The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
March 1978 SUEVEY OF CURRENT BUSINESS 10 NATIONAL INCOME AND PRODUCT TABLES 1976 1977 r III IV I II 1977 1976 1977 1976 III IV r 1976 1977 r III IV I II III IV r Seasonally adjusted at annual rates Seasonally adjusted at annual rates Billions of 1972 dollars Billions of current dollars Table 1.—Gross National Product in Current and Constant Dollars (1.1, 1.2) Gross national product Personal consumption expenditures.. Durable goods Nondurable goods. Services ,706.5 1,889.6 1,727.3 1,755.4 1,810.8 1,869.9 1,915.9 1,961.8 1,274.7 1,337.3 1,283.7 1,287.4 1,311.0 1,330.7 1,347.4 860.4 839.8 850.4 822.7 861.2 854.1 821.3 ,094.0 1,211.2 1,102.2 1,139.0 1,172.4 1,194.0 1,218.9 1,259.5 1, 360.2 136.5 332.4 391.4 141.6 342.7 395.5 158.9 442.7 492.3 173.0 195.5 179.4 169.2 186.7 197.2 200.8 197.5 164.5 183.7 165.6 171.0 177.0 184.0 185.1 188.7 187.5 62.6 124.9 193.5 64.5 129.0 116.8 37.1 79.7 126.8 38.4 88.4 118.5 37.1 81.4 119.0 37.3 81.7 124.3 37.0 87.3 126.4 38.2 88.1 127.6 38.9 88.7 128.9 39.4 89.5 90.8 88.2 1.2 1.4 92.5 89.9 1.1 1.5 99.7 97.1 1.0 1.6 47.7 46.0 .7 1.0 56.9 55.1 .7 1.1 47.1 45.4 .6 1.0 52.0 50.2 .7 1.1 52.7 50.9 .7 1.1 57.6 55.7 .8 1.1 57.5 55.7 .7 1.1 59.9 58.0 .6 1.2 13.8 14.1 -.3 21.7 22.4 -.7 23.6 23.1 .5 13.5 9.0 4.5 8.5 10.1 -1.6 11.8 11.1 .7 13.8 14.4 -.6 -1.8 .7 -2.5 9.7 9.9 -.2 13.2 13.6 -.5 15.7 15.3 .4 8.7 5.5 3.2 -8.2 -9.7 -7.5 -18.2 16.0 9.5 17.0 13.8 10.6 9.4 12.2 5.9 96.9 83.1 96.9 86.3 98.5 89.1 99.8 87.6 94.8 88.9 182.4 61.0 121.4 81.0 78.5 1.1 1.4 1.4 -2.3 3.0 294.2 254.3 243.4 271.8 230.0 276.1 232.8 244.3 258.0 Nonresidential Structures Producers' durable equipment.. 161.9 55.8 106.1 185.1 61.5 123.6 164.9 56.0 109.0 167.6 57.0 110.6 177.0 57.9 119.2 Residential Nonfarm structures Farm structures Producers' durable equipment.. 68.0 65.7 1.0 1.3 91.0 88.4 1.1 1.4 67.8 65.7 .9 1.3 76.7 74.3 1.1 1.3 13.3 14.9 -1.6 18.2 17.1 1.0 21.5 22.0 7.8 -10.9 7.9 Net exports of goods and services Exports Imports Government purchases of goods and services.. Federal National defense.. Nondefense State and local 879.8 293.2 303.6 280.0 243.3 Change in business inventories. Nonfarm Farm 137.9 330.0 386.3 306.7 294.9 273.2 166.3 458.8 513.9 Fixed investment 136.9 329.7 383.8 138.2 333.7 389.2 186.0 499.9 573.7 159.3 444.7 498.2 Gross private domestic investment- 130.7 329.4 379.7 127.5 321.6 372.2 177.6 481.8 559.5 179.8 480.7 550.7 177.0 466.6 528.8 178.6 474.4 541.1 127.1 321.5 374.0 97.9 i 80.9 162.9 155.1 174.7 185.6 168.4 160.6 168.5 165.6 170.4 178.6 178.1 187.7 179.9 187.4 170.6 188.8 95.8 79.8 97.5 88.0 361.4 395.0 363.0 370.0 374.9 390.6 400.9 413.8 264.4 271.1 264.6 264.6 263.3 270.0 274.0 277.0 130.1 86.8 43.3 231.2 145.4 94.3 51.1 130.2 86.4 43.8 232.7 134.2 88.4 45.8 235.8 136.3 89.7 46.7 238.5 143. 6 93.4 50.2 247.0 148.1 95.6 52.5 252.9 153.8 98.5 55.2 260.0 96.5 101.4 96.7 97.1 97.0 101.1 103.3 104.2 167.9 169.7 168.0 167.5 166.4 168.9 170.7 172.8 249.6 Table 2.—Gross National Product by Major Type of Product in Current and Constant Dollars (1.3, 1.5) __ 1,706.5 1,889.6 1,727.3 1,755.4 1,810.8 1,869.9 1,915.9 1,961.8 1,274.7 1,337.3 1,283.7 1,287.4 1,311.0 1,330.7 1,347.4 1,360.2 Final sales Change in business inventories. Goods Final sales Change in business inventories. 1,693.1 1,871.4 1,705.8 1,756.3 1,797.0 1,848.2 1,892.2 1,948. 2 1,266. 2 1,325. 5 1,269.8 1,289.2 1,301.2 1,317.5 1,331.8 1,351. 5 13.2 15.7 9.7 13.8 -1.8 8.5 23.6 11.8 13.3 18.2 21.5 13.8 21.7 13.5 8.7 624.4 608.5 617.0 602.4 586.9 581.9 613.1 843.5 827.1 580.1 764.2 834.7 774.7 862.5 776.0 805.9 615.7 595.3 601.3 592.7 583.7 573.0 601.2 571.6 775.6 805.4 819.9 849.0 750.9 754.5 792.1 816.6 13.2 8.7 15.7 -1.8 9.7 13.8 8.5 11.8 13.5 21.5 13.8 21.7 23.6 13.3 18.2 Gross national product Durable goods Final sales Change in business inventories. 303.4 299.3 4.1 341.3 332.2 9.1 313.4 302.7 10.7 312.6 312.0 .6 334.4 326.6 7.8 341.0 329.5 11.5 342.3 332.1 10.3 347.6 340.9 6.8 235.2 232.4 2.8 253.8 247.7 6.1 240.8 233.5 7.2 237.0 237.0 .1 252.3 246.7 5.6 254.7 247.4 7.3 253.5 246.8 6.7 254.8 250.1 4.6 Nondurable goods Final sales Change in business inventories. 460.9 451.6 9.3 493.4 484.3 9.1 462.6 451.8 10.9 462.1 463.6 -1.6 471.5 465.6 6.0 486.1 475.9 501.2 487.8 13.4 514.9 508.1 6.8 344.9 339.3 5.7 359.3 353.5 5.8 346.1 339.5 6.6 344.8 346.7 -1.9 350.1 346.0 4.2 353.8 347.9 5.8 363.5 354.5 9.0 369.7 10.2 782.0 169.2 867.4 187.5 791.8 159.6 813.8 166.9 833.7 171.2 855.3 187.5 881.6 190.7 898.8 200.4 584.7 109.9 606.2 118.0 587.9 108.8 593.6 111.9 597.1 111.5 602.9 119.3 611.1 119.4 613.8 122.0 Services.... Structures. 365.6 4.1 Table 3.—Gross National Product by Sector in Current and Constant Dollars (1.7, 1.8) Gross national product Gross domestic product Business Nonfarm Nonfarm less housing.. Housing Farm Statistical discrepancy... Residual» Households and institutions.. Government Federal State and localRest of the world. r Revised. See other footnotes en following page. 1,706.5 1,889.6 1,727.3 1,755.4 1,810.8 1,869.9 1,915.9 1,961.8 1,274.7 1,337.3 1,283.7 1,287.4 1,311.0 1,330.7 1,347.4 1,360.2 1,692.1 1,872.5 1,712.0 1,740.9 1,793.2 1,851.4 1,898.2 1,947.1 1,268.0 1,330.1 1,276.7 1,280.9 1,303.3 1,322.8 1,340.1 1,354.2 1,444.3 1,603. 6 1,463.0 1,485.2 1,532.3 1,586.4 1,628.1 1,667. 7 1,082. 0 1,141. 2 1,090.5 1,093.9 1,116. 2 1,390.9 1,553.5 1,409.4 1,433.4 1,478.0 1,536.7 1,580.0 1,619. 2 1,043. 8 1,104.5 '., 051. 2 1,054.8 1,077.8 944.7 1,258.7 1,407.3 1,275.4 1,296.8 1,337.4 1,392.7 1,431.9 1,467. 3 934.9 941.6 966.7 991.8 144.1 151.9 110.2 109.6 132.3 146.1 111.1 134.0 140.6 148.0 112.8 108.8 136.5 50.8 52.1 32.2 34.1 47.9 50.3 35.1 51.0 47.2 45.6 33.0 35.8 46.4 -1.2 -3.6 5.5 -.2 3.3 .9 8.0 5.3 3.4 7.0 5.2 4.9 .9 134.9 1,150. 5 1,163. 3 099.8 1,112.7 1,127. 8 987.8 999.3 1,013.3 112.1 113.4 114.5 34.9 36.2 37.1 .2 1.6 56.2 63.0 56.4 58.3 60.4 62.0 63.6 66.2 40.2 41.4 40.0 40.6 40.6 41.2 41.7 -1.5 42.1 191.6 62.4 129.2 205.8 66.5 139.4 192.6 61.8 130.7 197.5 64.7 132.8 200.5 65.4 135.1 203.1 65.5 137.6 206.5 65.8 140.7 213.2 69.1 144.1 145.8 48.4 97.3 147.5 48.6 98.8 146.2 48.5 97.7 146.4 48.6 97.8 146.5 48.6 97.9 146.7 48.6 98.1 147.9 48.7 99.2 148.7 48.7 100.1 14.4 17.1 15.3 14.4 17.6 18.4 17.7 14.7 6.7 7.2 7.0 6.5 7.7 7.9 7.4 6.0 NOTE.—Fourth quarter 1977 corporate profits and related totals are preliminary and subject to revision next month. HISTORICAL STATISTICS The national income and product data for 1929-72 are in The Documents; see addresses inside front cover). Data for 1973 and 1974-76 are in the July 1976 and July 1977 issues of the SURVEY, Statistical Tables (available for $4.95, SN 003-010-00052-9, from respectively (except for seasonally unadjusted quarterly estimates, Commerce Department District Office or the Superintendent of which are in the September 1976 and August 1977 issues). National Income and Product Accounts of the United States, 1929-74: CURRENT BUSINESS STATISTICS X HE STATISTICS here update series published in the 1975 edition of BUSINESS STATISTICS, biennial statistical supplement to the SURVEY That volume (available from the Superintendent of Documents for $6.80) provides a description of each series, references to sources of earlier figures, and historical data as follows: For all series, monthly or quarterly, 1971 through 1974 (1964-74 for major quarterly series), annually, 1947-74; for selected series, monthly or quarterly, 1947-74 (where available). Series added or significantly revised after the 1975 BUSINESS STATISTICS went to press are indicated by an asterisk (*) and a dagger (f), respectively. Unless otherwise noted, revised monthly data for periods not shown herein corresponding to revised annual data are available upon request. The sources of the data are given in the 1975 edition of BUSINESS STATISTICS; they appear in the main descriptive note for each series, and are also listed alphabetically on pages 187-88. Statistics originating in Government agencies are not copyrighted and may be reprinted freely. Data from private sources are provided through the courtesy of the compilers, and are subject to their copyrights. OF CURRENT BUSINESS. 1975 Unless otherwise stated in footnotes below, data through 1974 and descriptive notes are as shown in the 1975 edition of BUSINESS STATISTICS 1976 1977 1974 IV 1975 I II 1977 1976 III IV I II III IV I II III IV Annual total Seasonally adjusted quarterly totals at annual rates GENERAL BUSINESS INDICATORS—Quarterly Series NATIONAL INCOME AND PRODUCTt Gross national product, totalt bil.$_. 1,528.8 1,706. 5 1,890.1 980.4 916.2 936.5 965.9 995.1 1,024.1 1,056.0 1,078.5 1,102.2 1,139.0 1,172.4 1,194.0 Durable goods, total 9 do Motor vehicles and parts do Furniture and household equipment...do Nondurable goods, total 9 do Clothing and shoes do Food do Gasoline and oil do 132.9 53.9 58.0 158. 9 71.9 63.9 179.8 83.8 70.3 118.7 44.8 54.7 122.8 48.0 54.8 127.8 49.9 57.4 136.7 56.5 58.7 144.3 61.3 61.0 153.3 68.8 62.0 156.7 71.0 63.0 159.3 72.1 63.9 166.3 75.7 66.5 177.0 85.3 67.4 178.6 84.5 69.3 177.6 ' 186.0 81.2 84.1 70.9 73.9 409.3 70.2 209. 5 39.1 442.7 76.3 225 5 *4l! 4 480.7 82.6 246.3 44.8 388.5 65.0 198.1 39.2 394.0 66.6 202.6 38.2 406.4 69.8 207.9 39.7 415.0 71.5 212.1 39.1 421.9 73.0 215.4 39.8 430.4 74.2 219.3 40.6 437.1 74.3 223.9 40.3 444.7 76.9 227.0 41.2 458.8 79.9 232.0 43.5 466.6 79.3 237.9 44.1 474.4 80.4 244.8 44.3 481.8 ' 499. 9 83.3 87.5 248.3 254. 2 44.2 46.4 Services, total 9 Household operation Housing Transportation 438.2 64.2 150.8 32.2 492. 3 73.0 167.9 36.8 550.7 83.1 184.5 41.4 408.9 59.3 141.7 31.6 419.7 61.4 145.1 31.6 431.7 63.7 148.5 31.6 443.4 65.3 152.4 32.2 457.9 66.3 157.2 33.2 472.4 69.5 161.5 34.8 484.6 70.4 166.2 36.3 498.2 73.1 170.4 37. f> 513.9 78.8 173.7 38.7 528.8 80.7 177.6 39.5 541.1 79.2 181.9 40.5 559.5 85.2 186.7 42.3 ' 573. 7 87.2 191.6 43.1 ' 306. 7 do do do do Gross private domestic investment, total...do 189.1 243. 3 294. 2 210.4 175.1 171.2 205.4 204.7 231.3 244.4 254.3 243.4 271.8 294.9 303.6 230.0 161.9 55.8 106.1 276.1 185.1 66.5 123.6 203 6 153.2 55.6 97.5 197.1 149.8 53. 3 96.5 196.3 147.7 51. 9 95.7 200.5 148.2 52.8 95. 4 208.4 150.7 53.4 97.4 216.8 155. 4 54. 7 100.8 226.1 159. 8 55.8 104.0 232.8 164.9 56.0 109.0 244.3 167.6 57.0 110.6 258.0 177.0 57.9 119.2 273.2 182.4 61.0 121.4 280.0 ' 293.2 187.5 ' 193. 5 62.6 ' 6 4 . 5 124.9 '129.0 do do do 51. -11.5 -15.1 68.0 13.3 14.9 91.0 18.2 17.1 50.5 6.8 10.7 47.3 -22.0 -25.9 48.6 -25.1 -26.9 52.3 4.9 1.4 57.6 -3.6 —9.2 61.4 14.5 15.9 66.3 18.3 20.4 67.8 21.5 22.0 76.7 -.9 1.4 81.0 13.8 14.1 90.8 21.7 22.4 do. do. do. 20.4 147.3 126.9 7.8 162.9 155.1 -10.9 174.7 185.6 8.2 150. 5 142.3 15. 4 147.4 131.9 24.3 142.7 118.3 20.8 146.9 126.1 20.8 152.1 131.3 10.2 153.9 143.7 10.2 160.6 150.4 7.9 168.4 160.6 3.0 168. 5 165.6 -8.2 170.4 178.6 -9.7 178.1 187.7 338.9 123. 3 83.9 215. 6 361. 4 130.1 86.8 231. 2 395. 0 145.4 94. 3 249. 6 317.5 116.9 79.6 200.7 326.0 119.6 81.6 206.4 335.2 121.8 83.0 213.3 343. 5 123.8 84.4 219.7 351.0 128.1 86.7 222.9 353.6 127.6 86.3 225.9 358.9 128. 5 86.0 230.4 363.0 130.2 86.4 232.7 370.0 134.2 88.4 235.8 374.9 136.3 89.7 238.5 390.6 143.6 93.4 247.0 ..do do do do do do 1,540.3 697.7 267. 5 430.2 699. 2 143. 5 1,693.1 750. •) 299. 3 451. 6 782. 0 160. 2 816.8 333. 2 483. 5 868.4 187.5 do do do -11.5 -9.2 13.3 4.1 9.3 17.8 8.8 9.0 do. do. do. do.. Residential Change in business inventories Nonfarm Govt. purchases of goods and services, total.do Federal do National defense do State and local do By major type of product:! Final sales, total Goods, total Durable goods Nondurable goods Services Structures Change in business inventories Durable goods Nondurable goods 1,218.9 ' 1,259. 5 200.6 149.1 52. 9 96.3 Fixed investment Nonresidential Struct ures Producers' durable equipment Net exports of goods and services Exports Imports 1,094. 0 1,211.2 , 452.4 1,453. 9 1,496.6 1,564.9 1,600.7 1,651. 2 1,691.9 1,727. 3 1,755.4 1,810.8 1,869. 9 1,915.9 '1,961.8 Personal consumption expenditures, total..do 9 9 92.5 23.6 23.1 '99.7 '13.5 '9.0 -7.5 '-18. 2 179. 9 ' 170. 6 187.4 ' 188. 8 400.9 ' 413.8 148.1 153.8 95. 6 98.5 252. 9 ' 260. 0 445. 5 1,475.0 1,521.7 1,506.6 1,604. 4 1, 636. 7 1,673.7 1, 705. 8 1, 756. 3 1,797.0 1,848.2 1,892.2 '1,948.2 819.9 ' 849. 6 805.4 792.1 665. 8 775.6 643. 7 692.9 706.6 725.2 730.0 743.4 754.5 332.1 ' 340. 9 329. 5 326.6 250.6 312.0 241.3 263.8 272. 5 287.6 294. 9 302.7 283.1 487.8 ' 508.1 475. 9 465.6 415. 2 463.6 402.3 429.1 434.2 442.4 448.5 451. 8 442.1 881. 6 ' 898. 8 855. 3 833.7 670. 5 813.8 656.7 689.5 708.4 751.6 770.8 791.8 728.3 200.4 190. 7 187.5 171.2 138.8 166.9 145.1 139. 3 145.0 155.0 159.4 159.6 150.8 23.6 ' 1 3 . 5 21.7 18.3 21.5 4.9 14. 5 -.9 13.8 -3.6 6.8 - 2 2 . 0 - 2 5 . 1 '6.8 10.3 11.5 7.0 -2.1 -10.3 10.7 7.8 -2.0 .6 12.2 - 1 2 . 8 - 1 1 . 7 '6.8 13.4 10.2 11.2 - 9 . 2 -13.4 7.0 6.0 6.7 10.9 -5.4 16.6 -1.6 GNP in constant (1972) dollars! Gross national product, total! bil.$__ 1,202.1 Personal consumption expenditures, total..do 775.1 Durablo goods :..do. Nondurable goods do. Services do. Gross private domestic investment, t o t a l . . . d o . . . Fixed investment Nonresidential Residential Change in business inventories do do do do Net exports of goods and services do Govt. purchases of goods and services, total .do Federal do State and local do 1,274.7 1,337.5 ,199.7 1,169. 8 1,188. 2 1,220.7 1,229.8 1,256.0 1,271.5 1,283. 7 1, 287.4 1,311.0 1,330. 7 1,347.4 '1,360.2 860.4 ' 879. 8 854.1 780.2 756.9 770.4 807.2 815.5 792.8 822.7 850.4 839.8 752. 9 821. 3 861.2 112.7 307.6 354.8 127. 5 321. 6 372. 2 138.3 333.7 389. 2 104.3 301.2 347.4 106.2 301.8 349.0 109.0 308.4 353.0 115.4 308.6 356.2 120.2 311. 5 361.2 125.4 316.1 365.6 126.7 319. 3 369.6 127.1 321. 5 374.0 130.7 329.7 379.7 136.9 329.7 383.8 137.9 330.0 386.3 136. 5 '141.6 342.7 332. 4 391. 4 ' 395. 5 141.6 173.0 195. 3 170.6 133.0 130.9 153.1 149.2 168.1 175.2 179.4 169.2 186.7 197.2 200.8 151. 5 112.7 164. 5 116.8 47.7 8.5 183. 9 127.0 56.9 11.4 163.8 124.1 39.7 6.8 152. 9 116.6 36.3 -20.0 148.9 112.0 36.9 -18.0 150.2 111.0 39. 3 2.9 153.8 111.3 42.6 -4.6 158.4 113.7 44.8 9.7 163.1 115. 9 47.1 12.1 165.6 118.5 47.1 13.8 171.0 119.0 52.0 -1.8 177.0 124.3 52.7 9.7 184.0 126.4 57.6 13.2 185.1 ' 188. 7 127.6 ' 129. 8 57.5 ' 59. 9 '8.7 15.7 16.0 10.0 17.9 20.5 24.5 22.7 22.3 16.8 16.4 17.0 13.8 10.6 9.4 263.3 97.0 166.4 270.0 101.1 168.9 263.0 96.7 166. 3 264.4 96. 5 167. 9 271.0 101.4 169.6 258.3 95.7 162.6 259. 4 96.0 163.4 'Revised. » Preliminary. tRevised series. Estimates of national income and product and personal income have been revised back to 1973 (see p. 16 IT. of the July 1977 SURVEY): 262.3 96. 5 165.8 264.8 96. 9 167.8 265. 4 97.4 168.0 263.9 96.4 167.5 264. 5 96.1 168.4 264.6 96.7 168.0 264.6 97.1 167.5 12.2 ' 197. 5 '5.9 274.0 ' 277. 0 104. 2 103. 3 170.7 ' 172. 8 revisions prior to May 1976 for personal inco ne appear on p. 28 of the July 1977 SURVEY. 9 Includes data for items not shown separately. S-l SUKVEY OF CUEKENT BUSINESS S-2 Unless otherwise stated in footnotes below, data through 1974 and descriptive notes are as shown in the 1975 edition of BUSINESS STATISTICS 1975 1976 1977 Annual total 1975 II III March 1978 IV I II 1978 1977 1976 III IV I II III IV I II GENERAL BUSINESS INDICATORS—Quarterly Series—Continued NATIONAL INCOME AND PRODUCTf-Con. Quarterly Data Seasonally Adjusted Implicit price deflators:! Gross national product Index, 1972 = 100.. Personal consumption expenditures do Durable goods do Nondurable goods do Services do. Gross private domestic investment: Fixed investment do. Nonresidential do. Residential do. Govt. purchases of goods and services do.. Federal do.. State and local .do.. 127.18 126.5 117.9 133.1 123.5 133.88 133. 2 124.7 137.7 132.3 141. 32 140.8 130.1 144.0 141.5 125.96 125.4 117.2 131.8 122.3 128.28 127.5 118.4 134.5 124.5 130.17 129.2 120.1 135.5 126.8 131.47 130.8 122.2 136.2 129.2 133. 06 132.3 123.8 136.9 131.1 134. 56 134.0 125.3 138.3 133.2 136. 35 135.6 127.2 139.3 135.4 138.13 137.9 129.3 141.5 137.8 140.52 139.8 129.5 143.8 140.1 132.4 132.3 132.8 139.8 138.7 142.5 150.3 146.0 160.3 131.8 131.8 131.7 133.5 133.6 133.2 135. 5 135.5 135.4 136.9 136.8 137.1 138.6 137.8 140.7 140.6 139.2 144.1 142.9 140.9 147.5 145.8 142.5 153.7 148.5 144.4 157.6 151.3 146.9 160.9 128.9 127.5 129.7 136.7 134.8 137.7 145.7 143.4 147.1 127.8 126.3 128.6 129.7 127.7 130.9 132.3 131.5 132.7 134.0 132.4 134.9 135.7 133.7 136.8 137.2 134.7 138.6 139.8 138.2 140.7 142.3 140.6 143.4 144.6 142.0 146.2 146.3 149.4 143.3 ' 147. 6 148.1 ' 150. 5 142.19 144. 23 141.7 143.8 ' 130. 0 ' 131.3 144.9 ' 145. 9 142.9 '145. 0 155.3 ' 150.1 164.0 Quarterly Data Seasonally Adjusted at Annual Rates National income, totalf bil. $.. 1,217.0 1,364.1 1,520.3 1,191.4 1,244.9 1,275.7 1,321.0 1,353.9 1,379.6 1,402.1 1,450.2 1,505.7 1,540.5 1, 585. 4 Compensation of employees, total do Wages and salaries, total do Govt. and govt. enterprises do Other do Supplements to wages and salaries do Proprietors' income with inventory valuation and capital consumption adjustments, total bil. $-. Farm do Nonfarm do Rental income of persons with capital consumption adjustment bil. $.. Corp. profits with inventory valuation and capital consumption adjustments, total bil. $.. Corp. profits with invent, val. adj.: Domestic, total do Financial do Nonfinancial, total 9 do Manufacturing, total 9 do Durable goods do Transportation, communication, and electric, gas, and sanitary serv bil. $. Rest of the world do 930.3 805.7 175.4 630.3 124.6 Profits before tax, total Profits tax liability Profits after tax Dividends Undistributed profits Inventory valuation adjustment Capital consumption adjustment Net interest do.. do_. do.. do.. do.. do... do... do... DISPOSITION OF PERSONAL INCOMEf Personal income, total bil. $.. Less: Personal tax and nontax payments do Equals: Disposable personal income do Less: Personal outlays^ do Equals: Personal saving§ ..do NEW PLANT AND EQUIPMENT EXPENDITURES Unadjusted quarterly or annual totals: All industries bil. $_. Manufacturing do Durable goods industries^ do Nondurable goods industries^ do Nonmanufacturing do. Mining do. Railroad do. Air transportation do. Other transportation do. Public utilities do.— Electric do Gas and other do Communication do Commercial and other do Seas. adj. qtrly. totals at annual rates: All industries do Manufacturing do Durable goods industries^! do Nondurable goods industries^ do Nonnianufacturing _ _ do Mining do.. Railroad do.. Air transportation do.. Other transportation do.. Public utilities Electric Gas and other Communication Commercial and other do.. do.. do. 1.1 .'.'.'.'.do. do. 1,036.3 1,156. 2 891.8 989.9 187.2 199.9 704.7 790.0 144.5 166.3 914.4 792.4 173.7 618.6 122.1 936.7 810.5 176. 9 633.5 126.3 965.6 834.9 181.2 653.8 130.7 86.0 23.2 62.8 88.0 18.6 69.4 98.1 19.7 78.5 84.3 22.7 61.6 90.4 26.2 64.2 90.4 25.5 64.9 86.9 20.0 66.9 90.4 21.6 68.8 86.2 16.2 70.0 88.7 16.6 72.0 95.1 20.7 74.3 97.0 19.7 77.3 95.5 15.5 80.0 105.0 '22.7 '82.4 22.3 23.3 25.3 22.3 22.2 22.6 23.0 22.9 23.3 24.1 24.5 24.9 25.5 26.4 144.5 99.3 128.1 139.3 92.7 115.6 114.7 126.5 129.2 133.5 123.1 125.4 140.2 149.0 105.4 15.0 90.3 47.9 18.5 134.6 18.2 116.4 66.3 29.9 147.9 20.6 127.3 74.7 37.0 98.4 14.3 84.1 43.4 15.4 122.6 14.7 107.9 59.6 25.9 123.2 16.1 107.1 59.1 23.8 132.4 17.8 114.6 65.3 27.2 136.1 18.1 118.0 68.7 32.5 139.8 18.4 121.3 68.4 31.0 130.2 18.4 111.8 62.9 29.0 131.0 19.2 111.8 65.2 31.5 145.5 19.9 125.5 76.4 39.4 157.4 21.2 136.1 77.6 37.5 9.3 6.1 8.5 6.2 11.1 6.3 12.1 11.1 12.1 9.6 6.0 8.6 7.6 12.2 8.4 10.4 7.7 11.6 10.1 11.5 10.7 14.1 9.6 123.5 50.2 73.4 32.4 41.0 11.5 8.1 150. 9 64.7 92.1 35.8 56.4 171.2 68.9 102.3 41.2 61.2 113.9 45.9 68.2 32.2 36.0 137.7 56.3 81.4 32.9 48.5 141.0 57.9 83.1 32.5 50.6 153.5 63.1 90.4 33.6 56.8 159.2 66.1 93.1 35.0 58.1 159.9 65.9 94.0 36.0 58.0 154.8 63.9 90.9 38.4 52.5 161.7 64.4 97.2 38.5 58.8 174.0 69.7 104.3 40.3 64.1 c 172. 8 103.6 = 42.3 61.2 178.0 73.2 104.9 43.9 61. 3 -12.0 -12.2 79.1 -14.1 -14.7 88.4 -14.5 -17.0 100.9 -9.3 -11.9 77.6 -13.3 79.9 -11.8 -14.5 82.3 -12.4 -14.6 85.0 -15.5 -14.6 86.5 -11.7 -14.7 90.1 -16.9 -14.8 92.0 -20.6 r 15.5 95.3 -17.8 '15.8 98.9 -5.9 -17.0 103.1 -14.1 -19.1 ' 106.1 1,253.4 169.0 1,084.4 1,004.2 80.2 1.382.7 196.9 1.185.8 1,119.9 65.9 ., 536. 7 1,234.7 1,269.7 1,304.0 1,338.1 1,366.7 1,393.9 1,432.2 209.5 200.6 142. 5 173. 9 227. 5 179.9 184.8 192.6 , 309. 2 1,092.2 ,095.7 1,124.1 , 153. 3 , 174.1 , 193. 3 , 222. 6 'l28!5 1,' 166. 3 989.1 1,019.1 , 242.1 1, 048. 6 , 080. 9 , 103. 8 f 64. 8 56. 3 103.1 76. " 75.5 72.4 70.3 67.1 , 476.8 224.4 252.4 201. 0 51.4 , 517.2 1,549.8 1,603.0 224.8 226.1 ' 234.7 , 292.5 1,323.8 1,368.3 , 223.9 1,250.5 1,292.2 '76.1 68.5 ^33 112.78 47.95 21.84 26.11 120.49 52.48 23.68 28.81 135.80 60.16 27.77 32.39 28.43 12.15 5.59 6.55 27.79 11.67 5.16 6.51 30.74 13.30 5.99 7.30 25.87 10.96 4.78 6.18 29.70 12.66 5.61 7.05 30.41 13.48 6.02 7.46 34.52 15.38 7.27 8.12 29.20 12.52 5.80 6.72 33.73 14.84 6.79 8.06 34.82 15.60 7.17 8.43 ' 38.06 • 17.19 '8.00 '9.18 i 37.52 16.43 7.71 8.72 64.82 3 79 2^55 1.84 3.18 68.01 4.00 2.52 1.30 3.63 75. 64 4.50 2.80 1.62 2.51 16.28 .97 .71 .47 16.12 .94 .62 .50 .85 17.44 14.91 17.04 .97 .62 .43 .93 .92 .49 .26 .72 .99 .68 .42 19.14 1.05 .70 .35 .94 16.68 1.02 .59 .33 .61 18.88 1.18 .67 .43 1.02 16.93 1.04 .64 .26 .95 19.21 1.17 .78 .39 .50 • 20.87 ' 1.15 '.76 '.46 '.63 21.08 1.32 .89 .62 .58 20.14 17.00 3.14 12.74 20.60 22.28 18.80 3.47 13.30 20.99 25.80 21.59 4.41 15.45 22.97 4.94 4.15 5.70 4.85 4.79 4.18 5.50 4.74 3.22 5.19 5.07 4.16 .91 3.14 5.00 3.26 5.52 2.92 4.82 3.21 5.21 5.52 4.54 .98 3.33 5.19 6.46 5.34 1.12 3.84 5.78 5.55 4.78 .77 3.30 5.27 6.37 5.34 1.03 3.86 5.64 6.61 5.41 1.20 4.03 5.73 '7.28 '6.06 '1.21 4.26 6.33 7.21 6.06 1.15 112.46 48.78 22.59 26.19 112.16 47.39 21.01 26.38 111.80 46.82 21.07 25.75 114.72 49.21 21.63 27.58 118.12 50.64 22.54 28.09 122. 55 125.22 54.44 54.78 25.50 24.59 28.93 30.20 130.16 56.43 26.30 30.13 134.24 59.46 27.26 32.19 63.68 3.78 2.70 1.60 2.75 64.76 3.82 2.75 2.12 2.99 64.98 3.82 2.39 1.65 3.56 65.51 3.83 2.08 1.18 3.29 67.48 3.83 2.64 1.44 4.16 67.76 4.21 2.69 1.12 3.44 70.78 4.13 2.63 1.41 3.49 73.74 4.24 2.71 1.62 2.96 74.78 4.49 2.57 1.43 2.96 ' 77. 36 4.74 3.20 1.69 1.96 19.52 16.41 3.11 12.50 20.83 19.79 16. 58 3.21 12.95 20.34 20.91 17.92 3.00 12.22 20.44 21.91 18.56 3.36 12.54 20.68 21.85 18.82 3.03 12.62 20.94 21.67 18.22 3.45 13.64 20.99 23.46 19.49 3.96 14.30 21.36 25.35 21.19 4.16 14.19 22.67 25.29 21.14 4.16 15.32 22.73 26.22 ' 26. 23 = 21.90 r 22. 05 4.32 '4.18 16.40 15.82 23.14 23.27 ~2~4L 21 i z A/ ? v io ed ' J /Preliminary. i Estimates (corrected for systematic biases) for Jan.Mar. 19/8 and Apr-June 1978 based on expected capital expenditures of business. Expected expenditures for the year 1978 appear on p. 24 of the Mar. 1978 SURVEY. 2 includes communication. tSee corresponding note on p. S-l. 9Includes data for items not shown separately. 0Personal outlays comprise personal consumption expenditures, interest paid 999.6 1,024.9 1,046.5 1,074. 2 1,109.9 1,144. 7 1,167.4 -1,203. 3 998.9 -1,029.1 900.2 923.2 980.9 951.3 861. 5 882.4 200.6 188.2 192.5 197.2 206. 9 194.8 182.7 185.4 798.3 712.0 730.7 783.6 822.2 756. 4 678.8 697.0 168.5 146.3 150.9 163.8 174.3 158.6 138.1 142.5 .85 .62 .76 69.3 "2"i6.~46" 140. 38 138.11 63.02 •61.41 29.23 ' 28.19 33.79 ' 33.22 149.16 65. 82 31.01 34.81 ' 76. 70 ' 4. 50 '2.80 '1.76 ' 2. 32 83.34 5.13 3.37 2.04 28.62 23.99 4.63 41.94 by consumers to business, and personal transfer payments to foreigners (net). § Personal saving is excess of disposable income over personal outlays. •[[Data for individual durable and nondurable goods industries components appear in the Mar., June, Sept., and Dec. issues of the SURVEY. « Corrected.
@FedFRASER