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SURVEY OF CURRENT BUSINESS

6

May 1959

Table 1—18.—Relation of Gross National Product, National Income,
and Personal Income, Seasonally Adjusted Quarterly Totals
at Annual Rates, 1957-58, and First Quarter 1959

The numbering of the following tables conforms to that used
in U.S. Income and Output, recently issued as a supplement to
the SURVEY (see announcement on the back cover of this issue).
This volume presents a full explanation of the new quarterly
reporting system, as well as data for 1946-57.

[Billions of dollars]

Table 1-3.—Gross National Product or Expenditure, Seasonally
Adjusted Quarterly Totals at Annual Rates, 1957-58, and First
Quarter 1959
[Billions of dollars]
19 58

19 57

1959

1958
IV

III

I

III

II

IV

I

Gross national product

440.3 437.7 445.6 438.9 427.1 430.4 439. 8 453.0 467.0

Personal consumption expenditures

284.4 290.6 288.3 287.2 286.2 288.3 291.5 295.9 300.5

39 9 36.8 40.4 39.6 36.3 35.6 36.1 38.9 40 1
138.0 141.9 140.5 138.8 139.8 141.4 142.9 143.3 145 2
-- 106.5 111.9 107.4 108.7 110.1 111.3 112.5 113.6 115 1

Durable goods
Nondurable goods. _
Services -

Gross private domestic investment

65.3

54.4

66.7

61.5

50.9

50.7

54.5

61.6

70 2

New construction
Residential nonfarm.
Other

36.5
17.0
19.5

36.5
17.8
18.7

36.6
16.9
19.7

37.1
17.6
19.6

36 3
17.1
19.2

34.9
16.2
18.7

36.3
17.9
18 4

38.6
20.1
18 5

40 0
21.7
18 3

Producers'
ment

27.9

22.6

28.0

26.7

22.9

22.3

22.3

23.0

24 5

2.2 -2.3 -8.2 -6.5 —4 2
1.3 -3.1 -9.3 -7.8 -5.4

.0
-.9

5 7
50

durable
-

equip-

Change in business inventories— total
Nonfarm only _ _
Net export of goods and services

1.0 -4.7
.2 -5.8
4.9

1.4

4.8

3.3

1.7

1.7

1.7

.4

-.3

Exports
Imports
Government purchases of goods
and services

26.0
21.0

22.3
20.9

26.0
21.2

24.9
21.6

21.9
20.2

22.4
20.8

22 8
21.2

22 1
21.7

21 5
21 8

85.7

91.2

85.8

86.9

88.3

89.7

92 0

95 2

IV

51.7
44.4
7.6
.3

49.7
44.9
5.2

49.1
43.9
5.7
.5

49.7
43.7
6.3
.3

50.7
44. 1
6.9
.3

52.2
44.5
8.0
.3

54.2
45 3
9.2
.3

36.3

39.6

36.1

37.8

38.6

39.1

39.9

41 0

Plus: Subsidies less current surplus of government enterprises
Equals: National income
Less: Corporate profits and inventory valuation adjustment
Contributions for social
insurance
Excess of wage accruals
over disbursements
Plus: Government transfer
payments to persons
Net interest paid by
government
Dividends
Business transfer payments
Equals: Personal income

II

III

IV

I

440.3 437.7 445.6 438.9 427.1 430.4 439.8 453.0 467.0

37.7

39.6

38.1

38.5

38.9

39.3

39.7

40.4

41.0

37.6

38.6

37.9

37.7

38.0

38.3

38. 6

39.4

40.4

1.6
1.6
. 7 -1.5

1.6
.7

1.6
1.6
1.6
1.6
.7 -1.5 -1.2 -3.0

1.6
-.3

1.6
n.a.

1.3

1.3

1.2

1.6

1.4

364.0 360.8 368.7 361.5 351.7 353.9 364.3 373.5

n.a.

1.5

1.6

1.5

1.5

41.9

36.4

43.1

38.8

31.3

32.5

38.0

44.0

n.a.

14.2

14.4

14.3

14.2

14.2

14.2

14.7

14.6

16.4

.0

.0

.0

.0

.8

.8 -1.5

.0

.0

24.6
19.9

24.3

20.0

21.3

22.5

25.2

24.9

24.3

6.2
12.4

6.2
12.3

6.2
12.7

6.2
12.0

6.2
12.5

6.2
12.4

6.2
12.5

6.2
11.8

6.2
12.5

1.6

1.6

1.6

1.6

1.6

1.6

1.6

1.6

1.6

347.9 354.4 351.8

349.7 348.3 351.3 358.6 359.5 365.7

n.a.—Not available.

54 3
45 8
8 8
.3

State and local

Less: Capital consumption allowances
. _Indirect business tax and
nontax liability. _ _
Business transfer payments
_ _
Statistical discrepancy

I

96 6

Federal
National defense
Other
Less: Government sales

49.4
44.3
5.5
.4

Gross national product

1959

1958
III

1957

19 58

19 57

1957

42 3

Table II-2.—Personal Income and Its Disposition, Seasonally
Adjusted Quarterly Totals at Annual Rates, 1957-58, and First
Quarter 1959
[Billions of dollars]

1957

III

Personal income
Table 1-5.—Gross National Product or Expenditure, Seasonally
Adjusted Quarterly Totals at Annual Rates, in Constant Dollars,
1957-58, and First Quarter 1959
[Billions of 1954 dollars]

1957

1957
III

Gross national product

19 58

1959

1958
IV

I

II

III

IV

I

407.0 395.4 409.1 401.2 387.5 388.8 396.9 407.7 418.1

Personal consumption expend! 270.3 269.9 272.9 270.4 266.7 267.4 270.5 274.3 277 9
tures
Durable goods _.
Nondurable goods
Services

38.1 34.8 38.5 37.6 34.6 33.9 34.2 36.6 37.6
132 7 133 5 134.4 132.4 131.5 132 4 134 5 135 5 137 2
99.4 101.5 100.0 100.3 100.5 101.1 101.8 102.2 103 1

19 57

Wage and salary disbursements
_
Commodity-producing industries
Manufacturing only
Distributive industries
Service industries
Government
Other labor income __

19 58

1958
IV

I

II

1959

III

IV

I

347 9 354 4 351 8 349 7 348 3 351 3 358 6 359 5 365 7

238.1 237.1 240.5 238.0 233.7 233.5 239.9 241.3 247 3
102.2

80.6
63.3
32.6
40. 1

97.3 102.9 100.8
76.4 81.1 79.4
63.3 64.1 63.6
33.6 32.8 33.0
42.8 40.6 40.6

96.3
75.7
63.3
33.2
41.0

95.7
74.7
62.7
33.5
41.7

97.6
76.6
63.5
33.8
45.0

99.6 103 1
78.4 81.7
63.9 65.3
34.1 34. 7
43.7 44 2

8.9

9.1

9.1

9.2

9.0

8.9

9.1

9.3

9.5

Proprietors' income
Business and professional. ._
Farm

43.0
31.4
11.6

45.2
31.0
14.2

43.5
31.7
11.8

42.8
31.3
11.5

44.3
30.6
13.7

45 6
30.7
14.9

45 5
31.1
14.4

45.5
31.8
13.7

45 9
32.4
13 4

Rental income of persons
Dividends
_ _
Personal interest income

11.8
12.4
18.8

12.2
12.3
19.4

12.0
12.7
19.0

12.2
12.0
19.1

12.1
12.5
19.3

12.1
12.4
19.3

12.2
12.5
19.4

12.3
11.8
19.5

12.5
12 5
19.8

Transfer payments _..
Old-age and survivors insurance benefits
_-State unemployment insurance benefits
Veterans' benefits
Other

21.5

25.9

21.6

22.9

24.2

26.2

26.8

26.5

26 0

7.3

8.6

7.5

7.8

7.9

8.7

8.8

8.9

9.5

1.8
4.3
8.0

4.0
4.5
8.9

1.7
4 3
8.1

2.4
4.5
8.3

3.0
4.5
8.7

4.0
4 5
8.9

4.8
4 5
8.8

4.2
4 4
9.0

2 8
4 4
9 2

Less: Personal contributions
tions for social insurance

6.6

6.7

6.7

6.6

6.7

6.7

6.9

6.8

7.7

42.7
37.4
5.4

42.8
37.0
5.8

43.1
37.7
5.4

43.0
37.5
5.5

42.3
36.6
5.7

42.3
36.5
5.8

43.5
37.6
5.9

43.7
37.8
5.9

44.8
38.6
6.2

Gross private domestic investment

57.8

47.4

58.4

54.0

44.5

44.1

47.4

53.4

60.2

New construction
Residential nonfarm. _ _
Other

32.3
15.5
16.9

31.8
16.1
15.7

32.1
15.2
16.9

32.5
15.9
16.6

31.6
15.4
16.2

30.3
14.7
15.6

31.7
16.2
15. 5

33.4
17.9
15.5

34.2
19.2
15.0

24.1

19.1

24.0

22.7

19.4

18.8

18.8

19.3

20.3

Less: Personal tax and nontax
payments
Federal
State and local
.

2 3 — 1 3 —6 5
50
31
.8 -2.7 -8.2 -6.9 -4.9

.8
-.8

5 7
4.3

Equals: Disposable personal income

305.1 311.6 308.7 306.8 306.1 309.0 315.1 315.8 320.9

-.9 -1.9

Less: Personal consumption expenditures

284.4 290.6 288.3 287.2 286.2 288.3 291.5 295.9 300.5

Producers' durable equipment
Change in business inventories—tot al
Nonfarm only
_.
Net exports of goods and services
Government purchases of goods
and services
Federal
State and local .-_




1 4 —3 5
.1 -5.2
3.9

.1

3.7

2.0

.4

.3

.5

75.0

78.1

74.1

74.8

75.9

76.9

78.4

80.9

81.8

42.7
32.3

43.8
34.2

42.3
31.8

41.8
33.0

42.3
33.6

43.2
33.8

44.0
34.4

45.8
35.1

45.7
36.0

Equals: Personal saving
Addendum: Disposable personal income in constant (1954)
dollars

20.7

21.0

20.4

19.6

19.9

20.7

23.6

19.9

20.4

290.1 289.3 292.1 288.9 285.2 286.7 292.3 292.6 296.8

SURVEY OF CURRENT BUSINESS

7

Table II-6.—Personal Consumption Expenditures by Major Type,
Seasonally Adjusted Quarterly Totals at Annual Rates, 1957-58
and First Quarter 1959

Table IV-2. Foreign Transactions in the National Income
Accounts, Seasonally Adjusted Quarterly Totals at Annual Rates,
1957-58, and First Quarter 1959

[Billions of dollars]

[Billions of dollnrs]

19 57
1957

TV

III

I

II

III

IV

.

Services, total _. _
Housing
Household operation
Transportation
Other

39.9
17. 1
17.3
5,5

36.8
14. 1
17.1
5.6

40.4
17.3

39.6
17.1

17.5
5.6

17.0
5.5

36.3
13.6
17.1
5.5

35.6
13.5

36 1
13 2

16. 6
5.5

17.3
5.6

38 9
15.9

17.4
5.6

1957

1958

I

40.1
17. 1

,0

138.0 141.9 140.5 138.8 139.8 141 4 142 9 143 3 145 2
75.6 78.3 77. 1 76.2 77.5 78.6 78 5 78 6 79.5
24.6 24.5 25.1 24.4 23.9 24. 0 24.8 24.9 25.2
10 2 10 4 10.3 10.2 10.3 10 3 10 5 10 7 10 8
27.5 28. 7 28.0 28.0 28.1 28. 5 29.1 29.2 29.7
106.5 111.9 107.4 108.7 110.1 111.3 112.5 113.6 115.1
35 4 37 1 35 7 36 3 36 6 36 9 37 2 37 5 37 8
15 8 16.9 15.8 16.2 16.4 16. 7 17.0 17.2 17.5
9.4
9.5
9.2
9.1
9.1
9.2
9.2
9.0
9.0
46.4 48.7 46.7 47.2 47.9 48.5 49.0 49.5 50.3

IV

I

11

III

IV

I

Receipts from abroad

26.0

22.3

26.0

24.9

21.9

22.4

22.8

22.1

Exports of goods and services - .

26. 0

22.3

26.0

24. 9

21.9

22.4

22.8

22. 1

21.5

26.0

22.3

26.0

24.9

21.9

22.4

22.8

22 i

21.5

21.0

20. 9

21.2

21.6

20. 2

20.8

21.2

21. 7

21. s

1.5

1.3
2

1.2
3.6

1.4
1.9

1.2
.5

1.2

1.3
1.2
.5 — 1.0

l.-l
-1 7

Payments to abroad.

17.4
5.7

195'J

19 58

19 57

1959

284. 4 290.6 288.3 287.2 286.2 288.3 291.5 295.9 300.5

Goods and services, total
Durable goods, total
Automobiles and parts. _
Furniture and household
equipment
_ _ _
Other
Nondurable goods, total
Food and beverages
Clothing and shoes. _
Gasoline and oil
Other...
.. .

19 58

1958

Imports of goods and services
Net transfer payments by
Government
Net foreign investment

3 5

.5

21.5

Table V-2.— Sources and Uses of Gross Saving, Seasonally Adjusted
Quarterly Totals at Annual Rates, 1957—58, and First Quarter
of 1959
[Billions of dollars]

19 58

19
1957

Table III-3.—Government Receipts and Expenditures, Seasonally
Adjusted Quarterly Totals at Annual Rates, 1957-58, and First
Quarter 1959
[Billions of dollars]

1957

IV

I

II

III

IV

Personal saving
Undistributed corporate prof-

I

Corporate inventor v valuation adjustment
Capital consumption allowance
Excess of wage accruals over
disbursements

79.0

83.3

80.6

76.1

76.1

80.2

83.9

n.a.

37.4
20.7

37.0
17.8

37.7
21.0

37.5
19.0

36.6
15.4

36.5
15.6

37.6
18.4

37.8
21.9

38. 6
n. a.

12 2

11 9

12.3

12.0

12.0

11.9

11.7

11.8

12.1

12.2

12.3

12.4

12.2

12.1

12.1

12.5

12.4

14.2

Federal Government expenditures

79.6

87.3

79.9

80.8

82.8

86.0

88.7

91.4

90.5

Purchases of goods and services
Transfer payments
To persons
Foreign (net)

49 4
17.3
15 9

51 7
21.2
20 0

49.7
17.1
15 9

49.1
18.6
17.2

49.7
19.5
18.3

50.7
21.5
20 3

52.2
22.2
20.9

54.2
21.8
20.5

54.3
21.2
19.8
1.4

6.2

Federal Government receipts. _ _ 82.5
Personal tax and nontax receipts
Corporate profits tax accruals .
Indirect business tax and nontax accruals
Contributions for social insurance
-

Grants-in-aid to State and
local governments
...
Net interest paid
Subsidies less current surplus
of government enterprises. _.
Surplus or deficit (— ) on income
and product account
State and local government receipts. .
Personal tax and nontax receipts
Corporate profits tax accruals Indirect business tax and nontax accruals
Contributions for social insurance
Federal grants-in-aid
State and local government expenditures
Purchases of goods and services
Transfer payments to persons.
I.ess: Current surplus of goverment enterprises
Surplus or deficit (— ) on income
and product account

its

Government surplus on income
and product transactions
Federal . . . . _ . . . _
State and local

. .

1.3

1.2

1.4

1.2

1.2

1.2

4.1

5.2

4.3

4.4

4.4

4.8

5.4

1.3

5.6

5.7

5.7

5.7

5.7

5.7

5.6

5.6

6.0
5.7

3.1

3.4

3.1

3.1

3.4

3.4

3.4

3.5

3.4

2 9 —8 3

3 4 — 2

— 6 6 — 10 0

a
8 6 . — 7 4 — 1.8

37.8

40.8

38.3

38.5

38.9

39.8

41.2

43.1

n.a.

5.4
1.0

5. 8
.9

5.4
1.0

5.5
.9

5.7

5.8

5.9
.9

5.9
1. 1

6.2
n. a.

25.4

26. 7

25. 6

25.7

25. 9

26.4

26.9

27 6

28.2

2. 1

2.0
4.3

2.1
4.4

2.1
4.8

2.2
5.4

2.2
6.2

2.2
6. 0

2.0

4 1

5.2

2.0
4.4

39.0

42.5

38.9

40.6

41.6

42.1

42.8

44.0

45.5

36.3
4.0
5

39.6
4.3
(}

36. 1
4.0
.5

37.8
4.1
6

38.6
4.3
.6

39. 1
4.3
.6

39.9
4.3
.6

41.0
4.4
.6

42.3
4.6
.6

18

19

18

18

1.8

19

19

2.0

2.0

-.9

a-1.7

— 1 2 — 1.7

—.6 -2.1 -2.7

2.2 -1.6

n.a.—Not available.
a
Estimate based on incomplete data.

in the opening months of 1959 brought total compensation
to a record rate of over $265 billion for the first quarter.
This represented an increase of $15 billion over the recession
low.
Increases in average hourly earnings, which continued



II

111

IV

I

66 0

66.8

64.9

62.3

64.5

68.1

69.1

n.a.

20 7

21 0

20 4

19 6

19 9

20 7

23 6

19 9

20.4

5 7

9 4

6 1

10 3

n a.

9 4
—1 5

S 0

3 1

3 3

— 2 —1 1 —1 1

— 3

5

38 9

39 3

37 7

39 0

38 1

38 5

o

o

0

0

1.7 -10.0
2.9 —8 3
—1 2 —1 7

2.8 -2.3
3.4

2 —12

n a.

40.4

41.0

8 —1 5

^

39 7

0

.0

-9.3 -12.1 -10.1 -8. 4 »-3. 5

— .2 -6.6 -10.0 -8.6 _7 4 a — ] S
-•> 1 — 9 7 — 2 2 — 1 6 _ 9 a — ] 7

54.6

70 3

63. 4

51.4

51.2

55.0

60. 1

68. o

65.3

54.4

60.7
3 6

61.5

50.9

50. 7

54.5

61.6

.2

70.2
-1.7

.7 — 1.5

Gross private domestic investment.
.. .
..
Net foreign investment
Statistical discrepancy

1

68.8

Gross investment _

1.5

IV

66.3

1959

IS 58

1958

III

III
Gross private saving _

19 57

1959

1958

.7

-3.0

—.3

3.5

1.9

.5

.5

. 7 — 1.5 -1.2

.5 -1.0

n.a.

n.a.—Not available.
a
Estimate based on incomplete data.

their long-term upward trend, have been the most important
single factor in the rise in wage and salary disbursements
during the past year. Since the spring of 1958 payrolls
have also reflected an upturn in average weekly hours of
work and a recovery in employment.
Employment has moved up more slowly than the other
factors affecting the wage-salary total, and as recently as
last March was about 2 percent less than in the third quarter of 1957. At a comparable point in the 1954-55 cyclical
upswing, it may be noted, employment was about 1 percent
above the preceding peak. This difference reflected mainly
the lesser advance reported for nonmanufacturing employment this time than last.
For manufacturing as a whole, employment in March of
this year was about 5 percent less than in mid-1957; this
was about the same relative shortfall as the one found at a
comparable stage of the preceding cyclical upswing.
Employment in nonmanufacturing industries is reported
about even with the prerecession high; after a year of business recovery from the 1954 recession, it was 3 percent above
the previous peak. The current statistics on employment
outside of manufacturing are preliminary, however, and revisions in them may affect this comparison somewhat.
(Continued on page 26}

* BUSINESS STATISTICS
± HE STATISTICS here are a continuation of the data published in the 1957 edition of BUSINESS STATISTICS, biennial Statistical Supplement
to the SURVEY OF CURRENT BUSINESS. That volume (price $2) contains monthly (or quarterly) data for the years 1953 through 1956 and
monthly averages for all years back to 1929 insofar as available; it also provides a description of each series and references to sources of monthly
figures prior to 1953. Series added or significantly revised since publication of the 1957 BUSINESS STATISTICS are indicated by an asterisk (*) and a
dagger (f), respectively; certain revisions for 1956 issued too late for inclusion in the aforementioned volume appear in the monthly SURVEY
beginning with the July 1957 issue. Except as otherwise stated, the terms "unadjusted" and "adjusted" refer to adjustment for seasonal
variation.
Statistics originating in Government agencies are not copyrighted and may be reprinted freely. Data from private sources are provided
through the courtesy of the compilers, and are subject to their copyrights.
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS

1958

March

May

April

June

1959

August Septem- October Novem- December
ber
ber

July

January

February

March

April

GENERAL BUSINESS INDICATORS
NATIONAL INCOME AND PRODUCT
Seasonally adjusted quarterly totals at annual rates :f
National income, total
_..
bil.ofdol
Compensation of employees, total
Wages and salaries, total
Private
_
_
Military
Government civilian
_
Supplements to wages and salaries..

do_
do
do
do
do
do _ _

Proprietors' income, totalcf 1
do
Business and profession ale?
-do
Farm
_ _ _ _ _ _ _ _
do. _
Rental income of persons
do
Corporate profits and inventory valuation adjustment, total
bil. of dol
Corporate profits before tax, total
__do _ _ _
Corporate profits tax liability
do
Corporate profits after tax
_ _ do_ _
Inventory valuation adjustment
do
Net interest
Gross national product, to tal^

do...
- --- --

-- do_

351.7

353 9

364 3

373 5

250.9
234.4
192.7
9 4
32.3
16.5

250 7
234.2
191 8
9 6
32 8
16 4

255
238
195
10
33
16

3
4
0
0
4
9

258
241
197
10
33
17

4
3
6
0
7
1

265 5
247.3
203 1
99
34 3
18.2

44.3
30.6
13.7
12.1

45.6
30.7
14.9
12.1

45
31
14
12

5
1
4
2

45
31
13
12

5
8
7
3

45.8
32.4
13.4
12.5

31.3
31.7
16.1
15.5
-.3

32 5
32.0
16.3
15.7
5

38 0
37 9
19.3
18 6
2

44
45
23
22
—1

0
2
0
2
2

13.0

13.1

13.2

13 3

13.6

427.1

430 4

439 8

453 0

467 0

295
38
143
113

9
9
3
6

300 5
40 1
145 2
115. 1

Personal consumption expenditures, total
Durable goods
Nondurable goods
_
Services.
_

do
do
do_
do. _

286.2
36.3
139.8
110.1

288.3
35.6
141 4
111.3

291
36
142
112

Gross private domestic investment, total
New construction
_ ._
Producers' durable equipment
Change in business inventories. .... _ _

do
do
do
do

50.9
36.3
22.9
-8.2

50.7
34.9
22.3
-6.5

54.5
36 3
22.3
—4 2

61 6
38 6
23 0

o

70.2
40 0
24.5
57

1.7
21.9
20.2

1.7
22.4
20 8

1.7
22 8
21 2

4
22 1
21 7

— 3
21 5
21 8

88.3
49.7
43.7
38.6

89.7
50.7
44.1
39.1

92.0
52.2
44 5
39.9

95.2
54 2
45 3
41 0

96.6
54.3
45 8
42 3

348.3
42.3
306.1

351.3
42 3
309.0

358 6
43 5
315. 1

359 5
43 7
315 8

365 7
44 8
320 9

19.9

20.7

23 6

19 9

20 4

Net exports of goods and services!
do
Exports
._ __ ._ _ _
do_
Imports.
__
_ _ _ _ _ _
_ _ d o __
Government purchases of goods and services, total f
bil.ofdol._
Federal (less Government sales) 1 _ .
do
National defense 9 -- . ...
_. _ d o _ _ _
State and localdo
Personal income, total
Less: Personal tax and nontax payments
Equals: Disposable personal income

do
do
do

Personal saving§
__do
PERSONAL INCOME, BY SOURCE
Seasonally adjusted, at annual rates :f
Total personal income..
_ _ _ -bil.ofdol
Wage and salary disbursements, total
do
Commodity-producing industries, total _ _ d o
Manufacturing only
. _
do
Distributive industries
do
Service industries _
_do .
Government
do
Other labor income..- _
_
__do _ Proprietors' income:
Business and professional _ _
do
Farm
do
Rental income of persons
do
Dividends
do
Personal interest income- _. ._ .. - _do_ _ .
Transfer payments
do
Less personal contributions for social insur-_ _do

5
1
9
5

348 7

349 7

351 4

353 4

i 355. 6
i 360 l

357 2

358 7

358 2

360 7

359 9

363 0

365 4

r

232
95
74
62
33
41
8

232
95
74
62
33
41
8

233
95
74
62
33
41
8

235
96
75
63
33
42
8

i 242
97
75
63
33
i 48
9

238
97
76
63
33
43
9

239
98
77
63
33
43
9

239
97
76
63
33
43
9

242
100
79
63
34
43
9

243
101
79
64
34
43
9

3
0
9
2
3
9
3

94 K A

94fi Q

r

102
80
64
34

102
81
65
34
44
9

6
3
9
9
3
1
9

0
0
3
4
4
2
9

1
6
6
6
4
5
9

8
6
4
3
6
4
9

2
1
9
5
7
o
0

5
7
5
6
8
4
1

4
4
4
6
9
5
2

0
7
5
7
9
7
2

0
3
1
9
2
7
3

1
8
8
5

44 0

9 4

7
5
3
7
2
5

36Q 5

OCA 9
r JQ5 1
r CQ 4
CC Q

r

34 9
44 4
9 5

30.5
14 6

30.6
15 0

30.7
15 2

30.8
14 6

31.0
14 4

31.1
14 4

31.3
14 3

31.6
14 1

31.8
13 6

32.0
13 5

32.3
100

32.4
iQ 4

'32.8

12 1
12 4
19 3
24 8
6.6

12 1
12 4
19 3
26 1
6.6

12 1
12 4
19 3
°6 4
6.7

12 2
12 5
19 3
26 0
6.7

12 2
12 5
19 3
26 5
7.0

12 2
12 5
19 4
26 8
6.8

12 3
12 5
19 5
27 0
6.8

12 3
12 4
19 5
26 9
6.8

12 3
12 4
19 5
26 6
6.8

12 4
10 6
19 6
26 0
6.8

12 4
12 5
19 6
25 8
7.7

12 5
12 5
19 8
26 1
7.7

12 6
20 0

10

19

33.0

K.

^

9n 9

OC 1

7.8
7.9
r QKO 1
340 9
242 9.
249 4
24R 9
•3KK 1
331.0
332.4
335. 1 i 342. 0
339. 2
340 3
34 j^ R
r
1
Revised.
Italicized total excludes and other footnoted figures include lump-sum retroactive salary payments to Federal employees; disbursements of $380 million multiplied by 12 (to
put on annual rate basis) amounted to $4.6 billion.
fRevised series. Estimates of national income and product and personal income have been revised back to 1946; revisions beginning 1946
appear on pp. 12 ff. of the July 1958 SURVEY.
cf Includes inventory valuation adjustment.
JFor data in constant dollars and revised definitions for several components, (also data back
to 1950), see pp. 10 ff. of the December 1958 SURVEY.
9 Government sales are not deducted.
§Personal saving is excess of disposable income over personal consumption expenditures
shown as a component of gross national product above.
Total nonagricultural income




do

330.5

S-l


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102