Full text of The National Income and Product Account : Fourth Quarter 1950

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

BUSINESS STATISTICS

WlontU.

JL 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.
Data subsequent to January 1951 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

1951

1950

January

February

March

April

May

June

July

August

September

October

November

December

January

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 cT
do
Business and professionalcf
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

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
4.5
16.6
7.3
41.2
22.3
11.7
7.1

244.0
155 3
147.8
125 3

162. 7
155.1
130.3

7.4
45 5
24.6
13 5
7.4

7.6
46.3
24.3
14.4
7.6

28.1
29.2
13.2
16.0
— 1.0
5.0

35.0
37.4
16.5
20.9
—2 4
5.0

38.1
46.4
20.6
25.8
—8 3
5.0

— 8.5
5.1

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

263 3
182.6
26.4
97.9
53.3
41.8
20.0
19.5
2.3
— 1.7

271 6
1"5 8
26.5
99 9
59.5
47 7
21. 5
21 8
4 4
—1 7

283 9
198. 9
34.0
104.5
60 4
47.8
23.0
26.3
—1 5
-3.3

300.3
195.8
30.0
104.3
61 5
60.2
22.9
26.1
11.2
-3.4

40.5
21 8
18 7

39.9
21 1
18.8

40.4
20 9
19 5

47.6
26.9
20 8

Personal income, total
Less: Personal tax and nontax payments
Equals* Disposable personal income
Personal saving§_ _
_

216 4
19.0
197 4
14.8

215. 1
19.5
195 6
9.8

do
do
do
do_

224
20
204
5

234.9
23.3
211.6
15.8

9
3
6
7

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 __

214.6
132.2
135.0
56.7
39.5
17.9
20.9

215.4
131.5
134.2
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

220.7
141.7
144. 5
63.3
40.9
18.7
21.6

225.4
145.5
148. 5
65.6
41.7
18.8
22.4

228.7
147.8
150.6
66.5
41.6
18.8
23.7

231. 1
150.7
153.8
68.6
41.9
19.2
24.1

232.9
152.1
155.1
69.1
41.9
19.3
24.8

' 241. 0
' 154. 3
' 157. 2
' 70.0
'42.4
'19.4
25.4

239.2
155. 2
158.7
70.1
42.9
19.7
26.0

2.8
3.0
43.5
17.5
18.4

2.7
3.0
41.0
17.7
22.2

2.8
3.3
40.2
18.0
24.2

2.8
3.3
39.8
18.2
17.2

2.8
3.4
41.5
17.8
14.1

3.0
3.4
42.3
17.8
13.4

2.8
3.4
45.5
17.8
12.3

3.0
3.4
46.1
18.4
12.0

2.8
3.4
45.0
21.1
11.4

3.1
3.4
45.7
19.2
12.1

3.0
3.4
46.2
19.4
11.8

2.9
3.4
'47.0
' 24. 7
11.6

3.5
3.5
49.2
18.8
12.5

195.2

199.0

203.7

198.7

198.4

200.7

202.7

207.3

211.2

212.7

213.9

r 221. 9

219.1

NEW PLANT AND EQUIPMENT
EXPENDITURES
AH industries, quarterly total
mil. of doL
3,700
4,330
4,690
i 5, 410
Manufacturing
do
1,520
1,860
2 050
i 2. 520
Mining. __ _ _
___ d o .
150
160
180
1200
Railroad
do
230
300
!320
280
Other transportation
do
80
90
120
i 140
Electric and gas utilities
do
650
760
820
!990
1
Commercial and miscellaneous
do
1,060
1,160
1,230
1, 240
r
!
Revised.
Estimates based on anticipated capital expenditures of business; those for 1951 are shown on p. 20 of the February 1951 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: see
pp. 28-35 of the July 1950 SURVEY for the revised figures,
cflncludes inventory valuation adjustment.
§Personal saving is excess of disposable income over personal consumption expenditures shown as a component of gross national product above.




S-l