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SUEVEY OF CUREENT BUSINESS 14 October 1973 NATIONAL INCOME AND PRODUCT TABLES 1972 1971 1972 11 III 1972 1973 IV I II IIIP 1971 1972 II III Seasonally adjusted at annual rates 1973 IV I II III* Seasonally adjusted at annual rates Billions of current dollars Billions of 1958 dollars Table 1.—Gross National Product in Current and Constant Dollars (1.1, 1.2) Gross national product. ,055.5 1,155.2 1,142.4 1,166.5 1,199.2 1,242.5 1,272.0 1,304.0 Personal consumption expenditures.. Durable goods Nondurable goods. Services Gross private domestic investment. Fixed investment Nonresidential. Structures Producers' durable equipment.. Residential structures. Nonfarm Farm Change in business inventories. Nonfarm Farm 745.4 790.7 785.6 796.7 812.3 829.3 834.3 841.6 667.2 726.5 719.2 734.1 752.6 779.4 795.6 813.4 496.3 526.8 523.4 531.0 540.5 552.7 553.3 556.8 103.6 278.7 284.9 153.2 117.4 299.9 309. 2 115.1 297.9 306.2 120.2 302.3 311.6 122.9 310.7 319.0 132.2 322.2 325.0 132.8 330.3 332.6 132.1 340.8 340.5 92.2 211.6 192.4 104.0 220.9 201.8 101.9 220.7 200.8 105.8 222.2 202.9 109.2 225.8 205.4 117.0 228.8 207.0 116.2 228.0 209.1 114.9 230.0 211.9 178.3 174.7 181.5 189.4 194.5 198.2 206.7 110.3 122.9 121.0 124.8 129.1 130.2 130.2 134.0 147.1 172.3 169.2 172.9 181.2 189.9 193.7 198.0 105.0 118.3 116.7 118.2 122.8 126.9 126.9 128.1 104.4 37.9 66.5 118.2 41.7 76.5 116.3 41.5 74.9 118.3 41.3 77.0 124.3 43.0 81.2 130.9 45.3 85.5 134.1 47.2 86.9 138.7 50.0 88.8 76.1 22.5 53.6 83.7 23.0 60.8 82.5 23.0 59.5 83.4 22.7 60.7 87.5 23.1 64.3 91.2 23.8 67.4 91.5 24.4 67.2 93.6 25.5 68.1 42.7 42.2 .6 54.0 53.5 52.8 52.3 .5 54.5 53.9 56.9 56.4 .5 59.0 58.4 .6 59.6 59.1 .5 59.3 58.7 .6 29.0 28.6 .4 34.6 34.2 .4 34.2 33.9 .4 34.7 34.3 .4 35.3 35.0 .3 35.6 35.3 .4 35.3 35.0 .3 34.6 34.2 .4 6.1 4.5 1.6 6.0 5.6 .4 5.5 4.8 .7 8.7 8.4 .3 8.2 7.9 .3 4.6 4.4 .2 4.5 4.4 .1 8.7 7.2 1.5 5.3 3.8 1.4 4.6 4.5 .1 4.3 4.0 .3 6.6 6.6 .0 6.3 6.2 .1 3.3 3.2 .1 3.4 3.3 .1 5.9 5.1 .8 -2.0 -2.8 -.9 2.0 5.6 5.4 56.4 54.1 56.8 56.6 57.5 59.6 60.3 65.3 63.3 66.6 61.1 66.1 60.7 144.0 141.8 143.5 144.4 145.2 145.4 62.9 58.8 58.6 58.2 58.2 57.3 81.1 83.0 85.0 86.2 87.0 Net exports of goods and services Exports Imports Government purchases of goods and services Federal National defense.. Other State and local. -4.6 -5.7 -3.8 -3.5 2.8 4.0 .4 66.3 65.5 73.5 78.1 69.9 75.6 74.0 77.7 79.7 83.2 89.7 89.7 97.2 94.4 102.7 98.8 52.7 52.4 234.3 255.0 254.2 254.7 260.7 268.6 275.3 279.9 138.4 98.1 71.6 26.5 104.4 74.4 30.1 106.7 76.6 30.1 102.3 71.9 30.4 102.7 72.4 30.3 105.5 74.3 31.2 107.3 74.2 33.1 107.1 73. 33.5 60.9 136.2 150.5 147.5 152.4 158.0 163.0 168.0 172.8 58.4 143.0 60.8 82.2 Table 2.—Gross National Product by Major Type of Product in Current and Constant Dollars (1.3, 1.5) Gross national product . 1,055.5 1,155. 2 1,142. 4 1,166.5 1,199.2 1,242.5 1,272.0 1,304.0 745.4 790.7 785.6 796.7 812.3 829.3 834.3 841.6 Final sales _. Change in business inventories. Goods output. 1, 049. 4 1,149.1 1,136. 9 1,157. 8 1,191. 0 1, 237. 8 1, 267. 5 1, 295. 3 6.1 4.5 6.0 4.6 5.5 8.7 8.2 8.7 497.1 541.4 536.4 548.6 563.6 589.6 604.2 621.8 740.1 5.3 786.1 4.6 781.3 4.3 790.0 6.6 806.0 6.3 826.0 3.3 831.0 3.4 835.8 5.9 Final sales Change in business inventories. Durable goods Final sales Change in business inventories. 491.1 6.1 535.4 6.0 531.0 5.5 193.1 191.1 2.0 219.1 214.1 4.9 Nondurable goods Final sales Change in business inventories. 304.0 299.9 4.1 447.4 110.9 Services... Structures. 396.1 423.9 421.5 428.4 438.4 452.1 453.9 457.2 390.8 5.3 419.3 4.6 All.2 4.3 421.7 6.6 432.1 6.3 448.7 3.3 450.5 3.4 451.4 5.9 249.7 242.4 7.3 613.1 8.7 252.7 244.3 8.4 163.0 161.3 1.7 184.1 180.2 3.9 180.4 177.7 2.7 186.2 181.8 4.4 196.3 188.0 8.2 203.4 200.3 3.2 207.1 201.8 5.4 207.3 201.3 6.0 Ml. 2 346.9 .3 354.5 357.3 -2.8 369.1 368.8 .4 233.1 229.5 3.6 239.8 239.1 .7 241.1 239.5 1.6 242.2 240.0 2.2 242.1 244.1 —1.9 248.7 248.5 .2 246.7 248.7 -2.0 249.9 250.0 -.1 514.8 138.1 527.7 140.1 540.0 142.1 280.1 69.1 292.6 74.2 290.3 73.8 294.5 73.8 298.8 75.1 300.6 76.7 304.1 76.3 308.1 76.3 555.4 8.2 233.2 222.8 10.4 585.0 4.6 599.6 4.5 214.6 211.4 3.2 539.9 8.7 222.6 216.8 5.8 242.5 238.1 4.4 322.3 321.2 1.1 321.9 319.6 2.3 326.0 323.1 2.9 330.3 332.5 —2.2 487.3 126.5 481.5 124.4 491.8 126.2 503.9 131.7 Table 3.—Gross National Product by Sector in Current and Constant Dollars (1.7, 1.8) Gross national product Private. Business... Nonfarm Farm.. 1,055.5 1,155.2 1,142.4 1,166.5 1,199.2 1,242.5 1,272.0 1,304.0 S30.3 1,019.7 1,008.6 1,030.0 1,060.0 1,098.9 1,126.2 1,155.8 . ._ Households and institutions Rest of the world General government Federal State and local 745.4 790.7 785.6 796.7 812.3 829.3 834.3 841.6 684.7 729.5 725.0 735.3 750.3 767.1 772.0 779.1 662.2 636.3 26.0 706.6 682.0 24.6 702.6 677.4 25.2 712.3 688.7 23.6 726.8 702.5 24.2 742.9 718.1 24.8 748.3 725.9 22.4 755.2 734.0 21.2 18.6 889.9 859.4 30.4 975.4 941.0 34.4 965.2 931.3 33.9 33 5 36 8 37 5 7 6 40 5 8 9 41 7 9 1 16 8 5 6 17.4 17.5 17.4 18.0 18.2 8.7 39 3 91 17.4 7.5 36 6 6 8 37 8 7.0 5.5 5.0 5.5 6.2 6.3 5.5 5.3 135.4 50 3 85.1 133.8 50 0 83.8 136.5 50 2 86.4 139.2 50 5 88.7 143.5 52 5 91.1 145.8 52 2 93.6 148.2 52 2 96.0 60.7 23 0 37.6 61.1 21.8 39.3 60.6 21.7 38.9 61.3 21.7 39.7 62.0 21.7 40.3 62.2 21.6 40.6 62.4 21.4 41.0 62.5 21.2 41.3 125.1 47.6 77.6 984.9 1, 013. 6 1,050.5 1,076. 8 1,105.1 951.0 976.9 1, 008. 9 1,033. 5 1,056.0 43.3 33.9 41.6 49.0 36.7 HISTORICAL STATISTICS T H E 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 District Offices or the Superintendent of Documents; see addresses inside front cover). Each July SURVEY contains preliminary data for the latest 2 years and fully revised data for the preceding 2. The July 1973 issue has data for 1969-72. Prior July issues have fully revised data as follows: 1968-69, July 1972; 1967-68, July 1971; 1966-67, July 1970; 1965-66, July 1969; 1964-65, July 1968. BEA will provide on request a reprint of the fully revised data for the years 1964-69. Preliminary. v CURRENT BUSINESS STATISTICS JLHE STATISTICS here update series published in the 1971 edition of BUSINESS STATISTICS, biennial statistical supplement to the SURVEY OF CURRENT BUSINESS. That volume (available from the Superintendent of Documents for $3.00) provides a description of each series, references to sources of earlier figures, and historical data as follows: For all series, monthly or quarterly, 1967 through 1970 (1960-70 for major quarterly series), annually, 1947-70; for selected series, monthly or quarterly, 1947-70 (where available). Series added or significantly revised after the 1971 BUSINESS STATISTICS went to press are indicated by an asterisk (*) and a dagger (f), respectively; certain revisions for 1970 issued too late for inclusion in the 1971 volume appear in the monthly SURVEY beginning with the September 1971 issue. Also, unless otherwise noted, revised monthly data for periods not shown herein corresponding to revised annual data are available upon request. The sources of the data are given in the 1971 edition of BUSINESS STATISTICS; they appear in the main descriptive note for each series, and are also listed alphabetically on pages 189-90. Statistics originating in Government agencies are not copyrighted and may be reprinted freely. Data from private sources are provided through the courtesy of the compilers, and are subject to their copyrights. 1971 1970 Unless otherwise stated in footnotes below, data through 1970and descriptive notes areas shown in the 1971 edition of BUSINESS STATISTICS 1970 1972 III Annual total 1971 IV I II 1973 1972 | III | IV I | II | III IV III v II I Seasonally adjusted quarterly totals at annual rates GENERAL BUSINESS INDICATORS—Quarterly Series NATIONAL INCOME AND PRODUCTf bil.$_ 977.1 1,055.5 1,155. 2 987.4 991.8 1,027.2 1,046.9 1,063.5 1,084.2 1,112.5 1,142.4 1,166.5 1,199.2 1,242.5 1,272.0 304.0 Personal consumption expenditures, total..do... 617.6 667.2 726.5 623.7 628.3 650.0 662.2 673.0 683.4 700.2 719.2 734.1 752.6 779.4 795.6 813.4 Durable goods, total? do... Automobiles and parts ..do... Furniture and household equipment..-do... Nondurable goods, total? do... Clothing and shoes do Food and beverages do... Gasoline and oil do... Services, total? do. Household operation _ do. Housing do. Transportation do. 91.3 37.3 103.6 46.6 42.1 117.4 52.8 48.1 93.4 39.1 88.1 33.1 40.3 100.3 44.7 41.3 101.9 45.5 41.6 105.4 48.3 41.9 106.7 47.8 43.6 111.5 49.4 46.6 115.1 51.2 47.3 120.2 55.0 48.6 122.9 55.7 50.0 132.2 60.5 53.7 132.8 59.7 54.4 132.1 58.9 54.6 263.8 52.8 130.0 22.2 278.7 57.0 136.6 23.5 299.9 62.3 145.3 25.5 265.7 52.7 131.5 22.3 271.1 54.5 133.3 22.7 273.5 55.7 134.1 22.9 278.0 57.0 136.2 23.1 279.8 57.4 137.6 23.6 283.5 58.1 138.4 24.5 59.4 141.0 24.7 297.9 61.7 144.7 25.0 302.3 62.9 146.5 25.8 310.7 65.1 149.1 26.6 322.2 68.3 154.7 27.5 330.3 69.3 158.1 28.8 340.8 70.1 164.4 29.4 262.6 36.4 90.9 18.3 284.9 39.7 98.5 20.4 309.2 43.8 105.5 21.8 264.6 36.9 91.4 18.5 269.1 37.3 93.3 18.9 276.1 38.4 95.4 19.4 282.3 39.3 97.6 20.1 287.8 40.3 99.5 20.6 293.2 40.7 101.4 21.2 300.0 41.8 103.1 21.6 306.2 43.2 104.7 21.7 311.6 44.5 106.3 21.8 319.0 45.7 107.9 22.2 325.0 46.5 110.6 332.6 47.1 113.3 23.2 340.5 48.7 115.9 23.7 136.3 153.2 178.3 139.2 137.4 145.5 152.7 153.8 160.8 167.5 174.7 181.5 189.4 198.2 206.7 131.7 100.6 36.1 64.4 31.2 30.7 4.5 4.3 147.1 104.4 37.9 66.5 42.7 42.2 6.1 4.5 172.3 118.2 41.7 76.5 54.0 53.5 6.0 5.6 133.2 102.8 36.4 66.5 30.4 29.9 6.0 5.8 132.3 98.5 36.5 62.0 33.8 33.1 5.1 4.9 138.5 101.4 37.0 64.4 37.1 36.6 7.0 5.8 145.0 103.6 37.6 66.0 41.5 41.0 7.6 6.3 149.5 104.7 38.4 66.3 44.8 44.1 4.3 2.4 155.6 108.0 38.5 69.5 47.5 46.9 5.3 3.5 165.8 114.0 41.0 73.1 51.8 51.2 1.7 1.4 169.2 116.3 41.5 74.9 52.8 52.3 5.5 4.8 172.9 118.3 41.3 77.0 54.5 53.9 8.7 8.4 181.2 124.3 43.0 81.2 56.9 56.4 8.2 193.7 134.1 47.2 86.9 59.6 59.1 4.5 4.4 198.0 138.7 50.0 88.8 59.3 58.7 8.7 7.2 62.9 59.3 66.3 65.5 -4.6 73.5 78.1 4.2 63.9 59.7 2.8 63.2 60.4 3.8 65.9 62.1 .5 67.1 1.1 69.1 68.0 -2.2 63.0 65.2 -5.5 70.3 75.8 -5.7 69.9 75.6 74.0 77.7 -3.5 79.7 83.2 189.9 130.9 45.3 85.5 59.0 58.4 4.6 4.4 .0 89.7 89.7 2.8 97.2 94.4 4.0 102.7 98.8 219.5 234.3 98.1 71.6 136.2 255.0 104.4 74.4 150.5 220.3 94.7 73.2 223.3 94.8 72.6 128.5 227.9 96.1 72.3 131.8 231.5 96.7 71.3 134.8 235.5 98.2 70.3 137.3 242.2 101.2 72.4 141.0 250.3 106.0 76.5 144.3 254.2 106.7 76.6 147.5 254.7 102.3 71.9 152.4 260.7 102.7 72.4 158.0 268.6 105.5 74.3 163.0 275.3 107.3 74.2 168.0 279.9 107.1 73.6 172.8 do. do. do do. do. do. 1,049.4 491.1 191.1 299.9 447.4 110.9 1,149.1 535.4 214.1 321.2 487.3 126.5 981.3 472.1 186.2 285.9 413.5 95.7 do. do. do.. 6.1 2.0 4.1 6.0 4.9 1.1 6.0 5.2 745.4 790.7 727.2 Gross national product, totalf Gross private domestic investment, total.._do. Fixed investment _ do.. Nonresidential do.. Structures do.. Producers' durable equipment do.. Residential structures do.. Nonfarm ...do.. Change in business inventories do.. Nonfarm do.. Net exports of goods and services Exports Imports do. do. do. Govt. purchases of goods and services, total .do.. Federal do.. National defense do.. State and local do.. By major type of product: t Final sales, total Goods, total Durable goods Nondurable goods Services... Structures Change in business inventories.. Durable goods Nondurable goods 125.6 7.9 22.8 194.5 986.7 1,020.2 1,039.2 1,059.2 1,078.9 1,110.8 1,136.9 1,157.8 1,191.0 1,237.8 1,267.5 1,295.3 599.6 585.0 555.4 613.1 539.9 531.0 515.2 501.1 482.1 485.9 495.2 465.9 242.4 238.1 222.8 244.3 216.8 211.4 205.5 196.2 192.8 187.4 188.1 175.0 357.3 346.9 332.5 368.8 323.1 319.6 309.7 304.9 302.4 290.9 294.7 297.8 514.8 527.7 503.9 540.0 491.8 481.5 471.8 460.9 450.8 421.0 433.9 444.0 138.1 131.7 140.1 142.1 126.2 124.4 123.8 117.0 113.2 99.8 104.1 109.3 4.5 4.6 8.2 8.7 8.7 5.5 1.7 5.3 7.0 7.6 4.3 5.1 7.3 10.4 4.4 8.4 5.8 3.2 .4 -.9 4.1 .7 4.2 -1.1 2 . 2 .3 .4 2.9 2.3 6.2 1.3 -2.8 6.2 2.9 3.7 3.4 GNP in constant (1958) dollars! Gross national product, totalf , bil.$.. Personal consumption expenditures, total..do Durable goods do Nondurable goods do Services do. Gross private domestic investment, total...do.. 722.5 477.5 496.3 526.8 480.9 719.3 477.5 735.1 489.5 83.8 206.5 187.2 92.2 211.6 192.4 104.0 220.9 201.8 85.6 207.2 188.1 79.3 209.8 188.4 89.3 210.2 189.9 740.4 493.6 746.9 498.0 759.0 504.1 768.0 512.5 785.6 523.4 812.3 829.3 834.3 841.6 531.0 540.5 552.7 553.3 556.8 117.0 228.8 207.0 116.2 228.0 209.1 114.9 230.0 211.9 796.7 90.2 211.8 191.7 93.6 211.5 192.9 95.8 213.0 195.3 99.2 215.0 198.2 101.9 220.7 200.8 105.8 222.2 202.9 109.2 225.8 205.4 103.4 110.3 122.9 105.4 102.1 106.6 110.3 109.5 114.8 116.5 121.0 124.8 129.1 130.2 130.2 134.0 do... ___do__. do... do... 99.5 77.2 22.2 3.9 105.0 76.1 29.0 5.3 118.3 83.7 34.6 4.6 100.5 78.6 21.8 4.9 97.6 73.5 24.1 4.5 100.7 74.8 25.9 5.8 103.8 75.5 28.3 6.5 105.5 75.6 29.9 4.0 110.1 78.4 31.7 4.7 115.4 81.5 34.0 1.1 116.7 82.5 34.2 4.3 118.2 83.4 34.7 6.6 122.8 87.5 35.3 6.3 126.9 91.2 35.6 3.3 126.9 91.5 35.3 3.4 128.1 93.6 34.6 5.9 Net exports of goods and services do.. Govt. purchases of goods and services, total .do... Federal do... State and local do... 2.3 .4 -2.0 3.0 2.0 2.4 -.2 -1.1 -3.7 -2.8 2.0 5.6 5.4 144.0 62.9 81.1 143.5 58.6 85.0 144.4 58.2 86.2 145.2 58.2 87.0 145.4 57.3 88.1 Fixed investment Nonresidential Residential structures Change in business inventories 139.3 138.4 143.0 138.0 137.8 64.3 60.9 60. 62.4 61.8 75.0 77.5 82.2 75.5 76.0 r Revised. * Preliminary. f Revised series. Estimates of national income and product and personal income have been revised back to 1969 (see p. 14ff.of the July 1973 SURVEY); revisions prior to May 1972 for personal income appear on pp. 27-28 of the July 1973 SURVEY. 142.7 141.1 138.6 136.7 136.7 63.0 62.5 61.1 60.1 59.9 79.7 79.1 77.5 76.6 76.8 9 Includes data not shown separately. 141.8 58.8 83.0 S-l SURVEY OF ( CURRENT BUSINESS S-2 Unless otherwise stated in footnotes below, data through 1970 and descriptive notes are as shown in the 1971 edition of BUSINESS STATISTICS 1970 1971 ! 1972 Annual total 1970 October 1973 1971 I IV II 1972 III IV I II 1973 III IV I in* II IV GENERAL BUSINESS INDICATORS—Quarterly Series—Continued NATIONAL INCOME AND PRODUCT—Con. Quarterly Data Seasonally Adjusted at Annual Rates National income, totalf bil. $.. 800.5 859.4 941.8 835.9 853.6 Compensation of employees, totalf do 603.9 644.1 707.1 610.6 627.6 638.8 648.8 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 542.0 426.9 19.6 95.5 61.9 66.9 50.0 16.9 23.9 573.8 449.7 19.4 104.7 70.3 68.7 51.9 16.8 24.5 627.3 493.3 20.3 113.8 79.7 74.2 54.0 20.2 24.1 546.7 429.2 19.0 98.5 63.9 66.2 50.0 16.2 24.4 559.8 438.5 19.8 101.6 67.7 67.9 50.9 16.9 24.4 569.3 446.3 19.3 103.6 69.6 68.3 51.7 16.6 24.7 69.2 80.1 91.1 65.9 75.8 13.6 55.6 27.8 17.3 10.5 15.2 64.9 32.5 17.8 14.7 17.5 73.6 40.1 20.0 20.2 14.2 51.7 23.7 17.5 6.3 14.0 61.8 31.8 17.6 14.2 7.8 20.1 8.6 23.9 24.2 7.3 20.7 74.0 34.8 39.3 24.7 14.6 -4.8 36.5 85.1 37.4 47.6 25.1 22.5 -4.9 42.0 98.0 42.7 55.4 26.0 29.3 -6.9 45.2 116.6 691.7 635.5 56.2 863.5 117.5 746.0 685.8 60.2 79.71 31.95 15.80 16.15 882.7 911.0 928.3 949.2 978.6 ,015.0 661.2 684.3 699.6 713.1 731.2 757.4 774.9 793.5 577.6 452.3 18.9 106.3 71.1 68.6 52.3 16.3 24.7 461.7 19.6 107.3 72.6 70.2 52.7 17.5 24.4 607.3 476.4 20.9 110.0 77.0 72.5 53.1 19.5 24.1 620.8 488.4 20.1 112.3 78.9 73.2 53.3 19.9 22.6 632.5 497.5 20.0 115.1 80.5 74.1 54.3 19.8 24.9 648.7 510.9 20.1 117.7 82.5 77.1 55.3 21.8 24.9 666.7 525.1 20.9 120.7 90.8 80.6 56.3 24.3 24.7 682.3 538.7 20.5 123.1 92.6 81.5 57.1 24.4 24.6 698.9 552.8 20.4 125.7 94.6 85.1 58.0 27.1 25.3 80.5 80.9 83.4 86.2 88.0 91.5 104.3 107.9 14.7 65.8 32.7 17.8 14.9 15.9 65.0 31.8 18.0 13.8 16.3 67.1 33.6 17.9 15.7 16.6 69.6 37.3 18.6 18.7 17.3 70.7 38.7 18.5 20.2 17.6 73.9 39.9 20.4 19.5 18.6 80.2 44.7 22.4 22.3 19.8 84.5 49.7 22.8 26.9 21.4 86.5 52.4 23.9 28.5 8.2 21.8 9.1 23.9 9.1 24.1 7.9 25.7 8.5 8.9 23.1 9.8 24.1 25.7 9.2 25.6 8.5 25.6 33.0 36.7 24.5 12.2 -3.8 39.2 80.8 37.0 43.8 25.3 18.5 -5.0 40.2 85.5 38.4 47.1 25.1 22.0 -5.0 41.4 87.0 38.0 49.0 25.2 23.7 -6.1 42.7 36.4 50.6 24.9 25.7 -3.6 43.5 92.8 40.6 52.2 25.7 26.5 -6.6 43.9 94.8 41.4 53.4 25.9 27.5 -6.7 44.8 98.4 42.9 55.6 26.2 29.4 -6.9 45.7 106.1 45.9 60.3 26.4 33.9 -7.3 46.6 119.6 52.7 66.9 26.9 40.0 -15.4 47.9 128.9 57.4 71.6 27.3 44.2 -21.1 49.4 939.2 142.2 797.0 747.2 49.7 822.9 115.7 707.2 646.6 60.6 840.0 112.6 727.4 668.3 59.2 859.5 115.5 744.0 680.6 63.5 870.2 118.1 752.0 691.8 60.2 884.4 124.0 760.4 702.6 57.8 910.8 138.0 772.8 720.0 52.9 926.1 140.7 785.4 739.5 45.9 943.7 142.8 800.9 755.1 45.8 976.1 147.4 828.7 774.3 54.4 996.6 145.1 851.5 801.5 50.0 81.21 29.99 14.15 15.84 88.44 31.35 15.64 15.72 21.66 8.66 4.26 4.40 17.68 6.69 3.11 3.58 20.60 7.55 3.52 4.03 20.14 7.31 3.40 3.91 22. 79 8.44 4.12 4.32 19.38 6.61 3.29 3.32 22.01 7.63 3.71 3.92 •21. 8 6 7.74 3.86 3.87 25.20 9.38 4.77 4.61 21.50 7. 47.76 51.22 13.06 2.16 1.67 1.88 1.38 .49 .34 .34 .28 .54 .47 .60 .36 13.14 10.65 2.49 10.10 16.59 15.30 12.86 2.44 10.77 18.05 12.99 .50 .43 .76 .33 3.74 3.12 .63 2.81 4.42 10.99 1.89 1.78 3.03 1.23 57.09 2.42 1.80 2.46 1.46 17.00 14.48 2.52 11.89 20.07 3.11 2.70 .41 2.50 3.94 3.83 3 20 .63 2.81 4.44 12.83 .55 .42 .39 .37 4.07 3.35 .71 2.62 4.42 14.35 .59 .45 .56 .37 4.29 3.60 .69 2.84 5.26 12.77 .58 .48 .50 .32 3.63 3.19 .44 2.72 4.55 14.38 .61 .48 .73 .39 4.24 3.61 .62 2.95 4.98 14.12 .59 .38 .61 .35 4.39 3 67 .72 2.84 4.97 15.83 .63 .47 .63 .40 4.74 4.01 .73 3.39 5.57 do. ..do. _do. do. 78.63 30.98 14.92 16.05 79.32 30.46 14.21 16.25 81.61 30.12 14.06 16.06 80.75 29.19 13.76 15.43 83.18 30.35 14.61 15.74 86.79 30.09 15.06 15.02 87.12 30.37 14.77 15.60 87.67 15.67 15.31 do.. do.. _do_ do_ do. do. do. ..do. do. do. 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 51.50 2.0$ 1.88 2.28 1 40 14.64 12.16 2.48 10.70 17.39 14.91 12.61 2.30 11.21 17. T2 51.56 2.23 1.72 1.68 1.48 15.87 13.56 2.30 10.73 17.85 52.82 2.30 1.64 2.26 1.33 15.74 13.01 2.74 10.44 19.10 56.70 2.42 2.10 1.96 1.48 16.92 14.27 2.65 11.71 20.10 56.75 2.38 1. 2.89 1.53 16.60 14.32 2.27 11.59 19.88 16,48' 10,87! 16,78: 10,79: Corporate profits and inventory valuation adjustment, total bil. $.. By broad industry groups: Financial institutions __....do Nonfinancial 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 INCOME f 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: All industries bil. $.. Manufacturing .do._. Durable goods industries 1. _ _ do... Nondurable goods industries ^ do... Nonmanufacturing Mining Railroad Air transportation Other transportation Public utilities Electric Gas and other C ommunioation Commercial and other -.. Seas. adj. qtrly. totals at annual rates: All industries Manufaeturing.. Durable goods industries % Nondurable goods industries % Nonmanufacturing Mining Railroad Air transportation Other transportation Public utilities Electric..-Gas and other... Communication.. Commercial and other do... do... do.._ do... .do... ___.do... do... do... do do... BALANCE OF INTERNATIONAL PAYMENTScf 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 ,038.2 28.1 -17.0 51.1 1,019.0 149.3 869.7 818.7 51.0 046.7 155.8 890.9 837.5 53.4 3.88 24.73 9.16 4.65 4.51 25.35 9.48 4.79 4.68 28.6? 11.00 5.70 5.30 13.69 .63 .46 .52 .32 3.95 3.45 .50 2.87 4.94 15.57 .71 .46 .72 .43 4.59 3.91 .68 3.27 5.40 15.87 .74 .50 .54 .43 5.16 4.24 17.62 .76 .59 .56 .35 5.67 4.69 .98 2 8.50 '9.70 91.94 33.64 16.86 16.78 96.19 35.51 17.88 17.63 56.70 2.40 1.50 2.6' 1.41 17.01 14.62 2.38 11 56 20.16 58.30 2.46 1.71 2.33 1.42 17.53 14.67 2.86 12.63 20.21 60.68 97.76 1101.8! 104.36 39.05 36.58 38.18 19.98 19.52 18.64 18.66 19.08 17.94 65.30 61. IS 63.70 2.94 3.00 2.77 2.16 2.03 1.75 2.05 2 37 •2.7: 1.33 1.72 1.6: 20.96 19.84 18.08 17.26 16.76 15.55 3.70 3.09 2.52 12.70 21.55 2 34.74 2 35.86 18,49 12,36 19,92 13,2: 22,61 15,32( 3.92 2.59 2.11 2.21 1.53 18.38 15.40 2.98 12.3' 21.53 U.S. Imports of goods and services do___ Merchandise, adjusted, excl. military __do.__ Direct defense expenditures.._ do Payments of income on foreign investments in the U.S ...mil. $.. Other services do. 62,91 41,964 66,28' 42,76! 73,462 48,76? 15,80! 10,45 1,47! 1,91 1,161 42! 11,4 8,055 12,89< 8,71( 13,92f 9,601 2.85C 2,067 -59,28< -39,78! -4,85! -5,167 -9,684 48! 498 15,73? 9,585 4: 2,98! 2,12! 3,31, 2,16! 3,03! 2,23 3,55 -65,48C -45,46e -4,82< -78,07: -15,09! -15,53 -55,68! -10,26' -10,7' -4,72 -1,17 -1,20; -16,650 -11,708 -1,21' -17,0C -11,9C —1,2C -16,2? -11,10 -1,23 -4,92' -10,25! -6,0& -11,60 -1,13 —2,59; -1,2? -2,5! -2,6: -1,21' -2,411 -2,45 Balance on goods and services, total do... 3,631 807 -4,610 7a 2,171 -2,69 -6,91 Merchandise, adjusted, excl. military do 18! «• Revised. * Preliminary. i Estimates (corrected for systematic biases) for JulySept, and Oct.-Dec. 1973 based on expected capital expenditures of business. Expected expenditures for the year 1973 appear on p . 19 of the September 1973 SURVEY. 2 includes communication, f See corresponding note on p. S-l. 9 Includes inventory valuation adjustment. © Personal outlays comprise personal consumption expenditures, interest paid by 17,28! 11,52! 17,58: 11,65J 17,46! 11,53' 32! 28! 3,31 3,27( 2,36( 2,2S -1,4' -2,85 16747 343 3,4' 2,3< -18,96: -18,88' -19,4; -13,471 -13,3: -13,93 -1,22: -1,242 - 1 , 1 -1,4! -2,84: P24,272 -1,55 -2,8C 3,8e 2,51 -20,7! -14,9J -1,1 -1,63' -3,04! 4, 2,79( -22,4 -16,28 -1,16! P4,236 P2,802 P-23,651 •16,97' l l -1,84 P-2,1 3lfr *>-3,3C 15 -8; 280 -56 -1,37 -1,4: x>-23( -38 -1,5 -1,82 -1,77 -1,5 -1,7' consumers, and personal transfer payments to foreigners. § Personal saving is excess of disposable income over personal outlays. Q _ n p . r 1n t h e UPata for individual durable and nondurable goods industries components appear m ™ Mar., June, Sept., and Dec. issues of the SURVEY. cTMore complete details appear in tne quarterly reviews in the Mar., June, Sept., and Dec. issues of the bURVEY.
@FedFRASER