Full text of The National Income and Product Account : Second Quarter 1958

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Won^4 BUSINESS STATISTICS
JL HE STATISTICS here are a continuation of the data published in the 1957 edition of BUSINESS STATISTICS, biennial Statistical Supplement
to the SURVEY OF CURRENT BUSINESS. That volume (price $2) contains monthly (or quarterly) data for the years 1953 through 1956 and
monthly averages for all years back to 1929 insofar as available; it also provides a description of each series and references to sources of monthly
figures prior to 1953. Series added or significantly revised since publication of the 1957 BUSINESS STATISTICS are indicated by an asterisk (*) and a
dagger (f), respectively; certain revisions for 1956 issued too late for inclusion in the aforementioned volume appear in the monthly SURVEY
beginning with the July 1957 issue. 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 1957 are provided in the May 1958 issue of the SURVEY)
Unless otherwise stated, statistics through 1956 and
descriptive notes are shown in the 1957 edition of
BUSINESS STATISTICS

1958

1957

DecemAugust SeptemOctober November
ber
ber

July

January

February

March

April

May

June

July

August

GENERAL BUSINESS INDICATORS
NATIONAL INCOME AND PRODUCT
Seasonally adjusted quarterly totals at annual rates:f
National income, total
bil of dol

368 7

361 5

3.50 6

do
_ do
do ___
do
do
do

257 3
240 5
199.9
98
30 8
16 8

254 8
238 0
197.4
9 5
31 1
16 8

250
234
192
9
32
16

Proprietors' and rental income,
total cT
do
Business and professional^1_ 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

55 5
31.7
11 8
12.0

55 0
31 3
11 5
12. 2

55 3
30 6
12 6
12. 1

43.1
44 2
22.0
22 1
— 1.1

38.8
39 9
19 9
20 0
— 1. 1

31.3
31 7
16. 1
15 5
—.3

.5

do

12.8

12 9

13 0

13 1

do

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

Net interest.

9
4
7
4
3
5

250 7
234 2
191.8
96
32 8
16 4
56
30
13
12

2
7
4
1

445. 6

438.9

425.8

429 0

Personal consumption expenditures, total _do. _
Durable goods
do
Nondurable goods _
_
do
Services
do

288.3
40 4
140.5
107 4

287.
39
138.
108

2
6
8
7

286. 2
36 3
139.8
110 1

288.3
35 6
141.4
111 3

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

66.7
36.6
28.0
2 2

61 n
37.1
26 7
—2 3

49 6
36.3
22 9
—9 5

49 2
34.9
22 3
—8 0

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

87 0
50 9
46 9
36.1

88
50
46
37

89
50
45
38

90
51
46
39

do
do
do

351.8
43 1
308. 7

349 7
43 0
306. 8

347 3
42 3
305 0

349 8
42 3
307. 5

do

20 4

19 6

18 8

19 2

Gross national product, total

_

Personal income, total . .
Less: Personal tax and nontax payments
Equals: Disposable personal income
Personal saving^

36

5

1 9
3
5
0
8

5
9
6
6

9
9
0
1

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
do
Proprietors' and rental income _
__do
Personal interest income and dividends
do
Transfer payments
.
do
Less personal contributions for social insurance
bil. of dol. .

351. 8

352. 1

351. 4

3.50. 6

350. 2

348 4

348.2

346. 4

347 1

348. 1

349.9

352.0

240.5
103.3
64.0
32.8
40.4

240.8
103. 1
64.2
32.9
40.6

240. 2
102.4
64 2
32.9
40 7

238.6
101. 5
63.5
32.9
40. 7

238.0
101.0
63.6
32.9
40.5

237. 3
99 8
63 7
33.2
40 6

235. 1
97.9
63. 5
33.1
40 7

233.2
95 6
63 4
33.2
41 0

232.
95
62
33
41

6
3
9
3
1

232. 0
95.0
62 4
33.4
41 2

233. 1
95.6
62 6
33.4
41 5

235.8
96.6
63 3
33.6
42 4

9.1
55.6
31.7
21.7

9.1
55. 6
31.8
21.6

9 1
55.4
31.8
21.5

9.2
55. 1
31.8
22.6

9.2
54.8
31.8
23. 0

9 2
55.2
30.0
23, 3

91
55. 1
31.8
23 9

90
55.3
31.8
23 8

89
55 7
31.7
24 8

89
56.1
31.7
26. 1

89
56.5
31.7
26 4

89
56.2
31.8
26 0

6.7

6.7

6.6

6.6

6.6

6. 6

6.7

6.7

6.6

6.6

6,7

6.7

^354.®
r
T

i 358. 8

355 ti

i 242. 2
97 1
63 5
'33.
7
1
48 0

238.4

9 0
56 3
31.8
26 5

9 1
56 4
31. 9
26 7

7.0

6.8

r
r

97 4
63 fi
33.8
43 <!

Total nonagricultural
do
335. 7
332. 5
330. 1
330. 5 l 331. (0
onagricultural income
do
• 336.2
336.6
336.1
335.7
335.2
333.0
332.5
330.1!
330.5
335. 1 f 1342.0
332. 4
33S. ft
r
Revised.
* Italicized total excludes and other footnoted figures include lump-sum retroactive salary payments to Federal employees; disbursements
ofK$^»u
$380
millionmultiplied
multiplied oy
by 12
12
sDursemems 01
mimon
1
(to put 011 annual rate basis) amounted to $4.6 billion.
tRevised series. Estimates of national income and product and personal income havebeen
beer revised
•"»*»'<""» back
™ " to*•« 1946;
""**"• revisions
—-<—« beginv-,,,-^
ning 1946 appear on pp. 12 ff. of the July 1958 SURVEY.
cf Includes inventory valuation adjustment.
9 Government sales are not deducted.
§Personal saving is excess of disposable income over personal consumption expenditure? shown as a component of gross national product above.
477726°—58

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