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SURVEY OF CURRENT BUSINESS 14 April 1975 NATIONAL INCOME AND PRODUCT TABLES 1974 1973 1973 1974 I IV II 1975 III IV 1973 1973 IP 1974 1974 I IV Seasonally adjusted at annual rates II 1975 III IV IP 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) 1 294 9 1 397 4 1 344 0 1 358 8 1,383 8 1 416 3 1 430 9 1 419 2 Personal consumption expenditures Durable goods Nondurable goods Services. -- -- - - Gross private domestic investment . . . Fixed investment Nonresidential Structures Producers' durable equipment Residential structures Nonfarm Farm Change in business inventories Nonfarm. Farm - Net exports of goods and services Exports Imports- _ . . . Government purchases of goods and services Federal National defense . . Other State and local 839 2 821 2 845 7 830 5 827 1 823 1 804 0 782 3 805.2 876.7 823.9 840.6 869.1 901.3 895.8 916.3 552.1 539 5 546 3 539 7 542 7 547 2 528 2 532 3 130 3 338.0 336.9 127.5 380.2 369.0 124 3 352.1 347.4 123.9 364.4 352.4 129.5 375.8 363.8 136.1 389.0 376.2 120.7 391.7 383.5 125 5 399.3 391.5 113 6 228.6 209.9 103.1 223.7 212.6 107 2 227 4 211.7 105 2 223 9 210.6 106 8 223 6 212 2 107 8 225 8 213 7 92 8 221 4 214 1 95 8 2^2 7 213 8 209.4 209.4 224.5 210.5 211.8 205.8 209.4 164.6 138.1 126.7 145 8 133 3 130 3 122 7 120 5 90 6 194.0 195.2 195.5 193.6 198.3 197.1 191.6 182.6 127.3 118.0 125 8 122 7 122 2 117 7 109 6 101 6 136.8 47.0 89.8 57.2 56.7 .5 149.2 52.0 97.1 46.0 45.2 .7 141.9 49.3 92.6 53.6 53.0 .6 145.2 51.3 93.9 48.4 47.8 .7 149.4 52.2 97.2 48.8 48.0 .8 150.9 51.0 99.9 46.2 45.4 .8 151.2 53.7 97.5 40.4 39.7 .7 147.4 52.8 94.6 35.2 34.7 .5 94 4 25.4 69.0 32.9 32.6 .3 94.0 26.2 67.8 24.0 23.6 .4 96 0 26 0 70.0 29 8 29.5 .4 96 3 26 7 69.7 26 4 26 0 .4 96 5 26 6 69 9 25 7 25 3 .4 94 1 25 4 68.7 23 6 23 1 .4 89 2 26 1 63 1 20 4 20 1 4 84 25 58 17 17 15.4 11.4 4.0 14.2 11.9 2.3 28.9 24.0 4.9 16.9 13.1 3.8 13.5 10.4 3.1 8.7 6.6 2.1 17.8 17.5 .3 —18.0 -16.6 — 1.3 10.8 8.9 1.8 8.7 7.4 1.2 20.0 17.9 21 10.6 8.7 18 82 6 4 18 5.0 3.9 1i 10 9 10.7 2 —11 0 —10 2 1 3 8 5 3 2 0 3.9 2.1 9.3 11.3 -1.5 -3.1 1.9 5.4 4.6 9.0 7.9 11.5 8.2 7.3 9.1 11.0 100.4 96.4 140.2 138.1 113.6 104.3 131.2 119.9 138.5 140.0 143.6 146.7 147.5 145.7 143.5 138.1 66.6 62.0 71.9 62.9 68.9 61.0 73.3 61.8 73.4 65.1 70.9 63.6 69.9 60.9 67 1 56. 1 276.4 309.2 286.4 296.3 304.4 312.3 323.8 332.8 144.4 146.0 145.7 146.0 145.8 145.9 146 3 148.3 106.6 74.4 32.2 169.8 116.9 78.7 38.2 192.3 108.4 75.3 33 1 177.9 111.5 75.8 35.7 184.8 114.3 76.6 37.7 190.1 117.2 78.4 38.8 195.1 124.5 84.0 40.6 199.3 127.7 85.2 42 5 205.1 57.3 56.5 56.4 56.3 56.3 56.5 57.0 58 0 87.0 89.5 89.3 89.7 89.5 89.4 89.3 90.3 Table 2.—Gross National Product by Major Type of Product in Current and Constant Dollars (1.3, 1.5) 839.2 821.2 845.7 830.5 827.1 823.1 804.0 782.3 1 279 6 1 383 2 1 315 11 341 9 1 370 3 1 407 6 1 413 11 437 1 828.4 14.2 15.4 16.9 10.8 28.9 17.8 — 18.0 13.5 87 812.5 8.7 825.7 20.0 819.9 10.6 818 9 8.2 818.1 5.0 793.1 10.9 793.3 -11.0 1,294 9 1, 397. 4 1 344 0 1 358.8 1 383.8 1, 416. 3 1 430.9 1 419.2 Gross national product Final sales Change in business inventories 622 7 670.3 653 6 651.9 664 9 681.7 682 6 665.0 459.1 442.8 465.1 449.1 448.9 446.0 427.1 409.0 Final sales Change in business inventories 607 3 15.4 656.1 14.2 624 7 28.9 635 0 16.9 651 3 13 5 673 0 8.7 664.8 17.8 682 9 —18.0 448.3 10.8 434.1 8.7 445.1 20.0 438.5 10.6 440.8 8.2 441.0 5.0 416.3 10.9 420.0 -11.0 Durable goods Final sales Change in business inventories 250.3 240.9 9.4 256.9 249.2 7.7 255.4 240.6 14.8 251.0 242.3 8.7 246 6 248.5 —1.8 265.5 259.8 5.7 264.5 246.2 18.3 240.5 251.7 —11.2 206.0 198.5 7.5 195.9 191.0 4.9 206.3 194.9 11.5 200.2 194.3 5.8 195.4 196.6 -1.2 200.2 196.6 3.6 188.0 176.7 11.3 169.2 176.4 -7.2 Nondurable goods Final sales Change in business inventories 372 4 366 5 6.0 413.4 406.9 6.5 398 2 384.1 14.1 401 0 392.8 8.2 418 2 402 9 15.4 416 2 413.2 3.0 418.1 418.6 -.5 424 5 431.2 -6.8 253 1 249.9 246.9 243.1 3.8 258.7 250.2 8.5 248.9 244.2 4.7 253.6 244.2 9.4 245.8 244.4 1.4 239.2 239.6 -.4 239.8 243.6 -3.8 534 4 590 3 553 2 569.7 579 2 597.8 614.5 625.5 304.5 310.9 307.8 310.7 308.3 310.7 313.7 313.7 137 8 136.8 137.2 137.1 139 7 136.7 133.9 128.7 75.5 67.5 72.8 70.7 69.8 66.4 63.2 59.6 782.3 Goods output Services .. . Structures 0 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. Farm Households and institutions. General governmentFederal State and local Rest of the world Addendum: Gross private product. 1,294.9 1,397.4 1,344.0 1,358.8 1,383.8 1, 416.3 1, 430.9 1,419.2 839.2 1,286.5 1,385.6 1,335.2 1,344.0 1,374.1 1,405.2 1,418.9 1,409.8 1,096.8 1,177. 8 1,138.8 1,143.1 1,168.8 1,195.7 1,203.6 1,189.5 1,040. 3 1,124.1 1, 074. 5 1,082.6 1,117. 8 1,144.4 1,151.5 1,143. 2 56.5 51.3 64.4 60.5 51.1 46.3 53.8 52.1 41.3 47.0 43.0 44.6 46.5 48.0 148.5 52.8 95.7 160.8 55.7 105. 1 153.4 54.3 99.1 156.3 54.8 101.5 158.8 55.0 103.9 161.6 55.3 106.3 8.4 11.9 8.9 14.7 9.7 11.1 753.1 725.8 27.4 821.2 845.7 830.5 827.1 823.1 804.0 816.9 840.7 823.5 824.1 819.8 800.0 779.2 733.8 706.3 27.5 759.2 731.0 28.2 740.9 713.9 27.0 741.4 712.7 28.7 736.6 708.0 28.6 716.5 690.8 25.7 694.6 667.1 27.5 18.8 18.9 18.8 19.0 21.1 42.8 64.2 21.0 43.2 64.8 21.0 43.7 65.6 21.0 44.6 50.0 18.5 18.9 18.7 19.1 166.5 57.9 108.7 170.3 58.0 112.2 62.3 21.3 41.0 64.1 21.1 43.0 62.9 21.1 41.7 63.5 21.1 42.3 12.0 9.4 5.2 4.3 5.0 7.0 3.0 3.3 4.0 767.0 763.2 758.8 739.2 48.8 1,146.5 1,236.6 1,190.7 1,202.5 1,225.0 1,254.7 1,264.4 1,248.9 776.9 757.1 782.8 3.1 716.7 Preliminary. HISTORICAL STATISTICS THE national income and product data for 1929-63 are in The National Income and Product Accounts of the United States, 1929-1965, Statistical Tables (available at $1 from Commerce Department District Office or the Superintendent of Documents; see addresses inside front cover). Each July SURVEY contains preliminary data for the latest 2 years and fully revised data for the preceding 2. The July 1974 issue has data for 1970-73. Prior July issues have fully revised data as follows: 1969-70, July 1973; 1968-69, July 1972; 1967-68, July 1971; 1966-67, July 1970; 1965-66, July 1969; 1964-65, July 1968. 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 $5.15) 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 I II Annual total 1974 1973 III | IV I III II IV I \ U 1975 III IP IV Seasonally adjusted quarterly totals at annual rates GENERAL BUSINESS INDICATORS—Quarterly Series NATIONAL INCOME AND PRODUCTf 1,158.0 1,294.9 Personal consumption expenditures, total.. do 729.0 805.2 Durable goods, total 9 .. ..do Automobiles and parts do Furniture and household equipment.. -do 118.4 53.1 48.7 Nondurable goods, total 9 Clothing and shoes Food and beverages Gasoline and oil - Gross national product, totalf . bil. $ 1 397 4 1,115.0 1,143.0 1,169.3 876.7 701.5 720.6 736.8 757.2 781.7 799.0 816.3 823.9 840.6 869.1 901.3 895.8 916.3 130.3 57.5 55.0 127 5 49 7 58.8 112.1 49.4 47.1 116.2 51.5 47.9 121.2 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 57.8 125 5 47 0 58.3 299.7 63.0 143.7 25.0 338.0 70.2 165.1 28.3 380 2 74 1 187 7 35 9 288.4 60.0 139 3 24.6 297.4 62.5 142.4 24.5 302.0 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 73 196 37 399 76 202 38 310.9 43.3 107.9 21.8 336.9 47.3 116.4 23.4 369.0 52 9 126 4 26.1 301.0 41.2 105.1 21.5 307.0 42.6 106.9 21.6 313.6 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 1 391.5 56 5 134 2 28 2 179.3 209.4 209.4 169.4 175.5 182.1 190.2 199.0 205.1 209.0 224.5 210.5 211.8 205.8 209.4 164.6 170.8 116.8 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 11.9 164.5 112.7 40.7 72.0 51.8 51.2 5.0 4.1 167.6 114.7 41.0 73.7 52.9 52.3 8.0 7.0 171.9 117.5 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 87 6 6 191 6 151 2 53 7 97 5 40 4 39 7 17 8 17 5 182 6 147 4 52 8 94.6 35.2 34 7 — 18 0 — 16.6 do do do -6.0 72.4 78.4 3.9 100.4 96.4 2.1 140.2 138.1 -7.1 69.1 76.1 -6.9 68.8 75.7 -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 -1.5 138.5 140.0 -3.1 143 6 146 7 1.9 147 5 145.7 5.4 143 5 138.1 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 78.7 192.3 251.1 105. 6 75.9 145 5 253.8 105.9 75.9 147 9 255.1 102.7 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 3 332.8 127.7 85.2 205 1 Services, total9 Household operation Housing Transportation .... ..do do do do do . do do do Gross private domestic investment, total.. .do Fixed investment do ._ Nonresidential do Structures . _ do Producers' durable equipment . ..do Residential structures __ do Nonfarm do Change in business inventories do Nonfarm _ do Net exports of goods and services Exports Imports _ . By major type of productrf 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 8.5 7.1 1.4 15.4 9.4 6.0 1 2047 1 248 9 1 2779 1 308.9 1 344.0 1 358.8 1 383 8 1 416 3 1 4309 1 419 2 1, 383. 2 1 110.0 1,135.1 1,159.1 1,193 7 1 238.9 1,267.2 1,297.0 1,315.1 1,341.9 1,370.3 656.1 635.0 651.3 514.3 529.4 618.0 624.7 541.0 556 2 585 8 600 9 249.2 204.6 210.6 218.3 243.9 240.6 242.3 248.5 223.6 237.8 241.2 406.9 309.7 318.9 374.2 384.1 392.8 402.9 322.7 332.6 347.9 359.7 590.3 472.1 481.5 492.4 569.7 579.2 506.5 516.0 528.3 540.2 553.2 136.8 137.1 123.6 124.1 125.6 138.8 137.2 130.9 137.1 138 0 139.7 14.2 7.7 6.5 5.0 2.7 2.2 8.0 5.8 2.2 10.2 6.8 3.4 11.0 13.2 -2.2 10.0 6.1 3.9 10.7 7.7 3.0 11.8 9.0 2.9 7 7 0 5 3 1 1 3 1 407 6 1,413 1 1,437 1 682 9 673 0 664 8 251.7 259. 8 246. 2 413.2 418.6 431.2 614.5 625.5 597.8 136 7 128 7 133 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 -18.0 — 11.2 -6.8 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 792 5 OOQ 9 821 2 77ft Q 7ftfi fi 70S 1 01 X f) 009 o 007 * 84.fl 8 OAK 7 830 5 827.1 823.1 804.0 782.3 527.3 552.1 539.5 512.8 523.2 531.2 542.2 552.9 553.7 555.4 546.3 539.7 542.7 547.2 528.2 532.3 104 9 220.2 202 2 113 6 228.6 209 9 103 1 223.7 212 6 99 8 214.4 198 6 103 0 219.8 200 4 106 8 221.3 203 o i in 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 6 106.8 223.6 212.2 107.8 225.8 213.7 92.8 221.4 214.1 95.8 222.7 213.8 125.0 138.1 126.7 119.4 123.2 126.6 130.9 134.4 136.3 135.8 145.8 133.3 130.3 122.7 120.5 90.6 122.7 96 3 26.4 10.6 122.2 96.5 25.7 8.2 117.7 94.1 23.6 5.0 109.6 89.2 20.4 10.9 101.6 84.1 17.5 -11.0 11.5 8.2 7.3 9.1 11.0 Fixed investment Nonresidential . Residential structures Change in business inventories do do do do 118.0 83 7 34.3 7.0 127.3 94 4 32.9 10.8 118.0 94 0 24.0 8.7 115.2 81 3 33! 8 4.2 116.6 Net exports of goods and services do -3.0 4.6 9.0 -4.9 —3. 6 g9 4. 34.2 6.6 Govt. purchases of goods and services, total -do 143.1 144.4 143.8 146.0 143.8 Federal .do 61 0 62 9 57 3 62 5 56 5 State and local do 8Q 5 80. Q 82.1 87.0 81.3 r Revised. » Preliminary. f Revised series. Estimates of national income and product and personal income have been revised back tc 1971 (see p. 11 ff. of the July 1974 SURVEY) ; 118.1 83 8 34.3 8.5 122.0 87 2 34.8 8.8 127.1 92 2 35.0 7.3 128.4 94 3 34.1 7.8 127.7 95 i 32.6 8.0 125.8 96 0 29.8 20.0 -1.4 -1.9 1.4 3.5 5.8 7.9 148.3 146.3 145.9 145.8 146.0 145.7 141.8 144.1 143.9 143.7 143.0 58.0 57 0 56 5 56 3 56 3 56 4 56 2 59 5 59 2 57 7 58 9 90.3 89.3 89.4 82.4 83.8 85.2 86.2 87.5 89.3 89.7 89.5 revisions prior to May 1973 for personal income appear on pp. 22-23 of the July 1974 SURVEY. 9 Includes data not shown separately. S-l 573-238 O - 75 - S-l SUKVEY OF CUKKEJSTT BUSINESS S-2 Unless otherwise stated in footnotes below, data through 1972 and descriptive notes are as shown in the 1973 edition of BUSINESS STATISTICS 1972 Annual total 1973 1972 1 1973 | 1974 III II April 1975 IV I II 1974 III IV I 1975 II III IV IP II GENERAL BUSINESS INDICATORS—Quarterly Series—Continued NATIONAL INCOME AND PRODUCT— Con. Quarterly Data Seasonally Adjusted at Annual Rates Implicit price deflators:! 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 National income totalf Proprietors' income total 9 Business and professional 5 Farm Rental income of persons 170 18 162 5 145 31 137 7 146. 50 138.7 147 96 139.7 149. 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. 41 172.1 144.8 139 6 157.4 178 6 152.4 144.9 174.0 191 5 165.3 158 7 191 4 211 8 143.8 139 3 154.6 176 5 145.6 140.2 158.9 179 9 146.9 140.5 162.8 183 6 148.7 141.7 167.1 186.7 151.4 143.9 172.1 189.9 154.3 146.1 178.1 192.6 155.4 147.9 179.7 196.5 157.8 150.7 183.8 202 9 162.3 154.9 190.0 208.8 167.5 160.4 195.9 214.1 174.9 169 6 197 9 221 4 179.7 175.3 200.7 224.4 1 065.6 rl 142 5 1,051.2 1,077.3 1,106.3 1 118.8 1,130.2 1,155.5 *•! 165 4 932.5 954.3 987.0 1,027.6 707 1 786 0 855 8 699 0 712.6 732.9 759.1 776.7 793.3 814.8 828.8 848.3 868.2 877 7 875.4 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 1 619.7 486.7 20.1 113.0 79 3 631.2 495.3 19.9 116.0 81.4 649.6 508.7 21.2 119.7 83.4 667.6 525.0 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 6 764.9 597.2 22.0 145.7 110.5 75 9 54 9 21.0 25.9 96 1 57 6 38.5 26.1 93 0 61 2 31 8 26 5 74.6 54 3 20.3 24.4 75.8 55.5 20.3 26.8 80.1 56 1 24.0 26.7 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 85.0 62 8 22.2 27.0 105 1 r 105 g 89 5 92.9 99.8 103.9 105.0 105.2 106.4 107.7 105.6 105.8 r 103 4 17 72 39 18 21 4 1 6 1 5 17.8 75 1 40.8 19 4 21.4 18 3 81 5 45.1 20 0 25 1 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 87 46 26 19 8 0 2 9 3 20.7 84.9 46.8 29 7 17.1 20.7 85.1 48.6 33 3 15.3 8.9 23 6 9.5 24.8 9.9 26.6 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 75 98 7 ofi n 40 3 55 7 27.1 28.6 100 2 41.8 58.4 27.8 30.6 108 2 45 2 63.1 28.2 34.9 120 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 iqc A 139 0 55.9 83.1 32.5 50.5 157 0 62.7 94.3 33.2 61.1 r 1 31 ^ 52 2 83 2 31.6 51.6 -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 1,099.3 1,112.5 1,134.6 168.2 159.9 161.9 939.4 966.5 950.6 850.1 894.9 866.2 89.3 71.5 84.4 1,168.2 175.1 993.1 927.6 65.5 do do do - .... .do _ Corporate profits and inventory valuation ment total By broad industry groups: Financial institutions Nonflnancial corporations total Manufacturing total 154 31 145.9 do .. - bil. $ Compensation of employees total Wages and salaries, total . -Private Military Government civilian Supplements to wages and salaries 146 12 138.2 adjustbil $ do do do Transportation, communication, and public utilities bil $ 946.5 92 2 17 6 74 5 40 8 19 0 21 8 19 85 47 21 26 6 5 6 5 1 9 2 24 6 9 2 28 7 r 20 8 84 9 r 47 Q , Of) (\ r 17 0 7 g r 30 1 r 20 9 r 82 5 46 3 30 1 16 2 QQ 9 1 99 7 Corporate profits tax liability Corporate profits after tax Dividends Undistributed profits... do do do do 41 5 57 7 27.3 30.3 49 8 72 9 29.6 43.3 Inventory valuation adjustment Net interest do do —7 0 45 6 — 17 6 52 3 61 6 —6 5 44.9 -7.3 46.2 -8.4 47.5 bil $ do do do do 944.9 142.4 802.5 749.9 52.6 1,055.0 1 150 5 151.3 170.8 903.7 979.7 829.4 902.7 74.4 77.0 930.9 140.9 790.0 741.1 49.0 950.3 143.1 807.2 757.9 49.3 985.0 1,013.6 147.0 144.1 869.5 838.1 779.2 804.2 58.9 65.3 bil. $ do do 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 22.01 7.63 3.71 3.92 21.86 7.74 3.86 3.87 25.20 9.38 4.77 4.61 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 11.43 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 do 57.09 61.73 66.39 14.38 14.12 15.83 13.69 15.57 15.42 17.05 14.61 16.89 16.61 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 .61 .48 .73 .39 .59 .38 .61 .35 .63 .47 .63 .40 .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 4.24 3.61 .62 2.95 4.98 4.39 3.67 .72 2.84 4.97 4.74 4.01 .73 3.39 5.57 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 do do do do 87.12 30.37 14.77 16.60 87.67 30.98 15.67 15.31 91.94 33.64 16.86 16.78 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 do 56.75 56.70 68.30 60.68 61.18 62.09 63.12 64.31 66.08 66.94 68.14 65.67 do do do do 2.38 1.88 2.89 1.53 2.40 1.50 2.67 1.41 2.46 1.71 2.33 1.42 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 3.59 2.83 2.06 2.67 r 55 7 r 85 0 32.7 '52.4 r —35 1 r 52 0 r 79 5 33.3 M6.2 33.7 — 28 1 -6.2 68.8 r 65 9 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§ 1,039.2 1,068.0 147.2 154.2 892.1 913.9 822.5 840.7 69.6 73.2 1,186.9 1, 193. 0 175.7 178.1 1,008.8 1, 017. 4 942.5 922.3 74.8 86.5 NEW PLANT AND EQUIPMENT EXPENDITURES Unadjusted quarterly or annual totals: 4.11 Industries Manufacturing Durable goods industries H 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 ^ Nondurable goods industries ^ Nonmanufacturing Mining Railroad Air transportation Other transportation - 17.01 16.60 Public utilities do 14.62 14.32 Electric do 2.38 2.27 Gas and other do 11.56 11.59 Communication do 20.16 19.88 Commercial and other do r Revised. * Preliminary. 1 Estimates (corrected for systematic biases) for Jan.Mar. and Apr.-June 1975 based on expected capital expenditures of business. Expected 2 expenditures for the year 1975 appear on p. 17 of the March 1975 SURVEY. Includes communication. f See corresponding note on p. S-l. 9 Includes inventory valuation 31.92 125.33 128.67 11.87 10.46 13.63 5.32 4.87 6.64 A tt 6.99 16.80 14.87 18.29 .87 .66 .46 .53 4.37 2 .93 en RO 5.08 4 qo .56 7fi 7.98 2 R 77 1113.22 U13.83 ATI 7fl 47.55 22.04 9fi V) 25.51 66.07 3.64 3 ftC 2 15 2 63 20.10 20.14 20.93 20.16 20.97 19.80 20.12 18.58 18.38 18.08 17.53 17 17 16.93 17.76 18.10 17.47 17.12 16.72 15.55 16.00 15.40 14.67 2 92 3.21 3.17 2.68 2.87 3.00 3.08 2.52 2.58 2.98 2.86 14.04 2 13.94 14.01 13.83 13.24 13.12 12.34 12.70 12.63 2 34 50 34. 38 22.04 22.84 21.63 21.69 21.35 21.36 21.55 20.21 21.53 adjustment. 0 Personal outlays comprise personal consumption expenditures, interest paid by consumers, and personal transfer payments to foreigners. § Personal saving is excess of disposable income over personal outlays. . HData for individual durable and nondurable goods industries components appear in me Mar., June, Sept., and Dec. issues of the SURVEY.