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SURVEY OF CURRENT BUSINESS

March 1968

NATIONAL INCOME AND PRODUCT TABLES
1966
1966

1967

III

II

IV

1967

1966

1967

III

IV

1966

1967

III

II

IV

III

IV

Seasonally adjusted at annual rates

Seasonally adjusted at annual rates

Billions of 1958 dollars

Billions of current dollars
Table 3.—Gross National Product in Current and Constant Dollars (1.1, 1.2)
743 3

Fixed investment

762 1

766 3

775 1

791 2

807 3

652 6

669 3

654 8

661 1

660 7

664.7

672.0

679.6

470 1

473 g

480 2

489.7

495 3

501.8

418 0

430.1

420.4

420.4

424.2

430.6

431.5

434.0

72 1
217 5
202 1

70 9
209 5
189 8

70 6
210 3
192 9

69 4
214 2
196 6

72 5
217 2
200 0

72 7
218. 5
204 1

73 8
220.3
207 7

71.3
187.7
159 1

72.1
193.0
165 0

71.9
188.8
159 8

71.1
188.4
160.9

69.7
191.8
162.6

72.9
193.6
164.1

72.7
192.8
166.0

73.0
193.6
167.4

118 0

Gross private domestic investment

748 8

491 7

70 3
207 5
188 1

Durable goods.. _
Nondurable goods
Services

785 0

465 9

Gross national product
Personal consumption expenditures _.

112 1 116 4

122 2

110 4

105.1

112 2

120.8

105 6

96.9

103.6

108.4

96.9

91.3

96.4

103.0

108 4

111 6

93 0

92.1

93.0

91.2

90.2

90.9

92.9

94.4

73 6
23.7
49.9

74.2
23.0
51.2

73.0
22.9
50.1

72.6
21.7
51.0

73.2
21.5
51.7

73.3
21.4
52.0

104 6

107 0

104 9

103 7

103 3

104 6

Nonresidential _
Structures.. _ _
Producers' durable equipment-

80 2
27 9
52 3

82 6
26 8
55 7

81 2
28 2
53 1

82 8
27 7
55 1

81 9
27 7
54 2

81 5
26 3
55 2

82 8
26 6
56 2

84 0
26 7
57.3

72 8
23 6
49 2

73 0
21.8
51.2

Residential structures
Nonfarm
_ _
Farm

24 4
23 8
5

24 4
23 9
g

23 7
5

20 9
20 4
5

21 4
20 9

23 1
22 5

13 4
13 7
— 3

52
48
4

11 4
12 0
— 5

18 5
19 0
— 5

_

Change in business inventories
Nonfarm
Farm_._ _ __

oo o

25 6
25 0

Q

Q

27 6
27.0
6

20 2
19 7
5

19.1
18.6
5

19.4
19.0
5

17.0
16.5
.5

17.3
16.8
.5

18.3
17.8
.5

19.7
19.2
.4

21.0
20.6
.4

71
73
— 2

5
6
— 1

38
34
4

9.2
77
15

12 6
12 9
— 3

4.8
4 4
.4

10.6
11.1
K

17.2
17.7
—.5

6.7
6.8
-.2

.4
.5
—.1

3.5
3.2
.4

8.7
7.2
1.5

Q

_ __ _

Exports
Imports
Government purchases of goods and services
Federal
National defense
Other ._

51

4 8

4 6

3.0

4 4

3.6

4.1

3.2

4.1

4.1

4.2

1.9

43 7
39 0

53
45 3
39*9

5.4

45 3
40 6

4.3
44 o
39 7

5.3

43 0
37 9

Net exports of goods and services

45 1
39 8

45 6
40 2

45 4
42 4

40 8
36 4

42 5
38 9

41 4
37.3

41.2
38.0

42.4
38.3

42.3
OQ 2

42.8
38.6

42.5
40.7

154 3

176 3

157 7

161 7

170 4

175.0

178 2

181.7

124 5

138.7

126.6

129.1

135. 5

138.7

139.9

140.7

87 1
70 2
16 8

89 5
72 5
17 0

90 9
73.3
17 6

92 2
74.2
18 0

64 7

74.1

66.4

67.8

72.3

74.4

75.1

74.7

83 3

85 4

87 4

89 5

59 9

64.6

60.1

61.3

63.2

64.3

64.9

66.0

77 o
60 5
16 5

State and local

79 5
63 0
16 6

77 2

_ _

89 9
72 5
17 4

81 5
65 6
15 9

86 4

78 1

80 2

Table 2.—Gross National Product by Major Type of Product in Current and Constant Dollars (1.3, 1.5)
743 3

Goods output.

Durable goods
.
Final sales
_
Change in business inventories
Nondurable goods
Final sales
Change in business inventories
Services
Structures

._

775 1

791 2

807.3

652 6

669.3

654.8

661.1

660.7

664.7

672.0

679.6

779 8
52

737 4
11 4

743 6
18 5

759 2
71

774 6
5

787 4
38

798.1
9.2

639 9
12.6

664.5
4.8

644.2
10.6

643.9
17.2

654.0
6.7

664.3
.4

668.5
3.5

671.0
8.7

396 0

381 8

391 7

388 1

392 1

398 7

405.2

353 7

361.4

354.7

361.1

356.6

359.5

362.9

366.5

366 2
13 4

_ _

766 3

390 8
52

370 3
11 4

373 2
18 5

380 9 391 6
5
71

394 9
38

396 0
9.2

341 0
12 6

356 6
4.8

344.1
10.6

343.9
17.2

349.9
6.7

359.1
.4

359.4
3.5

357.8
8.7

154 6
144 7
99

158 5
155 7
2 7

155 7
145 8
99

161 1
148.3
12 8

153.9
150.5
34

155.5
156.0
— 6

161.4
157.9
35

163.1
158.6
45

150.0
140.6
9.3

150.2
147.8
2.4

150.8
141.6
9.2

154.2
142.3
11.9

146.6
143.6
3.0

148.3
148.9
-.6

153.0
149.8
3.2

152.9
148.8
4.1

225 0
221 5
35

237 5
235 1
25

226 1 230 6
224 5 224 9
15
57

234 2
230 5
37

236 6 237 3
235 5 237 0
11
3

242.1
237 4
4.7

203.7
200 4
3.3

211.2
208 8
2.4

203.9
202.5
1.4

206.9
201.6
5.3

210.0
206.3
3.6

211.2
210.2
1.0

209.8
209.5
.3

213. 6
209.0
4.6

311 2

291 6

296 9

303 1

307 8

313 5

320.3

235 2

245.8

237.9

239.8

242.7

244.4

246. 9

249.2

76 5

___

762 1

287 2

__

Final sales
Change in business inventories

748 8

379 6

Final sales
Change in business inventories _

785 0

729 9
13 4

Gross national product

77 8

75 5

73 5

75 2

75.2

79 o

81.8

63.7

62.1

62.2

60.2

61.3

60.8

62.3

64. p

Table 3.—Gross National Product by Sector in Current and Constant Dollars (1.7, 1.8)

Business
Nonfarm
Farm

_ _ _ _

Households and institutions

743 3

785 0

748 8

762 1

766 3

775.1

791 2

807.3

652.6

669.3

654.8

661.1

660.7

664.7

672.0

679.6

666 7

Gross national product
Private

699 6

670 6

681 9

683 9

690 9

705 2

718 7

597 5

610 2

599 0

604 2

602.7

606.0

612.5

619.6

642 4
617 6
24 8

673 6
649 6
24 0

646 2
621 6
24 6

656 9
633 0
23 9

658 7
635 1
23 6

665 3
641 9
23 3

679 0
654 6
24 4

691 4
666 6
24 8

578 9
556 4
22 4

590 5
566.4
24 1

580 2
558.0
22 2

585.1
562.7
22.4

583.6
559.9
23.7

586.6
563.0
23.6

592.7
568.4
24.2

599.2
574.4
24.7
15.6

20 1

21 5

20 3

20 6

21 1

21 4

21 2

22 1

14 7

15 3

14.8

14.9

15.1

15.3

15.0

Best of the world

4 2

4 6

41

4 4

41

4 2

49

5. 1

40

4.4

4.0

4.3

4.0

4.0

4.8

4.9

General government.

76 6

85 3

78 2

80 2

82 5

84 2

86 0

88 6

55 0

59 1

55 8

56.9

57.9

58.7

59.6

60.0




CURRENT BUSINESS STATISTICS

JLHE STATISTICS here update series published in the 1967 edition of BUSINESS STATISTICS, biennial statistical supplement to the SURVEY
OF CURRENT BUSINESS. That volume (price $2.50) provides a description of each series, references to sources of earlier figures, and historical data
as follows: For all series, monthly or quarterly, 1963 through 1966 (1956-66 for major quarterly series), annually, 1939-66; for selected series,
monthly or quarterly, 1947-66 (where available). Series added or significantly revised after the 1967 BUSINESS STATISTICS went to press are indicated
by an asterisk (*) and a dagger (f), respectively; certain revisions for 1966 issued too late for inclusion in the 1967 volume appear in the monthly
SURVEY beginning with the September 1967 issue. Also, unless otherwise noted, revised monthly data for periods not shown herein corresponding
to revised annual data are available upon request.
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.
1965
Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

1966

1967

1964
IV

Annual total

1965
I

II

1967

1966

III

IV

I

II

III

IV

I

|

II

| III

IV

Seasonally adjusted quarterly totals at annual rates

GENERAL BUSINESS INDICATORS—Quarterly Series
NATIONAL INCOME AND PRODUCT
Gross national product, total

bil. $

683.9

743 3

785 0

645 1

662 7

675 4

690 0

708 4

725 9

736 7

748 8

762 1

766 3

775 1

791 2

807.3

do__

433.1

465.9

491.7

408.9

420.2

428.1

436.4

447.8

458.2

461 6

470 1

473.8

480 2

489.7

495. 3

501.8

66.0
29 9
27.0

70.3
29 8
29.9

72. 1
29 3
32 0

58.7
24 6
25.6

65 2
30 4
25 8

64.2
29 2
26.1

66.1
29 8
27.3

68.6
30 3
28 9

71 6
31 4
29 4

68 2
28 5
29 1

70 9
29 8
30 6

70 6
29 6
30 6

69 4
27 3
31 4

72 5
29 7
31 9

72.7
29 9
32 1

73.8
30 1
32.6

do
do
do
do

191.2
36.1
99.0
15 1

207.5
40.3
106.7
16 2

217.5
42 8
110 6
17 5

182.9
34.5
95.1
14 3

184.6
34 6
95 6
14 3

189.8
35.6
98.3
15 1

192.4
36 2
99.4
15 3

198.0
37 8
102.5
15 7

203.2
39 5
105 2
15 8

207.1
39 8
107 0
16 2

209.5
41 0
107 3
16 3

210.3
40 8
107 2
16 6

214.2
41 5
109 3
17 1

217.2
43 2
110 1
17 5

218.5
43 7
110. 9
17 5

220.3
43.1
112.2
17 8

do
do
do
do

175 9
25 7
63.6
12 6

188 1
27 0
67.1
13 6

202 1
28 2
71 3
14 7

167 3
24 5
60.8
11 8

170 4
24 7
61 9
12 0

174
25
63
12

177
26
64
12

181 2
26 5
65 3
13 1

183 5
26 1
66 2
13 2

186 3
26 9
66 5
13 5

189 8
27 4
67 4
13 7

192
27
68
14

196 6
27 8
69 6
14 4

200 0
28* 1
70 6
14 6

204 1
28 1
71 9
14 8

207 7
28 8
73.3
15 1

Gross private domestic investment, total..- do

112 3

115 2

118 5

116 4

122 2

110 4

105 1

112 2

120 8

102
75
27
48
26
26
9
8

4
7
3
3
8
2
9
7

105 3
78 3
28 3
50 0
27 0
26 5
99
96

104 5
78 7
27 5
51 2
25 8
25 3
14 0
14 4

104 9
81 2
28 2
53 1
23 7
23 2
11 4
12 0

103 7
82 8
27 7
55 1
20 9
20 4
18 5
19 0

103 3
81 9
27 7
54 2
21 4
20 9
7i
73

104 6
81 5
26 3
55 2
23.1
22 5
5
.6

108 4
82 8
26 6
56 2
25.6
25 0
38
3.4

111 6
84 0
26 7
57 3
27.6
27 0
9.2
7.7

6.1
40 5
34 4

6.1
42 0
36 0

5.4
42 5
37 1

4.6
43 7

5.3
45 3
39 9

5.3
45 1
39 8

5.4
45.6
40 2

3.0
45.4
42 4

Personal consumption expenditures, total

Durable goods, total 9 -__ _
_ _ _ _ _ do
Automobiles and parts
do
Furniture and household equipment
do
Nondurable goods, total?
Clothing and shoes _
Food and beverages
Gasoline and oil
Services total 9
Household operation
Housing___
__
Transportation

_ _
_

_

_

2
5
2
5

8
1
2
8

9
7
5
0

107.4

118.0

112 1

97.9

105 1

105 1

108 2

do
do
do
do
do.
do
do
do

98 0
71 1
25 1
46 0
27.0
26 4
9 4
8.4

104 6
80 2
27 9
52 3
24.4
23 8
13 4
13.7

107 0
82 6
26 8
55 7
24 4
23 9
52
4 8

90 2
63 4
21 8
41 6
26.8
26 3
77
8.1

94 4
67 3
23 1
44 1
27 2
26 6
10 6
10 1

96 3
69 3
24 7
44 6
27 0
26 5
88
79

98 8
71 9
25 1
46 8
26 9
26 4
9 4
79

do
do
do

6.9
39 1
32 2

5.1
43 0
37 9

4.8
45 3
40 6

8.5
38 3
29 8

6.1
35 1
28 9

8.2
40 7
32 6

7.4
40 3
32 9

39' o

4.3
44 0
39 7

Govt. purchases of goods and services, total do
Federal
do
National defense
_
do
State and local
do

136.4
66 8
50 1
69.6

154 3
77 0
60 5
77.2

176
89
72
86

3
9
5
4

129.8
64 5
48 9
65.3

131 3
64 3
48 4
66 9

133 9
65 4
49 2
68 6

138 1
67 6
50 3
70 4

142
69
52
72

3
8
4
5

146 5
72 1
55 1
74 3

151 2
74 9
58 4
76 2

157 7
79 5
63 0
78 1

161 7
81 5
65 6
80 2

170 4
87 1
70 2
83 3

175.0
89 5
72 5
85.4

178.2
90 9
73 3
87.4

181.7
92 2
74.2
89.5

By major type of product:
Final sales, total
Goods, total
_
Durable goods.
Nondurable goods
Services
Structures
•_ _

do
do
do
do
do
do

674 5
337 2
132.8
204 4
262 9
74 4

729
366
144
221
287
76

9
2
7
5
2
5

779 8
390 8
155 7
235 1
311 2
77 8

637 4
317 9
123 3
194 7
250 1
69 3

652 0
325 9
129 6
196 3
254 6
71 6

666 5
332 8
130 0
202 9
260 1
73 6

680 6
340 2
133 9
206 3
266 0
74 4

698 5
349 9
137 9
212 0
271 0
77' 6

716 0
359 6
143 2
216 4
276 6
79*9

722 6
361 7
141 6
220 1
933 5
77 4

737 4
370 3
145 8
224 5
291 6
75 5

743
373
148
224
296
73

6
2
3
9
9
5

759 2
380 9
150 5
230 5
303 1
75 2

774 6
391 6
156 0
235 5
307 8
75 2

787 4
394 9
157. 9
237 0
313 5
79 0

798 1
396 0
158.6
237 4
320 3
81.8

do
do
do

9.4
6 7
2.7

13 4
99
35

52
2 7
2 5

7.7
4 5
32

10 6
8 7
2 0

88
70
18

9 4
71
2 3

99
50
49

99
74
2 5

14 0
9 7
4 3

11 4
99
15

18 5
12 8
57

71
34
37

.5
— 6
1.1

3.8
35
.3

9.2
45
4.7

616.7

652.6

669.3

588.5

601. 5

609.7

620.7

634.4

645.4

649.3

654.8

661.1

660.7

664.7

672.0

679.6

398.4

418.0

430.1

379.3

389. 1

394.1

400.7

409.9

416.2

415. 2

420.4

420.4

424.2

430. 6

431.5

434.0

66 4
178 9
153 2

71 3
187 7
159 1

72 1
193 0
165 0

58 7
173 5
147 1

65 0
174 7
149 4

64 1
178 0
152 0

66 8
179 3
154 6

69 5
183 6
156 8

73 0
185 8
157 3

69 3
187 7
158 2

71 9
188 8
159 8

71 1
188 4
160 9

69 7
191 8
162 6

72.9
193.6
164.1

72 7
192.8
166.0

73. 0
193.6
167.4

Fixed investment._
_
Nonresidential
Structures
Producers' durable equipment
Residential structures. _ _
Nonfarm
Change in business inventories
_
_
Nonfarm
__
__ ___
Net exports of goods and services
Exports
- ._ _
_
_
Imports

_

___ _ _ _ _ _

Change in business inventories..
Durable goods
Nondurable goods

__

GNP in constant (1958) dollars
Gross national product, total

bil. $__

Personal consumption expenditures, total. __ .do
Durable goods. _ _
Nondurable goods.
Services

do
do
do

Gross private domestic investment, total

do

98.0

105.6

96.9

90.8

95.9

95.9

98.3

101.6

104.0

106.5

103.6

108.4

96.9

91.3

96.4

103.0

do
do
do
do

89 1
66 0
23 2
8.8

93 0
72 8
20 2
12.6

92 1
73 0
19 1
4.8

83 2
59 7
23 5
7.6

86 6
62 9
23 7
9.3

87 9
64 5
23 4
8.0

89 6

92 4
69 7
22 6
9.2

94 5
71 8
22 8
9.5

93 1
71 7
21 4
13. 4

93 0
73 6
19 4
10.6

91 2
74 2
17 0
17.2

90 2
73 0
17 3
6.7

90 9
72.6
18.3
.4

92 9
73.2
19.7
3.5

94 4
73.3
21.0
8.7

do

60

4 4

36

79

52

68

6 4

56

54

4 8

41

32

41

4.1

4.2

i.(i

Govt. purchases of goods and services, total .do114.3
124.5 138.7
Federal
do
57 8
64 7
74 1
State and local
do
56.4
59 9
64 6
r
Revised.
p Preliminary.
9 Includes data not shown sc,parately

110.5
56 7
53 8

111.3
56 3
55 0

112.9
57 1
55 8

115.3
58 5
56 7

117. 4
59 3
58 0

119. 9
61 2
58 7

122.7
63 4
59 4

126.6
66 4
60 1

129. 1
67 8
61.3

135. 5
72 3
63 2

138.7
74 4
64.3

139.9
75 1
64.9

140.7
74 7
66.0

Fixed investment-.
Nonresidential...
_
Residential structures
Change in business inventories
Net exports of goods and services.—




_

23 0
8.7

S-l

SURVEY OF CUEKENT BUSINESS

S-2

1966 | 1967
Unless otherwise stated, statistics through 1966 1965
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS
Annual total

1965
II

III

March 1968

IV

I

II

1968

1967

1966
III

IV

III

II

I

IV

I

II

GENERAL BUSINESS INDICATORS—Quarterly Series—Continued
NATIONAL INCOME AND PRODUCT— Con.
Quarterly Data Seasonally Adjusted at Annual Rates
National income total

bil $

Compensation of employees total

do

435.7

p 650. 3

555.3

566.5

582.8

600.3

610.4

622.1

634.1

636.4

641.6

469.7

388.6

397.2

408.4

420.8

430.7

441.2

450.2

459.1

463.4

472.6

483.6

362.0
292.1
12.1
57.8
35.2

372.4
300.0
13.1
59.4
36.0

381.3
306.9
13.6
60.7
39.5

390.2
313.8
14.2
62.2
40.5

399.6
320.1
15.1
64.3
41.6

407.4
326.1
15.8
65.6
42.7

414.7
331. 4
16.1
67.3
44.4

418.3
333.2
16.2
68.9
45.2

426.2
339.4
16.3
70.6
46.4

435.9
346.2
17.3
72.5
47.6

653.4 p 669. 6

do
do
do
do
do

359.1
289.8
12.1
57.1
34.9

394.6
316.7
14.7
63.2
41.1

423.8
337.5
16.4
69.8
45.9

do
do
do
do

56.7
41.9
14. 8
19.0

59.3
43.2
16.1
19.4

58.4
43.6
14.8
20.1

56.7
41.7
15.0
18.9

57.2
42.0
15.2
19.1

57.8
42.5
15.3
19.2

60.0
42.8
17.1
19.2

59.3
43.3
16.0
19.3

59.2
43.3
15.9
19.4

58.6
43.4
15.1
19.6

57.8
43.2
14.6
19.8

57.8
43.4
14.3
20.0

58.8
43.8
15.0
20.2

59.3
44.1
15.2
20.4

74.9

82.2

P79.7

73.4

74.9

78.7

81.1

81.3

81.9

84.6

78.1

78.3

79.2

P83.0

8.4
66.5
38.7
16.5
22. 2

9.3
72.9
43.1
18.7
24.4

P9.7
P70.0
P39.5
P18.2
P21.3

8.4
65.0
37.7
16.0
21.6

8.4
66.5
38.6
16.5
22.1

8.6
70.0
41.0
17.4
23.7

8.9
72.2
42.7
18.3
24.3

9.0
72.2
42.5
18.5
24.0

9.5
72.4
42.7
18.8
23.9

9.6
75.0
44.4
19.2
25.3

9.6
68.5
39.6
18.4
21.1

9.5
68.8
38.9
17.8
21.1

9.6
69.6
38.2
17.7
20.5

plO.O
P73.0

11.2
16.6

11.9
18.0

P12.0
P18.5

10.9
16.5

11.2
16.7

12.0
17.0

11.7
17.8

12.0
17.8

11.8
17.9

12.0
18.6

11.7
17.3

11.9
18.0

12.1
19.3

76.6
31.4
45.2
19.8
25.4
-1.7
17.9

83.8
34.5
49.3
21.5
27.8
-1.6
20.2

p 80. 8
P33.2
P47.6
22.8
'p 24. 8
-1.2
22.4

75.6
30.9
44.6
19.4
25.2
-2.1
17.6

75.8
31.1
44.8
20.2
24.6
-.9
18.2

80.8
33.1
47.7
20.9
26.8
-2.2
18.8

83.7
34.5
49.2
21.4
27.8
-2.6
19.3

83.6
34.5
49.2
21.6
27.6
-2.3
19.8

84.0
34.6
49.4
21.6
27.8
-2.2
20.4

83.9
34.6
49.3
21.2
28.2
.7
21.1

79.0
32.5
46.5
22.2
24.2
-.8
21.6

78.9
32.5
46.5
23.1
23.4
22.1

80.0
32.9
47.1
23.4
23.6
-.8
22.7

P85.4
P35.1
P50.3
22.4
"27.8
-2.3
23.3

537. 8
65.6
472.2
445.0
27.2

584.0
75. 2
508.8
479.0
29.8

626.4
81.7
544.7
505.9
38.7

530.1
66.1
464.0
439. 9
24.0

544.6
65.2
479.4
448.5
30.9

556.1
66.7
489.4
460.1
29.3

567.8
70.4
497.5
470.9
26.6

577. 3
74.1
503.3
474.6
28.7

589.3
76.9
512.4
483.2
29.2

601.6
79.6
522.0
487.4
34.6

612.9
80. 2
532.7
493.9
38.8

619.1
79.1
540.0
504.0
36.0

631.0
82.8
548.2
509.6
38.5

642.5
84.7
557.9
516.2
41.6

bil. $
do
_ __do
do__

51.96
22.45
11.40
11.05

60. 63
26.99
13.99
13.00

61.66
26.69
13.70
13.00

12.81
5.47
2.76
2.70

13.41
5.73
2.91
2.82

14.95
6.72
3.48
3.24

12.77
5.61
2.87
2.74

15.29
6.78
3.51
3.27

15.57
6.84
3.54
3.30

17.00
7.75
4.07
3.68

13.59
6.10
3.08
3.02

15.61
6.81
3.46
3.34

15.40
6.48
3.33
3.15

' 17. 05 ' 1 14.26 2 16. 31
' 7. 30 '6.14
7.08
'3.82
3.17
3.66
3.41
' 3. 48 '2.97

do_
do
do
do_
do
do

1.30
1.73
2.81
6.94
4.94
11. 79

1.47
1.98
3.44
8.41
5.62
12.74

1.42
1.53
3.88
9.88
5.91
12.34

.33
.44
.77
1.71
1.24
2.85

.32
.44
.72
1.88
1.22
3.10

.35
.46
.73
2.04
1.41
3.25

.33
.40
.75
1.60
1.26
2.83

.40
.55
1.00
2.09
1.42
3.06

.37
.48
.82
2.36
1.36
3.33

.38
.55
.86
2.36
1.58
3.52

.32
.41
.70
1.84
1.35
2.87

.34
.41
1.12
2.46
1.49
2.99

.37
.35
.98
2.66
1.46
3.09

'.35
'.39
.41
'.36
'.33
.30
'.92
'1.07
1.11
'2.92 '2.25
2.78
1.62
'3.39 ' 3 4. 27 34.62

Proprietors' income total 9
Business and professional 9
Farm
Rental income of persons

Corporate profits and inventory valuation adjustment total
bil $
By broad industry groups:
Financial institutions
do
TV?
, , . 4.^4. I
f\ —
(\hi

393.9

616.7

354.2
286.2
11.7
56.3
34.5

\Vages and salaries total
Private
Military
Government civilian
Supplements to wages and salaries

"NT
in

562.4

TYI j?f>nd«? \-r\~c\ ~ trip — _ _ut» —
rln
uyub uustr es>

Transportation, communication, and public
utilities
bil $
All other industries
do
Corporate profits before tax total
Corporate profits tax liability
Corporate profits after tax
Dividends
Undistributed profits

do
do
do
do
do

Net interest

do

n

DISPOSITION OF PERSONAL INCOME
Quarterly Data Seasonally Adjusted at Annual Rates
Personal income total
ess. ^e so t
a

c

bil $

" y

Less' Personal outlays©

do

NEW PLANT AND EQUIPMENT
EXPENDITURES
Unadjusted quarterly or annual totals:
All industries
Manufacturing
Durable goods industries^
_
Nondurable goods industries^-Mining
Railroad
Transportation, other than rail
Public utilities
Communication
Commercial and other
_
Seas. adj. qtrly. totals at annual rates:
All industries
_
Manufacturing
Durable goods industries^ __
Nondurable goods industries!

do
do
do
do

50.35
21.55
10.80*
10.70

52.75
23.00
11.75
11.25

55.35
24.15
12.45
11.70

58.00
25.60
13.15
12.45

60.10
26.80
13.85
12.95

61. 25
27.55
14.35
13.20

62.80
27.75
14.50
13.25

61.65
27.85
14.20
13. 70

61.50
27.00
13.75
13.25

60.90
26.15
13.50
12.65

Mining
_
Railroad
Transportation, other than rail
Public utilities
Communication
Commercial and other

do
do
do
do
do
do

1.30
1.55
2.70
6.85
4.80
11.60

1.25
1.70
3.00
6.75
5.05
11.95

1.35
1.95
3.00
7.30
5.30
12.25

1.40
1.75
3.30
8.25
5.35
12. 35

1.55
2.00
3.50
8.30
5.50
12.45

1.45
1.85
3.40
8.55
5.60
12.85

1.45
2.35
3.50
8.50
5.95
13.30

1.40
1.80
3.05
9.20
5.75
12.55

1.30
1.55
3.90
9.70
5.80
12.25

1.60
1.50 '1.55
1.45
1.15
1.40 '1.40 ' 1. 45
3.90
4.45 '4.00
4.10
10.95
9.80 ' 10. 65 ' 11. 25
6.05
6.05
11.95 ' 12. 65'318.55 3 18. 60

10, 180
6,880
192
1,562
1,546

10, 080
6,811
230
1,474
1,565

10, 119
6,925
212
1,353
1,629

10,511
7,203
209
1,469
1,630

10, 618
7,181
222
1,535
1,680

10, 913
7,382
206
1,587
1,738

10, 997 11,352 r 11, 353 '•11,530 pll, 458
7,402 r 7, 671 r 7, 712 '7,626 p 7, 454
P360
336
'237
210
339
1,654 r 1, 575 '•1,545 ^1,842 p 1,823
r
••1,825 p 1,821
1, 760
1,731 ' 1, 767

Imports of goods and services
do _ _ -32,203 -37, 937 p-40,893 -8, 139 -8, 233
Merchandise, adjusted, excl. military
do __ -21, 472 -25, 510 p-26, 980 -5, 475 -5, 556
-754
-711
Military expenditures
_ _
do
-2, 921 -3, 694 p-4, 319
-424
-435
Income on foreign investments in the U.S__do
-2,074 p-2, 277
-1, 729
Other services
do
-6, 081 -6,659 p-7, 317 -1, 529 -1,488
Unilateral transfers, net (excl. military grants);
-775
-725
transfers to foreigners ( )
mil $
-2, 824 -2, 925 p-3, 049
r
Revise d.
* Preliminary.
1
siness.
Estimates for Jan.-Mar. 1968 based on anticipated capita] expendit ires of bu
2 Estimates for Apr. -June 1968 based on anticij)ated ca pital expe nditures of busin CSS.
Anticipated expenditures for the year 1968 are as folio ws (in b: l.$):Allirtdustries, 65.23; ma nufacturing, total, 27.93; durable goods industries, 14.39; nond urable gc ods indu stries, IS .54;
mining, 1.58; railroad, 1.27; transportation, 4.51; pub lie utilit les, 10.88; communi cation, 6 45;
3
commercial and other, 12.60.
Includes communi cation.
9 Includes inventory valuation adjustment.

-8, 599
-5, 772
-785
-469
-1, 573

-8,997
-6, 025
-861
-475
-1,636

-9,265
-6, 225
-911
-471
-1, 658

-9, 762
-6, 580
-953
-565
-1,664

-9,913
-6, 680
-969
-563
-1, 701

'
'
'
'

62. 70 ' 1 64. 80 264.30
28.10
26. 00 ' 28. 00
14.60
14.55
13. 50
13.55
12. 55 ' 13. 40

U.S. BALANCE OF INTERNATIONAL
PAYMENTScf
Quarterly Data Are Seasonally Adjusted
(Credits +; debits -)
Exports of goods and services (excl. transfers under
military grants) _ _ _ _ _ _
mil. $ 39,147
Merchandise, adjusted, excl. military
do _
26,244
Military sales
_
___
do
844
Income on U.S. investments abroad
do _ 5, 888
Other services
do
6,171




43,039 p 45, 693
29, 168 p 30, 463
847 p 1, 272
6,245 p 6, 785
6, 779 p 7, 173

'-9,999 '- 10,03
-6, 662 -6,558
-1,045 -1,070
-547
-557
'•-1,735 "-1,85

'-10,12
'-6,549
'-1,094
' -585
'-1,894

p-10, 73
p-7, 21
p-1,11
p-588
p-1,83

-852 '-849 p-620
-728
-632
-733
-709
-660
-851
0Personal c>utlays comprise personal consum ption ex penditur es, inter*jst paid by consume ^s, and p 3rsonal ti•ansfer & ,yments to foreigrlers.
§Pe rsonal sa ving is e.£cess of d isposable income over pers onal out lays.
UD ata for in dividual durable and non durable goods in<lustries _omponents appear in the
Mar., June, Se pt., and Dec. issu es of the SURVEY.
cflV [ore comi)lete deta ilsareghren in the quarterl y review 3 in the IVlar.,Jun e, Sept., and Dec.
issues of the SiJRVEY.


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102