49.7
49.8
50.4

20.5
19.9
20.0
20.3
20.1
20.5
20.5
20.5
20.4
20.7
20.1
20.8

317.2
316.1
317.7
320.6
318.3
323.3
323.1
324.3
324.7
326.8
326.8
330.5

160.6
160.4
162.4
162.9
162.9
165.2
165.0
166.3
166.4
167.4
167.0
169.5

63.4
63.4
62.5
63.8
62.1
63.8
64.3
64.0
64.1
65.0
64.4
65.2

26.3
26.3
26.5
26.8
26.6
26.8
26.6
26.5
27.0
26.9
27.3
27.5

66.9
65.9
66.3
67.1
66.7
67.5
67.2
67.4
67.2
67.6
68.0
68.2

367.9
367.5
369.9
370.6
371.0
372.3
374.2
375.9
378.3
379.3
383.4
385.8

131.5
131.8
132.1
132.8
133.4
134.2
135.2
135.9
136.7
137.4
138.2
139.0

51.3
49.7
50.5
50.8
51.0
51.2
51.6
52.4
52.9
53.3
54.4
54.5

30.2
30.4
30.7
30.8
30.7
30.8
30.8
30.6
30.9
30.9
31.2
31.6

154.9
155.7
156.6
156.3
155.9
156.1
156.6
157.0
157.8
157.6
159.5
160.8




3. Government Receipts and Expenditures
Table 3.1.—Government Receipts and Expenditures: Annually, 1929-76
[Millions of dollars]
Line

1930

1929

1932

1931

1934

1933

1936

1935

1937

1940

1939

1938

1

11,258

10,757

9,477

8,886

9,325

10,458

11,362

12,928

15,380

15,022

15,382

17,741

2
3
4
5

2,595
1,369
7,051
243

2,460
842
7,202
253

1,817
498
6,900
262

1,420
385
6,803
278

1,437
521
7,082
285

1,568
744
7,842
304

1,861
951
8,217
333

2,231
1,409
8,690
598

2,895
1,502
9,183
1,800

2,834
1,029
9,182
1,977

2,413
1,441
9,392
2,136

2,574
2,834
10,051
2,282

6

10,276

11,071

12,362

10,643

10,709

12,860

13,379

16,066

15,034

16,786

17,559

18,428

Purchases of goods and services
Compensation of employees
Other

7
8
9

8,823
4,325
4,498

9,503
4,535
4,968

9,455
4,648
4,807

8,317
4,435
3,882

8,243
4,686
3,557

10,018
5,569
4,449

10,202
5,935
4,267

12,167
7,254
4,913

12,041
6,889
5,152

13,157
7,613
5,544

13,503
7,585
5,918

14,157
7,761
6,396

Transfer payments
To persons..
To foreigners

10
11
12

953
919
34

1,045
1,009
36

2,115
2,075
40

1,464
1,443
21

1,483
1,466
17

1,572
1,562
10

1,837
1,817
20

2,970
2,938
32

1,924
1,864
60

2,447
2,418
29

2,553
2,526
27

2,732
2,700
32

Net interest paid
Interest paid
To persons and business
To foreigners
Less: Interest received by government '

13
14
15
16
17

652

652

848

929

1,015

1,053

1,005

956

1,071

1,066

1,077

1,179

0

0

0

0

0

0

0

0

0

0

0

6

Less* Dividends received by government '

18

Subsidies less current surplus of government enterprises
Subsidies
Less* Current surplus of government enterprises

19
20
21

-152

-129

-56

-67

-32

217

335

-27

-2

116

426

360

Less: Wage accruals less disbursements

22

0

0

0

0

0

0

0

0

0

0

0

23

982

-314

-2,885

-1,757

-1,384

-2,402

-2,017

-3,138

346

-1,764

-2,177

-687

24
25

163
819

168
-482

162
-3,047

153
-1,910

144
-1,528

142
-2,544

165
-2,182

388
-3,526

1,576
-1,230

1,221
-2,985

1,295
-3,472

1,345
-2,032

1943

1944

1945

1946

1947

1948

1949

1950

1951

Receipts
Personal tax and nontax receipts
Corporate profits tax accruals
Indirect business tax and nontax accruals
Contributions for social insurance
Expenditures

Surplus or deficit ( —), national income and product
accounts.
Social insurance funds
Other

1942

Line

1

Expenditures

24,983

32,633

49,170

51,184

53,216

51,002

56,920

58,937

55,941

68,996

85,235

2

5,942
11,415

18,901
12,949
14,161
5,173

20,840
10,689
15,549
6,138

18,673
9,104
17,124

21,026

11,268

3,468

17,819
14,074
12,761
4,516

21,392

3
4
5

3,270
7,610
11,319
2,784

6,101

18,443
5,817

12,421
20,124
5,366

18,506
10,203
21,337
5,895

20,591
17,925
23,422
7,058

28,921
22,559
25,280
8,475

6

Receipts
Personal tax and nontax receipts
Corporate profits tax accruals
Indirect business tax and nontax accruals
Contributions for social insurance

28,755

63,997

93,293

102,999

92,709

45,588

42,521

50,489

59,304

60,993

79,169

38,392
19,441
18,951

20,879
17,614

60,099
27,396
32,703

16,828
11,722
5,106

17,967
14,404
3,563

14,750
11,644
3,106

4,419

4,466

114

-102

11,808

24,931
9,405
15,526

59,801
15,115
44,686

88,853
25,560
63,293

97,016
32,187
64,829

82,813
35,151
47,662

27,548
20,793
6,755

25,453
16,715
8,738

31,964
17,431
14,533

10
11
12

2,607

2,408
2,461
-53

2,995
3,083

-14

2,741
2,651
90

5,990
5,638
352

13,097
10,848
2,249

13,093
11,150
1,943

14,455
10,627
3,828

13
14
15
16
17

1,167

1,360

1,897

2,376

3,187

4,092

4,184

4,218

Purchases of goods and services
Compensation of employees
Other

7

Transfer payments
To persons
To foreigners
Net interest paid
Interest paid
To persons and business
To foreigners
Less: Interest received by government

8

9

1

2,621

25

Less: Dividends received by government 1

18

Subsidies less current surplus of government enterprises
Subsidies
Less: Current surplus of government enterprises

19
20

Less: Wage accruals less disbursements

22

0

0

0

0

0

0

0

0

0

0

44

Surplus or deficit ( —), national income and product 23
accounts.

-3,772

-31,364

-44,123

-51,815

-39,493

5,414

14,399

8,448

-3,363

3,003

6,066

1,962
-5,734

2,644
-34,008

3,902
-48,025

4,552
-56,367

4,949
-44,442

3,851
1,563

3,936
10,463

3,378
5,070

2,665
-6,028

1,068
6,935

4,097
1,9"

Social insurance funds
Other




50

-209

95

-148

-254

21

0

Table 3.1.—Government Receipts and Expenditures: Annually, 1929-76—Continued
[Millions of dollars]
Line

1955

1954

1953

1956

1957

1958

1959

1960

1961

1962

1963

1964

1

Receipts..
Personal tax and nontax receipts
Corporate profits tax accruals
Indirect business tax and nontax accruals..
Contributions for social insurance

94,619

89,874

101,101

109,650

116,173

114,973

129,424

139,497

144,818

156,699

168,502

174,018

2
3
4
5

35,469
20,287
29,730
9,133

32,504
17,624
29,636
10,110

35,383
22,041
32,225
11,452

39,651
21,993
35,070
12,936

42,379
21,423
37,491
14,880

42,136
18,964
38,665
15,208

45,980
23,646
41,792
18,006

50,354
22,696
45,389
21,058

52,066
22,781
48,035
21,936

56,835
23,972
51,557
24,335

60,320
26,231
54,638
27,313

58,618
27,985
58,752
28,663

6

101,552

97,020

97,958

104,457

115,248

127,598

131,005

136,402

149,072

160,483

167,785

176,289

Purchases of goods and services
Compensation of employees
Other

. 7
8
9

82,524
31,942
50,582

75,760
32,478
43,282

75,006
34,195
40,811

79,391
36,595
42,796

87,084
39,123
47,961

95,040
42,123
52,917

97,586
43,995
53,591

100,259
47,146
53,113

108,156
50,528
57,628

118,034
54,307
63,727

123,661
58,021
65,640

129,810
62,876
66,934

Transfer payments
To persons
To foreigners

. 10
. 11
12

14,878
12,900
1,978

16,880
15,104
1,776

18,278
16,236
2,042

19,178
17,310
1,868

21,856
20,081
1,775

26,139
24,341
1,798

27,058
25,209
1,849

28,852
26,966
1,886

32,872
30,782
2,090

33,787
31,626
2,161

35,612
33,433
2,179

36,942
34,775
2,167

Net interest paid
Interest paid
To persons and business
To foreigners
Less: Interest received by government 1 .

13
14
15
16
17

4,561

4,704

4,692

5,154

5,616

5,336

6,291

86

59

94

154

201

139

281

6,869
10,140
9,808
332
3,271

6,361
9,864
9,586
278
3,503

6,904
10,773
10,434
339
3,869

7,392
11,578
11,177
401
4,186

7,879
12,481
12,028
453
4,602

Less: Dividends received by government 1 .

18

Subsidies less current surplus of government enterprisesSubsidies
Less: Current surplus of government enterprises

19
20
21

-487

-324

-18

734

692

1,083

70
1,107
1,037

422
1,239
817

1,683
2,137
454

1,758
2,399
641

1,120
2,322
1,202

1,658
2,810
1,152

Less: Wage accruals less disbursements

22

-76

0

0

0

0

0

0

0

0

0

0

0

23

-6,933

-7,146

3,143

5,193

925

-12,625

-1,581

3,095

-4,254

-3,784

717

-2,271

24
25

3,615
-10,548

2,774
-9,920

3,355
-212

3,905
1,287

3,637
-2,714

59
-12,684

2,230
-3,811

3,845
-750

1,375
-5,629

3,302
-7,086

5,032
-4,315

5,966
-8,237

Expenditures..

Surplus or deficit ( —), national income and product
accounts.
Social insurance fundsOther

Line

Personal tax and nontax receipts
Corporate profits tax accruals
Indirect business tax and nontax accruals
Contributions for social insurance

1966

1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

1

Receipts

1965
188,349

212,279

228,182

263,139

296,713

302,834

322,551

368,312

413,092

455,231

470,456

538,424

2
3
4
5

64,874
30,876
62,575
30,024

74,477
33,658
65,320
38,824

82,078
32,480
70,239
43,385

97,186
39,154
78,860
47,939

115,740
39,469
86,551
54,953

115,800
34,161
94,283
58,590

116,697
37,532
103,682
64,640

141,031
41,620
111,459
74,202

150,688
49,045
120,925
92,434

170,248
51,570
129,065
104,348

168,895
50,625
140,057
110,879

196,833
63,844
151,718
126,029

6

187,823

213,566

242,419

269,100

286,775

313,405

341,997

371,639

405,265

459,963

534,264

574,938

Purchases of goods and services
Compensation of employees
Other

7
8
9

138,350
67,592
70,758

158,666
76,546
82,120

180,188
85,142
95,046

198,970
95,171
103,799

208,755
104,455
104,300

220,145
115,829
104,316

234,855
126,009
108,846

253,100
137,786
115,314

270,435
149,625
120,810

304,070
162,193
141,877

339,892
179,606
160,286

362,100
194,628
167,472

Transfer payments
To persons
To foreigners

10
11
12

39,779
37,602
2,177

43,904
41,627
2,277

51,704
49,458
2,246

58,563
56,447
2,116

64,817
62,762
2,055

78,267
76,069
2,198

92,576
89,991
2,585

102,565
99,820
2,745

116,628
113,997
2,631

138,640
135,418
3,222

173,943
170,872
3,071

189,569
186,353
3,216

Net interest paid
Interest paid
To persons and business
To foreigners
Less: Interest received by government

13
14
15
16
17

8,084
13,187
12,698
489
5,103

8,500
14,494
13,945
549
5,994

8,908
15,749
15,151
598
6,841

10,310
18,056
17,354
702
7,746

11,468
19,780
19,003
777
8,312

12,318
22,254
21,230
1,024
9,936

12,423
23,105
21,261
1,844
10,682

12,860
24,790
22,106
2,684
11,930

15,199
29,585
25,749
3,836
14,386

16,427
33,557
29,295
4,262
17,130

18,851
38,056
33,514
4,542
19,205

23,138
44,654
40,134
4,520
21,516

97

151

235

279

328

458

821

842

842

1,619
3,896
2,277

1,354
4,306
2,952

1,886
4,650
2,764

2,910
4,951
2,041

2,631
4,963
2,332

3,775
6,966
3,191

3,449
5,629
2,180

1,117
3,754
2,637

2,420
5,086
2,666

973
5,791
4,818

Expenditures

Less* Dividends received by government

1
1

18

Subsidies less current surplus of government enterprises
Subsidies
Less: Current surplus of government enterprises

19
20
21

1,610
3,088
1,478

2,496
4,032
1,536

Less: Wage accruals less disbursements

22

0

0

0

0

0

0

209

333

-12

-530

0

0

-5,961

9,938

-10,571

-19,446

-3,327

7,827

-4,732

-63,808

-36,514

10,500
-16,461

13,639
-3,701

10,730
-21,301

7,677
-27,123

11,169
-14,496

18,681
-10,854

16,890
-21,622

-24
-63,784

3,763
-40,277

Surplus or deficit ( —), national income and product 23
accounts.

-1,287

24
25
1

526

-14,237

5,455
-4,929

11,453
-12,740

10,910
-25,147

Prior to 1968, dividends received is included in interest received (line 17).




Table 3.2.—Federal Government Receipts and Expenditures: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-76
[Millions of dollars]
Line

1930

1929

1932

1931

1934

1933

1935

1936

1938

1937

1940

1939

1

3,804

3,047

2,047

1,708

2,670

3,541

3,964

5,024

7,039

6,480

6,721

8,641

Personal tax and nontax receipts
Income taxes
Estate and gift taxes
Nontaxes

2
3
4
5

1,263
1,179
60
24

1,134
1,045
60
29

607
532
55
20

331
285
30
16

474
355
68
16

595
440
127
13

827
568
245
14

1,130
732
381
17

1,723
1,305
397
21

1,635
1,230
385
20

1,235
854
366
15

1,364
1,012
336
16

Corporate profits tax accruals

6

1,224

744

423

328

462

644

820

1,252

1,337

895

1,285

2,635

Indirect business tax and nontax accruals
Excise taxes
Customs duties
Nontaxes

7
8
9
10

1,193
562
575
56

1,045
535
454
56

894
489
356
49

924
633
248
43

1,619
1,220
283
36

2,181
1,761
291
37

2,181
1,694
353
39

2,251
1,687
387
39

2,406
1,771
454
42

2,216
1,702
342
45

2,322
1,818
327
44

2,627
2,109
305
46

Contributions for social insurance

11

124

124

123

125

115

121

136

391

1,573

1,734

1,879

2,015

12

2,629

2,764

4,181

3,185

3,985

6,394

6,535

8,653

7,397

8,609

8,930

9,966

13
14
15

1,441

1,552

1,613

1,578

2,122

3,123

3,013

5,032

4,737

5,480

5,176
1,235
3,941

6,077
2,197
3,880

16
17
18

735
701
34

781
745
36

1,766
1,726
40

962
941
21

724
707
17

619
609
10

665
645
20

2,108
2,076
32

901
841
60

1,238
1,209
29

1,281
1,254
27

1,470
1,438
32

Receipts

Expenditures
Purchases of goods and services
National defense
Nondefense

•

Transfer payments
To persons
To foreigners
Grants-in-aid to State and local governments

19

117

125

313

134

502

1,633

1,706

724

764

778

988

857

Net interest paid
Interest paid
To persons and business
To foreigners

20
21
22
23

256

196

323

369

436

505

489

442

592

595

617

707

0

0

0

0

0

0

0

0

0

0

0

6

110

166

142

201

514

662

347

403

518

868

855

0

Less* Interest rcccivcd by ^jOvcrnmcnt

24

Subsidies less current surplus of government enterprises
Subsidies
Less* Current surplus of government enterprises

25
26
27

80

Less: Wage accruals less disbursements

28

0

0

0

0

0

0

0

0

0

0

29

1,175

283

-2,134

-1,477

-1,315

-2,853

-2,571

-3,629

-358

-2,129

-2,209

-1,325

30
31

101
1,074

99
184

89
-2,223

72
-1,549

58
-1,373

49
-2,902

62
-2,633

281.
-3,910

1,452
-1,810

1,084
-3,213

1,145
-3,354

1,185
-2,510

1943

1944

1945

1946

1947

1948

1949

1950

1951

1952

Surplus or deficit ( —), national income and product
accounts.
Social insurance funds

Line

1942

1941

0

1

15,420

22,943

39,258

41,008

42,495

39,105

43,220

43,218

38,706

50,035

64,277

67,317

Personal tax and nontax receipts
Income taxes
Estate and gift taxes
Nontaxes....

2
3
4
5

2,016
1,599
396
21

4,668
4,040
465
42

16,517
15,906
455
79

17,536
16,797
557
108

19,379
18,526
654
118

17,166
16,343
725
97

19,643
18,784
819
40

18,973
18,054
885
34

16,137
15,362
740
35

18,090
17,415
643
32

26,131
25,354
731
46

31,031
30,141
837
53

Corporate profits tax accruals

6

7,333

11,065

13,616

12,484

10,234

8,642

10,664

11,750

9,598

17,155

21,676

18,573

Indirect business tax and nontax accruals
Excise taxes
Customs duties
Nontaxes....

7
8
9
10

3,567
2,814
416
55

4,049
3,358
295
67

4,944
4,055
396
112

6,171
5,217
363
219

7,128
6,175
384
216

7,791
7,202
489
100

7,791
7,246
418
127

7,970
7,436
392
142

8,020
7,505
365
150

8,860
8,200
534
126

9,352
8,625
575
152

10,296
9,572
564
160

Contributions for social insurance

11

2,504

3,161

4,181

4,817

5,754

5,506

5,122

4,525

4,951

5,930

7,118

7,417

12

20,484

56,079

85,844

95,493

84,561

35,582

29,836

34,902

41,344

40,827

57,769

71,052

Purchases of goods and services
National defense
Nondefense

13
14
15

16,947
13,740
3,207

51,984
49,360
2,624

81,349
79,741
1,608

89,390
87,432
1,958

74,625
73,502
1,123

17,617
14,789
2,828

12,698
9,048
3,650

16,700
10,668
6,032

20,410
13,187
7,223

18,724
13,995
4,729

38,322
33,487
4,835

52,365
45,838
6,527

Transfer payments
To persons.
To foreigners

16
17
18

1,365
1,379
-14

1,512
1,422
90

1,188
1,241
-53

1,754
1,842
-88

4,667
4,315
352

11,374
9,125
2,249

10,773
8,830
1,943

11,460
7,632
3,828

13,846
8,740
5,106

14,392
10,829
3,563

11,631
8,525
3,106

10,849
8,761
2,088

Grants-in-aid to State and local governments

19

807

888

942

947

870

1,108

1,738

1,986

2,228

2,343

2,487

2,646

Net interest paid
Interest paid
To persons and business
To foreigners

20
21
22
23

751

981

1,552

2,071

2,924

3,912

4,076

4,131

4,264

4,351

4,447

4,457

6

7

9

12

17

15

16

17

25

31

47

64

614

714

813

1,331

1,475

1,571

551

625

596

1,017

926

767

Receipts

Expenditures

Less: Interest received by government

24

Subsidies less current surplus of government enterprises
Subsidies
Less: Current surplus of government enterprises

25
26
27

Less: Wage accruals less disbursements

28

0

0

0

0

0

0

0

0

0

0

44

32

Surplus or deficit ( —), national income and product 29
accounts.

-5,064

-33,136

-46,586

-54,485

-42,066

3,523

13,384

8,316

-2,638

9,208

6,508

-3,735

30
31

1,794
-6,858

2,466
-35,602

3,710
-50,296

4,345
-58,830

4,728
-46,794

3,509
14

3,538
9,846

2,866
5,450

2,072
-4,710

353
8,855

3,232
3,276

3,283
-7,018

Social insurance funds
Other




Table 3.2.—Federal Government Receipts and Expenditures: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates,
1946-76—Continued
[Millions of dollars]
Line

1954

1953

1955

1957

1956

1958

1961

1960

1959

1962

1963

1964

1

70,032

63,738

72,559

77,985

81,906

78,662

89,826

96,141

98,058

106,187

114,415

114,913

Personal tax and nontax receipts
Income taxes
Estate and gift taxes
Nontaxes...

2
3
4
5

32,247
31,273
910
64

28,998
28,027
908
63

31,437
30,419
968
50

35,170
33,847
1,268
55

37,411
35,936
1,430
45

36,786
35,410
1,329
47

39,914
38,466
1,404
44

43,644
41,844
1,759
41

44,704
42,709
1,950
45

48,635
46,531
2,054
50

51,483
49,185
2,241
57

48,626
46,001
2,567
58

Corporate profits tax accruals

6

19,478

16,851

21,073

20,949

20,404

17,960

22,484

21,447

21,491

22,470

24,578

26,141

Indirect business tax and nontax accruals
Excise taxes
Customs duties
Nontaxes

7
8
9
10

10,895
10,152
570
173

9,733
8,981
544
208

10,674
9,792
657
225

11,245
10,267
721
257

11,793
10,754
768
271

11,498
10,397
825
276

12,508
11,185
1,049
274

13,429
12,035
1,066
328

13,602
12,169
1,030
403

14,606
12,972
1,202
432

15,258
13,509
1,227
522

16,173
14,158
1,318
697

Contributions for social insurance

11

7,412

8,156

9,375

10,621

12,298

12,418

14,920

17,621

18,261

20,476

23,096

23,973

12

77,108

69,772

68,142

71,918

79,624

88,933

90,964

93,106

101,944

110,434

114,159

118,182

Purchases of goods and services
National defense
Nondefense

13
14
15

57,530
48,594
8,936

47,933
41,112
6,821

44,455
38,446
6,009

45,902
40,156
5,746

49,964
44,017
5,947

53,904
45,565
8,339

53,890
45,597
8,293

53,711
44,451
9,260

57,370
46,995
10,375

63,738
51,052
12,686

64,631
50,296
14,335

65,218
49,048
16,170

Transfer payments
To persons
To foreigners

16
17
18

11,426
9,448
1,978

13,288
11,512
1,776

14,463
12,421
2,042

15,241
13,373
1,868

17,509
15,734
1,775

21,348
19,550
1,798

21,966
20,117
1,849

23,448
21,562
1,886

27,070
24,980
2,090

27,748
25,587
2,161

29,204
27,025
2,179

30,042
27,875
2,167

Grants-in-aid to State and local governments

19

2,834

2,913

3,120

3,331

4,209

5,641

6,848

6,526

7,245

7,979

9,141

10,433

Net interest paid
Interest paid
To persons and business
To foreigners

20
21
22
23

4,554

4,644

4,598

5,071

5,538

5,208

6,165

86

59

94

154

201

139

281

6,806
8,088
7,756
332

6,248
7,616
7,338
278

6,758
8,306
7,967
339

7,309
8,903
8,502
401

7,983
9,561
9,108
453

1,282

1,368

1,548

1,594

1,578

688

994

1,506

2,373

2,404

2,832

2,095
1,107
-988

2,615
1,239
-1,376

4,011
2,137
-1,874

4,211
2,399
-1,812

3,874
2,310
-1,564

4,506
2,800
-1,706

Receipts

Expenditures

.

Less* Interest received by government

24

Subsidies less current surplus of government enterprises
Subsidies
Less- Current surplus of government enterprises

25
26
27

Less: Wage accruals less disbursements

28

-76

0

0

0

0

0

0

0

0

0

0

0

Surplus or deficit ( - ) , national income and product 29
accounts.

-7,076

-6,034

4,417

6,067

2,282

-10,271

-1,138

3,035

-3,886

-4,247

256

-3,269

30
31

2,526
-9,602

1,506
-7,540

2,008
2,409

2,414
3,653

1,978
304

-1,697
-8,574

209
-1,347

1,551
1,484

-1,074
-2,812

719
-4,966

2,219
-1,963

2,775
-6,044

Line

1965

1966

1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

Social insurance funds
Other

1

124,337

141,843

150,496

174,442

196,858

191,871

198,554

227,505

258,640

287,821

287,335

331,750

Personal tax and nontax receipts
Income taxes
Estate and gift taxes
Nontaxes

2
3
4
5

53,947
51,080
2,815
52

61,696
58,602
3,046
48

67,475
64,351
3,065
59

79,661
76,491
3,128
42

95,113
91,489
3,563
61

92,611
88,841
3,682
88

90,305
85,652
4,588
65

108,209
102,713
5,361
135

114,702
109,482
5,092
128

131,260
126,350
4,795
115

125,830
120,818
4,887
125

147,273
141,544
5,583
146

Corporate profits tax accruals

6

28,899

31,428

30,026

36,055

36,064

30,616

33,456

36,607

43,260

45,115

43,559

54,577

Indirect business tax and nontax accruals
Excise taxes
Customs duties...
Nontaxes

7
8
9
10

16,479
13,870
1,613
996

15,598
12,642
1,869
1,087

16,265
13,328
1,909
1,028

18,001
14,701
2,258
1,042

18,985
15,539
2,370
1,076

19,298
15,694
2,484
1,120

20,351
15,988
3,112
1,251

19,969
15,609
2,997
1,363

21,215
16,652
3,271
1,292

21,688
16,546
3,658
1,484

23,890
16,373
5,864
1,653

23,398
17,024
4,560
1,814

Contributions for social insurance

11

25,012

33,121

36,730

40,725

46,696

49,346

54,442

62,720

79,463

89,758

94,056

106,502

12

123,807

143,632

163,676

180,491

188,425

204,306

220,579

244,324

264,231

299,345

356,617

384,833

Purchases of goods and services
National defense
Nondefense

13
14
15

67,268
49,443
17,825

78,833
60,330
18,503

90,924
71,462
19,462

98,019
76,868
21,151

97,564
76,320
21,244

95,737
73,565
22,172

96,190
70,230
25,960

101,679
73,136
28,543

101,968
72,837
29,131

110,993
77,046
33,947

122,708
82,971
39,737

129,174
85,964
43,210

Transfer payments
To persons
To foreigners

16
17
18

32,462
30,285
2,177

35,757
33,480
2,277

42,326
40,080
2,246

48,071
45,955
2,116

52,616
50,561
2,055

63,532
61,334
2,198

75,264
72,679
2,585

83,260
80,515
2,745

95,906
93,275
2,631

117,761
114,539
3,222

149,340
146,269
3,071

161,977
158,761
3,216

Grants-in-aid to State and local governments

19

11,121

14,384

15,912

18,587

20,346

24,447

29,011

37,528

40,563

43,940

54,558

61,101

Net interest paid
Interest paid
To persons and business
To foreigners

20
21
22
23

8,380
10,046
9,557
489

9,160
11,053
10,504
549

9,840
11,998
11,400
598

11,299
13,849
13,147
702

12,691
14,934
14,157
777

14,113
16,638
15,614
1,024

13,818
16,561
14,717
1,844

14,405
17,256
14,572
2,684

18,008
21,129
17,293
3,836

20,654
23,937
19,675
4,262

23,090
26,992
22,450
4,542

26,769
32,143
27,623
4,520

Receipts

Expenditures

Less: Interest received by government
Subsidies less current surplus of government enterprises
Less: Current surplus of government enterprises

24

1,666

1,893

2,158

2,550

2,243

2,525

2,743

2,851

3,121

3,283

3,902

5,374

25
26
27

4,576
3,070
-1,506

5,498
4,008
-1,490

4,674
3,870
-804

4,515
4,279
-236

5,208
4,625
-583

6,477
4,927
-1,550

6,335
4,929
-1,406

7,935
6,913
-1,022

7,794
5,548
-2,246

5,467
3,638
-1,829

6,921
4,928
-1,993

5,812
5,602
-210

28

0

0

0

0

0

0

39

483

8

-530

0

0

Surplus or deficit ( —), national income and product 29
accounts.

530

-1,789

-13,180

-6,049

8,433

-12,435

-22,025

-16,819

-5,591

-11,524

-69,282

-53,083

30
31

2,021
-1,491

7,475
-9,264

6,115
-19,295

5,247
-11,296

7,811
622

3,803
-16,238

50
-22,075

2,477
-19,296

9,043
-14,634

5,912
-17,436

-13,123
-56,159

-11,863
-41,220

Less: Wage accruals less disbursements




Table 3.2.—Federal Government Receipts and Expenditures: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates,
1946-76—Continued
[Billions of dollars]
1946

1947

1948

1949

Line
I

III

II

IV

I

II

III

IV

I

III

II

IV

I

II

III

IV

1

35.0

38.2

41.1

42.1

43.5

42.8

42.1

44.5

44.6

43.4

42.5

42.3

40.6

38.6

38.3

37.4

Personal tax and nontax receipts
Income taxes
E s t a t e and gift taxes
Nontaxes

2
3
4
5

16.0
15.1
.7
.1

17.3
16.3
.8
.1

17.8
17.0
.7
.1

17.7
16.9
.7
.0

19.1
18.2
.9
.0

19.3
18.5
.7
.0

19.6
18.7
.9
.0

20.6
19.8
.8
.0

21.0
20.1
.9
.0

18.9
17.8
1.0
.0

18.0
17.1
.9
.0

18.1
17.3
.8
.0

17.2
16.5
.7
.0

16.4
15.6
.7
.0

15.7
14.9
.8
.0

15.2
14.4
.7
.0

Corporate profits tax accruals

6

5.8

7.6

10.0

11.2

10.9

10.3

10.2

11.1

11.5

12.1

11.9

11.5

10.4

9.2

9.5

9.4

Indirect business tax and nontax accruals
Excise taxes
Customs duties
Nontaxes

7
8
9
10

7.5

7.7

8.0

8.0

7.9

7.7

7.5

8.0

7.7

8.0

8.1

8.1

7.9

8.1

8.2

7.9

Contributions for social insurance

11

5.7

5.6

5.4

5.3

5.5

5.5

4.8

4.7

4.5

4.4

4.5

4.6

5.0

5.0

4.9

4.9

12

42.7

35.5

32.1

32.0

28.7

29.2

32.2

29.3

31.0

33.0

36.7

39.0

40.0

41.7

42.4

41.4

P u r c h a s e s of goods and services
National defense
Nondefense

13
14
15

22.6
20.4
2.2

16.8
14.4
2.3

15.3
12.0
3.3

15.8
12.3
3.5

12.6
9.4
3.2

13.1
8.9
4.2

12.6
8.6
4.0

12.6
9.3
3.3

13.7
9.8
3.9

15.9
10.3
5.6

17.6
10.6
7.0

19.7
12.0
7.7

19.8
12.7
7.0

20.7
13.4
7.4

20.7
13.6
7.0

20.5
13.1
7.4

T r a n s f e r payments
To persons
To foreigners

16
17
18

13.0
10.2
2.7

11.8
9.4
2.4

10.7
8.8
2.0

10.0
8.1
1.9

9.9
8.1
1.7

9.6
7.7
1.9

13.2
11.1
2.1

10.4
8.3
2.1

10.9
7.9
3.0

10.7
7.7
3.0

12.3
7.5
4.8

12.0
7.5
4.5

13.3
8.2
5.1

14.1
8.7
5.4

14.4
9.1
5.3

13.8
9.1
4.7

Receipts

Expenditures

G r a n t s - i n - a i d to State and local governments

19

1.0

.9

1.2

1.4

1.6

1.8

1.8

1.8

1.8

1.9

2.1

2.2

2.1

2.0

2.5

2.3

N e t interest paid
Interest paid
To persons and business
To foreigners

20
21
22
23

3.7

3.9

4.0

4.0

4.0

4.1

4.1

4.1

4.1

4.1

4.1

4.2

4.2

4.3

4.3

4.3

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

2.5

2.0

.9

.8

.7

.6

.5

.4

.5

.4

.7

1.0

.6

.6

.6

.5

Less* Interest received by government

24

Subsidies less current surplus of government enterprises
Subsidies
Less* Current surplus of government enterprises

25
26
27

Less: Wage accruals less disbursements

28

.1

-.1

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

29

-7.7

2.7

9.0

10.1

14.8

13.6

10.0

15.2

13.6

10.5

5.8

3.3

.6

-3.1

-4.1

-4.1

S u r p l u s o r deficit ( —), national income and product
accounts.
Social insurance funds

Other

30
31

1950

1951

1952

1953

Line
III

IV

III

IV

42.6

46.8

53.1

57.7

65.9

62.9

62.2

Personal tax and nontax receipts
Income taxes
Estate and gift taxes
Nontaxes

15.8
15.1

16.8
16.1

18.1

23.5

28.8

.7

25.4
24.7
.7

26.8
26.1

.6
.0

.7

.0

.0

21.6
21.0
.6
.0

.0

.0

Corporate profits tax accruals

13.1

15.6

19.1

20.9

25.3

21.4

8.0

8.6

9.9

8.9

10.0

9.0

Receipts

Indirect business tax and nontax accruals
Excise taxes
Customs duties
Nontaxes

17.4
.7

22.8

.7

IV

III

III

69.9

71.8

71.9

70.8

32.0
31.2
.
8

32.5
31.5
1.0

32.4
31.5

32.1
31.2
.9

66.3

66.4

27.9

29.9
29.0

.0

.8
.0

.8
.0

30.9
29.9
.9
.0

.1

.1

.1

.8
.1

19.4

20.8

19.0

17.9

17.9

19.7

20.8

20.9

20.4

9.0

9.5

9.9

10.3

10.3

10.7

11.0

11.1

10.9

31.3
30.4
.9

.1

5.7

5.8

6.0

6.3

7.1

7.2

7.0

7.2

7.5

7.3

7.4

7.5

7.5

7.6

7.3

47.2

39.0

36.5

40.4

47.6

54.5

61.2

67.9

66.1

70.1

74.4

73.6

76.3

78.2

76.6

P u r c h a s e s of goods and services
National defense
Nondefense

18.6

17.4
12.5
4.9

18.0

20.9
16.9
3.9

28.7
24.0
4.7

35.1
30.3
4.8

42.3
37.7
4.6

47.2
42.0
5.2

48.3
42.4

52.2
45.6

57.2
49.1

6.0

6.6

54.3
46.9
7.4

54.6
48.5

6.1

6.1

8.1

58.1
49.5
8.7

57.2
48.3
8.9

T r a n s f e r payments
To persons
To foreigners

21.0

13.9

11.2

11.6

11.9

8.1

8.2

11.4
9.3

3.0

11.7
9.2
2.5

10.9
9.2

3.5

8.6
3.1

10.7
8.3

3.7

11.9
8.7
3.2

10.0

10.1

10.9
7.7
3.1

11.6

17.1
3.9

11.3
9.2

2.1

2.1

11.3
9.4
1.9

Grants-in-aid to State and local governments

2.4

2.4

2.3

2.3

2.5

2.5

2.6

2.5

2.3

3.4

2.8

N e t interest paid
Interest paid
To persons and business
To foreigners

4.3

4.5

4.5

4.6

Contributions for social insurance
Expenditures

12.4

4.3

14.1
4.0

4.4

4.4

4.4

4.4

8.8

3.1
2.4
4.4

4.5

8.3
1.8

4.5

2.4
2.5
4.4

1.6

2.8
2.8

4.5

4.5

.0

Less: Interest received by government
Subsidies less current surplus of government enterprises
Subsidies
Less: Current surplus of government enterprises
Less: Wage accruals less disbursements
Surplus or deficit ( - ) , national income and product
accounts.
Social insurance funds

Other




1.0

1.0

1.0

1.0

.0

.0

.0

.0

.7

-.6

-4.7

7.8

16.6

17.3

1.0

-1.7

.0

-7.5

.0

.0

-3.7

-4.5

- . 1

-6.2

- . 1

-5.8

Table 3.2.—Federal Government Receipts and Expenditures: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates,
1946-76—Continued
[Billions of dollars]
1954
II

I

1956

1955

Line
I

IV

III

II

III

1957

I

IV

II

III

IV

I

II

III

IV

1

62.9

62.9

63.5

65.7

69.7

71.6

73.6

75.5

76.0

77.6

77.6

80.5

82.7

82.5

82.6

79.6

Personal tax and nontax receipts
Income taxes
Estate and gift taxes
Nontaxes

2
3
4
5

29.1
28.1
.9
.1

28.8
27.9
.9
.1

28.8
27.9
.9
.1

29.3
28.3
.9
.1

30.0
29.0
1.0
.1

30.9
30.0
.8
.0

31.9
30.9
.9
.1

32.9
31.7
1.1
.1

33.8
32.6
1.1
.1

35.0
33.5
1.4
.1

35.5
34.1
1.3
.1

36.4
35.1
1.3
.0

37.0
35.7
1.3
.0

37.6
36.0
1.6
.0

37.8
36.2
1.5
.0

37.2
35.8
1.3
.0

Corporate profits tax accruals

6

15.7

16.1

17.1

18.4

20.5

20.7

21.3

22.1

21.0

21.4

20.1

21.1

21.7

20.8

20.4

18.6

Indirect business tax and nontax accruals
Excise taxes
Customs duties
Nontaxes

7
8
9
10

9.9

9.8

9.5

9.7

10.2

10.8

10.9

10.8

10.9

10.9

11.3

12.0

11.9

11.8

12.0

11.5

Contributions for social insurance

11

8.1

8.1

8.1

8.3

9.0

9.2

9.6

9.7

10.3

10.4

10.8

11.0

12.2

12.3

12.5

12.3

12

73.5

69.6

68.7

67.6

67.9

66.7

68.9

69.0

69.4

71.8

72.4

74.2

78.1

79.8

79.8

81.0

Purchases of goods and services
National defense
Nondefense

13
14
15

52.8
44.3
8.5

48.0
41.9
6.1

46.2
39.8
6.4

44.8
38.4
6.3

44.5
38.6
5.9

43.7
38.1
5.6

44.7
39.1
5.6

44.9
38.0
6.9

44.9
38.3
6.6

46.2
40.3
5.9

45.8
40.2
5.6

46.7
41.9
4.8

50.3
43.3
7.0

49.9
43.9
6.0

50.1
44.6
5.5

49.6
44.3
5.3

Transfer payments
To persons.
To foreigners

16
17
18

12.4
10.8
1.7

12.8
11.4
1.4

13.7
11.8
1.9

14.4
12.3
2.0

14.7
12.2
2.5

14.3
12.2
2.0

14.4
12.5
1.9

14.4
12.6
1.8

14.7
13.0
1.8

15.1
13.2
1.9

15.5
13.6
1.9

15.7
13.8
1.9

16.2
14.5
1.7

17.7
15.7
2.0

17.5
15.8
1.7

18.7
17.0
1.7

19

2.9

2.8

3.0

2.9

3.0

3.1

3.3

3.2

3.1

3.3

3.5

3.5

4.2

4.0

4.2

4.5

20
•• • 21
22
23

4.6

4.7

4.7

4.6

4.5

4.4

4.6

4.8

4.8

5.0

5.1

5.5

5.3

5.5

5.6

5.8

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.2

.2

.2

.2

.2

.2

.7

1.3

1.1

.9

1.3

1.6

1.4

1.8

1.9

2.3

2.5

2.8

2.2

2.7

2.4

2.3

Receipts

Expenditures

Grants-in-aid to State and local governments
Net interest paid
Interest paid
To persons and business..
To foreigners

24

Less* Interest received by government
Subsidies less current surplus of government enterprises
Subsidies
.. .
Less* Current surplus of government enterprises

25
26
27

Less: Wage accruals less disbursements

28

.0

.0

.0

.0

.1

.5

-.6

.0

.0

.0

.0

.0

.0

.0

.0

.0

29

-10.6

-6.7

-5.1

-1.9

1.8

4.9

4.8

6.5

6.6

5.8

5.2

6.3

4.e

2.8

2.8

-1.3

IV

Surplus or deficit ( - ) , national income and product
accounts.
Social insurance funds
Other

30
31

1960

1959

1958
Line
I

II

III

1961

I

II

III

IV

I

II

III

IV

I

II

III

IV

1

76.0

75.9

79.5

83.0

87.6

91.6

89.8

90.4

97.9

96.4

95.7

94.6

94.5

96.6

98.9

102.2

Personal tax and nontax receipts
Income taxes
Estate and gift taxes
Nontaxes

2
3
4
5

36.5
35.1
1.4
.0

36.0
34.6
1.3
.0

37.1
35.8
1.3
.0

37.5
36.2
1.3
.0

38.5
37.2
1.3
.0

39.7
38.3
1.3
.0

40.2
38.7
1.5

.0

41.2
39.7
1.5
.0

42.7
41.1
1.6
.0

43.6
41.8
1.8
.0

44.0
42.3
1.6
.0

44.2
42.1
2.0
.0

44.2
42.2
2.0
.0

44.3
42.5
1.8
.0

44.8
42.8
2.0
.0

45.4
43.4
2.0
.0

Corporate profits tax accruals

6

15.9

16.3

18.3

21.1

22.2

24.5

21.9

21.3

24.0

21.7

20.6

19.5

19.1

20.7

22.1

24.1

Indirect business tax and nontax accruals
Excise taxes ....
Customs duties
Nontaxes

7
8
9
10

11.3

11.5

11.4

11.8

12.1
10.9
1.0
.3

12.4

12.8
11.4
1.1
.3

12.8
11.4
1.1
.3

13.6
12.1
1.2
.3

13.5
12.1
1.1
.3

13.4
12.1
1.0
.3

13.3
11.9
1.0
.4

13.3
11.9
1.0
.4

13.5
12.1
1.0
.4

13.6
12.1
1.1
.4

14.1
12.5
1.1
.4

Receipts

11.0
1.1
.3

11

12.2

12.2

12.6

12.6

14.7

15.0

15.0

15.0

17.5

17.6

17.7

17.6

17.9

18.2

18.4

18.6

12

83.5

87.8

91.6

93.0

90.5

89.9

91.5

91.9

90.2

92.3

94.2

95.7

98.9

101.7

102.8

104.4

Purchases of goods and services
National defense
Nondefense

13
14
15

51.6
44.5
7.2

53.6
45.4
8.2

54.4
45.9
8.5

55.9
46.5
9.4

54.3
46.1
8.1

54.3
45.5
8.8

53.7
45.6
8.1

53.3
45.1
8.1

52.3
43.9
8.4

53.1
43.8
9.3

54.6
44.8
9.8

54.8
45.3
9.5

55.3
46.0
9.3

56.9
46.7
10.3

57.7
46.8
10.8

59.6
48.5
11.1

Transfer payments
To persons.
To foreigners

16
17
18

19.9
18.2
1.7

21.7
20.0
1.8

22.2
20.4
1.9

21.7
19.8
1.9

21.8
19.9
1.9

21.5
19.8
1.7

21.9
20.1
1.8

22.7
20.7
2.0

22.2
20.5
1.7

23.0
21.1
1.8

23.8
21.8
2.0

24.8
22.8
2.1

26.5
24.5
2.1

27.4
25.3
2.1

27.4
25.4
2.0

27.0
24.8
2.2

Grants-in-aid to State and local governments

19

4.8

5.6

5.4

6.8

6.7

6.4

7.5

6.8

6.2

6.6

6.7

6.6

7.2

7.2

7.3

7.4

Net interest paid
Interest paid
To persons and business
To foreigners

20
21
22
23

5.2

5.0

5.2

5.4

5.6

5.9

6.4

6.7

.2

.1

.1

.2

.2

.2

.3

.4

7.1
8.4
7.9
.4

7.0
8.2
7.9
.3

6.6
8.0
7.7
.3

6.4
7.8
7.5
.3

6.3
7.6
7.3
.3

6.2
7.5
7.3
.3

6.3
7.6
7.3
.3

6.2
7.7
7.4
.3

1.2

1.2

1.4

1.3

1.3

1.3

1.4

1.5

2.5

2.5

3.0

3.2

2.2
1.2
-1.0

1.7
1.0
-.7

2.1
1.1
-1.0

2.3
1.1
-1.2

2.4
1.1
-1.2

2.6
1.4
-1.2

2.5
1.1
-1.4

3.0
1.3
-1.7

3.6
1.7
-1.9

4.1
2.1
-1.9

4.3
2.3
-2.0

4.2
2.4
-1.7

Contributions for social insurance
Expenditures

Less* Interest received by government
Subsidies less current surplus of government enterprises
Subsidies
Less* Current surplus of government enterprises

24
25
26
... 27
28

.6

.6

-1.3

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

Surplus or deficit ( —), national income and product 29
accounts.

-7.5

-11.9

-12.1

-10.0

-2.9

1.6

-1.7

-1.5

7.6

4.2

1.4

-1.1

-4.3

-5.1

-3.9

-2.2

30
31

-.4
-7.0

-2.6
-9.3

-2.3
-9.8

-1.4
-8.6

.4
-3.4

.6
1.1

.3
-2.0

-.4
-1.1

2.6
5.1

1.9
2.3

1.4
.0

.4
-1.5

-.8
-3.5

-1.4
-3.7

-1.3
-2.6

-.7
-1.4

Less: Wage accruals less disbursements

Social insurance funds




Table 3.2.—Federal Government Receipts and Expenditures: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates,
1946-76—Continued
[Billions of dollars]
1962

1963

Line
I
Receipts

II

III

IV

I

II

1964
III

IV

I

II

1965
III

IV

I

III

II

IV

1

103.3

105.1

107.5

108.8

111.6

114.1

115.3

116.6

115.4

112.1

115.2

117.0

122.7

124.4

123.1

127.1

Personal tax and nontax receipts
Income taxes
Estate and gift taxes
Nontaxes

2
3
4
5

46.5
44.5
1.9
.1

48.2
46.0
2.2
.1

49.3
47.2
2.1
.1

50.6
48.4
2.1
.1

51.1
48.9
2.2
.1

51.4
49.1
2.3
.1

51.6
49.1
2.4
.1

51.9
49.7
2.1
.1

50.3
48.0
2.3
.1

46.4
43.7
2.6
.1

48.1
45.4
2.7
.1

49.7
46.9
2.7
.1

53.4
50.5
2.8
.1

54.6
51.9
2.6
.1

53.3
50.4
2.8
.1

54.6
51.5
3.0
.1

Corporate profits tax accruals

6

22.3

22.1

22.8

22.8

22.9

24.5

25.2

25.8

25.9

26.0

26.6

26.1

27.5

28.4

28.9

30.8

Indirect business tax and nontax accruals
Excise taxes
Customs duties
Nontaxes

7
8
9
10

14.4
12.8
1.2
.4

14.4
12.8
1.2
.4

14.8
13.2
1.2
.4

14.8
13.1
1.2
.4

14.9
13.2
1.2
.5

15.2
13.5
1.2
.5

15.4
13.6
1.2
.5

15.5
13.7
1.2
.6

15.6
13.8
1.2
.5

15.9
14.1
1.3
.5

16.4
14.2
1.3
.8

16.9
14.5
1.4
.9

17.4
15.0
1.4
1.0

16.7
14.1
1.6
1.0

15.8
13.1
1.7
1.0

16.1
13.3
1.7
1.0

Contributions for social insurance

11

20.3

20.5

20.5

20.7

22.7

23.0

23.2

23.5

23.6

23.8

24.1

24.4

24.5

24.8

25.1

25.7

12

109.0

109.2

110.7

112.8

113.5

112.2

114.1

116.8

118.3

118.8

117.6

118.0

118.2

120.4

126.1

130.5

Purchases of goods and services
National defense
Nondefense..

13
14
15

63.0
50.9
12.1

63.0
51.3
11.7

64.1
51.1
13.1

64.8
50.9
13.9

64.9
50.2
14.7

63.3
50.5
12.8

64.5
50.2
14.3

65.9
50.3
15.6 ,

65.9
49.8
16.0

65.8
49.5
16.3

64.7
48.9
15.8

64.5
47.9
16.6

63:9
47.1
16.9

65.8
48.3
17.5

67.6
49.3
18.2

71.8
53.1
18.7

Transfer payments
To persons...
To foreigners

16
17
18

27.6
25.3
2.3

27.2
25.2
2.0

27.7
25.6
2.1

28.5
26.2
2.2

29.5
27.5
2.0

28.7
26.6
2.2

29.0
26.8
2.2

29.7
27.3
2.4

30.2
28.1
2.0

29.9
27.6
2.3

29.9
27.8
2.1

30.2
27.9
2.2

31.1
29.1
1.9

31.1
28.7
2.5

34.4
32.2
2.2

33.3
31.1
2.1

Grants-in-aid to State and local governments

19

7.8

7.9

7.9

8.3

8.5

8.8

9.4

9.9

10.1

10.4

10.5

10.7

10.5

11.0

11.3

11.6

Net interest paid
Interest paid
To persons and business
To foreigners

20
21
22
23

6.4
7.9
7.6
.3

6.6
8.2
7.9
.3

6.9
8.5
8.1
.3

7.1
8.6
8.3
.4

7.1
8.7
8.3
.4

7.2
8.8
8.4
.4

7.4
9.0
8.6
.4

7.6
9.2
8.7
.4

7.8
9.4
8.9
.4

7.9
9.5
9.0
.4

8.0
9.7
9.2
.4

8.3
9.7
9.2
.5

8.1
9.9
9.4
.5

8.3
10.0
9.5
.5

8.4
10.0
9.6
.5

8.8
10.3
9.7
.5

Expenditures

24

1.5

1.6

1.5

1.5

1.6

1.6

1.6

1.6

1.6

1.6

1.7

1.4

1.8

1.8

1.7

1.4

Subsidies less current surplus of government enterprises
Subsidies
Less: Current surplus of government enterprises

25
26
27

4.2
2.4
-1.8

4.5
2.5
-2.0

4.1
2.3
-1.7

4.2
2.4
-1.8

3.6
2.1
-1.5

4.2
2.2
-2.0

3.9
2.4
-1.5

3.8
2.5
-1.3

4.4
2.8
-1.6

4.8
2.9
-1.8

4.7
2.7
-1.9

4.2
2.7
-1.4

4.5
3.0
-1.5

4.2
3.1
-1.2

4.5
3.0
-1.5

5.0
3.2
-1.8

Less: Wage accruals less disbursements

28

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.1

-.1

.0

.0

.0

.0

Surplus or deficit ( —), national income and product 29
accounts.

-5.6

-4.1

-3.2

-4.0

-1.9

1.9

1.2

-.2

-3.0

-6.7

-2.4

-1.0

4.6

3.9

-3.0

-3.4

.7
-6.3

.7
-4.8

1.0
-4.2

.5
-4.6

1.1
-2.9

2.5
-.6

2.7
-1.5

2.6
-2.8

1.8
-4.8

2.8
-9.4

3.0
-5.4

3.5
-4.5

2.3
2.3

3.3
.6

.4
-3.5

2.0
-5.4

III

IV

III

IV

III

IV

III

IV

Less: Interest received by government

Social insurance funds
Other

30
31

1966

1967

1968

Line
I
Receipts

II

I

II

I

II

1969
I

II

1

136.5

141.3

143.7

145.9

147.0

147.6

151.5

155.9

163.6

168.8

180.0

185.4

195.4

198.5

196.3

197.2

Personal tax and nontax receipts
Income taxes
Estate and gift taxes
Nontaxes

2
3
4
5

57.6
54.4
3.1
.0

61.2
58.0
3.1
.0

62.9
59.8
3.0
.0

65.1
62.2
2.9
.0

66.0
62.8
3.1
.1

65.6
62.6
3.0
.1

68.4
65.1
3.2
.1

69.9
66.9
3.0
.1

71.7
68.9
2.8
.1

74.6
71.4
3.1
.0

84.4
81.1
3.2
.0

88.0
84.6
3.4
.0

94.0
90.5
3.5
.0

96.9
93.1
3.7
.1

94.2
90.6
3.5
.1

95.4
91.7
3.6
.1

Corporate profits tax accruals

6

31.8

31.8

31.4

30.7

29.7

29.3

29.6

31.5

35.1

35.9

36.1

37.1

37.7

36.6

35.3

34.7

Indirect business tax and nontax accruals
Excise taxes
Customs duties
Nontaxes

7
8
9
10

14.9
12.1
1.8
1.1

15.7
12.8
1.9
1.1

15.7
12.7
1.9
1.1

16.0
13.0
1.9
1.1

16.0
13.0
1.9
1.0

16.3
13.3
1.9
1.0

16.3
13.5
1.8
1.0

16.5
13.5
2.0
1.1

17.3
14.1
2.1
1.0

17.8
14.6
2.2
1.0

18.4
15.0
2.4
1.0

18.5
15.1
2.3
1.0

18.4
15.4
2.0
1.1

19.0
15.3
2.6
1.1

19.4
15.8
2.5
1.1

19.1
15.6
2.4
1.1

Contributions for social insurance

11

32.1

32.6

33.8

34.1

35.5

36.4

37.1

38.0

39.5

40.4

41.2

41.8

45.3

46.1

47.4

48.0

12

135.8

140.0

146.9

151.8

159.9

160.9

165.1

168.9

173.4

180.9

182.6

185.1

184.0

187.1

189.8

192.9

Purchases of goods and services
National defense
Nondefense

13
14
15

73.6
55.1
18.5

76.8
58.4
18.3

81.5
62.7
18.8

83.5
65.0
18.4

88.6
69.4
19.2

89.4
70.4
18.9

92.1
72.5
19.6

93.7
73.5
20.2

96.0
76.1
19.9

98.8
77.2
21.6

98.6
76.7
21.9

98.6
77.4
21.2

97.0
75.3
21.7

97.2
75.6
21.5

98.3
77.2
21.1

97.8
77.1
20.7

Transfer payments
To persons
To foreigners

16
17
18

34.8
32.1
2.7

34.1
31.8
2.3

35.6
33.4
2.2

38.6
36.6
2.0

41.3
39.1
2.2

41.9"
39.7
2.2

43.0
40.4
2.6

43.1
41.1
2.0

44.8
43.0
1.8

47.9
45.8
2.1

49.3
47.0
2.2

50.4
48.0
2.4

51.0
49.3
1.8

52.7
50.2
2.5

52.8
50.9
1.9

53.9
51.9
2.0

Grants-in-aid to State and local governments

19

13.3

14.4

14.9

15.0

15.3

14.9

16.0

17.5

17.6

18.7

18.8

19.3

19.0

19.8

20.6

22.0

Net interest paid
Interest paid
To persons and business
To foreigners

20
21
22
23

8.7
10.5
10.0
.5

9.0
10.9
10.3
.5

9.3
11.2
10.6
.6

9.6
11.6
11.1
.6

9.9
11.9
11.3
.5

9.6
11.8
11.2
.6

9.7
11.9
11.3
.6

10.2
12.4
11.8
.7

10.6
13.1
12.4
.7

11.3
13.8
13.1
.7

11.4
14.2
13.5
.7

11.9
14.3
13.6
.7

12.1
14.3
13.5
.8

12.5
14.7
13.9
.8

12.7
15.0
14.2
.8

13.5
15.8
15.0
.8

Expenditures

24

1.8

1.9

1.9

2.0

2.0

2.2

2.2

2.3

2.5

2.5

2.8

2.4

2.1

2.2

2.3

2.3

Subsidies less current surplus of government enterprises
Subsidies
Less: Current surplus of government enterprises

25
26
27

5.5
3.6
-1.8

5.8
4.0
-1.8

5.6
4.1
-1.5

5.1
4.3
-.8

4.8
4.1
-.7

5.1
3.9
-1.2

4.3
3.7
-.6

4.5
3.8
-.7

4.4
4.1
-.3

4.3
4.3
.0

4.5
4.4
-.2

4.9
4.3
-.6

4.9
4.4
-.4

4.9
4.5
-.4

5.4
4.8
-.6

5.7
4.8
-.9

Less: Wage accruals less disbursements

Less: Interest received by government

28

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

Surplus or deficit ( —), national income and product 29
accounts.

.6

1.3

-3.2

-5.9

-12.9

-13.2

-13.6

-13.0

-9.8

-12.2

-2.6

.3

11.4

11.5

6.5

4.3

30
31

7.6
-7.0

7.9
-6.6

8.0
-11.2

6.4
-12.3

5.4
-18.2

5.9
-19.1

6.4
-20.0

6.8
-19.8

6.6
-16.4

4.8
-16.9

5.0
-7.6

4.7
-4.3

7.1
4.3

6.9
4.5

8.5
-2.0

8.7
-4.3

Social insurance funds
Other




Table 3.2.—Federal Government Receipts and Expenditures: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates,
1946-76—Continued
[Billions of dollars]
1973

1972

1971

1970
Line
II

I

III

IV

I

II

III

IV

III

II

I

IV

I

III

II

IV

1

192.7

194.3

190.7

189.8

194.9

197.1

198.6

203.7

223.0

224.2

227.6

235.3

252.1

255.6

259.7

267.2

2
3
4
5

94.4
90.5
3.8
.1

95.1
91.4
3.7
.1

90.0
86.3
3.6
.1

90.9
87.1
3.7
.1

87.3
83.5
3.8
.1

88.9
85.0
3.8
.1

90.3
86.1
4.1
.1

94.7
88.1
6.6
.1

106.7
100.2
6.4
.1

107.1
102.4
4.6
.1

108.2
103.0
5.0
.2

110.9
105.2
5.4
.2

110.3
104.7
5.4
.2

111.4
107.2
4.1
.1

116.4
110.8
5.5
.1

120.6
115.2
5.3
.1

Corporate profits tax accruals

6

30.5

30.5

31.5

30.0

33.2

34.0

33.2

33.4

35.2

35.2

36.2

39.8

43.3

44.1

42.2

43.4

Indirect business tax and nontax accruals
Excise taxes
Customs duties..
Nontaxes

7
8
9
10

19.0
15.5
2.4
1.1

19.3
15.8
2.4
1.1

19.4
15.8
2.5
1.1

19.4
15.7
2.6
1.1

20.7
16.9
2.6
1.2

20.1
16.1
2.7
1.2

20.2
15.8
3.2
1.3

20.4
15.1
4.0
1.3

19.6
15.2
3.1
1.3

19.7
15.6
2.8
1.4

20.0
15.7
2.9
1.4

20.5
15.9
3.1
1.4

21.0
16.1
3.4
1.4

21.6
16.8
3.3
1.5

20.9
16.7
3.2
1.1

21.3
17.0
3.2
1.1

Contributions for social insurance

11

48.7

49.3

49.9

49.5

53.7

54.2

54.7

55.2

61.5

62.1

63.2

64.1

77.4

78.5

80.1

81.8

12

193.9

207.4

205.7

210.3

213.4

220.8

222.3

225.9

235.8

244.0

238.1

259.4

260.7

262.8

262,3

271.2

Purchases of goods and services
National defense
Nondefense

13
14
15

98.0
75.8
22.2

95.8
73.0
22.8

94.2
72.8
21.4

95.0
72.7
22.3

95.8
72.0
23.8

95.0
70.1
24.9

96.6
68.9
27.7

97.4
70.0
27.5

102.7
74.3
28.4

102.8
74.0
28.9

100.4
71.8
28.6

100.8
72.5
28.3

103.0
73.4
29.6

100.4
73.0
27.3

98.8
71.3
27.5

105.8
73.6
32.2

Transfer payments
To persons
To foreigners

16
17
18

55.7
53.6
2.1

65.0
62.9
2.1

65.1
62.8
2.3

68.4
66.0
2.4

69.4
67.2
2.3

76.7
74.2
2.5

76.9
74.2
2.8

78.0
75.2
2.8

80.2
77.3
2.9

80.2
77.4
2.8

81.2
78.5
2.8

91.4
88.9
2.5

92.3
90.2
2.1

95.1
91.9
3.2

97.0
94.3
2.7

99.3
96.7
2.5

Grants-in-aid to State and local governments

19

23.1

24.1

25.0

25.7

27.0

29.5

29.2

30.3

31.4

39.1

33.5

46.1

41.3

41.0

39.1

40.8

Net interest paid
Interest paid
To persons and business
To foreigners

20
21
22
23

13.8
16.2
15.4
.8

13.9
16.5
15.5
1.0

14.5
17.0
15.9
1.1

14.3
16.8
15.7
1.2

14.3
16.6
15.3
1.3

13.5
16.3
14.7
1.6

13.8
16.6
14.5
2.1

13.7
16.8
14.4
2.4

14.2
16.8
14.3
2.5

14.2
17.0
14.5
2.6

14.4
17.3
14.6
2.7

14.9
17.9
15.0
2.9

16.2
19.4
16.0
3.5

17.4
20.7
16.8
3.9

19.0
21.8
17.8
4.0

19.5
22.6
18.6
4.0

Receipts
Personal tax and nontax receipts
Income taxes
Estate and gift taxes
Nontaxes

Expenditures

24

2.5

2.6

2.5

2.5

2.3

2.8

2.8

3.1

2.7

2.8

2.9

3.0

3.2

3.3

2.9

3.1

Subsidies less current surplus of government enterprises
Subsidies
Less: Current surplus of government enterprises

25
26
27

5.9
4.8
-1.1

6.5
4.9
-1.7

6.6
4.9
-1.7

6.9
5.1
-1.8

6.8
4.9
-1.9

6.1
5.0
-1.2

5.8
4.8
-1.1

6.6
5.1
-1.5

7.4
5.8
-1.5

7.5
6.5
-.9

8.6
7.7
-.9

8.3
7.6
-.7

8.0
6.1
-1.8

8.9
5.8
-3.1

8.4
5.1
-3.4

5.9
5.2
-.7

Less: Wage accruals less disbursements

Less: Interest received by government

28

2.5

-2.1

-.4

.0

.0

.0

.0

.1

.0

-.1

.0

2.1

.1

-.1

.0

.0

Surplus or deficit ( —), national income and product 29
accounts.

-1.3

-13.1

-14.9

-20.4

-18.5

-23.7

-23.7

-22.2

-12.8

-19.8

-10.5

-24.1

-8.6

-7.1

-2.6

-4.0

30
31

9.3
-10.5

1.4
-14.5

3.5
-18.5

1.0
-21.4

4.1
-22.6

-2.5
-21.2

-.4
-23.4

-1.0
-21.2

3.0
-15.7

4.2
-24.0

5.1
-15.6

-2.3
-21.9

9.2
-17.8

9.0
-16.2

8.9
-11.5

9.0
-13.0

Social insurance funds
Other

1976

1975

1974
Line
I

II

III

IV

I

II

III

IV

I

II

III

IV

1

274.8

284.6

296.6

295.3

288.2

254.5

298.7

307.9

320.0

327.5

335.9

343.6

2
3
4
5

123.8
118.6
5.1
.1

129.1
124.2
4.8
.1

134.7
129.9
4.6
.1

137.4
132.7
4.6
.1

137.8
132.9
4.8
.1

99.9
94.8
4.9
.1

130.6
125.6
4.9
.1

135.0
129.9
5.0
.1

137.9
132.6
5.2
.1

144.3
138.6
5.5
.1

150.3
144.7
5.5
.1

156.6
150.3
6.1
.2

Corporate profits tax accruals

6

42.3

44.8

48.9

44.5

36.5

39.0

48.4

50.3

55.6

54.6

54.5

53.6

Indirect business tax and nontax accruals
Excise taxes
Customs duties
Nontaxes

7
8
9
10

21.3
16.5
3.4
1.3

21.6
16.6
3.6
1.5

21.9
16.5
3.8
1.5

21.9
16.5
3.9
1.6

21.6
15.8
4.1
1.6

23.1
16.3
5.2
1.6

25.1
16.6
6.9
1.7

25.8
16.8
7.3
1.7

22.8
16.8
4.3
1.7

23.2
16.9
4.6
1.8

23.7
17.2
4.7
1.8

23.8
17.3
4.7
1.9

Contributions for social insurance

11

87.4

89.0

91.2

91.4

92.2

92.5

94.6

96.8

103.7

105.4

107.3

109.6

12

279.6

295.2

305.0

317.6

333.6

353.6

365.3

374.0

376.3

375.7

387.4

399.9

Purchases of goods and services
National defense
Nondefense

13
14
15

103.9
73.9
30.1

109.6
76.1
33.4

112.7
77.1
35.5

117.8
81.0
36.8

119.2
81.3
37.9

120.1
81.0
39.2

123.7
83.7
40.0

127.9
86.0
41.9

126.7
84.8
41.9

126.3
83.7
42.7

129.5
86.3
43.2

134.3
89.1
45.2

Transfer payments
To persons
To foreigners

16
17
18

107.1
104.3
2.8

115.3
111.4
3.9

121.4
118.2
3.2

127.3
124.2
3.1

136.9
133.9
3.1

151.0
147.8
3.2

154.0
151.0
3.0

155.5
152.4
3.1

158.6
155.6
3.0

157.8
155.1
2.7

164.9
161.0
3.9

166.5
163.3
3.2

Grants-in-aid to State and local governments

19

42.4

44.1

43.1

46.1

49.5

53.9

57.0

57.8

59.2

59.9

60.3

65.0

Net interest paid
Interest paid
To persons and business
To foreigners

20
21
22
23

19.8
23.0
19.0
4.0

20.1
23.6
19.4
4.2

21.1
24.5
20.2
4.3

21.5
24.7
20.2
4.5

21.9
25.2
20.3
4.9

22.3
26.0
21.6
4.4

23.4
27.5
23.0
4.5

24.8
29.2
24.9
4.4

25.9
30.9
26.5
4.4

26.5
31.8
27.4
4.4

26.9
32.5
27.9
4.6

27.9
33.4
28.7
4.7

24

3.2

3.4

3.3

3.2

3.3

3.8

4.1

4.4

5.0

5.3

5.6

5.5

25
26
27

6.3
3.4
-2.9

5.5
3.6
-1.9

5.2
3.7
-1.5

4.9
3.9
-1.0

6.1
4.6
-1.5

6.3
4.6
-1.6

7.3
5.0
-2.3

8.0
5.5
-2.5

6.0
5.7
-.3

5.2
5.4
.2

5.9
5.5
-.3

6.2
5.8
-.4

Receipts
Personal tax and nontax receipts
Income taxes
Estate and gift taxes
Nontaxes

Expenditures

Less: Interest received by government
Subsidies less current surplus of government enterprises
Subsidies
Less: Current surplus of government enterprises
Less: Wage accruals less disbursements
Surplus or deficit ( - ) , national income and product
accounts.
Social insurance funds
Other




28

.0

-.6

-1.5

.0

.0

.0

.0

.0

.0

.0

.0

.0

29

-4.7

-10.6

-8.4

-22.4

-45.5

-99.0

-66.6

-66.1

-56.3

-48.2

-51.6

-56.3

30
31

11.8
-16.5

6.8
-17.4

4.6
-13.0

.5
-22.9

-6.8
-38.7

-12.3
-86.7

-17.4
-49.2

-15.9
-50.1

-11.1
-45.1

-9.3
-38.9

-13.4
-38.2

-13.6
-42.7

Table 3.3.—State and Local Government Receipts and Expenditures: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates,
1946-76
[Millions of dollars]
Line

1930

1929

1932

1931

1934

1933

1936

1935

1937

1940

1939

1938

1

7,571

7,835

7,743

7,312

7,157

8,550

9,104

8,628

9,105

9,320

9,649

9,957

Personal tax and nontax receipts
Income taxes
Nontaxes
Other....

2
3
4
5

1,332
139
617
576

1,326
110
618
598

1,210
74
571
565

1,089
64
509
516

963
67
431
465

973
87
431
455

1,034
121
426
487

1,101
167
422
512

1,172
204
426
542

1,199
208
435
556

1,178
201
424
553

1,210
232
423
555

Corporate profits tax accruals

6

145

98

75

57

59

100

131

157

165

134

156

199

Indirect business tax and nontax accruals
Sales taxes
Property taxes
Other

7
8
9
10

5,858
439
4,543
876

6,157
525
4,727
905

6,006
571
4,539
896

5,879
578
4,424
877

5,463
669
3,962
832

5,661
934
3,907
820

6,036
1,156
4,023
857

6,439
1,396
4,058
985

6,777
1,518
4,162
1,097

6,966
1,583
4,277
1,106

7,070
1,653
4,285
1,132

7,424
1,835
4,407
1,182

Contributions for social insurance

11

119

129

139

153

170

183

197

207

227

243

257

267

Federal grants-in-aid

12

117

125

313

134

502

1,633

1,706

724

764

778

988

857

13

7,764

8,432

8,494

7,592

7,226

8,099

8,550

8,137

8,401

8,955

9,617

9,319

Purchases of goods and services
Compensation of employees
Other

14
15
16

7,382
3,456
3,926

7,951
3,630
4,321

7,842
3,737
4,105

6,739
3,565
3,174

6,121
3,531
2,590

6,895
3,884
3,011

7,189
4,178
3,011

7,135
3,696
3,439

7,304
3,889
3,415

7,677
4,121
3,556

8,327
4,185
4,142

8,080
4,289
3,791

Transfer payments to persons

17

218

264

349

502

759

953

1,172

862

1,023

1,209

1,272

1,262

Net interest paid
Interest paid
Less* Interest received by government '

18
19
20

396

456

525

560

579

548

516

514

479

471

460

472

Less* Dividends received by government '

21

Subsidies less current surplus of government enterprises
Subsidies
Less: Current surplus of government enterprises

22
23
24

-232
0
232

-239
0
239

-222
0
222

-209
0
209

-233
0
233

-297
0
297

-327
0
327

-374
0
374

-405
0
405

-402
0
402

-442

-495

Less: Wage accruals less disbursements

Receipts

Expenditures

0
442

0
495

25

0

0

0

0

0

0

0

0

0

0

0

0

Surplus or deficit ( —), national income and product 26
accounts.

-193

-597

-751

-280

-69

451

554

491

704

365

32

638

27
28

62
-255

69
-666

73
— 824

81
-361

86
-155

93
358

103
451

107
384

124
580

137
228

150
-118

160
478

Social insurance funds

Line

1941

1942

1943

1944

1948

1947

1946

1945

1950

1949

1952

1951

1

10,370

10,578

10,854

11,123

11,591

13,005

15,438

17,705

19,463

21,304

23,445

25,434

2
3
4
5

Receipts
Personal tax and nontax receipts
Income taxes
Nontaxes
Other...

1,254
258
429
567

1,274
291
439
544

1,302
330
441
531

1,365
366
453
546

1,461
402
491
568

1,507
409
495
603

1,749
488
575
686

2,053
570
730
753

2,369
718
837
814

2,501
776
839
886

2,790
905
901
984

3,002
1,002
946
1,054

Corporate profits tax accruals

6

Indirect business tax and nontax accruals
Sales taxes
Property taxes
Other...

7
8
9
10

277

350

458

465

455

462

604

671

605

770

883

826

7,752
2,073
4,449
1,230

7,759
2,033
4,397
1,329

7,817
1,965
4,494
1,358

7,990
2,002
4,565
1,423

8,421
2,266
4,642
1,513

9,333
2,899
4,836
1,598

10,652
3,508
5,346
1,798

12,154
4,115
5,938
2,101

13,317
4,333
6,642
2,342

14,562
4,801
7,143
2,618

15,928
5,366
7,696
2,866

17,407
5,847
8,385
3,175

Contributions for social insurance

11

280

307

335

356

384

595

695

841

944

1,128

1,357

1,553

Federal grants-in-aid

12

807

888

942

947

870

1,108

1,738

1,986

2,228

2,343

2,487

2,646

13

8,806

8,391

8,453

9,018

11,114

14,423

17,573

20,188

22,509

23,887

25,481

7,984
4,388
3,596

7,817
4,473
3,344

7,504
4,663
2,841

7,626
4,938
2,688

8,188
5,370
2,818

9,931
6,195
3,736

12,755
7,338
5,417

15,264
8,521
6,743

17,982
9,442
8,540

19,769
10,145
9,624

21,777
11,159
10,618

23,217
12,252
10,965

17

1,242

1,229

1,220

1,241

1,323

1,723

2,320

2,995

2,982

3,575

3,119

3,342

18
19
20

Purchases of goods and services
Compensation of employees

9,078

14
15
16

Expenditures

416

379

345

305

263

180
557
377

108
550
442

87
549
462

74
579
505

68
623
555

19
677
658

13
733
720

-564
0
564

-619
0
619

-678
0
678

-719
0
719

-756
0
756

-720
0
720

-760
0
760

-773
0
773

-850
0
850

-903
0
903

-1,028
0
1,028

-1,091
0
1,091

Other
Transfer payments to persons
Net interest paid
Interest paid
Less: Interest received by government
Less: Dividends received by government

1

21
1

Subsidies less current surplus of government enterprises
Subsidies
Less: Current surplus of government enterprises

22
23
24

Less: Wage accruals less disbursements

25

0

0

0

0

0

0

0

0

0

0

0

0

26

1,292

1,772

2,463

2,670

2,573

1,891

1,015

132

-725

-1,205

-442

-47

27
28

168
1,124

178
1,594

192
2,271

207
2,463

221
2,352

342
1,549

398
617

512
-380

593
-1,318

715
-1,920

865
-1,307

1,002
-1,049

Surplus or deficit ( - ) , national income and product
accounts.
Social insurance funds
Other




Table 3.3.—State and Local Government Receipts and Expenditures: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates,
1946-76—Continued
[Millions of dollars]
Line
Receipts
Personal tax and nontax receipts
Income taxes
Nontaxes
Other

1
2
3
4
5

1954

1953
27,421
3,222
1,042
1,048
1,132

1955

29,049
3,506
1,135
1,159
1,212

1957

1956

31,662
3,946
1,345
1,272
1,329

34,996
4,481
1,574
1,467
1,440

1959

1958

38,476
4,968
1,723
1,719
1,526

41,952
5,350
1,829
1,921
1,600

1960

46,446
6,066
2,229
1,842
1,995

1962

1961

49,882
6,710
2,536
1,997
2,177

54,005
7,362
2,800
2,247
2,315

1964

1963

58,491

63,228

69,538

8,200
3,180
2,590
2,430

8,837
3,432
2,779
2,626

9,992
4,018
3,170
2,804

Corporate profits tax accruals

6

809

773

968

1,044

1,019

1,004

1,162

1,249

1,290

1,502

1,653

1,844

Indirect business tax and nontax accruals
Sales taxes
Property taxes
Other

7
8
9
10

18,835
6,264
9,096
3,475

19,903
6,469
9,673
3,761

21,551
7,103
10,448
4,000

23,825
7,989
11,453
4,383

25,698
8,590
12,609
4,499

27,167
9,979
13,764
3,424

29,284
11,132
14,812
3,340

31,960
12,156
16,238
3,566

34,433
13,020
17,580
3,833

36,951
14,013
18,958
3,980

39,380
14,975
20,245
4,160

42,579
16,454
21,687
4,438

Contributions for social insurance

11

1,721

1,954

2,077

2,315

2,582

2,790

3,086

3,437

3,675

3,859

4,217

4,690

12

2,834

2,913

3,120

3,331

4,209

5,641

6,848

6,526

7,245

7,979

9,141

10,433

13

27,278

30,161

32,936

35,870

39,833

44,306

46,889

49,822

54,373

58,028

62,767

68,540

30,551
15,838
14,713

33,489
17,620
15,869

37,120
19,556
17,564

41,136
21,578
19,558

43,696
23,133
20,563

46,548
25,470
21,078

50,786
27,934
22,852

54,296
30,243
24,053

59,030
32,857
26,173

64,592
35,873
28,719

Federal grants-in-aid
Expenditures
Purchases of goods and services
Compensation of employees
Other

14
15
16

24,994
13,334
11,660

27,827
14,698
13,129

Transfer payments to persons

17

3,452

3,592

3,815

3,937

4,347

4,791

5,092

5,404

5,802

6,039

6,408

6,900

7
810
803

60
945
885

94
1,088
994

83
1,241
1,158

78
1,399
1,321

128
1,566
1,438

126
1,782
1,656

63
2,052
1,989

113
2,248
2,135

146
2,467
2,321

83
2,675
2,592

-104
2,920
3,024

-1,318
0
1,318

-1,524
0
1,524

-1,639
0
1,639

-1,712
0
1,712

-1,749
0
1,749

-2,025
0
2,025

-2,193
0
2,193

-2,328
0
2,328

-2,453
0
2,453

-2,754
12
2,766

-2,848
10
2,858

Net interest paid
Interest paid
Less: Interest received by government 1

18
19
20

Less* Dividends received by government '

21

Subsidies less current surplus of government enterprises
Subsidies
Less: Current surplus of government enterprises

22
23
24

-1,175
0
1,175

Less: Wage accruals less disbursements

25

0

0

0

0

0

0

0

0

0

0

0

0

26

143

-1,112

-1,274

-874

-1,357

-2,354

-443

60

-368

463

461

998

27
28

1,089
-946

1,268
-2,380

1,347
-2,621

1,491
-2,366

1,659
-3,018

1,756
-4,110

2,021
-2,464

2,294
-2,234

2,449
-2,817

2,583
-2,120

2,813
-2,352

3,191
-2,193

1966

1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

Surplus or deficit (—), national income and product
accounts.
Social insurance funds
Other

Line
Receipts
Personal tax and nontax receipts
Income taxes
Nontaxes
Other

1965

1

75,133

84,820

93,598

107,284

120,201

135,410

153,008

178,335

195,015

211,350

237,679

267,775

2
3
4
5

10,927
4,417
3,538
2,972

12,781
5,422
4,205
3,154

14,603
6,292
4,972
3,339

17,525
8,061
5,844
3,620

20,627
9,993
6,685
3,949

23,189
11,114
7,867
4,208

26,392
12,669
9,263
4,460

32,822
17,460
10,480
4,882

35,986
19,138
11,664
5,184

38,988
20,637
12,960
5,391

43,065
22,828
14,597
5,640

49,560
26,751
16,703
6,106

Corporate profits tax accruals

6

1,977

2,230

2,454

3,099

3,405

3,545

4,076

5,013

5,785

6,455

7,066

9,267

Indirect business tax and nontax accruals
Sales taxes
Property taxes
Other

7
8
9
10

46,096
18,185
23,187
4,724

49,722
19,953
24,535
5,234

53,974
21,370
26,964
5,640

60,859
25,057
29,896
5,906

67,566
28,562
32,763
6,241

74,985
31,645
36,674
6,666

83,331
35,364
40,445
7,522

91,490
39,801
43,227
8,462

99,710
44,080
46,355
9,275

107,377
48,160
48,980
10,237

116,167
51,703
53,384
11,080

128,320
57,760
58,247
12,313

Contributions for social insurance

11

5,012

5,703

6,655

7,214

8,257

9,244

10,198

11,482

12,971

14,590

16,823

19,527

Federal grants-in-aid

12

11,121

14,384

15,912

18,587

20,346

24,447

29,011

37,528

40,563

43,940

54,558

61,101

13

75,137

84,318

94,655

107,196

118,696

133,546

150,429

164,843

181,597

204,558

232,205

251,206

Purchases of goods and services
Compensation of employees
Other

14
15
16

71,082
39,294
31,788

79,833
44,115
35,718

89,264
49,530
39,734

100,951
55,898
45,053

111,191
62,601
48,590

124,408
71,067
53,341

138,665
79,255
59,410

151,421
87,732
63,689

168,467
97,697
70,770

193,077
107,290
85,787

217,184
120,624
96,560

232,926
132,250
100,676

Expenditures

Transfer payments to persons

17

7,317

8,147

9,378

10,492

12,201

14,735

17,312

19,305

20,722

20,879

24,603

27,592

Net interest paid
Interest paid
Less: Interest received by government 1

18
19
20

-296
3,141
3,437

-660
3,441
4,101

-932
3,751
4,683

-989
4,207
5,196

-1,223
4,846
6,069

-1,795
5,616
7,411

-1,395
6,544
7,939

-1,545
7,534
9,079

-2,809
8,456
11,265

-4,227
9,620
13,847

-4,239
11,064
15,303

-3,631
12,511
16,142

Less- Dividends received by government'

21

97

151

235

279

328

458

821

842

842

Subsidies less current surplus of government enterprises
Subsidies
Less: Current surplus of government enterprises

22
23
24

-2,966
18
2,984

-3,002
24
3,026

-3,055
26
3,081

-3,161
27
3,188

-3,322
25
3,347

-3,567
24
3,591

-3,704
34
3,738

-4,160
53
4,213

-4,345
81
4,426

-4,350
116
4,466

-4,501
158
4,659

-4,839
189
5,028

Less: Wage accruals less disbursements
Surplus or deficit ( - ) , national income and product
accounts.
Social insurance funds




25

0

0

0

0

0

0

170

-150

-20

0

0

0

26

-4

502

-1,057

88

1,505

1,864

2,579

13,492

13,418

6,792

5,474

16,569

27
28

3,434
-3,438

3,978
-3,476

4,795
-5,852

5,253
-5,165

5,828
-4,323

6,927
-5,063

7,627
-5,048

8,692
4,800

9,638
3,780

10,978
-4,186

13,099
-7,625

15,626
943

Table 3.3.—State and Local Government Receipts and Expenditures: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates,
1946-76—Continued
[Billions of dollars]
1947

1946

1949

1948

Line
I

II

IV

III

II

I

III

I

IV

III

II

IV

I

II

IV

III

1

Receipts
Personal tax and nontax receipts
Other
Corporate profits tax accruals

12.2

12.6

13.3

13.9

14.6

15.2

15.7

16.3

16.9

17.5

18.0

18.4

18.8

19.0

19.9

20.0

2
3
4
5

1.5

1.5

1.5

1.5

1.7

1.7

1.8

1.8

2.0

2.0

2.1

2.1

2.3

2.4

2.4

2.4

6

.3

.4

.5

.6

.6

.6

.6

.6

.7

.7

.7

.7

.7

.6

.6

.6

8.9

9.2

9.5

9.7

10.0

10.4

10.8

11.3

11.7

12.0

12.4

12.6

12.9

13.2

13.5

13.8

Indirect business tax and nontax accruals
Sales taxes
Property taxes
Other..

7
8
9
10

Contributions for social insurance

11

.5

.6

.6

.6

.7

.7

.7

.7

.8

.8

.9

.9

.9

.9

1.0

1.0

Federal grants-in-aid

12

1.0

.9

1.2

1.4

1.6

1.8

1.8

1.8

1.8

1.9

2.1

2.2

2.1

2.0

2.5

2.3

13

10.0

10.5

11.5

12.3

13.3

13.9

14.9

15.5

16.5

17.2

18.0

18.3

18.9

19.8

20.7

21.1

14
15
16

8.9
5.8
3.1

9.4
6.0
3.4

10.2
6.3
3.9

11.1
6.7
4.4

12.0
7.0
5.0

12.4
7.2
5.2

12.9
7.4
5.5

13.6
7.8
5.8

14.0
8.0
6.0

14.8
8.3
6.5

15.7
8.7
7.0

16.3
9.1
7.3

16.9
9.2
7.7

17.7
9.3
8.4

18.5
9.6
8.9

18.7
9.7
9.0

Transfer payments to persons

17

1.6

1.6

1.9

1.8

1.9

2.2

2.6

2.6

3.1

3.1

3.0

2.7

2.8

2.9

3.0

3.2

Net interest paid
Interest paid
Less' Interest received by government '

18
19
20

.2

.2

.2

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

Less* Dividends received by government '

21

Subsidies less current surplus of government enterprises
Subsidies
.
Less: Current surplus of government enterprises

22
23
24

-.7
.0
.7

-.7
.0
.7

-.7
.0
.7

-.7
.0
.7

-.8
.0
.8

-.8
.0
.8

-.8
.0
.8

-.8
.0
.8

-.8
.0
.8

-.8
.0
.8

-.8
.0
.8

-.8
.0
.8

-.8
.0
.8

-.8
.0
.8

-.9
.0
.9

-.9
.0
.9

Less: Wage accruals less disbursements

25

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

26

2.2

2.1

1.8

1.6

1.3

1.3

.8

.8

.4

.2

.0

.1

-.1

-.8

-.8

-1.1

I

II

Expenditures
Purchases of goods and services
Compensation of employees
Other

Surplus or deficit ( —), national income and product
accounts.
Social insurance funds
Other

27
28

1950
I

II

IV

III

II

I

1953

1952

1951

Line
III

IV

III

II

I

IV

IV

III

1

20.5

21.0

21.8

22.0

23.1

23.1

23.4

24.1

24.5

25.0

25.8

26.4

26.3

27.8

27.7

27.9

Personal tax and nontax receipts
Income taxes
Nontaxes
Other

2
3
4
5

2.5

2.5

2.5

2.5

2.7

2.8

2.8

2.9

3.0

3.0

3.0

3.0

3.1

3.2

3.3

3.3

Corporate profits tax accruals

6

.6

.7

.9

.9

1.0

.9

.8

.8

.8

.8

.8

.9

.9

.9

.8

.7

15.6

16.0

16.4

16.7

17.2

17.6

18.1

18.4

18.7

19.0

19.3

Receipts

Indirect business tax and nontax accruals
Sales taxes
Prnnprt v f o vpc
Other

7
8
9
10

14.0

14.3

14.9

15.0

15.6

Contributions for social insurance

11

1.0

1.1

1.2

1.2

1.3

1.3

1.4

1.4

1.5

1.5

1.6

1.6

1.6

1.7

1.7

1.8

Federal grants-in-aid

12

2.4

2.4

2.3

2.3

2.5

2.5

2.4

2.6

2.5

2.5

2.8

2.8

2.3

3.4

2.8

2.9

13

21.8

22.7

22.6

22.9

23.2

23.7

24.2

24.4

24.8

25.7

25.4

26.0

26.8

26.8

27.5

28.0

Purchases of goods and services
Compensation of employees
Other

14
15
16

19.1
9.8
9.3

19.4
10.0
9.4

20.0
10.3
9.7

20.5
10.5
10.0

20.9
10.7
10.2

21.6
10.9
10.7

22.1
11.3
10.8

22.4
11.6
10.7

22.6
11.8
10.8

23.3
12.0
11.3

23.1
12.4
10.7

23.8
12.7
11.0

24.5
13.0
11.5

24.4
13.2
11.2

25.1
13.4
11.8

25.8
13.7
12.1

Transfer payments to persons

17

3.5

4.1

3.4

3.3

3.2

3.1

3.1

3.1

3.2

3.4

3.3

3.4

3.4

3.5

3.6

3.4

Net interest paid

.1

.1

.1

.1

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

I Ace* Inforocf roppivp/l hv crnvpmmpiit '

18
19
20

T qcc I_>1V1CIcI1Uo ictciveu uy guvciuiucui/ ^
Lcsa. nuri/lon^c ropoivpH Kv ornvprTimpnt

21

Subsidies less current surplus of government enterprises

22
23
24

-.9
.0
.9

-.9
.0
.9

-.9
.0
.9

-.9
.0
.9

-1.0
.0
1.0

-1.0
.0
1.0

-1.0
.0
1.0

-1.1
.0
1.1

-1.1
.0
1.1

-1.1
.0
1.1

-1.1
.0
1.1

-1.1
.0
1.1

-1.1
.0
1.1

-1.2
.0
1.2

-1.2
.0
1.2

-1.2
.0
1.2

Expenditures

Less: Current surplus of government enterprises
Less: Wage accruals less disbursements
Surplus or deficit ( —), national income and product
accounts.
e • l •
Other

f„ A




25

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

26

-1.4

-1.7

-.8

-.9

.0

-.6

-.8

-.3

-.3

-.6

.4

.4

-.4

1.0

.2

-.1

27
28

Table 3.3.—State and Local Government Receipts and Expenditures: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates,
1946-76—Continued
[Billions of dollars]
1955

1954

1957

1956

Line
II

I

III

IV

I

III

II

IV

I

IV

III

II

I

III

II

IV

1

28.4

28.7

29.3

29.8

30.5

31.2

32.2

32.8

33.7

34.6

35.5

36.2

37.7

38.1

38.8

39.3

Personal tax and nontax receipts
Income taxes
Nontaxes
Other

2
3
4
5

3.4

3.5

3.5

3.6

3.8

3.9

4.0

4.1

4.4

4.4

4.5

4.6

4.8

4.9

5.0

5.1

Corporate profits tax accruals

6

.7

.7

.8

.8

.9

1.0

1.0

1.0

1.0

1.1

1.0

1.1

1.1

1.0

1.0

.9
26.1

19.7

20.0

20.4

20.8

21.2

21.8

22.4

23.0

23.6

24.1

24.6

25.1

25.6

25.9

1.9

1.9

2.0

2.0

2.0

2.1

2.1

2.1

2.2

2.3

2.4

2.4

2.5

2.6

2.6

2.7

2.9

2.8

3.0

2.9

3.0

3.1

3.3

3.2

3.1

3.3

3.5

3.5

4.2

4.0

4.2

4.5

29.0

29.7

30.7

31.1

32.2

32.8

33.1

33.6

34.7

35.5

36.2

37.0

38.5

39.4

40.2

41.3

26.7
14.1
12.6

27.4
14.5
12.9

28.4
15.0
13.4

28.7
15.2
13.4

29.8
15.4
14.4

30.3
15.7
14.7

30.7
15.9
44.8

31.3
16.4
14.9

32.3
16.9
15.5

33.1
17.3
15.8

33.9
17.9
16.0

34.6
18.4
16.2

35.9
18.8
17.1

36.7
19.3
17.4

37.5
19.8
17.6

38.5
20.3
18.1

17

3.5

3.6

3.6

3.7

3.7

3.9

3.8

3.8

3.9

3.9

3.9

4.1

4.2

4.3

4.4

4.5

18
19
20

.0

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

-1.3
.0
1.3

-1.3
.0
1.3

-1.3
.0
1.3

-1.4
.0
1.4

-1.4
.0
1.4

-1.5
.0
1.5

-1.6
.0
1.6

-1.6
.0
1.6

-1.6
.0
1.6

-1.6
.0
1.6

-1.7
.0
1.7

-1.7
.0
1.7

-1.7
.0
1.7

-1.7
.0
1.7

-1.7
.0
1.7

-1.7
.0
1.7

Indirect business tax and nontax accruals
Sales taxes
Property taxes
Other

7
8
9
10

Contributions for social insurance

11

Federal grants-in-aid

12
13
14
15
16

Transfer payments to persons
Net interest paid
Interest paid
Less- Interest received by government '

19.5

Expenditures
Purchases of goods and services
Compensation of employees
Other

Less* Dividends received by government'

21

Subsidies less current surplus of government enterprises
Subsidies
Less* Current surplus of government enterprises

22
23
24

Less' Wage accruals less disbursements

25

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

Surplus or deficit ( —), national income and product 26
accounts.

-.6

-1.0

-1.4

-1.3

-1.6

-1.6

-.9

-.9

-1.0

-.9

-.7

-.9

-.7

-1.3

-1.4

-2.0

I

II

III

IV

I

II

III

IV

40.1

41.3

42.0

44.4

45.0

45.3

47.7

47.8

48.3

49.6

50.5

51.1

52.5

53.3

54.5

55.7

5.2
1.8
1.8
1.6

5.3
1.8
1.9
1.6

5.4
1.8
1.9
1.6

5.5
1.8
2.0
1.6

5.8
2.0
1.8
1.9

5.9
2.1
1.8
2.0

6.2
2.4
1.9
2.0

6.3
2.4
1.9
2.0

6.5
2.5
1.9
2.1

6.7
2.5
2.0
2.2

6.8
2.6
2.0
2.2

6.9
2.6
2.1
2.3

7.0
2.6
2.1
2.3

7.2
2.7
2.2
2.3

7.5
2.9
2.3
2.3

7.7
3.0
2.4
2.3

Social insurance funds
Other

27
28

1961

1960

1959

1958
Line

Receipts
Personal tax and nontax receipts
Income taxes
Nontaxes
Other

1
2
3
4
5

I

III

II

IV

II

I

IV

III

Corporate profits tax accruals

6

.9

.9

1.0

1.2

1.2

1.3

1.1

1.1

1.4

1.3

1.2

1.1

1.1

1.2

1.3

1.5

Indirect business tax and nontax accruals
Sales taxes
Property taxes
Other

7
8
9
10

26.4
9.8
13.4
3.3

26.8
9.8
13.6
3.3

27.4
10.0
13.9
3.5

28.1
10.3
14.2
3.6

28.4
10.7
14.4
3.3

28.7
10.9
14.5
3.3

29.7
11.4
14.9
3.4

30.4
11.5
15.4
3.4

30.9
11.8
15.6
3.5

31.7
12.1
16.0
3.5

32.3
12.3
16.5
3.6

33.0
12.4
16.9
3.6

33.5
12.6
17.2
3.7

34.1
12.8
17.5
3.8

34.7
13.2
17.7
3.9

35.5
13.6
18.0
3.9

Contributions for social insurance

11

2.7

2.8

2.8

2.9

3.0

3.1

3.1

3.2

3.3

3.4

3.5

3.5

3.6

3.6

3.7

3.8

Federal grants-in-aid

12

4.8

5.6

5.4

6.8

6.7

6.4

7.5

6.8

6.2

6.6

6.7

6.6

7.2

7.2

7.3

7.4

13

42.6

43.7

44.9

46.0

46.7

47.0

47.0

46.9

48.1

49.5

50.5

51.2

53.2

53.4

54.4

56.4

Purchases of goods and services
Compensation of employees
Other
....

14
15
16

39.5
20.8
18.7

40.6
21.4
19.2

41.7
21.8
19.9

42.7
22.2
20.5

43.6
22.6
20.9

43.7
22.9
20.8

43.8
23.3
20.5

43.7
23.7
20.0

44.9
24.6
20.3

46.2
25.2
21.0

47.2
25.8
21.4

47.9
26.3
21.5

49.7
27.0
22.7

49.9
27.6
22.3

50.8
28.3
22.5

52.7
28.9
23.9

Transfer payments to persons

17

4.7

4.8

4.8

4.9

5.0

5.1

5.1

5.2

5.3

5.3

5.5

5.6

5.7

5.8

5.8

5.9

Net interest paid
Interest paid
Less* Interest received by government 1

18
19
20

.1
1.5
1.4

.1
1.3
1.2

.2
1.6
1.4

.2
1.9
1.7

.1
1.7
1.6

.1
1.7
1.6

.1
1.8
1.7

.2
1.9
1.7

.1
2.1
2.0

.1
2.1
2.1

.1
2.0
1.9

.0
2.0
1.9

.1
2.0
1.9

.1
2.2
2.1

.1
2.3
2.2

.2
2.4
2.3

Less' Dividends received by government'

21

Subsidies less current surplus of government enterprises
Subsidies
Less- Current surplus of government enterprises

22
23
24

-1.7
.0
1.7

-1.7
.0
1.7

-1.8
.0
1.8

-1.8
.0
1.8

-1.9
.0
1.9

-2.0
.0
2.0

-2.1
.0
2.1

-2.1
.0
2.1

-2.1
.0
2.1

-2.2
.0
2.2

-2.2
.0
2.2

-2.2
.0
2.2

-2.3
.0
2.3

-2.3
.0
2.3

-2.3
.0
2.3

-2.4
.0
2.4

Less* Wage accruals less disbursements

Expenditures

25

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

Surplus or deficit ( —), national income and'product 26
accounts.

-2.5

-2.4

-2.9

-1.7

-1.7

-1.6

.7

.9

.2

.2

.0

-.1

-.8

-.1

.1

-.7

27
28

1.7
-4.2

1.6
-3.9

1.8
-4.7

1.9
-3.6

2.0
-3.8

2.0
-3.6

2.0
-1.4

2.1
-1.1

2.2
-2.0

2.3
-2.1

2.3
-2.3

2.3
-2.5

2.4
-3.1

2.4
-2.5

2.5
-2.4

2.5
-3.2

Social insurance funds
Other




Table 3.3.—State and Local Government Receipts and Expenditures: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates,
1946-76—Continued
[Billions of dollars]
1964

1963

1962

1965

Line
II

I

III

IV

I

III

II

IV

I

IV

III

II

I

II

III

IV

1

57.1

58.0

58.9

60.0

61.0

62.3

64.1

65.6

67.2

68.8

70.5

71.6

72.6

74.2

75.9

77.7

2
3
4
5

Receipts
Personal tax and nontax receipts
Income taxes
Nontaxes
Other

7.9
3.1
2.5
2.3

8.1
3.1
2.6
2.4

8.3
3.2
2.6
2.5

8.5
3.3
2.7
2.5

8.6
3.3
2.7
2.6

8.7
3.3
2.8
2.6

8.9
3.5
2.8
2.6

9.1
3.6
2.8
2.7

9.4
3.7
2.9
2.7

9.8
4.0
3.1
2.8

10.2
4.1
3.3
2.8

10.5
4.2
3.4
2.9

10.7
4.3
3.5
2.9

10.8
4.4
3.5
3.0

11.0
4.4
3.5
3.0

11.2
4.5
3.6
3.0

Corporate profits tax accruals

6

1.5

1.5

1.5

1.5

1.5

1.7

1.7

1.7

1.8

1.8

1.9

1.8

1.9

1.9

2.0

2.1

Indirect business tax and nontax accruals
Sales taxes
Property taxes
Other

7
8
9
10

36.2
13.9
18.3
3.9

36.7
13.9
18.7
4.0

37.2
14.0
19.2
4.0

37.7
14.2
19.6
4.0

38.2
14.3
19.9
4.1

38.9
14.7
20.1
4.1

39.8
15.3
20.4
4.2

40.5
15.6
20.6
4.2

41.4
16.1
21.0
4.3

42.1
16.3
21.4
4.4

43.2
16.7
21.9
4.5

43.7
16.7
22.4
4.6

44.6
17.2
22.8
4.6

45.5
17.8
23.1
4.7

46.6
18.5
23.3
4.8

47.7
19.2
23.6
4.8

Contributions for social insurance

11

3.8

3.8

3.9

4.0

4.1

4.2

4.3

4.4

4.5

4.7

4.7

4.8

4.9

4.9

5.1

5.2

Federal grants-in-aid

12

7.8

7.9

7.9

8.3

8.5

8.8

9.4

9.9

10.1

10.4

10.5

10.7

10.5

11.0

11.3

11.6

13

57.0

57.5

58.3

59.3

60.9

61.7

63.5

65.0

66.4

68.2

69.2

70.3

71.6

73.8

76.7

78.4

Purchases of goods and services
Compensation of employees
Other

14
15
16

53.1
29.5
23.6

53.8
30.0
23.8

54.7
30.4
24.2

55.6
31.1
24.5

57.2
31.9
25.3

58.0
32.5
25.6

59.8
33.1
26.6

61.2
33.9
27.2

62.4
34.8
27.7

64.2
35.5
28.6

65.3
36.2
29.1

66.4
37.0
29.4

67.7
37.8
29.9

69.8
38.7
31.1

72.6
39.8
32.7

74.3
40.8
33.5

Transfer payments to persons

17

6.0

6.0

6.0

6.1

6.2

6.3

6.5

6.6

6.7

6.9

6.9

7.1

7.2

7.3

7.4

7.5

Net interest paid
Interest paid
Less: Interest received by government

18
19
20

.2
2.5
2.3

.1
2.4
2.3

.1
2.5
2.4

.2
2.5
2.3

.2
2.5
2.4

.1
2.6
2.5

.0
2.7
2.7

.1
2.9
2.8

.0
2.9
2.9

.0
3.0
3.1

-.1
2.8
3.0

-.2
2.9
3.1

-.2
3.0
3.3

-.3
3.2
3.5

-.3
3.2
3.4

-.4
3.2
3.6

-2.4
.0
2.4

-2.4
.0
2.4

-2.4
.0
2.4

-2.6
.0
2.6

-2.7
.0
2.7

-2.7
.0
2.7

-2.8
.0
2.8

-2.8
.0
2.8

-2.8
.0
2.8

-2.8
.0
2.8

-2.9
.0
2.9

-3.0
.0
3.0

-3.0
.0
3.0

-3.0
.0
3.0

-2.9
.0
3.0

-3.0
.0
3.0

Expenditures

1

Less' Dividends received by government '

21

Subsidies less current surplus of government enterprises
Subsidies
Less: Current surplus of government enterprises

22
23
24

Less: Wage accruals less disbursements

25

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

Surplus or deficit ( —), national income and product 26
accounts.

.1

.5

.6

.7

.1

.5

.6

.6

.9

.6

1.3

1.2

1.0

.4

-.8

-.7

27
28

2.5
-2.4

2.5
-2.1

2.6
-2.1

2.6
-1.9

2.7
-2.6

2.8
-2.2

2.9
-2.2

3.0
-2.4

3.1
-2.2

3.2
-2.6

3.2
-1.9

3.3
-2.0

3.3
-2.3

3.4
-3.0

3.4
-4.2

3.6
-4.2

III

IV

III

IV

III

IV

III

IV

Social insurance funds
Other

I
Receipts
Personal tax and nontax receipts
Income taxes
Nontaxes
Other

II

1

81.0

83.8

86.3

2
3
4
5

11.7
4.8
3.8
3.0

12.4
5.2
4.1
3.1

13.2
5.6
4.3
3.2

1969

1968

1967

1966
Line

I

II

I

II

I

II

88.2

90.1

91.0

94.7

98.6

102.3

106.0

108.9

111.9

114.5

118.0

122.2

126.1

13.9
6.0
4.6
3.3

14.2
6.1
4.8
3.3

14.3
6.1
4.9
3.3

14.7
6.4
5.0
3.4

15.2
6.6
5.1
3.4

16.2
7.3
5.4
3.5

17.1
7.8
5.7
3.6

18.0
8.3
6.0
3.7

18.7
8.8
6.2
3.8

19.4
9.2
6.3
3.9

20.1
9.6
6.5
4.0

21.2
10.5
6.8
3.9

21.8
10.7
7.1
4.0

Corporate profits tax accruals

6

2.3

2.3

2.2

2.2

2.4

2.4

2.4

2.6

3.0

3.1

3.1

3.2

3.6

3.5

3.3

3.2

Indirect business tax and nontax accruals
Sales taxes
Property taxes
Other

7
8
9
10

48.4
19.5
23.9
4.9

49.2
19.7
24.3
5.1

50.2
20.2
24.7
5.3

51.1
20.4
25.2
5.5

51.8
20.4
25.8
5.6

52.9
20.7
26.6
5.6

54.8
21.8
27.3
5.7

56.5
22.7
28.1
5.7

58.5
23.8
28.9
5.8

60.0
24.6
29.6
5.9

61.8
25.6
30.3
6.0

63.2
26.2
30.9
6.0

64.7
27.1
31.6
6.1

66.6
28.1
32.3
6.2

68.5
29.1
33.1
6.3

70.4
29.9
34.1
6.4

Contributions for social insurance

11

5.4

5.6

5.8

6.1

6.3

6.6

6.8

6.9

7.0

7.1

7.3

7.5

7.8

8.1

8.5

8.7

Federal grants-in-aid

12

13.3

14.4

14.9

15.0

15.3

14.9

16.0

17.5

17.6

18.7

18.8

19.3

19.0

19.8

20.6

22.0

13

80.6

82.9

85.2

88.6

91.3

93.3

95.4

98.7

102.1

105.8

108.9

112.0

114.5

117.6

120.2

122.4

Purchases of goods and services
Compensation of employees
Other

14
15
16

76.4
42.1
34.3

78.5
43.3
35.2

80.5
44.8
35.8

83.9
46.3
37.6

86.3
47.4
38.9

88.0
48.7
39.3

89.9
50.3
39.6

92.9
51.7
41.1

96.4
53.5
42.8

99.7
55.1
44.6

102.3
56.7
45.7

105.4
58.3
47.1

107.5
59.7
47.7

110.3
61.5
48.7

112.4
63.6
48.9

114.6
65.5
49.0

Transfer payments to persons

17

7.7

8.0

8.3

8.6

8.9

9.2

9.5

9.9

10.1

10.3

10.7

10.9

11.5

11.9

12.4

13.0

Net interest paid
Interest paid.
Less: Interest received by government 1

18
19
20

-.5
3.3
3.9

-.6
3.4
4.0

-.7
3.5
4.2

-.8
3.5
4.3

-.9
3.4
4.2

-.8
3.4
4.2

-1.0
3.9
4.9

-1.0
4.3
5.3

-1.0
4.1
5.1

-1.0
4.1
5.2

-.9
4.2
5.1

-1.0
4.4
5.4

-1.1
4.5
5.6

-1.1
4.8
5.9

-1.2
5.0
6.1

-1.5
5.1
6.7

T ftcc Hiui^onrlc roppivpH Hv crnvpmmpnt 1

21

.1

.1

.1

.1

.1

.1

.2

.2

Subsidies less current surplus of government enterprises
Subsidies
Less' Current surplus of government enterprises

22
23
24

-2.9
.0
3.0

-3.0
.0
3.0

-3.0
.0
3.0

-3.1
.0
3.1

-3.1
.0
3.1

-3.1
.0
3.1

-3.0
.0
3.0

-3.1
.0
3.1

-3.2
.0
3.2

-3.1
.0
3.2

-3.2
.0
3.2

-3.2
.0
3.2

-3.2
.0
3.3

-3.3
.0
3.3

-3.3
.0
3.4

-3.4
.0
3.5

Less' Wage accruals less disbursements

25

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0
3.6
6.2
-2.6

Expenditures

Surplus or deficit ( - ) , national income and product
accounts.
Social insurance funds
Other




26

.4

.9

1.1

-.4

-1.2

-2.3

-.7

.0

.2

.2

.0

-.1

.0

.4

2.0

27
28

3.7
-3.3

3.8
-2.9

4.1
-2.9

4.3
-4.7

4.4
-5.5

4.5
-6.8

5.0
-5.7

5.3
-5.3

5.2
-5.0

5.2
-5.0

5.2
-5.2

5.4
-5.4

5.4
-5.4

5.7
-5.3

6.0
-4.0

Table 3.3.—State and Local Government Receipts and Expenditures: Annually, 1929-76, and Seasonally Adjusted Quarterly Totals at Annual Rates,
1946-76—Continued
[Billions of dollars]
1970

1971

1972

1973

Line
I
Receipts
Personal tax and nontax receipts
income taxes
Nontaxes
Other

III

II

IV

I

II

III

IV

I

II

III

IV

I

II

III

IV

1

130 1

133.7

137.5

140.4

145.4

151.6

155.2

159.9

166.3

178.6

175.8

192.6

191.9

193.6

194.8

199.8

2
3
4
5

22.4
10.9
7.4
4.1

22.9
11.0
7.7
4.2

23.5
11.2
8.0
4.3

24.0
11.3
8.4
4.3

24.7
11.6
8.8
4.4

26.0
12.4
9.1
4.4

26.8
12.7
9.4
4.6

28.1
13.9
9.8
4.5

30.9
16.1
10.0
4.7

32.8
17.6
10.3
4.8

33.3
17.8
10.6
4.9

34.3
18.3
10.9
5.1

35.0
18.6
11.2
5.2

35.4
18.8
11.5
5.1

36.2
19.1
11.8
5.2

37.4
20.0
12.1
5.3

Corporate profits tax accruals

6

3.6

3.5

3.6

3.4

3.9

4.0

4.2

4.2

4.8

4.8

5.0

5.5

5.8

5.9

5.6

5.8

^ d i r e c t business tax and nontax accruals
oales taxes
Property taxes
Other

7
8
9
10

72.2
30.6
35.1
6.5

74.1
31.3
36.2
6.6

76.0
32.1
37.2
6.7

77.7
32.6
38.2
6.9

80.0
33.6
39.2
7.2

82.0
34.5
40.1
7.4

84.7
36.1
40.9
7.6

86.7
37.3
41.6
7.8

88.3
38.1
42.2
8.1

90.5
39.4
42.8
8.3

92.4
40.3
43.6
8.6

94.7
41.4
44.4
8.9

97.3
43.0
45.3
9.0

98.6
43.3
46.1
9.2

100.7
44.6
46.8
9.3

102.2
45.3
47.3
9.6

Contributions for social insurance

11

8.9

9.1

9.4

9.6

9.8

10.1

10.3

10.5

11.0

11.3

11.6

12.0

12.4

12.8

13.1

13.6

Federal grants-in-aid

12

23.1

24.1

25.0

25.7

27.0

29.5

29.2

30.3

31.4

39.1

33.5

46.1

41.3

41.0

39.1

40.8

13

126.6

130.6

136.4

140.5

145.0

149.2

151.9

155.7

160.6

162.0

166.0

170.8

175.2

179.1

183.3

188.8

14
15
16

118.4
68.0
50.4

122.0
70.2
51.8

126.9
72.2
54.7

130.3
73.9
56.4

133.9
76.5
57.5

137.4
78.4
59.0

139.9
80.4
59.5

143.4
81.8
61.6

147.0
84.2
62.8

148.7
86.4
62.2

152.5
89.0
63.6

157.5
91.3
66.2

161.9
93.9
67.9

165.9
96.7
69.3

170.2
99.0
71.1

175.9
101.1
74.8

Expenditures
Purchases of goods and services
Compensation of employees
Other
Transfer payments to persons

17

13.6

14.3

15.1

15.9

16.6

17.1

17.5

18.1

18.6

19.1

19.6

19.9

20.2

20.5

20.8

21.3

N e t interest paid
Interest paid
Less: Interest received by government 1

18
19
20

-1.7
5.3
7.0

-1.9
5.5
7.4

-1.8
5.7
7.5

-1.8
5.9
7.7

-1.6
6.2
7.8

-1.4
6.4
7.8

-1.2
6.7
7.9

-1.3
6.9
8.2

-1.3
7.2
8.5

-1.4
7.4
8.8

-1.5
7.7
9.2

-1.9
7.9
9.8

-2.2
8.1
10.3

-2.6
8.3
11.0

-2.9
8.6
11.5

-3.5
8.8
12.4

L«ss: Dividends received by government 1

21

.2

.2

.3

.3

.3

.3

.3

.3

.3

.3

.3

.3

.4

.4

.5

.5

Subsidies less current surplus of government enterprises
Subsidies
Less: Current surplus of government enterprises

22
23
24

-3.5
.0
3.5

-3.5
.0
3.6

-3.6
.0
3.6

-3.6
.0
3.7

-3.6
.0
3.7

-3.7
.0
3.7

-3.7
.0
3.8

-3.8
.0
3.8

-4.0
.0
4.0

-4.1
.1
4.2

-4.2
.1
4.3

-4.3
.1
4.4

-4.3
.1
4.4

-4.3
.1
4.4

-4.4
.1
4.4

-4.3
.1
4.4

Less: Wage accruals less disbursements
Surplus or deficit ( —), national income and product
accounts.
Social insurance funds
Other

25

.0

.0

.0

.0

.0

.0

.3

.4

-.6

-.1

.0

.0

.0

-.1

.0

.0

26

3.5

3.1

1.0

-.2

.4

2.4

3.3

4.2

5.7

16.6

9.9

21.8

16.7

14.5

11.5

11.0

27
28

6.6
-3.1

6.9
-3.8

7.1
-6.0

7.2
-7.4

7.4
-6.9

7.5
-5.1

7.7
-4.4

7.9
-3.7

8.3
-2.6

8.6
8.0

8.8
1.1

9.0
12.8

9.3
7.4

9.5
5.0

9.7
1.8

10.0
1.0

1974

1975

1976

Line
I

II

III

IV

I

II

III

IV

I

II

III

IV

1

203.1

209.6

214.2

218.5

224.0

233.7

243.7

249.4

258.0

263.7

269.5

280.0

Personal tax and nontax receipts
Income taxes
Nontaxes
Other

2
3
4
5

37.1
19.4
12.4
5.3

38.2
20.0
12.8
5.4

40.0
21.4
13.1
5.4

40.7
21.8
13.5
5.4

41.2
21.8
13.9
5.4

42.4
22.5
14.3
5.6

43.6
23.1
14.8
5.7

45.1
23.9
15.3
5.9

46.9
25.1
15.9
5.9

48.6
26.2
16.4
6.0

50.6
27.4
17.0
6.2

52.1
28.3
17.5
6.3

Corporate profits tax accruals

6

Indirect business tax and nontax accruals
Sales taxes
Property taxes
Other

7
8
9
10

Contributions for social insurance

11

14.0

14.4

14.8

15.3

15.8

16.5

17.2

17.8

18.5

Federal grants-in-aid

12

42.4

44.1

43.1

46.1

49.5

53.9

57.0

57.8

59.2

13

193.6

201.8

208.5

214.3

222.3

228.0

235.9

242.6

247.8

Purchases of goods and services
Compensation of employees
Other

14
15
16

182.8
103.4
79.4

191.0
105.8
85.2

196.6
108.5
88.1

201.9
111.5
90.4

208.5
115.2
93.3

213.5
119.4
94.2

220.3
122.7
97.6

226.4
125.2
101.2

230.4
128.3
102.1

Transfer payments to persons

17

19.6

20.3

21.3

22.2

23.3

24.1

25.0

26.0

26.7

27.4

27.9

28.4

N e t interest paid
Interest paid
Less: Interest received by government 1

18
19
20

-3.8
9.1
12.9

-4.3
9.4
13.8

-4.2
9.8
14.0

-4.6
10.1
14.7

-4.3
10.5
14.8

-4.4
10.9
15.2

-4.1
11.3
15.3

-4.2
11.6
15.8

-3.7
12.0
15.7

-3.6
12.4
16.0

-3.5
12.7
16.2

-3.7
13.0
16.7

Less: Dividends received by government 1

21

.7

.8

.9

.9

.9

.8

.9

.8

.8

.8

.8

.9

-4.4
.1
4.5

-4.3
.1
4.4

-4.3
.1
4.5

-4.3
.1
4.5

-4.5
.2
4.6

-4.5
.2
4.6

-4.8
.2
4.9

-4.7
.2
4.9

-4.8
.2
5.0

-4.8
.2
5.0

-5.0
.2
5.2

Receipts

Expenditures

6.1

6.4

7.0

6.3

5.8

6.3

7.9

8.3

9.3

9.2

9.3

9.2

103.5
45.8
47.8
9.9

106.5
47.9
48.5
10.2

109.3
49.6
49.3
10.4

110.1
49.3
50.3
10.5

111.7
49.4
51.6
10.7

114.6
50.8
52.8
11.0

118.0
52.7
54.0
11.3

120.4
53.8
55.2
11.3

124.1
56.0
56.4
11.7

126.7
57.1
57.7
11.9

129.4
58.0
58.9
12.6

133.1
60.0
60.0
13.1

19.2

19.9

20.5

59.9

60.3

65.0

249.9

252.1

255.0

231.8
131.1
100.7

233.4
133.6
99.8

236.2
136.1
100.1

Subsidies less current surplus of government enterprises
Subsidies
Less: Current surplus of government enterprises

22
23
24

-4.4
.1
4.5

Less: Wage accruals less disbursements

25

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

Surplus or deficit ( —), national income and product 26
accounts.

9.5

7.8

5.7

4.2

1.7

5.7

7.7

6.8

10.1

13.8

17.4

25.0

27
28

10.4
-.9

10.8
-3.0

11.2
-5.4

11.6
-7.4

12.2
-10.5

12.8
-7.1

13.5
-5.7

14.0
-7.2

14.7
-4.5

15.4
-1.6

15.9
1.4

16.6
8.4

Social insurance funds
Other
1

Prior to 1968, dividends received is included in interest received (line 20).




Table 3.4.—Personal Tax and Nontax Receipts: Annually, 1929-76
[Millions of dollars]
Line
Personal tax and nontax receipts.

1929

1930

1931

1932

1934

1933

1

2,595

2,460

1,817

1,420

1,437

2

1,263

1,134

607

331

Income taxes
3
Withheld
4
Declarations and settlements.... 5
Less: Refunds
6

1,179

1,045

532

285

7
8

60
24

60
29

55
20

9

Federal

1

Estate and gift taxes
Nontaxes
State and local

1935

1936

1937

1938

1939

1940

1941

1942

1943

1944

1,568

1,861

2,231

2,895

2,834

2,413

2,574

3,270

5,942

17,819

18,901

474

595

827

1,130

1,723

1,635

1,235

1,364

2,016

4,668

16,517

17,536

355

440

568

732

1,305

1,230

854

1,012

1,599

4,040

15,906

16,797

30
16

68
16

127
13

245
14

381
17

397
21

385
20

366
15

336
16

396
21

465
42

455
79

557
108

1,332

1,326

1,210

1,089

963

973

1,034

1,101

1,172

1,199

1,178

1,210

1,254

1,274

1,302

1,365

Income taxes
Estate and gift taxes
Motor vehicle licenses
Property taxes
Other taxes

10
11
12
13
14

139
165
216
148
47

110
182
213
154
49

74
168
201
149
47

64
137
187
144
48

67
110
179
129
47

87
97
180
126
52

121
109
189
129
60

167
116
202
130
64

204
129
210
134
69

208
137
207
137
75

201
122
216
137
78

232
115
235
140
65

258
116
245
142
64

291
111
224
142
67

330
111
208
145
67

366
125
203
147
71

Nontaxes
Tuition and related educational charges.
Hospital and health charges
Fines
Other

15
16

617

618

571

509

431

431

426

422

426

435

424

423

429

439

441

453

17
18
19

Line
Personal tax and nontax receipts.
1

1945

1946

1947

1948

1949

1950

1951

1952

1953

1954

1955

1956

1957

1958

1959

1960

1

20,840

18,673

21,392

21,026

18,506

20,591

28,921

34,033

35,469

32,504

35,383

39,651

42,379

42,136

45,980

50,354

2

19,379

17,166

19,643

18,973

16,137

18,090

26,131

31,031

32,247

28,998

31,437

35,170

37,411

36,786

39,914

43,644

Income taxes
Withheld
Declarations and settlements..
Less: Refunds

3
4
5
6

18,526

16,343
9,251
8,735
1,643

18,784
11,119
9,327
1,662

18,054
10,639
9,186
1,771

15,362
9,888
7,828
2,354

17,415
11,724
7,384
1,693

25,354
16,772
10,362
1,780

30,141
20,492
11,772
2,123

31,273
22,699
11,179
2,605

28,027
20,437
10,477
2,887

30,419
22,735
10,770
3,086

33,847
25,404
11,680
3,237

35,936
27,301
12,135
3,500

35,410
27,834
11,473
3,897

38,466
30,671
11,961
4,166

41,844
32,817
13,415
4,388

Estate and gift taxes

7
8

654
118

725
97

819
40

885
34

740
35

643
32

731
46

837
53

910
64

908
63

968
50

1,268
55

1,430
45

1,329
47

1,404
44

1,759
41

9

Federal

Nontaxes
State and local
Income taxes
Estate and gift taxes
Motor vehicle licenses
Property taxes
Other taxes
Nontaxes
Tuition and related educational charges.
Hospital and health charges....
Fines
Other

1,461

1,507

1,749

2,053

2,369

2,501

2,790

3,002

3,222

3,506

3,946

4,481

4,968

5,350

6,066

6,710

10
11
12
13
14

402
141
206
149
72

409
153
226
155
69

488
177
256
171
82

570
183
288
189
93

718
175
326
211
102

776
182
370
227
107

905
209
422
245
108

1,002
218
453
266
117

1,042
238
487
287
120

1,135
255
533
306
118

1,345
285
585
316
143

1,574
336
654
302
148

1,723
357
722
281
166

1,829
366
768
302
164

2,229
401
921
506
167

2,536
483
969
552
173

15
16

491

495

575

730

837

839

901

946

1,048

1,159

1,272

1,467

1,719

1,921

1,842
416

1,997
471

860
215
351

896
196
434

17
18
19

Line
Personal tax and nontax receipts.
1

1961

1962

1963

1964

1965

1966

1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

1

52,066

56,835

60,320

58,618

64,874

74,477

82,078

97,186

115,740

115,800

116,697

141,031

150,688

170,248

168,895

196,833

2

44,704

48,635

51,483

48,626

53,947

61,696

67,475

79,661

95,113

92,611

90,305

108,209

114,702

131,260

125,830

147,273

3
Income taxes
4
Withheld
Declarations and settlements.... 5
Less: Refunds
6

42,709
34,411
13,175
4,877

46,531
37,140
14,604
5,213

49,185
40,421
14,469
5,705

46,001
36,663
15,440
6,102

51,080
39,130
17,037
5,087

58,602
46,244
18,515
6,157

64,351
53,518
19,088
8,255

76,491
63,946
22,288
9,743

91,489
74,879
27,444
10,834

88,841
76,499
26,087
13,745

85,652
76,306
24,384
15,038

102,713
91,672
25,833
14,792

109,482
104,819
27,376
22,713

126,350
119,183
31,726
24,559

120,818
120,611
35,001
34,794

141,544
133,094
36,396
27,946

7
8

1,950
45

2,054
50

2,241
57

2,567
58

2,815
52

3,046
48

3,065
59

3,128
42

3,563
61

3,682
88

4,588
65

5,361
135

5,092
128

4,795
115

4,887
125

5,583
146

Federal

Estate and gift taxes
Nontaxes

9

7,362

8,200

8,837

9,992

10,927

12,781

14,603

17,525

20,627

23,189

26,392

32,822

35,986

38,988

43,065

49,560

Income taxes
Estate and gift taxes
Motor vehicle licenses
Property taxes
Other taxes

10
11
12
13
14

2,800
559
983
592
181

3,180
584
1,026
635
185

3,432
644
1,065
659
258

4,018
738
1,129
663
274

4,417
793
1,201
689
289

5,422
840
1,319
689
306

6,292
913
1,379
722
325

8,061
960
1,556
763
341

9,993
1,062
1,729
793
365

11,114
1,082
1,866
837
423

12,669
1,209
1,956
861
434

17,460
1,443
2,121
876
442

19,138
1,509
2,320
889
466

20,637
1,503
2,412
863
613

22,828
1,561
2,480
906
693

26,751
1,653
2,780
914
759

Nontaxes
Tuition and related educational charges.
Hospital and health charges
Fines
Other

15
16

2,247
531

2,590
623

2,779
726

3,170
872

3,538
1,048

4,205
1,239

4,972
1,444

5,844
1,683

6,685
1,963

7,867
2,428

9,263
2,892

10,480
3,229

11,664
3,647

12,960
3,964

14,597
4,247

16,703
4,641

17
18
19

926
291
499

1,099
363
505

1,159
304
590

1,290
353
655

1,446
347
697

1,692
451
823

2,007
587
934

2,542
617
1,002

2,931
667
1,124

3,431
769
1,239

4,106
917
1,348

4,668
1,037
1,546

5,166
1,083
1,768

5,831
1,155
2,010

6,741
1,279
2,330

7,943
1,479
2,640

State and local

1

Includes the following taxes (in millions of dollars) not shown separately: dividends tax: 1933, 35; 1934, 15; automobile use tax: 1942, 121; 1943, 77; 1944, 74; 1945, 81; 1946, 1.




Table 3.5.—Indirect Business Tax and Nontax Accruals: Annually, 1929-76
[Millions of dollars]
Line
Indirect business
nontax accruals.
Federal

tax

and

1

1929

1931

1930

1

7,051

7,202

1933

1932

1935

1934

1936

1937

1938

1939

1940

1941

1942

1943

1944

12,761

14,161

6,900

6,803

7,082

7,842

8,217

8,690

9,183

9,182

9,392

10,051

11,319

11,808

2

1,045

894

924

1,619

2,181

2,181

2,251

2,406

2,216

2,322

2,627

3,567

4,049

4,944

6,171

562
13
449

535
11
446

489
10
425

633
7
386

1,220
138
408

1,761
374
451

1,694
458
477

1,687
569
534

1,771
587
562

1,702
564
566

1,818
602
592

2,109
720
643

2,814
927
746

3,358
1,214
857

4,055
1,452
988

5,217
2,069
923

100

78

54

240

674

936

759

584

622

572

624

746

1,141

1,287

1,615

2,225

8
9

Other
Customs duties
Nontaxes

1,193

3
4
5
6
7

Excise taxes
Liquor
Tobacco

575
56

454
56

356
49

248
43

283
36

291
37

353
39

387
39

454
42

342
45

327
44

305
46

416
55

295
67

396
112

363
219

10

5,858

6,157

6,006

5,879

5,463

5,661

6,036

6,439

6,777

6,966

7,070

7,424

7,752

7,759

7,817

7,990

Sales taxes
State
General 2
Gasoline
Liquor 2 2
Tobacco
Public utilities 3
Insurance receipts 3
Other 3
Local
General
Public utilities
Other

11
12
13
14
15
16
17
18
19
20
21
22
23

439
414

525
500

414

500

571
545
7
524
1
13

578
552
10
522
4
16

669
641
61
526
34
20

934
904
228
563
89
24

1,156
1,096
300
620
141
35

1,396
1,306
398
690
169
49

1,518
1,417
440
748
174
55

1,583
1,463
449
782
175
57

1,653
1,542
465
815
184
78

1,835
1,705
533
865
205
102

2,073
1,942
621
958
241
122

2,033
1,900
642
855
266
137

1,965
1,831
700
704
276
151

2,002
1,866
751
681
281
153

25

25

26

26

28

30

60

90

101

120

111

130

131

133

134

136

Property taxes
Motor vehicle licenses
Severance taxes 3
Other taxes 4

24
25
26
27

4,543
124

4,727
124

4,539
118

4,424
108

3,962
106

3,907
113

4,023
127

4,058
140

4,162
143

4,277
152

4,285
156

4,407
175

4,449
187

4,397
186

4,494
187

4,565
190

467

488

475

452

424

406

417

529

621

612

638

656

691

760

806

847

Nontaxes
Rents and royalties .
Special assessments
Fines
Other

28
29
30
31
32

285

293

303

317

302

301

313

316

333

342

338

351

352

383

365

386

State and local

Line
Indirect business
nontax accruals.

tax

and

1

1945

1946

1947

1948

1949

1950

1951

1952

1953

1954

1955

1956

1957

1958

1959

1960

1

15,549

17,124

18,443

20,124

21,337

23,422

25,280

27,703

29,730

29,636

32,225

35,070

37,491

38,665

41,792

45,389

2

7,128

7,791

7,791

7,970

8,020

8,860

9,352

10,296

10,895

9,733

10,674

11,245

11,793

11,498

12,508

13,429

Excise taxes
Liquor
Tobacco
Windfall profit tax
Other

3
4
5
6
7

6,175
2,336
1,031

7,202
2,648
1,210

7,246
2,292
1,261

7,436
2,139
1,309

7,505
2,161
1,317

8,200
2,380
1,345

8,625
2,420
1,445

9,572
2,692
1,659

10,152
2,763
1,612

8,981
2,646
1,540

9,792
2,752
1,593

10,267
2,990
1,632

10,754
2,844
1,699

10,397
2,905
1,812

11,185
3,046
1,850

12,035
3,108
1,942

2,808

3,344

3,693

3,988

4,027

4,475

4,760

5,221

5,777

4,795

5,447

5,645

6,211

5,680

6,289

6,985

Customs duties
Nontaxes

8
9

384
216

489
100

418
127

392
142

365
150

534
126

575
152

564
160

570
173

544
208

657
225

721
257

768
271

825
276

1,049
274

1,066
328

8,421

9,333

10,652

12,154

13,317

14,562

15,928

17,407

18,835

19,903

21,551

23,825

25,698

27,167

29,284

31,960

4,801
4,317
1,828
1,625
442
422

5,366
4,815
2,118
1,791
462
444

5,847
5,220
2,347
1,968
449
456

6,264
5,546
2,509
2,100
471
466

6,469
5,766
2,557
2,296
455
458

7,103
6,324
2,838
2,491
514
481

7,989
7,100
3,208
2,788
566
538

8,590
7,559
3,512
2,892
567
588

9,979
8,900
3,512
2,969
575
639
348
501
356
1,079

11,132
9,982
4,059
3,216
626
800
360
541
380
1,150
747
233
170

12,156
10,817
4,441
3,397
667
962
383
558
409
1,339
875
268
196

14,812
721
407
1,435

16,238
765
436
1,511

777
282
334
71
90

854
280
369
65
140

Federal

10
11
12
13
14
15
16
17
18
19
20
21
22
23

2,266
2,110
806
777
359
168

2,899
2,716
1,051
1,020
427
218

3,508
3,202
1,330
1,176
407
289

4,115
3,715
1,584
1,318
439
374

156

183

306

400

451

484

551

627

718

703

779

889

1,031

Property taxes
Motor vehicle licenses
Severance taxes ®
Other taxes 4

24
25
26
27

4,642
207

4,836
244

5,346
294

6,642
374

7,143
416

7,696
468

8,385
514

9,096
563

9,673
600

10,448
647

11,453
668

12,609
678

908

1,033

1,153

1,340

1,494

1,625

1,774

1,980

2,176

2,291

2,499

2,791

2,850

13,764
673
382
1,293

28
29
30
31
32

398

321

351

428

474

577

624

681

736

870

854

924

971

1,076

Nontaxes

Ppnfc anrl rnvnlfipc

Special assessments
Other




pi
CO to

Sales taxes
State
General 2
Gasoline
Liquor 2
Tobacco 2
Public utilities 3 3
Insurance receipts
Other 3
Local
General
Public utilities
Other

4,333
3,882
1,609
1,451
418
404

coco
00 00

State and local

Table 3.5.—Indirect Business Tax and Nontax Accruals: Annually, 1929-76—Continued
[Millions of dollars]
Line
Indirect business
nontax accruals.
Federal

tax

1

Liquor
Tobacco
Windfall profit tax
Other...
Customs duties
Nontaxes.

and

1961

1962

1963

1964

1965

1966

1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

1

48,035

51,557

54,638

58,752

62,575

65,320

70,239

78,860

86,551

94,283

103,682

111,459

120,925

129,065

140,057

151,718

2

13,602

14,606

15,258

16,173

16,479

15,598

16,265

18,001

18,985

19,298

20,351

19,969

21,215

21,688

23,890

23,398

3
4
5
6
7

12,169
3,219
2,020

12,972
3,335
2,043

13,509
3,397
2,103

14,158
3,634
2,066

13,870
3,679
2,087

12,642
3,852
2,072

13,328
4,102
2,115

14,701
4,307
2,135

15,539
4,570
2,092

15,694
4,662
2,178

15,988
4,856
2,156

15,609
4,993
2,233

16,652
5,108
2,400

16,546
5,272
2,348

16,373
5,349
2,377

17,024
5,284
2,492

6,930

7,594

8,009

8,458

8,104

6,718

7,111

8,259

8,877

8,854

8,976

8,383

9,144

8,926

8,647

9,248

8
9

1,030
403

1,202
432

1,227
522

1,318
697

1,613
996

1,869
1,087

1,909
1,028

2,258
1,042

2,370
1,076

2,484
1,120

3,112
1,251

2,997
1,363

3,271
1,292

3,658
1,484

5,864
1,653

4,560
1,814

10

34,433

36,951

39,380

42,579

46,096

49,722

53,974

60,859

67,566

74,985

83,331

91,490

99,710

107,377

116,167

128,320

Sales taxes
State
General 2
Gasoline
Liquor 2
Tobacco 2
Public utilities 3 3
Insurance receipts
Other 3
Local....
General
Public utilities
Other

11
12
13
14
15
16
17
18
19
20
21
22
23

13,020
11,588
4,848
3,562
714
1,038
410
589
427
1,432
921
298
213

14,013
12,557
5,394
3,792
766
1,100
428
615
462
1,456
958
312
186

14,975
13,413
5,788
3,988
831
1,184
461
637
524
1,562
1,065
332
165

16,454
14,522
6,439
4,212
887
1,226
477
707
574
1,932
1,220
362
350

18,185
16,135
7,326
4,504
947
1,425
536
780
617
2,050
1,311
372
367

19,953
17,955
8,567
4,754
1,012
1,584
558
818
662
1,998
1,276
392
330

21,370
19,426
9,515
5,021
1,077
1,679
610
839
685
1,944
1,202
381
361

25,057
22,770
11,678
5,484
1,177
2,030
678
927
796
2,287
1,439
467
381

28,562
25,693
13,304
5,977
1,310
2,111
831
1,223
937
2,869
1,809
612
448

31,645
28,193
14,777
6,407
1,493
2,426
944
1,116
1,030
3,452
2,183
731
538

35,364
31,393
16,625
6,866
1,620
2,601
1,151
1,371
1,159
3,971
2,476
876
619

39,801
35,224
18,879
7,625
1,749
2,965
1,316
1,431
1,259
4,577
2,955
996
626

44,080
38,840
21,093
8,275
1,861
3,161
1,387
1,603
1,460
5,240
3,447
1,117
676

48,160
42,012
23,899
8,132
1,989
3,251
1,546
1,683
1,512
6,148
4,074
1,309
765

51,703
44,749
25,755
8,385
2,044
3,349
1,862
1,740
1,614
6,954
4,556
1,544
854

57,760
49,868
29,280
8,961
2,120
3,484
2,111
1,988
1,924
7,892
5,167
1,771
954

Property taxes
Motor vehicle licenses
Severance taxes 3
Other taxes 4

24
25
26
27

17,580
783
451
1,581

18,958
820
460
1,619

20,245
851
478
1,702

21,687
899
497
1,776

23,187
961
510
1,920

24,535
1,031
565
2,225

26,964
1,067
595
2,395

29,896
1,091
625
2,432

32,763
1,218
652
2,466

36,674
1,324
701
2,590

40,445
1,395
746
3,100

43,227
1,508
803
3,604

46,355
1,646
887
3,940

48,980
1,734
1,596
3,827

53,384
1,789
1,810
4,022

58,247
1,972
2,101
4,421

Nontaxes.
Rents and royalties
Special assessments
Fines...
Other

28
29
30
31
32

1,018
360
392
97
169

1,081
429
381
120
151

1,129
396
449
101
183

1,266
431
532
117
186

1,333
452
519
115
247

1,413
532
493
151
237

1,583
642
419
196
326

1,758
723
485
229
321

1,905
773
533
256
343

2,051
828
586
284
353

2,281
911
662
316
392

2,547
993
751
338
465

2,802
1,111
800
354
537

3,080
1,256
836
377
611

3,459
1,478
853
426
702

3,819
1,659
865
492
803

State and local

} Includes capital stock tax (in millions of dollars) not shown separately: 1933, 80; 1934, 92; 1935, 95; 1936, 138; 1937, 139; 1938, 127; 1939, 133- 1940 167* 1941 282* 1942 3291943, 381; 1944, 372; 1945, 353.
2
For 1929 and 1930, included in line 27.
3
Prior to 1958, included in line 27.
4
See footnotes 2 and 3.

Table 3.6.—Contributions for Social Insurance: Annually, 1929-76
[Millions of dollars]
Line

Contributions for social insurance

1929

1930

1931

1932

1933

1934

1935

1936

1937

1938

1939

1940

1941

1942

1943

1944

1

243

253

262

278

285

304

333

598

1,800

1,977

2,136

2,282

2,784

3,468

4,516

5,173

2

101

106

111

126

133

147

171

418

1,234

1,423

1,540

1,624

1,983

2,302

2,677

2,937

3
4
5
6

29
0
0
0

28
0
0
0

27
0
0
0

30
0
0
0

26
0
0
0

29
0
0
0

44
0
0
0

287
0
0
0

1,093
288
288
0

1,276
261
261
0

1,388
291
291
0

1,469
329
329
0

1,818
419
419
0

2,117
532
532
0

2,475
625
625
0

2,725
648
648
0

State unemployment insurance
Federal unemployment tax
Railroad unemployment insurance
Railroad retirement
Federal civilian employees retirement
Veterans life insurance
Workmen's compensation

7
8
9
10
11
12
13

0
0
0
0
21
8
0

0
0
0
0
21
7
0

0
0
0
0
22
5
0

0
0
0
0
22
8
0

0
0
0
0
22
4
0

3
0
0
0
22
4
0

7
0
0
0
32
5
0

159
81
0
0
45
2
0

588
89
0
62
63
3
0

780
102
0
54
77
2
0

815
105
33
58
84
2
0

813
98
67
67
93
2
0

1,011
124
80
80
102
2
0

1,089
161
99
98
109
29
0

1,246
183
118
129
147
27
0

1,177
184
129
140
192
255
0

State and local social insurance funds
State and local employees retirement
Temporary disability insurance
Workmen s compensation

14
15
16
17

72
72
0
0

78
78
0
0

84
84
0
0

96
96
0
0

107
107
0
0

118
118
0
0

127
127
0
0

131
131
0
0

141
141
0
0

147
147
0
0

152
152
0
0

155
155
0
0

165
165
0
0

185
185
0
0

202
202
0
0

212
212
0
0

Employer contributions
Federal social insurance funds
Old-age, survivors, disability, and hospital insurance
Old-age, survivors, and disability insurance
Hospital insurance

18

142

147

151

152

152

157

162

180

566

554

596

658

801

1,166

1,839

2,236

Federal social insurance funds
Old-age, survivors, disability, and hospital insurance
Employees
Old-age, survivors, and disability insurance
Hospital insurance
Self-employed
Supplementary medical insurance
State unemployment insurance
Railroad retirement
Federal civilian employees retirement
Veterans life insurance

19
20
21
22
23
24
25
26
27
28
29

95
0
0
0
0
0
0
0
0
29
66

96
0
0
0
0
0
0
0
0
30
66

96
0
0
0
0
0
0
0
0
31
65

95
0
0
0
0
0
0
0
0
32
63

89
0
0
0
0
0
0
0
0
30
59

92
0
0
0
0
0
0
0
0
30
62

92
0
0
0
0
0
0
0
0
32
60

104
0
0
0
0
0
0
9
0
34
61

480
288
288
288
0
0
0
32
62
37
61

458
261
261
261
0
0
0
44
54
39
60

491
291
291
291
0
0
0
41
58
42
59

546
329
329
329
0
0
0
44
67
50
56

686
419
419
419
0
0
0
56
80
66
65

1,044
532
532
532
0
0
0
74
98
159
181

1,706
625
625
625
0
0
0
88
129
257
607

2,092
648
648
648
0
0
0
90
140
282
932

State and local social insurance funds
State and local employees retirement
Temporary disability insurance

30
31
32

47
47
0

51
51
0

55
55
0

57
57
0

63
63
0

65
65
0

70
70
0

76
76
0

86
86
0

96
96
0

105
105
0

112
112
0

115
115
0

122
120
2

133
128
5

144
139
5

Personal contributions




Table 3.6.—Contributions for Social Insurance: Annually, 1929-76—Continued
[Millions of dollars]
Line
Contributions for social insurance
Employer contributions

1945

1946

1947

1948

1949

1950

1951

1952

1953

1954

1955

1956

1957

1958

1959

1

6,138

6,101

5,817

5,366

5,895

7,058

8,475

8,970

9,133

10,110

11,452

12,936

14,880

15,208

18,006 21,058

6,216

7,116

8,188

8,347

10,070

11,780

6,591
3,673
3,673
0

6,659
3,657
3,657
0

8,186
4,556
4,556
0

9,645
5,632
5,632
0

2

3,805

4,090

3,699

3,188

3,661

4,164

5,033

5,177

5,148

5,487

1960

3
4
5
6

3,580
630
630
0

3,733
687
687
0

3,289
780
780
0

2,696
839
839
0

3,095
816
816
0

3,482
1,308
1,308
0

4,214
1,660
1,660
0

4,236
1,776
1,776
0

4,107
1,882
1,882
0

4,282
2,458
2,458
0

4,957
2,825
2,825
0

5,704
3,043
3,043
0

State unemployment insurance
Federal unemployment tax
Railroad unemployment insurance
Railroad retirement
Federal civilian employees retirement
Veterans life insurance
Workmen's compensation

7
8
9
10
11
12
13

1,011
174
130
140
227
1,268
0

893
184
139
163
241
1,413
13

1,029
212
143
271
241
599
14

965
228
25
283
244
98
14

1,010
223
23
277
273
459
14

1,217
232
24
282
316
80
23

1,465
263
26
307
316
144
33

1,350
263
25
319
326
138
39

1,288
298
25
312
188
71
43

1,081
289
24
294
42
50
44

1,221
304
25
308
144
82
48

1,475
326
76
316
393
23
52

1,507
337
97
304
599
18
56

1,503
326
106
265
726
13
63

2,024
337
151
287
755
12
64

2,300
343
165
297
838
10
60

State and local social insurance funds
State and local employees retirement
Temporary disability insurance
Workmen s compensation

14
15
16
17

225
225
0
0

357
250
0
107

410
290
0
120

492
360
0
132

566
420
2
144

682
510
7
165

819
625
2
192

941
715
4
222

1,041
790
4
247

1,205
940
4
261

1,259
985
5
269

1,412
1,110
4
298

1,597
1,270
6
321

1,688
1,370
6
312

1,884
1,559
6
319

2,135
1,775
7
353

18

2,333

2,011

2,118

2,178

2,234

2,894

3,442

3,793

3,985

4,623

5,236

5,820

6,692

6,861

7,936

9,278

Federal civilian employees retirement
Veterans life insurance

19
20
21
22
23
24
25
26
27
28
29

2,174
630
630
630
0
0
0
79
140
295
1,030

1,773
687
687
687
0
0
0
44
163
262
617

1,833
780
780
780
0
0
0
33
271
246
503

1,829
839
839
839
0
0
0
18
283
275
414

1,856
816
816
816
0
0
0
11
277
350
402

2,448 2,904
1,660
1,308
1,308 ^ 1,660
1,660
1,308
0
0
0
0
0
0
13
13
307
282
371
391
533
474

3,181
1,982
1,776
1,776
0
206
0
14
319
427
439

3,305
2,101
1,882
1,882
0
219
0
14
312
431
447

3,874
2,681
2,458
2,458
0
223
0
13
294
430
456

4,418
3,123
2,825
2,825
0
298
0
14
308
513
460

4,917
3,511
3,043
3,043
0
468
0
16
316
600
474

5,707
4,195
3,673
3,673
0
522
0
15
304
674
519

5,759
4,238
3,657
3,657
0
581
0
13
265
726
517

6,734
5,146
4,556
4,556
0
590
0
13
287
760
528

7,976
6,331
5,632
5,632
0
699
0
14
297
794
540

State and local social insurance funds
State and local employees retirement
Temporary disability insurance

30
31
32

159
155
4

238
190
48

285
230
55

349
280
69

378
330
48

538
490
48

612
560
52

680
625
55

749
690
59

818
755
63

903
835
68

985
915
70

1,102
1,025
77

1,202
1,114
88

1,302
1,201
101

1974

1975

1976

Federal social insurance funds
Old-age, survivors, disability, and hospital insurance
Old-age, survivors, and disability insurance
Hospital insurance

Federal social insurance funds
Old-age, survivors, disability, and hospital insurance
Employees
Old-age, survivors, and disability insurance
Hospital insurance
Self-employed
Supplementary medical insurance
State unemployment insurance

1963

1964

1965

Line
Contributions for social insurance
Employer contributions
Federal social insurance funds
Old-age, survivors, disability, and hospital insurance
Old-age, survivors, and disability insurance
Hospital insuranceState unemployment insurance
Federal unemployment tax
Railroad unemployment insurance
Railroad retirement
Federal civilian employees retirement
Veterans life insurance
Workmen's compensation
State and local social insurance funds
State and local employees retirement
Temporary disability insurance
Workmen s compensation
Personal contributions
Old-age, survivors, disability, and hospital insurance
Employees
Old-age, survivors, and disability insurance
Self-employed
Supplementary medical insurance
State unemployment insurance
Railroad retirement
Federal civilian employees retirement
Veterans life insurance
State and local social insurance funds
State and local employees retirement
Temporary disability insurance




1961

1962

1

21,936

24,335 27,313 28,663 30,024

2

12,282

14,017

15,536

16,099

446
395
51

1966

1967

1968

38,824 43,385 47,939

16,698 21,032

11,636 12,899 13,202 13,668 17,506
7,846 8,330 12,053
6,226 7,464
7,464 7,846 8,330 11,033
6,226
0
0 1,020
0
0

1969

54,953 58,590

22,774 25,074 28,722
18,610 20,601
13,411 15,243
11,866 13,138
1,545 2,105

1970

1971

1972

64,640 74,202

30,733 33,969

1973

92,434 104,348 110,879 126,029

39,752 49,842

56,425 60,457

70,544

23,526 24,889 27,557 32,494 41,475 46,748 48,921 56,806
17,884 18,524 20,621 23,333 30,429 34,566 36,100 40,059
15,621 16,182 18,214 20,612 25,174 29,191 30,490 33,834
2,263 2,342 2,407 2,721 5,255 5,375 5,610 6,225

3
4
5
6

9,995
5,700
5,700
0

7
8
9
10
1 11
12
13

2,464
456
153
275
875
10
62

2,997
947
160
289
943
8
66

3,034
847
156
287
1,034
8
69

3,059
619
153
305
1,138
10
72

3,076
558
149
326
1,146
9
74

3,014
597
146
363
1,244
7
82

2,614
601
141
402
1,339
9
93

2,536
634
136
438
1,501
9
104

2,529
669
131
464
1,719
9
121

2,493
854
128
517
2,215
11
147

2,721
853
123
535
2,520
8
176

4,206
1,182
119
567
2,872
12
203

5,188
1,511
118
766
3,217
9
237

5,553
1,289
119
1,131
3,779
2
309

14
15
16
17

2,287
1,903
7
377

2,381
1,970
8
403

2,637
2,187
8
442

2,897
2,417
8
472

3,030
2,525
9
496

3,526
2,980
10
536

4,164
3,574
10
580

4,473
3,839
15
619

5,196
4,513
19
664

5,844
5,091
28
725

6,412
5,589
37
786

7,258
6,350
44
864

8,367
7,326
47
994

9,677
8,482
41
1,154

18

9,654

10,318

11,777

12,564

13,326

17,792

20,611 22,865 26,231 27,857

30,671 34,450 42,592

47,923 50,422

55,485

18,120 20,124 23,170 24,457
15,221 16,851 19,679 20,425
13,426 15,257 17,899 18,541
11,879 c13,151 15,635 16,196
1,547 2,106 2,264 2,345
1,780
1,884
1,795
1,594
908
636
828
1,091
27
22
25
38
443
375
414
437
1,277
1,535
1,424
1,887
578
582
579
589

26,885
22,534
20,639
18,231
2,408
1,895
1,293
29
450
1,988
591

30,226
25,488
23,359
20,635
2,724
2,129
1,375
26
499
2,144
694

37,988
33,002
30,457
25,195
5,262
2,545
1,545
27
524
2,246
643

43,010
37,715
34,598
29,213
5,385
3,117
1,795
30
358
2,456
657

45,135
39,502
36,151
30,527
5,624
3,351
1,908
64
350
2,658
654

49,696
43,628
40,127
33,883
6,244
3,501
2,049
91
386
2,866
676

3,786
3,435
351

4,224
3,812
412

4,604
4,153
451

4,913
4,443
470

5,287
4,810
477

5,789
5,281
508

19
20
21
22
23
24
25
26
27
28
29

8,266
6,525
5,700
5,700
0
825
0
16
275
883
567

8,840 10,197 10,771 11,344 15,615
7,068 8,348 8,853 9,351 13,138
6,226 7,464 7,846 8,330 12,066
7,846 8,330 11,045
6,226 7,464
0
0 1,021
0
0
1,007
1,021 1,072
842
884
320
0
0
0
0
21
20
20
19
21
358
305
326
287
289
1,172
1,052
1,082
972
900
606
541
565
564
569

30
31
32

1,388
1,280
108

1,478
1,341
137

1,580
1,401
179

1,793
1,591
202

1,982
1,729
253

2,177
1,902
275

2,491
2,204
287

2,741
2,433
308

3,061
2,718
343

3,400
3,064
336

5,516
1,294
110
1,124
4,353
9
415

8,448
1,504
150
1,255
4,866
7
517

11,536 13,738
10,170 12,059
29
29
1,337
1,650

Table 3.7A.—Government Purchases of Goods and Services by Type: Annually, 1929-71, and Seasonally Adjusted Quarterly Totals at Annual Rates,
1947-71
[Millions of dollars]
Line
Government purchases
goods and services.

of

1929

1930

1931

1932

1933

1934

1935

1936

1937

1938

1939

1940

1941

1942

1943

1

8,823

9,503

9,455

8,317

8,243

10,018

10,202

12,167

12,041

13,157

13,503

14,157

24,931

59,801

88,853

Federal
Durable goods
Nondurable goods
Services....
Compensation of employees..
National defense
Military
Civilian
Nondefense
Other services
Structures

2
3
4
5
6
7
8
9
10
11
12

1,441
45
136
1,110
869

1,552
62
151
1,136
905

1,613
73
133
1,144
911

1,578
55
107
1,093
870

2,122
98
259
1,429
1,155

3,123
323
378
2,009
1,685

3,013
435
157
1,954
1,757

5,032
354
168
3,864
3,558

4,737
342
367
3,332
3,000

5,480
422
587
3,839
3,492

5,176
446
359
3,869
3,400

6,077
572
705
3,987
3,472

16,947
5,839
867
6,808
5,017

51,984
21,956
6,367
14,693
10,642

81,349
42,783
8,834
24,420
20,897

241
150

231*
203

233
263

223
323

274
336

324
413

197"
467

306
646

332
696

347
632

469
502

515
813

i"79l"
3,433

£051'
8,968

3,523
5,312

State and local
Durable goods
Nondurable goods
Services....
Compensation of employees..
Other services
Structures

13
14
15
16
17
18
19

7,382
304
540
4,183
3,456
727
2,355

7,842
271
642
4,542
3,737
805
2,387

6,739
249
627
4,321
3,565
756
1,542

6,121
205
622
4,244
3,531
713
1,050

6,895
192
755
4,753
3,884
869
1,195

7,189
191
784
5,080
4,178
902
1,134

7,135
185
688
4,520
3,696
824
1,742

7,304
262
701
4,728
3,889
839
1,613

7,677
286
753
5,006
4,121
885
1,632

8,327
321
764
5,085
4,185
900
2,157

8,080
268
806
5,206
4,289
917
1,800

7,984
215
900
5,407
4,388
1,019
1,462

7,817
181
985
5,576
4,473
1,103
1,075

7,504
130
960
5,721
4,663
1,058
693

7,951
257
618
4,427
3,630
797
2,649

Line

1944

1945

1946

1947

1948

1949

1950

1951

1952

1953

1954

1955

1956

1957

1

97,016

82,813

27,548

25,453

31,964

38,392

38,493

60,099

75,582

82,524

75,760

75,006

79,391

87,084

Federal
Durable goods
Nondurable goods
Services....
Compensation of employees..
National defense
Military
Civilian
Nondefense
Other services
Structures

2
3
4
5
6
7
8
9
10
11
12

89,390
45,310
11,061
30,660
27,249

74,625
33,034
7,107
32,954
29,781

17,617
2,185
208
15,022
14,598

12,698
1,310
311
10,672
9,377

16,700
2,740
2,373
10,669
8,910

20,410
4,303
3,195
11,580
9,999

18,724
4,535
486
12,205
10,734

38,322
12,781
2,222
20,466
16,237

3,411
2,359

3473
1,530

424
202

1,2 95
405

1/759
918

1,581
1,332

1^471
1,498

4,229
2,853

52,365
19,683
3,756
24,933
18,909
15,746
10,755
4,991
3,163
6,024
3,993

57,530
19,747
8,203
25,644
18,608
15,616
10,583
5,033
2,992
7,036
3,936

47,933
16,378
5,165
23,162
17,780
14,921
10,223
4,698
2,859
5,382
3,228

44,455
13,715
3,212
25,196
18,357
15,242
10,170
5,072
3,115
6,839
2,332

45,902
15,430
1,887
26,014
18,975
15,570
10,098
5,472
3,405
7,039
2,571

49,964
15,932
2,006
29,092
19,567
15,904
10,244
5,660
3,663
9,525
2,934

State and local
Durable goods
Nondurable goods
Services ....
Compensation of employeesOther services
Structures

13
14
15
16
17
18
19

7,626
127
945
5,975
4,938
1,037
579

8,188
132
954
6,418
5,370
1,048
684

9,931
232
980
7,350
6,195
1,155
1,369

12,755
413
1,183
8,694
7,338
1,356
2,465

15,264
570
1,233
9,960
8,521
1,439
3,501

17,982
602
1,442
11,171
9,442
1,729
4,767

19,769
630
1,674
12,211
10,145
2,066
5,254

21,777
726
1,575
13,214
11,159
2,055
6,262

23,217
788
1,535
14,363
12,252
2,111
6,531

24,994
837
1,523
15,551
13,334
2,217
7,083

27,827
948
1,557
17,059
14,698
2,361
8,263

30,551
1,008
1,821
18,667
15,838
2,829
9,055

33,489
1,183
1,728
20,466
17,620
2,846
10,112

37,120
1,407
1,833
22,693
19,556
3,137
11,187

Government purchases
goods and services.

of

Line

1960

1961

1963

1964

1965

1966

1967

1968

97,586

100,259

108,156

123,661

129,810

138,350

158,666

180,188

198,970

208,755

220,145

Federal
Durable goods..
Nondurable §
Services....
Compensation of employees..
National defense
Military
Civilian
Nondefense
Other services
Structures

53,890
15,657
4,180
30,490
20,862
16,521
10,402
6,119
4,341
9,628
3,563

53,711
13,642
3,886
32,683
21,676
16,839
10,477
6,362
4,837
11,007
3,500

57,370
14,661
3,815
35,060
22,594
17,343
10,635
6,708
5,251
12,466
3,834

63,738
16,931
5,046
37,890
24,064
18,386
11,322
7,064
5,678
13,826
3,871

64,631
15,964
4,506
40,337
25,164
18,901
11,594
7,307
6,263
15,173
3,824

65,218
14,880
4,178
42,482
27,003
20,176
12,511
7,665
6,827
15,479
3,678

67,268
14,665
4,617
44,330
28,298
21,045
13,034
8,011
7,253
16,032
3,656

78,833
18,608
5,244
51,318
32,431
24,584
15,656
8,928
7,847
18,887
3,663

90,924
22,535
8,420
56,967
35,612
27,205
17,419
9,786
8,407
21,355
3,002

98,019
23,303
11,127
60,530
39,273
29,938
19,261
10,677
9,335
21,257
3,059

97,564
21,164
10,128
63,198
41,854
31,849
20,463
11,386
10,005
21,344
3,074

95,737
20,029
5,972
66,593
44,762
33,186
21,132
12,054
11,576
21,831
3,143

State and local
Durable goods
Nondurable goods
Services....
Compensation of employeesOther services
Structures

43,696
1,435
2,669
27,161
23,133
4,028
12,431

46,548
1,600
2,819
29,818
25,470
4,348
12,311

50,786
1,678
3,026
32,713
27,934
4,779
13,369

54,296
1,786
3,079
35,350
30,243
5,107
14,081

59,030
2,003
3,188
38,368
32,857
5,511
15,471

64,592

71,082
2,471
3,739
46,440
39,294
7,146
18,432

79,833
2,760
4,068
52,566
44,115
8,451
20,439

89,264
2,959
4,350
59,474
49,530
9,944
22,481

100,951
3,224
4,930
68,203
55,898
12,305
24,594

111,191
3,563
5,757
76,951
62,601
14,350
24,920

124,408
3,911
6,896
88,519
71,067
17,452
25,082

Government purchases
goods and services.




of

1959

2,261

3,439
42,153
35,873
6,280
16,739

1970

Table 3.7A.—Government Purchases of Goods and Services by Type: Annually, 1929-71, and Seasonally Adjusted Quarterly Totals at Annual Rates,
1947-71—Continued
[Billions of dollars]
1947

1948

I

II

1

24.6

25.4

25.5

Federal
Durable goods
Nondurable goods
Services
Compensation of employees
National defense
Military
Civilian
Nondefense
Other services
Structures

2
3
4
5
6
7
8
9
10
11
12

12.6
1.2
-.4
11.8
10.6

13.1
1.1
.2
11.6
10.0

1.2
.0

State and local
Durable goods
Nondurable goods
Services
Compensation of employees
Other services
Structures

13
14
15
16
17
18
19

12.0
.4
1.1
8.2
7.0
1.3
2.3

Government purchases
goods and services.

of

III

IV

1949

I

II

26.1

27.7

30.7

33.2

12.6
1.6
.6
9.8
8.5

12.6
1.4
.8
9.6
8.4

13.7
2.3
.7
9.8
8.5

15.9
2.7
2.0
10.4
8.6

1.6
.3

1.3
.6

1.1
.8

1.4
.8

12.4
.4
1.2
8.5
7.2
1.3
2.3

12.9
.4
1.2
8.8
7.4
1.4
2.5

13.6
.4
1.2
9.2
7.8
1.4
2.7

14.0
.6
1.2
9.4
8.0
1.4
2.8

III

IV

1950

I

II

36.0

36.7

38.4

39.1

17.6
2.7
3.1
10.8
9.0

19.7
3.3
3.8
11.7
9.5

19.8
3.8
3.4
11.5
9.8

20.7
4.5
3.4
11.6
9.9

1.7
.9

1.7
1.0

2.2
.9

1.6
1.1

14.8
.6
1.2
9.7
8.3
1.4
3.3

15.7
.6
1.2
10.1
8.7
1.5
3.7

16.3
.6
1.3
10.6
9.1
1.5
3.9

1952

III

II

39.2

37.7

36.9

38.0

20.7
4.6
3.0
11.7
10.0

20.5
4.4
3.0
11.5
10.3

18.6
3.8
1.7
11.8
9.9

17.4
3.9
.8
11.2
9.9

1.7
1.2

1.7
1.4

1.3
1.6

1.9
1.4

16.9
.5
1.3
10.8
9.2
1.6
4.2

17.7
.6
1.4
11.0
9.3
1.7
4.7

18.5
.6
1.5
11.3
9.6
1.8
5.0

18.7
.7
1.5
11.5
9.7
1.8
5.0

I

II

II

41.4

49.6

56.7

64.4

69.6

18.0
5.1
-.6
12.1
10.7

20.9
5.4
.1
13.7
12.4

28.7
8.2
1.4
16.9
14.4

35.1
11.0
1.8
19.5
15.9

42.3
14.2
2.6
22.4
17.2

47.2
17.7
3.1
23.1
17.5

1.4
1.5

1.4
1.4

1.3
1.7

2.6
2.1

3.6
2.7

5.2
3.1

5.6
3.4

19.1
.6
1.7
11.9
9.8
2.0
4.9

19.4
.6
1.7
12.1
10.0
2.1
5.1

20.0
.6
1.7
12.4
10.3
2.1
5.3

20.5
.6
1.7
12.6
10.5
2.1
5.6

20.9
.7
1.6
12.8
10.7
2.1
5.8

21.6
.7
1.6
13.0
10.9
2.1
6.3

22.1
.7
1.6
13.4
11.3
2.0
6.5

22.4
.7
1.6
13.7
11.6
2.1
6.4

I

II

I

II

1954

1955

82.6

82.4

83.4

79.5

75.4

74.6

73.4

74.3

74.1

75.4

76.2

77.2

79.3

79.7

81.3

54.3
20.1
4.6
25.4
19.2
16.0
11.0
5.0
3.2
6.2
4.2

54.6
21.0
4.3
25.1
19.0
15.8
10.7
5.0
3.2
6.2
4.2

57.2
19.7
7.2
26.0
18.8
15.7
10.5
5.2
3.1
7.2
4.3

58.1
20.1
7.9
26.1
18.9
15.8
10.6
5.2
3.1
7.2
4.1

57.2
19.6
8.4
25.4
18.6
15.7
10.7
4.9
2.9
6.9
3.8

57.6
19.6
9.4
25.0
18.1
15.3
10.5
4.8
2.9
6.8
3.6

52.8
18.7
7.6
22.9
17.8
15.0
10.3
4.7
2.8
5.0
3.6

48.0
16.6
4.7
23.4
17.8
14.9
10.3
4.7
2.9
5.7
3.3

46.2
15.5
4.5
23.2
17.7
14.9
10.2
4.7
2.8
5.5
3.1

44.8
14.7
3.9
23.1
17.8
14.9
10.1
4.7
2.9
5.4
2.9

44.5
13.9
3.0
25.0
17.8
14.8
10.0
4.8
3.0
7.2
2.6

43.7
13.7
3.1
24.6
18.5
15.4
10.3
5.1
3.1
6.1
2.4

44.7
13.7
2.8
25.9
18.6
15.4
10.2
5.2
3.2
7.4
2.2

44.9
13.6
3.9
25.3
18.6
15.3
10.1
5.2
3.2
6.8
2.1

44.9
14.7
2.9
25.3
18.6
15.3
10.1
5.2
3.3
6.7
2.1

46.2
15.7
2.2
25.8
18.9
15.6
10.2
5.4
3.4
6.9
2.4

45.8
15.7
1.5
25.8
19.2
15.7
10.1
5.6
3.5
6.6
2.8

46.7
15.7
.9
27.2
19.2
15.7
10.0
5.6
3.5
8.0
2.9

23.1
.8
1.4
14.4
12.4
2.0
6.5

23.8
.8
1.5
14.8
12.7
2.1
6.6

24.5
.8
1.6
15.2
13.0
2.2
6.9

24.4
.8
1.5
15.4
13.2
2.1
6.8

25.1
.8
1.6
15.7
13.4
2.3
7.1

25.8
.8
1.5
16.0
13.7
2.2
7.5

26.7
.9
1.5
16.4
14.1
2.3
7.9

27.4
.9
1.5
16.8
14.5
2.3
8.2

28.4
1.0
1.6
17.4
15.0
2.4
8.4

28.7
1.0
1.6
17.7
15.2
2.4
8.4

29.8
1.0
1.8
18.2
15.4
2.8
8.8

30.3
1.0
1.8
18.5
15.7
2.8
9.0

30.7
1.0
1.8
18.7
15.9
2.8
9.1

31.3
1.0
1.8
19.2
16.4
2.8
9.3

32.3
1.2
1.7
19.7
16.9
2.8
9.8

33.1
1.2
1.7
20.1
17.3
2.8
10.1

33.9
1.2
1.7
20.8
17.9
2.9
10.2

34.6
1.2
1.8
21.3
18.4
2.9
10.3

I

II

I

II

III

IV

I

II

III

IV

88.1

91.2

94.2

96.1

50.1
16.0
1.3
29.8
19.8
16.1
10.4
5.7
3.7
9.9
3.0

49.6
16.2
1.7
28.9
19.4
15.8
10.1
5.6
3.6
9.5
2.9

51.6
16.4
2.8
29.1
19.9
15.8
10.1
5.7
4.1
9.2
3.3

53.6
16.7
3.7
29.9
20.3
16.1
10.3
5.8
4.2
9.6
3.3

37.5
1.4
1.9
23.0
19.8
3.2
11.1

38.5
1.5
1.9
23.6
20.3
3.3
11.4

39.5
1.3
2.1
24.4
20.8
3.5
11.7

40.6
1.4
2.2
25.2
21.4
3.7
11.8

75.5

77.5

Federal
Durable goods
Nondurable goods
Services
Compensation of employees
National defense
Military
Civilian
Nondefense
Other services
Structures

2
3
4
5
6
7
8
9
10
11
12

48.3
17.9
2.3
24.5
18.5
15.4
10.5
4.9
3.1
6.0
3.7

52.2
19.7
3.8
24.7
19.0
15.9
10.9
5.0
3.2
5.7
3.9

State and local
Durable goods
Nondurable goods
Services
Compensation of employees
Other services
Structures

13
14
15
16
17
18
19

22.6
.8
1.5
13.9
11.8
2.0
6.5

23.3
.8
1.7
14.4
12.0
2.3
6.5

I

II

1

86.2

86.6

87.5

Federal
Durable goods
Nondurable goods
Services
Compensation of employees
National defense
Military
Civilian
Nondefense
Other services
Structures

2
3
4
5
6
7
8
9
10
11
12

50.3
15.7
3.2
28.5
19.4
15.8
10.2
5.6
3.6
9.1
2.9

49.9
15.9
1.9
29.2
19.6
15.9
10.3
5.6
3.7
9.7
2.9

State and local
Durable goods
Nondurable goods
Services
Compensation of employees
Other services
Structures

13
14
15
16
17
18
19

35.9
1.4
1.7
21.8
18.8
3.0
11.0

36.7
1.4
1.8
22.4
19.3
3.1
11.2

1957

Government purchases
goods and services.

of




1956

81.7

70.9

of

IV

78.3

1

Government purchases
goods and services.

IV

III

II

II

III

IV

I

I

IV

III

I

L/ine
III

1951

I

1953

IV

1958
III

IV

III

IV

1959
III

IV

III

IV

1960
III

IV

III

IV

1961

I

II

98.7

97.8

98.0

97.5

97.0

97.3

99.3

101.8

102.7

105.0

106.8

108.4

112.3

54.4
16.9
4.0
30.0
21.0
16.6
10.6
6.1
4.4
8.9
3.6

55.9
17.1
4.7
30.1
21.0
16.7
10.6
6.1
4.4
9.1
3.9

54.3
16.0
4.4
30.1
20.8
16.5
10.5
6.1
4.3
9.2
3.9

54.3
15.7
4.6
30.3
20.9
16.5
10.4
6.1
4.3
9.5
3.8

53.7
15.7
4.0
30.5
20.9
16.5
10.4
6.1
4.4
9.7
3.5

53.3
15.3
3.8
31.0
20.9
16.5
10.4
6.1
4.4
10.2
3.1

52.3
14.1
3.6
31.5
21.1
16.5
10.4
6.0
4.6
10.4
3.2

53.1
13.5
4.0
32.3
21.5
16.7
10.4
6.3
4.8
10.7
3.3

54.6
13.5
4.2
33.2
22.0
17.0
10.5
6.5
5.0
11.2
3.7

54.8
13.5
3.7
33.7
22.1
17.1
10.6
6.6
5.0
11.7
3.8

55.3
13.9
3.3
34.0
22.1
17.0
10.5
6.5
5.1
11.9
4.0

56.9
14.5
4.1
34.6
22.3
17.1
10.4
6.6
5.2
12.3
3.8

57.7
14.8
4.0
35.2
22.6
17.2
10.4
6.8
5.3
12.6
3.6

59.6
15.4
3.9
36.4
23.4
18.1
11.2
6.9
5.4
13.0
3.9

41.7
1.4
2.3
25.6
21.8
3.8
12.4

42.7
1.5
2.4
26.2
22.2
3.9
12.8

43.6
1.4
2.6
26.5
22.6
3.9
13.0

43.7
1.4
2.6
26.9
22.9
4.0
12.8

43.8
1.4
2.7
27.3
23.3
4.1
12.3

43.7
1.5
2.7
27.9
23.7
4.2
11.6

44.9
1.6
2.7
28.8
24.6
4.2
11.8

46.2
1.6
2.8
29.7
25.2
4.5
12.2

47.2
1.6
2.8
30.1
25.8
4.3
12.6

47.9
1.6
2.9
30.7
26.3
4.3
12.7

49.7
1.6
3.0
31.6
27.0
4.6
13.5

49.9
1.7
3.0
32.5
27.6
4.9
12.7

50.8
1.7
3.1
32.9
28.3
4.6
13.1

52.7
1.7
3.1
33.8
28.9
4.9
14.2

Table 3.7A.—Government Purchases of Goods and Services by Type: Annually, 1929-71, and Seasonally Adjusted Quarterly Totals at Annual Rates,
1947-71—Continued
[Billions of dollars]
1962

1963

1964

Line
I
Government purchases
goods and services.

of

II

III

IV

I

II

III

IV

I

1965

II

III

IV

I

1966

II

III

IV

I

II

III

IV

1

116.1

116.8

118.8

120.4

122.1

121.3

124.3

127.0

128.3

130.0

130.0

130.9

131.6

135.6

140.1

146.1

150.0

155.3

162.0

167.3

Federal
Durable goods
Nondurable goods
Services
Compensation of employees
National defense
Military
Civilian
Nondefense
Other services
Structures-

2
3
4
5
6
7
8
9
10
11
12

63.0
16.8
4.8
37.5
24.0
18.4
11.6
6.9
5.5
13.6
3.9

63.0
17.0
4.4
37.5
24.0
18.4
11.5
6.9
5.6
13.5
4.0

64.1
17.1
5.4
38.0
24.0
18.3
11.2
7.1
5.7
14.0
3.7

64.8
16.8
5.6
38.5
24.3
18.4
7.4
5.9
14.2
3.9

64.9
16.1
5.6
39.4
24.7
18.5
11.3
7.2
6.2
14.7
3.8

63.3
16.1
3.2
40.0
24.9
18.7
11.3
7.3
6.3
15.1
3.9

64.5
15.6
4.0
40.5
25.1
18.8
11.4
7.4
6.3
15.4
4.4

65.9
16.0
5.2
41.4
25.9
19.6
12.3
7.3
6.3
15.5
3.2

65.9
15.6
4.7
41.9
26.4
19.8
12.4
7.4
6.6
15.5
3.7

65.8
15.3
4.4
42.5
26.7
20.0
12.4
7.5
6.7
15.8
3.6

64.7
14.7
3.8
42.5
27.4
20.4
12.6
7.9
7.0
15.2
3.7

64.5
14.0
3.8
43.0
27.5
20.5
12.7
7.9
7.0
15.5
3.8

63.9
13.7
4.1
42.6
27.3
20.3
12.6
7.7
7.0
15.3
3.5

65.8
14.5
4.4
43.2
27.5
20.4
12.5
7.9
7.1
15.7
3.7

67.6
14.5
4.8
44.6
28.4
21.0
13.0
8.1
7.3
16.2
3.7

71.8
16.0
5.2
47.0
30.0
22.4
14.1
8.4
7.5
17.0
3.7

73.6
16.4
5.1
48.3
30.9
23.3
14.7
8.6
7.5
17.4
3.9

76.8
17.8
5.4
49.8
31.7
24.0
15.2
8.8
7.7
18.1
3.7

81.5
19.8
4.9
53.2
33.3
25.2
16.1
9.1
8.0
20.0
3.6

83.5
20.4
5.6
54.0
34.0
25.9
16.7
9.2
8.1
20.0
3.4

State and local
Durable goods
Nondurable goods
Services
Compensation of employees
Other services
Structures

13
14
15
16
17
18
19

53.1
1.8
3.0
34.5
29.5
5.0
13.8

53.8
1.8
3.1
35.1
30.0
5.1
13.9

54.7
1.8
3.1
35.6
30.4
5.1
14.2

55.6
1.8
3.1
36.3
31.1
5.2
14.4

57.2
1.9
3.1
37.1
31.9
5.3
15.0

58.0
2.0
3.2
37.9
32.5
5.4
15.0

59.8
2.0
3.2
38.7
33.1
5.6
15.8

61.2
2.1
3.2
39.7
33.9
5.8
16.1

62.4
2.2
3.3
40.8
34.8
6.0
16.2

64.2
2.2
3.4
41.7
35.5
6.1
16.9

65.3
2.3
3.5
42.6
36.2
6.4
17.0

66.4
2.4
3.5
43.6
37.0
6.6
16.9

67.7
2.4
3.6
44.6
37.8
6.8
17.1

69.8
2.4
3.7
45.7
38.7
7.0
18.0

72.6
2.5
3.8
47.1
39.8
7.3
19.1

74.3
2.6
3.9
48.3
40.8
7.5
19.5

76.4
2.6
4.0
50.0
42.1
7.9
19.8

78.5
2.7
4.0
51.7
43.3
8.4
20.1

80.5
2.8
4.1
53.3
44.8
8.6
20.3

83.9
2.9
4.1
55.2
46.3
9.0
21.6

I

II

III

IV

I

II

III

IV

I

II

III

IV

I

II

III

IV

I

II

III

IV

11.0

1968

1967
Line

Government purchases of
goods and services.

1969

1970

1971

1

174.9

177.3

182.0

186.5

192.4

198.6

201.0

204.0

204.5

207.4

210.7

212.4

216.4

217.7

221.1

225.3

229.7

232.4

236.4

240.9

Federal
Durable goods
Nondurable goods
Services
Compensation of employees
National defense
Military
Civilian
Nondefense
Other services
Structures-

2
3
4
5
6
7
8
9
10
11
12

88.6
22.5
7.8
55.2
34.6
26.5
17.0
9.5
8.1
20.6
3.1

89.4
22.3
8.5
55.8
35.0
26.7
17.1
9.6
8.3
20.8
2.8

92.1
22.9
8.8
57.3
35.6
27.1
17.3
9.8
8.5
21.7
3.1

93.7
22.4
8.6
59.5
37.2
28.5
18.3
10.2
8.7
22.3
3.1

96.0
23.6
9.9
59.3
37.8
28.8
18.6
10.3
9.0
21.5
3.2

98.8
23.8
12.4
59.6
38.7
29.5
19.0
10.5
9.2
20.9
2.9

98.6
22.6
11.4
61.7
40.4
30.9
20.0
10.9
9.5
21.3
3.0

98.6
23.1
10.8
61.4
40.1
30.5
19.5

97.0
21.4
10.8
61.7
40.1
30.5
19.5

97.2
21.1
10.8
62.0
40.4
30.7
19.8

9.6
21.3
3.2

9.7
21.6
3.1

9.7
21.5
3.2

98.3
20.8
9.9
64.5
43.5
33.3
21.5
11.7
10.3
21.0
3.0

97.8
21.4
9.0
64.5
43.3
32.9
21.1
11.9
10.4
21.2
2.9

98.0
20.8
7.8
66.4
45.0
33.6
21.7
11.9
11.4
21.5
2.9

95.8
19.5
6.3
66.8
44.9
33.3
21.3
12.0
11.6
21.9
3.1

94.2
19.8
4.6
66.5
44.7
33.1
21.0
12.1
11.6
21.8
3.2

95.0
19.9
5.1
66.6
44.4
32.8
20.6
12.2
11.7
22.2
3.4

95.8
18.1
5.5
68.5
46.6
33.9
21.4
12.5
12.7
21.9
3.7

95.0
16.7
5.0
69.3
46.6
33.7
21.0
12.7
12.9
22.8
3.9

96.6
15.9
7.1
69.4
46.5
33.5
20.6
12.8
13.1
22.9
4.2

97.4
16.0
7.2
70.0
47.4
34.2
21.3
12.9
13.2
22.7
4.2

State and local
Durable goods
Nondurable goods
Services
Compensation of employees
Other services
Structures

13
14
15
16
17
18
19

86.3
2.9
4.2
56.6
47.4
9.2
22.6

88.0
3.0
4.3
58.3
48.7
9.6
22.5

89.9
3.0
4.4
60.5
50.3
10.2
22.0

92.9
3.0
4.5
62.5
51.7
10.8
22.8

96.4
3.1
4.7
65.0
53.5
11.4
23.6

99.7
3.2
4.8
67.0
55.1
11.9
24.7

102.3
3.3
5.0
69.2
56.7
12.5
24.8

105.4
3.4
5.2
71.6
58.3
13.3
25.2

107.5
3.4
5.4
73.3
59.7
13.6
25.3

110.3
3.5
5.6
75.5
61.5
14.0
25.6

112.4
3.6
5.9
78.0
63.6
14.5
24.9

114.6
3.7
6.1
80.9
65.5
15.4
23.9

118.4
3.8
6.5
84.1
68.0
16.2
24.0

122.0
3.8
6.7
87.1
70.2
17.0
24.3

126.9
4.0
7.0
90.0
72.2
17.8
26.0

130.3
4.0
7.4
92.8
73.9
18.9
26.0

133.9
4.1
7.8
96.1
76.5
19.7
25.9

137.4
4.2
8.0
98.9
78.4
20.5
26.3

139.9
4.3
8.3
101.5
80.4
21.1
25.8

143.4
4.4
8.5
103.9
81.8
22.1
26.7

11.0

11.0

11.0

Table 3.7B.—Government Purchases of Goods and Services by Type: Annually and Seasonally Adjusted Quarterly Totals at Annual Rates, 1972-76
[Millions of dollars]
Line

1973

1972

1974

1975

1976

253,100

270,435

304,070

339,892

362,100

2
Federal
3
National defense
4
Durable goods
5
Nondurable goods
6
Services
Compensation of employees- 7
8
Military
9
Civilian
10
Other services
11
Structures

101,679
73,136
14,966
4,806
51,360
35,668
22,311
13,357
15,692
2,004

101,968
72,837
14,122
4,210
52,123
36,272
22,544
13,728
15,851
2,382

110,993
77,046
14,325
5,438
54,976
37,688
22,982
14,706
17,288
2,307

122,708
82,971
17,642
5,315
57,534
39,757
23,600
16,157
17,777
2,480

129,174
85,964
18,623
4,656
60,387
40,940
23,987
16,953
19,447
2,298

12
Nondefense
13
Durable goods
14
Nondurable goods
15
Services
Compensation of employees... 16
17
Other services
18
Structures

28,543
1,028
1,204
23,755
14,386
9,369
2,556

29,131
714
-495
26,067
15,656
10,411
2,845

33,947
692
938
29,033
17,215
11,818
3,284

39,737
930
2,257
32,498
19,225
13,273
4,052

43,210
1,110
3,506
34,252
21,438
12,814
4,342

19
20
21
22
23
24
25

151,421
4,802
8,877
111,408
87,732
23,676
26,334

168,467
5,480
9,922
124,703
97,697
27,006
28,362

193,077
6,495
12,398
140,345
107,290
33,055
33,839

217,184
7,222
15,106
160,195
120,624
39,571
34,661

232,926
7,625
16,889
176,152
132,250
43,902
32,260

Government purchases of
goods and services.

State and local
Durable goods
Nondurable goods
Services
Compensation of employees
Other services
Structures




1

Table 3.7B.—Government Purchases of Goods and Services by Type: Annually and Seasonally Adjusted Quarterly Totals at Annual Rates, 1972-76—
Continued
[Billions of dollars]
1973

1972
Line
I

III

IV

264.9

266.3

268.9

281.6

100.8
72.5
15.2
4.3
51.1
36.9
23.1
13.9
14.2
1.9

103.0
73.4
15.1
4.8
51.3
36.3
22.8
13.5
15.0
2.2

100.4
73.0
14.3
4.9
51.6
35.9
22.3
13.6
15.7
2.3

98.8
71.3
13.0
3.2
52.6
35.8
22.1
13.7
16.7
2.5

28.6
1.1
.8
24.2
14.4
9.8
2.5

28.3
.8
.2
24.7
14.9
9.8
2.6

29.6
.8
.0
25.8
15.4
10.4
2.9

27.3
.7
-2.6
26.4
15.5

152.5
4.9
8.9
112.9
89.0
23.9
25.8

157.5
5.0
9.1
115.9
91.3
24.6
27.5

161.9
5.2
9.3
119.3
93.9
25.4
28.1

m

IV

249.7

251.5

252.9

258.3

2
Federal
3
National defense
4
Durable goods
5
Nondurable goods
6
Services
Compensation of employees... 7
8
Military
9
Civilian
10
Other services
11
Structures

102.7
74.3
14.5
4.9
52.9
35.7
22.7
13.0
17.2
2.0

102.8
74.0
14.8
5.0
52.1
35.0
21.8
13.2
17.1
2.0

100.4
71.8
15.4
5.0
49.4
35.1
21.7
13.4
14.3
2.1

12
Nondefense
13
Durable goods
14
Nondurable goods
15
Services
Compensation of employees... 16
17
Other services
18
Structures

28.4
1.1
2.1
22.7
14.0
8.6
2.6

28.9
1.1
1.7
23.4
14.2
9.2
2.6

19
20
21
22
23
24
25

147.0
4.6
8.7
107.1
84.2
22.8
26.7

148.7
4.7
8.8
109.8
86.4
23.3
25.4

Government purchases of
goods and services.

State and local
Durable goods
Nondurable goods
Services
Compensation of employees
Other services
Structures

1

I

1975

1974

II

II

III

IV

357.0

358.1

362.8

370.4

127.9
86.0
19.2
5.3
58.8
40.8
24.0
16.8
18.0
2.6

126.7
84.8
18.6
4.8
58.9
40.7
23.9
16.8
18.2
2.5

126.3
83.7
17.9
4.1
59.5
40.6
23.8
16.8
19.0
2.2

129.5
86.3
18.6
4.7
60.8
40.4
23.7
16.7
20.3
2.2

134.3
89.1
19.4
5.0
62.4
42.1
24.6
17.5
20.3
2.3

40.0
1.0
2.2
32.6
19.3
13.4
4.2

41.9
1.1
2.3
34.3
20.3
14.0
4.2

41.9
1.2
2.9
33.4
20.7
12.7
4.3

42.7
.9
3.6
33.7
21.1
12.7
4.4

43.2
.8
3.6
34.4
21.4
13.1
4.4

45.2
1.5
3.9
35.4
22.6
12.8
4.3

220.3
7.3
15.4
162.7
122.7
40.0
34.8

226.4
7.4
15.9
167.0
125.2
41.8
36.1

230.4
7.5
16.3
170.7
128.3
42.5
35.9

231.8
7.6
16.7
174.4
131.1
43.3
33.1

233.4
7.7
17.1
177.9
133.6
44.3
30.7

236.2
7.7
17.5
181.6
136.1
45.5
29.3

III

IV

327.7

333.6

344.0

354.3

117.8
81.0
15.6
5.9
57.3
39.3
23.8
15.6
17.9
2.3

119.2
81.3
16.4
5.8
56.8
39.5
23.7
15.8
17.3
2.3

120.1
81.0
16.7
5.1
56.8
39.3
23.4
15.9
17.5
2.3

123.7
83.7
18.2
5.0
57.8
39.4
23.2
16.2
18.4
2.7

35.5
.8
2.2
29.3
17.2
12.0
3.2

36.8
.9
1.3
31.0
18.0
13.0
3.6

37.9
.8
2.1
31.1
18.5
12.6
3.9

39.2
.8
2.5
32.0
18.9
13.1
3.9

196.6
6.6
12.7
142.3
108.5
33.8
34.9

201.9
6.8
13.5
146.9
111.5
35.4
34.7

208.5
7.0
14.2
152.6
115.2
37.4
34.7

213.5
7.2
14.9
158.4
119.4
39.1
33.0

III

IV

286.8

300.6

309.2

319.7

105.8
73.6
14.2
3.9
53.0
37.1
22.9
14.2
15.9
2.5

103.9
73.9
13.6
4.6
53.4
37.0
22.8
14.2
16.5
2.3

109.6
76.1
13.8
5.7
54.2
37.1
22.7
14.4
17.1
2.4

112.7
77.1
14.3
5.5
55.0
37.4
22.6
14.7
17.7
2.3

2.8

27.5
.8
-1.9
25.8
15.6
10.2
2.8

32.2
.6
2.6
26.2
16.1
10.0
2.8

30.1
.5
-1.1
27.7
16.7
10.9
3.0

33.4
.5
1.3
28.2
16.9
11.3
3.4

165.9
5.4
9.6
123.1
96.7
26.4
27.9

170.2
5.6
10.1
126.4
99.0
27.3
28.1

175.9
5.8
10.6
130.0
101.1
28.9
29.4

182.8
6.1
11.4
133.9
103.4
30.5
31.4

191.0
6.4
12.0
138.3
105.8
32.5
34.3

11.0

1976
II

II

II

I

I

I

Table 3.8A.—Government Purchases of Goods and Services by Type in Constant Dollars: Annually, 1929-71, and Seasonally Adjusted Quarterly
Totals at Annual Rates, 1947-71
[Billions of 1972 dollars]
Line
Government puchases of goods 1
and services.

1930

1929

1931

1933

1932

1934

1935

1936

1937

1938

1939

1940

1941

1942

1943

41.0

44.8

46.3

44.3

42.9

48.4

49.6

57.9

55.8

60.7

63.0

65.3

97.8

191.6

271.3

Federal
Durable goods
Nondurable goods
Services
Compensation of employees
National defense
Military
Civilian
Nondefense
Other services
Structures...

2
3
4
5
6
7
8
9
10
11
12

7.0
.1
.3
6.0
5.2

8.0
.2
.3
6.6
5.7

8.2
.3
.3
6.4
5.4

8.6

.3
6.2
5.1

10.9
.4
.9
8.0
6.6

14.3
1.1
1.0
10.6
9.1

14.2
1.1
.4
10.9
10.0

22.6
1.0
.3
18.7
17.3

20.5
1.0
.8
16.0
14.7

23.6
1.3
1.9
18.0
16.7

22.8
1.1
1.0
18.7
16.9

26.7
1.4
1.5
20.6
18.6

61.0
10.8
.7
36.3
29.6

157.4
45.9
10.7
70.9
56.7

239.6
93.0
12.7
117.6
105.0

.8
.6

.9
.8

1.0
1.2

1.1
1.8

1.4
1.7

1.5
1.6

.9
1.8

1.3
2.6

1.3
2.6

1.4
2.3

1.8
1.9

2.0
3.2

6.8
13.2

14.1
29.9

12.6
16.3

State and local
Durable goods
Nondurable goods
Services
Compensation of employees
Other services
Structures

13
14
15
16
17
18
19

33.9
.8
1.2
23.3
21.0
2.3
8.6

36.8
.7
1.4
24.4
21.7
2.7
10.3

38.1
.8
1.7
25.3
22.3
3.0
10.3

35.7
.8
1.9
25.0
22.0
2.9
8.1

32.0
.6
1.8
24.9
22.1
2.8
4.6

34.0
.6
2.0
26.8
23.6
3.2
4.6

35.4
.6
1.9
28.2
24.9
3.3
4.6

35.3
.6
1.7
26.3
23.2
3.0
6.7

35.3
.7
1.6
27.0
23.9
3.1
6.0

37.1
.8
1.9
28.2
24.9
3.3
6.2

40.3
.9
2.0
28.7
25.2
3.4
8.7

38.6
.8
2.1
28.9
25.4
3.5
6.8

36.8
.6
2.1
29.2
25.6
3.6
5.0

34.3
.4
2.1
28.6
25.2
3.5
3.1

31.7
.3
2.0
27.5
24.5
3.1
1.9

Line

1944

1945

1946

.2

1947

1948

1949

1950

1951

1952

1953

1954

1955

1956

1957

1958

1

300.4

265.4

93.1

75.7

84.7

96.8

98.1

133.7

159.8

170.1

156.0

152.3

153.5

161.2

169.8

Federal
Durable goods
Nondurable goods
Services
Compensation of employees
National defense
Military
Civilian
Nondefense
Other services
Structures

2
3
4
5
6
7
8
9
10
11
12

269.7
107.6
16.9
137.6
125.2

233.7
84.9
10.5
133.5
121.8

58.2
4.9
.1
52.9
49.7

36.3
2.5
.4
32.6
29.8

42.8
4.8
3.3
32.9
29.2

49.2
7.3
4.7
34.6
31.3

47.3
7.5
.9
35.8
32.7

82.2
20.6
2.2
54.2
46.2

107.2
32.1
5.6
62.4
51.6

114.7
34.0
12.0
61.8
49.6

96.1
27.2
6.6
56.4
47.2

88.2
22.4
3.9
57.6
45.9

86.8
23.1
2.1
57.4
45.6

90.6
22.7
1.9
61.3
45.8

93.4
23.5
5.0
59.4
44.5

12.4
7.6

11.7
4.8

3.2
.3

2.8
.8

3.8
1.8

3.3
2.6

3.1
3.1

8.0
5.3

10.8
7.1

12.2
7.0

9.2
5.9

ii.7
4.3

11.8
4.3

15.5
4.6

14.8
5.6

State and local
Durable goods
Nondurable goods
Services
Compensation of employees
Other services
Structures

13
14
15
16
17
18
19

30.7
.3
1.9
26.8
23.9
2.9
1.6

31.7
.3
1.9
27.5
24.6
2.9
2.0

34.9
.5
1.7
29.2
26.2
3.0
3.5

39.4
.8
1.8
31.5
28.2
3.3
5.4

41.9
1.0
1.7
32.3
29.0
3.3
6.9

47.5
1.0
2.1
34.8
31.0
3.8
9.6

50.8
1.0
2.4
36.4
32.0
4.4

51.5
1.1
2.1
37.0
32.8
4.2
11.4

52.7
1.1
2.0
38.0
33.9
4.1
11.4

55.3
1.2
2.0
39.6
35.4
4.2
12.5

59.9
1.3
2.1
41.3
36.9
4.4
15.1

64.1
1.3
2.4
43.8
38.6
5.2
16.6

66.7
1.5
2.2
46.1
41.0
5.1
16.9

70.6
1.8
2.3
48.6
43.3
5.4
17.8

76.4
1.8
2.8
52.0
45.8
6.2
19.7

Government puchases of goods
and services.




11.0

Table 3.8A.—Government Purchases of Goods and Services by Type in Constant Dollars: Annually, 1929-71, and Seasonally Adjusted Quarterly
Totals at Annual Rates, 1947-71—Continued
[Billions of 1972 dollars]
Line
Government puchases of
and services.

goods

1959

1960

1961

1962

1963

1964

1965

1966

1967

1968

1970

1969

1971

1

170.6

172.8

182.9

193.2

197.6

202.6

209.8

229.7

248.5

260.2

257.4

251.1

250.1

Federal
Durable goods
Nondurable goods
Services....
Compensation of employees
National defense
Military
Civilian
Nondefense
Other services
Structures

2
3
4
5
6
7
8
9
10
11
12

91.4
21.1
4.9
59.8
44.5
35.3
22.4
13.0
9.2
15.3
5.7

90.4
18.0
4.6
62.2
45.2
35.3
22.3
13.0
9.9
17.0
5.6

95.3
19.6
4.6
65.1
46.2
36.0
23.0
13.0
10.2
19.0
6.1

102.8
21.9
6.5
68.3
48.3
37.6
24.3
13.3
10.7
20.1
6.1

101.8
20.2
5.5
70.1
48.2
36.9
23.7
13.2
11.3
21.9
6.0

100.2
18.9
5.4
70.2
48.5
36,9
23.9
13.0
11.6
21.7
5.7

100.3
18.4
5.7
70.7
48.7
36.9
23.9
13.1
11.8
21.9
5.5

112.6
23.1
6.2
78.0
53.0
40.7
26.7
14.0
12.3
25.0
5.3

125.1
27.1
9.5
84.3
57.2
44.3
29.2
15.0
12.9
27.1
4.2

128.1
27.1
13.0
84.0
58.0
44.8
29.7
15.1
13.2
25.9
4.1

121.8
23.7
11.3
82.8
58.2
44.9
29.7
15.2
13.3
24.6
3.8

110.6
21.3
6.4
79.3
55.2
41.7
27.6
14.1
13.5
24.1
3.6

103.7
16.9
6.5
76.1
52.5
38.5
24.9
13.7
14.0
23.6
4.3

State and local
Durable goods
Nondurable goods
Services
Compensation of employees
Other services
Structures

13
14
15
16
17
18
19

79.2
1.9
3.4
53.9
47.7
6.2
20.0

82.4
2.1
3.6
56.6
50.1
6.5
20.1

87.5
2.2
3.8
59.8
52.7
7.1
21.7

90.4
2.3
3.8
61.8
54.3
7.5
22.5

95.8
2.6
3.9
65.0
57.0
8.0
24.3

102.4
2.9
4.2
69.3
60.4
9.0
26.0

109.5
3.1
4.6
73.9
64.0
9.9
27.8

117.1
3.4
4.9
79.2
67.9
11.3
29.6

123.4
3.6
5.1
83.3
70.5
12.8
31.4

132.1
3.7
5.7
89.6
74.4
15.2
33.0

135.6
4.0
6.3
94.2
77.4
16.7
31.2

140.5
4.2
7.3
100.0
80.9
19.1
28.9

146.4
4.4
8.4
105.8
84.2
21.6
27.8

1947

1948

1949

1950

1951

Line
III

I

II

1

74.7

76.0

76.4

Federal
Durable goods
Nondurable goods
Services
Compensation of employees
National defense
Military
Civilian
Nondefense
Other services
Structures

2
3
4
5
6
7
8
9
10
11
12

36.6
2.3
-.9
35.4
32.7

37.1
2.0
.6
33.9
30.4

2.7
-.2

State and local
Durable goods
Nondurable goods
Services
Compensation of employees
Other services
Structures

13
14
15
16
17
18
19

IV

III

II

75.6

76.5

83.1

87.0

36.6
3.0
.9
31.5
28.8

35.1
2.6
1.2
29.8
27.5

36.0
4.1
-.3
30.5
27.5

41.7
4.8
2.7
32.3
28.5

3.5
.5

2.8
1.2

2.3
1.6

3.0
1.7

38.1
.7
1.8
30.6
27.5
3.1
5.0

39.0
.7
1.8
31.3
28.0
3.3
5.2

39.8
.8
1.8
31.8
28.5
3.3
5.4

40.5
.8
1.8
32.2
28.8
3.4
5.7

I

Government puchases of goods
and services.

I

II

I

II

91.6

93.0

96.8

99.0

44.9
4.7
4.8
33.5
29.9

48.4
5.6
5.8
35.4
30.8

48.2
6.3
4.6
35.3
31.9

49.9
7.5
4.9
35.3
31.7

3.9
1.8

3.6
1.9

4.6
1.7

3.5
2.0

40.5
1.0
1.6
32.0
28.7
3.2
5.8

41.4
1.0
1.7
32.1
28.8
3.4
6.7

42.1
.9
1.7
32.3
29.0
3.3
7.2

43.1
.9
1.8
32.8
29.4
3.4
7.7

III

IV

I

II

III

IV

1952

IV

III

IV

I

II

98.1

98.6

96.2

95.5

102.0

115.7

50.3
7.9
4.4
35.0
31.3

48.6
7.6
4.9
32.9
30.2

48.1
6.5
4.7
34.0
30.1

45.4
6.7
1.7
33.8
31.0

44.5
8.3
-1.7
34.9
32.1

51.0
8.4
-1.0
40.2
37.7

3.6
2.2

3.6
3.0

2.7
3.2

3.9
2.9

2.8
3.1

2.9
3.0

44.8
.9
2.0
33.7
30.0
3.6
8.3

46.9
1.0
2.1
34.4
30.7
3.7
9.4

48.7
1.1
2.2
35.2
31.4
3.8
10.2

49.5
1.1
2.3
35.8
31.8
4.0
10.3

50.4
1.1
2.5
36.3
31.9
4.4
10.6

50.8
1.0
2.5
36.4
32.0
4.4
10.9

50.9
1.0
2.4
36.4
32.0
4.4
11.1

I

II

III

IV

I

II

1953

1954

Liine

III

IV

I

III

IV

128.5

141.2

149.2

65.0
13.1
1.0
46.8
42.1

77.0
17.7
1.5
52.7
46.0

89.5
22.9
3.0
58.0
48.1

97.4
28.6
3.5
59.1
48.5

2.6
3.4

4.7
4.1

6.7
5.1

9.9
5.6

10.6
6.2

51.0
.9
2.3
36.5
32.1
4.4
11.3

50.7
1.1
2.1
36.6
32.4
4.3
10.9

51.5
1.1
2.1
36.8
32.6
4.2
11.5

51.8
1.1
2.1
37.1
32.9
4.2
11.5

51.8
1.1
2.0
37.4
33.3
4.1
11.3

I

II

II

1955

1956
III

IV

III

IV

1

152.9

159.4

163.7

163.3

167.7

170.2

170.0

172.0

162.6

155.6

153.8

151.7

152.7

150.9

153.5

152.0

152.1

154.0

152.9

154.8

Federal
Durable goods
Nondurable goods
Services
Compensation of employees
National defense
Military
Civilian
Nondefense
Other services
Structures

2
3
4
5
6
7
8
9
10
11
12

100.7
29.3
3.0
61.6
50.5

106.3
32.1
5.2
62.1
51.8

111.6
32.8
7.9
63.5
52.5

110.0
34.2
6.1
62.3
51.6

113.5
33.0
9.8
63.0
50.5

115.9
34.4
11.9
62.5
50.0

114.4
34.3
11.9
61.5
49.6

115.1
34.1
14.3
60.1
48.3

103.9
31.2
10.0
56.1
47.5

96.5
27.7
6.1
56.9
47.1

93.3
25.7
5.4
56.6
47.2

90.8
24.2
5.1
56.1
47.0

89.5
23.2
2.7
58.8
46.4

86.8
22.6
3.7
56.0
45.8

89.2
22.5
4.3
58.4
45.8

87.2
21.3
4.9
57.3
45.8

86.6
22.8
3.5
56.6
45.4

87.6
23.7
2.8
57.0
45.5

85.9
23.3
1.1
56.8
45.8

87.2
22.5
.9
59.1
45.8

11.1
6.8

10.3
7.0

11.0
7.4

10.7
7.4

12.6
7.6

12.5
7.2

ii.9
6.7

11.8
6.5

8.7
6.6

9.7
6.0

9.4
5.7

9.0
5.4

12.4
4.8

10.2
4.5

12.7
4.0

11.5
3.7

11.2
3.6

11.6
4.1

11.0
4.7

13.2
4.7

State and local
Durable goods
Nondurable goods
Services
Compensation of employees
Other services
Structures

13
14
15
16
17
18
19

52.2
1.1
1.9
37.5
33.5
4.1
11.6

53.1
1.1
2.3
38.2
33.7
4.5
11.4

52.1
1.1
1.9
37.9
34.0
3.9
11.1

53.2
1.2
2.0
38.4
34.4
4.0
11.7

54.3
1.2
2.1
39.0
34.7
4.3
12.0

54.3
1.2
2.0
39.2
35.1
4.1
12.0

55.6
1.2
2.1
39.9
35.6
4.3
12.4

56.9
1.2
2.0
40.2
36.0
4.2
13.6

58.7
1.3
2.0
40.7
36.4
4.3
14.7

59.0
1.3
2.0
41.0
36.7
4.3
14.7

60.6
1.4
2.2
41.7
37.1
4.6
15.4

60.9
1.4
2.2
42.1
37.5
4.5
15.4

63.3
1.3
2.4
43.0
37.8
5.2
16.5

64.1
1.3
2.4
43.5
38.2
5.2
16.9

64.3
1.3
2.4
44.1
38.9
5.2
16.5

64.8
1.3
2.4
44.7
39.5
5.1
16.5

65.5
1.4
2.2
44.9
39.9
5.1
16.9

66.5
1.5
2.2
45.8
40.8
5.0
17.0

66.9
1.5
2.2
46.5
41.5
5.0
16.7

67.6
1.5
2.3
47.2
42.1
5.1
16.7

Government puchases of goods
and services.




Table 3.8A.—Government Purchases of Goods and Services by Type in Constant Dollars: Annually, 1929-71, and Seasonally Adjusted Quarterly
Totals at Annual Rates, 1947-71—Continued
[Billions of 1972 dollars]
1957

1958

Line
I

II

III

IV

I

1959

II

III

IV

I

1960

II

III

IV

I

1961

II

III

IV

I

II

III

IV

1

160.1

161.1

161.6

162.0

165.0

168.7

171.0

174.7

171.6

171.3

170.2

169.3

169.2

172.4

174.4

175.4

179.4

181.0

182.7

188.4

Federal
Durable goods
Nondurable goods
Services....
Compensation of employees
National defense
Military
Civilian
Nondefense
Other services
Structures

2
3
4
5
6
7
8
9
10
11
12

91.0
22.5
3.2
60.6
45.9

91.3
22.8
2.2
61.9
46.2

90.7
22.8
.7
62.5
46.4

89.5
22.8
1.9
60.2
44.9

90.9
23.1
3.5
59.0
44.1

93.2
23.3
4.5
60.0
44.5

93.9
23.6
5.3
59.3
44.8

96.0
23.9
6.5
59.4
44.6

14.7
4.6

15.7
4.5

16.1
4.7

15.4
4.6

14.9
5.2

15.5
5.3

14.4
5.6

14.8
6.2

92.3
21.6
5.2
59.5
44.6
35.5
22.6
12.9
9.1
14.9
6.1

92.0
21.2
5.3
59.6
44.5
35.3
22.4
13.0
9.2
15.1
5.9

90.8
21.1
4.5
59.7
44.4
35.2
22.3
13.0
9.2
15.3
5.6

90.3
20.4
4.5
60.4
44.4
35.2
22.2
13.0
9.2
16.0
5.0

88.9
18.6
4.2
61.0
44.7
35.0
22.2
12.8
9.7
16.3
5.1

90.4
17.8
4.7
62.5
45.8
35.6
22.2
13.5
10.2
16.7
5.3

91.1
17.7
5.0
62.5
45.2
35.3
22.3
13.0
9.9
17.3
5.9

91.3
17.9
4.3
62.9
45.1
35.3
22.4
12.9
9.8
17.8
6.2

92.6
18.6
4.0
63.5
45.2
35.3
22.6
12.7
9.9
18.3
6.5

94.6
19.4
4.8
64.2
45.5
35.4
22.5
12.9
10.1
18.7
6.1

95.4
19.8
4.7
65.4
46.2
35.9
22.7
13.2
10.3
19.2
5.5

98.7
20.5
4.7
67.4
47.8
37.5
24.3
13.2
10.3
19.6
6.1

State and local
Durable goods
Nondurable goods
Services....
Compensation of employees
Other services
Structures

13
14
15
16
17
18
19

69.2
1.7
2.2
47.5
42.4
5.2
17.8

69.8
1.8
2.2
48.1
42.9
5.3
17.6

70.8
1.8
2.3
49.0
43.5
5.5
17.6

72.5
1.9
2.4
49.8
44.3
5.6
18.3

74.2
1.8
2.7
50.5
44.6
5.9
19.2

75.6
1.8
2.8
51.7
45.5
6.3
19.2

77.2
1.8
2.9
52.5
46.2
6.3
19.9

78.7
1.8
3.0
53.4
46.9
6.4
20.6

79.3
1.9
3.4
53.2
47.1
6.1
20.7

79.3
1.9
3.4
53.5
47.4
6.1
20.4

79.4
1.9
3.5
54.1
47.9
6.2
19.9

79.0
2.0
3.5
54.7
48.4
6.3
18.9

80.3
2.1
3.6
55.5
49.0
6.4
19.2

82.0
2.1
3.6
56.5
49.7
6.7
19.9

83.3
2.1
3.6
56.9
50.5
6.5
20.6

84.1
2.2
3.6
57.6
51.1
6.5
20.7

86.8
2.2
3.6
59.0
52.1
6.9
22.0

86.4
2.2
3.8
59.8
52.4
7.3
20.6

87.3
2.2
3.8
59.9
53.0
6.9
21.4

89.7
2.2
3.8
60.6
53.3
7.3
23.0

I

II

I

II

I

II

I

II

I

II

Government puchases of goods
and services.

1963

1962
Line
III

IV

1964
III

IV

1965
III

IV

1966
HI

IV

III

IV

1

191.3

191.8

194.6

195.0

195.8

195.1

199.3

200.2

201.7

203.4

202.3

203.1

202.3

207.2

211.8

217.7

221.2

224.8

234.0

238.7

Federal
Durable goods
Nondurable goods
Services...
Compensation of employees
National defense
Military
Civilian
Nondefense
Other services
Structures

2
3
4
5
6
7
8
9
10
11
12

102.2
22.1
5.7
68.3
48.5
38.0
24.9
13.0
10.5
19.8
6.2

102.1
22.2
5.3
68.2
48.5
37.9
24.6
13.3
10.7
19.7
6.4

103.7
22.0
7.2
68.7
48.3
37.5
24.0
13.5
10.9
20.4
5.8

103.2
21.3
7.6
68.2
47.7
36.9
23.5
13.4
10.8
20.5
6.1

102.2
20.3
6.7
69.2
47.8
36.6
23.5
13.1
11.2
21.4
6.0

100.6
20.3
4.1
70.1
48.3
36.9
23.7
13.2
11.3
21.8
6.1

102.3
19.8
4.9
70.2
48.5
37.1
23.8
13.3
11.4
22.3
6.9

102.0
20.4
6.4
70.2
48.2
36.9
23.7
13.2
11.3
22.0
5.0

101.8
19.8
6.0
70.3
48.1
36.7
23.8
12.9
11.4
22.2
5.7

101.3
19.5
5.7
70.5
48.4
36.8
23.8
13.0
11.6
22.1
5.6

99.1
18.6
4.8
69.9
48.8
37.1
24.0
13.1
11.7
21.2
5.7

98.6
17.7
4.9
70.1
48.6
37.0
23.9
13.1
11.7
21.5
5.8

96.8
17.3
4.9
69.2
48.1
36.5
23.7
12.9
11.6
21.1
5.4

99.0
18.2
5.5
69.8
48.3
36.5
23.6
13.0
11.7
21.5
5.6

100.5
18.2
5.9
70.9
48.8
36.9
23.7
13.2
11.9
22.1
5.5

104.7
19.9
6.5
72.7
49.8
37.8
24.6
13.2
12.0
22.9
5.6

106.5
20.5
6.1
74.2
50.8
38.9
25.4
13.5
11.9
23.4
5.8

108.8
22.2
5.0
76.1
52.0
39.9
26.1
13.8
12.1
24.1
5.5

116.8
24.5
6.9
80.2
53.8
41.3
27.0
14.3
12.5
26.4
5.2

118.3
25.0
6.9
81.5
55.3
42.6
28.2
14.4
12.7
26.2
4.9

State and local
Durable goods
Nondurable goods
Services...
Compensation of employees
Other services
Structures

13
14
15
16
17
18
19

89.1
2.3
3.7
60.7
53.3
7.4
22.3

89.7
2.3
3.8
61.4
53.9
7.5
22.2

90.9
2.3
3.8
62.2
54.6
7.6
22.6

91.8
2.4
3.8
62.8
55.2
7.6
22.8

93.6
2.5
3.8
63.6
55.9
7.7
23.7

94.4
2.6
3.8
64.4
56.5
7.9
23.6

96.9
2.6
3.9
65.6
57.5
8.1
24.8

98.2
2.7
3.9
66.4
58.1
8.3
25.1

99.9
2.8
4.1
67.8
59.2
8.6
25.2

102.1
2.8
4.2
68.7
60.0
8.7
26.3

103.3
2.9
4.3
69.7
60.6
9.1
26.4

104.6
3.0
4.4
71.0
61.7
9.4
26.1

105.5
3.0
4.5
71.8
62.2
9.5
26.2

108.2
3.1
4.6
73.2
63.5
9.8
27.3

111.3
3.2
4.7
74.8
64.7
10.1
28.7

113.0
3.2
4.7
76.0
65.6
10.3
29.2

114.7
3.3
4.8
77.2
66.4
10.8
29.4

116.0
3.4
4.9
78.6
67.3
11.3
29.2

117.2
3.5
4.8
79.7
68.3
11.4
29.2

120.4
3.6
4.9
81.3
69.5
11.8
30.7

I

II

I

II

I

II

III

IV

III

IV

III

IV

Government puchases of goods
and services.

1967

1968

1970

1969

Line
III

IV

III

IV

I

II

1971
I

II

1

244.2

247.0

250.6

252.2

256.5

260.9

262.2

261.1

258.6

259.2

256.8

255.0

252.7

249.6

250.9

251.0

250.0

248.3

250.6

251.5

Federal
Durable goods
Nondurable goods
Services
Compensation of employees
National defense
Military
Civilian
Nondefense
Other services
Structures

2
3
4
5
6
7
8
9
10
11
12

122.5
27.3
7.2
83.7
56.9
44.3
29.5
14.8
12.7
26.7
4.4

124.6
27.0
10.2
83.5
56.9
44.0
29.0
15.0
12.9
26.5
3.9

127.1
27.3
10.6
84.9
57.5
44.4
29.1
15.3
13.1
27.4
4.3

126.3
26.8
10.1
85.1
57.3
44.3
29.2
15.1
13.0
27.8
4.3

127.8
27.8
11.4
84.3
57.7
44.5
29.5
15.0
13.2
26.6
4.3

129.5
27.8
13.6
84.1
58.4
45.1
29.9
15.2
13.3
25.7
3.9

128.8
26.1
14.4
84.3
58.5
45.2
30.0
15.2
13.3
25.8
4.0

126.5
26.5
12.6
83.2
57.6
44.5
29.5
15.0
13.1
25.6
4.2

123.6
24.4
12.0
83.2
57.8
44.5
29.4
15.1
13.3
25.4
4.0

123.5
23.9
12.3
83.1
58.2
44.9
29.8
15.2
13.3
24.9
4.1

120.8
23.2
11.3
82.6
58.6
45.3
30.0
15.2
13.4
24.0
3.8

119.1
23.6
9.7
82.3
58.2
44.8
29.6
15.2
13.3
24.1
3.5

115.1
22.6
8.4
80.7
56.4
42.8
28.7
14.1
13.6
24.3
3.5

110.9
20.9
6.6
79.8
55.5
41.9
27.8
14.1
13.6
24.3
3.6

108.8
21.0
5.6
78.6
54.8
41.3
27.3
14.0
13.5
23.8
3.6

107.5
20.7
5.0
78.0
54.1
40.6
26.6
14.0
13.5
23.9
3.8

105.6
18.5
5.9
77.2
53.6
39.6
25.9
13.7
14.0
23.6
4.0

102.6
16.9
4.8
76.7
52.8
38.8
25.1
13.7
14.0
23.9
4.2

104.1
16.0
7.7
75.8
52.2
38.2
24.5
13.7
14.0
23.7
4.5

102.7
16.0
7.6
74.7
51.5
37.6
23.9
13.7
14.0
23.1
4.4

State and local
Durable goods
Nondurable goods
Services
Compensation of employees
Other services
Structures

13
14
15
16
17
18
19

121.7
3.5
4.9
81.2
69.3
12.0
32.0

122.4
3.6
5.0
82.3
69.9
12.4
31.6

123.5
3.6
5.1
84.1
71.0
13.1
30.7

125.9
3.6
5.3
85.6
71.9
13.7
31.4

128.7
3.6
5.4
87.5
73.1
14.4
32.1

131.4
3.7
5.5
88.8
74.0
14.9
33.4

133.4
3.8
5.7
90.4
74.8
15.6
33.5

134.6
3.8
5.9
91.6
75.6
16.1
33.2

135.0
3.9
6.0
92.5
76.3
16.2
32.6

135.7
4.0
6.2
93.4
77.0
16.4
32.2

136.0
4.0
6.4
94.6
77.8
16.8
30.9

135.9
4.0
6.7
96.2
78.7
17.4
29.0

137.6
4.1
7.0
97.7
79.6
18.1
28.7

138.7
4.1
7.1
99.1
80.5
18.7
28.3

142.1
4.2
7.5
100.8
81.3
19.4
29.6

143.4
4.2
7.8
102.4
82.2
20.2
29.0

144.4
4.2
8.1
103.7
83.0
20.7
28.3

145.7
4.3
8.3
105.0
83.7
21.3
28.2

146.5
4.4
8.4
106.4
84.6
21.8
27.3

148.8
4.5
8.6
108.2
85.6
22.6
27.6

Government puchases of goods
and services.




Table 3.8B.—Government Purchases of Goods and Services by Type in Constant Dollars: Annually and Seasonally Adjusted Quarterly Totals at
Annual Rates, 1972-76
[Billions of 1972 dollars]
1973

1972

Line

1976

1975

1974

1

253.1

253.5

261.2

266.7

266.8

Federal
National defense
Durable goods
Nondurable goods
Services ,,..
Compensation of employees
Military
Civilian
Other services
Structures..

2
3
4
5
6
7
8
9
10
11

101.7
73.1
15.0
4.8
51.4
35.7
22.3
13.4
15.7
2.0

95.9
68.3
13.7
3.7
48.8
33.8
21.1
12.7
15.0
2.1

96.6
66.9
13.7
3.2
48.2
33.3
20.3
13.0
14.9
1.8

97.4
66.4
15.4
2.8
46.5
32.9
19.9
13.0
13.6
1.8

96.8
64.9
15.0
2.3
46.1
32.3
19.4
12.9
13.8
1.6

Nondefense...
Durable goods
Nondurable goods
Services
Compensation of employees
Other services
Structures-

12
13
14
15
16
17
18

28.5
1.0
1.2
23.8
14.4
9.4
2.6

27.6
.8
-.2
24.3
14.5
9.8
2.7

29.7
.7
.9
25.4
15.2
10.2
2.7

31.0
.7
1.4
25.9
15.5
10.5
2.9

31.8
.9
2.2
25.8
16.3
9.5
3.0

State and local
Durable goods
Nondurable goods
Services
Compensation of employees
Other services
Structures

19
20
21
22
23
24
25

151.4
4.8
8.9
111.4
87.7
23.7
26.3

157.6
5.3
9.2
116.6
90.8
25.8
26.4

164.5
5.7
9.9
122.5
93.8
28.7
26.4

169.3
5.7
10.9
127.9
96.5
31.4
24.7

170.0
5.7
11.7
130.1
97.8
32.3
22.5

Government purchases of goods
and services.

I

II

III

IV

I

II

1975

1974

1973

1972
Line

III

IV

I

II

III

IV

I

II

1976
III

IV
269.8

II

III

IV

268.5

266.4

266.0

266.2

I

1

254.5

253.2

252.6

252.1

254.6

251.2

251.4

256.6

258.1

261.6

262.0

263.0

264.3

264.4

268.1

Federal
National defense
Durable goods
Nondurable goods
Services
Compensation of employees
Military
Civilian
Other services
Structures

2
3
4
5
6
7
8
9
10
11

104.3
75.4
14.7
5.0
53.6
36.3
22.9
13.3
17.3
2.1

103.3
74.4
14.8
5.0
52.5
35.4
22.0
13.4
17.1
2.1

101.0
72.3
15.5
5.0
49.8
35.4
22.1
13.4
14.4
2.1

98.1
70.5
14.9
4.2
49.6
35.6
22.2
13.3
14.0
1.8

98.9
70.4
14.8
4.5
49.0
34.5
21.7
12.8
14.5
2.0

94.9
69.1
14.0
4.3
48.7
33.8
21.1
12.7
14.9
2.1

93.5
66.7
12.5
2.8
49.2
33.4
20.8
12.6
15.8
2.2

96.3
67.2
13.7
3.2
48.2
33.4
20.6
12.7
14.8
2.1

95.3
66.6
13.3
3.1
48.4
33.4
20.5
12.9
15.0
1.8

96.9
67.3
13.4
3.4
48.6
33.3
20.4
13.0
15.2
1.9

96.8
66.4
13.5
3.2
47.9
33.2
20.1
13.1
14.7
1.8

97.5
67.3
14.5
3.1
47.9
33.4
20.2
13.1
14.5
1.8

96.8
66.4
14.8
3.1
46.7
33.2
20.1
13.1
13.5
1.7

96.5
65.7
14.8
2.8
46.5
32.9
20.0
13.0
13.5
1.7

98.1
67.1
15.6
2.6
46.9
32.8
19.8
13.0
14.1
1.9

98.2
96.5
66.5
65.0
16.2
15.2
2.7
2.3
45.8
45.6
32.7 • -82.5
19.7
19.5
13.0
13.0
13.2
13.1
1.8
1.8

96.3
63.9
14.5
2.0
45.9
32.3
19.4
12.9
13.6
1.5

96.8
65.3
15.0
2.2
46.5
32.2
19.3
12.8
14.4
1.5

97.4
65.6
15.3
2.5
46.2
32.1
19.3
12.8
14.1
1.6

Nondefense
Durable goods
Nondurable goods
Services
Compensation of employees
Other services
Structures

12
13
14
15
16
17
18

29.0
1.1
2.0
23.2
14.4
8.9
2.6

28.9
1.1
1.5
23.7
14.4
9.2
2.6

28.7
1.1
1.0
24.2
14.4
9.8
2.4

27.6
.9
.3
24.0
14.4
9.6
2.5

28.6
.9
.4
24.5
14.6
10.0
2.8

25.8
.8
-2.5
24.9
14.5
10.4
2.7

26.8
.9
-.8
24.1
14.4
9.8
2.6

29.1
.7
2.2
23.7
14.5
9.2
2.6

28.7
.7
.4
25.1
15.2
9.9
2.6

29.5
.6
1.0
25.0
15.2
9.8
2.9

30.4
.8
1.6
25.5
15.3
10.2
2.6

30.2
.7
.6
26.1
15.2
2.8

30.5
.7
1.4
25.6
15.3
10.3
2.9

30.8
.6
1.5
25.9
15.4
10.4
2.8

31.1
.7
1.4
25.9
15.5
10.4
3.0

31.6
.8
1.4
26.4
15.7
10.7
3.0

31.6
.9
1.9
25.7
16.0
9.7
3.0

32.5
.7
3.0
25.7
16.2
9.5
3.0

31.5
.7
1.9
26.0
16.4
9.6
3.0

31.8
1.1
1.9
25.9
16.5
9.3
2.9

State and local
Durable goods
Nondurable goods
Services
Compensation of employees
Other services
Structures

19
20
21
22
23
24
25

150.2
4.6
8.8
109.6
86.4
23.2
27.1

150.0
4.7
8.9
110.7
87.3
23.4
25.6

151.6
4.9
8.9
112.1
88.2
23.9
25.7

154.0
5.0
9.0
113.2
89.0
24.2
26.9

155.7
5.1
9.0
114.5
89.7
24.8
27.1

156.3
5.2
9.0
115.8
90.4
25.4
26.3

157.9
5.4
9.2
117.3
91.2
26.1
26.0

160.3
5.6
9.5
118.9
92.1
26.9
26.3

162.7
5.7
9.7
120.5
92.7
27.8
26.8

164.7
5.8
9.8
122.0
93.4
28.5
27.2

165.1
5.7
9.9
123.2
94.1
29.0
26.4

165.5
5.6
10.1
124.4
94.9
29.5
25.4

167.5
5.6
10.5
126.4
95.7
30.7
25.0

167.9
5.7
10.9
127.7
96.4
31.3
23.6

169.9
5.7
11.1
128.4
96.8
31.6
24.8

171.7
5.7
11.3
129.1
97.1
32.0
25.6

172.0
5.7
11.5
129.5
97.3
32.2
25.3

170.1
5.7
11.6
129.7
97.5
32.2
23.1

169.2
5.7
11.8
130.3
97.9
32.4
21.4

168.8
5.7
12.0
130.9
98.4
32.6
20.2

Government purchases of goods
and services.




11.0

Table 3.9.—National Defense Purchases: Annually, 1972-76
[Millions of dollars]
Line
National defense purchases
Durable goods
Military equipment
Aircraft
Missiles
Ships
Vehicles
Electronics equipment
Other
Other durable goods
Nondurable goods
Bulk petroleum products
Ammunition
Clothing and textiles
Other nondurable goods
Services
Compensation of employees
Military
Civilian
Other services
Contractual research and development.
Travel
Transportation
Communications
Depot maintenance
Other
Structures
Military facilities
Other

1974

1973

1972

1976

1975

73,136

72,837

77,046

82,971

85,964

14,966

14,122

14,325

17,642

18,623

3
4
5
6
7
8
9
10

12,439
5,847
1,927
1,780
652
967
1,266
2,527

11,864
4,867
2,362
1,584
497
958
1,596
2,258

12,524
4,604
2,938
2,132
508
905
1,437
1,801

13,652
5,562
2,596
2,213
511
995
1,775
3,990

14,347
5,945
2,160
2,481
733
1,145
1,883
4,276

11

4,806

4,210

5,438

5,315

4,656

12
13
14
15

1,846
2,062
280
618

1,630
1,727
291
562

2,878
1,422
368
770

2,901
1,064
411
939

2,721
676
477
782

1
2

16

51,360

52,123

54,976

57,534

60,387

17
18
19
20
21

35,668
22,311
13,357
15,692
5,768

36,272
22,544
13,728
15,851
6,077

37,688
22,982
14,706
17,288
6,381

39,757
23,600
16,157
17,777
6,294

40,940
23,987
16,953
19,447
6,765

22
23
24
25
26

905
1,681
556
1,268
5,514

955
1,385
590
1,252
5,592

1,156
1,636
617
1,226
6,272

1,050
1,627
588
1,187
7,031

1,099
1,785
596
1,349
7,853

27

2,004

2,382

2,307

2,480

2,298

28
29

970
1,034

1,192
1,190

1,253
1,054

1,693
787

1,559
739

Table 3.10.—National Defense Purchases in Constant Dollars: Annually, 1972-76
[Billions of 1972 dollars]
Line
National defense purchases..
Durable goods...
Military equipment
Aircraft
Missiles
Ships
Vehicles
Electronics equipment..
Other
Other durable goods
Nondurable goods..
Bulk petroleum products..
Ammunition
Clothing and textiles
Other nondurable goods....
Services..

1976

1975

1974

1973

1972

1

73.1

68.3

66.9

66.4

64.9

2

15.0

13.7

13.7

15.4

15.0

3
4
5
6
7
8
9
10

12.4
5.8
1.9
1.8
.7
1.0
1.3
2.5

11.6
4.8
2.4
1.5
.5
.9
1.5
2.1

12.1
4.7
3.1
1.7
.5
.9
1.3
1.6

12.0
5.2
2.5
1.6
.4
.9
1.5
3.3

11.6
5.1
1.9
1.7
.5
1.0
1.5
3.4

11

4.8

3.7

3.2

2.8

2.3

12
13
14
15

1.8
2.1
.3
.6

1.4
1.6
.3
.5

1.1
1.2
.3
.6

1.0
.8
.3
.7

.9
.4
.4
.6

16

51.4

48.8

48.2

46.5

46.1
32.3
19.4
12.9
13.8
4.9

Military facilities..
Other




17
18
19
20
21

35.7
22.3
13.4
15.7
5.8

33.8
21.1
12.7
15.0
5.8

33.3
20.3
13.0
14.9
5.7

22
23
24
25
26

.9
1.7
.6
1.3
5.5

.9
1.3
.6
1.2
5.1

1.1
1.3
.6
1.1
5.1

.9
1.2
.6
.9
5.1

.9
1.2
.6
1.0
5.3

27

Compensation of employees
Military
Civilian
Other services
Contractual research and development.
Travel
Transportation
Communications
Depot maintenance
Other

32.9
19.9
13.0
13.6
4.9

2.0

2.1

1.8

1.8

1.6

28
29

1.0
1.0

1.0
1.1

1.0
.9

1.2
.6

1.1
.5

Table 3.11.—Government Transfer Payments to Persons: Annually, 1929-76
[Millons of dollars]
Line

1930

1929

1932

1931

1933

1934

1935

1937

1936

1938

1939

1940

Benefits from social insurance funds
Old-age, survivors, and disability insurance
Hospital and supplementary medical insurance
Unemployment insurance
State
Railroad
Railroad retirement
Federal civilian employees retirement
Civil service
Other 1
Veterans life insurance
Workmen's compensation

1

919

1,009

2,075

1,443

1,466

1,562

1,817

2,938

1,864

2,418

2,526

2,700

2

Government transfer payments to persons
Federal

701

745

1,726

941

707

609

645

2,076

841

1,209

1,254

1,438

3
4
5
6
7
8
9

44

51

60

72

82

94

93

95

142

606
10

696
14

835
35

2
2

393
393

435
429

534
518

6

16

40
63
62
1
36

98
65
64
1
40

110
68
67
1
69

118
73
72
1
75

60
458
399

64
448
412

70
451
423

36

28

63

18
18

22
22

27
27

32
32

42
42

52
52

57
57

26

29

33

40

40

42

36

1
60
59
1
34

38
508
415

40
544
438

41
1,513
517

42
709
539

40
483
425

44
375
347

49
409
380

54
1,821
391

57
524
390

10
11
12
13
14
15

Military retirement
Veterans benefits
Pension and disability
Readjustment
Unemployment..
Other 2

16
17
18
19
20
21

93

106

996

170

58

28

29

1,430

134

59"

Food stamp benefits
Black lung benefits
Special unemployment benefits
Supplemental security income
Direct relief
Earned income credit
Other 3

22
23
24
25
26
27
28

2

20

36

23

22

111

110

112

118

102

96

92

86

82

62

24

19

29

218

264

349

502

759

953

1,172

862

1,023

1,209

1,272

1,262

Benefits from social insurance funds
Government pensions
Temporary disability insurance
Workmen s compensation

30
31
32
33

72
72

78
78

86
86

95
95

110
110

119
119

127
127

137
137

144
144

151
151

157
157

163
163

Direct relief
General assistance
Other direct relief
Aid to families with dependent children
Other categorical public assistance 4

34
35
36
37
38

71

105

176

317

558
486
72
72

745
665
80
80

954
839
115
115

635
417
218
218

787
390
397
397

965
456
509
509

1,024
458
566
566

1,013
383
630
630

39

75

81

87

90

91

89

91

90

92

93

91

86

State and local

Other

5

Line
Government transfer payments to personsFederal
Benefits from social insurance funds
Old-age, survivors, and disability insurance
Hospital and supplementary medical insuranceUnemployment insurance
State
Federal employees
Railroad

1943

1942

1941

1944

1946

1945

1949

1948

1947

1950

1951

1952

2,621

2,651

2,461

3,083

5,638

10,848

11,150

10,627

11,722

14,404

11,644

1,379

1,422

1,241

1,842

4,315

9,125

8,830

7,632

8,740

10,829

8,525

12,103
8,761

707
88

747
130

538
165

655
209

1,322
273

2,361
378

2,137
463

2,240
552

3,506
664

6,123
954

4,385
1,872

4,839
2,177

358
344

350
344

81
80

63
62

448
446

1,133
1,095

829
775

850
790

1,865
1,730

1,457
1,367

884
837

1,068
992

14

6

1

1.

2

38

54

60

135

90

47

76

124
78
77
1
59

128
83
81
2
56

132
93
91
2
67

137
130
128
2
116

146
183
180
3
272

161
348
345
3
328
13

198
281
278
3
352
14

251
220
216
4
353
14

288
242
237
5
433
14

307
273
267
6
3,109
23

318
288
283
5
990
33

442
328
322
6
785
39

62
441
422

52
437
427

56
443
437

10

6

78
2,675
940
33
110
1,592

125
6,509
1,580
1,313
1,467
2,149

166
6,230
2,042
1,843
762
1,583

226
4,828
2,110
1,864
420
434

298
4,596
2,147
1,898
382
169

329
4,018
2,192
1,676
32
118

343
3,502
2,126
1,220
2
154

359
3,342
2,239
649

19

61
831
589
1
4
237

137

108

9

32

78

195

295

240

130

297

338

340

359

295

221

1,242

1,229

1,220

1,241

1,323

1,723

2,320

2,995

2,982

3,575

3,119

3,342

Benefits from social insurance funds..
Government pensions
Temporary disability insurance
Workmen s compensation

175
175

194
194

213
210
3

223
218
5

240
235
5

343
255
5
83

392
275
22
95

431
300
26
105

470
325
31
114

552
385
38
129

658
475
36
147

750
545
43
162

Direct relief
General assistance
Other direct relief
Aid to families with dependent childrenOther categorical public assistance 4

985
267
718
718

956
178
778
778

929
111
818
818

939
89
850
850

986
86
900
900

1,177
120
1,057
1,057

1,478
164
1,314
295
1,019

1,727
198
1,529
364
1,165

2,169
280
1,889
475
1,414

2,345
290
2,055
551
1,504

2,267
192
2,075
552
1,523

2,297
168
2,129
539
1,590

82

79

78

79

97

203

450

837

343

678

194

295

Railroad retirement
Federal civilian employees retirement
Civil service...
Other 1
Veterans life insurance
Workmen's compensation
Military retirement
Veterans benefits.
Pension and disability
Readjustment —
Unemployment.
Other 2
Food stamp benefits
Black lung benefits
Special unemployment benefits
Supplemental security income
Direct relief
Earned income credit
Other 3
State and local-




454

Table 3.11.—Government Transfer Payments to Persons: Annually, 1929-76—Continued
[Millons of dollars]
Line

1954

1953

1955

1956

1957

1958

1959

1960

1962

1961

1963

1964

Benefits from social insurance funds
Old-age, survivors, and disability insurance
Hospital and supplementary medical insurance
Unemployment insurance
State
Federal employees
Railroad

1

12,900

15,104

16,236

17,310

20,081

24,341

25,209

26,966

30,782

31,626

33,433

34,775

2

Government transfer payments to persons
Federal

9,448

11,512

12,421

13,373

15,734

19,550

20,117

21,562

24,980

25,587

27,025

27,875

3
4
5
6
7
8
9

5,655
2,979

7,524
3,633

8,110
4,915

9,004
5,652

11,251
7,321

14,813
8,478

15,334
10,175

16,733
11,130

19,879
12,614

20,310
14,298

21,422
15,245

21,877
16,018

1,046
954

2,221
2,015

1,520
1,373
27
120

1,899
1,724
31
144

4,146
3,796
68
282

2,754
2,408
57
289

2,996
2,727
55
214

4,295
3,981
59
255

3,104
2,868
53
183

2,971
2,763
60
148

2,688
2,506
58
124

92

206

1,516
1,341
28
147

10
11
12
13
14
15

469
396
389
7
722
43

529
412
405
7
685
44

566
453
445
8
612
48

624
554
545
9
602
52

688
647
637
10
640
56

737
737
726
11
652
63

833
853
842
11
655
64

949
938
926
12
660
60

994
1,009
995
14
905
62

1,040
1,115
1,098
17
687
66

1,070
1,261
1,242
19
806
69

1,097
1,381
1,361
20
621
72

Military retirement
Veterans benefits
Pension and disability
Readjustment
Unemployment
Others-

16
17
18
19
20
21

388
3,215
2,400
459

420
3,446
2,514
504
103
325

466
3,733
2,706
648
82
297

519
3,737
2,764
726
55
192

556
3,801
2,921
708
49
123

622
3,934
3,145
624
98
67

686
3,873
3,282
479
99
13

757
3,828
3,442
301
83
2

864
3,933
3,647
179
106
1

969
3,919
3,743
97
78
1

1,120
4,016
3,871
54
90
1

1,331
4,075
3,954
32
88
1

Food stamp benefits
Black lung benefits
Special unemployment benefits
Supplemental security income
Direct relief
Earned income credit...
Other 3

22
23
24
25
26
27
28

7

14

26

28

190

122

112

113

126

181

224

244

297

375

441

564

29

3,452

3,592

3,815

3,937

4,347

4,791

5,092

5,404

5,802

6,039

6,408

6,900

Benefits from social insurance funds
Government pensions
Temporary disability insurance
Workmen s compensation

30
31
32
33

843
620
49
174

938
690
60
188

1,022
760
63
199

1,161
872
74
215

1,307
995
84
228

1,462
1,105
104
253

1,603
1,219
113
271

1,804
1,372
138
294

1,990
1,510
160
320

2,164
1,631
185
348

2,375
1,779
229
367

2,633
2,000
249
384

Direct relief
General assistance
Other direct relief
Aid to families with dependent children
Other categorical public assistance 4

34
35
36
37
38

2,357
150
2,207
545
1,662

2,433
195
2,238
573
1,665

2,495
212
2,283
613
1,670

2,563
196
2,367
633
1,734

2,766
210
2,556
714
1,842

3,045
302
2,743
836
1,907

3,199
344
2,855
934
1,921

3,260
322
2,938
991
1,947

3,408
356
3,052
1,146
1,906

3,512
293
3,219
1,288
1,931

3,648
279
3,369
1,356
2,013

3,824
273
3,551
1,500
2,051

39

252

221

298

213

274

284

290

340

404

363

385

443

Railroad retirement
Federal civilian employees retirement
Civil service
Other 1
Veterans life insurance
Workmen's compensation

State and local

Other

5

Line

356

1965

1967

1966

1968

1969

1970

1971

1972

1973

1974

1975

1976

1

37,602

41,627

49,458

56,447

62,762

76,069

89,991

99,820

113,997

135,418

170,872

186,353

2

30,285

33,480

40,080

45,955

50,561

61,334

72,679

80,515

93,275

114,539

146,269

158,761

3
4
5
6
7
8
9

23,728
18,067
2^299
2,149
49
101

26,506
19,786
1,008
1,875
1,756
41
78

31,881
21,122
4,341
2,191
2,074
42
75

36,917
24,598
5,628
2,139
2,008
50
81

40,113
26,382
6,536
2,241
2,100
47
94

48,144
31,380
7,075
3,985
3,811
79
95

56,734
36,617
7,834
5,811
5,582
109
120

62,526
40,948
8,607
5,669
5,454
128
87

73,408
50,665
9,712
4,370
4,188
124
58

87,167
57,607
12,536
6,774
6,570
152
52

110,671
65,895
15,531
16,955
16,548
270
137

121,539
74,501
18,366
14,809
14,280
310
219

10
11
12
13
14
15

1,140
1,516
1,493
23
632
74

1,202
1,876
1,850
26
677
82

1,308
2,067
2,038
29
759
93

1,471
2,264
2,231
33
713
104

1,541
2,553
2,513
40
739
121

1,745
3,024
2,975
49
788
147

1,995
3,504
3,445
59
797
176

2,154
4,145
4,078
67
800
203

2,566
5,041
4,963
78
817
237

2,797
6,290
6,193
97
854
309

3,265
7,724
7,604
120
886
415

3,550
8,860
8,723
137
936
517

Military retirement
Veterans benefits
Pension and disability
Readjustment
Unemployment
Other2

16
17
18
19
20
21

1,507
4,259
4,184
9
66

1,721
4,159
4,038
83
38

1,987
4,799
4,446
307
46

2,288
5,159
4,592
499
68

2,661
5,884
5,090
708
86

3,162
6,788
5,433
1,154
201

3,673
7,889
5,884
1,656
349

4,161
8,868
6,312
2,192
364

4,695
9,484
6,461
2,823
200

5,657
10,709
7,107
3,355
247

6,824
13,416
7,795
5,100
521

7,696
13,399
8,452
4,345
602

Food stamp benefits
Black lung benefits
Special unemployment benefits
Supplemental security income
Direct relief
Earned income credit
Other 3

22
23
24
25
26
27
28

45

84

139

198

264

1,103
110

1,698
379

1,980
554

2,209
1,057

3,433
957
3,959

4,597
957
664
4,437

4,598
981
975
4,631

746

lioio

1,274

1^393

£639

£027

£306

2^426

2^422

£657

4/703

908
4,034

Government transfer payments to persons
Federal
Benefits from social insurance funds
Old-age, survivors, and disability insurance
Hospital and supplementary medical insurance
Unemployment insurance
State
Federal employees
Railroad
Railroad retirement
Federal civilian employees retirement
Civil service
Other 1
Veterans life insurance
Workmen's compensation

29

7,317

8,147

9,378

10,492

12,201

14,735

17,312

19,305

20,722

20,879

24,603

27,592

Benefits from social insurance funds
Government pensions
Temporary disability insurance
Workmen s compensation

30
31
32
33

2,800
2,137
261
402

3,197
2,497
267
433

3,631
2,877
285
469

3,842
3,031
317
494

4,402
3,516
357
529

4,975
4,037
398
540

5,647
4,662
399
586

6,618
5,511
417
690

7,540
6,294
463
783

8,451
7,080
495
876

9,665
8,182
517
966

11,292
9,581
511
1,200

Direct relief
General assistance
Other direct relief
Aid to families with dependent children
Other categorical public assistance 4

34
35
36
37
38

4,007
259
3,748
1,650
2,098

4,319
264
4,055
1,854
2,201

4,942
326
4,616
2,256
2,360

5,664
421
5,243
2,824
2,419

6,644
472
6,172
3,538
2,634

8,407
618
7,789
4,826
2,963

10,128
761
9,367
6,177
3,190

11,028
740
10,288
6,882
3,406

11,356
689
10,667
7,182
3,485

10,102
825
9,277
7,895
1,382

11,919
1,138
10,781
9,232
1,549

12,840
1,229
11,611
10,053
1,558

39

510

631

805

986

1,155

1,353

1,537

1,659

1,826

2,326

3,019

3,460

State and local

Other

5

1

Consists largely of foreign service and Tennessee Valley Authority.
Consists of mustering out pay, terminal leave pay, and adjusted compensation benefits.
Consists largely of payments to nonprofit institutions and aid to students.
assistance,
blind,
to
programs were replaced by the Federal Supplementary Security
Digitized for Prior to 1974, consists of old-age 1974 consistsaid to the benefitsand aid the the permanently and totally disabled. In 1974, these 25.
IncomeFRASER
(SSI) program. Beginning with
of State
under
SSI program. Federal SSI benefits are shown in line
5
Consists largely
http://fraser.stlouisfed.org/ of educational assistance, medical insurance premiums paid on behalf of indigents, veterans bonuses, other types of veterans aid, and foster care payments.
2
3
4

Federal Reserve Bank of St. Louis

Table 3.12.—Subsidies Less Current Surplus of Government Enterprises: Annually, 1960-76
[Millions of dollars]
Line
Subsidies less current surplus of government enterprises.

1962

1963

1964

1965

1966

1967

1968

1970

1969

1971

1972

1973

1974

1975

1976

Subsidies
Agricultural
Housing
Maritime
Air carriers
Other 1
Less: Current surplus of government enterprises.
Postal Service
Commodity Credit Corporation.
Federal Housing Administration.
Tennessee Valley Authority.
Other 2
State and local
Subsidies
Less: Current surplus of government enterprises.
Water and sewerage
Gas and electricity
Toll facilities
Liquor stores
Air and water terminals.
Housing and urban renewal.
Public transit
Other 3

1

422

1,683

1,758

1,120

1,658

1,610

2,496

1,619

1,354

1,886

2,910

2,631

3,775

3,449

1,117

2,420

973

2

Federal

1
2
3

1961

1960

2,615

4,011

4,211

3,874

4,506

4,576

5,498

4,674

4,515

5,208

6,477

6,335

7,935

7,794

5,467

6,921

5,812

3
4
5
6
7
8
9

1,239
719
146
242
70
62
-1,376

2,137
1,515
159
299
81
83
-1,874

2,399
1,728
176
338
83
74
-1,812

2,310
1,683
195
279
83
70
-1,564

2,800
2,175
210
283
82
50
-1,706

3,070
2,462
234
276
79
19
-1,506

4,008
3,282
254
255
67
150
-1,490

3,870
3,116
278
284
60
132
-804

4,279
3,492
347
316
52
72
-236

4,625
3,789
459
275
40
62
-583

4,927
3,679
693
328
30
197
-1,550

4,929
3,151
1,087
405
75
211
-1,406

6,913
3,947
1,569
440
68
889
-1,022

5,548
2,622
1,791
440
67
628
-2,246

3,638
509
2,306
478
75
270
-1,829

4,928
781
2,625
513
63
946
-1,993

5,602
711
3,083
501
73
1,234
-210

10
11

-610
-1,284

-779
-1,629

-800
-1,590

-590
-1,584

-679
-1,712

-728
-1,501

-954
-1,239

-1,057
-572

-759
-343

-1,107
-557

-2,017
-532

-1,982
-514

-1,466
-672

-2,136
-1,155

-1,976
-1,027

-3,200
-254

-1,647
-185

12

122

134

145

153

175

196

181

196

214

230

250

282

285

260

127

180

190

13

98

99

98

105

121

118

114

119

133

145

178

238

230

257

327

362

465

14

298

301

335

352

389

409

408

510

519

706

571

570

601

528

720

919

967

15

-2,193

-2,328

-2,453

-2,754

-2,848

-2,966

-3,002

-3,055

-3,161

-3,322

-3,567

-3,704

-4,160

-4,345

-4,350

-4,501

-4,839

16
17

0
2,193

0
2,328

0
2,453

12
2,766

10
2,858

18
2,984

24
3,026

26
3,081

27
3,188

25
3,347

24
3,591

34
3,738

53
4,213

81
4,426

116
4,466

158
4,659

189
5,028

18
19
20
21
22

654
649
359
251
86

651
675
373
252
106

766
706
405
256
117

879
856
426
264
137

918
875
463
278
151

952
909
513
301
170

945
914
549
325
194

904
963
570
350
229

933
1,021
601
375
259

1,065
1,071
637
378
283

1,225
1,126
651
385
309

1,353
1,139
655
401
351

1,501
1,249
738
406
419

1,595
1,412
766
418
474

1,620
1,502
734
432
512

1,660
1,695
776
428
535

1,533
1,896
814
408
591

23

180

203

175

223

204

207

191

190

214

219

247

295

409

318

573

599

639

24
25

-18
32

10
58

17
11

-31
12

-28
-3

-61
-7

-55
-37

-74
-51

-151
-64

-172
-134

-223
-129

-378
-78

-558
49

-734
177

-1,120
213

-1,302
268

-1,192
339

1943

1944

Consists largely of subsidies to exporters of farm products and to railroads.
Consists largely of Federal Deposit Insurance Corporation, Federal Savings and Loan Insurance Corporation, and Bonneville Power Administration.
Consists of State lotteries, off-track betting, local parking, and miscellaneous activities.

Table 3.13.—Social Insurance Funds Receipts and Expenditures: Annually, 1929-76
[Millions of dollars]
Line

1930

1929

1931

1932

1933

1934

1935

1937

1936

1938

1939

1940

1941

1942

Federal
1

145

150

149

144

140

146

162

428

1,727

1,828

2,001

2,167

2,687

3,385

4,460

5,182

2

124

124

123

125

115

121

136

391

1,573

1,734

1,879

2,015

2,504

3,161

4,181

4,817

Personal contributions

3

95

96

96

95

89

92

92

104

480

458

491

546

686

1,044

1,706

2,092

Employer contributions
Government and government
enterprises.
Other

4
5

29
29

28
28

27
27

30
30

26
26

29
26

44
37

287
47

1,093
66

1,276
79

1,388
86

1,469
95

1,818
104

2,117
138

2,475
174

2,725
447

Receipts
Contributions for social insurance

Interest received
Expenditures
Administrative expenses (purchases
of goods and services).
Transfer payments to persons
Surplus or deficit ( —)

6

0

0

0

0

0

3

7

240

1,027

1,197

1,302

1,374

1,714

1,979

2,301

2,278

7

21

26

26

19

25

25

26

37

154

94

122

152

183

224

279

365

8

44

51

60

72

82

97

100

147

275

744

856

982

893

919

750

837

9

0

0

0

0

0

3

7

52

133

138

160

147

186

172

212

182

10

44

51

60

72

82

94

93

95

142

606

696

835

707

747

538

655

11

101

99

89

72

58

49

62

281

1,452

1,084

1,145

1,185

1,794

2,466

3,710

4,345

12

135

148

160

177

198

214

232

246

270

291

310

326

346

376

409

434

13

119

129

139

153

170

183

197

207

227

243

257

267

280

307

335

356

State and local
Receipts
Contributions for social insurance
Personal contributions

14

47

51

55

57

63

65

70

76

86

96

105

112

115

122

133

144

Employer contributions
Government and government
enterprises.
Other

15
16

72
72

78
78

84
84

96
96

107
107

118
118

127
127

131
131

141
141

147
147

152
152

155
155

165
165

185
185

202
202

212
212

Interest and dividends received
Expenditures
Adminstrative expenses (purchases
of goods and services).
Transfer payments to persons
Surplus or deficit (—)




17

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

18

16

19

21

24

28

31

35

39

43

48

53

59

66

69

74

78
227

19

73

79

87

96

112

121

129

139

146

154

160

166

178

198

217

20

1

1

1

1

2

2

2

2

2

3

3

3

3

4

4

4

21

72

78

86

95

110

119

127

137

144

151

157

163

175

194

213

223

22

62

69

73

81

86

93

103

107

124

137

150

160

168

178

192

207

Table 3.13.—Social Insurance Funds Receipts and Expenditures: Annually, 1929-76—Continued
[Millions of dollars]
Line

1945

1947

1946

1948

1949

1950

1952

1951

1953

1954

1956

1955

1957

1958

1959

1960

Federal
1

6,246

6,114

5,789

5,281

5,804

6,814

8,005

8,425

8,528

9,349

10,573

11,893

13,648

13,746

16,241

18,992

2

5,754

5,506

5,122

4,525

4,951

5,930

7,118

7,417

7,412

8,156

9,375

10,621

12,298

12,418

14,920

17,621

Personal contributions

3

2,174

1,773

1,833

1,829

1,856

2,448

2,904

3,181

3,305

3,874

4,418

4,917

5,707

5,759

6,734

7,976

Employer contributions
Government and government
enterprises.
Other

4
5

3,580
1,495

3,733
1,667

3,289
854

2,696
356

3,095
746

3,482
419

4,214
530

4,236
545

4,107
348

4,282
204

4,957
426

5,704
685

6,591
1,067

6,659
1,290

8,186
1,385

9,645
1,564
8,081

Receipts
Contributions for social insurance

Interest received
Expenditures

6

2,085

2,066

2,435

2,340

2,349

3,063

3,684

3,691

3,759

4,078

4,531

5,019

5,524

5,369

6,801

7

492

608

667

756

853

884

887

1,008

1,116

1,193

1,198

1,272

1,350

1,328

1,321

1,371

8

1,518

2,605

2,251

2,415

3,732

6,461

4,773

5,142

6,002

7,843

8,565

9,479

11,670

15,443

16,032

17,441

Administrative expenses (purchases 9
of goods and services).
10
Transfer payments to persons

196

244

114

175

226

338

388

303

347

319

455

475

419

630

698

708

1,322

2,361

2,137

2,240

3,506

6,123

4,385

4,839

5,655

7,524

8,110

9,004

11,251

14,813

15,334

16,733

11

4,728

3,509

3,538

2,866

2,072

353

3,232

3,283

2,526

1,506

2,008

2,414

1,978

-1,697

209

1,551

12

466

693

799

956

1,081

1,286

1,542

1,770

1,952

2,226

2,388

2,673

2,994

3,280

3,703

4,165

13

384

595

695

841

944

1,128

1,357

1,553

1,721

1,954

2,077

2,315

2,582

2,790

3,086

3,437

Surplus or deficit (—)
State and local
Receipts
Contributions for social insurance
Personal contributions

14

159

238

285

349

378

446

538

612

680

749

818

903

985

1,102

1,202

1,302

Employer contributions
Government and government
enterprises.
Other

15
16

225
225

357
257

410
298

492
368

566
430

682
520

819
636

941
726

1,041
801

1,205
952

1,259
998

1,412
1,125

1,597
1,286

1,688
1,408

1,884
1,588

2,135
1,819

17

0

100

112

124

136

162

183

215

240

253

261

287

311

280

296

316

18

82

98

104

115

137

158

185

217

231

272

311

358

412

490

617

728
1,871

Interest and dividends received

19

245

351

401

444

488

571

677

768

863

958

1,041

1,182

1,335

1,524

1,682

Adminstrative expenses (purchases 20
of goods and services).
21
Transfer payments to persons

5

8

9

13

18

19

19

18

20

20

19

21

28

62

79

67

240

343

392

431

470

552

658

750

843

938

1,022

1,161

1,307

1,462

1,603

1,804

22

221

342

398

512

593

715

865

1,002

1,089

1,268

1,347

1,491

1,659

1,756

2,021

2,294

Expenditures

Surplus or deficit (—)

Line

1962

1961

1963

1964

1965

1966

1967

1968

1969

1970

1972

1971

1973

1974

1975

1976

Federal
Receipts

1

19,691

21,922

24,611

25,627

26,831

35,189

39,230

43,551

50,049

54,107

59,242

67,789

85,188

96,379

101,107

113,687

2

18,261

20,476

23,096

23,973

25,012

33,121

36,730

40,725

46,696

49,346

54,442

62,720

79,463

89,758

94,056

106,502

Personal contributions

3

8,266

8,840

10,197

10,771

11,344

15,615

18,120

20,124

23,170

24,457

26,885

30,226

37,988

43,010

45,135

49,696

Employer contributions
Government and government
enterprises.
Other

4
5

9,995
1,645

11,636
1,802

12,899
2,040

13,202
2,224

13,668
2,285

17,506
2,838

18,610
3,181

20,601
3,644

23,526
4,270

24,889
5,045

27,557
5,753

32,494
6,541

41,475
7,768

46,748
9,080

48,921
10,520

56,806
11,691
45,115

Contributions for social insurance

Interest received
Expenditures

6

8,350

9,834

10,859

10,978

11,383

14,668

15,429

16,957

19,256

19,844

21,804

25,953

33,707

37,668

38,401

7

1,430

1,446

1,515

1,654

1,819

2,068

2,500

2,826

3,353

4,761

4,800

5,069

5,725

6,621

7,051

7,185

8

20,765

21,203

22,392

22,852

24,810

27,714

33,115

38,304

42,238

50,304

59,192

65,312

76,145

90,467

114,230

125,550

Administrative expenses (purchases 9
of goods and services).
10
Transfer payments to persons
Surplus or deficit (—)

11

886

893

970

975

1,082

1,208

1,234

1,387

2,125

2,160

2,458

2,786

2,737

3,300

3,559

4,011

19,879

20,310

21,422

21,877

23,728

26,506

31,881

36,917

40,113

48,144

56,734

62,526

73,408

87,167

110,671

121,539

-1,074

719

2,219

2,775

2,021

7,475

6,115

5,247

7,811

3,803

50

2,477

9,043

5,912

-13,123

-11,863

State and local
12

4,521

4,817

5,289

5,936

6,357

7,310

8,571

9,284

10,443

12,139

13,535

15,593

17,488

19,764

23,125

27,316

13

3,675

3,859

4,217

4,690

5,012

5,703

6,655

7,214

8,257

9,244

10,198

11,482

12,971

14,590

16,823

19,527

Personal contributions

14

1,388

1,478

1,580

1,793

1,982

2,177

2,491

2,741

3,061

3,400

3,786

4,224

4,604

4,913

5,287

5,789

Employer contributions
Government and government
enterprises.
Other

15
16

2,287
1,959

2,381
2,027

2,637
2,250

2,897
2,482

3,030
2,595

3,526
3,065

4,164
3,673

4,473
3,949

5,196
4,634

5,844
5,227

6,412
5,743

7,258
6,513

8,367
7,511

9,677
8,666

11,536
10,416

13,738
12,408

17

328

354

387

415

435

461

491

524

562

617

669

745

856

1,011

1,120

1,330

18

846

958

1,072

1,246

1,345

1,607

1,916

2,070

2,186

2,895

3,337

4,111

4,517

5,174

6,302

7,789

19

2,072

2,234

2,476

2,745

2,923

3,332

3,776

4,031

4,615

5,212

5,908

6,901

7,850

8,786

10,026

11,690

Adminstrative expenses (purchases 20
of goods and services).
21
Transfer payments to persons

82

70

101

112

123

135

145

189

213

237

261

283

310

335

361

398

1,990

2,164

2,375

2,633

2,800

3,197

3,631

3,842

4,402

4,975

5,647

6,618

7,540

8,451

9,665

11,292

2,449

2,583

2,813

3,191

3,434

3,978

4,795

5,253

5,828

6,927

7,627

8,692

9,638

10,978

13,099

15,626

Receipts
Contributions for social insurance

Interest and dividends received
Expenditures

Surplus or deficit ( - )

22

NOTE.—In this table interest and dividends received is included in receipts; in tables 3.1, 3.3, 3.15, 3.17, 3.19, and 9.4, interest received and dividends received are netted against expenditures.




Table 3.14.—State and Local Government Social Insurance Funds Receipts and Expenditures: Annually and Quarterly Totals Seasonally Adjusted
at Annual Rates, 1959-76
[Billions of dollars]

Receipts
Contributions for social insurance
Personal contributions

1960

1959

Line
1

1966

1965

1967

4.8

5.3

5.9

6.4

7.3

8.6

3.7

3.9

4.2

4.7

5.0

5.7

6.7

1.3

1.4

1.5

1.6

1.8

2.0

2.2

2.5

2.1
1.8

2.3
2.0

2.4
2.0

2.6
2.3

2.9
2.5

3.0
2.6

3.5
3.1

4.2
3.7

3.4

3.1

3

1964

1963

4.5

4.2

3.7

2

1962

1961

1.2

4
Employer contributions
Government and government enter- 5
prises.
6
Other

1.9
1.6
.3

.3

.3

.4

.4

.4

.4

.5

.5

7

.6

.7

.8

1.0

1.1

1.2

1.3

1.6

1.9
3.8

Interest and dividends received
Expenditures
Administrative expenses (purchases of
goods and services).
Transfer payments to persons
Surplus or deficit ( —)

8

1.7

1.9

2.1

2.2

2.5

2.7

2.9

3.3

9

.1

.1

.1

.1

.1

.1

.1

.1

.1

10

1.6

1.8

2.0

2.2

2.4

2.6

2.8

3.2

3.6

11

2.0

2.3

2.4

2.6

2.8

3.2

3.4

4.0

4.8

1971

1970

1969

1968

Line

1972

1973

1974

1975

1976

1

9.3

10.4

12.1

13.5

15.6

17.5

19.8

23.1

27.3

2

7.2

8.3

9.2

10.2

11.5

13.0

14.6

16.8

19.5

3

2.7

3.1

3.4

3.8

4.2

4.6

4.9

5.3

5.8

4
Employer contributions
Government and government enter- 5
prises.
6
Other

4.5
3.9

5.2
4.6

5.8
5.2

6.4
5.7

7.3
6.5

8.4
7.5

9.7
8.7

11.5
10.4

13.7
12.4

.5

.6

.6

.7

.7

.9

1.0

1.1

1.3

7

2.1

2.2

2.9

3.3

4.1

4.5

5.2

6.3

7.8
11.7

Receipts
Contributions for social insurance
Personal contributions

Interest and dividends received
Expenditures
Administrative expenses (purchases of
goods and services).
Transfer payments to persons
Surplus or deficit ( —)

8

4.0

4.6

5.2

5.9

6.9

7.9

8.8

10.0

9

.2

.2

.2

.3

.3

.3

.3

.4

.4

10

3.8

4.4

5.0

5.6

6.6

7.5

8.5

9.7

11.3

11

5.3

5.8

6.9

7.6

8.7

9.6

11.0

13.1

15.6

I
Receipts
Contributions for social insurance

III

II

I

IV

III

II

1962

1961

1960

1959
Line

I

IV

II

III

IV

I

1963
III

II

IV

II

I

III

IV

1

3.6

3.6

3.7

3.8

4.1

4.1

4.2

4.3

4.3

4.5

4.6

4.7

4.7

4.8

4.9

4.9

5.0

5.2

5.4

5.6

2

3.0

3.1

3.1

3.2

3.3

3.4

3.5

3.5

3.6

3.6

3.7

3.8

3.8

3.8

3.9

4.0

4.1

4.2

4.3

4.4

3

1.2

1.2

1.2

1.2

1.3

1.3

1.3

1.3

1.4

1.4

1.4

1.4

1.4

1.5

1.5

1.5

1.5

1.6

1.6

1.6

4
Employer contributions
Government and government enter- 5
prises.
Other
6

1.8
1.5

1.8
1.6

1.9
1.6

1.9
1.6

2.0
1.7

2.1
1.8

2.2
1.9

2.2
1.9

2.2
1.9

2.3
1.9

2.3
2.0

2.3
2.0

2.3
2.0

2.4
2.0

2.4
2.0

2.4
2.1

2.5
2.1

2.6
2.2

2.7
2.3

2.7
2.3

.3

.3

.3

.3

.3

.3

.3

.3

.3

.3

.3

.3

.3

.3

.4

.4

.4

.4

.4

.4

7

.6

.6

.6

.7

.8

.8

.7

.7

.7

.8

.9

.9

1.0

.9

1.0

.9

.9

1.0

1.1

1.2

8

1.6

1.6

1.7

1.8

1.8

1.9

1.9

1.9

2.0

2.0

2.1

2.2

2.2

2.2

2.2

2.3

2.3

2.4

2.5

2.6

9

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

10

1.5

1.6

1.6

1.7

1.8

1.8

1.8

1.9

1.9

2.0

2.0

2.1

2.1

2.2

2.2

2.2

2.3

2.3

2.4

2.5

11

2.0

2.0

2.0

2.1

2.2

2.3

2.3

2.3

2.4

2.4

2.5

2.5

2.5

2.5

2.6

2.6

2.7

2.8

2.9

3.0

Personal contributions

Interest and dividends received
Expenditures
Administrative expenses (purchases of
goods and services).
Transfer payments to persons
Surplus or deficit ( —)

I
Receipts
Contributions for social insurance

1
2

IV

III

II

1966

1965

1964
Line

III

II

I

IV

II

I

1967
III

IV

I

II

1968
III

IV

II

I

III

IV

5.8

6.0

6.0

6.1

6.2

6.3

6.4

6.6

6.8

7.1

7.5

7.8

8.0

8.3

8.8

9.2

9.1

9.2

9.3

4.5

4.7

4.7

4.8

4.9

4.9

5.1

5.2

5.4

5.6

5.8

6.1

6.3

6.6

6.8

6.9

7.0

7.1

7.3

7.5

1.9

1.9

2.0

2.0

2.1

2.1

2.1

2.2

2.3

2.4

2.5

2.5

2.6

2.6

2.7

2.8

2.9

3.0
2.5

3.0
2.5

3.0
2.5

3.0
2.6

3.2
2.7

3.3
2.8

3.4
3.0

3.6
3.1

3.8
3.3

3.9
3.5

4.1
3.6

4.3
3.8

4.4
3.8

4.4
3.9

4.4
3.9

4.5
4.0

4.6
4.1

9.5

3

1.7

1.8

1.8

4
Employer contributions
Government and government enter- 5
prises.
6
Other

2.8
2.4

2.9
2.5

2.9
2.5

.4

.4

.4

.4

.4

.4

.4

.4

.4

.5

.5

.5

.5

.5

.5

.5

.5

.5

.5

.5

7

1.2

1.3

1.2

1.2

1.3

1.4

1.3

1.4

1.5

1.5

1.7

1.7

1.7

1.7

2.0

2.2

2.1

2.1

2.1

2.0

8

2.7

2.7

2.8

2.8

2.8

2.9

2.9

3.0

3.1

3.3

3.4

3.5

3.7

3.7

3.8

3.9

3.9

4.0

4.1

4.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.2

.2

.2

.2

.2

2.5

2.6

2.7

2.7

2.7

2.8

2.8

2.9

3.0

3.1

3.3

3.4

3.5

3.6

3.7

3.7

3.8

3.8

3.9

3.9

3.1

3.2

3.2

3.3

3.3

3.4

3.4

3.6

3.7

3.8

4.1

4.3

4.4

4.5

5.0

5.3

5.2

5.2

5.2

5.4

Personal contributions

Interest and dividends received
Expenditures

Administrative expenses (purchases of 9
goods and services).
10
Transfer payments to persons

Digitized for Surplus or deficit ( —)
FRASER


11

Table 3.14.—State and Local Government Social Insurance Funds Receipts and Expenditures: Annually and Quarterly Totals Seasonally Adjusted
at Annual Rates, 1959-76—Continued
[Billions of dollars]
1970

Line

III

II

1971

I

IV

III

IV

1972

III

II

I

IV

II

III

IV

10.2

10.7

11.0

11.6

12.4

12.6

13.0

13.3

13.7

14.1

14.8

15.4

15.8

16.3

7.8

8.1

8.5

8.7

8.9

9.4

9.6

9.8

10.1

10.3

10.5

11.0

11.3

11.6

12.0

Personal contributions

2.9

3.0

3.1

3.2

3.3

3.4

3.5

3.6

3.7

3.8

3.9

4.1

4.2

4.3

4.4

Employer contributions
Government and government
prises.
Other

4.8

5.1

5.3
4.8

5.5
4.9

5.7
5.1

5.9

6.0
5.4

6.2

6.3

6.5
5.8

6.6
5.9

6.9

7.2

7.3
6.6

7.6
6.9

4.3

4.6

5.5

5.7

6.2

6.4

.6

.6

.7

.7

.5

.6

.6

.7

.7

.7

Receipts
Contributions for social insurance...

Interest and dividends received

5.3

.
6

2.2

4.8

5.0

.2

.2

4.6

4.8

6.0

6.2

6.6

5.0

5.7

Receipts

5.3

IV

I

.3

IV

7.0

7.5

6.5
9.0

1975

III

II

.3

6.7

.3
6.2

5.5

7.4

1974

III

II

I

7.9

6.8

.3

7.2
7.1

1973

Line

6.0

7.7

.3

4.1

3.9

5.2

4.3

5.4

5.7

.2

7.3

.3

5.8

.2

.2

4.2

.3

.8
4.3

7.0

6.2

3.2

5.6

.8
4.2

3.6

6.0

3.1
5.4

5.3
4.5

.2

3.4

3.0
.2

Surplus or deficit ( - )

3.1

4.5

Expenditures
Administrative expenses (purchases of
Sfoods and services).
Transfer payments to persons

2.6

2.1

4.4

2.4

4.7

2.1

.6
.6

I

II

1976

III

IV

I

II

III

IV

1

16.8

17.3

17.7

18.2

18.8

19.4

20.1

20.8

21.6

22.6

23.7

24.7

25.8

26.9

27.8

28.7

2

12.4

12.8

13.1

13.6

14.0

14.4

14.8

15.3

15.8

16.5

17.2

17.8

18.5

19.2

19.9

20.5

Personal contributions

3

4.5

4.6

4.7

4.7

4.8

4.9

5.0

5.0

5.1

5.2

5.4

5.5

5.6

5.7

5.9

6.0

Employer contributions
Government and government enter-

4
5

7.9
7.1

8.2
7.4

8.5
7.6

8.8
7.9

9.2
8.2

9.5
8.5

9.8
8.8

10.2
9.2

10.7
9.6

11.3
10.2

11.8
10.7

12.4
11.2

12.9
11.7

13.5
12.2

14.0
12.7

14.5
13.0

Contributions for social insurance

Other 6 *'
Interest and dividends received
Expenditures
Administrative expenses (purchases of
goods and services).
Transfer payments to persons
Surplus or deficit ( —)

6

.8

.8

.9

.9

1.0

1.0

1.0

1.1

1.1

1.1

1.1

1.2

1.2

1.3

1.4

1.4

7

4.4

4.5

4.5

4.7

4.8

5.0

5.3

5.5

5.8

6.1

6.5

6.9

7.3

7.7

8.0

8.2

8

7.5

7.7

8.0

8.2

8.4

8.6

8.9

9.2

9.5

9.8

10.2

10.7

11.2

11.6

11.9

12.1

9

.3

.3

.3

.3

.3

.3

.3

.3

.4

.4

.4

.4

.4

.4

.4

.4

10

7.2

7.4

7.6

7.9

8.1

8.3

8.6

8.8

9.1

9.4

9.8

10.3

10.8

11.2

11.5

11.7

11

9.3

9.5

9.7

10.0

10.4

10.8

11.2

11.6

12.2

12.8

13.5

14.0

14.7

15.4

15.9

16.6

NOTE.—In this table interest and dividends received is included in receipts; in tables 3.1, 3.3, 3.15, 3.17, 3.19, and 9.4, interest received and dividends received are netted against expenditures.

Table 3.15.—Government Expenditures by Function: Annually, 1952-76
[Millions of Dollars]
Line
Total 1

1952

1954

1953

1956

1955

1957

1958

1959

1960

1961

1962

1963

1964

176,289

1

93,887

101,552

97,020

97,958

104,458

115,250

127,598

131,005

136,402

149,072

160,483

167,785

Central executive, legislative, and judicial activities

2

2,999

2,964

3,090

3,245

3,594

3,722

3,908

3,977

4,407

4,533

4,877

5,157

5,489

International affairs

3

2,282

2,093

1,875

2,161

1,992

1,915

2,006

1,975

2,030

2,308

2,353

2,366

2,383

Space

4

0

0

0

0

0

0

30

262

572

890

1,785

3,351

4,606

National defense

5

45,728

48,486

41,014

38,362

40,081

43,935

45,475

45,506

44,364

46,904

50,948

50,189

48,934

Civilian safety

6

2,084

2,219

2,423

2,628

2,831

3,060

3,364

3,647

3,948

4,239

4,467

4,726

5,101

Education

7

8,393

9,419

10,695

12,013

13,145

14,295

16,102

16,762

18,665

20,570

22,242

24,698

27,551

Health and hospitals

8

2,496

2,613

2,705

2,859

3,138

3,600

3,953

4,344

4,602

4,989

5,379

5,826

6,419

Income support, social security, and welfare

9

7,983

9,169

11,329

12,114

13,657

16,284

20,349

21,252

22,919

26,666

28,061

29,662

31,012

Veterans benefits and services

10

5,692

5,283

5,214

5,487

5,447

5,630

5,843

5,820

5,852

6,343

6,084

6,301

6,258

Housing and community services

11

1,290

1,069

1,098

922

1,282

1,443

1,589

1,927

1,975

2,261

2,629

2,289

2,806

Recreational and cultural activities

12

337

386

444

518

570

636

731

844

894

989

1,060

1,163

1,205

Energy

13

272

260

136

85

179

284

452

518

530

799

671

641

1,031
4,834

Agriculture

14

1,509

4,460

3,224

3,217

2,488

2,613

4,577

3,236

3,456

4,318

4,950

4,363

Natural resources

15

1,103

1,143

1,029

880

1,079

1,236

1,388

1,379

1,362

1,578

1,683

1,875

1,959

Transportation

16

5,383

5,641

6,378

6,795

7,475

8,384

9,436

10,228

10,235

10,994

11,674

12,797

13,100

Postal service

17

834

614

382

510

644

602

741

507

691

873

880

675

792

Economic development, regulation, and services

18

233

199

230

300

377

428

452

441

644

652

716

779

874

Labor training and services

19

250

243

287

298

321

326

326

373

448

501

576

629

731

Commercial activities

20

-178

-180

-177

-151

-169

-180

-168

-240

-245

-290

-249

-216

-193

21

4,687

4,792

4,976

5,003

5,512

6,028

5,826

6,908

7,597

7,207

7,862

8,464

9,125

22

542

603

668

712

815

1,009

1,218

1,339

1,456

1,748

1,835

2,050

2,272

Net interest paid 2
Other and unallocable



Table 3.15.—Government Expenditures by Function: Annually, 1952-76—Continued
[Millions of Dollars]
Line
Total 1

1965

1966

1967

1968

1969

1970

1971

1972

1973

1974

1975

1976

1

187,823

213,566

242,419

269,100

286,775

313,405

341,997

371,639

405,265

459,963

534,264

574,938

18,292

19,605
3,440

Central executive, legislative, and judicial activities

2

6,115

6,434

6,764

7,158

8,370

9,936

11,364

12,614

14,203

16,628

International affairs

3

2,325

2,520

2,274

2,283

2,275

2,419

2,818

3,032

2,830

3,607

3,346

4

5,550

5,907

4,816

4,488

3,837

3,574

3,398

3,289

2,981

3,278

3,551

3,667

82,818

85,789

National defense

5

49,325

60,176

71,283

76,691

76,125

73,364

70,082

73,019

72,704

76,888

Civilian safety

6

5,485

5,987

6,616

7,695

8,551

9,727

11,123

12,515

13,922

15,857

18,130

20,017

Education

7

30,689

35,912

40,616

44,566

49,380

56,119

62,300

68,186

75,240

83,659

95,602

103,483

Health and hospitals

8

7,010

7,826

8,757

10,143

11,534

13,194

14,958

17,054

19,379

21,878

24,574

26,402

Income support, social security, and welfare

9

33,938

38,371

45,953

53,569

59,890

72,850

86,667

96,821

111,958

134,522

168,448

184,661

Veterans benefits and services

10

6,459

6,488

7,298

7,786

8,690

9,972

11,394

12,775

13,918

15,748

18,997

19,485

2,935

3,161

3,486

4,189

4,041

4,443

5,262

5,975

6,699

8,161

9,718

10,555

1,293

1,406

1,596

1,950

2,305

2,580

2,857

3,068

3,476

4,265

4,921

5,433

1,151

1,044

1,075

1,028

1,088

1,239

3,173

3,360

Housing and community services
Recreational and cultural activities

11
12

Energy

13

1,039

904

985

2,476

Agriculture

14

4,850

4,362

4,762

7,437

7,443

5,780

6,575

6,560

4,751

3,344

4,851

5,731

2,774

2,220

2,281

2,692

2,895

3,142

3,094

3,654

4,379

4,760
27,382

Natural resources

15

2,272

2,585

Transportation

16

13,928

15,345

16,294

17,653

18,365

19,921

21,330

22,333

23,622

27,321

28,366

843

1,133

1,204

920

1,218

2,274

2,260

1,824

2,696

2,663

3,993

2,207

1,083

1,418

1,383

1,777

2,093

2,544

Postal service

17

Economic development, regulation, and services

18

907

1,064

2,348

2,795

2,115

2,397

Labor training and services

19

906

1,061

1,583

1,589

1,668

1,777

2,501

2,730

2,661

2,672

2,981

3,674

20

-215

-200

-214

-248

-159

-190

-279

-376

-490

-486

-528

-616

Commercial activities
Net interest paid 2

21

9,429

10,107

10,824

12,283

13,503

14,978

15,481

16,643

19,258

20,780

24,311

30,085

Other and unallocable

22

2,740

3,017

3,499

4,266

5,000

5,190

6,039

7,181

8,571

10,403

11,944

13,274

1
Equals Federal government expenditures less grants-in-aid to State and local goverments plus State and local government expenditures. These data include employee compensation
on a disbursement basis. The estimates by function include employee compensation on an accrual basis. Wage accruals less disbursements (in millions of dollars) is zero except as follows: 1952,
32; 1953, - 7 6 ; 1971, 209; 1972, 333; 1973, - 1 2 ; and 1974, -530.
2
Excludes interest received by State and local social insurance funds, which is netted against expenditures for the appropriate functions.




Table 3.16.—Federal Government Expenditures by Type and Function: Annually, 1952-76
[Millions of dollars]
1953

Line

Total 1
Central executive, legislative, and judicial activities
Central administration and management
Tax collection and financial management
Legislative and judicial activities
Other
International affairs
Conduct of foreign affairs and informational activities
Foreign economic assistance
Space
National defense
Military activities
Civil defense
Foreign military assistance
Other
Civilian safety
Police
Fire
Correction
Education...
Elementary and secondary
Higher
General research and other
Health and hospitals
Income support, social security, and welfare
Retirement
Old —age and survivors insurance
Government employees, civilian
Government employees, military
Railroad
Disability
Disability insurance (social security)
Government employees, civilian
Government employees, military
Railroad
Other....
Unemployment insurance
Regular
Extended
Other....
Medical care
Hospital and supplementary medical insurance (Medicare).
Medicaid
Welfare and social services
Other
Veterans benefits and services
Disability and survivors compensation
Education
Insurance
Hospitals and medical care
Other
Housing and community services
Urban renewal and c o m m u n i t y d e v e l o p m e n t

Housing...
Water and sewerage
Recreational and cultural activities
Energy
Conservation and development of energy sources
Production and sale of power
Administration and regulation
Agriculture.
Stabilization of farm prices and income
Financing farm ownership and utilities
Conservation of agricultural resources
Other
Natural resources
Transportation
Highways
Water
Air
Railroad.
Transit
Postal services
Economic development, regulation, and services
Economic development assistance
Regulation of commerce and finance
Other
Labor training and services
Training programs
Other
Net interest paid




Subsidies
less
current
surplus of
government
enterprises

52,365

15,306

1,439

1,434

2,282

77,108

294
292

- 6

57,530

15,980

2,834

1,278

-1

12
12

238
236

1,855

2

1,845

48,576
48,562

48,594
48,594

143
119

71,052

Expenditures 1

Grants-in-aid
to State and
local
governments

Transfer
payments
and net
interest
paid

2,093
246
1,847

Transfer
payments
and net
interest
paid

Purchases of
goods and
services

1,289

Purchases of
goods and

143
119

Expenditures 1

Grants-in-aid
to State and
local
governments

- 6

300
1,982

2

45,797
45,791

45,838
45,838

149
125

149
125

-110

-110

24
90
23

1

199

24

353

24
297

103
19

1

1

66

7

344

157

72

115

304

6,121
3,104
2,251
293
189
371
293

134
69
63

4,457
3,035
2,188
293
189
365
293

1,530

7,254
4,016
3,058
358
205
395
314

58
155

1,068

76

64
190
69
63

1,340
121

62

5,646
2,304
905
803
913
721

1,201

-34
3
-37

1,243
1,151

1,046
954

940
665
45
116
114

4,329
2,304
"454

166

116

5,236
2,468
593
744
851
580

1,095

-24
12
-36

1

27
3
24

4
2

-71

26

61

4,082
2,468
514
744

59
53

847

222

356

-47

201

379
104
275

45

266
24

5
40

242

4,180
3,665
45
297
173

3,757
3,469
45
111
132

52

924

864

60

490
460

695
72
487
136

310
109

"-47

1,247
596
500
151

582
59
409
114

560
537

30

20

814
-130

5
41

23

-75

-130

46

614

119

44
-122

3
33
-44
37

4,457

1,394

107

168

-71

845
1,231
532
533

1,513

803
909
265

118

1,277
61

110

27

194
194

92

405
131
274

1,251
689
45
363
154

192
192

29
3
26

366
136
230

1

60

1,649

63
167
84

76

992

90

5,415
3,947
2,995
358
205
389
314

63
167
84

80

1,263
1,187

240

1
9

58
155

80

10

4,457

4,554

4,554

Subsidies
less
current
surplus of
government
enterprises

Table 3.16.—Federal Government Expenditures by Type and Function: Annually, 1952-76—Continued
[Millions of dollars]

Line

Total 1
Central executive, legislative, and judicial activities..
Central administration and management
Tax collection and financial management
Legislative and judicial activities
Other
International affairs
Conduct of foreign affairs and informational activitiesForeign economic assistance
Space
National defense
Military activities
Civil defense
Foreign military assistanceOther
Civilian safety..
Police
Fire
Correction
Education
Elementary and secondary...
Higher
General research and other..
Health and hospitals
Income support, social security, and welfare
Retirement
Old—age and survivors insurance
Government employees, civilian
Government employees, military
Railroad
Disability
Disability insurance (social security)
Government employees, civilian
Government employees, military
Railroad
Other
Unemployment insurance
Regular
Extended
Other
Medical care
Hospital and supplementary medical insurance (Medicare).
Medicaid
Welfare and social services
Other
Veterans benefits and services
Disability and survivors compensation
Education
Insurance
Hospitals and medical care
Other.
Housing and community services
U r b a n renewal and community development
Housing
W a t e r and sewerage
Recreational and cultural activities
EnergyConservation and development of energy sources
Production and sale of power
Administration and regulation
Agriculture
Stabilization of farm prices and income
Financing farm ownership and utilities
Conservation of agricultural resources
Other
Natural resources
Transportation
Highways
Water
Air
Railroad
Transit
Postal services
Economic development, regulation, and services
Economic development assistance
Regulation of commerce and finance
Other
Labor training and services
Training programs
Other
Net interest paid




PurExpenditures 1

of
goods and
services

69,772

47,933

1,273

Transfer
payments
and net
interest
paid

17,932

1,251

Grants-in-aid
to State and
local
governments

2,913

Subsidies
less
current
surplus of
government
enterprises

Transfer
payments
and net
interest
paid

68,142

44,455

19,061

1,325

994

22

Purchases of
goods and
services

1,305

Expenditures 1

214
212
2

41,112
41,095

J,120
20

20

22

1,875
212
1,663

Grants-in-aid
to State and
local
governments

1,661

2,161

1,661

1,935

223
221
2

38,454
38,432

38,446
38,446

41,112
41,112

226

1,938
5
1,933
92
70

22

154
125

170
141

154
125

29

130
9

29

1

120

246

29

397

29

387

133

13

251

10

1

1

10

122

61

267

170
141

87

284

7,315
4,683
3,651
372

1,702

2

11
59

98
1,740

222

222

444

438
343

66
182

66
182

78
193

95

95

101

101

2,430
2,224

2,221
2,015

1,734
1,559

1,516
1,341

206

206

175

175

227
72

66

150

5,214
2,574
580
703
736

947
" "24
732
191

4,935
402
256
469
372
78
193
214
214

1,526
129

1,437

61

4,237
2,574
532
703

58

2
69

1,466

5,403
2,760
689

2

66

1,589
127

621

204
204

158
96

8,021
6,062

9,919
6,158
5,024
402
256
476
372

9,244
4,755
3,717
372

953

4,430
2,760
663

20

60

13

628

628
765
561
-273
41
-314

428

760
-261
4
-265

37
37

179
145
34

290
135
155

14

1,689
1,372
40

180

379

5
2

-56
15
-71

-23
3

221
118

322
112

-111

103

210

-111

2,927
2,382
40
323

842
625

182

2,034
1,757
40
98
139

43

2,913
2,348
40
310
215

792

726

66

619

1,281

523

632
460
189

585
572

103
67

1,362
759
434
172

515
58
336

713
701

354
109

382

362

510

-35
4
38
-77

-126

29

-126

-18

-26
37

60

4

110

12

167

48

548

71

121

12
35
52

53

4,644

170

10

4,644

4,598

4,598

current
surplus of
government
enterprises

Table 3.16.—Federal Government Expenditures by Type and Function: Annually, 1952-76—Continued
[Millions of dollars]
1956

Expenditures 1

Total 1
Central executive, legislative, and judicial activities
Central administration and management
Tax collection and financial management
Legislative and judicial activities
Other
International affairs
Conduct of foreign affairs and informational activities
Foreign economic assistance
Space
National defense
Military activities
Civil defense
Foreign military assistance
Other
Civilian safety
Police
Fire
Correction
Education.
Elementary and secondary
Higher...
General research and other
Health and hospitals
Income support, social security, and welfare
Retirement
Old—age and survivors insurance
Government employees, civilian
Government employees, military
Railroad
Disability
Disability insurance (social security)
Government employees, civilian
Government employees, military
Railroad
OtherUnemployment insurance
Regular
Extended
OtherMedical care
...
Hospital and supplementary medical insurance (Medicare).
Medicaid
Welfare and social services
Other
Veterans benefits and services
Disability and survivors compensation..
Education
Insurance
Hospitals and medical care
Other
Housing and community services
Urban renewal and community developmentHousing
Water and sewerage
Recreational and cultural activities
Energy
Conservation and development of energy sources..
Production and sale of power
Administration and regulation
Agriculture
Stabilization of farm prices and income..
Financing farm ownership and utilities ..
Conservation of agricultural resources —
Other
Natural resources..
Transportation
Highways
Water
Air
Railroad
Transit
Postal services
Economic development, regulation, and servicesEconomic development assistance
Regulation of commerce and finance
Other
Labor training and services .
Training programs
Other
Net interest paid




71,918
1,438

Purchases of
goods and
services

Transfer
payments
and net
interest
paid

45,902
1,429

Subsidies
less
current
surplus of
government
enterprises

20,312
-14

Grants-in-aid
to State and
local
governments

Expenditures 1

79,624
1,284

Purchases of
goods and
services

Transfer
payments
and net
interest
paid

49,964
1,258

23,047

Subsidies
less
current
surplus of
government
enterprises

Grants-in-aid
to State and
local
governments

4,209
23

2,404

23

1,992

244

1,748

1,915

249
1,743

242

7
1,741

309

302
300

1,606

2

44,083
44,061

44,017

2

40,190

40,156

109

40,168

40,156

87

1,613
9
1,604

148
126
22

44,017

22

181

181

180

151

157

-82

180

151

- 8 2

157

23

379

390
11,305
7,105
5,786
492
299
528
402

124
12
1
111

12
1

2

8,992

158

119
1,845

444

13,850
8,949
7,453
574
336
586
481
56
105
204

6,997
5,685
492
299
521
402
90
204

90
204

497
148
140

1,520
1,373

116

1,608
147

1,897
146

356

5,421

977

70

621
791
178

175

257
257

2,073
185

2,823
737

621

1,899
1,724

247

-14

29
5

— 14

24

343

5,551
2,984
724
663
819
361

1,538
76

4,428

2,823
753

116

1,987

231
231

141
2,103

7,313
574
336
578
481
56
105
204

2,162

108

1,755

57
251
212

217

3

16
86
11,250
8,801

175

108

797
427

171

13
65

468
108
101

23

456

1,009

75
38
37

29
7
22

31

410
231
179

27
22

66

9
813
187

361
198
163

-128

296

— 128

253
43

2,169

222

896
47

462

1,062

6
2
31

186

727
1,539
827
526

188

127

826
2,075

38

791

614
54
428
132

1,314
486
277

773

- 2

- 2

-141
- - - - -

5

2,027
1,099
17
64

694
59
428
207

928

1,255

54
33"

37
- 2

- 2

602
83

29
100

15
15

-203
47
117

250

172

147

-121
47
117
179

1,876
1,414

2,255

1,293
47
594
235

1,727
119

4,534
2,984
715
663

46
138

556
-60

29

5,071

5,071

24

47
7
45

—84

5,538

5,538

Table 3.16.—Federal Government Expenditures by Type and Function: Annually, 1952-76—Continued
[Millions of dollars]
1959

1958

Line

Total 1
Central executive, legislative, and judicial activities..
Central administration and management
Tax collection and financial management
Legislative and judicial activities
Other
International affairs
Conduct of foreign affairs and informational activitiesForeign economic assistance
Space
National defense
Military activities
Civil defense
Foreign military assistanceOther
Civilian safety
Police
Fire..
Correction..
Education
Elementary and secondary
Higher
General research and other
Health and hospitals
Income support, social security, and welfare
Retirement
Old—age and survivors insurance
Government employees, civilian
Government employees, military
Railroad
Disability
Disability insurance (social security)
Government employees, civilian
Government employees, military
Railroad
Other
Unemployment insurance
Regular
Extended
Other
Medical care
Hospital and supplementary medical insurance (Medicare).
Medicaid
Welfare and social services
Other
Veterans benefits and services
Disability and survivors compensation
Education
Insurance
Hospitals and medical care
Other
Housing and community services
Urban renewal and community development
Housing
Water and sewerage
Recreational and cultural activities
Energy
Conservation and development of energy sources.,
Production and sale of power
Administration and regulation
Agriculture
Stabilization of farm prices and income
Financing farm ownership and utilities
Conservation of agricultural resources
Other
Natural resources
Transportation
Highways
Water
Air
Railroad
Transit
Postal services.
Economic development, regulation, and services
Economic development assistance
Regulation of commerce and finance
Other
Labor training and services
Training programs
Other
Net interest paid




Subsidies
less
current
surplus of
government
enterprises

Transfer
payments
and net
interest
paid

88,933
1,355

53,904
1,325

26,556
7

2,006
362
1,644

355
353
2

45,643
45,622

45,565
45,565

207
168

207
168

39
573

549
17,683
10,084
8,419
645
388
632
706
246
124
216
120

224
22
1
201
460
147
138

2,206
217
5,752
3,199
640
669
893
351
104
58
46

168
147
21

23

304

887
184
54
8
46

438
393
45

-90
-90

326

19
137
14,863
9,937
8,281
645
388
623
706
246
124
216
120

53,890
1,343

28,131
78
28

1,975
386
1,589
263
45,689
45,678

378
376
2
262
45,597
45,597

221
176
45
220
21
1
198

714
18,452
11,838
9,937
741
443
717
1,002
498
146
227
131

315
315

3,089
2,604
139
346

2,263
260
5,745
3,348
487
674
939
297
125
88
37

4
70
4,662
3,199
629
165

1,825
1,433
47
133
212
848
811
32
498
281

-150

2,306
1,276
1,030

2,303
2,253
101
46
- 2

55
99
33

50
1,597
10
1,587
183
172
11

35
27
172
15,462
11,679
9,787
741
443
708
955
451
146
227
131

384

222
2,586

2,754
2,269
139
346

188
1,121

933
183
45
9
36

325
325

4
70
4,616
3,348
482
674

2,071
190

112
79
79

46
40
6

3,000
1,932
47
701
320
915
4,287
3,069
673
547

1,134
745
47
117
225
810
1,041
53
552

123

95
105
3,073
3,016
57

- 2

35
151

-92
52

5,208

6,848
32
32

655
448
207

507
104
55
57

57
154

404
159
150

Grants-in-aid
to State and
local
governments

557
488

-150

- 2

5,208

90,964
1,453

180
2,360

92
550
360
190

4,219
2,709
47
1,185
278
940
3,264
2,285
604
377

2,832

Expenditures 1

4

4,146
3,501
295
350

4,470
3,825
295
350

5,641
23
23

Transfer
payments
and net
interest
paid

45
639

1,651
9
1,642

Grants-in-aid
to State and
local
governments

Purchases of
goods and
services

221
176

Purchases of
goods and
services

Expenditures 1

6,165

6,165

current
surplus of
government
enter-

Table 3.16.—Federal Government Expenditures by Type and Function: Annually, 1952-76—Continued
[Millions of dollars]
1960

Expenditures 1

Subsidies
less
current
surplus of
government
enterprises

Transfer
payments
and net
interest
paid

Total 1
Central executive, legislative, and judicial activities
C e n t r a l administration and management
T a x collection and financial management
Legislative and judicial activities
Other

93,106
1,661

53,711
1,602

30,254
25
18

International affairs
Conduct of foreign affairs and informational activities
Foreign economic assistance
Space
National defense
Military activities
Civil defense
Foreign military assistance
Other
Civilian safety
Police
Fire
Correction
Education
E l e m e n t a r y and secondary
Higher
G e n e r a l research and other
Health and hospitals
Income support, social security, and welfare
Retirement
Old—age and survivors insurance
Government employees, civilian
Government employees, military
Railroad.
Disability..
Disability insurance (social security)
Government employees, civilian
Government employees, military
Railroad.
Other
Unemployment insurance
RegularExtended
Other
Medical care
Hospital and supplementary medical insurance (Medicare).
Medicaid
W e l f a r e and social services
Other
Veterans benefits and services
Disability and survivors compensation
Education
Insurance
Hospitals and medical care
Other
Housing and community services
U r b a n renewal and community development
Housing
W a t e r and sewerage
Recreational and cultural activities
Energy
Conservation and development of energy sources
Production and sale of power
Administration and regulation
Agriculture
Stabilization of farm prices and income
F i n a n c i n g f a r m ownership and utilities
Conservation of agricultural resources
Other
Natural resources
Transportation
Highways
Water
Air
Railroad
Transit
Postal services
Economic development, regulation, and services
Economic development assistance
Regulation of commerce and finance
Other
Labor training and services
T r a i n i n g programs
Other
Net Interest paid

2,031
365
1,666
574
44,582
44,574

350
348
2
44,451
44,451

235
187

235
187

48
678
273
202
203

48
211
21
22
168
398
348
184
174




19,914
12,955
10,816
808
510
821
1,141
599
165
232
145

218
210

21
35
172
16,942
12,771
10,642
808
510
811
1,104
562
165
232
145

2,615

-87
-87

411
252
159
304
2,624

3,174
1,979
51
835
3,883
2,525
726
635
-3
691
284
99
63
122

6,806

33,318
15
14

1,874
20
1,854

47,145
47,130

434
432
2
890
46,995
46,995

250
199

241
23
27
191
476
620
230
220

7,245
36
36

241
226
15

29
43
199
19,986
14,147
11,821
864
609
853
1,448
878
183
238
149

446
262
184
368
2,975

311
311

4,778
3,899
565
314

103
103

4,295
3,416
565
314

380

7
64
4,568
3,502
302
679

2,084
229
10
2

2,583
329
6,215
3,708
181
922
1,063
341

221

14
82
4,916
3,707
180
922

2,348
247
10
1

269

642
577
65

57,370
1,613

Expenditures 1

Grants-in-aid
to State and
local
governments

2,996
2,727

3,351
3,082

2,174
293
5,760
3,504
304
679
998
275
238
191
47

101,944
1,664

759
285
240
234
1,043
23,581
14,377
12,041
864
609
863
1,514
944
183
238
149

1,680
16
1,664

6,526
34
34

Transfer
payments
and net
interest
paid

2,312
456
1,856

Grants-in-aid
to State and
local
governments

Purchases of
goods and
services

250
199

Purchases of
goods and
services

83
1,182
2
992
188
79
58
21

85

6
2
135
133
2

139
758

337

-161
-161"

2,066
1,469

1,012
510
51
201
250
718
1,176
63
608
505

10

597

117
2,523
2,462

179

61

113
69

1,289
i
1,056
232
158
139
19

155
822
699
123

644
279

4,019
2,769
52
854
344
997
4,248
2,738
760
752

107

687
121
52
262
252
891
1,294
68
616
610

61
55
6

13
90
2,731
2,670
61

- 2

81
294

610
-16

63
231
105

-109

6,806

873
271
130
69
72
112
6,248

94
249
180
111

7
2
154
150
4

1
6,248

Subsidies
less
current
surplus of
government
enterprises

Table 3.16.—Federal Government Expenditures by Type and Function: Annually, 1952-76—Continued
[Millions of dollars]
1963

1962

Line

Total 1
Central executive, legislative, and judicial activities
Central administration and management
Tax collection and financial management
Legislative and judicial activities
Other...
International affairs
Conduct of foreign affairs and informational activities
Foreign economic assistance
Space
National defense
Military activities
Civil defense
Foreign military assistance
Other...
Civilian safety
Police..
Fire
Correction
Education
Elementary and secondary
Higher
General research and other
Health and hospitals
Income support, social security, and welfare
Retirement
Old—age and survivors insurance
Government employees, civilian
Government employees, military
Railroad
Disability
Disability insurance (social security)
Government employees, civilian
Government employees, military
Railroad
Other
Unemployment insurance
Regular
Extended
Other
Medical care
Hospital and supplementary medical insurance (Medicare).
Medicaid
Welfare and social services
Other
Veterans benefits and services
Disability and survivors compensation..
Education
Insurance
Hospitals and medical care
Other
Housing and community services
Urban renewal and community developmentHousing
Water and sewerage
Recreational and cultural activities..
Energy
Conservation and development of energy sources..
Production and sale of power
Administration and regulation
Agriculture
Stabilization of farm prices and income..
Financing farm ownership and utilities ..
Conservation of agricultural resources ....
Other
Natural resourcesTransportation
Highways
Water
Air
Railroad
Transit
Postal services
Economic development, regulation, and servicesEconomic development assistance
Regulation of commerce and finance
Other
Labor training and services..
Training programs
Other
Net interest paidRevenue sharing. .




of
goods and
services

Transfer
payments
and net
interest
paid

110,434
1,887

63,738
1,853

34,506
1

2,360

411

440
1,920

410

PurExpenditures 1

1,796
51,223

1
1,785
51,052

51,205

Grants-in-aid
to State and
local
governments

Subsidies
less
current
surplus of
government
enterprises

Expenditures 1

Purchases of
goods and
services

Transfer
payments
and net
interest
paid

114,159
2,029

64,631
1,995

36,513
1

1,942

2,372

426

454
1,918

425

current
surplus of
government
enterprises

1,940

23
1,919

Grants-in-aid
to State and
local
governments

23
1,917

7,979
33

4,211

275

3,370
50,486

257

51,052

-104

1
3,351
50,296

-104

50,464

50,296

33
33

297
275

22

18
262
208

262
208

219

54

54

63

63

873

297

485

1,008

351

303
271
299

25
30
242

278
207

312
337
359

25
35
291

1,235
24,808

564

16,247
13,688
949
708
902
1,617

243
234

781

34
57

240
20,781

431
3,246

1,451

26,220

3,104
2,665
203
236

380

2,995
385

21

2,585

104

281

3,803
99
700
1,109
320

449
372
77

l'
1,103
239

79

216
181

35
109

314

349

6,272

1,370

4,893

9

1

i

3,930
55
817

3,931

56
817
1,187

6
2
202

281
647
277
370

11

-174
-174

4,657
3,514
58
755
330

1,134
630
58
225

1,091

969

4,568
2,946
815

1,366
70
634

810

662

128

3,392
2,884

934
787
147

4,043
2,810

6
2
321

1,181
188
278
82

185
136

196

1,026

84
76

711
315

576
-14

63

22
106
122
2,941

221

65

80
283

176
83
- 3

10
126

206
146

-116

263
267

30
92

1,128
5,186

997
1,447

3,500

256

2,876

60

806
364

77

6,758

386

3,214
423

710
300

90
152

157

2,971
2,763

208

1,010

77

262

3,402
3,194

915
782
133

303
136

524
J,530

157

191

35

265
21,957
16,993
14,161
1,067
844
921
1,849
1,196
234

1,266

4,679
3,802
98
700

551
287
264

262

3,564
3,125
203
236

1,343

269
258

106

234

204
247
155

6,031

733

17,262
14,419
1,067
844
932
1,919

16,004
13,454
949
708
893
1,548
942
204
247
155

1,011

219

67
701
679

131
3,499
3,433
1

862
827

65

675
333
104
85
144

15
16
85
279

193

6,758

7,309

7,309

Table 3.16.—Federal Government Expenditures by Type and Function: Annually, 1952-76—Continued
[Millions of dollars]
1965

1964

Line

Total 1
Central executive, legislative, and judicial activitiesCentral administration and management
Tax collection and financial management
Legislative and judicial activities
Other
International affairs
Conduct of foreign affairs and informational activitiesForeign economic assistance
Space
National defense
Military activities
Civil defense
Foreign military assistanceOther
Civilian safety
Police
Fire
Correction
Education
Elementary and secondary...
Higher
General research and other..
Health and hospitals
Income support, social security, and welfare
Retirement
Old—age and survivors insurance
Government employees, civilian
Government employees, military
Railroad
Disability
Disability insurance (social security)
Government employees, civilian
Government employees, military
Railroad
Other
Unemployment insurance
Regular
Extended
Other
Medical care
Hospital and supplementary medical insurance (Medicare).
Medicaid
Welfare and social services
Other
Veterans benefits and services
Disability and survivors compensationEducation
Insurance
Hospitals and medical care
Other
Housing and community services
Urban renewal and community developmentHousing
Water and sewerage
Recreational and cultural activities
Energy
Conservation and development of energy sources..
Production and sale of power
Administration and regulation
Agriculture
Stabilization of farm prices and income..
Financing farm ownership and utilities ..
Conservation of agricultural resources ....
Other
Natural resources..
Transportation
Highways
Water
Air
Railroad
Transit
Postal services
Economic development, regulation, and servicesEconomic development assistance
Regulation of commerce and finance
Other
Labor training and services..
Training programs
Other
Vet interest paidtevenue sharing-




Expenditures 1

118,182
2,160

Purchases of
goods and
services

Transfer
payments
and net
interest
paid

65,218
2,095

38,025
3

Grants-in-aid
to State and
local
governments

10,433
62
62

Subsidies
less
current
surplus of
government
enterprises
4,506

Expenditures 1

123,807
2,512

Purchases of
goods and
services

Transfer
payments
and net
interest
paid

67,268
2,403

40,842
61

Grants-in-aid
to State and
local
governments

Subsidies
less
current
surplus of
government
enterprises

11,121
48
47

4,576

1
2,388
501
1,887
4,629
49,230
49,203

478
477
1
4,606
49,048
49,048

293
235

58
404
28
38
338
776
622
282
272

1,739
27,216
18,269
15,121
1,161
1,032
955
2,083
1,374
264
284
161
3,103
2,921

10
82
82

41
41

114
37
77
327
22,825
17,987
14,849
1,161
1,032
945
2,001
1,292
264
284
161
2,688
2,506

217
1,450
2

888
434
454

1,271
177
236
139
97

192
1,189
1,058
131
4,513
3,321
70
693
429
1,163
5,766
3,971
899
898
-2

424
-189
66
235
312
1,021
1,535
72
731
732

792
386
131
93
162
270

113
436
29
93
314
210

45
104
4,767
4,013
32
633

192
1,279
952
327

7,983

636
3,769

374
374

89
30
30

6
5

38
38

11
94
94

3,902
508
6,425
4,248
11
643
1,261
262

3,066
329
8
1
5
2
591
265
326

142
31
111
142
3,983
3,899

5
84

31

729

41
274
246
28

169
54
115
340
24,902
20,128
16,658
1,280
1,189
1,001
2,284
1,552
284
300
148
2,299
2,149

449
1,451
2
1,255
194
199

93
98
4,964
4,246
9
643
66
10
10

31

-204
-204
3,941
3,510
4
427

243
163
82
-2

226
1,164
1,027
137

224
1,241
914
327

4,508
3,326
67
640
475
1,262
5,720
3,906
941
856

364
-271
66
221
348

60

-1
843
363
148
87
128
559

7,983

8,380

20
21

679
-70
81

-1

-151

5
5

-118
-118

831
394
410
27
717
4,189

419
419

150

150

114
106
8
6

63
431
-31
64
398
818
887
306
295

61
1,840
32
1,808

312
249

2,756
2,606

642
343
299

485
484
1
5,550
49,443
49,443

63
1,431
363
528
540
1,875
29,978
20,434
16,953
1,280
1,189
1,012
2,378
1,646
284
300
148

-114
-114

182

182

3,328
433
6,225
4,014
34
633
1,276
268

23
296
269
27

2,330
521
1,809
5,591
49,599
49,571

312
249

5
5

293
235

58
1,160
371
374
415

3
1,905
19
1,886

1,108
1,576
72
784
720

7

7
5

3,360
410
10
2
6
2
484
282
157
45
2
123
113
10

36
36

-200
-200

154

3,983
3,597
1
385

34
120
154
3,909
3,834

230

5

152
79
-1

57
18

115
424
45
87
292
237

728
-83
81

22
22
^
164
8,380

158

-164

Table 3.16.—Federal Government Expenditures by Type and Function: Annually, 1952-76—Continued
[Millions of dollars]
1966

Purchases of
goods and
services

Transfer
payments
and net
interest
paid

143,632

78,833

44,917

14,384

2,426

2,335

36

55
52

2,527
614
1,913

569
566
3

1,951
41
1,910

Expenditures 1

total1
Central executive, legislative, and judicial activitiesC e n t r a l administration and management
T a x collection and financial management
Legislative and judicial activities
Other
International affairs
Conduct of foreign affairs and informational activities..
Foreign economic assistance
Space
National defense
Military activities
Civil defense
Foreign military assistance
Other
Civilian safety..
Police
Fire
Correction
Education
E l e m e n t a r y and secondary...
Higher
G e n e r a l research and otherHealth and hospitals
Income support, social security, and welfare
Retirement
Old—age and survivors insurance
Government employees, civilian
Government employees, military
Railroad
Disability
Disability insurance (social security)
Government employees, civilian
Government employees, military
Railroad
Other
Unemployment insurance
Regular
Extended
Other
Medical care
Hospital and supplementary medical insurance (Medicare).
Medicaid
W e l f a r e and social services
Other
V e t e r a n s benefits and services
Disability and survivors compensation...
Education
Insurance
Hospitals and medical care
Other
Housing and community services
U r b a n renewal and community developmentHousing
W a t e r and sewerage
R e c r e a t i o n a l and cultural activities..
Conservation and development of energy sources..
Production and sale of power
Administration and regulation
Agriculture
.
Stabilization of farm prices and income..
F i n a n c i n g f a r m ownership and utilities..
Conservation of agricultural resources....
Other
Natural resourcesTransportation
Highways
Water
AirRailroad.
Transit
Postal services
Economic development, regulation, and servicesEconomic development assistance
Regulation of commerce and finance
Other
Labor training and services
T r a i n i n g programs
Other
Net interest paid




1967

Subsidies
less
current
surplus of
government
enterprises

Purchases of
goods and
services

Transfer
payments
and net
interest
paid

163,676

90,924

52,166

2,337

2,220

36
16

2,280

Grants-in-aid
to State and
local
governments

439
431

1,835
33
1,802

Expenditures 1

5,947

470
1,810

5,907
60,330
60,330

81
76

20

36

60,459
60,433

Grants-in-aid
to State and
local
governments

4,857
283
257

-154
-154

4,816

71,566
71,540

71,462
71,462

257

26

26

329
269

329
269

364

60

60

76

71

3,645
1,840
735
1,070

753
47

285

481

1,126

227
533

258

624

129
150

4,092
1,862
1,104

849

82

2,607
1,787
524
296

2,297

1,002

405

890

2,477

1,062

347

1,068

34,086
22,476
18,454
1,585
1,377

1,150

27,920

5,016

22,188

276

1,322
387
374

33,598
23,873
19,367
1,750

1,060

12
138
138

18,178
1,585
1,377
1,048

40,890
24,260
19,741
1,750
1,610
1,159
2,966
2,055
377
363
171

5,970

288

2,738
1,899
345
331
163

288

6

2,600
1,761
345
331
163

2,404
2,285

36

1,875
1,756

119
2,095
1,118

110
110

1,008
1,008

977
3,618
755

578

141

1,534

4,908
4,101

6,452
4,101
85

1,318
214

839

1,205
1,039

166
3,984
2,712
75

1,563

5,680
4,526
308
769

1,092

9

1

368

182
182

1,390
171

7
77

10

130

-193

921
347

118
12

- - - - - -

1,340
1,141
199

1,400
1,005
395

173

4,669
4,236

4,291
3,008

4,211
4,129

433

679
504

293
-335
87
153
388

1,571
6,115
4,020
1,083
956
-4

125
67
-4

799

11

1,867

100

862

150
136
14

1,379

188

162

1,757
96

1,006

4,O;
3,909

111
826

70

16
91
422

60

1,204

148

515
240

529

482

110
2
245

-176

170
2
13
50
105

930

60

1,133

1
641
495
136

1,268

1,324

9,160

1,509
3,324
570

7,251
4,526
310
769
1,397
249

498
364
41
93

36
136

42
42

241
124

10

1,486

762

1,917
377
363
171

615

1,509
4,180
694

6,161

491
152
91
248

1,146

1,512
3

977
2,899
647

535

4,225
992
921
-4
27

1,610

117
4,341
4,341

117
6,035
4,526

1

2,762
1,762
619
381

522
522

977

-1,525
75
193
393

662

212

2,828

2,755
2,638

119

108

11

2,191
2,074

493
493

686
1,327
253

359

165

346

1,311

643

130
129

26
110

9,840

1
330

9,840

338

Table 3.16.—Federal Government Expenditures by Type and Function: Annually, 1952-76—Continued
[Millions of dollars]
1969

1968

Expenditures 1

Total 1
Central executive, legislative, and judicial activitiesCentral administration and management
Tax collection and financial management
Legislative and judicial activities
Other
International affairs
Conduct of foreign affairs and informational activitiesForeign economic assistance
Space
National defense
Military activities
Civil defense
Foreign military assistanceOther
Civilian safety
Police
Fire
Correction
Education
Elementary and secondary...
Higher
General research and otherHealth and hospitals
Income support, social security, and welfare
Retirement
Old —age and survivors insurance
Government employees, civilian
Government employees, military
Railroad
Disability
Disability insurance (social security)
Government employees, civilian
Government employees, military
Railroad
Other
Unemployment insurance
Regular
Extended
Other
Medical care
—
Hospital and supplementary medical insurance (Medicare).
Medicaid
Welfare and social services
Other
Veterans benefits and services
Disability and survivors compensation
Education
Insurance
Hospitals and medical care
Other
Housing and community services
Urban renewal and community development
Housing
Water and sewerage
Recreational and cultural activities
Energy
Conservation and development of energy sources
Production and sale of power
Administration and regulation
Agriculture
Stabilization of farm prices and income
Financing farm ownership and utilities
Conservation of agricultural resources
Other
Natural resources
Transportation
Highways
Water
Air
Railroad
Transit
Postal services—
Economic development, regulation, and services
Economic development assistance
Regulation of commerce and finance
Other
Labor training and services
Training programs
Other
Net interest paid.




Purchases of
goods and
services

180,491
2,108
718
1,279
107
4
2,289
579
1,710
4,548
77,013
76,298
102
630
-17
398
327

98,019
1,982
617
1,279
97

71
4,422
1,996
963
1,463
2,597
47,383
28,019
22,905
1,932
1,870
1,312
3,397
2,410
401
401
185

65
771
74
214
483
1,250
1,100
403
384
4

-11

551
547
4
4,488
76,868
76,180
75
630
-17
392
327

1,924
4,976
402
7,732
4,675
514
723
1,457
363
1,169

59,370
17
2

Grants-in-aid
to State and
local
governments

4,515
109
99

15
1,732
26
1,706
322
295
27

-177
-177

Expenditures 1

188,425
2,629
1,017
1,372
267
-27
2,280
638
1,642
3,899
76,500
75,821
82
621
-24
518
421

536
27
273
236
39,103
27,616
22,521
1,928
1,870
1,297
3,255
2,268
401
401
185

97
4,437
1,890
973
1,574
3,203
52,391
30,253
24,501
2,188
2,189
1,375
3,748
2,660
443
453
192

3,115
1,895
476
744
1,014
7,180

2,139
2,008

2,737
2,606
131
7,852
5,928

Transfer
payments
and net
interest
paid

Subsidies
less
current
surplus of
government
enterprises

292
292
236
37
1,747
13
1,450
284

563
563

2,848
2,706

131
5,628
5,628

1,932

142
9,135
6,846

323
142
5,969
4,675
501
723
70

7
9
868
625

185

2,289
5,933
474
8,613
5,180
729
749
1,539
416

1,924
4,417
223
16

116

1,403

Purchases of
goods and
services

Transfer
payments
and net
interest
paid

97,564
2,501
926
1,372
233
-30
611
613

65,307
3

- 2

15

34

375
349
26

36
20
602
26
312
264
436
42,783
29,806
24,075
2,182
2,189
1,360
3,602
2,514
443
453
192

1,263
1,032
231
6,971
5,538
118
668
647

2,784
2,046
98
153
487

6,631
4,408
1,121
961
13
128
920
924
642
113
169
1,391

876
1,914
96
965
832
15
6
166
747
270
113
364
564

243
39
156
143
13

11,299

65
148
206
4,512
4,312

2,242
2,100

570
570

301
301

142
6,536
6,536

2,298
9

264
73
1,868
19
1,523
326

423
174
6,726
5,180
710
749
87

78

1,278
1,145
133
7,014
5,620
126
567
701

2,213
1,433
86
174
520
915
2,087
93
972
987
18
17
171
721
180
119
422

151
51
- 2

"l22
263
260

358

3
469

-86

112

1,154
6,497
4,107
1,123
1,129
15
123
1,218
860
585
119
156

12,691

19

16
3

286
52
168
153
15

1,383
992
391

3,929
3,459
20
450

2,289
5,246
227

1,014
728

196

-221

200

16
3,146
1,830
473
843
1,327
8,389

36

116
306
1,328
889
439

20,346
125
91

1,664
20
1,644

3,837
76,320
75,667
56
621
-24
482
401
689
34
188
467
1,440
1,219
447
426
6

Grants-in-aid
to State and
local
governments

345
99
76
170
4,223
4,014
103

"ibis'
330
328
2
491
12,691

Subsidies
less
current
surplus of
government
enterprises

Table 3.16.—Federal Government Expenditures by Type and Function: Annually, 1952-76—Continued
[Millions of dollars]
1971

1970

Line

Total 1
Central executive, legislative, and judicial activities
Central administration and management
Tax collection and financial management
Legislative and judicial activities
Other
International affairs
Conduct of foreign affairs and informational activities
Foreign economic assistance
Space
National defense
Military activities
Civil defense
Foreign military assistance
Other
Civilian safety
Police
Fire
Correction —
Education
Elementary and secondary
Higher
General research and other
Health and hospitals
Income support, social security, and welfare
Retirement
Old—age and survivors insurance
Government employees, civilian
Government employees, military
Railroad
Disability
Disability insurance (social security)
Government employees, civilian
Government employees, military
Railroad
Other
Unemployment insurance
Regular....
ExtendedOther
Medical care
Hospital and supplementary medical insurance (Medicare).
Medicaid
Welfare and social services
Other
Veterans benefits and services
Disability and survivors compensation..
Education
Insurance
Hospitals and medical care
Other
Housing and community services
Urban renewal and community development..,
Housing
Water and sewerage
Recreational and cultural activities
Energy
Conservation and development of energy sources..
Production and sale of power
Administration and regulation
Agriculture
Stabilization of farm prices and income..
Financing farm ownership and utilities ..
Conservation of agricultural resources ....
Other
Natural resourcesTransportation
Highways
Water
AirRailroad Transit
Postal services
Economic development, regulation, and servicesEconomic development assistance
Regulation of commerce and finance
Other
Labor training and services ..
Training programs
Other
Net interest paidRevenue sharing. .




Expenditures 1

204,306
3,538
1,138
1,758
545
97
2,424
690
1,734
3,641
73,734
73,189
75
446
24
674
526
148
5,329
2,195
1,250
1,884
3,524
64,007
35,802
29,018
2,596
2,629
1,559
4,550
3,193
518
510
216
113
4,732
4,544
188
10,455
7,452
3,003
7,772
696
9,891
5,527
1,190
798
1,755
621
2,557

Purchases of
goods and
services

95,737
3,285
1,000
1,758
431
96
665
665

Transfer
payments
and net
interest
paid

77,645
1

18
111
111

365
365
249
151
2,183

1,736
415

24,447
252
138

6,477

114
1,754
20
1,734

3,574
73,565
73,046
49
446
24
571
459

849
21
252
576
1,709
1,372
441
416
7

Grants-in-aid
to State and
local
governments

Subsidies
less
current
surplus of
government
enterprises

370
344
26

-201

-201

103
67

815
31
467
317
517
52,332
35,361
28,602
2,589
2,629
1,541
4,383
3,029
518
510
216
110
3,999
3,811
188
7,075
7,075
1,291
223
7,685
5,527
1,158
798
202

Expenditures 1

220,579
4,352
1,416
2,083
708
145
2,823
775
2,048
3,464
70,437
69,817
73
525
22
850
670

3,015
12

180
5,657
2,388
1,312
1,957
3,539
76,732
41,488
33,651
3,004
3,055
1,778
5,766
3,929
600
596
250
391
6,605
5,682
664
259
11,683
8,236

3,003
6,232
322

3,447
10,579
611

23

11,324
5,983
1,701
807
2,043
790
3,647

3,665
2,143
531
991
1,298
10,303

3
678
678

19
4
1,814
1,433

360

Purchases of
goods and
services

Transfer
payments
and net
interest
paid

96,190
4,099
1,214
2,083
657
145
753
748
5

89,082

66
355
329
26
198
118

914
82
226
606

834
42
492
300

1,612
1,445
471
445
7

499
62,365
41,017
33,206
2,997
3,055
1,759
5,543
3,718
600
596
250
379
5,841
4,918
664
259
7,834
7,834

390
390
291
94
2,496
39
2,021
436

1,849
281
8,803
5,983
1,662
807
351

"360
467
1,206
1,051
155
5,310
3,877
118
522
793
1,572
7,413
4,698
1,178
1,362
24
151
2,274
1,217
769
142
306
1,415

14,113

381
55
165
147
18

1,320
904
416

391
98

420
-378
31
191
576
1,301
2,476
150
1,020
1,254
25
27
257
932
269
142
521

85
208

-279
—279
4,490
4,157
87
246

4,749
4,548

183

77

153
31
-1

124
378
375

383
14,113

3
538

2,017
-93
125
-218

548
1,200
1,043
157
6,099
4,371
230
531
967
1,775
8,164
5,016
1,287
1,535
83
243
2,260
1,505
1,150
140
215
2,424

13,818

29,011
253
202

2,065
22
2,043

70,230
69,636
47
525
22
652
552

19
154
147

Grants-in-aid
to State and
local
governments

80
3,909
2,264
594
1,051
1,428
12,922

5
719
719
3,459
12
3,447
8,439
236
25

22
3
2,284
1,674
610
79
145
122
23

1,403
921
482

468
130

1,644
658
87
194
705
1,530
2,642
114
1,064
1,385
43
36
278
1,207
605
140
462
778

85
253
245
5,186
4,902
2
75
207
418
406
12
1,025

13,818

Table 3.16.—Federal Government Expenditures by Type and Function: Annually, 1952-76—Continued
[Millions of dollars]
1972

Line

Total»..
Central executive, legislative, and judicial activities
Central administration and management
Tax collection and financial management
Legislative and judicial activities
Other
International affairs
Conduct of foreign affairs and informational activities
Foreign economic assistance
Space.
National defense
Military activities
Civil defense
Foreign military assistance
Other
Civilian safety
Police
Fire
Correction
Education
Elementary and secondary
Higher
General research and other
Health and hospitals
Income support, social security, and welfare
Retirement
Old—age and survivors insurance
Government employees, civilian
Government employees, military
Railroad
Disability
Disability insurance (social security)
Government employees, civilian
Government employees, military
Railroad
Other
Unemployment insurance
Regular
Extended
Other
Medical care
Hospital and supplementary medical insurance (Medicare).
Medicaid
Welfare and social services
Other
Veterans benefits and services...
Disability and survivors compensation...
Education
Insurance
Hospitals and medical care
Other
Housing and community services
Urban renewal and community developmentHousing
Water and sewerage
Recreational and cultural activities..
Energy
Conservation and development of energy sources..
Production and sale of power
Administration and regulation
Agriculture
Stabilization of farm prices and income..
Financing farm ownership and utilities ..
Conservation of agricultural resources ....
Other
Natural resourcesTransportation
Highways
Water
Air
Railroad
Transit
Postal services
Economic development, regulation, and servicesEconomic development assistance
Regulation of commerce and finance
Other
Labor training and services..
Training programs
Other
Net interest paidRevenue sharing ..




1973

Subsidies
less
current
surplus of
government
enterprises

Purchases of
goods and
services

Transfer
payments
and net
interest
paid

244,324

101,679

97,665

37,528

7,935

4,933
1,708
2,359
829
37

4,683
1,515
2,359
741

-31

285
197

-4
-4

3,037

794
794

Expenditures 1

816
2,221

Subsidies
less
current
surplus of
government
enterprises

68
2,190
17
2,173

3,353

3,289

73,383
72,949
76
529
-171

73,136
72,729
49
529
-171

364
337
27

1,230
964

888
758

342
206

Purchases of
goods and
services

Transfer
payments
and net
interest
paid

264,231

101,968

113,914

40,563

5,373
1,778
2,567
1,004
24

5,045
1,580
2,567
883
15

10
1

323

2,837
845
1,992

Grants-in-aid
to State and
local
governments

830

1,955

820
10

1,937

Expenditures 1

Grants-in-aid
to State and
local
governments

202

18

3,044

266

2,981

63

73,112
73,011
74
512
-485

72,837
72,765
45
512
-485

408
379
29

1,474
1,134

-117
-117

1,004
849

470
285

136

340

155

4,436
2,840
593
1,003

5,806
2,701

964
85

1,201

680

996
134
535
327

1,904

218
661

4,496

2,467

510

1,519

5,716

2,947

699

2,070

87,696
46,433
37,481
3,567
3,479
1,906
6,874
4,665

1,922
625
597

69,186
45,808
36,884
3,559
3,479

16,588

1,992

81,338
55,991
45,459
4,349
3,963

14,565

6,357
3,068
1,279

925
94
151

2,010

20

1,886

203
179

6,598
4,418

97,895
56,593
46,036
4,356
3,963
2,238
8,824
5,850

686

686

806

659
283
581
5.401
987
233
14,485
9,083

459
459

659
283
552
5,687
4,467
987
233
8,607
8,607

5.402
12,556
727

441
136

2,151
335

2,886

9,793
6,412
2,198
817

6,621

12,704
6,412

2,228

30

817
2,372
875

2,348
508

577
7

280

18

2,220

137
103

8,565
5,631

122
116

806

704
364

704
364

1,060

6

519
519

4,387
4,033
155
199
9,712
9,712

768
768

5,419
17

5,196
4,842
155
199
14,843
10,248

5,402
9,964
256

4,595
11,340
1,099

300

2,325
358

27

13,775
6,564
2,849
843
2,719

366

- 2

2,558
1,885

1,629
497
1,132

3,307
19

800

2,692
596

5,079
2,341
1,899

1,564
1,054
510

176
149
27

6,241
4,546
213
562
920

536
-408
63

664
319

655

2,060

1,773

8,585
4,818
1,428
1,717
156
466

3,010
173

1,200

5,163
4,645
4

1,497

161

8,622
441

10,439
6,564
2,830
843

725
159
566

202

27
4

2,800
1,960

1
839

112

1,381
1,203
178

4,612
17
4,595

673
647

3,926
2,519
444
963

1,100

5
876
876

24

4,815

602

185
916
97
539

66

125

1,177
1,127
50

1,426
969
457

187
158
29

-562
-1,624
91

943
348
38

222

101

257

4,641
2,647
329
451
1,214

749

456

287

1,928

1,627

301

8,674
4,510
1,560

3,250
177
1,294
1,598
51
130

4,968
4,333
4

226

22
118

5

-359
"-'359
5,033
4,635
150
248

219
59
129

1,866
174
564

1,824

358

1,466

2,696

560

1,754
1,382
153
219

1,424
716
153
555

496
472

-166
194

24

-360

2,104
1,413
146
545

1,654
760
146
748

904

1,825

3,124

208
423

847

14,405
2,617

18,008

14,405
2,617

7,051

517
496

21

18,008
7,051

Table 3.16.—Federal Government Expenditures by Type and Function: Annually, 1952-76—Continued
[Millions of dollars]
1974

Line

Total 1
Central executive, legislative, and judicial activities
Central administration and management
Tax collection and financial management
Legislative and judicial activities
Other
International affairs
Conduct of foreign affairs and informational activities
Foreign economic assistance
Space
National defense
Military activities
Civil defense
Foreign military assistance
Other
Civilian safety
Police
Fire
Correction
Education
Elementary and secondary
Higher
General research and other
Health and hospitals
Income support, social security, and welfare
Retirement
Old —age and survivors insurance
Government employees, civilian
Government employees, military
Railroad
Disability
Disability insurance (social security)
Government employees, civilian
Government employees, military
Railroad
Other
Unemployment insurance
Regular
Extended
Other
Medical care
Hospital and supplementary medical insurance (Medicare).
Medicaid
Welfare and social services
Other
Veterans benefits and services
Disability and survivors compensation
Education
Insurance
Hospitals and medical care
Other...
Housing and community services
Urban renewal and community development
Housing
Water and sewerage
Recreational and cultural activities
Energy
Conservation and development of energy sources
Production and sale of power
Administration and regulation
Agriculture
Stabilization of farm prices and income
Financing farm ownership and utilities
Conservation of agricultural resources
Other...
Natural resources
Transport ation
Highways
WaterAir
Railroad
Transit
Postal services
Economic development, regulation, and services
Economic development assistance
Regulation of commerce and finance
Other...
Labor training and services
Training programs
Other...
Net interest paid
Revenue sharing




1975

Subsidies
less
current
surplus of
government
enterprises

Expenditures 1

Purchases of
goods and
services

Transfer
payments
and net
interest
paid

5,467

356,617

122,708

172,430

54,558

6,301
2,064
2,769
1,026
442

55

1

418
138

54

144
136

1,080

2,277

1,050
30

2,256

Purchases of
goods and
services

Transfer
payments
and net
interest
paid

299,345

110,993

138,415

43,940

6,474
2,354
2,803
1,067
250

6,144
2,120
2,803
946
275

-24

362
241

-25

6,782
2,211
2,769
1,170
632

3,611
1,009

1,014
986

2,602

28

2,547
19
2,528

3,346
1,071
2,275

77,295
77,880
79

77,046
77,665
45

Expenditures 1

1

Grants-in-aid
to State and
local
governments

Grants-in-aid
to State and
local
governments

21

3,626

1,121
870

574

268

557

251

6,870
3,491
1,324
2,055

764

5,994

2,890

631

119,744
64,612
51,957
5,387
4,833
2,435
10,402
7,185
1,034
789
404
990
7,726
6,966
539

2,991
712
695

101,148
63,900
51,262
5,387
4,833
2,418
10,003
6,818
1,034
789

210
68
486

17

228
198

221
19,620
13,168
6,452
16,267
1,117
15,484
7,220
3,387

614
614

6,791
6,031
539
221
12,536
12,536
7,520

3,733

11,711
7,220
3,361

652
323

6

596

267

8,213
4,080
1,843
2,290

961
265
153
543

2,473

6,660

3,342

728

2,590

15,605

153,356
74,168
58,811
6,541
5,899
2,917
12,334
8,709
1,345
878
407
995

3,008
747
717

129,896
73,421
58,094
6,541
5,899
2,887
11,874
8,289
1,345
878
399
963
17,657
11,884
5,328
445
15,531
15,531

20,452

171
169

2
893

30
244
204

18,880

18

13,107
5,328
445
23,911
16,252

6,452
7,756
315

7,659
21,314
2,749

43

6,470

701
701

1,709
155
1,227
327

5,543
3,660
463
1,420

216

216

1,188
1,188
7,679

20
7,659
11,179
190

6,435

638

2,080

220

2,370
1,985

418

997

681

2,382
1,485

187
153
34

-555

11

2,750
1,332
1,407
11

2,984
954
387
586
1,057

385
-771
135
261
760

807
391

1,780
1,334
224

249

36
7
3,815
1,830

1,982
30
1,952

-555'

9,189
2,224

4,323

1

14,461
7,912
5,105
919

3,664
633

525

7,492
2,585
2,445
2,462

637
298
339

1,033

881

946
335

18,833
7,912
5,130
920
3,704
1,167

3,087

886

1,285
1,012

4,965
3,189
508
1,268

3,123
873

620

75
430

306
1,141
92
748
301

991
404

881

3,551
82,971
81,291
47
1,908
-275

1,941
1,339

888
-1,552

1,697
1,140

-158
-158

83,248
81,528
87
1,908
-275

6

888
-1,552

407
373
34

772

170

3,504
2,215
1,163

3,839
1,941
1,772
126

317
274
43

126
28
103
285

222

25

51

40
11
4,709
2,247
2,462

4,090
1,726
547
633
1,184

2,126

16

828
148
303
847

575
77

62
16

115
321

2,275

1,879

396

2,656

2,287

369

9,745
4,970
1,723
2,057
267
728

3,558
234
1,505
1,690

5,687
4,736
5
301

11,917
5,980

3,780
264
1,578
1,774

6,957
5,716
5
316

2,663

687

1,297
1,104

837
354

200

200

-7

283

6,156

1,810

16
1,976

3,993

792

21

1,449
1,232
252
-35

1,019
409
252
358

1,669

5,236

632

205

67

645
548
527

2,715

20,654

208
66

2,144
776
1,207

62

20,654

223

23,090
6,156

6,152

100

1

64

919

583

4,517

23,090
6,150

Table 3.16.—Federal Government Expenditures by Type and Function: Annually, 1952-76—Continued
[Millions of dollars]
1976
Expenditures 1

Total 1
Central executive, legislative, and judicial activitiesCentral administration and management
Tax collection and financial management
Legislative and judicial activities
Other
International affairs
Conduct of foreign affairs and informational activitiesForeign economic assistance
Space
National defense
Military activities
Civil defense
Foreign military assistanceOther
Civilian safety
Police
Fire
Correction
Education
Elementary and secondary...
Higher
General research and other..
Health and hospitals
Income support, social security, and welfare
Retirement
Old —age and survivors insurance
Government employees, civilian
Government employees, military
Railroad
Disability
Disability insurance (social security)
Government employees, civilian
Government employees, military
Railroad
Other
Unemployment insurance
Regular
Extended
Other
Medical care
Hospital and supplementary medical insurance (Medicare).
Medicaid
Welfare and social services
Other
Veterans benefits and services
Disability and survivors compensationEducation
Insurance
Hospitals and medical care
Other
Housing and community services
Urban renewal and community developmentHousing
Water and sewerage
Recreational and cultural activities
Energy
Conservation and development of energy sources..
Production and sale of power
Administration and regulation
Agriculture
Stabilization of farm prices and income..
Financing farm ownership and utilities ..
Conservation of agricultural resources —
Other
Natural resources..
Transportation
Highways
Water
Air
Railroad
Transit
Postal services
*
Economic development, regulation, and servicesEconomic development assistance
Regulation of commerce and finance
Other
Labor training and services..
Training, programs
Other
Net interest paid
Revenue sharing

384,833
7,429
2,714
2,859
1,331
525
3,440
1,137
2,303
3,740
86,258
84,805
76
1,529
-152
2,064
1,409
9
646
7,643
3,172
2,460
2,011
6,963
169,152
83,254
65,921
7,434
6,717
3,182
14,300
10,337
1,609
928
420
1,006
17,341
10,603
6,044
694
28,459
19,229
9,230
23,502
2,296
19,491
8,575
4,380
970
4,162
1,404
8,935
3,314
2,647
2,974
1,271
4,010
2,690
1,111
209
4,962
2,268
688
671
1,335
2,818
12,862
6,369
1,908
2,195
693
1,697
2,207
1,464
1,226
280
-42
6,378
2,654
3,724
26,769
6,977

Purchases of goods
and services
129,174
6,616
2,218
2,859
1,177
362
1,143
1,107
36
3,667
85,964
84,545
42
1,529
-152

Transfer payments
and net interest paid
188,746
160
2

25
241
218

841
841
1,285
337
4,908
29
1
4,114
764
529
332
197

Subsidies less current
surplus of government
enterprises

650
491
154
5

2,312
30
2,282

435
34
616
259

1,444
1,146
9
953
287
156
510
3,515
3,514
760
735

Grants-in-aid to State and
local governments

2,145
143
1,656
346
717
141,739
82,494
65,186
7,434
6,717
3,157
13,822
9,882
1,609
928
417
986
15,949
9,211
6,044
694
18,366
18,366
9,520
1,588
14,503
8,575
4,351

357
4,545
2,742
648
1,155
2,731
23,899

237
237

1,342
1,342
9,252
22
9,230
12,697
371

48
608
5,909
2,935

4,379
2,356
1,814

2,974
186
395
334
61

2,956
1,528
152
322
954
2,246
4,035
280
1,653
1,936
104
62

639
71
92
120
356
498
7,408
6,089
5
194
9
1,111

561
1,132
444
280
408

581
581

759
375
384

133
133

5,446
2,146
3,300

26,769
6,975

1
Total expenditures include employee compensation on a disbursement basis. Expenditures by type and function include employee compensation on an accrual basis. Wage accruals less
disbursements (in millions of dollars) is zero except as follows: 1952, 32; 1953, - 7 6 ; 1971, 39; 1972, 483; 1973, 8; and 1974, - 5 3 0 .




Table 3.17.—State and Local Government Expenditures by Type and Function: Annually, 1952-76
[Millions of dollars]
1952

Line

1

Expenditures 1

Purchases
of goods
and
services

1954

1953
Subsidies
less
current
surplus of
government
enterprises

Transfer
payments
and net
interest
paid less
dividends

Expenditures 1

Purchases
of goods
and
services

Transfer
payments
and net
interest
paid less
dividends

Subsidies
less
current
surplus of
government
enterprises

Expenditures 1

Purchases
of goods
and
services

Transfer
payments
and net
interest
paid less
dividends

Subsidies
less
current
surplus of
government
enterprises

1

25,481

23,217

27,278

24,994

30,161

27,827

2

1,571

1,571

1,687

1,687

1,839

1,839

5
6
7
8

1,935
993
611
331

1,935
993
611
331

2,076
1,095
624
357

2,076
1,095
624
357

2,269
1,194
683
392

2,269
1,194
683
392

9
10
11
12
13

8,295
6,840
1,100
355

8,265
6,840
1,100
325

30

9,267
7,797
1,138
332

39
39

10,554
8,938
1,233
383

10,509
8,938
1,233
338

45

30

9,306
7,797
1,138
371

14
15
16

2,267

2,229

38

2,399

2,361

38

2,525

2,487

38

Income support, social security,
and welfare.
Government employees retirement and disability.
Workmen's compensation and
temporary disability insurance.
Medical care
Welfare and social services

17

3,392

485

2,907

3,564

518

3,046

3,787

575

3,212

18

367

14

353

431

15

416

461

15

446

19

184

4

180

201

5

196

225

5

220

20
21

116
2,725

116
351

2,374

140
2,792

140
358

2,434

165
2,936

165
390

2,546

Veterans benefits and services.

22

162

14

148

106

13

93

30

12

18

Housing and community services...
Housing, community development, and urban renewal.
Water
Sewerage
Sanitation

23
24

1,332
475

1,768
587

-436
-112

1,110
306

1,568
416

-458
-110

1,166
226

1,665
360

-499
-134

25
26
27

25
486
346

391
444
346

-366
42

38
405
361

447
344
361

-409
61

62
499
379

482
444
379

-420
55

Recreational and cultural activities 2 .

28

307

307

355

355

407

407

Energy
Gas utilities
Electric utilities

29
30
31

-86
-11
-75

203
9
194

-42
-19
-23

280
12
268

-75
-2
-73

270
23
247

326

321

279

279

4,954
4,829
53
49
23

5,144
4,956
86
54
48

277

277

220

220

-180

25

Total

Central executive, legislative, and
judicial activities.
Administrative, legislative, and
judicial activities.
Tax collection and financial
management.

Fire

Libraries
Other
Health

3,355

-1,091

|

32

303

301

33

310

Transportation
Highways
Water
Air
Transit and railroad

34
35
36
37
38

4,642
4,512
20
63
47

4,801
4,621
52
63
65

39

244

-289
-20
-269

310

244

Labor training and services.

40

213

41

-178

2

-159
-109
-32
-18

213

Piimmpprinl notiviHM
Publicly-owned liquor store systems.
Government-administered lotteries and parimutuels.
Other

29

Net interest paid




-1,318

-207

-322
-31
-291

348

5,940
5,704
115
59
62
269

234
-205

5,682
5,563
89
53
-23

234

-177

-345
-25
-320

303

269

-190
-127
-33
-5
-25

341

303

5

45

39

7

-258
-141
-26
-6
-85

-216

42
43
44

3

Othpr onH iinnllfwnlilp

3,652

4

Agriculture

regula-

-1,175

3

Natural resources

Economic development,
tion, and services.

3,459

45
46

230

230
542

542

238
603

238
603

332
668

332
668

Table 3.17.—State and Local Government Expenditures by Type and Function: Annually, 1952-76—Continued
[Millions of dollars]
1955

Line

1

Expenditures 1

Purchases
of goods
and
services

1957

1956

Transfer
payments
and net
interest
paid less
dividends

Subsidies
less
current
surplus of
government
enterprises
-1,524

Expenditures 1

Purchases
of goods
and
services

Transfer
payments
and net
interest
paid less
dividends

Subsidies
less
current
surplus of
government
enterprises

Expenditures 1

Purchases
of goods
and
services

Transfer
payments
and net
interest
paid less
dividends

Subsidies
less
current
surplus of
government
enterprises

1

32,936

30,551

35,871

33,490

39,835

37,122

Central executive, legislative, and 2
judicial activities.
Administrative, legislative, and 3
judicial activities.
Tax collection and financial 4
management.

1,940

1,940

2,179

2,179

2,461

2,461

5
6
7
8

2,458
1,302
725
431

2,458
1,302
725
431

2,650
1,410
773
467

2,650
1,410
773
467

2,880
1,565
849
466

2,880
1,565
849
466

9
10
11
12
13

11,867
10,075
1,395
397

11,824
10,075
1,395

12,953
10,935
1,596
422

53
53

14,105
11,739
1,851
515

14,038
11,739
1,851

43

13,006
10,935
1,596
475

14
15
16

2,673

2,639

34

2,867

2,860

7

3,297

Income support, social security, 17
and welfare.
Government employees retire- 18
ment and disability.
Workmen's compensation and 19
temporary disability insurance.
20
Medical care
21
Welfare and social services

3,935

606

3,329

4,197

714

3,483

4,537

756

3,781

494

14

480

564

16

548

643

23

620

236

5

231

260

5

255

280

5

275

197
3,008

197
390

2,618

227
3,146

227
466

2,680

249
3,365

249
479

2,886

Veterans benefits and services

22

104

12

92

42

13

29

87

16

71

Housing and community services...
Housing, community development, and urban renewal.
Water
Sewerage
Sanitation

23
24

1,232
68

1,829
220

-597
-152

1,267
23

1,915
183

-648
-160

1,399
46

2,055
198

-656
-152

25
26
27

226
539
399

720
490
399

-494
49

150
653
441

697
594
441

-547
59

192
687
474

739
644
474

-547
43

Recreational and cultural activi- 28
ties 2 .

478

478

513

513

570

570

Energy
Gas utilities
Electric utilities

29
30
31

-80
17
-97

320
48
272

-54
-5
-49

356
33
323

15
-8
23

457
34
423

Agriculture

32

364

358

Natural resources

33

332

332

Transportation
Highways
Water
Air
Transit and railroad

34
35
36
37
38

6,146
6,056
40
49
1

6,439
6,221
75
63
80

regula- 39

275

275

40

246

246

41
Commercial activities
Publicly-owned liquor store sys- 42
tems.
Government-administered lotter- 43
ies and parimutuels.
Other
44
Net interest paid '
45

-151

83

Total

Fire

Libraries
Other
Health

Economic development,
tion, and services.

Labor training and services

Other and unallocable




46

|

354.

43

-400
-31
-369

712

390

-338
-200
-43
-24
-71

-243

441
815

7,597
7,351
66
126
54

-1,712

67
67
8

-442
-42
-400

7,979
7,607
96
157
119
350
281

-180

4,425

498

281

7

431

350

74

441

3,289

439

264

815

448

498

305

-169

-1,639

-410
-38
-372

7,065
6,755
99
102
109

264
-234

6,727
6,555
56
78
38

4,020

431

305

-293
-165
-35
-14
-79

383

431

6

405

405
712

3,909

52

490
1,009

8

-382
-256
-30
-31
-65

-232

490
1,009

Table 3.17.—State and Local Government Expenditures by Type and Function: Annually, 1952-76—Continued
[Millions of dollars]
1959

1958

Line

1

Expenditures 1

Purchases
of goods
and
services

Transfer
payments
and net
interest
paid less
dividends

Subsidies
less
current
surplus of
government
enterprises

49,822

46,548

2,780

2,780

1,145

1,145

1,217

1,217

1,411

1,411

1,563

1,563

3,426
1,807
970
649

3,426
1,807
970
649

3,713
1,964
1,061
688

3,713
1,964
1,061

16,507
13,396
2,522
265
324

16,423
13,396
2,522
265
240

18,398
14,931
2,817
287

18,299
14,931
2,817
287
264

99

3,852
624
3,228

3,842
622
3,220

4,032
637
3,395

4,020
635
3,385

12
2
10

4,132

5,386

1,075

4,311

5,629

1,153

4,476

655

677

33

644

710

20

690

42

317

388

46

342

433

47

290
541

3,160

361
3,960

361
635

3,325

414
4,072

414
672

64

102

19

1,872
332

2,706
512

25
917

703

-678
24

582
27
555

-649
-37

-57
378

372

J,875
3,496
77
175
127

9,302
8,855
116
222
109

366

366

3,157
1,703
916
538

3,157
1,703
916
538

15,855
13,167
2,129
559

15,781
13,167
2,129
485

Health and hospitals..
Health
Hospitals

3,584

3,576

Income support, social security,
and welfare.
Government employees retirement and disability.
Workmen's compensation and
temporary disability insurance.
Medical care
Welfare and social services

5,026

894

676

21

359
290
3,701

Veterans benefits and services

74

81

5,218

-2,025

84

Housing and community services..
Housing, community development, and urban renewal.
Water
Sewerage
Sanitation

1,535
126

2,177
276

-642
-150

1,881
336

2,674
517

-793

195
702
512

740
649
512

-545
53

1
960
584

655
918
584

-654
42

Recreational and cultural activities 2 .

639

639

52
-29
81

537
16
521

540

Economic development,
tion, and services.

-485
-45
-440

3,853
3,417
132
170
134

Commercial activities
Publicly-owned liquor store systems.
Government-administered lotteries and parimutuels.
Other
Net interest paid 3
Other and unallocable..




353

569
-378
-285
-41
-22

293
-168

-426
-334
-47
-9

343

1,218

3,400

-180

-10

-612

-427
-359
-47
18

343
-244

-240
-231

-9

1,218

99

644

9,440
9,046
119
185
90

-232

41

743

618

-67

569

9,014
8,712
83
138
81

293
76

-524
-46
-478

531
24
507

7

361

regula-

Labor training and services

29

- 2 2

-2,193

755

359

540

3,475
3,132
102
129
112

-181

743

440

Agriculture
Natural resources-

Subsidies
less
current
surplus of
government
enter-

2,556

Civilian safety..
Police
Fire
Correction

isporl
Transportation
HighwaysWater
Air
Transit and railroad..

Transfer
payments
and net
interest
paid less
dividends

43,696

2,576

Energy
Gas utilities
Electric utilities-

Expenditures 1

Purchases
of goods
and
services

2,556

1,749

41,136

2,576

Education
Elementary and secondary..
Higher
Libraries
Other

Expenditures 1

Transfer
payments
and net
interest
paid less
dividends

46,889

44,306

Central executive, legislative, and
judicial activities.
Administrative, legislative, and
judicial activities.
Tax collection and financial
management.

Total

Purchases
of goods
and

1960
Subsidies
less
current
surplus of
government
enterprises

1,339

-50
743

1,339

343

-245
-246

38
5

-283
-251

1

33

-32

791
1,456

1,456

Table 3.17.—State and Local Government Expenditures by Type and Function: Annually, 1952-76—Continued
[Millions of dollars]
1961

Line

Total

Expenditures 1

Purchases
of goods
and
services

1962

Transfer
payments
and net
interest
paid less
dividends

Subsidies
less
current
surplus of
government
enterprises

Transfer
payments
and net
interest
paid less
dividends

Subsidies
less
current
surplus of
government
enter-

Expenditures 1

Purchases
of goods
and
services

Transfer
payments
and net
interest
paid less
dividends

54,373

50,786

58,028

54,296

62,767

59,030

Central executive, legislative, and
judicial activities.
Administrative, legislative, and
judicial activities.
Tax collection and financial
management.

2,905

2,905

3,023

3,023

3,161

1,263

1,263

1,304

1,304

1,377

1,377

1,642

1,642

1,719

1,719

1,784

1,784

Civilian safety..
Police
Fire
Correction

3,989
2,084
1,143
762

3,989
2,084
1,143
762

4,205
2,246

4,444
2,386
1,238

4,444
2,386
1,238

771

4,205
2,246
1,188
771

820

820

20,257
16,352
3,179
319
407

20,143
16,352
3,179
319
293

21,854
17,403
3,635
348
468

21,716
17,403
3,635
348
330

24,241
18,967
4,326
410

24,073
18,967
4,326
410
370

Health and hospitals
Health
Hospitals

4,314
691
3,623

4,299

4,575
751
3,824

4,560
747
3,813

15
4

11

4,899
804
4,095

4,883

3,611

15
3
12

4,083

12

Income support, social security,
and welfare.
Government employees retirement and disability.
Workmen's compensation and
temporary disability insurance.
Medical care
Welfare and social services

6,060

1,360

4,700

6,499

1,622

4,877

6,972

1,847

5,125

746

32

714

742

15

727

805

40

765

480

50

430

534

55

479

599

61

538

562
4,272

562
716

3,556

774
4,449

774
778

3,671

889
4,679

857

3,822

18

120

44

38

19

19

1,963
289

3,065
512

128

951
962
640

Subsidies
less
current
surplus of
government
enterprises

3,161

Education
Elementary and secondary..
Higher
Libraries
Other

Veterans benefits and services
Housing and community services...
Housing, community development, and urban renewal.
Water
Sewerage
Sanitation

688

5,915

-2,328

Expenditures 1

Purchases
of goods
and

1,188

-2,453

138

2,078
453

2,932
656

-854
-203

2,382
684

3,323
859

-941
-175

45
977
603

748
925
603

-703
52

-25
1,091
632

748
1,084
632

-773
7

-12
50

713
36
677

-675
-48
-627

-165
-25
-140

541
31
510

-706
-56
-650

906
640

800

6,491

-2,754

168
16
4

1,102
-223
-56

Recreational and cultural activities 2 .
Energy
Gas utilities
Electric utilitiesAgriculture

647

434

395

Economic development,
tion, and services.

421

414

442

687

714

714

878

878

9,477
9,074

9,966
J,447

77

87

-10

10,047
9,717
117
142
71

11,110
10,589
155
141
225

11,630
11,015

166
266

-489
-373
-46
-60

10,586

120
206

Transportation
Highways
Water
Air
Transit and railroad-

461

461

regula-

Labor training and services
Commercial activities
Publicly-owned liquor store systems.
Government-administered lotteries and parimutuels.
Other
3

Other and unallocable..




-856
-49
-807

26
621

687

Natural resources-

Net interest paid

-209
-23
-186

10,122
155
221

-539
-405
-38
-79
-17

423

388

-520
-426
-47
-90
43

202
231

182

389
-290
-264

20
-12

-26

32

-310
-252

-249
-271

-267
-256

-276
-264

-216

-255

-1

-1
1,104

959
1,748

22

1,748

1,835

- 1 1

40
1,155

1,155
2,050

2,050

Table 3.17.—State and Local Government Expenditures by Type and Function: Annually, 1952-76—Continued
[Millions of dollars]

Line

Total1

Expenditures 1

Purchases
of goods
and
services

68,540

64,592

Central executive, legislative, and
judicial activities.
Administrative, legislative, and
judicial activities.
Tax collection and financial
management.

3,391

Transfer
payments
and net
interest
paid less
dividends

Subsidies
less
current
surplus of
government
enter-

Expenditures 1

Purchases
of goods
and
services

-2,848

75,137

71,082

3.651

6,796

3,391

Civilian safety..
Police
Fire
Correction

1966

1965

1964

Transfer
payments
and net
interest
paid less
dividends

Subsidies
less
current
surplus of
government
enterprises

Expenditures 1

Purchases
of goods
and
services

-2,966

84,318

79,833

4,063

7,021

3.651

Transfer
payments
and net
interest
aid less
vidends

£

7,487

4,063

1,485

1,485

1,606

1,606

1,788

1,788

1,906

1,906

2,045

2,045

2,275

2,275

4,808
2,562
1,333
913

4,808
2,562
1,333
913

5,173
2,780
1,408
985

5,173
2,780
1,408
985

5,658
3,069
1,523
1,066

5,658
3,069
1,523
1,066

27,033
20,991
4,953
434
655

26,834
20,991
4,953
434
456

199

29,849
23,123
5.652
474
600

240

34,874
26,361
6,845
540
1,128

34,552
26,361
6,845
540

199

30,089
23,123
5.652
474
840

Health and hospitals..
Health
Hospitals

5,316
892
4,424

5,299
888
4,411

17
4

5,852
982

13

4,870

5,835
977
4,858

17
5
12

6,419
1,104
5,315

6,403
1,098
5,305

16
6
10

Income support, social security,
and welfare.
Government employees retirement and disability.
Workmen's compensation and
temporary disability insurance.
Medical care
Welfare and social services

7,565

2,157

5,408

8,149

2,468

5,681

9,301

3,136

6,165

861

43

49

861

1,023

56

967

74

594

702

79

623

1,153
1,192

4,226

1,600
5,976

1,589
1,412

11
4,564

24

Education
Elementary and secondary..
Higher
Libraries
Other

638

818

910

569

668

4,021

1,153
5,418

322

1,040
5,026

1,040
1,005

44

20

46

20

Housing and community services ...
Housing, community development, and urban renewal.
Water
Sewerage
Sanitation

2,509
385

3,631
589

-1,122
-204

2,690
390

3,849
597

-1,159
-207

2,820
535

3,956
726

136
1,295

1,009
1,340
693

-873
-45

426
1,157
717

1,324
1,211
717

-898
-54

220
1,292
773

1,138
1,319
773

Recreational and cultural activities 2 .

1,013

1,013

1,069

1,069

1,165

1,165

-44
-27
-17

831
41
790

-171
-42
-129

743
33
710

21

Veterans benefits and services-

Energy
Gas utilities
Electric utilities-

-68

-807

496

11,317
10,816
102
167
232

Transportation
Highways
Water
Air
Transit and railroadEconomic development,
tion, and services.

regula-

508

-576
-463
-54
-97

11,893
11,279
156
264
194
508

551

540

1,164

1,261

1,261

12,117
11,525
125
157
310

12,721
12,038
186
266
231

13,395
12,650
157
136
452

14,059
13,199
227
260
373

566

938

Natural resources...

486

1,164

454

Agriculture

566

628

628

544

544

-200

88
17

Net interest paid

-275
-278

-193
-252




- 6 1

-109
79

-285

72

61
1,142

1,142
2,272

-215

-294
-301

79
16

2,272

63

110
1,049

1,049
2,740

-308
- 2

- 2

- 2

3

Other and unallocable..

-604
-513

505

Labor training and services
Commercial activities
Publicly-owned liquor store systems.
Government-administered lotteries and parimutuels.
Other

-909
-75
-834

907
34
873

-875

2,740

71
947

947
3,017

3,017

Table 3.17.—State and Local Government Expenditures by Type and Function: Annually, 1952-76—Continued
[Millions of dollars]
1967

Line

1

Expenditures 1

Purchases
of goods
and
services

1968

Transfer
payments
and net
interest
paid less
dividends

Subsidies
less
current
surplus of
government
enterprises

Expenditures 1

Purchases
of goods
and

Transfer
payments
and net
interest
paid less
dividends

Subsidies
less
current
surplus of
government
enter-

Expenditures 1

Purchases
of goods
and
services

118,696

111,191

5,866

-3,161

Transfer
payments
and net
interest
paid less
dividends

10,827

Subsidies
less
current
surplus of
government
enterprises
-3,322

5,866

94,655

89,264

107,196

100,951

Central executive, legislative, and
judicial activities.
Administrative, legislative, and
judicial activities.
Tax collection and financial
management.

4,508

4,508

5,159

5,159

2,017

2,017

2,357

2,357

2,649

2,649

2,491

2,491

2,802

2,802

3,217

3,217

Civilian safety..
Police
Fire
Correction

6,257
3,434
1,625
1,198

6,257
3,434
1,625
1,198

7,303
4,157
1,831
1,315

7,303
4,157
1,831
1,315

4,555
2,028
1,486

8,069
4,555
2,028
1,486

39,286
29,140
8,104
585
1,457

38,856
29,140
8,104
585
1,027

43,259
31,944
8,955
621
1,739

42,728
31,944
8,955
621

531

48,089
35,251
10,106
682
2,050

47,459
35,251
10,106
682
1,420

630

7,348
1,277
6,071

7,332
1,269
6,063

16
8
8

8,560
1,473
7,087

8,541
1,464
7,077

19
9
10

9,658
1,720
7,938

9,637
1,712
7,925

21
8
13

11,033

4,063

6,970

13,366

5,554

7,812

15,888

6,611

9,277

1,113

64

1,049

1,163

101

1,062

1,562

116

1,446

747

81

666

798

710

867

97

770

2,272
6,901

2,231
1,687

41
5,214

3,413
7,992

71

4,024
9,435

3,942
2,456

82
6,979

Total

Education
Elementary and secondary..
Higher
Libraries
Other
Health and hospitals
Health
Hospitals
Income support, social security,
and welfare.
Government employees retirement and disability.
Workmen's compensation and
temporary disability insurance.
Medical care
Welfare and social services
Veterans benefits and services-

8,446

-3,055

430

3,035
677
397

1,353
1,076
833

Recreational and cultural activities 2 .

-1,094
-190

665

5,035
879

-1,147
-214

3,652
878

4,936
1,097

-1,284
-219

-956
52

616
1,633
974

1,606
1,576
974

-990
57

403
1,334
1,037

1,429
1,373
1,037

-1,026

1,638

1,926

1,926

-63
-42

958
42
916

1,341
924
36

Energy
Gas utilities
Electric utilities-

3,342
2,023

-963
-78
-885

-21

-1,021
-84
-937

712

700

1,395

1,344

1,344

14,218
13,220
172
214
612

14,917
13,790
250
365
512

15,534
14,254
200
294
786

16,216

-682

14,855
279
474
608

-601

regula-

698

698

757

757

Commercial activities
Publicly-owned liquor store systems.
Government-administered lotteries and parimutuels.
Other

-214

Transportation
Highways
Water
Air
Transit and railroadEconomic development,
tion, and services.

-335




63

-28

70

984
3,499

-1

47
989

-1,071
-90
-981

1,366

178

-311
-375

16,814
15,328
275
550
661
853

750

-180

16,091
14,691
196
346
858
853

-79

1,366

750

-159
-366

85
12

-723
-637
-79
-204
197

-244
-378

3,499

65

-27

-27

156

234

161

984

-14
135

12

667

-248
-376

-14

85
15

3

Other and unallocable..

667
-299
-350

610

Labor training and services

Net interest paid

-699
-570
-78
-151
100

-35
-43

761

629
1,395

Agriculture
Natural resources-

630

1,638

Housing and community services..
Housing, community development, and urban renewal.
Water
Sewerage
Sanitation

4,129
867

833

1,208

70

55

1,128

9,406

812

4,266

4,266

5,000

5,000

Table 3.17.—State and Local Government Expenditures by Type and Function: Annually, 1952-76—Continued
[Millions of dollars]
1971

Line

Total1

Expenditures 1

Purchases
of goods
and
services

Transfer
payments
and net
interest
paid less
dividends

Subsidies
less
current
surplus of
government
enterprises

Expenditures 1

Purchases
of goods
and
services

1972

Transfer
payments
and net
interest
paid less
dividends

Subsidies
less
current
surplus of
government
enter-

Expenditures 1

Purchases
of goods
and

Transfer
payments
and net
interest
paid less
dividends

133,546

124,408

150,429

138,665

164,843

151,421

Central executive, legislative, and
judicial activities.
Administrative, legislative, and
judicial activities.
Tax collection and financial
management.

6,650

6,650

7,265

7,265

7,966

7,966

3,002

3,002

3,384

3,384

3,782

3,782

3,648

3,648

3,881

3,881

4,184

4,184

Civilian safety..
Police
Fire
Correction

9,156
5,116
2,319
1,721

9,156
5,116
2,319
1,721

10,471
5,855
2,627
1,989

10,471
5,855
2,627
1.989

11,627
6,515
2,839
2,273

11,627
6,515
2,839
2,273

Education
Elementary and secondary..
Higher
Libraries
Other

54,455
39,299
11,892
751
2,513

53,682
39,299
11,892
751
1,740

60,552
43,487
13,312
807
2,946

59,596
43,487
13,312
807
1.990

956

66,265
47,326
14,774
868
3,297

65,182
47,326
14,774
868
2,214

1,083

Health and hospitals..
Health
Hospitals

10,968
2,015
8,953

10,944
2,005
8,939

24
10
14

12,847
2,642
10,205

12,820
2,631
10,189

27
16

14,077
2,925
11,152

14,045
2,912
11,133

32
13
19

Income support, social security,
and welfare.
Government employees retirement and disability.
Workmen's compensation and
temporary disability insurance.
Medical care
Welfare and social services

19,146

8,198

10,948

22,857

9,950

12,907

25,713

11,721

13,992

1,408

131

1,277

1,625

146

1,479

1,730

158

1,572

909

106

803

946

115

831

1,060

125

935

5,087
11,742

4,970
2,991

117
3,751

6,251
14,035

6,113
3,576

138
10,459

7,343
15,580

7,198
4,240

145
11,340

27

68

Housing and community services...
Housing, community development, and urban renewal.
Water.
Sewerage—
Sanitation-

3,700
978

5,172
1,225

-1,472
-247

3,899
961

5,547
1,256

-1,648
-295

3,718
556

5,628
965

66
1,471
1,185

1,187
1,575
1,185

-1,121
-104

-104
1,732
1,310

1,108
1,873
1,310

-1,212
-141

-55
1,819
1,398

2,049
1,398

Recreational and cultural activities 2 .

2,168

2,168

2,388

2,388

2,533

2,533

-13
-42
29

1,113
52
1,061

34
-51
85

1,283
46
1,237

1,391

1,391

1,369

1,369

17,257
15,842
168
421
826

17,970
16,493
252
646
579

18,911
17,066
107
274
1,464

19,457
17,804
214
586
853

1,090

1,090

1,266

1,266

-376
-416

-10

12,705

-3,567

Veterans benefits and services...

Energy
Gas utilities
Electric utilities...
Agriculture

927

Transportation
Highwaysghw
Water
Air
Transit and railroad..
Economic development,
tion, and services.

regula-

1,365

938

18,352
17,019
101
289
943

Net interest paid




17

1,006

-391

-256
-385

- 6

-279
-429

177

66

-594
-655
-93
-258
412

243

44

-323
-401

-28

72
865

865
5,190

1,083

1,216

79

-217

-48
249

17,432

966

1,102
-190

3

Other and unallocable..

-1,139
-90
-1,049

18,946
17,674
194
547
531

L a b o r training and services
Commercial activities
Publicly-owned liquor store systems.
Government-administered lotteries and parimutuels.
Other

11

1,365

1,006

-713
-651
-84
-225
247

-3,704

956

1,172
47
1,125

-1,126
-94
-1,032

846

Natural resources-

15,638

5,190

72

1,663
6,039

257
1,663

6,039

2,238
7,181

2,238
7,181

Table 3.17.—State and Local Government Expenditures by Type and Function: Annually, 1952-76—Continued
[Millions of dollars]

Line

1

Expenditures 1

Purchases
of goods
and
services

1975

1974

1973
Transfer
payments
and net
interest
paid less
dividends

Subsidies
less
current
surplus of
government
enterprises

Expenditures 1

Purchases
of goods
and
services

Transfer
payments
and net
interest
paid less
dividends

Subsidies
less
current
surplus of
government
enterprises

Expenditures 1

Purchases
of goods
and

181,597

168,467

204,558

193,077

232,205

217,184

9,153

9,153

10,516

10,516

11,928

4,394

5,013

5,013

5,733

5,733

4,759

4,759

5,503

5,503

6,195

6,195

Civilian safetyPolice
Fire
Correction

12,918
7,299
3,084
2,535

12,918
7,299
3,084
2,535

14,734

14,734

Education
Elementary and secondary
Higher
Libraries
Other

73,360
51,980
16,911
956
3,513

72,190
51,980
16,911
956
2,343

1,170

Health and hospitals
Health
Hospitals

15,733
3,404
12,329

Income support, social security,
and welfare.
Government employees retirement and disability.
Workmen's compensation and
temporary disability insurance.
Medical care
Welfare and social services

Subsidies
less
current
surplus of
government
enterprises

11,928

4,394

Transfer
payments
and net
interest
paid less
dividends

Total

Central executive, legislative, and
judicial activities.
Administrative, legislative, and
judicial activities.
Tax collection and financial
management.

17,455

-4,345

19,522

8,262

8,262

3,469
3,003

3,469
3,003

16,841
9,344
3,986
3,511

16,841
9,344
3,986
3,511

80,446
57,780
18,831
1,067
2,768

1,308

92,932
65,656
21,281
1,297
4,698

91,370
65,656

1,170

81,754
57,780
18,831
1,067
4,076

1,297
3,136

1,562

15,694
3,390
12,304

39
14
25

18,357
4,314
14,043

18,310
4,295
14,015

47
19
28

20,504
4,836
15,668

20,450
4,813
15,637

54
23
31

28,628

13,792

14,836

30,383

16,471

13,912

35,544

19,623

15,921

2,148

170

1,978

2,324

180

2,144

2,347

192

2,155

1,185

140

1,045

1,288

155

1,133

1,377

169

1,208

8,570
16,725

8,421
5,061

149
11,664

10,403
16,368

10,203
5,933

200
10,435

12,667
19,153

12,436

231
12,327

4,420
726

6,333
1,044

-1,913
-318

5,541
422

7,734
995

-2,193
-573

6,935
14

9,194
613

-2,259
-599

-102

1,225
2,491
1,573

-1,327

2,223
1,573

176
3,220
1,723

1,553
3,463
1,723

-1,377
-243

524
4,606
1,791

1,937
4,853
1,791

-1,413
-247

2,876

2,876

3,445

3,445

4,058

4,058

1,407
49
1,358

281

-59
340

1,783
46
1,737

-14

-58
53

1,681
47
1,634

1,053

Housing and community services...
Housing, community development, and urban renewal.
Water
Sewerage
Sanitation
Recreational and cultural activities 2 .
Energy
Gas utilities
Electric utilitiesAgriculture

1,034

1,167

1,147

1,336

1,314

2,092

2,092

23,406
20,070
173
233
2,930

23,257
20,846
302
639
1,470

1,531

1,531

1,467

Economic development,
tion, and services.

regula-

20,341
18,548
237
593
963

1,208

-268

-1,412
-107
-1,305

1,775

1,208

Labor training and services

-490
-409

3

1,250

Other and unallocable..




8,571

1,366

96

-400
1,236

-66

52

6,826

-1,695
-113
-1,582

149
-776
-129
-406
1,460

2,262
-645
-432

-528
-430

-421

-421
208

408

-696
-428

168

-506

356

11

126

126
8,571

-112

159

170

-10

-734

1,473

-486
-421

-347

-347
266

1,775

1,626
105
9

-1,502
-105
-1,397

23,273
21,034
272
763
1,204

-595
-418

1,345

Commercial activities
Publicly-owned liquor store systems.
Government-administered lotteries and parimutuels.
Other

-425
-766
-109
-365
815

23,263
20,300
160
363
2,440
1,366

1,467

19,916
17,782
128
228
1,778

Natural resourcesTransportation
Highways
Water
Air
Transit and railroad-

1,562

21,281

307

Veterans benefits and services....

Net interest paid

-4,350

10,403

10,403

1,221
11,942

- 2

-506
238

170
1,221

Table 3.17.—State and Local Government Expenditures by Type and Function: Annually, 1952-76—Continued
[Millions of dollars]
1976
Line
Expenditures
1

1

Transfer payments and net interest
paid less dividends

Purchases of goods and services
251,206

232,926

Central executive, legislative, and
judicial activities.
Administrative, legislative, and
judicial activities.
Tax collection and financial
management.

12,826

12,826

6,320

6,320

6,506

6,506

Civilian safety..
Police
...
Fire
Correction

18,569
10,247
4,323
3,999

18,569
10,247
4,323

100,385
71,403
22,607
1,338
5,037

98,646
71,403
22,607
1,338
3,298

1,739

Health and hospitals..
Health
Hospitals

22,170
5,279
16,891

22,097
5,252
16,845

73
27
46

Income support, social security,
and welfare.
Government employees retirement and disability.
Workmen's compensation and
temporary disability insurance.
Medical care
Welfare and social services

39,408

Subsidies less current surplus of
government enterprises

Total

Education
Elementary and secondary..
Higher
Libraries
Other

23,119

-4,839

1,739

17,039

2,319

213

2,106

1,582

185

1,397

14,416
21,091

14,164
7,807

252
13,284

75

43

Housing and community services...
Housing, community development, and urban renewal.
Water
Sewerage
Sanitation

7,529
-85

9,701
554

-2,172
-639

429
5,290
1,895

1,830
5,422
1,895

-1,401
-132

Recreational and cultural activities 2 .

4,348

4,348

Energy
Gas utilities
Electric utilities-

-255
51
-306

1,641
173
1,468

Agriculture

1,408

1,384

Natural resources-

2,440

2,440

21,928
19,490
57
-146
2,527

21,952
20,304
204
298
1,146

regula-

1,661

1,661

Labor training and services

2,742

1,846

Commercial activities
Publicly-owned liquor store systems.
Government-administered lotteries and parimutuels.
Other

-616

131
-25

Veterans benefits and services....

Transportation
Highways
Water
Air
Transit and railroadEconomic development,
tion, and services.

Net interest paid

-433

-122

-1,774

-24
-814
-147
-444
1,381

-747
-408
-596

-596
413

156

3

Other and unallocable..

-1,896

13,272

257
3,316

3,316
13,272

1
Total expenditures include employee compensation on a disbursement basis. Expenditures by type and function include employee compensation on an accrual basis. Wage accruals less
disbursements (in millions of dollars) is zero except as follows: 1971, 170; 1972, - 1 5 0 ; and 1973, - 2 0 .
2
Prior to 1968, State government recreational expenditures are included in natural resources.
3
Excludes interest received by social insurance funds, which is netted against expenditures for the appropriate functions.




Table 3.1&A.—Relation of Federal Government Receipts and Expenditures in the National Income and Product Accounts to the Consolidated Cash
Statement, Fiscal Years: 1952-67
[Billions of dollars]
Line

1952

1953

1954

1955

1956

1957

1958

1959

1960

1961

1962

1963

1964

1965

1966

1967

Receipts
'"•Cash receipts from the public

1

68.0

71.5

71.6

67.8

77.1

82.1

81.9

81.7

95.1

97.2

101.9

109.7

115.5

119.7

134.5

153.6

Less: Coverage differences:
District of Columbia
Other1
Financial transactions
Miscellaneous 2

2
3
4
5

.1
.0
.3
.1

.1
.0
.3
.0

.1
.0
.3
.3

.2
.0
.3
.5

.2
.0
.4
.4

.2
.1
.5
.2

.2
.1
.4
.3

.2
.1
.7
.2

.2
.1
.6
.4

.2
.1
1.1
.1

.2
.1
.4
.1

.3
.1
.7
.2

.3
.1
.5
.1

.3
.1
.3
.2

.3
.1
.3
.3

.3
.1
.6
1.0

Plus: Netting differences:
Contributions to government employees 6
retirement funds.
7
Other3

.9

.8

.5

.5

.9

1.2

1.3

1.5

1.5

1.7

1.8

1.9

2.0

2.2

2.3

2.5

-1.4

-1.1

-1.1

-1.2

-1.5

-1.2

-1.3

-1.3

-1.3

-1.3

-1.2

-1.9

-1.8

-1.4

-1.9

-1.7

-2.3
-.1

-1.9
.0

-4.1
-.1

.8
.1

.4
.1

-.7
.0

-2.8
.0

3.7
.2

-.2
.1

-1.7
.1

1.5
.5

.9
-.1

1.3
-.2

.4
.0

-.9
.0

-5.4
-.1

.4

.3

-.1

.2

.3

.3

.0

.5

.6

.2

.3

.4

-.5

.1

-.1

.1

.1
-.1

.1
.1

-.3
.0

.1
.1

.0
.0

.2
.0

-.1
.0

.1
.0

.1
.1

.0
.0

.1
.1

.0
.1

.1
.1

-.1
.0

-.4
.0

-.8
.0

Timing differences:
8
Corporate income tax
Federal and state unemployment insur- 9
ance taxes.
Withheld personal income tax and social 10
security contributions.
11
Excise taxes
12
Other
13

.0

.0

.0

.0

.0

.0

.1

.1

.1

.1

.0

.1

.1

.0

.4

-.1

14

65.2

69.4

65.8

67.4

76.3

81.0

78.1

85.4

94.8

95.0

104.0

110.0

115.6

120.0

132.7

146.0

Cash payments to the public

15

68.0

76.8

71.9

70.5

72.5

80.0

83.5

94.8

94.3

99.5

107.7

113.8

120.3

122.4

137.8

155.1

Less: Coverage differences:
District of Columbia
Federal Home Loan banks and Federal
Land banks.
Other 4

16
17

.1
-.3

.1
.0

.1
-.3

.2
.2

.2
.4

.2
.1

.2
-.5

.3
1.1

.3
.4

.3
-.3

.3
1.1

.3
.5

.3
1.8

.4
1.2

.4
1.8

.4
-3.0

18

.1

.1

.1

.1

.1

.2

.2

.2

.2

.1

.2

.2

.2

.2

.3

.3

19
20

1.7
.0

1.1
.0

-1.7
.1

1.4
.4

1.3
.8

2.9
1.4

2.2
.9

3.1
1.0

2.2
1.1

1.2
1.3

2.2
1.1

.7
1.2

1.8
.9

2.5
.9

2.7
.5

2.3
.0

Timing differences:
Checks outstanding and certain other ac- 21
counts.

.4

.2

.1

.1

-.2

.6

-.6

.1

.3

-.3

-.5

.1

-.9

.9

.9

.6

22

-.1

-.2

.3

.5

.3

.2

.4

.3

.1

.3

-.2

.3

.1

.6

.2

.4

Plus: Netting differences:
Contributions to government employees 23
retirement funds.
24
Other 3

•9

.8

.5

.5

.9

1.2

1.3

1.5

1.5

1.7

1.8

1.9

2.0

2.2

2.3

2.5

-1.4

-1.1

-1.1

-1.2

-1.5

-1.2

-1.3

-1.3

-1.3

-1.3

-1.2

-1.9

-1.8

-1.4

-1.9

-1.7

Miscellaneous
Equals: Federal Government receipts, national
income and product accounts.
Expenditures

Financial transactions:
Net lending
Net purchases of foreign currency

Miscellaneous 5

Timing differences:
Purchases of goods and services (increase
in payables net of advances) 6 .
Interest
Transfer payments
Subsidies less current surplus of government enterprises.
Miscellaneous 7

25

-.7

.1

.2

-.4

-.1

.3

1.7

.5

.3

.3

.4

-.5

-1.2

.8

-.3

-.8

26
27
28

.8
.0
.0

.7
.0
.0

.6

.5
.0
-.1

.5
.0
-.2

.4
.0
.2

.3
.0
-.1

.9
.0
-.1

.5
.1
.0

.2
-.2
.0

.7
.3
.3

.9
.1
.1

.9
.0
.4

.8
.0
-.1

.8
.0
.2

.7
.1
-.1

.1

.2

29

.5

-.1

.8

.1

.7

• .6

.3

.9

.5

.5

.6

.6

.7

.4

.7

.1

Equals: Federal Government expenditures, na- 30
tional income and product accounts.

66.0

75.9

74.3

67.2

70.0

76.0

82.8

91.2

91.3

98.1

106.2

111.7

117.2

118.5

132.7

154.9




Table 3.18A.—Relation of Federal Government Receipts and Expenditures in the National Income and Product Accounts to the Consolidated Cash
Statement, Fiscal Years: 1952-67—Continued
[Billions of dollars]
1960

1959
Line
III

I

IV

II

1961
III

IV

I

II

1962
IV

III

I

II

1963
III

IV

I

II

III

IV

Receipts
Cash receipts from the public

1

21.4

19.4

25.8

28.5

23.4

20.6

24.8

28.5

23.4

21.3

26.2

31.0

26.0

23.0

28.2

32.6

27.3

24.5

Less: Coverage differences:
District of Columbia
Other 1
Financial transactions
Miscellaneous 2

2
3
4
5

.0
.0
.1
.0

.1
.0
.2
.0

.0
.0
.2
.1

.1
.0
.1
.2

.0
.0
.1
.0

.1
.0
.2
.0

.1
.0
.2
.0

.1
.0
.6
.0

.0
.0
.2
.0

.1
.0
.1
.0

.1
.0
.1
.0

.1
.0
.1
.0

.0
.0
.5
.1

.1
.0
.1
.0

.1
.0
.0
.0

.1
.0
.1
.1

.1
.0
.2
.0

.1
.0
.1
.0

.4

.4

.4

.4

.5

.4

.4

.4

.4

.4

.4

.5

.4

.5

.5

.5

.5

.5

-.2

-.4

-.3

-.5

-.3

-.4

-.3

-.4

-.2

-.4

-.3

-.4

-.3

-.6

-.4

-.5

-.4

-.6

1.3
-.2

1.4
-.1

-1.9
.3

-1.0
.0

.6
-.2

.7
-.1

-2.3
.4

-.6
.0

1.4
-.2

2.1
-.1

-1.6
.7

-.4
.1

1.1
-.2

1.5
-.1

-1.7
.1

.0
.1

1.7
-.2

1.9
-.1

-.2

.4

.1

.3

-.3

.1

.1

.3

-.3

.2

.4

.1

-.6

-.1

1.1

.0

-.5

.1

.1
.0

-.2
.0

.1
.0

-.1
.0

.2
.0

-.1
.0

-.1
.0

-.1
.0

.2
.0

-.2
.0

.1
.0

-.1
.0

.2
.0

-.2
.0

.2
.0

Plus: Netting differences:
Contributions to government employees 6
retirement funds.
7
Other 3
Timing differences:
8
Corporate income tax
Federal and state unemployment insur- 9
ance taxes.
Withheld personal income tax and social 10
security contributions.
11
Excise taxes
12
Other

-.1
.0

.1
.0

.1
.0

13

.0

.0

.1

-.1

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

14

22.1

21.0

24.3

27.3

23.3

21.2

22.8

27.7

24.1

23.5

25.7

30.8

25.7

24.1

27.6

32.7

27.8

26.4

15

24.4

23.9

22.0

24.1

24.2

24.5

23.4

27.4

26.7

27.2

25.9

27.9

28.5

29.6

26.5

29.1

31.0

30.6

16
17

.1
.5

.1
.3

.1
-.6

.1
.1

.1
-.1

.1
.1

.1
-.7

.1
.4

.1
.4

.1
.4

.1
-.4

.1
.7

.1
.5

.1
.3

.1
-1.1

.1
.8

.1
1.1

.1
.6

18

.0

.1

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.1

.1

.0

.0

.1

.1

19
20

1.1
.3

.1
.2

.4
.3

.7
.3

.4
.2

-.2
.3

.1
.4

.9
.4

1.6
.2

-.2
.3

.4
.3

.5
.4

.8
.3

-.4
.2

-.1
.3

.4
.4

.7
.2

-.1
.3

Timing differences:
Checks outstanding and certain other ac- 21
counts.

.7

.1

-.5

.0

.0

.2

-.8

.3

-.4

-.6

-.3

.5

.5

-.8

-.2

.8

.0

22

-.2

-.1

.2

.2

.1

.0

.1

.2

.2

.0

-.3

.1

-.2

.2

.3

-.1

.0

Plus: Netting differences:
Contributions to government employees 23
retirement funds.
24
Other 3

.4

.4

.4

.4

.5

.4

.4

.4

.4

.4

.5

.4

.5

.5

.5

.5

.5

-.2

-.4

-.3

-.5

-.3

-.4

-.3

-.4

-.2

-.3

-.4

-.3

-.6

-.4

-.5

-.4

-.6

25

.0

.3

-.1

.0

.2

.1

.1

-.1

.2

.0

-.1

.0

.2

-.2

-.5

.1

.2

26
27
28

.4
.1
-.1

.2
.0
.1

.1
.0
.0

-.2
.0
.1

-.1
.0
-.1

.2
.0
.1

-.2
.0
.0

.3
-.2
.0

-.3
.2
.0

.5
.0
-.1

-.1
.0
.3

.4
.0
.0

.1
.0
-.1

.3
.0
.0

.1
.0
.2

.3
.0
.2

.3
.0
-.3

Miscellaneous
Equals: Federal Government receipts, national
income and product accounts.
Expenditures
Cash payments to the public
Less: Coverage differences:
District of Columbia
Federal Home Loan banks and Federal
Land banks.
Other 4
Financial transactions:
Net lending
Net purchases of foreign currency

Miscellaneous 5

Timing differences:
Purchases of goods and services (increase
in payables net of advances) 6 .
Interest
Transfer payments
Subsidies less current surplus of government enterprises.
Miscellaneous 7

29

.1

.1

.1

.1

.1

.1

.1

.1

.2

Equals: Federal Government expenditures, na- 30
tional income and product accounts.

22.6

23.9

22.3

22.5

23.7

24.5

24.5

25.3

25.0

-.1




.1
27.1

.2

.1

.1

.1

.2

.2

.1

26.9

27.2

27.0

29.3

28.1

27.3

28.9

29.8

Table 3.18A.—Relation of Federal Government Receipts and Expenditures in the National Income and Product Accounts to the Consolidated Cash
Statement, Fiscal Years: 1952-67—Continued
[Billions of dollars]
1964

1965

1966

1967

Line
I

II

III

I

IV

II

III

IV

I

II

III

IV

I

II

III

IV

Receipts
Cash receipts from the public

1

30.3

33.4

27.0

24.3

30.7

37.7

29.2

25.9

33.3

46.2

34.6

31.1

38.0

49.9

35.9

32.5

Less: Coverage differences:
District of Columbia
Other 1
Financial transactions
Miscellaneous 2

2
3
4
5

.1
.0
.1
.0

.1
.0
.1
.0

.1
.0
.1
.0

.1
.0
.1
.1

.1
.0
.1
.0

.1
.0
.1
.0

.1
.0
.1
.0

.1
.0
.1
.0

.1
.0
.1
.1

.1
.0
.1
.2

.1
.0
.1
.1

.1
.0
.3
.1

.1
.0
.1
.1

.1
.0
.0
.7

.1
.0
.1
.0

.1
.0
.1
.1

Plus: Netting differences:
Contributions to government employees 6
retirement funds.
7
Other 3

.5

.5

.6

.5

.5

.5

.6

.5

.6

.6

.7

.6

.6

.6

.7

.7

-.5

-.3

-.3

-.5

-.3

-.3

-.3

-.4

-.5

-.6

-.5

-.5

-.3

-.4

-.2

-.3

-1.7
.1

-.5
.0

1.5
-.2

1.6
-.1

-1.6
.4

-1.2
.0

1.4
-.3

2.2
-.1

-1.2
.4

-3.4
.0

1.4
-.2

1.8
-.1

-1.4
.3

-7.2
-.1

1.4
-.2

2.3
-.1

-.1

.1

-.5

.1

.4

.1

-.2

.1

1.3

-1.4

-1.3

.6

.9

.0

-.2

-.3

-.1
.0

.3
.0

-.2
.0

.1
.0

.1
.0

-.1
.0

-.5
.0

.2
.0

-.4
.0

.3
.0

-.2
.0

.1
.0

-.7
.0

.0
.0

-.1
.0

.0
.0

13

.0

.0

.1

-.1

.0

.0

.0

.0

.2

.2

-.1

-.1

.1

.0

.0

.1

14

28.3

33.1

27.8

25.7

29.9

36.6

29.7

28.1

33.5

41.4

34.1

32.8

37.2

41.8

37.0

34.5

Cash payments to the public

15

28.7

30.1

30.9

30.6

28.3

32.6

33.1

34.0

34.6

36.2

41.3

38.8

36.7

38.4

45.1

43.5

Less: Coverage differences:
District of Columbia
Federal Home Loan banks and Federal
Land banks.
Other 4

16
17

.1
-.5

.1
.5

.1
.3

.1
.3

.1
-.3

.1
1.0

.1
.5

.1
.2

.1
.0

.1
1.2

.1
.8

.1
-.6

.1
-2.0

.1
-1.2

.1
.6

.1
.3

18

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

.1

19
20

.7
.0

.5
.4

1.0
.2

-.3
.2

.1
.2

1.8
.3

.4
-.1

.6
.3

1.6
.2

.2
.1

2.2
-.2

1.0
.1

-.4
.0

-.5
.0

1.9
.4

.2
.1

Timing differences:
Checks outstanding and certain other ac- 21
counts.

-.2

-1.4

1.2

.4

.0

-.7

.8

.4

-.3

.0

1.1

.3

-.8

.0

.0

.5

22

.1

.1

.1

.0

.0

.6

.2

-.1

.0

.1

.2

.0

-.1

.3

.1

.1

Plus: Netting differences:
Contributions to government employees 23
retirement funds.
Other 3
24

.5

.5

.6

.5

.5

.5

.6

.5

.6

.6

.7

.6

.6

.6

.7

.7

-.5

-.3

-.3

-.5

-.3

-.3

-.3

-.4

-.5

-.6

-.5

-.5

-.3

-.4

-.2

-.3

25

-.2

-1.3

.9

.4

-.2

-.2

— .1

.3

-.4

-.1

-.3

.2

-.9

.3

-1.6

.4

26
27
28

.3
.0
.1

.1
.0
.5

.3
.0
-.1

.1
.0
-.1

.3
.0
.1

.1
.0
.1

.1

.4
.0
.1

.2
.0
-.1

.1
.0
.1

.5
.0
.3

.3
.0
-.3

.2
.0
-.1

-.3
.0
.0

.7
.0
.3

.3
.0
.1

Timing differences:
8
Corporate income tax
Federal and state unemployment insur- 9
ance taxes.
Withheld personal income tax and social 10
security contributions.
11
Excise taxes
12
Other
Miscellaneous
Equals: Federal Government receipts, national
income and product accounts.
Expenditures

Financial transactions:
Net lending
Net purchases of foreign currency

Miscellaneous

5

Timing differences:
Purchases of goods and services (increase
in payables net of advances) 6 .
Interest
Transfer payments
Subsidies less current surplus of government enterprises.
Miscellaneous 7

.1

29