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UNITED STATES DEPARTMENT OF COMMERCE/BUREAU OF ECONOMIC ANALYSIS
THE NATIONAL INCOME AND
PRODUCT ACCOUNTS OF THE
UNITED STATES, 1929-74
Statistical Tables
A SUPPLEMENT TO THE
SURVEY OF CURRENT BUSINESS
For sale by the
Superintendent of Documents
U.S. Government Printing Office
Washington, D.C. 20402
Price $4.95
Stock No. 003-010-00052-9
THE NATIONAL INCOME AND
PRODUCT ACCOUNTS OF THE
UNITED STATES, 1929-74
Statistical Tables
A Supplement to t h e
SURVEY OF CURRENT BUSINESS
U.S. DEPARTMENT OF COMMERCE
Elliot L Richardson, Secretary
Edward 0. Vetter, Under Secretary
John W. Kendrick, Chief Economist
for the Department of Commerce
BUREAU OF ECONOMIC ANALYSIS
George Jaszi, Director
CONTENTS
Introduction.
Definitions Underlying the National Income and Product Accounts
vii
Summary National Income and Product Accounts, 1974
xii
National Income and Product Tables
1.
1.1
1.2
1.3
1.8
THE NATIONAL INCOME AND
PRODUCT ACCOUNTS OF THE
UNITED STATES, 1929-74
Statistical Tables
1.9
Gross National Product Net National Product and National Income
Gross National Product: Annually and Seasonally Adjusted Quarterly Totals
at Annual Rates
Annually and quarterly, 1946-74
2
Annually, 1929-45
324
Gross National Product in Constant Dollars: Annually and Seasonally Adjusted
Quarterly Totals at Annual Rates
Annually, 1946-74
6
Quarterly, 1947-74
6
Annually, 1929-45
324
Gross National Product by Major Type of Product: Annually and Seasonally Adiusted
Quarterly Totals at Annual Rates
Annually, 1946-74
10
Quarterly, 1947-74
irj
Annually, 1929-45
325
Gross National Product by Major Type of Product and Purchaser:
Annually, 1947-74
12
Gross National Product by Major Type of Product in Constant Dollars: Annually
and Seasonally Adjusted Quarterly Totals at Annual Rates
Annually, 1946-74
14
Quarterly, 1947-74
14
Annually, 1929-45
325
Gross National Product by Major Type of Product and Purchaser in Constant
Dollars: Annually, 1947-74
16
Gross National Product by Sector and Industry: Annually and Seasonally Adjusted
Quarterly Totals at Annual Rates
Annually and quarterly, 1946-74
16
Annually, 1929-45
326
Gross National Product by Sector and Industry in Constant Dollars: Annually and
Seasonally Adjusted Quarterly Totals at Annual Rates
Annually, 1946-74
18
Quarterly, 1947-74
19
Annually, 1929-45
326
Relation of Gross National Product Net National Product National Income, and
Personal Income: Annually and Seasonally Adjusted Quarterly Totals
Annual Rates
Annually and quarterly, 1946-74
22
Annually, 1929-45
327
1.10 Relation of Gross National Product, Net National Product and National Income in
Constant Dollars: Annually and Seasonally Adjusted Quarterly Totals
at Annual Rates
Annually, 1946-74
Quarterly, 1947-74
Annually, 1929-45
1.11 Net National Product and National Income by Sector and Industry: Annually and
Seasonally Adjusted Quarterly Totals at Annual Rates
Annually and quarterly, 1946-74
Annually, 1929-45
1.12 Net National Product and National Income by Sector and Industry in Constant
Dollars: Annually and Seasonally Adjusted Quarterly Totals at Annual Rates
Annually, 1946-74
Quarterly. 1947-74
Annually, 1929-45
1.13 National Income by Type of Income: Annually and Seasonally Adjusted
Quarterly Totals at Annual Rates
Annually and quarterly, 1946-74
Annually, 1929-45
1.14 National Income by Sector, Legal Form of Organization, and Type of
Income: Annually
1946-74
1929-45
1.15 Gross Domestic Product of Corporate Business: Annually and Seasonally
Adjusted Quarterly Totals at Annual Rates
1.16
1.17
1.18
1.19
1.20
1.21
1.22
1.23
Annually and quarterly, 1946-74
Annually, 1929-45
Auto Output: Annually and Seasonally Adjusted Quarterly Totals at
Annual Rates, 1947-74
Auto Output in Constant Dollars: Annually and Seasonally Adjusted Quarterly
Totals at Annual Rates, 1947-74
Farm Output, Gross Product, and Income: Annually
1946-74
1929-45
Farm Output, Gross Product, and Income in Constant Dollars: Annually
1946-74
1929-45
Housing Output, Gross Product, and Income: Annually
1946-74
1929-45
Housing Output, Gross Product, and Income in Constant Dollars: Annually
1946-74
1929-45
Gross National Product: Quarterly Totals Not Seasonally Adjusted, 1946-74
Gross National Product Originating in Government Farm, and All Other Industries.
in Current and Constant Dollars: Annually, 1909-28
2.4
26
26
327
2.5
2.6
28
328
2.7
32
32
328
36
329
44
330
3.
3.1
3.2
46
331
52
56
3.3
3.4
58
332
60
332
60
333
62
333
62
Personal Consumption Expenditures by Major Type of Product in Constant
Dollars: Annually and Seasonally Adjusted Quarterly Totals at Annual Rates
Annually, 1946-74
82
Quarterly, 1947-74
82
Annually, 1929-45
335
Personal Consumption Expenditures by Major Type of Product: Quarterly
Totals Not Seasonally Adjusted, 1946-74
86
Personal Consumption Expenditures by Type of Expenditure: Annually
1946-74
88
1929-45
336
Personal Consumption Expenditures by Type of Product in Constant Dollars: Annually
1946-74
92
1929-45
338
3.5
3.6
3.7
3.8
64
3.9
Government Receipts and Expenditures
Government Receipts and Expenditures: Annually
1946-74
1929-45
Federal Government Receipts and Expenditures: Annually and Seasonally
Adjusted Quarterly Totals at Annual Rates
Annually and quarterly, 1946-74
Annually, 1929-45
Federal Government Receipts and Expenditures: Quarterly Totals Not
Seasonally Adjusted, 1946-74
State and Local Government Receipts and Expenditures: Annually and
Seasonally Adjusted Quarterly Totals at Annual Rates
Annually and quarterly, 1946-74
Annually, 1929-45
State and Local Government Receipts and Expenditures: Quarterly Totals
Not Seasonally Adjusted, 1946-74
Government Purchases of Goods and Services by Broad Function and Type:
Annually, 1952-74
Government Purchases of Goods and Services by Type: Annually and
Seasonally Adjusted Quarterly Totals at Annual Rates
Annually, 1946-74
Quarterly, 1947-74
Government Purchases of Goods and Services by Type in Constant Dollars:
Annually and Seasonally Adjusted Quarterly Totals at Annual Rates
Annually, 1946-74
Quarterly, 1947-74
Government Gross Fixed Capital Formation: Annually
1946-74
1929-45
94
339
96
340
104
108
341
116
118
118
118
120
122
124
342
3.10 Social Insurance Funds Receipts and Expenditures: Annually
1946-74
1929-45
2.
2.1
2.2
2.3
Personal Income and Outlay
3.11 Contributions for Social Insurance: Annually
1946-74
1929-45
Personal Income and Its Disposition: Annually and Seasonally Adjusted
Quarterly Totals at Annual Rates
Annually and quarterly, 1946-74
Annually, 1929-45
Personal Income: Annually and Seasonally Adjusted Monthly Totals at
Annual Rates, 1946-74
Personal Consumption Expenditures by Major Type of Product: Annually
and Seasonally Adjusted Quarterly Totals at Annual Rates
Annually and quarterly, 1946-74
Annually, 1929-45
124
342
126
343
3.12 Government Transfer Payments to Persons: Annually
66
334
74
79
335
1946-74
1929-45 ..,
3.13 Subsidies Less Current Surplus of Government Enterprises: Annually, 1960-74
3.14 Government Expenditures by Type of Function: Annually, 1952-74
128
343
128
130
3.15 Relation of Federal Government Receipts and Expenditures in the
National Income and Product Accounts to the:
A. Consolidated Cash Statement: Fiscal Years, 1952-67
B. Unified Budget: Fiscal Years, 1968-74
145
149
3.16 Relation of National Defense Purchases in the National Income and Product
Accounts to National Defense Outlays in the Unified Budget: Annually, 1960-74 . 152
3.17 Relation of Commodity Credit Corporation (CCC) Expenditures in the
National Income and Product Accounts to CCC Outlays in the Unified Budget:
Annually, 1960-74
152
3.18 Relation of State and Local Government Receipts and Expenditures in tne
National Income and Product Accounts to Bureau of Census Governmental
Finances Data: Fiscal Years, 1958-74
5.9
Inventories and Final Sales of Business: Seasonally Adjusted Quarterly
Totals, 1946-74
5.10 Inventories and Final Sales of Business in Constant Dollars: Seasonally
Adjusted Quarterly Totals, 1947-74
4.1
4.2
4.3
6.1
6.2
6.3
Foreign Transactions
Foreign Transactions in the National Income and Product Accounts: Annually
and Seasonally Adjusted Quarterly Totals at Annual Rates
Annually and quarterly, 1946-74
Annually, 1929-45
Foreign Transactions in the National Income and Product Accounts: Quarterly
Totals Not Seasonally Adjusted, 1946-74
Relation of Foreign Transactions in the National Income and Product
Accounts (NIPA's) to the Corresponding Items in the Balance of Payments
Accounts (BPA's): Annually, 1946-74
176
153
6.
4.
174
6.4
154
344
156
158
6.5
6.6
6.7
6.8
6.9
Product Income, and Employment by Industry
Gross National Product and Its Components by Industry: Annually, 1947-74
Gross National Product by Industry in Constant Dollars: Annually, 1947-74
National Income Without Capital Consumption Adjustment by Industry :
Annually, 1929-74
National Income Without Capital Consumption Adjustment by Industry:
Annually and Seasonally Adjusted Quarterly Totals at Annual Rates
Annually, 1929-74
Quarterly, 1946-74
Compensation of Employees by Industry: Annually, 1929-74
Wages and Salaries by Industry: Annually, 1929-74
Full-Time and Part-Time Employees by Industry: Annually, 1929-74
Full-Time Equivalent Employees by Industry: Annually, 1929-74
Wages and Salaries Per Full-Time Equivalent Employee by Industry:
Annually, 1929-74
178
184
186
190
190
194
198
202
206
210
6.10 Hours Worked by Full-Time and Part-Time Employees by Industry:
Annually, 1948-74
214
6.11 Hours Worked by Persons Engaged in Production by Industry: Annually, 1948-74... 216
5.
5.1
5.2
Saving and Investment
Gross Saving and Investment: Annually and Seasonally Adjusted Quarterly
Totals at Annual Rates
Annually and quarterly, 1946-74
Annually, 1929-45
Gross Private Domestic Investment, Capital Consumption Allowances With
Capital Consumption Adjustment, and Net Private Domestic Investment by Major
Type of Investment: Annually
1946-74
1929-45
5.3
222
224
226
228
232
240
244
248
252
256
260
168
347
7.
7.1
170
348
Change in Nonfarm Business Inventories by Legal Form of Organization and
by Industry: Annually
1946-74
1929-45
Implicit Price Deflators and Price Indexes
170
348
Private Purchases of Producers' Durable Equipment by Type in Constant
Dollars: Annually
1946-74
1929-45
5.8
220
166
346
Private Purchases of Producers' Durable Equipment by Type: Annually
1946-74
1929-45
5.7
216
218
Purchases of Structures by Type in Constant Dollars: Annually
1946-74
1929-45
5.6
164
345
Purchases of Structures by Type: Annually
1946-74
1929-45
5.5
162
345
Gross Private Domestic Investment, Capital Consumption Allowances With Capital
Consumption Adjustment, and Net Private Domestic Investment by Major Type of
Investment in Constant Dollars: Annually
1946-74
1929-45
5.4
158
344
6.12 Employer Contributions for Social Insurance by Industry: Annually, 1948-74
6.13 Other Labor Income by Industry and by Type: Annually, 1948-74
6.14 Nonfarm Proprietors' Income Without Inventory Valuation and Capital Consumption
Adjustments by Legal Form of Organization and Industry: Annually, 1929-74
6.15 Capital Consumption Allowances of Noncorporate Business by Legal Form
of Organization and Industry: Annually, 1929-74
6.16 Inventory Valuation Adjustment to Nonfarm Incomes by Legal Form of
Organization and Industry: Annually, 1929-74
6.17 Net Interest by Industry: Annually, 1929-74
6.18 Corporate Profits by Industry: Annually and Seasonally Adjusted Quarterly
Totals at Annual Rates
Annually, 1929-74
Quarterly, 1946-74
6.19 Corporate Profits Before Tax by Industry: Annually, 1929-74
6.20 Federal, State, and Local Corporate Profits Tax Liability by Industry:
Annually, 1929-74
6.21 Corporate Profits After Tax by Industry: Annually, 1929-74
6.22 Net Corporate Dividend Payments by Industry: Annually, 1929-74
6.23 Undistributed Corporate Profits by Industry: Annually, 1929-74
6.24 Corporate Capital Consumption Allowances by Industry: Annually, 1929-74
172
349
7.2
Implicit Price Deflators for Gross National Product: Annually and
Quarterly Seasonally Adjusted
Annually, 1946-74
Quarterly, 1947-74
Annually, 1929-45
Fixed-Weighted Price Indexes for Gross National Product, 1972 Weights:
Annually and Quarterly Seasonally Adjusted, 1958-74
264
264
349
268
7.3
7.4
7.5
7.6
Implicit Price Deflators for Gross National Product by Major Type of
Product: Annually and Quarterly Seasonally Adjusted
Annually, 1946-74
Quarterly, 1947-74
Annually. 1929-45
Implicit Price Deflators for Gross National Product by Major Type of
Product and Purchaser: Annually, 1947-74
Implicit Price Deflators for Gross National Product by Sector and Industry:
Annually and Quarterly Seasonally Adjusted
Annually, 1946-74
Quarterly, 1947-74
Annually. 1929-45
Implicit Price Deflators for the Relation of Gross National Product, Net
National Product, and National Income: Annually and Quarterly Seasonally
Adjusted
Annually, 1946-74
Quarterly, 1947-74
Annually, 1929-45
7.7 Implicit Price Deflators for Net National Product and National Income by Sector
and Industry: Annually and Quarterly Seasonally Adjusted
Annually, 1946-74
Quarterly, 1947-74
Annually, 1929-45
7.8 Current-Dollar Cost and Profit Per Unit of Constant-Dollar Gross Domestic
Product of Nonfinancial Corporate Business: Annually and Quarterly
Seasonally Adjusted.1948-74
7.9 Implicit Price Deflators for Auto Output: Annually and Quarterly Seasonally
Adjusted, 1947-74
7.10 Implicit Price Deflators for Farm Output, Gross Product, and Income: Annually
1946-74
1929-45
8.4
270
270
350
1946-74
1929-45
8.6
272
274
350
276
276
350
278
278
351
282
286
288
288
351
7.13 Implicit Price Deflators for Purchases of Structures by Type: Annually
'.
294
353
7.14 Implicit Price Deflators for Private Purchases of Producers' Durable
Equipment by Type: Annually
1946-74
1929-45
296
353
7.15 Implicit Price Deflators for Gross National Product, by Industry: Annually, 1947-74 . 296
8.
8.1
Supplementary Tables
Gross National Product: Receipts and Expenditures by Major Economic
Group: Annually
1946-74
1929-45
8.2
8.3
Monetary and Imputed Interest Flows: Annually, 1946-74
Imputations in the National Income and Product Accounts: Annually
1946-74
1929-45
8.7
8.8
298
354
302
304
356
308
358
Relation of Nonfarm Proprietors' Income Without Inventory Valuation and Capital
Consumption Adjustments of Sole Proprietorships and Partnerships in the National
Income and Product Accounts (NIPA's) to Corresponding Totals as Published by
the Internal Revenue Service (IRS): Annually, 1959-72
308
Relation of Capital Consumption Allowances in the National Income and Product
Accounts (NIPA's) to Depreciation and Amortization as Published by the Internal
Revenue Service (IRS): Annually
1946-74
1929-45
8.9
292
352
1946-74
1929-45
1946-72
1929-45
272
288
351
7.11 Implicit Price Deflators for Personal Consumption Expenditures by Major
Type of Product: Annually and Quarterly Seasonally Adjusted
Annually, 1946-74
Quarterly, 1947-74
Annually, 1929-45
7.12 Implicit Price Deflators for Personal Consumption Expenditures by
Type of Product: Annually
8.5
Corporate Profits with Inventory Valuation Adjustment and Without Capital
Consumption Adjustment: Quarterly Totals Not Seasonally Adjusted, 1946-74 ... 306
Relation of Corporate Profits, Taxes, and Dividends in the National Income
and Product Accounts (NIPA's) to Corresponding Totals as Published by the
Internal Revenue Service (IRS): Annually
Selected Per Capita Income and Product Series in Current and Constant Dollars
and Population of the United States: Annually, 1929-74
Percent Change from Preceding Period in Gross National Product in Current
and Constant Dollars, Implicit Price Deflators, and Price Indexes: Annually
and Quarterly Seasonally Adjusted at Annual Rates
Annually, 1947-74
Quarterly. 1947-74
Annually, 1929-46
310
359
312
312
316
359
INTRODUCTION
This report presents the full set of estimates that resulted from a
comprehensive benchmark revision of the national income and product accounts (NIPA's)of the United States that was completed in
January 1976.
Definitions of the entries in the NIPA's and of the sectors of the
economy are provided in this report. A discussion of the conceptual
framework of the NIPA's and of the statistical sources and estimating
methods used to derive the estimates appears in the following
publications: National Income, 1954 Edition, a Supplement to the
BEA staff that made significant contributions to the revisions is
listed below.
Personal consumption expenditures—JAMES
C. BYRNES.
Goods—Leo M. Bernstein, Moses J . Branch, Thomas B. Petska.
Services—Anne L Probst, Ellen B. Arroyo.
Investment— GERALD F. DONAHOE. Fixed investment— Stephen
P. Baldwin, Ann H. Cravens, Larry R. Moran, Teresa L Weadock.
Inventories—John
C. Hinrichs, Anthony D. Eckman, Mary K.
Osinalde.
SURVEY OF CURRENT BUSINESS; U.S. Income and Output (1958), a
Supplement
SURVEY OF CURRENT BUSINESS; "The
National
Income and Product Accounts of the United States:
to the
Revised
Estimates, 1 9 2 9 - 6 4 , " SURVEY OF CURRENT BUSINESS, August 1 9 6 5 ;
and "The National Income and Product Accounts of the United
States: Revised Estimates, 1929-74," SURVEY OF CURRENT BUSINESS.
January 1 9 7 6 , Part I. Selections from this material are included in
Readings in Concepts and Methods of National Income Statistics,.
This publication is available from the National Technical Information
Service, Springfield, Virginia 2 2 1 6 1 , accession number PB 2 5 1 3 2 9 ,
$ 1 0 . 0 0 per copy.
ACKNOWLEDGMENTS
To Allan H. Young, Chief of the National Income and Wealth Division, goes the major credit for planning and carrying through this
benchmark revision of the national income and product accounts of
the United States. Second in command of this formidable undertaking was John A . Gorman, Associate Chief of the National Income and
Wealth Division until his recent change of assignment. Charles A.
Waite, Chief of the Government Division, directed a major part of the
work. Martin L Marimont, Associate Director for National Economic
Accounts, provided guidance.
The detailed statistical work of building up the revised estimates
was done in the National Income and Wealth and the Government
Divisions. Robert P. Parker, Assistant Chief of the National Income
and Wealth Division, and Joseph C. Wakefield, Assistant Chief of the
Government Division, supervised major segments of this work.
Personal income—MARY HOOK. Wages and salaries—Pauline
M. Cypert, F. Beatrice Coleman. Other labor income—Chester F.
Michewicz. Rental income of persons—Frank A. Szumilo. Interest—
Jeanette M. Honsa. Employment and hours—Robert T. Clucas. Other
contributors to the personal income estimates were Ross H. Arnett,
Beulah B. Davis, Bonnie S. Lawrence, Imogene C. Petersen, Mary V.
Pitts, and Mark S. Rees.
Business income—JACQUELIN
BAUMAN, Willie J. Abney,
Dorothy G. Collins, V. May Hargreaves, David E. Henderson, Robert
M. Lipovsky, Kenneth A. Petrick, Jerry L. Stone, Conrad M. Terry.
Farm output—SHELBY W . HERMAN.
Price indexes and capital consumption adjustment—JOHN
C.
MUSGRAVE, Gerald Silverstein.
Federal Government transactions—JOSEPH
C. WAKEFIELD.
National defense—Walter H. Bennett, Robert J. Shue. Transfer payments and supplements—David
T. Dobbs, Robert Boyd.
Nondefense—Sarah
A. Hulsey, Stephen C. Lehman, Robert S. Luke,
Steven M. Nunes, Deloris T. Tolson. Constant dollar estimates—
John N. Wells, Hermione A. Anglin.
State and local government transactions— DAVID J . LEVIN.
Expenditures—Paul Schneiderman, Barbara G. Hobson. Receipts
Donald L Peters.
Gross national product by industry—JACK GOTTSEGEN, Marilyn
E. Baker, William Gullickson, Vesta C. Jones, Kwok Lee, Sherlene K.
S. Lum.
Computer services—Norman E. Bakka, Alexie M. Malcolm, Lou L.
Pai.
Secretarial—Nancy C. Beltz, Eunice V. Blue, Linda M. Brown,
Ruby J. Gore, Lula M. Thompson, June P. Trammell, Evelyn Waltz,
Teresa A. Williams, Dorothy A. Wilson.
Layout and graphics—BILLY JO HURLEY, Sybella G'Schwend,
Judith A. Hefford, Charles W. Robinson.
DEFINITIONS UNDERLYING THE NATIONAL
INCOME AND PRODUCT ACCOUNTS
Definitions of NIPA Entries
Income and product aggregates are defined below, and their
definitions are amplified by definitions of their components. Aspects
of the aggregates and their components that are not apparent from
their titles are emphasized.
The definitions are presented in the framework of the five-account
summary of the national income and product accounts (NIPA's)
shown in table A. Entries in a given account have counterentnes in
another. The parenthetical numbers that follow entries identify these
counterentries by account and line number. In general, entries are
defined below in the sequence in which they appear in the accounts.
Their definition is not repeated when the counterentries appear, but a
cross-reference is made to the place of their first appearance. The
definitions of GNP, national income, and some other production
aggregates can be found in the first two sections, which define the
entries in the NIP account. Definitions of personal income and disposable personal income can be found in the section that defines the
entries in the personal income and outlay account.
Gross private domestic investment (1-30) is fixed capital goods
purchased by private business and nonprofit institutions, and the
value of the change in the physical volume of inventories held by
private business. The former include all private purchases of dwellings, whether purchased for tenant or owner occupancy. Net
purchases of used goods are also included.
Net exports of goods and services (1 -38) and (1 -39) is exports less
imports of goods and services. Exports are part of national production. Imports are not, but are included in the components of GNP, and
are therefore deducted. There are differences between the NIPA
measures of exports and imports and those in the detailed balance of
payments accounts.
Government purchases of goods and services (1-40) is the compensation of government employees and purchases from business
and from abroad. It excludes transfer payments, interest paid by
government, and subsidies. It includes gross investment by government enterprises, but excludes their current outlays. It includes net
purchases of used goods, and excludes sales and purchases of land
and financial assets.
NIP account: charges against gross national product
NIP account: gross national product
GNP is the market value of the goods and services produced by
labor and property supplied by residents of the United States, before
deduction of depreciation charges and other allowances for business
and institutional consumption of fixed capital goods. Other products
charged to expense by business are deducted. GNP comprises the
purchases of goods and services by persons and government, gross
private domestic investment (including the change in business inventories), and net exports (exports less imports).
Persona/ consumption expenditures (1-26) is goods and services
purchased by individuals, operating expenses of nonprofit institutions,
and the value of food, fuel, clothing, rent of dwellings, and financial
services received in kind by individuals. Net purchases of used goods
are also included. All private purchases of dwellings are classified as
gross private domestic investment.
Charges against GNP is the costs incurred and the profits earned in
the production of GNP. Accordingly, it equals GNP, except for the
statistical discrepancy. Inthe NIPA's, these charges are arranged in
two groups. The first of these—compensation of employees,
proprietors' income, rental income of persons, corporate profits, and
net interest— are factor charges, because they represent the incomes
of the factors of production (labor and property). The total of factor
incomes is called the national income. The second group consists of
nonfactor charges. Addition of business transfers, indirect business
taxes, and current surplus of government enterprises less subsidies—
which are included in this group—to national income equals charges
against net national product (and net national product). Addition of
capital consumption allowances—the remaining item in the nonfactor cost group—to charges against net national product equals, in
principle, charges against GNP (and GNP). In practice, a statistical
discrepancy is also entered to secure balance between GNP and the
^factor and nonfactor charges against it.
VII
The aggregates that have been enumerated so far differ from each
other because of distinctions that are made between market value
and factor cost concepts, and gross and net concepts. GNP as derived
above is a gross market value measure; national income is a net factor cost measure; and net national product is a net market value
measure. In principle, four measures of production can be derived
from these two distinctions. In the United States, the following three
have been found most useful: GNP, which has already been defined,
and net national product and national income, which are defined
below.
Net national product is the net market value of the goods and services produced by labor and property supplied by residents of the
United States. Net national product equals GNP less capital consumption allowances, which are deducted from gross private
domestic fixed investment to express it on a net basis.
National income is the incomes that originate in the production of
goods and services attributable to labor and property supplied by residents of the United States. Thus, it measures the factorcostsof goods
and services produced. Incomes are recorded in the forms in which
they accrue to residents, and are measured before deduction of taxes
on those incomes. They consist of the compensation of employees,
proprietors' income, rental income of persons, corporate profits, and
net interest.
Compensation of employees is the income accruing to employees
as remuneration for their work. It is the sum of wages and salaries
and supplements to wages and salaries.
Wages and salaries consists of the monetary remuneration of
employees, including the compensation of corporate officers; commissions, tips, and bonuses; and receipts in kind that represent income to the recipients. It consists of disbursements (1-3) and wage
accruals less disbursements (1-4). Disbursements is wages and
salaries as just defined except that retroactive wages are counted
when paid rather than when earned.
Supplements to wages and salaries consists of employer, contributions for social insurance and of other labor income. Employer
contributions for social insurance (1-6) includes employer payments
under the following programs: Federal old-age, survivors, disability,
and hospital insurance; State unemployment insurance; railroad
retirement and unemployment insurance; government retirement;
and publicly administered workman's compensation. Other labor income (1-7) includes employer contributions to private pension and
welfare funds, and directors' fees.
Proprietors' income with inventory valuation and capital consumption adjustments (1-8) is the monetary income and income in kind of
sole proprietorships and partnerships, including the independent
professions, and of producers' cooperatives. Interest and dividend income received by proprietors, and rental incomes received by persons
who are not primarily engaged in the real estate business are excluded. The inventory valuation adjustment is described under corporate profits and the capital consumption adjustment under capital
consumption allowances.
Rental income of persons with capital consumption adjustment (1 9) is the monetary income of persons from the rental of real property.
viii
except the income of persons primarily engaged in the real estate
business; the imputed net rental income of owner-occupants of nonfarm dwellings; and the royalties received by persons from patents,
copyrights, and rights to natural resources. The capital consumption
adjustment is described under capital consumption allowances.
Corporate profits with inventory valuation and capital consumption
adjustments is the income of corporations organized for profit and of
mutual financial institutions that accrues to residents, measured
before profits taxes, before deduction of depletion charges, after exclusion of capital gains and losses, and net of dividends received from
domestic corporations. In addition to profits earned in domestic
operations, corporate profits includes net receipts of dividends and
branch profits from abroad. In other major respects,profits are defined
in accordance with Federal income tax regulations. The capital consumption adjustment is described under capital consumption
allowances.
Profits before tax is corporate profits without inventory valuation and capital consumption adjustments.
Profits tax liability (1 -12) is Federal, State, and local taxes on
corporate income.
Profits after tax is profits before tax less profits tax liability. Dividends (1-14) is cash dividents paid by corporations organized for
profit to stockholders who are U.S. persons. Undistributed profits
(1 -15) is corporate profits before tax less corporate profits tax liability
and less dividends. It equals the change in corporate net worth stemming from current operations. It may also be viewed as the sum of
purchases of fixed assets, the change in the book value of corporate
inventories, and the net acquisition of financial assets, less the sum of
capital consumption allowances, net borrowing, and net stock issues.
Inventory valuation adjustment (1-16) is the change in the
business inventories component of GNP (CBI), which is measured as
the change in the physical volume of inventories valued in prices of the
current period, less the change in the value of inventories reported by
business (book value). The IVA is required because, according to the
inventory accounting methods used by business, the change in book
values generally differs from the CBI. Measurement of inventory
change as physical volume change valued in prices of the current
period conforms its treatment to that of all other components of GNP.
An alternative definition of the IVA as the excess of the replacement
cost of inventories used up over their historical acquisition cost is
often helpful. That this definition is equivalent to the definition stated
above follows from the fact that, according to all methods of inventory valuation used by business, inventory purchases in an accounting
period are reflected in book values in the prices of that accounting
period. To make the measurement of charges against GNP consistent
with GNP, the IVA must be applied to reported corporate profits and
proprietors' income, because these are based on the same accounting
methods that underlie the book value of inventories.
Net interest (1-18) is interest paid by domestic business less interest received by it, plus net interest received from abroad. In addition to monetary interest flows, net interest includes flows of interest
in kind (imputed interest). The latter have their counterparts in similar
service charges. The portion of the imputed interest flows that is
allocated to consumers and government is a component of net in-
terest and the associated service charges are included in PCE and
government purchases.
Personal income and outlay account
Business transfer payments (1-20) includes corporate gifts to nonprofit institutions and bad debts incurred by consumers. Most of PCE
is stated before deduction of consumer bad debts; corporate profits
and proprietors' income are stated after allowance for bad debts. Accordingly bad debts have to be entered explicitly among the charges
against GNP. They are entered as a component of businesses transfer
payments because, like gifts, they fit into the general category of
transfer payments, which are defined as payments to persons for
which the latter do not perform current services.
Personal income is the income received by persons from all
sources, that is, from participation in production, from transfer payments from government and business, and from government interest,
which is treated like a transfer payment. Persons consist of individuals, nonprofit institutions, private noninsured welfare funds, and
private trust funds. Proprietors' income is treated in its entirety as
received by individuals. Life insurance carriers and private noninsured
pension funds are not counted as persons, but their saving is credited
to persons. Personal income is the sum of wage and salary disbursements, other labor income, proprietors' income, rental income of
persons, dividends, personal interest income, and transfer payments,
less personal contributions for social insurance.
Indirect business tax and nontax liability (1-21) consists of tax
liabilities (except employer contributions for social insurance) that are
chargeable to business expense in the calculation of profit-type incomes, and of certain other business liabilities to general government
that it is convenient to treat like taxes. Indirect business taxes includes sales, excise, and property taxes. Taxes on corporate income
are excluded because such taxes cannot be calculated until profits are
known, and in that sense, are not a business expense. Nontaxes includes regulatory and inspection fees, special assessments, fines and
penalties, rents, and royalties, and donations. Nontaxes generally excludes business purchases from government of goods and services
that are similar to business purchases of intermediate products from
other businesses. Government receipts from the sale of such products
are netted against government purchases so that they do not appear
in GNP and other measures of production.
Subsidies less current surplus of government enterprises (1-22).
Subsidies is the monetary grants paid by government to business, including government enterprises at another level of government. The
current surplus of government enterprises is their sales receipts less
their current outlays. In the calculation of their current surplus, no
deduction is made for depreciation charges and net interest paid.
Subsidies and current surplus are often combined because government enterprises may incur deficits by selling goods to businesses at
lower than market prices in lieu of giving them subsidies. This is also
the major reason for not counting the current surplus of government
enterprises as a profit-type income and, accordingly, as part of factor
charges.
Statistical discrepancy (1-23) is GNP less charges against GNP
other than the statistical discrepancy. It arises because GNP and
charges against GNP are estimated independently by a methodology
that is subject to error.
Capital consumption allowances with capital consumption adjustment (1-25). Capital consumption allowances consists of depreciation charges and accidental damage to fixed business capital. For
nonfarm business, they are as reported on Federal income tax
returns. For farms, nonprofit institutions, and
owner-occupied
houses, depreciation charges are not based on income tax returns,
but instead are NIP calculations. Capital consumption adjustment ( 1 17) is the tax return-based capital consumption allowances
less
capital consumption allowances that are based on estimates of
economic service lives, straight-line depreciation, and replacement
cost.
Disposable personal income is personal income less personal tax
and nontax payments. It is the income available to persons for
spending or saving.
Wage and salary disbursements (see 1-3).
Other labor income (see 1-7).
Proprietors' income with inventory valuation and capital consumption adjustments (see 1-8).
Rental income of persons with capital consumption adjustment
(see 1-9).
Dividends (see 1-14).
Personal interest income is the interest income of persons from all
sources. It is the sum of net interest (see 1-18), plus interest paid by
government to persons and business (2-14) less interest received by
government (2-15) plus interest paid by consumers to business (216). The last item consists of all interest paid by individuals in their
capacity as consumers, and accordingly excludes interest payments
on mortgages and home improvement loans, because homeowners
are treated as businesses in the NIPA's. The derivation of personal interest income can be explained as follows. Net interest equals interest paid by producers (that is, business and U.S. residents supplying labor and property services to abroad) to persons and government
less interest received by producers from consumers and government.
It therefore falls short of interest received by persons from producers
by the amount of interest received by producers from consumers and
government, and exceeds interest received
by persons from
producers by the amount of interest received by government from
producers. Accordingly, the former is added to net interest, and the
latter is deducted, to obtain personal interest income.
Transfer payments to persons is income payments to persons,
generally in monetary form, for which they do not render current services. It consists of business transfer payments (see 1-20) and
government transfer payments (2-19). Government transfer payments include payments under the following programs: Federal oldage, survivors, disability, and hospital insurance; supplementary
medical insurance; State unemployment insurance; railroad retirement and unemployment insurance; government retirement;
workmen's compensation; veterans, including veterans life insurance;
IX
food stamp; black lung; supplemental security income; and direct
relief. Government payments to nonprofit institutions, other than for
work under research and development contracts, is also included.
persons and business (see 2-14) and interest paid to foreigners (3-8).
Interest paid to foreigners is interest paid by the U.S. Government to
foreign businesses, governments, and persons.
Personal contributions for social insurance (2-20) includes payments by employees, self-employed, and other individuals who participate in the following programs: Federal old-age, survivors, disability, and hospital insurance; supplementary medical insurance;
State unemployment insurance; railroad retirement insurance;
government retirement; and veterans life insurance.
Subsidies less current surplus of government enterprises (see 1 22).
Wage accruals less disbursements (see 1 -4).
Personal tax and nontax payments (2-1) is tax payments (net of
refunds) by persons (except personal contributions for social insurance) that are not chargeable to business expense, and of certain
other personal payments to general government that it is convenient
to treat like taxes. Personal taxes includes income, estate and gift,
and personal property taxes. Nontaxes includes passport fees, fines
and penalties, donations, and tuitions and fees paid to schools and
hospitals operated mainly by government. Nontaxes generally excludes purchases by persons from government of goods and services
that are similar to goods and services purchased by persons from
business.
Personal outlays is personal consumption expenditures (see 1-26),
interest paid by consumers to business (see 2-16) and Personal
transfer payments to foreigners, net (2-5). The last item is personal
remittances in cash and in kind to abroad less such remittances from
abroad.
Personal saving (2-6) is personal income less the sum of personal
outlays and personal tax and nontax payments. It is the current saving
of individuals (including proprietors), nonprofit institutions, private
noninsured welfare funds, and private trust funds. Personal saving
equals the change in the net worth of persons, which may also be
viewed as the sum of net acquisition of financial assets (such as cash
and deposits, securities, and the net equity of individuals in life insurance and in private noninsured pension funds) and physical assets
less the sum of net borrowing and of capital consumption allowances.
Surplus or deficit (-), national income and product accounts (3-12)
is government expenditures less government receipts as defined in
the NI PA's. It may also be viewed as the net acquisition of financial
assets by general government and government enterprises, and net
government purchases of land and of rights to Government-owned
land including oil resources.
Gross saving and investment account
Personal saving (see 2-6).
Wage accruals less disbursements (see 1 -4).
Undistributed corporate profits with inventory valuation and
capital consumption adjustments (see 1-15, 1-16, and 1-17).
Capital consumption allowances with capital consumption adjustment (see 1-25).
Government surplus or deficit (-), national income and product accounts (see 3-12).
Capital grants received by the United States, net (see 4-2).
Statistical discrepancy (see 1-23).
Gross private domestic investment (see 1-30).
Net foreign investment (see 4-8).
Foreign transactions account
Government receipts and expenditures account
Personal tax and nontax payments (see 2-1).
Corporate profits tax liability (see 1-12).
Indirect business tax and nontax liability (see 1-21).
Contributions for social insurance (see 1-6 and 2-20).
Purchases of goods and services (see 1-40).
Transfer payments is transfer payments to persons (see 2-19) and
transfer payments to foreigners, net (3-4). The latter is U.S. Government nonmilitary grants to foreign governments in cash and in kind,
and of U.S. Government transfer payments, mainly retirement
benefits, to former residents of the United States.
Net interest paid is interest paid by government less interest
received by government (see 2-15). The former is interest paid to
Imports of goods and services (see 1 -39).
Transfer payments to foreigners (see 2-5 and 3-4).
Interest paid by government to foreigners (see 3-8).
Net foreign investment (4-8) is U.S. exports of goods and services
and capital grants received by the United States, net (see below), less
imports of goods and services by the United States, transfer payments to foreigners (net), and U.S. Government interest paid to for
eigners. It may also be viewed as the acquisition of foreign assets by
U.S. residents less the acquisition of U.S. assets by foreign residents.
It includes the errors and omissions item in the detailed balance of
payments accounts.
Exports of goods and services (see 1-38).
Capital grants received by the United States, net (4-2) is mainly
the allocation of special drawing rights to the United States.
Definitions of Sectors
In addition to the breakdown of GNP that appears in the fiveaccount summary of the NIPA's, GNP can be broken down by
sectors—business, households and institutions, government and the
rest of the world.
Business consists of all organizations that produce goods and services for sale at a price intended at least to approximate costs of
production. In the main, it covers private enterprises organized for
profit, both corporate and noncorporate, including farm operators, the
independent professions, and lessors of real property. Mutual financial institutions, private noninsured pension funds, cooperatives, nonprofit organizations serving business, Federal Reserve banks, and
federally sponsored credit agencies are also included, as well as
government enterprises. Owner-occupied dwellings and buildings
owned by nonprofit institutions serving individuals are considered to
be business establishments selling their current services to their
owners.
The business sector accounts for the bulk of GNP, and like GNP,
can be measured either in terms of the value of the goods and services it produces or in terms of the costs incurred and the profits
earned in its production.
Households and institutions consists of households of families and
unrelated individuals; nonprofit institutions serving individuals;
private trust funds; and private noninsured welfare funds. Its production is measured by the compensation of its employees.
Government consists of all Federal and State and local government agencies except government enterprises. Its production is
measured by the compensation of its employees.
Rest of the world consists of foreigners as transactors with U.S.
residents. Its production is measured by its net payments of labor and
property incomes to the United States.
For some purposes it is useful to have a measure of production
that excludes rest-of-the-world production. This is the gross domestic
product which is the market value of the goods and services
produced by labor and property located in the United States.
XI
Table A
1.—National Income and Product Account
[Billions of dollars]
Line
Compensation of employees
Wagesand salaries
Disbursements (2-7)
Wage accruals less disbursements (3-11)+(5-4)
Supplements to wages and salaries
Employer contributions for social insurance (3-19)
Other labor income (2-8)
873.0
763.1
763.6
-.5
110.0
55.5
54.5
Proprietors' income with inventory valuation and capital consumption
adjustments (2-9)
85.1
Rental income of persons with capital consumption adjustment (2-10).
21.0
Corporate profits with inventory valuation and capital consumption
adjustments
Profits before tax
Profits tax liability (3-16)
Prof its after tax
Dividends (2-11)
Undistributed profits (5-6)
Inventory valuation adjustment (5-7)
Capital consumption adjustment (5-8)
..
Personal consumption expenditures (2-3).
Durable goods
Nondurable goods
Services
885.9
121.9
375.7
388.3
30
31
32
33
34
35
36
Gross private domestic investment (5-1).
Fixed investment
Nonresidential
Structures
Producers' durable equipment...
Residential
Change in business inventories
212.2
202.5
147.9
54.4
93.5
37
38
39
Net exports of goods and services.
Exports (4-1)
Imports (4-3)
7.7
144.2
136.5
40
41
42
43
44
Government purchases of goods and services (3-1).
Federal
National defense
Nondefense
State and local
301.1
111.7
77.4
34.3
189.4
54.6
9.7
70.7
Net interest (2-13).
NATIONAL INCOME
1.141.1
Business transfer payments (2-18)
5.8
Indirect business tax and nontax liability (3-17)
127.3
Less: Subsidies less current surplus of government enterprises (3-10)
.7
Statistical discrepancy (5-12)
-.6
CHARGES AGAINST NET NATIONAL PRODUCT
1,272.9
Capital consumption allowances with capital consumption adjustment (5-9) ....
CHARGES AGAINST GROSS NATIONAL PRODUCT
91.3
132.1
52.6
79.5
31.1
48.4
-38.5
-2.3
26
27
28
29
134.0
1,406.9
GROSS NATIONAL PRODUCT.
1.406.9
2.—Personal Income and Outlay Account
Personal tax and nontax payments (3-15)
Personal outlays
Personal consumption expenditures (1-26)
Interest paid by consumers to business (2-16)
Personal transfer payments to foreigners (net) (4-5).
Personal saving (5-3)
PERSONAL TAXES. OUTLAYS. AND SAVING
171.2
7
Wage and salary disbursements (1-3).
909.5
885.9
22.6
1.0
8
Other labor income (1-7)
54.5
9
Proprietors' income with inventory valuation and capital consumption
adjustments (1-8)
85.1
10
Rental income of persons with capital consumption adjustment (1-9).
21.0
11
Dividends (1-14)
31.1
12
13
14
15
16
Personal interest income
Net interest (1-18)
Interest paid by government to persons and business (3-7)
Less: Interest received by government (3-9)
Interest paid by consumers to business (2-4)
106.5
70.7
29.2
16.0
22.6
17
18
19
Transfer payments to persons
From business (1-20)
From government (3-3)
140.4
5.8
134.5
20
Less: Personal contributions for social insurance (3-20)
74.0
1.154.7
PERSONAL INCOME
763.6
,
47.4
1,154.7
Summary National Income and Product Accounts, 1974
3.—Go
nt Receipts and Expenditures Account
[Billions of dollars]
Line
Purchases of goods and services (1-40)
301.1
15
Personal tax and nontax payments (2-1)
Transfer payments
To persons {2-19)
To foreigners (net) (4-6)
137.7
134.5
3.2
16
Corporate profits tax liability (1-12)
Net interest paid
Interest paid
To persons and business (2-14)
To foreigners (4-7)
Less: Interest received by government (2-15)
Subsidies less current surplus of government enterprises (1-22).
Less: Wage accruals less disbursements
17.5
33.5
29.2
4.3
16.0
171.2
52.6
17
Indirect business tax and nontax liability (1-21).
127.3
18
19
20
Contributions for social insurance .
Employer (1-6)
Personal (2-20)
102.9
55.5
47.4
GOVERNMENT RECEIPTS
453.9
Imports of goods and services (1-39)
136.5
.7
-.5
Surplus or deficit (—), national income and product accounts (5-10).
Federal
State and local
-3.6
-11.7
8.1
GOVERNMENT EXPENDITURES AND SURPLUS
453.9
4.—Foreign Tn
Exports of goods and services (1-38)
Capital grants received by the United States (net) (5-11).
RECEIPTS FROM FOREIGNERS.
144.2
-2.0
4
5
6
Transfer payments to foreigners (net).
From persons (net) (2-5)
From government (net) (3-4)
4,2
1.0
3.2
7
Interest paid by government to foreigners (3-8).
4.3
8
Net foreign investment (5-2)
PAYMENTS TO FOREIGNERS
142.2
-2.8
142.2
5.—Gross Saving and Investn
Gross private domestic investment (1-30).
Net foreign investment (4-8)
212.2
3
Personal saving (2-6)
-2.8
4
Wage accruals less disbursements
5
Undistributed corporate profits with inventory valuation and capital
6
7
8
9
GROSS INVESTMENT .
209.5
1. Numbers in parentheses indicate accounts and items of counterentry in the accounts. Revised estimates for 1974 will be shown in the July 1976 SURVEY OF CURRENT BUSINESS. Further revisions will be
shown in the July 1977 SURVEY OF CURRENT BUSINESS.
consumption adjustments
Undistributed corporate profits (1-15)
Inventory valuation adjustment (1-16)
Capital consumption adjustment (1-17)
Capital consumption allowances with capital consumption adjustment (1 -25)..
74.0
.0
7.6
48.4
-38.5
-2.3
134.0
10
Government surplus or deficit (—), national income and product accounts
(3-12)
-3.6
11
Capital grants received by the United States (net) (4-2).
-2.0
12
Statistical discrepancy (1-23)
GROSS SAVING AND STATISTICAL DISCREPANCY .
-.6
209.5
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
1. Gross National Product, Net National Product, and National Income, 1946-74
Table 1.1.—Gross National Product: Annually, 1946-74, and
[Millions of
1946
Line
Gross national product.
Personal consumption expenditures
Durable goods
Nondurable goods..
Services..
Gross private domestic investment..
Fixed investment
Nonresidential.
Structures
Producers' durable equipment.
Residential
Nonfarm structures
Farm structures
Producers' durable equipment.
Change in business inventories
Nonfarm
Farm..
1947
1948
1949
1950
1951
1952
1953
1954
1955
209,579
232,757
259,079
258,023
286,172
330,183
347,178
366,129
366,306
399,266
420,691
442,755
143,808
161,742
174,749
178,135
191,966
207,066
217,093
229,665
235,841
253,665
266,007
280,409
15,756
82,728
45,324
20,431
90,879
50,432
22,855
96,582
55,312
25,047
94,855
58,233
30,754
98,226
62,986
29, 814
108,773
68,479
29,148
113,899
74,046
32,499
116,530
80,636
31,840
117,951
86,050
38,621
122,933
92,111
37,887
128,900
99,220
39,334
135,154
105,921
30,651
33,952
45,855
35,277
53,815
59,180
52,109
53,349
52,715
68,377
71,022
69,188
24 272
16[768
6,823
9,945
7,504
6,808
519
177
6,379
6,350
34,414
22,889
7,573
15,316
11,525
10,527
697
301
—462
1,298
-1,760
41,147
26,178
38,352
24,283
8,551
15,732
14,069
12,933
837
299
—3,075
-2,209
47,026
27,137
9,338
,17,799
19,889
18,729
785
375
6,789
6,000
789
48,884
31,140
11,266
19,874
17,744
16,557
816
371
10,296
9,057
1,239
48,976
31,202
11,508
19,694
17,774
16,639
767
368
3,133
2,146
987
52.902
34,301
12,770
21,531
18,601
17,450
765
386
447
1,068
-621
54,258
33,978
13,166
20,812
20,280
19,178
711
391
—1,543
-2,129
586
62,424
38,317
14,429
23,888
24,107
23,041
634
432
5,953
5,486
467
66,327
43,720
17,377
26,343
22,607
21,449
700
458
4,695
5,075
-380
67,853
46,674
18,113
28,561
21,179
20,043
681
455
1,335
801
534
7,572
11,610
6,511
Net exports of goods and servicesExports..
Imports21
Government purchases of goods and
services.
Federal
National defense.
Nondefense
State and local
17,280
14,969
13,766
873
330
4,708
2,976
1,732
1956
1957
6,219
1,898
3,838
2,394
591
1,990
2,218
4,270
6,072
18,932
15,094
18,204
15,810
17,145
16,554
18,001
16,011
23,860
19,590
26,724
20,652
79,392
87,086
45,902
40,156
5,746
33,490
49,964
44,017
5,947
37,122
14,811
7,239
19,837
8,227
16,882
10,371
15,859
9,640
13,914
12,016
27,548
25,453
31,964
38,392
38,493
60,099
75,582
82,524
75,760
20,045
17,827
75,006
17,617
14,789
2,828
9,931
12,698
9,048
3,650
12,755
16,700
10,668
6,032
15,264
20,410
13,187
7,223
17,982
18,724
13,995
4,729
19,769
38,322
33,487
4,835
21,777
52,365
45,838
6,527
23,217
57,530
48,594
8,936
24,994
47,933
41,112
6,821
27,827
44,455
38,446
6,009
30,551
[Billions of
1947
1946
Line
1
Gross national product
o
Personal consumption expenditures
3
4
5
g
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
-
Durable goods
Nondurable goods . - Services . . .
_.
Gross nrivate domestic investment
Fixed investment
.
Nonresidential
Structures
Producers' durable equipment
Residential
Nonfarm structures
Farm structures
- Producers' durable equipment
C hange in business inventories
Nonfarm _.
Farm
- -- - -
..
--
Net exnorts of foods and services
Exports
Imports..
.-
-
-
--
Government purchases of goods and
services.
Federal
National defense
Nondefense
State and local
.
.
1949
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
197.4
205.0
215.3
220.4
224.9
229.1
233.3
243.6
249.6
257.1
264.0
265.5
260.1
134.5
139.6
148.4
152.7
156.0
159.9
163.5
167.6
170.3
174.0
176.9
177.8
176.6
12.6
78.9
43.0
14.7
80.6
44.4
17.1
85.1
46.2
18.7
86.3
47.7
19.4
87.7
48.8
20.0
90.1
49.9
20.3
92.1
51.1
22.0
93.6
52.0
22.0
95.1
53.2
22.4
97.0
54.6
23.7
97.0
56.2
23.3
97.3
57.2
22.8
96.3
57.5
24.5
31.5
32.6
34.0
32.7
31.6
31.8
39.7
43.3
46.1
47.9
46.1
18.6
13.0
5.6
7.3
5.7
5.1
.5
.1
5.9
6.0
—.1
22.7
15.5
6.9
8.6
7.2
6.5
.5
.2
8.8
8.7
.1
26.5
18.2
29.3
20.4
32.3
22.3
32.6
22.6
34.5
22.7
38.3
23.9
41.8
27.4
13.0
8.9
8.0
.6
.2
4.7
4.8
—.1
14.9
10.0
9.0
.6
.3
.4
1.5
—1.1
15.2
10.0
9.0
.7
.3
—1.0
1.5
—2.5
15.0
11.8
10.7
.7
.3
—2.7
—.3
—2.4
16.1
14.4
13.3
.8
.3
1.4
2.4
—1.0
41.0
25.4
8.7
16.7
15.6
14.4
.9
.3
5.1
2.9
2.2
41.8
26.4
10.8
8.3
7.6
.5
.2
6.1
5.9
.2
40.0
25.5
8.2
17.3
14.5
13.4
.8
.3
3.3
2.3
1.0
17.1
15.4
14.2
.9
.3
6.1
3.9
2.2
18.0
14.4
13.1
.9
.4
4.3
2.8
1.5
III
IV
256.6
258.6
256.5
178.2
177.6
180.1
24.8
95.3
58.1
25.8
93.5
58.3
26.8
94.3
59.0
39.3
32.7
35.7
33.4
39.3
25.9
9.1
16.8
13.4
12.3
.9
.3
.0
.6
—.6
38.0
24.8
8.7
16.1
13.2
12.1
.8
.3
—5.3
—4.1
—1.2
37.4
23.5
8.3
15.2
14.0
12.9
.8
.3
—1.7
—.6
—1.1
38.6
23.0
8.1
14.9
15.7
14.6
.8
.3
—5.3
—4.7
—.5
6.9
7.7
8.9
6.9
11.6
12.1
12.6
10.2
8.3
6.2
6.0
5.6
7.5
7.3
6.2
3.9
13.7
6.8
14.9
7.2
16.2
7.3
14.5
7.6
19.4
7.8
20.6
8.5
20.5
7.9
18.8
8.7
18.2
9.9
16.6
10.3
16.8
10.8
16.0
10.4
17.5
10.0
17.1
9.8
15.5
9.3
13.3
9.5
31.6
26.2
25.5
26.9
24.6
25.4
25.5
26.1
27.7
30.7
33.2
36.0
36.7
38.4
39.1
39.2
22.6
20.4
2.2
8.9
16.8
14.4
2.3
9.4
15.3
12.0
3.3
10.2
15.8
12.3
3.5
11.1
12.6
9.4
3.2
12.0
13.1
8.9
4.2
12.4
12.6
8.6
4.0
12.9
12.6
9.3
3.3
13.6
13.7
9.8
3.9
14.0
15.9
10.3
5.6
14.8
17.6
10.6
7.0
15.7
19.7
12.0
7.7
16.3
19.8
12.7
7.0
16.9
20.7
13.4
7.4
17.7
20.7
13.6
7.0
18.5
20.5
13.1
7.4
18.7
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT BUSINESS.
1948
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-74
dollars]
1962
1961
1964
1965
594,738
635,743
688,110
752,996
796,312
868,465
935,541
982,419 1,063,436 1,171,121 1,306,335 1,406,911
1
374,578
400,381
430,154
464,793
490,358
535,932
579,711
618,796
668,171
733,034
808,549
885,862
2
56,320
176,929
167,132
62,786
188,626
178,742
67,663
204,685
192,445
69,646
212,593
208,119
79,995
230,359
225,578
85,478
247,036
247,197
84,931
264,748
269,117
97,087
277,686
293,398
111,241
299,347
322,446
122,933
334,354
351,262
121,938
375,664
388,260
3
4
5
96,604
112,015
124,477
120,829
131,526
146,200
140,814
159,969
188,275
220,472
212,218
90,806
59,655
21,462
38,193
31,151
29,851
672
628
5,798
6,388
-590
102,496
71,252
26,109
45,143
31,244
29,949
608
687
9,519
8,498
1,021
110,157
81,417
29,237
52,180
28,740
27,375
673
692
14,320
14,480
-160
110,730
82,083
29,494
52,589
28,647
27,239
697
711
10,099
9,364
735
123,821
89,272
31,592
57,680
34,549
33,089
628
832
7,705
7,601
104
136,828
98,949
35,663
63,286
37,879
36,274
745
860
9,372
9,235
137
137,039
100,461
37,661
62,800
36,578
35,131
565
882
3,775
3,666
109
153,615
104,060
39,338
64,722
49,555
47,896
652
1,007
6,354
5,073
1,281
178,833
116,827
42,543
74,284
62,006
60,281
664
1,061
9,442
8,832
610
202,952
136,477
48,964
87,513
66,475
64,659
608
1,208
17,520
14,051
3,469
202,471
147,916
54,406
93,510
54,555
52,219
992
1,344
9,747
11,609
-1,862
6
»
g
5,060
4,937
2,280
1,753
3,946
1,562
-3,293
7,368
7,746
18
45,561
40,624
49,933
47,653
54,699
52,946
62,468
58,522
65,595
64,033
72,656
75,949
101,519
94,151
144,224
136,478
19
20
1963
1959
1960
448,881
486,465
505,978
523,292
563,817
289,461
310,768
324,903
334,995
355,217
36,846
139,790
112,825
42,436
146,444
121,888
43,109
151,115
130,679
41,573
155,286
138,136
46,703
161,561
146,953
51,432
167,067
156,079
61,916
77,552
76,444
74,335
85,188
90,204
63,407
41,619
16,743
24,876
21,788
20,662
650
476
-1,491
-2,339
848
72,325
45,297
17,047
28,250
27,028
25,784
674
570
5,227
5,313
-86
72,685
47,703
18,171
29,532
24,982
23,869
584
529
3,759
3,471
288
72,143
47,096
18,356
28,740
25,047
23,823
703
521
2,192
1,918
274
78,683
51,248
19,424
31,824
27,435
26,250
645
540
6,505
5,766
739
84,241
53,596
19,578
34,018
30,645
29,398
655
592
5,963
5,172
791
2,464
559
4,372
5,806
5,378
6,295
8,948
7,591
1958
1967
1966
1968
1969
1970
1971
1972
1973*
1974*
Line
<j
10
11
12
13
14
15
16
17
23,286
20,822
23,725
23,166
27,595
23,223
28,882
23,076
30,607
25,229
32,709
26,414
37,393
28,445
39,548
31,957
42,773
37,713
95,040
97,586
100,259
108,156
118,034
123,661
129,810
138,350
158,666
180,188
198,727
207,877
218,863
233,734
253,105
269,946
301,085
21
53,904
45,565
8,339
41,136
53,890
45,597
8,293
43,696
53,711
44,451
9,260
46,548
57,370
46,995
10,375
50,786
63,738
51,052
12,686
54,296
64,631
50,296
14,335
59,030
65,218
49,048
16,170
64,592
67,268
49,443
17,825
71,082
78,833
60,330
18,503
79,833
90,924
71,462
19,462
89,264
98,019
76,868
21,151
100,708
97,461
76,272
21,189
110,416
95,642
73,537
22,105
123,221
96,220
70,230
25,990
137,514
102,126
73,513
28,613
150,979
101,981
73,370
28,611
167,965
111, 692
77,380
34,312
189,393
22
23
24
25
dollars]
1952
1951
1950
1953
1954
1955
Line
I
II
267.4 276.9
182.9
III
I
I
III
IV
I
361.8
366.2
375.0
387.5
395.4 404.0 410.2
1
234.3
236.4
240.8
246.8
251.9 256.0 260.0
2
31.3
118.1
87.0
33.0 36.2
119. 5 120.5
88.3 90.1
38.6 40.3 39.4
122. 2 123.3 125.7
91.1 92.4 94.9
3
4
5
III
338.5 341.1
341.3
347.0
359.2 365.4
368.8 367.8 362.6 362.0
203.8
206.2 209.9 211.1
215.1
217.2
225.0 228.3
229.9
230.5 230.0 231.9
31.5 33.8
100. 9 107.6
65.4
66.9
28.9
107.1
67.9
28.3
109.0
69.0
28.3 28.9
111.4 110.8
70.1 71.5
29.0
113.0
73.1
27.3
115.0
74.9
31.4
116.9
76.7
32.9
117.0
78.4
32.8
116.9
80.2
32.5
116.2
81.8
31.9 31.2
116.0 117.1
82.1 83.6
31.8
117.1
85.3
294.5 305.9
186.8 200.4
I
II
IV
197.8
I
II
III
319.9
327.7
334.4
208.3
IV
IV
II
III
IV
II
II
27.7
94. 8
60.3
28.1
96.3
62.3
35.6
100.9
63.9
43.6
50.5
55.4
65.6
60.7
63.9
58.7
53.4
54.1
47.5
51.1
55.7
54.8
56.1
54.2
41.2
23.6
8.5
15.1
17.6
16.5
.8
3
2.4
22
"' 2
45.8
26.0
8.9
17.1
19.8
18.6
.8
4
4.8
4.2
6
50.6
28.9
9.6
19.4
21.6
20.5
.8
4
4.9
3.8
11
50.6
30.0
10.4
19.6
20.6
19.4
.8
4
15.1
13.8
1 2
50.2
30.2
10.8
19.4
20.0
18.8
.8
4
10.5
9.3
12
48.7
31.1
11.5
19.7
17.6
16.4
.8
4
15.2
14.0
12
48.3
31.8
11.6
20.2
16.5
15.3
.8
4
10.4
9.1
48.3
31.4
11.2
20.2
16.8
15.7
.8
.4
5.1
3.8
13
48.9
31.7
11.3
20.4
17.2
16.1
.8
.3
5.2
4.0
1.2
49.9
32.2
11.4
20.8
17.7
16.5
.8
.4
-2.3
-3.3
1.0
46.8
29.1
11.5
17.7
17.7
16.6
.8
.3
4.3
3.3
.9
50.3
31.8
11.9
19.9
18.5
17.4
.8
.4
5.4
4.6
.8
52.4
33.5
12.3
21.3
18.9
17.7
.8
.4
2.4
3.0
—.6
53.0
34.0
12.7
21.3
19.0
17.8
.8
.4
3.2
4.1
—.9
53.5 52.8 52.1
35.1 34.6 33.7
12. 9 13.1 13.2
22.1
21.4 20.6
18.4 18.2 18.3
17.3
17.1 17.2
.7
.8
.8
.4
.4
.4
. 7 -4.5 -2.5
1.5 -4.3•> - 2 . 8
•>
—. 8
3.2
2.7
.6
1.1
1.3
3.3
5.1
5.7
5.0
3.2
1.2
.2
.5
.2
.7
1.0
1.2
1.8
2.1
2.9
2.9
1.5
13.1
9.9
37.7
13.3
10.6
14.0
13.4
15.2
14.1
16.6
15.4
19.0
15.7
19. 9
14.8
20.2
14.5
20.4
15.4
18.4
15.2
17.0
15.8
17.1
16.9
16.9
16.3
17.1
17.0
17.5
16.8
17.1
16.1
16.5
15.4
18.5
16.8
18.0
15.9
19.0
16.0
19.6
16.7
36.9
38.0
41.4
49.6
56.7
64.4
69.6
70.9
75.5
77.5
78.3
81.7
82.6
82.4
83.4
79.5
75.4
74.6
73.4
74.3
19.3
17.8
74.1
18.6
12.4
6.1
19.1
17.4
12.5
4.9
19.4
18.0
14.1
4.0
20.0
20.9
16.9
3.9
20.5
28.7
24.0
4.7
20.9
35.1
30.3
4.8
21.6
42.3
37.7
4.6
22.1
47.2
42.0
5.2
22. 4
48.3
42.4
6.0
22.6
52.2
45.6
6.6
23.3
54.3
46.9
7.4
23.1
54.6
48.5
6.1
23.8
57.2
49.1
8.1
24.5
58.1
49.5
8.7
24.4
57.2
48.3
8.9
25.1
57.6
47.5
10.1
25.8
52.8
44.3
8.5
26. 7
48.0
41.9
6.1
27.4
46.2
39. 8
6.4
28.4
44.8
38.4
6.3
28.7
44.5
38.6
5.9
29.8
43.7
38.1
5.6
30.3
48.2
49.5
III
IV
50.4
53.1
57.8
63.5
67.9
70.1
72.0
6
53.1
33.6
13.1
20.4
19.5
18.4
.55.3
34.3
13.2
21.1
21.0
19. 9
56.6
34.3
13.2
21.1
22.3
21.2
.7
.4
1.3
58.9
34.8
13.6
21.1
24.1
23.0
61.9
37.2
14.1
23.1
24.7
23.6
.6
.4
6.1
5.7
.3
64.0
39.7
14.7
25.0
24.3
23.3
.6
.4
6.0
5.5
.5
64.9
41.6
15.3
26.3
23.3
22.3
.6
4
7.1
6.8
3
7
8
9
10
11
12
13
2.4
2.0
18
20.5
18.1
19
20
75.4
20.8
18.7
76.2
44.7
39.1
5.6
30.7
44.9
38.0
6.9
31.3
22
23
24
25
.4
.4
-2.7 — 2 . 2
-3.2 -i!8
.5
.6
ilo
.4
4.6
3.8
.8
14
15
16
17
21
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
Table 1.1.—Gross National Product: Annually, 1946-74, and
[Billions of
1957
1966
III
IV
1958
II
III
IV
II
1959
III
IV
II
III
IV
Gross national product
411.9
417.4
422.4
430.9
438.9
441.0
448.2
442.8
435.8
439.9
453.1
466.3
476.0
489.9
486.5
493.5
Personal consumption expenditures
261.4
263.9
266.8
271.9
276.1
278.3
282.8
284.4
284.0
286.8
291.7
295.4
303.5
309.1
314.2
316.2
37.6
127.2
96.5
37.6
128.1
98.1
37.3
129.4
100.1
38.9
130.8
102.1
40.0
132.5
103.6
39.5
133.9
104.9
39.1
137.2
106.5
38.8
136.9
108.7
36.8
137.6
109.6
36.0
138.9
111.9
36.7
140.8
114.2
38.0
141.9
115.5
41.2
144.3
118.0
43.0
145.6
120.5
43.9
147.1
123.2
41.6
148.7
125.9
70.8
70.4
71.3
71.6
69.8
69.8
71.8
65.4
57.8
56.5
62.5
70.4
74.2
83.2
73.6
79.2
64.8
42.0
16.6
25.4
22.7
21.6
.7
.5
6.0
6.6
-.5
66.1
43.1
17.2
25.9
23.0
21.8
.7
.5
4.3
5.2
67.2
44.6
17.8
26.8
22.6
21.4
.7
.5
4.1
4.4
67.3
45.2
18.0
27.2
22.1
21.0
.7
.4
4.3
4.1
.2
67.8
46.1
18.0
28.2
21.6
20.4
.7
.5
2.1
2.0
.1
67.5
46.3
18.2
28.1
21.2
20.0
.7
.5
2.3
2.0
.3
68.6
47.6
18.2
29.3
21.0
19.9
.7
.4
3.2
2.5
.7
67.6
46.7
18.1
28.6
20.9
19.8
.7
.5
-2.2
-3.3
1.1
63.2
61.6
41.2
16.8
24.4
20.5
19.4
.6
.4
-5.1
-5.9
62.4
40.5
16.3
24.1
22.0
20.8
.6
.5
.1
-.8
.9
66.3
42.0
16.5
25.5
24.4
23.1
.7
.6
4.1
3.3
.8
70.2
43.4
16.4
27.0
26.9
25.6
.6
.6
4.0
4.0
.0
72.8
45.0
17.0
28.0
27.8
26.5
.7
.6
10.4
10.5
-.1
73.6
46.4
17.4
29.0
27.2
26.0
.7
.5
.0
.2
-.1
72.7
46.4
17.4
29.0
26.3
25.1
.7
.5
6.5
6.7
-.1
Durable goods
Nondurable goods
Services
Gross private domestic investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Nonfarm structures
...
Farm structures
Producers' durable equipment
Change in business inventories
Nonfarm
Farm
Net exports of goods and services
Exports
Imports
Government purchases of goods and
services.
Federal
National defense
Nondeft-nse
State and local
42.9
17.3
25.5
20.4
19.4
.7
.3
-5.4
-6.3
2.5
3.9
4.6
6.1
6.8
6.4
6.2
5.0
2.9
2.4
2.8
1.8
.4
-.4
1.2
1.1
22.1
19.6
23.5
19.6
24.5
19.9
27.6
20.8
27.3
20.9
26.7
20.5
25.3
20.4
23.1
20.3
23.3
20.9
23.4
20.5
23.4
21.6
22.6
22.2
22.9
23.4
24.9
23.7
24.5
23.4
77.2
79.3
79.7
25.3
19.2
81.3
87.5
88.1
91.2
94.2
96.1
98.7
97.8
98.0
97.5
97.0
44.9
38.3
6.6
32.3
46.2
40.3
5.9
33.1
45.8
40.2
5.6
33.9
46.7
41.9
4.8
34.6
50.3
43.3
7.0
35.9
50.1
44.6
5.5
37.5
49.6
44.3
5.3
38.5
51.6
44.5
7.2
53.6
45.4
8.2
40.6
54.4
45.9
8.5
41.7
55.9
46.5
9.4
42.7
54.3
46.1
8.1
43.6
54.3
45.5
8.8
43.7
53.7
45.6
8.1
43.8
53.3
45.1
8.1
43.7
86.2
49.9
43. 9
6.0
36.7
1966
II
39.5
1967
III
II
IV
1968
III
IV
II
III
IV
Gross national product..
733.7
759.0
771.7
777.5
785.8
803.1
818.7
837.3
861.8
880.0
894.7
Personal consumption expenditures
455.9
460.3
469.1
473.9
478.6
487.6
494.2
501.1
517.6
528.5
544.5
553.1
68.4
200.5
187.0
65.7
203.9
190.6
68.2
206.8
194.1
68.4
207.4
198.0
66.9
209.6
202.2
70.2
211.2
206.2
70.3
213.4
210.5
71.2
216.2
213.7
76.5
223.0
218.2
78.1
227.6
222.8
82.3
233.9
228.3
83.1
237.0
233.0
121.8
126.7
123.7
125.7
118.6
115.5
121.7
127.5
125.1
131.9
132.3
136.8
110.3
79.2
28.9
50.3
31.2
29.6
.8
.7
11.5
10.7
111.4
81.2
29.0
52.2
30.2
29.0
.4
.7
15.3
15.5
^2
110.7
82.4
29.8
52.5
28.4
27.0
.7
.7
13.0
13.4
-.4
108.2
82.9
29.2
53.7
25.3
23.9
.8
.7
17.5
18.3
-.9
106.3
81.2
29.6
51.6
25.0
23.6
.8
.7
12.3
12.2
.1
111.5
81.8
29.7
52.1
29.7
28.4
.6
.7
10.3
9.3
1.0
115.8
83.7
29.6
54.1
32.1
30.5
.8
.8
11.7
10.6
1.1
119.8
86.8
31.2
55.6
33.0
31.5
.7
.8
5.3
5.1
.2
121.4
87.1
31.2
55.8
34.3
33.0
.6
.8
10.5
10.4
.1
124.3
89.7
31.2
58.5
34.6
33.1
.6
.8
8.0
7.9
.1
129.8
93.5
32.7
60.9
36.2
34.7
.6
.9
7.1
7.0
.1
Durable goods
Nondurable goods
Services
Gross private domestic investment..
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Nonfarm structures
Farm structures
_
Producers' durable equipment
Change in business inventories
Nonfarm..
Farm
Net exports of goods and services
Exports
Imports
Government purchases of goods and
services.
Federal...
National defense
Nondefense
State and local
747.6
6.1
5.3
4.2
4.6
5.2
109.4
81.6
29.1
52.5
27.8
26.5
.6
.7
6.1
5.4
.7
5.2
5.3
4.0
1.7
3.3
3.1
1.0
41.7
35.6
42.0
36.7
43.2
39.1
44.2
39.5
45.3
40.1
44.9
39.7
45.7
40.4
46.4
42.4
47.1
45.4
50.1
46.8
52.4
49.3
50.1
49.1
149.9
155.2
162.1
167.5
175.2
177.5
181.9
186.2
192.9
198.1
200.2
203.7
73.6
55.1
18.5
76.2
76.8
58.4
18.3
78.5
81.5
62.7
18.8
80.6
83.5
65.0
18.4
84.0
88.6
69.4
19.2
86.6
89.4
70.4
18.9
88.2
92.1
72.5
19.6
89.8
93.7
73.5
20.2
92.5
96.2
76.1
20.0
96.7
98.5
77.2
21.3
99.6
98.6
76.7
21.9
101.6
98.7
77.4
21.3
104.9
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-74—Continued
dollars]
1962
1961
1960
1963
1964
1965
Line
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
11
506.5
506.2
504.6
507.1
518.2
527.2
540.7
553.0
562.1
567.8
572.3
580.2
587.9
600.5
610.4
622.4
632.4
642.1
646.0
665.4
678.7 695.1 713.3
1
319.8
325.9
326.0
328.0
328.5
333.1
335.7
342.7
347.5
353.0
357.0
363.4
367.2
371.2
377.8
382.1
390.5
397.8
405.7
407.5
417.7
424.1 432.7 446.1
2
43.0
148.8
128.0
43.9
151.8
130.2
43.4
151.4
131.2
42.2
152.5
133.3
39.7
153.9
135.0
40.7
154.7
137.6
41.9
155.2
138.6
44.0
157.4
141.4
45.0
159.3
143.2
46.3
160.6
146.1
46.8
162.2
148.0
48.8
164.1
150.5
49.8
165.2
152.1
51.1
165.9
154.1
51.9
168.3
157.7
52.9
168.8
160.4
55.0
172.7
162. 9
56.3
175.7
165.7
58.1
179.1
168.5
56.0
180.1
171.4
61.4
182.6
173.7
61.3 63.1 65.3
186.0 189.5 196.5
176.9 180.1 184.3
3
4
5
86.8
77.7
73.5
67.7
66.8
72.7
77.7
80.1
84.6
86.2
86.4
83.6
86.0
88.9
92.3
93.6
94.0
96.4
97.4
98.6
109.2
110.1 114.3 114.5
6
69.8
45.7
18.5
27.2
24.1
22.8
.7
71.1
46.8
18.3
28.6
24.3
23.1
.6
72.6
47.1
18.3
28.8
25.5
24.4
.5
75.1
48.7
18.3
30.4
26.4
24.9
1.0
76.3
49.8
18.6
31.2
26.5
25.4
.6
79.1
51.4
19.4
32.0
27.6
26.5
.6
80.0
52.1
20.1
32.0
27.8
26.6
.7
79.4
51.7
19.7
32.0
27.7
26.5
.7
80.1
51.4
18.8
32.6
28.8
27.5
.7
83.6
52.9
19.7
33.2
30.8
29.4
.7
85.1
54.3
19.8
34.5
30.8
29.7
.5
88.1
55.9
20.0
35.8
32.2
30.9
.7
89.4
56.9
20.2
36.7
32.4
31.0
.8
89.9
58.7
21.2
37.5
31.2
30.0
.6
91.3
60.6
21.9
38.7
30.7
29.5
.6
92.6
62.3
22.5
39.9
30.2
29.0
.6
98.1
66.8
23.8
42.9
31.3
29.9
.8
101.2 103.8 106.9
69.6 72.5 76.1
25.9 26.4 28.3
43.7 46.2 47.8
31.5 31.3 30.8
30.4 29.9 29.6
7
5
4
.7
7
7
9.0 10.4
7.6
8.0
9.1
6.4
1.0
1 3 1 2
7
8
9
10
11
12
13
I
506.6
75.5
48.3
18.3
30.0
27.2
26.0
7
5
11.3
11.1
1
II
71.2
47.2
17.9
29.3
24.0
22.8
6
73.4
48.6
17.9
30.7
24.8
23.5
5
5
4.3
4.0
3
.5
2.4
1.9
.4
70.7
46.8
18.6
28.2
23.9
22.8
.6
.5
-2.9
-3.2
.3
.5
.5
-3.0
-3.2
.2
1.6
1.4
.2
.5
.5
5.1
4.8
.3
5.0
4.7
.3
.5
.5
.6
8.3
7.7
.6
7.1
6.4
.7
6.4
5.6
.8
.6
.6
4.1
3.3
.8
.>6
.6
4.4
.9
7.2
6.4
.8
5. if
5.8
5.0
.9
.6
.6
5.6
4.9
.6
4.7
5.1
-.4
1
III
.6
IV
.6
6.4
7.0
-.6
6.0
6.8
-.7
I
.6
II
.7
6.1
6.7
-.6
11.1
10.5
.6
III
IV
14
15
16
17
2.8
3.6
5.0
6.2
6.8
5.6
5.3
5.5
4.8
6.1
5.7
5.0
5.0
6.6
6.0
7.5
9.5
8.3
9.0
8.9
6.8
8.8
8.1
6.7
18
26.4
23.7
27.4
23.9
28.2
23.3
28.3
22.1
28.9
22.1
27.9
22.3
29.0
23.7
29.8
24.2
29.4
24.6
31.2
25.2
31.1
25.4
30.7
25.8
30.5
25.4
33.0
27.0
34.6
27.1
36.9
27.3
36.4
28.1
40.7
32.6
40.8
34.1
19
20
101.8
102.7
105.0
106.8
108.4
112.3
116.1
116.8
118.8
120.4
122.0
124.3
127.1
128.3
130.0
130.9
35.5
28.7
131.7
41.1
32.4
99.3
37.8
28.8
130.0
38.6
29.6
97.3
32.7
26.2
121.3
135.7 140.1 146.0
21
52.3
43.9
8.4
44.9
53.1
43.8
9.3
46.2
54.6
44.8
9.8
47.2
54.8
45.3
9.5
47.9
55.3
46.0
9.3
49.7
56.9
46.7
10.3
49.9
57.7
46.8
10.8
50.8
59.6
48.5
11.1
52.7
63.0
50.9
12.1
53.1
63.0
51.3
11.7
53.8
64.1
51.1
13.1
54.7
64.8
50.9
13.9
55.6
64.9
50.2
14.7
57.1
63.3
50.5
12.8
58.0
64.5
50.2
14.3
59.8
65.9
50.3
15.6
61.2
65.9
49.8
16.0
62.4
65.8
49.5
16.3
64.2
64.7
48.9
15.8
65.3
64.5
47.9
16.6
66.4
63.9
47.1
16.9
67.8
67.6
49.3
18.2
72.5
22
23
24
25
1971
1970
1969
1972
65.8
48.3
17.5
69.9
1973*
71.8
53.1
18.7
74.1
1974*
Line
II
I
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
II
I
III
IV
913.0 929.0
946.9
953.3
964.2
976.5
992.6
996.3 1, 034.0 1, 056.2 1, 072.4 1, 091.2 1, 127.0 1, 156.7 1, 181.4 1, 219.4 1, 265.0 1, 287.8 1, 319.7 1, 352.7 1,370.9 1, 391.0 1, 424.4 1,441.3
563.8 574.1
584.5
596.4
606.4
615.2
625.1
628.4
648.6
662.9
674.1
687.1
705.9
724.7
739.7
761.8
785.7
800.5
818.4
829.5
849.5
877.8
907.7
908.4
2
84.8 85.3
240.8 244.9
238.2 243.9
85.5
249.0
249.9
86.2
253.4
256.8
84.8
259.0
262.6
86.2
262.4
266.6
86.7
266.4
272.1
82.1
271.2
275.1
92.8
272.4
283.4
95.9
276.7
290.3
97.7
278.9
297.5
102.0
282.7
302.4
106.0
287.6
312.3
109.2
296.4
319.1
112.2
302.2
325.3
117.6
311.2
333.0
124.8
321.4
339.5
124.4
328.0
348.2
123.7
339.6
355.2
118.9
348.5
362.2
118.4
359.8
371.2
123.1
371.9
382.8
128.9
383.9
394.9
117.3
387.1
404.0
3
4
5
211.7
217.1
221.2
231.9
218.4
212.7
207.6
210.3
6
202.8
134.5
47.7
86.7
68.3
66.6
5
1?
1.2
12.4
14.3
10.1
11.0
?. 3
33
205.6
138.5
50.3
88.2
67.0
65.2
.6
204.2
141.8
51.5
90.4
62.4
60.4
.7
203.5
145.9
53.4
92.5
57.6
55.3
1.0
203.4
146.6
54.1
92.4
56.9
54.6
.9
203.1
148.1
54.0
94.1
55.0
52.7
.9
199.8
151.1
56.1
95.0
48.7
46.3
12
7
8
9
10
11
12
13
1.4
1.4
1.3
14
144.0 147.2
150.5
143.2
138.6
140.3
143.3
141.0
152.7
160.8
161.0
165.4
176.7
184.9
191.0
200.5
135.3 136.5
96.7 97.7
33.9 34.8
62.8 62.9
38.5 38.8
36.8 37.3
.5
.9
138.6
100.4
36.8
63.6
38.2
36.3
1.0
137.0
100.9
37.1
63.8
36.1
34.7
.5
136.0
99.9
36.8
63.2
36.1
34.7
.6
136.2
101.3
37.6
63.7
34.9
33.6
.4
137.5
101.7
38.0
63.7
35.8
34.4
.5
138.4
98.9
38.3
60.6
39.5
37.8
.7
145.2
102.3
38.7
63.6
42.9
41.4
.5
10
7.5
5.8
1.7
151.2
102.7
39.1
63.6
48.5
46.9
.6
156.2
104.1
39.7
64.4
52.1
50.3
.8
161.9
107.1
39.8
67.4
54.8
53.0
7
11
3.5
2.6
q
171.9
112.2
41.6
70.6
59.7
58.0
7
1 0
4.7
4.0
7
174.8
114.2
42.0
72.2
60.6
58.9
6
178.8
117.0
42.5
74.5
61.8
60.1
.7
189.7 199.3
123.8 131.0
44.0
46.3
79.9
84.8
65.9
68.2
64.2
66.4
fi
7
.9
.9
.9
.8
.8
.9
.9
.9
1.0
i n
1.1
1.0
1.1
1.2
1.2
1.3
1
1.1
.9
2.7
2.3
3.9
4.4
4.7
2.7
3.9
1.4
1.9
-.9
-4.6
10.1
9.3
.8
-4.1
-2.3
-2.1
2.0
4.5
10.2
12.8
15.6
4.0
3.2
8.2
18
47.2
46.0
56.0
55.1
57.4
54.8
58.2
55.9
61.3
57.3
62.9
58.5
62.3
59.6
65.1
61.2
66.6
65.3
68.2
66.3
62.4
63.3
69.1
73.7
69.2
73.3
73.4
75.7
79.0
81.1
89.4
87.4
96.6
92.1
105.2
95.0
114.9
102.0
133.1
117.5
141.6
137.6
148.6
145.5
153.6
145.3
19
20
204.1 206.7
209.2
211.4
215.3
216.5
63.4
58.7
219.4
224.2
228.8
231.1
235.5
239.6
249.0
251.1
253.0
259.2
265.7
265.7
270.0
278.4
287.5
296.5
305.9
314.4
21
97.2 97.1
75.3 75.6
21.9 21.5
107.0 109.7
97.9
77.1
20.7
1U.4
97.8
77.0
20.7
113.6
97.9
75.8
22.1
117.4
95.6
72.9
22.6
121.0
94.0
72.7
21.3
125.4
95.1
72.7
22.4
129.1
95.9
72.0
23.9
132.9
94.9
70.1
24.8
136.2
96.4
68.9
27.6
139.0
97.6
70.0
27.7
142.0
103.1
74.7
23.5
145.9
102.8
74.4
28.4
148.4
100.3
71.7
28.6
152.7
102.3
73.3
29.0
157.0
104.1
74.0
30.1
161.6
99.9
73.0
27.0
165.8
100.0
72.3
27.6
170.0
104.0
74.2
29.8
174.5
106.1
74.8
31.4
181.4
108.9
75.8
33.0
187.6
113.6
78.4
35.1
192.3
118.2
80.5
37.7
196.3
22
23
24
25
8.7
8.6
1
10.7
10.5
1
11.9
11.8
1
2.5
2.4
.1
6.2
6.1
.1
216-143 O - 77 - 2
4.2
4.0
.1
5.8
5.7
.1
2.6
2.5
.1
9.6
8.4
1.2
4.8
3.5
1.3
12.1
11.7
.5
10.8
10.3
ft
15.6
11.0
4.6
27.7
24.0
3.7
14.9
14.1
.7
4.4
9.3
7.6
11.0
— 1.7 —3 2
10.4
13.7
—3 2
15
16
17
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
Table 1.2.—Gross National Product in Constant Dollars: Annually, 1946-74,
[Billions of
1948
1947
1946
Line
1951
1950
1949
1952
1954
1953
1955
1956
1957
1
Gross national Droduct
477.0
468.3
487.7
490.7
533.5
576.5
598.5
(521.8
613.7
654.8
668.8
680.9
2
Pprsoniil consu motion exDGnditurcs
301.4
306.2
312.8
320.0
338.1
342.3
350.9
I*64.2
370.9
395.1
406.3
414.7
25.8
158.9
116.7
30.6
154.8
120.8
33.1
155.0
124.6
36.3
157.4
126.4
43.4
161.8
132.8
39.9
165.3
137.1
38.9
171.2
140.8
43.1
.75.7
145.5
43.5
177.0
150.4
52.2
185.4
157.5
49.8
191.6
164.9
49.7
194 9
170 2
71.0
70.1
82.3
65.6
93.7
94.1
83.2
85.6
83.4
104.1
102.9
97.2
58.8
42.0
18.8
23.2
16.8
15.5
76.8
51.0
18.4
32.7
25.8
23.9
70.0
46.0
17.8
28.2
24.0
22.3
83.2
50.0
19.1
30.9
33.2
31.5
80.4
52.9
20.6
32.3
27.5
25.9
78.9
52.1
20.6
31.5
26.8
25.3
85.6
55.4
23.5
31.8
30.2
28.8
96.3
61.2
25.3
35.9
35.1
33.8
1.2
97.1
65.2
28.1
37.1
31.9
30.4
.3
5.5
4.4
.3
-4.4
-3.9
.3
13.7
12.1
.3
4.3
3.1
1.1
95 7
66 0
28 1
37.9
29.7
28 3
.3
10.6
9.2
1.3
1.2
84.1
56.3
22.5
33.8
27.8
26.3
.2
12.2
12.5
-.3
70.4
48.9
17.3
31.6
21.5
19.8
1.3
.3
-.2
1.7
-1.9
.3
1.5
1.7
.3
-2.2
-3.1
1.0
1.0
1.1
-.5
1.4
1.6
1.2
.9
.4
-.8
.4
1.5
.9
.6
11.6
16.6
8.5
8.8
4.0
7.4
4.9
2.0
4.5
4.7
7.3
8.9
26.1
14.6
30.2
13.6
24.2
15.7
24.2
15.4
21.7
17.7
25.9
18.5
24.9
20.0
23.8
21.8
25.3
20.8
27.9
23.2
32.3
25.0
34.8
26.0
93.1
75.4
84.1
96.2
97.7
132.7
159.5
170.0
154.9
150.9
152.4
160.1
58.4
34.8
36.1
39.3
42.4
41.8
48.9
47.4
47.0
50.7
81.3
51.3
107.0
52.5
114.6
55.4
95.2
59.7
86.9
64.0
85.9
66.5
89.8
70.3
3
4
5
Durable goods
Nondurable coods
Services
- -
Gross orivate domestic investment
7
g
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
Fixed investment
Nonresidential
- - -
Structures
-
Producers' durable equipment
Residential
Nonfarm structures
Farm structures
Producers' durable equipment
Change in business inventories
Nonfarm
Farm
1.1
--
Net exnorts of foods and services
Exports
Imports
-
_
Government purchases of goods and services.
Federal
State and local '
1.5
1.3
1.4
-.2
1948
1947
.9
.4
5.8
6.6
.4
7.7
7.3
1949
1950
Line
1
2
3
4
5
6
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
Gross national product
Persona] consumotion expenditures
Durable goods
Nondurable coods
Services
- -
Gross private domestic investment
Fixed investment
Nonresidential
Structures.
Producers' durable equipment
Residential
Nonfarm structures
Farm structures
Producers' durable equipment
Change in business inventories . .
Nonfarm
Farm_.
Net exports of goods and services
Exports
Imports
-
Government purchases of goods and services.
Federal
State and local-.
-
I
II
III
IV
I
II
III
IV
I
II
III
IV
464.0
467.5
468.0
473.7
477.3
486.0
490.8
495.9
490.9
488.9
493.4
489.2
511.5
525.1
542.4
554.6
302.7
&07.3
307.6
307.2
309.3
312.5
313.1
316.1
316.5
320.5
320.0
323.1
328.3
334.3
348.9
340.8
29.4
153.0
120.3
29.9
155.8
121.6
30.3
156.3
121.0
32.7
154.1
120.4
32.7
154.0
122.6
124.2
32.7
55.6
33.5
154.1
125.5
33.5
156.4
126.2
33.0
157.2
126.3
36.3
157.5
126.8
37.5
156.3
126.1
38.3
158.4
126.3
39.6
160.1
128.6
40.0
161.7
132.6
49.9
164.4
134.5
44.2
161.0
135.6
II
III
IV
69.7
66.6
66.7
77.5
81.2
83.0
83.5
81.4
71.5
61.8
66.0
63.0
79.8
90.0
96.2
109.0
69.6
49.8
17.6
32.2
19.8
18.2
1.3
.3
.1
1.3
-1.2
67.6
48.8
77.1
51.6
17.4
34.2
25.5
23.8
1.4
.3
4.1
3.5
77.4
50.4
18.2
32.1
27.0
25.2
15
.3
5.6
4.2
76.6
50.4
18.8
31.6
26.2
24.3
1.6
.3
6.9
5.6
76.1
51.8
19.1
32.8
24.2
22.4
1.6
.3
5.3
4.3
71.8
49.3
18.6
30.7
22.5
20.7
1.5
.3
-.3
.0
.3
-7.7
-7.3
88.2
53.0
19.6
33.4
35.2
33.6
1.3
.4
8.0
6.1
86.9
53.3
20.3
33.0
33.5
31.9
1.3
.4
22.1
20.1
1.3
1.3
1.0
-.4
68.5
44.4
17.4
27.0
24.1
22.5
1.4
.3
-2.5
-1.8
-.7
75.4
44.8
17.9
26.9
30.5
28.8
1.4
.3
4.4
4.0
.6
68.9
46.8
18.2
28.5
22.2
20.4
1.4
.3
-7.1
-6.4
-.7
70.6
43.5
17.0
26.5
27.1
25 A
1.4
.3
-.9
1.9
-2.8
74.7
49.0
17.0
32.0
25.7
24.1
1.4
.3
2.7
3.8
-1.0
82.3
48.9
17.2
1.3
69.5
48.0
17.4
30.6
21.5
19.9
1.3
.3
-2.9
-.2
-2.7
.5
1.1
1.9
2.0
17.2
17.6
17.7
13.8
10.7
8.0
7.7
7.5
10.5
10.2
9.0
5.7
5.2
5.1
2.4
3.4
30.8
13.6
31.4
13.7
30.7
13.0
27.7
13.9
26.0
15.3
23.6
15.6
23.9
16.2
23.2
15.6
25.9
15.4
25.7
15.5
24.1
15.1
21.1
15.4
21.1
15.9
21.6
16.5
21.9
19.5
22.4
19.0
74.5
75.9
76.0
75.2
76.0
82.5
86.5
90.9
92.5
96.4
98.4
97.5
98.2
95.8
94.9
101.5
36.5
38.0
37.1
38.8
36.3
39.7
34.9
40.4
35.7
40.3
41.2
41.3
44.5
42.0
47.9
43.0
47.9
44.6
49.6
46.8
49.9
48.5
48.1
49.4
47.9
50.3
45.1
50.7
44.1
50.8
50.6
50.9
17.3
31.5
18.7
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT BUSINESS.
I
-.4
18.7
30.2
33.4
31.7
1.3
.4
7.7
6.6
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
and Seasonally Adjusted Quarterly Totals at Annual Rates, 1947-74
1972 dollars]
1958
720.4
679.5
1962
1961
1960
1959
736.8
755.3
1965
1964
1963
1966
1967
1968
1969
1970
1971
]L972
1973*
1974*
Line
799.1
830.7
574.4
925.9
981.0
1,007.7
1,051.8
1,078.8
1,075.3
1,107.5
1,171.1
1,233.4
1, 210.7
1
528.7
558.1
586.1
603.2
633.4
655.4
668.9
691.9
733.0
766.3
759.8
2
73.4
244.0
240.7
79.0
255.5
251.6
79.7
259.5
264.0
88.2
270.2
275.0
91.9
276.4
287.2
88.9
282.7
297.3
98.1
287.5
306.3
111.2
299.3
322.4
120.9
309.6
335.8
112.5
303.0
344.4
3
4
5
419.0
441.5
453.0
462.2
482.9
501.4
46.4
196.8
175.8
51.8
205.0
184.7
52.5
208.2
192.3
50.3
211.9
200.0
55.7
218.5
208.7
60.7
223.0
217.6
65.7
233.3
229.7
87.7
107.4
105.4
103.6
117.4
124.5
132.1
150.1
161.3
152.7
159.5
168.0
154.7
166.8
188.3
207.4
180.0
6
144.6
106.1
42.5
63.6
38.5
36.9
.9
.8
16.7
16.9
—.2
140.7
103.5
41.1
62.4
37.2
35.5
.9
.8
12.0
11.2
.8
150.8
108.0
42.0
66.1
42.8
41.1
.8
.9
8.7
8.5
# 2
157.5
114.3
44.0
70.3
43.2
41.5
.9
.9
10.6
10.3
150.4
110.0
42.8
67.2
40.4
38.9
.6
.9
4.3
3.9
.4
160.2
108.0
41.7
66.3
52.2
50.5
.7
1.0
6.6
5.2
1.5
178.8
116.8
42.5
74.3
62.0
60.3
.7
1.1
9.4
8.8
.6
191.4
131.3
45.3
85.9
60.1
58.4
.5
1.2
16.0
13.6
2.4
172.2
127.5
42.7
84.9
44.7
42.6
.8
1.3
7.7
8.5
-.8
7
8
9
10
11
12
13
14
15
16
17
89.6
58.9
26.4
32.5
30.6
29.2
.9
.5
-1.8
-2.9
1.0
101.0
62.9
26.8
36.1
38.1
36.5
1.0
.6
6.5
6.4
.0
101.0
66.0
28.8
37.2
35.0
33.7
.8
.5
4.4
4.0
.3
100.7
65.6
29.3
36.3
35.1
33.6
1.0
.5
2.9
2.4
.5
109.3
70.9
30.8
40.1
38.4
36.9
.9
.6
8.1
6.9
1.3
116.8
73.5
30.8
42.7
43.2
41.7
.9
.6
7.8
6.6
1.2
124.8
81.0
33.3
47.7
43.8
42 2
7.3
7.9
-.6
138.8
95.6
39.6
56.0
43.2
41.6
.8
.7
11.3
10.1
1.2
3.5
.9
5.5
6.7
5.8
7.3
10.9
8.2
4.3
3.5
-.4
-1.3
1.4
-.6
-3.3
7.2
16.6
18
30.7
27.2
169.3
31.5
30.6
35.8
30.3
37.0
30.3
39.6
33.9
4° 2
35.0
47.8
36.9
49.1
41.0
51.6
47.3
54.2
50.7
58.5
58.9
62.2
63.5
67.1
65.7
67.9
68.5
72.7
75.9
87.6
80.4
97.6
81.0
19
20
170.7
172.9
182.8
193.1
197.6
202.7
209.6
229.3
248.3
259.2
256.7
250.2
249.4
253.1
252.5
254.3
21
92.8
76.4
91.8
78.9
90.8
82.0
95.6
87.1
103.1
90.0
102.2
95.4
LOO. 6
L02.1
100.5
109.1
112.5
116.8
125.3
123.1
128.3
130.9
121.8
134.9
110.7
139.5
103.9
145.5
102.1
151.0
96.1
156.3
95.0'
159.3
22
23
II
III
IV
I
II
IV
III
I
II
.3
1954
1953
1952
1951
I
~!5
III
IV
I
1955
II
III
1956
IV
I
II
III
IV
I
II
Line
III
IV
562.4
573.2
584.7
585.7
591.3
592.1
598.3
612.5
622.2
626.2
622.4
616.4
608.1
605.6
614.4
626.1
641.1
650.8
660.3
667.0
664.1
667.5 667.9 675.7
1
346.5
338.5
341.4
342.8
343.5
349.5
351.0
359.6
363.7
365.3
364.4
363.5
364.4
367.1
372.7
379.5
386.2
393.2
397.4
403.6
404.1
404.8 406.0 410.2
2
45.2
164.7
136.6
38.9
162.7
137.0
37.9
166.0
137.5
37.8
167.7
137.4
38.4
166.5
138.6
39.3
170.3
139.9
36.8
172.8
141.4
41.4
174. 9
143.3
43.2
176.1
144.3
42.7
176.6
146.0
42.7
175.2
146.5
43.5
174.9
145.2
41.9
175.8
146.7
42.5
175.0
149.6
43.5
177.2
152.0
46.1
180.0
153.3
49.2
181.4
155.6
52.4
184.4
156.4
53.9
185.9
157.6
53.3
189.8
160.5
50.4
191.6
162.1
49.9 49.2 49.8
191.1 191.2 192.5
163.8 165.7 167.9
3
4
5
96.8
100.3
94.0
85.5
86.6
77.6
80.8
87.8
87.9
89.3
86.2
78.8
79.4
80.0
84.2
90.0
98.0
104.1
106.1
108.0
104.2
102.9 102.5 102.0
83.4
51.8
20.3
31.4
31.6
30.0
1 3
80.3
53.0
21.1
31.9
27.3
25.7
1 3
79.4
53.9
20.9
32.9
25.5
23.9
1 3
78.6
52.9
20.1
32.8
25.7
24.2
1 3
79.3
53.1
20.2
33.0
26.2
24.7
1 2
80.3
53.7
20.4
33.3
26.6
25.2
1.1
75.3
48.9
20.6
28.3
26.4
25.0
1.1
80.6
52.8
21.3
31.5
27.8
26.2
1.2
83.9
55.6
22.0
33.7
28.3
26.8
1.1
84.2
65. 8
22.4
33.4
28.4
26.9
1.2
84.4
57.0
oo 5
34.4
27.4
25.9
1.2
83.8
56.6
23.0
33.7
27. 2
26!?
1.2
82.8
55.3
23.4
31.9
27.5
26.1
1.1
84.1
54.8
23.6
31.2
29.3
27.9
1.1
87.0
55.9
23.6
32.3
31.1
29.7
1.1
88.5
55.5
23.6
31.9
33.0
31.6
1.0
92.1
56.6
24.4
32.2
35.5
34.2
.9
96.1
60.1
24.9
35.2
36.0
34.7
.9
98.3
63.1
25.7
37.4
35.2
33.9
.9
98.8
65.1
26.2
38.9
33.7
32.4
.9
96.6
64.2
27.2
37.0
32.5
31.1
1.0
.4
.4
.4
13.4
11.9
1 6
19.9
18.4
1 5
14.6
12.9
1 7
7.0
5.3
1 7
7.3
5.8
1 5
-2.7
- 3 . 99
I.
5.4
4.3
1.1
7.2
6.2
1.0
3.9
4.2
-.3
5.1
5.4
-.3
1.9
2.1
-.3
-5.0
-5.0
.1
-3.4
-3.8
.4
-4.1
-4.8
.8
—2.7
-3.8
1.0
1.5
-.1
1.6
5.9
5.2
.7
8.0
7.8
9.2
8.9
0
7.8
7.2
.6
2.0
2.1
1.5
2.1
2.3
2.8
4.3
4.8
5.9
5.9
3.7
4.8
4.4
3
3
3
3
3
3
3
.4
.4
4
.3
.3
.3
.3
.4
.4
.4
.3
.5
7.5
8.5
-1.0
97.4
65.2
28.2
36.9
32.3
30.8
1.0
.4
5.5
7.1
-1.6
97.6
66.0
28.6
37.4
31.6
30.2
1.0
.5
14
5.4
5.2
.2
15
16
17
6.8
9.3
9.6
8.7
5.9
3.1
5.0
6.8
7.7
23.4
19.4
27.1
17.8
27.6
18.0
27.9
19.1
25.0
19.0
23.3
20.1
23.7
21.7
23.5
21.4
24.0
22.5
24.3
22.2
23.7
21.3
23.2
20.4
25.9
21.6
25.4
20.5
26.6
20.7
27.7
21.8
26.9
23.2
28.5
23.6
28.6
24.2
30.0
25.1
31.9
25.1
33.2
25.5
115.1
25.5
18.7
127.7
140.0
147.7
152.4
159.1
163.4
163.1
168.6
170.1
169.7
171.8
161.4
154.3
152.6
150.7
151.0
149.7
151.9
150.9
150.8
64.6
50.5
76.3
51.3
88.4
51.6
96.1
51.6
100.4
52.0
106.2
52.9
111.5
52.0
110.0 113.5
53. C 55.1
115.9
54.2
114. 2
55.5
115.0
56.8
102.9
58.5
95.4
58.9
Q9 2
89.9
60.8
87.9
63.1
85.$
64.0
87.8
64.1
86.3
64.6
85.5
65.3
4
6
7
8
9
10
11
12
13
4.9
5.6
-.7
4.1
66!4
96.6
65.5
28.5
37.0
31.1
29.7
1.0
9.7
18
34.1
24.4
152.9 151.7 153.9
19
20
86.4
67.4
22
23
86.6
66.3
85.0
66.7
21
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
Table 1.2.—Gross National Product in Constant Dollars: Annually, 1946-74,
[Billions of
1958
1957
1959
Line
III
I
II
676.7
663.4
668.2
684.4
702.1
710.7
726.3
718.6
726.2
416.9
411.9
415.7
421.8
426.5
435.1
440.8
444.4
445.6
46.1
193.4
172.4
45.6
194.9
175.2
46.2
198.3
177.4
47.8
200.6
178.1
50.6
203.2
181.3
52.5
204.6
183.7
53.3
205.5
185.6
50.8
206.8
188.0
81.1
88.4
98.3
103.3
114.6
102.3
109.6
87.2
58.5
26.5
31.9
28.7
27.4
.9
.4
-6.2
-7.1
.9
88.0
57.2
25.8
31.4
30.8
29.4
.9
.5
.3
-.7
1.0
93.0
58.9
25.9
32.9
34.1
32.6
.9
.6
5.3
4.3
1.0
60.4
25.7
34.7
37.9
36.3
.9
.6
5.0
5.0
.0
101.6
62.4
26.7
35.8
39.2
37.6
1.0
.6
13.0
12.9
.1
102.6
64.3
27.4
36.9
38.3
36.8
1.0
.5
-.4
-.3
-.1
101.4
64.5
27.4
IV
I
II
Gross national product
680.4
680.9
685.6
Personal consumption expenditures
412.6
413.2
416.1
51.0
193.1
168.5
49.8
193.9
169.6
49.0
196.7
170.3
49.0
195.7
172.2
98.7
98.2
100.1
91.9
83.2
96.2
65.9
28.2
37.7
30.4
28.9
1.0
.5
2.5
2.4
.1
95.3
65.7
28.2
37.5
29.6
28.2
1.0
.4
2.9
2.5
.4
96.4
67.1
28.1
38.9
29.3
27.9
1.0
.4
3.7
2.9
.8
94.9
65.4
28.0
37.4
29.5
28.1
.9
.4
-3.0
-4.3
1.3
90.0
61.2
27.5
33.7
28.7
27.5
.9
.3
-6.8
-7.9
1.1
Durable goods
Nondurable goods
Services
Gross private domestic investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Nonfann structures
Farm structures
Producers' durable equipment
Change in business inventories
Nonfann
Farm
Net exports of goods and services
Exports
Imports
Government purchases of goods and services.
Federal
State and local
III
IV
II
III
IV
37.1
36.9
35.5
1.0
.5
8.2
8.1
.1
10.1
9.5
8.9
6.9
4.2
3.5
4.0
2.4
.5
-.3
1.6
1.6
36.2
26.1
35.8
26.3
34.6
25.7
32.8
25.9
30.3
26.2
30.8
27.3
31.0
27.0
30.9
28.5
30.0
29.5
30.5
30.8
33.0
31.4
32.3
30.7
159.0
159.9
160.6
161.1
164.2
168.0
170.2
174.9
171.8
171.3
170.3
169.3
90.0
69.0
90.3
69.6
89.9
70.6
88.8
72.2
90.2
74.0
92.6
75.3
93.3
76.9
95.4
79.5
92.9
78.9
92.4
78.9
91.2
79.1
90.7
78.6
1967
1968
Line
III
II
II
IV
III
IV
II
III
IV
Gross national product
969.6
976.3
985.4
994.4
1,001.3
1,013.6
1,021.5
1,031.4
1,049.4
1,061.8
1,064.7
Personal consumption expenditures
581.7
582.8
589.0
590.8
595.1
602.9
605.8
608.8
620.8
628.0
640.8
644.0
80.4
253.5
247.8
76.9
255.4
250.5
79.4
257.2
252.5
79.1
255.9
255.7
77.5
258.3
259.3
80.9
259.4
262.6
80.1
259.5
266.2
80.2
260.8
267.8
85.2
266.0
269.7
86.6
.268.4
90.5
273.2
277.1
90.7
273.2
280.1
161.0
164.0
160.1
160.2
150.9
147.1
153.3
159.4
155.1
159.9
162.6
147.5
104.7
42.8
62.0
42.7
40.8
1.1
.8
13.5
12.4
1.1
146.2
106.1
42.2
63.8
40.1
38.8
.6
.8
17.8
18.1
-.2
145.0
107.0
43.1
63.9
38.0
36.3
.9
.8
15.1
15.6
-.5
139.7
106.4
41.8
64.6
33.3
31.5
1.0
.7
20.5
21.5
-1.0
136.4
103.7
41.9
61.8
32.7
30.9
1.1
.7
14.6
14.4
.1
103.3
40.8
62.6
36.3
34.7
.8
.7
7.5
6.8
.7
141.1
102.8
41.1
61.7
38.4
36.8
.8
.8
12.2
11.2
1.0
145.5
104.1
40.5
63.6
41.4
39.5
1.0
.9
13.8
12.5
1.3
148.9
106.9
42.2
64.7
41.9
40.2
150.7
107.9
41.3
66.6
42.8
41.1
.8
.9
9.2
9.1
.1
155.0
111.3
42.7
68.6
43.6
41.9
.8
.9
7.6
7.4
.2
Durable goods
Nondurable goods
Services
Gross private domestic investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment—
Residential
Nonfann structures
Farm structures
Producers' durable equipment
Change in business inventories
Nonfann
Farm
Net exports of goods and services
Exports
Imports
Government purchases of goods and senr
ices.
Federal
State and local
-
6.3
5.8
.4
273.0
160.6
148.9
105.9
41.6
64.3
42.9
41.3
.7
.9
11.8
11.7
.1
6.1
5.0
2.9
3.3
4.1
4.0
4.1
2.0
-.4
.7
.2
51.3
45.2
51.0
46.0
51.8
48.9
52.4
49.1
53.9
49.8
53.6
49.6
54.4
50.3
55.1
53.1
56.2
56.6
58.4
57.8
61.1
60.9
58.3
60.3
220.7
224.4
233.4
238.6
244.3
247.3
250.4
251.3
255.8
260.2
260.9
260.0
106.5
114.2
108.8
115.7
116.5
116.9
118.4
120.3
122.6
121.7
124.8
122.5
127.3
123.1
126.3
125.0
127.4
128.4
129.8
130.4
129.5
131.4
126.6
133.5
-2.0
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
and Seasonally Adjusted Quarterly Totals at Annual Rates, 1947-74—Continued
1972 dollars]
1961
1960
1963
1962
1964
1965
Line
I
II
III
IV
I
II
III
I
IV
III
II
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
740.7
738.9
735.7
731.9
736.6
749.0
758.7
776.9
788.1
798.3
804.3
805.8
813.5
823.7
838.8
846.9
861.1
872.0
880.5
883.9
903.0
916.4 932.3 <»52.0
1
449.2
455.1
453.6
454.1
454.8
460.8
462.2
471.1
475.3
480.7
484.6
490.8
493.9
498.3
504.8
508.4
517.4
526.4
535.0
536.0
546.7
551.4 559.8 I >74.5
2
52.2
207.2
189.8
53.4
209.5
192.2
52.9
208.1
192.6
51.5
208.1
194.4
48.6
209.6
196.6
49.3
211.6
199.8
50.4
211.7
200.1
52.8
214.8
203.6
53.9
216.5
205.0
55.2
217.3
208.2
55.7
219.3
209.6
58.1
220.8
212.0
59.2
221.5
213.2
60.4
222.3
215.5
61.1
224.1
219.6
62.0
224.2
222.2
64.1
228.2
225.1
65.6
232.2
228.5
67.6
236.1
231.3
65.4
236.7
233.9
71.4
239.3
236.1
71.4 73.9 76.9
240.9 244.1 I>51.8
239.1 241.9 SM5.9
3
4
5
118.5
106.7
101.8
94.7
93.9
101.2
107.9
111.3
116.7
119.1
119.1
114.8
118.3
122.9
127.8
129.2
130.1
131.9
132.2
134.3
146.7
148.5 152.5 1 52.6
6
104.9
66.7
28.7
38.0
38.2
36.8
.9
101.8
67.0
28.3
38.7
34.8
33.6
.7
98.8
65.2
28.5
36.8
33.5
32.1
.9
98.6
65.2
29.7
35.5
33.4
32.1
.8
97.7
64.0
29.6
34.3
33.8
32.2
1.1
99.2
65.2
29.2
36.0
34.0
32.6
.8
101.3
65.6
29.3
36.3
35.7
34.4
.7
104.6
67.6
29.2
38.4
37.0
35.1
1.4
109.9
71.3
30.8
40.4
38.6
37.2
.8
111.1
110.1
71.3
31.1
40.2
38.8
37.3
.9
110.7
70.5
29.7
40.8
40.2
38.6
.9
118.5
74.6
31.1
43.4
43.9
42.6
122.0
76.4
31.4
45.0
45.6
44.0
1.0
124.0
77.6
31.6
46.0
46.4
44.6
4.7
3.4
1.3
126.4
84.5
34.7
49.8
41.9
40.4
.9
7
7.9
8.6
—.7
133.4
90.0
36.6
53.4
43.4
41.6
1.1
8.0
6.6
1.4
124.0
79.9
33.1
46.8
44.1
42.5
.9
.7
8.0
8.6
-.6
124.9
82.2
34.0
48.2
42.8
41.2
.9
9.2
8.0
1.2
116.0
72.7
31.1
41.6
43.3
41.6
1.0
.6
7.0
5.6
1.4
137.9 140.1 3 43.8
93.8 97.1 1 01.5
39.6 39.8 42.4
54.2 57.3 59.1
44.1 43.0 42.3
42.8 41.3 40.8
g
9
6
g
7
7
10.6 12.4
8.8
9.5 10.9
7.5
1 \
1 5
1 3
7
8
9
10
11
12
13
14
15
16
17
.5
.5
4.9 '
4.5
.3
3.0
2.5
.5
-3.9
-4.2
.3
-3.8
-4.1
.4
1.9
1.6
.3
6.6
6.1
.5
6.7
6.1
.6
106.1
69.0
29.6
39.4
37.1
35.7
.9
.5
10.6
9.6
1.0
3.8
4.6
5.9
7.7
8.5
6.2
6.0
6.2
5.0
6.8
6.2
5.2
5.4
7.5
7.0
9.1
11.9
10.3
10.8
10.5
7.2
9.2
8.7
7.6
18
34.6
30.8
35.6
31.0
36.3
30.3
36.7
29.0
37.5
29.0
35.5
29.3
37.2
31.2
38.0
31.9
37.9
32.9
40.4
33.7
40.3
34.1
39.9
34.7
39.5
34.1
4*> 2
34*! 8
42.5
35.5
44.6
35.5
47.4
35.5
46.6
36.4
48.1
37.3
48.9
38.4
44.1
37.0
51.0
41.8
50.5
41.8
50.8
43.3
19
20
169.2
172.4
174.4
175.4
179.3
180.9
182.6
188.3
191.1
191.8
194.5
194.9
195.9
195.1
199.2
200.2
201.7
203.5
202.4
203.2
202.5
207.2 211.3 2 17.4
21
89.3
79.9
90.8
81.6
91.5
82.9
91.7
83.7
93.0
86.4
94.9
86.0
95.7
86.9
99.0
89.3
102.4
88.7
102.4
89.3
104.0
90.5
103.5
91.4
102.6
93.3
101.0
94.0
102.6
96.5
102.3
97.9
102.2
99.5
101.7
101.8
99.5
103.0
99.0
104.3
97.2
105.3
99.3
107.9
22
23
5
13.5
13.4
9
5
.5
.5
II
.5
III
IV
I
II
31.' 8
40.3
38.9
37.4
.9
.5
1970
1969
I
.5
79 9
.6
.6
.6
7.6
6.3
1.3
I
IV
II
.6
7.1
6.2
.9
6.1
6.5
—.4
1972
1971
III
.6
9.3
8.1
1.2
III
IV
I
II
7.3
8.1
—.8
13.4
12.6
1973*
III
IV
I
II
LOO. 6 104.8
L10.7 1 12.6
1974*
III
IV
I
II
III
IV
1,074.8 1,079.6 1,083.4 1,077.5 1,073.6 1,074.1 1,082.0 1,071.4 1,095.3 1,103.3 1,111.0 1,120.5 1,141.2 1,163.0 1,178.0 1,202.2 1,227.7 1,228.4 1,236. £ 1,240.3 1,228.7 1,217.2 1,210. 2 1,186.8
L
i
n
e
1
649.9
653.0
656.8
661.9
665.4
668.7
673.6
668.0
682.3
689.5
693.6
702.3
713.7
728.1
737.5
752.8
765.8
766.2
770.1
762.«
760.0
763.2
767. 2
748.9
2
92.2
275.1
282.6
92.0
275.8
285.2
91.6
276.8
288.4
91.7
277.9
292.3
89.7
280.3
295.4
90.7
281.2
296.7
90.7
283.5
299.3
84.5
285.8
297.7
93.6
286.0
302.7
96.5
287.5
305.5
98.7
287.4
307.5
103.7
289.0
309.6
106.4
291.1
316.3
109.2
298.5
320.4
111.8
301.4
324.2
117.6
306.4
328.8
124.0
310.6
331.2
122.7
308.2
335.3
121.2
311.4
337.«
115.7
308.3
338. S
114.7
304.5
340.8
115.5
303.8
343.9
116. ii
304. 7
345. 7
102.9
298.9
347.2
3
4
5
168.9
170.6
171.6
161.1
154.7
154.8
156.7
152.7
162.2
168.4
167.0
169.7
179.1
186.2
190.2
197.6
205.0
206.1
206. C
212.6
195.9
183.8
173.. I
166.9
6
159.1
113.9
43.4
70.5
45.2
43.2
1.1
.9
9.8
9.5
.3
158.4
113.7
43.6
70.2
44.7
43.1
.6
.9
12.2
11.9
.3
158.1
115.2
44.8
70.4
42.9
40.9
1.2
.9
13.4
13.1
.3
154.3
114.2
44.2
70.0
40.1
38.6
.6
.9
6.8
6.7
151.8
111.6
43.0
68.6
40.2
38.6
.7
.9
2.9
2.4
.5
150.0
111.7
43.2
68.5
38.3
37.0
.4
.9
4.8
4.3
.5
150.4
110.8
42.8
68.0
39.6
38.1
.5
.9
6.3
6.1
.2
149.5
106.0
42.3
63.8
43.4
41.7
.8
.9
3.3
2.9
.3
154.3 158.4
107.8 107.1
41.9
42.2
65.7 . 65.2
51.3
46.4
49.7
44.9
.6
.6
1.0
1.0
7.9
10.0
6.0
8.6
1.4
1.9
162.1
107.4
41.8
65.6
54.6
52.8
.8
1.0
5.0
3.5
1.5
166.0
109.6
41.0
68.7
56.4
54.6
.7
1.1
3.7
2.6
1.1
174.3
113.3
42.2
7l! 1
60.9
59.2
.7
1.0
4.8
4.0
.8
176.1
114.6
42.3
72.2
61.6
59.9
.6
1.1
10.1
9.3
.8
178.2
116.5
42.4
74.1
61.7
59.9
.7
1.1
12.1
11.6
.5
186.7
122.9
43.2
79.7
63.8
62.1
.6
1.2
10.8
10.4
.4
193.2
128.6
44.4
84.3
64.5
62.7
.6
1.2
11.9
10.1
1.8
192.5
130.2
44.7
85.6
62.3
60.7
.4
1.2
13.6
11.2
2.5
191.?
132.4
46.2
86.2
59.4
57. £
.1
1.:
14.:
11.2
2.1
188.2
133. S
46.2
87.7
54.3
52.4
.6
1.2
24.4
22. C
24
183.6
134.5
46.1
88.4
49.1
46.9
.9
1.3
12.4
11.7
6
177.0
129.9
43.5
86.3
47.1
45.0
.7
1.3
6.8
7.7
—8
169. () 159.3 7
125. () 120.8 8
40. (> 40.5 9
8 4 . 'I
80.3 10
44. I
38.5 11
42. ()
36.4 12
. 9 13
1.2 14
1.:I
7.6 15
4/I
9.0 16
5.(5
—1 1' —1 5 17
-1.7
-2.4
-.6
-.6
1.4
1.4
2.5
.3
1.6
-1.4
-.2
-2.4
-5.7
-4.4
-1.6
-1.4
2.1
5.6
8.S
12.1
18.7
15.3
15. L
17.4 18
54.6
56.2
64.6
67.1
65.2
65.8
64.4
65.1
67.2
65.8
67.7
66.3
67.4
64.9
66.1
65.8
67.5
65.9
69.1
70.5
70.6
70.8
64.4
66.8
70.7
76.4
69.7
74.1
77.0
78.4
84.5
82.3
86.7
81.1
88.4
79.1
90.7
78. €
98.1
79.5
99.5
84.2
96. <)
81. <)
95.7 19
78.3 20
257.6
258.4
255.7
255.1
252.2
249.2
249.2
250.3
249.2
246.8
250.5
251.0
254.1
253.2
73.3
74.9
252.0
253.2
254.7
250.5
251.1
253.5
254.0
255.0
254.' 1
253.6 21
123.9
133.7
123.4
135.0
120.6
135.1
119.4
135.7
115.2
136.9
111.3
137.9
108.5
140.8
108.0
142.4
105.7
143.5
102.0
144.8
104.7
145.8
103.2
147.7
104.9
149. 2
103.5
149.7
100.6
151.4
99.6
153.6
100.4
154.3
94.9
155.5
94.:
156. <
94. <J
158. B
94.7
159.3
94.7
160.2
95.' '
159. ()
94.7 22
158.9 23
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
10
Table 1.3.—Gross National Product by Major Type of Product: Annually, 1946-74,
[Billions of
1946
Gross national product..
1947
1948
209.6
1949
1950
1951
1952
1953
1954
1955
1956
1957
259.1
258.0
286.2
330.2
347.2
366.1
366.3
399.3
420.7
442.8
Final sales
Change in business inventories..
203.2
6.4
233.2
-.5
254.4
4.7
261.1
-3.1
279.4
6.8
319.9
10.3
344.0
3.1
365.7
.4
367.8
-1.5
6.0
416.0
4.7
441.4
1.3
Goods.
Final sales
Change in business inventories-
125.3
118.9
6.4
139.8
140.3
-.5
154.4
149.7
4.7
147.7
150.8
-3.1
162.4
155.6
6.8
189.5
179.2
10.3
194.6
191.5
3.1
203.1
202.7
.4
196.1
197.6
-1.5
214.5
208.5
6.0
223.3
218.6
4.7
232.3
231.0
1.3
Durable goods
Final sales
Change in business inventories. _
37.2
31.8
5.3
45.8
44.1
1.7
47.6
46.9
.7
46.2
48.3
-2.1
58.8
54.7
4.1
69.5
62.5
6.9
68.7
67.6
1.1
72.4
71.5
.9
66.4
69.0
-2.5
81.3
78.2
3.0
85.1
82.3
2.8
88.5
87.3
1.3
Nondurable goods
Final sales
Change in business inventories..
88.1
87.1
1.1
94.0
96.2
-2.2
106.7
102.8
4.0
101.5
102.5
-1.0
103.6
100.9
2.7
120.0
116.7
3.4
125.9
123.9
2.0
130.8
131.2
-.5
129.6
128.7
1.0
133.2
130.3
2.9
138.1
136.3
1.9
143.7
143.7
.0
68.6
15.7
71.3
21.7
76.7
28.0
81.9
28.4
88.2
35.6
102.9
37.8
113.1
39.4
121.0
42.0
125.7
44.5
135.3
49.5
145.2
52.2
157.5
53.0
Services
Structures..
1947
II
Gross national product
Final sales
Change in business inventories
___
1948
III
IV
II
1949
III
IV
1950
II
III
IV
II
III
IV
224.9
229.1
233.3
243.6
249.6
257.1
264.0
265.5
260.1
256.6
258.6
256.5
267.4
276.9
2S4.5
305.9
224.5
.4
230.1
-1.0
236.0
-2.7
242.2
1.4
246.3
3.3
251.9
5.1
257.9
6.1
261.1
4.3
260.1
.0
262.0
-5.3
260.4
-1.7
261.8
-5.3
265.0
2.4
272.1
4.8
289.6
4.9
290.9
15.1
135.2
157.3
Goods..
Final sales
Change in business inventories..
137.8
138.8
-1.0
139.9
134.8
.4
142.6
-2.7
146.3
144.9
1.4
150.0
146.7
3.3
153.3
148.2
5.1
151.2
6.1
156.9
152.6
4.3
151.8
151.8
.0
147.4
152.7
-5.3
148.0
149.7
-1.7
143.7
149.0
-5.3
150.5
148.1
2.4
155.7
150.9
4.8
167.6
162.8
4.9
175.7
160.6
15.1
Durable goods
Final sales
Change in business inventories..
44.2
42.3
1.9
45.8
44.2
1.6
47.5
44.3
3.2
45.7
45.6
.1
47.1
46.7
.4
46.2
45.6
.5
48.5
47.5
1.0
48.8
47.7
1.1
48.1
47.6
.5
44.8
49.1
-4.3
48.5
48.5
-.1
43.5
48.1
-4.6
48.3
49.0
-.7
54.9
51.2
3.6
63.4
60.9
2.5
68.6
57.8
10.8
Nondurable goods
Final sales
Change in business inventories..
91.0
92.5
-1.4
92.0
94.6
-2.6
92.4
98.3
-6.0
100.6
99.3
1.3
102.9
100.0
2.9
107.2
102.6
4.6
108.8
103.7
5.1
108.1
104.9
3.2
103.7
104.2
-.5
102.6
103.6
-1.0
99.5
101.2
-1.7
100.2
100.9
-.7
102.2
99.1
3.1
100.8
99.7
1.2
104.3
101.9
2.4
107.1
102.9
4.3
70.4
19.3
71.6
19.7
71.3
22.2
71.9
25.4
73.5
26.0
75.5
28.2
77.7
29.0
80.2
28.3
80.8
27.5
81.7
27.5
82.2
28.4
82.7
30.1
84.8
32.1
86.3
34.8
89.3
37.6
92.4
37.8
Services....
Structures.
1957
I
Gross national product
Final sales
Change in business inventoriesGoods
Final sales
Change in business inventories..
Durable goods
:
Final sales
Change in business inventoriesNondurable goods
Final sales
Change in business inventories.
Services
Structures
II
1958
III
IV
I
II
1959
III
IV
I
II
III
IV
438.9
441.0
448.2
442.8
435.8
439.9
453.1
466.3
476.0
489.9
486.5
493.5
436.8
2.1
438.7
2.3
445.1
3.2
445.1
-2.2
441.2
-5.4
445.0
-5.1
453.1
.1
462.2
4.1
472.0
4.0
479.5
10.4
486.5
.0
486.9
6.5
232.7
230.6
2.1
231.9
229.6
2.3
236.2
233.0
3.2
228.3
230.6
-2.2
221.4
226.9
-5.4
222.2
227.3
-5.1
230.5
230.4
.1
238.3
234.2
4.1
241.7
237.7
4.0
251.7
241.4
10.4
245.5
245.4
.0
250.8
244.2
6.5
89.2
87.9
1.4
89.1
86.9
2.3
91.4
88.0
3.4
84.4
86.3
-1.9
75.0
81.0
-6.1
73.6
79.1
-5.5
78.5
79.6
-1.1
83.8
82.3
1.5
89.0
85.5
3.5
95.2
87.8
7.4
87.0
89.7
-2.7
89.1
86.5
2.6
143.5
142.8
.7
142.8
142.7
.0
144.8
145.0
-.2
143.9
144.3
146.5
145.9
.7
148.6
148.2
.4
152.0
150.8
1.2
154.5
151.8
2.6
152.7
152.2
.5
156.5
153.6
2.9
158.5
155.7
2.8
161.7
157.8
3.9
153.2
53.0
156.2
52.9
159.1
53.0
161.6
52.9
162.0
52.4
165.7
52.0
168.9
53.7
171.1
57.0
174.7
59.6
177.5
60.7
181.2
59.9
184.8
57.9
1966
I
II
1968
1967
III
IV
II
III
II
IV
III
IV
9 national product.
733.7
747.6
759.0
771.7
777.5
785.8
818.7
837.3
861.8
880.0
894.7
Final sales
Change in business inventories-
722.2
11.5
732.2
15.3
746.0
13.0
754.2
17.5
765.2
12.3
779.7
6.1
792.9
10.3
807.0
11.7
832.0
5.3
851.4
10.5
872.1
8.0
887.6
7.1
Goods.
Final sales
Change in business inventories.
363.7
352.2
11.5
371.4
356.1
15.3
376.5
363.5
13.0
384.1
366.6
17.5
382.2
369.9
12.3
382.8
376.7
6.1
389.9
379.6
10.3
394.2
382.5
11.7
402.1
396.8
5.3
416.7
406.2
10.5
426.2
418.2
8.0
430.7
423.6
7.1
Durable goods..
Final sales
Change in business inventories-
145.1
137.8
7.3
147.2
136.7
10.5
150.2
140.1
10.1
153.7
141.5
12.2
146.2
139.8
6.4
147.0
144.4
2.6
149.2
144.1
5.1
152.5
145.5
7.0
154.4
150.9
3.5
161.5
153.9
7.5
165.1
161.2
4.0
168.4
163.6
4.8
Nondurable goods
Final sales
Change in business inventories..
218.6
214.4
4.2
224.2
219.4
4.8
226.3
223.4
2.9
230.3
225.1
5.3
236.0
230.1
5.9
235.8
232.3
3.5
240.7
235.5
5.2
241.7
237.0
4.7
247.6
245.8
1.8
255.2
252.3
2.9
261.0
257.0
4.0
262.3
260.0
2.3
287.0
83.0
293.9
82.3
301.1
81.4
308.8
78.8
315.6
79.7
321.6
81.5
329.5
83.7
337.7
344.2
91.0
352.9
92.3
361.8
92.1
367.5
96.5
Services.—
Structures.
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT BUSINESS.
NOTE.—"Final sales" is classified as durable or nondurable by type of product. Change
in business inventories" is classified as follows: For manufacturing, by the type of product
produced by the establishment holding the inventory; for trade, by the type of product sold
by the establishment holding the inventory; for construction, durable; and for other industries, nondurable.
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
11
and Seasonally Adjusted Quarterly Totals at Annual Rates, 1947-74
dollars]
1959
• 1958
1962
1961
1964
1963
1965
1966
1967
1968
1970
1969
523.3
563.8
594.7
635.7
688.1
753.0
796.3
868 .5
521.1
2. 2
557.3
' 6.5
588.8
6.0
629.9
5.8
678. e
9.5
738.7
14.3
786.2
10.1
1971
1972
1973*
1974*
Line
J35.5
<)26.2
9.4
982.4
1,063.4
1,171.1
1,306. 3
1 ,406.9
1
978.6
3.8
1,057.1
6.4
1 161.7
9.4
1,288.8
17.5
1 397.2
9.7
2
3
146.2
136.8
9.4
456.2
452.4
3.8
479.8
473.5
6.4
526.0
516.6
9.4
599.8
582.3
17.5
636.3
626.5
9.7
4
5
6
L75.3
L69.2
6.1x
170.8
170.7
.0
181.6
179.8
1.8
208.4
202.1
6.3
239.1
228.8
10.3
246.1
238.5
7.5
7
8
9
450.4
-1.5
481.2
5.2
506. ()
502.1>
3.SI
228.2
229. 7
-1.5
247.4
242.2
5.2
254.J
250. (i
3.SI
256.5
254.3
2.2
278.0
271.5
6.5
289.7
283.7
6.0
309.0
303.2
5.8
336.6
327.1
9.5
373.9
359.6
14.3
387.3
377.2
10.1
77.7
80.5
—2.8
90.1
87.4
2.7
91.1
89. L
<30.0
30.2
-.1
102.0
98.4
3.6
108.0
105.4
2.7
118.9
115.0
3.9
133. e>
127. C)
[
149.1
139.0
10.0
148.7
143.5
5.3
860.8
7.7
418 .9
411 2
7. 7
162 4
157 4
50
150.5
149.2
1.3
157.4
154.8
2.5
162.8
161.4
1.4
166.5.
164.1
2.3
176.1
173.2
2.9
" 181.6
178.3
3.3
190.1
188.2
1.9
203.1
200.1
224.9
220.6
4.3
238.5
233.7
4.8
256.5
253.8
2.8
270.9
267.6
3.3
285.4
281.7
3.7
298.3
293.7
4.6
317.7
314.5
3.2
360.7
353.5
7.2
390.2
388.0
2.2
10
11
12
166.9
53.8
179.5
59.5
193.2
58.<I
206.7
60.1
221.5
64.3
236 .2
68.9
254.4
72.4
272/ r
78.*\
297.7
81.4
326.1
82.9
356 .6
93 .0
588.7
100.7
424.6
101.6
465.5
118.1
510.8
134.3
559. 5
147. 0
624.1
146.6
13
14
448.9
"
1960
486.5
1954
1953
1952
1951
6.e
<•
1955
1956
Line
I
II
III
IV
I
II
III
IV
I
II
Ill
IV
I
II
III
IV
I
II
319.9
327.7
334.4
338.5
341.1
341.3
347.0
359.2
365.4
368.8
367.8
362.6
362.0
361.8
366.2
375.0
387.5
395.4
404.0
410.2
411.9
417.4 422.4 430.9
1
367.1
-4.5
364.6
-2.5
364.5
-2.7
368.4
-2.2
373.8
1.3
382.9
4.6
389.3
6.1
397.9
6.0
403.1
7.1
405.9
6.0
413.1 418.3 426.6
4.3
4.1
4.3
2
3
198.5
203.0
-4.5
197.0
199.5
-2.5
193.3
196.0
-2.7
194.0
196.1
-2.2
200.0
198.7
1.3
205.7
201.1
4.6
212.6
206.5
6.1
217.9
211.9
6.0
221.7
214.6
7.1
220.1
214.1
6.1
221.8 223.7 227.5
217.5 219.6 223.2
4.1
4.3
4.3
4
5
6
III
IV
I
309.4
10.5
312.5
15.2
324.1
10.4
333.4
5.1
336.0
5.2
343.6
-2.3
342.7
4.3
353.8
5.4
363.0
2.4
365.6
3.2
184.4
173.9
10.5
188.6
173.4
15.2
191.5
181.2
10.4
193.5
188.4
5.1
192.7
187.5
5.2
189.7
192.1
-2.3
193.2
189.0
4.3
202.8
197.4
5.4
204.3
201.9
2.4
205.6
202.5
3.2
367.1
.7
204.0
203.3
.7
67.4
62.4
5.0
70.6
60.1
10.6
70.9
62.1
8.8
68.9
65.5
3.4
70.8
67.7
3.1
66.9
68.7
-1.8
63.9
63.4
.5
73.4
70.6
2.8
74.8
71.5
3.4
74.0
71.8
2.1
74.4
72.1
2.4
66.2
70.5
-4.3
65.9
69.5
-3.6
64.9
68.7
-3.9
65.1
67.6
-2.5
70.0
70.1
-.1
74.4
72.5
1.9
81.7
77.6
4.2
83.8
81.5
2.4
85.1
81.4
3.7
84.8
79.7
5.1
117.0
111.5
5.5
118.0
113.3
4.7
120.6
119.1
1.6
124.6
122.9
1.7
121.9
119.8
2.1
122.9
123.3
-.5
129.3
125.5
3.8
129.5
126.8
2.6
129.5
130.4
-.9
131.7
130.7
1.0
129.6
131.3
-1.7
132.3
132.5
-.3
131.1
130.1
1.0
128.5
127.3
1.2
128.9
128.5
.4
130.0
128.6
1.4
131.3
128.6
2.7
130.9
129.0
1.9
134.1
130.4
3.7
136.6
133.2
3.4
97.2
38.4
101.4
37.7
105.6
37.3
107.6
37.4
110.1
38.4
112.5
39.0
114.3
39.5
115.6
40.8
119.1
41.9
121.0
42.1
121.9
41.9
121.9
42.1
122.4
42.7
124.8
43.7
127.0
45.2
128.6
46.4
133.2
48.6
133.1
49.7
136.1
50.0
138.9
49.6
1960
I
II
1962
1961
III
I
IV
II
III
IV
I
II
1963
III
I
IV
II
II
84.3
81.9
2.4
IV
I
II
83.7
82.9
.8
IV
87.8
84.8
3.0
7
8
9
135.3
134.3
1.0
137.5 140.0 139.8
135.6 136.7 138.4
3.3
1.9
1.3
10
11
12
141.1
50.7
143.5 145.8 150.5
52.2 52.9 52.8
13
14
1964
III
III
1965
III
IV
I
II
III
Line
IV
506.6
506.5
506.2
504.6
507.1
518.2
527.2
540.7
553.0
562.1
567.8
572.3
580.2
587.9
600.5
610.4
622.4
632.4
642.1
646.0
665.4
678.7 695.1 713.3
1
495.5
11.3
502.2
4.3
503.9
2.4
507.5
-2.9
510.1
-3.0
516.6
1.6
522.0
5.1
535.7
5.0
544.7
8.3
555.0
7.1
561.4
6.4
568.2
4.1
574.3
5.8
582.7
5.3
593.3
7.2
604.8
5.6
617.8
4.7
626.0
6.4
636.1
6.0
639.9
6.1
654.3
11.1
669.7 684.7 705.6
9.0 10.4
7.6
2
3
258.6
247.3
11.3
256.8
252.4
4.3
254.1
251.7
2.3
247.9
250.8
-2.9
246.3
249.3
-3.0
254.4
252.8
1.6
259.5
254.3
5.1
265.8
260.8
5.0
274.9
266.5
8.3
277.4
270.2
7.1
279.8
273.3
6.4
280.1
276.0
4.1
284.4
278.6
5.8
285.7
280.4
5.3
292.4
285.2
7.2
296.2
290.6
5.6
302.5
297.8
4.7
308.3
301.9
6.4
312.7
306.7
6.0
312.5
306.4
6.1
325.6
314.5
11.1
330.9 340.2 349.9
321.9 329.8 342.2
9.0 10.4
7.6
4
5
6
97.9
88.4
9.5
92.5
90.6
2.0
90.2
89.5
.7
85.4
88.0
-2.7
80.9
86.0
-5.0
87.6
89.1
-1.5
93.6
90.8
2.9
98.0
94.8
3.2
101.8
96.4
5.4
101.6
98.3
3.3
103.0
98.7
4.3
101.5
100.1
1.5
104.2
101.6
2.6
107.5
104.3
3.2
109.1
106.2
2.9
111.3
109.4
1.9
115.9
112.6
3.4
118.7
114.5
4.3
120.8
116.9
3.9
120.2
116.0
4.2
130.9
122.5
8.3
131.8 135.8 135.8
124.6 128.4 132.5
7.2
7.4
3.3
7
8
9
160.6
158.8
1.7
164.2
161.9
2.4
163.8
162.2
1.6
162.5
162.8
-.3
165.4
163.3
2.0
166.8
163.7
3.1
165.8
163.5
2.3
167.8
166.0
1.8
173.1
170.1
3.0
175.8
172.0
3.8
176.8
174.7
2.1
178.6
175.9
2.7
180.2
177.0
3.2
178.2
176.1
2.0
183.3
179.0
4.3
184.9
181.2
3.7
186.5
185.3
1.3
189.5
187.4
2.2
191.9
189.7
2.2
192.3
190.4
1.9
194.7
192.0
2.7
199.1 204.4 214.1
197.3 201.4 209.7
3.0
4.3
1.7
10
11
12
188.1
60.0
192.1
57.7
194.5
57.7
198.3
58.4
201.2
59.6
205.3
58.5
207.7
60.0
212.7
62.2
215.8
62.3
220.3
64.5
222.8
65.2
227.1
65.1
230.0
65.7
233.5
68.8
237.9
70.2
243.2
71.0
248.1
71.9
251.8
72.3
256.7
72.7
260.8
72.7
264.7
75.1
269.4 275.1 281.8
78.4 79.8 81.7
13
14
1970
1969
I
II
III
IV
I
II
. 1971
III
IV
I
II
1972
III
IV
I
II
1974 *
1973
III
IV
I
II
[II
IV
I
II
III
IV
Line
913.0 929.0
946.9
953.3
964.2
976.5
992.6
996.3 1, 034.0 1,056.2 1,072.4 1, 091.2 1, 127.0 1, 156.7 1, 181.4 1, 219.4 1, 265.0 1,287.8
319.7 1, 352.7 1,370.9 1, 391.0 1, 424.4 L,441.3
1
904.3 918.3
8.7 10.7
438.2 444.5
429.5 433.9
8.7 10.7
935.0
11.9
947.1
6.2
961.7
2.5
972.3
4.2
986.8
5.8
993.7 1, 026.5 1,046.5 1,067.6 1, 087.7 1, 122.3 1, 146.6 1, 169.3 1, 208.6 1, 252.6 1,273.5 1, 304.1 1, 325. ( 1, 356.1 1, 381.7 1, 420.0 1,430.9
10.1
4.7
10.4
2.6
9.6
4.8
3.5
12.1
4.4
12.4
10.8
14.3
15.6
27.7
14.9
9.3
7.5
2
3
450.6
438.7
11.9
451.4
445.2
6.2
450.7
448.1
2.5
457.0
452.8
4.2
462.0
456.2
5.8
455.2
452.6
2.6
473.6
466.1
7.5
478.2
468.6
9.6
481.1
476.3
4.8
486.5
483.0
3.5
501.9
497.1
4.7
521.2
511.1
10.1
531.6
519.5
12.1
549.4
538.6
10.8
578.0
565.6
12.4
588.2
573.9
14.3
605.3
589.7
15.6
627.fi
600.1
27.7
622.8
607.9
14.9
629.9
620.6
9.3
644.6
640.2
4.4
647.7
637.3
10.4
4
172.6 174.1
168.0 167.0
4.6
7.1
177.7
169.9
7.8
176.7
172.0
4.7
171.0
170.8
.2
173.6
173.5
.1
177.5
173.9
3.5
161.1
164.8
-3.7
178.9
176.7
2.2
182.2
177.0
5.2
181.1
180.3
.8
184.0
185.0
-1.0
194.7
193.1
1.6
204.0
198.4
5.5
210.1
203.9
6.2
224.8
213.0
11.8
233.3
226.5
6.8
237.7
228.2
9.5
241.6
230.2
11.4
243.7
230.2
13.1
238.0
231.4
6.7
240.4
237.7
2.7
251.7
245.8
5.9
254.1
239.3
14.9
7
8
9
265.7 270.5
261.5 266.9
4.1
3.5
272.8
268.8
4.1
274.7
273.2
1.5
279.7
277.4
2.3
283.4
279.3
4.1
284.5
282.3
2.3
294.1
287.8
6.3
294.6
289.3
5.3
296.0
291.6
4.5
300.0
296.0
4.0
302.5
298.0
4.5
307.2
304.0
3.2
317.2
312.7
4.5
321.5
315.6
6.0
324.7
325.6
-1.0
344.7
339.0
5.6
350.5
345.6
4.9
363.7
359.5
4.2
384.1 384.7
369. S 376.6
8.2
14.2
389.5
383.0
6.5
393.0
394.4
-1.4
393.6
398.0
-4.4
10
11
12
375.1 382.6
99.6 101.8
394.2
102.1
402.8
99.2
414.7
98.9
420.4
99.1
428.6
102.0
434.8
106.4
450.1
110.4
461.2
116.9
470.2
121.1
480.6
124.1
494.3
130.8
503.8
131.6
515.7
134.1
529.3
140.7
540.8
146.3
552.7
147.0
565.8
148.6
578.8
146.1
602.1
146.1
612.0
149.1
632.5
147.2
649.7
143.9
13
14
t
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
12
Table 1*4.—Gross National Product by Major Type
[Billions of
1947
Line
Gross national product.
Durable goods
Personal consumption expenditures..
Producers' durable equipment
Government purchases
Net exports
Change in business inventories
Nondurable goods
Personal consumption expenditures..
Government purchases
Net exports
Change in business inventories
Services
Personal consumption expendituresGovernment purchases
Net exports
Structures.
Private
Government .
1948
1949
1952
1953
1954
1955
1956
1957
232.8
259.1
258.0
286.2
330.2
347.2
366.1
366.3
399.3
420.7
442.8
45.8
47.6
46.2
58.8
69.5
68.7
72.4
66.4
81.3
85.1
88.5
20.4
15.6
1.4
6.6
1.7
22.9
17.6
2.2
4.2
.7
25.0
16.0
3.3
4.0
-2.1
30.8
18.2
3.7
2.1
4.1
29.8
20.2
9.7
2.8
6.9
29.1
20.1
15.6
2.8
1.1
32.5
21.9
14.3
2.8
.9
31.8
21.2
12.4
3.5
-2.5
38.6
24.3
11.5
3.7
3.0
37.9
26.8
13.0
4.6
2.8
39.3
29.0
13.3
5.6
1.3
94.0
106.7
101.5
103.6
120.0
125.9
130.8
129.6
133.2
138.1
143.7
90.9
1.8
3.5
-2.2
96.6
4.7
1.5
4.0
94.9
6.3
1.4
-1.0
98.2
3.6
-1.0
2.7
108.8
7.7
.3
3.4
113.9
10.2
-.2
2.0
116.5
16.1
-1.3
-.5
118.0
11.6
-.9
1.0
122.9
8.2
128.9
7.2
.1
1.9
135.2
7.9
.6
.0
71.3
76.7
81.9
88.2
102.9
113.1
121.0
125.7
135.3
145.2
157.5
50.4
19.4
1.5
55.3
20.6
.8
58.2
22.8
.9
63.0
24.4
.8
68.5
33.7
.8
74 0
39.3
-.2
80.6
41.2
-.8
86.1
40.2
-.6
92.1
43.9
-.7
99.2
46.5
-.5
105.9
51.8
-.2
"2 9
21.7
28.0
28.4
35.6
37.8
39.4
42.0
44.5
49.5
52.2
53.0
18.8
2.9
23.5
4.4
22.3
6.1
28.9
6.8
28.6
9.1
28.9
10.5
31.0
11.0
33.1
11.5
38.1
11.4
39.5
12.7
38.8
14.1
*Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY
OF CURRENT BUSINESS.
1951
1950
NOTE.—-"Change in business inventories" is classified as follows: For manufacturing, by
the type of product produced by the establishment holding the inventory; for trade, by
the type of product sold by the establishment holding the inventory; for construction,
durable; and for other industries, nondurable. The components of GNP other than change
in business inventories are classified as durable or nondurable by type of product.
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
13
of Product and Purchaser: Annually, 1947-74
dollars]
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973*
1974*
Line
448.9
486.5
506.0
523.3
563.8
594.7
635.7
688.1
753.0
796.3
868.5
935.5
982.4
1,063.4
1,171.1
1,306.3
1,406.9
1
77.7
90.1
91.5
90.0
102.0
108.0
118.9
133.6
149.1
148.7
162.4
175.3
170.8
181.6
208.4
239.1
246.1
2
36.8
25.4
14.3
4.0
-2.8
42.4
28.8
13.8
2.3
2.7
43.1
30.1
11.2
4.7
2.4
41.6
29.3
14.0
5.3
-.1
46.7
32.4
14.4
4.9
3.6
51.4
34.6
14.2
5.1
2.7
56.3
38.8
13.8
6.0
3.9
62.8
45.8
13.3
5.0
6.6
67.7
52.9
14.5
3.9
10.0
69.6
53.3
16.3
4.2
5.3
80.0
58.5
16.6
2.3
5.0
85.5
64.1
16.6
3.0
6.1
84.9
63.7
18.0
4.1
97.1
65.7
16.4
.6
1.8
111.2
75.3
17.9
-2.4
6.3
122.9
88.7
16.4
.7
10.3
121.9
94.9
15.8
5.9
7.5
3
4
5
6
7
150.5
157.4
162.8
166.5
176.1
181.6
190.1
203.1
224.9
238.5
256.5
270.9
285.4
298.3
317.7
360.7
390.2
8
139.8
10.0
-.6
1.3
146.4
9.6
-1.2
2.5
151.1
10.2
.2
1.4
155.3
8.6
.2
2.3
161.6
12.0
—.3
2.9
167.1
11.1
.2
3.3
176.9
10.5
.8
1.9
188.6
11.6
.0
2.9
204.7
16.0
-.1
4.3
212.6
21.5
-.4
4.8
230.4
25.1
-1.7
2.8
247.0
23.0
-2.4
3.3
264.7
18.4
-1.5
3.7
277.7
18.9
-2.8
4.6
299.3
19.1
-4.0
3.2
334.4
18.9
.2
7.2
375.7
23.5
-11.2
2.2
9
10
11
12
166.9
179.5
193.2
206.7
221.5
236.2
254.4
272.7
297.7
326.1
356.6
388.7
424.6
465.5
510.8
559.5
624.1
13
112.8
55.1
-1.0
121.9
58.2
-.6
130.7
63.1
-.5
138.1
68.3
.2
147.0
73.7
.9
156.1
79.0
1.1
167.1
85.1
2.1
178.7
91.3
2.6
192.4
104.0
1.2
208.1
116.9
1.1
225.6
129.4
1.6
247.2
140.3
1.1
269.1
154.2
1.3
293.4
168.3
3.8
322.4
185.2
3.1
351.3
201.8
6.4
388.3
222.8
13.0
14
15
16
53.8
59.5
58.4
60.1
64.3
68.9
72.4
78.8
81.4
82.9
93.0
100.7
101.6
118.1
134.3
147.0
146.6
17
38.1
15.7
43.5
16.0
42.6
15.8
42.9
17.2
46.3
18.0
49.6
19.3
52.0
20.4
56.7
22.1
57.3
24.1
57.4
25.5
65.3
27.7
72.7
28.0
73.4
28.2
87.9
30.2
103.5
30.8
114.2
32.8
107.6
39.0
18
19
.0
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
14
Table 1.5.—Gross National Product by Major Type of Product in Constant Dollars: Annually,
[Billions of
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
477.0
468.3
487.7
490.7
533.5
576.5
598.5
621.8
613.7
654.8
668.8
680.9
Final sales
Change in business inventories
464.9
12.2
468.5
-.2
482.2
5.5
495.1
-4.4
522.9
10.6
562.8
13.7
594.2
4.3
620.3
1.5
615.8
-2.2
647.1
7.7
663.0
5.8
679.4
1.5
Goods
Final sales
Change in business inventories
238.0
225.8
12.2
236.8
237.0
-.2
244.2
238.7
5.5
239.9
244.3
-4.4
261.5
250.9
10.6
283.1
269.4
13.7
292.3
288.0
4.3
306.9
305.4
1.5
292.2
294.4
-2.2
316.3
308.6
7.7
320.9
315.1
5.8
321.8
320.3
1.5
Durable goods
Final sales
Change in business inventories.
71.3
60.5
10.8
76.7
74.9
77.1
75.6
1.5
72.4
76.1
-3.7
90.7
84.4
6.3
102.4
92.6
1.8
102.3
100.6
1.8
107.3
105.9
1.4
98.1
101.7
-3.6
117.1
112.9
4.2
117.2
113.5
3.7
116.1
114.6
1.5
Nondurable goods
Final sales
•
Change in business inventories.
166.7
165.3
1.3
160.1
162.1
-2.0
167.1
163.1
4.0
167.5
168.2
-.8
170.7
166.5
4.2
180.7
176.8
3.9
187.4
2.5
199.6
199.5
.1
194.1
192.7
1.4
199.2
195.7
3.5
203.7
201.6
2.1
205.7
205.6
.0
199.7
39.4
186.9
44.7
190.9
52.5
197.0
53.7
206.0
66.0
229.0
64.4
240.6
65.6
245.5
69.4
247.0
74.5
257.6
80.9
267.2
80.7
279.3
79.9
Gross national product
Services
Structures
1947
1948
II
III
IV
II
1949
III
IV
1950
II
III
IV
II
III
IV
467.5
468.0
473.7
477.3
486.0
490.8
495.9
490.9
488.9
493.4
489.2
511.5
525.1
542.4
554.6
468.4
470.8
-2.9
471.0
2.7
473.2
4.1
480.4
5.6
483.9
6.9
490.6
5.3
491.3
-.3
496.1
-7.1
495.9
-2.5
496.9
-7.7
507.0
4.4
517.4
7.7
534.4
8.0
532.5
22.1
233.9
233.8
.1
237.0
238.0
236.3
239.1
-2.9
239.9
237.2
2.7
240.6
236.5
4.1
242.7
237.1
5.6
245.0
238.1
6.9
248.2
242.9
5.3
243.1
243.4
-.3
239.3
246.4
-7.1
241.2
243.8
-2.5
236.1
243.7
-7.7
250.0
245.5
4.4
255.6
247.9
7.7
266.8
258.8
8.0
273.4
251.3
22.1
Durable goods
Final sales
Change in business inventories.
75.3
74.2
1.1
77.4
75.5
2.0
78.4
74.3
4.1
75.5
75.6
-.1
78.7
77.6
1.0
75.6
74.3
1.2
76.5
74.8
1.8
77.6
75.7
2.0
75.6
75.5
.1
70.6
77.2
-6.6
75.4
76.4
-1.1
68.1
75.2
-7.1
76.5
76.6
-.1
85.8
80.1
5.6
96.9
93.1
3.7
104.2
87.7
16.4
Nondurable goods
Final sales
Change in business inventories
158.6
159.6
-1.0
159.6
162.5
-2.9
157.9
164.9
-7.0
164.4
161.6
2.8
162.0
158.9
3.1
167.1
162.8
4.3
168.5
163.3
5.2
170.5
167.2
3.3
167.5
167.9
-.4
168.6
169.2
-.5
165.8
167.3
-1.5
168.0
168.5
173.4
168.9
4.5
167.7
2.1
165.7
4.2
169.2
163.6
5.6
188.2
41.9
189.0
41.4
186.5
45.2
183.9
49.8
186.5
50.2
189.9
53.4
192.0
53.8
195.3
52.4
196.7
51.2
197.9
51.7
197.6
54.5
195.8
57.3
199.9
61.6
203.8
65.8
207.0
68.6
213.1
68.1
Gross national product
Final sales
Change in business inventories.
ds
Final safes
Change in business inventories.
Services
Structures
464.0
1957
II
1959
1958
III
II
IV
III
680.4
680.9
685.6
676.7
663.4
668.2
684.4
Final sales
Change in business inventories-
677.9
2.5
678.0
2.9
682.0
3.7
679.7
-3.0
670.2
-6.8
674.4
-6.2
684.0
Goods...
Final sales
Change in business inventories..
Durable goods
Final sales
Change in business inventories..
324.6
322.1
2.5
322.8
319.9
2.9
325.2
321.5
3.7
314.7
317.6
-3.0
303.1
309.9
-6.8
304.1
310.2
-6.2
117.9
116.2
1.6
117.2
114.3
2.9
119.4
115.4
4.0
110-0
112.6
-2.5
98.1
105.8
-7.6
Nondurable goods
Final sales
Change in business inventories..
206.7
205.9
.9
205.6
205.6
.0
205.8
206.2
-.3
204.6
205.1
-.4
275.3
80.5
278.6
79.6
281.1
79.4
282.1
80.0
Gross national product.
Services...
Structures
Gross national product
726.3
718.6
726.2
5.3
705.7
5.0
713.3
13.0
718.9
-.4
315.2
314.8
.3
325.5
320.3
5.3
326.9
321.9
5.0
338.7
325.7
13.0
328.8
329.1
-.4
718.0
8.2
335.7
327.5
8.2
96.7
103.4
-6.7
102.2
103.4
-1.2
108.6
106.6
1.9
113.2
108.9
4.3
120.4
111.2
9.2
109.3
113.0
-3.7
112.5
109.3
3.2
205.0
204.2
.8
207.4
206.8
212.9
211.4
1.5
217.0
213.6
3.4
213.7
213.1
218.3
214.5
3.8
219.4
216.1
3.3
223.3
218.3
5.0
279.9
80.4
284.8
79.4
287.6
81.6
290.4
86.2
294.0
89.8
296.1
91.6
299.2
90.6
302.8
87.7
IV
III
II
IV
III
IV
1,013.6
1,021.5
1,031.4
1,049.4
1,061.8
1,064.7
979.9
14.6
993.9
7.5
1,007.7
13.8
1,025.2
6.3
1,037.6
11.8
1,052.6
1,057.0
7.6
462.9
442.4
20.5
458.6
444.1
14.6
460.1
452.6
7.5
464.2
452.0
12.2
464.7
450.9
13.8
468.9
462.6
6.3
480.1
468.3
11.8
488.7
479.5
9.2
486.7
479.0
7.6
178.0
166.0
12.1
180.6
166.2
14.5
171.8
164.3
7.5
172.3
168.7
3.6
173.0
166.9
6.1
175.0
166.7
8.3
175.1
171.1
4.0
180.8
172.4
8.4
183.7
179.0
4.6
185.4
180.2
5.2
277.2
271.9
5.4
280.2
277.1
3.1
282.3
276.3
6.0
286.9
279.8
7.1
287.8
284.0
3.9
291.2
285.1
6.1
289.8
284.2
5.5
293.8
291.5
2.3
299.3
295.9
3.4
305.0
300.5
4.5
301.2
298.8
2.4
407.1
116.2
412.4
114.8
420.0
109.9
425.6
110.1
429.3
111.9
435.8
113.7
440.0
116.8
441.9
120.6
448.7
120.6
453.5
119.6
455.4
122.6
956.0
13.5
970.3
15.1
972.3
20.5
Goods
Final sales
Change in business inventories
448.5
434.9
13.5
452.9
435.1
17.8
458.2
443.1
15.1
Durable goods
Final sales
Change in business inventories
174.1
165.3
8.8
175.7
163.2
12.5
Nondurable goods
Final sales
Change in business inventories
274.3
269.6
4.7
401.2
119.9
985.4
992.8
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
II
1,001.4
12.2
976.3
958.4
17.8
CURRENT BUSINESS.
1968
1,001.3
969.6
Final sales
Change in business inventories
Services
Structures
IV
710.7
1967
III
III
II
702.1
1966
II
IV
994.4
NOTE.—"Final sales" is classified as durable or nondurable by type of product. "Change
in business inventories" is classified as follows: For manufacturing, by the type of product
produced by the establishment holding the inventory; for trade, by the type of product sold
by the establishment holding the inventory;forconstruction, durable; and for other industries,
nondurable.
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
15
1946-74, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1947-74
1972 dollars]
1959
195*
1961
1960
1962
1965
1964
1961\
1967
1966
1968
1970
1969
1971
L972
1973*
1974*
Line
679.5
720.4
736.8
755.3
799.1
830.7
874.4
925.9
981.0
1,007.7
1,051. 8
1,078.8
1,075.3
1,107.5
1, 171.1
1,233.4
1,210.7
1
681.3
-1.8
714.0
752.4
2.9
791.0
8.1
823.0
7.8
867.1
914.6
11.3
964.3
16.7
995.7
12.0
1,043.1
8.7
1,068.2
10.6
1,071.0
4.3
1,100.9
6.6
1 161.7
6.5
732.4
4.4
9.4
1,217.3\
16. C>
1,203.0
7.7
2
3
312.0
313.8
-1.8
332.5
326.1
6.5
337.1
332.8
4.4
338.1
335.2
2.9
362.0
353.8
8.1
373.0
365.2
7.8
394.0
386.7
7.3
421.5
410.2
11.3
455.6
438.9
16.7
461.9
449.9
12.0
481.1
472.4
8.7
492.3
481.7
10.6
483.4
479.1
4.3
491.6
484.9
6.6
526.0
516.6
9.4
568.6
552. t>
16. C
549.9
542.2
7.7
4
5
6
101.4
104.8
-3.4
113.8
110.6
3.3
114.4
111.6
2.9
112.5
112.6
-.1
125.5
121.1
4.4
131.8
128.4
3.4
144.2
139.2
5.0
160.6
152.6
8.0
177.1
165.2
11.9
173.0
166.6
6.4
181.3
175.7
5.6
] 83.3
1L90.1
6.8
179.2
179.1
.1
183.4
181.5
1.8
208.4
202.1
6.2
234.5
224.1 •
10. ()
223.5
217.7
5.8
7
8
9
210.6
209.0
1.6
218.7
215.5
3.2
222.7
221.2
1.5
225.6
222.7
3.0
236.5
232.7
241.1
236.8
4.3
249.9
247.5
2.3
261.0
257.7
3.3
278.5
273.7
4.8
288.9
283.3
5.6
299.8
296.7
3.2
302.2
298.4
3.7
304.2
300.0
4.2
308.2
303.4
4.8
317.7
314.5
3.2
334.1
328. C>
6.1
326.5
3.7
324.5
1.9
10
11
12
285.6
81.9
298.0
89.9
310.7
89.0
325.5
91.7
339.9
97.2
354.0
103.8
372.2
108.1
389.1
115.3
410.2
115.2
432.7
113.1
449.9
120.9
465.4
121.1
477.2
114.6
491.1
124.9
510.8
134.3
530.1
134.7
544.7
116.1
13
14
7.3
1954
1953
1952
1951
1956
1955
Line
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
562.4
573.2
584.7
585.7
591.3
592.1
598.3
612.5
622.2
626.2
622.4
616.4
608.1
605.6
614.4
626.1
641.1
650.8
660.3
667.0
664.1
667.5 667.9 6 75.7
1
549.0
13.4
553.3
19.9
570.1
14.6
578.7
7.0
584.0
7.3
592.9
5.4
605.3
7.2
618.2
3.9
621.1
5.1
620.6
1.9
621.4
-5.0
611.5
-3.4
609.7
-4.1
617.1
-2.7
624.6
1.5
635.2
5.9
642.7
8.0
656.5
7.5
662.0 663.0 6 70.3
5.5
4.9
5.4
2
3
280.9
261.0
19.9
288.0
273.4
14.6
288.3
281.3
7.0
289.2
281.9
7.3
291.1
285.6
5.4
302.2
295.0
7.2
306.4
302.5
3.9
310.3
305.2
5.1
307.6
305.8
1.9
303.1
308.1
-5.0
293.6
297.0
-3.4
286.5
290.6
-4.1
290.0
292.7
-2.7
298.7
297.2
1.5
303.7
297.8
5.9
314.9
306.9
8.0
652.5
7.8
321.0
313.2
7.8
657.8
9.2
275.3
261.9
13.4
594.8
-2.7
286.7
289.4
-2.7
325.9
316.7
9.2
321.7
314.2
7.5
321.0 3 19.3 a 21.6
315.5 3 14.4 3 16.2
5.4
5.5
4.9
4
5
6
98.4
91.3
7.1
104.0
89.2
14.8
105.2
92.6
12.7
102.0
97.3
4.7
105.7
100.9
4.8
100.5
102.8
-2.3
95.5
94.7
.7
107.8
103.9
3.8
110.1
105.5
4.6
108.8
105.9
2.9
109.6
106.5
3.1
100.9
105.9
-5.0
97.9
102.7
-4.8
94.5
100.3
-5.7
96.9
100.3
-3.5
103.1
103.6
-.5
108.7
105.9
2.8
118.8
113.0
5.8
119.7
116.5
3.2
121.5
116.4
5.1
119.2
112.6
6.5
117.5 1 15.0 1 17.1
113.9 1 13.9 1 13.4
3.6
1.0
3.8
7
8
9
176.9
170.5
6.4
176.9
171.8
5.2
182.7
180.8
1.9
186.2
184.0
2.2
183.5
181.0
2.5
186.2
186.6
-.4
195.6
190.9
4.7
194.5
191.1
3.4
196.4
197.0
-.6
201.5
199.4
2.2
198.0
199.3
-1.3
202.2
202.2
.0
195.8
194.4
1.4
191.9
190.3
1.6
193.1
192.4
.7
195.6
193.6
1.9
195.0
191.9
3.1
196.1
193.8
2.2
201.3
196.7
4.6
204.4
200.3
4.1
202.5
201.5
1.0
203.5 204.3 5504.4
201.6 2 00.5 5502.8
1.9
1.6
3.8
10
11
12
220.4
66.7
227.6
64.7
233.4
63.3
234.4
62.9
237.7
64.4
240.4
65.1
242.0
65.2
242.4
67.8
246.3
69.5
246.3
69.6
246.0
68.8
243.5
69.9
242.5
71.9
245.9
73.2
249.1
75.4
250.4
77.0
256.7
80.8
254.0
81.9
258.2
81.1
261.3
79.8
262.6
79.8
265.3 2 67.4 :573.5
81.2 81.1 80.6
13
14
1962
1961
1960
1963
1964
1965
Line
I
II
III
IV
I
805.8
813.5
823.7
838.8
846.9
801.0
4.7
805.9
7.6
816.8
7.0
829.5
9.3
839.8
7.1
364.2
356.2
8.0
362.8
358.0
4.7
367.2
359.5
7.6
369.0
362.0
7.0
375.9
366.6
9.3
125.5
121.3
4.2
126.5
121.2
123.8
122.4
1.4
127.4
124.0
3.4
131.3
127.0
4.2
233.2
229.4
3.8
236.1
231.0
5.1
237.7
235.0
2.7
239.0
235.6
3.4
239.8
235.5
4.2
334.1
94.6
339.2
97.5
341.5
98.6
344.8
98.2
347.3
99.0
I
II
III
IV
I
II
III
IV
731.9
736.6
749.0
758.7
776.9
788.1
798.3
804.3
735.8
-3.9
740.3
-3.8
747.1
1.9
752.1
6.6
770.2
6.7
777.5
10.6
789.1
9.2
796.3
8.0
336.4
333.4
3.0
327.2
331.1
-3.9
325.8
329.6
-3.8
335.6
333.7
1.9
341.3
334.7
6.6
349.6
342.9
6.7
359.4
348.7
10.6
361.6
352.4
9.2
115.7
113.4
2.3
112.7
111.8
1.0
106.7
110.3
-3.6
102.0
108.2
-6.2
109.3
111.3
-2.0
116.6
113.0
3.7
122.0
117.8
4.2
126.2
119.3
6.9
221.7
219.9
1.8
224.8
222.2
2.6
223.7
221.6
2.1
220.5
220.8
-.4
223.8
221.4
2.5
226.3
222.4
3.9
224.7
221.7
3.0
227.7
225.2
2.5
305.6
90.7
310.6
87.8
311.3
88.0
315.2
89.5
319.4
91.3
324.0
89.4
326.2
91.2
332.5
94.8
I
II
III
IV
740.7
738.9
735.7
727.1
13.5
734.0
4.9
732.7
3.0
344.4
330.9
13.5
340.5
335.6
4.9
122.7
110.9
11.7
I
II
III
IV
I
II
III
IV
861.1
872.0
880.5
883.9
855.0
6.1
864.0
8.0
873.2
7.3
876.1
7.9
379.8
372.7
7.1
386.8
380.7
6.1
393.7
385.7
8.0
397.9
390.6
7.3
397.8
389.9
7.9
133.3
129.5
3.7
135.5
133.1
2.3
140.9
136.6
4.3
144.1
138.7
5.4
145.9
141.2
4.7
237.7
234.9
2.8
242.6
237.1
5.5
244.4
239.5
4.8
245.9
244.1
1.8
249.6
247.0
2.6
351.4
103.4
356.8
106.1
360.6
106.5
366.0
108.3
369.9
108.4
1972
1971
1970
1969
5.3
II
III
IV
I
II
III
IV
I
II
II
III
IV
903.0
916.4
m.3
952.0
1
889.7
13.4
905.8
10.6
J19.9 943.2
12.4
8.8
2
3
410.7
397.3
13.4
414.2 124.8 436.4
403.6 412.4 427.6
10.6 12.4
8.8
4
5
6
145.9
140.4
5.5
157.1
146.9
10.2
158.1 163.4 163.6
149.3 154.3 159.7
3.9
8.8
9.1
7
8
9
252.0
249.4
2.6
251.9
249.5
2.4
253.6
250.4
3.2
256.1 261.4 272.7
254.3 258.1 267.8
3.3
4.9
1.8
10
11
12
374.5
108.1
378.4
107.8
381.5
110.9
386.3 391.4 397.0
115.8 116.1 118.7
13
14
I
1974*
1973*
III
IV
I
II
III
IV
I
II
III
IV
L
i
n
e
7 1,217.2 1,210. 2 1,186.8
1,074.8 1,079.6 1,083.4 1,077.5 1,073.6 1,074.1 1,082.0 1,071.4 1,095.3 1,103.3 1,111.0 1,120.5 1,141.2 1,163.0 1,178.0 1,202.2 1,227. 7 1,228.4 1,236.5 l,240.J > 1,228.'
1
1,065.0 1,067.4 1,070.0 1,070.6 1, 070.7 1,069.3 1,075.7 1,068.2 1,087.4 1,093.3 1,106.0 1,116.9 1,136.4 1,152.9 1,166.0 1,191.3 1,215. S 1,214.8 1,222.2n,2i6.*) 1,216.,$1,210.4 1,206. 0 1,179.3
10.0
5.0
10.1
3.7
12.1
14.5>
12. <1
12.2
13.4
10.8
11. d 13.6
3.3
7.9
4. 2
2.9
*6.3
4.8
6.8
6.8
7.6
9.8
24.4[
4.8
2
491.6
481.8
9.8
493.2
481.0
12.2
494.5
481.0
13.4
489.9
483.1
6.8
483.6
480.7
2.9
486.1
481.3
4.8
488.5
482.2
6.3
475.6
472.4
3.3
490.0
482.1
7.9
488.8
478.8
10.0
492.0
487.0
5.0
495.5
491.8
3.7
189.5
184.4
5.1
189.5
181.4
8.1
192.1
183.2
8.8
189.5
184.3
5.3
181.6
181.4
.1
182.9
182.8
.0
186.1
182.3
3.8
166.3
169.9
-3.7
181.3
179.0
2.3
183.3
178.0
5.3
182.6
181.8
.8
302.2
297.4
4.7
303.7
299.6
4.1
302.4
297.8
4.6
300.4
298.9
1.6
302.0
299.2
2.8
303.2
298.4
4.8
302.4
300.0
2.4
309.4
3)2.4
6.9
308.7
303.1
5.6
305.5
300.8
4.7
459.5
123.6
462.6
123.8
467.7
121.2
471.8
115.7
475.8
114.2
475.9
112.1
479.0
114.5
478.2
117.6
485.4
119.9
490.0
124.5
522.8
512.7
10.1
530.6
518.5
12.1
545.0
534.2
10. S
564. 8 564.6
552. J 551.0
11. y 13.6
186.3
187.3
-1.0
505.8
501.0
4.8
195.2
193.6
1.6
203.8
198.3
5.6
209.6
203.4
6.1
224.8
213.:
11. <
231. 7
225. 0
6. 7
309.4
305.2
4.2
309.2
304.5
4.7
310.6
307.4
3.2
319.0
314.4
4.5
321.0
315.1
5.9
491.8
127.2
497.2
127.9
502.2
133.2
507.1
133.1
513.8
133.7
3
569. () 576.1I 560. 1
554.*I 5 5 1 . 'r 548. 3
14 :I 24.^I
12. 4
555.1
548.2
6.8
552. 4
548. 2
4. 2
531.9
524.4
7.6
4
5
6
235. C 235.11 235.I 5 227. i)
225.8 224. iI 222. (3 221. 8
9.2
12. <)
11. ()
6. 1
224.0
222.0
2.C
226. 0
221. 6
4. 4
215.9
205.2
10.7
7
8
9
320.: > 333. 0
321. () 327. 9
-.*$
5. 2
329.€
325. i
4.4
333. 2
330. 3
3. 2
340. (3
329. 2
11. 5
332. 5
326. 2
6. 3
331. C
326.2
4.8
326 4
326 6
— 2
316.1 10
319.2 11
- 3 . 1 12
520. <)
137..I
527.S
136. (
533. 2
134. 3
535. B 543. 7
129. } 124. 6
541. *
120.4
545 1
112 7
548.1 13
106.8 14
523. 6
139. 4
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
16
Table 1.6.—Gross National Product by Major Type of
[Billions of
Gross national product.
Durable goods
Personal consumption expenditures...
Producers' durable equipment
Government purchases
Net exports
Change in business inventories
Nondurable goods
Personal consumption expenditures...
Government purchases
Net exports
Change in business inventories
Services
Personal consumption expenditures...
Government purchases
Net exports
Structures..
Private
Government.
1949
1948
1947
Line
1952
1951
1950
1953
1954
1955
1956
1957
468.3
487.7
490.7
533.5
576.5
598.5
621.8
613.7
654.8
668.8
680,9
76.7
77.1
72.4
90.7
102.4
102.3
107.3
98.1
117.1
117.2
116.1
30.6
31.9
2.6
9.8
1.8
33.1
33.0
3.8
5.8
1.5
36.3
28.4
5.5
5.8
-3.7
43.4
31.2
6.1
3.7
6.3
32.6
15.4
4.7
9.8
38.9
31.8
25.2
4.6
1.8
43.1
34.1
24.3
4.4
1.4
43.5
32.2
20.4
5.6
-3.6
52.2
36.3
18.4
6.0
4.2
49.8
37.5
19.1
7.0
3.7
49.7
38.3
18.7
7.9
1.5
160.1
167.1
167.5
170.7
180.7
189.9
199.6
194.1
199.2
203.7
205.7
154.8
2.7
4.7
-2.0
155.0
6.6
1.5
4.0
157.4
9.2
1.7
-.8
161.8
5.5
1*2
165.3
9.6
1.9
3.9
171.2
15.5
.8
2.5
175.7
24.9
-1.0
177.0
15.8
-.2
1.4
185.4
10.4
-.1
3.5
191.6
8.8
1.2
2.1
194.9
9.2
1.6
.0
186.9
190.9
197.0
206.0
229.0
240.6
245.5
247.0
257.6
267.2
279.3
120.8
63.9
2.1
124.6
65.1
1.2
126.4
69.3
1.4
137.1
91.0
140.8
100.2
-.4
145.5
101.4
-1.4
150.4
97.6
-1.0
157.5
101.3
-1.2
164.9
103.3
-.9
170.2
109.8
44.7
52.5
53.7
132.8
72.0
1.1
66.0
64.4
65.6
69.4
74.5
80.9
80.7
79.9
38.5
6.2
43.8
8.7
41.5
12.2
52.0
14.1
47.8
16.6
47.1
18.6
49.9
19.5
53.4
21.0
60.0
20.9
59.6
21.2
57.4
22.5
—•» fi
NOTE.—"Change in business inventories" is classified as follows: For manufacturing, by
the type of product produced by the establishment holding the inventory; for trade, by the
type of product sold by the establishment holding the inventory: for construction, durable;
and for other industries, nondurable. The components of GNP other than change In business
inventories are classified as durable or nondurable by type of product.
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY or CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY or
CURRENT BUSINESS.
Table 1.7.—Gross National Product by Sector and Industry: Annually,
[Billions of
1946
Line
1947
1948
1949
1950
1951
1952
1953
1954
1955
1957
1956
209.6
232.8
259.1
258.0
286.2
330.2
347.2
366.1
366.3
399.3
420.7
442.8
209.0
231.8
257.9
256.9
284.8
328.7
345.7
364.6
3S4.5
397.3
418.5
440.5
183.8
210.0
234.9
231.5
257.5
294.4
307.3
324.9
323.9
354.0
372.1
390.8
188.0
66.2
121.8
10.4
111.3
20.2
1.8
212.7
74.8
137.9
11.7
126.2
23.3
-1.2
211.7
72.1
139.6
13.2
126.4
18.8
1.0
235.5
83.8
151.7
14.7
137.0
20.0
2.0
267.4
98.7
168.7
16.6
152.1
22.9
4.0
282.5
103.0
179.5
18.8
16a 7
22.2
2.7
301.2
112.2
189.0
21.1
167.9
20.3
3.3
354.3
126.9
227.5
27.0
200.5
18.6
372.3
131.5
240.8
29.2
211.5
18.4
.2
4.5
5.1
5.6
5.9
6.4
6.9
7.2
7.8
106.4
194.9
23.4
171.5
19.6
3.0
8.1
332.8
121.0
211.8
25.1
186.7
18.8
2.5
20.8
16.7
17.4
19.4
20.9
27.4
31.2
31.9
32.5
34.2
Federal
State and local..
14.6
6.2
9.4
7.3
8.9
8.5
10.0
9.4
10.7
10.1
16.2
11.2
18.9
12.3
18.6
13.3
18.4
15.8
36.6
19.0
17.6
19.6
19.6
Rest of the world...
.5
.9
1.2
1.1
1.3
1.5
1.5
1.5
17.8
14.7
1.8
2.0
2.2
2.3
Gross national product..
Gross domestic product
Business
Nonfarm
Manufacturing
Nonmanufacturing
Housing
..'.'.
Other
Farm
Statistical discrepancy.
164.2
18.9
Households and institutions.
Government
1946
Gross national product.
Gross domestic product
Business
Nonfarm
Manufacturing
Nonmanufacturing.
Housing
other;;;;*:::::
Farm
Statistical discrepancy
Households and institutions..
Government
Federal
State and local.
Rest of the world...
197.4
II
III
IV
205.0
215.3
220.4
224.9
II
III
IV
229.1
233.3
243.6
249.6
99.1
1949
IX
III
IV
257.1
264.0
265.5
260.1
n
III
256.6
258.6
256.5
255.5
IV
197.0
204.5
214.8
219.7
224.0
228.1
232.4
242.6
248.5
255.9
262.8
264.2
258.9
255.5
257.5
167.1
179.6
191.5
196.7
201.7
205.8
211.1
221.0
226.6
233.5
239.3
240.0
234.1
230.4
232.1
229.3
148.4
161.1
170.2
176.9
180.4
185.4
188.9
197.0
205.6
210.8
215.7
218.8
214.8
210.9
212.4
209.0
16.7
2.0
17.5
1.0
20.3
1.0
20.9
-1.1
21.3
0
18.5
1.9
20.0
2.3
21.1
2.9
21.5
-.5
24.8
-2.1
24.2
-.6
22,9
-1.7
19.6
-.2
19.0
.5
18.2
1.6
18.4
1.9
4.5
4.3
4.4
4.8
4.6
5.1
5.4
5.4
5.3
5.5
5.8
5.7
5.8
5.9
5.8
6.2
25.4
20.6
18.9
18.3
17.6
17.1
15.9
16.2
16.5
16.9
17.7
18.5
19.0
19.2
19.6
20.0
19.6
5.8
14.6
6.0
12.7
6.3
11.6
6.7
10.6
7.0
10.0
7.2
8.5
7.4
8.4
7.8
8.5
8.0
8.6
8.3
9.5
9.1
9.8
9.2
9.9
9.3
10.0
9.6
.5
.5
.5
.7
.9
.9
.9
1.0
1.1
1.2
9.0
8.7
1.2
1.2
1.2
1.2
1.2
10.3
9.7
1.0
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY or CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT BUSINESS.
10.5
9.8
1948
1947
Line
-.8
9.1
NOTE.—The industry classification within the business sector is on an establishment basis
and is based on the 1967 Standard Industrial Classification beginning with 1948 and on the
1942 Standard Industrial Classification prior to 1948.
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
17
Product and Purchaser in Constant Dollars: Annually, 1947-74
1972 dollars)
1959
1958
720.4
679.5
1962
1961
1960
799.1
755.3
736.8
1965
1964
1963
1966
1967
1968
1969
1970
1971
1972
1973*
1974*
Line
830.7
874.4
925.9
981.0
1,007.7
1,051.8
1,078.8
1,075.3
1,107.5
1,171.1
1,233.4
1,210.7
160.6
177.1
173.0
181.3
190.1
179.2
183.4
208.4
234.5
223.5
2
73.4
56.8
16.8
5.7
8.0
79.0
64.3
18.0
3.8
11.9
79.7
63.2
19.9
3.9
6.4
88.2
67.0
19.3
1.2
5.6
91.9
71.2
18.7
1.6
6.8
88.9
68.1
19.2
2.9
.1
98.1
67.3
16.7
-.6
1.8
111.2
75.3
17.9
-2.4
6.2
120.9
87.1
15.9
.6
10.0
112.5
86.1
13.7
5.4
5.8
3
4
5
6
7
101.4
113.8
114.4
112.5
125.5
131.8
144.2
46.4
33.0
19.9
5.5
-3.4
51.8
36.7
18.9
3.2
3.3
52.5
37.8
15.1
6.2
2.9
50.3
36.8
18.9
6.6
-.1
55.7
40.6
18.9
5.9
4.4
60.7
43.3
18.2
6.2
3.4
65.7
48.4
17.7
7.5
5.0
1
210.6
218.7
222.7
225.6
236.5
241.1
249.9
261.0
278.5
288.9
299.8
302.2
304.2
308.2
317.7
334.1
326.5
8
196.8
12.7
-.4
1.6
205.0
11.9
-1.4
3.2
208.2
12.7
.3
1.5
211.9
10.7
0
3.0
218.5
15.2
-1.0
3.7
223.0
14.0
-.2
4.3
233.3
13.5
.8
2.3
244.0
14.4
-.7
3.3
255.5
19.2
-1.0
4.8
259.5
25.2
-1.4
5.6
270.2
29.7
-3.2
3.2
276.4
26.1
-4.1
3.7
282.7
20.0
-2.7
4.2
287.5
19.7
-3.7
4.8
299.3
19.1
-4.0
3.2
309.6
17.7
.7
6.1
303.0
17.6
4.0
1.9
9
10
11
12
285.6
298.0
310.7
325.5
339.9
354.0
372.2
389.1
410.2
432.7
449.9
465.4
477.2
491.1
510.8
530.1
544.7
13
175.8
111.4
-1.6
184.7
114.3
-.9
192.3
119.3
-.9
200.0
125.4
.1
208.7
130.4
.8
217.6
135.1
1.2
229.7
139.8
2.7
240.7
145.1
3.2
251.6
157.1
1.5
264.0
167.6
1.1
275.0
173.2
1.6
287.2
177.1
1.1
297.3
178.7
1.2
306.3
181.0
3.7
322.4
185.2
3.1
335.8
188.4
5.9
344.4
193.1
7.2
14
15
16
81.9
89.9
89.0
91.7
97.2
103.8
108.1
115.3
115.2
113.1
120.9
121.1
114.6
124.9
134.3
134,7
116.1
17
68.6
28.6
73.4
30.3
76.5
31.7
82.1
33.3
80.3
35.0
77.5
35.7
83.9
37.0
86.3
34.8
82.3
32.3
92.9
32.0
103.5
30.8
104.3
30.4
86.1
30.0
18
19
56.6
25.3
64.3
25.6
63.3
25.7
63.9
27.8
1946-74, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-74
dollars]
L959
1960
1961
1962
1963
1964
448.9
486.5
506.0
523.3
563.8
594.7
446.6
484.0
503.5
520.2
560.2
591.1
393.1
427.7
442.5
455.3
490.4
516.5
550.7
370.7
123.8
246.9
31.7
215.2
20.7
1.7
408.9
140.8
268.1
34.3
233.8
19.1
-.2
423.0
143.9
279.1
36.9
242.3
20.2
433.4
143.8
289.7
39.8
249.9
20.2
1.6
465.9
157.5
308.4
43.0
265.5
20.5
4.0
492.2
166.3
325.9
45.9
280.0
20.5
3.7
529.2
178.6
350.6
48.8
301.7
19.3
2.2
1958
1971
1972
1973*
1974*
982.4
1,063.4
1,171.1
1,306.3
1,406.9
1
977.8
1,056.8
1,164.1
1,297.3
1, 392.5
2
798.1
831.5
896.9
989.5
1,107.8
1, 186.6
3
776.2
254.6
521.6
69.7
451.9
25.2
-3.3
807.6
250.3
557.3
75.4
481.9
25.9
-2.1
867.9
261.5
606.4
81.9
524.5
27.7
1.3
955.8
288.8
667.0
89.2
577.8
32.0
1.7
1,057.0
317.9
739.1
97.4
641.8
50.4
.4
1, 138.7
326.3
812.5
106.8
705.7
48.5
4
5
6
7
8
9
10
1965
1966
1967
1968
635.7
688.1
753.0
796.3
868.5
935.5
631.4
683.4
748.8
791.8
863.7
931.1
596.6
651.1
682.7
742.2
573.8
196.3
377.4
52.4
325.1
22.0
.9
625.0
215.9
409.1
56.0
353.1
22.9
3.2
658.8
221.3
437.5
60.2
377.3
22.2
1.7
720.2
241.8
478.3
64.2
414.1
22.6
-.6
1969
1970
Line
11.4
12.3
13.8
14.4
15.5
16.6
17.8
19.2
21.1
23.9
26.4
29.2
31.6
34.7
37.2
40.4
44.8
11
42.1
44.0
47. L
50.5
54.3
58.0
62.9
67.6
76.5
85.1
95.2
103.7
114.7
125.2
137.4
149.1
161.1
12
20.5
21.6
20.9
23.1
21.7
25.5
22.6
27.9
24.1
30.2
25.2
32.9
27.0
35.9
28.3
39.3
32.4
44.1
35.6
49.5
39.3
55.9
41.8
61.9
44.7
70.0
46.8
78.5
50.1
87.3
51.9
97.2
54.7
106.4
13
14
2.2
2.4
2.5
3.1
3.6
3.7
4.3
4.7
4.2
4.6
4.8
4.5
4.6
6.6
7.0
9.0
14.4
15
1951
1950
I
II
III
IV
I
1952
1955
1954
1953
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
Line
267.4
276.9
294.5
305.9
319.9
327.7
334.4
338.5
341.1
341.3
347.0
359.2
365.4
368.8
367.8
362.6
362.0
361.8
366.2
375.0
387.5
395.4 404.0 410.2
1
266.2
275.6
293.0
304.5
318.7
326.2
332.8
336.8
339.7
339.9
345.5
357.8
363.8
367.1
366.3
361.0
360.3
360.1
364.4
373.0
385.5
393.5 402.0 408.2
2
240.2
249.4
265.6
274.9
286.7
292.5
297.4
300.7
302.3
301.7
306.5
318.7
324.5
327.2
326.4
321.3
320.6
319.9
323.7
331.4
343.7
350.5 358.3 363.6
3
217.2
228.5
244.0
252.3
261.8
265.2
269.0
273.9
276.9
277.6
280.6
295.1
300.3
303.9
303.9
296.8
296.7
297.7
300.6
310.0
321.1
329.6 337.2 343.8
18.9
4.0
19.0
2.0
20.3
1.3
21.7
.9
22.4
2.6
23.0
4.3
22.9
5.5
23.5
3.4
21.9
3.6
22.5
1.6
23.8
2.1
20.6
3.0
20.9
3.3
20.2
3.2
19.9
2.6
20.3
4.3
20.5
3.5
19.2
3.0
19.8
3.2
19.1
2.3
19.0
3.6
18.4
1.4
4
5
6
7
8
9
10
19.1
1.9
18.6
2.4
6.3
6.3
6.4
6.7
6.9
6.8
6.9
7.0
7.0
7.1
7.4
7.4
7.5
7.8
8.0
7.8
7.7
7.9
8.1
8.6
8.6
8.8
9.2
9.7
11
19.7
19.9
21.0
22.9
25.1
26.8
28.5
29.1
30.3
31.1
31.6
31.7
31.8
32.1
32.0
31.9
31.9
32.3
32.7
33.0
33.2
34.2
34.5
34.9
12
9.9
9.8
9.9
10.0
10.7
10.3
12.4
10.5
14.4
10.7
15.9
10.9
17.2
11.3
17.5
11.6
18.5
11.8
19.0
12.0
19.2
12.4
19.0
12.7
18.8
13.0
18.9
13.2
18.6
13.4
18.1
13.7
17.8
14.1
17.8
14.5
17.7
15.0
17.8
15.2
17.8
15.4
18.5
15.7
18.6
15.9
18.6
16.4
13
14
1.2
1.2
1.5
1.4
1.3
1.5
1.6
1.7
1.5
1.5
1.5
1.4
1.5
1.6
1.5
1.6
1.7
1.7
1.8
2.0
2.0
1.9
2.0
2.0
15
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
18
Table 1.7.—Gross National Product by Sector and Industry: Annually,
[Billions of
1957
1956
1958
1959
Line
Gross national oroduct
1
2
Gross domestic product -
3
- --
Business
4
5
6
7
8
9
10
Nonfann
. . _.
Manufacturing
Nonmanufacturing
Housing
Other
Farm
Statistical discrepancy
11
Households and institutions
12
13
14
15
.
--
I
II
III
411.9
417.4
422.4
409.6
415.2
420.1
364.6
369.4
373.1
346.6
351.9
18.4
-.3
18.2
9.5
Federal
State and local
Rest of the world
:II
III
IV
I
II
III
430.9
438.9
441.0
448.2
442.8
435.8
439.9
453.1
466.3
429.1
436.7
438.5
445.7
441.0
433.7
437.7
450.9
463.9
381.3
388.2
389.2
395.4
390.5
382.0
384.4
396.5
355.0
363.3
370.5
371.8
375.5
370.9
361.4
361.8
18.9
-.8
18.8
-.8
18.0
-.3
18.0
-.6
18.6
1.3
18.9
.7
20.9
-.3
20.8
1.8
9.6
35.4
Government
I
-.7
18.6
16.9
36.2
18.9
17.3
2.3
2.2
IV
IV
I
II
III
IV
476.0
489.9
486.5
493.5
473.7
487.6
484.1
490.8
409.1
418.4
431.7
427.4
433.3
372.2
386.6
399.3
413.6
409.6
412 9
20.8
3.5
20.5
2.0
19.9
-.8
19.1
-1.0
18.5
18.8
1.6
9.9
10.2
10.2
10.4
10.7
10.7
11.0
11.6
11.5
11.6
11.8
12.1
37.1
37.6
38.2
38.9
39.7
39.8
40.7
41.7
42.8
43.3
43.5
43.8
19.2
17.9
19.2
18.4
19.4
18.8
19.6
19.3
19.8
19.8
19.4
20.3
19.9
20.8
20.3
21.4
21.0
21.8
21.0
22.2
20.8
22.6
20.9
22.9
44.2
20.9
23.3
20.9
23.7
2.3
1.8
2.3
2.6
2.5
1.9
2.1
2.2
2.3
2.3
2.3
2.2
2.5
2.7
1966
1967
1
2
3
4
5
6
7
g
9
10
Gross national product
Gross domestic product
Business
Nonfann
Manufacturing
II
IV
III
I
II
12.5
13.0
44.6
1968
Line
I
-.7
I
IV
III
II
][II
IV
733.7
747.6
759.0
771.7
777.5
785.8
803.1
818.7
837.3
861.8
880.0
894.7
729.5
743.3
754.9
767.4
773.5
781.8
798.3
813.5
832.9
856.7
875.2
890.1
636.3
647.7
655.3
665.0
668.5
674.4
688.1
699.7
715.9
736.5
751.5
764.7
608.0
621.0
630.2
640.9
644.6
650.5
663.0
677.0
694.9
713.7
729.0
743.0
24.6
3.7
22.8
4.0
22.6
2.6
21.6
2.5
21.5
2.4
21.9
2.0
22.6
2.5
22.6
.1
22.2
-1.2
21.8
1.1
22.8
-.4
23.7
-2.0
27.1
NOTITTIftnnfacturipvg
Housing . .
Other
Farm
Statistical discrepancy
11
Households and institutions
20.3
20.6
21.6
22.2
22.9
23.7
24.3
24.9
25.5
26.3
26.6
12
Government
72.9
75.0
78.0
80.2
82.0
83.7
85.9
89.0
91.4
93.9
97.1
98.3
31.7
43.3
33.3
44.8
34.0
46.3
34.6
47.4
35.0
48.7
35.6
50.3
37.2
51.7
37.8
63.6
38.7
55.1
40.4
56.7
40.1
58.2
4.2
4.1
4.3
4.1
4.1
4.9
5.2
4.4
5.2
4.8
4.6
13
14
15
Federal
State and local
Rest of the world
..
.
30.9
42.1
.
.
4.2
Table 1.8.—Gross National Product by Sector and Industry in Constant Dollars: Annually,
[Billions of
1946
Line
1
2
3
4
5
6
7
g
9
10
Gross national product .
Gross domestic product
Business
Nonfarm
_
M anufacturing
Nonmanufacturing
Housing
Other
Farm
Residual 1
.
11
Households and institutions
12
Government
13
14
15
Federal
State and local
Rest of the world
1948
1949
1951
1952
1953
1964
1956
1956
1957
468.3
487.7
490.7
533.5
576.5
598.5
621.8
613.7
654.8
668.8
475.9
466.7
485.9
488.8
531.5
574.7
596.7
619.9
611.4
652.2
666.1
678.0
385.1
392.8
411.2
409.4
448.6
477.2
492.8
515.6
508.0
646.5
557.2
566.0
362.3
25.8
-3.0
370.8
114.9
255.9
20.3
235.6
23.9
-1.9
387.2
121.5
265.6
21.4
244.2
25.7
-1.7
382.1
115.0
267.1
23.2
243.9
25.5
1.8
417.9
131.3
286.7
25.0
261.7
26.9
3.8
445.9
146.0
300.0
27.0
273.0
25.8
5.5
460.7
150.7
310.0
29.4
280.6
26.3
5.7
480.6
161.2
319.4
31.3
288.1
27.6
7.3
473.4
149.6
323.8
33.5
290.3
28.3
6.2
512.5
165.8
346.7
36.4
311.3
29.2
4.8
529.3
166.9
362.3
37.4
324.9
28.8
-.9
638.7
167.8
370.8
39.8
331.0
28.1
-.8
15.1
16.0
16.7
17.3
18.3
18.7
18.6
19.3
19.4
21.4
22.5
23.1
75.8
57.9
58.0
62.2
64.6
78.8
85.3
85.0
83.9
84.4
86.5
88.9
680.9
49.7
26.1
29.8
28.1
29.2
28.8
31.3
30.9
32.7
31.9
46.2
32.6
51.6
33.7
49.6
35 5
47.2
36.7
45.9
38 4
45.6
40 8
45.8
43.1
1.1
1.6
1.8
1.9
1.9
1.8
1.8
2.0
2.3
2.5
2.7
2.9
*Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY
OF CURRENT BUSINESS.
1. Beginning with 1947, the annual estimates equal GNP in constant dollars measured
as the sum of final products less GNP in constant dollars measured as the sum of gross product
by industry. The quarterly estimates are obtained by interpolating the annual estimates
with the statistical discrepancy deflated by the implicit price deflator for gross domestic
1950
477.0
.
_
1947
business product. The annual estimate for 1946 equals the deflated statistical discrepancy
adjusted for the difference in 1947 between the residual and the deflated statistical
discrepancy.
NOTE—The industry classification within the business sector is on an establishment
basis and is based on the 1967 Standard Industrial Classification beginning with 1948 and
on the 1942 Standard Industrial Classification prior to 1948.
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
19
1946-74, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-74—Continued
dollars]
1962
1961
1960
1963
1964
1965
Line
II
in
IV
I
622.4
632.4
642.1
646.0
665.4
678.7 695.1 713.3
1
618.0
628.2
637.6
641.8
660.4 .673.7 690.4 709.2
2
529.7
539.5
548.1
556.2
559.2
577.0
588.5 302.7 618.3
3
504.5
515.2
524.4
535.4
541.7
557.6
567.1 577.5 593.0
20.1
5.1
19.0
5.3
19.2
4.5
19.3
1.5
19.8
-2.3
20.6
-1.2
4
5
6
7
8
9
10
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
506.6
506.5
506.2
504.6
507.1
518.2
527.2
540.7
553.0
562.1
567.8
572.3
580.2
587.9
600.5
610.4
504.2
504.1
503.7
501.9
504.1
515.3
524.0
537.4
549.9
558.6
564.3
568.2
576.5
584.4
5%. 8
606.5
445.3
443.6
442.0
439.2
440.6
451.2
458.9
470.4
481.3
489.3
494.2
496.8
503.7
510.6
521.9
426.1
424.0
422.9
419.0
419.4
429.4
436.8
448.2
457.1
463.3
468.9
474.4
480.1
487.9
496.4
18.8
.4
20.7
-1.6
21.0
-.8
20.7
.5
19.8
2.0
19.9
2.2
20.6
1.6
20.6
3.6
20.7
5.3
20.4
4.9
20.3
2.1
20.8
2.9
20.7
2.0
20.7
4.9
13.3
20.3
-.7
13.8
14.0
14.3
14.4
14.2
14.3
14.8
15.1
15.3
15.7
16.0
16.2
16.4
16.7
16.9
17.3
17.8
17.9
18.1
45.7
46.7
47.8
48.4
49.1
49.8
50.8
52.3
53.4
54.0
54.4
55.4
56.6
57.4
58.2
59.9
61.2
62.2
63.6
64.5
21.1
24.6
21.5
25.2
22.0
25.8
22.1
26.3
22.1
27.0
22.3
27.6
22.6
28.3
24.0
29.5
24.0
30.0
24.0
30.4
24.3
31.1
24.7
31.9
24.9
32.5
25.1
33.1
25.9
33.9
26.4
34.8
26.7
35.5
27.4
36.2
2.4
2.3
2.5
2.7
3.0
2.9
3.1
23.4
28.9
3.3
3.1
3.5
3.5
4.1
3.7
3.5
3.6
3.9
4.4
4.3
4.5
II
IV
22.5
2.8
18.3
22.3
-.8
18.9
19.5
22.5
2.8
20.2
65.2
66.2
68.2
70.8
12
27.5
37.0
27.3
37.8
27.5
38.7
28.4
39.8
30.0
40.8
13
14
4.2
5.0
5.0
4.7
4.1
15
11
1974*
1973*
Line
I
II
IV
III
I
II
III
IV
I
IV
976.5
992.6
996.3 1,034.0 1,056.2 1,072.4 L,091.2 1,127.0 1,156.7 L,181.4 1,219.4 1,265.0 1,287.8 1,319.7 1,352.7 1,370.9 1,391.0 1,424.4 1,441.3
1
972.2
987.8
991.7 L,028.5 1,049.0 1,066.6 1,083.2 1,120.7 I,150.1 1,174.1 1,211.3 1,256.3 1,279.1 1,311.0 1,342.8 1,353.9 1,378.9 1,410.6 1,426.6
2
816.7
826.9
840.3
842.0
872.8
890.6
905.6
918.7
950.6
978.0
998.6 1,030.7 1,072.3 1,091.4 1,119.9 1,147.3 1,154.3 1,175.8 1,203.1 1,213.2
3
794.1
803.4
816.4
816.7
843.6
860.2
876.8
891.2
922.6
943.7
963.5
993.1 1,026.4 1,044.2 1,065.0 1,092.3 L, 105.1 1,132.5 1,155.6 1,161.7
26.1
-5.3
26.5
-3.9
25.4
-1.5
25.5
-.1
28.2
1.1
27.1
3.3
26.1
2.8
29.3
-1.8
31.0
-3.0
32.0
2.3
31.1
4.0
48.6
2.9
30.8
26.2
-2.8
31.3
4
5
6
7
8
9
10
31.9
32.6
33.5
34.2
34.9
36.0
36.5
37.0
37.4
37.9
38.7
40.1
41.1
41.8
43.1
44.1
45.6
46.5
11
115.7
117.1
122.2
124.2
126.1
128.5
133.6
135.1
138.1
142.7
145.3
147.6
150.0
153.6
156.6
159.0
161.9
166.9
12
44.4
72.8
4.6
46.6
75.6
46.6
77.6
46.5
79.6
49.7
83.8
49.2
86.0
49.5
88.6
51.9
90.9
51.7
93.6
51.3
96.3
51.4
98.5
53.3
100.4
53.7
102.9
53.8
105.2
54.3
107.6
56.9
110.0
13
14
5.5
7.2
5.8
47.3
81.2
8.0
6.2
6.5
7.3
8.1
8.8
8.7
8.7
10.0
17.0
12.1
13.7
14.8
15
IV
913.0 929.0
946.9
953.3
964.2
908.2 924.5
942.5
949.2 •959.5
780.7 794.3
806.7
810.7
757.4 772.9
784.6
789.9
24.8 24.8
-1.5 -3.4
25.1
-2.9
I
II
28.8
29.6
30.7
99.6 101.4
106.2
107.8
112.0
114.0
40.1
59.5
40.4
60.9
43.4
62.8
43.2
64.6
45.0
67.0
44.9
69.1
44.7
71.0
4.9
4.5
4.4
4.1
4.7
4.3
4.8
27. y
1972
III
III
III
I
1971
1970
1969
II
34.1
3.4
42.8
3.2
II
IV
III
48.1
-.9
54.0
1.0
56.8
-1.8
I
II
55.4
-6.2
III
44.8
-1.6
IV
45.1
2.4
1946-74, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1947-74
1972 dollars]
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973*
1974*
Line
679.5
720.4
736.8
755.3
799.1
830.7
874.4
925.9
981.0
1,007.7
1,051.8
1,078.8
1,075.3
1,107.5
1,171.1
1,233.4
1,210.7
1
676.5
717.3
733.6
751.2
794.3
825.8
868.7
919.9
975.6
1,001.9
1,045.7
1,073.1
1,069.8
1,100.3
1,164.1
1,225.7
1,203.7
2
561.9
600.5
611.8
625.6
663.9
692.0
730.4
776.4
822.4
839.8
878.2
901.5
898.3
927.6
989.5
1,049.1
1,024.4
3
528.2
153.3
374.9
42.4
332.5
29.3
4.4
569.6
170.7
399.0
45.2
353.7
28.2
2.7
580.5
172.0
408.5
48.1
360.4
29.5
1.8
590.9
171.2
419.7
51.0
368.7
29.6
5.1
629.6
186.2
443.4
54.5
388.9
29.5
4.8
658.4
201.0
457.4
57.5
399.9
30.0
3.6
697.1
215.7
481.4
60.7
420.8
29.2
4.0
746.7
235.1
511.6
64.4
447.2
30.1
-.4
791.1
254.0
537.1
68.0
469.1
28.5
2.8
807.8
254.1
553.7
71.8
482.0
29.6
2.4
850.6
268.4
582.2
74.8
507.4
29.4
-1.8
877.4
276.2
601.2
78.5
522.7
29.9
-5.9
871.3
260.6
610.8
81.6
529.1
31.1
-4.2
894.9
264.1
630.8
84.7
546.1
32.8
-.1
955.8
288.8
667.0
89.2
577.8
32.0
1.7
1,011.9
309.5
702.5
93.3
609.2
33.2
4.0
990.0
293.1
696.9
97.4
599.5
31.5
2.9
4
5
6
7
8
9
10
24.2
24.9
26.8
27.2
28.3
29.0
29.9
31.1
32.8
34.8
35.9
36.6
36.3
36.6
37.2
37.9
38.5
11
90.4
91.8
94.9
98.5
102.1
104.8
108.4
112.4
120.4
127.2
131.7
135.0
135.2
136.0
137.4
138.7
140.8
12
44.5
45.8
44.5
47.3
45.2
49.7
46.2
52.3
48.3
53.9
48.2
56.6
48.5
60.0
48.7
63.6
53.0
67.5
57.2
70.0
58.1
73.6
58.2
76.8
55.2
80.1
52.5
83.5
50.1
87.3
48.2
90.6
47.9
92.9
13
14
3.0
3.2
3.2
4.1
4.8
4.9
5.7
6.1
5.4
5.8
6.1
5.7
5.5
7.2
7.0
7.7
7.0
15
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
20
Table 1.8.—Gross National Product by Sector and Industry in Constant Dollars: Annually,
[Billions of
1948
1947
1949
1950
Line
I
II
III
IV
I
II
IV
III
I
II
III
IV
I
II
III
IV
.......
464.0
467.5
468.0
473.7
477.3
486.0
490.8
495.9
490.9
488.9
493.4
489.2
511.5
525.1
542.4
554.6
....
462.4
465.9
466.5
472.0
475.5
484.1
489.1
494.1
489.1
487.0
491.4
487.5
509.6
523.3
540.2
552.8
3
387.3
391.3
392.8
400.0
403.0
410.4
413.3
417.3
410.4
407.5
411.9
407.5
429.3
442.2
458.1
464 7
4
5
6
7
g
9
10
11
366.8
371.0
370.0
375.3
381.9
387.6 \ 3 8 7 . 6
391.0
385.1
381.2
383.7
378.3
394.5
411- a
429 2
436 2
26.1
-5.6
15.1
22.6
-2.3
16.3
23.8
-1.0
16.6
23.1
1.5
16.0
23.7
-2.6
16.4
26.3
-3.5
16.6
25.4
.3
17.0
27.4
-1.1
16.7
24.8
.6
16.9
2ft. 2
1.1
17.1
25.8
2.4
17.0
26.3
3.0
18.1
27.7
7.2
18.4
26.7
3 9
18.3
26 3
26
18.2
26 8
1 7
18.4
60.0
58.3
57.1
56.1
56.1
57.1
58.7
60.0
61.8
62.3
62.6
61.9
61.9
62.8
63.9
69.7
32.7
27.4
30.4
27.9
28.8
28.3
27.5
28.6
27.5
28.6
28.5
28.6
29.9
28.8
30.8
29.3
31.9
29.9
31.7
30.6
31.3
31.2
30.2
31.7
30.1
31.8
31.0
31.8
32 1
31.9
37 7
32.0
1.6
1.6
1.5
1.7
1.7
1.8
1.8
1.8
1.9
1.9
1.9
1.7
1.8
1.9
2.1
1.9
1
2
Gross national product
d rnss domestic Droduct
.
Manufacturing
Other
Farm
.
Residual *
Households and institutions
. . .
12
13
14
15
State and local
- -
Rest of the world
1958
1957
1959
Line
1
2
Gross national product
Gross domestic Droduct
Nonfarm
.-
Other
Farm
Residual i
11
Households and institutions
12
Government
13
14
15
Federal
State and local
..
.
II
III
IV
I
II
III
IV
I
II
III
IV
680.4
680.9
685.6
676.7
663.4
668.2
684.4
702.1
710.7
726.3
718.6
726.2
677.6
677.7
682.6
674.4
660.6
665.2
681.3
698.9
707.6
723.4
715.3
722.7
566.6
565.7
569.5
562.3
548.4
550.8
566.1
582.4
591.8
606.9
598.4
605.0
.-
539.6
540.0
541.3
533.8
518.9
517.7
529.4
547.0
560.9
577.0
569.2
571.5
--
28.5
—1.5
28.2
—2.4
27.7
.5
28.0
.4
29.4
.1
28.9
4.2
29.2
7.5
29.6
5.9
29.0
1.9
28.3
1.6
27.2
2.0
28.4
5.2
3
4
5
6
7
g
9
10
I
23.0
23.1
23.3
23.1
23.7
24.7
24.3
24.1
24.5
25.0
25.0
25.3
- --
88.1
88.8
89.8
88.9
88.6
89.7
90.9
92.3
91.4
91.5
91.9
92.4
-
45.9
42.2
46.2
42.7
46.4
43.3
44.9
44.1
44.1
44.4
44.5
45.3
44.8
46.0
44.6
47.7
44.6
46.8
44.5
47.0
44.4
47.5
44.4
48.0
2.8
3.2
3.1
2.4
2.8
3.0
3.1
3.2
3.1
3.0
3.3
3.5
Rest of the world
1967
1966
1968
Line
1
2
Gross national product
Gross domestic product..
....
3
4
5
6
7
g
9
10
11
Nonfarm
Other
Farm
*
Residual»
Households and institutions
12
13
14
Federal
State and local .
15 Rest of the world
...
IV
I
II
III
IV
I
969.6
976.3
985.4
992.8
994.4
1,001.3
1,013.6
1,021.5
1,031.4
1,049.4
1,061.8
1,064.7
964.1
970.9
980.2
987.3
989.2
996.1
1,007.4
1,014.8
1,025.8
1,042.9
1,055.6
1,058.8
814.9
819.7
825.2
829.7
828.9
835.1
844.4
851.0
860.6
875.0
886.8
890.4
781.8
787.7
795.5
799.3
796.7
803.3
811.0
820.2
832.7
846.2
858.9
864.5
30.2
2.9
28.5
3.6
27.4
2.3
27.8
2.6
29.1
3.0
29.0
2.8
29.9
3.4
30.5
.2
29.7
-1.8
28.3
.5
29.6
-1.8
-4.1
II
III
I
II
III
IV
30.6
32.5
32.2
33.3
33.3
34.5
34.7
35.0
35.2
35.3
36.2
36.1
35.9
116.8
118.9
121.7
124.4
125.9
126.4
128.0
128.6
129.9
131.7
132.7
132.4
50.8
66.0
52.0
66.9
53.8
67.9
55.3
69.1
56.9
68.9
56.9
69.5
57.5
70.5
57.3
71.3
57.7
72.2
58.5
73.2
58.6
74.1
57.6
74.9
5.4
5.4
5.2
5.4
5.2
5.2
6.2
6.7
5.6
6.6
6.2
5.9
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
21
1946-74, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1947-74—Continued
1972 dollars]
1954
1953
1952
1951
1955
1956
Line
IV
I
II
III
IV
I
II
III
IV
I
622.4
616.4
608.1
605.6
614.4
626.1
641.1
650.8
660.3
667.0
664.1
667.5 667.9 675.7
1
620.5
614.4
605.8
603.5
612.2
623.5
638.5
648.3
657.8
664.4
661.2
664.6 665.0 673.4
2
I
II
III
IV
I
II
III
IV
I
II
III
562.4
573.2
584.7
585.7
591.3
592.1
598.3
612.5
622.2
626.2
560.9
571.5
582.8
583.6
589.5
590.3
596.4
610.7
620.3
624.1
II
III
IV
467.6
474.3
483.4
483.5
487.2
486.5
491.2
506.3
515.3
519.7
515.9
511.2
503.3
500.8
508.8
518.5
534.3
543.6
556.6
551.6
553.8
556.5 555.2 562.9
3
439.8
443.1
448.5
452.3
455.5
456.1
458.0
473.4
480.7
484.9
482.4
474.3
468.4
467.3
473.3
484.3
498.8
510.5
517.3
523.4
523.9
529.6 527.8 535.4
24.2
3.6
19.0
25.3
5.9
18.7
27.1
7.8
18.6
26.4
4.8
18.5
25.6
6.2
18.5
26.5
4.0
18.5
27.7
5.5
18.9
25.6
7.2
18.6
27.1
7.5
19.0
27.6
7.2
19.5
27.4
6.1
19.6
28.3
8.6
19.0
27.8
7.1
18.8
27.2
6.2
19.0
29.0
6.6
19.3
29.2
5.0
20.7
28.5
7.0
20.2
28.8
4.3
20.9
29.3
5.0
21.7
30.1
3.0
22.8
29.7
.2
22.2
27.6 28.6 29.1
- . 8 -1.2 -1.6
22.1 22.6 22.8
4
5
6
7
8
9
10
11
74.3
78.4
80.9
81.6
83.8
85.3
86.3
85.8
86.0
84.9
85.0
84.2
83.7
83.7
84.1
84.4
84.1
83.8
84.5
85.1
85.1
86.0
87.1
87.7
12
42.1
32.2
46.0
32.5
48.1
32.8
48.5
33.1
50.5
33.3
51.8
33.5
52.5
33.8
51.6
34.2
50.5
35.6
50.0
35.0
49.6
35.4
48.3
35.9
47.5
36.2
47.1
36.5
47.2
36.9
47.0
37.4
46.4
37.7
45.8
38.1
45.8
38.7
45.8
39.3
45.4
39.7
45.5
40.6
45.8
41.3
45.8
41.9
13
14
1.6
1.8
1.8
2.0
1.8
1.8
1.9
1.8
1.9
2.1
1.9
2.0
2.3
2.2
2.2
2.5
2.6
2.5
2.5
2.5
2.9
2.8
2.9
2.3
15
III
IV
1962
1961
1960
1964
1963
1965
Line
I
II
III
IV
I
II
III
IV
I
II
III
IV
740.7
738.9
735.7
731.9
736.6
749.0
758.7
776.9
788.1
798.3
804.3
737.6
735.9
732.4
728.3
732.6
745.2
754.6
772.6
783.9
793.5
799.5
I
II
III
805.8
813.5
823.7
838.8
800.1
808.5
819.0
834.0
I
II
III
846.9
861.1
872.0
880.5
883.9
903.0
916.4 932.3 152.0
1
841.8
855.4
866.4
874.6
878.4
896.5
909.8 926.2 146.9
2
IV
IV
I
II
618.2
613.9
610.2
605.1
608.2
620.8
629.0
644.3
654.7
663.5
668.3
669.0
676.5
686.0
699.2
706.5
718.9
728.3
735.7
738.5
756.0
767.8 781.8 300.2
3
586.5
582.5
579.1
573.9
574.4
585.3
593.7
610.4
619.2
626.8
633.6
638.8
644.5
654.7
664.0
670.5
682.8
692.1
702.7
710.9
727.6
740.6 749.6 r©9. i
28.4
3.4
29.6
1.8
30.6
.5
29.7
1.6
29.9
3.9
29.4
6.2
29.3
5.9
29.6
4.3
29.7
5.8
29.9
6.9
29.4
5.3
29.0
1.1
30.0
2.0
30.3
1.0
29.9
5.3
29.7
6.2
28.7
7.4
29.0
7.2
29.7
3.4
29.7
-2.1
30.2
-1.9
29.6
-2.5
30.8
1.4
29.7
1.4
4
5
6
7
8
9
10
26.0
26.8
27.0
27.5
27.5
26.8
26.9
27.5
27.8
28.0
28.7
28.7
28.7
28.7
29.2
29.4
29.6
30.1
29.9
30.0
30.6
30.6
31.4
93.3
95.2
95.3
95.8
96.9
97.5
98.7
100.7
101.4
102.0
102.5
102.5
103.2
104.4
105.6
105.9
106.9
108.0
109.0
109.9
110.0
44.7
48.6
45.8
49.3
45.2
50.1
45.1
50.7
45.2
51.7
45.5
52.0
46.2
52.6
47.8
52.9
48.5
52.9
48.5
53.5
48.3
54.2
47.7
54.8
47.8
55.5
48.3
56.1
48.5
57.1
48.2
57.7
48.4
59.6
48.8
60.2
48.6
61.3
48,1
61.9
3.1
3.0
3.2
3.6
4.0
3.9
4.1
4.3
4.2
4.8
4.7
5.6
5.0
4.7
4.8
5.1
48.1
58.8
5.8
5.6
5.9
5.5
6.5
1969
I
II
1971
1970
III
IV
I
II
III
IV
I
II
1972
III
IV
I
II
31.7
11
111.4 113.1 L15.0
12
48.3
63.1
48.8
64.3
49.8
65.2
13
14
6.6
6.0
5.2
15
1973*
III
IV
I
II
1974*
III
IV
I
II
III
IV
1,074.8 1,079.6 1,083.4 l,077.S 1,073.6 1,074.1 1,082.0 1,071.4 1,095.3 1,103.3 1,111. C 1,120.5 1,141.2 1,163. C1,178.C 1,202.2 1,227.7 1,228.4 1,236.5 1,240.9 1,228.7 1,217.2 1,210. 2 1,186.8
1
1,068.6 1,073.8 1,077.8 1,072.3 l,067.S 1,068.9 1,076.4 1,066.2 1,089.2 1,095.3 1,104.7 1.112.C 1,134.7 1,156.4 1,170.8 1,194.3 1,219.4 1,220.8 1,229.2 1,233.4 1,218.0 1,211.9 1,204. B 1,180.3 2
899.2
902.6
904.9
899. C 896.0
897.1
905.1
895. (
916.4
923.1
932.3
938. t
960. S 982.2
871.7
879.2
880.7
878.1
872.3
870.6
878.1
864.!
882. S 889.1
899.0
908. e
930.2
31.3
-3.7
29.5
-6.1
29.8
-5.6
29.2
-8.2
30.1
-6.4
31.5
-5.0
30.4
—3.4
32.;
-1A
32.3
1.7
32.0
1.4
32. S
-2.S
34.6
-3.S
36.3
36.2
34.1
-.6
36.2
36.7
36.9
36.6
36. £
36.4
36.1
36. (
37. C
133.1
134.4
136.0
136.7
135.3
135.3
135.2
135.1
135.8
57.8
75.3
58.3
76.]
58.6
77.4
56.3
79. C
55. C
79.7
54. £
80.4
54.1
81.1
53.7
82.1
52. S
83.0
52.1
84.0
6.2
5.8
5.6
58.2
78.5
5.1
5.8
5.2
5.fi
5.:
6.1
8.C
6.3
135. fl 136.1
996.3 1,018.5 1,044.5 1,044.5 1,052.0 1,055.2 1,039.7 1,033.1 1,024. 7 1,000.1 3
946. £ 963.2
33.7
1.7
28.9
4.2
982. fl1,005.1 1,008.9 1,015.6 1,018.1 1,009.7
31.0
4.6
34.0
5.5
32.9
2.6
31.3
5.1
34.5
2.7
31.5
-1.5
999.2
988. 4
31.6
31. 9
5. i
2.3
36. S
37.4
37.1
37.5
37.0
37.7
38.3
38.5
38.4
136. S
136.8
137.4
138.4
137.9
138.6
138.9
139.6
139.8
51.4
85. C
50.7
86.1
49.8
87.6
49.8
88.6
47.7
91.2
47.6
92.0
47.9
91.9
140.5
48.0
92.5
6.S
7.2
7.8
49.0
88.9
8.3
48.4
90.2
8.£
50. C
86. S
6.7
7.6
7.3
7.5
10.7
5.4
37. C
136.4
38.3
962.6
4
5
ft
7
8
31.9 9
5.6 10
38. 3
38.4 11
141. 1
141.8 12
48.1)
93. L
47.9 13
94.0 14
5.(S
6.5 15
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
22
Table 1.9.—Relation of Gross National Product, Net National Product, National Income, and
[Millions of
1946
209,579
Gross national product
Less: Capital consumption allowances
with capital consumption
adjustment.
Capital consumption allowances
without capital consumption
adjustment.
Less: Capital consumption adjustment.
Less: Indirect business tax and nontax'
liability.
Business transfer payments
Statistical discrepancy
Plus: Subsidies less current surplus of
government enterprises.
1948
1949
1950
1951
1952
1953
232,757
259,079
258,023
286,172
330,183
347,178
366,129
31,629
13,837
20,274
17,200
9,117
13,229
11,138
-4,720
-7,045
-6,062
195,742
Equals: Net national product
1947
17,124
215,557
18,443
238,805
20,124
478
664
580
1,769
700
-1,174
851
-209
-148
23,853
21,972
17,054
15,272
-6,799
-6,700
236,051
262,319
21,337
23,422
751
1,039
778
2,030
114
-254
1955
1956
366,306
399,266
420,691
33,121
35,302
38,871
24,151
26,713
29,835
32,487
-7,478
-6,408
-5,467
-6,384
334,500
333,185
363,964
381,820
400,754
29,730
29,636
32,225
35,070
37,491
1,201
3,347
1,077
3,017
1,245
2,456
1,366
-793
1,515
176
-324
-487
-324
-18
734
692
285,827
299,735
299,131
328,020
346,911
362,264
35,380
35,472
34,626
44,599
42,924
42,065
3,368
9,133
-76
4,280
10,110
0
4,765
11,452
0
5,240
12,936
0
6,492
14,880
0
27,573
29,619
19,585
-7,988
302,610
25,280
934
3,997
21,691
-7,928
317,559
27,703
1,046
2,659
-102
1954
1957
442,755
42,001
35,199
-6,802
178,327
194,556
219,007
Less: Corporate profits with inventory
valuation and capital consumption adjustments.
Net interest
Contributions for social insurance..
Wage accruals less disbursements..
16,629
22,191
29,101
1,617
6,101
2,098
5,817
15
2,054
5,366
35
2,183
5,895
-46
2,272
7,058
24
2,672
8,475
74
3,007
8,970
-22
Plus: Government transfer payments to
persons.
Personal interest income
Net interest
Interest paid by government to
persons and business.
Less: Interest received by government.
Interest paid by consumers to
business.
Dividends
Business transfer payments
10,848
11,150
10,627
11,722
14,404
11,644
12,103
12,900
15,104
16,236
17,310
20,081
6,421
1,617
7,312
2,098
7,678
2,054
8,244
2,183
8,929
2,272
9,599
2,672
10,276
3,007
11,412
3,368
12,732
4,280
13,800
4,765
15,331
5,240
17,357
6,492
4,077
4,168
4,201
4,313
4,388
4,419
4,406
4,475
4,645
4,598
5,000
5,415
Equals: National income
Equals: Personal income
236,203
212,670
272,297
33,661
727
1,046
1,423
1,748
2,269
2,508
2,863
3,569
3,807
4,437
5,091
5,450
5,560
478
6,302
580
7,015
700
7,210
751
8,803
778
8,520
934
8,493
1,046
8,795
1,201
9,149
1,077
10,311
1,245
11,085
1,366
11,514
1,515
177,317
189,779
208,471
205,635
226,102
253,677
270,410
286,146
288,177
308,796
330,903
349,294
[Billions of
1947
1946
1948
1949
Line
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
j
Grass national nroduct
...-
197.4
205.0
215.3
220.4
224.9
229.1
233.3
243.6
249.6
257.1
264.0
265.5
260.1
256.6
258.6
256.5
2
Less: Capital consumption allowances
with capital consumption adjustment.
Capital consumption allowances
without capital consumption
13.0
13.3
14.1
15.0
15.8
16.6
17.7
18.7
19.3
19.9
20.6
21.2
21.4
21.7
22.1
22.7
8.7
8.9
9.2
9.7
10.2
11.0
12.0
12.4
12.9
13.5
14.1
14.6
15.0
15.5
16.0
4
Less: Capital consumption adjustment.
-4.3
-4.4
-4.8
-5.3
-5.6
-5.6
-6.3
-6.7
-6.9
-7.0
-7.2
-7.2
-6.8
—6.7
-6.6
-6.7
184.5
191.7
201.3
205.4
209.1
212.4
215.6
224.9
230.3
237.1
243 4
244 2
238.7
235.0
236 5
233 9
6
Less: Indirect business tax and nontax
16.4
16.9
17.5
17.7
18.0
18.1
18.4
19.3
19.3
20.0
20.4
20.7
20.8
21.2
21.7
21.6
7
o
9
TOiicinpc3 transfer navrnents
Qtatistipal discreD&ncv
.4
20
.5
10
.5
10
.5
-1.1
.5
0
.6
1.9
.6
2.3
.6
2.9
.7
—.5
.7
—2 1
.7
— 6
.7
—1 7
.7
—.2
.7
5
.8
1 6
.8
19
1.8
1.3
.2
.1
-.1
-.1
-.3
-.4
-.3
-.4
-.1
.1
-.2
-.2
-.2
-.3
3
Fnimlfl* Net national oroduct
Plus: Subsidies less current surplus of
government enterprises.
11.4
in
FVumlfl* National income
167 4
174.7
182 5
188.4
190.5
191.7
194.1
201.7
210 5
218 1
222 8
224 6
217 2
212 2
212 3
209 2
11
12.9
16.3
17.4
19.8
19.5
22.8
22.6
23.9
27.7
29.5
28.9
30.4
28.9
26.7
.27.9
24.5
12
13
14
Less: Corporate profits with inventory
valuation and capital consumption adjustments.
Net interest
Contributions for social insurance..
Wage accruals less disbursements..
1.5
6.2
.8
1.6
6.2
-.9
1.6
6.1
0
1.7
5.9
0
2.2
6.2
0
2.1
6.2
0
2.1
5.5
0
2.0
5.4
0
2.2
5.3
.1
2.1
5.3
.1
2 0
5.4
-.2
2 0
5.5
.1
2.1
5.9
.1
2.2
5.9
-.3
2 2
5.9
0
2 2
5.9
0
15
Plus: Government transfer payments to
11.8
11.0
10.6
9.9
10.1
9.9
13.8
10.9
11.0
10.8
10.5
10.2
11.0
11.6
12.1
12.4
6.1
1.5
6.4
1.6
6.6
1.6
6.7
1.7
7.2
2.2
7.3
2.1
7.3
2.1
7.4
2.0
7.7
2.2
7.6
2.1
7.6
2.0
7.8
2.0
8.0
2.1
8.2
2.2
8.3
2.2
8.5
2.2
4.1
4.1
4.1
4.1
4.2
4.2
4.2
4.2
4.2
4.2
4.2
4.3
4.3
4.3
4.3
16
17
18
19
20
21
22
23
"Pprsftnal interest income
-Net interest
Interest paid by government to
persons and business.
Less: Interest received by govInterest paid by consumers to
business.
Business transfer Davments
Enuals* Personal income
.6
.7
.8
.9
.9
1.0
1.1
1.1
1.3
1.4
1.5
1.5
1.6
1.7
1.8
1.9
5.1
4
5.5
.5
5.7
.5
6.1
.5
6.1
.5
6.4
.6
6.6
.6
6.5
.6
7.1
.7
6.7
7
7.1
7
7 4
7
7.2
.7
7.2
7
7.1
g
7.4
g
169.4
174.8
180.8
184.2
186.5
184.7
192.3
195.7
201.6
207.0
212.7
212.8
207.0
205.5
204.6
205.6
• Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT BUSINESS.
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
23
Personal Income: Annually, 1946-74, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-74
dollars]
1972
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
448,881
486,465
505,978
523,292
563,817
594,738
635,743
688,110
752,996
796,312
868,465
935,541
44,079
46,109
47,712
49,062
50,503
52,237
54,553
57,483
61,734
67,015
73,783
82,490
90,827
98,779
105,364
117,064
134,033
2
37,013
39,333
41,519
43,321
47,918
50,814
53,989
57,745
62,042
66,836
72,055
78,765
84,075
89,989
99,520
107,416
116,303
3
-7,066
-6,776
-6,193
-5,741
-2,585
-1,423
-564
262
308
-179
-1,728
-3,725
-6,752
-8,790
-5,844
-9,648
-17,730
4
404,802
440,356
458,266
474,220
513,314
542,501
581,190
630,627
691,262
729,297
794,682
853,051
891,592
964,657 1,065,757 1,189,271 1,272,878
5
38,665
41,792
45,389
48,035
51,557
54,638
58,752
62,575
65,320
70,239
78,849
86,370
94,027
103,409
111,007
120,201
127,263
6
1,560
1,665
1,771
-220
1,974
-683
2,035
1,597
2,144
4,005
2,405
3,737
2,655
2,237
2,812
891
3,040
3,183
3,137
1,735
3,378
-631
3,838
-3,269
3, £83
-2,076
4,242
1,326
4,722
1,681
5,163
369
5,829
-624
7
8
1,083
70
422
1,683
1,758
1,120
1,658
1,610
2,496
1,619
1,332
1,817
2,716
2,387
3,588
3,712
697
9
363,995
397,083
412,008
424,246
457,366
482,841
519,204
565,959
622,215
655,805
714,418
767,929
798,374
858,067
951,935 1,067,250 1,141,107
10
37,482
48,244
46,580
46,901
54,862
59,606
66,989
77,096
82,538
79,261
85,793
81,445
67,891
77,198
92,081
100,172
91,279
11
8,020
15,208
0
8,806
18,006
0
9,760
21,058
0
11,234
21,936
0
12,765
24,335
0
14,331
27,313
0
15,913
28,663
0
18,529
30,024
0
21,900
38,824
0
24,279
43,385
0
26,779
48,053
0
30,807
54,895
0
37,549
58,712
0
42,775
64,844
582
47,028
73,594
4
56,260
91,483
-56
70,728
102,889
-530
12
13
14
24,341
25,209
26,966
30,782
31,626
33,433
34,775
37,602
41,627
49,458
56,542
62,674
75,898
89,869
99,377
113,483
134,530
15
18,777
8,020
20,919
8,806
23,284
9,760
J 9,808
24,628
11,234
9,586
27,132
12,765
10,434
30,152
14,331
11,177
33,257
15,913
12,028
37,187
18,529
12,6S8
41,816
21, COO
13,945
45,048
24,279
15,151
49,564
26,779
17,294
55,941
30,807
18,620
64,284
37,549
21,127
69,331
42,775
21,142
74,612
47,028
21,500
88,419
56,260
25,618
106,545
70,728
29,199
16
17
18
1958
6,010
1970
1971
1973*
1974*
Line
982,419 1,063,436 1,171,121 1,306,335 1,406,911
1
I 3,271
3,503
3,869
4,186
4,602
5,103
5,994
6,841
7,827
8,472
9,907
10,832
11,777
14,100
16, Oil
19
5,560
6,103
6,987
7,311
7,802
8,830
9,918
11,063
11, S65
12,459
13,318
14,686
15,515
16,246
17,861
20,641
22,629
20
11,304
1,560
12,171
1,771
12,8S0
1,974
13,347
2,035
14,410
2,144
15,504
2,405
17,325
2,655
19,120
2,812
19,439
3,040
20,103
3,137
21,943
3,378
22,592
3,838
22,884
3,S83
22,982
4,242
24,597
4,722
27,822
5,163
21
22
359,267
382,097
399,724
414,967
440,716
463,085
495,651
537,031
584,875
626,626
685,220
745,827
801,271
859,092
31,075
5,829
942,536 1,054,278 1,154,720
23
dollars]
1952
1951
1950
1953
1954
1955
Line
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
267.4
276.9
294.5
305.9
319.9
327.7
334.4
338.5
341.1
341.3
347.0
359.2
365.4
368.8
367.8
362.6
362.0
361.8
22.9
23.3
24.1
25.2
26.1
27.1
28.1
28.9
29.1
29.3
29.8
30.4
30.8
31.3
31.9
32.4
32.6
32.8
33.3
33.9
34.1
34.5
36.2
36.5
2
16.5
16.7
17.3
17.8
18.5
19.2
20.0
20.7
21.0
21.4
21.9
22.5
23.0
23.7
24.5
25.4
25.7
26.3
27.0
27.8
28.6
29.3
30.4
31.1
3
-6.4
-6.6
-6.8
-7.4
-7.6
-7.9
-8.2
-8.2
-8.1
-7.9
-7.9
-7.9
-7.9
-7.6
-7.4
-7.0
-6.9
-6.5
-6.3
-6.0
-5.5
-5.2 -5.8 -5.4
4
244.5
253.6
270.4
280.8
293.8
300.6
306.3
309.6
312.1
312.0
317.2
328.9
334.6
337.4
335.8
330.1
329.5
329.0 332.9
341.1
353.4
360.9 367.8 373.7
5
22.0
22.9
24.9
23.9
25.6
24.6
25.0
25.9
26.7
27.5
27.9
28.7
29.3
29.8
30.0
29.8
29.4
29.6
29.5
30.1
31.0
32.0
32.7
33.2
6
.8
4.0
.8
2.0
.8
1.3
.8
.9
.9
2.6
.9
4.3
1.0
5.5
1.0
3.4
1.0
3.6
1.0
1.6
1.1
2.1
1.1
3.0
1.1
3.3
1.3
3.2
1.2
2.6
1.2
4.3
1.1
3.5
1.1
3.0
1.0
3.2
1.1
2.3
1.1
3.6
1.2
1.9
1.3
2.4
1.3
1.4
7
8
.1
.1
0
.3
-.2
-.1
-.1
0
-.2
-.8
0
-.3
-.2
—.4
-.6
-.8
-.6
0
-2
-.5
-.2
.1 -.2
.2
9
217.8
228.0
243.5
255.4
264.6
270.7
274.7
279.3
280.6
281.1
286.1
295.8
300.6
302.8 301.5
294.0
294.9
295.4 299.0
307.2
317.5
325.9 331.2 338.0
10
28.0
31.6
36.0
39.0
38.0
37.8
38.0
38.8
36.5
34.2
33.6
37.6
38.4
37.7
36.5
29.4
31.9
33.3
34.9
38.3
43.6
44.8
44.7
45.9
11
2.2
6.8
0
2.2
6.8
0
2.3
7.1
0
2.3
7.5
.1
2.5
8.4
.2
2.6
8.5
-.1
2.8
8.4
.8
2.8
8.6
-.6
2.9
9.0
.1
3.0
8.9
.1
3.1
8.9
-.3
3.1
9.1
0
3.2
9.2
0
3.3
9.3
-.1
3.3
9.1
-.1
3.7
9.0
-.1
3.9
10.0
0
4.2
10.0
0
4.4
10.1
0
4.6
10.3
0
4.7
11.0
.1
4.8
11.3
.5
4.8
11.7
-.6
4.8
11.8
0
12
13
14
20.7
14.2
11.2
11.4
11.4
11.7
11.8
11.8
11.5
11.7
12.5
12.6
12.7
12.7
13.0
13.4
14.3
15.0
15.4
16.0
15.9
16.2
16.3
16.4
15
8.7
2.2
8.8
2.2
9.1
2.3
9.2
2.3
9.4
2.5
9.5
2.6
9.7
2.8
9.8
2.8
9.9
2.9
10.1
3.0
10.4
3.1
10.7
3.1
10.9
3.2
11.2
3.3
11.5
3.3
12.0
3.7
12.3
3.9
12.6
4.2
12.9
4.4
13.1
4.6
13.3
4.7
13.6
4.8
14.0
4.8
14.3
4.8
1"
III
IV
366.2 375.0
I
II
III IV
387.5 395.4 404.0 410.2
1
(
16
17
18
4.4
4.4
4.4
4.4
4.4
4.4
4.5
4.4
4.4
4.4
4.4
4.5
4.5
4.5
4.5
4.6
4.7
4.7
4.6
4.6
4.5
4.6
4.8
2.1
2.2
2.4
2.5
2.5
2.5
2.5
2.5
2.6
2.8
2.9
3.1
3.3
3.5
3.7
3.8
3.8
3.8
3.8
3.9
4.1
4.3
4.6
4.8
20
8.3
.8
219.1
8.3
.8
219.4
9.1
.8
9.5
.8
8.5
.9
8.4
1.0
8.5
1.0
8.0
1.0
8.5
1.0
8.5
1.1
8.7
1.1
8.4
1.1
9.1
1.3
9.0
1.2
8.8
1.2
9.3
1.1
8.7
1.1
9.1
1.0
9.2
1.1
9.8
1.1
9.9
1.2
10.5
1.3
10.7
1.3
21
22
228.2
237.4
8.3
.9
245.5
252.4
255.6
260.8
262.6
266.4
273.2 279.0
283.0
287.0
287.3
287.4
286.1
285.3
305.5 312.7 318.2
23
j
287.8 293.4 298.2
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
24
Table 1.9.—Relation of Gross National Product, Net National Product, National Income, and Personal Income:
[Billions of
I
1
Gross national product
2
Less: Capital consumption allowances
with capital consumption adjustment.
Capital consumption allowances
without capital consumption
adjustment.
Less: Capital consumption adadjustment.
3
4
1958
1957
1956
Line
-6.7
374.6
379.1
-6.6
-6.9
-6.7
-7.2
-6.7
-6.0
-6.9
-7.1
-6.8
-5.5
-7.2
-6.8
-7.0
33.2
40.2
-6.6
-7.2
32.7
39.5
37.7
36.4
32.2
39.2
37.1
35.6
31.9
38.4
36.6
34.8
41.0
46.9
36.6
34.0
438.9
40.4
493.5
45.4
43.3
430.9
39.4
46.4
476.0
44.9
435.8
43.1
422.4
38.3
486.5
466.3
44.3
442.8
42.4
417.4
37.4
45.8
453.1
43.7
448.2
41.6
411.9
489.9
439.9
441.0
IV
IV
IV
IV
II
III
in
III
III
I
:II
1959
I
II
I
II
5
Equals: Net national product
383 0
390.5
397.9
399.4
405.9
399.8
392.5
396.2
408.8
421.4
430.6
444.1
440.1
446.6
6
Less: Indirect business tax and nontax
liability.
Business transfer payments
Statistical discrepancy.
33.8
34.4
35.4
36.6
37.0
37.4
37.9
37.6
37.8
38.3
38.7
39.9
40.5
41.0
42.5
43.2
1.3
—.3
1.4
—.8
1.4
—.8
1.5
— 3
1.5
—.6
1.5
1.3
1.6
.7
1.6
—.3
1.5
1.8
1.6
3.5
1.6
2.0
1.7
—.8
1.7
—1.0
.3
.7
.8
.5
1.1
.7
.5
.8
.8
1.3
1.5
.2
-.2
1.8
—.7
.1
1.9
1.6
Plus: Subsidies less current surplus of
government enterprises.
1.4
—.8
1.1
340.0
344 a
347 8
354.4
360 3
362.1
365.8
360.4
354.3
355.4
366.3
379.4
389.5
402.1
396.6
400.1
43.6
43.3
42.0
42.2
43.9
43.0
42.4
38.8
33.0
34.1
38.3
43.9
47.4
52.3
46.8
46.5
5.0
12.5
0
5.2
12.7
0
5.4
13.1
0
5.4
13.4
0
6.0
14.7
0
6.3
14.8
0
6.8
15.1
0
6.9
14.9
0
7.5
14.9
.6
7.8
14.9
.6
8.2
15.5
-1.3
8.6
15.5
0
8.7
17.7
0
8.7
18.1
0
8.8
18.1
0
9.1
18.2
0
7
8
9
10
Equals: National income
11
Less: Corporate profits with inventory
valuation and capital consumption adjustments.
Net interest
Contributions for social insurance..
Wage accruals less disbursements...
12
13
14
15
. . .
21
22
Plus: Government transfer payments to
persons.
Personal interest income .
Net interest
Interest paid by government to
persons and business.
Less: Interest received by government.
Interest paid by consumers to
business.
Dividends
Business transfer payments
23
Equals: Personal income
16
17
18
19
20
16.8
17.1
17.6
17.8
18.7
20.0
20.2
21.6
22.9
24.7
25.1
24.7
24.9
24.9
25.2
25.9
14.7
5.0
15.2
5.2
15.5
5.4
16.0
5.4
16.5
6.0
17.1
6.3
17.7
6.8
18.1
6.9
18.2
7.5
18.3
7.8
19.0
8.2
19.5
8.6
19.9
8.7
20.5
8.7
21.2
8.8
22.1
9.1
4.9
5.0
5.4
5.2
5.3
5.4
5.7
5.2
5.0
5.3
5.4
5.5
5.8
6.2
6.5
5.0
10.9
1.3
5.1
5.1
5.2
5.3
5.4
5.5
5.6
5.6
5.5
5.5
5.6
5.7
6.0
6.2
6.5
10.9
1.4
11.0
1.4
11.4
1.4
11.5
1.5
11.7
1.5
11.8
1.5
11.5
1.6
11.4
1.6
11.4
1.5
11.3
1.6
11.0
1.6
11.7
1.7
12.1
1.7
12.4
1.8
12.5
1.9
322.6
328.2
332.7
340.0
343.9
348.3
352.9
352.6
352.3
353.9
362.7
368.2
373.9
382.2
353.5
388.7
1"
I
1
Gross national product
Less: Capital consumption allowances
with capital consumption adjustment.
Capital consumption allowances
without capital consumption
adjustment.
Less: Capital consumption adadjustment.
3
4
..
5
Equals: Net national product
6
Less: Indirect business tax and nontax
liability.
Business transfer payments
Statistical discrepancy
Plus: Subsidies less current surplus of
government enterprises.
7
8
9
1967
1966
Line
2
.2
733.7
747.6
59.8
60.8
60.3
.5
II
IV
III
][I
1968
IV
III
I
II
IV
III
771.7
r77.5
785.8
803.1
818.7
837.3
861.8
880.0
894.7
62.3
64.0
64.8
65.9
67.7
69.7
70.8
72.3
74.7
77.3
61.4
62.5
63.9
64.8
66.0
67.6
68.9
70.0
71.3
72.6
74.3
.6
.2
0
0
0
-.9
-.8
-1.0
-2.1
-3.1
759.0
.2
686.7
696.7
707.7
712.8
720.0
735.5
749.0
766.5
789.5
805.4
817.3
63.4
64.9
65.9
67.1
67.8
69.1
71.1
73.0
75.5
77.8
80.2
81.9
3.0
3.7
2.5
3.0
4.0
2.8
3.1
2.6
2.6
3.1
2.5
2.1
3.1
2.4
1.7
3.1
2.0
2.0
3.1
2.5
1.3
3.1
.1
1.4
3.2
-1.2
1.3
3.3
1.1
1.3
3.4
—.4
1.3
3.5
-2.0
1.5
673.9
10
Equals: National income
606 3
(J17 7
627.7
637.1
641.2
647.8
660.1
674.2
690.3
708.6
723.4
735.4
11
Less: Corporate profits with inventory
valuation and capital consumption adjustments.
Net interest
Contributions for social insurance..
Wage accruals less disbursements..
83.1
83.4
81.6
82.0
78.8
78.0
78.7
81.6
82.7
87.1
86.9
86.4
20.5
37.4
0
21.5
38.1
0
22.3
39.6
0
23.2
40.1
0
23.4
41.8
0
23.9
43.0
0
24.5
43.9
0
25.3
44.9
0
25.9
46.7
0
26.4
47.6
0
27.2
48.6
0
27.7
49.3
0
39.8
39.8
41.8
45.2
48.0
48.9
50.0
51.0
53.1
56.2
57.8
59.1
39.8
20.5
13.3
41.3
21.5
13.7
42.4
22.3
14.2
43.7
23.2
14.6
44.2
23.4
14.7
44.5
23.9
14.6
45.1
24.5
15.2
46.5
25.3
16.1
47.6
25.9
16.9
49.1
26.4
17.6
50.2
27.2
17.3
51.4
27.7
17.4
19
Plus: Government transfer payments to
persons.
Personal interest income.
Net interest
Interest paid by government to
persons and business.
Less: Interest received by gov-
5.6
5.9
6.1
6.3
6.3
6.4
7.1
7.6
8.0
8.0
7.8
7.5
20
Interest paid by consumers to
11.6
11.9
12.0
12.3
12.3
12.4
12.5
12.7
12.9
13.1
13.5
13.8
20.1
3.0
19.6
3.0
19.3
3.1
18.8
3.1
19.7
3.1
20.3
3.1
20.7
3.1
19.8
3.1
21.7
3.2
21.1
3.3
22.4
3.4
22.5
3.5
578.3
590.8
602.5
612.2
619.7
631.8
642.8
660.1
677.8
694.5
708.5
12
13
14
15
16
17
18
21
22
23
Dividends
Business transfer payments
Equals: Personal income
567.9
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
25
Annually, 1946-74, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-74—Continued
dollars]
1962
1961
I960
1964
1963
1965
Line
I
IV
I
n
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
5C6.5 506.2
III
II
II
III
IV
504.6
507.1
518.2
527.2
540.7
553.0
562.1
567.8
572.3
580.2
587.9
600.5
610.4
622.4
632.4
642.1
646.0
665.4
47.2
47.5
47.9
48.3
48.4
48.8
49.3
49.8
50.0
50.2
50.7
51.2
51.5
51.9
52.5
53.2
53.5
54.0
54.9
55.8
56.2
56.8
57.8
59.1
2
40.9
41.3
41.8
42.1
42.6
43.2
43.5
44.0
47.0
47.5
48.2
48.9
49.4
50.5
51.2
52.2
53.0
53.4
54.4
55.1
56.1
57.2
58.5
59.2
3
-6.3
-6.2
-6.1
-6.2
-5.8
-5.6
-5.8
-5.8
-2.9
-2.7
-2.4
-2.3
-2.0
-1.4
-1.3
-1.0
-.6
-.6
-.4
-.7
-.1
.4
.7
.1
4
459.4
459.0
458.3
456.3
458.8
469.4
477.8
490.9
503.1
511.9
517.1
521.1
528.7
536.1
548.0
557.2
568.9
578.4
587.2
590.2
609.1
621.9 637.3 654.2
5
44.5
45.2
45.7
46.2
46.8
47.5
48.4
49.5
50.6
51.1
52.1
52.5
53.2
54.2
55.2
56.0
56.9
58.0
59.5
60.5
62.0
62.2
62.4
63.7
6
1.9
.4
2.0
-1.6
2.0
2.0
2.1
3.6
2.1
5.3
2.2
4.9
2.2
2.1
2.4
2.9
2.4
2.0
2.4
4.9
2.4
5.1
2.5
5.3
2.6
4.5
2.7
1.5
2.7
-2.3
2.8
-1.2
2.8
-.8
2.8
2.8
2.8
2.8
7
8
1.3
1.7
2.0
2.2
1.9
2.1
1.6
.3
2.0
-.8
.8
2.0
.5
.2
2.0
-.7
.4
1.8
1.8
2.0
1.6
1.6
.9
1.5
1.1
1.0
1.7
2.0
1.8
1.2
1.6
1.2
1.6
2.1
9
412.9
413.0
412.5
409.6
410.7
419.5
427.2
439.5
448.5
455.4
459.6
465.9
471.2
479.0
486.6
494.6
505.8
515.3
525.3
530.4
547.1
51.0
46.9
45.6
42.9
42.1
45.9
47.7
51.9
53.9
53.9
54.7
56.9
56.6
59.1
60.8
62.0
66.2
66.9
68.3
66.5
73.9
75.9
77.9
80.7
11
9.5
20.9
0
9.4
21.0
0
9.9
21.2
0
10.2
21.2
0
10.5
21.6
0
11.0
21.8
0
11.4
22.1
0
12.1
22.3
0
12.1
24.0
0
12.6
24.3
0
13.0
24.4
0
13.4
24.6
0
13.8
26.8
0
14.0
27.1
0
14.5
27.5
0
15.0
27.9
0
15.3
28.1
0
15.6
28.5
0
16.2
28.9
.1
16.5
29.2
-.1
17.6
29.3
0
18.3
29.7
0
19.0
30.2
0
19.2
30.9
0
12
13
14
25.8
26.5
27.3
28.3
30.1
31.0
31.2
30.7
31.3
31.2
31.7
32.3
33.7
32.9
33.2
33.9
34.9
34.5
34.8
35.0
36.3
36.0
39.6
38.6
15
23.0
9.5
23.1
9.4
10.0
23.3
9.9
9.7
23.7
10.2
9.5
23.8
10.5
9.3
24.3
11.0
9.5
24.8
11.4
9.7
25.6
12.1
9.8
25.8
12.1
10.1
26.7
12.6
10.3
27.6
13.0
10.6
28.5
13.4
10.7
29.0
13.8
10.8
29.6
14.0
11.0
30.5
14.5
11.3
31.5
15.0
11.6
32.0
15.3
11.8
32.8
15.6
12.1
33.7
16.2
12.1
34.5
16.5
12.1
35.6
17.6
12.4
36.8
18.3
12.7
37.8
19.0
12.7
38.6
19.2
12.9
16
17
18
6.7
3.3
6.9
3.3
7.1
3.3
7.2
3.3
7.3
3.5
7.3
3.6
7.3
3.7
7.4
3.7
7.5
4.0
7.7
3.9
7.9
3.8
8.1
3.9
8.4
4.1
8.7
4.3
9.0
4.4
9.3
4.6
9.4
4.7
9.7
4.7
10.1
4.5
10.4
5.0
10.6
5.3
11.0
5.1
11.3
5.0
11.4
19
20
12.7
1.9
12.8
2.0
13.1
2.0
13.0
2.0
13.0
2.0
13.1
2.0
13.4
2.0
13.9
2.1
14.0
2.1
14.4
2.1
14.6
2.2
14.7
2.2
15.1
2.4
15.4
2.4
15.6
2.4
16.6
2.5
17.2
2.6
17.5
2.7
18.9
2.8
19.4
2.8
401.6
402.3
405.6
411.3
417.5
425.5
431.8
439.0
443.5
448.6
454.2
459.0
465.6
482.2
491.4
500.5
20.0
2.8
529.5 543.5 556.0
21
22
400.0
18.0
2.7
508.5
18.2
2.8
395.0
16.0
2.4
473.6
506.6
j 10.0
1 3.2
1969
559.0 570.9 586.9
1973 *
1972
1971
1970
519.1
678.7 695.1 713.3
1
10
23
1974*
Line
I
II
913.0 929.0
III
IV
946.9
953.3
I
IV
I
II
III
IV
I
III
II
III
IV
964.2
976.5
992.6
996.3 ,034.0 ,056.2 ,072.4 1,091.2 ,127.0 ,156.7 1,181.4 1,219.4 1,265.0 ,287.8 ,319.7 1,352.7 ,370.9 1,391.0 1,424.4 1,441.3
I
II
III
IV
I
II
III
II
IV
1
79.0
81.0
83.7
86.3
87.7
89.4
91.8
94.3
96.1
97.5
99.6
101.9
101.5
106.7
105.3
108.1
111.0
115.3
118.3
123.7
126.9
131.1
136.1
142.1
2
76.1
78.0
79.8
81.2
81.7
83.2
85.0
86.4
87.8
89.1
90.8
92.2
95.5
100.2
99.9
102.5
103.8
107.0
107.6
111.2
112.4
114.8
117.5
120.6
3
-3.9
-5.2
-6.0
-6.2
-6.9
-7.9
-8.3
-8.4
-8.8
-9.7
-6.0
-6.4
-5.4
-5.6
-7.1
- 8 . 3 -10.6 -12.5 - 1 4 . 5 - 1 6 . 3 -18.6 -21.5
4
848. 1863.2
-2.9 -3.0
867.0
876.5
887.1
900.8
902.0
937.9
958.7
972.8
989.2 ,025.5 1,050.1 1,076.1 1,111.3 1,154.1 ,172.5 ,201.4 1,229.1 ,244.0 1,259.9 1,288.3 1,299.3
85.5
87.7
89.2
90.8
93.2
95.2
96.9
100.7
102.0
104.4
106.5
107.5
109.7
111.8
115.0
117.9
119.9
121.1
121.9
123.3
126.6
129.6
129.5
6
3.7
3.8
-1.5 -3.4
1.5
1.7
3.9
-2.9
2.0
4.0
-5.3
2.1
4.0
-3.9
2.3
3.9
-2.8
3.0
4.0
—1.5
2.7
4.1
-.1
2.8
4.1
1.1
3.0
4.2
3.3
2.6
4.3
2.8
2.0
4.4
-1.8
2.0
4.6
-3.0
2.7
4.7
2.3
3.8
4.8
4.0
4.3
4.9
3.4
3.6
5.0
3.2
3.1
5.1
—.9
4.5
5.2
1.0
4.0
5.4
-1.8
3.3
5.6
-6.2
1.0
5.8
-1.6
.5
5.9
2.4
.9
6.0
2.9
.4
7
8
9
750.2 763.8
991.7 1,031.2 1,052.9 1,078.1 [,106.8 ,122.3 1,129.6 1,151.3 1,161.3
10
834.0
83.1
5
776.5
781.2
787.9
795.7
805.8
804.0
835.0
851.8
863.4
882.1
919.1
937.2
959.8
86.0
84.2
81.0
74.6
68.9
68.9
69.4
64.4
73.9
77.5
77.5
79.9
86.8
89.9
92.6
99.0
101.9
99.6
98.9
100.4
99.6
94.3
89.2
82.0
11
29.0
53.1
0
30.2
54.3
0
31.4
55.7
0
32.6
56.6
0
34.4
57.9
2.5
36.7
58.6
-2.1
38.8
59.2
40.3
59.0
0
41.6
63.7
0
42.5
64.5
.2
43.2
65.3
.6
43.9
65.9
1.5
44.7
72.3
-1.4
46.0
72.8
—.4
47.7
74.1
-.2
49.6
75.2
2.1
51.9
88.8
0
54.3
90.5
57.6
92.4
0
61.3
94.2
0
64.8
100.2
0
68.7
101.9
-.6
72.7
104.4
-1.5
76.7
105.0
0
12
13
14
60.7
62.1
63.2
64.7
67.1
77.1
77.8
81.6
83.5
91.2
91.6
93.2
95.6
96.1
97.5 108.3
110.0
111.9
114.5
117.5
123.5
130.7
138.4
145.5
15
53.1
29.0
17.8
55.1
30.2
18.5
56.6
31.4
19.1
58.9
32.6
20.3
60.9
34.4
20.9
63.1
36.7
21.1
65.9
38.8
21.4
67.3
40.3
21.1
68.8
41.6
20.3
69.2
42.5
21.0
69.1
43.2
21.8
70.2
43.9
21.5
71.7
44.7
21.1
73.3
46.0
21.2
75.3
47.7
21.3
78.1
49.6
22.4
81.7
51.9
24.1
85.9
54.3
25.2
90.7
57.6
26.2
95.4
61.3
26.9
99.0
64.8
27.4
104.0
68.7
29.2
109.1
72.7
29.9
114.0
76.7
30.3
16
17
18
8.0
8.2
8.7
9.0
9.7
10.1
9.9
10.0
8.9
10.3
12.2
11.9
11.2
11.4
11.9
12.6
13.9
13.9
14.1
14.5
15.2
16.4
16.4
16.1
19
14.3
14.6
14.8
15.1
15.2
15.4
15.6
15.8
15.9
16.1
16.3
16.7
17.1
17.6
18.1
18.7
19.5
20.3
21.0
21.7
22.1
22.5
22.9
23.0
20
22.2
3.7
22.4
3.8
22.7
3.9
23.0
4.0
23.0
4.0
23.0
3.9
22.9
4.0
22.7
4.1
23.2
4.1
23.0
4.2
23.1
4.3
22.7
4.4
23.8
4.6
24.3
4.7
24.9
4.8
26.4
5.0
27.2
5.1
21
22
721.9 738.5
754.8
768.0
779.2
800.8
809.2
815.9
835.5
854.7
864.7
881.4
912.4
927.2
948.0
31.7
31.7
30.9
5.9
6.0
5.8
982.6 1,011.6 1,039.0 1,067.8 1,098.8 1,115.9 1,136.6 1,171.6 1,194.8
25.4
4.9
28.1
5.2
29.5
5.4
30.0
5.6
23
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
26
Table 1.10.—-Relation of Gross National Product, Net National Product, and National Income in Con[BiUionsof
1946
Line
Gross national product
Less: Capital consumption allowances
with capital consumption adjustment.
Equals: Net national product
Less: Indirect business tax and nontax
liability plus business transfer
payments less subsidies plus
current surplus of government
enterprises.
Residual i .
Equals: National income..
1947
1948
1949
1950
1951
1953
1952
1954
1955
1956
477.0
468.3
487.7
490.7
533.5
576.5
598.5
621.8
613.7
654.8
668.8
680.9
33.8
36.2
38.9
41.2
43.5
46.0
48.2
50.7
52.8
55.0
57.1
59.2
443.3
432.1
448.8
449.4
489.9
530.5
550.3
571.2
560.9
621.8
44.2
45.3
48.4
50.2
51.9
54.1
55.1
599.8
58.3
611.7
41.6
43.1
60.4
62.3
—3.0
—1.9
—1.7
1.8
3.8
5.5
5.7
7.3
6.2
4.8
—.9
404.7
390.8
406.3
402.4
437.7
474.8
492.7
509.7
499.6
536.7
552.2
1947
1948
1949
.
Less: Capital consumption allowances
with capital consumption adjustment.
Equals: Net national product
Less: Indirect business tax and nontax
liability plus business transfer
payments less subsidies plus
current surplus of government
enterprises.
Residual iEquals: National income.
II
III
IV
467.5
468.0
473.7
35.2
35.7
36.5
37.4
428.9
431.8
431.4
42.3
43.2
43.3
464.0
II
III
IV
486.0
490.8
495.9
37.9
38.5
39.2
40.0
436.3
439.4
447.5
451.6
43.7
43.9
44.0
44.2
477.3
560.2
1950
Line
Gross national product
1957
II
III
IV
490.9
488.9
493.4
489.2
40.3
40.8
41.5
42.2
455.9
450.6
448.1
451.9
44.4
44.6
45.0
45.5
II
III
IV
511.5
525.1
542.4
554.6
42.6
43.1
43.8
44.6
447.0
468.9
482.0
498.5
510.0
46.1
46.7
47.8
49.7
49.4
-5.6
-2.3
-1.0
1.5
-2.6
-3.5
.3
-1.1
.6
1.1
2.4
3.0
7.2
3.9
2.6
1.7
392.2
390.9
389.1
391.1
398.1
406.9
407.0
412.6
405.4
402.0
404.0
398.0
415.0
430.3
446.2
458.9
1957
1958
1959
Line
II
Gross national product
Less: Capital consumption allowances
with capital consumption adjustment.
Equals: Net national product
Less: Indirect business tax and nontax liability plus business transfer payments less subsides plus current surplus of government enterprises.
Residual^
Equals: National income
III
II
IV
Less: Indirect business tax and nontax
liability plus business transfer
payments less subsidies plus current surplus of government enterprises.
Residual*
Equals: National income..
IV
685.6
676.7
663.4
668.2
684.4
702.1
710.7
726.3
718.6
726.2
58.8
59.4
59.9
60.2
60.6
61.1
61.6
61.8
62.1
62.6
63.2
622.0
622.1
626.3
616.8
603.2
607.6
623.3
640.5
648.9
664.2
656.0
663.0
61.7
62.0
62.6
62.9
62.1
62.5
63.2
64.0
65.1
65.9
66.7
67.3
-1.5
-2.4
.5
.4
.1
4.2
7.5
5.9
1.9
1.6
2.0
5.2
561.8
562.5
563.2
553.5
541.0
540.9
552.6
570.6
581.9
596.7
587.2
590.6
1967
III
IV
II
III
IV
II
III
IV
969.6
976.3
985.4
992.8
994.4
1,001.3
1,013.6
1,021.5
1,031.4
1,049.4
1,061.8
1,064.7
78.1
79.1
80.5
81.9
82.6
83.4
84.7
86.0
86.7
87.6
88.9
90.3
891.5
897.1
904.9
910.9
911.8
917.9
928.9
935.5
944.7
961.9
972.9
974.3
88.1
89.0
90.2
90.9
91.2
92.0
92.7
93.7
95.0
96.1
97.7
98.4
2.9
3.6
2.3
2.6
3.0
2.8
3.4
.2
-1.8
.5
-1.8
-4.1
800.5
804.6
812.4
817.4
817.6
823.1
832.8
841.6
851.4
865.3
877.0
880.1
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY O? CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT BUSINESS.
1. Beginning with 1947, the annual estimates equal GNF in constant dollars measured as
the sum offinalproducts less GNP in constant dollars measured as the sum of gross product
III
680.9
II
Equals: Net national product
II
58.4
1966
Less: Capital consumption allowances
with capital consumption adjustment.
IV
680.4
Line
Gross national product
III
by industry. The quarterly estimates are obtained by interpolating the annual estimates
with the statistical discrepancy deflated by the implicit price deflator for gross domestic
business product. The annual estimate for 1946 equals the deflated statistical discrepancy
adjusted for the difference in 1947 between the residual and the deflated statistical discrepancy.
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
27
stant Dollars: Annually, 1946-74, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1947-74
1972 dollars]
1962
1967
1968
1969
1970
1971
1972
1973*
1974*
981.0
1,007.7
1,051.8
1,078.8
1,075.3
1,107.5
1,171.1
1.233.4
1,210.7
79.9
84.2
88.4
92.9
97.5
101.6
105.4
110.9
116.7
850.0
901.1
923.5
963.4
985.9.
977.8
1,005.9
1,065.8
1,122.5
1,094.0
85.0
89.5
92.4
96.8
100.2
102.4
106.2
112.1
117.8
117.7
1965
1966
874.4
925.9
72.7
75.9
760.6
801.6
76.8
80.5
1964
I960
1961
720.4
736.8
755.3
799.1
830.7
62.4
64.3
66.1
68.0
70.2
618.6
658.0
672.5
689.2
731.2
63.0
66.3
68.2
69.8
73.7
4.4
2.7
1.8
5.1
4.8
3.6
4.0
-.4
2.8
2.4
-1.8
-5.9
-4.2
-.1
1.7
4.0
2.9
589.1
602.5
614.3
652.7
680.1
717.1
765.5
808.7
828.8
868.5
891.6
879.5
899.9
951.9
1,000.7
973.4
1959
1958
679.5
551.2
1951
1963
1953
1952
II
III
IV
562.4
573.2
584.7
585.7
45.1
45.6
46.4
47.1
517.3
527.6
538.3
50.2
49.7
50.1
1954
II
III
IV
622.2
626.2
622.4
616.4
608.1
49.7
50.3
51.0
51.7
52.0
52.4
563.2
572.4
576.0
571.5
564.8
556.0
53.3
53.6
54.1
54.3
54.4
54.3
II
III
IV
591.3
592.1
598.3
612.5
47.4
47.8
48.5
49.2
538.6
543.9
544.3
549.8
50.7
51.0
51.5
51.8
II
1955
III
IV
614.4
626.1
53.0
53.7
553.2
561.4
54.7
55.2
1956
II
III
IV
641.1
650.8
660.3
667.0
664.1
54.0
54.4
55.7
55,8
56.2
572.4
587.1
596.4
604.6
611.2
607.9
56.2
57.1
57.9
58.8
59.6
59.7
Line
II
III
IV
667.5 667.9 675.7
56.7
57.4
58.1
610.7 610.4 617.6
60.5 61.3
60.1
3.6
5.9
7.8
4.8
6.2
4.0
5.5
7.2
7.5
7.2
6.1
8.6
7.1
6.2
6.6
5.0
7.0
4.3
5.0
3.0
.2
- . 8 -1.2 -1.6
463.5
472.1
480.3
483.0
486.8
488.9
492.4
502.7
511.3
514.7
511.0
501.8
494.6
492.3
499.6
511.2
523.1
534.1
540.8
548.6
548.0
551.4 551.2 558.0
1960
1962
1961
II
III
IV
736.6
749.0
758.7
776.9
65.3
65.8
66.4
66.9
666.8
671.3
683.2
692.3
68.7
68.7
70.0
II
III
IV
740.7
738.9
735.7
731.9
63.5
64.0
64.6
65.1
677.1
674.9
671.1
67.6
68.1
1963
II
III
IV
788.1
798.3
804.3
805.8
67.2
67.6
68.2
68.8
710.0
720.9
730.7
736.1
737.0
71.3
72.2
73.0
74.2
75.4
1964
1965
II
III
IV
I
II
III
IV
823.7
838.8
846.9
861.1
872.0
880.5
883.9
903.0
69.8
70.5
71.2
71.7
72.3
73.1
74.0
75.0
744.2
754.0
768.3
775.7
789.4
799.7
807.4
810.0
828.0
75.7
76.4
77.3
78.0
79.1
79.7
81.3
82.0
83.2
813.5
II
75.3
.5
1.6
3.9
6.2
5.9
4.3
5.8
6.9
5.3
1.1
2.0
1.0
5.3
6.2
7.4
7.2
3.4
-2.1
-1.9
-2.5
602.3
5%. 5
598.7
607.7
616.5
634.5
642.9
650.8
656.6
660.5
666.5
676.6
685.8
191.5
702.9
712.9
722.7
730.0
746.6
759.3
III
IV
II
III
II
IV
III
IV
II
1,074.8 1,079.6 1,083.4 1,077.5 1,073.6 1,074.1 1,082.0 1,071.4 1,095.3 1,103.3 1,111.0 1,120.151,141.21
,141.
91.1
92.1
93.5
94.9
95.8
96.8
98.1
99.4 100.4 100.9 101.9 103.2
983.7
987.5
989.9
982.5
977.8
977.3
983.9
972.0
99.0
99.8
100.6
101.4
101.6
102.0
103.0
103.2
IV
II
1.4
1.4
769.4 786.6
1974*
III
IV
II
III
IV
i.O 1,178.0 1,202.22 1,227.7
1,228.4 1,236.5 1,240.9 1,228.7 1,217.2,1,210.2 1,186.8
1
107.1
104.8
106.0 108.2 110.8 111.3 113.4 114.2 116.0 117.4 119.2
994.9 1,002.4 1,009.1 1,017.4 1,037.7 1,055.91,073.2 1,096.2 1,119.5
1,119. 1,117. 61 ,125.2 1,127.5 1,114.4 1, 101.2 1,092.8 1,067.6
I
104.6 105.4 106.6 108.1 109.0 111.3 113.0 115.3 116.5 117.5 118.5 118.7 117.7 117.7 117.9 117.6
-3.
-6.1
-5.6
-8.2
-6.4
-5.0
-3.4
-1.8
-.6
888.4
893.8
894.9
889.3
882.6
880.3
884.3
870.7
890.9
103.5
1973*
III
77.2
85.4 86.9
84.3
1.8
II
76.1
841.1 856.2 874.8
605.1
1972
IV
916.4 932.3 952.0
3.4
1971
Line
III
606.2
1970
Line
1.7
1.4
-2.9
-3.9
1.7
4.2
4.6
5.5
901.1
912.2
932.6
942.9
955.9
976.3
997.5
2.7
-1.5
2.3
5.4
5.6
997.5 1,001.6 1,006.1
998.2
981.2
969.5
944.5
2.6
5.1
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
28
Table 1.11.—Net National Product and National Income by Sector and Industry:
[Billions of
1946
Line
1
2
3
Net national oroduct
Net domestic product
Business
1947
1949
1948
1950
1951
1952
1953
1954
1955
1956
1957
195.7
215.6
238.8
236.1
262.3
302.6
317.6
534.5
333.2
364.0
381.8
195.2
214.6
237.6
234.9
261.0
301.1
316.1
333.0
331.4
362.0
379.7
398.5
169.9
192.8
214.6
209.5
233.7
266.8
277.7
293.3
290.8
318.7
333.3
348.8
151.5
194.3
70.9
123.4
7.0
116.4
21.5
—1.2
191.9
67.9
124.0
8.3
115.8
16.6
1.0
214.2
79.3
134.9
9.5
125.5
17.5
2.0
242.8
93.3
149.5
10.6
138.9
20.0
4.0
256.0
97.2
158.8
12.4
146.4
19.1
2.7
272.9
106.0
166.8
14.5
152.4
17.0
3.3
271.5
99.9
171.6
16.4
155.2
16.3
3.0
301.0
114.0
186.9
17.7
169.3
15.3
2.5
319.0
119.0
200.0
19.1
180.9
15.1
—.8
334.0
122 8
211.2
21.0
190 2
14.7
.2
400.8
Statistical discrepancy.
17.7
.7
172.2
62.9
109.2
6.3
102.9
18.8
1.8
11
Households and institutions
4.5
5.1
5.6
5.9
6.4
6.9
7.2
7.8
8.1
9.1
9.8
10.6
12
Government
20.8
16.7
17.4
19.4
20.9
27.4
31.2
31.9
32.5
34.2
36.6
39.1
13
Rest of the world
4
5
7
8
9
10
14
16
16
17
18
19
20
21
22
Nonfarm
Manufacturing _ .
NonmanufacturinK
Housing
Other
..
Farm
National income
Domestic income
-
Business
Nonfarm
Manufacturing
Nonmanufacturing
Housing. _
Other
Farm
23
Households and institutions
24
Government
26
Rest of the world
.5
.9
1.2
1.1
1.3
1.5
1.5
1.5
1.8
2.0
2.2
2.3
178.3
194.6
219.0
212.7
236.2
272.3
285.8
299.7
299.1
328.0
346.9
362.3
177.8
193.6
217.8
211.5
234.9
270.8
284.4
298.2
297.3
326.0
344.7
360.0
152.5
171.8
194.8
186.2
207.6
236.5
246.0
258.5
256.8
282.8
298.3
310.3
134.6
153.3
66.9
96.5
4.2
92.3
18.4
173.8
64.6
109.2
4.7
104.5
21.0
170.2
61.4
108.8
5.7
103.0
16.0
190.7
72.2
118.5
6.7
111.7
16.9
217.1
85.8
131.3
7.6
123.7
19.4
227.6
88.6
139.0
9.0
130.0
18.4
242.2
96.8
145.4
10.7
134.7
16.3
241.2
91.2
150.0
12.4
137.6
15.6
268.3
104.3
163.9
13.2
150.7
14.5
283.8
108.9
175.0
14.1
160.9
14.5
295.8
112.1
183.7
15.5
168.3
14.5
_.
17.9
4.5
5.1
5.6
5.9
6.4
6.9
7.2
7.8
8.1
9.1
9.8
10.5
20.8
16.7
17.4
19.4
20.9
27.4
31.2
31.9
32.5
34.2
36.6
39.1
.5
.9
1.2
1.1
1.3
1.5
1.5
1.5
1.8
2.0
2.2
2.3
1
2
3
4
5
6
7
8
9
10
11
Net national product
Net domestic product
Business
Nonfarm
Manufacturing
NonmanufacturiTiig
Housing
Other
Farm
Statistical discrepancy
Households and institutions
12
Government
13
Rest of the world
14
National income
Domestic income...
15
16
17
18
19
20
21
22
Business
Nonfarm
\ f annfftfttnrin «r
Nonmanufacturing
Housing
Other
Farm
23
Households and institutions
24
Government
25
Rest of the world
.
...
I
n
III
IV
184.5
191.7
201.3
184.0
191.2
200.8
154.1
166.3
136.6
I
II
III
IV
I
II
III
IV
I
II
III
IV
205.4
209.1
212.4
215.6
224.9
230.3
237.1
243.4
244.2
238.7
235.0
236.5
233.9
204.7
208.2
211.5
214.7
223.9
229.2
235.9
242.2
243.0
237.5
233.8
235.3
232.8
177.4
181.7
186.0
189.2
193.5
202.3
207.3
213.5
218.7
218.7
212.7
208.7
210.0
206.6
148.9
157.2
163.1
165.8
170.1
172.7
179.9
188.0
192.6
197.0
199.6
195.5
191.4
192.5
188.6
15.6
2.0
16.4
1.0
19.2
1.0
19.7
-1.1
20.1
0
17.1
1.9
18.5
2.3
19.5
2.9
19.8
-.5
23.0
-2.1
22.3
-.6
20.8
-1.6
17.5
-.2
16.8
.5
15.9
1.5
16.1
1.9
4.5
4.3
4.4
4.8
4.6
5 1
5.4
5.4
5.3
5.5
5.8
5.7
5.8
5.9
5.8
6.2
19.5
20.0
25.4
20.6
18.9
18.3
167.4
174.7
182.5
188.4
167.0
174.2
182.0
187.7
137.1
149.3
158.7
164.7
17.6
17.1
15.9
16.2
16.5
16.9
17.7
18.5
19.0
19.2
1.0
1.1
1.2
1.2
1.2
1.2
1.2
1.0
210.5
209.4
218.1
216.9
1.2
222.8
217.2
216.0
212.2
211.1
212.3
211.1
209.2
208.2
191,7
194.1
189.6
190.8
193.2
201.7
200.7
221.6
224.6
223.4
167.3
1L68.5
171.9
179.1
187.5
194.5
198.1
199.1
191.2
186.0
185.7
182.0
147.4
151 7
153.9
160.1
168.5
172.4
176.0
178.3
174.4
169.9
170.4
166.2
15.8
190.5
121.2
132.6
139.6
1448
15.9
16.7
19.1
19.9
20.0
16 8
18.0
18.9
19.0
22.1
22.1
20.8
16.8
16.0
15.3
4.5
4.3
4.4
4.8
4.6
5.1
5.4
5.4
5.3
5.5
5.8
5.7
5.8
5.9
5.8
6.2
25.4
20.6
18.9
18.3
17.6
17.1
15.9
16.2
16.5
16.9
17.7
18.5
19.0
19.2
19.5
20.0
.5
.5
.5
.7
.9
.9
.9
1.0
1.1
1.2
1.2
1.2
1.2
1.2
1.2
1.0
• Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT BUSINESS.
1949
1948
1947
1946
Line
NOTE.—The industry classification within the business sector is on an establishment basis
and is based on the 1967 Standard Industrial Classification beginning with 1948 and on the
1942 Standard Industrial Classification prior to 1948.
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
29
Annually, 1946-74, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-74
dollars]
1959
1958
1962
1961
1960
1965
1964
1963
1966
1967
1969
1968
1970
1971
1972
1973*
1974*
Line
404.8
440.4
458.3
474.2
513.3
542.5
581.2
630.6
691.3
729.3
794.7
853.1
891.6
964.7
1,065.8
1,189.3
1,272.9
402.6
437.9
455.8
471.1
509.7
538.8
576.8
625.9
687.1
724.7
789.9
848.6
887.0
958.0
1,058.7
1,180.2
1,258.5
2
349.0
381.6
394.8
406.2
439.9
464.2
496.2
539.1
589.4
615.6
668.4
715.6
740.6
798.1
884.1
990.7
1,052.5
3
330.4
114.8
215.6
22.8
192.7
17.0
1.7
366.8
131.5
235.3
24.8
210.5
15.1
—.2
379.4
134.3
245.0
26.9
218.1
16.1
—.7
388.5
134.1
254.5
29.5
225.0
16.1
1.6
419.7
147.5
272.2
32.3
239.9
16.2
4.0
444.4
156.1
288.3
34.8
253.5
16.1
3.7
479.2
168.0
311.3
37.2
274.1
14.7
2.2
521.1
185.0
336.1
40.3
295.8
17.2
.9
568.3
203.5
364.8
43.5
321.3
17.9
3.2
597.2
207.6
389.6
47.2
342.4
16.7
1.7
652.2
227.0
425.2
49.5
375.8
16.8
—.6
699.9
238.1
461.8
52.8
409.0
19.0
—3.3
723.2
232.2
491.0
57.4
433.6
19.5
—2.1
776.1
241.9
534.1
62.8
471.3
20.7
1.3
857.8
268.1
589.8
68.8
521.0
24.6
1.7
948.3
295.5
652.9
73.8
579.0
42.0
.4
1,014.7
300.8
713.8
80.0
633.9
38.5
—.6
4
5
6
7
8
9
10
11
1
11.4
12.3
13.8
14.4
15.5
16.6
17.8
19.2
21.1
23.9
26.4
29.2
31.6
34.7
37.2
40.4
44.8
42.1
44.0
47.1
50.5
54.3
58.0
62.9
67.6
76.5
85.1
95.2
103.7
114.7
125.2
137.4
149.1
161.1
12
2.2
2.4
2.5
3.1
3.6
3.7
4.3
4.7
4.2
4.6
4.8
4.5
4.6
6.6
7.0
9.0
14.4
13
364.0
397.1
412.0
424.2
457.4
482.8
519.2
566.0
622.2
655.8
714.4
767.9
798.4
858.1
951.9
1.067.3
1,141.1
14
361.8
394.7
409.5
421.2
453.8
479.2
514.9
561.3
618.0
651.2
709.7
763.5
793.8
851.5
944.9
1,058.2
1,126.7
15
308.2
338.3
348.6
356.2
384.0
404.6
434.2
474.5
520.3
542.2
588.1
630.5
647.4
691.6
770.3
868.7
920.8
16
291.3
104.3
187.1
16.8
170.3
16.8
323.9
120.2
203.6
18.2
185.4
14.5
333.1
122.1
211.0
19.6
191.4
15.5
340.1
121.6
218.6
21.4
197.2
16.1
367.6
134.3
233.3
23.6
209.7
16.4
388.3
142.1
246.3
25.1
221.2
16.2
419.0
153.0
266.0
26.7
239.3
15.2
456.6
169.5
287.1
28.8
258.3
17.9
501.2
188.3
312.8
31.2
281.7
19.2
524.4
192.1
332.3
33.4
298.9
17.8
570.1
209.8
360.3
34.0
326.4
18.0
610.0
219.8
390.3
35.6
354.7
20.4
626.6
213.2
413.4
38.0
375.4
20.8
670.1
222.3
447.8
41.6
406.2
21.5
744.3
248.5
495.8
46.8
449.0
26.0
826.5
274.6
552.0
50.0
501.9
42.1
884.0
280.0
604.1
55.0
549.1
36.7
17
18
19
20
21
22
11.4
12.3
13.8
14.4
15.5
16.6
17.8
19.2
21.1
23.9
26.4
29.2
31.6
34.7
37.2
40.4
44.8
23
42.1
44.0
47.1
50.5
54.3
58.0
62.9
67.6
76.5
85.1
95.2
103.7
114.7
125.2
137.4
149.1
161.1
24
2.2
2.4
2.5
3.1
3.6
3.7
4.3
4.7
4.2
4.6
4.8
4.5
4.6
6.6
7.0
9.0
14.4
25
1952
1951
1950
1953
1954
1955
Line
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
244.5
253.6
270.4
280.8
293.8
300.6
306.3
309.6
312.1
312.0
317.2
328.9
334.6
337.4
335.8
330.1
329.5
329.0
332.9
341.1
353.4
360.9
67.8
73.7
1
243.3
252.4
268.9
279.3
292.5
299.1
304.7
307.9
310.6
310.6
315.7
327.4
333.1
335.8
334.4
328.6
327.7
327.3
331.2
339.1
351.4
359.0
65.8
71.7
2
217.3
226.2
241.5
249.7
260.5
265.4
269.3
271.8
273.3
272.4
276.8
288.4
293.7
295.9
294.5
288.9
288.1
287.1
290.4
297.5
309.6
316.0
22.1
27.1
3
196.7
207.6
222.5
229.8
238.4
241.0
243.9
248.1
250.9
251.5
254.0
267.9
272.8
275.8
275.3
267.7
267.4
268.3
270.8
279.6
290.4
298.5
04.5
10.9
16.5
4.0
16.5
2.0
17.7
1.3
19.0
.9
19.6
2.6
20.1
4.3
19.9
5.5
20.4
3.4
18.8
3.6
19.3
1.6
20.7
2.1
17.4
3.0
17.7
3.3
17.0
3.2
16.6
2.6
16.9
4.3
17.1
3.5
15.9
3.0
16.4
3.2
15.6
2.3
15.6
3.6
15.6
1.9
15.1
2.4
14.9
1.4
4
5
6
7
8
9
10
6.3
6.3
6.4
6.7
6.9
6.8
6.9
8.0
7.8
7.7
7.9
8.1
8.6
8.6
8.8
9.2
9.7
11
19.7
19.9
21.0
22.9
25.1
26.8
28.5
29.1
30.3
31.1
31.6
31.7
31. 8
32.1
32.0
31.9
31.9
32.3
32.7
33.0
33.2
34.2
34.5
34.9
12
1.2
1.2
1.5
1.4
1.3
1.5
1.6
1.7
1.5
1.5
1.5
1.4
5
1.6
1.5
1.6
1.7
1.7
1.8
2.0
2.0
1.9
2.0
2.0
13
217.8
228.0
243.5
255.4
264.6
270.7
274.7
279.3
280.6
281.1
286.1
295.8
30C1.6
302.8
301.5
294.0
294.9
295.4
299.0
307.2
317.5
325.9 131.2 338.0
14
216.6
226.7
242.0
254.0
263.3
269.1
273.2
277.7
279.1
279.7
284.6
294.3
29!>.2
301.2
300.0
292.4
293.1
293.7
297.2
305.2
315.5
324.0 129.2 336.0
15
190.6
200.5
214.6
224.4
231.3
235.4
237.8
241.5
241.8
241.5
245.7
255.3
251).8
261.3
260.1
252.8
253.5
253.5
256.4
263.6
273.7
281.0 285.5 291.4
16
174.3
184.5
197.5
206.2
212.3
216.1
218.4
221.7
223.8
222.9
225.5
238.5
24;J.O
245.0
244.3
236.5
236.8
238.4
240.8
248.7
258.9
266.3 271.2 277.2
16.2
16.1
17.1
18.2
19.0
19.4
19.3
19.8
18.0
18.6
20.1
16.8
16.8
16.3
15.9
16.3
16.7
15.1
15.6
14.9
14.9
14.7
14.3
14.2
17
18
19
20
21
22
6.3
6.3
6.4
6.7
6.9
6.8
6.9
7.0
7.0
7.1
7.4
7.4
7.5
7.8
8.0
7.8
7.7
7.9
8.1
8.6
8.6
8.8
9.2
9.7
23
19.7
19.9
21.0
22.9
25.1
26.8
28.5
29.1
30.3
31.1
31.6
31.7
31.8
32.1
32.0
31.9
31.9
32.3
32.7
33.0
33.2
34.2
34.5
34.9
24
1.2
1.2
1.5
1.4
1.3
1.5
1.6
1.7
1.5
1.S
1.5
1.4
1.5
1.6
1.5
1.6
1.7
1.7
1.8
2.0
2.0
1.9
2.0
2.0
25
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
30
Table 1.11.—Net National Product and National Income by Sector and Industry: Annually,
[B illions o f
1956
II
Net national product.
Net domestic product
Business
Nonfarm
Manufacturing
Nonmanufacturing..
Housing
Other
Farm
Statistical discrepancy-
1957
III
IV
390.5
II
III
IV
397.9
399.4
405.9
399.8
395.7
396.8
403.4
397.9
347.3
347.6
353.0
347.4
374.6
379.1
372.2
376.9
3S0.7
327.3
331.1
333.7
340.9
312.7
317.1
319.1
326.5
333.2
14.9
-.3
14.8
-.8
15.3
-.8
15.2
14.4
-.3
-.8
1958
14.4
-.6
II
III
392.5
396.2
408.8
421.4
430.6
390.4
393.9
406.5
419.0
428.3
338.6
340.6
352.2
364.2
373.0
321.8
321.8
331.7
345.5
357.9
14.9
1.3
15.1
17.1
-.3
17.0
1.8
17.0
3.5
16.7
2.0
15.9
-.8
10.2
10.4
10.7
38.2
38.9
39.7
2.3
2.6
2.5
360.3
362.1
365.8
358.0
359.6
363.3
309.6
310.3
313.0
295.6
296.1
298.1
.7
9.5
9.6
36.2
37.1
Rest of the world
2.3
2.2
2.3
340.0
344.8
347.8
337.7
342.5
345.5
292.7
296.7
298.5
278.5
282.5
283.5
14.2
14.2
14.9
14.8
14.0
14.2
14.9
14.9
17.2
16.8
9.5
9.6
9.9
10.2
10.2
10.4
10.7
10.7
11.0
11.6
35.4
36.2
37.1
37.6
38.2
38.9
39.7
39.8
40.7
41.7
2.3
2.2
2.3
1.8
2.3
2.6
2.5
1.9
2.1
2.2
National income
Domestic income
Business
Nonfarm
Manufacturing
Nonmanufacturing_.
Housing
Other
Farm
Households and institutions.
Government
—
Rest of the world
37.6
1.8
354.4
352.6
304.8
290.0
II
331.6
35.4
10.2
IV
336.9
Government
Households and institutions.
1959
10.7
39.8
1.9
360.4
358.5
308.0
293.1
1966
III
IV
444.1
440.1
446.6
441.8
437.7
443.9
381.1
386.4
371.8
15.1
-1.0
367.3
370.0
14.4
14.7
1.6
-.7
11.0
11.6
11.5
11.6
11.8
12.1
40.7
41.7
42.8
43.3
43.5
43.8
2.1
2.2
2.3
2.3
2.3
2.2
354.3
355.4
366.3
379.4
389.5
402.1
352.2
353.1
364.0
377.0
387.2
399.9
300.4
299.8
309.7
322.2
331.9
343.9
283.3
283.0
293.0
305.5
316.4
329.3
16.7
16.7
15.5
14.7
13.7
14.1
11.5
11.6
11.8
12.1
12.5
13.0
42.8
43.3
43.5
43.8
44.2
44.6
2.3
2.3
2.3
2.2
2.5
2.7
12.5
44.2
2.5
396.6
394.2
337.5
13.0
44.6
2.7
400.1
397.4
339.9
325.8
1967
IV
III
II
III
IV
II
III
IV
673.9
686.7
696.7
707.8
712.8
720.0
735.5
749.0
766.5
789.5
805.4
817.3
669.7
682.5
692.6
703.5
708.7
715.9
730.6
743.8
762.1
784.4
800.5
812.7
576.5
586.9
593.0
601.1
603.7
608.5
620.4
630.0
645.1
664.3
676.8
687.4
Nonfarm
Manufacturing
Nonmanufacturing-..
Housing...
Other
Farm
Statistical discrepancy..
553.0
565.2
573.0
582.2
585.1
590.0
600.8
612.9
629.8
647.2
19.7
3.7
17.8
4.0
17.5
2.6
16.4
2.4
16.2
2.4
16.6
2.0
17.2
2.5
17.0
.1
16.5
-1.2
16.0
1.1
16.9
-.4
17.7
-2.0
Households and institutions.
20.3
20.6
21.6
22.2
22.9
23.7
24.3
24.9
25.5
26.3
26.6
27.1
Government
72.9
75.0
78.0
80.2
82.0
83.7
85.9
89.0
91.4
93.9
97.1
98.3
Rest of the world
4.2
4.2
4.1
4.3
4.1
4.1
4.9
5.2
4.4
5.2
4.8
4.6
606.3
617.7
627.7
637.1
641.2
647.8
660.1
674.2
690.3
708.6
723.4
735.4
602.1
613.4
623.7
632.9
637.1
643.7
655.2
669.0
685.9
703.4
718.6
73Q.8
508.9
517.8
524.1
530.5
532.1
536.3
545.0
555.2
568.9
583.3
594.8
605.4
505.2
512.5
514.9
518.8
526.9
537.0
551.3
566.0
576.6
586.4
18.3
19.0
Net national product..
Net domestic product
Business
National income
Domestic income
Business
Nonfarm
Manufacturing
Nonmanufacturing.
Housing
Other
Farm
488.3
20.7
19.2
18.9
17.9
17.3
17.6
18.1
18.2
17.6
17.3
Households and institutions.
20.3
20.6
21.6
22.2
22.9
23.7
24.3
24.9
25.5
26.3
Government
72.9
75.0
78.0
80.2
82.0
83.7
85.9
89.0
91.4
Rest of the world
4.2
4.2
4.1
4.3
4.1
4.1
4.9
5.2
4.4
5.2
671.7
26.6
27.1
97.1
98.3
4.8
4.6
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
31
1946-74, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-74—Continued
dollars]
1960
1962
1961
1964
1963
1965
Line
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
459.4
459.0
458.3
456.3
458.8
469.4
477.8
490.9
503.1
511.9
517.1
521.1
457.1
456.7
455.8
453.6
455.7
466.5
474.7
487.7
499.9
508.4
513.7
517.0
398.1
396.2
394.1
390.9
392.3
402.4
409.6
420.6
431.4
439.1
443.5
445.6
383.0
380.6
379.1
374.8
375.1
384.7
391.7
402.6
411.3
417.3
422.5
427.6
14.7
.4
16.2
-.7
16.6
-1.6
16.9
-.8
16.6
.5
15.6
2.0
15.7
2.2
16.4
1.6
16.4
3.6
16.4
5.3
16.1
4.9
15.9
2.1
16.4
2.9
II
III
IV
I
II
III
IV
I
528.7
536.1
548.0
557.2
568.9
578.4
587.2
590.2
609.1
621.9 637.3 654.2
1
525.0
532.6
544.4
553.3
564.5
574.2
582.8
585.9
604.2
616.9 632.6 650.1
2
452.2
458.7
469.5
476.6
486.0
494.1
501.3
503.4
520.7
531.8 544.9 559.2
3
433.0
440.4 448.3
455.8
466.2
475.0
485.2
490.5
506.0
515.0 524.4 538.8
16.2
4.9
15.6
5.1
14.5
5.3
14.7
4.5
14.6
1.5
15.2
-2.3
15.9
-1.2
16.3
2.0
II
17.5
-.8
III
IV
17.7
2.8
17.6
2.8
4
5
6
7
8
9
10
13.3
13.8
14.0
14.3
14.4
14.2
14.3
14.8
15.1
15.3
15.7
16.0
16.2
16.4
16.7
16.9
17.3
17.8
17.9
18.1
18.3
18.9
19.5
20.2
11
45.7
46.7
47.8
48.4
49.1
49.8
50.8
52.3
53.4
54.0
54.4
55.4
56.6
57.4
58.2
59.9
61.2
62.2
63.6
64.5
65.2
66.2
68.2
70.8
12
2.9
3.1
3.3
3.1
3.5
3.5
4.1
3.7
3.5
3.6
3.9
4.4
4.3
4.5
4.2
5.0
5.0
4.7
2.4
2.3
2.5
2.7
3.0
4.1
13
412.9
413.0
412.5
409.6
410.7
419.5
427.2
439.5
448.5
455.4
459.6
465.9
471.2
479.0
486.6
494,6
505.8
515.3
525.3
530.4
547.1
559.0 570.9 586.9
14
410.5
410.6
410.1
406.9
407.7
416.6
424.1
436.2
445.4
451.9
456.2
461.8
467.5
475.5
482.9
490.8
501.4
511.0
520.8
526.2
542.1
553.9 566.2 582.8
15
351.6
350.1
348.3
344.2
344.2
352.6
359.0
369.2
376.9
382.6
386.0
390.4
394.7
401.6
408.0
414.0
422.8
431.0
439.4
443.6
458.7
468.8 478.5 491.9
16
337.4
334.4
332.4
328.1
328.1
336.7
343.0
352.8
360.3
366.1
369.8
374.1
378.3
385.3
391.7
398.1
407.9
415.8
424.2
427.9
442.1
450.6 460.1 473.6
14.1
15.7
15.9
16.2
16.1
15.9
16.0
16.4
16.6
16.5
16.2
16.3
16.4
16.3
16.4
15.9
14.9
15.2
15.1
15.7
16.5
18.3
18.4
18.3
17
18
19
20
21
22
13.3
13.8
14.0
14.3
14.4
14.2
14.3
14.8
15.1
15.3
15.7
16.0
16.2
16.4
16.7
16.9
17.3
17.8
17.9
18.1
18.3
18.9
19.5
20.2
23
45.7
46.7
47.8
48.4
49.1
49.8
50.8
52.3
53.4
54.0
54.4
55.4
56.6
57.4
58.2
59.9
61.2
62.2
63.6
64.5
65.2
66.2
68.2
70.8
24
2.5
2.7
3.0
2.9
3.1
3.3
3.1
3.5
3.5
4.1
3.7
3.5
3.6
3.9
4.4
4.3
4.5
4.2
5.0
5.0
4.7
4.1
25
2.3
2.4
1973 n
1972
1971
1970
1969
1974"
Line
II
ni
IV
876.5
887.1
900.8
902.0
871.8
882.8
896.0
897.4
724.4
729.0
737.5
748.4
709.9
712.6
720.3
731.0
18.8
-2.9
19.8
-5.3
20.2
-3.9
19.9
-2.8
28.8
29.6
30.7
30.8
99.6 101.4
106.2
107.8
4.5
4.4
750.2 763.8
776.5
I
II
II
III
IV
937.9
958.7
972.8
932.4
951.5
967.0
989.2 ,025.5 1,050.1 1,076.1 1, 111.3 1, 154.1 1,172.5 1,201.4 1, 229.1 1, 244.0 1, 259.9 1, 288.3 1,299.3
981.2 ,019.3 1,043.5 1,068.8 1,103.2 1, 145.3 1,163.8 1, 192.7 1, 219.1 1, 227.0 1, 247.8 1,274.6 1,284.5
747.7
776.7
793.1
806.0
816.7
849.2
871.4
893.3
922.6
961.4
976.1 1, 001.7 1, 023.6 1, 027.4 1,044.7 1, 067.0 1,071.1
728.9
754.1
769.4
784.2
796.5
828.6
844.5
865.7
892.6
923.2
937.0 955.2
19.0
-1.5
18.9
-.1
21.5
1.1
20.4
3.3
19.0
2.8
22.0
-1.8
23.7
-3.0
24.6
2.3
23.6
4.0
26.6
3.4
35.0
3.2
40.0
— 9
31.3
31.9
32.6
33.5
34.2
34.9
36.0
36.5
37.0
37.4
37.9
38.7
112.0
114.0
115.7
117.1
122.2
124.2
126.1
128.5
133.6
135.1
138.1
142.7
4.1
4.7
4.3
4.8
4.6
5.5
7.2
5.8
8.0
6.2
6.5
7.3
8.1
781.2
787.9
795.7
805.8
804.0
835.0
851.8
803.4
882.1
919.1
937.2
959.8
III
IV
834.0 848.0
863.2
867.0
829.2 843.5
858.8
862.9
701.7 713.3
723.1
684.4 698.1
707.1
18.7 18.6
-1.5 -3.4
27.9
4.9
I
I
II
I
III
IV
I
II
III
IV
I
II
III
IV
977.9
987.8 1, 011.3 1, 029.6 1,030.0
45.5
1.0
47.6
-1.8
45.8
-6.2
40.1
41.1
41.8
43.1
44.1
145.3
147.6
150.0
153.6
156.6
159.0
8.8
8.7
8.7
10.0
17.0
12.1
13.7
1
2
3
38.2
2.9
4
5
6
7
8
9
10
45.6
46.5
11
161.9
166.9
12
14.8
13
991.7 1 031.2 1,052.9 1, 078.1 1, 106.8 1, 122.3 1, 129.6 1, 151.3 1,161.3
983.5 1 022.4 1,044.1 1, 069.4 1, 096.8 1, 105.3 1,117.5 1, 137.5 1,146.5
14
35.0
-1.6
35.0
2.4
745.4 759.3
772.1
777.1
783.2
791.4
801.0
799.4
829.5
844.6
857.6
874.1
912.9
930.7
952.5
617.9 629.1
636.3
638.6
640.4
646.1
653.5
649.7
673.8
686.3
696.6
709.6
742.8 758.5
777.0
802.9
838.5
856.5
878.4
901.4
905.6
914.4
930.0
933.1
16
597.8 609.0
616.0
617.4
618.9
624.9
633.2
629.5
651.3
665.3
676.8
687.0
718.2
751.9
774.8
802.8
815.8
833.3
854.2
861.1
881.2
897.0
896.9
732.5
15
20.1
20.1
20.4
2i.2
21.5
21.2
20.3
20.2
22.5
21.0
19.8
22.6
24.7
26.0
25.1
28.1
35.7
40.7
45.0
47.2
44.5
33.2
33.0
36.2
17
18
19
20
21
22
27.9
28.8
29.6
30.7
30.8
31.3
31.9
32.6
33.5
34.2
34.9
36.0
36.5
37.0
37.4
37.9
38.7
40.1
41.1
41.8
43.1
44.1
45.6
46.5
23
99.6 101.4
106.2
107.8
112.0
114.0
115.7
117.1
122.2
124.2
126.1
128.5
133.6
135.1
138.1
142.7
145.3
147.6
150.0
153.6
156.6
159.0
161.9
166.9
24
4.4
4.1
4.7
4.3
4.8
4.6
5.5
7.2
5.8
8.0
6.2
6.5
7.3
8.1
8.8
8.7
8.7
10.0
17.0
12.1
13.7
14.8
25
4.9
4.5
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
32
Table 1.12.—Net National Product and National Income by Sector and Industry in Constant
[Billions of
1947
1946
line
1949
1948
1951
1950
1952
1953
1954
1955
1956
1957
......
443.3
132.1
448.8
449.4
489.9
530.5
550.3
571.2
560.9
599.8
611.7
-
442.1
130.5
447.0
447.6
488.0
528.7
548.5
569.2
558.6
597.3
609.0
618.9
3
351.3
«V>6.6
372.3
368.2
405.1
431.2
444.5
464.9
455.2
491.6
500 0
506 9
4
5
331.9
W8.2
352.5
113.2
239.3
13.1
226.2
21.5
-1.7
345.7
106.2
239.5
14.6
224.9
20.7
1.8
379.8
122.0
257.8
16.0
241.8
21.5
3.8
405.8
136.2
269.5
17.6
251.9
19.9
5.5
418.5
140.5
278.0
19.7
258.3
20.3
5.7
436.1
150.4
285.7
21.3
264.4
21.5
7.3
427.0
138.4
288.7
23.1
265.6
21.9
6.2
464.0
154.1
309.9
24.5
285.4
22.7
4.8
478.4
154.7
323 7
26.1
297.7
22.5
-.9
485 7
155 1
330 6
28 1
302 6
21.9
-.8
1
2
7
g
9
10
11
Net national nroduct
Net domestic uroduct
Other
14
Residual 1
Households and institutions
17
18
19
20
21
22
23
National income
. -
Business
Nonfarm
16.0
16.7
17.3
18.3
18.7
18.6
19.3
19.4
21.4
22.5
23.1
57.9
58.0
62.2
64.6
78.8
85.3
85.0
83.9
84.4
86.5
88.9
1.1
1.6
1.8
1.9
1.9
1.8
1.8
2.0
2.3
2.5
2.7
2.9
404.7
390.8
406.3
402.4
437.7
474.8
492.7
509.7
499.6
536.7
552.2
560.2
403.6
389.2
404.5
400.5
135.8
473.0
490.9
507.8
497.3
534.1
549.5
557.4
312.7
315.3
329.9
321.1
152.9
375.5
386.9
403.5
393.9
428.4
440.5
445.3
290.2
295.0
96.9
198.1
8,9
189.3
20.4
308.3
102.7
205.6
9.4
196.2
21.5
300.3
95.6
204.7
10.3
194.3
20.9
331.3
.10.9
220.4
11.3
<209.1
21.6
355.6
124.9
230.8
12.4
218.4
19.8
366.5
128.9
237.7
13.7
223.9
20.4
381.8
138.5
243.3
14.8
228.5
21.6
371.9
126.5
245.4
16.1
229.3
22.0
405.5
141.8
263.8
17.0
246.8
22.9
417.9
142.1
275.8
18.1
257.8
22.7
423.4
142.2
281.2
19 4
261.8
22.0
Nonmanufacturing.
Other
Farm
22.5
Households and institutions
.
24
25
15.1
75.8
Reatof the world
15
16
12.4
218.5
20.3
-1.9
22.4
-3.0
12
13
] 07,?,
«M0.9
621.8
15.1
16.0
16.7
17.3
18.3
18.7
18.6
19.3
19.4
21.4
22.5
23.1
75.8
57.9
58.0
62.2
64.6
78.8
85.3
85.0
83.9
84.4
86.5
88.9
1.1
1.6
1.8
1.9
1.9
1.8
1.8
2.0
2.3
2.5
2.7
2.9
Rest of the world
1947
1948
1949
1950
Line
1
2
3
4
5
6
7
8
9
10
24
II
III
IV
I
II
III
IV
I
II
III
IV
431.4
436.3
439.4
447.5
451.6
455.9
450.6
448.1
451.9
447.0
468.9
482.0
498.5
510.0
429.9
434.7
437.6
445.7
449.9
454.1
448.7
446.2
449.9
445.3
467.0
480.2
496.4
508.2
352.1
355.6
356.2
362.6
365.1
372.0
374.1
377.4
370.1
366.7
370.4
365.3
386.7
399.1
414.3
420.1
Nonfarm
335.1
338.8
337.1
341.8
348.0
353.2
352.7
355.5
349.3
345.1
347.0
341.1
357.0
373.9
390.8
397.2
Housing
Other.
Farm
Residual 1
22.7
-5.6
19.1
-2.3
20.2
-1.0
19.3
1.5
19.8
-2.6
22.2
-3.5
21.1
.3
22.9
-1.1
20.5
1.1
20.9
2.4
21.2
3.0
22.5
7.2
21.5
3.9
20.9
2.6
21.1
1.7
Business
-.
.
.
13 Rest of the world
23
I
430.2
Government...
17
18
19
20
21
22
IV
431.8
Households and institutions
16
III
428.9
11
15
II
427.2
Net national product
Net domestic product
12
14
I
National income
Domestic income.
Business _
..
Nonfarm
Manufacturing
Nonmanufacturing . _. .
Housing
Other.
..
Farm
Households and institu tions
Government
25 Rest of the world
.
..
15.1
16.3
16.6
16.0
16.4
16.6
17.0
16.7
16.9
17.1
17.0
18.1
18.4
18.3
18.2
18.4
60.0
58.3
57.1
56.1
56.1
57.1
58.7
60.0
61.8
62.3
62.6
61.9
61.9
62.8
63.9
69.7
1.6
1.6
1.5
1.7
1.7
1.8
1.8
1.8
1.9
1.9
1.9
1.7
1.8
1.9
2.1
1.9
392.2
390.9
389.1
391.1
398.1
406.9
407.0
412.6
405.4
402.0
404.0
398.0
415.0
430.3
446.2
458.9
390.5
389.3
387.6
389.5
396.3
405.1
405.3
410.8
403.6
400.1
402.1
396.3
413.2
428.4
444.1
457.0
315.4
314.7
313.9
317.4
323.8
331.4
329.5
334.0
324.9
320.6
322.5
316.2
332.8
347.4
362.0
368.9
292.5
295.6
293.7
298.2
304.2
309.1
308.4
310.9
304.6
299.9
301.5
294.8
310.0
325.8
341.2
347.8
22.9
19.1
20.2
19.2
19.6
22.3
21.1
23.2
20.3
20.7
21.0
21.4
22.9
21.6
20.8
21.1
15.1
16.3
16.6
16.0
16.4
16.6
17.0
16.7
16.9
17.1
17.0
18.1
18.4
18.3
18.2
18.4
58.7
60.0
61.8
62.3
62.6
61.9
61.9
62.8
63.9
69.7
1.8
1.8
1.9
1.9
1.9
1.7
1.8
1.9
2.1
1.9
60.0
58.3
57.1
56.1
56.1
57.1
1.6
1.6
1.5
1.7
1.7
1.8
"'Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY of CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT BUSINESS.
1. Beginning with 1947, the annual estimates equal GNP in constant dollars measured as the
sum of final products less GNP in constant dollars measured as the sum of gross product by
industry. The quarterly estimates are obtained by interpolating the annual estimates with the
20.2
.6
statistical discrepancy deflated by the implicit price deflator for gross domestic business product. The annual estimate for 1946 equals the deflated statistical discrepancy adjusted for the
difference in 1947 between the residual and the deflated statistical discrepancy.
NOTE.—The industry classification within the business sector is on an establishment basis
and is based on the 1967 Standard Industrial Classifcation beginning with 1948 and on the
1942 Standard Industrial Classification prior to 1948.
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
33
Dollars: Annually, 1946-74, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1947-74
1972 dollars]
1960 1
1959
1968
1961
1962
1964
1963
1966
1966
1967
1969
1968
1970
1971
1972
1973*
1974*
Line
618.6
658.0
672.5
689.2
731.2
760.6
801.6
850.0
901.1
923.5
963.4
985.9
977.8
1,005.9
1,065.7
1,122.5
1,094.0
1
615.6
654.9
669.3
685.1
726.2
755.7
796.0
844.0
895.7
917.7
957.4
980.2
972.3
998.7
1,058.7
1,114.8
1,087.0
2
501.0
638.1
647.5
559.5
595.9
621.9
667.6
700.5
742.5
755.6
789.8
808.5
800.8
826.0
884.1
938.2
907.7
3
473.6
140.2
333.3
30.2
303.2
23.1
4.4
513.4
157.4
366.1
32.6
323.5
22.0
2.7
522.5
158.4
364.1
34.9
329.1
23.3
1.8
631.1
157.5
373.7
37.4
336.3
23.3
5.1
567.9
172.3
395.6
40.3
355.3
23.3
4.8
594.5
186.8
407.7
42.9
364.9
23.7
3.6
630.8
201.1
429.7
45.4
384.3
22.8
4.0
677.5
220.0
457.5
48.6
409.0
23.4
-.4
718.0
238.0
480.0
51.5
428.4
21.7
2.8
730.7
237.1
493.6
64.9
438.8
22.5
2.4
769.4
250.5
518.9
67.3
461.6
22.2
-1.8
791.8
257.5
534.3
60.3
474.0
22.6
-5.9
781.1
241.0
640.1
62.8
477.3
23.8
-4.2
800.6
243.9
656.7
65.2
491.5
25.5
-.1
857.8
268.1
589.8
68.8
521.0
24.6
1.7
908.7
288.0
620.8
71.9
548.9
26.6
4.0
881.3
270.7
610.6
75.2
535.3
23.5
2.9
4
5
6
7
8
9
10
24.2
24.9
26.8
27.2
28.3
29.0
29.9
31.1
32.8
34.8
35.9
36.6
36.3
36.6
37.2
37.9
38.5
11
90.4
91.8
94.9
98.5
102.1
104.8
108.4
112.4
120.4
127.2
131.7
135.0
135.2
136.0
137.4
138.7
140.8
12
3.0
3.2
3.2
4.1
4.8
4.9
5.7
6.1
5.4
5.8
6.1
5.7
5.5
7.2
7.0
7.7
7.0
13
551.2
589.1
602.5
614.3
652.7
680.1
717.1
765.5
808.7
828.8
868.5
891.6
879.5
899.9
951.9
1,000.7
973.4
14
548.2
585.9
599.3
610.3
647.8
675.2
711.4
759.4
803.4
822.9
862.4
885.9
874.0
892.6
944.9
993.0
966.3
15
433.6
469.2
477.6
484.6
517.4
641.4
573.1
616.0
650.1
660.9
694.8
714.3
702.5
720.0
770.3
816.4
787.0
16
453.8
144.6
309.1
24.1
286.1
23.8
460.8
143.5
317.3
25.7
291.6
23.8
493.6
157.8
336.9
27.7
308.2
23.8
517.1
171.9
345.2
29.4
315.8
24.3
649.7
185.8
363.9
31.1.
332.8
23.4
591.9
204.1
387.8
33.2
364.6
24.1
627.7
221.5
406.2
35.2
371.1
22.4
637.6
220.2
417.3
37.4
379.9
23.3
671.8
23*. 1
438.7
39.0
399.7
23.0
690.6
239.6
451.0
41.1
409.9
23.7
677.6
222.7
454.8
42.8
412.0
24.9
693.3
225.2
468.1
44.4
423.7
26.6
744.3
248.5
495.8
46.8
449.0
26.0
789.3
267.5
521.9
48.9
473.0
27.0
762.1
260.4
511.6
51.1
460.5
25.0
17
18
19
20
21
22
410.2
127.1
283.1
20.9
262.3
23.4
446.7
143.8
302.9
22.5
280.5
22.5
24.2
24.9
26.8
27.2
28.3
29.0
29.9
31.1
32.8
34.8
35.9
36.6
36.3
36.6
37.2
37.9
38.5
23
90.4
91.8
94.9
98.5
102.1
104.8
108.4
112.4
120.4
127.2
131.7
135.0
135.2
136.0
137.4
138.7
140.8
24
3.0
3.2
3.2
4.1
4.8
4.9
5.7
6.1
5.4
5.8
6.1
5.7
5.5
7.2
7.0
7.7
7.0
26
1954
1953
1952
1951
I
II
III
IV
I
II
III
IV
I
517.3
527.6
538.3
538.6
543.9
544.3
549.8
563.2
515.8
525.8
536.4
536.5
542.1
542.5
547.9
561.4
1955
II
III
IV
I
II
III
IV
572.4
576.0
571.5
564.8
556.0
553.2
561.4
570.6
573.8
569.6
562.8
553.8
551.0
559.1
1956
Line
I
II
III
IV
I
II
572.4
587.1
596.4
604.6
611.2
607.9
610.7
1C.4 617.6
1
569.9
584.6
593.9
602.1
608.6
604.9
607.9 .07.6 615.3
2
III
IV
422.5
428.7
437.0
436.4
439.8
438.7
442.7
457.0
466.6
469.4
465.0
459.6
451.3
448.4
455.7
464.8
480.3
489.2
495.9
500.8
497.6
499.7 L97.8 504.8
3
400.4
403.3
408.0
411.2
414.0
414.2
415.5
430.2
437.1
440.7
437.6
428.9
422.7
421.3
426.7
437.0
451.3
462.5
468.1
474.0
474.1
479.2 176.7 483.6
18.4
3.6
19.5
5.9
21.2
7.8
20.4
4.8
19.6
6.2
20.5
4.0
21.7
5.5
19.6
7.2
21.0
7.5
21.5
7.2
21.2
6.1
22.1
8.6
21.4
7.1
20.9
6.2
22.5
6.6
22.8
5.0
22.1
7.0
22.3
4.3
22.8
5.0
23.7
3.0
23.3
2
21.3 22.3 22.9
- . 8 -1.2 -1.6
4
5
6
7
8
9
1C
11
19.0
18.7
18.6
18.5
18.5
18.5
18.9
18.6
19.0
19.5
19.6
19.0
18.8
19.0
19.3
20.7
20.2
20.9
21.7
22.8
22.2
22.1
22.6
22.8
74.3
78.4
80.9
81.6
83.8
86.3
86.3
85.8
86.0
84.9
85.0
84.2
83.7
83.7
84.1
84.4
84.1
83.8
84.5
85.1
85.1
86.0
87.1
87.7
11
1.6
1.8
1.8
2.0
1.8
1.8
1.9
1.8
1.9
2.1
1.9
2.0
2.3
2.2
2.2
2.5
2.6
2.5
2.5
2.5
2.9
2.8
2.9
2.3
12
463.5
472.1
480.3
483.0
486.8
488.9
492.4
502.7
511.3
514.7
511.0
501.8
494.6
492.3
499.6
511.2
523.1
534.1
540.8
548.6
548.0
551.4 551.2 558.0
14
461.9
470.3
478.5
481.0
485.0
487.1
490.6
500.9
509.5
512.6
509.1
499.8
492.3
490.1
497.4
508.7
520.5
531.7
538.3
546.1
545.1
548.6 548.3 555.7
11
368.6
373.1
379.1
380.8
382.6
383.2
385.4
396.5
404.5
408.2
404.5
396.6
389.8
387.5
394.0
403.7
416.2
427.0
432.1
438.2
437.8
440.4 138.6 445.2
If
350.4
353.7
357.8
360.5
363.1
362.6
363.5
377.0
383.3 386.5
383.1
374.4
368.2
366.6
371.4
380.9
394.2
404.5
409.2
414.3
414.2
419.0 il6.0 422.2
i;
u
I?
21.4
22.2
19.5
19.6
19.0
18.8
84.9
86.0
84.2
83.7
2.1
1.9
2.0
2.3
2.2
18.2
19.4
21.3
20.3
19.5
20.6
21.9
19.5
21.2
21.7
19.0
18.7
18.6
18.5
18.5
18.5
18.9
18.6
19.0
74.3
1.6
78.4
1.8
80.9
1.8
81.6
2.0
83.8
1.8
85.3
86.3
1.8
1.9
85.8
1.8
86.0
1.9
21.6
2(
21
25
22.6
22.8
21
87.1
87.7
24
2.3
21
23.6
21.7
22.8
22.2
22.1
84.5
85.1
85.1
86.0
2.5
2.5
2.9
2.8
2.9
22.8
22.1
22.5
23.0
19.0
19.3
20.7
20.2
20.9
83.7
84.1
84.4
84.1
83.8
2.2
2.5
2.6
2.5
21.5
23.0
23.9
22.6
20.9
22.5
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
34
Table 1.12.—Net National Product and National Income by Sector and Industry in Constant Dollars:
[Billions of
1957
1958
1959
Line
1
2
3
4
5
6
7
8
9
10
Net national product
Net domestic Droduct
Business
Nonfarm
Manufacturing
Nonmanufacturing
Housing _ .
Other
Farm
Residual»
-- -
-
I
II
622.0
622.1
626.3
619.2
618.9
623.2
III
I
II
616.8
603.2
607.6
623.3
614.4
600.4
604.6
620.2
IV
III
I
II
640.5
648.9
664.2
656.0
663.0
637.3
645.8
661.3
652.7
659.6
IV
III
IV
508.1
606.9
510.1
502.4
488.2
490.2
505.0
520.9
530.0
544.8
535.8
541.8
487.4
487.4
488.1
480.1
464.9
463.3
474.5
491.6
505.3
521.1
512.8
514 5
22.2
-1.5
22.0
—2.4
21.5
.5
21.8
.4
23.2
.1
22.7
4.2
23.0
7.5
23.4
5.9
22.8
1.9
22.2
1.6
21.0
2.0
22.1
5.2
11
Households and institutions
23.0
23.1
23.3
23.1
23.7
24.7
24.3
24.1
24.5
25.0
25.0
25.3
12
Government
88.1
88.8
89.8
88.9
88.6
89.7
90.9
92.3
91.4
91.5
91.9
92.4
13
Rest of the world
14
15
16
17
18
19
20
21
22
National income
Domestic income
-
Business
Nonfarm
Manufacturing
Nonmanufacturing
Housing
Other
Farm
2.8
3.2
3.1
2.4
2.8
3.0
3.1
3.2
3.1
3.0
3.3
3.5
561.8
562.5
563.2
553.5
541.0
540.9
552.6
570.6
581.9
596.7
587.2
590.6
559.0
559.3
560.1
551.1
538.2
537.9
549.5
567.4
578.8
593.8
583.9
587.1
448.0
447.4
447.0
439.1
426.0
423.5
434.3
451.0
463.0
477.3
467.1
469.3
425.6
425.3
425.6
417.2
402.4
400.5
411.0
427.2
439.7
454.7
445.7
446.8
22.4
22.0
21.5
21.9
23.6
23.0
23.3
23.8
23.3
22.6
21.4
22.5
Household and institutions
23.0
23.1
23.3
23.1
23.7
24.7
24.3
24.1
24.5
25.0
25.0
25.3
24
Government
88.1
88.8
89.8
88.9
88.6
89.7
90.9
92.3
91.4
91.5
91.9
92.4
25
Rest of the world
2.8
3.2
3.1
2.4
2.8
3.0
3.1
3.2
3.1
3.0
3.3
3.5
23
1
2
3
4
5
6
7
8
9
10
Net national product
Net domestic product
- - -
Business
Nonfarm
Nonmanufacturing
Housing
Other
Farm
_
Residual l
._
11
Households and institutions
12
Government . -
13
14
15
__
-
Rest of the world
National income
Domestic income
-
16
17
18
19
20
21
22
23
1967
1966
Line
Nonfarm
Manufacturing
Nonmanufacturing
Housing
Other
Farm
. .
.
Government
25
Rest of the world
II
.-
IV
III
I
IV
III
II
I
II
IV
III
891.5
897.1
904.9
910.9
911.8
917.9
928.9
935.5
944.7
961.9
972.9
974.3
886.1
891.7
899.7
905.4
906.6
912.7
922.7
928.8
939.1
955.3
966.7
968.5
736.8
740.6
744.7
747.8
746.3
751.6
759.7
765.0
773.9
787.4
797.8
800.1
710.5
715.3
721.8
724.3
721.1
726.9
733.5
741.4
753.2
765.8
777.2
781.5
23.5
2.9
21.7
3.6
20.6
2.3
20.9
2.6
22.1
3.0
21.9
2.8
22.8
3.4
23.3
.2
22.4
-1.8
21.1
.5
22.4
-1.8
22.7
-4.1
32.5
32.2
33.3
33.3
34.5
34.7
35.0
35.2
35.3
36.2
36.1
35.9
116.8
118.9
121.7
124.4
125.9
126.4
128.0
128.6
129.9
131.7
132.7
132.4
5.4
5.4
5.2
5.4
5.2
5.2
6.2
6.7
5.6
6.6
6.2
800.5
804.6
812.4
817.4
817.6
823.1
832.8
841.6
851.4
865.3
877.0
5.9
880.1
795.1
799.2
807.2
812.0
812.4
817.9
826.6
834.9
845.8
858.7
870.8
874.2
645.8
648.0
652.2
654.3
652.0
656.8
663.6
671.1
680.6
690.8
701.9
705.8
621.5
625.6
631.1
632.8
629.2
634.1
64C.0
647.0
657.4
669.0
678.7
682.1
24.3
22.5
21.1
21.5
22.9
22.7
23.6
24.1
23.2
21.8
23.2
23.8
32.2
33.3
33.3
34.5
34.7
35.0
35.2
35.3
36.2
36.1
35.9
116.8
118.9
121.7
124.4
125.9
126.4
128.0
128.6
129.9
131.7
132.7
132.4
5.4
5.4
5.2
5.4
5.2
5.2
6.2
6.7
5.6
6.6
6.2
5.9
32.5
Households and institutions _
24
I
1968
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
35
Annually, 1946-74, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1947-74—Continued
1972 dollars]
1962
1961
I960
1964
1963
1965
Line
IV
I
671.1
666.8
671.3
683.2
667.9
663.2
667.3
679.4
549.9
545.6
539.9
542.9
555.0
529.2
524.8
520.9
515.0
515.4
22.1
3.4
24.3
.5
23.4
1.6
23.7
3.9
26.0
23.3
1.8
26.8
27.0
27.5
27.5
26.8
26.9
27.5
27.8
28.0
28.7
28.7
28.7
28.7
29.2
29.4
29.6
30.1
29.9
30.0
30.6
93.3
95.2
95.3
95.8
96.9
97.5
98.7
100.7
101.4
102.0
102.5
102.5
103.2
104.4
105.6
105.9
106.9
108.0
109.0
109.9
110.0
3.1
3.0
3.2
3.6
4.0
3.9
4.1
4.3
4.2
4.8
4.7
5.6
5.0
4.7
4.8
5.1
5.8
5.6
5.9
5.5
6.5
606.2
605.1
602.3
596.5
598.7
607.7
616.5
634.5
642.9
650.8
656.6
660.5
666.5
676.6
685.8
691.5
702.9
712.9
722.7
730.0
686.4
697.1
707.3
I
II
III
677.1
674.9
674.1
671.9
554.7
II
IV
I
II
III
IV
692.3
710.0
720.9
730.7
736.1
688.2
705.7
716.6
725.9
731.3
562.6
577.4
587.4
595.9
525.8
533.6
549.8
558.2
23.1
6.2
23.1
5.9
23.4
4.3
23.5
5.8
III
I
II
III
737.0
744.2
754.0
768.3
731.3
739.2
749.3
763.5
600.2
600.1
607.3
616.2
628.7
565.4
571.7
576.2
581.5
591.2
23.7
6.9
23.2
5.3
22.8
1.1
23.8
2.0
24.1
1.0
I
II
III
775.7
789.4
799.7
807.4
810.0
828.0
841.1 856.2 874.8
770.6
783.7
794.2
801.5
804.5
821.5
834.5 850.2 869.7
2
635.3
647.2
656.1
662.6
664.6
680.9
692.5 705.7 723.0
3
599.8
605.6
617.4
626.3
636.1
643.5
659.2
672.0 680.2 698.6
23.6
5.3
23.4
6.2
22.3
7.4
22.6
7.2
23.2
3.4
23.1
-2.1
23.6
-1.9
23.0
-2.5
24.1
1.4
23.0
1.4
4
6
5
7
8
9
10
30.6
31.4
31.7
11
IV
IV
I
II
III
IV
1
111.4 113.1 115.0
6.6
12
5.2
13
746.6
759.3 769.4 786.6
14
6.0
603.1
602.1
599.1
592.9
594.7
603.9
612.3
630.1
638.6
646.0
651.9
654.8
661.5
671.9
681.0
716.8
724.5
740.1
752.7 763.4 781.4
15
483.7
480.1
476.8
469.7
470.3
479.6
486.7
501.9
509.4
516.0
520.7
523.6
529.5
538.9
546.2
551.0
560.6
569.2
577.9
584.6
599.5
610.7 618.9 634.7
16
461.3
456.1
451.9
445.8
446.1
455.9
463.1
478.0
485.4
491.8
497.0
500.4
505.1
514.2
522.0
527.0
537.8
546.0
554.2
560.8
575.4
587.0 594.2 610.9
22.4
23.9
24.9
23.9
24.2
23.6
23.6
23.9
24.0
24.2
23.7
23.3
24.4
24.7
24.2
24.0
22.8
23.2
23.8
23.8
24.2
23.7
24.7
23.8
17
18
19
20
21
22
26.0
26.8
27.0
27.5
27.5
26.8
26.9
27.5
27.8
28.0
28.7
28.7
28.7
28.7
29.2
29.4
29.6
30.1
29.9
30.0
30.6
30.6
31.4
31.7
23
93.3
95.2
95.3
95.8
96.9
97.5
98.7
100.7
101.4
102.0
102.5
102.5
103.2
104.4
105.6
105.9
106.9
108.0
109.0
109.9
110.0
111.4 113.1 115.0
24
3.1
3.0
3.2
3.6
4.0
3.9
4.1
4.3
4.2
4.8
4.7
5.6
5.0
4.7
4.8
5.1
5.8
5.6
5.9
5.5
6.5
5.2
25
I
II
1972
1971
1970
1969
III
IV
II
IV
III
I
II
6.6
1974*
1973*
IV
III
I
II
6.0
IV
III
I
II
Line
III
IV
III
IV
I
II
983.7 987.5
989.9
982.5
977.8
977.3
983.9
972.0
994.9 1,002.4 1,009.1 1,017.4 1,037.7 1,055.9 1,073.2 1,096.2 1,119.5 1,117.6 1,125.2 1,127.5 1,114.4 1,101.2 1,092.8 1,067. €
1
977.5 981.7
984.3
977.4
972.1
972.1
978.3
966.7
988.8
994.4 1,002.8 1,008.8 1,031.2 1,049.3 1,066.0 1,088.3 1,111.3 1,110.0 1,118.0 1,120.0 1,103.7 1,095.9 1,087.2 1,061.2
2
8C8.1 810.6
811.4
804.1
800.2
800.3
806.9
795.6
816.0
822.2
830.5
835.5
857.4
875.1
891.5
912.5
936.4
933.7
940.8
941.8
925.4
917.1
907.3
880. £
3
787.8 794.5
794.5
79C.4
783.8
781.1
787.3
772.4
789.8
795.5
804.4
812.8
834.0
847.0
865.8
884.4
904.5
905.8
912.1
912.5
903.4
891.2
879.0
851. €
24.0 22.2
-3.7 -6.1
22.5
-5.6
21.8
-8.2
22.8
-6.4
24.2
-5.0
23.1
-3.4
25.0
-1.8
26.8
-.6
25.0
1.7
24.7
1.4
25.6
-2.9
27.2
-3.9
26.3
1.7
21.4
4.2
23.4
4.6
26.4
5.5
25.3
2.6
23.6
5.1
26.6
2.7
23.6
-1.5
23.6
2.3
22.9
5.4
23.7
5.e
4
5
6
7
8
9
10
36.9
36.6
36.5
36.4
36.1
36.0
37.0
36.3
36.2
36.9
37.4
37.1
37.5
37.0
37.7
38.3
38.5
38.4
38.3
38.8
38.4
11
136.0
136.7
135.3
135.3
135.2
135.1
135.8
135.9
136.1
136.4
136.9
136.8
137.4
138.4
137.9
138.6
138.9
139.6
139.8
140.5
141.1
141.8
12
5.1
5.8
5.2
5.5
5.3
6.1
8.0
6.3
8.5
6.5
6.7
7.2
7.8
8.3
7.6
7.3
7.5
10.7
5.4
5.6
6.5
13
955.9
976.3
997.5
997.5 1,001.6 1,006.1
998.2
981.2
968.4
989.3
989.9
994.3
987.5
975.9
36.2
36.7
133.1 134.4
6.2
5.8
888.4 893.8
5.6
894.9
I
37. C
889.3
882.6
880.3
884.3
870.7
890.9
895.3
901.1
912.2
932.6
942.9
875.1
878.7
865.4
884.8
887.3
894.8
903.6
926.1
936.3
948.7
998.6
969.5
944. £;
14
963.9
938. ()
15
882.2 888.0
889.3
884.2
876.8
712.9 716.9
716.4
710.9
705.0
703.4
707.4
694.2
712.0
715.1
722.5
730.3
752.3
762.1
774.2
792.6
814.4
813.6
817.1
820.4
809.2
797.1
784. C 757.1I
16
692.8
688.1
681.1
678.0
683.2
667.9
684.0
689.0
696.8
703.5
723.3
734.4
751.8
767.9
786.3
786.8
792.0
792.2
784.1
771.9
759.6
687.7 693.6
732. ()
25.2
23.2
23.6
22.8
23.9
25.4
24.1
26.3
27.9
26.1
25.7
26.8
28.9
27.7
22.5
24.7
28.0
26.8
25.1
28.2
25.1
25.2
24.3
25.5 >
17
18
19
20
21
22
36.2
36.7
36.9
36.6
36.5
36.4
36.1
36.0
37.0
36.3
36.2
37.0
36.9
37.4
37.1
37.5
37.0
37.7
38.3
38.5
38.4
38.3
38.8
38.4 I
23
133.1 134.4
136.0
136.7
135.3
135.3
135.2
135.1
135.8
135.9
136.1
136.4
136.9
136.8
137.4
138.4
137.9
138.6
138.9
139.6
139.8
140.5
141.1
141. i ;
5.8
5.6
5.1
5.8
5.2
5.5
5.3
6.1
8.0
6.3
8.5
t>.5
6.7
7.2
7.8
8.3
7.6
7.3
7.5
10.7
5.4
5.6
6.2
6.5
24
25
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
36
Table 1.13.—National Income by Type of Income: Annually, 1946-74, and
[Millions of
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
National income
178,327
194,556
219,007
212,670
236,203
272,297
285,827
299,735
299,131
328,020
346,911
362,264
Compensation of employees..
118,052
129,174
141,440
141,318
154,844
181,000
195,698
209,570
208,397
224,907
243,513
256,481
Wages and salaries
G o v e r n m e n t and g o v e r n m e n t
enterprises.
Other
112,005
20,700
123,097
17,513
135,537
19,007
134,719
20,813
147,026
22,618
171,341
29,213
185,334
33,361
198,546
34,319
196,795
34,884
211,669
36,574
228,349
38,778
239,254
40,988
91,305
105,584
116,530
113,906
124,408
142,128
151,973
164,227
161,911
175,095
189,571
198,266
Supplements to wages and salaries
Employer contributions for social
insurance.
6,047
4,090
6,077
3,699
5,903
3,188
6,599
3,661
7,818
4,164
9,659
5,033
10,364
5,177
11,024
5,148
11,602
5,487
13,238
6,216
15,164
7,116
17,227
8,188
Line
Other labor income
12
1957
1,957
2,378
2,715
2,938
3,654
4,626
5,187
5,876
6,115
7,022
8,048
9,039
Proprietors' income with inventory valuation and capital consumption adjustments.
36,562
35,841
40,711
36,123
38,355
42,819
42,939
41,299
40,799
42,479
43,600
44,979
Farm
Proprietors' income with inventory
valuation adjustment and without
capital consumption adjustment.
Capital consumption adjustment...
14,928
15,089
15,202
15,616
17,505
18,129
12,659
13,360
13,473
14,147
15,784
16,619
14,896
15,682
12,940
13,673
12,300
12,929
11,259
11,887
11,205
11,800
11,043
11,795
-161
-414
-624
-701
-674
-786
-733
-629
-628
-595
-752
Nonfarm
Proprietors' income without inventory valuation and capital consumption adjustments.
Inventory valuation adjustment
Capital consumption adjustment . . .
21,634
23,296
20,639
21,753
23,206
23,118
23,464
22,157
24,882
25,062
27,035
26,442
28,043
26,912
28,359
27,618
28,499
27,589
31,220
30,464
31,824
33,059
-1,705
43
-1,471
357
463
844
-1,094
914
-327
920
201
930
-168
909
-49
959
-198
954
-502
1,073
-300
1,177
5,467
5,252
-410
498
5,701
6,116
7,071
7.710
8,803
10,026
11,029
11,270
11,634
12,247
7,280
-1,813
7,729
-2,477
8,508
-2,807
-2,823
9,960
-2,889
10,969
-3,259
12,188
-3,385
13,384
-3,358
14,360
-3,331
14,750
-3,480
15,232
-3,598
15,858
-3,611
Corporate profits with inventory valuation
and capital consumption adjustments.
16,629
22,191
26,930
33,661
38,096
35,380
35,472
34,626
44,599
42,924
42,065
Corporate profits with inventory valuation adjustment and without capital consumption adjustment.
19,313
25,555
30,769
37,635
42,684
37,822
46,698
45,930
45,401
24,576
9,104
15,472
5,560
9,912
31,454
11,268
20,186
6,302
13,884
35,170
12,421
22.749
7,015
15,734
28,913
10,203
18,710
7,210
11,500
42.600
17,925
24,675
15,872
43.883
22,559
21,324
8,520
12,804
38,140
17,624
20,516
9,149
11,367
48,434
22,041
26,393
10,311
16,082
48,623
21,993
26,630
11,085
15,545
46,940
21,423
25,517
11,514
14,003
-2,152
1,856
-4,965
-1,199
981
-997
-318
-1,736
-2,693
-1,539
-3,917
-3,839
-3,974
-4,588
-4,457
-4,067
-3,196
-2,099
-3,006
-3,336
2,183
2,272
2,672
3,007
3,368
4,280
4,765
5,240
6,492
>ns with
capital
Rental income
icome of persons
*
consulmption adjustment.
Rental income of persons
Capital consumption adjustment
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits.
Inventory valuation adjustment
Capital consumption adjustment
Net interest
-5,263
-2,684
1,617
-5,899
-3,364
2,098
29,101
33,018
2,054
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT BUSINESS.
38,856
19,399
19,457
8,493
10,964
40,536
20,287
20,249
8,795
11,454
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
37
Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-74
dollars]
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973*
1974*
Line
397,083
412,008
424,246
457,366
482,841
519,204
565,959
622,215
655,805
714,418
767,929
798,374
858,067
951,935 1,067,250 1,141,107
1
258,245
279,579
294,932
303,568
325,098
342,882
367,957
396,543
439,290
471,915
519,815
571,354
609,150
650,271
715,145
797,745
873,022
2
240,499
44,095
258,935
46,026
271,932
49,150
279,462
52,435
298,043
56,308
313,385
59,984
336,133
64,879
362,005
69,860
398,363
78,333
427,490
86,420
469,536
96,373
514,570
104,871
546,453
115,972
580,013
125,782
633,765
137,589
700,915
148,598
763,062
160,057
196,404
212,909
222,782
227,027
241,735
253,401
271,254
292,145
320,030
341,070
373,163
409,699
430,481
454,231
496,176
552,317
603,005
3
4
5
17,746
8,347
20,644
10,070
23,000
11,780
24,106
12,282
27,055
14,017
29,497
15,536
31,824
16,099
34,538
16,698
40,927
21,032
44,425
22,774
50,279
25,204
56,784
28,587
62,697
30,680
70,258
34,074
81,380
39,424
96,830
49,281
109,960
55,474
6
7
363,995
9,399
10,574
11,220
11,824
13,038
13,961
15,725
17,840
19,895
21,651
25,075
28,197
32,017
36,184
41,956
47,549
54,486
8
47,381
47,224
46,978
48,256
49,613
50,342
52,247
56,674
60,306
60,974
63,407
66,218
65,140
67,715
76,138
91,742
85,113
9
13,102
13,864
10,661
11,557
11,420
12,344
11,808
12,742
11,872
12,822
11,601
12,546
10,279
11,233
12,568
13,509
13,596
14,621
12,080
13,235
12,003
13,307
13,944
15,368
13,932
15,293
14,289
15,991
18,003
20,013
32,421
35,068
25,629
29,344
10
11
-762
-896
-924
-934
-950
-945
-954
-941
-1,025
-1,155
-1,304
-1,424
-1,361
-1,702
-2,010
-2,647
-3,715
12
38,741
37,172
41,968
40,234
44,106
42,658
46,710
45,344
48,894
47,471
51,404
50,359
52,274
51,315
51,208
50,739
53,426
52,818
58,135
56,358
59,321
58,853
59,484
62,045
13
14
34,279
33,208
36,563
35,308
35,558
34,158
36,448
35,307
37,741
36,392
-56
1,127
-54
1,309
91
1,309
-60
1,201
-42
1,391
-45
1,614
-48
1,782
-198
1,646
-280
1,646
-254
1,677
-449
1,494
-471
1,430
-506
975
-443
1,051
-746
2,523
-1,831
2,299
-4,142
1,581
15
16
12,867
13,230
13,758
14,287
15,028
15,680
16,098
17,117
18,181
19,376
18,624
18,105
18,644
20,108
21,543
21,331
20,965
17
16,677
-3,810
17,261
-4,031
17,818
-4,060
18,294
-4,007
18,984
-3,956
19,587
-3,907
20,070
-3,972
21,049
-3,932
22,080
-3,899
23,384
-4,008
23,800
-5,176
24,802
-6,697
25,782
-7,138
27,663
-7,555
29,414
-7,871
31,089
-9,758
32,878
-11,913
18
19
37,482
48,244
46,580
46,901
54,862
59,606
66,989
77,096
82,538
79,261
85,793
81,445
67,891
77,198
92,081
100,172
91,279
20
40,849
51,160
48,867
48,676
53,709
57,553
64,166
73,344
78,646
75,586
82,121
77,896
66,418
76,945
89,559
98,564
93,586
21
41,104
18,964
22,140
11,304
10,836
51,613
23,646
27,967
12,171
15,796
48,540
22,696
25,844
12,890
12,954
48,586
22,781
25,805
13,347
12,458
53,571
23,972
29,599
14,410
15,189
57,706
26,231
31,475
15,504
15,971
64,709
27,985
36,724
17,325
19,399
75,209
30,876
44,333
19,120
25,213
80,744
33,658
47,086
19,439
27,647
77,330
32,480
44,850
20,103
24,747
85,568
39,408
46,160
21,943
24,217
83,422
39,651
43,771
22,592
21,179
71,485
34,477
37,008
22,884
14,124
81,974
37,710
44,264
22,982
21,282
96,156
41,535
54,621
24,597
30,024
117,005
48,234
68,771
27,822
40,949
132,119
52,617
79,502
31,075
48,427
22
23
24
25
26
27
-255
-453
327
90
138
-153
-543
-1,865
-2,098
-1,744
-3,447
-5,526
-5,067
-5,029
-6,597
-18,441
-38,533
-3,367
-2,916
-2,287
-1,775
1,153
2,053
2,823
3,752
3,892
3,675
3,672
3,549
1,473
253
2,522
1,608
-2,307
28
8,020
8,806
9,760
11,234
12,765
14,331
15,913
18,529
21,900
24,279
26,779
30,807
37,549
42,775
47,028
56,260
70,728
29
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
38
Table 1.13.—National Income by Type of Income: Annually, 1946-74, and
[Billions of
1946
Line
x
2
3
4
5
6
7
g
National income _
Compensation of employees
Wages and salaries
Government and government enterOther
Supplements to wages and salaries
Employer contributions for social
insurance.
1947
1948
1949
I
II
III
IV
I
II
III
IV
I
167.4
174.7
182.5
188.4
190.5
191.7
194.1
201.7
210.5
218.1
222.8
113.6
115.6
119.5
123.2
125.9
127.8
129.2
133.7
137.2
139.0
144.0
107.6
25.0
109.5
20.3
113.5
18.9
117.2
18.6
119.6
17.9
121.4
17.6
123.4
17.0
127.8
17.5
131.4
17.9
133.2
18.3
82.6
89.2
94.6
98.6
101.7
103.9
106.4
110.3
113.5
6.0
4.1
6.1
4.1
6.3
4.0
6.3
4.0
5.8
3.4
5.9
3.4
5.8
3.2
6.1
4.1
6.0
4.0
II
III
IV
I
II
III
IV
224.6
217 2
212 2
212 3
209 2
145 5
143 4
141 2
140 5
140 2
138.0
19.5
139.5
20.3
136.9
20.4
134.6
20.6
133.9
20.9
133.4
21.4
114.8
118.6
119 2
116 6
114 1
113 0
112 1
5.9
3.2
5.9
3.2
6.0
3.2
6.4
3.6
6.5
3.7
6.7
3.7
6.8
3.7
1.9
1.9
2.0
2.1
2.2
2.3
2.4
2.5
2.7
2.7
2.7
28
2.8
2.9
3 0
31
9
Proprietors' income with inventory valuation and capital consumption adjustments.
34.1
35.8
38.4
38.0
37.5
34.0
35.2
36.7
37.9
41.9
42.2
40.9
36.8
36.2
35.5
36.0
10
11
Farm - .
Proprietors' income with inventory
valuation adjustment and without
capital consumption adjustment.
Capital consumption adjustment
13.0
13.2
13.7
13.9
16.2
16.4
16.7
16.9
16.8
17.1
13.5
13.9
14.9
15.3
15.6
16.2
15.7
16.2
18.8
19.4
18.5
19.1
17.1
17.7
13.4
14.1
12.7
13.4
12.1
12.8
12.4
13.1
-.2
-.1
-.1
-.2
-.3
-.4
-.5
-.5
-.6
-.6
-.6
-.7
-.7
-.7
-.7
Nonfarm Proprietors' income without inventory valuation and capital consumption adjustments.
Inventory valuation adjustment
Capital consumption adjustment
21.1
21.2
22.1
22.6
22.1
25.4
21.3
24.0
20.7
22.7
20.4
20.9
20.4
21.3
21.0
22.1
22.2
22.4
23.0
23.4
23.7
23.8
23.8
22.8
23.4
22.2
23.5
21.9
23.4
22.0
23.5
22.6
-.2
.1
-.6
.0
-3.3
.0
-2.8
.1
-2.2
.2
-.8
.3
-1.4
.4
-1.5
.5
-.6
.5
-.8
.4
-.6
.5
.4
.6
.6
.7
.8
.8
.5
.9
.0
1.0
17 Rental income of persons with capital
consumption adjustment.
5.2
5.4
5.5
5.7
5.4
5.1
5.1
5.4
5.5
5.6
5.8
5.9
5.9
6.0
6.2
6.4
6.9
—1.7
7.2
-1.8
7.3
—1.8
7.7
-2.0
7.6
-2.1
7.4
-2.4
7.7
-2.6
8.2
—2.8
8.5
-2.9
8.4
-2.8
8.6
—2.8
8.6
—2.7
8.7
—2.7
8.8
-2.8
9.0
—2.9
9.3
—2.9
12
13
14
15
16
18
19
Other labor income
.
Rental income of persons
Capital consumption adjustment
. >j
20
Corporate profits with inventory valuation
and capital consumption adjustments.
12.9
16.3
17.4
19.8
19.5
22.8
22.6
23.9
27.7
29.5
28.9
30.4
28.9
26.7
27.9
24.5
21
Corporate profits with inventory valuation adjustment and without capital
consumption adjustment.
15.3
18.8
20.2
22.9
22.6
25.8
26.1
27.6
31.5
33.4
32.8
34.4
32.7
30.4
31.7
28.4
16.5
6.1
10.4
28.3
10.5
17.8
31.8
11.8
20.0
32.3
11.6
20.7
30.5
10.9
19.6
30.1
10.8
19.3
32.9
11.8
21.1
34.4
12.1
22.3
36.2
12.8
23.4
35.6
12.6
23.1
34.5
12.2
22.3
31.3
11.1
20.3
27.6
9.7
17.9
28.7
10.1
18.6
28.2
9.9
18.2
12.1
13.9
14.7
13.2
12.8
14.6
15.1
16.7
15.9
14.9
13.0
10.7
11.5
10.9
-1.2
21.6
8.0
13.6
5.5
8.1
-2.8
-8.1
-8.9
-9.7
-4.7
-4.0
-5.2
-2.9
-2.9
-2.8
-.1
1.4
2.8
3.0
.2
-2.4
-2.5
-2.8
-3.1
-3.1
-3.0
-3.5
-3.7
-3.8
-3.9
-4.0
-4.0
-3.8
-3.8
-3.8
-3.9
1.5
1.6
1.6
1.7
2.2
2.1
2.1
2.0
2.2
2.1
2.0
2.0
2.1
2.2
2.2
2.2
22
23
24
25
26
27
28
29
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Net interest
5.3
A A.
A 1
A f\
i
i
A 7
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
39
Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-74—Continued
dollars]
1953
1952
1951
1950
1954
1955
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
217.8
228.0
243.5
255.4
264.6
270.7
274.7
279.3
280.6
281.1
286.1
295.8
300.6
302.8
301.5
294.0
294.9
295.4
299.0
307.2
317.5
325.9 331.2 338.0
1
144.2
150.2
158.5
166.4
174.5
180.1
183.3
186.0
191.0
192.3
195.8
203.6
207.4
210.7
210.8
209.3
207.3
206.9
207.5
211.8
216.3
222.8 227.7 232.8
2
136.9
21.4
142.6
21.6
150.5
22.8
158.0
24.7
165.2
26.8
170.5
28.5
173.6
30.5
176.0
31.1
180.9
32.5
182.1
33.2
185.4
33.8
192.9
33.9
196.5
34.1
199.6
34.4
199.8
34.4
198.2
34.3
195.9
34.4
195.5
34.7
195.9
35.1
199.9
35.4
203.7
35.6
209.8 214.1 218.9
36.7 36.8 37.2
115.5
121.0
127.8
133.3
138.5
142.0
143.1
144.9
148.4
148.8
151.6
159.0
162.4
165.2
165.4
163.9
161.5
160.8
160.8
164.5
168.1
173.2 177.4 181.6
3
4
5
7.3
4.0
7.5
4.0
8.0
4.2
8.5
4.4
9.3
4.9
9.6
5.1
9.7
5.0
10.1
5.1
10.1
5.1
10.2
5.1
10.4
5.2
10.7
5.3
10.9
5.2
11.1
5.3
11.0
5.1.
11.1
5.0
11.4
5.4
11.5
5.5
11.6
5.5
11.9
5.6
12.6
5.9
II
13.0
6.1
III
13.6
6.4
IV
Line
13.9
6.5
6
7
3.3
3.5
3.8
4.0
4.3
4.5
4.7
4.9
5.0
5.1
5.3
5.4
5.7
5.8
6.0
6.1
6.0
6.0
6.1
6.3
6.6
6.9
7.2
7.4
8
36.5
37.0
39.5
40.4
42.2
42.6
42.9
43.6
42.0
43.0
44.7
42.1
42.1
4t»4
40.7
41.0
41.1
40.1
40.9
41.1
41.8
42.4
42.7
43.1
9
12.8
13.5
12.7
13.3
13.6
14.3
14.7
15.4
15.5
16.2
15.7
16.6
15.7
16.6
16.2
17.1
14.5
15.3
15.1
15.9
16.6
17.4
13.4
14.2
13.4
14.2
12.9
13.6
12.5
13.2
13.0
13.7
13.3
14.0
11.8
12.4
12.4
13.0
11.7
12.3
11.6
12.2
11.5
12.1
11.0
11.7
10.9
11.5
10
11
-.7
-.7
-.7
-.7
-.8
-.8
-.9
-.9
-.8
-.8
-.8
-.7
-.7
-.7
-.7
-.7
-.7
-.6
-.6
-.6
-.6
-.6
-.6
-.6
12
27.4
26.1
27.5
26.5
27.9
26.8
28.1
27.0
28.6
27.4
28.7
27.9
28.5
27.7
28.2
27.9
28.0
27.0
27.8
26.9
28.3
27.3
28.5
27.6
29.3
28.6
30.2
29.1
30.9
30.3
31.6
30.9
32.2
31.6
13
14
.3
.9
.1
.9
.2
.9
.2
.9
-.1
.9
-.1
.9
-.5
.9
.1
.9
-.1
1.0
-.2
1.0
.2
.9
-.3
1.0
15
16
8.6
9.0
9.5
9.8
10.2
10.6
10.9
11.2
11.4
11.2
-.4
.9
11.2
-.3
1.0
8.2
.0
.9
10.6
.1
1.0
8.1
.3
.9
9.4
11.3
11.4
17
14.6 14.8 15.1
-3.4 -3.6 -3.7
18
19
23.7
22.8
24.3
24.0
25.9
26.6
25.6
26.8
26.8
27.8
26.8
26.2
27.2
25.7
.0
.9
6.8
-.6
.9
-1.7
.9
-2.1
.9
-1.9
.9
-.3
.9
.5
.9
6.9
7.2
9.7
-2.9
9.8
-2.9
10.1
-2.9
10.2
-2.9
10.4
-3.0
10.7
-3.2
11.1
-3.4
11.6
-3.5
11.7
-3.5
12.1
-3.4
12.3
-3.3
12.6
-3.2
12.8
-3.2
13.1
-3.3
13.6
-3.4
14.1
-3.5
14.1
-3.5
14.3
-3.4
14.5
-3.3
14.6
-3.2
14.5
-3.3
28.0
31.6
36.0
39.0
38.0
37.8
38.0
38.8
36.5
34.2
33.6
37.6
38.4
37.7
36.5
29.4
31.9
33.3
34.9
38.3
43.6
44.8
44.7
45.9
20
31.7
35.4
40.0
43.4
42.4
42.3
42.7
43.5
41.0
38.6
38.1
42.0
42.8
41.8
40.4
33.1
35.5
36.5
38.1
41.2
45.9
46.8
46.7
48.0
21
32.4
13.6
18.8
8.3
10.5
38.8
16.3
22.4
8.3
14.1
47.3
19.9
27.4
9.1
18.3
51.9
21.8
30.1
9.5
20.6
51.2
26.3
24.9
8.3
16.6
43.4
22.3
21.1
8.5
12.6
39.2
20.2
19.1
8.4
10.7
42.0
21.6
20.4
8.5
11.9
39.8
19.9
19.9
8.0
11.9
37.4
18.7
18.7
8.5
10.2
37.4
18.7
18.7
8.5
10.2
41.2
20.6
20.6
8.7
12.0
43.3
21.6
21.6
8.4
13.3
43.4
21.7
21.7
9.1
12.6
42.4
21.2
21.2
9.0
12.2
33.1
16.6
16.5
8.8
7.7
35.5
16.4
19.1
9.3
9.8
36.5
16.9
19.7
8.7
11.0
38.7
17.9
20.8
9.1
11.8
41.7
19.3
22.4
9.2
13.2
47.0
21.4
25.6
9.8
15.8
47.7
21.7
26.0
9.9
16.1
48.9
22.2
26.7
10.5
16.1
50.8
23.1
27.7
10.7
17.0
22
23
24
25
26
27
-.7
-3.3
-7.3
-8.5
-8.7
-1.0
3.5
1.5
1.3
1.2
.7
.8
-.4
-1.6
-2.0
.0
.0
.0
-.7
-.5
-1.1
- . 9 -2.2 -2.8
-3.7
-3.9
-4.0
-4.4
-4.5
-4.5
-4.7
-4.7
-4.6
-4.4
-4.4
-4.4
-4.4
-4.2
-4.0
-3.7
-3.6
-3.3
-3.1
-2.8
-2.3
-2.0 -2.0 -2.1
2.2
2.2
2.3
2.3
2.5
2.6
2.8
2.8
2.9
3.0
3.1
3.1
3.2
3.3
3.3
3.7
3.9
4.2
4.4
4.6
4.7
4.8
4.8
4.8
28
29
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
40
Table 1.13.—National Income by Type of Income: Annually, 1946-74, and
[Billions of
1957
1956
1958
1959
Line
2
3
4
5
6
7
g
9
10
11
12
13
14
15
16
17
18
19
I
II
III
National income
340.0
344.8
347.8
Comnensation of employees.
237.1
241.7
244.7
222.7
37.8
226.8
38.5
184.8
14.4
6.8
Wages and salaries
Government and government enterOther .
Supplements to wages and salaries
Employer contributions for social
insurance.
I
II
III
354.4
360.3
362.1
250.5
254.2
256.0
229.2
39.2
234.6
39.6
237.5
40.2
188.3
190.1
195.0
14.8
6.9
15.5
7.3
15.9
7.4
IV
IV
I
II
III
IV
365.8
360.4
354.3
355.4
366.3
379.4
389 5
258.6
257.0
254.0
253.5
259.6
265 8
273 1
238.9
40.7
241.1
41.5
239.4
41.6
236.6
42.6
236.1
43.7
241.7
44.8
247.5
45.2
253.1
45.4
197.3
198.2
199.6
197.8
193.9
192.4
196.9
202.3
16.7
8.0
17.0
8.1
17.5
8.3
17.7
8.3
17.4
8.2
17.4
8.2
17.9
8.5
18.3
8.5
I
II
III
IV
402 1
396 6
400 1
280 2
280 9
284 1
259.6
45.8
260.0
46.2
263.0
46.7
207.7
213.8
213 8
216 3
20.0
9.9
20.6
10.1*
20.9
10.1
21.1
10.2
7.6
7.9
8.2
8.5
8.6
8.9
9.2
9.4
9.2
9.2
9.4
9.8
10.1
10.5
10.8
10 9
42.9
43.1
44.0
44.5
44.3
44.7
45.7
45.2
47.1
47.1
47.4
48.0
47.5
47.8
46.8
46.8
Farm
.
-Proprietors' income with inventory
valuation adjustment and without
capital consumption adjustment.
Capital consumption adjustment
10.9
11.5
10.8
11.4
11.6
12.2
11.5
12.1
10.6
11.3
10.8
11.5
11.4
12.2
11.4
12.2
13.6
14.4
13.1
13.9
13.0
13.7
12.7
13.5
11.6
12.5
10.9
11.8
10.0
10.9
10.1
11.1
-.6
-.6
-.6
-.6
-.7
-.7
-.8
-.8
-.8
-.7
-.8
-.8
-.8
-.9
-.9
-.9
Nonfarm
-Proprietors' income without inventory valuation and capital consumption adjustments.
Inventory valuation adjustment
Capital consumption adjustment
31.9
31.4
32.3
31.9
32.4
31.6
33.0
32.4
33.7
32.9
34.0
33.2
34.2
33.2
33.8
33.0
33.5
32.5
33.9
32.9
34.4
33.2
35.2
34.2
35.9
34.8
36.8
35.8
36.8
35.5
36.7
35.1
-.5
1.0
-.7
1.0
-.3
1.1
-.6
1.1
-.4
1.2
-.4
1.2
-.1
1.2
-.3
1.2
-.1
1.1
-.1
1.1
.1
1.1
-.1
1.2
-.2
1.3
-.2
1.3
.0
1.3
.2
1.3
Rental income of persons with capital
consumption adjustment.
11.4
11.6
11.7
11.8
12.1
12.4
12.5
12.7
12.8
12.9
13.1
12.8
13.1
13.4
13.6
15.1
—3.7
15.2
-3.6
15.3
-3.6
15.3
-3.5
15.4
-3.5
15.7
-3.6
16.1
-3.7
16.2
-3.7
16.4
-3.8
16.6
-3.8
16.7
-3.8
16.9
-3.8
16.7
-3.9
17.1
-4.0
17.5
—4.1
17.7
—4.2
Other labor income
-.
Proprietors' income with inventory valuation and capital consumption adjustments.
Rental income of persons
Capital consumption adjustment
11.9
20
Corporate profits with inventory valuation and capital consumption adjustments.
43.6
43.3
42.0
42.2
43.9
43.0
42.4
38.8
33.0
34.1
38.3
43.9
47.4
52.3
46.8
46.5
21
Corporate profits with inventory valuation adjustment and without capital consumption adjustment.
45.8
45.9
45.3
46.0
47.5
46.4
45.6
41.8
36.2
37.6
41.7
47.4
50.6
55.0
49.8
49.2
48.7
22.0
26.7
10.9
15.8
49.6
22.4
27.2
10.9
16.2
46.5
21.1
25.5
11.0
14.5
49.1
22.2
26.9
11.4
15.5
49.9
22.8
27.1
11.5
15.7
47.9
21.8
26.0
11.7
14.3
46.9
21.4
25.5
11.8
13.7
42.8
19.5
23.2
11.5
11.7
36.4
16.8
19.6
11.4
8.2
37.3
17.2
20.1
11.4
8.6
42.0
19.4
22.6
11.3
11.3
48.2
22.2
26.0
11.0
15.0
51.5
23.4
28.1
11.7
16.4
56.2
25.8
30.4
12.1
18.4
50.0
23.0
27.1
12.4
14.7
48.7
22.4
26.3
12.5
13.8
-2.9
-3.6
-1.2
-3.0
-2.4
-1.5
-1.3
-.9
-.2
.3
-.2
-.9
-.9
-1.2
-.2
.5
—2.2
—2.7
—3.4
—3.8
-3.6
—3.4
—3.3
-3.1
-3.2
-3.5
—3.4
-3.4
-3.2
-2.8
-3.0
-2.7
5.0
5.2
5.4
5.4
6.0
6.3
6.8
6.9
7.5
7.8
8.2
8.6
8.7
8.7
8.8
9.1
22
23
24
25
26
27
28
29
Profits before tax
Profits tax liability
Profits after tax.. . . .
Dividends
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Net interest
..
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
41
Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-74—Continued
dollars]
1962
1961
1960
1963
1964
1965
Lino
II
III
IV
410.7
419.5
427.2
439.5
448.5
296.4
300.5
305.4
312.0
318.4
272.4
50.5
272.8
51.1
276.6
51.8
281.2
52.8
287.2
54.1
292.1
55.3
223.2
221.9
221.7
224.9
228.4
233.1
23.2
11.8
23.6
12.1
23.9
12.2
24.2
12.3
24.7
12.5
I
II
III
IV
I
412.9
413.0
412.5
409.6
292.5
295.4
296.2
295.6
269.8
47.7
272.5
48.6
273.0
49.8
222.2 223.9
I
II
III
IV
I
II
455.4
459.6
465.9
471.2
324.3
327.1
330.5
335.3
297.5
55.9
299.8
56.4
302.8
57.6
236.8
241.5
243.4
26.4
13.8
26.9
14.0
27.3
14.0
I
II
III
IV
479.0
486.6
494.6
505.8
515.3
340.1
345.0
351.1
357.4
364.7
306.5
58.6
310.9
59.3
315.4
60.1
320.7
61.9
326.6
63.1
333.2
64.1
245.3
248.0
251.6
255.2
258.8
263.6
27.7
14.2
28.8
15.2
29.2
15.4
29.7
15.6
30.4
15.9
30.8
15.8
III
IV
I
525.3
530.4
547.1
559.0 570.9 586.9
1
371.9
377.8
384.5
391.2 399.3 411.2
2
339.7
65.6
345.0
66.7
351.1
67.4
357.1 364.5 375.3
68.5 70.4 73.1
269.1
274.1
278.3
283.7
288.7 294.0 302.2
3
4
5
31.5
16.0
32.2
16.2
32.9
16.4
33.4
16.3
II
34.1
16.5
III
22.7
11.7
22.9
11.8
23.1
11.9
11.0
11.2
11.3
11.4
11.5
11.7
11.9
12.2
12.5
12.9
13.2
13.5
13.6
13.7
14.0
14.5
15.0
15.5
16.0
16.5
17.0
17.6
47.6
48.0
48.3
49.1
49.5
49.7
49.7
49.5
49.9
50.1
50.5
50.9
51.0
52.1
52.7
53.2
54.4
56.6
11.9
12.9
11.6
12.6
11.7
12.6
12.0
12.9
12.1
13.1
12.0
12.9
11.7
12.7
11.7
12.6
11.8
12.7
11.8
12.7
11.6
12.5
11.3
12.2
10.2
11.2
10.1
11.1
10.1
11.1
10.6
11.6
11.4
12.4
12.9
13.8
13.1
14.0
9
1 0
10
1 0
9
9
9
9
10
10
46.3
47.6
47.1
46.9
10.2
11.1
11.7
12.6
11.9
12.8
12.0
12.9
34.9
16.8
IV
35.9
17.2
6
7
18.1
18.7
8
57.4
58.2
9
12.9
13.8
10
11
19
36.2
34.9
35.9
34.4
35.2
33.7
35.0
33.6
35.7
34.5
36.3
35.1
36.7
35.6
37.1
36.0
37.4
36.1
37.8
36.5
38.0
36.7
37.8
36.3
38.1
36.4
38.3
36.8
38.9
37.4
39.6
38.0
40.8
39.1
42.0
40.1
42.6
40.8
42.5
40.9
43.0
41.5
43.7
42.3
44.4
42.8
45.4
44.1
13
14
1
1.3
1
1.3
.2
1.3
.1
1.3
-.1
1.3
.0
1.2
—.1
1.2
—.1
1.2
.0
1.3
.0
1.3
-.2
1.4
.1
1.5
.1
1.5
-.1
1.6
—.1
1.7
-.1
1.7
.0
1.8
.0
1.8
—.1
1.8
-.1
1.7
-.2
1.6
.2
1.6
.1
1.6
3
1.6
15
16
13.6
13.7
13.8
14.0
14.1
14.2
14.4
14.5
14.7
14.8
15.1
15.5
15.6
15.7
15.7
15.7
15.9
16.0
16.2
16.4
16.7
17.0
17.3
17.5
17
17.7
-4.2
17.8
-4.1
17.9
-4.0
17.9
-4.0
18.0
-4.0
18.2
-4.0
18.4
-4.0
18.6
-4.1
18.7
-4.0
18.8
-4.0
19.1
-4.0
19.4
-3.9
19.5
-3.9
19.6
-3.9
19.6
-3.9
19.7
-4.0
19.8
-4.0
20.0
-4.0
20.1
-4.0
20.3
-4.0
20.6
-4.0
20.9 21.2 21.4
-3.9 -3.9 -3.9
18
19
51.0
46.9
45.6
42.9
42.1
45.9
47.7
51.9
53.9
53.9
54.7
56.9
56.6
59.1
60.8
62.0
66.2
66.9
68.3
66.5
73.9
75.9
77.9
80.7
20
53.3
49.2
47.8
45.2
44.0
47.5
49.5
53.7
52.9
52.8
53.5
55.6
55.1
56.9
58.6
59.6
63.4
64.1
65.4
63.7
70.5
72.0
73.7
77.1
21
53.7
25.4
28.3
12.7
15.6
49.1
23.0
26.1
12.8
13.3
46.8
21.8
25.0
13.1
12.0
44.6
20.6
24.0
13.0
11.0
43.7
20.2
23.5
13.0
10.5
46.8
21.9
24.8
13.1
11.7
49.8
23.4
26.4
13.4
13.0
54.1
25.6
28.5
13.9
14.6
52.8
23.8
29.0
14.0
15.1
52.5
23.6
29.0
14.4
14.6
54.1
24.3
29.8
14.6
15.2
54.8
24.2
30.6
14.7
15.9
54.1
24.4
29.7
15.1
14.6
57.4
26.2
31.2
15.4
15.9
58.9
26.8
32.1
15.6
16.5
60.4
27.5
32.9
16.0
16.9
64.0
27.7
36.3
16.6
19.7
64.1
27.8
36.3
17.2
19.2
65.8
28.5
37.3
17.5
19.8
64.9
27.9
36.9
18.0
19.0
71.8
29.4
42.2
18.2
24.1
74.2
30.3
43.9
18.9
25.0
75.3
30.9
44.4
19.4
25.0
79.6
32.9
46.7
20.0
26.7
22
23
24
25
26
—.4
.1
.9
.6
.3
.8
-.3
—.4
.1
.3
-.6
.8
1.0
-.5
-.3
-.8
—.6
.0
-.5
-1.2
—1.3
-2.4
-2.3
-2.2
-2.3
-1.9
-1.6
-1.8
-1.8
.9
1.1
1.2
1.3
1.5
2.2
2.1
2.4
2.8
2.8
3.0
2.8
3.4
3.9
4.1
3.6
28
9.5
9.4
9.9
10.2
10.5
11.0
11.4
12.1
12.1
12.6
13.0
13.4
13.8
14.0
14.5
15.0
15.3
15.6
16.2
16.5
17.6
18.3
19.0
19.2
29
—2.2 - 1 . 5 - 2 . 5
27
42
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
Table 1.13.—National Income by Type of Income: Annually, 1946-74, and
[Billions of
1966
1967
1968
Line
I
II
III
IV
I
II
III
IV
I
II
III
IV
1
National income
606.3
617.7
627.7
637.1
641.2
647.8
660.1
674.2
690.3
708 6
723 4
735 4
2
Compensation of employees
423.4
434.5
445.5
453 8
460.2
465.8
475 4
486 2
500 3
513 2
527 0
ROQ
404.1
79.7
411.5
81.9
417.1
83.4
422.1
84.9
430.6
87.0
440.2
90.3
452.3
92.6
463.5
95.0
476.0
98.4
486.3
99.6
324.4
329.6
333.7
337.1
343.6
349.9
359.7
368 t>
377 6
386 8
41.3
21.3
42.3
21.7
43.1
22.1
43.7
22.5
44.8
23.0
46.0
23.5
48.1
24.5
49.6
24.9
51.1
25.5
52.4
26.9
20 7
21.0
21.2
21.8
22.5
23.5
24.7
25 6
26 5
- 61.8
61.7
62.3
63.0
63.8
64.4
3
4
5
Wages and salaries
Government and government enterprises.
Other
. .
383.9
74.9
309.0
394.0
76.8
317.1
6
7
Supplements to wages and salaries
Employer contributions for social
insurance.
39.5
20.4
40.5
20.8
19.2
19.7
20.1
69.6
59.7
60.6
8
Other labor income
7
9
Proprietors' income with inventory valuation, and capital consumption adjustments.
61.4
60.2
60.1
10
11
Farm
Proprietors' income with inventory
valuation adjustment and without
capital consumption adjustment.
Capital consumption adjustment
15.2
16.2
13.7
14.7
13.2
14.3
12.2
13.3
11.6
12.7
12.0
13.1
12.4
13.5
12.4
13.6
11.7
12.9
11.4
12.7
12.2
13.5
12.8
14.1
-1.0
-1.0
-1.0
-1.1
-1.1
-1.1
-1.2
-1.2
-1.2
-1.3
-1.3
-1.4
46.2
44.9
46.5
45.2
46.8
45.6
47.3
45.7
48.1
46.5
48.7
47.1
49.5
48.2
49.3
48.1
50.6
49.5
61.6
50.5
61.7
50.6
61 7
50.7
-.3
1.6
17.8
-.3
1.6
18.1
-.4
1.7
.0
1.7
.0
1.7
-.2
1.7
—.4
1.7
-.4
1.6
-.5
1.6
-.4
1.5
-.4
1.5
-.5
1.4
18.3
18.5
19.0
19.5
19.6
19.4
19.1
18.8
18.5
18.1
21.7
-3.9
22.0
-3.9
22.2
-3.9
22.4
-3.9
22.9
-3.9
23.4
-3.9
23.6
-4.0
23.7
-4.2
23.6
-4.5
23.7
-4.9
23.9
-5.4
24.0
-5.9
12
13
14
15
16
17
18
19
Nonfarm
.
Proprietors' income without inventory valuation and capital consumption adjustments.
Inventory valuation adjustment
Capital consumption adjustment
Rental income of persons with capital
consumption adjustment.
Rental income of persons
Capital consumption adjustment
20
Corporate profits with inventory valuation
and capital consumption adjustments.
83.1
83.4
81.6
82.0
78.8
78.0
78.7
81.6
82.7
87.1
86.9
86.4
21
Corporate profits with inventory valuation adjustment and without
capital consumption adjustment.
79.2
79.3
77.7
78.4
75.1
74.2
74.9
78.1
78.9
83.1
83.3
83.2
81.7
34.1
47.6
20.1
27.5
81.7
34.1
47.6
19.6
28.0
80.7
33.6
47.1
19.3
27.8
79.0
32.9
46.1
18.8
27.3
75.6
32.1
43.5
19.7
23.8
75.4
31.8
43.6
20.3
23.4
77.0
32.0
44.9
20.7
24.3
81.4
34.0
47.4
19.8
27.6
84.0
38.7
45.3
21.1
24.2
86.0
39.3
46.6
21.7
24.9
85.4
39.3
46.1
22.4
23.7
86.9
40.3
46.6
22.5
24.1
-2.5
-2.4
-2.9
-.6
-.5
-1.2
-2.0
-3.2
-5.1
-2.9
-2.0
-3.7
4.0
4.1
3.8
3.7
3.7
3.8
3.8
3.4
3.8
4.1
3.6
3.2
20.5
21.5
22.3
23.2
23.4
23.9
24.5
25.3
25.9
26.4
27.2
27.7
22
23
24
25
26
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
27
Inventory valuation adjustment
28
29
.
Capital consumption adjustment
Net interest
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
43
Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-74—Continued
dollars]
1969
I
II
III
I
IV
1972
1971
1970
1973*
1974*
Line
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
I
IV
II
III
IV
750.2 763.8
776.5
781.2
787.9
795.7
805.8
804.0
835.0
851.8
863.4
882.1
919.1
937.2
959.8
991.7 1,031.2 1,052.9 1,078.1 1,106.8 1,122.3 1,129.6 1,151.3 1,161.3
1
550.8 564.6
579.9
590.1
600.8
606.2
614.1
615.5
633.0
645.1
655.7
667.3
691.9
706.9
720.4
741.4
769.7
787.8
805.4
828.0
843.9
863.9
886.3 898.1
2
496.2 508.7
100.7 102.5
522.3
107.4
531.0
108.9
540.1
113.2
544.1
115.2
550.6
117.0
551.0
118.4
565.2
122.6
575.7
124.5
584.6
127.1
594.5
128.9
613.8
133.6
626.7
135.3
637.9
138.2
656.6
143.2
676.5
144.9
692.5
147.0
707.6
149.4
727.1
153.1
738.7
155.6
755.6
158.0
774.3
160.7
783.6
165.9
396.5 406.2
415.0
422.1
426.9
428.8
433.6
432.6
442.6
451.3
457.5
465.6
480.2
491.4
499.7
513.4
531.6
545.5
558.2
573.9
683.1
597.6
613.6
617.7
3
4
5
72.7
34.7
78.0
38.7
80.2
39.0
82.5
39.6
84.8
40.4
93.2
47.6
95.3
48.6
97.8
49.7
101.0
51.1
105.2
53.8
108.3
54.8
112.0
56.4
114.4
56.9
6
7
54.6
27.6
55.9
28.2
57.6
29.0
59.0
29.5
60.7
30.3
62.1
30.7
63.5
31.0
64.4
30.8
67.8
33.4
69.4
33.9
71.2
34.4
27.0
27.7
28.6
29.5
30.5
31.4
32.6
33.6
34.4
35.5
36.8
38.1
39.4
41.3
42.8
44.4
45.6
46.7
48.1
49.8
51.4
53.4
55.5
57.6
8
66.2
66.5
66.2
66.0
65.7
65.5
64.7
64.7
67.3
66.8
66.4
70.4
73.6
76.1
75.8
79.0
85.9
90.1
95.0
96.0
93.0
81.8
82.1
83.6
9
13.7
15.1
13.7
15.1
13.8
15.2
14.6
16.0
14.9
16.3
14.3
15.6
13.3
14.6
13.2
14.6
15.4
16.8
13.9
15.5
12.6
14.3
15.3
17.3
17.0
19.0
18.2
20.2
17.1
19.1
19.8
21.8
26.5
28.7
31.2
33.7
35.2
38.0
36.8
39.9
33.7
37.1
22.3
25.9
21.9
25.7
24.6
28.6
10
11
-1.4 -1.4
-1.4
-1.5
-1.4
-1.3
-1.3
-1.4
-1.5
-1.6
-1.8
-2.0
-2.0
-2.0
-2.0
-2.0
-2.2
-2.4
-2.7
-3.1
-3.4
-3.6
-3.8
-4.0
12
52.5
61.6
52.9
51.9
52.4
51.0
51.4
50.7
50.8
50.2
51.2
50.5
51.4
51.1
51.5
51.2
51.9
51.8
52.9
52.4
53.9
63.2
55.1
63.9
56.6
55.0
58.0
56.0
58.7
56.9
59.2
57.5
59.4
58.6
58.9
58.9
59.7
59.0
59.3
58.9
59.3
60.3
59.5
60.9
60.2
64.5
59.0
62.5
13
14
-.6
1.5
-.6
15
—.1
1.4
-.6
1.3
-.5
1.1
-.3
1.0
-.6
.9
-.6
.9
-.4
.9
-.4
1.1
-.4
1.5
-.5
2.1
-.5
2.5
-.8
2.6
-1.2
2.9
-1.8
2.6
-2.3
2.2
-1.5
2.3
-1.7
2.1
-2.9
1.9
-3.3
1.8
-5.8
1.5
-4.6
1.1
15
16
18.2
18.3
18.0
17.9
18.2
18.5
18.8
19.1
-.6
.7
19.3
20.0
20.5
20.8
22.1
18.2
23.2
22.7
21.8
21.2
21.3
21.1
21.1
21.0
20.9
20.9
17
24.5 24.9
-6.3 -6.6
24.9
-6.9
25.0
-7.0
25.3
-7.1
25.7
-7.1
26.0
-7.1
26.2
-7.1
26.5
-7.3
27.4
-7.5
28.6
-7.8
29.2
-7.1
26.7
-8.5
30.9
-8.1
30.3
-8.5
30.5 31.5
32.1
32.6
33.0 33.2
32.7
- 9 . 3 -10.2 -11.0 -11.5 -11.8 - 1 2 . 0 -12.3
18
19
79.9
86.8
89.9
30.9
-7.7
92.6
99.0
101.9
99.6
98.9
100.4
99.6
94.3
89.2
82.0
20
86.0
84.2
81.0
74.6
68.9
68.9
69.4
64.4
73.9
77.5
28.1
-7.7
77.5
82.2
80.1
77.4
71.9
66.8
67.0
68.0
63.8
73.3
76.9
77.3
80.4
84.9
87.2
89.9
96.2
99.4
97.4
97.9
99.6
100.3
96.0
92.0
86.1
21
87.5
41.4
46.1
22.2
23.9
85.5
40.6
44.9
22.4
22.5
81.2
38.5
42.7
22.7
20.0
79.6
38.2
41.4
23.0
18.4
72.7
34.6
38.1
23.0
15.2
71.7
34.6
37.1
23.0
14.1
73.2
35.4
37.7
22.9
14.8
68.3
33.3
35.1
22.7
12.4
77.6
37.1
40.4
23.2
17.2
81.2
38.1
43.1
23.0
20.1
83.2
37.7
45.5
23.1
22.4
85.9
37.8
48.1
22.7
25.4
90.0
39.3
50.7
23.8
26.9
92.3
40.0
52.3
24.3
28.1
96.5
41.4
55.0
24.9
30.2
105.8
45.4
60.4
25.4
34.9
115.2
47.8
67.5
26.4
41.0
117.9
48.8
69.1
27.2
41.9
115.8
47.8
68.0
28.1
39.9
119.1
48.6
70.5
29.5
41.0
128.3
49.4
78.9
30.0
48.9
129.6
52.6
77.1
30.9
46.2
146.7
59.3
87.4
31.7
55.7
123.9
49.2
74.7
31.7
43.0
22
23
24
25
26
-5.2 -5.3
-3.8
-7.7
-5.9
-4.6
-5.1
-4.6
-4.3
-4.3
-5.9
-5.6
-5.1
-5.2
-6.5
- 9 . 6 -15.8 -20.6 -17.9 -19.5 - 2 8 . 0 -33.7 -54.7 -37.7
27
.6
7
.3
—.5
1.9
2.7
2.7
2.7
2.5
2.2
41.6
42.5
43.2
43.9
44.7
46.0
47.7
49.6
51.9
54.3
3. i
4.1
3.6
2.7
2.0
10
14
6
29.0
30.2
31.4
32.6
34.4
36.7
38.8
40.3
1.0
.7
—.7
—1.7
—2.7
—4.2
28
57.6
61.3
64.8
68.7
72.7
76.7
29
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
44
Table 1.14.—National Income by Sector, Legal Form of
[Millions of
1946
National income.
Business
Corporate business i
1947
Corporate profits with inventory
valuation and capital consumption adjustments.
Profits before tax
Inventory valuation adjustment...
Capital consumption adjustment-.
Net interest
2
Sole proprietorships and partnerships .
Compensation of employees
Wages and salaries
Supplements to wages and salaries.
1949
1950
1951
1952
1953
1954
1955
1956
1957
178,327
194,556
219,007
212,670
236,203
272,297
285,827
299,735
299,131
328,020
346,911
362,264
152,507
171,759
194,814
186,161
207,554
236,472
245,977
258,496
256,771
282,779
298,345
310,324
118,760
114,184
130,230
150,207
155,982
166,904
164,227
186,195
197,478
205,044
66,473
3,411
82,173
77,991
4,182
91,227
86,770
4,457
88,962
84,287
4,675
98,768
92,799
5,969
26,098
32,677
132,397
123,331
9,066
33,204
166,739
153,686
13,053
28,265
134,208
125,568
8,640
34,337
158,390
146,669
11,721
21,502
123,226
115,291
7,935
34,281
144,864
134,557
10,307
16,204
114,725
107,328
7,397
36,934
43,020
41, 111
40,179
24,151
-5,263
-2,684
30,765
-5,899
-3,364
34,334
-2,152
-3,917
28,081
1,856
41,616
-4,965
-3,974
42,721
-1,199
-4,588
37,757
981
39,401
-997
36,718
-318
46,865
-1,736
-2,099
46,810
-2,693
-3,006
45,064
-1,639
-3,336
-455
-276
-732
-876
-1,215
-1,452
-1,689
-2,023
-1,874
74,694
77,596
80,180
33,099
1,433
85,633
Compensation of employees
Wages and salaries
Supplements to wages and salaries.
1948
57,073
19,818
Proprietors' income with inventory
valuation and capital consumption adjustments.
58,426
64,910
59,915
71,119
22,414
21,761
653
35,664
23,978
23,349
629
40,503
23,521
22,887
634
25,009
24,235
774
35,911
38,141
27,899
26,988
911
42,555
15,202
15,616
17,505
18,129
12,659
13,360
13,473
14,147
15,784
16,619
-4,457
-4,067
-3,196
-1,525
-1,641
-1,374
72,852
72,637
30,943
29,929
1,014
40,995
71,930
30,703
29,595
1,108
40,488
31,715
30,525
1,190
42,161
33,409
32,123
1,286
12,940
13,673
12,300
12,929
11,259
11,887
11,205
11,800
11,043
11,795
29,504
28,542
962
42,652
14,896
15,682
34,632
44,636
Farm
Proprietors' income and inventory valuation adjustment and
without capital consumption
adjustment.
Capital consumption adjustment.
14,928
-161
-414
-624
-701
-674
-835
-786
-733
-628
-595
-752
Nonfarm
Proprietors' income without inventory valuation and capital
consumption adjustments.
Inventory valuation adjustment.
Capital consumption adjustment.
21,462
23,116
20,462
21,564
22,998
22,895
23,252
21,931
24,668
24,835
26,771
26,161
27,756
26,608
28,055
27,297
28,188
27,262
30,902
30,130
32,063
31,473
32,695
-1,705
51
-1,471
369
-410
513
463
858
-1,094
927
-327
937
201
947
-168
926
-49
975
-198
970
-602
1,092
-300
1,198
Net interest..
Other private business 8~
Compensation of employees
Wages and salaries
Supplements to wages and salaries.
Proprietors' income with inventory
valuation and capital consumption
adjustments.
Rental income of persons with capital consumption adjustment.
Rental income of persons
Capital consumption adjustment...
Net interest
Government enterprises *..
Compensation of employees
Wages and salaries
Supplements to wages and salaries
Households and institutions
Compensation of employees
Wages and salaries
Supplements to wages and salaries..
Government
Compensation of employees
Wages and salaries
Supplements to wages and salaries..
285
348
429
483
545
739
818
919
1,012
7,905
7,969
8,828
9,498
10,934
12,147
13,654
15,410
17,017
18,028
19,217
20,818
629
610
19
172
676
22
785
18
849
815
34
1,067
1,031
1,274
1,227
47
318
1,367
1,311
56
212
1,206
1,161
45
311
1,342
1,290
52
208
1,100
1,063
37
287
1,170
1,131
177
978
938
40
214
332
343
5,467
5,252
5,701
6,116
7,071
7,710
10,026
11,029
11,270
11,634
12,247
7,280
-1,813
7,729
-2,477
8,508
-2,807
-2,823
9,960
-2,889
-3,259
12,188
-3,385
13,384
-3,358
14,360
-3,331
14,750
-3,480
15,232
-3,598
15,868
-3,611
1,637
1,842
2,116
2,321
2,671
3,106
3,464
3,910
4,471
5,166
5,909
6,861
1,896
1,965
2,316
2,564
2,695
2,999
3,489
3,545
3,697
3,862
4,064
4,282
1,896
1,834
1,965
1,903
2,316
2,245
71
5,599
2,564
2,483
2,695
2,599
2,999
2,899
100
6,899
3,387
102
3,545
3,458
3,597
3,634
63
8,073
3,862
3,748
114
9,068
4,054
3,878
4,282
4,047
62
62
4,492
5,140
4,492
4,444
5,140
5,087
48
53
5,599
5,540
17,431
17,431
16,762
81
96
5,923
6,437
5,923
5,859
6,437
6,358
64
79
696
264
7,216
6,767
132
7,216
7,075
141
27,397
31,161
27,397
26,314
1,083
31,161
29,974
1,187
304
87
7,769
7,769
7,606
163
176
235
9,804
10,514
9,804
9,571
10,514
10,248
8,073
7,881
192
8,866
212
32,478
34,194
233
266
32,478
31,360
1,128
34,194
32,826
1,368
36,596
39,125
19,441
31,942
20,879
16,715
36,596
39,125
19,441
31,942
20,793
16,715
20,879
34,900
36,941
1,979
18,330
1,473
1,809
1,529
30,861
1,163
Rest of the world
18,866
15,610
20,019
1,111
1,105
1,927
860
1,696
2,184
2
1,081
-70
14
-57
Compensation of employees..
1,145
942
535
1,333
1,422
1,579
1,099
1,162
Corporate profits
2,166
2,301
68
-40
78
444
1,528
470
372
184
241
353
Net interest
832
425
984
-82
-78
255
150
271
-7
1,813 in Schedule
3. Consists of all business activities reported
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
1,135 on the individual income tax return
E—Supplemental Income Schedule; tax-exempt cooperatives; and owner-occupied
nonfarm
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
436
400 institutions serving individuals,
dwellings and buildings owned by nonprofit
which are
CURRENT BUSINESS.
considered to be business establishments selling their current services to their owners.
1. Consists of the domestic activities of all entities filing corporate tax returns, mutual
4. Consists of those activities of government whose operating costs are at least to a subfinancial institutions, private noninsured pension funds, cooperatives subject to Federal income
stantial extent covered by the sale of goods and services to the public. Interest paid and
taxes, nonprofit organizations serving business, Federal Reserve banks, and federally sponsored credit agencies.
interest received are excluded from costs and sales, respectively, in judging whether the
activity qualifies as a government enterprise.
2. Sole proprietorships consists of the business activities reported on the individual income
tax return in Schedule C—Profit (or Loss) From Business or Profession and Schedule F—
Farm Income and Expenses, farm dwellings, and subsistence farms. Partnerships includes all
entities filing partnership income returns.
20,793
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
45
Organization, and Type of Income: Annually, 1946-74
dollars]
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973*
1974*
Line
363,995
397,083
412,008
424,246
457,366
482,841
519,204
565,959
622,215
655,805
714,418
767,929
798,374
858,067
951,935 1,067,250 1,141,107
1
308,188
338,327
348,552
356,227
383,957
404,588
434,210
474,475
520,327
542,157
588,115
630,487
647,429
691,554
770,296
2
198,415
225,168
233,587
238,447
261,484
277,983
300,956
332,267
368,281
385,636
423,974
459,265
470,852
503,553
564,296
634,453
679,796
3
164,147
150,988
13,159
180,657
165,444
15,213
190,842
174,032
16,810
195,592
178,180
17,412
210,956
191,208
19,748
222,580
201,220
21,360
239,053
215,982
23,071
259,726
234,332
25,394
288,283
258,352
29,931
308,284
276,248
32,036
339,981
303,566
36,415
377,749
336,340
41,409
399,314
353,955
45,359
423,832
373,296
50,536
470,632
411,367
59,265
531,835
460,762
71,073
582,431
502,051
80,380
4
5
6
35,748
46,435
44,671
44,558
52,242
56,984
63,848
73,826
79,780
76,245
82,563
77,726
64,105
72,633
87,236
93,350
80,240
7
39,370
-255
-3,367
49,804
-453
-2,916
46,631
327
-2,287
46,243
90
-1,775
50,951
138
1,153
55,084
-153
2,053
61,568
-543
2,823
71,939
-1,865
3,752
77,986
-2,098
3,892
74,314
-1,744
3,675
82,338
-3,447
3,672
79,703
-5,526
3,549
67,699
-5,067
1,473-
77,409
-5,029
253
91,311
-6,597
2,522
110,183
-18,441
1,608
121,080
-38,533
-2,307
8
9
10
-1,480
-1,924
-1,926
-1,703
-1,714
-1,581
-1,945
-1,285
218
1,107
1,430
3,790
7,433
7,088
6,428
9,268
17,125
11
82,614
84,151
83,984
84,824
86,999
88,732
93,013
98,905
105,434
106,931
112,378
117,064
118,026
123,519
134,548
156,421
157,910
12
34,465
33,008
1,457
36,113
34,265
1,848
36,163
34,155
2,008
35,621
33,543
2,078
36,235
33,973
2,262
36,993
34,542
2,451
38,911
36,405
2,506
39,974
37,443
2,531
42,371
39,430
2,941
42,829
39,829
3,000
45,434
42,173
3,261
46,485
43,032
3,453
47,385
43,806
3,579
49,002
45,175
3,827
50,643
46,442
4,201
55,214
50,196
5,018
60,970
55,336
5,634
13
14
15
46,998
46,864
46,600
47,844
49,168
49,878
51,775
66,201
59,820
60,478
62,920
65,752
64,692
67,266
75,559
91,200
84,630
16
13,102
13,864
10,661
11,557
11,420
12,344
11,808
12,742
11,872
12,822
11,601
12,546
10,279
11,233
12,568
13,509
13,596
14,621
12,080
13,235
12,003
13,307
13,944
15,368
13,932
15,293
14,289
15,991
18,003
20,013
32,421
35,068
25,629
29,344
17
18
868,672
920,771
-762
-896
-924
-934
-950
-945
-954
-941
-1,025
-1,155
-1,304
-1,424
-1,361
-1,702
-2,010
-2,647
-3,715
19
33,896
32,806
36,203
34,930
35,180
33,763
36,036
34,878
37,296
35,930
38,277
36,690
41,496
39,744
43,633
42,165
46,224
44,835
48,398
46,947
50,917
49,839
51,808
50,803
50,760
50,212
52,977
52,291
57,556
55,767
58,779
58,212
59,001
61,421
20
21
-56
1,146
-54
1,327
91
1,326
-60
1,218
-42
1,408
-45
1,632
-48
1,800
-198
1,666
-280
1,669
-254
1,705
-449
1,527
-471
1,476
-506
1,054
-443
1,129
-746
2,535
-1,831
2,398
-4,142
1,722
22
23
1,151
1,174
1,221
1,359
1,596
1,861
2,327
2,730
3,243
3,624
4,024
4,827
5,949
7,251
8,346
10,007
12,310
24
22,418
23,915
25,420
27,128
29,231
31,147
32,990
35,521
38,122
40,482
41,731
43,158
45,817
50,684
56,335
61,129
64,219
25
1,400
1,340
60
1,456
1,383
73
1,529
1,462
67
1,723
1,634
89
1,905
1,804
101
2,056
1,942
114
2,136
2,020
116
2,235
2,112
123
2,405
2,254
151
2,550
2,394
156
2,771
2,597
174
3,082
2,878
204
3,315
3,085
230
3,673
3,414
259
4,118
3,810
308
4,464
4,101
363
4,823
4,420
403
26
27
28
383
360
378
412
445
464
472
473
486
496
487
466
448
449
579
542
483
29
12,867
13,230
13,758
14,287
15,028
15,680
16,098
17,117
18,181
19,376
18,624
18,105
18,644
20,108
21,543
21,331
20,965
30
16,677
-3,810
17,261
-4,031
17,818
-4,060
18,294
-4,007
18,984
-3,956
19,587
-3,907
20,070
-3,972
21,049
-3,932
22,080
-3,899
23,384
-4,008
23,800
-5,176
24,802
-6,697
25,782
-7,138
27,663
-7,555
29,414
-7,871
31,089
-9,758
32,878
-11,913
31
32
7,768
8,869
9,755
10,706
11,853
12,947
14,284
15,696
17,050
18,060
19,849
21,505
23,410
26,454
30,095
34,792
37,948
33
4,741
5,093
5,561
5,828
6,243
6,726
7,251
7,782
8,490
9,108
10,032
11,000
12,734
13,798
15,117
16,669
18,846
34
4,741
4,447
294
5,093
4,742
351
5,561
5,144
417
5,828
5,379
449
6,243
5,757
486
6,726
6,187
539
7,251
6,661
590
7,782
7,171
611
8,490
7,800
690
9,108
8,344
764
10,032
9,182
850
11,000
10,063
937
12,734
11,568
1,166
13,798
12,370
1,428
15,117
13,480
1,637
16,669
14,777
1,892
18,846
16,549
2,297
35
36
11,441
12,345
13,833
14,406
15,532
16,554
17,769
19,211
21,148
23,945
26,371
29,238
31,642
34,650
37,218
40,413
44,810
38
11,441
11,140
301
12,345
11,897
448
13,833
13,275
558
14,406
13,800
606
15,532
14,830
702
16,554
15,745
809
17,769
16,886
883
19,211
18,235
976
21,148
19,947
1,201
23,945
22,542
1,403
26,371
24,780
1,591
29,238
27,389
1,849
31,642
29,562
2,080
34,650
32,279
2,371
37,218
34,512
2,706
40,413
37,230
3,183
44,810
41,179
3,631
39
37
40
41
42,123
43,995
47,146
50,528
54,307
58,021
62,876
67,592
76,546
85,142
95,179
103,740
114,687
125,249
137,372
149,122
161,123
42
42,123
39,648
2,475
43,995
41,284
2,711
47,146
44,006
3,140
50,528
47,056
3,472
54,307
50,551
3,756
58,021
53,797
4,224
62,876
58,218
4,658
67,592
62,689
4,903
76,546
70,533
6,013
85,142
78,076
7,066
95,179
87,191
7,988
103,740
94,808
8,932
114,687
104,404
10,283
125,249
113,412
11,837
137,372
124,109
13,263
149,122
133,821
15,301
161,123
143,508
17,615
43
44
45
2,243
2,416
2,477
3,085
3,570
3,678
4,349
4,681
4,194
4,561
4,753
4,464
4,616
6,614
7,049
9,043
14,403
46
-72
1,734
581
-80
1,809
687
T142
-130
2,343
872
-80
2,620
1,030
-48
2,622
1,104
-39
3,141
1,247
23
3,270
1,388
47
2,758
1,389
57
3,016
1,488
47
3,230
1,476
60
3,719
685
73
3,786
757
67
4,565
1,982
45
4,845
2,159
28
6,822
2,193
19
11,039
3,345
47
48
49
1,909
710
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
46
Table 1.15.—Gross Domestic Product of Corporate Business: Annually, 1946-74, and
1946
Line
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
Billions of dollars
1
Gross domestic product of corporate
business.
103.4
124.1
142.2
139.1
157.6
180.8
189.4
203.0
200.5
225.6
241.0
252.5
2
Capital consumption allowances with
capital consumption adjustment.
7.4
9.2
10.9
11.8
12.8
14.9
16.0
17.3
18.2
19.5
21.9
24.2
3
4
Net domestic Droduct
Indirect business tax and nontax liability plus business transfer payments less subsidies.
Domestic income
Compensation of employees
Wages and salaries
Supplements to wages and salaries.
Corporate profits with inventory valuation and capital consumption
adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment-..
Capital consumption adjustment..
Net interest
96.0
10.4
114.9
11.5
131.2
12.5
127.3
13.1
144.8
14.5
165.9
15.7
173.4
17.4
185.7
18.8
182.3
18.1
206.1
19.9
219.1
21.6
228.3
23.2
85.6
69.9
66.5
3.4
16.2
103.4
82.2
78.0
4.2
21.5
118.8
91.2
86.8
4.5
28.3
114.2
89.0
84.3
4.7
26.1
130.2
98.8
92.8
6.0
32.7
150.2
114.7
107.3
7.4
36.9
156.0
123.2
115.3
7.9
34.3
166.9
134.2
125.6
8.6
34.3
164.2
132.4
123.3
9.1
33.2
186.2
144.9
134.6
10.3
43.0
197.5
158.4
146.7
11.7
41.1
205.0
166.7
153.7
13.1
40.2
24.2
9.1
15.0
5.4
9.6
-5.3
-2.7
-.5
30.8
11.3
19.5
6.1
13.4
-5.9
-3.4
-.3
34.3
12.4
21.9
6.8
15.2
-2.2
-3.9
-.7
28.1
10.2
17.9
6.9
11.0
1.9
-3.8
-.9
41.6
17.9
23.7
8.4
15.3
-5.0
-4.0
-1.2
42.7
22.6
20.2
8.1
12.0
-1.2
-4.6
-1.5
37.8
19.4
18.4
8.2
10.2
1.0
-4.5
-1.5
39.4
20.3
19.1
8.5
10.7
-1.0
-4.1
-1.6
36.7
17.6
19.1
8.7
10.4
-.3
-3.2
-1.4
46.9
22.0
24.8
9.8
15.0
-1.7
-2.1
-1.7
46.8
22.0
24.8
10.5
14.3
-2.7
-3.0
-2.0
45.1
21.4
23 6
10.9
12.8
-1.5
-3.3
-1.9
5
6
7
8
9
10
11
12
13
14
15
16
17
18
Gross domestic product
of financial
corporate business. 1
4.1
4.1
4.9
5.5
5.7
6.2
7.0
8.0
8.6
9.0
9.4
10.2
19
Gross domestic product of nonfinancial corporate business.
99.3
120.0
137.3
133.5
151.9
174.5
182.3
195.0
191.9
216.7
231.6
242.3
20
Capital consumption allowances with
capital consumption adjustment.
7.3
9.1
10.7
11.6
12.6
14.6
15.7
17.0
17.9
19.2
21.5
23.7
21
22
Net domestic product
Indirect business tax and nontax liability plus business transfer payments less subsidies.
Domestic income
Compensation of employees
Wages and salaries
Supplements to wages and salariesCorporate profits with inventory
valuation and capital consumption adjustments.
Profits before tax
Profi ts tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment. __
Capital consumption adjustment...
Netinterest ..
92.1
10.1
110.9
11.2
126.5
12.1
121.9
12.6
139.3
14.1
159.9
15.2
166.7
16.8
178.1
18.2
174
17.41
197
19.25
210
20.81
218
22.45
81.9
67.2
63.9
3.3
14.1
99.8
79.1
75.1
4.0
19.9
114.4
87.8
83.5
4.3
25.8
109.3
85.3
80.8
4.5
23.0
125.2
94.7
89.0
5.7
29.6
144.7
110.2
103.1
7.1
33.4
149.8
118.3
110.7
7.6
30.3
159.9
128.7
120.5
8.3
29.9
156.6
126.5
117.8
8.6
28.6
178.3
138.5
128.6
9.8
38.2
189.2
151.4
140.2
11.2
36.1
196.2
159.1
146.6
12.5
35.0
22.0
8.6
13.4
5.1
8.3
-5.3
-2.7
.7
29.1
10.8
18.3
5.9
12.4
-5.9
-3.3
.8
31.8
11.8
20.0
6.5
13.5
-2.2
-3.9
.9
24.9
9.3
15.6
6.5
9.1
1.9
-3.8
1.0
38.5
16.9
21.6
7.9
13.6
-5.0
-3.9
.9
39.1
21.2
17.9
7.8
10.1
-1.2
-4.5
1.1
33.8
17.8
16.0
7.8
8.1
1.0
-4.4
1.2
34.9
18.5
16.4
8.0
8.4
-1.0
-4.0
1.3
32.1
15.6
16.4
82
8.2
-.3
-3.2
1.6
42.0
20.2
21.8
9 4
12.4
-1.7
-2.1
1.6
41.8
20.1
21.8
10.1
11.6
-2.7
-3.0
1.7
39 8
19.1
20.7
10 4
10.3
-1.5
-3.3
2.2
23
24
25
26
27
28
29
30
31
32
33
34
35
Billions of 1972 dollars
36
Gross domestic product of nonfinancial corporate business.
229.7
219.9
247.5
270.2
275.2
292.0
283.5
315.1
324.1
328.3
37
Capital consumption allowances with
capital consumption adjustment.
21.5
22.7
23.9
25.2
26.4
27.9
29.1
30.5
31.9
33.3
38
39
Net domestic product
Indirect business tax and nontax liability plus business transfer payments less subsidies.
Domestic income
208.1
25.8
197.2
26.2
223.6
28.4
245.1
29.4
248.7
30.4
264.1
31.9
254.3
32.4
284.6
34.3
292.1
35.7
295.0
36.9
182.3
170.9
195.2
215.7
218.4
232.3
221.9
250.3
256.4
258.1
40
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OP CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY
OF CURRENT BUSINESS.
1. Consists of the following industries: Banking; credit agencies other than banks; security
and commodity brokers, dealers, and services; insurance carriers; regulated investment companies; small business investment companies; and real estate investment trusts.
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
47
Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-74
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973*
1974*
Lino
Billions of dollars
247.6
278.3
291.0
298.8
325.8
346.3
373.7
409.8
451.0
475.2
523.7
570.1
592.4
637.6
708.9
793.2
854.6
1
25.4
26.5
27.5
28.4
29.3
30.4
31.7
33.7
36.7
40.4
44.4
49.4
55.1
60.6
65.4
71.9
82.1
2
222.1
23.7
251.8
26.6
263.4
29.9
270.4
31.9
296.5
35.0
315.9
37.9
342.0
41.0
376.1
43.9
414.3
46.0
434.7
49.1
479.3
55.3
520.6
61.4
537.3
66.4
577.0
73.4
643.5
79.3
721.4
86.9
772.6
92.8
3
4
198.4
164.1
151.0
13.2
35.7
225.2
180.7
165.4
15.2
46.4
233.6
190.8
174.0
16.8
44.7
238.4
195.6
178.2
17.4
44.6
261.5
211.0
191.2
19.7
52.2
278.0
222.6
201.2
21.4
57.0
301.0
239.1
216.0
23.1
63.8
332.3
259.7
234.3
25.4
73.8
368.3
288.3
258.4
29.9
79.8
385.6
308.3
276.2
32.0
76.2
424.0
340.0
303.6
36.4
82.6
459.3
377.7
336.3
41.4
77.7
470.9
399.3
354.0
45.4
64.1
503.6
423.8
373.3
50.5
72.6
564.3
470.6
411.4
59.3
87.2
634.5
531.8
460.8
71.1
93.4
679.8
582.4
502.1
80.4
80.2
5
6
7
8
9
39.4
19.0
20.4
10.6
9.8
-.3
-3.4
-1.5
49.8
23.6
26.2
11.3
14.8
-.5
-2.9
-1.9
46.6
22.7
23.9
12.0
11.9
.3
-2.3
-1.9
46.2
22.8
23.5
12.3
11.2
.1
-1.8
-1.7
51.0
24.0
27.0
13.3
13.7
.1
1.2
-1.7
55.1
26.2
28.9
14.5
14.3
-.2
2.1
-1.6
61.6
28.0
33.6
16.0
17.6
-.5
2.8
-1.9
71.9
30.9
41.1
17.6
23.4
-1.9
3.8
-1.3
78.0
33.7
44.3
18.1
26.2
-2.1
3.9
.2
74.3
32.5
41.8
18.7
23.2
-1.7
3.7
1.1
82.3
39.4
42.9
20.5
22.4
-3.4
3.7
1.4
79.7
39.7
40.1
20.7
19.4
-5.5
3.5
3.8
67.7
34.5
33.2
20.7
12.6
-5.1
1.5
7.4
77.4
37.7
39.7
20.3
19.4
-5.0
.3
7.1
91.3
41.5
49.8
21.7
28.1
-6.6
2.5
6.4
110.2
48.2
61.9
24.7
37.3
-18.4
1.6
9.3
121.1
52.6
68.5
30.9
37.5
-38.5
-2.3
17.1
10
11
12
13
14
15
16
17
11.2
12.6
13.7
14.3
14.9
15.4
16.1
17.7
20.3
22.2
25.3
28.3
31.8
35.2
37.9
41.3
46.0
18
236.3
265.7
277.3
284.5
311.0
330.9
357.6
392.1
430.7
452.9
498.4
541.8
560.6
602.5
671.0
751.9
808.7
19
24.9
26.0
27.0
27.8
28.7
29.8
31.0
32.8
35.7
39.3
43.0
47.8
53.1
58.2
62.6
68.7
78.3
20
211.4
22.8
239.7
25.4
250.3
28.3
256.7
30.1
282.3
33.0
301.1
35.6
326.6
38.4
359.3
41.1
394.9
42.9
413.6
45.8
455.4
51.6
494.0
57.1
507.5
61.8
544.2
68.2
608.4
73.5
683.2
80.6
730.4
86.0
21
22
188.6
155.9
143.4
12.5
30.1
214.4
171.6
157.2
14.4
39.7
222.0
181.1
165.2
15.9
37.4
226.5
185.1
168.7
16.4
37.4
249.2
199.8
181.2
18.6
44.9
265.6
210.7
190.6
20.1
50.0
288.3
226.3
204.6
21.7
56.7
318.2
246.1
222.2
23.8
66.1
352.0
273.5
245.3
28.2
71.2
367.9
291.9
261.9
30.0
67.2
403.8
321.6
287.4
34.2
72.1
437.0
357.4
318.6
38.9
66.4
445.7
377.1
334.6
42.5
51.6
476.0
399.4
352.2
47.3
58.7
534.8
443.8
388.3
55.5
72.0
602.6
502.2
435.7
66.6
75.9
644.4
549.5
474.3
75.2
63.2
23
24
25
26
27
33.7
16.2
17.5
10.2
7.3
-.3
-3.4
2.7
43.1
20.7
22.3
10.8
11.5
-.5
-2.9
3.1
39.5
19.2
20.3
11.5
8.7
.3
-2.3
3.5
39.2
19.5
19.7
11.7
8.0
.1
-1.8
3.9
43.7
20.6
23.1
12.7
10.3
.1
1.0
4.5
48.3
22.8
25.5
14.1
11.4
-.2
1.9
4.8
54.6
24.0
30.7
15.3
15.4
-.5
2.6
5.3
64.4
27.2
37.2
17.2
20.0
-1.9
3.6
6.1
69.5
29.5
40.0
18.1
21.9
-2.1
3.8
7.4
65.4
27.7
37.7
18.9
18.8
-1.7
3.6
8.7
71.9
33.6
38.3
20.7
17.6
-3.4
3.6
10.1
68.4
33.3
35.1
20.7
14.4
-5.5
3.5
13.1
55.1
27.3
27.9
19.9
8.0
-5.1
1.5
17.0
63.3
29.9
33.3
20.0
13.3
-5.0
.5
17.9
75.9
33.5
42.4
21.7
20.7
-6.6
2.7
19.1
92.8
39.1
53.7
24.5
29.2
-18.4
1.6
24.5
103.8
42.7
61.1
30.5
30.6
-38.5
-2.1
31.7
28
29
30
31
32
33
34
35
Billions of 1972 dollars
313.4
347.3
358.9
366.7
399.7
425.4
455.2
494.6
532.9
545.8
581.6
607.3
600.6
619.3
671.0
717.7
697.6
36
34.3
35.3
36.4
37.5
38.7
40.1
41.5
43.4
46.0
48.8
51.5
54.5
57.4
60.0
62.6
65.8
69.3
37
279.0
37.6
312.0
40.2
322.5
41.8
329.2
43.4
361.0
46.6
385.4
49.1
413.7
51.4
451.3
54.3
487.0
57.6
496.9
59.0
530.1
61.7
552.8
64.9
543.2
65.7
559.2
69.2
608.4
73.6
651.9
78.0
628.2
77.4
38
39
241.4
271.9
280.7
285.8
314.4
336.3
362.3
397.0
429.4
438.0
468.4
487.9
477.5
490.1
534.8
573.9
550.8
40
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
48
Table 1.15.—Gross Domestic Product of Corporate Business: Annually, 1946-74, and
1946
Line
II
1947
III
IV
II
1948
III
IV
1949
II
III
IV
II
III
IV
Billions of dollars
Gross domestic product of corporate
business.
92.1
100.9
107.4
113.2
117.3
122.5
125.4
131.2
137.7
141.1
143.8
146.2
142.7
138.8
139.6
135.4
Capital consumption allowances with
capital consumption adjustment.
6.9
7.1
7.5
8.0
8.4
8.9
9.5
10.0
10.4
10.7
11.1
11.5
11.5
11.6
11.9
12.2
Net domestic product
Indirect business tax and nontax liability plus business transfer payments less subsidies.
Domestic income
Compensation of employees
Wages and salaries
Supplements to wages and salaries.
Corporate profits with inventory valuation and capital consumption
adjustments.
Profits before tax
Profits tax liability
Profits aftertax
Dividends
Undistributed profits
Inventory valuation adjustment-. _
Capital consumption adjustment...
Net interest
85.2
9.9
93.8
10.2
99.9
10.6
105.2
10.9
108.9
11.1
113.6
11.2
115.9
11.5
121.1
12.2
127.3
12.0
130.3
12.4
132.7
12.7
134.7
12.8
131.2
12.8
127.1
13.0
127.7
13.3
123.2
13.2
75.3
63.2
60.0
3.2
12.5
83.6
68.2
64.8
3.3
15.9
89.3
72.7
69.2
3.5
17.0
94.3
75.5
71.9
3.7
19.2
97.8
79.2
75.2
4.0
18.8
102.4
80.6
76.5
4.1
22.1
104.4
82.8
78.6
4.2
21.9
109 0
86.1
81.7
4.4
23.1
115.3
89.1
84.7
4.4
26 9
117.9
89.9
85.5
4.4
28.7
120.0
92.7
88.2
4.5
28.0
121.9
93.1
88.6
4.5
29.5
118.4
91.2
86.7
4.5
28.1
114.1
89.2
84.5
4.6
25.8
114.4
88.3
83.5
4.7
27.0
110.0
87.2
82.4
4.8
23.7
16.2
6.1
10.0
5.0
5.0
-1.2
-2.4
-.4
21.2
8.0
13.2
5.4
7.8
-2.8
-2.5
-.5
27.9
10.5
17.4
5.6
11.8
-8.1
-2.8
-.5
31.3
11.8
19.5
6.0
13.5
-8.9
-3.1
-.5
31.6
11.6
20.1
5.9
14.2
-9.7
-3.1
-.3
29.8
10.9
18.9
6.1
12.7
-4.7
-3.0
-.3
29.5
10.8
18.7
6.4
12.3
-4.0
-3.5
-.3
32.1
11.8
20.3
6.3
14.1
-5.2
-3.7
-.3
33.6
12.1
21.5
6.9
14.6
-2.9
-3.0
-.8
35.4
12.8
22.6
6.5
16.1
-2.9
-3.9
-.7
34.8
12.6
22.2
6.9
15.3
-2.8
-4.0
-.7
33.6
12.2
21.4
7.1
14.3
-.1
-4.0
-.7
30.5
11.1
19.4
6.9
12.5
1.4
-3.8
-.9
26.7
9.7
17.0
6.9
10.1
2.8
-3.8
-.9
27.9
10.1
17.7
6.8
11.0
3.0
-3.8
-.9
27.4
9.9
17.5
7.1
10.4
.2
Gross domestic product
of financial
corporate business. l
4.0
4.1
4.1
4.1
3.9
4.0
4.0
4.5
4.2
4.7
5.2
5.4
5.5
5.5
5.5
5.7
19
Gross domestic product of nonfinancial corporate business.
88.1
96.8
103.3
109.1
113.4
118.5
121.4
126.7
133.4
136.4
138.7
140.7
137.3
133.3
134.0
129.8
20
Capital consumption allowances with
capital consumption adjustment.
6.8
7.0
7.4
7.9
8.3
8.8
9.3
9.9
10.2
10.6
10.9
11.3
11.3
11.4
11.7
12.0
Net domestic product
Indirect business tax and nontax liability plus business transfer payments less subsidies.
Domestic income
Compensation of employees
Wages and salaries
Supplements-to wages and salaries.
Corporate profits with inventory
valuation and capital consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment...
Capital consumption a d j u s t m e n t Net interest
81.3
9.6
89.8
9.9
95.9
10.3
101.2
10.6
105.1
10.8
109.8
10.9
112.0
11.1
116.8
11.8
123.2
11.6
125.8
12.1
127.7
12.3
129.5
12.4
125.9
12.4
121.8
12.6
122.4
12.8
117.8
12.7
71.7
60.6
57.6
3.1
10.4
79.9
65.5
62.3
3.2
13.8
85.6
69.9
66.6
3.3
15.0
90.6
72.7
69.2
3.5
17.2
94.3
76.2
72.4
3.9
17.2
98.9
77.5
73.6
3.9
20.6
100.9
79.8
75.7
4.1
20.3
105.0
82.9
78.7
4.2
21.3
111.6
85.8
81.6
4.2
24.8
113.7
86.6
82.3
4.2
26.3
115.5
89.2
84.9
4.3
25.4
117.1
89.6
85.3
4.3
26.6
113.6
87.6
83.3
4.3
25.0
109.2
85.5
81.1
4.4
22.7
109.5
84.6
80.1
4.5
23.9
105.0
83.4
78.8
4.6
20.6
14.0
5.6
8.4
4.7
3.7
-1.2
-2.4
.6
19.0
7.5
11.5
5.1
6.5
-2.8
-2.5
.7
25.8
10.0
15.8
5.3
10.5
-8.1
-2.7
.7
29.3
11.3
17.9
5.7
12.2
-8.9
-3.1
.7
30.0
11.1
18.9
5.6
13.2
-9.7
-3.1
.8
28.2
10.5
17.7
5.9
11.8
-4.7
-3.0
.7
27.8
10.4
17.5
6.2
11.3
-4.0
-3.5
.8
30.2
11.3
18.9
6.1
12.8
-5.2
-3.7
.8
31.4
11.6
19.8
6.6
13.2
-2.9
-3.7
.9
33.0
12.2
20.8
6.2
14.5
-2.9
-3.8
.9
32.1
11.9
20.2
6.6
13.6
-2.8
-3.9
.8
30.7
11.4
19.2
6.8
12.5
-.1
-4.0
.8
27.4
10.2
17.2
6.6
10.6
1.4
-3.8
.9
23.6
8.9
14.7
6.5
8.3
2.8
-3.7
1.0
24.7
9.3
15.5
6.3
9.1
3.0
-3.8
1.0
24.3
9.1
15.2
6.6
8.6
.2
-3.9
1.0
Billions of 1972 dollars
Gross domestic product of nonfinancial corporate business.
227.2
230.5
229.6
231.5
Capital consumption allowances with
capital consumption adjustment.
21.0
21.3
21.7
22.1
Net domestic product
Indirect business tax and nontax liability plus business transfer payments less subsidies.
Domestic
income
40
206.2
25.4
209.2
25.8
207.9
25.9
209.3
26.1
203.3
25.9
190.7
26.7
180.7
183.4
182.0
183.3
177.4
164.0
37
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
49
Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-74—Continued
1950
I
II
1952
1951
III
I
IV
II
III
IV
I
II
1954
1953
III
I
IV
1955
II
III
IV
I
II
III
IV
I
II
Line
III
IV
Billions of dollars
142.5
152.0
163.9
171.7
177.1
179.7
181.5
185.0
186.3
184.9
187.3
199.3
203.8
206.2
205.4
196.7
197.6
198.0
199.6
206.6
217.1
12.3
12.5
12.9
13.5
14.1
14.6
15.2
15.6
15.6
15.8
16.0
16.4
16.7
17.1
17.5
17.8
17.8
18.0
18.3
18.6
18.7
130.2
13.5
139.6
14.2
151.0
15.6
158.2
14.9
163.1
15.9
165.1
15.1
166.3
15.5
169.4
16.4
170.6
16.6
169.2
17.2
171.2
17.6
182.9
18.3
187.0
18.6
189.1
19.0
187.9
18.9
179.0
18.8
179.7
18.1
180.1
18.0
181.4
17.9
116.8
90.9
85.5
5.4
27.1
125.4
95.8
90.1
5 7
30.7
135.4
101.7
95.5
6.2
34.9
143.3
106.6
100.1
6.5
37.9
147.2
111.6
104.5
7.1
37.0
150.0
114.8
107.4
7.4
36.7
150.8
115.5
108.0
7.5
36.8
153.0
117.0
109.3
7.7
37.5
154.0
120.2
112.4
7.8
35.3
152.0
120.4
112.6
7.8
33.1
153.7
122.7
114.7
8.0
32.5
164.6
129.6
121.4
8.2
36.5
168.5
132.8
124.3
8.4
37.3
170.1
135.2
126.6
8.6
36.4
169.0
135.2
126.5
8.7
35.4
160.2
133.7
124.9
8.8
28.3
161.6
132.2
123.3
9.0
30.6
162.0
131.4
122.5
8.9
31.9
163.5
131.4
122.3
9.1
33.6
31.5
13.6
17.9
7.9
10.0
-.7
-3.7
37.9
16.3
21.6
8.0
13.7
-3.3
-3.9
46.2
19.9
26.3
8.6
17.7
-7.3
-4.0
50.8
21.8
29.0
9.0
20.0
-8.5
-4.4
50.1
26.3
23.8
7.9
16.0
-8.7
-4.5
42.2
22.3
19.9
8.1
11.9
-1.0
-4.5
38.1
20.2
17.9
8.0
9.9
3.5
-4.7
40.7
21.6
19.1
8.1
11.0
1.5
-4.7
38.6
19.9
18.8
7.6
11.1
1.3
-4.6
36.4
18.7
17.7
8.2
9.4
1.2
-4.4
36.2
18.7
17.6
8.2
9.4
.7
-4.4
40.1
20.6
19.6
8.4
11.2
.8
-4.4
42.1
21.6
20.5
8.0
12.5
-.4
-4.4
42.2
21.7
20.5
8.8
11.7
-1.6
-4.2
41.3
21.2
20.1
8.7
11.4
-2.0
-4.0
32.0
16.6
15.4
8.5
6.9
.0
-3.7
34.1
16.4
17.8
8.9
8.9
.0
-3.6
35.2
16.9
18.3
8.2
10.1
.0
-3.3
37.4
17.9
19.5
8.6
10.9
—.7
-3.1
•I
i
223.7 228.5 233.9
1
20.1
20.3
2
188.0 198.4
18.3 19.0
204.7 208.3 213.6
19.8 20.2 20.6
3
4
169.7
134.6
125.3
9.3
36.7
179.4
139.0
129.2
9.8
42.0
185.0 188.1 193.0
143.3 146.7 150.5
133.1 136.2 139.7
10.2 10.5 10.7
43.3 43.1 44.2
5
6
7
8
9
40.1
19.3
20.8
8.7
12.1
-.5
-2.8
45.4
21.4
24.1
9.3
14.8
-1.1
-2.3
46.2 47.3 49.1
21.7 22.2 23.1
24.5 25.1 26.0
9.4 10.0 10.1
15.1 15.1 15.9
- . 9 -2.2 -2.8
-2.0 -2.0 -2.1
10
11
12
13
14
15
16
19.0
«?
1 0
1
A
1 e
1 c
1
K
1 r
1 e
1
A
i ft
1 0
i
^
1 d
I
C
1 7
i f
1 7
1 7
17
5.3
5.6
5.8
6.0
5.8
6.1
6.2
6.8
6.7
6.8
7.0
7.5
7.6
8.0
8.2
8.0
8.7
8.6
8.5
8.5
8.8
8.9
9.0
9.2
18
137.2
146.4
158.1
165.7
171.3
173.7
175.3
178.2
179.6
178.1
180.2
191.8
196.1
198.2
197.2
188.7
188.9
189.5
191.1
198.1
208.3
214.8 219.4 224.7
19
12.1
12.3
12.7
13.3
13.8
14.4
14.9
15.3
15.4
15.5
15.8
16.1
16.4
16.8
17.1
17.5
17.5
17.6
17.9
18.3
18.4
125.1
13.0
134.2
13.7
145.4
15.1
152.4
14.4
157.5
15.5
159.3
14.7
160.3
15.0
162.9
15.6
164.2
16.1
162.6
16.7
164.5
17.0
175.7
17.5
179.7
18.0
181.4
18.4
180.0
18.3
171.2
18.1
171.4
17.5
171.8
17.4
173.2
17.2
179.8
17.6
112.1
87.1
81.9
120.5
91.9
86.4
130.3
97.6
91.7
138.0
102.4
96.1
142.0
107.3
100.5
144.6
110.3
103.3
145.4
111.0
103.8
147.3
112.4
105.0
148.1
115.4
107.9
145.9
115.5
108.0
147.5
117.7
110.1
158.1
124.5
116.6
161.7
127.5
119.4
163.0
129.8
121.5
161.7
129.7
121.3
153.1
128.0
119.6
153.9
126.5
118.0
154.4
125.6
117.1
156.0
125.3
116.7
162.2
128.4
119.6
C Q
A Q
ft A
& ft
O A.
Q 7
m ft
24.1
27.7
31.8
34.8
33.7
33.2
33.3
33.8
31.6
29.3
28.6
32.4
33.0
32.0
30.8
23.7
26.0
27.3
29.0
32.1
37.3
38.6
38.2
28.4
12.6
15.8
7.4
8.3
-.7
-3.6
.9
34.8
15.3
19.6
7.5
12.0
-3.3
-3.8
.9
43.0
18.9
24.2
8.2
16.0
-7.3
-3.9
.9
47.6
20.8
26.8
8.6
18.2
-8.5
-4.3
.9
46.8
25.1
21.7
38.7
21.0
17.7
34.4
18.8
15.6
36.9
20.2
16.7
34.8
18.3
16.5
32.4
17.1
15.3
32.2
17.0
15.2
14.2
-8.7
-4.4
1.0
9.9
-1.0
-4.5
1.0
7.9
3.5
-4.6
1.1
8.9
1.5
-4.6
1.1
9.1
1.3
-4.5
1.2
7.4
1.2
-4.3
1.2
7.4
.7
-4.4
1.2
36.0
18.9
17.0
8.0
9.1
.8
-4.4
1.3
37.8
19.9
17.9
7.6
10.3
—.4
-4.4
1.2
37.8
20.0
17.8
8.3
9.5
-1.6
-4.1
1.2
36.7
19.4
17.3
8.2
9.1
-2.0
-3.9
1.3
27.3
14.7
12.6
8.0
4.6
.0
-3.6
1.4
29.5
14.4
15.1
8.5
6.6
.0
-3.5
1.4
30.6
14.9
15.7
7.8
7.8
.0
-3.2
1.5
32.8
16.0
16.8
8.2
8.7
-.7
-3.1
1.6
35.4
17.3
18.1
8.3
9.9
-.5
-2.8
1.8
1 ^
c n
1
*>
A
1
i
A
A
1
A
1
ft A.
i
19.9
20
190.0
18.4
196.2 199.7 204.7
19.1 19.5 19.9
21
22
171.6
132.7
123.4
177.1 180.1 184.9
137.0 140.3 143.9
127.3 130.2 133.6
23
24
25
18.6
19.8
1ft 9
Oft
39.4
27
40.7
19.6
21.1
8.9
12.2
-1.1
-2.3
1.6
41.4 42.5 44.2
19.9 20.4 21.3
21.5 22.0 22.9
9.0
9.6
9.7
12.5 12.4 13.2
- . 9 -2.2 -2.8
-2.0 -2.0 -2.1
1.6
1.6
1.6
28
29
30
31
32
33
34
35
314.6 318.4 322.8
36
Billions of 1972 dollars
227.0
241.6
255.7
264.7
267.3
269.8
271.1
273.0
273.4
269.9
271.8
285.9
292.9
296.5
294.8
283.8
280.7
279.6
282.6
290.8
305.1
23.4
23.6
24.0
24.4
24.7
25.0
25.4
25.7
25.9
26.2
26.6
27.0
27.3
27.6
28.1
28.5
28.7
28.9
29.3
29.7
29.9
203.6
27.3
218.0
28.0
231.7
29.3
240.3
29.0
242.7
29.4
244.9
29.0
245.8
29.3
247.2
29.6
247.5
29.7
243.7
30.1
245.2
30.4
258.9
31.2
265.6
31.6
268.8
31.9
266.8
32.0
255.4
32.0
252.1
31.9
250.7
32.1
253.3
32.5
261.1
33.0
176.3
190.0
202.4
211.3
213.2
215.8
216.4
217.6
217.8
213.6
214.8
227.7
234.0
237.0
234.8
223.4
220.1
218.6
220.8
228.1
31.0
37
27.52
33.5
284.5 287.5 291.7
34.0 34.5 35.0
38
39
241.8
250.5 253.0 256.7
40
30.2
30.9
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
50
Table 1.15.—Gross Domestic Product of Corporate Business: Annually, 1946-74, and
1956
Line
II
1957
III
IV
II
19*58
III
IV
II
1959
III
IV
II
III
IV
280.9
Billions of dollars
Gross domestic product of corporate
business.
Capital consumption allowances with
capital consumption adjustment.
Net domestic product
Indirect business tax and nontax liability plus business transfer payments less subsidies.
Domestic income
Compensation of employees
Wages and salaries
Supplements to wages and salaries.
Corporate profits with inventory
valuation and capital consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment...
Capital consumption adjustmentNet interest
Gross domestic product of financial
corporate business.*
Gross domestic product of nonfinancial corporate business.
Capital consumption allowances with
capital consumption adjustment.
Net domestic product
Indirect business tax and nontax liability plus business transfer payments kss subsidies.
Domestic income
Compensation of employees
Wages and salaries
Supplements to wages and salaries.
Corporate profits with inventory
valuation and capital consumption
adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment...
Net interest
236.2
239.4
240.9
247.2
252.8
253.0
254.3
249.4
240.6
240.1
248.8
260.2
271.2
282.8
278.5
20.9
21.5
22.3
23.0
23.5
23.9
24.5
24.9
25.0
25.2
25.5
25.9
26.1
26.3
26.7
27.0
215.3
20.9
217.9
21.2
218.6
21.8
224.1
22.6
229.3
22.9
229.1
23.2
229.9
23.5
224.5
23.3
215.5
23.2
214.9
23.5
223.3
23.8
234.3
24.5
245.1
25.3
256.4
26.0
251.8
•27.3
253.8
28.0
194.4
154.4
143.1
11.3
41.8
196.7
157.2
145.6
11.6
41.5
196.8
158.7
146.8
11.9
40.1
201.5
163.2
151.1
12.2
40.5
206.4
166.0
153.3
12.7
42.1
205.9
166.8
153.8
13.0
40.9
206.4
167.9
154.7
13.2
40.4
201.2
166.2
152.9
13.3
37.0
192.4
162.4
149.4
13.0
31.4
191.4
160.5
147.6
13.0
32.4
199.5
164.5
151.3
13.2
36.5
209.8
169.2
155.7
13.6
42.2
219.8
176.2
161.5
14.7
45.6
230.5
181.8
166.6
15.2
50.6
224.6
181.5
166.1
15.4
45.0
225.8
183.1
167.6
15.6
44.5
46.9
22.0
24.8
10.3
14.5
-2.9
-2.2
-1.8
47.8
22.4
25.3
10.3
15.0
-3.6
-2.7
-2.0
44.7
21.1
23.6
10.4
13.3
-1.2
-3.4
-2.1
47.3
22.2
25.1
10.8
14.3
-3.0
-3.8
-2.2
48.1
22.8
25.4
10.9
14.5
-2.4
-3.6
-1.7
in
A
IV. V
45.8
21.8
24.0
11.0
13.0
-1.5
-3.4
-1.8
41.1
19.5
21.5
10.9
10.6
-.9
-3.1
-2.1
10.3
34.7
16.8
18.0
10.8
7.2
-.2
-3.2
-1.4
11 0
XI. V
35.5
17.2
18.3
10.8
7.6
.3
-3.5
-1.5
11 1
40.2
19.4
20.8
10.6
10.2
-.2
-3.4
-1.5
11
1 1 . ft
O
54.6
25.8
28.8
11.3
17.5
-1.2
-2.8
-1.9
12.3
48.2
23.0
25.2
11.5
13.7
-.2
-3.0
-1.8
11
2
11. *
46.5
22.2
24.2
10.3
14.0
-.9
-3.4
-1.6
11 6
49.8
23.4
26.4
11.0
15.4
-.9
-3.2
-2.1
fA |
1U. 1
44.9
21.4
23.5
11.1
12.4
-1.3
-3.3
-1.9
10 3
i« |
lu. 1
46.7
22.4
24.3
11.6
12.7
.5
-2.7
-1.8
13.4
226.7
229.8
231.4
237.8
242.8
242.9
244.0
239.0
229.6
229.0
237.6
248.6
259.6
270.5
265.4
267.5
20.5
21.1
21.9
22.6
23.0
23.5
24.0
24.4
24.6
24.8
25.1
25.4
25.6
25.8
26.2
26.5
206.2
20.1
208.7
20.4
209.5
21.0
215.2
21.8
219.7
22.1
219.4
22.4
220.1
22.6
214.6
22.4
205.0
22.3
204.3
22.5
212.6
22.8
223.2
23.5
234.0
24.2
244.6
24.7
239.2
25.9
241.0
26.6
186.1
147.6
136.9
10.8
36.9
188.3
150.2
139.2
11.0
36.4
188.5
151.6
140.3
11.3
35.1
193.4
156.0
144.3
11.6
35.6
197.7
158.6
146.4
12.1
37.1
197.1
159.2
146.8
12.4
35.8
197.4
160.2
147.6
12.6
35.0
192.3
158.3
145.6
12.7
31.5
182.7
154.3
142.0
12.3
25.9
181.7
152.3
140.1
12.2
26.8
189.8
156.1
143.7
12.5
30.9
199.7
160.6
147.8
12.8
36.2
209.8
167.5
153.6
13.9
39.4
219.9
172.8
158.4
14.3
44.1
213.3
172.3
157.8
14.5
37.9
214.4
173.8
159.2
14.7
37.3
41.9
20.1
21.8
9.9
11.9
-2.9
-2.1
1.6
42.7
20.5
22.2
10.0
12.2
-3.6
-2.7
1.7
39.7
19.1
20.6
10.0
10.6
-1.2
-3.3
1.8
42.4
20.3
22.1
10.4
11.7
-3.0
-3.8
1.9
43.1
20.6
22.6
10.4
12.1
-2.4
-3.6
2.0
40.7
19.6
21.2
10.5
10.6
-1.5
-3.4
2.1
39.5
19.0
20.5
10.6
9.9
-1.3
-3.2
2.2
35.6
17.1
18.5
10.4
8.0
-.9
-3.1
2.4
29.3
14.1
15.2
10.3
4.8
-.2
-3.2
2.5
29.9
14.4
15.5
10.4
5.1
.3
-3.5
2.6
34.6
16.6
18.0
10.2
7.8
-.2
-3.4
2.8
40.5
19.3
21.2
9.9
11.3
-.9
-3.4
2.9
43.5
20.8
22.7
10.5
12.2
-.9
-3.2
2.9
48.0
23.1
25.0
10.8
14.1
-1.2
-2.8
3.1
41.1
19.9
21.2
10.9
10.3
-.2
-3.0
3.2
39.5
19.2
20.4
11.0
9.4
.5
-2.7
3.3
Billions of 1972 dollars
Gross domestic product of nonfinancial corporate business.
322.6
323.9
321.8
327.0
330.8
331.0
329.4
321.6
307.4
304.4
313.8
327.1
340.4
353.7
346.5
348.8
Capital consumption allowances with
capital consumption adjustment.
31.3
31.7
32.1
32.6
32.8
33.1
33.5
33.9
34.0
34.3
34.5
34.8
34.9
35.1
35.4
35.7
Net domestic product
Indirect business tax and nontax liability plus business transfer payments
less subsidies.
Domestic income
40
291.3
35.2
292.2
35.5
289.7
35.8
294.5
36.3
297.9
36.6
297.9
36.7
295.9
37.1
287.8
37.3
273.3
37.1
270.1
37.4
279.3
37.9
292.3
38.2
305.4
39.3
318.6
39.9
311.1
40.5
313.1
41.1
256.1
256.7
253.9
258.2
261.4
261.2
258.9
250.5
236.3
232.8
241.4
254.0
266.2
278.7
270.6
272.0
37
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
51
Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-74—Continued
1962
1961
I960
1963
1964
1965
Line
III
rv
I
II
III
IV
I
343.6
349.7
355.2
364.3
370.7
378.4
381.5
397.5
29.9
30.2
30.5
31.0
31.1
31.4
31.9
32.5
32.8
301.7
35.9
306.7
36.7
313.5
37.5
319.2
38.4
324.2
39.1
333.1
39.7
339.3
40.4
346.4
41.6
349.0
42.3
262.9
212.4
192.5
19.9
52.2
265.8
213.9
193.7
20.2
53.8
270.1
217.8
196.9
20.9
53.9
276.0
220.9
199.8
21.1
56.6
280.7
224.0
202.5
21.5
58.2
285.1
227.6
205.6
22.0
59.2
293.4
232.2
209.9
22.3
63.0
298.8
237.0
214.2
22.8
63.8
304.8
241.7
218.3
23.4
65.2
50.0
23.6
26.5
13.3
13.1
.3
1.1
-1.6
15.0
51.6
24.3
27.3
13.5
13.8
-.6
1.2
-1.8
15.0
51.7
24.2
27.4
13.3
14.1
.8
1.3
-1.9
14.5
51.4
24.4
27.0
14.0
12.9
1.0
1.5
-1.7
15.2
54.9
26.2
28.8
14.4
14.3
-.5
2.2
-1.5
15.3
56.4
26.8
29.5
14.6
14.9
2.1
-1.5
15.5
57.6
27.5
30.2
14.9
15.2
-.8
2.4
-1.6
15.5
60.8
27.7
33.1
15.3
17.8
-.6
2.8
-1.8
15.8
61.0
27.8
33.3
15.9
17.4
.0
2.8
-2.0
15.8
305.0
309.1
312.8
316.9
321.4
328.3
334.2
339.7
348.5
28.3
28.4
28.5
28.8
29.1
29.3
29.5
29.9
30.3
259.0
30.4
268.2
31.4
276.6
32.2
280.6
32.6
284.0
33.6
287.8
33.8
292.1
34.5
298.8
35.2
304.3
36.1
223.7
183.2
167.0
16.2
36.7
228.6
186.3
169.8
16.5
38.3
236.8
190.3
173.4
16.9
42.3
244.4
195.8
177.7
18.1
44.3
248.0
199.6
181.2
18.5
43.9
250.5
201.2
182.4
18.8
44.6
254.0
202.7
183.7
19.0
46.6
257.6
206.3
186.6
19.7
46.8
263.6
209.2
189.4
19.9
49.6
37.6
18.6
19.0
11.6
7.4
.8
-1.7
3.8
40.4
20.1
20.3
11.7
8.6
44.5
22.2
22.3
12.1
10.2
-.4
-1.9
4.2
43.4
20.5
22.9
12.3
10.6
.1
.8
4.3
42.7
20.2
22.5
12.8
9.7
.3
1.0
4.4
44.1
20.9
23.2
13.0
10.3
-.6
1.1
4.6
44.6
21.0
23.6
12.9
10.8
.8
1.2
4.8
44.4
20.9
23.5
13.6
9.9
1.0
1.4
4.5
I
II
III
IV
I
II
III
IV
I
II
III
294.7
293.2
289.4
286.7
288.0
295.3
301.1
310.6
319.8
324.2
327.8
27.2
27.4
27.7
27.9
28.0
28.2
28.5
28.8
28.9
29.1
29.4
29.7
267.5
29.1
265.8
29.5
261.8
30.2
258.7
30.6
260.0
30.9
267.1
31.3
272.6
32.2
281.8
33.3
290.9
34.1
295.1
34.6
298.5
35.6
238.4
191.0
174.3
16.8
49.1
236.3
193.2
176.3
16.8
45.0
231.6
189.8
173.0
16.8
43.8
228.1
189.4
172.5
16.8
40.8
229.1
190.8
173.8
17.0
39.8
235.8
193.7
176.5
17.2
43.7
240.4
196.8
179.3
17.5
45.3
248.5
201.0
183.1
17.9
49f4
256.7
206.8
187.5
19.2
51.6
260.5
210.7
191.1
19.6
51.4
51.9
25.4
26.4
11.9
14.5
-.4
-2.4
-1.8
13*8
47.2
23.0
24.2
11.9
12.2
.1
-2.3
-1.9
13.8
45.0
21.8
23.2
12.3
10.9
.9
-2.2
-2.0
13.7
42.5
20.6
21.9
12.1
9.8
.6
-2.3
-2.1
13.5
41.4
20.2
21.2
12.0
9.2
.3
-1.9
-1.5
14.4
44.6
21.9
22.7
12.1
10.5
.8
-1.6
-1.7
14.4
47.4
51.6
23.4
25.6
23.9
26.0
12.3
12.7
11.7
13.3
— 3 -.4
-l'.8 - 1 . 8
-1.7 -1.9
14.2
14.2
50,5
23.8
26.7
13.0
13.8
.1
.9
-1.6
14.9
280.8
279.3
275.7
273.2
273.6
281.0
286.9
296.4
26.6
26.8
27.1
27.4
27.4
27.7
28.0
254.2
27.6
252.5
28.0
248.6
28.6
245.8
29.0
246.2
29.3
253.3
29.6
226.6
181.5
165.7
15.8
41.8
224.6
183.5
167.6
15.9
37.7
220.0
179.9
164.0
15.9
36.6
216.8
179.4
163.5
15.9
33.8
216.9
180.7
164.6
16.1
32.6
44.5
21.9
22.7
11.3
11.3
-.4
-2.4
3.3
39.9
19.4
20.5
11.4
9.0
.1
-2.3
3.4
37.9
18.3
19.6
11.8
7.8
.9
-2.2
3.5
35.5
17.2
18.3
11.5
6.7
.6
-2.3
3.7
34.3
16.8
17.4
11.4
6.0
.3
-1.9
3.7
IV
I
II
II
III
IV
Billions of dollars
-L8
4.0
331.4 336.6
404.2 412.5 425.0
1
34.8
2
364.7
43.5
371.0 378.6 390.2
43.5 43.8 44.8
3
4
306.7
245.3
221.5
23.9
63.4
321.3
252.5
228.0
24.5
70.4
327.5 334.8 345.4
256.6 261.3 268.4
231.6 235.7 242.1
25.1 25.7 26.3
72.3 74.7 77.9
5
6
7
8
9
62.7
28.5
34.2
16.2
18.0
-.5
3.0
-2.0
16.2
61.7
27.9
33.8
16.6
17.2
-1.2
2.8
-2.0
16.5
68.3
29.4
38.9
16.6
22.3
-1.3
3.4
-1.7
16.6
70.7 72.1 76.7
30.3 30.9 32.9
40.4 41.2 43.8
17.3 17.9 18.7
23.1 23.3 25.1
-2.2 -1.5 -2.5
3.9
4.1
3.6
-1.4 -1.2 - . 9
17.1 17.8 19.1
10
11
12
13
14
15
16
17
18
354.9
362.2
365.0
380.9
387.1 394.7 405.9
19
30.5
30.7
31.2
31.7
32.0
33.1
33.9
20
309.4
36.6
318.0
37.1
324.1
37.8
331.0
38.9
333.3
39.6
348.9
40.7
354.7 361.6 372.0
40.7 41.0 41.9
21
22
268.3
212.0
191.9
20.2
51.3
272.8
215.3
194.7
20.6
52.4
280.9
219.8
198.9
20.9
56.0
286.3
224.4
202.9
121.4
56.7
292.1
228.8
206.9
21.9
58.0
293.7
232.2
209.7
22.4
56.1
308.2
239.2
216.2
23.0
63.4
314.0 320.6 330.1
243.1 247.6 254.3
219.6 223.5 229.6
23.5 24.1 24.7
64.9 66.9 69.3
23
24
25
26
27
48.1
22.7
25.4
14.0
11.4
-.5
2.0
4.7
49.7
23.4
26.2
14.2
12.1
-.3
2.0
4.9
51.0
24.1
26.9
14.5
12.4
-.8
2.2
5.0
54.0
23.8
30.2
14.7
15.5
-.6
2.6
5.2
54.2
23.8
30.4
15.2
15.2
.0
2.5
5.2
55.7
24.5
31.3
15.5
15.8
-.5
2.7
5.3
54.7
23.8
30.9
15.9
15.0
-1.2
2.6
5.4
61.4
26.0
35.4
16.0
19.3
-1.3
3.2
5.6
63.4 64.5 68.3
26.7 27.2 28.8
36.6 37.4 39.5
16.8 17.6 18.5
19.9 19.8 21.0
-2.2 -1.5 -2.5
3.7
3.4
3.9
6.0
6.5
6.1
28
29
30
31
32
33
34
35
488.9 496.9 511.3
36
44.4
37
q
— . «J
33.2
32.4
33.9
Billions of 1972 dollars
364.5
361.7
356.2
353.1
353.6
361.7
369.0
382.6
392.0
397.4
402.3
407.2
412.9
422.9
430.5
435.5
445.5
452.4
459.6
463.4
481.4
36.0
36.2
36.6
36.9
37.0
37.3
37.7
38.1
38.2
38.4
38.8
39.2
39.5
39.8
40.2
40.7
40.9
41.2
41.7
42.2
42.5
328.6
41.1
325.4
41.7
319.6
41.9
316.2
42.3
316.7
42.5
324.4
43.1
331.3
43.6
344.5
44.6
353.8
45.5
358.9
46.2
363.5
46.9
358.0
47.9
373.4
48.3
383.1
48..8
390.2
49.4
394.8
49.8
404.5
50.5
411.2
50.8
417.9
51.9
421.2
52.4
438.9
53.1
446.0 453.2 466.9
53.9 54.5 55.7
38
39
287.5
283.8
277.7
273.9 274.2
281.3
287.6
299.9
308.3
312.8
316.5
320.1
325.1
334.3
340.9
345.0
354.0
360.4
366.0
368.8
385.8
392.1 398.7 411.2
40
42.9
43.6
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
52
Table 1.15.—Gross Domestic Product of Corporate Business: Annually, 1946-74, and
1966
Line
II
1967
IV
III
II
1968
IV
III
III
IV
Billions of dollars
Gross domestic product of corporate
business.
438.1
448.8
454.9
462.2
465.6
469.0
478.0
488.1
503.8
518.5
530.5
541.9
Capital consumption allowances with
capital consumption adjustment.
35.4
36.1
37.1
38.3
38.9
39.7
40.9
42.2
42.8
43.6
44.9
46.4
Net domestic product
Indirect business tax and nontax liability plus business transfer payments less subsidies.
Domestic income
Compensation of employees
Wages and salaries
Supplements to wages and salaries.
Corporate profits with inventory
valuation and capital consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment- . .
Capital consumption adjustment-.
Net interest
402.8
44.6
412.7
45.8
417.7
46.5
423.9
47.2
426.6
47.5
429.3
48.3
437.1
49.7
445.9
50.9
461.1
52.6
474.9
54.4
485.6
56.4
495.5
57.7
358.2
278.1
249.0
29.1
80.5
367.0
286.4
256.7
29.7
80.6
371.3
292.0
261.8
30.2
78.9
376.7
296.7
265.9
30.8
79.2
379.1
302.1
270.9
31.3
76.1
381.0
304.7
273.1
31.6
75.5
387.4
310.8
278.6
32.3
75.4
395.0
315,5
282.5
33.1
78.0
408.4
327.2
292.6
34.7
79.9
420.5
335.8
299.8
36.0
83.6
429.2
344.2
307.2
37.0
83.6
437.8
352.7
314.7
38.0
83.1
79.0
34.1
44.9
18.8
26.1
-2.5
4.0
-.4
78.9
34.1
44.8
18.3
26.5
-2.4
4.1
.0
78.0
33.6
44.4
18.0
26.3
-2.9
3.8
.4
76.1
32.9
43.2
17.4
25.8
-.6
3.7
.8
72.9
32.1
40.8
18.4
22.4
-.5
3.7
.9
72.9
31.8
41.1
19.1
22.0
-1.2
3.8
.9
73.6
32.0
41.6
19.1
22.5
-2.0
3.8
1.2
77.8
34.0
43.8
18.1
25.7
-3.2
3.4
1.5
81.2
38.7
42.6
20.0
22.6
-5.1
3.8
1.2
82.4
39.3
43.1
20.2
22.9
-2.9
4.1
1.2
82.1
39.3
42.8
21.0
21.8
-2.0
3.6
1.4
83.6
40.3
43.3
21.1
22.3
-3.7
3.2
1.9
Gross domestic product
of financial
corporate business. 1
20.1
20.0
20.5
20.7
21.1
21.9
22.6
23.3
24.1
24.9
25.8
26.2
19
Gross domestic product of nonfinancial corporate business.
418.0
428.8
434.3
441.5
444.4
447.1
455.4
464.8
479.7
493.6
504.7
515.7
20
Capital consumption allowances with
capital consumption adjustment.
34.5
35.1
36.1
37.2
37.9
38.6
39.7
40.9
41.5
42.2
43.5
44.9
Net domestic product
Indirect business tax and nontax liability plus business transfer payments less subsidies.
Domestic income
Compensation of employees
Wages and salaries
Supplements to wages and salariesCorporate profits with inventory
valuation and capital consumption adjustments.
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment...
Capital consumption adjustment...
Net interest
383.5
41.6
393.6
42.7
398.2
43.3
404.3
44.0
406.6
44.2
408.5
45.0
415.7
46.3
423.8
47.5
438.2
49.1
451.3
50.8
461.2
52.6
470.8
53.8
341.9
263.7
236.3
27.4
71.6
351.0
271.7
243.7
28.0
72.2
354.9
277.1
248.6
28.4
70.2
360.4
281.6
252.6
29.0
70.7
362.3
286.6
257.2
29.4
67.4
363.5
288.5
258.9
29.6
66.5
369.4
294.1
263.9
30.2
66.4
376.3
298.4
267.4
31.0
68.6
389.1
309.8
277.2
32.6
69.8
400.6
317.7
284.0
33.7
73.1
408.6
325.4
290.7
34.7
73.0
417.0
333.5
297.8
35.7
72.5
70.2
30.0
40.3
18.6
21.7
-2.5
3.8
6.7
70.6
30.0
40.6
18.2
22.4
-2.4
4.0
7.1
69.5
29.4
40.1
18.1
22.0
-2.9
3.7
7.6
67.7
28.6
39.1
17.6
21.5
-.6
3.6
8.1
64.3
27.5
36.9
18.6
18.3
-.5
3.6
8.3
64.0
27.0
37.0
19.3
17.7
-1.2
3.7
8.5
64.6
27.3
37.4
19.3
18.1
-2.0
3.8
8.9
68.5
29.0
39.5
18.4
21.1
-3.2
3.4
9.3
71.2
33.1
38.0
20.2
17.8
-5.1
3.8
9.4
72.0
33.6
38.4
20.4
18.0
-2.9
4.0
9.7
71.5
33.4
38.1
21.1
16.9
-2.0
3.6
10.2
73.0
34.4
38.7
21.2
17.5
-3.7
3.2
10.9
Billions of 1972 dollars
36
39
40
Gross domestic product of nonfinancial corporate business.
523.3
531.4
536.8
540.1
539.4
541.5
547.6
554.3
566.5
577.9
587.7
594.1
Capital consumption allowances with
capital consumption adjustment.
44.9
45.5
46.3
47.2
47.7
48.3
49.2
50.0
50.5
51.0
51.9
52.8
Net domestic product
Indirect business tax and nontax liability plus business transfer payments
less subsidies.
Domestic income
478.4
56.7
486.0
57.4
490.4
58.0
492.8
58.3
491.6
58.4
493.2
58.8
498.5
59.1
504.3
59.6
516.0
60.4
526.9
61.0
535.8
62.3
541.3
63.0
421.7
428.6
432.5
434.5
433.2
434.4
439.4
444.7
455.6
465.9
473.5
478.3
Table 1.16.—Auto Output: Annually, 1947-74, and Seasonally Adjusted
[Billions o
Line
1947
Auto output
Final sales
Personal consumption expenditures
New autos
Net purchases of used autos
Producers' durable equipment
New autos
Net purchases of used autos
Net exports
Exports
Imports
Government purchases of goods and
services.
Change in business inventories of new
and used autos
New
Used
."."."____"":
Addenda:
Domestic output of new autos i
Sales of imported new autos *
1948
1949
1950
1952
1953
1954
1955
1956
1957
7.3
8.9
12.0
15.5
13.4
12.2
16.3
14.9
21.5
17.2
19.6
7.1
4.8
4.0
.8
1.8
1.9
-.1
.4
.4
.0
.1
8.6
6.2
5.0
1.2
2.0
2.3
-.3
.3
.4
.0
.1
11.9
9.0
7.7
1.3
2.5
3.0
-.5
.3
.3
.0
.1
15.3
11.7
10.3
1.4
3.2
38
-.6
.3
.3
.0
.1
13.3
10.1
8.6
1.5
2.6
3.4
-.8
.5
.5
.0
.1
12.0
9.3
8.0
1.3
2.2
3.1
-.9
.4
.4
.0
.2
15.8
12.0
11.1
.9
3.2
4.1
-.9
.4
.5
.0
.2
15.2
11.3
10.8
.5
3.3
4.1
-.8
.4
.5
.0
.2
20.4
15.7
13.8
1.9
4.0
4.8
-.8
.5
.6
.1
.2
17.4
13.5
11.6
2.0
3.2
4.0
-.8
.5
.6
.1
.2
18.7
14.7
12.6
2.1
3.6
4.5
-.9
.2
.5
.3
.2
.1
.3
.1
.2
.1
.1
.5
-.3
1.0
-.2
.0
.2
-.1
.2
.4
.1
-.3
.0
.1
-.3
.1
.2
12.4
.0
11.4
.1
16.1
.1
15.1
.1
20.1
.1
15.7
.2
17.9
.4
.1
.0
.2
.1
.1
.1
.1
.1
6.5
.0
7.8
.0
11.1
.0
14.6
.0
•Revised estimates for 1973 and 1974 \ull be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT
BUSINESS.
1951
1. Consists of final sales and change in business inventories of new autos produced in
the United States.
,
2. Consists of personal consumption expenditures, producers' durable equipment, and
government purchases.
53
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-74—Continued
1969
I
II
1970
III
I
IV
II
1971
III
IV
I
II
1972
IV
III
I
1974 *
1973*
II
III
IV
I
II
III
IV
I
II
Line
III
IV
Billions of dollars
851.4 868.2 869.2
1
87.2
2
784.8 782.1
94.7 94.5
3
4
678.9 690.1 687.6
577.1 592.5 596.8
497.8 510.7 513.3
79.3 81.8 83.5
85.5 79.2 71.0
5
6
7
8
9
99.8 108.7 111.4 109.3 111.4 113.9 120.9 136.7 112.9
52.6 59.3 49.2
47.8
48.6
49.4
48.8
47.8
45.4
68.3 77.4 63.7
60.9
62.8
64.5
62.6
61.5
54.4
33.0 33.3 30.6
23.2
26.1
26.7
24.1
25.3
21.9
35.3 44.1 33.0
37.8
36.7
37.7
38.5
36.2
32.5
- 9 . 6 - 1 5 . 8 -20.6 -17.9 -19.5 - 2 8 . 0 - 3 3 . 7 -54.7 -37.7
2.5
.7
- . 7 -1.7 -2.7 -4.2
2.2
1.0
2.7
16.3 18.3 19.8
7.5
11.8
14.0
8.1
9.7
7.2
10
11
12
13
14
15
16
17
556.4
568.8
576.6
578.5
583.8
590.1
599.3
596.6
621.1
632.7
643.0
653.8
683.8
701.1
713.0
737.8
768.5
783.6
799.8
821.0
829.7
47.3
48.4
50.1
51.9
52.9
54.2
55.9
57.6
58.6
59.8
61.3
62.8
62.9
65.8
65.4
67.3
68.6
70.7
72.5
75.6
77.5
80.1
509.0
58.8
520.4
60.7
526.4
62.5
526.6
63.5
530.9
64.4
535.9
65.8
543.4
67.2
539.0
68.3
562.5
71.3
573.0
72.1
581.6
74.4
590.9
76.1
620.9
76.6
635.3
78.0
647.6
79.9
670.5
82.4
699.9
84.9
712.9
86.5
727.3
87.7
745.4
88.5
752.2
89.6
771.3
92.4
450.3
365.1
325.2
39.9
82.4
459.7
375.6
334.8
40.8
80.7
464.0
382.7
340.7
42.0
77.0
463.1
387.6
344.7
42.9
70.8
466.5
396.2
351.9
44.2
64.5
470.1
397.8
352.9
44.9
65.3
476.1
402.4
356.6
45.9
65.6
470.7
400.8
354.4
46.4
61.0
491.2
413.0
364.3
48.8
70.2
500.9
421.1
371.1
50.0
72.4
507.2
426.7
375.7
51.1
73.8
514.9
434.4
382.1
52.3
74.1
544.2
455.3
398.6
56.7
83.0
557.3
465.8
407.3
58.5
85.4
567.6
473.6
413.6
60.0
87.5
588.0
487.8
426.0
61.8
93.0
615.0
512.2
443.7
68.5
95.4
626.3
525.3
455.2
70.0
93.0
639.5
537.5
465.8
71.7
92.4
656.9
552.4
478.3
74.1
92.7
662.6
563.4
486.4
76.9
85.2
83.9
41.4
42.5
20.4
22.2
-5.2
3.8
2.8
81.9
40.6
41.3
20.6
20.7
-5.3
4.1
3.5
77.2
38.5
38.7
20.6
18.1
-3.8
3.6
4.2
75.8
38.2
37.7
21.0
16.6
-7.7
2.7
4.7
68.4
34.6
33.8
20.4
13.4
-5.9
2.0
5.8
68.1
34.6
33.5
20.9
12.6
-4.6
1.9
6.9
69.3
35.4
33.9
20.6
13.2
-5.1
1.4
8.1
64.9
33.3
31.7
20.7
11.0
-4.6
.6
8.9
73.9
37.1
36.8
21.2
15.6
-4.3
.6
8.0
76.1
38.1
38.0
19.9
18.0
-4.3
.7
7.4
79.4
37.7
41.7
20.8
20.9
-5.9
.3
6.7
80.2
37.8
42.4
19.1
23.2
-5.6
-.5
6.3
86.2
39.3
46.9
21.5
25.4
-5.1
1.9
6.0
87.9
40.0
47.9
21.5
26.4
-5.2
2.7
6.0
91.4
41.4
49.9
21.7
28.2
-6.5
2.7
6.5
27.9
28.6
28.4
28.4
29.9
30.4
32.5
34.6
34.4
34.9
35.9
35.5
36.9
38.0
38.1
38.7
40.3
41.0
41.2
42.7
43.6
528.5
540.3
548.2
550.1
553.9
559.7
566.8
562.0
586.7
597.8
607.0
618.3
646.9
663.1
674.9
699.1
728.1
742.6
758.5
778.3
786.2
45.8
46.8
48.4
50.0
51.0
52.2
53.8
55.4
56.4
57.4
58.9
60.3
60.3
63.1
62.6
64.4
65.6
67.7
69.3
72.2
74.1
482.8
54.7
493.5
56.4
499.8
58.1
500.0
59.0
502.9
59.9
507.5
61.3
513.0
62.6
506.6
63.5
530.3
66.2
540.4
66.9
548.2
69.1
558.0
70.6
586.6
71.1
600.0
72.3
612.3
74.2
634.7
76.5
662.5
78.8
675.0
80.3
689.3
81.3
706.2
82.0
428.0 437.0 441.7
345.3 355.0 362.2
307.9 316.7 322.8
37.4 38.3 39.4
71.0 69.4
65.9
441.0
367.2
326.8
40.4
59.4
443.0
374.5
333.0
41.5
53.1
446.2
375.9
333.8
42.1
53.6
450.4
380.1
337.1
43.0
52.7
443.1
377.9
334.5
43.4
47.2
464.1
389.5
343.8
45.6
56.8
473.5
396.8
350.1
46.7
58.9
479.1
402.1
354.3
47.8
59.3
487.4
409.4
360.5
48.9
59.8
515.5
429.3
376.2
53.1
68.0
527.6
439.2
384.4
54.8
70.1
538.1
446.5
390.3
56.2
72.5
558.1
460.3
402.3
57.9
77.3
583.8
483.4
419.3
64.1
78.6
594.7
496.0
430.4
65.6
75.3
607.9
507.6
440.5
67.2
75.0
624.2
521.9
452.5
69.4
74.8
72.5
35.1
37.4
20.6
16.8
-5.2
3.7
11.7
64.4
31.6
32.8
20.7
12.1
-7.7
2.7
14.4
56.9
27.9
29.0
20.0
9.0
-5.9
2.1
15.5
56.3
27.7
28.6
20.0
8.6
-4.6
1.9
16.7
56.4
28.0
28.3
19.7
8.6
-5.1
1.4
17.6
51.0
25.5
25.5
19.8
5.7
-4.6
.7
18.1
60.3
29.5
30.9
20.5
10.4
-4.3
.8
17.8
62.3
30.5
31.8
19.6
12.2
-4.3
.9
17.7
64.7
29.8
35.0
20.7
14.3
65.6
29.9
35.7
19.3
16.4
17.7
18.3
71.0
31.3
39.7
21.4
18.2
-5.1
2.1
18.1
72.3
31.9
40.4
21.5
18.9
-5.2
2.9
18.4
70.7
34.3
36.4
20.8
15.6
-5.3
4.1
12.6
66.1
32.2
33.9
20.6
13.3
-3.8
3.6
13.6
44.9
83.4
47.4
18
806.5 820.3 821.8
19
79.7
83.1
20
712.1
83.0
730.0 740.6 738.7
85.6 87.8 87.5
21
22
629.1
531.9
459.9
72.0
68.1
644.4 652.8 651.2
544.8 559.0 562.3
470.6 482.5 484.3
74.2 76.5 78.0
68.6 61.2 54.8
23
24
25
26
27
76.1
33.5
42.6
21.8
20.8
-6.5
2.9
19.2
96.7 103.8 118.4 96.3
93.5
84.0
91.9
93.8
91.9
39.7
42.8 48.9 39.4
39.0
37.2
39.7
39.3
38.5
61.1 69.6 56.9
57.0
54.1
54.5
46.9
52.7
53.4
32.6 32.7 30.4
23.9
26.5
25.6
22.0
23.2
25.2
28.5 36.9 26.5
30.1
30.5
29.0
24.9
29.5
28.2
- 9 . 6 - 1 5 . 8 - 2 0 . 6 -17.9 - 1 9 . 5 - 2 8 . 0 -33.7 -54.7 -37.7
2.1
- . 6 -1.5 -2.5 -3.8
.7
2.9
2.5
1.0
31.0 32.6 34.0
23.4
29.1
27.5
20.6
21.8
25.3
28
29
30
31
32
33
34
35
706.4 696.1 676.3
36
70.9
37
48.0
76.5
Billions of 1972 dollars
602.5
609.5
610.4
606.6
604.2
602.3
605.3
591.1
611.4
615.8
620.7
628.9
651.8
665.2
674.9
691.6
712.5
716.6
720.5
721.2
713.4
53.3
54.0
54.9
55.8
56.3
56.9
57.8
58.6
59.0
59.6
60.3
61.2
61.0
63.5
62.4
63.4
64.3
65.7
66.1
67.3
67.9
549.2
63.9
555.6
64.7
555.5
65.3
550.8 547.8
65.6 65.4
545.4
65.3
547.5
65.8
532.5
66.2
552.3
67.6
556.3
68.6
560.4
69.6
567.7
70.8
590.8
71.7
601.6
73.0
612.5
73.8
628.2
75.7
648.2
77.0
650.8
77.7
654.4
78.6
653.9
78.7
645.5
77.7
637.6 626.3 605.4
77.6 77.5 77.0
38
39
485.3
490.9
490.2
485.2
482.4
480.0
481.7
466.3
484.7
487.7
490.8
496.9
519.1
528.7
538.6
552.5
571.1
573.1
575.8
575.3
567.9
560.0 548.8 528.4
40
68.8
69.8
Quarterly Totals at Annual Rates, 1947-74
dollars]
1958
1959
1960
1961
.1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973*
1974*
Line
14.6
19.6
21.6
18.1
22.9
25.6
26.5
31.8
31.1
28.8
36.6
36.8
30.6
42.2
45.1
50.8
42.9
1
15.0
12.2
9.7
2.5
2.6
3.6
-1.0
.0
.5
.5
.2
19.5
15.9
13.2
2.7
3.7
4.7
-1.0
-.3
.5
.8
.2
20.6
16.6
14.0
2.6
3.8
4.8
-.9
-.1
.5
.5
.3
18.8
14.8
12.1
2.7
3.5
4.6
-1.1
.2
.5
.3
.3
22.7
18.0
15.0
3.0
4.3
5.5
-1.2
.2
.6
.4
.3
25.2
20.5
17.2
3.3
4.0
5.4
-1.3
.2
.7
.5
.4
26.7
21.8
18.3
3.5
4.2
5.5
-1.4
.3
.9
.6
.4
31.0
25.3
21.4
3.9
5.1
6.6
-1.5
.3
.9
.7
.4
30.3
25.1
21.0
4.1
4.8
6.6
-1.8
.0
1.2
1.2
.4
29.5
24.5
20.0
4.5
4.6
6.6
-2.0
.0
1.6
1.6
.4
35.3
29.6
24.6
4.9
5.9
8.1
-2.2
-.6
2.0
2.6
.4
36.6
30.7
25.2
5.4
6.3
8.7
-2.4
-.9
2.2
3.1
.5
31.7
27.8
22.1
5.7
4.9
7.5
-2.6
-1.4
2.0
3.4
.5
40.4
35.0
28.5
6.5
7.0
9.7
-2.7
-2.1
2.5
4.7
.6
45.3
39.4
32.1
7.3
7.6
10.3
-2.8
-2.3
3.0
5.3
.6
49.7
42.4
34.0
8.4
9.0
12.5
-3.4
-2.2
3.8
6.0
.6
42.1
36.4
27.6
8.7
7.8
11.7
-3.9
-2.7
4.6
7.3
.6
2
-.3
.1
1.0
-.7
.1
.4
-.2
.8
.8
-.6
1.3
.2
-1.2
1.8
-.1
1.1
.8
13
-.3
-.1
.0
.1
.9
.0
-.6
-.1
.1
.0
.4
.0
-.1
-.1
.9
-.1
.7
.0
-.5
-.1
1.2
.3
-1.1
-.1
1.7
.1
-.1
.0
1.1
.0
.8
.0
14
15
12.7
.8
17.1
1.3
19.4
1.0
16.2
.8
20.7
.7
23.1
.8
23.8
1.0
28.8
1.3
27.7
1.9
25.2
2.8
31.9
4.1
31.4
5.2
24.7
6.2
35.0
7.1
37.5
8.0
42.9
9.2
35.4
9.0
lfl
17
•0
a4
5
€
7
8
g
10
11
12
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
54
Table 1.16.—Auto Output: Annually, 1947-74, and Seasonally
[Billions of
1947
1948
1949
1950
Line
I
1
2
3
4
5
5
Auto output
--
15
Final sales
Personal consumption expenditures
New autos
Net purchases of used autos
Producers' durable eauiDment
New autos
Net purchases of used autos
Net exports
-.
-Exports
Imports
Government purchases of goods and
services.
Change in business inventories of new
and used autos.
New
Used
16
17
Addenda:
Domestic output of new autos *
Sales of imported new autos *
7
g
9
10
12
13
14
II
III
IV
III
II
I
IV
I
II
III
IV
I
[I
III
IV
6.7
7.2
6.9
8.2
8.7
7.8
9.0
10.1
10.2
12.6
13.7
11.4
13.4
15.2
17.2
16.3
6.6
4.4
3.7
.7
1.7
1.7
-.1
.4
.4
7.2
4.8
4.1
.7
1.9
1.9
-.1
.5
.5
6.8
4.5
3.8
.7
1.7
1.8
-.1
.4
.4
8.0
5.4
4.5
.9
2.0
2.1
-.1
.5
.5
8.6
6.0
4.9
1.1
2.1
2.3
-.2
.4
.4
7.8
5.5
4.5
1.1
1.8
2.0
-.2
.3
.4
8.6
6.3
5.0
1.2
2.0
2.2
-.3
.3
.4
9.4
6.9
5.6
1.4
2.1
2.4
-.3
.3
.4
9.9
7.3
6.1
1.3
2.1
2.5
-.4
.3
.3
12.3
9.3
7.9
1.4
2.6
3.1
-.5
.3
.3
12.6
9.6
8.4
1.2
2.6
3.2
-.5
.3
.3
12.6
9.0
8.5
1.1
2.7
3.2
-.5
.3
.3
16 1
12.3
10 7
1.6
3.3
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
14 2
10.9
97
1.2
3.0
35
-.5
.2
.2
17 2
13.2
11 6
1.6
3.6
4 3
-.7
.3
3
.0
13.6
10.4
93
1.1
2.9
3.4
-.5
.2
.2
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.0
.1
.1
.1
.1
o
o
o
.0
4o
-.7
.4
4
.1
.1
.1
.3
.1
.0
.4
.7
.3
.3
1.0
-1.2
-.2
.9
.0
.1
.0
.1
.2
.0
-.1
.6
.2
1.0
-1.2
—.2
8
.0
.0
.0
.1
.1
.1
.1
.3
—. 1
.1
.3
.1
.1
.1
.0
.1
1
.1
.1
6.0
.0
6.5
.0
6.1
.0
7.3
.0
7.6
.0
6.8
.0
7.9
.0
8.9
.0
9.2
.0
11.5
.0
12.9
.0
10.8
.0
12.7
.0
14.3
.0
16.1
.0
15.1
.0
1957
1958
.0
1959
Line
II
I
1
Final sales
Personal consumption expenditures
New autos
Net ourchases of used autos
Producers' durable eauiDment
7
New autos
Net Durchases of used autos
8
9
Net exports
10
Exports
11
Imports
Government purchases of goods and
12
services.
13 Change in business inventories of new
and used autos.
14
New
15
Used.
16
17
IV
II
I
IV
III
II
I
III
IV
20.4
19.8
21.1
17.1
14.8
13.0
14.3
16.5
20.0
21.1
21.5
15.8
19.5
15.4
13.3
2.0
3.6
4.6
-1.0
.3
19.1
15.0
12.7
2.3
3.6
4.5
-.9
.3
18.1
14.1
12.2
1.9
3.5
4.4
-.9
.2
18.4
14.4
12.1
2.3
3.6
4.5
-.9
.2
15.3
12.3
9.8
2.5
2.6
3.6
-1.0
.1
14.6
12.0
9.3
2.6
2.4
3.4
-1.0
.1
14.4
11.9
9.4
2.5
2.4
3.4
-1.0
-.1
15.5
12.7
10.3
2.4
2.8
3.8
-1.0
-.2
20.1
16.4
13.6
2.8
3.7
4.8
-1.1
-.3
21.1
17.1
14.5
2.6
4.1
5.2
-1.0
.5
.2
.5
.3
.5
.3
.6
.4
.5
.4
18.1
14.8
11.7
3.1
3.4
4.2
-.8
—.4
.5
.4
.6
.2
.2
.2
.2
.2
.5
.6
.9
.8
3.0
-1.3
-.5
.6
.7
-1.3
.3
.1
2.6
.4
.1
-.3
-. 1
18.9
.3
18.1
.4
19.3
.5
15.3
.5
13.0
.6
Auto output
2
3
4
5
6
III
Addenda:
Domestic outDut of new autos
*
Sales of imported new autos 2
.2
.2
18.7
15.3
12.9
2.4
3.4
4.5
-1.1
-.2
.5
.7
.2
-1.7
-.2
1.0
1.3
1.0
.4
-2.3
-1.4
.8
.9
.9
.1
.5
.1
.1
.3
-1.7
-.3
-.2
.0
11.2
.7
12.4
.8
14.4
1.0
17.6
1.2
18.5
1.3
19.0
1.3
13.3
1.3
.4
.2
.5
.4
.8
.8
.2
1967
1966
-.3
.5
.8
.2
.2
-.6
1968
Line
I
1
Auto output
2
3
4
5
6
Final sales
Personal consumption expenditures
New autos
Net purchases of used autos
Producers' durable equipment
7
New autos
g
Net purchases of used autos
9
Net exports
10
Exports
11
Imports
12
Government purchases of goods and
services.
13 Change in business inventories of new
and used autos.
14
New
15
Used
16
17
Addenda:
Dpmestic output of new autos *
Sales of imported new autos *
II
II
IV
III
I
IV
III
II
IV
III
33.5
30.7
29.2
30.9
26.3
29.2
29.7
30.1
35.3
36.9
36.4
37.8
32.5
27.0
22.7
4.2
5.1
29.1
24.0
19.9
4.1
4.6
29.7
24.8
20.9
3.9
4.5
29.9
24.6
20.6
4.0
4.8
27.6
22.9
18.8
4.1
4.3
30.6
25.5
21.2
4.3
4.7
6.8
-2.2
30.2
25.0
20.4
4.7
4.7
29.4
24.6
19.8
4.9
4.7
6.7
-2.0
34.0
28.4
23.8
4.6
5.4
34.3
28.8
24.1
4.8
5.6
36.5
30.5
25.3
5.2
6.3
36.6
30.5
25.3
5.2
6.4
6.9
6.3
6.2
6.9
6.1
—1.7
-1.7
-1.7
-2.1
-1.8
.0
1.1
1.1
.0
1.0
1.0
.1
1.3
1.3
.0
1.4
1.4
.1
1.5
1.4
.1
1.6
1.5
6.9
-2.2
.1
1.6
1.6
-.3
1.6
1.9
7.5
7.7
8.4
8.7
-2.2
-2.1
-2.2
-2.2
-.2
1.9
2.1
-.6
2.0
2.5
-.7
2.0
2.8
-.8
2.1
2.9
.4
.4
.4
.4
.4
.4
.4
.4
.4
.4
.4
.5
.9
1.6
-.5
1.0
-1.3
-1.4
-.5
.7
1.3
2.6
-.1
1.3
1.8
-.6
.6
.2
1.3
31.9
4.3
32.6
4.6
1.0
-.1
-.2
29.9
1.8
27.5
1.7
.0
26.0
2.0
-1.2
—.1
-1.6
-.5
-.1
1.0
—.4
1.0
2.6
.4
27.3
2.3
23.0
2.2
25.8
2.8
26.1
3.0
26.0
3.1
30.6
3.6
32.5
3.8
.1
.3
.0
-.3
.0
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
55
Adjusted Quarterly Totals at Annual Rates, 1947-74—Continued
dollars]
1951
1952
1953
1955
1954
1956
. Line
IV
13.8
12.0
12.2
11.3
11.8
9.6
15.9
16.4
13.5
10.3
8.7
1.6
2.6
3.4
-.8
.5
12.3
9.3
8.0
1.3
2.3
3.1
-.8
.5
11.5
8.8
7.3
1.5
2.1
2.9
-.8
.4
.4
.0
.2
11.9
9.2
7.6
1.6
2.2
3.0
-.9
.4
.4
.0
.2
12.3
9.5
8.1
1.4
2.3
3.2
-.9
.4
.4
.0
.2
9.7
7.5
6.1
1.5
1.7
2.3
-.7
.3
14.1
10.9
10.1
.7
.1
.2
.1
.2
15.9
12.3
11.2
1.0
3.0
4.0
-1.0
.4
.5
.1
.2
—.2
.8
—.6
—.5
—.1
1.8
—.5
3
.6
.1
-.6
—.7
.l
— 2
.9
.9
11.2
.0
11.3
.1
10.4
15.2
.1
15.7
.1
II
15.6
15.9
12.1
10.4
1.7
3.2
4.0
-.8
.5
.5
.0
.1
.0
.1
.0
.1
—.3
.3
—.4
1
.2
1
14.5
.0
12.8
.0
.5
.5
II
I
o
IV
16.7
17.4
14.8
15.9
12.2
11.2
1.0
3.2
4.1
-.9
.4
16.0
12.0
11.4
.6
3.4
4.3
-.9
.5
15.2
11.5
10.6
.9
3.2
4.1
-.9
.4
.5
.5
.3
.3
.3
.3
—.4
—3.0
—.3
.1
.5
-.2
—2
-2.5
-.3
.2
—5
o
.4
.1
17.5
.9
12.6
.8
16.0
.8
19.1
.7
.4
.3
3 4
4
4
2.9
.5
.5
19.6
1.0
.6
.2
.2
11.6
11.5
.1
3.0
3.8
-.8
.4
.5
.4
.5
.1
.2
.1
.2
.1
.2
—.6
.3
—.4
—.5
1.7
1.0
.9
.5
—.3
.6
—1.7
6
13
—g
—.1
—5
-.2
.5
-.5
.1
-.3
—.2
1.3
.4
.8
.2
.5
.4
.9
—.4
-.2
. 4 —1.7
2
.2
4
14
15
15.5
.1
14.1
.1
15.5
.1
14.7
.1
16.2
.1
19.3
.1
20.5
.1
21.4
.1
19.2
.2
16.3
.2
13.3
.2
17.0
,?,
16
17
III
IV
.5
.8
1.4
—.4
.4
.4
.9
.4
.4
16.2
.1
17.1
.1
17.0
.8
i i
.2
.6
.6
.7
.6
o
16.2
.2
1964
1963
1965
24.1
24.5
24.9
25.8
27.0
24.1
19.2
16.4
2.8
4.4
5.7
24.5
19.8
16.7
3.1
4.2
5.6
25.1
20.6
17.4
3.2
3.9
5.2
25.0
20.6
16.9
3.7
3.8
5.1
26.0
21.1
17.9
3.2
4.1
5.6
1 A
.1
.5
.4
.4
.3
.7
.5
.4
.2
.7
.5
.4
.4
.9
.5
.4
1 i
.2
.7
.5
.3
35.1
31.0
35.5
36.7
30.8
25.4
5.4
6.4
8.9
-2.5
-1.1
2.3
3.4
5
36.0
30.5
24.9
5.6
6.1
8.6
-2.5
-1.1
2.2
3.3
5
32.5
28.4
23.0
5.4
5.2
7.8
-2.6
-1.5
1.8
3.4
5
34.2
29.5
23.7
5.9
5.3
8.4
-3.1
-1.2
2.4
3.5
5
31.7
30.9
31.5
1
31.8
25.6
22.1
3.5
5.4
7.0
1 A
1 fi
30.9
25.4
21.3
4.1
4.9
6.5
1 A
i *>
31.0
25.4
21.1
4.3
4.9
6.3
1 A
30.5
24.8
20.9
3.9
5.1
6.6
1 A
1 A
.4
.9
.5
.4
.3
.9
.3
1.0
.2
.9
.6
.3
.4
.9
.7
.4
.3
1.1
.5
.4
.7
.4
.2
.9
2
3
4
5
6
7
8
9
10
11
12
.0
.0
—.2
.8
1.0
.4
.5
—.8
—.9
1.2
1.2
.0
.6
13
-.3
.1
1.3
—.4
.7
.3
.6
—.1
.4
.0
.0
.1
.1
-.9
.1
—.4
—.4
1.0
.3
1.5
—.2
.5
—.6
.6
.0
14
15
19.4
.7
19.7
.7
21.8
21.8
.7
22.2
.8
22.5
23.4
.8
24.5
24.4
.9
24.6
1.0
24.7
1.0
21.5
1.0
30.2
1.1
28.8
1.2
28.0
1.3
28.2
1.6
16
17
.6
.8
.8
.6
.4
.6
.4
.2
.9
IV
I
II
III
IV
41.4
42.3
40.7
44.6
44.3
44.1
47.5
39.9
34.5
28.0
6.6
6.7
9.3
-2.6
-1.9
2.6
4.5
6
40.3
34.9
28.2
6.7
7.3
10.1
-2.8
-2.5
2.7
5.1
6
41.9
36.7
29.9
6.8
7.1
9.7
-2.6
-2.4
2.4
4.8
.6
42.5
37.7
30.3
7.4
6.8
9.5
-2.6
-2.5
2.6
5.2
.6
44.1
38.8
31.6
7.3
7.1
9.9
-2.8
-2.3
2.8
5.2
.6
45.9
39.5
32.3
7.2
7.8
10.5
-2.7
-1.9
3.2
5.1
.5
48.5
41.7
34.3
7.4
8.6
11.5
-2.9
-2.3
3.3
5.6
.5
II
ml
IV
54.1
53.0
48.7
52.6
45.4
37.2
8.2
8.8
12.2
-3.3
-2.2
3.6
5.8
.5
51.8
44.5
36.4
8.2
9.1
12.6
-3.5
-2.4
3.6
6.0
.6
49.9
42.4
34.0
8.4
9.2
12.6
-3.4
-2.4
3.8
6.2
.6
I
.8
.4
197'I*
1973*
1972
III
39.4
33.7
27.9
5.8
7.0
9.8
-2.8
-1.7
2.5
4.2
5
38.8
36.1
30.4
25.1
5.3
6.4
8.8
-2.4
-1.1
2.2
3.3
5
33.0
25.0
20.6
16.9
3.7
3.8
5.0
—.4
.3
44.3
35.1
24.2
28.3
23.0
19.6
3.4
4.5
6.0
1.6
—.3
22.7
38.2
37.5
31.0
25.6
5.4
6.3
8.5
-2.2
-.2
2.2
2.4
5
27.5
II
1.3
26.5
24.0
18.1
5.9
3.8
5.7
-2.0
-1.8
1.5
3.3
5
III
27.2
26.8
21.9
18.5
3.4
4.2
5.6
I
—.9
33.8
29.3
23.7
5.5
5.2
8.1
-2.9
-1.2
2.2
3.4
5
II
27.0
26.6
21.7
18.1
3.6
4.1
5.5
IV
—.9
.0
33.0
I
III
.0
II
IV
II
.0
I
III
1 ^
I
.3
.4
.3
IV
II
IV
II
1971
I
III
I
1 9
.2
.7
.5
.3
.3
.7
.4
1970
1969
.5
2
3
4
5
6
7
8
9
10
11
12
20.6
20.1
15.7
13.3
2.5
3.7
4.5
-.8
.5
.6
.1
.2
.0
5
22.6
17.7
14.4
3.3
4.3
5.6
.1
.5
.4
.3
.4
.3
1
18.1
14.1
12.1
2.0
3.3
4.3
-.9
4
22.8
22.0
16.9
15.1
1.8
4.3
5.1
-.8
.6
.1
.2
23.9
.2
.5
.6
.3
18.6
16.4
12.9
10.8
2.1
3.0
3.8
-.8
.4
21.9
18.8
14.2
12.7
1.5
3.9
4.7
-.8
.5
.0
.2
21.8
.2
.5
.3
.3
.2
.5
14.7
20.5
16.0
11.8
11.5
.3
3.6
4.6
-.9
.4
.0
.2
22.7
18.0
15.0
2.9
4.1
5.4
1 0
20.6
16.3
13.7
2.6
3.8
5.0
.1
.5
17.5
16.9
13.2
11.4
1.8
3.1
3.9
-.8
.5
15.5
14.7
10.8
10.5
.3
3.4
4.2
-.9
.4
.0
.2
21.6
17.0
14.2
2.8
4.1
5.2
21.1
.0
4
17.7
18.0
14.0
11.9
2.0
3.3
4.0
-.8
.6
• .7
.1
.2
14.3
15.2
.0
.2
21.6
19.0
-.1
5
-.2
.6
.8
.2
IV
I
Line
18.9
14.9
12.2
2.7
3.6
4.7
17.4
13.6
10.8
2.8
3.3
4.2
III
15.5
.0
.2
IV
18.2
14.2
11.7
2.6
3.5
4.6
14.4
19.8
16.0
13.2
2.8
3.4
4.3
20.9
16.9
14.1
2.8
3.8
4.8
II
14.1
.0
.2
III
17.9
19.4
21.3
17.1
14.6
2.6
3.9
4.8
21.2
IV
20.9
16.0
14.2
1.8
4.1
4.9
-.8
.5
.6
.1
.2
II
I
21.7
24.0
20.6
16.4
14.2
2.2
4.2
5.1
III
II
III
14.7
11.1
9.9
1.1
3.1
3.9
-.8
.4
.5
.0
.2
.5
I
IV
II
I
1962
IV
II
18.9
1.1
8.8
.1
.4
III
I
21.5
1.2
.4
11.0
.1
IV
III
.5
3.8
-1.0
.4
III
II
I
1961
II
1 A
III
.2
1960
I
IV
III
I
Line
I
II
III
IV
47.5
38.8
42.2
50.0
40.6
1
44.7
37.2
28.3
8.9
8.8
12.3
-3.6
-1.9
4.2
6.1
.6
40.1
35.1
27.9
7.2
7.7
10.8
-3.1
-3.3
4.1
7.4
.6
42.1 47.6 38.5
37.1 40.8 32.4
28.1 31.3 23.3
9.1
9.0
9.5
6.8
9.2
7.5
11.4 14.1 10.6
- 3 . 9 -4.9 -3.8
- 3 . 1 -3.0 -1.3
5.3
4.8
4.3
6.6
7.4
7.8
.6
.6
.6
2
3
4
5
6
7
8
9
10
11
12
.7
-1.0
2.1
-.9
-1.6
1.3
-.7
-3.8
4.8
1.5
2.0
-1.2
2.1
.2
-1.8
-1.0
1.6
1.2
-1.1
2.8
-1.3
.1
2.4
2.2
13
.9
-.2
-1.0
-.1
2.1
.1
-.9
.0
-1.7
.1
1.2
.1
-1.0
.3
-2.7
-1.0
4.2
.6
1.6
-.1
2.0
.0
-1.1
-.1
2.3
-.3
.0
.1
-1.7
-.1
-1.2
.2
1.3
.3
1.1
.1
-1.0
-.1
3.1
-.3
-1.0
-.3
.2
-.1
1.5
.8
2.5
-.3
14
16
33.3
4.2
29.9
5.0
33.0
5.4
29.4
6.0
25.2
6.0
29.6
6.1
27.5
5.8
16.5
6.9
37.5
6.5
34.4
7.1
34.7
7.9
33.4
7.0
37.2
7.2
36.7
7.8
36.2
8.5
39.9
8.7
46.0
9.3
45.3
9.3
40.8
9.2
39.4
8.9
31.8
9.3
34.7
7.9
39.9
10.4
35.3
8.3
16
17
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
56
Table 1.17.—Auto Output in Constant Dollars: Annually, 1947-74,
[Billions of
1948
1947
1949
1950
1951
1952
1953
1954
1955
1956
1957
12.9
14.7
18.9
24.0
20.4
18.4
23.9
22.9
31.3
24.4
25.8
12.7
8.9
6.5
2.5
14.3
10.7
7.3
3.4
18.7
14.8
10.3
4.4
23.7
18.8
13.7
5.1
20.2
16.2
11.0
5.2
18.2
15.0
9.3
5.6
23.2
18.4
12.9
5.6
23.3
18.7
12.4
6.4
30.1
24.3
17.5
6.8
24.6
20.5
13.9
6.7
24.8
20.7
14.3
6.4
2.8
3.1
-.2
2.9
3.3
-.4
3.4
4.0
4.3
5.1
-.8
3.2
4.3
-1.1
2,5
3.6
-1.1
4.0
4.8
-.8
3.8
4.7
-.9
4.9
6.1
-1.1
3.2
4.8
-1.6
3.7
5.1
-1.5
Net exports.
Exports...
Imports...
.8
.8
.0
.5
.6
.1
.4
.4
.0
.5
.5
.1
.5
.6
.1
.7
.8
.1
.5
.7
.2
.2
.6
.4
Government purchases of goods and
services.
.2
.2
.2
.2
.2
.3
.3
.3
Auto output.
Final sales
Personal consumption expenditures.
New autos
Net purchases of used autos
Producers' durable equipment
New autos
Net purchases of used autos
Change in business inventories of new
and used autos.
New
Used
Addenda:
Domestic output of new autos».
Sales of imported new autos *
.4
.2
11.4
.0
10.4
.0
.2
19.4
.0
14.9
.0
1947
III
IV
12.3
13.0
12.1
14.2
14.8
12.1
8.5
6.1
2.3
12.9
8.9
6.8
2.2
12.0
8.4
6.0
2.4
13.8
9.9
6.9
2.9
14.7
10.7
7.6
3.1
2.7
2.9
-.2
3.0
3.2
-r.2
2.7
2.8
-.2
3.0
3.3
-.3
3.2
Net exports.
Exports...
Imports...
.7
.7
.0
.8
.8
.0
Government purchases of goods and
services.
.2
.2
Auto output.
Producers' durable equipment.
New autos
Net purchases of used autos..
Change in business inventories of new
and used autos.
New
Used
Addenda:
Domestic output of new autos >.
Sales of imported new autos 2 ...
.2
-.4
1.1
-.2
1.0
-.1
.3
-.4
.0
1.0
.2
-.4
.3
.4
15.8
.1
13.3
.1
17.3
.1
25.2
.2
18.8
.2
20.2
.4
18.8
.1
1948
II
Final sales
Personal consumption expenditures
New autos.
Net purchases of used autos..
.1
-.1
.3
.3
.2
II
1949
III
IV
13.1
14.5
16.3
13.2
9.8
6.9
2.9
14.0
10.6
7.2
3.4
2.7
3.1
-.4
2.8
3.2
-.4
15.4
11.8
7.7
4.1
2.9
3.3
-.4
.7
.8
.0
.5
.6
.0
.5
.5
.1
.5
.6
.1
.2
.2
.4
-.1
II
III
IV
16.3
20.2
21.3
17.9
15.9
12.4
8.2
4.2
19.7
15.6
10.6
5.0
19.9
15.7
11.2
4.5
19.5
15.4
11.3
4.0
2.9
3.4
-.5
3.6
4.2
-.6
3.6
4.2
-.7
3.6
4.3
-.7
.5
.0
.4
.4
.0
.5
.5
.0
.4
.4
.0
.2
.1
.1
.1
9.6
.0
10.7
.0
11.3
.0
10.3
.1
11.8
.0
11.3
.1
12.3
.0
1957
II
12.4
.0
15.5
.0
II
III
IV
20.7
23.1
26.8
25.5
20.9
16.5
12.4
4.2
21.9
17.3
12.9
4.5
26.8
21.3
15.4
5.9
25.3
20.1
14.2
6.0
3.9
4.6
4.0
4.7
-.7
4.9
5.7
-.8
4.5
5.4
.3
.4
.0
.4
.5
.0
.2
.2
-.7
.3
.0
.2
1.4
-1.6
-.2
1.2
.0
1.3
.1
-1.6
.1
-.3
.1
1.1
.1
-.1
.2
17.2
.0
14.4
.0
17.0
.0
19.1
.0
21.4
.0
.5
-.2
.2
.0
1950
1958
III
IV
II
20.1
.0
1959
III
IV
II
III
IV
26.9
25.8
27.1
23.4
20.7
18.5
19.5
21.4
25.2
26.2
26.7
20.6
25.7
21.7
15.1
6.6
25.0
20.9
14.3
6.6
23.7
19.7
13.7
5.9
24.8
20.5
13.9
6.5
20.8
17.7
11.0
6.7
20.2
17.4
10.3
7.1
19.6
17.1
10.3
6.9
20.9
18.1
11.0
7.0
23.7
20.3
13.6
6.8
25.2
21.5
14.2
7.3
26.2
22.1
15.2
7.0
22.9
19.5
12.2
7.3
3.4
5.2
-1.8
3.5
5.1
-1.6
3.7
5.0
-1.3
4.0
5.1
-1.2
2.8
4.0
-1.2
2.5
3.8
-1.2
2.5
3.8
-1.3
2.9
4.1
-1.2
3.5
4.7
-1.2
3.8
5.0
-1.2
4.3
5.4
-1.1
3.6
4.4
-.8
Net exports
Exports
Imports
.3
.6
.3
.3
.6
.4
.1
.6
.5
.1
.6
.5
.0
.6
.6
.0
.5
-.3
.5
.8
-.3
.5
.8
-.4
.5
.9
-.5
.5
1.0
.6
1.1
.4
1.0
Government purchases of goods and
services.
.3
.3
.3
.3
.3
.3
.3
.3
.3
.3
.3
.3
Change in business inventories of new
and used autos.
New
Used
Addenda:
Domestic output of new autos L
Sales of imported new autos 2
1.2
3.4
-1.4
-.2
-1.8
-.1
.6
1.4
1.0
-2.3
.6
.6
2.6
.7
-1.4
.1
-.3
.2
-1.4
-.3
-.2
.1
.8
-.2
.8
.9
.1
-1.6
-.7
21.5
.5
17.7
14.5
.7
12.5
.8
13.5
.9
15.2
1.0
18.5
1.2
19.3
1.3
Auto output.
Final sales
Personal consumption expenditures
New autos
Net purchases of used autos
Producers' durable equipment
New autos
Net purchases of used autos
21.3
.3
20.3
.4
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVET OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OP
CURRENT BUSINESS.
1. Consists of final sales and change in business inventories of new autos produced in the
20.0
1.4
14.1
1.4
United States.
2. Consists of personal consumption expenditures, producers' durable equipment, and
government purchases.
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
57
and Seasonally Adjusted Quarterly Totals at Annual Rates, 1947-74
1972 dollars]
1962
1961
1960
1959
1958
1965
1964
1963
1967
1966
1968
1970
1969
197I
1972
1973*
1974*
Line
20.0
24.7
26.8
22.6
27.5
30.3
31.1
37.4
:*6.7
33.5
40.6
40.0
32.5
42.1
45.1
50.7
40.2
1
20.4
17.6
10.6
6.9
24.5
20.9
13.8
7.1
25.8
21.7
14.9
6.8
23.3
19.1
12.8
6.3
27.3
22.3
16.0
6.3
29.8
24.9
18.5
6.4
31.2
26.0
19.7
6.4
36.6
30.2
23.5
6.7
35.9
30.1
23.6
6.6
34.4
28.9
22.2
6.7
39.3
33.3
26.6
6.7
39.8
33.7
26.8
6.9
33.6
29.7
22.9
6.9
40.4
35.2
28.2
7.0
45.3
39.4
32.1
7.3
49.6
41.5
34.0
7.6
39.6
33.3
26.2
7.2
2
3
4
5
2.7
3.9
-1.2
3.8
4.9
-1.1
4.0
5.1
-1.1
3.7
4.9
-1.2
4.5
5.8
-1.3
4.3
5.7
-1.4
4.6
5.9
-1.4
5.7
7.3
-1.6
5.4
7.3
-2.0
5.2
7.3
-2.2
6.4
8.7
-2.3
6.7
9.2
-2.5
5.0
7.8
-2.8
6.9
9.7
-2.7
7.6
10.3
-2.8
9.2
12.4
-3.2
7.5
11.1
-3.6
6
7
8
-.1
.5
.7
-.5
.6
1.0
—.2
5
7
.1
.5
.4
.1
.7
.6
.2
.*6
.2
1.0
.8
.2
1.1
.9
-.1
1.4
1.5
-.2
1.8
2.0
-.9
2.2
3.1
-1.2
2.5
3.6
-1.6
2.1
3.7
-2.4
2.6
5.0
-2.3
3.0
5.3
-1.8
3.8
5.6
-1.8
4.3
6.2
9
10
11
.3
.3
•3
.4
.4
.5
.5
.5
.5
.5
.5
.5
.5
.6
.6
.6
.6
12
-.4
.2
1.0
-.7
.1
.4
-.2
.9
.8
-.8
1.3
.1
-1.1
1.7
-.1
1.1
.6
13
-.3
-.1
.1
.1
9
0
-.6
-.1
.1
.0
.4
.0
-.1
-.1
1.0
-.2
.8
.0
-.7
-.1
1.3
.0
.2
-.1
-1.0
1.6
.1
-.1
.0
1.2
.0
.6
.0
14
15
13.9
.9
18.0
1.3
20.5
1.1
17.2
.8
22.1
.7
24.8
.8
25.7
1.1
31.8
1.4
31.0
2.2
28.0
3.1
34.4
4.4
33.4
5.5
25.6
6.4
34.7
7.1
37.5
8.0
42.9
9.2
33.4
8.5
16
17
1954
1953
1952
1951
1955
1956
Line
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
23.5
21.0
18.6
18.3
17.0
18.4
15.3
22.7
23.3
23.6
24.8
23.8
21.8
22.9
22.6
24.0
19.1
13.6
5.4
20.6
16.5
11.3
5.2
18.9
15.1
10.1
5.0
17.5
14.2
9.0
5.2
17.9
14.7
9.0
5.8
18.9
15.7
9.5
6.2
15.5
12.9
7.1
5.8
20.4
16.6
11.7
4.8
22.7
18.3
12.9
5.4
22.7
18.0
13.0
5.0
23.3
18.3
13.2
5.0
24.3
19.2
12.4
6.9
22.6
17.9
11.4
6.5
22.5
18.2
12.6
5.6
4.1
5.2
-1.1
3.3
4.4
-1.1
2.9
4.0
-1.1
2.5
3.6
-1.0
2.4
3.6
-1.2
2.5
3.7
-1.2
2.0
2.7
-.8
3.2
4.4
-1.2
3.6
4.6
-1.0
3.9
4.7
-.8
4.2
5.0
-.8
4.3
4.8
-.5
3.9
4.5
-.6
6
7
o
7
7
0
7
7
.0
5
6
.0
5
6
.0
.5
6
.1
.4
5
.1
.5
6
.1
.5
.6
.1
.5
.6
.1
.6
.7
.1
.5
.6
.0
.2
.2
.2
.2
.2
.2
.2
.2
.2
.2
.2
I
II
III
IV
I
II
24.2
30.4
32.1
32.5
30.1
25.8
25.1
21.5
25.1
1
23.1
18.6
12.1
6.4
25.0
20.2
13.3
6.9
28.2
22.4
16.1
6.3
31.0
24.8
18.0
6.8
31.5
25.4
18.8
6.5
29.9
24.5
16.8
7.7
26.2
21.6
14.7
7.0
24.3
20.3
13.8
6.5
23.4
19.9
12.8
7.1
24.2
20.3
14.2
6.1
2
3
4
5
3.4
4.2
-.7
3.8
4.9
-1.1
4.0
5.3
-1.2
4.9
6.0
-1.1
5.2
6.3
-1.1
5.1
6.4
-1.2
4.5
5.7
-1.2
3.6
5.0
-1.3
3.2
2.9
3.2
4.7
4.5
5.0
-1.5 -1.6 -1.8
6
7
8
.5
.6
.1
.6
.6
.1
.5
.6
.1
.5
.6
.1
.7
.7
.1
.7
.7
.1
.7
.8
.1
.6
7
.1
.7
g
.1
.5
7
.2
4
$
.2
5
7
2
9
10
11
.2
.2
.2
.2
.2
.2
.3
.3
.3
.3
.3
.3
.3
12
2.2
III IV
-.4
.4
-.2
.8
-.9
-.6
-.2
2.3
.6
.9
1.6
-.5
— 8
.4
-.4
-.8
1.2
1.0
.2
-.5
.8 -2.0
.9
13
-.6
.2
.2
.2
-.6
.4
.6
.2
-.8
.0
-.8
.3
.1
-.3
1.1
1.2
.0
.6
.5
.4
1.1
.5
.5
-.9
-.2
-.6
-.3
.8
-.5
.1
-.5
-.3
1.5
.6
.9
.3
.4
.6
1.0
-.8
—.4
-.1
.4 -1.9
.4
.0
.1
.8
14
15
18.9
.0
16.6
.0
14.2
.1
13.7
12.3
13.0
.1
10.4
.1
17.7
.1
18.1
.1
18.8
.1
19.9
.1
18.3
.1
16.3
.1
17.1
.1
17.1
.1
18.7
.1
24.3
25.9
.1
26.4
.2
24.1
.2
20.0
.2
19.8
,3
16
17
1962
1961
1960
I
II
III
24.5
19.1
22.3
24.9
21.1
14.2
6.9
22.2
18.3
11.5
6.9
22.6
18.5
12.4
6.2
4.0
5.1
-1.1
3.5
4.7
-1.2
3.4
4.5
-1.1
3.6
4.9
-1.3
— 3
.5
g
— i
5
6
1
.5
5
1
.5
4
3
3
3
3
I
II
20.1
III
IV
26.5
27.0
25.5
21.2
15.0
6.3
26.1
22.1
14.9
7.2
26.6
22.4
15.5
6.9
4.4
5.4
-1.0
4.0
5.1
-1.0
— 4
.6
1 0
3
1963
III
IV
I
26.3
28.4
28.9
27.2
22.2
16.0
6.2
27.0
21.8
15.3
6.5
28.9
23.6
17.6
6.0
4.3
5.6
-1.3
4.4
5.7
-1.3
4.6
5.9
-1.3
.0
.6
.5
.1
.6
.6
.2
.7
.5
.4
.4
.4
IV
I
II
23.2
25.8
26.2
23.2
19.0
12.9
6.1
25.2
20.7
14.6
6.1
26.2
21.5
15.2
6.3
3.7
4.9
-1.2
4.0
5.3
-1.3
.1
.5
.4
.1
.5
.5
.4
.4
19.5
.2
1964
15.9
.2
1965
Line
II
III
IV
I
II
III
IV
I
29.2
29.7
30.4
31.7
31.6
31.8
32.2
28.6
29.2
24.3
18.0
6.3
29.8
25.0
18.7
6.3
29.7
25.0
18.1
6.9
30.7
25.3
19.2
6.2
31.2
25.9
19.4
6.6
31.4
26.1
19.8
6.3
32.9
27.3
21.1
6.2
29.5
24.7
18.3
6.4
4.8
6.2
-1.4
4.5
6.0
-1.5
4.2
5.6
-1.5
4.1
5.4
-1.3
4.5
6.0
-1.5
4.5
5.9
-1.4
4.6
6.0
-1.5
4.9
6.4
-1.5
4.2
5.5
-1.2
6.0
7.6
-1.6
.2
.8
.6
.1
.7
.6
.0
.6
.6
.2
.8
.6
.1
.8
.7
.4
1.0
.6
.3
1.0
.7
.2
1.0
.8
.3
1.1
.8
.1
1.0
.9
.4
1.0
.6
.1
1.0
.9
.2
1.1
.9
.2
1.2
1.0
9
10
11
.4
.4
.4
.5
.5
.5
.5 . .5
.4
.4
.4
.5
.5
.5
12
II
III
38.2
37.4
36.7
37.4
i
37.0
30.2
23.9
6.3
35.8
29.5
22.8
6.7
36.6
30.5
23.4
7.2
36.8
30.6
23.9
6.8
2
3
4
5
5.5
5.6
5.5
7.0
7.2
7.3
-1.6 -1.5 -1.7
6
7
8
IV
3.5
.3
.4
-.5
-3.2
-.4
.0
.6
.0
-.9
1.4
.0
.0
-.2
.8
1.1
.4
.5
-.7
-.9
1.2
1.6
.0
.6
13
3.0
.6
.5
-.2
.5
-.1
-.2
-.2
-2.5
-.6
-.4
.0
.1
-.1
.4
.2
.0
.0
-.9
.0
1.8
-.3
-.3
.4
-.1
.1
-.3
.1
1.3
-.5
.7
.3
.6
-.1
.4
.1
-.9
.2
-.4
-.5
.9
.3
1.8
-.2
.7
-.6
.6
.0
14
15
22.5
1.3
19.9
1.1
20.9
1.0
18.8
.9
13.6
.8
17.0
.8
18.0
.8
20.4
.8
20.7
.8
21.0
.7
23.2
.7
23.4
.7
23.9
.8
24.2
.9
24.9
.8
26.3
.8
26.2
1.0
26.4
1.1
26.8
1.1
23.4
1.1
32.7
1.2
31.7
1.3
31.1
1.5
31.6
1.8
16
17
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
58
Table 1.17.—Auto Output in Constant Dollars: Annually, 1947-74,
[Billions of
II
Auto output
Final sales
Personal consumption expenditures...
Newautos
Net purchases of used autos
Producers' durable equipment
Newautos
Net purchases of used autos
Net exports
Exports
Imports
Change in business inventories of new
and used autos.
New
Used
Addenda:
l
Domestic output of new autos
Sales of imported new autos 2
IV
III
II
1968
IV
in
III
II
IV
39.7
36.2
34.6
36.2
31.5
34.5
34.1
34.1
39.6
41.0
40.2
41.6
38.7
32.5
25.6
6.9
34.5
28.9
22.2
6.7
35.2
29.7
23.4
6.3
35.1
29.4
23.0
6.4
32.8
27.6
21.1
6.5
36.1
30.3
23.7
6.6
35.0
29.2
22.5
6.7.
33.5
28.3
21.5
6.8
38.3
32.2
25.9
6.4
38.3
32.6
26.1
6.5
40.5
34.3
27.3
7.0
40.2
34.0
27.1
7.0
5.8
7.7
-1.9
5.2
7.0
-1.8
5.1
6.9
-1.8
5.4
7.7
-2.3
4.9
6.8
-2.0
5.3
7.7
-2.3
5.3
7.6
-2.3
5.2
7.3
-2.1
6.0
8.2
-2.2
6.2
8.4
-2.2
6.8
9.1
-2.3
6.8
9.3
-2.5
-.1
1.3
1.4
-.1
1.2
1.3
-.1
1.5
1.6
-.2
1.6
1.8
-.1
1.7
1.8
.0
1.8
1.8
-.1
1.9
1.9
-.5
1.8
2.4
-.5
2.1
2.5
-.9
2.2
3.1
-1.2
2.2
3.4
-1.2
2.3
3.5
.5
.5
.5
.5
.5
.5
.5
.5
.5
.5
.5
-.6
1.1
-1.4
-1.6
-.9
.7
1.3
2.7
-.2
1.4
-1.2
-.2
-1.8
.1
-.8
-.1
1.0
-.4
1.0
.3
2.6
.0
.1
-.3
1.4
.0
26.0
2.6
29.0
3.1
28.7
3.4
28.3
3.4
3.9
35.2
4.1
34.3
4.6
34.9
4.9
Government purchases of goods and
services.
13
1967
1966
Line
1.0
1.7
1.1
-.1
2.0
-.3
.0
2.1
30.7
1.8
29.1
2.2
30.5
2.6
Table 1.18.—Farm Output, Gross Product
[Millions of
Line
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
I
1956
1957
28,796
32,072
36,197
30,577
32,820
37,995
37,476
34,234
33,924
33,247
33,405
33,772
Cash receipts from farm marketings and
Commodity Credit Corporation
loans.
Crops
Livestock
Other farm income
Farm products consumed on farms
Change in farm inventories
Gross rental value of farm dwellings...
24,802
29,620
30,227
27,805
28,484
32,803
32,463
30,999
29,737
29,238
30,325
29,798
11,016
13,786
13,093
16,527
13,098
17,129
12,396
15,409
2,662
29
1,303
2,765
-1,760
2,733
1,732
1,505
2,230
-866
1,408
12,378
16,106
20
2,063
789
1,464
13,184
19,619
42
2,304
1,239
1,607
14,225
18,238
70
2,220
987
14.076
16,923
84
2,007
-621
1,765
13.462
16,275
101
1,789
586
13,271
15,967
123
1,678
467
13,962
16,363
141
1,585
-380
12,422
17,376
169
1,484
534
1,787
Less: Intermediate goods and services
consumed.
Intermediate good sand services
consumed, other than rent.
Net rent paid to nonoperator
landlords.
9,885
12,749
11,654
12,730
14,921
11,062
10,218
11,152
13,157
1,687
1,436
1,578
1,764
Farm output
Plus: Other items
Equals: Gross farm product
Less: Capital consumption allowances
with capital consumption adjustment.
Capital consumption allowances.
Less: Capital consumption adjustment.
Indirect business tax and nontax
liability.
8,308
1,577
Compensation of employees...
Proprietors' income with inventory valuation and capital compensation adjustment.
Corporate profits with inventory valuation and capital
consumption adjustments.
Net interest
11,745
10,009
1,736
15,131
13,301
1,830
13,796
12,144
1,652
1,711
14,130
12,514
1,616
1,741
1,734
14,325
14,674
15,232
12,761
13,102
13,759
1,564
1,572
1,473
-58
-107
-114
-118
-126
-134
-144
-140
-146
-136
-157
-165
20,220
23,334
18,805
19,964
22,940
22,201
20,298
19,648
18,786
18,574
18,375
1,118
1,418
1,852
2,220
2,511
2,958
3,143
3,261
3,377
3,482
3,519
3,691
953
-165
1,002
-416
1,225
-627
1,515
-705
1,831
-680
2,120
-838
2,355
-788
906
2,515
-746
2,726
-651
2,837
-645
2,892
-627
2,903
-788
1,069
542
645
773
714
810
864
277
227
161
249
250
240
17,876
18,434
20,995
15,973
16,892
19,368
18,392
2,542
14,928
2,793
15,202
3,000
17,505
2,817
12,659
2,821
13,473
2,932
15,784
2,868
14,896
136
150
156
117
169
146
270
289
334
429
506
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY
OF CURRENT BUSINESS.
1,736
18,883
Plus: Subsidies to operator landlords
Equals: Income 1
1,447
565
925
942
975
1,013
224
200
486
891
16,298
15,553
14,529
14,528
14,506
2,746
12,940
2,606
12,300
2,598
11,259
2,611
11,205
2,710
11,043
27
51
29
186
596
643
6
747
1. Equals U.S. Department of Agriculture's measure of total net farm income plus net
interest and compensation of employees other than corporate officers.
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
59
and Seasonally Adjusted Quarterly Totals at Annual Rates, 1947-74—Continued
1972 dollars]
1972
1971
1970
1969
1974*
1973*
Line
I
II
III
IV
23.4
43.2
40.5
42.6
27.1
24.8
18.0
6.8
38.6
33.4
27.1
6.3
39.1
34.3
27.2
7.1
40.6
35.4
28.1
7.3
5.4
8.4
-3.0
3.7
5.7
-2.0
6.8
9.5
-2.8
6.5
9.1
-2.6
-1.4
2.5
3.9
-1.4
2.3
3.7
-2.0
1.6
3.6
-2.1
2.5
4.7
.5
.5
.5
.5
I
II
III
IV
37.9
33.5
37.9
35.1
38.7
33.2
26.2
7.0
35.0
30.8
24.2
6.7
36.6
31.9
24.7
7.1
35.8
31.3
24.5
6.8
6.8
9.5
-2.7
6.4
9.1
-2.7
5.4
8.2
-2.8
5.6
8.8
-3.2
-1.5
2.4
3.9
-1.4
2.6
4.0
-1.4
2.4
3.8
-1.7
2.0
3.7
5
.5
.5
I
II
III
IV
41.9
38.4
41.7
41.4
34.4
27.4
7.0
39.5
33.5
26.8
6.8
39.7
33.8
26.9
6.9
6.8
9.1
-2.3
6.9
9.4
-2.5
2.4
2.8
5
I
II
III
IV
I
II
III
IV
I
II
III
IV
41.9
44.5
44.1
43.8
48.1
54.5
53.0
48.4
46.9
38.8
40.3
45.6
36.1
1
43.2
37.8
30.4
7.4
42.5
37.7
30.2
7.5
43.9
38.7
31.4
7.3
45.6
39.2
32.0
7.2
49.1
42.0
34.7
7.3
52.9
45.2
37.5
7.7
51.8
43.8
36.4
7.5
49.5
41.3
33.8
7.5
44.1
35.8
28.2
7.7
40.4
34.6
27.6
7.0
40.5
34.8
27.2
7.6
43.7
36.4
29.1
7.4
33.8
27.5
20.9
6.7
2
3
4
5
7.3
10.1
-2.8
7.2
9.9
-2.7
6.8
9.4
-2.7
7.1
9.9
-2.8
7.7
10.4
-2.7
8.8
11.6
-2.8
9.2
12.3
-3.1
9.4
12.6
-3.2
9.4
12.6
-3.2
8.8
12.3
-3.5
7.5
10.7
-3.2
7.2
8.8
6.4
11.0 13.0 9.5
-3.8 -4.2 -3.1
6
7
8
-2.3
2.7
4.9
-2.7
2.7
5.4
-2.5
2.4
4.9
-2.6
2.6
5.2
-2.4
2.8
5.1
-1.9
3.2
5.1
-2.3
3.3
5.6
-2.0
3.6
5.6
-2.0
3.6
5.6
-1.8
3.8
5.6
-1.2
4.2
5.4
-2.3
4.1
6.4
-2.1 -2.1
4.2
4.4
6.2
6.5
.5
.6
.6
.6
.6
.6
.5
.5
.5
.6
.6
.6
.6
.6
2.0 -1.3
2.0
-.7
4.7
5.4
9
10
11
.5
.5
12
1.1
1.9
—.9
—1.6
1.3
— .6
3.7
4.6
1.4
.2 -1.8
-1.0
1.6
1.2
—1.1
2.8
1.6
— .2
1.9
2.4
13
.8
2
-1.0
__ i
1.9
1
-.9
.0
-1.7
.1
1.2
.1
-1.0
.3
-2.6
—1 1
4.0
.6
1.5
—.1
2.0
.0
-1.1
—.1
2.3
—.3
.1
.1
-1.7
-.1
-1.2
.2
1.4
.2
1.2
.1
-1.0
—.1
3.1
-1.2
—.3
-.2
—.1
1.2
.7
2.6
—.3
14
15
35.7
4.5
32.0
5.3
34.9
5.7
31.0
6.4
26.6
6.3
30.9
6.4
28.5
6.0
16.4
6.9
36.5
6.4
33.5
6.9
34.7
7.8
34.1
7.2
37.2
7.2
36.5
7.7
35.9
8.4
40.5
8.9
46.4
9.3
45.2
9.3
40.6
9.1
39.3
8.9
31.4
9.2
33.5
7.7
37.0
9.6
31.7
7.4
16
17
and Income: Annually, 1946-74
dollars]
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973*
1974*
37,869
37,208
38,192
39,056
40,596
41,672
40,123
44,086
47,191
47,441
48,385
52,614
54,858
58,855
67,019
96,331
98,947
1
33,433
33,747
34,357
35,228
36,349
37,315
37,099
39,386
43,512
42,739
44,203
48,141
50,436
52,975
61,441
87,033
93,748
2
14,206
19,227
222
1,505
848
1,861
14,843
18,904
227
1,289
-86
2,031
15,368
18,989
244
1,205
288
2,098
15,714
19,514
243
1,109
274
2,202
16,191
20,158
257
993
739
2,258
17,268
20,047
285
921
791
2,360
17,151
19,948
336
835
-590
2,443
17,500
21,886
387
811
1,021
2,481
18,486
25,026
416
824
-160
2,599
18,356
24,383
484
736
735
2,747
18,716
25,487
521
719
104
2,838
19,568
28,573
559
731
137
3,046
20,873
29,563
543
751
109
3,019
22,392
30,583
641
732
1,281
3,226
25,771
35,670
663
831
610
3,474
41,209
45,824
811
1,105
3,469
3,913
52,324
41,424
882
1,299
-1,862
4,880
3
4
5
6
7
8
16,992
17,918
17,731
18,591
19,891
20,805
20,531
21,837
23,970
24,953
25,375
26,995
28,469
30,671
34,453
45,296
49,691
9
15,331
16,243
15,966
16,659
17,809
18,500
18,209
19,257
21,299
22,341
22,627
24,146
25,504
27,433
29,979
38,299
42,037
10
1,661
1,675
1,765
1,932
2,082
2,305
2,322
2,580
2,671
2,612
2,748
2,849
2,965
3,238
4,474
6,997
7,654
11
Line
-134
-221
-236
-235
-236
-321
-260
-289
-308
-324
-401
-437
-477
-503
-524
-620
-778
12
20,743
19,069
20,225
20,230
20,469
20,546
19,332
21,960
22,913
22,164
22,609
25,182
25,912
27,681
32,042
50,415
48,478
13
3,790
4,016
4,091
4,134
4,258
4,403
4,585
4,784
5,058
5,439
5,845
6,196
6,390
6,944
7,439
8,405
9,996
14
2,996
-794
3,080
-936
3,135
-956
3,171
-963
3,286
-972
3,445
-958
3,611
-974
3,820
-964
4,021
-1,037
4,285
-1,154
4,494
-1,351
4,760
-1,436
5,020
-1,370
5,205
-1,739
5,421
-2,018
5,745
-2,660
6,238
-3,758
15
16
1,100
1,191
1,268
1,324
1,354
1,383
1,426
1,459
1,553
1,640
1,757
1,860
1,956
2,023
2,095
2,146
2,220
17
18
988
615
632
1,324
1,540
1,488
1,898
2,143
2,871
2,703
3,030
3,319
3,255
2,749
3,454
2,279
467
16,841
14,477
15,498
16,096
16,397
16,248
15,219
17,860
19,173
17,788
18,037
20,445
20,821
21,463
25,962
42,143
36,729
19
2,872
13,102
2,952
10,661
3,093
11,420
3,225
11,808
3,319
11,872
3,413
11,601
3,457
10,279
3,558
12,568
3,623
13,596
3,629
12,080
3,770
12,003
4,048
13,944
4,301
13,932
4,337
14,289
4,542
18,003
5,180
32,421
6,068
25,629
20
21
34
-8
26
40
70
28
64
157
184
82
113
137
-10
65
380
895
611
22
833
872
959
1,023
1,136
1,206
1,419
1,577
1,770
1,997
2,151
2,316
2,598
2,772
3,037
3,647
4,421
23
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
60
Table 1.19.—Farm Output, Gross Product,
[Billions of
1946
Line
1948
1947
1951
1950
1949
1952
1953
1954
1955
1956
1957
40.9
39.3
41.0
40.8
43.1
42.9
43.6
44.7
46.0
47.5
47.9
47 8
34.1
34.4
33.4
35.0
35.3
34.8
35.9
38.4
38.6
40.5
42.2
40.8
12.8
21.3
12.9
21.4
13.3
20.2
14.1
20.8
3.8
-1.9
3.2
3.3
1.1
3.3
3.1
-.5
3.4
13.2
21.6
.1
2.9
1.6
3.7
13.8
22.1
.1
2.8
1.2
3.8
15.0
23.4
.2
2.6
-.2
3.9
14.3
24.2
.2
2.5
.9
4.0
14.8
25.7
.2
2.5
.4
4.0
15 3
26 9
4.2
-.3
3.1
14.0
21.3
0
3.0
1.4
3.6
2.4
-.8
4.1
14 5
26 3
3
2.1
g
4.1
Less: Intermediate goods and services
consumed.
Intermediate goods and services
consumed, other than rent.
Net rent paid to nonoperator
landlords.
15.1
15.3
15.2
15.1
16.1
17.0
17.1
16.9
17.5
18.1
19.0
19.4
13.1
13.4
13.4
13.4
14.2
15.1
15.3
15.1
15.7
16.3
17.1
17.6
2.0
1.8
1.8
1.7
1.8
1.8
1.9
1.8
1.8
1.8
1.8
1.8
12
13
Plus* Other items
Eauals: Gross farm product
—.1
25.8
—.1
23.9
-.1
25.7
—.2
25.5
-.2
26.9
-.2
25.8
-.2
26.3
—.2
27.6
_ 2
28.3
—.2
29.2
— 2
28 8
— 3
28 1
14
Less: Capital consumption allowance
with capital consumption adjust-
3.3
3.6
4.2
4.8
5.4
5.9
6.0
6.2
6.4
6.4
6.3
6.2
Indirect business tax and nontax
liability.
1.7
1.8
1.8
1.8
1.9
1.9
1.9
1.9
Farm output
2
3
4
5
6
7
8
9
10
11
15
Cash receipts from farm marketings
and Commodity Credit Corporation loans.
Crops
Livestock
Other farm income
Farm products consumed on farms
Chancre in farm inventories
Gross rental value of farm dwellings—
16
Plus: Subsidies to operator landlords —
17
Equals: Income
\
1.7
1.7
1.8
1.8
1.7
1.7
1.8
1.9
1.9
1.8
1.8
2.0
1.9
2.0
2.1
1.9
22.5
20.4
21.5
20.9
21.6
19.8
20.4
21.6
22.0
22.9
22.7
22.0
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT BUSINESS.
Table 1.20.—Housing Output, Gross Product,
[Billions of
1946
Line
1
2
3
4
5
Housing output 1
Nonfarm housing
O wner-occupied
Tenant-occupied
Farm housing
_
6
Less: Intermediate goods and services
consumed.
7
Equals: Gross housing product
8
Less: Capital consumption allowances
with capital consumption adjustments.
Capital consumption allowances.
Less: Capital consumption ad-
9
10
.
1947
1948
1951
1950
1949
1952
1953
1954
1955
1957
1956
13.6
15 2
17.1
18.9
20.9
23.4
26.0
28 9
31 2
33 2
35 5
38 0
12.3
7.4
4.9
13.7
8.5
5 3
15.6
9.7
5 9
17.5
11.0
6.5
19.4
12.4
7.1
21.8
14.1
7.7
24.3
15.9
8.4
27.1
17.9
9 2
29.5
19.7
9 8
31.5
21.4
10 1
33.7
23.2
10.5
36.2
25.0
11 2
1.3
1.4
1.5
1.4
1.5
1.6
1.7
1.8
1.7
1.7
1.7
1.8
2.9
3.7
4.2
4.4
4.9
5.5
5.8
6.3
6.4
6.7
7.1
7.2
10.7
11.5
12.9
14.4
16.0
18.0
20.2
22.6
24.8
26.5
28.4
30.7
3.7
4.6
5.2
5.4
5.8
6.6
7.0
7.3
7.6
8.1
8.6
9.0
1.9
-1.8
2.1
-2.5
2.3
-2.9
2.5
-2.9
2.8
-3.0
3.3
-3.3
3.6
-3.4
3.9
-3.4
4.2
-3.4
4.6
-3.5
5.0
—3.6
5.4
-3.6
2.1
2.2
2.4
2.7
2.8
3.2
3.5
3.8
4.1
4.6
5.1
5.6
0
0
0
0
0
-.1
-.1
-.1
-.1
-.1
-.1
11
Indirect business tax and nontax
liability plus business transfer
payments.
12
Plus: Subsidies less current surplus of
government enterprises.
0
13
14
15
Equals: Income
Compensation of employees...
Proprietors' income with inventory valuation and capital consumption adjust-
4.9
.2
.5
4.7
.3
.5
5.3
.3
.5
6.3
.3
.6
7.4
.4
.6
8.2
.4
.6
9.7
.4
.7
11.5
.5
.7
13.0
.5
.7
13.8
.5
.7
14.7
.6
.7
16.1
.6
.7
16
Rental income of persons with
capital consumption adjust-
2.7
2.3
2.5
3.2
3.8
4.2
5.2
6.5
7.5
7.7
7.9
8.3
17
Corporate profits with inventory valuation and capital
consumption adjustments.
Net interest
.1
.1
.1
.1
• 2
.2
.2
.2
.2
.2
.2
.3
1.4
1.6
1.9
2.1
2.4
2.8
3.2
3.6
4.1
4.6
5.4
6.2
18
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT BUSINESS.
1. Equals personal consumption expenditures for housing less expenditures for transient
hotels, motels, clubs, schools, and institutions shown as other housing expenditures in table
2.6.
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
61
and Income in Constant Dollars: Annually, 1946-74
1972 dollars]
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973*
1974*
Line
49.9
50.9
52.2
53.2
54.5
55.9
55.2
57.1
57.0
59.6
59.8
61.3
63.0
65.9
67.0
69.0
65.3
1
42.5
44.6
45.7
46.7
47.4
49.0
50.2
50.4
51.7
53.4
54.3
55.8
57.5
59.4
61.4
61.5
61.2
2
16.4
26.1
.4
2.0
1.0
4.1
17.4
27.2
.4
1.8
0
4.1
18.0
27.7
.4
1.7
.3
4.1
18.1
28.6
.4
1.6
.5
4.1
18.3
29.2
.4
1.4
1.3
4.0
18.8
30.2
.4
1.3
1.2
4.0
18.8
31.4
.5
1.2
-.6
3.9
19.6
30.9
.6
1.1
1.2
3.9
20.1
31.6
.6
1.0
-.2
3.8
20.8
32.6
.6
.9
.8
3.8
21.4
32.9
.7
.9
.2
3.8
23.1
32.7
.7
.8
.3
3.7
23.9
33.7
.6
.9
.4
3.7
23.9
35.5
.7
.8
1.5
3.6
25.8
35.7
.7
.8
.6
3.5
27.6
33.9
.7
1.0
2.4
3.3
27.3
34.0
.7
1.0
-.8
3.2
3
4
5
6
7
8
20.4
22.4
22.3
23.3
24.7
25.5
25.5
26.7
28.1
29.5
29.9
30.9
31.3
32.5
34.5
35.4
33.4
9
18.5
20.4
20.2
21.0
22.2
22.8
22.8
23.7
25.1
26.5
26.7
27.5
28.0
29.0
30.0
30.5
29.0
10
2.0
2.0
2.1
2.3
2.4
2.6
2.7
3.0
3.0
3.0
3.2
3.3
3.4
3.5
4.5
4.9
4.3
11
-.2
29.3
-.3
29.5
-.3
29.6
-.3
29.5
-.5
30.0
-.4
29.2
-.4
30.1
-.4
28.5
-.4
29.6
-.5
29.4
-.5
29.9
-.6
31.1
-.6
32.8
-.5
32.0
-.4
33.2
-.5
31.5
12
13
6.2
-.3
28.2
6.2
6.3
6.3
6.2
6.3
6.4
6.6
6.8
7.1
7.2
7.3
7.3
7.3
7.4
7.7
8.0
14
1.9
1.9
1.9
1.9
1.9
1.9
2.0
2.0
2.0
2.0
2.0
2.0
2.1
2.1
2.1
2.1
2.1
15
2.2
2.3
2.4
2.4
2.4
2.5
2.5
2.6
2.7
2.8
2.9
3.1
3.2
3.2
3.5
3.7
3.7
16
23.4
22.5
23.8
23.8
23.8
24.3
23.4
24.1
22.4
23.3
23.0
23.7
24.9
26.6
26.0
27.0
25.0
17
and Income: Annually, 1946-74
dollars]
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973*
1974*
Line
40.6
43.6
46.7
49.6
53.1
56.2
59.5
63.3
67.2
71.5
77.0
83.5
90.3
99.2
108.2
118.6
131.0
1
38.8
27 0
11.8
41.6
29.0
12.5
44.4
31.3
13.3
47.4
33.3
14.2
50.8
35.7
15.1
53.8
37.8
16.0
57.0
40.0
17.0
60.8
42.7
18.2
64.6
45.3
19.2
68.7
48.3
20.4
74.2
52.2
22.0
80.5
56.6
23.8
87.3
61.3
26.0
95.9
67.5
28.4
104.8
74.0
30.8
114.7
81.3
33.4
126.2
90.1
36.0
2
3
4
2.5
2.6
2.7
2.8
3.0
3.0
3.2
3.5
3.9
4.9
5
8.9
10.3
11.2
12.2
14.5
16.0
17.7
20.0
6
1.9
2.0
2.1
2.2
2.3
2.4
2.4
7.3
7.6
7.8
8.0
8.2
8.3
8.6
8.8
9.0
33.3
36.0
38.9
41.7
44.9
47.8
50.9
54.5
58.2
62.6
66.7
72.3
78.1
84.7
92.2
100.9
111.0
7
9.5
10.2
10.7
11.1
11.5
11.9
12.5
13.0
13.4
14.0
15.8
18.0
19.1
20.3
21.7
25.1
28.6
8
5.7
-3.8
6.2
-4.0
6.6
-4.1
7.1
-4.0
7.6
-3.9
8.0
-3.9
8.6
-3.9
9.1
-3.9
9.5
-3.9
10.1
-3.9
10.6
-5.2
11.3
-6.7
12.7
-7.6
16.3
-12.3
9
10
6.7
7.4
8.2
8.9
9.8
10.7
11.7
12.6
14.1
15.8
17.6
22.1
14.0
-7.7
23.7
15.3
-9.8
6.2
11.9
-7.2
20.1
25.5
26.7
11
.1
.1
.1
.2
.4
.6
1.4
1.4
1.5
12
0
—.1
0
0
0
0
0
0
17.6
.6
.9
19.1
.6
1.0
20.7
.7
1.0
22.3
.7
1.1
24.5
.9
1.1
26.1
1.0
1.2
27.7
1.1
1.2
29.8
1.2
1.3
32.2
1.3
1.4
34.5
1.4
1.5
35.2
1.6
1.5
36.8
1.8
1.5
39.3
2.1
1.6
43.0
2.3
1.5
48.3
2.6
1.6
51.8
3.0
1.5
57.2
3.5
1.7
13
14
15
8.8
9.2
9.8
10.3
11.1
11.5
11.6
12.3
13.2
14.3
13.2
12.7
12.9
13.9
14.6
12.9
12.6
16
.3
.4
.4
.4
.5
.5
.5
.5
.5
.6
.6
.5
.6
.5
.5
.3
.2
17
7.1
8.0
8.8
9.8
10.9
11.9
13.2
14.6
15.8
16.8
18.3
20.2
22.1
24.6
29.0
34.0
39.2
18
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
62
Table 1.21.—Housing Output, Gross Product, and
[Billions of
1
2
3
4
5
6
1947
1946
Line
Housing outDut *
Nonfarm housing
Owner-occupied
Tenant-occupied—
Farm housing
1949
1948
1950
1952
1951
1953
1954
1955
1956
1957
27.8
30.0
31.9
34.1
36.5
39.2
41.8
44.0
46.2
48 5
50 9
53 4
24.7
14.8
9.9
3.1
26.8
16.5
10.3
3.2
28.6
17.8
10.8
3.3
30.6
19.2
11.4
3.5
32.9
21.0
11.9
3.6
35.5
22.9
12.6
3.7
38.0
24.8
13.1
3.8
40.2
26.5
13.6
3.9
42.2
28.3
14.0
4.0
44.5
30.2
14.3
4 0
46.8
32.2
14.6
41
49.3
34.1
15.2
4 1
6.0
7.2
7.8
7.9
8.5
9.1
9.2
9.5
9.4
9.7
10.1
10.1
Less: Intermediate goods and services
consumed.
7
Equals: Gross housing product .
21.9
22.8
24.0
26.1
28.0
30.1
32.5
34.6
36.8
38.8
40 8
43 3
8
Less: Capital consumption allowances
with capital consumption adjust-
8.3
8.5
8.9
9.3
9.7
10.1
10.4
10.8
11.2
11.7
12.1
12.6
9
Indirect business tax and nontax
liability plus business transfer
payments.
4.1
4.3
4.5
5.0
5.5
6.1
6.8
7.3
7.9
8.4
9.0
9.7
10
Plus: Subsidies less current surplus of
government enterprises.
.7
.7
.7
.7
.7
.8
.8
.8
.8
.9
.9
.9
11
Equals: Income
10.1
10.6
11.3
12.6
13.6
14.7
16.1
17.2
18.5
19.5
20.6
22.0
.
.
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT BUSINESS.
1. Equals personal consumption expenditures for housing less expenditures for transient
hotels, motels, clubs, schools, and institutions shown as other housing expenditures in table
2.7.
Table 1.22.—Gross National Product: Quarterly
[Billions of
1946
1947
1948
Line
1949
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
1
Gross national product
47.8
50.7
53.4
57.7
53.6
56.3
58.0
64.8
59.8
62.5
65.8
71.0
62.1
62.5
65.2
68.2
2
Personal consumption expenditures
31.7
34.5
36.3
41.3
36.5
39.7
39.8
45.7
40.4
42.9
43.2
48.3
41.2
44.3
43.8
48.8
27
18.2
10.9
3.6
19.9
11.1
4.1
20.6
11.6
5.4
24.1
11.8
4.2
20.2
12.1
5.1
22.0
12.6
4.9
22.2
12.8
6.3
26.5
12.9
4.8
22.2
13.3
5.7
23.5
13.7
5.7
23.4
14.1
6.6
27.5
14.2
5.0
21.9
14.4
6.1
23.6
14.6
6.5
22.7
14.7
7.5
26.7
14.6
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
Durable goods
Nondurable gooods.
Services
.
_.
Gross private domestic investment
Fixed investment
.
Nonresidential
Structures
Producers' durable equipment
Residential
Nonfarm structures .
Farm structures
Producers' durable equipment
.
Change in business inventories
Nonfarm
_
Farm
Net exports of goods and services
Exports
Imports
Government purchases of goods and
services.
Federal
National defense
Nondefense
State and local
._ _. . . ._
-.
6.6
6.8
9.3
8.0
8.5
6.9
8.8
9.8
11.0
10.4
12.9
11.6
10.2
7.0
10.0
8.1
4.2
3.1
1.3
1.8
1.1
1.0
.1
0
5.7
3.9
1.7
2.3
1.8
1.6
.1
0
6.9
4.6
1.9
2.6
2.3
2.1
.2
0
7.5
5.2
1.9
3.3
2.3
2.1
.1
0
7.4
5.4
1.7
3.7
2.0
1.8
.1
.1
8.2
5.8
1.8
3.9
25
2.3
.2
.1
9.0
5.7
2.0
3.7
3.3
3.0
.2
.1
9.8
6.1
2.0
4.0
3.7
3.5
.2
.1
8.7
5.8
1.8
3.9
3.0
2.7
.2
.1
10.3
6.4
2.1
4.3
3.9
3.6
.2
.1
11.0
6.6
2.5
4.1
4.4
4.0
.2
.1
11.1
7.4
2.4
4.9
3.7
3.4
.2
.1
8.6
5.9
2.1
3.8
2.8
2.5
.2
.1
9.6
6.3
2.2
4.1
3.3
3.0
.2
.1
9.9
6.0
2.2
3.7
4.0
3.6
.2
.1
10.2
6.1
2.1
4.0
4.0
3.8
.2
.1
2.3
2.3
.0
1.1
1.1
.0
2.4
2.4
.0
.5
.6
.0
1.1
1.4
—.3
—1.3
—.7
—.6
-.2
.4
—.6
.0
.2
—.2
2.3
2.0
.3
.1
—.5
.6
1.9
1.4
.5
.4
.0
.4
1.6
1.7
—.1
—2.6
—2.3
—.3
.0
.3
—.3
-2.1
—1.9
—1
1.6
2.2
2.0
1.8
2.8
3.3
2.9
2.6
2.0
1.7
1.3
1.5
1.8
2.0
1.3
1.1
3.3
1.7
3.9
1.7
3.8
1.8
3.8
1.9
4.8
2.0
5.3
2.1
4.8
2.0
4.9
2.2
4.5
2.5
4.3
2.5
4.0
2.7
4.2
2.6
4.3
2.5
4.4
2.4
3.7
2.3
3.5
2.4
7.9
7.2
5.9
6.5
5.7
6.4
6.5
6.8
6.3
7.5
8.5
9.6
8.9
9.2
10.1
10.2
5.8
5.6
.2
2.1
4.8
4.3
.6
2.4
3.2
2.3
1.0
2.7
3.8
2.7
1.1
2.8
2.9
2.2
.7
2.8
3.3
2.3
1.0
3.1
3.1
2.1
1.1
3.4
3.3
2.5
.9
3.4
3.0
2.4
.7
3.3
3.8
2.7
1.1
3.7
4.3
2.7
1.6
4.2
5.5
29
2.6
4.1
4.9
3.3
1.7
3.9
4.8
3.4
1.4
4.5
5.2
3.3
1.9
4.9
5.5
3.2
2.3
4.7
•Revised estimates for 1973 and 1974 will be shown in the September 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT BUSNIESS.
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
63
Income in Constant Dollars: Annually, 1946-74
1972 dollars]
1962
1961
1960
1959
1958
1963
1965
1964
1967
1966
1968
1969
1970
1972
1971
1973*
1974*
Line
56.0
59.0
61.9
64.9
68.4
71.5
74.8
78.7
82.2
85.7
90.1
94.5
98.1
102.8
108.2
113.2
118.3
1
51.8
36.0
15.8
4.1
54.9
38.3
16.5
4.1
57.9
40.6
17.2
4.1
60.8
42.7
18.1
4.1
64.4
45.3
19.2
4.0
67.5
47.4
20.1
4.0
70.8
49.7
21.2
3.9
74.8
52.5
22.3
3.9
78.4
55.0
23.3
3.8
81.9
57.6
24.3
3.8
86.3
60.8
25.6
3.8
90.7
63.8
26.9
3.7
94.5
66.3
28.1
3.7
99.2
69.8
29.4
3.6
104.8
74.0
30.8
3.5
109.9
77.9
32.0
3.3
115.1
82.2
32.9
3.2
2
3
4
5
9.9
10.2
10.3
10.4
10.5
10.6
10.8
11.0
11.0
10.7
12.1
12.8
13.3
15.0
16.0
17.3
18.1
6
46.0
48.8
51.7
54.5
57.9
60.9
64.0
67.7
71.2
75.0
78.0
81.6
84.9
87.8
92.2
96.0
100.2
7
16.7
17.3
17.8
18.4
19.0
19.7
20.4
21.7
22.7
23.5
8
13.0
13.5
14.0
14.5
15.0
15.5
16.1
10.4
11.2
12.0
12.9
13.9
14.8
15.6
16.7
17.7
18.9
19.7
20.8
21.6
22.4
23.7
24.7
25.9
9
1.0
1.0
1.0
1.1
1.1
1.1
1.2
1.2
1.2
1.2
1.3
1.3
1.4
1.4
1.4
1.5
1.6
10
23.6
25.1
26.7
28.2
30.1
31.7
33.4
35.5
37.4
39.6
41.2
43.2
44.9
46.3
48.3
50.0
52.4
11
Totals Not Seasonally Adjusted, 1946-74
dollars]
1952
1951
1950
1953
1954
1955
Line
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
64.3
67.1
73.8
80.9
77.2
80.4
83.4
89.1
82.4
83.7
86.0
95.0
87.8
91.7
90.6
96.1
86.8
90.2
90.4
99.0
92.7
97.9 100.6 108.0
1
43.0
46.2
49.3
53.5
49.4
50.4
50.4
56.9
49.9
53.2
53.1
60.9
53.8
57.2
56.4
62.3
54.7
58.5
57.8
64.9
58.1
62.8
62.7
70.0
2
6.1
7.1
23.5
15.6
8.9
24.5
15.9
8.6
28.5
16.3
7.6
25.0
16.9
7.2
26.1
17.1
7.0
8.0
31.5
17.4
6.2
7.4
26.8
19.6
7.9
9.1
8.4
28.9
21.4
28.6
21.6
33.9
21.9
27.3
22.5
9.9
30.0
23.0
9.6
28.1
20.4
7.0
26.5
21.1
7.5
28.7
20.1
8.8
32.9
20.6
8.2
27.6
18.7
8.8
33.0
19.1
8.4
25.7
17.9
7.3
27.6
18.2
6.8
26.2
17.2
30.0
23.2
10.8
35.8
23.4
3
4
5
21.7
15.1
11.5
11.3
14.9
16.2
15.8
15.0
15.4
12.9
14.4
11.0
13.3
13.4
14.3
13.7
14.0
11.5
13.1
12.1
13.8
13.7
16.4
16.4
18.2
17.4
6
9.2
11.4
13.3
11.2
12.4
12.6
12.6
12.1
13.1
11.7
13.7
13.8
13.7
11.6
13.8
13.1
16.7
8.0
2.8
5.2
4.5
4.2
.2
1
7.8
3.0
4.8
4.7
7.5
2.6
4.9
7.2
3.0
4.3
4.9
4.6
.2
7.8
2.8
4.9
3.9
3.6
.2
9.0
3.5
5.5
4.7
4.4
.2
1
8.8
3.2
5.6
5.0
4.7
.2
1
8.1
3.1
5.0
5.0
4.7
.1
.1
9.6
9.9
3.9
60
7
8
9
1
8.7
3.4
5.3
5.1
4.9
.2
1
8.8
1
8.9
3.1
5.7
4.9
4.6
.2
1
7.9
3.0
.1
8.3
3.1
5.2
4.8
4.5
.2
.1
16.8
10.8
3.3
.2
1
7.1
2.5
4.6
4.2
3.9
.2
1
8.1
2.8
5.4
4.5
4.2
.2
15.9
7.2
2.5
4.7
14.3
8.4
14.5
6.5
2.2
4.3
4.9
4.6
.2
1
12.6
8.3
11.1
5.6
13.2
7.9
2.3
2.2
1
—.1
—.2
1
4.6
4.3
.3
2.6
2.3
2.9
2.6
1.1
.9
.2
.3
.1
.2
—.1
.1
.3
—1.6
—1.9
2.6
2.7
.3
2
.2
.4
—.2
—2.2
—2.2
1.9
3.7
3.6
6.1
5.8
.2
.1
1.6
1.3
.3
2.8
5.1
5.3
5.0
.2
1
3.0
2.6
.3
4.4
.2
.1
3.0
5.3
4.4
4.1
.2
1
.3
.0
.3
3.6
3.3
.2
.1
3.3
3.0
.3
.3
— 1
—.1
4.8
3.8
3.5
.2
1
1.5
1.4
.1
—1.7
—1.8
.1
3.4
5.0
5.8
5.5
.2
.1
—.5
—.7
2
3.5
5.3
5.7
5.4
.2
1
—.8
—1.1
3
3.3
3.1
.2
3.4
6.2
6.3
6.0
.2
1
.5
.4
.1
6.8
6.5
.2
.1
4.0
6.7
6.0
5.8
.2
1
10
11
12
13
14
1.5
1.4
.1
.6
.5
.1
15
16
17
.7
.8
.4
.2
1.0
1.0
1.7
1.1
.9
.1
.3
.1
.1
—.1
.5
.2
.5
.2
1.1
.6
.5
.3
.9
18
3.2
2.5
3.5
2.7
3.4
3.3
3.9
4.1
4.9
3.9
5.0
3.9
4.7
3.8
4.0
4.0
4.5
4.1
4.0
4.4
4.3
4.1
4.3
4.5
4.0
4.0
3.9
5.2
3.6
4.1
3.5
4.7
3.7
3.8
4.7
4.3
4.2
4.0
5.0
3.9
4.8
4.1
4.9
4.5
4.9
4.6
5.5
4.6
19
20
9.2
8.7
9.6
10.9
11.8
14.0
16.6
17.6
17.0
18.6
19.6
20.4
19.6
20.7
20.4
21.8
18.8
19.1
18.6
19.3
17.5
18.2
19.4
19.8
21
4.8
3.1
1.7
4.5
3.8
4.3
3.4
5.8
6.9
6.0
8.6
7.7
10.8
14.4
12.4
2.0
5.9
14.0
12.1
14.5
12.7
1.8
6.2
13.6
11.6
15.4
12.2
12.7
10.8
12.2
11.0
12.1
10.1
12.0
.9
5.4
13.5
11.5
11.2
1.0
4.9
12.7
11.4
1.3
5.9
10.5
1.3
5.1
11.7
10.4
10.7
1.0
5.3
12.0
10.5
1.6
5.6
11.0
4.5
9.3
1.4
6.9
9.9
.6
9.7
1.5
8.2
9.6
2.5
22
23
24
25
3.0
.8
4.9
0
9.4
1.4
5.8
1.3
5.3
2.0
6.2
1.9
5.7
2.1
6.7
3.2
6.4
1.9
6.1
1.2
6.9
9.2
1.9
7.6
2.0
7.1
7.7
7.8
64
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
Table 1.22.—Gross National Product: Quarterly Totals
[Billions of
1956
1957
1958
II
III
IV
I
II
III
IV
111.2
II
1959
III
IV
II
III
IV
Gross national product
99.0
103.3
104.4
114.0
104.9
109.4
117.3
104.2
109.5
112.0
123.2
115.1
123.0
120.4
128.0
Personal consumption expenditures
62.4
65.3
65.3
73.0
65.2
69.2
76.3
67.5
71.2
71.3
79.4
72.6
77.5
77.0
83.6
8.6
29.5
24.3
9.5
31.2
24.6
8.9
31.3
25.1
10.9
36.9
25.2
9.0
30.2
26.0
10.0
32.8
26.4
10.9
38.6
26.8
8.2
31.6
27.8
9.1
33.9
28.1
8.6
34.3
28.4
10.9
40.0
28.6
33.4
30.1
11.3
36.1
30.2
10.3
36.3
30.5
11.6
40.8
31.2
Durable goods
Nondurable goods
Services
Gross private domestic investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Nonfarm structures
Farm structures
Producers' durable equipment
Change in business inventories
Nonfarm
Farm
Net exports of goods and services
Exports
Imports
Government purchases of goods and
services.
Federal
National defense
Nondefense
State and local
33.5
26.7
17.9
16.9
18.4
17.8
17.6
17.0
18.1
16.5
14.4
14.2
16.0
17.3
19.1
21.0
18.9
18.5
14.5
9.7
3.7
6.0
4.7
4.4
.2
.1
16.9
11.1
4.3
6.8
5.9
5.6
.2
.1
17.3
11.0
4.7
6.4
6.3
6.0
.2
.1
17.6
11.9
4.7
7.2
5.7
5.4
.2
.1
15.1
10.6
4.1
6.5
4.5
4.2
.2
.1
17.4
12.0
4.5
7.5
5.4
5.1
.2
.1
17.7
11.8
4.8
7.0
5.9
5.6
.2
.1
17.7
12.3
4.7
7.5
5.4
5.2
.2
.1
14.0
9.9
3.9
5.9
4.2
3.9
.1
.1
15.7
10.6
4.1
6.5
5.1
4.9
.2
.1
16.3
10.2
4.3
5.9
6.1
5.8
.2
.1
17.3
11.0
4.4
6.6
6.3
6.0
.2
.1
15.9
10.5
3.7
6.8
5.4
5.1
.1
.2
18.6
11.7
4.2
7.5
7.0
6.6
.2
.2
19.4
11.7
4.6
7.1
7.7
7.4
.2
.1
18.4
11.5
4.6
6.9
6.9
6.6
.2
.1
3.5
3.6
-.1
.0
.2
-.2
1.1
1.2
-.1
.1
.1
.1
2.5
2.5
.0
-.4
-.5
.1
.5
.3
.2
-1.2
-1.5
.4
.2
.2
-1.6
-1.8
.2
-.5
.2
.0
-.2
.2
3.2
3.2
.0
2.4
2.5
.0
-.5
.0
.1
.1
.0
.6
1.1
.7
1.8
1.7
1.7
1.1
1.6
.7
.7
.3
.8
-.2
.6
5.4
4.8
6.0
4.9
5.8
5.1
6.6
4.8
6.8
5.0
7.0
5.3
6.3
5.3
6.6
5.1
5.6
4.9
6.0
5.2
5.6
5.3
6.1
5.4
5.5
5.3
5.9
5.9
6.0
6.1
6.5
5.8
18.1
20.0
19.9
21.4
20.5
21.5
22.2
22.9
21.5
23.4
24.4
25.7
23.2
24.5
24.7
25.3
10.7
9.2
1.4
7.4
11.6
10.6
1.0
8.4
10.9
9.4
1.4
9.1
12.8
11.0
1.8
8.6
12.2
10.5
1.7
8.2
12.2
11.4
.8
9.3
12.2
10.8
1.4
10.0
13.3
11.4
1.9
9.6
12.4
10.8
1.7
9.1
13.2
11.7
1.5
10.2
13.3
11.0
2.3
11.1
15.0
12.1
2.9
10.8
13.1
11.2
2.0
10.1
13.5
11.7
1.7
11.0
13.1
10.9
2.2
11.6
14.2
11.8
2.4
11.0
1967
1966
II
III
IV
1968
III
III
II
IV
IV
Gross national product
175.2
188.1
188.3
201.4
187.2
197.5
198.8
212.7
201.2
217.2
216.7
233.4
Personal consumption expenditures
107.8
114.9
116.0
126.0
114.0
121.8
122.6
131.9
123.6
132.2
134.4
145.7
15.3
45.5
47.1
16.9
50.6
47.4
16.1
51.4
48.5
19.4
57.2
49.4
14.9
48.0
51.2
18.0
52.3
51.5
16.9
53.2
52.5
19.9
59.1
53.0
17.2
51.3
55.0
20.1
56.7
55.4
19.6
57.8
57.1
23.1
64.6
58.0
30; 0
32.5
30.6
31.3
29.7
29.5
30.1
31.5
30.7
33.7
32.8
34.3
32.8
23.5
8.7
14.8
9.3
8.9
.2
.2
1.5
1.5
.0
Durable goods
Nondurable goods
Services
Gross private domestic investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Nonfarm structures
Farm structures
Producers' durable equipment
Change in business inventories
Nonfarm
Farm
Net exports of goods and services
Exports
Imports
.•
Government purchases of goods and
services.
Federal
National defense
Nondefense
State and local
25.4
19.1
6.2
12.8
6.3
6.0
.2
.2
28.5
20.8
7.3
13.5
7.7
7.4
.1
.2
4.7
4.4
.2
4.0
4.1
-.1
28.9
2G.8
8.0
12.8
8.2
7.8
.2
.2
1.7
1.8
-.1
27.4
20.8
7.8
13.1
6.5
6.2
.2
.2
3.9
4.1
-.2
24.6
19.5
6.4
131
5.1
4.8
.2
.2
27.9
20.9
7.3
13.6
7.1
6.7
.2
.2
29.0
20.7
7.9
12.8
8.3
8.0
.2
.2
29.2
21.1
7.9
13.2
8.1
7.7
.2
.2
27.6
20.8
6.7
14.1
6.8
6.4
.1
.2
31.1
22.3
7.8
14.6
8.7
8.4
.2
.2
32.4
22.6
8.4
14.2
9.7
9.3
.2
.2
5.1
5.1
0
1.5
1.4
.1
1.1
.8
.3
2.3
2.1
.3
3.1
3.1
.0
2.7
2.7
.0
.4
.4
.0
1.7
1.5
.2
1.7
1.5
1.5
.5
1.6
.7
1.0
-.3
.8
10.2
8.5
10.8
9.3
10.3
10.1
11.5
9.8
11.1
9.6
11.6
10.1
10.9
10.4
12.0
10.5
11.6
10.9
12.9
11.8
12.4
12.8
13.0
12.2
35.7
39.1
41.4
42.5
42.0
44.8
45.7
47.7
46.2
50.2
49.9
52.5
17.7
13.4
4.3
18.0
19.2
15.2
4.0
19.9
20.4
15.5
4.9
21.0
21.5
16.3
5.2
21.0
21.7
17.1
4.5
20.4
22.4
18.1
4.3
22.4
22.3
17.5
4.8
23.4
24.6
18.7
5.8
23.1
23.3
18.5
4.8
22.9
24.9
20.2
4.7
25.3
23.4
18.1
5.3
26.5
26.4
20.0
6.4
26.1
Table 1.23.—-Gross National Product Originating in Government, Farm, and
[Billions of
1909
Line
1910
1911
1912
1913
1914
1915
1916
1917
1918
Current dollars
1
Gross national product.. .
2
3
4
GovernmentFarm
All other industries1
5
Gross national product..
6
7
8
Government .
Farm
All other industries l
.. . .
.
33.4
35.4
35.8
39.4
39.6
38.6
40.0
48.3
60.4
76.4
1.0
5.4
27.0
1.1
5.8
28.5
1.1
5.1
29.6
1.2
6.3
32.0
1.3
5.6
32.7
1.4
6.1
31.1
1.5
6.3
32.3
1.5
6.8
40.0
2.2
10.9
47.3
5.1
12.0
59.3
180.4
185.6
191.4
200.9
202.9
195.5
192.9
207.3
210.6
243.0
12.8
19.8
147.8
13.4
20.3
151.9
14.0
19.7
157.7
14.5
22.1
164.3
14.9
20.0
167.9
15.7
22.0
157.9
16.3
22.8
153.8
16.8
21.7
166.8
21.3
22.5
166.8
41.8
21.9
179.3
1972 dollars
._ . .
.. _ . .
Digitized 1.for
FRASER
Consists
of nonfarm business, households and institutions, and rest of the world, for which
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
65
Not Seasonally Adjusted, 1946-74—Continued
dollars]
1963
1962
1961
1960
1964
1965
Line
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
121.9
127.1
125.6
131.4
121.6
129.7
131.0
141.0
133.2
141.7
139.7
149.1
139.7
147.8
148.7
158.6
149.9
159.0
158.3
168.5
159.3
171.1 171.2 186.6
1
76.2
82.0
80.0
86.8
78.3
83.3
82.8
90.7
82.9
88.7
87.5
96.1
87.3
93.2
93.0
101.1
93.5
99.2
99.7
108.0
98.8
106.4 106.6 118.3
2
9.7
34.1
32.4
11.5
37.8
32.6
10.1
37.4
32.5
11.8
41.8
33.2
8.8
35.3
34.2
10.6
38.3
34.5
9.8
38.6
34.3
12.4
43.1
35.2
10.0
36.6
36.4
12.1
40.1
36.5
10.9
39.8
36.7
13.7
45.0
37.4
10.9
37.8
38.5
13.4
41.4
38.5
12.2
41.6
39.2
15.0
46.3
39.9
12.4
40.0
41.1
14.6
43.3
41.3
13.7
44.1
41.9
15.7
49.5
42.8
13.6
41.2
44.0
14.8
46.9
44.8
18.5
54.1
45.7
3
4
5
21.8
19.7
18.7
16.3
16.5
18.3
20.1
19.4
21.3
22.0
21.9
20.0
21.8
22.8
23.2
22.5
23.4
24.7
24.3
24.2
27.2
28.2
28.2
28.4
6
17.1
11.7
4.2
7.5
5.4
5.2
.1
1
18.8
12.5
4.4
8.1
6.3
6.0
.1
1
18.8
11.9
4.7
7.2
6.9
6.6
.2
1
17.9
11.6
4.9
6.7
6.3
6.1
.1
1
15.9
11.0
4.2
6.8
4.8
4.6
.1
.1
18.1
12.1
4.5
7.6
6.1
5.8
.2
.1
19.1
11.9
4.8
7.0
7.2
7.0
.2
.1
19.0
12.1
4.8
7.3
6.9
6.5
.2
.1
17.4
12.1
4.3
7.8
5.3
5.1
.1
.1
20.2
13.2
4.7
8.5
6.9
6.6
.2
.1
21.0
13.0
5.3
7.7
7.9
7.6
.2
.1
20.1
12.9
5.2
7.7
7.2
6.9
.2
.1
18.2
12.4
4.0
8.4
5.8
5.5
.1
.1
21.3
13.6
5.0
8.7
7.7
7.4
.2
.2
22.4
13.7
5.3
8.4
8.7
8.4
.2
.2
22.3
13.9
5.3
8.6
8.4
8.1
.2
.1
20.3
13.7
4.3
9.4
6.6
6.3
.2
.2
23.0
15.2
5.4.
9.8
7.9
7.5
.2
.2
24.0
15.2
5.8
9.4
8.8
8.4
.2
9
23.5
15.6
6.0
9.6
7.9
7.6
.2
.2
22.4
16.1
5.1
11.0
6.4
6.0
.2
2
25.8
17.9
6.5
11.4
7.9
7.7
.1
2
27.2
18.2
7.0
11.2
8.9
8.5
.2
2
27.1
19.0
7.5
11.5
8.0
7.7
.1
2
7
8
9
10
11
12
13
14
.2
.1
.1
1.0
.9
.1
.4
.4
.1
3.9
3.7
.1
1.8
1.7
.2
1.0
.8
.2
-.2
-.4
.2
3.7
3.4
.2
1.4
1.2
.2
.8
.6
.2
.1
.0
.2
3.2
3.3
-.1
1.6
1.8
—.1
.3
.5
-.2
.7
.9
-.2
4.8
4.6
1
2.3
2.1
2
1.1
.8
3
1.3
1.0
3
15
16
17
.8
1.8
1.3
1.6
.8
1.7
1.4
1.8
.7
2.4
2.5
2.2
1.4
2.8
1.9
2.3
1.1
2.3
18
8.0
6.4
8.1
6.4
7.4
6.0
8.4
6.6
7.8
7.1
9.1
6.7
9.0
6.5
9.3
7.1
8.9
7.5
8.7
6.8
30.0
31.9
32.6
30.4
32.9
32.9
31.3
35.4
10.8
8.5
37.6
19
20
29.1
10.5
8.2
34.1
9.6
8.5
31.4
10.1
7.4
33.6
17.2
13.0
4.2
14.2
15.9
12.5
3.4
13.3
15.3
12.7
2.6
14.7
16.1
12.4
3.8
15.8
17.3
12.8
4.5
15.3
15.8
12.0
3.8
14.6
16.6
13.1
3.6
16.3
15.7
11.7
4.0
17.2
17.0
12.2
4.8
16.5
15.4
11.4
3.9
16.0
16.4
12.5
3.9
17.7
16.4 19.1
11.9 13.6
4.5
5.5
18.9. 18.5
22
23
24
25
4.6
4.6
.0
.9
.9
,1
-!3
.1
-1.7
-1.8
.1
.6
.5
.1
.7
1.0
.7
2.0
1.7
1.5
6.9
6.1
7.8
6.0
7.2
5.9
6.4
5.7
7.0
6.0
6.7
6.0
7.4
5.4
7.0
5.3
7.2
5.7
23.2
24.4
26.3
26.4
25.2
26.6
27.4
29.0
27.8
29.3
7.3
6.5
29.6
12.7
10.8
1.9
10.5
12.9
11.0
1.9
11.6
13.9
11.1
2.8
12.4
14.3
11.6
2.7
12.1
13.6
11.5
2.0
11.6
14.1
12.0
2.1
12.5
14.0
11.1
2.9
13.4
15.7
12.4
3.3
13.3
15.3
12.6
2.7
12.5
16.0
13.6
2.4
13.4
15.3
11.9
3.4
14.3
1971
1970
1969
1972
II
III
15.9
46.3
44.2
1973*
IV
21
1974I*
Line
II
III
IV
I
II
III
IV
I
II
260.3 248.9
265.1
264.7
284.7
270.2
290.8
291.3
318.8
303.3
324.0
324.0
355.1
328.7
352.4 349.4 376.5
1
166.3
154.3
166.2
166.7
181.0
168.8
181.3
183.5
199.5
187.0
200.9
202.2
218.3
201.6
220.8 225.3 238.2
2
20.6
65.9
68.2
23.1
74.2
69.0
20.7
62.0
71.6
24.7
69.0
72.5
23.7
68.9
74.1
28.0
77.7
75.2
23.8
66.5
78.4
28.2
73.5
79.6
27.3
74.8
81.4
31.9
84.6
83.0
28.1
73.5
85.4
31.8
82.1
86.9
30.1
83.4
88.7
32.9
95.3
90.2
26.0
82.4
93.1
31.8
93.4
95.6
31.7 32.5
94.9 104.9
98.8 100.8
3
4
5
I
II
III
IV
I
II
III
219.6
234.1
234.9
247.0
231.4
245.7
245.0
134.1
143.8
144.9
156.9
144.2
153.6
154.7
18.9
55.0
60.2
22.0
60.9
60.9
20.7
61.7
62.5
24.0
69.4
63.6
19.0
59.5
65.8
22.3
65.2
66.1
IV
I
III
IV
I
II
III
IV
35.4
37.7
37.5
35.7
34.0
36.2
35.2
35.5
37.8
40.5
39.9
41.8
41.2
47.1
46.8
53.2
50.2
54.6
53.8
61.9
52.3
55.4
49.3
55.3
6
31.2
23.2
7.4
15.8
8.1
7.7
.2
.2
35.0
25.0
8.7
16.3
10.0
9.6
.1
.2
35.9
25.4
9.8
15.6
10.6
10.0
.3
.2
34.7
25.4
9.8
15.6
9.3
8.9
.1
.2
31.6
24.0
8.1
15.9
7.6
7.3
.1
.2
35.0
25.9
9.5
16.4
9.1
8.7
.1
.2
35.6
25.8
10.0
15.7
9.8
9.5
.1
.2
34.8
24.8
10.0
14.8
10.0
9.6
.2
.2
33.4
24.3
8.5
15.8
9.1
8.8
.1
.2
38.7
26.3
9.9
16.5
12.4
12.0
.2
.3
40.6
26.4
10.5
15.9
14.1
13.7
.2
.3
40.8
27.0
10.4
16.5
13.9
13.5
.2
.3
38.3
25.6
9.3
16.4
12.7
12.3
.1
.3
44.9
29.4
10.6
18.8
15.5
15.1
.2
.3
46.0
29.0
11.1
17.9
17.0
16.5
.2
.3
49.6
32.8
11.5
21.3
16.8
16.4
.2
.3
45.2
30.5
10.2
20.3
14.6
14.2
.1
.3
52.2
34.7
12.1
22.6
17.5
17.0
.1
.3
52.2
33.8
13.1
20.6
18.4
17.9
.2
.3
53.4
37.5
13.5
24.0
16.0
15.5
.2
.3
46.2
33.8
11.8
22.0
12.4
11.9
.2
.3
52.5
37.9
13.7
24.2
14.6
14.0
.2
.4
51.7
36.5
14.2
22.3
15.2
14.6
.3
.4
52.1
39.7
14.7
25.0
12.4
11.8
.3
.3
7
1C
11
12
13
14
4.2
4.1
.0
2.7
2.6
.0
1.5
1.5
.0
1.0
1.0
.0
2.4
2.3
.0
1.2
1.2
.0
-.4
-.5
.0
.6
.6
.0
4.3
3.9
.4
1.7
1.4
.3
-.6
-1.0
.3
1.0
.7
.2
2.9
2.7
.2
2.2
2.0
.2
.8
.6
.1
3.6
3.4
.1
5.0
4.5
.6
2.4
1.6
.8
1.6
.5
1.2
8.4
7.5
.9
6.0
5.9
.2
2.9 - . 2 4
3.3 - 1 . 6
-.4 -.8
3.2
4.1
-.8
15
16
17
.7
.5
-.6
1.2
1.4
1.4
-.2
1.4
1.6
.4
-1.1
.7
-.6
-1.2
-2.0
.5
1.2
1.1
.8
4.2
5.1
3.5
18
11.5
10.9
14.5
14.0
13.6
14.2
15.1
13.9
15.0
13.6
16.2
14.9
15.1
15.3
16.1
14.7
16.1
14.5
17.1
16.7
16.1
17.2
16.3
15.6
17.2
17.8
17.7
18.9
17.4
19.4
20.4
19.9
22.3
21.1
24.9
23.7
24.9
24.1
29.5
25.2
36.5
35.5
35.0
36.8
39.4
35.9
19
20
49.4
52.2
53.1
53.2
51.8
54.6
55.3
57.2
55.3
58.1
59.2
61.2
60.9
63.6
63.1
65.5
64.8
67.3
67.2
70.7
33.3
28.2
69.7
75.2
76.6
79.5
21
23.7
18.2
5.5
25.7
24.4
19.7
4.7
27.7
24.3
19.2
5.1
28.8
25.0
19.1
5.9
28.2
23.6
18.2
5.4
28.2
24.1
18.8
5.3
30.5
22.9
17.8
5.1
32.3
25.0
18.7
6.3
32.1
23.1
17.4
5.7
32.2
23.8
18.2
5.6
34.3
23.6
16.6
7.0
35.6
25.8
18.0
7.8
35.5
25.4
18.4
7.0
35.5
26.1
19.4
6.7
37.5
24.2
17.2
7.0
38.9
26.5
18.5
7.9
39.1
25.4
18.3
7.1
39.4
25.5
19.1
6.4
41.8
23.8
17.2
6.7
43.3
27.2
18.7
8.5
43.5
25.7
18.2
7.4
44.0
27.8
19.9
7.9
47.5
27.7
18.9
8.8
49.0
30.6
20.4
10.2
48.9
22
23
24
25
1.0 - 1 . 8
All Other Industries, in Current and Constant Dollars: Annually, 1909-28
dollars]
Line
1919
1920
1921
1922
1923
1924
1925
1926
1927
1928
Current dollars
1
Gross national product
o
3
4
Government
Farm.
All other industries
5
Gross national product
. . . .
l
84.2
91.5
69.6
74.2
85.3
84.9
93.3
97.2
95.1
97.1
3.6
12.7
68.0
2.9
12.1
76.5
3.2
7.0
59.5
3.2
7.8
63.3
3.2
8.6
73.5
3.4
8.3
73.2
3.5
10.1
79.6
3.7
9.4
84.0
3.9
9.1
82.0
4.1
9.4
83.5
227.6
213.4
199.0
228.7
253.4
255.6
275.2
290.9
292.3
295.2
29.3
21.7
176.7
22.0
21.7
169.7
21.7
19.0
158.3
21.3
21.1
186.4
21.6
21.8
210.0
22.4
21.3
211.8
23.3
23.3
228.6
23.9
22.3
244.8
24.8
22.8
244.8
25.3
22.1
247.8
1972 dollars
6
7
8
Government
_ .
Farm
All other industries 1
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
66
2. Personal Income and Outlay
Table 2.1.—Personal Income and Its Disposition: Annually, 1946-74 ,
[Millions of
1946
Line
Personal income..
Wage and salary disbursements
Commodity-producing industries »._.
Manufacturing
Distributive industries 2
Service industries *
Government and government enterprises.
Other labor income
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
177,317
189,779
208,471
205,635
226,102
253,677
270,410
286,146
288,177
308,796
330,903
349,294
112,035
46,022
36,475
30,993
14,320
20,700
123,082
54,244
42,461
35,203
16,122
17,513
135,502
60,941
47,145
37,537
18,017
19,007
134,765
57,692
44,638
37,655
18,605
20,813
147,002
64,604
50,288
171,267
76,147
59,325
44,260
21,691
29,169
185,356
81,897
64,146
46,861
23,269
198,622
89,448
71,241
49,730
25,049
34,395
196,795
211,669
92,923
73,830
53,381
28,791
36,574
228,349
100,366
79,408
57,698
31,507
38,778
239,254
103,973
.82,430
60,486
33,807
40,988
19,960
22,618
67,519
50.115
26,287
34,884
1,957
2,378
2,715
2,938
3,654
4,626
5,187
5,876
6.115
7,022
8,048
9,039
Proprietors' income with inventory
valuation and capital consumption
adjustments.
Farm
Nonfarm
36,562
35,841
40,711
36,123
38,355
42,819
42,939
41,299
40,799
42,479
43,600
44,979
14,928
21,634
15,202
20,639
17,505
23,206
12,659
23,464
13,473
24,882
15,784
27,035
14,896
28,043
12,940
28,359
12,300
28,499
11,259
31,220
11,205
32,395
11,043
33,936
Rental income of persons with capital
consumption adjustment.
5,467
5,252
5,701
6,116
7,071
7,710
8,803
10,026
11,029
11,270
11,634
12,247
Dividends
5,560
6,302
7,015
7,210
8,803
8,520
8,493
8,795
9,149
10,311
11,085
11,514
Personal interest income.
6,421
7,312
7,678
8,244
8,929
9,599
10,276
11,412
12,732
13,800
15,331
17,357
Transfer payments
Old-age, survivors, disability, and
health insurance benefits.
Government unemployment insurance benefits.
Veterans benefits
Government employee retirement
benefits.
Aid to families with dependent
children.
Other
11,326
378
1,133
11,730
463
11,327
552
14,101
2,979
1,046
17,481
4,915
18,676
5,652
21,596
7,321
884
13,149
2,177
1,068
16,181
3,633
850
15,182
954
1,457
12,578
829
12,473
664
1,865
2,221
1,516
1,520
1,899
6,971
726
6,958
722
5,935
746
5,282
865
7,707
987
4,582
1,106
4,322
1,232
4,074
1,404
4,160
1,522
4,448
1,679
4,379
1,945
4,523
2,198
475
551
552
545
573
613
2,463
2,880
3,322
3,526
3,582
3,811
4,063
4,072
4,310
4,547
4,941
Less: Personal contributions for social
insurance.
2,011
2,118
2,178
2,234
2,894
3,442
3,793
3,985
4,623
5,236
5,820
6,692
295
2,118
1,872
714
18,673
21,392
21,026
18,506
20,591
28,921
34,033
35,469
32,504
35,383
39,651
42,379
Equals: Disposable personal income
158,644
168,387
187,445
187,129
205,511
224,756
236,377
250,677
255,673
273,413
291,252
306,915
Less: Personal outlays
145,196
163,451
176,850
180,389
194,^73
209,960
220,360
233,700
240,116
258,513
271,590
286,352
143,808
727
661
161,742
1,046
663
174,749
1,423
678
178,135
1,748
506
191,966
2,269
438
207,066
2,508
386
217,093
2,863
404
229,665
3,569
466
235,841
3,807
468
253,665
4,437
411
266,007
5,091
492
280,409
5,450
13,448
4,936
10,595
6,740
10,838
14,796
16,017
16,977
15,557
14,900
19,662
20,563
332.4
318.8
335.5
336.1
361.9
371.6
382.1
397.5
402.1
425.9
444.9
453.9
1,122
2,351
141.4
1,168
2,212
144.1
1,278
2,288
146.6
1,254
2,253
149.2
1,355
2,386
151.7
1,457
2,408
154.3
1,506
2,434
157.0
1,571
2,491
159.6
1,574
2,476
162.4
1,654
2,577
165.3
1,731
2,643
168.2
1,792
2,650
171.3
8.5
2.9
5.7
3.6
5.3
6.6
6.8
6.8
6.1
5.4
6.8
6.7
Less: Personal tax and nontax payments..
Personal consumption expenditures
Interest paid by consumers to business.
Personal transfer payments to foreigners (net).
Equals: Personal saving
Addenda:
Disposable personal income:
Total, billions of 1972 dollars
Per capita:
Current dollars
1972 dollars
Population (mid-period, millions)
Personal saving as percentage of disposable personal income.
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT BUSINESS.
1. Consists of agriculture, forestry, and fisheries; mining; contract construction; and
manufacturing.
2. Consists of transportation; communication; electric, gas, and sanitary services; and
trade.
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
67
and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-74
dollars]
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
359,267
382,097
399,724
414,967
440,716
463,085
495,651
537,031
584,875
626,626
240,499
99,817
78,629
60,778
35,809
44,095
258,935
109,333
86,837
64,797
38,779
46,026
271,932
112,851
89,671
68,241
41,690
49,150
279,462
113,401
89,799
69,253
44,373
52,435
298,043
121,483
96,651
72,789
47,463
56,308
313,385
126,594
100,585
76,256
50,551
59,984
336,133
135,105
107,131
81,448
54,701
64,879
362,005
145,692
115,506
87,222
59,231
69,860
398,363
160,659
128,006
94,369
65,002
78,333
427,490
168,005
134,108
100,904
72,161
86,420
1969
1970
685,220
745,827
801,271
859,092
942,536 1,054,278 1,154,720
1
469,536
182,997
145,821
109,936
80,230
96,373
514,570
199,110
157,490
120,708
89,881
104,871
546,453
202,452
158,173
130, 111
97,918
115,972
579,431
207,767
160,341
139,339
106,752
125,573
633,761
226,677
175,370
151,925
117,903
137,256
700,971
253,414
196,184
168,139
130,808
148,610
763,592
273,655
211,240
184,310
145,040
160,587
2
3
4
5
6
7
1971
1972
1973*
1974*
Line
9,399
10,574
11,220
11,824
13,038
13,961
15,725
17,840
19,895
21,651
25,075
28,197
32,017
36,184
41,956
47,549
54,486
8
47,381
47,224
46,978
48,256
49,613
50,342
52,247
56,674
60,306
60,974
63,407
66,218
65,140
67,715
76,138
91,742
85,113
9
13,102
34,279
10,661
36,563
11,420
35,558
11,808
36,448
11,872
37,741
11,601
38,741
10,279
41,968
12,568
44,106
13,596
46,710
12,080
48,894
12,003
51,404
13,944
52,274
13,932
51,208
14,289
53,426
18,003
58,135
32,421
59,321
25,629
59,484
10
11
12,867
13,230
13,758
14,287
15,028
15,680
16,098
17,117
18,181
19,376
18,624
18,105
18,644
20,108
21,543
21,331
20,965
12
11,304
12,171
12,890
13,347
14,410
15,504
17,325
19,120
19,439
20,103
21,943
22,592
22,884
22,982
24,597
27,822
31,075
13
18,777
20,919
23,284
24,628
27,132
30,152
33,257
37,187
41,816
45,048
49,564
55,941
64,284
69,331
74,612
88,419
106,545
14
25,901
8,478
4,146
26,980
10,175
28,940
11,130
32,817
12,614
35,838
15,245
37,430
16,018
15
16
1,875
2,141
3,986
104,099
49,555
5,615
140,359
70,127
2,688
94,111
44,451
5,796
118,646
60,367
2,971
66,512
32,918
2,243
79,881
38,455
4,295
52,595
25,463
2,191
59,920
30,226
2,996
40,414
18,067
2,299
44,667
19,786
2,754
33,770
14,298
3,104
4,282
6,639
17
4,666
2,464
4,592
2,758
4,571
3,067
4,958
3,383
4,650
3,715
4,841
4,160
4,717
4,712
4,915
5,160
4,862
6,094
5,592
6,^31
5,920
7,664
6,697
8,634
7,656
10,084
8,754
11,749
9,738
13,455
10,419
15,621
11,736
18,469
18
19
20
836
934
991
1,146
1,288
1,356
1,500
1,650
1,854
2,256
2,833
3,541
4,823
6,172
6,875
7,178
7,887
5,311
5,767
6,185
6,421
6,715
7,265
7,795
8,323
10,196
10,162
11,136
12,479
14,877
17,189
18,861
20,779
25,501
21
6,861
7,936
9,278
9,654
10,318
11,777
12,564
13,326
17,792
20,611
22,849
26,308
28,032
30,770
34,170
42,202
47,415
22
23
42,136
45,980
50,354
52,066
56,835
60,320
58,618
64,874
74,477
82,078
97,082
115,400
115,336
116,281
141,237
151,205
171,167
317,131
336,117
349,370
362,901
383,881
402,765
437,033
472,157
510,398
544,548
588,138
630,427
685,935
742,811
801,299
903,073
983,553
24
295,444
317,307
332,304
342,730
363,486
383,971
410,901
441,881
477,398
503,679
550,067
595,318
635,361
685,475
751,929
830,400
909,520
25
289,461
5,560
423
310,768
6,103
436
324,903
6,987
414
334,995
7,311
424
355,217
7,802
467
374,578
8,830
563
400,381
9,918
602
430,154
11,063
664
464,793
11,965
640
490,358
12,459
862
535,932
13,318
817
579,711
14,686
921
618,796
15,515
1,050
668,171
16,246
1,058
733,034
17,861
1,034
808,549
20,641
1,210
885,862
22,629
1,029
26
27
28
21,687
18,810
17,066
20,171
20,395
18,794
26,132
30,276
33,000
40,869
38,071
35,109
50,574
57,336
49,370
72,673
74,033
29
459.0
477.4
487.3
500.6
521.6
539.2
577.3
612.4
643.6
669.8
695.2
712.3
741.6
769.0
801.3
856.0
843.5
30
1,821
2,636
174.1
1,898
2,696
177.1
1,934
2,697
180.7
1,976
2,725
183.7
2,058
2,796
186.5
2,128
2,849
189.2
2,278
3,009
191.9
2,430
3,152
194.3
2,597
3,274
196.6
2,740
3,371
198.7
2,930
3,464
200.7
3,111
3,515
202.7
3,348
3,619
204.9
3,588
3,714
207.1
3,837
3,837
208.8
4,292
4,068
210.4
4,642
3,981
211.9
31
32
33
6.8
5.6
4.9
5.6
5.3
4.7
6.0
6.4
0.5
7.5
6.5
5.6
7.4
7.7
6.2
8.0
7.5
34
3. Consists of finance, insurance, and real estate; services; and rest of the world.
NOTE.—The industry classification of wage and salary disbursements and proprietors'
income is on an establishment basis and is based on the 1967 Standard Industrial Classification
beginning with 1948 and on the 1942 Standard Industrial Classification prior to 1948.
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
68
Table 2.1.—Personal Income and Its Disposition: Annually, 1946-74, and
[Billions of
1946
Line
Personal income.
Wage and salary disbursements
Commodity-producing industries'...
Manufacturing
2
Distributive industries
Service industries 3
Government and government enterprises.
8
Other labor income
9
Proprietors' income with inventory
valuation and capital consumption
adjustments.
Farm
Nonfarm
10
1947
III
IV
II
1948
III
IV
II
1949
III
IV
II
III
IV
169.4
174.8
180.8
184.2
186.5
184.7
192.3
195.7
201.6
207.0
212.7
212.8
207.0
205.5
204.6
205.6
106.8
40.2
31.5
28.2
13.5
24.9
110.4
44.9
35.9
31.0
14.0
20.4
113.5
48.1
38.3
31.9
14.6
18.9
117.2
50.7
40.2
32.7
15.2
18.6
119.6
52.3
41.2
33.8
15.6
17.9
121.4
53.4
41.9
34.3
16.1
17.6
123.4
127.8
56.9
44.3
36.9
16.4
17.5
131.2
59.3
46.1
36.6
17.5
17.9
133.0
138.2
62.3
48.0
38.2
18.3
19.5
139.4
62.5
48.0
38.3
18.4
20.3
136.8
60.2
46.4
37.9
18.4
20.4
134.9
57.6
44.5
38.2
18.5
20.6
133.9
57.0
44.4
37.4
18.5
20.9
133.4
54.3
42.3
35.8
16.3
17.0
59.7
46.4
37.1
17.9
18.3
55.9
43.3
37.2
19.0
21.4
1.9
1.9
2.0
2.1
2.2
2.3
2.4
2.5
2.7
2.7
2.7
2.8
2.8
2.9
3.0
3.1
34.1
35.8
38.4
38.0
37.5
34.0
35.2
36.7
37.9
41.9
42.2
40.9
36.8
36.2
35.5
36.0
13.0
21.1
13.7
22.1
16.2
22.1
16.7
21.3
16.8
20.7
13.5
20.4
14.9
20.4
15.6
21.0
15.7
22.2
18.8
23.0
18.5
23.7
17.1
23.8
13.4
23.4
12.7
23.5
12.1
23.4
12.4
23.5
5.4
5.5
5.7
5.4
5.1
5.1
5.4
5.5
5.6
5.8
5.9
5.9
6.0
6.2
6.4
7.4
12
Rental income of persons with capital
consumption adjustment.
5.2
13
Dividends
5.1
5.5
5.7
6.1
6.1
6.4
6.6
6.5
7.1
6.7
7.1
7.4
7.2
7.2
7.1
14
Personal interest income.
6.1
6.4
6.6
6.7
7.2
7.3
7.3
7.4
7.7
7.6
7.6
7.8
8.0
8.2
8.3
8.5
15
16
Transfer payments
Old-age, survivors, disability, and
health insurance benefits.
Government unemployment insurance benefits.
Veterans benefits
Government employee retirement
benefits.
Aid to families with dependent children.
Other
11.1
10.4
.4
10.6
.4
10.5
.5
11.5
11.7
.5
11.5
.5
11.7
.8
.7
.8
12.4
.7
1.7
12.9
.7
2.1
13.1
.8
11.2
.6
.9
10.9
.9
14.4
.5
.9
17
18
19
20
21
22
Less: Personal contributions for social insurance.
23
Less: Personal tax and nontax payments...
24
Equals: Disposable personal income
25
Less: Personal outlays
26
27
28
29
Personal consumption expenditures
Interest paid by consumers to business.
Personal transfer payments to foreigners (net).
Equals: Personal saving
12.3
.3
1.4
7.9
11.4
.4
1.2
7.1
.4
1.0
6.7
.7
.8
1.9
1.9
2.1
2.1
17.4
18.8
152.0
156.0
6.1
.7
6.2
.7
9.3
.7
.3
.7
2.2
2.3
5.8
.7
1.9
2.2
2.4
2.2
2.7
2.1
.5
.8
6.5
.7
.3
2.6
6.3
.7
6.1
.7
.3
3.1
2.1
5.8
.8
.4
2.9
2.1
19.2
20.8
21.0
21.4
22.4
22.9
20.9
.6
1.3
5.6
.8
5.6
.8
.4
.4
2.6
3.0
2.3
2.3
20.1
20.2
2.9
2.2
2.1
2.0
.6
1.0
5.4
.9
5.2
.9
.5
.5
3.3
3.5
.7
2.5
5.0
.9
.5
3.5
2.2
2.2
19.6
18.8
18.1
17.6
192.6
187.5
186.8
186.5
188.0
178.7
180.4
179.9
176.6
1.6
.5
178.2
1.7
.5
177.6
1.8
.5
182.5
180.1
1.9
.5
2.2
19.3
165.0
165.8
163.7
170.9
173.2
178.7
186.1
192.7
161.5
154.3
157.6
161.5
165.2
172.3
176.1
179.0
139.6
.7
.7
149.9
148.4
.8
.7
152.7
.9
.7
156.0
.9
.7
159.9
1.0
163.5
1.1
.7
169.4
167.6
1.1
.6
170.3
1.3
174.0
1.4
.7
176.9
1.5
179.9
177.8
1.5
.6
16.3
15.0
11.6
10.8
8.1
2.2
5.7
3.9
6.3
10.0
13.7
12.7
8.7
6.3
6.6
5.5
321.7
314.6
321.7
317.5
324.5
334.2
341.0
342.5
335.9
335.9
336.0
337.3
1,079
1,105
1,139
1,156
140.9
141.2
141.8
142.7
1,158
2,247
143.2
1,139
2,188
143.8
1,183
2,227
144.5
1,194
2,188
145.1
1,226
2,226
145.8
1,272
2,284
146.3
1,311
2,320
147.0
1,304
2,319
147.7
1,264
2,265
148.3
1,254
2,256
148.9
1,247
2,247
149.5
1,252
2,246
150.2
10.7
9.6
7.2
6.5
4.9
1.3
3.3
2.2
3.5
5.4
7.1
6.6
4.7
3.4
3.6
2.9
135.6
134.5
.6
.5
141.0
Addenda:
Disposable personal income:
Total, billions of 1972 dollars...
Per capita:
Current dollars
1972 dollars
Population (mid-period, millions)
Personal saving as percentage of disposable personal income.
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
69
Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-74—Continued
dollars]
1952
1951
1950
1953
1954
1955
Line
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
219.1
219.4
228.2
237.4
245.5
252.4
255.6
260.8
262.6
266.4
273.2
279.0
283.0
287.0
287.3
287.4
286.1
285.3
287.8
293.4
298.2
305.5 312.7 318.2
1
136.9
58.2
45.4
37.9
19.3
21.4
142.6
62.4
48.4
39.0
19.7
21.6
150.5
66.9
52.0
40.8
20.1
22.8
157.9
70.9
55.4
41.6
20.7
24.7
165.0
73.8
57.7
43.3
21.2
26.7
170.6
76.5
59.7
44.3
21.4
28.5
172.8
76.8
59.7
44.4
21.8
29.8
176.5
77.5
60.2
45.0
22.3
31.7
180.8
79.7
62.0
45.8
22.8
32.4
182.0
79.5
62.2
46.2
23.1
33.2
185.7
81.3
63.5
47.2
23.4
33.8
192.9
87.0
68.9
48.2
23.8
33.9
196.5
89.4
71.1
48.6
24.3
34.2
199.7
90.5
72.3
49.8
25.0
34.5
199.9
90.0
71.7
50.1
25.3
34.5
198.3
87.9
69.7
50.4
25.6
34.4
195.9
86.0
67.9
50.0
25.5
34.4
195.5
85.1
67.1
49.8
25.9
34.7
195.9
84.2
66.5
50.0
26.5
35.1
199.9
86.7
68.7
50.6
27.2
35.4
203.6
89.2
70.7
51.3
27.6
35.5
209.4 214.7 218.9
92.2 93.9 96.4
73.1 74.5 77.0
52.6 54.2 55.3
28.3 29.2 29.9
36.2 37.4 37.2
2
3
4
5
6
7
II
III
IV
3.3
3.5
3.8
4.0
4.3
4.5
4.7
4.9
5.0
5.1
5.3
5.4
5.7
5.8
6.0
6.1
6.0
6.0
6.1
6.3
6.6
6.9
7.2
7.4
8
36.5
37.0
39.5
40.4
42.2
42.6
42.9
43.6
42.0
43.0
44.7
42.1
42.1
41.4
40.7
41.0
41.1
40.1
40.9
41.1
41.8
42.4
42.7
43.1
9
12.8
23.7
12.7
24.3
13.6
25.9
14.7
25.6
15.5
26.8
15.7
26.8
15.7
27.2
16.2
27.4
14.5
27.5
15.1
27.9
16.6
28.1
12.5
28.2
13.0
28.0
13.3
27.8
11.8
28.3
12.4
28.5
11.7
29.3
11.6
30.2
11.5
30.9
11.0
31.6
10.9
32.2
10
11
6.9
7.2
7.4
7.4
7.5
7.8
8.1
8.2
8.6
9.0
13.4
28.7
9.5
12.9
28.5
6.8
13.4
28.6
9.4
9.8
10.2
10.6
10.6
10.$
11.2
11.4
11.2
11.2
11.3
11.4
12
8,3
8.3
9.1
9.5
8.3
8.5
8.4
8.5
8.0
8.5
8.5
8.7
8.4
9.1
9.0
8.8
9.3
8.7
9.1
9.2
9.8
9.9
10.5
10.7
13
9.5
9.7
9.8
9.9
10.1
10.4
10.7
10.9
11.2
11.5
12.0
12.3
12.6
12.9
13.1
13.3
13.6
14.0
14.3
14
12.6
1.9
12.8
1.9
12.8
1.9
12.7
2.0
1.0
13.6
2.1
13.7
2.6
14.0
3.0
14.1
3.1
14.6
3.1
15.4
3.3
16.0
3.5
16.4
3.6
17.4
4.8
17.6
5.2
17.8
5.2
15
16
.9
.9
1.0
1.4
1.9
2.3
2.4
17.1
4.1
2.4
17.1
4.4
1.2
13.8
2.7
1.0
1.8
1.5
1.3
1.3
17
4.0
1.2
4.7
1.3
4.5
1.3
4.3
1.3
4.0
1.4
3.9
1.4
4.1
1.5
4.1
1.5
4.1
1.5
4.1
1.5
4.3
1.6
4.4
1.6
4.5
1.7
4.5
1.7
4.4
1.8
18
19
8.7
8.8
9.1
9.2
9.4
21.4
.7
11.9
.8
1.1
12.2
1.5
1.0
12.2
1.7
2.0
15.0
.8
1.5
.8
.8
.9
1.1
12.5
2.0
1.1
13.6
1.0
7.1
1.0
5.3
1.0
4.8
1.0
4.5
1.1
4.6
1.1
4.7
1.1
4.5
1.2
4.0
1.2
5
5
.6
.6
.6
.6
.5
.5
.5
.5
.5
.5
.5
.5
.5
.6
.6
.6
.6
.6
.6
6
6
3.6
4.0
3.2
3.3
3.6
3.6
3.6
3.6
3.8
3.9
3.7
3.8
3.9
4.2
4.2
4.0
4.0
4.0
4.1
4.1
4.2
4.3
4.3
4.4
21
2.8
2.8
2.9
3.1
3.5
3.4
3.4
3.5
3.8
3.7
3.8
3.8
3.9
4.0
4.0
4.0
4.6
4.6
4.6
4.7
5.1
5.2
5.3
5.4
22
34.8
35.9
20
18.3
19.3
20.6
24.2
26.2
28.2
29.7
31.6
32.9
33.8
34.4
35.1
35.7
35.6
35.4
35.3
32.5
32.3
32.3
32.8
33.9
37.0
23
200.8
200.2
207.6
213.2
219.3
224.2
226.0
229.2
229.8
232.6
238.9
243.9
247.3
251.5
251.9
252.1
253.5
253.0
255.5
260.6
264.4
270.7 276.8 281.2
24
185.4
189.4
203.2
200.7
211.2
206.7
209.1
212.8
214.1
218.2
220.6
228.5
232.1
233.9
234.7
234.2
236.0
238.5
240.8
245.1
251.3
256.6 261.0 265.1
25
182.9
2.1
5
186.8 200.4
2.4
2.2
4
4
197.8
2.5
.4
208.3
2.5
4
203.8
2.5
4
206.2
2.5
4
209.9
2.5
.4
211.1
2.6
.4
215.1
2.8
.4
217.2
2.9
.4
225.0
3.1
.4
228.3
3.3
.5
229.9
3.5
.5
230.5
3.7
.5
230.0
3.8
.5
231.9
3.8
.4
234.3
3.8
,4
236.4
3.8
.7
240.8
3.9
.4
246.8
4.1
4
251.9 256.0 260.0
4.3
4.6
4.8
4
4
4
26
27
28
13.1
15.4
10.8
4.3
12.5
8.0
17.6
16.9
16.3
15.6
14.4
18.3
15.4
15.3
17.6
17.3
18.0
17.5
14.5
14.7
15.5
360.6
358.3
361.3
367.3
364.7
372.5
374.2
374.2
373.8
377.9
385.9
389.9
394.1
399.7
398.3
398.6
398.4
396.4
402.9
410.7
1,331
2,390
150.9
1,322
2,367
151.4
1,365
2,376
152.0
1,396
2,405
152.7
1,430
2,378
153.3
1,457
2,420
153.9
1,461
2,419
154.7
1,475
2,408
155.4
1,473
2,396
156.0
1,485
2,412
156.6
1,518
2,453
157.3
1,543
2,467
158.0
1,559
2,484
158.6
1,579
2,510
159.2
1,575
2,490
160.0
1,569
2,480
160.7
1,571
2,469
161.4
1,561
2,446
162.0
1,569
2,475
162.8
1,593
2,511
163.6
7.7
5.4
2.1
5.9
3.7
7.8
7.5
7.1
6.8
6.2
7.7
6.3
6.2
7.0
6.9
7.1
6.9
5.7
5.7
5.9
4.9
14.1
16.1
29
413.7
422.6 429.6 436.6
30
1,609
2,519
164.3
1,641 1,671 1,689
2,562 2,593 2,622
164.9 165.7 166.5
31
32
33
5.2
15.8
5.7
5.7
34
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
70
Table 2.1.—Personal Income and Its Disposition: Annually, 1946-74, and
[Billions of
1957
1956
1958
Line
II
I
1
2
3
4
5
6
7
Personal income
-
--
Wage and salary disbursements
Commodity-producing industries *...
Manufacturing
Distributive industries2
Service industries *
Government and government enterprises.
g
Other labor income.
9
Proprietors' income with inventory valuation and r&Dital consumution
adjustments.
Farm
Nonfarm
- --
10
11
- -
III
IV
I
II
III
IV
I
II
1959
III
IV
I
II
III
IV
322.6
328.2
332.7
340.0
343.9
348.3
352.9
352.6
352.3
353.9
362 7
368 2
373 9
4OO 4
383.5
388.7
222.7
97.6
77.5
56.7
30.6
37.8
226.8
99.6
78.5
57.5
31.2
38.5
229.2
100.4
79.2
• 57.9
31.8
39.2
234.6
103.8
82.4
58.7
32.4
39.6
237.5
104.6
83.2
59.6
33.1
40.2
238.9
104.3
82.7
60.3
33.6
40.7
241.1
104.4
82.8
61.1
34.1
41.5
239.4
102.5
81.0
61.0
34.3
41.6
235.9
98.8
77.8
60.3
34.9
42.0
235.5
97.0
76.2
59.8
35.6
43.1
243.0
100.1
78.9
60.8
36. a
46.1
247.5
103.5
81.6
62.1
36.7
45.2
253.1
107.0
84.7
63.4
37.4
45.4
259.6
110.7
88.0
64.7
38.3
45.8
260.0
109.4
87.1
65.2
39.1
46.2
263.0
110.2
87.5
65.9
40.3
46.7
7.6
7.9
8.2
8.5
8.6
8.9
9.2
9.4
9.2
9.2
94
98
10 1
10 5
1A ft
1A Q
42.9
43.1
44.0
44.5
44.3
44.7
45.7
45.2
47.1
47.1
47.4
48.0
47.5
47.8
46.8
46.8
10.9
31.9
10.8
32.3
11.6
32.4
11.5
33.0
10.6
33.7
10.8
34.0
11.4
34.2
11.4
33.8
13.6
33.5
13.1
33.9
13.0
34.4
12.7
35.2
11.6
35 9
10.9
36 8
10.0
36 8
10.1
36 7
11.9
12.1
12.4
12.5
12.7
12.8
12.9
13.1
12.8
13.1
13.4
13.6
12
Rental income of persons with capital
consumption adjustment.
11.4
11.6
11.7
11.8
13
Dividends
10.9
10.9
11.0
11.4
11.5
11.7
11.8
11.5
11.4
11.4
11.3
11.0
11.7
12 1
12 4
12 5
16.5
17.1
17.7
18.1
18.2
18.3
19.0
19 5
19 9
20 5
21 2
22 1
20.2
6.4
21.8
7.5
24.4
8.0
26.7
8.6
4.8
26.3
8.8
4.0
26.5
9.7
3.1
27.0
10.3
27.8
10.6
3.4
26.3
8.4
4.5
26.6
10.0
1.8
23.1
7.8
2.5
2.6
2.5
2.8
4.5
2.2
4.6
2.3
4.6
2.4
4.8
2.4
46
2.5
46
2.6
47
2.6
46
2.7
46
2.8
45
2.9
14
Personal interest income
14.7
15.2
15.5
16.0
IS
16
Transfer payments Old-age, survivors, disability, and
18.2
5.3
18.4
5.5
19.2
5.9
17
Government unemployment insur-
1.5
1.5
18.9
5.8
1.6
1.6
1.7
21.5
7.5
1.7
18
19
Veterans benefits
Government employee retirement
benefits
Aid to families with dependent
children.
Other
4.5
1.9
4.4
1.9
4.4
2.0
4.3
2.0
4.5
2.1
4.5
2.2
20
21
.6
.6
.6
.7
.7
.7
.7
.8
.8
.8
.9
.9
.9
.9
.9
.9
4.4
4.5
4.5
4.7
4.8
4.9
5.0
5.1
5.2
5.3
5.3
5.4
5.6
5 7
58
6 0
5.7
5.8
5.8
6.0
6.7
6.7
6.8
6.7
6.7
6.7
7.0
7.0
7.8
8.0
7.9
8.0
22
Less: Personal contributions for social
insurance.
23
Less: Personal tax and nontax payments.
38.2
39.4
40.0
41.0
41.8
42.5
42.8
42.3
41.8
41.3
42.5
43.0
44.3
45.6
46.5
47.6
24
Equals: Disposable personal income
284.4
288.8
292.7
299.0
302.0
305.8
310.1
310.3
310.5
312.6
320.1
325.2
329.6
336.7
337.1
341.1
25
Less: Personal outlays.
266.9
269.4
272.5
277.6
282.0
284.2
288.8
290.4
290.0
292.8
297.6
301.5
309.7
315 5
320 9
323 1
261.4
5.0
.5
263.9
5.1
.5
266.8
5.1
.5
271.9
5.2
.5
276.1
5.3
.5
278.3
5.4
.5
282.8
5.5
.5
284.4
5.6
.5
284.0
5.6
.4
286.8
5.5
.4
291.7
5.5
.4
295.4
5.6
.4
303.5
5.7
.4
309.1
6.0
.4
314.2
6.2
.4
316.2
6.5
.4
17.6
19.4
20.2
21.4
20.0
21.5
21.3
19.9
20.5
19.9
22.6
23.8
19.9
21 1
16 2
18 0
439.7
443.1
445.4
451.0
451.3
454.0
456.2
454.8
450.4
453.2
463.0
469.5
472.6
480.0
476.8
480.7
.
1,701
2,630
167.2
1,720
2,639
167.9
1,735
2,641
168.7
1,764
2,661
169.5
1,774
2,651
170.2
1,789
2,656
170.9
1,806
2,657
171.7
1,799
2,637
172.5
1,793
2,602
173.1
1,799
2,608
173.8
1,834
2,653
174.5
1,855
2,678
175.3
1,872
2,684
176.0
1,905
2,716
176.7
1,899
2,686
177.5
1,913
2,696
178.3
Personal saving as percentage of disposable personal income.
6.2
6.7
6.9
7.1
6.6
7.0
6.9
6.4
6.6
6.4
7.0
7.3
6.0
6.3
4.8
5.3
26
27
28
29
Personal consumption expenditures
Interest paid by consumers to business.
Personal transfer payments to foreigners (net).
Equals: Personal saving
Addenda:
30
31
32
33
34
Disposable personal income:
Total, billions of 1972 dollars
Per capita:
Current dollars
.
.
1972 dollars .
Population (mid-period, millions)
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
71
Seasonally Adjusted Quarterly Totals at Annual Kates, 1946-74^-Continued
dollars]
1962
1961
1960
1963
1964
1965
Line
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
395.0
400.0
401.6
402.3
405.6
411.3
417.5
425.5
431.8
439.0
443.5
448.6
454.2
459.0
465.6
473.6
482.2
269.8
114.2
91.3
67.3
40.6
47.7
272.5
114.0
90.7
68.5
41.4
48.6
273.0
112.5
89.2
68.6
42.1
49.8
272.4
110.7
87.5
68.6
42.6
50.5
272.8
110.0
86.9
68.3
43.4
51.1
276.6
112.2
88.8
68.7
44.0
51.8
281.2
114.2
90.4
69.6
44.6
52.8
287.2
117.2
93.0
70.4
45.5
54.1
292.1
119.0
94.8
71.5
46.3
55.3
297.5
121.6
96.8
72.6
47.3
55.9
299.8
122.4
97.3
73.2
47.8
56.4
302.8
123.0
97.8
73.9
48.4
57.6
306.5
123.9
98.6
74.6
49.4
58.6
310.9
125.6
100.0
75.8
50.1
59.3
315.4
127.6
101.1
76.8
50.9
60.1
320.7
129.2
102.7
77.8
51.8
61.9
326.6
131.1
104.1
79.2
53.2
63.1
11.0
11.2
11.3
11.4
11.5
11.7
11.9
12.2
12.5
12.9
13.2
13.5
13.6
13.7
14.0
14.5
15.0
15.5
16.0
16.5
17.0
17.6
18.1. 18.7
8
46.3
47.6
47.1
46.9
47.6
48.0
48.3
49.1
49.5
49.7
49.7
49.5
49.9
50.1
50.5
50.9
51.0
52.1
52.7
53.2
54.4
56.6
57.4
58.2
9
10.2
36.2
11.7
35.9
11.9
35.2
12.0
35.0
11.9
35.7
11.6
36.3
11.7
36.7
12.0
37.1
12.1
37.4
12.0
37.8
11.7
38.0
11.7
37.8
11.8
38.1
11.8
38.3
11.6
38.9
11.3
39.6
10.2
40.8
10.1
42.0
10.1
42.6
10.6
42.5
11.4
43.0
12.9
43.7
13.1
44.4
12.9
45.4
10
11
13.6
13.7
13.8
14.0
14.1
14.2
14.4
14.5
14.7
14.8
15.1
15.5
15.6
15.7
15.7
15.7
15.9
16.0
16.2
16.4
16.7
17.0
17.3
17.5
12
12.7
12.8
13.1
13.0
13.0
13.1
13.4
13.9
14.0
14.4
14.6
14.7
15.1
15.4
15.6
16.0
16.6
17.2
17.5
18.0
18.2
18.9
19.4
20.0
13
24.3
24.8
25.6
25.8
26.7
27.6
28.5
29.0
29.6
30.5
31.5
32.0
32.8
33.7
34.5
35.6
36.8
37.8
38.6
14
32.8
13.4
33.4
13.8
33.8
14.5
36.1
14.9
3.1
35.3
15.2
3.0
35.6
15.4
36.3
15.5
37.4
15.7
37.5
16.2
2.6
37.7
16.3
38'. 8 42.4
16.7 20.1
2.4
2.3
41.4
18.9
2.2
15
16
2.5
39.1
16.5
2.4
17
4.5
4.9
5.5
5.0
4.8
5.4
18
19
I
23.0
23.1
23.3
23.7
23.8
27.7
10.8
28.5
11.0
29.3
31.3
30.3
11.5
33.0
12.3
III
IV
I
491.4
500.5
508.5
519.1
529.5 543.5 556.0
1
333.2
134.2
106.4
80.7
54.2
64.1
339.6
136.7
108.6
82.2
55.2
65.5
345.1
138.4
109.5
83.7
56.2
66.8
351.1
142.1
112.6
84.8
56.8
67.4
3*7.1 364.5 375.3
144.0 146.3 150.5
114.1 116.1 119.2
86.3 87.8 89.9
58.4 60.0 61.8
68.5 70.4 73.1
2
3
4
5
6
7
II
III
IV
2.5
2.7
3.1
3.6
32.2
12.0
4.1
5.1
33.3
12.8
4.3
3.7
3.4
33.4
14.1
3.1
3.0
34.5
14.8
3.0
2.9
2.9
2.8
37.1
15.9
2.8
4.5
3.0
4.5
3.0
4.6
3.1
4.7
3.2
5.4
3.2
4.7
3.3
5.1
3.4
4.6
3.5
4.7
3.6
4.6
3.7
4.6
3.8
4.8
3.8
5.7
3.9
4.5
4.1
4.5
4.2
4.6
4.4
5.3
4.5
4.5
4.7
1.0
1.0
1.0
1.0
1.1
1.1
1.2
1.2
1.3
1.3
1.3
1.3
1.3
1.3
1.4
1.4
1.4
1.5
4.5
4.8
1.5
1.6
1.6
1.6
1.7
1.7
20
6.0
6.1
6.3
6.3
6.4
6.4
6.4
6.4
6.6
6.6
6.8
6.8
7.1
7.2
7.3
7.5
7.6
7.7
7.9
8.0
8.1
8.3
8.4
8.4
21
9.2
9.2
9.3
9.3
9.5
9.6
9.7
9.8
10.2
10.3
10.3
10.4
11.6
11.7
11.8
12.0
12.3
12.5
12.7
12.8
13.0
13.2
13.4
13.7
22
65.4
64.2
4.7
5.1
4.7
5.2
49.3
50.3
50.7
51.1
51.2
51.6
52.3
53.1
54.3
56.3
57.7
59.1
59.7
60.1
60.5
60.9
59.7
56.2
58.3
60.2
64.1
65.8
23
345.7
349.7
350.8
351.2
354.3
359.7
365.2
372.4
377.5
382.8
385.8
389.5
394.5
398.9
405.0
412.7
422.5
435.1
442.2
448.3
455.0
464.1 479.2 490.2
24
326.9
333.2
333.5
335.7
336.2
340.7
343.4
350.6
355.4
361.2
365.4
372.0
376.1
380.4
387.4
392.0
400.5
408.1
416.5
418.5
428.9
435.8 444.6 458.2
25
319.8
6.7
4
325.9
6.9
4
326.0
7.1
4
328.0
7.2
.5
328.5
7.3
.4
333.1
7.3
.4
335.7
7.3
.4
342.7
7.4
.4
347.5
7.5
.5
353.0
7.7
.5
357.0
7.9
.5
363.4
8.1
.5
367.2
8.4
.6
371.2
8.7
.5
377.8
9.0
.6
382.1
9.3
.6
390.5
9.4
.6
397.8
9.7
.6
405.7
10.1
.6
407.5
10.4
.6
417.7
10.6
6
424.1 432.7 446.1
11.0 11.3 11.4
7
7
7
26
27
28
18.8
16.5
17.3
15.6
18.2
19.0
21.7
21.8
22.1
21.6
20.4
17.5
18.4
18.5
17.6
20.7
22.0
27.0
25.7
29.9
26.1
485.5
488.4
488.2
486.3
490.6
497.6
502.8
511.9
516.4
521.1
523.7
526.1
530.6
535.5
541.1
549.1
559.7
575.8
583.0
589.7
1,924
2,702
179.7
1,939
2,708
180.3
1,937
2,696
181.1
1,931
2,673
181.9
1,940
2,686
182.6
1,962
2,714
183.3
1,984
2,731
184.1
2,014
2,769
184.9
2,034
2,783
185.6
2,056
2,799
186.2
2,064
2,802
186.9
2,075
2,803
187.7
2,095
2,818
188.3
2,112
2,835
188.9
2,136
2,854
189.6
2,168
2,884
190.4
2,213
2,931
191.0
2,272 2,300
3,006 3,033
191.6 192.3
2,324
3,056
192.9
5.4
4.7
4.9
4.4
5.1
5.3
6.0
5.9
5.9
5.6
5.3
4.5
4.7
4.6
4.3
5.0
5.2
6.7
5.7
6.2
5.8
28.3
34.6
32.1
29
595.5
603.4 620.1 631.3
30
2,352
3,078
193.5
2,393 2,462 2,510
3,110 3,186 3,233
194.0 194.6 195.3
31
32
33
6.1
7.2
6.5
34
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
72
Table 2.1.—Personal Income and Its Disposition: Annually, 1946-74, and
[Billions of
1966
1967
1968
Line
II
Personal income.—
Wage and salary disbursements
Commodity-producing industries 1 .._
Manufacturing
2
Distributive industries
Service ind istries 3
Goveriment and government enterprises.
III
IV
II
III
IV
II
III
IV
567.9
578.3
590.8
602.5
612.2
619.7
631.8
642.8
660.1
677.8
694.5
708.5
383.9
155.0
123.0
91.4
62.6
74.9
394.0
159.7
127.0
93.5
64.0
76.8
404.1
162.9
129.9
95.5
66.0
79.7
411.5
165.1
132.1
97.1
67.4
81.9
417.1
165.7
132.4
98.8
69.2
83.4
422.1
165.8
132.4
100.1
71.3
84.9
430.6
168.8
134.5
101.6
73.2
87.0
440.2
171.7
137.0
103.2
74.9
90.3
452.3
176.5
141.1
105.9
77.2
92.6
463.5
180.9
144.3
108.3
79.3
95.0
476.0
184.9
147.2
111.5
81.2
98.4
150.8
114.0
83.2
99.6
Other labor income
19.2
19.7
20.1
20.7
21.0
21.2
21.8
22.5
23.5
24.7
25.6
26.5
Proprietors' income with inventory
valuation and capital consumption
adjustments.
Farm
Nonfarm
61.4
60.2
60.1
59.6
59.7
60.6
61.8
61.7
62.3
63.0
63.8
64.4
15.2
46.2
13.7
46.5
13.2
46.8
12.2
47.3
11.6
48.1
12.0
48.7
12.4
49.5
12.4
49.3
11.7
50.6
11.4
51.6
12.2
51.7
12.8
61.7
Rental income of persons with capital
consumption adjustment.
17.8
18.1
18.3
18.5
19.0
19.5
19.6
19.4
19.1
18.8
18.5
18.1
Dividends
20.1
19.6
19.3
18.8
19.7
20.3
20.7
19.8
21.1
21.7
22.4
22.5
44.5
45.1
46.5
47.6
49.1
50.2
51.4
56.3
27.7
59.6
30.3
61.3
31.2
62.6
31.7
2.2
2.1
2.1
2.2
5.9
7.3
5.8
7.6
5.9
6.1
8.0
Personal interest income
39.8
41.3
42.4
43.7
44.2
Transfer payments
Old-age, survivors, disability, and
health insurance benefits.
Government unemployment insurance benefits.
Veterans benefits
Government employee retirement
benefits.
Aid to families with dependent
children.
Other.
42.8
19.3
42.8
19.7
44.8
19.9
51.1
24.2
2.1
52.0
25.3
53.1
2.3
2.2
54.1
26.4
2.1
5.3
6.9
6.3
7.0
6.5
7.1
1.7
1.8
8.9
9.1
Less: Personal contributions for social
insurance.
17.1
17.3
18.3
Less: Personal tax and nontax payments.
Equals: Disposable personal income
Less: Personal outlays
Personal consumption expenditures
Interest paid by consumers to business.
Personal transfer payments to foreigners (net).
Equals: Personal saving
2.0
1.7
1.9
48.3
20.2
1.9
5.1
5.7
4.5
6.0
4.5
6.2
5.4
6.4
6.2
6.7
1.9
2.0
2.1
2.2
2.3
2.5
2.6
2.8
3.0
3.1
10.5
12.4
9.8
10.1
10.3
10.5
10.7
11.0
11.3
11.6
18.5
19.7
20.5
20.9
21.4
22.1
22.7
23.1
23.4
26.0
7.8
69.3
73.6
76.1
79.0
80.2
79.9
83.2
85.1
87.9
91.5
102.3
106.6
498.6
504.7
514.8
523.5
532.0
539.8
548.6
557.7
572.2
586.3
592.3
601.9
468.2
472.8
481.8
486.8
491.6
501.1
507.5
514.5
531.2
542.4
558.8
567.8
455.9
11.6
.6
460.3
11.9
.7
469.1
12.0
.7
473.9
12.3
.6
478.6
12.3
.7
487.6
12.4
1.2
494.2
12.5
501.1
12.7
.7
517.6
12.9
.8
528.5
13.1
.8
544.5
13.5
553.1
13.8
30.4
31.9
33.0
36.7
40.4
38.7
41.1
43.3
40.9
43.8
33.4
34.1
Addenda:
Disposable personal income:
Total, billions of 1972 dollars
Per capita:
Current dollars
1972 dollars
Population (mid-period, millions)
Personal saving as percentage of disposable personal income.
636.2
639.0
646.4
652.6
667.5
672.5
677.7
686.3
697.0
700.7
2,547
3,250
195.8
2,571
3,256
196.3
2,615
3,283
196.9
2,651
3,304
197.5
2,687
3,342
198.0
2,720
3,363
198.5
2,757
3,379
199.0
2,795
3,396
199.6
2,861
3,432
200.0
2,925
3,475
200.4
2,947
3,468
201.0
2,986
3,477
201.5
6.1
6.3
6.4
7.0
7.6
7.2
7.5
7.8
7.2
7.5
5.6
6.7
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
73
Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-74—-Continued
dollars]
1972
1971
1970
1969
I
II
III
IV
I
II
III
IV
I
II
III
IV
721.9
738.5
754.8
768.0
779.2
800.8
809.2
815.9
835.5
854.7
864.7
881.4
496.2
193.1
153.2
116.2
86.1
100.7
508.7
197.9
156.5
119.5
88.8
102.5
522.3
201.9
159.8
122.1
90.9
107.4
531.0
203.5
160.4
125.0
93.6
108.9
537.6
204.0
160.4
127.2
95.6
110.7
546.2
203.0
159.1
128.8
97.0
117.4
551.0
203.5
159.0
131.7
98.5
117.4
551.0
199.3
154.2
132.8
100.6
118.4
565.2
204.2
158.4
135.4
103.0
122.6
575.6
207.3
160.0
138.1
105.7
124.5
583.9
208.3
160.3
140.8
108.0
126.8
593.0
211.4
162.7
143.1
110.2
128.4
27.0
1973*
1974*
L
i
n
e
II
III
IV
912.4
927.2
948.0
982.6 1,011.6 1,039.0 1,067.8 1,098.8 1,115.9 1,136.6 1,171.6 1,194.8
1
615.3
219.5
169.0
147.8
113.7
134.2
627.1
224.6
173.6
150.2
116.9
135.5
638.1
227.6
176.2
152.9
119.5
138.2
654.5
235.0
182.7
156.8
121.6
141.1
I
I
II
676.5
243.8
189.1
161.9
125.9
144.8
III,
IV
I
II
692.8
250.0
193.9
166.2
129.4
147.1
707.6
256.0
197.7
169.8
132.4
149.4
727.1
263.9
204.0
174.7
135.4
153.1
738.7
265.8
204.7
177.6
139.7
155.6
756.2
271.9
209.6
182.7
142.9
158.6
III
IV
775.9
279.2
215.7
187.0
147.4
162.3
783.6
277.7
214.9
189.9
150.1
165.9
2
3
4
5
6
7
27.7
28.6
29.5
30.5
31.4
32.6
33.6
34.4
35.5
36.8
38.1
39.4
41.3
42.8
44.4
45.6
46.7
48.1
49.8
51.4
53.4
55.5
57.6
8
66.2
66.5
66.2
66.0
65.7
65.5
64.7
64.7
67.3
66.8
66.4
70.4
73.6
76.1
75.8
79.0
85.9
90.1
95.0
96.0
93.0
81.8
82.1
83.6
9
13.7
52.5
13.8
52.4
18.0
14.6
51.4
14.9
50.8
14.3
51.2
13.3
51.4
13.2
51.5
15.4
51.9
13.9
52.9
12.6
53.9
15.3
55.1
17.0
56.6
18.2
58.0
26.5
59.4
31.2
58.9
35.2
59.7
36.8
59.3
33.7
59.3
22.3
59.5
21.9
60.2
24.6
59.0
10
11
17.9
18.2
18.5
18.8
19.1
19.3
20.0
20.5
20.8
22.1
18.2
17.1
58.7
23.2
19.8
59.2
18.2
13.7
52.9
18.3
22.7
21.8
21.2
21.3
21.1
21.1
21.0
20.9
20.9
12
22.2
22.4
22.7
23.0
23.0
23.0
22.9
22.7
23.2
23.0
23.1
22.7
23.8
24.3
24.9
25.4
26.4
27.2
28.1
29.5
30.0
30.9
31.7
31.7
13
53.1
55.1
56.6
58.9
60.9
63.1
65.9
67.3
68.8
69.2
69.1
70.2
71.7
73.3
75.3
78.1
81.7
85.9
90.7
95.4
99.0
104.0
109.1
114.0
14
64.4
32.4
65.9
32.9
2.1
67.1
33.1
68.7
33.3
71.1
33.9
87.6
40.4
102.3
48.0
5.3
113.2
56.6
4.6
4.3
117.0
59.8
4.2
119.7
61.1
4.2
4.5
129.1
63.7
5.4
144.3
72.7
6.5
151.6
75.0
8.2
15
16
6.0
100.8
47.1
6.3
136.4
69.1
5.3
100.1
46.5
6.2
122.9
62.4
5.1
97.6
45.8
6.1
114.9
58.1
2.8
95.4
46.5
5.8
95.9
45.1
2.4
81.7
39.1
4.3
85.6
39.7
2.2
81.1
41.1
3.7
17
7.0
9.1
7.0
9.5
7.4
9.8
7.9
10.3
8.3
10.8
8.5
11.0
8.6
11.4
8.8
12.2
9.0
12.4
10.1
12.6
9.0
13.0
9.2
13.8
10.7
14.3
10.3
14.6
10.3
15.0
10.4
16.1
10.7
16.8
10.8
17.5
11.9
18.9
13.4
19.6
18
19
2.2
6.3
6.4
8.2
3.3
6.6
8.5
3.4
3.6
3.9
4.1
4.6
5.1
5.5
5.8
6.1
6.3
6.5
6.7
6.8
7.0
7.0
7.1
7.1
7.2
7.3
7.5
10.8
17.8
7.6
8.0
8.4
20
12.0
12.3
12.7
13.0
13.7
14.5
15.1
16.3
16.5
17.0
17.6
17.7
18.0
18.5
19.0
20.0
20.5
20.6
20.7
21.3
24.1
24.8
26.1
27.0
21
25.5
26.0
26.7
27.1
27.6
28.0
28.3
28.2
30.3
30.6
31.0
31.2
33.7
33.8
34.5
34.7
41.2
41.9
42.7
43.1
46.4
47.1
48.0
48.2
22
113.2
116.7
115.1
116.6
116.3
117.6
113.0
114.5
111.7
114.5
116.6
122.3
137.3
140.2
141.8
145.6
145.0
147.3
153.7
158.9
162.1
168.4
175.3
178.9
23
608.7
621.8
639.7
651.5
663.0
683.2
696.2
701.4
723.8
740.2
748.1
759.1
775.0
787.0
806.2
837.0
866.6
891.7
914.1
939.9
953.8
968.2
996.3 1,015.9
24
578.8
589.8
600.2
612.4
622.7
631.7
641.8
645.3
665.5
680.0
691.4
704.9
724.0
743.3
758.8
781.5
806.1
821.8
840.3
853.4
872.6
901.4
931.7
932.4
25
563.8
14.3
.8
574.1
14.6
1.0
584.5
14.8
.9
596.4
15.1
1.0
606.4
15.2
1.0
615.2
15.4
1.1
625.1
15.6
1.1
628.4
15.8
1.0
648.6
15.9
1.0
662.9
16.1
1.0
674.1
16.3
1.1
687.1
16.7
1.1
705.9
17.1
1.0
724.7
17.6
1.0
739.7
18.1
1.0
761.8
18.7
1.1
785.7
19.5
.9
800.5
20.3
.9
818.4
21.0
.9
829.5
21.7
2.2
849.5
22.1
1.1
877.8
22.5
1.1
907.7
22.9
1.0
908.4
23.0
1.0
26
27
28
29.9
32.0
39.5
39.1
40.3
51.5
54.4
56.1
58.2
60.2
56.7
54.2
51.0
43.7
47.3
55.4
60.4
70.0
73.8
86.5
81.2
66.8
64.6
83.6
29
6.8
8.7
701.8
707.2
718.8
723.0
727.4
742.6
750.1
745.6
761.4
769.9
769.9
775.9
783.7
790.7
803.7
827.1
844.6
853.5
860.7
864.2
853.3
841.8
842.0
837.6
30
3,014
3,475
202.0
3,072
3,494
202.4
3,152
3,541
203.0
3,200
3,551
203.6
3,248
3,564
204.1
3,339
3,629
204.6
3,393
3,656
205.2
3,408
3,623
205.8
3,508
3,690
206.3
3,579
3,723
206.8
3,608
3,713
207.3
3,652
3,732
207.9
3,722
3,763
208.3
3,772
3,790
208.6
3,856
3,844
209.1
3,995
3,948
209.5
4,129
4,025
209.9
4,242
4,060
210.2
4,340
4,086
210.6
4,453
4,095
211.0
4,513
4,037
211.4
4,574
3,976
211.7
4,697
3,969
212.1
4,779
3,940
212.6
31
32
33
4.9
5.1
6.2
6.0
6.1
7.5
7.8
8.0
8.0
8.1
7.6
7.1
6.6
5.6
5.9
6.6
7.0
7.8
8.1
9.2
8.5
6.9
6.5
8.2
34
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
74
Table 2.2.—Personal Income: Annually, 1946-74 and Seasonally Adjusted Monthly Totals at Annual Rates, 1946-74
[Billions of dollars]
Wage and salary disbursements
Personal
income
Year and month
All industries
Commodity
producing»
Total
Manufacturing
Distributive *
Service 3
Government
and
government
enterprises
Other
labor
income
Proprietors' income
with inventory
Rental
valuation and
income
capital consumpof
tion adjustments
persons
with
capital
consumption
Farm Nonfarm adjustment
Dividends
Less:
Personal Transfer Personal Noninterest
contribu- farm
payincome
ments
tions for
insocial
come <
insurance
1946
177.3
112.0
46.0
36.5
31.0
14.3
20.7
2.0
14.9
21.6
5.5
5.6
6.4
11.3
2.0
159.«
January
February
March
April
May
June
July
August
Septemb er
October..
November
December
168.7
168.2
171.3
173.1
174.5
176.7
181.0
182.4
178.9
183.2
183.7
185.9
107.2
104.8
108.5
109.6
110.4
111.4
111.8
113.9
114.8
115.8
116.7
119.0
39.2
38.7
42.7
43.9
44.6
46.3
46.6
48.4
49.3
49.8
50.4
51.8
31.0
30.0
33.6
35.4
35.5
36.6
37.0
38.5
39.3
39.5
40.2
40.9
27.6
28.1
28.9
30.5
31.7
30.9
31.5
32.0
32.2
32.4
32.7
33.2
13.2
13.5
13.8
14.0
14.n
14.2
14.4
14.6
14.8
15.0
15.2
15.3
27.2
24.5
23.0
21.2
20.2
19.9
19.2
18.9
18.6
18.6
18.4
18.8
1.9
1.9
1.9
1.9
1.9
1.9
2.0
2.0
2.0
2.0
2.1
2.1
12.1
14.1
12.9
13.4
13.6
14.2
18.5
17.4
12.8
17.0
16.7
16.5
20.5
21.1
21.6
22.0
22.2
22.0
22.2
22.3
21.9
21.4
21.3
21.1
5.4
5.3
5.1
5.2
5.2
5.8
5.6
5.5
5.4
5.6
5.8
5.7
5.1
5.1
5.1
5.3
5.5
5.7
5.7
5.8
5.7
5.9
6.2
6.3
6.0
6.0
6.1
6.3
6.3
6.5
6.5
6.6
6.6
6.6
6.7
6.8
12.7
12.0
12.1
11.6
11.5
11.2
10.9
10.8
11.6
10.6
10.3
10.4
2.1
2.0
2.0
2.1
2.1
2.0
2.0
2.0
1.9
1.9
2.0
2.0
154. C
151 4
155 6
156 (3
158 1
159.7
159 8
162.2
163, £
163.4
164 1
166 1
189.8
123.1
54.2
42.5
35.2
16.1
17.5
2.4
15.2
20.6
5.3
6.3
7.3
11.7
2.1
171 5
186.8
186.5
186.3
183.5
183.9
186.7
187.0
187.6
202.4
194.4
195.2
197.5
119.2
119.4
120.2
119.9
121.5
123.0
122.0
123.2
124.8
126.3
127.8
129.2
52.0
52.2
52.7
52.8
53.8
53.8
53.5
54.1
55.2
56.0
56.8
58.0
40.9
41.2
41.6
41.8
42.0
42.1
41.8
42.0
43.1
43.6
44.2
45.2
33.5
33.8
34.1
33.5
34.2
35.2
35.4
35.6
36.3
36.6
36.9
37.2
15.5
15.6
15.7
16.0
16.1
16.4
I6.3
16.2
16.4
I6.3
16.5
16.5
18.2
17.8
17.8
17.5
17.6
17.5
16.8
17.3
17.0
17.5
17.6
17.5
2.2
2.3
2.3
2.3
2.3
2.3
2.4
2.4
2.5
2.5
2.5
2.6
16.9
17.3
16.2
13.9
13.0
13.7
14.2
14.3
16.0
15.8
15.1
16.0
21.0
20.7
20.6
20.6
20.3
20.4
20.3
20.2
20.6
20.7
21.0
21.4
5.6
5.5
5.3
5.1
4.0
5.2
5.1
5.1
5.2
5.2
5.4
5.6
6.1
6.0
6.0
6.3
6.3
6.5
6.6
6.6
6.6
6.5
6.8
6.3
7.2
7.2
7.3
7.3
7.3
7.3
7.3
7.3
7.3
7.4
7.4
7.4
10.8
10.4
10.6
10.6
10.3
10.5
11.1
10.6
21.4
12.1
11.1
11.2
2.1
2.2
2.2
2.3
2.1
2.1
2.1
2.1
2.0
2.1
1.9
2.1
166 i
166 2
167.2
166 C
167.7
169.5
169.fi
170 3
183.3
175 5
177 C
178 2
-
1947
January February _
March
April
May
June
July
August
September.
October
Novembe r
December
-
. . .
1948
208.5
135.5
60.9
47.1
37.5
18.0
19.0
2.7
17.5
23.2
5.7
7.0
7.7
11.3
2.2
187.7
January
February
March
April
May
June
July
August
September
October.
November
December
200.8
200.3
203.7
204.7
206.1
210.3
211.0
213.5
213.7
214.5
213.3
210.6
130.5
131.0
132.2
131.1
133.2
134.9
136.8
138.7
139.2
139.5
139.6
139.2
59.2
58.9
59.7
58.6
59.9
60.6
61.7
62.7
62.5
62.7
62.6
62.2
46.1
45.9
46.4
46.1
46.3
46.9
47.7
48.2
48.1
48.1
48.3
47.6
36.2
37.1
36.5
36.6
37.3
37.4
37.7
38.2
38.6
38.5
38.2
38.1
17.3
17.6
17.5
17.8
17.9
18.0
18.2
18.3
18.3
18.3
18.4
18.4
17.8
17.5
18.5
18.0
18.2
18 8
19.1
19.5
19.8
19.9
20.4
20.5
2.6
2.7
2.7
2.7
2.7
2.7
2.7
2.7
2.7
2.8
2.8
2.8
16.0
14.8
16.2
18.1
18.0
20.3
18.5
18.6
18.4
18.8
17.0
15.4
22.1
22.1
22.5
23.0
22.9
23.2
23.5
23.8
23.8
23.8
23.8
23.8
5.5
5.5
5.5
5.6
5.6
5.7
5.7
5.8
5.8
5.9
5.9
6.0
7.3
7.1
6.9
6.6
6.7
6.9
7.1
7.1
7.2
7.4
7.8
7.0
7.6
7.7
7.7
7.7
7.7
7.6
7.6
7.6
7.7
7.7
7.8
7.8
11.3
11.4
12.3
12.0
11.3
11.3
11.3
11.3
11.1
10.9
10.8
11.1
2.2
2.0
2.1
2.1
2.1
2.2
2.2
2.2
2.3
2.2
2.2
2.3
181.6
181.3
184.4
183 4
184.9
187.0
189.3
191.4
191 8
192. C
192.8
191.6
1949
205.6
134.8
57.7
44.6
37.7
18.6
20.8
2.9
12.7
23.5
6.1
7.2
8.2
12.5
2.2
189.9
January _ - . .
February
March.
April
May
June
July
August .
September..
October
November
December
207.3
206.3
207.5
206.5
206.0
204.0
202.5
204.1
207.3
203.6
206.1
207.2
137.9
136.7
135.8
135.6
135.4
133.9
133.6
133.3
134.8
132.6
133.1
134.6
61.1
60.4
59.1
58.2
57.9
56.8
57.0
56.5
57.5
55.2
55.7
56.8
47.0
46.6
45.5
44.8
44.6
44.1
44.3
44.1
44.8
43.1
42.7
44.2
38.1
37.8
37.8
38.4
38.4
37.8
37.2
37.3
37.6
37.1
37.0
37.4
18.4
18.1
18.6
18.5
18.6
18.5
18.4
18.5
18.7
19.0
19.0
19.0
20.4
20.3
20.4
20.5
20.5
20.7
20.9
20.9
21.0
21.3
21.4
21.4
2.8
2.8
2.8
2.8
2.9
2.9
3.0
3.0
3.0
3.1
3.1
3.1
13.1
13.0
14.0
13.2
12.8
12.2
10.7
12.4
13.2
12.0
13.0
12.4
23.4
23.4
23.5
23.5
23.5
23.5
23.2
23.4
23.6
23.5
23.7
23.5
5.9
5.9
5.9
6.0
6.0
6.0
6.1
6.2
6.2
6.3
6.4
6.4
7.4
7.2
7.1
7.2
7.2
7.2
7.1
7.0
7.1
7.2
7.4
7.5
7.9
8.0
8.1
8.1
8.2
8.2
8.3
8.3
8.4
8.4
8.5
8.5
11.2
11.5
12.5
12.4
12.3
12.4
12.7
12.8
13.2
12.9
13.1
13.4
2.3
2.3
2.3
2.2
2.2
2.3
2.1
2.2
2.2
2.2
2.2
2.2
191.0
190.1
190.3
190.3
190.1
188.7
188.7
188.6
190.8
188.4
189.9
191.5
226.1
147.0
64.6
50.3
39.8
20.0
22.6
3.7
13.5
24.9
7.1
8.8
8.9
15.2
2.9
209.3
215.5
218.4
223.5
218.8
219.2
220.3
224.6
228.9
231.0
234.2
236.3
241.7
136.1
136.1
138.7
140.7
142.5
144.7
147.4
151.0
153.1
155.9
157.7
160.0
57.7
57.4
59.5
61.0
62.5
63.6
65.5
67.4
67.8
70.0
70.9
71.9
45.1
45.2
45.7
47.1
48.6
49.4
50.7
52.5
52.7
54.5
55.4
56.4
37.8
37.8
38.2
38.5
38.9
39.6
40.3
40.8
41.2
41.3
41.3
42.1
19.2
19.4
19.5
19.5
19.6
19.8
19.8
20.2
20.3
20.5
20.7
20.9
21.4
21.4
21.5
21.8
21.4
21.8
21.9
22.6
23.8
24.1
24.8
25.1
3.2
3.3
3.3
3.4
3.5
3.6
3.7
3.8
3.9
4.0
4.0
4.1
13.6
12.2
12.7
12.4
13.5
12.2
13.5
14.1
13.2
14.2
15.0
15.0
23.6
23.7
23.8
24.0
24.3
24.8
25.9
26.1
25.6
25.4
25.3
26.2
6.7
6.8
6.9
6.9
6.9
7.0
7.1
7.2
7.3
7.3
7.4
7.4
8.3
8.3
8.2
8.2
8.4
8.5
8.5
8.7
10.1
8.8
8.8
10.8
8.6
8.7
8.7
8.7
8.8
8.9
9.0
9.1
9.1
9.2
9.2
9.2
18.2
22.2
23.9
17.1
14.2
13.6
12.3
11.9
11.6
12.4
12.1
12.0
2.8
2.7
2.8
2.7
2.8
2.9
2.8
3.0
2.8
3.2
3.1
3.0
198.6
202.9
207.5
203.2
202.5
204.9
207.8
211.5
214.5
216.7
218.1
223.5
.
1950
January..
February
March
April
May
June
July
August
September..
October
November
December . .
. _.
.
-
1951
253.7
171.3
76.1
59.3
44.3
21.7
29.2
4.6
15.8
27.0
7.7
8.5
9.6
12.6
3.4
234.4
January .
February March
April
May
June
July August
September
October
November ._. .
December
242.9
245.5
248.1
250.9
252.3
254.0
253.5
256.4
256.9
259.8
260.8
261.8
162.4
165.2
167.5
169.6
169.8
172.5
172.0
172.7
173.6
174.7
176.8
178.1
72.7
73.8
75.0
76.4
76.3
76.7
76.9
76.7
76.8
76 6
77.4
78.5
56.8
57.7
58.6
59.8
59.5
59.9
59 7
59.6
59.8
59 3
60.1
61.1
42.6
43.6
43.7
44.1
43.7
45.1
44 1
44.4
44.7
44 6
45.0
45.5
21.0
21.1
21.3
21.3
21.4
21.6
21.7
21.8
21.9
22 2
22.3
22.5
26.0
26.7
27.4
27.9
28.4
29.1
29.3
29.8
30.2
31 4
32 2
31.6
4.2
4.3
4.4
4.5
4.5
4.6
4.7
4.7
4.8
48
49
5.0
15.4
15.4
15.5
15.9
16.4
14.9
15.0
16.3
15.8
16.9
16.2
15.6
26.9
26.7
26.7
26.7
26.9
26.9
26.9
27.3
27.2
27.4
27.4
27.3
7.4
7.4
7.4
7.5
7.5
7.6
7.7
7.8
7.9
8.0
8.1
8.2
8.1
8.2
8.5
8.5
8.5
8.5
8.4
8.4
8.4
8.6
8.2
8.7
9.4
9.4
9.5
9.5
9.5
9.6
9.6
9.7
9.7
9.7
9.8
9.8
12.4
12.2
12.1
12.2
12.7
12.9
12.7
12.8
12.8
13.1
12.8
12.4
3.5
3.3
3.6
3.3
3.6
3.4
3.4
3.3
3.4
3.5
3.5
3.4
224.1
226.9
229.2
231.6
232.5
235.7
235.0
236.6
237.7
239.4
241.2
242.8
..
.
• R e v i s e d estimates for 1973 and 1974 will be s h o w n i n the July 1976 S U R V E Y OF C U R R E N T
B U S I N E S S . Further revisions to the 1974 estimates will be s h o w n i n the J u l y 1977 S U R V E Y OF
CURRENT BUSINESS.
1. Consists of agriculture, forestry, and fisheries; mining; contract construction; a n d
manufacturing.
.
2. Consists of transportation; communication; electric, gas, and sanitary services; a n d trade.
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
75
Table 2.2.—Personal Income: Annually, 1946 1 and Seasonally Adjusted Monthly Totals at Annual Rates, 1946-74—Continued
(Billions of dollars]
Wage and salary disbursements
Year and month
Personal
income
All industries
1952.
January
FebruaryMarch
April
May
June
July
August
September..
October
November..
December..
1953.
January
February...
March
April
May
June
July
August
SeptemberOctober
NovemberDecember. .
Commodityl
producing
Total
Manufacturing
Distributive *
Government
and
Service « government
enterprises
Other
labor
income
Proprietors' income
with inventory
valuation and
capital consumption adjustments
Farm
Nonfarm
Rental
income
of
persons
with
capital
consumption
adjustment
Dividends
270.4
185.4
81.9
64.1
46.9
23.3
33.3
5.2
14.9
28.0
8.8
8.5
259.9
263.7
264.3
263.9
179.4
181.0
181.9
180.6
182.5
182.7
180.4
186.9
189.8
191.3
193.1
194.4
79.2
79.8
80.2
79.4
80.0
79.2
76.7
82.1
85.1
85.8
86.9
88.3
61.5
62.0
62.5
61.9
62.5
62.1
59.4
64.2
66.8
68.0
68.8
70.1
45.5
45.8
46.2
45.7
46.3
46.5
46.8
47.5
47.3
47.9
48.3
48.3
22.6
22.9
22.8
22.9
23.1
23.2
23.3
23.3
23.6
23.7
23.8
23.9
32.1
32.5
32.6
32.7
33.1
33.8
33.6
33.9
33.7
33.9
34.0
33.8
5.0
5.0
5.1
5.1
5.1
5.1
5.2
5.3
5.3
5.3
5.4
5.4
13.8
15.0
14.6
14.6
14.8
15.8
16.8
16.6
16.4
15.2
12.5
12.6
27.4
27.6
27.5
27.7
27.9
28.2
28.1
28.1
28.1
28.6
28.6
28.8
8.1
8.2
8.3
8.5
8.7
8.8
8.8
9.0
9.1
9.3
9.4
9.5
7.4
8.2
8.4
8.5
8.6
8.5
8.4
8.5
8.5
8.6
8.7
8.7
268.4
267.3
274.8
277.5
278.7
278.1
280.1
Personal Transfer Personal
paycontribuinterest
ments
tions for
income
social
insurance
10.3
13.1
3.8
10.0
10.0
10.0
10.1
10.2
10.3
10.4
10.4
10.5
10.7
10.8
12.8
12.4
12.4
12.5
12.9
12.8
13.0
14.0
13.7
13.6
13.6
13.9
3.9
3.7
3.8
3.7
3.7
3.8
3.8
3.7
3.8
3.8
3.8
3.9
286.1
198.6
89.4
71.2
49.7
25.0
34.4
5.9
12.9
28.4
10.0
8.8
11.4
14.1
4.0
280.8
282.7
285.5
285.8
287.1
288.3
287.8
287.1
287.1
288.9
287.1
286.2
194.8
196.5
198.4
199.0
200.1
200.1
200.0
200.1
199.1
199.8
198.3
196.8
88.5
89.3
90.3
90.4
90.6
90.4
90.8
90.3
88.9
89.0
87.8
86.9
70.3
71.0
72.0
72.3
72.4
72.2
72.5
72.0
70.6
70.7
69.5
48.1
48.7
49.1
49.3
50.0
50.0
50.0
50.1
50.2
50.6
50.5
49.9
24.0
24.3
24.6
24.9
24.9
25.2
25.2
25.2
25.5
25.6
25.5
25.6
34.1
34.2
34.3
34.3
34.6
34.5
34.4
34.6
34.5
34.5
34.4
34.3
5.5
5.7
5.8
5.8
5.8
5.8
5.9
6.0
6.0
6.0
6.1
6.1
13.9
13.1
13.3
12.6
12.7
13.3
12.6
11.9
12.9
12.8
12.8
13.3
28.7
28.7
28.8
28.6
28.5
28.4
28.4
28.2
28.1
28.1
28.0
27.8
9.4
9.5
9.6
9.7
9.8
9.9
10.1
10.2
10.3
10.5
10.6
10.7
7.8
8.5
8.7
9.0
9.2
9.2
9.1
9.0
8.9
8.9
9.0
8.6
10.8
11.0
11.1
11.2
11.3
11.3
11.4
11.4
11.5
11.9
12.0
12.1
13.8
13.7
13.9
13.9
13.8
14.2
14.0
14.2
14.1
15.0
14.3
14.7
3.9
3.9
4.0
4.0
4.0
4.0
4.0
4.0
3.9
4.0
3.9
4.0
196.8
85.5
67.5
50.1
26.3
34.9
6.1
12.3
28.5
11.0
9.1
12.7
16.2
4.6
86.0
86.3
85.7
85.0
85.3
85.0
84.3
84.3
84.1
85.4
87.2
87.6
68.1
67.9
67.6
67.0
67.2
67.0
66.5
66.5
66.4
67.4
69.1
50.0
50.1
49.9
50.0
49.5
49.9
50.1
50.1
50.6
50.4
50.8
50.1
25.5
25.5
25.6
25.8
25.8
26.1
26.1
26.6
26.8
27.1
27.3
27.3
34.4
34.4
34.3
34.5
34.7
34.9
34.9
35.1
35.3
35.3
35.3
35.4
6.0
6.0
6.0
6.0
6.0
6.0
6.1
6.1
6.2
6.3
6.3
6.4
13.7
13.5
12.8
11.8
11.7
11.9
11.8
12.3
13.1
11.6
11.9
11.5
27.6
27.8
28.0
28.2
28.3
28.5
28.5
28.4
28.6
29.0
29.4
29.5
10.5
10.6
10.7
10.8
10.9
11.0
11.1
11.2
11.3
11.3
11.4
11.4
9.5
9.3
9.0
8.8
8.7
8.6
8.9
9.0
9.3
9.1
9.3
9.3
12.2
12.3
12.4
12.5
12.6
12.7
12.8
12.9
13.0
13.1
13.1
13.2
14.9
15.4
15.9
16.0
16.0
16.0
16.4
16.3
16.5
17.3
17.0
17.1
4.6
4.5
4.6
4.6
4.5
4.6
4.6
4.6
4.7
4.7
4.7
4.8
1954..
January
February...
March
April
May
June
July
August
September..
October
NovemberDecember. .
285.7
286.7
285.7
284.6
285.5
285.7
286.2
287.8
289.5
291.4
294.0
294.9
195.8
196.3
195.6
195.2
195.8
195.6
195.2
196.2
196.2
198.4
200.2
201.1
1955..
308.8
211.7
92.9
73.8
53.4
28.8
36.6
7.0
11.3
31.2
11.3
10.3
13.8
17.5
5.2
January
FebruaryMarch
April
May
June
July
August
September..
October
NovemberDecember. .
296.3
298.0
300.4
303.4
306.0
307.1
311.8
312.0
314.3
315.9
318.3
320.3
202.2
203.4
205.1
207.4
209.8
210.9
214.9
214.0
215.3
217.2
219.1
220.3
88.1
89.2
90.3
91.1
92.7
92.9
93.7
93.7
94.3
95.4
96.7
97.0
69.8
70.7
71.6
72.2
73.5
73.6
74.2
74.4
75.0
76.0
77.4
77.6
51.1
51.3
51.6
52.1
52.6
53.1
53.8
54.2
54.6
55.0
55.2
55.8
27.5
27.5
27.8
28.1
28.4
28.5
29.0
29.3
29.5
29.7
29.9
30.2
35.4
35.5
35.4
36.2
36.1
36.4
38.4
36.8
36.9
37.1
37.2
37.4
6.5
6.6
6.7
6.8
6.9
7.0
7.1
7.2
7.3
7.4
7.4
7.4
11.8
11.7
11.4
11.6
11.6
11.3
10.6
11.2
11.3
10.8
11.2
10.6
30.0
30.1
30.4
30.8
30.9
30.9
31.6
31.5
31.9
32.2
32.2
32.2
11.2
11.2
11.2
11.2
11.2
11.2
11.2
11.3
11.3
11.4
11.4
11.4
9.7
9.7
10.0
9.9
10.0
9.8
10.3
10.6
10.6
10.3
10.3
11.4
13.2
13.3
13.4
13.4
13.6
13.7
13.9
14.0
14.2
14.2
14.3
14.4
16.9
17.0
17.4
17.3
17.3
17.5
17.5
17.6
17.7
17.7
17.7
17.9
5.1
5.0
5.2
5.1
5.2
5.2
5.3
5.3
5.3
5.3
5.4
5.4
228.3
100.4
79.4
57.7
31.5
38.8
8.0
11.2
32.4
11.6
11.1
15.3
18.7
5.8
97.3
97.5
98.1
99.8
99.2
99.8
98.3
100.9
102.1
103.4
103.2
104.9
77.5
77.3
77.7
79.0
78.2
78.3
77.5
79.5
80.7
82.1
81.9
83.3
56.2
56.7
57.1
57.5
57.3
57.6
57.6
57.8
58.2
58.4
58.7
59.1
30.3
30.6
30.8
31.0
31.2
31.5
31.6
31.8
31.9
32.2
32.4
32.7
37.5
37.8
38.1
38.3
38.4
38.8
39.0
39.1
39.4
39.5
39.6
39.8
7.5
7.6
7.8
7.8
7.9
8.0
8.1
8.2
8.3
8.4
8.5
8.5
11.0
11.3
10.5
10.6
10.9
11.0
11.3
11.8
11.6
12.2
11.4
10.8
31.9
31.8
32.1
32.2
32.2
32.4
32.1
32.5
32.6
32.8
33.0
11.4
11.4
11.5
11.5
11.6
11.6
11.7
11.7
11.7
11.8
11.8
11.8
10.9
11.0
10.8
10.8
10.9
11.0
10.9
10.9
11.1
11.5
11.6
11.1
14.5
14.6
14.8
15.0
15.2
15.3
15.4
15.5
15.6
15.8
16.0
16.1
18.1
18.1
18.3
18.3
18.5
18.6
18.7
19.1
19.1
19.2
19.1
19.3
5.7
5.7
5.7
5.7
5.8
5.8
5.8
5.9
5.8
6.0
6.0
6.0
33.8
41.0
9.0
11.0
33.9
12.2
11.5
17.4
21.6
6.7
59.1
59.6
60.0
59.9
60.2
60.7
60.9
61.3
61.1
60.9
61.1
61.0
32.7
33.2
33.5
33.5
33.5
33.7
34.0
34.1
34.3
34.1
34.4
34.5
40.0
40.2
40.4
40.3
40.8
41.0
41.3
41.5
41.7
41.6
41.6
41.6
8.5
8.6
8.7
8.8
8.9
9.0
9.1
9.2
9.3
9.4
9.4
9.5
10.5
10.6
10.6
10.6
10.8
10.9
11.3
11.6
11.3
11.3
11.3
11.6
33.5
33.8
33.8
33.8
33.9
34.2
34.3
34.3
34.2
34.1
33.8
11.9
11.9
12.0
12.1
12.1
12.2
12.3
12.4
12.5
12.6
12.5
12.4
11.4
11.4
11.6
11.6
11.7
11.7
11.8
11.8
11.7
11.7
11.7
11.2
16.3
16.5
16.7
16.9
17.1
17.3
17.5
17.7
17.9
18.0
18.2
18.2
19.9
20.2
20.5
20.9
21.8
21.8
21.8
21.8
21.8
22.8
23.0
23.5
6.7
6.6
6.7
6.6
6.7
6.7
6.8
6.8
6.7
6.7
6.7
6.6
1956..
January
February...
March
April
May
June
July
August
SeptemberOctober
November..
December..
320.9
322.8
324.2
327.2
327.6
329.7
328.8
333.8
335.8
341.3
221.3
222.5
224.1
226.6
226.2
227.7
226.4
229.7
231.6
233.5
233.9
236.5
1957..
349.3
239.3
104.0
82.4
January
February...
March
April
May
June
July
August
SeptemberOctober
NovemberDecember..
341.3
344.4
345.9
346.3
348.0
350.6
352.1
353.7
352.8
352.8
353.1
352.0
235.9
238.1
238.7
238.2
238.4
240.1
240.8
241.7
240.8
239.7
239.8
238.6
104.0
105.0
104.9
104.4
103.9
104.6
104.6
104.8
103.8
103.1
102.7
101.5
82.8
83.4
83.3
83.0
82.4
82.9
82.9
83.3
82.2
81.6
81.4
80.0
3. Consists of finance, insurance, and real estate; services; and rest of the world.
4. Equals personal income less the following farm components: Wages and salaries, other
labor income, proprietors' income with inventory valuation and capital consumption adjustm e n t , and net interest. These components plus employer contributions for social insurance
and farm corporate profits with inventory valuation and capital consumption adjustments
equal income shown annually in table 1.18.
NOTE.—The industry classification of wage and salary disbursements and proprietors
income is on an establishment basis and is based on the 1967 Standard Industrial Classification
beginning with 1948 and on the 1942 Standard Industrial Classification prior to 1948.
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
76
Table 2.2.—Personal Income: Annually, 1946-74 and Seasonally Adjusted Monthly Totals at Annual Rates, 1946-74—Continued
[Billions of dollars]
Wage and salary disbursements
Year and month
Personal
income
All industries
Commodity
producing*
Total
Manufacturing
Distributive 2
Government
and
government
enterprises
Farm
Nonfarm
Kental
income
of
persons
with
capital
consumption
adjustment
Dividends
Less:
Personal Transfer Personal
interest
paycontribuincome
ments tions for
social
insurance
44.1
9.4
13.1
34.3
12.9
11.3
18.8
25.9
6.9
34.7
34.9
35.1
35.3
35.6
35.7
35.9
36.0
36.2
36.6
36.7
36.9
41.7
42.0
42.3
42.5
42.8
43.9
48.3
45.0
45.0
45.1
45.3
45.3
9.3
9.2
9.1
9.1
9.2
9.3
9.3
9.4
9.4
9.6
9.8
9.9
12.3
13.8
14.7
13.7
13.2
12.6
12.9
12.9
13.1
12.7
12.7
12.7
33.6
33.5
33.6
33.8
33.9
34.0
34.2
34.4
34.5
34.9
35.4
35.4
12.7
12.7
12.7
12.8
12.8
12.9
12.8
12.9
12.9
13.0
13.1
13.1
11.4
11.4
11,4
11.4
11.4
11.4
11.4
11.3
11.3
11.1
11.0
11.1
18.2
18 2
18.2
18.2
18.3
18.5
18.8
19.0
19.2
19.4
19.5
19.7
24.2
24.1
25.0
26.1
26.6
26.2
26.5
26.8
26.7
26.7
26.0
26.1
6.8
6.7
6.7
6.7
6.7
6.8
7.1
6.9
6.9
6.9
7.0
7.0
64.8
38.8
46.0
10.6
10.7
36.6
13.2
12.2
20.9
27.0
7.9
63.0
63.4
63.8
64.2
64.8
65.2
64.9
65.4
65.2
65.6
65.8
66.2
37.0
37.3
37.7
38.2
38.3
38.5
39.0
39.1
39.4
40.0
40.2
40.6
45.3
45.5
45.5
45.6
45.8
46.0
46.1
46.3
46.3
46.5
46.7
46.8
10.0
10.1
10.2
10.4
10.5
10.6
10.7
10.8
10.8
10.9
10.9
11.0
11.9
11.6
11.3
11.1
10.9
10.8
10.9
9.6
9.4
9.0
10.1
11.3
35.5
35.9
36.3
36.6
36.8
37.0
37.0
36.7
36.8
36.7
36.7
36.6
12.9
12.8
12.9
13.0
13.1
13.2
13.3
13.4
13.5
13.5
13.6
13.6
11.5
11.8
11.9
12.0
12.1
12.2
12.2
12.4
12.4
12.5
12.5
12.7
19.7
19.9
20.1
20.3
20.5
20.8
21.0
21.2
21.5
21.7
22.0
22.4
26.4
26.7
26.6
26.6
26.5
26.7
26.9
26.8
27.3
27.4
28.0
27.9
7.8
7.8
7.9
7.9
8.0
8.1
8.0
7.9
7.9
7.9
8.0
8.0
41.7
49.2
11.2
11.4
35.6
13.8
12.9
23.3
28.9
9.3
47.4
47.6
48.0
48.3
48.7
48.8
49.4
49.9
50.2
50.4
50.5
50.6
11.0
11.0
11.1
11.1
11.2
11.2
11.2
11.3
11.3
11.4
11.4
11.4
10.7
10.1
9.7
11.2
11.8
12.1
11.9
11.9
11.8
11.8
12.1
12.0
36.4
36.2
35.9
36.1
36.0
35.7
35.4
35.1
35.0
35.2
34.9
34.8
13.5
13.5
13.6
13.7
13.7
13.7
13.8
13.8
13.9
13.9
14.0
14.0
12.7
12.7
12.7
12.7
12.8
12.8
13.0
13.1
13.2
13.1
13.1
12.8
22.9
23.0
23.1
23.1
23.1
23.1
23.3
23.3
23.5
23.6
23.7
23.7
27.4
27.6
28.1
28.2
28.4
28.8
28.9
29.3
29.7
29.8
30.4
30.8
9.2
9.2
9.2
9.2
9.3
9.2
9.3
9.3
9.4
9.4
9.3
9.3
1958.
359.3
240.5
99.8
78.6
60.8
January...
February..
March....
April
May
June
July
August
September.
October...
November.
December.
352.0
351.5
353.3
352.4
353.7
355.6
362.1
361.9
364.0
364.8
237.1
235.4
235.4
233.9
234.9
237.5
243.2
242.1
243.6
244.2
248.6
249.8
100.3
98.1
97.9
96.6
96.7
97.7
98.7
100.3
101.2
100.9
104.5
105.0
78.8
77.4
77.1
75.9
75.9
76.9
77.8
79.1
79.9
79.2
82.4
83.0
60.4
60.4
60.1
59.5
59.8
60.2
60.4
60.8
61.2
61.6
62.2
62.6
1959.
382.1
258.9
109.3
86.8
January- .
February—
March
April
May
June
July
August
September.
October....
November.
December .
371.4
373.6
376.6
379.7
382.3
384.8
385.2
382.3
383.1
384.1
388.2
251.3
252.8
255.2
257.6
259.9
261.5
261.2
259.4
259.4
260.3
262.4
266.3
105.9
106.6
108.3
109.6
110.9
111.8
111.2
108.5
108.6
108.2
109.6
112.7
83.7
84.6
86.0
87.0
88.2
88.9
88.8
86.1
86.4
85.9
86.7
89.7
370.8
Service 3
Other
labor
income
Proprietors' income
with inventory
valuation and
capital consumption adjustments
I960..
399.7
271.9
112.9
89.7
68.2
January...
February..
March
April
May
June
July
August
September.
October...
November.
December.
394.7
394.9
395.3
400.4
400.7
401.2
401.4
402.1
403.5
403.0
400.5
269.3
269.9
270.4
272.0
272.8
272.6
273.1
272.9
273.0
274.1
272.8
270.2
114.2
114.5
114.0
114.0
114.4
113.4
113.2
112.4
111.8
112.0
111.1
108.9
91.3
91.4
91.3
90.8
90.9
90.3
89.8
89.1
88.5
88.7
87.8
86.1
67.0
67.0
67.8
68.4
68.4
68.6
68.7
68.6
68.6
69.2
68.5
67.9
40.6
40.7
40.6
41.2
41.4
41.6
41.8
42.0
42.4
42.4
42.6
42.8
1961.
415.0
279.5
113.4
89.8
69.3
44.4
52.4
11.8
11.8
36.4
14.3
13.3
24.6
32.8
9.7
January...
February..
March
April
May
June
July
August
September.
October.._
November.
December.
403.8
405.8
407.1
407.9
410.9
415.1
417.0
417.3
418.2
421.9
426.0
428.6
272.5
272.5
273.5
274.6
276.3
278.9
280.1
281.5
281.9
284.7
287.8
289.3
110.1
109.7
110.3
110.9
112.0
113.6
114.0
114.8
113.7
115.8
117.6
118.2
86.8
86.8
87.0
87.8
88.9
89.8
90.4
91.1
89.8
91.8
93.4
93.9
68.5
68.3
68.1
68.4
68.6
69.0
69.5
69.3
70.0
70.3
70.4
70.5
43.1
43.3
43.8
43.7
44.0
44.3
44.2
44.7
44.9
45.0
45. 5
46.0
50.8
51.1
51.3
51.6
51.6
52.1
52.3
52.7
53.3
53.6
54.3
54.6
11.5
11.5
11.6
11.6
11.7
11.7
11.8
11.9
12.0
12.1
12.2
12.3
11.8
11.9
12.0
11.7
11.6
11.6
11.6
11.6
11.7
11.8
12.1
12.1
35.5
35.6
35.9
36.0
36.3
36.7
36.6
36.7
36.8
37.0
37.2
37.1
14.1
14.1
14.1
14.2
14.2
14.2
14.3
14.4
14.4
14.4
14.5
14.5
13.0
13.0
13.1
13.0
13.1
13.2
13.2
13.3
13.5
13.7
13.8
14.1
23.7
23.8
24.0
24.1
24.3
24.4
24.6
24.8
25.0
25.3
25.6
25.9
31.2
32.8
32.5
32.1
33.0
33.9
34.3
32.8
32.6
32.6
32.7
33.1
9.5
9.5
9.5
9.5
9.6
9.6
9.7
9.7
9.7
9.8
9.8
9.9
1962.
440.7
298.0
121.5
96.7
72.8
47.5
56.3
13.0
11.9
37.7
15.0
14.4
27.1
33.8
10.3
January...
February..
March
April
May
June
July
August
September.
October...
November.
December.
117.6
119.1
120.3
121.8
121.5
121.5
122.0
122.1
123.0
122.5
123.5
123.2
93.8
94.8
95.7
96.8
96.6
96.9
97.2
97.0
97.7
97.4
97.9
98.0
70.9
71.3
72.3
72.2
72.6
72.9
73.0
73.0
73.6
73.5
73.9
74.2
46.1
46.3
46.6
47.2
47.3
47.4
47.7
47.8
47.9
48.1
48.4
48.7
54.9
55.4
55.6
55.7
55.8
56.4
56.3
56.4
56.6
57.0
57.7
58.0
313.4
126.6
100.6
76.3
50.6
60.0
305.1
306.5
308.0
306.8
310.5
313.4
313.6
315.3
317.2
319.4
320.1
322.7
123.8
123.8
124.2
124.6
125.7
126.6
127.1
127.3
128.4
128.8
128.9
130.0
98.4
98.5
99.0
99.0
99.9
100.6
100.9
100.8
101.6
102.1
102.7
103.5
73.9
74.6
75.3
75.3
75.6
76.6
76.2
76.8
77.3
77.5
77.7
78.3
49.1
49.5
49.7
49.8
50.1
50.4
50.6
51.0
51.1
51.6
51.7
52.1
58.3
58.6
58.8
59.1
59.2
59.8
59.7
60.2
60.5
61.6
61.9
62.2
428.5
431.6
435.3
437.9
438.9
440.3
441.9
443.1
445.4
446.4
448.6
450.7
289.5
292.0
294.7
296.9
297.2
298.2
299.1
299.3
301.2
301.1
303.2
304.2
1963.
463.1
January...
FebruaryMarch
April
May
June
July
August—
September.
October...
November.
December.
454.9
453.0
454.7
456.2
458.5
462.2
463.1
465.4
468.2
471.3
472.5
477.0
14.6
14.7
14.7
14.7
14.8
14.9
15.0
15.1
15.2
15.4
15.5
15.6
13.8
14.0
14.1
14.4
14.4
14.5
14.4
14.6
14.7
14.5
14.5
15.1
25.6
25.8
26.1
26.3
26.6
27.0
27.3
27.6
27.8
28.2
28.5
28.8
33.3
33.3
33.6
33.3
33.3
33.5
33.7
33.9
33.8
34.8
34.4
34.3
10.1
10.2
10.3
10.3
10.3
10.3
10.3
10.3
10.4
10.4
10.5
10.5
38.7
15.7
15.5
30.2
35.8
11.8
38.0
38.1
38.1
38.3
38.3
38.4
38.7
38.9
39.1
39.5
39.5
15.6
15.6
15.6
15.7
16.0
15.7
15.7
15.7
15.7
15.7
15.7
15.7
15.1
15.1
15.0
15.1
15.4
15.6
15.6
15.5
15.6
15.7
15.9
16.4
28.9
29.0
29.1
29.3
29.6
29.9
30.2
30.6
30.9
31.2
31.5
31.8
38.5
34.8
35.0
35.1
35.2
35.6
35.5
35.6
35.8
36.1
36.1
36.8
11.6
11.6
11.6
11.6
11.7
11.8
11.8
11.8
11.9
11.9
12.0
12.1
12.2
12.2
12.1
12.2
12.0
11.8
11.8
11.7
11.6
11.7
11.7
11.7
37.2
37.3
37.6
37.7
37.8
37.8
37.9
38.0
38.1
37.7
37.8
37.9
14.0
11.6
13.6
13.6
13.6
13.7
13.7
13.8
13.9
14.0
14.2
14.3
14.5
14.6
11.7
11.8
11.8
11.9
11.8
11.6
11.6
11.6
11.6
11.4
11.3
11.2
12.4
12.5
12.7
12.7
12 9
13.0
13.1
13.2
13.3
13.4
13.5
13.6
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
77
Table 2.2.—Personal Income: Annually, 1946-74 and Seasonally Adjusted Monthly Totals at Annual Rates, 1946-74—Continued
[Billions of dollars]
Proprietors' income
with inventory
valuation and
capital consumption adjustments
Wage and salary disbursements
Year and month
Personal
income
All industries
Commodity
producing *
Total
1964.
January
February
March
April
May
June
July
August
September....
October
November...
December
Manufacturing
Distributive «
Service 8
Government
and
government
enter-
Other
labor
income
Farm
Nonfarm
Rental
income
of
persons
with
capital
consumption
adjustment
Dividends
Personal
Personal Transfer contribupaytions for
interest
ments
income
social
insurance
495.7
336.1
135.1
107.1
81.4
54.7
64.9
15.7
10.3
42.0
16.1
17.3
33.3
37.4
12.6
479.8
482.1
484.7
488.3
491.6
494.1
497.0
500.9
503.6
504.2
507.8
513.7
323.5
327.1
340.1
341.8
341.9
344.7
348.6
129.4
131.6
132.4
133.7
134.1
134.8
135.7
136.8
137.7
136.3
138.2
140.6
103.2
104.3
105.0
106.0
106.4
106.7
107.5
108.6
109.6
107.4
109.5
111.5
78.6
79.4
79.6
79.9
80.8
81.3
81.7
82.5
82.4
83.1
83.4
84.5
52.7
53.3
53.5
53.9
54.3
54.5
54.8
55.1
55.5
55.9
56.4
56.5
62.8
63.1
63.4
63.6
64.1
64.6
64.6
65.7
66.1
66.7
66.7
67.1
14.8
15.0
15.1
15.3
15.5
15.6
15.8
16.0
16.1
16.3
16.5
16.7
10.4
10.2
10.0
10.1
10.3
10.1
10.1
10.1
10.1
10.5
10.6
10.8
40.5
40.8
41.2
41.8
41.9
42.2
42.4
42.6
42.7
42.3
42.5
42.8
15.8
15.9
16.0
16.0
16.0
16.0
16.1
16.2
16.3
16.3
16.4
16.4
16.5
16.7
16.8
16.9
17.2
17.4
17.5
17.4
17.6
17.7
17.9
18.3
31.8
31.9
32.1
32.5
32.8
33.1
33.4
33.8
34.0
34.2
34.5
34.9
38.8
36.6
36.8
37.1
37.2
37.1
37.4
37.4
37.6
37.6
37.5
38.1
12.2
12.3
12.4
12.4
12.5
12.5
12.6
12.7
12.7
12.7
12.8
12.9
331.2
335.1
537.0
362.0
145.7
115.5
87.2
59.2
69.9
17.8
12.6
44.1
17.1
19.1
37.2
40.4
13.3
January
February—
March
April
May
June
July
August
SeptemberOctober
November ~
December..
517.9
518.2
521.2
524.9
529.8
534.0
537.1
539.2
554.1
551.2
556.0
560.8
349.3
351.1
352.9
354.6
357.7
359.1
361.8
364.2
367.4
372.0
375.4
378.5
141.1
142.3
142.8
142.7
144.1
145.2
145.5
146.2
147.0
148.9
150.4
152.2
112.0
112.6
113.3
113.3
114.0
114.9
115.7
116.0
116.6
118.0
119.3
120.3
84.5
84.8
85.3
86.0
86.7
86.2
87.2
87.8
88.4
89.5
89.9
90.4
56.6
56.6
57.2
57.7
58.5
58.8
59.5
59.9
60.6
61.3
62.0
62.1
67.2
67.4
67.6
68.2
16.8
17.0
17.2
17.4
17.6
17.7
17.9
18.1
18.3
18.5
18.6
18.8
11.4
11.5
11.4
11.9
12.9
14.0
13.4
13.0
12.9
12.7
12.8
13.1
42.6
42.9
43.4
43.5
43.7
44.0
44.3
44.3
44.5
45.0
45.4
45.7
16.4
16.7
16.9
17.0
17.0
17.0
17.1
17.3
17.4
17.5
17.5
17.6
18.2
18.2
18.3
18.5
18.8
19.3
19.3
19.3
19.6
19.8
20.0
20.2
35.3
35.6
35.9
36.4
36.7
37.2
37.5
37.8
38.1
38.3
38.5
38.9
40.7
38.2
38.4
38.8
38.7
38.8
39.2
38.7
49.3
41.0
41.4
41.8
13.0
13.0
13.1
13.1
13.2
13.2
13.3
13.4
13.5
13.6
13.7
13.8
1966..
584.9
398.4
160.7
128.0
94.4
65.0
78.3
19.9
13.6
46.7
18.2
19.4
41.8
44.7
17.8
January
FebruaryMarch
April
May
June
July
August
September..
October
November..
December. .
562.9
568.4
572.3
575.1
577.5
582.3
585.8
590.9
595.9
599.3
603.3
604.8
380.6
384.1
152.7
155.3
156.9
158.5
159.3
161.2
161.5
163.2
164.0
164.8
165.2
165.3
121.4
123.3
124.4
126.1
126.8
128.1
128.5
130.2
130.9
132.0
132.3
132.1
91.0
91.4
91.8
92.8
93.5
94.2
95.5
95.3
95.6
96.8
97.1
97.4
62.4
62.5
63.0
63.5
64.0
64.5
65.5
66.2
66.4
66.9
67.3
74.4
74.9
75.2
76.1
76.8
77.6
79.1
79.8
80.4
81.2
81.9
82.5
19.0
19.2
19.4
19.5
19.7
19.9
20.0
20.1
20.1
20.4
20.7
20.9
14.9
15.6
15.3
14.1
13.6
13.4
13.4
13.3
13.1
12.3
12.2
12.1
45.8
46.1
46.7
46.5
46.3
46.7
46.5
46.9
47.0
47.1
47.4
47.5
17.7
17.8
17.9
18.0
18.1
18.1
18.2
18.3
18.4
18.5
18.6
18.6
20.2
20.1
19.9
19.8
19.6
19.5
19.3
19.3
19.4
19.3
19.4
17.5
39.4
39.8
40.3
43.8
41.3
41.8
42.1
42.4
42.8
43.2
43.7
44.2
42.4
42.9
43.1
43.0
42.7
42.6
43.0
44.5
47.0
47.2
48.4
49.3
17.0
17.1
17.1
17.3
17.3
17.4
18.2
18.3
18.3
18.4
18.5
18.5
1965.
401.5
404.4
406.5
409.7
411.6
413.2
69.6
70.2
71.5
72.3
73.1
73.9
626.6
427.5
168.0
134.1
100.9
72.2
86.4
21.7
12.1
48.9
19.4
20.1
45.0
52.6
January
February...
March
April
May
June
July
August
September..
October
NovemberDecember..
610.1
611.2
615.3
616.7
619.0
623.5
628.3
632.4
634.7
642.4
649.6
416.4
416.5
418.4
420.2
421.2
424.8
427.9
431.1
432.8
433.9
439.1
447.6
166.5
165.1
165.5
165.5
165.4
166.4
167.7
169.7
169.0
169.1
172.2
173.9
133.0
131.9
132.3
132.4
132.1
132.8
133.2
135.6
134.8
134.8
137.3
138.9
98.5
98.8
99.1
99.5
100.0
100.7
101.0
101.3
102.3
102.4
103.2
103.9
68.4
69.3
70.0
70.8
70.9
72.1
72.7
73.1
73.8
74.3
74.8
75.8
83.0
83.4
83.8
84.4
84.9
85.5
86.4
87.0
87.6
88.2
88.9
93.9
21.0
21.0
21.1
21.1
21.2
21.3
21.5
21.8
22.2
22.3
22.5
22.7
11.8
11.4
11.6
12.0
12.0
12.0
12.3
12.3
12.5
12.3
12.4
12.4
48.0
48.0
48.3
48.3
48.6
49.1
49.3
49.5
49.7
49.2
49.3
49.5
18.8
19.1
19.2
19.3
19.5
19.6
19.6
19.6
19.5
19.5
19.4
19.3
19.4
19.7
20.0
20.2
20.4
20.3
20.6
20.7
20.6
20.6
20.5
18.3
44.2
44.2
44.1
44.3
44.5
44.7
44.8
45.0
45.4
45.9
46.5
47.0
50.1
51.0
52.3
51.7
52.0
52.3
53.1
53.2
53.1
53.8
54.1
54.5
19.6
19.6
19.8
20.4
20.4
20.6
20.8
20.9
21.0
21.1
21.3
21.7
1967.
1968..
685.2
469.5
183.0
145.8
109.9
80.2
96.4
25.1
12.0
51.4
18.6
21.9
49.6
59.9
22.8
January
February...
March
April
May
June
July
August
SeptemberOctober
NovemberDecember..
652.3
660.2
667.8
671.1
678.3
684.0
690.0
699.4
703.8
708.8
712.8
446.8
453.2
456.9
458.7
463.8
468.1
472.3
475.8
479.7
482.7
486.7
489.7
174.1
177.3
178.2
178.5
181.8
182.5
183.7
184.6
186.5
188.1
189.6
191.1
139.4
141.7
142.1
141.9
145.0
145.8
146.3
146.9
148.2
149.9
150.8
151.8
104.7
105.9
107.2
107.5
107.6
109.8
110.4
111.5
112.6
113.0
114.3
114.7
76.3
77.4
7S.1
7a 5
79.4
80.1
80.5
81.2
81.8
82.4
83.2
83.9
91.7
92.6
93.5
94.2
95.0
95.7
97.9
98.5
98.8
99.2
99.6
100.0
23.1
23.5
24.0
24.3
24.6
25.2
25.4
25.6
25.8
26.1
26.5
27.0
12.0
11.7
11.4
11.2
11.4
11.7
12.0
12.1
12.3
12.6
12.8
12.9
50.1
50.6
51.1
51.2
51.8
51.8
51.7
51.6
51.7
51.9
51.6
51.6
19.2
19.1
19.0
18.9
18.8
18.7
18.6
18.5
18.3
18.2
18.1
18.0
20.9
21.1
21.4
21.6
21.9
21.7
22.2
22.4
22.5
22.6
22.7
22.2
47.2
47.5
48.0
48.6
49.2
49.6
49.9
50.1
50.5
50.9
51.4
51.9
54.9
55.6
58.3
59.1
59.7
59.9
60.5
61.5
61.7
62.2
62.6
63.0
21.9
22.1
22.3
22.5
22.7
22.8
23.0
23.1
23.2
23.3
23.5
23.5
1969..
745.8
514.6
199.1
157.5
120.7
89.9
104.9
28.2
13.9
52.3
18.1
22.6
55.9
66.5
26.3
January
February...
March
April
May
June
July
August
September.
October
NovemberDecember..
716.1
721.6
728.1
733.4
738.6
743.6
749.6
755.1
759.7
764.0
767.6
772.6
492.6
495.4
500.6
504.5
508.8
512.8
518.4
522.7
526.0
528.6
530.7
533.8
191.8
192.5
195.1
196.7
197.7
199.2
200.9
201.8
203.0
203.5
202.8
204.4
152.1
152.8
154.8
155.7
156.2
157.6
158.9
159.9
160.6
160.8
159.6
160.8
115.1
116.1
117.5
118.1
119.8
120.6
121.0
122.3
123.0
123.9
125.4
125.6
85.4
86.1
86.9
87.9
88.7
89.9
90.1
90.9
91.7
92.7
93.7
94.5
100.3
100.8
101.1
101.8
102.5
103.1
106.4
107.6
108.2
108.5
108.9
109.3
27.0
27.0
27.1
27.4
27.7
28.0
28.3
28.6
28.8
29.1
29.5
29.8
13.5
13.9
13.8
13.6
13.7
13.7
13.8
13.8
13.9
14.3
14.7
14.7
52.1
52.6
52.6
52.8
52.9
52.8
52.3
52.5
52.3
51.9
51.3
51.1
18.0
18.2
18.3
18.3
18.3
18.2
18.2
18.0
17.9
17.9
17.9
18.0
22.2
22.2
22.4
22.3
22.3
22.6
22.6
22.7
22.9
22.9
23.0
23.1
52.3
53.1
54.0
54.5
55.1
55.6
56.0
56.5
57.3
58.1
59.0
59.8
63.7
64.6
64.9
65.6
65.9
66.0
66.7
67.1
67.4
68.1
68.6
69.5
25.3
25.5
25.7
25.8
26.0
26.2
26.5
26.7
26.8
27.0
27.1
27.2
78
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
Table 2.2.—Personal Income: Annually, 1946-74, Seasonally Adjusted Monthly Totals at Annual Rates, 1946-74—Continued
[Billions of dollars]
Proprietors' income
with inventory
valuation and
capital consumption adjustments
Wage and salary disbursements
Year and month
Personal
income
All industries
Commodityl
producing
Total
Manufacturing
Distributive 2
Service 3
Government
and
government
enterprises
Other
labor
income
Farm
Nonfarm
Rentalincome
of
persons
with
capital
consumption
adjustment
Dividends
Less:
Personal Transfer Personal Noninterest
paycontribu- farm
income
ments
tions for
insocial
come4
insurance
801.3
546.5
202.5
158.2
130.1
97.9
116.0
32.0
13.9
51.2
18.6
22.9
64.3
79.9
28.0
780.7
774.2
778.8
784.6
803.9
799.5
799.0
803.8
808.7
815.1
812.5
814.3
820.8
535.0
537.1
540.7
546.1
547.2
545.3
548.2
550.8
553.8
548.7
550.0
554.5
203.5
203.6
205.0
203.7
202.2
203.1
203.8
203.7
202.8
198.1
198.0
201.8
160.4
159.8
160.8
159.6
158.7
159.0
159.6
159.1
158.5
153.4
152.8
156.3
126.4
127.2
128.0
127.6
129.3
129.6
130.8
131.9
132.3
132.6
133.0
132.7
95.0
95.7
96.3
96.5
97.1
97.3
97.7
98.4
99.3
100.0
100.6
101.2
30.2
30.5
30.8
31.0
31.4
31.8
32.2
32.6
32.9
33.2
33.6
34.0
14.7
15.0
15.0
14.7
14.3
13.9
13.5
13.2
13.2
13.0
13.2
13.4
50.7
50.8
51.0
51.1
51.1
51.2
51.3
51.4
51.4
51.4
51.3
51.7
18.0
18.2
18.3
18.4
18.5
18.6
18.7
18.8
18.9
19.0
19.1
19.2
23.1
22.9
22.9
23.0
23.1
22.8
22.9
22.9
22.9
23.0
23.0
22.1
60.1
60.9
6L 6
62.3
63.0
63.9
65.0
66.0
66.7
66.9
67.2
67.7
70.2
71 1
72.0
85.2
78.7
79.3
80.2
81.4
83.7
85.4
85.0
86.4
27 6
27 6
27 7
28 0
28.0
27 9
28.2
28 3
28 5
28 1
28 2
28 3
753
757
763
782
778
778
783
788
795
792
794
800
1971
859.1
579.4
207.8
160.3
139.3
106.8
110.0
110.7
111.5
118.2
118.6
115.3
115.9
116.7
119.4
118.0
118.4
118.9
125.6
36.2
14.3
53.4
20.1
23.0
69.3
94.1
30 8
838 (
January
February
March
. . .
April
May
June
July
August
September.
October .
November
December
831.8
834.0
840.7
845.1
850.1
869.1
860.0
865.6
868.6
872.6
880.3
891.3
563.3
564.4
567.8
572.0
576.5
578.3
580.9
585.6
585.3
587.3
590.6
601.1
204.6
203.6
204.3
206.1
207.6
208.2
208.1
208.3
208.5
209.4
210.2
214.5
158.5
158.3
158.3
159.0
160.4
160.6
160.4
160.3
160.3
161.3
161.7
165.1
134.5
135.4
136.2
137.2
138.5
138.6
139.8
140.8
141.9
142.0
142.2
145.0
102.5
102.7
103.9
104.8
105.9
106.5
107.3
108.2
108.6
109.5
110.2
111.1
121.8
122.7
123.3
124.0
124.5
125.0
125.7
128.3
126.3
126.5
128.0
130.6
34.2
34.3
34.6
35.0
35.5
36.0
36.4
36.8
37.2
37.6
38.1
38.5
14.6
15.4
16.2
14.9
13.9
13.9
12.6
12.6
12.5
14.4
15.3
16.2
51.8
51.7
52.3
52.6
52.9
53.1
53.5
53.8
54.3
54.5
55.3
55.4
19.4
18.7
19.7
19.8
20.0
20.1
20.3
20.5
20.6
20.5
20.6
21.1
23.5
23.3
23.0
23.0
23.0
22.9
23.0
23.1
23.0
23.1
23.2
21.7
68.6
69.0
69.0
69.0
69.2
69.3
69.1
69.0
69.1
69.5
70.3
70.8
86.6
87.5
88.6
89.2
89.7
107.2
95.0
95.3
97.5
96.7
98.1
98.0
30.2
30 2
30 4
30 5
30.7
30 7
30.8
31 1
31.0
31.0
31.1
31.5
810 \
811 [
817 i
823 5
829'
849 '
840 .
846 '
849 i
851..
858 5
868. (
942.5
633.8
226.7
175.4
151.9
117.9
137.3
42.0
18.0
58.1
21.5
24.6
74.6
104.1
34.2
917.,
902.4
914.6
920.1
927.0
931.7
923.0
940.3
949.7
954.0
971.7
984.1
992.0
609.4
616.9
619.6
624.7
626.2
630.3
632.8
638.4
643.3
649.1
653.8
660.6
216.7
219.7
222.2
223.7
224.6
225.4
224.9
227.8
230.1
232.6
235.2
237.3
166.1
169.5
171.5
172.9
173.5
174.4
174.3
176.2
178.0
180.3
182.8
185.0
146.0
149.0
148.5
149.7
149.5
151.3
152.1
152.8
153.8
155.7
156.3
158.5
112.7
113.7
114.7 "
116.4
116.6
117.6
118.9
119.5
120.0
120.9
121.0
122.8
133.9
134.5
134.2
135.0
135.6
136.0
136.9
138.3
139.4
140.0
141.4
142.0
38.8
39.4
39.9
40.7
41.2
41.8
42.3
42.8
43.4
43.9
44.4
44.8
16.6
17.0
17.4
17.7
18.2
18.7
17.9
17.1
16.2
18.1
19.8
21.4
56.1
56.6
57.3
58.4
58.8
56.7
58.3
59.8
58.0
58.5
59.7
59.4
21.9
22.1
22.3
22.4
22.5
9.8
22.8
23.3
23.4
23.4
22.8
22.0
23.8
23.9
23.8
24.1
24.3
24.4
24.7
25.0
25.0
25.2
25.4
25.6
71.4
71.7
72.1
72.7
73.4
74.0
74.5
75.2
76.2
77.0
78.1
79.2
97.9
101.0
101.5
100.2
100.9
101.3
101.8
102.3
102.8
110.9
114.8
113.9
33.4
33.8
33.7
33 8
33.8
33.9
34.8
34.2
34.3
34.5
34.7
34.9
878.'
890 .
895.,
902 \
906.'
897.1
915 \
925.J
930.'
946 ;
956.1
963. (
1970
January
February
March
April
May
June
July
August
September
October
November
December
. .
- --
.
..
1972
January .
February
March
April
May
June.
July
August
September.
October
November
December
3
5
2
7
£
3
7
8
C
8
S
S
1973*
1,054.3
701.0
253.4
196.2
168.1
130.8
148.6
47.5
32.4
59.3
21.3
27.8
88.4
118.6
42.2
1,013.,
January
February
March.
April
May
June..
July
August
September
October
November
December
999.6
1,012.7
1,022.4
1,030.7
1,038.3
1,048.0
1,056.8
1,067.1
1,079.5
1,090.0
1,099.1
1,107.1
669.7
677.3
682.4
688.2
692.0
698.2
702.1
706.6
714.0
720.8
728.2
732.2
241.0
244.4
246.0
248.2
249.6
252.2
254.0
255.3
258.7
261.4
264.4
265.8
186.6
189.8
190.8
192.9
193.6
195.1
196.0
197.3
199.8
202.3
204.5
205.3
160.2
162.0
163.5
165.0
166.0
167.7
168.1
169.6
171.6
173.0
175.5
175.5
124.4
126.0
127.4
128.5
129.2
130.5
131.4
132.3
133.5
134.1
135.1
137.1
144.0
144.9
145.5
146.6
147.1
147.7
148.5
149.5
150.1
152.3
153.2
153.9
45.2
45.6
45.9
46.3
46.7
47.1
47.5
48.1
48.7
49.3
49.8
50.4
23.9
26.5
29.0
30.1
31.2
32.3
33.7
35.2
36.7
36.7
36.8
36.8
59.4
59.5
59.4
58.8
58.9
59.0
60.0
59.5
59.7
59.8
58.9
59.1
21.9
21.8
21.6
20.9
21.1
21.5
21.2
21.3
21.3
21.2
21.1
21.1
26.2
26.4
26.7
27.1
27.2
27.4
27.6
28.2
28.5
28.9
29.3
30.4
80.3
81.6
83.1
84.4
85.9
87.3
89.0
90.7
92.5
94.0
95.4
96.7
113.9
115.3
115.6
116.5
117.1
117.4
118.1
120.0
121.1
122.3
122.8
123.6
40.9
41.2
41.4
41.7
41.8
42.1
42.5
42.6
42.9
42.9
43.1
43.2
967. <
978.1
985.5
992. (
998. <
1,007.'
1.014J
1,023. (
1,034.^
1,044.,
1,053.'
1,061.
1974*
1,154.7
763.6
273.7
211.2
184.3
145.0
160.6
54.5
25.6
59.5
21.0
31.1
106.5
140.4
47.4
1,119.
204.0
204.4
205.7
207.0
209.7
212.2
213.9
215.1
218.2
219.5
214.4
210.8
176.7
177.5
178.6
180.9
183.1
184.1
185.7
186.3
189.2
189.5
190.3
189.8
138.4
139.8
140.9
141.0
143.1
144.7
145.9
147.5
148.8
149.4
149.8
151.3
154.9
155.5
156.3
157.1
158.0
160.6
163.9
161.3
161.6
164.5
166.0
167.2
50.9
51.4
51.9
52.7
53.4
54.1
54.8
55.5
56.2
57.0
57.6
58.1
36.1
33.7
31.2
26.7
22.3
17.9
20.2
22.5
22.9
23.8
24.6
25.5
58.9
59.3
59.6
59.3
59.5
59.6
60.3
60.7
59.7
59.5
58.6
58.8
21.1
21.1
21.1
20.4
21.3
21.3
21.0
21.0
20.9
20.9
20.9
20.9
29.9
29.9
30.2
30.5
30.9
31.4
31.5
31.6
31.9
32.0
32.0
31.0
97.8
99.0
100.3
102.0
104.0
106.0
107.6
109.1
110.6
112.0
114.0
116.0
127.7
129.2
130.4
135.2
136.4
137.4
143.1
144.4
145.8
148.3
150.2
156.3
46.2
46.4
46.6
46.7
47.1
47.5
47.9
48.0
48.1
48.3
48.1
48.1
1,064.
1,072.
1,080.
1,091.
1,105.
1,116.
1,132.
1,138.
1,148.
1,157.
1,157.
1,164.
January
February
March
April
May
June
July
August
September
October
November
December
.
. . .
. .
. . .
1,109.8
1,116.1
1,121.7
1,128.3
1,137.0
1,144.4
1,162.3
1,171.2
1,181.5
1,191.9
1,192.1
1,200.4
733.6
738.9
743.5
748.2
756.2
764.2
771.7
774.4
781.5
786.6
782.3
782.0
263.7
266.1
267.7
269.1
272.0
274.7
276.2
279.3
282.0
283.3
276.2
273.7
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
79
Table 2.3.—Personal Consumption Expenditures by Major Type of Product: Annually, 1946-74, and Seasonally Adjusted Quarterly Totals
at Annual Rates, 1946-74
[Billions of dollars]
1946
1947
1948
1949 1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
143.8
161.7
174.7
178.1
192.0
207.1
217.1
229.7
235.8
253.7
266.0
280.4
289.5
310.8
324.9
15.8
20.4
22.9
25.0
30.8
29.8
29.1
32.5
31.8
38.6
37.9
39.3
36.8
42.4
43.1
4.1
8.4
3.2
6.6
10.6
3.3
8.0
11.5
3.4
10.6
11.3
3.2
13.7
13.7
3.3
12.2
14.0
3.6
11.3
14.0
3.9
13.9
14.6
4.1
13.0
14.6
4.2
17.8
16.2
4.6
15.8
17.1
5.0
17.2
16.9
5.2
14.8
16.6
5.4
18.9
17.8
5.8
19.7
17.7
5.8
82.7
90.9
96.6
94.9
98.2
108.8
113.9
116.5
118.0
122.9
128.9
135.2
139.8
146.4
151.1
47.4
18.2
3.4
2.5
11.3
52.3
18.8
4.0
3.0
12.8
54.2
20.1
4.8
3.4
14.1
52.5
19.3
5.3
3.1
14.7
53.9
19.6
5.5
3.4
15.8
60.4
21.2
6.1
3.5
17.6
63.4
21.9
6.8
3.4
18.3
64.4
22.1
7.4
3.4
19.3
65.4
22.1
7.8
3.5
19.2
67.2
23.1
8.6
3.8
20.3
24.1
9.4
3.9
21.6
73.6
24.3
10.2
4.1
23.0
76.4
24.7
10.6
4.2
24.0
79.1
26.1
11.3
4.0
25.9
81.1
26.7
12.0
3.8
27.5
45.3
50.4
55.3
58.2
63.0
74.0
80.6
86.1
92.1
99.2
105.9
112.8
121.9
130.7
Housing
Household operation.
Electricity and gas.
Other
14.2
6.8
2.1
4.7
16.0
7.5
2.3
5.2
17.9
8.1
2.6
5.5
19.6
8.5
2.9
5.6
21.7
9.5
3.3
6.2
24.3
10.4
3.7
6.7
27.0
11.1
4.1
7.0
29.8
12.0
4.5
7.5
32.2
12.6
5.0
7.6
34.3
14.0
5.5
8.5
36.7
15.2
6.1
9.1
16.2
6.5
9.7
42.0
17.3
7.1
10.2
45.0
18.5
7.6
10.9
48.1
20.1
8.3
11.8
Transportation.
Other
5.0
19.4
5.3
21.7
5.8
23.6
5.9
24.1
6.2
25.6
6.7
27.0
7.1
28.8
7.8
31.0
7.9
33.3
8.2
35.6
8.6
38.7
9.0
41.4
9.3
44.3
10.1
48.3
10.7
51.7
Line
Personal consumption expenditures.
Durable goods..
Motor vehicles and parts
Furniture and household equipment..
Other
Nondurable goods..
Food
Clothing and shoes.
Gasoline and oil
Fuel oil and coal
Other
Services.
Personal consumption expenditures..
Durable goods.
Motor vehicles and parts
Furniture and household equipment..
Other
Nondurable goods.
Food
Clothing and shoes..
Gasoline and oil
Fuel oil and coal
Other
Services
Housing
Household operation..
Electricity and gas.
Other..
Transportation.
Other
1961
1962
1964
1965
1966
1967
1968
335.0
355.2
41.6
46.7
374.6
400.4
430.2
464.8
4S0.4
535.9
51.4
56.3
62.8
67.7
17.8
17.9
5.8
21.5
18.9
6.3
24.4
20.3
6.7
29.7
29.5
10.5
161.6
167.1
29.8
24.7
8.3
188.6
30.1
27.7
155.3
26.0
22.8
7.6
176.9
204.7
83.2
27.4
12.0
3.7
29.0
85.5
28.7
12.6
3.7
31.1
87.8
29.5
12.9
4.0
32.8
92.7
31.9
13.5
4.1
34.6
98.9
33.5
14.7
4.4
37.2
106.6
36.6
16.0
4.7
40.9
138.1
147.0
156.1
167.1
178.7
51.2
21.0
8.8
12.2
54.7
22.2
9.4
12.8
58.0
23.4
9.9
13.5
61.4
24.8
10.4
14.4
65.5
26.3
10.9
15.4
11.2
54.8
11.7
58.3
12.2
62.5
12.8
68.1
13.7
73.3
1970
1971
1972
1973*
579.7
618.8
668.2
733.0
808.5
885.9
85.5
84.9
97.1
111.2
122.9
121.9
35.8
32.6
11.6
37.7
35.0
12.7
34.9
36.7
13.3
43.8
39.4
13.9
50.6
44.8
15.9
54.4
50.7
17.9
48.0
54.7
19.3
212.6
230.4
247.0
264.7
277.7
299.3
334.4
375.7
109.6
38.2
17.0
4.8
43.0
118.3
41.8
18.4
5.0
46.8
126.1
45.1
20.4
5.2
50.3
136.3
46.6
22.0
5.4
54.4
140.6
50.5
23.4
5.5
57.6
150.4
55.1
24.9
6.3
62.6
168.0
61.4
28.3
7.7
68.9
189.4
65.2
36.4
9.5
75.2
192.4
208.1
225.6
247.2
269.1
293.4
322.4
351.3
388.3
69.5
28.0
11.5
16.5
74.1
30.6
12.2
18.4
79.9
32.7
13.1
19.6
86.8
35.5
14.2
21.3
94.0
38.3
15.5
22.8
102.7
41.6
17.0
24.6
112.3
45.9
18.9
27.0
123.1
50.3
20.6
29.7
136.0
56.4
24.0
32.4
15.0
79.9
16.2
87.2
17.4
95.5
18.9
106.0
21.1
115.7
23.8
125.4
26.0
138.3
27.8
150.0
30.9
165.0
1946
Personal consumption expenditures..
Durable goods
Motor vehicles and parts
Furniture and household equipmentOther
I960
1947
1974*
1948
II
III
IV
I
II
III
156.0
159.9
163.5
167.6
170.3
174.0
176.9
177.8
19.4
20.0
20.3
22.0
22.0
22A
23.7
23.3
6.0
9.5
3.3
6.4
9.8
3.3
6.5
10.2
3.3
6.2
10.8
3.3
7.2
11.5
3.3
7.7
10.9
3.3
7.4
11.7
3.3
8.2
12.1
3.4
8.6
11.4
3.4
II
III
IV
134.5
139.6
148.4
152.7
12.6
14.7
17.1
18.7
2.4
7.1
3.1
3.4
8.1
3.2
4.7
9.0
3.3
IV
78.9
80.6
85.1
86.3
87.7
90.1
92.1
93.6
95.1
97.0
97.0
97.3
44.9
18.0
3.0
13.1
45.7
17.9
3.3
13.6
48.7
18.9
3.5
14.1
50.2
18.0
3.7
14.4
50.9
18.3
3.7
14.8
52.0
18.5
4.0
15.6
52.9
18.9
4.1
16.1
53.5
19.3
4.3
16.6
53.8
19.5
4.6
17.2
55.0
19.9
4.7
17.3
54.1
20.2
4.9
17.8
53.8
20.7
5.0
43.0
44.4
46.2
47.7
48.8
49.9
51.1
52.0
53.2
54.6
56.2
Housing
Household operation.
Electricity and gas.
Other
13.8
14.0
14.3
14.7
15.1
15.6
16.3
16.9
17.3
17.7
18.1
6.7
6.6
6.8
7.0
7.1
7.4
7.7
7.7
7.9
8.0
8.2
Transportation..
Other
4.5
18.1
4.8
19.0
5.1
20.0
5.3
20.6
5.3
21.3
5.3
21.5
5.3
21.7
5.3
22.0
5.5
22.6
5.6
23.3
5.9
24.0
Nondurable goods..
Food
Clothing and shoes.
Gasoline and oil
Fuel oil and coal
Other
Services.
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT BUSINESS.
17.7
57.2
18.5
8.2
6.0
24.4
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
80
Table 2.3.—Personal Consumption Expenditures by Major Type of Product: Annually,
[Billions of
1949
Personal consumption expenditures.
1951
I
II
176.6
178.2
177.6
180.1
182.9
186.8
200.4
197.8
208.3
203.8
206.2
22.8
24.8
25.8
26.8
27.7
28.1
35.6
31.5
33.8
28.9
28.3
9.0
10.5
3.3
10.9
10.6
3.3
11.2
11.5
3.1
11.2
12.4
3.2
12.1
12.5
3.2
12.7
12.1
3.3
15.6
16.5
3.5
14.5
13.6
3.4
14.4
15.8
3.6
12.2
13.2
3.5
11.2
13.4
3.7
9 6.3
95.3
93.5
94.3
94.8
96.3
100.9
100.9
107.6
107.1
109.0
53.4
20.2
5.1
17.6
52.8
19.6
5.3
17.6
52.0
18.5
5.4
17.6
51.7
19.0
5.4
18.1
52.3
18.9
5.4
18.2
52.9
19.2
5.6
18.6
54.8
20.4
5.6
20.1
55.4
20.1
5.6
19.7
59.5
21.3
5.9
20.9
59.8
20.8
6.0
20.4
60.6
21.3
6.2
20.9
Durable goods
Motor vehicles and parts
Furniture and household equipment..
Other
Nondurable goods...
1950
Food
Clothing and shoes..
Gasoline and oil
Fuel oil and coal
Other
III
IV
III
II
IV
II
III
57.5
58.1
58.3
59.0
60.3
62.3
63.9
65.4
66.9
67.9
69.0
Housing
Household operation..
Electricity and gas..
Other
19.0
19.4
19.8
20.3
20.9
21.4
22.0
22.6
23.3
24.0
24.7
8.4
8.4
8.5
8.9
9.2
9.4
9.6
9.9
10.2
10.3
10.4
Transportation..
Other
5.9
24.3
6.0
24.3
5.9
24.1
5.8
23.9
5.9
24.4
6.1
25.3
6.3
26.1
6.4
26.5
6.6
26.8
6.7
26.9
6.8
27.0
Services..
1958
I
II
1959
III
IV
II
I
1960
III
IV
II
III
284.0
286.8
291.7
295.4
303.5
309.1
314.2
316.2
319.8
325.9
Durable goods
36.8
36.0
36.7
38.0
41.2
43.0
43.9
41.6
43.0
43.9
43.4
Motor vehicles and parts
Furniture and household equipment.
Other
Nondurable goods
14.7
16.7
5.3
14.5
16.2
5.3
14.6
16.7
5.4
15.5
16.9
5.5
18.2
17.4
5.7
19.4
17.8
5.8
20.2
17.9
5.8
17.7
18.0
5.9
19.4
17.8
5.8
20.0
18.0
5.9
20.2
17.4
5.7
137.6
138.9
140.8
141.9
144.3
145.6
147.1
148.7
148.8
151.8
151.4
75.7
23.9
10.4
27.5
76.3
24.4
10.5
27.7
76.5
24.9
10.7
28.7
77.0
25.4
10.7
28.9
78.3
25.5
10.9
4.2
25.4
78.5
26.3
11.2
4.1
25.6
79.5
26.2
11.2
4.0
26.2
80.2
26.5
11.7
3.8
26.5
79.8
26.6
11.6
3.9
26.9
81.5
27.0
12.1
3.8
27.4
81.2
26.6
12.2
3.8
27.7
Personal consumption expenditures
Food
Clothing and shoes
Gasoline and oil
Fuel oil and coal
Other
109.6
111.9
114.2
115.5
118.0
120.5
123.2
125.9
128.0
130.2
131.2
Housing
Household operation
Electricity and gas
Other
41.0
41.6
42.3
42.9
16.9
17.3
17.4
17.4
43.6
17.9
7.5
10.4
44.5
18.3
7.5
10.8
45.4
18.8
7.7
11.1
46.4
19.1
7.9
11.2
47.0
19.6
8.2
11.4
47.6
20.0
8.3
11.7
48.4
20.2
8.3
11.9
Transportation
Other
9.0
42.8
9.2
43.8
9.4
45.1
9.7
45.5
9.7
46.6
10.0
47.7
10.3
48.8
10.5
49.9
10.6
50.7
10.7
51.9
10.8
51.8
Services
1967
Personal consumption expenditures
Durable goods
Motor vehicles and parts
Furniture and household equipment.
Other
Nondurable goods
Food
Clothing and shoes
Gasoline and oil
Fuel oil and coal
Other
1969
IV
I
II
544.5
553.1
563.8
574.1
584.5
82.3
83.1
84.8
85.3
85.5
34.9
31.7
11.5
33.6
11.8
37.2
33.6
12.3
38.0
34.1
12.6
37.4
35.1
12.8
37.7
35.1
12.7
223.0
227.6
233.9
237.0
240.8
244.9
249.0
114.7
40.2
18.0
5.0
45.1
117.2
41.2
18.1
4.9
46.2
120.0
42.8
18.7
5.0
47.5
121.4
43.1
18.9
5.2
48.5
123.3
44.0
19.6
5.1
48.9
125.1
44.8
20.2
5.0
49.8
126.8
45.6
20.6
5.2
50.9
II
III
IV
III
478.6
487.6
494.2
501.1
517.6
528.5
66.9
70.2
70.3
71.2
76.5
78.1
27.8
28.9
10.2
29.2
10.4
30.4
29.4
10.6
30.0
30.3
10.8
34.2
31.3
11.0
209.6
211.2
213.4
216.2
108.5
37.4
16.6
4.8
42.3
108.7
38.0
16.9
4.9
42.8
109.6
38.6
17.1
4.7
43.3
111.7
38.8
17.5
4.9
43.4
III
202.2
206.2
210.5
213.7
218.2
222.8
228.3
233.0
238.2
243.9
249.9
Housing
Household operation
Electricity and gas
Other
!
72.3
29.5
11.8
17.7
73.3
30.5
12.3
18.2
74.8
30.7
12.2
18.5
76.2
31.5
12.6
18.9
77.6
32.1
12.9
19.2
79.0
32.4
12.8
19.6
80.6
32.9
13.2
19.7
82.5
33.4
13.4
20.0
84.0
34.3
13.8
20.5
85.7
34.8
13.8
21.0
87.7
35.8
14.4
21.4
Transportation
Other
15.9
84.5
16.0
86.3
16.3
88.7
16.6
89.3
17.0
91.5
17.3
94.2
17.6
97.2
17.8
99.3
18.3
101.5
18.7
104.8
19.0
107.4
Services
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
81
1946-74, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-74—Continued
dollars]
1954
1953
1952
1955
1956
1957
Line
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
211.1
215.1
217.2
225.0
228.3
229.9
230.5
230.0
231.9
234.3
236.4
240.8
246.8
251.9
256.0
260.0
261.4
263.9
266.8
271.9
276.1
28.9
29.0
27.3
31.4
32.9
32.8
32.5
31.9
31.2
31.8
31.3
33.0
36.2
38.6
40.3
39.4
37.6
37.6
37.3
38.9
40.0
39.5
39.1
38.8
11.3
13.8
3.7
11.5
13.7
3.8
9.6
13.8
12.8
14.5
4.1
14.3
14.4
4.2
14.1
14.6
4.1
13.8
14.6
4.1
13.2
14.6
4.0
12.8
14.5
4.0
13.3
14.4
4.1
12.4
14.6
4.3
13.5
15.1
4.4
16.1
15.7
4.4
18.1
15.9
4.6
19.1
16.6
4.6
18.0
16.5
4.8
16.2
16.6
4.8
15.5
17.3
4.9
15.2
17.0
5.1
16.5
17.3
5.2
17.9
17.0
5.1
17.4
17.1
5.0
16.8
17.0
5.4
16.9
16.6
5.3
110.8
113.0
115.0
116.9
117.0
116.9
116.2
116.0
117.1
117.1
118.1
119.5
120.5
122.2
123.3
125.7
127.2
128.1
129.4
130.8
132.5
61.7
21.2
6.5
[ 21.4
63.3
21.5
6.7
21.5
64.4
21.9
6.9
21.8
64.5
23.1
64.9
22.3
64.5
22.5
64.1
21.9
64.0
21.5
64.8
22.0
65.0
21.9
65.6
22.0
66.2
22.4
66.4
22.6
67.3
23.1
68.0
23.6
68.9
23.7
69.5
24.0
70.2
24.4
71.0
24.5
71.9
24.2
72.9
24.2
74.6
24.7
ft A
ft 9
67.0
23.2
& K
22.3
22.6
22.7
22.6
22.8
22.6
22.5
22.6
22.9
23.3
23.5
24.2
25.2
25.4
25,4
25.4
25.6
26.2
26.7
27.6
71.5
73.1
74.9
76.7
78.4
80.2
81.8
82.1
83.6
85.3
87.0
88.3
90.1
91.1
92.4
94.9
96.5
98.1
100.1
102.1
103.6
26.0
26.6
27.2
28.0
28.7
29.4
30.3
30.9
31.5
32.0
32.4
32.9
33.5
34.1
34.6
35.2
35.7
36.3
37.0
37.6
38.2
38.9
39.6
40.4
10.8
11.0
11.3
11.5
11.7
12.1
12.2
12.0
12.2
12.4
12.7
13.1
13.4
13.7
14.2
14.9
15.0
15.2
15.4
15.5
15.7
16.1
16.3
16.7
ft 0
Q 1
ft i
ft i
ft 9
ft A.
ft K
ft *7
ft ft
O ft
34.3
35.1
35.2
35.4
36.6
37.4
38.1
39.1
40.2
40.7
41.4
9.0
42.7
III
IV
27.8
29.2
28.4
29.9
30.3
30.9
31.3
31.3
31.9
33.1
1962
1961
33.9
Q
ft 7
1
<•
2
4
I
e
133.9 137.2 136.9
(\
1964
1963
278.3 282.8 284.4
74.7
24.2
10.2 (
27.9 I
104.9 106.5 108.7
41.0
1965
1966
K
ii
15
i:
lii
17
11
Line
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
328.5
333.1
335.7
342.7
347.5
353.0
357.0
363.4
367.2
371.2
377.8
382.1
390.5
397.8
405.7
407.5
417.7
424.1
432.7
446.1
455.9
39.7
40.7
41.9
44.0
45.0
46.3
46.8
48.8
49.8
51.1
51.9
52.9
55.0
56.3
58.1
56.0
61.4
61.3
63.1
65.3
68.4
65.7
68.2
68.4
2
16.6
17.4
5.7
17.2
17.8
5.7
18.0
18.1
5.8
19.5
18.5
6.0
20.5
18.5
6.0
21.4
18.7
6.2
21.3
19.2
6.3
22.9
19.4
6.5
23.6
19.7
6.5
24.4
20.0
6.7
24.5
20.5
6.8
25.1
20.9
6.8
25.8
21.9
7.2
26.1
22.8
7.5
27.2
23.0
7.8
24.7
23.5
7.8
29.9
23.6
7.9
29.2
24.0
8.0
30.0
24.8
8.3
30.1
26.2
9.0
31.9
26.8
9.7
28.9
27.1
9.7
29.8
28.4
10.0
29.7
28.7
10.1
3
A
5
153.9
154.7
155.2
157.4
159.3
160.6
162.2
164.1
165.2
165.9
168.3
168.8
172.7
175.7
179.1
180.1
182.6
186.0
189.5
196.5
200.5
203.9 206.8 207.4
e
83.0
26.9
12.0
3.7
28.3
83.2
27.1
11.8
3.9
28.7
83.0
27.4
12.1
3.7
29.0
83.7
28.2
12.0
3.6
29.8
84.5
28.2
12.3
3.7
30.5
85.0
28.6
12.5
3.7
30.8
86.0
28.9
12.5
3.6
31.2
86.4
29.1
13.0
3.9
31.7
86.8
29.0
12.9
4.2
32.2
87.3
29.3
12.8
3.9
32.6
88.3
29.9
12.9
4.0
33.2
89.0
29.8
13.0
3.9
33.2
90.6
31.0
13.3
3.9
33.9
92.1
31.9
13.4
4.0
34.3
93.7
32.3
13.6
4.3
35.2
94.4
32.6
13.7
4.3
35.1
95.5
32.7
14.1
4.2
36.0
97.5
32.7
14.6
4.3
36.8
99.3
33.5
14.8
4.6
37.2
103.2
34.9
15.2
4.6
38.6
105.1
35.9
15.4
4.4
39.7
106.4 107.4 107.4
36.3 37.1 37.0
15.8 16.2 16.4
4.8
4.8
4.6
40.8 41.4 41.7
<
K
n
135.0
137.6
138.6
141.4
143.2
146.1
148.0
150.5
152.1
154.1
157.7
160.4
162.9
165.7
168.5
171.4
173.7
176.9
180.1
184.3
187.0
190.6 194.1 198.0
15
50.0
20.6
8.4
12.1
50.7
20.9
9.0
12.0
51.5
20.9
8.8
12.1
52.4
21.5
9.0
12.5
53.2
22.0
9.3
12.7
54.2
21.9
9.3
12.6
55.2
22.3
9.5
12.8
56.3
22.7
9.7
13.0
56.9
23.3
10.0
13.3
57.4
23.1
9.6
13.5
58.3
23.7
10.0
13.7
59.3
23.6
9.9
13.7
60.0
24.0
10.2
13.8
60.9
24.8
10.3
14.5
61.8
25.1
10.5
14.6
62.9
25.4
10.6
14.8
63.8
25.4
10.6
14.8
64.9
26.1
10.9
15.2
66.0
26.6
10.9
15.7
67.2
27.2
11.1
16.1
68.1
27.0
11.2
15.8
68.8
27.8
11.5
16.3
70.0
28.4
11.6
16.8
71.2
29.0
11.7
17.3
K
U
U
If
11.0
53.3
11.1
54.9
11.2
54.9
11.4
56.0
11.6
56.5
11.7
58.3
11.8
58.7
11.9
59.5
12.0
59.9
12.1
61.6
12.2
63.5
12.4
65.1
12.6
66.3
12.7
67.4
12.9
68.8
13.0
70.2
13.2
71.4
13.5
72.4
13.9
73.6
14.2
75.7
14.4
77.5
14.8
79.1
15.0
80.7
15.6
82.3
I
1972
1971
1970
I
IV
I
III
IV
724.7
739.7
109.2
112.2
49.7
43.9
15.6
287.6
142.4
51.9
24.1
5.5
58.9
297.5
101.4
41.1
17.1
23.9
23.7
124.2
II
III
II
III
761.8
785.7
800.5
818.4
117.6
124.8
124.4
123.7
50.6
45.5
16.1
53.8
47.1
16.7
58.2
49.3
17.3
56.4
50.4
17.6
54.4
51.2
18.0
296.4
302.2
311.2
321.4
328.0
144.9
52.6
24.1
5.7
60.3
149.5
54.3
24.5
5.9
62.3
152.2
55.8
24.9
6.3
63.1
155.1
57.9
26.1
161.2
60.1
26.7
164.3
60.9
27.4
64.9
66.4
67.8
302.4
312.3
319.1
325.3
333.0
339.5
348.2
104.0
42.3
17.3
25.0
106.6
42.2
17.2
25.1
109.0
43.9
17.8
26.1
111.1
45.3
18.6
26.7
113.4
46.3
18.9
27.4
115.6
47.9
20.1
27.9
118.9
48.2
19.7
28.5
24.3
126.9
24.3
129.4
25.4
134.0
25.7
137.0
26.2
139.4
26.7
142.7
27.2
145.2
][II
IV
606.4
615.2
625.1
628.4
648.6
662.9
674.1
687.1
705.9
84.8
86.2
86.7
82.1
92.8
95.9
97.7
102.0
106.0
35.4
36.3
13.1
36.6
36.5
13.0
36.6
36.7
13.4
31.1
37.4
13.6
41.6
37.9
13.4
43.1
39.1
13.7
44.1
39.5
14.1
46.3
41.3
14.4
48.0
43.0
15.0
259.0
262.4
266.4
271.2
272.4
276.7
:278.9
282.7
133.5
46.0
21.3
5.3
52.9
135.6
46.1
21.8
5.2
53.7
1L37.3
46.4
22.2
5.8
54.6
139.0
47.9
22.7
5.2
56.4
138.6
48.6
23.0
5.5
56.7
140.6
50.5
22.9
5.7
57.0
140.9
51.0
23.6
5.5
57.9
262.6
266.6
572.1
275.1
283.4
290.3
92.5
37.3
15.0
22.3
93.6
37.9
15.2
22.7
95.1
38.8
15.8
23.0
94.8
39.2
15.9
23.3
98.8
40.8
16.6
24.2
20.2
112.6
20.8
114.3
21.5
L16.8
22.0
119.1
22.8
121.0
II
460.3 469.1 473.9
1974*
I
II
1973 *
II
IV
1
r
l*
Line
III
IV
I
II
829.5
849.5
877.8
907.7
908.4
118.9
118.4
123.1
128.9
117.3
48.4
51.9
18.5
46.1
53.4
18.8
48.7
55.0
19.4
>3.5
55.9
L9.6
43.6
54.3
19.4
:
339.6
348.5
359.8
371.9
383.9
387.1
i
171.4
61.9
28.5
69.8
175.2
62.8
30.6
8.4
71.5
181.3
64.3
31.7
8.9
73.7
185.4
65.3
37.1
9.3
74.8
193.2
66.5
38.2
9.9
76.1
197.4
64.8
38.8
9.8
76.1
355.2
362.2
371. 2
382.8
394.9
404.0
121.9
49.8
20.3
29.4
124.7
51.4
21.3
30.1
126.8
51.9
21.0
30.9
131.4
52.7
21.5
31.3
134.2
55.6
23.4
32.3
137.4
57.9
25.0
32.9
140.7
59.2
26.2
33.0
14
11
1C
27.6
149.0
28.0
151.0
28.5
154.9
29.7
157.4
30.4
162.5
31.4
168.2
32.1
172.0
18
]
i
i
i
K
u
15
U
17
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
82
Table 2.4.—Personal Consumption Expenditures by Major Type of Product in Constant Dollars:
[Billions of
1947
1946
Line
Personal consumption expenditures.
301.4
Durable goods
Motor vehicles and partsFurniture and household e q u i p m e n t . . .
Other
Nondurable goods
10
Food
Clothing and shoes
Gasoline and oil
Fuel oil and coal
• Other
8.0
12.6
5.1
158.9
6.4
5.2
22.6
1948
306.2
312.8
30.6
33.1
11.5
14.3
4.8
13.3
15.0
4.8
154.8
155.0
1949
1950
1951
1952
1953
1954
1955
1956
1957
338.1
342.3
350.9
364.2
370.9
395.1
406.3
414.7
43.4
39.9
38.9
43.1
43.5
52.2
49.8
49.7
17.0
14.7
4.6
21.6
17.0
4.9
18.7
16.2
5.1
17.4
16.2
5.3
20.7
16.8
5.5
20.8
17.0
5.7
26.9
19.0
6.3
23.4
19.7
6.7
23.7
19.1
6.9
157.4
161.8
165.3
171.2
175.7
177.0
185.4
191.6
194.9
93.4
30.3
8.8
5.2
27.6
96.1
31.8
9.5
5.0
28.7
99.1
32.1
10.1
4.9
29.6
100.4
32.0
10.4
4.9
29.3
104.6
33.6
11.3
5.3
30.6
108.1
34.5
12.0
5.3
31.8
110.1
34.2
12.4
5.2
32.9
320.0
90.3
29.4
6.8
5.5
22.8
29.7
7.2
5.5
23.6
29.8
7.8
4.8
24.9
91.4
30.7
8.1
5.2
26.5
120.8
124.6
126.4
132.8
137.1
140.8
145.5
150.4
157.5
164.9
170.2
Housing
Household operation
Electricity and gas
Other
29.3
14.9
3.1
11.7
31.9
15.8
3.5
12.3
16.4
3.9
12.5
35.7
16.8
4.2
12.6
38.1
18.2
4.8
13.4
40.8
19.0
5.4
13.7
43.4
19.3
5.8
13.4
45.7
19.9
6.3
13.7
47.9
20.4
6.9
13.5
50.3
22.5
7.4
15.1
52.8
24.0
8.1
15.9
55.4
24.7
8.6
16.1
Transportation
Other
16.3
56.1
16.2
56.9
16.1
58.6
15.3
58.6
15.0
61.5
15.3
61.9
15.2
62.9
15.4
64.4
15.0
67.1
15.3
69.4
16.0
72.1
16.2
73.9
Services
116.7
1947
1948
1949
1950
Line
Personal consumption expenditures.
Durable goods.
Motor vehicles and parts
Furniture and household equipment...
Other
Nondurable goods..
Food
Clothing and shoesGasoline and oil
Fuel oil and coal
Other
II
III
IV
II
III
IV
302.7
307.3
307.6
307.2
29.4
29.9
30.3
32.7
309.3
312.5
313.1
316.1
316.5
32.7
32.7
33.5
33.5
33.0
11.3
13.4
4.7
11.4
13.8
4.7
10.9
14.5
4.9
12.5
15.3
4.9
13.3
14.5
4.9
12.5
15.3
4.8
13.1
15.6
4.8
14.2
14.6
4.8
14.7
13.6
4.6
153.0
155.8
89.7
29.5
6.6
91.5
29.1
6.8
156.3
154.1
154.0
155.6
154.1
156.4
91.2
29.6
6.9
88.5
29.2
7.0
29.3
90.0
29.4
7.1
29.1
87.9
29.7
7.3
29.2
30.4
7.4
28.6
88.8
29.6
6.8
28.8
27.3
28.4
II
III
IV
320.5
320.0
323.1
328.3
37.5
38.3
39.6
17.8
13.9
4.6
17.9
15.0
4.6
17.6
16.1
4.6
157.2
157.5
156.3
29.0
90.2
30.4
7.5
29.1
90.2
30.0
7.8
29.5
89.7
28.9
8.0
29.7
II
III
IV
334.3
348.9
340.8
40.0
49.9
44.2
18.9
16.0
4.7
19.9
15.4
4.8
24.6
20.3
5.1
23.0
16.3
5.0
158.4
160.1
161.7
164.4
161.0
89.5
30.1
8.0
91.5
30.6
8.2
31.4
91.7
31.7
8.2
32.8
91.0
30.3
8.1
30.8
91.3
30.1
7.9
30.9
120.3
121.6
121.0
120.4
122.6
124.2
125.5
126.2
126.3
126.8
126.1
126.3
128.6
132.6
134.5
135.6
Housing
Household operation.
Electricity and gas.
Other
30.8
15.2
31.7
15.7
32.4
16.2
32.5
16.2
32.9
16.2
33.4
16.2
33.8
16.6
34.3
16.4
34.7
16.6
35.4
16.7
36.0
16.6
36.5
17.3
37.0
17.7
37.8
18.1
38.4
18.2
39.2
18.8
Transportation..
Other
16.6
57.7
16.4
57.8
16.1
56.3
15.9
55.9
16.2
57.3
16.3
58.4
16.1
59.1
15.9
59.6
15.5
59.5
15.7
59.0
15.2
58.3
14.8
57.8
14.6
59.2
15.1
61.6
15.1
62.8
15.2
62.5
Services..
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT BUSINESS.
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
83
Annually, 1946-74, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1947-74
1972 dollars]
1958
1959
1961
1960
1962
1965
1964
1963
1966
1967
1968
1969
1972
1971
1970
1973*
1974*
Line
419.0
441.5
453.0
462.2
482.9
501.4
528.7
558.1
586.1
603.2
633.4
655.4
668.9
691.9
733.0
766.3
759.8
1
46.4
51.8
52.5
50.3
55.7
60.7
65.7
73.4
79.0
79.7
88.2
91.9
88.9
98.1
111.2
120.9
112.5
2
20.7
18.8
6.9
24.4
20.0
7.4
25.5
19.7
7.3
23.0
20.0
7.3
26.7
21.2
7.8
29.7
22.7
8.3
31.1
25.5
9.1
35.6
27.8
10.0
36.0
31.2
11.8
34.9
32.6
12.2
40.2
34.9
13.1
41.4
36.7
13.8
37.1
37.7
14.1
44.0
39.9
14.2
50.6
44.8
15.9
53.7
49.9
17.3
44.4
50.5
17.6
3
4
5
196.8
205.0
208.2
211.9
218.5
223.0
233.3
244.0
255.5
259.5
270.2
276.4
282.7
287.5
299.3
309.6
303.0
6
110.2
34.6
13.0
5.4
33.5
114.4
36.3
13.7
5.2
35.5
115.6
36.6
14.2
5.0
36.8
117.4
37.3
14.3
4.7
38.3
119.2
38.9
14.9
4.7
40.8
120.7
39.6
15.3
4.9
42.5
125.4
42.6
16.0
5.2
44.1
130.9
44.2
16.8
5.5
46.7
134.6
46.9
17.8
5.6
50.5
136.7
46.9
18.4
5.6
51.8
142.0
48.6
19.6
5.7
54.3
1L44.0
49.6
21.0
5.7
56.1
147.3
49.2
22.5
5.8
58.0
147.5
51.6
23.7
5.6
59.1
150.4
55.1
24.9
6.3
62.6
150.5
59.3
25.9
6.7
67.3
147.1
59.0
24.6
5.2
67.0
7
8
9
10
11
175.8
184.7
192.3
200.0
208.7
217.6
229.7
240.7
251.6
264.0
275.0
JJ87.2
297.3
306.3
322.4
335.8
344.4
12
58.0
25.4
9.1
16.4
60.9
26.4
9.6
16.8
64.0
27.6
10.1
17.5
67.0
28.4
10.7
17.8
70.7
29.8
11.4
18.4
74.0
30.9
11.9
19.0
77.4
32.4
12.6
19.8
81.6
33.9
13.2
20.7
85.3
35.7
13.9
21.8
89.1
38.1
14.7
23.4
93.6
39.4
15.6
23.9
98.2
41.4
16.6
24.9
102.1
42.9
17.4
25.6
106.4
43.7
17.9
25.7
112.3
45.9
18.9
27.0
117.6
48.2
19.6
28.6
122.8
48.4
19.7
28.8
13
14
15
16
15.8
76.6
16.3
81.0
16.8
83.9
16.9
87.7
17.5
90.7
18.1
94.6
19.0
101.0
19.7
105.6
20.8
109.9
21.9
114.9
22.9
119.0
23.6
L23.9
23.9
128.4
24.5
131.8
26.0
138.3
27.5
142.6
28.5
144.7
17
18
1952
1951
1954
1953
1955
1956
Line
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
346.5
338.5
341.4
342.8
343.5
349.5
351.0
359.6
363.7
365.3
364.4
363.5
364.4
367.1
372.7
379.5
386.2
393.2
397.4
403.6
404.1
45.2
38.9
37.9
37.8
38.4
39.3
36.8
41.4
43.2
42.7
42.7
43.5
41.9
42.5
43.5
46.1
49.2
52.4
53.9
53.3
50.4
49.9
49.2
49.8
2
21.9
18.3
5.0
18.8
15.1
5.0
17.4
15.4
5.0
16.7
15.9
5.2
17.3
16.0
5.1
18.1
15.9
5.2
15.4
16.1
5.3
18.9
16.9
5.5
20.8
16.8
5.7
20.3
16.9
5.5
20.4
16.9
5.4
21.3
16.8
5.4
20.0
16.7
5.2
20.3
16.6
5.5
20.6
16.9
6.0
22.4
17.7
6.1
24.8
18.5
6.0
27.4
18.8
6.2
28.2
19.5
6.3
27.4
19.4
6.5
24.4
19.5
6.5
23.2
20.1
6.6
22.7
19.7
6.8
23.2
19.7
7.0
3
4
5
164.7
162.7
166.0
167.7
166.5
170.3
172.8
174.9
176.1
176.6
175.2
174.9
175.8
175.0
177.2
180.0
181.4
184.4
185.9
189.8
191.6
191.1
m.2
192.5
6
105.0
33.6
11.3
36.1
106.6
34.3
11.6
37.2
108.2
34.2
11.8
37.3
107.8 107.7
34.3 34.7
12.0 11.8
37.0 37.0
163.8 165.7 167.9
12
II
III
IV
404.8 406.0 410.2
1
92.8
30.8
8.5
| 32.6
92.8
29.6
8.7
31.7
94.3
30.2
9.0
32.5
93.7
30.5
9.1
34.4
93.5
30.4
9.2
33.4
96.0
31.4
9.4
33.5
97.1
32.3
9.7
33.7
97.7
33.0
9.8
34.4
99.7
31.9
9.9
34.6
99.6
32.7
10.0
34.3
98.7
32.0
10.2
34.2
98.5
31.6
10.1
34.7
99.4
31.9
10.2
34.3
98.9
31.9
10.2
34.1
100.9
31.8
10.4
34.2
102.3
32.5
10.7
34.5
102.7
32.9
10.9
34.9
104.1
33.8
11.2
35.3
136.6
137.0
137.5
137.4
138.6
139.9
141.4
143.3
144.3
146.0
146.5
145.2
146.7
149.6
152.0
153.3
155.6
156.4
157.6
160.5
162.1
39.8
19.1
40.5
19.0
41.2
19.1
41.7
18.9
42.5
19.0
43.1
19.2
43.8
19.4
44.4
19.5
45.0
19.7
45.5
20.1
46.1
20.2
46.3
19.7
47.0
19.7
47.6
20.2
48.2
20.6
48.7
21.1
49.3
21.5
50.0
22.0
50.7
22.8
51.2
23.8
51.9
23.7
52.5
24.0
53.0
24.1
53.7
24.0
13
14
15
16
15.4
62.2
15.4
62.0
15.4
61.8
15.1
61.7
15.3
61.9
15.2
62.4
15.2
63.0
15.1
64.3
15.5
64.1
15.6
64.7
15.5
64.7
15.1
64.0
15.1
64.9
14.9
66.9
14.9
68.2
15.0
68.5
15.2
69.6
15.2
69.2
15.3
68.9
15.5
70.0
15.7
70.8
15.9
71.4
16.2
72.5
16.5
73.7
17
18
108.5
34.6
12.2
37.2 (
I
7
8
9
10
11
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
84
Table 2.4.—Personal Consumption Expenditures by Major Type of Product in Constant Dollars:
[Billions of
1957
Line
1
2
3
4
5
6
7
8
9
10
11
12
II
I
Personal consumption expenditures.
.
.
Housing
Household operation
17
18
Transportation...
Other
I
II
III
IV
I
II
III
IV
413.2
416.1
416.9
411.9
415.7
421.8
426.5
435.1
440.8
444.4
445.6
49.8
49.0
49.0
46.1
45.6
46.2
47.8
50.6
52.5
53.3
50.8
24.7
19.4
6.9
23.9
19.3
6.6
22.9
19.1
7.0
23.4
18.6
7.0
20.5
18.7
6.9
20.5
18.3
6.8
20.2
18.9
7.0
21.4
19.3
7.1
23.7
19.6
7.4
25.0
20.0
7.5
25.8
20.1
7.4
23.1
20.2
7.5
193.1
193.9
196.7
195.7
193.4
194.9
198.3
200.6
203.2
204.6
205.5
206.8
108.9
34.2
12.5
37.5
109.8
34.0
12.3
37.8
111.0
34.8
12.5
38.5
110.8
33.9
12.5
38.6
109.4
33.5
12.6
37.9
109.5
34.2
13.0
38.3
110.5
35.0
13.2
39.6
111.6
35.6
13.4
40.0 \(
113.3
35.7
13.6
5.3
35.3
114.0
36.6
13.6
5.2
35.2
114.6
36.3
13 7
5.2
35.6
115.5
36.6
13 9
5.0
35.8
168.5
169.6
170.3
172.2
172.4
175.2
177.4
178.1
181.3
183.7
185.6
188.0
54.3
24.3
55.1
24.7
55.8
24.8
56.4
25.0
57.2
25.2
57.7
25.6
58.2
25.5
58.7
25.5
59.5
25.9
9.5
16.4
60.4
26.4
9.4
16.9
61 4
26.5
9.7
16.9
62 4
26.8
9.8
17.0
16.6
73.4
16.3
73.5
16.3
73.5
15.7
75.1
15.5
74.5
15.7
76.2
15.8
77.8
16.0
78.0
16.0
79.8
16.2
80.7
16.4
81.3
16.6
82.3
}
Services
13
14
15
16
IV
51.0
Motor vehicles and parts
Furniture and household equipment—
Other
Food
Clothing and shoes.
Gasoline and oil.
Fuel oil and coal.
Other
III
1959
412.6
Durable goods
Nondurable goods
1958
Other
1966
1967
1968
Line
I
1
2
3
4
5
6
7
8
9
10
11
II
III
IV
I
II
III
IV
I
II
III
IV
581.7
582.8
589.0
590.8
595.1
602.9
605.8
608.8
620.8
628.0
640.8
.
80.4
76.9
79.4
79.1
77.5
80.9
80.1
80.2
85.2
86.6
90.5
90.7
Motor vehicles and parts
Furniture and household equipment-..
Other
- -
38.3
30.4
11.7
34.7
30.6
11.7
35.6
31.8
11.9
35.3
31.9
11.9
33.4
32.1
12.0
36.3
32.4
12.2
35.3
32.5
12.3
34.4
33.3
12.5
38.7
33.9
12.6
39.3
34.1
13.1
41.4
35.9
13.2
41.4
35.7
13.6
253.5
255.4
257.2
255.9
258.3
259.4
259.5
260.8
266.0
268.4
273.2
273.2
134.5
46.7
17.5
5.3
49.5
134.7
46.8
17.8
5.5
50.6
135.1
47.3
18.0
5.7
51.0
134.2
46.8
18.1
5.8
51.1
136.3
46.7
18.1
5.7
51.5
136.5
47.0
18.3
5.7
52.0
136.3
47.2
18.4
5.4
52.1
137.7
46.9
18.8
5.6
51.7
139.9
48.0
19.2
5.8
53.1
141.5
48.2
19.4
5.5
53.8
143.6
49.3
19.9
5.6
54.9
143.0
48.9
20.1
5.8
55.4
Personal consumption expenditures.
Durable goods
Nondurable goods
Food
Clothing and shoes
Gasoline and oil..
Fuel oil and coal
Other
644.0
.
247.8
250.5
252.5
255.7
259.3
262.6
266.2
267.8
269.7
273.0
277.1
280.1
13
14
15
16
Housing
. . .
Household operation
Electricity and gas.
Other
84.0
34.8
13.5
21.3
84.7
35.4
13.9
21.5
85.7
36.0
14.0
22.0
86.6
36.5
14.2
22.3
87.5
37.0
14.2
22.8
88.4
38.1
14.8
23.3
89.6
38.1
14.6
23.5
90.9
39.0
15.1
23.9
92.0
39.1
15.4
23.7
93.0
39.2
15.2
24.0
94.1
39.6
15.7
23.9
95.5
39.9
16.0
23.9
17
18
Transportation
Other
20.3
108.7
20.7
109.6
20.8
110.1
21.3
111.2
21.6
113.2
21.7
114.4
22.0
116.4
22.3
115.6
22.6
116.0
22.8
118.1
23.1
120.3
23.2
121.6
12
Services
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
85
Annually, 1946-74, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1947-74—Continued
1972 dollars]
1960
1962
1961
1963
1964
1965
Line
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
449.2
455.1
453.6
454.1
454.8
460.8
462.2
471.1
475.3
480.7
484.6
490.8
493.9
498.3
504.8
508.4
517.4
526.4
535.0
536.0
546.7
55.2
60.4
II
III
IV
1
551.4 559.8 574.5
52.2
53.4
52.9
51.5
48.6
49.3
50.4
52.8
53.9
55.7
58.1
59.2
61.1
62.0
64.1
65.6
67.6
65.4
71.4
71.4
73.9
76.9
2
24.9
19.9
7.4
25.9
20.1
7.4
26.2
19.5
7.2
24.9
19.4
7.3
22.1
19.4
7.2
22.4
19.8
7.2
22.9
20.2
7.3
24.8
20.6
7.4
25.7
20.7
7.5
26.6
20.9
7.7
26.3
21.5
7.8
28.3
21.7
8.0
29.0
22.1
8.1
29.7
22.5
8.3
29.8
23.0
8.3
30.3
23.4
8.3
31.0
24.5
8.6
31.2
25.5
9.0
32.4
25.8
9.4
29.7
26.4
9.3
35.4
26.5
9.4
34.8
27.1
9.6
35.9
28.0
10.0
36.2
29.7
10.9
3
4
5
207.2
209.5
208.1
208.1
209.6
211.6
211.7
214.8
216.5
217.3
219.3
220.8
221.5
222.3
224.1
224.2
228.2
232.2
236.1
236.7
239.3
240.9 244.1 251.8
6
115.3
36.8
13.8
5.2
36.1
116.4
37.0
14.4
5.0
36.7
115.5
36.4
14.3
4.9
37.0
115.3
36.3
14.2
5.0
37.3
116.6
36.6
14.1
4.7
37.5
117.5
37.0
14.3
4.9
38.0
117.2
37.3
14.3
4.6
38.3
118.2
38.3
14.4
4.6
39.3
118.5
38.5
14.7
4.7
40.1
118.6
38.9
14.7
4.7
40.5
119.8
39.0
14.9
4.6
41.0
119.9
39.4
15.2
4.8
41.6
119.8
39.2
15.2
5.2
42.1
120.6
39.4
15.3
4.8
42.3
121.0
40.1
15.3
4.9
42.9
121.6
39.8
15.4
4.9
42.5
123.0
41.4
15.8
4.8
43.3
125.2
42.4
15.9
5.0
43.6
126.5
43.0
16.2
5.5
44.9
126.9
43.4
16.2
5.5
44.6
128.6
43.5
16.4
5.2
45.6
129.2 130.7 134.9
43.2 44.2 45.7
16.7 16.8 17.3
5.3
5.6
5.7
46.5 46.7 48.2
7
8
9
10
11
189.8
192.2
192.6
194.4
196.6
199.8
200.1
203.6
205.0
208.2
209.6
212.0
213.2
215.5
219.6
222.2
225.1
228.5
231.3
233.9
236.1
239.1 241.9 245.9
63.0
27.2
10.0
17.2
63.6
27.5
10.1
17.4
64.4
27.7
10.1
17.6
65.2
28.0
10.3
17.7
65.8
28.1
10.2
17.9
66.5
28.3
10.8
17.5
67.4
28.3
10.7
17.6
68.4
29.1
10.9
18.1
69.1
29.6
11.2
18.4
70.1
29.4
11.3
18.1
71.3
29.8
11.4
18.4
72.4
30.3
11.7
18.6
72.9
30.9
12.1
18.9
73.4
30.4
11.6
18.8
74.3
31.2
12.1
19.1
75.3
31.0
11.9
19.1
76.0
31.5
12.4
19.1
76.8
32.4
12.4
20.0
77.8
32.6
12.7
19.9
78.9
32.9
12.9
20.1
79.8
32.8
12.8
20.0
16.7
82.9
16.8
84.3
16.8
83.8
16.8
84.4
16.8
85.8
16.8
88.2
16.9
87.6
17.1
89.0
17.2
89.0
17.4
91.2
17.6
90.9
17.7
91.6
17.9
91.6
18.0
93.7
18.2
95.8
18.4
97.5
18.7
98.9
18.9
100.3
19.1
101.8
19.2
103.0
19.2
104.2
1972
1971
1970
1969
81.0
33.7
13.2
20.5
82.2
34.3
13.3
21.0
12
83.4
34.8
13.4
21.5
13
14
15
16
19.5 19.8 20.1
104.9 105.7 107.6
17
18
1973*
1974*
Line
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
649.9
653.0
656.8
661.9
665.4
668.7
673.6
668.0
682.3
689.5
693.6
702.3
713.7
728.1
737.5
752.8
765.8
766.2
770.5
762.8
760.0
763.2 767.2 748.9
1
92.2
92.0
91.6
91.7
89.7
90.7
90.7
84.5
93.6
96.5
98.7
103.7
106.4
109.2
111.8
117.6
124.0
122.7
121.2
115.7
114.7
115.5 116.8 102.9
2
42.1
36.2
13.8
41.1
37.0
13.8
41.3
36.6
13.7
40.9
37.0
13.8
38.3
37.4
14.0
39.4
37.5
13.9
38.9
37.7
14.2
32.0
38.2
14.3
41.3
38.5
13.8
42.8
39.6
14.1
44.5
39.9
14.3
47.5
41.6
14.5
48.1
43.2
15.1
49.5
43.9
15.7
50.3
45.5
16.1
54.3
46.8
16.5
58.1
48.8
17.1
55.9
49.7
17.1
53.6
50.3
17.4
47.3
50.7
17.6
45.7
51.3
17.7
275.1
275.8
276.8
277.9
280.3
281.2
283.5
285.8
286.0
287.5
287.4
289.0
291.1
298.5
301.4
306.4
310.6
308.2
311.4
308.3
144.3
49.2
20.5
5.8
55.4
144.2
49.5
20.7
5.6
55.9
143.7
49.8
21.2
5.7
56.4
143.9
49.7
21.7
5.8
56.8
146.0
49.2
22.1
5.8
57.3
146.8
49.0
22.2
5.6
57.6
147.9
48.8
22.7
6.2
57.9
148.5
49.7
22.9
5.4
59.2
148.1
50.2
23.3
5.6
58.9
147.8
51.7
23.7
5.7
58.7
147.0
52.0
23.8
5.4
59.1
147.2
52.6
24.0
5.5
59.8
147.1
53.0
24.4
5.8
60.8
150.9
54.4
25.0
6.0
62.3
151.6
55.9
24.7
6.2
63.0
152.1
57.3
25.4
7.1
64.5
153.4
59.0
25.8
6.8
65.6
150.3
58.9
25.6
6.9
66.5
150.9
59.5
26.1
6.9
68.1
147.5
59.7
26.0
6.3
68.8
282.6
285.2
288.4
292.3
295.4
296.7
299.3
297.7
302.7
305.5
307.5
309.6
316.3
320.4
324.2
328.8
331.2
335.3
337.9
96.5
40.6
16.4
24.2
97.5
40.8
16.2
24.6
98.7
41.7
16.8
24.9
100.1
42.6
17.0
25.6
102.1
42.7
17.1
25.6
102.3
42.9
17.2
25.7
102.8
43.3
17.7
25.6
101.2
42.9
17.4
25.5
104.1
43.8
17.8
26.0
105.5
43.5
18.1
25.3
107.2
43.8
18.0
25.8
108.9
43.4
17.7
25.8
110.5
44.6
18.1
26.4
111.6
45.5
18.7
26.8
112.9
46.2
18.8
27.3
114.1
47.3
19.8
27.5
115.8
47.1
19.2
27.9
117.3
48.2
19.6
28.5
118.4
49.1
20.2
28.9
23.5
122.1
23.6
123.3
23.7
124.4
23.7
125.9
23.7
126.9
23.8
127.7
24.0
129.3
23.9
129.7
24.3
130.5
24.5
132.0
24.6
131.9
24.4
132.8
25.4
135.9
25.7
137.5
26.2
138.9
26.7
140.8
27.1
141.2
27.3
142.6
27.6
142.7
http://fraser.stlouisfed.org/
216-143 O - 77 - 7
Federal Reserve Bank of St. Louis
II
46.1
51.6
17.9
III
48.3
50.9
17.6
IV
37.7
48.2
17.0
3
4
5
304.5
303.8 304.7 298.9
6
146.7
60.1
23.0
5.3
69.5
146.4 149.1 146.4
59.8 59.2 57.1
24.2 25.0 26.5
5.2
5.2
5.1
68.2 66.3 63.8
7
8
9
10
11
338.9
340.8
343.9 345.7 347.2
12
118.7
48.5
19.4
29.1
121.3
47.7
18.9
28.8
122.2 123.3 124.3
48.5 48.9 48.8
19.6 20.0 20.2
28.9 28.8 28.6
13
14
15
16
27.9
143.8
28.6
143.4
28.6 28.6 28.3
144.6 145.0 145.8
17
18
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
86
Table 2.5.—Personal Consumption Expenditures by Major Type
[Billions of
1946
Line
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
17
18
Personal consumption expenditures.
Durable goods
M otor vehicles and parts
Furniture and household equipment-_.
Other
Nondurable goods
Food
Clothing and shoes
Gasoline and oil
Fuel oil and coal
Other
Services..
..
.
Housing
Household operation
Electricity and gas
Other
2
3
4
5
6
7
8
9
10
11
12
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
31.7
34.5
36.3
41.3
36.5
39.7
39.8
45.7
40.4
42.9
43.2
48.3
41.2
44.3
43.8
48.8
2.7
3.6
4.1
5.4
4.2
5.1
4.9
6.3
4.8
5.7
5.7
6.6
5.0
6.1
6.5
7.5
.5
1.6
.6
.8
2.0
.7
1.3
2.1
.7
1.5
2.7
1.2
1.5
2.1
.6
1.7
2.6
.8
1.7
2.5
.7
1.8
3.3
1.2
1.8
2.4
.6
1.9
3.0
.8
2.2
2.9
.7
2.0
3.3
1.3
2.0
2.3
.6
2.8
2.6
.7
3.0
2.8
.7
2.7
3.6
1.2
18.2
19.9
20.6
24.1
20.2
22.0
22.2
26.5
22.2
23.5
23.4
27.5
21.9
23.6
22.7
26.7
10.7
3.8
.7
3.0
11.3
4.6
.9
3.1
12.4
4.1
.9
3.2
13.0
5.7
.9
4.5
12.1
3.9
.8
3.4
12.9
4.6
1.0
3.5
13.4
4.0
1.1
3.6
13.9
6.2
1.1
5.2
12.9
4.3
1.0
4.0
13.5
4.8
1.2
3.9
13.7
4.3
1.3
4.0
14.1
6.6
1.2
5.6
12.6
4.1
1.1
4.1
13.1
5.1
14
4.0
13.2
4.0
1.5
4.0
13.6
6.2
14
5.6
10.9
11.1
11.6
11.8
12.1
12.6
12.8
12.9
13.3
13.7
14.1
14.2
14.4
14.6
14.7
14.6
3.5
3.5
3.6
3.7
3.8
3.9
4.1
4.2
4.3
4.4
4.5
4.6
4.7
4.9
5.0
5.1
1.8
1.6
1.6
1.7
1.9
1.8
1.8
1.9
2.1
2.0
1.9
2.0
2.3
2.1
2.0
2.2
1.1
4.5
1.2
4.8
1.4
5.0
1.3
5.1
1.2
5.2
1.4
5.5
1.4
5.5
1.3
5.5
1.3
5.6
1.*
5.9
1.6
6.1
1.5
6.1
1.4
6.0
1.5
6.1
1.5
6.2
1.4
5.9
1956
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
62.4
65.3
65.3
73.0
65.2
69.2
69.8
76.3
67.5
71.2
71.3
79.4
72.6
77.5
77.0
83.6
8.6
9.5
8.9
10.9
9.0
10.0
9.6
10.9
8.2
9.1
8.6
10.9
9.2
11.3
10.3
11.6
4.0
3.7
.9
4.3
4.1
1.1
3.8
4.1
1.0
3.8
5.1
2.0
4.3
3.8
.9
4.8
4.1
1.1
4.3
4.2
1.1
4.0
4.8
2.0
3.5
3.7
1.0
4.1
3.9
1.2
3.5
4.1
1.1
3.8
5.0
2.1
4.4
3.6
1.2
5.6
4.3
1.4
4.5
4.4
1.4
4.4
5.4
1.8
29.5
31.2
31.3
36.9
30.2
32.8
33.5
38.6
31.6
33.9
34.3
40.0
33.4
36.1
36.3
40.8
16.4
5.0
2.0
} 6.0
17.3
5.8
2.4
5.7
17.9
5.3
2.5
5.6
18.3
8.1
2.4
P.I
17.0
4.7
2.3
6.2
18.1
6.1
2.6
6.0
19.2
5.4
2.8
6.1
19.2
8.1
2.5
8.8
17.9
4.8
2.3
6.5
19.1
5.9
2.7
6.2
19.6
5.5
2.9
6.3
18.3
19.8
5.3
8.4
2.5
2.6
(
9.1 X 51.4
.8
19.8
6.3
2.8
.8
6.4
20.2
6.0
3.0
.7
6.4
20.8
8.5
2.9
1.1
7.4
24.3
24.6
25.1
25.2
26.0
26.4
26.7
26.8
27.8
28.1
28.4
28.6
30.1
30.2
30.5
31.2
9.0
9.1
9.3
9.4
9.6
9.7
9.9
10.1
10.3
10.4
10.6
10.7
11.1
4.2
3.7
3.5
3.8
4.4
4.0
3.7
4.1
4.8
4.3
3.9
4.3
1 ?:$
11.2
4.5
1.7
2.7
11.3
4.2
1.5
2.7
11.4
4.8
2.0
2.8
2.0
9.1
2.2
9.6
2.2
10.1
2.2
9.8
2.1
9.9
2.3
10.4
2.4
10.7
2.2
10.4
2.1
10.6
2.4
11.0
2.4
11.5
2.4
11.2
2.4
11.5
2.5
12.0
2.6
12.4
2.6
12.4
III
IV
Motor vehicles and parts
Furniture and household equipment
Other
Nondurable goods
Services
17
18
Transportation
Other
h
1
3
4
5
6
7
g
9
10
11
12
1967
1966
Line
2
Personal consumption expenditures.
Durable goods..
Motor vehicles and parts
Furniture and household equipment...
Other.
..
.. .
Nondurable goods
Food
Clothing and shoes...
Gasoline and oil
Fuel oil and coal
Other .
Services
1959
1958
II
Personal consumption expenditures .
Food
Clothing and shoes
Gasoline and oil
Fuel oil and coal
Other..
1957
I
Durable goods
Housing
Household operation
Electricity and gas
Other
1949
1
Transportation
Other
13
14
15
16
1948
I
Line
1
1947
j
5.0
1969
1968
III
IV
III
IV
I
II
I
II
III
107.8
114.9
116.0
126.0
114.0
121.8
122.6
131.9
123.6
132.2
134.4
145.7
134.1
143.8
144.9
156.9
15.3
16.9
16.1
19.4
14.9
18.0
16.9
19.9
17.2
20.1
19.6
23.1
18.9
22.0
20.7
24.0
7.6
5.6
2.0
8.1
6.5
2.3
6.8
6.9
2.4
7.6
8.7
3.1
6.6
6.1
2.2
8.5
7.0
2.5
7.2
7.2
2.5
7.4
9.2
3.3
8.2
6.7
2.3
9.7
7.6
2.8
8.6
8.2
2.8
9.3
10.1
3.7
9.0
7.2
2.7
10.4
8.5
3.1
9.1
8.6
3.0
9.3
10.7
3.9
45.5
50.6
51.4
57.2
48.0
52.3
53.2
59.1
51.3
56.7
57.8
64.6
55.0
60.9
61.7
69.4
24.3
7.2
3.6
1.5
8.9
26.7
8.8
4.0
.9
10.2
27.6
8.7
4.2
.8
10.1
28.0
11.9
4.1
1.4
11.8
25.2
7.7
3.9
1.6
9.5
27.4
9.1
4.3
1.0
10.6
28.2
9.1
4.5
.8
10.6
28.7
12.3
4.4
1.4
12.3
27.0
8.1
4.3
1.7
10.1
29.6
10.0
4.6
1.0
11.5
30.5
10.1
4.9
.8
11.5
31.2
13.6
4.7
1.5
13.6
28.9
8.9
4.6
1.7
10.9
31.6
10.8
5.1
1.0
12.4
32.3
10.8
5.4
.9
12.4
33.2
14.6
5.3
1.6
14.7
47.1
47.4
48.5
49.4
51.2
51.5
52.5
53.0
55.0
55.4
57.1
58.0
60.2
60.9
62.5
63.6
IV
I
II
I
II
13
14
15
16
Housing
Household operation
Electricity and gas
Other
16.8
7.6
3.6
3.9
17.1
6.7
2.7
4.1
17.6
6.5
2.3
4.2
17.9
7.2
2.9
4.4
18.2
8.2
3.8
4.4
18.4
7.4
2.8
4.6
18.7
7.1
2.5
4.6
18.9
7.9
3.1
4.8
19.4
9.0
4.2
4.8
19.7
7.8
2.9
4.9
20.2
7.6
2.7
4.9
20.7
8.3
3.3
5.1
21.1
9.6
4.5
5.1
21.5
8.4
3.1
5.3
21.9
8.3
3.0
5.3
22.2
9.2
3.6
5.6
17
18
Transportation
Other
3.6
19.1
3.7
19.9
3.8
20.5
3.9
20.4
3.9
20.8
4.0
21.7
4.1
22.6
4.1
22.1
4.2
22.5
4.3
23.6
4.5
24.8
4.4
24.6
4.5
25.0
4.7
26.3
4.8
27.4
4.8
27.3
•Revised estimates for 1973 and 1974 will be shown in the September 1976 SURVEY OF
CURRENT BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977
SURVEY OF CURRENT BUSINESS.
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
87
of Product: Quarterly Totals Not Seasonally Adjusted, 1946-74
dollars]
1952
1951
1950
II
III
IV
49.9
53.2
53.1
60.9
8.0
6.2
7.3
6.8
3.0
3.3
.7
2.5
4.1
1.4
2.5
3.0
.7
3.3
3.2
.8
26.1
26.2
31.5
25.7
14.9
5.0
1.6
4.6
15.3
4.6
1.6
4.7
15.9
7.0
1.6
7.0
14.8
4.3
1.5
5.1
16.9
17.1
17.2
17.4
5.8
6.0
III
IV
53.8
57.2
56.4
62.3
8.8
7.4
8.4
7.9
8.8
2.5
3.4
.8
2.9
4.3
1.6
3.4
3.2
.8
4.0
3.5
.9
3.5
3.5
.8
27.6
27.6
33.0
26.8
28.7
15.7
5.3
1.8
4.8
16.2
4.8
1.8
4.8
16.7
7.5
1.7
7.1
15.3
4.7
1.6
5.2
16.0
5.5
1.9
5.2
17.9
18.2
18.7
19.1
19.6
ft Q
R K
a a
a o
7 A
2.6
3.0
2.7
2.6
2.9
1.7
6.8
1.6
6.8
1.8
7.1
1.9
1.8
II
III
IV
I
II
III
IV
43.0
46.2
49.3
53.5
49.4
50.4
50.4
56.9
6.1
7.1
8.9
8.6
7.6
7.2
7.0
2.7
2.8
Q
3.4
3.0
7
4.2
4.0
7
3.4
3.9
13
3.3
3.5
.7
3.3
3.1
.8
21.7
23.5
24.5
28.5
25.0
12.4
3.9
1.1
[ 4.3
13.1
4.8
1.4
4.2
14.1
4.4
1.5
4.5
14.4
6.5
1.4
6.2
14.3
4.6
1.3
4.8
15.1
15.6
15.9
16.3
5.2
5.4
5.5
5.6
2.2
1.4
6.0
1.6
6.3
2.5
1.6
6.6
1.6
6.6
2.8
2.6
2.4
1.6
6.6
1.7
6.8
1.8
6.9
I
III
IV
54.7
58.5
57.8
64.9
7.0
8.2
7.5
9.1
2.9
4.3
1.5
3.0
3.2
.7
3.8
3.4
.9
3.1
3.5
.9
28.1
32.9
26.5
28.9
16.4
4.7
2.0
5.0
16.6
7.2
1.9
7.2
15.3
4.3
1.7
5.2
16.1
5.6
2.0
5.2
20.1
20.4
20.6
21.1
3.2
3.0
2.8
3.0
1.8
2.0
2.0
8.0
2.0
7.8
III
IV
58.1
62.8
62.7
70.0
1
8.4
9.9
9.6
10.8
2
3.1
4.4
1.6
4.1
3.5
.8
5.0
3.8
1.0
4.6
4.0
9
4.1
4.9
18
3
4
28.6
33.9
27.3
30.0
30.0
35.8
16.8
4.7
2.1
5.0
17.2
7.4
2.0
7.2
15.5
4.5
1.8
5.4
16.6
5.8
2.2
5.3
17.3
5.0
2.3
5.3
17.7
7.8
2.2
8.0 i(
U
21.4
21.6
21.9
22.5
23.0
23.2
23.4
12
8.2
8.3
8.6
8.7
8.8
3.4
3.0
2.9
3.3
3.7
3.4
3.2
3.7
1
1 16
1.9
8.0
2.0
8.3
2.0
8.6
2.0
8.4
1.9
8.5
2.1
8.9
2.1
9.2
2.0
8.9
17
18
III
IV
1963
I
1964
6
1
7
8
9
10
13
U
15
1965
Line
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
76.2
82.0
80.0
86.8
78.3
83.3
82.8
90.7
82.9
88.7
87.5
96.1
87.3
93.2
93.0
9.7
11.5
10.1
11.8
8.8
10.6
9.8
12.4
10.0
12.1
10.9
13.7
10.9
13.4
12.2
15.0
12.4
4.7
3.7
12
5.7
4.4
14
4.5
4.3
14
4.7
5.3
1.8
4.0
3.6
1.2
4.9
4.3
1.4
4.0
4.4
1.4
4.9
5.6
1.8
4.9
3.9
1.3
6.1
4.5
1.5
4.8
4.6
1.5
5.8
5.9
? 0
5.5
4.1
1.4
6.9
4.8
1.6
5.5
5.0
1.6
6.5
6.4
2.1
34.1
37.8
37.4
41.8
35.3
38.3
38.6
43.1
36.6
40.1
39.8
45.0
37.8
41.4
41.6
18.8
5.2
2.7
13
20.4
6.8
3.0
7
20.7
6.1
3.2
6
21.3
8.6
3.0
1 i
19.3
5.5
2.8
13
21.0
6.5
3.0
.8
21.3
6.4
3.2
.6
21.7
9.0
3.0
1.1
19.9
5.6
2.9
1.3
21.4
7.1
3.1
22.4
9.4
3.3
1.1
20.4
5.8
3.0
1.4
22.0
7.2
3.2
.7
22.5
6.9
3.4
.7
6.9
6.8
7.8
6.4
7.1
7.1
8.3
6.9
7.7
21.8
6.6
3.3
.6
7.6
8.9
7.3
8.1
8.1
32.4
32.6
32.5
33.2
34.2
34.5
34.3
35.2
36.4
36.5
36.7
37.4
38.5
38.5
39.2
11.7
5.5
2.7
2.8
11.9
4.9
1.9
3.0
12.1
4.5
1.6
2.9
12.4
5.1
2.1
3.0
12.5
5.8
2.8
3.0
12.7
5.1
2.1
3.0
12.9
4.7
1.7
3.0
13.1
5.4
2.2
3.1
13.3
6.2
3.1
3.2
13.5
5.3
2.2
3.2
13.8
5.0
1.8
3.2
14.0
5.6
2.4
3.3
14.2
6.6
3.3
3.3
14.3
5.6
2.2
3.4
2.6
12.5
2.7
13.1
2.7
13.1
2.7
13.0
2.7
13.1
2.8
13.9
2.8
13.9
2.8
13.9
2.9
14.0
2.9
14.7
3.0
14.9
3.0
14.8
3.0
14.8
3.0
15.5
II
I
II
II
III
IV
99.2
99.7
108.0
98.8
14.6
13.7
15.7
:13.6
15.9
14.8
18.5
2
6.2
4.6
1.5
7.4
5.4
1.8
6.2
5.6
1.9
6.1
7.2
2.4
7.1
4.9
16
8.2
5.7
1.9
6.8
6.1
2.0
7.8
8.0
28
3
4
5
46.3
40.0
43.3
44.1
49.5
11.2
46.3
46.9
54.1
6
23.0
9.6
3.3
1.2
23.0
7.6
3.4
.8
23.8
7.5
3.6
.7
24.5
10.5
3.4
1.3
22.2
6.4
3.3
14
24.5
8.1
3.7
9.3
21.4
6.4
3.1
1.3
7.7
9.8
8.0
9.3
9.1
26.9
11.2
3.8
14
10.9
7
8
9
10
8.5
25.4
7.8
3.9
g
39.9
41.1
41.3
41.9
42.8
14.0
44.2
44.8
45.7
12
14.6
5.3
2.0
3.4
14.8
5.9
2.4
3.5
15.0
6.8
3.4
3.4
15.2
6.0
2.4
3.6
15.5
5.7
2.1
3.6
15.7
6.3
2.6
3.8
16.0
7.2
3.5
3.7
16.3
6.3
2.5
3.8
16.6
6.1
2.2
3.9
16.6
6.8
2.7
4.1
13
14
15
16
3.1
16.1
3.1
16.2
3.1
16.3
3.2
16.9
3.3
17.4
3.2
17.5
3.3
17.6
3.4
18.2
3.5
18.7
3.5
18.8
17
18
IV
101.1 . 93.5
I
II
III
IV
!
I
IV
166.2
]166.7
181.0
168.8
181.3
183.5
199.5
187.0
20.7
24.7
23.7
28.0
23.8
28.2
27.3
31.9
7.7
11.2
4.1
9.8
8.1
2.8
11.9
9.5
3.3
10.7
9.6
3.4
11.3
12.3
4.4
11.3
9.3
3.2
13.7
10.6
3.8
12.5
11.0
3.8
13.1
13.8
5.0
65.9
74.2
62.0
69.0
68.9
77.7
66.5
73.5
74.8
35.0
10.9
5.8
1.0
13.2
35.8
15.2
5.7
1.5
16.0
32.3
9.7
5.5
1.9
12.6
35.5
12.3
5.8
1.2
14.3
35.9
12.0
6.1
.9
14.0
36.9
16.5
6.0
1.6
16.8
34.2
10.8
5.8
2.0
13.6
37.7
13.0
6.2
1.2
15.5
38.9
13.2
6.4
1.0
15.2
68.2
69.0
71.6
72.5
74.1
75.2
78.4
79.6
24.9
11.3
5.2
6.0
25.5
9.8
3.9
6.0
25.9
9.8
3.7
6.2
26.4
10.6
4.2
6.4
27.1
12.1
5.6
6.5
5.6
29.8
5.9
31.3
6.1
32.2
6.2
32.1
6.3
32.9
IV
153.6
154.7
166.3
154.3
19.0
22.3
20.6
23.1
8.4
7.8
2.8
10.3
8.8
3.2
8.5
8.9
3.2
59.5
65.2
31.3
9.4
5.1
1.8
11.9
34.3
11.0
5.5
1.1
13.3
65.8
66.1
8.5
I
II
106.4 106.6 118.3
1973*
][II
III
I
1972
1971
1970
I
Line
II
I
I
6.1
1955
II
I
1962
1961
1960
1954
II
I
2.3
1953
II
1974*
III
IV
200.9
202.2
218.3
201.6
28.1
31.8
30.1
32.9
26.0
13.8
10.7
3.7
15.2
12.3
4.3
13.5
12.3
4.3
11.9
15.4
5.6
10.5
11.5
4.0
84.6
73.5
82.1
83.4
95.3
39.6
18.2
6.4
2.0
18.3
37.8
12.1
6.4
2.5
14.8
41.7
14.9
7.0
1.5
17.0
43.5
14.5
7.3
1.3
16.7
45.1
19.9
7.6
2.4
20.3
81.4
83.0
85.4
86.9
88.7
90.2
93.1
27.7
10.9
4.2
6.7
28.8
10.9
4.1
6.8
29.1
11.9
4.9
7.0
29.7
13.3
6.1
7.1
30.4
12.0
4.7
7.4
31.2
12.1
4.7
7.5
31.7
12.9
5.1
7.8
32.6
14.5
6.6
7.8
6.4
34.6
6.6
35.0
6.6
35.4
6.7
35.7
6.9
37.6
7.1
38.3
7.1
38.5
7.3
38.8
7.6
41.0
I
II
1
11
Line
III
IV
220.8
225.3
238.2
31.8
31.7
32.5
2
13.4
13.5
4.8
13.4
] 3.6
4.7
10.6
16.0
5.8
3
4
5
82.4
93.4
94.9
104.9
6
42.5
12.9
7.5
3.1
16.5
47.1
16.1
9.5
1.9
18.8
49.2
15.7
10.0
1.6
18.3
50.5
20.5
9.5
2.8
21.6
7
8
9
10
11
95.6
98.8
100.8
12
33.5
13.4
5.4
8.0
34.4
13.7
5.6
8.2
35.5
14.7
6.4
8.3
13
14
15
16
7.9
42.6
8.0
42.6
17
18
I
144.2
22.7
10.4
4.8
5.6
23.1
9.1
3.5
5.7
23.9
9.0
3.3
5.7
24.4
9.7
3.9
5.9
5.0
27.7
5.2
28.7
5.4
29.9
5.5
29.4
1
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
88
Table 2.6.—Personal Consumption Expenditures
[Millions of
Personal consumption
tures.
Food and tobacco
expendi-
Food purchased for off-premise consumption (n.d.).
Purchased meals and beverages * (n.d.)Food furnished employees (including
military) (n.d.).
Food produced and consumed on
farms (n.d.).
Tobacco products (n.d.)
Addenda:
Food excluding alcoholic beverages
(d)
1946
1947
1948
1949
143,808
161,742
174,749
178,135
50,721
56,089
58,186
56,593
37,901
Shoes and other footwear (n.d.)
Shoe cleaning and repair (s.)
Clothing 2 and accessories except footwear.
Women's and children's (n.d.)
Men's and boys' (n.d.)
Standard clothing issued to military
personnel (n.d.).
Cleaning, laundering, dyeing, pressing,
alteration, storage, and repair of garments (s.).
Jewelry and watches (d.)
Other 3(S.)
Personal care
Toilet articles and preparations (n.d.)...
Barbershops, beauty parlors, and
baths (s.).
Housing
Owner-occupied
nonfarm dwellings—
space rent 4 (s.)Tenant-occupied nonfarm dwellings
(including lodging houses)—rent 5 (s.).
Rental value of farm dwellings (s.)
Other • (s.)
Household operation
Furniture, including mattresses and
bedsprings (d.).
Kitchen 7and other household appliances (d.).
China, glassware, tableware, and
utensils (d.).
Other durable house furnishings 8 (d.)_
Semidurable house furnishings «(n.d.).
Cleaning and polishing preparations,
and miscellaneous household supplies and paper products (n.d.).
Stationery and writing supplies (n.d.) _
Household utilities.
Electricity (s.)
Gas (s.)
Water and other sanitary services (s.)_
Fuel oil and coal (n.d.)
Telephone and telegraph (s.) _
Domestic service (s.)
Other io (s.)
Medical care expenses
11
1955
1956
1957
191,966
207,066
217,093
229,665
235,841
253,665
266,007
58,120
64,893
68,357
69,460
70,341
72,236
75,210
79,242
38,577
39,796
44,091
46,487
47,478
48,883
50,485
52,700
55,775
11,092
1,076
12,467
1,632
13,093
1,769
13,350
1,650
13,363
1,478
13,848
1,292
14,528
1,198
15,171
1,218
280,409
2,461
2,560
2,539
2,059
1,905
2,168
2,098
1,887
1,678
1,563
1,481
1,391
3,353
3,744
4,009
4,109
4,251
4,535
4,910
5,095
4,939
5,048
5,303
5,687
39,008
43,725
46,277
44,789
45,979
52,123
54,702
55,455
56,532
58,073
60,437
63,890
8,620
7,900
7,695
7,890
8,235
8,745
8,910
8,870
9,115
9,470
9,665
22,007
22,760
24,201
23,333
23,709
25,485
26,416
26,668
26,786
27,982
29,230
29,517
2,781
241
15,063
2,955
227
15,575
3,124
200
15,992
3,347
195
16,028
3,346
206
17,451
3,288
204
18,390
3,306
205
18,587
3,324
206
18,676
3,623
209
19,415
3,781
212
20,294
3,819
217
20,440
9,711
5,352
9,945
5,630
229
3,097
216
16,812
10,899
5,913
191
10,191
5,801
212
10,000
6,028
272
10,843
6,608
414
11,608
6,782
256
11,912
6,675
161
11,965
6,711
79
12,444
6,971
52
12,967
7,327
61
13,152
7,288
59
1,913
2,149
2,279
2,290
2,321
2,411
2,488
2,571
2,578
2,627
2,734
2,802
1,427
218
1,395
230
1,374
232
1,298
217
1,412
245
1,523
267
1,743
313
1,812
336
1,817
363
2,225
2,287
2,306
2,617
2,782
1,560
278
2,976
1,631
292
2,058
1,318
228
2,438
3,162
3,461
3,892
4,284
1,081
977
1,217
1,008
1,257
1,030
1,257
1,049
1,354
1,084
1,482
1,135
1,576
1,206
1,683
1,293
1,729
1,433
1,915
1,546
2,156
1,736
2,372
1,912
14,197
16,006
17,909
19,649
21,711
24,311
26,967
29,841
32,222
34,339
36,669
39,282
7,356
8,456
9,731
10,968
12,391
14,089
15,901
17,899
19,724
21,407
23,233
25,036
5,159
5,609
6,120
6,716
7,266
7,960
8,621
9,411
9,974
10,312
10,732
11,374
1,303
379
1,447
494
1,505
553
1,408
557
1,464
590
1,607
655
1,736
709
1,765
766
1,711
813
1,734
970
1,787
1,085
19,936
23,688
26,065
25,639
29,086
31,028
31,305
32,733
33,336
1,741
879
36,890
39,307
40,716
3,191
3,409
3,601
3,671
4,210
4,434
4,323
4,289
2,232
2,534
2,766
2,683
3,070
1,632
2,867
3,134
2,833
3,579
3,526
3,482
3,645
3,698
4,074
4,316
1,256
1,341
1,442
1,391
1,498
1,593
1,557
1,614
1,628
1,732
1,790
1,726
2,185
2,039
924
2,444
2,135
1,523
2,742
2,354
1,639
2,679
2,332
1,623
3,121
2,647
1,768
3,468
2,824
1,972
3,155
2,615
1,901
3,108
2,550
2,111
2,904
2,390
2,268
3,313
2,537
2,480
3,574
2,612
2,651
3,730
2,612
2,922
423
437
494
513
563
615
673
698
756
806
5,023
1,328
754
457
2,484
5,780
1,473
865
492
2,950
6,520
1,879
1,038
548
3,055
7,293
2,138
1,185
596
3,374
7,876
2,395
1,345
640
3,496
8,272
2,652
1,469
712
3,439
8,707
2,932
1,589
770
3,416
9,328
3,213
1,800
824
3,491
10,180
3,496
2,027
906
3,751
10,913
3,802
2,259
965
3,887
11,588
4.097
2,403
1,030
4,058
1,288
2,120
814
1,376
2,348
903
1,731
2,356
997
1,942
2,572
1,083
2,170
2,661
1,184
2,421
2,614
1,264
2,683
2,690
1,351
2,789
2,570
1,392
3,061
3,051
1,496
3,341
3,266
1,604
3,648
3,322
1,688
6,205
7,221
8,449
9,104
9,843
10,638
11,624
12,501
13,206
14,334
15,698
2,137
2,163
2,362
2,661
2,981
595
592
655
674
3,457
1,528
3,773
1,645
4,104
1,766
625
3,197
680
3,501
744
3,856
338
1,200
422
1954
10,848
1,000
Other professional services 12 (s.)
Privately controlled
hospitals and
sanitariums 13 (s.).
Health insurance
Medical care and hospitalization »*
(s.).
Income loss « (s.)
Workmen's compensation 18 (s.)
See footnotes at end of table.
1953
11,029
1,021
1,271
Brokerage charges and investment
counseling (s.).
Bank service charges, trust services, and
safe deposit box rental (s.).
Services furnished without payment
by financial intermediaries except
life insurance carriers (s.).
Expense of handling life insurance 17 (s.).
Legal services (s.)
Funeral and burial expenses (s.)
Other is (s.)
1952
10,861
1,023
Drug preparations and sundries
(n.d.).
Ophthalmic products and orthopedic
appliances (d.).
Physicians (s.)
Dentists (s.)
Personal business
1951
10,895
1,349
Alcoholic beverages (n.d.)
Clothing, accessories, and jewelry.
1950
1,313
400
772
523
3,446 |
1,569 |
2,363 i
8,185
1,466
431
1,555
454
1,719
486
1,979
546
2,058
580
604
2,118
785
2,440
910
2,463
920
2,568
962
2,687
1,003
2,849
1,110
3,053
1,247
393
1,449
450
1,653
453
1,786
472
2,030
491
2,236
518
2,473
556
2,713
3,351
1,428
609
2,939
763
835
256
818
249
867
300
901
307
1,050
389
1,314
486
1,416
577
1,445
614
1,419
609
1,573
670
272
307
282
287
302
265
304
290
315
346
420
408
445
394
442
389
404
406
473
4,701
5,238
5,723
5,948
6,556
7,083
7,375
7,989
8,701
9,524
10,399
11,249
325
235
291
262
454
436
375
366
606
732
690
682
233
260
300
330
366
403
436
480
544
601
667
748
1,107
1,286
1,411
1,476
1,619
1,744
1,957
2,270
2,472
2,723
3,062
3,261
1,178
609
736
513
1,417
668
822
550
1,538
765
848
570
1,598
836
879
567
1,755
874
896
592
1,911
942
971
676
1,963
975
1,006
663
2,105
1,023
1,046
699
2,212
1,103
1,040
724
2,428
1,192
1,100
748
2,795
1,223
1,152
810
1,378
1,257
884
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
89
by Type of Expenditure: Annually, 1946-74
dollars]
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973*
1974*
Line
289,461
310,768
324,903
334,995
355,217
374,578
400,381
430,154
464,793
490,358
535,932
579,711
618,7%
668,171
733,034
808,549
885,862
1
82,363
85,658
87,979
90,373
92,681
95,328
100,272
106,966
115,108
118,530
127,704
135,813
147,140
151,933
162,620
181,104
203,131
2
58,406
60,368
61,559
62,798
63,838
65,159
68,958
73,910
80,028
82,039
88,320
94,230
102,035
105,237
112,111
124,929
141,457
3
15,321
1,244
16,323
1,206
17,214
1,209
18,111
1,281
19,345
1,339
20,446
1,350
21,580
1,374
22,705
1,485
23,994
1,769
24,914
1,944
27,345
1,973
29,074
2,052
31,520
2,065
32,678
1,988
35,490
2,010
39,903
2,142
44,340
2,312
4
5
1,410
1,215
1,134
1,049
944
879
801
780
794
710
693
706
725
708
805
1,065
1,242
6
5,982
6,546
6,863
7,134
7,215
7,494
7,559
8,086
8,523
8,923
9,373
9,751
10,795
11,322
12,204
13,065
13,780
7
66,631
68,721
70,476
72,364
73,913
75,764
80,154
85,775
92,605
94,955
102,647
109,553
118,617
122,024
130,626
146,756
166,446
8
9,750
10,391
10,640
10,875
11,553
12,070
12,559
13,105
13,980
14,652
15,684
16,509
17,728
18,587
19,790
21,283
22,905
9
29,868
31,545
32,219
32,904
34,416
35,402
38,277
40,304
44,091
46,149
50,276
54,009
55,619
59,618
64,809
71,955
76,365
10
4,075
219
20,520
4,322
243
21,758
4,479
260
22,184
4,537
281
22,794
4,738
284
23,902
4,791
255
24,654
5,154
243
26,723
5,316
260
28,083
5,866
261
30,558
6,177
267
31,843
6,892
282
34,710
7,669
276
37,263
7,733
254
38,706
8,162
255
42,225
8,915
240
46,155
10,005
241
51,337
10,169
243
54,970
11
12
13
13,356
7,164
58
14,161
7,597
51
14,443
7,741
48
14,859
7,935
55
15,673
8,229
69
16,232
8,422
64
17,537
9,186
64
18,363
9,720
76
19,884
10,674
164
20,481
11,362
192
22,410
12,300
203
24,010
13,253
174
25,067
13,639
161
27,528
14,697
118
29,893
16,262
70
33,306
18,031
79
35,775
19,195
79
14
15
16
2,774
2,839
2,895
2,888
2,946
3,018
3,178
3,325
3,467
3,578
3,670
3,732
3,653
3,504
3,558
3,508
3,538
17
1,850
372
1,920
412
1,904
449
1,876
473
2,017
460
2,382
533
2,639
605
3,114
661
3,354
738
3,678
841
3,982
913
4,146
966
4,326
1,028
4,694
1,177
5,415
1,370
5,830
1,536
18
19
4,604
4,859
5,242
5,783
6,351
2,132
488
6,656
7,106
7,617
8,455
9,082
9,545
10,265
10,920
11,096
11,749
12,616
13,418
20
2,590
2,014
2,654
2,205
2,938
2,304
3,254
2,529
3,595
2,756
3,829
2,827
4,128
2,978
4,504
3,113
4,992
3,463
5,375
3,707
5,943
3,602
6,481
3,784
6,947
3,973
7,325
3,771
7,869
3,880
8,557
4,059
9,238
4,180
21
22
41,953
44,989
48,117
51,160
54,726
57,971
61,394
65,469
69,522
74,144
79,927
86,816
93,986
102,690
112,277
135,955
23
26,953
29,047
31,273
33,285
35,714
37,787
39,991
42,668
45,338
48,329
52,189
56,627
61,291
67,541
74,003
81,290
90,113
24
12,047
12,735
13,464
14,315
15,263
16,173
17,173
18,300
19,389
20,554
22,159
24,044
26,192
28,646
31,016
33,686
36,357
25
1,861
1,092
2,031
1,176
2,098
1,282
2,202
1,358
2,258
1,491
2,360
1,651
2,481
2,020
2,599
2,196
2,747
2,514
2,838
2,741
3,046
3,099
3,019
3,484
3,226
3,277
3,474
3,784
3,913
4,208
4,880
4,605
26
27
41,822
44,466
46,126
47,622
50,376
53,398
2,443
1,787
57,677
61,322
66,468
70,683
76,736
82,842
87,793
94,437
105,155
117,815
130,518
28
4,315
4,612
4,586
4,597
4,925
5,309
5,937
6,294
6,804
7,032
7,596
8,110
8,213
8,787
9,920
11,210
11,970
2£
4,110
4,376
4,246
4,237
4,274
4,457
4,810
4,831
5,264
5,449
6,050
6,583
6,918
7,388
8,450
9,480
9,965
3C
1,697
1,741
1,739
1,756
1,859
1,900
2,125
2,371
2,738
2,947
3,275
3,543
3,762
4,048
4,498
5,092
5,506
3]
3,713
2,521
3,098
4,025
2,656
3,454
4,081
2,727
3,743
4,188
2,870
4,164
4,513
3,116
4,561
4,958
3,223
4,869
5,661
3,555
5,284
6,117
3,818
5,719
6,714
4,194
6,328
7,074
4,408
6,660
8,045
4,942
7,326
8,642
5,347
7,970
8,954
5,689
8,575
9,685
6,244
9,078
11,007
6,981
9,856
12,621
7,867
10,980
13,946
8,470
12,023
32
35
34
123,097
938
1,050
1,101
1,082
1,168
1,259
1,363
1,452
1,735
1,757
1,793
1,997
1,988
2,087
2,296
2,566
2,803
3£
12,267
4,381
2,685
1,048
4,153
12,852
4,714
2,928
1,187
4,023
13,496
5,061
3,269
1,344
3,822
13,997
5,327
3,504
1,436
3,730
14,758
5,678
3,764
1,579
3,737
15,639
5,950
3,922
1,772
3,995
16,395
6,294
4,112
1,874
4,115
17,289
6,607
4,272
2,001
4,409
18,258
7,043
4,462
2,102
4,651
19,185
7,527
4,679
2,178
4,801
20,403
8,175
4,892
2,330
5,006
21,962
8,944
5,238
2,613
5,167
23,796
9,869
5,592
2,948
5,387
25,854
10,998
6,049
3,272
5,535
28,763
12,314
6,541
3,638
6,270
32,308
13,852
6,725
4,029
7,702
37,900
16,498
7,525
4,407
9,470
3€
3'
&
3,892
3,503
1,768
4,184
3,553
1,963
4,515
3,797
2,095
4,827
3,734
2,170
5,110
3,807
2,285
5,524
3,831
2,429
5,951
3,916
2,6*0
6,488
3,969
2,974
7,007
4,021
3,405
7,668
4,701
3,802
8,329
4,853
4,124
9,258
4,913
4,517
10,060
5,053
4,785
11,005
5,174
5,087
12,386
5,348
5,650
14,167
5,390
6,134
15,649
5,465
6,821
41
45
4:
17,000
18,600
20,002
21,328
23,383
25,174
28,183
30,053
32,554
35,091
38,766
44,596
49,853
54,671
61,188
67,468
75,771
4^
3,195
3,502
3,855
4,188
4,488
4,682
4,813
4,996
5,238
5,499
6,015
6,507
7,102
7,313
7,780
8,339
9,079
4*
4(
663
778
758
767
935
986
1,063
1,156
1,292
1,210
1,308
1,305
1,258
1,208
1,313
1,464
1,580
4,574
1,876
4,961
1,928
5,184
2,002
5,365
2,085
5,929
2,226
6,366
2,258
7,572
2,626
7,968
2,784
8,483
2,920
9,361
3,249
10,035
3,501
11,449
4,126
12,939
4,669
14,204
4,923
15,489
5,403
17,000
6,268
19,341
6,736
4(
4'
4*
832
4,311
979
4,783
1,105
5,307
1,226
5,706
1,442
6,190
1,641
7,020
1,874
7,803
2,071
8,419
2,288
9,358
1,801
10,733
1,817
12,385
1,753
15,242
1,907
17,903
2,102
20,399
2,336
23,303
2,558
25,825
2,890
29,407
4<
5C
1,549
620
1,669
699
1,791
793
1,991
924
2,173
1,032
2,221
1,069
2,432
1,174
2,659
1,266
2,975
1,354
3,238
1,414
3,705
1,601
4,214
1,816
4,075
1,688
4,522
1,974
5,564
2,594
6,014
2,638
6,738
2,789
51
52
510
419
536
434
531
467
579
488
606
535
580
572
623
635
687
706
792
829
860
964
986
1,118
1,181
1,217
1,125
1,262
1,315
1,233
1,555
1,415
1,701
1,675
1,870
2,079
12,058
* 13,150
14,233
15,175
15,600
16,896
18,049
19,714
21,870
23,999
26,835
29,318
31,336
34,309
37,419
40,595
44,509
52
54
55
884
1,205
1,158
1,658
1,541
1,801
1,964
2,201
2,631
2,986
3,598
3,090
2,356
3,027
3,364
3,068
2,689
56
810
868
927
970
1,017
1,050
1,161
1,287
1,430
1,585
1,719
1,883
2,031
2,192
2,319
2,490
2,668
57
3,364
3,882
4,330
4,298
4,334
4,793
5,025
5,567
6,565
7,321
8,334
9,846
11,190
11,994
13,375
14,772
16,858
58
3,210
1,531
1,328
931
3,129
1,705
1,373
988
3,546
1,755
1,457
1,060
3,687
1,993
1,489
1,080
3,883
2,108
1,578
1,139
4,097
2,308
1,669
1,178
4,492
2,444
1,697
1,266
4,869
2,657
1,761
1,372
4,904
3,000
1,848
1,492
5,406
3,163
1,908
1,630
5,929
3,347
2,091
1,817
6,520
3,713
2,186
2,080
6,838
4,413
2,291
2,217
7,503
4,910
2,384
2,299
7,826
5,435
2,525
2,575
8,647
6,230
2,609
2,779
9,680
6,970
2,681
2,963
59
60
61
62
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
90
Table 2.6.—Personal Consumption Expenditures
[Millions of
1946
1947
1948
1949
1950
1951
1953
1954
1955
1956
1957
12,454
15,895
18,510
21,797
25,415
25,039
25,202
29,087
28,773
34,583
33,846
36,438
User-operated transportation
Newautos(d.)
Net purchases of used autos (d.)
Other motor vehicles (d.)
Tires, tubes, accessories, and other
parts (d.)Repair, greasing, washing, parking,
storage, and rental (s.).
Gasoline and oil (n.d.)
9,525
2,024
427
288
1,391
12,993
4,027
759
395
1,385
15,521
5,000
1,178
474
1,315
18,914
7,705
1,253
397
1,216
22,609
10,304
1,398
471
1,545
22,079
8,613
1,519
530
1,507
22,142
7,965
1,295
423
1,633
25,995
11,099
882
417
1,461
25,809
10,840
456
394
1,317
31,598
13,817
1,896
541
1,581
30,760
11,553
1,983
576
1,733
33,284
12,588
2,129
558
1,972
1,704
1,961
2,194
2,373
2,509
2,820
2,932
3,258
3,304
3,619
3,918
4,225
3,366
4,015
4,789
5,317
5,522
6,122
6,756
7,426
7,823
8,595
9,392
10,177
Bridge, tunnel, ferry, and road tolls
65
70
78
87
97
111
137
151
161
171
196
225
260
381
493
566
763
857
1,001
1,301
1,514
1,378
1,409
1,410
1,908
1,334
511
63
1,927
1,328
532
67
1,989
1,405
508
76
1,951
1,407
465
79
1,934
1,368
487
79
1,965
1,371
511
83
1,990
1,382
519
2,008
1,385
530
1,938
1,333
509
96
1,933
1,292
540
101
1,971
1,285
579
107
1,987
1,255
616
116
1,021
567
975
534
466
872
394
447
1,070
465
1,084
442
1,026
394
1,052
378
1,115
385
1,1 7
373
34
315
91
35
1,000
548
317
101
319
116
31
309
141
28
332
188
28
351
226
28
346
266
305
298
29
295
349
30
304
394
32
317
445
32
8,539
9,249
9,692
10,010
11,147
11,564
12,102
12,720
13,077
14,078
14,979
15,333
589
1,099
531
1,243
584
1,374
627
1,454
674
1,495
776
1,573
788
1,689
830
1,776
806
1,825
867
1,869
951
1,880
983
1,973
907
1,076
1,170
1,394
1,708
1,694
1,624
1,803
793
955
965
1,090
1,174
1,386
1,116
1,398
1,450
1,675
2,421
2,236
2,349
2,588
2,726
2,869
2,938
2,825
115
140
174
202
283
353
393
434
482
516
573
628
416
442
440
451
457
495
526
545
540
546
554
587
2,066
2,003
1,918
1,872
1,781
1,716
1,655
1,605
1,672
1,801
1,899
1,655
1,692
174
1,594
187
1,506
180
1,451
182
1,376
183
1,310
186
1,246
189
1,187
197
1,228
220
1,326
245
1,394
268
1,126
287
200
359
222
397
232
435
239
454
222
462
220
477
220
221
517
224
539
230
569
237
611
242
653
379
404
425
428
448
472
514
528
584
654
738
241
526
255
574
257
594
247
594
239
624
255
652
327
691
372
755
381
414
981
438
1,086
1,063
1,302
1,459
1,574
1,685
1,834
1,957
2,089
368
793
2,212
2,677
2,971
465
613
347
669
408
723
435
757
475
790
546
820
603
864
657
911
706
991
1,087
859
1,213
964
416
453
498
534
595
774
731
794
2,041
2,216
2,212
2,340
2,512
2,860
3,002
3,222
660
3,757
3,941
Transportation.
Insurance premiums
paid (s.)-
less claims
Purchased local transportation
Transit systems (s.)
Taxicab(s.)
Railway (commutation) (s.)
Purchased intercity transportation
Railway (excluding commutation)
(s.).
Bus (s.)
Airline (s.)
Other »(s.)
Recreation.
Books and maps (d.)
Magazines, newspapers, and sheet
music (n.d.).
Nondurable toys and sport supplies
(n.d.).
Wheel goods, durable toys, sports equipment, boats, and pleasure aircraft
(d.).
Radio and television receivers, records,
and musical instruments (d.).
Radio and television repair (s.)
Flowers, seeds, and potted plants
(n.d.).
Admissions to specified spectator
amusements.
Motion picture theaters (s.)
Legitimate theaters and opera, and
entertainments of nonprofit institutions (except athletic) (s.).
Spectator sports 2 0 (s.)
Clubs and fraternal
organizations
except insurance 2 1 (s.).
Commercial participant amusements 2 *
(s.).
Parimutuel net receipts (s.)
Other 23 (s.)
Private education a n d research.
Higher education 24 (s.)
Elementary and secondary schools 24
Other «(s.)
Religious a n d welfare activities 2« ( s . ) . .
Foreign travel a n d other, net
Foreign travel by U.S. residents(s.)--Expenditures abroad by U.S. residents (n.d.).
Less: Expenditures in the United
States by foreigners (s.).
Less: Personal remittances in kind
to foreigners (n.d.).
840
287
311
1,981
342
869
1,573
2,047
1,720
28
316
625
655
857
1,132
1,476
1,509
3.323
1,708
1,738
597
188
727
252
850
381
920
346
924
607
1,044
832
1,174
1,127
1,263
1,079
1,624
1,111
1,738
1,120
418
399
451
481
568
637
703
735
1,619
1,456
1,073
920
997
272
339
264
155
130
106
107
122
107
123
BUSINESS.
1. Consists of purchases (including tips) of meals and beverages from retail, service, and
amusement establishments, hotels, dining and buffet cars, schools, school fraternities, institutions, clubs, and industrial lunchrooms.
2. Includes luggage.
3. Consists of watch, clock, and jewelry repairs, costume and dress suit rental, and miscellaneous personal services related to clothing.
4. Consists of rent for space and for heating and plumbing facilities, water heaters, lighting
fixtures, kitchen cabinets, linoleum, storm windows and doors, window screens, and screen
doors, but excludes rent for appliances, furnishings, and furniture, fuel, and electricity.
5. Consists of space rent (see footnote 4) and rent for appliances, furnishings, and furniture.
6. Consists of transient hotels, motels, clubs, schools, and institutions.
7. Consists of refrigerators and freezers, cooking ranges, dishwashers, laundry equipment,
stoves, air conditioners, sewing machines, vacuum cleaners, and other appliances.
8. Includes sue h house furnishings as floor coverings, comforters, quilts, blankets, pillows,
887
2,425
1,951
-54
450
128
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CUBRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT
1952
830
80
picture frames, mirrors, art products, portable lamps, and clocks. Also includes writing equipment and hand, power, and garden tools.
9. Consists largely of textile house furnishings including piece goods allocated to house
furnishings use. Also includes lamp shades, brooms, and brushes.
10. Consists of maintenance services for appliances and house furnishings, moving and warehouse expenses, postage and express charges, premiums for fire and theft insurance on personal
property less claims paid, and miscellaneous household operation services.
11. Excludes drug preparations and related products dispensed by physicians, hospitals,
and other medical services.
12. Consists of osteopathic physicians, chiropractors, private duty nurses, chiropodists,
podiatrists, and others providing health and allied services, not elsewhere classified.
13. Consists of current expenditures (including capital consumption allowances with capital
consumption adjustment) of nonprofit hospitals, sanitariums, and nursing homes, and payments by patients to proprietary hospitals, sanitariums, and nursing homes.
14. Consists of (1)
, , .premiums, less benefits and dividends,,_forr 1health and hospitalization insurance provided by accident, health, and hospitalization insurance plans; (2) premiums
less benefits for hospital and medical service plans; (3) administrative expenses (including
capital
with capital consumption adjustment) of group 1health asso' " consumption
• allowances
"
ciations and health maintenance organizations; and (4) student fees for medicallcare.
cs
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
91
by Type of Expenditure: Annually, 1946-74—Continued
dollars]
1963
1964
1965
45,833
49,526
52,259
42,293
15,016
2,957
733
2,823
45,964
17,230
3,306
889
3,010
48,510
18,277
3,531
1,025
3,118
1958
1959
1960
1961
1962
34,682
40,237
42,391
41,010
31,620
9,726
2,488
485
2,120
37,017
13,178
2,710
600
2,381
39,058
14,018
2,568
606
2,485
37,640
12,084
2,669
516
2,567
1966
1967
1968
1969
1970
1971
58,205
61,008
62,920
71,627
76,942
78,032
90,915
101,438
110,503
115,330
54,240
21,354
3,940
1,284
3,223
56,759
21,029
4,067
1,540
3,434
58,259
20,021
4,470
1,637
3,568
66,671
24,638
4,919
2,304
3,944
71,628
25,244
5,410
2,749
4,304
72,503
22,119
5,675
2,549
4,587
85,116
28,467
6,483
3,681
5,119
95,345
32,106
7,300
5,454
5,691
103,959
33,962
8,423
5,573
6,424
107,967
27,644
8,717
4,669
6,942
1972
1973*
1974*
4,387
4,747
5,065
5,360
5,701
6,100
6,492
6,901
7,393
8,004
8,864
9,945
11,248
12,532
13,922
15,380
17,735
10,558
11,257
11,977
11,981
12,567
12,920
13,530
14,696
15,962
17,014
18,422
20,371
21,997
23,396
24,879
28,295
36,447
250
294
310
330
356
379
421
463
495
517
563
603
643
689
745
786
748
1,606
1,850
2,029
2,133
2,140
2,130
2,116
2,379
2,839
3,028
3,017
3,002
3,685
4,749
5,248
5,116
5,065
1,917
1,219
574
124
1,984
1,256
603
125
2,026
1,295
609
122
1,992
1,295
570
127
2,032
1,317
588
127
2,040
1,315
595
130
2,042
1,313
595
134
2,061
1,313
612
136
2,121
1,343
638
140
2,236
1,399
692
145
2,293
1,411
729
153
2,407
1,493
752
162
2,521
1,573
776
172
2,600
1,596
828
176
2,604
1,585
842
177
2,632
1,617
835
180
2,812
1,720
892
200
1,145
338
1,236
316
1,307
306
1,378
291
1,508
284
1,522
264
1,707
280
1,904
284
2,128
297
2,425
270
2,663
227
2,907
206
3,008
185
3,199
155
3,489
176
3,912
204
4,551
259
296
479
32
296
589
35
290
676
35
288
760
39
298
882
44
290
924
44
335
1,044
48
375
1,191
54
429
1,329
73
466
1,582
107
475
1,838
123
470
2,086
145
496
2,166
161
525
2,347
172
523
2,637
153
545
2,988
175
616
3,484
192
15,793
17,074
17,855
18,573
20,042
21,655
23,698
25,907
29,794
31,942
35,159
38,130
40,999
43,664
49,100
54,945
60,544
1,022
2,061
1,088
2,117
1,139
2,164
1,212
2,026
1,287
2,305
1,413
2,468
1,612
2,498
1,648
2,662
1,840
3,130
1,847
3,206
1,941
3,537
2,082
3,552
2,356
3,900
2,461
4,240
2,530
4,685
2,784
5,802
3,049
7,078
2,115
2,364
2,477
2,663
2,889
3,113
3,375
3,585
4,039
4,272
4,650
5,102
5,477
5,839
6,542
7,305
7,993
1,845
2,006
1,976
1,944
2,015
2,180
2,520
2,888
3,620
4,085
4,706
5,359
5,511
5,902
7,315
8,197
8,853
2,812
3,021
3,003
3,160
3,349
3,662
4,259
5,041
6,207
6,952
7,593
8,165
8,885
9,534
10,964
12,288
13,270
904
930
933
946
999
1,057
1,082
1,079
1,137
1,222
1,334
1,408
681
714
774
825
862
544
619
703
713
840
991
1,072
1,272
1,429
1,480
1,707
1,945
2,134
2,264
2,655
2,885
3,276
1,538
1,571
1,652
1,685
1,757
1,820
1,922
2,123
2,310
2,404
2,653
2,903
3,141
3,359
3,487
3,659
4,016
992
297
954
317
956
342
955
327
945
350
942
356
951
383
1,067
388
1,119
432
1,128
474
1,294
488
1,400
516
1,521
556
1,626
570
1,644
632
1,766
670
2,034
717
249
692
300
726
354
728
403
757
462
771
522
808
588
841
668
859
759
930
802
959
871
1,052
987
1,127
1,064
1,197
1,163
1,212
1,211
1,266
1,223
1,331
1,265
1,432
848
1,007
1,200
1,366
1,499
1,595
1,677
1,695
1,786
1,900
2,032
2,137
2,317
2,373
2,650
2,905
3,169
454
1,181
503
1,338
539
1,500
569
1,653
650
1,818
694
2,007
769
2,223
814
2,387
848
2,709
881
2,957
960
3,271
1,065
3,611
1,144
3,858
1,257
4,086
1,359
4,425
1,502
4,953
1,614
5,386
3,227
3,465
3,746
4,000
4,317
4,661
5,073
5,684
6,447
7,109
8,097
8,988
9,874
10,632
11,587
12,572
13,494
1,326
1,049
1,417
1,163
1,518
1,297
1,657
1,459
1,788
1,607
1,920
1,749
2,145
1,871
2,540
2,003
2,873
2,168
3,085
2,322
3,462
2,472
3,844
2,624
4,295
2,789
4,718
2,996
5,083
3,233
5,409
3,621
5,710
3,872
852
885
931
884
922
992
1,057
1,141
1,406
1,702
2,163
2,520
2,790
2,918
3,271
3,542
3,912
4,236
4,706
4,872
5,020
5,150
5,394
5,825
6,055
6,344
6,921
7,520
7,832
8,539
9,136
10,105
10,652
11,678
1,855
2,019
2,121
2,047
2,342
2,517
2,568
2,858
3,132
3,788
3,742
4,162
4,705
5,071
5,584
5,229
5,149
1,900
1,108
2,111
1,068
2,313
1,053
2,340
985
2,583
1,022
2,840
1,013
2,988
1,130
3,346
1,243
3,606
1,461
4,249
1,611
4,214
1,738
4,749
1,888
5,469
2,059
5,886
2,136
6,954
1,977
7,455
1,733
8,127
1,661
1,046
1,051
1,110
1,149
1,146
1,204
1,403
1,560
1,765
1,840
1,981
2,267
2,574
2,741
3,140
3,759
4,413
107
109
135
129
117
132
147
171
170
232
229
208
249
210
207
200
226
15. Consists of premiums, less benefits and dividends, for income loss insurance.
16. Consists of premiums, less benefits and dividends, for privately administered workmen's
compensation.
17. Consists of total operating expenses of life insurance carriers and noninsured pension
plans. Excludes payments to policy holders and expenses allocated to accident and health
insurance.
18. Consists of current expenditures (including capital consumption allowances with capital
consumption adjustment) of trade unions and professional associations, employment agency
fees, money order fees, spending for classified advertisements, and other personal business
services.
19. Consists of baggage charges, coastal and inland waterway fares, and travel agents' fees.
20. Consists of admissions to professional and amateur athletic events, and to racetracks
including horse, dog, and auto.
21. Consists of dues and fees excluding insurance premiums.
22. Consists of billiard parlors; bowling alleys; dancing, riding, shooting, skating, and
swimming places; amusement devices and parks; golf courses; sightseeing buses and guides;
and private flying operations.
23. Consists of net receipts of lotteries and expenditures for purchase of pets and pet care
services, cable TV, film processing, photographic studios, sporting and recreation camps, and
recreational services, not elsewhere classified.
24. Equals current expenditures (including capital consumption allowances with capital
consumption adjustment) less receipts, such as those from meals, rooms, and entertainments,
accounted for separately in consumer expenditures, and less expenditures for research and
development financed under contracts or grants.
25. Consists of fees paid to commercial, business, trade, and correspondence schools, and for
educational services, not elsewhere classified, and current expenditures (including capital
consumption allowances with capital consumption adjustment) by foundations for education
and research.
26. Equals current expenditures (including capital consumption allowances with capital
consumption adjustment) of religious, social welfare, foreign relief, and political organizations,
museums, libraries, and foundations. The expenditures are net of receipts, such as those from
meals, rooms, and entertainments, accounted for separately in consumer expenditures, and
excludes relief payments within the United States and expenditures by foundations for
education and research.
NOTE.—Consumer durable goods are designated (d.), nondurable goods (n.d.), and services
(s.).
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
92
Table 2.7.—Personal Consumption Expenditures by Type
[Billions of
The figures in parentheses are the line
numbers of the corresponding items in
table 2.6.
Personal consumption expenditures.
Durable goods
Motor vehicles and parts
New autos and net purchases of used
autos (65+66).
Tires, tubes, accessories, and other
parts (68).
O ther motor vehicles (67)
1946
1947
1948
1949
1951
1950
1952
301.4
306.2
312.8
25.8
30.6
33.1
36.3
43.4
39.9
8.0
5.5
11.5
8.9
2.0
13.3
10.7
17.0
14.8
21.6
18.8
18.7
16.2
1.8
1.7
2.1
.7
.5
2.1
.5
320.0
Furniture and household equipment...
Furniture, including mattresses and
bedsprings (29).
Kitchen and other household appliances (30).
China, glassware, tableware, and
utensils, and other durable house
furnishings (31+32).
Radio and television receivers, records, and musical instruments (87)
12.6
3.7
14.3
4.1
15.0
4.2
14.7
4.2
1.6
2.6
2.7
2.5
6.2
6.5
7.o ;
6.8
Other
Ophthalmic products and orthopedic
appliances (46).
Wheel goods, durable toys, sports
equipment, boats, and pleasure
aircraft (86).
Other (18+83)
5.1
.8
1.2
1.1
!
1.1
338.1
1.3
1.3
1955
1956
1957
370.9
395.1
406.3
38.9
43.1
43.5
52.2
49.8
17.4
15.0
20.7
18.4
20.8
26.9
24.3
23.4
20.5
1.8
2.0
1.8
2.0
2.1
.6
.7
.5
.5
17.0
16.2
4.4
16.2
16.8
5.0
.5
17.0
5.0
3.1
3.2
6.7
6.5
2.1
2.3
2.6
2.6
5.5
1.0
5.7
1.0
6.3
1.0
6.7
1.0
1.4
1.5
1.9
2.1
3.2
7.3
1.7
1.1
4.8
.7
350.9
1954
364.2
4.7
1.2
342.3
1953
4.6
.8
4.9
.8
1.1
1.2
4.7
2.9
2.9
7.2
6.8
1.8
1.6
5.3
.9
1.3
5.1
.9
1.2
18.7
1.6
.7
.7
19.0
19.7
6.0
5.8
3.6
7.0
4.0
7.1
3.1
2.7
2.8
2.7
2.8
3.0
3.1
3.1
3.2
3.4
3.6
158.9
154.8
155.0
157.4
161.8
165.3
171.2
175.7
177.0
185.4
191.6
Food
Food purchased for off-premise consumption (3).
Purchased meals and beverages (4)..
Food furnished employees (including
military) and food produced and
consumed on farms (5+6).
93.9
62.2
90.3
62.7
89.0
62.3
89.9
63.1
91.4
64.4 i
93.4
64.7
96.1
66.7
99.1
69.3
100.4
71.1
104.6
74.8
108.1
77.6
25.5
6.2
22.6
5.0
22.0
4.7
22.3
4.5
22.5
4.5
23.8
4.9
24.5
5.0
25.0
4.8
24.6
4.6
25.3
4.5
26.1
4.4
Addenda: Food excluding alcoholic
beverages (8).
Alcoholic beverages (9)
80.3
76.7
76.3
77.3
78.2
80.0
82.9
85.5
87.0
90.8
93.9
13.6
13.6
12.7
12.6
13.2
13.4
13.2
13.7
13.3
13.8
14.2
Clothing and shoes
Shoes and other footwear (11)
Women's and children's clothing and
accessories (14).
Men's and boys' clothing and accessories (15).
30.9
6.9
14.5
29.4
6.3
14.1
29.7
6.1
14.5
29.8
6.3
14.4
30.7
6.6
14.4
30.3
5.9
14.6
31.8
5.9
16.0
32.1
6.0
16.4
32.0
5.8
16.4
33.6
6.3
17.2
34.5
6.2
17.7
9.5
9.0
9.0
9.2
9.7
9.8
10.0
9.7
9.7
10.1
10.5
Gasoline and oil (70)
Fuel oil and coal (40)
Other
Tobacco products (7)
Toilet articles and preparations (21) _
Semidurable house furnishings (33) _ _
Cleaning and polishing preparations,
and miscellaneous household sup(34).
pplies
e s andd ppaper
p e pproducts
o c
( )
ti
d i s (45).
Drug preparations
andd sundries
Nondurable toys and sports supplies (85).
Other (16+35+84+89+105-107)
6.4
5.2
22.6
8.2
1.8
2.7
1.8
6.8
5.5
22.8
8.5
1.7
2.3
2.2
5.5
23.6
8.8
1.7
2.4
2.3
7.8
4.8
24.9
8.8
1.7
2.8
2.4
8.1
5.2
26.5
8.9
1.9
3.1
2.7
8.8
5.2
27.6
9.2
1.9
3.0
2.7
9.5
5.0
28.7
9.6
2.1
3.1
2.7
10.1
4.9
29.6
9.5
2.2
3.0
3.0
10.4
4.9
29.3
9.1
2.3
2.9
3.0
11.3
5.3
30.6
9.2
2.5
3.1
3.3
12.0
5.3
31.8
9.5
2.8
3.2
3.5
1.8
1.5
1.7
1.6
1.8
1.7
1.9
1.8
2.4
2.5
2.4
2.4
2.4
2.6
2.7
2.9
2.8
Nondurable goods.
Services
Housing
Owner-occupied nonfarm dwellings—space rent (24).
Tenant occupied nonfarm dwellings
(including lodging houses)—space
rent (25).
Rental value of farm dwellings (26) _ _
Other (27)
Household operation
Electricity (37)
Gas (38)
Water and other sanitary services
Telephone and telegraph (41).
Domestic service (42)
Other (43)
Transportation
User-operated transportation (69+
71+72).
Purchased local transportation
Transit systems (74)
Other (75+76)
Purchased intercity transportation..
Railway (excluding commutation)
(78).
Bus (79)
Airline (80)
Other (81)
See footnote at end of table.
2.1 |
2.2
151
7.1
7.1
7.2
150.4
157.5
164.9
47.9
28.3
50.3
30.2
52.8
32.2
14.0 ;
14.3
14.6
14.9
3.8
1.3
3.9
1.4
4.0
1.4
4.0
1.5
4.1
1.6
19.0 !
3.1 i
2.3
1.8
2.8
6.5
2.6
19.3
3.4
2.4
1.8
19.9
3.7 !
2.5
1.9
20.4
4.1
2.8
1.9
22.5
4.4
3.1
1.9
24.0
4.7
3.4
2.0
3.0
6.0
2.6
3.2
5.9
2.7
3.4
5.5
2.7
3.8
6.6
2.8
4.1
6.9
3.0
15.3
8.0
15.2
8.0
15.4
8.5
15.0
8.6
15.3
9.1
16.0
5.6
4.2
1.4
1.7
5.4
4.0
1.4
1.8
.7
5.1
3.7
1.4
1.8
4.7
3.3
1.4
1.7
4.4
3.1
1.8
1.8
4.3
2.9
1.4
1.9
4.8
4.9
5.5
5.5
|
6.4
116.7
120.8
124.6 :
126.4
132.8
137.1 |
140.8
29.3
14.8
31.9
16.5
33.6
17.8
35.7
19.2
38.1
21.0
43.4
24.8
10.4
10.9
11.2
11.8
12.3
40.8 !
22.9 I
13.0
13.5
3.1
1.0
14.9
1.8
1.4
1.5
3.2
1.2
3.3
1.3
16.4
2.2
1.7
1.6 .
3.6
1.2 |
18.2;
2.8 ,
2.0
1.7 i
3.7
1.3
15.8
2.0
1.6
1.6
3.5
1.2
16.8
2.5
1.7
1.7
2.0
5.8
2.4
2.1
6.2
2.4
2.3
6.1
2.4
2.4
6.1
2.4
2.6 j
6.6 I
2.5 !
16.3
5.6
16.2
6.2
16.1
6.5
15.3
6.9
8.6
6.6
2.0
2.2
1.1
8.1
6.3
1.9
1.9
.8
5.0
i
7.7
5.9 '
1.8
1.8
.8
.2 ;
.1 •
15.0
7.3 I
6.8
5.3
1.5
1.6
.7
6.1 I
4.7
1.4
1.5
.6
i
2.5 !
.7
.4
.1
7.0 !
145.5
45.7
26.5
93
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
of Product in Constant Dollars: Annually, 1946-74
1972 dollars]
1959
1958
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973*
1974*
Line
419.0
441.5
453.0
462.2
482.9
501.4
528.7
558.1
586.1
603.2
633.4
655.4
668.9
691.9
733.0
766.3
759.8
1
46.4
51.8
52.5
50.3
55.7
60.7
65.7
73.4
79.0
79.7
88.2
91.9
88.9
98.1
111.2
120.9
112.5
2
20.7
17.6
24.4
20.9
25.5
21.7
23.0
19.1
26.7
22.3
29.7
24.9
31.1
26.0
35.6
30.2
36.0
30.1
34.9
28.9
40.2
33.3
41.4
33.7
37.1
29.7
44.0
35.2
50.6
53.7
41.5
44.4
33.3
3
4
2.6
2.9
3.1
3.4
3.7
3.8
4.0
4.0
4.1
4.2
4.4
4.7
4.8
5.2
5.7
6.6
6.7
5
.5
.6
.6
.5
.8
1.0
1.1
1.4
1.7
1.8
2.5
2.9
2.6
3.7
5.5
5.6
4.4
6
18.8
5.7
20.0
6.1
19.7
6.1
20.0
6.0
21.2
6.4
22.7
6.9
25.5
7.7
27.8
8.1
31.2
8.6
32.6
8.5
34.9
8.8
36.7
8.8
37.7
8.6
39.9
8.9
44.8
9.9
49.9
10.8
50.5
10.7
7
8
4.0
4.2
4.2
4.2
4.4
4.6
5.1
5.2
5.8
6.0
6.5
6.9
7.1
7.4
8.5
9.5
9.5
9
6.7
7.1
6.9
7.0
7.4
7.9
8.9
9.7
10.7
11.1
12.0
12.7
13.0
14.0
15.5
17.3
17.4
10
2.4
2.6
2.5
2.7
3.0
3.3
3.9
4.8
6.2
7.0
7.6
8.2
8.9
9.5
11.0
12.3
13.0
11
6.9
1.0
7.4
1.2
7.3
1.1
7.3
1.1
7.8
1.3
8.3
1.4
9.1
1.5
10.0
1.6
11.8
1.7
12.2
1.5
13.1
1.6
13.8
1.5
14.1
1.4
14.2
1.3
15.9
1.3
17.3
1.4
17.6
1.4
12
13
2.3
2.5
2.4
2.3
2.4
2.6
2.9
3.3
4.1
4.6
5.1
5.7
5.8
6.0
7.3
7.9
8.0
14
4.7
5.1
6.0
6.1
6.4
6.6
6.9
7.0
7.2
7.9
8.1
15
233.3
244.0
255.5
259.5
270.2
276.4
282.7
287.5
299.3
309.6
303.0
16
134.6
98.0
136.7
100.7
142.0
104.7
144.0
106.7
147.3
109.7
147.5
110.7
150.4
112.1
150.5
109.9
147.1
106.4
17
18
39.4
3.6
3.8
3.8
3.8
4.1
4.3
196.8
205.0
208.2
211.9
218.5
223.0
110.2
80.2
114.4
83.9
115.6
84.6
117.4
85.6
119.2
86.3
120.7
87.0
125.4
90.6
130.9
95.0
26.0
4.0
26.7
3.7
27.4
3.6
28.3
3.5
29.5
3.4
30.5
3.3
31.6
3.2
32.6
3.2
33.1
3.4
32.6
3.5
34.0
3.3
34.1
3.2
34.5
3.1
33.9
2.9
35.5
2.8
37.8
2.8
37.9
2.9
19
20
96.0
99.7
100.9
102.5
103.5
104.6
108.8
113.7
116.6
118.6
123.4
125.3
128.3
128.5
130.6
129.2
125.6
21
14.3
14.7
14.7
14.9
19.0
19.8
21.3
21.5
22
34.6
6.4
18.1
36.3
6.6
19.1
36.6
6.6
19.4
37.3
6.6
19.9
38.9
6.8
21.0
39.6
6.8
21.5
42.6
7.3
23.2
44.2
7.4
24.1
46.9
7.7
25.5
46.9
7.7
25.2
48.6
8.2
26.0
49.6
8.6
26.4
49.2
8.2
26.6
51.6
8.4
28.2
55.1
8.9
29.9
59.3
9.6
32.2
59.0
9.2
32.6
23
24
25
10.0
10.7
10.7
10.8
11.2
11.3
12.1
12.7
13.7
14.1
14.4
14.6
14.4
15.0
16.3
17.5
17.2
26
13.0
5.4
33.5
10.2
3.1
3.1
3.8
13.7
5.2
35.5
10.7
3.1
3.2
4.2
14.2
5.0
36.8
10.9
3.5
3.3
4.5
14.3
4.7
38.3
11.2
3.9
3.4
5.0
14.9
4.7
40.8
11.2
4.2
3.7
5.5
15.3
4.9
42.5
11.4
4.5
3.9
5.9
16.0
5.2
44.1
11.3
4.8
4.2
6.4
16.8
5.5
46.7
11.6
5.3
4.5
6.9
17.8
5.6
50.5
11.7
5.9
4.9
7.5
18.4
5.6
51.8
11.8
6.3
5.0
7.7
19.6
5.7
54.3
11.7
6.7
5.4
8.3
21.0
5.7
56.1
11.4
7.0
5.7
8.9
22.5
5.8
58.0
11.7
7.4
5.9
9.1
23.7
5.6
59.1
11.8
7.5
6.4
9.2
24.9
6.3
62.6
12.2
7.9
7.0
9.9
25.9
6.7
67.3
12.8
8.3
7.7
10.7
24.6
5.2
67.0
12.9
8.1
7.3
9.9
27
28
29
30
31
32
33
3.3
2.9
3.5
3.2
3.9
3.3
4.3
3.5
4.7
3.7
4.9
3.9
5.1
4.2
5.3
4.5
5.5
5.1
5.8
5.2
6.3
5.4
6.8
5.6
7.2
5.8
7.3
5.9
7.8
6.5
8.3
7.2
8.8
7.5
34
35
10.7
10.8
10.9
11.4
12.2
12.5
36
322.4
335.8
344.4
37
15.7
16.1
16.6
17.2
18.0
18.1
18.6
18.7
19.1
7.2
7.4
7.5
7.0
7.8
8.0
8.1
8.7
9.9
9.9
10.4
175.8
184.7
192.3
200.0
208.7
217.6
229.7
240.7
251.6
264.0
275.0
287.2
297.3
306.3
58.0
36.0
60.9
38.3
64.0
40.6
67.0
42.7
70.7
45.3
74.0
47.4
77.4
49.7
81.6
52.5
85.3
55.0
89.1
57.6
93.6
60.8
98.2
63.8
102.1
66.3
106.4
69.8
112.3
74,0
117.6
77.9
122.8
82.2
38
39
16.1
16.8
17.5
18.4
19.3
20.3
21.3
22.5
23.5
24.5
25.8
27.1
28.4
29.6
31.0
32.3
33.2
40
4.1
1.6
4.1
1.7
4.1
1.8
4.1
1.9
4.0
2.1
4.0
2.3
3.9
2.5
3.9
2.7
3.8
2.9
3.8
3.2
3.8
3.3
3.7
3.5
3.7
3.7
3.6
3.4
3.5
3.8
3.3
4.0
3.2
4.1
42
25.4
5.4
3.7
1.9
26.4
5.7
3.9
2.0
27.6
6.0
4.1
2.2
28.4
6.3
4.3
2.3
29.8
6.7
4.7
2.5
30.9
7.1
4.9
2.7
32.4
7.5
5.1
2.8
33.9
7.9
5.3
2.9
35.7
8.5
5.4
3.0
38.1
8.9
5.7
3.0
39.4
9.6
5.9
3.1
41.4
10.3
6.2
3.2
42.9
11.0
6.3
3.4
43.7
11.5
6.4
3.4
45.9
12.3
6.5
3.6
48.2
13.2
6.4
3.8
48.4
13.3
6.4
3.9
43
44
45
46
4.5
6.9
3.1
4.7
6.7
3.3
5.0
6.8
3.4
5.4
6.6
3.5
5.7
6.5
3.7
6.1
6.4
3.7
6.6
6.3
4.0
7.3
6.1
4.3
8.1
5.9
4.8
8.7
6.4
5.2
9.5
6.1
5.2
10.4
5.8
5.5
11.1
5.5
5.5
11.6
5.4
5.3
12.4
5.4
5.6
13.8
5.0
5.9
14.6
4.3
5.9
47
48
49
15.8
10.1
16.3
10.6
16.8
11.1
16.9
11.4
17.5
12.0
18.1
12.6
19.0
13.3
19.7
13.8
20.8
14.6
21.9
15.5
22.9
16.4
23.6
17.0
23.9
17.7
24.5
18.4
26.0
19.9
27.5
21.1
28.5
21.7
50
51
3.9
2.5
1.4
1.7
.4
3.9
2.5
1.3
1.8
.4
3.9
2.5
1.3
1.8
.4
3.6
2.4
1.2
1.8
.4
3.6
2.4
1.2
2.0
.3
3.5
2.3
1.2
2.1
.3
3.4
2.3
1.1
2.3
.4
3.3
2.2
1.1
2.5
.4
3.3
2.2
1.1
2.8
.4
3.2
2.1
1.1
3.2
.3
3.1
2.0
1.1
3.4
.3
3.1
2.0
1.1
3.5
.2
2.8
1.8
1.1
3.3
.2
2.7
1.7
1.1
3.3
.2
2.6
1.6
1.0
3.5
.2
2.6
1.6
1.0
3.8
.2
2.7
1.7
1.0
4.1
.2
52
53
54
55
56
.5
.7
.1
.5
.9
.1
.5
.9
.1
.5
1.0
.1
.5
1.1
.1
.4
1.2
.1
.5
1.4
.1
.6
1.6
.1
.6
1.7
.1
2.1
.1
.6
2.3
.2
.6
2.5
.2
.6
2.4
.2
.6
2.4
.2
.5
2.6
.2
.5
2.9
.2
.5
3.1
.2
57
58
59
41
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
94
Table 2.7.—Personal Consumption Expenditures by Type
[Billions of
Line
The figures in parentheses are the
line numbers of the corresponding items in table 2.6.
Other
Shoe cleaning and repair (12)
Cleaning, laundering, dyeing, pressing, alteration, storage, and repair
of garments (17).
Barbershops, beauty parlors, and
baths (22).
Medical care services.
Physicians (47)
Dentists (48)
Other (49+50+51)
Services furnished without payment
by financial intermediaries except
life insurance carriers (58).
Admissions to specified spectator
amusements (90).
Other (55-58+60+61+62+88+94+
95+96+97+98+102+104-106).
1947
1946
56.1
.5
4.9
56.9
.4
5.0
1950
1949
1948
58.6
.4
5.0
58.6
.4
4.9
1951
61.5
.3
4.8
1952
61.9
.3
4.7
1953
62.9
.3
4.8
64.4
.3
4.8
1954
1955
67.1
.3
4.8
1957
1956
69.4
.3
4.8
72.1
.3
4.9
73.9
.3
2.4
2.3
2.3
2.3
2.4
2.3
2.4
2.5
2.7
2.8
3.0
3.2
13.0
5.1
2.0
5.9
4.7
14.2
5.7
1.9
6.6
5.0
15.5
6.3
2.1
7.1
5.1
16.0
6.3
2.0
7.6
5.0
17.0
6.6
2.1
8.3
5.1
17.8
6.7
2.1
8.9
5.3
18.4
6.7
2.3
9.3
5.4
19.2
6.9
2.4
9.9
5.7
20.2
7.3
2.7
10.3
6.0
20.7
7.2
2.8
10.8
6.3
21.9
7.5
2.9
11.5
6.3
23.0
7.8
3.1
12.2
6.4
6.7
6.2
5.8
5.6
5.3
5.0
4.8
4.4
4.4
4.5
4.6
3.8
24.0
23.7
24.4
24.5
26.5
26.5
26.9
27.4
28.7
30.0
31.0
32.4
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT BUSINESS.
3. Government Receipts and Expenditures
Table 3.1.—Government Receipts
[Millions of
Line
Receipts.
1948
1949
1953
1951
1950
1954
1955
1956
1957
51,002
56,920
58,937
55,941
68,996
85,235
90,105
94,619
89,874
101,101
109,650
116,173
Personal tax and nontax receiptsCorporate profits tax accruals
18,673
9,104
21,392
11,268
21,026
12,421
18,506
10,203
20,591
17,925
28,921
22,559
34,033
19,399
35,469
20,287
32,504
17,624
35,383
22,041
39,651
21,993
42,379
21,423
Indirect business tax and nontax accruals.
Contributions for social insurance
17,124
6,101
18,443
5,817
20,124
5,366
21,337
5,895
23,422
7,058
25,280
8,475
27,703
8,970
29,730
9,133
29,636
10,110
32,225
11,452
35,070
12,936
37,491
14,880
45,588
42,521
50,489
59,304
60,993
79,169
93,887
101,552
97,020
97,958
104,458
115,250
Purchases of goods and services.
27,548
25,453
31,964
38,392
38,493
60,099
75,582
82,524
75,760
75,006
79,392
87,086
Compensation of employeesOther
20,793
6,755
16,715
8,738
17,431
14,533
19,441
18,951
20,879
17,614
27,396
32,703
31,161
44,421
31,942
50,582
32,478
43,282
34,195
40,811
36,596
42,796
39,125
47,961
Expenditures
10
1947
1946
13,097
13,093
14,455
16,828
17,967
14,750
14,191
14,878
16,880
18,278
19,178
21,856
To persons
To foreigners..
10,848
2,249
11,150
1,943
10,627
11,722
5,106
14,404
3,563
11,644
3,106
12,103
2,088
12,900
1,978
15,104
1,776
16,236
2,042
17,310
1,868
20,081
1,775
Net interest paid
4,092
4,338
4,419
4,466
4,470
4,561
4,704
4,692
5,154
5,616
—254
114
-102
—324
—487
-324
—18
734
692
Transfer payments.
Subsidies less current surplus of government enterprises.
851
4,184
-209
3,828
4,218
—148
Subsidies
Less: Current surplus of government
enterprises.
Less: Wage accruals less disbursements...
Surplus or deficit (-), national
income and product accounts.
Social insurance funds.
Other funds
0
0
0
0
0
44
32
-76
0
0
0
5,414
14,399
8,448
-3,363
8,003
6,066
1,782
-6,933
—7,146
3,143
5,192
3,851
1,563
3,936
10,463
3,378
5,070
2,665
-6,028
1,068
6,935
4,097
1,969
4,285
-8,067
3,615
—10,548
2,774
—9,920
3,355
—212
3,905
1,287
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY or
CURRENT BUSINESS.
3,637
—2,714
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
95
of Product in Constant Dollars: Annually, 1946-74—Continued
1972 dollars]
1959
1958
76.6
.3
4.7
81.0
.3
4.8
1962
1961
1960
83.9
.3
4.7
87.7
.3
4.7
1964
1963
90.7
.3
4.7
94.6
.3
4.7
1965
101.0
.3
4.9
1966
105.6
.3
5.1
1968
1967
109.9
.3
5.2
114.9
.3
5.2
1969
119.0
.3
5.2
1970
123.9
.3
5.1
1971
128.4
.3
4.9
131.8
.3
4.6
1972
138.3
.2
4.7
1973*
142.6
.2
4.7
1974*
Line
144.7
.2
4.4
60
61
62
3.2
3.4
3.5
3.7
4.0
4.0
4.1
4.2
4.5
4.6
4.2
4.2
4.2
3.9
3.9
3.7
3.5
63
24.3
8.4
3.2
12.7
6.5
25.7
8.8
3.2
13.6
7.1
26.7
9.0
3.2
14.5
7.5
27.6
9.1
3.3
15.2
7.7
29.5
9.8
3.5
16.2
7.9
31.3
10.2
3.4
17.7
8.3
34.8
11.9
3.9
19.0
8.8
36.1
12.1
4.0
20.0
9.1
37.4
12.1
4.1
21.2
9.5
38.1
12.5
4.3
21.3
10.0
39.8
12.7
4.4
22.7
10.6
43.4
13.6
4.8
25.0
11.4
46.4
14.3
5.2
27.0
12.2
48.7
14.6
5.1
28.9
12.6
52.1
15.5
5.4
31.2
13.4
55.3
16.5
6.1
32.8
13.7
57.5
17.2
6.1
34.2
14.3
64
65
66
67
68
3.4
3.3
3.3
3.2
3.2
3.1
3.1
3.2
3.3
3.2
3.3
3.4
3.4
3.5
3.5
3.5
3.6
69
34.2
36.4
37.8
40.4
41.2
42.8
45.0
47.6
49.9
53.6
55.5
56.1
57.1
58.3
60.5
61.3
61.2
70
and Expenditures: Annually, 1946-74
dollars]
1959
1960
1961
1962
1963
1964
114,973
129,424
139,497
144,818
156,699
168,502
174,018
188,349
212,279
228,182
263,392
296,316
302,552
322,244
42,136
18,964
45,980
23,646
50,354
22,696
52,0r6
22,781
56,835
23,972
60,320
26,231
58,618
27,985
64,874
30,876
74,477
33,658
82,078
32,480
97,082
39,408
115,400
39,651
115,336
34,477
116,281
37,710
38,665
15,208
41, 792
18,006
45,389
21,058
48,035
21,936
51,557
24,335
54,638
27,313
58,752
28,663
62,575
30,024
70,239
43,385
78,849
48,053
86,370
54,895
94,027
58,712
127,598
131,005
136,402
149,072
160,483
167,785
176,289
187,823
65,320
38,824
213,566
242,419
268,885
285,648
95,040
97,586
100,259
108,156
118,034
123,661
129,810
138,350
158,666
180,188
198,727
207,877
42,123
52,917
43,995
53,591
47,146
53,113
50,528
57,628
54,307
63,727
58,021
65,640
62,876
66,934
67,592
70,758
76,546
82,120
85,142
95,046
95,179
103,548
26,139
27,058
28,852
32,872
33,787
35,612
36,942
39,779
43,904
51,704
24,341
1,798
25,209
1,849
26,966
1,886
30,782
2,090
31,626
2,161
33,433
2,179
34,775
2,167
37,602
2,177
41,627
2,277
49,458
2,246
5,336
6,291
6,869
6,361
6,904
7,392
7,879
8,084
8,500
1,083
70
422
1,683
1,758
1,120
1,658
1,610
2,496
1,107
1,037
1,239
817
2,137
454
2,399
641
2,322
1,202
2,810
1,152
3,088
1,478
4,032
1,536
1958
1965
1966
1968
1973*
1974*
367,373
411,123
453,936
1
141,237
41,535
151,205
48,234
171,167
52,617
2
3
103,409
64,844
111,007
73,594
120,201
91,483
127,263
102,889
4
5
311,919
340,520
370,889
405,138
457,498
6
218,863
233,734
253,105
269,946
301,085
7
103,740
104,137
114,687
104,176
125,249
108,485
137,372
115,733
149,122
120,824
161,123
139,962
8
9
58,657
64,729
78,096
92,454
102,122
116,114
137,736
10
56,542
2,115
62,674
2,055
75,898
2,198
89,869
2,585
99,377
2,745
113,483
2,631
134,530
3,206
11
12
8,908
10,169
11,225
12,244
12,154
12,407
15,354
17,450
13
1,619
1,332
1,817
2,716
2,387
3,588
3,712
697
14
3,896
2,277
4,286
2,954
4,610
2,793
4,864
2,148
4,820
2,433
6,836
3,248
5,472
1,760
3,563
2,866
15
16
1967
1969
1970
1971
1972
Line
0
0
0
0
0
0
0
0
0
0
0
0
0
209
333
—12
—530
17
—12,625
—1,581
3,095
—4,254
—3,784
717
-2,271
526
—1,287
—14,237
—5,493
10,668
—9,367
—18,276
—3,516
5,985
—3,562
18
59
—12,684
2,230
—3,811
3,845
-750
1,375
—5,629
3,302
—7,086
5,032
—4,315
5,966
—8,237
13,935
10,928
10,698
17,926
8,018
15,540
—3,267 —20,295 —26,294 —14,214 —11,941 —19,102
19
20
5,455
11,453
10,676
10,910
—4,929 —12,740 —25,147 —16,169
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
96
Table 3.2.—Federal Government Receipts and Expenditures: Annually,
[Millions of
1946
Line
1
2
V 3
4
5
6
7
~ v8
1947
1948
1949
1950
1952
1951
1953
1954
1955
1956
1957
39,105
43,220
43,218
38,706
50,035
64,277
67,317
70,032
63,738
72,559
77,985
81,906
Personal tax and nontax receipts 1 .
17,166
19,643
18,973
16,137
18,090
26,131
31,031
32,247
28,998
31,437
35,170
37,411
Income taxes
Withheld
Declarations and settlements.
Less: Refunds
16,343
9,251
8,735
1,643
18,784
11,119
9,327
1,662
18,054
15,362
9,186
1,771
7,828
2,354
17,415
11,724
7,384
1,693
25,354
16,772
10,362
1,780
30,141
20,492
11,772
2,123
31,273
22,699
11,179
2,605
28,027
20,437
10,477
2,887
30,419
22,735
10,770
3,086
33,847
25,404
11,680
3,237
35,936
27,301
12,135
3,500
725
97
819
40
885
34
740
35
643
32
731
46
837
53
910
64
908
63
968
50
1,268
55
1,430
45
8,642
10,664
11,750
9,598
17,155
21,676
18,573
19,478
16,851
21,073
20,949
20,404
0
8,642
7,791
75
10,589
167
11,583
193
9,405
197
16,958
255
21,421
292
18,281
343
19,135
276
16,575
252
20,821
402
20,547
7,791
7,970
8,020
8,860
9,352
10,296
10,895
9,733
10,674
11,245
543
19,861
11,793
7,202
2,648
1,210
3,344
7,246
2,292
1,261
7,436
2,139
1,"
7,505
2,161
1,317
4,027
8,200
2,380
1,345
4,475
8,625
2,420
1,445
4,760
9,572
2,692
1,659
5,221
10,152
2,763
1,612
5,777
8,981
2,646
1,540
4,795
9,792
2,752
1,593
5,447
10,267
2,990
1,632
5,645
10,754
2,844
1,699
6,211
100
418
127
142
365
150
534
126
575
152
564
160
570
173
544
208
657
225
721
257
768
271
5,506
5,122
4,525
4,951
5,930
7,118
7,417
7,412
8,156
9,375
10,621
12,298
35,582
29,836
34,902
41,344
40,827
57,769
71,052
77,108
69,772
68,142
71,918
79,624
Receipts
Estate and gift taxes..
Nontaxes
Corporate profits tax accruals..
Federal Reserve banks.
O ther corporations
Indirect business tax and nontax accruals
Excise taxes..
Liquor
Tobacco...
Other
Customs duties..
Nontaxes
Contributions for social insuranceExpenditures
17,617
12,698
16,700
20,410
18,724
38,322
52,365
57,530
47,933
44,455
45,902
49,964
National defense
Compensation of employeesMilitary
Civilian
Other
14,789
9,048
10,668
13,187
13,995
33,487
45,838
15,746
10,755
4,991
30,092
48,594
15,616
10,583
5,033
32,978
41,112
14,921
10,223
26,191
38,446
15,242
10,170
5,072
23,204
40,156
15,570
10,098
5,472
24,586
44,017
15,904
10,244
5,660
28,113
Nondefense
Compensation of employeesOther
2,828
3,650
7,223
4,729
4,835
6,527
3,163
3,364
2,992
5,944
6,821
2,859
3,962
6,009
3,115
2,894
5,746
3,405
2,341
5,947
3,663
2,284
Purchases of goods and services
6,032 !
11,374
10,773
11,460
13,846
14,392
11,631 |
10,849
11,426
13,288
14,463
15,241
17,509
9,125
2,249
8,830
1,943
7,632
8,740
5,106
10,829
3,563
8,525
3,106 !
8,761
2,088
9,448
1,978
11,512
1,776
12,421
2,042
15,734
1,775
Grants-in-aid to State and local governments.
1,108
1,738
1,986
2,228
2,343
2,487 '
2,646
2,834
2,913
3,120
13,373
1,868
3,331
Net interest paid
3,912
4,076
4,131
4,264
4,351
4,447
4,457
4,554
4,644
4,598
5,071
5,538
15
16
17
25
31
47
64
59
94
154
201
1,571
551
625 I
1,017
926
767
994
1,506
2,373
2,404
Transfer payments..
To persons....
To foreigners..
Interest paid
To persons and business.
To foreigners
4,209
Less: Interest received by government.
Subsidies less current surplus of government enterprises.
Subsidies
Less: Current surplus of government
enterprises.
Less: Wage accruals less disbursements..
0
0
0
0
0
44
32
-76
0
0
0
0
Surplus or deficit (—), national income and product accounts.
3,523
13,384
8,316
-2,638
9,208
6,508
-3,735
-7,076
-6,034
4,417
6,067
2,282
3,509
14
3,538
9,846
2,866
5,450
2,072
-4,710
353
8,855
3,232
3,276
3,283
-7,018
2,526
-9,602
1,506
-7,540
2,008
2,409
2,414
3,653
1,978
304
Social insurance funds.
Other funds
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY
OF CURRENT BUSINESS.
I
1. Includes automobile use tax of $1 million in 1946.
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
97
1946-74, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-74
dollars]
1962
1961
1960
1964
1966
1967
1968
1969
1970
1971
1972
1973*
1974*
141,843
150,4%
174,739
196,984
192,058
198,648
227,471
257,879
288,400
1
61,696
67,475
79,648
94,821
92,219
89,883
108,188. 114,740
131,407
2
51,080
39,130
17,037
5,087
58,602
46,244
18,515
6,157
64,351
53,518
19,088
8,255
76,478
63,913
22,308
9,743
91,197
74,569
27,462
10,834
88,449
76,143
26,051
13,745
85,230
75,917
24,351
15,038
102,692
91,648
25,836
14,792
109,520
104,842
27,391
22,713
126,495
119,304
31,752
24,561
3
4
5
6
2,567
58
2,815
52
3,046
48
3,065
59
3,128
42
3,563
61
3,682
88
4,588
65
5,361
135
5,092
128
4,795
117
7
8
24,578
26,141
28,899
31,428
30,026
36,278
36,212
30,813
33,510
36,560
42,520
45,898
9
880
23,698
1,582
24,559
1,297
27,602
1,649
29,779
1,907
28,119
2,464
33,814
3,019
33,193
3,494
27,319
3,357
30,153
3,231
33,329
4,341
38,179
5,550
40,348
10
11
1963
1965
1958
1959
78,662
89,826
96,141
98,058
106,187
114,415
114,913
124,337
36,786
39,914
43,644
44,704
48,635
51,483
48,626
53,947
35,410
27,834
11,473
3,897
38,466
30,671
11,961
4,166
41,844
32,817
13,415
4,388
42,709
34,411
13,175
4,877
46,531
37,140
14,604
5,213
49,185
40,421
14,469
5,705
46,001
36,663
15,440
6,102
1,329
47
1,404
44
1,759
41
1,950
45
2,054
50
2,241
57
17,960
22,484
21,447
21,491
22,470
524
17,436
911
21,573
897
20,550
687
20,804
799
21,671
Line
11,498
12,508
13,429
13,602
14,606
15,258
16,173
16,479
15,598
16,265
18,001
18,985
19,298
20,351
19,969
21,214
21,676
12
10,397
2,905
1,812
5,680
11,185
3,046
1,850
6,289
12,035
3,108
1,942
6,985
12,169
3,219
2,020
6,930
12,972
3,335
2,043
7,594
13,509
3,397
2,103
8,009
14,158
3,634
2,066
8,458
13,870
3,679
2,087
8,104
12,642
3,852
2,072
6,718
13,328
4,102
2,115
7,111
14,701
4,307
2,135
8,259
15,539
4,570
2,092
8,877
15,694
4,662
2,178
8,854
15,988
4,856
2,156
8,976
15,609
4,993
2,233
8,383
16,671
5,099
2,400
9,172
16,578
5,294
2,360
8,924
13
14
15
16
825
276
1,049
274
1,066
328
1,030
403
1,202
432
1,227
522
1,318
697
1,613
996
1,869
1,087
1,909
1,028
2,258
1,042
2,370
1,076
2,484
1,120
3,112
1,251
2,997
1,363
3,271
1,272
3,658
1,440
17
18
12,418
14,920
17,621
18,261
20,476
23,096
23,973
25,012
33,121
36,730
40,812
46,966
49,728
54,904
62,754
79,405
89,419
19
88,933
90,964
93,106
101,944
110,434
114,159
118,182
123,807
143,632
163,676
180,563
188,443
204,194
220,607
244,734
264,792
300,079
20
53,904
53,890
53,711
57,370
63,738
64,631
65,218
67,268
78,833
90,924
98,019
97,461
95,642
96,220
102,126
101,981
111,692
21
45,565
16,296
10,368
5,928
29,269
45,597
16,521
10,402
6,119
29,076
44,451
16,839
10,477
6,362
27,612
46,995
17,343
10,635
6,708
29,652
51,052
18,386
11,322
7,064
32,666
50,296
18,901
11,594
7,307
31,395
49,048
20,176
12,511
7,665
28,872
49,443
21,045
13,034
8,011
28,398
60,330
24,584
15,656
8,928
35,746
71,462
27,205
17,419
9,786
44,257
76,868
29,933
19,252
10,681
46,935
76,272
31,816
20,454
11,362
44,456
73,537
33,160
21,121
12,039
40,377
70,230
33,796
21,089
12,707
36,434
73,513
35,664
22,299
13,365
37,849
73,370
36,273
22,541
13,732
37,097
77,380
37,470
22,759
14,711
39,910
22
23
24
25
26
8,339
4,249
4,090
8,293
4,341
3,952
9,260
4,837
4,423
10,375
5,251
5,124
12,686
5,678
7,008
14,335
6,263
8,072
16,170
6,827
9,343
17,825
7,253
10,572
18,503
7,847
10,656
19,462
8,407
11,055
21,151
9,340
11,811
21,189
9,985
11,204
22,105
11,563
10,542
25,990
12,967
13,023
28,613
14,396
14,217
28,611
15,658
12,953
34,312
17,220
17,092
27
28
29
21,348
21,966
23,448
27,070
27,748
29,204
30,042
32,462
35,757
42,326
48,072
52,618
63,533
75,249
83,206
95,817
117,717
30
19,550
1,798
20,117
1,849
21,562
1,886
24,980
2,090
25,587
2,161
27,025
2,179
27,875
2,167
30,285
2,177
33,480
2,277
40,080
2,246
45,957
2,115
50,563
2,055
61,335
2,198
72,664
2,585
80,461
2,745
93,186
2,631
114,511
3,206
31
32
5,641
6,848
6,526
7,245
7,979
9,141
10,433
11,121
14,384
15,912
18,587
20,346
24,447
29,011
37,528
40,574
43,870
33
5,208
6,165
6,806
6,248
6,758
7,309
7,983
8,380
9,160
9,840
11,390
12,853
14,256
13,974
14,552
18,206
21,035
34
8,088
7,756
7,616
7,338
8,306
7,967
8,903
8,502
9,561
9,108
10,046
9,557
11,053
10,504
11,998
11,400
13,849
13,147
14,934
14,157
16,638
15,614
1,024
16,561
14,717
1,844
17,256
14,572
2,684
21,125
17,289
3,836
24,066
19,804
4,262
35
36
37
139
2,832
332
278
339
401
453
489
549
598
702
777
1,282
1,368
1,548
1,594
1,578
1,666
1,893
2,158
2,459
2,081
2,382
2,587
2,704
2,919
3,031
38
2,095
2,615
4,011
4,211
3,874
4,506
4,576
5,498
4,674
4,495
5,165
6,316
6,192
7,805
8,222
5,235
39
1,107
-988
1,239
-1,376
2,137
—1,874
2,399
—1,812
2,310
-1,564
2,800
-1,706
3,070
-1,506
4,008
-1,490
3,870
-804
4,259
-236
4,585
-580
4,840
-1,476
4,786
-1,406
6,783
-1,022
5,391
-2,831
3,449
-1,786
40
41
281
0
0
0
0
0
0
0
0
0
0
0
0
0
39
483
8
-530
42
-10,271
-1,138
3,035
-3,886
-4,247
256
-3,269
530
-1,789
-13,180
-5,824
8,541
-12,136
-21,959
-17,263
-6,913
-11,679
43
-1,697
-8,574
209
-1,347
1,551
1,484
-1,074
-2,812
719
-4,966
2,219
-1,963
2,775
-6,044
2,021
-1,491
7,475
6,115
-9,264 -19,295
5,332
-11,156
8,079
462
4,174
-16,310
527
-22,486
2,565
-19,828
9,082
-15,995
5,769
-17.448
44
45
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
98
Table 3.2.—Federal Government Receipts and Expenditures: Annually,
[Billions of
1946
!
1947
1948
1949
Line
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
37.4
34.9
38.2
41.1
42.1
43.5
42.8
42.1
44.5
44.6
43.4
42.5
42.3
40.6
38.6
38.3
2
Personal tax and nontax receipts
16.0
17.3
17.8
17.7
19.1
19.3
19.6
20.6
21.0
18.9
18.0
18.1
17.2
16.4
15.7
15.2
3
4
5
6
Income taxes
. . .
Withheld
Declarations and settlements
Less: Refunds
-
15.1
16.3
17.0
16.9
18.2
18.5
18.7
19.8
20.1
17.8
17.1
17.3
16.5
15.6
14.9
14.4
7
8
Estate and gift taxes . .
Nontaxes
.7
.1
.8
.1
.7
.1
.7
.0
.9
.0
.7
.0
.9
.0
'.0
.9
.0
1.0
.0
.9
.0
.8
.0
.7
.0
.7
.0
.8
.0
.7
.0
5.8
7.6
10.0
11.2
10.9
10.3
10.2
11.1
11.5
12.1
11.9
11.5
10.4
9.2
9.5
9.4
7.5
7.7
8.0
8.0
7.9
7.7
7.5
8.0
7.7
8.0
8.1
8.1
7.9
8.1
8.2
7.9
1
9
10
11
12
13
14
15
16
17
18
19
20
Receipts
Corporate profits tax accruals. .
Federal Reserve banks
Other corporations
Indirect business tax and nontax accrualsLiquor
Tobacco
Other
Customs duties
Nontaxes
. . .Contributions for social insurance
Expenditures
21
Purchases of goods and services
22
23
24
25
26
National defense
Compensation of employees
Military
Civilian
Other
27
28
29
Nondefense
Compensation of employees
Other
30
31
32
33
34
_
Transfer payments
To persons
To foreigners
Grants-in-aid to State and local governments
Net interest paid
35
36
37
Interest paid.
To persons and business
To foreigners
38
Less* Interest received by government
39
Subsidies less current suplus of government enterprises.
40
41
Subsidies
Less: Current surplus of government
enterprises.
42
Less: Wage accruals less disbursements..
43
44
45
Surplus or deficit ( - ) , national income and product accounts.
Social insurance funds
Other funds
5.7
5.6
5.4
5.3
5.5
5.5
4.8
4.7
4.5
4.4
4.5
4.6
5.0
5.0
4.9
4.9
42.7
35.5
32.1
32.0
28.7
29.2
32.2
29.3
31.0
33.0
36.7
39.0
40.0
41.7
42.4
41.4
22.6
16.8
15.3
15.8
12.6
13.1
12.6
12.6
13.7
15.9
17.6
19.7
19.8
20.7
20.7
20.5
20.4
14.4
12.0
12.3
9.4
8.9
8.6
9.3
9.8
10.3
10.6
12.0
12.7
13.4
13.6
13.1
i
2.2
2.3
3.3
3.5
13.0
11.8
10.7
10.0
10.2
2.7
9.4
2.4
8.8
2.0
8.1
1.9 i
3.2
4.2
4.0
3.3
3.9
5.6
7.0
7.7
7.0
7.4
7.0
74
9.9
9.6
13.2
10.4
10.9
10.7
12.3
12.0
13.3
14.1
14.4
13.8
8.1
1.7
7.7
1.9
11.1
2.1
8.3
7.9
3.0
7.7
3.0
7.5
7.5
4.5
8.2
5.1
8.7
5.4
9.1
5.3
9.1
4.7
2.2
2.1
2.0
2.5
2.3
4.2
4.2
4.3
4.3
4.3
1.0
.9
1.2
1.4
1.6
1.8
1.8
3.7
3.9
4.0
4.0
4.0
4.1
4.1
.0
.0
.0
.0
I *°
.0
.0
2.5
2.0
.9
.8
.7
.6
.5
.1
-.1
.0
.0 :
-0
.0
9.0
10.2 :
13.6
-7.7
2.7
14.8
2.1
4.8
1.8
1.9
4.1
4.1
.0
.0
.0
.0
.0
.0
.0
.0
.0
.4
.5
.4
.7
1.0
.6
.6
.6
.5
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
10.0
15.2
13.6
10.5
5.8
3.3
.6
-3.1
-4.1
-4.1
1.8
4.1
2.1
4.1
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
99
1946-74, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-74—Continued
dollars]
1952
1951
1950
1953
1954
1955
Line
IV
I
II
III
IV
62.2
66.2
66.3
66.4
66.9
26.8
28.8
29.9
30.9
31.3
26.1
27.9
29.0
29.9
.7
.0
.7
.0
.8
.0
.8
.0
21.4
19.4
20.8
19.0
I
II
III
IV
I
II
42.6
46.8
53.1
57.7
65.9
62.9
15.8
16.8
18.1
21.6
23.5
25.4
15.1
16.1
17.4
21.0
22.8
24.7
.6
.0
.7
.0
7
.6
.0
.7
.0
13.1
15.6
20.9
25.3
o
19.1
III
I
II
III
IV
I
69.9
71.8
71.9
70.8
65.6
32.0
32.5
32.4
32.1
32.0
30.4
31.2
31.5
31.5
31.2
.9
.0
.9
.1
.8
.1
1.0
.1
.8
.1
17.9
17.9
19.7
20.8
20.9
II
III
IV
62.9
62.9
63.5
29.1
28.8
28.8
30.9
28.1
27.9
.9
.1
1.0
.1
.9
.1
20.4
15.9
15.7
I
II
III IV
65.7
69.7
71.6
73.6 75.5
1
29.3
30.0
30.9
31.9 32.9
2
27.9
28.3
29.0
30.0
30.9 31.7
3
4
5
6
.9
.1
.9
.1
.9
.1
1.0
.1
.8
.0
16.1
17.1
18.4
20.5
20.7
.9
.1
1.1
1
21.3 22.1
7
g
9
10
11
8.0
8.6
9.9
8.9
10.0
9.0
9.0
9.5
9.9
10.3
10.3
10.7
11.0
11.1
10.9
10.6
9.9
9.8
9.5
9.7
10.2
10.8
10.9
10.8
12
13
14
15
16
17
18
5.7
5.8
6.0
6.3
7.1
7.2
7.0
7.2
7.5
7.3
7.4
7.5
7.5
7.6
7.3
7.2
8.1
8.1
8.1
8.3
9.0
9.2
9.6
9.7
19
47.2
39.0
36.5
40.4
47.6
54.5
61.2
67.9
66.1
70.1
74.4
73.6
76.3
78.2
76.6
77.4
73.5
69.6
68.7
67.6
67.9
66.7
68.9
69.0
20
18.6
17.4
18.0
20.9
28.7
35.1
42.3
47.2
48.3
52.2
54.3
54.6
57.2
58.1
57.2
57.6
52.8
48.0
46.2
44.8
44.5
43.7
44.7
44.9
21
12.4
12.5
14.1
16.9
24.0
30.3
37.7
42.0
42.4
15.4
10.5
4.9
27.0
46.9
16.0
11.0
5.0
30.9
48.5
15.8
10.7
5.0
32.7
49.1
15.7
10.5
5.2
33.3
49.5
15.8
10.6
5.2
33.7
48.3
15.7
10.7
4.9
32.7
47.5
15.3
10.5
4.8
32.2
44.3
15.0
10.3
4.7
29.3
41.9
14.9
10.3
4.7
27.0
39.8
14.9
10.2
4.7
24.9
38.4
14.9
10.1
4.7
23.6
38.6
14.8
10.0
4.8
23.7
38.1
15.4
10.3
5.1
22.7
39.1
15.4
10.2
5.2
23.7
38.0
15.3
10.1
5.2
22.6
22
23
7.4
3.2
4.2
6.1
3.2
2.9
8.1
3.1
5.0
8.7
3.1
5.6
8.9
2.9
6.0
10.1
2.9
7.2
8.5
2.8
5.6
6.1
2.9
3.2
6.4
2.8
3.6
6.3
2.9
3.4
5.9
3.0
3.0
5.6
3.1
2.5
5.6
3.2
2.4
6.9
3.2
3.7
27
28
6.1
4.9
4.0
3.9
4.7
4.8
4.6
5.2
6.0
3.1
2.9
45.6
15.9
10.9
5.0
29.7
6.6
3.2
3.5
21.0
13.9
10.9
11.6
11.2
11.6
11.9
11.9
10.0
10.7
11.7
10.9
11.4
11.3
11.3
11.9
12.4
12.8
13.7
14.4
14.7
14.3
14.4
14.4
30
17.1
3.9
10.1
3.7
7.7
3.1
8.1
3.5
8.2
3.0
8.6
3.1
8.8
3.1
8.7
3.2
8.3
1.8
8.3
2.4
9.2
2.5
9.2
1.6
9.3
2.1
9.2
2.1
9.4
1.9
10.0
1.9
10.8
1.7
11.4
1.4
11.8
1.9
12.3
2.0
12.2
2.5
12.3
2.0
12.5
1.9
12.6
1.8
31
32
2.4
2.4
2.3
2.3
2.5
2.5
2.4
2.6
2.5
2.5
2.8
2.8
2.3
3.4
2.8
2.9
2.9
2.8
3.0
2.9
3.0
3.1
3.3
3.2
33
4.3
4.3
4.4
4.4
4.4
4.4
4.4
4.5
4.5
4.4
4.5
4.5
4.5
4.5
4.6
4.6
4.6
4.7
4.7
4.6
4.5
4.4
4.6
4.8
34
.0
.0
.0
.0
.0
.0
.0
.0
.0
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
36
37
1.0
.9
1.2
.8
.9
1.0
1.0
.8
.3
1.1
.8
.9
.8
.6
.4
.7
1.3
1.1
.9
1.3
1.6
1.4 1.8
39
24
25
26
29
35
o
38
1.0
40
41
.0
.0
.0
.0
.0
.0
.7
-.6
.0
.0
.0
.0
.0
-.1
-4.7
7.8
16.6
17.3
18.3
8.4
1.0
-1.7
.2
-3.7
-7.5
-3.7
-4.5
-6.2
-.1
-.1
.0
.0
.0
.0
.1
.5
-.6
.0
42
-5.8 -11.8 -10.6
-6.7
-5.1
-1.9
1.8
4.9
4.8
6.5
43
44
45
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
100
Table 3.2.—Federal Government Receipts and Expenditures: Annually, 1946-74
[Billions of
1956
Line
I
1
Receipts
II
1957
1959
1958
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
76.0
77.6
77.6
80.5
82.7
82.5
82.6
79.6
76.0
75.9
79.5
83.0
87.6
91.6
89.8
90.3
2
Personal tax and nontax receipts l
33.8
35.0
35.5
36.4
37.0
37.6
37.8
37.2
36.5
36.0
37.1
37.5
38.5
39.7
40.2
41.2
3
4
5
6
Income taxes
Withheld
Declarations and settlements
Less: Refunds
32.6
33.5
34.1
35.1
35.7
36.0
36.2
35.8
35.1
34.6
35.8
36.2
37.2
38.3
38.7
39.7
7
8
Estate and gift taxes
Nontaxes
1.1
.1
1.4
.1
1.3
.1
1.3
.0
1.3
.0
1.6
.0
1.5
.0
1.3
.0
1.4
.0
1.3
.0
1.3
.0
1.3
.0
1.3
.0
1.3
.0
1.5
.0
1.5
.0
21.0
21.4
20.1
21.1
21.7
20.8
20.4
18.6
15.9
16.3
18.3
21.1
22.2
24.5
21.8
21.3
10.9
10.9
11.3
12.0
11.9
11.8
12.0
11.5
11.3
11.5
11.4
11.8
9
10
11
12
Corporate profits tax accruals. _
Federal Reserve banks
Other corporations
Indirect business tax and nontax accruals.
13
14
15
16
Excise taxes
Liquor
Tobacco
Other
17
18
Customs duties
Nontaxes
19
20
21
Contributions for social insurance
10.3
Expenditures
69.4
Purchases of goods and services
22
23
24
25
26
National defense — _
... .
Compensation of employees
Military...
Civilian
Other
27
28
29
Nondefense . . _ .
Compensation of employees
Other
30
31
32
Transfer payments
. _ .
To persons
To foreigners
10.4
71.8
10.8
72.4
11.0
74.2
12.2
78.1
12.3
79.8
12.5
79.8
12.1
12.4
12.8
12.8
10.9
11.0
11.4
11.4
1.0
.3
1.1
.3
1.1
.3
1.1
.3
15.0
12.3
12.2
12.2
12.6
12.6
14.7
15.0
15.0
81.0
83.5
87.8
91.6
93.0
90.5
89.9
91.5
91.9
44.9
46.2
45.8
46.7
50.3
49.9
50.1
49.6
51.6
53.6
54.4
55.9
54.3
54.3
53.7
53.3
38.3
15.3
10.1
5.2
23.0
40.3
15.6
10.2
5.4
24.7
40.2
15.7
10.1
5.6
24.5
41.9
15.7
10.0
5.6
26.2
43.3
15.8
10.2
5.6
27.5
43.9
15.9
10.3
5.6
27.9
44.6
16.1
10.4
5.7
28.5
44.3
15.8
10.1
5.6
28.6
44.5
15.8
10.1
5.7
28.7
45.4
16.1
10.3
5.8
29.3
45.9
16.6
10.6
6.1
29.2
46.5
16.7
10.6
6.1
29.8
46.1
16.5
10.5
6.1
29.6
45.5
16.5
10.4
6.1
29.0
45.6
16.5
10.4
6.1
29.1
45.1
16.5
10.4
6.1
28.6
6.6
3.3
3.4
5.9
3.4
2.6
5.6
3.5
2.1
4.8
3.5
1.3
7.0
3.6
3.4
6.0
3.7
2.3
5.5
3.7
1.7
5.3
3.6
1.7
7.2
4.1
3.1
8.2
4.2
4.0
8.5
4.4
4.2
9.4
4.4
5.1
8.1
4.3
3.8
8.8
4.3
4.4
8.1
4.4
3.7
8.1
4.4
3.8
14.7
15.1
15.5
15.7
16.2
17.7
17.5
18.7
19.9
21.7
22.2
21.7
21.8
21.5
21.9
22.7
13.0
1.8
13.2
1.9
13.6
1.9
13.8
1.9
14.5
1.7
15.7
2.0
15.8
1.7
17.0
1.7
18.2
1.7
20.0
1.8
20.4
1.9
19.8
1.9
19.9
1.9
19.8
1.7
20.1
1.8
20.7
2.0
3.3
3.5
4.2
4.0
4.2
4.5
4.8
5.6
5.4
6.8
6.7
6.4
7.5
6.8
5.0
5.1
5.3
5.5
5.6
5.8
5.2
5.0
5.2
5.4
5.6
5.9
6.4
6.7
.1
.1
.2
.2
.2
.2
.2
.2
.2
.1
.1
.2
.2
.2
.3
.4
1.9
2.3
2.5
2.8
2.2
2.7
2.4
2.3
2.5
2.5
3.0
3.2
2.2
1.7
2.1
2.3
1.2
-1.0
1.0
-.7
1.1
-1.0
1.1
-1.2
33
Grants-in-aid to State and local governments.
3.1
34
Net interest paid
4.8
3.5
5.5
35
36
37
Interest paid
To persons and business
To foreigners
38
Less: Interest received by government.
39
Subsidies less current surplus of government enterprises.
40
41
Subsidies
Less: Current surplus of government
enterprises.
42
Less: Wage accruals less disbursements..
.0
.0
.0
.0
.0
.0
.0
.0
.6
.6
-1.3
.0
.0
.0
.0
.0
43
Surplus or deficit ( - ) , national
income and product accounts.
6.6
5.8
5.2
6.3
4.6
2.8
2.8
-1.3
-7.5
-11.9
-12.1
-10.0
-2.9
1.6
-1.8
-1.5
-.4
-7.0
-2.6
-9.3
-2.3
-9.8
-1.4
-8.6
.4
—3.4
.6
1.1
.3
-2.0
-.4
-1.1
44
45
Social insurance funds
_.
.
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
101
and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-74—Continued
dollars]
1962
1961
1960
1963
1964
1965
Line
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
97.9
96.5
95.7
94.5
94.5
96.6
98.9
102.2
103.4
105.1
107.5
108.8
111.6
114.1
115.3
116.6
115.4
112.1
115.3
117.0
122.8
42.7
43.6
44.0
44.2
44.2
44.3
44.8
45.4
46.5
48.2
49.3
50.6
51.1
51.4
51.6
51.9
50.3
46.4
48.1
49.7
53.4
54.6
53.3
54.6
2
41.1
41.8
42.3
42.1
42.2
42.5
42.8
434
44.5
46.0
47.2
48.4
48.9
49.1
49.1
49.7
48.0
43.7
45.4
46.9
50.5
51.9
50.4
51.5
3
4
5
6
1.6
.0
1.8
.0
1.6
.0
2.0
.0
2.0
.0
1.8
.0
2.0
.0
2.0
.0
1.9
.1
2.2
.1
2.1
.1
2.1
.1
2.2
.1
2.3
.1
2.4
.1
2.1
.1
2.3
.1
2.6
.1
2.7
.1
2.7
.1
2.8
.1
2.6
.1
2.8
.1
3.0
.1
7
g
24.0
21.7
20.6
19.4
19.1
20.7
22.1
24.1
22.3
22.1
22.8
22.7
22.9
24.5
25.2
25.7
25.9
25.9
26.6
26.1
27.5
28.4
28.9
30.8
II
III
IV
124.4 123.1 127.1
1
9
10
11
13.6
13.5
13.4
13.3
13.3
13.5
13.6
14.1
14.4
14.4
14.8
14.8
14.9
15.2
15.4
15.5
15.6
12.1
12.1
12.1
11.9
11.9
12.1
12.1
12.5
12.8
12.8
13.2
13.1
13.2
13.5
13.6
13.7
13.8
14.1
1.2
3
1.1
.3
1.0
.3
1.0
.4
1.0
.4
1.0
.4
1.1
.4
1.1
.4
1.2
.4
1.2
.4
1.2
.4
1.2
.4
1.2
.5
1.2
.5
1.2
.5
1.2
.6
1.2
.5
1.3
.5
15.9
16.4
14.2
17.4
16.9
16.7
15.8
16.1
12
14.5
15.0
14.1
13.1
13.3
13
14
15
16
1.4
.9
1.4
1.0
1.6
1.0
1.7
1.0
1.7
1 0
17
18
24.8
25.1
25.7
19
17.5
17.6
17.7
17.6
17.9
18.2
18.4
18.6
20.3
20.5
20.5
20.7
22.7
23.0
23.2
23.5
23.6
23.8
1.3
.8
24.1
24.4
24.5
90.2
92.3
94.2
95.7
98.9
101.7
102.8
104.4
109.0
109.2
110.7
112.8
113.5
112.2
114.1
116.8
118.3
118.8
117.6
118.0
118.2
52.3
53.1
54.6
54.8
55.3
56.9
57.7
59.6
63.0
63.0
64.1
64.8
64.9
63.3
64.5
65.9
65.9
65.8
64.7
64.5
63.9
65.8
67.6
71.8
21
43.9
16.5
10.4
6.0
27.4
43.8
16.7
10.4
6.3
27.1
44.8
17.0
10.5
6.5
27.7
45.3
17.1
10.6
6.6
28.2
46.0
17.0
10.5
6.5
29.0
46.7
17.1
10.4
6.6
29.6
46.8
17.2
10.4
6.8
29.6
48.5
18.1
11.2
6.9
30.4
50.9
18.4
11.6
6.9
32.5
51.3
18.4
11.5
6.9
32.9
51.1
18.3
11.2
7.1
32.8
50.9
18.4
11.0
7.4
32.5
50.2
18.5
11.3
7.2
31.7
50.5
18.7
11.3
7.3
31.8
50.2
18.8
11.4
7.4
31.4
50.3
19.6
12.3
7.3
30.6
49.8
19.8
12.4
7.4
30.1
49.5
20.0
12.4
7.5
29.6
48.9
20.4
12.6
7.9
28.5
47.9
20.5
12.7
7.9
27.4
47.1
20.3
12.6
7.7
26.7
48.3
20.4
12.5
7.9
27.9
49.3
21.0
13.0
8.1
28.3
53.1
22.4
14.1
8.4
30.7
22
23
24
25
26
8.4
4.6
3.8
9.3
4.8
4.5
9.8
5.0
4.8
9.5
5.0
4.5
9.3
5.1
4.2
10.3
5.2
5.1
10.8
5.3
5.5
11.1
5.4
5.8
12.1
5.5
6.6
11.7
5.6
6.1
13.1
5.7
7.4
13.9
5.9
8.0
14.7
6.2
8.5
12.8
6.3
6.5
14.3
6.3
8.0
15.6
6.3
9.3
16.0
6.6
9.4
16.3
6.7
9.5
15.8
7.0
8.8
16.6
7.0
9.6
16.9
7.1
9.8
17.5
7.1
10.4
18.2
7.3
10.9
18.7
7.5
11.2
27
28
29
22.2
23.0
23.8
24.8
26.5
27.4
27.4
27.0
27.6
27.2
27.7
28.5
29.5
28.7
29.0
29.7
30.2
29.9
29.9
30.2
31.1
31.1
34.4
33.3
30
20.5
1.7
21.1
1.8
21.8
2.0
22.8
2.1
24.5
2.1
25.3
2.1
25.4
2.0
24.8
2.2
25.3
2.3
25.2
2.0
25.6
2.1
26.2
2.2
27.5
2.0
26.6
2.2
26.8
2.2
27.3
2.4
28.1
2.0
27.6
2.3
27.8
2.1
27.9
2.2
29.1
1.9
28.7
2.5
32.2
2.2
31.1
2.1
31
32
6.2
6.6
6.7
6.6
7.2
7.2
7.3
7.4
7.8
7.9
7.9
8.3
8.5
8.8
9.4
9.9
10.1
10.4
10.5
10.7
10.5
11.0
11.3
11.6
33
7 1
7 A
A A
8.2
7.9
.3
8.0
7.7
.3
8.5
8.1
.3
8.6
8.3
.4
8.7
8.3
.4
8.8
8.4
.4
9.0
8.6
.4
9.2
8.7
.4
9.4
8.9
.4
9.5
9.0
.4
8.0
9.7
9.2
.4
8.3
9.7
9.2
.5
8.1
9.9
9.4
.5
8.3
10.0
9.5
.5
8.4
10.0
9.6
5
8.8
10.3
9.7
5
34
8.4
7.9
.4
A Q
7.8
7.5
.3
7.6
7.3
.3
A A
7.5
7.3
.3
7.6
7.3
.3
7.7
7.4
.3
7.9
7.6
.3
8.2
7.9
.3
120.4 126.1 130.5^
20
35
36
37
1.2
1.2
1.4
1.3
1.3
1.3
1.4
1.5
1.5
1.6
1.5
1.5
1.6
1.6
1.6
1.6
1.6
1.6
1.7
1.4
1.8
1.8
1.7
1.4
38
2.4
2.6
2.5
3.0
3.6
4.1
4.3
4.2
4.2
4.5
4.1
4.2
3.6
4.2
3.9
3.8
4.4
4.8
4.7
4.2
4.5
4.2
4.5
5.0
39
1.1
-1.2
1.4
-1.2
1.1
-1.4
1.3
-1.7
1.7
-1.9
2.1
-1.9
2.3
-2.0
2.4
-1.7
2.4
-1.8
2.5
-2.0
2.3
-1.7
2.4
-1.8
2.1
-1.5
2.2
-2.0
2.4
-1.5
2.5
-1.3
2.8
-1.6
2.9
-1.8
2.7
-1.9
2.7
-1.4
3.0
-1.5
3.1
3.0
3.2
-1.2 -1.5 -1.8
40
41
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
7.7
4.2
1.4
-1.1
-4.3
-5.1
-3.9
-2.2
-5.6
-4.1
-3.2
-4.1
-1.9
1.9
1.2
-.2
-3.0
-6.7
-2.4
-1.0
2.6
5.1
1.9
2.3
1.4
.0
—1 4 —1 3
-3.7 -2.6
_ 7
-1.4
.7
-6.3
7
-4.8
10
-4.2
5
-1.5
-4.6
1 l
-2.9
2.5
-.6
2.7
-1.5
2.6
-2.8
1.8
-4.8
2.8
-9.4
3.0
-5.4
3.5
-4.5
.4
http://fraser.stlouisfed.org/
216-143 O - 77 - 8
Federal Reserve Bank of St. Louis
—.8
-3.5
x
.0
.0
.0
42
4.6
3.9
-3.0 -3.4
43
2.3
2.3
.4
3.3
2.0
.6 - 3 . 5 - 5 . 4
44
45
.0
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
102
Table 3.2.—Federal Government Receipts and Expenditures: Annually, 1946-74,
[Billions of
1966
1967
1968
Line
I
1
II
III
IV
I
II
III
IV
I
II
III
IV
136.5
141.3
143.7
145.9
147.1
147.6
151.5
155 8
164 1
169 1
180 3
2
Personal tax and nontax receipts *
57.6
61.2
62.9
65.1
66.0
65.6
68.4
69.9
71.7
74 6
84 4
87 9
3
45
6
Income taxes
Withheld
D eclarations and settlements
Less* Refunds
54.4
58.0
59.8
62.2
62.8
62.6
65.1
66.9
68.9
71.4
81.1
84.5
7
g
Estate and cift taxes
Nont axes
3.1
.0
3.1
.0
3.0
.0
2.9
.0
3.1
.1
3.0
.1
3.2
.1
3.0
.1
2.8
.1
3.1
.0
3.2
.0
3.4
.0
31.8
31.8
31.4
30.7
29.7
29.4
29.6
31.4
35.6
36.2
36 2
37 1
14.9
15.7
15.7
16.0
16.0
16.3
16.3
16.5
17.2
17.8
18.4
18.5
12.1
12.8
12.7
13.0
13.0
13.3
13.5
13.5
14.0
14.5
15.0
15.2
1.8
1.1
1.9
1.1
1.9
1.1
1.9
1.1
1.9
1.0
1.9
1.0
1.8
1.0
2.0
1.1
2.1
1.1
2.2
1.0
2.4
1.0
2.3
1.0
9
10
12
Receipts
Coroorate Drofits tax accruals
Indirect business tax and nontax accruals.
Excise taxes
17
18
Customs duties
Nontaxes
19
A
Federal Reserve banks
Other corrjorations
13
14
15
16
20
ice
Tobacco
Other
-
Contributions for social insurance
Expenditures
32.1
32.6
33.8
34.1
35.5
36.4
37.1
38.0
39.6
40.5
41.3
41.9
135.8
140.0
146.9
151.8
159.9
160.9
165.1
168.9
173.8
181.0
182.6
184 8
21
Purchases of goods and services
73.6
76.8
81.5
83.5
88.6
89.4
92.1
93.7
96.2
98.5
98.6
98.7
22
23
24
25
26
National defense .
Compensation of employees
MilitaryCivilian
Other
55.1
23.3
14.7
8.6
31.8
58.4
24.0
15.2
8.8
34.5
62.7
25.2
16.1
9.1
37.5
65.0
25.9
16.7
9.2
39.2
69.4
26.5
17.0
9.5
43.0
70.4
26.7
17.1
9.6
43.7
72.5
27.1
17.3
9.8
45.4
73.5
28.5
18.3
10.2
45.0
76.1
28.8
18.5
10.3
47.3
77.2
29.5
19.0
10.5
47.7
76.7
30.9
20.0
10.9
45.8
77.4
30.5
19.5
11.0
46.9
27
28
29
Nondefense
Compensation of employees
Other
18.5
7.5
10.9
18.3
7.7
10.6
18.8
8.0
10.8
18.4
8.1
10.3
19.2
8.1
11.0
18.9
8.3
10.6
19.6
8.5
11.1
20.2
8.7
11.4
20.0
9.0
ll.Q
21.3
9.2
12.1
21.9
9.5
12.4
21.3
9.6
11.8
34.8
34.1
35.6
38.6
41.3
41.9
43.0
43.1
44.8
47.9
49.2
50.3
32.1
2.7
31.8
2.3
33.4
2.2
36.6
2.0
39.1
2.2
39.7
2.2
40.4
2.6
41.1
2.0
43.0
1.8
45.8
2.1
47.0
2.2
48.0
2.4
13.3
14.4
14.9
15.0
15.3
14.9
16.0
17.5
17.8
18.8
18.8
18.9
30
31
32
Transfer payments ..
- --
To persons
To foreigners
33
Grants-in-aid to State and local governments.
34
Net interest Daid
8.7
9.0
9.3
9.6
9.9
9.6
9.7
10.2
10.7
11.4
11.5
12.1
10.5
10.0
.5
10.9
10.3
.5
11.2
10.6
.6
11.6
11.1
.6
11.9
11.3
.5
11.8
11.2
.6
11.9
11.3
.6
13.2
12.5
.7
2.5
13.8
13.0
.7
2.4
14.1
13.5
.7
2.7
14.3
13.6
.7
2.3
38
Less: Interest received by government
1.8
1.9
1.9
2.0
2.0
2.2
2.2
12.4
11.8
.7
2.3
39
Subsidies less current surplus of government enterprises.
5.5
5.8
5.6
5.1
4.8
5.1
4.3
4.5
4.4
4.4
4.5
4.7
40
41
Subsidies
Less: Current surplus of government
enterprises.
3.6
-1.8
4.0
-1.8
4.1
-1.5
4.3
-.8
4.1
-.7
3.9
-1.2
3.7
-.6
3.8
-.7
4.1
-.3
4.3
-.1
4.3
-.2
4.3
—.4
42
Less: Wage accruals less disbursements-
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
43
Surplus or deficit ( - ) , national
income and product accounts.
.6
1.3
-3.2
-5.9
-12.8
-13.2
-13.6
-13.0
-9.7
-12.0
-2.3
.7
7.6
-7.0
7.9
-6.6
8.0
-11.2
6.4
-12.3
5.4
-18.2
5.9
-19.1
6.4
-20.0
6.8
-19.9
6.6
-16.3
4.8
-16.8
5.1
-7.4
4.8
-4.1
35
36
37
44
45
Interest paid To persons and business
To foreigners
.
_
Social insurance funds
Other funds .
-
- .
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
103
and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-74—Continued
dollars]
1970
1969
1972
1971
1974*
1973*
Line
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
195.6
199.2
196.0
197.1
193.2
194.7
190.8
189.5
194.9
197.1
198.8
203.8
222.6
224.3
227.7
235.3
250.8
254.8
259.8
266.2
275.7 285.6
99.2 293.1
1
93.8
96.7
03.9
94.9
94.0
94.7
89.6
90.6
86.9
88.4
90.0
94.3
106.6
107.2
108.2
110.8
110.3
111.6
116.5
120.6
124.2
129.5
34.6
37.4
2
90.3
92.9
90.3
91.3
90.2
91.0
85.9
86.7
83.0
84.5
85.8
87.6
100.1
102.5
103.0
105.2
104.7
107.3
110.8
115.3
119.0
124.4
29.8
32.8
3
4
5
6
3.5
3.7
1
3.5
1
3.6
1
3.8
.1
3.7
3.6
.1
3.7
.1
3.8
.1
3.8
.1
4.1
.1
6.6
.1
6.4
.1
4.6
.1
5.0
.2
5.4
.2
5.5
.2
4.1
.1
5.6
.1
5.2
.1
5.1
.1
5.0
.1
4.7
4.5
7
g
37.0
35.2
34.9
30.9
30.9
31.7
29.8
33.2
34.0
33.4
33.5
34.6
35.2
36.5
40.0
42.1
43.0
42.1
42.9
43.1
45.8
51.8
42.9
o
37.7
.1
I
II
III
.1
IV
1
9
10
11
18.5
19.0
19.4
19.0
19.0
19.3
19.3
19.5
20.9
20.1
20.1
20.4
19.6
19.7
20.0
20.6
21.1
21.6
21.0
21.2
21.3
21.7
22.1
21.7
12
15.5
15.3
15.8
15.5
15.5
15.8
15.7
15.8
17.0
16.2
15.7
15.1
15.1
15.5
15.7
16.1
16.3
16.8
16.7
16.9
16.6
16.7
16.7
16.3
13
14
15
16
2.0
10
2.6
11
2.5
1 i
2.4
1 i
2.5
1 i
2.4
1.1
2.5
1.1
2.6
1.1
2.6
1.2
2.7
1.2
3.1
1.3
4.0
1.3
3.1
1.3
2.8
1.4
2.9
1.4
3.1
1.4
3.4
1.4
3.2
1.1
3.2
1 l
3.4
12
3.6
14
3.8
15
90.8
3.8
16
17
18
45.5
46.5
47.6
48.3
49.3
49.8
50.2
49.7
54.1
54.6
55.3
55.7
61.8
62.2
63.1
63.9
77.3
3.3
1.5
78.6
80.2
81.6
87.2
91.1
19
184.3
187.2
189.4
192.9
194.3
207.5
205.3
209.6
213.5
220.9
222.2
225.9
235.9
244.2
238.6
260.2
261.7
262.1
264.5
270.8
281.1
293.5 307.2 318.6
20
97.2
97.1
97.9
97.8
97.9
95.6
94.0
95.1
95.9
94.9
96.4
97.6
103.1
102.8
100.3
102.3
104.1
99.9
100.0
104.0
106.1
108.9 113.6 118.2
21
75.3
30.4
19.5
10.9
44.9
75.6
30.7
19.7
11.0
44.9
77.1
33.2
21.5
11.7
43.9
77.0
32.9
21.1
11.8
44.2
75.8
33.5
21.6
11.9
42.3
72.9
33.3
21.3
12.0
39.6
72.7
33.1
21.0
12.1
39.7
72.7
32.7
20.6
12.1
39.9
72.0
33.9
21.4
12.5
38.1
70.1
33.7
21.0
12.7
36.4
68.9
33.4
20.6
12.8
35.4
70.0
34.2
21.3
12.9
35.8
74.7
35.7
22.7
13.0
39.0
74.4
35.0
21.8
13.2
39.4
71.7
35.1
21.7
13.4
36.7
73.3
36.9
23.0
13.9
36.3
74.0
36.3
22.8
13.5
37.7
73.0
35.9
22.3
13.6
37.1
72.3
35.8
22.2
13.7
36.5
74.2
37.1
22.9
14.2
37.1
74.8
37.0
22.8
14.2
37.8
75.8
36.9
22.5
14.4
38.9
78.4
37.1
22.4
14.7
41.3
80.5
38.9
23.4
15.5
41.6
22
23
24
25
26
21.9
9.7
12.2
21.5
9.7
11.8
20.7
10.2
10.5
20.7
10.3
10.4
22.1
11.4
10.7
22.6
11.6
11.1
21.3
11.6
9.7
22.4
11.7
10.7
23.9
12.7
11.2
24.8
12.9
11.9
27.6
13.1
14.5
27.7
13.2
14.5
28.5
14.0
14.4
28.4
14.2
14.2
28.6
14.4
14.2
29.0
14.9
14.1
30.1
15.4
14.7
27.0
15.5
11.5
27.6
15.6
12.0
29.8
16.2
13.6
31.4
16.7
14.7
33.0
16.9
16.2
35.1
17.3
17.9
37.7
18.1
19.6
27
28
29
51.0
52.7
52.8
53.9
55.8
65.1
65.1
68.2
69.4
76.7
76.9
78.0
80.2
80.2
81.1
91.3
92.3
95.0
96.8
99.2
107.0
114.9 121.2 127.8
30
49.3
1.8
50.2
2.5
50.9
1.9
51.9
2.0
53.7
2.1
63.0
2.1
62.8
2.3
65.9
2.4
67.1
2.3
74.2
2.5
74.2
2.8
75.1
2.8
77.3
2.9
77.4
2.8
78.3
2.8
88.8
2.5
90.2
2.1
91.8
3.2
94.1
2.7
96.6
2.5
111.0 118.0 124.8
3.9 3.2 3.0
31
32
19.1
19.8
20.5
22.0
23.5
24.0
24.8
25.4
27.2
29.1
29.1
30.6
31.6
38.7
34.1
45.7
41.6
40.4
40.1
40.2
104.2
2.8
42.7
12.2
12.6
12.9
13.7
13.8
14.1
14.6
14.5
14.3
13.7
14.0
14.0
14.2
14.3
14.6
15.1
16.3
17.7
19.1
19.8
14.2
13.5
.8
14.7
13.9
.8
15.0
14.2
.8
15.8
15.0
.8
16.2
15.4
.8
16.5
15.5
1.0
17.0
15.9
1.1
16.9
15.7
1.2
16.5
15.2
1.3
16.3
14.7
1.6
16.6
14.5
2.1
16.8
14.5
2.4
16.8
14.3
2.5
17.0
14.4
2.6
17.3
14.6
2.7
17.9
15.0
2.9
19.4
16.0
3.5
20.7
16.8
3.9
21.8
17.8
4.0
22.6
18.6
4.0
2.0
2.1
2.1
2.1
2.4
2.4
2.4
2.4
2.3
2.6
2.6
2.9
2.7
2.7
2.7
2.8
3.2
3.0
2.7
2.8
4.9
5.0
5.4
5.5
5.8
6.6
6.4
6.4
6.7
6.4
5.8
5.9
6.7
8.0
8.5
8.0
7.6
9.0
8.6
7.7
4.4
-.5
4.5
-.4
4.7
-.6
4.7
-.8
4.8
-1.1
4.9
-1.8
4.8
-1.6
5.0
-1.4
4.8
-1.9
4.9
-1.5
4.6
-1.2
4.8
-1.1
5.6
-1.1
6.6
-1.4
7.5
-1.0
7.4
-.6
6.0
-1.6
5.5
-3.5
5.1
-3.5
5.0
-2.7
3.2
-2.1
2.5
-2.1
-.4
.0
.0
.0
.0
.1
.0
-.1
.0
2.1
.1
-.1
.0
.0
.0
- 1 . 1 -12.8 -14.6 - 2 0 . 1 -18.5 -23.8 -23.4 -22.2 -13.4 -20.0 -10.8 -24.9 - 1 0 . 9
-7.4
-4.8
-4.6
-5.3
.0
.0
.0
.0
11.2
12.0
6.7
4.2
7.2
4.0
7.3
4.7
8.8
-2.1
88.6
43.4
44.0
45.4
33
19.9
20.8
21.4
22.0
34
23.0
19.0
4.0
23.8
19.6
4.2
24.5
20.2
4.3
25.0
20.5
4.5
35
36
37
3.1
3.0
3.1
2.9
38
5.3
5.0
5.5
5.1
39
3.2 3.6 3.8
-1.8 -1.9 -1.3
40
41
- . 6 -1.5
.0
42
- 7 . 9 - 8 . 0 -25.5
43
.2
3.2
1.3
4.6 - 1 . 9
-.8
9.7
1.8
3.9
4.3
5.2 - 2 . 4
9.1
9.1
9.3
8.8
11.6
9.0
6.8
.2
4.5
- 4 . 7 -10.8 -14.6 -18.4 -21.4 -23.1 -21.8 -23.6 -21.4 -16.5 -24.3 -16.0 -22.5 - 2 0 . 0 -16.6 -13.8 -13.4 -16.9 -14.7 -12.S -25.7
44
45
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
104
Table 3.3.—Federal Government Receipts and Expenditures:
[Billions of
1946
1947
1948
1949
Line
II
I
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
11.6
8.1
9.7
9.6
14.1
9.3
10.0
9.9
14.4
9.3
10.0
9.5
12.2
8.2
9.6
8.8
7.1
1.3
1.8
1.5
3.0
1.9
1.9
1.5
3.9
2.5
2.0
1.3
3.3
3.0
2.1
1.3
8.2
2.6
1.9
1.5
3.5
2.5
1.8
1.4
4.3
2.6
1.9
1.2
3.7
3.0
2.1
1.0
8.6
2.7
1.9
1.2
3.3
2.9
1.9
1.2
3.8
3.0
* 2.1
1.2
3.2
3.1
2.1
1.0
6.6
2.4
1.9
1.3
2.7
2.3
2.0
1.3
3.8
2.4
2.1
1.2
3.1
2.5
2.1
1.1
10.9
9.8
7.3
8.3
8.9
10.3
10.1
10.2
10.4
10.6
5.8
5.6
.2
4.8
4.3
.6
3.2
2.3
1.0
3.8
2.7
1.1
2.9
2.2
.7
3.3
2.3
1.0
3.1
2.1
1.1
3.3
2.5
.9
3.0
2.4
.7
3.8
2.7
1.1
4.3
2.7
1.6
5.5
2.9
2.6
4.9
3.3
1.7
4.8
3.4
1.4
5.2
3.3
1.9
5.5
3.2
2.3
--
3.3
2.6
.7
3.0
2.4
.7
2.6
2.2
.5
2.4
2.0
.4
2.6
2.1
.5
2.5
2.0
.5
3.2
2.6
.5
2.5
2.1
.4
2.8
2.0
.8
2.8
1.9
.8
2.9
1.8
1.2
2.9
1.9
1.0
3.5
2.2
1.3
3.7
2.2
1.5
3.4
2.1
1.3
3.3
2.2
1.0
13
Grants-in-aid to State and local governments.
.2
.2
.3
.4
.4
.4
.5
.5
.4
.4
.5
.6
.5
.5
.6
.6
14
15
16
17
18
Net interest paid
Interest paid
To persons and business
To foreigners
Less: Interest received by government.
Subsidies less current surplus of government enterprises.
Subsidies
-.
Less: Current surplus of government
enterprises.
.9
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.0
1.1
1.1
1.1
1.0
1.1
.6
.7
.1
.1
.2
.3
.1
.0
.1
.2
.1
.2
.2
.2
.1
.1
1
Receipts
2
3
4
5
Personal tax and nontax receipts
7
8
9
Purchases of goods and services
National defense
Nondefense
-
Indirect business tax and nontax accruals.
Contributions for social insurance
FVnAnd i tnr M
10
11
12
19
20
21
22
23
To persons
To foreigners
.
Less: Wage accruals less disbursements..
Surplus or deficit ( - ) , national income and product accounts.
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.8
-1.7
2.4
2.0
7.1
1.7
2.2
2.4
7.0
1.1
1.1
-.8
2.0
-2.0
-.8
-1.9
1956
1957
1958
1959
Line
1
2
3
4
5
Q
7
8
9
Receipts
Personal tax and nontax receipts
Corporate profits tax accruals
Indirect business tax and nontax accruals.
Contributions for social insurance
Expenditures
Purchases of goods and services
National defense
Nondefense
10
11
12
Transfer payments
To persons
To foreigners
13
Orants-in-aifl to State and local crovernments.
14
15
16
17
18
Net interest paid
Interest paid
To persons and business ._
19
20
21
Subsidies less current surplus of government enterprises.
Subsidies
Less: Current surplus of government
enterprises.
22
Less: Wage accruals less disbursements
23
._
IV
I
II
III
IV
I
II
III
IV
18.9
18.3
21.4
22.4
20.0
18.1
19.4
20.5
19.6
19.1
8.7
4.9
2.8
2.4
7.8
5.4
3.1
2.1
9.9
5.3
2.8
3.5
10.4
5.3
3.0
3.7
9.2
5.1
3.0
2.8
8.0
4.8
3.0
2.2
9.5
3.9
2.7
3.4
9.7
4.1
2.9
3.8
9.2
4.6
2.8
2.9
8.4
5.3
3.1
2.3
III
I
II
20.0
20.8
9.3
5.2
2.6
2.9
9.4
5.4
2.8
3.2
I
II
III
IV
21.7
25.0
22.1
21.0
9.6
5.1
2.9
4.1
11.0
6.3
3.2
4.6
10.1
5.5
3.1
3.4
9.3
5.5
3.3
2.8
16.9
18.0
17.3
19.7
19.1
19.9
19.8
20.8
20.5
21.7
22.8
24.0
22.2
22.3
22.6
23.9
10.7
9.2
1.4
11.6
10.6
1.0
10.9
9.4
1.4
12.8
11.0
1.8
12.2
10.5
1.7
12.2
11.4
.8
12.2
10.8
1.4
13.3
11.4
1.9
12.4
10.8
1.7
13.2
11.7
1.5
13.3
11.0
2.3
15.0
12.1
2.9
13.1
11.2
2.0
13.5
11.7
1.7
13.1
10.9
2.2
14.2
11.8
2.4
3.8
3.4
.4
7
3.9
3.4
.5
3.9
3.4
.5
9
4.2
3.8
.4
4.6
4.0
.5
4.2
3.8
.4
4.6
4.1
.4
5.2
4.8
.4
5.6
5.1
.5
5.3
4.9
.4
5.3
4.8
.5
5.7
5.2
.5
5.5
5.0
.4
5.3
4.9
.4
5.6
5.1
.5
8
3.7
3.3
.4
9
.9
.9
1.2
1.2
1.1
1.2
1.5
1.8
1.5
1.5
2.1
1.8
1.2
1.3
1.3
1.3
1.4
1.4
1.4
1.4
1.3
1.3
1.3
1.3
1.5
1.5
1.6
1.6
.5
.5
.6
.8
.4
.8
.8
.3
.6
.6
1.0
.6
Less: Interest received by government.
Surplus or deficit ( - ) , national
income and product accounts.
.0
.0
.0
3.1
2.8
1.5
.0
.0
.0
.0
.0
-1.3
2.3
2.5
.2
-2.7
•Revised estimates for 1973 and 1974 will be shown in the September 1976 SURVEV OF
CURRENT BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977
SURVEY OP CURRENT BUSINESS.
.2
-1.1
.5
.4
.5
.7
.2
-.3
.2
-.2
.3
-.2
.5
-.2
.2
-.3
.0
.0
.0
.0
.0
-1.1
-3.2
-4.9
-.5
2.8
-.5
-2.9
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
105
Quarterly Totals Not Seasonally Adjusted, 1946-74
dollars]
1952
1951
1950
1953
1954
1955
Line
I
II
III
IV
I
II
III
IV
I
II
III
IV
15.7
21.5
16.2
17.4
14.9
19.5
13.9
15.4
14.9
18.2
18.8
18.1
17.3
1
65
4.9
2.8
1.6
11.6
5.0
2.6
2.2
6.1
5.3
2.8
2.0
7.8
5.1
2.8
1.8
6.7
4.0
2.7
1.4
10.7
3.9
2.4
2.5
5.0
4.2
2.5
2.2
6.9
4.2
2.4
1.9
6.3
4.6
2.5
1.6
8.5
4.8
2.4
2.4
8.0
5.4
2.7
2.8
7.9
5.3
2.7
2.3
7.0
5.6
2.8
1.9
2
3
4
5
18.4
19.1
18.8
19.6
18.4
20.3
18.0
17.7
16.4
17.7
16.7
16.4
17.1
18.0
6
13.5
11.5
2.0
14.4
12.4
2.0
14.0
12.1
1.9
14.5
12.7
1.8
13.6
11.6
2.1
15.4
12.2
3.2
12.7
10.8
1.9
12.2
11.0
1.2
11.0
9.2
1.8
12.1
10.1
2.0
10.7
9.3
1.4
10.5
9.9
.6
11.2
9.7
1.5
12.0
9.6
2.5
7
8
9
3.6
3.1
5
10
11
12
I
II
III
IV
15.0
20.2
15.4
16.0
5.6
5.4
2.5
1.5
11.1
4.6
2.4
2.2
6.3
4.6
2.6
1.9
7.1
4.5
2.6
1.8
17.1
16.2
17.4
12.7
11.4
1.3
I
II
III
IV
I
II
III
IV
12.8
10.9
13.2
13.2
19.9
14.7
14.7
6.3
3.0
1.9
1.6
3.3
3.9
2.1
1.6
4.3
4.9
2.6
1.5
4.3
5.3
2.3
1.3
9.6
5.9
2.4
1.9
5.1
5.5
2.2
1.9
5.8
4.9
2.3
1.7
12.0
9.5
8.8
10.6
11.7
13.6
15.4
4.8
3.1
1.7
3.8
3.0
.8
4.3
3.4
1.0
5.8
4.5
1.3
6.9
6.0
1.0
8.6
7.7
.9
10.8
9.4
1.4
12.0
10.5
1.6
11.7
10.4
1.3
5.4
4.4
1.0
3.6
2.6
1.1
5
2.6
1.8
7
2.8
2.0
8
2.8
2.1
.8
3.0
2.1
.9
2.9
2.1
.7
2.9
2.2
.8
2.6
2.1
.4
2.8
2.1
.7
2.8
2.3
.6
2.7
2.3
.4
2.9
2.4
.5
2.9
2.3
.6
2.7
2.3
.4
2.9
2.4
.5
3.2
2.8
.4
3.3
2.9
.4
3.2
2.8
.4
3.5
3.0
.5
3.8
3.2
.6
3.7
3.2
.5
6
.6
.6
.6
.7
.6
.6
.7
.7
.5
.8
.7
.8
.7
7
.8
.8
7
7
3.4
3.0
4
g
I i
I i
I i
1.1
1.1
1.1
1.1
1.1
1.1
1.1
1.1
1.2
1.2
1.1
1.1
1.2
1.2
1.2
1.1
12
11
12
.3
.2
.2
2
.3
.2
.2
.2
.1
2
.2
.2
.2
.1
.1
.2
.3
.3
.2
.3
.4
.3
.3
13
14
15
16
17
18
.4
19
20
21
.0
.0
.0
.0
.0
.0
.7
1.4
4.5
2.6
8.2
1.1
.2
-.2
.0
.0
.0
.0
.0
.0
.0
.0
-.7
-2.1
4.0
-1.9
-2.4
-3.4
2.7
-3.4
-1.0
-5.4
1962
1961
1960
.0
.0
.0
.0
.0
.1
-.1
.0
22
1.6 -3.8
-1.1
-2.8
1.6
2.4
1.0
-.6
23
1963
1964
1965
Line
•
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
24.3
27.3
23.3
21.2
22.8
27.7
24.1
23.5
25.7
30.8
25.7
24.1
27.6
32.7
27.8
26.4
28.3
33.1
27.8
25.7
29.9
36.6
29.7
28.1
1
10.5
5.6
3.2
5.0
12.7
5.7
3.6
5.4
10.8
5.2
3.2
4.1
9.7
5.0
3.4
3.1
10.0
4.4
3.1
5.3
13.1
5.4
3.6
5.6
11.2
5.5
3.3
4.1
10.4
6.2
3.7
3.2
11.0
5.1
3.4
6.1
14.7
5.8
3.8
6.4
12.0
5.6
3.5
4.5
10.8
5.9
3.9
3.4
11.8
5.3
3.5
7.0
15.0
6.5
4.1
7.2
12.9
6.2
3.7
5.1
11.8
6.6
4.1
3.9
11.4
6.0
3.6
7.3
14.6
6.8
4.3
7.4
12.0
6.6
3.9
5.3
10.6
6.7
4.4
4.0
11.8
6.5
4.2
7.5
17.0
7.4
4.5
7.7
13.5
7.1
3.7
5.5
11.7
7.9
4.1
4.3
2
3
4
5
22.3
22.5
23.7
24.5
24.5
25.3
25.0
27.1
26.9
27.2
27.0
29.3
28.1
27.3
28.9
29.8
28.9
29.4
29.5
30.3
28.8
29.9
31.7
33.3
6
12.7
10.8
1.9
12.9
11.0
1.9
13.9
11.1
2.8
14.3
11.6
2.7
13.6
11.5
2.0
14.1
12.0
2.1
14.0
11.1
2.9
15.7
12.4
3.3
15.3
12.6
2.7
16.0
13.6
2.4
15.3
11.9
3.4
17.2
13.0
4.2
15.9
12.5
3.4
15.3
12.7
2.6
16.1
12.4
3.8
17.3
12.8
4.5
15.8
12.0
3.8
16.6
13.1
3.6
15.7
11.7
4.0
17.0
12.2
4.8
15.4
11.4
3.9
16.4
12.5
3.9
16.4
11.9
4.5
19.1
13.6
5.5
7
8
9
5.8
5.4
.4
5.8
5.3
.5
5.8
5.3
.5
6.0
5.5
.5
7.0
6.4
.5
6.9
6.3
.5
6.6
6.1
.5
6.6
6.1
.5
7.2
6.6
.6
6.9
6.3
.5
6.7
6.2
.5
6.9
6.4
.5
7.6
7.1
.5
7.2
6.7
.6
7.1
6.5
.5
7.2
6.7
.6
7.8
7.3
.5
7.5
6.9
.6
7.3
6.8
.5
7.4
6.9
.5
8.0
7.5
.5
7.9
7.2
.7
8.4
7.9
.5
8.2
7.7
.5
10
11
12
1.4
1.5
1.9
1.7
1.6
1.7
2.0
2.0
1.8
1.8
2.2
2.2
2.0
2.0
2.6
2.6
2.3
2.4
3.0
2.8
2.4
2.7
3.0
3.0
13
1.8
2.1
2.0
1
.3
1.7
2.0
2.0
1
.3
1.7
2.0
1.9
1
.3
1.6
1.9
1.9
.1
.4
1.6
1.9
1.8
.1
.3
1.5
1.9
1.8
.1
.3
1.6
1.9
1.8
.1
.3
1.5
1.9
1.8
.1
.4
1.7
2.0
1.9
.1
.3
1.6
2.0
2.0
.1
.4
1.8
2.1
2.0
.1
.4
1.7
2.1
2.1
.1
.4
1.8
2.2
2.1
.1
.4
1.8
2.2
2.1
.1
.4
1.9
2.2
2.1
.1
.4
1.8
2.3
2.2
.1
.5
2.0
2.4
2.3
.1
.4
1.9
2.4
2.2
.1
.4
2.0
2.4
2.3
.1
.4
2.0
2.4
2.3
.1
.4
2.1
2.5
2.4
1
.4
2.0
2.5
2.4
1
4
2.1
2.5
2.4
1
4
2.1
2.5
2.4
14
15
16
17
18
.6
.5
.6
.9
.7
1.2
.8
1.3
1.0
.9
1.0
1.3
.8
.9
1.3
.8
1.0
1.0
1.5
1.0
1.0
.8
1.8
1.0
19
.2
-.4
.2
-.3
.3
-.3
.5
-.3
.2
-.5
.6
-.6
.4
-.4
1.0
-.4
.5
-.5
.3
-.6
.6
-.3
.9
-.4
.4
—.4
.3
-.7
1.0
-.3
.6
-.3
.6
-.4
.3
-.6
1.2
-.3
.7
-.3
.6
-.3
.3
-.5
1.5
-.3
.6
-.4
20
21
.0
.0
.0
22
6.7 -2.0 -5.2
23
.0
.0
.0
.3
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
2.0
4.8
-.5
-3.3
-1.7
2.4
-.9
-3.6
-1.3
3.6
-1.3
-5.3
-.5
5.4
-1.1
-3.5
-.6
3.7
-1.7
-4.6
1.1
i
4
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
106
Table 3.3.—Federal Government Receipts and Expenditures:
[Billions of
1966
I
Line
1
2
3
4
5
6
7
8
9
Receipts
Personal tax and nontax receiDts
Corporate profits tax accruals
Indirect business tax and nontax accruals.
Contributions for social insurance
Expenditures..
Purchases of goods and services
National defense
Nondefense
1967
I
IV
III
II
II
1968
III
IV
I
II
III
IV
33.5
41.4
34.1
32.8
37.2
41.8
37.0
34.5
40.5
48.0
44.6
41.6
13.3
7.5
3.3
9.3
19.0
8.3
4.3
9.8
14.8
7.7
3.8
7.8
14.5
7.9
4.1
6.2
16.1
7.0
3.6
10.4
19.0
7.7
4.2
11.0
17.2
7.2
4.0
8.5
15.1
8.1
4.4
6.8
16.8
8.4
4.1
11.3
22.3
9 4
4.5
11.8
21.6
89
4.5
9.5
19.0
96
4.8
8.2
33.1
34.6
37.9
38.1
39.3
39.6
42.0
42.8
42.3
45.1
46.0
47.1
17.7
13.4
4.3
19.2
15.2
4.0
20.4
15.5
4.9
21.5
16.3
5.2
21.7
17.1
4.5
22.4
18.1
4.3
22.3
17.5
4.8
24.6
18.7
5.8
23.3
18.5
4.8
24.9
20.2
4.7
23.4
18.1
5.3
26.4
20.0
6.4
10
11
12
Transfer payments . . . . .
To persons . . . . .
To foreigners
8.9
8.2
.7
8.6
8.0
.6
8.8
8.3
.5
9.5
9.0
.5
10.6
10.0
.6
10.5
9.9
.6
10.6
10.0
.6
10.6
10.1
.5
11.5
11.0
.5
12.1
11.5
.6
12.1
11.6
.5
12.4
11.8
.6
13
Grants-in-aid to State and local governments.
3.1
3.6
3.9
3.8
3.6
3.5
4.4
4.4
4.1
4.9
4.8
4.8
14
15
16
17
18
Net interest paid
Interest Daid
To persons and business
To foreigners . . .
Less: Interest received by governmentSubsidies less current surplus of government enterprises.
Subsidies
Less: Current surplus of government
enterprises.
Less: Wage accruals less disbursements..
2.3
2.7
2.5
.1
.4
2.2
2.7
2.6
.1
.5
2.3
2.8
2.6
.1
.4
2.4
2.9
2.8
.1
.6
2.6
3.0
2.9
.1
.5
2.4
2.9
2.8
.1
.5
2.4
3.0
2.8
.1
.5
2.5
3.1
3.0
.2
.6
2.8
3.3
3.2
.2
.6
2.8
3.4
3.2
.2
.6
2.9
3.5
3.4
.2
.6
3.0
3.6
3.4
.2
.7
1.1
1.0
2.5
1.0
.9
.8
2.2
.7
.7
.5
2.8
.5
.6
-.5
.4
-.6
2.2
-.3
.9
-.1
.8
-.2
.4
-.4
2.1
-.2
.7
-.1
.6
-.1
.4
- 1
2.7
-.1
.6
.1
19
20
21
22
23
Surplus or deficit ( - ) , national income and product accounts.
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.4
6.9
-3.8
-5.3
-2.1
2.2
-5.0
-8.3
-1.8
3.0
-1.4
-5.5
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
107
Quarterly Totals Not Seasonally Adjusted, 1946-74—Continued
dollars]
1972
1971
1970
1969
197^I*
1973*
Line
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III IV
47.7
56.3
48.9
44.2
47.4
54.4
47.8
42.3
47.8
54.5
50.4
45.9
54.4
62.8
57.3
53.0
62.8
66.8
66.5
61.7
67.0
76.4
76.7 68.4
1
21.3
8.8
4.4
13.1
28.0
9.7
4.9
13.6
24 3
8.7
4.7
11.1
21.1
9.0
4.9
9.1
21.5
7.2
4.5
14.2
26.6
8.1
4.9
14.8
23.7
7.8
4.8
11.5
20.4
7.6
5.0
9.3
19.3
7.7
5.0
15.8
24.1
8.9
5.2
16.3
24.4
8.4
5.0
12.6
22.1
8.6
5.1
10.1
23.5
8.1
4.7
18.1
30.4
9.1
5.1
18.2
28.5
9.1
5.0
14.7
25.9
10.2
5.2
11.7
25.4
9.8
5.1
22.5
27.6
11.3
5.4
22.6
32.0
10.4
5.3
18.7
29.8
11.0
5.4
15.6
27.3
10.2
5.1
24.4
33.8 36.5 33.7
12.0 12.8 11.0
5.5 5.6 5.5
25.0 21.8 18.2
2
3
4
5
45.0
46.6
49.0
47.9
46.9
51.9
53.0
52.4
51.9
55.3
56.6
56.8
58.0
61.6
60.4
64.8
64.5
66.5
66.0
67.9
69.8
75.0
75.2
80.1
6
22.9
17.8
5.1
25.0
18.7
6.3
23.1
17.4
5.7
23.8
18.2
5.6
23.6
16.6
7.0
25.8
18.0
7.8
25.4
18.4
7.0
26.1
19.4
6.7
24.2
17.2
7.0
26.5
18.5
7.9
25.4
18.3
7.1
25.5
19.1
6.4
23.8
17.2
6.7
27.2
18.7
8.5
25.7
18.2
7.4
27.8
19.9
7.9
27.7 30.6
18.9 20.4
8.8 10.2
20.3
19.6
.7
19.6
18.9
.7
22.6
22.0
.6
23.6
23.1
.5
23.9
23.1
.9
23.6
23.0
.6
24.7
24.1
.6
27.5
26.8
.7
29.0 29.7 31.6
27.9 29.0 30.8
10
7
7
7
8
9
10
11
12
23.7
18.2
5.5
24.4
19.7
4.7
24.3
19.2
5.1
25.0
19.1
5.9
23.6
18.2
5.4
24.1
18.8
5.3
13.0
12.6
5
13.4
12.7
7
12.9
12.5
.4
13.3
12.8
.5
14.4
13.8
.5
16.5
15.9
.6
15.9
15.4
.5
16.8
16.3
.6
17.9
17.3
.6
19.4
18.8
.7
18.7
18.1
.6
19.2
18.5
.7
20.7
20.0
.7
4.4
5.1
5.2
5.6
5.4
6.4
6.2
6.4
6.4
7.8
7.2
7.7
7.4
10.3
8.3
11.5
9.9
10.6
9.8
10.2
10.2
11.4
10.7
11.5
13
3.2
3 6
3.4
.2
5
3.1
3.6
3.4
.2
5
3.2
3.7
3.5
.2
5
3.4
4.0
3.8
.2
6
3.6
4.1
3.9
.2
5
3.4
4.0
3.8
.2
.6
3.7
4.2
4.0
.3
.6
3.6
4.3
4.0
.3
.7
3.7
4.2
3.9
.3
.5
3.3
3.9
3.5
.4
.7
3.6
4.2
3.7
.5
.6
3.5
4.3
3.6
.6
.8
3.6
4.2
3.6
.6
.6
3.5
4.2
3.5
.6
.7
3.7
4.3
3.6
.7
.6
3.8
4.5
3.8
.8
.8
4.1
4.8
4.0
.8
.7
4.3
5.1
4.1
1.0
.8
4.8
5.5
4.4
1.0
6
4.9
5.7
4.7
1.0
.8
5.0
5.7
4.8
1.0
7
5.1
5.8
4.8
1.0
g
5.5
6.2
5.1
1.1
7
5.5
6.3
5.2
1.2
3
14
15
16
17
.7
.6
3.3
.6
.6
1.0
4.2
.6
.9
1.1
3.5
.7
.8
1.4
4.6
1.0
1.4
2.1
3.9
.9
1.5
1.7
1.2
.9
19
.6
.4
-.2
3.0
-.3
.6
.0
.3
-.2
.4
-.6
3.7
-.5
.5
—.1
.5
-.4
.6
-.5
3.0
-.5
.8
.0
.5
-.3
.9
-.5
4.3
-.3
1.0
.0
.9
-.5
1.1
-1.0
2.9
-1.0
.6
-.3
.8
.7
-.4
1.0
.1
20
21
-.1
.0
.0
.0
.0
.0
.0
.0
.0
.5
.0
.0
.0
.0
.0
1.0
-.7
-.2
-.4
.7
22
-5.2 -10.1
-4.1
-.8
-6.2 -10.9
-3.6
1.2
-3.1 -11.7
-1.6
.3
.5
-6.2
-2.9
1.4
1.5
-11
23
.0
.0
.0
.0
.6
-.5
2.7
9.7
-.1
-3.7
.6
2.5
-.7
1O
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
108
Table 3.4.—State and Local Government Receipts and Expenditures s Annually,
[Millions of
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
13,005
15,438
17,705
19,463
21,304
23,445
25,434
27,421
29,049
31,662
34,996
38,476
1,507
1,749
2,053
2,369
2,501
2,790
3,002
3,222
3,506
3,946
4,481
4,968
3
4
5
6
Income taxes
Cstate and sift taxes
409
153
488
177
570
183
718
175
776
182
905
209
1,002
218
1,042
238
1,135
255
1,345
285
1,574
336
1,723
357
Motor vehicle licenses Property taxes
226
155
256
171
288
189
326
211
422
245
453
266
487
287
533
306
585
316
654
302
722
281
7
8
9
Other taxes
69
495
82
575
93
730
102
837
370
227
107
839
108
901
117
946
120
1,048
118
1,159
143
1,272
148
1,467
166
1,719
Line
1
2
10
11
12
Receipts
Personal tax and nontax receipts
- - -
Tuition and related educational
charges.
Hospital and health charges
Fines
Other
13
Corporate profits tax accruals
14
Indirect business tax and nontax accruals.
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
State
General
Gasoline
Liquid
Tobacco
Other 1
. .
Local
ProDBrtv taxes
Motor vehicle licenses
-
Nontaxes
Fines
Other
1957
462
604
671
605
770
883
826
809
773
968
1,044
1,019
9,333
10,652
12,154
13,317
14,562
15,928
17,407
18,835
19,903
21,551
23,825
25,698
2,899
3,508
4,115
4,333
4,801
5,366
5,847
6,264
6,469
7,103
7,989
8,590
2,716
1,051
1,020
427
218
3,202
1,330
1,176
407
289
3,715
1,584
1,318
439
374
3,882
1,609
1,451
418
404
4,317
1,828
1,625
442
422
4,815
2,118
1,791
462
444
5,220
2,347
1,968
449
456
5,546
2,509
2,100
471
466
5,766
2,557
2,296
455
458
6,324
2,838
2,491
514
481
7,100
3,208
2,788
566
538
7,559
3,512
2,892
567
588
183
306
400
451
484
551
627
718
703
779
889
1,031
4,836
244
5,346
294
5,938
333
6,642
374
7,143
416
7,696
468
8,385
514
9,096
563
9,673
600
10,448
647
11,453
668
12,609
678
1,033
321
1,153
351
1,340
428
1,494
474
1,625
577
1,774
624
1,980
681
2,176
736
2,291
870
2,499
854
2,791
924
2,850
971
- --
31
Contributions for social insurance
32
Federal crants-in-aid
33
34
Public assistance
35
36
Highways
37
Other
-
--
595
695
841
944
1,128
1,357
1,553
1,721
1,954
2,077
2,315
2,582
1,108
1,738
1,986
2,228
2,343
2,487
2,646
2,834
2,913
3,120
3,331
4,209
11,114
14,423
17,573
20,188
22,509
23,887
25,481
27,278
30,161
32,936
35,871
39,835
39
Purchases of goods and services
9,931
12,755
15,264
17,982
19,769
21,777
23,217
24,994
27,827
30,551
33,490
37,122
40
41
Compensation of employees
Other
6,195
3,736
7,338
5,417
8,521
6,743
9,442
8,540
10,145
9,624
11,159
10,618
12,252
10,965
13,334
11,660
14,698
13,129
15,838
14,713
17,621
15,869
19,558
17,564
42
Transfer payments to persons
1,723
2,320
2,995
2,982
3,575
3,119
3,342
3,452
3,592
3,815
3,937
4,347
43
Net interest paid
180
108
87
74
68
19
13
7
60
94
83
78
38
Expenditures
44
45
46
47
Interest paid
Less: Interest received by government
By social insurance funds
By other funds -
557
377
550
442
549
462
579
505
623
555
677
658
733
720
810
803
945
885
1,088
994
1,241
1,158
1,399
1,321
48
Subsidies less current surplus of government enterprises.
-720
-760
-773
-850
-903
-1,028
-1,091
-1,175
-1,318
-1,524
-1,639
-1,712
49
50
Subsidies
Less: Current surplus of government
enterprises.
0
720
0
760
0
773
0
850
0
903
0
1,028
0
1,091
0
1,175
0
1,318
0
1,524
0
1,639
0
1,712
51
0
0
0
0
0
0
0
0
0
0
0
0
52
Less: Wage accruals less disbursementsSurplus or deficit (—), national income and product accounts.
1,891
1,015
132
-725
-1,205
-442
-47
143
-1,112
-1,274
-875
-1,359
53
54
Social insurance funds
Other funds
342
1,549
398
617
512
-380
593
-1,318
715
-1,920
865
-1,307
1,002
-1,049
1,089
-946
1,268
-2,380
1,347
-2,621
1,491
-2,366
1,659
-3,018
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OP
CURRENT BUSINESS.
1. Prior to 1958, included in line 25.
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
109
1946-74, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-74
dollars]
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
41,952
46,446
49,882
54,005
58,491
63,228
69,538
75,133
84,820
5,350
6,066
6,710
7,362
8,200
8,837
9,992
10,927
12,781
1,829
366
2,229
401
2,536
483
2,800
559
3,180
584
3,432
644
4,018
738
4,417
793
76^
302
921
506
969
552
983
592
1,026
635
1,065
659
1,129
663
164
1.921
167
1,842
416
173
1,997
471
181
2,247
531
185
2,590
623
258
2,779
726
860
215
351
896
196
434
926
291
499
1,099
363
505
1,162
1,249
1,290
1,502
1,004
1968
1969
1970
1971
1972
1973*
1974*
93,598
107,240
119,678
134,941
152,607
177,430
193,818
209,406
1
14,603
17,434
20,579
23,117
26,398
33,049
36,465
39,760
2
5,422
840
6,292
913
8,061
960
9,993
1,062
11,114
1,082
12,669
1,209
17,460
1,443
19,138
1,509
20,637
1,503
3
4
1,201
689
1,319
689
1,502
796
1,678
869
1,823
965
1,919
1,048
2,096
1,126
2,308
1,211
2,412
1,242
5
6
274
3,170
872
289
3,538
1,048
306
4,205
1,239
1,379
722
325
4,972
1,444
341
5,774
1,683
365
6,612
1,963
423
7,710
2,428
428
9,125
2,893
442
10,482
3,228
466
11,833
3,647
613
13,353
4,116
7
8
1,159
304
590
1,290
353
655
1,446
347
697
1,692
451
823
2,007
587
934
2,409
642
1,040
2,859
667
1,123
3,329
734
1,219
3,998
892
1,342
4,551
1,012
1,691
5,068
1,058
2,060
5,719
1,194
2,324
1C
11
15
1,653
1,844
1,977
2,230
2,454
3,130
3,439
3,664
4,200
4,975
5,714
6,719
13
49,722
53,974
60,848
67,385
74,729
83,058
91,038
98,987
105,587
\4
19,953
21,370
25,074
28,463
31, 493
35,332
39,587
43,796
47,234
IS
19,426
9,515
5,021
1,077
1,679
2,134
22,873
11,764
5,501
1,177
2,030
2,401
25,694
13,307
5,975
1,310
2,111
2,991
28,128
14,726
6,393
1,493
2,426
3,090
31,367
16,595
6,870
1,620
2,601
3,681
34,991
18, 693
7,578
1,749
2,965
4,006
38,733
20,982
8,279
1,861
3,161
4,450
41,884
23,783
8,120
1,989
3,251
4,741
16
17
18
19
2C
21
27,167
29,284
31,960
34,433
36,951
39,380
42,579
46,096
9,979
11,132
12,156
13,020
14,013
14,975
16,454
18,185
8,900
3,512
2,969
575
639
1,205
9,982
4,059
3,216
626
800
1,281
10,817
4,441
3,397
667
962
1,350
11,588
4,848
3,562
714
1,038
1,426
12,557
5,394
3,792
766
1,100
1,505
13,413
5,788
3,988
831
1,184
1,622
14,522
6,439
4,212
887
1,22$
1,758
16,135
7,326
4,504
947
1,425
1,933
17,955
8,567
4,754
1,012
1,584
2,038
Line
1,079
1,150
1,339
1,432
1,456
1,562
1,932
2,050
1,998
1,944
2,201
2,769
3,365
3,965
4,596
5,063
5,350
22
13,764
673
14,812
721
16,238
765
17,580
783
18,958
820
20, 245
851
21,687
899
23,187
961
24,535
1,031
26,964
1,067
29,861
1,186
32,687
1,270
36,546
1,374
40,258
1,435
42,977
1,533
46,033
1,658
48,101
1,733
23
24
1,675
1,076
1,842
777
282
334
71
90
1,947
854
280
369
65
140
2,032
1,018
360
392
97
169
2,079
1,081
429
381
120
151
2,180
1,129
396
449
101
183
2,273
1,266
431
532
117
186
2,430
1,333
452
519
115
247
2,790
1,413
532
493
151
237
2,990
1,583
642
419
196
326
3,004
1,723
703
434
216
370
3,147
1,818
721
533
223
341
3,371
1,945
761
586
244
354
3,803
2,230
879
663
298
390
4,393
2,548
993
750
338
467
4,717
2,783
1,082
800
353
548
5,452
3,067
1,156
858
381
672
25
26
27
28
29
30
2,790
3,086
3,437
3,675
3,859
4,217
4,690
5,012
5,703
6,655
7,241
7,929
8,984
9,940
10,840
12,078
13,470
31
15,912
18,587
20,346
24,447
29,011
37,528
40,574
43,870
32
5,641
6,848
6,526
7,245
7,979
9,141
10,433
11,121
14,384
1,856
2,024
2,084
2,348
2,585
2,830
3,066
3,360
3,876
4,685
5,637
6,725
8,411
10,675
14,084
2,617
11,917
7,051
12,735
6,156
33
34
2,253
299
3,016
342
2,462
370
2,670
394
2,876
426
3,425
448
3,891
517
3,822
698
4,112
2,384
3,851
2,473
4,227
2,820
3,943
2,799
4,456
3,259
4,784
3,506
4,513
3,912
4,177
3,363
4,575
3,823
35
36
1,233
1,466
1,610
1,833
2,092
2,438
2,959
3,241
4,012
4,903
5,903
6,879
8,321
10,046
12,402
14,066
16,581
37
44,306
46,889
49,822
54,373
58,028
62,767
68,540
75,137
84,318
94,655
106,909
117,551
132,172
148,924
163,683
180,920
201,289
38
41,136
43,696
46,548
50,786
54,296
59,030
64,592
71,082
79,833
89,264
100,708
110,416
123,221
137,514
150,979
167,965
189,393
39
21,578
19,558
23,133
20,563
25,470
21,078
27,934
22,852
30,243
24,053
32,857
26,173
35,873
28,719
39,294
31,788
44,115
35,718
49,530
39,734
55,906
44,802
69,964
53,257
78,486
59,028
87,312
63,667
97,191
70,774
106,433
82,960
40
41
4,791
5,092
5,404
5,802
6,039
6,408
6,900
7,317
8,147
9,378
10,585
61,939
48,477
12,111
14,563
17,205
18,916
20,297
20,019
42
128
126
63
113
146
83
-104
-296
-660
-932
-1,221
-1,628
-2,012
-1,820
-2,145
-2,852
-3,585
43
1,566
1,438
490
948
1,782
1,656
617
1,039
2,052
1,989
728
1,261
2,248
2,135
846
1,289
2,467
2,321
958
1,363
2,675
2,592
1,072
1,520
2,920
3,024
1,246
1,778
3,141
3,437
1,345
2,092
3,441
4,101
1,607
2,494
3,751
4,683
1,916
2,767
4,147
5,368
2,190
3,178
4,763
6,391
2,417
3,974
5,513
7,525
2,818
4,707
6,425
8,245
3,355
4,890
6,928
9,073
3,824
5,249
8,329
11,181
4,224
6,957
9,395
12,980
4,556
8,424
-1,749
-2,025
-2,193
-2,328
-2,453
-2,754
-2,848
-2,966
-3,002
-3,055
-3,163
-3,348
-3,600
-3,805
-4,217
-4,510
-4,538
44
45
4e
47
48
0
1,749
0
2,025
0
2,193
0
2,328
0
2,453
12
2,766
10
2,858
18
2,984
24
3,026
26
3,081
27
3,190
25
3,373
24
3,624
34
3,839
53
4,270
81
4,591
114
4,652
49
5C
0
0
0
0
0
0
0
0
0
0
0
0
0
170
-150
-20
0
51
-2,354
-443
60
-368
463
461
998
-4
502
-1,057
331
2,127
2,769
3,683
13,747
12,898
8,117
55
1,756
—4,110
2,021
-2,464
2,294
-2,234
2,449
-2,817
2,583
-2,120
2,813
-2,352
3,191
-2,193
3,434
-3,438
3,978
-3,476
4,795
-5,852
5,344
-5,013
5,856
-3,729
6,754
-3,985
7,491
-3,808
8,133
5,614
8,844
4,054
9,771
-1,654
55
54
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
110
Table 3.4.—State and Local Government Receipts and Expenditures: Annually, 1946-74,
[Billions of
1946
Line
1
2
I
Receipts
Personal tax and nontax receipts
3
4
Income taxes
Estate and gift taxes
5
6
Motor vehicle licenses
Property taxes..
7
8
9
Other taxes
10
11
12
II
1947
IV
III
I
II
1948
IV
III
I
II
1949
III
IV
I
II
III
IV
12.2
12.6
13.3
13.9
14.6
15.2
15.7
16.3
16.9
17.5
18.0
18.4
18.8
19.0
19.9
20.0
1.5
1.5
1.5
1.5
1.7
1.7
1.8
1.8
2.0
2.0
2.1
2.1
2.3
2.4
2.4
2.4
Tuition and related educational
charges..
Hospital and health charges
Fines
_
!
13
Corporate profits tax accurals
.3
.4
.5
.6
.6
.6
.6
.6
.7
.7
.7
.7
.7
.6
.6
.6
14
Indirect business tax and nontax accruals .
8.9
9.2
9.5
9.7
10.0
10.4
10.8
11.3
11.7
12.0
12.4
12.6
12.9
13.2
13.5
13.8
15
Sales taxes
16
17
18
19
20
21
State.
General
Gasoline
22
Local
23
24
25
26
27
28
29
30
1
Tobacco...
Other l
Motor vehicle licenses
Other taxes
Nontaxes
Rents and royalties
. ..
Fines
31
Contributions for social insurance
32
Federal grants-in-aid
33
34
Public assistance . .
General revenue sharing.
35
36
Education
37
Other .
.
.5
.6
.6
.6
.7
.7
.7
.7
.8
.8
.9
.9
.9
.9
1.0
1.0
1.0
.9
1.2
1.4
1.6
1.8
1.8
1.8
1.8
1.9
2.1
2.2
2.1
2.0
2.5
2.3
.
..
i
10.0
10.5
11.5
12.3
13.3
13.9
14.9
15.5
16.5
17.2
18.0
18.3
18.9
19.8
20.7
21.1
39
Purchases of goods and services
8.9
9.4
10.2
11.1
12.0
12.4
12.9
13.6
14.0
14.8
15.7
16.3
16.9
17.7
18.5
18.7
40
41
5.8
3.1
6.0
3.4
6.3
3.9
6.7
4.4
7.0
5.0
7.2
5.2
7.4
5.5
7.8
5.8
8.0
6.0
8.3
6.5
8.7
7.0
9.1
7.3
9.2
9.3
8.4
9.6
9.7
9.0
42
Compensation of employees
Other
Transfer payments to persons
1.6
1.6
1.9
22
2.6
2.6
3.1
3.1
3.0
2.7
Net interest paid
1.9
o
1.8
43
.1
.1
.1
.1
.1
.1
.1
-.8
-.8
-.8
-.8
-.8
-.8
-.8
-.8
g
-.8
-.9
—.9
.0
.8
.0
.8
.0
.8
.0
.8
.0
.8
.0
.8
.0
.8
.0
.8
.0
.8
.0
.8
.0
.9
.0
.9
.0
38
Expenditures
0
.1
.1
44
45
46
47
Interest paid
Less: Interest received by government By social insurance funds
By other funds
48
Subsidies less current surplus of government enterprises.
-.7
49
50
Subsidies
Less: Current surplus of government
enterprises.
.0
.7
51
Less: Wage accruals less disbursementsSurplus or deficit (—), national income and product accounts.
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
52
2.2
2.1
1.8
1.6
1.3
1.3
.8
.8
.4
.2
.0
.1
53
54
Social insurance funds
7.7
2.8
.1
2.9
.1
8.9
3.0
.1
3.2
.1
1
-.7
.0
.7
-.7
.0
.7
-.7 i
.0
.7
.0
.0
.0
-.8
-.8
-1.1
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
111
and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-74—Continued
dollars]
I
II
in
IV
22.0
23.1
23.1
23.4
24.1
2.5
2.7
2.8
2.8
2.9
I
II
III
IV
20.5
21.0
21.8
2.5
2.5
2.5
1953
1952
1951
1950
n
III
IV
24.5
25.0
25.8
3.0
3.0
3.0
I
1954
1955
I
II
in
IV
27.9
28.4
28.7
29.3
29.8
3.3
3.4
3.5
3.5
3.6
I
II
III
IV
26.4
26.3
27.8
27.7
3.0
3.1
3.2
3.3
I
Line
II
III IV
30.5
31.2
32.2
32.8
1
3.8
3.9
4.0
4.1
2
3
4
5
7
8
9
10
11
12
.6
14.0
.7
14.3
.9
.9
1.0
.9
.8
.8
.8
.8
.8
.9
.9
.9
.8
.7
.7
.7
.8
.8
.9
1.0
1.0
1.0
13
14.9
15.0
15.6
15.6
16.0
16.4
16.7
17.2
17.6
18.1
18.4
18.7
19.0
19.3
19.5
19.7
20.0
20.4
20.8
21.2
21.8
22.4
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
1.0
2.4
1i
2.4
1 2
2.3
1.2
2.3
1.3
2.5
1 3
2.5
1.4
2.4
1.4
2.6
1.5
2.5
1.5
2.5
1.6
1.6
2.8
2.8
1.6
1.7
1.7
1.8
1.9
1.9
2.0
2.0
2.0
2,1
2.1
2.1
31
2.3
3.4
2.8
2.9
2.9
2.8
3.0
2.9
3.0
3.1
3.3
3.2
32
33
34
35
36
37
21.8
22.7
22.6
22.9
23.2
23.7
24.2
24.4
24.8
25.7
25.4
26.0
26.8
26.8
27.5
28.0
29.0
29.7
30.7
31.1
32.2
32.8
33.1
33.6
38
19.1
19.4
20.0
20.5
20.9
21.6
22.1
22.4
22.6
23.3
23.1
23.8
24.5
24.4
25.1
25.8
26.7
27.4
28.4
28.7
29.8
30.3
30.7
31.3
39
9.8
9.3
10.0
9.4
10.3
9.7
10.5
10.0
10.7
10.2
10.9
10.7
11.3
10.8
11.6
10.7
11.8
10.8
12.0
11.3
12.4
10.7
12.7
11.0
13.0
11.5
13.2
11.2
13.4
11.8
13.7
12.1
14.1
12.6
14.5
12.9
15.0
13.4
15.2
13.4
15.4
14.4
15.7
14.7
15.9
14.8
16.4
14.9
40
41
3.5
4.1
3.4
3.3
3.2
3.1
3.1
3.1
3.2
3.4
3.3
3.4
3.4
3.5
3.6
3.4
3.5
3.6
3.6
3.7
3.7
3.9
3.8
3.8
42
.1
.1
.0
.0
.0
.0
.0
.0
.0
.0
.0
.1
.1
.1
.1
.1
.1
.1
43
.1
.1
.0
.0
.0
.0
44
45
46
47
-.9
-.9
-.9
-.9
-1.0
-1.0
-1.0
-1.1
-1.1
-1.1
-1 1
-1.1
-1.1
-1.2
-1.2
-1.2
-1.3
-1.3
-1.3
-1.4
-1.4
-1.5
.0
.9
.0
.9
.0
.9
.0
.9
.0
1.0
.0
1.0
.0
1.0
.0
1.1
.0
1.1
.0
1.1
.0
1.1
.0
1.1
.0
1.1
.0
1.2
.0
1.2
.0
1.2
.0
1.3
.0
1.3
.0
1.3
.0
1.4
.0
1.4
.0
1.5
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
-.6
-.8
-.3
-.3
-.6
.4
.4
-.4
1.0
.2
-.1
-.6
-1.0
-1.4
-1.3
-1.6
.0
.0
.0
.0
.0
-1.4
-1.7
-.8
-.9
.0
-1.6 -1.6
48
.0
1.6
.0
1.6
.0
.0
.0
51
-1.6
-.9
-.9
52
49
50
53
54
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
112
Table 3.4.—State and Local Government Receipts and Expenditures: Annually, 1946-74,
[Billions of
1956
1957
1958
1959
Line
1
2
Receipts
Personal tax and nontax receipts
3
4
Estate and gift taxes
5
6
Motor vehicle licenses
Property taxes
7
8
9
10
11
12
III
33.7
34.6
35.5
4.4
4.4
4.5
I
II
36.2
37.7
38.1
4.6
4.8
4.9
IV
III
IV
I
II
III
IV
I
II
III
IV
38.8
39.3
40.1
41.3
42.0
44.4
45.0
45.3
47.7
47.8
5.0
5.1
5.2
5.3
5.4
5.5
5.8
5.9
6.2
6.3
1.8
1.8
1.8
1.8
2.0
2.1
2.4
2.4
1.6
1.6
1.6
1.6
1.9
2.0
2.0
2.0
1.9
2.0
1.8
1.8
1.9
1.9
1.8
Tuition and related educational
charges.
Hospital and health charges
Fines
Other
Corporate profits tax accruals
14
Indirect business tax and nontax accruals.
15
II
.....
13
16
17
18
19
20
21
I
1.0
1.1
1.0
1.1
1.1
1.0
1.0
.9
.9
.9
1.0
1.2
1.2
1.3
1.1
1.1
23.0
23.6
24.1
24.6
25.1
25.6
25.9
26.1
26.4
26.8
27.4
28.1
28.4
28.7
29.7
30.4
9.8
9.8
10.0
10.3
10.7
10.9
11.4
11.5
13.4
13.6
13.9
14.2
14.4
14.5
14.9
15.4
3.3
3.3
3.5
3.6
3.3
3.3
3.4
3.4
Sales taxes
State
Gasoline
Liquor
-
Other 1
22
23
24
25
26
27
28
29
30
r
Other taxes
31
Contributions for social insurance
2.2
2.3
2.4
2.4
2.5
2.6
2.6
2.7
2.7
2.8
2.8
2.9
3.0
3.1
3.1
3.2
32
Federal grants-in-aid.
3.1
3.3
3.5
3.5
4.2
4.0
4.2
4.5
4.8
5.6
5.4
6.8
6.7
6.4
7.5
6.8
33
34
General revenue sharing
35
36
37
Other
34.7
35.5
36.2
37.0
38.5
39.4
40.2
41.3
42.6
43.7
44.9
46.0
46.7
47.0
47.0
46.9
39
Purchases of goods and services
32.3
33.1
33.9
34.6
35.9
36.7
37.5
38.5
39.5
40.6
41.7
42.7
43.6
43.7
43.8
43.7
40
41
Compensation of employees
Other
16.9
15.5
17.3
15.8
17.9
16.0
18.4
16.2
18.8
17.1
19.3
17.4
19.8
17.6
20.3
18.1
20.8
18.7
21.4
19.2
21.8
19.9
22.2
20.5
22.6
20.9
22.9
20.8
23.3
20.5
23.7
20.0
42
Transfer payments to persons
3.9
3.9
3.9
4.1
4.2
4.3
4.4
4.5
4.7
4.8
4.8
4.9
5.0
5.1
5.1
5.2
43
Net interest paid
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.2
.2
.1
.1
.1
.2
1.6
1.4
1.4
1.3
1.5
1.3
1.9
1.7
1.7
1.6
1.7
1.6
1.8
1.7
1.9
1.7
38
44
45
46
47
48
Less: Interest received by government..
Subsidies less current surplus of government enterprises.
49
50
Subsidies
Less: Current surplus of government
enterprises.
51
Less: Wage accruals less disbursements. -
52
53
54
Surplus or deficit (—), national income and product accounts.
Other funds
-1.6
-1.6
-1.7
-1.7
-1.7
-1.7
-1.7
-1.7
-1.7
-1.7
-1.8
-1.8
-1.9
-2.0
-2.1
-2.1
.0
1.6
.0
1.6
.0
.0
.0
.0
.0
.0
.0
.0
1.7
,0
1.8
.0
1.8
.0
1.9
.0
2.0
.0
2.1
.0
2.1
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
-1.0
-.9
-.7
-.9
-.7
-1.3
-1.4
-2.0
-2.5
-2.4
-2.9
-1.7
-1.7
-1.6
.7
.9
1.7
-4.2
1.6
-3.9
1.8
-4.7
1.9
-3.6
2.0
-3.8
2.0
-3.6
2.0
-1.4
2.1
-1.1
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
113
and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-74—Continued
dollars]
1962
1961
1960
1964
1963
1965
Line
II
III
IV
57.1
58.0
58.9
7.9
8.1
8.3
3.0
3.1
3.1
2.3
2.3
2.3
2.3
2.4
2.5
I
II
III
IV
I
II
III
IV
48.3
49.6
50.5
51.1
52.5
53.3
54.5
55.7
6.5
6.7
6.8
6.9
7.0
7.2
7.5
7.7
2.5
2.5
2.6
2.6
2.6
2.7
2.9
2.1
2.2
2.2
2.3
2.3
2.3
1.9
2.0
2.0
2.1
2.1
2.2
I
I
II
III
IV
60.0
61.0
62.3
64.1
8.5
8.6
8.7
8.9
3.2
3.3
3.3
3.3
2.4
2.5
2.5
2.6
2.6
2.6
2.7
2.7
I
II
III
IV
I
II
III
IV
65.6
67.2
68.8
70.5
71.6
72.6
74.2
75.9
77.7
1
9.1
9.4
9.8
10.2
10.5
10.7
10.8
11.0
11.2
2
3.5
3.6
3.7
4.0
4.1
4.2
4.3
4.4
4.4
4.5
3
4
2.6
2.6
2.7
2.7
2.8
2.8
2.9
2.9
3.0
3.0
3.0
5
6
2.8
2.8
2.8
2.9
3.1
3.3
3.4
3.5
3.5
3.5
3.6
7
8
9
10
11
12
1.4
1.3
1.2
1.1
1.1
1.2
1.3
1.5
1.5
1.5
1.5
1.5
1.5
1.7
1.7
1.7
1.8
1.8
1.9
1.8
1.9
1.9
2.0
2.1
13
30.9
31.7
32.3
33.0
33.5
34.1
34.7
35.5
36.2
36.7
37.2
37.7
38.2
38.9
39.8
40.5
41.4
42,1
43.2
43.7
44.6
45.5
46.6
47.7
14
11.8
12.1
12.3
12.4
12.6
12.8
13.2
13.6
13.9
13.9
14.0
14.2
14.3
14.7
15.3
15.6
16.1
16.3
16.7
16.7
17.2
17.8
18.5
19.2
15
16
17
18
19
20
21
22
15.6
1"
16.0
16.5
16.9
17.2
17.5
17.7
3.5
3.6
3.6
3.7
3.8
3.9
18.0
18.3
18.7
3.9
3.9
4.0
19.2
4.0
19.6
4.0
19.9
4.1
20.1
20.4
4.1
4.2
20.6
4.2
21.0
21.4
4.3
4.4
21.9
4.5
22.4
22.8
23.1
23.3
4.6
4.6
4.7
4.8
23.6
4.8
f
23
24
is
28
29
30
3.3
3.4
3.5
3.5
3.6
3.6
3.7
3.8
3.8
3.8
3.9
4.0
4.1
4.2
4.3
4.4
4.5
4.7
4.7
4.8
4.9
4.9
5.1
5.2
6.2
6.6
6.7
6.6
7.2
7.2
7.3
7.4
7.8
7.9
7.9
8.3
8.5
8.8
9.4
9.9
10.1
10.4
10.5
10.7
10.5
11.0
11.3
11.6
31
32
33
34
35
36
37
48.1
49.5
50.5
51.2
44.9
46.2
47.2
47.9
57.0
57.5
52.7
53.1
53.8
28.9
23.9
29.5
23.6
53.2
53.4
54.4
56.4
49.7
49.9
50.8
59.3
60.8
54.7
55.6
57.1
30.0
23.8
30.4
24.2
31.1
24.5
31.9
25.2
58.3
61.7
66.3
68.2
61.2
62.4
33.9
27.3
34.8
27.7
63.5
65.1
58.0
59.8
32.5
25.6
33.1
26.6
69.2
70.3
64.2
65.3
66.4
67.8
69.9
35.5
28.7
36.2
37.0
29.4
37.8
29.9
38.7
31.2
71.7
73.8
76.7
78.3
38
72.5
74.1
39
39.8
32.7
40.8
33.4
40
41
42
24.6
20.3
25.2
21.0
25.8
21.4
26.3
21.5
27.0
22.7
27.6
22.3
28.3
22.5
5.3
5.3
5.5
5.6
5.7
5.8
5.8
5.9
6.0
6.0
6.0
6.1
6.2
6.3
6.5
6.6
6.7
6.9
6.9
7.1
7.2
7.3
7.4
7.5
1
.1
1
.0
.1
.1
.1
.2
.2
.1
.1
.2
.2
.1
.0
.1
.0
.0
—.1
—.2
—.2
—.3
—.3
—.4
43
2.1
2.0
2.1
2.1
2.0
1.9
2.0
1.9
2.0
1.9
2.2
2.1
2.3
2.2
2.4
2.3
2.5
2.3
2.4
2.3
2.5
2.4
2.5
2.3
2.5
2.4
2.6
2.5
2.7
2.7
2.9
2.8
2.9
2.9
3.0
3.1
2.8
3.0
2.9
3.1
3.0
3.3
3.2
3.5
3.2
3.4
3.2
3.6
44
45
46
47
-2.1
-2.2
-2.2
-2.2
-2.3
-2.3
-2.3
-2.4
-2.4
-2.4
-2.4
-2.6
-2.7
-2.7
-2.8
-2.8
-2.8
-2.8
-2.9
-3.0
-3.0
-3.0
-2.9 -3.0
48
.0
2.1
.0
2.2
.0
2.2
.0
2.2
.0
2.3
.0
2.3
.0
2.3
.0
2.4
.0
2.4
.0
2.4
.0
2.4
.0
2.6
.0
2.7
.0
2.7
.0
2.8
.0
2.8
.0
2.8
.0
2.8
.0
2.9
.0
3.0
.0
3.0
.0
3.0
•o.
29.1
.0
3.0
.0
3.0
49
50
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
51
.2
.2
.0
-.1
-.8
-.1
.1
-.7
.1
.5
.6
.7
.2
.5
.6
.5
.9
.6
1.3
1.2
.9
.4
-.8
-.6
52
2.2
-2.0
2.3
-2.1
2.3
-2.3
2.3
-2.5
2.4
-3.1
2.4
-2.5
2.5
-2.4
2.5
-3.2
2.5
-2.4
2.5
-2.1
2.6
-2.1
2.6
-1.9
2.7
-2.5
2.8
-2.2
2.9
-2.3
3.0
-2.4
3.1
-2.2
&2
-2.6
3.2
-1.9
3.3
-2.0
3.3
-2.4
3.4
3.4 3.6
-3.0 -4.2 - 4 . 1
53
54
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
114
Table 3.4.—State and Local Government Receipts and Expenditures: Annually, 1946-74,
[Billions of
1966
Line
1
2
Personal tax and nontax receiots
3
4
5
Tncvmift tftXM
7
g
9
Other taxes
Nontaxes
Tuition and related educational
charges.
Hospital and health charges
Fines
Other
10
11
12
Motor vehicle licenses
13
Corporate profits tax accruals
Indirect business tax and nontax accruals.
Sales taxes
16
17
18
19
20
21
State
General
Gasoline.
Liquor...
22
Local
23
24
25
26
27
28
29
30
I
II
III
IV
I
II
III
IV
81.0
83.8
86.3
88.2
90.1
91.0
94.7
98.6
102.4
106.1
108.8
111.6
11.7
12.4
13.2
13.9
14.2
14.3
14.7
15.2
16.2
17.0
17.9
18.7
4.8
5.2
5.6
6.0
6.1
6.1
6.4
6.6
7.4
7.8
8.3
8.7
3.0
3.1
3.2
3.3
3.3
3.3
3.4
3.4
3.5
3.6
3.6
3.7
3.8
4.1
4.3
4.6
4.8
4.9
5.0
5.1
5.4
5.6
5.9
6 2
2.3
2.3
2.2
2.2
2.4
2.4
2.4
2.6
3.1
3.1
3.1
3.2
48.4
49.2
50.2
51.1
51.8
52.9
54.8
56.5
58.2
60.0
61.8
63.3
19.5
19.7
20.2
20.4
20.4
20.7
21.8
22.7
23.6
24.6
25.6
26.4
23.9
24.3
24.7
25.2
25.8
26.6
27.3
28.1
28.8
29.5
30.2
30.9
5.1
5.3
5.5
5.6
5.6
5.7
5.7
5.8
5.9
5.9
6.1
5.4
5.6
5.8
6.1
6.3
6.6
6.8
6.9
7.1
7.2
7.3
7.4
13.3
14.4
14.9
15.0
15.3
14.9
16.0
17.5
17.8
18.8
18.8
18.9
80.5
82.9
85.2
88.7
91.5
93.5
95.3
98.3
102.6
105.8
107.9
111.4
76.2
78.5
80.6
84.0
86.6
88.2
89.8
92.5
96.7
99.6
101.6
104.9
42.1
34.2
43.3
35.2
44.8
35.8
46.3
37.7
47.4
39.1
48.7
39.5
50.3
39.5
51.7
40.8
53.6
43.2
55.1
44.4
58.2
46 8
7.7
8.0
8.3
8.6
8.9
9.2
9.5
9.9
10.1
10.4
56.7
44.8
10.8
-.9
-.8
-1.0
-1.0
-1.1
-1.1
-1.3
-1.4
-
Other*
Motor vehicle licenses
1
Rents and royalties
Special assessments..
Fines
Other
31
Contributions for social insurance
32
Federal grants-in-aid
33
34
IV
III
1968
Estate and eift taxes
14
15
II
I
1967
--
Public assistance
General revenue sharing
35
36
37
38
39
Other
Expenditures
Purchases of coods and services
40
41
42
43
44
45
46
47
Transfer Davments to Dersons
-
Net interest paid
Less: Interest received by government.
By social insurance funds
By other funds
11.1
-.5
-.6
-.7
-.8
3.3
3.9
3.4
4.0
3.5
4.2
3.5
4.3
3.4
4.2
3.4
4.2
3.9
4.9
4.3
5.3
4.4
5.5
4.6
5.7
3.9
5.1
3.8
5.2
48
Subsidies less current surplus of government enterprises.
-2.9
-3.0
-3.0
-3.1
-3.1
-3.1
-3.0
-3.1
-3.1
-3.1
-3.2
-3.2
49
50
Subsidies
Less: Current surplus of government
enterprises.
.0
3.0
.0
3.0
.0
3.0
.0
3.1
.0
3.1
.0
3.1
.0
3.0
.0
3.1
.0
3.1
.0
3.1
.0
3.2
.0
3.3
51
Less: Wage accruals less disbursements..
52
53
54
Surplus or deficit ( - ) , national
income and product accounts.
Social insurance funds
Other funds
. .
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.5
.9
1.1
-.5
-1.4
-2.5
-.6
.3
-.2
.4
.9
.2
3.7
-3.2
3.8
-2.9
4.1
-3.0
4.3
-4.8
4.4
-5.8
4.5
-7.0
5.0
-5.6
5.3
-5.0
5.3
-5.6
5.6
-5.2
5.2
-4.3
5.2
-5.0
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
115
and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-74—Continued
dollars]
1972
1971
1970
1969
1973*
1974*
Line
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
114.3
117.6
121.4
125.4
129.9
133.4
137.0
139.5
145.5
151.1
154.4
159.4
165.5
177.2
175.5
191.5
190.3
192.1
195.2
197.6
201.9
19.4
20.1
21.2
21.7
22.3
22.9
23.4
23.9
24.9
26.1
26.6
28.0
30.7
33.0
33.7
34.8
34.7
35.7
37.2
38.3
37.9
38.9
40.7
41.5
2
9.1
9.6
10.5
10.7
11.0
11.1
11.2
11.2
11.8
12.6
12.7
13.7
15.9
17.7
17.8
18.4
17.8
18.7
19.6
20.4
19.6
20.1
21.3
21.6
3
4
3.8
3.9
40
41
42
43
43
44
45
46
47
4.7
48
5.0
5.2
5.4
5.5
5.4
5.5
5.6
5.6
5.7
5.8
6.0
5
6
6.4
6.5
6.7
6.8
7.1
7.5
7.9
8.3
8.7
9.0
9.3
9.6
9.9
10.3
10.7
11.0
11.4
11.7
12.0
12.3
12.7
13.1
13.6
14.0
7
8
9
II
III
IV
207.3 213.5 214.9
1
10
11
12
3.6
3.5
3.3
3.3
3.7
3.7
3.8
3.5
4.0
41
4.3
4.4
47
4.8
5.0
5.5
5.7
5.8
5.6
5.7
6.3
64.6
66.4
68.3
70.2
71.8
73.9
75.8
77.3
79.9
81.9
84.3
86.2
87.9
90.0
91.9
94.3
96.8
98.3
100.1
100.8
102.1
27.0
28.0
29.0
29.9
30.5
31.3
32.0
32.2
33.5
345
36.1
37.2
37.9
39.0
40.0
41.5
42.9
43.3
44.7
443
44.6
6.7
7.6
6.3
13
104 9 107.6 107.8
14
46.9
48.8
48.7
15
16
17
18
19
20
21
22
31.6
32.3
33.0
33.9
34.9
36.0
37.1
38.2
39.1
39.9
40.7
41.3
42.0
42.6
43.3
440
44.9
45.9
46.3
47.1
47.7
47.9
48.2
48.6
6.1
6.2
6.3
6.4
6.5
6.6
6.8
6.9
7.3
7.4
7.6
7.6
8.0
8.3
8.6
8.9
9.0
9.1
9.2
9.4
9.8
10.1
10.5
10.6
23
1»
I 26
7.6
7.8
8.1
8.3
8.6
8.9
9.1
9.3
9.6
9.8
10.1
10.3
10.5
10.7
10.9
11.2
11.5
11.9
12.3
12.6
12.9
13.3
19.1
19.8
20.5
22.0
23.5
24.0
24.8
25.4
27.2
29.1
29.1
30.6
31.6
38.7
34.1
45.7
41.6
40.4
40.1
40.2
42.7
43.4
13.7
14.0
44.0 45.4
27
28
29
30
31
32
33
34
35
36
37
113.6
116.6
118.6
121.4
125.6
129.5
134.6
139.0
143.9
147.9
150.1
153.8
158.9
160.8
165.3
169.7
174.4
178.9
182.8
107.0
109.7
111.4
113.6
117.4
121.0
125.4
129.1
132.9
136.2
139.0
142.0
145.9
148.4
152.7
157.0
161.6
165.8
170.0
174 5
59.5
47.5
60.9
48.7
62.8
48.6
64.6
49.1
67.0
60.4
69.1
61.9
71.0
54.4
72.8
56.4
75.6
57.3
77.6
58.6
79.6
59.4
81.2
60.8
83.8
62.1
86.0
62.4
88.6
64.1
90.9
66.1
93.6
68.0
96.3
69.5
98.5
71.5
100.4
74.1
11.5
11.8
12.3
12.8
13.4
14.2
14.9
15.7
16.3
17.0
17.5
18.0
18.2
18.7
19.2
19.5
19.8
20.1
20.4
20.9
-1.9
-1.8
-2.0
-2.4
-2.4
-2.6
-2.5
-3.0
-3.4
187.5
192.6
199.1 204.5 209.0
38
181.4
187.6 192.3 196.3
39
102.9
78.5
40
41
19.3
105.2 107.6 110.0
82.4 84.7 86.3
19.7 20.4 20.7
-3.7
-3.7 -3.6 -3.3
43
-1.6
-1.6
-1.7
-1.6
-1.7
-2.1
-2.0
-2.2
-1.5
-1.5
-2.3
4.3
5.9
4.5
6.1
4.8
6.6
5.3
5.6
5.6
5.5
5.4
5.1
6.7
6.3
7.7
7.3
9.6
7.1
9.0
6.8
8.5
6.8
8.8
6.8
9.2
7.4
9.8
8.2
10.7
8.4
10.9
8.5
11.4
8.3
11.6
8.4
12.1
-3.3
-3.3
-3.4
-3.4
-3.5
-3.6
-3.7
-3.6
-3.7'
-3.8
-3.8
-3.9
-4.1
-43
-4.2
-4.4
-4.5
-4.5
-4.6
-4.4
-4.3
.0
3.3
.0
3.3
.0
3.4
.0
3.4
.0
3.5
.0
3.6
.0
3.7
.0
3.7
.0
3.8
.0
3.8
.0
3.8
.0
4.0
.0
4.1
.1
4.3
.1
4.2
.1
4.4
.1
4.5
.1
4.6
.1
4.7
.1
4.5
.1
4.4
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.3
.4
-.6
-.1
.0
.0
.0
-.1
.0
.0
.0
.0
.5
1.6
3.2
4.2
5.6
6.6
16.3
10.3
21.8
15.9
13.2
12.4
10.1
9.4
8.2
6.9
-6.4
6.6
-5.0
7.3
-4.0
8.2
-4.0
7.8
-2.2
7.9
-1.3
8.0
8.3
8.2
2.1
8.4
13.4
8.6
7.3
8.8
44
8.9
3.6
9.1
1.0
9.3
.1
9.6
-1.4
.7
1.0
2.8
4.0
4.3
3.9
2.4
5.5
-4.8
5.7
-4.7
6.0
-3.2
6.2
-2.3
6.5
-2.2
6.7
-2.8
6.8
-4.5
9.6
13.4
9.7
13.3
42
9.9
13.2
44
45
46
47
-4.5 -4.6 -4.7
48
.1
4.6
.1
4.8
.1
4.8
49
50
.0
.0
51
9.1
5.9
52
10.0 10.2
- . 9 -4.3
63
54
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
116
Table 3.5.—State and Local Government Receipts and Expenditures:
[Billions of
1946
Line
II
Receipts
Personal tax and nontax receipts
Corporate profits tax accruals
Indirect business tax and nontax accruals.
Contributions fox social insurance
Federal grants-in-aid
-.-
1947
III
3.0
3.1
.5
.1
2.2
.1
.2
.4
.1
2.3
.2
.2
IV
3.3
1948
II
III
IV
1949
II
3.5
3.6
3.8
3.9
4.1
.1
2.4
.2
.3
.2
2.5
.2
.4
.5
.1
2.4
.2
.4
.5
.1
2.6
.2
.4
.4
.1
2.7
.2
.5
.4
.2
2.9
.2
.5
III
IV
III
IV
4.2
4.4
4.5
4.6
4.7
4.8
4.9
5.0
.2
2.8
.2
.4
.5
.2
3.0
.2
.4
.5
.2
3.1
.2
.5
.4
.2
3.2
.2
.6
.7
.2
3.1
.2
.5
.1
3.3
2.
.5
.5
.2
3.4
.2
.6
.5
.2
3.5
.2
2.4
2.6
3.0
3.1
3.1
3.5
3.9
3.9
3.9
4.3
4.7
4.6
4.4
5.0
5.5
5.3
Purchases of goods and services _
Transfer payments to persons
Net interest paid
—.
Subsidies less current surplus of government enterprises.
Subsidies
Less: Current surplus of government
enterprises.
Less: Wage accruals less disbursements...
2.1
.4
.1
-.2
2.4
.4
.0
-.2
2.7
.5
.0
-.2
2.8
.5
.0
-.2
2.8
.5
.0
-.2
3.1
.5
.0
-.2
3.4
.7
.0
-.2
3.4
.6
.0
-.2
3.3
.8
.0
-.2
3.7
.8
.0
-.2
4.2
.8
.0
-.2
4.1
.7
.0
-.2
3.9
.7
.0
-.2
4.5
.7
.0
-.2
49
.8
.0
-.2
4.7
.8
.0
-.2
.0
.2
.0
.2
.0
.2
.0
.2
.0
.2
.0
.2
.0
.2
.0
.0
.2
.0
.2
.0
.2
.0
.2
.0
.2
.0
.2
.0
.2
.0
.2
.0
.0
.0
.0
.0
.0
.0
.0
•0
.0
.0
.0
.0
.0
.0
Surplus or deficit ( - ) . national income and product accounts.
.6
.5
.3
.4
.5
.3
.0
.3
.0
-.3
.0
.3
-.2
-.5
-.3
II
III
IV
Expenditures
1956
Line
II
Receipts
Personal tax and nontax receipts
Corporate profits tax accruals
Indirect business tax and nontax accruals.
Contributions for social insurance
Federal grants-in-aid
Expenditures
Purchases of goods and services
Transfer payments to persons.
Net interest paid...
Subsidies less current surplus of government enterprises
Subsidies
Less: Current surplus of government
enterprises
Less: Wage accruals less disbursementsSurplus or deficit (-), national
income and product accounts
.2
.0
.2
1957
III
IV
II
1958
III
IV
1959
II
III
IV
8.4
8.7
8.9
9.0
9.3
9.6
9.7
9.8
9.9
10.4
10.5
11.1
10.6
12.1
10.7
13.1
1.2
.3
5.7
.5
.7
1.2
.3
5.9
.6
.8
1.1
.2
6.0
1.0
.3
6.2
.6
1.3
.3
6.1
1.4
.3
6.4
.6
1.1
.3
6.5
.7
1.2
1.1
.2
6.6
.7
1.2
1.4
.2
6.5
.7
1.1
1.5
.2
6.7
.7
1.2
1.2
.3
6.9
.7
1.5
1.2
.3
7.1
.7
1.8
1.6
.3
6.6
.8
1.5
1.8
.3
7.7
.8
1.5
1.2
.3
6.3
.8
2.1
1.4
.3
8.8
.8
1.8
8.0
9.0
9.7
9.3
8.9
9.9
10.7
10.4
9.8
11.0
11.9
11.6
10.9
11.8
12.4
11.8
7.4
1.0
.0
8.4
1.0
.0
9.1
1.0
.0
8.6
1.0
.0
8.2
1.0
.0
9.3
1.1
.0
10.0
1.1
.0
9.6
1.1
.0
9.1
1.2
.0
10.2
1.2
.0
11.1
1.2
.0
10.8
1.2
.0
10.1
1.3
.0
11.0
1.3
.0
11.6
1.3
.1
11.0
1.3
.0
—.4
.0
—.4
.0
—.4
.0
—.4
.0
—.4
.0
—.4
.0
— 4
.0
— 4
.0
—.4
.0
—.4
.0
—.4
.0
—.4
.0
—.5
.0
—.5
.0
—.5
.0
—.5
.0
.4
.0
.4
.0
.4
.0
.4
.0
.4
.0
.4
.0
.4
.0
.4
.0
.4
.0
.4
.0
.4
.0
.4
.0
.5
.0
.5
.0
.5
.0
.5
.0
.4
—.2
-.8
—.2
.4
—.3
—.9
—.5
.0
—.6
-1.4
—.4
—.3
.3
-1.7
1.2
1966
1967
1968
Line
II
Receipts..
Personal tax and nontax receipts.
Corporate profits tax accruals
Indirect business tax and nontax accruals.
Contributions for social insurance
Federal grants-in-aid
Expenditures.
Purchases of goods and services
Transfer payments to persons. _
Net interest paid.
Subsidies less current surplus of government enterprises.
Subsidies
Less: Current surplus of government
enterprises.
Less: Wage accruals less disbursements..
Surplus or deficit ( - ) , national income and product accounts.
III
IV
II
IV
II
IV
III
19.3
22.0
19.7
23.9
21.4
23.1
22.2
26.9
24.5
27.6
24.8
30.3
3.1
.5
11.2
1.3
3.1
3.7
.6
12.7
1.4
3.6
2.9
.5
10.9
1.5
3.9
3.1
.6
14.9
1.5
3.8
3.7
.6
12.0
1.6
3.6
4.1
.6
13.2
1.6
3.5
3.3
.6
12.2
1.7
4.4
3.6
.7
16.5
1.7
4.4
4.3
.7
13.6
1.8
4.1
5.1
.8
15.1
1.8
4.9
3.9
.8
13.6
1.8
4.8
4.1
.8
18.6
1.9
4.8
19.0
21.0
22.2
22.1
21.6
23.7
24.8
24.6
24.4
26.8
28.1
27.7
18.0
1.9
-.2
-.7
19.9
2.0
—.1
-.7
21.0
2.1
-.1
-.8
21.0
2.2
-.2
-.8
20.4
2.2
-.3
-.8
22.4
2.3
-.2
-.8
23.4
2.4
-.2
-.7
23.1
2.5
-.3
-.8
22.9
2.5
-.3
-.8
25.3
2.6
-.3
-.8
26.5
2.7
-.3
-.8
26.1
2.8
—.4
-.8
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.7
.7
.8
.8
.8
.0
.0
.0
.0
.0
.3
1.0
-2.6
1.8
* Revised estimates for 1973 and 1974 will be shown in the September 1976 SURVEY OF
CURRENT BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977
SURVEY OF CURRENT BUSINESS.
III
-.2
.8
.0
-.6
.0
-2.6
.0
2.3
.0
.0
.8
.8
.0
.0
-3.2
2.6
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
117
Quarterly Totals Not Seasonally Adjusted, 1946-74
dollars]
1950
1952
1951
1953
1954
1955
Line
5.8
5.8
6.0
6.1
6.3
6.4
.8
.2
3.8
.3
.7
.2
3.9
.3
.6
.2
4.0
.3
.6
.2
4.2
.4
.7
.9
.2
4.1
.4
.6
.8
.2
4.3
.4
.6
.7
.2
4.4
.4
.7
6.5
5.2
5.7
5.9
5.7
5.5
6.0
6.4
6.1
5.8
4.5
.9
.0
-.2
4.9
1.0
.0
-.2
5.3
5.1
.8
.0
-.2
4.9
.8
.0
-.2
5.4
.8
.0
-.3
5.8
.8
.0
5.6
.8
.0
-.3
.0
.3
.0
-.2
.0
.0
.0
.0
.2
.2
.2
.2
.0
.0
.0
.0
.0
-.5
.0
-.2
-.5
.0
6.6
6.5
7.0
6.9
.7
.2
4.6
.4
.7
.9
.2
4.5
.4
.5
.9
.2
4.7
.4
.8
.7
.2
4.8
.4
.7
I
II
III
IV
I
II
III
7.0
7.0
7.3
7.3
7.4
7.5
7.9
8.0
8.2
.7
.2
4.9
.5
.8
1.0
.2
4.8
.5
.7
1.0
.2
5.0
.5
.7
1.0
.2
5.0
.5
.7
1.1
.2
5.3
.5
.7
.9
.2
5.5
.5
.9
.9
.3
5.7
.5
.8
.8
.2
5.2
.5
.8
6.7
6.5
6.2
6.8
7.3
7.0
6.7
7.5
8.2
7.7
7.5
8.3
8.8
8.4
5.9
.9
.0
-.3
5.9
.8
.0
-.3
5.7
.8
.0
-.3
6.2
.9
.0
-.3
6.7
.9
.0
—.3
6.4
.9
.0
-.3
6.1
Q
.0
-.3
6.9
Q
0
-.3
7.6
.0
-.3
7.1
.9
.0
-.3
6.9
.9
.0
7.7
1.0
.0
-.4
8.2
1.0
.0
-.4
7.8
1.0
.0
-.4
.0
.3
.0
.3
.0
.3
.0
.4
.0
.4
.0
.4
.0
.0
.0
.0
.0
-.2
-.5
-.1
.4
-.2
.0
.0
.0
.0
.1
.3
.3
.0
.0
.0
A
.0
.0
.0
.0
.0
.0
-.3
.0
-.4
-.8
.0
.4
.0
-.3
-.4
.3
-.2
-.9
-.1
.3
1962
1961
1960
II
III
IV
I
II
III
11.5
13.1
11.3
14.1
12.4
14.1
12.2
1.7
.3
7.2
.8
1.4
2.0
.3
8.4
.8
1.5
1.4
.3
6.9
.9
1.9
1.6
.3
9.6
.9
1.7
1.9
.3
7.7
.9
1.6
2.2
.3
9.0
.9
1.7
1.5
.3
7.4
.9
2.0
I
cob
.2
3.7
.3
III
OCO
3.6
.3
II
ooenotooo
5.8
I
cob
III
cob
II
cob
.5
.2
3.8
I
cob
5.5
IV
cooooto
5.4
III
cob
5.2
II
OCO
IV
COQOOCO
.8
.1
3.4
.3
.6
III
cob
5.1
II
1963
I
II
III
IV
15.4
13.5
15.2
13.2
1.7
.4
10.3
.9
2.0
2.1
.3
8.3
.9
1.8
2.4
.4
9.6
1.0
1.8
1.7
.4
7.9
1.0
2.2
1964
I
II
III
IV
16.6
14.5
16.2
14.4
1.9
.4
11.1
1.0
2.2
2.3
.4
8.8
1.0
2.0
2.6
.4
10.1
1.0
2.0
1.8
.4
8.5
1.1
2.6
I
II
III
18.2
16.2
17.6
16.1
2.1
.4
12.0
1.1
2.6
2.7
.4
9.7
1.1
2.3
2.9
.5
10.7
1.2
2.4
2.1
.5
9.4
1.2
3.0
I
II
III
19.7
17.0
19.3
17.2
21.6
2.4
.5
12.8
1.2
2.8
2.8
.4
10.2
1.2
2.4
3.1
.5
11.6
1.2
2.7
2.4
.5
10.1
1.3
3.0
2.6
.5
14.2
1.3
3.0
11.3
12.4
13.3
12.9
12.5
13.4
14.3
14.1
13.5
14.3
15.2
15.1
14.2
15.6
16.7
16.2
15.6
17.3
18.2
17.5
16.9
18.7
20.0
19.5
10.5
1.3
.0
—.5
11.6
1.3
.0
—.5
12.4
1.4
.0
—.6
12.1
1.4
.0
—.6
11.6
1.4
.0
—.6
12.5
1.4
.0
—.6
13.4
1.4
.1
—.6
13.3
1.5
.0
—.6
12.5
1.5
.0
—.6
13.4
1.5
.0
—.6
14.3
1.5
.0
—.6
14.2
1.5
.0
13.3
1.6
.0
14.7
1.6
.0
—.7
15.8
1.6
.0
15.3
1.6
.0
—.7
14.6
1.7
.0
—.7
16.3
1.7
.0
—.7
17.2
1.7
.0
—.7
16.5
1.8
.0
16.0
1.8
—. 1
—.7
17.7
1.8
—.1
—.8
18.9
1.8
.0
—.7
18.5
1.9
—.1
-.7
.0
.5
.0
.0
.6
.0
.6
.0
.6
.0
.6
.0
.6
.0
.6
.0
.6
.0
.6
.0
.6
.0
.6
.0
.0
.7
.0
.7
.0
.0
.7
OOO
.0
.7
.0
.1
.0
.0
.2
.5
.0
.7
.0
.0
-2.0
1.2
.0
—.1
.0
.0
.0
.0
.0
.0
.0
—.7
.0
.7
.0
.7
—2.2
1.2
.0
.9
—2.0
1.5
.3
.0
.7
.0
—.7
.0
.7
.0
.0
.0
.0
.7
.0
2.0
.7
.3
.7
.0
.0
.6
-2.3
-2.1
.0
.0
.6 -2.8
2.2
I
I
II
33.6
31.0
34.8
5.1
.8
20.1
2.1
5.6
5.7
.9
16.8
2.1
5.4
6.5
1.0
18.8
2.2
6.4
5.2
.9
16.5
2.3
6.2
5.8
.9
22.6
2.3
6.4
30.6
30.1
30.3
32.7
34.7
28.8
3.1
-.4
-.8
28.2
3.2
-.5
-.8
28.2
3.4
-.5
— 9
30.5
3.5
-.5
-.9
32.3
3.7
-.5
-.9
.0
.9
.0
.0
.9
.0
.9
.0
.9
II
III
IV
27.3
30.2
28.6
5.1
.9
15.1
1.9
4.4
5.9
.9
16.3
1.9
5.1
4.6
.8
16.0
2.0
5.2
27.4
29.5
25.7
2.9
-.4
-.8
27.7
3.0
-.4
-.8
.0
.8
.0
.8
1972
1971
1970
III
31.1
III
IV
39.8
45.5
41.1
51.1
45.6
7.9
1.1
20.7
2.6
7.4
9.3
1.2
22.0
2.7
10.3
7.8
1.2
20.9
2.7
8.3
8.0
1.4
27.4
2.8
11.5
9.0
1.3
22.5
2.9
38.4
38.8
40.6
42.2
42.1
35.5
4.5
-.6
-1.0
35.5
4.6
-.4
-1.0
37.5
4.7
-.5
-1.1
38.9
4.8
-.5
-1.0
39.1
4.9
-.8
-1.1
.0
1.0
.0
1.0
.0
1.1
.0
1.0
.0
1.1
III
IV
34.5
38.4
36.3
43.4
6.3
.9
18.6
2.4
6.4
7.3
1.1
19.8
2.5
7.8
5.9
1.1
19.5
2.5
7.2
6.9
1.1
25.1
2.6
7.7
34.6
34.9
37.3
38.4
32.1
3.9
32.2
4.1
-.4
-.9
34.3
4.2
—.3
-.9
35.6
4.4
-.5
-1.0
.0
.0
1.0
.0
1.0
38.0
2.1
1973*
II
II
.0
.7
1974*
II
III
IV
II
III
IV
48.8
45.3
54.0
1.5
24.0
3.0
10.6
8.6
1.4
22.5
3.1
9.8
9.2
1.5
30.0
3.1
10.2
49.1
52.3
49.9
58.1
9.7
1.5
24.4
3.2
10.2
10.1
1.8
25.8
3.3
11.4
9.7
1.9
24.2
3.4
10.7
10.2
1.6
31.2
3.5
11.5
42.8
45.2
46.3
39.4
5.0
-.4
-1.1
41.8
5.0
-.6
-1.1
43.3
5.1
-.9
-1.2
46.6
46.9
50.2
52.0
52.2
43.5
5.2
-.9
—1.1
44.0
4.8
-.9
—1.1
.0
1.1
.0
1.1
.0
1.2
.0
1.1
.0
1.1
47.5 49.0 48.9
5.2
4.9
5.1
-1.0 -.9 -.8
—1.1 -1.2 -1.2
.0
1.1
.0
1.2
.0
1.2
.0
.0
.0
2.1 -2.0
5.9
.9
.0
.0
.0
.0
.0
.0
.0
.0
.0
.7
-2.0
3.5
.7
2.2
-3.6
3.4
.0
.1
.1
-.1
.0
.0
.0
.0
.0
.0
.0
.0
1.1
-2.1
5.1
1.0
4.9
-1.1
9.0
2.8
3.7
-1.0
7.4
2.2
.0
216-143 O - 77 - 9
-.4
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
118
Table 3.6.—Government Purchases of Goods and
[Millions of
Line
Government purchases of goods and services
12
13
14
15
16
17
18
19
20
21
22
23
1954
1955
1956
1957
1958
1959
75,582
82,524
75,760
75,006
79,392
87,086
95,040
97,586
52,365
57,530
47,933
44,455
45,902
49,964
53,904
53,890
National defense
Compensation of employees
Military
Civilian....
Structures (excluding construction force account compensation).
Other
45,838
15,746
10,755
4,991
3,016
48,594
15,616
10,583
5,033
3,022
41,112
14,921
10,223
2,592
38,446
15,242
10,170
5,072
1,831
40,156
15,570
10,098
5,472
1,759
44,017
15,904
10,244
5,660
1,976
45,565
16,296
10,368
5,928
2,446
45,597
16,521
10,402
6,119
2,243
27,076
29,956
23,599
21,373
22,827
26,137
26,823
26,833
Nondefense
Compensation of employees
Structures (excluding construction force account compensation) .
Agricultural purchases of the Commodity Credit Corporation.
Other
6,527
3,163
977
2,992
914
6,821
2,859
6,009
3,115
501
5,746
3,405
812
5,947
3,063
958
4,249
1,104
8,293
4,341
1,320
616
3,381
1,245
—375
—634
1,421
551
1,148
1,904
1,960
1,565
2,081
30,551
33,490
37,122
41,136
43,696
11,764
7,402
2,407
12,885
8,320
2,562
13,942
9,373
2,785
15,679
10,470
2,821
16,145
11,432
2,620
Federal
9
10
11
1953
1952
636
1,591
1,771
1,649
23,217
24,994
1,735
State and local
27,827
10,453
6,797
2,098
Education
Compensation of employees
Structures (excluding construction force account compensation).
Other
8,217
5,574
1,572
1,071
1,439
1,558
1,955
2,003
1,784
2,388
2,093
Other..
Compensation of employees
Structures (excluding construction force account com
pensation).
Medical vendor payments 1
Other
15.000
6,677
4,959
15,783
7,238
5,407
17,374
7,901
6,165
18,787
8,436
6,648
20,605
9,299
7,550
23,180
10,183
8,402
25,457
11,108
9,357
27,551
11,701
9,811
116
3,248
138
3,000
158
3,150
192
3,511
223
3,533
250
4,345
290
4,702
5,678
9,211
6,096
1,676
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
1. Consists of purchases of medical services and drugs mainly on behalf of persons covered
by public assistance programs.
CURRENT BUSINESS.
Table 3.7.—Government Purchases of Goods and Services by Type: Annually,
[Millions of
1946
1947
1948
1949
1950
1951
1952
1953
1954
Government purchases of goods
and services.
27,548
25,453
31,964
38,392
38,493
60,099
75,582
82,524
75,760
Federal
Compensation of employees
Other
Durable goods
Nondurable goods
Services
,
Structures (excluding construction
force account compensation).
17,617
14,598
3,019
2,185
208
424
202
12,698
9,377
3,321
964
657
1,295
405
16,700
8,910
7,790
1,615
3,498
1,759
918
20,410
9,999
10,411
2,688
4,810
1,581
1,332
18,724
10,734
7,990
3,074
1,947
1,471
1,498
38,322
16,237
22,085
8,924
6,079
4,229
2,853
52,365
18,909
33,456
14,775
8,664
6,024
3,993
57,530
18,608
38,922
13,417
14,533
7,036
State and local
Compensation of employees
Other
Durable goods
Nondurable goods
Services
Structures (excluding construction
force account compensation).
9,931
6,195
3,736
232
980
1,155
1,369
12,755
7,338
5,417
413
1,183
1,356
2,465
15,264
8,521
6,743
570
1,233
1,439
3,501
17,982
9,442
8,540
602
1,442
1,729
4,767
19,769
10,145
9,624
630
1,674
2,066
5,254
21,777
11,159
10,618
726
1,575
2,055
6,262
23,217
12,251
10,966
788
1,535
2,112
6,531
24,994
13,334
11,660
837
1,523
2,217
7,083
Line
1956
1957
75,006
79,392
87,086
47,933
17,780
30,153
11,468
10,075
5,382
3,228
44,455
18,357
26,098
10,541
6,386
6,839
2,332
45,902
18,975
26,927
11,815
5,502
7,039
2,571
49,964
19,567
30,397
11,865
6,073
9,525
2,934
27,827
14,698
13,129
948
1,557
2,361
8,263
30,551
15,838
14,713
1,008
1,821
2,829
9,055
33,490
17,619
15,871
1,183
1,728
2,848
10,112
37,122
19,556
17,566
1,407
1,833
3,139
11,187
1955
[Billions of
1950
1949
1948
1947
Line
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
1
Government purchases of goods
and services.
24.6
25.4
25.5
26.1
27.7
30.7
33.2
36.0
36.7
38.4
39.1
39.2
37.7
36.9
38.0
41.4
2
3
4
5
6
7
8
Federal
Compensation of employees
Other
Durable goods
Nondurable goods Services
Structures (excluding construction
force account compensation).
12.6
10.6
2.0
.7
.0
1.2
.0
13 1
10.0
3.1
1 2
.0
1.6
.3
12.6
8.5
4.1
1 0
1.2
1.3
.6
12 6
8.4
4.1
1 0
1.2
1.1
.8
13 7
8.5
5.2
1 5
1.5
1.4
.8
15.9
8.6
7.3
1.6
3.1
1.7
.9
17.6
9.0
8.5
1.7
4.1
1.7
1.0
19.7
9.5
10.2
1.7
5.3
22
.9
19.8
9.8
9.9
2.5
4.6
1.6
1.1
20.7
9.9
10.8
2.9
5.0
1.7
1.2
20.7
10.0
10.7
2.8
4.8
1.7
1.4
20.5
10.3
10.2
2.6
4.8
1.3
1.6
18.6
9.9
8.6
2.7
2.8
1.9
1.4
17.4
9.9
7.5
2.6
2.1
1.4
1.5
18.0
10.7
7.3
3.3
1.2
1.4
1.4
20.9
12.4
8.5
3.7
1.8
1.3
1.7
9
10
11
12
13
14
15
State and local
C ompensation of employees
Other
Durable goods
Nondurable goods
Services
Structures (excluding construction
force account compensation).
12.0
7.0
5.0
.4
1.1
1.3
2.3
12.4
7.2
5.2
.4
1.2
1.3
2.3
12.9
7.4
5.5
.4
1.2
1.4
2.5
13.6
7.8
5 8
.4
1.2
1.4
2.7
14.0
8.0
6.0
.6
1.2
1.4
2.8
14.8
8.3
6.5
.6
1.2
1.4
3.3
15.7
8.7
7.0
.6
1.2
1.5
3.7
16.3
9.1
7.3
.6
1.3
1.5
3.9
16.9
9.2
7.7
.5
1.3
1.6
4.2
17.7
9.3
8.4
.6
1.4
1.7
4.7
18.5
9.6
8.9
.6
1.5
1.8
5.0
18.7
9.7
9.0
.7
1.5
1.8
5.0
19.1
9.8
9.3
.6
1.7
2.0
4.9
19.4
10.0
9.4
.6
1.7
2.1
5.1
20.0
10.3
9.7
.6
1.7
2.1
5.3
20.5
10.5
10.0
.6
1.7
2.1
5.6
* Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT BUSINESS.
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
119
Services by Broad Function and Type: Annually, 1952-74
dollars]
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
100,259
108,156
118,034
123,661
129,810
138,350
158,666
180,188
198,727
207,877
53,711
57,370
63,738
64,631
65,218
67,268
78,833
90,924
98,019
97,461
44,451
16,839
10,477
6,362
1,993
46,995
17,343
10,635
6,708
2,125
51,052
18,386
11,322
7,064
1,884
50,296
18,901
11,594
7,307
1,601
49,048
20,176
12,511
7,665
1,215
49,443
21,045
13,034
8,011
999
60,330
24,584
15,656
8,928
927
71,462
27,205
17,419
9,786
892
76,868
29,933
19,252
10,681
1,059
25,619
27,527
30,782
29,794
27,667
27,399
34,819
43,365
9,260
4,837
1,507
10,375
5,251
1,709
12,686
5,678
1,987
14,335
6,263
2,223
16,170
6,827
2,463
17,825
7,253
2,657
18,503
7,847
2,736
19,462
8,407
2,110
316
—225
289
—316
—777
—641
—1,951
—686
8,556
9,871
9,630
1960
1971
1972
1973*
1974*
218,863
233,734
253,105
269,946
301,085
1
95,642
96,220
102,126
101,981
111,692
2
76,272
31,816
20,454
11,362
1,256
73,537
33,160
21,121
12,039
1,173
70,230
33,796
21,089
12,707
1,692
73,513
35,664
22,299
13,365
1,860
73,370
36,273
22,641
13,732
1,405
77,380
37,470
22,759
14,711
1,713
3
4
5
6
45,876
43,200
39,204
34,742
35,989
35,692
38,197
8
21,151
9,340
2,000
21,189
9,985
1,818
22,105
11,563
1,970
25,990
12,967
2,329
28,613
14,396
2,566
28,611
15,658
2,861
34,312
17,220
3,173
9
10
11
1,414
629
—1,251
—83
—1,019
—3,119
—1,560
12
8,397
8,757
9,823
10,777
12,680
13,211
15,479
13
Line
7
2,600
3,640
4,732
6,165
7,657
46,548
50,786
54,296
59,030
64,592
71,082
79,833
89,264
100,708
110,416
123,221
137,514
150,979
167,965
189,393
14
17,923
12,830
2,779
19,663
14,096
3,008
21,115
15,463
2,949
23,381
17,073
3,438
26,102
18,944
3776
29,089
20,874
4,304
33,705
23,791
5,373
37,935
26,866
6,059
42,143
30,405
6,139
46,016
33,925
5,942
51,510
38,366
5,688
57,790
42,977
5,634
63,574
47,577
5,781
70,562
52,443
6,699
77,556
57,197
7,393
15
16
17
2,314
2,559
2,703
2,870
3,382
3,911
4,541
5,010
5,599
6,149
7,456
9,179
10,216
11,420
12,966
18
28,625
12,640
9,532
31,123
13,838
10,361
33,181
14,780
11,132
35,649
15,784
12,033
38,490
16,929
12,963
41,993
18,420
14,128
46,128
20,324
15,066
51,329
22,664
16,422
58,565
25,501
18,455
64,400
28,014
18,977
71,711
31,598
19,394
79,724
35,509
20,562
87,405
39,735
20,615
97,403
44,748
21,808
111,837
49,236
26,673
19
20
21
414
6,039
562
6,362
774
6,495
889
6,943
1,040
7,568
1,163
8,292
1,589
9,149
2,231
10,012
3,249
11,360
3,877
13,532
4,895
15,824
6,045
17,608
7,129
19,926
8,283
22,564
9,904
26,024
22
23
1946-74, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1947-74
dollars]
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973*
1974*
97,586
100,259
108,156
118,034
123,661
129,810
138,350
158,666
180,188
198,727
207,877
218,863
233,734
253,105
269,946
301,085
1
53,904
20,545
33,359
12,909
7,708
9,192
3,550
53,890
20,862
33,028
12,357
6,888
10,220
3,563
53,711
21,676
32,035
9,612
7,347
11,576
3,500
57,370
22,594
34,776
12,322
5,586
13,034
3,834
63,738
24,064
39,674
12,637
8,882
14,284
3,871
64,631
25,164
39,467
12,243
7,853
15,547
3,824
65,218
27,003
38,215
11,579
6,869
16,089
3,678
67,268
28,298
38,970
10,863
7,559
16,892
3,656
78,833
32,431
46,402
11,774
11,532
19,433
3,663
90,924
35,612
55,312
13,373
16,565
22,372
3,002
98,019
39,273
58,746
13,292
19,512
22,883
3,059
97,461
41,801
55,660
12,944
16,442
23,200
3,074
95,642
44,723
50,919
13,982
10,560
23,234
3,143
96,220
46,763
49,457
11,890
9,292
24,254
4,021
102,126
50,050
52,066
12,924
8,536
26,190
4,416
101,981
51,931
50,050
10,856
6,959
27,969
4,266
111,692
54,690
57,002
9,741
9,783
32,592
4,886
2
41,136
21,578
19,558
1,391
2,242
3,747
12,178
43,696
23,133
20,563
1,435
2,669
4,028
12,431
46,548
25,470
21,078
1,600
2,819
4,348
12,311
50,786
27,934
22,852
1,678
3,026
4,779
13,369
54,296
30,243
24,053
1,786
3,079
5,107
14,081
59,030
32,857
26,173
2,003
3,265
5,434
15,471
64,592
35,873
28,719
2,261
3,613
6,106
16,739
71,082
39,294
31,788
2,471
4,025
6,860
18,432
79,833
44,115
35,718
2,760
4,493
8,026
20,439
89,264
49,530
39,734
2,959
4,946
9,348
22,481
100,708
55,906
44,802
3,262
5,625
11,321
24,594
110,416
61,939
48,477
3,618
6,539
13,401
24,919
123,221
69,964
53,257
4,041
7,886
16,248
25,082
137,514
78,486
59,028
4,503
9,569
18,760
26,196
150,979
87,312
63,667
5,004
10,609
21,658
26,396
167,965
97,191
70,774
5,581
11,947
24,739
28,507
189,393
106,433
82,960
6,093
13,720
29,081
34,066
1958
1959
95,040
Line
a
A
I
e
i
i
1C
11
12
ia
u
u
dollars]
1951
1952
1953
1954
1956
1955
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III IV
49.6
56.7
64.4
69.6
70.9
75.5
77.5
78.3
81.7
82.6
82.4
83.4
79.5
75.4
74.6
73.4
74.3
74.1
75.4
76.2
77.2
79.3
79.7 81.3
1
28.7
14.4
14.3
6.0
3.6
2.6
2.1
35.1
15.9
19.2
8.0
4.9
3.6
2.7
42.3
17.2
25.1
9.6
7.2
5.2
3.1
47.2
17.5
29.7
12.2
8.6
5.6
3.4
48.3
18.5
29.9
13.5
6.6
6.0
3.7
52.2
19.0
33.2
14.9
8.7
5.7
3.9
54.3
19.2
35.1
14.9
9.8
6.2
4.2
54.6
19.0
35.6
15.8
9.5
6.2
4.2
57.2
18.8
38.4
13.8
13.1
7.2
4.3
58.1
18.9
39.3
14.1
13.9
7.2
4.1
57.2
18.6
38.6
13.1
14.8
6.9
3.8
57.6
18.1
39.4
12.7
16.3
6.8
3.6
52.8
17.8
34.9
13.4
12.8
5.0
3.6
48.0
17.8
30.2
11.3
10.0
5.7
3.3
46.2
17.7
28.5
10.4
9.5
5.5
3.1
44.8
17.8
27.0
10.7
8.0
5.4
2.9
44.5
17.8
26.7
9.9
7.0
7.2
2.6
43.7
18.5
25.2
10.9
5.9
6.1
2.4
44.7
18.6
26.1
10.7
5.9
7.4
2.2
44.9
18.6
26.4
10.7
6.8
6.8
2.1
44.9
18.6
26.3
11.3
6.3
6.7
2.1
46.2
18.9
27.3
12.2
5.8
6.9
2.4
45.8 46.7
19.2 19.2
26.6 27.5
11.9 11.9
5.2 4.8
6.6 8.0
2.8 2.9
2
3
4
5
6
7
8
20.9
10.7
10.2
.7
1.6
2.1
5.8
21.6
10.9
10.7
.7
1.6
2.1
6.3
22.1
11.3
10.8
.7
1.6
2.0
6.5
22.4
11.6
10.7
.7
1.6
2.1
6.4
22.6
11.8
10.8
.8
1.5
2.0
6.5
23.3
12.0
11.3
.8
1.7
2.3
6.5
23.1
12.4
10.7
.8
1.4
2.0
6.5
23.8
12.7
11.0
.8
1.5
2.1
6.6
24.5
13.0
11.5
.8
1.6
2.2
6.9
24.4
13.2
11.2
.8
1.5
2.1
6.8
25.1
13.4
11.8
.8
1.6
2.3
7.1
25.8
13.7
12.1
.8
1.5
2.2
7.5
26.7
14.1
12.6
.9
1.5
2.3
7.9
27 A
28.4
15.0
13.4
1.0
1.6
2.4
8.4
28.7
15.2
13.4
1.0
1.6
2.4
8.4
29.8
15.4
14.4
1.0
1.8
2.8
8.8
30.3
15.7
14.7
1.0
1.8
2.8
9.0
30.7
15.9
14.8
1.0
1.8
2.8
9.1
31.3
16.4
14.9
1.0
1.8
2.8
9.3
32.3
16.9
15.5
1.2
1.7
2.8
9.8
33.1
17.3
15.8
1.2
1.7
2.8
10.1
33.9
17.9
16.0
1.2
1.7
2.9
10.2
34.6
18.4
16.2
1.2
1.8
2.9
10.3
9
10
11
12
13
14
15
14.5
12.9
.9
1.5
2.3
8.2
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
120
Table 3.7.—Government Purchases of Goods and Services by Type: Annually,
[Billions of
1957
1958
1959
Line
I
III
II
IV
I
III
II
IV
I
II
III
IV
1
Government purchases of goods
and services.
86.2
86.6
87.5
88.1
91.2
94.2
96.1
98.7
97.8
98.0
97.5
97.0
2
3
4
5
6
7
8
Federal
Compensation of employees
Other
Durable goods. - _
Nondurable goods
Services
Structures (excluding construction
force account compensation).
50.3
19.4
30.9
11.5
7.4
9.1
2.9
49.9
19.6
30.3
11.6
6.1
9.7
2.9
50.1
19.8
30.2
12.1
5.2
9.9
3.0
49.6
19.4
30.2
12.3
5.6
9.5
2.9
51.6
19.9
31.8
12.7
6.6
9.2
3.3
53.6
20.3
33.4
12.9
7.5
9.6
3.3
54.4
21.0
33.4
12.9
8.0
8.9
3.6
55.9
21.0
34.9
13.1
8.8
9.1
3.9
54.3
20.8
33.4
12.6
6.9
10.1
3.9
54.3
20.9
33.4
12.7
7.0
10.0
3.8
53 7
20.9
32.8
12 4
67
10 2
3.5
53 3
20.9
32 4
11 8
70
10 6
3.1
9
10
jl
12
13
14
15
State and local
Compensation of employees
Other
Durable goods
--- Nondurable goods
Services
Structures (excluding construction
force account compensation).
35.9
18.8
17.1
1.4
1.7
3.0
11.0
36.7
19.3
17.4
1.4
1.8
3.1
11.2
37.5
19.8
17.6
1.4
1.9
3.2
11.1
38.5
20.3
18.1
1.5
1.9
3.3
11.4
39.5
20.8
18.7
1.3
2.1
3.5
11.7
40.6
21.4
19.2
1.4
2.2
3.7
11.8
41.7
21.8
19.9
1.4
2.3
3.8
12.4
42.7
22.2
20.5
1.5
2.4
3.9
12.8
43.6
22.6
20.9
1.4
2.6
3.9
13.0
43.7
22.9
20.8
1.4
2.6
4.0
12.8
43.8
23.3
20.5
1 4
2.7
4.1
12.3
43.7
23.7
20.0
1 5
2.7
4.2
11.6
1966
1967
1968
Line
I
II
Government purchases of goods
and services . _
149.9
155.2
2
3
4
5
6
7
8
Federal
Compensation of employees.. ._
Other
Durable goods
Nondurable goods. . .
Services
Structures (excluding construction
force account compensation).
73.6
30.9
42.8
11.0
9.7
18.1
3.9
76.8
31.7
45.1
11.1
11.3
18.9
3.7
9
10
11
12
13
14
15
State and local
Compensation of employees
Other
Durable goods
Nondurable goods
Services
-. Structures (excluding construction
force account compensation).
76.2
42.1
34.2
2.6
4.3
7.5
19.8
78.5
43.3
35.2
2.7
4.4
8.0
20.1
1
IV
I
II
162.1
167.5
175.2
177.5
181.9
81.5
33.3
48.2
12.5
12.3
19.8
3.6
83.5
34.0
49.5
12.4
12.9
20.8
3.4
88.6
34.6
54.0
13.2
16.2
21.5
3.1
89.4
35.0
54.3
13.1
16.2
22.3
2.8
92.1
35.6
56.5
13.6
17.1
22.7
3.1
80.6
44.8
35.8
2.8
4.6
8.1
20.3
84.0
46.3
37.7
2.9
4.7
8.5
21.6
86.6
47.4
39.1
2.9
4.8
8.8
22.6
88.2
48.7
39.5
3.0
4.9
9.1
22.5
89.8
50.3
39.5
3.0
5.0
9.5
22.0
III
III
IV
I
II
186.2
192.9
198.1
200.2
203.7
93.7
37.2
56.4
13.5
16.8
23.0
3.1
96.2
37.8
58.3
13.5
18.7
22.9
3.2
98.5
38.7
59.8
13.3
20.8
22.8
2.9
98.6
40.4
58.2
13 1
19.2
23.0
3.0
98.7
40.1
58.7
13 2
19.4
22.9
3.2
92.5
51.7
40.8
3.0
5.1
9.9
22.8
96.7
53.6
43.2
3.0
5.2
10.5
24.4
99.6
55.1
44.4
3.2
5.5
11.2
24.6
101.6
56.7
44.8
3.3
5.8
11.5
24.2
104.9
58.2
46.8
3.5
6.0
12.1
25.2
III
Table 3.8.—Government Purchases of Goods and Services by Type in Constant Dollars
[Billions of
1946
Line
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Government purchases of goods
and services.
Federal
Compensation of employees
Other .
Durable goods.
.
. . .
Nondurable goods
Services
Structures (excluding construction
force account compensation).
State and local
Compensation of employees
. .
Other
Durable goods
Nondurable goods . . . . .
Services
Structures (excluding construction
force account compensation).
1947
1948
1949
93.1
75.4
84.1
58.4
36.1
42.4
49.7
8.7
4.9
.1
3 2
.4
29.8
6.3
1.9
.9
2.8
.8
29.2
13.2
2.8
4.8
38
1.8
34.8
39.3
41.8
47.4
26.1
8.7
.5
1.7
3.0
3.5
28.1
11.2
.8
1.8
3.3
5.4
28.8
12.9
1.0
1.7
3.3
6.9
1951
1952
1953
1954
1955
1956
1957
97.7
132.7
159.5
170.0
154.9
150.9
152.4
160.1
48.9
47.0
81.3
107.0
114.6
95.2
86.9
85.9
89.8
31.3
17.6
4.5
7.1
3 3
2.6
32.7
14.3
5.1
3.1
3.1
3.1
46.2
35.2
14.3
7.6
80
5.3
51.6
55.4
24.1
13.5
10.8
7.1
49.6
65.1
23.1
22.8
12.2
7.0
47.2
47.9
19.1
13.8
9.2
5.9
45.9
41.0
17.1
7.9
11.7
4.3
45.6
40.3
17.7
6.6
11.8
4.3
45.8
43.9
16.9
6.9
15.5
4.6
50.7
51.3
52.5
55.4
59.7
64.0
66.5
70.3
40.8
25.6
1.5
2.2
5.1
16.9
43.1
27.3
1.8
2.3
5.4
17.8
96.2
30.9
16.5
1.0
2.1
3.8
9.6
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT BUSINESS.
1950
31.9
18.8
1.0
2.4
4.4
11.0
32.6
18.7
1.1
2.1
4.2
11.4
33.7
18.8
1.1
2.0
4.1
11.4
35.5
19.9
1.2
2.0
4.2
12.5
36.7
23.0
1.3
2.1
4.4
15.1
38.4
25.5
1.3
2.4
5.2
16.6
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
121
1946-74, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1947-74^-Continued
dollars!
I
II
1962
1961
I960
1964
1963
1965
Line
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
97.3
99.3
101.8
102.7
105.0
106.8
108.4
112.3
116.1
116.8
118.8
120.4
122.0
121.3
124.3
127.1
128.3
130.0
130.0
130.9
131.7
52.3
21.1
31.2
10.2
7.0
10.9
3.2
53.1
21.5
31.6
9.2
7.7
11.3
3.3
54.6
22.0
32.6
9.2
7.9
11.8
3.7
54.8
22.1
32.7
9.8
6.8
12.3
3.8
55.3
22.1
33.2
11.0
5.6
12.5
4.0
56.9
22.3
34.7
12.2
5.9
12.8
3.8
57.7
22.6
35.1
12.9
5.3
13.2
3.6
59.6
23.4
36.2
13.2
5.5
13.6
3.9
63.0
24.0
39.0
13.2
8.1
13.8
3.9
63.0
24.0
39.0
12.7
8.2
14.1
4.0
64.1
24.0
40.1
12.4
9.6
14.4
3.7
64.8
24.3
40.1
12.2
9.7
14.8
3.9
64.9
24.7
40.2
12.2
9.1
15.1
3.8
63.3
24.9
38.3
12.3
6.6
15.5
3.9
64.5
25.1
39.4
12.2
7.2
15.7
4.4
65.9
25.9
39.9
12.3
8.5
15.9
3.2
65.9
26.4
39.5
12.1
7.8
15.9
3.7
65.8
26.7
39.1
12.1
7.4
16.0
3.6
64.7
27.4
37.3
11.3
6.3
16.1
3.7
64.5
27.5
37.0
10.9
6.0
16.4
3.8
63.9
27.3
36.6
10.6
6.1
16.4
3.5
65.8
27.5
38.3
10.9
7.1
16.6
3.7
67.6
28.4
39.2
10.7
7.9
17.0
3.7
71.8
30.0
41.8
11.3
9.2
17.7
3.7
2
3
4
5
6
7
8
44.9
24.6
20.3
1.6
2.7
4.2
11.8
46.2
25.2
21.0
1.6
2.8
4.5
12.2
47.2
25.8
21.4
1.6
2.8
4.3
12.6
47.9
26.3
21.5
1.6
2.9
4.3
12.7
49.7
27.0
22.7
1.6
3.0
4.6
13.5
49.9
27.6
22.3
17
3.0
4.9
12.7
50.8
28.3
22.5
1.7
3.1
4.6
13.1
52.7
28.9
23.9
1.7
3.1
4.9
14.2
53.1
29.5
23.6
1.8
3.0
5.0
13.8
53.8
30.0
23.8
1.8
3.1
5.1
13.9
54.7
30.4
24.2
1.8
3.1
5.1
14.2
55.6
31.1
24.5
1.8
3.1
5.2
14.4
57.1
31.9
25.2
1.9
3.1
5.2
15.0
58.0
32.5
25.6
2.0
3.2
5.4
15.0
59.8
33.1
26.6
2.0
3.3
5.5
15.8
61.2
33.9
27.3
2.1
3.4
5.7
16.1
62.4
34.8
27.7
2.2
3.5
5.9
16.2
64.2
35.5
28.7
2.2
3.6
6.0
16.9
65.3
36.2
29.1
2.3
3.7
6.2
17.0
66.4
37.0
29.4
2.4
3.8
6.4
16.9
67.8
37.8
29.9
2.4
3.9
6.6
17.1
69.9
38.7
31.2
2.4
4.0
6.8
18.0
72.5
39.8
32.7
2.5
4.1
7.0
19.1
74.1
40.8
33.4
2.6
4.2
7.1
19.5
9
10
11
12
13
14
15
1972
1971
1970
1969
135.7 140.1 146.0
1
1974*
1973*
Line
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
204.1
206.7
209.2
211.4
215.3
216.5
219.4
224.2
223.8
231.1
235.5
239.6
249.0
251.1
253.0
259.2
265.7
265.7
270.0
278.4
237.5
296.5 305.9 314.4
1
97.2
40.1
57.0
12.9
18.0
23.1
3.1
97.1
40.4
56.6
12.6
17.6
23.2
3.2
97.9
43.4
54.4
12.7
15.3
23.3
3.0
97.8
43.2
54.5
13.5
14.8
23.3
2.9
97.9
45.0
52.9
13.8
13.1
23.2
2.9
95.6
44.9
50.7
14.0
10.6
23.0
3.1
94.0
44.7
49.4
14.1
8.8
23.3
3.2
95.1
44.4
50.7
14.1
9.7
23.5
3.4
95.9
46.6
49.3
12.9
9.2
23.5
3.7
94.9
46.6
48.3
11.8
8.7
23.9
3.9
96.4
46.5
49.9
11.6
9.6
24.5
4.2
97.6
47.3
50.3
11.2
9.8
25.1
4.2
103.1
49.7
53.4
13.0
10.5
25.3
4.5
102.8
49.2
53.6
13.5
9.7
25.8
4.6
100.3
49.5
50.9
12.9
7.0
26.6
4.4
102.3
51.9
50.4
12.3
6.9
27.1
4.1
104.1
51.7
52.4
12.3
8.2
27.2
4.7
99.9
51.3
48.6
10.9
6.4
27.1
4.2
100.0
51.4
48.5
10.5
5.9
28.1
4.1
104.0
53.3
50.7
9.8
7.4
29.4
4.1
106.1
53.7
52.5
9.2
8.3
30.6
4.4
108.9 113.6 118.2
53.8 54.3 56.9
55.0 59.2 61.3
9.0
9.9 10.9
9.1 11.1 10.6
31.9 33.5 34.4
5.0
4.8
5.4
2
3
4
5
6
7
8
107.0
59.5
47.5
3.5
6.3
12.8
25.0
109.7
60.9
48.7
3.6
6.4
12.9
25.9
111.4
62.8
48.6
3.7
6.6
13.4
25.0
113.6
64.6
49.1
3.8
6.8
14.6
23.9
117.4
67.0
50.4
3.7
7.3
15.5
23.9
121.0
69.1
51.9
3.9
7.7
15.8
24.4
125.4
71.0
54.4
4.1
8.0
16.3
25.9
129.1
72.8
56.4
4.4
8.5
17.4
26.1
132.9
75.6
57.3
4.3
9.1
18.0
26.0
136.2
77.6
58.6
4.5
9.5
18.4
26.3
139.0
79.6
59.4
4.6
9.7
19.0
26.1
142.0
81.2
60.8
4.7
10.0
19.7
26.4
145.9
83.8
62.1
4.8
10.2
21.0
26.0
148.4
86.0
62.4
5.0
10.5
21.5
25.4
152.7
88.6
64.1
5.1
10.7
21.9
26.4
157.0
90.9
66.1
5.2
11.0
22.2
27.7
161.6
93.6
68.0
5.3
11.3
23.2
28.2
165.8
96.3
69.5
5.5
11.8
24.3
27.9
170.0
98.5
71.5
5.7
12.1
25.2
28.4
174.5
100.4
74.1
5.9
12.6
26.2
29.4
181.4
102.9
78.5
5.8
13.1
27.6
32.0
187.6 192.3 196.3
105.2 107.6 110.0
82.4 84.7 86.3
6.2
6.0
6.4
13.5 14.0 14.3
28.4 29.8 30.5
34.5 34.7 35.0
9
10
11
12
13
14
15
II
III
IV
Annually, 1946-74, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1947-74
1972 dollars]
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973*
1974*
Line
182.8
193.1
197.6
202.7
209.6
229.3
248.3
259.2
256.7
250.2
249.4
253.1
90.8
95.6
103.1
102.2
100.6
100.5
112.5
125.3
128.3
121.8
110.7
103.9
102.1
96.1
95.0
2
45.2
45.6
13.0
9.1
17.9
5.6
46.2
49.5
16.7
6.9
19.8
6.1
48.3
54.8
16.5
11.4
20.8
6.1
48.2
54.0
15.6
10.0
22.4
6.0
48.5
52.1
14.8
9.0
22.6
5.7
48.7
51.7
13.7
9.4
23.1
5.5
53.0
59.6
14.6
13.9
25.7
5.3
57.2
68.1
16.3
19.4
28.2
4.2
58.1
70.2
15.5
23.2
27.4
4.1
58.2
63.6
14.6
18.7
26.4
3.8
55.2
55.5
14.8
11.4
25.7
3.6
52.5
51.4
12.0
9.8
25.3
4.3
50.1
52.1
12.9
8.5
26.2
4.4
48.2
48.0
10.5
6.9
26.5
4.0
47.9
47.0
8.3
6.7
28.1
3.9
3
4
5
6
7
8
90.0
95.4
102.1
109.1
116.8
123.1
130.9
134.9
139.5
145.5
151.0
156.3
159.3
9
53.9
36.1
2.3
3.8
7.5
22.5
56.6
38.8
2.6
4.0
7.9
24.3
60.0
42.1
2.9
4.5
8.8
26.0
63.6
45.5
3.1
5.0
9.6
27.8
67.5
49.3
3.4
5.4
10.9
29.6
70.0
53.0
3.6
5.8
12.2
31.5
73.6
57.3
3.8
6.5
14.2
32.9
76.8
58.1
4.1
7.4
15.6
31.0
80.1
59.5
4.4
8.6
17.8
28.7
83.5
61.9
4.7
9.9
19.7
27.7
87.3
63.7
5.0
10.6
21.7
26.4
90.6
65.8
5.4
10.8
23.2
26.4
92.9
66.5
5.4
10.8
24.1
26.2
10
11
12
13
14
15
169.3
170.7
172.9
92.8
91.8
44.5*
48.3
18.1
9.8
14.8
5.6
44.5
47.3
17.0
8.4
16.2
5.7
76.4
78.9
82.0
87.1
45.8
30.6
1.8
2.8
6.2
19.7
47.3
31.6
1.9
3.4
6.2
20.0
49.7
32.3
2.1
3.6
6.5
20.1
52.3
34.8
2.2
3.8
7.1
21.7
252.5
254.3
1
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
122
Table 3.8.—Government Purchases of Goods and Services by Type in Constant Dollars:
[Billions of
1947
1948
1949
1950
Line
I
9
12
13
14
15
]I
III
IV
I
II
86.5
90.9
92.5
96.4
III
IV
I
II
III
IV
97.5
98.2
95.8
94.9
101.5
75.2
76.0
82.5
36.5
37.1
36.3
34.9
35.7
41.2
44.5
47.9
47.9
49.6
49.9
48.1
47.9
45.1
44.1
50.6
32.7
3.8
28.8
7.5
1.9
1.7
2.8
1.2
27.5
7.4
1.8
1.8
2.3
1.6
27.5
8.2
2.7
30.8
17.2
31.9
16.0
4.2
6.4
3.5
2.0
31.7
17.8
31.3
18.5
4.8
4.8
30.2
17.9
4.5
30.1
17.7
4.6
3.0
1.7
28.5
12.7
2.8
4.3
3.9
1.8
29.9
14.6
2.9
—.2
2.7
-.2
30.4
6.6
2.3
.3
3.5
.5
3.6
3.6
2.7
3.2
3.9
2.9
31.0
14.1
4.5
3.7
2.8
3.1
32.1
12 1
5.5
.7
29
3.0
37.7
12 9
5.7
1.2
2 6
3.4
--
38.0
38.8
39.7
40.4
40.3
Compensation of employees . .
Other
Durable goods
Nondurable goods
Services
Structures (excluding construction
force account compensation).
27.4
10.6
.7
27.9
10.9
28.3
11.4
28.6
11.7
28.6
11.7
.8
1.8
3.3
5.4
.8
1.8
3.4
5.7
1.0
1.6
3.2
5.8
State and local
10
11
I
76.0
Compensation of employees
Other
Durable goods. _
Nondurable goods
Services
- Structures
(excluding construction
force account compensation).
3
4
5
6
78
IV
75.9
Federal
2
III
74.5
Government purchases of goods
and services.
1
][I
1.5
1.8
1.8
3.1
33
5.2
5.0
2.9
98.4
1.9
7.9
4.6
1.7
11.3
42.0
43.0
44.6
46.8
48.5
49.4
50.3
50.7
50.8
50.9
28.6
12.7
28.8
13.1
29.3
13.7
29.9
14.7
31.2
17.3
31.7
17.7
1.0
1.7
3.4
.9
1.7
3.3
7.2
.9
1.8
3.4
30.6
16.2
1.0
2.1
3.7
9.4
31.8
18.5
1.1
2.2
1.1
2.3
4.0
31.8
18.8
1.1
2.5
4.4
32.0
18.9
1.0
2.5
4.4
31.9
18.9
10
3.6
6.7
2.2
.9
2.0
3.6
8.3
7.7
3.0
3.8
10.2
10.3
10.6
1958
1957
2.4
44
11.1
10.9
9
2.3
4 4
11.3
1959
Line
1
Government purchases of goods
and services.
Federal
2
3
45
7
8
9
10
11
12
13
14
15
Conrnpnsation of emDlovees
Other
-Durable eoods
Nondurable goods
Services
Structures (excluding construction
force account compensation).
State and local
Condensation of emDlovees
Other
--Durable goods
N ondurable goods
Services
Structures (excluding construction
force account compensation).
IV
III
I
II
164.2
168.0
III
I
II
171.8
171.3
I
[I
159.0
159.9
160.6
90.0
90.3
89.9
88.8
90.2
92.6
93.3
95.4
92.9
92.4
91.2
90.7
45.9
44.1
16.5
46.2
44.2
16.6
46.4
43.5
17.2
44.9
43.9
17.3
44.1
46.1
17.9
44.8
48.4
18.0
10.3
14.4
5.6
44.6
50.8
18.3
11.5
14.8
6.2
44.6
48.3
17.4
44.4
46.8
17.0
16.2
6.1
44.5
47.9
17.5
8.5
16.0
5.9
16.2
5.6
8.1
44.4
46.3
16.0
8.7
16 6
5.0
161.1
8.2
7.4
5.4
6.7
14.7
4.6
15.7
4.5
16.1
4.7
15.4
4.6
14.9
5.2
44.5
48.2
18.0
9.3
15.5
5.3
8.2
[V
170.2
174.9
8.5
III
IV
170.3
169.3
69.0
69,6
70.6
72.2
74.0
75.3
76.9
79.5
78.9
78.9
79.1
78.6
42.2
26.8
42.7
26.9
43.3
27.3
44.4
29.6
47.0
31.9
1.8
2.3
5.5
1.9
2.4
5.6
1.8
2.7
5.9
1.9
3.4
6.1
47.5
31.6
1.9
17.8
17.6
17.6
18.3
19.2
47.7
31.8
1.8
3.0
6.4
20.6
46.8
32.1
1.8
2.2
5.3
45.3
30.1
1.8
2.8
6.3
19.2
46.0
30.9
1.7
2.2
5.2
44.1
28.2
1.9
3.5
6.2
48.0
30.7
2.0
3.5
6.3
18.9
1.8
2.9
6.3
19.9
20.7
3.4
6.1
20.4
1967
1966
19.9
1968
Line
1
Government purchases of goods
and services.
2 Federal
4
5
Q
7
8
9
10
11
12
13
14
15
Comnensation of emDlovees
Other
Durable goods
Nondurable goods
Services
- Structures (excluding construction
force account compensation).
State and local
C ompensation of employees
Other
Durable goods
Nondurable goods
Services Structures (excluding construction
force account compensation).
I
II
220.7
224.4
233.4
106.5
108.8
50.8
55.7
13.8
11.8
24.4
5.8
52.0
56.8
13.9
12.2
25.2
5.5
114.2
66.0
48.2
3.3
5.1
10.3
29.4
tv
I
II
[II
IV
250.4
251.3
255.8
260.2
260.9
260.0
124.8
127.3
126.3
127.4
129.8
129.5
126.6
56.9
67.9
16.1
19.6
28.2
3.9
57.5
69.8
16.5
20.6
28.4
4.3
57.3
69.0
16.3
19.9
28.5
4.3
57.7
69.7
16.0
21.6
27.9
4.3
58.5
71.3
15.6
24.3
27.4
3.9
58.6
70.9
15.2
24.3
27.4
3.9
57.6
69.0
15.2
22.7
26.9
4.2
121.7
122.5
123.1
125.0
128.4
130.4
131.4
133.5
68.9
52.8
3.5
5.7
11.7
31.9
69.5
53.0
3.6
5.8
12.0
31.7
70.5
52.6
3.6
5.8
12.4
30.8
71.3
53.7
3.6
6.0
12.8
31.4
72.2
56.2
3.6
6.2
13.3
33.1
73.2
57.2
3.7
6.3
14.1
33.0
74.1
57.3
3.9
6.6
14.4
32.5
74.9
58.6
4.0
6.8
14.8
33.0
I
II
238.6
244.3
247.3
116.5
118.4
122.6
53.8
62.7
15.5
15.8
26.2
5.2
55.3
63.0
15.3
15.7
27.2
4.9
56.9
65.6
16.3
17.3
27.6
4.4
115.7
116.9
120.3
66.9
48.7
3.4
5.3
10.9
29.2
67.9
49.0
3.5
5.4
10.9
29.2
69.1
51.2
3.6
5.6
11.4
30.7
III
IV
III
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
123
Annually, 1946-74, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1947-74—Continued
1972 dollars]
1954
1953
1952
1951
1955
1956
Line
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
115.1
127.7
140.0
147.7
152.4
159.1
163.4
163.1
168.6
170.1
169.7
171.8
161.4
154.3
152.6
150.7
151.0
149.7
151.9
150.9
150.8
64.6
76.3
88.4
96.1
100.4
106.2
111.5
110.0
113.5
115.9
114.2
115.0
102.9
95.4
92.2
89.9
87.9
85.8
87.8
86.3
85.5
86.6
85.0
86.4
2
52.5
59.0
24.3
16.3
11.0
7.4
51.6
58.4
25.7
14.6
10.7
7.4
50.5
63.0
23.1
19.7
12.6
7.6
50.0
65.9
24.1
22.2
12.5
48.3
66.6
22.1
26.2
11.8
6.5
47.5
55.4
22.5
17.7
8.7
6.6
47.1
48.3
18.9
13.8
45.8
40.0
18.0
7.3
10.2
4.5
45.8
42.1
17.2
8.1
12.7
4.0
45.8
40.6
16.7
8.5
11.5
3.7
45.5
41.2
18.3
9.0
5.4
46.4
41.5
16.6
7.8
12.4
4.8
45.4
40.1
17.5
9.7
6.0
47.2
45.0
17.3
12.7
9.4
5.7
47.0
42.9
17.6
10.9
7.2
49.6
64.7
23.0
23.1
11.9
6.7
11.2
11.6
3.6
4.1
45.8
39.1
17.8
5.7
11.0
4.7
45.8
40.6
17.0
5.6
13.2
4.7
3
4
5
6
7
8
52.0
53.0
55.1
54.2
55.5
56.8
58.5
58.9
60.4
60.8
63.1
64.0
64.1
64.6
65.3
66.3
66.7
67.4
9
35.9
20.9
1.2
2.0
4.2
13.6
36.2
22.3
1.3
2.0
4.3
14.7
36.5
22.3
1.3
2.0
4.3
14.7
36.9
23.5
37.4
23.4
38.7
25.4
1.3
2.4
5.2
16.5
39.3
25.3
1.3
2.4
5.1
16.5
40.6
25.7
15.4
38.1
25.9
1.3
2.4
5.2
16.9
39.7
25.6
15.4
37.7
25.4
1.3
2.4
5.2
16.5
16.9
17.0
41.3
25.5
1.5
2.2
5.0
16.7
41.9
25.6
1.5
2.3
5.1
16.7
10
11
12
13
14
15
III
IV
42.1
22.5
9.6
4.1
4.7
4.1
50.5
46.0
30.3
12.8
48.1
40.3
15.4
5.7
6.7
5.1
9.4
9.9
5.6
51.3
51.6
32.2
18.3
32.5
18.9
32.8
18.8
1.1
2.1
4.3
1.1
2.1
4.2
1.1
2.1
4.2
10.9
11.5
11.5
48.5
47.6
19.7
11.1
10.6
50.5
49.9
22.2
6.2
6.8
51.8
54.4
24.2
13.0
10.3
7.0
51.6
52.0
52.9
9.9
11.1
33.1
18.5
33.3
18.7
1.1
1.1
1.9
4.1
2.0
4.1
11.3
11.6
33.5
19.4
1.1
2.3
4.5
11.4
1960
33.8
18.1
1.1
1.9
3.9
11.1
34.2
18.8
1.2
2.0
4.0
11.7
35.6
19.5
1.2
2.1
4.3
12.0
35.4
20.0
1.2
2.1
4.3
12.4
35.0
19.2
1.2
2.0
4.1
12.0
1962
1961
1.4
2.2
4.6
1.4
2.2
4.5
1963
7.8
1.4
2.2
5.1
1964
II
III
IV
152.9 151.7 153.9
7.2
1.5
2.2
5.0
1
1965
Line
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
169.2
172.4
174.4
175.4
179.3
180.9
182.6
188.3
191.1
191.8
194.5
194.9
195.9
195.1
199.2
200.2
201.7
203.5
202.4
203.2
202.5
II
207.2 211.3 217.4
1
89.3
90.8
91.5
91.7
93.0
94.9
95.7
99.0
102.4
102.4
104.0
103.5
102.6
101.0
102.6
102.3
102.2
101.7
99.5
99.0
97.2
99.3 100.6 104.8
2
44.7
44.6
13.9
8.6
17.1
5.1
45.8
45.0
12.5
45.1
46.6
13.2
45.2
47.8
14.9
45.5
49.4
16.6
46.2
49.5
17.4
47.8
51.2
17.7
18.8
19.2
19.4
20.1
20.5
6.1
48.5
54.0
17.6
10.0
20.2
6.2
48.5
53.9
16.8
10.3
20.5
6.4
48.3
55.6
16.2
12.7
21.0
5.8
47.7
55.8
15.5
12.8
21.4
6.1
47.8
54.8
15.5
11.4
22.0
6.0
48.3
52.8
15.6
8.6
22.4
6.1
48.5
54.1
15.5
9.1
22.6
6.9
48.2
54.1
15.7
10.8
22.5
5.3
45.2
46.3
12.5
9.8
18.1
5.9
5.0
48.1
54.1
15.5
10.2
22.8
5.7
48.4
53.3
15.5
9.7
22.4
5.6
48.8
50.7
14.5
8.1
22.4
5.7
48.6
50.3
13.9
7.9
22.7
5.8
48.1
49.0
13.4
7.5
22.7
5.4
48.3
51.0
13.8
8.9
22.8
5.6
3
4
5
6
7
8
79.9
81.6
82.9
83.7
86.4
86.0
86.9
89.3
88.7
89.3
90.5
91.4
93.3
94.0
96.5
97.9
99.5
101.8
103.0
104.3
105.3
48.6
31.3
2.1
3.6
6.4
19.2
49.3
32.3
2.1
3.6
6.7
19.9
50.1
32.8
2.1
3.6
6.5
20.6
50.7
32.9
2.2
3.6
6.5
20.7
51.7
34.7
2.2
3.6
6.9
22.0
52.0
34.0
52.6
34.4
52.9
36.4
2.2
3.8
7.3
23.0
52.9
35.8
2.3
3.7
7.4
22.3
53.5
35.8
2.3
3.8
7.5
22.2
54.2
36.3
2.3
3.8
7.6
22.6
54.8
36.6
2.4
3.8
7.6
22.8
55.5
37.8
2.5
3.8
7.7
23.8
56.1
37.9
2.6
3.9
7.9
23.6
57.1
39.5
2.6
4.0
8.0
24.8
57.7
40.2
58.8
40.7
2.8
4.2
8.5
25.2
59.6
42.2
2.8
4.4
8.6
26.3
60.2
42.7
2.9
4.5
8.9
26.4
61.3
43.0
3.0
4.7
9.2
26.1
61.9
43.5
3.0
4.9
9.4
26.2
9.5
17.6
8.4
7.1
6.2
6.5
7.2
6.1
2.2
3.8
7.3
20.6
6.5
5.5
2.2
3.8
6.9
21.4
6.8
25.1
1972
1971
1970
1969
2.7
4.1
8.2
1973*
48.8
51.8
13.4
9.8
23.1
5.5
49.8
55.0
14.1
11.5
23.9
5.6
107.9 110.7 112.6
9
65.2
47.3
10
11
12
13
14
15
63.1
44.8
3.1
4.9
9.5
27.3
64.3
46.4
3.2
5.0
9.8
28.5
3.2
5.0
9.9
29.2
197^I*
Line
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
257.6
258.4
255.7
255.1
252.2
249.2
249.2
250.3
249.2
246.8
250.5
251.0
254.1
253.2
252.0
253.2
254.7
250.5
251.1
253.5
254.0
123.9
123.4
120.6
119.4
115.2
111.3
108.5
108.0
105.7
102.0
104.7
103.2
104.9
103.5
100.6
99.6
100.4
94.9
94.2
94.9
94.7
58.2
61.2
15.0
16.6
26.1
3.5
56.3
58.9
14.9
14.2
26.3
54.8
53.6
14.9
54.1
53.9
14.6
10.2
25.3
53.7
52.0
13.2
52.9
49.1
12.0
50.7
54.2
13.1
10.8
25.7
49.8
50.8
12.8
49.8
49.8
12.2
49.0
51.4
12.1
48.4
46.6
10.7
47.7
46.5
10.0
47.6
47.3
6.2
9.3
7.0
47.9
46.7
25.0
51.4
51.8
11.2
10.4
25.8
50.0
53.5
13.6
25.0
52.1
52.6
11.7
11.0
25.4
26.0
26.5
26.7
26.5
25.8
26.5
27.2
27.7
3.4
55.6
55.7
14.9
11.6
25.6
3.6
II
III
IV
255.0 254.7 253.6
1
94.7
95.7
94.7
2
48.0
47.9
46.9
3
46.7
48.0
47.7
28.0
28.3
28.4
57.8
66.0
14.8
20.4
26.8
58.3
65.1
14.4
20.2
26.5
4.0
4.1
58.6
62.0
14.3
17.6
26.3
3.7
133.7
135.0
135.1
135.7
136.9
137.9
140.8
142.4
143.5
144.8
145.8
147.7
149.2
149.7
151.4
153.6
154.3
155.5
156.9
158.5
159.3
75.3
58.5
76.1
58.8
77.4
57.7
78.5
57.2
79.0
57.9
80.4
60.3
4.5
8.7
17.7
29.5
81.1
61.3
82.1
61.4
83.0
61.8
84.0
61.8
85.0
62.7
86.1
63.1
86.9
62.8
87.6
63.8
88.6
65.0
88.9
65.4
90.2
65.3
91.2
65.7
92.0
66.6
91.9
67.4
92.5
67.7
93.1
65.9
94.0
64.9
17.3
28.5
79.7
58.2
4.3
8.5
17.5
28.0
18.6
29.0
19.1
28.3
19.3
28.1
10.0
19.8
27.3
10.3
20.4
27.2
10.4
21.3
26.5
10.6
21.6
25.7
10.7
21.8
26.2
10.8
21.9
27.1
10.6
22.4
27.2
10.8
23.0
26.2
10.7
23.4
26.2
11.1
23.8
26.0
10.9
24.2
26.9
11.1
24.1
27.0
10.8
24.1
25.7
10.5
24.1
25.0
3.9
7.1
4.0
7.2
4.1
7.4
4.2
7.7
15.3
32.1
15.1
32.4
15.5
30.7
16.6
28.8
4.1
8.1
9.7
25.5
3.6
3.8
4.6
9.1
9.8
4.0
4.5
9.5
7.9
4.2
4.6
9.8
4.5
4.7
4.4
4.8
4.6
4.9
9.4
4.6
5.0
7.1
4.4
5.0
6.9
4.1
5.2
8.3
4.5
5.2
6.1
4.0
5.3
3.8
5.5
3.7
5.6
8.7
6.5
3.8
5.4
8.2
6.5
4.1
8.2
7.6
3.7
8.2
6.4
3.9
160.2 159.0 158.9
5.4
5.4
5.3
4
5
6
7
8
9
10
11
12
13
14
15
124
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
Table 3.9.—Government Gross Fixed
1946
Line
1948
1947
1950
1949
1951
1952
1953
1954
1955
1956
1957
Millions of dollars
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
capital
2,444
3,619
5,284
6,986
7,727
10,665
10,642
11,542
12,120
11,972
13,682
15,052
Federal^
Structures .
New (including construction force
account compensation).
Net purchases of used structures
Durable eauipment
809
677
677
679
636
636
1,125
1,019
1,019
1,497
1,351
1,351
1,712
1,447
1,447
3,520
2,094
2,094
3,126
2,798
2,798
3,427
2,849
2,849
2,693
2,425
2,425
1,690
1,481
1,482
2,130
1,364
1,366
2,185
1 685
1,687
132
43
106
146
265
1,426
328
578
268
-1
209
-2
766
-2
500
26
25
39
54
63
125
188
199
175
150
155
178
188
2,023
204
856
158
1,304
137
2,043
177
2,295
887
6,553
1,387
13,389
1,290
12,012
1,003
10,339
1,287
9,784
1,360
10,494
1,287
10,741
1,635
1,403
1,366
2,940
2,527
2,479
4,159
3,589
3,527
5,489
4,887
4,781
6,015
5,385
5,242
7,145
6,419
6,274
7,516
6,728
6,594
8,115
7,278
7,103
9,427
8,479
8,284
10,282
9,274
8,946
11,552
10,369
10,006
12,867
11,460
11,085
37
232
48
413
62
570
106
602
143
630
145
726
134
788
175
837
195
948
328
1,008
363
1,183
375
1,407
34
62
88
120
131
157
197
195
216
219
257
273
Government gross
formation.
fixed
Addenda: Government enterprises
Construction force account
compensation.
Military facilities
Military equipment State and local
Structures
New (including construction force
account compensation).
Net purchases of used structures.
Durable equipment
-Addenda: Government enterprises
Construction force account
compensation.
Millions of 1972 dollars
18
19
20
Government gross
formation.
fixed
capital
Federal
State and local
6,463
7,788
10,263
13,787
15,761
18,952
18,552
20,065
21,750
21,357
22,151
23,402
2,363
4,100
1,517
6,271
2,223
8,040
2,937
10,850
3,471
12,'29O
6,228
12,724
5,602
12,950
6,000
14,065
4,873
16,877
3,031
18,326
3,387
18,764
3,327
20,075
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT BUSINESS.
1. Excludes military facilities, military equipment, and net purchases of used structures
by defense agencies. Purchases of military facilities and military equipment are shown in
lines 9 and 10.
Table 3.10.—Social Insurance Funds
[Millions of
Line
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1966
1957
Federal
6,114
5,789
5,281
5,804
6,814
8,005
8,425
8,528
9,349
10,573
11,893
13,648
5,506
5,122
4,525
4,951
5,930
7,118
7,417
7,412
8,156
9,375
10,621
12,298
Personal contributions-
1,773
1,833
1,829
Employer contributions
Government and government enterprises.
Other
3,733
1,667
2,066
Receipts..
Contributions for social insurance-
Investment income.
ExpendituresBenefits
Administrative costs
Surplus or deficit ( - )
854
2,435
2,340
1,856
2,448
2,904
3,181
3,305
3,874
4,418
4,917
5,707
3,095
746
3,482
419
4,214
530
4,236
545
4,107
348
4,282
204
4,957
426
5,704
685
6,591
1,067
2,349
3,063
3,684
3,691
3,759
4,078
4,531
5,019
5,524
887
1,008
1,116
1,193
1,198
1,272
1,350
667
756
853
884
2,605
2,251
2,415
3,732
6,461
4,773
5,142
6,002
7,843
8,565
9,479
11,670
2,361
244
2,137
114
2,240
175
3,506
226
6,123
338
4,385
388
303
5,655
347
7,524
319
8,110
455
9,004
475
11,251
419
3,509
3,538
2,866
2,072
353
3,232
3,283
2,526
1,506
2,008
2,414
1,978
State and local
Receipts
Contributions for social insurancePersonal contributions
Employer contributions__
Government and government enterprises.
Other
693
799
956
1,081
1,286
1,542
1,770
1,952
2,226
2,388
2,673
2,994
595
695
841
944
1,128
1,357
1,553
1,721
1,954
2,077
2,315
2,582
238
285
349
378
446
538
612
749
318
357
257
410
492
368
566
430
682
520
819
636
941
726
1,041
801
1,205
952
1,259
998
1,412
1,125
1,597
1,286
124
136
162
183
215
240
253
261
287
311
115
137
158
185
217
231
272
311
358
412
571
677
768
863
958
1,041
1,182
1,335
552
19
658
19
750
18
843
20
938
20
1,022
19
1,161
21
1,307
28
1,002
1,089
1,268
1,347
1,491
1,659
100
298
112
Investment income...
98
Expenditures...
351
Benefits
Administrative costs..
343
8
431
13
342
512
Surplus or deficit ( - ) _
104
444
401
470
18
* Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT BUSINESS.
715
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
125
Capital Formation: Annually 1946-74
1958
1959
1960
1961
1962
1963
1964
1966
1965
1967
1968
1969
1970
1971
1972
1973*
1974*
Line
MiUions of dollars
16,409
16,447
16,577
18,306
19,632
21,911
24,076
26,409
28,994
30,265
32,095
32,431
33,174
35,080
35,923
38,765
45,344
1
2,535
1,981
1,985
2,173
2,249
2,259
2,275
2,251
2,256
2,842
2,504
2,508
3,322
2,640
2,647
3,939
2,814
2,822
4,985
3,177
3,184
5,241
3,233
3,237
4,265
2,566
2,572
3,613
2,554
2,559
3,235
2,429
2,433
3,345
2,564
2,572
3,620
3,076
3,081
3,751
3,304
3,304
3,902
3,685
3,685
4,284
4,172
4,172
2
3
4
-4
554
-10
-76
-4
338
-7
682
-8
1,125
-7
1,808
-4
2,008
-6
1,699
-5
1,059
-4
806
-8
781
-5
544
229
477
237
446
240
411
211
442
206
431
212
534
229
559
180
587
167
665
148
935
165
1,203
199
0
447
1,529
214
0
217
1,584
239
0
112
1,839
276
5
6
208
-5
24
295
222
4,583
2,986
2,988
-2
1,597
1,402
11,732
1,465
12,433
1,366
9,588
1,371
11,983
1,266
11,955
1,179
11,119
910
9,982
830
9,056
727
9,767
695
11,676
808
12,233
879
12,138
718
13,201
901
11,346
1,003
12,478
1,170
10,640
1,185
9,629
9
10
13,874
12,483
12,070
14,274
12,839
12,346
14,302
12,702
12,241
15,464
13,786
13,269
16,310
14,524
13,956
17,972
15,969
15,356
19,493
17,232
16,485
21,424
18,953
18,048
23,753
20,993
20,043
26,000
23,042
22,061
28,482
25,220
24,238
29,196
25,578
24,651
29,829
25,789
24,806
31,460
26,957
25,888
32,172
27,168
26,092
34,863
29,282
28,154
41,060
34,967
33,745
11
12
13
413
1,391
493
1,435
461
1,600
517
1,678
568
1,786
613
2,003
747
2,261
905
2,471
950
2,760
981
2,958
982
3,262
927
3,618
983
4,040
1,069
4,503
1,076
5,004
1,128
5,581
1,222
6,093
14
15
305
3,401
408
3,404
391
3,814
417
4,080
443
4,165
498
4,760
493
5,024
521
5,116
554
5,745
561
6,804
626
6,866
659
7,027
707
7,128
761
7,708
772
8,579
775
10,750
901
16
17
7
8
MiUions of 1972 dollars
25,903
25,999
26,424
28,974
30,470
33,438
36,117
38,574
40,880
41,472
42,112
39,786
37,488
36,901
35,923
36,306
35,868
18
3,873
22,030
3,397
22,602
3,573
22,851
4,359
24,615
4,965
25,505
5,764
27,674
6,529
29,588
6,960
31,614
7,111
33,769
5,746
35,726
4,660
37,452
3,982
35,804
3,660
33,828
3,751
33,150
3,751
32,172
3,761
32,545
3,559
32,309
19
20
1965
1966
1967
1968
1969
1970
1971
1972
1973*
1974*
Receipts and Expenditures: Annually, 1946-74
dollars]
1958
1959
1960
1961
1962
1963
1964
Line
13,744
16,241
18,992
19,691
21,922
24,611
25,627
26,831
35,189
39,230
43,638
50,319
54,489
59,704
67,823
85,130
96,079
12,418
14,920
17,621
18,261
20,476
23,096
23,973
25,012
33,121
36,730
40,812
46,966
49,728
54,904
62,754
79,405
89,419
2
5,759
6,734
7,976
8,266
8,840
10,197
10,771
11,344
15,615
18,120
20,158
23,350
24,722
27,140
30,263
37,993
42,943
3
6,659
1,290
8,186
1,385
9,645
1,564
9,995
1,645
11,636
1,802
12,899
2,040
13,668
2,285
17,506
2,838
18,610
3,181
20,654
3,631
23,616
4,148
25,006
4,915
27,764
5,719
32,491
6,485
41,412
7,696
46,476
8,903
4
5
5,369
6,801
8,081
8,350
9,834
10,859
13,202
2,224
10,978
11,383
14,668
15,429
17,023
19,468
20,091
22,045
26,006
33,716
37,573
6
1,326
1,321
1,371
1,430
1,446
1,515
1,654
1,819
2,068
2,500
2,826
3,353
4,761
4,800
5,069
5,725
6,660
7
15,387
16,032
17,441
20,765
21,203
22,392
22,852
24,810
27,714
33,115
38,306
42,240
50,315
59,177
65,258
76,048
90,310
8
14,813
574
15,334
698
16,733
708
19,879
886
20,310
893
21,422
970
21,877
975
23,728
1,082
26,506
1,208
31,881
1,234
36,919
1,387
40,115
2,125
48,145
2,170
56,719
2,458
62,472
2,786
73,310
2,738
87,009
3,301
9
10
-1,643
209
1,551
-1,074
719
2,219
2,775
2,021
7,475
6,115
5,332
8,079
4,174
527
2,565
9,082
5,769
11
3,280
3,703
4,165
4,521
4,817
5,289
5,936
6,357
7,310
8,571
9,431
10,346
11,802
13,295
14,664
16,302
18,026
12
2,790
3,086
3,437
3,675
3,859
4,217
4,690
5,012
5,703
6,655
7,241
7,929
8,984
9,940
10,840
12,078
13,470
13
1,102
1,202
1,302
1,388
1,478
1,580
1,793
1,982
2,177
2,491
2,691
2,958
3,310
3,630
3,907
4,209
4,472
14
1,688
1,408
1,884
1,588
2,135
1,819
2,287
1,959
2,381
2,027
2,637
2,250
2,897
2,482
3,030
2,595
3,526
3,065
4,164
3,673
4,550
4,026
4,971
4,409
5,674
5,057
6,310
5,641
6,933
6,188
7,869
7,014
8,998
8,021
15
16
280
296
316
328
354
387
415
435
461
491
524
562
617
669
745
855
977
17
1
490
617
728
846
958
1,072
1,246
1,345
1,607
1,916
2,190
2,417
2,818
3,355
3,824
4,224
4,556
1,524
1,682
1,871
2,072
2,234
2,476
2,745
2,923
3,332
3,776
4,087
4,490
5,048
5,804
6,531
7,458
8,255
18
19
1,462
62
1,603
79
1,804
67
1,990
82
2,164
70
2,375
101
2,633
112
2,800
123
3,197
135
3,631
145
3,923
164
4,306
184
4,836
212
5,557
247
6,256
275
7,131
327
7,894
361
20
21
1,756
2,021
2,294
2,449
2,583
2,813
3,191
3,434
3,978
4,795
5,344
5,856
6,754
7,491
8,133
8,844
9,771
22
126
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
Table 3.11.—Contributions for
[Millions of
Line
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
1946
Contributions for social insurance..
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
6,101
5,817
5,366
5,895
7,058
8,475
8,970
9,133
10,110
11,452
12,936
14,880
4,090
3,699
3,188
3,661
4,164
5,033
5,177
5,148
5,487
6,216
7,116
8,188
Federal social insurance funds
Old-age, survivors, disability, and
hospital insurance.
Old-age, survivors, and disability
insurance.
Hospital insurance
_
_
3,733
687
687
3,289
780
2,696
839
3,095
816
3,482*
1,308
4,214
1,660
4,236
1,776
4,107
1,882
4,282
2,458
4,957
2,825
5,704
3,043
6,591
3,673
780
839
816
1,308
1,660
1,776
1,882
2,458
2,825
3,043
3,673
State unemployment insurance
Federal unemployment tax
Railroad unemployment i n s u r a n c e Railroad retirement
Federal ci vi lian employees retirement.
Veterans life insurance
Workmen's compensation
893
184
139
163
241
1,413
13
1,029
212
143
271
241
599
14
965
228
25
283
244
98
14
1,010
223
23
277
273
459
14
1,217
232
24
282
316
80
23
1,465
263
26
307
316
144
33
1,350
263
25
319
326
138
39
1,288
298
25
312
188
71
43
1,081
289
24
294
42
50
44
1,221
304
25
308
144
82
48
1,475
326
76
316
393
23
52
1,507
337
97
304
599
18
56
State and local social insurance funds..
State and local employees retirement.
Cash sickness compensation
Workmen's compensation
357
250
410
290
492
360
682
510
7
165
819
625
2
192
941
715
4
222
1,041
790
4
247
1,205
940
4
261
1,259
985
5
269
1,412
1,110
4
298
1,597
1,270
6
321
Employer contributions
Personal contributions
Fede ral social insurance funds
Old-age, survivors, disability, and
hospital insurance.
Employees
Old-age, survivors, and disability insurance.
Hospi tal insurance
Self-employed
1C7
120
132
566
420
2
144
2,011
2,118
2,178
2,234
2,894
3,442
3,793
3,985
4,623
5,236
5,820
6,692
1,773
687
1,833
780
780
780
1,829
839
1,856
816
2,448
1,308
2,904
1,660
3,181
1,982
3,305
2,101
3,874
2,681
4,418
3,123
4,917
3,511
5,707
4,195
839
839
816
816
1,308
1,308
1,660
1,660
1,776
1,776
1,882
1,882
2,458
2,458
2,825
2,825
3,043
3,043
3,673
3,673
219
223
298
468
522
687
687
206
»
25
26
27
28
29
Supplementary medical insurance
State unemployment insurance
Railroad retirement
Fede ral civilian employees retirement.
Veterans life insurance
44
163
262
617
33
271
246
503
18
283
275
414
11
277
350
402
13
282
371
474
13
307
391
533
14
319
427
439
14
312
431
447
13
294
430
456
14
308
513
460
16
316
600
474
15
304
674
519
30
31
32
State and local social insurance funds..
State and local employees retirement.
Cash sickness compensation
238
190
48
285
230
55
349
280
69
378
330
48
446
395
51
538
490
48
612
560
52
680
625
55
749
690
59
818
755
63
903
835
68
985
915
70
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT BUSINESS.
127
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
Social Insurance: Annually, 1946-74
dollars]
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
15,208
18,006
21,058
21,936
24,335
27,313
28,663
30,024
38,824
43,385
48,053
54,895
8,347
10,070
11,780
12,282
14,017
15,536
16,099
16,698
21,032
22,774
25,204
28,587
6,659
3,657
8,186
4,556
9,645
5,632
9,995
5,700
11,636
6,226
12,899
7,464
13,202
7,846
13,668
8,330
17,506
12,053
18,610
13,411
20,654
15,296
3,657
4,556
5,632
5,700
6,226
7,464
7,846
8,330
11,033
11,866
1,020
1,545
1973*
1974*
73,594
91,483
102,889
1
39,424
49,281
55,474
2
27,764
20,842
32,491
23,367
41,412
30,441
46,476
34,499
3
4
16,381
18,411
20,641
25,184
29,137
5
2,371
2,431
2,726
5,257
5,362
6
7
1971
1972
58,712
64,844
30,680
34,074
23,616
18,081
25,006
18,752
13,184
15,794
2,112
2,287
Line
1,503
326
106
265
726
13
63
2,024
337
151
287
755
12
64
2,300
343
165
297
838
10
60
2,464
456
153
275
875
10
62
2,997
947
160
289
943
8
66
3,034
847
156
287
1,034
8
69
3,059
619
153
305
1,138
10
72
3,076
558
149
326
1,146
9
74
3,014
597
146
363
1,244
7
82
2,614
601
141
402
1,339
9
93
2,536
634
136
438
1,501
9
104
2,529
669
131
464
1,612
9
121
2,493
854
128
517
2,104
11
147
2,706
853
123
535
2,521
8
176
4,169
1,182
119
567
2,872
12
203
5,111
1,511
118
768
3,217
9
237
5,320
1,289
119
1,129
3,809
2
309
8
9
10
11
12
13
1,688
1,370
6
312
1,884
1,559
6
319
2,135
1,775
7
353
2,287
1,903
7
377
2,381
1,970
8
403
2,637
2,187
8
442
2,897
2,417
8
472
3,030
2,525
9
496
3,526
2,980
10
536
4,164
3,574
10
580
4,550
3,916
15
619
4,971
4,288
19
664
5,674
4,921
28
725
6,310
5,487
37
786
6,933
6,025
44
864
7,869
6,828
47
994
8,998
7,803
41
1,154
14
15
16
17
6,861
7,936
9,278
9,654
10,318
11,777
12,564
13,326
17,792
20,611
22,849
26,308
28,032
30,770
34,170
42,202
47,415
18
5,759
4,238
6,734
5,146
7,976
6,331
8,266
6,525
8,840
7,068
10,197
8,348
10,771
8,853
11,344
9,351
15,615
13,138
18,120
15,221
20,158
16,885
23,350
19,859
24,722
20,690
27,140
22,789
30,263
25,525
37,993
33,012
42,943
37,646
19
20
3,657
3,657
4,556
4,556
5,632
5,632
5,700
5,700
6,226
6,226
7,464
7,464
7,846
7,846
8,330
8,330
12,066
11,045
13,426
11,879
15,310
13,196
18,096
15,807
18,768
16,395
20,860
18,428
23,392
20,664
30,470
25,208
34,538
29,166
21
22
581
590
699
825
842
884
1,007
1,021
1,021
1,072
1,547
1,795
2,114
1,575
2,289
1,763
2,373
1,922
2,432
1,929
2,728
2,133
5,262
2,542
5,372
3,108
23
24
13
265
726
517
13
287
760
528
14
297
794
540
16
275
883
567
19
289
900
564
21
287
972
569
20
305
1,052
541
20
326
1,082
565
320
21
358
1,172
606
636
22
375
1,277
589
828
25
414
1,424
582
908
27
443
1,535
578
1,091
38
437
1,887
579
1,293
29
450
1,988
591
1,375
26
499
2,144
694
1,543
27
522
2,246
643
1,795
29
361
2,455
657
25
26
27
28
29
1,102
1,025
77
1,202
1,114
88
1,302
1,201
101
1,388
1,280
108
1,478
1,341
137
1,580
1,401
179
1,793
1,591
202
1,982
1,729
253
2,177
1,902
275
2,491
2,204
287
2,691
2,383
308
2,958
2,615
343
3,310
2,974
336
3,630
3,279
351
3,907
3,495
412
4,209
3,758
451
4,472
4,005
467
30
31
32
128
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
Table 3.12.—Government Transfer
[Millions of
Line
1
2
3
4
5
6
7
8
9
1946
Government transfer payments to
persons.
Federal
Benefits from social insurance funds
Old-age, survivors, and disability
insurance.
Hospital and supplementary medical
insurance.
Unemployment insurance
State
Federal employees
Railroad
1947
1948
1950
1949
10,848
11,150
10,627
9,125
8,830
2,361
378
2,137
463
1,133
1,095
829
775
1952
1951
1954
1953
1956
1955
1957
12,103
12,900
15,104
16,236
17,310
8,525
8,761
9,448
11,512
12,421
13,373
15,734
4,385
1,872
4,839
2,177
5,655
2,979
7,524
3,633
8,110
4,915
9,004
5,652
11,251
7,321
1,068
992
1,046
954
2,221
2,015
1,520
1,373
27
120
1,899
1,724
31
144
11,722
14,404
7,632
8,740
10,829
2,240
552
3,506
664
6,123
954
850
790
1,865
1,730
1,457
1,367
884
837
11,644
20,081
38
54
60
135
90
47
76
92
206
1,516
1,341
28
147
161
348
198
281
251
220
288
242
307
273
318
288
442
328
469
396
529
412
566
453
624
554
688
647
12
13
Railroad retirement
Federal civilian employees retirement.
Civil service..
Other i
345
3
278
3
216
4
237
5
267
6
283
5
322
6
405
7
445
8
545
9
637
10
14
15
Veterans life insurance.
Workmen's compensation
328
13
352
14
353
14
433
14
3,109
23
990
33
785
39
389
7
722
43
685
44
612
48
602
52
640
56
125
6,509
1,580
1,313
1,467
2,149
166
6,230
2,042
1,843
762
1,583
226
4,828
2,110
1,864
420
434
298
4,596
2,147
1,898
382
169
329
4,018
2,192
1,676
32
118
343
3,502
2,126
1.220
2
154
359
3,342
2,239
649
0
454
388
3,215
2,400
459
0
356
420
3,446
2,514
504
103
325
466
3,733
2,706
648
82
297
519
3,737
2,764
726
55
192
556
3,801
2,921
708
49
123
10
11
16
17
18
19
20
21
M ilitary retirement
Veterans benefits. .
Pension and disability
Readjustment
Unemployment
Others
22
23
24
25
26
27
Food stamp benefits
Black lung benefits
Special unemployment benefits .
Supplemental security income
Direct relief.
Other*
28
State and local
130
297
338
340
359
295
221
190
122
112
113
126
1,723
2,320
2,995
2,982
3,575
3,119
3,342
3,452
3,592
3,815
3,937
4,347
392
275
22
95
431
300
26
105
470
325
31
114
552
385
38
129
658
475
36
147
750
545
43
162
843
620
49
174
938
690
60
188
1,022
760
63
199
1,161
872
74
215
1,307
995
84
228
J
1,478
295
1,727
364
2,169
475
2,345
551
2,267
552
2,297
539
2,357
545
2,495
613
2,563
633
2,766
714
1
1,019
164
1,165
198
1,414
280
1,504
290
1,523
192
1,590
168
1,662
150
1,665
195
1,670
212
1,734
196
1,842
210
450
837
343
678
194
295
252
221
298
213
274
29
30
31
32
Benefits from social insurance f u n d s . . .
Government pensions
Cash sickness compensation
Workmen's compensation
343
255
5
83
33
34
35
36
Direct relief
Aid to families with dependent
children.
Other categorical public assistance *..
General assistance
1 1,057
37
Other*
1,177
120
203
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT BUSINESS.
1. Consists largely of foreign service and Tennessee Valley Authority.
2. Consists of mustering out pay, terminal leave pay, and adjusted compensation benefits.
3. Consists largely of payments to nonprofit institutions and aid to students.
4. Prior to 1974, consists of old-age assistance, aid to the blind, and aid to the permanently
and totally disabled. In 1974, these programs were replaced by the Federal supplementary
security income (SSI) program. Beginning with 1974 consists of State benefits under the SSI
program. Federal SSI benefits are shown in line 25.
5. Consists largely of educational assistance, medical insurance premiums paid on behalf
of indigents, veterans bonuses, other types of veterans aid, and foster care payments.
Table 3.13.—Subsidies Less Current Surplus
[Millions of
Line
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
1961
1960
Subsidies less current surplus of government enterprises
Federal
...
.
Subsidies . .
Agricultural
Housing
.
Maritime
_.
. .
..
Air carriers
Other1
..
Less: Current surplus of government enterprises
Postal Service
Commodity Credit Corporation
Federal Housing Administration
Tennessee
Valley Authority
Other 2
State and local
Subsidies
Less: Current surplus of government enterprises
Water and sewerage
Gas and electricity
.
.
Toll facilities
Liquor stores
Air and water terminals
Housing and urban renewal
Public8 transit
Other
.-
.
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT BUSINESS.
1. Consists largely of subsidies to exporters of farm products and to railroads.
1962
1963
1964
1965
1966
4,222
1,683
1,758
1,120
1,658
1,610
2,615
4,011
4,211
3,874
4,506
4,576
5,498
1,239
719
146
242
70
62
-1,376
-610
-1,284
122
98
298
2,137
1,515
159
299
81
83
-1,874
-779
-1,629
134
99
301
2,399
1,728
176
338
83
74
-1,812
-800
-1,590
145
98
335
2,310
1,683
195
279
83
70
-1,564
-590
-1,584
153
105
352
2,800
2,175
210
283
82
50
-1,706
-679
-1,712
175
121
389
3,070
2,462
234
276
79
19
-1,506
-728
-1,501
196
118
409
4,008
3,282
254
255
67
150
-1,490
-954
-1,239
181
114
408
-2,193
-2,328
-2,453
-2,754
-2,848
-2,966
-3,002
0
2,193
654
649
359
251
86
180
-18
32
0
2,328
651
675
373
252
106
203
10
58
0
2,453
766
706
405
256
117
175
17
11
12
2,766
879
856
426
264
137
223
—31
12
10
2,858
918
875
463
278
151
204
—28
-3
18
2,984
952
909
513
301
170
207
-61
-7
24
3,026
945
914
549
325
194
191
-55
-37
2,496
2. Consists largely of Federal Deposit Insurance Corporation, Federal Savings and Loan
Insurance Corporation, Government National Mortgage Association, and Export-Import
Bank.
3. Consists of State lotteries, off-track betting, local parking, and miscellaneous activities.
129
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
Payments to Persons: Annually, 1946-74
dollars]
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973*
1974*
24,341
25,209
26,966
30,782
31,626
33,433
34,775
37,602
41,627
49,458
56,542
62,674
75,898
89,869
99,377
113,483
134,530
1
Line
19,550
20,117
21,562
24,980
25,587
27,025
27,875
30,285
33,480
40,080
45,957
50,563
61,335
72,664
80,461
93,186
114,511
-2
14,813
8,478
15,334
10,175
16,733
11,130
19,879
12,614
20,310
14,298
21,422
15,245
21,877
16,018
23, 728
18,067
26,506
19, 786
31,881
21,122
36,919
24,598
40,115
26,382
48,145
31,380
56,719
36,617
62,472
40,948
73,310
50,655
87,009
57,617
3
4
1,008
4,341
5,628
6,536
7,075
7,834
8,607
9,712
12,510
5
4,146
3,796
68
282
2,754
2,408
57
289
2,996
2,727
55
214
4,295
3,981
59
255
3,104
2,868
53
183
2,971
2,763
60
148
2,688
2,506
58
124
2,299
2,149
49
101
1,875
1,756
41
78
2,191
2,074
42
75
2,141
2,010
50
81
2,243
2,102
47
94
3,986
3,812
79
95
5,796
5,567
109
120
5,615
5,400
128
87
4,282
4,100
124
58
6,639
6,437
150
52
6
7
8
9
737
737
833
853
949
938
994
1,009
1,040
1,115
1,070
1,261
1,097
1,381
1,140
1,516
1,202
1,876
1,308
2,067
1,471
2,264
1,541
2,553
1,745
3,024
1,995
3,504
2,154
4,145
2,566
5,041
2,787
6,293
10
11
726
11
842
11
926
12
995
14
1,098
17
1,242
19
1,361
20
1,493
23
1,850
26
2,038
29
2,231
33
2,513
40
2,975
49
3,445
59
4,078
67
4,963
78
6,199
94
12
13
652
63
655
64
660
60
905
62
687
66
806
69
759
93
713
104
739
121
788
147
797
176
800
203
817
237
854
309
14
15
636
3,873
3,282
479
99
13
757
3,828
3,442
301
83
2
864
3,933
3,647
179
106
1
969
3,919
3,743
97
78
1
1,120
4,016
3,871
54
90
1
632
74
1,507
4,259
4,184
9
66
677
82
622
3,934
3,145
624
98
67
621
72
1,331
4,075
3,954
32
88
1
1,721
4,159
4,038
83
38
1,987
4,799
4,446
307
46
2,288
5,159
4,592
499
68
2,661
5,884
5,090
708
86
3,162
6,788
5,433
1,154
201
3,673
7,889
5,884
1,656
349
4,161
8,868
6,312
2,192
364
4,695
9,484
6,461
2,823
200
5,658
10,713
7,115
3,352
246
16
17
18
19
20
21
7
14
26
28
45
84
139
198
264
1,103
110
1,698
379
1,980
554
2,209
1,057
3,446
962
4,031
22
23
24
25
181
224
244
297
375
441
564
746
1,010
1,274
1,393
1,639
2,027
2,306
2,426
2,431
2,692
26
27
4,791
5,092
5,404
5,802
6,039
6,408
6,900
7,317
8,147
9,378
10,585
12,111
14,563
17,205
18,916
20,297
20,019
28
29
30
31
32
33
34
1,462
1,105
104
253
1,603
1,219
113
271
1,804
1,372
138
294
1,990
1,510
160
320
2,164
1,631
185
348
2,375
1,779
229
367
2,633
2,000
249
384
2,800
2,137
261
402
3,197
2,497
267
433
3,631
2,877
285
469
3,923
3,112
317
494
4,306
3,420
357
529
4,836
3,898
39S
540
5,557
4,572
399
586
6,256
5,149
417
690
7,131
5,885
463
783
7,894
6,518
495
881
3,045
836
3,199
934
3,260
991
3,408
1,146
3,648
1,356
3,824
1,500
4,007
1,650
4,319
1,854
4,942
2,256
5,673
2,833
6,640
3,541
8,394
4,823
10,103
6,172
10,982
6,875
1,907
302
1,921
344
1,947
322
1,906
356
3,512
1,288
1,931
293
2,013
279
2,051
273
2,098
259
2,201
264
2,360
326
2,419
421
2,627
472
2,953
618
3,365
742
284
290
340
404
363
385
443
510
631
805
989
1,165
1,333
3,172
759
1,545
11,313
7,178
3,449
686
1,678
1,853
10,027
7,887
1,314
826
2,098
35
36
37
of Government Enterprises: Annually, 1960-74
dollars]
Line
1967
Subsidies less current surplus of government enterprises
Federal
Subsidies
Agricultural
Housing
Maritime..
Air carriers
_
Other i
Less: Current surplus of government enterprises
Postal Service
_
Commodity Credit Corporation
Federal Housing Administration
Tennessee Valley Authority
Other 2
State and local
Subsidies
Less: Current surplus of government enterprises
Water and sewerage
Gas and electricity
Toll facilities
Liquor stores
Air and water terminals
Housing and urban renewal
Public transit
Other*
_
1__II_I_IIII
1968
1970
1971
1972
1973*
1974*
1,817
2,716
2,387
3,588
3,712
697
4,495
5,165
6,316
6,192
7,805
8,222
5,235
4,259
3,489
327
316
51
76
-236
-754
-343
214
133
514
4,585
3,787
420
275
39
64
-580
-1,044
-557
230
145
646
4,840
3,674
606
328
31
201
-1,476
-1,943
-532
250
178
571
4,786
3,151
944
405
75
211
-1,406
-1,982
-514
282
238
570
6,783
3,948
1,439
440
67
889
1,022
1,466
-672
285
230
601
5,391
2,621
1,646
440
67
617
-2,831
-2,136
-1,740
260
257
528
3,449
530
2,139
461
75
244
-1,786
-1,922
-958
104
325
665
-3,055
-3,163
-3,348
-3,600
-3,805
4,217
-4,510
-4,538
26
3,081
904
963
570
350
229
190
-74
-51
27
3,190
933
1,023
599
377
259
214
-144
25
3,373
1,065
1,074
639
392
283
227
-165
-142
24
3,624
1,225
1,129
648
403
309
264
-215
-139
34
3,839
1,353
1,142
670
412
351
53
4,270
1,501
1,252
728
417
419
461
-541
33
1,619
4,674
3,870
3,116
278
284
60
132
-804
-1,057
-572
196
119
510
1,332
-71
-90
81
4,591
1,587
1,416
774
423
476
489
-729
155
114
4,652
1,627
1,549
811
429
527
524
-993
178
130
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
Table 3.14.—Government Expenditures by Type
[Millions of
1952
State and local
Federal
Line
Expenditures
Purchases
of goods
and
services
Transfer
payments
and net
interest
paid
GrantsSubsidies
in-aid to less current
State and surplus of Expendilocal govgoverntures
ernments
ment
enterprises
Purchases
of goods
and
services
Subsidies
Transfer
payments less current
surplus of
and net
governinterest
ment
paid
enterprises
1
Total
171,052
52,365
15,306
2,646
767
25,481
23,217
2
National defense
46,138
45,838
341
69
-110
136
136
43,247
1,673
1,218
43,002
1,624
1,212
340
1
15
48
6
-110
50
48
38
50
48
38
6,315
1,640
4,797
11
-133
2,592
2,034
1,488
249
97
-133
1,488
249
642
13
200
8,247
8,217
6,840
1,052
355
6,840
1,052
325
30
2,267
2,229
. 38
3
4
5
Military services and foreign military assistance.
Nuclear energy research and development.
Other
6
Space research and technology
7
Central administration and management
8
9
10
11
12
13
14
15
16
17
18
19
Administration
Property and records management
Personnel management and employment costs
Net interest paid
Other
International affairs and finance
Conduct of foreign affairs and informational activities
Foreign economic assistance and other transfers.
Education
Elementary and secondary
Higher
Other
20
Health and hospitals
21
Social security and special welfare services
22
23
24
25
Old-age, survivors, and disability insurance
Hospital and supplementary medical insurance
Public assistance and relief
Other...
26
Civilian safety
27
28
29
Police
Fire
Correction
30
Labor
}
426
323
4 457
16
2,380
292
2,088
292
2,088
292
326
92
222
41
42
43
44
Highways
Water
Railroads
Air
.
(
\
30
160
115
3,691
133
2,220
1,338
2,841
467
2,374
2,240
63
2,177
1,279
172
2
68
1,277
61
2,765
76
467
2,298
76
24
24
1,935
1,935
24
24
993
611
331
993
611
331
1,300
40
192
422
217
205
192
422
217
205
116
162
14
5,451
Transportation
199
157
Veterans benefits and services
40
35
432
33
Regulation of commerce and finance
2,088
35
1,068
232
39
11
545
13
200
23
69
Unemployment insurance
Other.....
Pension and disability
Readjustment and other
Insurance..
Hospitals and medical care
Administration and other services
719
212
283
2,239
1,240
790
913
269
-1,091
558
104
31
32
34
35
36
37
38
1
720
212
606
4,457
320
3,355
40
1,203
27
909
267
33
33
1,594
597
532
454
442
166
72
389
19
86
136
199
43
1,068
1,068
4,132
2,239
1,103
790
462
20
442
148
110
4
2
490
460
148
148
14
14
244
244
45
4,595
4,736
-141
45
4,512
20
4,621
52
-109
-32
63
63
0
-68
-178
29
-207
30
45
Other commerce and transportation
46
Utilities and sanitation
818
1,449
-631
47
48
49
50
Transit..
Gas and electricity
Water and sewerage
Sanitation
47
-86
511
346
65
203
835
346
-18
-289
-324
475
587
-112
475
587
-112J
51
52
53
Housing and community development
Urban renewal and community facilities
Public housing.
54
Nuclear enerifv research and develoDment
55
56
57
58
59
60
61
62
63
64
Postal services
Agriculture and agricultural resources
Stabilization of farm orices and income
Financing farm ownershiD and utilities
Conservation of agricultural resources
Other
Natural resources
Conservation and dftvpiotYmpnt of rpsonrpps
Recreation
-62
-71
5
-67
4
-75
136
131
834
1,267
689
61
363
154
1,206
1,179
27
20
956
665
61
116
114
1,194
1,167
27
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT
BUSINESS.
1. Includes employee compensation on a disbursement basis. The estimates by type of
1
8
1
[
8
5
45
1
1
5
40
58
58
5
5
814
266
24
303
301
2
242
303
301
2
617
310
307
617
310
307
-47
-47
function include employee compensation on an accrual basis. Wage accruals less disbursements (in millions of dollars) for the Federal Government is as follows: 1952, 32; 1953, —76.
1971,39; 1972,483; 1973,8; 1974, -530; and for State and local governments; 1971,170; 1972, -150;
1973, - 2 0 .
131
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
of Function: Annually, 1952-74
dollars]
1954
1953
Federal
State and local
Subsidies
PurTrans- Grantsless
Exchases fer pay- in-aid to current
Expendi- of goods ments
State
surplus pendiand
tures
and net and local of govtures
services interest govern- ernment
ments
enterpaid
prises
1
Purchases
of goods
and
services
Transfer payments
and net
interest
paid
3,459
State and local
Federal
Subsidies
less
Excurrent
surplus pendiof govtures
ernment
enterprises
Purchases
of goods
and
services
Transfer payments
and net
interest
paid
Subsidies
less
GrantsExin-aid to current
surplus pendiState
tures
of
govand local
govern- ernment
enterments
prises
Purchases
of goods
and
services
Transfer payments
and net
interest
paid
3,652
Subsidies Line
less
current
surplus
of government
enterprises
-1,318
1
77,108
57,530
15,980
2,834
688
27,278
24,994
69,772
47,933
17,932
2,913
994
30,161
27,827
48,945
48,594
369
90
-108
160
160
41,511
41,112
399
98
-98
172
172
o
46,117
1,760
1,068
45,837
1,703
1,054
368
1
20
56
14
-108
62
56
42
62
56
42
38,492
1,821
1,198
38,166
1,765
1,181
399
0
25
56
17
-98
73
56
43
73
56
43
3
4
5
6,355
1,476
5,001
12
-134
2,823
2,196
6,411
1,436
5,067
22
-114
3,150
2,400
746
167
573
4,554
315
745
167
183
1,574
263
128
516
407
4,644
15
-114
1,695
321
849
60
225
1,695
321
159
-134
677
147
504
4 644
439
676
147
97
381
1,574
263
748
7
231
1
390
4,554
56
2,216
238
1,978
1,989
213
1,776
13
236
1,980
236
2
1,978
14
15
366
106
20
-1,175
6
1
12
231
240
9,250
9,211
240
7,797
1,082
371
7,797
1,082
332
627
620
7
39
212
1,777
212
1
1,776
394
133
15
22
750
7
690
60
8
9
10
11
12
225
246
10,498
10,453
45
16
246
( 8,938
I 1,177
383
8,938
1,177
338
45
17
18
19
20
} 259
19
107
87
347
150
107
90
2,399
2,361
38
292
119
86
87
2,525
2,487
38
212
3,025
1,455
2,932
498
2,434
5,420
243
3,679
1,498
3,101
555
2,546
21
3,699
66
3,633
1,396
254
63
2
147
2,979
1,439
282
2
175
46
2,434
112
22
23
24
25
24
29
4,692
3,042
20
1,394
61
2,856
76
498
24
2,076
2,076
24
24
1,095
624
357
1,095
624
357
1,266
26
448
225
46
1,046
1,046
220
26
5,097
1,097
3,941
26
2,400
815
726
2,400
894
726
851
226
847
224
44
44
1.628
474
596
412
469
151
59
301
-55
15
114
1,046
194
194
448
59
106
53
13
277
21
469
560
537
23
1
-60
-78
1
14
-74
1
109
4
-82
104
614
4,178
3,665
43
297
173
1,266
1,239
27
17
3,755
3,469
43
111
132
1,276
1,249
27
15
2,989
112
555
29
2,269
2,269
26
29
29
1,194
683
392
1,194
683
392
27
28
29
223
2,483
58
487
239
223
2,221
262
2,358
76
5,114
93
2,514
980
689
736
195
93
13
277
38
2,221
2,221
58
949
24
732
193
4,135
2,514
932
689
1,437
61
204
204
487
239
30
30
12
18
248
30
248
31
32
18
33
18
34
35
36
37
38
24
4
2
12
12
38
269
269
410
170
5,705
5,878
-173
40
103
5,563
89
5,704
115
-141
-26
67
53
59
-6
41
42
43
44
-57
-177
39
-216
45
39
90
4,829
53
4,956
86
14
49
54
-71
-180
25
785
1,480
—695
842
1,637
-795
46
23
-42
443
361
48
280
791
361
—25
—322
-348
-23
-75
561
379
62
270
926
379
-85
-345
-365
47
48
49
50
306
416
-110
226
360
-134
51
226
360
-134 \(
52
53
6
6
9
8
5
41
66
66
9
124
104
5
1
1
139
4,931
17
46
13
93
4
2
490
225
{ 255
39
5,096
306
416
5
5
-165
326
321
5
181
326
321
5
-77
-77
634
279
355
634
279
355
60
241
-5
632
366
529
189
-205
-7
49
-127
-33
597
377
196
1,716
-91
109
-104
17
-110 (. -108
4
-108
118
112
382
2,925
2,382
38
323
182
1,048
1,015
33
20
2,032
1,757
38
98
139
1,084
1,051
33
551
22
529
585
572
13
1
1
1
12
12
\
6
51
1
1
8
43
74
74
54
362
842
625
348
341
7
217
348
341
7
710
303
407
710
303
407
-111
-111
55
56
57
58
59
60
61
62
63
64
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
132
Table 3.14.—Government Expenditures by
[Millions of
1955
Federal
Line
Expenditures
State and local
Transfer
payments
and net
interest
paid
Purchases
of goods
and
services
GrantsSubsidies
in-aid to 1ess current
State and surplus of Expendilocal govgoverntures
ernments
ment
enterprises
Purchases
of goods
and
services
1
Total
68,142
44,455
19,061
3,120
1,506
32,936
30,551
2
National defense
38,898
38,446
444
92
-84
159
159
36,553
36,183
444
10
-84
62
62
1,526
819
1,466
797
0
60
22
60
37
60
37
6,565
1,513
5,063
-31
3,411
2,557
709
155
645
4,598
708
155
198
1
1,754
374
200
-31
1,754
374
960
94
229
3
Military service and foreign military assistance
4
5
Nuclear energy research and development
Other
6
Space research and technology
7
Central administration and management
8
9
10
11
12
13
14
15
16
17
18
19
Administration
.
Property and records management
Personnel management and emrjlovment costs
Net interest paid
Other
International affairs and finance
Conduct of foreign affairs and informational activities
Foreign economic assistance and other transfers
Education
Elementary and secondary
Higher. _
Other
20
Health and hospitals
21
Social security and special welfare services
22
23
24
25
Old-age survivors and fiisalvilitv- insurance
Hospital and supplementary medical insurance
Public assistance and relief
Other
>
20
458
452
447
4,598
17
2,264
222
2,042
221
2,043
221
1
2,042
403
137
15
251
261
142
10
127
15
251
0
300
127
75
6,644
153
4,965
5,004
89
4,915
1 468
172
2
62
50
20
Subsidies
Transfer
payments less current
surplus of
and net
governinterest
ment
paid
enterprises
3,909
854
760
94
229
11,807
11,764
43
10,075
1,335
397
10,075
1,335
354
43
98
2,673
2,639
34
1,526
3,205
587
2,618
1,466
3,083
122
587
2,496
(
60
122
26
Civilian safety
29
29
2,458
2,458
27
Police.
Fire
Correction
29
1,302
725
431
1,302
29
1,786
56
214
513
251
262
214
513
251
262
20
104
12
92
28
29
30
Labor.
1,516
31
32
Unemployment insurance
Other
1,516
270
56
33
Veterans benefits and services
5,324
955
4,349
13
2,706
1,027
34
36
37
38
Pension and disability
Readjustment and other
Insurance
Administration
and other
Hospitals and medical
careservices
39
Regulation of commerce and finance
40
Transportation
41
Highways
Water
Railroads
Air
35
42
43
44
760
35
1,847
402
759
58
350
566
172
223
-38
8
143
701
104
23
566
6,145
6,359
-214
6,056
6,221
-165
-35
40
75
63
-14
-234
Utilities and sanitation
1,085
2,009
-924
Transit.
Gas and electricity
Water and sewerage
Sanitation
1
-80
765
399
80
1,210
399
-79
-400
-445
68
220
-152
68
220
-152
10
10
364
358
6
6
Housing and community development
Urban renewal and community facilities
-287
-325
1
37
43
-330
5
-330
1
37
145
135
510
24
56
Agriculture and agricultural resources
St£tbiliz£Ltion of farm Dricps and inoomp
Financing farm ownership and utilities
Conservation of agricultural resources
Other
Natural rpsnurrps
Conservation and dpvplornTiAnt of rp^ourpp^
Recreation
General revenue sharing
12
1
I
Nuclear enerffv research and develooment
64
713
12
275
83
Postal services
62
63
589
12
275
49
54
61
5
2
121
55
57
58
59
60
13
616
182
35
92
92
-151
46
52
53
1,516
39
Other commerce and transportation
51
725
431
-47
45
47
48
49
50
2,706
1,053
616
765
184
-1,524
2,909
1,685
2,348
36
310
215
1,372
36
110
808
853
773
35
818
35
}
10
320
486
60
1,164
976
12
48
188
364
358
1
79
-125
810
810
1
79
-125
332
478
332
478
i
133
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
Type of Function: Annually, 1952-74—Continued
dollars]
1957
1956
Federal
Purchases
Expendi- of goods
and
tures
services
Subsidies
Trans- Grantsless
Exfer pay- in-aid to current
ments
State
surplus pendiand net and local of govtures
interest govern- ernment
paid
ments
enterprises
Purchases
of goods
and
services
Transfer payments
and net
interest
paid
4,020
State and local
Federal
State and local
Subsidies
less
Excurrent
surplus penditures
of government
enterprises
Purchases
of goods
and
services
Transfer payments
and net
interest
paid
Subsidies
Grantsless
Exin-aid to current
surplus pendiState
tures
and local of govgovern- ernment
enterments
prises
Purchases
of goods
and
services
Transfer payments
and net
interest
paid
4,425
Subsidies Line
less
current
surplus
of government
enterprises
-1,712
1
71,918
45,902
20,312
3,331
2,373
35,871
33,490
79,624
49,964
23,047
4,209
2,404
39,835
37,122
40,686
40,156
496
109
-75
186
186
44,614
44,017
531
148
-82
236
236
2
38,461
38,021
496
19
-75
78
78
41,710
41,231
531
30
-82
93
93
3
1,577
648
1,509
626
0
68
22
68
40
68
40
1,891
1,013
1,795
991
0
96
22
96
47
96
47
4
5
7,177
1,581
5,634
23
-61
3,833
2,878
955
7,559
1,424
6,183
23
-71
4,404
3,331
705
189
968
5,071
244
704
189
421
1
1 958
359
237
1
872
83
703
202
951
5,538
165
702
202
312
—71
2,224
404
1,255
78
443
2,224
404
260
—61
1 958
359
1,109
83
324
-1,639
6
)
'
267
547
5,071
15
2,147
279
1,868
242
1,905
242
37
1 868
385
129
16
252
133
12
117
16
402
206
77
7,789
469
5,706
5,753
101
5,652
1,539
497
1
367
30
23
324
240
12,938
12,885
240
(10,935
I 1,528
475
10,935
1,528
422
53
2,867
2,860
7
119
1,614
3,373
693
53
\
)
2,680
1,073
7
995
78
8
9
10
11
12
208
639
5,538
5
2,076
301
1,775
13
300
1 776
300
1
1 775
14
15
460
177
17
278
182
12
165
17
456
217
98
9,722
496
7,380
7,461
140
7,321
1,729
532
2
354
23
23
443
266
14,009
13,942
67
16
266
(11,739
\ 1,755
515
11,739
1,755
67
17
18
19
8
20
2,886
21
141
3,297
3,614
1,846
448
3,289
728
22
Oq
1,538
76
3,257
116
693
30
2,650
2,650
30
30
1,410
773
467
1,410
773
467
1,812
61
558
269
54
1,520
1,520
292
61
5,345
986
4,343
8
2,764
973
606
2,764
989
606
797
189
791
187
39
39
2,057
471
827
418
624
188
54
285
61
61
-5
132
1,520
648
24
624
231
2,564
116
728
23
2,880
2,880
26
1,565
849
466
1,565
849
466
27
28
29
257
598
286
312
30
257
598
286
312
31
32
8
87
16
71
33
71
34
35
36
37
38
23
23
2,207
51
51
1,013
4,445
9
2,921
880
644
231
558
269
289
16
42
13
29
5,466
29
813
191
8
6
2
791
773
18
1
-22
1
16
(
23
6
1
16
»
OQ
OQ
212
198
644
29
147
13
13
2 921
889
644
819
193
305
305
47
47
6,689
6,956
2,613
496
6,555
56
6,755
99
38
78
102
-1
-169
74
1,228
2,197
38
-54
803
441
23
109
}
14
59
289
1,899
308
29
-267
59
230
—24
1,314
334
688
277
-243
92
91
-200
-43
1,899
1,899
714
26
688
7,860
7,351
66
7,607
96
89
-317
40
-256
-30
41
42
43
44
-31
45
-969
1,422
2,433
-1,011
46
109
356
1,291
441
—71
-410
—488
54
15
879
474
119
457
1,383
474
-65
-442
-504
47
48
49
50
183
-160
46
198
-152
51
198
-152 (I
52
w
14
14
-160
12
2
31
{ 1
9
2
31
253
231
602
46
1,007
2
87
-128
944
944
1,135
1,176
2
957
50
2
87
-128
431
513
431
513
1,077
58
1,118
58
2
2,254
146
7
896
46
1 062
250
-203
46
117
186
383
22
54
22
55
556
968
7
37
22
918
50
383
1 414
33
45
222
7,543
-232
183
390
78
16
350
52
-121
47
117
179
462
1,255
115
1
1,293
47
594
235
15
56
1,288
16
350
157
23
390
6
2
126
207
2,169
1,876
71
-180
615
71
24
25
2,767
119
3,495
119
1,727
119
439
431
8
56
928
439
431
8
57
58
59
60
98
-141
1,068
1,068
61
98
-141
498
570
498
570
62
63
81
2,027
1,099
17
64
64
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
134
Table 3.14—Government Expenditures by
[Millions of
1958
Federal
Line
State and local
Expenditures
Purchases
of goods
* and
services
Transfer
payments
and net
interest
paid
GrantsSubsidies
in-aid to less current
State and surplus of
governlocal govment
ernments
enterprises
Expenditures
Purchases
of goods
and
services
1
Total
88,933
53,904
26,556
5,641
2,832
44,306
41,136
2
National defense
46,240
45,565
597
168
-90
265
265
43,401
2,088
751
42,850
1,985
730
596
1
45
102
21
-90
106
102
57
106
<102
57
23
-94
4,852
3,619
2,297
505
-94
2,297
505
1,405
128
517
3
4
5
Military services and foreign military assistance
Nuclear energy research and development
Other
6
Space research and technology
7
Central administration and management
8
9
10
11
12
13
14
15
Administration
Property and records management
Personnel management and employment costs
Net interest paid
Other
International affairs and finance
Conduct of foreign affairs and informational activities
Foreign economic assistance and other transfers
16
Education
17
18
19
20
Elementary and secondary
Higher
Other
Health and hosDitals
21
Social security and soecial welfare services
22
23
24
25
Old-age survivors and disability insurance
Hospital and supplementary medical insurance
Public assistance and relief
Other
26
Civilian safetv
27
Police
Fire
C oiTGction
28
29
30
Labor
30
30
7,392
1,521
5,942
851
292
869
5,208
182
849
292
2
250
729
5,208
3
2,153
355
1,798
353
1,800
585
353
2
232
1,798
348
237
22
210
27
557
232
145
11,043
455
8,543
8,616
138
8,478
1,900
527
2
315
65
39
39
130
39
39
4,503
42
27
4,146
31
32
Unemployment insurance
Other
4,146
357
42
33
Veterans benefits and services
5,681
1,084
4,589
3 145
800
655
11
3,145
789
655
893
887
188
186
55
55
3,806
563
2,285
32
407
737
377
250
100
99
38
Pension and disability
Readjustment and other
Insurance
Hospitals and medical care
Administration and other services
39
Regulation of commerce and finance
40
Transportation
41
Highways
Water
Railroads
Air
34
35
36
37
42
43
44
45
Other commerce and trrniSDort&tion
46
Utilities and sanitation
47
48
49
50
- --
- -
3,584
3,576
8
2,045
3,991
831
3,160
1,898
147
3,877
114
831
3,046
114
56
Agriculture and agricultural resources
Stabilization of farm prices and income
Financing farm ownership and utilities
Conservation of agricultural resources
Other
Natural resources
Recreation
General revenue sharing
4,219
916
916
538
335
357
315
692
335
357
8
99
18
81
4,146
6
2
764
2,303
176
2,253
27
737
281
81
81
130
46
50
1
50
741
1,703
692
50
393
3,157
1,703
315
2
Postal services
3,157
538
2
Nuclear enercrv research and develonment
64
74
180
19
55
62
63
74
13,167
2,027
485
10
54
61
15,679
13,167
2,027
559
71
Urban renewal and community facilities
1,105
128
517
15, 753
*
-1,749
1,233
326
62
9
52
53
300
4,919
326
Transit
Gas and electricity
Water and seweraffe
Sanitation
51
57
58
59
60
23
Transfer
Subsidies
payments less current
and net
surplus of
interest
governpaid
ment
enterprises
18
18
361
361
8,363
8,719
-356
8,132
8,417
-285
102
132
-30
129
170
-41
-168
76
-244
1,573
2,572
-999
112
134
52
537
-22
-485
-492
897
512
1,389
512
126
276
-150
126
276
-150
33
33
446
440
1,030
446
440
-150
-150
1,179
540
639
1,179
540
639
}
9
33
360
684
57
2,709
47
1,185
278
1,325
1,433
47
133
212
1,371
1,244
81
1,290
81
2,306
88
1,825
1,276
2
22
66
102
2
102
i
6
135
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
Type of Function: Annually, 1952-74—Continued
dollars]
1959
1960
Federal
PurExchases
pendi- of goods
tures
and
services
State and local
Subsidies
Trans- Grantsless
fer pay- in-aid to current
ExState
ments
surplus pendiand net and local of govtures
interest govern- ernment
ments
paid
enterprises
Purchases
of goods
and
services
Transfer payments
and net
interest
paid
5,218
90,964
53,890
28,131
6,848
2,095
46,889
43,696
46,354
45,597
661
187
-91
291
291
43,943
2,085
326
43,322
1,960
315
659
2
53
123
11
-91
116
123
63
115
123
53
1
1
42
-103
5,165
3,820
2,307
567
335
-103
2,307
667
1,554
126
611
262
261
8,618
1,666
7,013
970
322
960
6,165
211
968
322
105
2
271
845
6,165
1
2.201
352
349
1,852
349
3
619
} 390
229
1
199
(
1
19
33
147
[
State and local
Federal
Subsidies
less
current
Exsurplus pendiof govtures
ernment
enterprises
Purchases
of goods
and
services
Transfer payments
and net
interest
paid
Subsidies
less
GrantsExin-aid to current
surplus pendiState
tures
and local of govgovern- ernment
enterments
prises
Purchases
of goods
and
services
Transfer payments
and net
interest
paid
5,467
Subsidies Line
less
current
surplus
of government
enterprises
-2,193
1
-2,025
93,106
53,711
30,254
6,526
2,615
49,822
46,548
45,314
45,314
44,451
732
218
-87
320
320
2
43,044
2,135
135
42,347
1,977
127
729
3
55
155
8
-87
119
155
46
119
155
46
3
4
5
2
2
33
-111
5,595
4,160
2,503
544
358
-111
2,503
544
1,730
63
755
2
6
574
572
1,345
9,436
1,774
7,740
954
327
181
0
312
2
1,219
126
956
327
1,113
6,806
234
932
6,806
0
33
1,849
2,223
336
1,886
1
13
0
1,849
38
335
1,888
649
334
2
186
0
1,886
1
14
15
6 (
\
32
42
611
382
16,229
16,145
234
98
50
13,307
2,331
591
13,307
2,331
507
84
191
84
} 458
(
I
49
22
21
143
37
(
755
414
18,022
17,923
275
14,748
2,620
654
14,748
2,620
555
1,435
7
1,372
63
8
9
10
11
12
99
16
99
17
18
19
878
443
165
270
3,871
3,861
10
863
390
169
304
4,070
4,058
12
20
12,872
391
10,253
2,228
4,323
998
3,325
13,898
379
11,206
2,313
4,491
1,091
3,400
21
10,372
197
10,175
11,342
212
11,130
2,026
474
3
191
39
2,023
205
4,198
125
998
3,200
125
2,085
471
2
165
2,083
230
4,352
139
1,091
3,261
139
22
23
24
25
3,431
3,431
48
48
3,726
3,726
26
1,809
970
652
1,809
970
652
48
48
1,969
1,061
696
1,969
1,061
696
27
28
29
310
753
369
384
3,435
128
2,996
311
828
396
432
30
310
753
369
384
3,040
395
2,996
311
828
396
432
31
32
20
44
84
1,180
4,491
10
103
20
83
33
3,442
386
663
2
83
83
34
35
36
37
38
39
78"
39
39
3,143
79
2,754
389
79
5,654
1,113
4,531
10
84
4
3,282
591
658
2
64
3,284
595
658
946
171
939
170
50
50
4,816
665
3,079
35T
833
547
64
165
436
94
92
2,754
2,754
861
28
833
1
7
1
3,072
3,015
57
108
23
3
82
69
-46
3
82
488
448
82
3,202
1,293
2,004
732
392
777
74
142
300
1,076
1,097
984
92
1,005
92
54
|
40
5,681
992
184
20
20
3,444
390
663
999
185
345
345
59
59
8,949
9,366
-417
4,660
882
9,062
119
-334
-36
63
314
505
232
138
185
-47
2,525
552
947
636
-240
42
-282
233
1,633
2,778
164
1
< 154
X -46
490
218
64
64
1,807
580
2
121
-144
2
121
-144
29
949
1
2,523
2,462
61
90
531
1,573
584
—9
—524
—612
336
517
-181
280
118
4
138
336
517
f 266
-181 X
14
124
-6
4
138
40
40
539
501
691
81
6
3,174
1,012
6
1,997
89
741
347
510
89
152
261
1,349
1,382
2
1,271
111
2
362
356
362
1,316
573
743
356
1,316
573
743
277
209
-2
70
0
81
7
961
584
1,227
10
92
978
7
1
—1 145
408
102
4
76
1,238
111
20
20
38
20
20
370
370
8,779
9,224
-445
40
8,527
77
8,886
116
-359
-39
39
175
222
-47
41
42
43
44
-245
38
-283
45
1,600
2,885
-1,285
46
127
-67
942
598
109
582
1,596
598
18
-649
-654
47
48
49
50
332
512
-180
51
[ 332
512
( 52
- 1 8 0 X 53
38
38
54
55
610
97
2,065
385
379
6
1,487
11
578
385
379
-159
1,406
1,406
61
651
755
62
63
86
124
124
6
56
57
58
59
60
-159
651
755
64
136
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
Table 3.14.—Government Expenditures by
[Millions of
1961
State and local
Federal
Total.
National defense
Military services and foreign military assistanceNuclear energy research and development
Other
Subsidies
Grantsin-aid to less current
State and surplus of Expendigoverntures
local govment
ernments
enterprises
Expenditures
Purchases
of goods
and
services
Transfer
payments
and net
interest
paid
101,944
57,370
33,318
7,245
4,011
64,373
50,786
47,986
46,995
840
241
-91
334
334
45,849
2,045
45,051
1,868
835
5
54
172
15
-91
119
172
43
119
172
43
3
3
7,252
34
-108
6,227
4,604
2,627
591
381
-108
2,627
591
1,891
113
1,005
Purchases
of goods
and
services
91
76
893
890
9,032
963
395
1,175
6,248
251
2,513
1,854
961
395
173
325
1,002
6,248
0
419
2,090
421
2,092
417
2
0
2,090
730
214
66
450
19,777
19,663
504
226
24
24
166
19
47
289
148
13
16,074
2,971
16,074
2,971
1,027
469
191
367
732
618
Social security and special welfare services
15,859
551
12,711
2,597
4,372
4,357
Old-age, survivors, and disability insurance
Hospital and supplementary medical insurance.
Public assistance and relief.
-Other
Civilian safety.
257
12,614
4,842
1,286
12,871
2,351
637
3
291
51
4,695
147
1,286
97
Space research and technology
Central administration and management
Administration
Property and records management.
Personnel management and employment costs
Net interest paid
Other
_•
International affairs and finance
Conduct of foreign affairs and informational activities.
Foreign economic assistance and other transfers
Education
Elementary and secondary
Higher
.....I.
Other
_
Health and hospitals
Police
Fire
Correction.
Labor
Unemployment insurance.
Other
51
3
2
2,348
249
380
928
448
480
4,295
1
380
928
448
480
139
19
120
1
1,056
227
68
68
5,072
981
2,739
588
993
752
69
302
179
178
610
1,024
2,731
2,670
30
994
336
256
-1
81
Utilities and sanitation
Transit
Gas and electricity..
Water and sewerage.
Sanitation
19
19
394
394
9,447
9,926
-479
9,121
120
9,494
166
-373
-46
206
266
-290
20
-310
1,740
3,076
1,336
77
38
1,022
603
87
713
1,673
603
-10
-675
-651
-203
197
158
453
666
Urban renewal and community facilities.
Public housing
369
207
-10
158
453
656
Nuclear energy research and development..
656
601
55
Postal services
873
94
4,033
687
2,827
106
760
340
163
106
168
250
Natural resources
Conservation and development of resourcesRecreation
General revenue sharing..
55
779
103
3,243
412
405
579
412
405
-169
,632
i,532
698
834
698
834
2,664
1,605
1,660
112
1,483
122
1,538
122
112
120
120
380
Stabilization of farm prices and income.
Financing farm ownership and utilities.
Conservation of agricultural resources..
Other
3,409
147
4,296
4,841
Agriculture and agricultural resources
15
3,556
103
72
3,647
286
908
Housing and community development
4,008
2,092
1 143
773
114
4,398
453
6,137
Other commerce and transportation.
4,008
2,092
1143
773
114
51
3,648
289
908
1,064
228
Transportation
Highways..
Water
Railroads-._
Air
1,510
113
1,005
175
Pension and disability
Readjustment and other
Insurance
Hospitals and medical care
-2,328
1,623
51
Veterans benefits and services
Regulation of commerce and finance..
5,915
4,851
10
Administration and other services..
Subsidies
Transfer
payments less current
surplus of
and net
governinterest
ment
paid
enterprises
137
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
Type of Function: Annually, 1952-74—Continued
dollars]
1963
1962
Federal
State and local
Subsidies5
PurTrans- Grantsless
Exchases fer pay- in-aid to current
Expendi- of goods ments
State
surplus penditures
and
and net and local of govtures
services interest govern- ernment
paid
ments
enterprises
110,434
63,738
34,506
52,166
51,052
943
49,861
2,091
214
48,967
1,889
196
939
4
1,796
1,785
}
9,831
2,044
1,100
420
1,306
6,758
247
1,098
420
199
2,588
425
2,163
4,211
58,028
275
-104
382
59
198
18
-104
11
7,867
34
Purchases
of goods
and
services
Transfer payments
and net
interest
paid
Subsidiesi
less
current
Exsurplus pendiof govtures
ernment
enterprises
Purchases
of goods
and
services
Transfer payments
and net
interest
paid
54,296
6,185
-2,453 114,159
64,631
36,513
382
50,296
126
198
58
126
198
58
49,464
2,024
93
48,413
1,812
71
11
11
3,370
3,351
-114
6,562
4,785
2,734
599
386
-114
2,734
599
2,017
146
1,066
2
51,581
1,777
10,664
2,198
1,631
146
1,208
474
1,463
7 309
'210
1,206
474
212
Subsidies
less
GrantsExin-aid to current
surplus pendiState
tures
and local of govgovern- ernment
enterments
prises
1,095
1,089
6
297
413
2
-107
137
206
70
137
206
70
2
4
£
69
206
22
31
34
7
2,611
426
2,179
6
1
2,161
7
431
2,180
425
1
82
499
21,253
928
280
0
2,179
93
6
833
417
2
252
(
558 X
275
26
28 }
198
22 {
302
17,025
3,404
824
60
564
229
18,058
755
14,426
14,574
276
14,298
2,588
896
54
3
476
54
433
4,650
2,877
5,235
2,585
292
128
5,077
158
21,11
17,025
3,404
686
4,635
1,564
1,564
4,232
4,232
2,257
1,188
787
2,257
1,188
787
1,023
490
138
} 618
138
310
1,440
15
3,671
3,513
158
677
15,392
297
15,245
1,038
787
-45
517
70
308
662
203
279
502
15
290
-11
755
682
880
80
4,665
1,135
3,513
92
694
366
619
92
164
260
1,744
1,788
1,608
136
1,652
136
2,876
1,040
42
294"
2
83
1
5
5
207
207
26
Oft
73
3,402
1,109
1,369
39
85
85
10,039
10,561
6,040
1,120
142
221
-79
3,500
645
1 068
827
-249
18
-267
279
1,604
3,093
71
-165
1,066
632
684
2
185
67
374
279
679
3,871
145
809
2,830
316
386
32
1,070
3,499
3,433
1
65
30
513
596
31
32
20
19
33
19
20
20
34
35
36
37
38
471
471
39
10,975
11,526
19
1
1
1,102
596
319
238
-2
83
10,667
155
12
141
11,093
202
231
-551
40
-426
-47
12
-90
41
42
43
44
45
60
-276
—1 489
1,678
3,382
-1,704
46
88
541
1,832
632
—17
—706
—766
213
-209
1,034
640
182
647
1,913
640
31
-856
-879
47
48
49
50
859
-175
289
512
-223
51
-223
52
53
859
73
73
-175
427
7
2,894
2
3*
147
-216
684
434
1,761
22
23
24
25
9
19
800
128
5,410
173
3,649
173
3,146
2
386
430
-405
-38
21
4,825
19
10,185
155
5,583
3,822
513
430
9,780
117
16
1,761
1,109
3,872
148
809
1,188
186
-522
4,975
2,993
6,203
375
524
4,991
2,971
22
44
2,918
310
226
19
18,490
4,101
790
45
163
533
1,071
168
23,381
18,490
4,101
958
85
19
1,040
16
17
18
19
23,549
208
490
5,404
168
555
85
63
1
14
15
27
28
29
1,023
80
12
13
26
9
80
1,134
2,399
1,238
839
380
1,103
234
1C
1]
4,476
4,609
44
31
1,779
83
2,399
1,238
839
1,340
44
2,882
728
413
-127
2,882
728
2,192
83
1,134
7
4,476
5,958
1
7,019
85
3,104
5
3,743
176
690
-127
€
1,862
85
3,587
3,016
571
3
19
5,157
4
376
54
3,744
179
690
1,110
235
19
2,834
839
186
80
106
533
252
19,215
54
380
664
25 \{
68
15,542
3,675
3,184
491
3,109
26 }
31
223
1
59,030
413
2,162
306
-2,754
62,767
419
1,066
6,491
Subsidie,s Line
less
current
surplus
of government
enterprises
-107
327
1,251
7 309
Transfer payments
and net
interest
paid
3,874
19
8,562
Purchases
of goods
and
services
9,141
1,107
6,758
0
1,226
(
I
7,979
State and local
Federal
746
362
706
40
357
5
755
679
675
85
4,055
581
1
16
16
1,840
1,886
3
728
874
1,677
163
1,723
163
3
427
128
-174
1,602
128
-174
728
874
7
35
35
289
512
76
76
54
55
590
1,602
434
333
122
22
111
152
296
508
333
76
2,861
111
695
388
22
106
-1
3,352
457
449
8
2,839
30
513
457
449
-188
1,839
1,839
61
-188
897
942
897
942
62
63
92
139
139
8
56
57
58
59
60
64
138
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
Table 3.14—Government Expenditures by
iMillions o f
1964
State and local
Federal
Line
1
Total
2
National defense
3
4
5
Military services and foreign military assistance...
Nuclear energy research and development
Other
6
Space research and technology
7
Central administration and management
8
9
10
11
12
13
14
15
16
17
18
19
International affairs and finance
Conduct of foreign affairs and informational activities
Foreign economic assistance and other transfers
Education
21
Social security and special welfare services
Civilian safety
27
28
29
Police
Fire
Correction.
30
Unemployment insurance.
Other
33
Veterans benefits and services
34
35
36
37
38
Pension and disability
Readjustment and other
Insurance
Hospitals and medical care
Administration and other services
39
Regulation of commerce and finance.
40
41
42
43
44
Purchases
of goods
and
services
68,540
64,592
10,433
4,506
50,523
49,048
1,302
287
-114
397
48,813
1,779
-69
47,558
1,582
-92
1,297
5
72
192
23
-114
141
192
64
141
192
64
4,629
4,606
23
2,336
64
9,357
1,149
546
238
403"
1,372
7,983
0
2,660
489
2,167
4
492
2,168
488
1
0
2,167
4
313
114
725
(
}
26
37
250
-144
2
1,151
546
1,610
7,983
323
}
64"
—144"
Subsidies
Transfer
payments less current
surplus of
and net
governinterest
ment
paid
enterprises
6,796
23
23
7,516
5,620
1,896
3,086
780
2,452
-104
1,302
3,086
780
452
2,666
i,*302"
-104
650
26,301
26,102
199
84
371
261
18
20,485
4,716
1,100
20,485
4,716
901
199
5,413
5,396
17
30
(
I
1,708
782
302
624
20,192
623
16,169
3,400
6,083
2,062
4,021
16,340
322
16,018
3,071
781
5
296
3,066
334
5,888
195
2,062
151
3,826
195
60
60
4,843
4,843
2,575
1,333
935
2,575
1,333
935
60
60
3,384
256
2,738
390
1,178
545
633
2,729
655
41
215
2,688
50
390
1,178
545
633
1,438
4,699
10
42
21
4
3,954
121
624
6,147
106
Transportation
6,567
1,136
Highways
Water
Railroads
Air
3,973
630
1,094
870
72
360
310
310
704
1,133
36
1,097
7
1
3,985
3,901
84
21
21
21
2
-2,848
21
21
518
518
313
11,175
11,779
-604
234
10,896
102
10
167
11,359
156
-463
-54
10
-97
82
264
-193
82
-275
Utilities and sanitation
2,302
4,067
-1,765
Transit
Gas and electricity
Water and sewerage
Sanitation
222
-44
1,431
693
194
831
2,349
693
28
-875
-918
29
385
589
-204
29 |
385
589
-204 {
107
107
479
470
9
426
479
470
9
47
48
49
50
Housing and community development
Urban renewal and community facilities
Public housing
54
55
Postal services
56
Agriculture and agricultural resources
62
63
GrantsSubsidies
in-aid to less current
State and surplus of Expendilocal govgoverntures
ernments
ment
enterprises
397
106
46
61
38,025
1,271
163
Other commerce and transportation.
57
58
59
60
65,218
3,954
127
624
1,278
164
45
52
53
118,182
352
Labor
31
32
51
[
Old-age, survivors, and disability insurance
Hospital and supplementary medical insurance
Public assistance and relief.
Other
26
Transfer
payments
and net
interest
paid
1,077
Elementary and secondary
Higher
Other
Health and hospitals
Purchases
of goods
and
services
11,613
Administration
Property and records management
Personnel management and employment costs
Net interest paid
Other
:.
20
22
23
24
25
- - -
Expenditures
Stabilization of farm Drices and income
Financinc fami owiiftrshin &nd utilities
Conservation of agricultural resources
Other
Natural resources
Conservation and development of resources
Recreation
64
.
1
-1
984
314
40
601
968
16
327
-13
40
601
984
877
794
115
107
679
141
3,961
4,516
414
3,341
122
615
438
-194
122
159
327
1,928
1,995
3
148
-218
1,971
1,971
1,780
148
1,847
148
3
148
-218
958
1,013
958
1,013
3,535
30
111
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
139
Type of Function: Annually, 1952-74—Continued
dollars]
1965
1966
Federal
Purchases
Expendi- of goods
and
tures
services
State and local
Subsidies
Trans- Grantsless
fer pay- in-aid to current
Exments
State
surplus pendiand net and local of govtures
interest govern- ernment
paid
enterments
prises
State and local
Federal
Purchases
of goods
and
services
Transfer payments
and net
interest
paid
Subsidies
less
current
Exsurplus pendiof govtures
ernment
enterprises
7,021
Purchases
of goods
and
services
Transfer payments
and net
interest
paid
Subsidies
Grantsless
Exin-aid to current
surplus pendiState
tures
and local of govgovern- ernment
enterments
prises
Purchases
of goods
and
services
Transfer payments
and net
interest
paid
7,487
123,807
67,268
40,842
11,121
4,576
75,137
71,082
-2,966 143,632
78,833
44,917
14,384
5,498
84,318
79,833
51,071
49,443
1,477
269
-118
383
383
62,146
60,330
1,687
283
-154
403
403
50,093
1,463
-485
48,667
1,284
-508
1,470
7
74
172
23
-118
145
172
66
145
172
66
61,294
1,429
-577
59,686
1,247
-603
1,680
7
82
175
26
-154
155
175
73
155
175
73
41
41
40
40
46
-159
8,203
6,362
-169
8,900
7,063
3,323
825
489
-169
3,692
880
3,048
-660
1,940
3,692
880
551
-159
3,323
825
2,626
-296
1,725
5,591
5,550
12,453
2,678
9,888
• 1,442
615
1,714
8,380
302
1,439
615
209
3
2,629
451
2,178
1,349
2,614
11,029
1,381
610
215
3
2,137
-296
1,384
610
2,081
9,160
303
13
518
2,278
504
1
7
2,277
7
14
IS
3,436
529
285
5
314
160
875
414
377
84
22,577
5,426
1,326
240
318
584
5,954
5,937
18,262
3,652
113
805
22,617
703
18,435
368
3,364
818
4
331
61
6,589
2,363
3,360
292
16
4,226
3,023
4,575
20,213
1,092
3,881
1,021
427
84
6
388
19,786
1,008
60
2,102
736
1,340
640
700
30
594
663
1,875
227
736
1,340
640
700
31
32
21
24
6,386
4,839
12
47
21
26
33
24
2
26
26
34
1,318
213
4,038
121
680
6,358
1,454
4,894
10
45
4
4,184
75
635
2
24
39
1,140
3,853
57
4,009
217
244
21
21
4,040
125
680
1,327
214
576
576
114
114
305
11,908
12,573
-665
6,965
1,229
226
11,608
125
18
157
12,121
186
266
-513
-61
18
-109
4,258
724
1,205
778
101
468
4
656
43
1,202
-215
79
-294
542
540
1
79
1
22
24
21
36
587
1,535
1,257
3,910
11
4,322
242
623
577
1,179
21
22
1,911
1,550
594
674
6,526
7,598
3,461
1,257
2,299
160
352
6,542
4,264
663
2,459
38
351
353
892
21,038
27
28
28
389
74
404
393
905
60
2,337
1,088
3,927
669
1,140
810
987
147
60
3,425
1,152
2C
2,272
26,207
138
26
61
6,546
17
18
IS
17
}
3,086
1,523
1,093
61
112
322
39
101
389
5,702
2,795
1,408
1,007
112
16
3,086
1,523
1,093
5,210
2,795
1,408
1,007
7
1
322
25,699
6,643
1,363
5,702
5,210
1,255
195
33,705
25,699
6,643
1,685
60
61
4,186
79
635
1,262
196
34,027
1,787
540
295
3,023
2,363
577
2,622
11
7,345
242
6,372
217
195
(
X
1,940
| 2,605 ((
831
18,067
10s
11
12
2,497
-660
7
4
2,177
(
X
7
8
64
442
1
240
e
1,837
2,284
2,796
22,577
5,426
1,086
2
4
I
505
5
29,089
1
408
46
2,181
29,329
64
-3,002
1,866
9,160
0
443
1,707
487
5,907
13,538
415
1,725
40
5,947
1,841
1,505
8,380
0
-22
46
290
J 862
(
I
41
Subsidies Line
less
current
surplus
of government
enterprises
4
1,245
3,875
389
9
1
4,212
4,157
55
35
36
37
38
21
21
640
640
279
13,063
13,782
-719
40
213
-1
67
12,746
157
24
136
13,295
227
-549
-70
24
-124
41
42
43
44
3S
260
88
-288
45
63
63
2,590
4,390
-1,800
121
121
2,542
4,346
-1,804
46
18
18
61
-909
-952
27
94
373
743
2,457
773
47
48
94
428
-171
1,512
773
55
-914
-945
45
231
907
2,535
717
27
45
292
-2
1,583
717
390
597
-207
1,185
438
9
678
535
726
-191
51
597
-207 II 1,076
109
389
49
9
678
} 535
726
-191
J 52
{ 53
111
960
841
1
118
118
118
1,081
127
974
265
19
659
952
22
274
-9
19
659
944
833
843
115
4,542
384
3,354
126
587
475
-267
126
170
355
2,169
2,215
1,986
183
2,034
181
31
31
111
} 390
111
728
154
4,004
512
502
10
4,028
-881
io
2,754
132
613
529
—1,542
126
141
394
3,621
-200
60
60
178
6
37
135
383
512
502
4
165
-215
2,254
2,254
2,387
2,430
4
4
163
2
-215
1,185
1,069
1,185
1,069
2,158
229
2,203
227
4
4,731
49
50
54
55
954
34
120
1
568
557
11
56
11
57
58
59
60
4,296
435
568
557
156
-203
2,453
2,453
61
154
2
-203
1,288
1,165
1,288
1,165
62
63
64
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
140
Table 3.14.—Government Expenditures by
[Millions of
1967
State and local
Federal
Line
Expenditures
Purchases
of goods
and
services
Transfer
payments
and net
interest
paid
Subsidies
Grantsin-aid to less current
State and surplus of Expendigoverntures
local govment
ernments
enterprises
Purchases
of goods
and
services
1
Total
163,676
90,924
52,166
15,912
4,674
94,655
89,264
2
National defense
73,514
71,462
1,948
283
-179
410
410
72,407
1,240
-133
70,548
1,073
-159
1,942
6
96
161
26
-179
170
161
79
170
161
79
-176
9,938
7,993
4,081
990
621
-176
4,081
990
3,498
-932
2,301
3
4
6
Military services and foreign military assistance
Nuclear energy research and development
Other
6
Space research and technology
7
Central administration and management
8
9
10
11
12
13
14
15
16
17
18
19
._ .
.
.
. .
International affairs and finance
Conduct of foreign affairs and informational activities
Foreign economic assistance and other transfers
Education
}
Social security and special welfare servicesOld-age, survivors, and disability insurance
Hospital and supplementary medical insurance
Public assistance and relief.
Other
26
Civilian safety
27
28
29
Police
Fire
Correction
4,816
2,348
11,893
1,147
534
2,272
9,840
350
1,144
534
222
3
448
2,050
9,840
0
2,697
439
2,252
6
443
2,254
431
8
812
6
2,246
6
410
2,787
38,365
37,935
430
f
214 X
196
1,762
617
408
28,379
7,923
2,063
28,379
7,923
1,633
430
Labor
31
32
Unemployment insurance
Other
33
Veterans benefits and services
2,862
->
..
-. .
.. .
(
\
89
180 |
543
41
372
1,048
7,490
7,474
16
32,486
1,235
25,834
5,417
9,199
3,944
5,255
21,585
4,526
4,849
1,526
445
182
7
601
21,122
4,341
18
3
4,842
554
41
8,889
269
3,944
41
4,945
269
76
71
5
6,309
6,309
5
3,455
1,625
1,229
3,455
1,625
1,229
371
76
71
4,132
723
2,521
888
1,466
712
754
2,233
1,899
42
681
2,191
330
888
1,466
712
754
7,134
1,565
5,561
8
57
23
34
2
4,446
353
762
39
Regulation of commerce and finance
40
Transportation
41
42
43
44
Highways
Water
Railroads
Air
4,009
806
1,322
822
100
524
11
692
48
1,308
532
530
1
Other commerce and transportation
46
Utilities and sanitation
47
48
49
50
Transit
Gas and electricity
Water and sewerage
Sanitation
62
53
.
.
..
45
51
-
....
. .
Urban renewal and community facilities
Public housing
4,446
355
762
1,397
174
1,390
173
no
110
6,959
1,327
1,356
-.
34
34
7
1
3,979
3,909
70
297
234
3
60
23
23
712
712
13,737
14,510
-773
13,325
172
26
214
13,895
250
-570
-78
26
-151
365
1
-214
85
-299
202
202
2,905
4,698
-1,793
60
60
586
-39
1,525
833
512
924
2,429
833
74
-963
-904
677
867
-190
677
867
-190
137
137
660
648
12
12
142
Housing and community development
142
1,095
390
9
628
68
977
118
350
40
9
618
10
68
2
137
}
54
Nuclear enenrv research and develonment
1,059
920
55
Postal services
1,202
145
56
Agriculture and agricultural resources
4,335
324
3
170
3,838
3,028
91
680
536
—335
78
163
428
3,361
477
660
648
3
2
13
60
105
2,569
2,562
4
234
-231
2,766
2,766
2,333
236
2,354
208
4
206
28
—231
1,425
1,341
1,425
1,341
57
58
59
60
61
62
on
Stabilization of farm prices and income
Financing farm ownership and utilities
Conservation of agricultural resources
Other
Natural resources
Conservation and development of resources
Recreation
64
2,877
—932
2,301
1,145
Pension and disability
Readjustment and other
Insurance Hospitals and medical care . . -.
Adin1nistTC*tion and nth^f services
_ .
78
1,945
2,565
34
35
36
37
38
.
78
-3,055
41
4,857
1,147
21
41
8,446
14,143
4,009
Elementary and secondary
Higher
Other
Health and hospitals
30
.
Administration
Property and records management
Personnel management and employment costs
Net interest paid
Other
20
22
23
24
25
-
Subsidies
Transfer
payments less current
surplus of
and net
governinterest
ment
paid
enterprises
1 057
141
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
Type of Function: Annually, 1952-74—Continued
dollars]
1969
1968
State and local
Federal
Subsidies
PurTrans- Grantsless
PurExchases fer pay- in-aid to current
Exchases
pendi- of goods ments
surplus pendi- of goods
State
tures
and and net and local of gov- tures
and
services interest govern- ernment
services
paid
enterments
prises
180.563
98,019
59.462
18,587
79,256
76,868
2,244
322
77,805
1,374
77
75,625
1,193
50
2,239
5
119
176
27
•
Subsidies
Subsidies
Purless
PurGrantsless
TransTranschases
ExExchases
fer pay- in-aid to current
fer pay- current
surplus pendi- of goods
State
ments surplus pendi- of goods ments
and
tures
and net and local of govand
and net of gov- tures
services
services interest govern- ernment
interest ernment
enterenterpaid
ments
paid
prises
prises
9,364
4,495 106,909
100.708
-3,163 188,443
97,461
66,471
20,346
-178
441
441
79,064
76,272
2,612
375
-178
195
176
70
195
176
70
77,377
1,408
279
74,821
1,198
253
2,608
4
143
206
26
60
60
-168
11,101
9.210
4,527
1,161
3,795
—1,221
-168
2,839
4,527
1,161
683
4,548
4,488
15,949
2,372
13,638
1,115
547
2,433
11,497
357
1,112
547
188
3
525
2,245
11,390
0
2,560
434
2,120
441
2,119
430
4
5
2,115
4,391
709
520
3,162
42,674
42,143
74
214 }
421
(
312 X
208
1,895
871
396
31,450
8,850
2,374
31,450
8,850
1,843
| 3,366 1X
1,025
State and local
Federal
60
Subsidies Line
less
Transfer pay- current
ments surplus
and net of govinterest ernment
enterpaid
prises
-3,348
1
5,165 117.551
110,416
-195
492
492
2
-195
221
206
65
221
206
65
a
62
62
-240
12.816
11,024
5,180
1,540
4,203
-1,628
3,521
-240
5,180
1,540
783
10,483
4
5
€
3.898
3,836
1,891
18.143
2,899
15,389
95
1,541
561
260
4
6
3,112
—1,221
1,551
561
2,792
12,853
386
537
2,532
12,853
0
89
6
2,664
600
2,059
5
13
6
611
2,053
602
-2
4
2,055
5
14
15
4,522
745
602
3,175
46,646
46,016
630
16
34
189 }
522
(
379 X
223
1,830
910
435
34,021
9,897
2,728
34,021
9,897
2,098
630
17
18
19
107
107
2,839
531
} 3,342 {X
1,180
531
62
3,521
1,792
7
3,420
—1,628
8
9
10
11
12
2,568
1,220
342
1,006
8.610
8,591
19
3,181
1,440
414
1,327
9,746
9,724
22
2G
39,104
1,843
30,686
6,575
11.348
5,297
6,051
42,674
1,324
33,531
7,819
13.405
6,340
7,065
21
25,123
6,065
5,940
1,976
480
429
8
926
24,598
5,628
45
8
5,932
590
71
10,972
305
5,297
71
5,675
305
26,934
6,846
7,104
1,790
504
301
8
511
26,382
6,536
48
9
7,096
666
82
12.984
339
6,340
82
6,644
339
22
23
24
25
71
65
6
7.201
7,201
117
81
36
7,954
7,954
26
4,067
1,803
1,331
20
20
6
4,067
1,803
1,331
16
4,454
2,013
1,487
4,454
2,013
1,487
27
28
29
1,039
1.593
782
1,061
1,748
862
71
65
460
97
81
811
4,209
539
2,609
52
487
1,868
2,243
366
1,061
1,748
6,626
19
98
3,838
312
2,487
2,181
1,657
40
272
2,141
346
1,039
1,593
782
811
2,295
1,914
7,637
1,746
5,875
16
71
23
48
8,513
2
4,592
567
716
48
1,523
343
4,592
569
716
1,457
303
1,450
294
113
113
7,634
1,405
4,404
854
1,484
892
92
535
15
763
51
1,471
433
429
1
370
127
48
613
23
23
5,090
796
742
1,539
346
780
780
120
120
317
14,870
15,701
-831
7,530
1.568
268
-2
61
14,350
199
27
294
14,949
278
474
-599
-79
27
-180
4,102
842
1,556
1,030
88
573
18
889
57
1,541
3
-240
66
-306
511
508
1
6
364
3,845
5,657
-1,812
408
6
121
749
-66
2,248
914
605
957
3,181
914
144
-1,023
-933
122
7
9
1,522
4,390
4,312
78
243
243
1,254
291
12
857
( 1,045
X 209
178
113
12
855
2
1,101
956
3
142
920
166
94
2
1,598
16
3
4,116
4,014
102
74
33
74
34
35
36
37
38
24
24
872
872
248
15,226
16,123
-897
40
212
-3
39
14,660
195
25
346
15,299
274
-639
-79
25
-204
41
42
43
44
39
550
85
250
45
16
392
3,538
5,512
-1,974
46
16
106
826
—38
1,737
1,013
661
1,036
2,802
1,013
165
-1,074
-1,065
47
48
49
60
869
1,096
-227
61
869
1,096
-227 \(
52
63
154
154
286
286
879
16
1,029
665
879
( 1,345
-214 X
221
301
63
16
1,028
1
142
142
1,048
891
3
1,215
171
13
6.861
2.033
13
5,499
104
564
694
1,262
77
174
520
6,771
2,555
5
273
3,938
5,319
123
689
640
1,794
96
178
487
3,487
5
38
27
60
148
451
725
712
2,045
2.041
7
259
—262
3,023
3,023
2,199
2.186
1,752
293
1,788
253
7
219
40
—262
1,493
1.530
1,493
1,530
1,842
357
1,882
304
712
886
24
-165
364
725
862
2
1,566
665
30
31
32
74
-214
754
5,090
794
742
886
157
157
154
|
54
55
1.044
764
750
14
56
321
764
750
14
57
58
59
60
307
—301
3,326
3,326
61
254
53
—301
1,568
1,758
1,568
1,758
62
63
4
372
4.452
4,131
4
106
27
69
170
7
7
64
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
142
Table 3.14. —Government Expenditures by
[Millions of
1970
Federal
State and local
Expenditures
Purchases
of goods
and
services
Transfer
payments
and net
interest
paid
204,194
95,642
77,789
24,447
6,316
76,809
73 537
3,104
369
-201
75,555
1,369
-115
72,521
1,157
-141
3,101
3
134
209
-201
3,641
3,574
TotalNational defense
Military services and foreign military assistance
Nuclear energy research and development-Other
Space research and tecnhology
Central administration and management
20,704
Administration
Property and records management
Personnel management and employment costs.
Net interest paid_
Other
3,433
17,258
GrantsSubsidies
in-aid to less current
State and surplus of Expendilocal govtures
governernments
ment
enterprises
Purchases
of goods
and
services
Transfer
payments
and net
interest
paid
132,172
123,221
12,551
494
494
214
209
214
209
26
71
71
67
67
67
13,962
5,904
1,390
4,800
-2,012
3,880
12,076
-158
171
""422"
2,997
14,256
0
2,875
668
2,202
676
2,199
667
1
4
2,198
5,443
908
817
3,718
52,283
51,510
773
3,994
1,449
21
253
634
536
281
2,143
1,041
37,365
11,635
3,283
37,365
11,635
2,510
773
3,761
1,780
643
11,090
11,066
24
51,158
1,532
39,960
16,739
7,904
8,835
31,960
7,452
8,880
2,866
527
365
9
631
31,380
7,075
117
16,302
320
7,904
117
8,398
320
Civilian safety..
214
112
Police
Fire
Correction.
67
International affairs and finance
Conduct of foreign affairs and informational activities..
Foreign economic assistance and other transfers
EducationElementary and secondary
Higher....
Other
Health and hospitals
Social security and special welfare services
Old-age, survivors, and disability insurance
Hospital and supplementary medical insurance..
Public assistance and relief.
Other
5
1,505
21
150"
-158
534
1,338
5,904
1,390
902
""3,"880"
9,666
53
12
8,871
730
102
67
9,111
9,111
5,071
2,299
1,741
3,898
-2,012
147
112
35
5,071
2,299
1,741
6,128
528
4,383
1,217
1,962
1,024
938
Unemployment insurance..
Other
4,039
2,089
53
475
3,986
397
1,217
1,962
1,024
938
Veterans benefits and services-
9,785
2,183
7,579
23
108
28
80
Pension and disability
Readjustment and other
Insurance
Hospitals and medical care
5,433
1,361
791
1,755
445
1,736
441
143
Labor
5,433
1,355
791
80
28
28
142
1
964
964
Transportation
Highways .
Water
Railroads..
Air
8,581
1,839
1,809
4,695
915
1,769
147
573
25
Other commerce and transporation..
1,202
1,094
753
749
Administration and other services..
Regulation of commerce and finance.
Utilities and sanitation
Transit
Gas and electricity..
Water and sewerage.
Sanitation
Housing and community development
Urban renewal and community facilities.
Public housing
Nuclear energy research and development...
/
64
1,745
4,625
16,496
17,429
-933
278
-1
31
15,885
167
24
420
16,533
251
-648
-84
24
3
-194
70
457
3,520
5,659
124
794
-16
1,537
1,205
579
1,113
2,762
1,205
215
-1,129
-1,225
961
1,225
-264
1,225
-264
77
482
25
149
333
25
2,863
769
1,780
2,265
598
466
303
1,780
147
333
295
"295
956
807
2,200
257
Agriculture and agricultural resources
5,066
206
418
4,439
3,712
51
516
787
-585
24
191
576
108
27
75
208
4,189
2,632
2,593
2,268
364
2,282
311
Natural resources
Conservation and development of resources..
Recreation
General revenue sharing..
80
308
4,548
Postal services '.
Stabilization of farm prices and income.
Financing farm ownership and utilitiesConservation of agricultural resources...
Other
-3,600
1,886
2,182
558
3,444
14,256
264
2,156
558
297
Subsidies
ess current
surplus of
government
enterprises
645
147
147
870
855
250
870
855
341
-310
3,592
3,592
288
53
-310
1,648
1,944
1,648
1,944
-225
-264
-2,139
1,943
15
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
143
Type of Function: Annually, 1952-74—Continued
dollars]
1972
1971
Federal
PurExchases
pendi- of goods
tures
and
services
State and local
State and local
Federal
Subsidies
Trans- Grantsless
Exfer pay- in-aid to current
ments
State
surplus pendiand net and local of govtures
interest govern- ernment
paid
ments
enterprises
Purchases
of goods
and
services
Transfer payments
and net
interest
paid
Subsidies
less
current
Exsurplus pendiof govtures
ernment
enterprises
Purchases
of goods
and
services
Transfer payments
and net
interest
paid
6,1921 148,924
137,514
15,385
Subsidies
less
GrantsExin-aid to current
surplus pendiState
tures
and local of govgovern- ernment
enterments
prises
Purchases
of goods
and
services
Transfer payments
and net
interest
paid
7,805» 163,683
150,979
16,771
Subsidies Line
less
current
surplus
of government
enterprises
-4,217
1
1220,607
96,220
89,223
29,011
-3,805* 244,734
102,126
97,758
37,528
74,051
70,230
3,613
356
-148
489
489
77,853
73,513
4,093
364
-117
506
506
2
72,551
1,345
155
68,953
1,148
129
3,606
7
140
190
26
-148
220
190
79
220
190
79
76,415
1,362
76
72,295
1,169
49
4,090
3
147
190
27
-117
230
190
86
230
190
86
66
66
64
64
3
4
5
6
-130
15,853
13,101
-179
18,187
15,183
6,481
1,472
5,613
—1,820
-130
4,107
6,481
1,472
1,041
7,070
1,627
6,326
-2,145
5,309
-179
7,070
1,627
1,177
3,464
3,398
21,689
4,118
17,449
252
2,628
687
3,975
13,974
425
2,573
687
505
5
50
363
3,470
13,974
0
202
3,351
756
2,590
759
2,592
749
7
5
2,585
5,840
982
942
3,916
58,746
57,790
} 4,211 (X
1,629
82
227
673
2,238
1,060
618
41,719
13,238
3,789
41,719
13,238
2,833
956
1,761
94
150
767
4,272
1,969
870
1,433
13,067
13,039
28
5,105
2,490
60,404
1,677
46,531
12,196
20,231
9,651
10,580
69,830
37,274
8,248
11,209
3,673
593
402
9
673
36,617
7,834
64
12
11,200
920
138
19,759
334
9,651
138
10,108
334
299
100
199
10,436
119
66
}
604
338
(
\
2,080
119
3,289
24,308
5,538
18,665
284
3,209
856
606
6
87
4,572
—1,820
3,302
866
4,619
14,552
979
967
4,107
14,552
0
191
5
3,595
791
2,751
5
5
802
2,793
791
6
2,745
5
6,485
1,011
1,033
4,441
64,657
63,574
359
2,835
971
635
45,940
14,550
4,167
45,940
14,550
3,084
1,091
1,524
14,382
14,350
32
20
2,135
51,988
15.707
22,851
11,394
11,457
21
41,796
9,083
14,731
4,220
780
459
10
886
40,948
8,607
68
17
14,721
901
134
22,382
335
11,394
134
10,988
335
22
23
24
25
10,436
473
130
343
11,661
11,661
26
5,818
2,614
2,004
207
207
80
5,818
2,614
2,004
136
6,548
2,810
2,303
6,548
2,810
2,303
27
28
29
1,744
2,224
1,239
4,107
956
} 4,724
(
X
180
100
8,948
783
6,421
5,841
3,107
45
738
5,796
626
1,744
2,224
1,239
985
5,658
4,065
11,208
2,495
8,688
25
96
28
68
12,581
5,887
2,005
799
2,043
474
3
68
2,021
471
5,884
2,005
799
2,348
534
173
171
2
9,604
2,089
2,066
5,018
1,040
2,078
1,468
116
612
43
1,318
71
1,995
875
861
2
851
34
241
34
610
3,941
(
655
X 3,286
33
622
688
33
3
877
752
2,260
278
5,770
1,365
4,179
110
521
960
985
674
2,433
(
X
1,107
30
43
808
2,886
2,702
2,534
1,427
1,107
31
32
9,670
27
99
29
70
33
70
34
35
36
37
38
18,479
-987
10,081
2,435
2,231
365
40
75
17,069
101
34
288
17,739
194
546
-670
-93
34
-258
4,885
1,169
2,310
1,717
241
675
22
1,497
77
2,154
-277
45
-322
902
883
2
817
3,869
5,997
-2,128
1,071
50
207
895
32
1,627
1,315
528
1,174
2,980
1,315
367
—1,142
-1,353
398
50
892
1,260
-368
4,859
1,049
43
2,314
} 892
1,260
-368 (3,335
\ 1,524
978
71
43
2,314
122
122
913
2
3
497
3,905
387
80
194
704
3,653
3
139
30
75
253
2,769
2,852
10
2,371
398
2,527
325
10
965
949
4
6,312
2,556
802
1,064
16
16
1,824
-2
-2
24
3
29
29
1,121
601
17,633
18,727
-1,094
40
5
161
413
129
59
17,199
107
53
274
17,927
214
-728
-107
53
-312
41
42
43
44
26
-9
-371
79
-450
45
1 021
4,558
6,770
-2,212
46
348
1,393
29
1,764
1,372
852
1,281
3,265
1,372
541
-1,252
-1,501
47
48
49
50
525
986
-461
51
} 525
986
-461 \(
52
53
149
149
997
979
4,814
4,644
5,871
4,275
125
555
916
-686
63
226
665
1,453
1,453
149
358
258
70
1,121
673
673
1,982
1,083
1,427
17,492
122
16
17
18
19
2,534
470
548
1,083
2,702
2
548
48
6,170
191
2,050
13
14
15
5,615
555
193
12
48
851
1,030
75
5,i49
-2,145
5,309
266
1,030
4,902
2
7
8
9
10
11
12
9,723
28
4,979
3,004
130
28
22
3
2,050
J
6
6,312
2,558
802
2,372
537
68
610
1,310
64
3,353
2,752
39
586
54
55
1,466
4
706
4,903
4
326
42
81
257
4,635
20
248
997
979
18
56
57
58
59
60
252
965
949
342
-435
3,793
3,793
3,429
3,355
13
420
-359
3,980
3,980
61
269
73
-435
1,653
2,140
1,653
2,140
2,933
496
2,966
389
12
1
314
106
-359
1,721
2,259
1,721
2,259
62
63
2,617
2,617
18
64
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
144
Table 3.14.-—Government Expenditures by
[Millions of
1973*
Federal
Purchases
of goods
and
services
Expenditures
Total.
National defense
Military services and foreign military assistance .
Nuclear energy research and development
Other
Space research and technology
Central administration and management..
Administration
Property and records management
Personnel management and employment costs.
Net interest paid
Other
International affairs and finance
1264,792
I
State and local
Transfer
payments
and net
interest
paid
GrantsSubsidies
in-aid to less current
State and surplus of Expendilocal govgoverntures
ernments
ment
enterprises
Purchases
of goods
and
services
101,981
114,023
40,574
8,222
U80.920
167,965
78,260
73,370
4,616
407
-133
546
546
76,574
1,895
-209
71,938
1,669
-237
4,616
0
153
226
28
-133
226
226
226
226
3,043
2,981
94
94
62
62
20,640
7,951
1,842
7,320
-2,852
6,379
17,607
7,951
1,842
1,435
29,338
5,631
18,206
1,237
5,915
3,268
869
618
1,160
3,515
62
23,214
7
322
-113
120
5,000
18,206
1
-113
2,637
45
""67379
Transfer
Subsidies
payments less current
and net
surplus of
interest
governpaid
ment
enterprises
17,445
3,033
5,885
-2,852
829
2,686
816
10
2,631
5,988
1,081
987
3,920
71,739
70,562
1,177
4,225
1,763
85
218
778
633
354
2,473
816
631
50,431
16,812
4,496
50,431
16,812
3,319
1,177
6,631
2,980
1,563
2,088
16,133
16,095
38
Social security and special welfare services
79,050
2,191
63,068
13,791
25,248
13,433
11,815
Old-age, survivors, and disability insurance
Hospital and supplementary medical insurance
Public assistance and relief
Other
Civilian safety.
51,468
10,248
12,607
4,727
519
10
965
50,655
9,712
116
17
12,597
1,061
149
24,754
345
13,433
149
11,321
345
629
155
474
12,912
12,912
288
186
7,273
3,023
2,616
7,273
3,023
2,616
2,761
1,515
1,246
2,761
1,515
1,246
154
36
118
Conduct of foreign affairs and informational activities..
Foreign economic assistance and other transfers
Education
Elementary and secondary
Higher
Other
Health and hospitals
Police
Fire
Correction.
Labor
Unemployment insurance Other
Veterans benefits and services..
Pension and disability
Readjustment and other
Insurance
Hospitals and medical care
Administration and other services..
2,701
288
45
341
155
8,186
841
4,768
2,577
4,323
3,863
41
800
3,308
4,282
486
2,577
10,303
31
13,640
6,461
3,025
. 819
2,719
616
6,461
3,023
819
2,692
612
187
2
2,524
2,653
4,544
4,460
1,246
2,746
1,865
135
740
51
87
2,566
4,325
5
7
207
Other commerce and transportation.
1,108
1,598
25
Utilities and sanitation
1,399
1,066
551
125
Transit
Gas and electricity...
Water and sewerage.
Sanitation
1,238
19,580
-1,169
414
122
17,978
123
81
229
18,752
234
-774
-111
81
15
-479
99
-578
1,274
5,339
7,613
-2,274
426
S
956
1,405
3,741
1,511
729
-1,416
-1,587
1,081
-489
596
125
848
1,238
18,411
848
5,344
1,278
191
2,452
Urban renewal and community facilities.
Public housing
3,823
1,521
1,180
98
191
2,452
Nuclear energy research and development..
884
756
Postal services
2,696
560
Agriculture and agricultural resources
4,236
Housing and community development
118
"-2
189
Transportation
Highways..
Water
Railroads...
Air
-2
118
10,317
Regulation of commerce and finance..
1,423
2,154
1,511
594
592
1,081
1423
592
Stabilization of farm prices and income..
Financing farm ownership and utilitiesConservation of agricultural resources...
Other
Natural resources
Conservation and development of resources..
Recreation
General revenue sharing..
128
2,136
128
-1,400
942
4,690
1,066
1,048
18
2,590
184
442
1,020
-2,462
91
222
749
544
38
93
267
4,508
55
127
1,066
1,048
18
3,296
3,237
479
-435
4,410
4,410
2,776
520
2,836
401
361
118
-435
1,850
2,560
1,850
2,560
7,051
-4,510
7,051
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
Type of Function: Annually, 1952-74—Continued
Table 3.15A .—Relation of Federal Government Receipts and
Expenditures in the National Income and Product Accounts to
the Consolidated Cash Statement: Fiscal Years 1952-67
dollars]
[Billions of dollars]
1974*
Federal
PurExpend- chases
itures of goods
and
services
Transfer payments
and net
interest
paid
111,692
138,752
43,870
77,380
5,570
422
82,744
1,649
—1,180
77,177
1,416
- 1 , 213
5,569
1
157
232
33
3,346
3,277
6,505
3,633
859
7,176
21,035
1,354
3,507
859
917
4,303
582
582
2
-159
247
232
103
247
232
103
3
4
5
69
69
-94
23,101
20,168
8,915
2,217
8,117
-3,585
-94
7,437
8,915
2,217
1,599
69
118
14
1,222
225
1,034
3,213
7
1,043
3,260
1,029
5
7
3,206
7
7,043
1,176
1,374
4,493
7,437
16,434
-4,538
7
6,518
-3,585
8
9
10
11
12
49
14
15
77,556
55,343
18,532
4,942
55,343
18,532
3,681
1,261
1,261
6,403
2,489
1,476
2,438
18,407
18,358
49
20
96,455
3,231
78,104
15,120
26,664
16,038
10,626
21
58,759
13,165
17,248
7,283
973
637
11
1,610
757
192
57,617
12,510
4,031
3,946
493
192
10,405
760
6,682
3,723
15,345
43
717
3,730
7,119
208
39
169
33
11,437
2,841
2,886
5,027
683
20,754
21,978
-1,224
40
5,019
1,339
3,051
2,028
302
820
60
1,659
99
2,787
4,717
5
3
302
415
201
67
20,129
169
114
342
20,940
280
-811
-111
114
-416
1,266
1,232
2
32
0
-482
125
-607
41
42
43
44
45
2,793
92
2,701
7,396
9,579
-2,183
46
735
92
643
2,143
245
3,373
1,635
1,150
1,794
5,000
1,635
993
—1,549
-1,627
47
48
49
50
597
1,121
-524
51
597
1,121
-524 (
52
165
165
7,115
3,598
856
169
-2
34
14
2,058
5,202
987
127
2,285
\ 3,357
945
127
2,285
o
165
989
2,606
684
2,664
233
124
226
592
1,722
1,803
•I QAQ
}
)
169
39
39
34
35
36
37
38
1,338
1,338
39
758
1
VI
54
55
1,922
3
858
1,570
1,172
1,152
20
56
-1,610
135
267
1,441
3
469
28
83
278
1,265
63
242
1,172
1,152
20
57
58
59
60
4,432
4,350
18
601
-537
5,135
5,135
61
3,717
715
3,810
540
16
2
428
173
-537
2,144
2,991
2,144
2,991
62
63
6,156
6,156
64
-4.1
—.1
.8
.1
-.1
.2
.1
.1
-.3
.0
.1
.1
.4
.1
-.1
15
Cash payments to the public
68.0
76.8
71.9
70.5
.1
-.3
.1
-.3
.2
.2
18
Less: Coverage
District
Federal
Land
Other 4
Expenditures:
differences:
of Columbia
Home Loan banks and Federal
banks.
Financial transactions:
Net lending
Net purchases of foreign currency.
1,589
-2
-1.9
.0
.0
2,965
48
-2.3
-.1
67.4
2,526
11,569
-1.2
.0
Miscellaneous
31
32
.5
-1.1
65.8
27
28
29
1,376
.5
-1.1
.0
264
1,589
.8
-1.4
69.4
301
2,965
.3
.5
.0
8,038
3.304
3,059
2,526
67.8
65.2
8,038
3,304
3,059
2
1,154
_
Timing differences:
Checks outstanding and certain other
accounts.
510
AO
Miscellaneous
Equals: Federal Government receipts, national
income and product accounts.
26
3,011
715
1 HA^
Timing differences:
Corporate income tax
Federal and state unemployme t insurance taxes.
Withheld personal income taxes and
social security contributions.
Excise taxes
Other
14,401
6,639
480
2,058
Plus: Netting differences:
Contributions to government employees
retirement funds.
Other 3
_._.
14,401
30
71.6
.3
565
1,376
71.5
Financial transactionsMiscellaneous 2
16,038
22
23
24
25
1955
.2
.0
200
26,075
389
7,115
3,600
856
3,045
729
512
4
68.0
169
18
13,206
1,727
200
10,037
389
1954
Less: Coverage differences:
District of Columbia..
Other 1
16
17
18
19
1953
Receipts:
Cash receipts from the public.
6
2,933
13
78,817
1952
1
49
897 I( 2,858
898
477
737
264
(
189,393
-159
357
8
98
211 |
867
5,235 201,289
27,289
6,245
21,035
1
} 4,962 \i
2,081
Line
SubSubGrants- sidies
Transsidies
in-aid to less
fer payless
PurState
current
ments current
chases
Exand local surplus pendi- of goods and net surplus
govern- of gov- tures
interest of govand
ments ernment
paid
ernment Line
services
enterenterprises
prises
83,213
34,057
Fiscal years
State and local
*300,079
145
5
Plus: Netting differences:
Contributions to government employees
retirement funds.
Other 3
Timing differences:
Purchases of goods and services6 (increase
in payables net of advances).
Interest
Transfer payments
Subsidies less current surplus of government enterprises.
Miscellaneous
7
Equals: Federal Government expenditures, national income and product accounts.
.1
.1
1.7
.0
1.1
.0
-1.7
.1
1.4
.4
.4
.2
.1
.1
-.1
-.2
.3
.5
.5
-1.4
-1.1
-1.2
-.7
.2
.8
.0
.0
.6
.1
.2
.5
.0
-.1
.5
-.1
.8
.1
66.0
75.9
74.3
67.2
1. Consists largely of contributions for social insurance by residents of U.S. territories.
2. Consists largely of sales of land, receipts from offshore oil leases, and Treasury receipts
from sales of foreign currencies to government agencies.
3. Consists largely of sales of goods and services and interest receipts which are recorded as
receipts in the cash budget and netted against expenditures in the national income and product accounts.
4. Consists largely of transfer payments to residents of U.S. territories.
5. Consists largely of offshore oil leases and purchases of land and certain purchases of
foreign currency from the Treasury by government agencies.
6. Consists largely of real estate transactions, sales of military equipment to foreign countries, purchases of farm commodities, and purchases of defense equipment and supplies.
7. Consists largely of net expenditures of foreign currencies, grants to the District of Columbia, and net purchases of silver and minor coin metal.
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
146
Table 3.15A.—Relation of Federal Government Receipts and Expenditures in the National
[Billions of
Fiscal years
Line
1956
1957
1958
1959
1960
81.9
81.7
95.1
1961
1962
1963
1964
1965
1966
1967
101.9
109.7
115.5
119.7
134.5
153.6
Receipts:
Cash receipts from the public..
77.1
82.1
97.2
Less: Coverage differences:
District of ColumbiaOther i
.1
1.1
.1
Financial transactions.
Miscellaneous 2
Plus: Netting differences:
Contributions to government employees retirement funds.
Other 3
_
Timing differences:
Corporate income tax
Federal and state unemployment insurance taxes
Withheld personal income taxes and social security contributions. ~
Excise taxes
Other
:
Miscellaneous
Equals: Federal Government receipts, national income and product accounts.
.6
1.0
.9
-1.5
1.2
-1.2
1.3
-1.3
1.5
-1.3
1.5
-1.3
1.7
-1.3
1.8
-1.2
1.9
-1.9
.4
.1
.3
.0
.0
-.7
.0
.3
.2
.0
-2.8
.0
.0
-.1
.0
3.7
.2
.5
.1
.0
-.2
.1
.6
.1
.1
-1.7
.1
.2
.0
.0
1.5
.5
.3
.1
.1
-.1
.4
.0
.1
.0
.0
.1
.1
.1
.1
.0
.1
76.3
81.0
78.1
85.4
94.8
95.0
104.0
110.0
72.5
80.0
83.5
94.8
94.3
99.5
107.7
113.8
.2
-.5
.2
.3
1.1
.2
.3
-.3
.1
.3
1.1
.2
2.9
1.4
2.2
.9
3.1
1.0
1.2
1.3
2.2
1.1
.3
.2
.4
.9
-1.5
1.2
-1.2
1.3
-1.3
1.5
-1.3
1.5
-1.3
1.7
-1.3
-.1
.5
.0
-.2
.3
.4
.0
.2
1.7
.3
.0
-.1
.5
.0
-.1
.3
.5
.1
.0
.3
.2
-.2
.7
.6
.3
70.0
76.0
2.0
-1.8
2.2
-1.4
2.3
-1.9
2.5
-1.7
1.3
-.2
-.5
.1
.4
.0
.1
-.1
.0
-.9
.0
-.1
-.4
-5.4
-.1
.1
-.8
.0
.1
.1
115.6
.0
120.0
.0
.4
132.7
-.1
146.0
Expenditures:
15
Cash payments to the public
Less: Coverage differences:
District of Columbia
Federal Home Loan banks and Federal Land banks.
Other *
Financial transactions:
Net lending
Net purchases of foreign currency
Timing differences:
1.3
.8
-.2
Checks outstanding and certain other accountsMiscellaneous 5 -Plus: Netting differences:
Contributions to government employees retirement funds.
Other 3
_
_
Timing differences:
Purchases of goods and services (increase in payables net of advances)8
Interest
_
•
Transfer payments
Subsidies less current surplus of government enterprises
Miscellaneous 7
Equals: Federal Government expenditures, national income and product
accounts.
2.2
1.1
82.8
.1
.5
91.2
91.3
.7
1.2
122.4
137.8
155.1
.3
1.8
.2
.4
1.2
.2
.4
1.8
.3
.4
-3.0
.3
1.8
2.5
2.7
.5
2.3
.0
2.2
-1.4
2.3
-1.9
2.5
-1.7
.0
-.1
-.3
.8
.0
.2
-.8
.7
.1
-.1
.7
.4
.7
.1
117.2
118.5
132.7
154.9
-.5
-.9
-.2
.1
1.8
-1.2
.0
1.9
-1.9
2.0
-1.8
-.5
.9
.1
.1
-1.2
.5
98.1
120.3
106.2
111.7
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
147
Income and Product Accounts to the Consolidated Cash Statement: Fiscal Years 1952-67—Continued
dollars]
Calendar quarters not seasonally adjusted
1962
196 L
III
IV
I
II
III
IV
26.2
31.0
26.0
23.0
28.2
32.6
27.3
24.5
30.3
33.4
27.0
24.3
1
.1
.0
.1
.0
.1
.0
.0
.0
.1
.0
.1
.0
.1
.0
.1
.0
.1
.0
.1
.0
.1
.0
.1
.0
.1
.0
2
3
.2
.0
.1
,0
.1
.0
.1
.0
.5
.1
.1
.0
.0
.0
.1
.1
.2
.0
.1
.0
.1
.0
.1
.0
.1
.0
.1
.1
4
5
.4
-.4
.4
-.2
.4
-.4
.4
-.3
.5
-.4
.4
-.3
.5
-.6
.5
-.4
.5
-.5
5.
-.4
.5
-.6
.5
-.5
5
-.3
.6
—.3
5
— 5
-.6
.0
.3
.2
.0
1.4
-.2
-.3
-.1
.0
2.1
-.1
.2
-.1
.0
-1.6
.7
.4
-.1
.0
-.4
.1
.1
.2
.0
1.1
-.2
-.6
1.5
-.1
-.1
.1
.0
-1.7
.1
1.1
-.1
.0
.0
.1
.0
.2
.0
1.7
-.2
-.5
-.2
.0
1.9
-.1
.1
-1.7
.1
—.1
-.1
.0
-.5
.0
.1
1.5
-.2
—.5
-.2
.0
1.6
-.1
1
.1
.0
8
9
10
11
12
23.4
21.3
.1
.0
.1
.0
.1
.0
.0
.0
.1
.0
.2
.0
.2
.0
.6
.0
.4
-.5
.5
—.3
. 4
A
.4
-.3
-1.0
.0
.3
.1
.0
.6
-.2
—.3
-.2
.0
.7
-.1
.1
.1
.0
-2.3
.4
.1
-.1
.0
IV
21.4
19.4
25.8
28.5
23.4
20.6
.0
.0
.1
.0
.0
.0
.1
.0
.0
.0
.1
.0
bto
.2
.1
.1
.2
4
2
4
4
.4
—.3
1.3
-.2
— 2
-.1
.0
1.4
-.1
4
.1
.0
-1.9
.3
.1
.1
.0
beo
II
28.5
III
©to
I
24.8
II
I
IV
IV
I
Line
III
III
IV
1964
II
II
I
III
1963
bto
1960
1959
Q
7
.0
.0
.1
-.1
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.1
-.1
13
22.1
21.0
24.3
27.3
23.3
21.2
22.8
27.7
24.1
23.5
25.7
30.8
25.7
24.1
27.6
32.7
27.8
26.4
28.3
33.1
27.8
25.7
14
24.4
23.9
22.0
24.1
24.2
24.5
23.4
27.4
26.7
27.2
25.9
27.9
28.5
29.6
26.5
29.1
30.6
28.7
30.1
30.9
30.6
15
.1
.5
.0
.1
.3
.1
.1
-.6
.0
.1
.1
.0
.1
-.1
.0
.1
.1
.0
.1
-.7
.0
.1
.4
.0
.1
.4
.0
.1
.4
.0
.1
-.4
.0
.1
.7
.0
.1
.5
.1
.1
.3
.1
.1
-1.1
.0
.1
.8
.0
.1
1.1
.1
.1
.6
.1
.1
-.5
.1
.1
.5
.1
.1
.3
.1
1.
.3
.1
16
17
18
I i
.3
1
.2
4
.3
7
.3
4
.2
— 2
.3
.1
.4
.9
.4
1.6
.2
-.2
.3
.4
.3
.5
.4
.8
.3
—.4
.2
—.1
.3
.4
.4
.7
.2
—.1
.3
.7
.0
5
.4
1 0
.2
—3
.2
19
20
.7
.1
-.5
.0
.0
.2
-.8
.3
-.4
.7
-.6
-.3
.5*
.5
-.8
-.2
.8
.0
-.2
-1.4
1.2
.4
21
.2
.2
.1
.0
.1
.2
.2
-.1
.0
-.3
.1
-.2
.2
.3
-.1
.0
.1
.1
.1
.0
22
-.2
- 1
.4
-.2
.4
-.4
.4
-.3
.4
-.5
.5
-.3
.4
—.4
.4
-.3
.4
-.4
.4
-.2
.4
-.4
.4
-.3
.5
-.4
.4
-.3
.5
-.6
.5
-.4
.5
-.5
.5
-.4
.5
-.6
.5
-.5
.5
-.3
.6
-.3
.5
-.5
23
24
.0
.4
.1
-.1
.3
.2
,0
.1
-.1
.1
.0
.0
.0
-.2
.0
.1
.2
-.1
.0
-.1
.1
.2
.0
.1
.1
-.2
.0
.0
-.1
.3
-.2
.0
©toco to
.2
.7
.1
.0
.0
.5
.0
-.1
-.1
-.1
.0
.3
.0
.4
.0
.0
.2
.1
.0
-.1
obco to
-.5
.1
.0
.2
.1
.3
.0
.2
coocoto
31.0
-.2
.3
.0
.1
-1.3
.1
.0
.5
.9
.3
.0
-.1
.4
.1
.0
-.1
25
26
27
28
.1
.1
.1
.1
.1
.1
.1
.1
.2
.1
.1
.2
.1
.1
.1
.2
.2
.1
.2
.2
.2
.0
29
22.6
23.9
22.3
22.5
23.7
24.5
24.5
25.3
25.0
27.1
26.9
27.2
27.0
29.3
28.1
27.3
28.9
29.8
28.9
29.4
29.5
30.3
30
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
148
Table 3.15A.—Relation of Federal Government Receipts and Expenditures in the National Income and Product Accounts to the Con
solidated Cash Statement: Fiscal Years 1952-67—Continued
[Billions of dollars]
Calendar quarters not seasonally adjusted
Line
1965
1966
1967
II
III
IV
II
III
IV
II
III
37.7
29.2
25.9
46.2
34.6
31.1
49.9
35.9
IV
Receipts:
Cash receipts from the public
30.7
Less: Coverage differences:
District of Columbia
Other i
Financial transactions
Miscellaneous 2
32.5
.1
.0
.1
.1
Plus: Netting differences:
Contributions to government employees retirement funds
Others
Timing differences:
Corporate income tax
Federal and state unemployment insurance taxes
Withheld personal income taxes and social security contributions.._
Excise taxes
Other
.5
-.3
.5
-1.6
.4
.4
.1
.0
-1.2
0
.1
-.1
.0
Miscellaneous
Equals: Federal Government receipts, national income and product accounts.
29.9
.0
.0
36.6
.6
-.3
.5
-.4
.6
-.5
.6
-.6
.7
-.5
-.5
-.3
.6
-.4
.7
-.2
.7
1.4
-.3
-.2
-.5
.0
2.2
-.1
.1
.2
-1.2
.4
1.3
-.4
1.4
-.2
-1.3
-.2
1.8
-.1
.6
.1
1.4
-.2
-.2
-.1
.0
2.3
-.1
-.3
.0
.0
-1.4
.3
.9
-.7
.0
-7.2
-.1
.0
.0
.0
-3.4
0
-1.4
.3
.0
.0
.2
28.1
33.5
34.0
34.6
.0
29.7
.2
41.4
.0
.0
-.1
-.1
34.1
32.8
41.3
38.8
36.7
38.4
.1
-.6
.1
.1
-2.0
.1
.1
-1.2
.1
1.0
.1
-.4
.0
-.5
.0
.1
37.2
.0
.0
41.8
.0
37.0
.0
.1
34.5
Expenditures:
15
Cash payments to the public:
Less: Coverage differences:
District of Columbia
Federal Home Loan banks and Federal Land banks
Other*
Financial transactions:
Net lending
Net purchases of foreign currency
28.3
32.6
.1
-.3
.1
.1
1.0
.1
1.8
Timing differences:
Checks outstanding and certain other accounts
Miscellaneous*
Plus: Netting differences:
Contributions to government employees retirement funds
Others
Timing differences:
Purchases 8 of goods and services (increase in payables net of advances).
Interest
Transfer payments
Subsidies less current surplus of government enterprises
Miscellaneous 7
Equals: Federal Government expenditures, national income and product
accounts.
33.1
36.2
.1
1.2
.1
.4
-.1
1.6
.2
2.2
-.2
45.1
43.5
.1
.3
.1
1.9
.4
.2
.1
-.7
.4
-.3
1.1
-.8
.5
.6
-.1
.0
.2
-.1
.1
.5
-.4
.6
-.5
.6
-.6
.7
-.5
-.5
.5
-.3
.5
-.3
-.3
-.2
-.2
-.1
.3
-.4
-.1
-.3
.2
.3
.0
.1
.1
.0
.1
.1
.0
.1
.4
.0
.1
.2
.0
-.1
.1
.0
.1
.5
.0
.3
.3
.0
.2
.0
.1
.2
.3
.1
28.8
29.9
31.7
33.3
33.1
34.6
.1
37.9
38.1
.6
-.3
.7
-.2
.3
.2
.0
-.1
.0
39.3
.7
-.3
-1.6
.4
.7
.0
.3
.3
.0
.1
-.1
.2
-.4
39.6
42.0
42.8
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
149
Table 3.15B.—Relation of Federal Government Receipts and Expenditures in the National Income and Product Accounts to the Unified
Budget: Fiscal Years 1968-74
[Billions of dollars]
Fiscal years
Line
1970
1971
1972
1973*
1974*
Receipts:
Unified budget receipts
153.7
187.8
193.7
188.4
Less: Coverage differences l
.1
.1
.1
.2
Financial transactions
.1
.0
.0
.0
1.9
1.2
2.1
1.4
2.6
1.5
2.5
.0
.9
.0
.0
-2.2
.0
1.1
-.1
-3.0
.0
.2
.0
.0
Plus: Netting differences:
Contributions to government employees retirement fundsOther 2__
Timing differences:
Corporate income tax
Federal and State unemployment insurance taxes
Withheld personal income tax and social security contributions.
Excise taxes
Other
Miscellaneous 3
.0
Equals: Federal Government receipts, national income and product accounts
160.0
.1
.1
190.1
.0
194.9
208.6
232.2
264.9
.4
.5
.0
.0
.0
2.8
1.7
3.4
1.8
3.8
1.9
4.3
1.7
1.8
-.1
-1.7
-.5
-1.1
.4
.8
-.1
1.2
-.1
.2
.3
-.1
.9
.0
.1
240.0
271.6
.1
.1
.2
-.1
-.1
192.5
213.5
211.4
231.9
246.5
268.4
.7
-.1
.9
-.2
1.2
-1.7
1.4
-3.7
Expenditures:
13
Unified budget outlays
Less: Coverage differences:
Geographic 4
Other«
Financial transactions:
Net lending
Net purchases of foreign currencyOther
178.8
Timing differences:
Purchases of goods and services (increase in payables net of advances)..
Interest
Transfer payments
Subsidies less current surplus of government enterprises
4.0
.3
-.3
3.3
.2
-.3
2.5
.1
.0
1.7
.0
-.1
5.2
.0
-.2
-.3
.2
-.2
.1
-.9
.2
.0
.3
-2.5
.1
-6.3
.3
1.9
1.2
2.1
1.4
2.6
1.5
2.8
1.7
3.4
1.8
3.8
1.9
4.3
1.7
-2.5
.2
.0
.2
-1.4
.1
.1
.0
.1
— 3
.0
.0
-.1
-.8
-.1
.0
.1
2.5
.0
.1
-.3
-.3
-.1
.5
.3
.2
.3
212.7
232.9
256.1
Miscellaneous 6
Equals: Federal Government expenditures, national income and product
accounts.
*Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT BUSINESS.
1. Consists largely of contributions for social insurance by residents of U.S. territories.
2. Consists largely of proprietary receipts that are netted against outlays in the unified
budget, and classified as receipts in the national income and product accounts.
http://fraser.stlouisfed.org/
216-143 O - 7 7 - 1 1
Federal Reserve Bank of St. Louis
196.6
2.0
.3
-.3
7.2
.7
— 2
Net purchases of land:
Outer Continental Shelf
Other
Plus: Netting differences:
Contributions to government employees retirement fundsOther 2
184.5
.2
172.2
184.7
-.1
.2
195.6
.3
.5
278.6
3. Consists largely of Treasury receipts from sales of foreign currencies to Government
agencies.
4. Consists largely of transfer payments to residents of U.S. territories.
5. Consists of agencies not included in the unified budget, such as the Postal Service and the
Federal Financing Bank, and net purchases of silver and minor coin metal.
6. Consists largely of net expenditures of foreign currencies.
150
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
Table 3.15B.—Relation of Federal Government Receipts and Expenditures in the
[Billions of
Calendar quarters not seasonally adjusted
Line
1967
III
1969
IV
II
III
IV
II
III
IV
Receipts:
Unified budget receipts
Less: Coverage differences i
Financial transactions
Plus: Netting differences:
Contributions to government employees retirement funds..
Other 2...
Timing differences:
Corporate income tax
Federal and State unemployment insurance taxes
___
Withheld personal income tax and social security contributions..
Excise taxes
Other
35.3
31.9
36.1
50.3
43.6
39.2
44.2
60.7
48.0
42.9
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.3
1.2
.1
-5.7
-.1
.4
.1
.0
.7
-.2
-.4
-.1
.0
1.2
-.1
-.5
-.1
.0
.0
-.1
56.3
48.9
44.2
45.2
50.4
48.5
.2
—. 1
1.4
.1
.0
1.1
.1
-.1
.5
1.4
-.2
-.2
-.1
.0
.0
Miscellaneous 3_.
Equals: Fe^e***! Government receipts, national income and product
accounts.
Expenditures:
37.0
Unified budget outlays
44.1
Less: Coverage differences:
Geographic*
Others
Financial transactions:
Net lending
Net purchases of foreign currency .
Other.
2.3
-.1
-.3
.0
,0
.0
34.5
2.1
.3
1.1
.0
.0
.0
40.5
-3.3
-.1
.3
.1
.0
.1
48.0
42.4
44.9
47.4
1.0
.2
-.1
2.5
.3
.0
3.0
.2
.0
-.6
.1
.1
Net purchases of land:
Outer Continental ShelfOther..
Plus: Netting differences:
Contributions to government employees retirement funds..
Other 2
Timing differences:
Purchases of goods and services (increase in payables net of
advances).
Interest
Transfer payments
Subsidies less current surplus of government enterprises
Miscellaneous 6_.
Equals: Federal Government expenditures, national income and product
accounts.
.5
-.2
-. 1
-.2
.0
.0
44.6
46.8
2.0
-.1
—.4
.0
.0
.0
.0
-.2
41.6
47.7
46.4
46.1
.4
.1
-.2
-.3
.1
.5
.5
.4
-1.6
.4
-.7
-.2
-1.0
-.4
-.2
-.2
-.5
.0
.2
.1
.0
.1
.0
.0
1.2
.0
.0
-.2
.0
.0
.1
.0
.0
-.2
.0
.1
.5
.0
.2
-.8
.0
.0
.2
.0
.2
.3
.2
-.4
-.5
.1
-.6
1.2
.2
42.0
42.8
42.3
45.1
46.0
47.1
45.0
46.6
49.0
-.2
.0
47.9
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
151
National Income and Product Accounts to the Unified Budget: Fiscal Years 1968-74—Continued
dollars]
Calendar quarters not seasonally adjusted
II
III
IV
I
48.1
67.4
55.6
50.5
55.2
.1
.1
.1
.1
.1
.0
.0
.0
.0
.0
.8
.4
.8
.4
.9
.4
.9
.7
.9
.3
1.9
-.3
-.4
-.5
.0
1.6
-.1
-.7
-.6
.0
.9
1.4
1.9
.9
.0
-5.5
-.5
.0
.1
.0
1.5
-.5
-.4
-.2
.1
I
IV
IV
I
46.5
41.1
44.1
56.7
48.6
44.6
.0
.0
.1
.1
.0
.0
.0
.0
.0
.0
,0
.8
.5
.6
.3
.6
.4
.8
.5
.8
.5
-5.4
-.2
.0
.1
.0
1.4
-.2
-.6
-.1
.0
1.1
-.1
-.7
-.1
.0
2.3
.6
-.3
—.1
.0
-3.0
-.3
.0
-.2
.0
II
44.4
58.6
.1
.1
.0
.0
.7
.5
.4
.4
1.0
1973*
II
III
III
I
II
1974*
III
IV
I
71.0
64.4
59.8
60.5
.1
.1
.1
.1
.0
.0
.0
.0
.9
.2
1.0
.6
1.0
.7
1.0
.3
2.4
-.2
-.6
.0
.0
2.1
1.9
2.1
.1
.0
-5.1
-.8
.1
.1
.0
2.1
-.7
-.3
-.2
.0
II
Line
III
IV
80.2
72.9
66.9
1
.2
.1
.1
2
.0
.0
.0
.0
3
1.0
.2
1.1
.7
1.1
.6
1.3
.3
1.2
.4
4
5
2.0
-.3
-.8
-.2
.0
1.1
1.8
1.7
.2
.0
-4.9
— 9
3.4
-.8
-.3
-.1
.1
1.2
-.3
-.8
-.2
.0
6
7
8
9
10
'.1
.0
.0
.0
.1
.1
.0
.0
.0
.0
.0
-.1
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
11
47.4
54.4
47.8
42.3
47.8
54.5
50.4
45.9
54.4
62.8
57.3
53.0
62.8
66.8
66.5
61.7
67.0
76.4
76.7
68.4
12
47.8
49.8
54.3
49.9
52.3
54.9
56.3
55.2
58.6
61.8
57.6
60.9
64.7
63.3
65.5
64.9
67.6
70.4
74.5
78.9
13
bto
.0
1972
1971
1970
.2
.0
.2
.0
.2
.0
.2
.0
.2
.0
.2
.0
.2
.1
.2
-.2
.2
.0
.3
-1.4
.3
.0
.3
-.3
.3
.0
.3
-.1
.3
-1.1
.4
-1.1
.3
-1.4
.3
-.4
.4
-1.1
14
15
.5
.1
-.1
1.0
.1
-.1
.6
.0
.0
.0
.1
-.1
1.5
.0
-.1
1.2
.1
.0
.5
.0
-.1
.6
.0
.0
.7
.0
.0
.7
.0
.1
.9
.0
-.2
.2
.0
.0
1.8
.0
.0
-1.0
.0
.1
2.4
.0
-.1
.1
.0
.0
1.9
.0
-.1
.8
.0
.0
3.3
.0
—.1
3.2
.0
.0
16
17
18
-.1
.0
-.1
. 0
-.1
.0
-.2
.0
-.6
.1
.0
.1
.0
.1
.0
.1
.0
.1
.0
.1
-.1
.0
-.8
.0
-1.3
.0
-.3
.0
-1.3
.1
-.5
.1
-1.0
.1
-3.6
.1
.0
.0
-1.4
.0
19
20
.7
.5
.8
.5
.6
.3
.6
.4
.8
.5
.8
.5
.8
.4
.8
.4
.9
.4
.9
.7
.9
.3
.9
.2
1.0
.6
1.0
1.0
.3
1.0
.2
1.1
.7
1.1
.6
1.3
.4
1.2
.4
21
22
-.4
.2
-.4
.6
.2
.7
.3
.0
-1.9
1.5
.9
.1
.1
.5
.5
-.1
-1.2
.7
-.3
23
-.7
.0
.0
1.4
.1
.1
-.9
.1
-.2
1.0
.0
-.2
-1.0
,0
.0
1.0
.0
.3
-1.1
.0
.1
1.0
.1
-.4
-1.1
.0
.0
1.1
-.2
.5
-1.1
.1
.1
1.2
-.1
.4
-1.2
.0
-.4
1.2
.1
-.4
.1
.1
-.1
-.1
.1
.6
-.1
.2
.2
-.1
.0
1.5
.0
.0
1.1
24
25
26
.0
.1
— 4
-.3
.2
.1
.1
.1
.1
.1
.2
.1
-.1
.6
.0
.2
-.4
.3
.0
.1
.1
.1
.0
27
46.9
51.9
53.0
52.4
51.9
55.3
56.6
56.8
58.0
61.6
60.4
64.8
64.5
66.5
66.0
67.9
69.8
75.0
75.3
80.2
28
152
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
Table 3.16.—Relation of National Defense Purchases in the National Income and Product Accounts to National Defense Outlays in the
Unified Budget: Annually, 1960-74
[Billions of dollars]
Line
1960
National defense outlays in the unified budget...
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973*
1974*
45.4
47.6
51.8
51.9
50.7
51.2
62.3
74.9
80.5
81.0
77.2
74.1
76.9
77.2
83.4
Department of Defense, military
41.6
44.4
48.6
48.3
47.9
48.7
60.9
72.8
78.3
78.8
75.4
71.8
74.9
76.0
82.6
Military personnel
Retired military personnel..
Operation and maintenance-
11.1
.7
10.4
11.4
.8
12.3
.9
12.3
1.1
13.3
1.3
13.9
1.5
16.5
1.7
19.0
2.0
21.0
2.3
22.0
2.6
22.8
3.1
22.7
3.7
23.4
4.1
24.7
5.6
11.1
11.8
11.8
12.0
13.3
16.1
20.2
21.2
22.6
21.0
20.6
21.7
23.4
4.7
21.4
Procurement
Aircraft
Missiles
Ships..
Vehicles and ordnance
Electronics and communications.
Other
13.3
6.3
3.6
.9
.5
1.2
.9
15.2
6.7
4.9
2.0
.9
1.1
16.1
6.3
4.5
1.9
1.5
1.3
16.4
6.2
3.4
2.6
1.7
1.3
1.1
14.1
5.8
3.1
2.1
1.3
1.0
12.4
5.8
2.0
1.4
1.4
16.2
7.3
2.0
1.4
2.7
1.2
1.7
22.0
9.3
2.0
1.6
5.3
1.4
2.5
23.3
9.4
2.4
1.5
6.3
1.7
2.1
23.4
8.6
2.8
2.0
6.4
1.3
2.3
20.4
7.5
3.1
2.1
4.9
1.2
1.7
16.3
5.6
2.8
1.9
3.3
1.0
1.8
17.1
5.5
3.1
2.1
3.5
.9
2.1
15.7
5.2
3.1
1.9
2.9
.8
1.8
15.6
5.0
3.0
2.4
1.9
.8
2.5
3.3
4.4
1.4
5.6
1.8
7.0
6.8
.4
6.1
1.6
6.8
3.7
7.6
2.0
7.4
3.2
7.5
7.1
7.3
8.0
.6
8.6
2.2
8.9
2.9
.8
1.0
.8
.7
.5
1.1
1.4
1.5
1.3
Research, development, test, and evaluation..
Other i
Military assistance
Atomic energy and
activities
other
defense-related
Less: Transfer payments, grants-in-aid, and net
interest p a i d . . .
Timing differences and other adjustments 2_.
Equals: National defense purchases, national
income and product accounts..
2.7
1.5
2.3
.0
44.5
1.1
1.2
2.1
2.0
1.0
—.4
1.1
—.3
47.0
51.1
—.4
1.2
1.0
1.3
1.7
1.1
1.3
.3
1.5
.1
1.6
.1
1.8
.1
2.1
1.3
2.5
1.2
2.8
1.9
3.3
.4
50.3
49.0
49.4
60.3
71.5
76.9
76.3
73.5
1.6
2.0
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
B USINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
C U R R E N T BUSINESS.
24.9
.7
.4
1.0
1.3
.8
—.1
3.8
.0
4.3
—1.0
4.9
—1.0
5.8
.2
70.2
73.5
73.4
77.4
1.1
1.2
g
1. Consists largely of military construction, family housing, civil defense, and revolvin
and management funds.
2. Consists largely of the increase in advances net of pavables for defense purchases.
Table 3.17.—Relation of Commodity Credit Corporation (CCC) Expenditures in the National Income and Product Accounts to CCC Outlays in the Unified Budget: Annually, 1960-74
Billions of dollars]
1967
1972
1962
1963
1964
1965
3.7
5.0
4.9
4.7
3.7
3.1
2.4
6.3
5.0
3.9
4.0
4.1
2.1
-.5
.4
.7
1.0
1.7
-.1
.0
-.2
.0
-.2
1.8
—.2
.0
-.2
1.1
—.6
-.1
-.2
1.0
—.5
.2
-.1
-.2
—.4
.1
1.5
—.4
-.1
.4
—.4
.1
—.2
.7
—.4
.1
—.2
.7
—.4
-.1
-.2
.6
—.2
.4
—.2
—.5
.0
-.1
3.9
4.1
1.6
-.1
-2.9
.3
-1.4
.4
1968
1970
1969
1973*
1
Commodity Credit Corporation outlays in the
unified budget.
2
3
4
5
Less: Financial transactions
Netting differences
Timing differences
Other i
6
Equals: Commodity Credit Corporation expenditures, national income and product
accounts.
2.3
3.2
4.1
3.2
3.2
3.4
2.6
3.0
5.4
5.1
.9
—.4
.3
—.2
3.2
7
8
9
Purchases of goods and services
Transfer payments to foreigners
Grants-in-aid to State and local governments.
Net interest paid
Subsidies less current surplus
Subsidies
.6
.3
.1
.2
.4
.1
.8
.4
.1
.4
-.5
.4
-.4
.3
-1.9
.3
-.5
.3
1.7
.3
.8
.3
-1.0
.4
.2
.4
-.7
.5
.0
1.4
.1
-1.3
.0
2.6
1.0
-1.6
.0
2.8
1.2
.0
2.8
1.2
.0
3.4
1.7
.0
3.5
2.0
.0
4.2
2.9
.0
3.3
2.7a
.0
3.4
3.0Q
4.0
3.5
—.2
4.1
3.5
—.2
3.5
3.0
-.2
4.6
3.9
10
11
12
13
2.7
1966
1971
1961
1960
Line
1 R
1 a
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY or
CURRENT BUSINESS.
1 7
1
K
1 o
a
1. Consists largely of foreign currency transactions.
e
7
4*4
2.7
1 7
1974*
.2
-.1
-.4
1.2
.2
1 A
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
153
Table 3.18.—Relation of State and Local Government Receipts and Expenditures in the National Income and Product Accounts to Bureau
of Census Governmental Finances Data: Fiscal Years, 1958-74
[Billions of dollars]
Line
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973*
49.3
54.0
60.3
64.5
69.5
75.3
81.5
88.1
97.6
106.6
117.6
132.2
150.1
166.1
190.8
217.6
237.9
1.7
.1
1.8
.0
2.3
.0
2.5
.1
2.8'
.1
3.3
.0
3.2
—.1
3.3
.2
3.3
.3
3.6
—2 1
5.0
—2 2
5.7
-1.0
.0
.0
.1
.1
.1
.1
x
1
3.0
— 4
1
3.1
—1 2
.1
3.0
—.9
.1
3.1
—1 2
Financial transactions,.
3.2
.2
.1
2
2
.2
Sale of land
.1
.2
.2
.2
.2
.3
.2
.3
.3
.2
.2
.2
1.2
.3
.2
.3
.4
5.7
1.5
.9
6.2
1.7
1.0
6.8
2.0
1.3
7.2
2.1
1.4
7.5
2.3
1.6
8.3
2.6
1.8
8.5
2.8
2.0
9.1
3.1
2.4
9.6
3.5
2.8
10.1
3.8
3.4
10.9
4.2
3.7
11.7
4.6
4.5
13.0
5.0
5.5
14.3
5.4
6.4
15.6
5.7
6.9
17.8
5.9
8.1
19.5
6.4
11.0
-1.1
-1.1
-1.3
-1.4
-1.4
-1.6
-1.7
-1.8
-2.0
-2.3
-2.7
-2.9
-3.3
-3.8
-4.1
-4.8
-5.5
-.6
-.1
.6
—1.1
.1
1.2
-.5
.0
—.3
-.6
-.1
.1
—.3
.1
.0
.1
.1
-.2
.1
.1
—.1
.1
.0
.2
__. 1
1
.3
—.2
.1
.4
1.4
.3
.5
.8
.2
.4
1.7
—.2
—.1
.4
.4
—.4
.2
-.1
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
40.1
44.4
48.3
51.8
56.2
60.5
66.3
72.1
80.1
88.0
101.2
112.6
128.0
142.0
165.0
186.6
200.8
53.7
58.6
61.0
67.0
70.5
75.8
80.6
87.0
94.9
106.0
116.2
131.6
148.1
170.8
190.5
205.2
226.0
2.8
3.3
2.4
3.5
2.8
2.8
2.6
2.3
1.9
1.9
2.1
2.0
2.7
4.7
4.7
4.1
4.7
.9
1.0
1.0
1.1
1.2
1.3
1.5
1.5
1.6
1.6
1.7
1.8
1.7
2.0
1.8
2.0
2.0
17.8
19.5
6.4
19.5
6.4
11.0
-5.5
1974*
Receipts
Census total revenue
Less: Coverage differences:
Unemployment insurance fund contributions and earnings
Certain grant programs
Netting and grossing differences:
Enterprise current operating expenditures
plus current surplus
Government sales
Interest received
Employer contributions to own social insurance funds.
2
x
Plus: Timing differences:
Property taxes
Corporate profits taxes..
Other
MiscellaneousEquals: State and local government receipts, national income and product accounts
2
x
o
x
7
1.1
.1
-1.7
Expenditures
15
Census total expenditures
Less: Coverage differences:
16
Unemployment insurance fund benefits
17
Purchases of land
Netting and grossing differences:
Enterprise current operating expenditures
plus current surplus
Government sales
Interest received.
Employer contributions to own social insurance funds
5.7
1.5
.9
6.2
1.7
1.0
6.8
2.0
1.3
7.2
2.1
1.4
7.5
2.3
1.6
8.3
2.6
1.8
8.5
2.8
2.0
9.1
3.1
2.4
9.6
3.5
2.8
10.1
3.8
3.4
10.9
4.2
3.7
11.7
4.6
4.5
13.0
5.0
5.5
14.3
5.4
6.4
15.6
5.7
6.9
17.8
5.9
8.1
-1.1
-1.1
-1.3
-1.4
-1.4
-1.6
-1.7
-1.8
-2.0
-2.3
-2.7
-2.9
-3.3
-3.8
-4.1
-4.8
Plus: Timing differences: Excess of accruals over
disbursements, and other
-1.1
-.3
-.8
-1.1
-.3
-.4
1.0
1.0
2.1
2.2
4.1
2.7
.2
-.4
-3.7
.2
2.4
.0
.0
-.2
-.1
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
-.3
41.9
46.2
47.9
52.1
5S.2
60.1
65.8
71.3
79.5
89.6
100.5
112.6
123.6
141.4
156.2
172.2
190.1
Miscellaneous..
Equals: State and local government expenditures,
national incoire and product accounts..
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT BUSINESS.
K R
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
154
4. Foreign Transactions
Table 4.1.—-Foreign Transactions in the National Income and Product Accounts:
[Millions of
1946
1947
1948
1949
1950
Receipts from foreigners.
14,811
Exports of goods and services..
Merchandise
Other
14,811
11,764
3,047
1951
19,837
16,882
15,859
13,914
19,837
16,097
3,740
16,882
13,265
3,617
15,859
12,213
3,646
13,914
10,203
3,711
1952
1953
1954
1955
1956
1957
18,932
18,204
18,932
14,243
4,689
18,204
13,449
4,755
17,145
18,001
20,045
23,860
26,724
17,145
12,412
4,733
18,001
12,929
5,072
20,045
14,424
5,621
23,860
17,556
6,304
26,724
19,562
7,162
Capital grants received by the United
States (net)
Payments to foreigners.
14,811
19,837
16,882
15,859
13,914
18,932
18,204
17,145
18,001
20,045
23,860
26,724
Imports Of goods and services.
Merchandise
Other
7,239
5,067
2,172
8,227
5,973
2,254
10,371
7,557
2,814
9,640
6,874
2,766
12,016
9,081
2,935
15,094
11,176
3,918
15,810
10,838
4,972
16,554
10,975
5,579
16,011
10,353
5,658
17,827
11,527
6,300
19,590
12,803
0,787
20,652
13,291
7,361
Transfer payments (net)
From persons (net)
From government (net).
2,910
661
2,249
2,606
663
1,943
4,506
678
5,612
506
5,106
4,001
438
3,563
3,492
386
2,492
404
2,444
466
2,244
468
. 2,360
492
2,268
493
1,775
15
16
25
31
3,106
2,088
2,453
411
2,042
1,978
1,776
47
64
86
59
154
299
-162
-1,939
-313
1,756
Interest paid by government to foreigners.
Net foreign investment
3,828
17
4,647
582
-2,134
1,988
1,868
94
201
[Billions of
1946
Line
1
Receipts front foreigners
2
3
4
Exports of goods and services
Merchandise
Other
5
Capital grants received by the United
States (net).
6
7
8
9
Imports of goods and services
Merchandise
Other
13
Transfer payments (net)
From persons (net)
From government (net). . .
Interest paid by government to foreigners.
14
Net foreign investment
10
11
12
Payments to foreigners
_.
I
II
13.7
1947
1948
III
IV
I
II
III
IV
14.5
19.4
20.6
20.5
1949
I
II
18.8
18.2
16.6
16.8
20.5
16.8
3.7
18.8
15.1
3.7
18.2
14.6
3.6
16.6
13.0
3.6
16.8
13.1
3.7
III
IV
I
II
16.0
17.5
16.0
12.4
3.6
17.5
13.7
3.8
III
IV
17.1
15.5
13.3
17.1
13.2
3.9
15.5
11.9
3.6
13.3
10.1
3.2
14.9
16.2
13.7
14.9
16.2
14.5
19.4
15.7
3.7
20.6
16.7
3.9
13.7
14.9
16.2
14.5
19.4
20.6
20.5
18.8
18.2
16.6
16.8
16.0
17.5
17.1
15.5
13.3
6.8
7.2
7.3
7.6
7.8
5.6
2.2
8.5
6.3
2.2
7.9
5.8
2.1
8.7
6.2
2.5
9.9
7.3
2.6
10.3
7.6
2.7
10.8
7.7
3.1
10.4
7.5
2.9
10.0
7.2
2.8
9.8
6.9
2.9
9.3
6.6
2.7
9.5
6.9
2.6
3.3
.5
3.1
.7
2.4
2.7
.7
2.0
2.6
.7
1.9
2.4
.7
1.7
2.5
.6
1.9
2.8
.7
2.1
2.7
.6
2.1
3.8
.8
3.0
3.6
.7
3.0
5.5
.6
4.8
5.2
.6
4.5
5.7
.5
5.1
5.9
.5
5.4
5.8
.5
5.3
5.1
.5
4.7
2.7
.0
.0
0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
4.6
6.2
4.3
9.1
9.6
9.8
7.4
4.5
2.6
.5
.4
1.8
1.4
.4
—1.3
3.5
1956
Line
1957
1958
I
II
III
IV
I
II
III
IV
I
22.1
23.5
24.5
25.3
27.6
27.3
26.7
25.3
22.1
15.9
6.2
23.5
17.2
6.3
24.5
18.1
6.5
25.3
19.1
6.2
27.6
20.6
7.0
27.3
20.1
7.2
26.7
19.4
7.2
25.3
18.1
7.2
1959
II
III
IV
I
II
III
IV
23.1
23.3
23.4
23.4
22.6
22.9
24.9
24.5
23.1
16.6
6.6
23.3
16.3
6.9
23.4
16.4
6.9
23.4
16.3
7.1
22.6
15.6
7.0
22.9
15.9
7.0
24.9
17.5
7.4
24.5
16.9
7.6
1
Receipts from foreigners
2
3
4
Exports of goods and services
Merchandise
Other
5
Capital grants received by the United
States (net).
6
7
8
9
Payments to foreigners
22.1
23.5
24.5
25.3
27.6
27.3
26.7
25.3
23.1
23.3
23.4
23.4
22.6
22.9
24.9
24.5
Imports of goods and services
Merchandise
Other
.
19.6
13.0
6.6
19.6
12.7
6.9
19.9
12.6
7.3
19.2
12.9
6.3
20.8
13.2
7.6
20.9
13.4
7.6
20.5
13.1
7.4
20.4
13.5
6.8
20.3
12.6
7.7
20.9
12.7
8.2
20.5
12.8
7.8
21.6
13.8
7.8
22.2
14.5
7.7
23.4
15.5
7.8
23.7
15.8
7.9
23.4
15.4
8.0
2.2
,5
1.8
2.4
.5
1.9
2.4
.5
1.9
2.4
.5
1.9
2.2
.5
1.7
2.5
.5
2.0
2.2
.5
1.7
2.2
.5
1.7
2.1
.4
1.7
2.2
.4
1.8
2.3
.4
1.9
2.3
.4
1.9
2.3
.4
1.9
2.1
.4
1.7
2.2
.4
1.8
2.5
.4
2.0
..
.
.
10
11
12
Transfer payments (net)
From persons (net)
From government (net)
13
Interest paid by government to foreigners.
.1
.1
.2
.2
.2
.2
.2
.2
.2
.1
.1
.2
.2
.2
.3
.4
14
Net foreign investment
.1
1.4
2.1
3.5
4.4
3.7
3.8
2.6
.6
.1
.4
-.7
-2.1
-2.8
-1.4
-1.8
.
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY
OF CURRENT BUSINESS.
155
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
Annually, 1946-74, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-74
dollars]
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
30,607
32,709
37,393
39,548
42 773
45,561
49,933
54,699
63,335
66,312
73,366
30,607
20,781
9,826
32,709
22,272
10,437
37,393
25,501
11,892
39,548
26,461
13,087
42,773
29,310
13,463
45,561
30,666
14,895
49,933
33,626
16,307
54,699
36,414
18,285
62,468
42,469
19,999
65,595
43,311
22,284
72,656
49,388
23,268
867
717
710
0
1958
1959
1960
1961
1962
23,286
23,725
27,595
28,882
23,286
16,414
6,872
23,725
16,458
7,267
27,595
19,650
7,945
28,882
20,108
8,774
1974*
1973*
101,519
101,519
71,379
30,140
Line
142,214
1
144,224
98,309
45,915
2
3
4
—2,010
5
23,286
23,725
27,595
28,882
30,607
32,709
37,393
39,548
42,773
45,561
49,933
54,699
63,335
66,312
73,366
101,519
142,214
6
20,822
12,952
7,870
23,166
15,310
7,856
23,223
14,758
8,465
23,076
14,537
8,539
25,229
16,260
8,969
26,414
17,048
9,366
28,445
18,700
9,745
31,957
21,510
10,447
37,713
25,493
12,220
40,624
26,866
13,758
47,653
32,991
14,662
52,946
35,807
17,139
58,522
39,866
18,656
64,033
45,579
18,454
75,949
55,797
20,152
94,151
70,424
23,727
136,478
103,586
32,892
7
8
9
2,221
423
1,798
2,335
436
1,849
2,300
414
1,886
2,514
424
2,090
2,628
467
2,161
2,742
563
2,179
2,769
602
2,167
2,841
664
2,177
2,917
640
2,277
3,107
862
2,246
2,933
817
2,115
2,976
921
2,055
3,248
1,050
2,198
3,642
1,058
2,585
3,779
1,034
2,745
3,841
1,210
2,631
4,235
1,029
3,206
10
11
12
139
281
332
278
339
401
453
489
549
598
702
777
1,024
1,844
2,684
3,836
4,262
13
104
-2,007
1,740
3,014
2,411
3,152
5,726
4,261
1,594
1,232
-1,355
-2,000
541
-3,207
-9,046
-309
-2,761
14
dollars]
I
1952
1951
1950
II
III
IV
I
III
II
IV
II
I
1954
1953
III
IV
I
III
II
IV
I
1955
II
III
IV
Line
I
II
III
IV
13.1
13.3
14.0
15.2
16.6
19.0
19.9
20.2
20.4
18.4
17.0
17.1
16.9
17.1
17.5
17.1
16.5
18.5
18.0
19.0
19.6
19.3
20.5
20.8
1
13.1
9.6
3.5
13.3
9.8
3.5
14.0
10.2
3.8
15.2
11.3
4.0
16.6
12.5
4.1
19.0
14.3
4.7
19.9
15.1
4.8
20.2
15.1
5.1
20.4
15.4
5.0
18.4
13.4
4.9
17.0
12.4
4.6
17.1
12.5
4.5
16.9
12.1
4.7
17.1
12.3
4.8
17.5
12.9
4.7
17.1
12.3
4.7
16.5
11.6
4.9
18.5
13.6
4.9
18.0
12.9
5.1
19.0
13.6
5.3
19.6
14.2
5.5
19.3
13.8
5.5
20.5
14.8
5.7
20.8
14.9
5.8
2
3
4
5
13.1
13.3
14.0
15.2
16.6
19.0
19.9
20.2
20.4
18.4
17.0
17.1
16.9
17.1
17.5
17.1
16.5
18.5
18.0
19.0
19.6
19.3
20.5
20.8
6
9.9
7.2
2.7
10.6
7.8
2.8
13.4
10.4
3.0
14.1
10.9
3.2
15.4
11.8
3.6
15.7
12.0
3.7
14.8
10.8
4.0
14.5
10.1
4.4
15.4
10.7
4.7
15.2
10.6
4.6
15.8
10.8
5.0
16.9
11.3
5.6
16.3
11.0
5.3
17.0
11.5
5.4
16.8
11.2
5.7
16.1
10.2
5.9
15.4
10.0
5.4
16.8
11.0
5.7
15.9
10.2
5.7
16.0
10.2
5.9
16.7
11.1
5.6
17.8
11.2
6.5
18.1
11.3
6.8
18.7
12.5
6.3
7
8
9
4.4
.5
3.9
4.2
.4
3.7
3.5
.4
3.1
3.9
.4
3.5
3.4
.4
3.0
3.4
.4
3.0
3.5
.4
3.1
3.6
.4
3.2
2.1
.4
1.7
2.8
.4
2.4
3.0
.4
2.6
2.1
.4
1.7
2.6
.5
2.1
2.6
.5
2.1
2.4
.5
1.9
2.3
.5
1.8
2.1
.4
1.7
1.8
.4
1.4
2.6
.7
1.9
2.5
A
2.1
2.9
.4
2.5
2.4
.4
2.0
2.3
.4
1.9
2.2
.4
1.8
10
11
12
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.1
. .1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
13
—1.2
—1.5
—3.0
—2.9
—2.2
—.2
1.6
2.0
2.8
.4
—1.8
—2.0
—2.1
—2.5
—1.8
—1.5
—1.0
—.1
—.6
.4
—.1
—.9
.1
—.3
14
1961
1960
I
II
III
26.4
27.4
28.2
26.4
18.7
7.7
27.4
19.7
7.7
28.2
20.1
8.1
1962
I
II
III
IV
I
28.3
28.9
27.9
29.0
29.8
28.3
20.1
8.2
28.9
20.4
8.5
27.9
19.2
8.6
29.0
20.2
8.9
29.8
20.7
9.1
IV
1964
1963
II
III
IV
29.4
31.2
31.1
30.7
30.5
32.7
33.0
29.4
20.3
9.1
31.2
21.3
9.9
31.1
21.3
9.7
30.7
20.1
10.6
30.5
20.3
10.2
32.7
22.4
10.3
33.0
22.7
10.3
I
II
III
I
II
34.6
36.9
36.4
34.6
23.8
10.9
36.9
25.0
11.9
36.4
24.8
11.6
IV
1965
Line
IV
I
II
III
IV
37.8
38.6
35.5
41.1
40.7
40.8
1
37.8
25.7
12.1
38.6
26.5
12.0
35.5
22.7
12.8
41.1
27.8
13.4
40.8
27.9
12.9
2
3
4
III
40.7
27.5
13.3
5
26.4
27.4
28.2
28.3
28.9
27.9
29.0
29.8
29.4
31.2
31.1
30.7
30.5
32.7
33.0
34.6
36.9
36.4
37.8
38.6
35.5
41.1
40.7
40.8
6
23.7
15.2
8.4
23.9
15.4
8.4
23.3
14.6
8.7
22.1
13.8
8.3
22.1
13.6
8.5
22.3
13.8
8.5
23.7
15.2
8.5
24.2
15.6
8.6
24.6
15.9
8.8
25.2
16.3
8.8
25.4
16.5
8.9
25.8
16.4
9.4
25.4
16.3
9.2
26.2
16.9
9.2
27.0
17.5
9.5
27.1
17.5
9.5
27.3
17.7
9.7
28.1
18.4
9.7
28.8
19.0
9.7
29.6
19.7
9.9
28.7
18.8
9.9
32.4
21.9
10.4
32.6
22.3
10.4
34.1
23.1
11.0
7
8
9
2.0
.4
1.7
2.2
.4
1.8
2.4
.4
2.0
2.5
.5
2.1
2.5
.4
2.1
2.5
.4
2.1
2.4
.4
2.0
2.6
.4
2.2
2.8
.5
2.3
2.5
.5
2.0
2.5
.5
2.1
2.7
.5
2.2
2.6
.6
2.0
2.7
.5
2.2
2.8
.6
2.2
2.9
.6
2.4
2.6
.6
2.0
2.8
.6
2.3
2.8
.6
2.1
2.9
.6
2.2
2.6
.6
1.9
3.1
.7
2.5
2.8
.7
2.2
2.8
.7
2.1
10
11
12
.4
.3
.3
.3
.3
.3
.3
.3
.3
.3
.3
.4
.4
.4
.4
.4
.4
.4
.4
.5
.5
.5
.3
1.0
2.2
3.4
4.0
2.8
2.6
2.6
1.7
3.3
2.8
1.9
2.1
3.5
2.8
4.2
6.5
5.0
5.8
5.6
3.8
5.2
.5
4.8
.5
13
3.4
14
156
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
Table 4.1.—Foreign Transactions in the National Income and Product Accounts:
[Billions of
1966
Line
I
1
Receipts from foreigners
2
3
4
Exports of goods and services
Merchandise
„.
Other
_
5
Capital grants received by the United
States (net).
II
1968
1967
III
I
IV
41.7
42.0
43.2
44.2
41.7
28.8
12.9
42.0
28.7
13.3
43.2
29.6
13.6
44.2
30.2
14.0
II
45.3
III
II
III
IV
45.7
46.4
47.1
50.1
52.4
50.1
44.9
30.9
14.1
45.7
30.7
15.0
46.4
30.4
16.0
47.1
31.8
15.3
50.1
33.6
16.5
52.4
35.6
16.8
50.1
33.6
16.5
44.9
45.3
30.8
14.5
I
IV
6
Payments to foreigners
41.7
42.0
43.2
44.2
45.3
44.9
45.7
46.4
47.1
50.1
52.4
50.1
7
8
9
Imports of goods and services
Merchandise
Other
_
35.6
24.1
11.5
36.7
24.7
12.0
39.1
26.5
12.6
39.5
26.7
12.8
40.1
26.7
13.4
39.7
25.9
13.8
40.4
26.3
14.1
42.4
28.6
13.8
45.4
31.3
14.1
46.8
32.5
14.3
49.3
34.3
15.0
49.1
33.8
15.3
3.3
.6
2.9
.7
2.3
2.8
.7
2.2
2.6
.6
2.0
2.9
.7
2.2
3.4
1.2
2.2
3.4
.8
2.6
2.7
.7
2.0
2.6
.8
1.8
2.8
.8
2.1
3.1
.9
2.2
3.2
.8
2.4
10
11
12
Transfer payments (net)
From persons (net)
From government (net)
13
Interest paid by government to foreigners.
14
Net foreign investment
2.7
.5
_
2.3
.5
.6
.6
.5
.6
.6
.7
.7
.7
.7
.7
1.9
.7
1.4
1.8
1.2
1.3
.6
-1.6
-.3
-.7
-2.9
Table 4.2.—Foreign Transactions in the National Income and
[Billions of
1946
Line
II
Receipts from foreigners..
Exports of goods and services
Capital grants received by the United
States (net).
Payments to foreigners...
Imports of goods and services.
III
IV
II
III
III
II
II
IV
III
IV
3.9
3.8
3.8
4.8
5.3
4.8
4.9
4.5
4.3
4.0
4.2
4.3
4.4
3.7
3.5
3.9
3.8
3.8
4.8
5.3
4.8
4.9
4.5
4.3
4.0
4.2
4.3
4.4
3.7
3.5
3.3
3.9
3.8
3.8
4.8
5.3
4.8
4.9
4.5
4.3
4.0
4.2
4.3
4.4
3.7-
3.5
2.0
2.1
2.7
2.6
2.5
2.4
2.3
2.4
1.3
.2
1.2
1.2
.2
1.0
1.4
.1
1.3
1.6
.1
1.5
1.4
.1
1.3
1.2
.1
1.0
1.7
1.7
1.8
1.9
2.0
2.2
.7
.2
.5
.7
.1
.5
.8
.2
.7
Net interest paid
2.5
.6
.2
.4
2.5
1.0
.2
.8
1.0
.2
.8
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
1.3
1.3
1.3
2.2
2.6
2.2
2.0
1.0
.7
-.1
.4
.4
.3
.0
-.1
1956
Line
1957
III
II
Receipts from foreigners.
IV
1949
3.3
Net foreign investment..
Exports of goods and services
Capital grants received by the United
States (net).
1948
3.3
Transfer payments (net)
From persons (net)
From government (net)..
10
1947
II
IV
1959
1958
III
IV
II
III
IV
III
II
IV
5.4
6.0
5.8
6.6
6.8
7.0
6.3
6.6
5.6
6.0
5.6
6.1
5.5
5.9
6.0
6.5
5.4
6.0
5.8
6.6
6.8
7.0
6.3
6.6
5.6
6.0
5.6
6.1
5.5
5.9
6.0
6.5
Payments to foreigners..
5.4
6.0
5.8
6.6
6.8
7.0
6.3
6.6
5.6
6.0
5.6
6.1
5.5
5.9
6.0
6.5
Imports of goods and services.
4.8
4.9
5.1
4.8
5.0
5.3
5.3
5.1
4.9
5.2
5.3
5.4
5.3
5.9
6.1
5.8
.5
.1
.4
.6
.1
.5
.7
.1
.5
.5
.1
.4
.6
.1
.4
.5
.1
.4
.5
.1
.4
.6
.1
.5
.6
.1
.5
.5
.1
.4
.5
.1
.4
.6
.1
.5
.0
.0
.1
.1
.1
-.5
-.6
Transfer payments (net)
From persons (net)
From government (net).
Net interest paid
.0
.0
.0
.1
.1
.1
.0
Net foreign investment.
.2
1.1
1.1
1.0
.5
.9
.1
1966
-.3
.1
-.8
.1
-.1
1968
1967
Line
II
II
IV
III
III
IV
III
II
IV
10.2
10.8
10.3
11.5
11.1
11.6
10.9
12.0
11.6
12.9
12.4
13.0
10.2
10.8
10.3
11.5
11.1
11.6
10.9
12.0
11.6
12.9
12.4
13.0
Payments to foreigners...
10.2
10.8
10.3
11.5
11.1
11.6
10.9
12.0
11.6
12.9
12.4
13.0
Imports of goods and services..
8.5
9.3
10.1
9.8
10.1
10.4
10.5
10.9
11.8
12.8
12.2
.8
.1
.8
.2
.6
.7
.2
.5
.7
.2
.5
.8
.2
.6
.7
.2
.5
.8
.2
.6
.1
.1
.1
.2
.2
.2
.2
-.5
-.1
.1
-1.2
-.1
Receipts from foreigners..
Exports of goods and services
Capital grants received by the United
States (net).
Transfer payments (net)
From persons (net)
From government (net)..
Net interest paid
Net foreign investment.
.7
.1
.8
.2
.6
.1
.7
•Revised estimates for 1973 and 1974 will be shown in the September 1976 SURVEY OF CURRENT
DigitizedBUSINESS.
for FRASER
Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT BUSINESS.
157
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
Annually, 1946-74, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-74—Continued
dollars]
1969
I
II
1970
III
IV
I
II
III
IV
I
II
III
IV
I
II
1974 *
1973*
1972
1971
III
IV
I
II
III
IV
I
II
Line
III
IV
47.2
56.0
57.4
58.2
62.1
63.7
64.3
63.2
65.8
67.3
68.9
63.1
69.8
69.9
74.1
79.7
89.4
96.6
105.2
114.9
125.1
141.6 148.6 153.6
1
47.2
29.9
17.2
56.0
37.9
18.1
57.4
38.3
19.1
58.2
39.4
18.7
61.3
41.5
19.8
62.9
42.8
20.1
63.4
43.3
20.1
62.3
42.3
20.0
65.1
44.0
21.2
66.6
68.2
46.6
21.6
69.1
47.2
21.9
69.2
46.8
22.4
73.4
50.0
23.5
79.0
53.6
25.4
89.4
61.7
27.7
96.6
67.8
28.8
105.2
73.8
31.4
114.9
82.2
32.7
133.1
89.9
43.2
141.6 148.6 153.6
96.9 100.1 106.4
44.7 48.5 47.2
2
3
4
.9
.9
.9
.9
7
7
7
62.4
38.8
23.6
7
7
7
7
7
.0
.0
.0
.0
-8.0
.0
.0
5
.0
47.2
56.0
57.4
58.2
62.1
63.7
64.3
63,2
65.8
67.3
68.9
63.1
69.8
69.9
74.1
79.7
89.4
96.6
105.2
114.9
125.1
141.6 148.6 153.6
6
46.0
30.4
15.7
55.1
38.3
16.8
54.8
37.1
17.7
55.9
37.5
18.4
57.3
39.0
18.4
58.5
39.4
19.1
58.7
39.9
18.9
59.6
41.2
18.4
61.2
43.1
18.1
65.3
46.9
18.4
66.3
47.8
18.5
63.3
44.6
18.8
73.7
54.0
19.7
73.3
53.2
20.1
75.7
56.1
19.6
81.1
59.9
21.1
87.4
65.3
22.1
92.1
68.8
23.4
95.0
70.9
24.1
102.0
76.7
25.4
117.5
90.3
27.1
137.6 145.5 145.3
102.7 109.4 111.9
34.9 36.1 33.4
7
8
9
2.6
.8
1.8
3.5
1.0
2.5
2.9
.9
1.9
3.0
1.0
2.0
3.1
1.0
2.1
3.2
1.1
2.1
3.3
1.1
2.3
3.4
1.0
2.4
3.3
1.0
2.3
3.5
1.0
2.5
3.9
1.1
2.8
3.9
1.1
2.8
3.9
1.0
2.9
3.8
1.0
2.8
3.8
1.0
2.8
3.6
1.1
2.5
3.0
.9
2.1
4.1
.9
3.2
3.6
.9
2.7
4.7
2.2
2.5
3.8
1.1
2.8
2.4
2.5
2.6
2.7
2.9
3.5
3.9
4.0
4.0
4.0
- 6 . 5 -10.4
-9.8
-8.1
-7.9
-4.5
-3.4
2.6
4.2
-.3
.8
.8
.8
.8
.8
1.0
1.1
1.2
1.3
1.6
2.1
-2.2
-3.3
-1.0
-1.5
.9
1.1
1.1
-1.0
.0
-3.1
-3.3
5.0
1.1
3.9
4.2
1.0
3.2
4.0
1.0
3.0
10
11
12
4.3
4.5
13
-5.2 -5.3
4.2
-.2
14
Product Accounts: Quarterly Totals Not Seasonally Adjusted, 1946-74
dollars]
1950
1951
1952
1955
1954
1953
Line
I
II
III
3.2
3.5
3.4
3.2
3.5
3.2
2.5
1.1
.1
1.0
IV
I
II
III
IV
I
II
III
IV
I
II
3.4
3.9
4.1
4.9
4.7
5.2
5.0
4.7
4.0
4.5
4.1
4.4
3.5
3.4
3.9
4.1
4.9
4.7
5.2
5.0
4.7
4.0
4.5
4.1
4.4
4.1
4.5
4.0
4.7
2.7
3.3
3.5
3.9
3.9
3.7
3.6
3.9
3.8
4.0
4.1
4.0
4.3
4.3
4.0
3.8
4.3
1.2
.1
1.1
.8
.1
.7
.9
.1
.8
.9
.1
.8
1.0
.1
.9
.8
.i
.7
.9
.1
.8
.5
I
.4
.8
1
.7
.7
1
.6
.5
I
4
6
1
5
7
1
5
6
Q
4
5
5
I
4
5
1
.4
III
IV
I
I
II
III
IV
5.0
4.8
4.9
4.9
5.5
4.2
5.0
4.8
4.9
4.9
5.5
4
4.0
3.9
4.1
4.5
4.6
4.6
5
.6
2
4
.6
.1
.5
.7
.1
.6
.6
.1
.5
.5
.1
.4
.6
.1
.5
6
7
8
III
II
IV
1
2
3
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
9
-.4
-.4
-.8
-.6
-.7
.0
.2
.8
.6
.1
-.6
-.2
-.6
-.6
-.7
-.1
-.3
.0
-.4
.4
-.1
-.2
-.3
2
10
1960
1961
I
II
6.4
7.0
6.7
6.4
7.0
6.7
6.4
7.0
6.7
5.7
6.0
6.0
.5
.1
.4
.6
.1
.5
.6
.1
.5
III
1962
I
II
7.4
7.0
7.2
6.9
7.4
7.0
7.2
6.9
7.4
7.0
7.2
5.4
5.3
5.7
.6
.1
.5
.6
.1
.5
.7
.1
.5
IV
I
II
7.8
7.2
8.0
7.3
7.8
7.2
8.0
7.3
6.9
7.8
7.2
8.0
6.1
6.0
5.9
6.4
.6
.i
.5
.6
.i
.5
7
1
.6
6
III
IV
III
x
.5
IV
1965
1964
1963
III
6.5
7
6
5
7.4
8.4
6.4
6
1
.5
7
1
.5
6.0
7
1
.5
6.6
7
1
6
1
10.8
2
3
10.1
8.7
10.5
9.6
10.8
4
7.4
6.8
8.2
8.5
8.5
5
7
2
.5
7
1
.5
.8
.2
.7
.7
2
.5
,7
,2
.5
6
7
8
7.5
7
2
.5
9.0
6.7
7
8.1
6.5
10.8
9.6
8.9
9.1
7.1
7
1
5
7.3
9.6
10.5
9.3
7.8
7.8
10.5
7.1
g
2
6
9.3
7.8
8.4
8.7
10.1
9.3
9.0
8.4
7.4
8.7
10.1
8.9
9.0
9.1
7.4
8.1
Line
IV
8.9
9.1
8.1
IV
III
I
II
II
II
IV
III
I
I
..
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
9
.1
.3
.0
1.3
1.0
.8
.1
1.1
.5
.9
.1
1.0
.7
1.0
-.1
1.6
1.7
1.4
.6
2.0
1.1
1.4
.3
1.5
10
1969
1970
1972
1971
1974I*
1973*
Line
I
II
11.5
14.5
11 5
14.5
IV
I
13.6
15.1
13.6
15.1
III
I
II
I
I
II
29.5
31.3
24.9
29.5
o
o
33.3
—2 0
II
III
IV
15.9
16.2
15.1
16.1
16.8
17.1
16.1
16.3
17.9
15.0
.9
16.2
.0
15.1
16.1
.0
16.1
7
17.1
16.1
16.3
o
o
o
17.2
7
15.1
16.1
16.8
17.1
16.1
16.3
15.6
17.8
18.9
19.4
19.9
21.1
23.8
24.1
25.2
28.2
35.5
1.0
.3
.7
1.0
.2
.7
1.0
.3
.7
.9
.3
.7
.9
.3
.6
.7
.2
.5
1.1
.2
.9
.9
.2
.6
1.1
.5
.6
.9
.2
.7
1.3
.3
1.0
o
III
IV
II
III
IV
I
II
III
IV
17.7
17.4
20.4
22.3
24.9
24.9
17.7
17.4
20.4
22.3
24.9
o
o
o
Q
o
III
IV
36.5
35.0
39.4
1
36.5
35.0
39.4
o
o
o
2
3
35.0
39.4
4
36.8
35.9
5
1.0
.3
.7
1.0
.3
6
7
8
11.5
14.5
13.6
15.1
15.9
16.2
10.9
14.0
14.2
13.9
13.6
14.9
15.3
14.7
14.5
16.7
17.2
.7
.2
.5
.9
.7
.7
.2
.4
.7
.2
.5
.8
.2
.5
.8
.3
.6
.8
.3
.5
.8
.3
.6
.8
.2
.6
.9
.3
.7
.9
.3
.6
.2
.2
.2
.2
.2
.2
.3
.3
.3
.4
.5
.6
.6
.6
.7
.8
.8
1.0
1.0
1.0
1.0
1.0
-.7
-1.4
.3
1.2
.3
-1.2
.3
1.1
-.9
-2.5
-.9
-1.5
-2.8
-3.7
-1.1
-.3
-1.0
-1.1
2.1
1.2
-1.4
-.2
17.9
17.7
17.4
20.4
22.3
24.9
24.9
29.5
31.3
36.5
1.1
1.2
9
-3.9
1.3
10
158
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
Table 4.3—Relation of Foreign Transactions in the National Income and Product Accounts
[Millions of
Line
1
2
3
4
5
Exports of goods and services, BPA's
Plus: Expenditures in U.S. by foreign residents working in U.S., excluding
employees of foreign governments.*
Other items
Statistical differences3
Equals: Exports of goods and services, NIPA's
6
7
8
Allocations of special drawing rights, BPA's
Plus: Other items
Equals: Capital grants received by U.S. (net), N I P A ' s
9
10
11
12
13
14
15
16
17
18
19
Unilateral transfers (excluding military grants of goods and services), net,
BPA's,
Plus: Otheritems
Statistical differences3
Equals: Transfer payments to foreigners (net), N I P A ' s -
20
21
Payments of income on U.S. Government liabilities, BPA's
Equals: Interest paid by government to foreigners, NIPA's
22
23
24
25
26
Balance on current account, BPA's (1-9-16). . . .
Plus: Capital grants received by U.S. (net), NIPA's (8)
Other items (3-12-17)
Statistical differences (4-13-18) - . .
Less: Expenditures abroad by U.S. residents working abroad, excluding
U.S. Government employees (10).
Equals: Net foreign investment, NIPA's (5+8-15-19-21)
27
1947
1948
1949
1950
1951
1952
1953
1954
14,792
19
19,819
18
16,861
21
15,834
25
13,893
21
18,864
68
18,122
82
17,078
67
17,889
112
o
o
1957
19,948 23,772 26,653
88
71
97
0
0
0
0
0
0
20,045 23,860 26,724
o
o
o
o
15,859
o
o
16.882
o
o
19,837
13,914
18,932
o
0
18,204
0
17,145
0
18,001
0
0
0
0
0
0
0
0
0
0
o0
o0
0
0
0
0
0o
o0
0
0
0
0
0
0
0
0
0
0
0
0
6,985
0
8,202
23
10,343
9,616
24
12,001
15,047
15,930
17,795
19,627
26
15,766
26
16,546
25
27
28
29
29
20,752
30
19
18
21
68
250
0
15
o
o
16
7,239
8,227
2,910
2,606
6
.
o
1956
14,811
o
Imports of goods and services, BPA's
.. _
Plus: Expenditures abroad by U.S. residents working abroad, excluding
U.S. Government employees.s
Expenditures in U.S. by foreign residents working in U.S., excluding
employees of foreign governments^
Other items
»
S tatistical differences 3
Less: Payments of income on U.S. Government liabilities, BPA's
Equals: Imports of goods and services, N I P A ' s
1955
1946
o
o
o0
24
21
25
o
82
71
67
112
97
88
00
86
16,554
00
59
16,011
00
94
17,827
0
154
19,590
0
0
201
20,652
17
10,371
9,640
31
12,016
47
15,094
0
0
64
15,810
4,506
5,612
4,001
3,492
2,492
2,444
2,244
2,453
2,360
2,268
0
0
0
5,612
0
0
4,001
0
0
3,492
0
0
2,492
0
0
2,444
0
0
2,244
0
0
2,453
0
0
2,360
0
0
2,268
47
47
325
0
0
0
26
64
86
86
64
-136 -1,912
0
0
0
0
0
0
27
26
59
59
-285
0
0
0
28
94
94
-300
0
0
0
29
154
154
1,785
0
0
0
29
201
201
3,633
0
0
0
30
299
-162 -1,939
-313
-329
1,756
3,603
oo
0
o
2,910
0
2,606
4,506
15
15
4,897
0
-250
16
16
9,011
0
17
17
2,012
' 0
o
o
25
o0
o0
o0
23
o
o
24
o
o
25
31
25
31
606 -2,109
0
' 0
0
o0
0
25
24
4,647
8,988
1,988
582 -2,134
acquired by the U.S. Government. Their transfer to abroad is not reflected in the national
income and product accounts.
3. Consists of statistical revisions in the estimates of the balance of payments accounts
that have not yet been incorporated in the national income and product accounts.
4. Consists of a U.S. Government payment to India under the Agricultural Trade Development and Assistance Act. In the national income and product accounts, this payment is
included in capital grants received by the United States (net); in the balance of payments
accounts, it is included in unilateral transfers (excluding military grants of goods and services),
net.
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT BUSINESS.
1. Beginning with 1960, included in line 1.
2. Consists of arms shipments to Israel that the administration determined would be
financed under the Emergency Security Act of 1973; this determination released Israel from
contractual liability to pay for these arms. In the national income and product accounts,
these arms shipments are classified as military grants. Goods and services transferred as
military grants are included in the defense purchases component of GNP when they are
5. Saving and Investment
Table 5.1.—Gross Saving and Investment: Annually, 1946-74, and
[Millions of
1
2
3
4
5
6
7
Gross saving
Gross private saving
Personal saving
_
Undistributed corporate profits with
inventory valuation and capital
consumption adjustments.
Undistributed profits
- .
. .
Inventory valuation adjustment
Capital consumption adjustment
1952
1947
1948
1949
1950
1951
34,634
41,171
49,017
34,820
49,651
55,482
29,220
13,448
1,965
26,772
4,936
4,621
40,569
10,595
9,665
38,183
6,740
9,517
41,648
10,838
6,933
49,416
14,796
7,017
9,912
-5,263
-2,684
13,884
-5,899
-3,364
15,734
-2,152
-3,917
11,500
1,856
-3,839
15,872
-4,965
-3,974
12,804
-1,199
-4,588
1946
Line
1953
1954
1955
1956
1957
49,288
48,063
49,385
65,592
73,571
72,615
53,070
16,017
7,488
54,996
16,977
6,390
56,531
15,557
7,853
62,449
14,900
12,247
68,379
19,662
9,846
71,692
20,563
9,128
10,964
981
-4,457
11,454
-997
-4,067
11,367
-318
-3,196
16,082
- 1 , 736
-2,099
15,545
-2,693
-3,006
14,003
-1,539
-3,336
8
Corporate capital consumption allowances with capital consumption ad-
7,375
9,209
10,929
11,811
12,801
14,868
15,965
17,264
18,180
19,537
21,943
24,189
9
Noncorporate capital consumption allowances with capital consumption
adjustment.
Wage accruals less disbursements
6,462
7,991
9,345
10,161
11,052
12,705
13,654
14,365
14,941
15,765
16,928
17,812
-30
15
35
-46
24
30
-54
0
0
0
0
0
Government surplus or deficit (—), national income and product accounts.
Federal
State and local
5,414
14,399
8,448
-3,363
8,003
6,066
-3,782
-6,933
-7,146
3,143
5,192
923
3,523
1,891
13,384
1,015
8,316
132
-2,638
-725
9,208
-1,205
6,508
-442
-3,735
-47
-7,076
143
-6,034
-1,112
4,417
- 1 , 274
6,067
-875
2,282
-1,359
Capital grants received by the United
States (net).
0
0
0
0
0
0
0
0
0
0
0
0
10
11
12
13
14
15
16
17
18
Gross investment _
Gross private domestic investment
Net foreign investment
Statistical discrepancy
35,298
42,940
47,843
35,859
51,681
59,479
51,947
51,410
52,402
68,048
72,778
72,791
30,651
4,647
33,952
8,988
45,855
1,988
35,277
582
53,815
-2,134
59,180
299
52,109
-162
53,349
-1,939
52,715
-313
68,377
-329
71,022
1,756
69,188
3,603
664
1,769
-1,174
1,039
2,030
3,997
2,659
3,347
3,017
2,456
-793
176
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY
OF CURRENT BUSINESS.
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
159
(NIPA's) to the Corresponding Items in the Balance of Payments Accounts (BPA's): Annually, 1946-74
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973*
1974*
23,217
69
0
0
23,286
23,652
73
27,595
28,882
30,606
32,708
37,393
39,548
42,774
45,561
49,933
54,699
62,483
65,614
72,664
102,154
144,773
1
2
0
0
23,725
0
0
27,595
0
0
28,882
0
30,607
0
1
32,709
0
0
37,393
0
0
39,548
0
0
45,561
0
0
49,933
0
0
54,699
0
-15
62,468
0
-19
65,595
0
-8
72,656
2-596
-39
101,519
2-292
-257
144,224
3
4
5
ooo
ooo
ooo
0
0
0
OOO
ooo
ooo
ooo
dollars]
0
0
0
867
0
867
717
0
717
710
0
710
0
0
0 * -2,010
0
-2,010
6
7
8
23,353
25,564
26,811
28,895
32,443
38,260
41,220
48,355
53,722
59,545
65,870
78,618
ooo
ooo
0
-1
42,773
0
0
0
20,861
31
23,342
32
23,555
69
73
0
0
139
20,822
0
0
281
23,166
0
0
332
23,223
0
1
278
23,076
0
4
339
25,229
0
4
401
26,414
0
3
453
28,445
0
3
489
31,957
0
2
549
37,713
0
2
598
40,624
0
0
702
47,653
0
1
777
52,946
0
1
1,024
58,522
0
7
1,844
64,033
0
15
2,684
75,949
0
-262
3,836
94,151
2,221
2,285
2,308
2,524
2,638
2,754
2,781
2,854
2,932
3,125
2,951
2,994
3,294
3,701
3,848
3,883
0
0
2,221
0
0
2,285
0
-8
2.300
0
-10
2,514
0
-10
2,628
0
-12
2,742
0
-12
2,769
0
-13
2,841
0
-15
2,917
0
-18
3,107
0
-18
2,933
0
-18
2,976
0
-46
3,248
0
-59
3,642
0
-69
3,779
0
-42
3,841
139
139
135
0
0
0
31
281
281
-1,975
0
0
0
32
332
332
278
278
339
339
, 401
401
453
453
0
7
3,143
0
0
9
5,718
0
0
9
702
702
-1,374
0
0
18
-2,017
0
0
17
1,024
1,024
-356
867
0
30
1,844
1,844
-3,957
717
0
33
3,836
3,836
2.404
598
598
1,215
0
0
16
2,684
2,684
3,005
0
0
9
549
549
1,582
0
0
12
777
777
1,732
0
0
8
489
489
4,251
0
0
10
-9,802
710
0
46
104
-2,007
1,740
3,014
2,411
3.152
5,726
4,261
1,594
1,232
-1,355
-2,000
541
-3,207
-9,046
98,249
141,187
Line
9
10
11
0
-447
4,262
136,478
12
13
14
15
7,184
16
-2,947
-2
4,235
17
18
19
20
21
22
0
-596
265
4,262
4,262
-3,598
-2,010
2,655
192
-309
-2,761
7
22
23
24
25
26
27
gency Security Act of 1973 referred to in footnote 2. In the balance of payments accounts, the
differences between the financing through U.S. Government unilateral transfers provided to
Israel and the shipments of arms in any year are recorded as capital flows. In 1973, shipments
of $596 million resulted in corresponding Israeli liabilities to the United States (U.S. capital
outflows); in 1974, U.S. Government unilateral transfers of $937 million to Israel were used to
reduce the $596 million Israeli liability to the United States and to pay for the 1974 shipments
of $292 million; the remaining $49 million was recorded as an increase in U.S. liabilities to Israel
(U.S. capital inflows).
5. Beginning with I960, included in line 9.
6. Consists of shipments to the United States from Alaska and Hawaii. These are added
to imports to adjust the geographic coverage of imports to the 48-state coverage used in the
national income and product accounts prior to 1960. From 1947 through 1959 such shipments
are negligible. Beginning with 1960, the adjustment is not required because Alaska and Hawaii
gained statehood in late 1959.
7. Consists of $2,010 million paid to India under the Agricultural Trade Development and
Assistance Act and $937 million financing provided to Israel in accordance with the Emer-
Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-74
dollars]
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973*
1974*
Line
60,355
75,765
78,867
75,752
83,594
89,619
100,093
115,385
122,888
120,325
130,803
147,469
143,431
155,435
177,548
219,794
210,081
1
72,980
21,687
7,214
77,346
18,810
12,427
75,772
17,066
10,994
80,006
20,171
10,773
87,378
20,395
16,480
88,902
18,794
17,871
102,364
26,132
21,679
114,859
30,276
27,100
124,175
33,000
29,441
134,562
40,869
26,678
136,296
38,071
24,442
136,801
35,109
19,202
151,931
50,574
10,530
172,994
57,336
16,506
180,354
49,370
25,949
213,809
72,673
24,116
215,653
74,033
7,587
2
3
4
10,836
-255
-3,367
15,796
-453
-2,916
12,954
327
-2,287
12,458
90
-1,775
15,189
138
1,153
15,971
-153
2,053
19,399
-543
2,823
25,213
-1,865
3,752
27,647
-2,098
3,892
24,747
-1,744
3,675
24,217
-3,447
3,672
21,179
-5,526
3,549
14,124
-5,067
1,473
21,282
-5,029
253
30,024
-6,597
2,522
40,949
-18,441
1,608
48,427
-38,533
-2,307
5
6
7
25,420
26,535
27,538
28,390
29,290
30,388
31,743
33,659
36,714
40,445
44,416
49,446
55,140
60,634
65,362
71,852
82,051
8
18,659
19,574
20,174
20,672
21,213
21,849
22,810
23,824
25,020
26,570
29,367
33,044
35,687
38,145
40,002
45,212
51,982
9
0
0
0
0
0
0
0
0
0
0
0
0
0
373
-329
-44
0
10
-12,625
-1,581
3,095
-4,254
-3,784
717
-2,271
526
-1,287
-14,237
-5,493
10,668
-9,367
-18,276
-3,516
5,985
-3,562
11
-10,271
-2,354
-1,138
-443
3,035
60
-3,886
-368
-4,247
463
256
461
-3,269
998
530
-4
-1,789
502
-13,180
-1,057
-5,824
331
8,541
2,127
-12,136
2,769
-21,959
3,683
-17,263
13,747
-6,913
12,898
-11,679
8,117
12
13
0
0
0
0
0
0
0
0
0
0
0
0
867
717
710
0
-2,010
14
62,020
75,545
78,184
77,349
87,599
93,356
102,330
116,276
126,071
122,061
130,171
144,200
141,355
156,762
179,229
220,163
209,457
15
61,916
104
77,552
-2,007
76,444
1,740
74,335
3,014
85,188
2,411
90,204
3,152
96,604
5,726
112,015
4,261
124,477
1,594
120,829
1,232
131,526
-1,355
146,200
-2,000
140,814
541
159,969
-3,207
188,275
-9,046
220,472
-309
212,218
-2,761
16
17
1,665
-220
-683
1,597
4,005
3,737
2,237
891
3,183
1,735
-631
-3,269
-2,076
1,326
1,681
369
-624
18
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
160
Table 5.1.—Gross Saving and Investment: Annually, 1946-74, and
[Billions of
1946
1947
1948
1949
Line
•
5
6
7
8
9
10
11
12
13
14
15
III
IV
I
II
III
IV
I
II
III
IV
I
II
37.8
39.4
41.8
39.3
39.3
44.2
48.3
50.8
49.0
48.2
41.4
33.5
34.6
30.2
30.3
15.0
2.8
26.9
11.6
1.3
27.7
10.8
1.9
25.8
8.1
1.9
24.3
2.2
5.5
28.6
5.7
5.2
28.2
3.9
5.6
34.2
6.3
8.5
40.0
10.0
10.0
43.2
13.7
9.1
44.8
12.7
10.8
40.9
8.7
10.6
37.4
63
9,7
39.4
66
10.7
35.4
55
7.2
5.3
-1.2
-2.4
8.1
-2.8
-2.5
12.1
-8.1
-2.8
13.9
-8.9
-3.1
14.7
-9.7
-3.1
13.2
-4.7
-3.0
12.8
-4.0
-3.5
14.6
-5.2
-3.7
15.1
-2.9
-3.8
16.7
-2.9
-3.9
15.9
-2.8
-4.0
14.9
-.1
-4.0
13.0
1.4
-3.8
10 7
2.8
-3.8
11 5
3.0
-3.8
1ft Q
.2
-3.9
Corporate capital consumption allowances with capital consumption
adjustment.
Noncorporate capital consumption allowances with capital consumption
adjustment.
Wage accruals less disbursements
6.9
7.1
7.5
8.0
8.4
8.9
9.5
10.0
10.4
10.7
11.1
11.5
11.6
11.9
12.2
6.1
6.2
6.5
7.0
7.3
7.7
8.2
8.7
8.9
9.2
9.5
9.9
10.0
10.2
10.5
.7
-.8
.0
.0
.0
.0
.0
.0
.1
.1
-.2
.1
.1
-.3
.0
.0
Government surplus or deficit (—), national income and product accounts.
Federal
State and local
.
-5.6
4.8
10.9
11.7
16.1
14.9
10.7
16.0
14.1
10.7
5.8
3.4
.5
-3.9
-4.9
-5.2
-7.7
2.2
2.7
2.1
9.0
1.8
10.2
1.6
14.8
1.3
13.6
1.3
10.0
.8
15.2
.8
13.6
.4
10.5
.2
5.8
.0
3.3
.1
.6
-.1
—3.1
-.8
—4.1
—.8
—4 1
—1.1
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
Undistributed corporate profits with
inventory valuation and capital
consumption adjustments.
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Capital grants received by the United
States (net).
Gross investment
38.8
38.2
41.9
41.2
41.5
47.1
47.8
48.7
48.4
46.5
41.1
34.1
36.1
32.1
34.0
4.3
32.7
9.1
31.6
9.6
31.8
9.8
39.7
7.4
43.3
4.5
46.1
2.6
47.9
.5
46.1
.4
32.7
1.4
35.7
.4
33.4
-1.3
to
-1.1
.0
ts
2.3
2.9
-.5
-2.1
-.6
-1.7
39.3
1.8
-.2
.5
1.6
1.9
18
Statistical discrepancy
2.0
1.0
1957
1956
5
6
7
8
9
10
11
12
13
14
15
1958
I
1959
I
II
III
IV
I
II
71.3
72.5
74.1
75.9
74.5
74.0
74.3
67.2
58.7
54.8
59.5
65.7
17.6
10.7
67.5
19.4
9.9
69.6
20.2
10.0
70.4
21.4
8.6
70.6
20.0
9.6
72.6
21.5
9.4
72.8
21.3
9.2
70.6
19.9
7.7
68.7
20.5
4.8
69.1
19.9
5.5
74.5
22.6
7.6
15.8
-2.9
-2.2
16.2
-3.6
-2.7
14.5
-1.2
-3.4
15.5
-3.0
-3.8
15.7
-2.4
-3.6
14.3
-1.5
-3.4
13.7
-1.3
-3.3
11.7
-.9
-3.1
8.2
-.2
-3.2
8.6
.3
-3.5
Corporate capital consumption allowances with capital consumption
adjustment.
Noncorporate capital consumption allowances with capital consumption
adjustment.
Wage accruals less disbursements
20.9
21.5
22.3
23.0
23.5
23.9
24.5
24.9
25.0
16.5
16.8
17.1
17.4
17.5
17.7
17.9
18.2
18.3
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
Government surplus or deficit ( - ) , national income and product accounts.
Federal
__
.
State and local
5.6
4.9
4.5
5.5
3.9
1.5
1.4
-3.4
-10.0
-14.3
-15.0
6.6
-1.0
5.8
-.9
5.2
-.7
6.3
-.9
4.6
-.7
2.8
-1.3
2.8
-1.4
-1.3
-2.0
-7.5
-2.5
-11.9
-2.4
-12.1
-2.9
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
70.9
71.7
73.4
75.1
74.2
73.4
75.6
68.0
58.4
71.3
2.1
71.6
3.5
69.8
4.4
69.8
3.7
71.8
3.8
65.4
2.6
57.8
.6
-.8
-.8
-.3
-.6
1.3
.7
-.3
Gross saving
.
Capital grants received by the United
States (net).
Gross investment
16
17
Gross private domestic investment
Net foreign investment -
70.8
.1
70.4
1.4
18
Statistical discrenancv
-.3
-.8
.0
32.6
6.2
24.5
3.5
Gross private saving
^Personal saving. 7
Undistributed corporate profits with
inventory valuation and capital
consumption adjustments.
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
9.8
36.1
Gross private domestic investment
Net foreign investment
Line
11.5
28.1
16
17
2
3
4
IV
35.1
-
31.5
4.6
1
III
26.1
- -
Gross orivate saving
4
II
31.7
16.3
1.7
Gross saving
1
2
I
IV
III
I
II
67.7
72.9
81.4
73.0
75.8
79.4
23.8
10.7
77.5
19.9
12.2
81.4
21.1
14.4
74.1
16.2
11.5
76.5
18.0
11.6
11.3
-.2
-3.4
15.0
-.9
-3.4
16.4
-.9
-3.2
18.4
-1.2
-2.8
14.7
-.2
-3.0
13.8
.5
-2.7
25.2
25.5
25.9
26.1
26.3
26.7
27.0
18.5
18.8
19.0
19.3
19.5
19.7
19.9
.0
.0
.0
.0
.0
-11.7
-4.6
.0
-1.1
-.6
-10.0
-1.7
-2.9
-1.7
1.6
-1.6
-1.8
.7
-1.5
.9
.0
.0
.0
.0
.0
.0
56.6
63.0
69.7
72.1
80.4
72.3
77.5
56.5
.1
62.5
.4
70.4
74.2
-2.1
83.2
-2.8
73.6
-1.4
79.2
-1.8
1.8
3.5
2.0
-.8
-1.0
-.7
1.6
III
II
IV
III
IV
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
161
Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-74—Continued
dollars]
1953
1952
1951
1950
1954
1955
Line
II
I
II
III
IV
I
38.4
47.0
51.2
61.9
56.0
59.4
54.8
52.0
53.3
46.3
47.1
50.7
49.5
44.5
15.4
6.1
41.0
10.8
6.9
35.4
4.3
7.0
45.5
12.5
7.7
37.7
8.0
3.4
51.6
17.6
7.1
54.5
16.9
9.4
54.0
16.3
8.7
53.4
15.6
8.7
50.7
14.4
7.0
54.2
18.3
6.5
54.1
15.4
8.3
54.5
15.3
8.4
10.5
-.7
-3.7
14.1
-3.3
-3.9
18.3
-7.3
-4.0
20.6
-8.5
-4.4
16.6
-8.7
-4.5
12.6
-1.0
-4.5
10.7
3.5
-4.7
11.9
1.5
-4.7
11.9
1.3
-4.6
10.2
1.2
-4.4
10.2
.7
-4.4
12.0
.8
-4.4
13.3
-.4
-4.4
12.3
12.5
12.9
13.5
14.1
14.6
15.2
15.6
15.6
15.8
16.0
16.4
10.6
10.8
11.2
11.6
12.1
12.5
13.0
13.3
13.4
13.5
13.7
14.0
.0
.0
.0
.1
.2
-.2
.1
.1
.1
.1
-.4
.0
.0
.0
-.1
-4.4
-7.1
-3.3
-5.0
-5.2
.2
-.3
-3.7
-.6
-7.5
.4
-3.7
.4
-4.5
-.4
-6.2
1.0
- 5 . 8 -11.8 -10.6
.2
-.1
-.6
I
III
II
IV
-6.0
6.1
15.8
16.4
18.3
7.8
.3
-2.0
-4.7
-1.4
7.8
-1.7
16.6
-.8
17.3
-.9
18.3
.0
8.4
-.6
1.0
-.8
-1.7
-.3
I
III
IV
III
IV
50.5
49.8
42.5
45.1
55.7
17.6
6.8
55.4
17.3
6.2
54.4
18.0
4.0
56.3
17.5
6.2
12.6
-1.6
-4.2
12.2
-2.0
-4.0
7.7
.0
-3.7
9.8
.0
-3.6
16.7
17.1
17.5
17.8
14.1
14.3
14.5
.0
I
II
II
III
IV
I
47.3
49.3
55.9
55.0
14.5
7.7
55.9
14.7
8.0
59.2
15.5
9.8
11.0
.0
-3.3
11.8
-.7
-3.1
13.2
-.5
-2.8
15.8
-1.1
-2.3
17.8
18.0
18.3
18.6
18.7
19.0
20.1
20.3
8
14.6
14.7
14.8
15.0
15.2
15.3
15.5
16.0
16.2
9
.0
.0
.0
.0
.0
.0
.0
.0
.0
10
- 5 . 6 -11.9 -11.2
-7.7
-6.6
-3.2
.2
3.4
3.8
5.6
11
-6.7
-1.0
-5.1
-1.4
-1.9
-1.3
1.8
-1.6
4.9
-1.6
4.8
-.9
6.5
-.9
12
13
.0
II
III
IV
59.8
65.2
67.7
70.3
1
59.6
13.1
12.4
61.8
14.1
13.2
63.9
15.8
11.9
64.7
16.1
12.2
2
3
4
16.1 16.1 17.0
- . 9 -2.2 -2.8
-2.0 -2.0 -2.1
5
6
7
.0
14
42.4
49.0
52.5
62.8
58.6
63.7
60.3
55.4
56.9
47.9
49.2
53.8
52.8
53.7
52.4
46.8
48.6
50.3
52.6
58.2
63.4
67.0
70.1
71.7
15
43.6
-1.2
50.5
-1.5
55.4
-3.0
65.6
-2.9
60.7
-2.2
63.9
-.2
58.7
1.6
53.4
2.0
54.1
2.8
47.5
.4
51.1
-1.8
55.7
-2.0
54.8
-2.1
56.1
-2.5
54.2
-1.8
48.2
-1.5
49.5
-1.0
50.4
53.1
-.6
57.8
.4
63.5
-.1
67.9
-.9
70.1
.1
72.0
-.3
16
17
4.0
2.0
1.3
.9
2.6
4.3
5.5
3.4
3.6
1.6
2.1
3.0
3.3
3.2
2.6
4.3
3.5
3.0
3.2
2.3
3.6
1.9
2.4
1.4
18
1962
1961
1960
III
IV
73.5
78.1
81.1
78.6
19.0
10.9
82.0
21.7
10.9
84.0
21.8
12.4
10.5
.3
-1.9
11.7
.8
-1.6
13.0
—.3
-1.8
14.6
—.4
-1.8
IV
I
II
III
86.7
79.4
77.4
78.8
18.8
12.8
75.1
16.5
11.1
76.0
17.3
10.7
13.3
15.6
.1
— 4
-2.4 -2.3
12.0
.9
-2.2
I
II
72.0
70.3
73.2
15.6
9.3
75.4
18.2
8.9
11.0
.6
-2.3
I
1963
II
III
82.7
84.1
84.3
88.2
22.1
16.1
87.7
21.6
15.9
87.0
20.4
15.9
15.1
.1
.9
14.6
.3
1.1
15.2
—.6
1.2
I
II
83.3
85.2
86.7
17.5
18.0
86.9
18.4
17.1
15.9
.8
1.3
IV
1964
1965
Line
II
III
IV
I
95.3
96.9
101.7
106.5
114.1
116.1 116.2 115.1
1
97.4
22.0
21.9
103.0
27.0
22.0
102.8
25.7
22.3
106.3
29.9
20.6
108.6
26.1
26.3
111.8 120.1 119.0
28.3 34.6 32.1
26.7 27.6 27.9
2
3
4
16.9
—.8
2.4
19.7
—.6
2.8
19.2
.0
2.8
19.8
—.5
3.0
19.0
—1.2
2.8
24.1
25.0 25.0 26.7
—1 3 —2.2 —1.5 —2.5
4.1
3.4
3.6
3.9
5
6
7
III
IV
90.4
90.2
92.7
87.9
18.5
17.5
88.4
17.6
18.3
92.4
20.7
18.5
14.6
1.0
1.5
15.9
—.5
2.2
16.5
-.3
2.1
I
II
III
IV
27.2
27.4
27.7
27.9
28.0
28.2
28.5
28.8
28.9
29.1
29.4
29.7
29.9
30.2
30.5
31.0
31.1
31.4
31.9
32.5
32.8
33.2
33.9
34.8
8
20.0
20.1
20.2
20.4
20.4
20.6
20.8
20.9
21.0
21.1
21.3
21.5
21.6
21.7
21.9
22.2
22.4
22.6
22.9
23.3
23.5
23.6
23.9
24.3
9
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
10
7.9
4.3
1.4
-1.3
-5.1
-5.2
-3.9
-2.9
-5.5
-3.6
-2.7
-3.4
-1.7
2.5
1.8
.3
-2.1
-6.1
-1.1
.2
5.5
4.3 - 3 . 8 - 3 . 9
11
7.7
.2
4.2
.2
1.4
.0
-1.1
—.1
-4.3
—.8
-5.1
—.1
-3.9
.1
-2.2
—.7
-5.6
.1
-4.1
.5
-3.2
.6
-4.1
.7
-1.9
.2
1.9
.5
1.2
.6
-.2
.5
-3.0
.9
-6.7
.6
-2.4
1.3
-1.0
1.2
4.6
.9
3.9 - 3 . 0 - 3 . 4
.4 - . 8 - . 6
12
13
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
o
.0
o
.0
87.1
78.7
75.8
71.1
70.8
75.5
80.3
82.8
86.3
89.4
89.2
85.4
88.1
92.4
95.1
97.8
100.5
101.4
103.2
104.2
86.8
.3
77.7
1.0
73.5
2.2
67.7
3.4
66.8
4.0
72.7
2.8
77.7
2.6
80.1
2.6
84.6
1.7
86.2
3.3
86.4
2.8
83.6
1.9
86.0
2.1
88.9
3.5
92.3
2.8
93.6
4.2
94.0
6.5
96.4
5.0
97.4
5.8
98.6
5.6
.4
-.7
-1.6
-.8
.5
2.0
2.2
1.6
3.6
5.3
4.9
2.1
2.9
2.0
4.9
5.1
5.3
4.5
1.5
-2.3
-1.2
.0
14
112.9
115.3 119.0 117.9
15
109.2
3.8
110.1 114.3 114.5
5.2
3.4
4.8
16
17
.0
-.8
.0
2.8
2.8
18
162
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
Table 5.1.—Gross Saving and Investment: Annually, 1946-74, and
[Billions of
1966
Line
I
1
Gross saving.
._
....
II
1967
III
IV
I
II
1968
IV
III
I
III
II
IV
120.4
124.6
121.9
124 7
117.9
114.8
120.6
128.0
124.8
130.6
132 0
135 9
Gross private saving
Personal saving. _ .
....
Undistributed corporate profits with
inventory valuation and capital
consumption adjustments.
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
119.2
30.4
29.0
122.4
31.9
29.7
124.0
33.0
28.7
131.1
36.7
30.4
132.2
40.4
27.0
130.5
38.7
25.9
134.9
41.1
26.0
140.7
43.3
27.8
134.7
40.9
22.9
142.2
43.8
26.0
133.3
33.4
25.2
135.1
34.1
23.6
27.5
-2.5
4.0
28.0
-2.4
4.1
27.8
-2.9
3.8
27.3
-.6
3.7
23.8
-.5
3.7
23.4
-1.2
3.8
24.3
-2.0
3.8
27.6
-3.2
3.4
24.2
-5.1
3.8
24.9
-2.9
4.1
23.7
-2.0
3.6
24.1
-3.7
3.2
8
Corporate capital consumption allowances with capital consumption ad-
35.4
36.1
37.1
38.3
38.9
39.7
40.9
42.2
42.8
43.6
44.9
46.4
9
Noncorporate capital consumption allowances with capital consumption
adjustment.
Wage accruals less disbursements
24.5
24.8
25.2
25.7
25.8
26.1
26.8
27.6
28.1
28.7
29.8
30.9
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
0.
.0
Government surplus or deficit (—), national income and product accounts.
Federal
State and local
1.2
2.2
-2.1
-6.4
-14.3
-15.7
-14.3
-12.7
-9.9
-11.6
-1.4
.9
.6
.5
-3.2
1.1
-5.9
- 5
-12.8
—1.4
-13.2
—2.5
-13.6
—.6
-13.0
.3
-9.7
—.2
-12.0
.4
-2.3
.9
.7
.2
Capital grants received by the United
States (net).
.0
1.3
.9
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
.0
2
3
4
5
6
7
10
11
12
13
14
15
Gross investment. ._
124.1
128.6
124.4
127.1
120.3
116.7
123.1
128.1
123.5
131.6
131.6
133.9
16
17
18
Gross private domestic investment
Net foreign investment. _
121.8
2.3
126.7
1.9
125.7
1.4
118.6
1.8
115.5
1.2
121.7
1.3
127.5
.6
125.1
-1.6
131.9
-.3
4.0
2.4
2.4
2.0
2.5
.1
-1.2
1.1
132.3
—.7
-.4
136.8
-2.9
3.7
123.7
.7
2.6
Statistical discrepancy
-2.0
Table 5.2.—Gross Private Domestic Investment, Capital Consumption Allowances with Capital
[Millions of
Line
1946
1947
1948
Gross private domestic investment..
30,651
33,952
45,855
Less: Capital consumption allowances with capital consumption adjustment.
13,837
17,200
20,274
16,814
16,752
25,581
24,272
34,414
17,200
17,214
Equals: Net private domestic investment
Fixed investment
Less: Capital consumption allowances with capital consumption adjustment.
Equals: Net fixed investment
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
Nonresidential
Less: Capital consumption allowances with capital consumption adjustment.
Equals: Net nonresidential
Structures
Less: Capital consumption allowances with capital consumption
adjustment.
Equals: Net structures
Producers'durable equipment
Less: Capital consumption allowances with capital consumption
adjustment.
Equals: Net producers' durable equipment
Residential
Less: Capital consumption allowances with capital consumption adjustment.
Equals: Net residential
Nonfarm structures...
Less: Capital consumption allowances with capital consumption adjustment.
Equals: Net nonfarm structures
Farm structures..
Less: Capital consumption allowances with capital consumption
adjustment.
Equals: Net farm structures.
Producers' durable equipment
Less: Capital consumption allowances with capital consumption
adjustment.
Equals: Net producers' durable equipment
Change in business inventories
13,837
20,274
22,889
12,448
8,660
13,166
8,034
4,912
21,531
16,279
5,132
20,812
17,284
7,967
8,551
6,040
31,140
20,827
10,313
11,266
7,050
2,511
15,732
10,276
3,124
17,799
11,603
4,216
19,874
9,604
13,766
4,773
8,413
12,933
5,062
13,853
18,729
5,397
7,871
837
423
414
299
171
-462
10,164
12,770
7,858
21,311
27,137
17,817
9,320
9,338
6,214
19,889
6,036
6,379
33,978
25,318
23,173
24,283
16,316
14,069
5,656
176
34,301
24,137
47,026
23,853
14,969
5,365
177
54,258
33,121
21,137
38,352
21,972
16,380
48,884
27,573
11,525
4,752
6,773
10,527
4,230
79
48,976
31,607
7,504
3,846
299
301
124
19,594
52,902
31,629
21,273
29,962
6,196
198
177
21,720
13,305
5,456
873
438
435
330
154
22,490
27,573
8,343
6,297
697
33,121
59,180
23,853
8,102
3,381
519
321
52,715
31,629
53,815
21,972
4,258
3,658
6,808
3,427
53,349
29,619
35,277
2,339
15,316
7,214
10,441
7,573
5,234
52,109
1952
26,178
14,909
11,269
8,898
5,972
2,926
17,280
8,937
16,768
9.991
6,777
6,823
4,304
2,519
9,945
5,687
1954
1951
20,873
10,435
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT BUSINESS.
41,147
1958
1950
4,708 -3,075
19,357
31,202
22,426
8,776
11,508
7,477
4,031
19,694
14,949
1956
1957
68,377
71,022
69,188
35,302
38,871
42,001
33,075
32,151
27,187
62,424
66,327
38,871
27,456
67,853
42,001
25,852
43,720
30,052
46,674
32,804
13,668
17,377
9,431
13,870
18,113
10,236
7,946
26,343
20,621
7,877
28,561
22,568
35,302
27,122
38,317
26,931
11,386
14,429
8,473
5,956
23,888
18,458
4,745
5,252
3,528
5,430
5,722
5,993
17,744
6,746
10,998
16,557
5,989
17,774
18,601
7,492
20,280
24,107
8,371
21,179
10,581
16,639
6,428
11,109
12,477
19,178
6,949
15,736
23,041
7,443
22,607
8,819
13,788
21,449
7,929
13,332
785
447
10,568
816
524
10,211
767
505
10,755
765
511
12,229
711
546
15,598
634
602
13,520
700
551
11,801
681
593
375
292
371
233
254
386
32
432
149
458
455
260
165
391
308
138
108
106
119
10,296
3,133
5,953
4,695
192
128
13,777
29,619
1955
183
6,789
6,097
m50
286
100
447
-1,543
9,197
11,982
20,043
8,242
362
93
1,335
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
163
Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-74—Continued
dollars]
1972
1971
1970
1969
1974 *
1973*
Line
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
143.3
147.3
152.4
147.0
143.3
144.3
146.0
140.2
151.7
154.5
154.9
160.7
169.3
172.8
178.8
189.3
204.0
214.5
222.8
237.9
224.3
209.1 199.9 207.1
1
131.3
29.9
22.4
134.2
32.0
21.2
142.9
39.5
19.8
138.8
39.1
13.4
139.3
40.3
11.3
152.3
51.5
11.3
157.3
54.4
11.1
158.9
56.1
8.4
167.8
58.2
13.5
174.3
60.2
16.4
173.3
56.7
16.7
176.5
54.2
19.4
175.3
51.0
23.7
175.7
43.7
25.7
178.7
47.3
26.3
191.7
55.4
28.1
199.0
60.4
27.7
208.7
70.0
23.5
215.1
73.8
23.0
232.4
86.5
22.3
228.3
81.2
20.2
208.8 198.8 226.7
66.8 64.6 83.6
10.8 -1.8
1.1
2
3
4
23.9
-5.2
3.8
22.5
-5.3
4.1
20.0
-3.8
3.6
18.4
-7.7
2.7
15.2
-5.9
2.0
14.1
-4.6
1.9
14.8
-5.1
1.4
12.4
-4.6
.6
17.2
-4.3
.6
20.1
-4.3
.7
22.4
-5.9
.3
25.4
-5.6
-.5
26.9
-5.1
1.9
28.1
-5.2
2.7
30.2
-6.5
2.7
34.9 41.0 41.9 39.9
41.0 48.9
46.2 55.7 43.0
-9.6 -15.8 -20.6 -17.9 -19.5 -28.0 -33.7 -54.7 -37.7
2.7
2.2
2.5
1.0
.7
- . 7 -1.7 -2.7 -4.2
47.3
48.4
50.1
51.9
52.9
54.2
55.9
57.6
58.6
59.8
61.3
62.8
62.9
65.8
65.4
67.3
68.6
70.7
72.5
75.6
77.5
80.1
83.4
87.2
8
31.7
32.5
33.5
34.4
34.8
35.3
36.0
36.7
37.5
37.7
38.3
39.1
38.5
40.8
39.9
40.8
42.4
44.6
45.8
48.1
49.4
51.1
52.6
54.9
9
.0
.0
.0
.2
.3
1.0
-.9
-.2
-.2
.0
.0
—.1
.0
.0
.0
.0
.0
-8.9 -12.2 -19.6 -16.9 -20.5 -19.2 -16.5
-6.8
-3.6
-.6
-3.1
5.0
5.8
7.7
5.5
4.0
.3
-1.1 -12.8 -14.6 -20.1 -18.5 -23.8 -23.4 -22.2 -13.4 -20.0 -10.8 -24.9 -10.9
4.2
3.2
5.6
.5
1.6
15.9
3.9
2.4
6.6
16.3
10.3 21.8
4.3
-7.4
13.2
-4.8
12.4
-4.6
10.1
.0
.0
.0
.0
.0
.0
.0
12.0
13.0
9.5
8.2
3.2
11.2
.7
.0
12.0
1.0
6.7
2.8
.0
4.2
4.0
.0
.0
.0
.9
.9
.9
.9
.7
.7
.7
.7
.7
.7
.7
.7
.0
-5.3
9.4
.0 -8.0
II
IV
III
5
6
7
.0
10
1.0 -19.6
11
-7.9 -8.0 -25.5
8.2
9.1
5.9
12
13
.0
.0
.0
14
141.8
143.9
149.5
141.7
139.4
141.5
144.5
140.0
152.7
157.8
157.6
158.9
166.3
175.1
182.9
192.7
207.2
213.7
223.8
236.1
218.1
207.5 202.2 210.0
15
144.0
-2.2
147.2
-3.3
150.5
-1.0
143.2
-1.5
138.6
.9
140.3
1.1
143.3
1.1
141.0
-1.0
152.7
.0
160.8
-3.1
161.0
-3.3
615.4 176.7
-56. -10.4
184.9
-9.8
191.0
-8.1
200.5
-7.9
211.7
-4.5
217.1
-3.4
221.2
2.6
231.9
4.2
218.4
-.3
212.7 207.6 210.3
-5.2 -5.3 - . 2
16
17
-1.5
-3.4
-2.9
-5.3
-3.9
-2.8
-1.5
-.1
1.1
3.3
2.8
-2.9
2.3
4.0
3.4
3.2
-.9
1.0
-1.8
-6.2
-1.6
18
-1.8
2.4
2.9
Consumption Adjustment, and Net Private Domestic Investment by Major Type of Investment: Annually, 1946-74
dollars]
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973*
1974*
Line
61,916
77,552
76,444
74,335
85,188
90,204
96,604
112,015
124,477
120,829
131,526
146,200
140,814
159,969
188,275
220,472
212,218
1
44,079
46,109
47,712
49,062
50,503
52,237
54,553
57,483
61,734
67,015
73,783
82,490
90,827
98,779
105,364
117,064
134,033
2
17,837
31,443
28,732
25,273
34,685
37,967
42,051
54,532
62,743
53,814
57,743
63,710
49,987
61,190
82,911
103,408
78,185
3
63,407
44,079
19,328
72,325
46,109
26,216
72,685
47,712
72,143
49,062
23,081
78,683
50,503
90,806
54,553
110,157
61,734
48,423
110,730
67,015
43,715
137,039
90,827
46,212
153,615
98,779
54,836
202,952
117,064
85,888
202,471
134,033
4
5
50,038
136,828
82,490
54,338
178,833
105,364
36,253
102,496
57,483
45,013
123,821
73,783
28,180
84,241
52,237
32,004
68,438
6
41,619
34,273
7,346
16,743
10,515
45,297
35,597
47,096
37,669
53,596
40,021
13,575
19,578
12,470
59,655
41,745
17,910
21,462
12,921
71,252
44,194
27,058
26,109
13,663
81,417
47,996
33,421
29,237
14,798
98,949
63,962
34,987
35,663
19,750
100,461
71,187
29,274
37,661
22,138
104,060
77,947
26,113
39,338
24,357
33,260
42,543
26,514
136,477
91,455
45,022
48,964
29,731
147,916
104,227
43,689
54,406
33,112
7
8
29,397
29,494
16,072
89,272
57,589
31,683
31,592
17,432
116,827
83,567
9,427
18,356
11,633
51,248
38,719
12,529
19,424
12,008
82,083
52,686
9,700
17,047
10,918
47,703
36, 697
11,006
18,171
11,272
9
10
11
6,228
24,876
23,758
6,129
28,250
24,679
6,899
29,532
25,425
6,723
28,740
26,036
7,416
31,824
26,711
7,108
34,018
27,551
8,541
38,193
28,824
12,446
45,143
30,531
14,439
52,180
33,198
13,422
52,589
36,614
14,160
57,680
40,157
15,913
63,286
44,212
15,523
62,800
49,049
14,981
64,722
53,590
16,029
74,284
57,053
19,233
87,513
61,724
21,294
93,510
71,115
12
13
14
24,973
73,469
1,118
3,571
4,107
2,704
5,113
6,467
9,369
14,612
18,982
15,975
17,523
19,074
13,751
11,132
17,231
25,789
22,395
15
21,788
9,806
27,028
10,512
24,982
11,015
31,151
12,808
31,244
13,289
28,740
13,738
28,647
14,329
17,955
29,949
11, 977
15,002
27,375
12,394
14,318
27,239
12,885
28,723
47,896
18,986
62,006
21,797
40,209
60,281
19,802
16
17
18,343
29,851
11,561
36,578
19,640
16,938
35,131
17,937
54,555
29,806
18,429
29,398
11,032
37,879
18,528
19,351
36,274
16,868
66,475
25,609
13,967
23,869
9,938
34,549
16,194
18,355
33,089
14,661
49,555
20,832
16,516
25,784
9,501
27,435
11,784
15,651
26,250
10,645
30,645
12,216
11,982
20,662
8,847
25,047
11,393
13,654
23,823
10,289
40,866
64,659
23,321
24,749
52,219
27,128
18
19
20
11,815
650
582
16,283
674
612
13,931
584
662
13,534
703
680
15,605
645
704
18,366
655
738
18,290
672
783
17,972
608
828
14,981
673
838
14,354
697
904
18,428
628
948
19,406
745
1,026
17,194
565
1,018
28,910
652
1,106
40,479
664
1,203
41,338
608
1,433
25,091
992
1,694
21
22
23
68
476
377
62
570
399
-78
529
415
23
521
424
-59
540
435
-83
592
446
-111
628
464
-220
687
484
-165
692
506
-207
711
540
-320
832
585
-281
860
634
-453
882
685
-454
1,007
740
-539
1,061
792
-825
1,208
855
-702
1,344
984
24
25
26
105
146
164
203
186
171
247
226
197
267
269
353
360
27
9,519
14,320
9,372
3,775
6,354
9,442
17,520
9,747
28
99
171
114
97
-1,491
5,227
3,759
2,192
6,505
5,963
5,798
10,099
7,705
164
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
Table 5.3.—Gross Private Domestic Investment, Capital Consumption Allowances with Capital Consumption
[Billions of
Line
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
Gross private domestic investment
71.0
70.1
82.3
65.6
93.7
94.1
83.2
83.4
104.1
102.9
97.2
Less: Capital consumption allowances with capital consumption adjustment.
33.8
36.2
38.9
41.2
43.5
46.0
48.2
50.7
52.8
55.0
57.1
59.2
Equals: Net private domestic investment
37.2
33.9
43.4
24.3
50.2
48.1
35.0
34.9
30.6
49.1
45.8
38.1
Fixed investment
58.8
70.4
76.8
70.0
83.2
80.4
78.9
84.1
85.6
96.3
97.1
95.7
Less: Capital consumption allowances with capital consumption adjustment.
33.8
36.2
38.9
41.2
43.5
46.0
48.2
50.7
52.8
55.0
57.1
59.2
Equals: Net fixed investment
36.6
25.0
34.2
37.9
28.8
39.7
34.4
30.6
33.4
32.8
41.4
40.0
Nonresidential
42.0
48.9
51.0
46.0
50.0
52.9
52.1
56.3
55.4
61.2
65.2
66.0
Less: Capital consumption allowances with capital consumption adjustment.
25.1
27.2
29.5
31.5
33.4
35.5
37.4
39.4
41.1
42.7
44.6
46.1
Equals: Net nonresidential
16.9
21.7
21.5
14.5
16.6
17.3
14.8
16.9
14.2
18.5
20.7
19.9
Structures
18.8
17.3
18.4
17.8
19.1
20.6
20.6
22.5
23.5
25.3
28.1
28.1
Less: Capital consumption allowances with capital consumption adjustment.
11.8
12.1
12.4
12.6
12.9
13.1
13.5
13.8
14.2
14.7
15.3
15.8
7.0
5.2
6.0
5.2
6.3
7.5
7.2
8.7
9.3
10.6
12.9
12.3
Producers* durable equipment
23.2
31.6
32.7
28.2
30.9
32.3
31.5
33.8
31.8
35.9
37.1
37.9
Less: Capital consumption allowances with capital consumption adjustment.
13.2
15.1
17.2
18.9
20.6
22.4
23.9
25.6
26.9
28.0
29.3
30.3
Equals: Net producers' durable equipment
10.0
16.4
15.5
9.2
10.3
9.9
7.6
8.2
4.9
7.9
7.8
7.6
16.8
21.5
25.8
24.0
33.2
27.5
26.8
27.8
30.2
35.1
31.9
29.7
8.7
9.0
9.3
9.7
10.1
10.5
10.9
11.2
11.6
11.2
12.6
13.0
Equals: Net structures
Residential
Less: Capital consumption allowances with capital consumption adjustment.
Equals: Net residential
8.1
12.4
16.4
14.3
23.1
17.0
15.9
16.6
18.6
22.9
19.3
16.7
Nonfarm structures
15.5
19.8
23.9
22.3
31.5
25.9
25.3
26.3
28.8
33.8
30.4
28.3
Less: Capital consumption allowances with capital consumption adjustment.
7.9
8.1
8.4
8.8
9.2
9.5
9.9
10.2
10.6
11.1
11.5
11.8
Equals: Net nonfarm structures
7.6
11.7
15.5
13.5
22.3
16.4
15.4
16.1
18.2
22.7
19.0
16.5
Farm structures
1.1
1.3
1.5
1.4
1.3
1.3
1.2
1.2
1.1
.9
1.0
1.0
.7
.7
.8
.8
.8
.8
.9
.8
.8
.1
Less: Capital consumption allowances with capital consumption adjustment.
.7
Equals: Net farm structures
.4
.7
.6
.5
.4
.4
.3
.0
.2
Producers'durable equipment
.2
.3
.3
.3
.3
.3
.3
.3
.4
.4
.4
Less: Capital consumption allowances with capital consumption adjustment.
.1
.1
.1
.2
.2
.2
.2
.3
.3
.3
.3
Equals: Net producers' durable equipment.
.1
.2
.1
.2
.1
.1
.1
.1
.1
.1
.1
12.2
5.5
-4.4
10.6
13.7
4.3
1.5
-2.2
7.7
5.8
1.5
Change in business inventories
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT BUSINESS.
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
165
Adjustment, and Net Private Domestic Investment by Major Type of Investment in Constant Dollars: Annually, 1946-74
1972 dollars]
1959
1958
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973*
1974*
Line
87.7
107.4
105.4
103.6
117.4
124.5
132.1
150.1
161.3
152.7
159.5
168.0
154.7
166.8
188.3
207.4
180.0
1
60.9
62.4
64.3
66.1
68.0
70.2
72.7
75.9
79.9
84.2
88.4
92.9
97.5
101.6
105.4
110.9
116.7
2
26.8
45.0
41.1
37.5
49.5
54.4
59.4
74.2
81.4
68.5
71.2
75.1
57.2
65.2
82.9
96.5
63.2
3
89.6
101.0
101.0
100.7
109.3
116.8
124.8
138.8
144.6
140.7
150.8
157.5
150.4
160.2
178.8
191.4
172.2
4
60.9
62.4
64.3
66.1
68.0
70.2
72.7
75.9
79.9
84.2
88.4
92.9
97.5
101.6
105.4
110.9
116.7
5
28.7
38.6
36.7
34.6
41.3
46.6
52.1
62.9
64.7
56.5
62.4
64.6
52.9
58.6
73.5
80.5
55.5
6
58.9
62.9
66.0
65.6
70.9
73.5
81.0
95.6
106.1
103.5
108.0
114.3
110.0
108.0
116.8
131.3
127.5
7
47.4
48.5
49.8
51.1
52.5
54.1
56.1
58.6
61.9
65.7
69.3
73.1
77.0
80.4
83.6
87.6
92.0
8
11.5
14.5
16.2
14.5
18.4
19.4
25.0
37.1
44.1
37.8
38.7
41.2
33.0
27.6
33.3
43.7
35.5
9
26.4
26.8
28.8
29.3
30.8
30.8
33.3
39.6
42.5
41.1
42.0
44.0
42.8
41.7
42.5
45.3
42.7
10
16.4
16.9
17.4
17.9
18.5
19.1
19.8
20.5
21.4
22.3
23.2
24.1
25.0
25.7
26.5
27.3
28.2
11
10.1
9.9
11.4
11.4
12.3
11.7
13.6
19.1
2L1
18.8
18.8
19.9
17.9
15.9
16.0
18.0
14.5
12
40.1
42.7
47.7
56.0
63.6
62.4
66.1
70.3
67.2
66.3
74.3
85.9
84.9
13
33.9
35.0
36.3
38.0
40.5
43.4
46.1
49.0
52.1
54.6
57.1
60.3
63.9
14
32.5
36.1
37.2
36.3
31.1
31.6
32.4
33.2
1.5
4.5
4.8
3.1
6.1
7.7
11.4
18.0
23.0
19.0
20.0
21.3
15.1
11.7
17.2
25.6
21.0
15
30.6
38.1
35.0
35.1
38.4
43.2
43.8
43.2
38.5
37.2
42.8
43.2
40.4
52.2
62.0
60.1
44.7
16
13.4
13.9
14.5
15.0
15.5
16.1
16.7
17.3
18.0
18.5
19.1
19.8
20.5
21.2
21.8
23.3
24.7
17
18
17.2
24.1
20.5
20.2
22.9
27.2
27.1
25.9
20.6
18.7
23.7
23.4
19.9
31.0
40.2
36.8
20.0
29.2
36.5
33.7
33.6
36.9
41.7
42.2
41.6
36.9
35.5
41.1
41.5
38.9
50.5
60.3
58.4
42.6
19
12.3
12.7
13.2
13.6
14.1
14.6
15.2
15.7
16.3
16.8
17.4
18.0
18.7
19.4
19.8
21.2
22.4
20
16.9
23.8
20.5
20.0
22.8
27.1
27.0
25.9
20.6
18.7
23.8
23.4
20.1
31.1
40.5
37.2
20.2
21
.9
1.0
.8
1.0
.9
.9
.9
.8
.9
.9
.8
.9
.6
.7
.7
.5
.8
22
.8
.8
.9
.9
.9
1.0
1.0
1.1
1.1
1.2
1.1
1.1
1.1
1.1
1.2
1.3
1.4
23
24
.1
.1
.0
.1
.0
.0
-.1
-.2
-.2
-.3
-.3
-.2
-.4
-.4
-.5
Q
-.6
.5
.6
.5
.5
.6
.6
.7
.7
.8
.8
.9
.9
.9
1.0
1.1
1.2
1.3
25
.4
.4
.4
.4
.4
.5
.5
.5
.6
.6
.6
.7
.7
.7
.8
.8
.9
26
—
.1
.2
.1
.1
.1
.2
.2
.2
.2
.2
.3
.2
.2
.3
.3
.4
.4
27
-1.8
6.5
4.4
2.9
8.1
7.8
7.3
11.3
16.7
12.0
8.7
10.6
4.3
6.6
9.4
16.0
7.7
28
166
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
Table 5.4.—Purchases of Structures
[Millions of
Line
Purchases of structures
Private
1946
1947
15,781
21,754
14,150
1948
1949
1950
1951
1952
1953
1954
1955
39,823
42,398
44,937
49,860
52,621
53,409
18,797 23,537 22,321 28,852
28,639
28,914
30,985
33,055
38,104
39,526
38,837
8,551
9,338
11,266
11,508
12,770
13,166
14,429
17,377
18,113
28,594 35,798
1956 1957
6,823
7,573
6,088
7,111
8,642
8,424
9,261
11,228
11,474
12,723
13,121
14,175
17,419
18,081
8
9
10
11
Nonresidential buildings, excluding farm.
Industrial
Commercial
Religious
Educational
Hospital
and institutional
Other 1
3,258
l,o»y I 1,702
1,160 I 972
126
76
174
123
110
85
174
3,782
1,397
1,414
251
253
126
341
3,393
972
1,192
360
269
202
3,922
1,062
1,433
409
294
344
380
5,300
2,117
1,519
452
345
419
448
5,040
2,320
1,163
399
351
394
413
5,706
2,229
1,817
472
426
317
445
6,276
2,030
2,238
593
529
337
549
7,231
2,259
3,081
696
466
334
9,284
3,224
3,854
806
562
345
493
9,610
3,557
3,618
868
525
525
517
12
13
14
15
16
17
Public utilities
Railroads
Telephone and telegraph
Electric light and power
Gas
Petroleum pipelines
1,255
2,126
284
510
761
394
177
2,776
338
713
1,016
499
210
2,994
314
3,357
332
487
1,315
1,010
213
3,533
414
570
1,537
710
302
3,973
375
615
1,805
818
360
3,685
341
655
1,717
723
249
3,565
303
758
1,488
873
143
4,566
424
1,113
1,804
1,080
145
4,908
387
1,068
2,168
1,116
169
18
19
20
21
22
Farm
Mining exploration, shafts, and wells
Petroleum and natural gas
Other
Others
659
753
715
38
52
755
903
844
786
1,233
1,167
66
65
637
197
743
1,216
1,158
58
78
3,045
269
440
1,240
859
237
747
1,435
1,364
71
112
798
1,709
1,623
86
64
866
1,950
1,867
83
85
780
2,144
2,052
92
120
733
2,306
2,227
79
121
703
2,522
2,441
81
154
2,653
2,570
83
127
761
2,603
2,524
79
199
126
112
350
104
152
81
46
82
-5
91
-53
88
-54
101
102
-57
122
132
130
-172
138
-106
19,889
23,675
22,149
20,724
Nonresidential
New
5
6
23
24
25
26
27
28
29
30
31
32
Brokers' commissions on sale of structures.
Net purchases of used structures
Residential
New
Nonfarm
New housing units
1-unit structures
2 or more unit structures
Mobile homes
Additions and alterations
Nonhousekeeping
Farm
New housing units
Additions and alterations
37
Brokers' commissions on sale of structures.
Net purchases of used structures
425
197
-54
7,327
11,224
14,639
13,770
19,514
17,373
17,406
6,832
10,694
14,181
13,355
19,026
16,821
16,773
6,327
4,875
4,795
80
1,307
145
10,010
7,925
7,765
160
1,960
125
13,320
10,698
10,506
192
2,467
155
12,525
10,140
10,043
97
2,200
185
18,247
15,672
15,551
121
2,400
175
16,015
13,341
13,207
134
2,484
190
16,018
13,066
12,851
215
2,767
185
17,565
16,811
13,628
13,411
217
2,916
267
505
505
684
861
861
830
779
779
806
806
755
755
510
-15
525
5
460
-2
474
-59
573
653
-101
763
-130
6,273
9,397
9,255
-85
18,215
19,114
22,857
21,393
20,220
18,414
15,158
14,931
227
2,960
296
22,233
18,598
18,242
356
3,296
20,702
16,667
16,143
524
3,588
447
19,551
15,281
14,736
545
3,769
501
754
754
700
624
700
624
691
691
783
-133
907
-132
1,009
-191
977
-221
10,909
11,413
11,882
11,756
13,095
14,572
10,779
11,242
11,712
11,715
12,732
14,059
4,091
595
974
1,513
527
482
4,812
654
1,684
1,619
495
4,906
556
1,771
1,714
369
496
4,945
336
1,506
2,134
333
636
4,462
266
721
2,442
300
733
4,368
292
453
2,556
300
767
5,013
506
473
2,825
354
855
3,021
1,290
3,714
1,003
773
3,852
1,287
,01
4,415
1,360
4,934
1,287
971
1,275
488
1,344
510
1,631
2,957
4,546
2,231
3,319
4,704
Buildings, excluding military
Residential
Industrial
Educational
Hospital
Others
728
374
113
101
85
55
791
200
96
287
77
131
1,447
156
196
618
213
264
2,408
359
177
934
458
480
6,866
2,732
345
224
1,133
499
531
Highways and streets
Military facilities
Conservation and development
764
188
260
1,344
204
424
1,661
158
670
2,015
137
852
2,134
177
942
2,355
887
912
2,677
1,387
900
Sewer systems
Water supply facilities
Other*
194
97
351
205
535
233
619
238
659
222
775
235
790
213
250
982
295
1,085
328
-600
-362
-158
80
142
130
171
170
41
Government
New
Net purchases of used structures
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT BUSINESS.
1. Consists of buildings used primarily for social and recreational activities and buildings,
not elsewhere classified, such as passenger terminals, greenhouses, and animal hospitals.
6,946
932
-428
513
2. Consists of streets, dams and reservoirs, sewer and water facilities, parks, airfields, etc.
3. Consists of general office buildings, police and fire stations, courthouses, auditoriums,
garages, passenger terminals, etc.
4. Consists of electric and gas facilities, transit systems, airfields, etc.
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
167
by Type: Annually, 1946-74
dollars]
1958
(
(
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973*
1974*
Line
54,296
60,136
59,048
60,739
64,944
69,635
73,101
79,487
82,170
83,654
93,755
101,482
102,454
119,064
135,286
148,017
147,746
38,055
43,505
42,624
42,882
46,319
49,631
51,985
56,666
57,285
57,430
65,309
72,682
73,357
87,886
103,488
114,231
107,617
1
2
3
16,743
17,047
18,171
18,356
19,424
19,578
21,462
26,109
29,237
29,494
31,592
35,663
37,661
39,338
42,543
48,964
54,406
16,702
17,104
18,261
18,518
19,672
19,833
21,689
26,167
29,165
29,321
31,363
35,379
37,404
39,104
42,252
48,645
54,110
4
8,723
2,382
3,637
863
574
600
667
8,915
2,106
3,986
947
525
570
781
10,200
2,851
4,231
1,013
566
605
934
10,781
2,780
4,721
1,003
609
771
897
11,674
2,842
5,201
1,033
680
985
933
11,717
2,906
5,066
1,001
678
1,030
1,036
13,026
3,565
5,467
992
697
1,291
1,014
16,580
5,667
6,536
1,288
734
1,422
933
18,420
7,299
6,561
1,208
1,053
1,489
810
17,660
6,628
6,652
1,126
1,197
1,343
714
18,265
6,021
7,862
1,079
1,101
1,579
623
21,294
6,783
9,540
988
1,029
2,169
785
21,565
6,538
9,902
931
865
2,529
800
22,675
5,423
11,815
813
943
2,864
817
24,257
4,676
13,683
844
968
3,172
914
27,821
6,243
15,690
814
837
3,152
1,085
29,818
7,902
16,119
919
656
3,204
1,018
5
6
7
8
9
10
11
4,688
267
904
2,291
1,065
161
4,506
218
950
1,997
1,210
131
4,592
270
1,085
2,006
1,099
132
4,292
213
975
1,858
1,137
109
4,274
201
990
1,862
1,018
203
4,597
253
1,119
2,021
932
272
4,952
267
1,303
2,162
1,054
166
5,698
310
1,451
2,535
1,280
122
6,682
378
1,594
2,986
1,582
142
7,445
327
1,621
3,669
1,516
312
8,749
413
1,683
4,297
1,999
357
9,227
453
2,175
4,545
1,823
231
10,597
306
2,921
5,482
1,603
285
11,212
291
2,939
6,267
1,287
428
12,485
359
3,235
6,992
1,615
284
14,342
423
3,892
8,072
1,640
315
16,105
457
4,198
8,967
1,555
928
12
13
14
15
16
17
733
2,369
2,263
106
189
955
2,521
2,405
116
207
849
2,339
2,214
125
281
871
2,324
2,189
135
250
962
2,485
2,341
144
277
958
2,251
2,097
154
310
958
2,415
2,257
158
338
1,038
2,435
2,272
163
416
1,126
2,453
2,285
168
484
1,332
2,430
2,258
172
454
1,217
2,559
2,344
215
573
1,322
2,795
2,537
258
741
1,512
2,784
2,482
302
946
1,557
2,667
2,322
345
993
1,432
3,137
2,749
388
941
2,120
3,449
2,978
471
913
2,306
4,882
4,223
659
999
18
19
20
21
22
152
-111
155
-212
178
-268
188
-350
204
-452
204
-459
227
-454
289
-347
320
-248
308
-135
318
-89
371
-87
375
-118
394
-160
421
-130
473
-154
509
-213
23
24
21,312
26,458
24,453
24,526
26,895
30,053
30,523
30,557
28,048
27,936
33,717
37,019
35,6%
48,548
60,945
65,267
53,211
25
20,928
25,454
23,504
23,617
25,714
28,512
28,994
29,087
26,927
26,905
32,376
35,570
34,387
46,603
58,414
61,827
50,320
26
20,289
15,945
13,131
2,314
500
3,711
633
24,793
19,775
16,256
2,977
542
4,263
765
22,934
17,512
14,369
2,631
512
4,557
865
22,929
17,275
13,461
3,316
498
4,594
1,060
25,085
19,721
14,331
4,842
548
4,141
1,223
27,873
22,071
15,011
6,438
622
4,461
1,341
28,338
22,307
15,027
6,449
831
4,574
1,457
28,494
22,449
15,444
6,007
998
4,559
1,486
26,271
20,136
13,837
5,243
1,056
4,713
1,422
26,226
19,894
13,990
4,724
1,180
5,066
1,266
31,765
25,411
16,534
7,203
1,674
5,116
1,238
34,843
28,013
16,177
9,528
2,308
5,453
1,377
33,836
26,530
14,543
9,518
2,469
5,948
1,358
45,967
38,106
21,968
12,864
3,274
6,467
1,394
57,767
48,633
27,337
17,247
4,049
7,145
1,989
61,234
51,942
28,125
19,438
4,379
6,926
2,366
49,342
40,065
23,344
13,507
3,214
7,589
1,688
27
28
29
30
31
32
33
639
331
308
661
343
318
570
296
274
688
309
379
629
286
343
639
302
337
656
335
321
593
288
305
666
300
356
679
300
379
611
332
279
727
298
429
551
265
286
636
296
340
647
372
275
593
373
220
978
522
456
34
35
36
1,057
-673
1,353
-349
1,242
-293
1,268
-359
1,495
-314
1,729
-188
1,808
-279
1,882
-412
1,751
-630
1,792
-761
2,093
-752
2,199
-750
2,192
-883
3,093
-1,148
3,800
-1,269
4,064
-624
3,705
-814
37
38
39
16,241
16,631
16,424
17,857
18,625
20,004
21,116
22,821
24,885
26,224
28,446
28,800
29,097
31,178
31,798
33,786
40,129
15,457
16,070
15,863
17,148
17,859
19,357
20,383
22,062
24,007
25,328
27,605
27,963
28,096
29,870
30,399
33,008
39,102
40
6,499
846
408
2,875
390
980
5,466
960
368
2,656
428
1,054
5,511
716
407
2,818
401
1,169
6,012
841
472
3,052
369
1,278
6,082
936
422
2,974
397
1,353
6,534
527
440
3,477
426
1,664
7,177
562
403
3,790
469
1,953
7,893
601
368
4,284
523
2,117
8,920
651
369
5,333
511
2,056
9,795
704
408
5,988
609
2,086
10,439
740
519
6,061
698
2,421
11,230
1,036
518
5,868
804
3,004
10,657
1,099
500
5,618
837
2,603
11,397
1,128
572
5,564
981
3,152
11,500
875
534
5,720
1,008
3,363
12,994
941
605
6,647
1,002
3,799
14,990
1,007
763
7,311
1,240
4,669
41
42
43
44
45
46
5,545
1,402
1,019
5,761
1,465
1,121
5,437
1,366
1,175
5,854
1,371
1,384
6,365
1,266
1,523
7,084
1,179
1,694
7,133
910
1,750
7,550
830
2,019
8,405
727
2,194
8,591
695
2,124
9,321
808
1,973
9,252
879
1,780
9,981
718
1,908
10,658
901
2,095
10,428
1,003
2,172
10,506
1,170
2,313
12,083
1,185
2,782
47
48
49
1,387
605
906
561
790
882
605
887
914
667
946
1,072
682
869
947
882
1,037
1,325
956
1,132
1,195
1,266
1,309
1,300
1,066
1,395
1,058
1,270
1,795
1,551
1,514
1,999
1,344
1,336
2,142
1,544
1,094
2,194
1,829
996
1,994
2,002
1,076
2,218
2,454
1,068
2,503
3,384
1,382
3,296
50
51
52
784
561
561
709
766
647
733
759
878
896
841
837
1,001
1,308
1,399
778
1,027
53
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
168
Table 5.5—Purchases of Structures by
[Billions of
Line
1946
Purchases of structures.
Private
Nonresidential..
New..
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
Nonresidential buildings, excluding farm..
Industrial
Commercial
Religious
Educational
Hospital and institutional
Other i
Public utilities
Railroads
Telephone and telegraphElectric light and power..
Gas
Petroleum pipelines
Farm
Mining exploration, shafts, and wells.
Petroleum and natural gas
Other
Other 2
Brokers' commissions on sale of structures.
Net purchases of used structures
Residential.
New
1947
1948
1949
1950
39.4
44.9
52.8
54.1
35.4
38.5
43.8
41.5
52.0
18.8
17.3
18.4
17.8
16.7
16.3
17.8
9.5
4.5
3.4
.2
.4
.3
.7
7.3
3.8
2.2
.3
.4
.2
.4
7.6
2.8
2.8
.5
.5
.3
.7
1.4
.5
.3
5.3
.7
1.2
2.2
.9
.4
6.2
.7
1.5
2.7
.9
.4
1.8
1.7
1.6
.1
.1
1.7
1.9
1.7
.1
.1
.3
.4
1.7
16.6
15.5
.8
21.2
1951
1952
1953
1954
1955
1956
1957
66.3
70.1
75.2
81.6
81.4
47.8
47.1
49.9
53.4
60.0
59.6
57.4
19.1
20.6
20.6
22.5
23.5
25.3
28.1
28.1
17.6
19.0
20.5
20.6
22.4
23.5
24.9
28.2
28.1
7.0
2.0
2.5
.7
.6
.4
8.2
2.2
3.0
.9
.6
.7
.8
9.7
3.9
2.8
.8
.6
.8
.8
9.0
4.2
2.1
.7
.6
.7
.7
10.2
4.0
3.2
.8
.8
.6
.8
11.5
3.7
4.1
1.1
1.0
.6
1.0
13.0
4.1
5.5
1.3
.8
.6
.7
15.4
5.4
6.4
1.3
.9
.6
.8
15.3
5.7
5.7
1.4
.8
.8
.8
6.5
6.3
LI
3.3
1.1
.4
2.9
1.5
.4
6.3
.6
.9
2.8
1.6
.3
6.6
.8
1.1
3.2
1.1
.5
7.1
.7
1.1
3.5
1.2
.5
6.5
.6
1.2
3.3
1.1
.4
6.1
.5
1.4
2.8
1.3
.2
7.3
.7
1.9
3.0
1.5
.2
7.5
.6
1.8
3.4
1.4
.2
1.6
2.3
2.1
.1
.1
1.5
2.3
2.2
.1
.1
1.6
2.7
2.6
.1
.2
1.5
2.9
2.7
.1
.1
1.6
3.2
3.1
.1
.1
1.4
3.5
3.3
.2
.2
1.3
3.9
3.7
.1
.2
1.3
4.2
4.0
.1
.3
1.3
4.0
3.9
.1
.2
1.2
3.8
3.7
.1
.3
.2
.3
.2
.1
.2
.0
.2
-.1
.2
-.1
.2
-.1
.2
-.1
.2
.2
.2
-.3
.2
66.5
65.0
25.5
23.7
32.8
27.2
26.4
27.5
29.9
34.7
31.4
29.3
24.7
23.0
32.0
26.3
25.5
26.5
28.7
33.5
30.3
28.5
23.1
18.5
18.4
.1
4.3
21.6
17.4
17.4
.1
3.8
.3
30.7
26.3
26.3
.1
4.1
.3
25.1
20.9
20.8
.1
3.9
.3
24.3
19.8
19.7
.1
4.2
.3
25.3
20.5
20.4
.1
4.4
.4
27.7
22.7
22.6
.1
4.5
.4
32.6
27.2
27.0
.2
4.9
.5
29.4
23.6
23.2
.3
5.2
.6
27.6
21.5
21.1
.4
5.4
.7
Nonfarai-New housing units
1-unit structures
2 or more unit structuresMobile homes
Additions and alterations...
Nonhousekeeping
14.4
11.1
11.0
.0
3.0
.3
20.2
18.9
14.9
14.8
.1
3.7
.2
Farm
New housing units
Additions and alterations-
1.1
1.1
1.3
1.3
1.5
1.5
1.4
1.4
1.3
1.3
1.3
1.3
1.1
1.1
1.1
1.1
1.1
1.1
1.0
1.0
.9
.9
1.2
.0
1.0
.0
.8
.0
.8
-.1
1.0
-.1
1.0
-.2
1.2
-.2
1.2
-.2
1.4
-.2
1.5
-.3
1.4
-.3
1.3
-.6
Brokers' commissions on sale of structures.
Net purchases of used structures
Government.
New
Buildings, excluding military.
Residential
Industrial
Educational
Hospital
Other 3
Highways and streets
Military facilities
Conservation and development .
Sewer systems
Water supply facilitiesOther*
Net purchases of used structures.
4.0
6.4
9.0
12.6
14.5
17.2
19.3
20.2
21.8
21.5
21.8
23.2
5.7
7.3
9.3
12.6
14.4
16.9
19.0
19.9
21.5
21.5
21.3
22.4
1:9
.8
.3
.3
.3
.2
1.7
.4
.2
.7
.2
.3
2.9
.3
.4
1.3
.4
.5
4.9
.6
.4
2.0
1.0
1.0
5.7
.6
.5
2.4
1.1
1.1
7.5
.9
1.8
2.8
1.0
.9
8.6
1.0
3.1
3.0
.9
.7
8.8
.9
3.2
3.1
.7
.9
9.1
.5
2.8
4.0
.6
1.2
8.1
.4
1.3
4.5
.6
1.3
7.3
.4
.8
4.3
.5
1.3
8.0
.7
.8
4.6
.6
1.4
1.7
.5
.7
2.7
.4
3.0
.3
1.3
3.8
.3
1.6
4.4
.4
1.9
4.0
1.6
1.7
4.4
2.4
1.6
5.1
2.3
1.5
6.7
1.8
1.4
7.2
2.3
1.3
7.3
2.3
1.4
7.8
2.1
1.5
.7
.2
1.0
.4
1.3
.4
1.5
.4
1.6
.5
1.7
.4
1.7
.4
1.8
.4
1.9
.5
2.1
.6
2.2
.8
2.2
.8
-.3
.0
.2
.2
.3
.0
-1.7
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY
OF CURRENT BUSINESS.
1. Consists of buildings used primarily for social and recreational activities and buildings,
not elsewhere classified, such as passenger terminals, greenhouses, and animal hospitals.
.7
2. Consists of streets, dams and reservoirs, sewer and water facilities, parks, airfields, etc.
3. Consists of general office buildings, police and fire stations, courthouses, auditoriums,
garages, passenger terminals, etc.
4. Consists
nsists of electric and gas facilities, transit systems, airfields, etc.
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
169
Type in Constant Dollars: Annually, 1946-74
1972 dollars ]
1958
(
1961
1960
1959
1962
1963
1964
1966
1965
1968
1967
1969
1971
1970
1972
1973*
1974*
82.7
91.0
90.0
92.8
98.3
104.8
109.2
116.4
116.3
114.1
121.9
122.0
115.6
125.9
135.3
135.6
117.1
56.6
64.3
63.3
63.9
68.6
73.4
76.5
82.1
80.3
77.5
83.9
86.3
82.3
92.9
103.5
104.3
86.1
Line
1
2
3
26.4
26.8
28.8
29.3
30.8
30.8
33.3
39.6
42.5
41.1
42.0
44.0
42.8
41.7
42.5
45.3
42.7
26.4
26.9
28.9
29.5
31.2
31.2
33.7
39.7
42.4
40.8
41.6
43.6
42.5
41.4
42.3
45.1
42.5
4
14.3
3.9
5.9
1.4
.9
1.0
1.1
14.7
3.5
6.6
1.6
.9
.9
1.3
16.9
4.7
7.0
1.7
.9
1.0
1.6
17.9
4.6
7.8
1.7
1.0
1.3
1.5
19.2
4.7
8.5
1.7
1.1
1.6
1.5
18.9
4.7
8.2
1.6
1.1
1.7
1.7
20.7
5.7
8.6
1.6
1.1
2.1
1.6
25.6
8.8
10.1
2.0
1.1
2.2
1.4
27.3
10.8
9.7
1.8
1.6
2.2
1.2
25.1
9.4
9.4
1.6
1.7
1.9
1.0
24.7
8.2
10.6
1.5
1.5
2.1
.8
26.4
8.4
11.8
1.2
1.3
2.7
1.0
24.5
7.4
11.2
1.1
1.0
2.9
.9
23.9
5.7
12.5
.9
1.0
3.0
.9
24.3
4.7
13.7
.8
1.0
3.2
.9
25.6
5.7
14.5
.8
.8
2.9
1.0
23.3
6.2
12.6
.7
.5
2.5
.8
5
6
7
8
9
10
11
7.0
.4
1.5
3.6
1.3
.2
6.5
.3
1.6
3.0
1.5
.2
6.7
.4
1.8
3.0
1.3
.2
6.2
.3
1.5
2.9
1.4
.1
6.3
.3
1.6
2.9
1.3
.3
6.8
.4
1.8
3.1
1.2
.3
7.3
.4
2.1
3.2
1.4
.2
8.2
.4
2.3
3.7
1.6
.2
9.2
.5
2.3
4.2
2.0
.2
9.9
.5
2.3
5.0
1.8
.4
11.2
.6
2.3
5.6
2.4
.4
11.3
.6
2.8
5.6
2.1
.3
12.1
.4
3.3
6.2
1.8
.3
11.9
.3
3.2
6.6
1.3
.4
12.5
.4
3.2
7.0
1.6
.3
13.5
.4
3.7
7.6
1.5
.3
12.8
.4
3.4
7.1
1.2
.7
12
13
14
15
16
17
1.2
3.6
3.4
.2
.3
1.6
3.7
3.5
.2
.3
1.4
3.4
3.2
.2
.5
1.5
3.5
3.3
.2
.4
1.6
3.7
3.5
.2
.4
1.6
3.5
3.2
.3
.5
1.5
3.7
3.5
.3
.5
1.6
3.7
3.4
.3
.6
1.7
3.5
3.2
.2
.7
1.9
3.3
3.0
.2
.6
1.7
3.3
3.0
.3
.8
1.6
3.4
3.1
.3
.9
1.7
3.2
2.8
.3
1.1
1.6
2.9
2.5
.4
1.1
1.4
3.1
2.7
.4
.9
2.0
3.1
2.7
.4
.9
1.8
3.8
3.3
.5
.8
18
19
20
21
22
.2
-.2
.3
-.3
.4
-.7
43.1
.4
-.1
.5
-.1
.4
-.1
.4
-.2
.4
-.1
.4
-.1
.4
-.2
42.4
.5
-.4
37.8
.4
-.2
37.8
.3
-.7
42.6
.4
-.5
37.5
.3
-.6
34.6
.3
-.7
30.1
.3
-.4
34.5
36.4
41.9
42.3
39.5
51.2
60.9
58.9
43.4
23
24
25
29.6
36.1
33.1
33.3
36.1
40.4
40.9
40.4
36.3
35.1
40.2
40.6
38.0
49.1
58.4
55.8
41.1
26
28.7
22.5
18.8
35.1
27.9
23.3
4.3
.4
6.1
1.1
32.3
24.6
20.5
3.7
.4
6.5
1.2
32.3
24.3
19.2
4.7
.4
6.6
1.5
35.3
27.7
20.3
6.9
.5
5.9
1.7
39.5
31.2
21.4
9.2
.6
6.4
1.9
40.0
31.4
21.4
9.2
.8
6.5
2.1
39.6
31.1
21.7
8.4
1.0
6.4
2.1
35.4
27.1
18.8
7.1
1.1
6.4
1.9
34.2
25.9
18.4
6.2
1.3
6.7
1.7
39.5
31.5
20.7
9.0
1.8
6.4
1.5
39.8
31.9
18.6
11.0
2.3
6.3
1.6
37.4
29.3
16.2
10.6
2.4
6.6
1.5
48.5
40.1
23.3
13.6
3.2
6.9
1.5
57.8
48.6
27.3
17.2
4.0
7.2
2.0
55.3
46.9
25.3
17.5
4.2
6.2
2.1
40.3
32.7
18.9
11.0
2.8
6.1
1.4
27
28
29
30
31
32
33
.9
.5
.5
.8
.4
.4
1.0
.4
.5
.9
.4
.5
.9
.4
.5
.9
.5
.5
.8
.4
.4
.9
.4
.5
.9
.4
.5
.8
.4
.4
.8
.3
.5
.6
.3
.3
.7
.3
.4
.6
.4
.3
.5
.3
.2
.8
.4
.4
34
35
36
-1.0
1.9
-.5
1.8
-.4
1.8
-.5
2.5
-.3
2.4
-.9
2.4
-1.0
2.6
-.9
31.4
34.3
36.0
36.6
38.0
33.3
31.8
3.7
-.6
31.4
3.0
-.7
31.0
37
38
28.9
3.3
-1.2
33.0
3.8
-1.3
26.7
2.5
-.9
35.7
2.4
-1.0
26.7
2.6
-.4
32.7
2.6
-.6
26.1
2.1
-.4
29.7
25.0
25.8
25.9
27.8
28.5
30.4
31.6
33.2
34.8
35.4
36.9
34.8
32.1
31.6
30.4
30.6
30.2
40
9.0
1.2
.7
4.8
.7
1.6
8.7
1.4
.6
4.2
.8
1.8
8.8
1.0
.7
4.4
.7
2.0
9.6
1.2
.8
4.8
.7
2.1
9.6
1.3
.7
4.7
.7
2.2
10.3
.8
.7
5.4
.7
2.7
11.2
.8
.6
5.8
.8
3.1
12.0
.8
.6
6.4
.8
3.3
13.0
.9
.5
7.8
.8
3.1
13.8
.9
.6
8.4
.9
2.9
14.1
.9
.7
8.2
1.0
3.3
13.9
1.2
.6
7.3
1.1
3.7
12.3
1.2
.6
6.5
1.0
3.0
12.1
1.2
.6
5.9
1.1
3.3
11.5
.9
.5
5.7
1.0
3.4
12.0
.9
.6
6.1
.9
3.6
12.1
.8
.6
6.0
1.1
3.6
41
42
43
44
45
46
9.0
2.2
1.6
9.3
2.4
1.8
9.1
2.2
1.9
9.8
2.2
2.2
10.4
2.0
2.4
11.2
1.8
2.6
11.2
1.4
2.6
11.5
1.3
3.0
12.1
1.1
3.1
12.0
1.0
2.9
12.3
1.1
2.6
11.5
1.1
2.2
11.2
.8
2.2
11.1
1.0
2.2
10.4
1.0
2.2
9.8
1.1
2.2
8.7
.9
2.3
47
48
49
1.6
{ 3.3
6.3
.9
.9
{ :l
1.5
39
1.0
1.2
1.5
.9
1.4
1.5
.9
1.5
1.8
1.0
1.4
1.5
1.3
1.6
2.1
1.4
1.7
1.8
1.8
2.0
2.0
1.5
2.0
1.6
1.7
2.5
2.2
2.0
2.7
1.8
1.7
2.7
1.9
1.3
2.5
2.0
1.1
2.1
2.0
1.1
2.2
2.3
1.0
2.3
2.7
1.1
2.4
50
51
52
1.1
.8
.9
1.1
1.2
1.0
1.1
1.1
1.2
1.2
1.1
1.0
1.1
1.4
1.4
.7
.8
53
} 2.2
(
170
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
Table 5.6.—Private Purchases of Producers9
[Millions of
Line
Private purchases of producers' durable equipment.
1946
1947
10,122
9,945
Nonresidential
1948
1949
1950
1951
1952
15,617
17,610
15,316
17,280
1953
1954
1955
1956
1957
16,031
18,174
20,245
20,062
15,732
17,799
19,874
19,694
21,917
21,203
24,320
26,801
29,016
21,531
20,812
23,888
26,343
644
442
208
772
1,003
451
268
468
1,056
700
483
275
828
1,042
514
332
726
1,251
659
225
888
1,094
620
449
1.056
1,466
887
762
313
871
1,102
701
452
1,159
1,293
873
825
311
835
998
664
436
1,483
1,381
28,561
981
877
455
676
944
549
409
1,653
1,251
1,167
818
421
892
995
742
558
1,416
1,533
1,312
940
445
857
890
913
617
1,948
1,795
1,283
1,126
632
767
880
814
629
1,962
1,812
Furniture and fixtures
Fabricated metal products
Engines and turbines
Tractors
Agricultural machinery, except tractors..
Construction machinery, except tractors.
Mining and oilfield machinery
M etalworking machinery
Special industry machinery, n.e.c
504
336
50
268
344
419
207
785
774
538
143
490
663
504
243
825
1,242
672
541
216
706
967
671
332
692
1,295
General industrial, including materials handling, equipment..
Office, computing, and accounting machinery
Service industry machinery
747
434
506
1,024
575
965
1,063
637
1,378
560
947
848
618
974
1,056
710
999
733
955
1,213
812
1,126
1,244
795
1,079
1,500
911
1,223
1,753
1,083
1,396
1,887
1,373
1,476
Electricial transmission, distribution, and industrial apparatus.
Communication equipment
Electrical equipment, n.e.c
431
444
127
783
737
232
753
725
237
647
222
852
735
292
1,158
853
279
1,355
1,076
246
1,458
1,192
242
1,528
1,048
226
1,516
1,161
278
1,906
1,438
309
2,143
1,703
305
1,164
1,048
178
255
367
275
315
1,734
1,822
129
586
645
407
426
2,084
1,997
59
273
1,069
453
1,772
2,508
113
167
1,143
427
450
2,095
3,209
76
157
888
486
499
2,360
2,563
85
331
1,224
1,861
2,211
198
371
1,101
631
495
1,841
3,189
191
341
1,015
682
1,736
3,294
215
182
586
587
2,379
4,006
159
276
2,505
3,154
381
429
932
2,348
3,579
516
560
1,262
912
33
87
81
102
78
41
124
158
391
432
458
Trucks, buses, and truck trailers
Autos
Aircraft
Ships and boats
Railroad equipment
Instruments
Other
501
Less: Sale of equipment scrap, excluding autos..
301
177
Residential
708
526
41
116
103
299
375
371
330
455
386
Addenda:
10,122
129
582
Private purchases of producers* durable equipment.
Less: Dealers' margin on used equipment
Net purchases of used equipment from government.
Plus: Net sales of used equipment
Net exports of used equipment
Sale of equipment scrap
Equals: Purchases of new equipment
15,617
194
638
134
88
87
15,094
33
9,526
17,610
222
283
324
72
42
17,543
16,031
188
68
541
42
46
16,404
18,174
238
73
658
32
85
18,638
20,245
268
169
857
42
104
20,811
20,062
227
43
913
25
80
20,810
21,917
189
-30
937
25
105
22,825
21,203
146
15
814
36
46
21,938
24,320
288
77
860
61
130
25,006
26,801
319
181
902
62
164
27,429
29,016
312
131
1,001
73
124
29,771
n.e.c. Not elsewhere classified.
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT BUSINESS.
Table 5.7.—Private Purchases of Producers9 Durable
[Billions of
1
2
Private ourchases of oroducers' durable eQuioment
Nonresidential
3
4
5
6
7
8
9
10
11
Furniture and
fixtures
. _ .
Fabricated metal products
Engines and turbines
Tractors.. >. . . . .
.
Agricultural machinery, except tractors
Construction machinery, except tractors
Mining and oilfield machinery
M etalworking machinery
Special industry machinery, n.e.c
12
13
14
General industrial, including materials handling, equipment
Office, computing, and accounting machinery.. .
Service industry machinery
15
16
17
Electrical transmission, distribution, and industrial apparatus
Communication equipment
Electrical equipment n.e.c
18
19
20
21
22
23
24
Trucks, buses, and truck trailers..
Autos
..
. . . . . . .
Aircraft
Ships and boats
Railroad equipment
Instruments
Other.
25
26
1947
1946
Line
. . .
Less: Sale of equipment scrap, excluding autos
Residential
.
.
-
.
-
..
.
..
.
>
.
1950
1951
1952
1953
1954
1955
1956
1957
31.9
33.0
28.4
31.2
32.6
31.8
34.1
32.2
36.3
37.5
38.3
23.2
31.6
32.7
28.2
30.9
32.3
31.5
33.8
31.8
35.9
37.1
37.9
1.1
.9
.1
.6
.9
1.3
.6
1.9
2.2
1.3
1.1
.4
1.1
1.6
1.4
.6
2.4
3.3
12
1.0
.5
1.5
2.1
1.6
.8
1.8
3.2
1.1
.8
.5
1.6
2.0
1.0
.6
1.2
2.5
1 2
.9
.7
1.6
2.0
1.1
.7
1.7
2.8
1.4
1.1
.5
1.7
1.9
1.2
.8
2.1
3.0
1.4
1.2
.7
1.6
1.9
1.4
.8
2.3
2.6
1.3
1.3
.6
1.5
1.7
1.3
.8
2.8
2.7
1.5
1.4
.9
1.2
1.6
1.0
.7
3.1
2.4
1.7
1.2
.8
1.6
1.7
1.4
.9
2.5
2.8
1.8
1.3
.7
1.5
1.4
1.6
.9
3.1
3.1
1.7
1.4
.9
1.2
1.4
1.3
.9
2.9
2.9
2.4
.6
.8
2.8
.8
1.3
2.7
.9
1.8
1.9
.7
1.2
1.9
.8
1.3
2.1
.9
1.1
2.0
.9
1.2
2.3
1.0
1.4
2.3
.9
1.3
2.7
1.1
1.5
2.9
1.2
1.7
2.9
1.5
1.8
1.0
1.3
1.0
.3
1.1
.9
.3
1.3
1.0
.4
1.6
1.1
.3
1.9
1.5
.3
2.0
1.7
.3
2.1
1.5
.3
2.1
1.7
.3
2.3
2.0
.4
2.4
2.3
.4
3.6
2.9
.1
.6
2.2
.8
.7
3.0
3.4
.2
.4
2.3
.8
.7
3.5
4.3
.2
.3
1.7
.8
.7
3.7
3.2
.2
.6
2.2
.9
.6
2.7
2.5
.4
.7
1.9
1.0
.6
2.7
4.0
.3
.6
1.7
1.1
.7
2.6
3.8
.4
.3
1.0
.9
.7
3.4
4.9
.3
.5
1.1
1.1
.8
3.3
3.2
.6
.7
1.4
1.2
.8
1.9 \
.1
.1
.0
.1
.1
.1
.1
.1
.0
.1
.1
2.9
3.7
.8
.8
1.8
1.2
.8
.1
.2
.3
.3
.3
.3
.3
.3
.3
.3
.4
.4
.4
2.5
2.0
.5
.7
.9
.6
.6
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT BUSINESS.
1949
23.4
1 .3
.
1948
3.3
2.8
.3
1.4
1.4
.8
.7
n.e.c. Not elsewhere classified.
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
171
Durable Equipment by Type: Annually, 1946-74
dollars]
1965
1966
1967
1968
1969
1970
1971
1972
1973*
38,821
45,830
52,872
53,300
58,512
64,146
63,682
65,729
75,345
88,721
94,854
38,193
45,143
52,180
52,589
57,680
63,286
62,800
64,722
74,284
87,513
93,510
2
1,609
877
423
1,117
1,483
1,252
538
1,784
2,200
1,765
1,019
427
1,399
1,546
1,523
609
1,881
2,574
1,944
1,207
450
1,512
1,799
1,738
687
2,412
3,299
2,218
1,411
546
1,975
2,014
1,945
730
2,959
3,673
2,298
1,405
760
1,749
2,233
1,935
564
3,669
3,502
2,369
1,559
910
1,858
1,954
2,215
599
3,503
3,640
2,688
1,769
1,009
1,790
2,149
2,440
636
3,575
3,819
2,674
1,987
1,097
1,948
2,406
2,514
864
3,494
3,910
2,561
1,991
1,221
1,859
2,246
2,622
984
2,699
3,720
3,2S0
2,025
1,407
2,569
2,466
3,230
800
3,188
4,127
3,609
2,236
1,433
3,477
3,441
3,728
889
3,934
4,646
4,505
2,576
1,668
4,102
4,096
3,524
1,057
5,063
5,447
3
4
5
6
8
9
10
11
2,005
1,318
1,378
2,291
1,782
1,360
2,656
1,968
1,509
3,008
2,236
1,789
3,517
3,082
2,063
3,264
3,212
2,088
3,293
3,205
2,266
3,723
3,864
2,511
3,833
3,859
2,535
3,714
3,720
2,650
3,985
4,568
2,702
4,908
5,376
2,845
6,470
4; 731
3,326
12
13
14
1,987
2,683
314
2,027
3,035
346
2,034
2,868
459
2,333
2,995
503
2,615
3,451
556
3,136
3,974
609
3,165
4,214
519
3,260
4,727
531
3,396
5,747
580
3,524
6,523
645
3,330
6,576
694
3,635
6,595
909
4,215
7,866
999
4,662
8,953
1,048
15
16
17
2,660
3,546
815
395
609
1,033
1,102
3,410
4,250
781
414
933
1,095
1,220
3,596
4,008
488
362
977
1,402
1,347
3,736
4,178
841
424
1,397
1,796
1,463
4,655
5,078
1,283
489
1,709
2,104
1,579
5,407
4,767
1,816
529
1,998
2,532
1,777
4,857
4,588
2,489
556
1,774
2,582
1,530
6,048
5,928
3,657
759
1,370
2,682
1,708
7,420
6,304
2,735
835
1,941
2,928
1,957
6,633
4,873
2,393
847
1,685
3,194
1,981
7,860
7,018
1,289
805
1,869
3,598
2,140
10,285
7,570
1,870
1,051
1,906
4,211
2,350
13,001
9,005
2,633
1,171
1,758
4,752
2,587
12,991
7,771
1,986
1,068
2,246
5,452
2,603
18
19
20
21
22
23
24
1958
1959
1960
1961
1962
1963
1964
25,352
28,820
30,061
29,261
32,364
34,610
24,876
28,250
29,532
28,740
31,824
34,018
1,313
1,042
659
892
1,223
864
425
1,332
1,641
1,360
949
584
1,079
1,229
1,031
505
1,368
1,782
1,404
925
556
699
1,111
918
469
1,584
2,070
1,356
863
824
1,085
852
426
1,405
1,988
1,434
793
425
906
1,166
926
421
1,534
2,189
1,632
1,352
1,299
1,761
1,328
1,327
1,956
1,478
1,335
1,864
1,357
1,304
1,822
1,484
244
1,911
1,765
263
2,076
2,252
297
2,084
2,556
375
539
561
810
790
2,616
3,660
861
487
648
909
946
2,567
3,820
779
454
888
1,009
1,024
477
1974*
Line
1
7
63
119
139
205
182
239
349
457
498
364
361
530
619
444
445
996
1,835
25
476
570
529
521
540
592
628
687
692
711
832
860
882
1,007
1,061
1,208
1,344
26
25,352
283
85
1,078
57
71
26,190
28,820
286
80
1,140
34
128
29,756
30,061
268
83
1,100
46
147
31,003
29,261
260
72
1,222
43
214
30,408
32,364
285
73
1,402
45
191
33,644
34,610
310
74
1,521
42
249
36,038
38,821
341
80
1,555
49
359
40,363
45,830
393
93
1,745
57
469
47,615
52,872
445
107
2,008
64
509
54,901
53,300
420
95
2,301
126
377
55,589
58,512
463
100
2,445
101
370
60,865
64,146
533
106
2,691
170
542
66,910
63,682
507
118
2,952
139
631
66,779
65,729
558
126
3,070
242
458
68,815
75,345
670
134
3,147
356
459
78,503
88,721
800
141
3,882
419
1,013
93,094
94,854
810
160
4,420
399
1,852
100,555
27
28
29
30
31
32
33
1966
1967
1968
1969
1970
1971
1972
1973*
1974*
Equipment by Type in Constant Dollars: Annually, 1946-74
1972 dollars]
1958
1964
1963
1962
1961
1960
1959
1965
Line
33.0
36.7
37.8
36.8
40.6
43.3
48.4
56.8
64.3
63.2
67.0
71.2
68.1
67.3
75.3
87.1
86.1
1
32.5
36.1
37.2
36.3
40.1
42.7
47.7
56.0
63.6
62.4
66.1
70.3
67.2
66.3
74.3
85.9
84.9
2
1.7
1.3
.9
1.4
1.8
1.3
.6
2.0
2.5
1.8
1.2
.8
1.6
1.8
1.6
.7
2.0
2.7
1.8
.7
]L.O
]L.6
L.4
.6
2.2
3.0
1.8
1.1
.6
1.2
1.5
1.2
.6
1.9
2.9
L.9
1.0
.6
]L.3
]L.6
L.3
.6
2.1
3.1
2.1
1.1
.6
1.5
2.0
1.8
.7
2.4
3.1
2.2
1.3
.6
1.9
2.1
2.1
.8
2.5
3.5
2.5
1.5
.6
2.0
2.3
2.4
.9
3.1
4.4
2.8
1.8
.8
2.5
2.5
2.6
.9
3.7
4.8
2.8
1.7
1.0
2.2
2.7
2.5
.7
4.4
4.3
2.8
1.8
1.2
2.2
2.3
2.7
.7
4.0
4.3
3.0
2.0
1.2
2.0
2.5
2.8
.7
3.9
4.3
2.8
2.2
1.2
2.1
2.7
2.8
.9
3.6
4.2
2.6
2.1
1.3
1.9
2.6
2.7
1.0
2.7
3.8
3.3
2.0
1.4
2.6
2.5
3.2
.8
3.2
4.1
3.4
2.2
1.4
3.4
3.3
3.6
.9
3.8
4.5
3.7
2.2
1.5
3.5
3.5
3.1
.9
4.5
4.6
3
4
5
6
7
8
9
10
11
2.4
1.4
1.6
2.5
1.4
1.6
2.7
1.6
1.6
2.6
1.4
1.6
2.8
1.4
1.6
3.2
1.9
1.6
3.6
2.1
1.8
4.0
2.3
2.1
4.5
3.2
2.4
4.0
3.3
2.4
3.9
3.3
2.5
4.3
3.9
2.7
4.2
3.9
2.7
3.8
3.7
2.7
4.0
4.6
2.7
4.8
5.4
2.8
5.7
4.7
3.0
12
13
14
2.0
2.0
.3
2.1
2.4
.3
2.3
3.0
.3
2.3
3.6
.4
2.3
4.1
.4
2.4
3.9
.6
2.7
4.0
.6
3.1
4.7
.7
3.7
5.3
.7
3.5
5.5
.6
3.5
5.9
.6
3.6
6.7
.7
3.6
7.4
.7
3.4
7.0
.7
3.6
6.6
.9
4.1
7.6
1.0
4.2
8.3
.9
15
16
17
2.5
2.7
.5
.8
.8
1.0
.9
3.0
3.8
1.2
3.1
4.0
1.1
.6
1.2
1.2
1.2
3.2
3.7
1.1
.6
.8
1.2
1.3
4.1
4.5
1.0
.6
1.2
1.3
1.5
4.3
4.3
.6
.5
1.3
1.6
1.6
4.5
4.6
1.1
.6
1.8
2.0
5.6
5.7
1.6
.7
2.2
2.3
1.8
6.3
5.4
2.3
5.7
5.2
3.0
.7
2.2
2.7
1.7
6.9
6.4
4.3
.9
1.7
2.8
1.9
8.2
6.7
3.1
1.0
2.3
3.1
2.1
7.1
5.0
2.5
.9
1.9
3.3
2.1
7.9
6,9
1.3
.8
2.0
3.6
2.2
10.3
7.6
1.9
1.1
1.9
4.2
2.4
12.8
9.2
2.5
1.1
1.7
4.7
2.5
11.7
7.5
1.7
.9
1.9
18
19
20
21
22
23
24
.7
.9
1.1
1.1
L.I
.1
.1
.2
.2
.2
.3
1.7
.4
.5
.6
.5
.5
.6
.6
.7
.7
2.6
2.7
2.1
.5
.5
.4
.4
.5
.5
.5
.4
.7
5.2
2.3
.7
.7
.8
.8
.9
.9
.9
1.0
1.1
1.2
1.3
25
26
172
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
Table 5.8.—Change in Nonfarm Business Inventories by
[Millions of
Line
Change in nonfarm business inventories.
Change in book value
Inventory valuation adjustment.
1946
1947
6,350
1,298
13,318
-7,370
1948
1949
2,976 -2,209
1950
1951
1952
6,000
1953
1954
1955
1956
5,075
9,057
2,146
1,068 - 2 , 1 2 9
5,486
5,538
-2,562
-4,528 12,059 10,583
2,319 -6,059 -1,526
964
1,182
2,233 -1,762
-1,165
-367
7,420
-1,934
2,231
1957
801
8,270
2,640
-3,195 -1,839
By legal form of organization
Corporate b u s i n e s s l .
Change in book value
Inventory valuation adjustment.
5,967
11,230
-5,263
7,139
2,053
4,205
-2,152
-1,721
-3,577
1,856
4,823
9,788
-4,965
9,751
-1,199
1,250
981
812 -1,927
1,809 -1,609
-997
-318
4,927
6,663
-1,736
4,884
7,577
582
2,121
-1,539
Noncorporate business 2
Change in book value
Inventory valuation adjustment.
2,088
-1,705
58
1,529
-1,471
1,333
-410
-488
-951
463
1,177
2,271
-1,094
505
832
-327
-85
-286
201
256
424
-168
-202
-153
-49
559
757
-198
191
693
-502
219
519
2,901
6,163
-3,262
450
4,412
-3,962
1,271
2,749
-1,478
-1,580
-2,743
1,163
2,164
5,496
-3,332
7,872
8,477
-605
1,863
1,172
1,185
678
1874
-702
-2,582
-2,260
-322
2,626
4,008
-1,382
3,757
5,437
-1,680
-322
642
-964
Durable goods 3
Change in book value
Inventory valuation adjustment-
128
2,299
-2,171
-197
1,476
-1,673
-1,370
-1,769
1,470
2,812
-1,342
5,310
6,047
-737
1,591
1,713
-122
1,140
1,944
-804
-2,347
-2,039
-308
1,573
2,930
-1,357
2,578
3,989
-1,411
-194
368
-562
Nondurable goods 3
Change in book value
Inventory valuation adjustment.
322
2,113
-1,791
1,468
1,273
195
-210
-974
764
2,684
-1,990
2,562
2,430
132
272
-528
800
-70
102
-235
-221
-14
1,053
1,078
-25
1,179
1,448
-128
274
-402
-21
1,084
-1,105
566
706
-140
4
-401
405
1,356
2,458
-1,102
308
604
-296
203
-103
282
244
1,115
1,195
-80
434
1,062
-183
1
322
Durable goods 4
Change in book value
Inventory valuation adjustment..
138
369
-231
470
828
-358
-103
-158
55
785
1,144
-359
554
718
-164
34
168
-134
48
111
-63
757
1,046
-127
217
-344
29
214
-185
Nondurable goods *
Change in book value
Inventory valuation adjustment-
-159
715
-874
96
-122
218
107
-243
350
571
1,314
-743
-246
—114
-132
627
273
354
66
35
31
234
133
101
358
149
209
561
845
-284
-212
0
-212
603
2,249
-1,646
1,229
-358
-899
541
2,131
3,351
-1,220
39
526
-487
-36
-255
219
405
645
-240
144
215
-71
2,092
1,777
-548
2,294
-202
863
1,226
-447
Durable goods <
Change in book value
Inventory valuation adjustment.
1,176
1,435
-259
741
1,125
-384
-357
27
1,376
1,641
-265
220
485
-265
-127
-89
-38
345
471
-126
-245
-118
-127
1,066
1,357
-291
-317
48
679
914
-235
Nondurable goods *
Change in book value
Inventory valuation adjustment-
-573
814
-1,387
488
652
-164
-28
-542
514
755
1,710
-955
-181
41
-222
91
-166
257
174
-114
1,026
937
500
815
-315
100
312
-212
266
923
-657
-90
306
-396
-275
-485
210
349
754
-405
838
976
-138
-4
33
-37
-609
-489
-120
333
56
27
39
-12
-347
-77
-270
701
908
-207
527
558
-31
1,240
By industry
Manufacturing
Change in book value
Inventory valuation adjustment.
Wholesale trade
Change in book value
Inventory valuation adjustment-
Retail trade
Change in book value
Inventory valuation adjustment-
Other
Change, in book value
Inventory valuation adjustment.
815
2,081
-1,266
2,048
4,094
-2,046
586
980
-394
*Eevised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT BUSINESS.
1. Consists of the domestic activities of all entities filing corporate tax returns, mutual
financial institutions, private noninsured pension funds, cooperatives subject to Federal
income taxes, nonprofit organizations serving business, Federal Reserve banks, and federally
sponsored credit agencies.
2. Consists of the business activities reported on the individual income tax return in Schedule C—Profiit (or loss) from Business or Profession and in Schedule E—Supplemental
Income Schedule; all entities filing partnership income returns; tax-exempt cooperatives; and
owner-occupied nonfarm dwellings and buildings owned by non-profit institutions serving
individuals, which are considered to be business establishments selling their current
services to their owners.
100
-304
-272
-32
183
214
-397
779
3. Classified as durable or nondurable by type of product produced by the establishment
holding the inventory.
4. Classified as durable or nondurable by type of product sold by the establishment holding the inventory.
NOTE.—Beginning with 1972, the inventory valuation adjustment (IVA) shown in this
table differs from that which adjusts business income. The IVA in this table reflects the mix
of methods (first in-first out, last in-first out, etc.) underlying book value inventories derived
primarily from Census Bureau statistics. This mix differs from that underlying business
income derived from statistics tabulated by the Internal Revenue Service and other sources.
Prior to 1972, the two I VA's are the same because information required for separate estimates
is not available. The industry classification is based on the 1967 Standard Industrial Classification beginning with 1948 and on the 1942 Standard Industrial Classification prior to 1948.
173
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
Legal Form of Organization and by Industry: Annually, 1946-74
dollars]
1958
1959
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973*
1974*
Line
-2,339
5,313
3,471
1,918
5,766
5,172
6,388
8,498
14,480
9,364
7,601
9,235
3,666
5,073
8,832
14,051
11,609
1
-2,028
-311
5,820
-507
3,053
418
1,888
30
5,670
96
5,370
-198
6,979
-591
10,561
-2,063
16,858
-2,378
11,362
-1,998
11,497
-3,896
15,232
-5,997
9,239
-5,573
10,545
-5,472
16,423
-7,591
35.237
-21,186
58,126
-46,517
2
3
-2,537
-2,282
-255
4,353
4,806
-453
2,736
2,409
327
1,975
1,885
90
5,033
4,895
138
4,416
4,569
-153
5,546
6,089
-543
7,275
9,140
-1,865
13,141
15,239
-2,098
8,878
10,622
-1,744
6,930
10,377
-3,447
8,442
13,968
-5,526
3,495
8,562
-5,067
3,796
8,825
-5,029
7,661
14,504
-6,843
12,585
31,933
-19,348
11,566
53,941
-42,375
4
5
6
198
254
-56
960
1,014
-54
735
644
91
-57
3
-60
733
775
-42
756
801
-45
842
890
-48
1,223
1,421
-198
1,339
1,619
-280
486
740
-254
671
1,120
-449
793
1,264
-471
171
677
-506
1,277
1,720
-443
1,171
1,919
-748
1,466
3,304
-1,838
43
4,185
-4,142
7
8
9
-2,071
-1,865
-206
2,131
2,479
-348
1,220
1,022
198
1,449
1,264
185
3,437
3,265
172
1,863
1,981
-118
3,100
3,421
-321
3,694
4,775
-1,081
8,476
9,498
-1,022
5,839
6,699
-860
4,264
6,080
-1,825
4,602
7,702
-3,100
1,192
3,773
-2,581
-1,668
1,374
-3,042
2,113
5,608
-3,495
6,242
16,389
-10,147
8,331
31,956
-23,625
10
11
12
-2,033
-1,712
-321
1,166
1,597
-431
735
465
270
397
278
119
2,227
2,075
152
1,251
1,373
-122
2,292
2,715
-423
3,276
3,762
-486
6,513
7,352
-839
4,281
5,108
-827
2,712
4,064
-1,352
3,471
5,766
-2,295
310
2,532
-2,222
-2,349
-168
-2,181
2,232
3,908
-1,676
6,328
10,984
-4,656
4,579
19,983
-15,404
13
14
15
-38
-153
115
965
882
83
485
557
-72
1,052
986
66
1,210
1,190
20
612
608
4
808
706
102
418
1,013
-595
1,963
2,146
-183
1,558
1,591
-33
1,552
2,025
-473
1,131
1,936
-805
882
1,241
-359
681
1,542
-861
-119
1,700
-1,819
-86
5,405
-5,491
3,752
11,973
-8,221
16
17
18
-12
18
-30
1,470
1,468
2
477
425
52
591
581
10
788
781
7
1,482
1,448
34
1,025
1,110
-85
1,145
1,594
-449
2,704
3,110
-406
1,546
1,828
-282
909
1,638
-729
1,512
2,577
-1,065
2,024
2,776
-752
1,426
2,436
-1,010
2,222
3,907
-1,685
2,744
7,627
-4,883
3,893
11,013
-7,120
19
20
21
-43
34
-77
769
893
-124
552
386
166
300
314
-14
640
581
59
692
716
-24
713
825
-112
876
966
-90
1,722
2,013
-291
698
996
-298
923
1,404
-481
1,214
1,752
-538
698
1,270
-572
1,228
1,814
-586
1,503
2,018
-515
1,274
2,805
-1,531
2,861
6,888
-4,027
22
23
24
31
-16
47
701
575
126
-75
39
-114
291
267
24
148
200
-52
790
732
58
312
285
27
269
628
-359
982
1,097
-115
848
832
16
-14
234
-248
298
825
-527
1,326
1,506
-180
198
622
-424
719
1,889
-1,170
1,470
4,822
-3,352
1,032
4,125
-3,093
25
26
27
-242
-195
-47
1,173
1,203
-30
1,592
1,524
68
-695
-522
-173
1,567
1,657
-90
1,329
1,429
-100
1,620
1,681
-61
2,888
3,255
-367
2,935
3,596
-661
304
951
-647
2,027
2,992
-965
2,122
3,321
-1,199
-372
1,144
-1,516
4,656
5,385
-729
2,711
4,503
-1,792
3,903
7,929
-4,026
-1,264
8,395
-9,659
28
29
30
-702
-654
-48
430
512
-82
1,082
900
182
-1,009
-862
-147
671
701
-30
676
739
-63
634
719
-85
1,882
1,893
-11
1,724
1,960
-236
-425
61
-486
1,470
1,886
-416
1,004
1,448
-444
-1,193
-366
-827
2,885
3,133
-248
1,556
2,199
-643
2,405
3,547
-1,142
21
4,653
-4,632
31
32
33
460
459
1
743
691
52
510
624
-114
314
340
-26
896
956
-60
653
690
-37
986
962
24
1,006
1,362
-356
1,211
1,636
-425
729
890
-161
557
1,106
-549
1,118
1,873
-755
821
1,510
-689
1,771
2,252
-481
1,155
2,304
-1,149
1,498
4,382
-2,884
-1,285
3,742
-5,027
34
35
36
-14
14
-28
539
670
-131
182
82
100
573
565
8
-26
-33
7
498
512
—14
643
767
-124
771
937
-166
365
654
-289
1,675
1,884
-209
401
778
-377
999
1,632
-633
822
1,546
-724
659
1,350
-691
1,786
2,405
-619
1,162
3,292
-2,130
649
6,762
-6,113
37
38
39
174
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
Table 5.9.—Inventories and Final Sales of Business
[Billions of
I
1
II
III
Inventories 1
IV
I
III
II
1949
1948
1947
1946
Line
I
IV
II
III
IV
I
III
II
IV
73.7
86.9
90.6
81.0
2
3
4
5
Farm
Nonfann
Durable goods .
Nondurable goods
21 8
51.9
25 8
61.1
27 8
33.3
23.4
67.2
30.0
37.1
19.5
61.4
28.0
33.4
6
7
8
Manufacturing
Durable goods
Nondurable goods
26 7
31.8
14.9
16 9
34.8
16.0
18.8
31.0
14.6
16.5
9
10
11
Wholesale trade. _
Durable goods
Nondurable goods
9.6
10.6
57
4.9
11.3
6.1
5.2
10.9
5.9
5.0
12
13
14
Retail trade
Durable goods _.
Nondurable g o o d s . . .
11 9
14 1
5.8
8.3
16.1
6.4
9.7
15.0
6.2
8.8
15
Other
16
17
18
.
Final sales
192.0
Ratio of inventories to final s a l e s . . .
Nonfarm K
I
Inventories !
Farm
.
Nonfarm
. .
Durable goods
Nondurable goods
6
7
8
Manufacturing.. _
Durable goods
Nondurable goods
9
10
11
Wholesale trade
Durable goods
Nondurable goods
12
13
14
Retail trade
Durable goods
Nondurable goods .
15
III
Other
.
.
.396
.384
.345
.278
.285
.262
IV
17
Ratio of inventories to final sales
I
III
II
Nonfarm 3
rv
II
II
III
IV
128.9
III
IV
131.7
131.2
132.3
23.6
108.7
58.3
50.4
I
II
129.1
18.3
103.5
54.3
49.1
20 9
105.8
56.1
49.6
24.9
103.9
54.4
49.5
24.7
104.4
56.2
48.2
24.5
107.2
58.3
48.9
57.5
33.6
23.8
57.9
34.2
23.7
56.0
32.4
23.6
55.7
33.4
22.3
56.9
34.4
22.5
56.5
33.9
22.6
57.5
34.6
22.9
16.7
9.3
7.4
16.9
9.4
7.5
16.9
9.5
7.5
16.7
9.5
7.2
17.3
9.9
7.4
17.4
9.8
7.6
18.0
10.1
7.9
22.9
9.5
13.4
24.0
10.4
13.6
24.1
10.4
13.7
24.5
10.8
13.7
25.2
11.4
13.9
25.3
11.3
14.0
25.3
11.0
14.3
6.4
6.9
6.9
7.6
7.8
7.8
8.0
377.0
392.7
405.0
414.4
421.4
427.4
426.7
.323
.323
.318
.312
.313
.307
.310
.269
.257
.252
.254
.251
.255
1966
I
I
126.7
.274
Line
1959
1958
24.1
107.1
57.6
49.5
. . .
Final sales K
4.4
234.6
.384
121.8
. . . .
16
4.9
235.7
1957
..
2
3
4
5
18
II
4.6
219.6
.270
1956
Line
1
*
3.7
2
1968
1967
III
IV
I
II
III
IV
I
II
III
IV
1
Inventories J
177.3
181.9
185.9
189.1
191.4
194.3
197.6
202.2
205.6
208.7
212.2
215.3
2
3
4
5
Farm
Nonfarm
Durable goods . .
Nondurable goods
30.6
146.7
80.7
66.0
30.4
151.5
84.0
67.4
30.5
155.4
86.7
68.7
28.9
160.2
90.2
70.0
28.1
163.3
92.1
71.3
29.1
165.3
93.0
72.3
29.0
168.6
95.2
73.4
29.2
173.0
98.1
74.9
29.9
175.7
99.9
75.7
30.2
178.5
101.8
76.7
30.6
181.7
103.7
78.0
30.4
184.9
105.9
79.0
6
7
8
Manufacturing
Durable goods
Nondurable goods
75.6
46.8
28.7
78.2
48.7
29.5
80.8
50.9
29.9
83.4
53.2
30.3
86.0
55.0
31.0
87.5
56.1
31.4
88.8
57.1
31.7
91.1
58.9
32.2
92.1
59.7
32.4
93.5
60.5
33.0
95.5
61.8
33.6
97.4
63.2
34.2
9
10
11
Wholesale trade .
Durable goods
Nondurable goods
24.9
14.6
10.3
25.5
15.1
10.5
26.2
15.4
10.8
27.2
16.0
11.1
27.7
16.3
11.4
27.7
16.4
11.4
28.4
16.7
11.7
29.2
17.2
12.0
29.4
17.3
12.1
30.0
17.7
12.3
30.5
18.2
12.3
30.9
18.6
12.3
12
13
14
Retail trade
Durable goods
Nondurable goods
35.4
15.6
19.8
36 8
16.6
20.2
37.2
16.6
20.6
38.0
17.1
21.0
38.0
16.9
21.1
38.1
16.6
21.5
38.6
17.0
21.7
39.2
17.3
21.9
40.0
17.6
22.4
40.9
18.3
22.5
41.3
18.5
22.9
42.2
19.0
23.1
15
Other
10.9
11.0
11.2
11.6
11.6
12.0
12.8
13.5
14.2
14.1
14.3
14.4
757.6
16
17
18
Final sales
2
.
Ratio of inventories to final sales
Nonfann 3
.
624.8
632.4
642.4
647.5
656.2
668.3
677.8
688.0
710.7
726.1
743.5
.284
.288
.289
.292
.292
.291
.292
.294
.289
.287
.285
.284
.246
.244
.244
.235
.240
.242
.247
* Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT BUSINESS.
1. Inventories are as of the end of the quarter. The quarter-to-quarter change in inventories
calculated from current-dollar inventories shown in this table is not the current-dollar change
.249
.247
.249
.251
.247
in business inventories (CBI) component of G N P . The former is the difference between two
inventory stocks, each valued at end-of-quarter prices. The latter is the change in the physical
volume of inventories valued at average prices of the quarter. In addition, changes calculated
from this table are at quarterly rates, whereas CBI is stated at annual rates.
2. Quarterly totals at annual rates.
175
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
Seasonally Adjusted Quarterly Totals, 1946-74
dollars]
1950
I
1951
III
II
IV
I
II
1952
III
IV
I
II
III
IV
I
II
1955
1954
1953
III
IV
I
Line
III
II
I
IV
II
III
IV
98.8
112.1
109 4
110 1
107.2
112.1
1
24.2
74.6
34.6
40.0
26.5
85.6
41.0
44.6
23.1
86.3
42.8
43.5
21.6
88.5
45.5
43.0
20.5
86.7
43.5
43.2
17.6
94.6
48.7
45.9
2
3
4
5
37.4
18.0
19.4
46.2
23.6
22.6
47 3
25 5
21 7
49.3
27 8
21 5
47 0
25.7
21.2
51.4
29.0
22.4
6
7
8
13.4
7.3
6.1
14.0
7.6
6.4
14 0
77
6.3
14.2
78
6.4
14.5
8.0
6.5
15.6
8.7
7.0
9
10
11
18.6
7.7
10.9
19.2
7.9
11.3
18.8
77
11.1
19 5
8.2
11.2
19.7
8.1
11.6
21.9
9.3
12.6
12
13
14
15
5.2
6.2
6.2
5.5
5.6
5.6
259.8
295.6
313.3
325.8
330.1
356.5
16
.380
.379
.349
338
.325
.315
17
.287
.290
.275
.272
.263
.265
18
1960
1961
1962
1965
1964
1963
Line
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
136.1
136.3
136.7
136.2
135.5
134.9
136.9
138.4
140.8
142.1
144.7
145.2
146.0
147.9
149.9
151.5
152.5
153.5
155.8
157.6
161.4
165.9 168.6 172.7
1
24.5
111.6
60.6
51.0
24.0
112.2
60.7
51.6
24.4
112.3
60.4
51.9
24.8
111.3
59.6
51.8
24.9
110.5
58.4
52.2
24.2
110.7
58.2
52.5
24.9
112.1
58.8
53.2
25.0
113.4
59.5
53.9
25.6
115.2
60.8
54.4
25.4
116.7
61.5
55.1
26.5
118.3
62.5
55.7
26.6
118.6
62.7
55.9
26.4
119.6
63.3
56.4
26.7
121.3
64.3
57.0
26.9
123.0
65.3
57.7
26.9
124.6
66.0
58.6
26.6
125.9
67.1
58.8
26.0
127.5
68.3
59.2
26.1
129.7
69.5
60.2
25.7
131.8
70.9
60.9
26.6
134.8
73.0
61.8
28.2 28.0 29.7
137.7 140.6 143.0
75.2 77.3 78.3
62.5 63.3 64.8
2
3
4
5
58.6
35.5
23.1
58.9
35.5
23.4
58.9
35.3
23.6
58.1
34.6
23.5
57.8
34.0
23.8
57.9
33.9
23.9
58.6
34.4
24.2
59.5
35.0
24.5
60.6
36.0
24.7
61.4
36.4
25.0
62.3
36.8
25.5
62.5
36.9
25.6
62.8
37.2
25.6
63.8
38.0
25.8
64.3
38.4
26.0
64.8
38.5
26.3
65.3
39.0
26.3
65.6
39.4
26.1
66.5
40.2
26.4
68.5
41.6
26.9
69.2
42.2
27.1
70.6
43.4
27.2
72.3
44.8
27.5
73.7
45.4
28.2
6
7
8
18.5
10.6
7.8
18.6
10.7
8.0
18.5
10.6
7.9
18.4
10.5
5.9
18.5
10.4
8.1
18.6
10 4
8.2
18.9
10.7
8.2
19.0
10.8
8.2
19.2
11.0
8.2
19.5
11.1
8.4
19.6
11.3
8.3
19.7
11.3
8.3
19.8
11.5
8.4
20.3
11.8
8.5
20.8
12.0
8.8
21.2
12.1
9.1
21.4
12.2
9.2
21.7
12.5
9.2
22.0
12.7
9.4
22.3
12.9
9.4
23.1
13.4
9.7
23.5
13.6
9.9
23.9
13.9
10.0
24.0
13.9
10.1
9
10
11
26.5
11.8
14.7
26.7
12.0
14.7
26.8
12.0
14.9
26.8
11.9
14.9
26.0
11.3
14.7
25.9
11.2
14.7
26.3
11.2
15.1
26.3
11.0
15.2
26.7
11.1
15.6
27.0
11.2
15.8
27.7
11.6
16.1
27.9
11.7
16.2
28.1
11.7
16.4
28.3
11.7
16.6
28.9
12.0
16.9
29.4
12.5
16.9
29.9
12.9
17.0
30.6
13.2
17.4
31.5
13.7
31.1
13.2
17.8
17.8
32.3
14.1
18.3
33.1
14.5
18.6
33.7
14.9
18.8
34.4
15.1
19.3
12
13
14
8.0
8.0
8.0
8.1
8.2
8.3
8.4
8.7
8.6
8.7
8.7
8.6
8.8
8.9
9.0
9.2
9.3
9.6
9.7
9.9
10.5
10.7
10.9
15
434.0
439.3
439.6
442.1
443.6
449.6
453.8
465.3
473.0
482.2
487.7
492.7
497,9
505.3
514.7
524.2
534.8
541.7
579.6 592.3 610.7
16
.314
.310
.311
.308
.305
.300
.302
.297
.298
.295
.297
.295
.293
.293
.291
.289
.285
.283
.257
.256
.255
.252
.249
.246
.247
.244
.244
.242
.243
.241
.240
.240
.239
.238
.235
.235
1969
1970
1971
1972
550.1
553.1
.283
.285
.236
.238
10.2
565.9
II
.285
.286
.285
.283
17
.238
.238
.237
.234
18
1974*
1973*
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
220.5
225.8
230.7
236.2
238.2
240.7
243.2
244.2
249.3
253.7
257.0
261.9
265.1
271.2
277.8
288.6
304.2
317.8
333.4
353.6
371.7
31.3
189.2
108.6
80.6
32.6
193.2
110.7
82.5
32.1
198.6
114.4
84.2
33.4
202.8
117.3
85.5
33.4
204.9
118.2
86.6
33.1
207.6
119.7
87.9
32.6
210.6
121.2
89.4
31.7
212.5
121.2
91.3
33.9
215.4
122.7
92.8
34.2
219.5
125.3
94.1
34.4
222.6
127.2
95.4
36.8
225.1
127.9
97.2
37.5
227.6
129.1
98.4
39.6
231.6
131.2
100.4
40.8
237.0
133.7
103.3
44.6
243.9
138.1
105.8
50.7
253.6
143.2
110.3
56.1
261.7
147.5
114.2
62.0
271.4
152.6
118.8
64.1
289.5
162.1
127.4
63.2
308.5
172.2
136.3
99.6
64.8
34.8
102.0
66.6
35.4
104.9
68.8
36.1
107.1
70.6
36.5
108.6
71.8
36.9
109.6
72.4
37.2
110.2
72.8
37.4
110.8
73.0
37.8
110.9
72.6
38.3
112.4
73.7
38.7
112.9
73.8
39.1
113.6
73.7
39.9
114.2
74.1
40.1
115.4
74.9
40.5
117.9
76.5
41.5
120.4
78.1
42.3
125.3
81.3
44.0
129.0
83.6
45.4
134.5
87.2
47.3
143.7
93.4
50.3
31.6
19.1
12.6
32.4
19.6
12.8
33.1
20.1
13.0
33.8
20.6
13.2
34.4
20.9
13.5
35.0
21.2
13.8
35.9
21.7
14.2
36.8
22.0
14.8
37.0
22.3
14.7
37.8
22.9
14.9
38.4
23.3
15.1
39.4
24.0
15.4
39.9
24.3
15.6
40.7
24.9
15.8
42.3
25.4
16.8
43.6
26.2
17.4
45.7
27.2
18.6
47.4
28.0
19.4
49.3
28.4
20.9
43.2
19.6
23.6
43.6
19.3
24.3
44.9
20.1
24.8
45.9
20.6
25.2
45.6
20.3
25.3
46.5
20.7
25.8
47.4
21.2
26.2
47.1
20.4
26.8
49.3
21.8
27.6
50.6
22.6
28.0
52.5
23.9
28.6
52.9
23.9
29.0
53.8
24.1
29.7
55.0
24.4
30.6
55.8
24.5
31.3
58.0
26.1
32.0
59.8
26.6
33.2
61. &
27.6
34.3
14.8
15.2
15.7
16.1
16.2
16.6
17.0
17.7
18.2
18.6
18.8
19.2
19.7
20.5
21.0
21.8
22.6
23.4
772.0
783.6
794.8
804.5
814.2
822.7
834.5
839.4
865.3
881.0
900.8
915.2
945.9
967.9
.286
.288
.290
.294
.293
.292
.291
.291
.288
.288
.285
.286
.280
.280
.282
.283
.287
.245
.247
.250
.252
.252
.252
.252
.253
.249
.249
.247
.246
.241
.239
.240
.239
.239
3. Equals ratio of nonfarm inventories to final sales of business. These sales include a small
amount of final sales by farms.
NOTE.—Inventories are classified as durable or nondurable as follows: For manufacturing,
by the type of product produced by the establishment holding the inventory; for trade, by the
III
Line
III
IV
387.7
413.9
422.3
1
57.2
330.5
185.6
144.9
61.0
353.0
197.3
155.6
57.6
364.8
205.4
159.3
2
3
4
6
154.9
100.8
54.2
168.3
109.8
58.5
181.6
117.3
64.3
188.6
121.2
67.4
6
7
8
52.8
30.0
22.8
57.0
31.9
25.1
60.7
34.5
26.2
64.6
37.0
27.6
66.3
38.6
27.7
9
10
11
63.3
28.5
34.8
67.0
29.9
37.1
68.4
30.2
38.2
70.8
31.1
74.6
32.6
42.0
76.5
35.1
41.4
12
13
14
24.3
26.0
28.2
32.2
33.4
15
1,198.7 1,202.7
1,166.5 1
.345
.351
.326
.332
.294
.303
.271
.283
17
986.5 1,019.9 1,059.9 1,077.1 1,104.3 1,119.6 1,139.4
.295
.302
.316
.243
.246
.259
39.7
30.6
16
18
type of product sold by the establishment holding the inventory; for construction, durable;
and for other nonfarm industries, nondurable. The industry classification is based on the 1967
Standard Industrial Classification beginning with 1948 and on the 1942 Standard Industrial
Classification prior to 1948.
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
176
Table 5.10.—Inventories and Final Sales of Business in
[Billions of
1947
1948
1949
Line
I
Inventories l
1
2
3
4
5
II
..._,.
Farm
Nonfarm
Durable goods
Nondurable goods
6
7
8
.
25.7
93.0
50.5
42.5
III
II
IV
I
119.7
.
26.2
93.5
48.3
45.2
20.5
9.3
11.2
Final sales 2
.
397.2
Ratio of inventories to final sales
.
Retail trade
Durable goods
15
Other
.
.
.
.
.
..
.299
.
27 5
102 7
54 6
48.0
17 0
10 1
6.8
22.5
10.4
12.1
22.0
10.0
12.0
25 2
11 8
13.4
412.0
J
7.8
8.7
415.1
442.6
.288
.236
.
.294
.225
.
1958
III
IV
l
I
130 2
15.0
8.9
6.2
1957
II
IV
•
III
II
.232
1959
Line
I
III
15.0
9.0
6.0
.301
I
.234
II
51 8
30 8
21.0
.
8.6
.
I
48.6
28.4
20.2
8.7
Nonfarm 3
IV
26.7
97.3
52.0
45.4
.
12
13
14
. .
III
124.1
13.8
8.0
5.8
.
II
.
51.3
30.8
20.5
Wholesale trade
Durable goods
Nondurable goods
18
118.6
.
.
9
10
11
17
.
I
49.9
31.2
18.7
Manufacturing
Durable goods
16
IV
III
1950
IV
I
II
III
IV
1
Inventories
162.6
160.8
162.0
165 2
165.2
167.2
2
3
4
5
Farm
. . . . .
Nonfarm
Durable goods
Nondurable goods
31.4
131.2
73.5
57.8
32.4
128.4
70.0
58.3
32.4
129.6
71.1
58.5
32.4
132.8
73.4
59.4
32.4
132.8
72.5
60.3
32.4
134.8
73.3
61.5
6
7
8
Manufacturing- .
Durable goods
Nondurable goods
71.1
45.0
26.1
68.6
42.5
26.1
69.2
42.9
26.2
70.4
43 9
26.5
70.0
43.3
26.7
71.1
43.9
27.2
9
10
11
Wholesale trade
Durable goods
Nondurable goods . . .
20.3
11.6
8.8
20.3
11.5
8.8
20.5
11.7
8.7
21.2
12.3
8.9
21.4
12.1
9.3
22.1
12.4
9.7
12
13
14
Retail trade .
Durable goods
Nondurable goods
30.0
13.9
16.1
29.7
13.0
16.7
30.0
13.2
16.8
30.9
13.8
17.1
31.1
13.8
17.3
31.1
13.5
17.6
15
Other
16
17
18
.
. .
Final sales 2
Ratio of inventories to final sales
.
Nonfarm 3 _
9.8
9.8
10.0
10.3
10.3
10.5
565.3
577.2
586.8
593.9
598.8
596.8
.288
.279
.276
.278
.276
.280
.232
.222
.221
.224
.222
.226
1966
Line
1968
1967
III
IV
II
237.7
239.3
242.2
244.5
246.4
36.8
200.9
115.2
85.7
36.9
202.3
116.2
86.1
37.0
205.3
118.3
87.0
37.0
207.5
119.5
88.1
37.0
209.4
120.8
88.6
104.6
68.5
36.1
105.9
69.6
36.3
106.2
69.8
36.4
108.0
71.0
36.9
109.6
72.0
37.6
110.7
72.7
38.0
32.6
19 4
13.2
33.2
19 6
13.6
33.9
19.9
13.9
33.8
19.9
13.9
34.4
20.3
14.0
34.7
20.6
14.0
34.9
21.0
13.9
44 1
19.4
24.7
44 4
19.6
24.8
44.8
19.7
25.0
45.3
20.0
25.3
46.0
20.7
25.3
46.2
20.7
25.5
47.0
21.2
25.7
II
212.3
216.8
220.6
225.7
229.3
231.2
234.3
36.5
175.9
99.1
76.8
36.4
180.4
102.2
78.2
36.3
184.3
105.2
79.1
36.0
189.7
108.8
80.8
36 1
193.3
110 7
82.6
36 2
195.0
111 6
83.4
36.5
197.8
113.1
84.6
Manufacturing
Durable goods
Nondurable goods .
90.6
57.9
32.7
93.2
59.7
33.5
96 0
62.2
33.8
99.0
64.5
34.5
102 0
66.6
35.4
103 5
67.7
35.8
9
10
11
Wholesale t r a d e Durable goods
Nondurable goods
29.6
17.7
11.9
30.2
18.1
12.1
30.8
18 5
12.4
32.0
19.1
12.9
32.7
19 4
13.3
12
13
14
Retail trade
Durable goods
Nondurable goods
41.9
18.7
23.2
43.2
19.7
23.5
43 6
19.7
23.8
44.4
20.2
24.2
44 3
19 9
24.4
15
Other
1
2
3
4
5
6
7
8
16
17
18
Inventories 1
Farm
Nonfarm
_.
Durable goods
Nondurable goods
Final s a l e s 2 . .
Ratio of inventories to final sales....
Nonfarm 3
II
III
IV
III
13.7
13.7
13.9
14.3
14.3
14.7
15.6
16.3
17.0
16.9
17.1
16.8
801.4
801.9
810.1
809.2
814.3
827.6
832.2
837.2
854.3
863.2
877.6
882.8
.265
.270
.272
.279
.282
.279
.281
.284
.280
.281
.279
.279
.219
.225
.227
.234
.237
.236
.238
.240
.237
.238
.236
.237
* Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT BUSINESS.
I
IV
I
I
1. Inventories are as of the end of the quarter. Quarter-to-quarter changes calculated from
this table are at quarterly rates, whereas the constant-dollar change in business inventories
components of U N P is stated at annual rates.
2. Quarterly totals at annual rates.
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
177
Constant Dollars: Seasonally Adjusted Quarterly Totals, 1947-74
1972 dollars]
I
1955
1956
Line
III
II
1954
1953
1952
1951
IV
I
III
II
IV
I
III
II
IV
I
II
III
IV
II
I
III
IV
I
II
III
IV
143.9
148.2
149.7
147.5
155.3
161.1
1
29 1
114 8
64.5
50.3
30.4
117.9
66.2
51.7
30.2
119.6
67.6
51.9
31.1
116.5
64.0
52.4
31.5
123.7
68.2
55.5
30.7
130.3
72.0
58.4
2
3
4
5
62.5
38.7
23.8
65.2
41.1
24.1
66.9
42.8
24.1
63.3
39.5
23.8
66.7
41.6
25.2
71.6
44.9
26.6
6
7
8
17 5
10.9
6.6
17.9
10.5
7.4
18.1
10.6
7.5
18.4
10.5
7.8
19 9
11.6
8.3
20.5
11.5
9.0
9
10
11
25.3
12.1
13.2
25.3
11.9
13.4
25.8
12.4
13.5
26.0
12.0
14.0
28.7
13.5
15.3
29.0
13.1
16.0
12
13
14
9.5
9.6
8.7
8.8
8.4
9.2
15
476.5
499.1
516.2
517.0
547.4
557.6
16
.302
.297
.290
.285
.284
.289
17
.241
.236
.232
.225
.226
.234
18
1960
1962
1961
1963
1964
1965
Line
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
170.6
171.8
172.6
171.6
170.7
171.1
172.8
174.5
177.1
179.4
181.4
182.6
184.5
186.3
188.6
190.4
191.9
193.9
195.7
197.7
201.0
203.7 206.8 209.0
1
36.2
172.8
96.9
75.9
2
3
4
5
II
III
IV
32.5
138.1
76.2
61.9
32.5
139.3
76.8
62.5
32.7
139.9
77.0
62.8
32.8
138.8
76.2
62.7
32.9
137.8
74.6
63.2
32.9
138.2
74.1
64.1
33.1
139.7
75.0
64.7
33.2
141.2
76.1
65.2
33.5
143.6
77.8
65.8
33.8
145.6
78.8
66.8
34.1
147.3
80.1
67.1
34.5
148.1
80.5
67.6
34.8
149.7
81.3
68.4
35.2
151.1
82.4
68.7
35.4
153.1
83.3
69.8
35.7
154.7
83.9
70.8
35.6
156.3
85.0
71.3
35.4
158.5
86.3
72.1
35.2
160.5
87.5
73.0
35.1
162.6
88.9
73.7
35.2
165.8
91.4
74.4
72.4
45.2
27.3
72.9
45.4
27.5
73.3
45.5
27.8
72.4
44.7
27.7
72.1
44.0
28.1
72.3
43.8
28.6
73.1
44.4
28.7
74.2
45.2
29.0
75.7
46.6
29.1
76.9
47.3
29.6
77.9
47.9
30.0
78.4
48.1
30.3
79.1
48.7
30.4
79.8
49.4
30.4
80.4
49.7
30.7
80.8
49.7
31.1
81.3
50.1
31.2
81.8
50.6
31.2
82.6
51.2
31.4
84.7
52.7
32.0
85.4
53.4
32.0
86.4
54.6
31.8
87.9
56.0
31.9
89.1
56.7
32.4
6
7
8
22.7
13.1
9.5
22.9
13.3
9.7
22.8
13.3
9.5
22.7
13.1
9.6
22.9
13.1
9.9
23.1
13.0
10.1
23.3
13.3
10.0
23.4
13.5
9.9
23.8
13.7
10.0
24.2
14.0
10.2
24.1
14.1
10.0
24.3
14.3
10.1
24.6
14.4
10.2
25.1
14.8
10.3
25.7
15.0
10.7
26.2
15.1
11.1
26.4
15.2
11.2
26.9
15.5
11.4
27.1
15.7
11.4
27.5
16.0
11.5
28.3
16.5
11.7
28.5
16.7
11.8
28.9
17.0
11.9
28.9
17.1
11.8
9
10
11
32.5
14.5
18.0
32.8
14.8
18.1
33.1
14.9
33.0
14.8
18.2
31.9
14.0
17.9
31.8
13.8
18.0
32.2
13.7
32.2
13.6
18.6
32.7
13.7
19.0
33.0
13.7
19.3
33.7
14.2
19.5
34.0
14.4
19.6
34.4
14.4
20.0
34.5
14.3
20.2
35.1
14.7
20.4
35.7
15.2
20.4
36.3
15.7
20.7
37.2
16.0
21.2
38.1
16.6
21.6
37.6
16.0
21.6
39.0
17.0
22.0
39.7
17.5
22.2
40.4
18.0
22.4
41.0
18.2
22.8
12
13
14
10.5
10.6
10.7
10.8
10.9
13.6
13.7
13.8
15
604.7
609.0
609.0
612.0
618.9
757.2 769.4 791.3
16
.282
.282
.282
.279
.277
.228
.229
.228
.225
18.2
10.6
607.2
.284
.230
18.4
11.1
622.3
.278
.223
1969
.225
35.5 35.9
168.2 170.9
93.6 95.9
74.5 75.0
11.4
11.4
11.5
11.5
11.4
11.6
11.8
11.9
12.0
12.2
12.6
12.6
12.8
13.2
636.6
644.0
654.3
660.4
664.2
668.9
679.0
689.9
699.3
712.8
720.4
728.4
730.7
742.6
.274
.275
.275
.276
.273
.272
.269
.269
.271
.271
.269
.269
.264
17
.223
.222
.222
.218
18
.221
.223
.274
.223
1970
.275
.223
.223
.224
.274
.223
.222
.221
.219
.269
.220
1972
1971
.220
.223
1974*
1973*
Line
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
I
248.9
251.9
255.3
257.0
257.7
258.9
260.5
261.3
263.3
265.8
267.0
267.9
269.1
271.7
274.7
277.4
280.3
283.8
287.3
293.4
296.5
298.2 299.3 301.1
1
37.1
211.8
122.0
89.7
37.2
214.7
124.1
90.7
37.3
218.0
126.3
91.7
37.3
219.7
127.6
92.1
37.5
220.3
127.6
92.7
37.6
221.3
127.6
93.7
37.6
222.9
128.6
94.3
37.7
223.6
127.7
95.9
38.2
225.1
128.2
96.8
38.5
227.2
129.6
97.7
38.9
228.1
129.8
98.3
39.2
228.8
129.5
99.2
39.4
229.8
129.9
99.9
39.6
232.1
131.3
100.8
39.7
235.0
132.8
102.2
39.8
237.6
135.7
101.8
40.2
240.1
137.4
102.7
40.9
242.9
139.7
103.2
41.6
245.7
142.5
103.2
42.2
251.2
145.7
105.5
42.4
254.2
147.2
106.9
42.2 41.8 41.4
256.1 257.5 259.7
147.7 148.8 151.5
108.3 108.6 108.2
2
3
4
5
111.9
73.6
38.4
113.5
75.0
38.6
115.0
75.9
39.1
115.8
76.6
39.2
116.5
77.1
39.4
116.6
76.8
39.8
116.8
77.0
39.7
117.1
77.0
40.1
116.4
76.1
40.3
116.7
76.3
40.5
115.7
75.2
40.5
115.4
74.5
40.8
115.1
74.5
40.7
115.7
75.1
40.7
117.0
76.0
41.0
117.5
76.8
40.7
118.7
78.0
40.8
119.9
79.1
40.8
121.4
81.0
40.4
123.6
82.8
40.8
125.5
84.3
41.2
126.4 127.8 129.5
84.5 85.2 86.3
41.9 42.5 43.2
6
7
8
35.3.
21.2
14.1
35.9
21.8
14.1
36.2
22.0
14.2
36.5
22.3
14.2
37.0
22.5
14.5
37.4
22.6
14.8
38.1
23.0
15.1
38.7
23.1
15.6
38.6
23.2
15.4
39.2
23.6
15.6
39.5
23.9
15.7
40.1
24.3
15.8
40.4
24.5
15.9
40.8
24.9
15.9
41.8
25.3
16.6
42.4
25.8
16.5
42.9
26.2
16.7
43.4
26.6
16.8
43.7
26.6
17.1
45.0
27.2
17.8
46.4
27.8
18.7
47.6
28.5
19.1
47.7
29.0
18.8
48.1
29.5
18.6
9
10
11
47.5
21.5
26.0
47.7
21.3
26.4
48.8
22.1
26.7
49.4
22.5
26.9
48.9
22.0
26.9
49.3
22.1
27.2
49.8
22.4
27.4
49.0
21.2
27.8
50.9
22.4
28.5
52.0
23.2
28.8
53.6
24.4
29.2
53.7
24.2
29.6
54.4
24.2
30.1
55.0
24.4
30.7
55.3
24.4
30.9
56.5
25.7
30.8
57.0
25.8
31.2
57.8
26.5
31.3
58.4
27.2
31.2
60.3
28.0
32.2
59.7
27.5
32.2
59.5
26.9
32.5
59.1
26.8
32.3
59.2
27.9
31.3
12
13
14
20.8
21.3
21.5
21.9
22.2
22.4
22.6
22.7
22.8
22.9
15
984.3 1,007.6 1,032.7 1,030.9 1,037.8 1,030.8 1,027.3 1,026.3 1,020.6 992.5
It
II
III
IV
17.1
17.6
17.9
18.0
17.9
18.0
18.2
18.8
19.1
19.3
19.2
19.5
19.9
20.5
889.4
890.5
891.5
892.2
893.1
892.3
898.8
891.7
908.5
913.2
927.4
935.0
956.1
972.1
.280
.283
.286
.288
.289
.290
.290
.293
.290
.291
.288
.287
.281
.279
.279
.275
.271
.275
.277
.285
.289
.291
.293
.303
17
.238
.241
.245
.246
.247
.248
.248
.251
.248
.249
.246
.245
.240
.239
.239
.236
.233
.236
.237
.244
.247
.250
.252
.262
18
3. Equals ratio of nonfarm inventories to final sales of business. These sales include the small
amount oi final sales by farms.
NOTE.—Inventories are classified as durable or nondurable as follows: For manufacturing,
by the type of product produced by the establishment holding the inventory; for trade, by the
type of product sold by the establishment holding the inventory; for construction, durable;
and for other nonfarm industies, nondurable. The industry classification is based on the 1967
Standard Industrial Classification beginning with 1948 and on the 1942 Standard Industrial
Classification prior to 1948.
178
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
6. Product, Income, and Employment by Industry
Table 6.1—Gross National Product and Its
[Billions of
Ane
1
2
3
4
5
6
7
8
Gross domestic product
.
-.
15
Agriculture forestry and fisheries
16
17
18
19
20
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc
CaDital consumDtion allowances
21
Farms
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
1953
1954
1955
1956
1957
1958
1959
1960
232.8
259.1
258.0
286.2
330.2
347.2
366.1
366.3
399.3
420.7
442.8
448.9
486.5
506.0
129.2
69.4
2.1
19.0
1.8
11.3
141.4
82.5
2.1
20.8
-1.2
13.4
141.3
75.9
2.2
22.1
1.0
15.5
154.8
85.6
2.3
24.2
2.0
17.2
181.0
96.5
2.7
26.2
4.0
19.8
195.7
95.1
3.0
28.7
2.7
21.9
209.6
94.5
3.4
30.9
3.3
24.4
208.4
93.0
4.3
30.7
3.0
26.9
224.9
103.6
4.8
33.5
2.5
30.0
243.5
103.6
5.2
36.4
-.8
32.7
256.5
105.1
6.5
39.0
.2
35.5
258.2
103.5
8.0
40.2
1.7
37.3
279.6
115.2
8.8
43.6
-.2
39.6
294.9
112.9
9.8
47.4
-.7
41.8
231.8
257.9
256.9
284.8
328.7
345.7
364.6
364.5
397.3
418.5
440.5
446.6
484.0
503.5
129.1
68.7
1.9
19.0
1.8
11.3
141.4
81.7
1.8
20.8
—1.2
13.4
141.3
75.1
1.9
22.1
1.0
15.5
154.8
84.6
2.0
24.2
20
17.2
181.0
95.3
2.3
26.2
4.0
19.8
195.7
94.0
2.6
28.7
2.7
21.9
209.6
93.4
3.0
30.9
3.3
24.4
208.5
91.6
3.8
30.7
3.0
26.9
225.0
102.0
4.3
33.5
2.5
30.0
243.6
101.7
4.8
36.4
-.8
32.7
256.6
103.2
6.0
39.0
.2
35.5
258.3
101.7
7.4
40.2
1.7
37.3
279.7
113.4
8.1
43.6
-.2
39.6
295.1
110.9
9.1
47.4
—.7
41.8
..
20.8
24.0
19.5
20.8
23.8
23.2
21.3
20.7
19.9
19.7
19.5
21.9
20.3
21.5
.
3.1
15.8
.3
.7
1.0
3.3
18.4
.3
.7
1.3
3.1
13.7
.4
.8
1.6
3.2
14.4
.4
.8
1.9
3.3
16.9
.5
.9
2.2
3.3
15.9
.6
.9
2.4
3.2
13.9
.6
1.0
2.6
3.1
13.2
.6
1.0
2.8
3.1
12.2
.6
1.0
2.9
3.1
11.8
.7
1.0
3.0
. 3.2
11.4
.8
1.1
3.0
3.4
13.4
.8
1.1
3.2
3.5
11.4
.9
1.2
3.2
3.7
12.2
1.0
1.3
3.3
- -
20.2
23.3
18.8
20.0
22.9
22.2
20.3
19.6
18.8
18.6
18.4
20.7
19.1
20.2
2.8
15.5
.3
.6
1.0
3.0
18.1
.3
.7
1.2
2.8
13.3
.4
.8
1.5
2.8
14.1
.4
.8
1.8
2.9
16.5
.5
.9
2.1
2.9
15.5
.6
.9
2.4
2.7
13.5
.6
.9
2.5
2.6
11.7
.6
1.0
2.8
2.6
11.4
.7
1.0
2.9
2.7
10.9
.7
1.1
2.9
2.9
12.9
.8
1.1
3.0
3.0
11.0
.9
1.2
3.1
3.1
11.8
1.0
1.3
3.1
.6
.7
.7
.8
.9
1.0
1.0
2.6
12.8
.6
.9
2.7
1.0
1.1
1.1
1.1
1.2
1.2
1.2
.3
.3
0
0
0
.3
.3
0
0
0
.3
.3
0
0
.1
.4
.4
0
0
.1
.4
.4
0
0
.1
.4
.4
0
0
.1
.4
.4
0
0
.1
.5
.5
0
0
.1
.5
.5
0
0
.1
.5
.5
0
0
.1
.5
.4
0
0
.1
.5
.4
0
0
.2
.5
.4
0
0
.2
.6
.4
0
0
.2
6.8
9.3
8.1
9.2
10.2
10.1
10.6
10.9
12.3
13.4
13.5
12.4
12.3
12.6
3.1
2.6
0
.3
.8
3.6
4.3
0
.4
1.1
3.2
3.4
0
.4
1.2
3.5
3.9
0
.5
1.3
4.0
4.2
0
.5
1.5
4.1
3.8
0
.6
1.6
4.2
4.0
0
.6
1.8
3.8
4.5
0
.6
2.0
4.2
5.1
0
.6
2.4
4.8
5.4
0
.7
2.6
4.3
4.6
0
.7
2.7
4.4
4.2
.1
.8
2.9
4.4
4.1
.1
.8
3.1
8.9
11.2
11.3
12.7
15.1
16.3
16.8
16.8
18.1
20.1
21.0
20.6
22.3
22.7
6.2
2.3
0
.1
.3
7.5
3.2
0
.2
.4
7.4
3.2
0
.2
.5
8.4
3.5
0
.2
.5
10.5
3.7
0
.3
.6
11.4
3.9
0
.3
.7
12.0
3.7
0
.3
.7
12.2
3.5
0
.3
.8
13.1
3.6
0
.4
1.0
14.6
4.0
.1
.4
1.1
15.0
4.3
.1
.5
1.1
14.8
4.0
.1
.5
1.2
16.2
4.2
.1
.4
1.3
16.8
4.1
.1
.5
1.3
. . .
..
.
.. .
. . . . .
_
.
-
-
- -
Mining
Compensation of employees
Profit-type return
Net interest
Indirect business taxes etc
Capital consumption allowances
_. . ._
Contract construction
Compensation of employees
Profit-type return
Net interest
Indirect business taxes etc
Capital consumption allowances.
. . .
Compensation of employees
Profit-type return .
Net interest
Indirect business taxes, etc
Capital consumption allowances
Durable goods..
66.2
74.8
72.1
83.8
98.7
103.0
112.2
106.4
121.0
126.9
131.5
123.8
140.8
143.9
49.5
16.2
0
6.2
2.9
47.1
15.4
0
6.4
3.2
53.6
19.8
-.1
7.1
3.5
63.7
23.6
—.1
7.5
4.0
68.8
20.8
0
8.6
4.7
76.4
21.0
0
9.2
5.6
72.9
18.4
.1
8.7
6.4
80.0
24.1
0
9.7
7.2
86.4
22.5
0
10.1
7.7
90.2
21.9
.1
10.7
8.6
86.4
17.4
.3
10.6
9.1
95.7
24.2
.3
11.4
9.1
99.4
22.2
.3
12.3
9.7
-
32.7
36.6
35.0
38.1
43.3
44.1
46.3
45.6
50.3
53.2
53.8
54.1
59.8
61.3
. _._
19.5
7.3
0
4.8
1.2
21.9
8.7
0
4.7
1.4
21.5
7.0
0
4.8
1.6
23.5
7.7
0
5.2
1.7
26.0
10.0
0
5.4
1.9
27.3
8.5
0
6.1
2.1
29.2
8.5
0
6.3
2.3
29.3
7.4
.1
6.1
2.7
31.3
9.5
0
6.4
3.1
33.4
9.4
0
7.0
3.3
34.7
8.1
.1
7.3
3.7
34.7
7.6
.1
7.5
4.1
37.6
10.1
.2
7.9
4.0
33.5
38.1
37.1
45.8
55.4
58.9
65.9
60.8
70.6
73.7
77.7
69.7
81.0
38.9
9.7
.1
8.6
4.0
82.5
25.2
5.8
0
1.3
1.3
27.6
7.6
0
1.5
1.5
25.5
8.4
-.1
1.6
1.7
30.1
12.1
-.1
1.9
1.8
37.7
13.6
-.1
2.1
2.2
41.6
12.3
0
2.4
2.6
47.2
12.5
0
3.0
3.2
43.6
11.0
0
2.6
3.7
48.7
14.6
3.3
4.1
53.0
13.1
0
3.1
4.4
55.5
13.8
0
3.4
4.9
51.7
9.8
.1
3.1
5.0
58.2
14.1
.2
3.4
5.2
13.6
15.1
14.5
16.0
18.0
18.8
19.4
18.1
19.9
21.2
21.9
20.9
22.1
60.4
12.5
.2
3.7
5.7
22.5
9.8
1.5
.3
1.2
.9
10.4
2.1
.3
1.3
1.1
9.9
1.8
.3
1.3
1.2
10.5
2.5
.3
1.4
1.2
12.0
2.6
.3
1.6
1.5
12.6
2.5
.3
1.7
1.7
13.2
2.2
.3
1.8
1.9
12.6
1.5
.3
1.7
2.0
13.4
2.1
.4
1.8
2.3
14.5
2.0
.3
2.0
2.4
15.1
1.8
.4
2.1
2.6
14.4
1.5
.4
1.9
2.7
15.5
1.8
.5
1.7
2.7
16.0
1.5
.5
1.8
2.8
9.5
6.5
1.2
.3
.9
9.4
6.5
1.0
.3
.9
.8
8.2
5.9
.4
.3
.8
.9
8.9
6.1
.7
.3
.8
1.0
9.4
6.6
.7
.3
.9
1.0
9.3
6.6
.6
.3
.9
1.0
8.4
6.1
.3
.3
.7
1.0
8.3
6.2
.4
.3
.5
.9
4.8
4.9
5.5
6.0
6.4
6.4
7.2
8.1
6.1
.3
.3
.5
.9
7.4
3.0
.8
0
.5
.5
3.1
.8
0
.5
.5
3.5
.8
0
.6
.6
3.8
.8
0
.6
.7
4.1
.8
.1
.7
.8
4.1
.8
.1
.6
.8
4.7
.9
.1
.6
.9
5.0
.8
.1
.7
.9
-
.
.
Compensation of employees
Profit-type return
Net interest .
Indirect business taxes etc
Capital consumption allowances
Transportation.
64
65
66
67
68
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc
Capital consumption allowances.
69
70
71
74
Railroad transportation
Compensation of employees
Profit-type return .
Net interest
Indirect business taxes, etc
Capital consumption allowances.
7.3
5.4
.5
.3
.7
.3
8.3
5.8
1.0
.3
.8
.4
7.5
5.4
.7
.3
.8
.4
8.3
5.6
1.2
.3
.8
.4
9.2
6.4
1.1
.3
.8
.6
75
Trucking and warehousing
2.4
2.8
3.0
3.5
3.9
n
73
76
77
78
79
80
Compensation of employees . .
Profit-type return
Net interest .
Indirect business taxes, etc. .
Capital consumption allowances
See footnotes at end of table.
4.7
5.5
0
.7
2.5 •
44.6
13.1
0
6.1
2.4
Manufacturing
Nondurable goods
63
1952
. . . -
Compensation of employees
Profit-type return
.
Net interest .
Indirect business taxes etc
Capitalconsumptionallowances _.
51
58
59
60
61
6?
1951
Agricultural services forestry and fisheries
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc
Capital consumption allowances
57
1950
. . . _ _ - . _ .
Compensation of employees
Profit-type return
Net interest
Indirect business taxes etc
Capital consumption allowances
46
47
48
49
50
52
53
54
55
56
1949
Gross national product
Compensation of employees
Profit-type return
Net interest .
Indirect business taxes etc
Statistical discrepancy
Capital consumption allowances
27
1948
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc.
Statistical discrepancy.
Capital consumption allowances
9
10
11
12
13
14
22
23
24
25
26
1947
-
. .
. . . . .
.
.
.
1.5
.5
0
.2
.2
1.7
.6
0
.2
.3
1.8
.6
0
.2
.3
2.1
.7
0
.3
.4
2.4
.7
0
.4
.4
.7
4.3
2.7
.7
0
.4
.4
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
179
Components by Industry: Annually, 1947-74
dollars]
1961
Gross national product.
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc
Statistical discrepancy
Capital consumption allowances.
1962
1963
523.3
563.8
594.7
113.3
11.2
50.1
1.6
43.5
325.1
120.1
12.8
53.7
4.0
48.1
342.9
125.7
14.3
57.0
3.7
51.1
1965
1966
635.7
688.1
368.0
134.0
15.9
61.4
2.2
54.2
396.5
148.8
18.5
65.4
.9
58.0
1964
1969
1970
868.5
935.5
982.4 1,063.4 1,171.1 1,306.3
519.8
167.8
26.8
82.2
-.6
72.5
571.4
167.1
30.8
90.2
-3.3
79.3
609.2
155.0
37.5
98.0
-2.1
84.8
1967
196S
753.0
796.3
157.9
21.9
68.4
3.2
62.3
471.9
157.8
24.3
73.4
1.7
67.2
1971
650.3
170.6
42.8
107.7
1.3
90.8
1972
715.1
191.0
47.0
115.7
1.7
100.5
1973*
797.7
218.0
56.3
125.4
.4
108.6
520.2
560.2
591.1
631.4
683.4
748.8
791.8
863.7
931.1
977.8 1,056.8 1,164.1 1,297.3
303.7
110.9
10.4
50.1
1.6
43.5
325.2
117.5
11.7
53.7
4.0
48.1
342.9
123.1
13.2
57.0
3.7
51.1
368.0
130.9
14.7
61.4
2.2
54.2
396.5
145.5
17.1
65.4
.9
58.0
439.2
155.2
20.5
68.4
3.2
62.3
471.9
154.8
22.8
73.4
1.7
67.2
519.8
164.6
25.3
82.2
-.6
72.5
571.3
163.4
30.1
90.2
-3.3
79.3
609.1
151.2
36.8
98.0
-2.1
84.8
650.2
166.0
40.8
107.7
1.3
90.8
715.1
186.2
44.9
115.7
1.7
100.5
797.7
211.2
54.1
125.4
.4
108.6
Agriculture, forestry, and fisheries..
21.5
22.1
22.0
21.1
23.8
24.9
24.3
24.9
27.8
28.7
30.7
35.4
54.1
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc
Capital consumption allowances.
3.9
11.9
1.0
1.4
3.4
4.0
11.9
1.2
1.4
3.5
4.2
11.6
1.2
1.4
3.6
4.3
10.0
1.5
1.5
3.8
4.5
12.2
1.6
1.5
4.1
4.6
12.6
1.8
1.6
4.3
4.7
11.3
2.0
1.7
4.6
5.0
11.1
2.2
1.8
4.8
5.4
13.0
2.4
2.0
5.1
5.7
12.8
2.7
2.1
5.4
5.9
14.2
2.9
2.1
5.6
6.3
17.9
3.1
2.2
5.9
7.3
34.4
3.8
2.3
6.4
Farms.
20.2
20.5
20.5
19.3
22.0
22.9
22.2
22.6
25.2
25.9
27.7
32.0
50.4
3.2
11.5
1.0
1.3
3.2
3.3
11.4
1.1
1.4
3.3
3.4
11.1
1.2
1.4
3.4
3.5
9.4
1.4
1.4
3.6
3.6
11.5
1.6
1.5
3.8
3.6
11.9
1.8
1.6
4.0
3.6
10.6
2.0
1.6
4.3
3.8
10.4
2.2
1.8
4.5
4.0
12.2
2.3
1.9
4.8
4.3
12.0
2.6
2.0
5.0
4.3
13.3
2.8
2.0
5.2
4.5
16.9
3.0
2.1
5.4
5.2
33.5
3.6
2.1
5.9
1.3
1.5
1.5
1.7
1.9
2.0
2.1
2.3
2.6
2.8
3.0
3.3
3.7
.7
.7
.5
.8
.9
.1
.2
1.0
.7
0
.1
.2
1.1
.7
0
.1
.3
1.2
.7
.1
.1
.3
1.3
.8
.1
.1
.3
1.4
.7
.1
.1
.4
1.6
.8
.1
.1
.4
1.7
.9
.1
.1
.5
2.1
.9
.2
.1
.4
Gross domestic product
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc
Statistical discrepancy
Capital consumption allowances
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc
Capital consumption allowances.
Agricultural services, forestry, and fisheries..
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc
Capital consumption allowances
Mining.
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc
Capital consumption allowances..
Contract construction
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc
Capital consumption allowances.
Manufacturing
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc..
Capital consumption allowancesNondurable goods
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc
Capital consumption allowancesDurable goods
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc
Capital consumption allowancesTransportation.
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc
Capital consumption allowances.
Railroad transportation
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc
Capital consumption allowancesTrucking and warehousing
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc
Capital consumption allowances.
.4
0
.1
.2
.1
.2
12.7
12.8
13.0
13.4
.1
.2
13.5
14.1
14.6
15.3
16.1
17.4
17.1
18.9
21.7
4.4
4.3
0
.9
3.1
4.4
4.1
.1
.9
3.3
4.5
4.3
.1
.9
3.3
4.6
4.5
0
.9
3.2
4.8
4.4
0
.9
3.3
5.1
4.5
0
1.0
3.4
5.3
4.6
.1
1.0
3.6
5.6
4.9
.1
1.1
3.6
6.2
4.7
.1
1.2
3.8
6.7
5.2
.1
1.3
4.1
7.0
4.4
.2
1.4
4.1
7.8
4.6
.3
1.6
4.7
8.6
6.2
.6
1.7
4.6
23.5
25.1
26.7
29.1
32.1
35.2
36.8
40.2
45.2
47.4
51.5
56.6
63.1
17.3
4.3
.1
.5
1.3
18.4
4.6
.1
.5
1.3
19.7
4.8
.2
.5
1.5
21.5
5.4
.2
.6
1.5
23.5
6.1
.2
.6
1.7
26.0
6.4
.2
.7
1.8
27.1
6.8
.2
.7
1.9
30.2
6.9
.2
.8
2.2
34.2
7.5
.2
.9
2.4
36.3
7.2
.3
1.0
2.6
39.5
7.9
.4
1.1
2.6
43.0
8.8
.4
1.3
3.0
48.4
9.5
.4
1.4
3.4
143.8
157.5
166.3
178.6
196.3
215.9
221.3
241.8
254.6
250.3
261.5
288.8
317.9
99.6
21.0
.4
12.6
10.2
107.8
23.8
.5
13.4
12.0
112.3
26.6
.5
14.1
12.8
119.8
29.5
.6
15.0
13.7
129.3
35.7
.9
15.6
14.9
144.3
38.7
1.5
15.3
16.1
151.2
34.6
2.2
15.6
17.7
165.1
37.3
2.7
17.4
19.4
178.8
32.4
4.0
18.4
20.9
180.7
22.5
5.9
19.1
22.1
185.0
27.6
5.8
19.8
23.3
203.3
34.9
6.0
19.8
24.8
229.2
35.3
6.5
21.0
25.8
62.6
66.0
69.1
73.8
78.7
85.7
88.0
95.8
101.1
104.8
109.3
116.8
125.5
39.8
9.3
.2
8.9
4.3
42.1
9.3
.3
9.2
5.1
43.5
10.3
5.5
45.9
11.7
.3
10.2
5.8
48.6
12.6
.4
11.0
6.1
52.8
14.6
.6
11.2
6.5
55.6
13.3
.9
11.4
6.8
60.6
14.4
1.2
12.1
7.4
65.6
12.8
1.7
12.9
8.1
68.4
12.1
2.3
13.4
8.6
71.1
12.3
2.6
14.0
9.4
76.5
12.5
2.7
15.0
10.1
83.2
12.8
2.9
15.8
10.7
81.1
91.5
97.2
104.8
117.6
130.1
133.3
146.0
153.5
145.5
152.2
171.9
192.4
59.7
11.7
.2
3.7
5.8
65.7
14.5
.2
4.2
6.9
68.9
16.3
.2
4.5
7.3
73.9
17.9
.3
4.9
7.9
80.7
23.1
.5
4.6
8.8
91.6
24.1
.8
4.0
9.6
95.6
21.2
1.3
4.3
10.9
104.5
22.8
1.5
5.2
12.0
113.3
19.6
2.3
5.6
12.8
112.3
10.4
3.6
5.7
13.5
113.9
15.3
3.2
5.8
14.0
126.8
22.4
3.2
4.7
14.7
146.0
22.4
3.6
5.2
15.1
22.8
24.0
24.9
26.4
28.8
31.1
32.1
34.4
36.9
38.9
41.9
46.2
52.0
15.8
1.6
.6
1.9
2.8
16.5
1.7
.6
1.9
3.3
17.0
2.1
.6
1.9
3.4
17.9
2.2
.7
2.0
3.6
19.0
3.0
.7
2.1
3.9
20.6
3.2
.8
2.3
4.3
21.8
2.1
.9
2.5
4.7
23.8
1.9
1.1
2.6
5.
25.8
1.4
1.3
2.9
5.4
27.5
1.0
1.5
3.1
5.8
29.5
1.5
1.6
3.5
5.9
31.9
2.5
1.6
4.0
6.3
36.3
2.4
2.3
4.3
6.6
7.8
5.8
.4
.3
.5
.8
8.0
5.9
.3
.3
.5
1.1
8.1
5.8
.5
.3
.4
1.1
8.2
6.0
.4
.3
.4
1.1
8.6
6.2
.5
.3
.4
1.3
9.1
6.3
.6
.4
.4
1.4
8.6
6.4
0
.4
.4
1.4
8.8
6.5
0
.4
.4
1.4
9.2
6.8
0
.5
.5
1.5
7.2
-.2
.6
.5
1.6
10.0
7.7
-.4
.6
.5
1.6
10.3
7.8
-.2
.6
.5
1.6
11.4
9.1
-.4
.6
.5
1.6
7.7
8.4
8.8
9.4
10.5
11.4
11.7
13.1
14.3
15.0
16.8
19.4
21.9
5.1
.9
.1
.7
5.5
1.1
.1
.8
1.0
5.8
1.1
.1
.8
1.0
6.2
1.1
.1
.9
1.0
6.8
1.5
.1
.9
1.2
7.5
1.5
.1
1.1
1.2
7.8
1.3
.2
1.2
1.3
8.7
1.6
.2
1.2
1.4
9.6
1.5
.2
1.3
1.5
10.1
1.4
.3
1.5
1.7
11.3
1.9
.3
1.6
1.8
12.9
2.3
.3
1.8
2.1
14.8
2.3
.5
2.0
2.3
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
180
Table 6.1—Gross National Product and Its Components
[Billions of
1947
1948
1949
1950
1951
1952
1953
1954
1955
.9
1.0
1.0
1.1
.7
.1
0
.1
.2
1956
1957
1958
1959
Transportation—Continued
Air transportation
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc
Captial consumption allowances.
Other K.
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc
Capital consumption allowances.
.4
.5
.5
.6
.3
0
0
0
.1
.3
0
0
.1
.1
.4
0
0
.1
.1
.4
.1
0
.1
.1
.5
.1
0
.1
.1
.1
0
.1
.1
.1
0
.1
.1
.7
.1
0
.1
.2
3.5
3.5
3.5
3.5
4.1
4.2
4.3
4.0
4.3
2.6
.4
0
.2
.3
2.5
.4
0
.2
.3
2.4
.4
0
.2
.3
2.5
.5
0
.3
2.8
.7
0
.3
.4
2.9
.5
0
.3
.4
3.1
.4
0
.3
.4
2.9
.3
0
.3
.4
3.1
.4
0
.3
.5
1.3
1.4
1.5
1.7
1.0
0
0
.2
1.1
0
0
.2
.3
1.2
0
0
.2
.3
4.6
4.8
4.6
4.8
3.2
.5
0
.4
.5
3.4
.4
0
.4
.5
3.2
.4
.1
.4
3.3
.5
.1
.4
.1
0
.1
.2
3.1
3.8
4.1
4.5
5.1
5.6
6.3
6.5
7.1
7.7
8.3
8.9
9.8
Compensation of employees
Profit-type return
--Net interest
Indirect business taxes, etc
Capital consumption allowances.
2.0
.2
.1
.6
.3
2.3
.3
.1
.7
.3
2.4
.4
.1
.8
.3
2.5
2.8
.8
.1
1.0
.4
3.1
.9
.1
1.0
.5
3.4
1.1
.1
1.2
.5
3.6
1.2
.1
1.0
3.8
1.5
.1
1.0
4.2
1.6
.2
1.1
.7
4.5
1.8
.2
1.2
.7
4.5
2.1
.2
1.2
.8
4.7
2.5
.3
1.4
.9
Telephone and telegraph
2.9
3.5
3.8
4.2
4.7
5.2
5.8
5.9
6.4
6.9
7.5
8.0
8.9
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc
Capital consumption allowances.
1.8
.1
.1
.6
.3
2.1
.3
.1
.7
.3
2.2
.4
.1
.8
2.3
.6
.1
.9
.4
2.5
.7
.1
.9
.4
2.8
.8
.1
1.0
.4
3.0
1.0
.1
1.2
.5
3.1
1.1
.1
1.0
.5
3.4
1.4
.1
.9
.6
3.7
1.4
.1
1.1
.6
3.9
1.6
.2
1.1
.7
3.9
2.0
.2
1.2
.7
4.1
2.3
.3
1.4
Radio and television broadcasting..
.2
.3
.3
.3
.4
.5
.5
.6
.7
.8
.8
.2
.1
0
0
0
.2
0
0
0
0
.2
0
0
0
0
.3
.1
0
0
0
.1
0
0
0
.3
.1
0
0
0
.4
.1
0
0
0
.4
.1
0
0
0
.5
.2
0
0
.5
.2
0
0
.1
.6
.2
0
0
.1
.6
.2
0
0
.1
.2
0
0
.1
3.8
4.3
4.8
5.2
6.0
6.6
7.2
8.0
8.7
9.4
10.0
10.7
11.8
1.6
1.0
.2
.5
.5
1.8
1.1
.3
.6
.5
2.0
1.4
.3
.6
.6
2.1
1.4
.3
.7
.7
2.3
1.8
.4
.7
.8
2.5
2.0
.4
.7
.9
2.8
2.2
.5
.8
1.0
2.9
2.4
.6
.8
1.2
3.1
2.5
.6
1.0
1.5
3.3
2.6
.7
1.0
1.7
3.5
2.7
.8
1.1
1.9
3.8
2.7
.9
1.2
2.0
4.0
3.1
1.0
1.4
2.3
Communication.
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc
Capital consumption allowances.
Electric, gas, and sanitary services.
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc
Capital consumption allowances..
.4
1.0
44*2
48.4
48.0
51.3
56.4
58.5
59.7
60.8
66.2
70.4
73.9
75.2
82.2
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc
Capital consumption allowances.
23.2
14.4
0
5.2
1.5
24.7
15.9
0
5.. 9
1.8
25.0
14.6
0
6.2
2.2
26.8
15.1
0
6.9
2.4
29.4
16.5
.1
7.6
2.7
31.0
16.3
.1
8.2
3.0
33.0
14.9
0
8.7
3.2
33.8
14.9
.1
8.8
3.3
36.2
16.8
.1
9.6
3.5
39.1
16.4
.1
10.8
3.9
41.2
16.7
.1
11.5
4.3
42.1
16.9
.1
11.9
43
45.4
18.8
.2
12.9
4.8
Wholesale trade
15.7
17.3
16.6
18.8
21.3
21.5
21.9
22.2
25.1
27.5
28.8
29^5
32.6
8.2
4.2
0
2.8
.4
9.0
4.6
0
3.1
8.9
3.9
0
3.3
9.5
4.8
0
3.8
.7
10.7
5.6
.1
4.1
11.2
5.0
.1
4.4
11.9
4.4
0
4.6
12.3
4.0
.1
4.8
1.0
13.1
5.5
.1
5.3
1.2
14.6
5.5
.1
5.9
1.4
15.4
5.5
.1
6.2
1.5
15.9
5.6
.1
6.5
1.4
17.1
6.5
.1
7.2
1.7
Wholesale and retail trade
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc
Capital consumption allowances.
28.5
31.1
31.4
32.5
35.1
37.0
37.8
38.7
41.1
42.9
45.1
45.8
49.5
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc
Capital consumption allownaces.
14.9
10.2
0
2.4
1.1
15.7
11.3
0
2.8
1.2
16.2
10.7
0
2.9
1.6
17.3
10.3
0
3.1
1.7
18.8
10.9
0
3.5
1.8
19.8
11.4
0
3.8
2.1
21.0
10.5
0
4.1
2.2
21.5
10.9
0
4.0
2.3
23.0
11.4
0
4.3
2.3
24.6
10.9
0
4.8
2.6
25.8
11.1
0
5.3
2.8
26.2
11.3
0
5.4
2.8
28.3
12.3
.1
5.7
3.2
Finance, insurance, and real estate...
23.2
26.1
28.4
31.5
34.7
38.1
42.1
45.8
49.2
52.5
56.6
61.2
66.4
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc
Capital consumption allowances.
4.7
11.1
1.0
3.5
2.9
5.3
13.0
.7
3.8
3.3
5.6
14.1
.7
4.3
3.7
6.2
15.8
.8
4.7
4.1
6.8
17.2
.8
5.1
4.7
7.4
19.0
1.0
5.6
5.1
8.0
20.9
1.3
6.1
5.7
8.7
22.3
1.9
6.7
6.2
9.5
23.4
2.3
7.2
6.8
10.4
24.1
2.6
8.0
7.4
11.1
25.1
3.4
8.8
8.2
11.8
26.6
4.3
9.7
8.8
13.0
28.6
4.6
10.8
9.5
5.1
5.9
6.7
7.0
7.7
8.7
10.8
11.3
12.1
13.0
3.6
2.2
—1.2
.4
.1
4.0
3.0
-1.7
.4
.2
4.3
3.5
—20
.5
.2
4.8
3.7
—2.2
.6
.2
5.3
4.3
—2.7
.6
.3
5.8
4.8
—2.9
.7
.3
6.4
5.4
—3.1
.7
.3
7.0
5.7
—3.1
.8
.4
7.6
6.0
—3.5
.8
.5
8.3
6.3
—4.0
.9
.5
9.0
6.7
--4.3
1.0
9.8
7.2
—4.4
1.1
10.7
8.4
—5.3
1.4
.7
18.1
20.2
21.7
24.5
26.9
29.4
32.3
35.1
37.9
40.5
43.6
46.9
50.6
1.9
17.5
5.8
6.4
6.3
2.1
17.8
6.6
7.1
6.9
2.0
18.5
7.7
7.8
7.6
2.0
19.4
8.7
8.6
8.2
2.3
20.2
9.9
9.4
8.8
34.0
37.3
40.2
42.3
46.3
22.7
11.0
.1
1.2
2.2
24.5
11.7
.2
1.3
2.5
25.9
12.2
.2
1.3
2.6
28.2
13.6
.2
1.4
2.9
Retail trade..
Finance and insurance
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc
Capital consumption allowances.
Real estate
Compensation of employees
Profit-type return
Net interest
_
Indirect business taxes, etc
Capital consumption allowances.
Services..
Compensation of employees
Profit-type return
Net interest.
Indirect business taxes, etc
Capital consumption allowances.
See footnotes at end of table.
1.1
9.0
2.1
3.1
2.8
1.3
10.0
2.4
3.4
3.1
1.3
10.6
2.7
3.7
3.4
1.4
12.0
3.1
4.1
3.9
1.5
13.0
3.5
4.5
4.4
1.5
14.2
3.9
4.9
4.8
1.6
15.5
4.4
5.4
5.3
1.7
16.6
5.0
5.9
5.8
20.2
21.9
22.6
24.0
25.9
27.5
29.4
30.5
12.3
6.2
0
.9
.7
13.2
6.8
0
1.0
13.6
6.8
.1
1.1
1.1
14.4
7.2
.1
1.1
1.2
15.7
7.7
.1
1.1
1.3
16.8
8.1
.1
1.1
1.4
18.1
8.6
.1
1.2
1.4
18.8
8.8
.1
1.1
1.8
20.7
10.3
.1
1.1
1.8
14.3
15.9
1960
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
181
by Industry: Annually, 1947-74—Continued
dollars]
1961
Line
1962
1963
1964
1965
1966
1967
1968
2.1
2.4
2.5
2.9
3.4
4.0
4.6
5.1
5.8
6.2
6.9
7.9
9.0
1.4
-.2
.1
.2
.5
1.5
.1
1.6
0
.1
.2
1.8
.2
.1
.2
2.0
.4
.1
2.4
.4
.1
.3
.8
2.9
.3
.1
.3
1.0
3.5
-.2
.2
.4
1.2
4.1
-.3
.3
.4
1.3
4.6
-.6
.3
.4
1.4
4.8
-.3
.3
.6
1.4
5.3
0
.3
.9
1.4
6.0
0
.5
.9
1.5
5.1
5.3
5.5
5.9
6.2
6.7
7.1
7.5
7.6
8.1
8.2
8.7
9.7
3.5
.4
.1
.5
3.6
.4
.1
.5
.7
3.7
.5
.1
.4
.8
3.9
.5
.2
.5
.8
4.0
.6
.2
.5
.9
4.5
.7
.2
.5
4.7
.6
.2
.5
1.0
5.0
.6
.3
.5
1.1
5.3
.3
.3
.7
1.1
5.6
.4
.4
.7
1.1
5.6
.3
.4
.7
1.1
5.9
.4
.4
.8
1.2
6.4
.5
.7
.9
1.2
11.1
12.0
13.1
14.1
15.2
16.5
17.9
19.3
21.8
23.6
25.7
29.4
32.1
5.1
2.9
.3
1.7
1.1
5.4
3.2
.4
1.8
1.2
5.7
3.5
.4
1.9
1.6
6.2
3.6
.4
2.0
1.8
6.8
3.9
.5
2.1
2.0
7.5
4.3
.5
2.0
2.2
8.0
4.3
.7
2.5
2.4
8.7
4.5
.8
2.5
2.7
10.1
4.6
1.1
3.0
2.9
11.6
4.0
1.5
3.2
3.4
12.7
3.3
1.8
3.6
4.3
14.6
3.0
2.1
4.1
5.6
16.3
3.2
1.7
4.4
6.6
1970
1971
1972
1973*
Transportation—Continued
Air transportation
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc
Capital consumption allowances..
Other i
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc
Capital consumption allowances
Communication.
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc.
Capital consumption allowances.
Telephone and telegraph
10.1
10.8
11.8
12.8
13.8
14.9
16.4
17.5
19.9
21.6
23.6
26.9
29.4
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc
Capital consumption allowances
4.4
2.7
.3
1.6
1.0
4.7
2.9
.4
1.7
1.1
4.9
3.2
.4
1.8
1.5
5.4
3.4
.4
2.0
1.7
5.9
3.5
.4
2.0
1.9
6.5
3.9
.5
2.0
2.1
7.0
4.0
.6
2.5
2.2
7.5
4.3
.8
2.5
2.5
8.8
4.4
1.0
3.0
2.7
10.2
3.7
1.4
3.1
3.1
11.2
3.0
1.7
3.5
4.1
13.0
2.5
2.0
4.0
5.3
14.5
2.7
1.5
4.3
6.4
Radio and television broadcasting
1.0
1.2
1.2
1.3
1.4
1.6
1.6
1.8
1.9
2.0
2.1
2.5
2.7
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc
Capital consumption allowances
.7
.2
0
0
.1
.7
.3
0
0
.8
.3
0
0
.1
.8
.3
0
0
.1
.9
.3
0
0
.1
1.0
.4
0
0
.1
1.1
.2
0
0
.2
1.2
.3
.1
0
.2
1.3
.3
.1
.1
.2
1.4
.3
.1
.1
1.4
.3
.1
.1
.2
1.6
.5
.1
.1
.3
1.8
.4
1
1
3
Electric, gas, and sanitary services
13.5
14.2
14.9
15.8
16.6
17.6
18.5
20.0
21.5
22.7
25.3
28.0
30.6
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc
C apital consumption allowances
4.3
3.8
1.2
1.7
2.6
4.5
3.9
1.3
1.7
2.8
4.7
4.3
1.3
1.7
2.9
5.0
4.6
1.3
1.9
3.0
5.2
4.8
1.4
2.0
3.2
5.5
5.0
1.6
2.1
3.4
5.9
4.9
1.8
2.3
3.6
6.4
5.0
2.1
2.5
3.9
7.0
4.7
2.6
2.8
4.3
7.8
3.9
3.2
3.2
4.6
8.5
4.2
3.6
3.8
5.3
9.3
4.2
4.0
4.3
6.1
10.3
3.7
4.8
4.7
7.2
144.6
157.3
167.3
182.8
201.2
226.2
115.4
31.1
1.9
41.6
11.2
128.7
35.2
4.6
45.8
11.9
86.5
92.3
96.5
105.1
112.8
121.7
130.3
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc
Capital consumption allowances.
49.6
16.7
.3
15.0
5.0
52.6
17.8
16.'1
5.4
55.7
17.6
.4
17.1
5.7
59.7
20.3
.5
18.6
6.0
64.2
21.3
.6
20.3
6.3
70.1
22.0
.9
22.1
6.7
75.
23.2
.9
23.8
7.2
82.6
25.6
1.0
27.8
7.7
90.9
25.8
1.4
30.6
8.6
98.0
24.7
1.7
33.7
9.1
105.5
27.9
1.9
37.7
9.9
Wholesale trade
34.8
37.0
38.7
41.7
45.1
49.4
52.1
58.1
63.2
67.3
72.6
82.4
95.8
18.8
6.0
.2
8.1
1.7
19.8
6.3
.2
8.8
1.9
20.9
6.4
.2
9.2
2.0
22.3
7.1
.2
9.9
2.1
24.1
7.6
.3
11.0
2.
26.5
8.1
.4
12.0
2.4
28.4
8.1
.4
12.
2.6
30.9
9.4
.4
14.5
2.9
34.2
9.5
.5
15.6
3.3
37.0
9.4
.6
17.0
3.4
39.4
10.0
18*. 8
3.
43.3
13.9
.8
20.1
4.
49.1
18.3
1.9
21.8
4.7
51.
55.3
57.8
63.4
67.
72.3
78.2
86.5
94.1
99.9
110.2
118.8
130.4
30.8
10.
32.8
11.5
34.9
11.2
37.4
13.1
40.
13.8
6.8
3.3
7.
3.5
7.9
3.
8.7
3.9
9.4
4.1
43.
13.8
.5
10.1
4.3
46.8
15.1
.5
11.1
4.6
51.6
16.2
.6
13.3
4.8
56.8
16.2
.9
15.0
5.3
61.0
15.4
1.1
16.8
5.7
66.0
17.9
1.2
18.9
6.2
72.1
17.2
1.1
21.5
79.6
16.9
2.7
24.0
7.2
Finance, insurance, and real estate....
74.2
79.3
83.9
89.3
96.1
104.0
111.5
121.3
141.0
155.9
168.6
182.2
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc
Capital consumption allowances..
14.
29.8
6.1
12.8
10.9
15.6
30.9
6.9
14.2
11.7
16.6
31.2
8.1
15.5
12.5
17.9
32.1
8.9
16.9
13.5
19.1
34.0
10.5
18.1
14.
20.8
36.1
12.5
19.2
15.
22.8
38.2
13.1
21.0
16.5
25.
40.7
14.
23.
17.6
31.1
42.
18.4
28.0
20.
34.5
46.8
21.
30.
22.6
49.
23.
32.
24.
42.4
51.0
26.5
35.
27.
Finance and insurance
17.6
18.0
18.5
19.5
21.5
24.
27. C
30.6
40.5
43.7
12.4
8.9
-6.1
1.6
.8
13.1
9.1
—6.7
1.6
13.9
8.7
-6.8
1.8
15.0
9.1
—7.
2.0
1.
16.1
9.9
1.2
17.5
11.0
—7.4
2.4
1.3
19.4
1.
-8.
2.
1.4
56.6
61.3
65.4
74.6
79.3
84.4
2.
20.
12.
11.
10.
2.5
21.8
13.6
12.6
10.
2.
22.
14.
13.
11.
2.
23.
16.6
14.
12.4
3.
24.
18. S
15.
13.3
3.
25.
19. <
16.!
14.:
3.
26.
21.
18.
15.
52.
56.
60.
65.
70.
78.
86.
94.
Wholesale and retail trade
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc
Capital consumption allowancesRetail trade
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc
Capital consumption allowances...
Comp
Profit-type return.
Net interest
Indirect business taxes, etc
Capital consumption allowancesReal estate
Comp
Profit-type return..
Net interest
Indirect business taxes, etc
Capital consumption allowances..
Services
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc
I.
Capital consumption allowances..
216-143 O - 77 - 13
32.
14.
35.
15.
£l
131.
28.6
41.6
16.0
25.3
19.5
46.
24.2
13.8
-9.
3.
2.0
26.:
15J
—10.;
3.
2.
28.:
16.
—11.
4.
2.
31.
18.,
-13.
4.
2.
34.8
19.
—16.6
4.
3.4
90.:
97.7
104.
115.
124.
136.0
3.:
27.
23.
20.
15.
4.
27.
25. S
21.
17. C
4.
27.
28.
24.
18.
5.
30.
32.
26.
20.
6.
30.
37.
28.
21.
7.6
31.
43.
30.4
23.5
113.
122.
134.
150.
76.
25.
1.
83.
26.
1.
3.
7.
92.
27.
1.
4.
8.
104.5
29.6
2.
4.
9.
21.
13.
—9.
37.
16.
41.
17.
44.
18.
49.
21.
55.
22.
61.
24.
1*.
3.
1.
4.
2*.
4.
2.
4.
2.
5.
2*.
5.
104.
25.
1.
2.
6.
1974*
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
182
Table 6.1—Gross National Product and Its Components
[Billions of
1947
Line
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
1960
2.4
2.4
2.4
2.6
2.7
2.6
2.7
2.6
3.1
3.3
3.3
3.5
3.6
3.8
2.4
2.4
2.4
2.6
2.7
2.6
2.7
2.6
3.1
3.3
3.3
3.5
3.6
3.8
17.8
19.6
20.2
21.4
23.2
24.9
26.7
28.0
30.9
34.0
36.9
38.8
42.8
45.4
14.2
8.1
.1
1.1
1.4
15.4
8.6
.1
1.2
1.4
16.2
8.8
.1
1.1
1.8
17.6
10.3
.1
1.1
1.8
19.4
11.0
.1
1.2
2.2
21.2
11.7
.2
1.3
2.5
22.4
12.2
.2
1.3
2.6
24.7
13.6
.2
1.4
2.9
27.0
13.6
.3
1.5
3.0
Services—Continued
159
160
161
Private households
Compensation of employees..
Other 2
162
163
164
165
166
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc
Capital consumption allowances.
9.9
6.2
0
.9
.7
10.8
6.8
0
1.0
.9
11.2
6.8
.1
1.1
1.1
11.8
7.2
.1
1.1
1.2
167
Government and government enterprises.
19.3
20.2
22.5
23.8
13.1
7.7
.1
1.1
1.3
30.8
35.3
36.4
36.9
38.5
40.7
44.0
47.1
50.0
53.4
168
169
170
Compensation of employees..
Profit-typo return
Indirect business taxes, etc...
18.7
.6
0
19.7
.4
0
22.0
.5
0
23.6
.2
0
30.4
.4
0
34.7
.7
0
35.5
.8
0
36.1
.8
0
38.1
.4
0
40.7
0
0
43.4
.5
0
46.9
.2
0
49.1
.9
0
52.7
.7
.1
171
Government
16.7
17.4
19.4
20.9
27.4
31.2
31.9
32.5
34.2
36.6
16.7
17.4
19.4
20.9
27.4
31.2
31.9
32.5
34.2
2.6
2.8
3.0
2.9
3.4
4.2
4.4
4.4
4.3
2.0
.6
0
2.3
.4
0
2.6
.5
0
2.7
.2
0
3.0
.4
0
3.5
.7
0
3.5
.8
0
3.6
.8
0
3.9
.4
0
1.2
1.1
1.3
1.5
1.5
1.5
1.8
2.0
2.2
2.3
2.2
2.4
2.5
.1
.8
.2
.1
.8
.1
1.0
.3
0
1.2
.4
0
1.1
.4
0
1.1
.4
-.1
1.4
.4
—.1
1.6
.5
—.1
1.8
.4
-.1
1.9
.5
-.1
1.7
-.1
1.8
.7
-.1
1.9
.7
172
173
174
175
176
177
178
179
180
181
182
183
184
185
186
Compensation of employeesGovernment enterprises
Compensation of employees..
Profit-type return
Indirect business taxes, etc...
Rest of the world
Compensation of employees
Profit-type return
Net interest
Addenda:
Nonfarm business..
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc
Capital consumption allowances-
42.1
44.0
47.1
39.1
42.1
44.0
47.1
4.1
4.8
5.0
6.0
6.3
4.1
0
0
4.3
.5
0
4.7
.2
0
5.1
.9
0
5.6
.7
.1
188.0
212.7
211.7
235.5
267.4
282.5
301.2
301.3
332.8
354.3
372.3
370.7
408.9
423.0
104.5
53.2
1.6
18.4
10.3
115.3
63.6
1.5
20.1
12.2
113.1
61.8
1.5
21.3
13.9
124.6
70.5
1.6
23.4
15.4
143.8
78.8
1.8
25.4
17.7
154.5
78.5
2.1
27.8
19.6
167.1
79.9
2.4
30.0
21.9
165.2
78.8
3.2
29.8
24.2
179.0
90.3
3.7
32.5
27.2
194.4
90.4
4.1
35.4
29.9
204.1
92.3
5.3
37.9
32.6
201.7
88.8
6.6
39.1
34.3
220.2
102.4
7.2
42.4
230.7
99.2
8.1
46.1
36.5
38.6
12.3
13.8
12.3
13.8
187
Households and institutions...
5.1
5.6
5.9
6.4
6.9
7.2
7.8
8.1
9.1
9.8
10.5
11.4
188
Compensation of employees.
5.1
5.6
5.9
6.4
6.9
7.2
7.8
8.1
9.1
9.8
10.5
11.4
*Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS: Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT BUSINFSS.
1. Consists of local and interurban passenger transit, water transportation, pipeline transportation, and transportation services.
2. Consists of hotels and other lodging places; personal services; miscellaneous business
services, auto repair, services, and garages; miscellaneous repair services, motion pictures,
amusement and recreation services, not elsewhere classified; medical and other health services;
legal services; educational services; nonprofit membership organizations; and miscellaneous
professional services.
NOTE.—Profit-type return consists of proprietors'income with inventory valuation adjustment and without capital consumption adjustment, rental income of persons without capital
consumption adjustment, corporate profits with inventory valuation adjustment and without
capital consumption adjustment, less subsidies received. The profit-type return of government enterprises consists of their current surplus. Indirect business taxes, etc., includes indirect,
business tax and nontax liability and business transfer payments. The industry classification
is on an establishment basis and is based on the 1967 Standard Industrial Classification.
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
183
by Industry: Annually, 1947-74—Continued
dollars]
1961
Line
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973*
1974*
Services—Continued
159
160
161
Private households
Compensation of employees
Other 2
3.7
3.8
3.8
3.9
4.0
4.0
4.7
4.9
4.9
5.1
5.2
5.3
5.4
3.7
3.8
3.8
3.9
4.0
4.0
4.7
4.9
4.9
5.1
5.2
5.3
5.4
5.6
48.5
52.3
56.1
61.3
66.8
74.2
81.8
89.7
100.0
108.4
117.0
129.1
145.0
161.7
37.1
17.6
.6
1.9
4.1
40.6
18.9
.7
2.1
4.4
45.6
21.1
.7
2.1
4.7
50.8
22.8
.8
2.2
5.1
56.7
24.1
.9
2.5
5.5
64.6
25.1
1.1
2.9
6.4
71.2
25.6
1.4
3.3
6.8
78.1
26.4
1.6
3.7
7.2
99.1
29.6
2.9
4.4
9.0
111.2
31.5
4.5
4.7
9.7
71.2
76.7
86.4
96.3
107.9
117.2
129.1
140.9
87.5
27.8
1.8
4.1
8.0
154.9
94.3
2.0
105.2
2.6
114.7
2.4
.1
127.4
1.6
.1
139.0
1.8
.1
103.7
114.7
125.2
162
163
164
165
166
Compensation of employees
Profit-type return
Net interest
Indirect business taxes, etc
Capital consumption allowances
29.0
14.4
.3
1.6
3.2
31.5
15.1
.5
1.6
3.5
167
Government and government enterprises
56.7
61.1
34.0
16.0
.5
1.8
3.8
65.9
168
169
170
Compensation of employees
Profit-type return
Indirect business taxes, etc
56.4
.3
.1
60.6
.5
.1
64.7
1.0
.1
70.1
.9
.1
75.4
1.2
.1
85.0
1.3
.1
171
Government
50.5
54.3
58.0
62.9
67.6
76.5
172
173
174
175
176
177
178
179
180
181
182
183
184
185
186
187
188
Compensation of employees
Government enterprises
Compensation of employees
Profit-type return
Indirect business taxes, etc
Rest of the world
C om pensation of employees
Profit-type return
Net interest
Addenda.
Nonfarm business
C ompensation of employees
Profit-type return
Net interest...
Indirect business taxes, etc
Capital consumption allowances
Households and institutions
Compensation of employees
50.5
54.3
58.0
62.9
67.6
76.5
6.2
6.8
7.8
8.3
9.1
9.8
5.8
.3
.1
6.2
.5
.1
6.7
1.0
.1
7.3
.9
.1
7.8
1.2
.1
8.5
1.3
.1
.1
.1
85.1
95.2
85.1
95.2
11.2
12.7
9.1
2.0
.1
10.0
2.6
152.5
2.3
.1
137.4
166.6
181.5
165.8
.8
.1
180.0
1.5
.1
149.1
161.1
149.1
161.1
17.5
20.4
16.7
.8
.1
18.8
1.5
.1
9.0
14.4
0
6.8
2.2
0
11.0
3.3
1,138.7
103.7
114.7
125.2
13.5
14.4
15.6
11.0
2.4
.1
4.5
12.7
1.6
.1
13.8
1.8
.1
4.6
6.6
.1
3.7
.7
.1
3.8
.8
.1
4.6
2.0
776.2
807.6
867.9
955.8 1,057.0
394.4
154.2
23.2
80.5
434.3
151.2
27.8
88.3
74.6
458.4
139.2
34.2
96.1
79.8
486.0
152.7
38.0
105.6
85.6
536.0
169.3
41.8
113.6
95.1
603.0
177.7
50.4
123.2
102.7
137.4
17.5
15.1
2.3
.1
5.6
3.1
3.6
3.7
4.3
4.7
4.2
-.1
2.3
.9
-.1
2.6
1.0
0
2.6
1.1
0
3.1
1.2
0
3.3
1.4
0
2.8
1.4
.1
3.0
1.5
433.4
465.9
492.2
529.2
573.8
625.0
658.8
235.3
99.4
9.3
48.7
40.4
251.9
106.1
10.6
52.3
44.9
264.8
112.0
12.0
55.7
47.6
284.4
121.4
13.2
60.0
50.6
306.2
134.0
15.6
63.9
54.2
337.9
143.2
18.7
66.8
58.3
359.1
144.2
20.8
71.7
62.9
14.4
15.5
16.6
17.8
19.2
21.1
23.9
26.4
29.2
31.6
34.7
37.2
40.4
44.8
14.4
15.5
16.6
17.8
19.2
21.1
23.9
26.4
29.2
31.6
34.7
37.2
40.4
44.8
4.6
.1
4.8
0
3.2
1.5
720.2
7.0
0
4.8
2.2
661.0
172.6
63.0
130.9
111.3
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
184
Table 6.2,—Gross National Product by Industry
[Billions of
1949
1950
1951
1952
1953
487.7
490.7
533.5
576.5
598.5
485.9
488.8
531.5
574.7
596.7
26.1
23.9
2.2
28.0
25.7
2.3
27.8
25.5
2.3
29.1
26.9
2.3
28.2
'25.7
2.5
Mining
11.4
11.9
10.5
11.7
7
Contract construction
22.7
26.2
26.2
28.9
8
9
10
Manufacturing
Nondurable coods
Durable goods
114.9
46.4
68.5
121.5
49.6
72.0
115.0
48.8
66.3
11
12
13
14
15
Transportation
_ _»
Railroad transDortation
Trucking and warehousing
Air transDortation
Other *
28.1
11.9
4.0
.6
11.6
27.1
11.6
4.4
.6
10.6
23.8
9.6
4.5
.6
9.1
131.3
53.2
78.1
26.3
10.4
5.6
.7
9.5
16
17
18
Communication
-- -Telephone and telegraph
Radio and television broadcasting
5.0
4.5
.6
5.7
5.1
.6
6.0
5.4
.6
6.3
5.6
19
Klertric. ran and mnitarv services
5.2
5.9
6.5
20
21
22
Wholesale and retail trade
Wholesale trade
Retail trade
76.1
24.3
51.8
78.0
25.0
53.1
79.9
24.8
55.1
23
24
25
Finance, insurance, and real estate
Finance and insurance
Real estate
- —
—
55.6
18.1
37.4
57.3
18.1
39.3
60.9
18.9
42.0
87.6
60.0
27.6
64.7
19.7
45.1
26
27
28
Serv-ces
P rivate households
Other 2
„
55.1
6.2
48.9
56.7
6.1
50.6
57.2
6.1
51.2
29
30
31
32
Government and government enterprises
Government
_- Government enterprises
Residual 3
68.5
57.9
10.5
-1.9
69.0
58.0
11.0
-1.7
1.6
370.8
16.0
Line
1
2
3
4
5
Gross national product
Gross domestic Droduct
Agriculture forestry, and fisheries
Agricultural services forestry, and fisheries.
33
Rest of the world
34
35
Addenda:
Private nonfarm business
Households and institutions
-
--
-
-
-
- .
—
.
—
-
1947
1948
468.3
466.7
1955
1956
1957
1958
1959
621.8
613.7
654.8
668.8
680.9
679.5
720.4
736.8
619.9
611.4
652.2
666.1
678.0
676.5
717.3
733.6
29.0
26.0
2.7
30.3
27.6
2.6
31.1
28.3
2.7
31.9
29.2
2.7
31.4
28.8
2.7
30.8
28.1
2.7
32.0
29.3
2.7
30.9
28 2
2.6
32.2
29 5
2.7
12.8
12.7
13.0
12.6
14.0
14.7
14.7
13.5
14.2
14.4
32.2
33.5
34.5
35.6
37.8
40.4
40.5
41.7
44.9
45.6
146.0
56.1
89.9
150.7
56.4
94.3
161.2
58.6
102.6
149.6
57.9
91.7
165.8
62.4
103.4
166.9
64.4
102.5
167.8
64.9
102.9
153.3
64.5
88.8
170.7
70.0
100.7
172.0
70.5
101.5
29.1
11.7
6.0
.9
10.4
28.2
11.2
6.1
1.1
9.8
28.5
10.9
6.7
1.2
9.6
27.1
9.9
6.7
1.4
9.2
29.5
10.9
7.6
1.6
9.4
31.1
11.2
8.0
1.9
10.0
30.8
10.5
8.3
2.1
9.8
28.7
9.4
8.3
2.1
9.0
30.3
9.8
9.2
2.4
8.9
30.9
9.7
9.4
2.5
9.3
7.0
6.1
.9
7.4
6.4
1.0
8.1
6.9
1.1
8.3
7.0
1.2
9.1
7.6
1.4
9.6
8.2
1.5
10.3
8.7
1.6
10.7
9.0
1.7
11.5
9.8
1.7
12.1
10.3
1.8
1960
8.1
8.7
9.3
10.3
10.8
11.6
12.3
12.8
14.0
15.0
88.3
28.4
60.0
91.1
29.6
61.5
94.0
30.0
64.0
94.6
30.3
64.4
103.2
33.7
69.5
106.2
35.5
70.8
108.0
36.0
72.0
107.9
36.5
71.4
115.8
40.3
75.5
117.9
41.4
76.5
67.0
20.5
46.6
71.5
21.6
49.9
74.4
22.6
51.8
78.1
23.7
54.4
82.4
25.2
57.1
86.2
26.5
59.6
90.2
27.7
62.5
94.0
27.9
66.1
98.7
28.0
70.7
102.3
29.1
73.2
59.4
6.6
52.8
60.6
6.5
54.1
61.6
6.0
55.6
63.0
5.9
57.1
63.1
5.5
57.5
67.5
6.6
61.0
71.1
6.9
64.3
73.3
6.7
66.5
75.8
6.9
68.9
80.3
6.7
73.5
82.2
6.8
75.4
73.1
62.2
10.9
1.8
75.4
64.6
10.8
3.8
89.8
78.8
11.0
5.5
96.6
85.3
11.3
5.7
96.4
85.0
11.3
7.3
94.9
83.9
11.0
6.2
95.4
84.4
11.1
4.8
97.6
86.5
11.1
-.9
100.1
88.9
11.3
-.8
101.7
90.4
11.3
4.4
103.6
91.8
11.8
2.7
107.2
94.9
12.3
1.8
1.8
1.9
1.9
1.8
1.8
2.0
2.3
2.5
2.7
2.9
3.0
3.2
3.2
387.2
16.7
382.1
17.3
417.9
18.3
445.9
18.7
460.7
18.6
480.6
19.3
473.4
19.4
512.5
21.4
529.3
22.5
538.7
23.1
528.2
24.2
569.6
24.9
580.5
26.8
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY
OF CURRENT BUSINESS,
1. Consists of local and interurban passenger transit, water transportation, pipeline transportation, and transportation services.
2. Consists of hotels and other lodging places; personal services; miscellaneous business
services; auto repair, services, and garages; miscellaneous repair services; motion pictures,
.7
1954
7.0
amusement and recreation services, not elsewhere classified; medical and other health services; legal services; educational services; nonprofit membership organizations; and miscellaneous professional services.
3. Equals GNP in constant dollars measured as the sum of final products less GNP in
constant dollars measured as the sum of gross product by industry.
NOTE.—The industry classification is on an establishment basis and is based on the 1967
Standard Industrial Classification.
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
185
in Constant Dollars: Annually, 1947-74
1972 dollars]
Line
1
2
Gross national oroduct
Gross domestic Droduct
1961
1962
1963
1964
1965
755.3
799.1
830.7
874.4
751.2
794.3
825.8
868.7
32.3
29.6
2.8
32.3
29.5
2.8
32.8
30.0
2.8
32.1
29.2
2.8
1966
1967
925.9
981.0
,007.7
,051.8 1,078.8 1,075.3 1,107.5 1,171.1 1,233.4
1,210.7
919.9
975.6
,001.9 1,045.7 1,073.1 1,069.8 1,100.3 1,164.1 1,225.7
1,203.7
33.0
30.1
2.9
31.3
28.4
2.9
32.6
29.6
2.9
1968
32.4
29.4
3.0
1969
33.0
29.9
3.1
1970
1971
1972
1973*
1974*
3
4
5
Agriculture, forestry, and fisheries
Farms
Agricultural services, forestry, and fisheries -
6
Mining
14.4
14.9
15.5
15.9
16.4
17.2
17.5
18.1
18.7
19.1
18.6
18.9
19.2
19.3
7
Contract construction
46.1
47.7
49.2
53.1
56.3
58.4
58.9
61.8
60.4
56.2
56.1
56.6
56.9
53.5
-- - -
171.2
72.0
99.3
186.2
76.2
110.1
201.0
82.1
119.0
215.7
86.4
129.3
235.1
91.0
144.1
254.0
97.0
157.0
254.1
96.9
157.2
268.4
102.9
165.5
276.2
107.2
169.1
260.6
106.2
154.4
264.1
108.7
155.3
288.8
116.8
171.9
309.5
122 3
187.2
293.1
118 6
174.5
.
30.6
9.6
9.8
2.5
8.7
31.9
10.0
10.4
2.7
8.8
33.6
10.5
11.0
3.2
9.0
34.8
10.9
11.3
3.6
9.0
38.0
11.8
13.0
4.3
8.9
40.9
12.6
14.3
4.9
9.0
40.7
11.9
14.1
5.9
8.8
43.5
11.7
16.2
6.6
8.9
44.1
12.1
16.1
7.2
8.8
43.8
11.4
16.1
7.1
9.3
43.4
10.2
17.1
7.2
8.8
46.2
10.3
19.4
7.9
8.7
50.9
11.1
22.8
8.3
8.7
50.7
10.8
22.3
8.6
9 0
25.6
23.5
26.8
24.5
2.3
29.4
26.9
2.5
31.3
28.8
2.6
33.6
30.8
2.8
8
9
10
IVf&niif&cturiiti?
11
12
13
14
15
Transportation
Railroad transportation.
Trucking and warehousing
Air transportation
Otherl
16
17
18
Communication
Telephone and telegraph
Radio and television broadcasting
12.7
10.8
1.9
13.6
11.7
1.9
14.6
12.8
1.8
15.6
13.8
1.8
16.9
15.1
1.8
18.5
16.6
1.9
19.9
18.0
1.9
21.2
19.3
1.9
23.7
21.6
2.2
19
Electric, gas, and sanitary services
15.8
16.5
17.4
18.5
19.4
20.7
21.7
23.5
25.0
20
21
22
Wholesale and retail trade
Wholesale trade
Retail trade
23
24
25
Finance, insurance, and real estate
Finance and insurance
Real estate
26
27
28
Services
Private2 households
Other
29
30
31
32
Government and government enterprises
Government
Government enterprises.
..
Residual 3
Nondurable goods
Durable goods
33
Rest of the world
34
35
Addenda:
Private nonfarm business
Households and institutions
.
-
2.2
36.1
32.8
3.3
35.4
32.0
3.3
36.7
33.2
3.5
34.8
31 5
3.3
27.1
28.0
29.6
26.5
71.5
178.4
106.9
186.8
75.4
111.4
201.2
82.4
118.8
213.1
87.2
125.9
207.1
86.0
121.1
150.2
40.4
109.8
153.7
42.0
111.7
161.7
42.4
119.4
168.6
43.7
124.9
174.8
45.7
129.1
175.9
46.0
130.0
121.4
5.8
115.6
124.7
5.5
119.2
126.6
5.4
121.2
134.5
5.3
129.1
142.7
147.0
110.2
5.0
4.3
137.7
142.7
143.5
127.2
16.3
2.4
148.1
131.7
16.4
-1.8
151.8
135.0
16.7
-5.9
152.0
135.2
16.7
-4.2
153.1
136.0
17.1
-.1
154.9
137.4
17.5
1.7
157.1
138.7
18.4
4.0
159.0
140.8
18.2
2.9
5.4
5.8
6.1
5.7
5.5
7.2
7.0
7.7
7.0
791.1
32.8
807.8
34.8
850.6
35.9
877.4
36.6
871.3
36.3
894 9
36.6
955.8 1,011.9
37.2
37.9
990.0
38.5
119.2
43.0
76.1
126.7
45.6
81.1
131.7
47.8
84.0
139.7
51.3
88.4
148.6
54.5
94.2
156.9
57.9
98.9
160.7
60.6
100.1
170.6
65.7
104.9
174.5
69.0
105.5
107.4
30.4
76.9
115.9
34.0
81.8
115.9
31.3
84.5
119.8
31.3
88.5
127.8
34.0
93.8
132.0
34.2
97.8
137.1
35.8
101.4
143.7
38.2
105.5
85.4
6.6
78.8
88.6
6.5
82.1
92.2
96.9
101.2
106.5
6.3
90.6
95.1
100.6
112.7
6.4
106.3
116.3
6.4
85.7
111.1
98.5
12.6
5.1
115.1
102.1
13.0
4.8
118.3
104.8
13.5
3.6
122.6
108.4
14.2
4.0
127.4
112.4
15.0
-.4
136.4
120.4
15.9
2.8
4.1
4.8
4.9
5.7
6.1
590.9
27.2
629.6
28.3
658.4
29.0
697.1
29.9
746.7
31.1
6.1
34.3
31.1
3.2
5.9
6.1
25.7
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
186
Table 6.3.—National Income Without Capital Consumption
[Millions of
1929
Line
National income without capital consumption adjustment..
1937
1933
43,036
40,532
49,772
57,518
65,395
74,084
59,439
42,643
40,209
49,469
57,151
65,095
73,801
Agriculture, forestry, and fisheries.
8,585
6,537
5,217
3,469
3,789
4,181
6,617
5,768
7,654
8,390
195
6,355
182
5,049
168
3,336
133
3,666
123
4,061
120
6,474
143
5,629
139
7,469
185
2,101
1,660
960
681
628
1,145
1,217
1,547
1,990
466
283
649
499
204
276
281
533
377
193
107
228
377
137
111
23
151
245
210
52
130
260
157
125
172
419
358
71
166
139
446
383
83
262
145
534
490
116
453
137
600
657
143
3,835
3,199
2,220
1,081
21,945
18,296
12,482
7,334
10,642
2,128
256
1,793
1,270
558
1,588
1,123
959
365
602
11,303
859
675
802
2,959
759
1,891
1,047
320
1,384
607
9,761
2,392
299
1,406
1,013
502
1,503
1,034
836
282
494
8,535
620
506
616
2,209
637
1,483
826
293
841
504
7,525
1,865
325
1,151
821
387
1,224
831
291
238
392
4,957
285
372
444
1,116
416
757
508
151
561
347
5,248
1,420
316
720
516
269
890
566
117
122
312
2,086
126
211
131
421
204
304
250
99
168
172
7,705
4,944
1,358
152
708
561
290
809
626
55
110
275
2,761
136
182
215
699
160
426
279
80
382
202
6,605
5,594
4,363
3,216
4,561
824
566
266
-3
129
262
3,746
765
544
216
-10
105
228
2,816
633
487
173
4
81
1,974
512
429
127
10
56
108
812
Manufacturing
Nondurable goods..
Food and kindred products
Tobacco manufactures
Textile mill products
Apparel and other finished fabric products
Paper and allied products
Printing, publishing, and allied industries
Chemicals and allied products
Products of petroleum and coal
Rubber products.
----Leather and leather products
Durable goods
-—
Lumber and timber basic products
Furniture and finished lumber products
Stone, clay, and glass products
Iron and steel and their products, including ordnance..
Nonferrous metals and their products
Machinery, except electrical
Electrical machinery
Transportation equipment, except automobiles.
Automobiles and automobile equipment
Miscellaneous manufacturing
Transportation
Railroads
Local and highway passenger transportation
Highway freight transportation and warehousing
Water transportation.
Air transportation (common carriers)
Pipeline transportation
Services allied to transportation
Communication
Telephone, telegraph, and related services.
Radio broadcasting and television
47
Electric, gas, and sanitary services
48
49
Utilities: electric and gas
Local utilities and public services, n.e.c.
Wholesale and retail trade
54
55
56
57
58
59
1935
75,775
Metal mining
Anthracite mining
Bituminous and other soft coal mining
Crude petroleum and natural gas
Nonmetallic mining and quarrying
Contract construction.
53
1934
75,029
Mining
51
52
1933
86,326
Agricultural services, forestry, and fisheries.
50
1932
87,136
Farms
45
46
1931
•
Domestic income
44
1930
Wholesale trade
Retail trade and automobile services..
Finance, insurance, and real estate..
Banking
Security and commodity brokers, dealers, and exchanges.
Finance, n.e.c
Insurance carriers
Insurance agents and combination offices
Real estate
Services.
Hotels and other lodging places
Personal services
Private households
Commercial and trade schools and employment agencies.
Business services, n.e.c
Miscellaneous repair services and hand trades
Motion pictures
Amusement and recreation, except motion pictures
Medical and other health services
Legal services
Engineering and other professional services, n.e.c
E ducational services, n.e.c
Nonprofit membership organizations, n.e.c
Government and government enterprises
Federal
Government
Government enterprises
State and local
Government
Government enterprises
Rest of the world
1,128
1,092
1,100
1,083
9
28
1,638
1,560
78
13,511
4,261
9,250
13,144
2,018
726
984
16
1,644
42
1,118
1,342
2,042
2,104
11,100
13,390
16,294
19,450
6,488
1,637
159
1,114
808
418
949
733
111
140
419
4,612
282
283
338
1,103
385
739
383
131
649
319
7,313
1,895
211
1,209
867
460
1,050
811
211
217
382
6,077
342
341
415
1,491
463
1,016
529
143
929
8,224
2,096
142
1,365
987
503
1,183
963
339
216
430
8,070
459
441
580
2,072
558
1,399
712
236
1,154
459
9,591
2,418
202
1,607
1,009
564
1,259
1,168
604
294
466
9,859
570
507
655
2,604
701
1,761
914
337
1,299
511
3,038
3,419
3,693
4,266
4,635
1,861
450
423
153
10
47
94
2,059
485
473
178
8
103
113
2,236
478
533
200
14
106
126
2,618
534
594
243
22
107
148
2,802
546
661
295
26
130
177
788
702
771
807
884
984
791
21
14
739
32
770
37
831
53
918
66
1,556
1,716
1,463
1,287
1,419
1,439
75
1,541
57
1,402
61
1,229
58
1,353
66
1,376
63
12,357
9,911
6,532
5,625
8,310
9,408
10,768
12,354
4,085
3,221
6,690
2,201
4,331
1,810
3,815
2,545
5,765
2,972
6,436
3,287
7,481
3,971
8,383
9,130
7,350
6,284
6,056
6,435
7.119
7,729
1,206
—45
-42
191
—11
552
289
4,571
539
214
10
636
315
4,342
662
227
66
709
330
4,441
775
346
125
785
34^
4,741
5,183
1,<
8,272
11,067
1,651
65
6,949
915
100
-71
564
328
5,514
8,277
7,142
5,565
5,046
5,688
6,090
6,755
7,426
577
1,218
568
306
438
336
1,472
683
184
363
609
465
1,040
1,148
31
450
276
361
268
1,302
701
152
362
586
814
836
22
363
228
194
177
1,033
591
102
342
528
291
707
733
20
338
191
210
154
945
561
98
312
486
361
790
851
23
432
203
283
197
1,033
600
113
310
492
383
865
912
29
483
218
329
211
1,11
624
121
315
488
418
962
1,017
32
578
230
391
253
1,250
647
144
327
506
473
1,113
1,190
39
610
247
437
305
1,320
680
156
347
509
5,083
5,306
5,416
5,140
5,317
6,262
6,713
8,096 |
7,759
1,450
869
581
3,633
1,489
905
584
3,817
3,630
187
1,493
911
582
3,923
3,737
186
1,41870
544
3,726
3,565
161
1,640
1,155
485
3,677
3,531
146
2,225
1,685
540
4,037
2,371
1,757
614
4,342
4,178
164
4,220
3,558
662
3,876
3,696
180
3,675
3,000
675
4,084
3,889
195
810
746
393
323
303
300
283
421
8,961
8,751
1,287
1,718
40
568
315
440
379
1,532
689
206
353
601
n.e.c. Not elsewhere classified.
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT BUSINESS.
NOTE.—The
industry classification of compensation of employees, proprietors' income, and
Digitizedrental
for
FRASER
income is on an establishment basis; the industry classification of corporate profits
1,641
97
—14
775
402
8,166
54'
153
241
140
and net interest is on a company basis. The industry classification of these items is based on
the 1967 Standard Industrial Classification beginning with 1948 and on the 1942 Standard
Industrial Classification prior to 1948. Estimates for 1948 of national income without capital
consumption adjustment based on the 1942 Standard Industrial Classification are available
from the Bureau of Economic Analysis.
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
187
Adjustment by Industry: Annually, 1929-74
dollars]
1940
Line
National income without capital consumption adjustment.
Domestic income
Agriculture, forestry, and fisheries..
Farms
Agricultural services, forestry, and fisheries..
Mining
Metal mining
Anthracite mining
Bituminous and other soft coal mining
Crude petroleum and natural gas
Nonmetallic mining and quarrying
Contract construction.
Manufacturing
Nondurable goods
Food and kindred products
Tobacco manufactures
Textile mill products
Apparel and other finished fabric products
Paper and allied products
Printing, publishing, and allied industries
Chemicals and allied products
Products of petroleum and coal
Rubber products
Leather and leather products
Durable goods
Lumber and timber basic products
Furniture and finished lumber products
Stone, clay, and glass products
Iron and steel and their products, including ordnance.
Nonferrous metals and their products
Machinery, except electrical
Electrical machinery
-.
Transportation equipment, except automobiles
Automobiles and automobile equipment
Miscellaneous manufacturing
Transportation
Railroads
Local and highway passenger transportation
Highway freight transportation and warehousing.
Water transportation
Air transportation (common carriers)
Pipeline transportation
Services allied to transportation
Communication.
Telephone, telegraph, and related services.
Radio broadcasting and television
Electric, gas, and sanitary services
Utilities: electric and gas
Local utilities and public services, n.e.c..
Wholesale and retail trade
Wholesale trade
Retail trade and automobile servicesFinance, insurance, and real estate
Banking
Security and commodity brokers, dealers, and exchanges.
Finance, n.e.c
Insurance carriers
Insurance agents and combination offices
Real estate
Services.
Hotels and other lodging places
Personal services
Private households
Commercial and trade schools and employment agencies.
Business services, n.e.c
Miscellaneous repair services and hand trades
Motion pictures
Amusement and recreation, except motion pictures
Medical and other health services
_
Legal services
Engineering and other professional services, n.e.c
Educational services, n.e.c
Nonprofit membership organizations, n.e.c
Government and government enterprises
Federal
Government
Government enterprises
State and local
Government
Government enterprises
Rest of the world
1941
1942
1943
1944
1945
1946
72,984
81,564
104,715
138,025
171,346
183,684
182,451
182,942
72,671
81,201
104,346
137,652
170,999
183,311
182,140
182,407
6,033
6,145
8,436
12,649
14,943
15,116
15,683
18,455
5,861
172
5,971
174
8,235
201
12,394
255
14,664
279
14,785
331
15,320
363
18,041
414
1,633
1,932
2,360
2,588
2,764
2,960
2,794
3,028
345
125
503
529
131
443
137
624
576
- 152
505
165
806
678
206
581
192
990
571
254
498
214
1,133
668
251
403
238
1,264
825
230
334
218
1,194
819
229
290
287
1,254
887
310
2,342
2,589
4,219
6,491
5,477
4,146
4,292
6,541
18,094
22,481
33,211
45,437
58,253
60,331
52,186
49,218
10,314
2,480
267
1,515
1,152
664
1,264
1,492
691
324
465
12,167
601
563
761
3,081
792
2,180
1,136
816
1,599
12,894
2,763
230
2,072
1,476
1,029
1,375
1,943
889
496
621
20,317
918
784
1,072
5,082
1,206
3,847
1,897
2,267
2,349
895
16,584
3,706
190
2,856
1,937
1,123
1,445
2,776
1,174
597
19,647
4,402
192
3,017
2,424
1,256
1,748
3,350
1,499
21,006
4,954
284
2,965
2,707
1,347
2,030
3,350
1,465
1,020
884
39,325
1,158
1,028
1,136
9,044
5,819
3,720
12,465
1,401
1,619
21,222
5,005
236
3,012
2,915
1,339
2,235
3,216
1,410
929
925
30,964
1,086
1,052
1,146
7,388
1,686
5,087
3,056
7,742
1,116
1,605
24,896
5,552
320
4,013
3,368
1,719
2,707
3,282
1,765
1,086
1,084
24,322
1,491
1,373
1,576
5,591
1,780
4,754
2,409
1,690
1,957
1,701
11,243
10,536
10,359
1,218
1,313
595
151
129
416
1,293
1,359
857
175
145
522
5,995
1,305
1,404
989
192
131
520
5,452
1,507
1,721
823
219
128
509
2,302
309
1,267
1,043
555
1,221
1,203
480
280
433
9,001
503
507
666
2,274
593
1,496
858
399
1,183
522
4,643
2,734
515
743
280
44
131
196
780
28,853
1,099
883
1,174
6,898
1,493
5,396
2,475
6,217
2,009
1,209
38,606
1,144
951
1,194
9,071
1,945
5,927
3,357
12,107
1,333
1,577
10,791
5,039
6,302
8,604
526
819
336
57
131
231
3,774
582
1,027
432
77
145
265
5,566
904
1,190
425
113
117
1,075
1,111
1,237
1,474
1,683
1,822
1,929
2,186
76
1,020
91
1,131
106
1,365
109
1,544
139
1,647
175
1,743
186
1,981
205
1,766
1,925
2,072
2,187
2,243
2,227
2,290
2,616
1,702
64
1,858
67
2,001
71
2,115
72
2,164
79
2,144
83
2,202
88
2,522
94
12,604
20,423
23,882
25,768
28,010
34,626
10,454
24,172
14,460
17,411
3,876
8,728
4,500
5,276
12,135
6,223
14,200
16,959
7,647
18,121
8,244
19,766
8,501
8,829
9,819
11,277
12,202
12,893
13,596
16,068
880
204
163
904
390
5,960
980
186
186
872
405
6,200
1,096
148
220
903
444
7,008
1,186
105
362
8,173
1,406
209
280
1,026
488
8,793
1,658
223
271
1,028
529
9,184
1,824
388
267
1,021
568
9,528
2,228
394
45
1,397
750
11,254
7,471
7,945
8,789
10,193
11,726
13,090
14,065
16,621
1,322
2,563
2,124
90
1,482
839
1,129
816
3,021
957
480
634
1,164
261
448
310
1,460
719
193
381
564
585
1,292
1,240
57
781
350
513
368
1,571
763
264
400
605
675
1,552
1,480
112
829
419
652
388
1,802
793
385
425
681
878
1,899
1,600
159
916
610
830
436
1,985
814
344
471
784
990
2,015
1,890
134
1,056
701
882
507
2,336
874
320
503
882
1,087
2,121
2,145
72
1,182
703
929
613
2,454
930
335
544
950
8,509
8,745
10,490
16,329
27,035
33,715
36,759
22,689
4,119
3,400
719
4,390
4,185
205
4,218
3,472
746
4,527
4,289
238
5,825
5,017
808
4,665
4,388
277
11,560
10,642
918
4,769
4,473
296
22,036
20,897
1,139
4,999
4,663
28,437
27,249
1,188
5,278
4,938
340
31,029
29,781
1,248
5,730
5,370
16,088
14,598
1,490
6,601
6,195
406
313
363
373
347
373
311
535
485
1,053
1,132
34
642
261
434
288
1,378
692
181
370
521
532
1,154
1,221
188
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
Table 6.3.—National Income Without Capital Consumption
[Millions of
National income without capital consumption
adjustment..
Domestic income
Agriculture, forestry, and fisheries.
Farms
1948
1949
225,857
219,189
224,694 218,044
1960
1961
1962
1963
242,826
280,059
293,525
306,984
241,493
278,530
292,052 305,456
1954
1955
1956
1957
1958
305,328 333,273
353,037
368,786
370,807
403,617
303,519
350,871
366,485
368,564
401,201
331,294
1959
22,271
17,349
18,290
20,994
20,035
17,916
17,132
16,104
16,109
16,240
18,610
16,399
21,622
649
16,678
671
17,572
718
19,180
855
16,204
928
15,174
930
15,155
954
15,294
946
17,635
975
15,413
986
5,447
17,044
872
5,459
5,271
5,901
6,536
5,730
5,468
741
1,309
2,506
715
940
1,454
2,709
798
917
1,771
3,019
829
722
1,412
2,793
590
1,334
2,693
851
4,552
5,259
20,206
788
5,753
Metal mining-_
Coalmining
Oil and gas extraction
Nonmetallic minerals, except fuels..
Contract construction
615
2,460
1,915
457
488
1,726
1,874
464
658
2,006
2,053
542
753
2,123
2,251
626
1,839
2,351
796
1,716
2,282
665
10,696
10,612
11,972
14,183
15,306
15,701
15,690
16,757
19,405
18,891
20,529
Manufacturing
68,795
64,844
76,2%
90,318
92,605
100,501
94,708
107,976
116,348
107,900
124,163
32,911
7,635
418
5,037
3,601
2,353
3,357
4,108
3,880
1,267
1,255
35,884
2,784
1.193
2,297
6,157
4,362
6,329
4,031
30,556
7,458
495
4,017
3,430
2,184
3,503
4,149
3,046
1,155
1,119
34,288
2,341
1,166
2,246
5,631
3,980
5,754
3,794
33,364
7,734
468
4,406
3,528
2,706
3,691
4,944
3,443
1,318
1,126
42,932
2,960
1,403
2,810
7,402
5,071
6,619
4,823
38,412
8,185
546
5,053
3,920
40,332
9,319
702
4,294
'4,163
3,930
5,990
4,127
1,927
1,348
51,906
3,340
1,538
3,199
9,371
6,025
9,140
5,758
38,259
8,870
586
4,468
4,026
3,151
4,188
5,776
3,819
2,016
1,359
54,346
3,115
1,604
3,016
8,252
5,961
9,962
6,584
4,535
6,093
4,444
2,080
1,365
60,169
3,044
1,618
3,332
9,714
6,581
10,048
7,331
39,719
9,433
691
3,705
3,961
3,410
4,715
6,238
4,430
1,782
1,354
64,989
2,891
1,558
3,379
8,015
6,271
9,140
6,688
44,046
10,316
706
4,184
4,203
3,810
5,142
7,354
4,761
2,174
1,396
63,933
46,375
10,690
814
4,045
4,430
4,124
5,804
7,985
4,484
2,493
1,506
69,973
2,981
1,939
4,169
11,803
7,786
11,529
8,721
45,771
11,151
880
3,872
4,421
4,084
5,731
7,817
4,027
2,372
1,416
62,129
2,970
1,804
4,072
9,534
7,235
9,894
8,400
51,243
12,179
982
4,481
4,759
4,629
6,279
9,094
4,479
2,796
1,566
72,920
3,539
2,071
4,765
10,890
8,086
11,751
10,198
2,058
4,029
1,038
1,606
2,093
4,800
1,018
1,465
2,264
6,586
1,268
1,726
3,781
6,306
1,619
1,829
5,807
6,379
1,827
1,839
6,949
7,588
2,009
1,955
6,442
2,021
1,888
6,639
9,548
2,171
2,084
7,355
7,364
2,424
2,173
8,590
7,783
2,503
2,170
8,243
5,387
2,463
2,127
8,443
7,951
2,881
2,345
12,809
12,066
13,380
14,962
15,509
15,861
14,639
15,962
17,005
17,446
16,545
17,889
7,503
1,554
4,914
1,621
1,031
321
502
6,736
1,513
4,989
1,410
1,092
330
475
6,929
1,608
5,712
1,513
1, 255
359
513
6,657
7,014
7,728
5,927
730
6,243
771
6,878
850
Agricultural services, forestry, and fisheriesMining
Nondurable goods
Food and kindred products
Tobacco manufactures
Textile mill products..
Apparel and other textile products
Paper and allied products
Printing and publishing
Chemicals and allied products
Petroleum and coal products
Rubber and plastic products, n.e.c
Leather and leather products
Durable goods.
Lumber and wood products..
Furniture and fixtures
Stone, clay, and glass products
Primary metal industries
Fabricated metal products
Machinery, except electricalElectrical equipment and supplies.
Transportation equipment, except motor vehicles
and equipment, and ordnance.
Motor vehicles and equipment
Instruments and related products__
M iscellaneous manufacturing industries
Transportation
Railroad transportation
Local and interurban passenger transit.
Trucking and warehousing
Water transportation
Air transportation
Pipeline transportation
Transportation services
Communication Telephone and telegraph
Radio and television broadcasting.
Electric, gas, and sanitary services.
Wholesale and retail trade
Wholesale tradeRetail trade
Finance, insurance, and real estate.
Banking
Credit agencies other than banks
Security and commodity brokers, dealers, and
services
Insurance carriers
Insurance agents, brokers, and services
Real estate
Holding and other investment companies
Services.
Hotels and other lodging places
Personal services
Miscellaneous business services
Auto repair, services, and garages
Miscellaneous repair services
Motion pictures
Amusement and recreation services, n.e.c.
Medical and other health services
Legal services
Educational services
Nonprofit membership organizations
Miscellaneous professional services
Private households
Government and government enterprises
Federal
Government
Government enterprises
State and local
Government
Government enterprises
Rest of the world
.
5,513
1,040
1,753
2,923
870
18,649
113,175
46,253
10,368
750
4,261
4,490
4,299
5,484
7,618
5,054
2,435
1,494
66,922
3,433
1,929
1,808
4,206
4,051
10,508 11,307
7,398
6,975
9,630 11,366
7,123
7,967
7,124
1,471
2,325
1,062
345
194
288
6,362
1,415
2,403
985
391
205
305
7,073
1,406
2,839
1,025
474
259
304
7,772
1,506
3,125
1,328
582
284
365
7,897
1,550
3,416
1,304
654
294
394
7,686
1,531
3,840
1,392
725
288
6,547
1,485
3,877
1,233
788
297
412
7,102
1,493
4,340
1,416
879
293
439
7,549
1,490
4,659
1,547
975
313
472
2,820
3,036
3,347
3,868
4,283
4,761
5,065
5,660
6,159
2,565
255
2,772
264
3,029
318
3,476
392
3,847
4,279
482
4,522
543
5,018
642
5,461
3,176
3,652
3,912
4,551
5,053
5,435
5,928
6,222
6,643
7,000
7,450
8,140
39,877
39,049
40,950
45,100
46,694
47,285
48,271
52,296
54,844
57,292
58,369
63,423
12,849
27,028
12,179
26,870
13,297
27,653
15,578
31,116
15,764
31,521
15,823
32,448
17,845
34,451
19,340
35,504
20,338
36,954
20,818
37,551
22,775
40,648
19,080
20,469
22,811
15,361
29,739
24,932
27,421
30,307
33,053
35,307
37,235
39,779
42,852
46,296
5,750
-457
6,017
-596
6,637
-1,022
935
3,227
1,635
1,394
4,559
1,868
32,469
391
2,541
-157
2,703
-171
3,035
-313
3,483
-371
3,818
4,230
-414
4,465
-341
4,775
-383
5,361
-466
292
1,916
677
13,765
46
311
2,342
701
14,564
19
415
2,205
824
16,545
100
428
2,269
938
18,033
152
444
2,628
1,084
19,676
164
476
3,085
1,192
21,570
168
3,297
1,330
23,435
185
805
3,256
1,372
25,233
249
3,058
1,513
26,563
340
351
1,192
3,979
1,740
30,238
282
19,976
20,410
21,702
23,473
24,983
26,743
27,687
31,053
33,816
36,375
38,339
42,078
1,344
2,842
1,436
909
704
903
831
3,921
1,176
944
1,462
1,140
2,364
1,364
2,912
1,471
842
651
886
804
4,040
1,257
1,010
1,652
1,164
2,357
1,390
3,024
1,680
865
667
867
789
4,407
1,344
1,078
1,766
1,252
2,573
1,466
3,167
1,941
933
752
878
821
4,823
1,455
1,139
1,932
1,504
2,662
1,560
3,281
2,199
959
815
870
881
5,269
1,515
1,189
2,054
1,776
2,615
1,595
3,421
2,478
1,013
838
850
985
5,798
1,606
1,267
2,267
1,934
2,691
1,626
3,505
2,663
1,035
826
955
1,040
5,871
1,758
1,370
2,441
2,026
2,571
1,720
3,665
3,003
1,173
877
981
1,122
7,093
1,926
1,488
2,628
2,324
3,053
1,815
3,921
3,484
1,337
978
951
1,197
7,526
1,979
1,685
2,825
2,850
1,909
4,200
3,834
1,324
1,042
900
1,236
8,272
2,131
1,847
3,070
3,287
3,323
1,893
4,241
4,096
1,448
987
827
1,377
9,068
2,232
1,999
3,337
3,331
3,503
2,071
4,470
4,715
1,605
1,009
894
1,507
10,127
2,612
2,195
3, 756
3,564
3,553
19,747
22,005
23,574
30,396
34,650
35,487
36,075
38,056
40,650
43,407
46,864
49,088
21,719
18,975
2,744
18,931
17,621
1,310
22,481
19,567
2,914
20,926
19,558
1,368
23,792
20, 545
3,247
23,072
21,578
1,494
24,205
20,862
3,343
24,883
23,133
1,750
2,166
2,301
2,243
2,416
10,586
8,910
1,676
9,161
8,521
640
11,856
9,999
1,857
10,149
9,442
707
12,669
10,734
1,935
10,905
10,145
760
18,377
16,237
2,140
12.019
11,160
859
21,342
18,909
2,433
13,308
12,252
1,056
21,015
18,608
2,407
14,472
13,334
1,138
20,190
17,780
2,410
15,885
14,698
1,187
20,945
18,357
2,588
17, 111
15,837
1,274
1,163
1,145
1,333
1,529
1,473
1,528
1,809
1,979
1960
189
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
Adjustment by Industry: Annually, 1929-74—Continued
dollars]
1961
1962
1963
1964
1965
1966
1967
1970
1971
1972
1973*
National income without capital consumption
adjustment
429,761 459,728 484,026 519,526 565,434 621,601 655,616 715,732 771,071 804,425 866,020 956,771 1,075,748 1,157,461
Domestic income
426,676 456,158 480,348 515,176 560,753 617,407 651,055 710,979 766,607 799,809 859,406 949,722 1,066,705 1,143,058
Agriculture, forestry, and fisheries...
18,118
18,636
18,463
17,620
20,366
21,866
20,694
21,303
24,066
24,455
30,649
47,756
Farms
Agricultural services, forestry, and fisheries..
Mining
17,056
1,062
17,363
1,273
17,203
1,260
16,185
1,435
18,805
1,561
20,177
1,689
18,931
1,763
19,364
1,939
21,856
2,210
22,191
2,264
23,182
2,500
27,897
2,752
44,609
3,147
5,607
5,433
5,776
5,987
6,013
6,229
6,785
6,978
7,810
7,425
8,700
10,395
844
1,196
2,697
870
746
1,151
2,604
932
790
1,235
2,714
1,037
851
1,360
2,659
1,117
856
1,372
2,670
1,115
998
1,423
2,625
1,183
620
1,491
3,045
1,229
1,465
3,219
1,219
975
1,551
3,186
1,266
1,179
2,231
3,099
1,301
998
2,188
2,768
1,471
1,073
2,493
3,563
1,571
1,540
2,925
4,032
1,898
21,726
23,202
24,707
27,077
29,840
32,653
34,105
37,289
41,952
43,821
47,771
Metal mining
Coalmining
Oil and gas extraction
Nonmetallic minerals, except fuels.
Contract construction..
Manufacturing
Nondurable goods
Food and kindred products
Tobacco manufactures
Textile mill products
Apparel and other textile products
Paper and allied products
Printing and publishing
Chemicals and allied products
Petroleum and coal products
Rubber and plastic products, n.e.c
Leather and leather products
Durable goods
Lumber and wood products
Furniture and fixtures
Stone, clay, and glass products
Primary metal industries
Fabricated metal products
Machinery, except electrical
Electrical equipment and supplies
Transportation equipment, except motor vehicles
and equipment, and ordnance
Motor vehicles and equipment
Instruments and related products
Miscellaneous manufacturing industries
52,277
58,327
124,698 135,999 143,189 154,081 170,361 189,399 193,159 210,811 221,353 215,388 224,704 251,811
281,589
52,532
12,563
1,053
4,298
5,009
4,887
6,784
9,409
4,161
2,829
1,539
72,166
3,187
2,053
4,513
10,154
8,048
11,859
10,887
106.615
20,820
1,811
8,596
10,202
11,020
14,632
20,084
8,814
8,271
2,365
174,974
9,431
4,872
9,698
21,617
20,394
31,867
26,394
54,958 57,224
12,842 13,419
1,210
1,137
4,753
4,656
5,597
5,433
5,088 5,264
7,398
7,093
9,807 10,501
4,073
4,059
3,278
3,161
1,731
1,682
81,041 85,965
3,755
3,445
2,365
2,261
5,037
4,713
11,458
10,833
9,184
8,781
13,448 14,099
12,109 12,309
2,435
9,856
9,817
3,250
2,528
10,437
11,298
3,447
2,576
61,324 65,416 72,106 74,526 81,286 85,525
91,505 97,943
14,153 14,232 15,672 16,174 17,073 17,818 19,579 20,070 20,286
1,143
1,696
1,267
1,773
1,730
1,475
1,181
1,096
1,350
7,525
7,646
8,374
7,535
5,213
5,872 6,438
7,108
7,474
8,873
9,640
8,594 8.722
6,007 6,494 7,134
8,213
6,820 7,486
7,968
8.337
9,421
8,132
5,579
6,005 6,706
9,934 10,760 11,724 11,883 12,462 13,530
8,252
8,725
11,288 12,398 13,616 13,658 15,364 15,970 16,042 16,800 18,337
5,274
6,632 6,897 7,088
6,043 6,098 5,943
4,299
4,811
4,498 4,721
3,569
3,939
5,548 6,090 5,804 6,458 7,421
2,057
2,237 2,189
2,116
2,244
2,149
1,783
1,844
2,286
92,757 104,945 117,293 118,633 129,525 135,828 127,300 133,199 153,868
6,114
6,055 7,664
4,618
5,537
4,557
4,145
4,534
5,419
4,526
3,912 3,715
3,820
3,189
2,584 2,904 3,190
3,497
7,534
8,670
5,867
6,976
5,765
5,409
5,654
6,309
18,474
15,494
16,024
16,286
15,757
15,149
12,947 14,491
15,654
10,095 11,475 12,975 13,365 14,442 15,344 14,812 15,284 17,769
16,052 18,239 21,181 21,794 22.862 24,559 24,353 23,552 27,294
12,759 14,855 17,433 18,538 19,694 20,753 20,132 20,631 23,353
10,683 11,330 13,731 15,306 16,587 16,132 14,480 13,487 14,864
11,807 14,455 14,188 12,560 15,829 15,826 12,086 17,504 20,211
6,457
6,159
3,606
5,653
5,797
5,800
5,103
4,128 4,908
3,767
4,586
2,670 2,880 3,178
3,579
3,740
3,307
4,038
18,252
19,019
19,943
21,131
23,069
24,800
25,203
27,005
28,797
30,308
32,964
36,453
41,565
6,517
1,653
6,101
1,631
1,404
349
597
6,437
1,677
6,633
1,704
1,631
335
602
6,611
1,695
6,963
1,802
1,844
400
6,690
1,750
7,477
1,953
2,202
381
678
7,016
1,897
8,396
1,982
2,636
390
752
7,275
1,957
9,068
2,265
2,970
402
6,775
2,040
9,265
2,314
7,291
2,155
11,363
2,405
4,085
457
1,041
7,612
2,308
11,830
2,503
4,358
528
1,169
7,981
2,476
13,467
2,358
4,916
544
1,222
8,355
2,464
15,492
2,480
5,665
653
1,344
9,453
2,582
17,609
2,900
6,646
808
1,567
Communication.
8,612
9,291
9,889
10,602
11,497
12,707
417
994
13,384
6,953
2,216
10,461
2,499
3,509
410
957
14,563
16,344
17,600
18,343
20,311
21,849
Telephone and telegraph
Radio and television broadcastingElectric, gas, and sanitary services-
7,703
909
9,493
1,109
10,255
1,242
11,336
1,371
12,035
1,349
13,065
1,498
14,730
1,614
15,887
1,713
16,554
1,025
8,791
1,098
18,181
2,130
19,507
2,342
13,548
14,371
Transportation.
Railroad transportation
Local and interurban passenger transit.
Trucking and warehousing.
Water transportation
Air transportation
Pipeline transportation
Transportation services
Wholesale and retail trade
Wholesale tradeRetail trade
Finance, insurance, and real estate
Banking
Credit agencies other than banks
Security and commodity brokers, dealers, and
services
Insurance carriers
Insurance agents, brokers, and services
Real estate
Holding and other investment companies
Services
Hotels and other lodging places
Personal services
Miscellaneous business services
Auto repair, services, and garages
Miscellaneous repair services
Motion pictures
Amusement and recreation services, n.e.c.
Medical and other health services
Legal services
Educational services
Nonprofit membership organizations
Miscellaneous professional services
Private households
Government and government enterprises.
Federal
Government
Government enterprises. State and local
_
Government
Government enterprises
Rest of the world
8,645
7~"
15,834
22,814
7,186
4,867
1,789
9,331
9,731
10,333
10,974
11,442
12,165
12,659
65,743
69,837
72,961
79,248
84,662
91,335
97,643 106,883 115,618 122,213
24,215
41,528
25,498
44,339
14,864
17,589
18,773
144,606
162,599
54,401
47,939 90,205
84,927
50,792 53,591 56,101 59,173 63,987
74,477 81,124 86,738 92,625 103,113 112,493
7,322
7,569
7,976
8,415
8,943
9,774 10,726 12,269 15,039 16,448 15,960 17,074
-1,324 -1,456 -1,560 -1,879 -1,617 -1,678 -2,155 -2,183 -2,880 -1,981 -2,269 -3,381
63,389
99, 210
26,729
46,232
28,600
50,648
30,469
54,193
33,446
57,889
69,826
16,271
35,295
62,348
1,675
5,055
2,123
35,563
378
1,276
5,279
2,310
38,092
521
1,403
5,226
2,444
40,292
320
1,561
5,464
2,727
42,733
152
1,942
5,880
2,957
45,741
141
2,423
6,913
3,193
48,775
426
3,131
7,454
3,295
51,420
606
47,441
50,869
54,239
59,156
64,142
71,391
2,125
4,796
5,548
1,804
1,170
923
1,784
11,307
3,064
2,696
4,531
3,959
3,734
2,272
5,007
6,112
1,983
1,203
890
1,833
12,285
3,243
3,010
4,924
4,300
3,807
2,446
5,255
6,648
2,131
1,304
916
1,964
13,150
3,528
3,321
5,157
4,588
3,831
2,614
5,656
7,493
2,317
1,374
1,056
2,104
14,604
3,834
3,681
5,423
5,084
3,916
3,402
2,964
6,536
5,965
9,561
8,399
2,592
2,402
1,696
1,494
1,337
1,201
2,432
2,201
15,790 17,583
4,668
4,197
4,687
4,145
5, 787 6,401
6,474
5,629
4,022
3,968
56,356
60,550
64,747
70,127
75,374
38,594
41,984
73,634
132,866
44,860
77,353
121,170
20,431
-4,580
55,036
567
3,461
7,960
3,847
58,727
584
4,348
12,507
5,217
76,373
355
3,173
12,941
5,677
83,325
203
79,096
86,457
95,650 103,304 111,220 122,344
136,891
3,720
6,924
10,655
2,835
1,744
1,349
2,574
20,172
5,003
5,156
6,999
7,264
4,701
4,083
7,246
11,587
3,068
1,884
1,514
2,876
22,850
5,296
5,677
7,646
7,874
4,856
4,418
7,380
13,128
3,427
2,115
1,473
2,959
26,166
5,829
6,249
8,590
9,000
4,916
5,507
7,471
16,551
4,492
2,557
1,576
3, 745
36,586
8,398
8,010
10,646
11,456
5,349
6,246
7,754
19,410
5,255
2,879
1,714
4,378
40,825
9,593
8,992
11,357
13,097
5,391
85,036
94,250 105,211 114,740 127,421 139,047 152,489
165,791
62,416
51,931
10,485
103,375
97,191
6,184
9,043
4,092
7,735
2,733
9,269
4,223
61,812
121
4,659
7,436
14,051
3,616
2,149
1,581
3,321
29,472
6,691
8,912
9,673
5,055
4,107
11,253
4,744
69,161
157
4,988
7,344
14,729
4,111
2,316
1,560
3, 485
32,569
7,522
7,143
10,017
10,259
5,177
26,460
22,594
3,866
29,896
27,934
1,962
28,115
24,064
4,051
32,435
30,243
2,192
29,565
25,164
4,401
35,182
32,857
2,325
31,680
27,003
4,677
38,447
35,873
2,574
28,298
5,005
42,071
39,294
2,777
37,921
32,431
5,490
47,115
44,115
3,000
41,493
35,612
5,881
52,757
49,530
3,227
45,826
39,273
6,553
59,385
55,906
3,479
48,924
41,801
7,123
65,816
61,939
3,877
53,093
44,723
8,370
74,328
69,964
4,364
55,654
46,763
8,891
78,486
4,907
59,724
50,060
9,664
92,765
87,312
5,453
3,085
3,570
3,678
4,349
4,681
4,194
4,561
4,753
4,464
4,616
6,614
7,049
43,772
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
190
Table 6.4.—National Income Without Capital Consumption Adjustment by Industry:
[Billions of
1929
National income without capital consumption adjustment..
1930
1931
1932
1933
1934
1935
60.0
43.0
40.5
49.8
57.5
65.4
74.1
67.9
73.0
42.6
40.2
49.5
57.2
65.1
73.8
67.5
72.7
1937
1938
87.1
75.8
86.3
75.0
8.6
5.9
6.5
4.9
5.2
3.2
3.5
1.8
3.8
1.4
4.2
2.3
6.6
2.6
5.8
3.6
7.7
4.1
6.0
3.5
6.0
4.0
21.9
10.6
11.3
18.3
9.8
8.5
12.5
7.5
5.0
7.3
5.2
2.1
7.7
4.9
2.8
11.1
6.5
4.6
13.4
7.3
6.1
16.3
8.2
8.1
19.5
9.6
9.9
15.2
8.4
6.7
18.1
9.1
9.0
6.6
1.1
5.6
1.1
4.4
1.0
3.2
.8
3.0
.7
3.4
.8
3.7
.8
4.3
.9
4.6
1.0
4.1
1.0
4.6
1.1
Electric, gas, and sanitary services
Wholesale and retail trade.
Wholesale trade
Retail trade
1.6
13.5
4.3
9.3
1.6
12.4
4.1
8.3
1.6
9.9
3.2
6.7
1.5
6.5
2.2
4.3
1.3
5.6
1.8
3.8
1.4
8.3
2.5
5.8
1.4
9.4
3.0
6.4
1.6
10.8
3.3
7.5
1.7
12.4
4.0
8.4
1.7
12.1
3.8
8.3
1.8
12.6
3.9
8.7
Finance, insurance, and real estate
13.1
11.1
8.3
9.1
7.1
7.4
5.6
6.3
5.0
6.1
5.7
6.4
6.1
7.1
6.8
7.7
7.4
8.2
7.1
8.5
7.5
5.3
5.4
5.1
5.3
6.3
6.7
8.1
7.8
8.6
8.5
.7
.5
.4
.3
.3
.4
.3
.3
.4
.3
Domestic income
Agriculture, forestry, and fisheries
Mining and contract construction
Manufacturing
Nondurable goods
Durable goods
Transportation
Communication
Services
8.8
Government and government enterprises
5.1
Rest of the world
.8
1951
National income without capital consumption adjustment.
1952
1953
1954
1955
1956
1957
1958
1959
1960
1961
280.1
293.5
307.0
305.3
333.3
353.0
368.8
370.8
403.6
418.0
429.8
278.5
292.1
305.5
303.5
331.3
350.9
366.5
368.6
401.2
415.5
426.7
Agriculture, forestry, and fisheries
Mining and contract construction
Manufacturing
Nondurable goods
Durable goods
21.0
19.9
20.0
20.8
17.9
21.2
17.1
21.0
16.1
22.7
16.1
25.2
16.2
25.9
18.6
24.6
16.4
26.0
17.5
26.6
18.1
27.3
90.3
38.4
61.9
92.6
38.3
54.3
100.5
40.3
60.2
94.7
39.7
55.0
108.0
44.0
64.0
113.2
46.3
66.9
116.3
46.4
70.0
107.9
45.8
62.1
124.2
51.2
72.9
125.4
51.8
73.6
124.7
52.5
72.2
Transportation
Communication
Electric, gas, and sanitary services
Wholesale and retail trade
Wholesale trade
Retail trade
15.0
3.9
15.5
4.3
15.9
4.8
14.6
5.1
16.0
5.7
17.0
6.2
17.4
6.7
16.5
7.0
17.9
7.7
18.1
8.2
18.3
8.6
4.6
45.1
15.4
29.7
5.1
46.7
15.6
31.1
5.4
47.3
15.8
31.5
5.9
48.3
15.8
32.4
6.2
52.3
17.8
34.5
6.6
54.8
19.3
35.5
7.0
57.3
20.3
37.0
7.5
58.4
20.8
37.6
8.1
63.4
22.8
40.6
8.9
64.7
23.4
41.3
9.3
65.7
24.2
41.5
24.9
23.5
27.4
25.0
30.3
26.7
33.1
27.7
35.3
31.1
37.2
33.8
39.8
36.5
42.9
38.3
46.3
42.1
48.6
44.6
50.8
47.4
30.4
34.7
35.5
36.1
38.1
40.7
43.4
46.9
49.1
52.7
56.4
1.5
1.5
1.5
1.8
2.0
2.2
2.3
2.2
2.4
2.5
3.1
Domestic income
Finance, insurance, and real estate
Services
Government and government enterprises
Rest of the world
1946
II
National Income without capital
consumption adjustment
III
IV
II
1949
1948
1947
III
IV
II
III
IV
II
III
IV
171.7
179.0
187.2
193.5
195.8
197.2
200.3
208.3
217.3
224.9
229.7
231.5
223.7
218.7
218.8
215.8
171.2
178.6
186.7
192.8
194.9
196.2
199.4
207.3
216.2
223.8
228.5
230.3
222.5
217.5
217.6
214.8
16.5
8.4
17.2
8.9
19.6
10.2
20.5
10.7
20.7
11.4
17.7
12.4
18.9
13.2
20.0
13.9
20.1
15.0
23.3
15.8
23.4
16.8
22.2
16.8
18.1
16.2
17.3
15.4
16.7
14.7
17.2
14.5
40.6
23.4
17.2
49.2
25.0
24.2
51.2
23.5
27.7
55.8
27.5
28.3
56.6
27.4
29.2
59.4
26.9
32.6
59.9
28.6
31.3
62.3
29.3
33.0
67.1
32.0
35.0
68.0
33.1
34.9
69.5
33.3
36.2
70.7
33.3
37.5
67.6
31.3
36.3
64.1
30.2
33.9
65.6
30.6
35.0
62.2
30.2
32.0
9.7
2.9
10.7
1.4
10.7
2.2
10.4
2.2
11.1
2.3
11.6
1.9
11.7
2.4
12.1
2.6
12.7
2.7
12.9
2.8
12.8
2.8
12.9
2.9
12.4
2.9
12.4
3.1
12.0
3.1
11.6
3.1
Electric, gas, and sanitary services
Wholesale and retail trade
Wholesale trade
Retail trade
2.6
32.1
2.5
2.7
36.0
2.6
36.4
2.5
36.7
2.9
36.7
2.8
37.4
2.8
39.3
3.1
39.0
12.6
26.4
3.1
40.0
12.9
27.1
3.2
40.2
13.0
27.3
3.4
40.4
13.0
27.3
3.5
40.1
12.7
27.4
3.7
39.4
12.3
27.1
3.8
38.7
12.1
26.6
3.6
38.0
11.7
26.3
Finance, insurance, and real estate
Services
Government and government enter-
15.4
15.8
16.1
16.3
16.3
16.9
16.6
17.5
16.5
17.6
16.4
18.1
16.9
18.2
17.7
18.2
18.4
19.5
18.9
19.9
19.3
20.2
19.7
20.3
19.9
20.2
20.1
20.3
20.6
20.3
21.3
20.8
27.2
22.4
20.8
20.3
19.5
19.1
17.8
18.3
18.6
19.1
20.2
21.0
21.5
21.8
22.1
22.6
.5
.5
.5
.7
.9
.9
.9
1.0
1.1
1.2
1.2
1.2
1.2
1.2
1.2
1.0
Domestic income
Agriculture, forestry, and fisheries
Mining and contract construction
Manufacturing
Nondurable goods
Durable goods
Transportation..
Communication.
Rest of the world.
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY OF CURRENT
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY OF
CURRENT BUSINESS.
_.
. . A
, <JB .
.
. . .
NOTE.—-The industry classification of compensation of employees, proprietors' income,
and rental income is on an establishment basis; the industry classification of corporate profits
and net interest is on a company basis. The industry classification of these items is based
on the 1967 Standard Industrial Classification beginning with 1948 and on the 1942 Standard
Industrial Classification prior to 1948. Estimates for 1948 of national income without capital
consumption adjustment based on the 1942 Standard Industrial Classification are available
from the Bureau of Economic Analysis.
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
191
Annually, 1929-74, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-74
dollars]
1940
National income without capital consumption adjustment
1941
1942
1943
1944
1945
1946
1947
1948
1949
1950
81.6
104.7
138.0
171.3
183.7
182.5
182.9
200.5
225.9
219.2
242.8
81.2
104.3
137.7
171.0
183.3
182.1
182.4
199.5
224.7
218.0
241.5
6.1
4.5
8.4
6.6
12.6
9.1
14.9
8.2
15.1
7.1
15.7
7.1
18.5
19.3
12.7
22.3
16.1
17.3
15.2
18.3
17.2
22.5
10.3
12.2
33.2
12.9
20.3
45.4
16.6
28.9
58.3
19.6
38.6
60.3
21.0
39.3
52.2
21.2
31.0
49.2
24.9
24.3
59.6
28.1
31.5
68.8
32.9
35.9
64.8
30.6
34.3
76.3
33.4
42.9
5.0
1.1
6.3
1.2
8.6
1.5
10.8
1.7
11.2
1.8
10.5
1.9
10.4
2.2
11.6
2.3
12.8
2.8
12.1
3.0
13.4
3.3
Electric, gas, and sanitary services.
Wholesale and retail trade
Wholesale trade
Retail trade
1.9
14.5
4.5
10.0
2.1
17.4
5.3
12.1
2.2
20.4
6.2
14.2
2.2
23.9
6.9
17.0
2.2
25.8
7.6
18.1
2.3
28.0
8.2
19.8
2.6
34.6
10.5
24.2
2.8
37.6
11.7
25.9
3.2
39.9
12.8
27.0
3.7
39.0
12.2
26.9
3.9
41.0
13.3
27.7
Finance, insurance, and real estate.
Services
...
8.8
7.9
9.8
8.8
11.3
10.2
12.2
11.7
12.9
13.1
13.6
14.1
16.1
16.6
16.9
18.0
19.1
20.0
20.5
20.4
22.8
21.7
Government and government enterprises.
8.7
10.5
16.3
27.0
33.7
36.8
22.7
18.7
19.7
22.0
23.6
.4
.4
.4
.3
.4
.3
.5
.9
1.2
1.1
1.3
Domestic income.
Agriculture, forestry, and fisheries.
Mining and contract construction
Manufacturing
Nondurable goods.
Durable goods
Transportation..
Communication.
Rest of the world
1962
National income without capital con.
sumption adjustment
1963
1964
1965
1966
1967
1,075.7
1,157.5
711.0
766.6
859.4
949.7
1,066.7
1,143.1
21.3
44.1
24.1
48.9
24.5
51.6
25.7
55.2
30.6
61.0
47.8
68.7
193.2
74.5
118.6
210.8
81.3
129.5
221.4
85.5
135.8
215.4
88.1
127.3
224.7
91.5
133.2
251.8
97.9
153.9
281.6
1G6.6
175.0
43
74.8
.6
294.2
119.0
175.3
24.8
12.7
25.2
13.4
27.0
14.6
28.8
16.3
30.3
17.6
33.0
18.3
36.5
20.3
41.6
21.8
45.1
23.8
11.4
84.7
30.5
54.2
12.2
91.3
33.4
57.9
12.7
97.6
35.3
62.3
13.5
106.9
38.6
68.3
14.4
115.6
42.0
73.6
14.9
122.2
44.9
77.4
16.3
132.9
47.9
84.9
17.6
144.6
54.4
90.2
18.8
162.6
63.4
99.2
20.0
178.5
74.8
103.7
59.2
59.2
64.0
64.1
69.8
71.4
74.5
79.1
81.1
86.5
86.7
95.7
92.6
103.3
103.1
111.2
112.5
122.3
121.2
136.9
130.3
152.7
64.7
70.1
75.4
85.0
94.3
105.2
114.7
127.4
139.0
152.5
165.8
180.0
3.7
4.3
4.7
4.2
4.6
4.8
4.5
4.6
6.6
7.0
9.0
14.4
515.2
18.6
28.6
18.5
30.5
17.6
33.1
136.0
55.0
81.0
143.2
57.2
86.0
Transportation..
Communication.
19.0
9.3
Electric, gas, and sanitary services..
Wholesale and retail trade
Wholesale trade
Retail trade
560.8
617.4
20.4
35.9
21.9
38.9
20.7
40.5
154.1
61.3
92.8
170.4
65.4
105.0
189.4
72.1
117.3
19.9
9.9
21.1
10.6
23.1
11.5
9.7
69.8
25.5
44.3
10.3
73.0
26.7
46.2
11.0
79.2
28.6
50.6
Finance, insurance, and real estate
Services
53.6
50.9
56.1
54.2
Government and government enterprises
60.6
3.6
519.5
565.4
1950
715.7
1951
II
III
IV
224.1
234.5
250.1
262.5
223.0
233.3
248.6
261.0
17.6
15.1
17.4
16.8
18.5
18.1
66.3
30.8
35.5
72.5
32.2
40.3
12.2
3.1
III
IV
271.9
278.3
282.7
287.5
270.6
276.7
281.1
19.6
18.9
20.5
19.3
21.0
19.9
21.0
20.2
80.1
34.1
46.0
86.4
36.4
50.0
88.2
37.4
50.8
90.9
38.6
52.2
12.7
3.3
13.9
3.4
14.5
3.5
14.5
3.7
3.8
39.3
12.3
27.0
3.9
40.2
12.7
27.5
4.0
41.9
13.8
28.1
4.1
42.4
14.3
28.0
Finance, insurance, and real estate
Services..
21.9
21.1
22.4
21.4
23.2
21.8
Government and government enter
prises
22.5
22.6
23.7
Agriculture, forestry, and fisheries
Mining and contract construction
Manufacturing
Nondurable goods
Durable goods
Transportation
Communication
Electric, gas, and sanitary services
Wholesale and retail trade
Wholesale trade
Retail trade
Rest of the world
..
1.2
1.2
1.5
1953
1952
II
Domestic income
1974*
956.8
456.2
National income withoutcapital consumption adjustment
1973*
866.0
655.6
651.1
Rest of the world.
1972
799.8
621.6
Manufacturing
Nondurable goods.
Durable goods
1971
804.4
484.0
480.3
Agriculture, forestry, and fisheries.
Mining and contract construction..
1970
771.1
459.7
Domestic income
1968
II
III
IV
II
III
IV
293.7
303.2
308.1
310.1
308.7
301.0
287.1
287.4
292.2
301.8
306.7
308.5
307.3
299.4
21.5
20.4
19.7
21.0
20.3
20.2
21.7
20.8
18.4
21.3
18.4
21.3
17.9
21.0
17.5
21.1
17.9
21.2
90.9
39.3
51.7
91.3
38.4
52.9
91.7
37.8
53.9
89.7
37.5
52.2
90.5
38.2
52.2
98.8
39.6
59.3
102.9
40.6
62.3
103.2
41.0
62.3
101.8
40.6
61.2
93.9
39.0
54.9
15.0
3.8
14.9
3.9
15.4
4.1
15.8
4.2
15.1
4.1
15.3
4.3
15.9
4.5
15.9
4.6
16.0
4.8
15.4
4.9
4.3
45.3
15.0
30.2
4.4
44.3
15.3
29.0
4.6
45.0
15.4
29.6
4.8
45.8
15.6
30.1
5.0
45.1
15.5
29.6
4.9
46.7
15.5
31.2
5.1
46.7
15.7
31.0
5.3
48.3
15.7
32.6
5.3
47.6
15.8
31.8
16.3
4.7
5.4
47.8
16.0
31.8
5.5
47.3
15.8
31.6
5.6
46.4
15.5
30.9
23.7
22.4
23.9
23.0
24.5
23.2
25.2
23.6
26.1
24.0
26.4
24.5
27.1
24.8
27.7
25.1
28.5
25.5
29.0
26.1
29.8
26.7
30.7
27.0
31.6
27.2
25.6
27.9
29.7
31.7
32.3
33.7
34.5
35.1
35.2
35.4
35.7
35.5
35.4
1.5
1.4
1.5
1.6
1.5
1.6
1.4
1.3
1.5
1.6
1.7
288.6
1.5
1.5
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
192
Table 6.4.—-National Income Without Capital Consumption Adjustment by Industry:
[Billions of
1954
1955
1956
Line
1
2
National income without capital consumption
adjustment.. . .
Domestic income
I
II
III
IV
I
II
III
IV
I
II
IV
[II
301.7
301.7
305.0
312.9
322.8
331.0
336.4
343.4
345.5
350.6
354.2
361.2
299.9
300.0
303.2
310.9
320.7
329.1
334.5
341.4
343.1
348.4
351.9
359.4
15.9
23.0
15.8
23.3
15.8
24.2
15.8
25.3
16.5
25.5
16.4
25.9
109.2
44.2
65.0
112.8
46.1
66.7
111.9
46.1
65.8
112.3
46.1
66.2
111.4
46.0
65.4
116.5
46.5
69.9
3
4
5
6
Agriculture, forestry, and fisheries.
Mining and' contract' construction
18.3
21.0
16.6
21.0
17.2
20.7
16.5
21.2
16.4
21.8
Manufacturing..
Nondurable'goods.
Durable goods
94.2
39.4
54.8
94.0
39.3
54.7
93.0
39.3
53.7
97.5
40.8
56.7
103.0
42.1
60.9
16.3
22.7
107.1
43.6
63.5
8
9
Transportation
14.7
4.9
14.6
5.0
14.5
5.1
14.8
5.3
15.3
5.4
15.8
5.6
16.2
5.7
16.4
5.9
16.9
6.0
17.1
6.1
16.8
6.3
17.3
6.3
Communication •
••
10
11
12
13
Electric, gas, and sanitary services
Wholesale and retail trade
Wholesale trade
Retail trade
.- -
5.7
46.7
15.5
31.2
5.9
47.2
15.5
31.7
6.1
49.1
15.7
33.3
6.1
50.2
16.6
33.6
6.1
51.7
17.1
34.6
6.2
51.7
17.6
34.1
6.2
52.7
18.2
34.5
6.4
53.1
18.5
34.6
6.5
53.1
18.5
34.6
6.6
54.4
19.1
35.3
6.7
56.0
19.8
36.2
6.7
55.9
19.9
36.0
14
15
Finance, insurance, and real estate
Services .
32.0
27.0
32.7
27.2
33.4
34.1
27.8
28.7
34.5
29.6
35.1
30.6
35.4
31.8
36.3
32.6
36.5
32.9
37.1
33.5
37.4
34.1
38.0
34.8
Government and government enterprise!j
35.5
35.9
36.3
36.6
36.9
38.0
38.4
38.9
39.4
40.2
41.2
41.7
1.7
1.7
2.0
1.9
2.0
2.0
2.3
2.2
2.3
1.8
16
17
Rest of the world
2
2.0
National income without capital consumption
adjustment
Domestic income
1962
1961
1960
Line
1
1.8
I
][I
III
IV
I
419.0
119.0
418.4
415.5
416.7
116.6
415.9
412.8
16.1
26.3
17.7
26.7
17.9
26.7
131.3
52.6
78.8
1126.5
51.9
74.6
IV
II
III
IV
I
II
III
416.2
424.9
432.8
445.2
451.3
457.9
461.8
467.9
413.2
422.0
429.7
441.9
448.2
454.4
458.3
463.7
18.1
26.6
18.1
26.8
17.9
27.0
18.0
27.5
18.5
28.1
18.8
28.1
18.7
28.5
18.5
28.8
18.5
29.2
124.2
52.1
72.0
119.8
50.6
69.1
117.9
51.0
66.9
123.2
52.5
70.6
126.2
52.7
73.5
131.5
53.9
77.6
133.3
54.1
79.2
135.4
55.0
80.4
136.4
54.8
81.6
138.9
55.9
82.9
17.5
8.5
18.0
8.5
18.5
8.6
19.0
8.9
19.0
9.1
18.9
9.2
19.0
9.4
19.2
9.4
3
4
Agriculture, forestry, and fisheries..
Mining and contract construction
5
6
7
Manufacturing
Nondurabtegoods
Durable goods
8
9
Transportation
Communication.
18.4
8.0
18.3
8.2
18.0
8.4
17.9
8.4
Electric, gas, and sanitary services
Wholesale and retail trade
Wholesale trade
Retail trade
8.7
64.6
23.4
41.2
8.9
65.3
23.4
41.9
9.0
64.7
23.5
41.2
9.7
64.3
23.5
40.9
65.2
24.0
41.2
66.0
24.4
41.5
67.4
25.0
42.5
9.6
64.3
23.4
40.9
68.9
25.1
43.8
69.8
25.5
44.3
70.2
25.6
44.6
70.5
25.8
44.7
15
Finance, insurance, and real estate..
Services..
48.2
43.9
48.4
44.5
48.8
44.8
49.0
45.4
49.6
46.4
50.4
46.9
51.1
47.7
52.0
48.7
52.5
49.5
53.3
50.6
54.1
51.4
54.4
51.9
16
Government and government enterprises
51.1
52.1
53.5
54.2
54.9
55.7
56.7
58.2
59.4
60.1
60.7
62.0
2.4
2.3
2.5
2.7
3.0
2.9
3.1
3.3
3.1
3.5
3.5
4.1
10
11
12
13
14
17
Rest of the world
1967
Line
1
2
National income without capital
consumption adjustment
Domestic income
9.1
9.1
9.4
9.3
1968
9.6
9.9
1970
1 969
I
II
III
IV
I
II
III
[V
I
II
640.8
647.3
659.8
674.6
690.6
709.2
725.1
738.0
752.7
636.8
643.3
654.9
669.4
686.2
704.1
720.3
733.4
747.8
20.1
39.7
20.4
39.9
21.0
40.9
21.2
41.4
20.7
42.2
20.5
43.8
21.6
44.6
22.4
45.6
23.5
46.9
191.7
73.8
117.9
190.7
73.3
117.4
192.7
74.3
118.3
197.6
76.7
120.9
203.0
78.5
124.5
209.5
80.3
129.2
212.9
82.9
130.0
217.8
83.5
134.4
9.7
II
III
IV
793.4
801.3
812.0
811.0
788.6
797.0
807.2
806.4
24.9
50.4
25.2
50.7
24.8
51.1
23.9
51.9
23.9
52.8
221.7
86.9
134.8
217.8
87.4
130.4
218.0
87.8
130.2
217.8
88.8
129.1
208.0
88.4
119.5
III
IV
766.3
779.7
785.6
761.8
775.4
781.5
219.1
83.9
135.2
23.8
48.7
221.1
85.1
136.0
24.0
49.7
223.5
86.3
137.3
I
3
4
5
6
7
Agriculture, forestry, and fisheries
Mining and contract construction
8
9
Transportation
C ommunication
24.9
13.1
24.8
13.3
25.3
13.5
25.7
13.7
26.4
14.0
26.8
14.1
27.2
14.8
27.6
15.4
27.8
16.0
28.8
16.4
29.1
16.4
29.5
16.7
29.7
17.0
29.5
17.6
31.2
17.9
30.8
18.0
13
Electric, gas, and sanitary services
Wholesale and retail trade
Wholesale trade
Retail trade
. .
12.4
95.1
34.7
60.4
12.6
96.8
34.9
61.8
12.6
98.5
35.4
63.1
13.0
100.1
36.1
64.0
13.0
103.0
37.0
66.0
13.4
105.7
38.1
67.6
13.9
108.7
39.3
69.4
13.8
110.1
40.0
70.2
14.2
112.6
40.5
72.1
14.2
115.4
41.4
73.9
14.6
116.9
42.5
74.3
14.5
117.6
43.5
74.1
14.7
119.4
44.0
75.4
14.7
121.5
44.6
77.0
14.8
123.3
45.3
78.0
15.2
124.6
45.6
79.0
14
15
Finance, insurance, and real estate
Services
72.4
76.4
73.8
78.3
75.2
80.1
76.5
81.6
78.6
83.9
80.6
85.8
82.1
87.2
83.2
88.9
85.5
92.0
86.5
94.7
87.1
96.7
87.8
99.2
89.3
100.7
90.8
102.4
93.7
104.0
96.7
106.1
16
Government and government enterprises.
90.9
92.6
95.0
98.6
101.2
103.7
107.3
108.7
110.2
112.2
117.4
119.2
124.1
126.6
128.7
130.3
4.1
4.1
4.9
5.2
4.4
5.2
4.8
4.6
4.9
4.5
4.4
4.1
4.7
4.3
4.8
4.6
10
11
12
17
Manufacturing.
Nondurable goods
Durable goods
Rest of the world
193
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
Annually, 1929-74, and Seasonally Adjusted Quarterly Totals at Annual Rates, 1946-74—Continued
dollars]
1967
National income without capital consumption
adjustment.
Domestic income
Agriculture, forestry, and fisheries
Mining and contract construction
Manufacturing
Nondurable goods
Durable goods
1958
IV
366.9
368.7
372.3
366.8
360.8
362.3
373.2
386.2
396.1
408.4
403.3
406.6
364.7
366,1
369.8
364.9
358.8
360.0
370.9
383.9
393.8
406.2
400.9
403.9
15.7
25.9
15.9
26.2
16.7
26.0
16.7
25.6
18.9
24.6
18.6
24.1
18.5
24.5
18.4
25.2
17.4
25.8
16.6
26.4
15.6
25.8
16.0
26.0
119.0
46.7
72.3
117.5
46.6
71.0
116.6
46.5
70.2
111.9
45.7
66.2
104.5
44.3
60.2
103.1
44.2
58.9
108.4
46.4
62.0
115.0
47.9
67.1
121.7
50.1
71.6
129.3
51.4
77.9
123.2
51.9
71.3
122.5
51.6
70.9
17.5
6.5
17.5
17.7
6.7
17.1
16.2
6.8
16.1
7.0
16.6
7.1
17.3
7.2
17.9
7.5
18.4
7.7
17.8
7.9
6.8
56.8
20.2
6.9
57.0
20.3
36.7
7.0
58.0
20.5
37.5
7.2
57.4
20.4
37.0
7.3
56.1
19.9
36.2
7.4
56.9
20.2
36.7
7.5
59.0
21.2
37.8
7.6
61.5
22.0
39.5
7.9
62.2
22.3
8.0
63.6
22.9
40.7
17.4
7.8
8.2
63.9
23.0
40.9
8.0
64.4
22.9
41.1
35.6
39.2
36.2
40.4
36.8
41.2
36.9
41.7
37.4
42.4
38.1
43.1
38.5
44.3
39.2
44.6
40.4
45.8
41.6
47.0
42.5
47.8
43.7
42.5
43.1
44.0
44.1
45.3
46.4
47.7
48.1
48.4
48.9
49.3
49.8
2.3
2.6
2.5
1.9
2.1
2.2
2,3
2.3
2.3
2.2
2.5
2.7
Services
Government and government enterprises
Rest of the world
1963
National income without capital consumption adjustment
1964
HI
n
IV
IV
II
IV
III
Finance, insurance, and real estate
III
III
II
Transportation
Communication
Electric, gas, and sanitary services
Wholesale and retail trade
Wholesale trade
Retail trade
II
1959
1965
II
III
IV
n
1966
ra
IV
n
ra
IV
473.0
480.1
487.6
495.4
506.1
515.6
525.5
530.8
546.9
558.3
570.0
586.5
605.6
616.8
627.2
636.8
469.3
476.6
484.0
491.6
501.7
511.4
521.0
526.6
542.0
553.3
565.3
582.5
601.4
612.6
623.2
632.5
18.6
29.4
18.5
30.3
18.6
31.0
18.1
31.3
17.2
32.0
17.5
32.9
17.6
33.2
18.2
34.1
19.0
34.9
20.7
35.4
20.9
35.9
20.8
37.2
23.3
21.9
38.8
21.6
20.7
138.9
55.9
83.0
142.0
56.4
85.6
144.8
58.0
86.7
147.1
58.5
88.5
150.3
59.7
90.6
153.1
61.0
92.0
156.7
62.0
94.7
156.3
62.6
93.7
165.5
64.1
101.4
167.8
64.3
103.4
171.3
65.7
105.6
176.9
67.5
109.3
184.3
70.0
114.3
188.9
72.3
116.6
190.8
72.6
118.2
193.6
73.6
120.0
Transportation..
Communication.
19.2
9.7
20.0
9.8
20.1
10.0
20.5
10.1
20.9
10.3
20.9
10.6
21.3
10.6
21.4
10.9
21.9
11.2
23.0
11.2
23.4
11.6
24.0
12.0
24.4
12.2
24.9
12.6
24.7
13.0
25.3
13.0
Electric, gas, and sanitary services
Wholesale and retail trade
Wholesale trade
Retail trade
10.3
71.8
26.1
45.7
10.2
72.3
26.4
45.8
10.4
73.2
26.9
46.3
10.5
74.6
27.4
47.2
10.8
76.7
28.0
48.7
10.9
78.6
28.4
50.2
11.0
80.4
28.9
51.5
11.2
81.3
29.1
52.2
11.3
82.6
29.7
52.9
11.5
83.5
30.2
53.3
11.4
85.2
30.6
54.6
11.7
87.3
31.3
56.0
11.9
89.2
32.7
56.6
12.1
90.6
33.3
57.3
12.3
91.9
33.6
58.3
12.3
93.7
34.2
59.4
Finance, insurance, and real estate
Services
Government and government enterprises
55.3
53.0
55.7
53.7
56.3
54.7
57.1
55.5
58.1
57.2
58.7
58.8
59.5
59.8
60.5
60.8
61.5
61.3
63.1
63.2
64.6
65.0
66.7
67.0
68.5
68.4
69.4
70.1
70.3
72.6
71.1
74.5
63.2
64.0
65.0
66.8
68.2
70.9
72.1
72.8
73.9
76.0
78.8
81.2
83.4
86.6
3.7
3.5
3.6
3.9
4.4
4.5
4.2
5.0
5.0
4.7
4.1
4.2
4.2
4.1
Domestic income
Agriculture, forestry, andfisheries_
Mining and contract construction.
Manufacturing
Nondurable goods.
Durable goods
Rest of the world.
1971
4.3
1972
1974*
II
in
842.4
859.3
871.5
890.9
924.2
942.5
964.1
996.2 1,036.9 1,060.2 1,087.8 1,118.2 1,136.0 1,144.9 1,168.3
1,180.7
836.9
852.1
865.7
882.9
917.9
936.0
956.8
988.1 1,028.1 1,051.5 1,079.1 1,108.2 1,118.9 1,132.8 1,154.6
1,165.9
26.4
53.4
25.0
54.9
24.1
55.8
27.2
56.7
29.3
60.0
30.7
60.5
29.8
61.1
32.8
62.4
40.8
46.0
67.1
50.8
70.3
53.4
71.8
51.2
72.5
40.1
74.6
40.2
75.8
43.6
75.6
221.2
89.7
131.5
224.1
91.0
133.1
224.1
92.4
131.7
229.4
93.0
136.4
241.3
95.7
145.6
248.5
96.3
152.2
253.3
98.5
154.7
264.2
101.2
163.0
275.2
103.5
171.6
279.8
106.1
173.7
282.1
105.9
176.2
289.2
110.9
178.3
289.8
115.7
174.1
294.5
120.9
173.6
299.0
122.1
176.9
293.7
117.2
176.4
31.7
18.4
33.0
18.4
33.7
18.2
34.9
19.7
35.5
20.1
36.9
20.6
38.4
20.9
40.5
21.1
41.0
21.3
41.6
22.5
43.2
22.5
44.0
22.9
45.6
23.3
46.1
23.9
44.9
25.0
Electric, gas, and sanitary services
Wholesale and retail trade
Wholesale trade
Retail trade
15.9
127.9
46.4
81.4
16.3
130.9
47.1
83.8
16.5
135.1
48.5
86.7
33.5
18.4
16.3
137.6
49.8
87.8
16.5
140.7
52.1
88.6
17.8
142.0
53.0
89.1
17.8
145.4
54.9
90.5
18.3
150.3
57.6
92.6
18.5
156.0
60.2
95.7
18.4
159.2
61.9
97.3
19.1
164.8
64.4
100.4
19.2
170.5
67.1
103.4
18.6
172.3
71.0
101.4
19.6
178.7
73.3
105.4
20.4
180.2
75.7
104.5
21.4
182.9
79.3
103.5
Finance, insurance, and real estate
Services
Government and government enterprises
98.5
108.1
101.8
110.1
105.4
112.2
106.7
114.5
109.3
117.8
110.0
121.1
114.5
124.1
115.7
126.5
117.5
131.7
119.5
135.2
122.5
138.6
125.2
142.1
126.6
146.6
128.4
150.4
132.7
155.3
133.7
158.5
135.5
137.6
140.6
142.5
148.0.
149.9
153.4
158.6
161.4
163.9
166.8
171.0
174.6
177.5
181.1
186.7
17.0
12.1
13.7
14.8
National income without capital
consumption adjustment
Domestic income
Agriculture, forestry, and fisheries
Mining and contract construction
Manufacturing
Nondurable goods
Durable goods
Transportation
Communication
Rest of the world
5.5
7.2
5.8
IV
1973*
4.3
8.0
in
6.2
6.5
7.3
IV
8.1
II
8.8
8.7
in
8.7
II
IV
10.0
in
IV
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
194
Table 6.5.—Compensation of Employees
[Millions of
Compensation of employees
Domestic industries
Agriculture, forestry, and fisheries
Farms
Agricultural services, forestry, and fisheries
Mining
Metal mining
Anthracite mining
Bituminous and other soft coal mining
Crude petroleum and natural gas
Nonmetallic mining and quarrying
Contract construction
Manufacturing
Nondurable goods
Food and kindred products
Tobacco manufactures
Textile mill products
Apparel and other finished fabric products
Paper and allied products
Printing, publishing, and allied industries
Chemicals and allied products
Products of petroleum and coal
Rubber products
Leather and leather products
Durable goods
Lumber and timber basic products
Furniture and finished lumber products
Stone, clay, and glass products
Iron and steel and their products, including ordnance..
Nonferrous metals and their products
Machinery, except electrical
Electrical machinery
Transportation equipment, except automobiles
Automobiles and automobile equipment
Miscellaneous manufacturing
Transportation
Railroads
Local and highway passenger transportation
Highway freight transportation and warehousing
Water transportation
Air transportation (common carriers)
Pipeline transportation
Services allied to transportation
Communication
Telephone, telegraph, and related services
Radio broadcasting and television
Electric, gas, and sanitary services
Utilities: electric and gas
Local utilities and public services, n.e.c
Wholesale and retail trade
Wholesale trade
Retail trade and automobile services
Finance, insurance, and real estate
Banking
Security and commodity brokers, dealers, and exchanges.
Finance, n.e.c
Insurance carriers
Insurance agents and combination offices
Real estate
Services
Hotels and other lodging places
Personal services
Private households
Commercial and trade schools and employment agencies.
Business services, n.e.c
Miscellaneous repair services and hand trades
Motion pictures
Amusement and recreation, except motion pictures
Medical and other health services...
Legal services
Engineering and other professional services, n.e.c
Educational services, n.e.c
Nonprofit membership organizations, n.e.c
Government and government enterprises
Federal..
Government
Government enterprises
State and local
Government
>
Government enterprises
1929
1930
1931
1932
51,088
51,087
46,835
39,741
46,834
39,740
1,419
1,291
1,304
115
1,539
1934
1935
1936
1937
31,054
29,538
31,053
29,537
34,293
37,334
42,902
47,921
34,292
37,333
42,901
1,022
757
695
47,920
755
864
954
1,181
110
918
104
620
75
1,105
682
73
778
86
871
83
992
113
700
927
985
1,162
1,368
53
134
284
182
47
69
162
394
245
57
143
430
262
61
142
515
296
206
141
573
351
97
788
920
1,349
1,011
673
84
698
204
265
618
326
126
256
515
298
111
104
208
387
228
84
54
153
266
172
53
2,540
2,142
1,529
863
16,243
13,991
10,933
7,783
7,921
9,746
10,961
6,008
1,346
109
1,072
784
355
1,071
536
200
4,734
1,149
74
903
572
283
722
428
156
142
305
3,187
201
255
231
821
207
500
306
94
352
220
5,498
1,344
84
1,012
693
337
813
502
181
178
354
4,248
255
278
290
1,089
267
685
413
134
571
266
5,918
1,411
84
1,117
783
362
872
532
204
184
369
5,043
1,230
326
783
491
168
515
324
4,667
1,115
85
774
561
277
843
420
166
133
293
3,116
179
255
243
736
207
497
290
118
370
221
334
1,314
321
832
466
146
694
304
12,672
6,408
1,532
90
1,178
850
403
958
584
219
213
381
6,264
384
399
410
1,703
383
1,050
582
209
798
346
7,623
1,586
143
1,465
1,055
435
1,243
671
248
283
494
8,620
713
617
627
2,147
544
1,408
868
264
982
450
1,540
131
1,207
916
417
1,248
629
248
224
420
7,011
547
491
533
1,820
421
1,185
720
256
636
402
4,925
309
79
1,350
1,463
15,186
7,214
1,731
101
1,303
895
476
1,076
701
265
243
423
7,972
459
464
506
2,196
484
1,391
778
286
1,007
401
4,813
4,332
3,622
2,736
2,537
2,766
2,961
3,357
3,762
3,303
661
333
215
5
48
248
2,926
621
322
195
9
42
217
2,407
541
295
168
13
38
160
1,752
435
263
137
14
29
106
373
258
144
14
29
91
1,782
389
286
154
14
34
107
1,894
405
327
162
17
36
120
2,154
435
366
198
22
40
142
2,377
471
426
238
28
766
769
589
520
554
569
621
713
756
10
754
15
674
21
565
24
499
21
529
25
587
34
668
45
783
803
742
628
570
616
542
27
662
725
812
751
771
32
712
30
602
26
547
23
25
26
28
785
27
9,374
8,766
7,634
5,956
5,331
6,159
7,341
8,442
3,397
5,977
3,220
5,546
2,757
4,877
2,152
3,804
1,895
3,436
2,192
3,967
2,382
4,301
2,597
4,744
2,984
5,458
2,989
49
173
2,808
2,527
2,145
1,939
2,031
2,111
2,313
2,524
784
408
257
821
240
479
321
247
828
232
441
670
267
223
777
210
380
235
198
648
187
295
499
245
178
579
166
272
516
234
184
604
180
313
524
206
201
645
190
345
542
252
233
689
206
391
574
260
256
758
224
452
5,538
5,277
4,609
3,758
3,368
3,688
3,904
4,310
4,786
427
755
1,718
34
359
108
310
323
398
124
81
296
605
409
730
1,485
33
371
106
313
299
406
131
75
307
612
343
646
1,148
27
311
98
307
256
386
132
55
311
589
258
526
836
19
262
83
241
191
346
126
36
303
531
219
459
733
16
243
73
227
161
317
118
34
281
487
272
500
851
18
294
76
253
176
324
116
37
279
492
529
912
22
326
81
282
180
349
121
40
284
318
584
1,017
26
392
84
317
205
388
126
51
295
507
363
652
1,190
31
414
91
360
239
433
135
57
312
509
5,083
5,306
5,416
5,140
5,317
6,262
6,713
8,096
7,759
2,371
1,757
614
4,342
4,178
164
4,220
3,558
662
3,876
3,675
3,000
675
4,084
180
195
1
1
1
1,450
869
581
3,633
3,456
177
Rest of the world
n.e.c. Not elsewhere classified.
•Revised estimates for 1973 and 1974 will be shown in the July 1976 SURVEY O? CURRENT
1933
1,489
905
584
3,817
3,630
187
1,493
911
582
3.923
3,737
186
1
1,414
870
544
3,726
3,565
161
1,640
1,155
485
3,677
3,531
146
2,225
1,685
540
4,037
3,884
153
BUSINESS. Further revisions to the 1974 estimates will be shown in the July 1977 SURVEY or
CURRENT BUSINESS.
195
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
by Industry: Annually, 1929-74
dollars]
1940
Compensation of employees
48,094
Farms
Telephone, telegraph, and related services
Radio broadcasting and television
Electric* gas, and sanitary services
Utilities: electric and gas
Local utilities and public services, n.e.c
Wholesale and retail trade
Wholesale trade
Retail trade and automobile services
Finance, insurance, and real estate
Banking
Security and commodity brokers, dealers, and exchanges
Finance, n.e.c
Insurance carriers
Insurance agents and combination offices
Real estate
Services
Hotels and other lodging places
Personal services
Private households
Commercial and trade schools and employment agencies.
Business services, n.e.c
Miscellaneous repair services and hand trades
Motion pictures
Amusement and recreation, except motion pictures
Medical and other health services
Legal services
Engineering and other professional services, n.e.c
Educational services, n.e.c
Nonprofit membership organizations, n.e.c
Government and government enterprises
Federal
Government
Government enterprises
State and local
Government
Government enterprises
IIIIIIIIII-II
IIIIIIIIII-
109,543
121,211
123,092
118,052
85,247
109,559
121,262
123,156
118,092
1,097
1,139
1,370
1,786
2,194
2,401
2,514
2,780
992
105
1,033
106
1,252
118
1,634
152
2,030
164
2,207
194
2,306
208
2,542
238
1,204
1,360
1,621
1,855
2,072
2,285
2,261
2,482
168
130
480
335
91
203
124
570
357
106
246
143
712
383
137
287
165
858
374
171
324
187
957
425
179
277
209
1,091
538
170
240
203
1,056
595
167
243
249
1,115
656
219
3,074
4,925
4,120
3,037
3,107
4,664
44,960
40,182
13,857
3,106
165
2,127
1,965
920
1,353
2,172
705
670
674
31,103
910
800
880
7,089
1,393
4,356
2,834
10,545
1,096
14,599
1,650
1,821
14,321
16,397
22,775
32,248
42,658
7,128
1,707
102
1,224
967
468
1,037
702
280
236
405
7,193
432
458
494
1,907
453
1,167
673
324
864
421
7,532
1,790
108
1,261
980
515
1,044
849
326
258
401
8,865
489
492
542
2,334
547
1,505
808
555
1,098
495
9,261
2,018
119
1,673
1,261
652
1,119
1,150
388
351
530
13,514
654
630
710
3,347
780
2,435
1,224
1,518
1,538
678
11,109
2,392
125
2,001
1,497
731
1,134
1,731
477
414
607
21,139
795
701
808
4,724
1,066
3,712
1,805
4,899
1,713
916
12,830
2,764
152
2,137
1,786
849
1,225
2,118
576
575
648
29,828
882
766
875
6,817
1,360
4,319
2,479
10,146
1,001
1,183
3,644
3,866
4,520
5,596
6,956
2,240
455
465
224
36
44
180
2,373
441
524
240
45
46
197
2,803
472
643
274
57
51
220
3,532
609
771
314
80
58
232
4,264
785
883
487
118
69
350
179
2,199
2,078
976
1,526
2,210
773
662
727
25,583
884
831
899
6,090
1,304
4,069
2,544
6,797
945
1,220
17,082
3,760
197
2,808
2,558
1,190
1,983
2,076
823
781
906
21,180
1,094
1,106
1,186
4,721
1,413
4,150
2,355
1,851
1,941
1,363
8,388
9,104
4,758
958
1,053
902
160
87
470
5,135
1,210
1,262
701
249
93
454
1,200
7,989
4,713
760
135
82
454
750
782
878
966
1,093
1,188
1,349
1,766
695
55
720
62
807
71
890
76
1,006
87
1,033
105
1,227
122
1,619
147
826
875
928
937
931
978
1,061
1,307
798
28
845
30
897
31
904
942
36
1,021
40
1,261
46
8,729
9,374
10,773
11,349
12,289
13,426
15,166
20,222
3,141
5,588
3,358
6,016
3,935
4,182
7,167
4,366
7,923
4,755
8,671
5,307
9,859
6,907
13,315
2,522
3,436
4,316
2,599
2,752
2,864
3,013
3,166
600
180
232
797
232
481
170
245
820
231
511
654
158
271
870
245
554
710
131
270
910
266
577
765
154
251
942
284
617
829
167
243
968
298
661
4,840
5,149
5,587
6,392
7,198
8,117
376
638
1,132
28
433
97
353
230
478
142
75
337
521
402
712
1,221
28
443
94
353
246
513
144
80
348
565
430
799
1,240
46
491
125
386
270
558
151
123
459
925
1,480
91
507
148
425
281
641
150
214
541
1,078
1,600
133
554
214
477
291
744
149
199
433
785
1,182
1,890
102
652
243
531
337
845
159
197
465
883
8,509
8,745
10,490
16,329
27,035
4,119
3,400
719
4,218
3,472
746
4,527
4,289
238
5,825
5,017
808
4,665
4,388
277
11,560
10,642
918
4,769
4,473
4,185
205
Rest of the world
1. Includes Coast Guard.
NOTE.—The industry classification is on an establishment basis and is based on the 1967
1946
85,257
Manufacturing
Communication
1945
64,768
Contract construction
Railroads
Local and highway passenger transportation
Highway freight transportation and warehousing
Water transportation
Air transportation (common carriers)
Pipeline transportation
Services allied to transportation
1944
64,774
Mining
Nondurable goods
Food and kindred products
Tobacco manufactures
Textile mill products
Apparel and other finished fabric products
Paper and allied products
Printing, publishing, and allied industries
Chemicals and allied products
Products of petroleum and coal
Rubber products
Leather and leather products
Durable goods
Lumber and timber basic products
Furniture and finished lumber products
Stone, clay, and glass products
Iron and steel and their products, including ordnance.
Nonferrous metals and their products
Machinery, except electrical
Electrical machinery
Transportation equipment, except automobiles
Automobiles and automobile equipment
Miscellaneous manufacturing.
Transportation
1943
52,107
Agricultural services, forestry, and fisheries
Metal mining
Anthracite mining
Bituminous and other soft coal mining
Crude petroleum and natural gas
Nonmetallic mining and quarrying
1942
52,110
Domestic industries
Agriculture, forestry, and fisheries
1941
3
10
228
247
324
701
1,086
286
314
1,296
430
904
10,500
221
494
952
835
1,634
2,124
69
962
310
703
524
1,135
184
275
579
1,166
33,715
36,759
22,689
20,897
1,139
4,999
4,663
336
28,437
27,249
1,188
5,278
4,938
340
31,029
29,781
1,248
5,730
5,370
16, OSS
14,598
1,490
6,601
6,195
406
-16
-51
-64
695
1,311
2,145
59
753
245
573
384
-40
Standard Industrial Classification beginning with 1948 and o.i the 1942 Standard Industrial
Classification prior to 1948.
196
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
Table 6.5.—Compensation of Employees
[Millions of
Compensation of employees
Domestic industries
Agriculture, foresty, and fisheries
Farms
Agricultural services, forestry, and fisheries
Mining
Metal mining
Coalmining.
Oil and gas extraction
Nonmetallic minerals, except fuels
Contract construction
Manufacturing
:
Nondurable goods
Food and kindred products
Tobacco manufactures
Textile mill products
Apparel and other textile products.
Paper and allied products
Printing and publishing
Chemicals and allied products
Petroleum and coal products
Rubber and plastic products, n.e.c
Leather and leather products
Durable goods
Lumber and wood products
Furniture and fixtures
Stone, clay, and glass products.
Primary metal industries
Fabricated metal products
Machinery, except electrical
Electrical equipment and supplies.
Transportation equipment, except motor vehicles
and equipment, and ordnance
Motor vehicles and equipment
Instruments and related products
Miscellaneous manufacturing industries
Transportation
Railroad transportation
Local and interurban passenger transit
Trucking and warehousing
Water transportation
Air transportation
Pipeline transportation
Transportation services
Communication
Telephone and telegraph
Radio and television broadcasting
Electric, gas, and sanitary services
Wholesale and retail trade
Wholesale trade
Retail trade
Finance, insurance, and real estate
Banking
Credit agencies other than banks
Security and commodity brokers, dealers, and
services
Insurance carriers
Insurance agents, brokers, and services
Real estate
Holding and other investment companies
Services
Hotels and other lodging places
Personal services
Miscellaneous business services
Auto repair, services, and garages
Miscellaneous repair services
Motion pictures
Amusement and recreation services, n.e.c
Medical and other health services
Legal services
Educational services
Nonprofit membership organizations
Miscellaneous professional services
Private households
Government and government enterprises
Federal
Government
Civilian.
Military i
Government enterprises
State and local
Government
Government enterprises
Rest of the world
1948
1949
1950
141,440
141,318
154,844
141,354
141,260
154,766
3,319
3,143
3,176
3,000
319
2,817
326
3,597
354
1,953
998
292
7,523
1951
1952
1953
1954
1955
1956
1957
1958
1959
181,000
195,698
209,570
208,397
224,907
243,513
256,481
258,245
279,579
180,986
195,696
209,577
208,454
224,977
243,595
256,559
258,317
279,659
3,331
3,303
3,195
3,080
3,071
3,107
3,213
3,404
3,491
2,821
355
2,932
399
2,868
435
2,746
449
2,606
474
2,598
473
2,611
496
2,710
503
2,872
532
2,952
539
3,182
3,501
3,987
4,056
4,179
3,839
4,157
4,668
4,824
4,315
4,412
343
1,520
1,018
301
374
1,723
1,066
338
456
1,882
1,250
399
507
1,684
1,430
435
1,618
1,522
514
1,246
1,596
493
580
1,322
1,725
530
661
1,501
1,909
597
1,528
1,996
557
1,233
1,897
628
550
1,204
1,989
669
7,358
8,431
10,467
11,393
12,194
13,116
14,593
14,816
16,201
86,399
95,741
53,042
2,597
1,603
2,965
8,277
6,189
9,015
6,720
34,650
8,537
374
3,492
4,032
3,038
4,706
5,165
1,949
2,023
1,334
55,535
2,358
1,649
3,043
8,690
6,542
9,333
7,142
34,721
8,754
387
3,322
3,927
3,117
4,823
5,235
1,924
1,931
1,301
51,678
2,338
1,600
3,007
7,560
6,172
8,263
7,052
37,558
9,257
406
3,729
4,312
3,436
5,155
5,641
1,962
2,228
1,432
58,183
2,662
1,792
3,409
8,456
6,845
9,463
8,450
5,957
5,544
1,684
1,622
6,
5,190
1,893
1,733
7.719
5,277
2,037
1,745
7,482
4,521
1,977
1,706
7,945
5,106
2,209
1,846
12,564
13,370
14,463
15,142
14,445
15,476
5,907
1,294
3,068
1,152
655
158
330
6,091
1,289
3,489
1,262
737
158
344
6,567
1,308
3,822
1,349
874
167
376
6,626
1,358
4,058
1,507
1,022
174
397
6,094
1,310
4,124
1,305
1,052
172
388
6,199
1,346
4,745
1,388
1,204
176
418
3,403
3,580
3,832
4,196
4,466
4,463
4,698
3,021
382
3,145
435
3,361
471
3,676
520
3,913
553
3,874
589
4,077
621
47,059
53,600
63,659
68,840
27,603
1,965
995
1,708
4,560
3,427
4,980
3,343
21,538
5,458
229
3,178
2,948
1,548
2,754
2,377
1,121
946
979
25,521
1,739
953
1,637
4,088
3,184
4,350
2,999
23,533
5,790
241
3,635
3,176
1,788
2,929
2,632
1,149
1,138
1,055
30,067
2,073
1,167
1,888
5,048
3,813
4,852
3,581
25,991
6,397
278
3,777
3,317
2,057
3,168
3,200
1,380
1,345
1,072
37,668
2,385
1,234
2,246
6,234
4,534
6,665
4,452
27,288
6,742
295
3,661
3,458
2,143
3,391
3,477
1,515
1,448
1,158
41,552
2,387
1,317
2,235
6,277
4,812
7,437
5,075
76,374
29,199
7,158
314
3,697
3,671
2,375
3,684
3,883
1,612
1,608
1,197
47,175
2,379
1,400
2,451
7,121
5,490
7,949
5,936
1,912
2,663
835
1,215
1,865
2,767
805
1,134
1,918
3,511
950
1,266
3,398
3,937
1,218
1,365
5,158
4,031
1,414
1,409
10,376
9,946
10,499
12,040
5,817
1,255
1,678
919
342
132
233
5,382
1,237
1,758
834
358
130
247
5,587
1,219
2,076
870
384
126
237
6,410
1,282
2,385
1,076
460
143
284
2,306
2,425
2,511
2,098
208
2,196
229
2,251
260
49,454
21,851
5,356
215
3,563
3,054
1,577
2,609
2,365
1,082
1,012
1,018
612
471
15,034
11,960
72,867
79,991
86,423
29,297
7,413
326
3,326
3,535
2,457
3,871
4,019
1,682
1,508
1,160
31,287
7,763
339
3,532
3,745
2,684
4,136
4,302
1,736
1,793
1,257
33,381
8,262
362
3,600
3,975
2,919
4,453
4,776
1,828
1,895
1,311
43,570
2,256
1,335
2,431
6,256
5,230
7,259
5,446
48,704
2,523
1,509
2,738
7,572
5,783
7,777
5,995
6,256
5,013
1,597
1,583
5,P31
4,412
1,578
1,536
12,604
13,175
6,452
1,320
2,658
1,149
556
156
313
6,458
1,340
3,014
1,257
619
159
328
2,785
3,090
2,483
302
2,752
338
90,185
1,816
1,962
2,116
2,341
2,544
2,753
2,908
3,051
3,290
3,491
3,761
3,958
24,738
25,027
26,765
29,445
31,017
32,959
33,811
36,161
39,144
41,240
42,100
45,405
8,994
15,744
8,850
16,177
9,456
17,309
10,675
18,770
11,238
19,779
11,913
21,046
12,268
21,543
13,115
23,046
14,588
24,556
15,438
25,802
15,889
26,211
17,104
28,301
5,325
5,580
6,184
6,790
7,356
8,024
8,741
9,510
10,372
11,071
11,845
12,957
1,341
339
1,426
377
1,542
422
1,725
486
1,907
561
2,097
631
2,251
708
2,419
808
2,655
924
2,882
1,011
3,108
1,081
3,302
1,191
256
1,670
358
1,292
252
1,809
390
1,255
71
323
1,988
432
1,410
67
352
2,183
489
1,482
73
352
2,401
533
1,514
362
2,664
588
1,592
90
460
2,861
643
1,720
98
562
3,013
687
1,913
108
577
3,278
763
2,054
121
585
3,603
828
2,030
132
682
3,904
894
2,024
152
867
4,203
960
2,264
170
13,153
13,573
14,409
15,745
16,843
18,068
18,795
20,662
22,689
24,486
25,905
28,232
1,595
2,869
3,471
969
593
807
1,157
4,625
602
2,064
3,761
2,166
3,553
948
1,822
1,045
573
369
683
611
1,520
228
877
1,464
649
2,364
19,747
10,586
8,910
4,681
4,229
1,676
9,161
8,521
640
1,195
2,223
1,777
624
437
713
734
2,605
369
1,184
2,270
1,246
2,691
1,226
2,286
1,910
627
403
752
776
2,853
398
1,276
2,444
1,273
2,571
1,288
2,387
2,150
671
438
805
835
3,136
435
1,385
2,631
1,448
3,053
1,362
2,545
2,532
740
502
818
888
3,371
474
1,531
2,829
1,829
3,268
1,470
2,665
2,841
813
549
814
952
3,750
510
1,700
3,074
2,025
3,323
1,487
2,705
3,055
858
519
773
1,061
4,181
547
1,856
3,341
2,019
3,503
34,650
35,487
36,075
38,056
40,650
43,407
46,864
49,088
21,342
18,909
8,036
10,873
2,433
13,308
12,252
1,056
21,015
18,608
7,905
10,703
2,407
14,472
13,334
1,138
20,190
17,780
7,452
10,328
2,410
15,885
14,698
1,187
20.945
18,357
8,080
10,277
2,588
17,111
15,837
1,274
21.719
18,975
8,766
10,209
2,744
18,931
17,621
1,310
22,481
19,567
9,206
10,361
2,914
20,926
19,558
1,368
23,792
20,545
10,053
10,492
3,247
23,072
21,578
1,494
21.205
20,862
10,314
10,548
3,343
24,883
23,133
1,750
-7
-57
-70
-82
-78
-72
957
1,836
1,084
543
332
688
618
1,654
244
943
1,654
663
2,357
976
1,891
1,206
532
316
688
625
1,861
269
1,003
1,768
701
2,573
1,049
2,019
1,396
561
394
712
650
2,110
300
1,061
1,935
896
2,662
1,129
2,118
1,578
595
435
723
683
2,346
333
1,108
2,057
1,123
2,615
22,005
23,574
30,396
11,856
9,999
5,078
4,921
1,857
10,149
9,442
707
12,669
10,734
5,401
5,333
1,935
10,905
10,145
760
18,377
16,237
7,161
9,076
2,140
12,019
11,160
859
78
14
58
THE NATIONAL INCOME AND PRODUCT ACCOUNTS
197
by Industry: Annually, 1929-74—Continued
dollars]
1961
Compensation of employees
Domestic industries
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
303,568 325,098 342,882 367,957 396,543 439,290 471,915 519,815 571,354 609,150 650,271 715,145 797,745
303,698 325,178 342,930 36/, 996 396,520 439,243 471,858 519,768 571,294 609,077 650,204 715,100 797,717
Agriculture, forestry, and fisheries...
3,854
4,012
4,151
4,267
4,462
4,611
4,694
4,954
5,37V
5,733
5,898
6,287
7,254
Farms
Agricultural services, forestry, and fisheries...
Mining
3,225
629
3,319
.693
3,413
738
3,457
810
3,558
904
3,620
1,065
3,770
1,184
4,048
1,320
4,301
1,432
4,337
1,561
4,542
1,745
5,180
2,074
4,363
4,420
4,452
4,641
4,848
3,623
988
5,123
5,291
5,612
6,222
6,719
6,989
7,797
8,643
635
1,033
2,000
695
619
1,026
2,046
729
606
1,056
2,047
733
648
1,100
2,118
775
738
1,208
2,265
912
700
1,278
2,370
934
793
1,286
2,565
968
925
1,447
2,810
1,031
1,023
1,715
2,886
1,095
1,020
1,811
2,991
1,167
1,104
2,221
3,229
1,243
1,257
2.435
3,560
1,301
17,261
18,446
19,695
21,479
25,981
27,106
30,201
34,216
36,318
39,464
43,005
48,395
Metal mining
Coalmining
Oilahd gas extraction
Nonmetallic minerals, except fuels.
Contract construction..
Manufacturing
Nondurable poods
Food and kindred products
Tobacco manufactures
Textile mill products
Apparel and other textile products
Paper and allied products
Printing and publishing
Chemicals and allied products
Petroleum and coal products
Rubber and plastic products, n.e.c
Leather and leather products
Durable goods
Lumber and wood products
Furniture and fixtures
Stone, clay, and glass products
Primary metal industries
Fabricated metal products
Machinery, except electrical
Electrical equipment and supplies
Transportation equipment, except motor vehicles and
equipment, and ordnance
Motor vehicles and equipment
Instruments and related products
Miscellaneous manufacturing industries
Transportation.
Railroad transportation
Local and interurban passenger transit.
Tnicking and warehousing
Water transportation
Air transportation
Pipeline transportation
Transportation services
Communication.
Telephone and telegraph
Radio and television broadcasting
Electric, gas, and sanitary services
Wholesale and retail trade
Wholesale trade
Retail trade
Finance, insurance, and real estate
Banking
Credit r rencies other than banks
Security and commodity brokers, dealers, and services.
Insurance carriers
Insurance agents, brokers, and services
Real estate
Holding and other investment companies
Services
Hotels and other lodging places
Personal services
M iscellaneous business services
Auto repair, services, and garages
M iscellaneous repair services
Motion pictures
Amusement and recreation services, n.e.c.
Medical and other health services
Legal services
Educational services
Non
@FedFRASER