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BUSINESS STATISTICS JL HE STATISTICS here are a continuation of the data published in BUSINESS STATISTICS, the 1951 Statistical Supplement to the SURVEY OF CURRENT BUSINESS. That volume (price $1.50) contains monthly data for the years 1947 to 1950, and monthly averages for earlier years back to 1935 insofar as available; it also provides a description of each series and references to sources of monthly figures prior to 1947. Series added or revised since publication of the 1951 Supplement are indicated by an asterisk (*) and a dagger (f), respectively, the accompanying footnote indicating where historical data and a descriptive note may be found. The terms "unadjusted" and "adjusted" used to designate index numbers and dollar values refer to adjustment of monthly figures for seasonal variation. Statistics originating in Government agencies are not copyrighted and may be reprinted freely. vided through the courtesy of the compilers, and are subject to their copyrights. Unless otherwise stated, statistics through 1950 and descriptive notes are shown in the 1951 Statistical Supplement to the Survey 1952 1951 October Data from private sources are pro- November December January February March April May June July August September October GENERAL BUSINESS INDICATORS NATIONAL INCOME AND PRODUCTf Seasonally adjusted quarterly totals at annual rates: National income, total bil. of dol Compensation of employees, total do Wages and salaries, total do Private do Military do Government civilian do Supplements to wages and salaries do Proprietors' and rental income totalcf do Business and professional cf 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 285.6 183.4 174.3 143.8 9.6 20.9 9.1 53 1 26.6 17.*) 9.4 288.0 186.5 177.4 145.8 10.0 21.7 9.0 52 1 27.3 15 4 9.4 42.7 42.7 24.7 18.1 —. 1 6.7 42.5 39.5 22.2 17.3 30 6.6 286.9 186.9 177.8 145.6 ICO 3 181 0 148 3 9.2 51 9 27.6 14 8 9.5 9 3 52 5 27" 5 15 2 98 41.2 39.5 22 9 16 6 1 7 6.9 6 7.1 Gross national product total do Personal consumption expenditures, total do Durable goods do Nondurable goods do Services do Gross private domestic investment do New construction . do Producers' durable equipment do Change in business inventories do Net foreign investment do Government purchases of goods and services, total ___ _ bil. of dol Federal (less Government sales) do National securitv 9 __ _ do State and local do 337 1 210.5 25.3 116.2 69.0 52.9 22.4 24.7 5.8 2.6 339 7 213.2 25.2 118.0 70.0 50.0 23.7 25.7 .6 2.2 342 6 214.9 26.4 117 8 70.8 49.3 23.6 25.7 .1 .4 343 4 215 0 24.2 118 9 71.9 51 7 23.0 25 0 3 7 —1 2 71.2 48 9 44.3 22.3 74.4 51.2 46.4 23.2 78.0 54 9 50.3 23.0 77.9 54 8 49.6 23. 1 Personal income, total __ do Less* Personal tax and nontax payments do Equals: Disposable personal income do Personal saving § do 262.0 30 4 231.5 21.1 263.0 32 5 230. 5 17.3 264.4 32 9 231.5 16.5 268.9 33 6 235.3 20 3 PERSONAL INCOME, BY SOURCE! Seasonally adjusted, at annual rates: Total personal income bil. of dol Wage and salary disbursements, total do Commodity -producing industries do Distributive industries __ do Service industries _ __ _ do Govp.rnmp.nt do Wage and salary receipts, total do Other labor income do __ Proprietors' and rental income __do Personal interest income and dividends. _do Transfer pavments __ _. do Less personal contribution s for social insurance 0 bil. of dol.. Total nonagricultural income.. do 261.7 174.0 75.9 46.5 20.7 30.9 170.5 4.3 53.4 20.8 12.7 260.9 174.8 75.8 46.5 20.8 31.7 171.3 4.2 52.5 20.5 12.4 263. 4 176.0 77.5 46.7 20.8 31.0 172.6 4.3 53.3 21.1 12.1 263. 4 176.7 77.3 47.1 20.8 31.5 173.1 4.3 53.4 20.1 12.8 263.5 178.0 78.2 47.1 20.9 31.8 174.5 4.3 52.1 20.5 12.4 261.9 177.3 77.7 47.0 20.8 31.8 173.9 4.3 50.7 21.0 12.4 262.5 176.7 76.9 47.0 21.0 31.8 173.4 4.4 51.2 21.5 12.3 264.5 177.9 76.7 47.7 21.3 32.2 174.6 4.4 51.7 21.5 12.6 266.7 179.3 77.2 48.5 21.3 32.3 175.8 4.5 52.8 21.4 12.5 263.9 177.4 74.0 49.3 21.5 32.6 173.9 4.5 52.2 21.3 12.4 269.6 182.5 78.7 49.4 21.5 32.9 179.0 4.5 51.8 21.4 13.1 3.5 3.5 3.4 3.9 3.8 3.8 3.6 3.6 3.8 3.9 3.7 239.1 239.5 240.7 241.7 243.4 242.7 242.9 244.9 245.9 243.4 249.4 T r 273. 8 185 3 r 81.6 r 49.3 r r r 21.6 32 8 181. 9 4.5 r 53.4 21.4 r 12.9 275 8 187 0 82.7 49.5 21 8 33 0 183.6 4.6 53 6 21.4 13 0 3.7 3.8 253.0 255.2 NEW PLANT AND EQUIPMENT EXPENDITURES* 7,421 All industries, quarterly total .. mil. of dol «• 6, 913 6, 228 6,420 Manufacturing do »-3 264 2,742 3 335 2 934 208 244 Mining do 201 220 362 432 Railroads do 290 381 Transportation, other than rail do 361 344 310 378 1 117 Public utilities do 847 957 970 Commercial and other do 1,949 1,708 1,713 1,715 r Revised. fRevised series. Quarterly estimates of national income and product and quarterly and monthly estimates of personal income have been revised beginning 1949; see pp. 29-31 of the July 1952 SURVEY for the data. (^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. OData through 1951 represent employee contributions only; thereafter, personal contributions of self-employed persons are also included. {Revised beginning 1939. For revised annual data for 1939-51 and for quarterly data beginning 1947, see pp. 20 and 21 of the August 1952 SURVEY. , S-l