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SURVEY OF CURRENT BUSINESS October 1972 11 NATIONAL INCOME AND PRODUCT TABLES 1971 1970 1971 II III 1971 1972 IV I II III* 1970 1971 II Seasonally adjusted at annual rates III 1972 IV I II III 9 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.... 976 4 1,050 4 1,043 0 1 056 9 1 078 11 109 11 139 4 1 162 2 722 1 741 7 737 9 742 5 754 5 766 5 783.9 795.3 616 8 664 9 660 4 670 7 680 5 696 1 713 4 728 1 477 0 495 4 493 0 497 4 503 2 511 0 520 9 528 7 __ 90.5 264.4 261.8 103 5 278 1 283.3 101 9 277.2 281.3 106 1 278 5 286 1 106 1 283 4 290 9 111 0 288 3 296 7 113 9 297 2 302 4 118 4 301 4 308 3 83 1 207.0 186.8 92 1 211.1 192.2 90 0 211.2 191.8 94 2 210 5 192.8 95 4 212 8 195.0 98.6 214.7 197.7 100 7 220 1 200.0 104 4 221.7 202.6 Gross private domestic investment Fixed investment. _. 137 1 132 2 152 0 148 3 153 0 146 4 152 2 150 9 158 8 157 2 168 1 167 7 177 0 172 0 181 0 175 3 104 0 99.9 108 6 105 9 110 0 104 7 107 3 106 6 112 0 111.3 116.6 116.3 122 0 118 0 123.9 119.4 100 9 36 0 64 9 105 8 38 4 67 4 105 0 38 3 66 7 106 3 38 7 67 6 109 8 38 8 71 0 116 1 41 3 74 8 119 2 42 0 77 2 121 1 41 6 79 4 77 6 23 6 54 0 76 8 22 8 54 0 76 4 23 0 53 3 76 4 22 5 53 9 79 2 22 2 67.0 82.2 23.0 59.2 83 6 23 0 60 6 84 4 22 5 61 9 31.2 30 7 5 42.6 42 0 6 41.4 40 9 5 44 5 43 9 7 47.3 46 7 6 51.6 51 0 6 52.8 52 1 6 54 2 53 4 3 22.3 22 0 4 29.1 28 7 4 28.3 28 0 4 30.1 29 7 5 32.1 31 7 4 34.2 33.8 .4 34.4 34 0 .4 35.0 34 5 5 4.9 48 1 3.6 24 12 6.6 51 15 13 _ 2 16 1.7 g g .4 1 3 5.0 43 .7 57 53 4 4.1 40 0 2.6 16 1i 6.3 40 13 .7 — 6 13 .7 — i .8 .3 -.1 .3 3.9 34 .5 4.5 42 3 Personal consumption expenditures Durable goods. _ Nondurable goods Services.... _ Nonresidential Structures Producers' durable equipment Residential structures Nonfarm Farm C hange 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 36 .7 .1 4 -2 1 —4.6 -5.2 —3 4 2.2 .1 —.7 .1 -1.8 —3.3 -2.8 -.8 62 9 69 3 66 1 65.4 66 7 66 6 68 5 68 2 63 0 65.1 70 7 75.3 70.0 75.2 75 0 78 4 52 2 60.0 52 6 52.5 63.0 53.8 54.4 54.3 49.9 51.7 65.5 58.9 54.2 57.0 57.7 58.5 219.0 232.8 229.5 233.6 240.9 249.4 254.1 256.6 139.0 137.6 135.7 137.6 141.1 142.2 143.9 143.6 96 5 75.1 21.5 97.8 71.4 26.3 96.3 71.2 25.0 97 9 70.1 27.8 100.7 71.9 28.7 105.7 76.7 28.9 108.1 78.6 29.6 106 2 75 2 31 0 64 7 60.8 59.7 61.0 62.3 62.8 63.7 61.6 122.5 135.0 133.3 135 7 140.2 143.7 146 0 150 4 74.3 76.8 76.0 76.7 78.8 79.4 80.3 81.9 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 Goods output _ 976.4 1,050.4 1,043.0 1,056.9 1,078.1 1,109.1 1 139 4 1 162 2 722.1 741.7 737.9 742.5 754.5 766.5 783.9 795.3 971 5 1 046 7 1 036 4 1 055 6 1 076 4 1 108 6 1 134 4 1 156 6 4 49 36 50 66 ' 1 3 17 57 718 0 41 739 1 26 732.6 5.3 741.7 .7 753.8 .7 766.3 .3 780.0 3.9 790.8 4.5 385 8 393.8 391.0 394.5 400.4 407.0 420.7 428.0 385 7 5.3 393.7 .7 399.7 .7 406.8 .3 416.7 3.9 423.4 4.5 471.9 495.5 467 0 4.9 491 8 3.6 485 8 6.6 496 2 1.3 Durable goods ... Final sales Change in business inventories 184 9 183.0 1.9 195 7 194 6 1.1 194 5 191 0 36 Nondurable goods Final sales ___• Change in business inventories 287 0 284 0 30 299 8 297 3 2 5 409 2 95 4 Final sales Change in business inventories . Services . Structures..- 492.4 497.5 504.8 517 6 537 1 503 1 1.7 517 2 .4 532 1 5.0 543 1 57 381 7 4.1 391 2 2.6 196 7 197 7 —1 0 198 2 200 1 —1 9 209 2 208 8 4 217.6 214.6 3.0 222 2 220 7 15 160 0 158 6 14 164.5 163.8 .6 162.8 160.0 2.8 164.9 166.0 -1.1 167.4 169.5 -2.1 175.0 174.8 .3 181.4 179.1 2.3 184.8 183.6 1.2 297 9 294 8 31 300 8 298 5 23 306 6 303 0 35 308 4 308 4 o 319.6 317.5 2.1 326 5 322 4 41 225 8 223 2 26 229 4 227. 3 2.0 228.3 225. 7 2.6 229.5 227.7 1.9 233.0 230.2 2.8 232.0 232.0 .0 239.2 237.6 1.6 243.2 239.8 3.4 443 9 441 1 446 7 456 3 467 3 477 3 487 5 272 5 278.4 278.2 278.4 282.3 285.2 289.3 293.5 111 0 109 5 112 7 117.0 124 2 125 0 126 0 63.8 69.5 68.8 69.6 71.8 74.3 74.0 73.9 754.5 766.5 783.9 795.3 705.6 723.0 733.7 710.4 688.0 22.4 18.1 548 7 Table 3.—Gross National Product by Sector in Current and Constant Dollars (1.7, 1.8) Gross national product Private Business Nonfarm Farm 976 4 1 050 4 1 043 0 1 056 9 1 078 11 109 11 139 4 1 162 2 861 8 _ . Households and institutions Eest of the world General government - 925 6 919 3 931 4 950 2 976 6 1 005 0 1 024 9 722.1 661.3 741.7 681.0 737.9 677.5 742.5 681.7 693.7 826 3 797 3 28 9 884 7 853 9 30 9 878 7 848 5 30 2 890 9 859 6 31 2 906 6 874 5 32 1 933 7 901 8 31 9 960 8 928.2 32.6 979 3 946 3 33 0 640 7 616 0 24 7 658 5 633.0 25.5 654.8 629.3 25.4 659.8 633.9 25.9 669.8 644.8, 25.0 682.9 659.2 23.8 700.1 676. 4 23.8 30 9 33 9 33 2 34 3 35 1 36 0 37.3 38 5 16 7 16 9 16.7 16.9 17.1 17.4 17.7 4 6 69 74 62 85 68 6.9 71 40 5.6 6.0 5.0 6.8 5.4 5.2 5.2 114 7 124 8 123 7 125 5 127 9 132 5 134 4 137 3 60 7 60 7 60.5 60.8 60.8 60.9 60.9 61.6 HISTORICAL STATISTICS National income and product data for 1929-63 are in The National Income and Product Accounts of the United States, 1929-1965, Statistical Tables (available at $1 from Commerce Department Field Offices or the Superintendent of Documents; see addresses inside front cover). Each July SURVEY contains preliminary data for the latest 2 years and final data for the preceding 2. The July 1972 issue has data for 1968-71. BEA will provide on request a reprint of final data for the years 1964-67. Prior July issues have final data as follows: 1964-65, July 1968; 1965-66, July 1969; 1966-67, July 1970; 1967-68, July 1971. 9 Preliminary. CURRENT BUSINESS STATISTICS JLHE STATISTICS here update series published in the 1971 edition of BUSINESS STATISTICS, biennial statistical supplement to the SURVEY OF CURRENT BUSINESS. That volume (available from the Superintendent of Documents for $3.00) provides a description of each series, references to sources of earlier figures, and historical data as follows: For all series, monthly or quarterly, 1967 through 1970 (1960-70 for major quarterly series), annually, 1947-70; for selected series, monthly or quarterly, 1947-70 (where available). Series added or significantly revised after the 1971 BUSINESS STATISTICS went to press are indicated by an asterisk (*) and a dagger (f), respectively; certain revisions for 1970 issued too late for inclusion in the 1971 volume appear in the monthly SURVEY beginning with the September 1971 issue. Also, unless otherwise noted, revised monthly data for periods not shown herein corresponding to revised annual data are available upon request. The sources of the data are given in the 1971 edition of BUSINESS STATISTICS; they appear in the main descriptive note for each series, and are also listed alphabetically on pages 189-90. Statistics originating in Government agencies are not copyrighted and may be reprinted freely. Data from private sources are provided through the courtesy of the compilers, and are subject to their copyrights. 1970 1969 Unless otherwise stated in footnotes below, data through 1970 and descriptive notes are as shown in the 1971 edition of BUSINESS STATISTICS 1971 1 Annual total 1970 1969 III IV I II 1971 III IV I II 1972 III IV I II III" Seasonally adjusted quarterly totals at annual rates GENERAL BUSINESS INDICATORS—Quarterly Series NATIONAL INCOME AND PRODUCTf Gross national product, totalf._— __bil.$_- 930.3 976. 4 1,050.4 941.7 948. 9 958. 0 971.7 ..,986.3 989.7 1,023.4 1,043.0 1,056.9 1,078.1 1,109.1 do _ _ 579.5 616. 8 664.9 583.7 594.4 604.1 613.4 623.0 626.5 648.0 660.4 670.7 680.5 696.1 713. 4 728 1 90.8 40.2 37.1 90.5 37.3 39.0 103.5 46.7 42.0 90 6 40.2 37.1 91 4 40.6 37.5 90 2 37.8 OQ rr 91 6 39 2 38.8 92 6 39 4 38 8 87 5 33 0 39 6 99 8 44 9 41 0 101 9 45 4 41 4 106 1 48 8 41 9 106 1 47 9 43 5 111 0 49 9 46 5 113 9 51 3 46 8 118 4 54 7 48 0 do __do do do 245.9 50.2 120. 6 20.9 264.4 52.0 132.1 22.2 278.1 56.9 136.4 23.5 247. 3 50.7 120 8 21 2 251.1 51.1 122 6 21 5 257.8 51.1 128 0 21. 8 262.4 51.8 131 2 22 0 266 51 133 22 3 7 9 3 271 3 53 6 135 2 22 8 273 4 55 1 135 1 23 0 277 56 135 23 278 57 136 23 5 4 6 5 283 58 137 24 4 5 9 3 288 59 140 24 3 4 3 6 297 61 144 24 301 62 145 25 do do _do do 242. 7 33.8 84.1 16.6 261. 8 36.3 90.9 18.2 39.5 99.2 19.9 245 8 34 0 85.0 16 8 251 35 87 17 256 1 35.3 88.7 17 7 259 35 90 18 264 36 91 18 1 9 4 5 267 37 93 18 274 38 95 19 281 3 39 1 98 1 19 8 286 1 40 0 100 3 20 2 290 40 102 20 9 7 5 4 296 41 104 21 7 2 2 0 302 4 42 7 106 1 21 5 _do 139.0 137. 1 152.0 143.8 137.9 132.9 137.7 139 9 137 8 143 9 153 0 152 2 158 8 168 1 177 0 181 0 do -do. __ do _ _ do _do_ do do -do _ _ 131. 1 98.5 34.2 64.3 32.6 32.0 132.2 100. 9 36.0 64.9 31.2 30.7 148.3 105. 8 38.4 67.4 42.6 42.0 3.6 2.4 133 2 100.2 35.4 64 8 33.0 32 0 10 6 10.6 132.3 101. 4 35.8 65 7 30.9 30 5 55 131.4 101.7 36.1 65 6 29.7 29 4 63 6 2 133 103 36 67 30 29 6 6 7 4 2 2 3 9 2 1 132 1 98 5 36.3 62 1 33 6 33 0 5 7 5 6 139 101 37 64 37 36 4 3 0 9 6 3 0 6 9 9 146 4 105 0 38 3 66 7 41 4 40 9 6 6 51 150 9 106 3 38 7 67 6 44 5 43 9 13 — 2 157 2 109 8 38 8 71 0 47 3 46 7 17 167 7 116 1 41 3 74 8 51 6 51 0 8 4 1 172 0 119.2 42. 0 77.2 52.8 52 1 5.4 131.4 100.2 35.5 64.8 31.2 30 6 15 14 5.0 4.3 175 3 121 1 41 6 79 4 54 2 53 4 5 7 53 66! 1 65.4 2.6 58.1 55 5 2.7 59.2 56 5 3.6 61 5 57 9 3.9 63 0 59 2 4.0 63 7 59 8 2.8 63 2 60 4 4.5 66 3 61 8 .1 66 7 66 6 .4 68 5 68 2 -2.1 63 0 65 1 -4.6 70 7 75 3 —5.2 70.0 75 2 -3.4 75.0 78 4 227.0 96 2 72 5 130 8 229. 5 96 3 71 2 133 3 233.6 97 9 70 1 135 7 240.9 100 7 71 9 140 2 249.4 105 7 76 7 143 7 254.1 108.1 78.6 146 0 256. 6 106.2 75.2 150 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 _. _ _ __: Gross private domestic investment, total. Fixed investment Nonresident ial — _ Structures _ _ _-_ Producers' durable equipment Residential structures _ _ _ _ _ _ Nonfarm Change in business inventories _ Nonfarm _ _ Net exports of goods and services... Exports __ _ _ _ Imports ___.__do do._ do 7.8 7.7 4.9 4.8 9 1 2 1 4 9 1 0 7 2 4 8 1.9 55.5 53.6 3.6 62.9 59 3 Govt. purchases of goods and services, total. _do.___ Federal do National defense _ _ _ _ _ _ do _ State and local do 210.0 98.8 78.4 111.2 219.0 96.5 75.1 122 5 232.8 97. 8 71.4 135.0 211. 6 99 3 79 4 112 3 214.0 99 4 78.9 114 6 217.3 99 7 78 9 117 6 216. 7 96 2 74 7 120 5 219.5 95 2 73 8 124 3 222.6 95 0 72 9 127 6 By major type of productrf Final sales, total Goods, total _ _ _ _ _ _ Durable goods Nondurable goods. _ _ _ _ _ _ Services Structures 922 5 449. 7 182 3 267.4 377.9 94.9 971 5 467.0 183 0 284.0 409 2 95.4 1 046 7 491.8 194 6 297.3 443 9 111.0 931 1 451 8 183 0 268 8 383 2 96 1 943 458 184 273 391 93 956 462 184 277 400 93 965 467 185 282 405 93 980 472 187 285 412 95 2 7 4 2 2 3 984 1 465 6 174 8 290 7 418 7 99 8 7.8 50 28 4.9 19 30 3.6 11 2 5 5.7 do do_ _ do do_ _ do _ _do_ _ Change in business inventories— Durable goods Nondurable goods do do do 10. 6 65 41 4 0 7 3 9 4 4 3 4 8 6 5 5 3 2 1 1 1 5.5 37 19 1.5 10 5 6.3 16 4 7 6.2 6 0 720.4 723.2 726.8 2 n 6 6 8 0 8 3 2 7 9 0 1,139.4 1, 162. 2 2 5 1 5 4 3 6 7 308 3 43 9 108 2 21 9 1 018 5 1 036 4 1 055 6 1 076 4 1 108 6 1 134 4 1 156 6 532 1 543 1 517 2 496 2 503 1 482 2 485 8 214 6 220 7 200 1 208 8 189 6 191 0 197 7 317.5 308 4 322 4 292 6 294 8 303 0 298 5 477 3 467 3 456 3 446 7 487 5 441 1 431 3 125. 0 124 2 126 0 105 0 109 5 112 7 117 0 1.3 10 2 3 1.7 19 35 'o .4 4 5.0 30 2 1 5.7 15 41 737.9 742.5 754. 5 766.5 783. 9 795.3 493 0 497 4 511 0 520.9 528. 7 98 6 214 7 197 7 100 7 220 1 200 0 104 4 221 7 202 6 6.6 36 4.9 3 7 12 31 731. 9 GNP in constant (1958) dollars! Gross national product, totalf . bil. $__ 725. 6 722. 1 741.7 729.2 725.1 469.1 477.0 495.4 469 5 472 2 do do do 85 6 201 3 182 2 83 1 207 0 186 8 92 1 211 1 192 2 85 0 201 2 183 3 do 110.5 104.0 108.6 do do do do 103.8 80 1 23 7 6 7 99 77 22 4 9 e 3 1 105 9 76 8 29 1 2 6 ____do .2 2.2 .1 Personal consumption expenditures, total.- _do_ _ Durable goods Nondurable goods Services _ _ _ 474 1 476 9 85 4 201 5 185 2 83 8 204 4 185 9 84 7 206 0 186 2 114.0 107.4 102. 0 104 80 23 9 102 80 21 4 8 9 9 6 101 0 78 8 22 2 .8 Govt. purchases of goods and services, total.. do____ 145.9 139.0 137.6 145.1 144. 6 Federal.. _ _ do 72 3 73 5 64 7 60 8 71 5 State and local do 72.4 74.3 76.8 79, 7 73 1 T Revised. *> Preliminary. fRevised series. Estimates of national income and product and personal income have been revised back to 1969 (see p. 16 ff. of the July 1972 SURVEY); Gross private domestic investment, total Fixed investment Nonresidential Residential structures Change in business inventories Net exports of goods and services __ 6 9 7 4 .7 480 2 718.0 476 5 84 9 207 7 187 6 78 9 209 9 187 8 105.6 106. 2 102.2 9 100 0 78 9 21 1 56 101 3 79 3 22 0 4 9 97 73 23 4 1.9 2.0 2.9 1.9 142.4 69 0 73 fl 138.6 64 8 73 8 137.5 62 9 137. 3 62 1 74. fi 7K 1 4 6 9 8 488 2 88 8 210 0 189 3 90 0 211 2 191 8 94 2 210 5 192 8 503 2 95 4 212 8 195 0 105. 0 110.0 107.3 112. 0 116.6 122.0 123. 9 101 75 25 3 104 76 28 5 7 4 3 3 106 6 76 4 30 1 111 3 79 2 32 l 116 3 82 2 34 2 119.4 84.4 35.0 3 118. 0 83 6 34 4 39 2.7 . -..7 .1 -1.8 -3. 3 —2.8 -..8 136.1 60 2 135.7 59 7 7fi n 137.6 61 0 141.1 62 3 78 8 142.2 62 8 143.9 63 7 80.3 143. 6 61.6 81.9 2 3 9 8 75 Q 7 7fi 7 7 7Q 4 revisions prior to May 1971 for personal income appear on pp. 25-26 of the July 1972 SURVEY. 9 Includes data not shown separately. s-i 478-721 O - 72 - SI 4.5 SUEVEY OF CURRENT BUSINESS S-2 Unless otherwise stated in footnotes below, data through 1970 and descriptive notes are as shown in the 1971 edition of BUSINESS STATISTICS 1969 | 1970 | 1971 1970 1969 IV Annual total October 1972 I II 1971 III I IV II 1972 IV III I II III? IV GENERAL BUSINESS INDICATORS—Quarterly Series—Continued NATIONAL INCOME AND PRODUCT— Con. Quarterly Data Seasonally Adjusted at Annual Rates National income totalf bil. $_. Compensation of employees, total f do Wages and salaries, total _ _ do__ _ Private - - _ _ _ _ __do Military ____do Government civilian do Supplements to wages and salaries __ __do Proprietors' income, total 9 _ _ _ _ __do Business and professional 9 do Farm do Rental income of persons __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 i_ Transportation, communication, and public utilities-bil. $_. All other industries - do ;. . Commercial and other Nonmanufacturing Mining Railroad Air transportation Other transportation Public utilities Electric Gas and other Communication _ Commercial and other y ~. - 787.5 796.7 806.3 804. 1 834.5 851.4 860.8 876.2 903.1 922.1 585. 2 594. 3 600.7 609.0 611. 2 628.6 639.6 648. 0 660.4 682.7 697.8 709.7 509.7 405.6 19.0 85.1 56.3 67.2 50.5 16.7 22.6 541.9 426.8 19.6 95.5 61. 9 66.8 49. 9 16.9 23.3 573. 5 449.7 19.4 104.4 70.7 70.0 52.6 17.3 24.5 526.8 418.6 19.6 88.5 58.4 67.2 49.8 17.4 22.9 534.9 422.5 20.2 92.2 59.5 67. 7 49.7 18.0 23.0 539.5 425.1 19.6 94.7 61.2 67.1 50.0 17.1 23.2 546.1 430.0 19.4 96.7 62.8 66.6 50.1 16.5 23.4 547.2 429.7 19.0 98.5 63.9 65.8 49.9 15.9 23.8 560.4 439.3 19.8 101.3 68.2 68.1 51.3 16.8 23.9 569.6 447.0 19.4 103.3 70.0 69.3 52.4 16.9 24.4 576. 5 451.6 18. 8 106.0 71.5 70.7 53.1 17.6 24.8 587.3 460.9 19.4 107.0 73.0 71.8 53.8 18.1 25.0 606.6 475.8 20.8 110.0 76.1 73.3 54.3 19.1 25.2 620.0 487.1 20.5 112.4 77.8 73.2 54.4 18.7 24.2 630. 2 494.5 20.3 115.3 79.5 75.3 56.2 19.1 26.2 79. 8 69.9 78.6 73.5 69. 3 71.5 72.0 66.9 76.6 80.1 78.3 79.4 81.8 86.1 14.0 57.5 29.9 17.0 13.0 15.0 57.0 28.9 17.2 11.7 16. 1 50.8 22.6 16.4 6.2 16.6 59.9 30.9 16.6 14.3 16.4 63.7 31.2 16.8 14.4 17.0 61.3 30.1 16.9 13.3 16.6 62.7 31.2 16.9 14.3 16.5 65.2 35.4 17.7 17.7 17.5 68.5 37.0 17.6 19.4 7.6 23.9 7.8 22.0 8.8 22.8 16.7 61.9 30.9 16.8 14.1 12.4 61.1 32.8 17.1 15.7 10.1 20.7 7.6 20. 1 8.2 22.9 9.3 19.0 8.0 19.1 7.4 20.1 7.8 20.3 7.2 20.9 7.8 21.2 8.8 23.7 8.5 22.6 84.9 40.1 44.8 24.3 20.5 —5 1 30.5 74.3 34.1 40.2 24.8 15.4 —4 4 34. 8 83.3 37.3 45.9 25.4 20.5 —4.7 38.5 80.5 38.4 42.1 24.7 17.4 -7.1 32.3 75.8 34.3 41.4 24.8 16.6 -6.4 33.2 75.2 34.6 40.6 24.7 15.8 -3.7 34.2 76.6 35.4 41.2 24.9 16.3 -4.6 35.3 69.6 32.2 37.4 24.7 12.7 -2.8 36.5 81.3 38.0 43.2 25.5 17.7 —4.7 37.3 84.5 38. 6 45.8 25.4 20.4 —4.4 38.1 84.1 37.5 46.6 25.5 21.0 -5.8 39.1 83.2 ' 88 2 35.3 38.8 48.0 49.5 25.2 26.0 22.7 23.5 —3 9 —6 5 39.7 40.1 91 6 40.1 51.5 26. 2 25.3 —5 5 40.9 —6 1 41.7 750. 9 116.5 634.4 596.2 38.2 806.3 116. 7 689.5 634.7 54.9 861.4 117.0 744.4 683.4 60.9 774.3 118.2 656.1 611.6 44.6 785.7 117.8 667.9 621.6 46.3 806.1 119.0 687.2 631.2 55.9 813.4 114.3 699.1 641. 1 58.0 819. 8 115.8 704.0 644.8 59.2 838.0 112.3 725. 7 666.4 59.3 858.1 115.2 742. 9 678. 8 64.1 867.9 117.5 750. 4 689.4 61.0 881.5 123.0 758.5 699.2 59.3 907.0 136.5 770. 5 714.9 55.7 922.1 139.5 782.6 732.5 50.1 939.5 140.8 798.7 747. 4 51.3 75.56 31.68 15.96 15.72 . 79.71 31.95 15. 80 16.15 81. 21 29.99 14.15 15.84 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 17.68 6.69 3.11 3.58 20.60 7.55 3. 52 4.03 20.14 7.31 3.40 3.91 22.79 8.44 4.12 4.32 19. 38 6.61 3.29 3.32 22.01 7.63 3.71 3.92 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 51.22 2.16 1.67 1.88 1.38 15. 30 12.86 2.44 10.77 18.05 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 10.99 .49 .34 .34 .28 3.11 2.70 .41 2.50 3.94 13.06 .54 .47 .60 .36 3.83 3.20 .63 2.81 4.44 12.83 .55 .42 .39 .37 4.07 3.35 .71 2.62 4.42 14.35 .59 .45 .56 . 37 4.29 3,60 ,69 2,84 5.26 12.77 .58 .48 .50 .32 3.63 3.19 .44 2.72 4.55 14.38 .61 .48 .73 .39 4.24 3.61 .62 2.95 4.98 14.41 .60 .43 .58 .37 4.50 3.62 .84 15. 89 .65 .43 .70 .30 4.96 4.11 .85 27.92 28.86 ..do do do do 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 79. 32 30. 46 14.21 16.25 81.61 30. 12 14.06 16.06 80.75 29.19 13.76 15.43 83.18 30. 35 14.61 15.74 86.79 30.09 15.06 15. 02 87. 12 30.37 14. 77 15.60 190.38 191.84 32.62 33.22 16.58 16.22 16.65 16.40 do do do do do do do do do do 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 47.66 1.94 1.56 3.08 1.22 13.68 11.20 2.48 10.20 15.97 48.86 ^2.04 1.46 1.29 1.33 14. 64 12.16 2.48 10.70 17.39 51.50 2.08 1.88 2.28 1 40 14.91 12.61 2.30 11.21 17. 72 51.56 2.23 1.72 1.68 1.48 15.87 13.56 2.30 10.73 17.85 52.82 2.30 1.64 2.26 1.33 15.74 13. 01 2.74 10. 44 19.10 56.70 2.42 2.10 1.96 1.48 16.92 14.27 2.65 li. 71 20.10 56.75 2.38 1.88 2.89 1.53 16.60 14.32 2.27 11.59 19.88 15,748 9,584 do do do.... do ..do _.do_._ do do Transfers under U.S. military agency sales contracts mil $ Receipts of income on U.S. investments abroad __mil. $. Other services do_ . ., 781. 0 644.1 14.5 55.4 27.7 16.7 11.0 U.S. BALANCE OF INTERNATIONAL PAYMENTSd" Quarterly Data Are Seasonally Adjusted (Credits -H debits -) Exports of goods and services (excl. transfers under militarv grants) mil $ Imports of goods and services. ero d. uuoo, ctujubie , . 855.7 12.4 67.4 36.6 17.7 18.8 do Seas. adj. qtrly. totals at annual rates: All industries .Manufacturing Durable goods industries If Nondurable goods industries f 798.6 603.8 12.8 56.5 29.4 16.4 13.1 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 INCOME f 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: 4.11 industries bil. $ Manufacturing . _-do Durable goods industries 1 do Nondurable goods industries ^ do Nonmanufacturing Mining - -._ Railroad Air transportation Other transportation Public utilities . . Electric Gas and other 766.0 566.0 do 62,870 41, 963 66, 133 42, 770 14,800 9,871 15,375 10,231 15,762 10,565 15,932 10,705 15,805 10,462 16,580 11,017 16,675 10,710 17,133 11,479 1,512 1,478 1,922 336 273 441 329 436 510 516 474 423 334 *322 3,015 2,165 3,651 2,110 3,249 2,371 "3, 207 *>2, 355 11, 426 8,004 12, 898 8, 543 2,775 1,818 2, 936 1,935 2,863 2,035 2,850 2,057 2,937 2,116 3,297 2,152 57.76 2.46 1.71 2.57 1.49 17.36 14.60 2.75 58.61 2.52 1.56 2.59 1.10 18.36 15, 03 3. 32 232.19 232.49 -53, 59 -59,307 -65,406 -14, 129 -14,477 -14, 795 -14, 943 -15, 093 -15, 444 -16, 639 -17,042 -16, 285 -18,937 P -18,89 -35, 796 -39, 799 -45, 459 -9, 381 -9, 731 -9, 831 -9, 968 -10, 269 -10, 728 -11, 722 -11, 951 -11, 058 -13,482 P -13,39 1 175 -1,214 -1, 198 -1,230 -1,218 p-1,23 -4,856 -4,852 -4,816 -1,251 -1, 180 -1, 259 -1, 210 -1, 203 Payments of income on foreign investments in the U.S . .. mil. $_ -4, 564 Other services.— do __ -8, 376 -5, 167 -4, 903 -1,315 -1, 344 -1,322 -1,284 -1, 217 -1, 139 ^1, 106 -1, 304 -1, 356 -9, 491 -10, 227 -2, 182 -2, 222 -2, 383 -2, 481 -2, 404 -2, 402 —2, 597 --2,589 671 898 3,563 727 Balance on goods and services, total do. . . 1,911 490 621 2,164 -2,689 500 Merchandise, adiusted. excl. militarv do f Revised. » Preliminary. 1 Estimates (corrected for systematic biases) for JulySept, and Oct.-Dee. 1972 based on expected capital expenditures of business. Expected expenditures for the year 1972 appear on p. 17 of the Sept. 1972 SURVEY. 2 includes communication, f See corresponding note on p. S-l. 9 Includes inventory valuation adjustment. © Personal outlays comprise personal consumption expenditures, interest 2,779 1,977 122.56 1 25. 16 9.27 8.15 4.69 4.00 4. 58 4.15 17,763 ?17,347 11,809 *>11,463 55, 502 36,417 10, 539 7,034 26.5 -1,387 p-1,39 -2, 850 "-2,87 -537 -1, 174 p-1,54 91 989 36 967 712 1,136 -472 -1,494 -1,673 p-1,92 289 -1,012 734 737 193 paid by consumers, and personal transfer payments to foreigners. § Personal saving is excess of disposable income over personal outlays. IfData for individual durable and nondurable goods industries components appear in the Mar., June, Sept., and Dec. issues of the SURVEY. cfMore complete details appear in the quarterly reviews in the Mar., June, Sept., and Dec. issues of the SURVEY.