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BUSINESS STATISTICS tl/lonthiu A HE DATA here are a continuation of the statistics published in the 1949 Statistical Supplement to the SURVEY OF CURRENT BUSINESS. That volume (price $1.25) contains monthly data for the years 1945 to 1948, and monthly averages for earlier years back to 1935 insofar as available; it also provides a description of each series and references to sources of monthly figures prior to 1945. Series added or revised since publication of the 1949 Supplement are indicated by an asterisk (*) and a dagger (f), respectively, the accompanying footnote indicating where historical data and a descriptive note may be found. The terms "unadjusted" and "adjusted" used to designate index numbers and dollar values refer to adjustment of monthly figures for seasonal variation. Monthly averages for 1949 are shown in the March 1950 issue of the Survey of Current Business. for selected series will be found in the Weekly Supplement to the Survey. 1950 1949 Unless otherwise stated, statistics through 1948 and descriptive notes are shown in the 1949 Statistical Supplement to the Survey October November Data subsequent to October 1950 December January February March April May June July August September October GENERAL BUSINESS INDICATORS NATIONAL INCOME AND PRODUCTf Seasonally adjusted quarterly totals at annual rates: National income, total bil. of dol Compensation of employees, total do Wages and salaries, total do Private do Military do Government civilian do Supplements to wages and salaries do Proprietors' and rental income, total cf do Business and professional cT do Farm do Rental income of persons do Corporate profits and inventory valuation adjustment, total bil of dol Corporate profits before tax, total do Corporate profits tax liability do Corporate profits after tax do Inventory valuation adjustment do Net interest do 214.2 140.2 133.6 112 7 4.6 16 4 6.6 40.7 20.6 12.8 7.3 216.9 142.3 135.2 114.3 4.5 16 4 7.1 41.5 21.4 12.8 7.3 229.1 147.9 140.6 119.5 28.4 27.6 10 6 16.9 .8 4.8 28 2 29.2 12 0 17.2 — 1.0 5.0 35 0 37.4 15 1 22.2 —2 3 Gross national product, total do Personal consumption expenditures, total do Durable goods do Nondurable goods do Services do Gross private domestic investment do New construction do Producers' durable equipment do Change in business inventories.. do Net foreign investment do Government purchases of goods and services, total bil. of dol Federal (less Government sales) _ _ do State and local do 253.8 180.6 25.3 97.9 57.4 31.2 18.2 18.7 -5.7 -.7 263.4 182.4 26.9 97.4 58.1 41.7 19.9 19.9 2.0 — 1.7 270.3 —2.0 284.3 198.4 33.5 104.9 59.9 48.4 22.8 27.1 — 1.5 —3.3 42.8 24.3 18.5 41.0 22.2 18.7 40.2 21.4 18.8 40.8 21.2 19.6 Personal income total Less* Personal tax and nontax payments Equals: Disposable personal income Personal saving! 205 4 18.7 186.8 6.2 216 4 19 0 197.5 15 0 215 1 19 5 195.6 10 4 224 8 20 0 204.7 64 do do do do 155.2 147.7 125.2 4.5 16.6 7.5 45.4 24.7 13.3 7.4 7.3 41.2 22.3 11.7 7.1 —7.9 5.0 5.0 185.2 26.7 99.3 59 2 46.9 21 3 22.3 3.4 PERSONAL INCOME, BY SOURCEf Seasonally adjusted, at annual rates: Total personal income bil of dol Wage and salary receipts, total do__Employer disbursements, total _ _do Commodity-producing industries do Distributive industries do Service industries. do Government do Less employee contributions for social insurance _ . ._ _ _ bil. of dol Other labor income do Proprietors' and rental income do Personal interest income and dividends do Total transfer payments __ do Total nonagricultural income do 202.4 130.3 132.5 54.8 39.0 17.8 20.9 205.7 131.3 133. 4 55.5 39 0 17.8 21.1 208.4 132.9 135.1 57.0 39.3 17.8 21.0 214.6 132.2 135. 0 56.7 39.5 17.9 20.9 215. 4 131.5 134.2 2.2 3.0 39.8 17.2 12.1 2.1 3.1 41.7 17.2 12.4 2.2 3.1 40.6 18.9 12.9 186.0 187.6 191.1 55.8 39.3 18.1 21.0 219 3 133.6 136.4 57.7 39 6 18.1 21.0 213 8 135.3 138.1 59. 1 39 7 18.2 21 1 214 5 137.7 140.5 60 9 40 1 18.5 21.0 217 1 140.2 143.2 62 7 40 7 18 6 21 2 2.8 3.0 43.5 17.5 18.4 2.7 3.0 41.0 17.7 22.2 2.8 33 40.2 18 0 24 2 2.8 33 39.8 18 2 17 2 2.8 3 4 41.5 17 8 14 1 195.2 199.0 203.7 198.7 198.4 r 18 8 22 4 228 7 r 147. 8 f T150 6 66 5 Ml 6 r 18 8 ' 23 7 230 1 150.0 153 1 67 8 41 7 18 9 24 7 28 3 4 45.5 17 8 12 3 30 34 46.1 18 4 12 0 28 34 "-45.0 r 21 1 11 4 31 34 45.6 19 1 12 0 202.7 207.3 ' 211. 2 7 7 5 3 9 7 6 225 4 145.5 148.5 65 6 41 7 30 3 4 42.3 17 8 13 4 200.7 220 141 144 63 40 18 21 211.8 NEW PLANT AND EQUIPMENT EXPENDITURES r 4,630 All industries, quarterly total mil. of dol__ 3,700 4,330 4 690 Manufacturing _ __ __ _do_ 1,830 r 2 050 1,520 1 860 Mining _ do 180 150 160 180 Railroad _ do 300 r 280 230 300 T Other transportation __ _ __do__ 120 80 90 120 Electric and gas utilities do 890 r 820 650 760 r Commercial and miscellaneous _ do 1,320 1,060 1,160 1, 230 r Revised. * Estimates for the last quarter of 1950 and the first quarter of 1951, based on anticipated capital expenditures of business, are shown on p. 5 of this SURVEY. fRevised series. Quarterly estimates of national income, gross national product, and personal income and monthly estimates of personal income have been revised beginning 1946: pp. 28-35 of the July 1950 SURVEY for the revised figures, cf Includes inventory valuation adjustment. §Personal saving is excess of disposable income over personal consumption expenditures shown as a component of gross national product above. 917111°—50 S-l
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