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BUSINESS STATISTICS Wlontki J_ HE STATISTICS here are a continuation of the data published in the 1959 edition of BUSINESS STATISTICS, biennial Statistical Supplement to the SURVEY OF CURRENT BUSINESS. That volume (price $2.25) contains monthly (or quarterly) data for the years 1955 through 1958 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 1955. Series added or significantly revised since publication of the 1959 BUSINESS STATISTICS are indicated by an asterisk (*) and a dagger (f), respectively; certain revisions for 1958 issued too late for inclusion in the aforementioned volume appear in the monthly SURVEY beginning with the July 1959 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 1958 and descriptive notes are shown in the 1959 edition of BUSINESS STATISTICS 1960 February March April May June July 1961 DecemAugust SeptemOctober November ber ber January February March GENERAL BUSINESS INDICATORS NATIONAL INCOME AND PRODUCT f Seasonally adjusted quarterly totals at annual rates: f 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' income, totalcf do.-_ Business and professionalcf 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 414.4 419.4 419.3 290.2 268.7 295.0 297.2 274.9 226.0 295.2 10.1 38.8 22.3 273 2 223. 6 10 3 39.3 2? 0 48.1 36.0 12.1 12.5 48 3 36.1 12 2 12.5 48.8 35 9 12 8 12 5 45.3 45.7 22.3 23.4 — 4 42.2 41.5 20 3 21.3 .7 222.1 9.9 36.7 21.5 273 1 225. 5 10 0 37.6 21 9 46.0 35.4 10.6 12.5 48.0 48.8 23.8 25.0 — .8 do 17. 8 18.5 19 1 19 4 do 501.3 505.0 503.5 503 5 Personal consumption expenditures, total Durable goods __ Nondurable goods. Services. do do do.__ do _. 323.3 329.0 44 5 153.5 130.9 328 3 42 7 152 7 132.9 330.8 Gross private domestic investment, total New construction Producers' durable equipment Change in business inventories do do do do 79.3 40.8 27.1 11.4 75.5 40.7 29.5 5.3 70 8 40 5 29 7 6 66.0 40 3 28 7 —3 0 1.2 25.2 23.9 2.0 26 4 24.4 3.7 27 3 23.5 4 6 27 0 22 4 97.5 51.8 44.9 45.7 98.6 51.7 44.7 46.9 100 7 52 7 45 1 48.0 102 53 45 48 Gross national product, total Net exports of goods and services do.... Exports do Imports. do Government purchases of goods and services, total bil. of doL. Federal (less Government sales) .do _._ National defense? do State and local __ __ ___ do ... Personal income, total Less: Personal tax and nontax payments Equals: Disposable personal income Personal saving§ 44.2 150. 5 128.6 43 2 152 9 134.7 1 3 7 8 do do do 49.2 50.0 354.1 408.0 347.0 50.5 357 5 408 5 50.4 358 1 .do 23.7 25.2 29.2 27.2 440.5 442.2 438.0 437.0 294.8 298.3 296.9 297 6 41.2 141.3 115.2 396.2 404.2 GNP in constant (1954) dollars Gross national product, total bil. of dol. Personal consumption expenditures, total. ..do Durable goods do Nondurable goods do Services do 41.8 141.1 112.0 :::::::: - - - - - - - - 41.9 143.2 113.3 — ------ 40.2 142.3 114.4 - Gross private domestic investment, total New construction Producers' durable equipment do do do 66.2 34.0 22.4 62.8 33.8 24.2 4.8 58.6 33 6 24.4 .6 54.9 33 5 23.8 —2.4 Net exports of goods and services.. do -.1 .7 2.2 3.4 79.6 41.8 37.8 80.3 41.8 38.6 80.3 41.2 39.1 81 1 41.4 39.7 Government purchases of goods and services, total bil. of dol. . Federal ..do State and local do ' Revised. f Revised series. Estimates of national income and product and personal income have been revised back to 1957; revisions prior to the 2d quarter 1959 (and prior to May 1959 for personal income) appear on pp. 8 ff. of the July 1960 SURVEY. cf Includes inventory valuation adjustment. 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