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SURVEY OF CURRENT BUSINESS

October 1969

NATIONAL INCOME AND PRODUCT TABLES
1968

1967

1968

II

III

1969

1968

II

IV

1967

1968

II

Seasonally adjusted at annual rates

III

1969

II

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
Durable goods
Nondurable goods
Services

-

--

Gross private domestic investment
Fixed investment
Nonresidential
Structures
Producers' durable eouipment

- -

Residential structures
Nonfarm

- -

--

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..

-

865.7

858.7

876.4

892.5

908.7

924.8

942.3

674.6

707.6

705.8

712.8

718.5

723.1

726 7

492.3 536.6

530.3

544.9

550.7

562.0

572.8

581.6

430.3

452.6

449.0

458.2

457.6

462.9

466.2

73.0
215.1
204.2

83.3
230.6
222.8

81.8
228.5
220.0

85.8
233.3
225.8

86.3 88.4
234.3 238.6
230.1 235.0

90.6
242 1
240.1

90.3
246.4
244.9

72.8
190.3
167.2

80.7
196.9
175.0

79.5
195.8
173.7

83.0
198.7
176.5

82.7
197.2
177.7

84.3
199 3
179.3

85 9
199 3
181.0

793.5

- -

Personal consumption expenditures

---

116.0

126.3

126.6

125.2

133.9

135.2

137.4

140.9

100.8

105.7

106.6

104.1

110.9

109.9

110.8

108.6

119.0

116.7

118.0

123.4

128.6

130 5

131 6

93 9

99.1

97 6

97 7

101 4

104 0

104 8

83.7
27.9
55 7

88.8
29.3
59 5

86.4
28.3
58 1

88.1
29.0
59 1

91.5
30.1
61 4

95 3
32.3
63 0

97 8
32 1
65 7

100 5
34.0
66 5

73 6
22.6
51 0

75 8
22.7
53 2

74 0
22.0
52 0

75 0
22.2
52 7

77 3
22 9
54 4

79 4
23 9
55 5

81 0
23 3
57 7

25.0
24.4

30.2
29.6
5

30.3
29.7

29.9
29.4

31.9
31.4

33 S
32.8

32.7
32.2

31.1
30.6

20.3
19.8

23.3
22.8

23.5
23.1

22.7
22.3

24.1
23.7

24.6
24.2

23 8
23.4

7.4
6.8
.6

7.3
7.4
—.1

9.9
10.3
—.4

7.2
7.5
-.3

10.5
10.7
-.2

6.6
6.6
.0

6.9
6.7
.2

9.4
8.9
5

6.9
6.3
.6

6.6
6.7
—.1

9.0
9.4
—.3

6.4
6.7
-.3

9.6
9.8
-.2

5.9
5.9
.0

60
5.8
2

5.2

2.5

3.4

3.6

1.2

1.5

1.6

2.0

3.6

.9

1.3

1.7

-.2

-.3

-.5

46.2
41.0

50.6
48.1

50.7
47.3

53.4
49.7

50.6
49.4

47.6
46.1

57 1
55.5

57 5
55 5

42.1
38.5

45.6
44.7

45 2
43.9

48.0
46.3

45.5
45.7

41.9
42.2

50 4
50 8

180.1

200.3

198.4

202.5

206.7

210.0

212.9

217.8

140.0

148.4

148.9

148.8

150.2

150.6

150.2

90.7
72.4
18.4

99.5
78.0
21.5

99.0
77.9
21.1

100.9
78.8
22.1

101.9
79.3
22.5

101.6
79.0
22.6

100 6
78.5
22.1

103 3
80.6
22.7

74.8

78 9

79 6

79 2

79.4

78.3

76 3

89.3

100.7

99.4

101. 7

104.8

108.5

112.3

114.5

65.2

69.5

69.3

69.6

70.8

72.3

73.9

730.4

Table 2.—Gross National Product by Major Type of Product in Current and Constant Dollars (1.3, 1.5)
Gross national product
Final sales
Change in business inventories

793.5

865.7

858.7

876.4

892.5

908.7

924 8

942 3

674.6

707.6

705 8

712 8

718.5

723.1

726 7

786.2
7.4

858.4
7.3

848.8
9.9

869.2
7.2

882.0
10.5

902.1
6.6

917 9
69

933.0
9.4

667.7
6.9

701.0
6.6

696.8
9.0

706.3
6.4

709.0
9.6

717.2
5.9

720.7
6.0

9.4

398.4

431.1

429.2

437.0

443.5

447.9

456.5

362.7

381.3

380.8

385.5

388.2

389.1

391.6

Final sales
Change in business inventories

391.0
7.4

423.7
7.3

419 3
9.9

429 9
7.2

433 0
10.5

441.3
6.6

449 6
69

355 7
6.9

374.7
6.6

371 7
9.0

379.1
6.4

378.7
9.6

383.2
5.9

385.7
6.0

Durable goods
Final sales
Change in business inventories

160 9
157 0
39

176 7
171 4
53

175 7
168 9
68

178 8
173 7
51

184 0
176 6
7 4

186 4
181 6
48

190 3
185 5
49

152 0
148 5
35

162 8
158 0
4 7

162 3 164 5
156 2 159 9
61
4 5

167 8
161 2
6.5

169 0
164.8
4.2

171 4
167 3
4.1

237.5
234 1
3.5

254 4
252 3
2.0

253 5 258 3
250 4 256 1
21
31

259 5 261 5 266 2
256 4 259 7 264 1
18
31
21

210 7
207 3
34

218.6
216 7
1.9

218 4
215 5
2.9

221.1
219 2
1.9

220.5
217 5
3.0

220.2
218.4
1.7

220.2
218 4
1.9

316.7

347.5

343.4

353.2

358.5

365.8

373.4

249.1

259.9

258.9

262.4

262.7

264.6

267.0

78.4

87.1

86.0

86.1

90.6

94.9

94.8

62.9

66.4

66.2

64.8

67.5

69.3

68.0

Goods output

-._

Nondurable goods
Final sales .
Change in business inventories
Services

__

Structures

_
__

.
_

730.4

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
"Preliminary.




793.5

865.7

858.7

876.4

892.5

764 9

779 2

794 o

708 2

770-5

681 0
656 6
24.4

740 6
715 7
24 9

734 6
709 8
24 8

749 3
724 1
25 2

763 1
738 4
24 7

22 7

25 2

25 4

25 0

26 0

45

85.3

4 7

95.2

49
93 8

49
97 1

49

98.5

908.7

924 8

942.3

674.6

707.6

705.8

712.8

718.5

723.1

726.7 730.4

658.3

662.6

665.8 669.2

822 7

836 1

617 0

647 9

646 1

652.6

776 7
751 1
25 7

790 5
763 0
27 6

803 3
775 6
27 7

597 3
573 5
23 7

627 5
604 2
23 3

625 3
602 3
23.0

632 1
608.8
23.4

637.5
614.6
22.9

641.5
617.8
23.7

644.8
621.1
23.7

648.1
624.0
24.1

27 2

28 3
39

29 0

15 4

15 9

16 1

15.7

16.2

16.8

17.2

17.5

4.3

3.7

3.7

60.9

61.1

808 5

4 5

100.2 102 1

38
10U 2

43

57.6

4 5

59.7

47

59.8

4 7

60.2

4 6

60.2

60.5

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 (t), 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.
1966

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

1966

1967 | 1968
III

Annual total

1967

IV

I

II

1969

1968
III

IV

I

II

III

rv

I

|

II

HIP

Seasonally adjusted quarterly totals at annual rates

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

- -

- - bil. $

749.9

793.5

865.7

755 9

770.7

774.2

783 5

800 4

816 1

835 3

858 7

876 4

892 5

908.7

924.8

942.3

Personal consumption expenditures, total

do

466.3

492.3

536.6

471.2

474.5

480.9

489.8

495.7

502.6

520.6

530.3

544.9

550.7

562.0

572.8

581.6

Durable goods, total 9
Automobiles and parts
Furniture and household equipment

do
do
do

70 8
30.3
29.9

73 o
30.5
31.3

83 3
37.0
34.2

71 3
30.2
30.6

71 9
30.5
30.7

70 0
28.4
30.7

73 5
31.3
31.2

73 3
30.9
31.2

75 2
31.2
32.2

79 5
34.8
33.4

81 8
35.6
33.8

85 8
38.6
35.0

86 3
39.0
34.6

88 4
39.4
35.5

90.6
40.0
36.8

90.3
41.2
35.8

_ do *.
do
do
.do _

206 9
40.3
105 8
16.6

215.1
42.5
108.1
17.7

230.6
46.3
115 0
19.1

209.6
41.1
106 7
16.7

209.1
40.9
105.6
17.0

213 2
41.7
107 8
17.3

214 4
42.6
107 6
17.5

215 8
42.9
108 1
17.9

216 8
42.7
108 9
18. 1

226 1
45.0
112 6
18 9

228 5
45.6
114 8
18 8

233 3
47.4
116 1
19 5

234 3
47.3
116 4
19 5

238.6
48.1
118.4
20.4

242.1
50.0
119.1
21.0

246.4
51.0
120.8
21.8

do
do_ _
do
do

188 6
27.1
67 5
13.6

204.2
29.1
71 8
14.7

222 8
31.2
77 4
16.1

190 2
27.6
67 9
13.6

193.5
27.9
69 0
14.1

197 7
28.2
70 1
14 4

201 8
29.0
71 1
14 5

206 6
29.3
72 3
14 8

210 6
30 1
73 7
15 0

215 1
30.5
75 2
15 5

220 0
30 7
76 7
15 9

225 8
31.6
77 9
16 3

230 1
31.9
79 8
16 5

235.0
32.7
81.3
17.1

240.1
33.1
82.8
17.3

244.9
33.9
84 5
17.7

do

121.4

116.0

126.3

119.6

126.2

113.6

109.4

117.7

123.3

119.4

126.6

125.2

133.9

135.2

137.4

140.9

do
_ .do
do
do
__ do
do
do
_ .do

106 6
81.6
28 5
63.1
25.0
24 5
14.8
15.0

108 6
83.7
27 9
55.7
25.0
24 4
7.4
6.8

119 0
88 8
29 3
59.5
30.2
29 6
7.3
7.4

107 7
83 0
29 0
54.0
24.7
24 2
11.9
12.4

106 3
84.2
28 2
56.0
22.1
21 5
19.9
20.4

104 7
83.3
29 0
54.2
21.4
20 9
9.0
9.1

106 1
83 0
27 2
55.8
23 1
22 5
3.4
30

109 9
83.5
27 8
55.7
26.5
25 9
7.8
7.0

113 8
85 0
27 8
57.2
28 8
28 3
9.5
80

117 7
89 1
29 8
59.4
28.6
28 0
1.6
1.3

116 7
86 4
28 3
58.1
30 3
29 7
9.9
10 3

118 0
88 1
29 0
59.1
29 9
29 4
7.2
7.5

123 4
91 5
30 1
61.4
31.9
31 4
10.5
10.7

128.6
95.3
32 3
63.0
33.3
32 8
6.6
6.6

130.5
97.8
32.1
65.7
32.7
32.2
6.9
6.7

131 6
100.5
34 0
66.5
31. 1
30 6
9.4
8.9

do
do
do

5.3
43 4
38 1

5.2
46 2
41.0

2.5
50 6
48 1

4.4
43 7
39 3

4.9
44 8
39.9

5.4
45 8
40 4

5.8
45 9
40 1

5.6
46 3
40 7

3.8
46 7
42 8

1.9
47 7
45 9

3.4
50 7
47 3

3.6
53 4
49 7

1.2
50 6
49 4

1.5
47 6
46.1

1.6
57.1
55.5

2.0
57 6
55 5

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

156.8
77.8
60 7
79 0

180.1
90.7
72 4
89.3

200.3
99.5
78 0
100 7

160.7
80.5
63 3
80 1

165.2
82.1
65 6
83 0

174.2
$7.8
69 9
86 4

178.5
90 3
71 9
88 1

181.3
91.3
73 0
90 0

186.4
93 5
74 6
92 9

193.4
96 3
76 1
97 1

198.4
99 0
77 9
99 4

202.5
100 9
78 8
101 7

206.7
101.9
79 3
104 8

210.0
101.6
79 0
108.5

212.9
100.6
78.5
112.3

217.8
103 3
80 6
114 5

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

do
do
do
do
_ _ do
do

735 1
368 5
146 2
222 3
289 1
77 5

786 2
391 0
157 0
234 1
316.7
78 4

858 4
423 7
171 4
252 3
347 5
87 1

744 0
373 4
148 1
225 3
293.2
77 4

750 8
377 2
151 8
225 4
298.4
75 3

765 2
382 5
151 9
230 7
306.4
76 3

780 2
392 5
158 3
234 2
312 0
75 6

792 6
393 3
157.7
235 5
320.1
79 3

806 6
395 8
160 0
235 9
328 4
82 4

833 6
412 8
166 4
246 5
335.0
85 8

848 8
419 3
168 9
250 4
343 4
86 0

869 2
429 9
173 7
256 1
353 2
86 1

882 0
433 0
176 6
256 4
358 5
90 6

902.1
441.3
181.6
259.7
365.8
94.9

917.9
449 6
185.5
264 1
373.4
94 8

933 0

do
do
do

14.8
10 5
4 3

7.4
39
3.5

7.3
53
20

11.9
10 2
17

19.9
13 2
67

9.0
4 2
4.7

3.4
15
18

7.8
44
3.4

9.5
56
39

1.6
19
—.3

9.9
68
31

7.2
51
21

10.5
74
31

6,6
48
1.8

6.9
4 9
2.1

9.4

730.4

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
N onfarm
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 t

-

Personal consumption expenditures, total
Durable goods
Nondurable goods
Services _

_

Gross private domestic investment, total

bil. $._

658.1

674.6

707.6

660.2

668.1

666.5

670.5

678.0

683.5

693.3

705.8

712.8

718.5

723.1

726.7

do

418.1

430.3

452.6

421.3

420.7

424.4

430.5

431.9

434.3

445.6

449.0

458.2

457.6

462.9

466.2

do
do
do

71 7
187 0
159 4

72 8
190 3
167 2

80 7
196 9
175 0

72 3
188 7
160 2

72 3
187 0
161 5

70 3
190 2
163 9

73 9
190 6
166 1

73 0
190.3
168 6

73 9
190 2
170 3

77 7
196 0
171 8

79 5
195 8
173 7

83 0
198 7
176 5

82 7
197 2
177 7

84.3
199.3
179 3

85.9
199.3
181 0

do

109 3

100.8

105 7

107.1

112.5

100.5

95 7

101.6

105.4

101.2

106.6

104.1

110.9

109.9

110.8

Fixed investment
NonresidentiaL.
Residential structures...
Change in business inventories

_ do
do
do
do

95 4
74 1
21 3
13.9

93 9
73 6
20 3
6.9

99 1
75 8
23 3
66

96 0
75 0
20 9
11 1

94 0
75 4
18 6
18.5

92 0
74 1
17 9
85

92 6
73 5
19 0
31

94.3
73 1
21 2
7.4

96 7
73 8
23 0
8.7

99 8
77 1
22 7
1.5

97 6
74 0
23 5
90

97 7
75 o
22 7
6.4

101 4
77 3
24 1
9.6

104.0
79 4
24.6
5.9

104 g
81 0
23 8
6 0

Net exports of goods and services

do

4.2

3.6

.9

3.2

3.3

4.0

4.2

4.1

2.0

.9

1.3

1.7

-.2

-.3

—.5

Govt. purchases of goods and services, total, .do
126.5
140.0
148.4
128.7
131.6
Federal
do
65.4
74 8
68 6
78 9
67 3
State and local
_
do
65.2
61.4
69.5
61.1
63.0
r
Revised.
* Preliminary.
t Revised series. Estimates of national income and product
and personal income have been revised back to 1965 (see p. 13 ff. of the July 1969 SURVEY);




140.4
141.7
145.6
148.9
148.8
150.2
137.6
150.6
140.1
150.2
75 7
77 3
79.6
72 8
79 2
79 4
78.3
75 1
75.5
76 3
64.9
68.3
69.3
64.8
65.0
66.0
69.6
70.8
72.3
73.9
revisions prior to May 1968 for personal income appear on p. 26 ff. of the July 1969 SURVEY.
9 Includes data not shown separately.

s-l

SURVEY OF CURRENT BUSINESS

S-2
Unless otherwise stated, statistics through 1966
and descriptive notes are shown in the 1967
edition of BUSINESS STATISTICS

1966

1967

196S

Annual total

1966

IV

October 1969
1968

1967

I

II

III

IV

I

II

1969

III

IV

I

II

III*

IV

GENERAL BUSINESS INDICATORS—Quarterly Series—Continued
NATIONAL INCOME AND PRODUCT— Con.
Quarterly Data Seasonally Adjusted at Annual Rates
637.3

639.3

646.2

513.6

449.7

456.2

461.1

470.7

481.7

495.1

465.0
369.0
18.0
78.0
48.6

407.4
326.2

413.2

417.7

426.5
339.6

436.5
346.3

448.2
355.9

15.9
68.8
43.4

16.1
70.8
44.2

17.0
73.2
45.1

17.3
75.0
47.0

60.8
46.5
14.3
20.6

61.7
47.1
14.7
20.8

62.6
47.8
14.8
20.9

62.3
47.5
14.9
21.0

83.7

78.3

78.3

79.1

10.1
73.6
42.9
18.7
24.2

10.2
68.1
39.2
18.2
21.0

10.3
68.0
38.8
17.9
20.8

10.5
68.6
38.3
18.0
20.4

11.6
20.4

11.9
18.9

10.9
18.0

10.7
18.5

80.3
33.0
47.3
21.5
25.9
—1.1
24.7

91.1
41.3
49.8
23.1
26.7
-3.2
28.0

83.2
33.9
49.3
20.2
29.1
.5
22.8

78.4
32.3
46.1
21.1
24.9
-.1
23.5

587.2
75.4
511.9
479.3
32.5

629.4
82.9
546.5
506.2
40.4

687.9
97.9
590.0
551. 6
38.4

605.0

615.2
80.8

525.6
487.8
37.7

40.0

bil. $
_ do_
do
do

60.63
26.99
13.99
13.00

61.66
26.69
13.70
13.00

64.08
26.44
13.51
12.93

17.00
7.75
4.07
3.68

do
do_
do
do
do
do

1.47
1.98
3.44
8.41
5.62
12.74

1.42
1.53
3.88
9.88
5.91
12.34

1.42
1.34
4.31
11.54
6.36
12.67

620.6

654.0

435.5

467.4

394.5
316.8
14.6
63.1
41.0

423.5
337.3
16.2
70.0
43.9

15.5
65.7
42.3

15.8
67.2
43.0

61.3
45.2
16.1
20.0

61.9
47.2
14.7
20.8

63.8
49.2
14.6
21.2

60.8
45.8
15.0
20.3

82.4

79.2

87.9

9.7
72.7
42.6
18.6
24.0

10.5
68.8
39.0
18.1
20.9

11.5
76.4
44.4
19.9
24.5

11.9
18.2

10.8
19.0

84.2
34.3
49.9
20.8
29.1
-1.8
21.4

bil $
do
do
do
do

Unadjusted quarterly or annual totals:
All industries
.
.
Manufacturing
Durable goods industries^
Nondurable goods industriesl
Mining _
Railroad
Transportation, other than rail
Public utilities _
Communication
•
Commercial and other

National income, totalf

-

- bil. $_

Compensation of employees, total

__do

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

_

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
Corporate profits tax liability
Corporate profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment
Net interest

do
do
do
do
do
do .
do

714.4

330.2

658.5

724.1

737.3

751.3

765.7

507.0

519.8

532.3

546.0

558.2

571.7

459.0
364.5

470.7
372.7

482.1

382.8

504.3
402.0

17.6
76.8
48.0

18.7
79.3
49.1

493.3
392.5

18.4
84.0
53.8

516.6
410.0
20.1
86.6
55.0

63.2
48.4
14.8
21.1

63.6
49.2
14.3
21.2

64.1
49.3
14.8
21.2

64.1
49.7
14.4
21.4

64.6
49.7
14.9
21.5

66.5
50.1
16.4
21.6

67.3
50.5
16.8
21.7

81.1

82.5

88.2

90.6

90.3

89.5

89.2

10.8
70.3
39.5
18.3
21.2

11.0
71.6
41.1
19.1
22.0

11.2
76.9
44.9
19.8
25.1

12.1
78.5
45.4
20.4
25.0

11.9
78.5
46.2
20.4
25.8

12.3
77.2
45.1
20.3
24.7

12.7
76.5
44.9
21.0
23.9

10.8
19.5

10.9
19.9

11.3
19.1

11.5
20.6

12.0
21.0

11.6
20.7

11.8
20.3

11.7
19.9

79.1
32.6
46.4
21.7
24.8
—.7
24.3

79.5
32.5
47.0
22.0
25.0
-.4
25.1

84.4
34.5
49.9
21.1
28.8
-3.3
25.9

87.9
39.9
47.9
22.2
25.7
-5.3
26.7

90.7
41.1
49.7
22.9
26.7
-2.6
27.5

91.5
41.4
50.0
23.6
26.5
-.9
28.4

94.5
42.9
51.6
23.8
27.8
-4.2
29.3

95.5
43.4
52.2
23.8
28.4
-6.1
29.8

95.4
43.6
51.8
24.3
27.5
-6.2
30.3

-3.6
30.9

622.2

634.5

645.9

664.3

696.1
102.6

711.2
107.0

740.5

756.2

559.8

680.1
92.7

724.4

550.3
509.7

622.0
588.8

638.8
597.7

333.0

672.0

688.8

707.4

18.3
80.9
50.2

18.2
82.5
52.7

24.9

DISPOSITION OP PERSONAL INCOMEf
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§

79.4

534.4
494.5

80.6
541.6

503.9

84.1

86.1

89.3

575.0

587.4

593.4
560.2

604.3
566.2

33.2

38.0

114.2
610.2

577.7

118.5

117.4

33.3

41.1

37.7

40.7

516.6
43.1

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

14.25
5.79
2.96
2.82

15.86
6.50
3.22
3.28

16.02
6.63
3.37
3.25

17.95
7.52
3.95
3.57

15.21
6.21
3.26
2.95

17.73
7.35
3.83
3.52

.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

.36
.37
.98
2.33
1.48
2.93

.36
.36
1.04
2.97
1.51
3.11

.34
.30
1.12
2.96
1.50
3.18

.35
.30
1.18
3.28
1.86
3.46

.36
.32
1.06
2.66
1.68
2.91

.41
.35
1.14
3.38
1.86
3.23

27.85

61.50

60.90

62.70
26.00

64.75
26.35

62.60
25.80

63.20
26.65

65.90
26.85

68.90
28.20

70.20
29.30

535.1
39.9

545.1
42.3

32.5

NEW PLANT AND EQUIPMENT
EXPENDITURES

.

Seas. adj. qtrly. totals at annual rates:
All industries
Manufacturing
Durable goods industriesl

do
do
do

62.80
27.75

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

do
do_
do
do
do
do

_

61.65

27.00

14.20
13.70

13.75
13.25

26.15
13.50
12.65

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

11, 196

11,461
7,688

11,484
7,723

333
1,612
1,828

335
1,580
1,846

14.50
13.25

13.90
12.95

15.00
13.20

1.35
1.20
4.60
10.90
6.15
12.35

1.35
1.15
4.80
12.00
6.95
12.75

1.55
1.35
4.80
13.05
7.25
12.75

1.65
1.35
4.00
13.20
7.40
13.30

13,344
8,879

12,653
8,383

11,913
7,469

14,184
9,588

12.80
13.00

13.65
13.05

1.55
1.65
4.35
11.60
6.35
12.85

1.40
1.40
3.65
11.65
5.90
12.80

11,934

12,668
8,395

13.50
12.55

13.65
12.70

1.45
1.40
4.10
9.80
6.05
11.95

1.50
1.40
4.45
10.65
6.05
12.65

11,577
7,669

11,667

15.35
13.95

118.16 2 19. 76
7.56
3.91
3.64

8.57
4.43
4.14

.41
.40
1.12
3.35

.38
.40
1.20
3.34

35.31

35.88

i 72. 25 2 72. 10

30.45

30.55

15.80
14.60

15.50
15.05

1.60
1.70
4.65
12.70

1.45
1.50
4.85
12.20

321.20 3 21. 55

U.S. BALANCE OF INTERNATIONAL
PAYMENTSc?
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

43, 361
29,389
829
6,252
6,891

46, 189
30,681
1,239
6,872
7,397

50,599
33,598
1,428
7,701
7,872

7,564
210
1,640
1,782

-38,082 -41,012 -48,077 -9,973 -10,100
Imports of goods and services
do
-25,463 -26,821 -32,972 -6, 676 -6, 660
Merchandise adjusted excl military
do
-3,764 -4, 378 -4, 530
-987 -1,085
Military expenditures
do
-591
-2, 142 -2, 362 -2,932
-584
Income on foreign investments in the U.S__do
-6, 713 -7, 451 -7,643 -1,719 -1,771
Other services
do
Unilateral transfers, net (excl. military grants);
-640
-691
transfers to foreigners (— )
mil. $_ _ -2,833 -2,998 -2,865
T
Revised.
* Preliminary.
»2 Estimates for July-Sept. 1969 based on anticipat<jd capital expenditiires of biisiness.
Estimates for Oct.-Dec. 1969 based on anticipated capital 63Ependiturcjsofbusi ness. AntJcipated expenditures for the year 1969 are as follows (inbil.$): All indus tries, 70.i35; manu facturing, total, 29.68; durable goods industries, 15.43; nondurable goods indiistries, 1*1.25; mini ng,
5m1.56; railroad, 1.47; transportation, 4.52; public uti ities, 12.7 4; commtmication , 7.55; C(
mercial and other, 13.33.
3 includes communicati DH.
tSee corresponding note on p. 8-1.
9 Includes i nventory valuation adjustm ent.




239
1,801
1,868

7,601
332
1,879
1,855

7,941
305
1,771
1,917

353
1,973
1,947

406

2,040

2,019

364
1,917
1,989

418
2,120
1,906

2,135
2,130

-10,033 -10,173 -10,706 -11,463 -11,827 -12,435 -12,352 -11,550 -13,90
-6, 465 -6,542 -7,154 -7,817 -8, 131 -8,566 -8,458 -7,572 -9,59
-1,075 -1,106 -1, 112 -1,102 -1,116 -1,143 -1, 169 -1,204 -1,21
-591

-580

-607

-671

-742

-770

-749

-1,902 -1,945 -1,833 -1,873 -1,838 -1,956 -1,976

-892

-1,882

-1,07
-2,01

-601 *-765
-774
-635
-766
-648
-690
-836
-823
©P ersonal c utlays comprise personal consum ption ex]Denditunjs, interest paid by coosumei s, and p<irsonal ti•ansfer pelyments to foreigclers.
§Pe rsonal sa ving is 63tcessof d isposable income over pers onal out ays.
1fD£ ita for in dividual durable and non durable goods inclustries csomponeiits appear in the
Mar., June, Se pt., and Dec. issu es
of the SURVEY.
r
d"M ore comi:)lete deta Us are giv en in the quarterl y review 5 in the ftlar., Jime, Sept., and Dec.
JBVEY.
I
r. of the JFune 1969 issue.
issues of the Si
Revised <3Lata back: to 1960appear on p . 29 fl