The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
BUSINESS STATISTICS WlontLi JL HE STATISTICS here are a continuation of the data published in the 1959 edition of BUSINESS STATISTICS, biennial Statistical Supplement to the SURVEY OF CURRENT BUSINESS. That volume (price $2.25) contains monthly (or quarterly) data for the years 1955 through 1958 and monthly averages for all years back to 1929 insofar as available; it also provides a description of each series and references to sources of monthly figures prior to 1955. Series added or significantly revised since publication of the 1959 BUSINESS STATISTICS are indicated by an asterisk (*) and a dagger (f), respectively; certain revisions for 1958 issued too late for inclusion in the aforementioned volume appear in the monthly SURVEY beginning with the July 1959 issue. 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. Unless otherwise stated, statistics through 1958 and descriptive notes are shown in the 1959 edition of BUSINESS STATISTICS 1960 July 1961 DecemAugust SeptemOctober November ber ber January February March April May July June August GENERAL BUSINESS INDICATORS NATIONAL INCOME AND PRODUCT t Seasonally adjusted quarterly totals at annual rates: t National income, total bil. of dol Compensation of employees, total _ Wages and salaries, total Private ATilitary Government civilian __ _ Supplements to wages and salaries do do do do do do Proprietors' income, total d71 Business and professionalc?... Farm - Rental income of persons.. Corporate profits and inventory valuation ment, total __ bil. Corporate profits before tax, total Corporate profits tax liability Corporate profits after tax_ Inventory valuation adjustment 419.0 416.5 412.2 426 0 296. 0 273.2 224.2 9.9 39.1 22.7 294. 0 271.3 221.6 10.0 39.7 22.7 292.6 270. 1 219.7 10.1 40.3 22.5 300 277 226 10 41 22 2 3 0 1 2 9 do do. _ _ do do adjustof dol. _ do _ _ . _do_. _ do do 48.7 36.3 12.4 11.7 49.0 36.3 12.7 11.7 48.9 36.0 12.9 11.5 49 2 36 3 12 9 11 5 44.1 43.2 21.4 21.7 .9 42.9 42.6 21.1 21.4 .3 40.0 39.6 19.6 20.0 45 5 45.2 22 4 22.8 3 do__ _ 18.6 18.9 19.2 19 6 505.1 504.5 500.8 516 1 329.7 43.4 152.7 133.6 332.3 43.8 153.1 135.4 330.7 39.4 153.7 137.5 336 1 42 0 154 1 139 9 _do__ _ do_ __ do. __ do 70.5 40.4 27.7 2.4 65.6 40.7 26.7 1.9 59.8 39 6 24.2 4 0 68 41 24 2 Net exports of goods and services do Exports. do Imports. _ do.. _ Government purchases of goods and services, total bil. of dol.. Federal (less Government sales) _ _ d o ... National defense9 do State and local __ _ do. _ 3.0 26.8 23.8 5.1 27.6 22.4 27.6 22.3 39 26 4 22 5 101.9 54.0 45.4 48.0 101.6 53 0 45.7 48 6 105.0 54 7 47.2 50 3 107 3 56 6 48 8 50 6 Net interest -- C7ross national product, total. _ _ do Personal consumption expenditures, total... do Durable goods do Nondurable goods _do_ _ Services do Gross private domestic investment, total. _ New construction Producers' durable equipment C hange in business inventories. .4 5.3 8 3 7 8 Personal income, total Less: Personal tax and nontax payments Equals: Disposable personal income do do do 405.1 50.8 354.4 405.4 50.5 354. 9 404.7 50.3 354.3 413 2 51 4 361.8 Personal saving§ do 24.6 22.7 23.7 25 8 bil. of dol— GNP in constant (1954) dollars Gross national product, total :.:;;;:;;;;;;;;; 440.2 438.4 Personal consumption expenditures, total... do Durable goods.. do Nondurable goods__ do __ Services do 298.6 40.8 142.0 115.8 299.6 41.6 141 3 116.6 Gross private domestic investment, total _ _ d o New construction do Producers' durable equipment __.do ... Change in business inventories do 58.6 33.6 22.7 2.3 54 9 33 9 22 1 —1 1 49 6 32 9 19 9 —3.2 1.6 3.5 3.3 Net exports of goods and services do 433.2 297.0 37.6 141 6 117.8 ;;,:;;; = 445.5 301.6 39.8 142 6 119.2 57 34 20 2 3 1 3 9 19 Government purchases of goods and services, total bil. of dolFederal do „ State and local do 81.3 80.3 83.3 84 7 44 7 42.9 41 6 43 1 38.4 38.7 40.2 40.0 ' Revised. t Revised series. Estimates of national income and product and personal income have been revised back to 1957; revisions prior to the 2d quarter 1960 (and prior to May 1960 for personal income) appear on p. 6 ff. of the July 1961 SURVEY. ^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. 605032°—61- S-l SURVEY OF CURRENT BUSINESS S-2 September 1061 I960 Unless otherwise stated, statistics through 1058 and descriptive notes are shown in the 195!) edition of BUSINESS STATISTICS July 1961 August SeptemOctober I*™™ber Decem- Janu- ber arv ™;"- March April May July June August 1 1 GENERAL BUSINESS INDICATORS—Continued PERSONAL INCOME, BY SOURCE! Seasonally adjusted, at annual rates: t Total personal income bil. of dol Wage and salary disbursements, total do Commodity-producing industries, total do — Manufacturing only do Distributive industries .. - -.do Service industries do Government .. _ _ do_ Otber labor income do Proprietors' income: Business and professional do Farm -- .. _do_. Rental income of persons do Dividends do Personal interest income -do Transfer payments . . . do .. Less personal contributions for social insur_--do Total nonagricultural income -~ - - - -do 404.7 405.2 405.5 406.4 406.0 404.0 403.6 403.1 i 405. 5 407. 3 409.8 413.2 417.3 '421.2 273.6 111.3 88.0 72.6 41.1 273.2 273.0 272.9 109. 5 86. 3 72.4 41.4 49. 6 11. 1 269. 6 106. 2 83.8 71.8 41.6 50.0 11.0 269. 5 105. 6 83.5 71.8 41.7 50. 4 10.7 271. 1 106. 5 84. 1 71.8 42. 1 50 7 10.6 274. 6 109. 1 86 1 72.3 42.3 51.0 10.7 110. 5 87.6 72.9 42.5 51.3 10.8 280. 7 112.7 88.9 73.5 42.9 51.6 11.0 r 282. 3 M13.2 r 89. 3 48.6 10.9 110.0 86.7 72.3 41.3 49.4 10.9 269. 6 106. 2 84.0 71.8 41.7 49. 8 11.3 277.2 110.2 86.9 72.6 41.2 49.1 10.9 271. 5 108.3 85.4 72.0 41.5 49. 7 11.2 ^43. 3 '51.8 11.1 113. 1 89.2 74.2 43.6 52.0 11.1 36.3 12.3 36. 3 12.4 36. 3 12.4 36.4 12.5 36. 4 12.8 36. 0 12.8 36 0 12.8 35. 8 12.9 3'). 0 13.0 36. 1 12.9 36. 3 12.9 36.4 13 0 36.6 12.9 36.6 12.9 11.7 14.0 26.3 28 8 9.3 11.7 14. 1 26.4 29.3 9.3 11. 7 14.3 26. 6 29. 8 9.4 11. 7 14.4 26. 6 30.2 9.3 11.7 14.4 26 7 30.7 9.3 ll.fi 14. 1 26 7 31 0 9. 2 11.6 14.2 26 8 31.1 9.6 11.5 14.2 2 ( i. 8 31. 1 9.4 11.4 14.2 26. 8 1 33. 7 9. 6 11.5 14.2 26.8 32. 5 9. 6 11.5 14.2 27.0 33.0 9. 7 11.5 14.3 27.1 33. 0 9.8 11.5 14.3 27 2 T i 35. 2 9.8 11.5 14.3 27.4 32.4 9.8 388.3 388.7 389. 0 389. 8 389.1 387.2 3S6. 8 386. 2 390. 4 392. 9 396. 4 400. 2 i 404. 0 402.0 8.61 2 r 8. 80 39.58 3 46 r 1 . 58 r 1.88 r3.44 r 1. 54 3 90 1 75 2.15 .26 . 18 .48 1.39 r.24 -.15 '.53 1 r 1 418. 6 r 74. 0 r 419.3 282.8 NEW PLANT AND EQUIPMENT EXPENDITURES Unadjusted quarterly totals: Ml industries T) hi M r ! T d hi bil of dol : do ' d i t ' d i d t ~p Railroads Transportation otber than rail Public utilities do Mining Railroads pr^u 1 1nc ucu t rt' i ,. ' do i lo lo .. - " 9.53 7.57 r 3.62 1.80 1.81 4 01 1 95 2.06 3 00 1 41 1.59 r .24 9 09 .21 . 17 .41 1 09 2 69 35. 90 35 50 33 85 r 14. 65 7.35 7.30 14 40 6 85 7 55 13. 75 6 50 7.25 r 1.00 1.00 1.90 5. 60 11.75 90 1 . 00 1 80 5 70 11 65 .95 .70 1 75 5 35 11.30 .25 .24 .47 1. 50 2 91 do do do do Seasonally adjusted quarterly totals at annual rates: All Industrie 5 ' bil of dol D uraj.ie 'hi g VK d ' ,d . f-, 'p<^, ~~ ~ ~ 8.98 lo q 95 .46 1 58 r 1.90 •>• 2. 85 .28 .13 .47 1.68 3 12 33. 50 2 r 34. 80 3 35. 90 13. 50 r 6 20 r 7 30 >• 1 3. 75 r 6. 15 r 7. 65 14.20 6 35 7 85 1 00 r . 70 1 80 r 5 50 r 11 05 95 . 60 r 2. 05 r 5 95 rll.50 r r r r i-1.59 r r 1 05 .50 1 90 6 05 12 20 FARM INCOME AND M A R K E T I N G S ^ Cash receipts from farming, including Government payments, total . .. ___ .-.mil. ofdoL Farm marketings and CCC loans, total Crops do . do Dairy products do Meat animals do Poultry and eggs do Indexes of cash receipts from marketings and CCC loans, unadjusted: All commodities 1947-49 = 100 Crops -do Livestock and products do Indexes of volume of farm marketings, unadjusted: All commodities 1947-49 = 100 Crops doLivestock and products do 2,802 3,023 3,375 4,336 3,847 3, 268 3,123 2,272 2.278 2. 171 2,478 ' 2, 568 2, 785 2,738 2,992 1,397 1, 595 379 902 282 4, 036 2,181 1,855 393 1,100 339 3,767 2,073 1 691 379 964 338 3.221 1.624 1 597 403 854 316 3.077 1.316 1, 422 389 759 250 3, 353 1 , 71 5 1 , 638 379 926 298 1.448 1 629 409 938 247 2, 250 788 1,462 377 819 238 2 259 607 1 652 424 924 279 2. 137 618 1,519 417 823 249 2, 236 615 1.621 448 897 256 2, 447 915 1, 532 427 832 246 2.714 1.289 1,425 411 748 243 112 123 104 123 130 117 138 160 120 166 203 136 155 193 124 132 151 117 126 135 120 92 74 107 93 57 121 88 58 111 92 57 119 100 85 112 111 120 105 132 143 124 143 148 140 156 174 142 191 236 156 176 222 142 146 168 130 144 163 131 102 81 118 103 57 137 97 53 130 106 52 147 120 90 142 131 134 129 INDUSTRIAL PRODUCTIONt Revised Federal Reserve Index of Quantity Output Unadjusted, total index (including utilities)! 1957-100. By industry: Manufacturing, total do Durable manufactures do Nondurable manufactures _ do. Minin? do Utilities do By market grouping: Final products, total Consumer goods Automotive and home goods Apparel and staples Equipment, includine defense do do do do do 103 107 108 110 106 101 102 103 104 107 108 111 106 pill 103 99 109 94 106 98 117 98 108 102 117 98 110 103 119 98 106 100 114 97 100 96 106 97 101 95 109 97 102 96 111 97 103 97 112 96 107 100 115 97 108 103 115 98 111 106 118 ^98 '105 r !00 "112 96 P102 P121 107 110 104 112 102 111 115 99 121 101 112 117 110 119 102 114 121 123 120 101 110 115 117 114 100 106 108 108 108 101 106 109 101 112 101 108 111 104 114 101 107 111 104 113 101 110 113 112 114 102 110 114 113 114 102 113 118 '119 r 117 103 109 !12 '103 115 102 pl!3 pl!8 "97 M25 P103 r pllO plOO r 98 105 101 104 99 102 104 100 98 105 103 *109 Materials __ do 109 107 96 91 90 95 100 97 99 96 90 90 99 "103 105 Durable goods materials . ... . ._ do.__ 101 r 118 104 111 109 112 P114 112 110 110 108 110 106 l!4 113 Nondurable m aterials do r L Revised. p Preliminary. Italicized totals for March and July exclude stepped-up rate of, and special Government life insurance dividend payments to veterans, respectively; total disbursements of $150 million (March) and $218 million (July) multiplied by 12 (to put on annual rate basis) amounted to $1.8 billion (March) and $2.6 billion (July). Figures for transfer payments and total nonagricultural income reflecting similar exclusion are3 as follows: March—$31.9 billion and $388.6 billion; July—$32.5 billion and $401.4 billion. 2 Estimates for JulySeptember 1961 based on anticipated capital expenditures of business. Estimates for October-December 1961 based on anticipated capital expenditures of business. Anticipated expenditures for the year 1961, and comparative data for 1959-60, appear on p. 6 of this issue of the SURVEY. tSee note marked "t" on page S-l. cf Re vised beginning 1958; revisions prior to May 1960 will be shown later. 9 Includes data not shown separately. t Revised series. For figures back to January 1955 for total and summary groups (seasonally adjusted), seep. 6 of the January 1960 SURVEY; for other information and earlier figures back to 1947 (1919 for total industrial production, including utilities), see the December 1959 Federal Reserve Bulletin and the separate Federal Reserve publication, "Industrial Production: 1959 Revision" (available from the Board of Governors of the Federal Reserve System).
@FedFRASER