Full text of The National Income and Product Account : Preliminary Fourth Quarter 1959

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f BUSINESS STATISTICS
JL HE STATISTICS here are a continuation of the data published in the 1959 edition of BUSINESS STATISTICS, biennial Statistical Supplement
to the SURVEY OF CURRENT BUSINESS. That volume (price $2.25) contains monthly (or quarterly) data for the years 1955 through 1958 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 1955. Series added or significantly revised since publication of the 1959 BUSINESS STATISTICS are indicated by an asterisk (*) and a
dagger ( f ) , respectively; certain revisions for 1958 issued too late for inclusion in the aforementioned volume appear in the monthly SURVEY
beginning with the July 1959 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 1958 and
descriptive notes are shown in the 1959 edition of Novem- DecemBUSINESS STATISTICS
ber
ber

1959
January

February

March

April

May

June

July

DecemAugust SeptemOctober Xovember
ber
ber

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

do - _
do
do
do
_ do .
do

380 4

389.4

403.9

398.2

262.9
245 1
200.8
9 9
34.4
17 8

269. 9
250 9
206.2
9.8
34.8
19 0

278.9
259.4
214 0
9.8
35.6
19 6

279. 3
259 5
213 5
9.8
36 3
19 8

p281. 6
p261. 5
p214. 8
P9.8
P36. 9
p20. 0

p46. 5
P35.1
pll.4
P12.0

do _ _
do
do _
do
adjustof dol
do
do
do
do

47 4
33.2
14 1
11 9

46.9
33 7
13.2
12 0

46.6
34 5
12.1
12.0

45.1
34 8
10.3
12.0

43 5
44.6
21 9
22.7
—1 1

45 5
46.5
22.6
23.8

51 0
52.6
25.6
27.0
— 1.6

46 0
46.4
22 6
23.8
— 3

do - -

14 7

15.1

15.4

1-5 8

do _

457.1

470.2

484.5

478.6

do - do
do
do

299.1
39 8
143 6
115 7

303.9
41.3
145 3
117.4

311.2
44.1
147 7
119 4

313.3
43 «
148 0
121 6

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

61.3
37 3
23.2
8

69.8
39.7
23.9
6.1

77.5
41 0
26.0
10 4

67.0
4"! 0
27.0
—1 0

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

2
22 7
22.5

-.9
21.5
22.4

— 1.8
22 1
23.9

0
24 1
24.1

96 5
54.2
45 3
42 2

97 4
53.8
45 8
43.6

97
53
46
43

7
9
2
8

98.4
53 6
45.9
44., 8

371.8
44.4
327.4

381 1
45 8
335.3

381. 0
45 9
335 1

23.5

24.1

21.9

Proprietors' income, totaled
Business and professionalcf
Farm
Rental income of persons
Corporate profits and inventory valuation
ment total
bil
Corporate profits before tax, total
__
Corporate profits tax liability
Corporate profits after tax
- Inventory valuation adjustment
Net interest
Gross national product, total

-_

--

Personal consumption expenditures, total
Durable goods
Nondurable goods
Services

366 3
43 4
322.9

Personal income, total
Less* Personal tax and nontax payments
Equals* Disposable personal income

do
do
do .

Personal saving§

do - ..

23.7

bil. of dol_.

Q

^

»16. 1

GNP in constant (1954) dollars
410.8

420.6

431.8

424. 3

Personal consumption expenditures, total
Durable goods
Nondurable goods__
_ _
Services
__

do
do
do
do

278.4
37.5
135. 6
1 05. 3

282.3
38.8
137.3
10G. 2

288 3
41 2
139.7
107 4

288 8
40.6
139. 4
108.8

Gros^ private domestic investment total
New construction
Producers' durable equipment
Change in business inventories

do
do
do
do

53 0
32 6
19.3
11

59
34
19
5

65
35
21
9

5f> 4
34 9
22.1
— 6

Net exports of goods and services

do

—1 4

Gross national product, total

7
3
8
6

7
1
3
2

Government purchases of goods and services, total
81 4
80.8
81.3
bil. of doL.
45 2
44 9
45 0
Federal
do
36.4 1
35. 5
3fi. 4
State and local
do
r
Revised.
f Preliminary.
cT Includes inventory valuation adjustment.
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.




—1 9

81.0
44, 1
36 9

5-1