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* BUSINESS STATISTICS

Wlontki

JL HE STATISTICS here are a continuation of the data published in BUSINESS STATISTICS, the 1951 Statistical Supplement to the SURVEY
OF CURRENT BUSINESS. That volume (price $1.50) contains monthly data for the years 1947 to 1950, 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 1947. Series
added or revised since publication of the 1951 Supplement are indicated by an asterisk (*) and a dagger (t), 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 November 1951 for selected series will be found in the Weekly Supplement to the SURVEY.
Unless otherwise stated, statistics through
1950 and descriptive notes are shown in the
1951 Statistical Supplement to the Survey

1950

November

1951

December

January

February

March

April

May

July

June

August

September

October j Nob™m-

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
Wa^es and salaries total
do
Private
do
IVTilitary
do
Government civilian
do
Supplements to wages and salaries
do
Proprietors' and rental income, totalcf
do
Business and prof essional o71
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 .

277.9
180.4
171.6
141.1

260.1
165 2
157 2
132.7
6 6
17.9
7 9
47.2
23 0
15.8

269.4
172 1
163.6
137.1

8.5

8.7

48.8
24.1
16.4

48.1
23.6
16.3

8.3

8.2

49. 1
23.4
17.3

42.2
50.3
22.5
27.8
-8.2

42.9
51.8
31 1
20.7
-8.9

43.0
45.4
27 0
18.4
—2.3

42.6
39.8
23 7
16. 1

5.7

2.8
5.8

274.3
177 4
168.8
140.5

7.8

18.8

8.4

5.6

5.6

r

8.8

8.4

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

303.7
198 4
29.4
104.9
64.0
60.2
23.3
25. 0
11.8
-2.7

319.0
208.2
31.5
111.5
65.2
60.1
23.9
25.9
10.3
-2.7

327.8
201.7
25.9
109.5
66.2
65.6
22 5
27.2
15.9

327.6
202 5
25.3
110.0
67.2
55. 7
21 5
28. 1
6. 1

47.8
27.3
20.4

53.4
32.3
21.1

60.4
38.9
21.4

68. 2
46. 6
21.6

Personal income, total
do
Less' Personal tax and nontax payments
do
Equals' Disposable personal income
do
Personal saving §
_
__do

238. 3
23.1
215. 2
16.8

244. 1
27.4
216.8

249.9
28.0
221.8
20.1

253 2
28. 4
224 7
22.2

1.2

.0

8.5

PERSONAL INCOME, BY SOURCE
Seasonally adjusted, at annual rates:
Total personal income
bil. of dol
Wai T e 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

236.4
1 54. 2
157.3
69.9
43.2
19.5
24.7

244.4
155.9
158.9
70.8
43.6
19.6
24.9

243.6
158 0
161. 6
71.7
44 3
19.9
25.7

243.3
160 0
163. 4
72.4
44 5
19.8
26.7

245. 5
162.2
165.9
73.7
44.9
20.0
27.3

249 0
164 8
168. 2
75.0
45 3
20.1
27 8

249 8
165 1
168. 8
74.6
45 6
20 2
28 4

251.0
166 4
169. 9
75.2
45 6
20.3
28.8

252 4
167 1
170.6
74.8
46 0
20 3
29 5

253 7
167 4
170.8
74.5
46 2
20 3
29 8

253 6
168 3
171.7
75.0
46 4
20 3
30 0

3.1
3.7

3.0
3.7

3.6
3.7

3.4

3.7
3.8

3.4

3.5
38
48 0
20. 0
12 8

3 5
38
49 2
19.7
12 6

3 4
38
49 7
20.1
12 7

34
38
48 3
20.7
12 5

r 50 5
20.8
r
12 9

36
39
49 1
20.7
12 6

230 1

230 1

231 3

232 1

234 5

235 1

47.2
19.5
11.8

48.1
25.0
11.7

50 5
18.8
12.6

38
48 2
19.2
12 1

47.7
19.7
12.1

38
48 1
20.2
12 1

37
38
48 0
20.2
12 7

215.5

223. 4

221 4

222 9

225. 2

227 8

229 0

257 5
T 169 5
173. 1
r
75. 1

r

r 4(5 ]
r 2Q 4

31 5
36
Q Q

256 7
170 4
174.0
75.0
46 0
20 5
32 5

NEW PLANT AND EQUIPMENT
EXPENDITURES
All industries, quarterly total t Manufacturingt
Mining
__
_
Railroad
_ Other transportation
Electric and gas utilities Commercial and miscellaneous

-

mil. of doL
...
__do _
do
_,_
-do. _
_-do
do. _
do. _ _

5,517
2,474

198
320
145
935

1,445

4, 863
2, 154

183
303
125
753

1,345

5 913
2 802

203
412
136
893
1,467

i 5 505
i 3 345
i 2^1
i 472
i 135
i i Q75
i l! 257

5 844
2 841

199
377
120
933

1.374

r

l
Revised.
Estimates for October-December 1951, based on anticipated capital expenditures of business.
c?Includes inventory valuation adjustment.
IPersonal saving is excess of disposable income over personal consumption expenditures shown as a component of gross national product above.
{Data have been revised beginning 1945; revisions prior to the last quarter of 1950 are shown on pp. 16 and 20 of the December 1951 SURVEY.




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