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BUSINESS STATISTICS JL HE STATISTICS here update series published in the 1961 edition of BUSINESS STATISTICS, biennial Statistical Supplement to the SURVEY OF CURRENT BUSINESS. That volume (price $2.00) contains data by months, or quarters, for the years 1957 through 1960 (1951-60, for major quarterly series) and averages of monthly or quarterly data for all years back to 1939; it also provides a description of each series and references to sources of earlier figures. Series added or significantly revised after the 1961 BUSINESS STATISTICS went to press are indicated by an asterisk (*) and a dagger (t), respectively; certain revisions for 1960 issued too late for inclusion in the aforementioned volume appear in the monthly SURVEY beginning with the July 1961 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 1960 and descriptive notes are shown in the 1961 edition of BUSINESS STATISTICS 1961 1959 | 1960 1959 I Annual total 11 19 60 III IV I II 1961 III I IV II 1962 III IV I Seasonally adjusted quarterly totals at annual rates GENERAL BUSINESS INDICATORS—Quarterly Series NATIONAL INCOME AND PRODUCT bil $ 399 6 417. 1 430.2 390. 7 405. 2 X»4 402. 8 413.5 419.2 419.0 416.5 412.2 426.0 434 3 447 9 do 278. i 293. 7 302.9 270. 6 280. 0 280.5 282. 4 290. 2 294.6 296.0 294. 0 292.6 300. 2 306 2 312 7 Wages and salaries, total Private Military Government civilian. do do do do 258. 5 213 2 9.9 35.4 271.3 223. 0 9.9 38.5 279.7 227.8 10.4 41.5 251. 4 206. 7 9.9 34.8 200. 1 215.0 9 9 35.3 200. 3 214.8 9.9 35.7 261. 9 216. 0 9.8 30.1 268. 3 221.4 9.8 37.1 272.4 224. 6 9.8 38.0 273.2 224.2 9.9 39.1 271.3 221.6 10. 0 39.7 270.1 219.7 10.1 40.3 277. 3 226 0 10.1 41.2 282.7 230 7 10 2 41 9 288.7 234 7 11 1 42.8 Supplements to wages and salaries do 20.0 22.4 23.2 19.2 19. 9 20.2 20. 5 21. 9 22 2 22.7 22.7 22.5 22.9 23.4 24.1 46. 3 35. 0 11.3 11 9 48.2 30. 2 12.0 11.7 49.6 30.5 13.1 11.5 46. 6 34.1 12.5 1 2. 0 46. 7 35.2 11.5 11.9 45.9 35. 3 10. 0 11.8 46.1 35.3 10. 8 11. 7 46. 3 35. 8 10. 5 11.7 48.6 36.4 12.3 11.7 48.7 30.3 12.4 11.7 49.0 36.3 12.7 11.7 48.9 36.0 12.9 11.5 49.2 36.3 12.9 11.5 49 4 36. 6 12 8 11 5 50.8 37.2 13.6 11 5 Vitional income, total . Compensation of employees, total Proprietors' income, totalcf __ do Business and professionalo" _._ do Farm _ __ _ _ do Rental income of persons do Corporate profits and inventory valuation adjustment total bil $ 46 4 45. 1 40. 2 453 50.2 44.4 45.5 47.4 45. 9 44. 1 42 9 40.0 45.5 47 0 52 1 do do do do 40 8 23 1 9 37 _ 5 45. 0 9 23 22 7 40. 1 22 8 23. 4 51.5 25 4 20. 1 —1 3 44.8 22 1 22.7 „4 44. 9 22 1 o 40. 1 22 8 23.3 .i .7 48. 1 23.9 24.2 — 7 46.3 23 0 23. 3 43.2 21 4 21.7 9 42.6 21 1 21.4 3 39.6 19 6 20.0 4 45.2 22 4 22.8 3 47 23 23 — 52 26 26 — do 10 0 18 4 20 0 10.2 10. 4 16.7 17.0 17.8 18 3 18.0 18.9 19.2 19 6 20 2 do 482 8 504 4 521. 3 472 ° 488. 5 482.3 488. 3 501. 5 506 4 505. 1 504. 5 500.8 516 1 525 8 542 2 Personal consumption expenditures, total do 314.0 328. 9 339. 0 305. 8 313 0 316. 5 320. 0 323.8 329.9 329.7 332. 3 330. 7 336. 1 341 0 348. 4 Durable goods, total 0 Automobiles and parts.. ... ... Furniture and household ecmipnient do do do 43 5 18.1 18, 9 44.3 18. 0 18.8 42 3 16.8 18. 0 41.6 17.2 18.0 44.5 19.0 18.9 44.4 18.4 19.2 43 7 17.6 19.3 44 7 18.8 19.1 45 3 19.3 19.0 43 4 17.8 18. 7 43.8 18.6 18.3 39 4 14.8 17.8 42 0 16.7 18.3 42 3 16 4 18.8 45 5 19 3 19.1 \ondurable goods, total 0 Clothing and shoes ._ __ Food and alcoholic beverages Gasoline and oil _ do do do do 147.3 27. 4 78 0 11.0 152.4 28. 1 80. ] 11.0 155. 5 28.4 81.8 11.8 144.9 2(5. 5 77. 4 10.7 147.3 27.8 78. 1 10.9 147.7 07 p, 77. 8 11.1 149. 3 27.8 78. 7 11. 1 150. 5 28. 1 78.9 11.4 153. 3 28.3 80 6 11.6 152.7 28. 3 79 9 11.0 i-ai 153. 7 27.9 81. 1 11.7 154 1 27.6 81 4 11.7 156 28 81 11 2 6 9 8 158 29 82 11 1 5 7 8 do do do do 1 93 9 18 1 39.9 10 0 132 9 19.6 42. 2 10 5 141 9 21 0 44.5 10 H 11° 4 17. 5 39. 3 9 5 1°1 ° 17 8 39. 8 9 8 | i >4 4 ]8 '?• 40. 1 10 ° I9 7 o 18. 9 40. 95 10 ] 98 f i 19 2 41. 1 10 "4 131 ° 19' 5 41.9 10 5 133 6 19 7 l°-7 5 43. 6 10 5 139 9 20 9 44.2 10 7 149 21 44 10 4 2 8 9 144 21 45 11 ( 10 5 135 4 20. 0 43. 1 10 5 <io 72 4 72 t OQ 0 70 1 79 1 <)S 2 71 S 78 9 74 f» 70.5 ( "> (> 59 8 68 8 73.2 70 6 do do do 40 2 25 9 0 3 40 7 41 7 25 7 41 "> 2ti > 4' d ?<) t> 7 3<» (» 2i> d 5 t> >7 i 10 9 JO 7 28 (> 5 4 10 4 2 1 4i' 7 2t» 7 —1 9 39 6 24 2 -1 0 11 3 24 7 2 S 42 7 2b 0 4 5 43 3 2S 0 d) do 'o 3(> 0 24 * 7 1 „ _M 1 4 * ,1 )i 5 0 ~i 1 2 f ') 1 S >') (> ><*• 9 2u 7 2J 4 30 2,8 1M b 5 1 27.6 22.4 5.3 27 6 22 3 3.9 2> 1 22 5 27 0 24 3 ')' 5 (S 1 % h 9 5 ** 101 9 r) 0 1 »4 1 { 101. h 53 0 45 7 43 6 10r r n l7 107 C «> ( "•3 4, 0 >2 9 15 0 M (> 50. ,j 50 (> f% CVf f »i 1 I 195 4 6 4 3 o 501 8 219 7 87 1 i97 9 >7 ) Corporate profits before tax, total Corporate profits tax liability Corporate profits after tax Inventory valuation adjustment Net interest Gross national product, total Services total 0 Household operation Housing _ Transportation ... . _ _ C loss pi iv ite domestic investment, tot il Xeu c o i i r t r u e f i o n . Piodum ^ durable oouipme 't ( 'h iij2e m business m \ e < i t O i < > V < npoi* c ol gOvjas tiifl s°r\ i ' s _ i s.poit 1 -. . _ Ii ipoi lr . Go i i n n i f rit puTPluitrsof gooch u u l s 'v < s, )' > 1) i > 1 1 dn il ilt ss G o « * r u n ' M i t s iY <K \ a d o n il di '(.]> c V <o P>\ ir 101 t - \ p r Oi piodu"t * 1 l i t il s ill tol 1 ( o o i o u i T i u , lot 3 _. 1) l l ' i \ < ( 0 ' O'l ( ll* N < 1 < ll' 1 ' ) U UH x ds OUlpnt -< 1 \ ( ( S _ . Ii } _ _ - _ - _ . . . - .. _ f n f f \ ( S i n , o,tot 1 . ! 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OQ '2 -f 4t> 501 0 2 ID 9 O( , i 0 • I -T i y< j 5 1 t 9 1 > J.9 " °"i 8 ,) * > 1, l l } 0 i 1 2 "Jo 7 2 1 i 2 0 27.7 80.8 11.8 - 19 2 0 — I ') 1 w 4 0 5 3 9 07 * 6 5 0 4.0 2S i 4 o 9 100 o ,i i in 2 513 2 2o! 3 91 2 521 3 250 C .01 1 57 9 2 )( . 1 5* 2 5 >7 0 2t0<> 3 J () lf;() 7 2JO 0 60 7 47 2 __:> S 2 3 8 2 ; i '> r ;' 6 161 n 4 5 10 '0 0 "i 7 5j 2 5 '3 3 1 2.2 not d« d u c t e d S-i • SURVEY OF CURRENT BUSINESS S-2 1959 Unless otherwise stated, statistics through 1960 and descriptive notes are shown in the 1961 edition of BUSINESS STATISTICS 1960 1961 Annual total 1959 II III April 1002 1961 1960 I IV II III IV 1962 i ! ii 1 in IV I II GENERAL BUSINESS INDICATORS—Quarterly Series—Continued NATIONAL INCOME AND PRODUCT -Con. Quarterly Data Seasonally Adjusted at Annual Rates GNP in constant (1854) dollars Gross national product, total bil. $__ Personal consumption expenditures, total . _ do Durable goods Nondurable goods do _. do 428.4 440.8 448.8 434. 4 426. 6 430.7 441.0 443.4 440.2 438. 4 433. 2 445. 5 451. 8 464. 6 289. 3 298.3 303. 6 289. 7 290. 8 292. 8 295. 4 299. 5 298. 6 299. 6 297. 0 301.6 305. 0 310.8 41. 0 138 8 109 5 41.8 141. 8 114.7 40. 1 143.6 119.9 41.7 139. 3 108.8 41.6 139.2 110.0 41.4 140. 0 111.4 42.1 140. 9 112.4 42.5 142.9 114.2 40. 8 142.0 115.8 41.6 141.3 116.6 37.6 141.6 117.8 39.8 142.6 119.2 39.9 144. 5 120.6 43.1 145.9 121.9 do 61.1 60. 6 57.7 66. 9 57. 3 60. 4 66. 6 62.3 58. 6 54. 9 49.6 57.3 60.4 63.5 New construction Producers' durable equipment Change in business inventories do do do 34.3 21.3 5.5 33. 9 22.7 4.0 34.4 21.2 2.1 35. 2 21.6 10.1 34.7 21.7 .8 33.4 21.9 5. 0 34. 3 22.4 9.9 33.9 23.4 4.9 33. 6 22.7 2.3 33.9 22. 1 -1.1 32.9 19.9 34.1 20.3 2.9 35.1 21.4 3.9 35. 6 23.1 4.7 Net exports of goods and services do -2.1 1.7 2.0 Q .6 1.0 1.6 3.5 3.3 1 Q 6 20 80.1 43 9 36.2 80.2 42.3 38.0 85. 5 44.9 40.6 81.0 44.6 36.4 80.5 44.0 36. 5 78. 4 42.7 35. 8 78.4 41.7 36.7 80. 6 42.7 37. 8 81.3 42.9 38.4 80.3 41.6 38.7 83. 3 43.1 40.2 84.7 44.7 40.0 85.7 45.0 40. 8 88.3 46.8 41. 4 383. 3 46. 0 337.3 402. 2 50.4 351 . 8 416. 7 51. 8 364. 9 384. 6 46.1 338. 4 385.1 46.4 338. 7 388. 9 46. 6 342. 3 395. 5 49.9 345. 7 403. 1 50. 5 352. 7 405. 1 50.8 354. 4 405. 4 50. 5 354. 9 404. 7 50. 3 354. 3 413.2 51.4 361.8 420.3 52. 5 367.7 428. 6 53. 1 375 6 23.4 22.9 25.8 24.8 22.3 22.3 21.8 22.8 24.6 22.7 23.7 25.8 26.8 27.1 8.14 8.92 8.59 8.32 8.32 8. 99 7.89 9.28 8.98 9.53 7.57 8.61 8.65 9.54 18.14 3.02 1.44 1.57 3.62 1.80 1.82 3.42 1.57 1.85 3.02 1.45 1.57 3.02 1.44 1.58 3. 57 1.74 1 . 83 3. 09 1.55 1.51 3.76 1.88 1.88 3.62 1.80 1.81 4.01 1.95 2. 00 3. 00 1.41 1.59 3.46 1.58 1.88 3.34 1.50 1.84 3.88 1. 79 2.09 3.18 1.54 1.64 3. 75 1.82 1.92 .25 .23 .51 1.42 2.72 .25 .26 .48 1.42 2.89 .24 . 17 .46 1.38 2.92 .24 .26 .53 1.47 2.79 .26 .28 .54 1.48 .27 '.55 1.51 2.87 . 25 .47 1. 18 2.69 .27 .29 .55 1.42 2.99 .25 .24 .47 1.50 2.90 .24 .25 .46 1.58 2.99 .21 .17 .41 1.09 2.69 .26 .18 .48 1.39 2.85 .25 .16 .47 1.50 2.94 .26 .16 .50 1.54 3.20 .24 .19 .41 1.07 3. 05 .27 .22 .50 1.31 3.40 do 32. 51 33. 35 33. 58 35.15 36. 30 35. 90 35. 50 33.85 33. 50 34. 70 35.40 i 36. 10 Manufacturing Durable goods industries do do 11.80 5.74 6.06 12.25 5.83 6.42 1 2. 87 6.16 6.71 14.10 7.15 6.95 14.70 7.40 7.30 14.65 7.35 7.30 14.40 6.85 7.55 13.75 6. 50 7.25 13.50 6.20 7.30 13.65 6.10 7.55 14.00 6.40 7.60 14.40 7.00 7. 45 14. 65 7.20 7. 50 Railroads do Public utilities do .94 1.00 9 08 5. 82 10.87 1.01 1.28 2 17 5.58 11.06 1.04 . 85 9 15 5.48 11.19 1.00 1.00 2 00 5.75 11.35 1.05 1.10 2.15 5. 70 11.60 1.00 1.00 1.90 5.60 11.75 .90 1.00 1.80 5.70 11.65 .95 .70 1.75 5.35 11.30 1.00 .70 1.80 5.50 11.05 1.00 .65 1.90 5.65 11.85 1.00 .60 1.95 5. 55 12.35 1. 10 .80 1.75 5. 25 12. 75 1.05 .80 1.90 5.20 13. 00 4, 717 4, 635 4,655 4, 670 4, 690 4,710 4,725 4,730 4,740 4, 755 4,770 4,780 31,412 32, 000 7,474 7, 565 7,670 7,567 7,690 7,941 8,214 7.744 7.384 7, 958 8,914 15,294 do do _ _ 3.109 do__ _ 5.134 791 do 3,040 do 14. 722 3,048 5. 557 848 3.381 14, 524 2, 956 5, 599 870 4, 100 3,861 789 1,272 187 741 3,974 786 1,303 214 746 3,858 754 1,337 206 760 3, 785 767 1,373 198 750 3,830 756 1,438 213 843 3,674 798 1,402 207 775 3,433 727 1,344 230 1,013 3.374 759 1.360 212 1.000 3.418 761 1,360 219 825 3,843 705 1. 419 218 1,018 3,889 731 1.460 221 1 957 2.375 1,372 926 77 3, 856 1,694 850 1,312 3,951 1,601 967 1,383 624 347 280 542 326 205 11 755 362 235 158 694 344 194 156 610 260 267 83 1,085 406 145 534 1,467 684 244 539 1.039 500 12 597 801 308 331 162 755 470 147 138 1, 356 323 477 556 do 25, 472 28, 131 30, 162 6,137 6, 495 6,731 6,914 7, 069 7,041 7. 107 7, 454 8. 005 7, 072 7,631 do do do do 16, 282 7,427 1.054 '709 19, 409 7,891 631 200 19,916 8, 400 1,269 577 3,924 1.793 158 262 4, 299 1,856 159 181 4,193 1.959 430 149 4, 650 1.915 168 181 4.837 1.991 148 93 4, 927 1,927 170 17 4, 995 2, 058 145 -91 5. 053 2.072 130 199 4, 765 2. 115 850 275 4,947 2. 038 80 5, 151 2, 175 209 96 -4,271 -3, 281 -1,838 -1,337 -1.070 Gross private domestic investment, total Government purchases of eroods and services, total bil. $_. Federal do State and local . do DISPOSITION OF PERSONAL INCOME •Quarterly Data Seasonally Adjusted at Annual Rates Personal income total bil $ Less: Personal tax and nontax payments.... .do Equals: Disposable personal income do Personal savin p1 § do NEW PLANT AND EQUIPMENT EXPENDITURES Unadjusted quarterly totals or averages: All industries bil. $ Manufacturing . ... Durable goods industries Nondurable goods industries Mining Railroad^ Transportation, other than rail Public utilities Commercial and other do do do _ _ _ _ _ do _ do do do do Seas. adj. qtrly. totals at annual rates: All industries . - BUSINESS POPULATION Firms in operation, end of quarter (seasonally adjusted) thous. 3 4, 583 3 4, 660 U.S. BALANCE OF INTERNATIONAL PAYMENTS! Quarterly Data are Seasonally Adjusted U S payments recorded _ __ ..mil. $ _ 29, 743 Imports: Merchandise Military expenditures.-. _ Other services _ Remittances and pensions Govt grants and capital outflows U.S. private capital Direct investments Long-term portfolio Short-term 'U.S. receipts, recorded Exports: Merchandise Services and military sales Repayments on U.S. Govt. loans Foreign capital other than liquid funds _ __do do _ - do do Excess of recorded receipts or payments (— )__.do Unrecorded transactions do Total, net receipts (+) or payments (— ) do Major special transactions do 3 -3.2 0 -1.9 -939 -653 -621 -900 -1,107 -103 271 33 -142 -212 -3. 743 -3. 929 -2, 454 -1.061 -1,173 -668 -620 528 335 -648 -524 -616 129 276 -100 -4. 078 -3. 405 -2. 583 -961 -1.173 Total, excluding special transactions do r Revised. *2 Estimates for Jan .-Mar. 1962 based on anticipated capital expenditures of business. Estimates for Apr .-June 1962 based on anticipated capital expenditures of business. Anticipated expenditures for the year 1962 are as follows (in bil. $): All industries, 37.10; manufacturing, total, 14.90; durable goods industries, 7.29; nondurable goods industries, 7.62; mining, 1.01; railroads, .80; transportation. 1.84; public utilities. 5.60; commercial and Digitized for.other, FRASER 13.00. 285 - 953 -290 621 -886 -1,283 -327 54 -465 109 -206 -763 -1,112 -1.434 -344 156 -80 — 444 79,4 2 2 9. 44 36. 60 —777 -1,489 75 — 5°0 — 344 — 5fiS — 709 -620 -683 1-1.112 -990 — QfiQ 3 Unadjusted. Data represent firms in operation as of Jan. 1. § Personal saving is excess of disposable income over personal consumption expenditures shown as a component of gross national product on p. S-l. fNote change in presentation: unadjusted data, as well as adjusted data for earlier periods, appear in the Mar., June, Sept., and Dec. issues of the SURVEY (front section).