View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

FEDERAL
RESERVE
statistical release

mil
E. 8

fA R y *
* L
f ;
c.

May 7. 1973
(I)

Volume arid Composition of Individuals' Saving- First Quarter, 1973
(Millions of dollars)

UNADJUSTED QUARTERLY FLOWS
|
I

1970 |
V |
I

I

1971
I
I

III

I
V I
I

I

1972
II

III

I
1973
I
V I
I

18.185
-5.179
26.511

22.918
2.930
17.391

27.033
2.506
13.283

28.145
8.348
16.348

22.879
-4.850
23.705

28.275
-405
20.625

34.110
6.432
19.221

34.674
7.741
17.124

26.409
-5.298
24.014

-1.563
3.295
-7.517
572
4.333

-5.388 -11.243
48 0
425
-7.849
-6.153
-4.830
-809
1.517
-171

-5.798
676
-6.423
-1.119
1.216

4.071
612
-1.426
412
2.021

-6.220
657
-3.575
-255
174

-1.823
797
-2.198
-1.371
635

-1.649
847
-4.496
524
1.446

1.796
772
-1.297
1.241
1.202

113
879
474
178
850

764
873
-1.808
934
1.402

SECURITIES
U . S . SAVINGS BONDS
OTHER U . S . TREASURY SEC.
U . S . G AGENCY SECURITIES
STATE + LOCAL OBLIGATIONS

4
5
6
7
8

7.598
—3.867
1.309
-6.518

4.147
-1.052
-541
-4.800

3.280
-17
303
-2.246

2.848
-1.249
553
-2.713

2.188
-745
- 2 97
-1.294

2.429
-374
271
126

133
-1.499
78 2
-2.637

1.584
-92 8
482
-1.024

846
500
-590
-726

872
-1.359
-140
505

845
735
-293
-3.555

710
-1.301
711
-757

CORP. AND FOREIGN BONDS
COMMERCIAL PAPER
INVESTMENT CO. SHARES
OTHER CORPORATE STOCK

9
10
11
12

6 . 556
3.300
7.256
9.759
6.462

6.848
3.842
5.698
10,264
5.256

1.387
826
2.402
1.954
2.417

1.515
823
2.015
2.162
1.581

1.639
825
1.546
3.714
671

1.702
826
1 .400
1.750
1.495

1.700
826
2.295
2.133
2.715

1.721
900
737
714
1.775

1.682
950
1.508
4.956
608

1.701
1.000
1.437
2.103
420

1.744
992
2.016
2.491
2.453

1.739
1.049
1.639
1.606
896

18 1 6 7 . 6 5 7 1 9 1 . 5 0 9
32.094
25.843
19
42.227
35,826
20
21 1 0 3 . 4 8 2 1 1 6 . 0 7 8
1.110
2.506
22

37.648
5.690
7.549
24.990
-581

36.452
5.414
7.479
22.105
1.454

41.852
5.460
9.547
26.069
776

42.203
6.703
9.509
25.507
484

47.150
8.266
9.291
29.801
-208

42.368
7.260
9.504
24.855
749

48.014
7.331
10.986
29.244
453

47.303
8.397
10.605
28.470
-169

53.824
9.106
11.132
33.509
77

4 9 . 6 1 2 GROSS I N V . I N TANGIBLE ASSETS
9.128
NONFARM HOMES
10.140
NONCORP BUS.CONSTR • EQUIP.
29.363
CONSUMER DURABLES
981
INVENTORIES

18
19
20
21
22

23 1 2 1 . 2 2 5
9.388
24
24.507
25
87.330
26

130.260
9.792
26.753
93.715

28.809
2.280
5.750
20.779

29.455
2.335
5.920
21.200

29.974
2.327
6.041
21.606

30.584
2.351
6.198
22.035

31.212
2.375
6.348
22.489

31.610
2.397
6.451
22.762

32.656
2.491
6.962
23.203

32.721
2.441
6.626
23.654

33.273
2.463
6.714
24.096

3 3 . 8 3 0 CAPITAL CONSUMP. ALLOWANCES
2.485
NONFARM HOMES
6.801
NONCORP.BUS. PLANT + EQUIP.
24.544
CONSUMER DURABLES

23
24
25
26

27
28
29
30
31

46.432
16.455
11.319
1 6 . 152
2.506

61.249
22.302
15.474
22.363
1.110

8.839
3.410
1.799
4.211
-581

6.997
3.079
1.559
905
1.454

11.878
3.133
3.506
4.463
776

11.619
4.352
3.511
3.472
484

15.938
5.891
2.943
7.312
-208

10.758
4.863
3.053
2.093
749

15.358
4.840
4.024
6.041
453

14.582
5.956
3.979
4.816
-169

20.551
6.643
4.418
9.413
77

1 5 . 7 8 2 NET I N V . I N TANGIBLE ASSETS
6.643
NONFARM HOMES
3.339
NONCORP BUS.CONSTR.* EQUIP
4.819
CONSUMER DURABLES
981
INVENTORIES

27
28
29
30
31

32
33
34
35
36
37
38

59.595
24.519
11.262
10.435
2.086
979
10.314

84.864
36.686
12.842
19.170
4.872
975
10.319

6.010
3.789
2.229
2 . 895
395
397
-3.695

6.846
3.583
1.903
-3.198
367
233
3.958

20.593
5.380
3.270
3.784
741
224
7.194

17.590
7.047
3.434
3.256
166
271
3.4-16

14.566
8.509
2.655
6.593
812
251
-4.254

14.245
6.949
2.493
-515
1.989
181
3.148

27.163
8.418
3.724
5.933
1.713
313
7.062

22.953
10.754
3.180
5.164
700
254
2.901

20.503
10.565
3.445
8.588
470
227
-2.792

1 7 . 9 7 5 INCREASE I N DEBT
10.354
MTG. DEBT ON NONFARM HOMES
2.064
NONCORP BUS. MTG. DEBT
1.756
CONSUMER CREDIT
-846
SECURITY CREDIT
221
POLICY LOANS
4.426
OTHER DEBT

32
33
34
35
36
37
38

39

83.118

96.323

27.752

18.336

14.203

21.062

29.517

19.392

16.470

25.739

34.722

24.216

39

96.281
8.605
73.533

119.938
8.918
80.675

4 -19.190
2.625
5
6 -19.273
-5.792
7
4.928
8
9
10
11
12
13
14
15
16
17

1
2
3

24.923
7.450
13.875

INCR. IN FINANCIAL ASSETS
CURR. AND DEMAND DEPOSITS
SAVINGS ACCOUNTS

PVT. L I F E I N S . RESERVES
PVT. INSURED PEN. RESERVES
PVT. NONINSURED PEN. RES.
GOVT. I N S . + PEN. RESERVES
M I S C . FINANCIAL ASSETS

INDIVIDUAL

SAVING(1*27-32)

(I) Combined statement for households, farm, and nonfarm noncorporate business.

These tables on individuals' saving are a continuation of the data that were formerly published by the Securities
and Exchange Commission and that are now derived from the Federal Reserve's flow-of-funds accounts. From flow-of-funds
tables the information shown here is a combination of the household, farm, and nonfarm noncorporate business sectors,
with the interconnecting flow of "net investment in noncorporate business" consolidated out. Apart from that consolidation
the statement is combined in that it includes trade credit and consumer credit claims among the sectors in the group.

The figures for first-quarter flows are based on incomplete information and are preliminary and tentative estimates.


1
2
3

13
14
15
16
17

A

May 7, 1973
(I)

,

Volume and Composition of Individuals' Saving-First Quarter, 1973
( B i l l i o n s of d o l l a r s )

V
SEASONALLY ADJUSTED ANNUAL RATES

SEASONALLY ADJUSTED ANNUAL RATES
1
1971
1 III

I
1
|
1

1972

1
1

1973
I

1968

1969

1970

1971

1972

1
2
3

72.4
12.8
30.4

62,6
3 .6
6.1

87.1
6.3
44.5

96.3
8.6
73.5

119.9
8.9
80.7

90.6
-1.4
57.3

106.1
11.1
70.6

101.0
15.5
90.2

4
5
6
7
8

3.5
.4
2.8
1.4
-.2

27.3
-.4
8.1
4.3
7.6

5.6
.3
-7.3
2.6
2.0

-19.2
2.4
-19.3
-5.8
4.9

- 1 .6
3.3
-7.5
.6
4.3

3.4
2.4
-16.4
.9
7.2

-10.8
2.6
-9.0
-1.2
3.0

-31.0
3.2
-21.0
-5.7
1.9

9
10
11
12

4.8
2.0
4.7
-12.3

5.7
5.9
5.5
—9 . 6

12.4
-1.8
2.6
-5.2

7.6
-3.9
1.3
—6. 5

4.1
-1.1
-.5
-4.8

9.0
.2
2.0
-2.0

3.1
-4.0
2.5
-7.8

6.1
-6.7
-2.7
—6. 1

1.3
.7
2.0
-1.3

3.0
-3.6
.3
—• 5

13
14
15
16
17

4.6
2.9
6.4
6.0
5.9

4.8
2.9
6.3
6.6
4.9

5.1
3.3
7.1
9.2
6.0

6.6
3.3
7.3
9.8
6.5

6.8
3.8
5.7
10.3
5.3

6.8
3.3
5.1
8.5
7.7

6.8
3.3
8.2
9.5
7.4

6.9
3.6
3.2
4.5
8.0

6.7
3.8
7.4
15.6
3.4

6.8
4.0
5.2
10.0
3.6

7.0
4.0
7.0
10.9
6.0

7.0
4.2
6.9
8.1
4.5

18
19
20
21
22

132.5
21.1
26.7
84.0
.6

143.0
22.0
29.2
90.8
1.1

140.9
19.6
30.6
90.5
.1

167.7
25.8
35.8
103.5
2.5

191.5
32.1
42.2
116.1
1.1

172.5
26.7
37.2
106.1
2.5

174.2
29.2
37.9
106.1
1.0

182.6
29.6
40.8
111.0
1.1

188.3
32.4
40.7
113.9
1.4

193.9
33.4
42.1
118.6
-.2

201.3
32.9
45.4
120.8
2.2

213.4
37.7
43.5
130.1
2.0

GROSS I N V . I N TANGIBLE ASSETS
NONFARM HOMES
NONCORP BUS.CONSTR • E Q U I P .
CONSUMER DURABLES
INVENTORIES

18
19
20
21
22

23
24
25
26

95.3
8.3
19.6
67.4

104.5
8.7
21.3
74.6

112.2
9.0
22.6
80.6

121.2
9.4
24.5
87.3

130.3
9.8
26.8
93.7

122.3
9.4
24.8
88.1

124.8
9.5
25.4
90.0

126.4
9.6
25.8
91.0

130.6
10.0
27.8
92.8

130.9
9.8
26.5
94.6

133.1
9.9
26.9
96.4

135.3
9.9
27.2
98.2

CAPITAL CONSUMP. ALLOWANCES
NCNFARM HOMES
NONCORP.BUS. PLANT • E Q U I P .
CONSUMER DURABLES

23
24
25
26

27
28
29
30
31

37.2
12.8
7.1
16.7
•6

38 . 5
13.3
7.9
16.2
1.1

28.7
10.6
8.1
9.9
.1

46.4
16.5
11.3
16.2
2.5

61.2
22.3
15.5
22.4
1.1

50.1
17.3
12.4
18,0
2.5

49.3
19.7
12.5
16.2
1.0

56.1
20.1
15.0
20.0
1.1

57.7
22.5
12.9
21.0
1.4

63.0
23.6
15.6
24.0
-.2

68.2
23.1
18.5
24.4
2.2

78.1
27.8
16.3
31.9
2.0

NET I N V . I N TANGIBLE ASSETS
NONFARM HOMES
NONCORP BUS.CONSTR.+ EQUIP
CONSUMER DURABLES
INVENTORIES

27
28
29
30
31

32
33
34
35
36
37
38

43.3
14.9
6.6
11.1
2.1
1.3
7.4

41.6
16.2
6.9
9.3
-2.5
2.6
9.0

32.8
12.5
8.0
4.3
-1.9
2.3
7.5

59.6
24.5
11.3
10.4
2.1
1.0
10.3

84.9
36.7
12.8
19.2
4.9
1.0
10.3

64.2
29.1
12.2
12.6
.6
1.1
8.7

73.7
31.7
11.4
14.5
3.0
1.0
12.2

75.7
27.5
12.6
13.1
8.2
.7
13.6

82.8
35.5
13.1
18.0
7.0
1.3
7.9

85.1
44.0
11.1
18.7
2.7
1.0
7.6

95.0
39.8
14.5
26.1
1.6
.9
12.2

88.4
41.2
10.9
25.3
-3.3
.9
13.4

INCREASE I N DEBT
MTG. DEBT ON NONFARM HOMES
NONCORP BUS. MTG. DEBT
CONSUMER CREDIT
SECURITY CREDIT
POLICY LOANS
OTHER DEBT

32
33
34
35
36
37
38

39
40
41

66.3
6.0
16.7

59.6
6.6
16.2

82.9
9.2
9.9

83.1
9.8
16.2

96.3
10.3
22.4

76.5
8.5
18.0

81.7
9.5
16.2

81.4
4.5
20.0

100.7
15.6
21.0

93.3
10.0
24.0

109.9
10.9
24.4

103.7
8.1
31.9

2.5

.9
-.2
63.1
54.8
8.2

.8

1.4

1.2

.6
*

*

56.5
60.9
-4.5

62.2
54.9
7.4

48.8
61.0
-12.2

55.4
59.3
-3.9

55.8
55.7
.1

42
43

2.5
*

*

44

41.2

45
46

39.8
1.4

34.2
38.2
-4.0




IV

II

I

1.0

III

125.7
-3.4
78.8

115.5
10.9
79.6

136.8
12.1
74.1

114.1
14.6
91.7

-4.6
3.1
-16.0
5.2
3.8

15.t
3.5
7.5
.4
5.9

-23.0
3.5
-20.5
3.1
3.9

13.3
3.4
—.8
2.4
5.7

IV

1.4

1.2

62.5
50.2
12.4

58.1
50.9
7.2

6.1
5.4
— 1.8 '
-11.2

2.0

*

72.5
62.8
9.7

2.5
-8.5
-2.0
-5.1

I N C R . I N FINANCIAL ASSETS
CURR. AND DEMAND DEPOSITS
SAVINGS ACCOUNTS
SECURITIES
U . S . SAVINGS BONDS
OTHER U . S . TREASURY SEC.
U . S . G AGENCY SECURITIES
STATE + LOCAL OBLIGATIONS
CORP. AND FOREIGN BONDS
COMMERCIAL PAPER
INVESTMENT CO. SHARES
OTHER CORPORATE STOCK
P V T . L I F E I N S . RESERVES
P V T . INSURED PEN. RESERVES
P V T . NONINSURED PEN. RES.
GOVT. I N S . + PEN. RESERVES
M I S C . F I N A N C I A L ASSETS

INDIVIDUAL SAVING(1+27—32)
L E S S - G O V T . I N S * PEN RESERVES
NET I N V . I N CONS. DUR
CAPITAL GAINS D I V I D E N D S
1.7
FROM I N V E S T . CCS.
.1
NET SVG. BY FARM CORPS.
6 1 * 9 EQUALS PERS SAVING* F / F BASIS
5 7 . 0 PERSONAL SAVING, N I A BASIS
4 . 9 DIFFERENCE ( 4 4 - 4 5 )

1
2
3
5
6
7
8
9
10
11
12
13
14
15
16
17

39
40
41
42
43
44
45
46

(1)COMBINED STATEMENT FOR HOUSEHOLDS, FARM, AND NCNFARM NONCORPORATE BUSINESS

r