The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
SUKVEY OF CURRENT BUSINESS November 1977 NATIONAL INCOME AND PRODUCT TABLES 1976 1975 1976 II III 1977 IV I II 1976 III* 1975 1976 II 1977 III. Seasonally adjusted at annual rates I IV II III* Seasonally adjusted at annual rates Billions of current dollars Billions of 1972 dollars Table 1.—Gross National Product in Current and Constant Dollars (1.1, 1.2) _. ,528.8 1,706.5 Personal consumption expenditures.. Gross national product 980.4 1,094.0 Durable goods Nondurable goods. Services Gross private domestic investment.. ,691.9 1,727.3 1,755.4 1,810.8 1,869.9 1,914.9 1,202.1 1,274.7 1,271.5 1,283.7 1,287.4 1,311.0 1,330.7 ,078.5 1,102.2 1,139.0 1,172.4 1,194.0 1,216.9 132.9 409.3 438.2 158.9 442.7 492.3 156.7 437.1 484.6 159.3 444.7 498.2 166.3 458.8 513.9 177.0 466.6 528.8 178.6 474.4 541.1 178.0 478.6 560.3 1,346.1 775.1 821.3 815.5 822.7 839.8 850.4 854.1 858.7 112.7 307.6 354.8 127.5 321.6 372.2 126.7 319.3 369.6 127.1 321.5 374.0 130.7 329.4 379.7 136.9 329.7 137.9 330.0 386.3 136.5 330.3 391.9 189.1 243.3 244.4 254.3 243.4 271.8 294.9 302.3 141.6 173.0 175.2 179.4 169.2 186.7 197.2 199.9 200.6 230.0 226.1 232.8 244.3 258.0 273.2 279.2 151.5 164.5 163.1 165.6 171.0 177.0 184.0 184.6 Nonresidential Structures Producers' durable equipment.. 149.1 52.9 96.3 161.9 55.8 106.1 159.8 55.8 104.0 164.9 56.0 109.0 167.6 57.0 110.6 177.0 57.9 119.2 182.4 61.0 121.4 186.7 62.4 124.3 112.7 36.3 76.5 116.8 37.1 79.7 115.9 37.1 78.9 118.5 37.1 81.4 119.0 37.3 81.7 124.3 37.0 87.3 126.4 38.2 88.1 Residential Nonfarm structures Farm structures Producers' durable equipment- 51.5 49.5 1.1 68.0 65.7 1.0 1.3 66.3 64.1 1.0 1.2 67.8 65.7 .9 1.3 76.7 74.3 1.1 1.3 81.0 78.5 1.1 1.4 90.8 88.2 1.2 1.4 92.5 89.9 1.1 1.5 38.8 37.1 .7 .9 47.7 46.0 .7 1.0 47.1 45.4 .7 1.0 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 1.1 127.1 38.8 88.3 57.5 55.7 .7 1.1 -11.5 -15.1 3.6 13.3 14.9 -1.6 18.3 20.4 -2.2 21.5 22.0 -.5 1.4 -2.3 13.8 14.1 -.3 21.7 22.4 -.7 23.1 22.6 .5 -1L2 1.2 8.5 10.1 -1.6 12.1 14.3 -2.1 13.8 14.4 -.6 -1.8 .7 -2.5 9.7 9.9 2 13.2 13.6 -.5 15.4 15.0 .4 17.0 Fixed investment __ .9 Change in business inventories. Nonfarm Farm Net exports of goods and services . Exports Imports Government purchases of goods and services.. Federal National defense.. Non defense State and local 20.4 7.8 10.2 7.9 3.0 -8.2 -9.7 -7.6 22.5 16.0 16.4 147.3 126.9 162.9 155.1 160.6 150.4 168.4 160.6 168.5 165.6 170.4 178.6 178.1 187.7 180.4 188.1 89.9 67.4 95.8 79.8 95.2 338.9 361.4 358.9 363.0 370.0 374.9 390.6 403.3 263.0 264.4 123.3 83.9 39.4 215.6 130.1 86.8 43.3 231.2 128.5 86.0 42.5 230.4 130.2 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 50.2 247.0 149.3 96.0 53.3 254.0 96.7 96.5 166.3 167.9 78.9 264.5 96.1 168.4 13.8 10.6 9.4 11.9 96.9 83.1 96.9 86.3 98.5 89.1 99.9 88.0 264.6 264.6 263.3 270.0 275.6 96.7 97.1 97.0 101.1 104.2 168.0 167.5 166.4 168.9 171.4 ! 97.9 ! 80.9 | Table 2.—Gross National 1Product by Major Type of Product in Current and Constant Dollars (1.3, 1.5) Gross national product Final sales Change in business inventories Goods _ Final sales. _ Change in business inventories Durable goods Final sales.. Change in business inventories Nondurable goods Final sales Change in business inventories _ Services Structures _ 1,528.8 1,706.5 1,691.9 1,727.3 1,755.4 1,810.8 1,869.9 1,914.9 1,202.1 1,274.7 1,271.5 1,283.7 1,287.4 1,311.0 1,330.7 1,346.1 1,540.3 1,693.1 1,673.7 1 705.8 1 756.3 1 797.0 1 848.2 1,891 7 1 212.0 1 266.2 1, 259.4 1,269.8 1,289.2 1,301.2 1,317.5 13.2 12.1 9.7 13.8 -1.8 8.5 -11.5 21.5 -.9 -9.9 13.8 23.1 13.3 18.3 21.7 1,330. 8 15.4 686.2 697.7 -11.5 764.2 750 9 13.3 761.7 743 4 18.3 776.0 754 5 21.5 774.7 775.6 . -.9 805.9 792.1 13.8 827.1 805 4 21.7 840.2 817 1 23.1 538.8 548.7 -9.9 580.1 571.6 8.5 579.8 567.6 12.1 586.9 573.0 13.8 581.9 583.7 -1.8 602.4 592.7 9.7 608.5 595.3 13.2 614.5 599.1 15.4 258.2 267 5 -9.2 303.4 299 3 4.1 301.9 294 9 7.0 313.4 302 7 10.7 312.6 312 0 .6 334.4 326 6 7.8 341.0 329 5 11.5 342.2 332 4 9.8 212.0 219.2 -7.2 235.2 232.4 2.8 235.9 230.9 5.0 240.8 233.5 7.2 237.0 237.0 .1 252.3 246.7 5.6 254.7 247.4 7.3 253.1 246.7 344.8 346.7 -1.9 350.1 346.0 4.2 353.8 347.9 5.8 361.4 352.4 593.6 111.9 597.1 111.5 602.9 119.3 612.1 119.5 428.0 430 2 -2.2 699 2 143.5 460.9 451 6 9.3 782 0 169.2 459.7 448 5 11.2 770 8 159.4 462 6 451 8 10.9 462.1 463.6 -1.6 471.5 465.6 6.0 486.1 475.9 10.2 498.0 484.7 13.4 326.8 329.5 -2.7 344.9 339.3 5.7 343.9 336.8 7.1 346.1 339.5 6.6 791 8 159.6 813 8 166.9 833.7 171.2 855.3 187.5 883.7 191.0 560.7 102.7 584.7 109.9 581.7 110.1 587.9 108.8 6.4 9.0 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 Statistical1 discrepancy. _. Besidual Households and institutions.. Government Federal State and local.. Rest of the world. 1,528.8 1,706.5 1,691.9 1,727.3 1,755.4 1,810.8 1,869.9 1,914.9 1,202.1 1,274.7 1,271.5 1,283.7 1,287.4 1,311.0 1,330.7 1,346.1 1,303.3 1,322.8 1,338.0 532.3 1, 586. 4 1,625.4 1,013.7 1,082. 0 1,079.3 1,090.5 1,093.9 1,116. 2 1,134.9 478.0 1,536. 7 1,576. 0 974.3 1,043. 8 1,042.5 1,051.2 1,054.8 1,077.8 1,099.8 987.8 966.7 337.4 1,392. 7 1,427. 9 870.5 934.9 941.6 944.7 934.0 112.1 111.1 103.7 140.6 144.1 108.8 109.6 110.2 148.0 108.5 34.9 35.1 33.8 51.0 50.8 33.0 32.2 34.1 47.2 32.3 -1.2 2.2 3.4 .2 7.0 5.6 4.9 5.2 4.5 1,148.4 1,109.6 1,518.3 1,692.1 1,678.4 1,712.0 1,740.9 1,793.2 1,851.4 1,895.5 1,197.3 1,268.0 1,265.1 1,276.7 1,280.9 1,289.6 1,444.3 1,433.3 1,463.0 1,485.2 1,234.6 1,390.9 1,378.0 1,409.4 1,433.4 1,115.1 1, 258.7 1,247.0 1,275.4 1,296.8 119.5 132.3 130.9 134.0 136.5 49.2 47.9 50.9 45.6 46.4 5.5 5.9 4.5 8.0 5.3 50.4 56.2 55.5 56.4 58.3 60.4 62.0 63.6 178.2 59.0 119.2 191.6 62.4 129.2 189.6 61.6 128.1 192.6 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 10.5 14.4 13.5 15.3 14.4 17.6 18.4 19.3 996.2 113.4 36.2 2.6 40.2 40.3 40.0 40.6 40.6 41.2 41.7 144.6 48.5 96.1 145.8 48.4 97.3 145.5 48.3 97.2 146.2 48.5 97.7 146.4 48.6 97.8 146.5 48.6 97.9 146.7 48.6 98.1 4.9 6.7 6.4 7.0 6.5 7.7 7.9 147.9 48.7 99.2 8.1 * Third-quarter corporate profits and related totals are preliminary and subject to revision next month. (See other footnotes on following page.) 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, 1929-7'4: CURRENT BUSINESS STATISTICS JLHE STATISTICS here update series published in the 1975 edition of BUSINESS STATISTICS, biennial statistical supplement to the SukvEY That volume (available from the Superintendent of Documents for $5.10) provides a description of each series, references to sources of earlier figures, and historical data as follows: For all series, monthly or quarterly, 1971 through 1974 (1964-74 for major quarterly series), annually, 1947-74; for selected series, monthly or quarterly, 1947-74 (where available). Series added or significantly revised after the 1975 BUSINESS STATISTICS went to press are indicated by an asterisk (*) and a dagger (f), respectively. Unless otherwise noted, revised monthly data for periods not shown herein corresponding to revised annual data are available upon request. The sources of the data are given in the 1975 edition of BUSINESS STATISTICS; they appear in the main descriptive note for each series, and are also listed alphabetically on pages 187-88. Statistics originating in Government agencies are not copyrighted and may be reprinted freely. Data from private sources are provided through the courtesy of the compilers, and are subject to their copyrights. OF CUKRENT BUSINESS. 1974 Unless otherwise stated in footnotes below, data through 1974 and descriptive notes are as shown in the 1975 edition of BUSINESS STATISTICS 1975 1976 1974 III Annual total 1975 IV I II 1977 1976 III IV I II III I IV II III Seasonally adjusted quarterly totals at annual rates GENERAL BUSINESS INDICATORS—Quarterly Series NATIONAL I N C O M E AND PUODUCTf bil.$__ 1,412.9 1,528.8 1,706.5 Personal consumption expenditures, t o t a l . . d o . . 889.6 980.4 1,094.0 909.0 916.2 936.5 Durable goods, total 9 do.. Motor vehicles and parts do.. Furniture and household e q u i p m e n t . . . d o . . Nondurable goods, total9 ...do... Clothing and shoes do... Food .do.. Gasoline and oil... ...do_. 122.0 48.0 54.9 122.9 53.9 58.0 158.9 71.9 63.9 127.7 52.3 56.1 118.7 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 61.0 376.2 65.3 189.8 36.4 409.? 70.2 209.5 39.1 442.7 76.3 225.5 41.4 383.9 66.4 193.8 38.0 388.5 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 Services, total 9 Household operation Housing Transportation ..do.. do.. do.. do_. 391.3 56.1 136.5 30.7 438.2 64.2 150.8 32.2 492.3 73.0 167.9 397.4 57.2 138.2 31.1 408.9 59.3 141.7 31.6 419.7 61.4 145.1 31.6 431.7 63.7 148.5 31.6 Gross private domestic investment, total...do... 214.6 189.1 243.3 210.7 210.4 175.1 171.2 Gross national product, totalt Fixed investment Nonresidential... Structures Producers' durable equipment 1,430.1 1,452.4 1,453.0 1,496.6 1,564.9 965.9 1,600.7 1,651.2 1,691.9 1,914.9 1,727.3 1,755.4 1,810.8 1, 995.1 1,024.1 1,056.0 1,078.5 1,102.2 1,139.0 1,172.4 1,194.0 1,216.9 159.3 72.1 63.9 166.3 75.7 66.5 177.0 85.3 67.4 437.1 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 ' 178.0 81.6 '70.9 474.4 ' 478.6 ••83.3 80.4 244.8 ' 245.8 44.2 44.3 472.4 69.5 161.5 34.8 484.6 70.4 166.2 36.3 498.2 73.1 170.4 37.6 513.9 78.8 173.7 38.7 528.8 80.7 177.6 39.5 541.1 ' 560.3 79.2 '86.0 186.7 181.9 40.5 ' 4 2 . 3 231.3 244.4 254.3 243.4 271.8 294.9 ' 302. 3 273.2 182.4 61.0 121.4 ' 279.2 ' 186. 7 '62.4 ' 124. 3 421.9 73.0 215.4 39.8 153.3 68.8 62.0 430.4 74.2 219.3 40.6 156.7 71.0 63.0 443.4 65.3 152.4 32.2 457.9 66.3 157.2 33.2 205.4 204.7 178.6 84.5 69.3 do... __do... do... do... 205.7 150.6 54.5 96.2 200.6 149.1 52.9 96.3 230.0 161.9 55.8 106.1 208.4 153.5 54.7 203.6 153.2 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 Residential Change in business inventories Nonfarm do... do... .do... 55.1 8.9 10.8 51.5 -11.5 -15.1 68.0 13.3 14.9 54.9 2.3 2.4 50.5 6.8 10.7 47.? -22.0 -25.9 48.6 -25.1 -26.5 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 ' 92. f> ' 23.1 '22.6 Net exports of goods and services Exports Imports do... do... do... 6.0 137.9 131.9 20.4 147.3 126.9 162.9 155.1 2.4 140.6 138.2 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 'r - 7 . 6 180.4 '188.1 Govt. purchases of goods and services, total. d o . . . Federal do... National defense do... State and local do... 302.7 111.1 77.0 191.5 338.9 123.3 83.9 215.6 308.0 113.0 77.9 195.0 317.5 116.9 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 88.4 235.8 374.9 390.6 ' 403.3 143.6 ' 149. 3 93.4 ' 9 6 . 0 247.0 ' 254.0 1,506.6 1,604.4 725.2 706.6 283.1 272.5 442.1 434.2 728.3 708.4 150.8 145.0 1,636.7 730.0 287.6 442.4 751.6 155.0 4.9 -2.1 7.0 -3.6 -10.3 6.7 14.5 -2.0 16.6 1,169.8 1,188.2 1,220.7 1,229.8 1,256.0 1,271.5 1,283.7 792.8 807.2 815.5 822.7 127.1 321.5 374.0 By major type of products Final sales, total Goods, t o t a l . Durable goods Nondurable goods Services Structures do... do... do... ..do... do... do... 1,404.0 629.7 240.8 389.0 626.8 147.4 _do.. do.. do.. 8.9 7.1 1.8 bil.$ 1,217.8 Personal consumption expenditures, t o t a l . . d o . . 760.7 Change in business inventories... Durable goods _ Nondurable goods 361.4 130.1 231.2 1,540.3 1,693.1 1,427.8 1,445.5 750.9 644.0 643.7 697.7 299.3 248.2 241.3 267.5 451.6 395.8 402.3 430.2 782.0 635.8 656.7 699.2 160.2 147.9 145.1 143.5 -11.5 -9.2 -2.2 13.3 4.1 9.3 2.3 6.3 -4.0 12.2 -5.4 1,475.0 1,521.7 692.9 665.8 263.8 250.6 429.1 415.2 689.5 670.5 139.3 138.8 -22.0 -12.8 -9.2 -25.1 — 11.7 -13.4 1,673.7 1,705.8 743.4 754.5 294.9 302.7 448.5 451.8 770.8 791.8 159.4 159.6 18.3 7.0 11.2 21.5 10.7 10.9 136.3 89.7 238.5 1,756.3 1,797.0 1,848.2 •1,891.7 792.1 775.6 805.4 ' 817.1 326.6 312.0 329.5 ' 332.4 465.6 463.6 475.9 ' 484. 7 833.7 813.8 855.3 ' 883. 7 171.2 166.9 187.5 '191.0 .6 13.8 7.8 6.0 21.7 11.5 10.2 '23.1 '9.8 '13.4 G N P in constant (1972) dollarsf Gross national product, totalf Durable goods Nondurable goods Services ...do._ do.. do.. Gross private domestic investment, t o t a l . . . d o . . Fixed investment do.. Nonresidential do._ Residential do_. Change in business inventories do.. Net exports of goods and services do.. Govt. purchases of goods and services, total d o . . Federal do.. State and local do.. 1,202.1 1,274.7 1,216.9 1,199.7 1,330.7 1,346.1 839.8 850.4 854.1 ' 858. 7 130.7 329.7 379.7 136.9 329.7 383.8 137.9 ' 136.5 330.0 ' 329.1 386.3 ' 391.9 775.1 821.3 112.5 303.9 344.3 112.7 307.6 354.8 127.5 321.6 372.2 115.6 305.3 345.6 104.3 301.2 347.4 106.2 301.8 349.0 109.0 308.4 353.0 115.4 303.6 356.2 120.2 311.5 361.2 125.4 316.1 365.6 126.7 319.3 183.6 141.6 173.0 176.6 170.6 133.0 130.9 153.1 149.2 168.1 175.2 179.4 169.2 186.7 197.2 ' 199.9 163.1 115.9 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 ' 185. 5 126.4 ' 127.1 57.6 ' 57.5 13.2 ' 1 5 . 4 175.6 130.6 45.0 8.0 151.5 112.7 38.8 -9.9 164.5 116.8 47.7 8.5 766.6 174.6 130.6 44.0 2.0 752.9 163.8 124.1 39.7 756.9 152.9 116.6 36.3 -20.0 770.4 148.9 112.0 36.9 -18.0 780.2 150.2 111.0 29.3 2.9 153.8 111.3 42.6 -4.6 158.4 113.7 44.8 9.7 15.9 22.5 16.0 15.3 17.9 20.5 24.5 22.7 22.3 16.8 16.4 17.0 13.8 10.6 257.7 95.8 161.8 263.0 96.7 166.3 264.4 96.5 167.9 258.5 96.4 162.1 258.3 95.7 162.6 259.4 96.0 163.4 262.3 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 97.1 167.5 263.3 97.0 166.4 'Revised. v Preliminary. fRevised series. Estimates of national income and product and personal income have been revised back to 1973 (see p. 16 ff. of the July 1977 SURVEY); 2 4 9 - 2 1 1 O -11 - S - l 1,287.4 1,311.0 9.4 11.9 270.0 ' 275.6 101.1 '104.2 171.4 168.9 revisions prior to May 1976 for personal income appear on p. 28 of the July 1977 SURVEY. 9 Includes data for items not shown separately. S-l November 1971! SURVEY OF (CURRENT 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 1974 | 1975 | 1976 Annual total 1974 IV 1976 1975 I II III IV I II 1977 IV III I II III IV 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: F ixed investment do. Nonresidential dol Residential do. Govt. purchases of goods and services do. Federal _ do. State and local do. 116.02 116.9 108.4 123.8 113.6 127.18 126.5 117.9 133.1 123.5 133.88 133.2 124.7 137.7 132.3 121.06 121.7 113.9 129.0 117.7 124.21 123.7 115.6 130.6 120.3 125.96 125.4 117.2 131.8 122.3 128.28 127.5 118.4 134.5 124.5 130.17 129.2 120.1 135.5 126.8 117.1 115.3 122.3 132.4 132.3 132.8 139.8 138.7 142.5 124.3 123.4 127.0 128.9 128.5 130.3 131.8 131.8 131.7 133.5 133.6 133.2 135.5 135.5 135.4 117.5 115.9 118.4 128.9 127.5 129.7 136.7 134.8 137.7 122.9 122.1 123.4 125.7 124.5 126.3 127.8 126.3 128.6 129.7 127.7 130.9 132.3 131.5 132.7 140.52 r 142.25 141.7 139.8 130.3 129.5 144.9 143.8 143.0 140.1 131.47 133.06 132.3 130.8 123.8 122.2 136. 2 136.9 131.1 129.2 134.56 134.0 125.3 138.3 133.2 136.35 135.6 127.2 139.3 135.4 138.13 137.9 129.3 141.5 137.8 136.9 136.8 137.1 138.6 137.8 140.7 140.6 139.2 144.1 142.9 140.9 147.5 145.8 142.5 153.7 148.5 144.4 157.6 151.3 146.9 160.9 134.0 132.4 134.9 135.7 133.7 136.8 137.2 134.7 138.6 139.8 138.2 140.7 142.3 140.6 143.4 144.6 142.0 146.2 146.4 143.4 148. 2 Quarterl y Data Seasonally Adjusted at Annual Rates Nationa 1 income, totalf bil. $_. 1,136. 0 1,217.0 1,364.1 1,159.9 1,156.0 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 Compe nsation of employees, total do 875.8 930.3 1,036. 3 902.2 965.6 999.6 1,024. 9 1,046.5 1,074.2 1,109.9 1,144.7 936.7 904.6 914.4 980.9 Wag es and salaries, total do 764.1 923.2 951.3 882.4 900.2 805.7 785.4 834.9 891.8 861.5 792.4 810.5 785.1 197.2 Gov t. and govt. enterprises do. 160.0 192.5 194.8 185.4 188.2 175.4 166.2 181.2 187.2 182.7 173.7 176.9 169.8 783.6 Other do. 604.1 730.7 756.4 697.0 712.0 630.3 619.1 653.8 704.7 678.8 618.6 633.5 615.2 163.8 Supple ments to wages and salaries do. 111.7 150.9 158.6 142.5 146.3 124.6 116.8 130.7 144.5 138.1 122.1 126.3 119.6 Proprietor s' income with inventory valuation I and capital consumption adjustments, ! total bil. $. 86.2 97.0 95.1 86.0 90.4 88.0 83.3 84.3 90.4 86.9 90.4 78.9 86.2 j 88.7 Farm do 25.4 19.7 20.7 23.2 25.5 22.0 22.7 20.0 21.6 18.6 26.2 18.3 16.2 16.6 Nonfarm ."do" I 60.9 77.3 74.3 64.9 62.8 61.3 61.6 66.9 68.8 69.4 64.2 60.6 70.0 • 72.0 Rental inco me of persons with capital consumption adjus tment bil. $. 21.4 22.3 22.1 21.9 24.5 22.3 23.3 23.3 22.6 22.9 24.9 22.2 23.0 24.1 Corp. profits with inventory valuation and capital consumption adjustments, total bil. $_. 83.6 123.1 125.4 74.0 128.1 99.3 77.6 92.7 115.6 126.5 129.2 133.5 140.2 114.7 Corp. profits with invent, val. adj.: Domestic, total do. 76.9 105.4 130.2 73.3 131.0 98.4 123.2 136.1 134.6 77.2 139.8 145.5 122.6 132.4 Financial do. 14.4 15.0 18.4 14.3 19.2 14.3 16.1 18.1 18.2 15.1 17.8 18.4 19.9 14.7 Nonfinancial, total $ do. 62.5 90.3 58.9 84.1 118.0 62.1 114.6 121.3 111.8 107.1 116.4 111.8 107.9 125.5 Manufacturing, total 9 _ do 36.6 47.9 32.0 43.4 65.3 68.7 29.4 68.4 65.2 59.6 66.3 62.9 76.4 59.1 Durable goods do 11.5 18.5 27.2 9.4 15.4 32.5 9.0 25.9 31.0 31.5 29.9 29.0 39.4 23.8 Transportation, communication, and electric, ges, and sanitary serv...bil. $.. 5.6 9.3 10.4 12.1 12.1 12.2 6.0 11.6 8.5 11.5 5.3 11.1 11.1 11.5 Best of the world do. 6.1 10.1 6.2 8.4 8.1 6.3 6.0 11.0 10.7 7.7 7.6 6.0 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. 126.9 52.4 74.5 31.0 43.6 123.5 50.2 73.4 32.4 41.0 156.9 64.7 92.1 35.8 56.4 123.9 50.4 73.5 31.3 42.2 101.5 40.8 60.8 32.0 28.8 113.9 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 -40.4 -2.9 69.0 -12.0 -12.2 79.1 -14.1 -14.7 88.4 -39.6 -6.7 74.9 -18.3 -9.2 76.4 -9.3 -11.9 77.6 -8.8 -13.3 79.9 -11.8 -14.5 82.3 -12.4 -14.6 85.0 -15.5 -14.6 -11.7 -14.7 90.1 -16.9 -14.8 92.0 -20.6 -15.6 95.3 DISPOSITION OF PERSONAL INCOME f Personal income, total bil. $_ 1,154.9 1,253. 4 1,382.7 1,194.7 1,205.1 1,234.7 1,269.7 Less: Personal tax and nontax payments do 170.3 169.0 178.5 173.9 196.9 142.5 179.6 Equals: Disposable personal income ...do... 984.6 1,084.4 1,185.8 1,016.2 1,025.4 1,092.2 1,095. 7 Less: Personal outlays^ do 913.0 1,004.2 1,119.9 940.3 960.1 989.1 1,019.1 Equals: Personal saving§ do 71.7 80.2 65.9 75.9 76.7 103.1 65.4 NEW PLANT AND EQUIPMENT EXPENDITURES Unadjusted Quarterly or annual totals: All industries _ bil. $.. 112.40 112. 78 120.49 31.92 25.82 28.43 27.79 Manufacturing do 11.67 46.01 13.63 47.95 52.48 10.84 12.15 5.16 6.64 21.84 23.68 5.59 5.10 Durable goods industries 1 do" .. 22.62 6.51 23.39 6.99 6.55 28.81 26.11 5.74 Nondurable goods industries f do 16.12 64.82 Nonmanufacturing do 66.39 18.29 68.01 14.98 16.28 .94 3.18 3.79 .91 4.00 .91 .97 Mining do_._. .62 2.54 .78 2.52 2.55 .59 .71 Railroad. do .50 2.00 .48 .44 .47 1.30 1.84 Air transportation IllllHIIIIIIIIIdoIII. .85 .62 2.12 .71 3.63 .77 3.18 Other transportation do 20.55 5.07 Public utilities do 5.67 4.42 4.94 20.14 22.28 17.63 4.16 4.80 17.00 4.15 3.84 18.80 Electric do 2.92 .91 3.14 .87 .79 3.47 ..58 Gas and other Il-.IIIIIIIIIIIIdoIIII 13.96 3.14 12.74 3.78 3.22 13.30 3.11 Communication do" 22.05 20.60 5.00 5.97 5.19 20.99 4.88 Commercial and other do Seas. adj. qtrly. totals at annual rates: All mdustries do 116.22 114.57 112.46 112.16 Manufacturing do" 48.08 49.05 48.78 47.39 Durable goods industries f do 23.28 22.86 22.59 21.01 24.80 26.20 26.19 Nondurable goods industries f do. 26.38 Nonmanufacturing do 68.14 64.76 65.52 63.68 3.56 3.82 3.76 3.78 Mining do" 3.05 2.75 2.39 2.70 Railroad.. do. 2.09 1.81 2.12 1.60 Air tran sportation... do 2.82 2.71 2.75 2.99 Other transportation I.IIdoI Public utilities... do 19.52 20.93 19.79 20.28 Electric do 16.41 16.58 17.76 17.03 Gas and other '."IV. do" Communication 1 / I " do Commercial and other " I I I " I III do 3.17 14.04 22.04 3.25 13.36 20.82 f w ? ZSSS A Of> ^ F^^ary. ' Estimates (corrected for systematic biases) for Julyn™ l-l , t- Dec - 1977 based on expected capital expenditures of business. Expected expenditures for thee year 2 includes comcorres 1977 or appear on p. 22 of the Sent. 1977 SURVEY. «S2i2 1 " J?f P >ding note on p. S-l. 9 Includes data for items not shown separately. © Personal outlays comprise personal consumption expenditures, interest paid 3.11 12.50 20.83 3.21 12.95 20.34 86.5 1,538.8 '1,166.9 998.4 200.6 797.8 168.5 95.5 15.5 80.0 25.5 147.8 154. 3 v 20.9 133.4 11.4 171.6 174.0 67.9 69.7 104.3 p 103.7 42.3 40.3 64.1 P 61.4 -17.8 -15.9 98.9 ' -5.9 -17.9 r 103. 1 1,304.0 1,338.1 1,366.7 1,393.9 1,432.2 1,476.8 1,517.2 "•1,549.3 227.6 224.4 192. 6 200. 6 209.5 179.9 184.8 224.8 1,124.1 :, 153.3 1,174.1 1,193.3 1, 222.6 1,252.4 1,292.5 'I,321.7 1,048.6 ., 080.9 1,103.8 1,128.5 1,166. 3 1,201.0 1,223.9 '1,248.2 73.5 56.3 51.4 70.3 64.8 72.4 75.5 68.5 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 8.06 134.37 15.20 6.86 8.34 39.19 18.04 8.47 9.57 17.44 .97 .62 .43 .93 14.91 .92 .49 .26 .72 17.04 .99 .68 .42 1.02 16.93 1.04 .64 .26 .95 19.14 1.05 .70 .35 .94 16.68 1.02 .59 .33 .61 18.88 1.16 .67 .43 .76 19.17 1.12 .68 .43 .57 21.15 1.16 .87 .53 .47 5.70 4.85 .85 3.26 5.52 4.79 4.18 .62 2.92 4.82 5.50 4.74 .76 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 6.73 5.49 1.24 7.63 6.25 1.38 2 9.65 10.48 111.80 46.82 21.07 25.75 114. 72 49.21 21.63 27.58 118.12 50.64 22.54 28.09 122.55 t 125.22 54.78 ! 54.44 24.59 25.50 30. 20 28.93 130.16 56.43 26.30 30.13 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 75.84 4.49 2.57 1.43 2.96 77.06 4.52 2.74 1.84 2.18 77.70 4.54 3.19 2.05 1.72 20.91 17.92 3.00 12.22 20.44 21.91 18.56 3.30 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 I 3.96 I 14.30 | 21.36 25. 35 21.19 4.16 14.19 22.67 25.29 21.14 4.16 15.32 22.73 26.70 22.24 4.47 27.50 22.72 4.78 134.24 U38.43 142.02 64.32 59.46 61.37 29.74 27.96 27.26 34.58 33.40 32.19 2 39.08 2 38.70 by consumers to business, and personal transfer payments to foreigners (net). §Personal saving is excess of disposable income over personal outlays. •jData for individual durable and nondurable goods industries components appear in toe Mar., June, Sept., and Dec. issues of the SURVEY.