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SURVEY OF CURRENT BUSINESS February 1962 11 Gross National Product 1959 Line 1960 1961 IV I II 1961 1960 1961 1960 III IV 1959 1960 1961 IV I II III IV Seasonally adjusted at annual rates 1 2 3 4 5 6 7 8 9 10 11 12 13 14 1.5 16 17 IS 19 20 22 Gross national product _ _ _ Gross private domestic investment _ New construction Producers' durable equipment .. Change in business inventories __ _ Net exports of goods and services- _ . Government purchases of goods and services _ __ _ National defense Other Less: Government salesState and local 328.9 _. , _. 1 3 4 6 Gross national product Personal consumption expenditures _ Durable goods __ Nondurable goods Services _- Gross private domestic investment New construction.. 8 9 10 11 12 13 14 15 16 17 18 19 . ._ _ Residential nonfarm _ Other Producers' durable equipment Change in business inventories Nonfarm Farm Net exports of goods and services Exports Imports Government purchases of goods and services _ _ . Federal State and local 332.3 500.8 330. 7 120.5 128.8 129.9 142.2 348.4 339.0 89.4 79.0 83.2 83.3 93.6 45.5 158.1 144.9 43.5 147.3 123.2 44.3 152.4 132.2 42.3 155. 5 141.2 12.6 43.3 33.5 8.9 35.4 34.8 10.6 37.6 35.0 9.8 37.9 35.6 13.1 44.7 35.9 72.4 69.6 16.5 -14.8 17.6 18.5 18.7 40.7 41.7 10.5 8.5 10.7 11.5 11.0 21.1 19.6 21.2 20.5 5.2 5.2 3.9 4.6 5.6 5.1 6.0 5.5 5.7 5.3 76.6 72.4 43.3 40.2 42.0 154.1 139.9 72.4 72.4 69.6 65.6 59.8 68.8 73.2 39.6 521.3 328.9 336.1 39.4 153.7 137.5 40.7 504.4 341.0 43.8 153. 1 135.4 41.7 482.8 314.0 525.8 42.3 155.5 141.2 40.7 542.2 516.1 44.3 152.4 132.2 41.3 42.7 133.0 22.3 17.9 21.1 19.6 21.2 20.5 20.5 20.2 19.3 20.4 20.6 20.7 22.1 20.6 23.0 20.3 22.3 17.9 25.9 6.3 27.5 4.2 25.7 2.2 26.7 -1.9 24.2 -4.0 24.7 2.8 26.0 4.5 28.0 5.3 25.9 6.3 27.5 4.2 25.7 2.2 7.1 -1.1 5.5 .8 6.6 .3 6.1 .9 7.5 .2 6.2 .1 4.0 .3 1.8 .3 -2.2 .3 -4.3 .3 2.4 .4 4.1 .4 5.1 .2 6.2 .1 4.0 .3 1.8 .3 -1.2 .1 .8 .1 .2 .1 .8 .1 .1 .1 3.0 4.0 5.1 5.3 3.9 2.6 4.0 -.7 3.0 4.0 1.6 1.3 1.0 .3 1.3 23.1 23. 8 26.7 23.6 27.4 23.4 27.6 22.4 27.6 22.3 26.4 22.5 27.0 24.3 28.5 24.5 23.1 23.8 26.7 23.6 27.4 23.4 7.1 5.5 6.7 5.4 6.8 5.7 6.5 6.2 7.4 6.1 97.1 100.1 108.7 101.6 105.0 107. 3 109.0 113.2 97.1 100.1 108.7 25.6 25.4 27.1 27.8 28.6 53.5 52.9 57.3 53.0 54.7 56.6 57.4 60.0 53.5 52.9 57.3 13.2 13.6 14.3 14.6 15.0 46.2 7.8 .5 45.5 8.0 .6 49.2 8.6 .6 45.7 7.9 .6 47.2 8.0 .5 48.8 8.3 .5 49.0 8.9 .6 51.7 9.0 .7 46.2 7.8 .5 45.5 8.0 .6 49.2 8.6 .6 11.3 2.0 .1 11.8 2.0 .1 12.3 2.1 .1 12.2 2.6 .1 12.8 2.3 .2 43.6 47.2 51.4 48.6 50.3 50.6 51.6 53.2 43.6 47.2 51.4 12.4 11.8 12.8 13.2 13.6 Implicit price deflators for seasonally adjusted GNP, 1954=100 GNP in billions of 1954 dollars 428.4 440.8 448.8 438.4 433.2 445.5 451.8 464.6 112.7 114.4 116.2 115.1 115.6 115.8 116.4 116.7 289.3 298.3 303.6 299.6 297.0 301.6 305.0 310.8 108.6 110.3 111.7 110.9 111.3 111.4 111.8 112.1 41.0 138.8 109.5 41.8 141.8 114.7 40.1 143.6 119.9 41.6 141.3 116.6 37.6 141.6 117.8 39.8 142.6 119.2 39.9 144.5 120.6 43.1 145.9 121.9 106.3 106.1 112.5 106.1 107.5 115.2 105.5 108.3 117.8 105.2 108.3 116.1 104.9 108.5 116.8 105.7 108.1 117.4 105.9 108.2 118.1 105.6 108.3 118.9 61.1 60.6 57.7 54.9 49.6 57.3 60.4 63.5 34.3 33.9 34.4 33.9 32.9 34.1 35.1 35.6 117.4 119.8 121.1 120.0 120.3 121.0 121.7 121.5 19.4 14.8 18.0 16.0 18.1 16.4 17.5 16.4 16.5 16.4 17.6 16.6 18.7 16.4 19.5 16.2 114.9 120.7 117.1 122.8 117.5 125.2 116.9 123.4 116.6 124.1 117.2 125. 0 118.0 125.9 117.9 125.8 21.3 5.5 22.7 4.0 21.2 2.1 22.1 -1.1 19.9 -3.2 20.3 2.9 21.4 3.9 23.1 4.7 121.5 121.5 121.4 120.8 121.6 121.5 121.5 121.0 5.6 -.0 3.8 .2 1.7 .3 -1.3 .2 -3.5 .3 2.4 .4 3.5 .4 4.5 .2 103.9 98.1 105.2 100.0 107.3 99.4 105.6 99.4 107.1 99.5 107.8 99.5 107.1 99.3 107.0 99.3 1.7 2.0 3.5 3.3 1.9 .6 2.0 22.2 24.3 55.3 23.6 25.5 23.5 26.1 22.6 25.7 22.4 24.5 22.6 25.2 24.5 26.7 24.7 80.1 80.2 85.5 80.3 83.3 84.7 85.7 88.3 121.3 124.8 127.1 126.5 126.1 126.6 127.1 128.2 43.9 36.2 42.3 38.0 44.9 40.6 41.6 38.7 43.1 40.2 44.7 40.0 45.0 40.8 46.8 41.4 122.0 120.3 125.2 124.2 127.5 126.7 127.4 125.6 127.0 125.1 126.8 126.4 127. 6 126.6 128.1 128.4 -2.1 _ 339.0 504.5 43,5 147.3 123.2 TABLE 5.— GROSS NATIONAL PRODUCT IN CONSTANT DOLLARS, AND IMPLICIT PRICE DEFLATORS (1-5, VII-3) 2 521.3 42.3 156.2 142.4 — . 7. Exports Imports Federal 504.4 40.2 Residential nonfarm Other _ Nonfarm Farm 482.8 314.0 Personal consumption expenditures Durable goods Nondurable goods Services Billions of dollars, unadjusted for seasonal variation Billions of dollars TABLE 4.— GROSS NATIONAL PRODUCT (1-3, 1-4) TABLE 6.- GROSS NATIONAL PRODUCT BY MAJOR TYPE OF PRODUCT (1-6, 1-7) Billions of 1954 dollars, seasonally adjusted at annual rates Billions of dollars seasonally adjusted at annual rates 1 Gross national product 482.8 504.4 521.3 504.5 500.8 516.1 525.8 542.2 428.4 440.8 448.8 438.4 433.2 445.5 451.8 464.6 2 3 Final sales Inventory change.. 476 5 6.3 500.2 4.2 519.1 2.2 506.4 -1.9 504.8 -4.0 513.2 2.8 521. 3 4.5 537.0 5.3 422.9 5.5 436.8 4.0 446. 7 2.1 439.5 -1.1 436.5 -3.2 442.6 2.9 447.9 3.9 549.9 4.7 250.3 244. 0 6.3 94.9 91.3 3.6 155.4 152. 8 2.6 176.2 56.2 258.5 254.3 4.2 96.7 94.3 2.5 161.8 160. 0 1.8 189.3 56.6 259. 0 256.8 2.2 92.8 92.7 .1 166.1 164.1 2.0 203. 6 58.8 252.8 254.6 -1.9 89.5 93.4 -3.8 163.2 161. 3 2.0 194. 6 57.2 245.7 249.7 -4.0 81.6 87.4 -5.8 164.1 162. 3 1.8 197.9 57.2 257.1 254.3 2.8 90.9 91.2 261.4 256. 9 4.5 96.1 92.6 3.5 165.3 164.3 1.0 205.1 59.2 271.6 266.3 5.3 102.6 99.6 3.1 168.9 166.7 2.2 210.0 60.7 228.6 223.1 5.5 82.9 79.8 3.1 145.7 143.3 2.4 151.7 48.1 234.6 230.6 4.0 84.7 82.4 2.3 150. 0 148.3 1.7 158.7 47.5 233.6 231.5 2.1 80.9 80.9 .1 152.7 150.7 2.0 166.2 48.9 228.9 230.0 -1.1 79.0 82.0 -3.0 149.8 148.0 1.9 161.6 47.9 221.9 225.2 -3.3 71.4 76.5 -5. 1 150.5 148.7 1.8 163.2 48.0 232.5 229.7 2.9 79.4 79.6 o 235. 4 231.6 3.9 83.5 80.5 3.0 151. 9 151. 0 .9 167.1 49.2 244.6 239. 8 4.7 89.4 86.8 2.6 155. 2 153.1 2.1 169.8 50.3 4 5 6 7 8 9 10 11 12 13 14 .. Goods output ._ Final sales Inventory change -_ Durable goods output . Final sales Inventory change. _. ._ ., .. Nondurable goods output . Final sales Inventory change Services Construction .. .._ o 166.2 163.0 3.2 201.1 57.9 153.2 150.0 3.1 164.7 48.3 BUSINESS STATISTICS urrent I HE STATISTICS here update series published in the 1961 edition of BUSINESS STATISTICS, biennial Statistical Supplement to the SURVEY OF Ci;RRE?s 7 T BUSINESS. That volume (price $2.00) contains data by months, or quarters, for the years 1957 through 1960 (1951-60, for major quarterly series) and averages of monthly or quarterly data for all years back to 1939; it also provides a description of each series and references to sources of earlier figures. Series added or significantly revised after the 1961 BUSINESS STATISTICS went to press are indicated by an asterisk (*) and a dagger (t), respectively; certain revisions for 1960 issued too late for inclusion in the aforementioned volume appear in the monthly SURVEY beginning with the July 1961 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 1960 and descriptive notes are shown in the 1961 edition of BUSINESS STATISTICS 1959 | 1960 | 1961 1959 I Annual total II 1960 III IV I II 1961 III IV I j II 1962 III IV Seasonally adjusted quarterly totals at annual rates GENERAL BUSINESS INDICATORS—Quarterly Series NATIONAL INCOME AND PRODUCT bil $ 399 6 417 1 430 2 390 7 405 2 399 4 402 8 413 5 419 2 419 0 416 5 412 2 426 0 434 3 __do _ 278.4 293.7 302.9 270.6 280. 0 280. 5 282.4 290.2 294. 6 296. 0 294. 0 292. 6 300. 2 306.2 312.7 Wages and salaries, total Private Military Government civilian do do do do 258.5 213 2 9 9 35 4 271.3 223 0 9.9 38 5 279 227 10 41 251.4 206 7 9 9 34 8 260. 1 215. 0 9.9 35 3 260. 3 214.8 9.9 35 7 261.9 216 0 9.8 36 1 268. 3 221. 4 9.8 37 1 272.4 224. 6 9.8 38 0 273.2 224.2 9.9 39 1 271.3 221.6 10. 0 39 7 270 1 219. 7 10.1 40.3 277.3 226. 0 10. 1 41.2 282.7 230 7 10.2 41 9 288.7 234.7 11.1 42. H Supplements to wages and salaries do 20.0 22.4 23.2 19.2 19.9 20. 2 20.5 21.9 22. 2 22. 7 22.7 22 5 22.9 23.4 24.1 46.3 35 0 11.3 11 9 48.2 36 2 12. 0 11 7 49. 6 36 5 13. 1 11 5 46.6 34 1 12.5 12 0 46.7 35.2 11.5 11.9 45. 9 35.3 10.6 11.8 46. 1 35.3 10.8 11.7 46.3 35.8 10.5 11.7 48.6 36. 4 12.3 11.7 48.7 36. 3 12.4 11.7 49. 0 36.3 12.7 11.7 48.9 36. 0 12. 9 11. 5 49 2 36. 3 12.9 11.5 49.4 36 6 12.8 11 5 50.8 37,2 13. 6 11.5 National income total Compensation of employees, total. Proprietors' income, totalcf do Business and professionald" do Farm _ __ do Rental income of persons do Corporate profits and inventory valuation adjustment, total _ bil. $ 7 8 4 5 46.4 45.1 46.2 45.3 50. 2 44.4 45. 5 47.4 45.9 44. 1 42. 9 40. 0 45.5 47.0 do do (o do 46 8 23. 1 23. 7 — 5 45 0 22.3 22 7 .0 46 1 22.8 23.3 .1 46 1 22 8 23.4 44. 8 22. 1 22 7 — .4 44. 9 22. 1 22.7 48. 1 23. 9 _ 0 51. 5 25.4 26. 1 — 1.3 — 7 46.3 23.0 23. 3 — .4 43.2 21.4 21.7 .9 42.6 21. 1 21.4 .3 39. 6 19.6 20 0 .4 45.2 22.4 22. 8 .3 47 2 23 3 23.8 o do 16. 6 18.4 20.0 16. 2 16.4 16.7 17.0 17.8 18. 3 18. 6 18.9 19.2 19. 6 20 2 20.7 do 482. S 504. 4 521.3 472 9 488. 5 482. 3 488. 3 501.5 500. 4 505. 1 504. 5 500. 8 516. 1 525 8 542. 2 Personal consumption expenditures, total do Corporate profits before tax total Corporate profits tax liability Corporate profits after tax Inventory valuation adjustment Net interest _. _ __ Gross national product, total —.3 314. 0 328. 9 339, 0 305. 8 313. 6 316.5 320. 0 323. 8 329.9 329.7 332. 3 330. 7 336. ) 341 0 348. 4 Disable goods total 0 \utoniobiles and parts Furniture and household equipment do < o do 43 5 1« i 18 9 44 3 18 6 18.8 42 3 1C) 8 18.6 41 6 17 2 18.0 44 5 19 0 18.9 44 4 18 4 19 2 43 7 17 6 19.3 44 7 45 3 10 3 19.0 43 4 17 8 18.7 43 8 39 4 14 8 17.8 49 0 16 7 18. 3 49 3 16 4 18 8 45 5 19 3 19. 1 Nondurable goods total ® Clothing and shoes Food and alcoholic beverages Gasoline and oil do do do do 147 3 27.4 78.0 13.0 152 4 28. 1 80. 1 11.0 155 5 28. 4 81.8 11.8 144 9 20 5 77.4 10 7 147 3 27.8 78.1 1 0. 9 147 7 27. 6 77.8 11. 1 149 3 27. 8 78.7 11. 1 150 5 28. 1 153 3 28. 3 80 6 11.0 152 7 2S. 3 79. 9 11 6 153 1 80. 8 11 8 153 7 07 9 81. 1 11 7 154 1 27. 0 81.4 11 7 156 9 8 81 11 ? 6 9 8 158 1 29 5 82. 7 11 8 Services, total © . . Household operation Housing Transportation _ (o do < o do 123. 2 18 1 39.9 10.0 132.2 19.6 42.2 10.5 141 21 44 10 Ii9. 4 17 5 39 3 9.5 121.9 17 8 39. 8 9. 8 124.4 18 2 40. 1 10.2 127. 0 18 9 40. 5 10. 2 128.6 131.2 lc> 5 41.9 10.5 133. 6 19 7 41>. 7 10. 5 135.4 '-"O 0 43. 1 10. 5 137. 5 '/O 6 43. 6 10.5 139.9 20 9 4 1. 2 10.7 142 4 21 l> 44 (8 10 ) 144 9 21 6 45. 5 11.0 _ _ 2 0 5 X l^ s 19. 1 78. i: 11 4 19 :> 41. 1 10. 4 18 6 18. 3 Gross private domestic in vestment, total - do. _ 72.4 72.4 69.0 70.4 79.1 68. 2 71.8 78.9 74. 6 70. 5 05 6 59.8 68. 8 73 2 76.6 New construction . do Producers' durable equipment- __ .. .. do_ _ Change in business inventories .. - do 40.2 25.9 6.3 40.7 27.5 4.2 41 7 25.7 2 2 39. 0 24.3 7.1 41.2 26. 3 11.7 41.0 26. 6 .7 39. 6 2(5 6 5.6 40. P 27 1 10.9 40. 7 28.6 5.4 40.4 27 7 2.4 40.7 26.7 39. 6 24.2 -4.0 41.3 24.7 2.8 42 7 26 0 4 5 43 3 28.0 5.3 — .7 23 1 23.8 3.0 26 7 23.6 4 0 27 4 23 4 — .6 22 1 22.7 — 1.7 2? 3 24.0 24 0 24.5 .0 24 1 24.0 1. 8 25 6 23.9 2.3 26 7 24.4 3.0 26 8 23.8 51 27 6 22 4 5 3 27 6 22.3 39 26 4 22.5 26 27 0 24 3 4 0 28 5 24 5 97.1 53.5 46.2 43 6 100.1 52.9 45.5 47 2 108.7 57.3 49.2 51 4 96.7 53. 2 45.9 43 5 97.5 53.9 46. 5 43 6 98.1 54.1 46.3 44 0 96.5 52.9 45.9 43 6 96.9 51.8 45. 5 45 0 99. 6 52.9 45. 5 46 8 101.9 54.0 45.4 48 0 101.6 53.0 45 7 48 6 105. 0 54.7 47.2 50 3 107. 3 56. 6 48.8 50 6 109 57 49 51 0 4 0 6 113 2 60. 0 51 7 53 2 476 5 244. 0 91 3 152.8 176 2 56.3 500 2 254. 3 94.3 160. 0 189.3 56.6 519 1 256. 8 92 7 164. 1 203 6 58.8 465 2 238.3 88 1 150.2 170 7 56.2 476 8 244. 6 92.4 152.2 174 2 58.1 481 6 247.1 93 6 153. 5 177 6 56.9 482 7 246. 1 90 9 155. 1 182 2 54.4 490 5 250.9 93 1 157 8 183 8 55.8 501 0 256. 9 96 3 160. 6 187 7 56 4 5Q9 7 254.8 94 2 160. 6 191 2 56.7 506 254. 93 161 194 57 4 6 4 3 6 2 504 8 249.7 87 4 1 62. 3 197 9 57 2 513 2 254.3 91 2 163.0 201 1 57 9 521 256 92 164 205 59 3 9 6 3 1 2 537 0 266' 3 99 6 166 7 210 0 60 7 6.3 36 2.6 4.2 2 5 1.8 2.2 1 2.0 7.1 5 4 1.7 11.7 88 2.9 —2 0 2.7 5 6 2 4 3.2 10.9 9 4 1.5 54 39 1.5 2 4 4 2.0 —1 9 —3 8 2.0 —4 0 —5 8 1.8 3.2 4 5 35 LO 5 3 31 2.2 Net exports of goods and services Exports Imports _ do do do Government purchases of goods and services, total bil $ Federal (less Government sales) do. __ National defense 9 _ _._ do State and local do By major type of product:* Final sales total Goods output, totaL __ _ Durable goods output Nondurable goods output... Services _ _ Construction ... ... Inventory change, total _ _ Durable goods output Nondurable goods output do do_ _. do do_ __ do _. do do do do -1.9 2 8 Q T Revised. d" Includes inventory valuation adjustment. 0 Includes data not shown separately. 9 Government sales are not deducted. *For quarterly data back to 1947, see p. 34 of the July 1961 SURVEY. s-i I SURVEY OF CURRENT BUSINESS S-2 Unless otherwise stated, statistics through 1960 and descriptive notes are shown in the 1961 edition of BUSINESS STATISTICS 1959 1961 1960 1959 I Annual total II February 1062 1961 1960 III I IV 11 III IV I II 1962 IV III I GENERAL BUSINESS INDICATORS— Quarterly Series— Continued NATIONAL INCOME AND PRODUCT— Con. Quarterly Data Seasonally Adjusted at Annual Rates GNP in constant (1954) dollars Gross national product, total bil. $ 428.4 440.8 448.8 422.1 434. 4 426. 6 430.7 441.0 443.4 440.2 438.4 433.2 445.5 451. 8 464. 6 Personal consumption expenditures, total ..do 289. 3 298.3 303.6 283.8 289.7 290.8 292.8 295.4 299.5 298.6 299. 6 297.0 301.6 305. 0 310.8 41.0 138.8 109 5 41.8 141.8 114.7 40.1 143.6 119.9 39.2 136.8 107.7 41.7 139.3 108. 8 41.6 139.2 110. 0 41.4 140.0 111.4 42.1 140. 9 112.4 42.5 142. 9 114.2 40.8 142.0 115.8 41.6 141.3 116.6 37. 6 141.6 117.8 39.8 142.6 119.2 39.9 144. 5 120.6 43.1 145.9 121.9 Durable goods Nondurable goods Services _ _. do _do___ do 61.1 60.6 57.7 59.9 66.9 57. 3 60.4 66.6 62.3 58. 6 54. 9 49.6 57.3 60.4 63. 5 New construction Producers' durable equipment Change in business inventories do do do 34.3 21.3 5.5 33.9 22.7 4.0 34.4 21.2 2.1 33.7 20.1 6. 2 35.2 21.6 10. 1 34.7 21.7 .8 33.4 21.9 5.0 34. 3 22.4 9.9 33.9 23.4 4.9 33. 6 22 7 2^3 33. 9 22.1 -1.1 32.9 19.9 -3.2 34.1 20.3 2.9 35.1 21.4 3.9 35.6 23.1 4.7 Net exports of goods and services do -2.1 1.7 2.0 9 2 -3.2 -1.9 -.9 .6 1.0 1.6 3.5 3.3 1.9 .6 2.0 80.1 43. 9 36.2 80.2 42.3 38. 0 85. 5 44.9 40. 6 80.7 44.2 36.5 81.0 44.6 36. 4 80.5 44.0 36. 5 78.4 42.7 35.8 78.4 41.7 36.7 80. 6 42.7 37.8 81.3 42.9 38.4 80.3 41.6 38.7 83.3 43.1 40.2 84.7 44.7 40.0 85.7 45.0 40.8 88.3 46. 8 41.4 383. 3 46.0 337. 3 402. 2 50.4 351.8 416. 7 51.8 364. 9 374.7 44.9 329. 8 384. 6 46.1 338. 4 385. 1 46.4 338. 7 38<v 9 46. 6 342. 3 395. 5 49.9 345. 7 403. 1 50. 5 352. 7 405.1 50. 8 354. 4 405. 4 50. 5 354. 9 404.7 50. 3 354. 3 413.2 51.4 361.8 420.3 52. 5 367.7 428. 6 53.1 375.6 23 4 22 9 25.8 23.9 24.8 22. 3 22.3 21.8 22.8 24.6 22.7 23.7 25.8 26.8 27. 1 Gross private domestic investment, total. ..do Government purchases of eoods and services, total bil. $_. Federal _.. do _. State and local do DISPOSITION OF PERSONAL INCOME Quarterly Data Seasonally Adjusted at Annual Rates Personal income, total „ _ bil. $ Less' Personal tax and nontax payments do Equals: Disposable personal income do NEW PLANT AND EQUIPMENT EXPENDITURES Unadjusted quarterly totals or averages: All industries bil. $.. 8.14 8.92 2 8. 62 6. 91 8.32 8.32 8. 99 7.89 9.28 8.98 9.53 8.61 8.65 i 9.67 -98.11 Manufacturing Durable goods industries Nondurable goods industries do ... do do 3.02 1.44 1.57 3.62 l.SO 3 . 82 3.43 1.57 1. 86 2.46 1.14 1.31 3. 02 1-45 3.02 1.44 1.58 3. 57 1.74 1.83 3. 09 1.55 1 . 54 3.76 1.88 1.88 3. 62 1.80 1.81 4.01 1.95 2. 06 3.00 1.41 1. 59 3.46 1.58 1.88 3.34 1.50 1.84 3.92 1.79 2.13 3. 17 1.45 1.72 Mining Railroads Transportation, other than rail Public utilities do do do do . 25 .23 .51 1.42 2. 72 .25 .26 .48 1.42 2.89 25 . 17 .46 1.39 2.93 .21 io .41 | 1.20 i 2.47 | .24 .26 . 26 .28 .53 .54 1.47 1.48 2. 79 I 2.74 27 .22 .55 1.51 2.87 2'^ .25 .47 1.18 2.69 .27 .29 .55 1.42 2. 99 !24 .47 1.50 2.90 .24 .25 .46 1 . 58 2.99 .21 .17 .41 1.09 2.69 .26 .18 .48 1.39 2.85 .25 .16 .47 1. 50 | 2.94 . 16 .49 1. 59 3. 24 22 .17 .40 1. 10 3.04 Seas. adj. qtrly. totals at annual rates: All industries do 30.62 32.51 | 33.35 33. 58 35.15 36.30 35. 90 35. 50 33. 85 33.50 34. 70 do do 11.20 5.26 5 ( >4 1 11.80 i 12.25 5.74 i 5.839 6 06 6 4 12.87 6. 1 6 14.10 7.15 6 95 14. 70 7.40 7 30 14.65 14.40 7.35 ! 6.85 7.30 13.75 6. 50 7. 25 13. 50 6.20 7.30 13. 65 6. 10 i 7. 55 14. 00 6.35 7. 65 14. 55 6. 70 7.85 .95 .63 1.71 5 80 10 33 .94 1.00 : 2.08 5 8'> ; 10. 87 1.01 1.04 1.28 ! .85 2.17 2.15 5 5X 5 4S 1 1 . 06 11.19 1 . 00 1 . 00 2. 00 1 . 05 1.10 2.15 11.35 1L60 1.00 i 1 . 00 i 1 . 90 5. 60 11.75 .90 1.00 1.80 5. 70 11.65 .95 . 70 1.75 5. 35 11.30 1.00 .70 1.80 5. 50 11.05 1.00 .65 1.90 5. 65 11. 85 1.00 . 60 1.90 5. 70 12.65 1.00 . 70 1.80 5. 50 12. 90 4.635 4,655 4.670 4, 690 4. 710 4, 725 4, 730 4, 740 4,755 4, 770 4, 780 Manufacturing Durable goods industries Mining do |- Railroads do i _ __ Transportation other than rail do ' Public utilities' do ! Commercial and other do BUSINESS POPULATION Firms in operation, end of quarter (seasonally ad- :! justed) _ _ _ -thous - 4, 583 U.S. BALANCE OF INTERNATIONAL PAYMENTS^ Quarterly Data are Seasonally Adjusted I S payments recorded mil $ 3 4, 660 34,717 i ! ' ; 4,615 <\ 71 ! 29, 743 31,412 7. 034 ; 7. 474 7, 565 7. 670 7, 567 7, 690 7,941 1 8.214 7. 768 7,330 ! 8, 033 15.294 3, 109 5 134 791 3. 040 14,722 3, 048 5 557 848 3.381 3, 974 786 1,303 214 746 3. 858 7o4 1.337 206 760 3, 830 /o6 1,438 213 843 3,674 / 98 1.402 207 775 3. 433 3, 394 1,373 198 750 1,344 230 1.013 1,366 210 1 , 000 3, 400 761 1 361 221 822 do do do do 2. 375 1,372 926 77 3, 856 1,694 850 1.312 3, 601 1 3. 861 789 780 1 222 1,272 184 187 741 793 | i 454 624 347 337 206 280 -89 -3 3, 785 ! do do do 542 326 205 11 755 362 158 694 344 194 156 610 260 267 83 1, 085 406 145 534 1.467 684 244 539 1.039 500 -20 559 do 25, 472 28, 131 6,109 6, 137 6. 495 6.731 6.914 7,069 7,041 7.107 7.447 765 330 320 115 1 7, 987 Exports: M erchandise Services and military sales Repayments on U.S. Govt. loans Foreign capital other than liquid funds do do do do 16,282 19,409 7. 427 7. 891 1,054 631 200 709 1 3. 866 1,819 307 117 3, 924 1,793 158 262 4. 299 1.856 159 181 4. 193 1,959 430 149 4. 650 1.915 1 168 181 4,837 1,991 148 93 4, 927 1.927 170 17 4, 995 2. 058 145 -91 5, 054 2. 062 132 199 4,763 2, 119 830 275 4. 945 2. 020 80 K \cess of recorded receipts or payments ( — ) do -4,271 -3, 281 -925 -939 -653 -621 -900 -1.107 -321 657 -984 271 33 -142 -212 [in ports: Merchandise _ _ _ _ Ot'ier Service^ Remittances and pensions (}{)\t. grants and capital outflows . _ I" 8 private capital Direct investments Long-term portfolio Short term U.S. receipts, recorded Unrecorded transactions Total net receipts (-f~) or payments ( — ) Minor special transactions _do___ -do do do 528 -648 —3 743 !— 3 929 335 -524 84 -1,337 -1.070 276 -103 j -841 -1.061 -1.173 150 100 -668 9R5 -620 1 -327 -25 -763 -1,112 -1.434 -346 80 — 444 -409 248 i 35. 90 2 36. 50 3, 852 725 1, 451 211 1.014 780 113 138 229 7. 049 125 —859 724 -991 -961 -1.173 ! -953 -620 ! -683 -1,112 ! -990 -346 -784 -476 Total, excluding special transactions do. _ _ -4, 078 -3, 405 3 r Unadjusted. Data represent firms in operation as of Jan. 1. Revised. i Estimates for Oct.-Dec. 1961 based on anticipated capital expenditures of business. § Personal saving is excess of disposable income over personal consumption expenditures shown as a component of gross national product on p. S-l. • Estimates for Jan.-Mar. 1962 based on anticipated capital expenditures of business. Anticipated expenditures for the year 1961, and comparative data for 1959-60 appear on p. 6 INote change in presentation; unadjusted data, as well as adjusted data for earlier periods, the December 1961 SURVEY. appear in the March, June, September, and December issues of the SURVEY (front section). Digitized forofFRASER