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SURVEY OF CUREENT BUSINESS April 1966 NATIONAL INCOME AND PRODUCT TABLES Table 1.—-Gross National Product Table 3.—Personal Income and Its Disposition [Billions of dollars] [Billions of dollars] 1965 1963 1964 1965 I II III IV 1963 IP 1964 1965 Seasonally adjusted at annual rates Gross national product 589.2 628.7 676.3 657.6 668.8 681.5 697.2 Personal consumption expenditures.... 373.8 398.9 428.7 416.9 424.5 432.5 441.0 Durable goods 53.4 58.7 65.0 64.6 63.5 65.4 66.4 Nondurable goods _. 168.0 177.5 189.0 182.8 187.9 190.5 195.0 Services _. 152.3 162.6 174.7 169.5 173.1 176.7 179.6 Gross private domestic investment 86.9 81.2 Nonresidential „ 54.3 19.7 Producers' durable equipment 34.6 26.9 Nonfarm.... 26.3 Farm ..__ .6 Change in business inventories 5.7 Nonfarm _ 4.9 Farm . _ .8 Net exports of goods and services 5.9 32.4 26.4 Imports 92.9 105.7 103.4 102.8 106.2 110.3 88.1 60.5 21.1 39.4 27.5 27.0 .6 4.8 5.4 -.6 97.4 69.8 24.3 45.5 27.6 27.1 .6 8.2 7.9 .3 7.1 8.6 37.0 28.5 39.0 31.9 94. 6 66.9 23.2 43.7 27.7 27.1 .6 8.8 9.2 -.4 6.0 34.7 28.6 9.6.4 68.4 24.5 43.9 28.0 27.5 .6 6.4 6.6 -.2 98.6 100.2 70.9 73.0 24.2 25.4 46.7 47.6 27.-7 27.2 27.1 26.7 .6 .5 7.6 10.1 8.9 7.0 .6 1.2 8.0 40.4 32.4 7.4 40.1 32.7 6.9 40.8 33.9 Government purchases of goods and 122.6 128.4 134.8 131.3 133.5 135.4 139.0 Federal National defense Other State and local _ _ 64.4 50.8 13.6 58.3 65.3 49.9 15.4 63.1 66.6 49.9 16.7 68.2 64.9 48.8 16.1 66.4 65.7 49.2 16.5 67.8 66.5 49.8 16.7 68.9 69.2 52.0 17.2 69.8 Addenda: Gross national product in constant (1958) dollars .__._ 550.0 577.6 609.6 597.7 603.5 613.0 624.4 Implicit price deflator for seasonally adjusted GNP, 1958=100. 107.1 108.9 110.9 110.0 110.8 111.2 111.7 714. ] 452. 6 on? i ZOL. 1 182.7 „„ „ 111. 8 ,„ „ £jj-J *£• J 4f. 7 28.1 •® oc'n oo. 0 Personal income Wage and salary disbursements. . _ _ Commodity-producing industries _ Manufacturing _ Distributive industries Service industries Government _ __ _. 18.2 17.5 18.1 18.4 18.9 19.4 51.9 39.9 12.0 54.6 40.1 14.5 55.4 40.4 15.0 56.2 40.7 15.5 56.9 41.0 15.9 Dividends 17.6 15.8 18.2 17.2 18.6 18.9 18.5 18.0 18.6 18.6 18.6 19.2 18.7 19.9 18.8 20.6 36.0 36.7 37.5 38.2 39.5 37.5 41.2 39.7 41.5 18.6 19.5 Transfer payments Old-age and survivors insurance benefits. State unemployment insurance T"»pr)Afi^« Veterrns' benefits Other._._ Less: Personal tax and nontax pay- - Personal consumption expendi- Less: Corporate profits and inventory valuation adjustment.. __ Contributions for social insurance Wage accruals less disbursements__._._ _ p Preliminary. 35.2 38.4 15.2 16.0 18.0 16.6 16.6 20.4 2.8 5.0 12.1 2.6 5.3 12.7 2.2 5.6 13.4 2.4 5.5 13.9 2.2 5.6 13.1 2.2 5.6 13.1 2.0 5.7 13.4 2.0 5.8 14.2 11.8 12.4 13.2 12.9 13.0 13.3 13.6 16.8 60.9 59.2 65.4 64.8 66.2 64.8 65.7 68.1 403.8 435.8 465.3 451.4 458.5 471.2 480.3 488.7 383.4 409.5 440.5 428.1 436.1 444.4 453.2 465.1 373.8 398.9 428.7 416.9 424.5 432.5 441.0 9.0 10.0 11.1 10.6 11.0 11.3 11.6 452.6 11.9 .6 .6 .6 .6 .6 .6 .6 .6 20.4 26.3 24.9 23.3 22.4 26.8 27.1 23.6 ^^^^^^S:^ 380.6 406.5 427.7 417.9 421.7 432.3 439.4 443.1 1965 I II III IV IP Table 4.—Personal Consumption Expenditures by Major Type [Billions of dollars] 1966 1965 55.7 58.7 57.7 58.3 60.7 536.5 573.0 617.5 599.9 610.5 622.4 637.4 653.4 54.6 2.2 -.7 .7 58.0 2.3 -.5 1.2 62.0 61.5 61.4 2.3 2.3 2.3 -.2 -3.1 -1.4 1.2 1.4 1.3 59.1 714.1 714. 1 59.8 62.0 2.3 1.4 1.2 62.9 2.3 2.4 fi9 62.5* 1.1 1 0 1.0 481.1 514.4 554.7 540.6 549.5 557.9 570.8 2.3 n.a. na n.a. 58.1 64.5 73.1 71.7 72.0 73.5 75.2 n.a. 26.8 27.8 29.5 28.9 29.2 29.6 30.2 36.6 .0 .0 .0 .0 .0 .0 .0 .00 34.2 36.8 36.0 35.1 38.9 37.3 39.2 19.1 17.2 2.3 20.6 18.9 2.3 19.9 18.0 2.3 20.4 18.6 2.3 20.8 19.2 2.3 21.1 19.9 2.3 21.8 20 6 20.6 23 2.3 64.8 495.0 530.7 516.2 524.7 536.0 546.0 556 9 556,9 Plus: Government transfer payments to persons 33.0 Interest paid by government (net) and by consumers _ _ _ 17.5 Dividends 15.8 Business transfer payments 2.2 Equals: Personal income 37.1 39.2 1966 589.2 628.7 676.3 657.6 668.8 681.5 697.2 Less: Capital consumption allowances. 52.8 Equals: National income 34.3 36.6 A Seasonally adjusted at annual rates Plus: Subsidies less current surplus of government enterp rises 31.1 Preliminary. 1965 Less: Indirect business tax and nontax liability Business transfer payments. S tatistical discrepancy 377.0 152.2 122.7 89.8 61.1 73.9 54.5 40.3 14.3 112 7 [Billions of dollars] Equals: Net national product. . 556.9 311.2 333.5 357.4 348.9 353.6 359.0 368.1 125.7 133.9 143.9 140.8 142.3 144.4 148.0 100.6 107.2 115.5 113.0 114.2 116.0 118.9 76.0 81.1 86.5 84.7 86.1 87.0 88.2 49.9 54.1 58.1 56.5 57.5 58.5 59.9 59.6 64.3 68.9 66.8 67.7 69.0 72.0 16.5 Rmials: Personal savins1 Gross national product 464.8 495.0 530.7 516.2 524.7 536.0 546.0 51.1 39.1 12.0 Interest paid by consumers Personal transfer payments to foreigners .. _ _ __ _ 1964 IP 14.8 p Preliminary. 1963 IV 50.8 37.8 13.0 Equals: Disposable personal income and Personal Income III Other labor income Less: Personal contributions for so- Table 2,-Relation of Gross National Product, National Income, II Proprietors' income Business and professional Farm M R 143. 6 oo. 0 17- 5 I Seasonally adjusted at annual rates 0. O "• * 1966 1965 1966 1963 1964 1965 I II III IV IP Seasonally adjusted at annual rates Personal consumption expenditures . 373.8 398. 9 428.7 416.9 424.5 432.5 441,0 452.6 53.4 58.7 65.0 64.6 63.5 65.4 66.4 68.8 Automobiles and parts 24.3 Furniture and household equipment . 21.9 Other _. 7.3 25.8 24.7 8.2 30.0 26.0 9.0 30.3 25.5 8.8 29.3 25.4 8.9 30.3 26.0 9.1 30.1 27.3 9.1 31.5 28.0 9.3 168.0 177.5 189.0 182.8 187.9 190.5 195.0 201.1 99.3 102.2 35.2 35.9 14.8 15,0 41.2 42.0 105.0 37.5 15.6 43.0 152.3 162.6 174.7 169.5 173. 1 176.7 179.6 182.7 66.7 26.6 12.5 73.8 68.0 26.9 12.7 75.1 Durable goods Nondurable goods Food and beverages Clothing and shoes Gasoline and oil Other Services Housing Household operation Transportation Other p Preliminary. _._ __ 88.2 30.5 13.5 35.8 55.5 23.1 11.4 62.3 92.3 33.3 14.0 37.8 59.5 24.4 11.7 67.0 98.4 35.1 14.7 40.9 64.7 25.8 12.2 72.0 94.8 34.3 14.2 39.5 62.7 24.9 11.9 70.0 97.3 35.0 14.7 40.8 64.0 25.5 12.1 71.4 65.3 26.3 12.3 72.7 CURRENT BUSINESS STATISTICS JLHE STATISTICS here update series published in the 1965 edition of BUSINESS STATISTICS, biennial statistical supplement to the SURVEY OF CURRENT BUSINESS. That volume (price $2.00) provides a description of each series, references to sources of earlier figures, and historical data as follows: For all series, monthly or quarterly, 1961 through 1964 (1954-64 for major quarterly series), annually, 1939-64; for selected series, monthly or quarterly, 1947-64 (where available). Series added or significantly revised after the 1965 BUSINESS STATISTICS went to press are indicated by an asterisk (*) and a dagger (f), respectively; certain revisions for 1964 issued too late for inclusion in the 1965 volume appear in the monthly SURVEY beginning with the September 1965 issue. Also, unless otherwise noted, revised monthly data for periods not shown herein corresponding to revised annual data are available upon request. 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. 1963 Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS 1964 | 1965 1963 I Annual total II 1964 III IV I II 1966 1965 III IV I ii | in 1 iv I* Seasonally adjusted quarterly totals at annual rates GENERAL BUSINESS INDICATORS—Quarterly Series NATIONAL INCOME AND PRODUCT Gross national product, total bil. $ 589 2 628 7 676 3 577 0 583 1 593 1 603 6 614 0 624 2 634 8 641 1 657 6 668 8 681 5 697. 2 714.1 do_ _ 373.8 398.9 428 7 368. 0 371.1 376.6 379.5 389.1 396.0 404.6 405.9 416.9 424. 5 432. 5 441.0 452.6 Durable goods, total 9 do Automobiles and parts do Furniture and household equipment _ _ do_ _ 53 4 24.3 21.9 58 7 25.8 24.7 65 0 30.0 26 0 52 2 23.6 21.4 52 6 23.9 21.4 54 1 24.6 22.1 54 9 24.9 22.7 57 4 25.5 23.9 59 1 25.7 25.1 60 5 27.1 25.0 57 9 24.8 24.8 64 6 30.3 25 5 63 5 29.3 25.4 65 4 30.3 26.0 66 4 30.1 27.3 68.8 31.5 28.0 - - - do do _ do _ do 168.0 30 5 88.2 13.5 177.5 33 3 92.3 14 0 189 0 35 1 98 4 14 7 166. 6 30 3 87.5 13 3 167.4 30 2 88.1 13 4 169.2 31 1 88.5 13 5 168.9 30 6 88.7 13 7 173.7 32 3 90.6 14 0 175.7 33 2 91.3 13 9 179.8 33 8 93.3 14 0 180.9 34 0 94.1 14 2 182.8 34 3 94.8 14 2 187.9 35 0 97 3 14 7 190.5 35 2 99.3 14 8 195.0 35. 9 102.2 15 0 201.1 37.5 105.0 15.6 do do do_ _ do 152 3 23.1 55.5 11.4 162.6 24.4 59.5 11.7 174 7 25 8 64.7 12 2 149 2 22.8 54.5 11.3 151 1 22.8 55.3 11.4 153 3 23.5 55.7 11.4 155 7 23 3 56.5 11.5 158 0 23 6 57.5 11 7 161 2 24.4 58.8 11 7 164 3 24 8 60.1 11.8 167 1 24 8 61.4 11 9 169 5 24 9 62.7 11.9 173 1 25.5 64.0 12.1 176 7 26.3 65.3 12.3 179. 6 26.6' 66.7 12.5 182.7 26.9 68.0 12.7 86.9 92.9 105.7 82.6 84.8 87.9 92.4 89.7 90.9 92.6 97.7 103.4 102.8 106. 2 110.3 111.8 81.2 54.3 19.7 34.6 26.9 26.3 5.7 4.9 88.1 60.5 21.1 39.4 27 5 27.0 4.8 5.4 97 4 69.8 24 3 45.5 27 6 27.1 8.2 7.9 78.1 52.1 19.0 33.1 26.0 25.4 4.5 3.8 80.1 53.4 19.2 34.2 26.7 26.1 4.7 4.2 82 1 55.1 20 0 35.1 26 9 26.4 5.8 5.2 84.3 56.5 20 5 36.0 27 9 27.3 8.1 6.9 86 5 58.1 20 7 37.5 28 4 27.8 3.3 3.6 86 8 58.9 21 1 37.9 27 9 27.3 4.1 5.1 88 8 61.6 21.1 40.5 27 2 26.6 3.8 4.6 90.2 63.5 21.5 42.0 26 7 26.2 7.5 7.8 94.6 66.9 23. 2 43.7 27.7 27.1 8.8 9.2 96.4 68.4 24. 5 43.9 28.0 27.5 6.4 6.6 98.6 70.9 24.2 46.7 27.7 27.1 7.6 7.0 100.2 73.0 25.4 47.6 27.2 26.7 10.1 8.9 103.5 75.4 26.7 48.7 28.1 27.5 8.3 7.6 5.9 32 4 26.4 8.6 37 0 28.5 7.1 39 0 31.9 4.5 30 0 25.6 6.2 32 4 26.2 5.7 32 6 26.9 7.3 34 4 27 1 8.8 36 3 27.5 7.7 36 0 28.2 8.8 37 3 28.5 8.9 38 4 29.5 6.0 34.7 28.6 8.0 40.4 32.4 7.4 40.1 32.7 6.9 40.8 33.9 6.1 41.1 35.0 Govt. purchases of goods and services, total. _do____ Federal ____ , do_ _ National defense do State and local _ _ _do_ 122.6 64.4 50.8 58.3 128.4 65.3 49.9 63.1 134.8 66.6 49.9 68.2 121.9 65.4 51.5 56.5 120.9 63.6 50.5 57.4 123.0 64.2 51 0 58.8 124.3 64.4 50 3 59.9 126.3 65.0 49.8 61.3 129.7 67.0 51.7 62.7 128. 7 64.9 49 5 63.8 128.6 64.3 48.8 64.3 131.3 64.9 48.8 66.4 133.5 65.7 49.2 67.8 135.4 66.5 49.8 68.9 139. 0 69.2 52.0 69.8 143.6 72.5 55.0 71.1 By major type of product: Final sales, total Goods, total Durable goods Nondurable goods Services Structures do do do do do do 583.5 291 1 113 1 178.1 226 9 65.5 623.9 311 3 122 8 ' 188.4 244 0 68.6 668.1 333. 4 133 5 199.9 261 0 73.7 572.5 287.2 109 8 177.4 222 1 63.2 578.4 289.2 112 0 177.2 225 1 64.1 587.3 292 9 114 3 178.6 228 2 66.2 595 5 295 3 116 2 179 1 232 1 68 0 610 7 304 9 120 1 184 9 237 3 68.5 620.1 308 3 121 6 186 8 242 8 69 0 631 0 316.0 125 4 190.6 246 4 68.6 633 6 315 8 124 3 191 5 249 7 68.1 648:8 322.8 130 1 192.8 253 8 72.1 662.4 329.1 130 3 198.7 259 0 74.2 673.9 337. 1 135.4 201.7 263.0 73.9 687.1 344.6 138. 0 206.5 268.0 74.5 do do do 5.7 2.8 29 S. 2 6.1 2.1 4.5 2.0 25 4.7 3.4 1.4 5.8 2.3 35 8.1 38 43 3.3 2.2 1i 4.1 3.5 6 3.8 2.7 1i 7.5 4.4 31 8.8 7.1 1.6 6.4 6.2 .2 7.6 6.5 1.0 10.1 4.4 5.7 Personal consumption expenditures, total Nondurable goods, total 9 Clothing and shoes Food and beverages Gasoline and oil _ : Services, total 9 Household operation. _ _ _ _ _ Housing Transportation _ Gross private domestic investment, total Fixed investment _ _ _ _ _ _ _ Nonresidential___ Structures Producers' durable equipment Residential structures Nonfarm___ _ Change in business inventories Nonfarm _ Net exports of goods and services.-.. Exports Imports Inventory change, total _ _ Durable goods Nondurable goods do do do do _do_ _ do do do do __do do do 4.8 3.3 15 GNP in constant (1958) dollars Gross national product, total Personal consumption expenditures, total Durable goods Nondurable goods Services. __ _ _ _ _ bil $ 550.0 577.6 609. 6 541.2 544.9 553.7 560 0 567 1 575.9 582.6 584.7 597.7 603.5 613.0 624.4 do 352.4 372.1 394.2 348.3 350.0 355.1 356 4 364 5 369 8 377.3 376. 8 386.1 390.5 396.9 403.3 do do do 53.2 161 8 137.3 58. 5 169 4 144.2 65.6 177.1 151.5 52.0 161.0 135.3 52.3 161.2 136.5 54.1 163 0 138.0 54.7 162 1 139.6 57.0 166 4 141.1 58.7 167 8 143.3 60.2 171 6 145.5 57.9 171.8 147.1 64.5 173.2 148. 4 63.4 176.4 150.7 66.4 177.8 152.7 67.9 181.0 154.4 82.3 86.3 96.8 78.7 80.5 83.0 86.9 83.8 85.2 86.0 90.2 95.4 94.2 96.9 100.5 76.6 51.9 24.7 57 81.7 57.1 24.6 46 88.8 65.0 23.9 79 74.2 50.0 24.2 44 75.8 51.2 24.6 46 77.2 52.6 24.6 58 79.0 53 7 25.3 79 80.7 55 1 25.7 30 80.7 55 7 25. 0 45 82.2 58 1 24.1 38 83. 1 59.6 23.6 71 86.8 62.5 24.3 86 88.1 63.7 24.4 62 89.7 66.0 23.7 72 90.7 67.6 23.1 9.8 71 90 81 87 83 51 66 62 62 109 6 109 9 112 8 110 5 58.2 57.1 58.7 59.9 51.7 53.4 50.8 52.9 9 Includes data not shown separately. 109 4 56. 1 53.3 111 2 56.4 54.8 112 1 56.8 55.3 113 0 57.0 56.0 114 3 58.2 56.2 Gross private domestic investment, total___ .do. _ Fixed in vestment __ _ _ _ Nonresidential Residential structures 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. . r Revised. *> Preliminary. 211-303 O-66—3 56 85 60 4 0 58 55 109 8 59.7 50.0 110 7 57.8 52.8 112 7 57.1 55.6 110 3 61.3 49.1 108 7 59.2 49.5 110 0 59.7 50.3 S-l 633.8 S-2 SUEVEY OF CURRENT BUSINESS Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS 1963 1964 Annual total 1965 1964 1963 II III April i960 IV I II 1965 III IV II I 1966 III IV I II GENERAL BUSINESS INDICATORS—Quarterly Series—Continued NATIONAL INCOME AND PRODUCT— Con. Quarterly Data Seasonally Adjusted at Annual Rates National income, total bil. $ 554. 7 481.1 514.4 484 6 476 7 Compensation of employees, total do 341.0 365 3 391.9 338 0' 343 0 Wages and salaries, total _ _ _ _ do 311.2 333 5 357.4 312 9 308 4 269.2 Private _ do 251.6 253 2 288.5 249 4 Military do 12.4 11 7 10 8 10 7 10 6 Government civilian _ do 52.6 56.5 48.8 49 1 48 4 Supplements to wages and salaries do 29.8 31.8 34.5 30.1 29.6 Proprietors' income, total 9 do 51 1 50 8 54 5 50 9 50 5 Business and professional 9 _ do 37 8 39.1 40.3 37 9 37 6 Farm do 12 0 14 3 13 0 13 0 12 9 Rental income of persons __ do_ 18.6 17 6 18 2 17 7 17 4 Corporate profits and inventory valuation adjustment, total bil. $ 73.1 64 5 59 1 58 1 57 6 By broad industry groups: Financial institutions do 8.9 80 75 75 75 Nonfinancial corporations total do 64 2 56 5 51 6 50 6 50 1 r Manufacturing, total do 32 1 37 5 29 5 28 7 28 7 Nondurable goods industries do r 16 g 13 2 14 9 13 4 13 4 Durable goods industries do 20.7 17 2 16 1 15 4 15 4 Transportation, communication, and public utilities bil. $ 10.8 10 0 92 95 91 r 15.9 All other industries do 14 3 12 7 12 6 12 2 74 7 Corporate profits before tax total do 64 8 58 9 58 6 58 5 Corporate profits tax liability do 27 6 30 1 26 1 26 0 26 0 32 6 44.5 Corporate profits after tax do 37 2 32 8 32 6 Dividends do 17 2 18 9 15 8 15 7 15 8 Undistributed profits do 19 9 25 6 17 0 16 8 16 8 2 Inventory valuation adjustment do —1.6 — 4 — 3 — 9 13.2 13.9 Net interest do 15 2 16.5 13.6 DISPOSITION OF PERSONAL INCOME Quarterly Data Seasonally Adjusted at Annual Bates 530.7 495 0 Personal income total bil $ 464 8 460 1 467 1 65.4 Less: Personal tax and nontax payments do 59 2 60.6 61.0 60 9 465.3 406 1 Equals' Disposable personal income do 435 8 399 4 403 8 386.3 440.5 Less: Personal outlays© do 409.5 380 5 383 4 Equals: Personal saving§._ do 24.9 20.4 26.3 18.9 19.8 NEW PLANT AND EQUIPMENT EXPENDITURES Unadjusted quarterly or annual totals: All industries bil $ 39 22 44 90 51 96 9 74 10 14 Manufacturing do _ 3.92 3.95 22.45 18.58 15. 69 9.43 1.96 1.96 Durable goods industries do 7.85 11.40 1.95 11.05 1.99 Nondurable goods industries _ do 7.84 9.16 Mining do__ .26 .27 1.04 1.19 1.30 1.41 .29 Railroad _ do .28 1.10 1.73 .54 .45 Transportation, other than rail __do_ 1.92 2.38 2.81 6.22 1.60 1.40 Public utilities do 5.65 6.94 .95 .93 Communication do 4.30 3 79 4 94 2.41 2.64 10.83 Commercial and other do 10.03 11.79 Seas. adj. qtrly. totals at annual rates: 38.05 40.00 All industries. do Manufacturing do 15.30 15.95 7.65 8.00 Durable goods industries do 7.65 8.00 Nondurable goods industries do Mining do 1.00 1:05 1.00 1.20 Railroad do 2.05 1.85 Transportation, other than rail do 5.90 5.45 Public utilities do 3.85 3 65 Communication do 9.65 10.20 Commercial and other do U.S. BALANCE OF INTERNATIONAL 1 PAYMENTS^ Quarterly Data Are Seasonally Adjusted U.S. payments, recorded mil $ 34 932 39 150 38, 652 Imports: Merchandise do 21 492 16 992 18 619 Military expenditures do 2 929 2*824 2 838 7 650 Other services do 6 515 7 014 Remittances and pensions do *839 978 837 Govt grants and capital outflows f do 3 390 3 581 3 563 Increase in U.S. private assets, net do 6 462 3 526 4 456 Direct investments do 3 266 1 976 2 376 Long-term portfolio do 988 1 695 1*975 Short-term do '785 2 111 —728 Increase in U S official reserve assets net do —171 1 222 378 U.S. receipts, recorded do 35 333 40 311 39 311 Exports: Merchandise and military sales do 22 728 26 050 27 100 Income on investments do 5 457 4*654 6*054 Other services do 4 971 5 510 5 906 Increase in foreign assets in U S do 2 980 3*294 251 Liquid assets: Foreign official agencies! do 1*599 1 073 50 Other foreign accounts do 1 554 619 129 Other liquid assets do 762 172 *667 Unrecorded transactions (net) do —401 —1 161 659 Increase in U.S. official reserve assets and decrease 1 on-i 9 fi7ft 9 70S in liquid liabilities to all foreigners mil $ Increase in U.S. official reserve assets and decrease in liquid and certain nonliquid liabilities to foreign official agencies mil $ —1 Q77 e_1 349 c_1 9QQ r Revised. * Preliminary. 1 Estimates for Jan.-Mar. 1966 based on anticipated capital expenditures of business. 2 Estimates for Apr .-June. 1966 based on anticipated capital expenditures of business. Anticipated expenditures for the year 1966 are as follows (in bil. $): All industries, 60.23; manufacturing, total, 26.75; durable goods industries, 13.50; nondurable goods industries, 13.25; mining, 1.51; railrcad, 1.83; transportation, 3.15; public utilities, 8.04; commercial and other (mcl. communication), 18.95. s includes communication. . <= Corrected. 492 6 349 5 318 8 257.4 11 6 49 9 30.7 51 0 38 0 13 0 18 0 501 6 355 1 324 2 261.6 11 6 51.0 30.8 50 4 38 5 11 9 17 9 510 5 361 9 330 4 266.9 11 6 51.9 31.5 51 0 39.0 12 0 18 1 519 5 369.0 336.8 271.7 11.7 53.3 32.2 51.4 39.4 12.0 18.3 526.3 375.4 342.6 276.5 11.9 54.3 32.7 51.8 39.6 12 2 18.5 540. 6 382.4 348.9 282.0 11.8 55.0 33.5 51.9 39.9 12.0 18.5 549.5 387.9 353.6 285.9 11.8 55.9 34.3 54.6 40.1 14.5 18.6 557. 9 393.7 359.0 290.0 12.3 56.7 34.7 55.4 40.4 15.0 18.6 570 8 403.6 368. 1 296.1 13.7 58.3 35.5 56.2 40.7 15.5 18.7 59 6 63 6 64.5 65.5 64 9 71.7 72.0 73.5 75 2 8.4 8.5 8.3 8.9 9.2 74 52 2 29 7 13 5 16 1 75 56 2 31 9 14 4 17 5 78 56 7 32 1 15 0 17 1 94 13 1 60 8 27 0 33 8 16.1 17 7 —1.2 14.5 99 14.5 64 0 27 3 36 7 16.7 20 0 —.4 14.5 475 6 61.6 414 0 389.5 24.4 416.2 377.0 303.1 14.4 59.5 39.2 56.9 41.0 15.9 18.8 9.3 57.0 32.5 15.0 17.5 56 4 32 3 15 3 17 1 63.4 37.3 16.6 20.8 63.2 36.7 16.6 20.1 64.3 37.3 16.6 20.7 65 9 38.8 17 4 21.3 10 1 14 5 64 5 27 5 37 0 17.1 19 9 .0 15.0 10. 2 14.4 65.3 27.8 37.5 17.4 20.1 10.5 15.5 73.1 29.5 43.6 18.0 25.7 -1.4 16.1 10.5 16.0 73.9 29.8 44.1 18.6 25.5 -1.8 16.4 11.0 16.0 74.6 30.1 44.5 19.2 25.3 -1.2 16.7 10.9 16.2 77 o 31.1 15.4 10 1 14.0 65 9 28 1 37.8 17.7 20.0 -1.0 15.7 19.9 26.0 -1.8 17.1 -2.8 17.6 483.0 60.4 422.6 399.3 23.3 490 6 56.9 433 6 406.3 27.3 499.1 58.8 440.3 415.3 25.0 507. 1 60.7 446 4 416.9 29.5 516.2 64.8 451.4 428.1 23.3 524.7 66.2 458.5 436.1 22.4 536.0 64.8 471.2 444.4 26.8 546. 0 65. 7 480.3 453.2 27.1 556.9 68.1 488.7 465.1 23.6 11.09 4.56 2.31 2.25 .28 .33 .54 1.61 1.06 2.72 9.40 3.79 1.93 1.87 .26 .32 .51 1.18 .97 2.37 11.11 4.53 2.30 2.23 .29 .36 .63 1.58 1.10 2.61 11.54 4.67 2.37 2.30 12.84 5.59 2.83 2.76 10.79 4.54 2.25 2. 28 12.81 5.47 2.76 2.70 13.41 5. 73 2.91 2.82 14.95 6.72 3.48 3.24 2 15. 01 6.56 3.29 3.27 1.71 1.06 2.84 1.76 1.17 3.01 1.32 1.08 2.59 1.71 1.24 2.85 1.88 1.22 3.10 2.04 1.41 3.25 112.64 5.52 2.78 2.73 .34 .37 .76 1.47 3 4. 19 34.64 41.20 16.45 8.30 8.15 1.05 1.35 2.10 5.80 4.05 10.45 42.55 17.40 8.85 8.55 1.15 1.40 2.30 5.95 4.05 10.25 43.50 17.80 9.00 8.80 1.15 1.25 2.25 6.30 4.30 10.45 45. 65 18.85 9.60 9.20 1.20 1.50 2.40 6.30 4.40 11.00 47.75 20. 15 10.15 10.00 1.30 1.55 2.60 6.35 4.40 11.40 49.00 20.75 10.40 10.40 1.25 1.75 2.55 6.80 4.55 11.30 50.35 21. 55 10.80 10.70 1.30 1.55 2.70 6.85 4.80 11.60 52.75 23.00 11.75 11.25 1.25 1.70 3.00 6.75 5.05 11.95 55.35 24.15 12.45 11.70 1.35 1.95 3.00 7.30 5.30 12.25 9,218 9,195 9,737 11,000 8,851 9,604 9,951 10, 246 4 410 732 1 736 209 753 1,327 464 274 589 51 9,506 4,709 4 599 691 720 1 742 1,736 207 203 895 890 1 344 1,569 551 540 612 256 406 548 —70 —303 9,347 10, 028 4,901 11, 430 4,663 662 1,830 224 775 1,539 1,159 679 -299 -842 8,861 5,480 702 1,924 292 959 315 891 -159 -417 -68 9,685 5,594 720 1,905 229 725 819 515 357 -53 -41 10, 267 5,755 754 1, 991 233 931 853 701 111 41 —271 10,498 6,343 6 258 6,550 1,396 1 395 1,392 1 345 1 338 1,393 693 422 356 —116 237 48 639 71 231 170 114 77 -291 -288 —152 6,899 1274 1,434 1,823 904 613 306 —430 5, 801 1,555 1,355 150 —255 71 334 —10 7,029 1,648 1,467 -459 —300 -26 —133 —81 7,028 1,505 1, 505 7,242 1,346 1,579 331 768 —655 218 —252 658 258 517 c— 5fi4 "247 .2 .30 .37 .59 257 582 593 e-152 c— 374 "28 .33 .35 .64 681 1,800 220 1 025 2,222 821 833 568 151 1 366 c-844 .29 .39 .58 .33 .44 \77 .32 .44 .72 229 -263 739 —247 -316 45:9 .35 .46 .73 20.6 .40 .51 .90 2.00 157.20 258.90 25.15 25.80 12.80 12.90 12.90 12.35 1.45 1.55 1.65 1.80 3.30 3.20 7.65 7.95 318.05 318.65 —384 «244 '-1.226 9 Includes inventory valuation adjustment. ©Personal outlays comprise personal consumption expenditures, interest paid by consumers, and personal transfer payments to foreigners. §Personal saving is excess of disposable income over personal outlays. cTMore complete details are given in the quarterly reviews in the Mar., June, Sept., and Dec. issues of the SURVEY. f Less payment on U.S. Govt. loans. t Includes certain nonmarketable, medium-term, nonconvertible Govt. securities.
@FedFRASER