Full text of Economic Indicators : February 1952

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EXPENDITURES FOR NEW PLANT AND EQUIPMENT
Kjonfarm plant and equipment expenditures in the fourth quarter of 1951 were 18 percent higher than they had been
..- ygar previous. O n the basis of reported business plans, about the same ratio would hold in the first quarter of
-|952 also.
*^_^
- ^ ^ ^
BILLIONS OF DOLLARS
30

ANNUAL TOTALS

BILLIONS OF DOLLARS
30

ANNUAL RATES

TRANSPORTATION AND
ELECTRIC ANO GAS
UTILITIES

\

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4 >>

TUR NG ANO

"*.1
1943

1939

(950

1951

I

2

3

2

I

|J/

3

II

1

3

1952

1951

1950

ft
2

i / SEE KOTE 3 ON TABLE BELOW.
COUNCIL OF ECONOMIC ADVISERS

SOURCES; SECURITIES ANO EXCHANGE COMMISSION AND DEPARTMENT OF COMMERCE.

[Millions of dollars, annual rates, not adjusted for seasonal variation]
Total *

Period
1939
1941_
._
1945
1948
1949
195O.-_
1951 »

_
_
_

-_.
_.

.

1950: First quarter
Second auarter..
Third quarter
Fourth quarter
1951: First quarter
Second quarter
Third quarter
Fourth quarter 3 -_
1952: First quarter 3 __

-._
--

5,213
8,190
7,406
20, 032
18, 021
17, 832
23, 126
14, 476
16, 732
18, 048
22, 068
19, 452
23, 652
23, 376
26, 024
22; 916

Manufacturing
1,943
3,400
3,983
9, 134
7, 149
. 7, 491
11, 141
5,776
6,856
7,436
9,896
8,616
11,208
11,364
13, 380
12, 040

Mining

Transportation
Railroad

380
680
443
802
738
684
806
584
640
720
792
732
812
796
884
832

280
560
552
1,319
1,350
1, 136
1,564
928
1, 192
1, 140
1,280
1,212
1,648
1, 508
1,888
1,596

Other
280
340
321
700
525
437
517
316
360
492
580
500
544
480
544
552

Electric and
gas utilities
480
710
630
2,683
3,140
3, 167
3,654
2,612
3,032
3,284
3,740
3,012
3,572
3,732
4,300
3,536

Commercial
and miscellaneous J
1,850
2,490
1,477
5,394
5, 119
4, 917
5,443
4,260
4,652
4,976
5,780
5, 380
5,868
5, 496
5, 028
4,360

1

Excludes agriculture.
* Commercial and miscellaneous composed of trade, service, finance, and communication.
Estimates for fourth quarter 1951 and first quarter 1952 based on anticipated capital expenditures of business as reported in a survey made in late October
and during November.
NOTE.—These figures do not agree with the totals Included In the gross national product estimates of the Department of Commerce, principally because the
«Jtter cover agricultural investment and also certain equipment and construction outlays charged to current expense. Figures for 1939-44 are Federal Keserve
Board estimates based on Securities and Exchange Commission and other data.
Detail will not necessarily add to totals because of rounding.
Sources: Securities and Exchange Commission and Department of Commerce (except as noted).
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