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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 IF 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 o 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 (|), respectively; certain revisions for 1960 issued too late for inclusion in the aforementioned volume appear in the monthly >URVEY beginning with the July 1961 issue. Except as otherwise stated, the terms "unadjusted" and "adjusted" refer to adjustment for seasonal 'ariation. Statistics originating in Government agencies are not copyrighted and may be reprinted freely. Data from private sources are provided brought the courtesy of the compilers, and are subject to their copyrights. Jnless otherwise stated, statistics through 1960 and descriptive notes are shown in the 1961 edition of BUSINESS STATISTICS 1959 1960 | 1961 1959 II Annual total III 1960 IV I | II 1961 III I IV II 1962 | III IV I II Seasonally adjusted quarterly totals at annual rates GENERAL BUSINESS INDICATORS^Quarterly Series NATIONAL INCOME AND PRODUCTf bil. $ 400.5 415.5 427.8 405.6 400.6 403.9 413.9 417.2 416.6 414.4 411.8 424.3 431.3 444.0 448.9 456. 7 do 278 5 293 7 302 2 279 8 280 2 283. 0 290. 6 294.6 295. 8 293.9 294.1 300. 2 304. 5 309.9 315. 2 321. 7 Wages and salaries, total Private Military _ . _ _ _ _ _ _ _ _ Government civilian do do do do 258. 5 213. 1 9 9 35 4 271.3 222. 9 9.9 38 5 278.8 227. 0 10. 2 41.6 259. 7 214. 6 9.9 35.3 259. 9 214.4 9.9 35.7 262. 5 216. 5 9.8 36.1 268. 5 221.6 9.8 37.1 272.2 224. 4 9.8 38.0 273.3 224. 2 9.9 39.1 271.3 221.6 10.0 39.7 271. 2 220. 8 10.0 40.4 276. 9 225. 8 10.0 41.2 281.0 228.8 10.0 42.2 286. 1 232. 5 10.8 42. 8 289. 9 235. 0 11.2 43.7 295. 9 240. 1 11.2 44. 6 Supplements to wages and salaries do national income, totalf Compensation of employees, total Proprietors' income, total cf do. Business and professionalcf d( Farm _ _ do Rental income of persons d( Corporate profits and inventory valuation adj istment total bil $ 20.1 22 A 23.4 20.0 20.3 20. 6 22.0 22.3 22.5 22.6 22.9 23.2 23.5 23.8 25.2 25,8' 46. 5 35 1 11.4 11 9 46.2 34.2 12.0 11.9 47.8 34.8 13.1 12.3 47.2 35.5 11.7 11.9 46.0 35.4 10.6 11.9 45. 9 35.1 10.8 11.9 45.2 34.5 10.7 11.9 46.9 34.5 12.4 11.9 46.3 34.1 12.2 11.9 46.5 33.8 12.7 12. 0 46.5 33.7 12.8 12.0 47.2 34.5 12.7 12.2 48.1 35.1 13.1 12.3 49.5 36.0 13.6 12.5 49.1 36. 2 12.9 12.6 49.5 36.8 12.8 12.8 47 2 45.6 45.5 50.5 46.1 46.0 48.6 46.2 44.4 43.3 40. 1 45. 0 46.0 51.1 50.4 50.7 d( dc do do 47 9 3 94 — 7 2 5 5 45.4 22 4 93 o 51.9 49.2 24 3 9 4 9 — .6 46.4 22 9 9 35 43. 3 91 4 ?6 6 -1.3 46.5 22 6 9 39 -.5 45. 3 22 0 9 33 9 45. 6 22 3 9 33 .0 _ 9 1.2 42.8 21 1 21 7 .5 39.8 19 4 9 03 .3 44.8 219 9 2 9 2 46.3 22 6 23 7 -.3 51.4 25 1 9 6 3 -.3 50.1 24 4 25 6 .3 50. 9 24 9 26 1 2 do 16 4 18 1 20 0 16 2 16 4 17 0 17 6 17 7 18 2 18 8 19.1 19 8 03 21 0 21 5 22,0 do 482 7 503 4 518 7 487 8 482 7 488 5 501 7 504 8 503 7 503 3 500.8 513 1 522 3 538 6 545 0 552. 0 Personal consumption expenditures, total. .do 313.5 328. 5 338.1 313.0 316. 7 318.8 323. 9 329. 9 329. 8 330.5 330. 5 335.5 340.1 346. 1 350. 2 354. 9 43 0 18 1 18.9 44 8 18.8 19.1 43.7 17.2 19.3 44.4 19. 0 18.9 44.9 18.9 19.2 43 1 16.9 19. 3 45 1 19. 0 19.3 45 8 19. 5 19.2 44 5 18.3 19.1 44 0 18.3 18.7 40 8 15. 4 18.4 43 5 16.9 19. 2 44 0 16. 9 19.7 46 6 19.4 19.8 46 3 1 9. 1 19.7 47.2 20. 3 19.3 147 1 27.5 77 7 11 1 151 8 28.1 79 5 11.7 155. 2 28.6 81 1 11.9 147.0 27.8 77. 8 11.1 147. 7 27.7 77 4 11.3 148.9 27.8 78 3 11.3 150 0 28.1 78 5 11.5 152 6 28. 3 79 9 11 6 152 5 28.4 79 5 11 7 152 3 27.8 80 2 11 9 153.5 28.1 80 3 11.9 153 9 28.0 80 6 11 7 156.2 29. 0 81 5 11.9 157 2 29. 2 82 1 12 1 159 9 29. 8 83 7 12 1 161. 3 29.8 84.2 12.3 192 8 18 1 39. 6 10 0 131 9 19 6 41.8 10. 7 139 1 20 6 43.9 11. 1 121 5 17 9 39.4 9.7 124 0 18 2 39. 9 10. 2 196 8 18 8 40. 3 10. 5 1°8 9 19 2 40.9 10. 6 131 5 19 6 41. 7 10 6 132 19 42 10 134 20 42 10 136 2 20 2 43.1 10.9 138 0 20 6 43 6 10.9 139 9 20 7 44.1 11.1 142 3 21 0 44 8 11.4 144 21 45 11 146. 3 21 8 45.7 11. 5 Corporate profits before tax, total Corporate profits tax liability Corporate profits after tax Inventory valuation adjustment Net interest JFOSS national product, totalf Durable goods, total 0 do Automobiles and parts _ _ _ .__ -do. __ Furniture and household equipment. _ _ d o Nondurable goods, total 0 Clothing and shoes Food and alcoholic beverages Gasoline and oil _ _ Services total 0 Household operation Housing Transportation ____ do. do do do. _ do do „ ._ _ do do __ Gross private domestic in vestment, total do 95 9 91 9 8 7 2 6 2 0 6 7 9 1 3 2 5 72.7 72.4 69.3 79.0 68.8 73.2 79.1 73. 5 70.3 66.5 60.1 67.6 72.4 76.6 75.9 77.4 40.2 22 3 25.9 6 6 6.5 40.7 21 1 27.6 4 1 3.7 41.6 21 0 25.5 2 1 1.9 41.1 23 5 26.4 11 5 11.5 41.0 9 2 6 26. 6 1.1 1. 1 39. 6 21 3 26.4 7.1 7.0 40.9 21 5 27.4 10 8 10.6 40.7 21 2 28 4 4 4 4.1 40.5 21 0 27.7 2 1 1.7 40.7 20 5 26.8 —1 1 —1.5 39.3 19 0 24.4 —3.6 -3.9 41.0 20 1 24.6 2 1 1.8 42.6 21 9 25.8 4.0 3.8 43.2 22 8 27.4 6 0 5.9 41.6 21 2 27.6 6 7 6.6 44.5 23 3 28.9 4 0 3.9 do do do — .8 22 9 23.6 2 9 26 4 23.5 4.0 27 3 23.3 — 1.7 22 1 23.8 23 8 24.3 .0 23 8 23.9 1.4 25 3 23.9 2 4 26 5 24. 2 2 8 26 5 23.6 4 9 27 2 22.3 5.3 27 4 22 2 4.0 26 4 22.4 2.8 26.9 24.1 3.8 28 3 24. 5 3.7 28 2 24.5 3.7 29 0 25.3 Govt. purchases of goods and services, total, .do Federal (less Government sales) do National defense 9 do State and local _ do 97.2 53.6 46 2 43 6 99.7 53.2 45 7 46 5 107.4 57.0 49 0 50 4 97.5 53.9 46 5 43 6 97.8 54.0 46 4 43 8 96.5 52.8 46 1 43 7 97.2 52. 5 45 4 44 7 99.0 53.1 45 8 45 9 100.8 53.6 45 7 47 2 101.4 53 6 45 8 47 8 104.8 55.4 47 7 49 4 106. 0 56.6 49 0 49 4 106.9 56.5 48 4 50.4 112.1 59.5 50 8 52 6 115.2 61.9 53 0 53 3 116,0 62 1 53 2 54 0 do, .. do do do_ _ do do 476.1 244 0 91.5 152. 5 175 8 56 3 499.4 254 1 95 0 159.2 188 6 56 7 516.6 257 2 94 0 163.3 200 7 58 6 476.3 244 3 92 4 152.0 173 9 58 1 481.5 247 0 93 1 153.9 177 6 56 9 481.4 245 7 91 9 153. 8 181 3 54 4 490.8 251 3 94 0 157.3 183 8 55 8 4 2 9 3 7 4 501.5 254 9 94 8 160. 1 189 9 56 8 504.4 254 1 94 2 160 0 193 1 57 2 504.4 251 6 90 2 161.4 195 9 56 8 511.0 254 4 92 6 161.8 199 0 57 5 518.3 257 8 94 3 163.5 201 3 59.2 532.6 265 0 98 8 166. 3 206 6 61 0 538. 3 268 2 99 9 168.4 211 1 59 0 547 9 272 6 102 6 170 0 213 5 61 8 do. _. do do 6.6 3.5 3.1 4.1 2.3 1.8 21 .0 2.1 11 5 81 3.5 11 -2.0 3.1 71 2.6 4.5 10 8 8.6 2.2 4 4 2.8 1.6 2 1 1.0 1.1 —11 -3.3 2.2 -3 6 — 5.5 1.9 21 -1.3 3.4 4.0 3.4 .6 6 0 3.5 2.5 6 7 3.5 3.1 4 0 1.9 2,2 New construction. clo Residential nonfarm do Producers' durable equipment ... _ ___ do, _ Change in business inventories do Nonfarm _ . . do Net exports of goods and services Exports Imports By major type of product:*! Final sales, total Goods output total Durable goods Nondurable goods _ Services Construction Inventory change, total Durable goods _ Nondurable goods __. _._ r Revised. tRevised series. Estimates of national income and product and personal income have been revised back to 1959; revisions prior to May 1961 for personal income appearon p. 13 of the July 1962 SURVEY. ^Includes inventory valuation adjustment. ©In- 500. 256 96 159 187 56 cludes data not shown separately. 9 Government sales are not deducted, data back to 1947, see p. 35 of the July 1962 SURVEY. *For quarterly s-1 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 1 196) 1959 IV Annual total October 1<> 1961 1960 I II Ill IV I II 1962 III IV I II III IV GENERAL BUSINESS INDICATORS— Quarterly Series— Continued NATIONAL INCOME AND PRODUCT— Con.f Quarterly Data Seasonally Adjusted at Annual Rates GNP in constant (1954) dollars Gross national product total t - -bil. $ 428.6 440.2 447.9 431.1 440.9 442. 3 439. 7 437. 7 433. 9 443. 9 4,50. 4 463. 4 467.4 470.8 Personal consumption expenditures, total do 288. 9 298. 3 304.3 291.9 295. 6 299.7 299.1 298. 8 298. 2 302. 5 306. 0 310. 6 313.9 316.9 41 0 138.7 109.2 42 2 141.4 114.7 41.6 143.3 119.4 40.8 139.8 111.3 42.4 140.6 112.6 43.0 142.3 114. 5 41.8 141.9 115. 4 41.8 140.7 116.3 39.0 141.5 117.7 41.3 142.3 118.8 41.7 144.4 120.0 44.4 144.9 121.4 44.1 147.0 122.8 44.6 148. 1 124.1 61.7 60.7 57. 8 62. 0 66.7 61.5 58.6 55.8 50.0 56. 5 60.4 64.1 63.3 64.1 34.3 22.7 3.7 34.8 21.1 2.0 33.6 21 8 6.6 34.6 22.6 9.6 34.2 23.3 4.0 34.0 22.7 1.9 34. 3 22. 2 -.7 33.0 20.1 -3.0 34.3 20.2 2.0 35.6 21.3 3.5 36.1 22.7 5.4 34.6 22.8 5.9 36.7 23.8 3.7 1.0 1.5 3.3 3.5 1.7 .7 1.4 1.3 Nondurable goods Services _ do_ _ do ._ Gross private domestic investment, total_._do Change in business inventories do 34.4 21.4 5.9 Net exports of goods and services do -2.1 1.5 1.8 80.1 43.9 36.2 79.8 42.3 37.4 84.0 44.5 39.4 78.3 42.4 35.9 78.4 42.0 36.4 80.0 42. 9 37.1 80. 5 42. 7 37.8 79.9 41.8 38.1 82. 2 42. 9 39.2 83.3 44.4 38.9 83.3 44.1 39.2 87.2 46.7 40.5 88.9 48.3 40.6 89 2 48.6 40.6 383. 9 46.8 337. 1 400. 8 51.4 349. 4 416. 4 52. 8 363. 6 390. 2 48.3 341.9 395. 4 51.4 344. 0 401.4 51.9 349. 6 403.1 51.4 351.7 403.7 50.9 352. 7 405. 4 51.0 354. 3 413. 5 52. 5 361 . 0 419.4 53. 0 366. 3 427.3 54.6 372.6 432.0 56.4 375. 6 439 5 57.7 381.8 23.6 20. 9 25. 6 23. 1 20.1 19.7 22.0 •)9 9 23.8 25. 5 26.3 26 5 25 4 26.9 8.14 8.92 8.59 8.99 7.89 9.28 8.98 9.53 7.57 8.61 8.65 9.54 8.02 9.50 i 9.46 210.1' 3.02 1.44 1.57 3.02 1 . 80 1 . 82 3.42 1.57 1.85 3.57 1.74 1.83 3.09 1.55 1 . 54 3.76 1.S8 1.88 3.62 1.80 1.81 4.01 1.95 2. 06 3. 00 1.41 1.59 3.46 1.58 1.88 3.34 1.50 1.84 3.88 1.79 2.09 3.14 1.44 1.69 3.69 1.77 1.92 3.61 1. 74 1.87 4.1; 2.0: 25 .'S .51 1.42 2.72 25 .26 .48 1.42 2.89 .24 . 17 .46 1.38 2.92 .27 .22 . 55 1.51 2.87 .22 . 25 .47 1. 18 2. 69 .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 .26 .16 .47 1.06 2.94 97 .26 .60 1. 37 3.30 . 28 . 47 1.49 3. 38 2< . 1! . 5: 1.5! 3. 5* do. _. 33. 58 35. 15 36.30 35. 90 35. 50 33.85 33.50 34. 70 35.40 35. 70 36. 95 137.75 237.9; do 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 14.20 6. 55 7.60 14.45 6.95 7. 50 14. 65 7. 05 7. 60 1 4. g; 1.04 .85 2. 1 5 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 1.15 .70 2.05 5. 15 12. 45 1.05 .95 2. 25 5.40 12. S5 1.10 .95 1.90 5. 55 13. 55 l.lf . 71 1.9f 5. 5C 13. 7C New construction _ . do Government purchases of eoods and services, total Federal State and local bil. $.. - do do . DISPOSITION OF PERSONAL INCOMEf Quarterly Data Seasonally Adjusted at Annual Rates Personal income total bil. $ Less: Personal tax and nontax payments do Equals' Disposable personal income . __do_ Personal ^avin^ § do_ .. NEW PLANT AND EQUIPMENT EXPENDITURES Unadjusted quarterly totals or averages: All Industries bil. $. Manufacturing Durable goods industries Nondurable goods industries _ __ .do_ do do Mining "Railroads _ Transportation other than rail Public utilities _ Commercial and other do do, _. do do. _ do__. Seas. adj. qtrly. totals at annual rates: All industries _ Manufacturing Nondurable goods industries do Mining do Transportation other than rail Public utilities do do BUSINESS POPULATION Firms in operation, end of quarter (seasonally adjusted) thous -1.1 4, 583 •» 4. 658 3 4. 713 4, 670 4, 690 4,710 4. 720 4, 730 4,740 4, 750 4. 760 4. 770 4.780 4,790 U.S. BALANCE OF INTERNATIONAL PAYMENTS! Quarterly Data are Seasonally Adjusted U.S. payments, recorded mil. $_. 29, 548 31,317 31. 805 7, 541 7,549 7, 690 8, 000 8, 078 7, 690 7,411 8, 082 8, 622 8,291 8,030 3 Imports: Merchandise Military expenditures. Other services Remittances and pensions Govt. grants and capital outflows do do do do do 15,310 3, 107 4, 925 791 3, 040 14, 723 3, 048 5, 417 842 3? 405 14, 514 2, 947 5, 402 878 4,051 3, 802 754 1.300 196 741 3, 801 771 1, 347 204 708 3. 836 758 1,375 205 833 3, 664 797 1, 368 211 826 3, 422 7 92 1, 327 222 978 3. 369 770 1,309 221 962 3, 417 756 1,337 221 804 3.840 699 1.388 210 1.094 3,888 722 1,428 220 1,191 3.920 752 1.388 234 1, 050 4, 032 743 1, 405 222 1,032 U.S. private capital Direct investments Long-term portfolio Short-term do do do do 2, 375 1.372 920 3, 882 1, 694 850 1 , 33S 3, 953 1. 475 1,000 1, 472 08K 304 202 122 658 324 230 98 083 271 209 203 1,134 415 170 549 1. 407 084 235 488 1,059 457 120 482 876 209 218 389 845 429 194 222 1,173 320 474 379 947 229 398 320 330 -111 do 25, 393 27, 984 29, 940 6,715 6, 805 7, 055 7, 002 7, 002 7, 400 7, 953 0. 979 7, 614 7,709 7,983 do do. do do 16.282 7, 194 1.054 803 19,459 7, 554 030 335 19,915 8. 151 1, 274 000 4, 195 1,901 430 189 4, 657 1,827 170 211 4, 870 1. 909 147 123 4, 940 1,843 172 47 4, 980 1, 975 147 -46 5, 061 2, 008 133 198 4,768 2, 000 851 274 4. 940 1.951 81 5, 146 2,132 209 127 5,070 2.189 160 4 290 5, 345 2,307 237 94 -4, 155 -3, 333 -1,859 — 820 -684 U.S. receipts, recorded Exports: Merchandise _ _ _ _ _ _ Services and military sales Repayments on U.S. Govt. loans Foreign capital other than liquid funds Excess of recorded receipts or payments (— ) _ _ _ d o Unrecorded transactions _ _ _ do Total, net receipts (+) or payments (— ) do 412 -592 -002 -3, 743 -3. 925 -2,401 335 — 5'? 4 199 230 -590 -635 -998 -1,016 —290 -18 -117 -194 -263 —29 — 702 -752 985 — 881 — 7( 12 Total, excluding special transactions _ _ do. . — 4, ( >78 ' — 3, 40 1 — 2, 590 r Revised. v Preliminary. 1 Estimates for July-Sept. 1962 based on antici nited capital expenditures of business. 2 Estimates for Oct. -Dec. 1962 based on anticipated capital expenditures of business. Anticipated expenditures for the year 1962 are as follows (in bil. $): All industries, 37.16; manufacturing, total, 14.57; durable goods industries, 6.98; nondurable gooc s industries, 7.59; mining, 1.10; railroads, .83; transportation, 2.06; public utilities. 5.43; commercial and other, 13,16. ? Unadjusted. Data represent firms in operation as of J; n. 1; t s t m a l e for Jan. 1, 1962 80 -1,192 -1,279 414 -319 542 — 1, 103 -1,008 -306 170 724 193 -910 — 75 -400 -1,408 -520 -582 : : 2.1 7. 7( _::::: 596 — 47 106 -171 -476 -218 100 -672 -1,192 -835 -319 -548 -835 -888 -576 -295 (based on incomplete data) is 4,7 52,000. * Includes chan ges in no illiquid Govt. liabilities. t See corresponding note on p. S-l (i evisions prior to 3d qtr. ] 959 apr. _ar on i. 8 ft*, of the July 1962 SHKVEY.) § Persona saving is excess o disposa ole inconle over p ersonal c on sum pi ion expenditures shown as a component of gross n ational procluct o n p. S-l. £ Revised effective w r ith th .' June 1 )02 Sum EY; revi sions pri Dr to 3d qtr. 1959 will he a vail a >le later.
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