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* BUSINESS STATISTICS
T.

. HE STATISTICS here are a continuation of the data published in BUSINESS STATISTICS, the 1955 Statistical Supplement to the SURVEY OF
CURRENT BUSINESS. That volume (price $2.00) contains monthly data for the years 1951 through 1954 and monthly averages for earlier years
back to 1929 insofar as available; it also provides a description of each series and references to sources of monthly figures prior to 1951. Series
added or significantly revised since publication of the 1955 Supplement are indicated by an asterisk (*) and a dagger (f), respectively. 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. Data from private sources are provided
through the courtesy of the compilers, and are subject to their copyrights.
[Averages for the year 1955 are provided in the July 1956 issue of the SURVEY]
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

19 56

July

19 57

August Septem- October Novem- December
ber
ber

January

February

March

April

May

June

July

August

GENERAL BUSINESS INDICATORS
NATIONAL INCOME AND PRODUCT
Seasonally adjusted quarterly totals at annual rates:f
National income, total
bil ofdol
Compensation of employees, total
Wa°"es and salaries total
Private
Military
Government civilian
Supplements to wages and salaries

344.5

355.1

247.9

228 3
190.1
9 7
28.5
14 4

233 3
194.7
9 7
28.9
14 6

251.1
235 9
196.8
9 6
29.4
15 3

253. 6
238 2
198.8
9 7
29.7
15 4

50 0
28.2
11 5
10.4

50.7
28.3
12 0
10.4

50 3
28.4
11.5
10.4

50 7
28.7
11.7
10.4

39.8
40 8
20.8
19.9
—1 0
12 0

Proprietors' and rental income totalcf1
do
Business and professional^1
do
Farm
do
Rental income of persons
do
Corporate profits and inventory valuation adjustment, total
bil. of dol
Corporate profits before tax total
do
Corporate profits tax liability
- do
Corporate profits after tax
do
Inventory valuation adjustment
do
Net interest
do

353.3

242.7

do
do
do
do
do
do

42.4
45 6
23.3
22.3
—3 2
12 3

41.2
43 9
22.4
21.5
—2 7
12 5

-1 3
12 7

do

416.7

426. 0

429.1

434.3

Personal consumption expenditures total
Durable goods
Nondurable goods
Services

do
do
do
do

268 6
33.0
134 4
101. 1

272
34
135
102.

3
8
3
2

276 7
35.9
137 3
103.4

278 9
35.0
139 1
104. 9

Gross private domestic investment total
New construction
Producers' durable equipment
Change in business inventories

do
do
do
do

65 5
33.2
29 0
33

68
33
29
5

5
4
9
1

62 7
32.8
30 7

65 0
32.7
30 5
17

2 0

2 4

4 1

35

80 6
47 3
42 7
33.3

82 8
49 0
44 2
33.9

85 6
50 3
45 5
35.3

86 9
51 1
46 3
35.8

do
do
do

328 7
39 8

334 5
40.5

337 7
42 2

295.5

342 4
42 9
299. 5

.. do

20.3

21.7

18.9

20.6

Gross national product, total

Net foreign investment
do
Government purchases of goods and services, total
bil ofdol
Federal (less Government sales)
do
National security Q
do
State and local
do
Personal income total
Less* Personal tax and nontax payments
Equals: Disposable personal income
Personal saving§_

Q

294.0

288.8

PERSONAL INCOME, BY SOURCE
Seasonally adjusted, at annual rates:f
Total personal income

325.6

329.3

331.1

334.1

334.9

334.8

335.9

337.9

339.5

340.6

342.9

344.8

Wage and salary disbursements, total.. - - do
Commodity-producing industries
do
Distributive industries
do
Service industries
-_
.
do ._
Government
do

225.7

228.8

230.4

233.1
101.2
61.4
31.9
38.6

235.3

234.5

235.9

237.2

102.3
63.0
32.6
39.3

237.1
102.4
62.7
32.9
39.1

238.3

99.6
60.9
31.5
38.4

231.8
100.8
60.8
31.8
38.4

102.4
63.4
33.0
39.5

240.1
103.3
63.8
33.2
39.8

Other labor income
_ _
do
Proprietors' and rental income
do_ ._
Personal interest income and dividends
do
Transfer payments
__ do .
Less personal contributions for social Insurance
bil. of dol- -

7.5
49.9
29.7
18.5

7.6
50.1
29.9
18.7

7.6
49.9
30.1
18.8

7.7
51.3
30.2
18.9

7.7
50.7
30.4
18.9

7.7
50.2
28.5
19.0

7.7
50.2
30.7
19.5

7.8
50.4
30.8
19.7

7.8
50.4
30.9
20.0

7.8
50.6
31.0
20.8

7.8
50.8
31.2
21.6

7.9
50.9
31.2
21.5

5,7

5.8

5.7

5 8

5.9

5.9

6.7

6.7

6.8

6.7

6.8

6.8

bil. ofdol-.

96.3
60.2
31.2
38.0

98.6
60.5
31.5
38.2

102.7
61.6
32.2
38.8

101.4
62.0
32.2
38.9

102.0
62.4
32.4
39.1

' 346. 2

347.3

240.9

103. 0
64. 5
33.4
40.0

241. 5
102.7
65.0
33.6
40.2

7.9
51. 6
31. 4
'21.3

8.0
52.0
31.5
21.2

'6.9

6.9

r

r

r
r

331.3
329.3 r 330. 5
324.5
325.3
327.5
319.6
To tal nonaericultural income
do
310.7
314.1
319.3
320. 7
322.7
316.1
317.7
'Revised.
t Re vised series. Estimates of national income and product and personal income have been further revised back to 1954 (all revisions—beginning with 1952—appear on pp. 5 ff. ol the July
1957 issue of the SURVEY); for data prior to 1952, «ee the 1954 NATIONAL INCOME SUPPLEMENT or the 1955 edition of BUSINESS STATISTICS.
^Includes inventory valuation adjustment.
9 Government sales are not deducted.
§Personal saving is excess of disposable income over personal consumption expenditures shown as a component of gross national product above.




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