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SUEVEY OF CUERENT BUSINESS 6 August 1967 NATIONAL INCOME AND PRODUCT TABLES 1965 II 1966 1966 1967 1966 II III | IV 1965 1966 II 1967 III IV Seasonally adjusted at annual rates Seasonally adjusted at annual rates Billions of 1958 dollars Billions of current dollars Table 1.—Gross National Product in Current and Constant Dollars (1.1, 1.2) Gross national product.. _ _ _ Personal consumption expenditures Durable goodsNondurable goods Services _ _ Gross private domestic investment Fixed investment.. . _ Nonresidential. _ Structures Producers' durable equipment Residential structures. Nonfarm 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 _. ___ _ _ 683 9 743 3 725 9 736 7 748.8 762.1 766.3 775.1 616.7 652.6 645.4 649.3 654.8 661.1 660.7 664.7 433 1 465 9 458 2 461 6 470 1 473 8 480 2 489.7 398 4 418.0 416.2 415.2 420.4 420.4 424.2 430.6 66 0 191 2 175 9 70 3 207 5 188 1 71 6 203 2 183 5 68 2 207 1 186 3 70 9 209.5 189 8 70 6 210.3 192 9 69 4 214.2 196 6 72 5 217.2 200 0 66 4 178.9 153 2 71.3 187.7 159 1 73.0 185.8 157 3 69.3 187.7 158 2 71.9 188.8 159 8 71.1 188.4 160 9 69.7 191.8 162 6 72.9 193.6 164 1 107 4 118 0 115 2 118 5 116 4 122 2 110 4 105.1 98 0 105.6 104.0 106.5 103.6 108.4 96.9 91.3 94 5 93.1 93 0 91.2 90 2 90.9 98 0 104 6 105 3 104 5 104 9 103 7 103 3 104 6 89 1 93 0 71 1 25.1 46 0 80 2 27.9 52.3 78 3 28.3 50 0 78 7 27.5 51 2 81 2 28.2 53.1 82 8 27.7 55.1 81 9 27.7 54.2 81 5 26.3 55.2 66 0 21.9 44.1 72 8 23.6 49.2 71 8 24.2 47.5 71 7 23.4 48.3 73 6 23.7 49.9 74 2 23.0 51.2 73 0 22.9 50.1 72 6 21.7 51.0 27 0 26 4 5 24 4 23 g 5 27 0 26 5 5 25 8 25 3 '5 23.7 23 2 5 20 9 20 4 5 21 4 20 9 6 23.1 29 5 6 23 2 22 7 5 20.2 19 7 5 22.8 22 3 5 21.4 21 0 5 19.4 19 0 .5 17.0 16 5 .5 17.3 16 8 .5 18.3 17 8 .5 9 4 8 4 10 13 4 13 7 3 99 9 6 3 14 0 14 4 — 3 11 4 12 0 — 5 18 5 19 0 _ 5 71 7 3 _ 2 5 6 — i 88 79 9 12 6 12 9 — 3 9 5 9.2 2 13 4 13.7 _ 3 10 6 11.1 — 5 17 2 17.7 — 5 6 7 6.8 _ 2 .4 .5 6 9 51 61 5 4 4 6 4 3 53 5.3 6 0 4 4 5.4 4.8 4.1 3.2 4.1 4.1 39 1 32.2 43 0 37 9 42 0 36.0 42 5 37 1 43 7 39.0 44 0 39.7 45 3 39 9 45 1 39 8 37 5 31.5 40 8 36,4 40.3 34.9 40.4 35.6 41.4 37.3 41.2 38.0 42.4 38.3 42.3 38.2 136 4 154 3 146 5 151 2 157 7 161 7 170 4 175.0 114 3 124 5 119.9 122.7 126.6 129.1 135.5 138.7 66 8 50 1 16 7 77 0 60 5 16 5 72 1 55 1 17 1 74 9 58 4 16 6 79 5 63 0 16 6 81 5 65.6 15 9 87 1 70 2 16 8 89 5 72 5 17 0 57 8 64 7 61 2 63.4 66.4 67.8 72.3 74.4 69.6 77.2 74.3 76.2 78 1 80.2 83.3 85.4 56.4 59.9 58.7 59.4 60.1 61.3 63.2 64.3 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.. 652.6 645.4 649.3 654.8 661.1 660. 7 664.7 774 6 .5 607 8 8.8 639.9 12.6 636.0 9.5 635.9 13.4 644.2 10.6 643.9 17.2 654.0 6.7 664.3 .4 388 1 392.1 330 0 353.7 347.9 351.0 354.7 361.1 356.6 359.5 380 9 7.1 391 6 .5 321 2 8.8 341.0 12.6 338 5 9.5 337.6 13.4 344.1 10.6 343.9 17.2 349.9 6.7 359.1 .4 161 1 148 3 12 8 153 9 150 5 3 4 155 5 156 0 — 6 136 3 129*8 6 5 150 0 140.6 9 3 147 5 140.5 7 0 147 3 138.0 9.3 150 8 141.6 9.2 154 2 142.3 11.9 146 6 143.6 3.0 148.3 148.9 -.6 226 1 224 5 1.5 230.6 224 9 5.7 234 2 230 5 3.7 236 6 193 7 235 5 191 4 11 2.3 203.7 200 4 3.3 200.4 198 0 2.4 203.7 199.7 4.1 203.9 202.5 1.4 206.9 201.6 5.3 210.0 206.3 3.6 211.2 210. 2 1.0 283 5 291 6 296 9 303 1 307 8 222 3 235 2 229 7 233 5 237 9 239.8 242.7 244.4 77 4 75 5 73 5 75 2 75 2 64 4 63.7 67.8 64.7 62.2 60.2 61.3 60.8 683 9 ._ 674 5 9.4 729 9 13.4 716 0 9.9 722 6 14.0 737 4 11.4 743 6 18.5 759 2 7.1 346 6 379 6 369 5 375 7 381 8 391 7 337 2 9.4 366 2 13.4 359 6 9.9 361 7 14.0 370 3 11 4 373 2 18.5 139 5 132 8 6 7 154 6 144 7 99 150 5 143 2 7 4 151 4 141 6 9 7 155 7 145 8 99 207 1 204 4 2.7 225 0 221 5 3.5 219 0 216 4 2.5 224 4 220 1 4.3 262 9 287 2 276 6 74 4 76 5 79 9 _ . _ _ Final sales _ _ _ __ Change in business inventories __ _ Durable goods Final sales Change in business inventories Nondurable goods Final sales Change in business inventories 616 7 _.- - .__ _ Services Structures. _ 743 3 725 9 736 7 748 8 762 1 766 3 775.1 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 .. . ... . 683 9 743 3 725 9 736 7 748 8 762 1 766 3 775.1 616 7 652 6 645 4 649.3 654.8 661.1 660.7 664. 616 1 666 7 653 0 661 5 670 6 681 9 683 9 690 9 565 9 597 5 592 3 594 8 599 0 604.2 602.7 606. 593 4 569 8 23.6 642 4 617 6 24.8 629 4 603 3 26 0 637 6 612 8 24 8 646 2 621 6 24 6 656 9 633 0 23 9 658 7 635 1 23 6 665 3 642 0 23 3 547 8 524*2 23 6 578 9 556 4 22.4 574 0 550 8 23.2 576 3 554.4 22.0 580 2 558.0 22.2 585.1 562.7 22.4 583.6 559.9 23.7 586. 563. 23. 18.5 20.1 19 7 19 7 20 3 20 6 21 1 21 4 14 0 14 7 14 6 14.4 14.8 14.9 15.1 15. 41 4 0 4.3 4.0 4. 56 9 57.9 58. 4 2 67 8 4 2 76 6 39 72 9 4 2 75 1 41 78 2 4 4 80 2 41 82 5 4 1 41 84 2 50 3 4 0 55 0 38 53 1 54 4 55 8 CURRENT BUSINESS STATISTICS jLHE STATISTICS here update series published in the 1965 edition of BUSINESS STATISTICS, biennial statistical supplement to the SURVEY OF CURRENT BUSINESS. That volume (price $2.00) provides a description of each series, references to sources of earlier figures, and historical data as follows: For all series, monthly or quarterly, 1961 through 1964 (1954-64 for major quarterly series), annually, 1939-64; for selected series, monthly or quarterly, 1947-64 (where available). Series added or significantly revised after the 1965 BUSINESS STATISTICS went to press are indicated by an asterisk (*) and a dagger (f), respectively; certain revisions for 1964 issued too late for inclusion in the 1965 volume appear in the monthly SURVEY beginning with the September 1965 issue. Also, unless otherwise rioted, 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. 1964 Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS 1965 1966 1964 II | III IV I II 1967 1966 1965 III IV Annual total II I | I III | IV II Seasonally adjusted quarterly totals at annual rates GENERAL BUSINESS INDICATORS—Quarterly Series NATIONAL INCOME AND PRODUCTf bil. $ 632.4 683.9 743.3 628.0 638.9 645.1 662.7 675.4 690.0 708.4 725.9 736.7 748.8 762.1 766.3 r do _ 401.2 433.1 465.9 397.6 406.6 408.9 420.2 428.1 436.4 447.8 458.2 461.6 470.1 473.8 480.2 " 489. 7 Durable goods, total 9 ___do Automobiles and parts do Furniture and household equipment,- _ do_._ 59.2 25.8 25.0 66.0 29.9 27.0 70.3 29.8 29.9 59.6 26.0 25.2 60.7 26.9 25.1 58.7 24.6 25.6 65.2 30.4 25.8 64.2 29.2 26.1 66.1 29.8 27.3 68.6 30.3 28.9 71.6 31.4 29.4 68.2 28.5 29.1 70.9 29.8 30.6 70.6 29.6 30.6 69.4 27.3 31.4 do _ do do do _ 178.7 33.5 92.9 14.0 191.2 36.1 99.0 15.1 207.5 40.3 106.7 16.2 175.9 32.6 92.0 13.9 181.3 34.2 94.0 14.1 182.9 34.5 95.1 14.3 184.6 34.6 95.6 14.3 189.8 35.6 98.3 15.1 192.4 36.2 99.4 15.3 198.0 37.8 102.5 15.7 203.2 39.5 105.2 15.8 207.1 39.8 107.0 16.2 209.5 41.0 107.3 16.3 210.3 40.8 107.2 16.6 214.2 41.5 109.3 17.1 " 217. 2 -•43.2 do -do _ do do 163.3 24.3 59.3 11.6 175.9 25.7 63.6 12.6 188.1 27.0 67.1 13.6 162.1 24.3 58.8 11.5 164.6 24.5 59.8 11.7 167.3 24.5 60.8 11.8 170.4 24.7 61.9 12.0 174.2 25.5 63.2 12.5 177.8 26.1 64.2 12.8 181.2 26.5 65.3 13.1 183.5 26.1 66.2 13.2 186.3 26.9 66.5 13.5 189.8 27.4 67.4 13.7 192.9 27.7 68.5 14.0 196.6 27.8 69.6 14.4 - 200.0 '28.1 r 70. 6 14.6 94.0 107.4 118.0 93.4 94.2 97.9 105.1 105.1 108.2 112. 3 115.2 118.5 116.4 122.2 110.4 r 105.3 78.3 28.3 50.0 27.0 26.5 9.9 9.6 104.5 78.7 27.5 51.2 25.8 25.3 14.0 14.4 104.9 81.2 28.2 53.1 23.7 23.2 11.4 12.0 103.7 82.8 27.7 55.1 20.9 20.4 18.5 19.0 103.3 81.9 27.7 54.2 21.4 20.9 7.1 7.3 '104.6 "81.5 26.3 " 55. 2 "23.1 " 22. 5 ".5 ".6 Gross national product totalf Personal consumption expenditures, total Nondurable goods, total 9 Clothing and shoes Food and beverages Gasoline and oil _ _ _ _ Services total 9 Household operation Housing _ Transportation _ _ Gross private domestic investment, total do 775. 1 r 72.5 '29.7 "31.9 ' 110. 1 "17.5 105. 1 88.2 61.1 21.2 39.9 27.1 26.6 5.8 6.4 98.0 71.1 25.1 46.0 27.0 26.4 9.4 8.4 104.6 80.2 27.9 52.3 24.4 23.8 13.4 13.7 87.2 60.1 21.1 39.0 27. 1 26.6 6.1 7.0 89.4 62.4 21.4 41.0 27.0 26.5 4.8 5.6 90.2 63.4 21.8 41.6 26.8 26.3 7.7 8.1 94.4 67.3 23.1 44.1 27.2 26.6 10.6 10.1 96.3 69.3 24.7 44.6 27.0 26.5 8.8 7.9 98.8 71.9 25.1 46.8 26.9 26.4 9.4 7.9 102.4 75.7 27.3 48.3 26.8 26.2 9.9 8.7 8.5 37.1 28.6 6.9 39.1 32.2 5.1 43.0 37.9 7.8 36.1 28.3 8.7 37.5 28.8 8.5 38.3 29.8 6.1 35.1 28.9 8.2 40.7 32.6 7.4 40.3 32.9 6.1 40.5 34.4 6.1 42.0 36.0 5.4 42.5 37.1 4.6 43.7 39.0 4.3 44.0 39.7 5.3 45.3 39.9 r 5.3 "45.1 "39.8 Govt. purchases of goods and services, total, .do Federal . .. do _ National defense do State and local do 128.7 65.2 50.0 63.5 136.4 66.8 50. 1 69.6 154.3 77.0 60.5 77.2 129.2 66.0 50.7 63.2 129.4 65.2 49.8 64.3 129.8 64.5 48.9 65.3 131.3 64.3 48.4 66.9 133.9 65.4 49.2 68.6 138.1 67.6 50.3 70.4 142.3 69.8 52.4 72.5 146.5 72.1 55.1 74.3 151.2 74.9 58.4 76.2 157.7 79.5 63.0 78.1 161.7 81.5 65.6 80.2 170.4 87.1 70.2 83.3 "175.0 89.5 "72.5 "85.4 By major type of product:! Final sales, total . Goods, total Durable goods Nondurable goods Services Structures _ do do do do do do 626.6 313.6 122.8 190.7 244.2 68.8 674.5 337.2 132 8 204.4 262.9 74.4 729.9 366.2 144.7 221.5 287.2 76.5 621.9 310.7 122.7 188.0 242.4 68.8 634.1 318.5 124.9 193.5 246.5 69.2 637.4 317.9 123.3 194.7 250.1 69.3 652.0 325.9 129.6 196.3 254.6 71.6 666.5 332.8 130.0 202.9 260.1 73.6 680.6 340.2 133.9 206.3 266.0 74.4 698.5 349.9 137.9 212.0 271.0 77.6 716.0 359.6 143.2 216.4 276.6 79.9 722.6 361.7 141.6 220.1 283.5 77.4 737.4 370.3 145.8 224.5 291.6 75.5 743.6 373.2 148.3 224.9 296.9 73.5 759.2 380.9 150.5 230.5 303.1 75.2 " 774. 6 391.6 156.0 235.5 307.8 75.2 do do do 5.8 4.2 1.6 9.4 6.7 2.7 13.4 9.9 3.5 6.1 4.5 1.6 4.8 4.2 .6 7.7 4.5 3.2 10.6 8.7 2.0 8.8 7.0 1.8 9.4 7.1 2.3 9.9 5.0 4.9 9.9 7.4 2.5 14.0 9.7 4.3 11.4 9.9 1.5 18.5 12.8 5.7 7.1 3.4 3.7 -!(5 1.1 581.1 616.7 652.6 578.6 585.8 588.5 601.5 609.7 620.7 634.4 645.4 649.3 654.8 661.1 660.7 " 664. 7 373.7 398.4 418.0 370.7 378.6 379.3 389.1 394.1 400.7 409.9 416.2 415.2 420.4 420.4 424.2 430.6 do do do 59.0 170.3 144.4 66.4 178.9 153.2 71.3 187.7 159.1 59.3 167.8 143.6 60.4 172.8 145.3 58.7 173.5 147.1 65.0 174.7 149.4 64.1 178.0 152.0 66.8 179.3 154.6 69.5 183.6 156.8 73.0 185.8 157.3 69.3 187.7 158.2 71.9 188.8 159.8 71.1 188.4 160.9 69.7 191.8 162.6 72.9 193.6 164.1 Gross private domestic investment, total... .do 87.8 98.0 105.6 87.3 87.6 90.8 95.9 95.9 98.3 101.6 104.0 106.5 103.6 108.4 96.9 91.3 do do . _ . _ . do do 81.9 57.8 24.2 5.8 89.1 66.0 23.2 8.8 93.0 72.8 20.2 12.6 81.2 57.0 24. 3 6.1 82.8 58.9 23.9 4.8 83.2 59.7 23.5 7.6 86.6 62.9 23.7 9.3 87.9 64.5 23.4 8.0 89.6 66.7 23.0 8.7 92.4 69.7 22.6 9.2 94.5 71.8 22.8 9.5 93.1 71.7 21.4 13.4 93.0 73.6 19.4 10.6 91.2 74.2 17.0 17.2 90.2 73.0 17.3 6.7 90.9 72.6 18.3 .4 do 8.3 6.0 4.4 8.0 8.4 7.9 5.2 6.8 6.4 5.6 5.4 4.8 4.1 3.2 4.1 4.1 Fixed investment Nonresident ial Structures Producers' durable equipment Residential structures..- . _ Nonfarm Change in business inventories... Nonfarm -do do do _ -do do do _ ... _ .do do - ..- Net exports of goods and services Exports Imports do do do _ Change in business inventories.. _ Durable goods Nondurable goods. . ._ , GNP in constant (1958) dollars Gross national product, totalf bil $ Personal consumption expenditures, total., -do. Durable goods Nondurable goods Services _. . . 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 111.2 114.3 111.2 124.5 112.6 58.1 57.8 57.8 64.7 59.3 53.2 56.4 53.3 53.5 59.9 r Revised. * Preliminary. f Revised series. 1Estimate 3 of national iiicome i ml product and personal income have been revised (see p. 13 IT. of the Jiilv 1967 SURVEY feldata beginning 1964; for data prior to 1963, see p. 11 f I of the July 196(3 SURVEYr); revisions 2 6 9 - 6 5 3 O - 67 - 4 138.7 135.5 129.1 126.6 122.7 119.9 117.4 110.5 112.9 115.3 111.3 74.4 72.3 67.8 66.4 63.4 61.2 59.3 56.7 56.3 57.1 58.5 64.3 63.2 61.3 60.1 59.4 58.0 58.7 53.8 55.0 55.8 56.7 those prior o May 1966 for p ersonal i ncome a ppear on p. 21 of the Jul> 1967 Su RVEY an d; shown 9 Includes data no for per iods pric r to 1963 on p. 18 ff . of th e July 19 66 SURV EY. separa tely. s-l SUEVEY OF CURRENT BUSINESS S-2 Unless otherwise stated, statistics through 1964 and descriptive notes are shown in the 1965 edition of BUSINESS STATISTICS 1964 1965 Annual total III 1966 1965 1964 | 1966 August 1967 IV I II IV III I 1967 II III IV I II III GENERAL BUSINESS INDICATORS— Quarterly Series— Continued NATIONAL INCOME AND PRODUCT— Con. Quarterly Data Seasonally Adjusted at Annual Rates 562.4 530. 4 616.7 524.2 518.1 National income, total f _ _ . . _ bil. $ 393.9 375.8 365.7 435.7 369.9 Compensation of employees, total do 342.7 359.1 333.7 394.6 337.5 Wages and salaries total do 276.5 269.4 272.4 289.8 316.7 Private do 12.1 14.7 11.7 11.9 11.7 Military .. do . 54.3 57.1 52.6 63.2 53.3 Government civilian do 34.9 41.1 32.4 33.1 32.0 Supplements to wages and salaries do 56.7 53.3 52.3 59.3 52.6 Proprietors' incom^ total 9 do 40.2 41.9 40.6 43.2 40.6 Business and professional 9 do 12.1 14.8 12.0 12.6 Farm do 16.1 18.0 19.0 18.4 19.4 18.1 Rental income of persons do Corporate profits and inventory valuation adjust74.9 66.4 66.3 82.2 67.6 ment, total bil. $ By broad industry groups: 7.9 8.4 8.0 8.0 Financial institutions _._do 9.3 58.4 66.5 58.5 Nonfinancial corporations, total do 72.9 59.6 32.7 38.7 32.4 Manufacturing total do 43.1 33.6 16.5 14.9 15.1 15.3 Nondurable goods industries do 18.7 22.2 17.2 Durable goods industries do 17.8 24.4 18.4 Transportation, communication, and public 10.1 11.2 10.3 utilities bil $ 11.9 10.2 15.5 16.6 15.7 All other industries do 18.0 15.8 67.4 66.8 76.6 Corporate profits before tax total do 68.0 83.8 31.4 28.3 28.6 34.5 Corporate profits tax liability do 28.8 38.4 45.2 Corporate profits after tax do 39.1 38.8 49.3 17.8 19.8 17.9 18.3 Dividends do 21.5 20.6 25.4 Undistributed profits do 20.5 21.2 27.8 — 5 —1 7 — 4 —1 0 Inventory valuation adjustment do —1 6 15.8 17.9 Net interest _ _. _ do 16.0 16.6 20.2 DISPOSITION OF PERSONAL INCOMEf Quarterly Data Seasonally Adjusted at Annual Rates 497.5 510.5 Personal income, total bil $ 537.8 584.0 502.1 Less* Personal tax and nontax payments do 59.4 65.6 59.0 60.9 75.2 Equals' Disposable personal income do 438.1 472.2 508.8 443.1 449.6 411.9 Less' Personal outlays® do 445.0 479.0 417.5 420.1 Equals; Personal saving§ do 26.2 27 ^ 25.6 29.5 29.8 NEW PLANT AND EQUIPMENT EXPENDITURES Unadjusted quarterly or annual totals: 44.90 All industries bil. $ 11.54 12.84 51.96 60.63 Manufacturing do 18.58 22.45 4.67 5.59 26.99 9.43 Durable goods Industries _ . do 2.83 2.37 11.40 13.99 9.16 Nondurable goods industries. do 2.76 2.30 11. 05 13.00 Mining . . _ do 1.19 .33 .30 1.30 1.47 Railroad ._ do 1.41 1.9S .37 .35 1.73 Transportation, other than rail do._. 2.38 .59 .64 3.44 2.81 6.22 Public utilities . . . do 8.41 1.76 6.94 1.71 Communication do 4.30 1.17 4.94 5.62 1.06 Commercial and other do 10.83 12.74 2.84 3.01 11.79 Seas. adj. qtrly. totals at annual rates: All industries do 45.65 47.75 Manufacturing do 20.15 18.85 10.15 Durable goods industries do 9.60 Nondurable goods industries do 9.20 10.00 Mining . . . do 1.20 1.30 Railroad _ __ do 1.55 1.50 Transportation, other than rail do___ 2.60 2.40 Public utilities.. . do 6.35 6.30 Communication do 4.40 4.40 Commercial and other do 11.40 11.00 U.S. BALANCE OF INTERNATIONAL PAYMENTS^ 1 Quarterly Data Are Seasonally Adjusted (Credits +; debits -) Exports of goods and services (excl. transfers under military grants) mil $ 9,565 37, 099 39, 147 9,371 43,039 Merchandise, adjusted, excl. military do 6,587 25, 297 26,244 29, 168 6,370 Military sales _.. do 747 198 844 189 847 1,322 Income on U.S. investments abroad -__do 5,389 5,888 1,387 6, 245 Other services do 1,458 5, 666 1,425 6,171 6,779 Imports of goods and services do -28, 637 -32, 203 -37, 937 -7, 208 -7,440 Merchandise adjusted excl military do -18,621 -21,472 -25, 510 -4, 730 -4,907 -691 Military expenditures.' do -694 -2,861 -2, 921 -3, 694 Income on foreign investments in the U.S__do -362 -380 -1,455 -1,729 -2, 074 Other services do -5,700 -6,081 -6, 659 -1, 422 -1,462 Unilateral transfers, net (excl. military grants); transfers to foreigners ( — ) mil $ -680 -694 -2, 782 -2, 824 -2, 925 Transactions in U.S. private assets, net; increase (-) mil. $.. -6,542 -3, 743 -4, 132 -1,624 -2, 104 Transactions in U.S. Govt. assets, excl. official -579 -405 -1,674 -1,575 -1,531 Transactions in U.S. official reserve assets, net; increase ( — ) mil $ -151 1,222 70 171 568 Transactions in foreign assets in the U.S., net (U.S. 1,724 liabilities); increase (+) mil. $. 664 3,314 3,301 391 Liquid assets . _. do 1,485 448 2,629 113 789 239 Other assets _. do 216 2,512 685 278 -335 Unrecorded transactions ___ do -174 -383 -949 -415 Balance on liquidity basis— increase in U.S. official reserve assets and decrease in liquid liabilities to all foreigners; decrease (— ) mil. $ -518 -1,334 -2,800 -1,335 -1,357 Balance on official reserve transactions basis— increase in U.S. official reserve assets and decrease in liquid and certain nonliquid liabilities to foreign -618 -239 official agencies; decrease (-) mil. $. -1,548 -1,304 225 r Revised. v Preliminary, i2 Estimates for Apr.-June 1967 based on anticipate d capital expendit ures of bu siness. Estimates for July-Sept. 1967 based on anticij3ated cap ital expe nditures of bush less. Anticinated expenditures for the year 1967 are as foil3ws (in bi .$):Alli idustries, 62.40; m mufactoring, total, 27.91; durable goods industries, 14 50; nondiarable g oods indi istries, 1 3.42; mining, 1.56; railroad, 1.53; transportation, 3.82; pu hlic utilit ics, 9.12; commerci al and o ther 3 (incl. communication), 18.46. Includes commui lication. 636.4 P641.9 459.1 T 463. 4 414.7 ' 418. 3 331.4 * 333. 2 16.1 16.2 67.3 ' 68. 9 44.4 45.2 57.8 '57.8 43.4 43.2 14.3 14.6 20.0 19.8 544.9 381.5 347.7 280.8 11.8 55.1 33.8 55.0 41.4 13.6 18.6 555.3 388.6 354.2 286.2 11.7 56.3 34.5 56.7 41.7 15.0 18.9 566. 5 397.2 362.0 292.1 12.1 57.8 35.2 57.2 42.0 15.2 19.1 582.8 408.4 372.4 300.0 13.1 59.4 36.0 57.8 42.5 15.3 19.2 600.3 420.8 381.3 306.9 13.6 60.7 39.5 60.0 42.8 17.1 19.2 610.4 430.7 390.2 313.8 14.2 62.2 40.5 59.3 43.3 16.0 19.3 622.1 441.2 399.6 320.1 15.1 64.3 41.6 59.2 43.3 15.9 19.4 634.1 450.2 407.4 326.1 15.8 65.6 42.7 58.6 43.4 15.1 19.6 72.6 73.4 74.9 78.7 81.1 81.3 81.9 84.6 78.1 "78.5 8.2 64.4 37.5 15.9 21.6 8.4 65.0 37.7 16.0 21.6 8.4 66.5 38.6 16.5 22.1 8.6 70.0 41.0 17.4 23.7 8.9 72.2 42.7 18.3 24.3 9.0 72.2 42.5 18.5 24.0 9.5 72.4 42.7 18.8 23.9 9.6 75.0 44.4 19.2 25.3 9.6 68.5 39.6 18.4 21.1 P9.3 p 69. 2 10.6 16.3 74.0 30.3 43.7 18.7 25.0 —1 4 17.1 10.9 16.5 75.6 30.9 44.6 19.4 25.2 —2. 1 17.6 11.2 16.7 75.8 31.1 44.8 20.2 24.6 -.9 18.2 12.0 17.0 80.8 33.1 47.7 20.9 26.8 -2.2 18.8 11.7 17.8 83.7 34.5 49.2 21.4 27.8 -2.6 19.3 12.0 17.8 83.6 34.5 49.2 21.6 27.6 -2.3 19.8 11.8 17.9 84.0 34.6 49.4 21.6 27.8 -2.2 20.4 12.0 18.6 83.9 34.6 49.3 21.2 28.2 .7 21.1 11.7 17.3 79.0 32.5 46.5 22.2 24.2 -.8 21.6 520.3 64.3 456.0 431.6 24.5 530.1 66.1 464.0 439.9 24.0 544.6 65.2 479.4 448.5 30.9 556.1 66.7 489.4 460.1 29.3 567.8 70.4 497.5 470.9 26.6 577.3 74.1 503.3 474.6 28.7 589.3 76.9 512.4 483.2 29.2 601.6 79.6 522.0 487.4 34.6 612.9 80.2 532.7 493.9 38.8 10.79 4.54 2.25 2.28 .29 .39 .58 1.32 1.08 2.59 12.81 5.47 2.76 2.70 .33 .44 .77 1.71 1.24 2.85 13.41 5.73 2.91 2.82 .32 .44 .72 1.88 1.22 3.10 14.95 6.72 3.48 3.24 .35 .46 .73 2.04 1.41 3.25 12.77 5.61 2.87 2.74 .33 .40 .75 1.60 1.26 2.83 15.29 6.78 3.51 3.27 .40 .55 1.00 2.09 1.42 3.06 15.57 6.84 3.54 3.30 .37 .48 .82 2.36 1.36 3.33 17.00 7.75 4.07 3.68 .38 .55 .86 2.36 1.58 3.52 13.59 i 15. 62 2 15. 85 7.02 6.10 6.89 3.61 3.58 3.08 3.42 3.02 3.31 .41 .32 .38 .38 .41 .40 1.01 1.09 .70 2.49 1.84 2.35 1.35 2.87 34.51 34.54 49.00 20.75 10.40 10.40 1.25 1.75 2.55 6.80 4.55 11.30 50.35 21.55 10.80 10.70 1.30 1.55 2.70 6.85 4.80 11.60 52.75 23.00 11.75 11.25 1.25 1.70 3.00 6.75 5.05 11.95 55.35 24.15 12.45 11.70 1.35 1.95 3.00 7.30 5.30 12.25 58.00 25.60 13.15 12.45 1.40 1.75 3.30 8.25 5.35 12.35 60.10 26.80 13.85 12.95 1.55 2.00 3.50 8.30 5.50 12.45 61.25 27.55 14.35 13.20 1.45 1.85 3.40 8.55 5.60 12.85 62.80 27.75 14.50 13.25 1.45 2.35 3.50 8.50 5.95 13.30 61.65 161.55 2 62. 80 28.35 27.85 27.30 14.60 14.20 14.20 13.70 13.70 13.10 1.65 1.40 1.50 1.50 1.80 1.50 4.20 3.05 3.80 9.20 9.20 9.25 5.75 12. 55 3 18.15 3 17.95 8,768 5,628 210 1,499 1,431 -7, 232 -4, 669 -671 -401 -1, 491 10,180 6,880 192 1,562 1,546 -8, 139 -5, 475 -711 -424 -1, 529 10,080 6,811 230 1,474 1,565 -8, 233 -5, 556 -754 -435 -1,488 10,119 6,925 212 1,353 1,629 -8, 599 -5, 772 -785 -469 -1, 573 10,511 10, 618 7,203 7,181 222 209 1,469 1,535 1,630 1,680 -8,997 -9, 265 -6, 025 -6, 225 -861 -911 -475 -471 -1, 636 -1,658 10,913 7,382 206 1,587 1,738 -9, 762 -6, 580 -953 -565 -1,664 10, 997 7,402 210 1,654 1,731 -9, 913 -6,680 -969 -563 -1,701 "11,317 P7,690 P338 pi, 582 p 1,707 p-9, 981 p-6, 689 p-1,041 p-531 "-1,720 -664 -775 -725 -660 -632 p-722 -851 -733 -709 -1,657 -389 -885 -812 -981 -1,135 -932 -396 -490 -244 -445 -365 -500 -328 r 619. 1 r 79.1 ' 540. 0 r 504. 0 -36.0 i— -1,084 p-1,006 -338 p-741 842 68 41 271 424 68 82 -6 *1,027 286 -24 310 53 -342 -267 -75 -113 211 416 -205 -245 236 -12 248 -110 492 227 265 -233 1,145 54 1,091 -198 459 83 376 277 1,205 425 780 -229 "312 p-483 v 795 p-206 -818 199 -457 -259 -651 -122 -419 --536 -165 P79.2 ^32.6 P46.6 23.1 P23.6 r -.7 22 1 p-513 r -18 — 1,825 ' p-830 861 -175 -443 -916 207 239 -834 tSe e corrospending n ote on p. S-l. 91ncludes i nventor> valuatic n adjust ment. by con01 ersonal outlays (Comprise persona consum ption ex penditur es, inter 2St paid sunie rs, and p ersonal t ransfer p ayments to foreig iers. lays, sonal out over per 3 income isposabl ving is e xcess of c ersonal sa §Pe c?:\ lore com plete (let ails are g iven in the quar terly rev ews in t le Mar. June, S ept., and Dec. issues of the SITRV EY; quar terly rev sions ba 3k to 196C are on p . 22 ff of t his issue
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