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SUEVEY OF CURRENT BUSINESS May 1975 NATIONAL INCOME AND PRODUCT TABLES 1973 1973 1974 1975 1974 IV I II III IV 1973 1974 1973 I 1974 I IV Seasonally adjusted at annual rates II 1975 III I 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 1 294 9 1 397 4 1 344 0 1 358 8 1 383 8 1 416 3 1 430 9 1 417 1 Personal consumption expenditures Durable goods Nondurable goods Services . Gross private domestic investment Fixed investment. Nonresidential Structures Producers' durable equipment Residential structures Nonfann _ Farm 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 839 2 821 2 845 7 830 5 827 1 823 1 804 0 780 2 805.2 876.7 823.9 840.6 869 1 901 3 895 8 913 2 552 1 539 5 546.3 539.7 542.7 547.2 528.2 531 5 130 3 338.0 336 9 127.5 380.2 369.0 124 3 352 1 347 4 123 9 364.4 352 4 129 5 375 8 363 8 136 1 389 0 376 2 120 7 391.7 383 5 124 9 398 8 389 5 113 6 228 6 209 9 103 1 223.7 212 6 107 2 227 4 211 7 105 2 223.9 210 6 106 8 223.6 212 2 107.8 225.8 213 7 92. 8 221.4 214 1 95 2 222 5 213 7 209.4 209.4 224.5 210.5 211 8 205.8 209 4 163 1 138 1 126 7 145.8 133.3 130.3 122.7 120.5 89 3 194.0 195.2 195 5 193 6 198 3 197 1 191 6 182 2 127 3 118.0 125 8 122 7 122 2 117.7 109.6 101 0 136 8 47.0 89.8 57 2 56.7 5 149.2 52.0 97.1 46.0 45.2 .7 141 9 49 3 92.6 53 6 53 0 5 145 2 51 3 93.9 48 4 47 8 7 149 52 97 48 48 4 2 2 8 0 g 150 9 51.0 99.9 46 2 45.4 8 151 2 53.7 97.5 40 4 39.7 7 146 9 52 8 94.2 35 3 34 8 5 94 25 69 32 32 4 4 0 9 6 3 94 0 26.2 67.8 24.0 23.6 4 96 0 26 0 70.0 29 8 29.5 4 96 3 26 7 69.7 26 4 26.0 4 96 5 26 6 69.9 25 7 25 3 4 94.1 25.4 68.7 23.6 23.1 .4 89 2 26.1 63.1 20 4 20.1 4 83 8 25 2 58.6 17 3 17.0 2 15.4 11 4 4.0 14.2 11.9 2.3 28 9 24 0 4 9 16.9 13 1 38 13 5 10 4 31 8.7 6.6 2.1 17.8 17 5 .3 —19 2 — 17 8 —1 4 10 8 89 18 8.7 7.4 1.2 20.0 17 9 21 10.6 87 1.8 8 2 6 4 18 5.0 3.9 1.1 10.9 10.7 .2 — 11.7 — 10 9 —.8 39 2.1 93 11 3 —1 5 —3.1 19 9 3 4 6 9 0 79 11 5 8 2 7.3 91 11 8 100 4 96 4 140 2 138 1 113 6 104 3 131 2 119 9 138 5 140 0 143 6 146 7 147 5 145 7 143 4 134 1 66 6 62 0 71 9 62 9 68 9 61.0 73 3 61 8 73 4 65 1 70.9 63.6 69 9 60.9 67 0 55 2 276.4 309.2 286.4 296.3 304.4 312.3 323.8 331.6 144.4 146.0 145.7 146.0 145.8 145.9 146.3 147.7 106 6 74 4 32.2 169 8 116 9 78.7 108 75 33 177 111 5 75 8 35 7 184 8 114 3 76 6 37 7 190 1 117 2 78 4 38 8 195 1 124 5 84 0 40.6 199 3 126 84 41 205 57 3 56 5 56 4 56 3 56 3 56 5 57 0 57 4 87 0 89 5 89 3 89 7 89 5 89 4 89 3 90 2 192 3 4 3 1 9 5 7 8 1 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 . 1,294 9 1, 397. 4 1 344 0 1 358 8 1 383 8 1 416 3 1 430.9 1 417 1 839 2 821.2 845.7 830.5 827.1 823.1 804.0 780.2 1 279 6 1 383 2 1 315 1 1 341 9 1 370 3 1 407 6 1 413 1 1 436 3 14.2 15.4 28 9 16 9 17.8 —19 2 13 5 87 828 4 10.8 812.5 8.7 825.7 20.0 819.9 10.6 818.9 8.2 818.1 5.0 793. 1 10.9 791.9 -11.7 622 7 670 3 653 6 651 9 664 9 681 7 682 6 667 0 459 1 442 8 465.1 449 1 448.9 446.0 427.1 408.3 Final sales Change in business inventories 607 3 15 4 656 1 14.2 624 7 28 9 635 0 16 9 651 3 13 5 673 0 87 664 8 17.8 686 1 —19 2 448 3 10 8 434 1 8.7 445 1 20.0 438 5 10.6 440 8 8.2 441.0 5.0 416.3 10.9 420 1 -11.7 Durable goods Final sales Change in business inventories 250 3 240 9 9.4 256 9 249.2 7.7 255 4 240 6 14 8 251 0 242 3 8.7 246, 6 248 5 —1 8 265 5 259 8 5.7 264 5 246. 2 18.3 239 5 252 9 —13 4 206 0 198 5 7.5 195 9 191.0 4.9 206 3 194.9 11.5 200 2 194.3 5.8 195.4 196.6 -1.2 200.2 196.6 3.6 188.0 176.7 11.3 167.5 176.1 -8.6 Nondurable goods... . Final sales Change in business inventories 372.4 366 5 60 413.4 406.9 6.5 398 2 384 1 14 1 401 0 392 8 8*2 418 2 402 9 15 4 416 2 413 2 30 418.1 418 6 —.5 427 5 433 2 —5 7 253 1 249 9 33 246.9 243.1 3.8 258.7 250 2 8.5 248.9 244 2 4.7 253.6 244.2 9.4 245.8 244.4 1.4 239.2 239.6 -.4 240.8 244.0 -3.2 Services 534 4 590 3 553 2 569 7 579 2 597 8 614 5 621 4 304 5 310.9 307.8 310.7 308.3 310.7 313.7 312.4 Structures 137.8 136.8 137.2 137.1 139 7 136.7 133.9 128 8 75.5 67.5 72.8 70.7 69.8 66.4 63.2 59.5 Table 3.—Gross National Product by Sector in Current and Constant Dollars (1.7, 1.8) Gross national product.. Gross domestic product Business Nonfarm _ Farm Households and institutions. General government.. Federal State and local Rest of the world Addendum: Gross private product. 1,416. 31,, 430.9 1,417.1 839.2 821.2 845.7 830.5 827.1 823.1 804.0 780.2 1,286.5 1,385.6 1,335.2 1,344.0 1,374.1 1,405.2 1,418.9 1,409.4 833.9 816.9 840.7 823.5 824.1 819.8 800.0 777.7 1, 096. 8 1,177. 8 1,138.8 1,143.1 1,168. 8 1,195. 7 1, 203. 6 1,189. 2 1,040. 3 1,124.1 1,074.5 1,082.6 1,117.8 1,144.4 1,151.5 1,142. 9 56.5 53.8 64.4 51.3 60.5 51.1 52.1 46.3 753.1 725.8 27.4 733.8 706.3 27.5 759.2 731.0 28.2 740.9 713.9 27.0 741.4 712.7 28.7 736.6 708.0 28.6 716.5 690.8 25.7 693.5 666.0 27.5 18.9 18.8 18.9 63.9 21.1 42.8 64.2 21.0 43.2 64.8 21.0 43.7 65.2 21.0 44.3 1,294.9 1,397.4 1,344.0 1,358.8 1,383.8 47.0 43.0 44.6 46.5 48.0 48.8 50.0 18.5 18.9 18.7 19.1 148.5 52.8 95.7 160.8 55.7 105.1 153.4 54.3 99.1 156.3 54.8 101.5 158.8 55.0 103.9 161.6 55.3 106.3 166.5 57.9 108.7 170.2 58.1 112.2 62.3 21.3 41.0 64.1 21.1 43.0 62.9 21.1 41.7 63.5 21.1 42.3 8.4 11.9 14.7 9.7 11.1 12.0 7.7 5.2 4.3 5.0 7.0 3.0 3.3 4.0 2.5 1,146.5 1,236.6 1,190.7 1,202.5 1,225.0 1,254.7 1,264.4 1,246.9 776.9 757.1 782.8 767.0 763.2 758.8 739.2 714.9 41.3 HISTORICAL STATISTICS THE 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 District Office or the Superintendent of Documents; see addresses inside front cover). Each July SURVEY contains preliminary data for the latest 2 years and fully revised data for the preceding 2. The July 1974 issue has data for 1970-73. Prior July issues have fully revised data as follows: 1969-70, July 1973; 1968-69, July 1972; 1967-68, July 1971; 1966-67, July 1970; 1965-66, July 1969; 1964-65, July 1968. CURRENT BUSINESS STATISTICS j_HE STATISTICS here update series published in the 1973 edition of BUSINESS STATISTICS, biennial statistical supplement to the SURVEY OF CURRENT BUSINESS. That volume (available from the Superintendent of Documents for $5.15) provides a description of each series, references to sources of earlier figures, and historical data as follows: For all series, monthly or quarterly, 1969 through 1972 (1962-72 for major quarterly series), annually, 1947-72; for selected series, monthly or quarterly, 1947-72 (where available). Series added or significantly revised after the 1973 BUSINESS STATISTICS went to press are indicated by an asterisk (*) and a dagger (f), respectively; certain revisions for 1972 issued too late for inclusion in the 1973 volume appear in the monthly SURVEY beginning with the August 1973 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 1973 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. 1972 Unless otherwise stated in footnotes below, data through 1972 and descriptive notes areas shown in the 1973 edition of BUSINESS STATISTICS 1974 1973 1972 'I TI | III Annual total rv I II 1975 1974 1973 IV | III I II III | IV I Seasonally adjusted quarterly totals at annual rates GENERAL BUSINESS INDICATORS—Quarterly Series NATIONAL INCOME AND PRODUCTf 1,430.9 " 1,417. 1 1,158.0 1,294.9 1, 397. 4 1,115.0 1,143.0 1,169.3 1,204.7 1,248.9 1,277.9 1,308.9 1,344.0 1,358.8 1,383.8 1,416.3 729.0 805.2 876.7 701.5 720.6 736.8 757. 2 781.7 799.0 816.3 823.9 840.6 869.1 901.3 895.8 " 913. 2 do do do 118.4 53.1 48.7 130.3 57.5 55.0 127.5 49.7 58.8 112.1 49.4 47.1 116.2 51.5 47.9 121.2 55.3 49.3 124.3 56.4 50.7 132.4 60.4 54.3 132.1 59.2 54.9 132.4 59.3 55.5 124.3 51.2 55.4 123.9 48.0 57.5 129.5 50.6 59.5 136.1 56.2 60.4 120.7 43.7 57.8 r 124. 9 Nondurable goods total 9 Clothing and shoes Food and beverages Gasoline and oil _. . do do . do do 299.7 63.0 143.7 25.0 338.0 70.2 165.1 28.3 380.2 74.1 187.7 35.9 288.4 60.0 139.3 24.6 297.4 62.5 142.4 24.5 302.0 63.7 144.7 25.1 310.9 66.0 148.5 25.8 323.3 69.1 155.9 26.8 332.7 70.1 160.9 28.0 343.8 70.6 169.1 28.7 352. 1 70.9 174.5 29.8 364.4 72.8 180.1 31.5 375.8 74.4 183.5 36.8 389.0 75.7 191.3 37.9 391.7 73.7 196.0 37.5 " 398. 8 "76.2 " 201. 4 "37.8 Services total 9 Household operation Housing Transportation do do .. do do 310.9 43.3 107.9 21.8 336.9 47.3 116.4 23.4 369.0 52.9 126.4 26.1 301.0 41.2 105.1 21.5 307.0 42.6 106.9 21.6 313.6 43.9 108.9 21.9 322.0 45.5 110.7 22.3 325.9 45.6 113.1 22.8 334.2 46.6 115.6 23.1 340.1 48.3 117.0 23.6 347.4 48.7 119.7 24.1 352.4 49.2 122.2 25.0 363.8 51.7 124.9 25. 6 376.2 54.6 127.7 26.5 383.5 56.0 130. 9 27.1 " 389. 5 "57.0 " 134. 1 "28.1 do 179.3 209.4 209.4 169.4 175.5 182.1 190.2 199.0 205.1 209.0 224.5 210.5 211.8 205. S 209. 4 "163.1 do do do ...do do do do . do 170.8 116.8 41.1 75.7 54.0 53.4 8.5 7.8 194.0 136.8 47.0 89.8 57.2 56.7 15.4 11.4 195.2 149.2 52.0 97.1 46.0 45.2 14.2 11.9 164.5 112.7 40.7 72.0 51.8 51.2 5.0 4.1 167.6 114.7 41.0 73.7 52.9 52.3 8.0 7.0 171.9 117.5 40.6 76.8 54.5 53.9 10.2 9.6 179.2 122. 5 42.2 80.3 56.7 56.2 11.0 10.4 189.0 130.5 44.6 85.9 58.5 58.0 10.0 6.5 194.4 135. 6 46.2 89.4 58.7 58.4 10.7 7.7 197.1 139.0 47.9 91.1 58.1 57.6 11.8 7.4 195.5 141.9 49.3 92.6 53.6 53.0 28.9 24.0 193.6 145. 2 51.3 93.9 48.4 47.8 16.9 13.1 198.3 149. 4 52.2 97.2 48.8 48.0 13.5 10.4 197. 1 150. 9 51.0 99. 9 46.2 45.4 8.7 6.6 191. 6 151.2 53.7 97.5 40.4 39. 7 17.8 17.5 " 182. 2 " 146. 9 52.8 "94.2 "35.3 "34.8 "-19. 2 "-17. 8 -6.0 72.4 78.4 3.9 100.4 96.4 2.1 140.2 138.1 -7.1 69.1 76.1 -6.9 68.8 75.7 -4.8 73.3 78.1 -5.3 78.5 83.8 -.8 88.8 89.5 .5 95.4 94.9 6.7 103.7 96.9 9.3 113.6 104.3 11.3 131.2 119.9 -1.5 13< 5 140.0 -3.1 143.6 146.7 1.9 147.5 145.7 "9.3 " 143. 4 " 134. 1 255.7 104.9 74.8 150.8 276.4 106.6 74.4 169.8 309.2 116.9 78.7 192.3 251.1 105. 6 75.9 145.5 253.8 105. 9 75.9 147.9 255.1 102.7 72.6 152.4 262.6 105.2 74.7 157.4 269.0 106.4 75.0 162.6 273.3 106.2 74.0 167.1 276.9 105.3 73.3 171.6 286.4 108.4 75.3 177.9 296.3 111.5 75.8 184.8 304.4 114.3 76.6 190.1 312.3 117.2 78.4 195. 1 323.8 124. 5 84.0 199. 3 " 331. 6 " 126. 5 "84.7 205.1 do do do do do do 1,149.5 535. 2 214.3 321.0 488.1 126.1 1,279.6 607.3 240.9 366.5 534.4 137.8 1, 383. 2 656.1 249. 2 406. 9 590. 3 136.8 1,110.0 514.3 204. 6 309.7 472.1 123.6 1,135.1 529.4 210.6 318.9 481.5 124.1 1,159.1 541.0 218.3 322.7 492.4 125.6 1,193.7 556.2 223.6 332.6 506.5 130.9 1,238.9 1,267.2 585.8 600.9 241.2 237.8 347.9 359.7 516.0 528.3 137.1 138.0 1,297.0 618.0 243.9 374.2 540.2 138.8 1,315.1 624.7 240. 6 384.1 553. 2 137.2 1,341.9 635. 0 242. 3 392.8 569.7 137.1 1,370.3 651.3 248. 5 402. 9 579. 2 139.7 1,407.6 (573.0 259. 8 413. 2 597.8 136.7 do do do 8.5 7.1 1.4 15.4 9.4 6.0 14.2 7.7 6.5 5.0 2.7 2.2 8.0 5.8 2.2 10.2 6.8 3.4 11.0 13.2 -2.2 10.0 6.1 3.9 11.8 9.0 2.9 28.9 14.8 14.1 16.9 8.7 8.2 13.5 -1.8 15.4 8.7 5.7 3.0 792.5 839.2 821.2 770.9 786.6 798.1 814.2 832.8 837.4 840.8 845.7 830.5 827.1 527.3 552.1 539.5 512.8 523.2 531.2 542.2 552.9 553.7 555. 4 546.3 539.7 542.7 do do do 104.9 220.2 202. 2 113.6 228.6 209.9 103.1 223.7 212.6 99.8 214.4 198.6 103.0 219.8 200.4 106.8 221.3 203.0 110.1 225. 4 206.6 117.2 228.7 207.1 115.7 228.3 209.7 114.3 230.0 211.2 107.2 227.4 211.7 105. 2 223.9 210.6 Gross private domestic investment, total.. .do 125.0 138.1 126.7 119.4 123.2 126.6 130.9 134.4 136.3 135.8 145. 8 128.4 94.3 34.1 7.8 127.7 95.1 32.6 8.0 125.8 96.0 29.8 20.0 Gross national product totalf bll $ Personal consumption expenditures, total.. do Durable goods, total 9 Automobiles and parts Furniture and household equipment Gross private domestic investment total Fixed investment Nonresidential Structures Producers' durable equipment Residential structures Nonfarm Change in business inventories Nonfarm Net exports of goods and services Exports Imports -. do do do Govt. purchases of goods and services, total . do Federal do National defense do State and local do By major type of productrf Final sales total Goods total Durable goods Nondurable goods Services Structures Change in business inventories Durable goods Nondurable goods 10.7 7.7 3.0 "46.8 "57.9 1,413.1 " 1,436. 3 (Hi4. 8 " 686. 1 " 252. 9 246. 2 ' 433. 2 418. 6 "621.4 614.5 " 128. 8 133. 9 17.8 18.3 -.5 "-19. 2 "-13. 4 "-5.7 823.1 804.0 " 780. 2 547. 2 528. 2 " 531. 5 106.8 223.6 212.2 107.8 225. 8 213. 7 92. 8 221.4 214. 1 " 95. 2 " 222 5 "213.7 133.3 130.3 122. 7 120. 5 " 89. 3 122. 7 96.3 26.4 10.6 122.2 96.5 25.7 8.2 117.7 94.1 23.6 o.O 100. 6 89. '2 20. 4 10.9 " 101.0 "83.8 " 17.3 "-11. 7 GNP in constant (1958) dollars! Gross national product, totalt bil.$.. Personal consumption expenditures, total, .do Durable goods Nondurable goods Services Fixed investment .. Nonresidential Residential structures Change in business inventories. do .. do do do 118.0 83.7 34.3 7.0 127.3 94.4 32. 9 10.8 118.0 94.0 24.0 8.7 115.2 81.3 33.8 4.2 116.6 82.4 34.2 6.6 118.1 83.8 34.3 8.5 122.0 87.2 34.8 8.8 127.1 92.2 35.0 7.3 do -3.0 4.6 9.0 -4.9 -3.6 -1.4 -1.9 1.4 3.5 5.8 7.9 11.5 8.2 7.3 9.1 " 11.8 Govt. purchases of goods and services, total _ do Federal do State and local do 143.1 61.0 144.4 57.3 87.0 146.0 56.5 89.5 143.8 62.9 80.9 143.8 62.5 81.3 141.8 59.5 82.4 143.0 59. 2 83.8 144.1 58.9 85.2 143.9 57.7 86.2 143.7 56.2 87.5 145.7 56.4 89.3 146.0 56.3 89.7 145.8 56.3 89.5 145. 9 56. 5 S9. 4 146.3 57.0 89.3 " 147. 7 "57.4 " 90. 2 Net exports of goods and services K>. 1 r Revised. » Preliminary. t Re vised series. Estimates of nation al income and proc uct and personal income have been revised back tc 1971 (see p. 1 le July 19 74 SURVJ:Y); i ft. of a revisi 3ns prior to May 1973 for \ersonal i ucome a opear on pp. 22-2 3 of the Jiily 1974 SUKVEY. 9 I ncludes iata not shown s eparateljT. S-l SURVEY OF CURRENT BUSINESS S-2 Unless otherwise stated in footnotes below, data through 1972 and descriptive notes are as shown in the 1973 edition of BUSINESS STATISTICS 1972 1 1973 | 1974 1973 1972 Annual total II III May 1975 IV I II 1974 III IV I 1975 II III IV I II GENERAL BUSINESS INDICATORS—Quarterly Series—Continued NATIONAL INCOME AND PRODUCT— Con. Quarterly Data Seasonally Adjusted at Annual Rates Implicit price deflators:! Gross national product Index, 1958=100 Personal consumption expenditures do Gross private domestic investment: Fixed investment do Nonresidential .. .do Residential structures do Govt. purchases of goods and services do National income, to talf 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 Farm Rental income of persons . Corporate profits and inventory valuation ment total By broad industry groups: Financial institutions Nonflnancial corporations total Manufacturing total Nondurable goods industries Durable goods industries 154. 31 145.9 170. 18 162. 5 145.31 137.7 146. 50 138.7 147. 96 139.7 149. 95 141.4 152. 61 144.3 155. 67 147.0 158. 93 150.8 163. 61 155.8 167.31 160.2 172. 07 164.7 144.8 139.6 157.4 178.6 152.4 144.9 174.0 191.5 165.3 158.7 191.4 211.8 143.8 139.3 154.6 176.5 145.6 140.2 158.9 179.9 146. 9 140.5 162.8 183.6 148.7 141.7 167.1 186.7 151.4 143.9 172.1 189.9 154.3 146.1 178.1 192.6 155.4 147.9 179.7 196.5 157.8 150.7 183.8 202.9 162.3 154.9 190.0 208.8 167.5 160.4 195.9 214.1 946.5 1,065.6 1 142 5 932.5 954.3 987.0 1,027.6 1,051.2 1,077.3 1,106.3 1,118.8 707. 1 786.0 855 8 699 0 712.6 732.9 759 1 776.7 793.3 814.8 1,130.2 1,155 5 177.97 '181.65 169. 6 ••171.8 174. 9 169. 6 197.9 221.4 T 180. 4 'r 175. 4 204 3 ' 224. 6 1,165.4 p 1 149.8 828.8 848.3 868.2 877 7 r 761. 5 602.5 20.8 138.2 106.7 769. 2 605 1 22.0 142.1 108.6 'r 765. 1 597. 4 22.0 145.7 110.5 875 6 do do do do do 626.8 491.4 20.5 114.8 80.3 691.6 545 1 20.6 126.0 94.4 750.7 592 4 21 2 137.1 105.1 619.7 486 7 20. 1 113.0 79.3 631.2 495.3 19.9 116.0 81.4 649.6 508. 7 21.2 119.7 83.4 667.6 525 0 20.8 121.9 91.5 683.6 538.7 20.3 124.5 93.1 698.2 550.8 20.2 127.2 95.1 717.0 565.8 21.0 130.2 97.7 727.6 573 8 21.0 132.8 101.2 744.6 588.3 20.9 135.4 103.7 do do .do do 75.9 54.9 21.0 25.9 96.1 57.6 38.5 26. 1 93.0 61 2 31.8 26 5 74.6 54.3 20.3 24 4 75.8 55.5 20.3 26.8 80.1 56.1 24.0 26.7 89.1 57.0 32.1 26 3 92.8 57.1 35.6 25.7 99.3 57.7 41.5 26.2 103.2 58.4 44.9 26.4 98.4 59.3 39.1 26.4 89.9 60.7 29.1 26.3 92.1 62.3 29.8 26.6 91.6 62.5 29. 1 26 8 ••84.9 ••62.7 22.2 27.0 adjustbil $ 92.2 105 1 105 6 89 5 92.9 99.8 103 9 105.0 '105.2 106.4 107.7 105.6 105.8 103.4 ^93.4 17 6 74 5 40.8 19 0 21.8 19 6 85 5 47.6 21 5 26 1 20 84 47 30 17 8 9 0 0 0 17 4 72 1 39.6 18 1 21.5 17 8 75 I 40.8 19 4 21.4 18 3 81.5 45.1 20.0 25. 1 18 7 85 2 48.6 20 9 27.6 19.4 85.6 48.4 21.5 26.9 19 8 85.4 47.1 21 4 25.7 20 4 86.0 46.4 22 1 24.3 20 8 87 0 46.2 26 9 19.3 20.7 84.9 46.8 29.7 17.1 20.7 85.1 48.6 33.3 15.3 20 9 82.5 46.3 30 1 16.2 f 20 6 P72.8 9.2 24.6 9 2 28.7 78 30 1 89 23.6 9.5 24.8 9.9 26.6 9 4 27.2 8.8 28.4 9.5 28.8 9.2 30.3 7.1 33.7 8.0 30.1 8.6 28.0 7.5 28.7 do do do do do 99 2 41.5 57.7 27.3 30.3 122 7 49 8 72.9 29.6 43.3 140 7 55 7 85.0 32 7 52.4 96 0 40.3 55.7 27.1 28.6 100.2 41.8 58.4 27.8 30.6 108.2 45.2 63.1 28.2 34.9 120 4 48.9 71.5 28.7 42.8 124.9 50.9 74.0 29.1 44.9 122.7 49.9 72.9 29.8 43.1 122.7 49.5 73.2 30.7 42.5 135 4 52.2 83.2 31.6 51.6 139.0 55.9 83.1 32.5 50.5 157.0 62.7 94.3 33.2 61.1 131.5 * 100.3 52.0 ^38.6 79.5 »61.8 33.3 '33.8 46.2 ^28.0 do do -7.0 45.6 -17.6 52.3 -35. 1 61.6 -6.5 44.9 -7.3 46.2 -8.4 47.5 -16.5 49.2 -20.0 51.1 -17.5 53.2 -16.3 55.5 -27.7 57.5 -33.4 60.1 -51.2 62.8 -28.1 ' -7.0 65.9 '68.9 bil. $ _ do do do do 944.9 142 4 802.5 749 9 52.6 1,055.0 1,150.5 151 3 170 8 903.7 979.7 902 7 829 4 74.4 77.0 930.9 140 9 790.0 741. 1 49.0 950.3 143 1 807.2 757.9 49.3 985.0 147 0 838.1 779.2 58.9 1,013.6 1,039.2 147.2 144 1 892.1 869.5 822.5 804 2 69.6 65.3 1,068.0 154 2 913.9 840.7 73 2 1,099.3 1,112.5 1,134.6 168.2 159 9 161 9 966.5 939.4 950.6 894.9 850. 1 866 2 89.3 84.4 71.5 1,168.2 175.1 993.1 927.6 65.5 1,186.9 178 1 1,008.8 922.3 86.5 bil. $ do do do. _. 88 44 31 35 15 64 15.72 99.74 38.01 19.25 18.76 112. 40 46.01 22.62 23.39 22.01 7.63 3.71 3.92 21.86 7.74 3.86 3.87 25.20 9.38 4.77 4.61 21.50 7.80 3.92 3.88 24.73 9.16 4.65 4.51 25.04 9.62 4.84 4.78 28.48 11.43 5.84 5.59 24.10 9.49 4.74 4.75 28.16 11.27 5.59 5.69 28.23 11.62 5.65 5.96 31.92 13.63 6.64 6.99 do do do do do 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 146. 12 138.2 Inventory valuation adjustment Net interest DISPOSITION OF PERSONAL INCOME f 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§ '1,193.4 ' 178. 0 '1,015.5 ' 939. 5 ' 75. 9 NEW PLANT AND EQUIPMENT EXPENDITURES Unadjusted quarterly or annual totals: All industries. Manufacturing Durable goods industries 1 Nondurable goods industries ^ 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 ^ Nondurable goods Industries f Nonmanufacturing Mining. Railroad Air transportation Other transportation 57 09 61.73 66.39 14.38 14.12 15.83 13.69 15.57 15.42 17.05 14.61 16.89 16.61 18.29 14.87 16.80 do do do do 2.42 1.80 2.46 1.46 2.74 1.96 2.41 1.66 3.18 2.54 2.00 2.12 .61 .48 .73 .39 .59 .38 .61 .35 .63 .47 .63 .40 .63 .46 .52 .32 .71 .46 .72 .43 .69 .48 .57 .44 .71 .56 .60 .47 .68 .50 .47 .34 .78 .64 .61 .49 .80 .64 .43 .58 .91 .78 .48 .71 .87 .66 .46 .53 .93 .80 .60 .61 do do do do do 17.00 14.48 2.52 11. 89 20.07 18.71 15. 94 2.76 12.85 21.40 20. 55 17.63 2.92 13.96 22.05 4.24 3.61 .62 2.95 4.98 4.39 3.67 .72 2. 84 4.97 4.74 4.01 .73 3.39 5.57 3.95 3.45 .50 4.59 3.91 .68 5.30 4.56 .75 5.20 4.42 .78 5.67 4.80 .87 4.37 3.81 .56 5.08 4.32 .76 5.40 5.36 4.54 .82 3.53 5.83 4.38 3.85 .52 4.94 4.82 4.04 .77 3. 19 5.24 5.05 5.46 5.57 5.97 27.98 28.77 do do do do 87.12 30.37 14.77 15.60 87.67 30.98 15.67 15.31 91.94 33.64 16.86 16.78 96.19 35.51 17. 88 17.63 97.76 36.58 18.64 17. 94 100.90 38.81 19.73 19.08 103.74 40.61 20.48 20.13 107. 27 42.96 21.43 21.53 111.40 45.32 22.50 22.82 113.99 47.04 23.08 23.96 116.22 48.08 23.28 24. 80 do 56.75 56.70 58.30 60.68 61.18 62.09 63.12 64.31 66.08 66.94 68.14 65.67 66.07 do do do do 2.38 1.88 2.89 1.53 2.40 1.50 2.67 1.41 2.46 1.71 2.33 1.42 2.59 2.11 2.21 1.53 2.77 1.75 2.72 1.62 2.82 1.95 2.49 1.79 2.76 2.05 2.20 1.73 2.80 2.10 2.13 1.63 3.07 2.42 2.21 1.84 3.27 2.68 1.84 2.16 3.56 3.05 1.81 2.71 3.59 2.83 2.06 2.67 3.64 3. 05 16.60 17.01 Public utilities do 14.32 14.62 Electric do 2.27 2.38 Gas and other do 11.59 11.56 Communication do 20.16 19.88 Commercial and other. . . . do .. l ' Revised. v Preliminary. Estimates (corrected for systematic biases) for Jan.Mar. and Apr.-June 1975 based on expected capital expenditures of business. Expected expenditures for the year 1975 appear on p. 17 of the March 1975 SURVEY. 2 Includes communication. t See corresponding note on p. S-l. 9 Includes inventory valuation i 25. 33 i 28. 67 11.87 10.46 5.32 4.87 6.55 5.60 3 0Q o 70 1113.22 i 113. 83 47.76 47.55 21.44 22.04 26.32 25.51 2. 63 20.10 20.14 20. 93 20.16 20.97 20.12 19.80 18.38 18.08 18.58 17.53 17. 17 16. 93 17.76 18.10 17.47 17.12 15.55 16.72 15.40 16.00 14.67 2.92 3.21 3.17 2.68 2.87 3.00 2.52 3.08 2.58 2.98 2.86 14.04 2 14.01 13.94 13.83 13.24 12.70 12. 34 13. 12 12.63 34. 38 22. 04 22.84 21.63 21.69 21.55 21.35 21.36 20.21 21.53 adjustment. 0 Personal outlays comprise personal consumption expenditures, interest paid by consumers, and personal transfer payments to foreigners. § Personal saving is excess of disposable income over personal outlays. HData for individual durable and nondurable goods industries components appear in trie Mar., June, Sept., and Dec. issues of the SURVEY.