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BUSINESS STATISTICS
A HE STATISTICS here update series published in the 1961 edition of BUSINESS STATISTICS, biennial Statistical Supplement to the SURVEY
OF CURRENT BUSINESS. That volume (price $2.00) contains data by months, or quarters, for the years 1957 through 1960 (1951-60, for major
quarterly series) and averages of monthly or quarterly data for all years back to 1939; it also provides a description of each series and references
to sources of earlier figures. Series added or significantly revised after the 1961 BUSINESS STATISTICS went to press are indicated by an asterisk
(*) and a dagger (f), respectively; certain revisions for 1960 issued too late for inclusion in the aforementioned volume appear in the monthly
SURVEY beginning with the July 1961 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 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

1958

1959

1960

IV

Annual to a I

1959

1958

1

II

Ui 60

III

IV

I

II

1961
III

IV

I

II

III

IV

Seasonally adjusted f uarterly totals at annual rates

GENERAL BUSINESS INDICATORS—Quarterly Series
NATIONAL INCOME AND PRODUCT
bil $

Wages and salaries, total
Private
Militarv
Government civilian... _ __ .

399 6

417. 1

381. 7

390. 7

405.2

399. 4

402. 8

413.5

419.2

419.0

416.5

412.2

426.0

434. 3

257. 1

278. 4

293. 7

263.7

270. 6

280. 0

280. 5

282. 4

290. 2

294.6

296. 0

294. 0

292. 6

300. 2

306. 2

239. 8
196. 6
9.8
33. 5

258.5
213.2
9.9
35. 4

271.3
223. 1)
9.9
38.5

245. 8
201. 5
9.9
34.4

251.4
206. 7
9.9
34.8

260. 1
215.0
9.9
35.3

260. 3
214.8
9.9
35.7

261.9
216. 0
9.8
36.1

268. 3
221. 4
9.8
37.1

272.4
224. 6
9.8
38. 0

273.2
224.2
9.9
39.1

271.3
221.6
10. 0
39.7

270.1
219. 7
10.1
40. 3

277.3
226.0
10.1
41.2

282.7
230.7
10.2
41.9

do

Compensation of employees, total

367. 4

do

National income, total

17 3

•>0 ()

'>2 4

17 8

19 2

19 9

20.2

20 5

21.9

22 2

22 7

22.7

22.5

22 9

23 4

do
- -do
do
do
adjustbil $

46.1
32.5
13.5
12.2

46.3
35. 0
11.3
11.9

48.2
36.2
12. 0
11.7

46. 5
33.5
12.9
12. 1

46. 6
34.1
12.5
12.0

46.7
35.2
11.5
11.9

45.9
35.3
10. 6
11.8

46.1
35.3
10.8
11.7

46.3
35.8
10.5
11.7

48.6
36.4
12.3
11.7

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

49.4
36. 6
12.8
11 5

do
_do..
do
__ _ _do

Supplements to wages and salaries
Proprietors' income, totaled
Business and professionalc?
-Farm
..
Rental income of persons
Corporate profits and inventory valuation
ment, total
Corporate profits before tax, total
Corporate profits tax liabilitv_ .
Corporate profits after tax
Inventory valuation adjustment

do
do
do
do

37.2

46.4

45. 1

13.8

45. 3

50. 2

44.4

45. 5

47.4

45.9

44.1

42.9

40.0

45. 5

47.0

37.4
18.6
18.8

46.8
23.1
23.7
PJ

45. 0
22.3
22.7
.0

44.7
22.3
22.4
-.9

46. 1
22.8
23. 4
— .9

51.5
25.4
26.1
-1.3

44. 8
22.1
22. 7
-.4

44.9
22.1
22.7

48. 1
23.9
24.2

46.3
23.0
23. 3
-.4

43.2
21.4
21.7
.9

42.6
21.1
21.4
.3

39. 6
19.6
20. 0
.4

45. 2
22. 4
22.8
.3

47.2
23.3
23. 8

o

9

do

14.8

16.6

18.4

1 5. 6

16.2

16.4

16.7

17.0

17.8

18.3

18.6

18.9

19.2

19. 6

20 2

do

4J4 5

482 8

504 4

460 6

472. 2

488.5

482. 3

488 3

501. 5

506 4

505. 1

504. 5

500. 8

516 1

525 8

Personal consumption expenditures, total.. do

293.2

314. 0

328. 9

299. S

305. 8

313.6

316. 5

320. 0

323. 8

329. 9

329. 7

330. 7

336. 1

341.0

41.6
17.2
18.0

44.5
19.0
18.9

44.4
18.4
19. 2

43.7
17.6
19.3

44.7
18.8
19.1

45.3
19.3
19.0

43.4
17.8
18.7

43.8
18.6
18.3

39. 4
14.8
17.8

42. 0
16.7
18.3

42.3
16 4
18.8

Net interest
Gross national product total

37. 3
13. 9
17.4

43. f>
18.1
IS. 9

44. 3
18. 6
18.8

39. 5
15.6
17.8

do
do
do
do

141. 6
25.7
76.6
10.5

147.3
27.4
78.0
11.0

152.4
28. 1
80.1
11 .6

143. 2
26.2
76. 9
10. 6

144.9
26. 5
77.4
10. 7

147.3
27.8
78.1
1 0. 9

147.7

77.8
11.1

149. 3
27.8
78.7
11.1

150. 5
28. 1
78.9
11.4

153.3
28.3
80.6
11.6

152.7
28. 3
79.9
11.6

153.1
27.7
80.8
11.8

153. 7
27.9
81. 1
11.7

154.1
27. 6
81.4
11.7

156.2
28 6
81.9
11 8

do
do
do
do

114.3
16.9
37.7
9 2

123. 2
18. 1
39 9
10 0

132.2
19.6
42 2
10 5

1 17. 1
17.2
38. 5
9 4

1 19. 4
17.5
39.3
9 5

121.9
17.8
39.8
9 8

J24.4
18.2
40. 1
10 2

127. 0
18.9
40.5
10 2

1 28. 6
J9. 2
41. 1
10 4

131.2
19.5
41.9
10 5

133. 6
19.7
42.7
10 5

135.4
20.0
43. ]
10 5

137.5
20.6
43.6
10 5

139.9
20. 9
44 2
10 7

142
21
44
10

Durable goods, total®
do
Automobiles and parts.- . _ _
_ do
Furniture and household equipment. . -do
Nondurable goods, total®
Clothing and shoes
Food and alcoholic beverages
Gasoline and oil
Services, total®
Household operation
Housing
_
Transportation

_

_

4
2
8
9

Gross private domestic in vestment, total

do

56. 6

72.4

72.4

63. 6

70.4

79.1

68.2

71.8

78.9

74.6

70.5

65. 6

59.8

68.8

73.2

Xe w construction
Producers' durable equipment _ __
Change in business inventories

do
do
do

35.5
23.1
—2.0

40. 2
25.9
6 3

40. 7
27. 5
4 2

36. 9
23.4
3.3

39. 0
24. 3
7. 1

41.2
26. 3
11.7

41.0
26. 6
.7

39. 6
26. 6
5.6

40.9
27. 1
10 9

40. 7
28.6
5.4

40.4
27.7
2.4

40.7
26.7
— 1.9

39.6
24.2
—4.0

41.3
24.7
2 8

42.7
26 0
4 5

do
do
clo

1 2
•)') 7
21. 5

30
26 7
23. 6

4
22 7
22.3

22 1
22.7

—1 7
22 3
24.0

o

23 1
23. 8

24 0
24.5

24 1
24. 0

1 8
95 f>
23.9

2 3
26 7
24.4

30
26 8
23.8

51
27 6
22.4

5 3
27 6
22.3

39
26 4
22.5

25
27 o
24. 3

93. 5
52.6
44.8
40 8

97.1
53.5
46 2
43 6

100. 1
52.9
45 5
47 2

96.7
54.3
45 5
42 3

96. 7
53. 2
45.9
43 5

97.5
53.9
46.5
43 o

98. 1
54.1
46 3
44 0

96.5
52.9
45 9
43 6

96. 9
51.8
45 5
45 0

99. 6
52.9
45 5
46 8

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
W 6

109.0
57.4
49 0
51 6

44(5. 5
231.4
83 3
148.1
164. 2
50. 9

476.5
244.0
91 3
152.8
176. 2
56. 3

500. 2
254. 3
94 3
160 0
189.3
56 6

457.3
234. 3
84 0
150.2
169. 6
53 5

465. 2
238.3
88 1
150.2
170.7
56. 2

476. 8
244. 6
92 4
152.2
174.2
58.1

481.6
247.1
93 6
153. 5
177. 6
56 9

482.7
246. 1
90 9
155 1
182.2
54 4

490. 5
250. 9
93 1
157 8
183.8
55 8

501. 0
256. 9
96 3
160 6
187.7
56 4

502. 7
254. 8
94 2
160 6
191.2
56 7

506. 4
254.6
93 4
161 3
194. 6
57 °

504.8
249.7
87 4
162 3
197.9
57 2

513. 2
254. 3
91 2
163 0
201. 1
57 9

521.3
256 9
92 6
164 3
205.1
59 2

-2.0
-2.8
.9

6.3
3.6
2.6

4.2
2.5
1.8

3.3
1.4
1.9

7.1
5.4
1.7

11.7
8.8
2.9

-2.0
2.7

56
2.4
3.2

10 9
9.4
1.5

54
3.9
1.5

2.4
.4
2.0

—1 9
-3.8
2.0

—4.0
-5.8
1.8

2 8
-.3
3,2

4 5
3.5
1.0

Xet exports of goods and services
K \ports
Imports.

Government purchases of goods and services, total
bil. $
Federal (less Government sales)
do. .
National defense 9
do
State and local
do
.By major type of product:*
Final sales, total
Goods output, total
Durable goods output
Nondurable goods output.
Services
Construction
Inventory change, total
Durable goods output
Nondurable goods output

_

.do
do
do
. . do
__.do
_ do
do .
do
do

r

Revised. tf Includes inventory valuation adjustment.
8Includes data not shown separately.
9 Government sales are not deducted.
*For quarterly data back to 1947, see p. 34 of the July 1961 SURVEY.




S-i

SURVEY OF CURRENT BUSINESS

S-2
Unless otherwise stated, statistics through 1960
and descriptive notes are shown in the 1961
edition of BUSINESS STATISTICS

1958

1959

1960

Annual total

January lfW";2

1959

1958
I

IV

II

1961

1960
III

IV

I

III

II

IV

I

II

IV

III

GENERAL BUSINESS INDICATORS—Quarterly Series—Continued
NATIONAL INCOME AND PRODUCT Con.
Quarterly Data Seasonally Adjusted at Annual Rates
GNP in constant (1954) dollars
Gross national product, total
bil. $

440.8

413.6

422.1

434.4

426.6

430.7

441.0

443. 4

440.2

438.4

433.2

445 5

451 8

273.2

289. 3

298.3

278. 7

283. 8

289.7

290.8

292.8

295. 4

299. 5

298.6

299. 6

297.0

301.6

305 0

do
do _ _ _
do

Durable goods
Nondurable goods
Services
_

428.4

do

Personal consumption expenditures, total

401. 3

35. 5
133.3
104.4

41.0
138.8
109. 5

41.8
141.8
114.7

37 5
135. 2
106. 1

39 2
136.8
107. 7

41 7
139. 3
108.8

41 6
139.2
110.0

41 4
140. 0
111.4

42 1
140.9
112.4

42 5
142.9
114.2

40 8
142.0
115. 8

41 6
141.3
116.6

37 6
141.6
117.8

39 8
142.6
119.2

39 9
144. 5
120 6

do

49.0

61. 1

60. 6

54. 7

59 9

66 9

57 3

60 4

66. 6

62 3

58 6

54 9

49 6

57 3

60 4

do _
do
_.do

31.1
19.4
-1.5

34. 3
21.3
5. 5

33.9
29 7
4.0

32.1
19.5
3.1

35. 2
21.6
10. 1

34.7
21.7
.8

33.4
21.9
5.0

34.3
22.4
9.9

33.9
23.4
4.9

33.6
22.7
2.3

33.9
22.1
-1.1

32.9
19.9
-3.2

34.1
20 3
2 9

35 1
21 4
39

2 1

1 7

—1 1

33.7
20. 1
6. 2
<>

—3 2

—1 9

— 9

ft

1 0

1 6

3 5

33

1 9

p,

79.3
44.5
34.8

80. 1
43.9
36.2

80. 2
42.3
38.0

81.2
45.4
35.8

80. 7
44.2
36. 5

81.0
44.6
36.4

80.5
44.0
36. 5

78.4
42.7
35.8

78.4
41.7
36.7

8U. 6
42.7
37.8

81.3
42 9
38.4

80. 3
41.6
38.7

83.3
43.1
40.2

84.7
44 7
40.0

85 7
45 0
40 8

360. 3
42.3
317. 9

383. 3
40. 0
337.3

402. 2
50.4
351.8

368. 2
43.1
325. 0

374.7
44.9
329. 8

384.6
46.1
338. 4

385. 1
46.4
338.7

388. 9
46. 6
342.3

395. 5
49.9
345.7

403.1
50. 5
352.7

405. 1
50.8
354. 4

405. 4
50.5
354. 9

404 7
50. 3
354.3

413 2
51.4
361.8

420 3
52 5
367 7

24.7

23.4

22.9

25.2

23. 9

24.8

22.3

22,3

21.8

22.8

24.6

22.7

23.7

25 8

26 8

Gross private domestic investment total
New construction __
_
Producers' durable equipment
Change in business inventories.
Net expo r t y of goods and services

do

Government purchases of eoods and services, total
bil. $_.
Federal
do
State and local
__
do _
DISPOSITION OF PERSONAL INCOME
Quarterly Data Seasonally Adjusted at Annual Rates
Personal income total
bil $
L/ess: Personal tax and nontax payments
do
Equals: Disposable personal income _ _ _ do .
Personal savin ^ §
do
NEW PLANT AND EQUIPMENT
EXPENDITURES
Unadjusted quarterly totals or averages:
All industries. _ _ I
bil. $__

7.63

8.14

8.92

8. 01

6.91

8. 32

8.32

8.99

7.89

9.28

8.98

9.53

7.57

8.61

8.65

i 0. 07

Manufacturing.. _„
Durable goods industries
Nondurable goods industries

do
_ . _ do _
do ___

2.86
1.37
1.49

3.02
1.44
1.57

3. 62
1.80
1.82

2.93
1.38
1.56

2.40
1.14
1.31

3. 02
1.45
1.57

3.02
1.44
1.58

3.57
1.74
1.83

3.09
1.55
1.54

3.76
1.88
1 . 88

3.62
1. 80
1.81

4.01
1.95
2.06

3.00
1.41
1.59

3.46
1.58
1.88

3.34
1.50
1.84

3. 92
1. 7<*
2. 13

M in in?
Railroads _ .
Transportation, other than rail
Public utilities
Commercial and other

do
do. _.
do
do
do

.24
.19
.38
1.52
2.45

.25
.23
.51
1. 42
2.72

.25
.26
.48
1.42
2.89

.16
.41
1.72
2. 54

.16
.41
1.20
2.47

.24
.26
.53
1.47
2.79

.26
.28
.54
1.48
2.74

.27
.22
.55
1.51
2.87

.22
.25
.47
1.18
2. 69

27
.29
.55
1.42
2. 99

.25
.24
.47
1.50
2.90

24
.25
.46
1.58
2.99

21
.17
.41
1.09
2.69

26
.18
.48
1.39
2. 85

.25
.16 '.47 1
1. 50
2.91

. l'»
1 5H
3. 24

_ _

o-

} 6

Seas. adj. qtrly. totals at annual rates:
All industries

do

29.97

30.62

32. 51

33.35

33. 58

35.15

36. 30

35. 90

35. 50

33. 85

33.50

34. 70

Manufacturing
Durable goods industries
Nondurable goods industries

do
do
do

10.58
4 86

11 i20
5 :>6
5 94

11.80
5 74
6. 06

12 25
5 83
6.42

12.87
6 16
6. 71

14.10
7 15
6. 95

14. 70
7.40
7.30

14.65
7. 35
7.30

14. 40
6 85
7.55

13.75
6 50
7.25

13 50
6 20
7.30

13 65
6 10 '
7 55

97
. ;"8
1 962
6 6
9 96

.95
63
1 71
5 80
10 33

.94
1.00
2 08
5 8l)
10 87

1.01
1.28
2 17
5 58
11 06

1.04
.85
2 15
5 48
11 19

1.00
1.00
2 00
5 75
11 35

1.05
1.10
2.15
5 70
11 60

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

1.00
.70
1 80
5 50
11 05

1 00
65
1 90
5 65
11 85

4, 595

4,615

4. 635

4, 655

4,670

4,690

4. 710 ! 4. 725

4, 730

4, 740

4, 755

Mining
do
Railroads
do
Transportation other than rail
do
Public utilities
do
Commercial and other
do
BUSINESS POPULATION
Firms in operation, end of quarter (seasonally adjusted)
thous
U.S. BALANCE OF INTERNATIONAL
PAYMENTS?
Quarterly Data are Seasonally Adjusted
U S payments recorded
mil $

2 4, 533

2

4, 583

2

4, 660

1
'
;
I
!

31,412

7.118

7,034

7,474

7, 565

7,670

7, 567

7,690

7,941

8,214
'

7,768

7,330

8, 033

3.830
756
1.438
213
843

3.674
798
1.402
207
775

3,433
727
1.344
230
1,013

3.394
759
1,366
210
1,000

3.400
761
1,361
221
822

3,852
725
1,451
211
1,014

1, 467
684
244
539

1, 039
500
-20
559

765
330
320
115

780
413
138
229

7,107

7,447

7,987

7,049
4,945
2, 026
80
2

15,294
3,109
5,134
791
3. 040

14, 722
3,048
5, 557
848
3,381

3. 439
746
1.293
182
815

3.601
780
1.222
184
793

3, 861
789
1,272
187
741

3,974
786
1.303
214
746

3.858
754
1,337
206
760

3,785
767
1.373
198
750

U S private capital
Direct investments
Long-term portfolio
Short term

do
do
do
do

2,844
1.094
1,444
306

2, 375
1,372
926
77

3,856
1,694
850
1.312

643
316
318
9

454
337
206
89

624
347
280
-3

542
326
205
11

755
362
235
158

694
344
194
156

U.S. receipts, recorded.

do

23, 842

25, 472

28. 131

6, 002

6,109

6.137

6, 495

6.731

6,914

1,085
!
406
!
145
| 534
I
7.069 ! 7, 041

Exports:
Merchandise
Services and military sales
Repayments on U S Govt loans
Foreign capital other than liquid funds

do
do
do
do

16, 263
7.062
544
-27

1 6, 282
7,427
1,054
709

19, 409
7. 891
631
200

4. 020
1,807
146
'?9

3.866
1.819
307
117

3,924
1.793
158
262

4,299
1,856
159
181

4,193
1,959
430
149

4,650
1.915
168
181

4,837
1,991
148
93

4,927
1,927
170
17

4,995
2,058
145
-91

5,054
2,062
132
199

4,763
2.119
830
275

Excess of recorded receipts or payments ( — )

do

—925 —1,337 -1,070

-939

-653

-621

-900 -1,107

-321

657

Unrecorded transactions

do

._

do

Tv'lajor special transactions

do

Total, excluding snecial transactions

do

r

—3, 908 —4. 271 -3. 281 -1.116
380

528

-648

54

-3, 528 -3, 743 —3, 929 —1,062
335

-524

-3. 528 -4. 078 -3. 405 -1.062

-103

271

—668

610
260
267
83

-142

33

— 841 —1 061 —1,173

— 620

84

150

-991 1

Revised.
i Estimates for Oct.-Dec. 1961 based on anticipated capital expenditures of business;
estimates for Jan.-Mar. 1962 based on anticipated capital expenditures of business, anticipated
expenditures for the year 1961, and comparative data for 1959-60 appear on p. 6 of the DeDigitized for cember 1961 SURVEY.'
FRASER



fin

!

29, 743

12,951
3.412
4, 690
722
3, 131

..

1 Of!

: i <«i
• 70
i r> <;,r>

4,770

27, 750

do
do
do
do
do

._

14 (M'l
6 Ho

;
'

Imports:
Merchandise
Military expenditures
Other Services
Remittances and pensions
Govt grants and capital outflows

Total net receipts (-j-) or pavments ( — )

i 35. W

276

—100
-961 -1,173 i
2

-763

285

1

-953

-620 1

-212

-327

-25

—1,112 -1,434

-346

248

-346

-475 I

-80

-683 -1,112

—444
-990

-409

1

-984
125

-859

i

724

-784

Unadjusted. Data represent firms in operation as of Jan. 1; estimate for Jan. l t
(based on incomplete data) is 4,717,000.

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