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SURVEY OF CURRENT BUSINESS

June 1979

NATIONAL INCOME AND PRODUCT TABLES
1978

1977
1977

1978

I

IV

II

1979
III

IV

1977
1977

I'

1978

1978

IV

I

Seasonally adjusted at annual rates

1979

II

III

IV

I'

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)
Gross national product

1,887.2 2,107.6 1,958.1 1,992.0 2,087.5 2,136.1 2,214.8 2,267.3 1,332.7 1,385.7 1,354.5 1,354.2 1,382.6 1,391.4 1,414.7 1,417.6

- -

1,206.5 1,340.1 1,255.2 1,276.7 1,322.9 1,356.9 1,403.9 1,442.2

857.7

891.7

876.6

873.5

886.3

895.1

911.8

913.5

183.5
501.4
591.8

197.8
519.3
605.8

199.5
531.7
625.8

209.1
553.4
641.4

211.5
567.7
663.1

137.8
330.4
389.5

144.6
339.6
407.4

143.0
338.1
395.6

137.8
333.3
402.4

145. 8 144.8
336.3 340.4
404.2 410.0

150.1
348.5
413.1

148.7
345.3
419.5

313.5

322.7

345.4

350.1

364.0

370.4

196.3

210.6

200.3

205.7

213.1

210.4

213.4

215.3

300.5

306.0

325.3

336.5

350.5

355.1

187.4

200.1

192.8

193.4

200.4

201.4

205.2

204.7

222.6
77.8
144.8

200.3
67.4
132.8

205.6
68.5
137.1

220.1
76.6
143.5

227.5
80.9
146.6

237.1
85.1
152.0

244.0
85.8
158.3

129.8
40.0
89.8

140.2
44.5
95.8

132.5
41.0
91.5

133.8
41.0
92.9

140. 5
44.6
95.9

141.7
45.6
96.1

144.9
46.7
98.2

146.7
46.1
100.6

91.9
88 9

107.0
103.8

100.2
97.5

100.3
97.3

105.3
102.1

111.1
108.0

57.7
55.6

59.8
57.7

60.3
58.4

59.5
57.4

59.9
57.8

59.7
57.6

60.3
58.2

1.2

1.3

1.5

1.3

.9

.8

58.0
56 0

1.4

.8

1.6

1.7

1.8

1.2

1.3

1.2

1.3

1.4

1.3

.8

1.7

1.7

.8

.8

1.8

.7

1.5

109.0
105.7
1.5
1.7

113.4
110.2

1.5

15.6
15.0
.6

16.0
16.7
-.8

13.1
10.4
2.7

16.7
16.9
-.2

20.1
22.1
-2.0

13.6
14.6
-.9

13.5
13.4
.1

15.3
16.5
-1.2

8.9

10.6
11.0
-.5

7.5

-.5

12.3
12.5
-.1

12.7
13.9
-1.2

-.6

.1

-11.1

-12.0

-23.2

-24.1

-5.5

-10.7

-7.6

-3.7

9.5

8.4

3.1

2.9

11.3

9.2

10.2

12.5

175.5
186.6

204.8
216.8

172.1
195.2

181.7
205.8

205.4
210.9

210.1
220.8

221. 9
229.5

235.0
238.7

98.2
88.7

107.0
98.6

96.0
92.9

99.1
96.2

108.4
97.1

109.0
99.7

111.7
101.5

115.2
102.8

394.0

Personal consumption expenditures

433.9

412.5

416.7

424.7

439.8

454.5

458.4

269.2

275.0

274.5

272.1

271.9

276.7

279.4

276.4

145.1
94 3
50 8
248.9

153.8
99.5
54.3
280.2

152.2
97.1
55.1
260.3

151.5
97.9
53.6
265.2

147.2
98.6
48.6
277.6

154.0
99.6
54.5
285.8

162.5
102.1
60.4
292.0

164.5
103.9
60.6
293.9

102.5

102.0

176.9

174.4

197.5
526.5
616.2

187 2
496.9
571.1

297.8

345.6

282.3

329.6

Nonresidential
Structures
Producers' durable equipment

190.4
63.9
126.5

Residential
.
Nonfarm structures
Farm structures
Producers' durable equipment

Durable coods
Nondurable goods
Services

-

178 4
479 0
549.2

-

Gross private domestic investment

..

. .

Fixed investment

Change in business inventories
Nonfarm
. .. _
Farm

. . . _

Net exports of goods and services
Exports
Imports
Government purchases of goods and services
Federal
National defense
Nondefense
State and local

. . .

. .

1.4

9.4

6.5

.9

.7

1.3

1.3

9.0

8.2

9.6

8.1

10.6
11.2
-.6

101.6

100.3

103.6

101.2

97.1

100.4

167.6

174.7

170.9

170.8

174.8

176.3

Table 2.—Gross National Product by Major Type of Product in Current and Constant Dollars (1.3, 1.5)
1,887.2 2,107.6 1,958.1 1,992.0 2,087.5 2,136.1 2,214.8 2,267.3 1,332.7 1,385.7 1,354.5 1,354.2 1,382.6 1,391.4 1,414.7 1,417.6

Gross national product..

1,871.6 2,091.6 1,945.0 1,975.3 2,067.4 2,122. 5 2,201. 3 2,252.0 1,323.8 1, 375. 2 1,347.1 1,341.8 1,369.9 1,382.4 1,406.5 1,407.0
10.6
15.3
9.0
13.5
12.7
8.2
20.1
8.9
16.7
13.6
7.5
12.3
15.6
16.0
13.1
10.6

Final sales
Change in business inventories-

832.6

912.2

927.3

972.5

999.3

608.4

629.7

620.1

611.8

627.7

630.2

649.1

650.1

845.1
16.7

892.1
20.1

913.7
13.6

958.9
13.5

984.0
15.3

599.6
8.9

619.1
10.6

612.7
7.5

599.4
12.3

615.0
12.7

621.2
9.0

639.5
10.6

376.8
365.1
11.7

347.4
341.1
6.3

351.2
336.3
14.8

375.8
365.0
10.8

380.1
369.8
10.2

400.1
389.2
10.8

424.3
405.7
18.5

253.7
248.0
5.8

265.4
258.1
7.3

255.1
250.5
4.6

254.6
245.0
9.6

266.6
260.2
6.4

264.8
258.7
6.1

640.9
8.2
275. 5
268.4
7.1

541.7
537.4
4.3

512.2
505.4
6.8

510.6
508.7
1.9

536.4
527.1
9.3

547.2
543.9
3.4

572. 4
560.7
2.7

575.0
578.3
-3.2

354.7
351.6
3.1

364.3
361.1
3.3

365.0
362.1
2.9

357.2
354.5
2.7

361.2
354.8
6.3

365.4
362.5
2.9

373.6
372.5
1.1

366.4
366.9
-.5

862.8
191.8

Durable goods
Final sales.
Change in business inventories.
Nondurable goods
Final sales
Change in business inventories.
Services
Structures..

861.8

846.5
13.1

491.3
484.1
7.2

Change in business inventories-

859.6

902.4
16.0

341.3
332.9
8.4

Final sales

918.4

817.0
15.6

Goods..

962.5
226.7

893.6
204.9

926.4
203.8

952.0
223.4

973.7
235.0

997.7 1,028.9
244.7
239.1

602.9
121.3

627.0
129.0

609.6
124.8

620.1
122.3

625.6
129.3

629.7
131.6

632.6
133.0

640.1
127.4

283.8
272.7
11.1

Table 3.—Gross National Product by Sector in Current and Constant Dollars (1.7, 1.8)
1,887.2 2,107.6 1,958.1 1,992.0 2,087.5 2,136.1 2,214.8 2,267.3 1,332.7 1,385.7 1,354.5 1,354.2 1,382.6 1,,391.4 1,414.7 1,417.6

Gross national product..

1,869.9 2,088.2 1,942.2 1,973.8 2,066.5 2,117.3 2,195.1 2,244.6 1,325.3 1,377.9 1,347.9 1,346.6 1,373.9 1,,383.9 1,407.0 1,409.1

Gross domestic product
Business
Nonfarm
Nonfarm less housing
Housing
Farm
_
Statistical discrepancy
Residual 1
Households and institutions..
Government
Federal
State and local.
Rest of the world.
p

Revised.

_

1,599.3 1,790. 2 1,660.4 1,684.1 1,771.8 1,817.5 1,887. 4 1,930.3 1,135.9 1,183. 7 1,155.9 1,153.5 1,180.0 1, 189.3 1,212.1 1,213.8
1,544.0 1, 730. 5 1,601.6 1, 628.9 1, 714.9 1,758.5 1,819.9 1,862.2 1,094.2 1,146. 0 1,112.4 1,115.4 1,145.2 1,, 151. 8 1,171.5 1.177.1
998.1 1,026.5 1, 031. 7 1,050. 0 1.054.2
980.5 1,026. 6
996.4
1,397.8 1,566. 3 1,449.0 1,471.7 1,553.2 1, 592.0 1,648.1 1,686.4
166.5
171.7
122.9
117.4
118.6 120.1
121.5
113.6
152.7
175.8
116.0
157.1
119.4
146.2
161.7
164.3
33.2
58.6
31.9
63.2
32.5
30.5
33.8
34.4
54.0
53.0
66.9
32.5
36.1
50.5
56.4
57.8
.4
4.3
4.8
2.2
1.2
.5
4.7
1.8
4.3
6.8
4.8
7.4
7.3
5.5
4.3
5.2
45.2
44.3
45.6
42.2
43.6
44.9
70.5
72.3
74.4
43.8
62.7
77.1
71.5
65.9
68.8
44.5
208.0
66.4
141.5

226.5
71.1
155.4

17.3

19.4

215.9
69.5
146.4

221.0
69.9
151.1

224.1
70.1
154.1

227.5
70.5
157.0

233.4
74.0
159.4

15.9

18.2

21.1

18.8

19.8

237.2
74.6
162.6
22.7

147.2
48.7
98.4

149.6
48.9
100.8

148.4
48.8

149.4
48.8
100.6

149.6
48.8
100.8

7.3

7.9

6.6

7.5

8.8

149.8
49.0
100.8
7.5

149.8
48.9
100.9

149.7
48.8
100.9

7.7

8.5

Footnotes for tables 2 and 3 on following page.

HISTORICAL STATISTICS
The national income and product data for 1929-72 are in The National Income and
Products Accounts of the United States, 19S9-7$: Statistical Tables (available for $4.95, SN
003-010-00052-9, from Commerce Department District Offices or the Superintendent of




Documents; see addresses inside front cover). Data for 1973,1974, and 1975-77 are in July
1976, July 1977, and July 1978 issues of the SUKVEY, respectively.

CURRENT BUSINESS STATISTICS

JL HE STATISTICS here update series published in the 1975 edition of BUSINESS STATISTICS, biennial statistical supplement to the SURVEY
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, 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 CURRENT BUSINESS.

1976
Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of BUSINESS STATISTICS

1977

1978

I

II

III

IV

I

II

1979

1978

1977

1976

III

I

IV

II

III

IV

Annual total
Seasonally adjusted quarterly totals at annual rates

GENERAL BUSINESS INDICATORS—Quarterly Series
NATIONAL I N C O M E AND P R O D U C T !
Gross national product, totalf

.-.

bil.$__ 1,700.1

Personal consumption expenditures, total-.do

1,090.2

1,887.2 2,107.6 1,649. 7 1,685.4 1,715.6 1,749.8

, 806.8 1,867.0 1,916.8 1,958.1

, 992.0 2,087.5 2,136.1 2, 214. 8 2,267. 3

1,206.5 1,340.1 1,053. 8 1,075.1 1,098.4 1,133.7

, 167.7 1,188. 6 1,214.5 1,255.2

, 276.7 1,322.9

175.6
81.2
69.9

187.2
84.0
75.3

183.5
84.1
72.1

197.8
92.5
76.5

199.5
89.8
78.9

209.1
92.6
83.2

211.5
95.9
82.7

465.9
78.5
237.5
46.1

473.6
79.3
244 5
46.2

479.7
81.4
246.4
46.0

496.9
86.7
252.6
47.5

501.4
82.9
257.7
48.3

519.3
87.5
267.8
49.1

531.7
90.5
272.0
51.5

553.4
95.3
279.9
55.8

567.7
94.1
289.2
59.4

571.1
84.6
192.0
47.3

591.8
89.6
198.1
49.7

605.8
89.9
204.1
52.1

625.8
92.6
210.1
53.7

663.1
98.7
222.6
56.7

Durable goods, total 9
. do
Motor vehicles and parts
do.
Furniture and household equipment.. do_.

156.6
69.7
63.9

178.4
81.5
71.3

Nondurable goods, total 9
Clothing and shoes
Food
Gasoline and oil

do.
do..
do
do

442.8
75.7
225 8
42.8

479.0
81.5
245.2
46.5

do
do
do
do

491.0
72.8
166.4
37.9

549.2
81.6
184 6
44 2

c616.2
91.3
207 3
52 6

471.3
69.3
160.2
36.0

483.0
70.2
164.7
37.0

497.2
73.5
168.2
38.7

512.6
78.2
172.3
39.8

528.6
80.2
177.3
40.8

539.4
78.0
182.1
43.5

557.5
83.7
186.9
45.0

do

. .

162.8
72.6
66.5

173.2
81.3
68.0

444.5
76.1
227.4
43.0

458.3
78.5
232.3
45.1

152.2
67.7
61.9

154.7
69.1
63.0

156.7
69.5
64.2

430.3
73.8
219 4
41.4

437.4
74.2
223.9
41.9

, 356.9 1, 403. 9 1,442. 2

177.4
79.5
72.0

197.5
89.7
77.7
526.5
89.0
269.4
51.2

243.0

297.8

345.6

231.5

243.5

249.9

247.1

272.5

295.6

309.7

313.5

322.7

345.4

350.1

641.4
94.1
217.0
55.0
364.0

do
. ..do.
do
do

232.8
164.6
57.3
107.3

282 3
190.4
63 9
126 5

329 6
222.6
77 8
144 8

220.1
157.7
56.4
101.3

228.1
162.2
57.6
104.6

235.3
168.1
57.3
110.8

247.6
170.5
57.9
112.6

262.2
180.6
59.3
121.4

278.6
187.2
63.4
123.8

287.8
193.5
65.4
128.1

300.5
200.3
67.4
132.8

306.0
205.6
68.5
137.1

325.3
220.1
76.6
143.5

336. 5
227.5
80.9
146.6

350.5
237.1
85.1
152.0

350.5
244.0
85.8
158.3

Residential.
Change in business inventories
Nonfarm

do.
.do
do

68.2
10.2
12.2

91.9
15.6
15 0

107 0
16.0
16 7

62.4
11.4
12.7

65.9
15.4
18.8

67.3
14.5
15.2

77.1
-.6
2.2

81.6
10.3
11.1

91.4
17.0
16.5

94.3
21.9
22.0

100.2
13.1
10.4

100.3
16.7
16.9

105.3
20.1
22.1

109.0
13.6
14.6

113.4
13.5
13.4

111.1
15.3
16.5

Net exports of goods and services...
Exports
Imports

do
do
do

7.4
163.2
155.7

-11.1
175 5
186.6

-12.0
204 8
216 8

10.4
154.4
144.1

9.7
160.7
150.9

6.9
168.2
161.3

2.8
169.4
166.6

-8.5
170 9
179.4

-5.9
178 1
184.0

-7.0
180.8
187.8

-23.2
172.1
195.2

-24.1
181.7
205.8

-5.5
205.4
210.9

-10.7
210.1
220.8

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

359.5
129.9
86.8
229.6

394.0
145.1
94 3
248.9

433.9
153 8
99 5
280 2

354.0
127.1
85.9
226.9

357. 2
127.8
85.6
229.4

360.4
129.9
86.5
230.5

366.3
134.6
89 1
231.7

375.0
138.3
91.9
236.7

388.8
142.9
93.7
245.9

399.5
146.8
94.4
252.7

412.5
152.2
97.1
260.3

416.7
151.5
97.9
265.2

424.7
147.2
98.6
277.6

439.8
154.0
99.6
285.8

-7.6
221.9
229.5
454.5
162.5
102.1
292.0

-3.7
235.0
238.7
458.4
164.5
103.9
293.9

Services total 9
Houshold operation
Housing
Transportation . . .
Gross private domestic investment, total
Fixed investment
...
Nonresidential
Structures
Producers' durable equipment.

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

_.

Change in business inventories
Durable goods
Nondurable goods

do
do
do
do
do
do

1 689.9
760.3
304.6
455.7
778.0
161.9

do
do
do

10.2

15.6

5.3
4.9

8.4
7.2

1 871 6 2 091 6 1 638.3 1 670.1 1 701.0 1 750.4 1 796 5 1 850 0 1 894.9 1,945.0
800.2
859.6
844.7
741.9
758.0
768.1
772.9
832.6
825.8
918.4
347.4
312.4
332.2
315.6
339.1
346.5
288.6
301.8
341.3
376 8
512.2
456.2
498.2
453.4
455.7
457.3
486.7
491.3
468.0
541.7
893.6
749.7
875.3
862.8
766.9
787.1
808.1 832 3 850 0
962 5
204.9
158.1
160.3
160.5
168.7
174.3
191.3
196.8
191.8
226 7
16 0
11 7
4.3

11.4

15.4

14.5

11.3

6.5
8.9

9.3
5.3

.1

-.6
5.2

-5.8

10.3

17.0

6.1
4.2

9.1
7.9

21.9
11.9
10.0

13.1
6.3
6.8

370.4

, 975. 3 2 067.4 2,122.5 2, 201. 3 2, 252. 0
999.3
972.5
927.3
861.8
912.2
424.8
400.1
380.1
351.2
375.8
575.0
572.4
547.2
510.6
536.4
997.7 1,028. 9
973.7
926.4
952.0
235.0
244.7
239.1
203.8
223.4
15.3
13.5
13.6
16.7
20.1
14.8
10.2
10.8
10.8
18.5
3.4
2.7
1.9
9.3
—3.2

GNP in constant (1972) dollarsf
Gross national product, totalf

bil.$__ 1,271.0

Personal consumption expenditures, total..do
Durable goods
Nondurable goods
Services

819.4

1,332.7 1, 385. 7 1,255.5 1,268.0 1,276.5 1,284.0 1,306.7 1,325.5 1, 343.9 1,354.5 1,354.2
873.5
836.2
876.6
858.0
806.3
814.0
820.9
846.6
849.5
857.7
891.7

do
do
do

125.9
320.2
373.2

137 8
330.4
389 5

144 C
339. 6
407 4

124.8
314.6
366.9

125.2
318.2
370.6

125.3
320.5
375.1

128.5
327.7
380.0

134.9
327.1
384.6

136.2
327.2
386.0

136.9
329.2
391.8

143.0
338.1
395.6

Gross private domestic investment, total...do

173.4

196.3

210.6

168.5

174.7

177.1

173.4

186.1

197.1

201.7

200.3

Fixed investment
Nonresidential
Residential
Change in business inventories

do
do
do
...do

166.8
118.9
47.8

N et exports of goods and services

do

15.4

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

262.8
96.6
166.2

269.2
101 6
167.6

6.7

161.0
115.5
45.5

8.9

200 1
140 2
59 8
10.6

9.5

8.4

275.0
100 3
174.7

187 4
129 8
57 7

'Revised
J» Preliminary.
tRevised 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 and

294-398 O - 79 - SI




210.4

213.4

215.3

200.4
140.5
59.9
12.7

201.4
141.7
59.7

205.2
144.9
60.3

5.8

7.5

11.2

11.0

12.5

3.1

2.9

11.3

9.2

10.2

262.8
98.7
164.1

267.9
101.3
166.6

271.7
102.9
168.8

274.5
103.6
170.9

272.1
101.2
170.8

271.9
97.1
174.8

276.7
100.4
176.3

279.4
102.5
176.9

276.4
102.0
174.4

262.5
96.8
165.7

261.3
97.5
163.8

263.2
95.9
167.3

148.7
345.3
419.5
204.7
146.7
58.0
10.6
12.5

13.1

264.3
96.2
168.1

150.1
348.5
413.1

192.8
132.5
60.3

9.3

16.1

144.8
340.4
410.0

189.5
130.8
58.8
12.2

16.1

7.5

16.5

145.8
336.3
404.2
213.1

187.1
129.1
58.0
10.0

180.3
126.8
53.5

167.8
121.0
46.8

137.8
333.3
402.4
205.7
193.4
133.8
59.5
12.3

173.6
121.4
52.3
2

164.6
117.8
46.8
10.1

1,382.6 1,391.4 1, 414. 7 1,417. 6
913.5
886.3
911.8
895.1

9.0

8.2

p. 24 ff. of the July 1978 SURVEY); revisions prior to May 1977 for personal income appear on
p. 36 of the July 1978 SURVEY.
9 Includes data for items not shown separately.
« Corrected.
ci i

UUliKHiJN .L 15 U

S-2
1977

1976

Unless otherwise stated in footnotes below, data
through 1974 and descriptive notes are as shown in
the 1975 edition of B U S I N E S S STATISTICS

III

Annual total

1977

1976

1978

June 1979

IV

I

II

1978

III

IV

I

1979

III

II

IV

I r

II

III

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
d o do .
Durable goods
do....
Nondurable goods
do....
Services
Gross private domestic investment:
do .
Fixed investment
do
Nonrosidential
do—1
Residential
- -G ovt purchases of goods and services
do . .
Federal
-- . d o do State and local

1

133. 76
133.1
124.4
138.2
131. 6

141.61
140.7
129.5
145.0
141.0

152.09
150.3
136. 5
155.0
151.2

139. 6
138.4
142.5

150.6
146.7
159.4

164.7
158.7
178.8

136.8
134.4
138.1

146.3
142.7
148.5

157.8
153.3
160.4

136. 28
135.6
126. 8
139.9
134.9

138. 27
137.9
128.4
142.4
137.4

140. 86
139.9
128.9
144.7
139.7

142. 63
141.6
129.5
145.7
142.3

144. 56
143.2
130.9
147.0
144.4

147.10
146.2
133.1
150.4
147.1

150.98
149.3
135 7
154.4
149.9

153.52
151.6
137.3
156.2
152.6

156.56
154.0
139.3
158.8
155.2

159. 94
157.9
142.2 !
164.4
158.1 i

140.3
138.9
143.8 j

142. 6
140.5
147.6

145.4
142.5
152.3

148.9
145.0
157.6

151.9
147.9
160.6

155.9
151.2
166.1

158.2
153.6
168.6

162.2
156.7
175.7

167 1
160 6
182.6

170.8
163. 7
188.2

173.5 .'
166.4
185.9

137.3 '
134.2
139.1

140.2
138.0
141.5

142.7
140.1
144.3

145.1
141.1
147.6

147.1
142.7
149.7

150.3
146. 9
152 3

153.2
149. 6
155 2

156. 2
151.5
158.8

158 9
153.4
162 1

162.7
158.5
165.1

165.9
161.3
168.5

134. 39
133. 8
125.0
138.7
132.5

Quarterly Data Seasonally Adjusted at Annual Rates
bil. $.. 1,359.2

Compensation of employees, total.
Wages and salaries, total
Govt. and govt. enterprises
Other
Supplements to wages and salaries

1, 515. 3

,703.8

,372.1 1,397.0

,447.5

, 499. 3

,537.6

, 576. 9

,603.1

1,688.1

1,728.4

, 795.6

,838.7

1,153.4
983.6
200.8
782.9
169.8

, 301.4
, 101. 0
216.1
884.8
200.5

,046.1 ; 1,073. 3
897.3 | 919.9
188.1
192. 6
709.2
727.2
148.8
153.4

, 107. 9
946.4
195.2
751.2
161.5

, 140. 5
973.4
198.1
775.3
167.1

, 165. 8
993. 6
201.7
791.9
172.2

, 199. 7
,021.2
208.1
813.1
178.4

, 241.0
,050.8
211.4
839.3
190.2

1,287.8
1,090.2
213.9
876.3
197.6

1,317.1
1,113.4
216.8
896.6
203.6

, 359. 8
, 149. 4
222.3
927.1
210.4

,406.6
, 185.1
225.1
960.1
221.5

88.6
18.4
70.2

99.8
20.2
79.5

113.2
25.3
87.8

87.4
16.9
70.5

89.5
16. 3
73.2

95.6
19.4
76.1

98.9
20.0
78.9

97.2
16.5
80.8

107.3
25.1
82.3

105.0
21.9
83.1

110.1
24.0
86.1

114.5
25.0
89.6

123.0
30.4
92.6

123.4
30.6
92.9

22.5

22.5

23.4

22.4

22.8

22.5

22.4

22.4

22.7

22.8

22.2

24.3

24.4

24.7

127.0

144.2

159.5

130.0

122.5

129.9

143.7

154.8

148.2

132.6

163.4

165.2

176.6

168.7

133.2
17.5
115.6
65 6
28.1

149.5
20.9
128.6
74.7
35.1

167.7
25.1
142 6
85 0
43 2

136. 3
18.3
118.0
65.9
28.5

128.7
19.1
109.7
61 9
26 9

134.8
19.7
115.1
66 4
29 9

148.1
19.9
128.1
77.4
37.2

159.5
21.9
137.6
74 7
34 2

155.6
21.9
133.7
80.2
39.1

139.2
22.7
116 6
69 8
32 8

168.9
24.3
144.6
87.8
46.1

175.4
26.0
149.4
87.1
44.6

187.4
27.6
159.8
95 2
49.2

178.0
26.4
151.0
97.1
48.9

13 7
8.2

16.1
9.6

19 5
9 8

14 9
8.2

13 3
8 2

15 4
9 7

14.5
10.4

17 5
10 3

17 1
7.9

17 3
9 4

19.3
11.7

20.7
9.1

20 8
9.1

20.9
11.4

do

-

1,036.8
890.1
187.6
702.5
146.7

155.9
64.3
91.7
37.9
53.8

173.9
71.8
102.1
43.7
58.4

202.0
83.9
118.2
49.3
68.8

157. 8
64.7
93.1
38.4
54.7

154,6
62.4
92.2
41.4
50.8

164.8
68.3
96.5
41.5
55.0

175.1
72.3
102.8
42.7
60.1

177.5
72.8
104.8
44.1
60.6

178.3
73.9
104.4
46.3
58.1

172.1
70.0
102.1
47.0
55.1

205.5
85.0
120.5
48.1
72.4

205.4
86.2
119.2
50.1
69.2

224.9
94.4
130.5
51.9
78.6

229.8
90.2
139.7
54.0
85.7

do
do
rlo

National income, totalf--

-14.5
-14.4
84.3

-14.8
-14.9
95.4

—24 4
-18.1
106.3

—13.3
-14.5
86.2

—17.6
-14.5
88.9

—20.3
-14. 6
91.7

—16.6
-14.8
93.7

—7.7
-15.0
97.3

-14.8
-15. 3
99.0

—23 5
-16.1
101.7

-24.9
-17.2
104.6

-20.9
-19.3
107.4

-28.4
-19.9
111.4

-40.4
-20.7
115.2

1,682.4
249.1
1,433.3
1,357.0
76.3

1,731.7 1, 789. 0 1,836.0
272.8
263.2
275.1
1,468.4 1,513.9 1, 563. 3
1,392.5 1,440.9 1,480. 2
76.0
83.1
73.0

do
do

.do

.

do

do __

Proprietors' income with inventory valuation
and capital consumption adjustments,
total
_.bil. $ .
.doFarm
do
Nonfarm
Rental income of persons with capital consumption adiustment
bil. $
Corp. profits with inventory valuation and capital consumption adjustments, total
bil. $.
Corp. profits with invent, val. adj.:
Domestic total
do
do . .
Financial
do
Nonfinancial total 9
do
M'smifacturinc total 9
do
Durable poods
Transportation, communication, and
electric °ras and sanitarv serv
do
Rest of the world
Profits before tax total
Profits tax liabilitv
Profits after tax
Dividends
TTndistriVnitfid profits

do
do
do
do

Net interest

DISPOSITION OF PERSONAL INCOMEf
do
do
do
do

EoiiflJs' DisnosflWf* Dprsonal income
Less* Personal ontlavsffi
Eduals* Personal savings

1 380.9
196.5
1,184.4
1,116.3
68.0

1 529.0 1 708 0 1 392 8 1 430 5 1 470 7 1 508 6 1 543 7 1, 593. 0 1 628 9
226.0
233.3
223.3
256 2
200.0
224 6
209 0
237 3
222 7
1, 303. 0 1 451.8 1,192.8 1 221 5 1 248 0 1,285. 3 1,319.1 1,359.6 1 391 6
1, 236.1 1,374. 9 1,124. 8 1 160 9 1 195 8 1,217.8 1,244 8 1,285.9 1 309 2
73.7
66.9
76.9
67.5
74.3
82.4
68.1
52.2
60.7

NEW PLANT AND EQUIPMENT
EXPENDITURES
Unadjusted quarterly or annual totals:
All industries
.
M anufactur i ng
Durable goods industries^
Nondurable gcods industries^

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

34.82
15.60
7.17
8.43

38.06
17.19
8.00
9.18

32.35
13.67
6.36
7.31

37.89
16.76
7.79
8.97

38.67
16.89
7.97
8.92

44.91
20.30
9. 53
10.77

37.41 ri42 79
15.88
19 04
7.53
9.09
8.35
9.95

68.01
4.00
2.52
1.30
3.63

75.64
4.50
2.80
1.62
2.51

86 19
4.78
3 32
2 30
2.43

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

19.21
1.17
.78
.39
.50

20.87
1.15
.76
.46
.63

18.68
1.07
.71
.52
.51

21.13
1.22
.83
.60
.60

21.78
1.24
.84
.54
.62

24.61
1.26
94
.64
.71

21.53
1.31
.85
.65
.57

23 75
1.36
73
85
.78

23.56
1.27
.97
.64
.75

22.28
18.80
3.47
13.30
20.99

25.80
21.59
4.21
15 45
22.97

99 48
24.79
4.70
18 16
25.71

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

6.61
5.41
1.20
4.03
5.73

7.28
6.06
1.21
4.26
6.33

6.15
5.27
.88
3.97
5.76

7.14
6.01
1.13
4.56
6.18

7.43
6.11
1.32
4.68
6.43

8 78
7.40
1.37
4 96
7.34

7.16
6.30
.86
4.36
6.64

8 13
6.96
1.17

8.21
6.86
1.35

'-211.89

122.55
54.78
24.59
30.20

125. 22
54.44
25.50
28.93

130.16
56.43
26.30
30.13

134.24
59.46
27.26
32.19

140. 38
63.02
29.23
33.79

138.11
61.41
28.19
33.22

144. 25
61.57
28.72
32.86

150.76
67.20
31.40
35.80

155.41
67.75
32.25
35.50

163. 96
73.24
33.99
39.26

165. 94
71.56
34.00
37.56

170.30
76.35
36.60
39.75

174.74
79.89
38.09
41.80

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

74.78
4.49
2.57
1.43
2.96

77.36
4.74
3.20
1.69
1.96

76.70
4.50
2.80
1.76
2.32

82.68
4.45
3.35
2.67
2.44

83.56
4.81
3.09
2.08
2.23

87.66
4.99
3.38
2.20
2.47

90.71
4.98
3.49
2.39
2.55

94.38
5.46
4.02
3.35
2.71

93.95
5.40
2.76
2.92
2.93

94.85
5.11
3.89
2.60
3.01

21.67
18.22
3.45
13.64
20.99

23.46
19.49
3.96
14.30
21.36

25.35
21.19
4.16
14.19
22.67

25.29
21.14
4.16
15.32
22.73

26.22
21.90
4.32
16.40
23.14

26.23
22.05
4.18
15.82
23.27

27.92
23.15
4.78
17.07
24.76

28.46
23.83
4.62
18.18
24.71

29.62
24.92
4.70
18.90
26.09

31.73
26.95
4 78
18.46
27.12

32.79
32.42
32.35
27.96
27.63
27.70
4.83
4.66
4.79
18.75
27.73 r 2 47. 51 '2 47.45

do

_do
do

. .dodo

.do.. .

Seas. adj. qtrly. totals at annual rates:
All industries
Manufacturing
Durable goods industries^
Nondurable goods industries^
Nonmanufacturing
Mining
Railroad
.
Air transportation.. _
Other transportation
Public utilities
Electric
Gas and other. .
Communication
Commercial and other

153 82
67 6 9
31.66
35.96

do ..
.do—

Public utilities
Electric . . .
Gas and other..
C om mun i cati on
Commercial and other

135.80
60.16
27.77
32.39

do
.dodo
.do .
.do....

Nonmanufacturing
Mining
. _
Railroad
Air transportation
Other transportation

120.49
52.48
23.68
28.81

. bil. $ .

..do—

..do....
..do....
..do....
..do....
-dodo

..do

-do—
...

. do
..do....
do
do

-do—

r
Revised.
v Preliminary.
1 Estimates (corrected for systematic biases) for Apr.June 1979 and Jul.-Sept. 1979 based on expected capital expenditures of business. Expected
2
expenditures for the year 1979 appear on p. 19 of the June 1979 SURVEY.
Includes communication,
f See corresponding note on p. S-l.
9 Includes data for items not shown
separately.
®Personal outlays comprise personal consumption expenditures, interest paid




1 43.48
19.92
9.43
10.50

2 11.72

by consumers to business, and personal transfer payments to foreigners (net).
§Personal saving is excess of disposable income over personal outlays.
lIData for individual durable and nondurable goods industries components appear in the
Mar., June, Sept., and Dec. issues of the SURVEY.

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