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SUEVEY OF CURRENT BUSINESS December 1958 13 Table 2.—Gross National Product or Expenditure, Seasonally Adjusted Quarterly Totals at Annual Rates, 1950-57, and First Three Quarters, 1958 [Billions of dollars] 1 9 3 4 5 Gross national product Personal consumption expenditures Durable goods _ Nondurable goods Services.. _. ._ _ __ I II 265.8 274 4 185.7 26.8 96 2 62.6 189 9 27.9 97 7 64.3 1952 1951 1950 Line II Year IV III II III IV Year I 317 8 326 4 333 8 338 1 329 0 341 0 341 3 347.0 358.6 347.0 211 5 33.0 110 2 68.3 205.5 28.0 108 1 69.4 208 8 28.5 109 5 70.8 213. 4 28.4 112 7 72.3 209 8 29.5 110 1 70.2 214 6 27.7 113 3 73.6 217.7 29.1 113 9 74.7 219.6 27.5 115.9 76. 2 227.2 32. 1 117.2 77.9 219.8 29. 1 115. 1 75.6 49.9 25.5 12.8 12.7 21.3 3. 1 2.1 IV Year I 293 2 304 3 284 6 204 4 35.5 103 3 65.7 200 1 31.2 102 0 66.9 195 0 30.4 99 8 64.9 III 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 39.8 21.6 12.2 9 4 15.7 2 5 2.2 46.9 23 6 13.8 9 8 18.4 4 9 4.2 51.1 25 6 15.4 10 3 20.6 4 9 3.8 61.4 25 3 14.4 10 9 21. 1 15 0 13 8 50.0 24 2 14. 1 10 1 18.9 6 8 6.0 56.9 25 7 14. 1 11 6 20 7 10 5 9 3 61.6 25 0 12.5 12 5 21.3 15 2 14.0 56.3 24 5 11.8 12 7 21.6 10 2 9. 1 51.0 24 5 12. 1 12 4 21.5 4 9 3.8 56.3 24 8 12.5 12 3 21.3 10 2 9. 1 52.2 25 2 12.4 12 8 21.9 5 1 4.0 45.6 25 4 12.7 12 7 22.4 —2 2 -3.3 49.1 25.4 12.8 12.6 19.4 4.3 3.4 52.6 26. 1 13.4 12.7 21.2 5.3 4.7 13 14 15 Net exports of goods and services Exports Imports 2.0 12 5 10.5 1.1 12 4 11 3 —.6 13 4 14 0 —.2 14 2 14 4 .6 13 1 12 5 -.2 15 9 16 1 1.7 17 7 16 0 3.9 18 9 15.0 4.2 18 9 14.8 2.4 17 9 15.5 3.1 19 0 15.9 2.8 18 3 15.5 .1 16.0 16.0 16.4 17.1 1.3 17.4 16.1 16 17 18 19 20 21 Government purchases of goods and services Federal - __ National defense Other _ Less* Government sales State and local _.. _. 38.4 19.1 12 6 6.6 .l 19.3 36 5 17.2 12 0 5.2 1 19 3 38 2 18.4 14 1 4.4 1 19.8 43 0 22.7 18 3 4.5 2 20.3 39.0 19.3 14 3 5.2 1 19.7 49 5 28.7 24 3 4.5 2 20.9 57.7 36.1 31 2 5. 1 .2 21.6 64.9 42.9 38 1 5.2 .4 21.9 69.5 47.4 41.8 6.0 .4 22.1 60.5 38.8 33.9 5.2 .3 21.7 71.1 48.5 43.0 5.8 .3 22.5 75.2 52.1 46.2 6.2 .3 23.1 78.2 55.0 47.0 8.1 .2 23.2 79.5 55.8 49.3 6.7 .2 23.7 76.0 52.9 46.4 6.7 .3 23.2 I II III 1955 1954 1953 Line IV Year I II III H IV Year I II III IV Year 1 Gross national product 364 5 368 8 367 1 361 0 365 4 360 0 358 9 362 0 370.8 363.1 384 3 393 0 403.4 408.9 397.5 2 3 4 5 Personal consumption expenditures Durable goods.. .__ Nondurable goods Services 230 9 33. 2 118 1 79 6 233 33 118 81 234 33 117 82 232 31 117 83 232 32 118 81 233 31 117 84 7 2 9 6 236 5 32.2 118 8 85 5 238 32 119 86 7 3 6 9 243.2 33.9 121 0 88 3 238.0 32.4 119 3 86 3 249.4 38.2 121 2 90 0 254.3 39. 1 123 7 91 6 260.9 41.4 126. 1 93 4 263.3 39.8 128. 1 95 3 256.9 39.6 124.8 92 5 6 8 9 10 11 12 Gross private domestic investment., _ N e w construction _ _ . Residential nonfarm Other __. . Producers' durable equipment Change in business inventories— total Nonfarm only 52.0 26.9 13 7 13.2 22 5 2.5 3 0 52.9 27 8 14 0 13 8 22 0 3. 1 4 0 51.1 27 7 13 8 14 0 22 6 7 15 45.2 27 9 13 7 14 2 21 9 —4 6 —4 3 50.3 27 6 13 8 13 8 22 3 .4 11 46.6 27 8 13 7 14 1 21 4 —2 6 —2 8 47.2 28 9 14 7 14 2 20 9 —2.7 —3 2 48.8 30 2 15 8 14 4 20 7 —2 1 —2 8 52.3 31.6 17 0 14 6 19 9 .8 2 48.9 29.7 15 4 14.3 20 8 -1.6 —2 1 58.8 33 9 18 5 15 4 20 5 4.4 38 63.1 34 9 18 9 16 0 22 1 6.1 5 7 65.4 35.4 18 9 16.5 24 4 5.7 5 5 67.6 35.4 18 4 17.0 25 4 6.7 6 7 63.8 34.9 18 7 16.2 23 1 5.8 5 5 13 14 15 Net exports of goods and services Exports Imports —.3 16.5 16 7 —. 7 16.5 17 2 — 8 16.7 17 5 .0 16.7 16 7 —.4 16.6 17 0 .3 16.0 15 7 .8 17.9 17. 1 .4 17.3 16 8 2.3 18.7 16.5 1.0 17.5 16 5 1.5 18.7 17 2 .7 18.6 17 9 1.3 20.0 18.7 .9 20.3 19.4 1.1 19.4 18.3 16 17 18 19 20 21 Government purchases of goods and services. . Federal National defense Other "Less* Government sales State and local 81.8 57 4 49.8 8 0 4 24 4 83.3 58 9 50.5 8 7 3 24 3 82.7 57 7 49 3 8 7 3 24 9 83.5 57 8 47 6 10 5 3 25 7 82.8 58 0 49.3 9 0 3 24 9 79.4 52 9 44.8 8 4 3 26 5 74.4 47 1 41.5 5 9 3 27 3 74.1 45 9 40.0 6 2 3 28 2 73.0 44 4 38.4 6 2 3 28 7 75.3 47 5 41 2 6 7 74.6 45 1 39 2 6 2 3 29 5 74.9 44 7 38 8 6 2 4 30 2 75.8 45 3 39.2 6 5 4 30 5 77.1 46 1 39. 1 7 4 4 31 0 75.6 45 3 39. 1 6 6 4 30 3 . . __ 3 4 6 2 1 6 8 8 3 2 4 7 6 9 0 8 1956 Line 27 7 1958 1957 I II III IV Year I II III IV Year i II III IV 1 Gross national product 410 8 414 9 420 5 430 5 419 2 436 3 441 2 445 6 438 9 440 3 425 8 429 0 439 0 2 3 4 5 Personal consumption expenditures Durable goods Nondurable goods .. ___ Services 265.2 38.7 129 6 96 9 267 2 37.8 130 9 98 6 269 7 37.5 131 6 100 6 275 4 39.5 133 4 102 5 269 38 131 99 279 40 135 104 282 39 137 105 288 40 140 107 3 4 5 4 287 2 39 6 138 8 108 7 284 39 138 106 4 9 0 5 286 36 139 110 2 3 8 1 288 3 35 6 141 4 111 3 291 36 142 112 68.0 35 2 17 8 17.4 25.9 6 9 7.4 67.7 35 8 17 7 18.1 26 6 5 4 6.2 68.1 35 8 17 6 18.3 27 3 4 9 5.3 68.8 36 2 17 7 18 4 28 2 4 4 4.6 68.2 35 7 17 7 18. 1 27 0 5 4 5.9 65.9 36 1 17 2 18 9 28 7 1i .6 67.0 36 1 16 5 19 6 28 1 29 2 0 66.7 36 6 16 9 19 7 28 0 2 2 13 61.5 37 1 17 6 19 6 26 7 —2 3 —3 1 65.3 36 5 17 0 19 5 27 9 10 2 49 36 17 19 22 —9 —9 6 3 1 2 9 5 3 49.2 34 9 16 2 18 7 22 3 —8 0 —7 8 53.7 36 3 17 9 18 4 22 3 —5 0 —5 4 .8 20 9 20. 1 2.8 22 5 19.8 3 2 23 6 20 4 4 4 24 8 20 4 2 8 23 0 20 2 5 6 26 4 20 8 6 0 26 6 20 6 4 8 26 0 21 2 33 24 9 21 6 4 9 26 0 21 0 17 21 9 20 2 17 22 4 20 8 17 22 8 21 2 76.8 44.8 39.1 6. 1 .3 32 0 77.2 44.5 39.1 5.7 .4 32 7 79.5 46 1 41.0 5 4 .3 33 4 81.8 47 5 42. 1 5 7 .3 34 4 78.8 45 7 40.3 5 7 .3 33 1 85.0 49 1 43.7 5 8 .4 35 9 85.7 49 7 44.9 51 .3 36 0 85.8 49 7 44.9 5 2 .5 36 1 86.9 49 1 43.9 5 7 .5 37 8 85.7 49 4 44.3 5 5 .4 36 3 88.3 49 7 43.7 6 3 3 38 6 89.7 50 7 44 1 6 9 3 39 1 92.0 52 2 44.5 8 0 3 39 9 . _ _ 13 14 15 Gross private domestic investment New construction Residential nonfarm Other Producers' durable equipment Change in business inventories— total Nonfarm only - _ ... Net exports of goods and services E xports Imports . _ 16 17 18 19 20 21 Government purchases of goods and services. . _ _ _ Federal _. _ ... National defense. ... __ Other Less: Government sales .. _. State and local 6 7 8 9 10 11 12 .__ Source: U. S. Department of Commerce, Office of Business Economics. 4 4 4 6 8 2 5 1 5 5 1 9 5 1 9 5 Year SURVEY OF CURRENT BUSINESS 14 December 19; Table 3.—Gross National Product, Seasonally Adjusted Quarterly Totals at Annual Rates, in Constant Dollars, 1950—57, and First Three Quarters, 1958 [Billions of 1957 dollars] 1951 1950 Line I II III IV Year II III 1952 IV Year I II IV III Year 1 Gross national product 326. 7 336 7 351.2 358.6 343.4 361.2 369 0 376 2 376 9 370 7 379 8 379 5 383 2 393 7 384 1 2 3 4 5 Personal consumption expenditures Durable goods__ Nondurable goods Services 221.6 30.4 112 2 79.0 225.3 31.2 113 3 80.8 237.2 39.1 116 4 81.7 228 33 112 82 3 7 4 1 228.1 33 6 113 6 80.9 233 34 116 82 8 6 5 7 225 7 29 1 113 5 83.1 228 29 115 84 9 4 3 1 231. 3 29.0 117 2 85.0 229 30 115 83 231 28 117 85 234 29 118 85 235 28 120 86 5 2 4 8 242 33 121 87 2 0 4 8 235 8 29 8 119 6 86 5 52.4 28. 5 15 5 13.0 21. 1 2.8 2.6 60.7 30 6 17 0 13.6 24.5 5 6 5.1 63.8 31 8 18 2 13.6 26.7 5.3 4.4 74.7 31 5 16 9 14 5 26.4 16 8 15.9 63.1 30 8 17 1 13 7 24.6 7 6 7.0 66.8 31 1 16 3 14 8 24.9 30 8 10.0 71.0 29 6 14 2 15 4 25.5 15 9 15.2 65.6 28 9 13 3 15 6 25.8 10 9 10.3 59.3 28 6 13 4 15 2 25.7 5 0 4.5 56.2 29 0 14 0 15 0 23 2 4 0 36 60 29 14 15 25 5 5 3 9 7 2 2 2 0 57 29 14 15 25 2 2 ._ 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 exports of goods and services 14 15 16 Government purchases of goods and services Federal State and local --- .. 9 5 6 7 65.5 29 4 14 2 15 2 25.5 10 7 10.0 4 3 7 5 60.1 29 0 13 6 15 4 26 0 5 0 4 6 3 7 7 9 52.6 29 1 13 9 15 2 26 5 —3 0 —3 6 3 3 1 ° 2 8 4 1.9 1.2 -.1 .6 .8 .5 2.5 4.4 4.4 3.0 4.2 3.5 .4 — 6 1 9 50.8 24.3 26 5 49.5 23. 1 26.4 50.3 23.9 26.5 55.1 28 6 26.5 51.4 25.0 26.5 59.9 33 2 26.7 69.8 42 7 27.1 77.3 50. 1 27.2 82.0 54.8 27.1 72.3 45 2 27.0 84.0 56 7 27.3 89.1 61 5 27.6 91.2 63 8 27.4 91.7 63 9 27 8 89 0 61 5 27 5 1954 1953 1955 Line 1 II III IV Year 1 II III IV Year I II III IV Year 1 Gross national product 401.2 406.1 402.7 395.9 401.5 391.4 390.0 392.5 400.8 393.9 413.9 422.0 430 5 434 7 425 5 2 3 4 5 Personal consumption expenditures Durable goods Nondurable goods Services __ 246.2 34.6 122.9 88.7 248.5 35.1 123.9 89.5 248.2 35.3 122.9 90. 1 246.3 33.6 122.4 90.3 247.3 34.6 123.0 89.6 245.6 32.6 122. 1 90.9 248.8 33.7 123.4 91.7 251.5 33.9 124.6 93.0 255.9 35.4 126.4 94.1 250.4 33.9 124. 1 92.4 261.7 39.7 126 5 95.6 266.9 40.9 129 3 96.8 273 4 43.4 131 8 98.2 275 4 41.8 134 1 99.5 269 4 41 4 130 4 97.5 6 7 8 9 10 11 12 Gross private domestic investmentNew construction Residential nonfarm Other _ Producers' durable equipment Change in business inventories — total Nonfarm only 60.1 30.6 15 0 15.6 26.7 2.8 3.4 60.6 31. 1 15 2 16.0 25.7 3.7 4.5 58.3 31.2 14 9 16.3 26.2 .9 1.6 52.2 31.4 J4 8 16.6 25.7 -4.9 —4.7 57.8 31. 1 15 0 16. 1 26. 1 .6 1.2 53.5 31.5 15 1 16.5 24.9 -2.9 -3.0 53.7 32.6 16 3 16.3 24.3 -3.2 -3.6 55.6 34.0 17 4 16.6 24.0 -2.4 -3.0 59.3 35.5 18 6 16.9 23.1 .8 2 55.7 33.5 16 9 16.6 24.1 -1.9 —2.4 66.2 37.7 20 1 17.6 23.5 5.0 4.2 70.4 38 3 20 4 17.9 25.2 7.0 6.3 72.4 38 5 20 0 18.5 27.5 6.5 59 73.9 38 0 19 3 18.7 28 2 7. 7 7 2 70.8 38 2 20 0 18.2 26 1 6. 5 5 9 13 N e t exports o f goods a n d services -.2 -.5 -.6 .2 o .5 1.5 1.2 3.0 1.7 2.0 1.1 1.8 1.4 1.7 95.1 66.9 28.3 97.6 69.3 28.2 97.3 67.8 29.5 96.7 68.0 28.7 91.8 61.4 30.3 86.0 55. 1 30.9 84.2 52.6 31.6 82.5 50.7 31.8 86.1 55.0 31.1 84.0 51.2 32.8 83.5 50.2 33.4 82.9 49.6 33.4 84.0 50.4 33.6 83.6 50. 3 33.3 14 15 16 _ _ . _ . _ _ _ . _. . ._- Government purchases of goods and services Federal State and local - - - - 96.8 68.0 28.8 1956 1958 1957 Line I II III IV Year i II III IV Year I II III 1 Gross national product 433. 2 434.1 435. 2 440.9 436. 0 441.6 442.8 442.4 434. 1 440.3 418.0 419. 0 428.3 2 Personal consumption expenditures Durable goods Nondurable goods Services 276. 4 40.6 135. 2 100. 6 27t> 6 39.3 13.x 6 101 7 276 5 38. 5 134. 9 103 1 280 5 40.2 136. 0 104 3 277 5 39.6 135. 4 102 4 282 5 40. 5 136. 8 105 2 283 5 39. 5 137. 6 106 4 287 2 40.3 139. 8 107 1 284.6 39.4 137. 7 107 5 284 4 39. 9 138. 0 106 5 280.7 36.3 136. 8 107. 7 281. 5 35. 5 137.7 108 3 284.7 35.8 139.9 109. 0 73.4 37.4 18 5 18 9 '?8 3 71.7 36. 9 18 0 18 9 °8 5 6 3 6.6 71.5 36. 9 17 7 19 1 28 9 5.8 5. 7 70.9 36 9 17 9 19 0 •19 i 4 9 4. 7 71.8 37 0 18 0 19 0 28 7 6 2 6.2 67.1 36 9 17 3 19 6 9 9 1 11 .6 67.0 36.0 16 5 19 5 28 2 2 8 1.9 65.9 36.3 16 8 19 5 27 8 18 .9 61.1 36.7 17 5 19 2 26 3 — 1.9 -2.7 65.3 36. 5 17 0 19 5 27 9 10 49.4 35. 7 17 0 18 7 °2 4 —8. 7 — 8.8 48.5 34.2 16 2 18 0 21 8 —7 5 -7.6 52.7 35.7 17 8 17 9 21 8 —4.8 -5.2 ' 84.6 49 3 35 2 4 6 8 9 10 11 12 Gross private domestic investment New construction Residential nonfarni Other Producers' durable equipment Change in business inventories — total Nonfarm only 13 Net exports of goods and services 14 15 16 Government purchases of goods and services Federal State and local 7. 7 1.0 3.3 3.7 82.3 48 1 34. 2 82.6 48 0 34.5 83.5 48 9 34.6 Source: U. S. Department of Commerce, Office of Business Economics. ,, 3.4 5 7 6.2 4.7 3.0 4.9 1.1 1.1 1.3 83.2 48 (i 34. 7 86.3 50 2 36 1 86.1 50 2 35 9 84.6 48 9 35.7 85.4 48 3 37. 1 85.7 49 4 36.3 86.7 48 9 37.8 87.8 49 9 38.0 89.6 50 9 38.7 IV Year SURVEY OF CURRENT BUSINESS December 1958 15 Table 4.—Implicit Price Deflators for Seasonally Adjusted Quarterly Gross National Product or Expenditure, 1950—57. and First Three Quarters, 1958 [Index Numbers 1957=100] 1951 1950 1952 Line 1 2 3 4 5 Gross national product Personal consumption expenditures _ Durable goods _ Nondurable goods Services _ _ _ . _ 6 7 8 9 10 11 Gross private domestic investment. New construction Residential nonf arm Other Producers' durable equipment Change in business inventories 12 Net exports of goods and services 13 14 15 Government purchases of goods and services Federal _-_ .-__ - __State and local . . ___ _ I II III IV 81.4 81.5 83.5 84.9 83.8 88.3 85.8 79.2 84.3 89.3 86 2 79.6 86.2 90.7 88.7 80.4 87.7 92.6 90.7 81.5 75.9 79.0 72.2 74.5 77.1 81.3 71 9 75.2 80.5 84.4 75.3 77.1 75.5 78.3 72.9 73.8 74.5 73.1 75.9 77.1 74.7 I II III IV 88.8 89.8 89.9 90.5 91.1 90.3 91.3 96.5 95.2 83.8 92.7 98.1 96 3 86.1 92.9 98.0 96 0 86.9 93 3 97.3 96 2 87.8 93.8 97.2 96 6 88.7 93.2 97.6 96.3 87.4 85 9 90.5 81 8 83.8 84 4 88.5 80 6 83.6 86 8 91.2 82 9 84.2 87 3 91. 1 83 8 84.5 87 4 91.3 83 8 84 0 87 2 90.9 83 6 84.1 87 2 91.1 83.5 84.2 84.9 86.4 81.7 83.7 85.7 80.2 84.6 85.6 82.6 84.4 84.7 83 6 85.8 86.2 84 9 86.7 87.3 85 3 85.4 85.9 84.3 I II III IV 82.9 88.0 88.5 88 7 89.7 85.5 90.3 87.9 80.2 90.5 95.5 94.6 82.6 91.0 96.2 95.2 83.5 91.2 96.9 95.0 84.1 92,3 97.7 96.1 85.1 80.4 84.9 75 2 79.9 78.6 82.5 73.7 76.8 82.7 86.8 78 3 83.1 84.5 88.3 81.0 83.7 84.8 88.9 81.2 83.7 78.2 79.5 76.7 75.9 77.5 74.3 82.6 86.2 78.2 82.6 84.5 79.6 83.9 85.6 80.6 Year Year Year . __ _ _ _ 1954 1953 1955 Line I II III IV Year I II III IV Year I II III IV Year 1 Gross national product. _ 90.8 90.8 91.2 91.2 91.0 92.0 92.0 92.2 92.5 92.2 92.8 93.1 93.7 94.1 93.4 2 3 4 5 Personal consumption expenditures Durable goods Nondurable goods Services 93.8 96.0 96. 1 89.8 93.9 95.3 95 7 90.7 94.3 95.3 95.9 91.8 94.3 93.0 95.9 92.7 94.1 94.9 95.9 91.3 95.1 95.6 96 6 93.0 95.1 95.6 96 3 93.2 94.9 95.2 96 0 93.4 95.0 95.6 95 7 93.8 95.0 95.5 96 2 93.4 95 3 96.5 95 8 94. 1 95 3 95.6 95 6 94. 6 95 95 95 95 95 95 95 95 6 2 6 8 95 4 95.6 95 7 94.9 6 7 8 9 10 11 Gross private domestic investment New construction Residential nonf arm Other Producers' durable equipment Change in business inventories 87.9 91 4 84 5 84.4 89.1 92 0 86 4 85.7 89.0 92 5 85 8 86.4 88.8 92 0 85 8 85. 5 88.7 92 0 85 6 85.5 88.4 91 3 85 7 86.2 88.6 90 2 87 1 86.4 88.7 90 7 86 7 86.4 89 1 91 1 86 8 86.4 88 7 90 8 86 6 86.4 89 8 91 8 87 6 87.3 91 2 93 0 89 2 87.9 92 0 94 2 89 6 88.7 93 2 95 3 91 0 90.1 91 6 93 6 89 4 88.6 12 Net exports of goods and services 13 14 15 Government purchases of goods and services Federal State and local 86.0 85.8 86.5 85.4 85.0 86.3 85.4 84.9 86.7 85.9 85.3 87.2 85.7 85.2 86.7 86.5 86 1 87. ') 86.5 85.4 88.4 88.0 87 2 89.3 88.5 87 5 90. 1 87.4 86 5 89.0 88.9 88 1 90 1 89.6 89 1 90 4 91.4 91 4 91 5 91.8 91 5 92 4 90.4 90 0 91 1 __. ._ 1956 1957 1958 Line 1 III IV Year I II III IV Year I II III _ __ 94.8 95.6 96.6 97.6 96.2 98.8 99.6 100.7 101.1 100.0 101.9 102.4 102 5 Personal consumption expenditures _ _ _ _. . _ _ Durable goods- . . _ __ _ Nondurable goods Services . _ _ _ _ _ _ _ _ _ _ _ _ _ 96.0 95.3 95 9 96.3 96.6 96. 1 96 6 96.9 97.6 97.3 97.6 97.6 98.2 98.4 98 1 98.2 97.1 96.8 97 0 97.3 99.0 99.1 99 0 99.0 99.7 100.0 99.6 99.6 100.4 100 2 100 5 100.3 100.9 100 6 100 8 101.2 100.0 100 0 100 0 100 0 101.9 100 1 102 2 102 2 102.4 100 5 102 6 102 8 102.4 100 9 102 2 103 1 6 Gross private domestic investment _ _ __ _ New construction Residential nonfarm __ _ _ _ _ . _ Other Producers' durable equipment _ Change in business inventories _. .. _ _ _ _ 94. 1 96.2 92 0 91.5 97.0 98.3 95 7 93.4 97.3 99.0 95 6 94.6 98.0 99.2 97 0 96.9 96.6 98.2 95 1 94.1 97 9 99.1 96 9 98.6 100 2 99.9 100 4 99.6 100 8 100.7 100 9 100 4 101 2 100.5 101 8 101 4 100 100 100 100 101 100 102 101 7 9 3 9 101 9 100 1 103 6 102 5 101 6 100 6 10° 5 102 7 93.3 93 2 93.4 93.5 92 6 94.7 95.3 94 4 96.4 96.8 96 2 97.6 94.7 94 1 95.6 98.5 97 8 99 4 99.5 99 0 100 3 101.4 101 5 101 1 101.8 101 6 102 0 100.0 100 0 100 0 101.8 101 5 102 2 102.2 101 6 102. 9 102 7 102 5 103 1 7 8 9 10 11 _ _ „ ___ II 2 3 4 5 Gross national product _ _ I 4 4 7 1 0 0 0 0 12 i Net exports of goods and services . 13 14 15 Government purchases of goods and services Federal State and local _ -_ - Source: II. S. Department of Commerce, Office of Business Economics. (Text continued on page 24) III Year BUSINESS STATISTICS X 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 DecemOctober November ber January February March April May June July August September October November GENERAL BUSINESS INDICATORS NATIONAL INCOME AND PRODUCT Seasonally adjusted quarterly totals at annual rates: f National income, total _ _ _ _ bil. ofdol 361 5 350.6 352.4 do do do __ do do do 254 8 238 0 197.4 9 5 31 1 16 8 250 9 234 4 192.7 9.4 32 3 16.5 250 7 234.2 191.8 9.6 32 8 16. 4 255 3 238 4 195.0 10.0 33 4 16 9 Proprietors' and rental income, totaled do _ _ _ Business and professionalc? do Farm do Rental income of persons do Corporate profits and inventory valuation adjustment, total bil. of dol Corporate profits before tax, total _ _ d o ._ Corporate profits tax liability do Corporate profits after tax do Inventory valuation adjustment _do 55.0 31 3 11 5 12 2 55.3 30 6 12 6 12 1 56.2 30 7 13 4 12 1 56.6 31 1 13 3 12 2 38 8 39.9 19 9 20 0 — 1. 1 31.3 31.7 16 1 15 5 —.3 32.5 32.0 16.3 15 7 .5 2 do 12 9 13 0 13 1 13 2 _ do Compensation of employees, total Wages and salaries, total Private _ __ __ Military _ _ _ _ _ _ Government civilian Supplements to wages and salaries _ _ _ Net interest Gross national product, total 438.9 425.8 429.0 439.0 Personal consumption expenditures, total do Durable goods do Nondurable goods __do _ _ Services _ -do 287 2 39 6 138.8 108 7 286 2 36 3 139.8 110. 1 288 3 35 6 141.4 111 3 291 5 36 1 142.9 112 5 Gross private domestic investment total New construction Producers' durable equipment Change in business inventories 61 5 37 1 26. 7 —2 3 49 6 36 3 22.9 —9 5 49 2 34 9 22.3 —8 0 53 36 22 —5 do do do _ do 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 _ _ Personal saving § 7 3 3 0 19 5 5 88.3 50 5 46.0 37 8 89.5 50 9 45.6 38 6 90.9 51 9 46.0 39 1 93 53 46 39 5 do _ do do 349 7 43.0 306 8 347 3 42.3 305 0 349 8 42.3 307.5 357 5 43.5 314 0 _ _ _do 19.6 18.8 19.2 22.5 3 4 6 9 PERSONAL INCOME, BY SOURCE Seasonally adjusted, at annual rates:f Total personal income bil of dol 1 1 S54. % 358 8 356 1 357 8 235 8 96.6 63.3 33 6 42.4 ' 242. 2 97.1 63.5 33 7 i 48.0 238 5 97.7 63 6 33 8 43.4 239.4 98 4 63 6 33 9 43 5 8.9 56 5 31.7 26.4 8.9 56 2 31 8 26.0 9.0 56 3 31.8 26.5 9.1 56 6 31 9 26.8 9 57 31 27 6.7 6.7 7.0 6.8 350 6 350 2 348 4 348 2 346 4 347 1 348 1 349 9 352 0 Wage and salary disbursements, total do Commodity -producing industries do. _ Distributive industries _ _ _ do Service industries do Government _ _ _ do. _ 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 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. _ 9.2 55 1 31.8 22.6 9.2 54 8 31.8 23.0 9.2 55 2 30.0 23.3 9.1 55 1 31.8 23.9 9.0 55 3 31.8 23.8 8.9 55 7 31 7 24.8 8.9 56 1 31.7 26.1 6.6 6.6 6.6 6.7 6.7 6.6 6.6 2 0 9 0 6.8 r 357 5 360 0 239 0 '97. 7 63.7 33 9 r 43. 7 241 5 99.8 64 0 34 i 43 6 9.2 57 3 31 9 26.9 9 3 57 4 31 9 26.7 '6.8 6.8 r r Total nonagricultural income do 335.2 335.7 333.0 332.5 330.1 330.5 331.0 332.4 335.1 i 342. 0 339.2 343.2 34C.9 ' 340. 7 «• Revised. 1 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. t^evised 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. 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. S-l 490032°—58-