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BUSINESS STATISTICS
JL HE STATISTICS here update series published in the 1963 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 1959 through 1962 (1951-62, 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 1963 BUSINESS STATISTICS went to press are indicated by an asterisk
(*) and a dagger (t), respectively; certain revisions for 1962 issued too late for inclusion in the aforementioned volume appear in the monthly
SURVEY beginning with the August 1963 issue. Also, unless otherwise noted, revised monthly data (for periods not shown herein) corresponding
to revised monthly averages are available upon request. 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,
through the courtesy of the compilers, and are subject to their copyrights.
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS

1961

1962 | 1963

1961

I

Annual total

II

Data from private sources are provided

19 62

III

IV

I

| II

1964

1963
III

jj

I

IV

III

j

I

IV

Seasonally adjusted quarterly totals at annual rates

GENERAL BUSINESS INDICATORS—Quarterly Series
NATIONAL INCOME AND PRODUCT
T

bil. $

National income, total
Compensation of employees, total

426.1

453. 7

478. 1

411.1

423 2

429 0

441 0

444 7

452 4

455 5

46° 2

466 7

474 6

482 0

489.1

do

302.1

322.9

340.4

294.0

300. 1

304.4

309.9

316.0

322.5

325. 3

327.7

332.0

338.7

342.8

347.9

352. 5

278.8
227.0
10 2
41.6
23.3
48.1
35.3
12.8
12.1

297.1
241.6
10.8
44.7
25.7
49.8
36. 5
13.3
12 0

312. 3
253.0
11.0
48. 3
28.0
50. 5
37.7
12. 8
12. 1

271 2
220'. 8
10 0
40.4
22.8
47.0
34.2
12 8
12. 1

276. 9
225 8
10 0
41 2
23.1
47 6
35.0
12 6
12 1

281. 0
228 8
10 0
42 2
23.4
48 3
35.7
12 6
12 1

286. 1
232 5
10 8
42 8
23.8
49 5
36.3
13 2
12 0

290.7
236 1
11 1
43 6
25.2
49 5
36.0
13 5
12 0

296.8
241 7
11 0
44 1
25.7
49 6
36.5
13 1
12 0

299.4
243 7
10 7
45 0
25.9
49 8
36.6
13 2
12 0

301.5
244 7
10 5
46 3
26.2
50 3
36.9
13 4
12 0

304. 5
246 7
10 7
47 1
27.5
50 7
37.2
13 5
12 0

310.8
252 2
10 8
47 8
27.9
50 0
37.4
12 6
12 0

314.6
255 1
10 8
48 7
28.2
50 5
37.8
12 7
12 1

319.4
258 1
11 8
49 5
28.5
50 8
38.2
12 6
12 2

323. 0
261 1
11 8
50 7
28.8
50 8
38. 6
12 2
12 3

43 8

47.0

51.1

38 8

43 6

44 0

48 6

46 1

4f 5

46 1

49 3

48 8

50 1

52 2

53 2

43.8
22 0
21.8
15 3
6 5
.0

46.8
22 2
24.6
16.6
81
.2

51.5
24 4
27.1
17.8
9 3
—.4

38
19
19
15
4

43
21
21
15
6

44 3

48
24
24
15
8

45
21
24
16
8

46
22
24
16
8

46
21
94
16
7

48
29
25
17
8

48 3

51
24
26
17
9

52
24
27
17
9

Wages and salaries, total
do__. .
Private
do .„
Military
do
Government civilian
.
do
Supplements to wages and salaries
do
Proprietors' income, totaled
. _ __ _do_ __
Business and professionalcT
do
Farm
_.
_ _do
Rental income of persons
_
_
do __
Corporate profits and inventory valuation adjustment, total
_.
bil. $
Corporate profits before tax, total.
Corporate profits tax liability
Corporate profits after tax___ __
Dividends
Undistributed profits
Inventory valuation adjustment
Net interest

do
do
do
do
do
do

5
4
2
0
2
3

4
8
6
1
5

y> 3
22
15
6
—

0
2
8
3

9
6
3
8
5

9
7
2
2
0
1

7
1
6
4
i
2

2
9
3
5
8
1

4
Q
5
1
4
9

99 9

25 4
17 1
8 3
4

0
2
8
6
2
9

2
7
5
6
8

o

54
25
28
18
9
—1

3
8
6
8
7
1

497. 1

r 56

T 5f,
24
r 3{
iq

2
9
2
i

r 19 1
_ 9

do

20 0

22 0

24 1

19 1

19 8

20 3

91 0

21 2

21 7

22 3

23 0

23 3

23 7

21 3

25 0

do

518 2

554 9

585 1

500 4

512 5

521 9

537 8

544 5

552 4

556 8

565 2

571 8

579 6

588 7

600 1

608

Personal consumption expenditures, total. _do

336.8

355.4

373.1

330.7

334.9

337.9

343.8

348.8

352.9

356.7

362.9

367.4

370.4

374. 9

379.9

387.9

Durable goods, total ®
do
Automobiles and parts
_
do
Furniture and household equipment. _ .do
Nondurable goods, total©
do
Clothing and shoes
do
Food and alcoholic beverages
do
Gasoline and oil . _
do
Services, total 0
do
Household operation... _ _
do
Housing
do
Transportation
.
_
__ do

43 6
17 1
19.2
155.1
28.6
81 1
11 9
138 0
20 4
44 1
10 7

48 2
20 4
20.2
161.4
29.8
84 2
12 3
145 7
91 5
46 6
11 3

51 5
22 3
21.3
167. 1
30.3
86 7
13 0
154 5
22 6
49 2
12 1

41 2
15 7
18.3
153.9
28.2
80 6
11 9
135 6
20 0
43 3
10 7

43 1
16 7
19.1
154.5
28.2
81 0
11 7
137 3
90 4
43 8
10 6

43 9
17 0
19.6
155.3
28.6
81 2
11 9
138 8
90 6
44 4
10 7

46 4
18 9
20.0
156. 9
29.3
81 6
119
140 5
20 8
45 0
10 8

47 3
19 7
20.0
158.9
29.7
82 7

47 ^
20 1
19.8
160.6
29.5
83 9
12 2

47 7
19 8
20.3
162.5
29.9
85 0
19 3

50 6
29 o
20.9
165. 3
30.2
85 8

51 0
22 3
20.7
165. 9
29.7
86 3
13 0

50 8
2l' 5
21.3
168. 6
30.9
87 2

53 6
23 3
22.3
168. 7
30.4
87 4
13 2

142
21
45
11

1 AA

1 4fi fi

92 2
48 2
11 8

2^ 4
48 8
12 1

99 o

49 5
12 ^

93 A
50 2
I9 3

51
197

69.0

78.8

82.3

59.6

66.6

72.0

77.6

77.3

79.6

78.9

78.8

77.8

80.7

83.7

87.1

84.8

41 6
21.0
25.5
1.9
1 5

44 4
23.2
28.8
5.5
4 9

46 6
25. 0
30. 9
4.7
4 2

39 3
19.0
24.6
-4.3
—4 6

41 0
20.1
24.5
1.1
g

42 6
21.9
25.8
3.5
3 2

43 2
22.8
27.1
7.2
6 9

41 7
21.2
27.4
8.1
7 6

44 5
23.3
28.7
6.5

46 0
24.2
29.3
3.6
2 0

45 0
23.7
29.9
4.0
3 9

43 7
22. 7
29.0
5.1
4 0

AK. Q

47 Q

4Q 9

24.8
30.7
4.3
3(*

25.9
31.6
4.2
3 ij

26.8
32.5
5.4

4.4
27 5
23 1

38
28 9
25 1

4 5
30 7
26 2

5 4
27 5
22 1

4 3
26 5
29 2

4 i
27 8
23 7

4 0
og 3
24 2

33
27 9
94 g

4 4
29 5
25 0

4 1
29 4

33
28 8

3 6
28 6

4 0
30 7

qi

Govt. purchases of goods and services, totah.do
Federal (less Government sales)
do
National defense 9
do... I
State and local
do

107.9
57.4
49.0
50.6

117.0
62.4
53.3
54 6

125.1
66.3
56.7
58 8

104.7
55.4
47.5
49 3

106.8
57.1
49.0
49 7

107.9
57.1
48.6
50 8

112.3
59.8
50.9
59 5

115. 1
61.8
52. 5
53 3

115.5
61.9
52.9
53 6

117.0
62.4
53.5
54 6

120.2
63.6
54.3
56 6

123.0
65.5
56.4

123.8
66. 5
56.7

E

c7 o

125.7
66.4
56.7
rn A

By major type of product:
Final sales, total
Goods, total
Durable goods
Nondurable goods
Services
Construction _ _ _ _ _ _

516 3
257 3
93.8
163.5
200 4
58 6

549 3
272 8
101.5
171.3
214 5

580 3
286 9
109.6
177.2
228 0
65 4

^04 7
252 8
90.6
162.2
19* 3
56 7

511 4
°54 6
92.1
162.5
199 1
57 7

518 3
257 6
94.3
163. 3
201 5
59 2

530 5
264 0
98.2
165.8
205 7
60 9

536 3
268 1
99.9
168.2
209 0
59 2

KA(\ o

KJ-O

270 7
99.9
170.8
213 5

974 8

977

102.6
172.1

103.5
174.0

106.3
175.3

91 ^ 9

990 9

999 ^

109.6
176.0

99fi £

110.0
178.3

fi1 8

f><3

3 5
2 o
1.5

7 2
4 7
2.5

81
4 0
3.3

6 e
3 1
3.4

3

4.0

1.3

1. 8
2.4

Gross national product, total

Gross private domestic investment, total
New construction
Residential nonfarm
Producers' durable equipment
Change in business inventories
Nonfarm _
Net exports of goods and services
Exports
Imports
.

do
do
do
do
do
do
do. _
do
do

___

do
do
do
...do
do
do

Q9 I

Inventory change, total
do
19
5 5
11
4 3
4 7
2 9
Durable goods
do
— 4
2 1
6 6
15
Nondurable goods..
do
2.2
2.6
2.3
2.6
2.6
r
1
Revised.
p Preliminary. rf Includes inventory valuation adjustment.
© Includes




19 1

6
3
6
1

0

91 ^
46 3
11 3

C

data not shown separately.

0

21 5
46 9
11 4

OK q

Kf\

C

92 2
20.6
163.6
29.9
85 2
i9 a

198
-1 r l

91 8
47 (5

11 6

9(r jr

-jq -i

4 3
»

a

1.2

5
39

-i q q

27. 1
32.9
2.1

A

127.7
66.6
57.2
f-\ n

128.8
66. 9
57.1
61. 9

112.6
179.2

605.8
299. 1
116
183.1
237. 1
69.7

2. 5
2.9

2.1
.9
1.3

A

2.6

23.1
172.4
32.1
89 ^

*<

£

4

K

594. 8

C7

A

f><3

RC

94 1

1 C7 7

»

-J

-1

25 0

9 Government sales are not deducted.

s-1

June 19C4

SUKVEY OF CURRENT BUSINESS
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS

1961

| 1962

1961

1963

Annual total

III

1962
I

IV

II

1963
III

I

IV

II

1964
III

i | n

IV

III

GENERAL BUSINESS INDICATORS -Quarterly Series—Continued
NATIONAL INCOME AND PRODUCT— Con.
Quarterly Data Seasonally Adjusted at Annual Rates
GNP in constant (1954) dollars
Gro^s national product total
bll. $ _ 447.7

474.8

492. 9

450. 4

463.1

467.8

474.0

475. 6

481.4

485. 3

489. 4

495.1

501. 7

506. 4

303. 6

317.6

328. 9

304. 5

309.2

313. 0

315.9

318. 6

322.9

325. 5

327. 0

330. 1

332. 8

339.0

41.5
143.3
118.9

45.6
147. 8
124. 3

48.6
151.3
1 29. 0

41.6
143. 5
119. 4

44.1
144.7
120. 4

44.7
146.0
122.3

44.7
1 47. 4
123. 8

45.0
148.8
1.24. 8

47.8
148.9
126. 2

48.1
150.1
127.3

48.0
150.5
128. 5

48.0
152.6
129.6

50. 4
151.9
130. 6

52.5
154. 8
131.7

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

_ do
do
do .

j
|

do

57. 5

65. 2

67. 7

59.9

64.7

64.4

66. 0

64.8

65.2

64.6

66. 4

68. 6

71.4

68.9

New construction _
__
Producers' durable equipment
Change In business inventories

do
do
_ do

34.7
21.0
1.7

36.7
23.8
4.8

37.8
25. 5
4.4

35.5
21.3
3.1

36.0
22.4
6.3

34.7
22.7
7.0

36. 8
23.6
5.7

37.8
24.2
2.9

36.9
24.8
3.4

35. 7
24.0
4.9

37.3
25.3
3.8

38. 6
26.1
4.0

39. 5
26. 8
5. 0

39.8
27.0
2. 1

Net exports of sroods and services

do

Gross private domestic Investment, total

2.3

1,8

2.6

1.9

1.7

.9

2.6

1.4

1.8

2.8

2.3

3. 3

4. 5

84.3
44.8
39.5

90.2
49.0
41.2

93. 7
50, 5
43. 2

84.2
44.6
39.5

87.4
47.0
40.4

89. 4
48.7
40.7

89. 5
48.8
40.7

89.9
48. 8
41.1

91.9
49.6
42.3

93.4
50. 6
42.9

93.2
51.0
42. 1

94.1
50.7
43.4

94.2
49.8
44.4

94.1
49.3
44.7

DISPOSITION OF PERSONAL INCOME
Quarterly Data Seasonally Adjusted at Annual Rates
Personal Income, total
_ bll. $__ 417. 4
52.9
Less* Personal tax and nontax payments
do
364. 4
Equals' Disposable personal income
do
27.6
Personal saving §
do

442.1
57.7
384.4

463. 0
60. 5
402. 4

420. 2
53.0
367. 2

428.0
54. 9
373. 1

433. 5
56.2
377.3

440.7
57.9
382. 7

444. 5
58. 1
386. 5

449. 9
58. 5
391.4

453. 9
59.4
394.5

459. 9
59. 9
400. 0

465. 2
60.8
404.4

473. 0
62.1
410. 9

479.1
60.4
418.7

29.1

29. 3

29.2

29.3

28.5

29.8

29.7

23. 5

27. 1

29.6

29. 5

31.0

30.8

Govt. purchases of goods and services, total .do
Federal
do ._
State and local
do

NEW PLANT AND EQUIPMENT
EXPENDITURES
Unadjusted quarterly or annual totals:
All Industries
. bll. $

34.37

37.31

39. 22

8. 65

9.54

8. 02

9.50

9.62

10.18

8.25

9.74

10.14

11.09

Manufacturing
_
Durable goods Industries
Nondurable goods industries

do
do
__do

13.68
6.27
7.40

1 4. 68
7.03
7.65

15.69
7. 85
7.84

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 72
1.79
1.93

4.13
2.03
2.10

3.27
1.62
1.65

3.92
1.96
1. 95

3.95
1.96
1.99

4.56
2. 31
2. 25

'3.79
' 1.93
' 1.87

' 4. 54
r 2 29
' 2. 20

4.62
2.23
2.39

Mining
_
Railroads
Transportation, other than rail
Public utilities
Communications
Commercial and other

do
do
do
do
do
do

.98
.67
1.85
5. f.2
3. 22
8.46

1.08
.85
2.07
5.48
3.63
9.52

1.04
1.10
1.92
5. 65
3.79
10. 03

.25
.16
. 47
1.50
.78
2.16

.26
. 16
. 50
1.54
.88
2.32

.26
.16
.47
1.06
.88
2.06

.27
.26
.60
1.37
.93
2. 37

.28
.24
.50
1.54
.87
2.48

27

!?>0
1. 52
.95
2. 60

.24
.21
.39
1.04
.85
2.26

.26
.28
.54
1.40
.95
2.41

.27
.29
.45
1.60
.93
2.64

.28
.33
.54
1.61
1.06
2.72

' . 26
' .32
'.51
' 1. 18
.97
' 2. 37 '

.28
'.38
'.60
' 1. 53

.28
.34
.53
1.63

Seas. adj. qtrly. totals at annual rates:

35. 40

35. 70

36. 95

38.35

37. 95

36. 95

38. 05

40.00

41. 20

' 42. 55 i 43. 35 2 44. 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

15.05
7.25
7.80

15. 00
7.30
7.70

14. 85
7. 35
7, 50

15.30
7. 65
7.65

15.95
8.00
8.00

16.45
8. 30
8.15

' 17. 40 ' 17.85
18.60
' 8. 85 ' 8. 95 9
' 8. 55 ' 8. 90 9.55

-do

_

1.00
.65
1.90
5 65
3 on
8.60

1.00
. 60
1.95
5.55
3. 35
9.00

1.15
.70
2.05
5.15
3.70
8.75

1.05
.95
2.25
5.40
3.65
9. 25

1.10
1.00
2.00
5. 75
3.60
9. 85

1.00
.80
1.90
5. 45
3.60
10.20

1.05
.90
1.70
5. 20
3. 55
9.65

1.00
1 . 00
2.05
5. 45
3.65
9.65

1.05
1.20
1.85
5.90
3.85
10.20

1.05
1.35
2. 10
5.80
4.05
10. 45

1.15 ' 1. 05 1.10
1.40
' 1.30
1.35
2. 30 ' 2. 15 2.15
5. 95 ' 6. 15 6
4.05
' 10. 25'314.85 315.05

4, 780

4, 790

4, 800

4,815

4, 825

4, 835

4, 850

4,860

4,875

' 8, 447 '8.151

'8,312

' 8, 576 ' 8, 603 ' 9. 679

' 8. 383 ' 9. 045

9,113

' 4, 058 ' 4, 088 ' 4, 040 ' 4, 017 ' 4, 197
' 747
'731
'792
'749
'745
' 1.462 ' 1 . 465 ' 1,504 '1.529 ' 1.578

' 4, 353 ' 4. 364
'711
'708
' 1,595 ' 1.630

' 4. 347
720
1,613

BUSINESS POPULATION
Firms in operation, end of quarter (seasonally adjusted)
thous

* 4,713

* 4, 797

4. 760

4. 770

U.S. BALANCE OF INTERNATIONAL
PAYMENTScft
Quarterly Data are Seasonally Adjusted
U S payments recorded
mil $

'31,791 '33,486 '35.710

' 8. 005

'8,616

_ _ __

<4,755

r

do
do
do

U.S. private capital (net)
Direct investments
Long-term portfolio
Short-term

3. 826
3, 948
3, 881
14, 497 '16.134 '16,931
'714
' 2, 954 ' 3, 044 ' 2, 897 ' 695
'758
' 5, 401 ' 5, 843 ' 6, 332 ' 1 , 346 ' 1 , 389 ' 1,412

do
do

_ __

Remittances and pensions
Govt. grants and capital outflows

705
'738
' 4, 054 ' 4, 293

__.do
do
do
do

'
'
'
'

'826
' 4, 522

4, 180 ' 3, 434 ' 4. 202
1,599 ' 1,654 ' 1 . 862
1.025 r 1,227 '1.644
' 553
' 696
1, 556

'174
1 , 034

_

' 7. 262 ' 7 , 7 1 7

'30,419 '32,394 '33, .352

do
do

4. 987
19. 91 3 '20,576 '21.938
' 8. 525 ' 9, 508 ' 9. 735 '2.134

Repayments on U S Govt. loans
do
Foreign capital other than liquid funds (riet)_do
Excess of recorded receipt* or payments ( — )
Unrecorded transactions (net)

do
do

1,274
'707

' 1 , 280
' J . 030

' 969
' 71 0

174
'1,206

' 930 ' 1.252
' 435
' .377
'259
' 445
T
236
' 430

do

U S receipts recorded
Exports:
Merchandise
Services and military sales

3 3. 72 33. 79

34.70

Transportation, other than rail
do
Public utilities___do____
Communications
_ _. _ _ do

Imports:
Merchandise
Militarv expenditures
Other services

2 11.19

do
do

Manufacturing.
Durable goodsindustrles
Mining--

'9.40 'U1.05

99
'42

5, 121
'2.187
196
213

r
' 213
'219
' 191
' 187
' 185
' 203
' 189
177
' 1,074 ' 1 , 065 ' 1, 066 ' 1.088 ' 1 , 041 ' 1 . 333 ' 1 . 009 ' 1. 139

' 1 , 068
' 260
'390
'418 '

' 628
'446
' 303
-121

'771
'417
'208
' 146

'
'
'
'

907 '1,056 ' 1.621
' 581
' 451
531
' 598
' 521
326
110 ' -46
' 572

' 512 ' 1.013
' 594
' 236
r
223
' 302
' 196
' —26

' 8. 3)37 ' 8, 528 ' 8. 832

' 7, 706 ' 7, 925 ' 8. 408

'
'
'
'

202
897

1,334
463
226
645
9, 179

r
' 5, 032
' 5. 288 ' 5.019 ' 4, 984 ' 5, 459 ' 5, 597 ' 5, 898 6, 087
2, 771
' 2. 1 98 ' 2*. 397 • ' 2. 339 ' 2. 574 ' 2, 432 ' 2. 421 ' 2, 375 ' 2. 507

' 150
' 326

"54

' 606
' 175

' 287
' 475

' r 166
73

190
' 267

'424
' 132

'-1,372 '-1,092 '-2,358 ' -743 ' —899 ' 741 ! ' —226
' 145
' 96 ' 221 ' -948 '-1,342
'43 ' -.332
; '
-214 ! ' -430
' -460 ' -124 1
' 42 ' -277
'-998 '-1,111 ' -286

189
' 238
' -213
73

P
:::::::

1

216
105
06
-108

Total, net receipts or payments (— )
do
—2,370 '-2,203 '-2,644 ' -700 ' -1,231 '-748 ' -440 ' -334 ' -681 '-1,072 '-1,300 ' -132 ' -140 ' -42
Xet receipts or payments (— ), inch transactions in j
j
nonniarketable, medium-term convertible Govt.
' -722 '-1,148
'-1.942
'43 ' -115 ' -42
securities
mil $ i -r
p
4
Revised.
Preliminary.
Unadjusted. Data represen t firms i n operat on as of Jan. 1; evStimate for Jan. 1, 19(
1
Estimates for Apr .-June 1964 based on anticipated capital expenditures of business.
is based on incomplete data.
2
Estimates for July-Sept. 1964 based on anticipated capital expenditures of business.
§Personal saving is excess of clisposabl e income3 over p ersonal c onsumpt ion expenditur
Anticipated expenditures for the year 1964 arc as follows (in bil. $): All industries, 43.92;
shown as a component of gross n ational ] )roduet o n p. S-l
manufacturing, total, 18.25; durable goods industries, 9.05; nondurable goods industries,
d"More complete details are given ii i the qu arterly *eviews in the I*tfar., June, Sei
9.20; mining, 1.09; railroads, 1.44; transportation, 2.21; public utilities. 6.03; commercial and
and Dec. issues of the SURVEY.
 communications), 14.90.
other (incl.
'•* Includes communications.
{Revisions for 1960 — 2d qtr. 1 461 appo ir on p. 10 of this SURVEY




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