View PDF

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

SURVEY OF CURRENT BUSINESS

10

July 1959

Table II—1.—Personal Income and Its Disposition, 1929—40
[Mil!ions of dollars]

1

Wage and salary disbursements
Commodity-producing industries
Manufacturing onlv
Distributive industries
^er^ice industries
Government

8

1934

65, 698

76,881

50, 423
21, 492
1 (\, 092
15. 558
8 435
4,938

46, 187
18, 547
13,850
14.491
7 995
5, 154

Other labor income

9
10
11

1933

50,115

47, 208

39. 119
14.286
10. 810
12, 523
7 052
5, 258

1930

85, 763

Personal income

2
3
4
5
6
7

1932

30. 477
9. 926
7, 678
9. 758
5. 827
4, 966

28. 997
9. 807
7. 827
8. 804
5, 244
5, 142

1931

1929

Lino

1935

1936

53, 575

60, 210

68, 480

73, 921

68, 554

72, 884

78, 680

33, 705
12,057
9,643
9, 918
5. 654
6, 076

36, 690
13, 542
10, 829
10. 708
5, 939
6, 501

41,920
15. 789
12,410
1 1 , 765
6, 500
7, 866

46. 107
18. 358
14. 571
13, 162
7, 094
7,493

42, 976
15,274
11, 837
12. 631
6, 847
8,224

45. 941
17. 358
13. 585
13, 284
7, 100
8, 199

49, 818
19, 714
15,584
14, 202
7,479
8, 423

1937

1939

1938

1940

510

451

409

443

479

572

593

595

627

687

14, 759
8. 791
5, 968

1 1 , 540
7, 410
4, 130

8, 734
5, 581
3,153

5,316
3,384
1,932

5. 599
3,166
2,433

7, 010
4, 564
2, 446

10, 387
5, 351
5, 036

10, 482
6. 530
3, 952

12, 691
7. 073
5, 618

11,128
6, 793
4, 335

11,610
7. 293
4.317

13.010
8. 442
4, 568

561

Proprietors' income
Business and professional
Farm

551

5 495

4.778

3,761

2,713

1,971

1,694

1, 661

1, 776

2, 081

2, 560

2.742

2. 885

\l

Dividends
Personal interest income

5 813
7,428

5. 490
6, 949

4.088
6, 923

2. 565

2, 056
6, 212

2, 587
6, 099

2, 863
5, 892

4, 548
5, 842

4, 685
5,912

3, 187
5, 828

3,788
5, 809

4, 043
5, 781

15
16
17
18
19

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

1 , 496

1 , 533

2,714

2. 170

2,116

2,194

2, 400

3, 520

560
936

601
932

1,574
1, 140

1.397

545
1.571

438
1, 756

474
1, 926

1.889
1.631

2,418
1
2
593
1,822

2,834
10
393
531
1,900

2, 963 '•
14 '
429
522 ;
1.998

3,114
35
518
524
2, 037

162

180

566

554

12

20

Less: Personal contributions for social insurance--

596 :

Equals: Disposable personal income

25

Addendum: Disposable personal income- in constant
(1954) dollars.

152

157

1,464
474
990

1, 595
595
1.000

1,888
827
1.061

2. 258
1,130
1,128

2,921
1,723
1.198

74, 374

63, 840

48, 660

45, 744

51,980

58, 322

66, 222

71, 000

78, 952

70, 968

61.333

49,306

46, 392

51.894

56. 289

62.616

67. 259

3,406

2,507

-646

-648

86

2, 033

3, 606

3, 741

1,051

134,935

126, 058

121,369

104.645

102. 107

109, 202

120,004

134.872

139, 489

131,912

658

2, 866

Equals : Persona! saving

27

152

1.455
331
1, 124

Less1 Persona! consumption expenditures

26

151

1,858
607
1, 251

4,168

24

147
2, 507
1, 134
1,373

83, 120

21
22

142
2. 643
1 . 263
1, 380

Loss1 Persona I tax and nontax payments
Federal
State and local

2, 862 '
1 , 635 i
1,227

2. 440
1.235
1.205

2, 604
1 . 364
1, 240

65, 692

70, 444

76, 076

64 , 641

67, 578

71,881

;

4, 195

143. 179 i

153.070

1

FOR TILE OTHER T A 5 5 L K S IN SECTION" II—PERSONAL I N C O M E AXD OUTLAY, SEE PP. 15 T H R O U G H 20 I N C L U S I V E .

I. Gross National Product and National Income
FOR T A B L E S 1-1, AXD 1-2, SEE PP. 6 AND 7
Table 1—3.—Gross Natio?ial Product or Expenditure,. Seasonally Adjusted Quarterly Totals at Annual Rates., 1956-58
[Billions of dollar^]
1950

Line

1

i
Gross national product

. __

4
5
6

Durable ?oods
Nondurable Broods
Services

.. _ .

16
17
18
19
20
21

IV

Year

I

II

III

IV

Year

410.6

415. 0

421.0

130. 0

419. 2

437. 7

442.4

447.8

442.3

442.5

431. 0

434. 5

444. 0

457. 1

441.7

268. 2

270. 4

275.6

269.9

279. 8

282. 9

288. 2

288.1

284.8

287.3

290. 9

294.4

299.1

293. 0

38 8
129.7
97. 1

38 2
131.0
98. 9

37 7
131. 7
101. 0

39 4
133. 3
102. 8

38 5
131.4
100.0

40 3
135.4
104. 1

40 3
1 36. 8
105. 8

40 9
139. 7
107. 6

39 7
139 0
109. 4

40 3
137. 7
106. 7

36 9
139. 5
111.0

36 7
141.5
112.7

37 1
143. 1
114. 2

39 8
143.6
115.7

MM-:

67.3

G8. 1

67. i

66.9

68.3

67.9

63.2

66.6

52.4

51.3

54.2

61.3

54. 8

35. 5

35 5

35. 8

36. 0

36. 2

36. 1

36. 1

35. 5

34. 6

35.4

37.3

35. £

17. 1
18.4

] 6. 9
17 7

18. 0
17 4

19.9
17 4

18. (
17 "i

37 t'

1 13. 4

66.9
35 7
18 i)
17 7

17. 6
18 1

17.3
18 2

17. 7
17 8

17. 1
18 7

16.9
19 1

17. 0
19 3

17. 1
19 0

17.0
19 0

26. 7

97 6

28.6

27.2

28.8

28.6

29. 0

27. 7

28.5

23. 8

22.6

22 2

23.2

22. V

6.2

4. 4

4.0

4.0

4.7

2.2

3.6

2.7

2.0

-6. 9

-5.8

-3.4

8

-3. «
—4 I

National defense
Other
Less: Government sales .-

5. 1

1.9

1.2

-8.1

-7.0

—4.5

-.1

2.9

6.0

„
.,

1.7

4.3

5.1

3.5

4.9

2.0

1.2

1.6

.2

i.:

22. 6
20. 0

24. 1
20. 5

24.5
20.2

23. 1
20.2

27.0
21 0

*4
21.3

26. 6
21.5

24 9
21.3

26.2
21.3

22.2
20.2

22.3
21. 1

23.1
21.5

22.7
22.5

22. (

76.6

77.3

79.8

82.0

79.0

84.9

86.1

86.6

87.4

86.2

89.3

91.1

93.8

96.5

92. (

44.5

46.2

47. 5

45. 7

49. 1

49.7

49.7

49.1

49.4

50.1

51.3

53. 1

54.2

52. :

39 1
6.1
.3

Federal

4.1

3.5

44.8

Imports.

4.4

2.6

21.4
20. 0

Government purchases of goods and services

5.2

-.6
-^ 7

1.4

Exports




,„

6. 6

Nonfarm only
Net exports of goods and services

State and local

II

25.8

Producers' durable equipment _
Change in business inventories — total

14
15

I

17.8
17 3

Residential no'ifarm
Other

10

13

Year

67.1

11
12

IV

35. 1

Gross private domestic investment _ New construction

8
9

in |

265.6

_-

Personal consumption expenditures

3

II

195S

1 957

39 2
5.7
.4

41 0
5.4
.3

42. 1
5.7
.3

40 4
5.7
.3

43 7
5.8
.4

44 9
5.2
.3

44 9
5.3
.5

43 9
5. 7
.5

44 3
5.5
.4

44 0
6.6
.5

44 3
7. 5
5

44 5
8 9
.3

45 3
9 4
.6

44

31.7

32.8

33.7

34.5

33.2

35. 8

36. 5

36. 9

38. 3

36. 8

39. 2

39.7

40.8

42.2

40.

21.;

8

*

SURVEY OF CURRENT BUSINESS

July 1059

11

Table II—1.—Personal Income and Its Disposition, 1941—58
[Millions of dollars]
1941

1942

1913

1944

1945

1946

1948

1947

1950

1949

1953

1951

1952

256, 692

273, 071

1954

1956

1955

1

238, 530
102, 217
80, 644
63, 403
32, 741
40, 169

239, 389
97, 813
76, 674
63, 774
34, 577
43, 225

2
3
4
5
6

8,102

9, 144

9, 310

8

42, 149
30, 382
11,767

43,715
32, 098
11, 617

44, 483
32, 703
11,780

46, 555
32, 357
14, 198

9
10
11

10, 869

10, 698

10, 913

11,466

11, 819

12

9, 839
14, 552

11,215
15, 770

12, 132
17,461

12,495
19, 480

12, 409
20, 447

13
14

16, 223
3, 633
2, 015
3, 848
6, 727

17, 507
4, 915
1, 369
4, 250
6, 973

18, 806
5, 652
1, 400
4,227
7,527

21, 704
7, 321
1, 755
4, 304
8, 264

2(5, 099
8,481
3, 944
4, 552
9, 122

15
16
17
18
19

123, 497

151, 392

165, 696

171,222

62, 086
27, 528
21,714
IB, 320
8, 051
10, 192

82,109
39, 151
30, 922
18,010
8, 902
15,986

105, 619
48, 984
40, 883
20, 129
9,875
26. 631

117,016
50, 401
42, 913
22, 705
10, 930
32, 980

117,563
45, 865
38, 229
24, 773
12, 012
34, 913

111,866
46, 043
36, 476
30, 923
14, 305
20, 595

122.843
54, 336
42, 500
35, 164
15, 997
17, 346

135, 179
60, 257
46. 459
38, 802
17, 349
18, 771

134, 356
56, 914
43, 860
39, 016
17, 925
20, 501

146, 367
63, 495
49. 393
41,313
19,289
22, 270

170, 714
74, 885
58. 277
45, 953
21,060
28, 816

184,857
80, 547
62, 960
48, 749
22, 628
32, 933

198. 106
88, 077
69, 881
51, 797
24, 283
33, 949

196, 259
84, 062
66, 077
52, 324
25, 481
34, 392

210, 902
91, 390
72, 252
55, 766
27, 771
35, 975

227, 634
98, 724
77, 706
60, 336
30, 533
38, 041

720

860

1,082

1, 526

1,799

1, 891

2,334

2, 713

3, 021

3, 823

4, 786

5, 316

5,994

6, 214

7, 136

17,401
10, 897
6, 504

23, 907
13, 899
10, 008

28, 187
16, 823
11,364

29, 565
18, 040
11, 525

30. 835
19,011
11,824

36. 573
21, 321
15, 252

35, 492
19, 948
15, 544

40, 194
22, 405
17, 789

35, 583
22, 657
12, 926

37, 541
23, 541
14, 000

42, 329
25, 995
1 6. 334

42, 233
26, 896
15. 337

40, 723
27, 445
13, 278

40, 442
27, 751
12, 691

3, 465

4,547

5, 097

5, 413

5, 634

6, 208

6, 510

7, 297

8,274

9, 013

9, 431

10, 154

10, 528

4, 458
5, 833

4, 289
5, 808

4, 484
5, 798

4, 673
6, 151

4, 691
6, 868

5, 784
7, 576

6, 521
8,212

7, 243
8, 706

7, 473
9, 443

9, 208
10,263

9,029
11,245

8, 954
12,100

9, 225
13, 367

3, 113
88
344
509
2,172

3,143
130
344
500
2,169

2,964
165
80
507
2,212

3, 588
209
62
901
2,416

6, 165
273
446
2, 776
2, 670

11,411
378
1,094
6, 754
3,185

11, 787
463
775
6, 745
3, 804

11,281
552
790
5, 769
4, 170

1 2, 403
664
1, 730
5, 104
4, 905

15,147
954
1, 367
4, 884
7,942

12, 575
1,872
837
3.897
5, 969

13, 210
2, 177
992
3, 863
6, 178

14, 256
2,979
954
3, 738
6, 585

191,581

210, 435

208, 319

228, 468

Line

332, 943 350, 579 359, 039

9G, 275

179, 298

1958

1957

288, 259 289, 825

310, 196

7

801

1. 166

1,839

2, 236

2, 333

2,011

2,118

2, 178

2, 234

2,894

3,417

3, 753

3, 940

4, 573

5,181

5, 820

6, 723

6, 989

20

3. 293
2, 010
1 , 277

5, 981
4, 668
1,313

17, 845
16, 517
1, 328

18, 935
17, 536
1, 399

20, 867
19, 379
1,488

18, 729
17, 162
1,567

21, 468
19, 650
1,818

21, 135
18, 997
2, 138

18, 665
16, 194
2,471

20, 813
18, 179
2,634

29, 211
26, 278
2, 933

34, 357
31, 165
3, 192

35, 785
32, 359
3, 426

32, 940
29, 155
3, 785

35, 748
31,521
4,227

40, 001
35, 180
4,821

42, 724
37, 352
5, 372

42, 561
36, 729
5, 832

21
22
23

92, 982

117,516

133, 547

146,761

150, 355

160,569

170, 113

189, 300

189, 654

207, 655 227, 481 238, 714 252, 474 256, 885 274, 448 292, 942

307, 855

316, 478

24

81,875

89, 748

100, 541

109, 833

121,699

147, 109

165, 409

178, 313

181, 158

195,013

209, 805

219, 774

232, 649

238, 025

256, 940

269,917

284, 756

292, 956

25

11, 107

27,768

33, 006

36, 928

28, 656

13, 460

4,704

10, 987

8,496

12, 642

17, 676

18, 940

19, 825

18, 860

17, 508

23, 025

23, 099

23, 522

26

175, 107

197. 506

205, 457

213, 937

211, 768

209, 894

201, 079

211,508

213,815

230, 984

236, 959

243, 586

255, 024

256. 885

273, 355

286. 917

292,916

295, 222

97

Table 1-4.—Gross National Product or Expenditure,, Quarterly., 1956-58
[Billions of dollars]

U)f)o

1957

Line

11

I

III

IV

Year

I

II

III

IV

Year

I

II

III

Year

IV

1

Gross national product

98.9

102. 5

104.4

113.4

419.2

104 8

110.1

111 0

116 7

442 5

103 4

107 7

120. 5

441. 7

2

Persona! consumption expenditures

63.2

66.2

66. 2

74.4

269.9

66 3

70 2

70 6

77 7

284 8

68 3

71 9

72.1

80 7

293. 0

8.8
30 0
24.4

9.6

31.7
24.8

8.9
32 0
25.3

11.2
37 8
25.4

38. 5
131 4
100.0

9 2
30 9
26.2

10 1
33 5
26. 5

9 7
34 0
26 9

11 3
39 3
27. 1

40 3
137 7
106 7

83
32 1
28.0

9 1
34 4
28.3

8.8
34 8
28.5

11 4
40 7
28. 6

37. 6
141 9
113. 4

13 0

12 3

14.4

15 2

54.9

8 7

9.8

9 8

35. 8

4 3
4 4

51
4.7

5 3
4 5

18 0
17. 7

3
4
(5

„

s
9

Durable snoods .
Nondurable eoods
Services
__

_ _ _ ...

Gross private domestic investment

...

110.2

16.8

16.0

17.6

16.9

67.4

16 5

16 6

17 7

15 7

66 6

_ _

7.4

9.0

9.9

9.2

35. 5

76

90

10 0

9 4

36 1

Residential nonfann
Other.-.

36
3.9

4 6
4.4

50
4.9

4 5
4.7

17 7
17.8

34
4 2

4 3
4 7

4 8
52

4 5
4 9

17 0
19 0

7 4

28 5

56

6 0

53

6 0

22 9

—2 4

— 8

— 6

—3 8

—2 6

—1 0

— 8

—4 9

4

12

New const ruction

34
4 1

10

Producers' durable equipment

59

7 0

66

7 7

27 2

6 6

7 7

69

11

Change in business inventories — total

35

.0

11

1

4 7

23

8

—1 1

20

_ l

36

2

12

1

51

2 2

— 1
2

6

—1 3

12

— 4

.3

8

4

15

2 9

14

15

8

13

4 9

4

4

o

5.2
50

5.9
51

5.6
5 9

6.4
4 9

23.1
20 2

6 6
5 2

69
5 4

6 2
54

6 5
5 2

26 2
21 3

5 4
50

58
54

5 4
5 5

5 9
55

22 6
21 3

18.6

19 6

20 2

20 6

79 0

20 6

21 8

21 9

22 0

86 2

21 7

23 1

23 7

24 2

92 6

11. 1

11.2

11. 6

11.8

45. 7

12 2

12 5

12 5

12 2

49 4

12 5

12 9

13 3

13 5

52 2

9.7
15
.1

9.9
14
.1

10 3
14
.1

10 5
14
.1

40 4
5 7
.3

10 9
14
.1

11 3
13
.1

11 3
13
.1

10 9
14
.1

44 3
5 5
.4

10 9
17
.1

11 2
19
.1

11 2
2 2

11 2
24
.1

44 5

7 4

83

86

88

33 2

8 4

9 2

9 4

98

36 8

9 '>

10 1

10 4

10 7

40 5

12
13
14
15
16
17
18
19

20
21

Nonfann onlv
Net exports of goods and services
Exports
Imports
Government purchases of goods and services
Federal
National defense
.
Other
Less: Government sales
State and local




-

.

8 1

r mr>?>

SURVEY OF CTRRKXT BUSINESS

12

Table 1-5.—-Gross National Product or Expenditures, Seasonally Adjusted Quarterly Totals at Annual Rates? in Constant Dollars, 1956-58
[Billions of 1954 dollars]
1956

1957

Lino

'
Gross national product

Personal consumption expenditures

3
4
6

--_.-.

._

Durable goods
Nondurable foods
Services

398. 9

400.2

405.5

400. 9

408. 7

410.1

410.6

263. 7

263. 4

266. 9

264. 3

268. 7

270.0

273.0

38 0
130. 3
95 3

37. 1
129. 7
96 7

38 2
130. 9
97 8

38 0
130. 3
96 0

3^ 8
131 8
98 2

38 4
132.3
99 3

38 9
133 8
100 3

„

III

Year

I

II

403.8

408. 3

391.0

271. G

270.8

268.7

37 7
132 6
101 3

38 5
132 6
99 8

35 2
131 3
102 2

IV

III

IV

393.1

400.9

410. 8

39<». 0

271.1

275.0

278.4

273 3

35 0
132 7
103 4

35 3
135 3
104 4

37 5
135 6
105 3

35 7
133 7
103 8

Year

62. 8

Change in business inventories

. _ .

Nonfarm

13

Government purchases of goods and services

60.3

59.2

54.9

58. 5

45.0

44.2

46.6

53 0

47 3

32.0

31 8

31.9

31 7

31.9

31 3

30 5

31 2

32 6

31 5

16.5
16. 1

16.0
16.3

15. 7
16.0

16. 1

15 5
16. 5

15 3
16. 5

1 5. 3
16. 6

15 4
16. 3

15 4
16.5

1 '/ 4
15 9

15 3
15 1

16 3
15 0

17 8
14 8

16 '>
15 2

24.7

25 '?

25. 5

25. 0

25.2

24.8

24.9

23 6

24.6

20 1

19 0

18 6

19 3

19 3

4.1

3.9

4.0

4. 5

**

3.7

2.5

FJ

2.0

—6 4

—5 3

-3 2

11

—3 5

5.0

4.3

3.9

4.9

1.6

2 6

1.4

—1 4

1. 1

—7 2

—6 1

—4 2

0

—4 4

2 2

31

38

2 5

4 9

4 2

39

2 3

38

8

\

1 4

o

Net exports of goods and services

14

59. 6

32. 3

9

Producers' durable equipment

11

61.7

31.8

6.4

10

61.3

32.3

24.3

_ - __

61.4

5.8

Residential nonfarm
Other

61.5
32.6

16.6
10. 1

_ _ __

New construction

12

I

32.7

Gross private domestic investment

8
9

Year

263.2

-._..

-

398.8

_ _-

III

38 9
130. 2
94 2

1
2

II

1V15S

71.8

71.5

72.1

73.5

72.3

75.4

75.5

74. 5

75.0

75.1

76.5

77.7

78.9

80.8

78.^

15

Federal

41.8

40.9

41.5

42.5

41. 7

43. 5

43 4

42.4

41 9

42 8

42 8

43 9

44 3

45 2

44 1

16

State and local

30.0

30.6

30.7

31.0

30.6

31.9

32 1

32. 1

33 1

32 3

33 7

33 8

34 6

35 5

34 •-'

Table I—6.—Gross National Product by Major Type of Product,
1956-58

Table 1-7.—Gross National Product by Major Type of Product,
Constant Dollars, 1956-58

[Billions of dollars]
Line
1
3
4

[Billions of 1954 dollars]
1956

Gross national product

Line

1956

1957

!

1958

__ _

419.2

142. 5

441. 7

1

Gross national product

400 9

408 3

399

.

414. 5
4 7

440. 5
2 0

445. 5
—3 8

2
3

Final sales
Inventory change

396 4
4 5

406 3 !
0
0 i

402
—3

227 6

238 4

227 7

4

221 4

9

236 5
2.0

231 5
-3 8

5
6

Finnl sales
Inventory change

217 0
4 5

*>3 4
<
°21 4 1
2 0 !

209

223 0
4. 7

213
—3

89.6
86. 7
2 8

94.8
93. 7
11

80 1
84.0
-39

7
8
9

Durable goods output
Final sales
Inventory change

84 9
82.3
2 7

85 7 j
84 7 i
10

71
74.
—3

138 1
136. 2
1 8

143 6
142.7
9

147 6
147.5
1

10
11
12

143. 3

154.0

163. 0

13

Services

48.2

50.1

51.0

14

Construction

Final sales
.. .
Inventory change
Goods output

fs

Final sales
Inventory change

8
9

Durable goods output
Final sales
Inventory change

10
11
12

1958

1957

_ ._

Nondurable goods output
Final sales
. _
Inventory change

13

Services

14

. ._-

Construction

Goods output

Nondurable goods output
Final sales
Inventory change

136 5
134. 7
18

137 7
136. 7
10

138
138.
—

135 5

140 7

144

43 9

44 2

44

FOR TABLE 1-8, SEE PP. 8 AND 9.
Table 1-9.—National Income by Type of Income, Seasonally Adjusted Quarterly Totals at Annual Rates. 1956—58
[Billions of dollars]
1956

1957

195*

Line
I

II

III

IV

Year

• -

III

IV

Year

I

II

III

IV

Yem

1

National income

343. 2

348. 3

352.6

359.1

350.8

364.0

366.5

371.1

364. 3

366. 5

355. 8

358 9

369 5

380 4

366

9

Compensation of employees

235. 8

241.2

243.8

249.0

242. 5

252.3

255. 5

258.1

256. 0

255. 5

252. 5

253. 2

258.5

262. 9

256

221.6
184. 5
9 7
27.4

226. 6
188. 9
9 7
28.0

228.7
190. 3
9 7
28.8

233.4
194. 5
9 6
29. 3

227. 6
189. 6
9 7
2S.4

235. 9
196. 5
9 6
29.8

238 7
198. 8
9 7
30.2

240 9
200. 2
9 8
30.9

238 6
197.8
9 5
31.2

238. 5
198. 4
9 6
30.5

935 9

236 0
193 2
9 7
33.2

241 1
197 1
10 0
34. 0

9

23S
19f
c
32

3
4
5
6

Wages and salaries
Private
Military
Government civilian

9
10

45 1
200 8
9 9
31 4

14. 2

Business and professional..
Farm

_. _ .

- __. _

15. 2

15 6

14.9

16. 5

16.8

17 2

17.4

17.0

17 3

17 2

17 5

17 8

1"

43.3

44.4

44.5

43.7

43. 9

44.3

45.3

44.5

44.5

46.1

45.9

46 8

47 4

4(

31. 5
11 2

Proprietors' income

14.6

42.7

Supplements to wages and salaries
8

193. 4
9 5
32.3

32.1
11 2

32.3
12 1

32.5
12 0

32.1
11 6

32. 6
11 2

32.9
11 5

32.9
12 3

32.4
12 1

3'? 7
11 8

31.6
14 6

32.0
13 9

32.6
14 9

33 9
14 1

3:
1

11

Rental income of persons. _ _ . . .. .

-

10.7

10.8

11.0

11.1

10.9

11.3

11.4

11.5

11.7

11.5

11.7

11.8

11.9

11.9

1

12

Corporate profits and inventory valuation adjustment-

42.7

41.5

41.5

42.3

42.0

43.8

42.0

42.7

38. 5

41.7

31.5

33.8

38.0

43.5

31

45.7
21.7
24.0

45.2
21.5
23.7

42.7
20.3
22 4

45. 3
21. 5
23 8

44.7
21.2
23.5

46. 2
22. 5
23. 7

43.5
21.2
22.3

44.0
21.4
22.5

39. 4
19. 2
20.2

43. 3
21. 1
22.2

32.0
15.7
16.3

33.6
16.5
17 1

38 3
18.8
19 5

44 6
21.9
22 7

3'
11
1;

-2.9

-3.7

— 1.2

-3. 1

—2 7

-2.4

-1.5

-1.3

-.4

.2

g

-1.1

11.2

11.5

11.9

12.3

11.7

12.7

13.2

13.5

13.8

13.3

13.9

14.1

14 4

14 7

13
14
15
16
17

Profits before tax
Profits tax liability
Profits after tax

_

Inventory valuation adjustment
Net interest




- - - - - - - - -

1

BUSINESS STATISTICS
_L 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.
1958

Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS

May

June

July

1959

August Septem- October Novem- December
ber

January

February

March

April

May

June

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

r

' 369. 5

'380 4

253. 2
236 0
193 2
'9.7
33 2
17.2

' 258. 5
' 241 1
' 197 1
10.0
'34 0
' 17 5

' 262 9
' 245 1
' 200 8
'9.9
'34 4
' 17 8

'269 9
' 250 9
' 206 2
'9 8
34 8
19 0

45.9
32.0
13.9
11 8

' 46. 8
'32.6
' 14.2
r
11 9

r 47 4
'33.2
' 14.1
'11 9

46 9
33 7
13.2
12 0

33
33
16
17

38 0
'38 3
' 18 8
' 19 5
— 3

' 43 5
'44.6
' 21 9
'22 7
'—1. 1

45
46
22
23
—

358 9

r
r
T

do
do
do
__ do__
do
_ do

Proprietors' income, totalc?-do
Business and professional^1
do__
Farm _ _
_
___
__do
Rental income o f 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 _ _ _
_ _ _ d o __
Inventory valuation adjustment
do
Net interest. __
Gross national product, to tall

r 2
r

do
r

do

Personal consumption expenditures, total. ..do
Durable Roods.
_ _
do
Nondurable goods
do ___
Services.
_
do. __

' 15 1

' 457. 1

' 470 2

r 294 4

9
7
5
7

' 299
' 39
' 143
' 115

' 303
' 41
' 145
' 117

r 37 1

' 143 1
' 114 2
r 54 2
r 35 4
' 22 2

1
8
6
7

9
3
3
4

r—3 4

' 61 3
r 37 3
' 23 2
'8

1 2
r 22 3
r 21 1

' 1 6
' 23 1
' 21 5

r 22 7
' 2° T

'— 9
21 5
' 22 4

'91 1

' 93. 8
' 53 1
44 5
'40 8

'96.5
54 2
45 3
'42 2

'97 4
' 53 8
45 8
' 43 6

r 355 Q
r
42 1
r
312 9

'363 4
'42.9
'320 4

' 366 3
' 43.4
'322 9

371 8
44 4
327 4

r 22 0

r 26 0

' 23 7

23 5

r

22 6
'—5 8
r

r 51 3

r 44 3
r
39 7

Personal income, total.
_ __
_ ___ do
Less: Personal tax and nontax payments. _ _ _ d o __
Equals: Disposable personal income
do

Rental income of persons
_ . _ _ _ _ do
Dividends
do
Personal interest income _
-___do
Transfer payments
do
Less personal contributions for social insur do

' 14. 7

5
5
6
8
9

T 444 o

434 5

r 51 3
r 34 Q

Net exports of goods and services t
do
Exports..
_
_ _ ..-.do
Imports
do
Government purchases of goods and services, total |
bil. of dol _.
Federal (less Government sales) f
do
National defense 9
do
State and local
_ . . . _ _ _ _ _ do .._

Wage and salary disbursements, total _ - do
Commodity-producing industries, total
do
Manufacturing onlv
do
Distributive industries. ._ _.
do Service industries
__
- do
Government
do
Other labor income
do
Proprietors' income:
Business and professional
do
Farm _
do

' 14 4

14 1

'290
r
36
T 141
T 112

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

Personal saving§
_._ _
do. _
PERSONAL INCOME, BY SOURCE
Seasonally adjusted, at annual rates:f
Total personal income
bil. of dol__

8
6
5
1

389 4

'2

i r 359. 9
r
354. 6 1 ' 357. 1 * ' 363. 5 i ' 362. 4 ' 364. 2 ' 364. 3

' 69 8
r 39 7
' 23 9
'6 1

' 367. 5 ' 366. 9

' 369. 0 ' 371. 0

' 375. 4 ' 379. 0

' 381. 3

' 234. 9 1 ' 237. 9 i r 243. 2 1 r 241. 3 ' 242. 5 ' 242. 1 ' 246. 1 ' 247. 0 ' 248. 7 ' 250. 1 ' 254. 0 ' 257. 3 ' 259. 8
'99.3
' 97. 2 '97.9
'98.7
' 101. 8 ' 102. 2 ' 102. 8 ' 103. 5 ' 106. 3 ' 108. 6 ' 109. 8
' 95. 5 * 96. 7
r
'77.9
'76.9
'80.6
'85.4
' 86. 7
* 76.7
* 79. 7
' 75. 7 r 76. 1
'80.9
'81.7
'83.8
74. 7
r
' 64. 1 '64.7
'64.7
' 63. 8 ' 64. 3 '64.1
' 66. 9 ' 67. 5
63. 2
r 63. 5
'66.0
' 66.6
'65.6
'35.2
'35.0
' 35. 3 '35.6
' 37. 1
'35.0
'36.8
' 36. 0 '36.4
'34.3 1 ' 34. 6 1 '34.8
'35.6
r
r
'44. 1
'44.1
'44.4
' 45. 4
47. 4 i ' 44. 1
'44.3
'45.0
' 41.9
43. 1
' 44.7
' 44.8
'44.6
'9.3
'9.3
'9.4
'9.9
'9.9
'9.4
'9.3
'9.7
'9.8
'9.3
'9.6
'9.3
'9.3

'32.0
' 13.8

'32.3
' 13.4

r

11.8

' 11.8

12.6

' 12. 6

r

'20.3
T
26.8
'6.8

r

20. 4
'26.4
'7.0

382.9
261. 1
110.4
87.2
67.8
37.2
45.7
10.0

-32.4
' 14. 1

'32.6
'14.2

'32.8
'14.3

'33.2
'14.2

'33.1
' 14.1

'33.4
' 14. 2

'33.5
' 13.5

'33.7
' 13.2

'34.0
' 12.9

'34.3
' 12. 2

'34.5
' 12. 0

34.6
12.1

'11.8
' 12. 6
20.4
26. 8
-7.2

' 11.9
' 12. 6
'20.5
'27 2
'7.1

'11.9
' 12. 6
' 20.6
' 27.3
' 7.1

'11.9
' 12.6
'20.7
' 27.4
'7.1

' 11.9
' 12.6
'20.8
' 26.6
'7.1

'11.9
' 10.8
'21.0
' 26. 3
' 7. 1

' 12.0
' 12 7
'21.1
' 26 1
'8.1

' 12.0
r
12 8
'21.3
' 26 4
'8. 1

' 12.0
' 12 8
'21.6
' 26 6
'8.2

' 12. 0
' 12. 9
'21.8
' 26. 9
'8.3

' 12. 0
' 13. 0
' 22. 0
'26 4
'8.3

12.0
13.1
22 2
26.2
8.4

r
T

Total nonagricultural income
do
' 337. 1 i r 339. 9 1 * 345. 7 i '344. 5 ' 346. 1 ' 346. 3 ' 349. 6 ' 348. 8 ' 351. 6 ' 353. 8 ' 358. 5 ' 362. 7 ' 365. 3 366. 9
' Revised.
1 Italicized total excludes and other footnoted figures include lump-sum retroactive salary payments to Federal employees; disbursements (at seasonally adjusted annual
rates) amounted to $0.2 billion in June; $3.6 billion in July; and $0.2 billion in August.
fRevised series. Estimates of national income and product and personal income have been revised
back to 1946; revisions for 1946-55 appear on pp. 12 ft of the July 1958 SURVEY and for 1956-April 1958 on pp. 10 ff. of this issue of the SURVEY.
^Includes inventory valuation adjustment.
I For 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.




S-l

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