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BUSINESS STATISTICS Wlontki A 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 (t), 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 arid may be reprinted freely. vided through the courtesy of the compilers, and are subject to their copyrights. Data from private sources are pro- 1953 1952 Unless otherwise stated, statistics through 1950 and descriptive notes are shown in the 1951 Statistical Supplement to the Survey F aryU~ March April May June July September August November October December January *»£»• GENERAL BUSINESS INDICATORS NATIONAL INCOME AND PRODUCT t 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 c? - 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 Gross national product, total do Personal consumption expendit ures,total_do. 1 hirable goods do Nondurable goods _ do ^er vices 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 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 » 300. 2 197 9 188.2 155.3 9.3 52 5 27 5 15 2 98 96 53. 6 28.2 15 5 10.0 42.7 42.7 24.3 18.4 — .1 6.7 39.9 38.2 21.8 16.4 1.7 6.9 37 8 37.2 21.2 16.0 .6 7.1 p 41 5 * 40. 3 * 23 0 f> 17.3 1.2 7.2 339. 7 213.2 25.2 118.0 70.0 50.0 23.7 25.7 .6 2.2 342. 6 214. 9 26.4 117. 8 70.8 49 3 23.6 25.7 .I .4 343.0 215 0 24.2 118.9 71 9 51 7 23.0 25 0 3.7 —1.6 360.1 222. 0 27.3 121.4 73.3 57 3 23.7 25.6 8.1 74.4 51.2 46.4 23.2 78.0 54 9 50. 3 23 0 77 Q 80.6 56.6 50.4 24.0 288.0 186.5 177.4 145.8 10.0 21.7 9.0 52.1 27.3 15 4 9.4 ! ! Personal income, total do Less: Personal tax and nontax payrnents.-.do Equals* Disposable personal income do Personal savin g§ do . i 54 8 49 6 23 1 ! 264 4 33 6 230.8 1 15. 9 263 0 33 5 ! 229.5 16.3 9 ; i 9fi8 q 277 0 34.6 242.5 20. 5 34.1 234.8 19.8 PERSONAL INCOME, BY SOURCE! 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 salarv receipts, total do Other labor income .__ . _ . . d o _ _ _ Proprietors' and rental income do Personal interest income and dividends. .do Transfer pavnwnt^ do Less personal contributions for social insurance O bil. of dol.. Total nonagricultural income do 263 5 178.0 78.2 47.1 20.9 31.8 174.5 4.3 52. 1 20.5 12.4 261.9 177.3 77.7 47.0 20.8 31.8 173. 9 4.3 50.7 21.0 12.4 262.5 176.7 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 32.9 184.4 4.6 52.9 21.3 12.8 280.0 189.9 85.4 50.0 21.9 32.8 186.4 4.7 54.6 21.2 13.4 3.8 3.8 3.6 3. 6 3.8 39 3.7 3.7 3.8 3.7 3.8 243.4 242.7 242.9 244.9 245. 9 243.4 249.4 253, 0 255. 4 255. 7 258. S ' 280. 6 190.3 '85.2 '50.1 22.1 '32.9 ' 186. 5 4.7 '54.6 '21.4 13.6 4.0 ' 259. 5 280.4 190. 9 85.6 50.3 22.1 32.9 187.4 4.7 53.7 21.5 13.4 3.8 260.5 NEW PLANT AJND EQUIPMENT EXPENDITURES? r 1 ' 6. 141 ' 6. 808 All industries, quarterlv total . mil. ofdol.. ' 6, 244 7 265 6, 541 r T 3 3(}7 '3.156 ! i '2.650 Manufacturing . do 2 820 i 3,1 028 r r 228 Mining do 217 '206 ••229 208 r r r 357 Railroads do. 386 ' 360 289 1335 r 335 r 356 Transportation other than rail do rr 302 "372 1304 r T 928 Public utilities do i r ' 821 947 1 142 i 1, 030 r : 1 T 1 835 } . 738 j r 1 680 Commercial and other.. - . .. ... .. do. __ .. . 1, 737 1, 636 r l Revised. * Preliminary. Estimates for January-lV arch 1953 1">ased on anticipated capital expenditures of business, t Revised seru-s. Quarterly estimates of national income arid product arid quarterly and monthly estimates of personal income have been revised beginning 1949; see pp. 29-31 o f the July 1952 SURVEY for the data. c? Includes inventory valuation a<ljustment. 9 Government sales are riot deducted. § Personal saving is excess of disposable income over personal consumption expenditures shown as a component of gross national prod uct above, OData through 1951 represent employee contributions only; thereafter, personal contributions of self-employed persons are also included. {Revised beginning 1939. Revisi ons for 193 0 and 1945-50 appear on pp. 20 and 21 of the August 1952 SURVEY; those for 1951, on~p. 9 of this issue.