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SURVEY OF CURRENT BUSINESS April 1971 11 NATIONAL INCOME AND PRODUCT TABLES 1969 1970 1970 II IV 1970 1969 Ill IV 1969 1970 IV Seasonally adjusted at annual rates 1971 III IV Seasonally adjusted at annual rates Billions of current dollars Billions of 1958 dollars Table 1.—Gross National Product in Current and Constant Dollars (1.1, 1.2) Gross national product 931.4 976.5 951.7 959.5 971.1 985.5 989.9 1018.4 727.1 724.1 729.2 723.8 724.9 727.4 720.3 731.6 Personal consumption expenditures 577.5 616.7 592.6 603.1 614.4 622.1 627.0 644.7 467.7 477.1 471.7 474 0 478.1 479.6 476 6 485.3 90.0 245.8 241.6 89.4 264.7 262.6 90.8 252.0 249.8 89.1 258.8 255.2 91.9 262.6 259.9 91.2 265.8 265.1 85.3 271.5 270.2 96.1 272.5 276 0 84.9 201.2 181.6 82.0 207.9 187.2 84.9 202.4 184 4 82.7 205.6 185 8 84.9 206.6 186.6 83.6 208.2 187.8 76.9 211.1 188.6 85.4 210.6 189.4 139.8 135.7 140.2 133.2 134.3 138.3 137.1 142.9 111.3 102.8 110.0 102.9 103.1 104.1 101.3 104.4 131.4 132.3 133.0 131.6 131.2 132.7 133.5 140 5 104.1 99.8 103.9 101.5 100.1 99.6 98.1 102.4 Nonresidential . . . . . Structures Producers' durable equipment 99.3 33.8 65.5 102.6 35.2 67.4 102.6 35.1 67.5 102.6 35.7 66.9 102.8 35.3 67.5 103.6 35.0 68.6 101.3 34.7 66.6 105.1 36 3 68.8 80.8 24.0 56.9 79.2 23.1 56.1 82.1 24.3 57.8 80.9 24 4 56.5 80.2 23.5 56.7 79.6 22.6 56.9 76.3 21.8 54.5 78.4 22.5 55.9 Residential structures Nonfarm Farm 32.0 31.5 6 29.7 29.1 .6 30.4 29.8 6 29.1 28.4 6 28.4 27.8 .6 29.2 28.6 .6 32.2 31.6 .6 35.4 34.8 .6 23.3 22.8 4 20.6 20.2 .4 21.8 21.4 4 20.7 20.2 4 20.0 19.5 .4 20.0 19.6 .4 21.9 21.5 .4 24.0 23.5 .4 8.5 8.0 .4 3.5 2.9 .6 7.2 6.5 .7 1.6 .9 .7 3.1 2.6 .5 5.5 5.0 .5 3.6 3.0 .6 2.4 2.2 .2 7.2 6.8 .4 3.0 2.5 .5 6.1 5.4 .8 1.3 .8 .6 2.9 2.5 .4 4.6 4.1 .4 3.1 2.6 .5 2.1 1.9 .2 2.6 3.5 4.1 4.2 2.6 2.8 .2 2.4 .9 1.9 2.4 3.1 2.0 2.2 58.8 56.2 61.1 57.6 62.8 58.7 62.8 58.6 62.0 59.3 64.1 61.3 48.5 48.2 52.1 49.7 50.0 49.1 52.0 50.1 52.9 50.5 52.0 48.9 51.4 49.3 53.1 50.9 Durable goods Nondurable goods Services . . . _ . . . . Gross private domestic investment. . . Fixed investment Change in business inventories Nonfarm . . . Farm .. Net exports of goods and services . Exports Imports Government purchases of goods and services Federal National defense Other State and local _ _ . . 1.9 3.6 55.5 53.6 62.2 58.6 212.2 220.5 216.3 219.6 218.4 221.0 223.2 228.0 101.3 78.8 22.6 110.8 99.7 76.6 23.1 120.9 102.1 78.8 23.3 114.2 102.3 79.3 23.0 117.4 99.7 76.8 22.9 118.7 98.6 75.8 22.9 122.4 98.2 74.6 23.5 125.0 98.1 73.9 24.1 129.9 147.8 141.8 146.6 145.0 141.3 140.6 140.3 139.7 75.7 67.7 73.8 71.1 67.8 66.2 65.5 63.1 72.1 74.1 72.9 73.8 73.5 74.4 74.8 76.6 Table 2.—Gross National Product by Major Type of Product in Current and Constant Dollars (1.3,1,5) 931.4 922.9 8.5 976.5 951.7 973.1 944.5 7.2 3.5 959.5 957.9 1.6 971.1 968.1 3.1 985.5 980.0 5.5 989.9 1018.4 986.3 1016 0 3.6 2.4 727.1 719.9 7.2 724.1 721.1 3.0 729.2 723.8 723.0 722.4 6.1 1.3 724.9 721.9 2.9 727.4 722.8 4.6 720.3 717.1 3.1 731.6 729.6 2.1 Goods output Final sales. Change in business inventories. 460.0 451.6 8.5 474.4 470.9 3.5 468.9 461.7 7.2 467.1 465.5 1.6 474.9 471.8 3.1 479.8 474.2 5.5 475.6 472.0 3.6 487.7 485.3 2.4 392.2 385.0 7.2 388.7 385.7 3.0 393.5 387.3 387.4 386.0 6.1 1.3 391.1 388.2 2.9 392.1 387.5 4.6 384.5 381.3 3.1 391.7 389.6 2.1 Durable goods Final sales Change in business inventories 190.2 183 9 6.4 185.1 185.3 —.2 192.7 187 4 5.3 185.3 185 5 —.3 186.6 188.5 -1.9 193.5 188.3 5.2 175.1 178 8 -3.7 194.8 191 3 35 170.1 164.7 5.3 160.3 160.5 -.2 170.3 165 9 4.4 162.3 162.6 -.3 162.9 164.4 -1.5 167.1 162.7 4.3 148.9 152.1 -3.2 164.4 161.4 3.0 Nondurable Final sales Change in business inventories 269 8 267.7 2.1 289.2 285.6 3.6 276 2 274.3 1.9 281 8 280.0 1.9 288 3 283.3 5.0 286.3 286.0 .3 300.5 292 9 222.1 293.3 294 0 220.3 7.2 —1.1 1.8 228.5 225.3 3.2 223.3 221.5 1.8 225.1 223.4 1.6 228.3 223.8 4.5 225.0 224.7 .2 235.6 229.2 6.4 227.2 228.2 —1.0 377.6 93.8 409 6 92.6 390.3 92 5 400.1 92.3 405.8 90.4 413.2 92.6 419.4 94.9 428.7 102.0 273.9 61.4 271.3 64.4 273.1 63.4 272.8 60.9 274.8 60.5 275.0 60.8 275.4 64.6 724.9 727.4 720.3 731.6 670.4 Gross national product Final sales. _. Change in business inventories . Services. Structures 268.2 66.6 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 931.4 976.5 951.7 959.5 971.1 985.5 989.9 1018.4 727.1 724.1 729.2 723.8 827.8 863.2 844.0 848.5 858.4 871.7 874.3 898.7 666.4 663.4 668.1 663.1 664.2 666.8 659.4 795.4 767.9 27 5 828.3 800.1 28.1 810 8 783.0 27 8 814 3 785.5 28 8 824.5 796.0 28.5 836.5 837.8 808.5 810.6 28.0 27.2 860.7 833.5 27 3 646.0 622.5 23.6 642.4 619.3 23.2 647.6 624.7 22.8 642.1 619.5 22.6 644.0 621.0 23.0 645.9 622.9 22.9 637.8 613.7 24.1 648.1 624.6 23.4 28.1 4 3 30.3 4 6 29.0 4 2 29.6 45 30.0 3.9 30.5 47 31.1 5.4 32.1 5.9 16.4 4 0 16.6 4.3 16.6 4.0 16.7 4.3 16.5 3.6 16.5 4.4 16.5 5.1 16.9 5.5 103.6 113.3 111.0 112.8 113.9 115.5 119.7 60.7 60.7 61.1 60.7 60.7 60.6 60.8 61.2 107.7 ^Preliminary. HISTORICAL STATISTICS National income and product statistics for earlier periods are available as follows: Data for 1966-69, July 1970 SURVEY OF CURRENT BUSINESS; 1964-65, July 1968 SURVEY; 1929-63, The National Income and Product Accounts of the United States (available from U.S. Department of Commerce Field Offices or from the Superintendent of Documents, U.S. Government Printing Office, Washington, D.C. 20402, price $1.00 per copy). CURRENT BUSINESS STATISTICS IKE STATISTICS here update series published in the 1969 edition of BUSINESS STATISTICS, biennial statistical supplement to the SURVEY OF CURRENT BUSINESS. That volume (price $3.00) provides a description of each series, references to sources of earlier figures, and historical data as follows: For all series, monthly or quarterly, 1965 through 1968 (1958-68 for major quarterly series), annually, 1939-68; for selected series, monthly or quarterly, 1947-68 (where available). Series added or significantly revised after the 1969 BUSINESS STATISTICS went to press are indicated by an asterisk (*) and a dagger (f), respectively; certain revisions for 1968 issued too late for inclusion in the 1969 volume appear in the monthly SURVEY beginning with the September 1969 issue. Also, unless otherwise noted, revised monthly data for periods not shown herein corresponding to revised annual data are available upon request. The sources of the data are given in the 1969 edition of BUSINESS STATISTICS; they appear in the main descriptive note for each series, and are also listed alphabetically on pages 189-90. 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. 1968 Unless otherwise stated in footnotes below, data through 1968 and descriptive notes are as shown in the 1969 edition of BUSINESS STATISTICS 1969 1970 1968 I Annual total II III | IV I III II 1971 1970 1969 IV I II III IV IP Seasonally adjusted quarterly totals at annual rates GENERAL BUSINESS INDICATORS—Quarterly Series NATIONAL INCOME AND PRODUCT Gross national product, total f ._ ._. Personal consumption expenditures, total Durable goods, total 9... ._ Automobiles and parts Furniture and household equipment Nondurable goods, total 9 Clothing and shoes Food and beverages Gasoline and oil 865.0 931.4 976.5 834.9 858.1 875.8 891.4 907.6 923.7 942.6 951.7 959.5 971.1 985.5 989.9 1, 018. 4 do 535.8 577.5 616.7 519.7 529.1 543.8 550.8 561.8 573.3 582.1 592.6 603.1 614.4 622.1 627.0 644.7 . do do do 84.0 37.2 34.6 90.0 40.3 36.7 89.4 37.4 38.4 79.9 34.9 33.7 82.6 36.0 34.1 86.7 39.1 35.4 86.9 38.8 35.2 89.1 39.8 35.8 90.6 40.0 37.2 89.5 40.2 36.7 90.8 41.1 36.9 89.1 37.7 38.3 91.9 39.4 38.9 91.2 39.2 38.1 85.3 33.2 38.2 96.1 44.4 39.5 230.2 46.1 115.1 19.0 245.8 49.9 121.7 21.1 264.7 52.3 131.6 22.9 225.6 44.8 112.7 18.8 227.6 45.2 114.7 18.6 232.6 47.1 116.1 19.2 234.8 47.2 117.0 19.3 239.2 47.9 119.1 20.3 244.0 50.0 120.8 20.8 248.1 50.7 122.4 21.5 252.0 50.9 124.6 21.7 258.8 51.3 128.8 22 4 262. 6 51.8 131.2 22.7 265.8 52.3 132.3 23.0 271.5 53.8 134.1 23.5 272.5 54.1 134.8 23.8 221.6 31.2 77.4 15.6 241.6 33.9 84.0 16.7 262.6 36.3 91.9 18.1 214.2 30.4 75.2 15.2 218.9 30.8 76.6 15.3 224.5 31.5 77.9 15.6 229.0 32.1 79.8 16.1 233.5 32.7 81.4 16.2 238.7 33.3 83.0 16.5 244.5 34.5 84.7 16.8 249.8 34.8 87.0 17.1 255.2 35.2 89.0 17.7 259.9 35.9 90.8 17.9 265.1 36.9 92.6 18.2 270.2 37.3 95.1 18.5 276.0 37.7 97.5 18.7 , . bil.$. do do do. _ do _ Services, total 9 . _ _ . _ _ . _ _ _ . do._ Household operation.. . do Housing _ ... _ do Transportation ..do _ 126.5 139.8 135.7 119.8 127.3 126.5 132.6 136.0 139.3 143.8 140.2 133.2 134.3 138.3 137.1 142.9 118. 9 88.7 29.6 59.1 30.3 29.7 7.6 7.5 131.4 99.3 33.8 65.5 32.0 31.5 8.5 8.0 132.3 102.6 35.2 67.4 29.7 29.1 3.5 2.9 117.2 88.3 29.8 58.5 28.8 28.3 2.6 2.5 117.0 86.4 28.9 57.5 30.6 30.1 10.4 10.3 118.3 88.3 29.4 59.0 29.9 29.4 8.2 8.1 123.3 91.6 30.3 61.3 31.7 31.1 9.3 9.3 128.7 95.7 32.6 63.1 33.0 32.4 7.4 7.3 131.4 97.5 32.3 65.2 33.9 33.3 7.9 7.6 132.4 101.5 35.2 66.3 31.0 30.4 11.3 10.8 133.0 102.6 35.1 67.5 30.4 29.8 7.2 6.5 131.6 102.6 35.7 66.9 29.1 28.4 1.6 .9 131.2 102.8 35.3 67.5 28.4 27.8 3.1 2.6 132.7 103.6 35.0 68.6 29.2 28.6 5.5 5.0 133.5 101.3 34.7 66.6 32.2 31.6 3.6 3.0 140.5 105.1 36.3 68.8 35.4 34.8 2.4 2.2 2.5 50.6 48.1 1.9 55.5 53.6 3.6 62.2 58.6 1.8 47.7 45.9 3.4 50.7 47.3 3.4 53.2 49.8 1.4 50.9 49.5 1.3 47.8 46.5 1.3 57.2 55.9 2.6 58.3 55.6 2.6 58.8 56.2 3.5 61.1 57.6 4.1 62.8 58.7 4.2 62.8 58.6 2.6 62.0 59.3 2.8 64.1 61.3 Govt. purchases of goods and services, total. .do Federal ._ _. do _ _ National defense do State and local ._ do. . 200.2 99.5 78.0 100.7 212.2 101.3 78.8 110.8 220. 5 99.7 76.6 120.9 193.6 96.4 76.3 97.2 198.3 98.9 77.8 99. 4 202.1 100.7 78.6 101.4 206.7 101.9 79.2 104.7 208.5 100.9 78.6 107.5 209.9 99.8 77.9 110.1 214.1 102.5 79.8 111.6 216.3 102.1 78.8 114.2 219.6 102.3 79.3 117.4 218.4 99.7 76.8 118.7 221.0 98.6 75.8 122 .4 223.2 98.2 74.6 125.0 228.0 98.1 73.9 129. 9 By major type of product: f Final sales, total Goods, total Durable goods Nondurable goods Services Structures _ 857.4 422.9 170.4 252. 5 347.1 87.4 922.9 451.6 183.9 267.7 377.6 93.8 973.1 470.9 185.3 285.6 409.6 92.6 832.3 411.6 165.2 246.4 334.7 86.0 847.8 417.8 168.0 249.8 343.1 86.8 867.6 429. 0 173.1 255.9 352.2 86.3 882.1 433.3 175.3 258.0 358.4 90.5 900.2 440.9 180.5 260.4 364.8 94.5 915.9 448.8 182.7 266.1 372. 3 94.8 931.2 454.9 184.8 270.1 383.0 93.3 944.5 461.7 187.4 274.3 390.3 92.5 957.9 465.5 185.5 280.0 400.1 92.3 968.1 471.8 188.5 283.3 405.8 90.4 980.0 474. 2 188.3 286.0 413. 2 92.6 986.3 1, 016. 0 485.3 472.0 191.3 178.8 294. 0 293.3 419.4 428. 7 102.0 94.9 7.6 5.7 2.0 8.5 6.4 2.1 3.5 2 3.Q 2.6 2.5 .1 10.4 7.1 3.2 8.2 5.8 2.4 9.3 7.2 2.1 7.4 5.6 1.8 7.9 6.7 1.2 11.3 7.9 3.5 7.2 5.3 1.9 1.6 -.3 1.9 3.1 -1.9 5.0 5.5 5.2 .3 Gross private domestic investment, total. Fixed investment Nonresidential Structures Producers' durable equipment Residential structures Nonfarm _ ._ Change in business inventories.-. Nonfarm do do - - do do __ do do . . .do. _ _.do do Net exports of goods and services Exports Imports... _ _ ... do do . do__ -_.do-_. do do _ _ _ _ .do do _ _ _ _ _ _ _ _ .do Change in business inventories..- .. Durable goods Nondurable goods _ do _ _ do do 3.6 -3.7 7.2 2.4 3.5 -1.1 GNP in constant (1958) dollars Gross national product, total t - Personal consumption expenditures, total Durable goods Nondurable goods Services. _ _ _. Gross private domestic investment, total bil. $ 707.2 727.1 724.1 693.5 705.4 712.6 717.5 722.1 726.1 730.9 729.2 723.8 724.9 727.4 720.3 731.6 do 452.3 467.7 477.1 445.0 448.4 457.7 458.1 463.3 467.1 468.7 471.7 474.0 478.1 479.6 476.6 485.3 do do do 81.4 196.5 174.4 84.9 201.2 181.6 82.0 207.9 187.2 78.1 195.5 171.3 80.2 194.9 173.2 83.9 197.9 175.9 83.2 197.6 177.4 84.9 199.7 178.7 85.7 200.9 180.5 84.1 201.9 182.7 84.9 202.4 184.4 82.7 205.6 185.8 84.9 206.6 186.6 83.6 208.2 187.8 76.9 211.1 188.6 85.4 210.6 189. 4 do 105.7 111.3 102.8 101.3 107.1 105.1 109.5 109.7 111.5 114.1 110.0 102.9 103.1 104.1 101.3 104.4 . do do do _ do 98.8 75.5 23.3 6.9 104.1 80.8 23.3 7. 2 99.8 79.2 20.6 3.0 98.9 76.1 22.9 2.4 97.6 73.8 23.8 9.5 97.7 74.9 22.8 7.4 101.0 77.1 23.9 8.5 103.6 79.3 24.3 6.1 104.8 80.2 24.7 6.6 104.2 81.9 22.3 9.9 103.9 82.1 21.8 6.1 101.5 80.9 20.7 1.3 100.1 80.2 20.0 2.9 99.6 79.6 20.0 4.6 98.1 76.3 21.9 3.1 102.4 78.4 24.0 2.1 do .9 .2 2.4 .8 1.5 1.5 -.2 -.4 q .8 .9 1.9 2.4 3.1 2.0 2.2 Govt. purchases of goods and services, total, .do 148.3 146.4 147.8 148.5 141.8 Federal. _ _ do 78.7 79.1 75.7 77.5 67.7 State and local. do 69.6 69.4 72.1 68.9 74.1 r p Revised. Preliminary. f Revised series. Est imates of nationa" income and prod uct and personal income have been revised back to 1967 ( see p. 17 ff . of theJuly 197 0 SURVE Y); 148.3 78.9 69.4 Fixed investment.. Nonresidential Residential structures Change in business inventories Net exports of goods and services ._ 140.6 145.0 141.3 139.7 147.9 147.3 146.6 140.3 150.0 149.5 66.2 79.4 75.2 73.8 71.1 78.0 75.8 67.8 65.5 63.1 74.4 76.6 72.1 72.1 72.9 73.8 73.5 70.6 71.5 74.8 revisic ns prior to May L969 for p>ersonal i ncome a )pear on p. 26 ff. of the Ju ly 1970 S) U R V E Y . 9 In eludes d ata not s lown sej >arately. S-l April 1971 SURVEY OF CURRENT BUSINESS S-2 Unless otherwise stated in footnotes below, data! through 1968 and descriptive notes are as shown in the 1969 edition of BUSINESS STATISTICS 1968 1970 | 1969 1969 1968 II Annual total III IV I II 1970 III IV II I 1971 III IV IP II GENERAL BUSINESS INDICATORS—Quarterly Series—Continued NATIONAL INCOME AND PRODUCT— Con. Quarterly Data Seasonally Adjusted at Annual Rates National income totalf bil $ 712.7 769.5 1 706.1 722.2 735.2 749.3 764.0 779.5 785.2 791.5 797.4 806.6 - 804. 8 Compensation of employees, total do 514.1 564.2 599.8 507.6 520.9 532.5 544.9 557.5 572.2 582.1 592.2 596.4 603.8 606.7 624.8 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 do do do do do do do do do 464.8 369.1 17.9 77.8 49.3 64.1 49.1 15.0 21.3 509.0 404.9 19.0 85.1 55.1 66.8 50.5 16.4 22.0 540.1 426.1 19.3 94.6 59.7 67.6 51.4 16.2 22.7 458.9 364.7 17.6 76.6 48.7 63.8 49.2 14.6 21.3 471.0 373.4 18.6 79.0 49.9 64.4 49.2 15.3 21.3 481.4 382.5 18.2 80.7 51.1 65.2 49.4 15.8 21.3 491.6 391.5 18.1 81.9 53.3 66.0 49.9 16.2 21.6 502.9 401.2 18.4 83.4 54.6 66.7 50.5 16.2 22.0 516.4 409.9 19.9 86.6 55.8 67.5 50.9 16.6 22.1 525.3 417.2 19.6 88.5 56.8 67.2 50.6 16.6 22.3 534.4 422.6 «20.1 "91.7 57.9 67.6 50.6 17.0 22.5 537.4 424.0 19.5 93.9 59.0 67.8 51.2 16.5 22.6 543.4 428.9 19.1 95.4 60.4 67.8 51.7 16.1 22.7 545.2 429. 1 18.6 97.5 61.4 67.4 52.0 15.3 23.0 560.2 440.4 19.2 100.7 64.6 67.0 52.2 14.7 23.1 85.4 85.8 -76.5 86.0 87.4 87.1 87.1 87.4 86.8 82.0 76.7 77.5 78.4 -73.3 11.0 74.4 42 4 19.1 23.3 12.0 73.8 41.8 19.3 22.4 12.5 -64.0 -33.5 -18.1 -15.4 10.8 75.2 42.8 18.9 23.9 11.5 75.9 42 9 19.4 23.6 11.2 75.9 43.7 19.2 24.4 11.5 75.5 43.4 19.4 24.0 11.9 75.4 42.9 19.9 23.0 12 2 74.6 41.8 19.1 22 7 12.2 69.8 39.1 19.0 20.0 12.0 64.7 35.2 18.3 16.9 12.3 65.2 35.5 18.2 17.2 12.9 65.5 34.7 18.3 16.3 - 12.6 -60.7 28.6 17.7 11.0 11.0 21.0 10.7 21.4 9.1 21.4 11.0 21.3 11.2 21. 8 10.7 21.5 11.0 21. 2 10.8 21.8 10.6 22. 2 10.3 20.4 9.1 20.4 8.6 21.1 9.1 21.7 9.6 22.5 88.7 40.6 48 2 23.3 24.9 -3.3 27.8 91.2 42.7 48.5 24.7 23.9 -5.4 30.7 -81.3 -37.5 -43.8 25.2 -18.6 -4.8 33.5 88.6 40.4 48.3 23.1 25.2 -2.6 27.3 88.4 40.4 48.0 23.8 24.2 -.9 28.2 91.3 41.7 49.6 24.1 25.5 -4.2 29.1 93.0 43.5 49.5 24.1 25.5 -5.9 29.7 93.4 43.8 49.7 24.4 25.2 -6.0 30.4 89.9 42.1 47.9 25.0 22.9 -3.2 31.0 88.5 41.4 47.1 25.2 21.9 -6.5 31.7 82.6 38.0 44.6 25.2 19.4 -5.8 32.4 82.0 38.1 43.9 25.1 18.8 -4.5 33.1 84.4 38.9 45.4 25.4 20.0 -5.9 33.8 -76.3 -34.8 -41.4 25.1 -16.3 -3.0 34.5 -3.4 35.2 688.7 97.5 591.2 550.8 40.4 748.9 117.3 631.6 593. 9 37.6 801.0 116.3 684.8 634.6 50.2 680.9 92.6 588.4 543.8 44.6 697.6 102.1 595.6 559.1 36.5 712.5 106.5 606.0 566.4 39.6 725.8 113.8 612.0 577.7 34.3 741.1 118.1 623.0 589. 7 33.3 758. 1 117.5 640.6 598.7 42.0 770.5 119.9 650.6 609.6 41.1 782.3 117.0 665.3 620.5 44.8 801.3 117.7 683.6 632.1 51.5 807.2 114.2 693.0 640.2 52.7 813.3 116.1 697. 2 645. 5 51.8 831.4 116.4 714. 9 663.6 51.3 67.76 28.37 14.12 14.25 75.56 31.68 15.96 15.72 79.71 31. 95 15.80 16.15 16.85 6.99 3.36 3.63 16.79 7.13 3.54 3.59 19.03 8.10 4.16 3.94 16.04 6.58 3.36 3.22 18.81 7.82 3.98 3.84 19.25 8.16 4.03 4.12 21.46 9.12 4.59 4.53 17.47 7.14 3.59 3.56 20.33 8.15 4.08 4.07 20.26 7.99 3.87 4.12 21.66 8.66 4.26 4.40 39.40 1.63 1.45 2.56 1.59 10.20 7.66 2.54 6.83 15.14 43.88 1.86 1.86 2.51 1.68 11.61 8.94 2.67 8.30 16.05 47.76 1.89 1.78 3.03 1.23 13.14 10.65 2.49 10.10 16.59 9.86 .43 .37 .58 .42 2.62 1.94 .68 1.62 3.81 9.66 .39 .31 .64 .41 2.61 1.87 .74 1.61 3.69 10.93 .40 .38 .66 .47 2.90 2.16 .74 2.00 4.13 9.45 .42 .38 .68 .38 2.36 1.88 .48 1.81 3.41 10.99 .48 .44 .66 .46 2.99 2.22 .77 2.00 3.97 11.10 .47 .49 .53 .40 3.03 2.23 .80 2.11 4.07 12.34 .49 .55 .64 .44 3.23 2.61 .62 2.39 4.60 10.32 .45 .42 .73 .28 2.54 2.15 .39 2.14 3.76 12.18 .47 .47 .80 .31 3.28 2.59 .69 2.59 4.26 12.27 .46 .46 .74 .30 3.58 2.79 .78 2.56 4.16 12.99 .50 .43 .76 .33 3.74 3.12 .63 2.81 4.42 11.29 .44 .38 .45 .29 3.27 2.86 .41 13.00 .50 .53 .71 .36 3.89 3.29 .61 26.47 27.01 do do do do 66.29 27.84 13.51 14.33 67.77 28.86 14.47 14.40 69.05 28.70 14.39 14.31 72.52 29.99 15.47 14.52 73.94 31.16 15. 98 15.18 77.84 33.05 16.53 16.52 77.84 32.39 15.88 16.50 78.22 32.44 16.40 16.05 80.22 32.43 16.32 16.11 81.88 32.15 15.74 16.40 78.63 30.98 14. 92 16.05 80.55 30.28 14.67 15.62 i 82. 54 31.44 15.45 15.98 do do do do do do do do do do 38.45 1.66 1.49 1.98 1.49 10.24 7.64 2.60 6.42 15.17 38.91 1.57 1.29 2.69 1.65 9.82 7.50 2.32 6.67 15.22 40.35 1.52 1.34 2.87 1.75 10.63 7.74 2.89 7.34 14.91 42.53 1.83 1.68 2.89 1.87 11.52 8.62 2.90 7.74 15.00 42.78 1.88 1.76 2.22 1.66 11.68 8.71 2.97 7.92 15.67 44.80 1.89 2.06 2.23 1.65 11.48 8.98 2.50 8.71 16.78 45.46 1.85 1.94 2.80 1.63 11.80 9.36 2.44 8.76 16.67 45.78 1.92 1.74 2.94 1.37 12.14 9.77 2.37 9.14 16.52 47.79 1.84 1.88 2.88 1.12 12.72 10.15 2.57 10.38 16.98 49.73 1.86 1.96 3.24 1.22 13.84 11.34 2.50 10.62 17.00 51.10 50.27 47.66 1.94 1.85 1.96 1.62 2.11 1.56 1.80 2.54 3.08 1.42 1.33 1.22 15.51 15.12 13.68 13.03 12.86 11.20 2.48 2.26 2.48 10.20 15.97 2 28. 08 2 28. 04 12, 685 8,386 344 1,990 1,965 13,295 8,878 393 2,000 2,024 12,714 8,378 357 1,935 2,044 11,961 7,485 391 2, 089 1,996 14, 196 9,490 313 2,150 2,243 14, 592 9, 608 458 2,286 2,240 14, 767 9,890 352 2,314 2,211 15, 364 10, 252 256 2, 499 2,357 15, 798 10, 586 430 2, 307 2,475 15, 936 10, 700 339 2,394 2,536 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 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 DISPOSITION OF PERSONAL INCOMEf Quarterly Data Seasonally Adjusted at Annual Rates Personal income total bil $ Less' Personal tax and nontax payments do Equals: Disposable personal income do Less' Personal outlays© do Equals: Personal saving§ do NEW PLANT AND EQUIPMENT EXPENDITURES Unadjusted quarterly or annual totals:! All industries bil. $ Manufacturing do Durable goods industries 1 do Nondurable goods industries f do Nonmanufacturing Mining Railroad Air transportation _ Other transportation Public utilities ... Electric ... Gas and other Communication Commercial and other . . __ . Seas. adj. qtrly. totals at annual rates:]: All industries Manufacturing Durable goods industries 1 _ Nondurable goods industries 1 . Nonmanufacturing Mining. Railroad Air transportation Other transportation Public utilities Electric Gas and other Communication Commercial and other . do _do_ do do .do do do do do do U.S. BALANCE OF INTERNATIONAL PAYMENTScf Quarterly Data Are Seasonally Adjusted (Credits +; debits -) Exports of goods and services (excl. transfers under military grants) mil $ Merchandise adjusted excl military do Transfers under military sales contracts do Income on U.S. investments abroad do Other services do - 800. ! I .."".". 50, 626 33, 588 1,396 7,690 7,952 55, 516 36, 473 1,514 8,839 8,690 62, 962 42, 041 1, 479 9, 617 9,825 Imports of goods and services do -48, 127 -53,566 -59, 293 -11,832 -12, 444 Merchandise, adjusted, excl. military do -32, 964 -35,835 -39, 856 -8, 132 -8, 569 Military expenditures do -4, 535 -4,850 -4, 838 -1, 112 -1,147 -732 -761 Income on foreign investments in the U.S._do -2, 932 -4,463 -5,110 Other services do -7,696 -8,418 -9, 489 -1, 856 -1,967 Unilateral transfers, net (excl. military grants); transfers to foreigners (— ) mil. $__ -2,829 -2,835 -3, 036 -757 -675 T Revised. *> Preliminary. i Estimates (corr icted for systema tic biases) for Ja i.Mar. and Apr.-June 1971 based on expected capital expenditiires of b usiness. E xpected ex2 In<eludes co iiipenditures for the year 1971 appear on p. 20 of the Mar. 197 L SURVE Y. munication. fSee corresponding note on p. S-l. 9 Includes inv entory va luation cidjustment. J Revised series; explanation of revisio is and an nual anc quarterb? data biick to 1947 appear on pp. 25 ff. of the Jan. 1970 Su^fEY; see a Iso pp. 19 ff. of th e Feb. 1 370 SURVEY. ©Personal outlays comprise persona i consum ption e tpenditur BS, inter est 25.8 t 17. 96 i 20. 89 7.89 6.67 3.86 3.21 4.03 3.46 pl5, 831 plO, 503 p 454 p 2,417 p 2, 457 -12, 374 -11,630 -13,934 -13,927 -14,075 -14,518 -14,759 -14,969 p-15,047 -8, 443 -7,588 -9,562 -9,281 -9,404 -9,729 -9,829 -9,987 p-10,311 -1,173 -1, 198 -1,187 -1,220 -1,245 -1,178 -1,255 -1,210 p-1,195 -762 -905 -1,071 -1,240 -1,247 -1,343 -1,320 -1,287 p- 1,160 -1,996 -1,939 -2,114 !-2, 186 -2,179 -2,268 -2,355 -2,485 p-2, 381 -800 -721 p-77Q -690 -812 -721 -612 -768 -739 §P ersonal saving is paid )y constimers, aiid perso lal trans for payn icnts to foreignei s. excess of dispo sable inc ome ovei • persona outlays f D f it a for in dividual durable and noii iurable ?oods inc ustries c omponei its appear in the Mar., June, Se pt., and Dec. iss ues of th e SURVE Y. c^ lore con iplete de ;ails are given in the qilarterly 'eviews i 11 the Ma r., June, Sept., a id Dec. i ssues of ulie SUR\ EY. «In eludes tl ic retroa 2tive pay increase for Fed sral persemnel.
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