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SURVEY OF CURRENT BUSINESS 10 September 1971 NATIONAL INCOME AND PRODUCT TABLES 1971 1970 1969 II 1970 III 1970 IV 1969 Table 1.—Gross National Product in Current and Constant Dollars (1.1, 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 1.2) 974.1 956.0 968 5 983.5 988.4 1,020.8 1, 043. 1 724 7 720 0 719 8 721 1 723 3 715 9 729 7 738 4 615 8 88 6 264.7 262 5 604 0 88 6 259.4 256 1 613 8 90 7 262.9 260.2 620 9 90 4 265.5 265 0 624 7 84 9 270.9 268 9 644 6 97.6 272.0 275 0 660.9 100.8 279.8 280 4 469 3 84 8 202.7 181 8 475 9 81 4 207.3 187 2 474 4 82 3 205.7 186 4 477 1 83 8 206.5 186 8 477 9 82 8 207.3 187 9 474 2 76 6 209.7 187 9 484 8 86 7 209.2 188 8 492 3 89 2 213.2 190 0 137.8 135.3 131.2 134.1 138.6 137.3 143,8 152.4 109.6 102.2 101.0 102.7 104.0 101.2 104.7 109.9 130.4 132.5 130.8 132 1 133 5 133.6 140.6 146.7 103.2 99.9 100 7 100 7 100.1 98 1 102 1 105.0 98.6 34.5 64 1 102.1 36.8 65 4 100.8 36.1 64 7 102.1 36.6 65 6 104.8 37.3 67 5 100.8 37.1 63 7 104.3 37.9 66 3 107.0 38.2 68 8 80.1 24.6 55 7 78.6 24.2 54 4 79.3 24.6 54 7 79.4 24.4 55 0 80.1 24.2 55 9 75.5 23.5 52 0 77.5 23.8 53 7 78.7 23.1 55.6 31.8 31 2 6 30.4 29 7 .6 30.0 29 4 .6 29.9 29 3 .6 28.7 28 1 .6 32.8 32 2 .6 36.4 35 7 .6 39.7 39 1 .6 23.1 22 6 .4 21.3 20 9 .4 21.4 21 0 .4 21.3 20 8 .4 20.0 19 5 .4 22.6 22 2 .4 24.6 24 2 .4 26.4 26.0 .4 7 4 7 3 1 2 8 2.5 3 .4 .1 3 2 1 18 3 5 1 4 7 3 3 7 3.3 4 3 2 3.0 2 5.7 5.2 5 6 4 6.3 1 2.3 2.0 3 .3 .0 2 2.0 1.7 3 3.9 3. 6 3 31 2.8 4 2.6 2.4 2 4.9 4.4 .5 2.0 3.6 3.5 4.2 4.0 2.7 4.2 —.5 .1 2.4 1.7 2.6 3.2 2.1 2.6 55.6 53 6 62.9 59 3 61.5 58.0 63.2 59 0 63.7 59 7 63.2 60.5 66.1 61.9 66.4 66.9 48.5 48.3 52.2 49.8 51.6 49.9 52.8 50.1 52.4 49.2 51.9 49.8 52.8 50.1 53.0 54.0 209.7 219 4 217.3 216.5 220.1 223.7 228.2 230.2 145.6 139.4 142.6 138.7 138.2 138.3 137.6 137.1 97.2 100.2 75 4 78 9 21 9' 21 3 96.8 75 1 21 6 96.1 74 2 2l' 9 95.9 73 2 22 7 96.7 73 0 23 7 95.7 71 8 23 9 73.8 65.4 69.4 65.3 63.8 63.2 61.5 60.5 119 7 124 0 127.9 131.5 134.5 71.9 74.0 73.2 73.4 74.3 75.2 76.1 76.6 122 2 117 1 Table 2.—Gross National Product by Major Type of Product in Current and Constant Dollars (1.3, Gross national product . ..- 929.1 Final sales Change in business inventories Goods output . Final sales . Change in business inventories ..- Durable goods _. _ Final sales Change in business inventories . Nondurable goods Final sales Change in business inventories Services 974.1 956.0 968.5 Gross national product Business Nonfarm Farm. _ _ Households and institutions Rest of the world . General government . 1.5) 983.5 988.4 1,020.8 1,043.1 724.7 720.0 719.8 721.1 723.3 715.9 729.7 738.4 718.2 6.4 717.7 2.3 719.5 .3 719.1 2.0 719.4 3.9 712.8 3.1 727.1 2.6 733.5 4.9 921 7 7.4 971 3 2.8 955.6 .4 966 5 2.1 978 4 5.1 457.3 468.3 461.9 468.6 474.9 467.7 483.2 494.6 389.9 383.0 382.7 385. 4 387.2 376.7 386.6 393.3 449.9 7 4 465.5 2 8 461.5 4 466 6 2 1 469.8 5 1 464.0 3 7 480.0 3 2 488.9 5.7 383.4 6.4 380.7 2.3 382.4 .3 383.4 2.0 383.3 3.9 373.6 3.1 384.0 2.6 388.5 4.9 185.3 180 9 4 5 180.2 180 8 — 6 179.8 181 5 —1 8 181.8 183 7 —2 0 189.6 184 9 4 7 169.7 173 1 3 4 191.8 188.0 38 194.2 191.5 2.7 165.9 162.1 38 156.1 156.8 —.6 157.7 159.4 —1.6 158.8 160.3 -1.5 163.7 160.0 3.7 144.4 147.5 -3.1 161.9 158.7 3.2 163.4 161.1 2.3 272 0 269.0 2 9 288 1 284.7 3 4 282 1 279.9 2 2 286 9 282.9 4 0 285 3 284.9 4 297 9 290.9 7 1 291.4 292.0 —.6 300.4 297.4 3.0 224.0 221.4 2.6 226.9 223.9 3.0 225.0 223.0 1.9 226.7 223.1 3.6 223.5 223.3 .2 232.3 226.1 6.2 224.7 225.3 —.6 230.0 227.4 2.6 377.4 410.3 400.8 406.2 413.7 420.6 432.3 439.8 267.8 273.4 273.0 272.3 273.9 274.5 276.1 277.6 100.1 105.2 108.6 67.0 63.6 64.1 63.4 62.2 64.7 67.0 67.4 95.5 93.4 93.7 94.9 Table 3.—Gross National Product by Sector in Current and Constant Dollars (1.7, Private. . -1.0 984.7 1,017.6 1,037.4 3.2 5.7 3.7 94.4 Structures II* 579 6 89 9 247.6 242 1 110 6 State and local I 929.1 99.2 78 4 20 7 Federal _ National defense Other IV Billions of 1953 dollars Billions of current dollars Gross national product .. III Seasonally adjusted at annual rates Seasonally adjusted at annual rates Personal consumption expenditures . Durable goods Nondurable goods Services II I 1970 1971 1.8) 929.1 974.1 956.0 968 5 983.5 988.4 1,020.8 1,043.1 724.7 720.0 719.8 721.1 723.3 715.9 729.7 738. 825 3 859.8 844 5 854 8 868.3 871.6 899.5 920.1 664.0 659.4 659.1 660.4 662.8 655.4 669.0 677. 792 5 764 5 28 0 823 4 795 2 28 2 809 1 779 3 29.8 819 7 790 9 28 8 831 3 804 1 27.1 833 5 806 4 27.1 859 6 831.5 28.1 877.9 849. 0 28.9 643. 5 619.3 24.2 638.5 614.6 23.9 637.9 614.4 23.5 640.1 616.1 23.9 641.8 618.6 23.2 634.1 609.2 24.9 646.9 622.0 24.9 654. 629. 25. 28.5 31.7 30.9 31.0 32.1 33.0 34.2 35.0 16.5 17.0 17.1 16.8 17.0 17.1 17.6 17. 4.3 4.6 4.5 4.1 4.8 5.1 5.6 7.2 4.0 4.0 4.1 3.6 4.0 4.2 4.5 5. 103.8 114.4 113.8 115.2 116.8 121.3 122.9 60.7 60.6 60.7 60.7 60.5 60.5 60.8 60. 111.6 HISTORICAL STATISTICS 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 Field Offices or the Superintendent of Documents; see addresses inside front cover). Each July SURVEY contains preliminary data for the latest 2 years and final data for the preceding 2. The July 1971 issue has data for 1967-70. Prior July issues have final data as follows: 1964-65, July 1968; 1965-66, July 1969; 1966-67, July 1970. QBE will provide on request a reprint of final data for the years 1964-67. *Second quarter net exports (and related totals) revised. CURRENT BUSINESS STATISTICS J_HE STATISTICS here update series published in the 1969 edition of BUSINESS STATISTICS, biennial statistical supplement to the SURVEY OF CURRENT BUSINESS. That volume (price $3.00) provides a description of each series, references to sources of earlier figures, and historical data as follows: For all series, monthly or quarterly, 1965 through 1968 (1958-68 for major quarterly series), annually, 1939-68; for selected series, monthly or quarterly, 1947-68 (where available). Series added or significantly revised after the 1969 BUSINESS STATISTICS went to press are indicated by an asterisk (*) and a dagger (f), respectively; certain revisions for 1968 issued too late for inclusion in the 1969 volume appear in the monthly SURVEY beginning with the September 1969 issue. Also, unless otherwise noted, revised monthly data for periods not shown herein corresponding to revised annual data are available upon request. The sources of the data are given in the 1969 edition of BUSINESS STATISTICS; they appear in the main descriptive note for each series, and are also listed alphabetically on pages 189-90. Statistics originating in Government agencies are not copyrighted and may be reprinted freely. Data from private sources are provided through the courtesy of the compilers, and are subject to their copyrights. 1968 1 1969 Unless otherwise stated in footnotes below, data through 1968 and descriptive notes are as shown in the 1969 edition of BUSINESS STATISTICS 1968 1970 II III 1969 IV I II Annual total 1970 III IV I | II 1971 III IV I II Seasonally adjusted quarterly totals at annual rates GENERAL BUSINESS INDICATORS—Quarterly Series NATIONAL INCOME AND PRODUCT bil.$ 864.2 929.1 974.1 857.4 875.2 890.2 906.4 921.8 940.2 948.0 956.0 968.5 983.5 988.4 1,020.8 ••1,043.1 Personal consumption expenditures, total do 536.2 579.6 615.8 529.0 544.0 552.5 564.3 575.8 584.1 594.2 604.0 613.8 620.9 624.7 644.6 660.9 Durable goods, total 9 . __ Automobiles and parts _ Furniture and household equipment do do__ do 84.0 37.5 34.3 89.9 40.4 36.3 88.6 37.1 37.4 -82.4 36.2 33.8 86.3 38.9 35.1 87.0 39.0 35.0 89.5 40.1 35.6 90.6 39.9 37.0 89.4 40.4 36.2 90.3 41.0 36.2 88.6 37.8 37.3 90.7 39.1 37.6 90.4 38.8 37.0 84.9 32.7 37.6 97.6 44.1 39.5 100.8 45.7 40.4 ...do do do_ _ do 230.8 46.3 115.3 19.0 247.6 50.3 122.5 21.1 264.7 52.6 131.8 22.9 227.8 45.3 114.6 18.6 233.6 47.4 116.5 19.2 236.9 47.7 117.9 19,4 241.5 48.5 120.4 20.2 246.4 50.6 121.9 20.8 249.4 51.0 122.9 21.5 253.1 51.1 124.8 21.9 259.4 51.6 128.9 22.5 262.9 52.1 131.4 22.6 265.5 52.4 132.4 22.9 270.9 54.2 134.3 23.5 272.0 54.9 135.1 23.8 279.8 57.0 138.2 24.3 do do do_ _ do 221.3 31.2 77.3 15.5 242.1 33.7 84.0 16.5 262.5 36.1 91.2 17.9 218.8 30.8 76.6 15.4 224.1 31.5 77.8 15.7 228.6 32.1 79.7 15.8 233.4 32.8 81.4 16.2 238.9 33.0 83.0 16.4 245.2 34.1 84.7 16.6 250.8 35.0 86.9 16.8 256.1 35.1 88.7 17.5 260.2 35.7 90.3 17.6 265.0 36.7 91.8 18.1 268.9 36.9 94.1 18.3 275.0 37.7 96.4 18.6 280.4 38.6 98.6 18.9 do 126.0 137.8 135.3 127.0 126.2 130.7 134.3 137.0 141.8 138.0 131.2 134.1 138.6 137.3 143.8 152.4 146. 7 107.0 38.2 68.8 39.7 39,1 5.7 5.2 Gross national product total f Nondurable goods, total? Clothing and shoes Food and beverages Gasoline and oil -- Services, total 9 ___ . Household operation Housing _ Transportation - Gross private domestic investment, total _do_ _ do do do do _do do -do 118.9 88.8 30.3 58.5 30.1 29.5 7.1 6.9 130.4 98.6 34.5 64.1 31.8 31.2 7.4 7.3 132.5 102.1 36.8 65.4 30.4 29.7 2.8 2.5 117.4 87.0 29.6 57.3 30.5 29.9 9.6 9.4 118.5 88.8 30.0 58.8 29.7 29.2 7.7 7.5 122.6 91.2 31.2 60.1 31.4 30.8 8.1 8.1 127.6 95.0 33.1 61.8 32.7 32.1 6.6 6.5 130.2 96.6 33.0 63.6 33.6 33.1 6.8 6.7 131.4 100.7 36.0 64.7 30.7 30.1 10.4 10.3 132.3 102.2 36.0 66.2 30.1 29.5 5.7 5.5 130.8 100.8 36.1 64.7 30.0 29.4 .4 .1 132.1 102.1 36.6 65.6 29.9 29.3 2.1 1.8 133.5 104.8 37.3 67.5 28.7 28.1 5.1 4.7 133.6 100.8 37.1 63.7 32.8 32.2 3.7 3.3 140.6 104.3 37.9 66.3 36.4 35.7 3.2 3.0 do -do do 2.5 50.6 48.1 2.0 55.6 53.6 3.6 62.9 59.3 3.4 50.7 47.3 3.4 53.1 49.7 1.3 50.8 49.5 1.4 48.0 46.6 1.2 56.9 55.7 2.8 58.3 55.5 2.7 59.2 56.6 3.5 61.5 58,0 4.2 63.2 59.0 4.0 63.7 59.7 2.7 63.2 60.5 4.2 66.1 61.9 Govt. purchases of goods and services, totaL.do Federal _ _ _ _ _ _ _ __do National defense do State and local __ do_ - 199.6 98.8 78.3 100.8 209.7 99.2 78.4 110.6 219.4 97.2 75.4 122.2 198.0 98.5 78.3 99.5 201.6 99.8 79.1 101.8 205.7 100.6 79.4 105.1 206.5 99.2 78.3 107.3 207.8 97.7 77.5 110.1 211.5 100.3 79,4 111.2 213.0 99.5 78.4 113.5 217.3 100.2 78.9 117.1 216.5 96.8 75.1 119.7 220.1 96.1 74.2 124.0 223.7 95.9 73.2 127.9 228.2 96.7 73.0 131.5 By major type of product: f Final sales, total Goods, total Durable goods _ _ Nondurable goods Services Structures do do do do do .do. _ 857.1 422.4 169.6 252.9 346.6 88.1 921.7 449.9 180.9 269.0 377.4 94.4 971.3 465.5 180.8 284.7 410.3 95.5 847.8 417.5 167.4 250.1 343.0 87.4 867.5 428.9 172.4 256.5 351.4 87.2 882.1 433.1 174.0 259.1 357.6 91.4 899.8 441.3 179.1 262.2 364.0 94.5 915.0 447.7 179.6 268.0 371.9 95.3 929.8 452.3 181.3 271.0 383.0 94.5 942.3 458.3 183.4 274.9 390.6 93.4 955.6 461.5 181.5 279.9 400.8 93.4 966.5 466.6 183.7 282.9 406.2 93.7 978.4 469.8 184.9 284.9 413.7 94.9 984.7 1,017.6 ••1,037.4 488.9 480.0 464.0 191.5 188.0 173.1 297.4 292.0 290.9 '439.8 420.6 432.3 108.6 105.2 100.1 do _ _ _ do_ do 7.1 4.9 2.1 7.4 4.5 2.9 2.8 -.6 3.4 9.6 6.7 2.9 7.7 4.5 3.1 8.1 6.0 2.1 6.6 3.8 2.8 6.8 4.7 2.1 10.4 6.5 4.0 5.7 3.0 2.8 .4 — 1.8 2 2 2.1 —2.0 4.0 5.1 4.7 .4 bil. $_ 706.6 724.7 720.0 705.3 712.3 716.5 721.4 724.2 727.8 725.2 719.8 721.1 723.3 do 452.7 469.3 475.9 448.4 457.7 460.2 465.7 469.0 469.9 472.6 474.4 477.1 477.9 do do do 81.3 197.1 174.4 84.8 202.7 181.8 81.4 207.3 187.2 80.0 195.3 173.1 83.4 198.6 175.8 83.3 199.4 177.5 85.2 201.6 178.9 85.6 202.8 180 6 84.0 203.0 182 9 84 4 203.4 184 8 82 3 205 7 186 4 83 8 206.5 186 8 82.8 207.3 187 9 76 6 209.7 187 9 do.__ 105.2 109.6 102.2 106.8 104.9 107.7 108.4 109.4 112.4 108.2 101 0 102.7 104.0 101.2 104.7 109.9 do_ _ do do do 98.8 75.6 23.2 6.4 103.2 80.1 23.1 6.4 99.9 78.6 21.3 2.3 98.0 74.4 23.7 8.8 97.9 75 3 22.6 7.0 100.3 76.6 23.7 7.4 102.8 78 6 24.1 5,7 103.5 79 1 24 4 5.8 103 2 81 1 22 1 9 2 103 3 81 7 21 6 49 100 7 79 3 21 4 3 100 7 7Q 4 21 3 2 0 100 1 80 1 20 0 39 98 1 75 5 22 6 31 102.1 77 5 24 6 2.6 105.0 78.7 26.4 4.9 2.4 1.8 1.6 —.3 —.5 6 6 17 26 32 21 26 Fixed investment Nonresident ial Structures Producers' durable equipment Residential structures Nonfarm _ _ _ _ _ Change in business inventories Nonfarm _ Net exports of goods and services Exports _ _ « Imports . _ Change in business inventories Durable goods _ Nondurable goods r -.5 ••66.4 '66.9 230.2 95.7 71.8 134.5 3.2 3.8 -.6 5.7 2.7 3.0 715.9 729.7 ' 738. 4 474.2 484.8 492.3 86.7 209.2 188 8 89.2 213.2 190.0 3.7 -3.4 7.1 GNP in constant (1958) dollars Gross national product, total f - - - - Personal consumption expenditures, total Durable goods _ _ _ _ Nondurable goods Services Gross private domestic investment, total Fixed investment Nonresidential Residential structures. Change in business inventories.— Net exports of goods and services do 1.0 .1 Govt. purchases of goods and services, totaL.do 147.7 145.6 139.4 148.2 148.0 Federal do 65 4 78 1 73 8 78 8 78 4 State and local _ do 69.6 69.4 71.9 69.7 74.0 r Revised. » Preliminary. t Revised series. Estimates of national income and product and personal income have been revised back to 1967 (see p. 13 ff. of the July 1971 SURVEY) ; 149.0 146.1 147.8 144.8 143.8 142.6 138.7 76 3 78 1 73 9 73 2 71 6 69 4 65 3 7l'.4 72! 1 70.9 7L6 72*. 2 73.2 73.4 revisions prior to May 1970 for personal income appear on p. 9 Includes data not shown separately. ' — 1.0 137.1 138.2 137.6 138.3 60 5 61 5 63 8 63 2 76.6 74.3 76.1 75.2 22 ff. of the July 1971 SURVEY. s-1 SURVEY OF CUERENT BUSINESS S-2 Unless otherwise stated in footnotes below, data through 1968 and descriptive notes are as shown in the 1969 edition of BUSINESS STATISTICS 196S 1969 1970 1969 1968 rv Annual total September 1971 I II 1970 III IV I II 1971 III IV I II III IV GENERAL BUSINESS INDICATORS—Quarterly Series—Continued NATIONAL INCOME AND PRODUCT— Con. Quarterly Data Seasonally Adjusted at Annual Rates National income, totalf bil. $__ 711.1 763.7 795.9 732.7 745.9 758.9 771.7 778.2 785.8 793.4 802.2 802.1 828.3 '844.5 Compensation of employees, total do 514.6 565.5 601.9 533.6 545.9 559.1 573.6 583.6 593.2 598.5 606.5 609.3 627.9 639.5 Wages and salaries, total Private Military Government civilian Supplements to wages and salaries Proprietors' income, total 9 Business and professional 9 Farm Rental income of persons do do ._. do do do do do do do 464.9 369.2 17.9 77.8 49.7 64.2 49.5 14.7 21.2 509.6 405.5 19.0 85.1 56.0 67.0 50.3 16.8 22.6 541. 4 426.6 19.4 95.5 60.5 66.9 51.0 15.8 23.3 481.6 382. 7 18.2 80.7 52.0 65.3 49.8 15.5 21.3 491.8 391.8 18.1 81.9 54.1 66.7 50.2 16.5 22.0 503.7 402.0 18.4 83.4 55.3 67.1 50.5 16.6 22.6 516.9 410.4 20.0 86.5 56.7 67.1 50.5 16.6 22.7 525.8 417.7 19.6 88.5 57.8 67.2 49.8 17.4 22.9 534.7 422.5 20.2 92.1 58.5 68.0 50.2 17.8 23.0 538.5 424.4 19.5 94.5 60.0 67.6 51.0 16.6 23.2 545.2 429.4 19.2 96.6 61.3 66.0 51.4 14.5 23.4 547.2 429.9 18.6 98.6 62.1 65.9 51.5 14.4 23.7 562.3 441.2 19.2 101.8 65.7 66.0 51.2 14.8 23.8 572.4 449.8 18.6 104.0 67.1 66.7 51.5 15.2 24.2 84.3 78.6 70.8 84.7 82.7 80.7 78.0 73.3 69.8 71.5 73.0 69.0 75.5 '78.3 11.3 73.0 41.7 19.3 22.4 12.1 66.5 36.0 17.5 18.4 12.8 58.1 29.5 16.6 13.0 11.8 72.9 41.6 19.1 22.5 12.0 70.7 39.3 18.2 21.1 12.3 68.4 36.9 18.0 18.9 12.2 65.8 34.8 17.0 17.8 12.0 61.3 33.0 16.9 16.1 11.3 58.5 31.1 16.7 14.3 12.1 59.4 31.5 16.5 14.9 13.5 59.5 30.6 16.8 13.8 14.0 54.9 25.0 16.2 8.8 14.1 61.4 32.4 16.4 16.0 13.6 '64.7 33.3 17.3 16.1 10.6 20.7 10.0 20.6 8.0 20.5 10.3 21.0 10.6 20.8 10.4 21.0 9.8 21.2 9.1 19.2 8.2 19.2 7.8 20.1 7.9 20.9 8.1 21.9 7.3 21.6 7.7 23.6 87.6 39.9 47.8 23.6 24.2 -3.3 26.9 84.2 39.7 44.5 24.4 20.0 -5.5 29.9 75.4 34.1 41.2 25.0 16.2 -4.5 33.0 89.0 40.4 48.5 24.3 24.3 -4.2 27.8 88.7 41.8 46.9 24.0 22.9 -6.0 28.6 86.9 41.0 45.9 24.2 21.6 -6.3 29.4 81.2 38.2 43.0 24.7 18.3 -3.2 30.2 80.0 37.7 42.3 24.9 17.4 -6.7 31.1 75.6 34.1 41.5 25.0 16.6 -5.8 31.8 75.8 34.5 41.3 24.9 16.4 -4.2 32.6 78.5 35.6 42.9 25.2 17.7 -5.5 33.4 71.6 32.3 39.2 25.0 14.3 -2.6 34.2 79.1 36.2 42.9 25.6 17.3 -3.5 35.0 '83.3 37.4 '46.0 25.4 '20.5 -5.1 35.8 688.9 97.9 591.0 551.2 39.8 750.3 116.2 634.2 596.3 37.9 803.6 115.9 687.8 633.7 54.1 712.6 107.1 605.5 568.1 37.3 726.8 113.6 613.2 580.4 32.8 743.1 117.2 625.9 592.4 33.4 759.3 116.1 643.2 600.9 42.3 772.2 117.8 654.5 611.4 43.1 784.3 116.7 667.6 621.5 46.2 803.8 118.0 685.7 631.5 54.2 809.8 113.5 696.2 638.9 57.4 816.7 115.2 701.5 643.0 58.5 834.3 112.7 721.6 663.2 58.4 854.8 114.0 740.8 679.9 60.9 67.76 28.37 14.12 14.25 75.56 31.68 15.96 15.72 79.71 31.95 15.80 16.15 19.03 8.10 4.16 3.94 16.04 6.58 3.36 3.22 18.81 7.82 3.98 3.84 19.25 8.16 4.03 4.12 21.46 9.12 4.59 4.53 17.47 7.14 3.59 3.56 20.33 8.15 4.08 4.07 20.26 7.99 3.87 4.12 21.66 8.66 4.26 4.40 17.68 ' 20. 60 'i 20. 55 6.69 '7.55 '7.45 3.11 '3.52 '3.60 3.58 '4.03 '3.86 39.40 1.63 1.45 2.56 1.59 10.20 7.66 2.54 6.83 15.14 43.88 1.86 1.86 2.51 1.68 11.61 8.94 2.67 8.30 16.05 47.76 1.89 1.78 3.03 1.23 13.14 10.65 2.49 10.10 16.59 10.93 .40 .38 .66 .47 2.90 2.16 .74 2.00 4.13 9.45 .42 .38 .68 .38 2.36 1.88 .48 1.81 3.41 10.99 .48 .44 .66 .46 2.99 2.22 .77 2.00 3.97 11.10 .47 .49 .53 .40 3.03 2.23 .80 2.11 4.07 12.34 .49 .55 .64 .44 3.23 2.61 .62 2.39 4.60 10.32 .45 .42 .73 .28 2.54 2.15 .39 2.14 3.76 12.18 .47 .47 .80 .31 3.28 2.59 .69 2.59 4.26 12.27 .46 .46 .74 .30 3.58 2.79 .78 2.56 4.16 12.99 .50 .43 .76 .33 3.74 3.12 .63 2.81 4.42 10.99 ' 13. 06 '.54 .49 '.47 .34 '.60 .34 '.36 .28 3.11 '3.83 2.70 '3.20 '.63 .41 2.81 2.50 3.94 '4.44 do do do do 69.05 28.70 14.39 14.31 72.52 29.99 15.47 14.52 73.94 31.16 15.98 15.18 77.84 33.05 16.53 16.52 77.84 32.39 15.88 16.50 78.22 32.44 16.40 16.05 80.22 32.43 16.32 16.11 81.88 32.15 15.74 16.40 78.63 30.98 14.92 16.05 79.32 30t46 14. 21 16.25 ' 81. 61 'i 82. 38 i 82. 42 ' 30. 12 ' 29. 74 30.22 ' 14.06 ' 14. 53 14.45 ' 16. 06 ' 15. 21 15.76 do do do do do do do do do do 40.35 1.52 1.34 2.87 1.75 10.63 7.74 2.89 7.34 14.91 42.53 1.83 1.68 2.89 1.87 11.52 8.62 2.90 7.74 15.00 42.78 1.88 1.76 2.22 1.66 11.68 8.71 2.97 7.92 15.67 4180 1.89 2.06 2.23 1.65 11.48 8.98 2.50 8.71 16.78 45.46 1.85 1.94 2.80 1.63 11.80 9.36 2.44 8.76 16.67 45.78 1.92 1.74 2.94 1.37 12.14 9.77 2.37 9.14 16.52 47.79 1.84 1.88 2.88 1.12 12.72 10.15 2.57 10.38 16. 98 49.73 1.86 1.96 3.24 1.22 13.84 11.34 2.50 10.62 17.00 47.66 1.94 1.56 3.08 1.22 13.68 11.20 2.48 10.20 15.97 48.86 2.04 1.46 1.29 1.33 14.64 12.16 2.48 10.70 17.39 ' 51. 50 ' 52. 64 52.20 '2.08 '2.10 2.09 1.46 '1.88 ' 1.78 2.21 '2.28 '1.58 1.23 '1.40 '1.32 ' 14. 91 ' 16. 05 16.36 13.83 ' 12.61 '13.69 2.53 '2.30 '2.36 11.21 '2 29. 80 2 28. 86 ' 17. 72 12, 701 8,378 11, 995 7,510 14, 222 9,490 14, 574 9,602 14, 811 9,888 15, 374 10, 241 15, 806 10,582 15, 930 10, 696 Corporate profits and inventory valuation adjustment, total bil. $-. By broad industry groups: Financial institutions do Nonfmancial 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 ___do Corporate profits tax liability do Corporate profits after tax do Dividends do Undistributed profits do Inventory valuation adjustment do Net interest do DISPOSITION OF PERSONAL INCOMEf Quarterly Data Seasonally Adjusted at Annual Rates Personal income, total bil. $._ Less: Personal tax and nontax payments do Equals: Disposable personal income ..do . _ Less: Personal outlays© do Equals: Personal saving§ do NEW PLANT AND EQUIPMENT EXPENDITURES Unadjusted quarterly or annual totals :t All industries bil $ Manufacturing do Durable goods industries ^ do Nondurable goods industries ^ do NonmanufacturingMining 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 f Nondurable goods industries f Nonmanufacturing Mining Railroad Air transportation Other transportation Public utilities Electric Gas and other Communicntion Commercial and other do do do do. . _ do ~ do . . do do do do U.S. BALANCE OF INTERNATIONAL PAYMENTSd* Quarterly Data Are Seasonally Adjusted (Credits +; debits -) Exports of goods and services (excl. transfers under military grants) mil. $ Merchandise, adjusted, excl . military do Transfers under U.S. military agency sales contracts, mil $ Receipts of income on U.S. investments abroad mil $ Other services do 50, 623 33, 588 55, 600 36, 490 62, 903 41, 980 1,395 1,515 1,480 9,233 6,407 10, 539 7,056 11, 409 8,034 i 22. 61 8.42 4.08 4.34 ' 13. 10 '.52 '.43 '.37 '.34 '4.12 '3.38 '.73 14.19 .54 .40 .54 .34 4.46 3.83 .64 '2 7. 33 27.90 15, 795 ' 16,547 16, 632 10, 461 ' 11,030 ' 10,716 357 407 329 442 336 274 447 327 433 507 2,339 1,627 2,471 1,607 2,585 1,818 2,716 1,814 2,767 1,820 2,925 1,934 2,791 1,986 2,855 2,052 2,839 2,062 ' 2, 897 ' 2, 113 -48,134 -53, 589 -59,311 -12, 384 -11, 657 Imports of goods and services do -32,964 -35, 830 -39,870 -8,441 -7,589 Merchandise, adjusted, excl military do Direct defense expenditures do -4,535 -4,856 -4,851 -1,173 -1,198 Payments of income on foreign investments in the -929 -800 U.S mil. $.. -3,013 -4,564 -5,167 Other services do -7,621 -8,339 -9,425 -1,970 -1,941 l ' Revised. p Preliminary. Estimates (corn>cted for systema tic biases for Ju lySept. and Oct.-Dec. 1971 based on expected capital expenditiires of biisiness. E xpected ex2 in(eludes co mpenditures for the year 1971 appear on p. 14 ff. of the Sept. 1971 SURVE Y. munication. fSee corresponding note on p. S-l. 9Includes inv entory VEiluation adjustment. J Revised series; explanation of revisioi is and annual anc quarterl^y data b£ ick to 1947 appear on pp. 25 ff. of the Jan. 1970 SUR^?EY; see £ilso pp. 19 ff . of tli e Feb. 1970 - -- 543 3,239 2,134 -13, 926 -13, 866 -14, 142 -14, 493 -14, 761 -14, 935 -15, 12£ '—15,400 -16, 654 -9,566 -9,278 —9, 397 -9,728 -9,831 -9,992 -10, 319 '-10,761 '—11,756 -1,187 -1,221 - 1, 251 -1,182 -1,255 -1,211 -1,203 ' -1,174 -1,220 -1,078 -1,242 —1,315 -1,348 -1,322 -1,284 -1,213 ' -1,137 -1, 084 -2,095 -2, 125 —2, 179 -2,235 -2,353 -2,448 -2,390 ' -2,328 -2, 594 SURV EY. © Persona] outlay 3 compr se pers<mal con sumptio n expen ditures, interest §P ersonal saving is paid 3y consuimers, arid persoilal transfer paynlents to foreigner s. excess of dispo sable inc ome over persona I outlays ts appear in the omponen HD<ita for in dividual durable and non lurable £*oods inc ustries c 0"Revised ; more <complete details, Mar., June, S 3pt., and Dec. is sues of t he SURV EY. as we 1 as revised quarl erly data back to 1966, apiDear on i>. 24 ff. o f the Ju ne 1971 SURVEY.
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