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8 SURVEY OF CURRENT BUSINESS
[Millions of dollars]
July 1957
Table 1.—National Income by
Line
1
2
3456
789
10
11121314
15
16
171819202122
23
Nations! income
Compensation of employees
Wages and salaries --PrivateMilitaryGovernment civilian
Supplements to wages and salaries __ .Employer contributions for social insuranceOther labor income -
Income of unincorporated enterprises and inventory valuationadjustment.
Business and professional _ _ __Income of unincorporated enterprisesInventory valuation adjustment
Farm
Rental income of persons
Corporate profi ts and inventory valuation adj ustment
Corporate profits before taxCorporate profits tax liabilityCorporate profits after tax _
DividendsUndistributed profits
Inventory valuation adjustment
Net interest -- --
1929
87,814
51,085
50,42345, 485
3084,630
662101561
14,759
8,7918,649
1425,968
5,425
10, 100
9,6281,3698,2595,8132,446
472
6,445
1930
75, 729
46,844
46, 18741, 033
3114,843
657106551
11,540
7,4106,655
7554,130
4,778
6,582
3,322842
2,4805,490
-3,0103,260
5,985
1931
59,708
39, 740
39, 11933, 861
3044,954
621111510
8,734
5,5814,970
6113,153
3,761
1,634
-780498
-1,2784,088
-5,3662,414
5,839
1932
42,547
31, 054
30, 47725, 511
2924,674
577126451
5,316
3,3843,089
2951,932
2,713
-1,970
—3,017385
-3, 4022,565
-5,9671,047
5,434
1933
40, 159
29,539
28, 99723, 855
2674,875
542133409
5,599
3,1663,691-5252,433
1,971
-1,992
151521
-3702,056
-2,426-2, 143
5,042
1934
48,959
34,295
33, 70527, 629
2685,808
590147443
7,010
4,5644,618
542,446
1,694
1,091
1,716744972
2,587-1,615
625
4,869
1935 j 1936
57,057
37, 340
36,69030, 189
3036,198
650171479
10, 387
5,3515,401
— 505,036
1,661
2,918
3,145951
2,1942,863-669
227
4,751
64, 911
42, 910
41,92034,054
3347,532
990418572
10, 482
6,5306,650-1203,952
1,776
5,002
5,7401,4094,3314,548-217-738
4,741
1937
73, 618
47, 934
46, 10738, 614
3547,139
1,8271,234
593
12, 691
7,0737,102-29
5,618
2,081
6,204
6,2351,5024,7334,685
48-31
4,708
1938
67,581
44, 994
42, 97634, 752
3657,859
2,0181,423
595
11,128
6,7936,572
2214,335
2,560
4,263
3,3001,0292,2713,187-916
963
4,636
1939
72,753,
48, 108
45, 94137, 742
3887,811
2,1671,540
627
11,610
7,2937,459-1664,317
2,742
5,689
6,4031,4414,9623,7881,174-714
4,604
[Millions of dollars]Table 2.—Gross National Product
Line
1
2
345
6
789
10
111213
14
15
161718192021
22
Gross national product
Personal consumption expenditures _.
Durable goodsNondurable goodsServices
Gross private domestic investment
New constructionResidential nonfarm _ _ _ __Other
Producers' durable equipment
Change in business inventoriesNonfarmFarm
Net foreign investment
Government purchases of goods and services. _
FederalNational security
National defenseOther national security
Other _- __Less' Government sales
State and local - _ _ _
1929
104, 436
78, 952
9,21237, 67732 063
16, 231
8,7073,6255,082
5,850
1 6741,836-162
771
8,482
1,311
1, 344
33
7,171
1930
91, 105
70, 968
7,15534, 01029, 803
10, 265
6,1832, 0754,108
4,465
—383-83
-300
690
9, 182
1,410
1, 432
22
7,772
1931
76, 271
61, 333
5,48528,94626, 902
5,523
3,9681,5652,403
2,839
— 1 284-1,608
324
197
9,218
1,537
1, 549
12
7,681
1932
58, 466
49, 306
3,64622, 75822,902
913
1,876630
1,246
1,593
—2 556-2,590
34
169
8,078
1,480
1,484
4
6,598
1933
55, 964
46, 392
3,46922, 25120, 672
1,391
1,431470961
1,589
—1,629-1,370
-259
150
8,031
2,018
2,022
4
6,013
1934
64, 975
51, 894
4,21326, 65621, 025
2,888
1,709625
1,084
2,304
1,125195
-1,320
429
9,764
2,991
2, 997
6
6,773
1935
72, 502
56,289
5,11129, 31921 859
6,277
2,2991,0101,289
3,066
912376536
54
9,990
2,931
2, 935
4
7,059
1936
82, 743
62, 616
6,30432,83623 476
8,404
3,2811,5651,716
4,169
9542,066
-1,112
-93
11,816
4,815
4, 818
3
7,001
1937
90 780
67, 259
6,92535 18525 149
11, 747
4,4031,8752,528
5,095
2 2491,726
523
62
11,712
4,552
4, 557
5
7,160
1938
85 227
64, 641
5,68633 98524 970
6,661
3 9601,9901,970
3,644
—943— 1,046
103
1,109
12,816
5,280
5, 286
6
7,536
1939
91 095
67, 578
6,67035 13125 777
9 309
4,7572,6802,077
4,180
37231656
888
13, 320
5,157| 1, 258)
I 3, 9089
8,163
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
July 1957
Distributive Shares, 1929-56
SUEVEY OF CURRENT BUSINESS
[Millions of dollars]
9
1940
81, 634
52, 129
49, 81841, 395
5637,860
2,3111,624687
13,010
8,4428, 487-454,568
2,885
9,120
9,3202,8346,4864,0432,443-200
4,490
1941
104, 710
64,789
62, 08651, 8941,8668,326
2,7031,983720
17, 401
10, 89711, 512-6156,504
3,465
14,511
16, 9827,6109,3724,4584,914
-2, 471
4,544
1942
137,694
85,271
82, 10966, 1236,1689,818
3,1622,302860
23, 907
13, 89914, 266-36710, 008
4,547
19, 678
20, 88211,4159,4674,2895,178
-1,204
4,291
1943
170,310
109, 587
105, 82879, 19714, 13312,498
3,7592,6771,082
28, 187
16, 82316, 979-156
11, 364
5,097
23, 781
24, 55414, 07410, 4804,4845, 996-773
3, 658
1944
182, 639
121,286
116, 82383, 84320, 03312, 947
4,4632,9371,526
29, 565
18, 04018, 109-69
11, 525
5,413
23, 033
23, 32012, 94910, 3714,6735,698-287
3,342
1945
181,248
123, 181
117, 57782, 66421, 81913, 094
5,6043,8051,799
30, 835
19,01119, 117-106
11, 824
5,634
18, 413
18, 97710, 6898,2884,6913,597-564
3,185
1946
179,577
117, 697
111,83691, 2417,81812, 777
5,8613,9701,891
35, 265
21, 32123, 026-1,70513, 944
6,208
17, 288
22, 5519,11113, 4405,7847,656
-5, 263
3,119
1947
197, 168
128, 757
122, 858105, 5124,06713, 279
5,8993,5652,334
34, 433
19, 94821, 419-1,47114, 485
6,510
23, 626
29, 52511, 28318, 2426,52111, 721-5,899
3,842
1948
221, 641
140, 927
135, 172116, 4243,97014, 778
5,7553,0422,713
38, 389
21, 64922, 061-412
16, 740
7,198
30, 619
32, 76912, 51020, 2597,24813,011-2, 150
4,508
1949
216, 193
140,858
134, 334113, 8734,24816, 213
6,5243,5033,021
34, 149
21, 43120, 963
46812, 718
7,874
28, 141
26, 19810, 41115, 7877,4588,3291,943
5,171
1950
239, 956
154,325
146, 526124, 2974,99917, 230
7,7993,9763,823
36, 140
22, 85523, 989-1, 13413, 285
8,473
35, 106
39, 97017, 82922, 1419,20712, 934-4, 864
5,912
1951
277, 041
180, 420
170,881142, 0508,68420, 147
9,5394, 7534,786
40, 809
24, 79125, 135-344
16, 018
9,129
39, 913
41, 17322, 47618, 6979,0909,607
-1,260
6,770
1952
290, 177
195,095
184, 918151, 98710, 47222, 459
10, 1774,8615,316
40, 852
25, 73225, 519
21315, 120
9,906
36, 903
35, 93619, 78816, 1489,0007,148967
7,421
1953
302, 129
208,069
197, 287163, 46610, 33723, 484
10, 7824,7885,994
39, 171
25, 90826, 098-190
13, 263
10, 152
36,042
37, 03920, 30416, 7359,3107,425-997
8,695
1954
298, 955
206,849
195, 513161, 1839,95124,379
11, 3365,1226,214
38,560
25, 87625, 930-54
12, 684
10, 585
33, 134
33, 45217, 42916, 0239,8746,149-318
9,827
1955
324,068
223,072
210, 339174, 4469,77826, 115
12, 7335,8166,917
39, 191
27, 33927, 597-258
11, 852
10,204
40, 724
42, 47321, 52020, 95311, 0489,905
-1,749
10, 877
1956
343, 620
241,372
227, 237189, 3839,70228, 152
14, 1356,6167,519
39, 617
28, 01728, 577-560
11, 600
10,322
40,449
43, 00821, 95921, 04911,8749,175
-2, 559
11,860
Line
1
2
3456
789
10
11121314
15
16
171819202122
23
or Expenditure, 1929—56Millions of dollars]
1940.
100, 618
71, 881
7,77137, 21526, 895
13, 155
5,4522,9852,467
5,531
2,1721,902270
1,509
14,073
6,1702,223
3,9569
7,903
1941
125, 822
81, 875
9,65943, 20829, 008
18,072
6,6293,5103,119
6,942
4,5014,049452
1,124
24,751
16, 92313, 794
3,17344
7,828
1942
159, 133
89, 748
6,96851, 32431, 456
9,875
3,7211,7152,006
4,343
1,811652
1,159
-207
59,717
52, 02749, 567
2,664204
7,690
1943
192,513
100, 541
6 60559, 25934, 677
5,600
2,326885
1,441
4,027
-753-577-176
-2,245
88, 617
81, 22380, 384
1,480641
7,394
1944
211,393
109, 833
6,76465, 36837, 701
7,130
2,712815
1,897
5,438
-1,020-575-445
-2,099
96, 529
89, 00688, 615
1,5521,161
7,523
1945
213, 558
121, 699
8,10573, 22240, 372
10, 430
3,8331,1002,733
7,654
-1,057-595-462
-1,438
82, 867
74, 79675, 923
1,0312,158
8, 071
1946
209, 246
146,617
15, 89284, 50146, 224
27, 125
10, 2914,0156,276
10, 733
6,1016,350-249
4,586
30, 918
20,93421, 188
2,4692,723
9,984
1947
232, 228
164, 973
20, 59393, 07751, 303
29, 705
14, 0296,3107,719
16, 667
-9911,298
-2, 289
8,942
28, 608
15, 77613, 34912, 2541 0953', 7511,324
12, 832
1948
257,325
177, 609
22, 21498. 74156, 654
41, 176
17, 9048,5809,324
19, 110
4,1623,0261,136
1,956
36, 584
21, 01915, 98411, 5784 4065̂ 570535
15, 565
1949
257, 301
180, 598
23, 57396, 87960, 146
32,549
17, 4538,2679,186
17, 833
-2, 737-1,862-875
534
43, 620
25, 44519,28813, 5705 7186̂ 570413
18, 175
1950
285,067
194, 026
28, 608100, 38665, 032
51,219
22, 73312,60010, 133
21, 135
7,3516,428923
-2, 201
42, 023
22, 13818, 51114, 2574 2543J882255
19, 885
1951
328, 232
208,342
27, 148111,05470, 140
56, 864
23, 33210, 97312, 359
23, 177
10, 3558,9511,404
227
62, 799
40, 99537, 26033,8643,3964^154419
21, 804
1952
345, 445
218, 328
26,641116, 11075, 577
49,808
23, 72311,10012, 623
23, 116
2,9692,105864
-164
77, 473
54, 26048, 82346, 4082 4155̂ 792355
23, 213
1953
363, 218
230,542
29, 811119,05581, 676
50,325
25, 77811, 93013, 848
24, 293
254871
-617
-2,017
84,368
59, 48151, 47549, 2892 1868i 423417
24, 887
1954
361, 167
236, 557
29,354120, 57186,632
48,381
27, 80613, 49614, 310
22,490
-1,915-2, 409
494
-412
76, 641
48, 92843,06541, 1891 8766̂ 242379
27, 713
1955
391, 692
254, 421
35, 649125, 96892,804
60, 605
32, 67216, 59516, 077
23, 701
4,2323,961271
-420
77,086
46, 78541, 26939, 0812, 1885,' 934418
30, 301
1956
414, 686
267, 160
33, 948133, 33799, 875
65, 923
33, 27615, 31917, 957
28,093
4,5545,024-470
1,376
80,227
47, 19942, 40540,3562 0495i 192398
33, 028
Line
1
2
345
6
789
10
111213
14
15
161718192021
22
430397°—57-Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
10 SURVEY OF CURRENT BUSINESS
[Millions of dollars]
July 1957
Table 3.—Personal Income and
Line
1
234
567
8
91011
12
13
14
Personal income
Wage and salary disbursements- .. . _Other labor incomeProprietors' and rental income
Dividends _ __ _Personal interest incomeTransfer payments _ .
Less' Personal contributions for social insurance
Less1 Personal tax and nontax paymentsFederalState and local
Equals; Disposable personal income
Less: Personal consumption expenditures _
Equals: Personal saving.. ._ _
1929
85, 763
50, 423561
20, 184
5,8137,4281,496
142
2,6431,2631,380
83, 120
78, 952
4,168
1930
76, 881
46, 187551
16, 318
5,4906,9491,533
147
2,5071,1341,373
74, 374
70, 968
3,406
1931
65, 698
39, 119510
12, 495
4,0886,9232,714
151
1,858607
1,251
63, 840
61, 333
2,507
1932
50, 115
30, 477451
8,029
2,5656,5752,170
152
1,455331
1, 124
48, 660
49, 306
-646
1933
47, 208
28, 997409
7,570
2,0566,2122,116
152
1,464474990
45, 744
46, 392
-648
1934
53, 575
33, 705443
8,704
2,5876,0992,194
157
1,595595
1,000
51, 980
51, 894
86
1935
60, 210
36,690479
12, 048
2,8635,8922,400
162
1,888827
1,061
58, 322
56,289
2,033
1936
68, 480
41, 920572
12 258
4,5485,8423,520
180
2,2581,1301,128
66, 222
62, 616
3,606
1937
73, 921
46, 107593
14 772
4,6855 9122,418
566
2,9211,7231,198
71, 000
67, 259
3,741
1938
68, 554
42, 976595
13 688
3,1875 8282,834
554
2,8621,6351,227
65, 692
64, 641
1.051
1939
72, 88^
45,941627
14 352
3,7885 8092,963
596
2,4401,2351,205
70, 444
67, 578
2,866
Table 4.—Relation of Gross National Product,
[Millions of dollars]
Line
1
2345
6
7
89
10
11
1213141516
171819
20
Gross national product
Less: Capital consumption allowances _Depreciation charges _ _ _Accidental damage to fixed capitalCapital outlays charged to current expense _ _ _
Equals: Net national product
Plus: Subsidies minus current surplus of Government enter-prises
Less: Indirect business tax and nontax liability _ _Business transfer paymentsStatistical discrepancy
Equals: National income
Less' Undistributed corporate profitsCorporate profits tax liability _. .Corporate inventory valuation adjustmentContributions for social insuranceExcess of wage accruals over disbursements
Plus: Net interest paid by GovernmentGovernment transfer payments . __ - -Business transfer payments
1929
104 436
8,6177,698
413506
95 819
-147
7,003587268
87, 814
2 4461,369
472243
0
983909587
85, 763
1930
91 105
8,5417,737
389415
82 564
-123
7,155534
—977
75, 729
—3 010842
3,260253
0
964999534
76, 881
1931
76, 271
8,1667,552
351263
68 105
-49
6,859649840
59, 708
—5 366498
2,414262
0
1,0842,065
649
65, 698
1932
58, 466
7,6157,038
329248
50, 851
-45
6,768737754
42, 547
—5 967385
1,047278
0
1,1411,433
737
50, 115
1933
55, 964
7,1616,661
275225
48, 803
18
7,055659948
40, 159
2 426521
-2, 143285
0
1,1701,457
659
47, 208
1934
64, 975
7,1126,598
237277
57, 863
283
7,815641731
48, 959
1 615744
-625304
0
1,2301,553
641
53, 575
1935
72, 502
7,2356,665
236334
65, 267
403
8,190594
— 171
57, 057
— 669951
-227333
0
1,1411,806
594
60, 210
1936
82, 743
7,4966,700
381415
75, 247
39
8,663594
1,118
64, 911
2171,409-738
5980
1,1012,926
594
68,480
1937
90 780
7,7466,910
304532
83 034
60
9,157567
—248
73, 618
481,502-31
1,8000
1,2041,851
567
73,921
1938
85 227
7,7836 939
387457
77 444
176
9,154429456
67,581
—9161,029
9631,977
0
1,1922,405
429
68, 554
1939
91 095
7,8387, 121
222495
83 257
485
9,365451
1,173
72, 753
1 1741,441—7142,136
0
1,2052,512
451
72,884
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
July 1957
Disposition of Income, 1929-56
SURVEY OF CURRENT BUSINESS
[Millions of dollars]
11
1940
78, 680
49, 818687
15, 895
4,0435,7813,114
658
2,6041,3641,240
76,076
71,881
4,195
1941
96,275
62, 086720
20, 866
4,4585,8333,113
801
3,2932,0161,277
92,982
81,875
11, 107
1942
123,497
82, 109860
28, 454
4,2895,8083,143
1,166
5,9814,6681,313
117,516
89, 748
27,768
1943
151,392
105, 6191,08233, 284
4,4845,7982,964
1,839
17, 84516, 5171,328
133, 547
100, 541
33, 006
1944
165,696
117,0161,52634, 978
4,6736,1513,588
2,236
18, 93517, 5361,399
146, 761
109, 833
36, 928
1945
171, 222
117, 5631,79936, 469
4,6916,8686,165
2,333
20, 86719, 3791,488
150,355
121, 699
28, 656
1946
177, 990
111, 8661,89]41, 473
5,7847,57611,411
2,011
18, 80817, 1621,646
159, 182
146, 617
12,565
1947
190, 522
122, 8432,33440, 943
6,5218,21211, 787
2,118
21, 50619, 6501,856
169, 016
164, 973
4,043
1948
208, 743
135, 1422,71345, 587
7,2488,95011, 281
2,178
21, 14218, 9972,145
187, 601
177, 609
9,992
1949
206,818
134, 3793,02142, 023
7, 4589,76812, 403
2,234
18, 66116, 1942,467
188, 157
180, 598
7,559
1950
227,050
146, 5263,82344, 613
9,20710, 62815, 147
2,894
20, 92018, 1792,741
206, 130
194,026
12, 104
1951
255,340
170, 7764,78649, 938
9,09011, 59212, 575
3,417
29, 27126, 2782,993
226,069
208, 342
17, 727
1952
271,775
184, 9475,31650, 758
9,00012, 29713, 210
3,753
34, 40131, 1653,236
237,374
218,328
19, 046
1953
286, 006
197, 3635,99449, 323
9,31013, 70014, 256
3,940
35, 77132, 3593,412
250, 235
230, 542
19,693
1954
287, 417
195, 5136,21449, 145
9, 87415,02116, 223
4,573
32, 95429, 1553,799
254,463
236, 557
17, 906
1955
305, 942
210, 3396,91749, 395
11,04816, 08617, 354
5,197
35, 75331, 5214,232
270, 189
254, 421
15, 768
1956
326, 885
227, 2377,51949, 939
11, 87417, 59918, 453
5,736
39, 68335, 1104,573
287, 202
267, 160
20,042
Line
1
234
567
8
91011
12
13
14
National Income, and Personal Income, 1929—56[Millions of dollars
1940
100, 618
8,1487,316246586
92, 470
420
10, 021431804
81, 634
2,4432,834-2002,282
0
1,2912,683431
78, 680
1941
125,822
9,0418,078273690
116, 781
102
11, 296502375
104,710
4,9147,610
-2, 4712,784
0
1,2892,611502
96, 275
1942
159, 133
10, 1559,162484509
148, 978
150
11, 769495
-830
137, 694
5,17811,415-1,2043,468
0
1,5172,648495
123, 497
1943
192,513
10, 8669,854399613
181, 647
183
12, 735505
-1,720
170, 310
5,99614, 074-7734,516209
2,1402,459505
151,392
1944
211,393
12, 00710, 793
360854
199, 386
652
14, 127506
2,766
182, 639
5,69812, 949-2875,173-193
2,8093,082506
165, 696
1945
213, 558
12, 54911, 246
381922
201, 009
760
15, 522532
4,467
181,248
3,59710, 689-5646,138
14
3,6835,633532
171, 222
1946
209, 246
11, 66610, 013
4071,246
197, 580
835
17, 349557932
179,577
7,6569,111
-5, 2635,981-30
4,45710, 854
557
177, 990
1947
232, 228
14, 11812, 150
5671,401
218, 110
-227
18, 658674
1,383
197, 168
11,72111, 283-5, 8995,683
15
4,37011, 113
674
190,522
1948
257, 325
16, 49414, 290
5741,630
240,831
-171
20, 390739
-2, 110
221, 641
13,01112, 510-2, 1505,220
30
4,44210,542
739
208, 743
1949
257,301
18, 43116, 380
5181,533
238, 870
-181
21, 64478171
216, 193
8,32910,4111,9435,737-45
4,59711, 622
781
206, 818
1950
285, 067
20, 51618, 042
6161,858
264,551
204
23, 741843215
239, 956
12, 93417, 829-4, 8646,870
0
4,71614, 304
843
227, 050
1951
328,232
23, 46920, 344
9092,216
304, 763
187
25, 637985
1,287
277, 041
9,60722, 476-1,2608,170105
4,82211, 590
985
255, 340
1952
345, 445
23, 89021, 002
6842,204
321, 555
-138
28, 1061,1691,965
290, 177
7,14819, 788
9678,614-29
4,87612, 0411,169
271, 775
1953
363,218
26, 48623, 266
8132,407
336, 732
-423
30, 2231,3692,588
302, 129
7,42520, 304-9978,728-76
5,00512, 8871,369
286,006
1954
361, 167
28, 92325, 591
9172,415
332, 244
-232
30, 1331,2621,662
298, 955
6,14917, 429-3189,695
0
5,19414, 9611,262
287, 417
1955
391, 692
31, 61128, 1101,0552,446
360, 081
233
32, 8621,3032,081
324, 068
9,90521, 520-1,74911,013
0
5,20916, 0511,303
305, 942
1956
414, 686
34, 26630, 588
7462,932
380, 420
1,102
35, 0001,3031,599
343, 620
9,17521, 959-2, 55912, 352
0
5,73917, 1501,303
326,885
Line
1
2345
6
7
8910
11
1213141516
171819
20
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
26 SURVEY OF CURRENT BUSINESS
[Billions of dollars]
July 1957
Table 42.—National Income by
Line
t
234561
189
.1011
1213141516
17
18
National income _
Compensation of employees __Wages and salaries
Private - _ . -_. _MilitaryGovernment civilian
Supplements to wages and salaries
Proprietors' and rental income *Business and professionalFarmRental income of persons
Corporate profits and inventory valuation adjustmentCorporate profits before tax. _ __
Corporate profits tax liabilitvCorporate profits after tax.. ..
Inventory valuation adjustment
Net interest -
Addendum : Compensation of general government employees
I
69.6
46.944.336.22 55 62.6
12.46.33.72.4
8.68.54.7o o.0
1.8
7.6
II
71.3
47.745 136.92 65 62.6
12.76.43.82 5
9.18.64.73.9.6
1.8
7.7
1952
III
73.3
49.046 438.42 75 42.5
13.26.44.22. 5
9.39.25.14.1.1
1.9
7.6
IV
75.9
51.649 140.52 66 02.4
12.56.63.42 5
9.99.65.34.3.3
1.9
8.0
Year
290.2
195.1184 9152.0
10 522 510.2
50.825.715.19 9
36.935.919.816.11.0
7.4
31.0
I
74.8
50.747 939.42 65 92 8
12.56.63 42 5
9 69.75 34.4
- .2
2.0
8.0
II
76 5
52.049 140 72 65 92 8
12.36.53 32 5
10 010.45 74.7
— 3
2.1
8.0
1953
III
76.0
52.649 941.72 65 62 7
12.26.43 22 5
9 09.75.34.4
—.7
2.2
7.6
IV
74 8
52 850 341 62 66 12 5
12 36.43 32 6
7 47.34 03.3
2
2.3
8.1
Year
302 1
208.1197 3163 5
10 323 510 8
49 325.913 310 2
36 037.020 316.71 0
8.7
31.7
1. Includes noncorporate inventory valuation adjustment.
Table 43.—^National Income by Distributive Shares, Seasonally
[Billions of dollars]
Line
1
234567
89
1011
1213141518
17
18
National income
Compensation of employees _Wages and salaries
Private --MilitaryGovernment civilian. _ _ _ _ _ _
Supplements to wages and salaries
Proprietors' and rental income 1Business and professional . _.FarmRental income of persons
Corporate profits and inventory valuation adjustmentCorporate profits before t a x __. _ _ _ _ _
Corporate profits tax liabilityCorporate profits after tax—
Inventory valuation adjustment _ __
Net interest _ _
Addendum : Compensation of general government emplovees
I
284.6
190.1180 1148. 110 221.910.0
49.525.114.79 7
37.837.720.716.9
.1
7.2
30.1
II
285 6
191.8181 8149.010 622.310. 1
50.825.715.29 8
35.633.618.515.12.1
7.3
30.9
1952
III
290 8
J95.6185 4152.010 722.710.2
52.625. S16.910 0
35.134.619.015.5
.5
7.5
31.4
IV
299.6
202.6192 2158. 710 523.010. 5
50.226.413.710.1
39.138.020.917.11.1
7.6
31.5
Year
290.2
195.1184 9152.010. 522.510.2
50.825.715.19.9
36.935.919.816.11.0
7.4
31.0
I
303. 0
205.8195 1161. 510 323.410. 7
50.026.313.610.1
39.139.521.717.9—.5
8.2
31.6
II
305.8
209.3198 4164. 510 423. 510.9
49,426.113.210 1
38.740.222.018.2
— 1.5
8.5
31.9
1953
III
304.1
209.7198 9165.010 423.510.8
48.925.813.010.1
36.638.821.317.5
-2.2
8.9
31.7
IV
295 7
207.6196 8162 910 323.610 8
49.125.513.310 2
29.829.716.313.4
.2
9.2
31.6
Year
302.1
208.1197 3163. 510 323.510.8
49.325. 913.310.2
36.037.020.316.7
— 1.0
8.7
31.7
1. Includes noncorporate inventory valuation adjustment.
Table 44.—Gross National Product[Billions of dollars!
Line
1
2345
6789
101112
13
1415161718192021
Gross national product _ _ _ _ _ _
Personal consumption expendituresDurable goodsNondurable goodsServices . _ _ _ _ _ _ _ _
Gross private domestic investment _ _ _ _ .New construction
Residential nonfarmOther _ .
Producers' durable equipmentChange in business inventories — total
Nonfarm only
Net foreign investment
Government purchases of goods and servicesFederal _
National securityNational defense ._ _ _Other national security
OtherLess Government sales
State and local _ _
I
82.7
50.55.6
26.418.5
13.85.02.22.95.92 92.6
.6
17.712.411.310.7
.61.2. 1
5.3
II
84.4
53.96.8
28.318.8
11.05.92.83.26.4
— 1 3-1.6
.1
19.413.612.311.7
.71.4.1
5.9
1952
III
85.5
53.26.1
28.318.8
12.86.53.13.45.31 0.8
-.6
20.114.212.511.8
.71.8.1
5.9
IV
92.8
60.78.2
33.119.4
12.16.23.03.25.6.3.2
-.2
20.214.112.712.2
.51.5. 1
6.1
Year
345.4
218.326.6
116. 175.6
49.823.711.112.623.13 02.1
-.2
77.554.348.846.42.45.8.4
23.2
I
88.3
54.36.7
27.620.0
14.15.42.43.05.92 82.9
-.6
20.514.713.012.4
.61.9. 1
5.7
II
91.3
57.57.7
29 420.4
12.96.63.13.56.4
1.1
-.6
21.515.313.312.7
.62,1. 1
6.2
1953
III
90.7
56.97.4
29.020.5
13.47.13.33.86.1
1.3
-.7
21.214.812.812.3
.52.1.1
6.4
IV
92.9
61.87.9
33 220.7
3.96.63.13.65.8
—2 5-2.5
-.1
21.314.712.411.8
.52.4. 1
6.6
Year
363.2
230.529.8
119. 181.7
50.325.811.913.824.3
3.9
-2.0
84.459.551.549.32.28.4.4
24.9
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
July 1957
Distributive Shares, Quarterly, 1952-56
SUKVEY OF CUEKENT BUSINESS
[Billions of dollars]
27
1954
I
73.1
50.547.639.02.56.13.0
12.36.33.42.6
7.98.04.23.8-.1
2.4
8.0
II
74.5
51.248.339.72.56.12.9
12.16.43.02.7
8.78.74.54.2.0
2.4
8.1
III
74.9
51.949.140.92.55.82.8
12.46.53.32.7
8.08.24.33.9-.2
2.5
7.7
IV
76.6
53.250.541.62.56.52.6
12.36.63.02.6
8.58.64.54.1.0
2.6
8.4
Year
299.0
206.8195.5161.210.024.411.3
49.125.912.710.6
33.133.517.416.0
0
9.8
32.2
1955
I
76.7
52.649.440.52.46.43.2
12.26.72.92.6
9.49.74.94.8-.4
2.6
8.4
II
80.8
55.151.942.82.56.63.3
12.46.83.02.6
10.610.75.45.3-.2
2.7
8.6
III
82.2
56.953.745.12.46.13.2
12.46.93.02.5
10.110.85.55.3-.6
2.8
8.1
IV
84.4
58.555.546.12.46.93.0
12.46.92.92.5
10.611.25.75.5-.6
2.8
8.8
Year
324.1
223.1210.3174.4
9.826.112.7
49.427.311.910.2
40.742.521.521.0-1.7
10.9
33.9
1956
I
82.8
57.654.044.72.46.93. 6
12.36.92.92.6
10.010.75.55.3-.8
2.9
8.8
II
85.4
59.756.146.72.47.03.7
12.47.02.92.6
10.311.05.65.4-.7
2.9
8.9
III
86.6
61.357.848.42.46.93.5
12.57.02.92.6
9.810.15.25.0-.4
3.0
8.9
IV
88.9
62.759.449.62.47.43.3
12.77.13.02.6
10.411.15.75.4-.7
3.1
9.4
Year
343.6
241.4227.2189.4
9.728.214.1
49.928.011.610.3
40.443.022.021.0
-2.6
11.9
36.1
Line
1
234567
89
1011
121314IS16
17
18
Adjusted Quarterly Totals at Annual Rates, 1952-56
[Billions of dollars]
1954
I
296.5
205.7194.6160.710.123.811.2
49.325.313.510.5
32.032.216.815.4-.2
9.5
31.7
II
297.0
205.7194.5160.310.024.211.2
48.425.812.010.6
33.233.417.416.0-.2
9.6
32.1
III
298.2
206.0194.7160.2
9.924.611.3
49.826.013.110.6
32.432.717.015.7-.3
9.9
32.5
IV
304.0
209.7198.1163.3
9.824.911.6
49.126.412.210.6
35.035.518.517.0-.5
10.2
32.7
Year
299.0
206.8195.5161.210.024.411.3
49.125.912.710.6
33.133.517.416.0-.3
9.8
32.2
1955
I
311.4
214.0201.8166.9
9.725.312.2
48.726.711.710.4
38.239.420.019.5
-1.2
10.5
32.9
II
321.5
221.3208.8172.810.026.112.5
49.627.312.110.2
39.940.720.620.1-.9
10.7
33.8
III
328.3
226.1213.0176.9
9.826.413.0
49.627.611.910.1
41.643.622.121.5
-2.0
11.0
34.4
IV
334.9
230.8217.5181.1
9.726.813.2
49.627.811.710.1
43.246.123.422.7
-2.9
11.3
34.5
Year
324.1
223.1210.3174.4
9.826.112.7
49.427.311.910.2
40.742.521.521.0
-1.7
10.9
33.9
1956
I
335.8
234.5220.9183.9
9.727.313.7
49.327.711.410.2
40.543.322.121.2
-2.8
11.5
35.0
II
340.6
240.0226.1188.4
9.727.913.9
49.728.011.510.3
39.142.421.620.7
-3.2
11.7
35.8
III
344.5
242.7228.3190.1
9.728.514.4
50.028.211.510.4
39.840.820.819.9
-1.0
12.0
36.6
IV
353.3
247.9233.3194.7
9.728.914.6
50.728.312.010.4
42.445.623.322.3
-3.2
12.3
36.9
Year
343.6
241.4227.2189.4
9.728.214.1
49.928.011.610.3
40.443.022.021.0
-2.6
11.9
36.1
Line
1
234567
89
1011
1213141516
17
18
or Expenditure, Quarterly, 1952-56[Billions of dollars]
1954
I
87.2
55.16.4
27.421.3
12.75.62.43.25.61.51.4
-.3
19.713.511.711.2
.52.0.1
6.2
II
88.9
58.77.5
29.621.6
11.26.83.33.56.1
-1.7-1.9
.0
19.012.110.810.4
.41.3.1
7.0
III
89.4
58.06.9
29.521.6
12.87.83.93.95.5-.6-.7
-.5
19.111.910.510.1
.51.5.1
7.2
IV
95.6
64.78.6
34.122.1
11.87.63.93.75.3
-1.1-1.3
.4
18.711.410.09.5.6
1.5.1
7.3
Year
361.2
236.629.4
120.686.6
48.427.813.514.322.5
-1.9-2.4
-.4
76.648.943.141.21.96.2.4
27.7
1955
I
92.4
58.97.9
28.222.8
15.06.83.43.45.23.02.9
-.1
18.711.710.49.8.7
1.4.1
6.9
II
96.7
63.19.2
30.723.2
14.58.24.33.96.1.2.1
-.2
19.311.610.39.8.6
1.4.1
7.7
III
98.4
63.08.8
31.023.1
16.39.24.74.46.11.01.0
-.3
19.411.710.39.9.5
1.5.1
7.7
IV
104.2
69.59.8
36.023.7
14.88.54.24.36.3.0.0
.2
19.711.810.29.7.5
1.7.1
7.9
Year
391.7
254. 435.6
126.092.8
60.632.716.616.123.74.24.0
-.4
77.146.841.339.12.25.9.4
30.3
1956
I
98.9
62.87.8
30.424.6
17.37.13.23.96.43.83.8
-.1
18.911.610.39.8.5
1.4.1
7.4
II
102.2
65.98.5
32.425.0
16.18.44.04.57.3.4.5
.3
19.911.610.49.9.5
1.3.1
8.3
III
103.4
65.67.9
32.824.9
17.19.24.34.97.1.8
1.0
.1
20.611.810.710.2
.51.2.1
8.8
IV
110.2
72.99.8
37.825.4
15.48.63.94.77.3
-.4-.3
1.0
20.812.211.010.5
.51.3.1
8.5
Year
414.7
267.233.9
133.399.9
65.933.315.318.028.14.65.0
1.4
80.247.242.440.42.05.2.4
33.0
Line
1
2345
6789
101112
13
1415161718192021
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
28 SURVEY OF CURRENT BUSINESS Juiy 1957
Table 45.—Gross National Product or Expenditure, Seasonally[Billions of dollars]
Line
1
2345
6789
101112
13
1415161718192021
Gross national product . __ _
Personal consumption expendituresDurable goods. _ _ _ _ _ __ __ __ _ _Nondurable goodsServices
Gross private domestic investmentNew construction _ _ _ __ __
Residential nonfarmOther
Producers' durable equipment _Change in business inventories — total
Nonfarm only _ __ __ .
Net foreign investment
Government purchases of goods and servicesFederal
National security _ - - _National defenseOther national security .
OtherLess: Government sales _ _
State and local
I
338.4
213.425.6
114 273.5
49.923.310.512.823.82.71.6
2.9
72,249.545.243.02.24.7.4
22.7
II
340.1
216.526.8
115 074.7
46.023.710.912.724.3
— 1.9—2.9
.2
77.454.349.346.62.75.4.4
23.1
1952
III
345.2
218.325.2
116 976.2
49.223.711.312.421.83.72.9
—2.1
79.856. 749.947.12.87.0.3
23.1
IV
358.1
225.129.0
118 377.9
54.124.211.612.622.67.46.8
-1.6
80.556.550.848.91.96.0.3
24.0
Year
345.4
218.326.6
116 175 6
49.823.711.112.623.13.02.1
—.2
77.554.348.846.42.45.8.4
23.2
I
361.6
228.630.2
118 979 5
51.525.211.713.524.32.02.5
-2.1
83.659.051.849.62.27.6.5
24.6
II
367.4
231.430.6
119 881 0
53.526.232.214.024.23.14.0
-3.0
85.561.253.350.92.48.3.4
24.3
1953
III
366.3
232.030.5
118 982 6
51.825.812.113 824.91. 11.8
—1.4
83.859 151.349.32.08.2.4
24.7
IV
357.5
230.228.0
118 683 6
44.525.911 714 123.8
—5 2—4.9
—1.7
84.558 649.447.32.29.5.3
25.9
Year
363.2
230 529 8
119 181 7
50 325 811 913 824 3
3.9
—2 0
84 459 551 549 32 28 4.4
24 9
[Billions of dollars]Table 46.—Disposition of Personal
Line
1
234
5
6
7
Personal income
Less: Personal tax and nontax payments, _ _ . _. ._FederalState and local ._ _ _
Equals' Disposable personal income
Less* Personal consumption expenditures
Equals: Personal saving _
I
64.9
12.211.2
.9
52.7
50.5
2.2
II
66.7
7.36.4.8
59.5
53.9
5.6
1952
III
68.5
8.07.3.8
60.5
53.2
7.3
IV
71.6
6.96.2.7
64.7
60.7
4.0
Year
271.8
34.431.23.2
237.4
218.3
19.0
I
69.5
12.611.7
.9
56.9
54.3
2.6
II
71.4
7.36.31.0
64.1
57.5
6.6
1953
III
71.8
8.77.9.8
63.1
56.9
6.2
IV
73.4
7.26.5.8
66 1
61.8
4.3
Year
286 0
35 832 43 4
250 2
230 5
19 7
[Billions of dollars]Table 47.—Disposition of Personal Income, Seasonally
Line
1
234
5
6
7
Personal income
Less* Personal tax and nontax paymentsFederal _ _ _ _ _State and local -- -_
"Equals' T>i«?pnsa,hlp, parson al innornfi
Less: Personal consumption expenditures _ _ _
Equals' Personal saving
1
264.5
34.030.83.2
230.6
213.4
17.2
II
268.2
34.130.83.2
234.2
216.5
17.7
1952
III
274.8
34.531.33.3
240.3
218.3
21.9
IV
279.3
35.031.73.3
244.3
225.1
19.1
Year
271.8
34.431.23.2
237.4
218.3
19.0
I
283.4
35.532.13.4
247.9
228.6
19.3
II
286.9
35.932.53.4
251.0
231.4
19.6
1953
III
287.7
36.032.53.4
251.7
232.0
19.7
IV
286.8
35.832.33.5
251.0
230.2
20 8
Year
286 0
35 832 43 4
250 2
230 5
19 7
[Billions of dollars]Table 48.—Relation of Gross National Product, National
T,ine
1
2345
6
7
8g
10
11121314
15
Gross national product __
Less' Capital consumption allowancesIndirect business tax and nontax liabilityBusiness transfer payments __ __Statistical discrepancy --
Plus: Subsidies less current surplus of government enterprises
Equals: National income
Less' Corporate profits and inventory valuation adjustmentContributions for social insuranceE xcess of wage accruals over disbursements
Plus: Government transfer paymentsNet interest paid by governmentDividendsB usiness transfer payments --
Equals* Personal income
I
82.7
5.76.6.3.4
.0
69.6
8.62.5.0
2.91.02. 1.3
64.9
II
84.4
5.97.0.3.0
.0
71.3
9.12.2.0
2.91.42.1.3
66.7
1952
III
85.5
6.07.1.3
-1.4
-.1
73.3
9.32.1-.1
3.11.12.1.3
68.5
IV
92.8
6.27.4.3
2.9
-.1
75.9
9.91.9.0
3.11.42.7.3
71.6
Year
345.4
23.928.11.22.0
-.1
290.2
36.98.6.0
12.04.99.01.2
271.8
I
88.3
6.47.2.3
-.5
-.1
74.8
9.62.6.0
3.21.12.2.3
69.5
II
91.3
6.57.6.3.3
-.1
76.5
10.02.4.0
3.21.52 2.3
71.4
1953
III
90.7
6.77.7.3
-.1
—.1
76.0
9.02.1.0
3.21.12 2.3
71.8
IV
92.9
6.97 8.4
2.9
-.2
74.8
7.41.7.0
3.31 32 7.4
73.4
Year
363.2
26 530 21 42.6
-.4
302.1
36.08 7
— 1
12 95 09 31 4
286.0
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
July 1957 SURVEY OF CURRENT BUSINESS
Adjusted Quarterly Totals at Annual Rates, 1952-56[Billions of dollars]
29
1954
I
358.1
232.128.5
118.984.7
46.526.112.014.122.9
-2.5-2.7
-1.1
80.654.046.644.81.97.8.4
26.6
II
358.7
235.029.2
120.185.8
48.327.112.914.222.6-1.5-2.1
-.2
75.648.343.341.71.65.4.4
27.3
III
360.0
238.029.4
121.387.3
46.828.314.014.322.7
-4.1-4.8
-.7
75.947.742.140.21.96.0.4
28.2
IV
367.7
241.230.4
122.088.7
51.929.715.114.521.7
.5-.1
.3
74.445.740.238.12.15.8.3
28.7
Year
361.2
236.629.4
120.686.6
48.427.813.514.322.5-1.9-2.4
-.4
76.648.943.141.21.96.2.4
27.7
1955
I
379.0
247.434.7
122.490.2
55.631.616.315.321.32.72.2
-.4
76.546.941.839.22.65.5.4
29.5
II
387.7
252.135.3
124.892.0
59.732.716.815.922.44.64.2
-.7
76.646.541.339.02.35.6.4
30.1
III
397.0
258.337.2
127.493.7
61.432.916.716.225.23.33.1
.1
77.246.741.339.41.85.8.4
30.5
IV
402.8
259.935.4
129.295.3
65.433.216.416.825.96.36.3
-.7
78.247.140.738.72.06.8.4
31.1
Year
391.7
254.435.6
126.092.8
60.632.716.616.123.74.24.0
-.4
77.146.841.339 1i. 25.9.4
30.3
1956
I
405.2
262.834.6
130.997.2
64.432.915.717.326.35.25.4
-.2
78.246.241.139.12.05.5.4
32.0
II
410.8
265.033.3
132.799.0
65.333.615.518.127.24.65.0
1.2
79.346.441.639.52.15.2.4
32.9
III
416.7
268.633.0
134.4101.1
65.533.215.118.129.03.33.9
2.0
80.647.342.740.91.94.9.4
33.3
IV
406.0
272.334.8
135.3102.2
68.533 415.118.429.95.15.7
2,4
82.849.044.242.02.25.1.4
33.9
Year
414.7
267.233.9
133.399.9
65.933.315.318.028.14.65.0
1.4
80.247.242.440.42.05.2.4
33.0
Line
1
2345
6789
101112
13
1415161718192021
Income, Quarterly, 1952—56[Billions of dollars]
1954
I
69.9
11.910.91.0
58.0
55.1
2.9
II
71.0
6.25.21.0
64.8
58.7
6.1
III
72.1
7.97.0.9
64.2
58.0
6.2
IV
74.4
6.96.1.9
67.5
64.7
2.8
Year
287.4
33.029.23.8
254.5
236.6
17.9
1955
I
72.4
9.88.71.1
62.6
58.9
3.7
II
75.5
9.38.11.2
66.2
63.1
3.1
III
77.6
8.97.91.0
68.7
63.0
5.8
IV
80.5
7.86.81.0
72.7
69.5
3.2
Year
305.9
35.831.54.2
270.2
254.4
15.8
1956
I
78.1
10.59.31.2
67.6
62.8
4.8
II
80.8
10.79.41.3
70.1
65.9
4.2
III
82.6
9.98.91.0
72.7
65.6
7.1
IV
85.4
8.57.51.0
76.9
72.9
3.9
Year
326.9
39.735.14.6
287.2
267.2
20.0
Line
1
234
5
6
7
Adjusted Quarterly Totals at Annual Rates, 1952—56[Billions of dollars]
1954
I
285.0
32.729.13.7
252.3
232.1
20.2
II
285.1
32.829.03.8
252.3
235.0
17.2
III
287.5
32.929.13.8
254.6
238.0
16.6
IV
291.7
33.329.43.9
258.4
241.2
17.3
Year
287.4
33.029.23.8
254.5
236.6
17.9
1955
I
294.8
34.730.64.1
260.1
247.4
12.7
II
303.3
35.531.34.2
267.8
252.1
15.7
III
309.4
36.231.94.3
273.2
258.3
14.9
IV
315.2
36.632.34.3
278.6
259.9
18.7
Year
305.9
35.831.54.2
270.2
254.4
15.8
1956
I
318.5
38.934.44.5
279.6
262.8
16.8
II
325.3
39.535.04.5
. 285. 8
265.0
20.8
III
328.7
39.835.24.6
288.8
268.6
20.3
IV
334.5
40.535.84.7
294.0
272.3
21.7
Year
326.9
39.735.14.6
287.2
267.2
20.0
Line
1
234
5
6
7
Income, and Personal Income, Quarterly, 1952-56[Billions of dollars]
1954
I
87.2
7.07.3.3
-.6
-.1
73.1
7.92.8.0
3.61.12.4.3
69.9
II
88.9
7.17.5.3
-.5
.0
74.5
8.72.6.0
3.81.52.2.3
71.0
III
89.4
7.37.5.3
-.6
.0
74.9
8.02.3.0
3.71.32.3.3
72.1
IV
95.6
7.57.8.3
3.4
-.1
76.6
8.52.0.0
3.91.23.0.3
74.4
Year
361.2
28.930.11.31.7
-.2
299.0
33.19.7.0
15.05.29.91.3
287.4
1955
I
92.4
7.67.6.3.2
.0
76.7
9.43.0.0
4.11.12.5.3
72.4
II
96.7
7.88.2.3
-.3
.2
80.8
10.63.0.1
4.11.52.4.3
75.5
III
98.4
8.08.4.3
-.5
.0
82.2
10.12.7-.1
3.91.32.6.3
77.6
IV
104.2
8.28.7.3
2.7
.0
84.4
10.62.3.0
4.01.23.6.3
80.5
Year
391.7
31.632.91.32.1
.2
324.1
40.711.0
.0
16.15.2
11.01.3
305.9
1956
I
98.9
8.38.3.3
-.6
.2
82.8
10.03.5.0
4.31.22.9.3
78.1
II
102.2
8.58.7.3
-.4
.2
85.4
10.33.4.0
4.31.72.8.3
80.8
III
103.4
8.68.8.3
-.7
.2
86.6
9.82.9.0
4.21.42.8.3
82.6
IV
110.2
8.99.2.3
3.4
.4
88.9
10.42.5.0
4.31.33.5.3
85.4
Year
414.7
34.335.01.31.6
1.1
343.6
40.412.4
.0
17.25.7
11.91.3
326.9
Line
1
2345
6
7
89
10
11121314
15
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
30 SURVEY OF CUERENT BUSINESS July 1957
Table 49.—Relation of Gross National Product, National Income, and Personal
[Billions of dollars]
Line
1
2345
6
7
89
10
11121314
15
Gross national product
Less: Capital consumption allowancesIndirect business tax and nontax liability.Business transfer paymentsStatistical discrepancy .__
Plus: Subsidies less current surplus of government enterprises
Equals: National Income
Less: Corporate profits and inventory valuation adjustmentContributions for social insurance. _ . _ _Excess of wage accruals over disbursements
Plus: Government transfer payments _ _ _Net interest pnid by gnvf-rnrnfintDividends _ _ _ _ _ . .Business transfer payments
Equals: Personal income
I
338.4
23 127.01.12.7
.0
284.6
37.88.6.1
11. fi4.99.01.1
264.5
II
340 1
23 728.01.21.8
.2
285.6
35.68.5.0
11.74.99.01.2
268.2
1952
III
345.2
24 128.21.2.6
-.3
290.8
35.18.6-.3
12.34.99.01.2
274.8
IV
358 1
24 729.21 23.1
-.4
299.6
39 18.8.0
12.54.99.01.2
279.3
Year
345 4
23 928.11 22.0
i
290.2
36.98.6.0
12.04 99.01.2
271.8
I
361 6
25 629.81 31.7
-.2
303 0
39 18.8
o12.74 99.21 3
283. 4
II
367 4
26 230.21 43.6
q
305 8
38 78.9
— . 1
12.75 09.51 4
286.9
1953
III
366 3
26 830.41 43.2
-.4
304 1
36 68.7
— 1
12.85 09.51 4
287.7
IV
357 5
27 430.41 41.9
July 195T SURVEY OF CURRENT BUSINESS 31Income, Seasonally Adjusted Quarterly Totals at Annual Rates, 1952-56
[Billions of dollars]
1954
I
358.1
28.030.01.31.7
-.5
296.5
32.09.6.0
14.15.29.61.3
285.0
II
358.7
28.630.11.32.0
.2
297.0
33.29.6.0
14.95.29.71.3
285.1
III
360.0
29.229.81.21.4
-.2
298.2
32.49.7.0
15.25.29.81.2
287.5
IV
367.7
29.830.51.21.7
-.4
304.0
35.09.9.0
15.95.2
10.11.2
291.7
Year
361.2
28.930.11.31.7
-.2
299.0
33.19.7.0
15.05.29.91.3
287.4
1955
I
379.0
30.631.51.34.4
.1
311.4
38.210.6
.1
15.75.2
10.21.3
294.8
II
387.7
31.432.81.31.4
.7
321.5
39.910.8
.5
16.15.1
10.41.3
303.3
III
397.0
32.033.21.32.3
.0
328.3
41.611.3-.6
16.15.2
10.81.3
309.4
IV
402.8
32.634.01.3.1
.1
334.9
43.211.4
.0
16.25.3
12.01.3
315.2
Year
391.7
31.632.91.32.1
.2
324.1
40.711.0
.0
16.15.2
11.01.3
305.9
1956
I
405.2
33.334.11.31.5
.8
335.8
40.512.0
.0
16.65.5
11.71.3
318.5
II
410.8
33.934.71.31.3
1.0
340.6
39.112.2
.0
17.15.7
12.01.3
325.3
III
416.7
34.635.11.32,3
1.1
344.5
39.812.5
.0
17.45.8
12.11.3
328.7
IV
426.0
35.336.11.31.6
1.6
353.3
42.412.8
.0
17.75.9
11.51.3
334.5
Year
414.7
34.335.01.31.6
1.1
343.6
40.412.4
.0
17.25.7
11.91.3
326.9
Line
1
2345
6
7
89
10
11121314
15
by Major Type, Quarterly, 1952-56
[Billions of dollars]
1954
I
55.1
6.42.92.8.7
27.43.9
17.11.5
4.9
21.33.47.21.7
9.0
II
58.7
7.53.63.1.9
29.65.0
18.01.8
4.7
21.63.17.31.9
9.4
III
58.0
6.92.93.1.8
29.54.2
18.71.9
4.7
21.62.97.41.9
9.4
IV
64.7
8.63.23.91.6
34.16.6
19.31.7
6.5
22.13.37.51.8
9.4
Year
236.6
29.412.612.93 9
120.619.773.16.9
20.8
86.612.629.57.3
37.2
1955
I
58.9
7.94.13.1.7
28.24.0
17.41.6
5.1
22.83.77.61.7
9.7
II
63.1
9.24.83.41.0
30.75.1
18.72.0
4.9
23,23.47.71.9
10.1
III
63.0
8.84.43.5.9
31.04.5
19.72.0
4.9
23.13.37.81.9
10.1
IV
69.5
9.83.84.31.7
36.07.0
20.11.9
7.0
23.73.77.91.9
10.2
Year
254.4
35.617.214.24.2
126.020.676.07.5
21.8
92.814.131.17.5
40.1
1956
I
62.8
7.83.73.2.8
30.44.5
18.71.8
5.4
24.64.28.01.8
10.6
I
65.9
8.53.93. 61.0
32.45.2
19.92.1
5.2
25.03.88.12.0
11.0
I
65.6
7.93.43.6.9
32.84.8
20.82.1
5.1
24.93.68.32.0
11.1
IV
72.9
9.83.64.41.8
37.87.4
21.32.0
7.1
25.43.98.41.9
11.1
Year
267.2
33.914.614.84.5
133.321.880.78.0
22.8
99.915.532.87.7
43.8
Line
1
2345
678
f 91 10
11I 12
131416
f 161 17i 18
19
Seasonally Adjusted Quarterly Totals at Annual Rates, 1952-56
[Billions of dollars]
I
232.1
28.511.912.83.7
118.919.572.16.9
20.4
84.712,428.936.17.3
II
235.0
29.212.412.84.0
120.119.772.56.9
21.0
85.812.429.336.87.3
1954
III
238.0
29.412.512.94.0
121.319.573.76.9
21.1
87.312.729.737.67.3
IV
241.2
30.413.412.94,1
122.019.974.17.1
20.9
88.713.030.238.17.4
Year
236.6
29.412.612.93.9
120.619.773.16.9
20.8
86.612.629.537.27.3
I
247.4
34.716.813.94.1
122.419.973.77.3
21.5
90.213.530.538.77.4
II
252.1
35.316.914.14.2
124.820.675.37.5
21.5
92.013.830.939.87.4
1955
III
258.3
37.218.514.54.2
127.420.877.17.6
21.9
93.714.331.340.67.5
IV
259.9
35.416.514.44.4
129.221.377.87.7
22.4
95.314.831.741.27.6
Year
254.4
35.617.214.24.2
126.020.676.07.5
21.8
92.814.131.140.17.5
I
262.8
34.615.414.74.5
130.921.079.27.9
22.8
97.215.232.142.27.7
II
265.0
33.313.815.04.5
132.721.780.18.0
22.9
99.015.532.643.27.7
1956
III
268.6
33.013.714.74.6
134.422.381.3ao
22.9
101.115.733.244.67.7
IV
272.3
34.815.314.94.6
135.322.282.18.3
22.7
102.215.833.545.17.8
Year
267.2
33.914.614.84.5
133.321.880.78.0
22.8
99.915.532.843.87.7
1
2345
6789
101112
13141516171819
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
BUSINESS STATISTICSJ_ HE STATISTICS here are a continuation of the data published in BUSINESS STATISTICS, the 1955 Statistical Supplement to the SURVEY OF
CURRENT BUSINESS. That volume (price $2.00) contains monthly data for the years 1951 through 1954 and monthly averages for earlier yearsback to 1929 insofar as available; it also provides a description of each series and references to sources of monthly figures prior to 1951. Seriesadded or significantly revised since publication of the 1955 Supplement are indicated by an asterisk (*) and a dagger (f) , respectively. Exceptas otherwise stated, the terms "unadjusted" and "adjusted" refer to adjustment for seasonal variation.
Statistics originating in Government agencies are not copyrighted and may be reprinted freely. Data from private sources are providedthrough the courtesy of the compilers, and are subject to their copyrights.
[Averages for the year 1955 are provided in the July 1956 issue of the SURVEY]
Unless otherwise stated, statistics through 1954 anddescriptive notes are shown in the 1955 edition ofBUSINESS STATISTICS
1956
May June July | August j 8eg£m- October Novem-berDecem-
ber
1957
Janu-ary
Febru-ary March April May June
GENERAL BUSINESS INDICATORS
NATIONAL INCOME AND PRODUCT
Seasonally adjusted quarterly totals at annual rates :fNational income total bil of dol
Compensation of employees total doWa^es and salaries total do
Private doMilitary doGovernment civilian do
Supplements to wages and salaries do
Proprietors' and rental income, totalcf doBusiness and professionalcf doFarm doRental income of persons do
Corporate profits and inventory valuation adjust-ment total bil of dol
Corporate profits before tax total doCorporate profits tax liability doCorporate profits after tax do
Inventory valuation adjustment doNet interest do
Gross national product total do
Personal consumption expenditures total doDurable goods doNondurable goods doServices do
Gross private domestic investment total doNew construction doProducers' durable equipment doChange in business inventories do
Net foreign investment doGovernment purchases of goods and services, total
bil of dolFederal (less Government sales)-. _ do
National security 9 doState and local do
Personal income, total doLess: Personal tax and nontax payments doEquals: Disposable personal income do
Personal saving§- _ do
PERSONAL INCOME, BY SOURCE
Seasonally adjusted, at annual rates :fTotal personal income.. bil. of dol_.
Wage and salary disbursements, total doCommodity-producing industries doDistributive industries doService industries _ doGovernment.. _ _ _ _ __ do
Other labor income doProprietors' and rental income doPersonal interest income and dividends doTransfer payments doLess personal contributions for social insurance
bil. of dol-
Total nonagricultural income— ...do
' 325. 2
' 225. 6'97.7' 59. 6r 30. 7'37.6
r 1 5r 50 0'29.4' 18 4
'5.7
' 309. 8
'340 6
'240 0' 226. 1' 188 4
'9.7' 27 9' 13.9
'49.7' 28 0'11.5' 10 3
'39.1r 42 4'21.6'20.7' —3.2
11 7r 410 8
' 265. 0'33 3
' 132 7r 99 0
' 65 333.6
' 27 2'4.6
1 2
' 79 3'46.4r 41 6'32 9
' 325. 3' 39.5' 285. 8
'20.8
' 326. 8
' 227. 3'98.1'60.3r 31 0' 37 9
' 7 5' 49 7'29.5r 18 5
'5.7
' 312. 0
-- "
' 325. 6
' 225. 7'96.3' 60.2'31 2'38 0
' 7 5'49 9'29.7' 18 5
'5.7
' 310. 7
' 329. 3
' 228. 8'98.6' 60.5'31 5'38 2
' 7 6r 50 1'29.9' 18 7
'5.8
' 314. 1
'344 5
'242 7' 228. 3' 190 1
'9.728 5
' 14.4
'50.0' 28.2'11.5r 10.4
'39.8'40 8
20.8'19. 9' —1.0
12 0
' 416. 7
' 268.633 0
' 134. 4' 101 1
'65 5T 33. 2'29 0'3.3
'2 0
'80 6'47.3'42 7'33 3
' 328. 7'39.8
'288.8
'20.3
' 331. 1
' 230. 4'99.6'60.9r 31 5'38 4
' 7 6'49 9'30.1r Ig g
'5.7
' 316. 1
' 334. 1
' 231. 8' 100. 8' 60.8' 31 8' 38 4
' 7 7' 51 3'30.2' 18 9
'5.8
' 317. 7
' 334. 9
' 233 1'101.2' 61.4' 31 9'38 6
' 7 7' 50 7'30.4r 18 9
'5.9
' 319. 3
'353 3
' 247. 9'233.3' 194. 7
'9.7' 28.9'14.6
'50.7' 28.3'12.0' 10.4
' 42.4'45 6' 23.3'22.3' -3.2'12.3
' 426. 0
' 272. 334 8
' 135. 3' 102 2
68 5'33.4'29 9'5.1
2 4
'82 8'49.0
T 44 2'33 9
' 334. 5'40.5
' 294. 0
'21.7
' 334. 8
' 235. 3' 102. 7'61.6'32 2' 38.8
' 7 7'50 2'28.5r 19 0
'5.9
' 319. 6
' 335. 9
'234.5'101.4'62.0' 32 2'38.9
r 7 7
' 50 2'30.7' 19 5
'6.7
' 320. 7
' 337. 9
' 235. 9' 102. 0
62.432 439.1
' 7 850 430.819 7
'6.7
' 322. 7
355.1
' 251. 1' 235. 9' 196. 8
'9.629.4
'15.3
'50.3'28.4'11.5' 10.4
41.243.922.421.5
' -2.7'12.5
' 429. 1
' 276. 735 9
' 137. 3' 103 4
'62 7'32.8'30 7' -.8
'4 1
' 85 6'50.3'45 5'35 3
' 337. 7' 42.2
' 295. 5
'18.9
' 339. 5
' 237. 2' 102. 3'63.0'32 6'39.3
' 7 8' 50 4'30.9' 20 0
'6.8
' 324. 5
' 340. 6
' 237. 1' 102. 4'62.7' 32 9' 39. 1
' 7 8' 50 6'31.0'20 8
'6.7
' 325. 3
' 342. 9
' 238. 3' 102. 4'63.4'33.0'39.5
' 7 8' 50 8'31.2' 21 6
'6.8
' 327. 5
343.8
239.2102.863.633. 139.7
7 950 831.221 5
6.8
328.3
'Revised.tRevised series. Estimates of national income and product and personal income have been further revised back to 1954 (all revisions—beginning with 1952—appear on pp. 5 ff. of this issue
of the SURVEY); for data prior to 1952, see the 1954 NATIONAL INCOME SUPPLEMENT or the 1955 edition of BUSINESS STATISTICS.d* Includes inventory valuation adjustment. 9 Government sales are not deducted.§Personal saving is excess of disposable income over personal consumption expenditures shown as a component of gross national product above.
430397°—57-S-l
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis