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BUSINESS STATISTICS -I 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. Data from private sources are Statistics originating in Government agencies are not copyrighted and may be reprinted freely, provided 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 1954 1953 January F ^™' March April May June July August e m f5er ~ October Novom- Doe™,- January GENERAL BUSINESS INDICATORS N A T I O N A L INCOME AND PRODUCT Seasonally adjusted quarterly totals at annual rates: National income, total . ._ . b i l . o f d o l 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 a* 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 306. 7 204 5 194.5 161 3 10.4 22.8 10.0 50.8 27.0 13 4 10.4 310.7 208.0 198 0 164.5 10.6 22.9 10 0 49 7 27 0 12.3 10 4 308. 1 210.4 200. 6 166 9 10.5 23.1 9.8 49 1 26.9 11 6 10.6 207.7 198.0 164.4 10.3 23.3 9.8 50.0 26.9 12.2 10.8 43 8 44.6 24.4 20. 3 -.8 7.6 45 2 45.9 25 0 20.8 7.7 40 7 43. 3 23 6 19 6 -2.6 79 1.0 8. 1 Gross national product, total do Personal consumption expenditures total do Durable goods., __ do_ _ _ Nondurable goods- _ ._ do __ Services do Gross private domestic investment, total bil of dol New construction _ do Producers' durable equipment _ . do Change in business inventories do N e t foreign investment _ _ _ _ _ _ _ _ do Government purchases of goods and services, total bil of dol Federal (less Government sales) do National security?-- ._ - do_ _ _ State and local __ _ __ __ do 363. 9 227 7 30.2 121.2 76 3 371 4 230.4 30.7 122. 1 77 6 369 5 231 0 30.4 121. 3 79 2 363 5 230. 0 29. 1 120 4 80 5 54 9 25 0 26.2 3 7 -2.1 58 25 26 6 —2 5 3 9 3 5 55 2 24.9 27.1 31 -2.1 48 25 26 —3 —1 83 4 58.5 51.6 24.9 85.0 60.5 53.5 24.6 85 5 60 4 52.1 25 2 85 7 59.5 50 0 26 3 Personal income, total Less: Personal tax and nontax payments "Equals: Disposable personal income Personal saving§-_ 281 6 36.2 245 4 17.7 284.4 36.7 247.7 17.2 286 8 37 0 249.8 18.8 285 9 36 6 249 3 19.3 do do do .do a 8 3 5 o 0 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 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 bil.of doL. Total nonagricultural income do 280.5 192.8 86.8 50.2 22.7 33.1 188.8 5.1 51.6 21.6 13.5 281.0 194.6 88.0 50.6 22.8 33.2 190.9 5.1 50.2 21.7 13.3 283. 6 196.2 88.8 50.9 23.2 33.3 192.4 5.1 50.7 21.9 13.7 282.7 196.6 88.8 51.0 23.4 33.4 192.8 5.1 49.4 22.0 13.6 284.7 198.0 89.3 51.7 23.5 33.5 194.2 5.1 50.0 22.1 13.5 286.3 199. 5 89.8 52.2 23.9 33.6 195.6 5.1 50.1 22.3 13.5 287.5 201.2 90.6 52.9 24.2 33.5 197.3 5.1 49.5 22.4 13.5 287.0 201.0 90.2 52.9 24.1 33.8 197.1 5.1 48.9 22.5 13.6 286.3 199.9 89.3 52.7 24.1 33.8 196.0 5.1 49.0 22.7 13.6 287.2 199.3 88.7 52.7 24.2 33.7 195.6 5.1 49.5 22.8 14.5 285. 9 198.3 87.7 52.9 24.1 33.6 194.5 5.1 50.0 22.7 13.8 ' 284. 6 ' 190. 3 ' 86. 4 r 52. 2 r 24.2 33.5 192. 5 5.1 '50.3 T 22 7 14^3 282.5 194.9 85.2 52.2 24 0 33.5 190.5 5.1 50.0 22.8 14.5 4.1 3.9 4.0 4.0 4.0 4.2 4.2 4.1 4.0 4.0 4.0 '4. 1 4.8 261.1 263.3 265. 4 265. 5 267.2 268.8 270.6 270.7 270.0 270.5 269.0 267. 2 265. 2 NEW PLANT AND EQUIPMENT EXPENDITURES r T 7 55f, All industries, quarterly total]: mil. of doL. * 6, 339 ' 7, 289 7, 098 r 2,747 Manufacturing _ _ „__ ___do _ , r 3 392 ' 3, 192 2, 945 Mining do _ _ _ 'r 225 ••234 ' 265 '288 Railroads __ _ _.do 313 * 300 ••359 r r 376 Transportation, other than rail do 337 '366 386 r T Public utilities __ __ _do r \ 946 1,158 ! '925 1.219 i r Commercial and other ...do ' 1. 792 T 9 092 1.984 i ' 1.979 r Revised. ^Includes inventory valuation adjustment. $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. {Revisions for 1952 and estimates for the first 2 quarters of 1954 (based on anticipated capital expenditures of business) appear on p. 10 of this SURVEY. r -54 4 S-l