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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

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