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BUSINESS STATISTICS WlontLL _L 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, through the courtesy of the compilers, and are subject to their copyrights. Data from private sources are provided [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 1957 1958 DecemOctober NovemAugust September ber ber January February March April May June July August September GENERAL BUSINESS INDICATORS NATIONAL INCOME AND PRODUCT Seasonally adjusted quarterly totals at annual rates: f National income, total bil. of dol_- 368.7 361.5 350.6 352.4 257 3 240 5 199.9 98 30 8 16 8 254 8 238.0 197.4 95 31 1 16 8 250 9 234.4 192.7 250 7 234.2 191.8 32 3 16.5 32 8 16.4 55 5 31 7 11 8 12 o 55.0 31 3 11.5 12 2 55.3 30 6 12.6 12 1 56.2 30 7 13.4 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 32.5 32.0 16 3 15.7 -.3 .5 do 12 8 12.9 13.0 13.1 do 445 6 438.9 425.8 429.0 Personal consumption expenditures total Durable goods Nondurable goods Services do do do do 288 3 40 4 140 5 107.4 287.2 39 6 138 8 108.7 286.2 36 3 139.8 110.1 288.3 35 6 141.4 111.3 Gross private domestic investment total New construction Producers' durable equipment Change in business inventories do do do do 66 36 28 2 61 5 37. 1 26 7 —2 3 49 6 36.3 22 9 -9.5 49 2 34.9 22 3 -8.0 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 professionalo71 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 Gross national product total Net foreign investment do Government purchases of goods and services, total bil ofdol Federal (less Government sales) do National security 9 do State and local do 7 6 0 2 9.6 1.9 .5 .5 0 9 9 1 88.3 50 5 46 0 37.8 89.5 50.9 45.6 38.6 90.9 51 9 46.0 39. 1 36 87 50 46 36 9.4 Personal income total Less* Personal tax and nontax payments Equals ' Disposable personal income 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 Personal saving § do 20.4 19.6 18.8 19.2 PERSONAL INCOME, BY SOURCE Seasonally adjusted, at annual rates :f Total personal income 352.1 351.4 350.6 350.2 348.4 348.2 346.4 347.1 348.1 349.9 352.0 do do_ do do _do_ _ _ 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 41.0 232.6 95.3 62.9 33.3 41.1 232.0 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 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. ofdol-. 9.1 9.1 9.2 9.2 9.2 9.1 9.0 8.9 8.9 8.9 8.9 bil. of dol Wage and salary disbursements, total Commodity-producing industries Distributive industries Service industries _ Government _ _ _ _ _ _ _ * S54. 2 i 358. 8 ' 356. 1 357.5 1 r 238. 5 -97.7 63.6 33.8 r 43.4 239.1 98.2 63. 5 33.9 43.5 9.1 '56.6 31.9 '26.8 9.2 56.9 31.9 27.2 6.8 6.8 242. 2 97.1 63.5 33.7 148.0 55.6 31.8 21 5 55.4 31.8 21.5 55.1 31.8 22.6 54.8 31.8 23.0 55.2 30.0 23.3 55.1 31.8 23.9 55.3 31.8 23.8 55.7 31.7 24.8 56.1 31.7 26.1 56.5 31.7 26.4 56.2 31.8 26.0 9.0 56.3 31.8 26.5 6.7 6.6 6.6 6.6 6.6 6.7 6.7 6.6 6.6 6.7 6.7 7.0 332.4 340. 6 335.1 i 342. 0 ' 339. 2 335.2 330.5 331.0 333.0 332.5 336.1 335.7 330.1 336.6 Total nonasricultural income.. ... -do _. r J Revised. Italicized total excludes and other footnoted figures include lump-sum retroactive salary payments to Federal employees; disbursements of $380 million multiplied by 12 (to put on annual rate basis) amounted to $4.6 billion. fRevised series. Estimates of national income and product and personal income have been revised back to 1946; revisions beginning 1946 appear on pp. 12 ff. of the July 1958 SURVEY. ^Includes inventory valuation adjustment. $ 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. S-l