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SURVEY OF CURRENT BUSINESS April 1968 NATIONAL INCOME AND PRODUCT TABLES 1966 1966 1967 1967 IV II 1966 1968 III IV IP 1966 1967 1968 1967 II IV III IV Seasonally adjusted at annual rates Seasonally adjusted at annual rates Billions of 1958 dollars Billions of current dollars Table 1.—Gross National Product in Current and Constant Dollars (1.1, 1.2) 743. 3 785.0 762.1 766.3 775.1 791.2 807.3 827.3 652.6 669.3 661.1 660.7 664.7 672.0 679.6 465 9 491.7 473.8 480.2 489.7 495.3 501.8 517.8 418.0 430.1 420.4 424.2 430.6 431.5 434.0 70 3 207 5 188 1 72 1 217.5 202 1 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 77 9 228.0 9 ll 9 71 3 187.7 159 1 72.1 193.0 165 0 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 0 112.1 122.2 110 4 105.1 112 2 120.8 119.4 105 6 96.9 108.4 96.9 91.3 96.4 103.0 104 6 107 0 103 7 103.3 104 6 108 4 111.6 115.5 93 0 92.1 91.2 90.2 90.9 92.9 94.4 Nonresidential _ Structures., Producers' durable equipment 80 2 27.9 52 3 82 6 26 8 55 7 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 87 2 28.7 58 5 72 8 23 6 49 2 73.0 21.8 51 2 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 Residential structures.. _ __ _ Nonfarm Farm... _. _ 24.4 23 8 .5 24 4 23 9 6 20.9 20 4 .5 21.4 20 9 6 23.1 22 5 6 25 6 25 0 *6 27.6 27 0 .6 28.3 27 8 .6 20 2 19 7 5 19.1 18.6 .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 Change in business inventories Nonfarm _ _ • Farm 13 4 13 7 — 3 52 48 4 18 5 19.0 71 73 — 2 5 6 _ i 38 34 4 92 7.7 15 39 3.0 9 12 6 12 9 — 3 48 4.4 4 17.2 17.7 — 5 6.7 6.8 — .2 .4 .5i 3.5 3.2 .4 8.7 7.2 1.5 Net exports of goods and services. 51 4 8 43 53 5.3 54 3.0 2.6 4 4 3.6 3.2 4.1 4.1 4.2 1.9 43 0 37 9 45 3 40 6 44 0 39 7 45 3 39 9 45 1 39 8 45 6 40 2 45 4 42.4 47 6 44.9 40 8 36.4 42.5 38.9 41.2 38.0 42.4 38.3 42.3 38.2 42.8 38.6 42.5 40.7 Gross national product - _ - - Personal consumption expenditures Durable goods Nondurable goods Services Gross private domestic investment Fixed investment _ _ Exports Imports __ 154 3 176 3 161 7 170 4 175.0 178 2 181 7 187.5 124 5 138.7 129 1 135.5 138.7 139.9 140.7 Federal. National defense Other. 77 0 60 5 16 5 89 9 72*5 17 4 81 5 65 6 15 9 87 1 70 2 16 8 89 5 72 5 17 0 90 9 73 3 17 6 92 2 74 2 18 0 95 7 76 6 19.1 64 7 74 1 67 8 72.3 74 4 75 1 74.7 S tate and local 77 2 86 4 80 2 83 3 85 4 87 4 89 5 91 0 59 9 64 6 61 3 63.2 64 3 64.9 66.0 Government purchases of goods and services 689.7 Table 2.—Gross National Product by Major Type of Product in Current and Constant Dollars (1.3, 1.5) Gross national product- 743.3 Final sales Change in business inventories Goods output 729 9 13.4 785.0 762 1 766 3 775.1 791 2 779 8 52 743 6 18.5 759 2 7.1 774 6 5 787 4 38 392 1 807.3 827 3 798 1 9.2 9 652.6 669.3 834 3.9 639 9 12.6 664 5 4.8 39 661.1 643 9 17.2 660.7 664.7 672.0 679.6 654 0 6.7 664 3 .4 668.5 3.5 671.0 8.7 379 6 396 0 391 7 388 1 398 7 405 2 353 7 361.4 361.1 356.6 359.5 362.9 366.5 Final sales. Change in business inventories 366 2 13 4 390 8 52 373 2 18 5 380 9 391 6 394 9 5 71 38 396 0 92 341 0 12 6 356 6 4.8 343 9 17 2 349.9 6.7 359 1 .4 359.4 3.5 357.8 8.7 Durablegoods _ „__ Final sales. Change in business inventories 154 6 144 7 99 158 5 155 7 2 7 161 1 148 3 12 8 153 9 150 5 34 155 5 156 0 — 6 163 1 158 6 45 150 0 140 6 93 150 2 147.8 24 154 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 Nondurable goods. Final sales __ „ C h ange in business inventories _ . . 225 0 221 5 35 237 5 235 1 25 230 6 224 9 57 234 2 230 5 37 236 6 237 3 242 1 235 5 237 0 237 4 3 11 4 7 203 7 200 4 3.3 211 2 208 8 2.4 206 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 4.6 287 2 311 2 296 9 303 1 307 8 313 5 320 3 235 2 245 8 239 8 242 7 244 4 246 9 249.2 76 5 77 8 73 5 75 2 75 2 79 0 81 8 63 7 62 1 60 2 61.3 60.8 62.3 64.0 664.7 672.0 679.6 619.6 Services _____ Structures 161 4 157 9 35 689.7 Table 3.—Gross National Product by Sector in Current and Constant Dollars (1.7, 1.8) Gross national product Private Business Nonfarm Farm Households and institutions Rest of the world. General government 3 ._.. Preliminary. 743 3 785 0 762 1 766 3 775 1 791 2 807 3 827 3 652 6 669 3 661 1 660 7 666 7 699 6 681 9 683 9 690 9 705 2 718 7 597 5 610 2 604 2 602 7 606 0 612 5 642 4 617 6 24 8 673 6 649 6 24 0 656 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 1 585 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 20 1 21 5 20 6 21 1 91 4 21 2 22 1 14 7 15 3 14 9 15 1 15 3 15.0 15.6 4 2 4 6 44 41 4 2 49 51 40 4 4 43 4.0 4.0 [4.8 4.9 76 6 85 3 80 2 82 5 84 2 86 0 88 6 55 0 59 1 56 9 57 9 58.7 59.6 60.0 689.7 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 fche 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 I Annual total II 1967 1966 1965 III | IV •i | n III | IV I II 1968 III IV I* Seasonally adjusted quarterly totals at annual rates GENERAL BUSINESS INDICATORS—Quarterly Series NATIONAL INCOME AND PRODUCT bil. $ 683.9 743.3 785.0 662.7 675.4 690.0 708.4 725.9 736.7 748 8 762 1 766 3 775 1 791.2 807.3 827.3 do 433.1 465.9 491.7 420.2 428.1 436.4 447.8 458.2 461.6 470.1 473.8 480.2 489.7 495.3 501.8 517.8 Durable goods, total 9 _ _ _ do Automobiles and parts do Furniture and household equipment.—— do 66.0 29.9 27.0 70.3 29.8 29.9 72.1 29.3 32.0 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 77.9 33.1 33.9 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 5 184 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 8 228.0 45.0 115.7 18.3 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 7 170 4 24 7 61.9 12 0 174 25 63 12 2 5 2 5 177 8 26 1 64.2 12 8 181 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 9 27 7 68.5 14 0 196 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 1 211.9 29.1 74.9 15.4 do_ __ 107,4 118.0 112.1 105.1 105.1 108.2 112.3 115.2 118.5 116 4 122.2 110 4 105 1 112.2 120.8 119.4 111.6 84 0 26 7 57.3 27.6 27 0 9 2 7.7 115.5 87.2 28.7 58.5 28.3 27.8 3.9 3.0 Gross national product, total Personal consumption expenditures, total Nondurable goods, total 9 Clothing and shoes ., Food and beverages __ Gasoline and oil Services total 9 Household operation _ Housing Transportation _ _ _ _ _ Gross private domestic investment, total Fixed investment Nonresident ial Structures - Producers' durable equipment. Residential structures. _ _ _ Nonfarm Change in business inventories Nonfarm __ _ _ _ _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 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 7.9 98 8 71 9 25 1 46 8 26.9 26 4 94 7.9 102 4 75 7 27 3 48 3 26.8 26 2 9.9 8.7 105 3 78 3 28 3 50 0 27.0 26 5 99 9.6 104 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 71 7.3 104 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 3.8 3.4 do. do do 6.9 39.1 32 2 5.1 43.0 37 9 48 45.3 40 6 6.1 35.1 28 9 8.2 40.7 32 6 7.4 40.3 32 9 61 40 5 34 4 61 42.0 36 0 5.4 42.5 37 1 46 43.7 39 0 4.3 44.0 39 7 53 45.3 39 9 5.3 45.1 39 8 5.4 45.6 40.2 30 45.4 42 4 2.6 47.6 44.9 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 77.2 176.3 89 9 72.5 86 4 131.3 64.3 48.4 66 9 133.9 65.4 49.2 68.6 138.1 67.6 50.3 70 4 142.3 69 8 52 4 72 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 5 187.5 95.7 76 6 91.9 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 9 366 2 144.7 221.5 287 2 76.5 779 8 390 8 155.7 235 1 311 2 77 8 652 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 1 283 5 77.4 737.4 370 3 145 8 224 5 291 6 75 5 743 6 373 2 148 3 224 9 296 9 73 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 8 823.4 do do do 9.4 6.7 27 13.4 9.9 35 5.2 27 25 10.6 87 20 8.8 7.0 18 9.4 71 23 9.9 50 49 9.9 74 2 5 14.0 97 4 3 11.4 99 15 18.5 12 8 57 7.1 34 37 .5 —.6 1.1 3.8 3.5 .3 92 45 4 7 3.9 689.7 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 Durable goods Nondurable goods Services. _ _ _ _ _ Gross private domestic investment, total 616.7 652.6 669.3 601.5 609.7 620.7 634.4 645.4 649.3 654.8 661. 1 660.7 664.7 672.0 679.6 do 398 4 418 0 430 1 389 1 394 1 400 7 409 9 416 2 415 2 420 4 420 4 424 2 430.6 431.5 434 0 _ do do do 66.4 178 9 153 2 71.3 187 7 159.1 72.1 193 0 165 0 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 do 98 0 105 6 96 9 95 9 95 9 98 3 101 6 104 0 106 5 103 6 108 4 96 9 91.3 96.4 103.0 Fixed investment Nonresidential Residential structures Change in business inventories do do do do 89.1 66 0 23 2 88 93.0 72 8 20 2 12 6 92.1 73 0 19 1 48 86 6 62 9 23 7 93 87 9 64 5 23 4 80 89 6 66 7 23 0 87 92.4 69 7 22 6 92 94.5 71 8 22 8 95 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 67 90.9 72.6 18.3 .4 92.9 73.2 19.7 3.5 94.4 73.3 21.0 87 Net exports of goods and services do 60 44 36 52 68 6 4 56 54 48 41 32 41 4.1 4.2 19 126 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 Govt. purchases of goods and services total do 114 3 124 5 138 7 Federal _ ' do 74 1 57 8 64 7 State and local do 56.4 59.9 64.6 r Revised. * Preliminary. 9 Includes data not shown separately. 293-992 O - 68 - 3 111 3 56 3 55! o 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 SURVEY OF CURRENT BUSINESS S-2 Unless otherwise stated, statistics through 1966 and descriptive notes are shown in the 1967 edition of BUSINESS STATISTICS 1965 | 1966 _ | 1967 Annual total III IV I II 1968 1967 1966 1965 II April 1968 III IV I II IV III IP II GENERAL BUSINESS INDICATORS—Quarterly Series—Continued NATIONAL INCOME AND PRODUCT— Con. Quarterly Data Seasonally Adjusted at Annual Rates National income total bil $ 562.4 do 393.9 Compensation of employees total Wages and salaries total Private Military Government civilian Supplements to wages and salaries Proprietors' income, total 9 Business and professional 9 Farm _ _ Rental income of persons 616.7 ••650.2 555.3 566.5 582.8 600.3 610.4 622.1 634.1 636.4 641.6 653.4 408.4 420.8 430.7 441.2 450.2 459. 1 463.4 472.6 r 669. 3 435.7 469.7 388.6 397.2 483.6 497.5 354.2 286.2 11.7 56.3 34.5 362.0 292.1 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 47.6 447.5 355.8 17.6 74.0 50.0 59.9 44.4 15.5 20.6 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 Corporate profits and inventory valuation adjustment total bil $ By broad industry groups: Financial institutions do Nonfinancial corporations total do Manufacturing total do Nondurable goods industries do Durable goods industries do Transportation, communication, and public utilities bil $ All other industries do 74.9 82.2 ' 79. 6 73.4 74.9 78.7 81.1 81.3 81.9 84.6 78.1 78.3 79.2 ' 82. 7 8.4 66.5 38.7 16.5 22.2 9.3 72.9 43. 1 18.7 24.4 9.7 '69.9 '39.3 '18.0 21.3 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 10.0 '72.7 40.6 18.3 22.4 11.2 16.6 11.9 18.0 12.0 '18.6 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 12.3 19.8 Corporate profits before tax, total, _.__.__do Corporate profits tax liability do Corporate profits after tax do Dividends do Undistributed profits do Inventory valuation adjustment do Net interest do 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 '80.7 33.2 '47.5 22.8 '24.7 -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 -.7 22.1 80.0 32.9 47.1 23.4 23.6 -.8 22.7 '85.1 '35.0 '50.1 22.4 '27.6 -2.3 23.3 -4.7 23.9 bil $ do do do do 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 41.6 658.7 87.1 571.7 532. 6 39.1 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 7.30 3.82 3.48 i 14.26 216.31 6.14 7.08 3.17 3.66 3.41 2.97 1.30 1.73 2.81 6.94 4.94 11.79 1.47 1.9S 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 .39 .36 1.07 2.92 1.62 3.39 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 62.70 26.00 13.50 12.55 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 1.45 1.40 4.10 9.80 6.05 11.95 1.50 1.40 4.45 10.65 6.05 12.65 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 7,402 210 1,654 1,731 11,352 7, 671 339 1,575 1,767 11,353 7,712 336 1,545 1,760 11, 530 7,626 237 1,842 1,825 Pll,458 *7,454 *360 * 1, 823 P 1, 821 Imports of goods and services do -32, 203 -37,937 p-40,893 -8, 139 -8, 233 Merchandise, adjusted, excl. military _ _ _ d o -21,472 -25, 510 p-26,980 -5, 475 —5,556 -754 Military expenditures do -711 -2, 921 -3,694 p-4,319 -435 —424 Income on foreign investments in the U.S_-do -2,074 *~2, 277 -1, 729 Other services do -6,081 -6, 659 *-7,317 -1, 529 -1,488 Unilateral transfers, net (excl. military grants); -725 transfers to foreigners C ) mil $ -2, 824 -2, 925 p-3,049 -775 r Revised. » Preliminary. 1 Estimates for Jan.-Mar. 1968 based on anticipated capital expendit ures of bt siness. 2 Estimates for Apr.-June 1968 based on antici]Dated ca pital exp snditures of busirless, Anticipated expenditures for the year 1968 are as foll<>ws (in b l.$):Alliiidustries, 65.23; mjmufacturing, total, 27.93; durable goods industries, 14 39; nond urable g oods indiistries, 11J.54; mining, 1.58; railroad, 1.27; transportation, 4.51; put)lic utilit ies, 10.88; commun i cation, (>.45; commercial and other, 12.60. 3 Includes commun] cation. 9 Includes inventory valuation adjustment. -8, 599 -5,772 -785 -469 -1, 573 -8,997 -9,265 -6,025 -6, 225 -861 -911 -471 -475 -1,636 -1,658 -9, 762 -6, 580 -953 -565 -1, 664 -9,913 -6,680 -969 -563 -1, 701 -9,999 -6,662 -1,045 -557 — 1, 735 -10,033 -6, 558 -1,070 -547 -1,858 -10,122 -6,549 -1,094 -585 -1,894 p-10,73 p-7,21 p-1.11 p-58 p-1,83 DISPOSITION OF PERSONAL 23.2 INCOME Quarterly Data Seasonally Adjusted at Annual Rates Personal income total Less: Personal tax and nontax payments Equals: Disposable personal income Less: Personal outlays© Equals* Personal saving§ 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^ Mining _ _ _ _ _ Railroad. Transportation, other than rail Public utilities _ Communication, Commercial and other do do do do do _ _ _ do do _ do_ _ do do do do> do _do— . do do .35 .33 .92 2.25 .41 .30 1.11 2.78 34.27 34.62 1 64. 80 264.30 28.10 28. 00 14.55 14.60 13.40 13.55 1. 55 1.45 4.00 11. 25 1.60 1.15 3.90 10.95 3 18. 55 3 18. 60 U.S. BALANCE OF INTERNATIONAL PAYMENTSd* Quarterly Data Are Seasonally Adjusted (Credits +; debits -) Exports of goods and services (excl, transfers under military grants) mil. $ Merchandise, adjusted, excl. military do .Military sales do._ Income on U.S. investments abroad ___do Other services do 39,147 26,244 844 5,888 6,171 43, 039 *45,693 29, 168 v 30, 463 847 p 1, 272 6,245 *6,785 6,779 p 7, 173 p-62 -849 -852 -728 -632 -709 -733 -851 -660 ©P ersonal Dutlays c omprise personal consum ption ex penditur es, inter sst paid by consume rs, and personal t ransfer p ayments to foreigiaers. §P€ rsonal sa ving is e xcess of d isposabl(j income over per sonal out lays, 1fD ata for itidividual durable and noridurable goods industries compone nts appear in the Mar., June, Se pt., and Dec. issu es of the SURVEY £ar. , June, Sept., and Dec. &blore complete det£ills are gri7en in th(} quarter y review s in the ft issues of the S URVEY.
@FedFRASER