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BUSINESS STATISTICS JL HE STATISTICS here are a continuation of the data published in BUSINESS STATISTICS, the 1953 Statistical Supplement to the SURVEY OF CURRENT BUSINESS. That volume (price $1.50) contains monthly data for the years 1949 to 1952, 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 1949. Series added or revised since publication of the 1953 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. Statistics originating in Government agencies are not copyrighted and may be reprinted freely. Data from private sources are pro- vided through the courtesy of the compilers, and are subject to their copyrights. Unless otherwise stated, statistics through 1952 and descriptive notes are shown in the 1953 Statistical Supplement to the Survey 1955 1954 May April June July August Septem- October November ber December January Febru- I March ary Mav April GENERAL BUSINESS INDICATORS NATIONAL INCOME AND PRODUCT 1 Seasonally adjusted quarterly totals at annual rates: f National income, total bil of dol Compensation of employees total Wages and salaries total Private Military Government civilian Supplements to wages and salaries do do do do do do 299.6 298 8 302.6 206 6 194.9 161 5 208 9 197.2 163 0 9.5 9.3 23.8 11 7 207 2 195.6 161 6 9 6 24.4 11 6 24.7 11 7 24.9 12 5 49.0 25 9 12.2 10 9 48.5 25 9 11.6 10 9 48.1 26 3 11.0 10 9 49 26 12 11 34.9 34.5 17.0 17.5 33 34 16 17 —1 3 9 4 9.5 Proprietors' and rental income, total cf do Business and professional of 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 166 0 ~ 3 9 2 do 356 0 355 5 362 0 370 0 do do do do 233.1 28.8 120 0 84 3 234.8 28 9 121 1 84 8 237.7 242 33 122 86 Gross private domestic investment, total _.do New construction do Producers' durable equipment do Change in business inventories do 45.6 27 0 22.4 —3 8 45 28 21 4 49 29 21 1 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 — 1.0 78.3 51.3 44.7 27 0 285.7 286 2 32.9 253.2 18 4 Gross national product total Personal consumption expenditures, total Durable goods _ _ _ _ Nondurable goods Services Personal income, total ... Less: Personal tax and nontax payments Equals: Disposable personal income Personal saving§ 29 9 122 1 85 7 3 3 8 8 j i 9. 1 4 i 7 4 2 0 36.4 36.8 18 1 18.7 — 4 9 2 9 2 8 4 { | 212 7 200.2 i ji 0 4 1 5 5 1 7 3 53 3 30 8 21 1 13 2 8 o 75.6 47 9 42 1 27 7 74. 1 45 9 40 5 28 2 74 45 40 28 7 9 7 8 289 0 33. 1 255. 9 18 2 2Q2 32 260. 18 7 1 6 7 j do do... do do 32.9 252.9 19.7 PERSONAL INCOME, BY SOURCE Seasonally adjusted, at annual rates:f Total personal income Wage and salary disbursements, total Commodity-producing industries Distributive industries Service industries _ Government bil. of dol do do. _ ~. _ do do do Other labor income do Proprietors' arid rental income do Personal interest income and dividends do Transfer payments __ do Less personal contributions for social insurance bil. of dol. . 284.4 286. 2 286 5 285 7 285 4 286 6 286 3 289 3 291 4 291 4 292 4 r 294 6 194.3 195.0 84.2 52.3 25 2 33 3 195.5 84.0 52.5 25 5 33 5 195.7 83.4 53.1 °5 4 33 8 195. 5 82.7 52.8 25 8 34 2 195. 4 82.4 52.9 25 9 34 2 196.1 82.9 52.9 96 1 34 2 198.1 84.6 53.0 9 6 2 34 3 197.8 84.4 53.1 26 1 34 9 199.3 85.2 53.5 26 4 34 2 199.8 85.9 53.4 26 3 '•{4 2 7 48.2 24.0 15.9 6 6 49.4 24.0 15 8 6 6 49 2 24.1 15 8 6 6 47 9 24.2 15 8 6 6 48 2 24.3 15 "5 6 6 48 8 24.4 16 0 6 6 47 2 24.5 16 5 6 6 48 3 24.6 16 4 6 6 48 8 26.2 16 7 6 6 49 *> 24.7 16 5 4.6 4.6 4.7 4.5 4.7 4.6 4.6 4.7 4.7 5.2 83.7 52. 0 25.2 33. 4 6.6 6 6 40 8 24.8 5.1 201. 7 87.4 r 53.7 r 20 5 r 34 1 *J 202. 2 88.2 53.5 26 4 34 1 6 6 T 49 § 24.8 r 16 9 50 0 25. 0 16 9 5.2 5.1 Total rionagricultural income do 269. 1 •->79. 2 974 fi r 97W O •>-(] G 97(1 6 970 2 971 1 97K f\ 97 ri x. 9-1', 9 269. 7 270. 3 r Revised. t Re vised series. Quarterly estimates of national income and product have been revised back to 1939 (annual data, to 1929); quarterly and monthly estimates of personal income J 1929 (monthly revisions prior to May 1953 appear in the 1954 issue of the National Income Supplement). For quarterly data prior to 2d quarter 1953, see pp. 8 and 9 of the July 1954 Snc c? Includes inventory valuation adjustment. 9 Government sales are not deducted. § Personal saving is excess of disposable income over personal consumption expenditure? as a component of gross national product above. 345885°—55- S-l ....