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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 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. 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]
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

1957

1956
February

March

April

May

June

July

August Septem- October Novem- December
ber
ber

January

February

March

GENERAL BUSINESS INDICATORS
NATIONAL INCOME AND PRODUCT
Seasonally adjusted quarterly totals at annual ratesrf
National income, total
bil. of dol__

334.9

338.7

343.5

233 0
219 4
182.5
96
27.3
13 6

237 2
223 5
186.2
9 5
27.8
13 8

240 4
226 2
188.3
95
28.5
14 2

245.5
231 1
192.9
9.5
28.7
14.4

49.5
28 2
11.5
98

49.9
28 9
11.3
9 7

50.7
29 5
11.6
9 7

51.7
29 9
12.1
9.7

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
41
20
20
_
12

4
2
8
4
g
0

—3 3
12.4

do

403 4

408 3

413 8

423 8

do
do
do_
do

261 7
34 8
130.5
96 4

263. 7
33 4
132.3
98.0

266 8
33 0
134 0
99 7

270 9
34 8
134.7
101 4

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

63.1
32 6
26.4
4. 1

64.7
33 6
27.5
3.5

65 1
33 6
29.5
20

68. 5
32 9
31. 5
4 1

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

.1

1.2

1.7

2.4

78 5
46.4
40 5
32.1

78.7
46.1
40 7
32.6

80 2
47.2
41 9
33 0

82 0
48.3
43 2
33 7

317 5
37 3
280.2

322.9
38 1
284.9

327 0
38 8
288 2

333 2
39 9
293 3

18 6

21.2

21 4

22 4

Compensation of employees, total
Wages and salaries, total
Private
.
Military
Government civilian
Supplements to wages and salaries

do
do
do
..do
do._ .
do

Proprietors' and rental income, totalcf
do
Business and professionalcf
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.
Gross national product total
Personal consumption expenditures, total
Durable goods
Nondurable goods
- -Ser vices

Persona] income total
Less* Personal tax and nontax payments
Equals: Disposable personal income

do
do
- do-

Personal saving§

do

PERSONAL INCOME, BY SOURCE
Seasonally adjusted, at annual rates :f
Total personal income
Wage and salary disbursements, total
Commodity-producing industries
Distributive industries
Service industries
Government

bil of dol
- do
do
do_
do
do-

Other labor income
. _ _ ._
doProprietors' and rental income
do
Personal interest income and dividends
do
Transfer payments
-do
Less personal contributions for social insurance
bil. of dol- .

317 1

318 6

321 7

322 8

324 9

324 3

328 1

329 5

332 5

333 5

334 0

r

335 0

336 6

337 6

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

229.7
100.6
60.2
30 9
38.0

231 0
101.1
60.6
31 1
38 2

232 9
102.3
60 9
31 3
38 4

'r 232 7
101. 2
r
61 5
r
31 3
r
38 7

233 7
101.9
61 5
31 4
38 9

234.2
101.9
61.8
31 5
39.0

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

7.4
52.3
30.2
18.9

7 4
51.7
30.3
19.1

74
51.2
29.2
19.3

75
51.3
30.6
19.6

7 5
51.5
30.7
19.9

7.5
51.5
30.9
20.2

5.7

5.7

5.8

5.8

5.8

5.8

5.9

5.9

6.0

6.0

6.0

6.7

6.7

6.7

T

309.4
314.4
310,3
Total nonagricultural income.,
do
301.5
304.0
322.2
306.8
307.6
318.8
'319.7
321. 3
312.8
316.3
317.9
r
Revised.
tRevised 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.
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.




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