View PDF

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

SUEVEY OF CUEBENT BUSINESS

August 1968

9

NATIONAL INCOME AND PRODUCT TABLES
I
1966

1967

II

1967

1968

III

1967

II

IV

1966

II

1967

Seasonally adjusted at annual rates

1968

III

IV

II

Seasonally adjusted at annual rates
Billions of 1958 dollars

Billions of current dollars

Table 1.—Gross National Product in Current and Constant Dollars (1.1, 1.2)
747.6

789.7

772.2

780.2

795. 3

811.0

831.2

851.6

657.1

673.1

665.7

669. 2

675. 6

681.8

692.7

702.3

465. 5

492.2

480. 9

490.3

495. 5

502. 2

519.4

527.6

417.8

430.5

424.8

431.2

431.8

434.1

444.9

447.5

70.5
206.7
188 3

72.6
215. 8
203.8

69.8
212.9
198.2

73.4
215.3
201.6

73.1
216. 4
205.9

74.2
218.4
209.6

79.0
226.5
213. 9

80.9
228.2
218. 4

71.3
186.9
159.5

72.4
191.1
167.0

70.1
190.3
164. 4

73.7
191. 6
165.9

72.6
191.1
168.1

73.0
191.6
169.5

77.3
196.5
171.0

78.9
196.2
172. 5

120.8

114.3

113.0

107.6

114.7

121.8

119.7

127.4

108.8

99.5

99.8

94.2

99.3

104.7

101.5

107.8

106.1

108.2

104.6

105. 4

109.3

113.5

117.6

117.4

94.9

93.6

91. 8

92.0

94.0

96.7

99.5

98.4

Nonresidential
Structures .
Producers' durable equipment-

81 3
28 5
52.8

83 6
27 9
55.7

83 5
29.0
54.5

82 7
27.2
55.5

83 3
27.7
55 6

85 0
27 7
57.3

88 6
29 6
59.0

87.9
28.2
59.8

73.8
23.9
49.9

73. 7
22.6
51.1

74 2
23.8
50.3

73.3
22.1
51.1

73.2
22.2
51.0

74.0
22.1
52.0

76.5
23.4
53.0

75. 4
21.9
53. 5

Residential structures
Nonfarm _
Farm.—

24.8
24 3
.5

24.6
24 0

21.1
20 5

22.7
22 1

26.0
25 4

28.5
27 9

29.1
28 5

29.5
28. 9

21.1
20.7

18.7
18.2

20.8
20.3

23.0
22.5

.5

.5

23.0
22.6

.5

.5

22.7
22.2

.5

19.9
19 5

17.6
17 2

.6

14.7
14 9

6.1

8.3

2.1

13.9
14 1

5.9

8.0

16

10.0
9 7

5 3

7 9

2.3
2.1
.2

5.2
4.5
.7

Gross national product
Personal consumption expenditures
Durable goods.. _
Nondurable goods
Services

._

Gross private domestic investment. . _ •
Fixed investment

_ _ _ - _ _ _ ... _

6

6

2.3

5.3

56

5

8.4
83
.0

2 2

48

6

7 i
1 2

4.8

5.2

5.1

5.4

3.4

1.5

.9

43 1
38 1

___

.6

5.1

Change in business inventories,
Nonfarm
Farm
_ _ _ _ _

45 8
41 0

45 5
40 3

45 5
40 4

46 1
40 6

46 0
42 6

47 5
46 0

r

Net exports of goods and services.
Exports
Imports
Government purchases of goods and services

O

.1

6

6

.6

4

3

,— *>

.5
8.0
6.7
1.3

.5

.5

2.0
1.6
.4

9.4
9.1
.3

.6

.1

4.0

2.4

3.0

2.8

3.1

1.0

-.1

-2.2

49 0
48 1

40 1
36 1

41 8
39 3

41 4
38 5

41 7
38 9

42 1
39 1

41 9
40 9

44 0
44 1

44 1
46.2

156 2

178 4

173 1

177 3

179 6

183 5

190 5

195 6

126 5

140 7

138 1

141.0

141.4

142. 0

146.5

149.2

Federal
____
National defense. _
Other.____
.__

77 4
60 6
16 8

90 6
72 4
18 2

87 4
70 0
17 4

90 0
72 1
17 9

91 3
72 9
18 4

93 5
74 6
19 0

97 i
76 8
20 3

100 0
79 0
21 0

65 2

74 8

72 7

75 1

75.6

75.6

78.1

80.1

State and local

78 8

87 8

85 8

87.2

88 4

90 0

93 4

95 6

61 3

65.9

65.4

66.0

65.8

66.4

68.4

69.1

Table 2.—-Gross National Product by Major Type of Product in Current and Constant Dollars (1.3, 1.5)
747 6

789 7

772 2

780 2

795.3

811 0

831 2

851 6

657.1

673.1

665. 7

669.2

675.6

681.8

692.7

702.

732 8
14 7

783 6
61

763 8
8 4

778 0
2 3

789 9
53

802 7
83

829 1
21

841 6
10 0

643 2
13 9

667 2
59

657. 7

670. 4

5.2

673.8
8.0

690.7
2.0

692.

8.0

666.9
2.3

382 2

396 9

389 9

394 1

398 9

404 8

414 9

428 7

355 9

361 0

357 2

360.3

361.9

364.4

370.4

379.

Final sales
Change in business inventories..

390 8
61

381 5
8 4

391 8
2 3

393 6
53

396 5
83

412 8
21

418 7
10 0

342 0
13 9

355 1
59

349 2
80

358 1

356. 7

356. 4

2.3

5.2

8.0

368.4
2.0

370.

14 7

Durable goods
Final sales
Change in business inventories. .._

156 0
145 7
10 2

159 3
156 4
30

154 5
151 1

157 7
157 1

161 1
157 3
38

164 1
159 9
4 2

168 2
166 7
15

175 8
170 2
56

151 1
141 5
96

150 3
147 6
2 7

146 7
143 8
30

149 9
149.3

151 6
148.2

152.8
149.0

155.9
154.5

161.
156.

.6

3.4

3.8

1.4

5.

236 4
234 7
17

237 8
236 2
16

240 7
236 6
41

246 7
246 1

252 8
248 5
4 4

204 8
200 5
4 3

210 7
207 5
32

210 5
205 5
50

210.5
208.8
17

210. 2
208.5
18

211.6
207.5

214.5
213. 9

4.1

.6

218.
213.

324 7

9OA A

907 o

236 4

249 6

246 1

247 8

251 2

253 2

255 1

257.

81 5

OK Q

n

64 8

62 5

62 3

61 1

62 5

64 2

67.2

65.

Gross national product— .
Final sales
Change in business inventories. _ _ _
Goods output.. _ _ - - _ _ _ _

_

Nondurable goods.
Final sales....-Change in business inventories

__
__.

Services

226 3
221 8
4 5

237 6
234 5
31

33
235 4
230 4
50

6

288 0

314 8

306 3

310 9

77 3

Structures

Of 7 K

77 9

76 1

7C q

70 o

g

off

9.

9.

4.

Table 3.—Gross National Product by Sector in Current and Constant Dollars (1.7, 1.8)
Gross national product

_

Business...
Nonfarm
Farm
Households and institutions
Rest of the world
General government- __

313-941 O - 68 - 2




_

747 6

789 7

772 2

780 2

795 3

811 0

831 2

671 1

Private..

7fl4 8

fiQft 4

fiQfi 7 7OQ ft

799 Q

646 7
622 0
24 7

677 9
653*7
24 2

664 5
640 7
oq o

670 7
646 7
94 fl

682 4
658 0
94 4

694 1
669 4
94 fi

719 4

20 2

22 3

21 8

22 1

22' 5

22 9

42

46

41

4 0

50

76 5

84 8

81 8

83 5

85 4

53
88 6

851 6

657 1

673 1

665 7

669 2

675 6

681.8

692.7

702.

RH 9 i

740 ^

614 0

607 9

610 6

616 0

621 7

631 8

640.

591 2
567 5
23 7

595 6
571 2
24 4

600.8
576.3
24 5

611. 4
587.8
23.6

620.
596.
24.,

15.5

15.6

15.7

16.1

16.;

49

5.2

4.3

3.<

60.1

60.9

6U

688 1

583 4
561 1

94 *Z

7qn K
ync 7
9/t 7

99 9

594 0
569 9
24 1

588 5
564 8
23 7

23 5

24 2

14 8

15 5

15 3

4 4

3

90 8

Q

93 0

4 0
55 0

4 5
59 0

41
57 8

39
58 6

59.6

CURRENT BUSINESS STATISTICS

JLHE STATISTICS here update series published in the 1967 edition of BUSINESS STATISTICS, biennial statistical supplement to the SUBVEY
OF CURRENT BUSINESS. That volume (price $2.50) provides a description of each series, references to sources of earlier figures, and historical data
as follows: For all series, monthly or quarterly, 1963 through 1966 (1956-66 for major quarterly series), annually, 1939-66; for selected series,
monthly or quarterly, 1947-66 (where available). Series added or significantly revised after the 1967 BUSINESS STATISTICS went to press are indicated
by an asterisk (*) and a dagger (f), respectively; certain revisions for 1966 issued too late for inclusion in the 1967 volume appear in the monthly
SURVEY beginning with the September 1967 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.
1965

Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

| 1966 | 1967
II

Annual total

1966

1965
III

IV

I

II

1967
III

IV

i | n

1968
III | IV

I

| II

Seasonally adjusted quarterly totals at annual rates

GENERAL BUSINESS INDICATORS—Quarterly Series
NATIONAL INCOME AND PRODUCT
bil. $

684.9

747.6

7897

675.7

691.1

710.0

728.4

740.4

753.3

768.2

772.2

780.2

795.3

811.0

831.2

T

Personal consumption expenditures, total _ do _

432.8

465.5

492.2

427.9

436.3

447.4

457.8

461.1

469.3

473.7

480.9

490.3

495. 5

502.2

519.4

'527.6

Durable goods, total 9
do
Automobiles and parts
__ _ do
Furniture and household equipment. ____do_ _

66.3
30.3
26.9

70.5
30.4
29.8

72.6
30.4
31.4

64.4
29.7
25.9

66.5
30.3
27.1

68.9
30.6
28.9

71.6
31.8
29.3

68.2
28.9
29.0

71.0
30.3
30.4

71.1
30.5
30.4

69.8
28.1
31.1

73.4
31.2
31.2

73.1
31.0
31.4

74.2
31. 4
31.8

79.0
34.6
33.3

'80.9
35.3
'34.0

191.1
35.9
98.8
15.3

206.7
39.8
106.4
16.6

215.8
42 1
109.4
18.1

189.7
35.5
98.2
15.2

192.4
36.2
99.2
15.5

197.8
37.4
102.3
15.9

202.8
39.2
105.1
16.0

206.3
39.4
106.8
16.4

208.3
40.5
107.0
16.7

209.3
40 3
106.9
17.1

212. 9
40.9
108.7
17.7

215.3
42 4
108.9
17.8

216.4
42.8
109.1
18.3

218.4
42.3
110.8
18.6

226.5
44.6
113.6
C
19.7

r

do
_do
do
do

175.5
25.6
63.5
12.6

188.3
27.1
67.3
13.6

203.8
29.0
70 9
15.0

173.8
25.4
63 0
12.4

177. 4
26.0
64.0
12.8

180.7
26.4
65 1
13.2

183.4
26.2
66 0
13.3

186.7
26.9
66 8
13.6

190.0
27.5
67 6
13 6

193.3
27.8
68 8
13 8

198.2
28.1
69 7
14 7

201.6
28.7
70 4
14 8

205. 9
29.2
71 2
15 1

209.6
29.9
72 2
15 5

213. 9
30.3
74 0
16 2

' 218. 4
31.1
'75.4
16.3

Gross private domestic investment, total

do

108.1

120.8

114.3

105.3

108.7

113.2

116.8

121.0

119.9

125.7

113.0

107.6

114.7

121.8

119.7

' 127. 4

Fixed investment
_
Nonresidential
Structures
_
Producers' durable equipment
Residential structures
___.
Nonfarm
Change in business inventories
Nonfarm
_ _ __

do
do
do
do
do
do
do
do

98.5
71 3
25.5
45.8
27.2
26 7
9.6
8.6

106.1
81 3
28 5
52.8
24.8
24 3
14.7
14.9

108.2
83 6
27 9
55.7
24.6
24 0
6.1
5.6

96.5
69 5
25 1
44.4
27.0
26 4
8.9
8.1

99.6
72 4
25.8
46.6
27.2
26 7
9.1
7.8

103.5
76 2
27.8
48.3
27.4
26 9
9.7
8.5

105.9
78 6
28 6
50.0
27.3
26 8
10.9
10.7

105.6
79 8
28.1
51.7
25.8
25 2
15.4
15.4

107.0
82 6
28 9
53.7
24.4
23 9
12.8
13.3

105.9
84 2
28 2
55.9
21.7
21 1
19.8
20 2

104.6
83 5
29 0
54.5
21.1
20 5
8.4
8.3

105.4
82 7
27 2
55.5
22.7
22 1
2.3
2.2

109.3
83 3
27 7
55.6
26.0
25 4
5.3
4.8

113.5
85 0
27.7
57.3
28.5
27 9
8.3
7.1

117.6
88 6
29 6
59.0
29.1
28 5
2.1
1.6

'117.4
' 87. 9
'28.2
'59.8
'29.5
' 28. 9
'10.0
'9.7

do
do
do

6,9
39.2
32.3

5.1
43.1
38.1

4.8
45.8
41.0

8.1
40.8
32.7

7.3
40.3
33.0

6.0
40.5
34.5

6.0
42.1
36.1

5.2
42.6
37.3

4.5
43 6
39.1

4.5
44 2
39 7

5.2
45 5
40.3

5.1
45 5
40.4

3.4
5.4
46 1 ' 46. 0
40.6
42.6

1.5
47 5
46.0

'.9
'49.0
' 48. 1

Govt. purchases of goods and services, total. _do
Federal. _ _
do
National defense
_
do
State and local
^___
_
do

137.0
66 9
50 1
70.1

156.2
77 4
60 6
78.8

178.4
90 6
72.4
87.8

134.4
65 5
49.2
68.9

138.9
67 6
50.1
71.3

143.3
70 1
52 5
73.2

147.8
72 5
55 3
75.3

153. 1
75 6
58 6
77.4

159.5
79 9
63 0
79.7

164.3
81 5
65 4
82 7

173.1
87 4
70 0
85 8

177.3
90 0
72 1
87.2

179.6
91 3
72 9
88.4

183. 5
93 5
74 6
90.0

190.5
97 1
76 8
93.4

195.6
100. 0
'79.0
'95.6

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

do
do
do
do
do
do

675.3
337 6
133 0
204.7
262 9
74.8

732.8
367 5
145 7
221.8
288 0
77.3

783.6
390 8
156 4
234.5
314 8
77.9

666.8
333 1
129 9
203.1
260 0
73.7

682.1
340 7
134 1
206.5
265 8
75.6

700.3
351 1
138 5
212.5
271 0
78 2

717. 5
360 5
143 3
217. 3
277 5
79 5

725.0
362 6
142 2
220.4
284 7
77.7

740.4
371 0
147 3
223.7
292 3
77 2

748 4
375 3
150 2
225.1
298 1
74 9

763 8
381 5
151 1
230.4
306 3
76 1

778.0
391 8
157 1
234.7
310 9
75 3

789.9
393 6
157 3
236.2
317 5
78 8

802. 7
396 5
159 9
236.6
324 7
81 5

829.1
412 8
166 7
246.1
330 4
85 8

' 841. 6
418.7
170. 2
248.5
337. 9
85.0

do
do
do

9.6
6.7
3.0

14.7
10 2
4.5

6.1
3.0
3.1

8.9
69
1.9

9.1
68
2.3

9.7
46
5.1

10.9
76
3.3

15.4
99
5.5

12.8
10 5
2.4

19.8
13 6
63

8.4
33
50

2.3
6
17

5.3
38
16

2.1
15
.6

'10.0
5.6
4.4

bil. $_.

617.8

657.1

673.1

610.4

622.5

636.6

648.6

653.3

659.5

687. 1

665.7

669.2

675.6

681.8

692.7

' 702. 3

do

397.7

417.8

430.5

393.4

400.3

409.2

415.7

414.8

420.0

420.6

424.8

431.2

431. 8

434.1

444.9

447.5

do
do
do

66 6
178 6
152.5

71 3
186 9
159.5

72 4
191.1
167.0

64 3
177.8
151.3

67 1
179 4
153 8

69 8
183 3
156 1

72 9
185 5
157 3

69 2
186 9
158 7

71 8
187 8
160 4

71 4
187 5
161 7

70 1
190 3
164 4

73 7
191 6
165 9

72 6
191 1
168 1

73 0
191 6
169 5

77 3
196 5
171.0

78. 9
196.2
172.5

do

99.2

108.8

99.5

96.8

99.6

103.4

106.1

109.5

107.4

112.3

99.8

94.2

99.3

104.7

101.5

107.8

do
do
do
do

90 1
66 3
23. 8
9.0

94 9
73 8
21.1
13.9

93 6
73 7
19.9
5.9

88 5
64 8
23.7
8.3

91 1
67 3
23.8
8.6

94 0
70 3
23.8
9.3

95 8
72 2
23.6
10.3

94 7
72 7
22.0
14.7

95 5
74 8
20.7
12.0

93 7
75 4
18.2
18.6

91 8
74 2
17.6
8.0

92 o
73 3
18.7
2.3

94 0
73 2
20.8
5.2

96 7
74 0
22.7
8.0

99 5
76 5
23.0
2.0

98.4
75.4
23.0
9.4

6.2

4.0

2.4

7.0

6.7

5.7

5.3

4.3

3.6

2.9

3.0

2.8

3.1

1.0

-.1

-2.2

Gross national product, total f

Nondurable goods, total 9
Clothing and shoes
Food and beverages. _ _
Gasoline and oil
Services, total 9— --- - - -~
Household operation
Housing
Transportation

.

_ do
do
do
_ _ _ _ .do _ _ _

Net exports of goods and services
Exports
_ _
Imports
_

Change in business inventories
Durable goods
Nondurable goods

8.3
42
4. 1

851. 6

228. 2
'44.8
116.3
'19.4

GNP in constant (1958) dollars
Gross national product, total t
Personal consumption expenditures, total
Durable goods. _
Nondurable goods
Services
Gross private domestic investment, total
Fixed investment
.
Nonresidential
_.
Residential structures
Change in business inventories
Net exports of goods and services

do____

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

114.7
126. 5 140.7
113.1 115.9
57 9
65 2
74 8
57 2
58 5
56.8
61.3
65.9
56.0
57l 4
' Revised.
J> Preliminary.
f Revised series. Estimates of national income and product and personal income have been revised back to 1965 (see p. 19 ff. of the July 1968

149. 2
146.5
142. 0
141.4
118.4
124.7
128.5
121.5
131.3
138.1 141.0
80.1
78.1
75 6
72 7
75 6
59 6
61 8
64 0
66 9
75 1
67 9
69.i
68.4
66.4
58>
59! 6
60!7
6l!6
63! 4
65*. 4
66! 0
65! 8
SUBVEY for data beginning 1965); revisions prior to May 1967 for personal income appear
on p. 28 ff. of the July 1968 SURVEY.
9 Includes data not shown separately.

&-1
313-941 O - 68 - 4




SURVEY OF CURRENT BUSINESS

S-2
Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

1965

| 1966

1967

Annual total

1967

1966

1965

III

August 1968

IV

I

II

III

IV

II

I

1968

III

IV

I

II

III

GENERAL BUSINESS INDICATORS—Quarterly Series—Continued
NATIONAL INCOME AND PRODUCT—Con.
Quarterly Data Seasonally Adjusted at Annual Rates
564.3

620.8

652.9

569.1

586.3

604.0

615.1

626.7

637.3

638.6

645.1

656.9

670.9

688.1 v 704. 7

do

393.8

435. 6

468.2

397.0

408.5

420.6

430.8

441.4

449.7

456. 7

461.8

471.5

482.7

496.8 ' 507. 1

do
do_
do
do
do

358.9
289.6
12.1
57.1
35.0

394.6
316. 9
14.6
63.1
41.1

423.4
337.1
16.3
70.0
44.8

361.7
291.9
12.1
57.8
35.3

372.4
299.9
13.1
59.4
36.1

381.0
306.7
13.6
60.6
39.6

390.2
314.0
14.2
62.1
40.5

399.8
320.8
14.9
64.1
41.5

407.2
326.0
15.5
65.7
42.5

413.3
330.2
15.8
67.2
43.4

417.6
332.8
15.9
68.8
44.2

426.3
339.4
16.1
70.8
45.2

436.4
346.0
17.1
73.3
46.2

448.3 ' 457. 6
355.7 «• 362. 8
17.5
17.8
75.2 •• 77. 0
48.4
49.4

57.3
42.4
14.8
19.0

60.7
44.8
15.9
19.8

60.7
46.3
14.4
20.3

58.0
42.8
15.2
19.1

59.3
44.0
15.2
19.3

61.5
44.5
16.9
19.5

60.8
44.7
16.1
19.7

60.2
44.7
15.5
19.9

60.2
45.2
15.1
20.0

60.1
45.7
14.4
20.1

60. 5
46.1
14.4
20.2

61.2
46.6
14.6
20.4

61.1
46.8
14.3
20.5

61.8
47.2
14. 6
20.7

76.1

83.9

80.4

76.5

80.3

82.7

83.4

84.2

85.3

79.5

79.6

80.2

82.3

83.8

8.7
67.4
39.3
16.6
22.8

10.2
73.7
42.8
18.8
24.1

10.3
70.1
39.2
18.0
21.2

8.8
67.7
39.4
16.7
22.7

9.6
70.7
41.5
17,2
24.2

9.8
72.8
42.9
18.5
24.4

10.2
73.2
42.6
18.8
23.8

10.4
73.8
42.7
19.0
23.6

10.4
74.9
43.3
18.8
24.5

10.3
69.2
39.3
18.3
21.0

10.2
69.5
39.1
17.9
21.2

10.3
69.9
38.5
17.9
20,6

10.6
71.7
39.9
18.0
21.9

11.0
72.9
41.3
19.0
22.3

11.1
16.9

12.0
18.8

11.8
19.0

11.3
16.9

11.8
17.4

11.8
18.1

12.1
18.5

12.1
19.0

12.0
19.6

11.7
18.1

11.8
18.6

12.0
19.4

11.9
20.0

12.5
19.0

77.8
31.3
46.5
19.8
26.7
-1.7
18.2

85.6
34.6
51.0
21.7
29.3
-1.7
20.8

81.6
33.5
48.1
22.9
25.2
-1.2
23.3

77.6
31.2
46.3
20.2
26.1
-1.1
18.5

82.6
33.3
49.3
21.0
28.4
-2.3
19.0

85.2
34.5
50.8
21.6
29.1
-2.6
19.8

85.6
34.6
51.0
21.9
29.1
-2.2
20.4

86.7
35.0
51.6
21.9
29.7
-2.5
21.1

85.0
34.4
50.7
21.6
29.1.
.3
22.0

79.9
32.8
47.1
22.5
24.6

80.3
33.0
47.3
23.2
24.1
__ n

22. 2

22.' 9

80.8
33.2
47.6
23.5
24.1
-.6
23.6

85.4
35.1
50.3
22.5
27.9
-3.1
24.3

88.9 P9L1
39.8 *40.8
49.1
23.6
244
25.5
-5.1 r-i 7
25.0
25.8

bil $
do
do
do
do

538,9
65.7
473.2
444.8
28.4

586.8
75.3
511.6
478. 6
32.9

628.8
82.5
546.3
506.2
40.2

546.1
65.3
480.8
448.5
32.3

558.4
66.7
491.6
459.8
31.8

570.4
70.4
500.0
470.5
29.5

580.3
74.7
505.5
474.2
31.4

592.1
76.8
515.4
482.5
32.9

604.5
79.2
525.4
487.3
38.1

614.8
80.5
534.2
494.6
39.7

621.6
80.1
541.5
504.5
37.0

633.7
83.6
550.0
509.5
40.5

645.2
85.6
559.6
516.1
43.4

662.7 " 678. 1
88.3 '91.8
574.4 ' 586. 3
533.5 '541.9
40.8 '44.4

bil. $
do
do
do

51.96
22.45
11.40
11.05

60.63
26. 99
13.99
13.00

61.66
26.69
13.70
13.00

13.41
5.73
2.91
2.82

14.95
6.72
3.48
3.24

12.77
5.61
2.87
2.74

15.29
6.78
3.51
3.27

15.57
6.84
3.54
3.30

17.00
7.75
4.07
3.68

13.59
6.10
3.08
3.02

15.61
6.81
3.46
3.34

15.40
6.48
3.33
3.15

17.05
7.30
3.82
3.48

14.28
5.79
2.96
2.82

do__
_ do
~_do_
do
do
do .

1.30
1.73
2.81
6.94
4.94
11.79

1.47
1.9S
3.44
8.41
5.62
12.74

1.42
1.53
3.88
9.88
5.91
12.34

.32
.44
.72
1.88
1,22
3.10

.35
.46
.73
2.04
1.41
3.25

.33
.40
.75
1.60
1.26
2.83

.40
.55
1.00
2.09
1.42
3.06

.37
.48
.82
2.36
1.36
3.33

.38
.55
.86
2.36
1.58
3.52

.32
.41
.70
1.84
1.35
2.87

.34
.41
1.12
2.45
1.49
2.99

.37
.35
.98
2.66
1.46
3.09

.39
.36
1.07
2.92
1.62
3.39

.36
.37
.98
2.33
1.48
2.96

do
do
_ _ do
do

52.75
23.00
11.75
11.25

55.35
24.15
12.45
11.70

58.00
25.60
13.15
12.45

60.10
26.80
13.85
12.95

61.25
27. 55
14.35
13.20

62.80
27.75
14.50
13.25

61.65
27.85
14.20
13.70

61.50
27.00
13.75
13.25

60.90
26.15
13.50
12.65

62.70
26.00
13.50
12.55

64.90
26.35
13.65
12.70

do
do
do
do
do
do

1.25
1.70
3.00
6.75
5.05
11.95

1.35
1.95
3.00
7.30
5.30
12.25

1.40
1.75
3.30
8.25
5.35
12.35

1.55
2.00
3.50
8.30
5.50
12.45

1.45
1.85
3.40
8.55
5.60
12.85

1.45
2.35
3.50
8.50
5. 95
13.30

1.40
1.80
3.05
9.20
5.75
12.55

1.30
1.55
3.90
9.70
5.80
12.25

1.45
1.40
4.10
9.80
6.05
11.95

1.50
1.40
4.45
10,65
6.05
12.65

1.55
1.65
4.35
11.60
6.35
13.00

10,084
6,811
229
1,473
1,571

10,120
6,925
206
1,345
1,644

10,528
7,188
200
1,478
1,662

10,645
7,179
219
1,537
1,710

10,912
7,369
205
1,589
1, 749

11,059
7,440
205
1,648
1,766

11,371
7,661
335
1,594
1,781

11,377
7,703
336
1,556
1,782

11,513
7,626
245
1,827
1,815

11,496
7,478
323
1,882
1,813

pll,867
P 7,924 *8,323

-32,296 -38,063 -40,988 -8,253 -8, 624 -9,020 -9,336 -9, 778 -9,929
-21,516 -25, 541 -26,991 -5,568 -5, 782 -6, 036 -6,263 -6,567 -6, 675
q 7qc -4,339
-962
-979
-872
-923
793
-761
-563
-556
-476
-479
-469
Income on foreign investments in the U.S__do..__ -l! 729 -2,074 -2,293 -430
Other services
do
-6,106 -6,712 -7,365 -1,494 -1,580 -1,636 -1, 671 -1,693 -1,712

-10,078
-6,686
-1,072
-560
-1, 760

-10,108
-6,605
-1,065
-560
-1,878

-10,154
-6, 541
-1,098
-575
-1,940

-10,648
-7, 159
-1, 104
-598
-1,787

p-11,493
r-7,836 p-8,312
p-l, 108
p -650
P- 1,895

National income, totalf

_

_ _ bil. $

Compensation of employees, total
Wages and salaries total
Private
_
Military
Government civilian
Supplements to wages and salaries
Proprietors' income, total 9
Business and professional 9
Farm
- Rental income of persons

do____
do
do
do

-

Corporate profits and inventory valuation adjustment, total
_
bil. $__
By broad industry groups:
Financial institutions
do
Nonfinaneial corporations, total
do
Manufacturing total
do
Durable goods industries
do
Transportation, communication, and public
utilities
bil $
All other industries
do
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
do

A

62.6
47.8
14.8
20.9

»77.1

DISPOSITION OF PERSONAL INCOMEf
Quarterly Data Seasonally Adjusted at Annual Rates
Personal income total
Less: Personal tax and nontax payments
Equals: Disposable personal income. _
Less* Personal outlays©
Equals* Personal savings
NEW PLANT AND EQUIPMENT
EXPENDITURES

Unadjusted quarterly or annual totals:
All industries
Manufacturing
Durable goods industries^
_
Nondurable goods industries'!--Mining
Railroad
Transportation, other than rail
Public utilities
Communication
Commercial and other
Seas. adj. qtrly. totals at annual rates:
All industries _
Manufacturing
Durable goods industries! —
Nondurable goods industries'!
Mining _ _ _ _
_ __
Railroad
Transportation, other than rail
Public utilities
Communication
Commercial and other

,

U6.37 216.73
7.02
6.97
3.68
3.63
3.34
3.34
.40
.34
1.04
2.90

.40
.34
1.16
2.92

34.71

34.88

164.60 266.05
28.30
27.65
14.90
14.45
13.40
13.20
1.55
1.30
3.65
11.40

1.60
1.35
4.75
10.75

»19.00 3 19. 30

U.S. BALANCE OF INTERNATIONAL
PAYMENTS^1
Quarterly Data Are Seasonally Adjusted
(Credits +; debits -)
Exports of goods and services (excl. transfers under
military grants)
mil $
Merchandise adjusted excl military
do
Military sales
do
Income on U.S. investments abroad
do
Other services
do
Imports of goods and services..Merchandise, adjusted, excl. military

39,197
26,244
830
5,894
6,229

43,144
29, 176
829
6,252
6,887

45, 757
30,468
1,239
6,859
7,191

do
do

Unilateral transfers, net (excl. military grants);
-680
transfers to foreigners (— )
mil. $._ -2,834 -2,925 -3,075 -711
r
Revised.
*> Preliminary.
1
Estimates for Apr .-June 1968 based on anticipated capital expenditures of business.
2 Estimates for July-Sept. 1968 based on anticipated capital expenditures of business.
Anticipated expenditures for the year 1968 are as follows (in bil.$): All industries, 65.78; manufacturing, total, 27.63; durable goods industries, 14.40; nondurable goods industries, 13.24;
mining, 1.63; railroad, 1.44; transportation, 4.46; public utilities, 11.17; communication, 6.67;
commercial and other, 12.77.
3 Includes communication.
fSee corresponding note on p. S-l.
9 Includes inventory valuation adjustment.




-845

-732

-701

-647

-730

-859

*> 1,761
p 1,876

-641 T -639

©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.
^Data for individual durable and nondurable goods industries components appear in the
Mar., June, Sept., and Dec. issues of the SURVEY.
cfMore complete details are given in the quarterly reviews in the Mar., June, Sept., and Dec.
issues of the SURVEY. Revised data back to 1960 appear on p. 32 fl. of the June 1968 issue.


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102