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SUEVEY OF CURRENT BUSINESS 10 July 1951 Table 1.—National Income b [Millions of dollars] Line 1 2 National income __ Compensation of employees. _ 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 87, 814 75, 729 59, 708 42 547 40, 159 48, 959 57, 057 64,911 73 618 67 581 72 753 ! i 81,634 51, 085 46, 844 39, 740 31, 054 29, 539 34, 295 37, 340 42, 910 47, 934 44, 994 48, 108 52, 129 50, 423 45, 485 308 4,630 46, 187 41, 033 311 4,843 39 119 33, 861 304 4,954 30 477 25, 511 292 4,674 28, 997 23, 855 267 4, 875 33 705 27, 629 268 5,808 36 690 30, 189 303 6, 198 41 920 34, 054 334 7,532 46 107 38 614 354 7 139 42 976 34 752 365 7,859 45 941 37, 742 388 7.811 49,818 41, 395 563 7,860 1940 3 4 5 6 Wages and salaries Private Military Government civilian . 7 8 9 Supplements to wages and salaries _ Employer contributions for social insurance_-_ Other labor income 662 101 561 657 106 551 621 111 510 577 126 451 542 133 409 590 147 443 650 171 479 990 418 572 1 827 1, 234 593 2 018 1, 423 595 2, 167 1, 540 627 2, 311 1, 624 687 10 Income of unincorporated enterprises and inventory valuation adjustment. 14, 759 11,540 8,734 5,316 5,599 7,010 10, 387 10, 482 12, 691 11,128 11,610 13,010 8,791 8,649 142 5,968 7,410 6 655 755 4,130 5, 581 4 970 611 3, 153 3,384 3,089 295 1, 932 3,166 3,691 -525 2,433 4, 564 4,618 —54 2,446 5, 351 5,401 -50 5,036 6,530 6, 650 -120 3,952 7,073 7 102 -29 5,618 6,793 6 572 221 4,335 7,293 ; 7 459 !! -166 4,317 ! 5,425 4,778 3,761 2,713 1,971 1,694 1,661 1,776 2,081 2,560 2,742 10, 100 6,582 1,634 -1,970 -1,992 1,091 2,918 5,002 6,204 4,263 5,689 9,628 1,369 8, 259 5, 813 2,446 472 3,322 842 2,480 5,490 -3,010 3,260 -780 498 -1,278 4,088 -5,366 2,414 -3,017 385 -3, 402 2,565 -5, 967 1,047 151 521 -370 2,056 -2, 426 -2, 143 1,716 744 972 2,587 — 1,615 -625 3,145 951 2,194 2,863 -669 -227 5,740 1,409 4, 331 4,548 -217 -738 6, 235 1,502 4, 733 4,685 48 -31 3,300 1,029 2,271 3,187 -916 963 6,403 1,441 4,962 3,788 1,174 -714 6,445 5,985 5,839 5,434 5,042 4,869 4,751 4,741 4,708 4,636 4,604 11 12 13 14 Business and professional __ Income of unincorporated enterprises Inventory valuation adjustment Farm 15 Rental income of persons 16 Corporate profits and inventory valuation adjustment, 17 18 19 20 21 22 23 Corporate profits before tax Corporate profits tax liability _ Corporate profits after tax Dividends __ _ Undistributed profits Inventory valuation adjustment -- - - Net interest ; 8,442 8,487 -45 4,568 2,885 9,120 i ! • i i 9,320 2,834 6,486 4,043 2,443 -200 4,490 Table 2.—Gross National Produe [Millions of dollars] 1929 Line 1 2 3 4 5 6 7 8 9 Gross national product Personal consumption expenditures Durable goods Nondurable goods Services _ Gross private domestic investment New construction Residential nonfarm Other . _ _ _ _ _ - _ 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 104, 436 91, 105 76,271 58, 466 55, 964 64, 975 72, 502 82, 743 90, 780 85, 227 91,095 100, 618 78,952 70, 968 61,333 49, 306 46,392 51,894 56, 289 62, 616 67, 259 64, 641 67, 578 71,881 9,212 37, 677 32, 063 7.155 34,010 29, 803 5,485 28, 946 26, 902 3,646 22, 758 22, 902 3, 469 22, 251 20, 672 4,213 26, 656 21,025 5,111 29, 319 21,859 6,304 32 836 23, 476 6,925 35, 185 25, 149 5,686 33 985 24, 970 6,670 35 131 25, 777 7,771 37, 215 26, 895 16, 231 10, 265 ' 5,523 913 1,391 2,888 6,277 8,404 11,747 6,661 9,309 13, 155 8,707 3 625 5,082 6,183 2,075 4,108 3,968 1,565 2,403 1, 876 630 1,246 1,431 470 961 1,709 625 1,084 2, 299 1,010 1,289 3,281 1,565 1,716 4,403 1,875 2,528 3,960 1,990 1 970 4. 757 2.680 2 077 5,452 2,985 2,467 1940 10 Producers' durable equipment 5,850 4,465 2,839 1,593 1.589 2,304 3,066 4,169 5,095 3,644 4,180 5,531 11 12 13 Change in business inventories Nonfarm _ _ _ _ _ _ Farm 1, 674 1, 836 -162 -383 -83 —300 -1,284 -1,608 324 -2, 556 -2, 590 34 -1,629 -1,370 -259 -1,125 195 — 1,320 912 376 536 954 2,066 — 1, 112 2,249 1,726 523 -943 -1,046 103 372 316 56 2,172 1,902 270 771 690 197 169 150 429 -54 -93 62 1,109 888 1,509 8,482 9,182 9,218 8,078 8,031 9,764 9,990 11,816 11,712 12,816 13, 320 14, 073 1,311 1,410 1,537 1,480 2,018 2,991 2,931 4,815 4,552 5 280 5 157 1,258 6, 170 2,223 1,344 1,432 1,549 1,484 2,022 2,997 2,935 4,818 4,557 5,286 33 22 12 4 4 6 4 3 5 6 3,908 9 3,956 9 7,171 7, 772 7,681 6,598 6,013 6,773 7,059 7,001 7,160 7,536 8,163 7,903 14 Net foreign investment __ 15 Government purchases of goods and services. _ _ _ 16 17 18 19 20 21 Federal 22 State a n d local _ National security National defense Other national security Other Less* Government sales - -__ _ _ - . _ _ _ - _ _ ( istributive Shares, 1929-55 1941 11 SURVEY OF CURRENT BUSINESS Lily 1956 1942 1943 [Millions of dollars] 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 Line 104,710 137, 694 170,310 182, 639 181, 248 179, 577 197, 168 221, 641 216, 193 239, 956 277, 041 290, 177 302, 129 298,335 324, 048 1 64, 7,89 85, 271 109, 587 121, 286 123, 181 117, 697 128,757 140,927 140,858 154, 325 180, 420 195, 095 208,069 206,900 223, 192 2 62, 086 51,894 1.866 8,326 82, 109 66, T/3 6,168 9,818 105, 828 79, 197 14, 133 12, 498 116, 823 83, 843 20, 033 12, 947 117, 577 82, 664 21,819 13, 094 111,836 91, 241 7,818 12, 777 122, 858 105, 512 4,067 13, 279 135, 172 116, 424 3,970 14, 778 134, 334 113,873 4,248 16, 213 146, 526 124, 297 4,999 17, 230 170,881 142, 050 8,684 20, 147 184, 918 151,987 10, 472 22, 459 197, 287 163, 466 10, 337 23, 484 195, 528 161. 198 9,951 24, 379 210, 354 174, 401 9,778 26, 115 3 4 5 6 2,703 1,983 720 3, 162 2,302 860 3.759 2,677 1,082 4,463 2,937 1,526 5,604 3,805 1,799 5, 861 3,970 1,891 5,899 3,565 2,334 5,755 3,042 2, 713 6, 524 3, 503 3,021 7,799 3, 976 3,823 9,539 4, 753 4,786 10, 177 4, 861 5,316 10, 782 4,788 5,994 11, 372 5,119 6,253 12, 838 5, 842 6,996 7 8 9 17, 401 23, 907 28, 187 29,565 30, 835 35, 265 34,433 38, 389 34, 149 36, 140 40, 809 40,852 39,171 38, 363 39, 019 10 10, 897 11,512 -615 6,504 13, 899 14, 266 -367 10, 008 16, 823 16, 979 -156 11,364 18, 040 18, 109 -69 11, 525 19, Oil 19, 117 -106 11,824 21,321 23, 026 -1,705 13, 944 19, 948 21, 419 -1,471 14, 485 21. 649 22', 061 -412 16, 740 21, 431 20, 963 468 12, 718 22, 855 23, 989 -1, 134 13, 285 24, 791 25, 135 -344 16, 018 25, 732 25, 519 213 15, 120 25, 908 26, 098 -190 13, 263 25, 876 25, 928 -52 12, 487 27, 339 27, 579 -240 11,680 ! 11 12 13 14 3,465 4,547 5,097 5,413 5,634 6,208 6,510 7,198 7,874 8,473 9,129 9,906 10, 152 10,506 10,076 15 36, 042 j 32,889 | 40,928 14,511 19, 678 23,781 23, 033 18, 413 17, 288 23, 626 30,619 28, 141 35, 106 39, 913 36, 903 16 i 16, 982 7, 610 9, 372 4, 458 4,914 -2,471 20, 882 11,415 9,467 4,289 5,178 -1,204 24, 554 14, 074 10, 480 4,484 5,996 -773 23, 320 12, 949 10,371 4, 673 5,698 -287 18, 977 10, 689 8,288 4,691 3,597 -564 22, 551 9,111 13, 440 5,784 7,656 -5,263 29, 525 11, 283 18, 242 6,521 11,721 -5,899 32, 709 12, 510 20, 259 7,248 13,011 -2, 150 26, 198 10, 411 15, 787 7, 458 8,329 1,943 39, 970 17, 829 22, 141 9,207 12, 934 -4,864 41, 173 22, 476 18, 697 9,090 9,607 -1,260 35, 936 19, 788 16, 148 9. 000 7,148 967 37, 039 20, 304 16, 735 9,310 7, 425 -997 33, 203 16,775 1 16, 428 10, 045 6,383 —314 I 42, 666 21,533 1 21, 133 11, 218 9,915 —1,738 17 18 19 20 21 22 4,544 4,291 3,658 3,342 3,185 3,119 3,842 4,508 5,171 5,912 6,770 7,421 8,695 i 9,677 j 10,833 23 >r Expenditure, 1929-55 [Millions of dollars] 1941 1942 1943 125, 822 159, 133 192, 513 211, 393 213,558 81,875 89, 748 100, 541 109, 833 9,659 • 43,208 29, 008 6,968 51, 324 31, 456 6,605 59, 259 34, 677 18, 072 9,875 6, 629 3,510 3,119 1947 1948 1949 1950 1951 1952 1953 1954 1955 209, 246 232, 228 257, 325 257, 301 285, 067 328, 232 345, 445 363, 218 360, 654 390,860 1 121, 699 146, 617 164, 973 177, 609 180, 598 194, 026 208, 342 218, 328 230, 542 236, 513 253, 971 2 6,764 65, 368 37, 701 8, 105 73, 222 40, 372 15,892 84, 501 46, 224 20, 593 93, 077 51, 303 22, 214 98, 741 56, 654 23, 573 96, 879 60, 146 28, 608 100, 386 65, 032 27, 148 111,054 70, 140 26, 641 116, 110 75, 577 29,811 119,055 81, 676 29, 354 120, 852 86, 307 35, 671 126, 151 92, 149 3 4 5 5,600 7,130 10, 430 27, 125 29, 705 41,176 32, 549 51,219 56, 864 49, 808 50, 325 48, 032 60, 557 6 3,721 1, 715 2,006 2,326 885 1,441 2,712 815 1,897 3,833 1,100 2,733 10, 291 4,015 6,276 14, 029 6,310 7,719 17, 904 8,580 9, 324 17, 453 8,267 9, 186 22, 733 12, 600 10, 133 23, 332 10, 973 12, 359 23 723 n! 100 12, 623 25, 778 11, 930 13, 848 27, 863 13, 496 14, 367 32, 734 16, 595 16, 139 7 8 9 6,942 4, 343 4,027 5,438 7,654 10, 733 16, 667 19, 110 17, 833 21, 135 23, 177 23, 116 24, 293 22, 431 23, 658 10 4, 501 4, 049 452 1,811 652 1,159 -753 -577 -176 -1,020 -575 -445 -1,057 -595 -462 6,101 6,350 -249 -991 1,298 -2, 289 4,162 3, 026 1, 136 -2, 737 -1,862 -875 7, 351 6,428 923 10, 355 8,951 1, 404 2. 969 2,105 864 254 871 -617 -2, 262 -2, 728 466 4, 165 3, 825 340 11 12 13 1,124 -207 -2,245 -2, 099 -1,438 4,586 8,942 1, 956 534 -2,201 227 24, 751 59, 717 88, 617 96,529 82,867 30, 918 28, 608 36,584 43, 620 42, 023 16, 923 13, 794 52, 027 49, 567 81, 223 80, 384 89, 006 88, 615 74, 796 75, 923 20, 934 21, 188 3,173 44 2, 664 204 1,480 641 1,552 1,161 1, 031 2,158 2,469 2,723 15, 776 13, 349 12, 254 1,095 3,751 1,324 21,019 15, 984 11, 578 4,406 5, 570 535 25, 445 19, 288 13, 570 5,718 6,570 413 7,828 7,690 7,394 7,523 8,071 9,984 12, 832 15, 565 18, 175 1944 1945 1946 Line -164 -2,017 -412 -470 14 62, 799 77, 473 84, 368 76, 521 76, 802 15 22, 138 18, 511 14, 257 4, 254 3,882 255 40, 995 37, 260 33, 864 3! 396 4, 154 419 54, 260 48, 823 46, 408 2^415 5,792 355 59, 481 51, 475 49, 289 2, 186 8,423 417 48, 886 42, 985 41, 109 V. 876 6,280 379 46, 742 41. 223 39, 072 2, 151 5, 945 426 16 17 18 19 20 21 19, 885 21, 804 23, 213 24, 887 27, 635 30, 060 22 SURVEY OF CURRENT BUSINESS 12 July lor. Table 3.—Personal Income an [Millions of dollars] Lino 1 3 4 r Personal income . , „ _. Wage and salary disbursements Other labor income Proprietors' and rental income .._ 6 7 Dividends Personal interest income Transfer payments 8 Less: Personal contributions for social insurance . . _ . 9 1029 1930 1931 1932 1933 1934 1935 85, 763 76,881 65, 698 50,115 47, 208 53, 575 60,210 50, 423 501 20, 184 ' 46, 187 551 10, 318 39, 1 19 510 12,495 30, 477 451 8, 029 28, 997 409 7, 570 33, 705 443 8,704 5,813 7.428 1, 490 5 490 6, 949 1,533 4, 088 6, 923 2,714 2, 565 0, 575 2, 170 2, 050 6, 212 2,110 142 147 151 152 2, 043 1, 263 1, 380 2 507 1, 134 1, 373 1, 858 607 1,251 1936 1937 1938 1939 1940 68, 480 73, 921 68, 554 72, 884 78, 681 36, 690 479 12, 048 41, 920 572 12, 258 40, 107 593 14, 772 42, 976 595 13. 688 45, 941 627 14, 352 49, 81 <( 68', 15, 89^ 2 587 0. 099 2, 194 ' 2. 803 5. 892 2, 100 4, 548 5, 842 3, 520 4, 085 5, 912 2, 418 3, 187 5, 828 2, 834 3, 788 5,809 2, 963 4 04! 5,78J 3,11^ 15^ 157 162 180 506 554 596 65£ 1, 455 331 1, 124 1, 404 474 990 1, 595 595 1, 000 1,888 827 1, 061 2, 258 1, 130 1, 128 2, 921 1, 723 1, 198 2, 802 1, 635 1,227 2, 440 1, 235 1,205 2, 604 1, 364 1, 24C ! ! i 10 11 Less° Personal tax and nontax payments Federal State and loccil 12 Equals: Disposable personal income. 83, 120 74, 374 63, 840 48, 660 45,744 51,980 58,322 66, 222 71,000 65, 692 70, 444 76,076 13 Less: Personal consumption expenditures 78,952 70, 968 61,333 49,306 46, 392 51,894 56, 289 62, 616 67,259 64, 641 67, 578 71,881 14 Equals: Personal saving 4, 168 3,406 2, 507 -646 -648 86 2, 033 1,051 2, 866 4,195 . . .._....... 3,606 | 3, 741 ' Table 4.—Relation of Gross National Product [Millions of dollars] 1929 Line 1 Gross national product 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 104, 136 91, 105 76,271 58, 466 55,964 6 J, 975 72, 502 82, 743 90, 780 85, 227 91,095 100,618 8,617 7 698 8 541 7 737 389 415 8,166 7 552 351 263 7, 615 7, 038 329 248 7. 161 6, 661 413 500 225 7. 112 6, 598 237 277 7, 235 6, 005 230 334 7, 490 6, 700 381 415 7. 740 6,910 304 532 7, 783 6, 939 387 457 7, 838 7, 121 222 495 8, 148 7, 316 246 586 95,819 82,564 68, 105 50,851 48,803 57,863 65,267 75,217 83,034 77, 444 83,257 92, 470 -49 -45 18 283 403 39 00 176 485 420 ; 1940 4 5 Less: Capital consumption allowances r)6preciation charges Accidental damage to fixed capital. ... . _ . . Capital outlays charged to current expense- 6 Equals: Net national product 7 Plus: Subsidies minus current surplus of government enterprises. — 147 -123 8 9 10 Less: Indirect business tax and n o n t a x l i a b i l i t y . . . Business transfer payments ... Statistical discrepancy 7, 003 587 268 7, 155 534 —977 0. 859 649 840 6, 768 737 754 7,055 659 948 7.815 641 731 8, 190 594 — 171 8, 003 594 1,118 9, 157 567 -248 9,154 429 456 9. 365 451 1.173 10.021 431 804 11 Equals* National income 87,814 75, 729 59, 708 12, 547 40, 159 48, 959 57, 057 64,911 73,618 67, 581 72, 753 81,634 2. 440 1 , 369 472 243 0 —3,010 842 3. 260 253 0 -5.366 498 2,414 262 0 - 5. 967 385 1 , 047 278 0 -2, 426 521 -2, 143 285 0 -1.015 744 -025 304 0 — 069 951 — 227 333 0 -217 1 . 409 -738 598 0 48 1,502 -31 1, 800 0 -916 1 , 029 963 1 . 977 0 1,174 1,441 -714 2,136 0 2, 443 2, 834 -200 2, 282 0 983 909 5X7 904 999 534 1,084 2,065 649 1. 141 1 . 433 "'' 1, 170 1.457 659 1 , 230 1. 553 041 1.141 1 , 800 594 1. 101 2. 926 594 1.204 1 . 851 507 1,192 2, 405 429 1,205 2,512 451 1.291 2, 683 431 76,881 I 65,698 | 50,115 < 47,208 ! 53,575 ! 60,210 j 68,480 j 73,921 1 68,554 i 72,884 78,680 3 12 Less: Undistributed corporate profits . _ , .. 13 Corporate profit s t a x liability .. . . . 14 Corporate inventory valuation a d j u s t m e n t . 15 ; Contributions for social insurance.. . Excess of wage accruals over 'lisbursemenls 16 ... . i ! 17 Plus: N e t interest paid b y government . _ 18 Government transfer payments 19 • Business transfer p a y m e n t s Equals: Personal income . •_ . 85,763 i 13 SURVEY OF CURRENT BUSINESS July 1956 Disposition of Income, 1929-55 [Millions of dollars] Line 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 96, 275 123, 497 151, 392 165, 696 171, 222 177, 990 190, 522 208, 743 206,818 227,050 255, 340 271, 775 286, 006 287, 341 306, 062 1 62, 086 720 20,866 82, 109 860 28, 454 105, 619 1,082 33, 284 117, 016 1,526 34, 978 117, 563 1,799 36, 469 111, 866 1,891 41, 473 122, 843 2,334 40, 943 135, 142 2, 713 45, 587 134, 379 3.021 42, 023 146, 526 3,823 44, 613 170, 776 4,786 49, 938 184, 947 5,316 50, 758 197, 363 5,994 49, 323 195, 528 6,253 48, 869 210, 354 6,996 49, 095 2 3 4 4,458 5,833 * 3,113 4,289 5,808 3,143 4, 484 5,798 2,964 4,673 6,151 3,588 4,691 6, 868 6.165 5,784 7,576 11, 411 6,521 8,212 11, 787 7,248 8,950 11,281 7,458 9,768 12, 403 9,207 10, 628 15, 147 9,090 11, 592 12, 575 9,000 12, 297 13, 210 9,310 13, 700 14, 256 10, 045 14, 871 16, 350 11, 218 16, 061 17, 552 5 6 7 801 1,1(56 1,839 2,236 2,333 2,011 2,118 2,178 2,234 2,894 3,417 3,753 3,940 4,575 5,214 8 3,293 2,016 1,277 5,981 4,668 1,313 17, 845 16, 517 1,328 18, 935 17, 536 1, 399 20, 867 19, 379 1,488 18, 808 17, 162 1,646 21, 506 19, 650 1,856 21, 142 18, 997 2,145 18, 661 16, 194 2,467 20,920 18, 179 2,741 29, 271 26,278 2,993 34, 401 31,165 3,236 35,771 32, 359 3,412 32, 938 29, 138 3,800 35, 489 31, 315 4,174 9 10 11 92,982 117,516 133,547 146,761 150, 355 159, 182 169,016 187,601 188, 157 206,130 226,069 237,374 250,235 254,403 270,573 12 81,875 89,748 100,541 109, 833 121, 699 146,617 164,973 177, 609 180,598 194,026 208,342 218,328 230,542 236,513 253,971 13 11, 107 27,768 33,006 36,928 28, 656 12,565 4,043 9,992 7,559 12,104 17,727 19,046 19,693 17,890 16,602 14 National Income, and Personal Income, 1929—55 [Millions of dollars] 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954 1955 Line 125,822 159, 133 192,513 211,393 213,558 209,246 232,228 257,325 257,301 285,067 328,232 345,445 363,218 360,654 390,860 1 9,041 8,078 273 690 10, 155 9,162 484 509 10,866 9, 854 399 613 12, 007 10, 793 360 854 12, 549 11,246 381 922 11, 666 10, 013 407 1,246 14, 118 12, 150 567 1,401 16, 494 14, 290 574 1,630 18, 431 16, 380 518 1,533 20,516 18, 042 616 1,858 23,469 20, 344 909 2,216 23,890 21, 002 684 2,204 26, 486 23, 266 813 2,407 28, 760 25, 433 917 2,410 31, 338 27, 841 1,055 2,442 2 3 4 5 116,781 148,978 181,647 199,386 201,009 197,580 218, 110 240,831 238,870 264,551 304,763 321,555 336,732 331,894 359,522 6 102 150 183 652 760 835 -227 -171 -181 204 187 -138 -423 -231 297 7 11, 296 502 375 11, 769 495 -830 12, 735 505 -1, 720 14, 127 506 2,766 15, 522 532 4,467 17, 349 557 932 18, 658 674 1,383 20, 390 739 -2, 110 21, 644 781 71 23, 741 843 215 25, 637 985 1, 287 28, 106 1,169 1, 965 30,223 1,369 2, 588 30, 150 • 1,389 1,789 32, 521 1,430 1,820 8 9 10 104, 710 137,694 170,310 182, 639 181,248 179, 577 197, 168 221, 641 216, 193 239, 956 277, 041 290, 177 302, 129 298, 335 324, 048 11 4,914 7,610 -2, 471 2,784 0 5,178 11,415 -1, 204 3,468 G 5,996 14, 074 -773 4,516 209 5,698 12, 949 -287 5,173 -193 3,597 10,689 -564 6,138 14 7,656 9,111 -5,263 5, 981 -30 11, 721 11, 283 -5, 899 5,683 15 13, Oil 12,510 -2,150 5,220 30 8,329 10, 411 1,943 5,737 -45 12, 934 17, 829 -4, 864 6,870 0 9,607 22, 476 -1,260 8,170 105 7,148 19, 788 967 8,614 -29 7,425 20.304 -997 8,728 -76 6,383 16, 775 -314 9,694 0 9,915 21,533 -1, 738 11, 056 0 12 13 14 15 16 1,289 2,611 502 1,517 2,648 495 2,140 2,459 505 2,809 3,082 506 3,683 5,633 532 4,457 10, 854 557 4,370 11,113 674 4,442 10, 542 739 4,597 11, 622 781 4,716 14, 304 843 4,822 11, 590 985 4,876 12, 041 1,169 5,005 12,887 1, 369 5,194 14, 961 1,389 5,228 16, 122 1,430 17 18 19 96,275 123, 497 151,392 165, 696 171,222 177,990 190,522 208, 743 206,818 227,050 255,340 271, 775 286,006 287,341 306,062 20 SURVEY OF CURRENT BUSINESS 26 July 19.56 Table 42.—National Income by [Billions of dollars] 1952 Line I 1 2 3 4 6 National income Compensation of employees . Wages and salaries Private.- ....„.._.. Military Government civilian Supplements to wages and salaries . . 11 I Year II III IV ! Year 71.3 73.3 75.9 290.2 74.8 76.5 76.0 74.8 I 302.1 47.7 45.1 36, 9 2.6 | 5.6 2.6 ! 49.0 46.4 38.4 2.7 5.4 2.5 51.6 49.1 40.5 2.6 6.0 2. 4 195.1 184.9 152.0 10.5 22.5 10.2 50.7 47.9 39.4 2.6 5.9 2.8 52.0 49.1 40.7 2.6 5.9 2.8 52.6 49.9 41.7 2.6 5.6 2.7 52.8 50.3 41.6 2.6 6.1 2.5 208.1 197.3 163.5 10.3 23.5 10.8 12.4 6.3 3 7 2.4 12.7 6.4 3.8 2.5 i | ! ! 13.2 6.4 4.2 2.5 12.5 6.6 3.4 2. 5 50.8 25.7 1 5. 1 9.9 12.5 6.6 3.4 2.5 12.3 6.5 3.3 2.5 12.2 6.4 3.2 2.5 8.6 8 5 4.7 3.8 .0 9.1 1 8.6 4. 7 i 3.9 : 9.3 9.2 5. 1 36.9 35. 9 19.8 16.1 1.0 9.6 9. 7 5.3 10.0 10.4 5.7 9.0 9.7 5.3 7.4 7.3 ; 4.0 1 36.0 37.0 20.3 4.1 .1 9.9 9.6 5.3 4.3 .3 -.2 -.3 .2 -1.0 1.8 1.9 1.9 7.4 2.0 2.1 2.2 2.3 ; 8.7 7.6 8.0 31.0 8.0 8.0 7.6 8.1 : 31.7 12 13 14 15 16 Corporate profits and inventory valuation adjustment- . Corporate profits before tax Corporate profits tax liability 17 Net interest 1.8 18 Addendum: Compensation of general government employees _ 7.6 ...-....._ IV 46.9 44.3 36. 2 2.5 5 6 2.6 Proprietors' and rental income '. Business and professional Farm Rental income of persons - _. Ill 69.6 8 9 10 11 _- ! 1953 Inventorv valuation adjustment i 1 ; ! i ! j j 12.3 i 6.4 : 3.3 ; 2.6 ; 49.3 25.9 13.3 10.2 1. Includes noncorporate inventory valuation adjustment. Table 43. — National Income by Distributive Shares, Seasonally [Billions of dollars] 1952 j 1953 Line 1 2 3 4 6 National income Compensation of employees Wages and salaries _ Private Military Government civilian _ . _ _ . . . . . . Supplements to wages and salaries _ . _. _. _ , _ _. 8 9 10 11 Proprietors' and rental income ! Business and professional Farm Rental income of persons 12 13 14 15 16 Corporate profits and inventory valuation adjustment Corporate profits before tax ... Corporate profits tax liability Corporate profits after tax . _ .. .. Inventorv valuation adjustment 17 Net interest 18 Addendum • Compensation of general government employees . - _.. _ _ . . . . . _ . ... _ . - - . _ I II III IV 284. 6 285.6 290.8 299.6 290.2 190.1 180. 1 148. 1 10.2 21.9 10. 0 191.8 181.8 149. 0 10. 6 22. 3 10. 1 195. 6 185. 4 152.0 10.7 22.7 10.2 202.6 192.2 158. 7 10.5 23.0 10.5 195.1 184.9 152.0 10.5 22.5 10.2 49.5 25. 1 14.7 9 7 50.8 is! 2 9. 8 52.6 25.8 16.9 10.0 50.2 26.4 13.7 10.1 37.8 37. 7 20. 7 16.9 .1 35.6 33.6 18.5 15. 1 2. 1 35.1 34.6 19.0 15.5 .5 39.1 38.0 20.9 17. 1 1.1 : • II III IV 303. 0 305.8 304.1 295. 7 302. 1 205. 8 195. 1 161. 5 10. 3 23.4 10.7 209.3 198.4 164. 5 10.4 23.5 10. 9 209.7 198.9 165.0 10.4 23.5 10.8 207.6 196. 8 162.9 10. 3 23. 6 208.1 197. 3 163. 5 10. 3 23. 5 10.8 ; 10.8 50.8 25.7 15. 1 9.9 50.0 26. 3 13.6 10. 1 49.4 26.1 13.2 10. 1 48.9 25.8 13.0 10.1 49. 1 25. 5 13. 3 10. 2 : 49. 3 2.x 9 13. 3 10. 2 36.9 35.9 19.8 16.1 1.0 39.1 39. 5 21.7 17.9 —.5 38.7 40.2 22.0 18.2 -1.5 36.6 38.8 21.3 17.5 -2.2 29.8 : 29. 7 ': 16. 3 13. 4 .2 , 36.0 37. 0 20. 3 16. 7 -1.0 Year i I Year 7.2 7.3 7.5 7.6 7.4 8.2 8.5 8.9 9,2 8.7 30.1 30.9 31.4 31.5 31.0 31.6 31.9 31.7 31.6 31.7 1. Includes noncorporate inventory valuation adjustment. Table 44.—Gross National Product [Billions of dollars] 1952 1953 LJ I 1 Gross national product 2 Personal consumption expenditures Durable goods Nondurable goods Services 3 4 5 - _ . . .. fi 7 8 9 10 11 12 Gross private domestic investment - New construction Residential nonfarm Other . _. _ Producers' durable euuipment Change in business inventories— total Nonfarm only 13 Net foreign investment 14 15 16 17 18 19 20 21 Government purchases of goods and services , Federal National security National defense .. Other national security Other . . Less' Government sales State and local _. .. ... ... _ - .. .. .. _ . -- .- - Year i II 1i III IV Year 84.4 85.5 92.8 345.4 88.3 91.3 90.7 92.9 363.2 50.5 53.9 53.2 54.3 57.5 56.9 26.4 18 5 28.3 18 8 28.3 18.8 33.1 19.4 218.3 26.6 116.1 75 6 61.8 6.8 6.1 60.7 27.6 20.0 29.4 20.4 29.0 20. 5 33.2 20.7 230. 5 29.8 119.1 81 7 13.8 11.0 12.8 12.1 14.1 12.9 13.4 9.9 6.6 3.1 3.6 59 2 9 6 4 —1 3 — 1.6 5 3 5 6 49.8 23.7 11.1 12.6 23 1 30 5 9 2 8 6 4 —. 1 5.6 5.0 2.2 2.9 5.9 2.8 3.2 6.5 3.1 3.4 1.0 .8 8.2 6.2 3.0 3.2 .3 .2 2.1 6.7 5.4 2.4 3.0 2.9 7.7 6.6 3.1 3.5 .1 7.4 7.1 3.3 3.8 6 1 .i .3 7.9 58 —2 5 -2.5 .6 .1 -.6 -.2 -.2 -.6 -.6 -.7 -.1 17.7 12.4 11.3 10.7 19.4 13.6 12.3 11.7 .t 20.1 14.2 12.5 11.8 20.2 14.1 12.7 12.2 77.5 54.3 48.8 46.4 20.5 14.7 13.0 12.4 21.5 15.3 13.3 12.7 21.2 14.8 12.8 12.3 21.3 14.7 12.4 11.8 .6 1.2 .1 - IV 82.7 2.6 - III II 5.3 1.4 .1 5.9 .7 1.8 .1 5.9 .5 1.5 .1 6.1 2.4 5.8 .4 23.2 .6 1.9 .1 5. .6 2.1 .1 6.2 .5 2.1 .1 6.4 .5 2.4 .1 6.6 50.3 25 8 11.9 13.8 24 3 3 9 -2.0 84.4 59.5 51.5 49.3 2.2 8.4 4 24.9 SURVEY OF CURRENT BUSINESS July 1956 27 Distributive Shares, Quarterly, 1952-55 [Billions of dollars] 1955 1954 Line I 1 2 3 4 5 0 7 National income Compensation of employees Wages and salaries Private . _ Military Government civilian Supplements to wages and salaries _ . . _ __ ... Proprietors and rental income 1 Business and professional Farm _. R e n t a l income of persons 13 14 15 10 Corporate profits and inventory valuation adjustment _ _ _ _ Corporate profits before tax Corporate profits t a x liability _._ Corporate profits after tax I n v e n t o r y valuation adjustment 17 18 IV IV III II I Year Year 73.2 74.2 74.3 76.6 298.3 76.9 80.8 81.9 84.4 324.0 50.7 47.7 39.1 51.3 48.3 39.7 51.7 48.9 40.7 53.3 50.6 41.7 206.9 195. 5 161.2 10.0 24.4 11.4 52.8 49.6 40. 7 55.2 51.9 42.8 56.7 53. 5 44.9 58.5 55. 4 46.0 223.2 210.4 174. 5 2.5 6.1 3.0 -. 8 9 10 11 III II 2.5 6.1 3.0 2.5 5.8 2.8 2.5 6.5 2.6 2.4 6.4 3.2 2.5 6.6 3.3 2.4 6.1 3.2 2.4 6.9 3.1 9.8 26. 1 12.8 12.1 12.1 12.1 12.4 12.3 6.6 3.0 2.6 48.9 25.9 12.5 10.5 12.2 6.5 3.0 2.6 12.2 6.3 3.5 2.6 6.8 3.1 2.5 6.9 2.8 2.5 7.0 2.9 2.5 7.8 7.9 4.0 8.5 8.5 4.3 4.2 .0 8.0 8.2 4.1 4.0 8.6 8.6 4.4 4.3 .0 32.9 33.2 16.8 16.4 9.3 9.7 4.9 4.8 -.4 10.6 10.8 10.2 10.8 10.7 11.4 Net interest 2.3 2.4 2.4 2.5 9.7 2.6 2.7 2.7 2.8 10.8 Addendum: Compensation of general government employees 8.0 8.1 7.8 8.4 32.2 8.4 8.6 8.1 8.8 33.9 12.4 ._. . ... - _ _ _ 3 9 6.5 3.0 2.6 0 6.6 2.9 2.6 5.4 5.3 -.2 5.5 5.4 -.6 5.7 5.6 -.6 49.1 27.3 11.7 10. 1 40.9 42.7 21.5 21.1 -1.7 Adjusted Quarterly Totals at Annual Rates, 1952-55 [Billions of dollars] 1955 1954 Line I 1 2 3 4 5 6 7 National income __ _ Compensation o f employees _ Wages a n d salaries., _ ___ Private- _ _ Military ... . Government civilian _ _ _ _ _ _ _ Supplements to wages and salaries _ _ _ _ _ __ _ _ _ _ __ _ _ . _ _ _ _ _ _ _ _ _ _ 8 9 10 ]] Proprietors' and rental income ' Business and professional Farm __ Rental income of persons 12 13 14 15 16 Corporate profits and inventory valuation adjustment Corporate profits before tax Corporate profits tax liability Corporate profits after tax Inventory valuation adjustment- 17 Net interest 18 Addendum: Compensation of general government employees _ __ ___ _ _ _ _ _ ._ __ _ __ III IV Year I II III IV Year 295.8 296.7 297. 6 303.1 298.3 311.3 321.9 328. 3 334.4 324. 0 205. 2 194.0 160. 1 10.1 23.8 11.2 205.9 194.7 160.5 10.0 24.2 11.3 206.6 195.2 160. 7 209.7 198. 1 163.3 213.9 201.6 166. 7 230.3 217.0 180.5 223.2 210. 4 174. 5 9.7 9.8 24.9 11.6 25. 3 12.2 221.6 209. 0 172.9 10.0 26.1 12.6 226.8 213.6 177.5 24.6 11.4 206.9 195. 5 161.2 10.0 24.4 11.4 26. 4 13.2 26. 8 13.3 26. I 12.8 49.6 25 3 13.9 10.4 48.6 25 9 12.1 10.6 48.7 26 0 12.1 10.6 48.6 26 2 11.8 10.5 48.9 25 9 12.5 10.5 48.6 26 5 11.8 10.3 49.5 27 1 12.2 10.2 49.0 27 7 11.3 10.0 49.3 28 0 11.4 9.8 49.1 27 3 11.7 10. 1 31.7 31. 9 16. 1 15.8 32.7 32.9 16. 6 16. 3 32.5 32.8 16.6 16.2 34.7 35. 2 17.8 17.4 32.9 33.2 16.8 16.4 38.5 39. 7 20 0 19.7 -1.2 40.2 41.1 20 7 20.3 41.6 43. 5 22 0 21.5 — 1.9 43.4 46.4 23.4 23.0 -3.0 40.9 42.7 21. 5 21. 1 — 1.7 9.3 9.5 9.8 10.1 9.7 10.4 10.6 11.0 11.3 10.8 31.7 32.1 32.5 32.7 32 2 32.9 33 9 34 3 34.6 33.9 -.2 .._ ._ II . __ -.2 9.9 -.3 9.8 -.6 9.7 a 9.8 or Expenditure, Quarterly, 1952—55 [Billions of dollars] 1954 I II III 1955 IV I Year II IV III Year 1 Gross national product 87.2 88.9 89.1 95.5 360.7 92 0 96 5 98 3 104.2 390.9 2 3 4 5 Personal consumption expenditures Durable goods Nondurable goods Ser vices -_ 55.1 58.7 27.4 21.3 29.7 21.6 58.0 6 9 29.6 21 5 64.7 8 6 34.2 21 9 236.5 29 4 120.9 86 3 58.7 7 9 28 2 22 6 63.0 9 2 30 8 23 0 62.9 88 31 1 23 1 69.4 98 36.0 23 5 254.0 35 7 126.2 92 1 6 7 8 9 10 11 12 Gross private domestic investment^ New construction Residential nonfarm Other Producers' durable equipment Change in business inventories— total Norrfarm only 12.7 5 6 2 4 11.2 6 8 12.5 7 9 39 11.7 7 6 39 3 7 48.0 27 9 13 5 14 4 22.4 -2.3 —2 7 14 6 3 3 14 8 4 4 6 16 9 4 4 6 14 8 4 4 13 Net foreign investment —.3 .0 — 5 4 — 4 14 15 16 17 18 19 20 21 Government purchases of goods and services _ Federal National security National defense _ _ _ Other national security Other Less: Government sales State and local 19.7 13.5 11.6 11.2 19.0 12. 1 10.8 10.4 19.1 11.9 10.5 10.0 18.7 11 4 10 0 6.4 _ _ _ _ _ _ _ _ _ ._..._. _ _ __ ... _ ... _ _ _ 3.2 5.6 1.5 1.4 .5 2.0 .1 6.2 7.5 3.3 3.6 6.1 -1.7 —1.9 .4 1.3 .1 7.0 4.0 5.4 —.8 — 1.0 5 1.5 1 7.2 5.3 -1.2 —1 3 9.5 5 1.5 1 72 9 8 4 4 5.2 2.9 5 3 3 0 1 .1 3 2 7 5 1 9 5 2 3 6.3 .1 60.6 32 7 16.6 16. 1 23.7 4.2 3.8 2 8 -i o 1.0 9 — 3 2 — 5 76.5 48 9 43 0 41. 1 1 9 6 3 18.5 11 7 10 4 98 19.3 11 6 10 3 9 8 19.7 11 8 10 2 9 7 1 4 1 6 14 1 19.4 11 7 10 3 99 14 27 6 68 7 7 18 I 7 9 76.8 46 7 41 2 39 1 2 2 5 9 4 7 5 1 77 .i 5 4 30 1 SURVEY OF CURRENT BUSINESS 28 Jnly 1036 Table 45.—Gross National Product or Expenditure, Seasonally [Billions of dollars] 1952 Line 1 9 3 4 5 6 s y 10 11 J9 Gross national product - Personal consumption expenditures Durable goods Nondurable goods Services _. .. . - - .--_ - - Gross private domestic investment New construction Residential nonfarni Other Produce rs' durable equipment Change in business inventories — total Nonfarm only - -. - - .. . - .. - - -- - -- - n Net foreign investment 14 15 Government purchases of goods and services . ... _ . .. Federal - - National security National defense - Other national securitv -Other Less* Government salos . .- State and local If) 17 18 19 20 21 1953 I II III 338.4 340.1 345.2 358 1 345 4 361 6 367 4 366 3 357 363.2 213.4 25.6 114.2 73.5 216. 5 26 8 115.0 74.7 218. 3 25 2 116 9 76.2 225 29 118 77 1 0 3 9 218 26 116 75 3 6 1 6 228 30 118 79 6 2 9 5 231 30 119 81 4 6 8 0 232 0 30 5 118 9 82* 6 230 28 118 83 230.5 49.9 23.3 10.5 12.8 23.8 2.7 1.6 46.0 23 7 10.9 12 7 24.3 -1.9 -2.9 49.2 23 7 11.3 12 4 21.8 3.7 2.9 54 24 11 12 22 7 6 1 2 6 6 6 4 8 49 8 23 7 11 1 19 g 23 1 30 2 1 51 95 11 13 24 2 o 5 2 7 5 3 0 5 53 26 12 14 24 3 4 5 2 2 0 2 1 0 51 8 25 8 12 1 13 8 24 9 1 i 18 44 9 5 11 14 03 4 50.3 25.8 11.9 13.8 24.3 .3 .9 2.9 .2 -2.1 —.2 -2.1 —3 0 —1 4 —1 -2.0 72.2 49.5 45.2 43.0 2.2 4.7 .4 22.7 77.4 54.3 49.3 46.6 2.7 5.4 .4 23. 1 79.8 56.7 49.9 47.1 2.8 7.0 .3 23.1 77.5 54 3 48 8 46 4 83.6 59 0 51 8 49 6 2 2 7 6 5 24 6 85 5 61 2 53 3 50 9 2 4 83 83 59 51 4Q 2 8 84 58 49 47 84.4 59.5 51.5 _ Year IV 80.5 56.5 50 8 48.9 1.9 6.0 .3 24.0 I 58 .4 23 2 II III A 24 3 1952 III IV 1 Personal income 64.9 66.7 68.5 71 6 2 3 4 Less' Personal tax and nontax payments Federal State and local 12.2 7.3 6.4 .8 80 7.3 .8 69 6.2 .7 5 Equals' Disposable personal income 52.7 59.5 60.5 64.7 c Less' Personal consumption expenditures 50.5 53.9 53.2 60.7 2.2 5.6 7.3 4.0 . -- - - -- 11.2 .9 Equals' Personal saving Year I | i 271 8 1 34 4 31 2 i 3 2 ji 237 4 | 218.3 i ! 19.0 1 1 I II 69 5 71 4 71 8 7'} 4 286 0 7 3 6 3 10 87 7 9 8 76 5 8 35 8 32 4 34 56 9 64 1 63 1 66 1 250 2 54 3 57 5 56 9 61 8 230 5 26 6 6 6 2 4 3 19 7 1953 I II III IV 264.5 268.2 274.8 279.3 271.8 34.0 34.1 30.8 3.2 30.8 3.2 34.5 31.3 3.3 35.0 31.7 3.3 4 5 Equals.* Disposable personal income __ __ . _ _. _. 230.6 234.2 240.3 c Less* Personal consumption expenditures 7 Equals' Personal saving 213 4 216.5 17.2 17.7 Year II III 283 4 286 9 287 7 34 4 31.2 3.2 35 5 32. 1 3.4 35 9 32.5 3.4 244.3 237.4 247.9 218.3 225.1 218.3 21.9 19.1 19.0 _. Less* Personal tax and nontax payments Federal State and local Year IV 12 6 11 7 .9 1952 Personal income 25 III Line 1 2.2 8.4 .4 24.9 Table 47.—Disposition of Personal Income, Seasonally [Billions of dollars] 2 3 49.3 9 1953 Line II 8 1 3 3 0 2 4 24 7 29.8 119.1 81.7 Table 46.—Disposition of Personal [Billions of dollars] I Year IV I IV Year ! 286 0 36 0 32.5 35 8 ' 32.3 i 35 8 32 4 251.0 251.7 250 2 228 6 231 4 232 0 251.0 ' | 230 2 230 5 19.3 19.6 19. 7 20 8 19 7 286 8 34 35; 34 Table 48.—Relation of Gross National Product, National [Billions of dollars] 1952 1953 Line ! I 1 Gross national product ... 2 3 4 5 Less: Capital consumption allowances Indirect business tax and nontax liability. Business transfer payments Statistical discrepancy . _. .__ 6 Plus: Subsidies less current surplus of government enterprises 7 Equals: National income _ .._ 8 9 10 Less* Corporate profits and inventory valuation adjustment Contributions for social insurance Excess of wage accruals over disbursements 11 12 13 14 Plus* Government transfer payments Net interest paid by government Dividends Business transfer payments 15 Equals • Personal income ... _ . . - - II III IV Year I II III 82.7 84.4 85.5 92.8 345.4 88.3 91.3 5.7 6.6 .3 .4 5.9 7.0 .3 .0 6.0 7 1 .3 -1.4 6.2 7.4 .3 2.9 23.9 28.1 1.2 2.0 6.4 6.5 7.6 .3 .3 .3 —.5 ! 90.7 6.7 i 7. 7 I .3 1 Year IV 92.9 363.2 6.9 7. 8 .4 2.9 26.5 30.2 1.4 2.6 .0 .0 -.1 -.1 -.1 -.1 -.1 -.1 -.2 -.4 69.6 71.3 73.3 75.9 290.2 74,8 76.5 76.0 74.8 302.1 8.6 2.5 .0 9.1 2.2 .0 9.3 2.1 —. 1 9.9 1.9 .0 36.9 8.6 .0 9.6 2.6 .0 10.0 2.4 .0 9.0 2.1 .0 ! 7.4 1.7 .0 36.0 8.7 -.1 2.9 1.0 2.1 .3 2.9 1.4 2.1 .3 3.1 1.1 2.1 .3 3.1 1.4 3 12.0 4.9 9.0 1.2 3.2 1.1 2.2 .3 3.2 1.5 2.2 .3 3.2 1.1 2.2 .3 3.3 1.3 2.7 12.9 5.0 9.3 1.4 64.9 66.7 68.5 71.6 271.8 69.5 71.4 71.8 73.4 A 286.0 SURVEY OF CURRENT BUSINESS July 1956 29 Adjusted Quarterly Totals at Annual Kates, 1952-55 [Billions of dollars] 1955 1954 Lino I 1 9 3 5 7 9 10 11 13 14 15 16 17 18 19 20 21 Gross national product Personal consumption expenditures Durable goods . Nondurable goods Services - .. .. - - - - - - Gross private domestic investment New construction Residential nonfarm ._ _ OtherProducers' durable equipment -_Change in business inventories — total Nonfarm onlv .- . . ._ _ - _ - Net foreign investment Government purchases of goods and services Federal _ __ _ _ _ _ National security National defense _ _ . _ . ._ Other national securitv Other ' Less' Government sales State and local .. _ -. 11 IV I I Year III II IV Year 357. 6 358.5 359. 4 367.1 j 360. 7 377. 3 387.4 396.8 401.9 390.9 232.2 28.5 119.2 84.5 235.0 1 29.2 ! 120.3 85. 5 237.8 29.4 121.5 80. 9 241.1 30. 4 122. 5 88.3 236. 5 29.4 120. 9 86.3 246.7 34.7 122.5 89. 5 251.8 35. 3 1 25. 3 91.2 257.8 37.2 127.6 92.9 259.5 35.4 129.2 94.9 254. 0 35. 7 126. 2 92. 1 45.8 25.9 11.8 14. 1 22.9 -3. 1 -3.3 48.2 27.3 13.0 ' 14.3 22. 6 — 1. 7 -2.2 46.7 28.7 14.2 14.4 22.5 4 c -5.1 51.5 29.5 15.0 14.5 21.7 .2 -.3 48.0 27. 9 13.5 14.4 22.4 =1? 54.7 31.5 16. 1 15. 3 21.3 1.9 1.4 60.2 32.9 16. 9 16. 0 22.4 4.9 4.5 62.3 33. 5 17.2 16.4 25.0 3.7 3.4 65.1 33.0 16.2 16.8 25.9 6.1 5.9 60. 6 32.7 16. 6 1 6. 1 23. 7 4. 2 3.8 -1.1 -.2 — .7 .3 -.4 -.4 -.9 .2 -.8 -.5 76.2 46.3 41.3 39. 1 2.2 5.5 .4 29.9 76.5 46.6 41.3 39.4 1.9 5.8 .4 29.9 78.1 47.2 40.6 38.7 1.9 7.1 .5 30.9 76.8 46. 7 41. 2 39. 1 80.8 54.0 46.5 44.7 1.9 7.8 26^8 Income, Quarterly, 1952-55 III 75. 5 48.2 43.2 41.6 1.6 5.4 .4 27.3 75.6 42' o 40.2 1.9 6.0 .4 28.0 74.2 45.7 40.1 38.0 2. 1 5.9 .3 28.5 76.5 48.9 43.0 41.1 1.9 6.3 .4 27.6 76.3 46.8 41.8 39.2 2.6 5.4 .4 29.5 5^9 .4 30.1 [Billions of dollars] 1955 1954 Line I IV III II I Year IV III II Year 1 Personal income 70.1 71,1 74,6 287.3 72.7 75.6 77.4 80.4 306.1 2 3 4 Less: Personal tax and nontax pavments Federal -State and local 11.9 10.9 1.0 6.2 5.2 1.0 7.9 7.0 .9 6.9 6.0 .9 32.9 29.1 3.8 9.8 8.7 1.1 9.3 8.1 1.2 8.8 7.8 .9 7.7 6.7 .9 35.5 31.3 4.2 _. 5 Equals* Disposable personal income 6 Less: Personal consumption expenditures _ 7 Equals: Personal saving _. _ _ _ ... . 71.5 58.2 64.9 63.6 67.7 254.4 62.9 66.4 68.6 72.7 270.6 _ 55.1 58.7 58.0 64.7 236.5 58.7 63.0 62.9 69.4 254. 0 _._ 3.1 6.1 5.6 3.0 17.9 4.2 3.4 5.7 3.4 16.6 Adjusted Quarterly Totals at Annual Rates, 1952-55 [Billions of dollars] 1954 Line I II III IV 284.9 285.6 286.9 291.4 32 7 29 0 37 32 8 29 0 38 33 0 29 1 38 33 3 29 4 39 252.3 252 8 254 0 258 0 - 232.2 235.0 237.8 241.1 _._ 20.1 17.8 16.2 16.9 Personal income Less* Personal tax and nontax payments Federal State and local Equals: Disposable personal income Less: Personal consumption expenditures- Equals: Personal saving _ _ _ . . 1955 I II III IV 287.3 295.1 303.8 309.6 314.6 306 1 32 9 29 1 38 34 5 30 4 4 1 35 3 31 2 4 1 35 9 31 7 4 2 36 3 32 0 4 3 35 5 31 3 4 2 254 4 260 6 268 5 273 8 278 4 270 6 236.5 246.7 251. 8 257.8 259.5 254 0 17.9 13.9 16.7 15.9 18.8 1C 6 Year Year Income, and Personal Income, Quarterly, 1952-55 [Billions of dollars] 1954 Line I II 1955 III IV I Year II III IV Year Gross national product 87 2 88 9 89 1 95 5 360 7 99 0 96 5 98 3 104 2 4 5 Less: Capital consumption allowances Indirect business tax and nontax liability Business transfer payments Statistical discrepancy 7 0 7.3 .3 — 7 7 1 7.5 .3 — 4 7 3 7.5 3 — 4 28 8 30.2 1 4 18 7.6 4 — 4 7 8 8. 1 4 -5 7 9 83 4 _ 2 81 8. 5 4 28 6 Plus: Subsidies less current surplus of government enterprises -.1 .0 .0 7 4 7 8 3 32 j -.2 .0 o 0 3 7 Equals: National income - . 73.2 74.3 74.3 76.6 298.3 76 9 80 8 81 9 84 4 324 0 2 . __ ._ ', 390 9 31 32 1 1 3 5 4 8 8 9 10 Less: Corporate profits and inventory valuation adjustment Contributions for social insurance Excess of wage accruals over disbursements 7.8 2.8 .0 8.5 2.6 8.0 2.3 8 6 2.0 32 9 9.7 9 3 2 9 o 10 6 30 I 10 2 2 7 _ i 10 7 2 5 40 9 11 1 11 12 13 14 Plus: Government transfer payments Net interest paid bv government Dividends. __ . .. . Business transfer payments 3.7 1.2 2.4 .3 38 1.5 2.3 3 37 1 l 2.3 3 39 14 3.0 3 15 0 5 2 10.0 14 4 i 1 i 2 5 4 4 1 16 2 5 4 39 13 2 6 4 4 0 12 36 4 16 91 5 11 2 1 4 15 Equals: Personal income 70.1 71 1 71 5 74 6 287 3 72 7 75 g 77 4 80 4 306 1 - - - - - o o o o o Q SURVEY OF CURRENT BUSINESS 30 July 1956 Table 49.—Relation of Gross National Product, National Income, and Personal [Billions of dollars] 1952 Line 11 III IV 338.4 340.1 345. 2 358.1 23 1 27.0 23.7 28.0 1.2 1.8 24.1 28.2 1.2 .6 24.7 29. 2 1.2 3. 1 284.6 285. 6 290. 8 37.8 8.6 .1 35. 6 8.5 .0 35.1 8.6 -.3 11.6 4.9 9.0 1. 1 11.7 4.9 9.0 1.2 264. 5 268.2 I 1 Gross national product 2 3 4 5 Less: Capital consumption allowances Indirect business tax and nontax liability Business transfer payments Statistical discrepancy _ 6 Plus: Subsidies less current surplus of government enterprises 7 Equals: National income _ _ 1} .0 „ 8 9 10 Less: Corporate profits arid inventory valuation adjustment Contributions f o r social insurance.- - , _ _ _ _ _ Excess of wage accruals over disbursements ... _ . . 11 12 13 14 Plus: Government transfer payments Net interest paid by government Dividends _ __ . Business transfer payments 15 Equals: Personal income „ . ___ .__ . _ _ .... . _ . _ . _ . . . . 1953 i ! -.3 | I ! i i ! -.4 | 299.6 Year I II i i 345.4 ! 361.6 367.4 23. 9 ; 28. 1 1.2 2.0 ; 25.6 29. 8 1.3 1.7 26.2 30.2 1.4 3.6 ; -.1 -.2 ! 1 III . . 366.3 26.8 ; 30.4 1.4 3. 2 ; -.3 -.4 305.8 304.1 IV . . 357.5 27. 4 I 30.4 1.4 i 1.9 j -.7 i 295.7 Year j 1 363.2 | 26.5 30. 2 j 1.4 ! 2. 6 ! -.4 302.1 290.2 j 303.0 39. 1 1 8. 8 i .0 [ 36. 9 ' 8. 6 ! .0 j 39. 1 8.8 -0 38.7 8.9 i -. 1 i 36.6 8.7 -.1 1 29.8 1 8.5 ! -.11 ' 36.0 8. 7 . -. 1 ; 12.3 4.9 9.0 1.2 12.5 4.9 9. 0 1.2 12.0 i 4.9 9. 0 1 1.2 | 12.7 4.9 9. 2 1.3 12.7 \ 5. 0 \ 9.5 ! 1.4 12.8 5. 0 9.5 1.4 13.4 5. 1 9.5 1.4 12.9 ! 5. 0 ! 9.3 ! 1.4 | 274.8 279.3 286.9 | 287.7 286.8 286.0 j i ' 1 j 271.8 j 283.4 Table 50.—Personal Consumption Expenditures [Billions of dollars] 1953 1952 Line II I 1 Goods and services, total 2 3 4 Durable goods, total - - - ,. Automobiles and parts Furniture and household equipment-. Other durable goods 6 7 9 10 11 12 Nondurable goods, total Clothing and shoes Food and alcoholic beverages _ Gasoline and oil Semidurable house-furnishings Tobacco -- - Other nondurable goods 13 14 15 16 17 18 19 Services, total Household operation Housing Transportation Personal services Recreatioji Other services 8 _ - - ______ _ __ _ - III 60.7 218.3 i 54.3 . _ _ .. 6.1 1 22; 3.0 ;i .8 8.2 29 3.8 1.5 26.6 10 4 ! 12. 5 i 3. 7 j 6.7 32 2.8 .7 7.7 37 3. 1 .9 i - .- 26.4 4.0 16. 3 1.3 28.3 4.9 17.3 1.6 28.3 4. 4 18.0 1.6 33.1 6. 8 IS. 5 1. 5 116. 1 « 20. 1 70. 1 | 6.0 ! 27.6 4. 3 17.0 1.4 29.4 ' 5. 0 17.9 1 1.7 4.7 4.4 4.4 6.4 19.9 i i 75.6 i 11.1 25. 6 ! .5.8 •. 5.0 4. 8 i 20.0 3.2 ... 7 1.7 20.4 3.0 6. 8 ! 1.9 i 8. 4 8.8 - - ) | } \ _ . . . _ - _ _ _ I _ II 53.2 ! - _ I 6.8 30 3.0 .8 _ _ _ _ _ __ _ -. Year 53. 9 -- IV 5.6 2 3 2.7 .6 .. _ _ - | 50.5 ... .. III ! : 18.5 2.9 6.2 1.6 18.8 6.3 1 7 18.8 i 2.6 6. 4 : 1.8 ' 19. 4 2.8 i 6. 6 1 1.7 i 7.8 8.1 8.0: 8. 2 i i i 9 7 32. 1 57.5 IV 56.9 i 7.4 i 35 3. 1 1 .8 i 1 29. 0 ! 4. 2 I 18.3 ! 1.8 ! 4.6 1 i 20.5 i 2.8 7. 0 ! 1.9 i ; 8. 8 i Year 61.8 230.5 7. 9 : 27 3. 8 i 1.4 : 29.8 132 12. 8 3.9 33.2 i 6. 4 ; IS. 7 ; 1.7 '• 1 6.4 ! j 119.1 19. 9 71.9 6.6 20.7 20.7 ! 3.0 i 7. 1 1 1.8 ! 81.7 12.0 27. 6 7.3 8.8 34.8 Table 51.—Personal Consumption Expenditures by Major Type, [Billions of dollars] 1953 1952 Lino [ 2 "i 4 5 Goods and services, total . Durable goods, total __..._ _ _ . \utomobilcs and parts Furniture a n d household equipment _ Other durable goods . - -_ f. 7 8 9 10 11 12 Nondurable goods, total Clothing and shoes Food and alcoholic beverages Gasoline and oil Semidurable housefurnishings Tobacco Other nondurable goods 13 14 15 16 17 Services, total Household operation Housing Transportation Personal services Recreation Other services 18 19 _ __ ___ _ . _ -- -_ _ - - - - - -- 216. IV 5 218. 3 225.1 218. 3 Year 11 in 6 231.4 232. I 228. IV 0 230. Year 2 230.5 ! 26.8 11 0 12.2 3.7 25.2 8 8 12.6 3.8 29.0 12 2 12.8 3. 9 26. 6 10. 4 12. 5 3. 7 30.2 13 5 12.8 3.9 30.6 13.8 12.9 3. 9 30.5 13 7 12.9 3.9 28.0 11. 6 12.6 -- _ _ _ _. ._ 114.2 20.0 68.8 5 9 115.0 19. 6 69. 8 6. 0 116.9 20. 3 70. 5 6.1 118.3 20. 0 71.2 6. 1 116.1 20. 1 70. 1 6.0 118.9 20.4 71.6 6.2 119.8 20.3 72.0 6.4 118.9 19.5 71.9 6.7 118.6 19.3 72.0 6.9 29.8 1 13.2 I 12.8 3.9 ! i 119.1 19.9 71.9 6.6 19. 5 19. 6 20.0 20.4 19.9 20.7 21.0 20.8 20.5 20.7 ! 73.5 10.8 24.8 6.7 74.7 10.9 25.3 6.7 76.2 11.2 25.8 6.9 77.9 11.4 26.4 7.0 75.6 11. 1 25.6 6.8 79.5 11.7 26.8 7.2 81.0 12.0 27.2 7.3 82.6 12.3 27.8 7.3 83.6 12.2 28.5 7.3 81.7 12.0 27.6 7.3 31. 2 31.7 32.3 33.2 32. 1 33.8 34.5 35.2 35.6 34.8 1 \ __._......_- J -- - - 213. 4 III 25.6 9 6 12.4 3.6 _ _ _ _ _ -_ 11 __ _ . - __ _._ I - -- - - 1 \ | SURVEY OF CURRENT BUSINESS ."July 11150 31 Income, Seasonally Adjusted Quarterly Totals at Annual Rates, 1952—55 [Billions of dollars] 1954 Line 1 1955 I n III IV 360. 7 377.3 387. 4 396.8 401.9 390.9 28.8 30.2 14 30.3 31.4 1 4 31. 1 32.4 1 4 31.7 32.8 14 2.7 31.3 32.5 1 4 1.2 32.2 33.4 1 4 .6 1.8 -.2 2 .7 .1 , .3 303. 1 298.3 311.3 321. 9 328. 3 334. 4 324.0 32.5 9.7 .0 34.7 9.8 .0 32.9 38.5 10.6 .1 40.2 10.9 41.6 11.3 43.4 11.4 40.9 11.1 —.6 .0 14 8 5.2 9.9 1.4 15 0 5.2 10.0 1.4 15 8 5.2 15.0 16 2 16.0 16 3 16 1 10.3 10.0 10.7 12.1 11.2 1.4 1.4 11.0 285.6 286.9 291.4 295.1 303. 8 309. 6 314.6 306.1 II III IV 357. 6 358,5 359. 4 367. 1 28,0 30.0 14 1.9 28.5 30.1 1 4 2.0 29.6 30.6 1 4 2.1 —. 5 .2 29 0 29.9 14 1.4 __ o -.4 295.8 296.7 297.6 Less: Corporate profits and inventory valuation adjustment Contributions for social insurance . _ Excess of wage accruals over disbursements 31.7 9.6 .0 32.7 9.7 .0 11 12 13 14 Plus: Government transfer payments Net interest paid by government Dividends Business transfer payments - 14.3 5.1 9.7 1.4 15 Equals: Personal income 284, 9 1 Gross national product 2 Less: Capital consumption allowances Indirect business tax and nontax liability Business transfer payments Statistical discrepancy 3 4 5 - _ _ ___..__ o Plus: Subsidies less current surplus of government enterprises „ 8 9 10 Equals: National income -- - - 1.4 Year 1.8 9.7 .0 5.2 1.4 287.3 3.0 15 9 5. 2 10.4 .5 5.2 5.2 1.4 Year 5.3 1.4 .0 5.2 1.4 by Major Type, Quarterly, 1952-55 [Billions of dollars] 1954 1955 Line • 1 2 3 4 5 i Goods and services, total ..__ . __ Durable goods, total Automobiles and parts Furniture and household equipment Other durable goods _._ 6 7 8 9 10 H 12 Nondurable goods, total Clothing and shoes .. _ _ Food and alcoholic beverages ._ ._ Gasoline and oil Sernidurable housefurnishings _ . ______ Tobacco Other nondurable goods _ _ _ _ _ _ 13 14 15 16 17 18 19 Services total Household operation Housing Transportation Personal services Recreation Other services _ _ . __ _ __ ______ _ _. 1 f ] [ _ | III II IV Year I II III Year IV 55.1 i 58.7 58. 0 64. 7 236. 5 58.7 63.0 62.9 69.4 254.0 6. 4 2. 9 28 .7 7. 5 3. 6 31 .9 6. 9 2. 9 8. 6 3. 2 31 .8 39 1.6 29.4 12.6 12 9 7.9 4.1 9.2 4.8 8.8 4.4 9.8 3.8 31 .7 3 4 3 5 4 3 35.7 17.2 14 3 27, 4 3. 9 17. 1 1.6 29. 7 o.O 18. 0 L.9 29. 6 4. 2 18. 8 1.9 34. 2 6. 6 19. 3 1.8 120.9 19.7 73.2 28.2 30.8 17.5 18.8 1.7 4.9 4.7 4. 7 6. 5 20.8 5.1 21 3 3.4 7.2 i 1.7 21 6 31 7.3 1.9 21 5 29 7. 4 1.9 21 9 33 7. 4 1.8 86 3 12 6 29 3 22 6 3 7 7 5 9.0 i 9.4 9. 4 9. 4 37.1 ___ _ _ _ I 3.9 7.2 7.3 1.7 4.2 31.1 36.0 2.0 19.7 2. 1 20.1 126.2 20.6 76.0 4.9 4.8 7.0 21.8 23 0 3 4 7 6 23 5 3 7 7 8 92 1 14 0 30 6 1.7 1.9 23 1 33 7 7 1.9 7.5 96 10. 1 10 2 10 2 40 1 4.0 1.0 5.1 .9 4.5 1.9 7.0 1.9 7.7 I Seasonally Adjusted Quarterly Totals at Annual Rates, 1952—55 [Billions of dollars] 1954 me 1 i i II III IV Year I II III IV Year I 232, 2 235.0 237 8 241 1 236 5 246 7 251 8 257 8 259 5 254 0 Durable goods, total _ _ _ _ Automobiles and parts Furniture and household equipment Other durable goods \ i 1 28.5 11.9 12. 8 3. 7 29.2 29.4 12.5 12.9 4 0 30.4 13.4 12.9 4 1 29.4 12.6 12.9 39 34 7 16.8 13 9 4 1 35 3 16.9 14 1 4 2 37 2 18.5 14 5 4 2 35 16 14 4 4 5 5 4 35 7 17 2 14 l>3 4 j i \ i i] > ] 119. 2 19. 5 72 2 7.0 120.3 19. 7 72 6 122.5 19 9 74 2 7 4 120.9 19 7 73 2 7 2 122.5 19 9 7 5 125.3 20 6 75 5 7 7 127.6 20 8 77 2 7 8 129 21 77 7 2 3 8 8 126 2 20 6 76 0 7.1 121.5 19 5 73 8 7 2 n Nondurable goods, total . Clothing and shoes Food and alcoholic beverages Gasoline and oil Sernidurable housefurnishings Tobacco Other nondurable goods 20. 5 20 9 21 0 20 9 20 8 21 4 21 5 21 9 22 3 21 8 13 14 15 16 17 18 19 Services, total. Household operation.Housing Transportation Personal services _ Recreation Other services. . 84.5 12.4 28.8 7 3 85.5 12.4 29. 1 7 2 86.9 12.6 29.4 7 2 88 3 13. 1 29.8 7 3 86.3 12.6 29.3 7 3 89 5 13 4 30. 1 7 4 91 13 30 7 2 6 5 4 92 9 14 2 30.8 7 5 94 14 31 7 92 14 30 7 36. 1 36.8 37.6 38 1 37 1 38 6 39 7 40 5 41 4 9 3 4 5 6 7 H q 10 11 Goods and services, total 1955 __ _ _. _ _ _ _ _ _ _ _ _ _. _ ... _ __ i i '] i> ] 12.4 12.8 4.0 9 8 1 6 1 0 6 5 40 1 * BUSINESS STATISTICS Wontti [Annual averages (or totals) for 1955 are provided herein; see reference note on p. 5 regarding data for June 1956.] I. HE STATISTICS here are a continuation of the data published in BUSINESS STATISTICS, the 1955 Statistical Supplement to the SURVEY 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 significantly revised since publication of the 1955 Supplement are indicated by an asterisk (*) and a dagger (f), respectively. In most instances, the terms "unadjusted" and "adjusted" used to designate index numbers and dollar values refer to adjustment 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 1956 1955 May July June August Septem- October Novem- December ber ber Annual total January February March April May GENERAL BUSINESS INDICATORS NATIONAL INCOME AND PRODUCT Seasonally adjusted quarterly totals at annual ratesrf National income total bil of dol Compensation of employees total Wages and salaries total Military Government civilian Supplements to wages and salaries r _ 321 9 ' 221 6 209. 0 172 9 r 10 0 r 26.1 r 12 6 do do do do do r Proprietors' and rental income total cf do Business and professional cf 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 10.6 41.6 43 5 22.0 21 5 -1.9 11.0 387 4 ' 396. 8 '401 9 r ' 259 5 ' 254 0 '35.4 ' 35. 7 ' 129 2 ' 126 2 ' 94.9 ' 92 1 41 1 20 7 20 3 r — 9 r do do do do ' 251 8 '35.3 125 3 r 91. 2 Gross private domestic investment, total New construction Producers' durable equipment Change in business inventories do do do _ do r r r r 4 9 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 Personal saving § do_ - 'r 62. 3 33 5 r 25.0 '3. 7 60.2 32 9 22.4 n T r r T 76. 5 46 6 '41 3 r 29. 9 T 303 8 35.3 268 5 r T T * 16.7 40.9 42 7 21 5 21 1 '—1 7 ' 10 8 40.9 43 7 22. 1 21 6 '—2 8 ' 11.5 ' 403. 4 '390 9 ' 261 7 ' 34 8 ' 130 5 ' 96.4 ' 60 6 '32 7 '23 7 '4 2 r ' 76 8 ' 46 7 ' 41 2 30.1 ' ' ' ' 63 1 ' 32 6 ' 26. 4 r 4 I I r_ § T r 76.2 46 3 Ml 3 r 29.9 49 5 28 2 11 5 '9 8 ' 65 1 ' 33 0 ' 25 9 ' 6 1 .2 ' 233 0 ' 219.4 ' 182 5 '9 6 27.3 13 6 ' 49 3 ' 49 1 28.0 27.3 ' 11 4 11 7 10. 1 '9 8 '43 4 ' 46 4 ' 23.4 ' 23 0 '—3 0 ' 11.3 257. 8 '37.2 ' 127 6 '92. 9 334 9 ' 223 2 ' 210 4 ' 174 5 '9 8 ' 26. 1 12 8 40. 2 r T r r Personal consumption expenditures, total Durable goods Nondurable goods Services do do do ' 230 3 ' 217.0 ' 180 5 '9 7 '26.8 ' 13 3 49.0 27.7 11 3 10.0 T Personal income total Less: Personal tax and nontax payments Equals* Disposable personal income ' 334 4 ' 324 0 r 49 5 27.1 12 2 10 2 r T do Gross national product total ' 328 3 226 8 '213.6 r 177 5 '9.8 26.4 13.2 r r ' 78 1 ' 47 2 '40 6 ' 30 9 * 15.9 18.8 5 4 5 1 ' 317 5 ' 37 3 ' 280 2 '314 6 '306 1 ' 36 3 ' 35.5 ' 278 4 ' 270 6 309 6 ' 35. 9 073 g 78 46 40 32 ' 18. 6 ' 16 6 PERSONAL INCOME, BY SOURCE Seasonally adjusted, at annual rates :f Total personal income _. . _. _ _ .. _ -bil. of dol Wage and salary disbursements, total Commodity-producing industries Distributive industries Service indu strics Government 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- - ' 304. 3 r ' 208. 8 90.8 54.7 27.9 35.4 ' 210. 5 91.4 55. 3 28.1 35 7 6 9 49.7 26.5 17 6 5.2 306. 0 r 309. 2 * 214. 5 92.1 56.1 28.6 37 7 70 49.4 26.7 J7 6 r7i 48.5 26. 9 17 5 5.2 5.3 r r 308. 7 '213.4 92.1 56.5 28.7 36.1 T '311.0 '311.6 ' 314. 5 ' 317. 5 ' 214.7 '215.3 ' 217. 2 '94.2 '92.8 '93.3 ' 56. 9 ' 56. 7 ' 57.3 '28.9 '28.7 '29.3 r ' 36 4 ' 36.4 36 3 7. 1 49.0 27.1 17.4 ' 7 2 T 49. 4 '27.6 5.3 5.3 r 17 4 ' 218. 2 94.5 57.6 29.4 36 7 ' 306. 1 '316.7 ' 210.4 ' 219. 0 '90.9 94.8 57.9 ' 55. 4 29.5 '28.2 ' 35 9 36 8 '317.1 ' 318. 6 ' 218. 9 ' 220. 3 '94.7 95. 1 '57.9 58.4 '29.5 29. 6 ' 36 8 37 2 '321.7 323 0 ' 222. 9 ' 96.8 '59.1 '29.8 ' 37 2 223.3 96.8 59.1 30.0 37 4 7 50 29 18 ' 7 2 '49.1 '27.9 ' 17 4 '7 2 '49.6 '28.1 r 17 7 '7 3 49.2 30. 2 18 0 7 0 49 1 '27.3 ' 17 6 ' 7 3 49.4 28.5 18 2 7 2 '49.7 '28.7 ' 18 3 '7 2 49 5 28.8 18 5 '7 2 ' 49 7 ' 29 1 ' 18 6 5.3 5.3 5.4 5.2 5.7 5.7 5.7 '5.8 2 3 3 7 5.8 r Total nonagricultural income do 288. 6 r 290. 4 ' 294. 7 r 293. 8 ' 295. 9 ' 296. 9 ' 299. 4 ' 302. 8 ' 290. 9 ' 301. 6 ' 301. 5 ' 304. 0 ' 306. 8 307.8 ' Revised. f Revised series. Effective with this issue of the SURVEY, estimates of national income and product and personal income have been revised back to 1952 (see pp. 7 ff.); for data prior to 1952, see the 1954 NATIONAL INCOME SUPPLEMENT or the 1955 edition of BUSINESS STATISTICS. cf 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. S-l