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SURVEY OF CURRENT BUSINESS 8 July 1957 Table 1.—National Income by [Millions of dollars] Line 1 2 Nations! income Compensation of employees 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 10 11 12 13 14 -- - Income of unincorporated enterprises and inventory valuation adjustment. Business and professional __ Income of unincorporated enterprises Inventory valuation adjustment Farm __ 15 Rental income of persons 16 Corporate profi ts and inventory valuation adj ustment 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 -- -- 1929 1930 1931 1932 1933 1934 1935 87,814 75, 729 59,708 42,547 40, 159 48,959 51,085 46,844 39, 740 31, 054 29,539 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 4,674 662 101 561 657 106 551 621 111 510 14,759 11,540 8,791 8,649 142 5,968 1936 1937 1938 1939 57,057 64, 911 73, 618 67,581 72,753, 34,295 37, 340 42, 910 47, 934 44, 994 48, 108 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 7,811 577 126 451 542 133 409 590 147 443 650 171 479 990 418 572 1,827 1,234 593 2,018 1,423 595 2,167 1,540 627 8,734 5,316 5,599 7,010 10, 387 10, 482 12, 691 11,128 11,610 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 j Table 2.—Gross National Product [Millions of dollars] 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 78, 952 70, 968 61, 333 49, 306 46, 392 51, 894 56,289 62, 616 67, 259 64, 641 67, 578 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 16, 231 10, 265 5,523 913 1,391 2,888 6,277 8,404 11, 747 6,661 9 309 8,707 3,625 5,082 6,183 2, 075 4,108 3,968 1,565 2,403 1,431 1,709 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 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 Change in business inventories Nonfarm Farm 1 674 1,836 -162 —383 -83 -300 — 1 284 -1,608 —2 556 -2,590 1,125 34 —1,629 -1,370 -259 195 -1,320 912 376 536 954 2,066 -1,112 2 249 1,726 523 —943 — 1,046 103 372 316 56 771 690 197 169 150 429 54 -93 62 1,109 888 8,482 9, 182 9,218 8,078 8,031 9,764 9,990 11,816 11,712 12,816 13, 320 1,311 1,410 1,537 1,480 2,018 2,991 2,931 4,815 4,552 5,280 ) 5, 286 1929 Line 1 2 3 4 5 6 7 8 9 10 11 12 13 Gross national product Personal consumption expenditures _. Durable goods Nondurable goods Services Gross private domestic investment New construction Residential nonfarm Other __ 14 Net foreign investment 15 Government purchases of goods and services. 16 17 18 19 20 21 Federal National security National defense Other national security Other _Less' Government sales 22 State and local _ __ _ __ - _ __ 324 1,876 630 1,246 470 961 625 1, 344 1, 432 1, 549 1,484 2,022 2, 997 2, 935 4, 818 4, 557 33 22 12 4 4 6 4 3 5 6 7,171 7,772 7,681 6,598 6,013 6,773 7,059 7,001 7,160 7,536 | 5,157 1, 258 I 3, 908 9 8,163 SUEVEY OF CURRENT BUSINESS July 1957 Distributive Shares, 1929-56 9 [Millions of dollars] 1952 1954 1950 1951 216, 193 239, 956 277, 041 290, 177 302, 129 298, 955 324,068 343, 620 1 140, 927 140,858 154,325 180, 420 195,095 208,069 206,849 223,072 241,372 2 122, 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, 513 161, 183 9,951 24,379 210, 339 174, 446 9,778 26, 115 227, 237 189, 383 9,702 28, 152 3 4 5 6 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, 336 5,122 6,214 12, 733 5,816 6,917 14, 135 6,616 7,519 7 8 9 30, 835 35, 265 34, 433 38, 389 34, 149 36, 140 40, 809 40, 852 39, 171 38,560 39, 191 39, 617 10 18, 040 18, 109 -69 11, 525 19,011 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, 930 -54 12, 684 27, 339 27, 597 -258 11, 852 28, 017 28, 577 -560 11, 600 11 12 13 14 5,097 5,413 5,634 6,208 6,510 7,198 7,874 8,473 9,129 9,906 10, 152 10, 585 10,204 10,322 15 19, 678 23, 781 23, 033 18, 413 17, 288 23, 626 30, 619 28, 141 35, 106 39, 913 36, 903 36,042 33, 134 40, 724 40,449 16 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, 769 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, 452 17, 429 16, 023 9,874 6,149 -318 42, 473 21, 520 20, 953 11, 048 9,905 -1,749 43, 008 21, 959 21, 049 11,874 9,175 -2, 559 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 9,827 10, 877 11,860 23 1955 1956 1948 1947 1945 1946 182, 639 181,248 179,577 197, 168 221, 641 109, 587 121,286 123, 181 117, 697 128, 757 82, 109 66, 123 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 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 13,010 17, 401 23, 907 28, 187 29, 565 8,442 8, 487 -45 4,568 10, 897 11, 512 -615 6,504 13, 899 14, 266 -367 10, 008 16, 823 16, 979 -156 11, 364 2,885 3,465 4,547 9,120 14,511 9,320 2,834 6,486 4,043 2,443 -200 4,490 1943 1940 1941 1942 81, 634 104, 710 137,694 170,310 52, 129 64,789 85,271 49, 818 41, 395 563 7,860 62, 086 51, 894 1,866 8,326 2,311 1,624 687 1944 or Expenditure, 1929—56 1949 1953 1955 1956 Line Millions of dollars] 1954 1952 1953 328, 232 345, 445 363, 218 361, 167 391, 692 414, 686 1 194, 026 208,342 218, 328 230,542 236, 557 254, 421 267, 160 2 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, 571 86,632 35, 649 125, 968 92,804 33, 948 133, 337 99, 875 3 4 5 41, 176 32,549 51,219 56, 864 49,808 50,325 48,381 60, 605 65, 923 6 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 11,100 12, 623 25, 778 11, 930 13, 848 27, 806 13, 496 14, 310 32, 672 16, 595 16, 077 33, 276 15, 319 17, 957 7 8 9 10, 733 16, 667 19, 110 17, 833 21, 135 23, 177 23, 116 24, 293 22,490 23, 701 28,093 10 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 -1,915 -2, 409 494 4,232 3,961 271 4,554 5,024 -470 11 12 13 -1,438 4,586 8,942 1,956 534 -2, 201 227 -164 -2,017 -412 -420 1,376 14 96, 529 82, 867 30, 918 28, 608 36, 584 43, 620 42, 023 62, 799 77, 473 84,368 76, 641 77,086 80,227 15 81, 223 80, 384 89, 006 88, 615 74, 796 75, 923 20,934 21, 188 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 22, 138 18, 511 14, 257 4 254 3J882 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 8i 423 417 48, 928 43,065 41, 189 1 876 6^242 379 46, 785 41, 269 39, 081 2, 188 5,' 934 418 47, 199 42, 405 40,356 2 049 5i 192 398 16 17 18 19 20 21 7,690 7,394 7,523 8, 071 9,984 12, 832 15, 565 18, 175 19, 885 21, 804 23, 213 24, 887 27, 713 30, 301 33, 028 22 1948 1949 1950 232, 228 257,325 257, 301 285,067 146,617 164, 973 177, 609 180, 598 8,105 73, 222 40, 372 15, 892 84, 501 46, 224 20, 593 93, 077 51, 303 22, 214 98. 741 56, 654 7,130 10, 430 27, 125 29, 705 2,712 815 1,897 3,833 1,100 2,733 10, 291 4,015 6,276 5,438 7,654 -1,020 -575 -445 -1,057 -595 -462 -2,099 88, 617 52, 027 49, 567 3,173 44 7,828 1943 1944 1945 159, 133 192,513 211,393 213, 558 209, 246 81, 875 89, 748 100, 541 109, 833 121, 699 7,771 37, 215 26, 895 9,659 43, 208 29, 008 6,968 51, 324 31, 456 6 605 59, 259 34, 677 6,764 65, 368 37, 701 13, 155 18,072 9,875 5,600 5,452 2,985 2,467 6,629 3,510 3,119 3,721 1,715 2,006 2,326 885 1,441 5,531 6,942 4,343 4,027 2,172 1,902 270 4,501 4,049 452 1,811 652 1,159 -753 -577 -176 1,509 1,124 -207 -2,245 14,073 24,751 59,717 6,170 2,223 16, 923 13, 794 3,956 9 7,903 1940 1941 1942 100, 618 125, 822 71, 881 1946 1947 1951 Line . 430397°—57 SURVEY OF CURRENT BUSINESS 10 July 1957 Table 3.—Personal Income and [Millions of dollars] Line 1 Personal income 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 85, 763 76, 881 65, 698 50, 115 47, 208 53, 575 60, 210 68, 480 73, 921 68, 554 72, 88^ 50, 423 46, 187 39, 119 30, 477 33, 705 36,690 479 12, 048 46, 107 42, 976 12, 495 443 8,704 41, 920 16, 318 451 8,029 28, 997 20, 184 12 258 14 772 13 688 45,941 627 14 352 2 3 4 Wage and salary disbursementsOther labor income Proprietors' and rental income 5 6 7 Dividends _ Personal interest income Transfer payments _ . 5,813 7,428 1,496 5,490 6,949 1,533 4,088 6,923 2,714 2,565 6,575 2,170 2,056 6,212 2,116 2,587 6,099 2,194 2,863 5,892 2,400 4,548 5,842 3,520 4,685 5 912 2,418 3,187 5 828 2,834 3,788 5 809 2,963 8 Less' Personal contributions for social insurance 142 147 151 152 152 157 162 180 566 554 596 2,643 1,263 1,380 2,507 1,134 1,373 1,858 1,455 1,464 1,888 1, 124 474 990 1,595 1,251 1,000 1,061 2,258 1,130 1,128 2,921 1,723 1,198 2,862 1,635 1,227 2,440 1,235 1,205 83, 120 74, 374 63, 840 48, 660 45, 744 51, 980 58, 322 66, 222 71, 000 65, 692 70, 444 78, 952 70, 968 61, 333 49, 306 46, 392 51, 894 56,289 62, 616 67, 259 64, 641 67, 578 4,168 3,406 2,507 -646 -648 86 2,033 3,606 3,741 1.051 2,866 .. ._ 561 __ _ 1 9 10 11 Less Personal tax and nontax payments Federal State and local 12 Equals; Disposable personal income 13 Less: Personal consumption expenditures 14 Equals: Personal saving.. _ ._ _ 551 510 607 331 409 7,570 595 827 572 593 595 Table 4.—Relation of Gross National Product, [Millions of dollars] 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 8,617 7,698 413 506 8,541 7,737 389 415 8,166 7,552 351 263 7,615 7,038 329 248 7,161 6,661 275 225 7,112 6,598 237 277 7,235 6,665 236 334 7,496 6,700 381 415 7,746 6,910 304 532 7,783 6 939 387 457 7,838 7, 121 222 495 95 819 82 564 68 105 50, 851 48, 803 57, 863 65, 267 75, 247 83 034 77 444 83 257 1929 Line 1 Gross national product 2 3 4 5 Less: Capital consumption allowances _ Depreciation 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 -49 -45 18 283 403 39 60 176 485 8 9 10 Less: Indirect business tax and nontax liability _ _ Business transfer payments Statistical discrepancy 7,003 587 268 7,155 534 —977 6,859 649 840 6,768 737 754 7,055 659 948 7,815 641 731 8,190 594 — 171 8,663 594 1,118 9,157 567 —248 9,154 429 456 9,365 451 1,173 11 Equals: National income 87, 814 75, 729 59, 708 42, 547 40, 159 48, 959 57, 057 64, 911 73, 618 67,581 72, 753 12 13 14 15 16 Less' Undistributed corporate profits Corporate profits tax liability _. . Corporate inventory valuation adjustment Contributions for social insurance Excess of wage accruals over disbursements 2 446 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 1 615 744 -625 304 0 — 669 951 -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 17 18 19 Plus: Net interest paid by Government Government transfer payments . Business transfer payments 983 909 587 964 999 534 1,084 2,065 649 1,141 1,433 737 1,170 1,457 659 1,230 1,553 641 1,141 1,806 594 1,101 2,926 594 1,204 1,851 567 1,192 2,405 429 1,205 2,512 451 85, 763 76, 881 65, 698 50, 115 47, 208 53, 575 60, 210 68,480 73,921 68, 554 72,884 20 __ - - 11 SURVEY OF CURRENT BUSINESS July 1957 Disposition of Income, 1929-56 [Millions of dollars] 1949 1950 1951 1952 208, 743 206,818 227,050 255,340 271,775 286, 006 287, 417 305, 942 326, 885 1 122, 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, 513 6,214 49, 145 210, 339 6,917 49, 395 227, 237 7,519 49, 939 2 3 4 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 9, 874 15,021 16, 223 11,048 16, 086 17, 354 11, 874 17, 599 18, 453 5 6 7 2,333 2,011 2,118 2,178 2,234 2,894 3,417 3,753 3,940 4,573 5,197 5,736 8 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, 954 29, 155 3,799 35, 753 31, 521 4,232 39, 683 35, 110 4,573 9 10 11 133, 547 146, 761 150,355 159, 182 169, 016 187, 601 188, 157 206, 130 226,069 237,374 250, 235 254,463 270, 189 287, 202 12 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, 557 254, 421 267, 160 13 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, 906 15, 768 20,042 14 1950 1951 1952 1953 1954 1955 1956 1945 1946 1947 1948 1943 1944 123,497 151,392 165,696 171, 222 177, 990 190, 522 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 1,89] 41, 473 4,043 5,781 3,114 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 6,165 658 801 1,166 1,839 2,236 2,604 1,364 1,240 3,293 2,016 1,277 5,981 4,668 1,313 17, 845 16, 517 1,328 76,076 92,982 117,516 71,881 81,875 4,195 11, 107 1940 1941 1942 78, 680 96,275 49, 818 687 15, 895 1953 1954 1955 1956 Line National Income, and Personal Income, 1929—56 [Millions of dollars 1940 1941 1942 1943 1944 100, 618 125,822 8,148 7,316 246 586 1945 1946 159, 133 192,513 211,393 213, 558 209, 246 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 92, 470 116, 781 148, 978 181, 647 199, 386 420 102 150 183 10, 021 431 804 11, 296 502 375 11, 769 495 -830 81, 634 104,710 2,443 2,834 -200 2,282 0 1948 1949 232, 228 257, 325 257,301 285, 067 328,232 345, 445 363,218 361, 167 391, 692 414, 686 1 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, 923 25, 591 917 2,415 31, 611 28, 110 1,055 2,446 34, 266 30, 588 746 2,932 2 3 4 5 201, 009 197, 580 218, 110 240,831 238, 870 264,551 304, 763 321, 555 336, 732 332, 244 360, 081 380, 420 6 652 760 835 -227 -138 -423 -232 233 1,102 7 12, 735 505 -1,720 14, 127 506 2,766 15, 522 532 4,467 17, 349 557 932 18, 658 674 1,383 137, 694 170, 310 182, 639 181,248 179,577 4,914 7,610 -2, 471 2,784 0 5,178 11,415 -1,204 3,468 0 5,996 14, 074 -773 4,516 209 5,698 12, 949 -287 5,173 -193 3,597 10, 689 -564 6,138 14 1,291 2,683 431 1,289 2,611 502 1,517 2,648 495 2,140 2,459 505 2,809 3,082 506 78, 680 96, 275 123, 497 151,392 165, 696 1947 Line -171 -181 204 187 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, 133 1,262 1,662 32, 862 1,303 2,081 35, 000 1,303 1,599 8 9 10 197, 168 221, 641 216, 193 239, 956 277, 041 290, 177 302, 129 298, 955 324, 068 343, 620 11 7,656 9,111 -5, 263 5,981 -30 11,721 11, 283 -5, 899 5,683 15 13,011 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 6,149 17, 429 -318 9,695 0 9,905 21, 520 -1,749 11,013 0 9,175 21, 959 -2, 559 12, 352 0 12 13 14 15 16 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 1,262 5,209 16, 051 1,303 5,739 17, 150 1,303 17 18 19 171, 222 177, 990 190,522 208, 743 206, 818 227, 050 255, 340 271, 775 286,006 287, 417 305, 942 326,885 20 SURVEY OF CURRENT BUSINESS 26 July 1957 Table 42.—National Income by [Billions of dollars] 1952 Line I t National income _ __ 2 Compensation of employees Wages and salaries 3 4 Private - _ . Military 5 Government civilian 6 Supplements to wages and salaries 1 18 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 liabilitv Corporate profits after tax.. .. Inventory valuation adjustment 17 Net interest 18 Addendum : Compensation of general government employees II III 1953 Year IV I II III Year IV 69.6 71.3 73.3 75.9 290.2 74.8 76 5 76.0 74 8 302 1 46.9 44.3 36.2 2 5 56 2.6 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 59 2 8 52.0 49 1 40 7 2 6 59 2 8 52.6 49 9 41.7 2 6 56 2 7 52 50 41 2 6 2 8 3 6 6 1 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 13.2 6.4 4.2 2. 5 12.5 6.6 3.4 2 5 50.8 25.7 15.1 9 9 12.5 6.6 34 2 5 12.3 6.5 33 2 5 12.2 6.4 3 2 2 5 12 3 6.4 33 2 6 49 3 25.9 13 3 10 2 8.6 8.5 4.7 9.1 8.6 4.7 3.9 .6 9.3 9.2 5.1 4.1 .1 9.9 9.6 5.3 4.3 .3 36.9 35.9 19.8 16.1 1.0 9 6 9.7 53 4.4 - .2 10 0 10.4 57 4.7 — 3 9 0 9.7 5.3 4.4 —.7 7 4 7.3 4 0 3.3 2 36 0 37.0 20 3 16.7 10 __ o o .0 - 1.8 1.8 1.9 1.9 7.4 2.0 2.1 2.2 2.3 8.7 7.6 7.7 7.6 8.0 31.0 8.0 8.0 7.6 8.1 31.7 1. Includes noncorporate inventory valuation adjustment. Table 43.—^National Income by Distributive Shares, Seasonally [Billions of dollars] 1952 1953 Line 1 National income 2 3 Compensation of employees _ Wages and salaries 4 Private -5 Military Government civilian. 6 7 Supplements to wages and salaries _ _ _ _ _ _ 1 8 9 10 11 Proprietors' and rental income Business and professional Farm Rental income of persons 12 13 14 15 18 Corporate profits and inventory valuation adjustment Corporate profits before t a x __. _ _ _ Corporate profits tax liability Corporate profits after tax— Inventory valuation adjustment 17 Net interest 18 Addendum : Compensation of general government emplovees . _. _ _ _ __ 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 J95.6 185 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 25.7 15.2 9 8 52.6 25. S 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 __ Year I 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 10 8 208.1 197 3 163. 5 10 3 23.5 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 25. 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 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! 1953 1952 Line I 1 Gross national product 2 Personal consumption expenditures 3 Durable goods 4 Nondurable goods 5 Services . 6 7 8 9 10 11 12 Gross private domestic investment New construction Residential nonfarm Other _ . Producers' durable equipment Change in business inventories— total Nonfarm only 13 Net foreign investment __ _ _ _ _ __ __ _ __ 14 Government purchases of goods and services 15 Federal _ 16 National security National defense ._ 17 Other national security 18 19 Other 20 Less Government sales 21 State and local _ _ _ _ _ __ _ _ . II III IV Year I II III IV Year 82.7 84.4 85.5 92.8 345.4 88.3 91.3 90.7 92.9 363.2 50.5 5.6 26.4 18.5 53.9 6.8 28.3 18.8 53.2 6.1 28.3 18.8 60.7 8.2 33.1 19.4 218.3 26.6 116. 1 75.6 54.3 6.7 27.6 20.0 57.5 7.7 29 4 20.4 56.9 7.4 29.0 20.5 61.8 7.9 33 2 20.7 230.5 29.8 119. 1 81.7 13.8 5.0 2.2 2.9 5.9 29 2.6 11.0 5.9 2.8 3.2 6.4 —1 3 -1.6 12.8 6.5 3.1 3.4 5.3 10 .8 12.1 6.2 3.0 3.2 5.6 .3 .2 49.8 23.7 11.1 12.6 23.1 30 2.1 14.1 5.4 2.4 3.0 5.9 28 2.9 12.9 6.6 3.1 3.5 6.4 1 .1 13.4 7.1 3.3 3.8 6.1 1 .3 3.9 6.6 3.1 3.6 5.8 —2 5 -2.5 50.3 25.8 11.9 13.8 24.3 3 .9 .6 .1 -.6 -.2 -.2 -.6 -.6 -.7 -.1 -2.0 17.7 12.4 11.3 10.7 .6 1.2 .1 5.3 19.4 13.6 12.3 11.7 .7 1.4 .1 5.9 20.1 14.2 12.5 11.8 .7 1.8 .1 5.9 20.2 14.1 12.7 12.2 .5 1.5 .1 6.1 77.5 54.3 48.8 46.4 2.4 5.8 .4 23.2 20.5 14.7 13.0 12.4 .6 1.9 .1 5.7 21.5 15.3 13.3 12.7 .6 2,1 .1 6.2 21.2 14.8 12.8 12.3 .5 2.1 .1 6.4 21.3 14.7 12.4 11.8 .5 2.4 .1 6.6 84.4 59.5 51.5 49.3 2.2 8.4 .4 24.9 SUKVEY OF CUEKENT BUSINESS July 1957 27 Distributive Shares, Quarterly, 1952-56 [Billions of dollars] II I II I Year IV III 1956 1955 1954 Year IV III I Line Year IV III II 73.1 74.5 74.9 76.6 299.0 76.7 80.8 82.2 84.4 324.1 82.8 85.4 86.6 88.9 343.6 1 50.5 47.6 39.0 2.5 6.1 3.0 51.2 48.3 39.7 2.5 6.1 2.9 51.9 49.1 40.9 2.5 5.8 2.8 53.2 50.5 41.6 2.5 6.5 2.6 206.8 195.5 161.2 10.0 24.4 11.3 52.6 49.4 40.5 2.4 6.4 3.2 55.1 51.9 42.8 2.5 6.6 3.3 56.9 53.7 45.1 2.4 6.1 3.2 58.5 55.5 46.1 2.4 6.9 3.0 223.1 210.3 174.4 9.8 26.1 12.7 57.6 54.0 44.7 2.4 6.9 3. 6 59.7 56.1 46.7 2.4 7.0 3.7 61.3 57.8 48.4 2.4 6.9 3.5 62.7 59.4 49.6 2.4 7.4 3.3 241.4 227.2 189.4 9.7 28.2 14.1 2 3 4 5 6 7 12.3 6.3 3.4 2.6 12.1 6.4 3.0 2.7 12.4 6.5 3.3 2.7 12.3 6.6 3.0 2.6 49.1 25.9 12.7 10.6 12.2 6.7 2.9 2.6 12.4 6.8 3.0 2.6 12.4 6.9 3.0 2.5 12.4 6.9 2.9 2.5 49.4 27.3 11.9 10.2 12.3 6.9 2.9 2.6 12.4 7.0 2.9 2.6 12.5 7.0 2.9 2.6 12.7 7.1 3.0 2.6 49.9 28.0 11.6 10.3 8 9 10 11 7.9 8.0 4.2 3.8 -.1 8.7 8.7 4.5 4.2 .0 8.0 8.2 4.3 3.9 -.2 8.5 8.6 4.5 4.1 .0 33.1 33.5 17.4 16.0 9.4 9.7 4.9 4.8 -.4 10.6 10.7 5.4 5.3 -.2 10.1 10.8 5.5 5.3 -.6 10.6 11.2 5.7 5.5 -.6 40.7 42.5 21.5 21.0 -1.7 10.0 10.7 5.5 5.3 -.8 10.3 11.0 5.6 5.4 -.7 9.8 10.1 5.2 5.0 -.4 10.4 11.1 5.7 5.4 -.7 40.4 43.0 22.0 21.0 -2.6 12 13 14 IS 16 2.4 2.4 2.5 2.6 9.8 2.6 2.7 2.8 2.8 10.9 2.9 2.9 3.0 3.1 11.9 17 8.0 8.1 8.1 8.8 33.9 8.8 8.9 9.4 36.1 18 8.4 7.7 0 32.2 8.6 8.4 8.9 Adjusted Quarterly Totals at Annual Rates, 1952-56 [Billions of dollars] 1954 1955 1956 Line I II III Year IV I II III Year IV II I III Year IV 296.5 297.0 298.2 304.0 299.0 311.4 321.5 328.3 334.9 324.1 335.8 340.6 344.5 353.3 343.6 1 205.7 194.6 160.7 10.1 23.8 11.2 205.7 194.5 160.3 10.0 24.2 11.2 206.0 194.7 160.2 9.9 24.6 11.3 209.7 198.1 163.3 9.8 24.9 11.6 206.8 195.5 161.2 10.0 24.4 11.3 214.0 201.8 166.9 9.7 25.3 12.2 221.3 208.8 172.8 10.0 26.1 12.5 226.1 213.0 176.9 9.8 26.4 13.0 230.8 217.5 181.1 9.7 26.8 13.2 223.1 210.3 174.4 9.8 26.1 12.7 234.5 220.9 183.9 9.7 27.3 13.7 240.0 226.1 188.4 9.7 27.9 13.9 242.7 228.3 190.1 9.7 28.5 14.4 247.9 233.3 194.7 9.7 28.9 14.6 241.4 227.2 189.4 9.7 28.2 14.1 2 3 4 5 6 7 49.3 25.3 13.5 10.5 48.4 25.8 12.0 10.6 49.8 26.0 13.1 10.6 49.1 26.4 12.2 10.6 49.1 25.9 12.7 10.6 48.7 26.7 11.7 10.4 49.6 27.3 12.1 10.2 49.6 27.6 11.9 10.1 49.6 27.8 11.7 10.1 49.4 27.3 11.9 10.2 49.3 27.7 11.4 10.2 49.7 28.0 11.5 10.3 50.0 28.2 11.5 10.4 50.7 28.3 12.0 10.4 49.9 28.0 11.6 10.3 8 9 10 11 32.0 32.2 16.8 15.4 -.2 33.2 33.4 17.4 16.0 -.2 32.4 32.7 17.0 15.7 -.3 35.0 35.5 18.5 17.0 -.5 33.1 33.5 17.4 16.0 -.3 38.2 39.4 20.0 19.5 -1.2 39.9 40.7 20.6 20.1 -.9 41.6 43.6 22.1 21.5 -2.0 43.2 46.1 23.4 22.7 -2.9 40.7 42.5 21.5 21.0 -1.7 40.5 43.3 22.1 21.2 -2.8 39.1 42.4 21.6 20.7 -3.2 39.8 40.8 20.8 19.9 -1.0 42.4 45.6 23.3 22.3 -3.2 40.4 43.0 22.0 21.0 -2.6 12 13 14 15 16 9.5 9.6 9.9 10.2 9.8 10.5 10.7 11.0 11.3 10.9 11.5 11.7 12.0 12.3 11.9 17 31.7 32.1 32.5 32.7 32.2 32.9 33.8 34.4 34.5 33.9 35.0 35.8 36.6 36.9 36.1 18 or Expenditure, Quarterly, 1952-56 [Billions of dollars] 1954 1955 1956 Line I III II Year IV I II III Year IV I II III Year IV 87.2 88.9 89.4 95.6 361.2 92.4 96.7 98.4 104.2 391.7 98.9 102.2 103.4 110.2 414.7 1 55.1 6.4 27.4 21.3 58.7 7.5 29.6 21.6 58.0 6.9 29.5 21.6 64.7 8.6 34.1 22.1 236.6 29.4 120.6 86.6 58.9 7.9 28.2 22.8 63.1 9.2 30.7 23.2 63.0 8.8 31.0 23.1 69.5 9.8 36.0 23.7 254. 4 35.6 126.0 92.8 62.8 7.8 30.4 24.6 65.9 8.5 32.4 25.0 65.6 7.9 32.8 24.9 72.9 9.8 37.8 25.4 267.2 33.9 133.3 99.9 2 3 4 5 12.7 5.6 2.4 3.2 5.6 1.5 1.4 11.2 6.8 3.3 3.5 6.1 -1.7 -1.9 12.8 7.8 3.9 3.9 5.5 -.6 -.7 11.8 7.6 3.9 3.7 5.3 -1.1 -1.3 48.4 27.8 13.5 14.3 22.5 -1.9 -2.4 15.0 6.8 3.4 3.4 5.2 3.0 2.9 14.5 8.2 4.3 3.9 6.1 .2 .1 16.3 9.2 4.7 4.4 6.1 1.0 1.0 14.8 8.5 4.2 4.3 6.3 .0 .0 60.6 32.7 16.6 16.1 23.7 4.2 4.0 17.3 7.1 3.2 3.9 6.4 3.8 3.8 16.1 8.4 4.0 4.5 7.3 .4 .5 17.1 9.2 4.3 4.9 7.1 .8 1.0 15.4 8.6 3.9 4.7 7.3 -.4 -.3 65.9 33.3 15.3 18.0 28.1 4.6 5.0 6 7 8 9 10 11 12 -.3 .0 -.5 .4 -.4 -.1 -.2 -.3 .2 -.4 -.1 .3 .1 1.0 1.4 13 19.7 13.5 11.7 11.2 .5 2.0 .1 6.2 19.0 12.1 10.8 10.4 .4 1.3 .1 7.0 19.1 11.9 10.5 10.1 .5 1.5 .1 7.2 18.7 11.4 10.0 9.5 .6 1.5 .1 7.3 76.6 48.9 43.1 41.2 1.9 6.2 .4 27.7 18.7 11.7 10.4 9.8 .7 1.4 .1 6.9 19.3 11.6 10.3 9.8 .6 1.4 .1 7.7 19.4 11.7 10.3 9.9 .5 1.5 .1 7.7 19.7 11.8 10.2 9.7 .5 1.7 .1 7.9 77.1 46.8 41.3 39.1 2.2 5.9 .4 30.3 18.9 11.6 10.3 9.8 .5 1.4 .1 7.4 19.9 11.6 10.4 9.9 .5 1.3 .1 8.3 20.6 11.8 10.7 10.2 .5 1.2 .1 8.8 20.8 12.2 11.0 10.5 .5 1.3 .1 8.5 80.2 47.2 42.4 40.4 2.0 5.2 .4 33.0 14 15 16 17 18 19 20 21 28 SURVEY OF CURRENT BUSINESS Juiy 1957 Table 45.—Gross National Product or Expenditure, Seasonally [Billions of dollars] 1952 1953 Line 1 Gross national product . 2 3 4 5 Personal consumption expenditures Durable goods. _ __ __ Nondurable goods Services __ _ __ __ 6 7 8 9 10 11 12 Gross private domestic investment New construction _ _ _ Residential nonfarm Other Producers' durable equipment _ 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 __ _ _ __ __ __ . _ - - _ . _ _ I II III IV 345.4 361.6 367.4 366.3 357.5 363.2 218.3 26.6 116 1 75 6 228.6 30.2 118 9 79 5 231.4 30.6 119 8 81 0 232.0 30.5 118 9 82 6 230.2 28.0 118 6 83 6 230 29 119 81 49.8 23.7 11.1 12.6 23.1 3.0 2.1 51.5 25.2 11.7 13.5 24.3 2.0 2.5 53.5 26.2 32.2 14.0 24.2 3.1 4.0 51.8 25.8 12.1 13 8 24.9 1. 1 1.8 44.5 25.9 11 7 14 1 23.8 —5 2 —4.9 50 25 11 13 24 -1.6 —.2 -2.1 -3.0 —1.4 —1.7 —2 0 80.5 56.5 50.8 48.9 1.9 6.0 .3 24.0 77.5 54.3 48.8 46.4 2.4 5.8 .4 23.2 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 8.3 .4 24.3 83.8 59 1 51.3 49.3 2.0 8.2 .4 24.7 84.5 58 6 49.4 47.3 2.2 9.5 .3 25.9 84 4 59 5 51 5 49 3 2 2 8 4 .4 24 9 I II III IV 338.4 340.1 345.2 358.1 213.4 25.6 114 2 73.5 216.5 26.8 115 0 74.7 218.3 25.2 116 9 76.2 225.1 29.0 118 3 77.9 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 54.1 24.2 11.6 12.6 22.6 7.4 6.8 2.9 .2 —2.1 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 Year Year 5 8 1 7 3 8 9 8 3 3 .9 Table 46.—Disposition of Personal [Billions of dollars] 1952 1953 Line I 1 Personal income 2 3 4 Less: Personal tax and nontax payments, Federal State and local ._ 5 Equals' Disposable personal income 6 Less* Personal consumption expenditures 7 Equals: Personal saving _ _ . _. ._ _ _ II III IV 71.6 Year I III II IV Year 64.9 66.7 68.5 69.5 71.4 71.8 73.4 286 0 12.2 11.2 .9 7.3 6.4 .8 8.0 7.3 .8 6.9 6.2 .7 34.4 31.2 3.2 12.6 11.7 .9 7.3 6.3 1.0 8.7 7.9 .8 7.2 6.5 .8 35 8 32 4 3 4 52.7 59.5 60.5 64.7 237.4 56.9 64.1 63.1 66 1 250 2 50.5 53.9 53.2 60.7 218.3 54.3 57.5 56.9 61.8 230 5 2.2 5.6 7.3 4.0 19.0 2.6 6.6 6.2 4.3 19 7 _ 271.8 Table 47.—Disposition of Personal Income, Seasonally [Billions of dollars] 1952 1953 Line 1 Personal income 2 3 4 Less* Personal tax and nontax payments Federal _ _ _ _ _ State and local -- -_ 5 "Equals' T>i«?pnsa,hlp, parson al innornfi 6 Less: Personal consumption expenditures 7 Equals' Personal saving _ _ _ 1 II III IV 264.5 268.2 274.8 279.3 34.0 30.8 3.2 34.1 30.8 3.2 34.5 31.3 3.3 35.0 31.7 3.3 I II III IV 271.8 283.4 286.9 287.7 286.8 286 0 34.4 31.2 3.2 35.5 32.1 3.4 35.9 32.5 3.4 36.0 32.5 3.4 35.8 32.3 3.5 35 8 32 4 3 4 Year Year 230.6 234.2 240.3 244.3 237.4 247.9 251.0 251.7 251.0 250 2 213.4 216.5 218.3 225.1 218.3 228.6 231.4 232.0 230.2 230 5 17.2 17.7 21.9 19.1 19.0 19.3 19.6 19.7 20 8 19 7 Table 48.—Relation of Gross National Product, National [Billions of dollars] 1952 1953 T,ine 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 __ __ II III IV Year I II III IV Year 82.7 84.4 85.5 92.8 345.4 88.3 91.3 90.7 92.9 363.2 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 7.2 .3 -.5 6.5 7.6 .3 .3 6.7 7.7 .3 -.1 6.9 7 8 .4 2.9 26 5 30 2 14 2.6 .0 .0 69.6 71.3 -.1 -.1 -.1 -.1 -.1 —.1 -.2 -.4 73.3 75.9 290.2 74.8 76.5 76.0 74.8 302.1 8 g 10 Less' Corporate profits and inventory valuation adjustment Contributions for social insurance E xcess of wage accruals over disbursements 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 11 12 13 14 Plus: Government transfer payments Net interest paid by government Dividends B usiness transfer payments 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 2.7 .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 13 2 7 .4 12 9 5 0 9 3 14 15 Equals* Personal income 68.5 71.6 271.8 69.5 71.8 73.4 286.0 -- 64.9 66.7 71.4 July 1957 29 SURVEY OF CURRENT BUSINESS Adjusted Quarterly Totals at Annual Rates, 1952-56 [Billions of dollars] 1954 1955 III I 1956 III I II Line I II 358.1 358.7 360.0 367.7 361.2 379.0 387.7 397.0 402.8 391.7 405.2 410.8 416.7 406.0 414.7 1 232.1 28.5 118.9 84.7 235.0 29.2 120.1 85.8 238.0 29.4 121.3 87.3 241.2 30.4 122.0 88.7 236.6 29.4 120.6 86.6 247.4 34.7 122.4 90.2 252.1 35.3 124.8 92.0 258.3 37.2 127.4 93.7 259.9 35.4 129.2 95.3 254.4 35.6 126.0 92.8 262.8 34.6 130.9 97.2 265.0 33.3 132.7 99.0 268.6 33.0 134.4 101.1 272.3 34.8 135.3 102.2 267.2 33.9 133.3 99.9 2 3 4 5 46.5 26.1 12.0 14.1 22.9 -2.5 -2.7 48.3 27.1 12.9 14.2 22.6 -1.5 -2.1 46.8 28.3 14.0 14.3 22.7 -4.1 -4.8 51.9 29.7 15.1 14.5 21.7 .5 -.1 48.4 27.8 13.5 14.3 22.5 -1.9 -2.4 55.6 31.6 16.3 15.3 21.3 2.7 2.2 59.7 32.7 16.8 15.9 22.4 4.6 4.2 61.4 32.9 16.7 16.2 25.2 3.3 3.1 65.4 33.2 16.4 16.8 25.9 6.3 6.3 60.6 32.7 16.6 16.1 23.7 4.2 4.0 64.4 32.9 15.7 17.3 26.3 5.2 5.4 65.3 33.6 15.5 18.1 27.2 4.6 5.0 65.5 33.2 15.1 18.1 29.0 3.3 3.9 68.5 33 4 15.1 18.4 29.9 5.1 5.7 65.9 33.3 15.3 18.0 28.1 4.6 5.0 6 7 8 9 10 11 12 -.4 -.7 .1 -.7 -.4 -.2 1.2 2.0 2,4 1.4 13 76.5 46.9 41.8 39.2 2.6 5.5 .4 29.5 76.6 46.5 41.3 39.0 2.3 5.6 .4 30.1 77.2 46.7 41.3 39.4 1.8 5.8 .4 30.5 78.2 47.1 40.7 38.7 2.0 6.8 .4 31.1 77.1 46.8 41.3 39 1 78.2 46.2 41.1 39.1 2.0 5.5 .4 32.0 82.8 49.0 44.2 42.0 2.2 5.1 .4 33.9 80.2 47.2 42.4 40.4 2.0 5.2 .4 33.0 14 15 16 17 18 19 20 21 Year IV -1.1 -.2 -.7 .3 -.4 80.6 54.0 46.6 44.8 1.9 7.8 .4 26.6 75.6 48.3 43.3 41.7 1.6 5.4 .4 27.3 75.9 47.7 42.1 40.2 1.9 6.0 .4 28.2 74.4 45.7 40.2 38.1 2.1 5.8 .3 28.7 76.6 48.9 43.1 41.2 1.9 6.2 .4 27.7 II Income, Quarterly, 1952—56 Year IV i. 2 5.9 .4 30.3 III 79.3 46.4 41.6 39.5 2.1 5.2 .4 32.9 Year IV 80.6 47.3 42.7 40.9 1.9 4.9 .4 33.3 [Billions of dollars] 1954 1955 1956 Line III II I IV Year I IV III II Year I II Year IV III 69.9 71.0 72.1 74.4 287.4 72.4 75.5 77.6 80.5 305.9 78.1 80.8 82.6 85.4 326.9 1 11.9 10.9 1.0 6.2 5.2 1.0 7.9 7.0 .9 6.9 6.1 .9 33.0 29.2 3.8 9.8 8.7 1.1 9.3 8.1 1.2 8.9 7.9 1.0 7.8 6.8 1.0 35.8 31.5 4.2 10.5 9.3 1.2 10.7 9.4 1.3 9.9 8.9 1.0 8.5 7.5 1.0 39.7 35.1 4.6 2 3 4 58.0 64.8 64.2 67.5 254.5 62.6 66.2 68.7 72.7 270.2 67.6 70.1 72.7 76.9 287.2 5 55.1 58.7 58.0 64.7 236.6 58.9 63.1 63.0 69.5 254.4 62.8 65.9 65.6 72.9 267.2 6 2.9 6.1 6.2 2.8 17.9 3.7 3.1 5.8 3.2 15.8 4.8 4.2 7.1 3.9 20.0 7 Adjusted Quarterly Totals at Annual Rates, 1952—56 [Billions of dollars] 1954 III II I 1956 1955 IV Year II I IV III I Year II Line III Year IV 285.0 285.1 287.5 291.7 287.4 294.8 303.3 309.4 315.2 305.9 318.5 325.3 328.7 334.5 326.9 1 32.7 29.1 3.7 32.8 29.0 3.8 32.9 29.1 3.8 33.3 29.4 3.9 33.0 29.2 3.8 34.7 30.6 4.1 35.5 31.3 4.2 36.2 31.9 4.3 36.6 32.3 4.3 35.8 31.5 4.2 38.9 34.4 4.5 39.5 35.0 4.5 39.8 35.2 4.6 40.5 35.8 4.7 39.7 35.1 4.6 2 3 4 252.3 252.3 254.6 258.4 254.5 260.1 267.8 273.2 278.6 270.2 279.6 . 285. 8 288.8 294.0 287.2 5 232.1 235.0 238.0 241.2 236.6 247.4 252.1 258.3 259.9 254.4 262.8 265.0 268.6 272.3 267.2 6 20.2 17.2 16.6 17.3 17.9 12.7 15.7 14.9 18.7 15.8 16.8 20.8 20.3 21.7 20.0 7 Income, and Personal Income, Quarterly, 1952-56 [Billions of dollars] 1954 I II 1955 III Year IV II I 1956 III IV Year I II Line III Year IV 87.2 88.9 89.4 95.6 361.2 92.4 96.7 98.4 104.2 391.7 98.9 102.2 103.4 110.2 414.7 1 7.0 7.3 .3 -.6 7.1 7.5 .3 -.5 7.3 7.5 .3 -.6 7.5 7.8 .3 3.4 28.9 30.1 1.3 1.7 7.6 7.6 .3 .2 7.8 8.2 .3 -.3 8.0 8.4 .3 -.5 8.2 8.7 .3 2.7 31.6 32.9 1.3 2.1 8.3 8.3 .3 -.6 8.5 8.7 .3 -.4 8.6 8.8 .3 -.7 8.9 9.2 .3 3.4 34.3 35.0 1.3 1.6 2 3 4 5 6 -.1 .0 .0 -.1 -.2 .0 .2 .0 .0 .2 .2 .2 .2 .4 1.1 73.1 74.5 74.9 76.6 299.0 76.7 80.8 82.2 84.4 324.1 82.8 85.4 86.6 88.9 343.6 7 7.9 2.8 .0 8.7 2.6 .0 8.0 2.3 .0 8.5 2.0 .0 33.1 9.7 .0 9.4 3.0 .0 10.6 3.0 .1 10.1 2.7 -.1 10.6 2.3 .0 40.7 11.0 .0 10.0 3.5 .0 10.3 3.4 .0 9.8 2.9 .0 10.4 2.5 .0 40.4 12.4 .0 8 9 10 3.6 1.1 2.4 .3 3.8 1.5 2.2 .3 3.7 1.3 2.3 .3 3.9 1.2 3.0 .3 15.0 5.2 9.9 1.3 4.1 1.1 2.5 .3 4.1 1.5 2.4 .3 3.9 1.3 2.6 .3 4.0 1.2 3.6 .3 16.1 5.2 11.0 1.3 4.3 1.2 2.9 .3 4.3 1.7 2.8 .3 4.2 1.4 2.8 .3 4.3 1.3 3.5 .3 17.2 5.7 11.9 1.3 11 12 13 14 69.9 71.0 72.1 74.4 287.4 72.4 75.5 77.6 80.5 305.9 78.1 80.8 82.6 85.4 326.9 15 SURVEY OF CUERENT BUSINESS 30 July 1957 Table 49.—Relation of Gross National Product, National Income, and Personal [Billions of dollars] 1952 Line 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 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 pnid by gnvf-rnrnfint 15 Equals: Personal income _ _ Dividends _ _ ___ Business transfer payments I II 338.4 340 1 345.2 358 1 23 1 27.0 23 7 28.0 24 1 28.2 24 7 29.2 12 .0 .2 -.3 284.6 285.6 37.8 35.6 1.1 2.7 8 9 10 .__ 8.6 .1 _ 11. fi . 1953 4.9 9.0 1.1 . 264.5 I II III IV 345 4 361 6 367 4 366 3 357 5 363 2 23 9 28.1 12 25 6 29.8 13 26 2 30.2 14 3.6 27 4 30.4 14 1.7 26 8 30.4 1 4 26 5 30 2 14 -.4 i -.2 q -.4 <j —.4 290.8 299.6 290.2 303 0 305 8 304 1 295. 7 302 1 35.1 39 1 36.9 39 1 38 7 36 6 29 8 o — .1 — 1 — l 8.5 36 0 8 7 — i 12.7 4 9 12.7 50 12.8 50 13.4 51 12 9 50 13 14 14 14 III 1.2 1.8 8.5 .0 11.7 4.9 9.0 1.2 268.2 IV 1.2 .6 8.6 -.3 12.3 4.9 9.0 1.2 274.8 Year 3.1 8.8 .0 12.5 4.9 9.0 1.2 279.3 2.0 8.6 .0 12.0 4 9 9.0 1.2 271.8 8.8 9.2 283. 4 8.9 9.5 286.9 3.2 8.7 9.5 287.7 Year 1.9 9.5 286.8 2.6 9.3 14 286.0 Table 50.—Personal Consumption Expenditures [Billions of dollars] 1952 Line I 1 2 3 4 5 Goods and services, total Durable goods total Automobiles a n d parts _ _ _ _ _ _ Furniture and household equipment Other durable goods _ _ - _ . _ - _ 6 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 18 19 Services, total Household operation Housing Transportation Personal services Recreation Other services _ - 53 9 53.2 60 7 218.3 68 6 1 82 26 6 10.4 12.5 26.4 28 3 28.3 33.1 16.3 17.3 18.0 4.7 4.4 18.5 7.8 4.0 1.3 _ _ _ _ _ _ _ _ _ _ _ _ _ - _ _ _ _ _ _ _ _ _ __ _ _ _ _ _ _ _ ._ _ _ -1 \ - - - 1 Year 56 2.3 2.7 .6 -- IV 50.5 __ __ _ _ ._ III II 1953 2.9 6.2 1.6 I II III IV Year 54 3 57.5 56 9 61.8 3.2 2.8 .7 3.7 3.1 .9 3.5 3.1 .8 2.7 3.8 1.4 27.6 29.4 29.0 33.2 18.5 116.1 20.1 70.1 17.0 17.9 18.3 18.7 119.1 19.9 71.9 4.4 6.4 19.9 5.0 4.8 4.6 6.4 20.7 18.8 18.8 19.4 75.6 11.1 25.6 20.0 20.4 20.5 20.7 6.8 3.2 6.7 1.7 81.7 12.0 27.6 8.1 8.0 8.2 32.1 8.4 8.8 8.8 8.8 34.8 3.0 3.0 .8 4.9 1.6 2.7 6.3 1.7 2.2 3.0 .8 4.4 1.6 2.6 6.4 1.8 2.9 3.8 1.5 6.8 1.5 2.8 6.6 1.7 3.7 6.0 4.3 1.4 5.0 1.7 3.0 6.8 1.9 4.2 1.8 2.8 7.0 1.9 6.4 1.7 3.0 7.1 1.8 230 5 29 8 13.2 12.8 3.9 6.6 7.3 Table 51.—Personal Consumption Expenditures by Major Type, [Billions of dollars] 1953 1952 Line 1 Goods and services, total 2 3 4 5 Durable goods, total Automobiles and parts _ . Furniture and household equipment Other durable goods 6 Nondurable goods total Clothing and shoes Food and alcoholic beverages Gasoline and oil Semidurable housefurnishings Tobacco Other nondurable goods 8 9 10 11 12 13 14 15 16 17 18 19 Services, total Household operation Housing Transportation Personal services Recreation _ _ __ _ _ _ _ - - _- -- III IV 218.3 228.6 231.4 232.0 230.2 230.5 26.6 10.4 12.5 30.2 13.5 12.8 30.6 13.8 12.9 30.5 13.7 12.9 28.0 11.6 12.6 29.8 13.2 12.8 118.3 20.6 71.2 116.1 20.1 70.1 118.9 20.4 71.6 119.8 20.3 72.0 118.9 19.5 71.9 118.6 19.3 72.0 119.1 19.9 71.9 20.0 20.4 19.9 20.7 21.6 20.8 20.5 20.7 76.2 11.2 25.8 32.3 77.9 11.4 26.4 33.2 75.6 11.1 25.6 32.1 79.5 11.7 26.8 33.8 81.0 12.0 27.2 34.5 82.6 12.3 27.8 35.2 83.6 12.2 28.5 35.6 81.7 12.0 27.6 34.8 III IV 213.4 216.5 218.3 225.1 25.6 25.2 12.4 26.8 11.0 12.2 12.6 29.0 12.2 12.8 114.2 20.0 68.8 115.0 19.6 69.8 116.9 20.3 70.5 19.5 19.6 73.5 10.8 24.8 31.2 74.7 10.9 25.3 31.7 3.6 . II II 9.6 _ _ I I 5.9 6.7 3.7 6.0 6.7 8.8 3.8 6.1 6.9 Year 3.9 6.1 7.0 3.7 6.0 6.8 3.9 6.2 7.2 3.9 6.4 7.3 3.9 6.7 7.3 3.7 6.9 7.3 Year 3.9 6.6 7.3 SURVEY OF CURRENT BUSINESS July 195T 31 Income, Seasonally Adjusted Quarterly Totals at Annual Rates, 1952-56 [Billions of dollars] 1954 I III II 1955 Year IV I II 1956 III Year IV 358.1 358.7 360.0 367.7 361.2 379.0 387.7 397.0 402.8 28.0 30.0 1.3 1.7 28.6 30.1 1.3 2.0 29.2 29.8 1.2 1.4 29.8 30.5 1.2 1.7 28.9 30.1 1.3 1.7 30.6 31.5 1.3 4.4 31.4 32.8 1.3 1.4 32.0 33.2 1.3 2.3 32.6 34.0 1.3 .1 -.5 .2 -.2 -.4 -.2 296.5 297.0 298.2 304.0 299.0 32.0 9.6 .0 33.2 9.6 .0 32.4 9.7 .0 35.0 9.9 .0 33.1 9.7 .0 14.1 5.2 9.6 1.3 14.9 5.2 9.7 1.3 15.2 5.2 9.8 1.2 15.9 5.2 10.1 1.2 285.0 285.1 287.5 291.7 .1 I 391.7 II Line Year IV III 405.2 410.8 416.7 426.0 414.7 1 33.3 34.1 1.3 1.5 33.9 34.7 1.3 1.3 34.6 35.1 1.3 2,3 35.3 36.1 1.3 1.6 34.3 35.0 1.3 1.6 2 3 6 31.6 32.9 1.3 2.1 4 5 .7 .0 .1 .2 .8 1.0 1.1 1.6 1.1 321.5 328.3 334.9 324.1 335.8 340.6 344.5 353.3 343.6 7 38.2 10.6 .1 39.9 10.8 .5 41.6 11.3 -.6 43.2 11.4 .0 40.7 11.0 .0 40.5 12.0 .0 39.1 12.2 .0 39.8 12.5 .0 42.4 12.8 .0 40.4 12.4 .0 8 9 10 15.0 5.2 9.9 1.3 15.7 5.2 10.2 1.3 16.1 5.1 10.4 1.3 16.1 5.2 10.8 1.3 16.2 5.3 12.0 1.3 16.1 5.2 11.0 1.3 16.6 5.5 11.7 1.3 17.1 5.7 12.0 1.3 17.4 5.8 12.1 1.3 17.7 5.9 11.5 1.3 17.2 5.7 11.9 1.3 11 12 13 14 287.4 294.8 303.3 309.4 315.2 305.9 325.3 328.7 334.5 326.9 15 311.4 318.5 by Major Type, Quarterly, 1952-56 [Billions of dollars] 1954 I III II 1956 1955 IV Year I II III Year IV I I I Year IV Line 55.1 58.7 58.0 64.7 236.6 58.9 63.1 63.0 69.5 254.4 62.8 65.9 65.6 72.9 267.2 1 6.4 2.9 2.8 .7 7.5 3.6 3.1 .9 6.9 2.9 3.1 .8 8.6 3.2 3.9 1.6 29.4 12.6 12.9 39 7.9 4.1 3.1 .7 9.2 4.8 3.4 1.0 8.8 4.4 3.5 .9 9.8 3.8 4.3 1.7 35.6 17.2 14.2 4.2 7.8 3.7 3.2 .8 8.5 3.9 3. 6 1.0 7.9 3.4 3.6 .9 9.8 3.6 4.4 1.8 33.9 14.6 14.8 4.5 2 3 4 5 27.4 3.9 17.1 1.5 29.6 5.0 18.0 1.8 29.5 4.2 18.7 1.9 34.1 6.6 19.3 1.7 120.6 19.7 73.1 6.9 28.2 4.0 17.4 1.6 30.7 5.1 18.7 2.0 31.0 4.5 19.7 2.0 36.0 7.0 20.1 1.9 126.0 20.6 76.0 7.5 30.4 4.5 18.7 1.8 32.4 5.2 19.9 2.1 32.8 4.8 20.8 2.1 37.8 7.4 21.3 2.0 4.9 4.7 4.7 6.5 20.8 5.1 4.9 4.9 7.0 21.8 5.4 5.2 5.1 7.1 21.3 3.4 7.2 1.7 21.6 3.1 7.3 1.9 21.6 2.9 7.4 1.9 22.1 3.3 7.5 1.8 86.6 12.6 29.5 7.3 22.8 3.7 7.6 1.7 23,2 3.4 7.7 1.9 23.1 3.3 7.8 1.9 23.7 3.7 7.9 1.9 92.8 14.1 31.1 7.5 24.6 4.2 8.0 1.8 25.0 3.8 8.1 2.0 24.9 3.6 8.3 2.0 25.4 3.9 8.4 1.9 9.0 9.4 9.4 9.4 37.2 9.7 10.1 10.1 10.2 40.1 10.6 11.0 11.1 11.1 133.3 21.8 80.7 8.0 f 1 22.8 I 6 7 8 9 10 11 12 99.9 15.5 32.8 7.7 f 1 43.8 i 13 14 16 16 17 18 19 Seasonally Adjusted Quarterly Totals at Annual Rates, 1952-56 [Billions of dollars] 1954 1955 1956 I II 232.1 235.0 238.0 241.2 236.6 247.4 252.1 258.3 259.9 254.4 262.8 265.0 268.6 272.3 267.2 1 28.5 11.9 12.8 3.7 29.2 12.4 12.8 4.0 29.4 12.5 12.9 4.0 30.4 13.4 12.9 4,1 29.4 12.6 12.9 3.9 34.7 16.8 13.9 4.1 35.3 16.9 14.1 4.2 37.2 18.5 14.5 4.2 35.4 16.5 14.4 4.4 35.6 17.2 14.2 4.2 34.6 15.4 14.7 4.5 33.3 13.8 15.0 4.5 33.0 13.7 14.7 4.6 34.8 15.3 14.9 4.6 33.9 14.6 14.8 4.5 2 3 4 5 118.9 19.5 72.1 6.9 120.1 19.7 72.5 6.9 121.3 19.5 73.7 6.9 122.0 19.9 74.1 7.1 120.6 19.7 73.1 6.9 122.4 19.9 73.7 7.3 124.8 20.6 75.3 7.5 127.4 20.8 77.1 7.6 129.2 21.3 77.8 7.7 126.0 20.6 76.0 7.5 130.9 21.0 79.2 7.9 132.7 21.7 80.1 8.0 134.4 22.3 81.3 ao 135.3 22.2 82.1 8.3 133.3 21.8 80.7 8.0 20.4 21.0 21.1 20.9 20.8 21.5 21.5 21.9 22.4 21.8 22.8 22.9 22.9 22.7 22.8 6 7 8 9 10 11 12 84.7 12,4 28.9 36.1 7.3 85.8 12.4 29.3 36.8 7.3 87.3 12.7 29.7 37.6 7.3 88.7 13.0 30.2 38.1 7.4 86.6 12.6 29.5 37.2 7.3 90.2 13.5 30.5 38.7 7.4 92.0 13.8 30.9 39.8 7.4 93.7 14.3 31.3 40.6 7.5 95.3 14.8 31.7 41.2 7.6 92.8 14.1 31.1 40.1 7.5 97.2 15.2 32.1 42.2 7.7 99.0 15.5 32.6 43.2 7.7 101.1 15.7 33.2 44.6 7.7 102.2 15.8 33.5 45.1 7.8 99.9 15.5 32.8 43.8 7.7 III IV Year I II III IV Year I II III IV Year 13 14 15 16 17 18 19 BUSINESS STATISTICS J_ 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 1956 May 1957 DecemJuly | August j g£ - October November ber 8e June m January February April May ' 339. 5 ' 340. 6 ' 342. 9 343.8 ' 237. 2 ' 102. 3 '63.0 '32 6 '39.3 ' 237. 1 ' 238. 3 ' 102. 4 ' 102. 4 '63.4 '62.7 ' 32 9 '33.0 '39.5 ' 39. 1 239.2 102.8 63.6 33. 1 39.7 March June GENERAL BUSINESS INDICATORS NATIONAL INCOME AND PRODUCT Seasonally adjusted quarterly totals at annual rates :f National income total bil of dol Compensation of employees total Wa^es 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 355.1 '340 6 '344 5 '353 3 '240 0 ' 226. 1 ' 188 4 '9.7 ' 27 9 ' 13.9 '242 7 ' 228. 3 ' 190 1 '9.7 28 5 ' 14.4 ' 247. 9 '233.3 ' 194. 7 '9.7 ' 28.9 '14.6 ' 251. 1 ' 235. 9 ' 196. 8 '9.6 29.4 '15.3 '49.7 ' 28 0 '11.5 ' 10 3 '50.0 ' 28.2 '11.5 r 10.4 '50.7 ' 28.3 '12.0 ' 10.4 '50.3 '28.4 '11.5 ' 10.4 '39.8 '40 8 20.8 '19. 9 ' —1.0 12 0 ' 42.4 '45 6 ' 23.3 '22.3 ' -3.2 '12.3 41.2 43.9 22.4 21.5 ' -2.7 '12.5 '39.1 r 42 4 '21.6 '20.7 ' —3.2 11 7 do r 410 8 ' 416. 7 ' 426. 0 ' 429. 1 Personal consumption expenditures total Durable goods Nondurable goods Services do do do do ' 265. 0 '33 3 ' r132 7 99 0 ' 268.6 33 0 ' 134. 4 ' 101 1 ' 272. 3 34 8 ' 135. 3 ' 102 2 ' 276. 7 35 9 ' 137. 3 ' 103 4 Gross private domestic investment total New construction Producers' durable equipment Change in business inventories do do do do ' 65 3 33.6 ' 27 2 '4.6 '65 5 33. 2 '29 0 '3.3 68 5 '33.4 '29 9 '5.1 '62 7 '32.8 '30 7 ' -.8 Gross national product total 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 income, total Less: Personal tax and nontax payments Equals: Disposable personal income do do do Personal saving§- _ T '2 0 2 4 '80 6 '47.3 '42 7 '33 3 '82 8 '49.0 T 44 2 '33 9 ' 85 6 '50.3 '45 5 '35 3 ' 328. 7 '39.8 '288.8 ' 334. 5 '40.5 ' 294. 0 ' 337. 7 ' 42.2 ' 295. 5 '20.3 '21.7 '18.9 ' 325. 3 ' 39.5 ' 285. 8 -'20.8 do '4 1 12 ' 79 3 '46.4 r 41 6 '32 9 " 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 industries _ 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- ' 325. 2 ' 326. 8 ' 325. 6 ' 329. 3 ' 331. 1 ' 225. 6 ' 227. 3 ' 225. 7 '98.1 '97.7 '96.3 ' 59. 6 '60.3 ' 60.2 r r 30. 7 31 0 '31 2 '37.6 ' 37 9 '38 0 r r 15 50 0 '29.4 ' 18 4 '5.7 ' 228. 8 '98.6 ' 60.5 '31 5 '38 2 ' 230. 4 '99.6 '60.9 r 31 5 '38 4 ' 334. 1 ' 334. 9 ' 334. 8 ' 231. 8 ' 233 1 ' 235. 3 ' 102. 7 ' 100. 8 '101.2 '61.6 ' 60.8 ' 61.4 ' 31 8 ' 31 9 '32 2 ' 38.8 ' 38 4 '38 6 ' 335. 9 r 7 7 '75 '75 '77 '77 '49 9 '30.1 r Ig g ' 51 3 '30.2 ' 18 9 ' 50 7 '30.4 ' 7 7 '50 2 '28.5 r 18 5 '49 9 '29.7 ' 18 5 r 50 1 '29.9 ' 18 7 '76 ' 49 7 '29.5 r 18 9 r 19 0 ' 50 2 '30.7 ' 19 5 '5.7 '5.7 '5.8 '5.7 '5.8 '5.9 '5.9 '6.7 '76 ' 337. 9 '234.5 ' 235. 9 '101.4 ' 102. 0 62.4 '62.0 ' 32 2 32 4 '38.9 39.1 ' 7 8 50 4 30.8 19 7 '6.7 '7 8 ' 50 4 '30.9 ' 20 0 '7 8 ' 50 6 '31.0 '20 8 ' 7 8 ' 50 8 '31.2 ' 21 6 7 9 50 8 31.2 21 5 '6.8 '6.7 '6.8 6.8 Total nonagricultural income— ...do 328.3 ' 309. 8 ' 312. 0 ' 310. 7 ' 314. 1 ' 316. 1 ' 317. 7 ' 319. 3 ' 319. 6 ' 320. 7 ' 322. 7 ' 324. 5 ' 325. 3 ' 327. 5 'Revised. tRevised series. Estimates of national income and product and personal income have been further revised back to 1954 (all revisions—beginning with 1952—appear on pp. 5 ff. of this issue of the 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. 430397°—57- S-l