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BUSINESS STATISTICS JL HE DATA here are a continuation of the statistics published in the 1949 Statistical Supplement to the SURVEY OF CURRENT BUSINESS. That volume 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. Data subsequent to August for selected series will be found in the Weekly Supplement to the SURVEY. Unless otherwise stated, statistics through 1948 and descriptive notes are shown in the 1949 Statistical Supplement to the Survey 1949 1948 October August November December January February March April May July June August GENERAL BUSINESS INDICATORS NATIONAL INCOME AND PRODUCT 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, totalV __do. _ Business and professional^ 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 In ventorv valuation adjustment _ do _ _ _ Net interest do 230.4 143. 3 i38.3 118.6 3.9 15.7 5.0 49.9 24.5 18.8 6.6 234.3 144.9 139.8 119.6 4.1 16.1 5.0 49.7 24.5 18.5 6.7 *• 226. 3 142 5 137.5 117.2 5.0 5.1 47.8 24 0 17.1 6 7 46.7 24.1 15.9 6 7 33.3 36.6 14.4 22.2 -3.3 3.9 35.7 34.5 13.6 20.9 1.2 4.1 '31.8 »-29. 4 ' 11.5 f 17 9 31.1 26 4 10.6 15 8 2.3 4.2 4.7 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 266.5 180.3 24.8 101.8 53.7 47.1 18.7 21.0 7.4 — .1 270.3 180.9 22.9 103.3 54.8 48.0 17.9 21.2 9.0 1.0 262.5 177.9 22 5 99.9 55 4 41.9 16 8 21.0 41 256.1 178.2 23 6 98.7 55 9 34.0 16 5 20.3 —2 8 .6 .8 39.2 22.8 16.4 40.3 23.4 16.9 42 1 25 1 17 0 43 1 25.4 17 7 Personal income, total do Less: Personal tax and nontax payments. __do 215.4 20.2 195.2 15.0 216.6 20.4 196.2 15.3 213 7 18.7 195 0 17.1 212 9 18.7 194 2 16.0 Equals' Disposable personal income do Personal saving § do ___ 223.7 141 7 136.6 116.0 40 16.5 4.1 16.2 * 4 3 PERSONAL INCOME, BY SOURCE Seasonally adjusted, at annual rates: Total personal income _ . _. bil. of dol Wage and salary receipts, total _ _ do Employer disbursements, total do Commodity-producing industries Distributive industries Service industries _ do do 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 ___ 215.4 136. 5 138.7 61.9 40.2 16.9 19 7 216. 3 137.7 139.9 62.8 40.4 16.7 20.0 216.3 138.1 140.3 62.7 40.4 16.9 20 3 216.6 137.5 139 7 62.7 39.8 16 9 20 3 217.0 137.1 139.4 62.3 40.0 16.9 20 2 215.7 1316 138 9 61.4 40 2 17 0 20 3 212.9 135 0 137 3 60.6 39 5 16 9 20 3 212.4 133 5 135 8 58.9 39 4 17 1 20 4 212.5 134 7 136 8 58.6 40 5 17 1 20 6 213.1 135.0 137 2 58.3 41 1 17 3 20 5 "•211.9 ' 133. 9 r 136 2 ••58.1 r 40 3 17 1 2.2 2.0 49.5 16.3 11.1 2.2 2.0 49.4 16.5 10.7 2.2 2.0 49.0 16.8 10.4 2 2 2.0 49 8 16.9 10.4 2 3 2.0 50.3 16.9 10.7 2 3 2.0 49 0 17.0 11.1 2 3 2.1 47 2 17.1 11 5 23 21 47 3 17.1 12 4 21 21 46 3 17.2 12 2 2 2 21 46 7 17.3 12 0 23 22 192.0 193.3 192.9 192.8 193.6 192.6 191.7 191.4 192.3 192 6 r r 20 7 r 46 5 >-17. 2 12 1 r 191. 5 r 20 9 211.5 134 5 136 7 58.0 40 6 17 2 20 9 2 2 21 r 44 2 ' 17.1 12 1 2 2 2 2 45 5 17.0 12 3 191 2 192 1 209.7 r 134. 2 r 136 4 r 57.8 MO 5 r 17 2 NEW PLANT AND EQUIPMENT EXPENDITURES All industries, quarterly total Manufacturing Mining Railroad Other transportation _ Electric and gas utilities Commercial and miscellaneous mil. of dol do ___ _ do do_ _ do __ _do do 4,830 2,090 200 320 170 690 1,360 5,410 2,320 220 410 170 850 1,440 4 460 1, 850 190 360 130 680 1,260 r 4 660 1, 880 r 190 r 380 140 r 780 r 1, 290 r «• Revised. 11ncludes inventory valuation adjustment. § Personal saving is excess of disposable income over personal consumption expenditures shown as a component of gross national product above. 857500—49 4 S-l