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* BUSINESS STATISTICS JL HE STATISTICS here are a continuation of the data published in BUSINESS STATISTICS, the 1955 Statistical Supplement to the SUKVEY OF CURRENT BUSINESS. That volume (price $2.00) contains monthly data for the years 1951 through 1954 and monthly averages for earlier years back to 1929 insofar as available; it also provides a description of each series and references to sources of monthly figures prior to 1951. Series added or revised since publication of the 1955 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. In most instances, the terms "unadjusted" and "adjusted" used to designate index numbers and dollar values refer to adjustment of monthly figures for seasonal variation. Statistics originating in Government agencies are not copyrighted and may be reprinted freely, through the courtesy of the compilers, and are subject to their copyrights. Unless otherwise stated, statistics through 1954 and descriptive notes are shown in the 1955 edition of BUSINESS STATISTICS Data from private sources are provided 1954 1955 DecemOctober NovemAugust September ber ber January February March April May June July August GENERAL BUSINESS INDICATORS NATIONAL INCOME AND PRODUCT Seasonally adjusted quarterly totals at annual rates: National income, total _ bil. of dol 298 7 303 2 311.4 320.7 do _ do do do do do 207.8 196 1 162 1 94 24 5 11 7 209 8 198 1 163 8 93 25 o 11 8 213.1 200 8 166 5 91 25 3 12.2 219.5 207.0 171 7 9.3 25 9 12.5 do do do do - _ adjustof dol do do do do _ do 48 3 26 0 11 7 10.6 48 26 11 10 2 3 2 7 48.8 26 6 11.5 10.7 48.7 27 1 11.0 10.7 33.1 33 5 16 8 16 7 —.5 9 5 35.5 36 0 18 1 17 9 —.5 97 39.6 40.9 20 5 20.4 —1.3 9.9 42.2 43.0 21.6 21.4 Compensation of employees, total Wages and salaries, total Private Military Government civilian Supplements to wages and salaries Proprietors' and rental income, totalcf Business and professionalcf1 Farm Rental income of persons Corporate profits and inventory valuation ment, total bil. Corporate profits before tax total Corporate profits tax liability Corporate profits after tax Inventory valuation adjustment Net interest o 10.3 do 358 8 367 1 375.3 384.8 Personal consumption expenditures, total. _ _ do Durable goods do Nondurable goods do Services do 237.9 29 4 121.5 87 0 241.0 30 4 122.5 88 1 245.8 34 4 122.4 89 0 250.5 35.1 125.3 90.2 Gross private domestic investment total New construction Producers' durable equipment Change in business inventories 45 9 28 5 22 2 -4.9 50 29 21 — 54. 1 31 2 21.5 1.5 60.1 32.1 23.7 4.3 Gross national product total do do do do —.7 Net foreign investment - do _ _ Government purchases of goods and services, total bil of dol Federal (less Government sales) do National security 9 do State and local do 7 4 9 6 -.4 -.7 75 8 47.7 42 1 28 1 74 45 40 28 5 7 5 7 75 8 46.4 41 2 29 4 74.9 45.2 40.4 29 7 .9 Personal income, total Less* Personal tax and nontax payments Equals: Disposable personal income do do do 287.3 32 8 254.5 290.8 33 1 257.8 293.6 32.6 261.0 300.5 33.4 267.1 Personal saving § do 16.6 16 8 15.3 16.6 PERSONAL INCOME, BY SOURCE Seasonally adjusted, at annual rates: Total personal income 286 7 287 9 288 4 290 8 293 4 292 2 293 2 295 7 298 9 301 4 301.6 ' 305. 3 305.0 195 8 83 1 52 5 26.3 33 9 195 8 82 8 52 5 26.3 34 2 196 8 83 4 52 7 26 5 34 2 198 6 85 2 52 5 26.6 34 3 198 8 84 8 53 1 26.6 34 3 199 3 85 4 52 9 26.8 34 2 200 3 86 3 53 0 26.7 34 3 202 6 87 8 53 6 27.0 34 2 204.6 88 9 53.6 27.2 34 9 207.3 90 6 54.5 27.4 34 8 208.0 90 9 54.9 27.4 34.8 ' 212. 4 '91.7 '55.7 '27.8 37.2 211.6 92.0 56.0 27.9 35.7 6 6 48.1 24 7 16 1 66 49.0 24 7 16.3 6 47 24 17 7 5 9 0 6 7 48.3 24 9 16 8 6 7 48.9 26 5 17 1 6 8 49.1 25 0 17 0 6 8 48.8 25 3 17.0 68 48.5 25 5 17.4 6.9 49.0 25 9 17^6 6.9 48.8 26 1 17.5 6.9 48.5 26 3 17! 1 7.0 '47.9 '26 4 16.9 7.0 48.3 26.6 16.8 46 45 45 45 46 50 50 51 51 52 5 2 5.3 5.3 280.9 283.7 286.6 272.1 273. 8 275.9 278.1 276.5 277.7 Total nonaericultural income _ _ _ _ _ _ _ _ _ d o 271.5 r Revised. c* Includes inventory valuation adjustment. 9 Government sales are not deducted. § Personal saving is excess of disposable income over personal consumption expenditures shown as a component of gross national product above. 287.2 '291.7 290.9 Wage and salary disbursements total Commodity-producing industries Distributive industries Service industries Government bil of dol do do do do do Other labor income do Proprietors' and rental income do Personal interest income and dividends do Transfer payments do Less personal contributions for social insurance bil of dol S-l 357487°—55 4 September