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BUSINESS STATISTICS
A HE STATISTICS here update series published in the 1963 edition of BUSINESS STATISTICS, biennial Statistical Supplement to the SURVEY
OF CURRENT BUSINESS. That volume (price $2.00) contains data by months, or quarters, for the years 1959 through 1962 (1951-62, for major
quarterly series) and averages of monthly or quarterly data for all years back to 1939; it also provides a description of each series and references
to sources of earlier figures. Series added or significantly revised after the 1963 BUSINESS STATISTICS went to press are indicated by an asterisk
(*) and a dagger (f), respectively; certain revisions for 1962 issued too late for inclusion in the aforementioned volume appear in the monthly
SURVEY beginning with the August 1963 issue. Also, unless otherwise noted, revised monthly data (for periods not shown herein) corresponding
to revised monthly averages are available upon request. Except as otherwise stated, the terms "unadjusted" and "adjusted" refer to adjustment
for seasonal variation.
Statistics originating in Government agencies are not copyrighted and may be reprinted freely,
through the courtesy of the compilers, and are subject to their copyrights.
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS

1961

1963

1962

1960
IV

Annual total

Data from private sources are provided

1961
I

II

1962
III

I

IV

1963

II

III

I

IV

|

II

III | IV

Seasonally adjusted quarterly totals at annual rates

GENERAL BUSINESS INDICATORS—Quarterly Series
NATIONAL INCOME AND PRODUCT
National income, total

r

r

bil. $

426 1

453. 7

478. 1

412.8

411 1

423 2

429 0

441 0

444 7

452 4

455 5

46° 2

466 7

474 6

482 0

do

302 1

322. 9

340.4

293.9

294 0

300 1

304 4

309 9

316 0

329 5

325 3

327 7

332 0

338 7

342 8

347 9

278.8
227 0
10.2
41.6
23 3
48.1
35.3
12 8
12.1

297.1
241.6
10.8
44.7
25.7
49.8
36. 5
13.3
12.0

312. 3
253. 0
11.0
48.3
28.0
50. 5
37.7
12.8
12. 1

271.3
221.6
10.0
39.7

276.9
225 8
10 0
41.2
23 1
47 6
35.0
12 6
12.1

281.0
228 8
10 0
42.2
23 4
48 3
35.7
12 6
12 1

286. 1
239 5
10 8
42 8

299.4
243 7
10 7
45 0
95 9

4q 5
36.3
13 2
12 0

290.7
930 i
11 1
43 6
25 2
49 5
36.0
13 5
12 0

296.8
241 7
11 0
44 1
95 7

46 6
33.8
12 7
12 1

271.2
220 8
10 0
40.4
22 8
47 0
34.2
12 8
12 1

49 6
36.5
13 1
12 0

49 8
36.6
13 2
12 0

301. 5
944 7
10 5
46 3
2P 2
50 3
36.9
13 4
12 0

304. 5
246 7
10 7
47 1
27 5
50 7
37.2
13 5
12 0

310.8
252 2
10 8
47 8
27 9
50 0
37.4
12 6
12 0

314.6
255 1
10 8
48.7
28 2
50 5
37.8
12 7
12 1

319.4
258 1
11 8
49. 5
28 5
50 8
38.2
12 6
12 2

43 8

47 0

51 1

41 5

38 8

43 6

44 0

48 6

46 1

46 5

46 1

49 3

48 8

50 1

52 2

r

43.8
22.0
21.8
15 3
6.5
.0

46.8
22.2
24.6
16. 6
8.1
.2

51.5
24.4
27.1
17.8
9.3
-.4

41. 1
20 6
20 4
14 8
5 6
.5

38.5
19 4
19 2
15 0
4 2
.3

43.4
21 8
21.6
15 1
6.5
.2

44.3
22 3
22.0
15 2
6 8
-.3

48.9
24 6
24 3
15 8
8 5

45.9
21 7
24 2
16 2
8 0
1

46.7
22 1
24 6
16 4
8 2
— 2

46.2
21 9
24 3
16 5
7 8
— l

48.4
29 9
25 5
17 1
8 4
9

48.3
25 4
17 1
83
4

51.0
24 2
26 8
17 6
9 2
— 9

52.2
24 7
27 5
17 6
9 g
0

-54. 3
25 8
r
'2S 6
18 8
r
9 7
—1 1

20 0

22 0

24 1

18 8

19 1

19 8

20 3

91 0

21 2

21 7

2° 3

93 Q

23 3

23 7

24 3

25 0

518 2

554. 9

585. 1

50? 1

500 4

512 5

521 9

537 8

544 5

552 4

556 8

565 2

571 8

579 6

588 7

600 1

Personal consumption expenditures, total. .do

336.8

355. 4

373. 1

330. 3

330.7

334. 9

337.9

343.8

348.8

352. 9

356.7

362.9

367.4

370.4

374. 9

379.9

Durable goods, total©
do
Automobiles and parts
do
Furniture and household equipment- .-do
Nondurable goods, total©
do
Clothing and shoes
do
Food and alcoholic beverages
do
Gasoline and oil
do
Services, total © _ _
do
Household operation
do
Housing
do
Transportation
„
do

43.6
17.1
19.2
155. 1
28 6
81.1
11 9
138 0
20 4
44 1
10 7

48.2
20.4
20.2
161.4
29 8
84.2
12.3
145 7
21.5
46 6
11 3

51. 5
22.3
21.3
167. 1
30 3
86.7
13 0
154 5
22 6
49 2
12 1

43.9
17.9
18.8
152. 3
27 7
79.9
11 9
13d 9
19 9
42 8
10 8

41.2
15. 7
18.3
153. 9
9
28
80.6
11 9
135 6
20 0
43 3
10 7

43.1
16.7
19.1
154.5
28 2
81.0
11 7
137 3
20 4
43 8
10 6

43.9
17.0
19.6
155.3
28 6
8L2
11 9
138 8
20 6
44 4
10 7

46.4
18.9
20.0
156. 9
29 3
81.6
11 9
140 5
20 8
45 0
10 8

47.3
19.7
20.0
158.9
29 7
82^7
12 1
142 6
21 3
45 6
11 1

47.5
20.1
19.8
160. 6

47.7
19.8
20.3
162.5

50.5
22.2
20.6
163. 6

50.6
22.0
20.9
165.3

51.0
22.3
20.7
165.9

50.8
21.5
21.3
168.6

53. 6
23.3
22.3
168. 7

85.2
12 6
148 9
21 8
47 6
n o

85.8
12 8
151 4
22 2
48 2

86.3
13 0
153 5
22 4
48 8

87.2
13 1
155 5
92 g

Gross private domestic investment, total. _ .do

69.0

78. 8

82.3

65. 3

59. 6

66.6

72.0

77. 6

77.3

79.6

78.9

78.8

77.8

80.7

83.7

87.1

do
do
do
do
do

41 6
21.0
25 5
1.9
15

44 4
23.2
28 8
5.5
4 9

46 6
25. 0
30 9
4. 7
4 2

40 7
20.5
26 8
-2.3

39 3

42 6
21.9
25 8
3.5
3 2

43 2
22.8
97 i
7.2
6 9

41 7
21.2
27 4
8.1
7 6

44 5
23.3
28 7
6.5
5 8

46 0
24.2
29 3
3.6

45 0
23.7
29 9
4.0
3 2

AO 7

Ar o

24 6
-4.3
—4 6

41 0
20.1
24 5
1.1
8

22.7
90 n
5.1
4 3

24.8
30 7
4.3
36

25.9
3

4.2
7

26.8
32 5
5.4
51

do
do
do

4.4
27 5
23 1

3.8
28 9
25 1

4.5
30 7
26 2

4.9
97 o

5.4
27 5
22 1

4.3
26 5
29 2

4.1
27 8
23 7

4.0
9
83
24 2

3.3
27 9
94 g

4.4
on r
25 0

90 4

95 3

5.4
39 °.

92 1

25 5

Govt. purchases of goods and services, totaL_do
Federal (less Government sales)
do
National defense 9
do
State and local
do

107.9
57.4
49 0
50 6

117.0
62.4
53 3
54 6

125. 1
66.3
56 7
58 8

101.6
53.7
45 9
48 0

104.7
55. 4
47 5
49 3

106. 8
57. 1
49 0
49 7

107.9
57.1
48 6
50 8

112.3
59.8
50 9
52 5

115. 1
61.8
52 5
53 3

115.5
61.9
52 9
53 6

117.0
62.4
53 5
54 6

120.2
63.6
54 3
56 6

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

516 3
257 3
93 8
163. 5
200. 4
58 6

549 3
272 8
101 5
171.3
214. 5
62 1

580 3
286 9
109 6
177.2
228.0
65 4

504 4
254 3
93 2
161.1
192.8
57 3

^04 7
252 8
90 6
162.2
195.3
56 7

511 4
254 6
92 1
162.5
199.1
57 7

518 3
257 6
94 3
163.3
201.5
59 2

530 5
264 0
98 2
165.8
205.7
60 9

536 3
268 1
99 9
168.2
209. 0
59 2

546 0
270 7
99 9
170.8
213.5
61 8

553 1
274 8
102 6
172.1
215. 2
63 1

561 2
977 4

981 7

103 5
174.0
220.2
63 6

106 3
175.3
222. 5
62 5

7.2
4 7
2.5

8.1
4 8
3.3

6.5
31
3.4

3.6
2 5
1.2

4.0
13
2.6

5.1
i i
4.0

Compensation of employees, total

Wages and salaries, total
do
Private
do
Military
__
do
Government civilian
do _
Supplements to wages and salaries
do
Proprietors' income, totald"
do
Business and professionalc?
do
Farm
__ _
do
Rental income of persons
_do _ Corporate profits and inventory valuation adjustment total
bil $
Corporate profits before tax, total
Corporate profits tax liability _ _
Corporate profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment
Net interest
Gross national product, total

New construction
Residential nonfarm
Producers' durable equipment
Change in business inventories
Nonfarm
_ .
Net exports of goods and services
Exports
Imports

Inventory change, total
Durable goods
Nondurable goods
" Revised.
p Preliminary.




do
do
do
do
do
__do__ _
do
do .

do
do
do
do
do_
do

19! o

do
5.5
-2.3
4. 7
-4.3
1.1
1.9
do
— 4
2 9
—2 7
2 1
—6 6
—1 5
do
2.2
2.6
.4
2^6 1
2." 3 1
2.6
<? Includes inventory valuation adjustment.
© Includes data not

3.5
2 0
1.5

0

shown separately.

90 ^

90 Q

83.9
12 2
144 8
21 5
46 3

85.0
1° 3
146 6
21 5
46 9

n

o

n

A

9 g

4.1

3.3

90 o

99 Q

on 9

n

o

90 7

OA

A

4Q (r

489 1

53 2

OA

A

87.4
13 2
157 7
93 A
50 '•*

1 9 '-{

4Q 9
qi &

no o
94 Q

on 7

4.8

01

4.3
4

9 r Q

97 1

9fi 0

123.0
65.5
56 4

123.8
66.5
56 7

125. 7
66.4
56 7

127.7
66. 6
57 2

3.6

K

K7

Kfip.

f\

c7 o

C7K

A

m

A1 9

a

109 6

176.0
226.5
63 3
4.3
3 A
1.3

1 1 f> n
178.3
229.6

m

(y

179.2
233. 6

fifi 7

(\Q °.

4.2

5.4

2.4 1

2.9

9 Government sales are not deducted.

s-l

April 1904

SURVEY OF CURRENT BUSINESS

S-2
Unless otherwise stated, statistics through 1962
and descriptive notes are shown in the 1963
edition of BUSINESS STATISTICS

1962

1961

1961

| 1963
II

Annual total

1963

1962
IV

III

II

I

III

IV

1

1964

III

II

IV

I

II

GENERAL BUSINESS INDICATORS—Quarterly Series—Continued
NATIONAL INCOME AND PRODUCT-Con.
Quarterly Data Seasonally Adjusted at Annual Rates
GNP in constant (1954) dollars
Gross national product tots!
bil. $-.
Personal consumption expenditures, total.. do
"Durable goods
Nondurable goods
Services

do
do
do

Gross private domestic Investment, total. ..do

447.7

474.8

492.9

443. 4

450. 4

463. 1

467.8

474.0

475. 6

481.4

485. 3

489.4

495.1

501.7

303. 6

317.6

328. 9

302. 2

304. 5

309.2

313.0

315.9

318.6

322.9

325.5

327. 0

330.1

332.8

41.5
143. 3
118.9

45. 6
147. 8
124. 3

48.6
151. 3
129. 0

40.9
142. 9
118.4

41.6
143. 5
119.4

44.1
144.7
120.4

44.7
146. 0
122.3

44.7
147. 4
123.8

45.0
148.8
124.8

47.8
148.9
126.2

48.1
150. 1
127.3

48.0
150.5
128. 5

48.0
152. 6
129.6

50.4
151.9
130. 6

57. 5

C5.2

67. 7

55. 6

59. 9

64.7

64.4

66.0

64.8

65.2

64.6

66.4

68.6

71.4

34.7
21.0
1.7

36. 7
23.8
4.8

37.8
25. 5
4.4

34.2
20.2
1.2

35. 5
21.3
3.1

36.0
22.4
6.3

34.7

36.8
23.6
5.7

37.8
24.2
2.9

36.9
24.8
3.4

35.7
24.0
4.9

37.3
25.3
3.8

38.6
26.1
4.0

39.5
26.8
5.0

Producers' durable equipment
Chancre in business inventories

do
do

Net exports of sfoods and services

do

2.3

1.8

2.6

1.9

1.9

1.7

.9

2.6

2.3

1.4

1.8

2.8

2.3

3.3

Govt. purchases of goods and services, total.-do
Federal
- do
State and local.--do

84.3
44. 8
39. 5

90.2
49.0
41.2

93.7
50. 5
43. 2

83.7
44.6
39.1

84.2
44.6
39.5

87.4
47.0
40.4

89.4
48.7
40.7

89.5
48.8
40.7

89.9
48.8
41.1

91.9
49.6
42.3

93.4
50. 6
42.9

93.2
51.0
42.1

94.1
50.7
43.4

94.2
49.8
44.4

417.4
52. 9
364. 4

442.1
57.7
384. 4

463. 0
60 5
402. 4

414.5
52. 5
362.0

420.2
53.0
367. 2

428.0
54.9
373.1

433. 5
56.2
377.3

440.7
57.9
382.7

444. 5
58.1
386. 5

449.9
58.5
391. 4

453. 9
59.4
394.5

459. 9
59.9
400.0

465. 2
60.8
404.4

473. 0
62.1
410.9

27.6

29.1

29.3

27.1

29.2

29.3

28.5

29.8

29.7

28.5

27.1

29.6

29.5

31.0

34. 37

37.31

39. 22

8.61

8.65

9.54

8.02

9.50

9.62

10.18

8.25

9.74

10.14

i 9. 15

210.99

13. 68
6.27
7.40

14. 68
7. 03
7. 65

15.69
t. 85
7.84

3.46
1.58
1.88

3.34
1.50
1.84

3.88
1.79
2.09

3.14
1.44
1.69

3.69
1.77
1.92

3.72
1.79
1.93

4.13
2.03
2.10

3.27
1.62
1.65

3.92
1.96
1.95

3.95
1.96
1.99

4.56
2.31
2.25

3.65
1.81
1.84

4.45
2. 32
2.13

.98
67
1. 85
5. f.2
3.22
8. 46

1.08
.85
2.07
5.48
3. 63
9.52

1. 04
1. 10
1.92
5. 65
3. 79
10. 03

.26
.18
.48
1.39
.81
2.04

.25
.16
.47
1.50
.78
2.16

.26
. 16
. 50
1.54
.88
2.32

. 26
!l6
.47
1.06
.88
2.06

.27
.26
.60
1.37
.93
2.37

.28
.24
.50
1.54
.87
2.48

27
'.20
.50
1.52
.95
2.60

.24
.21
.39
1.04
.85
2.26

.26
.28
.54
1.40
.95
2.41

.27
.29
.45
1.60
.93
2.64

.28
.33
.54
1.61
1.06
2.72

.24
.29
.48
1.12

.28
.41
.68
1.51

33.37

33.66

33.50

34.70

35.40

35. 70

36.95

38.35

37.95

36.95

38.05

40.00

41.20

141.25

13.50
6.20
7.30

13. 65
6. 10
7. 55

14.00
6.40
7.60

14.20
6. 55
7.60

14.45
6.95
7.50

15.05
7.25
7.80

15.00
7.30
7.70

14.85
7.35
7.50

15.30
7. 65
7.65

15.95
8.00
8.00

16. 45
8.30
8.15

16.65
8.30
8.35

17.40
9.00
8.40

1.00
. 70
1. 80
5. 50
3. 15
7.90

1.00
.65
1.90
5. 65
3.20
8.60

1.00
. 60
1.95
5.55
3.35
9.00

1.15
.70
2. 05
5.15
3.70
8.75

1.05
.95
2.25
5.40
3.65
9.25

1.10
1.00
2.00
5.75
3.60
9.85

1.00
.80
1.90
5. 45
3.60
10.20

1.05
.90
1.70
5.20
3.55
9.65

1.00
1.00
2.05
5. 45
3.65
9.65

1.05
1.20
1.85
5.90
3.85
10.20

1.05
1.35
2.10
5.80
4.05
10.45

1.05
1.25
2.15
5.70

1.10
1.40
2.45
6.00

314.40

* 14. 35

7!o

DISPOSITION OF PERSONAL INCOME
Quarterly Data Seasonally Adjusted at A nnual Rates
Less: Personal tax and nontax payments
Equals: Disposable personal income

do
do

Persona^ savin °" §
do
NEW PLANT AND EQUIPMENT
EXPENDITURES
Unadjusted quarterly or annual totals:
All industries
bil. $._
"Manufacturing
Durable goods industries .
Nondurable goods industries

-

do
do __
do

Mining
Kailroads
_ _._
Transportation other than rail
Public utilities
Communications
Commercial and other

-

do
-do
do
do_.
do
do

Seas. adj. qtrly. totals at annual rates:

r/uraou . ^OOIK u i ..

.^_-

Mining

do

Transportation, other than rail
P nhHr» n H H H p Q
^.ommumcau.) K

do _ .
do

BUSINESS POPULATION
Firms in operation, end of quarter (seasonally adi ustcd)
thous

11.09

4 4, 713

* 4, 755 4 4. 797

4, 750

4, 760

4,770

4,780

4,790

4,800

4,815

4,825

4, 835

4,850

33, 254

35, 544

7,535

7,917

8,653

8, 246

8,316

8,214

8, 478

8,463

9.753

8.373

14,497
2, 934
5, 436

16, 145
3,028
5, 791

16, 962
2, 880
6,276

3, 404
764
1,338

3, 826
680
1,365

3,881
71 /
1,415

3, 942
754
1,423

4, 030
748
1,444

4,127
732
1,423

4,046
794
1,501

4.014
748
1,508

4, 182
725
1, 546

4,392
708
1,594

4.374
699
1,628

do _ _
__do_

705

736
4,281

812
4, 532

171
856

173
1,029

174
1, 186

191
1, 075

182
1, 078

176
1,045

187
1,083

211
1,053

211
1,355

195
1,010

195
1.114

do
do

4. 150
1.598
1,011
1,541

3, 273
1, 557
1, 209
507

4, 082
1, 799
1,641
642

1,002
344
219
439

844
399
234
211

1, 280
397
464
419

861
199
357
305

834
506
329
-1

711
359
188
164

867
493
335
39

929
501
512
-84

1,734
488
620
626

474
209
294
-29

945
601
215
129

do

30, 313

32, 093

33, 379

7,956

7,247

7,682

7, 688

7, 901

8,327

8,177

7,715

8,344

8,534

8,786

do
do

19,913
8, 398

20, 479
9,311

21. 902
9, 701

4, 755
2,088

4,987
2,120

5,121
2,152

5,022
2,184

5,262
2,348

5, 270
2,280

4,925
2,499

5,010
2, 442

5,494
2, 409

5, 559
2, 362

5,839
2,488

Repayments on U.S. Govt. loans
do
Foreign capital other than liquid funds (net). do

1, 274
728

1 , 283
1, 020

974
802

851
262

99
41

196
213

155
327

237
54

601
176

290
463

176
87

190
251

419
194

189
270

-1,465 -1, 161. -2, 165
-905 -1,025 -495

421
-390

670
15

558
-27

-415
-37

113
-469

-301
-492

-748
-135

-1,409
121

161
-386

-169
—95

-452

-356

-793

-883

-1,288

—225

42. 70

8,955

do___
do
do-_.

2

4,860

31,778

- — --

-264

U.S.

BALANCE OF INTERNATIONAL
PAYMENTS*

Quarterly Data are Seasonally Adjusted
Imports:
Merchandise
Military expenditures
Other services __
Remittances and pensions
..
Govt. grants and capital outflows. _ _
i\\ * , ,
T
rr \
Oh *~f t

v!'

j

,
tfrtH

~

U.S. receipts, recorded
Exports:
Merchandise
_Services and military sales

Unrecorded transactions (net^

do

-655
-2, 370 -2, 186 -2,660
31
Total, net receipts or payments (— )
do
Net receipts or payments ( — ), incl. transactions in
nonrnarketable, medium-term convertible Govt.
-1.958
securities _ _ _ . _
.. _
mil. $_
r
Revised.
» Preliminary.
1 Estimates for Jan.-Mar. 1964 based on anticipated capital expenditures of business.
2 Estimates for Apr .-Juno 19(54 based on anticipated capital expenditures of business.
Anticipated expenditures for the year 1964 are as follows (in bil. $): All industries, 43.19;
manufacturing, total, 17.72; durable goods industries, 8.97; nondurable goods industries,
8.75; mining, 1.04; railroads, 1.38; transportation, 2,06; public utilities, 6.01; commercial and
s
other (incl.
Includes communications.
 communications), 14.98.



-971
-303
-1,274

-585

-533 -1,136
-239
-50
* Unadjusted. Data represent firms in operation as of Jan. 1; estimate for Jan. 1, 1963
is based on incomplete data.
§Personal saving is excess of disposable income over personal consumption expenditures
shown as a component of gross national product on p. S-l.
JMore complete details are given in the quarterly reviews in the Mar., June, Sept.,
and Dec. issues of the SURVEY.


Federal Reserve Bank of St. Louis, One Federal Reserve Bank Plaza, St. Louis, MO 63102