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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 4