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BUSINESS STATISTICS Wlontki JL HE STATISTICS here are a continuation of the data published in the 1957 edition of BUSINESS STATISTICS, biennial Statistical Supplement to the SURVEY OF CURRENT BUSINESS. That volume (price $2) contains monthly (or quarterly) data for the years 1953 through 1956 and monthly averages for all years back to 1929 insofar as available; it also provides a description of each series and references to sources of monthly figures prior to 1953. Series added or significantly revised since publication of the 1957 BUSINESS STATISTICS are indicated by an asterisk (*) and a dagger (f), respectively; certain revisions for 1956 issued too late for inclusion in the aforementioned volume appear in the monthly SURVEY beginning with the July 1957 issue. Except as otherwise stated, the terms "unadjusted" and "adjusted" refer to adjustment for seasonal variation. 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. Unless otherwise stated, statistics through 1956 and descriptive notes are shown in the 1957 edition of BUSINESS STATISTICS 1958 February March April May June July 1959 DecemAugust SeptemOctober November ber ber January February March GENERAL BUSINESS INDICATORS NATIONAL INCOME AND PRODUCT Seasonally adjusted quarterly totals at annual rates:f National income, total _. .__ _ bil.ofdol 351.7 353.9 364.3 250.9 234 4 192.7 9 4 32.3 16.5 250.7 234 2 191.8 9 6 32.8 16.4 255 3 238 4 195 0 10 0 33 4 16.9 258 241 197 10 33 17 4 3 6 0 7 1 Proprietors' income, totalcf do Business and professionald" __. do Farm do Rental income of persons. __ do Corporate profits and inventory valuation adjustment, total _ _ _ _ bil.ofdol Corporate profits before tax, total do __ Corporate profits tax liability. do Corporate profits after tax do Inventorv valuation adjustment do 44 3 30.6 13 7 12. 1 45 6 30.7 14 9 12. 1 45 31 14 12 45 31 13 12 5 8 7 3 31.3 31.7 16.1 15 5 -.3 32.5 32.0 16.3 15.7 .5 38.0 37.9 19.3 18 6 Net interest do 13.0 13.1 13.2 13 3 do 427.1 430.4 439.8 453.0 Personal consumption expenditures, total do Durable goods __ _ _ _ _ _ _ _ _ do Nondurable goods do Services. ... . do 286 2 36.3 139 8 110. 1 288 3 35.6 141 4 111.3 291 36 142 112 295 38 143 113 Gross private domestic investment, total do New construction . . . do Producers' durable equipment do Change in business inventories. . _ __ do 50.9 36. 3 22 9 -8.2 50.7 34 9 22 3 -6.5 54.5 36 3 22 3 —4 2 1.7 21.9 20.2 1.7 22 4 20.8 1.7 22 8 21.2 22 1 21 7 88.3 49.7 43.7 38.6 89.7 50.7 44.1 39.1 92.0 52 2 44.5 39 9 95 54 45 41 do .__ do _ do 348.3 42.3 306. 1 351.3 42.3 309.0 358.6 43 5 315 1 359 5 43 7 315 8 Personal saving § do PERSONAL INCOME, BY SOURCE Seasonally adjusted, at annual rates :f Total personal income bil. of dol.. 19 9 20 7 23 6 19 9 Compensation of employees, total Wages and salaries, total Private ___ _ __ Military Government civilian, _ _. Supplements to wages and salaries Gross national product, total ^ do do do do do do _ Net exports of goods and services K do Exports __ _ _ do Imports _ _ _ _ . - _ do_Government purchases of goods and services, total 1 bil. of dol._ Federal (less Government sales) \ do National defense 9 do State and local _ do Personal income, total Less: Personal tax and nontax payments Equals: Disposable personal income Wage and salary disbursements, total . Commodity-producing industries, total Manufacturing only Distributive industries Service industries ._ Government . __ Other labor income Proprietors' income: Business and professional Farm ._ _ 2 5 1 9 5 9 9 3 6 61 6 38 6 23 0 o 4 2 2 3 0 347.5 348.7 349.7 351.4 353.4 i 355. 6 i 360. 1 357.2 358.7 358.2 360.7 359.9 363.0 r 365. 4 368. 6 do do do do do do do 233.2 95.6 75.4 63.4 33 2 41 0 9 0 232.6 95.3 74.9 62.9 33 3 41 1 89 232 0 95.0 74.3 62.4 33 4 41 2 89 233 1 95.6 74.6 62.6 33 4 41 5 89 235 8 96.6 75.4 63.3 33 6 42 4 89 1 242 2 97.1 75.9 63.5 33 7 i 48 o 9 0 238 5 97.7 76.5 63.6 33 8 43 4 9 1 239 4 98.4 77.4 63.6 33 9 43 5 9 2 239 0 97.7 76.5 63.7 33 9 43 7 9 2 242 0 . 100. 3 79.1 63.9 34 2 43 7 9 3 243 3 101.0 79.9 64.2 34 3 43 9 9 3 245 4 102.1 80.8 64.8 34 5 44 0 9 4 r 246 9 ' 102. 7 '81.5 '65.3 34 7 44 2 9 5 249 ft 104. 6 82.8 65. 8 34 $ 44 3 9 ^i do do 30.4 13 8 30.5 14 6 30.6 15 0 30.7 15 2 30.8 14 6 31.0 14 4 31.1 14 4 31.3 14 3 31.6 14 1 31.8 13 6 32.0 13 5 32.3 13 3 32.4 32.6 13 5 12 1 12 4 19 3 23 8 6.7 12 1 12 4 19 3 24 8 6.6 12 1 12 4 19 3 26 1 6.6 12 1 12 4 19 3 26 4 6.7 12 2 12 5 19 3 26 0 6.7 12 2 12 5 19 3 26 5 7.0 12 2 12 5 19 4 26 8 6.8 12 3 12 5 19 5 27 0 6.8 12 3 12 4 19 5 26 9 6.8 12 3 12 4 19 5 26 6 6.8 12 4 10 6 19 6 26 0 6.8 12 4 12 5 19 6 25 8 7.7 Rental income of persons do Dividends _ _ _ _ _ _ _ do Personal interest income _ - do Transfer payments do Less personal contributions for social insur.- _do Total nonagricultural income 5 1 4 2 r 13 4 12 5 12 5 19 8 r 26 1 r 7.7 do 12 *» 12 6 2() o 26 1 7.8 351 2 342 4 335. 1 1 342. 0 339 2 340 9 340 3 343 9. 330. 1 330. 5 331.0 332. 4 345 8 r348 2 r Revised. 1 Italicized total excludes and other footnoted figures include lump-sum retroactive salary payments to Federal employees; disbursements of $380 million multiplied by 12 (to put on annual rate basis) amounted to $4.6 billion. fRevised series. Estimates of national income and product and personal income have been revised back to 1946; revisions beginning 1946 appear on pp. 12 ft', of the July 1958 SURVEY. ^Includes inventory valuation adjustment. JFor data in constant dollars and revised definitions for several components, (also data back to 1950), see pp. 10 if. of the December 1958 SURVEY. 9 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. S-l