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BUSINESS STATISTICS .I HE STATISTICS here are a continuation of the data published in BUSINESS STATISTICS, the 1951 Statistical Supplement to the SURVEY OF CURRENT BUSINESS. That volume (price $1.50) contains monthly data for the years 1947 to 1950, 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 1947. Series added or revised since publication of the 1951 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 * 'ad justed" used to designate index numbers and dollar values refer to adjustment of monthly figures for seasonal variation. Statistics originating in Government agencies are not copyrighted and may be reprinted freely. vided through the courtesy of the compilers, and are subject to their copyrights. Unless otherwise stated, statistics through 1950 and descriptive notes are shown in the 1951 Statistical Supplement to the Survey Data from private sources are pro- 1953 1952 April May June July August September October November December January February March April GENERAL BUSINESS INDICATORS NATIONAL INCOME AND PRODUCTf Seasonally adjusted quarterly totals at annual rates: National income, total -. . _ bil. of dol Compensation of employees, totaldo Wages and salaries, total--. _._ do Private do Military-. do Government civilian do Supplements to wages and salaries _do Proprietors' and rental income, totalcf do Business and professional cf - - 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 285.6 186 9 177.8 145 6 10.2 21 9 9.2 51.9 27.6 14.8 9 5 287.7 190 3 181 0 148 3 10.4 22 4 9 3 52 5 27 5 15 2 9 8 300 2 197 9 188.2 155 3 201 6 191.8 158 7 9.6 53 6 28.2 15 5 10 0 9.8 53 6 28.6 14 9 10 1 39 9 38.2 21.0 17.2 1.7 6.9 37 8 37.2 20 4 16.8 6 71 41 5 40 3 22 1 18. 2 12 7.2 — 5 7.4 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 National security 9 do State and local do 342.6 214.9 26.4 117.8 70.8 49.3 23.6 25. 7 .1 .4 343.0 215 0 24 2 118 9 71 9 51 7 23 0 25 0 3 7 — 1.6 359. 0 222 0 27 3 121.4 73 3 57.3 23 7 25 6 81 -.9 361. 0 226 2 29 8 121 7 74 6 54 4 25 2 27 5 1 7 — 2.0 78 0 54 9 50.3 23 0 77 54 49 23 80 56 50 24 6 6 4 0 82 57 51 25 4 5 2 0 Personal income, total Less: Personal tax and nontax payments Equals' Disposable personal income Personal savin g§ 264 4 33.6 230,8 15 9 268 9 34. 1 234 8 19 8 277 0 34.6 242 5 20 5 281 35 245 19 3 7 6 5 do do do do 9 8 6 1 PERSONAL INCOME, BY SOURCEf Seasonally adjusted, at annual rates: Total personal income bil. of dol Wage and salary disbursements, total do Commodity-producing industries do Distributive industries __ __ _._do Service industries _ do Government do Wage and salary receipts, total do Other labor income _ __ _ -do Proprietors' and rental income do Personal interest income and dividends. _ do Transfer payments _ __ do Less personal contributions for social insurance O bil. of dol- . Total nonagricultural income . do 262.5 176.7 76.9 47.0 21.0 31.8 173.4 4.4 51.2 21.5 12.3 264.5 177.9 76.7 47.7 21.3 32.2 174.6 4.4 51.7 21.5 12.6 266.7 179.3 77.2 48.5 21.3 32 3 175. 8 4.5 52 8 21.4 12.5 263.9 177.4 74.0 49.3 21.5 32 6 173.9 4.5 52 2 21.3 12.4 269. 6 182.5 78.7 49.4 21.5 32 9 179.0 4.5 51 8 21.4 13. 1 273 8 185. 3 81.6 49 3 21 6 32 8 181 9 4 5 53 4 21.4 12 9 276 1 187.5 82.9 49 9 21 8 32 9 184 0 4 6 53 5 21.3 13 0 275.8 187.9 83.5 49 6 21 9 32 9 181 4 4 6 52 9 21.3 12 8 280 0 189.9 '85.2 50 0 21 9 32 8 186 4 4 7 54 6 21.2 13 4 280 6 190.3 85.2 50 1 22 1 32 9 186 5 4 7 54 6 21.4 13 6 280 9 191.8 86.2 50 3 22 2 33 1 188 2 4 7 53 3 21.5 13 4 3.6 3.6 3.8 3.9 3.7 3.7 3.8 3.7 3.8 4.0 3.8 242.9 244.9 245.9 243.4 249.4 253 0 255 4 255 7 258 S 259 5 261 1 r 282 8 ' 193. 5 87.1 r 50 5 22 5 r 33 4 r 189 9 4 7 53 o 21.7 13 8 r 283 1 194. 6 87.8 50 6 22 7 33 5 190 9 4 8 52 2 21.9 13 8 3.9 3.9 263 3 264 2 NEW PLANT AND EQUIPMENT EXPENDITURES* All industries, quarterly total .mil. of dol._ 6,808 6,244 ' J 6 147 7 265 Manufacturing _ _ _ _ . . do r 2 747 3 156 2 820 3 367 r Mining.. __ do 228 206 229 199 r 310 Railroads ___ _ do 386 289 357 Transportation, other than rail .. . .do 372 302 r 311 335 r Public utilities.. do 928 947 904 1, 142 Commercial and other do 1,738 1,680 1,835 '1,675 r Revised. 1 Estimates for subsequent periods of 1953, based on anticipated capital expenditures of business, are shown on p. 3 of this issue of the SURVEY. tRevised series. Quarterly1 estimates of national income and product and quarterly and monthly estimates of personal income have been revised beginning 1949; see pp. 29-31 of the July 1952 SURVEY for the data. cf 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. ©Data through 1951 represent employee contributions only; thereafter, personal contributions of self-employed persons are also included. JRevised beginning 1939. Revisions for 1939 and 1945-50 appear on pp. 20 and 21 of the August 1952 SURVEY; those for 1951, oiTp. 9 of the March 1953 issue. 254680°—53- S-l
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