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SUEVEY OF CUKEENT BUSINESS

8

February 1970

NATIONAL INCOME AND PRODUCT TABLES
1968
1968

1969

III

1968
IV

II

III

IV

III

1968

Seasonally adjusted at annual rates

IV

II

III

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)
865.7

Gross private domestic investment

-_ .

876.4

892.5

908.7

924.8 942.8

952.2

707.6

727.5

712.8

718.5

723.1

726.7

730.6

729.8

576.0

544.9

550.7

562.0

572.8

579.8

589.5

452.6

466.1

458.2

457.6

462.9

466 2

466 5

468 6

83.3
230.6
222.8

Durable goods
Nondurable goods
Services

932.1

536.6

Gross national product. - .
Personal consumption expenditures

89.8
243.6
242.6

85.8
233 3
225.8

86.3
234.3
230.1

88.4
238.6
235.0

90.6
242 1
240.1

89.8
245.1
244.9

90.4
248.7
250.3

80.7
196.9
175.0

84.9
199.4
181.8

83.0
198.7
176.5

82.7
197.2
177.7

84.3
199.3
179.3

85 9
199 3
181 0

84 7
199 3
182 5

84.8
199 6
184.2

126.3

139.4

125.2

133.9

135.2

137.4

143.3

141.8

105.7

111.8

104.1

110.9

109.9

110.8

114.3

112.2

128.6

130.5

132.5

134.0

99.1

104.8

97.7

101.4

104.0

104.8

105.0

105.5

.

119.0

131.4

118.0

123.4

Nonresidential .
Structures .
_
Produces' dwabJft $<iuipiTi£Tit

88.8
29.3
59 5

99.2
33.4
65 8

88.1
29.0
59 1

91.5
30.1
61.4

95.3
32.3
63.0

97.8
32.1
65 7

101.1
34.7
66 4

102.5
34.5
68.0

75.8
22.7
53.2

81.4
24.0
57.4

75.0
22.2
52.7

77.3
22.9
54.4

79.4
23.9
55.5

81 0
23.3
57 7

82 4
24.6
57 8

82 8
24.3
58.6

Residential structures.. __
Nonfarm
Farm

30.2
29 6
.5

32.2
31.7
5

29.9
29 4
.5

31.9
31.4
.5

33.3
32.8
.5

32.7
32 2
.5

31.4
30 9
5

31.6
31.0
.5

23.3
22.8
.4

23.4
23.0
.4

22.7
22.3
.4

24.1
23.7
.4

24.6
24.2
.4

23.8
23 4
.4

22.6
22 2
.4

22.7
22.3
.4

7.3
7.4
—.1

8.0
7.8
.2

7.2
7.5
-.3

10.5
10.7
-.2

6.6
6.6
.0

6.9
6.7
.2

10.7
10.3
.4

7.7
7.4
.4

6.6
6.7
—.1

6.9
6.7
.2

6.4
6.7
—.3

9.6
9.8
-.2

5.9
5.9
.0

6.0
5.8
.2

9.3
8.9
.4

6.7
6.4
.3

25

21

36

1.2

1.5

16

27

27

.9

o

1.7

— .2

— .3

— .5

.4

.5

50 6
48.1

55 3
53.2

53 4
49.7

50.6
49.4

47.6
46.1

57.1
55.5

57 8
55.2

58.6
55.9

45.6
44.7

48.0
48.0

48.0
46.3

45.5
45.7

41.9
42.2

50.4
50.8

50.2
49.8

49.7
49.2

200.3

214 6

202.5

206.7

210.0

217.0

218.3

149.7

148.8

150.2

150.6

150.2

149.4

148.4

99.5
78 0
21.5

101.9
79 2
22.7

100.9
78 8
22 1

101.9
79 3
22.5

101.6 100.6
79.0 • 78 5
22.6
22 1

103.2
80 3
22.9

102.3
79.2
23.1

78.9

76.0

79.2

79.4

78.3

76.3

75.5

73.9

100.7

112.7

101.7

104.8

108.5

113.8

116.0

69.5

73.7

69.6

70.8

72.3

73.9

73.9

74.6

Fixed investment...

Change in business inventories.
Nonfarm
Farm.. _
_.

...

Net exports of foods and services
Exports
Imports
Government purchases of goods and services
Federal
National defense
Other .
State and local

..
_._

212.9

112.3

148.4

Table 2.—Gross National Product by Major Type of Product in Current and Constant Dollars (1.3,1.5)
865.7

Goods output

Nondurable goods
Final sales
Change in business inventories
Services

.__

Structures

924.8

942.8

952.2

707.6

727.5

712.8

718.5

723.1

726.7

730.6

729.8

924 1
8.0

869 2
7.2

882.0
10.5

902.1
6.6

917 9
69

932.0
10.7

944.5
7.7

701.0
6.6

720.6
6.9

706.3
6.4

709.0
9.6

717.2
5.9

720.7
6.0

721.3
9.3

723.1
6.7

459 g

437.0

443.5

447.9

456.5

465.9

468.8

381.3

392.7

385.5

388.2

389.1

391.6

395.9

394.2

451.8
80

429.9
72

433.0
10.5

441.3
66

449.6
69

455.2
10 7

461.1
7.7

374.7
6.6

385.8
6.9

379.1
6.4

378.7
9.6

383.2
5.9

385.7
6.0

386.6
9.3

387.5
6.7

176.7
171.4
53

191.7
186.2
55

178.8 184.0
173 7 176.6
74
51

186.4
181.6
48

190.3
185.5
49

195.4
187.8
76

194.6
189.9
4.7

162.8
158.0
4.7

171.9
167.2
4.7

164.5
159.9
4.5

167.8
161.2
6.5

169.0
164.8
4.2

171.4
167.3
4.1

174.7
168.1
6.6

172.6
168.6
4.0

268 1
265.6
2 5

258 3
256 1
21

259.5 261.5 266 2 270 5
256.4 259.7 264.1 267.4
31
18
21
31

274.2
271.2
3.0

218.6
216.7
1.9

220.8
218.6
2.2

221.1
219.2
1.9

220.5
217.5
3.0

220.2
218.4
1.7

220.2
218.4
1.9

221.2
218.5
2.7

221.5
218.9
2.6

347.5

_

908.7

254 4
252.3
20

Durable goods
Final sales
„_
Change in business inventories

892.5

423.7
73

_

Final sales
Change in business inventories

876.4

431.1

Final sales
Change in business inventories..

932 1

858.4
7.3

Gross national product .

377 4

353.2

358.5

388.6

259.9

267.1

262.4

262.7

264.6

267.0

267.6

269.3

67.5

69.3

68.0

67.1

66.3

723.1

726.7

730.6

729.8
668.2

87.1

95 o

86.1

90.6

365.8
94.9

373.4
94.8

381.6

95.3

94.8

66.4

67.7

64.8

Table 3.—Gross National Product by Sector in Current and Constant Dollars (1.7, 1.8)
Gross national product. .

865.7

._

General government




892 5

908 7

924 g

942 8

952 2

707.6

727.5

712.8

718.5

_._ .

828 0

779 2

794 0

808 5

822 7

836 5

844 3

647 9

666 5

652.6

658.3

662.6

665.8

669.4

740.6
715.7
24 9

795 3
768.3
27 0

749 3
724 1
25 2

763 1
738.4
24 7

776 7
751 1
25 7

790 5
763 0
27 6

803 6
775 9
27 7

810.3
783.4
26.9

627.5
604.2
23 3

645.2 632.1
621.7 608.8
23.5 23.4

637.5
614.6
22.9

641.5
617.8
23.7

644.8
621.1
23.7

648.2
624.1
24.1

646.6
624.0
22.6

25.2

,

Households and institutions
Rest of the world

876 4

770-5

Private
Business
Nonfarm
Farm

932 l

28 6

25 0

26 0

27 2

28 3

28 9

30.0

15.9

17.3

15.7

16.2

16.8

17.2

17.4

17.8

4 7

4%1

4 9

49

4 5

39

41

4 0

4.5

3.9

4.7

4.6

4.3

3.7

3.9

3.8

95.2

104 1

97.1

98 5

100 2

102 1

106 2

108 0

59.7

61.0

60.2

60.2

60.9

61.1

61.6

60.5

CURRENT BUSINESS STATISTICS

_LHE 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 (f), 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

1967

1968

1966

IV

I

II

19691

1968

1967

III

IV

II

I

III

I

IV

II

III

IV

Annual total
Seasonally adjusted quarterly totals at annual rates

GENERAL BUSINESS INDICATORS—Quarterly Series
NATIONAL INCOME AND PRODUCT
bil. $

749.9

793 5

865 7

770 7

774.2

783 5

800 4

816 1

835 3

858 7

876 4

892 5

908 7

924.8

942.8

' 952. 2

do. _

466.3

492.3

536.6

474.5

480.9

489.8

495.7

502.6

520 6

530 3

544 9

550.7

562.0

572.8

579.8

'589.5

-do
do
do

70.8
30 3
29.9

73 0
30 5
31.3

83.3
37 0
34.2

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

89.8
40.8
35.8

'90.4
M1.3
'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 1
40 9
105 6
17 0

213 2
41.7
107 8
17 3

214
42
107
17

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
47
116
19

3
3
4
5

238 6
48.1
118 4
20 4

242.1
50.0
119.1
21.0

245.1 ' 248. 7
50.8 '50.8
119 9 ' 121. 7
22.0
21.8

_ _ _ _ _

do
do
do
do

188 6
27 1
67.5
13 6

204 2
29 1
71 8
14 7

222
31
77
16

8
2
4
1

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
29
72
14

6
3
3
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
84.4
17 7

' 250. 3
'34.1
'86.4
17.9

Gross private domestic investment, total

do

' 141. 8

Gross national product, total t

- - -

Personal consumption expenditures, total
Durable goods, total 9
._
Automobiles and parts
Furniture and household equipment
Nondurable goods, total 9 ._
Clothing and shoes
Food and beverages
Gasoline and oil
_
Services, total 9
Household operation.
Housing.
Transportation

_ -

4
6
6
5

121.4

116.0

126.3

126.2

113.6

109 4

117.7

123.3

119.4

126.6

125 2

133.9

135.2

137.4

143.3

do
do
do
do
. __do
do
do
do

106.6
81 6
28 5
53.1
25.0
24 5
14.8
15 0

108 6
83 7
27 9
55 7
25 0
24 4
74
68

119 0
88 8
29 3
59 5
30.2
29 6
7 3
74

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
90
91

106 1
83 0
27 2
55 8
23 1
22 5
34
30

109 9
83 5
27 8
55 7
26.5
25 9
78
70

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
16
13

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
66
66

130.5
97.8
32.1
65.7
32.7
32.2

132 5 ' 134. 0
101 1 ' 102. 5
'34.5
34 7
'68.0
66 4
31.6
31 4
31.0
30 9
'7.7
10 7
'7.4
10 3

do
do
do

5.3
43 4
38 1

5.2
46 2
41 0

2.5
50 (j
48 1

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

2.7
57 8
55 2

'2.7
' 58.6
'55.9

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

165.2
82 1
65 6
83 0

174.2
87 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

217.0
103 2
80 3
113 8

' 218. 3
' 102. 3
79.2
' 116. 0

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

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

932 0
455 2
187 8
267 4
381 6
95 3

'944.5
' 461. 1
' 189 9
' 271. 2
' 388 6
'94 8

... do
do
do

14.8
10.5
4 3

7.4

73
53
2o

19 9
13 2
6 7

9.0

3.4

4 2
4 7

7.2

39
35

10.5
74
31

66
4 8
18

6.9
4 9
21

10 7
76
31

Fixed investment
Nonresidential
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.
_ _

15
18

7.8

4 4
34

9.5

56
39

1.6

19
— 3

9.9

68
31

51
21

6.9

6 7

' 7.7
'4 7

'30

GNP in constant (1958) dollars
Gross national product, total f

-

Personal consumption expenditures, total
Durable goods
Nondurable goods
Services
Gross private domestic investment, total

bil. $..

658.1

674.6

707.6

668.1

666.5

670.5

678.0

683.5

693.3

705.8

712.8

718.5

723.1

726.7

730.6

' 729. 8

do

418.1

430.3

452.6

420.7

424.4

430.5

431.9

434.3

445.6

449.0

458.2

457.6

462.9

466.2

466.5

'468.6

do
do
do

71.7
187.0
159 4

72 8
190.3
167 2

80 7
196 9
175 0

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

84 7
199 3
182 5

' 199 6

r 84 8

r 184 2

do

109.3

100.8

105.7

112.5

100.5

95.7

101.6

105.4

101.2

106.6

104.1

110.9

109.9

110.8

114.3

' 112. 2

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
6.6

94 0
75.4
18 6
18.5

92 0
74.1
17 9
8.5

92 6
73.5
19 0
3.1

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
9.0

97 7
75.0
22 7
6.4

101 4
77.3
24 1
9.6

104 0
79 4
24 6
5.9

104 8
81 0
23 8
6.0

105 0
82*4
22 6
9.3

r 105 5

Net exports of goods and services

do

4.2

3.6

.9

3.3

4.0

4.2

4.1

2.0

.9

1.3

1.7

-.2

-.3

-.5

.4

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

126.5
65 4
61.1

148.4
137.6
131.6
72 8
78 9
68 6
64.8
69.5
63.0
r
Revised.
» Preliminary.
1 Annual totals for 1969 for national income and product
and disposition of personal income appear on pp. 8 fi. of this issue of the SURVEY.
f Revised series. Estimates of national income and product and personal income have been revised




140.0
74 8
65.2

140.1
75 1
65.0

140.4
75 5
64.9

141.7
75 7
66.0

145.6
77 3
68.3

148.9
79 6
69.3

148.8
79 2
69.6

150.2
79 4
70.8

150.6
78 3
72.3

150.2
76 3
73.9

149.4
75 5
73 Q

r 82 8
r 22 7

6.7
'.5
' 148. 4
r 73 9
r 74 fi

back to 1965 (see p. 13 ff. of the July 1969 SURVEY); 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

February 1970

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

Annual total

I

II

1969 «

1968

1967

| 196S

III

IV

I

II

III

IV

I

II

1970
III

IV

I

GENERAL BUSINESS INDICATORS—Quarterly Series—Continued
NATIONAL INCOME AND PRODUCT— Con.
Quarterly Data Seasonally Adjusted at Annual Rates
National income, totalf
bil $

620.6

654.0

714.4

639.3

646.2

658.5

672.0

688.8

707.4

724.1

737.3

751.3

765.7

780.6

do

435.5

467.4

513.6

456.2

461.1

470.7

481.7

495.1

507.0

519.8

532.3

546.0

558.2

571.9 ' 581.1

do
do
do
do
do
do
do
do
do

394.5
316.8
14.6
63.1
41.0
61.3
45.2
16.1
20.0

423.5
337.3
16.2
70.0
43.9
61.9
47.2
14.7
20.8

465.0
369.0
18.0
78.0
48.6
63.8
49.2
14.6
21.2

413.2
330.2
15.8
67.2
43.0
60.8
46.5
14.3
20.6

417.7
333.0
15.9
68.8
43.4
61.7
47.1
14.7
20.8

426.5
339.6
16.1
70.8
44.2
62.6
47.8
14.8
20.9

436.5
346.3
17.0
73.2
45.1
62.3
47.5
14.9
21.0

448.2
355.9
17.3
75.0
47.0
63.2
48.4
14.8
21.1

459.0
364.5
17.6
76.8
48.0
63.6
49.2
14.3
21.2

470.7
372.7
18.7
79.3
49.1
64.1
49.3
14.8
21.2

482.1
382.8
18.3
80.9
50.2
64.1
49.7
14.4
21.4

493.3
392.5
18.2
82.5
52.7
64.6
49.7
14.9
21.5

504.3
402.0
18.4
84.0
53.8
66.5
50.1
16.4
21.6

516.9
410.2
20.1
86.6
55.0
67.3
50.5
16.8
21.7

82.4

79.2

87.9

78.3

78.3

79.1

81.1

82.5

88.2

90.6

90.3

89.5

89.2

88.8

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

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

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

13.3
75.6
43.8
20.0
23.8

11.9
18.2

10.8
19.0

11.8
20.4

10.9
18.0

10.7
18.5

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

11.9
19.9

84.2
34.3
49.9
20.8
29.1
—1.8
21.4

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

78.4
32.3
46.1
21.1
24.9
—.1
23.5

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
43.9
51.7
23.8
27.9
-6.1
29.8

95.4
44.1
51.3
24.3
27.0
-6.2
30.3

92.5
42.8
49.7
24.9
24.9
-3.7
30.9

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

615.2
80.8
534.4
494.5
40.0

622.2
80.6
541.6
503.9
37.7

634.5
84.1
550.3
509.7
40.7

645.9
86.1
559.8
516.6
43.1

664.3
89.3
575.0
535.1
39.9

680.1
92.7
587.4
545.1
42.3

696.1
102.6
593.4
560.2
33.2

711.2
107.0
604.3
566.2
38.0

724.4
114.2
610.2
577.7
32.5

740.5
118.5
622.0
588.8
33.3

756.5
117.5
639.0
596.0
43.1

'767.4
' 119. 9
••647.5
'605.8
'41.7

63.51
28.20
14.06
14.14

65.47
28.51
14.06
14.45

67.76
28.37
14.12
14.25

14.46
6.54
3.14
3.40

16.69
7.33
3.56
3.77

16.20
6.88
3.40
3.48

18.12
7.77
3.96
3.81

15.10
6.15
3.06
3.09

16.85
6.99
3.36
3.63

16.79
7.13
3.54
3.59

19.03
8.10
4.16
3.94

16.04
6.58
3.36
3.22

18.81
7.82
3.98
3.84

19.25
8.16
4.03
4.12

i 21. 80
9.52
4.88
4.64

U7.96
7.32
3.67
3.65

35.32
1.62
2.37
1.74
1.64
7.43
5.38
2.05
6.02
14.48

36.96
1.65
1.86
2.29
1.48
8.74
6.75
2.00
6.34
14.59

39.40
1.63
1.45
2.56
1.59
10.20
7.66
2.54
6.83
15.14

7.93
.36
.50
.37
.31
1.63
1.31
.32
1.45
3.32

9.36
.39
.45
.72
.38
2.18
1.65
.53
1.60
3.65

9.32
.44
.41
.56
.41
2.35
1.71
.64
1.57
3.59

10.35
.47
.50
.64
.38
2.59
2.08
.51
1.73
4.04

8.95
.42
.39
.68
.30
2.07
1.69
.38
1.59
3.50

9.86
.43
.37
.58
.42
2.62
1.94
.68
1.62
3.81

9.66
.39
.31
.64
.41
2.61
1.87
.74
1.61
3.69

10.93
.40
.38
.66
.47
2.90
2.16
.74
2.00
4.13

9.45
.42
.38
.68
.38
2.36
1.88
.48
1.81
3.41

10.99
.48
.44
.66
.46
2.99
2.22
.77
2.00
3.97

11.10
.47
.49
.53
.40
3.03
2.23
.80
2.11
4.07

12.27
.50
.54
.61
.46
3.27
2.64
.63

10.64
.41
.44
.66
.34
2.82
2.37
.45

26.90

25.98

do
do
do
do

65.23
29.78
14.46
15.32

65.60
29.16
14.26
14.90

65.48
27.85
13.92
13.93

65.66
27.51
13.71
13.80

68.09
28.02
14.11
13.91

66.29
27.84
13.51
14.33

67.77
28.86
14.47
14.40

69.05
28.70
14.39
14.31

72.52
29.99
15.47
14.52

73.94
31.16
15.98
15.18

77.84
33.05
16.53
16.52

179.00
33.83
16.91
16.92

181.00
33.30
16.87
16.43

do
do
do
do
do
do
do
do
do
do

35.46
1.54
2.12
1.57
1.47
7.98
6.01
1.98
6.19
14.57

36.45
1.52
1.78
2.43
1.38
8.51
6.48
2.04
6.30
14.53

37.62
1.76
1.72
2.35
1.66
8.86
6.86
1.99
6.49
14.80

38.15
1.78
1.82
2.79
1.41
9.46
7.47
1.99
6.37
14.54

40.07
1.80
1.68
2.88
1.43
10.08
7.76
2.32
6.83
15.37

38.45
1.66
1.49
1.98
1.49
10.24
7.64
2.60
6.42
15.17

38.91
1.57
1.29
2.69
1.65
9.82
7.50
2.32
6.67
15.22

40.35
1.52
1.34
2.87
1.75
10.63
7.74
2.89
7.34
14.91

42.53
1.83
1.68
2.89
1.87
11.52
8.62
2.90
7.74
15.00

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

45.17
1.88
1.91
2.64
1.70
11.94
9.47
2.47

47.70
1.78
1.90
2.79
1.65
13.60
10.87
2.73

225.10

2 25. 98

11, 461
7,688
333
1,612
1,828

11, 484
7,723
335
1,580
1,846

11, 577
7,669
239
1,801
1,868

11,667
7,601
332
1,879
1,855

11, 934
7,941
305
1,771
1,917

12,668
8,395
353
1,973
1,947

13,344
8,879
406
2,040
2,019

12,653
8,383
364
1,917
1,989

11,913
7,469
418
2,120
1,906

14,245
9,588
334
2,151
2,172

"14, 548
••9,580
v 421
» 2,357
' 2,210

-38, 082 -41,012 -48,077 -10,100 -10,033
Imports of goods and services
do
-25,463 -26,821 -32,972 -6,660 -6,465
Merchandise, adjusted, excl. military
do
Military expenditures
do
-3,764 -4, 378 -4, 530 -1,085 -1,075
-2, 142 -2, 362 -2,932
-591
-584
Income on foreign investments in the U.S.-do
Other services
do
-6, 713 -7, 451 -7,643 -1,771 -1,902
Unilateral transfers, net (excl. military grants);
transfers to foreigners (-)
mil. $__ -2, 833 -2, 998 -2,865
-691
-823
r
Revised.
v Preliminary.
1 Estimates (correc ted for ssystematic biases) for Oct
u
ec. 1969 and Jan.-Mar. 1970 based on expected capita expendit
ures of bu siness. P reliminaiT
1
expenditures for the year 1969 are as follows (in bil. $) : All ind ustries, It .90; man ufacturir ig
total, 3209; durable goods industries, 16.26: nondura 3le goods Industrie s, 15.83; nonman 11facturing, total, 43.81; mining, 1.87; railroad, 1.86; air tnmsportation, 2.48; other tran sportatio i,
1.70; public utilities, 11.65; electric, 8.97; gas and other 2.68; comimercial a nd other (includirig
communication),
2
« Se
 note24.26. S-l.includes communicatiori. valuati 3 note 1 on p. S- 1. f S ?e
corresponding
on p.
9 Includes inventor y
m adjustrnent.

-10,173
-6,542
-1,106
-580
-1,945

-12,435 -12,35
-8, 566 -8,458
-1,143 -1,169
-749
-770
-1,956 -1,971

-11,550
-7,572
-1,204
-892
-1,882

-13,942
-9,591
-1,208
-1,086
-2,057

P- 13,812
'-9, 243 * 9, 38£
»- 1,198
P- 1,248
'-2, 134

Compensation of employees, total
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 _

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
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 INCOMEf
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:t
All industries
bil $
Manufacturing
do
Durable goods industries 1
do
Nondurable goods industries 1
do .
Nonmanufacturing
Mining _
Railroad
Air transportation
Other transportation
Public utilities
Electric
Gas and other ...
Communication
C ommercial and other

..

.

Seas. adj. qtrly. totals at annual rates:t
All industries
Manufacturing
Durable goods industries 1
Nondurable goods industries 1
Nonmanufacturing
Mining
Railroad
.
Air transportation
Other transportation
Public utilities
Electric
Gas and other
Communication
Commercial and other.

do
do
do
do
do
do
do
do
do
do

U.S. BALANCE OF INTERNATIONAL
PAYMENTSd"
Quarterly Data Are Seasonally Adjusted
(Credits +; debits -)
Exports of goods and services (excl. transfers under
military grants)
mil. $
Merchandise, adjusted, excl. military
do
Income on U.S. investments abroad
Other services



do
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

-10,70r- -11,463 -11,827
7,817 -8, 131
-7,154
1,102 -1,116
-1,112
-742
-671
-607
1,873 -1,838
-1,833

r 525. 0
r 416. 6

19.9
88.5
56.1
66.7
50.4
16.3
21.8

25.2
r -6.2

31.6

r> 9, 826

-601
-793 » -712
-774
-766
-690
-635
-648
-836
JRe vised ser ies; expla nation ol revision s and amlual and quarter!:y data ba ck to 1947 appear
©Peronpp .25ff.of1 he Janua ry 1970 SURVEY; s ee also pi3. 19 ff . Ofthis issu 3 of the Si[jRVEY.
sonal outlays cComprise personal consum] Dtion exp enditure s, interes t paid b> consumers, and
perso nal trans 'er paym ents to fc>reigners
§Pe rsonal sa ving is ejccess of d isposable income over pers onal out ays.
HD ata for in dividual durable and non durable goods iiuiustries csomponeiits appear in the
Mar., June, Se>pt., and Dec. issiies of the SURVEY
d*M ore comp lete deta Is are giv en in the quarterl y reviews in the Mar., June , Sept., and Dec,
issues of the 8UBVEY. ]Revised iata bac t to 1980 appear (m p. 29 tI. of the June 1969 issue.

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