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SUEVEY OF CURRENT BUSINESS June 1968 NATIONAL INCOME AND PRODUCT TABLES 1966 1966 1967 1968 1967 IV II III IV 1966 1966 1967 1967 IV Seasonally adjusted at annual rates II III IV Seasonally adjusted at annual rates Billions of current dollars Billions of 1958 dollars Table 1.— Gross National Product in Current and Constant Dollars (1.1, 1.2) 743.3 Durable goods Nondurable goods Services Nonresidential Structures Producers' durable equipment Residential structures Nonfarm __ __ _ _ _ _ _ Farm _ __ _ _ _ Change in business inventories Nonfarm Farm 652. 6 669.3 661.1 660.7 664.7 672. 0 679. 6 689.7 495.3 501. 8 518.7 418.0 430. 1 420.4 424. 2 430.6 431. 5 434. 0 444.7 72.1 217. 5 202.1 70.6 210.3 192.9 69.4 214.2 196.6 72.5 217.2 200.0 72.7 218.5 204.1 73.8 220.3 207.7 78.4 228.1 212.1 71.3 187.7 159.1 72.1 193. 0 165. 0 71.1 188.4 160.9 69.7 191.8 162.6 72.9 193.6 164.1 72.7 192. 8 166.0 73.0 193.6 167.4 77.1 198.6 169.0 112.1 122.2 110.4 105.1 112.2 120.8 118.0 105.6 96.9 108.4 96.9 91.3 96.4 103. 0 99.5 107.0 103.7 103.3 104.6 108.4 111.6 115. 4 93.0 92.1 91.2 90.2 90.9 92.9 94.4 96.9 80.2 27.9 52.3 82.6 26.8 55.7 82.8 27.7 55.1 81.9 27.7 54.2 81.5 26.3 55.2 82.8 26.6 56.2 84.0 26.7 57.3 87.2 28.5 58.7 72.8 23.6 49.2 73.0 21.8 51.2 74.2 23.0 51.2 73.0 22.9 50.1 72.6 21.7 51.0 73.2 21.5 51.7 73.3 21.4 52.0 75.5 22. 7 52.8 24.4 23.8 .5 _ _ _ 807.3 826.7 489.7 24.4 23.9 .6 20.9 20.4 .5 21.4 20.9 .6 23.1 22.5 .6 25.6 25.0 .6 27.6 27.0 .6 28.2 27.6 .6 20.2 19.7 .5 19.1 18.6 .5 17.0 16.5 .5 17.3 16.8 .5 18.3 17.8 .5 19. 7 19.2 .4 21.0 20.6 .4 21.4 21.0 .4 13.4 13.7 — 3 Fixed investment — 791.2 480.2 104.6 Gross private domestic investment 766.3 775.1 473.8 118 0 _ 762.1 491.7 70.3 207.5 188.1 -- - 785.0 465.9 Gross national product Personal consumption expenditures 5.2 4.8 4 18.5 19.0 — 5 7.1 7.3 — 2 .5 .6 — l 3.8 3.4 4 9.2 7.7 1.5 2.7 1.8 .9 12.6 12.9 — 3 4.8 4.4 .4 17.2 17.7 —.5 6.7 6.8 — 2 .4 .5 —.1 3.5 3.2 .4 8.7 7.2 1.5 2.5 1.7 .9 5.1 Exports Imports _ _ 4.8 4.3 5.3 5.3 5.4 3.0 1.7 4.4 3.6 3.2 4.1 4.1 4.2 1.9 .6 43.0 37.9 Net exports of goods and services 45.3 40.6 44. 0 39.7 45.3 39.9 45.1 39.8 45.6 40.2 45.4 42.4 47.2 45.5 40.8 36.4 42.5 38.9 41.2 38.0 42.4 38.3 42.3 38.2 42.8 38.6 42. 5 40.7 44.3 43.7 176.3 161.7 170.4 175.0 178. 2 181.7 188.3 124.5 138.7 129.1 135.5 138.7 139.9 140.7 145.0 Federal National defense Other 77.0 60 5 16 5 89.9 72 5 17 4 81.5 65 6 15.9 87.1 70 2 16.8 89.5 72 5 17.0 90.9 73 S 17.6 92.2 74 2 18.0 96.2 76 7 19.5 64.7 74.1 67.8 72.3 74.4 75.1 74.7 77.9 State and local 77.2 86.4 80.2 83.3 85.4 87.4 89.5 92.1 59.9 64.6 61.3 63.2 64.3 64.9 66.0 67.1 Government purchases of goods and services 154 3 Table 2.—Gross National Product by Major Type of Product in Current and Constant Dollars (1.3, 1.5) / 743.3 Final sales _ Change in business inventories 785. 0 762.1 766.3 775.1 791. 2 807. 3 826.7 652.6 669. 3 661.1 660.7 664.7 672. 0 679.6 689.7 729. 9 13.4 Gross national product 779.8 5.2 743.6 18.5 759.2 7.1 774.6 .5 787.4 3.8 798.1 9.2 824.0 2.7 639.9 12.6 664.5 4.8 643.9 17.2 654.0 6.7 664.3 .4 668.5 3.5 671.0 8.7 687.2 2.5 379 6 396 0 391 7 388 1 392.1 398 7 405.2 415.2 353 7 361.4 361.1 356 6 359.5 362.9 366.5 372.5 366.2 13.4 390.8 5.2 373.2 18.5 380. 9 7.1 391.6 .5 394.9 3.8 396.0 9.2 412.5 2.7 341.0 12.6 356. 6 4.8 343. 9 17.2 349.9 6.7 359.1 .4 359.4 3.5 357.8 8.7 369.9 2.5 154.6 144.7 9.9 158.5 155.7 2.7 161.1 148.3 12.8 153.9 150.5 3.4 155.5 156.0 -.6 161.4 157 9 3.5 163.1 158. 6 4.5 166.3 165.1 1.2 150.0 140.6 9.3 150.2 147.8 2.4 154.2 142.3 11.9 146.6 143.6 3.0 148. 3 148.9 -.6 153.0 149.8 3.2 152.9 148.8 4.1 154.9 153.8 1.1 225.0 221} 5 35 237.5 235.1 25 230.6 224.9 57 234.2 230.5 3.7 236. 6 237.3 242.1 235.5 237.0 237.4 3 11 4.7 248.9 203.7 211. 2 247.4 200.4 208.8 2.4 15 33 206. 9 201.6 5.3 210.0 206.3 36 211.2 210.2 1.0 209.8 209.5 .3 213. 6 209.0 4.6 217.6 216.1 1.5 Services ._ 287 2 311 2 296 9 303 1 307.8 313 5 320.3 326.7 235 2 245.8 239 8 242 7 244.4 246.9 249. 2 251.4 Structures 76.5 77.8 73.5 75.2 75.2 79 0 81.8 84.8 63.7 62.1 60.2 61.3 60.8 62. 3 64.0 65.8 689.7 Goods output Final sales Change in business inventories _ Durable goods _ Final sales Change in business inventories _ _ _ _ _ _ _ Nondurable goods Final sales Change in business inventories Table 3.—Gross National Product by Sector in Current and Constant Dollars (1.7, 1.8) 743.3 785.0 762. 1 766.3 775.1 791.2 807.3 826.7 652.6 669.3 661.1 660.7 664.7 672.0 679.6 666 7 699 6 681 9 683 9 690.9 705 2 718 7 736.1 597 5 610 2 604 2 602 7 606.0 612.5 619.6 628.9 _ 642.4 617 6 24 8 673.6 649 6 24.0 656.9 633 0 23.9 658.7 635 1 23.6 665.3 641 9 23 3 679.0 654 6 24 4 691.4 666 6 24 8 708.8 683 8 25.0 578.9 556 4 22.4 590.5 566 4 24.1 585.1 562 7 22.4 583.6 559 9 23.7 586 6 563 0 23.6 592.7 568.4 24.2 599.2 574.4 24.7 608.7 584.4 24.3 Households and institutions 20 1 21 5 20 6 21 1 21 4 21 2 22 1 22 9 14 7 15 3 14 9 15 1 15 3 15.0 15.6 16.0 4.2 4.6 4.4 4.1 4.2 4.9 5.1 4.4 4.0 4.4 4.3 4.0 4.0 4.8 4.9 4.3 76 6 85.3 80.2 82.5- 84.2 86 0 88.6 90.6 55 0 59.1 56.9 57.9 58.7 59.6 60.0 60.8 Gross national product _ _ _ _ _ _ Private. . Business Nonfarm Farm Rest of the world General government _ ' „ •_ CURRENT BUSINESS STATISTICS JLHE STATISTICS here update series published in the 1967 edition of BUSINESS STATISTICS, biennial statistical supplement to the SURVEY OF CURRENT BUSINESS. That volume (price $2.50) provides a description of each series, references to sources of earlier figures, and historical data as follows: For all series, monthly or quarterly, 1963 through 1966 (1956-66 for major quarterly series), annually, 1939-66; for selected series, monthly or quarterly, 1947-66 (where available). Series added or significantly revised after the 1967 BUSINESS STATISTICS went to press are indicated by an asterisk (*) and a dagger (f), respectively; certain revisions for 1966 issued too late for inclusion in the 1967 volume appear in the monthly SURVEY beginning with the September 1967 issue. Also, unless otherwise noted, revised monthly data for periods not shown herein corresponding to revised annual data are available upon request. Statistics originating in Government agencies are not copyrighted and may be reprinted freely. Data from private sources are provided through the courtesy of the compilers, and are subject to their copyrights. 1965 Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS 1966 1967 Annual total 1966 1965 I II III IV I II 1968 1967 IV III II I III | IV I Seasonally adjusted quarterly totals at annual rates GENERAL BUSINESS INDICATORS—Quarterly Series NATIONAL INCOME AND PRODUCT bil. $__ 683.9 743.3 785.0 662.7 675.4 690.0 708.4 725.9 736.7 748.8 762.1 766.3 775.1 791.2 807.3 826.7 do_ __ 433.1 465.9 491.7 420.2 428.1 436.4 447.8 458.2 461.6 470.1 473.8 480 2 489 7 495.3 501. 8 518. 7 66.0 29.9 27.0 70.3 29.8 29.9 72.1 29.3 32.0 65.2 30.4 25.8 64.2 29.2 26.1 66.1 29.8 27.3 68.6 30.3 28.9 71.6 31.4 29.4 68.2 28.5 29.1 70.9 29.8 30.6 70.6 29.6 30.6 69 4 27 3 31.4 72 5 29 7 31.9 72.7 29.9 32.1 73.8 30.1 32.6 78.4 33.2 34.2 191.2 36.1 99.0 15.1 207.5 40.3 106.7 16 2 217.5 42.8 110.6 17.5 184.6 34.6 95.6 14.3 189.8 35.6 98.3 15.1 192.4 36.2 99.4 15 3 198.0 37.8 102.5 15 7 203.2 39 5 105.2 15 8 207.1 39 8 107. 0 16 2 209.5 41 0 107.3 16 3 210.3 40 8 107 2 16 6 214 2 41 5 109 3 17 1 217 2 43 2 110 1 17 5 218.5 43 7 110 9 17 5 220.3 43 1 112 2 17 8 228. 1 45. 4 115.1 18 6 do do do do 175 9 25.7 63.6 12 6 188 1 27 0 67.1 13 6 202 1 28.2 71.3 14 7 170 4 24 7 61.9 12 0 174 2 25 5 63.2 12 5 177 8 26 1 64.2 12 8 181 2 26 5 65 3 13 1 183 5 26 1 66 2 13 2 186 3 26 9 66 5 13 5 189 8 27 4 67 4 13 7 192 27 68 14 196 6 27 8 69 6 14 4 200 0 28 1 70 6 14 6 204 1 28 1 71 9 14 8 207 7 28 8 73 3 15 1 ?12 1 29 1 75.0 15 5 do 107.4 118.0 112.1 105.1 105.1 108.2 112.3 115 2 118.5 116 4 122 2 110 4 105 1 112 2 120 8 118.0 98.0 71.1 25.1 46.0 27.0 26.4 9.4 8.4 104.6 80.2 27.9 52.3 24.4 23.8 13.4 13 7 107.0 82.6 26.8 55.7 24.4 23.9 5.2 4.8 94.4 67.3 23.1 44.1 27.2 26.6 10.6 10 1 96 3 69.3 24.7 44.6 27.0 26.5 8.8 7.9 98 8 71.9 25.1 46.8 26.9 26.4 9.4 7.9 102 4 75.7 27.3 48.3 26.8 26.2 9.9 87 105 3 78.3 28.3 50.0 27 0 26.5 9.9 96 104 5 78.7 27.5 51.2 25.8 25.3 14.0 14.4 104 9 81 2 28.2 53.1 23 7 23.2 11.4 12 0 103 7 82 8 27.7 55.1 20 9 20.4 18.5 19 0 103 3 81 9 27 7 54.2 21 4 20 9 7.1 7 3 104 6 81 5 26 3 55 2 23 1 22 5 .5 6 108 4 82 8 26.6 56.2 25 6 25.0 3.8 3.4 111 6 84 0 26 7 57.3 27 6 27 0 9.2 77 115.4 87.2 28.5 58.7 28.2 27.6 2.7 1.8 6.9 39 1 32.2 5.1 43 0 37.9 4.8 45 3 40.6 6.1 35 1 28.9 8.2 40 7 32.6 7.4 40 3 32.9 6.1 40 5 34 4 6.1 42 0 36 0 5.4 42 5 37.1 4.6 43 7 39 0 4.3 44 0 39 7 5.3 45 3 39 9 5.3 45 1 39 8 5.4 45 6 40.2 3.0 45 4 42 4 1.7 47.2 45.5 Govt. purchases of goods and services, total, .do Federal do National defense do State and local _ do 136.4 66.8 50.1 69.6 154.3 77.0 60.5 77 2 176.3 89.9 72.5 86 4 131.3 64 3 48.4 66 9 133.9 65.4 49.2 68 6 138.1 67.6 50.3 70 4 142.3 69 8 52 4 72 5 146.5 72 1 55.1 74 3 151.2 74.9 58.4 76 2 157.7 79 5 63.0 78 1 161.7 81 5 65 6 80 2 170.4 87 1 70 2 83 3 175.0 89 5 72.5 85 4 178.2 90 9 73.3 87 4 181.7 92 2 74.2 89 5 188.3 96.2 76.7 92.1 By major type of product: Final sales, total Goods, total Durable goods Nondurable goods___ Services.. _ _ _ _ _ _ Structures do do do do do do 674 5 337 2 132 8 204.4 262 9 74.4 729 9 366 2 144 7 221 5 287 2 76.5 779 8 390 8 155 7 235 1 311 2 77.8 652 0 325 9 129 6 196 3 254 6 71 6 •666 5 332 8 130 0 202 9 260 1 73 6 680 6 340 2 133 9 206.3 266 0 74 4 698 5 349 9 137 9 212 0 271 0 77 6 716 0 359 6 143 2 216 4 276 6 79 9 722 6 361 7 141 6 220 1 283 5 77.4 737 4 370 3 145 8 224 5 291 6 75 5 743 6 373 2 148 3 224 9 296 9 73 5 759 2 380 9 150 5 230 5 303 1 75 2 774 6 391 6 156 0 235.5 307 8 75.2 787 4 394 9 157 9 237 0 313 5 79 0 798 1 396 0 158 6 237 4 320 3 81 8 824.0 412.5 165 1 247.4 326.7 84.8 do do do 9.4 6 7 27 13.4 99 35 5.2 2 7 2 5 10.6 8 7 20 8.8 70 18 9.4 71 23 9.9 50 49 9.9 74 2 5 14.0 9 7 43 11.4 99 15 18.5 12 8 57 7.1 34 37 .5 — 6 1i 3.8 35 3 9.2 45 4 7 2.7 1.2 1.5 601.5 609.7 620.7 634.4 645.4 649.3 654.8 661.1 660.7 664.7 672.0 679.6 689.7 389.1 394.1 400.7 4Q9.9 416.2 415. 2 420.4 424.2 430.6 431.5 434.0 444.7 72 7 192.8 166 0 73 0 193.6 167 4 77.1 198.6 169.0 Gross national product, total Personal consumption expenditures, total Durable goods, total 9 _ _ _ _ _ _ __ _ _ do Automobiles and parts do Furniture and household equipment do Nondurable goods, total? Clothing and shoes Food and beverages Gasoline and oil Services total 9 _• Household operation Housing _ _ Transportation - - do_ _ do ___do _ do _ Gross private domestic investment, total Fixed investment do NonresidentiaL _ _ _ _ _ _ _ _do Structures _ _ _do_ _ Producers' durable equipment do Residential structures _ do Nonfarm___ _ _ _ _ _do_ _ Change in business inventories do Nonfarm do Net exports of goods and services Exports Imports _ - - _ _ _ _ Change in business inventories Durable goods _ _ Nondurable goods do_ _ do do 9 7 5 0 GNP in constant (1958) dollars Gross national product, total Personal consumption expenditures, total Durable goods Nondurable goods Services Gross private domestic investment, total bil. $__ 616.7 652.6 669.3 do 398.4 418.0 430.1 do do do 66 4 178. 9 153 2 71 3 187 7 159 1 72 1 193.0 165 0 65 0 174 7 149 4 64 1 178 0 152 0 66 8 179 3 154 6 69 5 183 6 156 8 73 0 185 8 157 3 69 3 187 7 158 2 71 9 188 8 159 8 71 1 188 4 160 9 69 7 191 8 162 6 72.9 193.6 164 1 do 98.0 105. 6 96.9 95.9 95. 9 98.3 101.6 104. 0 106. 5 103.6 108. 4 96.9 91.3 96.4 103.0 99.5 92 4 69 7 22 6 9.2 94 5 71 8 22 8 9.5 93 1 71 7 21 4 13.4 93 0 73 6 19 4 10.6 91 2 74 2 17 0 17.2 90 2 73 0 17 3 6.7 90 9 72.6 18.3 .4 92 9 73 2 19.7 3.5 94.4 73.3 21.0 8.7 96.9 75.5 21.4 2.5 420.4 Fixed investment NonresidentiaLResidential structures Change in business inventories do do do do 89 1 66.0 23.2 8.8 93 0 72 8 20 2 12.6 92 1 73 0 19.1 4.8 Net exports of goods and services do 6.0 44 3.6 52 68 6 4 56 54 48 41 32 41 4.1 4.2 1.9 .6 Govt. purchases of goods and services, total do 114 3 124 5 138 7 Federal do 74 1 57 8 64 7 State and local do 56 4 64 6 59 9 r Revised. *> Preliminary. 9 Includes data not shown s sparately 111 3 56 3 55 0 112 9 57 1 55 8 115 3 58 5 56 7 117 4 59 3 58 0 119 9 61 2 58 7 122 7 63 4 59 4 126 6 66 4 60 1 129 1 67 8 61 3 135 5 72 3 63 2 138. 7 74 4 64 3 139 9 75 1 64 9 140.7 74 7 66.0 145. 0 77.9 67.1 86 6 62 9 23 7 9.3 87 9 64 5 23 4 8.0 89 6 66 7 23 0 8.7 S-l SURVEY OF CURRENT BUSINESS S-2 Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS 1965 1966 1967 Annual total 1966 1965 III June 1968 IV I II 1967 III IV I II 1968 III IV I II III GENERAL BUSINESS INDICATORS—Quarterly Series—Continued NATIONAL INCOME AND PRODUCT— Con. Quarterly Data Seasonally Adjusted at Annual Rates bil. $ 562.4 616.7 650.2 566.5 582.8 600.3 610.4 622.1 634.1 636.4 641.6 653.4 669.3 686.2 do 393.9 435.7 469.7 397.2 408.4 420.8 430.7 441.2 450.2 459.1 463.4 472.6 483.6 497.6 do do _ do do do 359.1 289.8 12.1 57.1 34.9 394.6 316.7 14.7 63.2 41.1 423.8 337.5 16.4 69.8 45.9 362. 0 292.1 12.1 57.8 35.2 372.4 300.0 13.1 59.4 36.0 381.3 306.9 13.6 60.7 39.5 390.2 313.8 14.2 62.2 40.5 399.6 320.1 15.1 64.3 41.6 407.4 326.1 15.8 65.6 42.7 414.7 331.4 16.1 67.3 44.4 418.3 333.2 16.2 68.9 45.2 426.2 339. 4 16.3 70.6 46.4 435.9 346.2 17.3 72.5 47.6 447.6 355. 9 17.6 74.0 50.0 56.7 41.9 14.8 19.0 59.3 43.2 16.1 19.4 58.4 43.6 14.8 20.1 57.2 42.0 15.2 19.1 57.8 42.5 15.3 19.2 60.0 42.8 17.1 19.2 59.3 43.3 16.0 19.3 59.2 43.3 15.9 19.4 58.6 43.4 15.1 19.6 57.8 43.2 14.6 19.8 57.8 43.4 14.3 20.0 58.8 43.8 15.0 20.2 59.3 44.1 15.2 20.4 59.9 44.4 15.5 20.6 74.9 82.2 79.6 74.9 78.7 81.1 81.3 81.9 84.6 78.1 78.3 79.2 82.7 '84.2 8.4 66.5 38.7 16.5 22.2 9.3 72.9 43.1 18.7 24.4 9.7 69.9 39.3 18.0 21.3 8.4 66.5 38.6 16.5 22.1 8.6 70.0 41.0 17.4 23.7 8.9 72.2 42.7 18.3 24.3 9.0 72.2 42.5 18.5 24.0 9.5 72.4 42.7 18.8 23.9 9.6 75.0 44.4 19.2 25.3 9.6 68.5 39.6 18.4 21.1 9.5 68.8 38.9 17.8 21.1 9.6 69.6 38.2 17.7 20.5 10.0 72.7 40.6 18.3 22.4 10.5 '73.7 41.9 19.4 22.5 11.2 16.6 11.9 18.0 12.0 18.6 11.2 16.7 12.0 17.0 11.7 17.8 12.0 17.8 11.8 17.9 12.0 18.6 11.7 17.3 11.9 18.0 12.1 19.3 12.3 19.8 12.5 19.3 76.6 31.4 45.2 19.8 25.4 -1.7 17.9 83.8 34.5 49.3 21.5 27.8 -1.6 20.2 80.7 33.2 47.5 22.8 24.7 -1.2 22.4 75.8 31.1 44.8 20.2 24.6 -.9 18.2 80.8 33.1 47.7 20.9 26.8 -2.2 18.8 83.7 34.5 49.2 21.4 27.8 -2.6 19.3 83.6 34.5 49.2 21.6 27.6 -2.3 19.8 84.0 34.6 49.4 21.6 27.8 -2.2 20.4 83.9 34.6 49.3 21.2 28.2 .7 21.1 79.0 32.5 46.5 22.2 24.2 -.8 21.6 78.9 32.5 46.5 23.1 23.4 -.7 22.1 80.0 32.9 47.1 23.4 23.6 -.8 22.7 85.1 35.0 50.1 22.4 27.6 -2.3 23.3 '88.7 '36.2 '52.5 23.2 '29.2 -4.5 23.9 do do.___ 537.8 65.6 472.2 445.0 27.2 584.0 75.2 508.8 479.0 29.8 626.4 81.7 544.7 505.9 38.7 544.6 65.2 479.4 448.5 30.9 556.1 66.7 489.4 460.1 29.3 567.8 70.4 497.5 470.9 26.6 577.3 74.1 503.3 474.6 28.7 589.3 76.9 512.4 483.2 29.2 601.6 79.6 522.0 487.4 34.6 612.9 80.2 532.7 493.9 38.8 619.1 79.1 540.0 504.0 36.0 631.0 82.8 548.2 509.6 38.5 642.5 84.7 557.9 516.2 41.6 659.0 87.5 571.5 533.5 38.0 bil $ do_ _ do do 51.96 22.45 11.40 11.05 60.63 26.99 13.99 13.00 61.66 26.69 13.70 13.00 13.41 5.73 2.91 2.82 14.95 6.72 3.48 3.24 12.77 5.61 2.87 ^2.74 15. 29 6.78 3.51 3.27 15.57 6.84 3.54 3.30 17.00 7.75 4.07 3.68 13.59 6.10 3.08 3.02 15.61 6.81 3.46 3.34 15.40 6.48 3.33 3.15 17.05 ' 14. 28 7.30 '5.79 3.82 '2.96 3.48 '2.82 Mining Railroad _ Transportation, other than rail Public utilities Communication Commercial and other do do do do do do 1.30 1.73 2.81 6.94 4.94 11.79 1.47 1.98 3.44 8.41 5.62 12.74 1.42 1.53 3.88 9.88 5.91 12.34 .32 .44 .72 1.88 1.22 3.10 .35 .46 .73 2.04 1.41 3.25 .33 .40 .75 1.60 1.26 2.83 .40 .55 1.00 2.09 1.42 3.06 .37 .48 .82 2.36 1.36 3.33 .38 .55 .86 2.36 1.58 3.52 .32 .41 .70 1.84 1.35 2.87 .34 .41 1.12 2.46 1.49 2.99 .37 .35 .98 2.66 1.46 3.09 .39 .36 1.07 2.92 1.62 3.39 Seas. adj. qtrly. totals at annual rates: All industries Manufacturing Durable goods industries^ Nondurable goods industries^ do do do do 52.75 23.00 11.75 11.25 55.35 24.15 12.45 11.70 58.00 25.60 13.15 12.45 60.10 26.80 13.85 12.95 61.25 27.55 14.35 13.20 62.80 27.75 14.50 13.25 61.65 27.85 14.20 13.70 61.50 27.00 13.75 13.25 60.90 26.15 13.50 12.65 62.70 26.00 13.50 12.55 Mining Railroad _ _ _ Transportation, other than rail Public utilities Communication Commercial and other do do do do do do 1.25 1.70 3.00 6.75 5.05 11.95 1.35 1.95 3.00 7.30 5.30 12.25 1.40 1.75 3.30 8.25 5.35 12.35 1.55 2.00 3.50 8.30 5.50 12.45 1.45 1.85 3.40 8.55 5.60 12.85 1.45 2.35 3.50 8.50 5.95 13.30 1.40 1.80 3.05 9.20 5.75 12.55 1.30 1.55 3.90 9.70 5.80 12.25 1.45 1.40 4.10 9.80 6.05 11.95 1.60 1.55 '1.55 1.50 1.35 1.40 ' 1.65 '1.30 4.75 4.45 '4.35 '3.65 10.65 ' 11. 60 ' 11. 40 10.75 6.35 6.05 12.65 ' 13. 00 '319. 00 s 19. 30 ' 10,084 ' 6, 811 '229 '1,473 '1,571 ' 10,120 '6,925 '206 '1,345 ' 1, 644 National income, total C ompensation of employees total Wages and salaries, total Private Military _ _ Government civilian Supplements to wages and salaries Proprietors' income total 9 Business and professional 9 Farm Rental income of persons do do do do Corporate profits and inventory valuation adjustment total bil $ By broad industry groups: Financial institutions do Nonfinancial corporations, total do Manufacturing total do Nondurable goods industries do Transportation, communication, and public utilities bil $ All other industries do Corporate profits before tax total Corporate profits tax liability Corporate profits after tax Dividends Undistributed profits Inventory valuation adjustment Net interest do do do do do do do , " DISPOSITION OF PERSONAL INCOME Quarterly Data Seasonally Adjusted at Annual Rates Personal income, total. Less: Personal tax and nontax payments __bil. $ do Less: Personal outlays© Equals: Personal saving§ NEW PLANT AND EQUIPMENT EXPENDITURES Unadjusted quarterly or annual totals: All industries Manufacturing. Durable goods industries^ Nondurable goods industries^ U6. 37 2 16. 73 7.02 '6.97 3.68 '3.63 3.34 '3.34 .40 '.36 '.40 .34 '.37 '.34 '.98 '1.04 1.16 2.92 '2.33 ' 2. 90 1.48 '2.96 ' 3 4. 71 34.88 ' ' ' ' 64. 90 ' 1 64. 60 2 66. 05 26. 35 ' 27. 65 28. 30 14.90 13. 65 ' 14. 45 13.40 12. 70 ' 13. 20 U.S. BALANCE OF INTERNATIONAL PAYMENTScf Quarterly Data Are Seasonally Adjusted (Credits +; debits -) Exports of goods and services (excl. transfers under military grants) mil. $ '39,197 r 43, 144 ' 45, 757 26,244 ' 29, 176 '30,468 Merchandise adjusted, excl. military do '829 r 1, 239 Military sales ___ _ _ do '830 ' 5, 894 ••6,252 ' 6, 859 Income on U.S. investments abroad do ' 6, 887 ' 7, 191 Other services do '6,229 ' 10,528 ' 10,645 ' 10,912 ' 11,059 ' 7, 188 ' 7, 179 ' 7, 369 ' 7, 440 '205 '200 '205 '219 '1,478 ' 1, 537 ' 1, 589 '1,648 ' 1, 662 T 1, 710 ' 1, 749 ' 1, 766 ' 11,371 ' 11,377 ' 11,513 ' 7, 661 ' 7, 703 7,626 '245 336 '335 ' 1, 594 ' 1, 556 ' 1, 827 ' 1, 781 ' 1, 782 ' 1, 815 ' 11,496 ' 7, 478 '323 '1,882 ' 1, 813 pll,867 •p 7,924 p306 v 1,761 v 1,876 r Imports of goods and services do___ ••-32,29 ' -38, 06 r -40, 98 ' -8, 25 '-8,62 r -9, 02 '-9,33 ' -9, 77 '-9,92 - 10,07 '-10,10 '-10,15 '-10,64 p— 11,49 Merchandise, adjusted, excl. military.. . _ _do_ _ ••-21,516 ' -25, 54 r -26, 99 '-5,56 ' -5, 78 ' -6, 036 '-6,263 '-6,56 '-6,67 ••-6,686 '-6,60£>'-6,541 ' — 7, 15 p-7,84 '-962 '-979 '-1,072 '-1,06£>'-l,09£\ '-1,10 p 1 10 ' -2, 945 r -3,736 ' -4,339 '-761 '-793 '-872 '-923 -563 '-560 ' -560 ' -575 '-598 p -650 -469 '-476 ' -479 '-556 Income on foreign investments in the U.S__do.__ -1, 729 -2, 074 r -2,293 '-430 Other services do ' -6,ioe ' -6,712 ' -7,365 ' -1,49 ' -1,58 -1, 636 ' -1,671 ' -1,69CJ ' -1,71 ' -1,760 ' -1,878\ ' -1,94C) ' -1,78 p-1,89 Unilateral transfers, net (excl. military grants); transfers to foreigners ( ) mil $ ' -2,834 -2,925 ' -3,075 '-711 '-680 '-845 '-732 '-701 '-647 '-730 ' -859 ' -845 ' -641 p -639 r Revised. v Preliminary. ©P ersonal 3utlays (jomprise personal consum ption ex penditures, interest paid by con1 sume rs, and personal t ransfer p ayments to foreigilers. Estimates for Apr.-June 1968 based on anticipate capita expendit ures of bu siness. d §Pe rsonal sa ving is e xcess of d isposabk income over per sonal outlays, 2 Estimates for July-Sept. 1968 based on antici pated ca pital exp 3nditures of busir ess. HD ata for iridividua durable and nor durable goods in dustries components appear in the Anticipated expenditures for the year 1968 are as foll( (in b l.$):Alliiidustries, 65.78; ni£inu}ws Mar., June, Se pt., and Dec. issu es of the SURVEY facturing, total, 27.63; durable goods industries, 14 40; nond urable g Dods indu stries, K1.24; cfJV lore com plete deteuls are gr/en in the> quarter y reviews in the Mar., June, Sept., and Dec. mining, 1.63; railroad, 1.44- transportation, 4.46; pu Dlic utilit ies, 11.17; commun cation, t .67; 3 issues of the S URVEY. Revised data bac k to 1960 appear MI p. 32 ff. of the June 1968 issue. commercial and other, 12.77. Includes commun cation. 9 Includes inventory valuation adjustment.