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SURVEY OF CURRENT BUSINESS 6 August 1978 NATIONAL INCOME AND PRODUCT TABLES 1977 1976 1977 I II 1978 III IV I 1977 Ilr 1976 1977 II I Seasonally adjusted at annual rates 1978 III IV I Ilr Seasonally adjusted at annual rates Billions of current dollars Billions of 1972 dollars Table 1 —Gross National Product in Current and Constant Dollars (1.1, 1.2) 5 1,700.1 1,887.2 1,806.8 1,867.0 1,916.8 1,958.1 1,992.0 2,083.2 1,271.0 1,332.7 1,306.7 1,325.5 1,343.9 1,354.5 1 354.2 1,380* Gross national product ,090.2 1,206.5 1,167.7 1,188.6 1,214.5 1,255.2 1,276.7 1,324.9 Personal consumption expenditures Durable goods Nondurable goods Services _ Gross private domestic investment Fixed investment Nonresidential Structures Producers' durable equipment . Residential Nonfarm structures Farm structures. Producers' durable equipment Change in business inventories Nonfarm Farm . Net exports of goods and services Exports Imports Government purchases of goods and services Federal N a t i o n a l defense Nondefense State and local 156.6 442.6 491.0 178.4 479.0 549.2 173.2 465.9 528.6 175.6 473.6 539.4 177.4 479.7 557.5 187.2 496.9 571.1 243.0 297.8 272.5 295.6 309.7 232.8 282.3 262.2 278.6 287.8 164.6 57.3 107.3 190.4 63.9 126.5 180.6 59.3 121.4 187.2 63.4 123.8 68.2 65.8 1.1 1.3 91.9 88.9 1.5 1.5 81.6 78.6 1.6 1.4 10.2 12.2 -2.0 15.6 15.0 .6 7.4 819.4 857.7 846.6 849.5 858.0 876.6 873.5 887"3 125.9 320.2 373.2 137.8 330.4 389.5 134.9 327.1 384.6 136.2 327.2 386.0 136.9 329 2 391.8 143.0 338 1 395.6 137 8 333 3 402 4 330 g 404 183.5 501.4 591.8 198.0 519.8 607.1 313.5 322.7 344.0 173.4 196.3 186.1 197.1 201.7 200.3 205.7 300.5 306.0 325.1 166.8 187.4 180.3 187.1 189.5 192.8 193.4 193.5 65.4 128.1 200.3 67.4 132.8 205.6 68.5 137.1 219.8 76.1 143.7 118.9 38.3 80.6 129.8 40.0 89.8 126.8 38.3 88.5 129.1 40.0 89.0 130.8 40.8 90.0 132.5 41.0 91.5 133.8 41.0 92.9 200' ° 4 140 4 44" n 90- ° 91.4 88.4 1.6 1.4 94.3 91.2 1.6 1.5 100.2 97.5 1.2 1.6 100.3 97.3 1.3 1.7 105. 3 102.1 1.4 1.8 47.8 46.0 .7 1.1 57.7 55.6 .9 1.2 53.5 51.4 1.0 1.1 58.0 55.9 1.0 1.1 58.8 56.6 1.0 1.2 60.3 58.4 .7 1.2 59.5 57.4 .8 1.3 57' .8 I-4 10.3 11.1 -.8 17.0 16.5 .5 21.9 22.0 13.1 10.4 2.7 16.7 16.9 -.2 18.9 20.9 -2.0 6.7 8.5 -1.9 8.9 9.4 5.8 7.4 -1.6 10.0 10.2 2 12.2 13.5 -1.4 7.5 6.5 .9 12.3 12.5 — .1 12-° -11.1 -8.5 -5.9 -7.0 -23.2 -24.1 -10.2 15.4 9.5 11.2 11.0 12.5 3.1 2.9 8-9 163 2 155.7 175. 5 186.6 170.9 179.4 178.1 184.0 180.8 187.8 172.1 195.2 181.7 205.8 200.9 211.1 95.9 80.5 98.2 88.7 97.1 85.9 98.9 87.9 100.8 88.2 96.0 92.9 99.1 96.2 106-1 97-3 359.5 394.0 375.0 388.8 399.5 412.5 416.7 424.5 262.8 269.2 262.8 267.9 271.7 274.5 272.1 271.9 129.9 86.8 43 1 229.6 145.1 94.3 50 8 248.9 138.3 91.9 46 4 236.7 142.9 93.7 49 3 245.9 146.8 94.4 52 4 252.7 152.2 97.1 55 1 260.3 151.5 97.9 53 6 265.2 147.2 98.6 48 0 277.3 96.6 101.6 98.7 101.3 102.9 103.6 101.2 97.1 166.2 167.6 164.1 166.6 168.8 170.9 170.8 174.7 i j. 2 Table 2.—Gross National Product by Major Type of Product in Current and Constant Dollars (1.3, 1.5) 1,700.1 1,887.2 1,806.8 1,867.0 1,916.8 1,958.1 1,992.0 2,083.2 1,271.0 1,332.7 1,306.7 1,325.5 1 343.9 1,354.5 1,354.2 1,380.5 Gross national product. Final sales Change in business inventories. Goods.. 1, 689.9 1,871.6 1, 796.5 1, 850. 0 1, 894. 9 1,945.0 1,975.3 2,064. 3 1, 264.4 1, 323. 8 1,300.9 1,315.5 1, 331. 7 1, 347.1 1,341.8 1,368. 5 12.0 12.3 10.2 10.0 7.5 17.0 18.9 10.3 21.9 13.1 16.7 6.7 5.8 15.6 8.9 12 2 760.3 Final sales Change in business inventoriesDurable goods Final sales Change in business inventories. Nondurable goods Final sales Change in business inventories. Services Structures. 832.6 800.2 825.8 844.7 859.6 861.8 911.2 576.5 608.4 596.0 604.4 613.3 620.1 611.8 627.2 015.1 12.0 750.1 10.2 817.0 15.6 789.9 10.3 808.8 17.0 822.8 21.9 846.5 13.1 845.1 16.7 892.3 18.9 569.8 6.7 599.6 8.9 590.1 5.8 594.3 10.0 601.1 12. 2 612.7 7.5 599.4 12.3 304. 6 299.3 5.3 341.3 332.9 8.4 332.2 326.1 6.1 339.1 330.0 9.1 346.5 334.6 11.9 347.4 341.1 6.3 351.2 336.3 14.8 375.1 365. 2 9.9 236.2 232.5 3.6 253.7 248.0 5.8 250.9 246.5 4.4 253.0 246.9 6.1 255.9 248.0 7.9 255.1 250.5 4.6 254.6 245.0 9.6 266.2 260.3 5.9 455.7 450.7 4.9 491.3 484.1 7.2 468.0 463.8 4.2 486.7 478.8 7.9 498.2 488.2 10.0 512.2 505.4 6.8 510.6 508.7 1.9 530.1 527.1 9.0 340.3 337.3 3.0 354.7 351.6 3.1 345.0 343.6 1.4 351.3 347.5 3.9 357.4 353.1 4.3 365.0 362.1 2.9 357.2 354.5 2.7 301.0 354.8 • 0.2 778.0 161.9 862.8 191.8 832.3 174.3 850.0 191.3 875.3 196.8 893.6 204.9 926.4 203.8 949.4 222.5 583.0 111.6 602.9 121.3 596.3 114.5 598.8 122.3 606.9 123.7 609.6 124.8 620.1 122.3 624.2 129.2 Table 3.^Gross National Product by Sector in Current and Constant Dollars (1.7, 1.8) Gross national product.. Gross domestic product Business Nonfarm Nonfarm less housing.. Housing Farm Statistical discrepancy. _. Residual1 Households and institutions Government Federal... State and local. Rest of the world. r 1,700.1 1,887.2 1,806.8 1,867.0 1,916.8 1.958.1 1,992.0 2,083.2 1,271.0 1,332.7 1,306.7 1,325.5 1,343.9 1,354.5 1,354.2 1,380.5 1,685.7 1,869.9 1,789.7 1,849.0 1,898.7 1.942.2 1,973.8 2,064.6 1,264.3 1,325.3 1,299.4 1,317.7 1,336.3 1,347.9 1,346.6 1,372.8 1,436.7 1, 599.3 1, 527. 8 1, 582.5 1,626.4 1, 660. 4 1, 684.1 1,770.0 1, 077. 9 1,135. 9 1,112.1 1,129. 6 1,146.1 1,155. 9 1,153.5 1,179.0 1,385.6 1, 544.0 1,474.9 1, 528.0 1,571.6 1, 601. 6 1, 628.9 1,712.7 1, 040.1 1, 094. 2 1,072. 7 1,088. 9 1,102. 6 1,112.4 1,115.4 1,143. 8 998.1 1,025. 2 976.1 996.4 988.0 1, 255.0 1,397.8 1,335. 2 1,384.0 1,423. 2 1, 449.0 1, 471. 7 1,550.9 961.7 932.6 980.5 117.4 118. 0 112.8 116.0 144.1 130.6 157.1 161.7 114.6 139.7 107.5 111.0 148.4 152.7 113.6 146.2 32.5 30.5 34.1 50.8 36.1 46.9 53.0 50.4 49.5 32.2 34.5 32.9 47.7 54.0 34.4 50.5 3.7 4.2 2.2 .9 3.4 7.1 4.8 4.7 4.6 5.5 9.0 7.4 6.4 7.3 6.6 5.6 56.5 62.7 60.0 61.3 63.5 65.9 68.8 70.5 40.7 42.2 41.2 41.7 42.5 43.6 43.8 44.3 192.5 62.4 130.1 208.0 66.4 141.5 201.9 65.2 136.8 205.2 65.4 139.8 208.9 65.7 143.2 215.9 69.5 146.4 221.0 69.9 151.1 224.1 70.1 154.1 145.6 48.5 97.1 147.2 48.7 98.4 146.1 48.6 97.5 146.3 48.7 97.6 147.7 48.8 99.0 148.4 48.8 99.6 149.4 48.8 100.6 149. 0 48.8 100.7 14.4 17.3 17.1 18.0 18.1 15.9 18.2 18.6 6.8 7.3 7.4 7.8 7.6 7.5 7.7 Revised. HISTORICAL STATISTICS T h e national income a n d p r o d u c t d a t a for 1929-72 are in The National Income and Products Accounts of the United States, 1929-7$: Statistical Tables (available for $4.95, S N 003-010-00052-9, from Commerce D e p a r t m e n t District Offices or t h e Superintendent of D o c u m e n t s ; see addresses inside front cover). D a t a for 1973,1974, a n d 1975-77 are i n J u l y 1976, J u l y 1977, a n d J u l y 1978 issues of t h e SURVEY, respectively. CURRENT BUSINESS STATISTICS X HE STATISTICS here update series published in the 1975 edition of BUSINESS STATISTICS, biennial statistical supplement to the SURVEY That volume (available from the* Superintendent of Documents for $6.80) provides a description of each series, references to sources of earlier figures, and historical data as follows: For all series, monthly or quarterly, 1971 through 1974 (1964-74 for major quarterly series), annually, 1947-74; for selected series, monthly or quarterly, 1947-74 (where available). Series added or significantly revised after the 1975 BUSINESS STATISTICS went to press are indicated by an asterisk (*) and a dagger (f), respectively. Unless otherwise noted, revised monthly data for periods not shown herein corresponding to revised annual data are available upon request. The sources of the data are given in the 1975 edition of BUSINESS STATISTICS; they appear in the main descriptive note for each series, and are also listed alphabetically on pages 187-88. Statistics originating in Government agencies are not copyrighted and may be reprinted freely. Data from private sources are provided through the courtesy of the compilers, and are subject to their copyrights. OF CURRENT BUSINESS. 1975 Unless otherwise stated in footnotes below, data through 1974 and descriptive notes are as shown in the 1975 edition of BUSINESS STATISTICS 1976 1977 II III IV I II 1978 1977 1976 1975 III IV I II III IV I II' Annual total Seasonally adjusted quarterly totals at annual rates GENERAL BUSINESS INDICATORS—Quarterly Series NATIONAL INCOME AND PRODUCTt Gross national product, totalf.. _bil.$_ Personal consumption expenditures, total, .do ,564.0 1,598. 0 ,649.7 1,685. 4 1, 715. 6 1,749.8 , 867.0 1,916.8 1,958.1 964.9 994.0 1,021.6 , 053. 8 1,075.1 1,098.4 1,133.7 167.7 , 188.6 1,214. 5 1,255.2 1,276.7 1,324.9 1,090.2 1,206. 5 156. 6 69.7 63.9 178.4 81. 5 71.3 128.1 49.6 57. 5 '136. 3 55.9 58. 7 143. 5 60.6 60.8 152. 2 67.7 61.9 154.7 69.1 63.0 156. 7 69. 5 64.2 162.8 72.6 66.5 173. 2 81.3 68.0 175. 6 81.2 69.9 177.4 79. 5 72.0 187.2 84.0 75.3 183.5 84.1 72.1 198.0 92.8 76.5 442.6 75.7 225.8 42.8 479.0 81. 5 245. 2 46.5 405. 5 69.9 208.0 39.1 415.0 71. 5 212.4 40.0 421.4 72.2 216.6 40.5 430. 3 73.8 219.4 41.4 437.4 74.2 223. 9 41.9 444. 5 76.1 227.4 43.0 458. 3 78. 5 232. 3 45.1 465. 9 78.5 237.5 46.1 473.6 79.3 244. 5 46.2 479.7 81.4 246.4 46.0 496.9 86.7 252.6 47.5 501.4 82.9 257.7 48.3 519.8 87.6 267.9 49.2 491.0 166.4 37.9 549. 2 81.6 184.6 44.2 431.3 64.2 148.0 31.9 442.7 65.8 151. 5 32.7 456.7 66.7 156. 3 34.0 471. 3 69.3 160.2 36.0 483.0 70.2 164.7 37.0 497.2 73. 5 168.2 38.7 512. 6 78.2 172.3 39.8 528.6 80.2 177.3 40.8 539.4 78.0 182.1 43. 5 557. 5 83.7 186.9 45.0 571.1 84.6 192.0 47.3 591.8 89.6 198.1 49.7 607.1 89.4 204.1 52.1 190.9 243.0 297.8 175. 2 206.8 203.9 231.5 243.5 249.9 247.1 272.5 295.6 309. 7 313.5 322.7 344.0 201.6 150. 2 53. 8 96.4 232.8 164.6 57.3 107.3 282.3 190.4 63.9 126.5 197. 5 148.8 52.9 95.9 202. 3 149.7 54.0 95.7 208.8 151. 5 54. 7 96.8 220.1 157.7 56.4 101.3 228.1 162.2 57.6 104.6 235.3 168.1 57. 3 110.8 247.6 170. 5 57.9 112.6 262. 2 180.6 59. 3 121.4 278.6 187. 2 63.4 123.8 287.8 193. 5 65.4 128.1 300.5 200.3 67.4 132.8 306.0 205.6 68.5 137.1 325.1 219.8 74.1 143.7 Durable goods, total 9 -do Motor vehicles and parts do Furniture and household equipment. _.do Nondurable goods, total 9 -do Clothing and shoes do Food do Gasoline and oil .do Services, total? do Houshold operation _. _ _.do Housing ...do Transportation do Gross private domestic investment, total....do. Fixed investment .do Nonresidential do Structures do Producers' durable equipment do , 992.0 2,083.2 1, 700.1 1,887. 2 1,498. 6 Residential Change in business inventories Nonfarm do .do do 51. 5 -10.7 -14.3 68.2 10.2 12.2 91.9 15.6 15.0 48.7 -22.3 -24.9 52.6 4.6 1.1 57.3 -4.9 -9.0 62.4 11.4 12.7 65.9 15.4 18.8 67.3 14.5 15.2 77.1 -.6 2.2 81.6 10.3 11.1 91.4 17.0 16. 5 94.3 21.9 22.0 100.2 13.1 10.4 100.3 16.7 16.9 105.3 18.9 20.9 Net exports of goods and services Exports Imports do do do 20.4 147. 3 126.9 7.4 163.8 155.7 -11.1 175. 5 186.6 24.3 142.6 118.3 20.9 147.0 126.1 20.9 152. 2 131.2 10.4 154.4 144.1 9.7 160.7 150. 9 6.9 168.2 161.3 2.8 169.4 166.6 170.9 179.4 -5.9 178.1 184.0 -7.0 180.8 187.8 -23.2 172.1 195.2 -24.1 181.7 205.8 -10.2 200.9 211.1 Govt. purchases of goods and services, total.do Federal do National defense .do State and local do By major type of product: t Final sales, total do Goods, total. do Durable goods do Nondurable goods ...do Services do Structures do 338.4 123.1 83.7 215.4 359.5 129.9 86.8 229.6 394.0 145.1 94.3 248.9 334.2 121.4 82.8 212.8 342.2 123.6 84.2 218.7 351. 5 127.9 86.4 223.6 354.0 127.1 85.9 226.9 357. 2 127.8 85.6 229.4 360.4 129.9 86.5 230. 5 366.3 134.6 89.1 231.7 375. 0 138. 3 91.9 236.7 388.8 142.9 93.7 245.9 399.5 146.8 94.4 252.7 412.5 152.2 97.1 260.3 416.7 151.5 97.9 265.2 424.5 147.2 98.6 277.3 Change in business inventories Durable goods Nondurable goods 1,539. 6 259. 0 427.5 697.6 144.7 do... do... do... -10.7 -8.9 -1.8 1,871. 6 1, 520.9 1,559. 4 1, 602.9 1, 638.3 1,670.1 1,701.0 1,750.4 1, 796.5 1,850.0 1,894.9 1,945.0 1,975.3 2,064.3 892.3 861.8 859.6 844.7 825.8 800. 2 718.6 768.1 772.9 670.2 711.4 758.0 832.6 741.9 365.2 351.2 347.4 346.5 339.1 332.2 312.4 269.9 273.7 301.8 315. 6 254.1 341.3 288.6 527.1 510.6 512.2 498.2 486.7 468.0 441.5 456.2 444.9 457. 3 416.1 455.7 491. 3 453.4 949.4 926.4 893.6 875.3 850.0 832.3 706.1 766.9 726.4 787.1 808.1 688.6 862.8 749.7 222.5 203.8 204.9 196.8 191.3 174.3 146.5 160.5 160.3 153.0 168.7 139.8 191.8 158.1 18.9 16.7 13.1 21.9 17.0 10.3 10.2 11.4 15.4 14.5 15.6 - 2 2 . 3 4.6 -4.9 19.9 14.8 6.3 11.9 6.1 9.1 5.2 5.3 8.4 - 1 0 . 9 9.3 -3.5 .1 6.5 -8.6 9.0 1.9 6.8 10.0 4.2 7.9 7.2 -11.4 4.9 5.3 8.0 3.7 11.3 8.9 -5.8 760.3 304.6 455.7 778.0 161.9 GNP in constant (1972) dollars f Gross national product, totalf 1,271. 0 1,332.7 1,189.9 1,220.0 1,227.9 1, 255.5 1, 268.0 1,276. 5 1, 284.0 1,306. 7 1,325. 5 1,343.9 1,354. 5 1,354.2 1,380.5 873.5 887.3 876.6 858.0 849.5 770.2 779.7 857.7 846.6 806.3 820.9 819.4 814.0 836.2 791.1 bil.$. 1,202.3 Personal consumption expenditures, total, .do... 774.6 Durable goods do... Nondurable goods do... Services do... Gross private domestic investment, total...do Fixed investment _ do Nonresidential do Residential .do Change in business inventories do 112.7 306.6 355.3 125.9 320.2 373.2 142.6 152.4 113.6 38.8 -9.8 Net exports of goods and services do Govt. purchases of goods and services, total.do Federal _.do State and local ~.__do.- 134.9 327.1 384.6 136.2 327.2 386.0 136.9 329.2 391.8 143.0 338.1 395.6 137.8 333.3 402.4 145.9 336.6 404.8 177.1 173.4 186.1 197.1 201.7 200.3 205.7 212.5 167.8 121.0 46.8 9.3 173.6 121.4 52.3 -.2 180.3 126.8 53.5 5.8 187.1 129.1 58.0 10.0 189.5 130.8 58.8 12.2 192.8 132.5 60.3 7.5 193.4 133.8 59.5 12.3 200.5 140.4 60.1 12.0 109.4 307.5 353.4 115.2 307.5 357.0 119.7 309.5 361.9 124.8 314.6 366.9 173.4 196.3 133.3 153.7 148.9 168.5 174.7 166.8 118.9 47.8 6.7 187.4 129.8 57.7 8.9 149.9 112.9 37.0 -16.7 151.5 112.0 154.1 111.8 42.3 -5.2 161.0 115.5 45.5 7.5 164.6 117.8 46.8 10.1 22.6 15.4 9.5 24.7 22.8 22.2 16.5 16.1 16.1 13.1 11.2 11.0 12.5 3.1 2.9 8.9 262.6 96.5 166.1 262.8 96.6 166.2 259.2 101.6 167.6 261.6 96.2 165.4 263.8 96.7 167.2 265.7 97.3 168.4 264.3 96.2 168.1 263.2 95.9 167.3 262.5 96.8 165.7 261.3 97.5 163.8 262.8 98.7 164.1 267.9 101.3 166.6 271.7 102.9 168.8 274.5 103.6 170.9 272.1 101.2 170.8 271.9 97.1 174.7 39.5 2.1 'Revised P Preliminary. fRevised series. Estimates of national income and product and personal income have been revised back to 1973 (see p. 16 ft. of the July 1977 SURVEY and 269-665 O - 78 - Si 128.5 327.7 380.0 125.3 320.5 375.1 137.8 330.4 389.5 125.2 318.2 370.6 p 24 ff. of the July 1978 SURVEY) ; revisions prior to May 1977 for personal income appear on p. 36 of the July 1978 SURVEY. 9 Includes data for items not shown separately. S-l SURVEY OF CURRENT BUSINESS S-2 1975 Unless otherwise stated in footnotes below, data through 1974 and descriptive notes are as shown in the 1975 edition of B U S I N E S S STATISTICS 1976 1977 Annual total 1976 1975 III August 1978 IV I II 1977 III IV I 1978 II III IV I II r III GENERAL BUSINESS INDICATORS—Quarterly Series—Continued NATIONAL INCOME AND PRODUCTf—Con. Quarterly Data Seasonally Adjusted Implicit price deflators:! Gross national product . . Index, 1972=100 _ 127.15 126.4 Personal consumption expenditures do 117.7 Durable goods . _ do 133.4 Nondurable goods do 123.2 Services do Gross private domestic investment: 132.3 do Fixed investment 132.2 do Nonresidential do 132.8 Residential _ . _. _.. Govt. purchases of goods and services Federal State and local Quarterly Data Seasonally Adjusted at Annual National income totalt CoTTTDPJTSation of PTHDIOVPPS total Waces and salaries total Govt and £rovt entprnrisps Other do .do.... do 128.9 127.5 129.7 133. 76 133.1 124.4 138.2 131.6 141. 61 140.7 129.5 145.0 141.0 128.19 127.5 118.4 134.9 124.0 130.14 129.1 119.9 136. 2 126.2 131. 40 130.7 122.0 136.8 128.4 132. 92 132.1 123. 6 137.4 130.3 134. 39 133.8 125.0 138. 7 132.5 136. 28 135.6 126.8 139.9 134.9 138. 27 137.9 128.4 142.4 137.4 140. 86 139.9 128.9 144.7 139.7 142. 63 141.6 129.5 145.7 142.3 144. 56 143.2 130.9 147.0 144.4 147.10 146. 2 133.1 150.4 147.1 150.90 149.3 135.7 154.4 150.0 139.6 138.4 142.5 150.6 146.7 159.4 133.5 133.6 133.0 135.5 135.5 135.6 136.7 136.6 137.2 138.5 137.7 140.7 140.3 138.9 143.8 142.6 140.5 147.6 145.4 142.5 152.3 148.9 145.0 157.6 151.9 147.9 160.6 155.9 151.2 166.1 158.2 153.6 168.6 162.2 156.6 175.2 136.8 134.4 138.1 146. 3 142.7 148.5 129.7 127.8 130.8 132.3 131.4 132.8 134.0 132.1 135.0 135.7 133.3 137.1 137.3 134.2 139.1 140.2 138.0 141.5 142.7 140.1 144.3 145.1 141.1 147.6 147.1 142.7 149.7 150.3 146.9 152.3 153.2 149.6 155.2 156.2 151.5 158.7 Rates 1,215.0 T^-i 1 $, 931.1 805.9 175.4 630.4 125.2 do do do do Proprietors' income with inventory valuation and capital consumption adjustments, total bil. $ Farm do do Nonfarm Rental income of persons with capital consumption adjustment bil. $ 1,359.2 1,515.3 1,243.2 1,271.8 1,319.8 1, 347. 9 1,372.1 1,397. 0 1,447.5 1,499.3 1,537.6 1,576.9 1,603.1 1,683.6 1,036. 8 1,153. 4 890.1 983.6 187.6 200.8 702.5 782.9 146.7 169.8 939.0 812.0 177.0 635.0 127.0 907. 8 1, 001. 7 1,026.0 1,046.1 1,073. 3 1,107. 9 1,140. 5 1,105. 8 1,199. 7 1,241.0 1,287.5 993.6 1,021.2 1,050. 8 1,089.9 836.1 861.7 897.3 940. 4 973.4 881.5 919.9 213.9 208.1 211.4 195.2 198.1 201.7 183.7 186.1 188.1 192.6 181.3 813.1 876.0 709.2 751.2 839.3 695.4 727.2 775.3 791.9 678.0 654.8 178.4 197.5 153.4 161.5 167.1 172.2 190.2 148.8 140.0 144.0 131.7 87.0 23.5 63.5 88.6 18.4 70.2 99.8 20.2 79.5 91.8 26.9 64.9 91.2 25.1 66.1 88.6 20.9 67.7 88.8 19.6 69.3 87.4 16.9 70.5 89.5 16.3 73.2 95.6 19.4 76.1 98.9 20.0 78.9 97.2 16.5 80.8 107.3 25.1 82.3 105.0 21.9 83.1 110.1 24.0 86.0 22.4 22.5 22.5 22.4 22.5 22.5 22.4 22.4 22.8 22.5 22.4 22.4 22.7 22.8 22.2 95.9 127.0 144.2 110.1 110.3 126.8 128.6 130.0 122.5 129.9 143.7 154.8 148.2 132.6 159.5 117.1 12.6 104.5 59 9 25.6 118.7 13.6 105.1 59 3 23.2 132.3 15.8 116.4 67 0 27.4 135.4 17.0 118.4 67 5 29.7 136.3 18.3 118.0 65.9 28.5 128.7 19.1 109.7 61.9 26.9 134.8 19.7 115.1 66.4 29.9 148.1 19.9 128.1 77.4 37.2 159.5 21.9 137.6 74.7 34.2 155.6 21.9 133.7 80.2 39.1 139.2 22.7 116.6 69.8 32.8 167.3 24.3 143.0 Corp. profits with inventory valuation and capital consumption adjustments, total bil. $_. Corp. profits with invent, val. adj.: Domestic, total do do Financial do Nonfinancial total 9 Manufacturing total 9 do do Durable goods Transportation, communication, and electric, gas, and sanitary serv bil. $_. Rest of the world do 101.8 13.0 88.9 48 3 18.3 133.2 17.5 115.6 65 6 28.1 149.5 20.9 128.6 74.7 35.1 9.2 6.1 13.7 8.2 16.1 9.6 10.7 6.3 12.7 5.9 12.4 8.9 14.3 7.6 14.9 8.2 13.3 8.2 15.4 9.7 14.5 10.4 17.5 10.3 17.1 7.9 17.3 9.4 do do do -do.... -do.... 120.4 49.8 70.6 31.9 38.7 155.9 64.3 91.7 37.9 53.8 173.9 71.8 102.1 43.7 58.4 134.0 55.8 78.1 32.1 46.0 137.2 56.9 80.3 32.0 47.8 152.6 63.6 89.0 34.5 54.5 158.7 60.3 92.4 37.2 55.2 157.8 64.7 93.1 38.4 54.7 154.6 62.4 92.2 41.4 50. 8 164.8 68.3 96.5 41.5 55.0 175.1 72.3 102.8 42.7 60.1 177.5 72.8 104.8 44.1 60.6 178.3 73.9 104.4 46.3 172.1 70.0 102.1 47.0 55.1 -16.6 -14.8 93.7 -7.7 -15.0 97.3 -14.8 -15.3 99.0 Profits before tax total Profits tax liability Profits after tax Dividends. Undistributed profits Inventorv valuation adinstmpnt Capital consumption adjustment Net interest -12.4 -12.0 78.6 do do do -14.5 -14.4 84.3 -14.8 -14.9 95.4 -10. 6 -13.3 79.9 -12.5 -14.4 80.0 -11.4 -14.4 80.1 -15.7 -14.4 82.0 -13.3 -14. 5 86.2 -17.6 -14.5 88.9 -20.3 -14.6 91.7 -23.5 -16.1 101.7 9.4 201.6 84.2 117.3 48.1 AQ 9 -24.9 -17.2 104.5 DISPOSITION OF PERSONAL INCOMEf Personal income total Less* Personal tax and nontax Davments Equals: Disposable personal income Less* Personal outlays© Eduals* Personal savintr§ bil $ 1, 255. 5 168.8 1,086. 7 1,003.0 83.6 do do do 1,380.9 1, 529. 0 1, 274.1 1, 305. 4 1,336.9 1,303. 2 1, 392. 8 1,430.5 1, 470. 7 1, 508. 6 1, 543. 7 1, 593. 0 1,628.9 1,682.2 233.3 248.9 226.0 192. 6 200.0 184.4 209.0 222.7 223.3 224.6 237.3 196. 5 179.6 173.8 1,184.4 1,303. 0 1,100. 3 1,125.8 1,152. 5 1,170. 6 1,192.8 1, 221. 5 1,248.0 1,285.3 1,319.1 1,359. 6 1,391. 0 1,433.3 1,116. 3 1, 230.1 1,018.1 1, 040. 0 1,078. 9 1,100. 7 1,124. 8 1,160. 9 1,195.8 1,217. 8 1, 244. 8 1, 285.9 1,309.2 1, 358. 7 73.7 74.6 00. 9 52.2 82.2 73.6 60.7 74.3 82.4 79.8 09.9 68.1 67.5 68.0 NEW PLANT AND EQUIPMENT EXPENDITURES Unadjusted quarterly or annual totals: All industries Manufacturing Durable goods industries^. 1 Nondurable goods industries !! Nonmanufacturi ng 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^ ._ Nonmanufacturing Mining Railroad Air transportation Other transportation Public utilities Electric Gas and other Communication Commercial and other r 112. 78 47.95 21.84 26.11 120.49 52.48 23.68 28.81 135.80 60.16 27.77 32.39 27.79 11.67 5.16 6.51 30.74 13.30 5.99 7.30 25.87 10.96 4.78 6.18 29.70 12.66 5.61 7.05 30.41 13.48 6.02 7.46 34.52 15.38 7.27 8.12 29.20 12.52 5.80 6.72 33.73 14.84 6.79 8.06 34.82 15.60 7.17 8.43 38.06 17.19 8.00 9.18 32.35 13.67 6.36 7.31 i 37.43 16.37 7.54 8.83 i 38.28 17.31 7.90 9.41 64.82 3.79 2.55 1.84 3.18 68.01 4.00 2.52 1.30 3.63 75.64 4.50 2.80 1.62 2.51 16.12 .94 .62 .50 .85 17.44 .97 .62 .43 .93 14.91 .92 .49 .26 .72 17.04 .99 .68 .42 1.02 16.93 1.04 .64 .26 .95 19.14 1.05 .70 .35 .94 16.68 1.02 .59 .33 .61 18.88 1.16 .67 .43 .76 19.21 1.17 .78 .39 .50 20.87 1.15 .76 .46 .63 18.68 1.07 .71 .52 .51 21.06 1.25 .89 .67 .68 20.97 1.21 .82 .50 .59 20.14 17.00 3.14 12.74 20.60 22.28 18.80 3.47 13.30 20.99 25.80 21.59 4.41 15.45 22.97 5.07 4.16 .91 3 14 5.00 5.70 4.85 .85 3.26 5.52 4.79 4.18 .62 2.92 4.82 5.50 4.74 .76 3.21 5.21 5.52 4.54 .98 3.33 5.19 6.46 5.34 1.12 3.84 5.78 5.55 4.78 .77 3.30 5.27 6.37 5.34 1.03 3.86 5.64 6.61 5.41 1.20 4.03 5.73 7.28 6.06 1.21 4.26 6.33 6.15 5.27 .88 3 97 5.76 7.09 5.97 1.12 7.32 6.14 1.18 210.48 2 10.54 112.16 47.39 21.01 26.38 111.80 46.82 21.07 25.75 114. 72 49.21 21.63 27.58 118.12 50.64 22.54 28.09 122.55 54.78 24.59 30.20 125. 22 54.44 25.50 28.93 130.16 56.43 26. 30 30.13 134.24 59.46 27.26 32.19 140. 38 63.02 29.23 33.79 138.11 61.41 28.19 33.22 144.25 61.41 28.72 32.86 148.88 65.67 30.42 35.25 153.83 69.44 31.99 37.45 do do do do do 64.76 3.82 2.75 2 12 2.99 64.98 3 82 2.39 1.65 3.56 65.51 3.83 2.08 1.18 3.29 67.48 3.83 2.64 1.44 4.16 67.76 4.21 2.69 1.12 3.44 70.78 4.13 2.63 1.41 3.49 73.74 4.24 2.71 1.62 2.96 74.78 4.49 2.57 1.43 2.96 77.36 4.74 3.20 1.69 1.96 76.70 4.50 2.80 1.76 2.32 82.68 4.45 3.35 2.67 2.44 83.21 4.95 3.28 2.30 2.55 84.39 4.84 3.27 2.02 2.36 do do do do 19.79 16.58 3.21 12 95 20.34 20.91 17.92 3.00 12.22 20.44 21.91 18.56 3.36 12.54 20.68 21.85 18.82 3.03 12.62 20.94 21.67 18.22 3.45 13.64 20.99 23.46 19.49 3.96 14.30 21.30 25.35 21.19 4.10 14.19 22.07 25.29 21.14 4.16 15.32 22.73 26.22 21.90 4.32 16.40 23.14 26.23 22.05 4.18 15.82 23.27 27.92 23.15 4.78 17.07 24. 70 28.27 23.70 4.58 29.26 25.04 4.22 bil. $ do do - _do do do do do do do .do.. . do do.. do . . do do do 1 Revised. *» Preliminary. Estimates (corrected for systematic biases) for Apr.June 1978 and Jul.-Sept. 1978 based on expected capital expenditures of business. Expected 2 expenditures for the year 1978 appear on p. 32 of the June 1978 SURVEY. Includes communication. fSee corresponding note on p. S-l. 9 Includes data for items not shown separately. ©Personal outlays comprise personal consumption expenditures, interest paid '•241.80 2 42. 63 by consumers to business, and personal transfer payments to foreigners (net). §Personal saving is excess of disposable income over personal outlays. 11 Data for individual durable and nondurable goods industries components appear in the Mar., June, Sept., and Dec. issues of the SURVEY.
@FedFRASER