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SURVEY OF CURRENT BUSINESS 12 May 1972 NATIONAL INCOME AND PRODUCT TABLES 1970 1970 1971 1972 1971 IV II III IV 1970 1970 1971 rv 1971 ii 1972 in rv Seasonally adjusted at annual rates 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 Personal consumption expenditures Durable goods _ Nondurable goods Services.. . _ . Gross private domestic investment _ Fixed investment 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 . . . . 974 1 1 046 8 988 4 1 020 8 1 040 0 1 053 4 1 072 9 1103 6 720 0 739 4 715 9 729 7 735 8 740 7 751 3 761 6 615.8 662 1 624 7 644 9 657 4 668 8 677 2 691 8 475 9 491 8 474 2 484 8 489 4 494 3 498 9 505 1 88 6 264 7 262.5 100 5 278 6 282 9 84 9 270 9 268 9 96 6 273 2 275 0 99 1 277 8 280 5 102 8 280 2 285 8 103 6 283 3 290 3 107 6 288 0 296 2 81 4 207 3 187 2 89 5 211 4 190.9 76 6 209 7 187 9 85 9 210 0 188 9 87 8 211 5 190 1 91 2 211 6 191 4 93 0 212 7 193 2 95 5 214 3 195 3 135 3 151 6 137 3 143 3 152 9 150 8 159 4 168 3 102 2 108 5 101 2 104 3 110 0 106 7 112 9 116 5 132 6 149 3 133 6 140 2 148 3 152 0 157 0 167 7 99 9 106 3 98 1 101 8 105 9 107 2 110 5 116 2 102 1 36 8 65 4 108 7 38 2 70 5 100 8 37 1 63 7 104 7 36 7 68 1 108 3 38 5 69 8 109 3 38 7 70 6 112 6 39 0 73 6 118 7 39 8 78 9 78 6 24 2 54 4 79 3 22 4 56 9 75 5 23 5 52 0 77 7 22 6 55 0 79 i 22 9 56 2 78 9 22 1 56 8 81 5 22 1 59 3 84 8 21 9 59 9 30 4 29.7 6 40.6 40.1 5 32 8 32 2 6 35 4 35 0 4 40 0 39 5 5 42 7 42 1 6 44.4 43.8 6 49 0 48 4 6 21.3 20.9 4 27.0 26.7 4 22 6 22 2 4 24 1 23 8 3 26 7 26 4 3 28 3 27 9 4 29 0 28 6 4 31 4 31 0 4 28 25 3 2.2 17 5 37 33 4 31 29 2 46 41 5 —1 2 20 g 2.4 20 5 6 1 4 2.3 20 3 2.1 17 .5 31 28 4 25 23 2 41 3e 5 — 5 —12 7 24 19 5 3 -i 4 3.6 .0 2.7 47 1 o —4.6 —6 2 2.4 —.1 21 30 — 5 1 —3.0 —4 1 62 9 59 3 65.3 65.3 63 2 60 5 66 2 61 5 66 5 66 4 68 2 68 2 60.4 65.0 69 2 75 4 52 2 49.8 52.1 52.2 51 9 49 8 52 9 49 8 63 1 53 7 54 5 64 4 47.7 50.8 54 0 58 0 219 4 233 0 223 7 227 9 229 6 233 8 240 8 249 6 139 4 139 2 138 3 137 6 137 0 139 6 142 6 144 1 97.2 75.4 21.9 97.6 71.4 26.2 95 9 73 2 22.7 96 4 72 6 23 7 96 0 71 4 24 6 97 6 70 2 27 4 100.3 71.4 28.9 104 9 75 8 29.0 65 4 62.2 63 2 61 3 60 7 62 7 64.0 64 2 122.2 135.5 127.9 131 6 133 6 136 2 140 5 144 8 74.0 77.0 75 2 76 3 76.3 76 8 78.6 79 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. 974.1 1,046 8 . . ... Final sales _ C hange in business inventories _. Durable goods Final sales C hange in business inventories .. Nondurable goods. Final sales Change in business inventories , Services Structures __ ._ . ... 1103 6 720 0 739.4 715.9 729 7 735.8 740.7 751.3 761. 971 3 1 044 5 984 7 1 017 7 1 035 4 1 054 6 1 070 4 1103 0 6 28 37 31 46 2.4 22 —1 2 717 7 2 3 737.3 2.1 712 8 3.1 727 2 2 5 731.7 4.1 741.2 — .5 748.9 2.4 761. 988 4 1,020 8 1 040 0 1,053 4 1, 072. 9 468 3 494 3 467 7 485 5 490 8 496 2 504 5 517 3 383 0 393.6 376 7 388 1 390 2 394 4 401.6 407. 465.5 2.8 492.0 2.2 464.0 3.7 482 4 31 486 2 46 497 4 -1 2 502.0 2.4 516 8 .6 380.7 2.3 391.5 2.1 373.6 3.1 385.6 2.5 386.1 4.1 394.9 —.5 399.3 2.4 406. 180 2 180.8 —.6 194.1 193.7 .4 169 7 173.1 -3.4 192 8 189 4 35 193 0 190 6 2.3 193 9 196 4 -2 5 196.6 198.4 —1.8 208 1 207.9 .2 156.1 156.8 —.6 163.9 163.4 .5 144.4 147.5 -3.1 162.4 159.6 2.8 162.3 160. 2 2.2 163.7 165.3 -1.6 167.1 168.4 -1.4 174. 174. 288.1 284.7 34 300.2 298.3 1.9 297.9 290.9 71 292 7 293.1 — 4 297 8 295.5 23 302 3 301.0 13 307.9 303.6 4.3 309 2 308.8 3 226.9 223.9 3.0 229.7 228.1 1.6 232.3 226.1 6.2 225.7 226.0 —.3 227.8 225.9 2.0 230.7 229.6 1.1 234.6 230.8 3.7 232. 232. 410 3 443.3 420 6 432 3 441 0 446 3 453.6 465.0 273.4 278.6 274.5 276.2 278.4 278.9 280.8 283. 95 5 109.2 100 1 102 9 108 2 110 8 114.7 121.3 63.6 67.2 64.7 65.4 67.2 67.3 68.8 71. 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 . 974 1 1 046 8 988 4 1 020 8 1 040 0 1 053 4 1 072 9 1103. 6 720.0 739.4 715.9 729.7 735.8 740.7 751.3 761. 859.8 922.7 871.6 899 2 916.9 928.9 945.9 971.6 659.4 678. 3 655.4 668.9 674.9 679.4 689.8 699 J 823 4 795 2 28.2 880 7 850 7 30.0 833 5 806 4 27.1 859 2 831 1 28 1 874 6 845 7 28.9 886 9 856 1 30 8 902.1 870.0 32.0 927.4 895.3 32.1 638.5 614.6 23.9 655.3 629.7 25.6 634.1 609.2 24.9 646.6 621.7 24.9 651.4 626.4 25.0 656.9 666.3 630. 1 640.7 25.6 26.8 676. ( 653. 23. 31 7 35 5 33 0 34 2 35 0 35 9 36.8 38.0 17.0 17.8 17.1 17.6 17.7 17.8 18.1 4.6 6.5 5.1 58 7.3 6.0 7.0 6.2 4.0 5.2 4.2 4.7 5.8 4.7 5.4 4. 114 4 124.0 116 8 121 5 123 1 124 5 127.0 132.0 60.6 61.1 60.5 60.8 60.9 61.3 61.5 61. 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 1971 issue has data for 1967-70. Prior July issues have final data as follows: 1964-65, July 1968; 1965-66, July 1969; 1966-67, July 1970. BEA will provide on request a reprint of final data for the years 1964-67. 18. CURRENT BUSINESS STATISTICS J_HE 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. 1969 Unless otherwise stated in footnotes below, data through 1970 and descriptive notes are as shown in the 1971 edition of BUSINESS STATISTICS 1970 1969 1971 I j II 1970 III IV Annual total I II 1971 III IV I 1972 IV | III II I Seasonally adjusted quarterly totals at annual rates GENERAL BUSINESS INDICATORS—Quarterly Series NATIONAL INCOME AND PRODUCT bil $ 929.1 974 1 1 046 8 90614 921 8 940.2 948.0 956.0 968.5 983. 5 988.4 1, 020. 8 1,040.0 1,053.4 Personal consumption expenditures, total do 579.6 615.8 662.1 564.3 575.8 584.1 594. 2 604.0 613. 8 620.9 624. 7 644.9 657.4 668.8 677.2 '691.8 Durable goods, total 9 Automobiles and parts _ . Furniture and household equipment do do do 89.9 40.4 36.3 88 6 37.1 37.4 100 5 46 2 39.6 89.5 40.1 35.6 90.6 39.9 37.0 89.4 40.4 36.2 90.3 41.0 36.2 88.6 37.8 37.3 90.7 39.1 37.6 90.4 38. 8 37.0 84.9 32.7 37.6 96.6 43.8 38.8 99.1 45.3 39.4 102.8 48.2 39.6 103 6 ' 107. 6 47 6 ' 48. 7 40.8 '43.6 do do do . do 247.6 50.3 122. 5 21.1 264.7 52.6 131.8 22.9 278 6 57 0 136.5 24 4 241.5 48.5 120.4 20.2 246.4 50.6 121.9 20.8 249.4 51.0 122.9 21.5 253.1 51.1 124.8 21.9 259. 4 51.6 128.9 22.5 262.9 52.1 131.4 22.6 265.5 52.4 132.4 22.9 270.9 54.2 134.3 23.5 273 2 55.4 134. 4 23 8 277 8 57 0 136.3 23 8 280. 2 57.4 137.3 24 5 283 3 ' 288. 0 58 0 ' 59. 0 138 1 ' r140. 7 25.4 25 4 do _ do . - _ _ do do . 242.1 33. 7 84.0 16.5 262.5 36.1 91.2 17.9 282.9 39 2 99.7 19.1 233.4 32.8 81.4 16.2 238.9 33.0 83.0 16.4 245.2 34.1 84.7 16.6 250.8 35.0 86.9 16.8 256.1 35.1 88.7 17.5 260.2 35.7 90.3 17.6 265.0 36.7 91.8 18.1 268.9 36.9 94.1 18.3 275 37 96 18 280 38 98 19 5 9 7 0 285.8 39 9 100 7 19 2 290 3 '296.2 41.2 40 5 104.8 102 8 20.0 19 6 Gross national product, total Nondurable goods, total 9 Clothing and shoes Food and beverages.. _ __ Gasoline and oil Services, total 9 _. Household operation ,. Housing _ Transportation - _ 0 7 5 6 1 0729 '1 103 6 Gross private domestic investment, total do 137.8 135. 3 151.6 134.3 137.0 141.8 138.0 131.2 134.1 138.6 137.3 143.3 152. 9 150. 8 159.4 Fixed investment __ _ _ Nonresident ial Structures - Producers' durable equipment Residential structures Nonfarm ... Ch ange in business invent ories Nonfarm do__._ - do _do_ _ do do -do. . do do 130.4 98.6 34.5 64.1 31.8 31.2 7.4 7.3 132.5 102.1 36.8 65.4 30.4 29.7 2.8 2.5 149.3 108.7 38.2 70.5 40.6 40.1 2.2 1.7 127.6 95.0 33.1 61.8 32.7 32.1 6.6 6.5 130.2 96.6 33.0 63.6 33.6 33.1 6.8 6.7 131.4 100.7 36.0 64.7 30.7 30.1 10.4 10.3 132.3 102.2 36.0 66.2 30.1 29.5 5.7 5.5 130. 8 100.8 36.1 64.7 30.0 29.4 .4 .1 132.1 102.1 36.6 65.6 29.9 29.3 2.1 1.8 133.5 104.8 37.3 67.5 28.7 28.1 5.1 4.7 133.6 100.8 37.1 63.7 32.8 32.2 3.7 3.3 140 2 104 7 36 7 68.1 35 4 35 0 31 29 148 3 108 3 38 5 69.8 40 0 39 5 46 41 152 0 109 3 38 7 70.6 42 7 42 1 —1 2 20 157. 0 ' 167. 7 112 6 ' 118. 7 39 0 ••39.8 73.6 '78.9 49.0 44 4 48.4 43 8 .6 2.4 .1 20 2.0 55.6 53.6 3.6 62.9 59.3 .0 65.3 65.3 1.4 48.0 46.6 1.2 56.9 55.7 2.8 58.3 55.5 2.7 59.2 56.6 3.5 61.5 58.0 4.2 63.2 59.0 4.0 63.7 59.7 2.7 63.2 60.5 4 7 66 2 61 5 1 66 5 66 4 68 2 68 2 Govt. purchases of goods and services, total.. do Federal. do National defense . i do State and local. _ ._ do 209.7 99.2 78.4 110.6 219.4 97.2 75.4 122. 2 233.0 97.6 71.4 135.5 206.5 99.2 78.3 107.3 207,8 97.7 77.5 110.1 211.5 100.3 79.4 111.2 213.0 99.5 78.4 113.5 217.3 100.2 78.9 117.1 216. 5 96.8 75.1 119.7 220.1 96.1 74.2 124.0 223.7 95.9 73.2 127.9 227.9 96 4 72 6 131 6 229.6 96 0 71 4 133 6 233.8 97 6 70 2 136 2 By major type of product: Final sales, total . Goods, total Durable goods _ Nondurable goods Services. . . . . Structures . do _ do do. _ do do do 921.7 449. 9 180.9 269. 0 377.4 94.4 971.3 1, 044. 5 465.5 492.0 193. 7 180.8 284.7 298.3 443.3 410.3 95.5 109. 2 899.8 441.3 179. 1 262.2 364.0 94.5 915.0 447.7 179. 6 268.0 371.9 95.3 929. 8 452.3 181.3 271.0 383.0 94.5 942.3 458.3 183.4 274.9 390. 6 93.4 955.6 461.5 181.5 279.9 400.8 93.4 966. 5 466. 6 183.7 282.9 406.2 93.7 978.4 469.8 184.9 284.9 413.7 94.9 984.7 1,017.7 1,035.4 486.2 464. 0 482.4 190.6 189.4 173.1 295.5 293.1 290.9 420.6 432.3 441.0 108.2 100. 1 102.9 do do do . 7.4 4.5 2.9 2.8 -.6 3.4 2.2 .4 1.9 6.6 3.8 2.8 10.4 6.5 4.0 5.7 3.0 2.8 .4 —1.8 2.2 2.1 -2.0 4.0 5.1 4.7 .4 3.7 -3.4 7.1 3.1 3.5 — .4 __bil. $._ 724.7 720.0 739.4 721.4 724.2 727.8 725.2 719.8 721. 1 723.3 715.9 729.7 735.8 740.7 751.3 ' 761. 6 do 469.3 475.9 491.8 465.7 469.0 469.9 472.6 474.4 477.1 477.9 474.2 48C8 489.4 494.3 498.9 ' 505. 1 _ do _ do... do 84.8 202.7 181.8 81.4 207.3 187.2 89 5 211 4 190 9 85.2 201.6 178.9 85.6 202.8 180.6 84.0 203.0 182.9 84.4 203. 4 184.8 82.3 205.7 186.4 83.8 206.5 186. 8 82.8 207. 3 187.9 76.6 209.7 187. 9 85.9 210.0 188 9 87.8 211.5 190.1 91.2 211.6 191.4 93.0 '95.5 212.7 ' 214. 3 195.3 193.2 Net exports of goods and services Exports Imports _ ... -_ do do do _ _ _ _ _ ... _ Change in business inventories Durable goods Nondurable goods ... 6.8 4.7 2. 1 o -4.6 60 4 65 0 r!68.3 '-6.2 '69.2 '75.4 240.8 r 249. 6 100 3 ' 104. 9 71 4 ••75.8 140 5 '144.8 1,054.6 1,070.4 '1,103.0 502.0 ' 516. 8 497.4 198.4 ' 207. 9 196.4 301.0 303.6 ' 308. 8 446.3 453.6 ' 465. 0 114.7 '121.3 110.8 .6 2.4 4.6 —1.2 '.2 -1.8 -2.5 2.3 '.3 4.3 1.3 2.3 GNP in constant (1958) dollars Gross national product, total.! Personal consumption expenditures, total Durable goods ... Nondurable goods... __ Services . _ 109.6 102. 2 108 5 108.4 109.4 112.4 108.2 101.0 102.7 104.0 101.2 104 3 110.0 106.7 112.9 ' 116. 5 do do do... ...do 103.2 80.1 23.1 6.4 99.9 78.6 21.3 2.3 106 3 79 3 27.0 2.1 102. 8 78.6 24.1 5.7 103.5 79.1 24.4 5.8 103.2 81.1 22.1 9.2 103.3 81.7 21.6 4.9 100.7 79.3 21.4 .3 100. 7 79.4 21.3 2.0 100.1 80.1 20.0 3.9 98.1 75.5 22.6 3.1 101 8 77 7 24.1 2.5 105 9 79.1 26.7 4.1 107.2 78.9 28.3 -.5 110.5 ' 116. 2 81.5 '84.8 31.4 29.0 .3 2.4 do... .1 2.4 — .1 -.5 —.3 .6 .6 1.7 2.6 3.2 2.1 30 — 5 .1 137.6 61.3 76.3 137.0 60.7 76,3 139.6 62.7 76.8 Gross private domestic investment, total., .do _ Fixed investment Nonresidential.... . . . Residential structures.. Change in business inventories Net exports of goods and services _ Govt. purchases of goods and services, total.. do Federal do State and local do r Revised. *> Preliminary. 145.6 73 8 71.9 139.4 65 4 74.0 139.2 62 2 77.' 0 147.8 76.3 71.4 146.1 73 9 72.1 138.2 144.8 143.8 142.6 138.7 73.2 65 3 71 6 69 4 63 8 73.4 74.3 71.6 72.2 73.2 9 Includes data not shown separately. 138.3 63.2 75.2 -3.0 s-1 465-441 O - 72 - S 1 '-4.1 142.6 ' 144. 1 64.0 '64.2 78.6 '79.9 SURVEY OF CUEEENT 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 Annual total 1969 II III May 1972 1970 IV II I 1971 III IV I II 1972 III IV I II GENERAL BUSINESS INDICATORS—Quarterly Series—Continued NATIONAL INCOME AND PRODUCT— Con. Quarterly Data Seasonally Adjusted at Annual Kates National income total bil. $ Compensation of employees, total . _ _ do. 763.7 795.9 851.1 758.9 771.7 778.2 785.8 793.4 802.2 802.1 831.7 847.3 855.2 870.1 898.7 565.5 601.9 641.9 559.1 573.6 583.6 593.2 598.5 606.5 609.3 627.3 638.0 645.6 656.6 679.9 509.6 405,5 19.0 85.1 56.0 67.0 50.3 16.8 22.6 541.4 426.6 19.4 95.5 60 5 66.9 51.0 15.8 23.3 574.2 450.4 18.6 105.2 67 7 68.3 52.1 16.3 24.3 503.7 402.0 18.4 83.4 55.3 67.1 50.5 16.6 22.6 516.9 410.4 20.0 86.5 56.7 67.1 50.5 16.6 22.7 525.8 417.7 19.6 88.5 57.8 67.2 49.8 17.4 22.9 534.7 422.5 20.2 92.1 58.5 68.0 50.2 17.8 23.0 538.5 424.4 19.5 94.5 60.0 67.6 51.0 16.6 23.2 545.2 429.4 19.2 96.6 61.3 66.0 51.4 14.5 23.4 547.2 429.9 18.6 98.6 62.1 65.9 51.5 14.4 23.7 561.4 440.3 19.2 101.8 65.9 66.4 51.6 14.8 23.8 571.0 448.4 18.6 104.0 67.0 67.2 51.9 15.2 24.2 577.3 452.3 18.0 106.9 68.3 69.2 52.3 17.0 24.5 587.0 460.3 18.6 108.1 69.6 70.5 52.5 18.1 24.6 607.3 475.6 19.9 111.8 72.6 r71.2 52.6 18.7 24.8 78.6 70.8 81 0 80.7 78.0 73.3 69.8 71.5 73.0 69.0 79.5 82.5 80.0 82.0 P86.0 12.1 66.5 36 0 17 5 18 4 12.8 58.1 29 5 16 6 13.0 14.0 67 0 34 4 18 0 16.4 12.3 68.4 36 9 18 0 18.9 12.2 65.8 34 8 17.0 17.8 12.0 61.3 33.0 16.9 16.1 11.3 58.5 31.1 16.7 14.3 12.1 59.4 31.5 16.5 14.9 13.5 59.5 30.6 16.8 13.8 14.0 54.9 25.0 16.2 14.2 65.3 34.4 17.2 17.2 13.7 68.9 35.0 18.1 17.0 14.2 65.8 33.0 18.1 14.8 14.0 68.1 34.6 18.3 16.2 P14.1 P71.9 10.0 20 6 8.0 8.5 9.8 9.1 8.2 7.9 8.4 8.5 8.5 24.1 21.2 19.2 19.2 7.8 20.5 10.4 21.0 20.1 20.9 21.9 22.5 25.3 24.3 24.7 84.2 39 7 44.5 24.4 20 0 -5 5 29.9 75.4 34 1 41.2 25.0 16 2 —4.5 33.0 85,4 37 8 47.6 25.5 22 1 —4.4 35.6 86.9 41 0 45.9 24.2 21 6 -6.3 29.4 81.2 38.2 43.0 24.7 18 3 -3.2 30.2 80.0 37.7 42.3 24.9 17.4 -6.7 31.1 75.6 34.1 41.5 25.0 16.6 -5.8 31.8 75.8 34.5 41.3 24.9 16.4 -4.2 32.6 78.5 35.6 42.9 25.2 17.7 -5.5 33.4 71.6 32.3 39.2 25.0 14.3 -2.6 34.2 83.0 38.3 44.8 25.6 19.2 -3.5 34.8 86.9 39.1 47.8 25.4 22.4 —4.4 35.4 85.8 37.5 48.2 25.7 22.5 -5.8 35.9 86.0 36.4 49.7 25.3 24.4 -4.0 36.4 P91.6 P39.3 P52.3 25.8 P26.5 -5.6 36.9 750.3 116 2 634 2 596.3 37.9 803.6 115 9 687 8 633.7 54.1 857.0 115.8 741 3 680.7 60.5 743.1 117.2 625 9 592.4 33.4 759.3 116.1 643 2 600.9 42.3 772.2 117.8 654 5 611.4 43.1 784.3 116.7 667.6 621.5 46.2 803.8 118.0 685 7 631.5 54.2 809.' 8 113.5 696 2 638.9 57.4 816.7 115.2 701.5 643.0 58.5 833.5 111.6 722 0 663.3 58.6 853.4 113.8 739.6 676.0 63.6 864.6 116.0 748. 5 687.6 61.0 876.7 121.7 755.0 696.0 59.0 900.1 135.7 764.3 710.8 '53.5 75.56 31.68 15.96 15.72 79.71 31.95 15. 80 16.15 81.21 29.99 14.15 15.84 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 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 1 19. 56 7.03 3.43 3.60 22.49 8.16 4.01 4.15 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 10.99 11.10 12.34 10.32 12.18 12.27 12.99 10.99 13.06 12.83 .48 .44 .66 .46 .47 .49 .53 .45 .42 .73 .28 .47 .47 .80 .31 .46 .46 .74 .30 .50 .43 .76 .33 .49 .34 .34 .28 .54 .47 .60 .36 .55 .42 .39 .37 14.35 .59 45 12.53 .53 45 14.33 .54 42 *78 ^.40 3.03 2.23 .49 .55 .64 .44 3.23 2.61 2.54 2.15 3.74 3.12 3.11 2.70 3.83 3.20 4.07 3.35 .39 3.58 2.79 .62 3.28 2.59 4.29 3 60 2.00 3.97 2.11 4.07 2.39 4.60 2.14 3.76 2.59 4.26 2.56 4.16 2.81 4.42 2.50 3.94 2.81 4.44 2.62 4.42 2 84 5 26 do do do do 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 78.63 81.88 32.15 . 30.98 14.92 15.74 16.05 16.40 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 do do 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 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 9fi 1 33 15.74 13 01 14, 222 9,490 14, 574 9,602 14,811 9,888 15, 374 10,241 15,806 10,582 15,930 10,696 15,795 10, 461 16, 539 11, 016 16, 628 10, 706 17, 087 P 15, 67 11,475 p 9,57 I'll, 810 329 442 336 274 447 327 433 510 547 468 p41 2,716 1,814 2,767 1,820 2,925 1,93' 2,790 2,855 2,839 2 ftfi9 2,904 3,248 2,975 2 igQ p3,58 * 2, 10 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 Non financial corporations, total do "M" /^ W rt ~~H f~' An Durable goods industries do Transportation, communication, and public utilities bil. $ All oth er 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 8.8 8.1 8.8 DISPOSITION OF PERSONAL INCOME Quarterly Data Seasonally Adjusted at Annual Rates Personal income total bil $ Less* Personal tax and nontax payments do Less* Personal outlays® E duals' Personal saving§ - - __do _ 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 If Nondurable goods industries f Nonmanufacturing Mining Air transportation Other transportation Public utilities Electric Gas and other Communication U.S. _ do do do do .do -do do do -do _ . -do _ -do do do do do do 2.99 2.22 .77 .80 .78 .69 .63 .41 .63 .71 56 37 69 52 OK 45 4.31 3 60 * 72 2 7 08 2 7 92 187. 54 1 89. 09 Q/) KO 1 f\ ft9 IK Q8 Ifi K.A 55.62 2.22 I nn 56.57 1 fi7 16.90 1 35 16.78 14 18 9 fift 1 *» 74. 14. 17 9 74. 10 44 19* 10 OK 3.60 3 15 2 1(\ QO. 2.12 1 <V7 9 Qfi 2 31 7Q BALANCE OF INTERNATIONAL PAYMENTSd" Quarterly Data Are Seasonally Adjusted (Credits +; debits -) Exports of goods and services (excl. transfers under 55, 600 Merchandise, adjusted, excl . military do... 36,490 Transfers under U.S. military agency sales con 1 515 Receipts of income on U.S. investment abroad.. mil. $ Other services _ .do.. Imports of goods and services _ do.. Merchandise, adjusted, excl. military do__ Direct defense expenditures ... . . _ do Payments of income on foreign investments in th U.S mil. $ Other services do__ Balance on goods and services, total do. . 10,539 7,056 62, 903 P 65 932 41,980 P 42| 769 1,480 P 1 942 11,409 v 12, 711 8,034 P 8, 510 2,585 1,818 9 197 *t *•* 1fi fi9 17 03 -53, 589 -59,311 P— 65,23 -13, 926 -13, 866 -14, 142 -14, 493 -14, 761 -14, 935 -35,830 -39,870 p-45,64 -9,566 -9,278 —9,397 -9,728 -9,831 -9,992 -10,319 -10,76 -11,76 -12, 015 -4,856 -4,851 p-4, 796 -1,187 -1,221 —1,251 -1,182 -1,255 -1,211 -1,203 -1, 174 -1, 214 -1, 190 -4, 564 -8,339 2,011 -16,19 P—1344 -11,0 -1,2 273 -1,3 -1,078 -1,242 —1,315 -1,348 -1,322 -1,284 -1,213 -1, 115 -1, 072 -1, 9 f\f\ —2 5 —2, 095 —2, 125 —2, 179 -2,235 —2,353 —2,448 —2,390 g p— 5 1 1 *\n 995 1,045 669 881 296 708 p699 Af\ nnA 1/tO 94.R i nft — Ri p-1. 5 -5,167 P ~i*»$ —9, 425 p-10,02 3,592 r Revised. P Preliminary. * Estimates (corrected for systematic biases) for Jan.Mar. and Apr.-June 1972 based on expected capital expenditures of business. Expected expenditures for the year 1972 appear on p. 20 of the Mar. 1972 SURVEY. 2 Includes communication. 9 Includes inventory valuation adjustment. ©Personal outlays comprise personal consumption expenditures, interest paid by consumers, and personal transfer 9 1ftQ 1 R. °.SQ payments to foreigners. p-90 p-1.6 §Personal saving is excess of disposable income over personal atk 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.