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SURVEY OF CURRENT BUSINESS September 1970 11 NATIONAL INCOME AND PRODUCT TABLES 1970 1969 1968 II 1969 III IV 1970 II II 1969 1968 Seasonally adjusted at annual rates III IV II Seasonally adjusted at annual rates Billions of current dollars Billions of 1958 dollars Table 1.—Gross National Product in Current and Constant Dollars (1.1, 1.2) 959.5 971.1 707.2 722.1 726.1 730.9 729.2 723.8 724.9 603.1 614.4 452.3 467.7 463.3 467.1 468.7 471.7 474.0 478.1 90.8 252.0 249.8 89.1 258.8 255.2 91.9 262.6 259.9 81.4 196.5 174.4 84.9 201.2 181.6 84.9 199.7 178.7 85.7 200.9 180.5 84.1 201.9 182.7 84.9 202.4 184.4 82.7 205.6 185.8 84.9 206.6 186.6 143.8 140.2 133.2 134.3 105.7 111.3 109.7 111.5 114.1 110.0 102.9 103.1 132.4 133.0 131.6 131.2 98.8 104.1 103.6 104.8 104.2 103.9 101.5 100.1 97.5 32.3 65.2 101.5 35.2 66.3 102.6 35.1 67.5 102.6 35.7 66.9 102.8 35.3 67.5 75.5 22.7 52.7 80.8 24.0 56.9 79.3 23.8 55.4 80.2 23.1 57.0 81.9 24.6 57.3 82.1 24.3 57.8 80.9 24.4 56.5 80.2 23.5 56.7 33.0 32.4 .5 33.9 33.3 .6 31.0 30.4 .6 30.4 29.8 .6 29.1 28.4 .6 28.4 27.8 .6 23.3 22.9 .4 23.3 22.8 .4 24.3 23.9 .4 24.7 24.2 .4 22.3 21.8 .4 21.8 21.4 .4 20.7 20.2 .4 20.0 19.5 .4 8.5 8.0 .4 7.4 7.3 .1 7.9 7.6 .3 11.3 10.8 .5 7.2 6.5 .7 1.6 .9 .7 3.1 2.6 .5 6.9 6.8 .1 7.2 6.8 .4 6.1 5.9 .1 6.6 6.3 .3 6.1 5.4 8 1.3 .8 6 29 2.5 4 25 1.9 13 1.3 2.6 26 35 4.1 9 2 — .4 — 3 9.9 9.3 .6 g 9 19 24 50.6 48.1 55.5 53.6 47.8 46.5 57.2 55.9 58.3 55.6 58.8 56.2 61.1 57.6 62.8 58.7 45.7 44.8 48.5 48.2 42.3 42.6 50.7 51.1 50.8 50.0 50.0 49.1 52.0 50.1 52.9 50.5 865.0 931.4 907.6 923.7 535.8 577.5 561.8 573.3 582.1 592.6 84.0 230.2 221.6 90.0 245.8 241.6 89.1 90.6 239.2 244.0 233.5 238.7 89.5 248.1 244.5 126.5 139.8 136.0 139.3 118.9 131.4 128.7 131.4 88.7 29.6 59.1 99.3 33.8 65.5 95.7 32.6 63.1 30.3 29.7 .5 32.0 31.5 .6 Change in business inventories Nonfarm Farm 7.6 7.5 .1 Net exports of goods and services Gross national product Personal consumption expenditures.. Durable goods Nondurable goods Services . Gross private domestic investment Fixed investment Nonresidential. Structures Producers' durable equipment . Residential structures Nonfarm Farm Exports Imports Government purchases of goods and services. Federal National defense Other State and local. . . . . ... 942.6 951.7 727.1 200.2 212.2 208.5 209.9 214.1 216.3 219.6 218.4 148.3 99.5 78.0 21.5 100.7 101.3 78.8 22.6 110.8 100.9 78.6 22.4 107.5 99.8 77.9 21.9 110.1 102.5 79.8 22.7 111.6 102.1 78.8 23.3 114.2 99.7 76.8 22.9 118.7 78.7 75.7 78.0 75.8 75.2 73.8 71.1 67.8 69.6 72.1 71.5 72.1 72.1 72.9 73.8 73.5 102.3 79.3 23.0 117.4 147.8 149.5 147.9 147.3 146.6 145.0 141.3 Table 2.—Gross National Product by Major Type of Product in Current and Constant Dollars (1.3,1.5) Gross national product Final sales... Change in business inventories 865.0 857.4 7.6 931.4 907.6 923.7 942.6 951.7 959.5 922.9 900.2 915.9 931.2 944.5 957.9 7.4 7.2 8.5 7.9 11.3 1.6 Goods output Final sales Change in business inventories 430.6 422.9 7.6 460.0 448.3 451.6 440.9 7.4 8.5 971.1 707.2 727.1 722.1 726.1 968.1 700.3 719.9 716.1 719.4 3.1 7.2 6.9 6.1 6.6 456.7 448.8 7.9 466.2 468.9 454.9 461.7 7.2 11.3 189.4 182.7 6.7 192.7 184.8 7.9 192.7 187.4 5.3 185.3 186.6 185.5 188.5 -.3 -1.9 467.1 465.5 1.6 474.9 380.7 471.8 373.8 3.1 6.9 Durable goods Final sales Change in business inventories . 176. 1 190.2 170.4 183.9 6.4 5.7 Nondurable Final sales Change in business inventories 254.5 252.5 2.0 269.8 262.1 267.3 273.5 267.7 260.4 266.1 270.1 1.2 2.1 3.5 1.8 276.2 274.3 1.9 281.8 280.0 1.9 288.3 218.6 283.3 216.7 5.0 1.8 347.1 87.4 377.6 93.8 372.3 383.0 93.3 94.8 390.3 92.5 400.1 92.3 405.8 90.4 Services Structures .. . 186.1 180.5 5.6 364.8 94.5 729.2 723.8 723.0 722.4 6.1 1.3 392.2 388.5 391.1 395.7 393.5 387.3 385.0 382.4 384.5 385.8 387.4 386.0 7.2 6.1 6.6 6.1 9.9 1.3 724. 721. 2. 391.1 388. 2. 171.6 164.9 6.7 170.3 165.9 4.4 162.3 162.6 -.3 162. 164.< -1. 222.1 220.3 1.8 220.1 221.1 224.1 218.8 220.0 220.9 3.2 1.3 1.1 223.3 221.5 1.8 225.1 223.4 1.6 228. 223. 4. 268.2 66.6 264.7 68.9 269.8 65.4 271.3 64.4 273.1 63.4 272.1 60. 162.1 170.1 157.1 164.7 5.1 5.3 260.0 66.6 730.9 720.9 9.9 168.4 163. 6 4.8 170.0 164.5 5.5 267.2 67.8 Table 3.—Gross National Product by Sector in Current and Constant Dollars (1.7, 1.8) Gross national product Private Business Nonfarm. _ Farm Households and institutions Rest of the world General government. ... 865.0 931.4 907.6 923.7 942.6 951.7 959.5 971.1 707.2 727.1 722.1 726.1 730.9 729.2 723.8 724. 770.1 827.8 808.2 822.3 836.6 844.0 848.5 858.4 647.6 666.4 662.1 665.6 669.8 668.1 664. 740.1 795.4 714.6 767.9 25.5 27.5 776.2 749.1 27.1 790.3 762.7 27.6 804.2 776.6 27.6 810.8 783.0 27 8 814.3 824.5 785.5 796.0 28 8 28 5 627.2 603.4 23 8 646.0 622.5 23 6 641 5 616.7 24 7 645 3 649.7 622.0 626.2 23 3 23 5 27.4 4.6 27.8 4.2 28.3 4.1 29.0 4.2 29.6 4.5 30.0 3.9 15.9 4.5 16.4 4.0 16 3 4.3 16.3 3.9 16.3 3.8 16.6 4.0 16.7 4.3 16. 3.( 111.0 112.8 59.7 60.7 60 1 60 5 61 0 61 1 60.7 60. 25.3 4.7 94.9 28.1 4.3 103.6 99.4 101.4 106.0 107.7 HISTORICAL STATISTICS National income and product statistics for earlier periods are available as follows: Data for 1966-69, July 1970 SURVEY OF CURRENT BUSINESS; 1964-65, July 1968 SURVEY; 1929-63, The National Income anQ Product Accounts of the United States (available from U.S. Department of Commerce Field Offices or from the Superintendent of Documents, U.S. Government Printing Office, Washington, D.C. 20402, price $1.00 per copy). 663.1 647.6 642.1 624.7 619.5 22 8 22 6 644. 621. 23. CURRENT BUSINESS STATISTICS JLHE STATISTICS here update series published in the 1969 edition of BUSINESS STATISTICS, biennial statistical supplement to the SURVEY OF CURRENT BUSINESS. That volume (price $3.00) provides a description of each series, references to sources of earlier figures, and historical data as follows: For all series, monthly or quarterly, 1965 through 1968 (1958-68 for major quarterly series), annually, 1939-68; for selected series, monthly or quarterly, 1947-68 (where available). Series added or significantly revised after the 1969 BUSINESS STATISTICS went to press are indicated by an asterisk (*) and a dagger (f), respectively; certain revisions for 1968 issued too late for inclusion in the 1969 volume appear in the monthly SURVEY beginning with the September 1969 issue. Also, 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 1969 edition of BUSINESS STATISTICS; they appear in the main descriptive note for each series, and are also listed alphabetically on pages 189-90. 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. 1967 Unless otherwise stated in footnotes below, data through 1968 and descriptive notes are as shown in the 1969 edition of BUSINESS STATISTICS 1967 1968 | 1969 II Annual total III 1969 1968 IV I II III IV | U I 1970 III IV I II Seasonally adjusted quarterly totals at annual rates GENERAL BUSINESS INDICATORS—Quarterly Series NATIONAL INCOME AND PRODUCT Gross national product, total f _ _ _ _ _ Personal consumption expenditures, total bil. $ 793 9 865 0 931 4 784 5 800 9 815 9 834.9 858.1 875.8 891.4 907.6 923.7 942.6 951.7 959.5 971.1 do 492.1 535.8 577.5 489.6 495.5 502.5 519.7 529.1 543.8 550.8 561.8 573.3 582.1 592.6 603.1 614.4 73.1 30.5 31 4 84.0 37.2 34 6 90.0 40.3 36 7 73.6 31.4 31 2 73.7 31.2 31 3 75.3 31.1 32 5 79.9 34.9 33 7 82.6 36.0 34.1 86.7 39.1 35.4 86.9 38.8 35.2 89.1 39.8 35.8 90.6 40.0 37.2 89.5 40.2 36.7 90.8 41.1 36.9 89.1 37.7 38.3 91.9 39.4 38. 9 do_ do do do_ __ 215.0 42 3 108.5 17.6 230.2 46 1 115 1 19.0 245.8 49 9 121. 7 21.1 214.2 42 5 107 8 17.5 215.5 42 7 108.4 17.7 217.1 42 5 109 5 18.1 225.6 44 8 112.7 18.8 227.6 45 2 114.7 18.6 232.6 47. 1 116. 1 19.2 234.8 47.2 117.0 19.3 239.2 47.9 119.1 20.3 244.0 50.0 120.8 20.8 248.1 50.7 122.4 21.5 252.0 50.9 124.6 21.7 258.8 51.3 128.8 22.4 262. 6 51.8 131.2 22.7 -do -do_ _ _do do 204.0 29.1 71.8 14.5 221.6 31.2 77.4 15.6 241.6 33.9 84.0 16.7 201.8 29.0 71.2 14.4 206.3 29.2 72.3 14.6 210.1 30.1 73.7 14.6 214.2 30.4 75.2 15.2 218.9 30.8 76.6 15.3 224.5 31.5 77.9 15.6 229.0 32.1 79.8 16.1 233.5 32.7 81.4 16.2 238.7 33.3 83.0 16.5 244.5 34.5 84.7 16.8 249.8 34.8 87.0 17.1 255.2 35.2 89.0 17.7 259.9 35.9 90.8 17.9 Durable goods total 9- - do Automobiles and parts _ do_ _ Furniture and household equipment do Nondurable goods, total 9 Clothing and shoes Food and beverages Gasoline and oil Services tota!9 -Household operation Housing Transportation -_ - __ - 116.6 126.5 139.8 110.7 118.6 123.0 119.8 127.3 126.5 132.6 136.0 139.3 143.8 140.2 133.2 134.3 Fixed investment do Nonresident ial do Structures - - - - ---do_ __ Producers' durable equipment do Residential structures - do Nonfarm - - - __do_ __ Change in business inventories do Nonfarm _ do 108.4 83.3 28.0 55.3 25.1 24.5 8.2 7.5 118.9 88.7 29.6 59.1 30.3 29.7 7.6 7.5 131.4 99.3 33.8 65.5 32.0 31.5 8.5 8.0 106.2 82.9 27.3 55.6 23.3 22.7 4.5 4.0 109.9 83.3 27.9 55.4 26.6 26.0 8.7 7.8 113.0 84.1 28.0 56.2 28.8 28.3 10.0 8.5 117.2 88.3 29.8 58.5 28.8 28.3 2.6 2.5 117.0 86.4 28.9 57.5 30.6 30.1 10.4 10.3 118.3 88.3 29.4 59.0 29.9 29.4 8.2 8.1 123.3 91.6 30.3 61.3 31.7 31.1 9.3 9.3 128.7 95.7 32.6 63.1 33.0 32.4 7.4 7.3 131.4 97.5 32.3 65.2 33.9 33.3 7.9 7.6 132.4 101.5 35.2 66.3 31.0 30.4 11.3 10.8 133.0 102.6 35.1 67.5 30.4 29.8 7.2 6.5 131.6 102.6 35.7 66.9 29.1 28.4 1.6 .9 131.2 102.8 35.3 67.5 28.4 27.8 3.1 2.6 Net exports of goods and services do Exports - - - -do_ Imports _do__ _ 5.2 46.2 41.0 2.5 50.6 48.1 1.9 55.5 53.6 5.8 46.0 40.1 5.6 46.3 40.7 4.0 46.8 42.8 1.8 47.7 45.9 3.4 50.7 47.3 3.4 53.2 49.8 1.4 50.9 49.5 1.3 47.8 46.5 1.3 57.2 55.9 2.6 58.3 55.6 2.6 58.8 56.2 3.5 61.1 57.6 4.1 62.8 58.7 Govt. purchases of goods and services, total.. do Federal _ _ do___ National defense - __do_ _ State and local _ - _ _ -do 180.1 90.7 72.4 89.4 200.2 99.5 78.0 100.7 212.2 101.3 78.8 110.8 178.4 90.1 71.8 88.2 181.3 91.4 73.0 89.9 186.5 93.6 74.7 92.9 193.6 96.4 76.3 97.2 198.3 98.9 77.8 99.4 202.1 100.7 78.6 101.4 206.7 101.9 79.2 104.7 208.5 100.9 78.6 107.5 209.9 99.8 77.9 110.1 214.1 102.5 79.8 111.6 216.3 102.1 78.8 114.2 219.6 102.3 79.3 117.4 218.4 99.7 76.8 118. 7 By major type of product: f Final sales total Goods total Durable goods Nondurable goods Services Structures 785.7 390. 7 156.5 234.2 316.5 78.6 857.4 422.9 170.4 252.5 347.1 87.4 922.9 451. 6 183.9 267.7 377.6 93.8 780.0 392. 1 158.2 234.0 311.9 75.9 792.2 393. 1 157.6 235.5 319.7 79.4 805.9 395.0 158.5 236.5 328.4 82.5 832.3 411. 6 165.2 246.4 334.7 86.0 847.8 417.8 168.0 249.8 343.1 86.8 867.6 429.0 173.1 255.9 352.2 86.3 882.1 433.3 175.3 258.0 358.4 90.5 900.2 440.9 180.5 260.4 364.8 94.5 915.9 448.8 182.7 266.1 372.3 94.8 931.2 454.9 184.8 270.1 383.0 93.3 944.5 461.7 187.4 274.3 390.3 92.5 957.9 465.5 185.5 280.0 400.1 92.3 968.1 471.8 188.5 283.3 405.8 90. 4 8.2 4.7 3.5 7.6 5.7 2.0 8.5 6.4 2.1 4.5 2.1 2.4 8.7 5.6 3.1 10.0 6.1 3.9 2.6 2.5 .1 10.4 7.1 3.2 8.2 5.8 2.4 9.3 7.2 2.1 7.4 5.6 1.8 7.9 6.7 1.2 11.3 7.9 3.5 7.2 5.3 1.9 1.6 -.3 1.9 3.1 -1.9 5.0 Gross private domestic investment, total _ _ Change in business inventories Durable goods Nondurable good's do do do - do do __do do _ do do do GNP in constant (1958) dollars Gross national product total f Personal consumption expenditures, total Durable goods Nondurable goods Services . ___ bil. $ 675.2 707.2 727.1 671.6 678.9 683.6 693.5 705.4 712.6 717.5 722.1 726.1 730.9 729.2 723.8 724. 9 do 430.1 452.3 467.7 430.3 431.6 434.3 445.0 448.4 457.7 458.1 463.3 467.1 468.7 471.7 474.0 478.1 72.9 190.2 167.0 81.4 196.5 174.4 84.9 201.2 181.6 74.0 190.4 165.9 73.3 190.0 168.3 74.0 190.3 169.9 78.1 195.5 171.3 80.2 194.9 173.2 83.9 197.9 175.9 83.2 197.6 177.4 84.9 199.7 178.7 85.7 200.9 180.5 84.1 201.9 182.7 84.9 202.4 184.4 82.7 205.6 185.8 84.9 206.6 186.6 do __do_ __ do do 101.2 105.7 111.3 96.7 102.4 105.1 101.3 107.1 105.1 109.5 109.7 111.5 114.1 110.0 102.9 103.1 Fixed investment Nonresidential Residential structures Change in business inventories do_ ..do do -do 93.5 73.2 20.4 7.7 98.8 75.5 23.3 6.9 104.1 80.8 23.3 7.2 92.5 73.3 19.2 4.3 94.2 72.9 21.3 8.3 95.9 72.9 23.0 9.2 98.9 76.1 22.9 2.4 97.6 73.8 23.8 9.5 97.7 74.9 22.8 7.4 103.6 79.3 24.3 6.1 104. 8 80.2 24.7 6.6 104.2 81.9 22.3 9.9 103.9 82.1 21.8 6.1 101.5 80.9 20.7 1.3 100.1 80.2 20.0 2.9 Net exports of goods and services do 3.6 .9 .2 4.3 4.2 2.1 .8 1.5 1.5 101.0 77.1 23.9 8.5 2 -.3 .8 .9 1.9 2.4 Gross private domestic investment, total 140.2 148.3 140.2 147.8 140.7 Govt. purchases of goods and services, total__do 75.4 74.7 78.7 75. 7 74.9 Federal do 69.6 72.1 65.3 65.3 65.5 State and local do r Revised. p Preliminary. fRevised series. Estimates of national income and product and personal income have been revised back to 1967 (see p. 17 ff. of the July 1970 A 145.0 142.2 148.3 150.0 147.9 147.3 146.6 146.4 148.5 149.5 141.3 79.4 78.0 75.2 79.1 78.9 75.8 73.8 71. 1 75.5 77.5 67.8 72.1 69.4 69.4 72.1 72.9 73.8 70.6 66.7 68.9 71.5 73.5 SURVEY); revisions prior to May *969 for personal income appear on p. 26 ft. of the July 1970 SURVEY. 9 Includes data not shown separately. Sr-1 SURVEY OF CUERENT BUSINESS S-2 Unless otherwise stated in footnotes below, data through 1968 and descriptive notes are as shown in the 1969 edition of BUSINESS STATISTICS 1967 196S | 1969 1968 1967 IV Annual total September 1970 I II 1970 1969 III IV I II IV III I II III IV GENERAL BUSINESS INDICATORS—Quarterly Series—Continued NATIONAL INCOME AND PRODUCT— Con Quarterly Data Seasonally Adjusted at Annual Rates National income total f 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 653.6 712.7 769.5 671.6 687.2 706.1 722.2 735.2 749.3 764.0 779.5 785.2 791.5 ' 797. 4 do 467.2 514.1 564.2 481.8 495.3 507.6 520.9 532.5 544.9 557.5 572.2 582.1 592.2 596.4 do do do do do do do_._ do do 423.1 337.3 16.2 69.5 44.2 62.1 47.3 14.8 21.1 464.8 369.1 17.9 77.8 49.3 64.1 49.1 15.0 21.3 509.0 404.9 19.0 85.1 55.1 66.8 50.5 16.4 22.0 436.2 346.5 17.0 72.7 45.6 62.9 47.7 15.2 21.3 447.9 356.0 17.3 74.7 47.4 62.9 48.5 14.4 21.3 458.9 364.7 17.6 76.6 48.7 63.8 49.2 14.6 21.3 471.0 373.4 18.6 79.0 49.9 64.4 49.2 15.3 21.3 481.4 382.5 18.2 80.7 51.1 65.2 49.4 15.8 21.3 491.6 391.5 18.1 81.9 53.3 66.0 49.9 16.2 21.6 502.9 401.2 18.4 83.4 54.6 66.7 50.5 16.2 22.0 516.4 409.9 19.9 86.6 55.8 67.5 50.9 16.6 22.1 525.3 417.2 19.6 88.5 56.8 67.2 50.6 16.6 22.3 534.4 422.6 a20. 1 a91.7 57.9 67.6 50.6 17.0 22.5 537.4 424.0 19.5 93.9 59.0 67.8 51.2 16.5 22.6 78.7 85.4 85.8 80.0 81.3 86.0 87.4 87.1 87.1 87.4 86.8 82.0 76.7 '77.5 10.0 68.7 38.7 18.0 20.7 11.0 74.4 42.4 19.1 23.3 12.0 73.8 41.8 19.3 22.4 10.2 69.8 38.7 18.1 20.6 10.6 70.6 40.1 18.6 21.5 10.8 75.2 42.8 18.9 23.9 11.5 75.9 42.9 19.4 23.6 11.2 75.9 43.7 19.2 24.4 11.5 75.5 43.4 19.4 24.0 11.9 75.4 42.9 19.9 23.0 12.2 74.6 41.8 19.1 22.7 12.2 69.8 39.1 19.0 20.0 12.0 64.7 35.2 18.3 16.9 12.3 '65.2 35.5 18.2 17.2 10.8 19.1 11.0 21.0 10.7 21.4 10.7 20.3 11.1 19.5 11.0 21.3 11.2 21.8 10.7 21.5 11.0 21.2 10.8 21.8 10.6 22.2 10.3 20.4 9.1 20.4 8.6 21.1 79.8 33.2 46.6 21.4 25.3 -1.1 24.4 88.7 40.6 48.2 23.3 24.9 -3.3 27.8 91.2 42.7 48.5 24.7 23.9 -5.4 30.7 83.3 34.5 48.9 21.0 27.8 -3.3 25.6 86.7 39.8 46.9 22.3 24.7 -5.4 26.4 88.6 40.4 48.3 23.1 25.2 -2.6 27.3 88.4 40.4 48.0 23.8 24.2 -.9 28.2 91.3 41.7 49.6 24.1 25.5 -4.2 29.1 93.0 43.5 49.5 24.1 25.5 -5.9 29.7 93.4 43.8 49.7 24.4 25.2 -6.0 30.4 89.9 42.1 47.9 25.0 22.9 -3.2 31.0 88.5 41.4 47.1 25.2 21.9 -6.5 31.7 82.6 38.0 44.6 25.2 19.4 -5.8 32.4 '82.0 '38.1 '43.9 25.1 '18.8 -4.5 33.1 629.3 83.0 546.3 506.0 40.4 688.7 97.5 591.2 550.8 40.4 748.9 117.3 631.6 593.9 37.6 646.3 86.3 559.9 516.6 43.3 664.0 89.1 574.9 534.1 40.8 680.9 92.6 588.4 543.8 44.6 697.6 102.1 595.6 559,1 36.5 712.5 106.5 606.0 566.4 39.6 725.8 113.8 612.0 577.7 34.3 741.1 118.1 623.0 589.7 33.3 758.1 117.5 640.6 598.7 42.0 770.5 119.9 650.6 609.6 41.1 782.3 117.0 665.3 620.5 44.8 801.3 117.7 683.6 632.1 51.5 65.47 28.51 14.06 14.45 67.76 28.37 14.12 14.25 75.56 31.68 15.96 15.72 18.12 7.77 3.96 3.81 15.10 6.15 3.06 3.09 16.85 6.99 3.36 3.63 16.79 7.13 3.54 3.59 19.03 8.10 4.16 3.94 16.04 6.58 3.36 3.22 18.81 7.82 3.98 3.84 19.25 8.16 4.03 4.12 21.46 9.12 4.59 4.53 17.47 7.14 3.59 3.56 ' 20. 33 'i 20. 06 i 22. 66 '8.15 '7.76 8.99 '4.08 ' 3.78 4.44 '4.07 '3.98 4.55 36.96 1.65 1.86 2.29 1.48 8.74 6.75 2.00 6.34 14.59 39.40 1.63 1.45 2.56 1.59 10.20 7.66 2.54 6.83 15.14 43.88 1.86 1.86 2.51 1.68 11.61 8.94 2.67 8.30 16.05 10.35 .47 .50 .64 .38 2.59 2.08 .51 1.73 4.04 8.95 .42 .39 .68 .30 2.07 1.69 .38 1.59 3.50 9.86 .43 .37 .58 .42 2.62 1.94 .68 1.62 3.81 9.66 .39 .31 .64 .41 2.61 1.87 .74 1.61 3.69 10.93 .40 .38 .66 .47 2.90 2.16 .74 2.00 4.13 9.45 .42 .38 .68 .38 2.36 1.88 .48 1.81 3.41 10.99 .48 .44 .66 .46 2.99 2.22 .77 2.00 3.97 11.10 .47 .49 .53 .40 3.03 2.23 .80 2.11 4.07 12.34 .49 .55 .64 .44 3.23 2.61 .62 2.39 4.60 10.32 .45 .42 .73 .28 2.54 2.15 .39 2.14 3.76 ' 12. 18 ' 12. 30 13.67 '.47 '.44 .49 '.47 '.46 .52 '.80 '.80 .71 '.31 '.31 .35 4.00 '3.28 '3.70 3.32 '2.59 '2.91 '.69 '.79 .68 2.59 '4.26 ' 2 6. 58 27.60 do do do do 65.66 27.51 13.71 13.80 68.09 28.02 14.11 13.91 66.29 27.84 13.51 14.33 67.77 28.86 14.47 14.40 69.05 28.70 14.39 14.31 72.52 29.99 15.47 14.52 73.94 31.16 15.98 15.18 77.84 33.05 16.53 16.52 77.84 32.39 15.88 16.50 78.22 32.44 16.40 16.05 ' ' ' ' 80. 22 'i 81. 05 » 32. 43 ' 31. 21 16. 32 ' 15. 38 16. 11 ' 15. 84 82. 24 32.15 15.53 16.62 do do do do do do do do do do 38.15 1.78 1.82 2.79 1.41 9.46 7.47 1.99 6.37 14.54 40.07 1.80 1.68 2.88 1.43 10.08 7.76 2.32 6.83 15.37 38.45 1.66 1.49 1.98 1.49 10.24 7.64 2.60 6.42 15.17 38.91 1.57 1.29 2.69 1.65 9.82 7.50 2.32 6.67 15.22 40.35 1.52 1.34 2.87 1.75 10.63 7.74 2.89 7.34 14.91 42.53 1.83 1.68 2.89 1.87 11.52 8.62 2.90 7.74 15.00 42.78 1.88 1.76 2.22 1.66 11.68 8.71 2.97 7.92 15.67 44.80 1.89 2.06 2.23 1.65 11.48 8.98 2.50 8.71 16.78 45.46 1.85 1.94 2.80 1.63 11.80 9.36 2.44 8.76 16.67 45.78 1.92 1.74 2.94 1.37 12.14 9.77 2.37 9.14 16.52 ' 47. 79 ' 49. 84 '1.84 '1.78 '1.88 ' 1.93 '2.88 '3.48 ' 1.12 '1.26 ' 12. 72 ' 14. 34 ' 10. 15 ' 11. 82 '2.57 '2.52 10.38 ' 16. 98 '2 27. 05 2 50.09 1.89 1.87 2.89 1.30 14.62 11.92 2.70 11, 694 7,601 341 1,888 1,864 11, 932 7,946 302 1,765 1,919 12,685 8,386 344 1,990 1,965 13, 295 8,878 393 2,000 2,024 12, 714 8,378 357 1,93' 2,044 11, 948 7,472 391 2,089 1,996 14,291 9,585 313 2,150 2,243 14, 565 9,581 458 2,286 2,240 -11,832 12, 444 12, 374 -11,618 -13, 978 7,576 -9, 606 -8, 132 -8,569 -8, 443 -1,112 -1,147 -1,173 - 1, 198 -1,187 -905 -1,071 -762 -761 -732 -1,856 -1,967 -1,996 -1,939 -2, 114 -13, 909 -9,263 -1,220 -1,240 -2, 186 Corporate profits and inventory valuation adjustment total bil $ By broad industry groups: Financial institutions do Nonfinancial corporations total do Manufacturing total do Nondurable goods industries do Durable goods industries do Transportation, communication, and public utilities bil $ All other industries do Corporate profits before tax total do Corporate profits tax liability do Corporate profits after tax do Dividends do Undistributed profits do Inventory valuation adjustment do Net interest 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 Less* Personal outlays© do Equals: Personal saving§ do NEW PLANT AND EQUIPMENT EXPENDITURES Unadjusted quarterly or annual totals :t All industries bil. $ Manufacturing do Durable goods industries J do Nondurable goods industries 1_ . . . . do Nonmanufacturing . Mining. Railroad Air transportation Other transportation Public utilities Electric Gas and other Communication Commercial and other ... Seas. adj. qtrly. totals at annual rates:}: All industries Manufacturing Durable goods industries J Nondurable goods industries t Nonmanufacturing Mining . _ Railroad Air transportation _ . . Other transportation Public utilities Electric Gas and other Communication Commercial and other, . do do do do do do do do do do U.S. BALANCE OF INTERNATIONAL PAYMENTScf Quarterly Data Are Seasonally Adjusted (Credits +; debits -) Exports of goods and services (excl. transfers under military grants) mil. $_. Merchandise, adjusted, excl. military do Transfers under military sales Contracts do Income on U.S. investments abroad do Other services . do 46, 204 30, 681 1,239 6,872 7,412 50, 626 33, 588 1,396 7,690 7,952 55, 516 36, 473 1,514 8,839 8,690 Imports of goods and services do -40,991 -48, 127 -53,566 10,703 11,477 Merchandise adjusted excl militarv do -26, 821 -32, 964 35,835 -7, 154 -7,820 Military expenditures do -4,378 -4,535 -4,850 -1,112 -1, 103 -607 -677 Income on foreign investments in the U.S do -2, 362 -2, 932 -4,463 Other services do -7,430 -7,696 -8, 418 -1,830 -1,877 Unilateral transfers, net (excl. military grants); transfers to foreigners (— ) mil $ -629 -643 -2, 970 -2, 829 -2, 835 ' Revised. v Preliminary. 1 Estimates (cofrected for systematic biases) for Julj7Sept. 1970 and Oct.-Dec. 1970 based on expected capi tal expenc iitures of business Expecte d 2Incl udes connexpenditures for the year 1970 appear on p. 18 of the 3ept..l970 SURVEY.1 munication. fSee corresponding note on p. S-l 9 In eludes in pentory valuatic)n adjustment. t Revised series; explanation of revis ions and annual 2ind quar terly da ta back to 1947 appear on pp. 25 ff . of the Jan. 1970 SURV EY; see al so pp. 19 ff. of the Feb. 19 70 SURVEY. 0Personal outlays comprise personal co nsumptio [i expendi tures, in terest pa id 27. 53 14, 712 r' 15,355 "15,890 9,835 10,241 "10, 714 ^432 352 '258 2,314 ' 2, 499 "2, 280 2,211 ' 2, 357 "2, 464 -14,061 -9,390 -1,245 -1,247 -2, 179 '-14, 504 "-14, 771 ••-9, 723 "-9, 867 --1,178 P- 1,247 '-1,348 p-1,328 '-2, 255"-2, 329 -721 '-739 p-754 -690 -812 -612 -768 -757 -675 §1Personal saving is excess by consumers and per sonal tra nsfer pajnnents t 3 foreign*srs. nal outk ver perse iys. ncome o of dis posable i HD ata for ir[dividual durable and non durable j*oods inc ustries c omponerits appear in the d"Hlore comiplete de ;ails are given in Mar., June, S 2pt., and Dec. issues of th e SURVE Y. i of 1,he SURV EY. the q uarterly reviews i n the MEir., June, Sept., a id Dec. ssues "In eludes trle retroac tive pay increase for Fede ral personnel.