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y BUSINESS STATISTICS
JL 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 (t), respectively. Except
as otherwise stated, the terms "unadjusted" and "adjusted" refer to adjustment for seasonal variation.
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.
[Averages for the year 1955 are provided in the July 1956 issue of the SURVEY]
1955
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of Novem- DecemBUSINESS STATISTICS
ber
ber

1956
January

February

March

April

May

June

August

July

Septem- October Novem- December
ber
ber

GENERAL BUSINESS INDICATORS
NATIONAL INCOME AND PRODUCT
Seasonally adjusted quarterly totals at annual rates :t
National income, total . _ _ _
bil. ofdol.Compensation of employees, total
Wages and salaries, total
Private
Military
Government civilian
Supplements to wages and salaries

334.4

Proprietors' and rental income, totaled
Business and professionalcf
-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

338.7

343.5

233.0
219.4
182 5
9.6
27 3
13.6

237.2 --223.5
186 2
9.5
27 8
13.8

240.4
226.2
188 3
9.5
28 5
14.2

49 3
28.0
11 4
9.8

49 5
28 2
11 5
9.8

49 9
28.9
11 3
9.7

50 7
29.5
11 6
9 7

43.4
46 4
23 4
23 0
—3. 0
11 3

do
do
do
do
adjustof dol
do
do
do
do -do

334. 9

230.3
217.0
180 5
9.7
26 8
13.3

do
__ _ do
do
do
do
--- do

40.9
43 7
22 1
21 6
-2.8
11 5

39.8
42.9
21 7
21.3
-3.1
11 7

40.4
41 2
20 8
20 4
-.8
12 0

-

do

401.9

405.4

408.3

413 8

do
do
do ._
do

259.5
35 4
129.2
94 9

261.7
34 8
130. 5
96 4

263.7
33 4
132.3
98.0

266 8
33 0
134.0
99 7

Gross private domestic investment, total - do New construction
do
Producers' durable equipment
do
Change in business inventories
do

65.1
33 0
25 9
6. 1

63.1
32 6
26 4
4 1

64.7
33 6
27 5
35

65
33
29
2

Net foreign investment
- do __
Government purchases of goods and services, total
bil of dol
Federal (less Government sales)
do
National security ?
do
State and local
do

-.8

.1

Gross national product, total
Personal consumption expenditures, total
Durable goods
Nondurable goods
_
-Services

1
6
5
0

1.2

17

78 1
47.2
40 6
30 9

78
46
40
32

5
4
5
1

78 7
46.1
40 7
32 6

80 2
47 2
41 9
33 0

Personal income, total
Less' Personal tax and nontax payments
Equals* Disposable personal income

do
do
do

314.6
36.3
278 4

317.5
37 3
280 2

322.9
38 1
284 9

327 0
38 8
288 2

Personal saving §

do

18.8

18 6

21.2

21 4

PERSONAL INCOME, BY SOURCE
Seasonally adjusted, at annual rates :f
Total personal income

bil of dol

314 5

317 5

316 7

317 1

318 6

321 7

322 8

324 9

324 3

328 1

329 5

T

332. 5

333 6

r

229. 7
100. 6
r
60. 2
r
30. 9
r

38.0

230. 7
101.2
60.4
31.1
38.0

7.4
52. 3
30.2
18.9

7.4
52.0
30.4
19.1

6.0

6.0

Wage and salary disbursements, total
do
Commoditv producing industries
_.
do _ _
Distributive industries
- do _
Service industries
- ___ - do__
Governmcnt
- do -

217.2
94.2
57.3
29.3
36.4

218.2
94.5
57.6
29.4
36.7

219.0
94.8
57.9
29.5
36.8

218.9
94.7
57.9
29.5
36.8

220.3
95. 1
58.4
29.6
37.2

222.9
96.8
59. 1
29.8
37.2

223 2
96.8
59.1
30.0
37 3

225.2
97.5
59.9
30.2
37.6

224.0
95.9
59.9
30.4
37.8

227.1
98.3
60.3
30.6
37.9

228.5
99.1
60.5
30.8
38.1

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—

7.2
49.6
28.1
17.7

7.3
49.2
30.2
18.0

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

7.2
50.1
29.4
18.7

7.3
50.0
29.6
18.6

7.3
50.5
29.7
18.6

7.3
51.0
29.8
18.8

7.3
50.9
30.0
18.7

5.3

5.4

5.7

5.7

5.7

5.8

5.8

5.8

5.8

5.9

5.9

r

r

314.4 r 316. 3
309.4
299.4
301.6
304.0
302.8
301.5
307.6
Total nonaericultural income...
_. do _ - _
310.3
312.8
317.7
306.8
'Revised.
t Revised series. Estimates of national income and product and personal income have been revised back to 1952 (see pp. 7 ff. of the July 1956 SURVEY); for data prior to 1952, see the 1954
NATIONAL INCOME SUPPLEMENT or the 1955 edition of BUSINESS STATISTICS.
d* 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.
411523°—57-




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Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102