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SURVEY OF CURRKXT BUSINESS
Table 1.—National Income by Type of Income (1-8, 1-9)
[ Billions of dollars]
1961

December 1962

Table 3.—National Income by Corporate and Noncorporate Form
of Organization (1-14)
[Billions of dollars]

1962
1961

1959

19(50

1901

III

IV

I

II

1959

19o()

1961

Seasonally adjusted at annual
rates
National income

400.5 415.5 427.8 431.3 444.0 448.9

Compensation of employees

258. 5 271. 3 278. 8 281. 0 280. 1 289. 9 295. 9
213. 1 222. 9 227. 0 228. 8 232. 5 235. 0 240.1
9.9 10.2 10.0 10.8 11.2 11.2
9.9
35. 4 38. 5 41. (] 42.2 42.8 43.7 44.6

Wages and salaries
Private
Militarv
Government civilian

;

.,

278.5 293. 7 302. 2 304. 5 309. 9 315.2 321. 7

Supplements to wages and salaries _
Employer contributions for social
insurance
Other labor income
Km plover contributions to private pension and welfare
funds. .. . ...
...
Other

Bu^ine^s and professional
Income of unincorporated enterprises
I n v e n t o r y valuation adjustment...
Farm
. ...

297.8
241.4
10.9
45. 5

20.1

22. 4

23. 4

23. 5

23. 8

25 2

25. 8

25. 9

9 7
10.4

11 4
11.0

12 0
11.4

12 1
11.4

12 2
11.6

13.3
12.0

13.4
12.3

13. 5
12.4

8.2
2 2

8.0
2 4

9.0
2 4

46.2

47.8

48.1

49.5

49.1

49.5

49.7

35. 1

34.2

34.8

1962

III

IV

I

II

III

Seasonally adjusted at annual
rates

459.8
323. 8

46.5

Proprietors' income

i

III

National income

.

400.5 415.5 427.8 431. 3 444.0 448.9 456.7

459.8

Income originating in corporate business
220.8 227.4 230.0 232. 1 240.2 242. 3 247.1

248.1

Compensation of employees
174. 5 183.1 185. 8 187. 2 190. 5 193. 5 197. 8
Wages and salaries
160.4 167. 5 169.7 171.1 174.1 176. 0 179.9
Supplements to wages and
salaries
14.1 15. 6 16.0 16.1 16.4 17. 5 17.9
Corporate profits and l inventory
valuation adjustment
Profits before tax l
Profits tax liability
Profits after tax *
Inventory valuation adjustment

45.4
45.9
23.2
22.7

198.4
180.4

17.9

36.0

36.2

36.8

37. 0

35 2
-. 1
11.4

34 2
()
12.0

34 7
.0
13. 1

13.1

13.6

12.9

12.8

Rental income of persons _

11.9

11.9

12.3

12. 3

12.5

12.6

12.8

12.9

47.2

45.6

45. 5

46.0

51.1

50. 4

50.7

45. 0 4(i.3
92 3 99 (\
23. 3 ! 23. 7
15.0 ! 14.9
X.M
H.7

51. 4
25. 1
26. 3
15. 5
10. 8

50. 1
24.4
25 6
In! 8
9. 9

50. 9
24. 9
20. 1
15.8
10.3

51. 1
24. 9
20. I
15. 8
10. o

.OJ-.3

-j

.3

21.0

21.5

22.0 ;

48.7
49.0
25. 1
23.9

47.8
47.5
24.4
23.0

48.3
48.5
24.9
23.6

48.7
48.8
24.9
23.9

—.5

.2

.0

-.3

-.3

. 3

_ 2

-.1

.9

.6

.9

.9

1.0

1.0

1.0

1.0

211.7

Net interest . . .

51.0

45. 4

43.9
44.2
22.6
21.6

12.8

Corporate profits and inventory valuation adjustment

43.3
43.4
22. 3
21.1

Income originating outside corporate
business
179.7 188.0 197.8 199. 2 203. 8 206. 5 209.6

35. 1

43.7
43.6
22.4
21. 1

22.5

P r o f i t s before tax
Profits t a x liability
P r o f i t s ;ifter tax
Dividends
U n d i s t r i b u t e d profits

23 2

99 4

ft?
10. S

23. 0
14.4
8. 0

I n v e n t o r y \aluation adjustment
Net in teres t

16.4

18.1

20,0

20.3

1. Kxcludes corporate profits originating in the rest of the world sector.

Table 4.—Sources and Uses of Gross Saving (V-2)
[Billions of dollars]

—.1

1959 I 1900 ; 1961

III

i IV

'

!

I

II

III

Seasonally adjusted at annual
rates
Gross private saving
Personal saving
rndistributed corporate profits
Corporate inventory valuation
adjustment
Capital consumption allowance
Excess of wage accruals over disbursements

74.9

72.9

79.2

80.4

83.5

82.5

84.5

84.0

23. 6
10.8

20. 9
8.6

25. 6
8.3

26.3
8.7

26. 5
10.8

25. 4
9.9

26.9
10.3

26. 0
10.3

?j
41 ! 0

2
43! 2

0
45. 3

— 3
45.7

-.3
46. 6

o

47! o

2
47. 5

1
47.8

.0

.0

.0

.0

.0

.0

.0

.0

4.2 -4.4 -3.6 -2.9 -3.3 -1.1

-2.4

__7
— .4

-.9
— 1.4

Government surplus on income and
product transactions
-1.5
Federal
State and local

3.8 -3.8 -3.3 -1.3 -2.4
. 4 — . 6 -.3 — 1.0 — . 8

70.4

73.7

71.7

73 8

78.8

77.,

79.4

77.0

Gross private domestic investment.. 72 7
—2.3
Xet foreign investment

72.4
1.3

69. 3
2.4

72.4
L3

76. 0
2.2

75. 9
2.0

77.4
2.0

76.3
.7

Gross investment
Table 2.—National Income by I n d u s t r y Division (1-11)
[Billions of dollars]

-1.1
— .3

Statistical discrepancy

-3.0 -3.4 -3.1 -3.1 -1.9

-1.4 -4.0

-4.6

Table 5.—Corporate Profits (Before Tax) and Inventory Valuation
Adjustment, by Broad Industry Groups (VI-10)
[Billions of dollars]
All industries, total

1902

1901

A g r i c u l t u r e , forestry, and fisheries

1959

Manufacturing,
.Durable-goods industries
Xondurable-goods industries

1960

1961

__

Transportation
C o m m u n i c a t i o n s and public utilities.
Services.
G o v e r n m e n t and government enterprises
..




IV

I

II

III

Seasonally ad Justin I at annual
rates

\\ holesale and retail trade
Finance, insurance, and real estate

III

Al' industries, total
Manufacturing
I )urat)le-goods industries
Xondurahle-goods industries
Transportation, communications, and
public utilit ies
All other industries

47.2

45. 6

45.5 | 46.0

51.1 50.4

50.7

51.0

25. 4

24. 0

23. 5 j 24. 0

27. 5

27. 0

27. 1

28.1

13.4
11.9

12.2
11.8

11.7
11.7

12. 1 14.9 ! 14.2
11.9 12.0 ! 12. S

14. 3
12.8

15. 3
12.8

0. 7

7.0

7. 4

7. 5

15. 1

14.6

14.7

14.5

;

;

8. 0 ; S. 1

15.0

15.4

8.0

7.9

15. 7

14.9

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

1959

I960 | 1961

1959
III

Annual total

1961

1960
IV

I

II

III

IV

II

I

1962

| III

I

IV

II

III

Seasonally adjusted quarterly totals at annual i ates

GENERAL BUSINESS INDICATORS—Quarterly Series
NATIONAL INCOME AND PRODUCTf
bil. $__

Wages and salaries, total

415.5

427. 8

400.6

403.9

413.9

417.2

416.6

414.4

411.8

424. 3

431.3

444.0

448.9

456.7

459.8

278. 5

293.7

302.2

280.2

283.0

290.6

294.6

295.8

293.9

294. 1

300.2

304.5

309.9

315.2

321.7

323.8

do

Compensation of employees, total.

400.5

do

National income, totalt

258. 5
213 1
9 9
35. 4
20.1
46.5
35.1
11.4
11.9

271.3
"2 9
9.9
38.5
22.4
46.2
34.2
12.0
11.9

278.8
227. 0
10.2
41.6
23.4
47.8
34.8
13.1
12.3

259.9
214.4
9.9
35.7
20.3
46.0
35.4
10.6
11.9

262.5
216.5
9.8
36.1
20.6
45.9
35.1
10.8
11.9

268. 5
221.6
9.8
37.1
22.0
45.2
34.5
10.7
11.9

272.2
224.4
9.8
38.0
22.3
46.9
34.5
12.4
11.9

273. 3
224. 2
9.9
39.1
22.5
46.3
34.1
12.2
11.9

271.3
221.6
10.0
39.7
22.6
46.5
33.8
12.7
12.0

271. 2
220.8
10.0
40.4
22.9
46.5
33.7
12.8
12.0

276.9
225 8
10.0
41.2
23.2
47.2
34.5
12.7
12. 2

281.0
228 8
10. 0
42 2
23.5
48.1
35.1
13.1
12.3

286.1
232 5
10 8
42.8
23. 8
49 5
36.0
13.6
12.5

289.9
235 0
11 2
43.7
25.2
49 1
36.2
12.9
12.6

295. 9
240. 1
11.2
44.6
25.8
49. 5
36.8
12.8
12.8

297.8
241 4
10.9
45.5
25.9
49.7
37.0
12.8
12.9

Military
do
Government civilian
do
Supplements to wages and salaries
do
Proprietors' income, totalo"
do
Business and professionalcf
do
Farm
do
Rental income of persons _..do
Corporate profits and inventory valuation adjustment total
bil. $

47.2

45.6

45.5

46.1

46.0

48.6

46.2

44.4

43.3

40.1

45.0

46.0

51.1

50 4

50 7

51.0

47.7
23 2
24.5
13.7
10.8

45.4
22 4
23.0
14.4
8.6

45.6
22.3
23.3
15.0
8.3

o

45.3
22.0
23.3
14.2
9.0
7

49.2
24.3
24.9
14.3
10.6
— 6

46.4
22.9
23.5
14.2
9.2

9

46.5
22 6
23.9
14.1
9.8
5

— 9

43.3
21.4
21.9
14.4
7.5
12

42.8
21 1
21.7
14.5
7.1
5

39.8
19 4
20.3
14.7
5.6
3

44.8
21 9
22.9
14.8
8.1
2

46.3
22 6
23.7
14.9
8.7
— 3

51.4
25 1
26.3
15.5
10.8
_ 3

50.1
24 4
25. 6
15.8
9.9
3

50.9
24 9
26.1
15.8
10.3
— 2

51.1
24 9
26.1
15.8
10.3
— i

do

16 4

18.1

20.0

16.4

17.0

17.6

17.7

18.2

18.8

19.1

19 8

20.3

21 0

21 5

22.0

22.5

do

482 7

503.4

518.7

482. 7

488.5

501.7

504. 8

503.7

503.3

500.8

513 1

522.3

538 6

545 0

552.0

555.3

Personal consumption expenditures, total.. do

313.5

328. 5

338.1

316.7

318.8

323. 9

329. 9

329.8

330. 5

330.5

335. 5

340.1

346.1

350.2

354.9

358.2

Du r able goods total 0
do
Automobiles and parts
do
Furniture and household equipment -.do
Nondurable goods, total 0
do
Clothing and shoes
_._
__.
do
Food and alcoholic beverages
do
Gasoline and oil _
_
do
Services, total 0
do
Household operation
_
do

44 8
18 8
19.1
151 8
28.1
79.5
11 7
131 9
19 6
41 8
10 7

43 7
17.2
19.3
155. 2
28.6
81.1
11.9
139 1
20. 6
43.9
11 1

44 9
18.9
19.2
147.7
27.7
77.4
11.3
124 0
18 2
39. 9
10 2

43 1
16. 9
19.3
148.9
27.8
78.3
11.3
126 8
18 8
40.3
10 5

45 1
19 0
19.3
150 0
28.1
78.5
11 5
198 9
19 2
40 9
10 6

45 8
19 5
19.2
152 6
28.3
79. 9
11 6
131 5
19 6
41 7
10 6

44 5
18 3
19.1
152 5
28.4
79. 5
11 7
132 8
19 7
42 2
10 6

44 0
18 3
18.7
152 3
27 8
80.2
11 9
134 2
20 0
42 6
10 7

40 8
15 4
18.4
153 5
28 1
80.3
11 9
136 2
20 2
43 1
10 9

43 5
16 9
19 2
153 9
?8 0
80.6
11 7
138 0
20 6
43 6
10 9

44 0
16 9
19 7
156 2
29 0
81.5
11 9
139 9
20 7
44 1
11 1

46 6
19 4
19 8
157 9
9
92
82.1

do
do

43 6
18 1
18.9
147 1
27.5
77.7
11 1
1?2 8
18 1
39 6
10 0

46 3
19 1
19 7
159 9
29 8
83.7
12 1
144 1
9
13
45 ?
11 5

47 2
20.3
19.3
161 3
29.8
84.2
12.3
146 3
21.8
45.7
11 5

47 1
19 3
20.1
163 0
30.3
85. 3
12 5
148 1
21.9
46 2
11 6

Gross private domestic investment, total

do

72.7

72.4

69.3

68.8

73.2

79.1

73.5

70.3

66.5

60.1

New construction
Residential nonfarm .
_ ._
Producers' durable equipment
Change in business inventories
Nonfarm _ _
_

do
do
do
do
do

40 2
22.3
25 9
6 6
6 5

40 7
21.1
27 6
4 i
3.7

41.6
21.0
25 5
21
1.9

41 0
22.6
26 6
1i
1.1

39 6
21.3
26 4
71
7.0

40
21
27
10
10

40
21
28
4
4

7
2
4
4
1

40 5
21 0
27 7
2 1
17

40 7
20 5
26 8
—1 1
—1 5

do
do
do

— 8
22.9
23 6

2 9
26.4
23 5

4 0
27.3
23.3

— 5
23.8
24 3

0
23.8
23 9

14
25.3
23 9

2 4
26.5
24 2

2 8
26.5
°3 6

Govt. purchases of goods and services, totaL.do
Federal (less Government sales)
do
National defense 9
do
State and local
_
do

97.2
53.6
46.2
43 6

99.7
53.2
45.7
46 5

107.4
57.0
49.0
50 4

97.8
54.0
46.4
43 8

96.5
52.8
46.1
43 7

97.2
52.5
45.4
44 7

99.0
53.1
45.8
45 9

476.1
244.0
91 5
152.5
175 8
56 3

499 4
254.1
95 0
159. 2
188 6
56 7

516.6
257.2
94 0
163.3
200 7
58 6

481 5
247.0
93 1
153.9
177 6
56 9

481.4
245. 7
91 9
153.8
181 3
54 4

490 8
251.3
94 0
157.3
183 8
55 8

6.6
35
3.1

4 1
2 3
1.8

21

1i
—2 0
3.'l

71
26
4^5

10 8
86
2^2

Corporate profits before tax, total

do

Corporate profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment

do
do
do
do

__

Net interest

-

Gross national product, totalt

Housing
Transportation

_

Net exports of goods and services
Exports
Imports ._

By major type of product:*!
Final sales, total
._
Goods output, total _ _
Durable goods
Nondurable goods
Services
Construction

-_

___.

Inventory change, total ._
Durable goods
Nondurable goods

do
__do
do
do
do
do
do_.
do
do

o

2.1

r
Revised.
f, Devised series. Estimates of national income and product and personal
Re vised
__.
income have been revised back to 1959; revisions prior to May 1961 for personal income appear
on p. 13 of the July 1962 STRVEY,
^Includes inventory valuation adjustment.
0In-




9
5
4
8
6

r> i

14°
21
44
11

3
0
8
4

67.6

72.4

76.6

75.9

77.4

76.3

3
0
4
6
9

41 0
20 1
24 6
21
18

42
21
25
4
3

43
22
27
6
5

41
21
27
6
6

6
2
6
7
6

44 5
23.3
28 9
4 0
3.9

46 1
24 3
29 2
10
10

4 9
27.2
22 3

5 3
27.4
22 2

4 0
26.4
22 4

2 8
26.9
24 1

38
28.3
24 5

3 7
28.2
24 5

3 7
29.0
25 3

2 5
28.3
25 8

100.8
53.6
45.7
47 2

101.4
53.6
45.8
47 8

104.8
55.4
47.7
40 4

106.0
56.6
49.0
49 4

106.9
56.5
48.4
50 4

112.1
59. 5
50. 8
59 6

115.2
61.9
53.0
53 3

116.0
62.1
53.2
54 0

118.2
62.7
54. 0
55 5

500 4
256 2
96 9
159.3
187 7
56 4

501 5
254 9
94 8
160.1
189 9
56 8

504 4
254 1
94 2
160.0
193 1
57 ?

504 4
251 6
90 2
161.4
195 9
56 8

511 0
254 4
92 6
161.8
199 0
57 5

518 3
257 8
94 3
163.5
201 3
59 2

S39 6
265 0
98 8
166.3
206 6
61 0

538 3
268 2
99 9
168.4
211 1
59 0

547 9
272 6
102 6
170.0
213 5
61 8

554 2
274 7
103 0
171.7
215 9
63 6

4 4
2 8
1.6

21
10

—1 1
—3 3
2.2

—3 6
—5 5
L9

21
—1 3
3.4

4 0
3 4
.6

6 0
3 5
2. 5

6 7
3 5
3.1

4 0
19
2! 2

10
19
-.9

i!i

39
19
24
—3
—3

6
9
8
0
8

2
8
4
0
9

eludes data not shown separately.
9 Government sales are not deducted.
data back to 1947, see p. 35 of the July 1962 SURVEY.

*For quarterly

s-1

SURVEY OF CURRENT BUSINESS

S-2

1959 1 1960 1 1961

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

Annual total

1961

1960

I

11

December 1002

III

IV

II

I

1962

III

IV

1963

III

II

1

I

IV

GENERAL BUSINESS INDICATORS—Quarterly Series—Continued
!

NATIONAL INCOME AND PRODUCT— Con.t
Quarterly Data Seasonally Adjusted at Annual Rates
GNP in constant (1954) dollars
bil. $_

Personal consumption expenditures, total
Durable goods
Nondurable goods
Service5*

-

428. 6

440.2

447.9

440.9

442.3

439.7

437.7

433. 9

443.9

450.4

463.4

467. 4

470.8

471.6

do

288.9

298. 3

304.3

295. 6

299. 7

299.1

298.8

298. 2

302. 5

306.0

310. 6

313. 9

316.9

319. 0

do
do
do

Gross national product, totalt

41.0
138. 7
109.2

42. 2
141.4
114.7

41.6
143.3
119.4

42.4
140.6
112.6

43.0
142.3
114.5

41.8
141.9
115. 4

41.8
140.7
116.3

39.0
141.5
117.7

41.3
142.3
118.8

41.7
144.4
120 0

44.4
144.9
121.4

44.1
147.0
122. 8

44.6
148.1
124. 1

44.6
149.5
125. 0

_

do

61.7

60.7

57.8

66.7

61.5

58.6

55 8

50 0

56 5

60 4

64 1

63 3

64.1

62 4

New construction
Producers' durable equipment
Change in bu^ines^ inventories

do
do
do

34.4
21.4

34.3
22.7

34.8
21.1

3.7

2.0

34.2
23.3
4.0

34.0
22.7
1.9

34.3
22. 2

33.0
20. 1
-3.0

34.3
20 2
2.0

35 6
21.3
3 5

36.1
22.7
5.4

34.6
22. 8
5.9

36.7
23.8

5.9

34.6
22.6
9.6

3.7

37.7
24.0
.8

Met exports of goods and services

do

-2.1

1.5

1.8

.2

1.0

1.5

3.3

3.5

1.7

1 4

1.3

.7

-.3

Government purchases of goods and services, total
bil $
Federal
do
State and local
do

80.1
43.9
36.2

79.8
42.3
37.4

84.0
44.5
39.4

78.4
42.0
36.4

80.0
42.9
37.1

80.5
42.7
37.8

79.9
41.8
38.1

82 2
42. 9
39. 2

83 3
44.4
38.9

83 3
44 1
39 2

87 °
46 7
40.5

88 9
48.3
40. 6

89.2
48.6
40.6

90 5
49. 0
41.5

DISPOSITION OF PERSONAL INCOMEf
Quarterly Data Seasonally Adjusted at Annual Rate*
Personal income total
hil $
T/e*^* Personal tax and nontax payment 5 *
do
Kquals' Disposable personal income
do

383. 1)
46.8
337. 1

400. 8
51.4
349.4

416. 4
52. 8
363. 6

395. 4
51.4
344.0

401.4
51.9
349. 6

403. 1
51.4
351. 7

403. 7
50. 9
35°. 7

405. 4
51 0
354. 3

413. 5
52 5
361 0

419 4
53 0
366 3

427 3
54 6
37'? 6

432. 0
56 4
375 6

439. 5
57. 7
3S1.8

442.6 '
58 5 i
384. 1

23.6

20. 9

25. 6

20. 1

19.7

22.0

99 9

23.8

25. 5

26 5

25 4

26. 9

26. 0

Gro^s private domestic investment total

Personal savin ^ §
do
NEW PLANT AND EQUIPMENT
EXPENDITURES
Unadjusted quarterly totals or averages:
A 11 industries
bil. $ .
Manufacturing
Durable goods Industries
Nondurable goods industries

_

Mining
Railroads
Transportation, other than rail
Public utilHIos
Commercial and other

9

6 3

!
i

8.14

8.59

7.89

9. 28

8.98

9. 53

7.57

8.61

8.65

9.54

is. 02

9.50

'9.62 j i " 10.28

3.62
1.80
1.82

3.42
1.57
1.85

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

3.31
1.50
1.84

3.88
1.79
2.09

3.14
1.44
1 . 69

3.69
1.77
1.92

r 3. 72

r 4. 2fi

3. 33

rl.79

r 2 . 15

1. f;7

2.11

1. 76

.23
.51

do
do
..do
do
do

8.92

3.02
1.44
1.57

do .
do ...
do

.25
.26
.48

.24
.17
.46
1.38
2.92

. 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
1.50
2.94

.26
. 16
.50
1.54
3.20

.26
. 16
.47
1 . 06
2. 94

1.37
3.30

1.42
2.72

1.42
2.89

'1.93

t

r

.28
30
24
r 21
. 50 ! f . 48
1. 54
r i 5Q
r
3. 35
3 53

T

. 26

r

.60

r
r

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

do

35.15

36.30

35. 90

35 50

33 85

33 50

34 70

35 40

35 70

36 Q5

r 3£ 35

Manufacturing
Durable goods industries
NondurableCToodsindustries

do
do
do

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

14 00
6* 40
7 60

14 20
6 55
7.60

14 45
6 95
7 50

r

1.00

1.05

2 00

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 go
11.05

1,00
.65
1 90
5 65
11 85

1.00
.60
1 95
5 55
12 35

1.15
. 70
° 05
5 1'
12 45

o oe

11.35

'> 15
5 70
11.60

5 40
12 85

4. 780

4.790

4,800 !..

8. 093

8.282

4 032
* 746
\ 450
< 223
1.059

4 130 '
730
1 473
291 ;
1.118 !

Mining_.
Railroads.-

___

do
do_ _

__

Public utilities
do
Commercial and other
do
BUSINESS POPULATION
Firms in operation, end of quarter (seasonally adjusted)
-_thous._

3

4, 583

'* 4. 65S

3 4. 713

4, 690

4, 710

4. 720

4, 730

4,740

4, 750

4. 760

4. 770

U.S. BALANCE OF INTERNATIONAL
PAYMENTS!
Quarterly Data are Seasonally Adjusted
IT. S1.. payments, recorded
mil. $.. 29, 548

31,317

31, 805

7, 549

7, 690

8, 000

8. 078

7, 690

7,411

8, 082

8. 622

14,514
2, 947
5. 462
878
4, 051

3. 801
771
1.347
204
768

3, 836
758
1, 375
205
833

3, 664
797
1, 368
211
826

3, 422
1, 327
222
978

3. 369
770
1, 309
221
962

3,417
756
1, 337
221
804

3,840
699
1,388
216
1,094

3 888
722
1.428
220
1,191

658
324
236
98

683
271
209
203

1,134
415
170
549

1. 407
684
235
488

1, 059
457
120
482

876
269
218
389

845
429
194
222

1.173
320
474
379

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

...

Tj.S. private capital
Direct investments
Long-term portfolio
Short-term
U.S. receipts, recorded
Exports:
Merchandise
Services and military sales
Repayments on U.S. Govt. loans
Foreign capital other than liquid funds

do
do
do__
...do .._
do

15,310
3, 107
4. 925
791
3, 040

14,723
3, 048
5,417

do .
_ _ _ _ d o ._.
do
_do__

2, 375
1.372
920

3, 882
1, 694

3, 405

3 920
752
I 390
234
' 1,040

11

1,338

_._do

25.. 393

27, 984

29, 946

6, 865

7,055

7, 002

7. 062

7. 400

7,953

6. 979

7. 614

r

do
do
do
do

16, 282
7,194
1, 054

19, 459
7, 554
636

19 915
8, 151
1,274
606

4 r,57
1. 827
170
211

4 876
1,909
147
123

4 940
1, 843
172
47

4 98(]
1. 975
147
-46

5 061
2^008
133
198

4 768
2! 060
851
274

4 940
1, 951
81
/

5 146
2,132
209
127

r

-4, 155 -3, 333 -1,859

-684

-635

-998

-140

— 159

—297

-775

-1,157

-1,313

K xcess of recorded receipts or payments ( — ) _ . _do
do

Total, net receipts (+) or payments (— )

do
.do

863

412

850

335

-592

-602

-3, 743 -3, 925 -2,461
335

-524

129

4

-680

-290
29

-319

-444

-80

Total, excluding special transactions
do
-4,078 -3, 401 —2, 590
-680 ' -695
r
Revised.
? Preliminary.
1
Estimates for Oct.-Dec. 1962 based on anticipated capital expenditures of business.
2
Estimates for Jan.-Mar. 1963 based 011 anticipated capital expenditures of business.
Anticipated expenditures for the year 1962 are as follows (in bil. $): All industries, 37.41;
manufacturing, total, 14.80; durable goods industries, 7.15; nondurable goods industries,

7.65; mining, l.ll; railroads, .86; transportation, 2.04; public utilities, 5.47; commercial and
http://fraser.stlouisfed.org/
other, 13.13.
3
Federal Reserve Unadjusted. Louis
Bank of St. Data represent firms in operation as of Jan. 1; estimate for Jan. 1, 1962

-1.016

-1,157

-869

542 -1,103 -1,008

—366
176
724

-319

-548

193

-910
-75

-835

r
T

-520
-888

947
230
397
320

7.685
fj Qg3

2. 189
r
143
4
290

r

r
r

r
583
' 400
r 284

r

101

f

8, 001

106
r

—492

100

2, 326
'220
' 116

T

92

r

lr 3g 35

2 37 ~Q
14 95
7 TO
7 ^"

r 7 gQ i

r

1. 10

r

7 75

1. 00

r . 80

1. 15
. 70

r 13 4Q 1

]'-! 70

13 ^)

r

1. 15

610 '
300 i
137
173

8,057

2, 200 .
616
71 | .
1
-225 .. .

134

494

' -226

' -719

r

76

'">f,
17
, 40
1 Q7
3 2fi

15 05 i r 1 5 "0

c QOQ

r

r

' -598

400

-1.408

8. 283

r

3,953
1,475
1, 006
1,472

Unrecorded transactions.

Major special transactions

842

r

1.05
.05

28.4s

473 ..

' -592 ' -302 -1,192

j

__

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