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SURVEY OF CURRENT BUSINESS 30 July 1950 Table 42.—Gross National Product or Line No. | [Billions of dollars] 1940 1939 I 1 Gross national product. 2 3 4 5 Personal consumption expenditures Durable goods Nondurable goods . Services -.. _. . 6 7 8 9 10 Gross private domestic investment New construction Producers' durable equipment Change in business inventories — total Nonfarm only 11 Net foreign investment 12 13 14 15 16 17 Government purchases of goods and services _ _ , Federal War Nonwar Less: Government sales State and local . , _ II III IV Year 15.6 16.6 16.6 18.6 67.5 16.8 17.7 1 4 1 7 1 5 ? 1 6. 7 1 7 ? 0 7.9 8.6 8.7 10.1 35.3 8.5 9.1 6.3 6.3 6.4 6.5 25.5 6.6 6.6 __ . - I I 1942 II III IV Year I 1943 II III IV Year I II III IV Year 21.6 21.8 22.9 25.0 91.3 24.0 24.3 25.0 28.1 101.4 27.7 30.4 32.1 36.2 126.4 35.3 38.5 41.7 46.1 161.6 45.3 47.7 49.1 52.3 194.3 __ _ . II III IV Year 1941 2.6 1.7 2.9 2.7 1 0 1 99 1 4 1 3 1 1 1 3 1 0 1 .6 -.8 .5 .1 .6 -.8 .4 .1 __ . __ 2 __ 3.2 1.3 ? 1.0 .0 1.9 _ __ _ 3 9.9 4.9 4 6 .4 .3 3 17.5 20.0 72.1 18.4 1 7 ? 5 7.9 *> 1 9.2 10.7 37.6 9.3 6.6 6.8 26.6 6.9 20.2 20.7 23.0 82.3 20.8 21.9 22.5 25.9 91.2 23.6 25.1 25.2 28.4 102.2 9 7 9 ^ 2.6 9.8 1.7 1.6 1.6 2.2 7. 1 1.5 1.6 1.6 2 2 6.8 10.5 11.3 12.9 44.0 11.6 12.5 13.1 15.7 52.9 13.7 14.9 15.0 1"'. 3 61.0 7.0 7.1 7.5 28.5 7.6 7.8 7.8 8.1 31.2 8.4 8.6 8.6 8.9 34.4 3.5 2.8 3.9 3.8 13.9 4.4 4.6 4.9 1 0 1 4 1 6 1 5 5.6 1.3 1 7 •> 0 1 4 1 6 1 *i 1.6 6.1 1.8 2.2 1.9 1.0 .8 .6 2.3 1.3 .6 1.0 1.0 -.2 .8 .6 2.0 1.2 .5 .9 4 .9 3 4 3 3 1 5 o 4.4 18.3 4.5 3.3 2.2 .9 10.9 .8 1.0 2.4 1.4 5.7 q 7 4 0 5 6 g 9 5 1 7 6 8 1 2 1i 1.7 7.7 1.5 1.4 1.1 .9 4.9 .8 1.0 1.1 1.2 4.1 1.0 3.9 1.9 .7 .2 -.7 2.1 -.4 -.6 .5 -.4 -.9 o -.5 .8 3.4 1.6 .4 -.2 -1.1 .8 -.6 -.5 .8 o— 2 1 i f) 9 3.4 3.1 3.4 13.1 3.3 3.4 3.3 4.0 13.9 4.7 5.4 6.4 1.3 1.2 1.3 5.2 1.4 1.4 1.4 1.9 6.2 2.8 3.4 4.5 .3 .3 .4 1.3 .4 .4 .5 .9 2.2 1.9 2.7 3.8 1.0 .9 1.0 3.9 1.1 1.0 .9 1.0 4.0 .9 .7 .7 .0 .0 .0 .0 .0 .0 .0 .0 .0 .0 .0 .0 2.1 1.9 2.0 7.9 1.9 2.0 1.9 2.0 7.8 1.9 2.0 1.9 2 — 4 — 6 — 5 -2.2 8.3 24.7 9.8 13.5 16.9 19.6 59.7 21.3 22.2 22.0 23.1 88.6 6.2 16.9 7.8 11.5 15.1 17.6 52.0 19.4 20.3 20.3 21.2 81.2 5.4 13.8 7.0 10.8 14.6 .17. 1 49.6 19.0 20.0 20.2 21.1 80.4 .8 3.2 .8 .6 .6 2.7 .5 .4 .3 .3 1.5 2 2 .0 .1 .1 .0 .0 .1 .0 .1 .6 2.0 7.8 1.9 2.0 1.8 2.0 7.' 7 1.9 1.9 1.7 L 9 7.4 Table 43.—Gross National Product or Expenditure, Line No. i [Billions of dollars] 1 2 3 4 5 1939 I Gross national product Personal consumption expenditures Durable goods Nondurable goods Services 6 7 8 9 10 Gross private domestic investment New construction Producers' durable equipment Change in business inventories— total Nonfarm only 11 Net foreign investment.,. _ __ . 12 13 14 15 16 17 Government purchases of goods and services Federal War . Nonwar Less: Government sales . State and local 1940 III IV Year I II II III 1941 I IV Year II III 1942 IV Year I 1 II i III 1943 IV Year I II III IV Year 89.1 88.9 92.4 95.0 91.3 98.1 98.9 101.9 106.8 101.4 113.3 122.8 130.0 139.6 126.4 143. 3 155.5 166.8 180.6 161.6 183.5 192.8 197.2 203.9 194.3 65.4 67.2 68.0 69.3 67.5 70.2 71.7 72.0 74.3 72.1 77.2 81.2 84.8 85.9 82.3 87.1 89.3 92.0 96.2 91.2 98.8 101.7 103.3 105.2 102.2 6.4 6.6 6.9 7.0 6.7 7.5 7.8 7.7 8.4 7.9 9.6 10.2 10.0 9.2 9.8 7. 5 6.9 6.8 7.0 7.1 6.7 6.9 6.9 6.7 6.8 33.8 35.2 35.5 36.4 35.3 36.4 37.5 37.7 38.8 37.6 40.0 42.9 46.1 46.8 44.0 49.4 51.5 53.6 56.9 52.9 58.8 60.6 61.6 62.9 61.0 25.1 25.3 25.7 25.9 25.5 26.3 26.4 26.6 27.1 26.6 27.6 28.0 28.7 29.9 28.5 30.2 30.9 31.6 32.3 31.2 33.3 34.2 34.8 35.6 34.4 8 0 10 8 11 *> 9.9 12.8 12.4 15.1 15.5 13.9 16.3 19.6 18.7 18.8 18.3 16.4 13.2 6.3 7.5 10.9 1.3 5.2 4.8 4.9 4.9 5.0 4.9 5.0 5.5 5.8 5.9 5.6 6.3 7.0 7.2 6.6 6.8 5.7 4.4 3.0 2.7 4.0 2.5 2.4 4.1 4.3 4.7 5.2 4.6 5.6 5.8 6.3 6.8 6.1 7.3 8.0 8.3 7.1 7. 7 5.6 5.4 4.7 3.8 4.9 3.0 4.0 .4 2.2 1.1 3.0 2.3 2.7 4.5 3.2 5.0 3.9 5.2 3.4 -1.3 1.0 2.1 -4.3 -1.3 .8 —1.2 1.2 .9 § 8 2.7 2.5 2.0 2.4 4.1 2.7 4.4 3.4 4.3 2.0 -2.8 -.5 7 -1.3 1 1 .8 -4.9 -1.0 ?, 1 .7 .6 1.0 1.2 .9 1.8 1.6 1.4 1.3 1.5 1.1 .7 .6 2.1 1.1 .2 -1.0 .6 -.6 7.3 2.6 4.5 .2 1.1 9.1 5.7 2.7 2.5 4.7 4.1 1.7 -.9 o -1.7 -2.5 -2.2 -2.7 2 2 1.3.2 13.2 12.6 13.3 13.1 13.4 13.3 13.5 15.6 13.9 18.7 21.3 26.0 32.8 24.7 39.2 53.6 68.2 77.9 59.7 85.0 88.5 88.8 92.2 88.6 5.2 5.3 4.8 5.4 5. 2 5.8 5.5 5.6 7.8 6.2 11.2 13.6 18.0 24.9 16.9 31.3 45.8 60.6 70.4 52.0 77.7 81.1 81.3 84.8 81.2 1.1 1.2 1.3 1.4 1.3 1.6 1.7 1.8 3.8 2.2 7.5 10.7 15.2 21.7 13.8 28.2 43.4 58.4 68.3 49.6 76.0 80.1 81.0 84.4 80.4 4.1 4.1 3.4 3.9 3.9 4.2 3.9 3.7 4.0 4.0 3.7 2.9 2.8 3.3 3.2 3.2 2.8 2.4 2.3 2.7 2.2 1.5 1.0 1.2 1.5 2 .1 .0 .2 .0 .0 .0 .0 .0 .0 .1 .0 .1 .3 .0 .3 .0 .0 .0 .0 .5 .5 .8 .7 .6 8.0 7.9 7.8 7.9 7.9 7.6 7.8 7.9 7.8 7.8 7.5 7.8 8.0 7.9 7.8 7.8 7.8 7.7 7.5 7'. 7 7.4 7.3 7.5 7.4 7.4 Table 44.—Disposition of Personal Line No. [| [Billions of dollars] I Personal income 2 Less' Personal tax and nontax payments Federal 3 State and local 4 5 Equals' Disposable personal income 6 Less: Personal consumption expenditures 7 Equals' Personal saving III IV Year I II III IV Year I 1942 II III IV Year I II 1943 III IV Year I II III IV Year 17.5 17.8 17.9 19.4 72.6 18.6 19.2 19.4 21.2 78.3 21.3 23.1 24.5 26.5 95.3 26.9 29.4 31.7 34.7 122.7 35.6 37.3 37.8 39.7 150.3 . __ - _- II 1941 1940 1939 _ _. .8 .6 .5 .5 2.4 .9 .6 .5 .6 2.6 1.2 .8 .6 .6 3.3 2.4 . 4 .3 .3 .2 1.2 .5 .3 .3 .3 1.4 .8 .5 .4 .4 2.0 2.0 2 .3 1. 2 .4 .4 .3 .3 1 3 .4 .4 .3 .2 .3 1.2 .4 .3 16.8 17.2 17.3 18.9 70.2 17.7 18.5 18^9 20.7 75.7 20.1 22.3 23.8 25.8 92! o 24.4 15.6 16.6 16.6 18.6 67.5 16.8 17.7 17.5 20.0 72.1 18.4 20.2 20.7 23.0 82.3 20. 8 1.1 .5 .8 .3 2.7 .9 .8 1.4 3.7 1.7 2.1 3.1 2.8 9.8 3.6 1.3 1.2 1.0 6.0 3.8 3.7 .9 1.0 4.7 3.4 3.4 .3 '.3 1.3 .4 .4 28!l 30. 5 33. 7 116.7 31.8 33. 6 21.9 22.5 25.9 91.2 23.6 25.1 6.2 8.0 7.7 25.6 8.2 8.5 4 9 5.4 17.8 4 ^ 7 5.1 16.5 .3 1.3 32^8 34.2 132. 4 25.2 28.4 102.2 7.6 5.9 30.2 Table 45.—Disposition of Personal Income, Seasonally [Billions of dollars] I II III IV Year I II III IV Year I II III IV Year 1 II \ III IV Year 1.2 1.2 1.2 2.4 2.6 2.6 2.6 2.6 1.2 1.4 1.4 1.4 1.4 1.2 1.2 1.2 1.2 1.3 2.6 3.3 3.3 3.3 1.4 2.0 2.0 2.0 1.2 1.3 1.3 1.3 3.3 2.0 1.3 3.3 2.0 1.3 6.0 4.7 1.3 6.0 4.7 1.3 6.0 4.7 1.3 6.0 4.7 1.3 6.0 14.6 14.7 20. 9 ! 21.2 17.8 13.3 13.4 19.6: 19.8 16.5 i 3 1.3 1.3 1.3 i1. o"ij 1.6 tl 68.5 69.0 70.2 72.9 70.2 73. 5 73.9 76.0 79.7 75.7 83.4 89.0 95.4 99.8 92.0 103. 3 111.7 121.6 130.4 116.7 129.7 134.3 130.9134.8 132.4 65.4 67.2 68.0 69.3 67.5 70.2 71.7 72.0 74.3 72.1 77.2 81.2 84.8 85.9 82.3 87.1 89.3 92.0 96.2 91.2 98.8 101.7 103. 3 105. 2 102.2 Less : Personal consumption expenditures I 1943 i 2.4 2.4 2.4 2.4 1.2 1.2 1.2 1.2 _ - Equals" Disposable personal income Equals* Personal saving II III IV Year 1942 70.9 71.4 72.6 75.3 72.6 76.1 76.5 78.6 82.3 78.3 86.7 92.3 98.7 103.1 95.3 109.3 117.7 127.6 136.3 122.7 144.3 148.9 1J1. 9 156.0 150.3 Personal income Less* Personal tax and nontax payments Federal State and local 1941 1940 1939 - 3.1 1.8 2.1 3.6 2.7 3.3 2. 2 4.0 5.3 3.7 6.2 7.8 10.6 14.0 9.8 16.2 22.4 29.5 34.2 25.6 30.9 32.6 27.7 29.6 30.2 SUEVEY OF CURRENT BUSINESS July 1950 31 Expenditure, Quarterly, 1939-49 [Billions of dollars] 194£ i 194^( I II III IV Year I II III 194r 194( I Year IV 11 III Year IV I II III 1949 194* IV Year I II III IV Year I II III IV Yaar 51.2 52.3 54.0 56.2 213.7 54.8 55.4 53.0 52.0 215.2 48.3 50.4 54.3 58.2 211.1 54.1 56.2 57.8 65.2 233.3 59.9 62.5 65.8 70.8 259.1 62.4 62.1 63.8 67.2 255.6 25. 6 27.1 27.6 1.5 1.6 1.6 15.0 16.2 16.6 9.1 9.4 9.4 31.2 2.4 19.3 9.5 111.6 28.5 29.4 30.0 7. 1 1.7 1.9 1.9 67.1 17.1 17.7 18.3 37.4 9.8 9.9 9.9 35.1 3.1 21.8 10.2 123. 1 32.3 35.2 37.1 8.5 2.7 3.7 4.3 74.9 18.9 20.5 21.5 39.7 10.6 11.0 11.3 42.4 5.9 24.9 11.6 146.9 37.6 40.4 40.7 16.6 4.5 5.1 5.1 85.8 21.3 23.2 23.3 44.5 11.9 12.1 12.3 46.8 6.7 27.4 12.7 165.6 41.3 43.6 43.8 21.4 4.9 5.6 5.8 95.1 23.3 24.6 24.6 49.1 13.1 13.4 13.5 48.7 6.6 28.4 13.7 177.4 41.8 44.3 43.8 22.9 4.9 5.7 6.1 100.9 23.0 24.5 23. 6 53.7 14.0 14.1 14.0 48.9 178.8 7.2 23.8 27.4 98.5 14.3 56. 4 2.5 1.7 2.7 .8 _ 7 .8 .6 .7 1.3 1.5 1.4 1.5 .6 -.5 .4 -1.4 .6 -1.3 .8 -.3 _ 7 _ 7 — 3 — 4 2.3 2.2 3.3 .6 .8 1.1 1.6 1.7 2.0 2 .2 -.3 .2 .2 -.2 —2 1 — 7 _ 7 — 3 2.9 1.4 2.3 -.8 -.9 10.7 3.9 7. 5 —_ 7 7.6 6.1 7.8 2.6 3.1 4.0 4.0 4.3 4.1 .9 -1.4 -.3 1.4 -.6 .4 8.7 4.2 4.6 — 1 .2 30.2 10.0 9.2 12.4 13.9 3.5 4.5 5.1 17.1 4.7 5.0 4.9 -.8 1.7 -.3 2.3 1.4 1.6 -.7 1.9 11.6 4.6 5.3 1.8 1.5 43.1 17.7 19.9 5.5 4.4 2 2.5 2 2 2 0 8.9 .9 .8 — . 1 .3 1.9 96.5 24.7 24.4 19.9 89.0 22 7 22.4 18.0 88. 6 22.7 22.4 18.5 .3 .3 .3 1.6 .7 .3 .3 1.2 7.5 2.0 2.0 1.9 13.9 11.7 12.3 2 .8 2.2 7 2 4.0 4.3 .3 3.2 7.2 3.9 4.2 .2 3.2 7.6 4.0 4.2 .2 3.6 28.6 15.8 17.1 1.3 12.8 7. 7 4.3 4.5 .3 3.4 23.8 24.1 24.0 21.9 22 2 22.3 21.9 22.1 22. 2 .3 .3 .3 .3 1.9 1.9 1.7 24.6 22.6 22.5 .4 .3 2.0 7. 7 2.8 5.7 -.8 -.3 6.5 1.7 2.3 2.5 2.5 6.4 2.5 2.9 1.0 1.0 8.7 3.1 3.2 2.3 2.4 7.2 3.0 3.9 .3 .4 28.7 10.3 12.3 6.1 6.3 —1 4 7 13 1.3 12 4 6 82.8 74.8 75.9 1.0 2.2 8.0 8.8 6.6 6.9 .3 .6 2.2 7.5 5.1 5.5 .5 .9 2.4 7.2 4.7 4. 7 .8 .8 2.5 7.3 4.5 4.0 .9 .4 2.8 c 2 2 30.9 6.7 20.9 3.9 21.2 | 4.4 .5 2.7 10.0 2.8 9.0 5.1 5.3 .1 3.9 9.8 5.7 5.8 .1 4.0 10.1 5.9 6.0 .1 4.2 7.7 33.0 9.9 6.2 9.2 4.7 17.3 3.6 4.2 4.8 4.7 19.5 5.0 5.1 4.7 1.3 -3.1 -.3 — 1.7 -3.7 1.3 -2. 9 .0 -1.5 -3.1 .3 — . 1 -.1 .4 36.6 10.4 11.2 10.9 21.0 6.4 6.6 6.3 21.5 6.4 6.7 6.5 .1 .1 .2 .5 15.6 4.1 4.6 4.6 10.8 6.1 6.1 .1 4.7 43.3 25.3 25. 7 .4 18.0 .3 Seasonally Adjusted Quarterly Totals at Annual Rates, 1939-49 [Billions of dollars] 1945 1944 1 II III IV Year I II III 1947 1946 IV Year I II III 207.6 211.1 217.0 219.0 213.7 222.6 225.0 213.0 2C0.3 215.2 199.7 205.6 218.7 220.4 106. 9 110.2 113.3 115.7 6.8 7.0 7.1 7.5 63.7 66.1 68.5 70.0 36.5 37.2 37.7 38.3 111.6 119. 0 120. 5 123. 3 129.5 9.6 7.1 7.8 8.1 8.3 67.1 72.2 73.1 75.2 79.1 37.4 39.0 39.3 39.8 40.8 123.1 8.5 74.9 39.7 8.4 7.6 8.0 6.8 3.0 2.8 2.8 2.7 5.2 5.9 5.7 6.0 .2 -1.1 -.5 -1.9 i -1.5 1.1 -.5 —2 7 — 2 9 — 1 2 — 1.6 95.0 96.2 96.9 87.5 88.8 89.3 87.5 88.4 88.6 1.1 1.6 2.0 1.0 1.2 1.3 7.5 7.4 7.6 98.0 90.4 90.0 1.6 1.2 7.6 7. 7 7. 7 2.8 2.8 5.7 6.2 -.8 -1.3 -.3 -1.0 9.9 10.4 3.3 4.0 6.7 8.0 -^ -1.6 .1 -1.5 14.9 5.6 9.2 .1 .1 —2.1 —2.7 -2.7 — 1.0 .6 96.5 98.6 97.3 80.2 89.0 90.8 89.5 72.1 88.6 90.9 89.8 73.9 1.6- 1.0 1.1 1.1 1.2 1.1 1.3 2.9 7.5 7.8 7.8 8.1 55.2 46.8 49.2 .9 3.4 8.5 137. 2 12.8 81.9 42.4 142.3 15.5 83. 3 43.5 Year IV 146.9 16.6 85.8 44.5 30.3 11.8 15.8 2.7 3.3 28.7 10.3 12.3 6.1 6.3 5.5 4.8 4.6 82.8 35.4 29.9 29.2 74.8 26.4 20.4 18.9 75.9 27.7 22.1 18.7 1.0 1.2 1.9 3.2 2.2 2.5 3.6 3.1 8.0 8.9 9.5 10.3 29.2 18.1 16.1 3.6 1.7 11.1 30.9 20.9 21.2 25 2.7 10.0 — 1.4 2.6 5.2 II III IV 211.1 224.0 231.7 233.1 244.3 152. 0 156. 1 18.3 19.7 88.3 89.8 45.4 46.6 10.7 24.5 28.1 31.9 3.9 7.9 10.1 11.4 7.5 9.3 11.5 12.7 — 7 7.4 6.6 7.8 -.6 7.3 6.6 8.1 I 1948 159.5 20.4 91.9 47.3 163.9 21.2 94.4 48.3 167.6 171.3 21.4 22.6 96. 5 97.8 49.8 50.9 28.3 29.4 27.7 35.3 12.5 12.6 14.1 16.4 16.1 16.8 17.0 18.4 .1 -3.4 -.3 .5 1.5 3.1 — . 7 1.8 8.7 10.0 27.4 15.5 }l7.6 2.1 11.9 28.4 15.9 17.2 1.3 12.5 c X 1949 233.3 247.6 257.8 264.2 266.8 259.1 258.8 255.2 254.4 253.8 255.6 3 i 165.6 21.4 95.1 49.1 177.4 22.9 100.9 53.7 179.0 180.6 178.8 24.7 25.3 23.8 97.6 97.9 98.5 56.6 57.4 56.4 2 3 4 5 Year I II 174.4 177.0 22.1 23.3 LOO. 1 100.6 52.2 53.2 III 179.7 178.7 23.9 22.2 101. 5 101.4 54.3 55.2 30.2 37.9 42.1 45.7 13.9 17.0 17.9 18.2 17.1 18.9 19.4 20.4 -.8 2.0 4.9 7.1 1.4 1.7 3.5 5.6 9.0 7.8 8.9 3.8 28.7 15.7 16.6 .9 13.0 29.9 16.1 16.9 .9 13.8 28.6 15.8 17.1 1.3 12.8 31.5 17.1 18.1 1.0 14.4 3.0 — .1 35.6 20. 5 21.0 .6 15.2 IV 38.9 22.8 23.1 2 16.1 46.8 17.8 20.9 8.0 6.7 1.0 40.3 23.6 23.8 .3 16.7 Year I 177.4 22.4 99.4 55.6 II 178.4 23.0 99.2 56.2 III IV Year 43. 1 37.5 31.3 32.1 31.2 33.0 6 17.7 17.2 16.8 16.9 18.2 17.3 7 19.9 20.1 19.8 19.4 18.7 19.5 8 5.5 .3 -5.3 -4.2 -5.7 -3.7 9 .1 -4.5 -3.2 -4.7 -3.1 10 4.4 .1 _ 7 4 11 1.9 1.0 1.3 36.6 21.0 21.5 .5 15.6 42.9 25. 5 25.8 3 17.4 44.3 26.6 26.8 .2 17.7 43.2 25.1 25.8 .7 18.2 42.8 24.3 24.6 .3 18.5 43.3 12 25.3 13 14 25.7 1 115 .4 16 18.0 17 Income, Quarterly, 1939-49 [Billions of dollars] 194 5 194 i I II III IV Year I II III 194 1 194 IV Year I II III Year IV 40.1 41.2 41.5 43.1 165.9 43.0 43.6 42.5 42.8 171.9 41.8 43.8 45.2 47.0 5.2 6.0 4.4 4.8 5.6 4.1 .4 .4 .3 34.9 35.2 37.0 25.6 27.1 27.6 9.3 8.1 9.4 3.3 3.0 .3 39.8 31.2 8.6 18.9 8.5 4.9 3.9 17.5 8.0 4.5 3.6 1.4 .4 .4 .3 147.0 34.6 38.8 38.6 111.6 28.5 29.4 30. 0 35.4 6.0 9.3 8.5 3.6 3.3 .3 39.2 35.1 4.1 20.9 7.6 3.4 4.2 19.4 7.1 2.9 3.9 .4 1.5 .5 .4 151.1 34.2 40.4 41.0 123.1 32. 3 35.2 37.1 28.0 1.9 5.3 3.9 3.6 3.3 .4 43.3 42.4 .9 I II III 177.7 45.7 46.3 48.3 18.8 17.2 1.6 8.7 8.2 .5 4.0 3.5 .5 4.7 4.3 .4 158.9 37.0 42.3 43.6 146.9 37.6 40.4 40.7 12.0 -.6 1.9 2.8 194, * IV Year I II III 1949 IV Year I II III 1 IV Year 50.7 191.0 50.0 51.9 53.0 54.6 209.5 51.1 51.6 50.8 52.6 206.1 1 4.1 3.7 .4 21.5 9.3 3.9 4.2 19.6 8.7 3.3 3.8 1.9 .6 .6 .5 169.5 40.7 48.0 48.8 165.6 41.3 43.6 43.8 3.9 -.7 4.4 5.0 3.7 3.2 .5 50.9 48.7 2 2 21. 2 7.3 3.4 4.4 19.0 6.6 2.7 3.8 2.2 .6 .6 .7 188.4 43.8 48.3 46.4 177.4 41.8 44.3 43.8 10.9 2.0 4.0 2.6 3.7 18.7 3.1 16.2 .5 2.5 49.0 187.4 48.9 178.8 .1 8.6 2 3 4 5 6 7 46.6 46.8 -.2 Adjusted Quarterly Totals at Annual Rates, 1939-49 [Billions of dollars] 1945 1944 I 162.4 18.9 17.5 1.4 II III IV 1 164.9,166.4 169.7 i 18.9 18.9 19.0 17.5 17.5 17.6 1.4 1.4 1.4 Year I II III 1946 IV 165.9 174.4 174.2 170.7 168.6 18.9 21.3 21.2 20.7 17.5 19.9 19.8 19.2 1.4 1.4 1.5 1.5 20.3 18.7 1.5 Year I II III 1947 IV 171.9 170.3 175.0 181.2 184.2 20.9 17.8 18.6 19.1 19.4 16.2 17.0 17.5 1.5 1.6 1.6 1.7 19.6 17.9 1.7 Year I II III 1948 IV 177.7 186.6 185.5 193. 2 198.6 18.8 21.2 21.2 21.6 17.2 19.3 19.4 19.7 1.6 1.8 1.8 1.9 22.1 20.2 1.9 Year I II III IV 191.0 203.1 208.4 212.7 213.8 21.5 23.3 20.8 20.2 19.6 21.2 18.7 18.0 1.9 2.1 2.1 2.2 d fc 1949 20.3 18.1 2.2 Year I II III IV Year 209.5 208.6 206.8 203.8 205.4 206.1 1 21.2 18.7 18.7 18.7 19.0 16.3 16.2 16.2 2 2 2.4 2.5 2.5 18.7 16.1 2.5 18.7 2 16.2 3 2.5 4 143.4 146. 0 147.4 150.7 147.0 153. 1 153.0 150.0 148.3 151.1 152.5 156. 4 162.1 164.6 158.9 165.4 164.2 171.7 176.5 169.5 179.8 187.6 192.5 193.5 188.4 189. 9 188.2 185.1 186.8 187.4 5 106.9 110.2 113.3 115.7 111.6 119.0 120.5 123.3 129.5 123.1 137.2 142.3 152.0 156.1 146.9 159.5 163.9 167.6 171.3 165.6 174.4 177.0 179.7 178.7 177.4 177.4 178.4 179.0 180.6 178.8 6 36.5 35.8 34.1 35.0 35.4 34.1 32.5 26.7 18.8 28.0 15.3 14.1 10.1 8.5 12.0 5.9 .4 4.1 5.2 3.9 5.5 10.5 12.8 14.8 10.9 12.5 9.8 6.2 6.2 8.6 7 32 SURVEY OF CURRENT BUSINESS juiy 1950 Table 46.—Relation of Gross National Product, National [Billions of dollars] 6 £ g 1939 I M II 1940 III IV Year I 1941 II III IV Year I 1942 II III IV Year I 1943 II III IV Year I II III IV Year 21.6 21.8 22.9 25.0 91.3 24.0 24.3 25.0 28.1 101.4 27.7 30.4 32.1 36.2 126.4 35.3 38.5 41.7 46.1 161.6 45.3 47.7 49.1 52.3 194.3 1 Gross national product 2 3 4 5 Less: Capital consumption allowances Indirect business tax and nontax liability Business transfer payments _ _ - _ Statistical discrepancy 6 Plus: Subsidies less current surplus of government enter prises _ 7 Equals: National income 2.0 2.0 2.0 2.1 2.2 2.3 2.4 2.4 1 1 1 1 — 1 — 9 3 1 S __ .1 .1 .1 .1 8.1 2.1 2.1 2.1 2.2 8.4 2.2 2.3 2.4 2.4 9.3 2.5 2.5 2.5 2.5 10.0 2.6 2.7 2.7 2.8 10.7 9.4 2.3 2.5 2.6 2.6 10.0 2.6 2.8 2.9 3.0 11.3 2.9 2.9 3.0 3.0 11.8 3.1 3.1 3.3 3.3 12.7 c 1 1 1 1 1 1 1 1 .1 1 1 1 1 1 1 1 .4 .5 1 1 0 1 6 — l — 1 — 1 2.0 1.6 .1 .2 .3 1.7 2.3 -.9 -.6 .1 2.3 1.4 .7 — 1 .9 .5 .1 .1 .1 .1 .4 .1 .0 .0 .1 -.1 .0 .0 .2 .0 .2 .0 .0 .1 .1 2 17.5 17.7 18.1 19.2 72.5 19.0 19.8 20.3 22.3 81.3 23.0 25.3 26.9 28.7 103.8 29.7 32.8 35.9 38.7 137.1 40.4 42.4 43.0 43.9 169.7 8 9 10 Less: Corporate profits and inventory valuation adjustment Contributions for social insurance E xcess of wage accruals over disbursements 11 12 13 14 Plus: Government transfer payments Net interest paid by government Dividends Business transfer payments 15 Equals: Personal income 1.3 1.2 1.6 1.7 5 fi .5 0 0 .6 .3 .8 1 .6 .3 .8 1 0 0 .6 .6 .3 .3 .8 1.4 1 1 5.8 1.8 2.2 2.3 2.9 6 fi 6 2.1 .6 .0 0 2.5 1.2 3.8 .5 7 7 .3 .8 .1 .4 .9 1 0 0 0 .7 6 .3 .3 .9 1.4 1 1 9.2 3.0 3.6 3.9 4.1 14.6 4.1 4.8 5.4 5.6 19.9 5.9 6.2 6.3 5.9 24.3 7 7 2.8 .8 .8 .9 .9 3.5 1.1 1.1 1.2 1.1 4.5 2 3 .6 0 0 0 0 0 0 0 o 0 1 1 0 2 .0 .0 .0 2.7 1.3 4.0 .4 7 .7 6 6 .3 .4 .3 .3 .9 1.0 1.0 1.5 .1 1 1 1 2.6 7 6 1.3 4.5 .3 .4 .9 1.0 .1 1 .4 1.4 1 i!o 1 fi 6 6 6 2 7 1.5 .4 .6 .5 .6 4.3 1.0 1.0 1.0 1.4 .1 .1 .1 .1 2.5 2.1 4.5 .5 17.5 17.8 17.9 19.4 72.6 18.6 19.2 19.4 21.2 78.3 21.3 23.1 24.5 26.5 95.3 26.9 29.4 31.7 34.7 122.7 35.6 37.3 37.8 39.7 150.3 Table 47.—Relation of Gross National Product, National Income, and [Billions of dollars] 6 fc 1940 1939 I 13 III IV Year I IT II IV Year I II III 1942 IV Year I II III 1943 IV Year I II III IV Year 89.1 88.9 92.4 95.0 91.3 98.1 98.9 101.9 106.8 101.4 113.3 122.8 130.0 139.6 126.4 143.3 155.5 166.8 180.6 161.6 183.5 192.8 197.2 203.9 194.3 1 Gross national product 3 4 5 8.0 8.1 8.1 8.2 Less' Capital consumption allowances Indirect business tax and nontax liability- _ Q ? q 3 Q 4 9 5 n .4 .5 .5 Business transfer payments .3 .3 2!l 3.0 Statistical discrepancy 6 Plus: Subsidies less current surplus of govern- 7 Equals* National income 8 9 10 Less: Corporate profits and inventory valuation 6.0 5.7 6.2 5.0 adjustment 2.0 2.1 2.2 2.3 Contributions for social insurance Excess of wage accruals over disbursements. .0 .0 .0 .0 5.8 7.9 9.4 2.1 2.2 2.2 .0 .0 .0 11 12 13 14 Plus : Government transfer payments Net interest paid by government Dividends -Business transfer payments 2.6 2 5 2.5 2.4 1.1 1.2 1.2 1 1 3.2 3.7 3.9 4.3 .4 .5 .5 2.5 2.7 2.8 1 2 13 1 1 3.8 4.3 3.8 .4 15 Equals* Personal income III 1941 4 5 6 4 8.1 8.2 8.3 8.5 8.7 8.4 8.8 9.2 9.5 9.6 9.3 9.8 10.0 10.0 10.1 10.0 10.3 10.6 10.8 11.0 10.7 9.4 Q 6 9 q 10.2 10.4 10.0 10.8 11.2 11.3 11.9 11.3 11.8 11.5 11.8 12.0 11.8 12.6 12.6 12.8 12.9 12.7 .4 .4 .4 .4 .5 .5 .5 .4 .5 .5 .5 .5 .5 .5 .5 .5 .5 .5 .5 .5 l'.4 2 9 .8 1.4 1.4 1.6 .0 .1 1.2 5.1 .8 2.6 2.0 4.3 2.3 -2.8 .8 1.2 4.6 1.6 .9 .5 .5 .5 .3 .4 .3 .1 .1 -. 1 .1 -.3 .2 .7 .0 .2 .1 .0 .3 .3 .2 71.6 71.3 72.9 74.2 72.5 77.5 79.9 81.9 86.2 81.3 93.5 101.3 107.5 112.8 103.8 120.1 131.1 143.2 153.8 137.1 163.0 169.0 172.1 174.7 169.7 - _ _ _ _ 9.5 2.3 .0 9.9 2.4 .0 9.2 12.9 15.1 14.9 15.7 14.6 17.0 19.1 21.0 22.4 19.9 23.6 24.8 25.1 23.7 24.3 2.3 2.5 2.7 2.9 3.0 2.8 3.1 3.3 3.6 3.9 3.5 4.2 4.5 4.7 4.8 4 .0 .0 .0 .1 .0 .0 .0 .0 .0 .0 .0 .3 .3 .0 K 4.0 2.6 1 3 4.2 .4 2.7 1 3 4.0 .4 .4 .1 2.7 1 3 4.2 .5 2.6 13 4.3 .5 2.6 1.3 4.5 .5 2.6 1.3 4.6 .5 2.6 1 3 4.5 .5 2.9 1 3 4.6 .5 2.7 1.5 4.4 .5 2.6 1.6 4.3 .5 2.4 17 4.2 .5 2.7 1.5 4.3 .5 2.5 1.9 4.4 .5 2.4 2.1 4.5 .5 2.5 2.2 4.5 .5 2.5 2.4 4.5 .5 2.5 2.1 4.5 .5 70 9 71.4 72.6 75.3 72.6 76.1 76.5 78.6 82.3 78.3 86.7 92.3 98.7 103.1 95.3 109.3 117.7 127.6 136.3 122.7 144.3 148.9 151.9 156.0 150.3 SURVEY OF CURRENT BUSINESS July 1950 33 Income, and Personal Income, Quarterly, 1939—49 [Billions of dollars] 194£5 194/I I II Year IV III 51.2 52.3 54.0 56.2 I II III IV 213.7 54.8 55.4 53.0 52.0 3.2 3.3 3.8 3.9 1 1 .4 1.0 2.7 4.1 1 3.0 Year Year I II III I Year IV II III Year IV 3 233.3 59.9 62.5 65.8 70.8 259.1 62.4 62.1 63.8 67.2 255.6 1 14.8 4.1 4.3 4.4 18.7 4.8 5.0 5.2 7 2 2 2 .3 -2.0 -2.5 -.9 4.5 5.4 2 2.4 17.4 4.5 4.7 4.7 20.4 5.0 5.3 5.5 7 2 2 .2 -2.9 -1.3 -2.2 -.9 4.8 18.8 5.5 21.3 7 .2 2.6 -1.9 2 3 4 5 .6 — . 1 .0 .1 — . 1 — .1 A 6 182.7 41.9 44.3 46.0 48.0 180.3 47.5 48.8 50.0 52.4 54.1 216.8 7 3,7 4.7 1.6 1.6 . 2 -.2 4.5 1.5 .0 5.4 1.4 .0 18.3 6.0 .0 5.4 1.6 .0 6 4 1.6 .0 6 4 1.3 .0 6.6 1.2 .0 24.7 5.7 ' .0 7.1 1.3 .0 8 0 1.3 .0 7 9 1.3 .0 8.8 1.2 .0 31.8 5.2 .0 7.3 7.6 1.5 1.5 .0 -.1 7.9 1.4 .0 7.1 1.3 .0 29.9 8 5.7 9 .0 10 3.0 1.0 1.2 .1 2.6 1.0 1.4 .1 2.5 1.1 2.0 .1 10.9 4.4 5.8 .6 2.6 1,0 1.4 .2 2.5 1 2 1.5 .2 3.3 1 0 1.5 .2 2.7 1.1 2.1 .1 11.1 4.4 6.6 7 2.8 1.0 1.7 •2 2.7 13 1.6 .2 2.5 1 0 1.7 .2 2.6 1.2 2.4 .2 10.6 4.5 2.8 10 1.8 .2 2.8 10 1.7 .2 3.0 1.3 2.5 .2 11.6 11 4.7 12 7.8 13 14 171.9 41.8 43.8 45.2 47.0 177.7 45.7 46.3 48.3 50.7 191.0 50.0 51.9 53.0 54.6 46.7 6.3 1 3 -.2 6 3 1.3 .0 6 0 1.3 .0 5.5 1.3 .0 24.0 5.2 58 1.5 .0 59 1.6 .0 4.1 1.5 .0 3.3 1.5 .0 19.2 6.1 .0 ,7 .6 1.0 .1 .8 .7 1.1 .1 .8 .7 1.1 .1 .8 .7 1.5 .1 3.1 2.8 4.7 .9 .8 1,0 .1 1.0 1.0 1,1 .1 1.2 9 1.1 .1 2.5 1.0 1.5 .1 5.6 3.7 4.7 40.1 41.2 41.5 43.1 165.9 43.0 43.6 42.5 42.8 42.5 IV 4.0 5.1 2 3.4 45.0 46.1 46.1 183.8 47.5 47.9 44.8 III 65.2 .2 .4 II 12.2 3.4 3.6 3.8 17.3 4.4 4.5 4.7 2 2 2 6 1.7 -1.3 —.8 -1.0 .1 .2 I 211.1 54.1 56.2 57.8 .2 .1 Year 3.2 4.6 1 2.0 .2 .2 IV 58.2 3.1 3.7 1 2.8 c III 6 1949 1948 3.1 4.5 1 .5 3.0 3.7 1 1.2 4.0 7 II 12.4 2.8 3.0 15.5 4.0 4.2 K 1 1 4.9 -.1 -.7 2.9 3.5 1 2 3.2 3.7 1 .5 I 215.2 48.3 50.4 54.3 2.8 3.1 1 .2 11.9 14.1 194F 1946 .8 .5 2.8 1 3 1.3 .1 .9 .0 — . 1 — .1 .0 .0 .0 198.7 52.7 55.5 56.9 58.3 .0 .0 .1 .0 223.5 54.1 54.3 54.3 7 2.9 1.4 1.8 .2 209.5 51.1 51.6 50.8 .0 52.6 206.1 15 Personal Income, Seasonally Adjusted Quarterly Totals at Annual Rates, 1939—49 [Billions of dollars] 1945 1944 I II III Year IV 207.6 211.1 217.0 219.0 11.4 11.7 12.1 13.0 14.2 14.6 .5 .5 .5 2.1 1.5 6.2 7 7 6 12.4 14.7 .5 6.3 8 181.4 183.8 184.2 185.9 25.3 24.9 23.8 5.0 5.1 5.2 0 .0 — 8 22.2 5.4 .0 3.1 2.7 4.6 .5 3.2 3.1 4.7 .5 3.0 2.5 4.5 .5 3.0 2.9 4.7 .5 162.4 164.9 166.4 169.7 892701°-50- I II III IV 213.7 222.6 225.0 213.0 200.3 11.9 12.7 13.0 13.3 14.1 15.0 15.3 15.6 .5 .5 .5 .5 4.0 3.2 5.4 5.1 .7 .7 .2 .9 10.7 16.1 .5 5.9 1.6 183.8 191.8 190.9 179.4 168.6 24.0 23.5 23.5 16.5 5.2 5.8 6.1 6.3 — 2 0 .0 .0 3.1 2.8 4.7 .5 3.5 3.3 4.7 .5 4.2 3.5 4.6 .5 5.0 3.8 4.8 .5 Year I II III IV 215.2 199.7 205.6 218.7 220.4 12.4 11.3 11.9 12.4 13.0 15.5 16.5 17.1 17.8 18.0 .5 .6 .5 .6 .6 4.9 3.5 1.2 4.0 -1.6 .8 1.8 2.3 — . 2 —.2 182.7 169.7 177.2 183.8 190.3 13.2 6.3 .0 19.2 14.7 18.8 18.1 6.1 6.1 6.1 5.9 .0 .0 .8 — .9 21.5 5.8 .0 10.0 4.1 4.9 .5 5.6 12.0 11.1 10.6 3.7 4.7 5.3 5.6 6.0 .6 .5 .5 .6 6.4 .6 165.9 174.4 174.2 170.7 168.6 1947 1946 9.7 171.9 170.3 175.0 181.2 184.2 Year I II III 1948 IV 211.1 224.0 231.7 233.1 244.3 12.2 13.5 14.6 15.3 17.3 18.0 18.2 18.7 .7 .6 .6 .7 .3 2.8 -1.5 1.7 .9 .1 .4 A 16.0 19.7 .7 i —.4 180.3 191.7 195.9 199.4 207.7 Year I II III o 1949 IV Year I III II Year IV 233.3 247.6 257.8 264.2 266.8 259.1 258.8 255.2 254.4 253.8 255.6 1 14.8 16.6 17.3 17.6 18.1 18.7 19.6 20.3 20.8 20.9 .7 .7 .7 .7 .7 .3 -2.3 -3.1 -1.8 -4.3 17.4 18.1 18.7 18.9 19.3 18.8 20.4 20.7 21.2 21.7 21.5 21.3 .7 7 7 .7 -2.9 .7 -2.9 -3.6 -1.9 -1.9 2 3 4 5 — .1 — .3 1 — l .1 198.7 212.8 222.7 226.8 231.4 0 2 3 o o .1 6 223.5 218,8 217.8 216.7 214.2 216.8 7 18.3 20.8 25.7 26.0 6.0 6.1 6.1 5.3 .0 .0 .0 .0 26.4 5.3 0 24.7 27.7 32.4 32.0 5.7 5.2 5.1 5.3 1 — 1 1 .0 35.3 5.4 .1 31.8 28.8 30.4 31.8 5.2 5.7 5.6 5.6 1 _ 3 0 .0 28.4 5.7 .0 29.9 8 5.7 9 .0 10 10.9 10.1 10.7 11.1 11.1 10.9 10.4 9.9 10.6 11.2 11.7 11.9 11.8 11.6 11 12 7.8 13 . 7 14 5.8 .6 6.6 .6 9.9 13.7 6.4 .7 6.4 .7 6.8 .7 177.7 186.6 185.5 193.2 198.6 6.6 7.2 .7 7.3 .7 7.5 .7 7.9 .7 191.0 203.1 208.4 212.7 213.8 7.5 7.9 .7 .'7 7.4 .7 8.2 .7 209.5 208.6 206.8 203.8 205.4 206.1 15 WlontkL BUSINESS STATISTICS JL HE DATA here are a continuation of the statistics published in the 1949 Statistical Supplement to the SURVEY OF CURRENT BUSINESS. That volume (price $1.25) contains monthly data for the years 1945 to 1948, and monthly averages for earlier years back to 1935 insofar as available; it also provides a description of each series and references to sources of monthly figures prior to 1945. Series added or revised since publication of the 1949 Supplement are indicated by an asterisk (*) and a dagger (f), respectively, the accompanying footnote indicating where historical data and a descriptive note may be found. The terms "unadjusted" and "adjusted" used to designate index numbers and dollar values refer to adjustment of monthly figures for seasonal variation. Monthly averages for 1949 are shown in the March 1950 issue of the Survey of Current Business. selected series will be found in the Weekly Supplement to the Survey. Data subsequent to May 1950 for 1950 1949 Unless otherwise stated, statistics through 1948 and descriptive notes are shown in the 1949 Statistical Supplement to the Survey May June July August September October November December January February March April May GENERAL BUSINESS INDICATORS NATIONAL INCOME AND PRODUCT f Seasonally adjusted quarterly totals at annual rates: National income total bil. of dol Compensation of employees, total do Wages and salaries, total do Private do .. . Military do Government civilian do Supplements to wages and salaries do Proprietors' and rental income, total cT - do Business and professional^ 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 do ' 217. 8 ' 140. 5 ' 134. 2 '4.2 ' 16.1 '6.3 '42.2 '21.1 '13.7 '7.4 ' 216. 7 ' 140. 0 ' 133. 6 '113.0 '4.3 ' 16.3 '6.4 40.1 20.7 12.2 '7.2 '30.4 26.4 '10.0 '16.4 '3.9 '4.7 31.8 28.2 10.8 17.3 '3.7 '4.8 r 114.0 ' ' ' ' 214 2 140. 2 133. 6 112. 7 ' 4.6 ' 16 4 ' 6.6 40.7 20.6 12.8 '7 3 217 2 ' 142 3 ' 135. 2 ' 114.3 '4 5 16 4 ' 7 1 ' 41. 5 ' 21 4 ' 12.8 '7 3 28 4 27 6 10.6 16 9 ' .8 '4 8 28 4 29 2 11.4 17 8 — 7 '50 ' 253 8 ' 180 6 '25.3 '97 9 r 57.4 ' 31. 2 ' 18 2 18 7 ' —5 7 ' 262 5 Gross national product total do Personal consumption expenditures, total do Durable goods do Nondurable goods do Services do Gross private domestic investment .-do ___ New construction do Producers' durable equipment do Change in business inventories do Net foreign investment do Government purchases of goods and services, total -bil. of dol Federal (less Government sales) do State and local do ' 255. 2 '178.4 ' 23. 0 '99.2 ' 56. 2 '31.3 '16.8 ' 19.8 ' -5.3 '1.3 ' 254. 4 ' 179. 0 '24.7 97.6 '56.6 32.1 '16.9 '19.4 ' —4.2 '44.3 '26.6 '17.7 43.2 '25.1 18.2 '42 8 ' 24 3 ' 18 5 r 41 4 Personal income, total _ - _ __do _ _ Less: Personal tax and nontax payments _do Equals: Disposable personal income do. _ Personal savings f do _ _ . ' 206. 8 '18.7 ' 188. 2 '9.8 ' 203. 8 '18.7 ' 185. 1 '6.2 ' 205 4 '18.7 ' 186 8 '6.2 r 216 4 r .1 r T, r J82 4 26 9 r 97 5 58 0 ' 40 5 ' 19 9 19 3 ' 1 3 ' 19 r 7 r 22 6 18 9 18 7 ' 197 7 ' 15 3 PERSONAL INCOME, BY SOURCE § Seasonally adjusted, at annual rates: Total personal income bil. of dol Wage and salary receipts, total do Employer disbursements, total do Commodity-producing industries do Distributive industries. _ _ do Service industries do Government _ _-do Less employee contributions for social insurance bil. of dol_. Other labor income _ ... do Proprietors' and rental income - - _ do Personal interest income and dividends, .do Total transfer payments _.do Total nonagricultural income _ do__ . r 207. 6 ' 132. 7 ' 134. 9 ' 57. 1 r 40. 1 ' 17.6 '20.1 ' 205 9 '131.6 r 133. 9 ' 56. 4 '39. 6 r 17 5 ' 20. 4 '204 5 '131.4 ' 133. 5 ' 56. 0 '39.4 ' 17 4 '20.7 ' 203 3 '131.3 ' 133 5 ' 56. 3 '39 4 '42.6 ' 17.1 '12.3 2.3 ' 2.9 42. 2 '16.8 '12.4 ' 2.1 '2.9 '40.2 '16.6 12.4 ' 188. 7 ' 187. 4 ' 186. 8 2.2 r 2.9 r ' 203 4 ' 131.6 ' r133 8 56.4 ' 39 4 ' 17 4 ' 20 6 r 202 4 ' 130. 3 ' r132 5 54 8 '39 0 2.2 '2.9 '40 7 '16.8 12 6 2.2 '3 0 ' 39 2 '17.0 12 6 2.2 '3 0 ' 39 8 '17.2 ' 12 1 '17.2 12 4 ' 187. 3 ' 187 8 ' 186 0 ' 187 6 r 17 3 ' 20. 5 r 17 g ' 20 9 ' 205 7 '131.3 ' r133 4 55 5 r 39 o r 17 g r 21 1 '2.1 '3 1 r 41 7 ' 208 4 '132.9 r 135 1 r 57 0 r 39 3 r 214 6 ' 132. 2 r 135 o r SQ 7 ' 39 5 ' 215 4 ' 131. 5 r 134 2 r 55 8 T 39 3 ' 219 3 ' 133. 6 ' 136 4 r 57 7 r 39 § r 18 1 r 21 0 r 17 g r 17 9 r 21 0 r 20 9 r 18 1 r 21 0 2.2 '31 ' 40 6 18.9 2.8 '30 r 43 5 '17.5 r 41 Q r 4Q 2 r 12 9 '17.7 r Ig 4 r 22 2 '18.0 f 24 2 ' 191 1 ' 195 2 2.7 '30 ' 199 0 ' 213 8 ' 135. 3 ' 138 1 r 59 i T r 2.8 '33 ' 203 7 r 39 7 -IQ o 213 3 136.' 4 1 39 2 60 3 39 5 1C q r 21 1 21 1 '2.8 '33 ' 39 8 '18.2 ' 17 2 41 ^ 198 7 2.8 34 17.9 Hi 197 2 NEW PLANT AND EQUIPMENT EXPENDITURES All industries, quarterly total Manufacturing __ _ _ Mining Railroad _. Other transportation Electric and gas utilities Commercial and miscellaneous mil. of dol.. do do.. . _ do do. do do 4,660 1,880 190 380 140 780 1,290 4,370 1,690 180 310 140 790 1,260 4 630 ] 830 180 300 120 890 1,320 i 4 53Q i i 97Q i ifift i ^nn i 90 i s^fi i 1. 170 3 700 1 520 150 230 80 650 1.060 ' Revised. i Estimates for April-June 1950, based on anticipated capital expenditures of business. fRevised series. Quarterly estimates of national income, gross national product, and personal income and monthly estimates of personal income have been revised beeinnine: 1946see pp. 28-35 of this issue for the revised figures. ' c?1 Includes inventory valuation adjustment. §Personal saving is excess of disposable income over personal consumption expenditures shown as a component of gross national product above. 882701°—50 4 S-l
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