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SURVEY OF CURRENT BUSINESS December 1975 NATIONAL INCOME AND PRODUCT TABLES 1975 1974 1973 II 1974 rv III I 1974 III II 1973 II 1974 IV III Seasonally adjusted at annual rates 1975 I II III 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) Gross national product -- 1, 294. 9 1, 397. 4 1, 383. 8 1,416.3 1, 430. 9 1,416.6 1,440.9 1, 504. 4 - Personal consumption expenditures Durable goods Nondurable goods Services Gross private domestic investment Fixed investment Nonresidential Structures Producers' durable equipment Residential structures -. Nonfarm Farm Nonfarm Farm - .... . - . - .- - -- Government purchases of goods and services Federal National defense Other State and local 821.2 827.1 823.1 804.0 780 0 783 6 808.6 876.7 869.1 901.3 895.8 913.2 938.6 968.8 552.1 539.5 542.7 547.2 528 2 531 5 539 7 548 6 130.3 338.0 336.9 127.5 380.2 369.0 129.5 375.8 363.8 136.1 389.0 376.2 120.7 391.7 383.5 124.9 398.8 389.5 130.6 410.1 397.9 138.6 422.7 407.5 113.6 228.6 209.9 103.1 223.7 212.6 106.8 223.6 212.2 107.8 225.8 213.7 92.8 221.4 214.1 95.2 222 5 213 7 97.9 226 4 215 5 103 2 228 1 217 3 209.4 209 4 211 8 205.8 209.4 163.1 148.1 179.1 138.1 126 7 130 3 122 7 120 5 89 3 80 7 97 5 194.0 195.2 198.3 197.1 191.6 182.2 179.1 184.6 127.3 118.0 122.2 117.7 109.6 101 0 97.8 99 g 136.8 47.0 89.8 57.2 56.7 149.2 52.0 97.1 46.0 45.2 149.4 52.2 97.2 48.8 48.0 150.9 51.0 99.9 46.2 45.4 146.9 52.8 94.2 35.3 34.8 .7 .5 142.7 49.1 93.6 36.4 35.6 143.6 49.6 94.0 41.0 40.0 94.4 25.4 69.0 32.9 32.6 94.0 26.2 67.8 24.0 23.6 1.0 .3 .4 96.5 26.6 69.9 25.7 25.3 94.1 25.4 68.7 23.6 23.1 89.2 26.1 63.1 20.4 20.1 .8 .8 151.2 53.7 97.5 40.4 39.7 83 8 25.2 58 6 17 3 17.0 80 3 23.5 56 8 17 5 17.1 80 23 56 19 19 15 4 11.4 14.2 11.9 8.7 6.6 2.1 17.8 17.5 -31.0 -30.6 —5 5 -7.2 10 8 8 2 50 6.4 1.8 3.9 1.1 10 9 10.7 11 7 .3 —19.2 -17.8 -1.4 —17 1 —16.8 — 2 .5 Net exports of goods and services Exports Imports 839.2 805.2 . .7 .8 .4 .4 2 .4 4 4 6 8 4 0 5 2 3 —3 2 1.8 8.9 1.8 8.7 7.4 1.2 16.2 13.0 4.6 9.0 8.2 7.3 9.1 11 6 14 0 12 4 142.2 133.4 136.0 119.8 142.7 129.8 66.6 62.0 71.9 62.9 73.4 65.1 70.9 63.6 69.9 60.9 66 5 54 9 63 3 49 4 66 4 54 o 323.8 331.6 338.1 343.5 144.4 146.0 145.8 145.9 146 3 147 7 149 2 150 1 124.5 84.0 40.6 199.3 126.5 84.7 41.8 205.1 128.4 84.8 43.6 209.7 130.5 86.1 44.4 213.0 57.3 56.5 56.3 56.5 57.0 57.4 58.3 58 9 87.0 89.5 89.5 89.4 89.3 90 2 90 9 91 2 4.0 2.3 13 5 10.4 31 3.9 2.1 —1 5 -3.1 1.9 8.8 100.4 96.4 140.2 138.1 138.5 140.0 143.6 146.7 147.5 145.7 276.4 309.2 304 4 312.3 106.6 74.4 32.2 169.8 116.9 78.7 38.2 192.3 114.3 76.6 37.7 190 1 117.2 78.4 38.8 195.1 -.4 .2 — IO!Q — 8 9 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 - - 1,294.9 1, 397. 4 1,383.8 1, 416. 3 1, 430. 9 1,416.6 1,440.9 1, 504. 4 839.2 821.2 827.1 823.1 804 0 780 0 783.6 808 ( 1,279.6 1, 383 2 1 370.3 1, 407. 6 1, 413. 1 1 435.8 1,471.9 1, 509. 8 15.4 14.2 8.7 17.8 -19.2 -31.0 -5.5 13.5 828.4 10.8 812.5 818 9 818.1 791 8 —11 7 800 7 —17 1 810 £ —2 I 5.0 793 1 10.9 622.7 670.3 664.9 681.7 682.6 667 0 680.5 724.5 459.1 442.8 448.9 446.0 427.1 408 3 411.1 431 1 Final sales Change in business inventories 607.3 15.4 656.1 14.2 651.3 13.5 673. 0 8.7 664.8 17.8 686.1 -19.2 711.5 -31.0 730.0 -5.5 448.3 10.8 434.1 8.7 440.8 8.2 441.0 5.0 416.3 10.9 420.1 —11 7 428.2 — 17.1 433.' —2 I Durable goods Final sales Change in business inventories ._ 250.3 240.9 9.4 256.9 249.2 7.7 246.6 248 5 —1.8 265.5 259.8 5.7 264.5 246.2 18.3 239.5 252.9 -13.4 247.0 261.7 -14.7 259. 5 268.7 -9.2 206.0 198.5 7.5 195.9 191.0 4.9 195.4 196.6 -1.2 200.2 196. 6 3.6 188.0 176.7 11.3 167 5 176 1 —8 6 169.7 177 8 —8.1 177 { 182 I —4 < 372.4 366.5 6.0 413.4 406.9 418.2 402.9 15.4 416.2 413.2 6.5 418.1 418.6 -.5 427.5 433.2 —5.7 433.5 449.8 —16.3 465.0 461.3 253.1 249.9 246.9 243.1 3.8 253.6 244.2 9.4 245. 8 244.4 3.3 1.4 239.2 239.6 —.4 240 8 244.0 —3 2 241 4 250.3 —9 0 253 * 251. 534.4 590.3 579.2 597.8 614.5 620.9 635.3 649.5 304.5 310.9 308.3 310.7 313.7 312 2 315.0 317 * 137.8 136.8 139.7 136.7 133.9 128.8 125.2 130.3 75.5 67.5 69.8 66.4 63.2 59 5 57.5 59 ( 808.6 . Goods output . Nondurable goods Final sales Change in business inventories Services -. Stru ctures -- _ 3.0 3.7 8.7 8.2 2 Table 3.—Gross National Product by Sector in Current and Constant Dollars (1.7, 1.8) Gross national product Gross domestic product Business Nonfarm Farm _ Households and institutions Q eneral government Federal State and local Rest of the world Addendum: Gross private product. 1,294.9 1,397.4 1,383.8 1,416.31,430.9 1,416.6 1,440.9 1,504.4 839.2 821.2 827.1 823.1 804.0 780.0 783.6 1,286.5 1,385.6 1,374.1 1,405.2 1,418.9 1,409.4 1,432.6 1,494.7 833.9 816.9 824.1 819.8 800. 0 777.7 780.8 1,096.8 1,177.8 1,168.8 1,195.7 1,203.6 1,189.2 1,207.8 1,266.0 1,040.3 1,124.1 1,117.8 1,144.4 1,151.5 1,142.9 1,159.9 1, 210.1 56.5 51.3 53.8 51.1 52.1 46.3 47.9 55.9 753.1 725.8 27.4 733.8 706.3 27.5 741.4 712.7 28.7 736.6 708.0 28.6 716.5 690.8 25.7 693.5 666.0 27.5 41.3 47.0 805.2 720.0 691.2 28.8 46.5 48.0 48.8 50.0 51.1 52.3 18.5 18.9 18.8 18.9 18.8 18.9 19.1 19.1 166.5 57.9 108.7 170.2 58.1 112.2 173.7 58.2 115.6 176.4 58.5 117.9 62.3 21.3 41.0 64.1 21.1 43.0 63.9 21.1 42.8 64.2 21.0 43.2 64.8 21.0 43.7 65.2 21.0 44.3 65.7 20.9 44.8 66.0 20.9 45.2 12.0 7.2 8.3 9.7 5.2 4.3 3.0 3.3 4.0 2.3 2.8 3.4 758.6 739.2 714.8 718.0 742.6 148.5 52.8 95.7 160.8 55.7 105.1 158.8 55.0 103. 9 161.6 55.3 106.3 8.4 11.9 9.7 11.1 1,146.5 1,236.6 1,225.0 1,254.7 1,264.4 1,246.4 1,267.2 1,328.0 776.9 757.1 763.2 CURRENT BUSINESS STATISTICS JLHE STATISTICS here update series published in the 1973 edition of BUSINESS STATISTICS, biennial statistical supplement to the SURVEY OF CURRENT BUSINESS. That volume (available from the Superintendent of Documents for $6.80) provides a description of each series, references to sources of earlier figures, and historical data as follows: For all series, monthly or quarterly, 1969 through 1972 (1962-72 for major quarterly series), annually, 1947-72; for selected series, monthly or quarterly, 1947-72 (where available). Series added or significantly revised after the 1973 BUSINESS STATISTICS went to press are indicated by an asterisk (*) and a dagger (f), respectively; certain revisions for 1972 issued too late for inclusion in the 1973 volume appear in the monthly SURVEY beginning with the August 1973 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 1973 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. 1972 Unless otherwise stated in footnotes below, data through 1972 and descriptive notes areas shown in the 1973 edition of BUSINESS STATISTICS 1973 | 1974 1972 Annual total I III II 1975 1974 1973 in | rv | IV I II III | IV I II III Seasonally adjusted quarterly totals at annual rates GENERAL BUSINESS INDICATORS—Quarterly Series NATIONAL INCOME AND PRODUCTf 1,358.8 1 3838 1 416. 3 1,430.9 1,416.6 1,440.9 ••1,504.4 1,158.0 1,294.9 Personal consumption expenditures, total.. do 729.0 805.2 876.7 736.8 757. 2 781.7 799.0 816.3 823.9 840.6 869.1 901.3 895.8 913.2 938.6 968.8 Durable goods, total 9 do Automobiles and parts do Furniture and household equipment... do 118.4 53.1 48.7 130.3 57.5 55.0 127.5 49.7 58.8 121.2 55.3 49.3 124.3 56.4 50.7 132.4 60.4 54.3 132.1 59.2 54.9 132.4 59.3 55.5 124.3 51.2 55.4 123.9 48.0 57.5 129.5 50.6 59.5 136.1 56.2 60.4 120.7 43.7 57.8 124.9 46.8 57.9 130.6 49.4 60.7 138.6 55.2 61.9 Nondurable goods, total 9 Clothing and shoes . Food and beverages Gasoline and oil do do do -do 299.7 63.0 143.7 25.0 338.0 70.2 165.1 28.3 380.2 74.1 187.7 35 9 302.0 63.7 144.7 25.1 310.9 66.0 148.5 25.8 323.3 69.1 155.9 26.8 332.7 70.1 160.9 28.0 343.8 70.6 169.1 28.7 352.1 70.9 174.5 29.8 364.4 72.8 180.1 31.5 375.8 74 4 183.5 36 8 389.0 75.7 191.3 37.9 391.7 73.7 196.0 37 5 398.8 76.2 201.4 37.8 410.1 78.7 204.8 39 6 422.7 81.2 209.2 41.8 do .do do do 310.9 43.3 107.9 21.8 336.9 47.3 116.4 23.4 369 0 52.9 126.4 26 1 313.6 43.9 108.9 21.9 322.0 45.5 110.7 22.3 325.9 45.6 113.1 22.8 334.2 46.6 115.6 23.1 340.1 48.3 117.0 23.6 347.4 48.7 119.7 24.1 352.4 49.2 122.2 25.0 363 8 51 7 124.9 25 6 376.2 54.6 127.7 26.5 383 5 56 0 130.9 27 i 389.5 57.0 134.1 28.1 397 9 59.5 136.6 28 8 407.5 62.1 139.3 29.7 Gross national product, total t Services total 9 Household operation .. Housing . Transportation bll.$ . .. 1 397.4 1,169.3 1,204.7 1 248.9 1,277.9 1,308.9 1,344.0 179.3 209.4 209.4 182.1 190.2 199.0 205.1 209.0 224.5 210.5 211.8 205.8 209.4 163.1 148.1 179.1 .do do . do do do do do do.... 170.8 116.8 41.1 75.7 54.0 53.4 8.5 7.8 194.0 136.8 47.0 89.8 57.2 56.7 15.4 11.4 195.2 149.2 52.0 97.1 46.0 45.2 14.2 11.9 171.9 117.5 40.6 76.8 54.5 53.9 10.2 9.6 179.2 122.5 42.2 80.3 56.7 56.2 11.0 10.4 189.0 130.5 44.6 85.9 58.5 58.0 10.0 6.5 194.4 135.6 46.2 89.4 58.7 58.4 10.7 7.7 197.1 139.0 47.9 91.1 58.1 57.6 11.8 7.4 195.5 141.9 49.3 92.6 53.6 53.0 28.9 24.0 193.6 145. 2 51.3 93.9 48.4 47.8 16.9 13.1 198.3 149.4 52.2 97.2 48.8 48.0 13.5 10.4 197 1 150 9 51 0 99.9 46.2 45.4 8.7 66 191 6 151.2 53.7 97.5 40.4 39.7 17.8 17.5 182.2 146.9 52.8 94.2 35.3 34.8 -19.2 -17.8 179.1 142.7 49.1 93.6 36.4 35.6 -31.0 -30.6 184. 6 143.6 49.6 94.0 41.0 40.0 -5.5 -7.2 do do ... _. do . -6.0 72.4 78.4 3.9 100.4 96.4 2.1 140.2 138.1 -4.8 73.3 78.1 -5.3 78.5 83.8 -.8 88.8 89.5 .5 95.4 94.9 6.7 103.7 96.9 9.3 113.6 104.3 11.3 131.2 119.9 -1.5 133.5 140.0 -3.1 143 6 146 7 1.9 147.5 145.7 8.8 142.2 133.4 16.2 '13.0 136.0 ' 142. 7 119.8 129.8 Govt. purchases of goods and services, total, do Federal . . do. National defense „ . do State and local ..^*. . ... *»****. .*..*do ... 255.7 104.9 74.8 150.8 276.4 106.6 74 4 169.8 309.2 116.9 78.7 192.3 255.1 102.7 72.6 152.4 262.6 105.2 74 7 157.4 269.0 106.4 75 0 162.6 273.3 106.2 74 0 167.1 276.9 105.3 73.3 171.6 286.4 108.4 75.3 177.9 296.3 111.5 75.8 184.8 304.4 114.3 76.6 190.1 312.3 117.2 78 4 195.1 323.8 124.5 84 0 199.3 331.6 126.5 84.7 205.1 338.1 128.4 84.8 209.7 Gross private domestic investment, total... do Fixed investment Nonresidential Structures Producers' durable equipment Residential structures Nonfarm Change in business inventories Nonfarm . .... _ . ..... Net exports of goods and services Exports Imports . .. ..... . By major type of product:! Final sales, total .. Goods, total Durable goods Nondurable goods Services . Structures .. ..^.. .do . do do . do ..* do ..do * Change in business inventories Durable goods . Nondurable goods do do do 1,149.5 1,279.6 535. 2 607.3 214.3 240.9 321.0 366.5 488.1 534.4 126.1 137.8 1,383.2 1,159.1 1,193.7 1,238.9 1,267.2 1,297.0 1,315.1 1,341.9 1,370.3 656.1 635.0 651.3 541.0 556.2 585.8 600.9 618.0 624.7 249.2 242.3 248.5 243.9 240.6 218.3 223.6 237.8 241 2 402.9 406.9 374.2 384.1 392.8 332.6 322.7 347.9 359.7 590.3 492.4 506.5 516.0 528.3 540.2 553.2 569.7 579.2 139.7 136.8 137.1 130.9 125.6 137.1 138.0 138.8 137.2 8.5 7.1 1.4 15.4 9.4 6.0 14.2 7.7 6.5 10.2 6.8 3.4 792 5 ooq o 821 2 7QQ 1 11.0 13.2 -2.2 10.0 6.1 3.9 343.5 130.5 86.1 213.0 1,407.6 1,413.1 1,435. 8 1,471.9 '1,509.8 730.0 686.1 711.5 673.0 664.8 252 9 259 8 261.7 268.7 246 2 433.2 461.3 413.2 449.8 418.6 635.3 •• 649. 5 597.8 614.5 620.9 125.2 130.3 136.7 128.8 133.9 10.7 7.7 3.0 11.8 9.0 2.9 28.9 14.8 14.1 16.9 8.7 8.2 13.5 -1.8 15.4 8.7 5.7 3.0 17.8 18.3 -.5 -19.2 -13.4 -5.7 A 04/1 a 845 7 830 5 827.1 823.1 804.0 780.0 783.6 •• 808. 6 539.7 542.7 547.2 528.2 531.5 539.7 548.6 107.8 225.8 213.7 92.8 221 A 214.1 95.2 222.5 213.7 97.9 226.4 215.5 103.2 228.1 217.3 -31.0 -14.7 -16.3 -5.5 -9.2 3.7 GNP in constant (1958) dollarsf Gross national product, totalf bil. $. . Personal consumption expenditures, total.. do Durable goods Nondurable goods.. Services... . . do do do Gross private domestic investment, total.. .do Fixed investment Nonresidential ... Residential structures Change in business inventories Net exports of goods and services do do .. do .do do 527.3 552.1 539.5 531.2 el A f) 542.2 090 Q 552.9 007 553.7 555.4 546.3 104.9 220 2 202 2 113.6 228 6 209 9 103.1 223 7 212 6 106.8 221 3 203 0 110.1 225 4 206 6 117.2 228 7 207 1 115.7 228 3 209 7 114.3 230 0 211 2 107.2 227 4 211 7 105.2 223 9 210 6 106.8 223.6 212.2 125.0 138.1 126.7 126.6 130.9 134.4 136.3 135.8 145.8 133.3 130.3 122.7 120.5 89.3 80.7 97.5 117.7 94.1 23.6 5.0 109.6 89.2 20.4 10.9 101.0 83.8 17.3 -11.7 97.8 80.3 17.5 -17.1 99.8 80.4 19.4 -2.3 7.3 9.1 11.6 14.0 '12.4 118.0 83 7 34.3 7.0 127 3 94.4 32.9 10.8 118 0 94 0 24.0 8.7 -3.0 4.6 9.0 118 1 83 8 34.3 8.5 122 0 87 2 34.8 8.8 -1.4 -1.9 Govt. purchases of goods and services, total, do 143.1 144.4 143.0 146.0 141.8 Federal do 61 0 57 3 59 5 59 2 56 5 State and local do 82.1 87.0 89.5 82.4 83! 8 r Revised. » Preliminary. f Re vised series. Estimates of national income and product and personal income have been revised back to 1971 (see p. 11 ff. of the July 1974 SURVEY); revisions prior to May 1973 for personal income appear on pp. 22-23 of the July 1974 SURVEY. 127 1 92 2 35.0 7.3 128 4 94 3 34.1 7.8 127 7 95 1 32.6 8.0 125 8 96 0 29.8 20.0 122 7 96 3 26.4 10.6 122.2 96.5 25.7 8.2 1.4 3.5 5.8 7.9 11.5 8.2 150.1 149.2 147.7 146.3 145.9 145.8 145.7 146.0 144.1 143.9 143.7 58.9 57.4 58.3 57.0 56.5 56 3 56.3 56 4 56 2 57 7 58 9 91.2 90.2 90.9 89.4 89.3 89.5 89.3 89.7 87.5 85.2 86.2 Revised data for national income and product and personal income customarily published in July issues of the SURVEY have been postponed until later; see box note on p. 1 of the Dec. 1975 SURVEY. 9 Includes data not shown separately. S-l 599-064 O - 75 - S-l SURVEY OF CURRENT BUSINESS S-2 Unless otherwise stated in footnotes below, data through 1972and descriptive notes areas shown in the 1973 edition of BUSINESS STATISTICS | 1973 972 1973 1974 | I Annual total December 1975 II 1974 III I IV II 1975 III 1 I IV 1976 III II IV I GENERAL BUSINESS INDICATORS—Quarterly Series—Continued NATIONAL INCOME AND PRODUCT— Con. Quarterly Data Seasonally Adjusted at Annual Rates Implicit price deflators :t Gross national product , Index, 1958=100 Personal consumption expenditures do Gross private domestic investment: Fixed investment do. _ Nonresidential do Residential structures do Govt. purchases of goods and services do_. Nstional income totalf Proprietors' income, total 9 Business and professional 9 Farm Rental income of persons 154.31 145.9 170. 18 162.5 149.95 141.4 152. 61 144.3 155. 67 147.0 158. 93 150.8 163. 61 155.8 167.31 160.2 172. 07 164.7 177.97 169.6 181.62 171.8 144.8 139.6 157.4 178.6 152.4 144.9 174.0 191.5 165.3 158.7 191.4 211.8 148.7 141.7 167.1 186.7 151.4 143.9 172.1 189.9 154.3 146.1 178.1 192.6 155.4 147.9 179.7 196. 5 157.8 150.7 183.8 202.9 162.3 154.9 190.0 208.8 167.5 160.4 195.9 214.1 174.9 169.6 197.9 221.4 180.4 175.4 204.3 224.6 1,077.3 1,106.3 1,118.8 1,130.2 1,155.5 1,165.4 1.150.7 183. 88 '186.05 173.9 176.6 183.2 177.7 208.2 226.5 185. 0 178.7 210.9 228.9 946.5 1,065.6 1,142. 5 1,027.6 1,051.2 do 707.1 786.0 855.8 759.1 776.7 793.3 814.8 828.8 848.3 868.2 877.7 875.6 885.4 906.6 do do .do do do 626.8 491.4 20.5 114.8 80.3 691.6 545.1 20.6 126.0 94.4 750.7 592.4 21.2 137.1 105.1 667.6 525.0 20.8 121.9 91.5 683.6 538.7 20.3 124.5 93.1 698. 2 550.8 20.2 127.2 95.1 717.0 565.8 21.0 130.2 97.7 727.6 573.8 21.0 132.8 101.2 744.6 588.3 20.9 135.4 103.7 761.5 602.5 20.8 138.2 106.7 769.2 605.1 22.0 142.1 108.6 765.1 597.4 22.0 145.7 110.5 773.0 601.9 21.9 149.2 112.4 791.4 617.5 21.9 152.0 115.2 75.9 54.9 21.0 25.9 96.1 57.6 38.5 26.1 93.0 61.2 31.8 26.5 89.1 57.0 32.1 26.3 92.8 57.1 35.6 25.7 99.3 57.7 41.5 26.2 103.2 58.4 44.9 26.4 98.4 59.3 39.1 26.4 89.9 60.7 29.1 26.3 92.1 62.3 29.8 26.6 91.6 62.5 29.1 26.8 84.9 62.7 22.2 27.0 86.1 63.4 22.7 27.1 94.6 64.7 29.9 27.4 92.2 105.1 105.6 103.9 105.0 105.2 106.4 107.7 105.6 105.8 103.4 94.3 104.9 ' 123. 0 17.6 74.5 40.8 19.0 21.8 19.6 85.5 47.6 21.5 26.1 20.8 84.9 47.0 30.0 17.0 18.7 85.2 48.6 20.9 27.6 19.4 85.6 48.4 21.5 26.9 19.8 85.4 47.1 21.4 25.7 20.4 86.0 46.4 22.1 24.3 20.8 87.0 46.2 26.9 19.3 20.7 84.9 46.8 29.7 17.1 20.7 85.1 48.6 33.3 15.3 20.9 82.5 46.3 30.1 16.2 20.7 73.6 41.1 27.3 13.8 20.8 84.1 48.3 30.4 18.0 20.1 ' 102. 9 58.9 32.6 26.3 9.2 24.6 9.2 28.7 7.8 30.1 9.4 27.2 8.8 28.4 9.5 28.8 9.2 30.3 7.1 33.7 8.0 30.1 8.6 28.0 7.5 28.7 6.8 25.7 8.1 27.8 11.4 32.6 do do do do do 99.2 41.5 57.7 27.3 30.3 122.7 49.8 72.9 29.6 43.3 140.7 55.7 85.0 32.7 52.4 120.4 48.9 71.5 28.7 42.8 124.9 50.9 74.0 29.1 44.9 122.7 49.9 72.9 29.8 43.1 122.7 49.5 73.2 30.7 42.5 135.4 52.2 83.2 31.6 51.6 139.0 55.9 83.1 32.5 50.5 157.0 62.7 94.3 33.2 61.1 131.5 52.0 79.5 33.3 46.2 101.2 39.0 62.3 33.8 28.5 113.3 43.0 70.3 34.0 36.3 ' 134. 6 '52.0 '82.6 34.5 '48.1 do do -7.0 45.6 -17.6 52.3 -35. 1 61.6 -16.5 49.2 -20.0 51.1 -17.5 53.2 -16.3 55.5 -27.7 57.5 -33 4 60.1 -51.2 62.8 -28.1 65.9 -7.0 68.9 -8.4 71.9 -11.7 75.9 bil. $.. do do do do 944.9 142.4 802.5 749.9 52.6 1,055.0 1,150.5 1,013.6 1,039.2 1,068.0 147.2 154.2 144.1 170.8 151.3 913.9 892.1 869.5 903.7 979.7 822.5 840.7 804.2 829.4 902.7 73.2 69.6 65.3 74.4 77.0 1,099.3 1,112.5 1,134.6 168.2 159.9 161.9 939.4 966.5 950.6 894.9 850.1 866.2 89.3 71.5 84.4 1,168.2 175.1 993.1 927.6 65.5 1,186.9 1,193.4 1,220.5 1,255.2 142.0 178.0 175.6 178.1 1,008.8 1,015.5 1,078.5 1,079.6 964.7 939.5 995.0 922.3 113.8 75.9 84.6 86.5 bil. $ do. . ao. . . do 88.44 31. 35 15. 64 15.72 99.74 38.01 19.25 18.76 112.40 46.01 22.62 23.39 21.50 7.80 3.92 3.88 24.73 9.16 4.65 4.51 25.04 9.62 4.84 4.78 28.48 ii.43 5.84 5.59 24.10 9.49 4.74 4.75 28.16 11.27 5.59 5.69 28.23 11.62 5.65 5.96 31.92 13.63 6.64 6.99 25.82 10.84 5.10 5.74 28.43 ' 27. 79 »31. 45 i 12.15 ' 11.67 ' 13. 66 5.59 '5.16 '6.20 6.55 '6.51 '7.46 26. 54 10.% 4.94 6.04 57.09 61.73 66.39 13.69 15. 57 15.42 17.05 14.61 16.89 16.61 18.29 14.98 16.28 ' 16. 12 ' 17. 79 15.56 .91 .59 .44 .62 .97 .71 .47 .77 '.94 ' .62 '.50 '.85 '1.00 '.61 .43 '.65 .96 .60 .29 .65 ' 5. 88 '4.88 ' 1.00 5. 15 4.46 .69 bil. $.. Compensation of employees, total Wages and salaries, total Private Military ,.. .. Government civilian Supplements to wages and salaries 146. 12 138.2 do do do.. do - - 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 Corporate profits tax liability Corporate profits after tax Dividends Undistributed profits Inventory valuation adjustment Net interest 1,175.4 '1,227.5 DISPOSITION OF PERSONAL INCOME f 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 saving§ NEW PLANT AND EQUIPMENT EXPENDITURES Unadjusted quarterly or annual totals: All industries .. Manufacturing Durable goods industries 1[ Nondurable goods industries ^ 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 t Nondurable goods industries ^ Nonmanufacturing Mining Railroad Air transportation do do ..do do do... 2.42 1.80 2.46 1.46 2.74 1.96 2.41 1.66 3.18 2.54 2.00 2.12 .63 .46 .52 .32 .71 .46 .72 .43 .69 .48 .57 .44 .71 .56 .60 .47 .68 .50 .47 .34 .78 .64 .61 .49 .80 .64 .43 .58 .91 .78 .48 .71 do. do do... - do do 17.00 14.48 2.52 11.89 20.07 18.71 15.94 2.76 12.85 21.40 20.55 17.63 2.92 13.96 22.05 3.95 3.45 .50 2.87 4.94 4.59 3.91 .68 3.27 5.40 4.82 4.04 .77 3.19 5.24 5.36 4.54 .82 3.53 5.83 4.38 3.85 .52 3.19 5.05 5.30 4.56 .75 3.60 5.46 5.20 4.42 .78 3.39 5.57 5.67 4.80 .87 3.78 5.97 4.42 3.84 .58 3.11 4.88 4.94 4.15 .79 3.22 5.19 '5.07 '4.16 ' .91 3.14 '5.00 do do do do 96.19 35.51 17.88 17.63 97 76 36.58 18.64 17.94 100.90 38.81 19.73 19.08 103.74 40.61 20.48 20.13 107. 27 42.96 21.43 21.53 111.40 45.32 22.50 22.82 113.99 47.04 23.08 23.96 116. 22 48.08 23.28 24.80 114.57 49.05 22.86 26.20 112.46 48.78 22.59 26. 19 ' 112.16 ' 47. 3 i '21.01 1 r 26. 3 - do 60.68 61.18 62.09 63.12 64.31 66.08 66.94 68.14 65.52 63.68 i r 64. 76 2.59 2.11 2.21 1.53 2.77 1 75 2. 72 1.62 2.82 1.95 2.49 1.79 2.76 2.05 2.20 1.73 2.80 2.10 2.13 1.63 3.07 2.42 2.21 1.84 3.27 2.68 1.84 2.16 3.56 3.05 1.81 2.71 3.76 2.39 2.09 2.82 3.78 '3.82 2.70 i '2.75 1.60 i '2.1:! 2.75 ' 2. 9'J do do do ... '3 9. 21 27.90 114.80 i 118.16 49.88 48. 16 22. 34 21.82 27.53 26. 34 : • 66. 64 68. 2S '3.93 -2.36 '1.67 '2.91 4.00 2.49 1.36 3.04 ' 19. 7 ' 21. 54 23. 62 19.52 20.28 20. 93 20.16 20.97 19,80 20.12 18.58 18.38 18.08 Public utilities do 19.77 16.41 '16.5, • 18.02 17.76 17.03 17.47 18.10 16.00 16.72 15.40 15.55 17.12 Electnc do 3.86 ^•3.52 i 3 11 '3.2. 3.17 3.25 2.68 2.87 " 52 3.08 2.58 3.00 2.98 Gas and other.. ..do. 1 ' } 0 ~ 12. 50 14,04 13.36 14.01 13.94 13.12 13.24 12. 70 13.83 2 12. 34 Commun ication do... ' 20. 34 '-34.24 33. 76 20.83 22.04 20.82 22.84 21.63 21. 55 i 21.36 21.35 21.69 21. 53 Commercial and other do :>n expenditures, interest ! nsumpti sonal co prise per ays com © Pers onal outl adjiu tment. ' Revised. P Preliminary. Estimates (corrected for systematic biases) for Oct.paid by eonsu mers, an d person il transfe r paymerits to fonsigners, D ec. 1975 and Jan. -Mar. 1976 based on expected capital expenditures of business. Expected ersonal s aving is excess of disposab le iueoin e over pe r so rial oiitlays. §P f expenditures for the year 1975 appear on p. 12 of the Dec. 1975 SURVEY. - Includes comL at a for i idividua 1 durable and nor durable goods imiustries (xjmpoiu.its appear in the Mar. June, 3 ept., and Dec. iss\les of the SURVEY munication. |See corresponding note on p. S--1. 9 Includes inventory valuation