NATIONAL INCOME AND PRODUCT
ACCOUNTS OF THE UNITED STATES I K
Volume 1, 1929-58
February 1993
U.S. DEPARTMENT OF COMMERCE
Ronald H. Brown, Secretary
ECONOMICS AND STATISTICS ADMINISTRATION
BUREAU OF ECONOMIC ANALYSIS
. Carol S. Carson, Director
J. Steven Landefeld, Deputy Director
For sale by the Superintendent df Documents, U.S. Governmert Printing Office, Washington, DC 20402
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Suggested Citation
U.S. Department of Commerce. Bureau of Economic Analysis. National Income
and Product Accounts of the United States: Volume /, J929-58. Washington, DC:
U.S. Government Printing Office* February 1993.
Acknowledgments
Gerald F. Donahoe, Chief of the National Income and
Wealth Division, supervised the preparation of this comprehensive revision of the national income and product accounts
of the United States. Richard C. Ziemer, Chief of the Government Division, and Joseph C. Wakefield, former Chief,
directed major parts of the revision. Robert P. Parker, Associate Director for National Economic Accounts, provided
overall supervision. Norman E. Bakka developed the major
computer systems used in the revision. Shelby W. Herman and Christian Ehemann assisted in the review of the
estimates. Eugene P. Seskin updated the text for this volume. M. Gretchen Gibson, under the guidance of Leland L.
Scott, Chief of the Publication Services Branch, coordinated
the preparation of the publication for printing; Eric B. Manning typeset the text and the tables, and Wm. Ronnie Foster
designed the cover.
Other staff who made significant contributions to the
revision are listed below.
Personal consumption expenditures—Clinton P. McCully,
M. Greg Key, Everette P. Johnson, William T. Bannister,
Myung G. Han, Moses J. Branch, Ellen B. Arroyo.
Investment—David W. Cartwright, Gregory Y. Won,
David B. Wasshausen.
Structures—Brooks B. Robinson. Producers' durable equipment—Jeffrey W. Crawford.
Inventories—Stephen P. Baldwin, Jean M. Stiller, Felicia V.
Candela, Michael D. Glenn.
Net exports—Corinne E. Krincek, Leo M. Bernstein,
Phyllistine M . Barnes.
Federal Government receipts and expenditures—David T.
Dobbs. Receipts and expenditures—Hermione A. Anglin,
Gary W. Davis, Ann M. Groszkiewicz, Benyam Tsehaye,
Michael W. Webb.
Federal Government purchases—Karl D, Galbraith, Peter
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G. Beall, James E. Boucher, Florence H. Campi, Chon A.
Ficklin, Doris N. Johnson, Pamela A. Kelly, Raymen G.
Labella, Robert T. Mangan, Tamara M. Mast, Michael D.
McConathy, Keith E. McKenzie, Matthew P. McNeil, Claire
G. Pitzer, Abner Sachs.
State and local government transactions—David F. Sullivan, Steven J. Andrews, Richard D. Melchionno, Donald L.
Peters.
Measures of price change—Shelby W. Herman.
Income—Eugene P. Seskin.
Personal income—Arthur L. Sensenig.
Wages and
salaries—Pauline M. Cypert, Toui C. Pomsouvan. Other
labor income—James E. Rankin. Other contributors to the
personal income estimates include Thae S. Park and Mary V.
Pitts.
Business income—Kenneth A. Petrick.
Corporate
profits—Kenneth A. Petrick, Craig A. Hargenrader, Dorothy
G. Collins, Jerry L. Stone.
Nonfarm proprietors7
income—Willie J. Abney.
Farm output and income—George M. Smith.
Interest income—Teresa L. Weadock.
Rental income of persons—George M. Smith, Denise A.
McBride.
Consumption of fixed capital—John C. Musgrave, Heather
L. Quick.
Measures of output-Christian Ehemann, Mary W. Hook,
Jennifer M. Wu.
Computer services—Norman E. Bakka, Mary Carol
Barron, Phyllistine M. Barnes.
Table preparation and review—Virginia H. Mannering,
Norman E. Bakka, Jeanette M . Honsa, Phyllistine M. Barnes.
Secretarial—Eunice V. Blue, Gail P. Jones, Mary B.
Perkins, Lynda A. Swanson, Dorothy A. Wilson.
til
Contents
Acknowledgments
iii
M-l
Introduction
Presentation of the NIPA's
Organization of the NIPA tables
Publication of the NIPA tables
Statistical conventions used for NIPA estimates
M-l
M-l
M-2
M-2
Definitions and Classifications Underlying the National Income and Product Accounts
National income and product accounts entries
Major aggregates
National income and product account
Personal income and outlay account
Government receipts and expenditures account
Foreign transactions account
Gross saving and investment account
Other definitions
Real output and related measures
Real output
Price indexes
Implicit price deflators
Command-basis GNP and terms of trade
Classifications of production
Type of product
Sector
Legal form of organization
Industry
•••
Table A.—Summary National Income and Product Accounts, 1958
M-5
M-5
M-5
M-6
M-8
M-9
M-9
M-9
M-9
M-10
M-10
M-10
M-11
M-l1
M-l1
M-l1
M-11
M-l2
M 12
~
M-14
1
National Income and Product Accounts Tables
217
Index to the NIPA Tables
List of Tables
A Annual estimates
AQ Annual and quarterly estimates
Q Quarterly estimates
A M Annual and monthly estimates
1. National Product and Income
1.1
1.2
1.3
1.4
Gross
Gross
Gross
Gross
Domestic
Domestic
Domestic
Domestic
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Product
Product
Product
Product
*
(A, 1929-58; Q, 1946-58)
in Constant Dollars (A, 1929-58; Q, 1947-58)
by Major Type of Product (A/1929-58; Q, 1947-58)
by Major Type of Product in Constant Dollars (A, 1929-58; Q, 1947-58)
1
3
5
6
1.6
1.7
1.8
1.9
1.10
1.11
1.12
1.13
1.14
1.15
1.16
(A, 1929-58; Q, 1946-58)
: ' " *' V
Relation of Gross Domestic Product, Gross Domestic Purchases, and Final Sales to Domestic Purchasers
in Constant Dollars (A, 1929-58; Q, 1947-58)
Gross Domestic Product by Sector (A, 1929-58; Q, 1946-58)
Gross Domestic Product by Sector in Constant Dollars (A, 1929-58; Q, 1947-58)
Relation of Gross Domestic Product, Gross National Product, Net National Product, National Income,
and Personal Income (A, 1929-58; Q, 1946-58)
Relation of Gross Domestic Product, Gross National Product, Net National Product, and National Income
in Constant Dollars (A, 1929-58; Q, 1947-58)
Command-Basis Gross National Product in Constant Dollars (A, 1929-58; Q, 1947-58)
Net Domestic Product and Domestic Income by Sector (A, 1929-58)
Net Domestic Product and Domestic Income by Sector in Constant Dollars (A, 1929-58)
National Income by Type of Income (A, 1929-58; Q, 1946-58)
National Income by Sector, Legal Form of Organization, and Type of Income (A, 1929-58)
Gross Domestic Product of Corporate Business in Current Dollars and Gross Domestic Product of
Nonfinancial Corporate Business in Current and Constant Dollars (A, 1929-58; Q, 1946-58)
2• Personal Income and Outlays
2.1
2.2
2.3
2.4
2.5
2.6
2.7
2.8
2.9
2.10
2.11
Personal Income and Its Disposition (A, 1929-58; Q, 1946-58)
Personal Consumption Expenditures by Major Type of Product (AQ, 1946-58)
Personal Consumption Expenditures by Major Type of Product in Constant Dollars (AQ, 1947-58)
Personal Consumption Expenditures by Type of Expenditure (A, 1929-58)
Personal Consumption Expenditures by Type of Expenditure in Constant Dollars (A, 1929-58)
Personal Consumption Expenditures by Type of Product (A, 1929-58)
Personal Consumption Expenditures by Type of Product in Constant Dollars (A, 1929-58)
Personal Income by Type of Income (AM)
Personal Income and Its Disposition (AM)
Personal Consumption Expenditures by Major Type of Product (AM)
Personal Consumption Expenditures by Major Type of Product in Constant Dollars (AM)
3. Government Receipts and Expenditures
3.1
3.2
3.3
3.4
3.5
3.6
3.7A
3.8A
3.9A
3.10
3.11
3.12
3.13
3.14
3.15
3.16
3.17
3.18A
3.19
3.20
Government Receipts and Expenditures (A, 1929-58)
Federal Government Receipts and Expenditures (A, 1929-58; Q, 1946-58)
State and Local Government Receipts and Expenditures (A, 1929-58; Q, 1946-58)
Personal Tax and Nontax Receipts (A, 1929-58)
Indirect Business Tax and Nontax Accruals (A, 1929-58)
Contributions for Social Insurance (A, 1929-58)
Government Purchases by Type (A, 1929-58; Q, 1947-58)
Government Purchases by Type in Constant Dollars (A, 1929-58; Q, 1947-58)
Government Purchases Gross and Net of Sales by Type (A, 1929-58)
National Defense Purchases (AQ)
National Defense Purchases in Constant Dollars (AQ)
Government Transfer Payments to Persons (A, 1929-58)
Subsidies Less Current Surplus of Government Enterprises (A)
Social Insurance Funds Receipts and Expenditures (A, 1929-58)
Government Expenditures by Function (A, 1952-58)
Federal Government Expenditures by Type and Function (A, 1952-58)
State and Local Government Expenditures by Type and Function (A, 1952-58)
Relation of Federal Government Receipts and Expenditures in the National Income and Product Accounts
to the Consolidated Cash Statement, Fiscal Years (A, 1952-58)
Relation of State and Local Government Receipts and Expenditures in the National Income and Product
Accounts to Bureau of the Census Government Finances Data, Fiscal Years (A)
Relation of Commodity Credit Corporation Expenditures in the National Income and Product Accounts
to Commodity Credit Corporation Outlays in the Unified Budget (A)
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4.1
4.2
4.3
4.4
4.5
Foreign Transactions in the National Income and Product Accounts (A, 1929-58; Q, 1946-58)
Exports and Imports of Goods and Services and Receipts and Payments of Factor Income
in Constant Dollars (A, 1929-58; Q, 1947-58)
Exports and Imports of Merchandise by End-Use Category (AQ)
Exports and Imports of Merchandise by End-Use Category in Constant Dollars (AQ)
Relation of Foreign Transactions in the National Income and Product Accounts to the
Corresponding Items in the Balance of Payments Accounts (A, 1946-58)
5• Saving and Investment
5.1
5.2
5.3
5.4
5.5
5.6
5.7
5.8
5.9
5.10
5.11
5.12
5.13
Gross Saving and Investment (A, 1929-58; Q, 1946-58)
Gross Private Domestic Investment, Consumption of Fixed Capital, and Net Private Domestic Investment
by Major Type of Investment (A, 1929-58)
Gross Private Domestic Investment, Consumption of Fixed Capital, and Net Private Domestic Investment
by Major Type of Investment in Constant Dollars (A, 1929-58)
Fixed Investment by Type (AQ, 1946-58)
Fixed Investment by Type in Constant Dollars (AQ, 1947-58)
Purchases of Structures by Type (A, 1929-58)
Purchases of Structures by Type in Constant Dollars (A, 1929-58)
Private Purchases of Producers' Durable Equipment by Type (A, 1929-58)
Private Purchases of Producers' Durable Equipment by Type in Constant Dollars (A, 1929-58)
Change in Business Inventories by Industry (A, 1929-58; Q, 1946-58)
Change in Business Inventories by Industry in Constant Dollars (A, 1929-58; Q, 1947-58)
Inventories and Final Sales of Domestic Business by Industry (Q, 1946-58)
Inventories and Final Sales of Domestic Business by Industry in Constant Dollars (Q, 1947-58)
6. Income, Employment, and Product by Industry
6.1 A
6.IB
6.2A
6.2B
6.3A
6.3B
6.4A
6.4B
6.5A
6.5B
6.6A
6.6B
6.7A
6.7B
6.8A
6.8B
6.9B
6.10B
6.1 IB
6.12A
6.12B
6.13A
6.13B
6.14A
6.14B
6.15A
6.15B
6.16A
National Income Without Capital Consumption Adjustment by Industry (A, 1929-45)
National Income Without Capital Consumption Adjustment by Industty (A, 1946-58; Q, 1948-58)
Compensation of Employees by Industry (A, 1929-48)
Compensation of Employees by Industry (A, 1948-58)
Wages and Salaries by Industry (A, 1929-48)
Wages and Salaries by Industry (A, 1948-58)
Full-Time and Part-Time Employees by Industry (A, 1929-48)
Full-Time and Part-Time Employees by Industry (A, 1948-58)
Full-Time Equivalent Employees by Industry (A, 1929^8)
Full-Time Equivalent Employees by Industry (A, 1948-58)
Wages and Salaries Per Full-Time Equivalent Employee by Industry (A, 1929-48)
Wages and Salaries Per Full-Time Equivalent Employee by Industry (A, 1948-58)
Self-Employed Persons by Industry (A, 1929-48)
Self-Employed Persons by Industry (A, 1948-58)
Persons Engaged in Production by Industry (A, 1929-48)
Persons Engaged in Production by Industry (A, 1948-58)
Hours Worked by Full-Time and Part-Time Employees by Industry (A, 1948-58)
Employer Contributions for Social Insurance by Industry (A, 1948-58)
Other Labor Income by Industiy and by Type (A, 1948-58)
Nonfarm Proprietors' Income by Industry (A, 1929-48)
Nonfarm Proprietors' Income by Industry (A, 1948-58)
Noncorporate Capital Consumption Allowances by Industry (A, 1929-47)
Noncorporate Capital Consumption Allowances by Industry (A, 1948-58)
Inventory Valuation Adjustment to Nonfarm Incomes by Legal Form of Organization and Industry
(A, 1929—47)
Inventory Valuation Adjustment to Nonfarm Incomes by Legal Form of Organization and Industry
(A, 1948-58)
Net Interest by Industry (A, 1929-47)
Net Interest by Industry (A, 1948-58)
Corporate Profits by Industry (A, 1929-47)
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82
(*)
(*)
83
84
84
86
87
88
89
91
93
95
96
97
99
10 j
102
104
104
104
106
108
109
1M
112
114
115
117
118
120
121
121
122
124
125
125
126
126
127
128
129
129
.130
131
131
132
6.17B
6.18A
6.18B
6.19A
6.19B
6.20A
6.20B
6.21 A
6.2IB
6.22A
6.22B
Corporate Profits Before Tax by Industry (A, 1948-58)
Federal, State, and Local Corporate Profits Tax Liability by Industry (A, 1929^7)
Federal, State, and Local Corporate Profits Tax Liability by Industry (A, 1948-58)
Corporate Profits After Tax by Industry (A, 1929-47)
Corporate Profits After Tax by Industry (A, 1948-58)
Net Corporate Dividend Payments by Industry (A, 1929-47)
Net Corporate Dividend Payments by Industry (A, 1948-58)
Undistributed Corporate Profits by Industry (A, 1929-47)
Undistributed Corporate Profits by Industry (A, 1948-58)
Corporate Capital Consumption Allowances by Industry (A, 1929-47)
Corporate Capital Consumption Allowances by Industry (A, 1948-58)
7. Quantity and Price Indexes
7.1
7.2
7.3
7.4
7.5
7.6
7.7
7.8
7.9
7.10
7.11
7.12
7.13
7.14
7.15
8.3
8.4
8.5
8.6
8.7
8.8
8.9
8.10
8.11
8.12
8.13
8.14
8.15
8.16
8.17
8.18
J 44
146
147
*48
Fixed-Weighted and Alternative Quantity and Price Indexes for Gross Domestic Product (A, 1929-58;
148
Q, 1947-58)
Fixed-Weighted and Alternative Quantity and Price Indexes for Gross Domestic Product, Final Sales,
158
and Purchases (A, 1929-58; Q, 1947-58)
Fixed-Weighted and Alternative Quantity and Price Indexes for Gross National Product
and Command-Basis Gross National Product (A, 1929-58; Q, 1947-58)
161
Price Indexes for Personal Consumption Expenditures by Major Type of Product, Fixed 1987 Weights
163
(A, 1929-58; Q, 1947-58)
Price Indexes for Personal Consumption Expenditures by Type of Product, Fixed 1987 Weights (A, 1929-58) 165
Price Indexes for Fixed Investment by Type, Fixed 1987 Weights (AQ)
(*)
Price Indexes for Purchases of Structures by Type, Fixed 1987 Weights (A)
(*)
Price Indexes for Private Purchases of Producers' Durable Equipment by Type, Fixed 1987 Weights (A)
(*)
Price Indexes for Exports and Imports of Goods and Services and for Receipts and Payments of
Factor Income, Fixed 1987 Weights (A, 1929-58; Q, 1947-58)
I69
Price Indexes for Exports and Imports of Merchandise by End-Use Category, Fixed 1987 Weights (AQ) . . . . . . (*)
(*)
Price Indexes for Government Purchases by Type, Fixed 1987 Weights (AQ)
Price Indexes for National Defense Purchases, Fixed 1987 Weights (AQ)
(*)
Implicit Price Deflators for the Relation of Gross Domestic Product, Gross National Product, Net National
171
Product, and National Income (A, 1929-58; Q, 1947-58)
172
Implicit Price Deflators for Gross Domestic Product by Sector (A, 1929-58; Q, 1947-58)
Current-Dollar Cost and Profit Per Unit of Constant-Dollar Gross Domestic Product of Nonfinancial
Corporate Business (AQ, 1948-58)
173
8. Supplementary Tables
8.1
8.2
^
138
139
40
J41
42
Percent Change From Preceding Period in Selected Series (A, 1930-59; Q, 1947-59)
Selected Per Capita Product and Income Series in Current and Constant Dollars and
Population of the United States (A, 1929-58; Q, 1946-58)
Auto Output (AQ, 1947-58)
Auto Output in Constant Dollars (AQ, 1947-58)
Truck Output (AQ)
Truck Output in Constant Dollars (AQ)
Farm Sector Output, Gross Product, and National Income (A, 1929-58)
Farm Sector Output, Gross Product, and National Income in Constant Dollars (A, 1929-58)
....
Housing Sector Output, Gross Product, and National Income (A, 1929-58)
Housing Sector Output, Gross Product, and National Income in Constant Dollars (A, 1929-58)
Consumption of Fixed Capital by Legal Form of Organization (A, 1929-58)
Capital Consumption Adjustment by Legal Form of Organization and Type of Adjustment (A, 1929-58)
Business Transfer Payments by Type (A, 1929-58)
Supplements to Wages and Salaries by Type (A, 1948-58)
Rental Income of Persons by Type (A, 1946-58)
*
* [
Dividends Paid and Received by Sector (A, 1946-58)
. V.
Interest Paid and Received by Sector and Legal Form of Organization (A, 1946-58)
Imputations in the National Income and Product Accounts (A. 1929-58)
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175
175
I90
192
193
(*)
(*)
194
195
196
*97
198
l"
200
200
201
201
202
203
8.19
8.20
8.21
8.22
8.23
8.24
Relation of Consumption of Fixed Capital in the National Income and Product Accounts
to Depreciation and Amortization as Published by the Internal Revenue Service (A, 1929-58)
Relation of Nonfarm Proprietors' Income in the National Income and Product Accounts
to Corresponding Measures as Published by the Internal Revenue Service (A)
Relation of Net Farm Income in the National Income and Product Accounts to Net Farm Income
as Published by the U.S. Department of Agriculture (A)
Relation of Corporate Profits, Taxes, and Dividends in the National Income and Product Accounts
to Corresponding Measures as Published by the Internal Revenue Service (A, 1929-58)
Relation of Monetary Interest Paid and Received in the National Income and Product Accounts
to Corresponding Measures as Published by the Internal Revenue Service (A, 1946-58)
Comparison of Personal Income in the National Income and Product Accounts with
Adjusted Gross Income as Published by the Internal Revenue Service (A, 1947-58)
9. Seasonally Unadjusted Estimates
9.1
9.2
9.3
9.4
9.5
9.6
Gross Domestic Product (Q, 1946-58)
Personal Consumption Expenditures by Major Type of Product (Q, 1946-58)
Federal Government Receipts and Expenditures (Q, 1946-58)
State and Local Government Receipts and Expenditures (Q, 1946-58)
Foreign Transactions in the National Income and Product Accounts (Q, 1946-58)
Corporate Profits With Inventory Valuation Adjustment (Q, 1946-58)
* Estimates for this table are not available for 1929-58.
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207
(*)
(*)
208
210
210
211
211
212
213
214
215
216
Introduction
This is the first of two volumes that present the revised
national income and product accounts (NIPA) estimates
resulting from the most recent comprehensive, that is, benchmark, revision. This volume presents the set of NIPA tables
for 1929-58; summaiy information on the comprehensive revision was released in December 1991. Volume 2, which was
published in September 1992, presents the NIPA tables for
1959-88.
The 1991 comprehensive revision was the ninth of its kind
since the Commerce Department first published national income statistics in 1942. Comprehensive revisions, which
usually occur at about 5-year intervals, are so termed because of the scope of the changes incorporated and because of
the number of years subject to revision. These revisions involve three kinds of changes: Definitional and classificational
changes, which update the accounts to reflect the evolving
U.S. economy; statistical changes, which update the estimates to reflect shifts in the base period, to incorporate newly
available and revised source data, and to introduce new and
improved estimating procedures; and new and redesigned tables, which update the presentation of the NIPA's to reflect
the definitional, classificational, and statistical changes and to
make the tables more informative. (For specific information
about the 1991 comprehensive revision, see the SURVEY OF
CURRENT BUSINESS articles listed in the box on page M - 3 . )
This volume also presents definitions of the NIPA entries,
definitions of real output and related measures, and classifications of production found in the NIPA tables. These definitions and classifications reflect changes that were introduced
with the comprehensive revision in December 1991. Thus,
they supersede definitions provided in earlier publications.
Additional information on the conceptual framework of the
NIPA's and the methodologies used to prepare the estimates
is available in a series of methodology papers (MP's). MP-4
also contains an extensive annotated list of publications going
back to the mid-1970's. It should be noted, however, that
these publications do not reflect the definitional and classificational changes or the methodology changes introduced in
the most recent comprehensive revision. The list of the six
MP's that have been published is shown in the box on page
M-3.
Presentation of the NIPA's
Organization of the NIPA tables
The NIPA tables are grouped into nine categories:
2.
3.
4.
5.
6.
7.
8.
9.
Personal Income and Outlays
Government Receipts and Expenditures
Foreign Transactions
Saving and Investment
Income, Employment, and Product by Industry
Quantity and Price Indexes
Supplementary Tables
Seasonally Unadjusted Estimates
The "Supplementary Tables" category consists of tables
showing percentage changes in the major NIPA aggregates;
selected per capita series; auto, truck, farm sector, and
housing sector output; detail on several components of
gross national income—consumption of fixed capital, capital
consumption adjustment, business transfer payments, supplements to wages and salaries, rental income of persons,
dividends, and interest; imputations; and reconciliations of
several NIPA measures to the source data (for example, tax
return tabulations) from which they are derived or to which
they are closely related.
Tables are individually numbered both by category and
within categories. The first digit indicates the category, and
Cycle of the NIPA Estimates
Quarterly estimates of gross domestic product (GDP) are released on the following schedule: "Advance" estimates are
released near the end of the first month after the end of the
quarter; as more detailed and comprehensive data become
available, "preliminary" and "final" estimates are released near
the end of the second and third months, respectively. Quarterly
estimates of gross national product, national income, corporate
profits, and net interest lag the GDP estimates by 1 month:
The first estimates of these items are released with the preliminary GDP estimates, and the revised estimates are released
with the final GDP estimates. (The fourth-quarter estimates of
these items lag by an additional month.) Monthly estimates of
personal income and outlays are released near the end of the
month following the reference month; estimates for the 2 to 4
most recent months are revised at that time. Ordinarily, annual
revisions are carried out each July and cover the months and
quarters of the most recent calendar year and the 2 preceding
years. (For example, the July 1992 revision covers 1989, 1990,
and 1991.) These revisions are timed to incorporate newly
available major annual source data. Comprehensive revisions
are carried out at about 5-year intervals.
1. National Product and Income
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Federal Reserve Bank of St. Louis
M-l
subsequent digits indicate the table number within that category. A letter suffix is used to represent major discontinuities
in coverage, for example, the edition of the Standard Industrial Classification (SIC) underlying the estimates (see the
section "Industry" on page M-I2).
From time to time, changes in the coverage or in the quality
of the statistics result in discontinuities in NIPA time series.
For example, beginning with 1960, the estimates cover the
50 States and the District of Columbia; before 1960, Alaska
and Hawaii were partly omitted. While it is not possible
to identify all discontinuities, major discontinuities are indicated in the tables. In addition to the use of letter suffixes
to indicate major discontinuities in coverage, other types of
discontinuities are referenced in the footnotes.
The full set of NIPA tables, which consists of 132 tables
and about 5,100 line items, contains annual, quarterly, and
monthly estimates. (The box "Cycle of the NIPA Estimates"
describes the schedule of release for the estimates.) The complete list of NIPA tables is shown on pages v-ix. For each of
the tables included in this volume, the frequency of the estimates and the time period covered is given. The remaining
tables listed show the frequency of the estimates, but the asterisk (*) indicates that the estimates are not available for the
1929-58 period. Annual estimates are based on source data
that are typically not available quarterly or monthly. Quarterly estimates in current dollars begin with those for 1946,
and quarterly estimates in constant dollars begin with those
for 1947. Many of the tables with only annual estimates show
detailed breakdowns of components; for example, tables 5.6
and 5.7 show purchases of structures by type (in current and
constant dollars, respectively).
The index beginning on page 217 identifies the NIPA table (or tables) containing that line item. Commonly used
terms that differ from the NIPA wording are included, with a
reference to the appropriate NIPA item.
bles indicates whether the estimates are advance, preliminary,
or final.
Certain NIPA estimates also appear in other parts of the
SURVEY. The additional presentations described below show
estimates or analyses that do not fit neatly into the system or
publication schedule for the standard presentation.
"Reconciliation and Other Special Tables" regularly shows
tables that reconcile NIPA estimates to related series and
tables that present analytically useful extensions of NIPA
estimates.
At present, tables in this section show the
reconciliation of relevant NIPA series to those in the balance of payments accounts and the reconciliation of BEA
compensation to Bureau of Labor Statistics earnings.
"Constant-Dollar Inventories, Sales, and Inventory-Sales
Ratios for Manufacturing and Trade" (in March, June,
September, and December) shows quarterly and monthly estimates for the series indicated. Also shown are quarterly
fixed-weighted inventory-sales ratios (using sales as weights)
and quarterly and monthly inventories for manufacturing by
stage of fabrication. The current-dollar sales figures are from
the Census Bureau and are deflated by BEA; the inventory
estimates are from the NIPA's.
Statistical conventions used for
NIPA estimates
Most of the estimates are presented in billions of dollars. The
major exceptions are certain current-dollar annual estimates,
which are presented in millions of dollars, and estimates presented as index numbers. Current-dollar estimates are valued
in the prices of the period in which the transaction takes
Publication of the NIPA's
Alternative Media
The section "National Income and Product Accounts" in the
SURVEY OF CURRENT BUSINESS is the primary vehicle for the
publication of the NIPA's. Except for years in which comprehensive revisions are released, July SURVEY issues contain
a full set of NIPA tables for the annual revisions. In months
other than July, a set of "Selected NIPA Tables" presents
the quarterly estimates that are released each month (and the
corresponding annual estimates). The selected set comprises
53 tables from the first eight categories listed above. (Seasonally unadjusted estimates are compiled only once a year
and thus are not included in the selected set of tables.) For
users' convenience in tracking specific estimates, the numbering system established for the full set of tables is retained
in the selected set; as a result, gaps in table numbering occur
in the presentation of the selected tables.
The SURVEY issue for a particular month presents the estimates released during that month; for example, advance
first-quarter estimates are released during the month of April
and appear in the April SURVEY. A note preceding the NIPA taDigitized for FRASER
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Within minutes of their official release, BEA makes the NIPA
estimates available electronically through the Economic Bulletin Board maintained by the U.S. Department of Commerce's
Office of Business Analysis (OBA). in addition, BEA provides
annual and quarterly NIPA estimates to the National Trade
Data Bank (NTDB) and the National Economic, Social, and
Environmental Data Bank (NESE«DB). The NTDB and the
NESEtDB are produced by OBA on Compact Disc Read-Only
Memory. For information, call OBA at (202) 482-1986.
BEA also prepares recorded telephone messages summarizing key estimates immediately after their release: For gross
domestic product, call (202) 898-2451; for personal income
and outlays, call (202) 898-2452.
Many of the NIPA estimates are available on computer tape
and on diskettes. For a list of NIPA information products,
write the National Income and Wealth Division, BE-54. Bureau of Economic Analysis, U.S. Department of Commerce.
Washington. DC 20230. or call (202) 523-0669.
place. Constant-dollar estimates (see the section on real output and related measures, page M-10) are valued in the prices
of a period designated the base period (at present, 1987),
thus removing price change from any period-to-period movement in the series. The designation of 1987 as the base
period also means that levels in 1987 are set equal to 100
in calculating quantity and price indexes and implicit price
deflators.
For quarters and months, the estimates (except indexes)
are presented at annual rates. Annual rates show values for
a quarter or a month at their annual equivalent (that is, the
value that would be registered if the rate of activity measured for a month or a quarter were maintained for a full
year). Annual rates make it easier to compare values for
time periods of different lengths—for example, quarters and
years.
The percent changes shown in table 8.1 are also expressed
at annual rates and are calculated from the published quarterly
estimates, which are rounded to the nearest one-tenth of a
billion dollars. The annual rates for quarterly percent changes
are calculated with a variant of the compound interest rate
formula:
x 100
where r is the percent change at an annual rate and Q, and
<2f_ i are the quarterly estimates for a quarter and for the
preceding quarter, respectively.
Quarterly and monthly NIPA estimates are seasonally adjusted, if necessary. Seasonal adjustment removes from the
time series the average impact of variations that normally occur at about the same time and in about the same magnitude
each year—for example, weather, holidays, and tax payment
dates. In most cases, BEA uses source data that are seasonally
adjusted by the source agency; in others, the statistical procedures used by BEA—for example, the X - I I variant of the
Census Method I I seasonal adjustment program—are based
on historical experience. After seasonal adjustment, cyclical
and other short-term changes in the economy stand out more
clearly.
Additional Information About the NIPA's
NIPA methodology
No. 1: An Introduction to National Economic Accounting.
(1985). 19 pp. $12.50 (NTIS Accession No. PB 85-247567).
No. 2: Corporate Profits: Profits Before Tax, Profits Tax Liability, and Dividends. (1985). 67 pp. $19.00 (NTIS Accession
No. PB 85-245397).
No. 3: Foreign Transactions. (1987). 52 pp. $19.00 (NTIS
Accession No. PB 88-100649).
No. 4: GNP: An Overview of Source Data and Estimating
Methods. (1987). 36 pp. $17.00 (NTIS Accession No. PB 88134838). The source data and estimating methods are updated in
the J u l y 1 9 9 2 SURVEY OF CURRENT BUSINESS ( s e e b e l o w ) .
No. 5: Government Transactions. (1988). 120 pp. $26.00
(NTIS Accession No. PB 90-118480).
No. 6: Personal Consumption Expenditures. (1990). 92 pp.
$4.50 (GPO Stock No. 003-010-00200-0).
NIPA Methodology Papers 1 through 5 (photocopies) are available from the National Technical Information Service (NTIS); to
order, write to U.S. Department of Commerce, National Technical Information Service, 5285 Port Royal Road, Springfield, VA
22161 or call (703) 487-4650. NIPA Methodology Paper 6 is
available from the U.S. Government Printing Office (GPO); to
order, write to New Orders, Superintendent of Documents, P.O.
Box 371954, Pittsburgh, PA 15250-7954 or call (202) 783-3238.
Reliability of the NIPA's
• The Use of National Income and Product A ccounts for Public Policy: Our Successes and Failures (BEA Staff Paper
Digitized for FRASER
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Federal Reserve Bank of St. Louis
No. 43). (1985). 32 pp. $17.00 (NTIS Accession No.
PB 86-191541).
• "Evaluation of the GNP Estimates," August 1987 SURVEY
OF CURRENT BUSINESS.
Recent revisions of the NIPA's
The following is a list of articles in the SURVEY OF CURRENT
BUSINESS that cover the 1991 comprehensive revision and the
1992 annual revision.
• "Gross Domestic Product
Production," August 1991.
as a Measure
of
U.S.
• "A Preview of the Comprehensive Revision of the National Income and Product Accounts: Definitional and
Classificational Changes," September 1991.
• "A Preview of the Comprehensive Revision of the
National Income and Product Accounts: New and
Redesigned Tables," October 1991.
• "The Comprehensive Revision of the U.S. National
Income and Product Accounts:
A Review of Revisions and Major Statistical Changes." December
1991.
• "Alternative Measures of Change in Real Output and
Prices," April 1992.
• "Annual Revision of the U.S. National Income and Product
Accounts," July 1992.
Definitions and Classifications Underlying the National
Income and Product Accounts
National income and product accounts
entries
labor and property supplied by foreign residents. Factor incomes are measured as compensation of employees, corporate
profits (dividends, earnings of unincorporated affiliates, and
reinvested earnings of incorporated affiliates), and interest.
Income and product aggregates are defined below, and their
Net domestic product (NDP) is the net market value of the
definitions are amplified by definitions of their major comgoods and services attributable to labor and property located
ponents. The aggregates differ from each other because of
in the United States and is equal to GDP less consumption
distinctions that are made between domestic measures and naof
fixed capital. It is U.S. production net of the fixed capital
tional measures, between gross and net concepts, and between
"used up" in the production process during the accounting
market-value and factor-cost concepts.
period. Net national product (NNP) is the net market value
The remaining definitions are presented in the framework
of goods and services attributable to the labor and property
of the five-account summary of the national income and prodsupplied
by the residents of the United States and is equal
uct accounts (NIPA's) (shown in table A, page M-14). Each
to GNP less consumption of fixed capital. The measure of
entry has a counterentry, generally in another account. The
consumption of fixed capital used for both NDP and NNP
parenthetical numbers that follow an entry in table A identify
relates
only to fixed capital located in the United States.
the counterentry by account and line number. With the exGross national income (1-26) is the costs incurred and
ception of major income and product aggregates, entries are
the profits earned in the production of GNP. Accordingly, it
usually defined in the sequence in which they appear in the
equals GNP, except for the statistical discrepancy. Gross nafive-account summary. The definition is not repeated where
tional income is the sum of (1) factor incomes—compensation
the counterentry appears, but a cross-reference is made to the
of
employees, proprietors* income, rental income of perplace of its first appearance. Following the five-account sumsons,
corporate profits, and net interest; (2) three nonfactor
mary discussion, definitions for several additional items are
incomes—business transfer payments, indirect business taxes,
presented: Gross domestic purchases, final sales to domestic
and the current surplus of government enterprises less govpurchasers, final sales of domestic product, population, perernment
subsidy payments; and (3) consumption of fixed
sonal saving as a percentage of disposable personal income,
capital.
U.S. residents, and the rest of the world.
National income (1-19) is the sum of the factor incomes.
It is a net factor cost measure equal to the income that originates in the production of goods and services supplied by
Major aggregates
the residents of the United States. Domestic income, also a
Effective with the 1991 comprehensive revision, BEA began
net factor cost measure, is the income that originates in the
production of goods and services attributable to labor and
featuring gross domestic product (GDP), rather than gross
property located in the United States.
national product (GNP), as the primary measure of U.S. production. GDP is the market value of the goods and services
To summarize, GDP is a gross market value measure, net
produced by labor and property located in the United States. domestic product is a net market value measure, and domesAs long as the labor and property are located in the United
tic income is a net factor cost measure. The corresponding
national measures are GNP (gross market value), net national
States, the suppliers (that is, the workers and, for property,
product (net market value), and national income (net factor
the owners) may be either U.S. residents or residents of the
cost).
rest of the world. GNP (1-28) covers the goods and services
produced by labor and property supplied by U.S. residents. As Personal income is the income received by persons from
long as the labor and property are supplied by U.S. residents,
all sources—that is, from participation in production, from
they may be located either in the United States or abroad,
both government and business transfer payments, and from
("U.S. residents" is defined on page M-10.)
government interest (which is treated like a transfer payment).
"Persons" consists of individuals, nonprofit institutions that
To move from GDP to GNP, one must add receipts of
primarily serve individuals, private noninsured welfare funds,
factor income from the rest of the world, which represent
and private trust funds. Personal income is calculated as
the goods and services produced abroad using the labor and
the sum of wage and salary disbursements, other labor
property supplied by U.S. residents, and subtract payments of
income, proprietors' income with inventory valuation and
factor income to the rest of the world, which represent the
capital consumption adjustments, rental income of persons
goods and services produced in the United States using the
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M-5
Nonresidential PDE consists of private business purchases
on capital account of new machinery, equipment, furniture,
and vehicles (except for personal-use portions of equipment purchased for both business and personal use, which
are included in PCE), plus dealers* margins on sales of
used equipment, and net purchases of used equipment from
government, from persons, and from the rest of the world.
Residential fixed investment consists of both structures and
National income and product account
residential PDE—equipment owned by landlords and rented
to tenants. Investment in structures consists of new units,
GDP (defined above) is the sum of personal consumption
improvements to existing units, mobile homes, brokers' comexpenditures, gross private domestic investment (including
missions on the sale of residential property, and net purchases
change in business inventories and before deduction of
of used structures from government.
charges for consumption of fixed capital), net exports of
goods and services (exports less imports), and government
Change in business inventories (1-41) is the change in the
purchases. GDP excludes business purchases of goods and
physical volume of inventories held by business, valued in
services on current account.
average prices of the period. It differs from the change in the
Personal consumption expenditures (1-31) is goods and book value of inventories reported by business; an inventory
services purchased by persons resident in the United States.
valuation adjustment converts inventories valued at historical
Most of personal consumption expenditures (PCE) consists of
cost to replacement cost. (The inventory valuation adjustment
purchases of new goods and of services by individuals from
is described below.)
business. In addition, PCE includes purchases of new goods
Net exports of goods and services (1-42) is exports (1-43)
and of services by nonprofit institutions, net purchases of used
less imports (1-44) of goods and services. Receipts of factor
goods by individuals and nonprofit institutions, and purchases
income are excluded from exports, and payments of factor
abroad of goods and services by U.S. residents traveling or
income are excluded from imports.
working in foreign countries.1 PCE also includes purchases
Government purchases (1^-5) is purchases from business
for certain services provided by the government—primarily
(including net purchases of used goods), compensation of
tuition payments for higher education and charges for medigovernment employees, and purchases from the rest of the
cal care. Finally, PCE includes imputed purchases that keep
world. Receipts of certain services provided by government—
PCE invariant to changes in the way that certain activities
primarily tuition payments for higher education and charges
are carried out—for example, whether housing is rented or
for medical care—are defined as government sales, which
owned or whether employees are paid in cash or in kind.
are treated as deductions from government purchases. The
The following conventions are used to classify each PCE
change in inventories and purchases of structures and equipcommodity: Durable goods (1-32) are commodities that can
ment by government enterprises are included, but their
be stored or inventoried and that have an average life of at
current-account purchases are not. Purchases does not include
least 3 years; nondurable goods (1-33) are all other commoditransfer payments, interest paid by government, and subsidies.
ties that can be stored or inventoried; and services (1-34) are
Transactions in financial assets and land also are excluded.
commodities that cannot be stored and that are consumed at
Compensation of employees (1-1) is the income accruing
the place and time of purchase.
to
Gross private domestic investment (1-35) consists of fixed employees as remuneration for their work. It is the sum of
investment (1-36) and change in business inventories (1-41).wages and salaries and of supplements to wages and salaries.
Wages and salaries (1-2) consists of the monetary remunerFixed investment consists of both nonresidential (1-37) fixed
ation
of employees, including the compensation of corporate
investment and residential (1-40) fixed investment. It is
officers; commissions, tips, and bonuses; voluntary employee
measured without a deduction for consumption of fixed capcontributions to certain deferred compensation plans such as
ital and includes replacements and additions to the capital
401 (k) plans; and receipts in kind that represent income.
stock. It covers all investment by business and nonprofit
Wages and salaries consists of disbursements (1-3) and wage
institutions in the United States, regardless of whether the
accruals less disbursements (1-4). Disbursements is wages
investment is owned by U.S. residents. (Public purchases
and salaries as just defined except that retroactive wages are
of equipment and structures is in the government purchases
counted when paid rather than when earned.
account.) It excludes investment by U.S. residents in other
countries. Nonresidential fixed investment consists of both
Supplements to wages and salaries (1-5) consists of emstructures (1-38) and producers* durable equipment (PDE) ployer contributions for social insurance and other labor
(1-39).
income. Employer contributions for social insurance (1-6)
consists of employer payments under the following proNonresidential structures consists of new construction, brograms: Old-age, survivors, and disability insurance (social
kers' commissions on sale of structures, and net purchases
security); hospital insurance; unemployment insurance; railof used structures by business and nonprofit institutions from
road retirement; government employee retirement; pension
governments. New construction also includes hotels and
benefit guaranty; veterans life insurance; publicly adminismotels, and mining exploration, shafts, and wells.
tered workers' compensation; military medical insurance: and
I. Purchases of residential structures by individuals and nonprofit institutions that
temporary disability insurance. Other tabor income (1-7)
primarily serve individuals arc classified as gross private domestic investment.
consists of employer payments to private pension and profitwith capital consumption adjustment, personal dividend income, personal interest income, and transfer payments to
persons, less personal contributions for social insurance.
Disposable personal income is personal income less personal tax and nontax payments. It is the income available to
persons for spending or saving.
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sharing plans, private group health and life insurance plans,
privately administered workers' compensation plans, supplemental unemployment benefit plans, corporate directors' fees,
and several minor categories of employee compensation, including judicial fees to jurors and witnesses, compensation of
prison inmates, and marriage fees to justices of the peace.
Proprietors' income with inventory valuation and capital
consumption adjustments (1-8) is the current-production income (including income in kind) of sole proprietorships and
partnerships and of tax-exempt cooperatives. The imputed
net rental income of owner-occupants of farm dwellings is
included. Dividends and monetary interest received by nonfinancial business and rental incomes received by persons not
primarily engaged in the real estate business are excluded;
these incomes are included in dividends, net interest, and
rental income of persons. (The inventory valuation and capital
consumption adjustments are described below.)
Rental income of persons with capital consumption adjustment (1-9) is the net current-production income of persons
from the rental of real property, except 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 below.)
Corporate profits with inventory valuation and capital consumption adjustments (1—10) is the income of organizations
treated as corporations in the NIPA's. These organizations
consist of all entities required to file Federal corporate tax returns, including mutual financial institutions and cooperatives
subject to Federal income tax; private noninsured pension
funds; nonprofit institutions that primarily serve business;
Federal Reserve banks; and federally sponsored credit agencies. The income is that arising from current production. With
several differences, this income is measured as receipts less
expenses as defined in Federal tax law. Among these differences are the following: Receipts exclude capital gains and
dividends received, expenses exclude depletion and capital
losses and losses resulting from bad debts, inventory withdrawals are valued at replacement cost, and depreciation is
on a consistent accounting basis and valued at replacement
cost. Because national income is defined as the income of
U.S. residents, its profits component includes income earned
abroad by U.S. corporations and excludes income earned in
the United States by the rest of the world. (The inventory
valuation and capital consumption adjustments are described
below.)
Profits before tax (1-11) is the income of organizations
treated as corporations in the NIPA's, as described above,
except that it reflects the inventory and depreciation accounting practices used for Federal income tax returns. It consists
of profits tax liability, dividends, and undistributed corporate
profits.
Profits tax liability (1-12) is the sum of Federal, State, and
local income taxes on all income subject to taxes; this income
includes capital gains and other income excluded from profits
before tax. The taxes are measured on an accrual basis, net
of applicable tax credits.
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Profits after tax (1-13) is profits before tax less profits tax
liability. It consists of dividends and undistributed corporate profits. Dividends (1-14) is payments in cash or other
assets, excluding the corporations' own stock, made by corporations located in the United States and abroad to stockholders
who are U.S. residents. The payments are measured net of
dividends received by U.S. corporations. Dividends paid to
State and local government social insurance funds and general government are included. Undistributed profits (1-15) is
corporate profits after tax less dividends.
Inventory valuation adjustment (1-16) for corporations is
the difference between the cost of inventory withdrawals as
valued in determining profits before tax and the cost of withdrawals valued at replacement cost. It is needed because,
under the accounting practices used by businesses to determine income as reported in the source data, inventories are
often charged to cost of sales (that is, withdrawn) at their acquisition (historical) cost rather than at their replacement cost
(the concept underlying the NIPA's). In periods of changing
prices, this practice results in profits (or losses) on inventoried goods. The inventory valuation adjustment (IVA) is
an estimate of inventory profits, but with the sign reversed.
Thus, adding the IVA to income removes the inventory profits, as is appropriate for a measure of current production. As
noted above, a similar adjustment is applied to change in
business inventories and nonfarm proprietors' income. No adjustment is needed to farm proprietors' income because farm
inventories are measured on a current-market-cost basis.
Net interest (1-18) is the interest paid by business less interest received by business, plus interest received from the rest
of the world less interest paid to the rest of the world. Interest payments on mortgage and home improvement loans are
counted as interest paid by business because home ownership
is treated as a business in the NIPA's. In addition to monetary interest, net interest includes imputed interest, which is
paid by corporate financial business. The imputed interest
paid by life insurance carriers and noninsured pension plans
credits their investment income to persons in the year it is
earned. The imputed interest payments by financial intermediaries other than life insurance carriers and private noninsured
pension plans to persons, governments, and to the rest of the
world have imputed service charges as counterentries in GNP;
they are included in personal consumption expenditures, in
government purchases, and in exports, respectively.
Business transfer payments (1-20) consists of payments to
persons (1-21) and to the rest of the world (1-22) for which
no current services are performed. Business transfer payments to persons consists primarily of liability payments for
personal injury and of corporate gifts to nonprofit institutions.
Business transfer payments to the rest of the world is nonresident taxes—taxes paid by domestic corporations to foreign
governments.
Indirect business tax and nontax liability (1-23) consists of
tax liabilities that are chargeable to business expense in the
calculation of profit-type incomes and of certain other business liabilities to government agencies (except government
enterprises) that are treated like taxes. Indirect business taxes
includes taxes on sales, property, and production. Employer
contributions for social insurance are not included. Taxes on
corporate incomes are not included; these taxes cannot be
calculated until profits are known, and in that sense they are
not a business expense. Nontaxes includes regulatory and inspection fees, special assessments, fines and forfeitures, rents
and royalties, and donations. Nontaxes generally excludes
business purchases from government of goods and services
that are similar to those provided by the private sector. Government receipts from the sales of such products are netted
against government purchases so that they do not appear in
GDP.
corporations, and of compensation paid to U.S. residents by
foreigners.
Payments offactor income to the rest of the world (1-30)
consists of payments to foreign residents of interest and dividends, of reinvested earnings of U.S. affiliates of foreign
corporations, and of compensation paid to foreigners by U.S.
residents.
Personal income and outlay account
Subsidies less current surplus of government enterprises Wage and salary disbursements (see 1-3).
(1-24). Subsidies is the monetary grants paid by government
Other labor income (see 1-7).
to business, including government enterprises at another level
Proprietors* income with inventory valuation and capital
of government. The current surplus ofgovernment enterprises
consumption adjustments (see 1-8).
is their current operating revenue and subsidies received from
Rental income of persons with capital consumption
other levels of government less their current expenses. In the
adjustment
(see 1-9).
calculation of their current surplus, no deduction is made for
Personal
dividend
income (2-11) is the dividend income of
depreciation charges and net interest paid. The current surpersons from all sources. It equals net dividends paid by corplus of government enterprises is not counted as a profit-type
porations (see 1-14) less dividends received by government
income, and therefore, it is not counted as a factor charge.
(2-13). Dividends received by government consists of diviSubsidies and current surplus are shown as a combined entry
dends received by State and local governments, primarily by
because deficits incurred by government enterprises may retheir retirement systems.
sult from selling goods to business at below-market prices in
Personal interest income (2-14) is the interest income
lieu of giving them subsidies.
(monetary and imputed) of persons from all sources. It
Consumption offixedcapital (1-25) is a charge for the usequals net interest (see 1-18) plus interest paid by government
ing up of fixed capital owned by entities defined as private
(2-16) less interest received by government (2-17) plus in2
business in the NIPA's and located in the United States. It
terest paid by persons (2-18). The last item consists of all
is based on the use of uniform service lives, straight-line deinterest paid by individuals except mortgage interest.
preciation, and replacement cost* For nonprofit institutions
Transfer payments to persons is income payments to perthat primarily serve individuals, it is an imputation in persons for which no current services are performed. It consists
sonal consumption expenditures for the value of the current
of business transfer payments to persons (see 1-21) and
services of the fixed capital assets owned and used by these
institutions. Capital consumption allowances consists of de- government transfer payments (2-21). Government transfer
payments consists of benefits from the following social inpreciation charges and accidental damage to fixed capital. For
surance funds: Old-age, survivors, and disability insurance
corporate business and nonfarm proprietors, it is based on
(social security); hospital insurance; supplementary medical
depreciation as reported on Federal income tax returns. For
insurance; unemployment insurance; government employee
noncorporate farms and other private business, it is calcuretirement;
railroad retirement; pension benefit guaranty; vetlated by BEA based on expenditures for fixed capital, uniform
erans life insurance; workers' compensation; military medical
service lives, straight-line depreciation, and historical cost.
Capital consumption adjustment (1-17) for corporations is the insurance; and temporary disability insurance. Government
transfer payments also includes benefits from certain other
difference between depreciation as valued in determining the
programs: Veterans benefits, in addition to veterans life insurincome reported in the source data and what is referred to as
ance; food stamps; black lung; supplemental security income;
"economic depreciation"—depreciation as valued on the basis
and public assistance (including medicaid). Government payof consistent accounting (economic service lives and straightments to nonprofit institutions, other than for work under
line depreciation) and at replacement cost. It is equal to the
research and development contracts, are also included.
tax-return-based capital consumption allowances less the estiPersonal contributions for social insurance (2-22) inmate of consumption of fixed capital. Similar adjustments are
calculated for proprietors' income, rental income of persons,
cludes payments by employees, by the self-employed, and by
and nonprofit institutions that primarily serve individuals.
other individuals who participate in the following programs:
Statistical discrepancy (1-27) is GNP less gross national Old-age, survivors, and disability insurance (social security); hospital insurance; supplementary medical insurance;
income. It arises because GNP and gross national income are
unemployment insurance; government employee retirement;
estimated independently. (The statistical discrepancy is also
railroad
retirement; veterans life insurance; and temporary
equal to GDP less gross domestic income.)
disability insurance.
Receipts of factor income from the rest of the world (1-29)
Personal tax and nontax payments (2-1) is tax payments
consists of receipts by U.S. residents of interest and div(net of refunds) by persons resident in the United States that
idends, of reinvested earnings of foreign affiliates of U.S.
are not chargeable to business expense and certain other personal payments to government agencies (except government
2. Prior to the 1991 comprehensive revision, this hem was called "capital
enterprises) that are treated like" taxes. Personal taxes inconsumption allowances with capital consumption adjustment*cludes taxes on income, including realized net capital gains
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on transfers of estates and gifts; and on personal property.
Nontaxes includes donations and fees, fines, and forfeitures.
Personal contributions for social insurance is not included.
Taxes paid by U.S. residents to foreign governments and taxes
paid by foreigners to the U.S. Government are both included
in transfer payments.
Personal outlays (2-2) is the sum of personal consumption
expenditures (see 1-31), interest paid by persons (see 2-18),
and personal transfer payments to rest of the world (net) (25). The last item is personal remittances in cash and in kind
to the rest of the world less such remittances from the rest of
the world.
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 that primarily serve individuals, life insurance carriers, private noninsured welfare funds, and private
trust funds. Personal saving may also be viewed as the sum
of the net acquisition of financial assets (such as cash and
deposits, securities, and the change in the net equity of individuals in life insurance and in private noninsured pension
plans) and the change in physical assets less the sum of net
borrowing and of consumption of fixed capital.
government and government enterprises and net government
purchases of land and of rights to government-owned land
including oil resources, less net borrowing.
Foreign transactions account
Imports of goods and services (see 1^14).
Payments offactor income (see 1-30).
Transfer payments to rest of the world (see 1-22, 2-5, and
3-4).
Net foreign investment (4-10) is U.S. exports of goods and
services, receipts of factor income, and capital grants received
by the United States (net) (see below), less imports of goods
and services by the United States, payments of factor income,
and transfer payments to the rest of the world (net). 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 statistical discrepancy in the balance of
payments accounts.
Exports of goods and services (see 1-43).
Receipts offactor income (see 1-29).
Capital grants received by the United States (net) (4-3) is
mainly the allocation of Special Drawing Rights to the United
States.
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 1-23).
Contributions for social insurance (see 1-6 and 2-22).
Purchases (see 1-45).
Transfer payments (3-2) is transfer payments to persons
(see 2-21) and transfer payments to rest of the world (net)
(3-4). The latter consists of U.S. Government military and
nonmilitary grants in cash and nonmilitary grants in kind
to foreign governments and of U.S. Government transfers,
mainly retirement benefits, to former residents of the United
States.
Net interest paid (3-5) by government is interest paid by
government (see 2-16) less interest received by government
(see 2-17). Interest paid by government is interest paid by
government to persons and business and interest paid by government to the rest of the world, that is, to foreign businesses,
governments, and persons. Interest received by government
is interest received from business and from the rest of the
world. Interest paid consists of monetary interest paid on
public debt and other financial obligations. Interest received
consists of monetary and imputed interest received on loans
and investments, including on the balances of State and local
government social insurance funds.
Dividends received by government (see 2-13).
Subsidies less current surplus of government enterprises
(see 1-24).
Wage accruals less disbursements (see 1-4).
Surplus or deficit (~), national income and product accounts
(3-9) is the sum of government receipts (lines 12, 13, 14, and
15 of account 3) less the sum of government expenditures
(lines 1, 2, 5, 6, 7, and 8 of account 3). It may also be
viewed as the sum of the net acquisition of financial assets by
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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).
Consumption of fixed capital (see 1-25).
Government surplus or deficit (~), national income and
product accounts (see 3-9).
Capital grants received by the United States (net) (see 4-3).
Statistical discrepancy (see 1-27).
Gross private domestic investment (see 1-35).
Net foreign investment (see 4-10).
Other definitions
Gross domestic purchases is the market value of goods and
services purchased by U.S. residents, regardless of where
those goods and services were produced. It may be calculated
as GDP minus net exports of goods and services; equivalently,
it is the sum of personal consumption expenditures, gross private domestic investment, and government purchases. Final
sales to domestic purchasers is gross domestic purchases minus change in business inventories; equivalently, it is the sum
of personal consumption expenditures, gross private domestic
fixed investment, and government purchases. Final sales of
domestic product is GDP minus change in business inventories; equivalently, it is final sales to domestic purchasers plus
net exports.
Population is the total population of the United States,
including Armed Forces overseas and the institutionalized
population. The monthly estimate is the average of Census
Bureau survey estimates for the first of the month and the first
of the following month; the quarterly and annual estimates
are the averages of the relevant monthly estimates.
Personal saving as a percentage of disposable personal
come (DPI), frequently referred to as "the personal saving
rate," is calculated on a quarterly and an annual basis as the
ratio of personal saving to DPI. Monthly, the saving rate is
calculated as the ratio of an unweighted, centered 3-month
moving average of personal saving to a similarly calculated
average of DPI.
U.S. residents consists of individuals, governments, business enterprises, trusts, associations, and similar institutions
that have the center of their economic interest in the United
States and that reside or expect to reside in the United States
for 1 year or more. (For example, business enterprises resident in the United States include U.S. affiliates of foreign
companies.) In addition, U.S. residents includes all U.S. citizens who reside outside the United States for less than 1 year
and U.S. citizens residing abroad for 1 year or more who meet
one of the following criteria: Owners or employees of U.S.
business enterprises who reside abroad to further the enterprises' business and who intend to return within a reasonable
period; U.S. Government civilian and military employees and
members of their immediate families; and students who attend foreign educational institutions. U.S residents excludes
residents of commonwealths associated with the United States
(Puerto Rico and the Northern Mariana Islands) and residents
of U.S. territories (for example, Guam).
Rest of the world consists of foreign residents who are
transactors with U.S. residents. Foreign residents include international institutions located in the United States, foreign
nationals employed by their home Governments in the United
States, and foreign affiliates of U.S. companies. Rest-ofthe-world production is production abroad that is attributable
to factors of production supplied by U.S. residents less the
production in the United States attributable to factors of production supplied by foreign residents. Production is measured
by the net inflow of labor and property incomes.
Real output and related measures
data. For quantity extrapolation, constant-dollar estimates
are obtained by extrapolating the base-year current-dollar estimates in both directions from the base period (1987) by
in-quantity indicators. For direct base-year valuation, constantdollar estimates are obtained by multiplying base-year prices
by actual quantity data for each period.
Two alternatives to constant-dollar real output measures
are based on the price weights for more than a single year.
These alternative indexes use the Fisher Ideal index formula
to provide a measure of change between two, not necessarily adjacent, periods.3 In one alternative, the weights change
each year; in the other, the weights change each benchmark
year—that is, at about 5-year intervals. Annual estimates
of these alternative indexes for 1929-58 and quarterly estimates for 1947-58 are not yet available; annual and quarterly
estimates for 1959-88 were published in volume 2.
The first alternative index is referred to as the chain-type
annual-weighted quantity index. For this alternative, a Fisher
Ideal quantity index is used to calculate the change from year
t - 1 to year
Thus, the annual change is provided by the
geometric mean of the year t values of two fixed-weighted
quantity indexes, one of which uses prices of year / - 1 as
weights and the other, prices of year t as weights. Annual
changes computed in this manner are "chained" (multiplied)
together to form a time series.
The second alternative index is referred to as the
benchmark-years-weighted quantity index. For this alternative, the Fisher Ideal index formula is adapted to use weights
from two adjacent benchmark years, which are customarily
5 years apart. For each pair of adjacent benchmark years
and the interval between them, two fixed-weighted quantity
indexes are computed: One with the prices of the first benchmark year as weights, and the other with the prices of the
second benchmark year. The geometric mean of these indexes
is the benchmark-years-weighted quantity index. Cumulation
of the annual changes in the benchmark-years-weighted index is equal to the Fisher Ideal change calculated directly
from one benchmark to the next. Benchmark years are used
as weighting periods because, for components of GDP that
incorporate information from the quinquennial economic censuses, the benchmark-year price and quantity estimates are
considered to be more accurate than those for other years.
Real output
The tables in this volume contain, in addition to estimates
in current dollars, estimates in "real," or physical quantity,
terms—that is, estimates from which price change has been
removed. The featured measure of real GDP is a fixedweighted quantity series in which the weights are 1987 prices.
This series is expressed in constant dollars and as an index
with 1987 equal to 100.
The constant-dollar estimates of GDP are prepared at a detailed level using one of three methods. The method used for
most GDP components is deflation; that is, constant-dollar
estimates are obtained by dividing the most detailed currentdollar components by appropriate price indexes, with the base
period—at present, the year 1987—equal to 100. The other
two methods, quantity extrapolation and direct base-year valuation, are similar to each other in that they both use quantity
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Price indexes
The fixed-weighted price indexes in this volume are weighted
averages of detailed price indexes for the goods and services
that make up GDP using weights that reflect the composition
of GDP in 1987. Because the same weights are used for each
period, changes in this index measure changes in prices over
any period.
The fixed-weighted price indexes for several c o m p o n e n t s of
GDP producers* durable equipment, exports, and imports—
and for total GDP and the investment aggregates are not
shown for periods prior to 1982. For those periods, the combination of the high level and very rapid decline of the price
index for computers and the large 1987 quantity weights for
3. For more detail, see Allan H. Young. "Alternative Measures of Change in
Output and Prices," SURVEY OF CURRENT BUSINESS 7 2 ( A p r i l 1 9 9 2 ) :
32-+S.
computers results in misleading measures of price change (see
page 39 of the article cited in footnote 3).
Two alternatives to the fixed-weighted price index are also
calculated. They use the Fisher Ideal index formula and
are analogues to the two alternative quantity measures discussed above. One alternative is referred to as the chain-type
annual-weighted price index; the other, as the benchmarkyears-weighted price index. Annual estimates of these indexes
for 1929-58 and quarterly estimates for 1947-58 are not yet
available; annual and quarterly estimates for 1959-88 were
published in volume 2.
Implicit price deflators
The implicit price deflator is a byproduct of the estimation
of constant-dollar GDP. It is derived as the ratio of currentto constant-dollar GDP (multiplied by 100). It is also a
weighted average of the detailed price indexes used in estimating constant-dollar GDP, but the indexes are combined
using weights that reflect the composition of GDP in each
period. Consequently, changes in the implicit price deflator
reflect not only changes in prices, but also changes in the
composition of GDP, and its use as a measure of price change
should be avoided.
Command-basis GNP and terms of trade
Another measure of constant-dollar product—command-basis
GNP—also is included in this volume. Command-basis GNP
measures the amount of the goods and services over which
a country has "command" as a result of current production;
that is, it measures U.S. production in terms of its purchasing
power. GNP and command-basis GNP differ in how constantdollar estimates are prepared: In estimating constant-dollar
GNP, the current-dollar value of exports of goods and services is deflated by export prices, the current-dollar value of
imports of goods and services is deflated by import prices,
and the current-dollar value of most factor income is deflated
by the implicit price deflator for net domestic product. In estimating the constant-dollar measure of command-basis GNP,
exports of goods and services and receipts of factor income
are deflated by the implicit price deflator for imports of goods
and services and payments of factor income.
The terms of trade measures the claim of a given level of
U.S. production on foreign production. It is calculated as the
ratio (with the decimal point shifted two places to the right)
of the implicit price deflator for the sum of exports of goods
and services and receipts of factor income to the implicit price
deflator for the sum of imports of goods and services and
payments of factor income.
Classifications of production
Type of product
Type of product classifications—goods (durable and nondurable), services, and structures—are presented in this
volume for GDP and for final sales of domestic product.
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Goods are products that can be stored or inventoried, services
are products that cannot be stored and are consumed at the
place and time of purchase, and structures are products that
are generally constructed at the location where they will be
used and that typically have long economic lives.
I f a product has characteristics of more than one of the
above classifications, it is classified on the basis of the dominant characteristic. Accordingly, the following products are
included in goods: Restaurant meals; expenditures abroad
by U.S. residents other than for travel; replacement parts
whose installation cost is minimal; dealers' margins on used
equipment; and movable household appliances, such as refrigerators, even when they are included in the purchase price
of a new home. The following products are included in
services: Airline transportation and hospital charges, which
include food; natural gas and electricity; current operating
expense of nonprofit institutions, foreign travel by U.S. residents; expenditures in the United States by foreigners; repair
services, which include the cost of parts (except for replacement parts whose installation cost is minimal); defense
research and development; and exports and imports of certain goods, primarily military equipment purchased and sold
by the Federal Government. The following products are included in structures: Mobile homes; certain types of installed
equipment, such as elevators and heating and air conditioning
systems; brokers' commissions on sale of structures; architectural and engineering fees included in the value of structures;
land development costs; and mining exploration, shafts, and
wells.4
In personal consumption expenditures, exports, imports,
and government purchases, durable goods have an average
life of at least 3 years. In fixed investment, producers' durable
equipment is goods, other than structures, with an average
life of at least 1 year. In change in business inventories,
goods held by manufacturing and trade establishments are
classified as durables or nondurables in accordance with the
classification of the industry holding the inventories. Inventories held by construction establishments are classified as
durables; inventories held by all other industries are classified
as nondurables.
Sector
In addition to the breakdowns of GDP that appear in the fiveaccount summary of the NIPA's (table A), this measure of
production also is shown in the tables of this volume for each
of the three sectors of the economy—business, households
and institutions, and general government. The production of
each of these sectors is defined below.
Business: Production by all entities that produce goods
and services for sale at a price intended at least to approximate
the costs of production (including profits) plus production
by certain other entities treated as business in the NIPA's.
It mainly covers the production of corporate and noncorporate private entities organized for profit. Also included
is production associated with mutual financial institutions.
4. In the purchases of structures tables, compensation of government employees
engaged in new construction projects is included in purchases of structures.
private noninsured pension funds, cooperatives, nonprofit organizations (that is, entities determined to be nonprofit by the
Internal Revenue Service (IRS) for purposes of determining
income tax liability) that primarily serve business, Federal
Reserve banks, federally sponsored credit agencies, and government enterprises.5 Owner-occupied housing as well as
buildings and equipment owned and used by nonprofit institutions that primarily serve individuals are treated as business
entities selling their current services to their owners, and thus
are included in business product. Production of the business
sector can be measured either in terms of the net value of the
goods and services business produces or in terms of the costs
incurred and profits earned by business from production.
Households and institutions: Production by households,
consisting of families and unrelated individuals, and by nonprofit institutions that primarily serve individuals. Production
is measured by the compensation of the employees of these
entities.
General government: Production by all Federal Government and State and local government agencies except
government enterprises. Production is measured by the
compensation of the employees of these agencies.
Legal form of organization
For the domestic business sector, income and its components
are shown in the tables of this volume for four legal forms
of organizations—corporate business, sole proprietorships and
partnerships, other private business, and government enterprises (employee compensation only). The entities whose
production is included in each of these legal forms are
specified below.
Corporate business: All entities required to file Federal
corporate tax returns (IRS Form 1120 series), including mutual financial institutions and cooperatives subject to Federal
income tax, private noninsured pension funds, nonprofit institutions that primarily serve business, Federal Reserve banks,
and Federally sponsored credit agencies.
Sole proprietorships: All entities that would be required
to file IRS Schedule C (Profits or Loss from Business) or
Schedule F (Farm Income and Expenses) if the proprietor met
the filing requirements, together with owner-occupied farm
housing.
Partnerships: A l l entities required to file Federal partnership income tax returns, IRS Form 1065 (U.S. Partnership
Return of Income).
Other private business: All entities that would be required
to report rental and royalty income on the individual income
tax return in IRS Schedule E (Supplemental Income and Loss)
if the individual met the filing requirements, tax-exempt cooperatives, owner-occupied nonfarm housing, and buildings
and equipment owned and used by nonprofit institutions that
primarily serve individuals.
Government enterprises: Government agencies that cover a
substantial proportion of their operating costs by selling goods
and services to the public and that maintain their own separate
accounts. A "mixed" treatment of government enterprises is
5. For more detail on government enterprises, see the next section on legal form of
organization.
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used in the NIPA's, in which some types of transactions are
recorded as if they were part of the general government sector
and others as if they were part of the business sector.
Government enterprises are treated like other businesses
and included in the NIPA business sector in that (1) their
sales to final users are recorded in the business production
account; (2) their outlays for materials and business services
are considered intermediate rather than final and therefore
are eliminated in the consolidation of the business sector
production account; and (3) both their wage, salary, and
other compensation payments and their income are considered charges against business product rather than charges
against government product. Within the business sector, government enterprises are classified as noncorporate businesses.
The profit-like income of these businesses accrues to general
government and is called the current surplus of government
enterprises (see definition on page M - 8 ) .
Government enterprises are treated like other government
agencies and included in the NIPA government sector in that
(1) their interest payments are combined with those of general
government rather than those of business; (2) their purchases
of equipment and structures and their inventory change are
combined with general government purchases rather than with
business purchases in gross private domestic investment; and
(3) as a consequence of (2), no entries are recorded for
consumption of fixed capital.
Industry
Industrial distributions are presented in this volume for
national income and its components, capital consumption allowances, employment and hours, and the change in business
inventories and the stock of business inventories.6 The classification underlying the distributions of private activities is
based on the Standard Industrial Classification (SIC).'
The industry distributions in most of the tables in category
6 "Income, Employment, and Product by Industry" are designated as follows: In this volume, estimates for 1929 to 1948,
based on the 1942 SIC, are shown in tables designated as part
A, and estimates for 1948 to 1958, based on the 1972 SIC,
are shown as part B. In volume 2, estimates for 1959-87,
based on the 1972 SIC, are shown as part B, and estimates for
1987-88, based on the 1987 SIC, are shown as part C. The
industry distributions based on the 1987 SIC reflect the corresponding shift of most of the NIPA source data. Estimates for
earlier years, which are now based on either the 1942 or the
1972 SIC, have not been adjusted to the 1987 SIC because
of a lack of adequate source data. Instead, the estimates for
1987 are shown in volume 2 on the basis of both the 1972
6. An industrial distribution of fixed investment is also prepared as pan of the
procedure used to estimate capital stock. This distribution is based on data collected from establishments. For further information, write to the National Income and
Wealth Division (BE-54), Bureau of Economic Analysis, U.S. Department of Commerce,
Washington, DC 20230.
7. See Standard Industrial Classification Manual. /987. Executi ve Office of the President, Office of Management and Budget (Washington, DC: U.S. Government Printing
Office, 1988); Standard Industrial Classification Manual. 1972. Executive Office of
the President, Office of Management and Budget (Washington. DC: U.S. Government
Printing Office, 1972); and Standard Industrial Classification Manual 1942. Executive
Office of the President. Bureau of the Budget (Washington. D.C.: U.S. Government
Printing Office, 1942).
and the 1987 SIC. In this volume, the estimates for 1948 are
shown on the basis of both the 1942 and the 1972 SIC.
Industrial distributions of government activities are not provided; instead, they are combined into a single category. For
most series, separate estimates are shown for the activities
of the Federal Government, of State and local governments,
and of government enterprises. Expenditures by the Federal
Government and State and local governments are also shown
by type and function.
The industrial distributions for private activities are based
on data collected either from "establishments" or from "companies" (also called enterprises or firms). Establishments,
as defined for purposes of the SIC, are economic units,
generally at a single physical location, where business is
conducted or where services or industrial operations are performed. Companies consist of one or more establishments
owned by the same legal entity or group of affiliated entities. Establishments are classified into an SIC industry on
the basis of their principal product or service, and companies are classified into an SIC industry on the basis of the
principal SIC industry of all their establishments. Because
large multiestablishment companies typically own establishments that are classified in different SIC industries, industrial
distributions of the same economic activity for establishments
and companies can be significantly different. For example,
employment by steel-manufacturing companies differs from
employment by steel-manufacturing establishments because
the former includes employment by establishments that are
not classified as steel manufacturing and excludes employment by establishments that manufacture steel but are not
owned by steel-manufacturing companies.
For the NIPA series, industrial distributions on a consistent
establishment or company basis are not available. For the
following series, the industrial distributions are based on establishment data: Compensation of employees, employment,
hours, inventories, rental income of persons, farm proprietors' income, farm net interest, and farm noncorporate capital
consumption allowances. For nonfarm proprietors, industrial
distributions of proprietors' income, net interest, and capital
consumption allowances are based on company data. These
data are regarded as being substantially the same as if they
were based on establishment data because nearly all unincorporated companies own only a single establishment (and
the few multiestablishment companies usually own establishments in the same SIC industry). For corporations, industrial
distributions of profits, nonfarm net interest, and capital consumption allowances are based on company data. As a result,
the industrial distribution of national income presented in this
volume reflects a mix of establishment and company data.
In addition to the establishment-company data problem, individual industry series presented in this volume are not fully
comparable over time. Historical comparability is affected
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primarily by two factors. First, in some instances, the composition of industries may change due to SIC changes, and
as noted above, information was lacking to permit BEA to
conform the estimates for 1986 and earlier years to the 1987
SIC. This factor affects estimates based on establishment data
as well as those based on company data.
Second, historical comparability is affected because the industrial classification of the same establishment or company
may change over time. This factor affects company-based estimates much more than establishment-based estimates. The
classification of a company is subject to change due to the
following: Shifts in the level of consolidation of entities for
which company reports are filed; mergers and acquisitions;
and other shifts in principal activities, especially for large diversified firms. For example, the level of consolidation used
by corporations in filing their Federal income tax returns was
significantly altered in the 1930's and 1940's. Affiliated corporations were not allowed to file consolidated returns from
1934 to 1941; as a result, the company consisted only of
individual corporations. In other years, the company consisted of either an individual corporation or a grouping of
affiliated corporations. Changes in the level of consolidation
used by corporations in filing these returns affected the industrial distribution of corporate profits, net interest, and capital
consumption allowances, which are derived primarily from
tabulations of corporate tax returns.
In addition to the SIC industrial distributions of private
activities, some NIPA tables show the following special SIC
groupings, the titles of which correspond to the 1987 SIC:
Financial industries consists of the following SIC industries: Depository institutions; nondepository institutions;
security and commodity brokers; insurance carriers; regulated
investment companies; small business investment companies;
and real estate investment trusts.8
Nonfinancial industries consists of all other private
industries.
Commodity-producing industries consists of the following
SIC divisions: Agriculture, forestry, and fishing; mining;
construction; and manufacturing.
Distributive industries consists of the following SIC divisions: Transportation (excluding the U.S. Postal Service); communications; electric, gas, and sanitary services;
wholesale trade; and retail trade.
Service industries consists of the rest-of-the-world sector
and the following SIC divisions: Finance, insurance, and real
estate; and services.
8. Regulated investment companies, small business investment companies, and
real estate investment trusts are included in the SIC classification "holding and other
investment offices" and are not shown separately in the NIPA tables.
[-1
Table A.—Summary National Income and Product Accounts, 1958
[Billions of dollars]
Line
ne
Account 1.—National Income and Product Account
1 Compensation of employees
Wages and salaries
2
Disbursements (2-7)
3
Wage accruals less disbursements (3-6 and W ) .
4
Supplements to wages and salaries
5
Employer contributions for social insurance (3-16).
6
Other labor income (2-8)
7
259.8
241.3
241.3
0
18.5
9.1
9.4
8
Proprietors' income with inventory valuation and capital consumption
adjustments (2-9).
51.4
9
Rental income of persons with capital consumption adjustment (2-10)
13.9
Corporate profits with inventory valuation and capital consumption
adjustments.
Profits before tax
Profits tax liability (3-13)
Profits after tax with inventory valuation and capital
consumption adjustments.
Dividends (2-12)
Undistributed profits with inventory valuation and capital
consumption adjustments (5-5).
Inventory valuation adjustment
Capital consumption adjustment
41.2
10
11
12
13
14
15
16
17
22.2
11.6
10.6
296.3
37.2
141.7
117.4
35 Gross private domestic investment (5-1)
Fixed investment
36
Nonresidential
37
Structures
38
Producers' durable equipment
39
Residential
40
41
Change in business inventories
64.5
64.9
42.5
17.6
24.9
22.3
-.4
42
43
44
Net exports of floods and services
Exports (4-1)
............
Imports (4—4)
.4
20.4
20.0
45
46
47
48
49
Government purchases (3-1)
Federal
National defense
Nondefense
State and local
93.5
54.0
46.3
7.7
39.5
GROSS DOMESTIC PRODUCT
454.7
-.3
-1.3
376.0
National income
Business transfer payments
To persons (2-20)
To rest of the world (4-9)
22 Indirect
business tax and nontaxfiability(3—14)
23 Less: Subsidies
less current surplus of government enterprises (3-7)
24
Consumption
of
fixed capital (5-6)
25
20
21
1.1
1.1
0
38.7
0
42.7
26 Gross national income
27 Statistical discrepancy (5-9)
458.6
28 Gross national product
29 Less: Receipts of factor income from the rest of the work! (4-2)
457.5
30
Personal consumption expenditures (2-3) .
Durable goods
Nondurable goods
Services
9.7
18 Net interest (2-15)
19
42.7
19.0
31
32
33
34
-1.1
Plus: Payments of factor income to the rest of the world (4-5)
GROSS DOMESTIC PRODUCT
3.9
1.2
454.7
Account 2.—Persona) Income and Outlay Account
1
2
3
4
5
Personal tax and nontax payments (3-12).
Interest paid by persons (2-18)
Personal transfer payments to rest of the world (net) (4-7)
6 Personal saving (5-3)
PERSONAL TAXES, OUTLAYS, AND SAVING
SMI
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241.3
40.9
7
Wage and salary disbursements (1-3)
302.3
296.3
5.6
.4
8
Other labor income (1-7)
9
Proprietors' income with inventory valuation and capital consumption
adjustments (1-8).
51.4
24.0
10
Rental income of persons with capital consumption adjustment (1-9)
13.9
11
12
13
Personal dividend income
Dividends (1-14)
Less: Dividends received by government (3-6)
11.6
11.6
14
15
16
17
18
Personal interest income
Net interest (1-18)
Interest paid by government
Less: Interest received by government
Interest paid by persons (2-4)
20.6
9.7
19
20
21
Transfer payments to persons
From business (1-18)
From government (3-3)
25.8
1.1
24.7
22
Less: Personal contributions for social insurance (3-17)
367.2
367.2
PERSONAL INCOME
9.4
0
3
6.9
367.2
Table A.—Summary National Income and Product Accounts, 195&—Continued
[Billions of dollars]
Line
Line
Account 3.—Government Receipts and Expenditures Account
Purchases (1-45)
93.5
Personal tax and nontax payments (2-1)
40.9
Transfer payments
To persons (2-21)
To foreigners (net) (4-8)
26.5
24.7
1.8
Corporate profits tax liability (1-12)
19.0
Indirect business tax and nontax liability (1-23)
38.7
Contributions for social insurance
Employer (1-£)
Personal (2-22)
15.9
9.1
6.9
Net interest paid
5.4
Less: Dividends received by government (2-13)
Subsidies less current surplus of government enterprises (1-24)
0
Less: Wage accruals less disbursements (1-4)
0
Surplus or deficit (-), national income and product accounts (5-7)
Federal
State and local
-10.9
-6.5
-2.4
GOVERNMENT EXPENDITURES AND SURPLUS .
114.5
GOVERNMENT RECEIPTS
114.5
Account 4.—Foreign Transactions Account
1
Exports of goods and services (1-43)
20.4
4
Imports of goods and services (1-44)
20.0
2
Receipts of factor income (1-29)
3.9
5
Payments of factor income (1-30)
1.2
3
Capital grants received by the United States (net) (5-8)
0
6
7
8
9
Transfer payments to foreigners (net)
From persons (net) (2-5)
From government (net) (3-4)
From business (1-22)
2.3
4
1.8
0
10
RECEIPTS FROM REST OF THE WORLD
24.4
Net foreign investment (5-2)
PAYMENTS TO REST OF THE WORLD
.9
24.4
Account 5.—Gross Saving and Investment Account
Gross private domestic investment (1-35)
Net foreign investment (4-10)
64.5
.9
Personal saving (2-6)
Wage accruals less disbursements (1-4)
10.6
Consumption of fixed capital (1-25)
42.7
Capital grants received by the United States (net) (4-3)
GROSS INVESTMENT
NOTE.—Numbers in parentheses indicate accounts and items of counterentry in the accounts. For example, line
3 of account 1 is shown as V a g e and salary disbursements, (2-7)"; the counterentry is shown in account 2, tine
Most of the estimates corresponding to the entries on the left-hand side of account 1 are shewn in table 1.14
and table 1.9, Estimates corresponding to the entries on the right-hand side of account 1 are shown in table 1.1.
Most of the estimates corresponding to the entries in account 2 are shown in table 2.1,
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
0
Undistributed corporate profits with inventory valuation and capital
consumption adjustments (1-15).
Government surplus or deficit (-), national income and product
accounts (3-9).
65.4
24.0
-10.9
0
Statistical discrepancy (1-27)
-1.1
GROSS SAVING AND STATISTICAL DISCREPANCY
65.4
Most of the estimates corresponding to the entries in account 3 are shown in table 3.1 (annual only). Estimates
for Federal Government receipts and expenditures are shown in table 3.2 and for State and local government, in
table 3.3 (quarterly and annual).
Estimates corresponding to the entries in account 4 are shown in table 4.1.
Estimates corresponding to the entries in account 5 are shown in table 5.1.
1. National Product and Income
Table 1.1.—Gross Domestic Product: Annual, 1929-58, and Quarterly, 1946-58
[Billions of dollars; quarters seasonally adjusted at annual rates]
Line
103.1
1
Gross domestic product
77.5
2
Personal consumption expenditures .
Durable goods
Nondurable goods
Services
Gross private domestic investment .
Net exports of goods and services
Exports
Imports
Government purchases .
Nondefense .
State and local
Personal consumption expenditures
Durable goods
Nondurable goods
Services
Gross private domestic Investment
65.1
72.3
82.7
90.8
84.9
90.8
48.7
51.4
55.9
62.2
66.8
642
67.2
7\2
81.0
5.7
34.0
24.6
6.7
35.1
25.4
7.8
37.0
26.4
9.7
42.9
28.5
6.9
50.8
31.3
99.7
6.5
58.6
34.6
7.2
34.0
29.0
5.5
29.0
262
3.6
22.7
22.3
3.5
22.3
20.2
42
26.7
20.5
5.1
29.3
21.5
6.3
32.9
23.0
1.1
1.7
3.7
6.7
8.7
12.2
7.1
105
5.9
18.2
10.6
13.6
16.7
9.3
6
3.1
2.5
1.1
1.4
.6
-1.5
-1.4
-.1
4,3
3.3
12
2.1
.9
-.6
2
-.8
5.6
4.3
1.4
2.8
1,3
1.1
.4
.7
7.5
5.8
1.9
3.9
1.7
12
2.1
-.9
9.5
7.5
2.7
4.8
2.1
2,7
1.7
.9
7.7
5.5
2.1
3.4
2.1
-.6
-1.0
.4
9.1
6.1
22
3.9
3.0
.3
-.1
.5
13.8
9.7
3.3
6.4
4.1
4.4
4.0
.4
8.5
6.3
22
4.1
2
11.2
7,7
2.6
52
3.5
2.4
0
5
14.9
11.0
5.5
5.5
4.0
1.7
1.8
-.1
11.0
8.6
4.4
42
2.4
-.4
-.1
-.3
7.0
5.3
2.6
2.6
1.8
-1.1
-1.6
.5
3.6
2.9
1.4
1.5
.8
-2.5
-2.6
.1
.1
.3
-02
-02
1.!
A
a
0
5.9
5.6
4.4
4.1
2.9
2.9
2.0
1.9
2.0
1.9
2.6
22
2.8
3.0
3,0
3.2
4.0
4.0
3.8
2.8
3.9
3.1
5.4
4.4
4.3
4.6
7.9
9.7
10.0
12.1
12.7
59.5
92
8.1
24.8
9.2
13.5
8.6
11.7
18
1.7
1.6
3.0
3,0
5.2
4.7
5.2
5.5
1.3
4.2
8.1
17.1
13.8
3.3
7.7
52.0
1.5
1.6
1945
1
211.0
213.1
2
108.5
119.9
5.9
6.4
7.5
2605
234.3
2115
162.3
144.3
259.3
|
331.6
287.0
3.9
6.3
81.7
79.8
1.9
7.3
49.4
2.5
7.6
1958
1957
1956
1951
1950
1949
1948
1947
1946
s
7.1
6.9
6.9
6.6
-.2
-2.4
15
7.6
1.8
3.7
1.4
1.9
.7
1,3
16
17
7.1
6.9
5.4
12
0
454.7
349.7
370.0
3705
4262
448.6
240.7
2715
286.7
296.3
175.4
178.9
192.7
208.7
219.7
233.5
30.8
982
63.7
29.9
109.2
69.7
29.3
114.7
75.7
32.7
117.8
83.0
32.1
119.7
89.0
382
130.8
103.0
39.7
137.1
109.9
37.2
141.7
117.4
3
4
5
6.7
64.3
37.4
8.0
71.9
40.0
15.8
62.7
45.8
20.4
90.9
51.0
22.9
96.6
56.0
25.0
94.9
59.0
56.3
645
48.1
60.3
70.6
35.0
54.2
72.2
31.3
53.8
105
545
7J
36.7
I 6
39.6
24.9
9.2
15.7
14.6
-2.8
-2.2
-.6
48.3
27.8
10.0
17.8
20.5
5.9
6.0
-.1
50.3
31
12.0
19.9
18.4
10.1
9.1
t.O
50.5
31 .<
12 2
19.7
18.6
3.5
2.1
1.4
54.5
35.1
13.6
21.5
19.4
1.8
1.1
.7
55.8
34.7
13.9
20.8
21.1
-1.9
-2.1
2
68.1
44.5
182
26.3
23.6
4.1
5.1
-1.0
69.7
47.5
19.0
28.6
222
.9
.8
.1
64.9
42.5
17.6
24.9
22.3
-.4
-2.3
2.0
52
.7
8.7
7.4
2.4
5.0
1.4
-.9
-.6
-.3
12.3
10.6
3.3
7.3
1.7
-1.4
-.6
-.9
25.1
17.3
7.4
9.9
7.8
6.2
6.4
-.2
35.5
23.5
8.1
15.3
12.1
-.5
1.3
-1.8
42.4
26.8
9.5
17.3
15.6
5.6
3.0
2.7
-22
-05
7.1
10.8
5.4
4.8
6.9
6.7
7.5
14.1
7.0
• 18.7
7.9
15.5
10.1
Government purchases .
96.9
83.3
292
262
31.4
Federal..
National defense .
Nondefense ..
Stale and local ,
89.5
87.5
2.0
7.4
75.4
73.7
1.7
7.9
19.6
16.4
32
9.6
13.8
10.0
3.8
12.4
16.5
11.3
5.2
14.8
Fixed investment
Nonresidential..
Structures.
Producers' durable equipment .
Residential .
Change in business inventories .....
Nonfarm
Farm
192.4
158.5
125.0
55.6
45.9
9.2
37.7
30.5
Line
Gross domestic product
60.7
70-2
100.0
58.0
3
4
5
19
20
21
22
Federal
75.8
6.9
352
24.7
7
8
9
10
11
12
13
14
Fixed investment .
Nonresidential..
Structures .,
Producers' durable equipment .
Residential .
Change in business inventories
Nonfarm
Farm
90.4
1938
1937
1936
1935
1934
1933
1932
1931
1930
1929
I 7
10
11
12
13
14
Net exports of goods and services .
Wl
1.0 I
2.3
4.0
.4
21.2
18.9
23.9
19.9
20.4
20.0
79.8
87.4
93.5
47.5
40.7
6.8
32.3
51.6
44,6
7.0
35.8
54.0
46.3
7.7
39.5
-0.8
745
1946
One
Gross domestic product.
Personal consumption expenditures .
II
tn
IV
207.7
2175
222.2
140.1
148.9
1532
II
230.6
IV
2345
245.0
111
iV
258.3
265.3
266.6
1785
tl
1
111
251.1
257.7
268.3
277.9
180.8
183.6
1875
164.1
168.2
170.9
174.7
177.6
20.0
90.1
50.5
20.3
92.1
51.7
22.0
93.6
52.6
22.0
95.1
53.9
22,4
97.0
55.3
23.7
97.0
56.9
23.3
97,3
57.9
22.8
96.3
58.3
24.8
95.3
58.9
26.8
94.3
59.8
27.7
94.8
61.1
28.1
96.3
63.0
44.9
48.0
50.4
49.0
40.9 1
33.9
44.4
495
325
412
35.0
32.4
43.1
28.1
10.1
18.0
15.0
5.9
2.8
3.1
40.5
26.6
9.71
16.8
14.0
.4
.6
-2
39.2
25.5
9.4
16.1
13.7
-5.3
-4.1
-1.2
39.9
23.5
8.7
14.9
16.3
-4.9
-4.7
-.2
42.3
24.2
9.1
15.1
18.1
2.0
22
-.1
47.0
26.6
9.5
17.1
20,4
2.9
4.2
-1.3
160.5
14.7
80.6
44.9
17.1
85.1
46.7
18.7
86.3
322
33.3
34.6
Fixed investment
Nonresidential
Structures .
Producers' durable equipment.
Residential .
Change in business inventories .
Nonfarm
Farm
23.5
16.1
7.4
8.6
7.4
8.6
8.7
-.1
27.4
18.7
7.9
10.8
8.7
5.9
5.9
0
302
20.9
7.9
13.0
9.3
4.5
4.8
-.4
33.6
232
7.9
152
10,4
-1.2
1.5
-2.7
35.6
23.3
8.3
15.0
12.3
-2.8
-.3
-2.5
39.6
24.5
8.4
16.1
15.1
1.6
2.4
-.8
41.3
262
8.8
17.3
15.2
3.5
2.3
1.3
422
26.0
9.3
16.7
16.3
5.7
2.9
2.8
45
6.4
25
2.1
1.6
11.7
6.2
11.2
4.4
6.3
52
8.4
72
7.3
92
Net exports of goods and services .
142
7.0
15.4
7.0
13.6
7.3
16.9
9.6
15.2
10.0
15.4
10.5
14.6
10.1
16.0
9.6
15.6
9.4
12.0
9.1
11.6
9,5
11.8
102
32.3
34.7
36.8
39.0
39.0i
382
38.9
282
27.3
28.1
17.0
11.2
5.8
15.3
18.7
12.5
62
15.9
20.4
13.6
6.8
16.5
21.7
14.2
7.!
17.2
20.7
13.4t
)
18.:i
19.6
12.8
6.8
18.6i
19.9
12.9
7.1
19.0
Durable goods.
Nondurable goods,
Services
Gross private domestic Investment
Exports
Imports
Government purchases .
Federal .
National defense
Nondefense
State and local
.1
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
19.1
16.4
2.7
92
17.4
13.8
3.7
9.9
4$2
17.3
13.5
3.8
10.8
33.6
19.4
8.2
25.8
19.4
7.7
17.6
8.3
26.4
262
26.3
28.1
30.5
14.3
9.8
4.5
12.1
13.6
9.5
4.1
12.6
13,1
9.9
3.2
13.3
14.3
10.6
3.7
13.7
16.1
10.9
5.1
14,4
43.1
27.0
9.9
17.1
16.1
7.3
3.9
3.4
5.1
Table 1.1.-Gross Domestic Product: Annual, 1929-58, and Quarterly, 1946-58-Oontinued
[Billions of dollars; quarters seasonally adjusted at annual rates]
1953
1952
1951
1950
1954
line
II!
Gross domestic product
Personal consumption expenditures
Durable goods
Nondurable goods
Services
Gross private domestic Investment
Fixed investment
Nonresidential
Structures
Prodxers' durable equipment
Residential
Change in business inventories
Nonfarm
Farm
„.„.
Net exports of goods and services
1
295.3
2
201.2
3
4
5
IV
1
III
II
IV
1
ill
II
306.7
321.6
329.1
335.8
340.0
3432
343.7
349.6
198.6
209.7
205.3
207.9
211.9
213.3
217.4
2193
35.6
100.9
64.7
31.5
100.9
662
33.8
107.8
68.0
28.9
107.4
69.0
28.3
109.4
702
28.4
112.0
71.4
28.9
111.4
72.9
29.1
113.7
74.6
27.4
115.9
76.5
I
IV
III
11
IV
1
II
III
IV
3622
369.0
372.4
371.8
366.8
366.3
366.6
3712
379.4
228.0
231.6
233.5
234.5
2342
236.4
239.1
241.4
246.0
31.5
117.9
78.6
33.0
118.1
80.5
32.9
118.1
82.5
32.7
117.6
842
32.1
117.5
84.7
31.4
118.7
86.3
32.1
118.8
882
31.6
119.9
90.0
33.3
121.3
91.4
6
562
66.3
62.1
65.0
59.5
54.6
55.4
49.9
53.9
57.0
57.8
57.9
572
52.2
51.6
51.2
54.7
57i
7
8
9
10
11
12
13
14
52.0
29.6
10.3
19.4
22.3
4.3
3.8
.5
51.8
30.6
11.0
19.6
21.3
14.5
13.8
.7
51.7
30.9
11.5
19.4
20.8
10.4
9.3
12
50.0
31.8
122
19.7
182
15.0
14.0
.9
49.6
32.5
12.3
20.2
172
9.9
9.1
.8
49.6
32.2
11.9
20 2
17.5
4.9
3.8
1.1
50.5
32.4
12.0
20.4
18.0
4.9
4.0
1.0
51.4
32.9
12.1
20.8
18.5
-1.5
-3.3
1.9
48.3
29.8
122
17.7
18.5
5.6
3.3
22
51.9
32.5
1Z6
19.9
19.4
5.1
4.6
.5
54.0
34.3
13.1
21.3
19.7
3.8
3.0
.8
54.6
34.8
13.5
21.3
19.8
3.4
4,1
-.7
55.1
35.9
13.7
22.1
192
22
1.5
.7
54.3
35.4
14.0
21.4
18.9
-2.2
-4.3
2.1
53.5
34.5
13.9
20.6
19.0
-1.9
-2.8
.8
54.6
34.3
13.9
20.4
20.3
-3.4
-32
-2
56.8
35.0
13.9
21.1
21.8
-2.1
-2.8
.7
58.1
34.9
13.8
21.1
232
-.3
.2
-.5
3.7
4.1
3.6
1.8
-0.1
-1.1
-0.8
-1.4
-0.7
-0.4
-0.4
2
.5
1.1
18.0
14.3
18.1
14.0
18.6
15.0
16.5
14.6
15.1
15.3
152
16.3
15.0
15.8
15.1
16.4
15.7
16.3
15.1
15.5
14.3
14.8
16.3
162
15.8
15.3
16.5
15.5
15
-0*
-02
.1
16
17
12.2
13.0
13.5
13.7
15.0
14.9
17.0
152
Government purchases
18
38.7
424
49.7
57.0
64.7
69.5
70.9
74.5
76.0
78.3
80.4
82.3
80.7
80.8
78.8
76.1
74.6
74.6
Federal
National defense
Nondefense
State and local
19
20
21
22
192
14.4
4.8
195
22.0
17.3
4.7
20.0
292
24.3
5.0
20.4
35.8
30.6
52
21.1
43.1
38.0
5.1
21.6
47.7
42.4
5.3
21.9
48.9
42.7
62
22.0
51.8
45.9
5.9
22.7
53.5
47.3
6.3
22.5
55.2
48.9
6.4
23.1
56.5
49.5
7.1
23.8
58.6
49.9
8.7
23.7
56.3
48.7
7.6
24.4
55.7
47.9
7.8
25.0
52.8
44.8
8.0
26.0
49.5
42.4
7.1
26.6
47.0
40.3
6.7
27.6
46.7
38.9
7.8
27.8
Exports
Imports
1955
1956
Line
I
Gross domestic product.
Personal consumption expenditures .
Durable goods .
Nondurable goods .
Services
Gross private domestic investment.
Fued investment
Nonresidential
Structures .
Producers' durable equipment .
Residential
Change in business inventories ......
Nonfarm
Farm
Net exports of goods and services
Exports
Imports
Government purchases
Federal
Na^ona) defense .
Nondefense
State and kxaJ
.......
„.„
.......
11
III
IV
II
1957
III
IV
1
It
1958
111
IV
1
111
II
1
3913
400.6
408.9
4152
417.6
423.1
427.8
436.5
444.9
446.6
453J
449.0
4415
4455
459.1
2
2522
2572
261.5
265.6
2672
269.7
272.8
2784)
282.3
2845
289.1
290.9
2905
293.5
298.6
3
4
5
36.5
122.3
93.4
38.8
124.0
94.4
40.6
125.0
95.8
39.6
127.5
98.4
37.9
129.1
1002
38.0
130.0
101.8
37.6
131.3
103.9
39.3
132.7
106.0
40.3
134.5
107.5
39.8
135.8
108.9
39.4
1392
1105
39.1
138.9
112.9
37.1
1395
113.9
36.3
140.8
116.4
37.0
142.8
118.9
6
642
68.1
m
73.7
73.1
71.5
72.6
71.5
71.9
71.9
714
65.1
605
58.7
655
7
8
9
10
11
12
13
14
60.4
35.4
14.3
21.1
25.0
3.7
3.8
-.1
63.5
37.9
14.7
23.1
25.6
4.6
5.7
-1.1
65.7
40.4
15.4
25.0
25.2
42
5.5
-1.3
66.6
42.5
162
26.3
242
7.1
6.8
.3
66.6
42.8
17.4
25.4
23.7
6.6
6.6
0
67.8
43.9
18.0
25.9
23.9
3.7
52
-1.5
68.9
45.4
18.6
26.8
23.5
3.7
4.4
-.8
69.0
45.9
18.7
272
23.0
25
4.1
-1.6
69.6
47.0
18.8
28.2
22.6
2.3
2.0
.3
69.3
47.1
19.0
28.1
222
2.6
2.0
.7
70.4
48.4
19.1
29.3
22.0
3.0
2.5
.5
69.4
47.5
18.9
28.6
21.9
-4.3
-3.3
-1.0
64.6
43.6
18.1
25.5
20.9
-4.0
-6.3
22
63.0
42.0
17.6
24.4
21.0
-42
-5.8
1.6
63.9
41.4
17.3
24.1
22.5
1.5
-.7
22
15
14)
- M
.6
.1
2
1.8
2.5
4A
4.7
44)
3.9
3.3
1.0
A
.7
16
17
172
162
16.6
17.1
18.1
17.4
18.3
18.1
19.3
18.9
20.8
19,0
21.7
19.3
23.0
185
24.8
20.1
24.3
20.3
23.6
19.8
22.9
19.6
20.4
19.5
20.4
20.1
20.5
19.7
18
754)
75.5
76.9
75.8
76.9
80.0
795
82.6
86.0
862
875
89.8
89.6
93.2
94.3
19
20
21
22
46.1
39.1
6.9
28.9
462
38.6
7.5
29.4
47.1
39.7
7.5
29.7
45.5
38.5
7.0
302
45.7
38.8
6.8
312
48.0
40.8
7.1
32.0
472
40.8
6.4
32.7
492
42.4
6.8
33.4
51.4
43.8
7.6
34.6
50.8
44.4
6.3
35.4
51.4
45.2
62
36.1
52.8
44.9
7.8
37.0
51.5
45.1
6.4
38.1
542
46.1
8.1
39.0
54.3
46.6
7.7
40.0
NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
I
Table 1.2.-Gross Domestic Product in Constant Dollars: Annual, 1929-58, and Quarterly, 1947-58
[Billions of 1987 dollars; quarters seasonally adjusted at annual rates]
Gross domestic product
Ptnonal consumption expenditures .
1932
1931
1930
1929
Line
69U
599.7
587.1
632.6
681.3
777.9
811.4
778.9
840.7
906.0
1,070.6
1,284.9
1,540.5
520.0
501.0
456.6
447.4
461.1
487.6
534.4
554.6
542.2
568.7
5952
629.3
628.7
647.3
24.5
211.7
220.4
24.4
205.0
218.1
27.8
215.7
217.6
34.6
226.2
226.8
43 J
252.4
238.9
45.2
262.8
246.6
36.2
266.6
239.4
42.6
279.7
246.4
48,3
293.0
253.9
54.6
311.5
263.1
37.8
317.9
273.1
34.2
327.6
285 6
106.4
69.9
92.9
69.1
30.3
38.7
23.8
13.6
10.6
3.0
75.3
51.3
24.1
272
24.0
-5.4
-7.3
1.9
152,8
107.2
67.2
25.0
26.6
41.1
65.2
Fixed investment .
Nonresidential..
Structures .
Producers'durable equipment .
Residential.
Change in business inventories .
Nonfarm
Farm
..
142.1
100.6
58.9
41.7
41.6
10.6
10.2
.4
108.0
82.7
49.7
33.0
25.3
-.8
-1.3
.4
75.0
54.0
32.1
21.9
21.0
-7.8
-115
3.4
42.5
31.4
18.8
12.6
-17.5
-20.0
2.4
36.8
27.7
14.8
12.9
9.1
-102
-10.9
.8
46.9
34.2
16.3
17.9
12.7
-5.8
1.0
-6.8
59.8
42.4
18.1
24.3
17.5
5.4
2.9
2.5
79.9
57.9
24.0
33.9
22.0
10.0
13.5
-3.5
Set exports of goods and services .
1J9
-0.3
-22
-2.4
-3.0
-1.0
-72
-5.1
24.7
27.0
19.6
22.0
19.9
22.9
22.3
23.4
23.9
31.1
25.3
30.4
31.9
33.8
125.5
1205
116.1
131.4
135.7
158.6
63.5
36.0
29.8
11.1
34.1
30.1
Government purchases .
1116
122.0
Federal
National defense .
Nondefense
State and local
21.9
24.4
24.9
25.9
30.9
90.7
97.6
100.7
94.6
652
-
1944
Line
Gross domestic product .
Personal consumption expenditures
Ourabie goods
Nondurable goods
Services .
Gross private domestic investment .
1943
748.9
32.4
228.3
2402
Exports
Imports
1942
5543
38.1
229.2
252.6
Gross private domestic Investment .
1941
821.8
40.1
238.5
267.9
Durable goods .
Nondurable goods .
Services
1940
1939
1938
1937
1936
1935
1933
1948
1946
1945
40.2
40.0
121.8
149.4
81.4
53.5
90.4
56.5
25.6
30.9
33.9
3.0
1.9
1.1
107.1
69.0
28.9
40.1
38.1
147
12.1
2.6
122.0
81.6
34.4
47.2
40.4
27,4
24.4
3.0
70.0
49.6
20.9
28.6
20.4
11.3
5.8
55
53.6
41.3
15.3
26,0
12.4
-.1
-1.2
1.1
8.2
2.8
30.7
26.5
32.7
28.1
37.5
292
39.1
36.3
152.2
162.5
174.0
180.7
289.1
586.0
56.8
62.3
65.1
76.2
189.0
492.5
42
223
50,4
37.4
867.7
781.1
103.9
95.1
1954
1953
1952
1951
1949
-28.1
26.3
1955
1956
1957
1958
1,8382
1,829.1
1,602.6
1,252.8
1,300.0
1,3055
1,418.5
1,558.4
1,624.9
1,6855
1,673.8
1,768.3
1,670.0
1,272.1
1,803.6
813.0
831.4
874.3
894.7
923.4
9625
1,047.0
1,104.4
1,122.2
779.1
793.3
1,078.7
714.6
987.3
6712
322
3462
29Z1
34.8
377.3
302.4
552
391.7
3322
65.7
382.3
3452
722
384.0
356.8
80.1
389.2
362.2
95.0
400.4
378.9
882
412.7
393.8
86.4
429.0
407.9
95.0
443.7
423.8
96.8
449.4
4412
114.8
470.5
461.7
1092
486.0
483.5
108.8
495.5
500.2
102.5
5000
519.7
187.4
256.4
255.6
231.6
240.3
245.7
229.8
266.9
198.6
2822
1955
284.8
82.6
234.1
59.8
222.0
138.6
582
80.4
83.4
9.6
6.6
2.9
235.2
148.9
632
85.7
86.3
5.1
3.3
1.8
239.7
1462
65.3
80.9
93,5
-5.6
-6.5
.9
268.7
160.5
69.8
90.8
108.2
16.1
16.8
-.7
270.0
1712
77.0
94.3
98,8
12.1
15.0
-2.9
264.8
172.1
77.1
95.0
92.7
2.1
22
-.1
248.1
1543
72.6
81.7
93.7
-2.3
-60
3.7
2.3
-7.1
-2.3
-5.2
-1.2
1.6
-14.9
622
64.4
67.7
72.9
78.0
792
85.0
83 4
73.7
88.5
654
54.6
19.9
34.7
10.9
-5.6
-3.9
-1.7
91.3
78.5
27.2
51.3
12.8
-8.7
-5.9
-2.9
167.5
114.9
545
60.4
52.5
28.0
292
-12
198.5
131.5
49.5
82.0
67.0
.3
3.9
-3.7
216.1
136.0
51.9
84.1
80.1
13.7
10.6
3.1
196.4
122.1
50.8
71.3
74.3
-9.1
-8.8
-.3
233.9
132.5
542
78.3
101.4
22.5
21.6
1.0
225.6
140.6
582
82.4
85.0
30.0
27.1
2.9
-29.0
-233
265
41.9
16.6
17.3
32
11.1
24.6
53.5
32.8
56.7
66.7
402
79.1
37.1
60.7
44.1
59.9
42.5
53.0
49.7
64.3
532
62.3
59.9
59.5
66.6
397.0
467.6
444.0
476.0
269.3
465.3
240.6
441.7
2714)
218.8
454.7
829.4
489.8
968.0
2845
Government purchases.
272.0
139.8
276.1
126.3
264.8
110.7
268.7
175.4
292.7
742.9
324.6
339.7
884.3
256.3
Federal.
National defense .
Nondefense
State and local
145.6
1383
140.7
1792
204.0
1295
1892
114.3
173'b
108.1
162.0
95.6
150.1*
86.5
143.0
837
Fixed investment
Nonresidential
Structures .
Producers' durable equipment .
Residential.
Change in business inventories .
Nonfarm
Farm ..„,
Net exports of goods and services .
Exports
Imports
1,2472
1949
1948
1947
Line
1,255.0
1,2695
i
11
1,284.0
1,295.7
III
1,316.4
1,305.3
1,302.0
1,312.6
1,301.9
1,350.9
1,393.5
1,445.2
1.4M5
1,303.8
823.9
8342
831.3
8362
848.8
865.0
899.3
884.3
8145
822.6
732
388.5
362.2
81.1
389.5
363.7
82.7
3872
361.4
83.3
391.6
361.3
85.5
396.1
3672
866
400.0
378.4
108.9
406.7
383.7
99.0
398.8
386.5
2263
2003
176-3
187.8
184.5
222.6
245.7
264.2
293.3
2155
134.0
52.9
812
81.5
172
135
3.7
213.3
138.0
53.9
84.1
75.4
135
10.4
3.2
2012
131.4
53.1
78.3
69.9
-.3
-.1
-.2
192.8
124.1
52.0
72.2
68.7
-16.5
-145
-2.0
192.5
117.7
49.8
67.9
74.8
-4.7
-4.1
-.6
1992
1152
48.4
66
84.0
-14.8
-16.4
1.7
211.9
118.6
50.5
68.0
93.3
10.8
9.9
.9
231.7
129.6
53.0
76.6
102.1
13.9
15.4
-1.4
248.2 I
140,5
55.9
84.6
107.7
15.9
14.2
1,8
243.9
141.4
57.3
84.1
102.5
49.4
46,8
2.6
12.4
212
212
17.7
9.3
73
6.3
-2.6
1.4
142
64.3
43.1
59.1
41.4
51.3
42.0
50.7
51,4
42.8
45.1
52.8
55.4
57.1
55,7
272.0
2715
276.6
284.3
3055
145.1
165.9
139.2
139.6
1
1,2395
2
704.0
796.8
796.7
795.7
3
4
5
632
377.1
343.7
64.1
385.1
347.6
65.0
386.2
345.5
70.7
381.0
344.0
70.9
381.8
350.6
70.5
385.7
355.5
73.1
381.9
3595
74.3
386.6
361.6
194.9
189.3
191.7
219.1
227.0
232.6
232.7
6
Fixed investment
Nonresidential
Structures .
Producers'durable equipment .
Residential.
Change tn business inventories ..
Nonfarm
Farm
7
8
9
10
11
12
13
14
195.4
133.8
49.9
819
61.6
-.5
2.3
-2.8
189.7
131.3
49.5
81.8
58.4
-.4
4.3
—4.7
196.9
129.6
49.8
79.8
67.4
-52
-.6
-4.6
212.0
131.4
49.0
82.4
80.6
7.1
9.6
-2.5
217.2
137.8
49.8
88.0
79.5
9.7
8.5
1.3
218.4
1342
512
83.0
84.2
142
102
4.0
Net exports ot goods and services .
43.1
43.9
452
35.4
24.1
15.7
15
16
17
80.1
37.0
82.9
39.0
80.7
35.4
72.5
372
65.6
41.6
Gross domestic product .
Personal consumption expenditures .
Durable goods
Nondurable goods .
Services
Gross private domestic investment .
Exports
Imports
|
'
221 <3
2194
803.3
229.7
8115
59.1
43.3
235.7
60.1
45.9
57.9
45.4
64.8
43.6
242^
2545
2592
2702
2753
137.1
142.3
143.1
136.8
133.7
137.7
'"7222
127.9
'''{327
135.2
137.9
138.9
Government purchases.
18
2175
2172
112.6
108.3
118.7
122.4
19
20
21
22
111.9
127.3
Federal
National defense .
„ Nondefense
State and local
110.0
136.8
107.1
109.4
111.2
111.0
113.3
"'Yis'i
117.7
104.9
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
111
II
1
Table 1.2.-Gross Domestic Product In Constant Dollars: Annual, 1929-58, and Quarterly, 1947-5S-Continued
[Billions of 1987 dollars; quarters seasonally adjusted at annual rates]
Gross domestic product
Personal consumption expenditures
Durable goods
Nondurable goods ...................
Services
—
.......
......
Gross private domestic investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business Inventories
Nonfarm
.
Farm
-
....
1954
1953
1952
1951
line
1
II
III
IV
1
II
111
IV
1
II
III
IV
!
II
III
1
1,504.1
1,548.3
1,585.4
1,596,0
1,607.7
1,612.1
1,6213
1,657.8
1,6873
1,6953
1,687.9
1,6712
1,660.8
1,658.4
IV
1,677.7
1,6983
2
899.8
884.9
8942
899.9
903.4
919.7
925.4
9452
958.0
9634
9632
9653
969.1
976.9
992.9
1,010.4
3
4
5
98.8
4095
3915
86.3
405.7
3923
84.0
415.1
3952
83.8
420.4
395.8
85.7
417.4
400.2
88.1
426.7
404.9
82 2
433.1
410.0
89.7
438.8
416.7
94.9
444.0
419.2
93.3
4452
424.9
93.5
4425
427.1
98.1
443.0
424.1
942
445.9
429.1
94.0
444.1
438.8
96.3
4502
446.4
102.7
457.4
450.3
6
264.9
270.1
252.6
234.9
237.9
219.7
2273
2414
247.1
246.6
2412
226.3
226.3
226.5
237.0
246.4
7
8
9
10
11
12
13
14
234.4
137.0
57.5
79.6
97.4
305
273
32
225.1
140.8
59.4
81.4
84.2
45.1
41.7
3.4
222.3
143.6
59.1
84.5
78.8
30.3
27.8
25
220.6
141.1
56.9
84 2
79.5
14.3
11.7
2.6
223.1
141.5
57.0
845
81.6
14.7
12.3
2.4
225.6
142.5
57.5
85.1
83.0
-5.9
-9.4
35
212.8
130.4
58.0
72.5
82.3
14.5
10.0
4.5
226.5
139.9
602
79.7
86.6
14.9
13.7
12
2355
1475
61.9
85.6
88.0
11.6
9.1
2.6
235.9
147.7
63.0
84.7
882
10.7
11.4
-.7
235.4
1505
63.3
872
84.9
5.7
42
1.6
234.1
149.8
64.4
85.4
84.2
-7.8
-11.7
3.9
231.5
146.3
65.2
81.1
85.1
-52
-7.7
2.6
235.8
1452
65.6
79.6
90.6
-9.3
-10.1
.8
243.6
147.5
65.4
82.1
96.1
-6.6
-6.0
1.4
247.8
145.8
65.1
80.7
102.0
-1,4
-.1
-1.3
15
13
10>t
153
153
12.7
5.9
-23
-7.0
-9.1
-6.7
-6.0
-5.0
-2.7
-15
.1
16
17
595
562
65.1
54.7
66.5
512
66.0
50.7
69.8
57.1
62.5
56.6
58.0
60.3
58.7
65.8
58.4
65.0
58.9
68.0
61.4
68.1
59.4
65.4
56.6
61.7
64.6
67.3
62.4
63.9
65.0
64.9
Government purchases
18
336.1
3823
4233
445.8
453.7
466.8
471.6
4782
488.9
494.4
4902
485.6
470.4
457.6
4493
4414
Federal
National defense
Nondefense
State and local
19
20
21
22
197.3
242.0
281.7
3042
311.9
322.6
330.1
333.7
341.4
346.9
3392
331.3
3112
297.7
285.4
276.5
""138.7
HO!B
141.8
144.3
1415
144.5
147.5
147.5
154.3
1592
159.9
163.9
164.8
III
IV
I
II
III
IV
1
II
III
IV
Net exports of goods and services
Exports
Imports
.,
—
""ui.6 •™14i5
1955
"'"isT.o
1957
1956
1958
line
1
Gross domestic product
Personal consumption expenditures
Durable goods
Nondurable goods
Services
Gross private domestic investment
Fixed investment
Nonresidential
Structures
Producers' durable equipment
Residential
Change in business Inventories
Nonfarm
—
—
Farm
...........
Net exports ol goods and services
Exports ....
....
Imports
..................—....
—
......
II
Ill
IV
1
il
1
1,7425
1,758.6
1,7782
1,7933
1,787.0
1,7985
1,8022
1,826.6
1,8364
1,8343
1,8512
1,8305
1,790.1
1,804.4
1,840.9
1,880.9
2
1,025.1
1,0413
1,0513
1,0702
1,072.7
1,074.0
1,078.8
1,0892
1,097.1
1,1003
1,107.4
1,113.0
1,1022
1,1143
1,1305
1,141.7
3
4
5
1082
4605
456.4
1152
467.8
458.3
117.6
472.0
461.7
1182
481.6
4705
1112
486.5
475.0
1092
484.6
4802
108.5
484.6
485.7
108.1
4882
492.9
111.6
490.4
495.1
109.3
493.1
497.9
106.8
500.0
500.6
1075
498.3
5072
102.0
4922
508.0
1012
495.3
517.9
101.7
503.5
525.3
105.1
509.1
527.5
6
269.1
2852
2893
295.6
2862
283.9
281.6
277.0
2722
2693
273.8
2523
234.4
229.4
2473
271.9
7
8
9
10
11
12
13
14
257.8
1483
67.1
81.1
109.6
113
122
-1.0
268.5
1575
68.7
88.8
111.0
16.8
18.1
-13
273.6
165.1
70.8
94.3
1085
15.7
165
-.8
275.0
1713
72.5
985
103.7
20.6
20.3
.3
269.7
169.0
74.7
942
100.7
165
18.9
-2.4
270.9
170.9
77.4
935
100.0
12.9
16.2
-3.3
271.4
173.4
77.9
955
98.0
102
13.1
-2.9
268.1
171.5
77.8
93.8
96.6
8.9
12.0
-3.1
267.4
172.3
772
95.0
95.1
4.9
55
-.6
264.0
1712
772
94.0
92.8
5.3
5.6
-3
266.0
174.5
772
97.3
91.6
7.8
6.8
1.0
261.9
170.4
76.7
93.8
915
-9.6
-92
-.3
247.7
159.5
75.0
84.5
882
-13.3
-17.4
4.1
2412
153.1
72.6
80.6
88.1
-11.8
-15.4
3.6
244.3
149.9
71.0
79.0
94.3
3.1
-12
4.3
259.1
154.8
72.1
82.7
104.3
12.8
10.1
27
15
-U)
-75
-52
-7.0
-6.8
-2.7
-1.7
6.4
5.4
23
13
-2.6
-13.0
-163
-13.4
-16.8
16
17
67.0
68.0
65.3
72.8
69.3
745
69.4
76.4
723
79.1
77.0
79.7
79.5
81.2
832
76.8
88.7
83.3
86.3
84.0
84.0
82.7
81.0
83.6
72.7
85.8
732
89.5
74.0
87.4
74.6
91.4
Government purchases
18
4493
4395
442.7
435.1
434.9
4433
4435
454.1
461.7
462.9
468.7
4673
4665
476.9
4763
484.1
Federal
National defense
Nondefense
State and local
19
20
21
22
2783
266.6
269.4
260.4
258.7
264.6
263.6
272.3
276.1
275.7
278.8
273.8
267.8
2745
2705
274.9
170.9
"1733
1745
NOTE.-Percent changes from preceding period for selected items in this table are shown in tt>le 8.1.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
1763
178,7
160.0
181.8
185.7
1872
"'"i'8&9
194.0
198.8
*
202.0
.............
205.9
""2092
T a b l e 1.3.—Gross Domestic Product by Major T y p e of Product: Annual, 1929-58, and iQuarterly, 1 9 4 7 - 5 8
[Billions of dollars; quarters seasonally adjusted at annual rates]
Line
1931
1930
1923
755
103.1
Gross domestic product
foal sales of domestic product....
Change'm business inventories .....
Goods1
final sales
Change in business inventories .
Divatie goods
final sales
Change in business inventories
—
Nondurable goods
final sales .
Change in business inventories .
1932
555
65.1
713
817
903
843
903
100.0
65.7
712
81.5
-.6
1.1
12
88.1
2.7
85.5
-.6
90.6
.2
97.7
2.4
120.6
4.4
156.6
1.9
193.2
-.8
60.4
-2.5
56.1
47 JO
375
26.8
27.0
34.4
393
455
515
45.3
493
563
725
93.7
1204
54.4
1.7
47.3
-.4
38.6
292
35.0
38.8
445
-.6
1.1
1.2
45.9
-.6
53.6
2.4
68.0
-15
48.8
2.7
48.8
-1.1
28.5
-15
91.7
1.9
1212
-.8
175
16.1
1.4
11.4
125
7.7
9.0
3.6
5.7
112
10.8
16.6
15.4
35.5
34.5
54.2
542
-2.0
-.9
12.7
12.4
.3
26.8
11.2
.9
13.9
13.1
.8
9.9
83
-12
7.4
7.3
,1
9.3
-1.0
4.9
5.4
-5
38.6
38.3
3
35.6
34.9
.7
29.8
29.7
23.1
23.6
22.1
23.1
30.6
29.9
.8
33.7
33.4
2
37.6
35.7
1.9
35.4
35.1
.3
36.3
36.4
-.1
39.4
382
-1.0
27.0
27.7
-.7
255
26.9
28.1
31.0
313
33.1
34.0
3.1
3.7
4.3
53
7.0
6.4
7.8
76.9
.1
313
Structures —
9.6
7J0
1944
2113
—
1914
58.0
-1.1
33.8
Gross domestic product
1943
125.0
90.7
-.4
113
Line
1942
1941
1940
1939
1938
1937
1936
1935
101.4
1.7
35.1
——
1934
57.1
-1.5
Services1 —
_......
1933
213.1
272
4.0
1947
1946
1945
-.4
2113
1948
1949
4.4
23.8
3.1
12
1.0
0
58.1
572
12
45.6
44.3
1.4
662
67.0
-.8
35.4
40.4
50.5
62.8
85
111
14.4
92
1958
1957
1956
1955
1953
1952
1951
1950
259.3
2603
2343
.3
2
4485
454.7
287.0
3315
349.7
370.0
370.9
4043
4262
3462
3.5
3682
1.8
3718
-1.9
399.3
4.9
422.1
4.1
447.7
.9
455.1
-.4
211.9
-.9
214.6
-1.4
205.7
62
234.8
-5
254.7
5.6
262.1
-2.8
281.1
53
3215
10.1
1393
1544
147.7
162.4
1893
1955
2045
1983
216.3
234.7
2305
1283
1253
225.4
1313
final sales
Change in business inventories
1332
-.9
130.3
-1.4
119.1
140.3
62
-5
148.7
5.6
1505
-25
1565
5.9
179.8
10.1
192.0
35
202.8
13
1993
-1.9
211.4
4.9
221.3
4.1
233.8
.9
230.8
-.4
Duable goods
final sales
Change in business inventories
573
585
-.6
48.9
50.1
-13
372
31.8
5.3
45.9
44.4
1.4
49.0
48.0
1.0
482
50.0
-13
59.8
56.2
3.6
72.5
66.4
73.8
72.6
6.1
12
795
' 78.0
15
71.6
74.1
-25
85.1
81.7
3.4
862
11
922
91.7
.5
-2.8
Nondurable goods
Final sales
Change in business inventories
74.4
74.7
-.3
80.0
88.1
873
105.3
100.7
4.6
99.6
100.6
1016
-1.0
100.3
13
117.4
113.4
4.0
121.7
119.4
2.4
125.1
124.9
.3
126.4
125.8
.6
131.2
129.7
1.5
137.0
135.1
3
93.9
953
-1.9
10
1425
1412
.4
148.5
146.1
2.4
71.7
76.7
813
87.7
1016
1132
1213
1263
1363
159.1
169.0
77.1
703
1463
711
293
295
363
39.1
413
435
463
51.1
54.8
552
72
223
543
6.6
165
final sales of domestic product
Change in business inventories ....
Goods'
1
Services —...
802
-2
I
1
IV
111
11
1
IV
III
II
I
84.6
1949
1948
1947
Line
82.0
it
Ul
IV
295.3
306.7
2305
2453
251.1
2583
2653
2665
258.1
257.7
2683
226.7
2593
1
261.6
Gross domestic product...
2343
2773
Final sales oi domestic product
2
3
226.4
.4
231.7
-12
237.7
-18
243.4
15
247.6
3.5
252.6
5.7
257.9
7.3
260.7
5.9
2612
.4
263.4
-5.3
261.4
-15
2625
-4.9
266.3
2.0
275.0
2.9
291.0
4.3
292.2
14.5
1533
1572
1573
1513
1473
150.5
1753
150.1
167.6
1463
155.7
139.7
143.8
1353
1373
1483
4
144.7
1.6
146.5
35
147.6
5.7
149.8
73
151.0
5.9
1515
.4
152.6
-5.3
1495
-15
148.7
-4.9
1485
2.0
152.8
19
163.3
4.3
161.3
14.5
Change in business inventories
Goods1
Final sales
Change in business inventories —
5
6
135.0
.4
139.1
-12
1425
-18
Durable goods
...
Final sales
Change in business inventories —
7
8
9
45.1
417
14
45.4
44.1
1.3
47.3
44.8
25
455
46.1
-5
48.7
47.6
1.1
47.4
46.7
.7
49.4
485
.9
50.6
49.4
1.3
49.1
48.9
.3
463
50.7
-3.9
50.8
50.4
5
45.9
49.9
-4.0
49.3
50.1
-.8
55.9
515
3.4
64.7
62.6
2.1
69.3
595
9.8
Nondurable goods
Final sales
Change in business inventories ...
10
11
12
902
923
-11
915
95.0
-25
914
97.7
-53
100.7
98.6
11
101.4
99.0
2.4
106.0
100.9
5.1
107.6
101.4
62
106.4
101.7
43
102.7
1025
.1
1005
1013
-1.4
972
99.1
-13
97.9
98.8
-.9
1012
98.4
2.9
99.8
100.3
-5
102.9
100.7
11
106.5
101.9
4.6
755
77.7
80.0
822
815
88.7
91.7
723
735
863
713
845
723
811
71.1
81.0
13
304
29.7
28.7
28.7
295
31.4
332
39.0
39.1
295
36.1
26.7
27.4
111
IV
1
II
lit
IV
379.4
Services1
Structures
,
14
203
20.7
234
Gross domestic product.
ftalj»le$ of domestic product..
Change in business inventories
Goods'*
1
3213
1954
1953
1952
1951
Une
3432
3495
3622
3714
3663
3665
3403
3663
3353
3713
329.1
343.7
3712
335.1
4.9
338.3
4.9
3452
-1.5
344.1
5.6
357.1
5.1
3652
3.8
369.0
3.4
369.7
22
368.9
-22
368.3
-13
370.0
-3.4
373.3
-2.1
379.7
-.3
1943
2032
2063
2073
2053
1993
195.0
203.1
1903
1963
193.7
197.6
1934
192.3
-15
188.7
5.6
198.1
5.1
2025
33
203.6
3.4
203.1
22
202.1
-22
1995
-13
198.4
-3.4
198.3
-2.1
203.4
-.3
71.6
73.7
69.4
685
79.7
75.9
3.7
813
775
3.8
813
78.0
3.0
81.7
78.7
19
74.0
77.6
-3.6
71.3
74.9
-3.7
705
74.3
-3.8
70.3
72.9
-25
742
74.4
-2
125.0
125.0
126.0
125.6
.4
123.7
124.4
-.8
125.9
124.4
1.4
126.3
124.6
1.7
124.5
124.1
.4
125.9
1255
.5
128.8
129.0
-1
2
3
311.1
104
3142
15.0
325.9
9.9
4
1853
1892
1915
Final sales
Change in business inventories .
5
6
1743
10.4
1742
15.0
1813
93
1885
43
188.7
43
Durable goods
Final sales
Change in business inventories .
7
8
9
692
645
4.6
73.0
632
9.7
74.7
663
7.9
732
71.1
11
74.5
711
14
-11
5
116.1
1103
53
1162
116.9
1143
1192
116.6
15
119.3
118.7
1243
120.0
53
1235
10
120.3
117.4
19
1122
114.4
1165
1192
121.7
1232
124.6
126.4
1282
128.4
1095
123.1
1055
107.7
405
413
424
435
43.7
434
43.7
442
453
46.8
483
Nondurable goods Final sales
Change in business inventories — —
Services i
Structures
See footnote^} at end of table.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
10
11
12
13
14
964
393
111.0
52
1003
39.1
385
383
1222
1.3
0
Table 1.3.-Gross Domestic Product by Major Type of Product: Annual, 1929-58, and Quarterly, 1947-58-Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]
II
1
III
IV
I
195i8
19;57
1956
1955
Line
II
III
IV
II
1
111
IV
I
11
III
IV
Gross domestic product .....
1
3925
400.6
408.9
415.2
417.6
423.1
4275
4365
4445
446.6
4535
449.0
441.6
4455
459.1
472J
Final sales of domestic product..
Change in business inventories..
2
3
388.6
3.7
396.0
4.6
404.6
4.2
408.1
7.1
411.0
6.6
419.4
3.7
424.1
3.7
434.0
2.5
442.7
2.3
443.9
2.6
450.9
3.0
453.3
-4.3
445.6
-4.0
450.1
-4.2
457.6
1.5
467.1
5.2
4
2072
214.7
2195
223.6
222.6
224.0
225.7
229.1
2352
234.5
2385
230.6
223.8
224.7
2325
2403
5
6
203.4
3.7
210.1
4.6
215.6
4.2
216.4
7.1
216.1
6.6
220.3
3.7
222.0
3.7
226.7
2.5
232.9
2.3
231.9
2.6
235.5
3.0
234.9
-4.3
227.8
—4.0
228.9
-42
231.3
15
235.3
52
7
8
9
79.1
76.7
2.4
84.8
80.7
4.1
87.5
84.7
2.7
88.9
84.6
4.4
87.7
83.4
4.3
87.7
85.7
2.0
87.2
86.9
.3
90.8
88.9
1.9
93.1
92.3
.7
93.6
91.5
2.1
94.5
92.3
Z2
87.6
90.6
-3.0
78.8
85.1
-62
77.8
83.2
-5.5
83.0
83.9
-1.0
88.4
86.8
1.6
10
11
12
128.1
126.7
1.4
130.0
129.5
.5
132.3
130.8
1.5
134.6
131.9
2.7
135.0
132.7
2.2
136.4
134.6
1.7
138.5
135.1
3.4
138.3
137.7
.6
142.1
140.6
1.5
141.0
140.4
.6
144.1
143.3
.8
143.0
144.4
-1.4
144.9
142.7
2.2
146.9
145.7
1.2
149.9
147.4
2.5
152.2
1485
3.7
Services 1
13
134.9
134.6
1375
140.4
1425
145.0
147.4
152.8
1545
157.3
160.5
163.7
1642
167.8
171.0
173.2
Structures
14
502
515
51.6
51.3
52.6
54.0
54.7
545
54.9
54.7
54 5
54.7
53.7
53.3
552
58.6
Goods'
Final sales
Change in business inventories ,
Durable goods
Final sales
Change in business inventories ,
Nondurable goods
Final sales.
Change in business inventories .
NOTE.—Percent changes from preceding period for selected items in this table are shown in ts
1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal Government are included in services.
Table 1.4.—Gross Domestic Product by Major Type of Product in Constant Dollars: Annual, 1929-68, and Quarterly, 1947-58
adjusted at annual rates!
(Billions of 1987 dollars; quarters
1931
line
Gross domestic product
Final sales of domestic product..
Change in business inventories ..
1932
1940
1936
1935
1933
1941
1942
1943
821.8
748.9
691.3
599.7
587.1
632.6
681.3
7775
8114
778.9
840.7
906.0
1,070.6
1,2845
1,540.5
811.2
10.6
749.7
-.8
699.1
-7.8
617.3
-17.5
597.3
-102
638.4
-5.8
675.9
5.4
767.8
10.0
797.8
13.6
784.3
-5.4
837.7
3.0
8912
14.7
1,0432
27.4
1,273.6
11.3
1540.6
-.1
3482
307.7
282.0
238.5
238.3
265.7
293.1
344.7
368.6
340.7
417.4
4915
580.0
732.7
Final sales
Change in business inventories .
337.6
10.6
308.5
-.8
289.8
-7.8
256.1
-17.5
248.5
-10.2
271.5
-5.8
287.7
5.4
334.6
10.0
355.0
13.6
346.1
-5.4
371.4
3.0
402.7
14.7
463.6
27.4
568.7
11.3
732.8
-.1
Durable goods
Final sales
Change in business inventories .
105.3
97.5
7.8
71.4
77.4
-5.9
51.6
60.2
-8.6
26.3
41.0
-14.7
35.8
40.4
-4.7
52.9
52.3
65.9
63.5
2.4
89.3
82.9
6.4
98.0
92.9
5.1
68.6
74.6
-6.0
87.7
86.1
1.6
112.9
105.5
7.4
163.9
145.9
18.0
219.1
211.4
7.7
347.7
346.3
1.4
Nondurable goods
242.9
240.1
2.8
236.3
231.2
5.1
230.4
229.6
.9
2122
215.1
-2.9
202.5
208.1
-5.5
212.8
219.2
-6.4
227.2
2242
3.0
255.4
251.7
3.7
270.5
262.1
8.4
272.1
271.5
286.6
285.3
1.4
304.5
297.3
7.3
327.0
317.6
9.4
360.9
357.3
3.6
384.9
3865
-i.e
Services1 ..
349.0
337.1
326.0
304.9
308.5
321.4
335.7
362.6
366.1
367.7
3785
3942
452.6
5645
7265
Structures .
124.6
104.1
83.4
56.3
40.4
45.5
52.5
70.6
76.7
70.5
87.5
94.3
127.0
1395
815
Goods'
Final sales
Change in business inventories .
Line
1944
1945
1946
1947
1948
1949
1950
1951
1952
Gross domestic product .
1
15705
1,602.6
1,272.1
1252.8
1,300.0
1,3055
1,4185
1,558.4
1,6245
Final sales of domestic product..
Change in business inventories .,
2
3
1,675.6
-5.6
1,611.4
-8.7
1,244.1
28.0
1252.5
.3
1286.3
13.7
1,314.5
-9.1
1,396.0
225
1,528.4
30.0
1,615.3
9.6
6425
706.1
7315
Goods1
1954
1955
1956
1957
1958
1,6855
1,673.8
1,7685
1,803.6
1,8382
1*29.1
1,680.4
5.1
1,679.4
-5.6
1,752.2
16.1
1,7915
12.1
1,836.1
2.1
7655
7385
788.4
8015
8064
7782
7805
-2.3
,1953
•
1,831.4
-23
4
813.7
759.7
591.6
590.3
6025
5915
Final sales
Change in business inventories .
5
6
819.4
-5.6
768.4
-8.7
5635
28.0
590.1
.3
589.0
13.7
6005
-9.1
620.0
225
676.0
30.0
721.4
9.6
760.5
5.1
744.5
-5.6
772.3
16.1
789.7
12.1
804.3
2.1
Durable goods
Final sales
Change in business inventories .
7
8
9
403.4
407.3
-3.9
330.5
338.6
-8.1
1762
152.3
23.8
1912
188.1
3.1
195.4
191.6
3.9
186.7
192.9
-62
222.6
2105
12.1
2615
242.1
19.4
272.9
269.4
35
289.8
284.9
4.9
263.7
2715
-7.8
2965
286.4
10.1
294.9
288.7
62
294.4
292.3
2.1
260-8
268.1
-7.3
Nondurable goods
Final sales
Change in business inventories .
10
11
12
410.3
412.0
-1.7
429.2
429.8
-.6
415.4
4112
42
399.1
402.0
-2.8
4072
397.4
9.8
404.8
407.6
-2.9
419.9
4095
10.4
444.6
433.9
10.7
458.1
452.0
6.1
475.8
475.6
2
4752
473.0
22
491.9
485.9
6.0
506.9
500.9
6.0
511.9
5115
0
517.4
51Z4
5.0
Services 1 ..
13
799.1
7835
5632
529.6
5425
5565
5835
6645
702.0
7175
7195
745.8
7695
802-0
816.9
Structures .
14
572
59.4
1174
1325
1545
1572
1925
187.8
1915
202.3
215 2
234.1
2325
229.9
234J)
1947
1948
Line
1950
1949
IV
Gross domestic product .
12395
1,2472
1255.0
1269.5
1284.0
1295.7
1,3035
1,316.4
1,3055
1,302.0
1,312.6
1,301.9
1,350.9
1,3935
1,4452
1(484i
Final sales of domestic product.
Change in business inventories .,
1240.0
-.5
1247.6
-.4
1260.2
-52
1262.4
7.1
1,274.3
9.7
1281.5
142
1286.6
172
1,302.8
13.5
1,305.6
-.3
1,318.5
-16.5
1,317.3
-4.7
1,316.7
-14.8
1,340.1
10.8
1,379.6
13.9
1,4292
15.9
1,435.1
49.4
595.1
580.8
6085
626.0
658.1
677.3
612.0
642.1
15.9
627.6
49.4
253.1
221.7
313
Goods
1
5842
591.6
589.4
596.1
603.0
5995
5995
6075
5992
590.7
Final sales
Change in business inventories .
584.7
-.5
592.0
-.4
594.6
-52
589.0
7.1
593.3
9.7
585.7
142
582.6
172
594.3
13.5
599.5
-.3
6072
-16.5
599.8
-4.7
595.6
-14.8
598.1
10.8
Durable goods
.......
Final sales.
Change in business inventories .
192.7
187.8
4.8
191.0
187.5
3.5
194.0
187.3
6.7
187.0
189.7
-2.1
201.0
196.9
4.0
190.7
187.5
32
191.5
187.5
4.0
198.6
194.4
4.2
1915
191.7
2
1835
1965
-12.8
1945
193.9
.6
176.6
189.4
-12.8
1875
189.6
-1.8
2112
1992
12.0
238.4
2315
7.0
Nondurable goods
Final sales
Change in business inventories .
391.5
396.8
-5.3
400.6
404.5
-3.9
395.4
407.3
-11.9
3992
9.8
402.0
396.4
5.7
4092
398.3
11.0
408.3
395.1
132
409.3
399.9
9.4
407.4
407.8
-5
407.0
410.7
-3.7
400.6
4055
-5.3
4042
406.1
-1.9
421.1
408.5
12.6
414.8
412.8
2.0
419.6
410.7
9.0
530.4
532.1
5312
524.5
5315
538.1
5455
5545
556.0
560.1
558.1
563.1
5864
608JS
553.1
575.7
1245
1234
1344
1485
149.1
157.7
158.5
154.1
150.1
1512
1594
168.0
1785
1915
2005
198i
Services 1
Structures
-
Seetootnote(s)at end ol table.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
135
4242
406.1
18.1
Table 1 . 4 . - G r o s s Domestic Product by Major Type of Product in Constant Dollars: Annual, 1 9 2 9 - 5 8 , and Quarterly, 1 9 4 7 - 5 8 -
Continued
[Billions ot 1987 dollars; quarters seasonally adjusted at annual rates]
1954
1953
1952
1951
II!
IV
1
II
111
IV
1,658.4
1,677.7
1,6983
1,504.1
1,548.3
1,585.4
1596.0
1,607.7
1,612.1
1,6213
1,657.8
1,687J
1,695.3
1,6873
1,671.2
1,660.8
1,473.6
30.5
1,5032
45.1
1,555.2
30.3
1,581.7
14.3
1,593.0
14.7
1,618.0
-5.9
1,607.4
145
1,642.8
14.9
1,675.7
1,684.6
10.7
1,682.2
5.7
1,679.0
-7.8
1,666.0
-52
1,667.7
-9.3
1,684.3
-6.6
1,699.7
-1.4
7022
716.8
723J)
7275
721 .0 !
726.1
749.4
770.7
765.8
755.7
738.7
7275
7343
7542
682.4
657.1
45.1
6865
30.3
708.6
14.3
712.7
14.7
726.9
-5.9
711.6
14.5
7345
14.9
758.4
final sales
Change in business inventories .
651.9
30.5
760.0
10.7
760.1
57
763.5
-7.8
743.9
-52
736.9
-9.3
741.4
-6,6
755,6
-1.4
Durable goods
Final sales
Change in business inventories .
242.7
262.5
231.8
30.7
270.8
245.7
25.1
269.9
262.8
72
2765
269.0
7.4
269.7
275.7
259.5
257.8
1.7
285.8
275.1
294.4
283.1
11.3
291.9
2832
10.8
8.6
2942
285.6
6.6
278.6
287.7
-9.0
265.3
275.9
-10.6
259.5
271.4
-11.9
260.7
268.1
-7.4
269.2
270.4
-1.2
Nondurable goods
Final sales .
Change in business inventories
439.8
423.7
445.9
440.8
52
453.0
445.9
7.1
451.0
443.7
7.3
451.3
451.1
.1
466.6
453.8
16.1
439.7
425.3
14.4
12.8
463.6
4595
42
475.6
475.3
.3
478.9
476.8
2.1
471.7
474.5
-2.8
477.0
4753
1.3
473.4
468.0
5.5
468.1
465.5
2.6
474.2
473.3
.8
485.0
4852
-2
626.6
684.6
689.4
691-9
700.6
705.3
710.0
7142
721.4
722.0
712.8
7142
719.0
724.7
721.1
657.6
198.3
203.1
2032
200.1
2023
2073
2113
218.1
223.0
Gross domestic product
Final sales of domestic product..
Change in business inventories .,
Goods1
2282
14.4
Services1
190.6
1905
188.3
183.7
184.0
1885
195.1
Structures
-6.0
11.6
11.6
1958
1957
1955
Line
1,793.9
1,787.0
1,7985
1,8022
1,826.6
1.836.4
1,8344
1,8512
1,8305
1,790.1
1,804.4
1,8403
1,880.9
1,7782
1,770.5
16.5
1,7855
12.9
1,792.0
1.831.5
4.9
1,829.5
5.3
1.843.4
7.8
1,840.1
-9.6
1,803.4
-13.3
-11.8
1,837.8
3.1
1.868.1
102
1,817.8
8.9
1,8162
16.8
1,762.5
15.7
1,773.3
801.3
805.1
8113
8072
816.2
790.8
764.1
805.0
785.6
801.1
759.7
760.6
7995
784.0
7985
768.9
782.8
157
783.2
16.5
788.1
12.9
791.1
796.2
8.9
806.4
4.9
801.9
5.3
7.8
800.4
-9.6
773.0
-13.3
775.8
-11.8
781.0
3.1
7922
749.3
11.3
252.9
267.4
-145
261.4
263.9
-2.4
274.9
270.5
4.4
5112
508.4
2.7
522.6
517.1
5.5
530.1
521.7
8.4
814.3
823.3
8282
226.0
2335
2475
1,758.6
1,7425
Gross domestic product .
3
Goods1
4
Final sales .
Change In business inventories
1,741.8
1,7312
11.3
2
Final sales of domestic product....
Change in business inventories ....
5
6
16.8
20.6
788.2
20.6
10.2
295.7
290.3
5.4
298.9
296.4
2.5
299.0
292.5
65
300.4
293.7
6.7
279.5
286.7
-7.3
515.8
514.7
511.3
513.6
-2.3
281.0
273.7
7.2
298.0
2852
12.8
300.9
293.1
7.8
306.1
293.7
125
296.7
284.6
12.1
62
292.7
291.8
.9
10
11
12
479.6
475.6
4.0
487.6
483.7
4.0
497.6
489.6
7.9
502.6
4945
506.6
499.9
6.7
508.6
499.3
9.3
509.5
506.0
3.5
512.4
510.0
2.4
5082
509.4
8.1
502.9
498.6
4.3
13
746.0
735.7
7453
754.4
756.6
763.3
767.6
7895
7925
798.3
Services1
Structures
14
2313
2292
7
Doable goods
Final sales .
Change in business inventories ,
8
9
Nondurable goods
Final sales
Change in business inventories .
2335
231.7
233.3
234.1
230.8
230.7
234.7
237.3
294.5
288.3
-1.2
1.1
806.4
228.6
810.4
2295
253.9
270.6
-16.6
505.7
502.4
3.3
801.7
228.7
12,6
12.8
NOTE-Percent changes from preceding period for selected items in this table are shown in table 8.1.
1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal Government, are included in services.
: Annual,
Table 1.5.—Relation of G r o s s Domestic Product, Gross Domestic Purchases, a n d Final Sales to Domestic Purchasers:
1 9 2 9 - 5 8 , a n d Quarterly, 1 9 4 6 - 5 8
[Billions of dollars; quarters seasonally adjusted at annual rates]
1929
103.1
Gross domestic product.
Line
3.0
90.0
75.7
573
555
64.8
72.5
823
1.7
-.4
-1.1
-2.5
-1.5
101.0
90.4
76.9
60.4
57.0
Gross domestic product.
Less: Exports of goods and services
Plus: imports of goods and services
Equals: Gross domestic purchases *
«...
—
Less: Change in business inventories —
Equals: Final sales to domestic purchasers2
2603
65.4
124.1
1583
1947
2.4
4.4
1,9
96.3
119.6
1563
12
2.7
-.6
88.1
845
893
2595
287.0
45
6.9
6.7
75
14.1
7.0
18.7
7.9
2132
214.0
2045
2235
2543
254.1
286.4
3292
-.9
-1.4
62
-.5
5.6
-25
5.9
10.1
214.1
2155
198.6
224.0
14.4
92
2573
11.6
280.4
4043
4262
448.6
454.7
152
17.6
17.2
21.2
18.9
23.9
19.9
20.4
16.0
15.7
15.4
348.6
370.8
370.6
4033
424.0
444.6
4543
35
1.8
-1.9
4.9
369.0
3725
345.1
3192
20.0
4.1
.9
-.4
4193
443.7
454.7
1950
1949
1948
1947
1957
1956
370.9
16.3
15.3
17.0
14.6
12.3
1955
3703
349.7
3315
1955
1954
1952
1951
2345
1946
98.7
81.7
2113
2495
90.0
1.1
213,1
10.1
833
71.4
211X1
155
3.9
6.3
2
1949
1948
1947
4.6
905
2.6
22
1945
4.3
2.8
3.8
1.9
1944
1585
5.4
4.4
4.0
4.0
2.0
5.6
125.0
4.8
3.4
903
1.9
102.7
100.0
82.7
2.0
|
3.9
3.1
72.3
2.9
2.9
1942
I
903
65.1
4.4
4.1
Equals: Gross domestic purchases1
Equals: Final sales to domestic purchasers
55.6
58.0
75.8
1941
1940
1939
1938
1937
1936
1935
3.0
32
5.9
2
90.4
1934
1933
1932
1931
2.8
less: Exports of goods and services ...
Plus: Imports of goods and services ...
Less: Change in business Inventories .
1930
Line
Gross domestic product
^ss: Exports of goods and services —
Pius: imports of goods and services.,
Equals: Gross domestic purchases1
Less: Change in business inventories
Equals: Final sales to domestic purchasers2
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
2305
2343
215.6
2205
2253
2562
259.7
264.1
273.4
2403
247.4
2533
2562
-12
-25
21U
2,9
257.1
5.9
2232
203.6
276.3
2.0
2622
7.3
2195
1913
266.1
-4.9
260.4
57
2153
1875
2543
-15
2532
35
2153
.4
2543
-5.3
243.9
1.6
17.6
83
45
2513
2353
19.4
7.7
5.9
2552
10.1
82
8.6
11.8
102
10.5
19.4
57
9.5
10.0
18.3
7.5
2095
9.1
152
13.6
73
7.0
9.6
16.9
9.6
142
2005
2773
11.6
16.0
13.0
1932
2683
12.0
261.6
14.6
2222
15.4
7.0
257.7
14.0
8.9
2665
15.4
2173
6.6
2593
2653
207.7
226.7
15.6
9.4
2583
245.0
199.7
234.1
251.1
.41
254.8
Table 1.5.-Relation of Gross Domestic Product, Gross Domestic Purchases, and Final Sales to Domestic Purchasers: Annual,
1929-58, and Quarterly, 194&-58-Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]
Line
III
IV
II
1
III
IV
II
1
19154
1953
1952
1951
1950
III
IV
II
I
111
IV
1
111
tl
IV
Gross domestic product
1
2953
306.7
321.6
329.1
335.8
340.0
3432
343.7
349.6
362.2
369.0
372.4
371.8
366.8
366.3
366.6
3712
379.4
Less: Exports of goods and services
Plus: Imports of goods and services
2
3
122
13.0
13.5
13.7
15.0
14.9
17.0
152
18.0
14.3
18.1
14.0
18.6
15.0
165
14.6
15.1
15.3
152
16.3
15.0
15.8
15.1
16.4
15.7
16.3
15.1
15.5
14.3
14.8
16.3
162
15.8
15.3
16.5
15.5
378.4
4
296.1
3063
3215
3273
332.1
336.0
339.6
341.9
349.8
3633
369.7
373.7
372.5
3672
366.8
366.4
370.7
Less: Change in business inventories
5
43
14.5
10.4
15.0
9.9
4.9
4.9
-1.5
5.6
5.1
3.8
3.4
22
-2.2
-1.9
-3.4
-2.1
-.3
Equals: Final sales to domestic purchasers3 — . . . .
6
2913
2924
311.0
3123
3222
331 J0
334.7
343.4
3442
3582
366.0
370.4
370.3
369.4
368.7
3693
372.8
378.7
1
II
Equals: Gross domestic purchases 1
—
111
IV
II
1
19*>8
1957
1956
1955
Line
111
IV
til
IV
446.6
4533
449.0
441.6
445.8
459.1
472.3
II
III
IV
I
4443
1
II
1
3923
400.6
4083
4152
417.6
423.1
4273
4365
Less: Exports of goods and services
Plus: Imports of goods and services
2
3
172
162
16.8
17.1
18.1
17.4
18.3
18.1
19.3
18.9
20.8
19.0
21.7
19.3
23.0
18.5
24.8
20.1
24.3
20.3
23.6
19.8
22.9
19.6
20.4
19.5
20.4
20.1
20.5
19.7
20.5
20.6
440.7
4455
458.4
472.7
-42
15
51
449.7
4563
4675
Gross domestic product
«...
Equals: Grass domestic purchases 1
4
3913
400.9
4082
415.1
4172
4213
4253
432.1
4402
442.6
450.0
445.7
Less: Change in business inventories
5
3.7
4.6
42
7.1
6.6
3.7
3.7
2.5
2.3
2.6
3.0
-4.3
Equals: Fnal sales to domestic purchasers 3
6
3873
3963
404.0
408.0
410.6
417.6
4215
429.6
4373
4403
447.0
450.1
444.7
1. Purchases by U.S. residents of goods and services wherever produced.
2. Final sales to U.S. residents of goods and services wherever produced.
Note.—Percent changesfrompreceding period for selected items in this table are shown in table 8.1.
Table 1.6.—Relation of Gross Domestic Product, Gross Domestic Purchases, and Final Sales to Domestic Purchasers in Constant
Dollars: Annual, 1929-58, and Quarterly, 1947-58
[Billions of 1987 dollars; quarters seasonally adjusted at annua) rates]
Line
1929
1931
1930
1932
1934
1933
1935
1937
1936
1938
1940
1939
1941
1942
1943
Gross domestic product
1
8213
7483
6913
599.7
587.1
6325
6813
7773
8114
7783
840.7
906.0
1,070.6
1284.9
1540.5
Less: Exports of goods and services
Plus: Imports of goods and services
2
3
36.0
34.1
293
30.1
24.7
27.0
19.6
22.0
19.9
22.9
22.3
234
23.9
31.1
25.3
30.4
31.9
33.8
30.7
26.5
32.7
28.1
37.5
29.2
39.1
36.3
26.3
37.4
22.3
Equals: Gross domestic purchases 1
4
8193
749.1
693.7
602.1
5902
633.6
6885
7833
813.3
774.7
836.0
897.7
1,067.8
1,296.1
1,568.6
Less: Change in business inventories
5
10.6
-.8
-7.8
-17.5
-102
-5.8
5.4
10.0
13.6
-5.4
3.0
14.7
27.4
11.3
-.1
Equals: Final sales to domestic purchasers 3
6
8093
7503
7014
619.7
600.4
6394
6832
7723
799.7
780.0
833.1
883.0
1,040.4
1,284.7
1,563.7
—
50.4
Line
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1
1,6703
1,602.6
1,272.1
1252.8
1,3003
1,3055
14185
1,558.4
1,6243
1,6855
1,673.8
1,768.3
1,803.6
1,8382
1,829.1
Less: Exports of goods and services
Phis: Imports of goods and services
2
3
24.6
535
323
56.7
66.7
402
79.1
37.1
60.7
44.1
59.9
42.5
53.0
49.7
64.3
532
62.3
59.9
59.5
66.6
622
64.4
67.7
72.9
78.0
792
85.0
83.4
73.7
88.5
1,6265
1,2455
1,2103
1283.4
1,288.1
1,4153
1,5474
1,6225
1,692.6
1,676.1
1,7735
1,8043
1,836.6
1,843.9
28.0
.3
13.7
-9.1
225
30.0
9.6
5.1
-5.6
16.1
12.1
2.1
-2.3
1,217.6
1,210.6
1,269.7
12972
1,3923
1,5173
1,613.0
1,6875
1,681.7
1,757.4
1,792.7
1,8345
1,8462
Gross domestic product
...
Equals: Gross domestic purchases 1
4
1,6993
Less: Change in business inventories
5
-5.6
Equals: Final sales to domestic purchasers 3
6
1,7045
S.7
1,6353
1947
1948
1
Gross domestic product
........
Less: Exports of goods and services
Plus: Imports of goods and services
1
ll
III
IV
II
1
1950
1949
Line
III
IV
1
II
III
IV
1
II
III
IV
1
12395
12472
12553
12695
12843
1,295.7
1,3033
1,3164
1,3053
1,302.0
1,312.6
1,3013
1,350.9
1,3935
14452
1,484.5
2
3
80.1
37.0
82.9
39.0
80.7
35.4
725
372
65.6
41.6
59.1
43.3
60.1
45.9
57.9
45.4
64.8
43.6
64.3
43.1
59.1
41.4
51.3
42.0
50.7
423
51.4
45.1
52.8
55.4
57.1
55.7
1,483.1
4
1,1964
12033
1209.7
1,234.1
12593
1,2803
1,2895
1,3033
1,284.1
1,2803
12943
1,292.7
1,343.0
1,387.3
1,447.7
Less: Change in business inventories
5
-5
-.4
-52
7.1
9.7
142
172
13.5
-.3
-165
-4.7
-14.8
10.8
13.9
15.9
49.4
Equals: Final sales to domestic purchasers 2
6
1,1963
1203.7
12143
1,227.0
12502
12653
12724
1,2904
1284.4
1297.4
1,3322
1,3733
1,4313
1433.7
Equals: Gross domestic purchases
1951
1952
Line
Gross domestic product
Less: Exports of goods and services
Plus: Imports of goods and services
Equals: Gross domestic p u t h a s e s 1
Less: Change in business inventories
Equals: Final sales to domestic purchasers
Seefootnotes)at end of table.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
1,299.6
1,307.4
1954
1953
1,504.1
1,5483
1,585.4
1,5963
1,607.7
1,612.1
1,6213
1,657J
1,6873
1,695.3
1,68741
1,6712
1,660.8
1,658.4
59.5
562
65.1
54.7
665
512
66.0
50.7
695
57.1
625
56.6
58.0
60.3
58.7
58.9
68.0
61.4
68.1
59.4
65.4
56.6
65.8
58.4
65.0
61.7
64.6
67.3
1,500.7
1,537.9
1,5702
1,580.7
1,595.0
1,6062
1,6242
1,6643
1,6943
1,7044
1,694.6
1,6772
1,665.9
1,661.1
30.5
45.1
30.3
143
14.7
-5.9
14.5
14.9
11.6
10.7
5.7
-7.8
-52
-9.3
14702
1,492.8
1,539.9
1,5663
1,5802
1,612.1
1,6093
1,6493
1,682.4
1,693.7
1,688.8
1,685.0
1,671.0
1,6704
Table 1 6.—Relation of Gross Domestic Product, Gross Domestic Purchases, and Final Sales to Domestic Purchasers in Constant
Dollars: Annual, 1929-58, and Quarterly, 1947-58-Continued
[Billions of 1987 dollars; quarters seasonally adjusted at annual rates]
1958
1956
1955
Line
1,7875
1,793.9
1.778.2
1,742.5
Grass domestic product
1,7985
1,8022
1,826.6
1,836.4
1,8345
1,8512
1530.5
1,790.1
1504.4
1,640.9
83.2
76.8
88.7
835
865
84.0
84.0
82.7
81.0
83.6
72.7
85.8
732
89.5
74,0
87.4
74.6
91.4
1,897.7
Less: Exports of goods and services .
plus: imports of goods and services ..
67.0
68.0
65.3
723
69.3
745
69.4
76.4
72.3
79.1
77.0
79.7
795
81.2
Equals: Gross domestic purchases1
1,7435
1,766.1
1.783.3
1,800.9
1,793.8
1,8012
1,8035
1,8205
1,831.0
1,8325
1,8495
1,833.1
1,803.1
1,820.6
1,854.3
16.8
15.7
20.6
16.5
12.9
102
8.9
4.9
5.3
7.8
-9.6
-13.3
-11.8
3.1
12,8
Less: Change in business inventories
11.3
1,780.3
1,777.4
1,7882
1,793.7
1,811.4
1,8262
1,827.2
1,842.1
1,842.7
1,816.4
1,832.4
1,8512
1,884.9
1,732.2
Equals: Final sales to domestic purchasers 2
1,767.7
1,749.3
1. Purchases by U.S. residents of goods and services wherever produced.
2. Final sales to U.S. residents of goods and services wherever produced.
,
NOTE.—Percent changes from preceding period for selected items in this table are shown tn table 8.1.
Table 1.7.-Gross Domestic Product by Sector: Annual, 1929-58, and Quarterly, 1946-58
[Billions of dollars; quarters seasonally adjusted ai annual ratesl
Une
103.1
Grass domestic product .
955
Business
Nonfarm ........
.....
Nonfarm less housing .
Housing
Farm.,
Statistical discrepancy
Households and Institutions .
General government
«...
Federal
Stale and local
Addendum:
Gross domestic business product less housing
65.7
59.7
6.0
6.4
1.3
73.3
66.9
6.4
82
0
675
61.0
6.8
65
.7
73.3
66.3
7.0
6.3
1.3
822
75.0
72
6.4
1.1
103.6
95.9
7.7
8.9
5
128.3
119.9
8.5
13.0
-.9
150.1
141.1
9.0
15.3
-1.9
1.7
1.8
15
25
25
22
25
2.4
25
25
3.2
15
1.0
1.0
12
1.1
1.0
1.1
1.1
1.1
12
12
12
1.3
15
1.6
1.6
.9
1.0
.9
1.0
4.7
55
6.0
7.6
75
15.2
.9
3.6
1.0
3.7
1.7
3.9
1.8
42
3.5
4.2
35
4.3
10.7
4.5
59.9
51.2
58.0
73.3
82.0
73.6
1.5
1.2
1.1
1.1
4.6
1949
1948
1947
2115
1950
and institutions.
Private households Nonprofit institutions .
government
Federal .
State and kxai .„..!
™ Z Z ! ! ! Z I Z
Addendum:
Gfoss domestic business product less housing .
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
1954
1953
1952
1951
287.0
3315
349.7
370.0
3705
4045
4262
448.6
454.7
297.0
3105
3295
329.7
3605
379.1
3982
4005
2115
2595
213.6
199.7
13.8
18.7
1.0
2385
223.1
15.4
19.9
1.0
271.1
253.7
17.4
22.9
2.9
286.9
267.4
19.6
22.1
1.8
306.9
284.9
22.0
20.1
25
307.8
283.6
242
19.5
2.4
3405
314.4
26.0
18.6
12
3635
335.4
28.1
18.4
-2.8
381.8
351.4
30.4
18.3
-1.9
380.9
348.1
32.9
20.5
-1.1
65
65
72
75
8.1
9.1
95
10.6
115
5.9
2.7
4.3
2.6
4.6
2.7
5.1
2.6
5.5
3.1
6.1
3.3
6.6
3.3
7.3
3.5
8.0
27.7
315
324
33.0
345
372
395
425
18.3
14.7
19.0
15.8
19.6
17.6
20.2
19.6
21.3
21.6
304.1
3325
349.6
366.3
365.8
4.1
45
5.1
214.6
2025
12.4
23.3
-12
55
2.1
2.4
2.4
2.8
2.4
3.2
2.4
3.6
2.6
3.9
22.4
17.6
18.1
20.1
212
325
355
27.3
4.9
30.0
5.4
162
62
10.3
75
9.6
8.5
10.7
9.4
11.1
10.1
16.6
112
19,3
12.3
19.1
13.3
163.1
174.0
199.4
223.1
2182
242.7
2782
289.9
306.4
164.8
1948
I
2222
207.7
2175
1735
1805
1905
1955
233.3
3.7
199.7
153.8
104.7
2595
189.6
178.6
11.0
20 2
1.8
ill
21.0
4.7
236.7
165.4
155.4
10.1
18.8
.7
IV
25.6
2605
153.8
144.1
9.7
16.0
3.9
2.1
2.0
74.6
1.4
2345
1855
173.7
42.3
43.7
1946
213.1
.7
.8
1.0
1947
Nonfarm less housing ,
Housing
Fami.
Statistical discrepancy
1635
57.7
515
5.9
7.0
-2
Une
Gross domestic product
1924
140.4
$4.5
157.1
147.7
9.4
155
2.6
1.9
15
Private households .
Nonprofit institutions
158 5
113.0
52.6
46.7
5.9
4.7
.4
1945
1755
1255
57.7
25
211.0
100.0
44.1
375
6.3
4.6
.5
2.7
Gross domestic product ........
805
492
25
Une
905
75.1
46.9
39.7
7.3
45
2
Households and institutions .
Addendum
Gross domestic business product less housing .
845
81.6
51.6
76.0
67.3
8.7
7.6
-5
Federal.
Stateand local
905
685
852
762
9.0
9.7
1.0
General government ...
82.7
83.1
Nonfarm .
Nonfarm less housing .
Housing
Farm
Statistical discrepancy
1.7
1.1
725
734
61.7
53.6
82
6,3
.8
Private households .
Nonprofit institutions .
65.1
555
585
75.8
90.4
1943
1941
1940
1939
1938
1937
1936
1935
1934
1933
1932
1930
1929
1945
226.7
2035
230.6
2072
251.1
2585
III
IV
265.3
266.6
261.6
258.1
2595
257.71
26851
2775
2355
232.1
2335
231.1
2415
2512
2345
245.0
212.7
MA
228.4
2355
241.1
2415
207.6
1955
115
215
-.6
212.7
200.5
122
24.8
-22
217.6
205.0
12.6
242
-.6
220.6
207.7
12.9
22.7
-15
216.6
203.3
13.3
19.4
-.1
212.8
1992
13.7
18.9
.4
214.1
200.1
14.0
18.1
1.6
210.7
196.3
14.4
182
2.2
219.8
205.0
14.8
18.7
3.3
231.3
216.1
152
18.9
1.0
155.0
1452
95
16.7
1.6
162.4
1525
10.0
175
1.0
169.4
159.3
10.1
20.3
12
174.9
1645
10.3
20.9
-.8
1815
1712
10.5
21.4
.1
187.0
1762
10.8
182
2.0
190.6
1795
11.1
20.0
2.1
198.8
187.4
11.4
21.1
3.0
54
55
6.2
65
65
54
55
5.1
55
45
5.8
4.7
5.7
44
55
45
55
45
25
2.9
2.3
3.0
2.4
32
2.4
3.4
2.3
3.4
2.3
3.5
2.3
3.6
2.3
2.6
3.5
2.6
3.7
25
3.8
165
174
175
1B5
19.1
195
20.1
202
205
20.1
9.3
8.0
9.3
8.3
9.6
8.7
10.0
9.1
10.6
9.2
10.8
9.3
10.6
9.6
10.7
9.7
10.3
22
2.1
25
22
2.5
22
2.4
2.3
25
25
2.9
225
22.6
225
185
182
16.8
2.1
2.4
2.1
215
16.1
5.8
165
6.0
16.4
6.3
15.8
6.7
11.8
7.0
11.0
12
9.4
7.4
9.0
75
3.7
205
10.3
10.0
Table 1.7.—Gross Domestic Product by Sector: Annual, 1929-58, and Quarterly, 1946-58—Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]
IV
III
1
III
II
1
IV
I
IV
111
II
1954
1953
1952
1951
1950
line
IV
III
II
I
II
III
IV
1
295.3
306.7
321.6
329.1
335.8
340.0
3432
343.7
349.6
3622
369.0
3714
371.8
366.8
3663
366.6
3712
379.4
2
2675
2763
2892
295.1
300.0
3035
305.5
305.1
310.3
322.7
329.1
3323
3315
3265
326.1
325.7
3293
3373
Nonfarm
Nonfarm less housing
Housing
Farm
Statistical discrepancy
3
4
5
6
7
2472
2315
15.6
20.1
.1
255.7
239.6
16.1
21.7
-.6
265.0
248.4
166
22.4
1.7
268.6
251.5
17.1
22.9
3.6
272.9
255.3
17.6
22.8
4.3
277.9
259.8
18.2
23.5
2.1
281.0
262.2
18.7
21.9
2.7
281.3
262.1
19.3
22.4
1.4
285.5
265.6
19.9
23.7
1.2
300.0
279.6
20.4
20.6
2.1
306.0
284.9
21.0
20.7
2.4
3095
287.8
21.7
20.2
2.3
309.5
287.3
22.3
19.6
2.4
3015
2795
22.9
19.8
42"
3032
279.7
23.4
20.4
25
304.0
280.0
24.0
192
25
307.3
282.8
24.5
19.6
3.0
316.7
291.7
24.9
18.9
1.7
Households and Institutions
8
65
6.7
6.9
6.9
6.9
7.0
7.1
7.1
7.4
7.4
7.6
7.8
8.0
73
7.8
7.9
8.1
8.7
9
10
2.6
3.8
2.5
4.2
2.7
42
2.6
4.2
2.7
4.2
25
4.5
2.3
4.8
25
4.5
2.9
4.5
2.6
4.7
2.5
5.1
2.7
5.1
2.9
5.1
2.7
5.1
2.5
5.3
2.5
5.4
2.5
5.6
2,8
5.9
General government
11
21.4
23 2
25.4
272
28.9
295
30.7
31.5
31.9
32.1
323
316
323
315
32.4
33.0
332
33.5
Federal
State and local
12
13
11.1
10.3
12.7
10.5
14.7
10.7
16.2
10.9
17.5
11.3
17.8
11.6
18.8
11.8
19.4
12.0
195
12.4
19.4
12.7
19.3
13.0
19.4
13.2
19.0
13.4
18.7
13.7
18.4
14.1
18.5
145
18.3
15.0
18.3
15.2
Gross domestic product
Business
Private households
Nonprofit institutions
Addendum:
Gross domestic business product less housing
14
1958
1957
1956
1955
Line
II
I
Gross domestic product
Business
Nonfarm
Nonfarm less housing
Housing
Farm
Statistical discrepancy
III
IV
II
I
IV
111
I
III
II
IV
IV
III
II
I
1
3923
400.6
408.9
415.2
417.6
423.1
427.8
4365
444.9
446.6
4533
449.0
441.6
4453
459.1
4713
2
3493
357.0
3645
370.0
371.9
376.6
380.0
388.1
395.8
3965
4023
397.8
389.1
391.6
4033
416.6
3
4
5
6
7
328.3
302.9
25.4
19.1
2.5
337.1
311.3
25.8
19.0
.9
344.7
318.5
26.3
18.5
1.3
351.8
325.1
26.7
18.0
2
355.4
3282
27.2
17.8
-1.4
361.1
333.3
27.8
18.3
-2.8
364.4
336.1
28.3
18.9
-3.2
373.0
344.1
28.9
18.7
-3.6
380.0
350.5
29.5
17.7
-1.8
3815
351.4
30.1
18.1
-3.1
3852
354.4
30.7
18.6
-1.0
3805
349.2
31.3
18.9
-1.6
371.6
339.7
31.9
20.7
-32
371.9
339.4
316
20.8
-1.1
382.9
349.7
332
20.4
.6
397.3
363.6
33.8
20.0
-.7
8
85
8.9
9.3
9.7
9.6
9.6
10.0
10.2
10.3
105
10.7
10.8
11.1
11.7
11.6
11.7
9
10
2.9
5.7
2.9
6.0
3.1
62
3.4
6.4
3.3
6.3
3.2
6.4
3.3
6.7
3.3
7.0
32
7.1
3.3
72
3.4
7.3
3.4
7.5
3.3
7.8
3.6
8.1
35
8.1
35
8.1
General government
11
33 3
34.8
35.1
355
36.1
363
37.7
382
38.8
39.6
40.3
40.4
415
425
43.6
44.1
Federal
State and local ....
12
13
18.4
15.4
19.1
15.7
192
15.9
19.1
16.4
19.2
16.9
19.5
17.3
19.8
17.9
19.8
18.4
20.1
18.8
20.3
19.3
20.5
19.8
20.0
20.3
20.6
20.8
21.1
21.4
21.8
21.8
21.6
222
Households and institutions
Private households
Nonprofit institutions
Addendum:
Gross domestic business product less housing
14
Table 1.8.—Gross Domestic Product by Sector in Constant Dollars: Annual, 1929-58, and Quarterly, 1947-58
[Billions of 1987 dollars; quarters seasonally adjusted at annual rates]
Line
Gross domestic product.
Business ...
Nonfarm
Nonfarm less housing
Farm
Statistical discrepancy
Households and institutions
Private households
Nonprofit institutions
1929
Business
Nonfarm
Nonfarm less housing .
Housing
Farm .
Statistical discrepancy .
Households and institutions ,
1936
1937
1938
1939
1940
1941
691.3
599.7
587.1
632.6
681.3
7773
811.4
778.9
840.7
9063
1,070.6
630.8
574.7
4873
4723
504.9
5462
6263
6623
623.6
6822
7375
864.1
654.7
617.5
372
442
7.5
591.7
554.7
37.0
42.9
-3.8
520.3
483.5
368
47.9
6.5
4382
401.8
36.5
47.4
462.2
425.6
36.6
38.9
3.8
505.9
469.3
36.6
42.1
-13
575.6
539.0
36.5
39.9
618.4
5812
37.1
44.4
2.1
420.0
384.6
35.3
47.4
5.0
2
623.5
584.2
39.3
47.6
10.8
573.4
534.8
38.6
44.6
5.7
11.1
684.0
643.6
40.4
44.3
92
812.4
769.8
42.6
48.1
35
383
373
35.6
325
31.4
335
34.7
365
38.0
36.8
382
412
41.6
205
19.1
18.8
17.0
185
14.6
18.0
13.8
17.6
15.7
17.8
16.4
18.3
17.5
19.0
18.4
19.6
16.8
20.0
18.0
20.2
18.9
22.3
17.9
23.7
80.1
81.0
79.4
83.4
94.1
100.4
115.1
110.4
1185
120.3
1272
1643
16.7
59.9
18.1
62.0
172
63.8
16.4
63.0
202
632
26.6
67.5
29.3
71.1
48.7
66.4
42.1
68.3
47.3
71.1
48.2
72.1
54.7
72.6
91.9
73.1
663.1
587.5
531.6
445.0
431.0
462.6
620.4
579.7
637.7
816.3
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1
1,6703
1,602.6
1,2711
1,252.8
1,300.0
1,3055
1,418.5
1,558.4
1,6243
1,6855
1,6733
1,7683
1,803.6
Line
Gross domestic product....
1933
7483
185
Addendum:
Gross domestic business product less housing .
1932
706.4
General government
Federal
State and local .
1930
8213
2
1,1412
1,0911
1,007.7
1,0383
1,0782
1,073.5
1,174.2
1,2605
1,305.0
1,3643
1.356.4
1,447.4
1,475.1
3
4
5
6
7
1,076.7
1,026.0
50.6
47.7
16.8
1,021.7
969.8
51.9
45.6
24.7
9583
905.3
53.5
44.9
4.0
989.0
932.4
56.6
40.9
8.8
1,039.3
979.4
59.8
44.4
-5.5
1,024.7
960.6
64.2
44.1
4.7
1,123.3
1,054.3
69.0
46.4
4.4
12035
1,128.9
74.7
44.4
12.4
1,2515
1,171.6
80.8
44.8
7.6
1,305.1
1,219.1
86.0
472
11.8
1,298.1
1.206.5
91.6
48.3
10.0
1,3932
1,296.1
972
49.3
43
1,437.8
1,335.0
102.8
48.1
-10.7
8
40.7
413
416
46.3
503
525
55.6
57.1
57.7
59.7
613
665
703
Private households .
Nonprofit institutions .
9
10
14.4
26.3
14.3
26.7
13.1
29.4
14.1
32.3
13.8
37.1
13.8
38.7
15.0
40.6
14.8
42.3
13.6
442
13.3
46.4
General government ...
12.6
48.5
14.9
51.8
11
488.1
469.6
221.8
167.7
54.7
171.0
179.4
188.8
2403
2622
261.7
256.4
2542
12
13
419.9
68.2
399.4
702
147.1
74.8
872
80.5
258.1
88.3
82.7
90.8
88.6
972
91.6
1472
93.7
165.4
96.7
160.7
101.0
151.0
105.4
144.1
110.1
141.0
117.1
14
1,035.4
1,035.1
0:9.5
977.2
1,012.9
1,003.4
1,099.0
1,179.4
1217.7
1,271.5
1258.0
1,343.4
1,365.5
Federal
State and local .
Addendum:
Gross domestic business product less housing .
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
15.6
Table 1.8.—Gross Domestic Product by Sector in Constant Dollars: Annual, 1929-58, and Quarterly, 1947-5&-Continued
[Billions ol 1987 dollars; quarters seasonally adjusted at annual rates]
1947
1948
1949
Une
I
11
III
IV
1
It
111
1950
IV
1
ll
111
IV
I
II
til
IV
1
1,2395
12472
1,255.0
1,269.5
1,284.0
1,295.7
1303.8
1316.4
1,3053
1,302.0
1,312.6
1,301.9
1,350.9
1393.5
1,445.2
1,4845
2
1,0225
1,035.7
1,040.6
1,056.3
1,0655
1,077.7
1,0802
1,0892
1,075.8
1,0693
1,0802
1,0682
1,1173
1,156.3
1,202.6
12195
Nonfarm
Nonfarm less housing
Housing
Farm.—
Statistical discrepancy
3
4
5
6
7
979.7
924.2
55.5
42.3
.5
9892
933.0
562
36.7
9.8
982.8
925.9
56.9
47.4
10.4
1,005.0
947.3
57.7
37.3
14.1
1,028.2
969.7
58.5
402
-2.8
1,040.9
981.6
59.3
46.7
-10.0
1,039.2
978.9
603
43.9
-2.8
1,0492
987.9
61.3
46.9
-6.8
1,033.3
970.9
62.4
43.0
-.4
1.025.1
961.6
63.6
43.0
1.8
1,0282
963.5
64.7
44.4
75
1,011.9
946.0
65.9
46.2
10.1
1.054.3
987.2
67.1
48.3
15.4
1,105.4
1,037.0
68.4
46.5
4.5
1,157.3
1,087.7
69.7
44.7
.6
1.176.3
1,105.3
71.0
46.3
-2.8
Households and institutions
8
45.7
45.0
47.1
475
50.6
503
51.5
505
51.3
522
51.7
543
55.7
55 5
543
56.2
9
10
132
325
13.6
31.5
14.8
32.3
14.6
32.9
13.8
36.8
13.8
37.1
14.1
375
13.7
36.9
13.3
38.0
13.4
38.8
13.4
38.3
15.0
39.9
15.3
40.4
14,8
40.6
152
39.7
14.6
41.6
General government
11
1713
1665
1673
165.7
168.0
167.2
172.0
176.6
1782
180.0
180.7
1783
1772
181.7
187.6
208.4
Federal
State and local
12
13
92.8
78.6
86.5
80.0
86.0
81.3
83.6
822
85.9
82.0
85.2
82.0
89.3
82.7
92.7
84.0
92.3
85.9
92.1
87.9
91.0
89.7
87.8
91.1
85.9
91.3
90.3
91.4
96.0
91.6
116.5
91.9
1
II
III
IV
1
II
III
IV
I
II
HI
IV
1
II
111
IV
1
1,504.1
1,5483
1,585.4
1,596.0
1,607.7
1,612.1
1,6213
1,6573
1,6873
1,6953
1,6873
1,6712
1,660.8
1,658.4
1,677.7
1,6983
Gross domestic product
Business
Private households
Nonprofit institutions
Addendum:
Gross domestic business product less housing
14
1952
1951
1953
1954
Line
Gross domestic product
Business
2
1,2285
1,2523
1,276.4
1,284.0
1,289.7
1,291.4
1,300.1
1,338.7
1,3653
1,3725
1,3643
1,3523
1,344.7
1,342.7
1,360.7
1,377.4
Nonfarm
Nonfarm less housing
Housing
Farm
Statistical discrepancy
3
4
5
6
7
1,179.3
1,106.9
72.4
41.8
7.4
1,193.8
1,119.9
73.9
43.9
15.2
1,211.4
1,135.9
75.5
46.8
18.2
1,230.0
1,152.9
77.1
45.2
8.9
1234.8
1,156.1
78.7
43.7
112
1241.1
1,160.9
802
44.6
5.7
1247.8
1,1662
81.6
47.3
5.0
12862
1203.4
82.9
43.9
8.5
1,308.5
1.224.5
84.1
472
10.1
1,315.0
1,229.7
85.3
48.0
9.6
1,308.8
1222.2
86.6
462
9.9
1,288.0
1200.0
68.0
47.3
17.5
1.286.0
1,196.5
89.4
485
10.3
1,285.0
1,194.1
90.9
47.4
10.3
1299.7
1207.3
92.4
48.6
12.4
1,321.8
1,228.0
93.8
48.8
63
Households and Institutions
8
57.8
57.0
56.4
57.0
58.0
573
57.9
57.6
59.4
60.4
604
583
59.0
59.7
60.7
64.7
9
10
15.6
422
14.8
422
15.0
41.5
13.6
43.4
122
45.8
13.8
435
14.9
43.0
13.4
44.3
12.5
46.8
135
46.8
14.0
46.3
13.2
45.7
12.1
46.9
12.1
47.6
12.3
48.4
13,7
51.0
General government
11
217.7
238.3
252.6
254.9
260.0
263.3
2633
2615
2622
262.4
262.7
259.6
257.1
256.0
256.3
256.2
Federal
State and local
12
13
1252
92.5
145.0
93.3
158.5
94.1
159.9
95.0
164.4
95.6
167.1
962
166.9
97.1
163.3
98.1
163.0
99.2
162.1
100.3
161.1
101.7
156.7
102.8
153.3
103.8
151.3
104.7
150.5
105.8
149.1
107.1
IV
til
IV
Private households
Nonprofit institutions
L.1L..1..!"..
Addendum:
Gross domestic business product less housing
14
Gross domestic product
Business
Nonfarm
Nonfarm less housing
Housing
Farm
Statistical discrepancy ....
Households and Institutions
Private households
Nonprofit institutions
government
Federal
State and local
:
Addendum:
Gross domestic business product less housing
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
1
II
III
I
II
1958
1957
1956
1955
Line
1
II
111
IV
1
II
III
IV
1
1,7425
1,758.6
1,7782
1,793.9
1,787.0
1,798.5
1,8022
1,826.6
1,836.4
1,8343
1,8512
1,830.5
1,790.1
1,804.4
1,840.9
1,8803
2
1,4245
1,440.7
1,456.6
1,467.8
1,462.3
1,472.7
1,472.0
1,493.6
1502.1
1,498.7
1,512.7
1,495.4
1,4543
1,463.6
1,497.4
1536.1
3
4
5
6
7
1,366.4
1,2712
952
47.9
102
1,387.8
1291.3
96.5
49.4
3.5
1,401.1
1,303.3
97.8
50.3
5.2
1.417.5
1,318.4
99.1
49.5
.8
1,420.7
1,3202
100.5
47.0
-5.4
1,435.8
1,333.9
101.9
47.9
-11.0
1,436.4
1,332.9
103.5
48.1
-12.6
1,458.1
1,352.9
105.1
49.5
-14.0
1,463.4
1,356.5
106.9
45.7
-6.9
1,464.9
1,356.3
108.6
45.3
-11.5
1,470.4
1,360.1
110.3
46.1
-3.8
1,453.2
1,341.2
112.0
48.2
-6.0
1,418.7
1,305.1
113.6
47.5
-12.1
1,4202
1,305.0
115.2
47.3
-4.0
1,449.0
1,332.3
116.8
462
2.1
1,493.3
1.374.9
118.4
45.4
-2.6
8
62.7
653
67.7
70.8
693
693
70.8
713
72.4
72.6
723
72.6
743
77.7
763
76.6
g
10
142
48.6
14.0
51.3
15.1
52.6
163
54.5
15.9
53.4
15.4
53.9
15.6
552
15.3
56.5
15.0
57.4
15.3
57.3
15.6
57.3
15.2
57.5
14.7
60.2
162
61.5
16.0
60.9
15.6
61.0
11
2552
252.6
2533
2552
255.5
256.5
2593
2613
2613
2635
265.6
262.4
2612
263.1
266.6
268.2
12
13
147.3
107.9
143.6
109.0
143.0
110.8
142.6
112.7
141.7
113.7
140.2
116.3
141.0
118.3
141.2
120.1
140.9
120.9
141.2
122.3
141.3
124.3
136.1
126.3
1335
127.7
133.1
130.1
134.4
132.2
1342
134.0
14
Table 1.9.—Relation of Gross Domestic Product, Gross National Product, Net National Product, National Income, and Personal
Income: Annual, 1929-58, and Quarterly, 1946-58
[Billions of dollars; quarters seasonally adjusted at annual rates]
Line
1929
1932
1931
1930
1934
1933
1938
1937
1936
1935
1941
1940
1939
1942
100.0
125.0
1585
58.0
55.6
65.1
72.3
82.7
903
843
90.8
.5
.4
.4
5
.6
.7
.6
.7
.6
.7
.7
.3
.2
.1
2
2
.3
.3
2
.3
2
2
.2
91.1
763
583
553
65.4
72.7
83.0
912
853
913
100.4
1255
1593
9.7
7.5
-22
9.1
7.5
-1.6
7.9
7.1
-.9
7.6
6.7
-.9
7.9
6.6
-1.4
7.9
6.6
-1.3
8.0
6.7
-1.3
8.9
6.8
-2.1
9.1
6.9
-22
9.0
7.0
-2.0
9.4
-22
102
7.9
-13
112
9.0
-22
Gross domestic product
1
103.1
90.4
Plus: Receipts of factor income from the rest of the
world'.
Less: Payments of factor income to the rest of the
world*.
2
1.1
1.0
3
.4
.3
Equals: Gross national product
4
103.9
Less: Consumption of fixed capital
Capital consumption allowances
Less: Capital consumption adjustment ....
5
6
7
9.9
7.4
-2.5
75.8
72
Equals: Net national product
8
94.0
81.3
672
50.4
48.3
575
643
753
813
762
822
913
1153
1473
Less: Indirect business tax and nontax liability
Business transfer payments
Statistical discrepancy
Plus: Subsidies less current surplus of government
enterprises.
9
10
11
12
7.1
.4
1.0
-2
72
.4
-5
-.1
6.9
.4
.8
-1
6.8
.5
2
-.1
7.1
.4
.5
0
7.8
.4
.4
.2
8.2
.4
-.2
.3
8.7
.4
1.3
0
92
.4
0
0
92
.3
.7
2
9.4
.3
1.3
.5
10.1
.3
1.1
.4
11.4
.3
.5
0
11.9
.4
-.9
.1
Equals: National Income
13
853
74.1
59.0
423
402
49.0
56.7
64.6
717
662
715
79.9
103.1
1365
Less: Corporate profits with inventory valuation and
capital consitfnption adjustments.
Net interest
Contributions for social insurance
Wage accruals less disbursements
Plus: Personal interest income
Personal dividend income
Government transfer payments to persons .
Business transfer payments to persons
14
102
6.9
2.4
-.7
-.7
1.9
3.4
5.6
6.4
4.3
5.9
92
14.8
20.1
15
16
17
18
19
20
21
4.6
.3
0
6.8
5.8
.9
.4
4.8
.3
0
6.3
5.5
1.0
.4
4.8
.3
0
6.3
4.1
2.1
.4
4.4
.3
0
5.9
25
1.4
5
3.9
.3
0
5.4
2.0
1.5
.4
3.9
.3
0
55
2.6
1.6
.4
3.9
.4
0
5.4
2.8
1.8
.4
3.7
.7
0
52
4.5
2.9
.4
3.6
1.9
0
5.4
4.7
1.9
.4
3.5
2.0
0
52
32
2.4
.3
35
22
0
52
3.8
25
.3
32
2.4
0
5.2
4.0
2.7
.3
32
2.8
0
5.3
4.4
2.6
.3
3.1
3.5
0
5.1
4.3
2.7
.4
Equals: Personal Income
22
842
753
64.4
49.1
46.0
523
595
67.8
732
675
713
77.4
94.9
1213
Addenda:
Net domestic product (1-5)
Domestic income (13-2+3)
Gross national income (4-11)
23
24
25
932
84.6
102.9
80.6
73.4
91.6
66.7
58.5
75.5
50.0
42.5
58.1
48.0
39.9
55.4
572
48.7
64.9
64.5
56.4
72.9
74.7
64.3
81.7
81.9
72.3
91.2
75.8
65.8
84.6
81.8
712
89.9
90.7
79.6
99.3
114.8
102.7
125.1
147.3
136.1
159.9
Gross domestic product
1
2113
213.1
2113
2343
2603
2593
287.0
331.6
349.7
3703
370.9
4043
4262
448.6
454.7
Plus: Receipts of factor income from the rest of the
uhvIH
wona 1.
Less: Payments of factor income to the rest of the
world*
2
.8
.8
1.1
1.6
2.0
1.9
2.2
2.8
2.9
2.9
3.1
35
4.0
4.3
3.9
3
.3
.4
.4
.4
.5
.6
.7
.8
.8
.9
.9
1.0
1.1
1.2
12
Line
1944
1945
1947
1946
1949
1948
1951
1950
1952
1954
1953
1955
1956
1957
195S
Equals: Gross national product
4
2115
2135
2116
2355
2613
260.7
2885
3335
3513
3710
373.1
4063
429.1
4513
4575
Less: Consumption of fixed capital
Capital consumption allowances
Less: Capital consumption adjustment
5
6
7
11.9
10.4
-1.6
12.4
10.8
-15
142
9.5
-4.7
17.6
11.6
-6.0
20.4
13.7
-6.7
21.9
15.7
-62
23.6
17.4
-62
27.1
20.0
-7.1
29.1
22.1
-7.0
30.9
24.7
-62
32.4
27.1
-5.3
34.4
30.3
-4.1
38.1
33.1
-5.0
41.1
35.9
-52
42.7
375
-5.1
Equals: Net national product
8
1995
201.1
198.4
217.9
241.4
238.7
2643
3065
3217
341.1
340.6
3714
391.1
410.7
4143
Less: Indirect business tax and nontax liability
Business transfer payments
Statistical discrepancy
Plus: Subsidies less current surplus of government
enterprises.
9
10
11
12
142
.4
2.6
.6
15.6
.5
3.9
.7
172
.4
.7
3
18.6
.4
1.8
-2
20.3
.4
-1.2
-2
21.5
.4
1.0
-2
23.5
5
1.0
.1
25.3
.7
2.9
2
273
.8
1.8
-2
29.8
.9
2.8
-5
29.7
.8
2.4
-.8
32.3
.9
12
-1.0
35.1
1.0
-2.8
-5
37.6
1.1
-1.9
-2
38.7
1.1
-1.1
0
Equals: National Income
13
1823
181.8
1803
1963
2213
2155
240.0
277.7
292.1
3073
307.0
337.1
3572
373.7
378.0
Less: Corporate profits with inventory valuation and
capital consumption adjustments.
Net interest
Contributions for social insurance
Wage accruals less disbursements
Plus: Personal interest income
Personal dividend income
Government transfer payments to persons
Business transfer payments to persons
14
24.4
19.8
172
23.1
30.5
28.4
352
40.2
38.0
38.1
372
47.7
46.4
46.0
412
15
16
17
18
19
20
21
13
52
-2
5.1
4.6
3.1
.4
2.1
6.3
0
5.8
4.7
5.6
5
1.8
7.7
0
6.6
5.6
10.8
.4
2.4
6.7
0
75
6.3
112
.4
14
6.0
0
8.1
7.0
10.6
.4
2.7
65
0
8.8
72
11.7
.4
3.0
7.4
0
9.7
8.8
14.4
5
35
8.8
.1
105
8.6
11.6
.7
3.8
9.3
0
112
8.6
122
.8
4.5
95
117
8.9
13.1
.9
5.4
105
0
13.9
9.3
15.3
.8
6.1
110
0
15.3
10.6
16.4
.9
6.8
13.5
0
17.0
11.4
175
1.0
7.9
155
0
19.0
11.8
20.3
1.1
9.7
153
0
205
11.6
24.7
1.1
Equals: Personal Income
22
164.4
170.0
177.7
190.1
209.0
206.1
227.8
2565
273.7
290.4
293.0
3145
3375
3565
3672
Addenda:
Net domestic product (1-5)
Domestic income (13-2*3)
Gross national income (4-11)
23
24
25
199.1
182.4
208.9
200.8
181.4
209.6
197.7
180.2
211.9
216.7
195.7
233.7
239.9
220.3
263.1
237.4
2142
259.6
263.4
238.5
287.6
304.5
275.7
330.7
3205
290.0
350.0
339.1
305.0
369.1
3385
304.8
370.7
369.9
3345
4055
3882
354.4
431.9
4075
3705
453.6
4110
3732
4585
See footnote(s) at end of table.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
Table 1.9.—Relation of Gross Domestic Product, Gross National Product, Net National Product, National Income, and Personal
Income: Annual, 1929-58, and Quarterly, 1946-58-Continued
[Billions of dollars; quarters seasonally adjusted at annua) rates)
1946
1947
1948
Line
1
II
III
IV
Gross domestic product
1
199.7
207.7
2173
Plus: Receipts of factor income from the rest of the
world'.
Less: Payments of factor income to the rest of the
world*.
2
1.0
1.0
1.1
3
.3
.4
.4
Equals: Gross national product
4
2003
208.4
Less; Consumption of fixed capital
Capital consumption allowances
Less: Capital consumption adjustment .
5
6
7
12.6
9.1
-35
1
II
III
IV
i
1949
III
II
IV
1
II
1950
III
IV
I
II
226.7
2305
2343
245.0
251.1
2583
2653
2665
261.6
258.1
2593
257.7
2683
277.9
12
1.4
1.6
1.6
1.8
1.9
2.0
2.1
2.0
2.1
2.0
1.9
1.8
1.9
2.0
.4
.4
.4
.4
5
.5
5
.6
5
.6
.6
.6
.6
.6
.7
218.6
2233
227.8
231.7
236.1
2463
2525
259.9
2663
268.1
2634
2595
2612
2583
269.6
2793
13.7
9.3
-4.4
14.8
9.6
-52
15.8
10.0
-5.8
16.7
10.5
-62
17.3
11.4
-5.9
17.8
11.9
-5.9
185
12.5
-6.0
192
13.0
-62
19.9
13.4
-6.5
21.0
13.9
-7.0
215
145
-7.0
21.6
15.1
-65
22.0
15.5
-65
22.0
15.9
-6.1
22.2
16.3
-5.9
22.5
16.8
-5.6
23.0
17.1
-5.9
Equals: Net national product
8
187.7
1943
203.8
2073
211.1
214.4
2183
227.8
233.4
240.0
2453
246.6
241.4
2375
239.2
236.7
247.1
2562
Less: Indirect business tax and nontax liability .
Business transfer payments
Statistical discrepancy ..
Plus: Subsidies less current surplus of government
enterprises.
9
10
11
12
16.5
.4
1.6
1.7
17.0
.4
1.0
1.3
17.6
.4
12
2
17.8
.4
-.8
.1
18.1
.4
.1
-.1
18.2
.4
2.0
-.2
18.5
.4
2.1
-2
19.5
.4
3.0
-.3
19.5
.4
-.6
-.3
202
.4
-22
-.4
20.6
.4
-.6
-.1
20.8
5
-1.5
.1
20.9
.4
-.1
-.1
21.4
.4
.4
-.3
21.8
.4
1.6
-.2
21.8
.4
22
-2
22.1
.5
3.3
0
23.0
.5
1.0
.1
Equals: National Income
13
1703
177.7
184.9
190.0
192.4
193.7
1963
2045
213.8
221.1
2254
2273
2204
2154
215.1
212.1
221.2
231.8
Less: Corporate profits with inventory valuation and
capital consumption adjustments.
Net interest
Contributions for social insurance
Wage accruals less disbursements
Plus: Personal interest income .
Personal dividend income
Government transfer payments to persons ..
Business transfer payments to persons
14
14.3
16.9
17.7
20.1
19.8
23.5
23.7
25.4
29.4
31.0
30.1
31.7
30.4
28.0
293
26.0
29.5
33.1
15
16
17
18
19
20
21
1.7
7.7
.8
6.3
5.1
11.8
.4
1.8
82
-.9
6.6
5.5
11.0
.4
1.8
7.9
0
6.8
5.7
10.6
.4
1.9
7.1
0
6.9
6.1
9.9
.4
2.4
7.5
0
7.5
6.0
10.1
.4
2.4
7.1
0
7.6
6.3
9.9
.4
2.4
6.3
0
7.6
6.5
13.8
.4
2.3
6.0
0
7.7
6.5
10.9
.4
2.5
6.1
.1
8.0
7.0
11.0
.4
2.4
5.9
.1
8.1
6.7
10.8
.4
2.4
6.0
-.2
8.1
7.1
105
.4
2.4
6.0
.1
82
7.3
10.2
.5
2.6
6.8
.1
85
7.2
11.0
.4
27
6.7
-.3
8.7
72
11.6
.4
2.7
6.5
0
8.8
7.1
12.1
2.7
6.3
0
9.0
7.4
12.4
.4
2.9
72
0
9.3
8.3
20.7
.5
3.0
7.2
0
9.6
8.4
142
5
Equals: Personal Income
22
170.1
1752
181.0
1843
186.7
184.9
1923
1962
2022
207.6
213.1
213.1
2072
2053
2052
2063
220.4
221.2
Addenda:
Net domestic product (1-5) ....
Domestic income (13-2+3)
Gross national income (4-11).
23
24
25
187.1
170.3
198.7
194.1
177.0
2075
203.1
184.2
217.5
206.4
189.1
223.8
210.0
191.4
227.7
213.3
192.6
229.8
217.1
195.8
233.9
226.5
203.3
243.3
231.9
212.3
2532
238.4
219.6
262.1
244.3
223.8
267.4
245.1
225.5
269.6
240.0
218.6
263.1
236.1
213.6
259.1
237.9
213.8
259.6
2355
210.9
256.7
245.8
2193
266.3
254.9
230.5
278.3
371.8
3663
3663
366.6
2.8
2.8
3.0
3.0
.9
.9
.9
1950
III
Gross domestic product
Plus: Receipts of factor income from the rest of the
world1.
less: Payments of factor income to the rest of the
world*
Equals: Gross national product
less: Consumption of fixed capital
Capital consumption allowances
less: Capital consumption adjustment ....
Equals: Net national product
Less: Indirect business tax and nontax liability
Business transfer payments
Statistical discrepancy
Plus: Subsidies less current surplus of government
enterprises.
Equals: National income
Less: Corporate profits with inventory valuation and
capital consumption adjustments.
Net interest
Contributions for social insurance
Wage accruals less disbursements
rius: Personal interest income
Personal dividend income
Government transfer payments to persons ..
Business transfer payments to persons
Equals: Personal income
Addenda:
Net domestic product (1-5)
Domestic income (13-2+3)
Gross national income
(4-11)
See footnote(s) at end of table.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
1952
1951
I
IV
I
IV
IV
III
II
3405
3432
343.7
349.6
362.2
369.0
372.4
3.0
2.8
2.9
2.9
2.9
2.8
3.0
.8
.7
.8
.8
295.3
306.7
321.6
329.1
335.8
2.4
2.4
2.4
2.8
2.9
.7
.7
.8
296.9
308.4
323.2
331.1
3373
3423
345.3
3453
351.7
3642
3713
3745
373.7
368.7
368.4
368.7
24.0
17.7
-6.3
25.0
18.1
-6.8
26.3
18.9
-7.4
26.9
19.7
-72
27.4
20.4
-7.0
28.0
21.1
-5.9
28.5
21.4
-7.0
29.0
21.9
-72
29.2
22.3
-6.9
29.8
22.9
-6.9
30.1
23.5
-6.7
307
24.3
-6.4
31.3
25.1
-62
31.4
25.9
-5.5
31.8
26.2
-5.6
32.2
26.8
-5.5
272.9
283.4
296.9
3042
3105
3143
3163
316.8
3225
334.4
3403
3433
3424
3373
336.6
3365
24.9
.5
.1
25.7
.6
1.7
.3
24.7
25.1
.7
4.3
0
26.0
.7
2.1
.1
26.7
.7
2.7
-.1
27.6
3
I.4
-2
28.0
0
24.0
.6
-.6
.3
29.9
.9
2.3
-.6
30.0
.9
2.4
-.4
29.9
.9
42
-3
29.4
.8
25
-1.0
29.6
.7
2.5
-.5
247.3
259.8
2692
275.6
290.4
2855
37.6
40.7
39.5
402
415
38.8
3.0
7.5
3.1
7.9
.1
3.5
8.8
-.1
10.4
8.7
11.7
.6
3.6
8.8
.8
3.6
9.0
3.7
9.3
10.6
10.7
8.8
11.8
.7
10.8
8.2
11.6
.7
11.0
8.6
11.8
.7
.6
3.6
.3
.8
.8
28.8
5
12
21
-2
-.4
29.4
.9
2.4
-.3
286.9
2923
302.4
3073
3102
365
363
41.1
40.2
39.1
321
34.4
35.7
3.8
92
.1
4.0
9.5
0
11.7
8.8
12.8
3
4.3
9.6
0
121
8.4
12.8
.9
4.4
9.7
8.7
II.8
.8
3.9
9.3
-.3
11.3
8.6
12.6
.8
12.5
92
12.9
.9
4.5
9.5
-.1
12.7
9.0
13.1
3
4.9
9.4
-.1
13.3
8.9
13.6
.9
5.1
10.5
0
13.6
9.4
14.4
.8
5.3
10.5
0
138
8.9
15.1
.7
301.4
3032
.5
.6
3.3
8.7
2
10.3
8.4
11.4
.6
229.9
239.6
243.2
2552
258.7
264.1
266.1
269.6
2765
2825
287.1
2913
291.6
2915
291.1
2902
2712
245.6
296.8
281.7
258.1
309.0
295.3
267.6
321.4
302.3
273.6
327.5
308.4
278.3
333.6
312.0
283.4
3402
314.7
2845
342.7
314.7
284.8
344.5
320.4
2902
3505
332.4
300.3
3622
338.8
305.8
368.5
341.7
308.0
3722
340.5
306.8
371.3
335.3
2995
3645
334.6
300.8
365.9
301.1
3662
0
9.9
92
112
10.0
9.6
1t.4
-.6
.1
-.1
334.4
Table 1.9.—Relation of Gross Domestic Product, Gross National Product, Net National Product, National Income, and Personal
Income: Annual, 1929-58, and Quarterly, 1946-58—Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]
IV
III
11
I
11
1
1958
1957
1956
1955
Line
IV
III
I
IV
III
II
I
II
III
IV
Gross domestic product
1
3925
400.6
408.9
4152
417.6
423.1
4275
4365
4445
446.6
4535
4495
4415
445.8
459.1
4725
Plus: Receipts of factor income from the rest of the
2
3.4
3.5
3.6
3.7
4.0
4.0
4.1
3.8
4.3
4.6
45
3.8
3.9
3.9
3.9
4.0
3
.9
1.0
1.0
1.0
1.1
1.0
1.1
1.1
1.1
1.1
12
12
12
1.1
12
1.3
Equals: Gross national product
4
3945
403.1
411.4
4175
4205
4265
4305
4392
448.1
450.1
4572
451.7
444.4
448.6
4615
4754
Less: Consumption of fixed capita]
Capital consumption allowances
Less: Capital consumption adjustment
5
6
7
33.4
28.9
-4.4
33.9
29.7
-42
34.7
31.1
-3.6
35.5
31.6
-4.0
36.7
325
-4.3
37.6
32.8
-4.7
38.6
332
-5.4
39.3
33.7
-5.5
40.3
34.6
-5.7
40.8
355
-5.3
41.4
36.4
-5.0
41.9
37.1
-4.8
41.8
37.3
-45
42.5
372
-5.3
43.0
37.7
-5.3
43.5
38.3
-52
Less: Payments of factor income to the rest of the
world*.
Equals: Net national product
8
3615
3692
376.7
3825
3835
3885
3922
3995
4075
4095
4155
409.7
4025
406.1
418.8
4315
Less: Indirect business tax and nontax liability
Business transfer payments
Statistical discrepancy
Plus: Subsidies less current surplus of government
enterprises.
9
10
11
12
31.1
5
2.5
-.9
32.0
.9
.9
-.8
32.7
.9
1.3
-1.1
33.3
1.0
2
-1.0
33.9
1.0
-1.4
-.9
345
1.0
-2.8
-.7
355
1.0
-32
-.3
36.6
1.0
-3.6
-.1
37.1
1.0
-1.8
0
375
1.1
-3.1
-.1
38.0
1.1
-1.0
-.3
37.7
1.1
-1.6
-.4
37.8
1.1
-32
-.3
38.3
1.1
-1.1
-.1
38.8
1.1
.6
.1
40.0
1.1
-.7
2
Equals: National Income
13
326.2
334.6
340.6
346.9
349.4
3552
358.6
3655
3715
373.7
3775
372.1
3665
367.6
378.4
391.4
Less: Corporate profits with inventory valuation and
capital consumption adjustments.
Net interest
Contributions for social insurance
Wage accruals less disbursements
Plus: Personal interest income
Personal dividend income
Government transfer payments to persons
Business transfer payments to persons
14
46.2
47.4
47.9
49.0
46.7
46.7
45.7
465
47.9
46.9
465
42.7
37.3
37.9
41.9
47.7
15
16
17
18
19
20
21
5.9
11.6
.1
14.6
10.1
16.1
.8
6.1
11.8
.5
15.0
10.2
16.4
.9
6.3
12.3
-.6
15.6
10.9
16.5
.9
6.2
12.4
0
15.9
11.0
16.6
1.0
6.5
13.0
0
16.3
11.3
17.1
1.0
6.8
13.3
0
16.9
11.3
17.3
1.0
6.9
13.7
0
172
11.3
17.8
1.0
6.8
14.0
0
17.7
11.8
18.1
1.0
75
15.3
0
182
11.7
19.0
1.0
7.8
15.4
0
18.8
11.9
202
1.1
82
15.7
0
19.4
12.0
205
1.1
82
15.6
0
19.8
11.7
21.8
1.1
9.0
15.6
.6
20.0
11.6
232
1.1
95
15.7
.6
20.2
11.7
25.1
1.1
9.9
162
-1.3
20.9
11.7
255
1.1
10.3
162
0
21.5
11.4
25.1
1.1
Equals: Personal Income
22
3045
311.3
318.6
323.9
328.7
335.0
3395
3465
3505
3555
360.1
3605
3595
362.0
370.7
376.3
Addenda:
Net domestic product (1-5)
Domestic income (13-2+3)
Gross national income (4-11)
23
24
25
358.9
323.7
392.3
366.7
332.1
402.3
374.1
338.0
410.1
379.7
3442
417.6
380.8
346.4
421.9
385.5
3522
428.8
3892
355.6
434.0
3972
3632
442.8
404.6
368.4
449.9
405.8
3702
453.1
412.5
3742
458.2
407.1
369.5
453.3
399.8
363.8
447.6
403.3
364.8
449.7
416.1
375.6
461.3
428.9
388.7
475.7
1. Consists largely of receipts by U.S. residants of interest and dividends and reinvested earnings of foreign affiliates of U.S. corporations.
2. Consists largely of payments to foreign residents of interest and dividends and reinvested earnings of U.S.
affiliates of foreign corporations.
Table 1.10.—Relation of Gross Domestic Product, Gross National Product, Net National Product, and National Income in Constant
Dollars: Annual, 1929-58, and Quarterly, 1947-58
[Billions of 1987 dollars; quarters seasonally adjusted at annual rates]
Une
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1941
1942
1943
1,0705
1,2845
1,5405
6.2
5.7
5.6
2.4
22
25
1,074.4
12884
1,543.6
97.1
97.7
96.3
8132
9775
1,190.7
1,4475
57.6
622
56.7
53.6
1940
Gross domestic product
1
8215
7485
6915
599.7
587.1
632.6
681.3
7775
8114
7785
840.7
9065
Plus: Receipts of factor income from the rest of the
world1.
Less: Payments of factor income to the rest of the
world*.
2
8.9
8.4
6.8
5.3
4.5
4.1
4.8
52
6.4
5.8
62
5.5
3
3.3
3.1
2.6
2.0
1.7
1.8
2.0
3.1
32
2.4
2.7
2.6
Equals: Gross national product
4
827.4
7542
6955
603.0
5895
6345
684.1
7805
8145
7822
8442
9085
Less: Consumption of fixed capital
5
97.6
99.7
100.1
99.3
97.3
95.9
94.7
94.4
945
95.3
95.0
955
Equals: Net national product
6
7295
6545
595.4
503.7
4925
5385
589.4
685.7
719.6
6865
7492
Less: Indirect business tax and nontax liability plus
business transfer payments less subsidies plus
current surplus of government enterprises.
Statistical discrepancy
7
46.0
42.7
41.1
37.2
38.8
41.1
45.1
49.6
53.0
50.8
535
8
75
-35
6.5
2.1
5.0
3.8
-15
10.8
2
5.7
11.1
92
3.6
-65
-12.4
Equals: National income
9
676.4
615.6
5475
464.4
4485
494.0
546.0
6255
666.4
6305
684.6
7465
9115
1,140.6
1,406.1
Addenda:
Net domestic product (1-5)
Domestic income (9-2+3)
Gross national income (4-8)
10
11
12
724.3
670.8
820.0
6492
610.3
758.0
5912
543.6
689.1
500.4
461.1
600.9
489.8
446.0
584.9
536.7
491.7
631.0
586.6
543.3
685.8
683.5
623.1
769.2
716.5
663.3
814.3
683.6
627.1
776.6
745.7
681.2
833.1
810.4
743.7
899.6
973.5
907.7
1,070.8
1,1872
1,137.1
1,294.9
1,444.1
1,403.0
1,556.0
See footnote(s) at end of table.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
Table 1.10.—Relation of Gross Domestic Product, Gross National Product, Net National Product, and National Income in Constant
Dollars: Annual, 1929-58, and Quarterly, 1947-58—Continued
[Billions of 1987 dollars; quarters seasonally adjusted at annual rates]
Line
Gross domestic product
Equals: Gross national product
Less: Consumption of fixed capital
Equals: Net national product
Less: Indirect business tax and nontax liability plus
business transfer payments less subsidies plus
current surplus of government enterprises.
Statistical discrepancy
1956
1,6733
1,768.3
1,803.6
13.9
15.5
16.9
4.3
4.4
4.8
5.0
1,6343
1,6942
1,6833
1,779.0
1,815.5
131.1
136.7
142.4
148.1
154.3
1.442.0
1,503.2
1,557.6
1540.9
1.631.0
1,661.2
99.4
104.4
109.9
1132
122.1
127.5
1950
1951
1952
1953
1,300.0
1,3055
1,4185
1,558.4
1,6243
1,6855
10.1
9.8
10.8
13.0
13.4
13.1
2.7
3.0
3.4
3.7
4.0
4.0
1.276.0
1,258.5
1,307.0
1,311.8
1,425.6
1,567.4
98.8
103.1
108.7
114.2
119.5
125.4
1,509.1
1,1772
1,155.5
1,198.3
1.197.6
1,306.0
59.6
73.1
77.8
81.9
852
93.1
1945
1946
1947
1,670.0
1,602.6
1,272.1
1,252.8
6.0
5.7
6.5
8.5
28
3.3
2.6
1,673.3
1,6053
95.3
95.9
1,5773
54.5
Plus: Receipts of factor income from the rest of the
world1.
Less: Payments of factor income to the rest of the
world*
1955
1949
1944
16.8
24.7
4.0
-5.5
4.7
4.4
12.4
7.6
11.8
10.0
4.9
-10.7
Equals: National Income
1,506.6
1,4243
1,100.0
1,0683
1,1213
1.107.7
1,208.5
1.330.1
1,3912
1,4353
1,417.7
1504.0
1.544.4
Addenda:
Net domestic product (1-5)
Domestic income (9-2+3)
Gross national income (4-8)
1,574.7
1.503.3
1.656.4
1,506.7
1,422.4
1,580.3
1,173.3
1.096.1
1272.0
1,149.7
1,063.1
1,249.7
1,191.2
1,114.9
1,312.6
1.191.3
1.101.4
1,307.1
1299.0
1201.5
1,421.2
1.433.1
1.321.2
1,5543
1,493.8
1,381.8
1,626.7
1,548.8
1,427.1
1,682.5
1,531.4
1.408.3
1,673.3
1,620.2
1,493.2
1.774.1
1,649.3
1.532.5
1,826.2
I
III
II
IV
I
1950
1949
1948
1947
Line
II
III
IV
1
li
III
IV
1
II
III
IV
Gross domestic product
1
1,2395
1,2472
1,255.0
1269.5
1,284.0
1295.7
1,3033
1,3164
1,3053
1,302.0
13126
13013
13503
13935
1,4452
1,4845
Plus: Receipts of factor income from the rest of the
world1.
Less: Payments of factor income to the rest of the
world*.
2
73
8.4
8.4
92
9.8
10.1
10.4
10.1
10.2
9.9
9.8
9.1
9.7
10.2
11.6
11.6
3
2.5
2.6
2.7
3.1
2.9
2.9
3.3
2.9
3.4
3.3
3.4
3.5
3.6
3.7
3.8
33
1,4923
Equals: Gross national product
4
1,2443
1252.9
1260.7
1275.6
1,2903
1,3023
1,3103
1,3235
1,312.1
1,308.6
1,318.9
1,307.6
13573
1,400.1
1,453.0
Less: Consumption of fixed capital
5
101.4
102.4
103.5
104.9
106.4
108.0
109.5
110.9
112.3
1135
114.8
116.1
117.4
118.8
120.2
121.7
Equals: Net national product
6
1,1435
1,150.6
1,1572
1,170.7
1,184.4
1,1943
1,201.4
1,212.5
1,1993
1,195.1
1,204.1
1,1915
1239.6
1,2813
1,332.7
1,370.6
Less: Indirect business tax and nontax liability plus
business transfer payments less subsidies plus
current surplus of government enterprises.
Statistical discrepancy
7
76.0
782
77.3
79.7
81.0
81.3
82.3
83.0
83.2
84.5
85.9
87.3
882
91.3
97.1
95.8
8
.5
93
10.4
14.1
-2.8
-10.0
-2.8
-6.8
-.4
1.8
7.5
10.1
15.4
4.5
.6
-2.8
1,123.6
1,1213
1,1364
1,117.0
1,1083
1,110.7
1,094.1
1,136.0
1,1855
12353
1277.6
1,187.7
1,116.4
1,312.9
1,194.3
1,114.8
1,313.8
1205.4
1,129.3
1,330.3
1,193.0
1,1102
1,312.5
1,1885
1,102.3
1,306.9
1,197.8
1,104.4
1,311.4
1,185.8
1,088.5
1297.5
1233.4
1,129.9
1,341.6
1,274.7
1,179.0
1,395.6
1,324.9
1227.1
1,452.3
1,362.8
1269.8
1,495.1
I
11
III
IV
Equals: National income
-
Addenda:
Net domestic product (1-5)
Domestic income (9-2+3)
Gross national income (4-8)
9
1,067.0
1,062.6
1,0695
1,077.0
1,1062
10
11
12
1,138.1
1,061.6
1,244.4
1,144.8
1,056.8
1243.2
1,151.5
1,063.7
1250.3
1,164.6
1,070.9
12615
1,177.6
1,099.4
1293.7
1954
1953
1952
1951
Line •
I
II
III
IV
1
II
III
IV
I
II
111
IV
Gross domestic product
1
1,504.1
1,548.3
1585.4
1596.0
1,607.7
1,612.1
1,6213
1,6573
1,6873
1,695.3
1,6873
1,6712
1,6603
1,6584
1,677.7
1,6983
Plus: Receipts of factor income from the rest of the
world1.
Less: Payments of factor income to the rest of the
112
13.0
135
14.1
13.3
13.7
13.5
132
13.1
13.6
12.6
13.0
13.5
13.5
13.6
14.8
2
4.4
4.4
4.3
4.3
1,7083
world*
Equals: Gross national product
-
3
4.1
4.1
4.1
4.0
3,8
4.0
4.1
42
42
42
4.3
4.6
4
1,5112
1,557.1
1^943
1,6062
1,6173
1,6213
1,6313
1,6663
1,6962
1,7043
1,6962
1,679.6
1,6693
1,6675
1,6863
129.0
130.4
1313
1332
134.5
135.9
137.4
138.8
140.2
141.7
143.2
1445
5
1232
124.7
126.1
127.6
Equals: Net national product
1,388.1
1,432.5
1,468.8
1,478.6
1,4883
1,491.4
1,4995
1,533.7
1,561.7
1,5683
1,558.9
15403
1,529.7
1,5253
1,5433
1,5644
6
Less: Indirect business tax and nontax liability plus
business transfer payments less subsidies plus
current surplus of government enterprises.
Statistical discrepancy
98.3
98.0
99.7
101.7
102.0
103.7
104.4
107.3
109.0
1093
110.4
111.4
111.1
111.6
113.9
116.1
7
7.4
15.2
18.2
8.9
11.2
5.7
5.0
8.5
10.1
9.6
9.9
175
10.3
10.3
12.4
6.8
8
1,350.9
1,368.1
1375.0
1,3813
1390.1
1,4173
1,4425
1,4503
1,4385
1,412.0
1,408.4
1,4033
1,4174
1,441.4
1,459.3
1,341.5
1,576.7
1,468.4
1,357.9
15973
1,478.7
1,365.5
1,606.0
1,481.7
1,3722
1,616.0
1,490.1
1,380.7
1,626.3
1.524.6
1.408.7
1,658.3
1,552.8
1,433.7
1,686.1
1,559.4
1,440.8
1,695.3
1,550.5
1.430.2
1.686.3
1532.4
1,403.6
1,662.2
1.520.6
1,399.2
1.659.7
.1516.7
1,394.8
1,6572
1,534.5
1,4082
1,674.5
1.553.8
1.430.9
1,702.0
IV
I
II
II
III
IV
less: Consumption of fixed capital
-—
Equals: National income
9
12824
1,3192
Addenda:
Net domestic product (1-5)
Domestic income (9-2+3)
Gross national income (4-8)
10
11
12
1,380.9
12752
1,503.8
1,423.6
1,310.4
1,541.9
1957
1956
1955
Line
<to>ss domestic product.
Pius: Receipts
of factor income from the rest of the
world1.
'^Payments of factor income to the rest of the
Gross national product
Less: Consumption offixedcapital
Equals: Net national product
Less: Indirect business tax and nontax liability plus
bt&mess transfer payments less subsidies plus
current surplus of government enterprises.
Statistical
dttcrenaivu
Equals: National Income.
JJit domestic product (1-5)
Domestic income (9-2+3}
Grass national income (4^8)
1,7425
1,758.6
1,778.2
1,793.9
1,7873
1,7985
1,8022
1,826.6
1,836.4
1,834.8
1,851.2
1,830.5
1,790.1
1,804.4
1,8403
1,8803
15.9
17.2
17.0
17.5
15.9
18.0
19.0
18.5
15.7
16.1
16.0
15.8
15.4
15.6
15.7
152
5.1
5.1
5.1
5.2
5.2
5.3
5.0
5.2
5.5
1,8912
4.5
4.8
4.9
4.9
5.0
4.8
5.1
1.753.3
1,769.1
1,7883
1,804.8
1,7992
1,810.6
1,814.6
1,837.4
1,849.3
1,848.8
1.864.6
1,841.0
1,800.8
1,815.4
1,851.4
147.3
148.8
150.3
151.9
153.5
155.1
156.6
158.0
159.3
160.5
161.6
162.7
163.8
164.9
166.0
1,6595
1,680.9
1,691.3
1,6895
1,704.1
1,6793
1,638.1
1,651.6
1,6865
1,7253
127.6
1283
1312
1312
133.0
132.5
131.1
133.5
135,6
137.9
145.9
1.607.4
1,621.9
1,640.1
1,6545
1,647.3
1,657.1
118.7
120.9
122.6
126.0
126.7
126.8
102
3.5
52
.8
-5.4
-11.0
-12.6
-14.0
-6.9
-11.5
-3.8
-6.0
-12.1
-4.0
2.1
-2.6
1,4785
1,497.4
1,5123
1,527.7
15263
1,5413
1,5445
15663
1,567.0
1,5693
1,574.8
1552.9
1,5192
1,522.1
1,548.7
15903
1596.6
1,467.7
1,743.0
1,611.3
1,486.9
1,765.6
1,629.4
1.501.6
1.783.7
1,6435
1.516.7
1,804.0
1,635.1
1513.7
1,804.6
1,644.9
1,5292
1,821.6
1,647.1
1,532.1
1,8272
1.670.1
1.555.2
1,851.4
1,6785
1,5542
1,856.2
1,6755
1,555.8
1,860.3
1.690.7
1561.5
1,868.4
1,668.9
1,542.5
1,847.0
1.627.3
1.508.4
1,813.0
1,640.6
1.511.1
1.819.4
1,676.0
1.5382
1,8492
1J15.0
1,579.6
1.893.8
1. Consists largely of receipts by U.S. residents of interest and dividends and reinvested earnings of foreign affili-
* * * of US.
Digitized
for cwporations.
FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
IV
III
2. Consists largely of payments to foreign residents of interest and dividends and reinvested earnings of U.S.
affiliates of foreign corporations.
Table 1.11.-Command-Basis Gross National Product in Constant Dollars: Annual, 1929-58, and Quarterly, 1947-58
[Billions of 1987 dollars; quarters seasonally adjusted at annual rates]
Line
1929
1931
1930
1932
1934
1933
1940
1939
1938
1937
1936
1935
1941
1942
1943
Gross national product
1
827.4
7542
6955
6033
5893
6343
684.1
7803
8145
7822
8442
9083
1,0744
1288.4
1,5416
Less; Exports of goods and services and receipts of
factor income from the rest of the world.
Plus: Command-basis exports of goods and services
and receipts of (actor income
2
44.9
382
31.5
24.9
24.3
26.4
28.6
30.6
38.3
365
383
423
45.3
32.0
27.9
44.6
40.8
34.5
28.6
28.9
315
34.4
345
40.9
41.6
413
47.1
50.7
403
37.4
Equals: Command-basts gross national product
8272
7563
6995
6063
594.4
6393
6893
784.1
817,1
7873
8473
9123
1,0793
12974
4
1(553.1
Addendum:
Terms of trade2
5
99.4
106.8
109.4
115.1
118.8
119.1
120.3
1132
106.8
113.9
1073
109.7
1110
127.9
1342
3
Line
1944
1946
1945
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1,6343
15942
1,6833
1,7793
13155
13503
1339.7
Gross national product
1
15733
15055
1276.0
1,2585
1,3073
13113
1 <425.6
15674
Less: Exports of goods and services and receipts of
factor income from the rest of the world.
Plus: Command-basis exports of goods and services
and receipts of factor income
2
30.6
385
732
875
703
69.6
633
772
75.7
72.6
76.0
833
943
102.8
895
3
43.0
562
88.5
96.8
77.9
763
63.1
735
763
76.0
79.4
902
1053
118.4
1073
Equals: Command-basis gross national product
4
1585.7
1,6223
1,2913
1,2673
13142
1,3185
1,4253
1563.7
1,6343
1597.6
1,6863
1,7853
13265
13665
13573
Addendum:
Terms of trade3
5
140.8
146.1
120.9
1105
1102
109.7
98.7
953
101.1
104.6
1045
108.4
111.7
1153
120.4
1947
1948
1950
1949
Line
1
111
II
IV
1
If
IK
IV
1
II
111
IV
1
II
111
IV
Gross national product
1
12443
12523
1,260.7
1,275.6
1,2903
1,3023
13103
13235
1,312.1
1,308.6
13183
1307.6
1357.0
1^400.1
1,4533
1,4923
Less: Exports of poods and services and receipts of
factor income from the rest of the world.
Plus: Command-basis exports of goods and services
and receipts of tactor income
2
87.9
91.3
89.1
813
75.4
69.2
705
67.9
75.0
743
68.8
60.4
60.4
61.6
64.4
68.7
3
985
1015
99.0
88.2
82.7
755
77.9
755
83.3
82.0
75.1
64.8
62.1
62.1
623
655
Equals: Command-basis gross national product
4
12555
1,263.1
12705
1282.1
1,2982
1,309.3
13182
1331.1
13203
13164
13252
13123
1358.7
14005
1,4515
1,489.1
Addendum:
Terms of trade2
5
112.0
1112
111.1
107.9
109.7
109.3
110.3
1112
111.0
1105
1092
107.4
1023
1003
97.7
95.4
1951
1952
1954
1953
Line
1
II
III
IV
1
11
III
IV
1
II
III
IV
1
II
III
IV
Gross national product...
1
1,511.2
1557.1
15943
1,6062
1,6173
1,6213
13313
1,6663
1,6962
1,7043
1,6962
15795
13693
15675
13863
1,7083
Less: Exports of goods and services and receipts of
factor income from the rest of the world.
Plus: Command-basis exports of goods and services
and receipts of factor income
2
70.7
78.1
80.0
802
83.1
76.3
71.4
72.0
71.4
725
74.1
72.4
70.1
78.1
75.9
79.9
3
663
72.9
762
78.1
83.0
76.3
72.3
73.7
74.4
755
77.7
76.3
73.0
812
792
84.1
Equals: Command-basis gross national product
4
15073
15523
15912
1,6042
1,6172
1,6213
15322
1568.6
15992
1,7073
13993
13835
1,6723
1,6705
1,6902
1,7133
Addendum:
Terms of trade2
5
945
93.4
95.3
97.5
99.9
100.1
1012
102.4
1042
104.1
1043
105.4
104.1
103.9
104.3
1053
1
II
III
IV
I
II
111
IV
1
II
III
1955
1956
1958
1957
Line
IV
I
II
III
IV
13913
Gross national product .
1
1,7533
1,769.1
1,7883
13043
1,7992
13105
13145
13374
13493
13483
13645
13413
13003
13154
1,8514
Less: Exports of ooods and services and receipts of
factor income from the rest of the world.
Plus: Command-basis exports of goods aid services
and receipts of factor income
2
822
80.6
843
85 2
89.5
93.9
97.0
99.1
106.6
105.4
1025
96.7
883
892
89.8
905
3
874
872
93.1
93.1
97.9
104.6
1095
111.4
1213
120.1
118.3
114.1
107.5
108.6
108.0
107.1
Equals: Command-basis gross national product
4
1,7584
1,775.7
1,7973
1,812.7
1,807.7
1,8212
13272
1349.8
13633
13635
13803
13584
13195
1334.7
1369.6
13073
Addendum:
Terms of trade3
5
106.3
1082
109.6
1092
109.4
111.3
113.0
112.5
113.7
114.0
115.4
118.0
121.0
121.7
120.3
118.4
1. Exports of goods and services and receipts of factor income deflated by the implicit price deflator for imports
of goods and services and payments of factor income.
2. Ratio of the implicit price deflator for exports of goods and services and receipts of factor income to the
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
corresponding implicit price deflator for imports with the decimal point sttfted two places to the right
NOTE.—Percent changes from precedng period for selected items in this table are shown in table 8.1.
Table 1.12.—Net Domestic Product and Domestic Income by Sector
[Billions of dollars]
Line
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
1941
1942
1943
1
932
805
66.7
50.0
484
572
645
74.7
813
754
814
90.7
1144
1473
1804
2
86 4
73,4
59.7
43.7
415
494
56.6
654
72.7
664
714
80.4
1024
1292
1514
ftorfym
Nonfarm less housing
Housing
Farm
Statistical discrepancy
3
4
5
6
7
762
692
7.0
8.8
1.0
67.1
60.4
6.7
6.8
-.5
535
47.1
6.3
55
.8
39.7
33.9
5.8
3.8
2
37.1
32.3
45
3.9
5
45.3
41.1
4.3
4.0
.4
50.5
462
4.3
6.3
-2
58.4
54.0
4.3
5.7
13
652
60.7
45
75
0
595
54.6
4.9
5.8
.7
65.0
60.1
5.0
55
13
73.6
685
5.1
5.7
1.1
943
88.9
5.4
8.1
5
118.1
112.1
6.0
12.1
-.9
139.5
1332
6.3
14.3
-1.9
Housthoids and Institutions
8
29
Z7
25
14
1.7
14
14
24
23
22
23
24
25
24
32
General government
9
44
4.6
4.7
45
4.7
55
64
73
63
7.7
74
74
95
152
254
Net domestic product
Business
10
844
734
585
425
394
48.7
564
643
723
654
712
794
102.7
136.1
1695
11
774
662
515
36.1
335
413
485
554
63.1
554
613
693
90.7
1184
140.7
12
13
14
15
69.1
64.0
5.1
82
60.0
55.3
4.7
62
46.6
422
4.4
5.0
325
28.8
3.9
3.3
29.8
26.6
32
3.7
37.3
34.7
2.6
4.0
42.0
395
2.6
65
493
46.7
2.6
55
55.7
52.9
23
7.4
502
47.0
3.1
54
55.5
522
32
54
63.4
60.1
33
5.9
825
79.0
3.5
8.1
105.7
101.7
4.1
122
126.3
122.0
4.3
145
Households and Institutions
16
2:9
2.7
2.3
14
1.7
14
14
24
23
22
13
2.4
25
23
32
General government
17
4.4
4.6
4.7
45
4.7
55
64
73
64
7.7
7.6
74
95
152
25.6
Domestic Income ...............
Business
Nonfarm .........
Nonfarm less housing
Housing
Farm
..
Une
Net domestic product
Business
Nonfarm
Nonfarm less housing ......
Housing
Farm
Statistical discrepancy
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1
199.1
2004
197.7
216.7
2393
2374
2634
3045
3205
339.1
3385
3693
3882
4075
412.0
2
163.1
1613
1703
1934
2163
2113
235.7
2693
2814
2964
2973
3264
341.1
357.1
3574
3
4
5
6
7
1462
139.7
6.5
143
2.6
142.5
135.9
6.6
14.9
3.9
152.4
145.8
6.6
17.6
.7
1735
166.8
6.7
18.6
13
196.1
188.6
75
21.4
-12
193.7
185.1
8.7
16.6
1.0
2172
207.4
9.9
175
1.0
246.7
235.6
11.1
202
2.9
260.8
247.9
12.9
192
13
279.1
2642
143
16.9
23
278.6
261.7
16.9
16.3
24
3095
2913
182
15.3
12
329.0
309.4
19.6
14.9
-23
344,4
322.8
21.6
145
-1.9
342.0
318.3
23.7
16.7
-1.1
Households and Institutions
8
3.7
4.1
45
5.1
55
54
65
64
72
74
8.1
9.1
93
105
115
General government
9
323
353
22.4
17.6
18.1
20.1
212
27.7
315
324
334
344
372
394
424
10
1824
181.4
1802
195.7
2203
2142
2385
275.7
2904
3054
3044
3345
3544
3705
3732
11
146.4
1414
1533
1734
1964
1882
2104
241.1
2512
2644
2635
2905
3073
3202
3184
12
13
14
15
131.9
127.4
44
14.5
126.9
122.4
45
15.1
1355
130.9
4.6
17.8
154.7
150.1
4.5
183
175.7
1705
52
203
1722
166.1
6.1
16.0
193.9
186.7
72
17.0
2215
213.4
8.1
19.6
2327
2232
9.4
185
248.6
237.4
112
162
248.1
235.3
123
15.6
276.1
262.4
13.7
14.5
292.9
278.3
14.6
143
305.7
289.6
16.1
14.4
3022
284.6
17.7
16.6
Domestic income
Business
Nonfarm ..,.„.„„.„„. „
Nonfarm less housing
Housing
Farm
Households and institutions
16
3.7
4.1
45
5.1
55
54
65
64
72
74
8.1
9.1
94
105
115
General government
17
323
353
22.4
175
18.1
20.1
212
27.7
315
324
33.0
344
372
394
423
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
Table 1.13.—Net Domestic Product and Domestic Income by Sector in Constant Dollars
[Billions of 1987 dollarsl
Line
Net domestic product
Business
Nonfarm
.....
Nonfarm less housing
Housing
Farm
Statistical discrepancy
1929
1930
1931
1932
5912
500.4
1933
1934
4895
536.7
1935
586.6
1936
6835
1937
1938
7165
683.6
1939
1940
1941
1942
1943
745.7
8104
9735
1,1872
1,444.1
1
7245
649.2
2
6085
5312
474.6
3885
3755
409.0
4515
5315
568.0
5285
5872
642.0
767.1
888.7
9815
3
4
5
6
7
565.5
549.0
16.5
35.9
7.5
500.4
484.5
15.9
34.5
-3.8
428.5
413.0
15.5
39.6
6.5
347.0
331.8
152
39.3
2.1
330.4
316.3
14.1
39.6
5.0
373.7
358.4
15.4
31.4
3.8
418.5
403.2
15.3
34.8
-1.8
488.5
473.4
152
32.6
10.8
530.9
515.3
15.6
36.9
2
485.6
468.8
16.9
37.0
5.7
536.1
518.8
17.3
40.1
11.1
596.1
578.0
18.1
36.7
92
723.2
703.3
19.9
40.3
3.6
851.8
828.9
22.9
43.4
-65
952.9
927.3
25.6
42,0
-12.4
Households and institutions
8
385
375
35.6
32.6
31.4
335
34.7
365
38.0
36.8
382
412
41.6
425
405
Genera] government
9
765
80.1
81.0
79.4
834
94.1
100.4
115.1
110.4
1185
120.3
1272
1645
255.7
4212
Domestic income
Business
Nonfarm
Nonfarm less housing
Housing
Farm
to
6705
6105
543.6
461.1
446.0
491.7
543.3
623.1
6635
627.1
6812
743.7
907.7
1,137.1
1,403.0
11
555.3
492.2
427.0
3492
3312
364.0
4082
4715
514.8
471.9
522.7
5752
701.3
838.5
941.3
12
13
14
15
518.0
507.3
10.7
37.3
456.6
446.4
102
35.6
386.5
376.7
9.9
405
309.0
299.4
9.6
402
290.8
282.1
8.7
40.4
331.6
321.9
9.7
324
372.5
36Z9
9.7
35.6
4375
428.0
95
34.0
476.8
467.0
9.8
38.0
433.6
422.7
10.9
38.3
480.7
469.5
11.2
41.9
537.3
525.5
11.8
37.9
659.2
645.9
13.3
42.1
793.5
777.6
15.8
45.0
897.5
879.5
18.0
43.8
Households and institutions
16
385
375
35.6
325
314
335
34.7
365
38.0
365
382
412
41.6
425
405
General government
17
76.6
80.1
81.0
79.4
83.4
94.1
100.4
115.1
110.4
1185
120.3
127.2
1645
255.7
4212
Line
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1
1574.7
1506.7
1,173.3
1,149.7
1,1912
1,1915
1,2995
1,433.1
1,4935
15485
15314
1,6202
1,6495
1,6784
1,664.7
2
1,0455
996.1
9085
9355
9684
959.4
1,0545
1,1352
1,1735
1227.4
1,214.0
1,2994
15205
1542.4
1,323.4
Nonfarm
Nonfarm less housing
Housing
Farm
Statistical discrepancy
3
4
5
6
7
989.4
9615
27.9
39.6
16.8
934.1
904.8
29.3
37.3
24.7
868.5
838.0
30.6
36.3
4.0
894.9
862.1
32.8
31.8
8.8
939.6
904.6
35.0
34.3
-5.5
921.7
883.5
38.2
33.0
4.7
1,016.0
974.1
41.8
342
4.4
1,0915
1,045.3
462
31.3
12.4
1,135.3
1,084.1
512
305
7.6
1,183.0
1,127.9
55.1
32.6
11.8
1,170.7
1.111.3
59.5
33.3
10.0
1260.6
1,197.0
63.6
33.9
4.9
1299.0
1,231.4
67.7
32.6
-10.7
1,318.7
1245.8
72.9
30.8
-7.1
1,296.8
1218.8
78.0
31.1
Households and institutions
8
40.7
415
42.6
46.3
50.9
525
55.6
57.1
57.7
59.7
615
66.6
705
72.6
765
General government
9
488.1
469.6
221.8
167.7
171.0
179.4
1885
2405
2622
261.7
256.4
2542
258.1
263.4
264.8
10
15035
1,422.4
1,096.1
1,063.1
1,114.9
1,101.4
1,201.5
1,321.2
1,3815
1,427.1
1,4085
1,4932
1,5325
15535
1534.7
11
974.6
911.8
831.7
8485
892.0
869.5
957.1
1523.4
1,0615
1,105.7
1,0905
1,1724
1,204.1
1,217.5
1,193.4
12
13
14
15
932.9
912.9
20.0
41.7
871.8
850.8
21.1
39.9
792.9
770.8
22.1
38.7
8145
790.7
23.8
34.4
855.4
830.0
255
36.6
833.8
805.8
28.0
35.7
920.0
889.1
30.8
37.1
989.5
955.3
34.3
33.8
1,028.4
990.1
382
33.5
1,070.5
1,0292
41.3
35.1
1,054.8
1,010.0
44.8
36.0
1,1355
1,087.5
48.0
36.9
1,168.4
1,117.3
51.1
35.7
1,183.9
1,128.6
55.3
33.6
1,159.5
1,1005
59.3
33.9
Net domestic product
Business
Domestic income
Business
Nonfarm
Nonfarm less housing
Housing
Farm
-AS
Households and institutions
16
40.7
415
42.6
46.3
50.9
525
55.6
57.1
57.7
59.7
615
665
705
72.6
765
General government
17
488.1
469.6
221.8
167.7
171.0
179.4
1885
2405
2622
261.7
256.4
2542
258.1
263.4
2645
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
Table 1.14.—National Income by Type of Income: Annual, 192&-58, and Quarterly, 194&-58
[Billions of dollars; quarters seasonally adjusted at annual rates]
Line
1929
1931
1930
1932
1934
1933
1935
1936
1937
1938
1939
1940
1941
1942
1943
t
85.3
74.1
59.0
418
40.2
494
56.7
64.6
72.7
66.2
715
79.9
103.1
1365
1704
2
51.1
465
39.8
31.1
295
344
37.4
43.0
484
454
48.2
522
644
855
1095
3
4
5
505
5.0
45,5
46.2
52
41.0
39.2
5.3
335
305
5.0
255
29.0
52
23.9
33.7
6.1
27.6
36.7
6.5
302
42.0
75
34.1
46.1
75
385
43.0
8.3
34.8
46.0
82
37.7
49.9
85
41.4
62.1
10.2
51.9
82.1
16.0
66.1
105.8
265
79.2
elements to wages and salaries ..
mployer contributions
contributor"'for social insurance .
Other laborr irincome .
6
7
B
.7
.1
5
.7
.1
5
.6
2
5
.6
2
.4
.6
2
.4
.6
2
.4
.7
2
.4
1.0
5
5
1.8
15
5
2.0
15
.5
22
1.6
.6
2.3
1.7
5
25
2.0
.7
32
2.4
.9
3.8
2.7
1.1
Proprietors' Income with inventory valuation
adjustment and capital consumption adjustment.
National income .
Compensation of employees..
Wages and salaries
Government.
Other..
9
145
11.4
8.7
5.3
55
75
104
10.7
125
11.0
115
125
17.1
23.9
28.8
Farm
Proprietors' income with inventory valuation
adjustment
Capital consumption adjustment
10
11
6.1
6.3
45
45
3.4
3.5
2.1
2.1
2.5
2.5
2.9
2.9
52
5.3
45
4.3
6.0
6.1
4.4
4.5
4.4
45
4.4
4.5
6.4
6.5
10.1
10.3
12.0
122
12
-2
-2
-.1
Nonfarm
Proprietors' income
Inventory valuation adjustment
Capital consumption adjustment
13
14
15
16
8.4
8.9
.1
-5
7.1
6.9
.8
-5
5.3
5.3
.6
-.6
17
45
42
18
19
5.6
-.7
Corporate profits with inventory valuation
adjustment and capital consumption adjustment.
20
Corporate profits with inventory valuation adjustment
Profits before tax
Profits tax liability..
Profits after tax .....
Dividends .
Undistributed profits..
Inventory valuation adjustment.
Rental hcome of persons with capital consumption
Rental income of persons
Capital consumption adjustment
Capital consumption adjustment ...
Net Interest
Addenda:
Corporate profits after tax with inventory valuation
adjustment and capital consumption adjustment
Net cash flow with inventory valuation adjustment
and capital consumption adjustment
Undistributed profits with inventory valuation
adjustment and capital consumption
adjustment
Consumption of fixed capital
Less: Inventory valuation adjustment
Equals: Net cash flow
0
0
-.1
0
-.1
-.1
-.1
-.1
-.1
-2
3.3
3.4
.3
-.4
3.0
4.0
-.5
-5
4.4
4.9
-.1
-5
52
55
-.1
-.4
6.4
6.9
-.1
-.3
6.9
7.3
0
-.4
6.6
65
2
-.4
7.1
7.7
2
-.4
8.3
8.6
0
-2
10.7
11.7
-.6
-.3
13.8
145
-.4
-.3
16.9
172
-2
-.2
3.4
2.7
24
15
1.6
1.7
14
2.4
25
2.7
3.2
4.1
4.6
4.9
-.7
3.9
-5
25
-2
21
-.1
1.9
-.3
1.9
-.3
2.0
-.3
2.4
-5
24
-5
3.2
-5
3.3
-.6
4.0
-.8
5.1
-.9
5.7
-1.1
10.2
65
24
-0.7
-0.7
15
3.4
5.6
6.4
44
54
9.2
145
20.1
24.3
21
22
23
24
25
26
27
11.1
105
1.4
92
5.8
3.4
5
7.6
4.3
.8
3.4
5.5
-2.0
3.3
25
.4
5
-.1
4.1
-42
2.4
-.4
-15
.4
-1.9
2.5
-4.4
1.0
-.4
1.7
5
12
2.0
-5
-2.1
25
3.1
.7
2.3
25
-2
-5
4.0
42
1.0
3.3
2.8
.4
-2
62
6.9
1.4
5.5
45
1.0
-.7
7.4
75
15
5.9
4.7
1.3
0
5.4
4.4
1.0
3.4
3.2
2
1.0
6.9
7.6
1.4
62
35
2.4
-.7
10.2
10.4
2.8
7.6
4.0
3.6
-2
15.9
18.3
75
10.7
4.4
6.3
-2.5
20.8
22.0
11.4
10.6
4.3
6.4
-12
24.8
25.6
14.1
11.5
4.5
7.0
-.8
28
-.9
-.7
-.4
-.3
-.3
-.6
-.6
-5
-1.1
-1.1
-1.0
-1.1
-1.0
-.8
-.5
29
45
45
45
4.4
35
35
19
3.7
35
35
35
3J2
3.2
3.1
2.7
.
-2
30
85
6.0
1.9
-1.1
-1.3
1.1
2.4
42
4.9
3.3
45
6.3
72
8.7
102
31
85
5.9
2.8
.8
1.0
2.9
4.0
4.1
5.1
5.1
5.6
7.4
8.3
105
120
32
3.0
.6
-3.6
-3.3
-1.4
-.4
-.4
2
.1
.7
2.3
25
4.4
55
33
34
35
55
5
8.0
5.3
3.3
25
4.4
1.0
-.3
4.3
-2.1
3.1
4.4
-.6
3.6
4.4
-2
42
4.4
-.7
45
4.9
0
5.1
5.0
1.0
4.1
4.9
-.7
6.4
5.1
-2
7.6
55
-2.5
10.8
6.1
-1.2
11.7
6.3
-.8
125
Line
1944
1945
-22
5.0
2.4
.4
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1
1825
1814
1804
1964
2214
215.6
2404
277.7
292.1
3074
3074
337.1
3572
3717
376.0
2
1214
1234
1195
130.1
142.1
1424
1554
1815
1964
2104
2094
2254
244.7
2574
2594
Wages and salaries
Government.
Other..
3
4
5
116.7
33.0
63.8
1175
34.9
825
112.0
20.7
91.3
123.1
175
105.6
1355
19.0
1165
134.7
20.8
113.9
1472
22.6
124.6
171.6
292
142.4
185.6
33.4
152.3
199.0
345
164.7
1972
34.9
162.4
212.1
36.6
1755
229.0
38.8
1902
239.9
41.0
198.9
241.3
44.1
1972
Supplements to wages and salaries
Employer contributions for social insurance
Other labor income
6
7
8
45
3.0
15
5.8
4.0
15
7.6
5.7
2.0
7.0
4.6
2.4
65
3.8
2.7
7.3
4.3
2.9
82
45
3.7
10.0
5.4
4.6
10.7
55
52
115
5.6
54
121
6.0
6.1
135
65
7.0
15.7
7.7
8.0
17.8
8.8
9.0
18.5
9.1
9.4
9
304
315
36.4
35 5
404
354
384
444
444
435
434
454
464
484
51.4
Farm
Proprietors* income with inventory valuation
adjustment
Capital consumption adjustment
10
11
11.9
122
12.4
125
145
152
15.0
155
17.4
18.1
12.6
13.3
135
142
16.0
16.8
15.0
15.9
124
13.7
123
13.1
112
120
11.0
11.9
10.9
11.9
12.8
13.7
12
-.3
-.3
-.4
-.5
-.7
-.7
-.7
-.8
-.9
-4
-5
-5
-.9
-.9
-.9
Nonfarm ,
Proprietors' income
Inventory valuation adjustment....
Capital consumption adjustment.,
13
14
15
16
18.1
184
-.1
-.1
19.1
19.3
-.1
-.1
21.6
23.3
-1.7
-.1
205
21.8
-15
.1
23.0
232
-.4
2
232
222
5
.5
252
25.7
-1.1
5
284
27.8
-.3
5
29.4
28.5
2
.7
305
29.9
-2
.7
31.1
30.4
0
4
34.1
335
-2
.7
35.9
355
-5
.9
37.9
37.3
-.3
.9
38.6
37.7
-.1
.9
01 pefsons
17
44
54
54
54
64
6.7
7.6
84
95
10.7
115
124
124
13.1
134
Rental income of persons
Capital consumption adjustment.
18
19
6.1
-1.3
6.5
-15
75
-1.7
82
-2.4
9.0
-2.7
9.4
-2.7
10.4
-28
115
-32
12.7
-3.3
13.9
-3.3
144
-32
15.3
-3.3
15.9
-35
16.6
-35
17.3
-3.4
profte with inventory valuation
adjustment and capital consumption adjustment.
20
24.4
194
172
23.1
305
284
352
402
384
38.1
372
47.7
46.4
46.0
412
^ K f o ^ a f 1 inven!Dry valuation *^tment
21
22
23
24
25
26
27
242
245
124
115
4.6
6.9
-.3
19.5
20.0
10.7
9.3
4.7
4.7
-.6
19.7
24.9
9.1
15.8
5.6
102
-5.3
26.0
31.9
11.3
20.7
6.3
145
-5.9
33.7
35.9
12.4
23.4
7.0
16.4
-22
31.4
29.6
102
19.4
72
122
14
382
432
17.9
25.3
8.8
16.4
-5.0
435
44.7
22.6
222
8.6
135
-12
41.1
402
19.4
205
8.6
122
1.0
40.6
41.6
20.3
21.3
8.9
12.4
-1.0
38.9
392
17.6
21.6
9.3
12.3
-.3
48.0
49.7
22.0
27.7
105
17.1
-1.7
47.6
50.3
22.0
28.3
11.4
16.9
-2.7
47.3
48.9
21.4
27.5
11.8
155
-1.5
42.5
42.7
19.0
23.8
11.6
12.1
-.3
National income .
Compensation of employees..
Proprietors' income with Inventory valuation
adjustment and capital consumption adjustment.
""SiEE?
*
W l ca
* i t i l consumption
Profits tax liability'.
Profits after tax ....
Dividends .
Undistributed profits'.
Inventory valuation a d j u s t m e n t " Z Z Z Z Z I Z
Capital consumption adjustment
Net interest
Addenda:
Corporate profits after tax with inventory valuation
adjustment and capital consumption adjustment
Net cash flow with inventory valuation adjustment
ajd capital consumption adjustment
undistributed profits with inventory valuation
adjustment and capital consumption
adjustment
Consumption of fixed capital
Inventory valuation ac§ustment '"!Z."!l"."Z
Equals: Net cash flow ..
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
28
2
.4
-2.4
-2.9
-32
-3.0
-10
-3.4
-3.1
-25
-1.7
-.3
-12
-1.3
-1.3
29
24
2.1
14
2.4
2.4
2.7
10
35
34
45
54
6.1
6.8
74
9.7
30
11.4
92
8.1
11.9
18.1
182
17.3
17.6
18.6
174
19.5
25.6
24.4
24.6
222
31
132
11.0
10.1
14.8
21.8
225
20.8
232
252
25.3
27.4
33.3
33.6
35.4
34.3
32
65
4.5
25
55
11.1
11.0
85
9.0
10.0
9.0
102
15.0
13.0
12.8
10.6
33
34
35
6.4
-.3
13.4
6.5
-.6
11.6
7.6
-5.3
15.3
92
-5.9
20.7
10.7
-22
23.9
11.5
14
205
12.3
-5.0
25.8
142
-12
24.4
152
1.0
24.3
165
-1.0
262
172
-4
275
18.3
-1.7
35.0
205
-2.7
36.3
22.7
-1.5
37.0
23.7
-.3
34.6
Table 1.14,—National Income by Type of Income: Annual, 1929-58, and Quarterly, 1946-58—Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]
1947
146
1949
1948
1950
Line
National Income
III
IV
184.9
190.0
192.4
I
II
111
IV
I
II
III
IV
«
II
III
IV
I
II
„...
1704
177.7
193.7
1964
Compensation of employees .
1152
117.6
121.4
124.4
1272
128.7
130.1
107.7
25.0
82.7
20.3
892
113.5
18.9
94.6
1172
18.6
98.6
119.7
17.9
101.7
121.5
17.6
103.9
7.5
5.6
1.9
8.0
6.1
1.9
7.8
5.9
2.0
7.2
5.1
21
7.6
5.3
22
34.0
35.6
38.1
37.7
Fami .
Proprietors' income with inventory valuation
adjustment.
Capital consumption adjustment
13.0
13.3
13.6
13.9
16.1
16.5
16.5
17.0
-.4
-.4
-.5
-.5
-.6
-.6
-.6
-.6
-.7
-.7
-.7
-.7
-.7
-.7
-.7
-.7
Nonfarm .
Proprietors' income
Inventory valuation adjustment ...
Capital consumption adjustment.
21.0
21.2
22.0
22.7
-.6
-.1
22.1
25.5
-3.3
-.1
21.2
24.0
-2.8
-.1
20.6
22.8
-2.2
0
20.2
20.9
-.8
.1
202
21.4
-1.4
2
20.9
22.2
-1.5
.2
22.1
22.5
-.6
.2
22.9
23.5
-.8
2
23.4
23.8
-.6
2
23.6
229
.4
.2
23.1
222
.6
.4
23.2
21.9
.8
.5
23.1
22.0
.5
.6
23.3
22.6
0
.7
24.0
23.4
0
.7
24.6
24.6
-.6
.6
Wages and salaries .
Government
Other
Supplements to wages and salaries
Employer contributions for social insurance .
Oilier labor income
Proprietors' Income with inventory valuation
adjustment and capital consumption adjustment.
Rental income of persons with capital consumption
adjustment.
Rental income of persons .
Capital consumption adjustment
- 2
0
204.5
2133
221.1
225.4
2274
220.0
215.0
215.1
212.1
2212
231.8
134.3
138.0
139.7
144.6
146.0
1442
142.0
1412
140.6
144.7
150.8
123.4
17.0
106.4
127.8
17.5
110.3
131.4
17.9
113.5
133.2
18.3
114.8
138.1
19.5
118.6
1395
20.3
1192
136.9
20.4
116.6
134.6
20.6
114.0
133.9
20.9
113.0
133.4
21.4
112.1
137.1
21.4
115.6
142.9
21.6
121.2
7.3
5.0
2.3
6.7
4.3
2.4
6.5
4.0
2.5
6.6
4.0
2.7
6.5
3.8
2.7
6.5
3.8
2.7
6.5
3.8
2.8
7.3
4.5
28
7.4
4.5
2.9
7.3
4.3
3.0
72
4.1
3.1
7.7
4.4
3.3
7.9
4.4
3.5
372
33.4:
35.0
365
37.7
41.6
414
405
365
35.9
352
35.7
363
37.4
16.7
17.2
13.1
13.7
14.8
15.3
15.6
16.2
15.6
162
18.8
19.4
185
192
16.9
17.6
13.3
14.0
12.7
13.4
12.1
12.8
12.4
13.1
12.8
13.4
12.B
13.4
54
5.8
54
54
5.7
5.7
5.8
6.0
62
6.4
6.4
6.4
6.4
65
63
7.0
7.4
n
7.4
-1.6
7.5
-1.7
7.6
-1.7
7.7
-1.8
7.8
-2.1
8.0
-2.4
8.3
-2.5
8.5
-2.6
8.8
-2.6
9.0
-2.7
92
-2.7
92
-2.8
9.2
-2.8
9.3
-2.8
9.4
-2.6
9.7
-2.6
10.0
-2.6
10.3
-2.7
164
17.7
20.1
19.8
235
23.7
25.4
294
31.0
30.1
31.7
30.4
28.0
293
26.0
295
33.1
Corporate profits with inventory valuation
adjustment and capital consumption adjustment.
Corporate profits with inventory valuation adjustment
Profits before tax
Profits tax liability .
Profits after tax
Dividends..
Undistributed profits .
Inventory valuation adjustment .
15.7
17.0
6.1
10.8
5.1
5.7
-12
19.1
21.9
8.0
13.9
5.5
8.4
-2.8
20.5
28.6
10.5
18.1
5.7
12.4
-8.1
23.3
32.3
11.8
20.5
6.1
14.3
-8.9
23.1
32.7
11.6
21.2
6.0
15.2
-9.7
26.3
30.9
10.9
20.0
6.3
13.7
-4.7
26.5
30.6
10.8
19.8
6.5
13.3
-4.0
28.2
33.4
11.8
21.7
6.5
15.2
-52
322
35.0
12.1
22.9
7.0
15.9
-2.9
34.0
36.9
12.8
24.1
6.7
17.4
-2.9
33.5
36.3
12.6
23.7
7.1
16.7
-2.8
35.1
35.1
122
23.0
7.3
15.6
-.1
33.4
32.0
11.0
21.0
72
13.8
1.4
31.1
28.2
9.7
18.5
72
11.3
2.8
32.3
29.3
10.1
192
7.1
12.1
3.0
28.9
28.7
9.9
18.8
7.4
11.4
.2
32.2
32.9
13.6
19.3
8.3
11.0
-.7
36.0
39.3
16.3
23.0
8.4
14.7
-3.3
Capital consumption adjustment ...
-1.5
-22
-2.8
-32
-3.3
-2.8
-2.8
-2.8
-2.8
-3.1
-3.4
-3.4
-3.1
-3.1
-3.0
-2.9
-2.7
-2.9
1.7
1.8
14
14
2.4
2.4
2.4
23
25
2.4
24
2.4
2.6
27
2.7
2.7
2.9
3.0
19.5
19.3
182
19.2
16.1
15.9
16.8
19.4
20.5
Net Interest
Addenda:
Corporate profits after tax with inventory valuation
adjustment and capital consumption adjustment
Net cash flow with inventory valuation adjustment
and capital consumption adjustment.
Undistributed profits with inventory valuation
adjustment and capital consumption
adjustment
Consumption of fixed capital
Less: Inventory valuation adjustment
Equals: Net cash flow
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
8.1
8.9
7.2
8.3
8.3
12.6
12.9
13.7
172
18.2
17.5
9.5
10.6
9.5
10.7
11.2
15.4
15.7
16.8
202
22.0
215
23.5
23.4
22.6
23.6
20.3
3.0
3.4
1.5
2.1
2.3
63
6.4
72
102
11.5
10.5
12.2
12.1
11.1
12.1
8.7
7.6
8.4
6.5
-12
10.7
72
-2.8
13.4
8.0
-8.1
17.6
8.6
-8.9
19.7
9.0
-9.7
20.9
9.1
-4.7
20.0
9.3
-4.0
19.7
9.6
-52
22.0
10.0
-2.9
23.1
10.4
-2.9
24.8
11.1
-2.8
24.3
11.3
-.1
23.6
11.3
1.4
22.0
11.5
2.8
19.7
11.5
3.0
20.6
11.6
.2
20.1
11.8
-.7
20.1
12.0
-3.3
23.8
Table 1.14.-National Income by Type of Income: Annual, 1929-58, and Quarterly, 1946-58-Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]
1951
1952
1953
Une
1954
247.3
2595
2692
2755
2804
285.6
2865
2865
2925
3024
3075
3102
308.7
3014
3025
3032
159.1
167.1
175.1
130.7
183.9
1865
1915
1935
1965
2045
2082
2115
211.7
2102
2085
2075
150.8
22.8
128.0
1585
24.7
133.6
165.5
26.8
1385
1705
285
142.3
173.8
30.5
143.3
1762
31.1
145.1
1812
325
148.7
182.4
332
149.1
185.7
335
1515
193.3
33.9
1595
1965
34.1
162.7
200.1
34.4
165.7
200.3
34.4
165.9
198.7
345
1645
196.4
344
162.0
195 5
34.7
1612
85
4.6
3.8
85
4.8
4.0
9.6
5.3
45
9.9
5.4
45
10.1
5.4
4.7
10.4
5.5
45
105
55
5.0
10.6
5.5
5.1
105
5.5
55
11.1
5.7
5.4
115
55
5.7
115
5.7
55
115
55
6.0
11.6
55
6.1
115
5.9
6.0
12.0
6.0
6.0
39.9
415
43.7
444
434
42.7
434
43.7
424
Farm
Proprietors' income with inventory valuation
adjustment.
Capital consumption adjustment
13.7
14.4
14.9
15.7
15.7
165
13.6
14.4
13.4
142
12.9
135
125
132
12.6
13.4
142
115
12.7
-5
-5
-5
Nonfarm.
Proprietors* income.
Inventory valuation adjustment
Capital consumption adjustment
262
27.3
-1.7
.6
26.1
27.5
-2.1
5
27.6
29.0
-1.9
5
27.7
27.4
-.3
5
30.3
29.6
0
5
305
30.0
.1
5
7.7
85
8.1
10.6
-2.9
10.9
-25
Corporate profits with Inventory valuation
adjustment and capital consumption adjustment.
37.6
Corporate profits with inventory valuation adjustment
Profits before tax
Profits tax liability .
National income .
Compensation of employees
Wages and salaries
Government
Other.
Supplements to wages and salaries
Employer contributions for social insurance .
Other labor income
Proprietors' income wtth Inventory valuation
adjustment and capital consumption adjustment.
-
Rrtal Income of persons with capital consumption
Rental income of persons
Capital consumption adjustment
Dividends
Undistributed profits
Inventory valuation adjustment""
Capital consumption adjustment
Nat interest...
Addenda:
Corporate profits after tax with inventory valuation
adjustment and capital consumption adjustment
Net cashflowwith inventory valuation adjustment
aid capital consumption adjustment.
Undistributed profits with inventory valuation
adjustment and capital consumption
adjustment
Consumption of fixed capital
Less: Inventory valuation adjustment
Equals: Net cash flow _ !
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
434
435
15.8
16.7
16.6
17.4
14.7
155
152
16.1
-5
-.9
-5
28 2
27.1
5
28.6
27.6
5
285
28.1
.1
29 2
28.4
295
28.6
30.6
30.0
-.1
.7
305
29.9
-.1
.7
30.4
302
-5
.7
30.4
295
.7
302
292
5
.7
85
85
85
95
95
95
95
102
105
105
11.1
114
115
112
-3.1
11.4
-3.1
11.7
-32
12.0
-32
12.3
-32
12.6
-35
12.9
-35
132
-35
135
-35
13.8
-32
14.1
-35
14.3
-32
145
-32
14.8
-32
40.7
395
395
402
415
385
365
365
404
402
39.1
32.1
344
35.7
40.6
47.9
19.9
28.0
92
18.8
-7.3
44.1
52.6
215
305
9.6
212
-85
43.1
51.8
265
255
8.4
17.1
-8.7
43.0
44.0
225
21.7
8.7
13.1
435
40.0
20.1
195
8.6
42.0
40.7
195
205
39.4
38.7
185
20.1
12
44.0
44,4
21.6
225
8.4
14.4
-.4
415
435
212
115
.7
43.4
42.6
205
22.1
85
135
5
425
445
21.7
22.8
92
135
-1.0
44.6
43.1
215
21.6
8.8
125
15
-1.6
9.0
132
-2.0
34.0
34.0
16.6
17.4
85
8.5
0
36.4
36.4
16.4
20.0
9.4
10.6
0
375
37.6
165
20.6
85
11.8
0
-3.0
-3.4
-3.6
-3.4
-3.1
-32
-35
-3.1
-3.1
-25
-2.6
-2.4
-15
-2.0
-15
35
3.1
35
35
35
3.7
35
35
44
45
44
45
45
5.1
55
155
16.7
.6
112
3.5
3.6
.6
.6
82
12.7
1.3
2
.6
18.7
20.0
8.7
112
165
17.4
2
8.6
13.4
-5
-5
222
.1
5
17.7
18.8
132
17.3
20.1
19.9
19.0
175
17.7
195
195
185
17.8
15.6
18.0
18.7
21.0
225
185
22.7
25.7
255
25.7
245
245
26.7
26.9
255
255
235
25.4
27.0
8.5
95
45
8.6
112
10.8
9.1
9.1
11.1
11.1
9.4
85
6.7
8.6
95
125
-7.3
285
13.1
-8.5
30.9
135
-8.7
272
-1.0
14.6
15
245
14.9
15
24.4
152
232
155
.7
23.6
155
5
255
155
-.4
275
162
-1.6
27.1
165
-2.0
27.3
16.6
0
232
165
0
25.4
17.1
0
27.0
14.1
23.7
14.3
3.5
225
12
Table 1.14.—National Income by Type of Income: Annual, 1929-58, and Quarterly, 1946-58—Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]
1955
1957
1956
1958
Line
1
National Income
326-2
1
II
334.6
III
IV
340.6
3463
II
349.4
3552
III
IV
358.6
3653
1
3715
II
373.7
III
3775
IV
372.1
1
366.6
11
367.6
III
IV
378.4
39M
2
2173
223.8
2283
233.8
238.3
2423
246.0
2513
2555
2572
2593
2584
255.4
255.0
261.1
267.4
Wajes and salaries
Government
Other
3
4
5
204.2
35.6
168.6
210.3
36.7
173.6
214.6
36.8
177.8
219.4
37.2
182 2
223.3
37.8
185.4
2275
38.5
189.0
229.9
392
190.8
235.3
39.6
195.7
2382
402
198.0
239.6
40.7
198.9
241.8
41.5
200.3
240.1
41.6
1985
237.3
42.6
194.7
236.9
43.7
1932
242.6
44.8
197.7
248.4
452
2032
Supplements to wages and salaries
Employer contributions for social insurance
Other labor income
6
7
8
13.1
6.5
6.6
13.5
6.6
6.9
14.1
6.9
72
14.4
7.0
7.4
15.0
7.4
7.6
15.4
7.5
7.9
16.1
7.9
82
16.5
8.0
8.5
17.3
8.7
8.6
17.6
8.7
8.9
18.1
8.9
92
18.3
8.9
9.4
18.1
8.9
92
182
8.9
92
18.6
9.2
9.4
19.0
9.3
9.9
9
443
453
45.5
45.7
45.6
46.5
475
483
473
48.7
49.8
49.3
512
513
513
51.7
10
11
11.7
12.5
11.5
12.3
11.0
11.8
10.5
11.3
10.3
11.2
10.8
11.6
115
1Z4
11.3
122
102
11.1
10.8
11.7
11.4
12.3
11.4
12.3
13.5
14.3
13.1
14.0
12.6
13.5
121
13.1
Condensation of employees
Proprietors' income with inventory valuation
adjustment and capital consumption adjustment.
Farm
Proprietors' income with inventory valuation
adjustment
Capital consumption adjustment
12
-.8
-.8
-.8
-.8
-.8
-.8
-.9
-.9
-.9
-.9
-.9
-.9
-.9
-.9
-.9
-.9
Nonfarm
Proprietors' income
Inventory valuation adjustment
Capital consumption adjustment
13
14
15
16
33.1
322
2
.7
33.7
33.4
-.4
.7
34.6
34.1
-.3
.7
35.1
34.7
-.3
.7
35.2
34.9
-.5
.8
35.7
35.5
-.7
.9
36.0
35.3
-.3
1.0
36.6
36.3
-.6
1.0
37.6
37.0
-.4
.9
37.9
37.4
-.4
.9
38.3
37.5
-.1
.9
37.9
37.4
-.3
.9
37.8
36.9
-.1
.9
382
37.4
-.1
.9
38.7
37.8
.1
.8
39.6
385
-.1
.9
17
113
123
123
122
12,3
12.3
125
12.7
123
133
132
13.4
13.6
13.8
14.0
142
18
19
15.2
-3.3
15.3
-3.3
15.4
-3.4
15.5
"3.4
15.7
-3.4
15.8
-35
16.0
-3.5
16.1
-35
16.3
-35
16.5
-3.5
16.7
-3.5
16.8
-3.4
17.0
-3.4
172
-3.4
17.4
-3.4
17.6
-3.4
Corporate profits with Inventory valuation
adjustment and capital consumption adjustment.
20
462
47.4
47.9
49.0
46.7
46.7
45.7
465
473
463
465
42.7
37.3
373
413
47.7
Corporate profits with inventory valuation adjustment
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment
21
22
23
24
25
26
27
47.1
482
21.3
26.8
10.1
16.7
-1.1
47.9
48.8
21.6
27 2
102
17.0
473
50.0
22.2
27.8
10.9
16.9
-22
492
51.9
23.1
28.9
11.0
17.8
-2.8
47.2
50.1
22.0
28.1
11.3
16.8
-2.9
47.6
512
22.5
28.7
11.3
17.4
-3.6
47.3
485
21.1
27.4
11.3
16.0
-12
48.3
51.3
22.3
29.0
11.8
17.3
-3.0
49.7
52.1
22.8
29.3
11.7
17.6
-2.4
48.4
49.9
21.9
28.0
113
16.1
-1.5
47.6
48.8
21.4
27.4
12.0
15.4
-1.3
43.7
44.6
19.6
25.0
11.7
13.3
-.9
38.1
38.3
16.9
21.4
11.6
9.8
-2
39.3
39.0
172
21.8
11.7
10.0
.3
43.4
43.7
19.4
24.3
11.7
12.6
-2
49.1
50.0
223
27.7
11.4
162
-.9
Capital consumption adjustment
28
-.8
-.5
2
-2
-.4
-.9
-1.6
-1.7
-1.8
-1.5
-1.1
-.9
-.8
-1.4
-15
-1.4
29
53
6.1
63
62
65
63
63
63
75
73
82
82
93
95
93
103
Rental income of persons with capital consumption
adjustment
Rental income of persons
Capital consumption adjustment
Net interest
Addenda:
Corporate profits after tax with inventory valuation
adjustment and capital consumption adjustment.
Net cash flow with inventory valuation adjustment
and capital consumption adjustment.
Undistributed profits with inventory valuation
adjustment and capital consumption
adjustment
Consumption of fixed capital
Less: Inventory valuation adjustment
Equals: Net cash flow
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
30
24.9
25.8
25.6
25.9
24.7
242
24.6
242
25.1
25.1
25.1
232
20.4
20.7
22.6
25.4
31
32.5
33.6
33.4
33.9
33.2
33.1
342
33.9
35.5
35.6
353
34.7
31.9
32.5
343
382
32
14.8
15.6
14.9
14.9
13.4
12.8
13.3
12,5
13.4
13.2
13.1
11.4
8.8
8.9
10.9
14.0
17.7
-1.1
33.6
18.0
-.9
34,4
18.5
-22
35.6
19.0
-2.8
36.6
19.8
-2.9
36.1
20.3
-3.6
36.7
21.0
-12
35.4
21.4
-3.0
36.9
22.1
-2.4
37.9
22.5
-1.5
37.1
22.8
-1.3
37.2
232
-.9
35.6
232
-2
32.1
23.6
.3
322
23.9
-2
35.0
241
33
34
35
•
39.0
Table 1.15.—National Income by Sector, Legal Form of Organization, and Type of Income
[Billions of dollars]
Line
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1942
1940
1939
1943
425
402
495
56.7
64.6
72.7
662
715
795
103.1
1365
1705
77A
662
51.6
36.1
335
4U
485
55.0
63.1
555
615
69.3
90.7
1185
140.7
Corporate business
Compensation of employees
Wages and salaries
Supplements to wages and salaries
Corporate profits with inventory valuation and
capital consumption adjustments.
Profits before tax .
Inventory valuation adjustment....
Coital consumption adjustment.
Net interest
45.5
34.3
33.8
.4
10.0
39.0
305
30.4
.4
6.7
292
25.4
25.0
.4
2.4
19.6
19.0
18.7
.3
-.7
18.3
18.0
17.7
.3
-.7
24.1
21.1
20.7
.3
27.6
23.1
22.7
.4
32
32.9
26.3
255
.6
55
375
30.6
29.3
1.3
32.3
27.3
255
1.4
4.0
36.4
29.8
28.3
15
5.6
426
32.9
312
56.8
41.6
39.6
2.0
14.4
732
52.9
505
2.3
19.7
88.6
642
61.3
2.8
23.9
10.4
5
-5
1J3
42
3.3
-.7
1.4
.4
2.4
-.4
14
-1.4
1.0
-.3
1.3
1.7
-21
-5
1.0
3.0
4.1
65
-.7
-.6
18,0
-25
21.7
-12
1.3
-.6
1.3
Sole proprietorships and partnerships
Compensation of employees
Wages and salaries
Supplements to wages and salaries
Proprietors' income with inventory valuation and
capital consumption adjustments.
Faro
Proprietors' income with inventory valuation
adjustment.
Capital consumption adjustment
Nonfarm
„„„.„.„
........
Proprietors' income.
Inventory valuation adjustment
Capital consumption adjustment
Net interest
23.7
8.6
85
.1
145
19.9
7.8
7.7
.1
115
15.9
6.4
6.4
.1
8.7
10.9
4.8
45
.1
5.3
10.5
4.4
4.3
0
55
125
5.0
4.9
0
72
16.4
5.5
5.4
0
10.4
.1
10.7
6.1
6.3
4.3
45
3.4
35
2.1
2.1
25
25
2.9
25
52
5.3
4.3
4.3
6.0
6.1
2
-2
7.0
6.9
5
-.6
-.1
5.3
5.3
.6
0
3.3
3.4
3
-.4
.7
0
3.0
4.0
-5
-.5
-.1
4.4
4.9
-.1
-.5
5
0
5.2
5.6
-.1
-.4
5
-.1
6.4
6.9
-.1
-.3
5
-.1
8.4
8.9
.1
-.6
4.9
4.1
3.7
2
2
0
0
3.7
35
0
0
.2
0
0
4.1
.3
.3
0
0
National income .
74.1
Domestic business
Other private business .
Compensation of employees .
Wages and salaries .
__ r r
j to wages and salaries
P[
Wtors' income with inventory valuation and
2
2
0
0
Proprietors' income witi inventory valuation
adjustment
Capital consumption adjustment
Rental income of persons with capital
consumption adjustment
Rental income of persons
Capital consumption adjustment
Net interest
.6
2
2
0
0
1.8
-2
2
2
1.1
17.4
62
6.1
2
6.1
72
0
-1.1
1.1
20.4
7.1
6.8
2
125
4.1
1.0
-1.1
1.1
7.3
-.7
-1.0
1.0
1.6
8.9
102
-2
-1.1
-1.0
5
.7
-.5
5
65
6.5
.3
10.9
192
72
6.9
.3
115
20.9
75
75
5
12.6
275
9.8
9.4
.3
17.0
37.0
12.7
12.3
.4
23.8
43.7
14.6
142
.4
28.7
4.4
45
4.4
45
4.4
45
6.4
6.5
10.1
105
12.0
122
-.1
7.1
7,6
-.1
-2
-2
-2
0
-.3
.5
13.7
14.4
-.4
-.3
5
16.7
17.0
-.4
5
10.7
11.6
-.6
-.3
5
4.8
.3
5
0
0
4.9
.3
.3
0
0
55
.4
.3
0
.1
65
.4
.4
0
.1
7.0
.5
.5
0
.1
182
6.8
75
0
-.4
.5
-2
82
8.6
-2
-.2
.4
0
42
0
1.7
0
2.4
0
25
0
2.7
0
3.2
0
4.1
0
45
4.9
-.7
2.0
20
2.9
-5
32
-5
15
3.3
-.6
15
4.0
-5
1.9
5.1
-.9
5.7
-1.1
1.7
1.8
1.8
12
12
12
1.0
1.0
0
0
0
0
0
1.5
1.5
1.4
0
taweholds and Institutions
2.7
2.3
2.4
25
2.9
32
Compensation
Wages and salaries
Supplements to wages ^
2.7
2.6
0
25
2.3
0
2.4
2.4
0
2.5
25
0
2.9
2.9
0
32
32
0
4.6
7.6
75
95
152
255
4.6
4.4
7.6
7.4
.3
75
75
.3
9.5
92
.3
15.2
14.8
.4
25.6
25.2
.4
.9
.9
.9
.8
.8
Compensation of employees
Wages and salaries..
Supplements to wages ^"salaries
.8
s a i ^ s .!!!!."!!"""!!!
government
Corni
wipensatksn of employees..
Wages and salaries
Supplements to wages and salaries .
2
.9
Restofthe worW1
Compensation of employees
Corporate profits
Net Interest
"""
Addenda:
Domestic income (1*48)
Compensation of employees
(4+13+26+37+41 +45)!
Proprietors' income with inventory valuation and
capital consumption adjustments (16+29).
nentai income of persons with capital
consumption adjustment (32).
Corporate profits with inventory valuation and
capital consumption adjustments 17).
Net interest (11+24+35)
Seefootnote(s)at end of table.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
2
5
2
2
.1
.6
5
.1
.3
.1
5
.1
.4
.1
84.6
51.1
73.4
465
585
39.8
425
31.1
39.9
29.6
48.7
345
56.4
37.4
64.3
43.0
72.3
48.0
65.8
45.0
712
482
79.6
522
1027
64.8
136.1
85.3
169.6
109.6
145
11.4
8.7
5.3
55
7.3
10.4
10.7
12.9
11.0
11.5
126
17.1
23.9
28.8
2.0
1.6
1.6
25
2.7
3.2
4.1
4.6
14.4
19.7
23.9
3.1
3.0
2.6
4.9
42
3.4
2.7
1.7
15
24
10.0
6.7
2.4
-.7
-.7
15
32
55
6.1
4.0
5.6
4.0
42
4.3
4.0
3.6
3.7
3.7
3.5
3.5
3.4
3.4
3.1
Table 1.15.—National Income by Sector, Legal Form of Organization, and Type of Income—Continued
[Billions of dollars]
Une
Domestic business .
Corporate business
Compensation of employees
Wages and salaries
Supplements to wages and salaries
Corporate profits with nventory valuation and
capital consumption adjustmentsProfits before tax
inventory valuation adjustment
Capital consumption adjustment
Net interest
Sole proprietorships and partnerships Compensation of employees
Wages and salaries.
Supplements to wages and salaries
Proprietors' income with inventory valuation and
capital consumption adjustments.
Farm .
Proprietors' income with inventory valuation
adjustment
Capital consumption adjustment
Nonfarm
Proprietors' income.
inventory valuation adjustment
Capital consumption adjustment
Net interest
Other private busint
Compensation of employees .
Wages and salaries.
Supplements to wages and salaries
Proprietors' income with inventory valuation and
capital consumption adjustments.
Proprietors' income with inventory valuation
adjustment
Capital consumption adjustment .
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 .
General government
Compensation of employees
Wages and salaries .
Supplements to wages and salaries
Rest of the worid1
1944
1945
1947
1946
1949
1948
1951
1950
1954
1953
1952
1955
1956
1957
1958
1
1825
1815
1805
1965
2215
215.6
240.0
277.7
292.1
307.0
307.0
337.1
3572
373.7
376.0
2
1464
1415
1535
1735
1965
1882
2105
241.1
2512
2645
263.6
2905
3075
3202
318.8
3
4
5
6
7
91.4
67.1
63.9
32
24.0
835
64.1
605
32
195
862
69.9
665
3.4
16.5
104.4
822
78.0
42
22.1
1202
912
865
45
295
1155
88.9
84.4
45
275
132.3
98.7
93.0
5.7
34.0
152.6
114.7
107.5
7.1
38.4
158.7
123.1
1155
7.6
36.1
170.1
134.1
1255
85
365
167.4
132.4
123.6
85
352
190.0
144.8
134.8
10.0
45.3
201.7
158.3
147.0
11.3
43.6
2095
166.7
154.0
12.6
42.9
203.3
164.1
151.4
12.7
38.7
8
9
10
11
24.0
-.3
2
5
19.7
-.6
.4
2
242
-5.3
-2.4
-2
305
-5.9
-25
.1
34.6
-22
-32
-.3
285
15
-3.0
-.3
41.9
-5.0
-3.0
-.4
43.0
-12
-3.4
-5
385
1.0
-3.1
-5
395
-1.0
-25
-5
372
-.3
-1.7
-.1
47.4
-1.7
-.3
-.1
475
-2.7
-12
-2
45.8
-15
-1.3
-.1
m
-.3
-1.3
i
12
13
14
15
16
46.4
162
15.7
5
29.9
49.3
17.6
17.1
5
31.4
565
20.4
19.8
.6
362
58.1
22.4
21.8
.7
35.3
64.7
24.0
23.3
5
402
59.7
23.6
225
.8
35.6
64.4
25.3
24.3
1.0
38.5
72.6
28.2
27.0
12
43.8
74.7
295
28.6
12
44.1
75.1
31.4
30.1
15
43.0
75.0
312
29.8
1.4
43.1
78.1
32.2
30.7
15
45.0
81.6
34.1
32.4
1.6
46.6
84.8
352
33.4
1.8
48.6
87.4
352
33.4
1.8
51.0
17
18
115
122
1Z4
12.6
14.8
152
15.0
15.6
17.4
18.1
1£6
13.3
13.5
142
16.0
165
15.0
15.9
12.8
13.7
12.3
13.1
112
12.0
11.0
11.9
10.9
11.9
12.8
13.7
19
20
21
22
23
24
-.3
18.0
182
-.1
-.1
5
-5
19.0
192
-.1
-.1
.3
-.4
21.4
232
-1.7
-.1
5
-.5
205
21.6
-1.5
.1
.4
-.7
22.8
23.0
-.4
2
.4
-.7
23.0
22.0
5
.5
5
-.7
25.0
255
-1.1
.6
.6
-.8
275
275
-.3
.6
.7
-.9
29.1
28 2
2
.7
.7
-.9
302
29.6
-2
5
.7
-.8
30.8
30.1
0
.8
5
-.8
33.8
33.3
-2
5
.8
-.9
35.6
35.1
-.5
1.0
.9
-.9
37.6
37.0
-.3
1.0
1.0
-.9
382
375
-.1
25
26
27
28
29
7.1
5
5
0
.1
72
5
5
0
.1
85
.6
.6
0
2
85
.7
.7
0
2
9.5
5
.8
0
2
10.0
5
5
0
2
115
1.0
5
0
2
125
1.1
1.0
.1
5
14.3
1.1
1.0
.1
.3
16.0
12
1.1
.1
5
17.6
12
1.1
.1
5
18.7
1.3
12
.1
.3
20.0
1.3
12
.1
.3
21.6
1.3
1.3
.1
.3
23.4
1.4
15
.1
.3
$
12
30
.1
.1
2
2
2
2
2
.3
5
5
.3
.3
.4
.4
.4
31
32
0
4.8
0
5.0
0
55
0
5.8
0
65
0
6.7
0
75
0
8.4
0
95
0
10.7
0
11.6
0
12.0
0
12.4
-.1
13.1
-.1
13.9
33
34
35
6.1
-15
1.6
6.5
-15
1.6
75
-1.7
1.6
82
-2.4
1.8
9.0
-2.7
2.1
9.4
-2.7
2.3
10.4
-25
2.7
115
-32
3.1
12.7
-35
35
13.9
-3.3
3.9
14.9
-32
45
155
-3.3
52
15.9
-3.5
5.9
16.6
-3.5
6.9
17.3
-3.4
7.8
36
37
38
39
15
15
15
.1
1.6
1.6
1.6
.1
15
15
15
.1
2.0
2.0
15
.1
2.3
2.3
22
.1
2.6
2.6
2.5
.1
2.7
2.7
2.6
.1
3.0
3.0
2.9
.1
35
35
3.4
.1
35
35
3.4
,1
3.6
3.6
3.5
.1
3.8
3.8
3.7
.1
4.0
4.0
3.8
.2
42
42
4.0
2
4.7
4.7
4.4
.3
40
3.7
4.1
45
5.1
55
5.9
65
65
72
75
8.1
9.1
95
10.6
115
41
42
43
3.7
3.7
0
4.1
4.1
0
45
4.4
0
5.1
5.1
.1
5.6
5.5
.1
5.9
5.9
.1
6.5
6.4
.1
6.9
6.8
.1
72
7.1
.1
7.8
7.6
2
8.1
7.9
2
9.1
8.9
2
9.9
9.6
2
10.6
10.3
.3
115
112
.3
44
325
355
224
175
18.1
20.1
212
27.7
315
324
335
34.8
372
395
425
45
46
47
325
315
5
35.3
33.4
2.0
22.4
18.9
3.5
17.6
15.6
2.0
18.1
16.8
1.3
20.1
18.3
1.8
212
20.0
12
27.7
26.3
1.4
315
30.0
1.6
32.4
30.9
15
33.0
31.4
1.7
34.8
32.9
1.9
372
35.0
2.3
39.8
37.0
2.8
42.9
39.7
32
48
5
4
.7
12
15
15
15
25
2.1
2.0
22
25
2.9
32
2.7
Compensation of employees..
Corporate profits
Net interest
49
50
51
-.1
.4
.1
-.1
.3
.1
0
.7
.1
.1
1.0
.1
.1
1.3
2
.1
1.1
2
.1
1.3
2
0
1.7
2
0
1.9
2
0
15
2
-1
2.0
.3
-1
2.4
.3
-.1
2.8
2
-.1
3.1
2
-.1
25
.3
Domestic income (1~48)
Compensation of employees
(4+13+26+37+41 +45).
Proprietors' income with inventory valuation and
capital consumption adjustments (16+29).
Rental income of persons with capital
consumption adjustment (32).
Corporate profits with inventory valuation and
capital consumption adjustments (7).
Net interest (11+24+35)
52
53
182.4
1215
181.4
1235
1802
119.7
195.7
130.0
2205
142.0
2142
1415
238.5
155.3
275.7
181.6
290.0
1965
305.0
210.4
304.8
209.4
3345
226.0
354.4
2445
370.5
257.8
3732
2595
54
30.0
315
36.4
355
40.4
355
385
44.0
44.4
43.3
43.4
45.3
46.9
48.9
51.4
55
45
5.0
55
5.8
6.3
6.7
7.6
8.4
95
10.7
11.6
12.0
12.4
13.1
13.9
56
24.0
195
165
22.1
295
275
34.0
38.4
36.1
365
352
45.3
43.6
42.9
38.7
57
22
2.1
1.7
25
2.3
25
25
3.3
3.6
45
5.1
5.9
6.6
7.8
9.4
the vrorid.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
Table 1.16.—Gross Domestic Product of Corporate Business in Current Dollars and Gross Domestic Product of Nonfinancial
Corporate Business in Current and Constant Dollars: Annual, 1929-58, and Quarterly, 1946-58
Line
1929
1930
1931
1932
1933
1934
1935
1936
Billions of dollars
Gross domestic product of corporate business
Consumption of fixed capital
.....
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
adjustment and capital consumption adjustment
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits .
Inventory valuation adjustment ....
Capital consumption adjustment .
Net interest
54.4
47.8
375
275
265
33.1
422
473
42.4
46.6
533
5.5
5.3
5.0
4.4
4.3
4.4
4.4
4.9
5.0
4.9
5.1
49.0
425
32.5
23.1
22.3
28.7
32.3
37.7
42.9
37.4
41.6
48.2
35
35
3.4
35
4.0
4.6
4.6
4.8
5.1
5.0
52
5.6
6.6
45.5
34.3
33.8
.4
10.0
30.8
30.4
.4
6.7
29.2
25.4
25.0
.4
2.4
19.6
19.0
18.7
.3
-.7
18.3
18.0
17.7
.3
-.7
24.1
21.1
20.7
.3
27.6
23.1
22.7
.4
3.2
32.9
26.3
25.6
.6
5.5
37.8
30.6
29.3
1.3
32.3
27.3
253
1.4
4.0
36.4
29.8
28.3
15
5.6
42.6
32.9
31.2
1.6
8.9
56.8
41.6
39.6
2.0
14.4
.4
5
-.1
4.1
-42
2.4
-.4
1.4
-1.4
.4
-1.8
2.6
-4.4
1.0
-.3
1.3
1.7
.5
1.2
2.0
-.8
-2.1
-.3
1.0
3.0
.7
2.3
2.5
-2
-.6
-.6
13
4.1
1.0
3.1
2.9
.2
1.0
-1.1
10.2
2.8
7.3
3.8
3.6
18.0
7.6
10.3
4.2
6.1
-2.5
1.1
7.3
1.4
5.9
3.6
2.3
-.7
-1.0
1.0
-1.1
.8
2.4
2.4
25
39.9
44.2
503
10.4
1.4
9.0
5.6
3.4
5
-.9
13
Gross domestic product of financial corporate
business.
42
.8
3.3
5.3
-2.0
3.3
-.7
1.4
2J6
Gross domestic product of nonfinancial
corporate business.
50.8
Consumption of fixed capital.
Net domestic product
Indirect business tax and nontax liability plus
business transfer payments less subsidies.
Domestic income .
Compensation of emptoyei
Wages and salaries
Supplements to wages and salaries
Corporate profits with inventory valuation
adjustment and capital consumption adjustment
Profits before tax
.
Profits tax liability
..
I.1..I..
Profits after tax
Dividends
Undistributed profits . . " I ZZZZZZ
Inventory valuation adjustment
Net interest
452
2.1
1.8
1.8
25.7
72
15
5.7
45
1.1
-.6
13
-1.1
1.1
0
-2
2.0
25.0
23
393
312
^sumption offixedcapital
«et domestic product
Indirect business tax and rontoTiiStypius""
&usiness transfer payments less subsidies.
Domestic income
'
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
40
45.4
- 2
-1.0
.7
345
35.4
5.3
52
42
4.3
40.1
4.8
30.6
43
455
21,4
20.8
26.9
3.4
3.4
3.2
3.4
3.8
4.4
42.1
32.3
31.9
.4
8.4
36.7
29.0
28.6
.4
6.1
27.4
23.7
23.3
.3
13
18.1
17.6
17.3
.3
-1.3
17.0
16.7
16.4
.3
-15
22.5
19.7
19.4
.3
1.1
3.5
.7
2.7
5.0
-23
3.3
-.6
1.6
-.1
5
-.6
33
-4A
-2.0
.3
-2.4
2.4
-4.8
1.0
.5
5
2.0
-1.5
2.4
-.4
1.8
1.0
-2.1
-.3
1.7
-.3
1.7
2.3
.7
1.6
2.3
-.7
-.6
-.6
1.7
4.3
4.8
4.9
4.8
5.0
355
40.6
35.1
39.4
45.9
60.8
4.7
5.0
4.9
5.1
5.5
6.4
25.8
21.7
21.3
.3
25
30.8
24.8
24.2
35.6
29.0
27.7
4.4
5.1
302
25.7
24.3
1.3
3.0
34.3
28.2
26.8
1.4
4.6
40.4
31.2
29.6
1.6
7.8
54.4
39.8
37.9
1.9
133
3.3
.9
2.4
2.4
.1
5.8
1.3
4.4
4.1
.3
-.7
-.6
1.6
3.1
.9
2.2
2.6
-5
1.0
-1.1
15
6.3
1.4
4.9
3.3
1.6
-.7
9.0
2.7
6.3
35
2.8
16.7
7.5
9.3
3.9
5.4
-2.5
-1.0
1.3
30.3
-2
-.6
1.6
.6
Billions of 1987 dollars
Gross domestic product of nonfinancial
corporate bustess.
6.1
4.1
1.0
3.1
2.7
.4
683
1.2
62
1.4
4.7
42
5
0
-1.0
1.6
- 2
-1.0
-1.0
15
1.4
Table 1.16.—Gross Domestic Product of Corporate Business in Current Dollars and Gross Domestic Product of Nonfinanciai
Corporate Business in Current and Constant Dollars: Annual, 1929-58, and Quarterly, 1946-58—Continued
Line
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
Billions of dollars
1
106.1
99.5
104.2
1255
1445
1415
1605
183.7
192.5
2062
2035
2295
245.4
Consumption of fixed capital
2
6.4
6.5
7.6
92
10.7
11.5
12.3
142
152
16.3
17.2
18.3
20.6
22.7
Net domestic product
3
99.7
93.0
96.6
116.6
133.7
130.0
148.0
169.5
1772
190.0
186.6
211.2
224.8
233.9
Indirect business tax and nontax liability plus
business transfer payments less subsidies.
4
8.3
92
10.4
12.3
13.6
142
15.7
16.9
18.5
19.8
192
212
23.0
24.4
Domestic income
Compensation of employees
Wages and salaries
Supplements to wages and salaries
Corporate profits with inventory valuation
adjustment and capital consumption adjustment
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Net interest
5
6
7
8
9
91.4
67.1
63.9
32
24.0
83.8
64.1
60.9
32
19.5
86.2
69.9
66.5
3.4
16.5
104.4
82.2
78.0
42
22.1
1202
912
86.9
4.3
29.3
115.8
88.9
84.4
4.5
27.3
132.3
98.7
93.0
5.7
34.0
152.6
114.7
107.5
7.1
38.4
158.7
123.1
115.5
7.6
36.1
170.1
134.1
125.8
8.3
36.3
167.4
132.4
123.6
8.8
352
190.0
144.8
134.8
10.0
45.3
201.7
158.3
147.0
11.3
43.6
209.5
166.7
154.0
12.6
42.9
10
11
12
13
14
15
16
17
24.0
12.9
11.1
4.3
6.7
-.3
2
.3
19.7
10.7
9.0
4.4
4.6
-.6
.4
2
24.2
9.1
15.1
52
9.9
-5.3
-2.4
~2
30.9
11.3
19.7
5.6
14.0
-5.9
-2.9
.1
34.6
12.4
222
62
16.0
-22
-32
-.3
28.5
10.2
18.3
6.4
11.9
1.9
-3.0
-.3
41.9
17.9
24.0
7.9
16.1
-5.0
-3.0
-.4
43.0
22.6
20.4
7.5
13.0
-12
-3.4
-5
38.3
19.4
18.9
7.5
11.4
1.0
-3.1
-5
39.8
20.3
19.5
7.7
11.8
-1.0
-2.5
-.3
372
17.6
19.6
7.9
11.7
-.3
-1.7
-.1
47.4
22.0
25.3
9.0
16.3
-1.7
-.3
-.1
47.5
22.0
25.5
9.6
15.9
-2.7
-12
-2
45.8
21.4
24.4
10.0
14.4
-1.5
-1.3
-.1
18
3.3
35
45
45
55
62
6.6
72
8.3
95
10.1
105
115
122
19
102.7
96 J)
995
1215
1385
135.3
153.7
176 5
1842
196.8
193.7
218.7
233.9
244.3
Gross domestic product of corporate business
Gross domestic product of financial corporate
Gross domestic product of nonfinanciai
corporate business.
256.6
Consumption of fixed capital
20
62
6.3
7.4
9.0
10.4
112
12.1
13.9
14.9
15.9
165
17.8
20.1
22.1
Net domestic product
21
96.6
89.6
92.5
112.4
128.5
124.1
141.7
162.6
169.3
180.9
176.9
200.9
213.8
2222
Indirect business tax and nontax liability plus
business transfer payments less subsidies.
22
8.1
8.9
10.1
11.9
13.1
13.7
152
16.4
17.9
19.1
18.5
20.5
22.2
23.5
Domestic income .
Compensation of employees ...
Wages and salaries .
Supplements to wages and salaries
Corporate profits with inventory valuation
adjustment and capital consumption adjustment
Profits before tax
Profits tax liability .
Profits after tax
Dividends .
Undistributed profits
Inventory valuation adjustment....
Capital consumption adjustment .
Net interest
23
24
25
26
27
88.5
65.1
62.0
3.1
22.4
80.7
61.9
58.8
3.1
17.8
82.4
67.2
63.9
3.3
14.5
1005
79.1
75.1
4.0
20.5
115.4
87.7
83.6
4.1
26.7
110.3
852
80.9
4.3
242
1265
94.7
89.2
5.5
30.9
1462
1102
103.3
6.8
35.0
151.4
1182
110.8
7.3
32.0
161.7
128.6
120.7
8.0
31.8
158.4
126.4
118.1
8.3
30.5
180.4
138.4
128.9
9.5
40.4
191.6
151.3
140.5
10.8
38.5
198.7
159.0
146.9
12.0
37.5
28
29
30
31
32
33
34
35
22.3
12.6
9.7
4.1
5.7
-.3
.3
1.0
17.9
10.2
7.7
4.1
3.6
-.6
.5
1.0
22.1
8.6
13.5
4.8
8.7
-5.3
-2.3
.7
292
10.8
18.4
5.5
12.9
-5.9
-25
5
315
11.8
20.1
6.0
142
-22
-3.0
.9
252
9.3
15.9
6.0
9.9
1.9
-2.9
1.0
38.7
16.9
21.8
7.5
14.4
-5.0
-2.9
.9
39.4
212
182
7.1
11.1
-1.2
-32
1.1
34.0
17.8
162
7.1
9.1
1.0
-3.0
12
35.1
18.5
16.7
7.3
9.4
-1.0
-2.3
1.3
32.4
15.6
16.7
7.4
9.3
-.3
-1.6
1.6
42.3
20.2
22.1
8.5
13.7
-1.7
-.2
1.6
42.2
20.1
222
9.0
13.1
-2.7
-1.0
1.8
40.2
19.1
21.1
9.3
11.9
-1.5
-12
2.2
Billions of 1987 dollars
Gross domestic product ot nonfinanciai
corporate business.
36
Consumption of fixed capital ...»
Net domestic product
Indirect business tax and nontax liability plus
business transfer payments less subsidies.
Domestic income
37
38
39
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
40
»«••«
•
570,4
569.7
6415
6872
7175
766.0
7562
835.0
8652
8745
572
5132
72.7
59.7
510.0
72.9
62.0
579.8
76.8
64.7
622.5
79.0
67.7
649.3
81.1
70.8
6952
83.8
74.0
682.1
842
77.1
757.9
89.8
80.7
784.5
925
84.1
790.4
94.4
440.4
437.0
503.0
543 5
5682
611.4
598.0
668.1
692.0
696.0
Table 1.16.—Gross Domestic Product of Corporate Business in Current Dollars and Gross Domestic Product of Nonfinancial
Corporate Business in Current and Constant Dollars: Annual, 1929-58, and Quarterly, 1946-58-Continued
1946
1947
1948
Line
I
II
III
IV
I
III
II
IV
I
II
1949
III
IV
I
II
1950
111
IV
1
II
Billions of dollars
1
933
101.7
108.1
114.0
119.1
1243
127.1
1333
139.9
1433
146.1
1485
1452
141.1
1423
1373
1453
Consumption of fixed capital
2
6.5
72
8.0
8.6
9.0
9.1
9.3
9.6
10.0
10.4
11.1
11.3
113
11.5
115
11.6
113
12.0
Net domestic product
3
865
94.4
100.1
105.5
110.1
1152
117.9
123.4
129.9
132.8
135.0
137.2
133.9
129.6
130.4
1262
133.3
142.7
Indirect business tax and nontax liability plus
business transfer payments less subsidies.
4
9.9
10.2
10.6
10.9
11.9
12.0
122
12.9
13.0
135
13.8
13.9
13.9
14.1
14.4
14.4
14.7
15.4
Domestic income .
Compensation of employees..
Wages and salaries .
Supplements to wages and salaries
Corporate profits with inventory valuation
adjustment and capital consumption adjustment
Profits before tax
Profits tax liability
Profits after tax
Dividends
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Net interest
5
6
7
8
9
76.6
63.2
60.0
32
13.6
842
682
64.8
3.3
16.3
895
72.7
69.2
3.5
17.0
94.6
75.5
71.9
3.7
19.3
98.2
792
75.2
4.0
18.9
1032
80.6
765
4.1
22.6
105.7
82.8
78.6
42
22.8
1105
86.1
81.7
4.4
24.3
116.9
89.1
84.8
42
28.1
119.3
89.9
85.6
42
29.7
121.3
92.7
88.4
4.3
28.8
123.2
93.1
88.7
4.3
30.4
120.0
912
86.8
4.3
292
1155
89.1
84.6
4.5
26.8
116.0
882
83.6
4.5
282
111.9
87.1
82.5
4.6
25.0
118.6
90.7
855
52
28.4
127.4
95.7
902
5.5
32.0
10
11
12
13
14
15
16
17
16.3
6.1
10.2
4.8
5.4
-12
-1.5
-2
212
8.0
132
5.1
8.1
-2.8
-2.2
-2
27.9
10.5
17.4
5.3
12.1
-8.1
-2.8
-.2
31.4
11.8
19.6
5.6
14.1
-8.9
-32
-2
31.9
11.6
20.3
5.4
14.9
-9.7
-3.3
0
30.0
10.9
19.1
5.6
13.4
-4.7
-2.8
0
29.6
10.8
18.8
5.9
13.0
-4.0
-2.8
.1
32.3
11.8
205
5.7
14.8
-52
-2.8
.1
33.8
12.1
21.7
62
155
-2.9
-2.8
-.3
35.6
12.8
22.8
5.8
17.0
-2.9
-3.1
-.3
35.1
126
22.5
6.3
162
-2.8
-3.4
-.3
33.9
12.2
21.7
65
15.2
-.1
-3.4
-.3
30.8
11.0
19.8
6.3
13.4
1.4
-3.1
-.3
27.1
9.7
17.4
6.3
11.0
2.8
-3.1
-.3
28.2
10.1
18.1
6.2
11.8
3.0
-3.0
-.3
27.7
9.9
17.8
6.7
112
2
-2.9
-.3
31.8
13.6
182
7.4
108
-.7
-2.7
-.5
38.3
16.3
21.9
7.5
14.4
-3.3
-2.9
-.4
Gross domestic product of financial corporate
business.
18
42
4.3
43
4.4
4.3
4.4
45
4.9
4.9
53
5.7
6.1
6.1
62
6.3
6.4
62
65
Gross domestic product of nonfinancial
corporate buslifoess.
19
88.8
97.3
103.8
109.7
114.8
119.8
122.7
128.1
135.0
138 3
140.4
142.4
139.1
135.0
135.7
131.5
1383
148.2
Consumption of fixed capital
20
6.3
7.1
7.8
8.3
8.7
8.9
9.0
9.4
9.7
10.2
10.8
11.1
11.0
11.2
11.3
11.4
11.5
11.7
Net domestic product
21
62.4
90.3
96.0
101.3
106.0
111.0
113.7
118.7
125.3
127.8
129.6
131.4
128.0
123.7
124.4
120.1
127.3
1365
Indirect business tax and nontax liability plus
business transfer payments less subsidies.
22
9.6
9.9
10.3
10.6
11.6
11.6
11.8
12.5
12.6
13.1
13.4
135
13.5
13.7
13.9
13.9
142
14.9
Domestic income ,
Compensation of employees.
Wages and salaries .
Supplements to wsges and salaries
Corporate profits with inventory valuation
adjustment and capital consumption adjustment
Profits before tax
Profits tax liability ,
Profits after tax
Dividends .
Undistributed profits ..
Inventory valuation adjustment ...
Capital consumption adjustment.
Net interest
23
24
25
26
27
72.8
60.6
57.6
3.1
115
80.3
65.5
62.3
32
142
85.7
69.9
66.6
3.3
15.1
90.7
72.7
692
35
17.4
94.5
762
72.4
3.9
17.4
99.3
775
73.6
3.9
21.0
101.8
79.8
75.7
4.1
212
1062
82.9
78.7
42
22.5
112.7
85.8
81.7
4.1
26.0
114.7
86.5
82.4
4.1
27.3
1162
892
85.1
4.1
262
117.9
89.5
85.4
4.1
275
114.6
87.5
83.4
4.1
26.1
110.1
85.4
81.1
4.3
23.7
110.5
84.5
80.1
4.3
25.0
1062
83.3
78.9
4.4
21.9
113.1
86.8
81.8
5.0
25.3
121.6
91.7
86.4
5.3
29.0
28
29
30
31
32
33
34
35
14.2
5.6
85
4.4
4.1
-12
-1.4
.6
19.1
7.5
115
4.8
6.8
-2.8
-2.1
.7
25.9
10.0
15.9
5.0
10.9
-3.1
-2.7
.7
29.4
11.4
18.1
5.3
12.8
-3.9
-3.1
.7
302
11.1
19.0
5.2
13.9
-9.7
-3.1
.8
28.4
105
17.8
5.4
12.4
-4.7
-2.6
.8
27.9
10.4
175
5.7
11.8
-4.0
-2.7
.9
30.3
11.3
19.0
5.5
135
-52
-2.6
.8
31.5
11.6
19.9
6.0
13.9
-2.9
-2.7
1.0
33.1
122
20.9
5.6
15.3
-2.9
-2.9
.9
322
11.9
20.3
6.0
14.4
-2.8
-3.3
.9
30.8
11.4
19.4
62
132
-.1
-32
.8
27.6
10.2
17.4
6.0
11.4
1.4
-2.9
1.0
23.8
8.8
15.0
5.9
9.0
2.8
-3.0
1.0
24.9
92
15.7
5.8
9.8
3.0
-2.9
1.0
24.5
9.1
15.4
62
92
2
-2.8
1.0
28.6
12.6
16.0
7.0
9.1
-.7
-2.6
1.0
35.1
15.3
19.8
7.1
12.7
-3.3
-2.8
.9
Gross domestic product of corporate business
154.7
Billions of 1987 dollars
Gross domestic product of nonfinancial
corporate business.
Consumption of fixed capital
«et domestic product
direct business tax arid" noritex liability pius"
D^ness transfer payments less subsidies.
Domestic income
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
569.0
569.4
5663
5773
5753
5682
5753
5593
592.6
6303
56.1
512.9
72.8
56.9
512.5
72.7
57.6
508.4
72.7
58.3
518.7
72.7
58.9
516.5
72.3
59.4
508.7
73.2
60.0
515.3
73.0
60.5
499.4
73.3
61.1
5315
73.9
61.7
5692
76.0
440.1
439.8
435.7
446.1
444.2
435.6
4423
426.0
457.6
493.2
Table 1.16.—Gross Domestic Product of Corporate Business in Current Dollars and Gross Domestic Product of Nonfinancial
Corporate Business in Current and Constant Dollars: Annual, 1929-58, and Quarterly, 1946-58-Continued
III
IV
1
II
III
IV
I
IV
III
II
1954
1953
1952
1951
1950
Line
II
I
III
IV
1
II
111
IV
210.6
Billions of dollars
1
166.7
174.8
1795
182.6
1844
1875
189.0
1875
1905
2024
2065
2092
208.7
2002
2005
2012
2032
Consumption offixedcapital
2
125
13.1
13.8
14.1
14.3
14.6
14.9
152
15.3
15.6
155
162
165
16.6
165
17.1
17.3
17.6
Net domestic product
3
1542
161.7
166.1
168.6
170.1
173.3
174.1
172.7
1752
186.8
191.0
193.1
192.1
183.6
183.7
184.0
185.9
193.0
Indirect business tax and nontax liability plus
business transfer payments less subsidies.
4
16.7
16.1
172
16.5
16.7
17.3
17.8
18.4
18.7
192
19.6
20.0
19.9
19.7
19.2
19.1
19.0
195
Domestic income
Compensation of employees —
Wages and salaries
Supplements to wages and salaries .„
Corporate profits with inventory valuation
adjustment and capital consumption adjustment
Profits before tax
Profits tax liability
Profits after tax
Dividends
..
Undistributed profits
.......
Inventory valuation adjustment
Capital consumption adjustment
Net interest
-
5
6
7
8
9
1375
101.7
955
5.9
362
145.7
106.8
1005
6.3
392
149.0
111.4
104.6
6.8
38.0
152.1
114.7
107.6
7.1
37.9
153.4
115.5
108.3
72
38.4
156.0
117.1
109.7
7.4
395
1565
120.0
1125
7.5
36.9
154.4
120.3
1127
75
34.6
156.5
122.6
115.0
7.7
34.4
167.6
129.6
121.7
7.9
385
17t.4
1325
124.4
8.1
39.2
173.1
135.0
126.7
8.3
38.3
1722
135.2
126.8
8.4
375
1635
133.7
1255
8.5
30.5
164.4
131.9
1232
8.7
325
164.9
1312
122.6
8.6
33.8
166.8
131.4
122.6
8.8
35.6
173.5
134,9
125.9
9.0
38.6
10
11
12
13
14
15
16
17
46.5
19.9
26.5
8.0
18.5
-7.3
-3.0
-.4
512
21.8
29.3
8.5
20.9
-3.4
-.4
50.3
26.3
24.1
7.4
16.7
-8.7
-3.6
-.4
42.3
22.3
20.0
75
125
-1.0
-3.4
-5
382
20.1
18.1
75
10.6
35
-3.3
-5
41.1
215
19.6
7.4
12.1
. 15
-3.1
-5
38.8
19.8
19.0
7.1
11.9
1.3
-3.2
-.6
36.7
18.7
18.1
7.7
10.4
12
-3.3
-5
36.8
18.6
182
75
10.7
.7
-3.1
-5
40.8
20.5
20.3
7.7
12.5
.8
-3.1
-5
42.6
21.6
21.0
7.3
13.7
-.4
-25
-.4
42.6
21.7
20.9
7.9
12.9
-1.6
-2.6
-.3
41.7
212
20.5
7.9
12.6
-2.0
-2.4
-.3
32.3
16.6
15.7
7.8
7.9
0
-1.9
-.3
34.6
16.4
182
8.1
10.1
0
-2.0
0
35.7
16.9
18.8
7.5
112
0
-1.9
-.1
38.0
17.9
20.1
8.0
12.1
-.7
-1.7
-.2
40.8
19.3
215
7.9
13.6
-.5
-1.4
-.2
Gross domestic product of financial corporate
business.
16
6.7
65
65
7.1
75
7.7
7.7
8.1
8.4
85
9.1
9.4
9.7
9.6
10.1
10.1
10.1
102
Gross domestic product of nonfinancial
corporate busntss.
19
1605
1675
1735
1755
177.1
1802
1814
1795
182.0
1935
1975
1995
1995
1905
1904
191.1
193.1
2004
Gross domestic product of corporate business
Consumption of fixed capital
20
122
125
13.4
13.7
14.0
14.3
14.5
145
14.9
15.3
155
15.8
16.1
162
16.5
16.7
16.9
172
Net domestic product —
21
1475
155.1
159.6
1615
163.1
165.9
1665
165.0
167.1
178.4
1825
184.0
1825
174.3
173.9
174.4
1762
1832
Indirect business tax and nontax liability plus
business transfer payments less subsidies.
22
16.1
15.5
165
15.9
162
16.7
172
17.8
18.1
18.6
19.0
19.3
192
19.0
18.5
18.4
18.3
18.7
Domestic income
«...
Compensation of employees.....
—
Wages and salaries
Supplements to wages and salaries
Corporate profits with inventory valuation
adjustment and capital consumption adjustment
Profits before tax
Profits tax liability —
Profits after tax
Dividends
Undistrtouted profits
Inventory valuation adjustment
Capital consumption adjustment
Net interest
23
24
25
26
27
131.7
97.6
91.9
5.7
33.1
139.6
1025
965
6.0
36.1
143.0
107.1
100.5
6.6
34.8
145.9
1102
103.4
65
34.6
147.0
110.9
104.0
6.9
34.9
149.2
112.4
105.3
7.1
35.6
149.6
1152
108.1
72
33.2
1472
115.4
108.1
72
30.7
149.0
117.6
1102
7.3
302
1595
124.4
116.9
7.6
34.1
163.3
127.2
1195
75
345
164.7
129.6
121.6
7.9
33.9
163.6
129.6
121.6
8.1
32.7
155.3
128.1
120.0
8.1
25.8
155.4
126.1
117.9
8.3
27.9
155.9
125.4
117.2
82
29.1
157.9
125.4
117.0
8.3
30.9
164.4
120.7
1202
85
34.0
28
29
30
31
32
33
34
35
43.3
18.9
24.4
7.6
16.8
-7.3
-2.9
.9
47.9
20.8
27.1
8.1
19.0
-8.5
-35
5
47.1
25.1
22.0
7.1
15.0
-8.7
-35
1.1
38.9
205
175
72
10.7
-1.0
-3.3
1.1
34.6
18.8
15.8
7.1
8.7
3.5
-3.1
1.1
372
20.1
17.0
7.1
9.9
15
-3.0
1.1
34.9
18.3
16.7
6.7
9.9
1.3
-3.1
1.2
32.6
17.1
155
7.3
82
12
-3.1
12
32.4
17.0
15.4
7.1
85
.7
-3.0
1.3
362
18.9
17.3
7.3
10.0
.8
-2.9
1.3
38.1
19.9
182
6.9
11.3
-.4
-2.8
1.3
38.0
20.0
18.1
75
10.6
-1.6
-2.5
12
37.0
19.4
17.6
75
10.1
-2.0
-2.3
1.3
27.5
14.7
12.8
7.3
55
0
-1.7
1.4
29.8
14.4
15.3
7.7
7.7
0
-1.9
1.4
30.9
14.9
15.9
7.1
8.8
0
-1.7
1.5
332
16.0
172
7.5
9.7
-.7
-1.6
1.6
35.8
17.3
18.5
7.4
11.1
-.5
-1.3
1.7
Billions of 1987 dollars
Gross domestic product of nonfinandal
corporate busfess.
36
6625
6812
665.1
687.1
6935
702.7
7095
7065
706.7
7454
7685
7752
7715
7485
7445
746.4
7565
7775
Consumption offixedcapital
Net domestic product
indirect business tax and nontax liability plus
business transfer payments less subsidies.
Domestic income
—
37
38
39
62.3
600.4
79.7
63.0
6182
77.7
63.6
601.4
79.4
645
6225
78.0
65.1
628.7
78.9
655
636.9
79.7
66.6
6432
79.9
675
638.9
80.9
68.1
638.6
80.9
685
676.6
825
69.6
699.3
84.0
70.4
704.8
835
712
700.1
83.8
72.0
6765
83.6
72.9
671.7
83.3
73.7
672.7
83.3
74.4
682.0
84.3
752
702.1
85.8
40
520.8
5405
522.0
5445
549.9
5572
5635
558.0
557.7
593.8
615.3
620.9
616.3
592.9
588.4
589.5
597.7
616.3
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
Table 1.16.—Gross Domestic Product of Corporate Business in Current Dollars and Gross Domestic Product of Nonfinancial
Corporate Business in Current and Constant Dollars: Annual, 1929-58, and Quarterly, 1946-5&-Continued
1955
Line
1
11
1956
• 11 "
1
11
1957
111
IV
11
|
1958
ill
IV
I
II
III
IV
265.1
Billions of dollars
1
220.2
227.1
2325
2384
2404
243.7
2455
2522
257.0
257.0
2585
253.7
244.7
2444
2532
Consumption of fixed capital
2
17.7
18.0
185
19.0
19.8
20.3
21.0
21.4
22.1
225
224
232
232
23.6
239
242
Net domestic product
3
202.5
209.1
213.9
219.3
2202
223.4
224.6
2305
2345
234.6
235.6
2305
2215
220.7
229.3
240.9
Indirect business tax and nontax liability plus
business transfer payments (ess subsidies.
4
202
21.0
21.6
22.0
22.4
22.7
23.3
23.9
24.1
24.4
24.7
245
24 4
24.6
24.9
25.7
Domestic income .
Compensation of employees
Wages and salaries
Supplements to wages and salaries
Corporate profits with inventory valuation
adjustment and capital consumption adjustment
Profits before tax
Profits tax liability .
Profits after tax ..„.
Dividends.
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Net interest
5
6
7
8
9
1822
138.4
129.0
9.5
44.0
188.1
143.0
1332
95
452
1922
146.8
1365
10.1
455
1974
150.9
1405
10.4
46.4
197.9
154.0
143.1
104
44.0
200.7
157.0
145.8
112
43.9
201.4
158.8
1474
115
425
206.9
163.6
1514
115
43.6
210.7
165.8
153 5
124
44.9
2102
166.6
154.1
125
43.7
211.0
167.9
155.1
124
43.3
206.0
1664
153,4
12.9
39.9
197.3
1622
149.6
125
34.7
1962
160.3
147.8
125
35.4
204.4
164.5
151.8
12.7
39.4
2152
1695
156.4
13.1
452
10
11
12
13
14
15
16
17
45.9
214
24.6
8.6
16.0
-1.1
-4
2
46.6
21.6
25.0
85
162
-.9
-5
-.1
47.6
222
25.4
94
16.1
-22
2
-.1
49.4
23.1
26.3
94
17.0
-25
-2
0
47.4
210
25.3
95
154
-24
-.4
-.1
48.4
225
26.0
95
16.4
-3.6
-4
-2
45.6
21.1
245
95
15.0
-12
-1.6
-4
48.4
22.3
26.1
10.0
16.1
-3.0
-1.7
-.3
49.1
225
264
10.0
16.3
-2.4
-14
0
46.6
214
24.7
94
14.9
-15
-15
-.1
45.6
21.4
242
10.0
142
-1.3
-1.1
-2
41.8
19.6
222
10.0
122
-.9
-.9
-2
35.7
16.9
18.8
10.0
8.8
-2
-5
.4
365
172
192
10.0
92
.3
-1.4
5
412
19.4
215
9.9
114
-2
-15
5
475
22.3
252
9.7
155
-.9
-1.4
5
Gross domestic product offinancialcorporate
business.
18
105
10.7
104
114
112
115
11.6
11.7
12.1
12.1
124
124
134
135
135
134
Gross domestic product of nonfinancial
corporate business.
19
209.7
2164
2214
2274
2284
2322
2344
2405
2444
2454
2462
2414
2314
2304
2394
251.1
Gross domestic product of corporate business
Consumption of fixed capital.
20
17.3
175
18.0
18.5
194
195
205
20.9
215
21.9
22.3
22.7
22.6
23.0
234
23.6
Net domestic product
21
192.4
198.9
203.4
208.7
209.5
212.4
2135
219.7
2234
223.1
223.9
218.7
2085
207.9
' 216.4
2275
22
195
205
204
212
21.6
21.9
22.4
23.0
23.3
235
235
235
23.4
23.6
23.9
24.6
184.2
152.1
1404
115
295
1925
156.1
144.1
12.0
33.6
202.9
160.9
1485
12.4
39.1
Indirect business tax and nontax liability plus
business transfer payments less subsidies.
Domestic income .
Compensation of employees .
Wages and salaries..
Statements to wages and salaries
Corporate profits with inventory valuation
adjustment and capital consumption adjustment
Profits before tax
Profits tax liability .
Profits after tax.....
Dividends..
Undistributed profits .
inventory valuation adjustme'm"!"
^ ^ c o n s u m p t i o n adjustment..
23
24
25
26
27
172.9
1322
1232
9.0
39.1
178.6
136.7
1275
9.4
40.3
182.6
140.3
130.6
9.7
40.6
1875
144.3
134.4
9.9
415
187.9
1472
1365
10.4
39.1
190.6
150.0
139.4
10.7
384
191.1
151.7
1405
10.9
37.6
1965
1564
145.0
11.3
38.4
200.0
158.4
146.6
115
395
1995
159.0
147.1
12.0
38.4
2002
160.1
1474
122
37.8
195.1
1584
146.1
12.3
344
185.4
154.1
1422
11.9
285
28
29
30
31
32
33
34
35
405
19.6
21.4
8.0
13.3
-1.1
-.7
1.6
415
195
21.7
65
135
-.9
-.4
1.6
425
204
222
8.7
135
-22
4
1.7
44.4
212
232
84
14.4
-2.8
-.1
1.7
42.4
20.1
222
84
13.4
-24
-4
1.6
432
205
22.7
9.0
13.7
-3.6
-5
1.7
404
192
21.1
8.9
122
-12
-15
15
43.0
20.4
22.6
9.4
132
-3.0
-1.6
14
43.7
20.6
23.0
9.3
13.7
-2.4
-1.7
2.0
412
195
215
92
12.4
-15
-14
2.1
404
19.0
21.0
9.3
11.7
-1.3
-1.0
24
36.1
17.1
19.0
9.3
9.6
-.9
-5
2.4
29.8
14.1
15.7
9.4
6.3
-2
-.7
25
305
145
16.0
9.4
6.6
4
-14
2.7
354
16.7
185
9.3
9.3
-2
-1.4
25
412
195
215
9.0
125
-.9
-14
2.9
Billions of 1987 dollars
8094
8304
8414
8584
8562
8624
8694
8734
8775
877.1
877.7
8655
8202
8294
8484
884.1
37
38
39
759
734.0
875
76.7
753.7
89.4
775
764.0
904
78.4
780.0
92.1
79.3
776.9
924
802
782.1
92.3
812
7874
922
82.1
7914
93.4
82.9
794.7
94.3
83.8
793.3
934
84.5
7932
95.0
852
780.4
94.3
85.8
734.4
92.7
86.4
743.3
93.6
87.0
761.3
95.1
875
7965
96.9
40
6465
664.3
673.7
687.9
684.6
689.8
695.6
697.9
700.4
6995
6982
686.1
641.6
649.7
666.3
699.7
nonftnanctal
36
feaaEsas**''
^j JS^ fi ^l ?
^ .^"a^'^to
n s f w payments less subsidies.
Domestic income
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
•
2. Personal Income and Outlays
Table 2.1 .-Personal Income and Its Disposition: Annual, 1929-58, and Quarterly, 1946-58
[Billions of dollars; quarters seasonally adjusted at annual rates]
Line
Personal Income .
Wage and salary disbursements
C^modityiwpducing industries
Manufacturing
Distributive industries .
Service industries .......
Government
1929
1930
1934
1933
1932
1931
1935
1941
1940
1939
1938
1937
1936
1942
1943
1
84.2
755
64.4
49.1
464
525
595
675
732
675
714
77.4
944
1225
1505
2
3
4
5
6
7
505
215
16.1
15.6
8.4
5.0
462
185
13.9
145
8.0
52
392
14.3
105
12.5
7.1
55
305
9.9
7.7
9.8
5.8
5.0
29.0
95
7.8
8.8
5.2
52
33.7
1Z1
9.6
9.9
5.7
6.1
36.7
13.5
10.8
10.7
5.9
6.5
424
15.8
12.4
115
65
7.9
46.1
18.4
14.6
132
7.1
75
43.0
15.3
11.8
12.6
65
8.3
464
17.4
13.6
13.3
7.1
82
494
19.7
15.6
142
75
85
621
27.5
21.7
16.3
8.1
102
82.1
39.1
30.9
18.0
9.0
16.0
105.6
49.0
40.9
20.1
9.9
26.6
A
A
Other labor income
8
5
5
5
.4
5
5
5
4
.6
.7
4
1.1
Proprietors' income with inventory valuation and
capital consumption adjustments.
Farm
Nonfarm .
9
145
11.4
8.7
55
5.5
75
10.4
10.7
124
114
115
125
17.1
234
285
6.1
8.4
4.3
7.1
3.4
5.3
21
3.3
2.5
3.0
2.9
4.4
5.2
5.2
4.3
6.4
6.0
6.9
4.4
6.6
4.4
7.1
4.4
8.3
6.4
10.7
10.1
13.8
12.0
16.9
44
42
3.4
2.7
24
15
15
1.7
15
2.4
25
2.7
32
4.1
4i
4J
Rental income of persons with capital
consumption adjustment
10
11
12
.4
Personal dividend Income
13
55
55
4.1
25
24
25
25
45
4.7
32
3.8
4.0
4.4
45
Personal Merest income
14
65
65
65
54
5.4
55
5.4
52
5A
52
52
52
55
5.1
5.1
Transfer payments to persons
Old-age, survivors, disability, and health insurance
benefits.
Government unemployment insurance benefits
Veterans benefits
Government employees retirement benefits
Other transfer payments
Aid to families with dependent children
Other
15
16
15
1.4
25
15
15
24
22
3.4
27
0
25
0
34
0
34
.1
3.0
.1
25
..............
25
0
17
18
19
20
21
22
"""6
.1
.6
0
.6
.3
1.4
.4
.5
5
1.6
.5
.5
.3
1.6
.4
.5
.3
1.7
.4
5
5
1.7
.1
.5
Less: Personal contributions for social insurance
23
.1
.1
2
2
2
2
2
2
.6
5
.6
.7
5
1.2
1J
24
2.3
21
15
1.1
12
15
1.6
2.0
2.7
25
22
2.3
34
5.7
175
Less: Personal tax and nontax payments
5
.1
5
2
.8
.8
2
1.0
5
2
1.1
.4
2
1.3
.5
2
1.5
15
.3
12
A
5
.3
15
2
A
1.7
Equals: Disposable persona) income
25
815
732
634
48.0
445
515
575
655
70.5
644
69.7
75.0
914
1165
133.1
Less: Personal outlays
26
79.4
71.4
61.6
. 495
465
52.1
565
62.9
67.7
65.1
684
722
82.1
89.7
100.4
27
28
29
775
15
.3
702
.9
.3
60.7
.7
.3
48.7
.5
2
45.9
5
2
51.4
.5
2
55.9
.5
2
62.2
.6
2
66.8
.7
.2
642
.7
2
672
.7
2
712
.8
.2
81.0
.9
2
88.9
.7
.1
99.7
5
Equals: Personal saving
30
25
1.8
15
-15
-1.7
-.5
U
25
28
-2
1.7
2.9
95
264
325
Addenda:
Disposable personal income:
Total, billions of 1987 dollars
Per capita:
Current dollars
1987 dollars
.
Population
(mid-period,
millions) .
31
5855
5422
519.7
449.8
437.0
462.0
5052
565.9
5855
547.6
590.3
6272
713.9
824.7
863.8
32
33
34
672
4507
121.9
594
4,402
1232
507
4,186
124.1
384
3,600
124.9
357
3,477
125.7
407
3,652
126.5
455
3,967
127.4
514
4,415
1282
547
4,540
129.0
499
4213
130.0
532
4,505
131.0
568
4,747
132.1
689
5,352
133.4
864
6,115
134.9
973
6.317
136.7
35
3.0
2.5
21
-3.1
-3.9
-1.1
2.3
4.4
4.0
-5
2.4
3.8
10.7
23.1
24.5
Personal consumption expenditures
Interest paid by persons
Personal transfer payments to rest of the world (net)
Personal saving as percentage of dsposable
personal income.
See note at end of table.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
2
Table 2.1.—Personal Income and Its Disposition: Annual, 1923-58, and Quarterly, 1946-58-Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]
Line
Personal Income
Wage and salary disbursements .
Commodity-producing industries ..
Manufacturing
Distributive industries
Service industries
Government
-
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1
164.4
170.0
177.7
190.1
2093
206.1
2273
2565
273.7
290.4
293.0
3145
3375
3565
3672
2
3
4
5
6
7
1163
50.4
42.9
22.7
10.9
33.0
1175
45.9
382
24.8
11.9
34.9
112.0
46.0
36.5
31.0
14.3
20.7
123.1
542
425
352
16.1
175
1355
61.1
47.1
375
17.9
19.0
1343
573
44.6
37.7
185
20.8
1472
64.8
50.3
39.9
19.9
22.6
1715
76.4
59.4
44.4
21.6
292
185.6
82.1
642
47.0
232
33.3
1993
89.8
71.3
49.9
25.0
34.4
1972
85.8
67.6
50.3
262
34.9
212.1
93.3
73.9
535
28.7
36.6
2293
100.8
79.5
58.0
315
38.8
2393
104.4
241.3
100.3
78.7
61.1
35.9
44.1
82.5
60.7
333
41.0
Other labor Income
8
15
1.8
23
2.4
2.7
23
3.7
4.6
52
53
6.1
73
83
9.0
9A
Proprietors' Income with inventory valuation and
capital consumption adjustments.
Farm
Nonfarm
9
303
315
36.4
355
40.4
353
383
443
44.4
433
43.4
453
463
483
51.4
10
11
11.9
18.1
12.4
19.1
14.8
21.6
15.0
205
17.4
23.0
12.6
232
13.5
252
16.0
28.0
15.0
29.4
123
30.5
12.3
31.1
11.2
34.1
11.0
35.9
10.9
37.9
12.8
38.6
Rental income of persons with capital
consumption adjustment
12
43
53
53
5.8
63
6.7
7.6
8.4
95
10.7
11.6
123
12.4
13.1
13.9
Personal dividend income
13
45
4.7
5.6
63
7.0
72
83
8.6
85
A9
93
105
11.4
113
11.6
Personal Interest Income
14
5.1
5.8
6.6
7.6
8.1
83
9.7
10.5
112
12.7
133
153
17.0
193
20.6
Transfer payments to persons
Old-age, survivors, disability, and health insurance
benefits.
Government unemployment insurance benefits
Veterans benefits
Government employees retirement benefits .
Other transfer payments .
Aid to families with dependent children .
Other
15
16
35
2
6.1
.3
112
.4
11.6
5
11.1
.6
12.1
.7
14.9
1.0
123
1.9
133
22
143
3.0
163
3.6
17.3
4.9
185
5.7
21.4
7.3
253
8.5
17
18
.1
1.0
19
20
21
22
.4
3.0
.5
1.9
1.1
7.0
.7
2.0
.8
7.0
.7
2.6
.3
2.3
.9
5.9
.7
3.0
.4
2.6
1.9
5.3
.9
3.5
.5
3.0
1.5
7.7
1.0
3.8
.6
.9
4.6
1.1
3.9
.6
1.0
4.1
1.4
4.4
.5
4.8
5
4.2
4.1
4.7
2.5
6.0
8
3.9
1.5
4.4
1.9
5.0
.6
4.4
1.9
45
22
55
,7
33
22
42
15
4.5
.6
33
15
4.4
1.7
3.3
1.1
4.3
12
42
.5
3.7
47
52
Less: Personal contributions for social Insurance
23
2.1
22
22
23
3.4
33
43
45
52
53
6.7
63
13
12
23
2.0
Uss: Personal tax and nontax payments
24
m
20.6
18A
21.1
20.6
18.0
20.1
28/4
335
34.9
313
345
38.7
413
40.9
Eqiate: Disposable personal income
25
1453
149.4
1593
169.1
188.4
188.1
207.7
228.1
2402
2555
2612
279.9
2983
3152
3263
Lrn: Personal outlays
26
1093
1203
145.7
164.1
1775
181.1
195.4
2115
2223
2375
245.0
2643
2775
292.6
302.3
27
28
29
1085
5
.4
119.9
5
.5
144.3
.7
.7
162.3
1.1
.7
175.4
1.4
.7
178.9
1.8
5
192.7
2.3
.4
208.7
2.5
.4
219.7
2.9
.4
2335
3.6
5
240.7
3.8
5
259.1
4.4
.4
271.9
5.1
5
286.7
55
5
296.3
5.6
.4
Equate Personal saving
30
365
285
13.6
53
103
63
123
165
173
183
162
15.9
213
225
243
Addenda:
Disposable personal income:
total, billions of 1987 dollars
Per capita:
Current dollars
1987 dollars .
Population (mid-period, millions)'".!'.'.!'."!!.!!!!'.!
9013
890.9
860.0
826.1
872.9
874.5
942.5
978.2
1,009.7
1,0535
1,0715
1,130.8
1,185.2
1214.6
1236,0
32
33
34
1,053
6,516
138.4
1,068
6,367
139.9
1,126
6,083
141.4
1,173
5,732
144.1
1,285
5,953
146.6
1,261
5,862
1492
1369
6,214
151.7
1,479
6,340
154.3
1,530
6,433
157.0
1,601
6,603
159.6
1,608
6,598
162.4
1,693
6,842
165.3
1,776
7,046
1682
1,840
7,091
1713
1,874
7,098
174.1
25.0
192
85
3.0
5.8
3.7
5.9
7.3
72
7.0
6.2
5.7
7.1
72
7.4
Personal consumption expenditures
Interest paid by persons
Personal transfer payments to rest of the world (net)
Personal saving as percentage of disposable
personal income.
See note at end of table.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
31
35
'
Table 2.1.—Personal Income and Its Disposition: Annual, 1929-58, and Quarterly, 1946-58-Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]
I
IV
111
11
IV
111
II
1
1949
1948
1947
1946
Une
III
11
1
I
IV
II
1950
111
IV
I
II
2022
207.6
213.1
213.1
207.2
2055
2052
206.3
220.4
2212
1345
133.9
133.4
137.1
57.1
44.4
37.4
18.4
20.9
56.0
43.3
37.1
18.9
21.4
58.4
45.4
38.0
192
21.4
142.9
62.6
43.4
39.1
19.6
21.6
1
170.1
1752
181.0
184.3
186.7
184.9
1925
1962
Wage and salary disbursements .
Commodity-producing industries .
Manufacturing .
Distributive industries ,
Service industries
Government
2
3
4
5
6
7
106.9
1105
1135
1172
119.7
1215
123.4
127.8
1315
133.1
1382
139.4
1365
50.7
402
32.8
152
18.6
52.3
41.2
33.8
15.6
17.9
53.4
42.0
34.3
162
17.6
54.3
42.3
35.8
16.3
17.0
57.0
44.4
36.9
16.4
175
59.4
46.1
36.6
17.4
17.9
59.8
46.4
37.1
17.8
18.3
62.4
48.0
382
182
19.5
62.6
48.0
38.3
18.2
20.3
60.3
46.4
37.9
182
20.4
Other labor income .
8
15
15
2.0
2.1
22
25
2.4
25
2.7
2.7
2.7
25
25
2.9
3.0
3.1
3.3
3.5
Proprietors' Income with inventory valuation and
capital consumption adjustments.
Farm
Nonfarm
9
34.0
35.6
38.1
37.7
372
33.4
35.0
36.5
37.7
41.6
415
405
365
35.9
352
35.7
36.8
37.4
10
11
13.0
21.0
13.6
22.0
16.1
22.1
16.5
212
16.7
20.6
13.1
20.2
14.8
20.2
15.6
20.9
15.6
22.1
18.8
22.9
18.5
23.4
16.9
23.6
13.3
23.1
12.7
232
12.1
23.1
12.4
23.3
12.8
24.0
12.8
24.6
12
55
5.8
55
55
5.7
5.7
55
6.0
62
6.4
6.4
6.4
64
65
65
7.0
7.4
7.6
8.4
Personal income.
Rental Income ol persons with capital
consumption adjustment.
40.3
31.6
28.2
13.5
24.9
45.0
35.9
31.1
14.0
20.4
48.1
38.3
31.9
14,6
18.9
57.8
44.5
38.2
18.4
20.6
Personal dividend Income
13
5.1
55
5.7
6.1
6.0
6.3
6.5
65
7.0
6.7
7.1
75
7.2
72
7.1
7.4
85
Personal interest Income
14
6.3
6.6
65
6.9
75
7.6
7.6
7.7
8.0
8.1
8.1
82
85
8.7
85
9.0
9.3
Transfer payments to persons
Old-age, survivors, disability, and health insurance
benefits.
Government unemployment insurance benefits
Veterans benefits
Government employees retirement benefits
Other transfer payments
Aid to families with dependent children .
Other
15
16
122
115
11.0
105
10.4
105
142
115
115
115
115
10.7
114
12.0
21.1
.4
.4
.4
.4
.5
.5
5
.5
5
.6
.6
.6
.7
125
.7
12.8
.3
.7
.7
.8
17
18
19
20
21
22
1.4
7.9
.7
1.9
12
7.1
.8
.9
6.1
.7
2.2
.8
62
.7
2.3
.3
2.0
.8
5.8
.7
2.5
.3
22
.9
9.3
.7
2.9
.3
2.6
.8
65
.7
2.8
.4
2.4
.7
65
.7
32
3
2.9
.8
6.1
.7
3.0
.3
2.7
.9
5.8
.8
3.0
.4
2.6
1.0
5.6
.8
2.7
.4
2.3
1.3
5.6
1.8
1.0
6.7
.7
22
3.1
.4
2.7
1.7
5.4
.9
3.4
.5
2.9
2.1
52
.9
3.7
.5
25
5.0
.9
3.7
.5
32
2.0
13.6
1.0
3.9
5
3.3
1.5
7.1
1.0
4.3
i
3.8
Less: Personal contributions for social insurance
23
2.1
2.1
25
15
22
22
2.1
2.1
2.1
2.1
2.2
25
25
22
22
22
2.8
24
24
172
185
19.0
18.9
205
20.7
215
22.1
22.6
205
19.6
195
19.1
185
17.6
17.1
17.8
185
Less: Personal tax and nontax payments
'
.8
32
14.7
Equals: Disposable personal Income
25
1525
156.7
162.0
165.3
166.2
1642
1715
174.1
179.6
187.1
1935
1935
1882
1875
187.6
1892
202.6
202.4
Less: Personal outlays
26
136.1
1415
1504
1545
1585
1622
1655
170.0
1735
176.8
179.7
180.6
179.5
1812
180.6
1832
186.1
190.1
27
28
29
134.9
.6
.5
140.1
.7
.7
148.9
.8
.7
1532
.9
.7
156.6
1.0
.7
160.5
1.0
.6
164.1
1.1
.7
1682
1.2
.6
170.9
1.3
.8
174.7
1.4
.7
177.6
15
.6
178.5
15
.6
177.4
1.6
.5
179.0
1.7
5
178.3
1.8
.5
180.8
2.0
.5
183.6
2.1
.5
187.5
30
165
152
11.7
10.6
8.0
2.0
65
4.1
6.6
105
13.8
12.7
8.7
6.4
65
6.0
165
122
8322
815.0
834.3
823.5
844.0
869.4
887.4
890.9
874.1
874.4
874.3
875.0
936.9
933.7
1,142
5,667
143.8
1,189
5,775
144.5
1200
5,674
145.1
1232
5,790
145.8
1,279
5,941
146.3
1,317
6,038
147.0
1.309
6,034
147.7
1,269
5,894
148.3
1260
5,873
148.9
1,254
5,847
149.5
1260
5,825
1502
1,343
6211
150.9
1,337
6,167
151.4
. 12
3.5
2.4
3.7
5.5
7.1
6.6
4.6
3.4
3.7
3.2
8.2
6.0
Personal consumption expenditures
Interest paid by persons
Personal transfer payments to rest of the world (net)
Equals: Personal saving
Addenda:
Disposable personal income;
Total, billions of 1987 dollars .
Per capita:
Current dollars
1987 dollars .
Population (mid-period, millions) .
Personal saving as percentage of disposable
personal income.
See note at end of table.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
31
32
33
34
1,085
1,110
1,143
1,158
140.9
1412
141.8
142.7
1,161
5,813
143.2
35
11.0
9.7
72
6.4
4.8
11
.4
Table 2.1.-Personal Income and Its Disposition: Annual, 1929-58, and Quarterly, 1946-58-Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]
1960
1951
1952
Line
III
Pirsonsl Income..
Wage and salary disbursements .
Commodity-producing industries
Manufacturing
Distributive industries
Service Industries
Government
-
Other tabor Income
„
IV
1
II
III
IV
1
II
1953
III
IV
I
II
1954
111
IV
1
II
III
IV
1
229.9
2394
2482
2552
258.7
264.1
266.1
269.6
2765
2825
287.1
2915
291.6
291.6
291.1
2902
292.6
298.5
2
3
4
S
6
7
1504
672
52.0
40.9
20.0
22.8
1582
712
555
41.7
20.6
24.7
1655
74.1
57.7
43.4
21.1
26.7
1704
76.7
59.8
44.4
21.4
285
173.0
77.0
59.8
44.5
21.7
295
1764
77.7
602
45.1
222
31.7
181.0
80.0
62.0
45.9
22.7
32.4
1822
79.8
622
46.3
23.0
332
1864
81.5
635
47.4
235
335
1935
87.3
69.0
485
23.7
33.9
1964
89.7
71.1
485
24.3
342
200.1
90.8
724
49.9
24.9
34.5
2004
90.3
715
50.3
25.3
345
198.7
88.2
69.7
50.6
25.5
34.4
196.4
86.3
67.9
502
25.5
34.4
1954
85.4
67.1
50.0
25.8
34.7
1965
84.6
66.5
502
26.4
35.1
2005
87.0
68.7
50.8
27.2
35.4
8
34
*44
45
45
4.7
44
5.0
5.1
55
5A
5.7
54
64
6.1
64
64
6.1
65
Proprietors* income with Inventory valuation and
capital consumption adjustments.
Farm
Nonfarm
9
394
414
432
435
44.1
45.1
43.4
44.4
46.1
43.7
444
43.4
427
434
43.7
428
434
434
10
11
13.7
262
144
26.1
15.7
27.6
155
27.7
15.9
282
16.6
28.6
14.7
285
152
29 2
16.6
295
13.6
302
13.4
30.6
12.9
30.5
12.3
30.4
12.6
30.4
13.4
30.3
11.9
30.9
12.3
312
11.7
32.1
Rental income of persons with capital
consumption adjustment
12
7.7
84
8.1
85
95
84
94
95
95
94
102
105
104
11.1
11.4
115
11.7
114
Personal dividend income ....
13
92
95
84
8.7
85
84
82
8.7
85
&8
8A
92
94
84
94
84
95
95
Personal Interest income ...
14
94
104
105
104
105
10.7
104
11.0
115
11.7
12.1
125
12.7
135
135
134
14.0
145
Transfer payments to persons.
Old-age, survivors, disability, and health insurance
benefits.
Government unemployment insurance benefits ....
Veterans benefits
Government employees retirement benefits
Other transfer payments
AU to
4. families
<
j_
Aid
with dependent
children .
Other
ZT.
15
16
11.7
.8
114
15
124
1.7
125
1.9
125
14
125
14
114
2.0
124
2.0
13.4
21
135
2.6
13.7
27
13.8
3.0
14.1
3.1
145
3.1
152
3.3
15.9
3.5
165
3.6
164
4.1
17
18
19
20
21
22
1.1
5.3
1.0
3.5
.6
2.9
1.0
45
1.0
3.6
.6
3.0
.8
45
1.1
3.9
.6
3.3
5
4.6
1.1
3.9
.6
3.3
4
4.7
1.1
35
.5
3.3
1.1
45
12
35
5
3.3
1.1
4.0
12
4.1
5
3.6
1.0
4.0
12
4.3
.5
3.8
1.2
4.7
1.3
4.1
5
3.6
.9
4.6
1.3
42
5
3.7
1.0
4.3
15
4.3
.5
3.8
.9
4.0
1.4
45
5
3.9
1.0
4.0
1.4
4.6
.5
4.1
1.4
4.1
1.5
4.4
.6
3.8
1.9
4.1
15
4.4
.6
3.8
2.3
4.1
1.5
4.4
.6
3.9
2.4
4.1
1.5
4.6
.6
4.0
2.4
4.3
1.6
4.6
.6
4.0
Less: Personal contributions tor social Insurance
23
24
3.1
35
3A
3.4
35
34
3.7
34
35
34
44
44
4.0
45
4.6
4.6
4.7
Less: Personal tax and nontax payments
24
20.1
23.7
25.7
27.6
29.1
31.1
325
335
334
345
35.1
354
34.8
345
314
31.6
31.7
32.1
Equals: Disposable personal fcrcome
25
2094
2154
2225
2275
229.6
2334
2334
2365
242.7
248.0
252.1
256.4
2564
2574
2592
258.6
260.9
2665
Lew: Personal outlays
26
2044
201.4
212.6
2082
2104
2144
2165
220.6
2235
2315
235.4
2375
238.7
2385
240.6
2435
2454
250.4
27
28
29
2012
2.4
.4
198.6
25
.4
209.7
25
.4
205.3
25
.4
207.9
25
.4
2114
25
.4
213.3
2.6
.4
217.4
24
.4
219.9
29
.4
228.0
3.1
.4
231.6
35
5
233.5
3.5
.5
234.5
3.7
5
2342
3.8
.5
236.4
3.8
.4
239.1
3.8
.4
241.4
3.8
.7
246.0
3.9
.4
30
54
145
94
19 A
184
182
17.4
15.7
19A
16.4
16.7
184
18.1
18.6
185
155
154
164
31
9375
961.7
954.7
980.9
987.6
9895
990.0
999.6
1,021.1
1,027.9
1,042.7 1,057.7
1,054.7
1,059.1
1,0625
1,056.6
1,073.0
1,093.7
1589
6572
158.6
1,610
6.642
1592
1,605
6593
160.0
1,599
6,590
160.7
1,606
6,584
161.4
1,596
6.520
162.0
1,603
6.591
162.8
1,628
6.686
163.6
6.6
7.3
7.1
72
72
5.9
5.8
6.0
Personal consumption eajenditures
Interest paid by persons
Personal transfer payments to rest of the worid (
Personal saving
AdMa:
Disposable personal income:
Total, billions of 1987 dollars
Per capita:
Current dollars
1987 dollars
Population
Personal saving as percentage of tisposable
personal income.
See note at end of table.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
32
33
34
1,380
6,168
152.0
1,414
6297
152.7
1,451
6226
153.3
1,478
6,372
1534
1,485
6,386
154.7
1,499
6,368
155.4
1,498
6,345
156.0
1509
6,381
156.6
1542
6,490
1575
1569
6,504
158.0
35
24
6.7
4.4
8.5
82
75
7.5
6.7
8.0
6.6
Table 2.1 .-Personal Income and Its Disposition: Annual, 1929-58, and Quarterly, 1946-58—Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]
I
Personal income .
11
1957
1956
1955
Line
111
IV
1958
III
IV
1
II
III
IV
335.0
3395
3464
3504
3555
360.1
3604
3594
362.0
370.7
3764
It
I
IK
IV
I
II
1
304J)
3114
318.6
3234
328.7
2
204.0
2094
2152
2275
2294
2354
2382
2395
2414
240.1
236.7
2362
243.8
243.4
94.3
74.6
54.4
29.2
37.4
219.4
96.8
77.1
55.6
29.9
372
2234
895
70.8
51.5
27.6
35.5
92.6
73.1
52.8
28.3
362
98.0
775
56.9
30.5
37.8
100.0
78.6
57.8
312
385
100.9
79.3
58.1
315
392
104.3
82.5
59.0
32.4
39.6
105.0
832
59.8
33.1
402
104.8
82.8
60.5
33.6
40.7
104.9
82.9
61.3
34.1
41.5
102.9
81.1
61.3
34.4
41.6
99.2
77.9
60.6
34.9
42.0
97.4
76.3
60.1
35.6
43.1
100.5
79.0
61.1
36.1
46.1
104.0
81.6
625
36.8
452
Wage and salary disbursements ,
Commodity-producing industries
Manufacturing .
Distributive industries
Service industries
Government
4
5
6
7
Other labor Income
8
65
64
72
7A
7.6
74
82
85
85
84
92
9A
92
92
9A
Proprietors' Income with Inventory valuation and
capital consumption adjustments.
Farm
Nonfarm .
9
444
454
455
45.7
45.6
465
475
484
475
48.7
494
49.3
512
51.3
514
51.7
10
11
11.7
33.1
11.5
33.7
11.0
34.6
10.5
35.1
10.3
352
10.8
35.7
11.5
36.0
11.3
36.6
102
37.6
10.8
37.9
11.4
38.3
11.4
37.9
13.5
37.8
13.1
382
12.6
38.7
122
39.6
Rental income of persons with capita]
consumption adjustment.
12
115
124
124
122
12.3
12.3
125
12.7
124
13.0
132
13.4
13.6
13.8
14.0
142
3
95
Personal dividend Income
13
10.1
102
10.9
11.0
114
114
114
114
11.7
11.9
124
11.7
11.6
11.7
11.7
11.4
Personal interest income
14
14.6
15.0
15.6
154
164
164
172
17.7
182
184
19.4
19.8
204
202
204
215
Transfer payments to persons .
Old-age, survivors, disability, and health
insurance benefits.
Government unemployment insurance benefits
Veterans benefits
Government employees retirement benefits
Other transfer payments
Aid to families with dependent children
15
18
164
172
175
17.6
18.0
184
184
19.1
20.0
21.3
215
224
244
262
265
26.2
4.4
4.8
52
52
5.3
55
55
5.9
6.4
75
75
7.8
8.0
8.4
8.6
17
18
19
20
21
22
1.8
4.4
1.6
4.7
.6
4.1
1.5
45
1.7
45
.6
42
1.3
45
1.7
4.8
5
42
1.3
4.4
1.8
4.9
.6
4.3
1.5
45
1.9
4.9
.6
4.3
1.5
4.4
1.9
5.0
.6
4.3
1.6
4.4
1.9
5.0
.6
4.4
1.6
4.3
2.0
52
.7
45
1.7
4.5
2.1
5.3
.7
4.6
1.7
4.5
22
5.4
.7
4.7
1.8
45
22
5.5
.7
4.8
2.5
4.6
2.3
5.6
.8
4.9
3.4
4.6
2.4
5.9
.8
5.1
4.5
4.8
2.4
6.0
4.8
45
2.5
6.0
.9
52
Less: Personal contributions for social Insurance
Less: Personal tax and nontax payments
.6
52
4.0
4.6
2.6
62
J)
5.3
23
5.1
52
54
5A
5.7
54
55
6.0
6.7
6.7
64
6.7
6.7
6.7
74
7.0
24
33.1
344
35.1
36.1
37.4
385
39.1
40.0
405
415
41.7
412
405
40.0
412
41.6
Equals: Disposable personal income
25
2709
2774
2835
287.7
291 J4
2965
3005
3064
3094
314.0
318.3
318.8
319.3
321.9
3295
334.7
Less: Personal outlays
26
256.7
262.0
266.5
270.8
272.6
2754
2785
2834
2882
290.4
295.1
2964
2965
299.5
304.6
308.6
27
28
29
252.2
4.1
.4
2572
4.3
.4
261.5
4.6
.4
2655
4.8
.4
2672
5.0
5
269.7
5.1
.5
2725
5.1
5
278.0
52
.5
282.3
5.3
.5
2845
5.4
.5
289.1
5.5
.5
290.9
5.6
.5
290.5
5.6
.4
293.5
5.6
.4
298.6
5.5
.4
3025
5.6
.4
Equals: Personal saving
30
144
15.3
17.1
174
185
212
22.1
23.1
21.8
23.6
23.3
21.9
22.7
22.4
254
26.1
Addenda:
Disposable personal income:
Total, billions of 1987 dollars ,
Per capita:
Current dollars
1987 dollars .
Population (mid-period, millions}
31
1,1014
1,122.3
1,140.0
1.159.6
1,170.0
1,1805
1,188.3
1,202.2
1,204.4
1214.3
1219.5
1220.0
1211.4
12222
32
33
34
1,649
6,704
164.3
1.681
6,805
164.9
1,711
6,881
165.7
1,728
6,965
166.5
1,743
6,998
1672
1,766
7,032
167.9
1,782
7,046
168.7
1.811
7,093
169.5
1,821
7,076
1702
1,837
7,105
170.9
1,854
7,103
171.7
1,849
7,074
172.5
1,844
6,998
173.1
1,853
7,033
173.8
35
55
5.5
6.0
5.9
6.4
7.1
7.3
7.5
7.0
7.5
7.3
6.9
7.1
Personal consumption expenditures .
interest paid by persons .
Personal transfer payments to rest of the world (net)
Personal saving as percentage of disposable
persona! income.
NOTE.—Percent changes from preceding period for selected items in this table are shown in table 8.1.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
7.0'
1247.5 , 1.262.9
1,888
7,148
1745
1,909
7203
175.3
7.6
75
Table 2.2.—Personal Consumption Expenditures by Major Type of Product: 1946-58
[Billions of dollars; quarters seasonally adjusted at annual rates]
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
Oilier
Services
.......
—
..
Housing
Household operation
Bectricity and gas
Other household operation
Transportation
Medical care
^
......
-
1946
1947
1949
1948
1950
1951
1952
1953
1954
1955
1956
1957
1958
1
1443
162.3
1754
178.9
192.7
208.7
219.7
2335
240.7
259.1
271.9
286.7
2963
2
153
20.4
223
25.0
303
293
293
32.7
32.1
383
382
39.7
37.2
3
4
5
4.1
8.4
32
6.6
10.6
3.3
8.0
11.5
3.4
10.6
11.3
32
13.7
13.7
3.3
122
14.1
3.6
11.3
14.0
3.9
13.9
14.7
4.1
13.0
14.8
4.3
17.8
16.4
4.6
15.8
17.3
5.0
17.3
17.2
52
14.8
16.9
5.4
6
82.7
903
965
94.9
982
1092
114.7
1173
119.7
124.7
130.8
137.1
141.7
7
8
9
10
11
47.4
182
3.4
25
11.3
52.3
18.8
4.0
3.0
12.8
542
20.1
4.8
3.4
14.1
525
19.3
5.3
3.1
14.7
53.9
19.6
5.5
3.4
15.8
60.7
21.3
6.1
35
17.6
64.1
22.0
6.8
35
18.4
65.4
22.2
7.4
3.4
19.4
66.8
22.3
7.8
3.5
193
68.6
23.3
8.6
3.8
20.4
71.4
24.4
9.4
3.9
21.7
75.1
24.5
102
4.1
232
77.9
24.9
10.6
4.2
24.2
12
453
51.0
563
593
63.7
69.7
757
83.0
89.0
955
103.0
1093
117.4
13
14
15
16
17
18
19
142
63
2.1
4.7
5.0
4.7
152
16.0
75
2.3
5.1
5.3
5.7
16.5
17.9
8.1
2.6
55
5.8
6.6
17.7
19.6
8.6
2.9
5.6
5.9
6.8
18.1
21.7
95
3.3
62
62
72
19.1
24.3
10.4
37
6.7
6.8
7.7
20.4
27.0
112
4.1
7.1
7.3
8.6
21.6
29.9
12.1
4.5
7.6
8.0
9.6
23.4
323
12.7
53
7.7
8.2
10.6
252
34.4
142
5.5
8.6
85
11.3
272
36.7
15.4
6.1
9.3
8.9
122
29.7
39.3
16.4
6.5
9.9
9.4
13.4
31.4
42.0
175
7.1
10.4
9.7
14.9
33.3
1947
1946
1949
1948
1950
Line
I
Personal consumption expenditures
ftjraNe goods
Motor vehicles and parts
Furniture and household equipment
Other
„„. ..
Nondurable goods
Food ...»
Clothing and shoes
Gasotine and oil
Fuel oil and coal
Other
Services
Housing
Household operation
Bectricity and gas
Other household operation
Transportation ......
Medical care.... ..
Other
"
''
„.
111
II
IV
1
II
111
IV
I
II
III
1
IV
11
111
IV
1
tl
1
134.9
140.1
148.9
1532
156.6
1605
164.1
1682
1703
174.7
1775
1785
177.4
179.0
178.3
1803
1835
1875
2
12.6
14.7
17.1
18.7
194
203
203
223
223
22.4
23.7
233
223
243
253
263
277
28.1
3
4
5
2.4
7.1
3.1
3.4
8.1
32
4.7
9.0
3.3
6.0
95
3.3
6.4
9.8
3.3
6.5
10.2
3.3
62
10.8
3.3
72
115
3.3
7.7
10.9
3.3
7.4
11.7
3.3
82
12.1
3.4
8.6
11.4
3.4
9.0
10.5
3.3
10.9
105
3.3
112
11.5
3.1
112
12.4
32
12.1
12.5
3.2
12.7
12.1
3.3
6
783
805
85.1
863
87.7
90.1
92.1
93.6
95.1
97.0
973
973
963
95.3
935
943
943
963
7
8
9
10
11
44.9
18.0
3.0
2.3
10.7
45.7
17.9
3.3
2.4
112
48.7
18.9
35
25
115
502
18.0
3.7
2.6
11.8
50.9
18.3
3.7
2.7
12.1
52.0
185
4.0
2.9
12.7
52.9
18.9
4.1
3.0
13.0
53.5
19.3
4.3
32
13.4
533
195
4.6
3.4
133
55.0
19.9
4.7
3.5
13.9
54.1
202
4.9
3.5
14.3
533
20.7
5.0
3.4
14.3
53.4
202
5.1
3.2
14.4
52.8
19.6
5.3
33
145
52.0
185
5.4
2.9
14.6
517
19.0
5.4
3.0
15.1
52.3
18.9
5.4
3.1
15.1
52.9
192
5.6
3.3
15.3
12
435
44.9
46.7
482
494
505
51.7
52.6
533
553
563
573
583
583
59.0
593
61.1
633
13
14
15
16
17
18
19
13.8
6.7
14.0
6.6
14.3
63
14.7
7.0
15.1
7.1
15.6
7.4
16.3
7.7
16.9
77
17.3
7.9
17.7
8.0
18.1
82
185
82
19.0
8.4
19.4
8.5
19.8
85
20.3
8.9
20.8
9.2
21.4
9.4
45
4.4
14.1
43
4.6
14.9
s!l
4.8
15.6
53
5.1
16.0
53
5.5
165
53
5.7
16.5
53
53
165
53
6.0
16.6
55
62
17.0
55
65
175
5.9
6.8
18.0
" 6.0
6.8
183
5.9
63
182
63
6.8
182
5.9
6.7
18.1
53
6.7
18.0
53
6.8
18.3
6.1
7.1
18.9
2342
236.4
239.1
2414
246.0
314
32.1
31.6
333
1953
1952
1951
1950
Line
P«onal consumption expenditures .
Durable goods
Motor vehicles and pans
j ™ * and household equipment L
1
201.2
1985
209.7
2
35.6
315
333
3
15.6
165
3.5
145
13.6
3.4
14.4
153
3.6
1003
1003
54.6
20.4
5.6
3.6
163
55.4
20.1
5.6
3.6
16.3
64.7
662
22.0
9.6
63
7.4
195
4
5
Nondurable goods
Food
„ „,..„„
Clothing and shoes'!"
faafine and oil
Juel oil and coal
Other
Services
Housing
w
Bectricity and gas
_ Other househooperation..
&o
™portation
Medcial care.,
Other
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
2073
2113
2133
217.4
2193
228.0
2315
2335
2345
283
28.4
28.9
29.1
274
315
933
323
32.7
122
132
3.6
112
13.4
3.7
10.9
13.8
33
11.3
13.9
3.7
115
13.7
3.8
9.6
13.9
33
12.8
14.6
4.1
14.3
14.5
4.2
14.1
14.7
4.1
13.8
14.8
4.1
132
143
4.1
12.8
14.6
4.0
13.3
14.6
42
12.4
143
4.4
135
15.3
4.4
1073
1074
1094
112.0
1114
113.7
1153
1173
118.1
117.6
1175
118.7
1183
1193
121.3
59.7
21.3
5.9
3.6
17.3
60.1
20.9
6.0
3.4
17.0
61.0
21.3
62
3.4
175
62.0
215
6.4
3.6
18.6
622
21.3
6.5
3.4
18.0
63.9
21.6
6.7
3.4
18.1
65.1
22.0
6.9
3.4
18.4
65.3
232
7.0
35
18.9
653
225
7.1
35
192
65.4
22.6
7.3
3.4
19.4
65.1
22.1
7.7
3.4
19.3
652
21.7
7.7
3.4
195
66.1
222
7.7
3.4
19.3
66.3
22.1
7.7
3.5
192
67.0
222
7.9
3.5
19.2
67.6
22.6
8.1
3.6
195
702
714
723
74.6
765
78.6
805
825
84.7
863
882
90.0
22.6
9.9
23.3
103
24.0
10.3
24.7
105
25.4
10.7
26.0
10.8
26.7
11.1
272
11.3
28.0
115
28.8
11.8
29.4
121
30.3
12.3
30.9
12.1
31.6
12.3
32.1
12.5
32.5
12.8
33.0
132
6.4
75
19.7
6.7
7.6
63
7.7
20.3
7.7
20.4
63
73
20.6
7.0
8.1
20.9
7.1
8.4
21.4
73
8.8
21.9
75
9.1
22.4
7.8
9.3
223
8.0
9.6
23.3
8.1
9.8
23.7
8.1
9.8
23.7
82
10.1
242
8.1
10.6
24.9
8.2
10.9
25.6
8.3
10.9
26.0
202
2053
Table 2.2.—Personal Consumption Expenditures by Major Type of Product: 1946-58—Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]
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 pas
Other household operation
Transportation
Medical care
Other
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
..
II
1957
1956
1955
I
III
IV
1
III
IV
I
II
1958
III
IV
II
III
IV
1
2522
2572
2615
265.6
2672
269.7
2725
2785
2825
2845
289.1
2905
2905
2935
2985
3015
II
1
2
365
385
405
395
375
38.0
375
395
405
395
394
39.1
37.1
365
375
313
3
4
5
16.1
16.0
4.4
18.1
162
4.6
19.1
165
4.6
18.0
165
45
162
16.9
4.8
15.5
175
5.0
15.2
17.3
5.1
165
175
5.3
17.9
17.3
52
17.4
17.3
5.0
165
172
5.4
165
165
5.4
14.7
17.0
5.4
145
165
5.3
14.6
17.0
55
15.5
\n
5.6
6
1223
124.0
1255
1275
129.1
130.0
1315
132.7
1345
1355
1392
1385
1395
140.8
1425
143.9
7
8
9
10
11
675
22.8
82
3.7
19.8
68.4
23.4
8.6
3.7
20.0
68.7
23.3
8.7
35
20.6
69.4
23.8
9.0
3.9
21.4
70.4
23.9
92
3.9
21.7
70.9
242
9.3
3.9
21.6
71.7
24.6
9.4
3.9
21.7
72.4
24.7
9.8
3.9
21.9
73.4
24.4
102
45
22.4
74.4
24.4
10.1
4.0
225
762
24.9
10.3
42
23.7
762
24.4
10.2
42
23.9
77.3
24.1
10.4
4.1
23.6
77.6
24.6
105
42
23.7
78.0
25 2
10.7
42
24.6
785
25.6
10.7
42
245
•
12
914
94 A
955
984
1002
1015
1035
106.0
1075
1085
1105
1125
1135
1164
1185
1205
13
14
15
16
17
18
19
33.5
135
34.1
135
34.7
14.4
352
15.0
35.8
15.1
36.4
155
37.0
155
37.6
15.6
38.3
15.9
38.9
162
39.7
165
40.4
16.8
41.1
17.1
41.7
17.5
42.3
17.6
425
17.6
8.4
112
26.7
8.4
11.1
265
8.4
112
272
85
11.6
28.1
87
115
28.7
85
12.0
29.3
9.0
12.3
30.1
92
12.8
30.8
9.4
13.1
31.0
94
13.1
312
95
13.5
31.4
9.3
14.1
322
9.3
14.1
32.3
95
14.7
32.9
9.8
15.3
33.8
"mi
15.4
342
Table 2.3.—Personal Consumption Expenditures by Major Type of Product in Constant Dollars: 1947-58
[Billions of 1987 dollars; quarters seasonally adjusted at annual rates]
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
Housing
Household operation
Electricity and gas
Other household operation
Transportation
Medical care
Other
1947
1948
1949
1951
1950
1952
1954
1953
1955
1957
1956
1958
1
7934
813.0
831.4
8744
894.7
923.4
9625
9874
1,0474
1/178.7
1,104.4
1,1222
2
65.7
722
80.1
954
882
86.4
95.0
964
1144
1092
108.8
1025
3
4
5
26.9
28.0
105
314
29.4
10.9
41.0
285
105
51.4
32.5
112
45.3
312
11.7
43.2
312
12.1
50.1
32.3
12.6
515
32.5
12.9
64.5
36.3
14.0
565
37.6
15.1
572
36.4
152
51.4
35.8
15.3
6
3824
3844
3892
400.4
412.7
4294
443.7
449.4
4705
4864
4955
5004
7
8
9
10
11
231.1
472
18.8
23.8
61.4
228.9
47.4
20.0
23.9
63.8
231.1
47.7
21.8
21.1
675
235.0
49.1
22.6
22.7
71.1
2423
485
245
22.6
74.7
251.0
' 50.9
265
22.0
78.6
2605
51.4
28.0
212
82.2
265.9
51.4
28.9
21.6
815
277.2
54.0
31.4
23.0
848
286.1
55.4
33.3
23.0
88.1
2922
54.9
34.6
22.8
91.0
291.8
555
362
23.7
92.8
12
3452
3564
3622
3784
3934
4074
4234
4412
461.7
4835
5002
519.7
13
14
15
16
17
18
19
83.3
424
12.9
29.9
44.3
484
126.0
87.6
44.5
14.1
304
44.0
53.3
127.5
93.0
45.8
152
305
415
55.1
126.7
99.3
495
17.2
32.6
40.6
58.1
131.1
106.6
52.7
19.4
33.3
41.7
61.0
131.9
113.5
53.7
21.0
32.7
41.8
642
1345
119.6
55.9
225
33.3
42.7
675
138.1
125.4
57.8
24.8
33.0
415
71.8
1445
131.7
63.3
26.7
36.6
42.6
742
149.9
138.2
67.6
29.1
385
44.4
78.9
154.3
1452
69.8
30.9
38.9
45.0
833
156.9
151.9
72.1
32.6
39.5
43.9
89.3
162.5
1947
1949
1948
1950
Line
1
Personal consumption expenditures ...
Durable goods
Motor vehicles and parts
Furniture and household equipment
Other
. J
Nondurable goods
Food
Clothing and shoes
Gasoline and oil
Fuel oil and coal
Other
..
Services
Housing .,.„......
Household operation
electricity and gas
Other household operation
Transportation
Medical care
Other
^
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
II
111
IV
I
11
III
IV
1
II
111
IV
1
II
III
IV
1
7844
7964
796.7
795.7
8034
8115
8145
8225
8234
8344
8314
8362
8484
865.0
899.3
884.3
2
632
64.1
654
70.7
704
705
73.1
744
732
81.1
82.7
834
855
86.6
1084
994
3
4
5
26 2
26.3
10.7
264
27.1
10.6
255
285
11.0
29.6
30.1
11.0
31.5
28.4
11.0
29.5
30.1
10.9
31.6
305
10.9
34.9
28.5
10.9
36.0
26.7
105
435
27.1
105
43.0
292
105
415
31.1
10.6
44.0
305
10.7
46.4
29.3
10.9
58.6
38.6
11.6
56.5
31.0
11.4
6
377.1
385.1
3862
381.0
3814
385.7
3814
3865
3885
3895
3872
3915
396.1
400.0
406.7
398.8
7
8
9
10
11
229.4
472
18.3
23.0
592
234.1
46.7
18.8
24.0
61.6
233.3
47.4
19.1
24.1
622
2274
47.3
19.0
24.1
625
2272
464
195
24.6
635
231.3
47.0
19.7
24.4
63.3
226.3
47.4
20.3
23.9
64.0
230.6
485
20.6
225
64.1
232.0
485
20.8
21.8
65.3
2314
48.0
21.8
21.0
665
230.6
46.3
22.1
205
67.7
229.9
48.2
222
21.1
702
2345
482
22.0
21.7
69.8
2352
49.0
22.9
225
70.4
236.0
50.8
22.8
23.7
73.4
234.3
485
22.5
22.7
70.8
12
343.7
3475
3455
3444
3505
3555
3595
361.6
3622
363.7
361.4
3614
3672
378.4
383.7
3865
13
14
15
16
17
18
19
805
41.1
825
42.4
84.7
43.8
85.0
43.8
86.0
44.0
87.1
44.1
88.1
45.1
89.3
44.7
90.6
452
922
455
935
45.3
95.3
47.1
96.4
48.4
96.6
495
100.1
49.9
102.2
515
""'452
494
1275
44.7
49.4
1282
43.9
48.1
1244
43.4
48.5
123.4
44.3
50.6
1255
44.4
525
127.3
43.9
54.4
128.0
432
555
128.9
422
55.8
128.4
42.7
55.7
127.6
415
54.7
126.1
40.1
54.1
1245
39.7
55.5
1272
405
58.0
1315
40.9
59.4
133.4
40.9
595
1324
Table 2.3.—Personal Consumption Expenditures by Major Type of Product in Constant Dollars: 1947-58—Continued
[Billions of 1987 dollars; quarters seasonally adjusted at annual rates]
1954
1953
1952
1951
Line
I
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
OfiefhousehoSfoperation
Transportation
Medical care
Other
,—
lil
II
IV
1
11
III
IV
1
II
958.0
963.4
III
IV
9632
9655
I
II
III
IV
969.1
976.9
992.9
1,010.4
1
8995
8845
6942
8995
903.4
919.7
925.4
9452
2
985
865
84.0
83.8
85.7
88.1
822
89.7
945
935
935
98.1
942
945
965
102.7
3
4
5
522
35.1
11.6
45.6
29.1
11.6
42.4
29.8
11.7
41.1
30.7
12.0
43.1
30.8
11.8
45.6
30.6
11.9
39.3
30.8
12.1
44.7
32.4
125
49.8
32.1
13.0
482
32.4
12.6
48.8
325
12.4
53.6
32.3
12.3
50.3
31.9
11.9
49.6
31.8
12.6
50.5
32.3
13.5
55.3
33.8
13.6
6
4095
405.7
415.1
420.4
417.4
426.7
433.1
4385
4445
4452
4425
4435
4455
444.1
4502
457,4
7
8
9
10
11
2395
49.4
23.7
23.1
73.3
240.3
475
24.1
221
71.8
2452
48.4
25.0
222
74.3
243.9
49.0
25.3
23.0
792
243.8
48.6
25.6
222
772
250.5
50.3
262
22.0
77.7
253.9
51.8
26.9
215
78.7
255.8
52.9
27.4
21.8
805
261.6
51.1
27.7
21.6
81.9
261.9
52.4
27.8
21.1
82.0
259.9
51.4
28.4
20.9
81.9
259.9
50.6
28.1
21.3
83.2
263.0
512
28.3
21.3
82.0
261.9
512
28.3
21.4
81.2
267.4
51.0
29.0
21.7
81.0
2715
522
29.9
22.1
81.7
12
3915
3925
3952
3955
4002
4045
410.0
416.7
4192
424.9
427.1
424.1
429.1
4385
446.4
4505
13
14
15
16
17
18
19
1035
525
105.8
525
107.7
53.0
109.1
52.4
110.9
52.8
112.6
53.4
114.4
542
116.1
54.4
117.6
55.0
119.1
56.3
1205
56.7
121.3
55.4
123.0
55.8
124.8
572
126.3
585
127.7
59.6
415
602
132.9
""'415
60.5
132.1
415
61.3
131.4
412
61.9
1312
41.9
622
132.4
41.8
632
133.9
41.7
64.6
135.1
41.8
66.6
137.8
42.9
662
137.6
43.0
67.7
1385
42.9
68.3
138.7
42.0
67.8
137.5
41.9
68.7
139.7
41.3
71.6
144.0
41.5
73.4
146.8
41.8
73.5
147.5
1955
1956
1958
1957
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
Housing
Household operation
Electricity and gas
Other household operation
Transportation
Medical care
Other
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
..
1
11
111
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
1
1,025.1
1,0415
1,0515
1,0702
1,072.7
1,0745
1,0785
1,0892
1,097.1
1,1005
1,1074
1,113.0
1,102.2
1,1145
1,130.6
1,141.7
2
1082
1152
1175
1182
1112
1092
1085
108.1
111.6
1095
1065
1075
1025
1012
101.7
105.1
3
4
5
59.4
35.3
13.4
65.4
355
14.0
665
37.1
14.0
66.7
36.9
14.6
595
372
14.6
56.0
38.3
14.9
55.8
37.4
152
55.0
375
15.6
59.4
36.9
155
57.9
36.8
14.6
54.8
365
155
56.7
355
15.4
51.1
355
15.3
51.4
34.8
15.0
50.4
36.0
15.3
52.8
36.7
15.7
6
4605
4675
4725
481.6
4865
484.6
484.6
4882
490.4
493.1
500.0
4985
4922
495.3
5035
509.1
7
8
9
10
11
2722
52.8
30.4
22.4
82.6
276.1
54.3
31.3
22.7
835
2782
53.9
315
23.1
855
282.3
55.0
32.4
23.7
88.1
286.6
55.0
33.0
235
88.4
285.3
552
33.3
23.1
87.8
285.3
55.7
32.9
225
875
2875
55.6
34.0
22.7
885
288.7
545
34.7
22.7
89.5
291.5
54.6
34.1
22.6
90.3
294.4
55.8
34.9
23.0
91.9
294.1
54.4
34.7
23.1
92.1
290.1
53.8
345
23.0
90.3
289.9
54.9
36.1
235
90.9
292.3
56.1
36.6
242
94.3
295.1
57.1
373
24.0
95.7
12
4564
4585
461.7
4705
4755
4802
485.7
492.9
495.1
4975
500.6
5072
5085
5175
5255
5275
13
14
15
16
17
18
19
1292
605
130.9
61.8
132.7
63.9
1342
66.7
135.8
66.7
1375
67.7
138.8
68.1
140.7
68.1
142.3
68.6
1445
69.7
1462
70.3
147.9
70.6
150.0
712
1512
72.6
152.6
72.3
153.6
72.2
42.3
735
1505
425
73.5
149.7
425
73.7
148.8
"'"43.6
75.8
150.7
435
76.8
1522
44.0
775
153.1
"" "447
79.3
154.9
S3
'""45.9
822
156.0
"""452
822
156.3
S'.'i
43.6
85.8
1592
43.2
85.5
158.0
43.6
89.1
161.3
44.1
91.3
164.9
44.6
91.4
1656
•
81.7
156.9
83.0
156.0
Table 2.4.—Personal Consumption Expenditures by Type of Expenditure
[Billions of dollars]
Line
Personal consumption expenditure*
1930
1931
1932
1933
1934
1935
1936
1937
1938
1940
1939
1941
1942
1943
1
77.5
70.2
60.7
48.7
45.9
5 \A
554
622
665
642
672
712
81.0
685
99.7
2
212
19.4
162
12.7
124
155
175
205
215
205
205
22.0
25.4
30.7
355
Food purchased for off-premlse consumption (n.d.) .. 3
4
Purchased meals and beverages1 (n.d.)
5
Food furnished to employees (including military)
M i
6
Food produced and consumed on farms (n.d.)
7
Tobacco products (n.d.)
14.8
2.9
.3
13.5
2.8
2
10.8
25
2
82
2.1
2
8.6
15
2
10.8
22
2
122
2.6
2
13.9
3.0
.2
14.8
35
.3
14.1
3.4
2
14.2
3.6
.3
14.9
3.9
.3
17.0
4.6
.5
20.1
5.7
.9
22.3
7.1
1.7
1.6
1.7
1.4
1.5
12
15
.9
1.3
.9
12
1.0
1.4
12
1.4
15
15
1.3
1.7
1.1
1.7
1.1
1.8
1.1
1.9
1.3
2.1
1.6
2.3
2.1
2.6
Addenda: Food excluding alcoholic beverages (n.d.)
Alcoholic beverages purchased for offpremise consumption (n.d.).
Other alcoholic beverages (n.d.)
19.5
0
18.0
0
14.7
0
11.4
0
10.9
2
122
15
13.6
15
15.3
25
165
2.6
15.6
2.4
15.7
2.4
16.6
2.5
192
3.0
23.3
3.6
27.4
4.0
Food and tobacco
8
9
10
0
0
0
0
5
.5
.6
.7
.9
.9
1.0
1.1
12
1.5
1.9
11
112
9.7
82
6J0
5A
6.6
75
7.7
8.1
85
8.4
8.9
105
13.1
165
Shoes (n.d.)
Clothing and accessories except shoes2
Women's and children's (n.d.)
Men's and boys' (n.d.)
Standard clothing issued to military personnel (n.d) .
Cleaning, storage, and repair of clothing and shoes
12
13
14
15
16
17
1.7
7.7
4.7
3.0
0
1.1
1.4
6.7
4.1
2.6
0
1.0
12
5.7
35
22
0
.9
1.0
4.0
2.4
1.6
0
.7
.9
3.7
2.3
1.5
0
.6
1.1
4.6
2.8
15
0
.6
1.0
5.0
3.1
1.9
0
.7
1.1
5.4
32
2.2
0
5
1.3
55
3.3
25
0
.8
15
55
3.3
22
0
5
12
5.9
3.6
2.3
0
5
1.3
62
3.8
2.4
0
.9
1.4
7.1
4.3
2.8
2
1.0
1.8
8.5
5.3
3.2
.7
12
1.9
10.5
6.9
3.5
1.0
1.5
Jewelry and watches (d.)
Other* (s.)
18
19
.6
2
5
A
.3
.1
.3
.1
2
.1
2
.1
2
.1
.3
.1
.3
.1
.3
.1
.4
.1
.4
.1
.6
.1
.7
2
.9
2
20
1.1
15
1.0
5
.7
5
5
5
15
15
1.0
1.0
12
1.4
1.6
21
22
.6
5
5
5
.5
.5
.4
.4
.3
.3
.4
.4
.4
.4
.4
5
.4
5
.4
5
5
5
5
5
.6
.6
.7
.6
.9
.7
............
23
11.7
112
105
9.2
8.1
75
75
82
85
92
9.4
9.7
10,4
112
11.8
Owner-occupied nonfarm dwellings-space rent4 (s.)
Tenant-occupied nonfarm dwellings—rent3 (s.)
Rental value of farm dwellings (s.)
Other4 (s.)
. J L L
..
24
25
26
27
5.9
4.5
5
.3
5.6
45
.9
5
5.1
4.3
.8
.3
4.4
3.9
.7
2
3.8
3.4
.6
2
3.6
3.3
.6
2
3.6
3.3
.7
.3
3.8
35
.7
.3
4.0
35
.7
3
4.1
4.0
.7
.3
42
4.1
.7
5
4,3
4.3
.7
.3
4.7
4.6
.8
.4
52
45
5
.4
5.6
4.8
.9
.5
28
10.7
95
9A
65
6.4
72
7.7
85
9.4
85
9.6
10 A
115
12.7
13.1
29
30
31
32
33
34
\2
.7
.6
1.1
.7
.5
.9
.6
.4
.9
.6
5
.8
5
.4
.8
5
.4
.5
.3
.4
.6
.4
.3
5
.4
A
.5
.4
5
5
.4
5
.4
.4
.7
.6
.4
.6
5
.4
.8
.7
5
5
.6
.4
.9
5
5
5
.6
5
5
.6
5
.8
.6
.5
.9
.7
.5
.9
.7
5
1.1
.8
5
1.0
.7
5
1.3
1.1
.6
12
.9
5
15
.7
.7
1.3
1.1
.7
12
.3
.6
1.4
1.3
5
35
36
37
38
39
40
41
42
43
.1
3.1
.6
5
.3
1.6
.6
1.7
.3
.1
3.1
,7
.6
.3
1.5
.6
1.5
.3
.1
2.9
.7
.6
.3
1.3
.6
1.1
.3
.1
2.6
.7
5.
.3
1.1
5
.8
.3
.1
2.6
.6
.5
5
12
A
.7
2
.1
2.7
.7
5
5
15
.4
.9
5
.1
2.8
.7
5
.3
1.3
5
5
5
.1
3.0
.7
5
5
1.4
5
1.0
5
.1
3.0
5
.5
3
1.4
5
12
.3
.1
3.0
5
5
.3
15
5
1.0
.3
.1
3.1
.8
.5
3
1.4
.6
1.1
5
2
3.4
.9
.6
.4
15
.6
12
.4
2
3.6
1.0
.6
.4
1.7
.7
12
.4
.2
3.9
1.0
.6
.4
15
.8
1.5
.5
.3
4.1
1.0
.6
.4
2.0
1.0
1.6
.6
44
3.1
3.0
2.7
25
2.1
25
2.4
25
25
25
35
32
35
35
4.4
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
.6
.1
1.0
5
3
.6
.6
.1
.9
.5
2
.6
5
.1
5
.4
2
.6
.4
.1
.7
2
2
5
.4
.1
.6
.3
.1
5
5
.1
.7
5
.1
5
5
.1
.7
5
2
5
.5
.1
5
.3
2
.6
.6
2
5
.4
2
5
5
2
5
.4
2
.6
.6
2
.9
,4
2
.6
.6
2
.9
.4
2
.7
.7
2
1.0
5
2
.7
.8
.3
1.0
5
2
5
1.0
.3
1.1
5
.2
.9
JJ
Oothhg, accessories, and Jewelry
Personal care
Toilet articles and preparations (n.d.)
Barbershops, beauty parlors, and health clubs (s.)...
Housing
Household operation
,
Furniture, including mattresses and bedsprings (d.)..
Ktahen and other household jspptiances* (d!)
Cttna, glassware, tableware, and utensils (d.)
Other durable house furnishings® (d.)
Semidurable house furnishings* (n.d.)
Cleaning and polishing preparations, and
miscellaneous household supplies and paper
products (n.d).
Water and other sanitary services (s.).
Fuel oil and coal (n.d.)
........
Telephone and telegraph (s.)
Domestic service (s.)
10
Other (s.) „ . . „ ! . '
v
todfcal care
Drug preparations and sundries" (n.d.)
g J ^ j K : products and orthopedic appliances (d.)
Dentists (s.)
O^er professional"services^ ( s i
Hospitals and nursing homes "
Proprietary8^)**"
Government (s.)
*
ZL"
fiS.^
Medical care and hospitalization>« (s.)
S«metoss ,3 (s.)
1...
Workers' compensation14 (s.)
P|r
1929
»onal business
.„„
Broker^e charges and Investment counseling (s.) ...
B a n k s ^ charges, trust services, and safe
deposit box rental js.J.
furnished wtoout payment by financial
Jtennedianes except life insurance carriers and
private uninsured pension plans.
«P#se erf handling life insurance17 (s.)
Legal services (s.)
g j ^ a n d b u i a l expenses (s.)
„
Seefootnote{s)at end of able.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
„
...
— . . .
——
—
—
..—.....
.........—
.1
.1
.....
.....
—"
.............
..............
— *
...
"""
,'I
.1
.1
""2
"*2
2
.3
*
**
3J9
3.5
35
25
25
25
25
3.0
32
3.0
3.1
32
35
3.4
3.7
61
62
5
.1
5
.1
.3
.1
2
.1
.4
.1
2
.1
2
.1
5
.1
5
.1
2
.1
2
.1
.1
.1
.1
2
.1
2
2
2
63
1.0
.9
.7
5
.4
.4
5
.6
.6
.6
.6
.6
.7
.7
.7
64
65
66
67
.9
.4
.6
2
.9
.4
.5
.1
.9
.4
5
.1
.9
.3
.4
.1
.9
5
A
.1
5
.4
.4
.1
1.0
.4
.4
.1
1.0
.4
5
2
1.0
.4
5
.3
1.0
.4
5
.3
1.0
.4
5
.3
1.0
.4
.5
3
1.0;
.5
.6
.3
1.0
5
5
.4
1.1
.5
.6
.4
60
.
Table 2.4.—Personal Consumption Expenditures by Type of Expenditure-Continued
(Billions of dollars]
Line
Transportation
User-operated transportation
New autos (d.)
Net purchases of used autos (d.) .
Other motor vehicles (d.) .
Tires, tubes, accessories, and other parts (d.)
Repair, greasing, washing, parking, storage,
rental, and leasing (s.).
Gasoline and oil (n.d.)
Bridge, tunnel, ferry, and road tolls (s.)
Insurance19 (s.)
Purchased local transportation
Mass transit systems (s.)....
Taxicab (s.)
Purchased intercity transportation..
Railway ( i )
Bus (s.)
Recreation....
Books and maps (d.)
Magazines, newspapers, and sheet music (n.d.)
Nondurabletoysand sport supplies (n.d.)
Wheel goods, sports and photographic equipment
boats, and pleasure aircraft (d.).
Video and audio products, computing equipment,
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
athletics) (s.).
Spectator sports21 (s.)
Clubs andfraternalorganizations21 (s.)
Commercial participant amusements11 (s.) .
Parwnutuel net receipts (s.)
Other24 (s.)
1929
1930
1932
1931
1937
1936
1935
1934
1933
1940
1939
1938
1941
1942
1943
68
7.7
62
5.1
4.0
4.0
4.7
5A
62
65
5.7
65
72
8.6
55
55
69
70
71
72
73
74
6.1
2.6
0
.1
.6
4
4.7
1.6
0
.1
5
.6
3.8
1.1
0
.1
.4
5
3.0
.6
0
0
.3
.4
3.1
.8
0
0
2
A
3.6
1.0
0
.1
2
A
4.3
15
0
.1
.4
5
5.0
1.9
0
.1
.4
5
5.4
2.0
0
.1
.4
.5
4.5
12
0
.1
.4
5
52
1.6
0
,1
5
.6
6.0
2.1
.1
.1
5
.6
72
2.6
2
.1
.7
.8
3.6
.1
4
0
.3
.6
25
.1
.3
0
.4
.6
75
76
77
78
79
80
81
82
83
84
85
13
0
.1
1.1
4
2
5
.4
.1
0
.1
1.7
0
.1
1.1
15
0
.1
2
.4
.3
.1
0
0
1.5
0
.1
.9
.8
2
2
2
.1
0
0
.7
.1
2
2
0
0
0
IS
0
.1
.7
.6
.1
2
2
0
0
0
1.6
0
.1
A
,7
.1
.3
2
0
0
0
1.7
0
.1
A
.7
.1
2
2
.1
0
0
1.9
O
.1
.8
.7
.1
.3
2
.1
0
0
Z1
0
.1
.9
.7
.1
.4
2
.1
0
0
2.1
0
.1
4
.7
.1
4
2
.1
0
0
22
0
.1
4
.7
2
.4
2
.1
0
0
2.3
.1
2
.9
4
2
.4
2
.1
0
0
25
.1
2
1.0
.8
2
.4
2
.1
0
0
2.1
0
.1
15
1.0
4
.7
.4
2
0
0
13
0
2
1.6
1.3
.4
1.0
.7
2
0
0
86
4.4
44
32
25
22
15
25
34
3A
34
35
34
44
' 4.7
5J0
87
88
89
90
2
5
.3
2
.3
5
2
2
2
5
2
2
2
A
2
.1
2
A
2
.1
2
A
2
.1
2
.5
2
.1
2
5
2
2
2
5
4
2
2
5
.3
2
2
.6
.3
2
2
.6
4
.3
.3
.6
.4
.3
.3
.7
.4
.3
.4
J)
.4
91
1.0
.9
.5
.3
2
2
2
5
.4
.3
.4
5
.6
.6
.4
&
92
93
94
95
96
0
2
4
.7
.1
0
2
4
.7
.1
0
.1
.9
.7
.1
0
.1
.6
5
.1
0
.1
.6
5
0
0
.1
.6
.5
0
0
.1
.7
.6
0
0
0
0
2
4
.6
.1
2
4
.7
.1
2
.8
.7
.1
2
4
.7
.1
2
4
.7
.1
2
1.0
.8
.1
2
12
1.0
.1
.1
3
15
1.3
.1
97
98
99
100
101
.1
2
2
0
2
.1
.3
2
0
2
.1
2
.1
0
2
0
.3
.1
0
2
.1
2
.1
0
2
.1
2
.1
0
2
.1
2
.1
0
2
.1
2
.1
0
4
.1
2
2
0
4
.1
2
.1
0
.3
.1
2
2
4
.1
2
2
.1
4
.1
2
2
.1
.3
.1
2
2
.1
.4
.1
.3
2
.1
.4
102
4
4
2
.7
JS
.6
5
4
.7
.7
.7
.7
4
4
1.1
103
104
105
.3
2
2
2
2
2
2
2
2
.3
2
2
2
.1
2
2
.1
.1
.3
.1
2
4
2
2
4
2
2
.3
2
2
4
2
2
4
2
2
.4
2
2
.4
4
5
.4
.3
A
Religious and welfare activities28 (s.).
106
12
12
12
14
4
J9
5
4
4
14
1.0
1.1
1.1
14
15
Foreign travel and other, net
107
5
5
A
2
2
2
2
4
4
4
2
.1
.1
2
108
109
110
.6
0
.1
.6
0
.1
.4
0
.1
2
0
.1
2
0
.1
2
0
.1
2
0
.1
2
0
.1
2
.1
111
0
0
0
0
0
0
0
0
Education and research „
Higher education « ( s . ) .
Nursa^, elementary, and secondary schools36 (s.) ,
Foreign travel by U.S.residents(s.)
Expenditures abroad by U.S. residents (n.d.)
Less: Expenditures in the United States by
nonresidents (s.).
Less: Personal remittances in kind to nonresidents
(n.d.J.
Seefootnotes)at end of table.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
•
0
0
.4
0
.1
0
0
.4
A
0
.1
0
0
0
2
4
.1
.1
.1
0
0
0
0
.1
0
0
0
.1
.3
.1
0
Table 2.4.—Personal Consumption Expenditures by Type of Expenditure—Continued
[Billions of dollars]
Une
personal consumption expenditures
1944
1946
1945
1947
1948
1949
1950
1952
1951
1954
1953
1955
1957
1956
1958
1
1083
1193
1443
1623
175A
178.9
192.7
208.7
219.7
2335
240.7
259.1
2713
286.7
2963
2
393
433
50.7
56.1
582
563
58.1
652
693
705
71.7
73.6
76.7
80.7
833
Food purchased for off-premise consumption (n.d.) .. 3
4
Purchased meals and beverages1 (n.d.)
5
Food furnished to employees (including military)
(n.d.).
Food produced and consumed on farms (n.d.)
6
Tobacco products (n.d.)
7
24.1
8.1
2.4
262
9.5
2.8
32.7
10.9
13
37.9
103
1.0
39.6
11.0
1.0
38.6
10.8
1.0
39.8
11.1
1.1
442
12.7
1.6
46.7
13.6
13
47.8
14.1
1.7
49.3
14.4
1.5
50.9
14.9
13
53.1
15.6
12
562
16.3
12
583
16.4
12
2.1
26
22
2.9
2.5
3.4
2.6
3.7
25
4.0
2.1
4.1
1.9
43
22
4.5
2.1
4.9
1.9
5.1
1.7
4.9
1.6
5.1
1.5
5.3
1.4
5.7
1.4
63
Addenda: Food excluding alcoholic beverages (n.d.)
Alcoholic beverages purchased for off*
premise consumption (n.d.).
Other alcoholic beverages (n.d.)
29.9
4.7
332
5.1
39.0
5.6
43.7
5.9
46.3
5.1
44.8
5.0
46.0
5.1
52.4
5.1
55.3
55
56.3
5.6
57.7
5.5
59.3
5.7
61.7
53
652
5.9
67.9
5.9
Food end tobacco
8
9
10
2.1
2.4
2.7
2.7
2.8
2.7
23
32
3.4
35
3.5
3.6
33
4.0
4.0
11
17.5
193
223
223
242
233
23.7
25.6
26.6
273
272
28.4
29.7
303
303
Shoes (n.d.)
Clothing and accessories except shoes 2
Women's and children's (ni.)
Men's and boys' (n.d.)
Standard clothing issued to military personnel (n.d) .
Cleaning, storage, and repair of dothing and shoes
12
13
14
15
16
17
2.0
11.6
73
3.8
1.0
1.6
2.3
13.1
83
4.3
1.1
1.7
2.8
15.1
9.7
5.4
.4
22
3.0
15.6
9.9
5.6
2
2.4
3.1
16.8
10.9
5.9
2
2.5
3.1
16.0
102
5.8
2
2.5
3.3
16.0
10.0
6.0
.3
2.5
3.3
17.5
10.9
6.6
.4
27
3.3
18.5
11.6
6.8
3
23
3.3
18.7
12.0
6.8
2
2.9
3.3
183
12.0
6.8
.1
2.9
3.6
19.6
125
7.1
.1
3.0
3.8
20.5
13.1
7.4
.1
3.1
3.8
20.6
13.3
7.4
.1
3.2
4.1
20.7
135
72
.1
3.1
Jewefiy and watches (d.)
Other* (s.)
18
19
1.0
2
12
3
1.4
2
1.4
2
1.4
2
1.3
.2
1.3
2
1.4
2
15
.3
1.6
.3
1.7
.3
13
.3
13
.4
1.8
.4
1.9
3.7
4.1
4.6
43
1.9
1.7
22
2.0
2.4
22
2.6
23
Clothing, accessories, and jewelry
Toilet articles rniu
and preparations
pvpcuouvm (n.d.).
\n.vi.|
Barbershops, beauty parlors, and health clubs (s.).
Housing
..„„.„
Owner-occupied nonfarm dwellings-space rent4 (s.)
Tenant-occupied nonfarm dwellings—rent5 (s.)
Rental value of farm dwellings (s?)
Other6 (s.)
Household operation
Furniture, including mattresses and bedsprings (d.)..
Ktahen and other household appliances'(d)
China, glassware, tableware, and utensils d.)
Other durable house furnishings8 (d.)
Semidurable house furnishings9 M . )
weaning and polishing preparations, and
miscellaneous household supplies and paper
products (n.d).
Stationery and writing supplies (n.d.)
Household utilities Z . ^ Z
.. L........„
Bectricity (s.) J I Z I Z
Gas (s.)
Water and other sanit^ » r ^ (sT!
and
.Fuel Voil
„O
JHJ coal
WOI(n.d.)
Jl I.U.J
Telephone and telegraph (s.)
Domestic service (s)7....L..
Other10 (S.)
..„'
;
Medkalcara
11
Drug preparations and sundries (n.d)
^ ^ p r o d u c t s and orthopedic appliances (<t)
Hospitals and nursing homes "
-
Nonprofit (s.)
1
! 7.!
Proprietary (s.)
M Government (s.)
Nirsing homes (s.)
Health insurance
Medical care a n d " h o s S t e i S n ^ " 1 5 ™
Income loss13 (s.) .
Workers* compen)saK* l ®'(so"Ziri
Personal business
g a r a g e charges and investment counseling (s.)..
w t t service charges, trust services, and safe
deposit box rental (s.).
s^Kes furnished without payment by financial
intermediaries except life insurance carriers and
private noninsured pension plans.
expense of handling life insurance17 (s.)
Ugal services ( S . ) „
L„
^ ^ b ^ e ^ e n s e s ( s . )
Seefootnote(s)at end of table.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
A
20
13
23
21
22
23
23
2.4
27
23
3.1
3.4
21
22
1.0
3
1.1
3
1.1
1.0
12
1.0
1.3
1.0
1.3
1.0
1.4
1.1
15
12
1.6
1.3
1.7
1.4
13
1.6
23
123
123
142
163
173
19.6
21.7
243
273
293
323
34.4
36.7
393
423
24
25
26
27
6.1
4.8
13
3
6.5
4.7
1.1
.6
7.4
4.9
13
.6
83
5.3
1.4
.8
9.7
5.9
1.5
3
11.0
63
1.4
3
12.4
7.1
15
.8
14.1
7.7
1.6
3
15.9
8.4
1.7
.9
17.9
92
13
1.0
19.7
93
1.7
1.1
21.4
10.1
1.7
1.1
232
105
1.7
12
25.0
112
13
1.4
27.0
113
13
1.4
28
143
153
193
23.7
26.1
253
29.1
31.1
315
333
33.7
373
393
412
423
29
30
31
32
33
34
1.3
.6
1.4
1.5
3
13
.3
3
15
15
J
22
1.6
1.3
22
2.0
.9
2.5
2.9
1.3
2.4
2.1
1.5
23
3.1
1.4
2.7
2.4
1.6
2.7
23
1.4
2.7
23
1.6
3.1
3.6
1.5
3.1
2.6
13
32
3.5
1.6
35
2.8
2.0
3.5
35
1.6
32
2.6
1.9
3.7
3.6
1.6
3.1
2.6
2.1
33
3.7
1.6
2.9
24
2.3
4.4
4.1
1.7
33
2.6
25
4.6
43
13
3.6
27
2.7
45
4.3
1.7
33
2.7
2.9
4.5
4.1
1.7
33
2.6
3.1
35
36
37
38
39
40
41
42
43
.4
4
1.1
.7
.4
2.0
1.1
1.9
.7
.4
4.5
12
.7
.4
22
12
2.1
3
.4
5.0
1.3
.8
.5
2.5
13
21
.8
.4
5.8
1.5
.9
.5
3.0
1.4
2.3
.9
5
6.6
1.7
1.0
.5
3.4
1.6
2.4
1.0
.5
6.5
1.9
1.0
.6
3.1
1.7
2.4
1.0
.5
7.3
2.1
12
.6
3.4
1.9
26
1.1
.6
7.9
2.4
1.3
.7
3.5
22
2.7
12
.6
8.3
2.7
1.5
.7
35
2.4
2.6
1.3
.7
8.7
2.9
1.6
3
3.4
2.7
27
1.4
.7
9.4
32
1.8
3
3.5
2.8
2.6
15
3
102
35
2.0
.9
3.8
3.1
3.1
1.6
.8
11.0
3.8
23
1.0
3.9
3.3
3.3
1.7
.9
11.6
4.1
2.4
1.1
4.1
3.6
33
13
.9
12.3
4.4
2.7
1.1
42
33
35
1.9
44
43
52
6.4
7<5
85
83
9.4
103
113
124
13.4
142
155
17.1
183
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
1.1
.3
1.3
.6
1.1
3
1.4
.6
.3
1.1
1.3
.4
13
3
3
1.4
1.3
.4
2.1
3
.4
1.7
15
.4
2.4
.9
.5
13
1.6
5
25
.9
3
21
1.7
.5
2.6
1.0
5
2.3
2.0
5
2.7
1.0
.5
2.6
2.1
.6
3.0
1.1
5
2.9
2.2
.6
3.3
12
.6
32
22
.6
3.7
1.4
.6
35
2.4
.6
33
15
.7
3.8
2.7
.7
42
1.7
.7
42
3.0
.7
4.6
1.8
3
4.7
32
.7
5.1
13
.9
5.4
-.....
.. „„
.6
.4
.4
.7
5
.4
15
1.1
0
.4
113
113
12.6
.7
.7
.7
3
3
2
2
2
1.0
—
—
—........
..............
..............
..............
.—.......
—
"""""""
I — z
-
.3
3
.3
3
3
2
.3
.3
"
.
...»
.3
3
3
".9
3
.3
3
.4
.3
.3
5
.4
.4
.6
.4
.4
1.4
.6
.4
.4
83
9.1
10.1
5
.6
5
.7
.6
60
33
42
43
53
53
63
63
72
75
61
62
2
2
3
2
.3
2
.3
.3
3
.3
3
.3
.5
.4
5
.4
.4
.4
.7
.8
12
13
1.4
15
1.7
1.8
13
2.4
2.7
3.1
3.4
3.5
3.6
63
64
65
66
67
1.1
3
.7
5
1.1
.6
.7
.4
12
.6
.7
5
1.4
.7
3
.6
13
.8
3
.6
1.6
.8
.9
.6
1.8
.9
.9
.6
1.9
1.0
1.0
.7
2.0
1.0
1.0
.7
21
1.1
1.1
.7
22
13
1.1
.7
25
1.4
1.1
3
23
1.4 ,
12
3
3.1
1.6
1.3
.9
32
1.8
1.4
3
A
.7
Table 2.4.—Personal Consumption Expenditures by Type of Expenditure-Continued
[Billions of dollars]
1944
Une
Transportation
User-operated transportation
New autos (d.)
Net purchases of used autos (d.)
Other motor vehicles (d.)
TTres, tubes, accessories, and other parts (d.)
Repair, greasing, washing, parking, storage,
rental, and leasing (s.).
Gasoline and oil (n.d.)
Bridge, tunnel, ferry, and road tolls (s.)
Instance" (s.)
Purchased local transportation
Mass transit systems (s.)
Taxicab (s.)
Purchased intercity transportation
Railway (s.)
Bus (s.)
Airline (s.) ....
Other26 (s.) .
Recreation .
Books and maps (d.)
Magazines, newspapers, and sheet music (n.d.)
Nondurable toys and sport supplies (n.d.)
Wheel goods, sports and photographic equipment
boats, and pleasure aircraft (d.).
Video and audio products, computing equipment
and musical instruments (d.J.
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
athletics) (s.).
Spectator sports2' (s.)
Clubs and fraternal organizations22 Is.)
Commercial participant amusements23 (s.)
Pari-mutuel net receipts (s.)
Other24 (s.)
Education andresearch.
1945
1946
1947
1955
1956
1957
1958
6.8
125
15.9
18.5
21.8
25.4
25.1
25.3
29.3
29.1
34.9
342
36.8
35.1
4.0
0
.3
0
.7
1.0
9.5
2.0
.4
.3
1.4
1.7
13.0
4.0
.8
A
1.4
2.0
15.5
5.0
12
.5
1.3
22
18.9
7.7
1.3
.4
12
2.4
22.6
10.3
1.4
.5
1.5
2.5
22.1
8.6
1.5
.5
2.9
22.3
8.0
1.3
.4
1.6
3.1
26.2
11.1
.9
.4
1.5
3.5
26.1
10.8
.5
.4
1.3
3.6
31.9
13.8
1.9
.5
1.6
3.9
31.1
11.6
2.0
.6
1.7
4.3
33.7
12.6
2.1
.6
2.0
4.6
32.0
9.7
2.5
.5
2.1
4.8
75
76
77
78
79
80
81
82
83
84
85
1.4
0
2
1.7
1.4
.4
1.1
.7
.3
0
0
1.8
0
2
1.7
1.4
.4
1.1
.7
.3
.1
0
3.4
.1
.3
1.9
1.4
i
1.0
.6
2
.1
0
4.0
.1
.4
1.9
1.4
S
1.0
.5
.3
.1
0
4.8
.1
.5
2.0
1.5
.5
1.0
.5
.3
.1
0
5.3
.1
.6
2.0
1.5
5.5
.1
.8
1.9
1.4
.9
5
.3
.1
0
.9
.4
.3
.1
0
6.1
.1
.9
2.0
1.5
.5
1.0
.4
.3
.2
0
6.8
.1
1.0
2.0
1.5
.5
1.1
.5
.4
2
0
8.6
2
1.4
13
1.4
.5
1.1
.4
.3
.3
0
9.4
2
1.4
2.0
1.4
.6
1.1
.4
.3
.4
0
10.2
2
1.4
2.0
1.4
.6
1.2
.4
.3
.4
0
10.6
.3
1.6
1.9
1.3
.6
1.1
.3
.3
.5
0
86
5.4
6.2
8.6
9.3
9.7
10.0
112
11.7
12.3
13.1
13.6
14.6
155
153
m
87
88
89
90
5
.9
.5
.3
5
1.0
.6
.4
.6
1.1
.8
.8
JS
12
.9
1.0
.6
1.4
1.1
1.0
.6
1.5
12
.8
.7
1.5
1.4
.9
.8
1.6
1.7
.9
.8
1.7
1.7
1.0
.8
1.8
1.7
1.1
.8
1.8
1.6
12
.9
1.9
1.8
1.4
1.0
1.9
2.0
1.6
1.0
2.0
2.0
1.7
1.0
2.1
2.1
1.9
7.4
2
1.3
2.0
1 JS
JS
1.1
.4
.3
.3
0
7.8
2
1 JS
1.9
1.4
.5
1.0
.4
.3
.3
0
91
.3
1.1
1.4
1.5
1.7
2.4
22
2.4
2.6
2.8
2.9
3.0
2.9
2.8
92
93
94
95
96
.1
.3
1.6
1.3
.1
.1
.4
1.7
1.5
.1
.1
.4
2.1
1.7
.2
.1
.4
2.0
1.6
2
2
A
1.9
1.5
2
2
.5
1.9
1.5
2
.3
.5
1.8
1.4
.2
.4
5
1.8
1.3
2
.4
JS
1.7
1.3
2
.5
.6
1.7
1.3
.2
.5
.6
1.8
1.4
2
.6
.6
2.0
1.5
2
.6
.6
2.1
1.5
.3
.7
.6
1.8
1.2
.3
.8
.6
1.7
1.1
.3
97
98
99
100
101
.1
2
.1
.4
.1
.3
.2
2
JS
2
.4
.3
2
.5
.2
.5
.3
.3
.6
2
.5
.3
.3
.6
2
.5
.4
2
.6
2
J5
A
2
.7
2
.6
.4
.3
.7
2
.6
.4
.3
.8
2
.6
.4
.4
.9
2
.6
JS
A
1.0
2
.7
.5
.4
1.1
.2
.7
.6
.4
1.2
.3
.8
.6
.4
1.3
.3
.8
.7
.5
1.4
1.7
1.8
1.9
2.1
22
2.4
2.5
2.8
3.1
3.4
3.7
.8
5
A
.9
.5
.4
.9
JS
.5
1.0
.6
5
1.0
.7
JS
1.0
.7
.6
1.1
.6
12
.9
.7
1.4
1.0
.7
15
1.1
.8
1.7
12
.9
2.6
3.0
32
3.4
35
4.0
4.2
45
1.1
1 JS
15
1.6
1.7
1.7
1.9
1.3
1.1
.7
1.5
1.1
.8
1.6
1.1
.9
1.7
1.1
1.0
1.9
1.1
1.0
.1
.1
.1
.1
.1
1.1
1.1
12
.5
2
.3
5
.3
.3
.6
.3
.3
.7
.4
.3
Religious and welfare actives28 (s.)....
106
1.7
1.8
2.1
2.1
Foreign travel and other, net
107
j6
12
-.1
0
108
109
110
2
.6
2
.3
12
2
.5
.1
.4
0
.3
111
0
22
22
2A
.3
.6
.7
.6
2
A
.7
.3
.4
.9
.4
.5
.9
.3
5
.9
.6
.6
1.0
.6
12
1.1
.7
.3
2
2
.1
.1
.1
.1
NOTE.—Consumer durable goods are designated (d.), nondurable goods (n.d.), and services (s.).
t.. Consists of purchases (induding tips) of meals and beverages from retail, service, and amusement establishments, hotels, dining and buffet care, schools, school fraternities, institutions, clubs, and industrial lunchrooms. Includes meaJs and beverages consumed both on and off-premise.
2. Includes luagage.
3. Consists of watch, clock, and jewelry repairs, costume and dress suit rental, and miscellaneous personal services.
4. Consists of rent tor space and for heating and plumbing facilities, water heaters, lighting fixtures, kitchen cawnets, Enoieum, storm windows and doors, window screens, and screen doors, but excludes rent for appliances and
furniture and purchases of 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 other group housing.
7. Consists of refrigerators and freezers, cooking ranges, dishwashers, laundry equipment, stoves, room air conditioners, sewing machines, vacuum cleaners, and other appliances.
6. includes such house furnishings as floor coverings, comforters, quilts, blankets, pillows, 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 furnishing use. Also indues 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 benefits and dividends, and miscellaneous household operation services.
11. ExcltxJes drug preparations and related products dispensed by physicians, hospitals, and other medical serv12. Consists of osteopathic physicians, chiropractors, private duty nurses, chiropodists, podiatrists, and others proofing health and allied services, not elsewhere classified
13. Consists of (1) current expenditures (induding consumption of fixed capital) of nonprofit hospitals and nursing
homes, and (2) payments by patients to proprietary and government hospitals and nursing homes.
14. Consists of (1) premiums, less benefits and dividends, for health, hospitalization, and accidental death and
dismemberment insurance provided by commercial insurance carriers, and (2) administrative expenses finciixSna consuripton of fixed caprta!) of Blue Cross and Blue Shield plans and of other independent prepaid a r t ™
fed
neaftn ptans.
15. Consists of premiums, less benefits and dwidends, tor income loss insurance.
16. Consists of premiums, less benefits and (Svidends. for privately administered workers' compensation.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
1954
1953
1952
1951
3.0
.1
.3
0
.4
.7
.
102
Foreign travel by U.S. residents (s.)
Expenditures abroad by U.S. residents (rid.)
Less: Expenditures in the United States by
nonresidents (s.).
Less: Personal remittances in kind to nonresidents
(n.d.).
1950
5.8
63
69
70
71
72
73
74
103
104
105
Higher education23 (s.),
Nurses, elementary, and secondary schools26 (s.)
Other" (s.)
1949
1948
&
.8
17. Consists of (1)operating expenses of life insurance carriers and private noninsured pension plans, and
(2)premiums, less benefits and dividends, of fraternal benefit societies. Exdudes expenses allocated by commercial
carriers to acddent and health insurance.
18. Consists of current expenditures (induding consumption of fixed capital) of trade unions and professional associations, employment agency fees, money order fees, spending for classified advertisements, tax return preparation
services, and other personal business services.
19. Consists of premiums, less" benefits and dividends, for motor vehicle insurance.
20. Consists of baggage charges, coastal and inland waterway fares, travel agents' fees, and airport bus fares.
21. Consists of admissions to professional and amateur athletic events and to racetracks.
22. Consists of dues and fees exduding insurance premiums.
23. Consists of billiard parlors; bowling alleys; dandng, riding, shooting, skating, and swimming places; amusement
devices and parte; golf courses; sightseeing buses and guides; private flying operations; casino gambling; and otner
commercial participant amusements.
24. Consists of net receipts of lotteries and expenditures for purchases of pets and pet care services, cable
TV, film processing, photographic studios, sporting and recreation camps, video cassette rentals, and recreational
services, not elsewhere dassified.
25. For private institutions, equals current expenditures (including consumption of fixed capital) less receiptssuch as those from meals, rooms, and entertainments-accounted for separately in consumer expenditures, ana
less expenditures for research and development financed under contracts or grants. For government institutions,
equals student payments of tuition.
26. For private institutions, equals current expenditures (induding consumption of fixed capital) less receipts such as those from meals, rooms, and entertainments—accounted for separately in consumer expenditures. For government institutions, equals student payments of tuition. Excludes child day care services, which are induded in
religious and welfare activities.
27. Consists of (1)fees paid to commercial, business, trade, and correspondence schools and for educational
services, not elsewhere classified, and (2)current expenditures (including consumption of fixed capital) by research
organizations andfoundationsforeducation and research.
. 28- For nonprofit institutions, equals current expenditures (induding consumption of fixed capital) of religious, soaal 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. For proprietary and government institutions, equals receipts from users.
Table 2.5.—Personal Consumption Expenditures by Type of Expenditure in Constant Dollars
[Billions of 1987 dollars]
1929
Personal consumption expenditures
Food and tobacco
Food purchased for off-premise consumption (n.d.) ..
Purchased meals and beverages1 (n.d.)
Food furnished to employees (including military)
(ad.).
Food produced and consumed on farms (n.d.)
Tobacco products (n.d.)
Addenda: Food excluding alcoholic beverages (n.d.)
Alcoholic beverages purchased for offpremise consumption (n.d.).
Other alcoholic beverages (n.d.)
Clothing, accessories, and Jewelry
Shoes (n.d.) .
Clothing and accessories except shoes2
Women's and children's (n.d.)
Men's and boys' (n.d.)
Standard clothing issued to military personnel (n.d) .
Cleaning, storage, and repair of closing and shoes
W.
Jewelry and watches (d.)
Otheri (s.)
....'
Personal care
Toilet articles and preparations (n.d.)
Bartjershops, beauty parlors, and health clubs (s.)...
Housing
Owner-occupied nonfarm dwellings—space rent4 (s.)
Tenant-occupied nonfarm dwellings—rent5 (s.)
Rental value of farm dwellings (s.)
..
Other6 (s.)
Household operation
Furniture, including mattresses and bedsprings (d.)..
Kitchen and other household appliances'(d.)
China, glassware, tableware, and utensils (d.
Other durable house furnishings8 (d.)
Semidurabie house furnishings* (n.d.)
Cleaning and polishing preparations, and
miscellaneous household supplies and paper
products (n.d).
^
Electricity (s.)
.
Gas (S.)
;zi.zzzi.z"
Water and other sanitary services (s.)
fuel oil and coal (n.d.)
Telephone and telegraph (s.)
Domestic service (s.)
Other10 (S.)
1........"IZ.1Z
Medical care
!
and orthopedic appliances (d.)
Dentists ( s . ) l . . ! Z " Z Z ! " r * " " I !
!!
Ofier professional services ' ( £ f " Z " I " ! ! Z Z Z
Hospitals and nursing homes "
Hospitals .
Nonprofit (s.j
Proprietary (S.) .
1931
1932
b expenses(si
&^) ^
~
Seefootnotestotable 2.4.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
1935
1936
1937
1938
1939
1941
1940
1942
1943
501.0
456.6
447.4
461.1
487.6
534.4
554.6
5422
568.7
5952
6295
628.7
647.3
151^8
148l5
149.6
140.0
136.3
142.9
1492
168.1
177j0
181.4
187.1
1955
206.7
212.0
218.6
99.8
28.9
95.9
31.5
2.1
882
22
97.1
29.6
22
31.0
2.0
90.6
23.7
2.0
93.3
27.0
22
97.4
28.8
2.3
110.9
32.9
2.5
1142
37.3
2.8
118.0
37.7
2.7
119.3
41.4
2.9
1252
43.8
3.1
129.6
48.0
42
128.3
51.0
6.3
123,6
572
9.9
6.9
14.0
6.9
12.7
7.4
12.8
7.3
11.4
73
12.0
7.6
12.9
7.0
13.6
7.1
14.7
7.1
15.6
72
15.7
7.4
16.1
72
16.6
6.9
18.0
6.8
19.6
72
20.7
137.8
0
135.8
0
136.8
0
128.6
0
120.0
.7
119.4
6.4
122.1
8.7
136.6
112
142.9
11.6
148,1
105
152.6
10.7
1605
10.9
168.0
11,9
170.3
12.7
174.8
12.7
3.6
42
45
5.7
7.0
7.0
7.7
7.9
8.7
9.3
104
53.2
48J0
45.6
40.0
35.8
38.3
412
452
45.9
46.1
48.9
505
55.3
57.7
92
31.6
8.0
28.6
16.8
82
22.7
12.7
10.0
0
5.7
8.1
25.0
142
10.8
0
6.3
8.9
272
15.0
12.3
0
7.1
95
26.6
14.5
12.1
0
7.6
9.4
27.0
152
11.8
.1
7.4
9.3
29.7
16.8
12.9
.1
7.5
95
30.6
17.6
13.1
.1
8.1
102
32.2
18.1
14.1
5
92
10.8
31.8
18.5
13.4
2.0
10.2
34.4
21.0
13.4
3.1
11.6
8.1
82
242
14.0
0
5.7
7.4
21.7
122
9.6
.1
52
13.4
0
9.1
11.8
0
8.4
28.0
165
11.5
0
72
1.8
1.4
1.7
1.3
1.1
1.1
.9
.9
.6
.8
.7
.9
.9
.9
1.0
1.0
12
1.0
1.3
1.0
1.4
1.0
1.5
1.1
1.7
12
1.9
1.3
2.4
15
182
10.1
8.7
8.3
7.9
7.1
6.1
7A
7.7
82
&7
85
85
85
9.4
9.8
105
2.7
6.0
2.4
6.0
2.4
55
2.0
5.0
1.6
45
2.0
5.0
2.0
5.6
2.1
6.1
2.3
6.4
2.3
5.9
2.6
6.0
2.7
6.1
32
62
35
6.3
4.1
6.4
514
51.8
49.1
51.7
52.1
53.1
54 JO
54.8
56.1
575
61.1
63.8
242
19.0
6.7
2.5
235
192
6.7
2.4
22.8
19.5
6.6
2.3
22.0
2.1
22 2
18.5
6.4
2.0
225
20.6
6.3
2.3
225
20.9
62
25
22.7
21.4
62
2.7
22.8
22.1
6.3
2.8
23.0
22.8
6.3
25
23.4
235
6.4
2.9
24.0
24.3
65
3.1
25.8
25.5
65
3.3
27.8
26.3
65
32
29.9
26.3
6.4
3.7
76.0
70.6
66.7
604)
58.4
62.6
66.3
73.7
762
715
78.1
83.3
875
865
81.9
7.0
1.3
4.9
5.4
3.4
2.8
5.6
3.6
4.6
3.0
2.7
5.4
1.1
3.8
4.4
32
Z7
4.2
.7
3.9
3.6
2.9
2.4
3.7
.9
35
2.9
2.8
2.4
3.8
12
35
32
2.9
2.8
5.0
1.4
3.3
3.4
3.1
3.0
62
1.7
3.9
4.5
3.9
3.3
62
1.9
4.4
4.4
4.0
3.6
5.7
1.6
4.0
4.1
4.0
35
6.6
1.7
4.0
4.6
5.0
3.7
7.3
2.0
4.3
45
5.3
4.1
82
25
52
55
5.6
45
1.5
4.8
5.0
5.3
4.8
55
5
4.0
4.9
5.4
4.9
25.4
.7
24.1
5
23.3
2.0
2.1
2.2
3.9
3.9
32
14.1
15
15.3
1.7
.6
24.0
2.1
3.7
3.4
145
1.3
145
1.6
.7
25.0
2.3
3.7
3.7
15.3
1.4
16.4
1.6
.9
25.8
2.4
3.7
3.7
15.9
15
172
1.7
.9
27.5
2.6
3.9
35
172
1.6
18.3
1.9
1.0
27.8
25
4.0
3.9
17.0
1.7
19.3
ZO
1.0
26.6
3.0
3.9
3.9
15.8
1.7
17.6
2.1
1.1
28.4
32
4.0
4.1
17.1
1.9
18.9
22
12
30.4
35
4.3
42
18.4
2.0
195
22
1.4
31.4
3.7
4.3
45
19.0
22
18.7
2.3
1.4
32.6
4.0
4.7
45
19.5
2.5
19.1
2.6
1.7
33.4
4.1
4.9
4.6
19.9
2.9
15.8
2,9
252
1.8
3.7
3.1
12
195
65
16.6
162
1.8
21.5
1.9
20.1
13
3.9
3.3
14.7
1.7
17.8
1.9
34.1
33.8
33.3
31.6
295
30.4
30.8
325
33.7
33.4
35.1
362
375
40-0
41-3
2.0
1.9
5
1.7
.4
105
4.0
2.1
1.7
.4
9.7
3.6
1.9
115
1.9
.6
10.4
3.7
1.9
112
2.0
.6
10.5
3.6
1.9
115
22
.7
115
3.9
2.0
11.6
2.4
5
115
3.9
2.0
12.0
2.4
.7
11.1
35
1.9
12.6
2.6
.8
11.7
42
2.0
13.0
2.7
.9
11.9
4.4
2.0
135
3.0
1.1
122
45
2.0
13.7
35
14.6
4.1
1.4
12.1
4J9
2.0
15.4
.6
-J
5
7
.7
5
5
i".i
1.2
1,4
32
1.8
.6
12.4
5.0
2.8
105
11.7
4.7
2.6
11.6
112
4.4
2.4
122
122
...
*
.............. ..............
12
12.7
4.9
2.1
:::::::
613
58.0
53.1
59.0
505
555
57.7
58.6
545
55.1
542
542
52.1
5 2A
31.4
1.7
20.8
1.4
14.7
1J3
12.0
1.0
18.8
1.1
95
12
11.6
1.3
12.7
1.4
11.7
1.4
82
15
7.1
1.3
6.0
15
45
1.4
3.8
15
5.6
1.7
172
16.7
16.5
145
13.0
12.6
13.8
14.8
155
15.4
15.9
155
16.7
16.6
14.6
10.9
11.5
8.5
52
.9
115
9.1
55
1.3
12.4
95
55
1.4
12.0
9.4
5.8
15
12.0
9.7
5.7
2.4
12.1
9.7
5.4
2.6
12.4
10.1
5.4
25
12.3
102
5.6
2.9
12.0
105
55
32
10.9
105
5.4
32
10.8
10.3
5.7
3.7
74.7
Brokerage charges and investment counseling (s.) „.
sank senna charges, trust services, and safe
, deposit box rental (s.).
.
.
iut payment by financial
wermedianes except life insurance carriers and
j n w n noninsured pension plans.
Expense of handling life insurance17 (s.)
«gal services (s.)T.
1934
520J0
u ^ - g homes (s.)
insurance
.
wealth insurance.
Medical care and hospitalization14 (s'f!
Income loss13 (s.)
L.
Workers' compensation16 ($.)
Pfcsonal business
1933
5545
Dug preparationsand sundries11 (n.d.)
S g J J p *
1930
82
5.3
5
Table 2.5.—Personal Consumption Expenditures by Type of Expenditure in Constant Dollars-Continued
[Billions of 1987 dollars]
Line
1929
1932
1931
1930
1934
1933
1937
1936
1935
1939
1938
1941
1940
1942
1943
68
55.8
47.7
415
345
35.4
395
445
52.4
555
47.1
53.6
595
665
51.1
522
69
70
71
72
73
74
38.6
115
9.5
5
1.6
52
32.0
7.7
8.0
.4
1.4
4.3
27.4
55
5.8
.3
1.4
35
21.7
32
4.1
2
1.1
3.3
23.7
4.4
4.4
2
1.0
3.7
26.9
5.5
5.3
.3
12
4.1
32.3
8.4
72
.4
1.3
4.1
38.7
10.6
95
.5
1.4
4.6
40.7
10.7
10.1
.5
1.5
4.8
33.5
6.3
7.6
.4
1.3
4.6
39.4
8.8
9.0
.5
1.6
5.3
44.6
11.5
9.8
.5
1.9
5.8
49.7
12.7
10.4
.7
2.3
6.6
29.5
.5
10.5
0
1.1
4.7
23.9
.5
9.3
0
1.2
4.3
75
76
77
78
79
80
81
82
83
54
85
9.1
.1
.8
14.3
122
2.0
25
22
5
0
.4
92
.1
1.0
13.3
11.3
2.0
2.4
1.8
.3
0
.3
9.5
.1
1.0
12.1
105
1.9
2.0
1.4
5
0
2
8.8
.1
1.0
10.9
9.0
1.9
1.6
1.1
5
0
2
8.8
.1
1.0
10.1
8.3
1.8
1.7
1.1
.3
0
2
9.4
.1
1.0
10.3
8.7
1.6
1.9
1.3
5
0
2
9.9
.1
1.0
10.5
8.9
1.6
25
1.3
.4
0
2
10.7
.1
12
11.1
9.6
15
2.6
1.7
5
0
2
* 11.6
.1
1.4
112
9.7
15
3.1
2.0
.8
0
2
11.9
.1
1.3
105
9.3
1.5
2.8
1.7
.9
0
2
12.7
.1
1.4
11.1
9.7
15
3.1
1.8
1.0
.1
2
13.4
.1
1.6
11.7
. 10.0
1.7
32
15
1.1
.1
2
15.0
.1
1.8
12.5
10.6
1.9
35
2.0
1.5
.1
2
11.3
.1
1.3
162
13.5
2.6
5.4
2.8
2.3
.1
2
72
.1
1.3
202
17.0
32
8.1
5.0
2.8
.1
2
86
28.1
275
26.1
21.4
20.7
22.1
232
255
27.4
262
27.7
29.7
315
345
362
87
88
89
90
2.6
55
1.3
.6
2.3
5.4
1.1
5
2.3
5.1
1.1
.5
15
4.6
.9
.4
15
4.7
5
.3
1.7
4.9
5
.4
1.9
5.0
.9
5
2.1
5.4
1.0
.6
2.4
5.6
1.1
.7
22
5.4
1.1
.7
22
5.8
12
5
2.Z
6.1
12
.9
25
6.6
1.5
1.0
2.8
7.1
1.4
.9
3.3
7.7
1.4
.9
91
5
.6
.4
.3
.3
.3
.3
.4
.5
.4
.6
.6
.8
.7
.4
92
93
94
95
96
0
1.1
95
75
15
.1
1.0
9.4
8.1
1.0
.1
.9
9.4
8.3
.8
.1
.9
75
65
.7
.1
.8
72
6.5
5
.1
.8
7.8
7.0
.5
.1
.7
85
7.4
5
.1
1.0
9.1
82
.6
.1
.8
9.5
85
.6
.1
1.1
92
8.1
.7
.1
1.4
9.4
82
.7
2
1.3
102
9.0
5
2
1.6
10.7
9.4
.9
2
12
12.6
11.3
.9
.2
1.1
14.3
12.9
1.1
97
98
99
100
101
.3
25
2.5
.1
1.7
.3
25
25
.1
1.6
5
2.6
22
.1
1.4
.2
2.4
1.7
.1
12
2
2.1
1.6
.1
1.1
.3
2.0
1.8
2
1.3
.3
15
1.9
.3
1.4
.4
1.9
2.1
.4
1.6
.4
15
2.4
.5
1.9
.4
15
to
5
15
.4
1.9
22
5
1.7
.4
2.0
2.4
.7
1.8
.5
1.9
2.6
.7
2.0
.4
1.8
2.5
.7
2.1
.3
1.7
2.3
.7
2.1
102 -
75
75
8.1
75
6.4
65
6.7
72
75
82
82
8.4
8.7
9.3
95
103
104
105
2.9
2.4
22
32
25
2.1
3.5
25
1.8
32
2.1
1.6
3.1
1.9
1.4
3.1
2.0
1.4
3.3
2.0
1.4
3.4
2.3
1.5
3.5
2.9
1.6
3.5
32
1.5
3.6
32
1.5
35
32
1.4
3.7
32
1.7
3.8
3.3
22
4.0
3.3
2.5
Religious and welfare activities2* (s.)
106
10.1
10.7
105
10.1
92
8.7
85
8.7
8.4
85
9.1
9.8
95
10.4
115
Foreign travel and other, net
107
2.1
25
22
22
15
1.4
15
1.7
15
15
1.0
5
.7
2.2
3.5
108
109
110
25
.3
1.1
3.0
5
1.0
25
.3
5
2.4
.4
.6
15
.4
.7
1.8
.3
.7
15
.4
5
2.3
.4
.9
25
.4
1.1
22
.4
1.1
15
.4
12
.9
.4
5
1.1
.4
.8
.7
2.4
.9
.8
3.8
1.1
111
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Transportation .
User-operated transportation .
New autos (d.) .
Net purchases of used autos (d.)
Other motor vehicles (d.)
Tires, tubes, accessories, and other parts (d.)..
Repair, greasing, washing, parking, storage,
rental, and leasing (s.).
Gasoline and oil (n.d.) .
Bridge, tunnel, ferry, and road tolls (s.)
Insurance19 (s.) .
Purchased local transportation..
Mass transit systems (s.)
Taxicab (s.)
Purchased intercity transportation..
Railway (s.)
Bus (s.)
Airline is.) .
Other26 (s.).
Recreation
Boohs and maps (d.)
Magazines, newspapers, and sheet music (n.d.)
Nondurable toys and sport supplies (n.d.)
Wheel goods, sports and photographic equipment,
boats, and pleasure aircraft (d.).
Video and audio products, computing equipment,
and musical instruments fd.).
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
athletics) (s.).
Spectator sports21 (s.)
ClUbs and fraternal organizations22 (s.)
Commercial participant amusements" (s.)
Pari-mutuel net receipts (s.)
Other24 (s.)
Education and research.
Higher education25 (s.)
Nursery, elementary, and seconda^ schools26 (s.) .
Other" (s.)
Foreign travel by U.S. residents (s.)
Expenditures abroad by U.S. residents (n.d.)
Less: Expenditures in the United States by
nonresidents (s.).
Less: Personal remittances in kind to nonresidents
(nd.).
See footnote(s) at end of table.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
0
Table 2.5.—Personal Consumption Expenditures by Type of Expenditure in Constant Dollars-Continued
[Billions of 1987 dollars]
Une
Personal consumption expenditures
Food and tobacco
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1
671.2
7145
779.1
793.3
813.0
831.4
8743
894.7
9234
9625
9873
1,0473
1,078.7
1,104.4
1,1222
2
233.8
251.9
2652
2553
2542
256.6
260.9
269.1
2783
2883
292.4
3043
313.7
320.8
321.4
Food purchased for off-premise consumption (n.d.)..
Purchased meals and beverages1 (n.d.)
Food furnished to employees (induding military)
(ad.).
Food produced and consumed on farms (n.d.)
Tobacco products (n.d.)
3
4
5
130.1
632
13.5
137.4
71.7
14.8
155.9
70.7
7.6
157.0
62.4
52
157.1
60.7
4.9
158.8
61.6
4.9
1622
622
4.9
163.8
66.8
6.3
168.9
70.1
6.7
176.2
73.0
6.7
181.7
72.9
6.5
1912
75.1
6.3
198.0
77.4
62
203.8
78.1
62
204.9
77.0
6.0
6
7
6.8
202
7.0
21.0
72
23.8
6.5
24.7
62
25.4
5.8
255
5.7
25.9
5.5
26.8
5.4
273
5.0
275
4.9
265
4.7
26.8
4.5
27.6
4.1
28.7
3.9
29.6
Addenda: Food exduding alcoholic beverages (n.d.)
Alcoholic beverages purchased for offpremise consumption (n.d.).
Other alcoholic beverages (n.d.)
8
9
189.9
13.3
205.1
14.1
2135
15.1
203.3
15.4
2025
13.6
205.0
13.3
207.6
14.0
214.1
13.5
223.0
135
231.6
13.9
237.3
135
2475
13.9
255.6
14.2
261.4
14.0
261.0
14.0
Clothing, accessories, and Jewelry
Shoes (n.d.)
Clothing and accessories except shoes2
Women's and children's (n.d.)
Men's and boys' (n.d.) .
Standard clothing issued to military personnel (n.d) .
Cleaning, storage, and repair of doming and shoes
Jewelry and watches (d.)
Other 5 (s.)
Personal cam
Toilet a/tides and preparations (n.d.)
Barbershops, beauty parlors, and health clubs (s.)...
Housing
Owner-occupied nonfarm dwellings—space rent4 (s.)
Tenant-occupied nonfarm dwellings—rent5 (s.)
Rental value of farm dwellings (s}
Other6 (s.)
L L .
Household operation
Furniture, including mattresses and bedsprings (d.)..
Kitchen and other household appliances' (dT)
China, glassware, tableware, and utensils (d.)
Other durable house furnishings8 (d.)
Semidurable house furnishings9 (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 ($.)'"
Fuel oil and coal (n.d.)
Telephone and telegraph (s.)
Domestic service (s.)
Other10 (s.)
L.
Medical care
Dug preparations and sundries11 (n.d.)
mysktere £ r o d u c t s
30(1 ortho
P e d i c appliances (d.)
DeSf(L) S '*
Other p rofessional se^ces 1 ^ (s.)
1
"
" homes
" ras»
.
s and nursing
His .
Proprietary (s.) ..
.. Government (s.)
Nursing homes (s.)
Health insurance
Medical care and
Income loss" (s.)
tosSzation^(sT*
Workers' compenMfon"l®"(s.)
Pwwnal business
Brokerage charges and investment counseling (s.) „
rank service charges, trust services, and safe
deposit box rental (s.).
services furnished without payment by financial
intermediaries except life insurance carriers and
private noninsured pension plans.
ffpense of handing life insurance17 (s.)
Legal services (s.)T.
g j ^ a l and burial expenses
See footnotes to table 2.4.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
10
10.4
11.8
12.8
12.4
12.8
123
13.4
14.7
145
152
15.1
15.8
16.4
16.7
16.8
11
61.8
652
692
66.6
663
665
675
67.1
702
713
715
743
76.1
75.6
755
12
13
14
15
16
17
9.8
332
202
13.0
3.1
115
10.8
342
20.4
13.8
32
12.9
12.0
36.6
21.4
152
1.0
152
11.0
35.6
20.9
14.8
5
15.3
10.7
363
21.4
145
.4
15.3
10.9
36.3
212
15.1
5
14.8
11.5
37.0
212
153
.6
14.7
10.3
37.4
215
15.9
.9
145
10.3
40.1
23.6
165
.6
14.8
10.4
40.6
242
16.4
.4
15.1
10.2
41.0
24.4
16.6
2
152
11.0
42.9
255
17.4
.1
15.3
11.0
44.2
26.4
17.9
.1
152
10.8
44.0
26.6
17.4
.1
15.0
11.4
44.0
26.9
17.1
.1
14.6
18
19
22
1.4
2.6
1.6
32
1.3
2.9
12
3.0
1.1
2.8
1.1
3.0
1.1
3.0
1.1
3.3
12
33
12
3.6
1.3
4.0
1.3
4.1
1.4
4.2
15
4.3
1.6
20
1to
114
112
103
10.7
103
115
11.6
124
133
144
15.3
163
175
18.1
21
22
45
6.5
4.8
6.6
4.6
6.6
43
65
4.3
6.4
4.5
6.4
5.0
6.6
4.9
6.7
5.4
7.0
53
75
6.0
8.4
6.6
8.7
72
9.4
7.7
9.9
8.0
10.1
23
683
70.4
76.3
832
87.6
93.0
993
1065
1135
119.6
1254
131.7
1382
1452
1513
24
25
26
27
32.4
262
6.3
4.0
34.6
25.3
62
4.4
38.9
26.4
62
4.8
43.3
27.6
65
5.9
46.8
28.8
6.7
5.3
505
30.4
7.0
5.1
55.1
31.9
72
5.1
602
33.7
7.4
53
65.3
35.1
7.7
5.5
69.7
365
7.9
5.6
74.3
37.4
8.0
53
795
• 38.1
82
6.0
84.7
39.0
82
6.3
89.6
40.6
8.3
6.7
94.7
422
8.4
6.6
28
80.6
84.3
100.6
107.7
1114
110.4
121.0
1224
1225
126.1
128.6
140.4
1463
1485
1514
29
30
31
32
33
34
4.9
2
3.7
4.4
5.4
4.8
5.1
.5
45
4.6
52
45
7.4
2.7
7.1
6.7
6.4
5.3
8.0
4.4
7.4
72
5.4
6.7
83
4.5
73
7.8
5.7
6.8
8.3
42
72
7.7
6.6
7.4
9.3
5.4
75
8.5
7.4
82
83
4.9
7.3
8.6
72
8.1
9.5
4.9
7.0
8.1
7.4
82
10.1
5.1
7.0
7.9
7.3
9.0
10.4
5.3
7.0
75
7.1
92
12.0
6.1
7.3
8.4
75
10.0
12.4
6.7
7.0
8.9
7.7
10.6
11.8
6.8
6.4
9.0
7.7
11.3
11.7
6.7
6.1
8.9
75
11.7
35
36
37
38
39
40
41
42
43
1.9
33.8
4.4
5.1
4.6
19.7
3.1
15.1
32
2.3
354
4.7
5.5
4.7
21.0
3.3
14.9
35
ZZ
39.0
5.4
5.9
5.0
226
3.6
13.8
6.3
22
41.8
6.1
6.8
5.1
23.8
35
14.7
62
21
43.3
63
7.3
53
23.9
4.1
145
6.4
22
413
7.6
7.5
5.5
21.1
4.4
14.4
6.3
22
45.5
8.7
8.5
5.7
22.7
4.6
15.7
6.6
22
47.8
9.6
9.7
5.9
22.6
5.0
15.5
6.9
2.3
48.9
10.6
10.4
6.0
22.0
5.4
142
7.1
2.6
493
115
11.0
6.1
212
5.7
14.0
75
2.7
52.6
126
122
62
21.6
6.1
132
7.6
23
55.9
13.5
132
62
23.0
6.7
15.6
8.0
2.8
58.6
14.7
145
65
23.0
7.3
16.3
8.5
2.9
60.1
15.7
15.1
6.4
22.8
7.8
16.0
8.7
3.1
62.4
16.6
16.0
6.2
23.7
8.0
16.4
8.9
44
44:0
45.1
51.8
552
60.0
623
65,6
693
723
764
80.7
83.7
893
944
100.7
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
4.3
1.4
13.8
4.8
22
15.8
4.5
15
13.9
5.0
2.4
16.0
5.0
1.7
17.5
5.9
£9
17.1
4.8
1.6
195
5.6
32
172
5.0
1.7
21.6
62
35
18.3
52
1.7
21.7
6.0
35
195
5.7
13
225
62
3.6
20.8
63
1.9
23.5
6.3
3.7
212
6.6
2.0
24.3
63
3.7
223
6.8
22
25 2
72
3.8
24.1
63
2.1
272
7.9
4.0
25.6
7.3
21
27.0
8.3
4.0
27.4
8.1
2.3
28.4
8.7
42
29.4
83
2.3
29.8
92
45
312
9.1
22
322
95
49
343
4.4
53
""""63
"7.6
"82
8.7
8.4
..............
..............
1.7
......„.„...
*"""•—
60
50.6
523
55.0
565
573
573
612
62.1
814
633
66.7
69.1
694
715
754
61
62
55
15
73
2.0
6.7
2.0
55
15
55
20
4.8
2.0
73
2.4
6.3
2.5
52
2.7
4.9
23
6.3
3.0
62
32
53
32
5.1
3.3
5.8
3.3
63
14.0
14.6
18.1
19.4
19.7
19.4
19.9
20.3
205
22.1
23 2
242
245
245
26,1
64
65
66
67
105
9.7
55
3.5
10.1
9.4
55
3.4
10.1
10.3
4.3
3.5
11.7
10.1
4.6
3.3
113
10.9
4.7
32
11.8
11.3
4.9
32
12.3
112
43
32
125
11.7
5.3
3.4
12.4
11.3
55
3.3
12.7
11.4
5.7
3.4
13.0
12.0
5.8
35
14.0
12.1
5.9
3.6
15.4
11.4
6.0
3.7
16.1
12.1
6.4
4.0
16.4
13.0
6.7
4.1
'
Table 2.5.—Personal Consumption Expenditures by Type of Expenditure in Constant Dollars-Continued
[Billions of 1987 dollars]
Line
Transportation
User-operated transportation
Mew autos (d.)
Net purchases of used autos (d.) .
Other motor vehicles (d.).
Tires, tubes, accessones, and other parts (d.)..
Repair, greasing, washing, parking, storage,
rental, and leasing (s.).
Gasoline and oil (n.d)
......
Bridge, tunnel, feny, and road tolls (s.)
Insurance19 (s.)
Purchased local transportation
Mass transit systems (s.)
Taxicabls.)
Purchased intercity transportation
Railway (s.)
Bus (s.)
—
Airline (s.)
Other 26 (s.)
Recreation .
Books and maps (d.)
Magazines, newspapers, and sheet music (nxJ.) ......
Nondurable toys and sport supplies (n.d.) ..
Wheel goods, sports and photographic equipment
boats, and pleasure aircraft (d.).
Video and audio products, computing equipment,
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
athletics) (s.).
Spectator sports ai (s.)
Clubs and fraternal organizations22 (s.)
Commercial participant amusements" (s.)
Pari-mutuel net receipts (s.)
Other 24 [%)
1945
1944
1946
1947
1948
1949
1954
1953
1952
1951
1950
1957
1956
1955
1958
68
543
583
81.1
903
953
1044
1145
1115
1115
1203
122.0
1385
1343
1363
1315
69
70
71
72
73
74
24.3
2
8.7
0
1.3
5.3
29.0
2
82
0
13
73
512
7.7
5.9
1.1
3.8
12.6
62.1
135
8.5
1.4
3.5
13.4
69.3
15.3
11.7
15
3.3
142
81.1
21.6
152
1.1
3.1
15.0
93.4
28.7
17.6
1.3
3.8
15.5
91.1
23.0
17.6
1.4
3.3
165
915
195
19.1
1.1
3.5
17.1
101.5
26.9
19.1
1.0
3.1
18.4
104.2
25.9
21.9
1.0
2.8
18.3
1212
36.4
232
1.5
3.3
19.7
1172
28.9
22.5
1.5
3.6
20.6
120.0
29.8
21.9
1.4
4.1
21.5
116.0
22.2
23.6
12
4.4
22.0
75
76
77
78
79
80
81
82
83
84
85
7.4
.1
1.4
21.7
17.8
3.9
8.3
5.0
3.0
.1
2
9.7
.1
1.6
21.6
18.1
35
8.4
4.9
3.0
2
2
17.7
2
2.3
22.3
17.9
4.4
7.6
4.0
3.1
.4
2
18.8
2
23
21.1
17.1
4.0
63
3.4
28
.4
2
20.0
2
3.1
20.1
162
3.9
6.4
3.1
2.7
.4
2
21.8
2
3.1
17.6
14.4
3.1
5.7
25
2.6
.4
2
226
2
3.7
15.9
12.9
3.0
52
21
25
5
2
245
.3
45
14.7
11.6
3.0
5.8
2.3
2.6
.7
2
265
.3
43
14.0
10.9
3.1
6.0
2.4
2.6
.8
2
28.0
.4
4.6
13.4
10.3
3.1
6.0
2.3
25
1.0
2
28.9
.4
5.1
12.1
92
2.9
5.7
2.1
2.3
1.1
2
31.4
.4
52
11.5
8.6
2.9
5.8
2.0
22
1.3
2
33.3
,5
62
11.2
8.3
3.0
5.9
2.0
2.2
1.5
2
34.6
.6
62
10.9
7.9
3.0
5.9
1.8
2.1
1.7
2
362
86
363
383
463
443
435
423
44.3
454
453
465
473
495
51.7
50.1
49.4
87
88
89
90
3.9
7.8
13
.9
4.4
8.3
15
1.1
43
9.1
23
21
4.0
9.6
2.4
2.3
4.0
9.7
2.6
22
4.0
9.6
2.8
2.0
4.3
9.7
3.3
2.1
4.8
10.0
3.7
2.0
4.6
102
3.8
22
4.7
10.3
3.8
2.4
45
10.4
3.7
2.7
4.7
105
4.0
32
5.1
10.4
42
3.6
4.9
102
4.4
3.8
4.8
10.0
4.4
4.0
91
3
.3
1.1
1.1
1.1
1.2
1.7
1.6
1.8
2.1
2.3
25
2.6
24
2.4
12
1.7
11.1
9.0
1.3
1.3
1.6
11.4
92
1.4
1.3
1.8
11.7
9.4
1.5
1.4
1.8
9.6
7.2
1.6
1.4
1.7
8.5
6.1
1.6
2
92
93
94
95
96
3
12
13 2
11.7
1.1
3
1.3
13.7
12.1
12
.4
1.4
15.7
13.6
1.3
5
1.3
14.4
12.3
1.3
.6
1.1
13.6
11.5
1.3
.6
1.3
13.0
103
1.3
.9
1.4
12.4
103
1.3
1.0
15
12.0
10.0
1.3
1.1
1.4
11.7
9.6
1.3
12
1.6
11.1
9.0
1.3
97
98
99
100
101
.3
13
23
12
22
5
2.0
2.4
1.3
23
.8
2.3
27
1.6
2.4
.8
22
2.7
15
2.4
.9
23
2.7
12
2.4
3
2.4
2.6
12
2.4
.8
23
2.7
12
2.4
.8
2.2
2.7
1.3
2.5
.8
2.3
2.7
15
2.6
.8
2.3
2.7
1.7
2.9
.8
2.3
2.7
1.6
3.1
.8
2.4
2.8
1.7
3.4
.8
2.5
3.1
1.8
3.6
.8
2.6
3.3
1.8
33
.9
2.7
3.6
13
4.0
102
9.4
92
93
10.6
112
113
123
12.7
133
14.0
145
15.6
165
17.8
16.8
103
104
105
4.1
33
2.0
3.9
3.5
13
4.3
3.1
20
53
3.4
1.9
5.7
35
2.0
6.1
3.7
21
62
33
2.3
62
4.1
2.4
6.4
4.4
2.6
6.7
4.6
2.7
6.9
4.8
2.8
7.4
5.1
3.1
7.9
5.4
32
8.7
5.8
3.3
95
6.0
3.4
Religious and welfare activities" (s.)
106
133
132
135
123
122
12.1
122
122
133
14 A
15.1
15.3
16.6
163
17,6
Foreign travel and other, net
107
75
133
-2
5
13
3.4
35
43
6.8
93
8.7
9.2
9.4
9.4
10.0
108
109
110
3
8.0
1.3
1.1
14.3
1.5
1.8
1.4
22
2.4
1.6
22
2.8
2.0
20
32
3.1
22
35
29
24
3.6
4.3
2.6
4.1
5.9
2.8
43
82
3.1
45
7.8
32
52
8.0
3.6
5.6
8.1
3.9
6.0
8.0
4.1
6.5
8.0
42
111
0
.1
12
1.3
1.0
.6
.5
.4
.4
.4
.3
.3
.4
.4
.3
Education and research .
Higher education" (s.)
Nursery, elementary, and secondary schools26 (s.) .
Other" (s.)
Foreign travel by U.S. residents (s.)
Expenditures abroad by U.S. residents (ad.)
Less: Expenditures in the United States by
nonresidents (s.).
Less: Personal remittances in kind to nonresidents
Out).
NOTE.—Seefootnotesto table 2.4.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
.
Table 2.6.—Personal Consumption Expenditures by Type of Product
[Billions of dollars]
Line
personal consumption expenditures .
1929
1930
1932
1933
1934
1935
1936
1937
1938
1941
1940
1943
775
70.2
60.7
48.7
455
51.4
555
62.2
645
675
715
81.0
885
99.7
9.2
72
55
3.6
35
42
5.1
65
5.7
6.7
75
9.7
6.9
65
Motor vehicles and parts
New autos (70)
Net purchases of used autos (71) ,
Other motor vehicles (72).
Tires, tubes, accessories, and other parts (73)
3.3
2.6
0
.1
.6
22
1.6
1.1
0
.1
.4
1.0
.6
0
0
.3
1.1
1.4
1.0
0
.1
.3
1.9
15
0
.1
.4
2.4
1.9
0
.1
.4
1.7
12
0
2.3
1.6
0
.1
.5
25
2.1
.1
.5
3.5
2.6
.2
.1
.7
.8
.1
.3
0
.4
Furniture and household equipment
Furniture, including mattresses and bedsprings
(29).
Kitchen and other household appliances (30)
China, glassware, tableware, and utensils (31)
Video and audio products, computing equipment,
and musical instruments (91).
Other durable house furnishings (32)
4.7
12
3.8
.9
3.0
2.1
.5
22
25
.7
3.1
3.4
.9
3.8
1.1
4.8
1.3
3.9
12
.7
.6
1.0
5
.4
.9
.7
.5
.4
5
5
.5
1.1
.6
.6
.3
.6
.4
Other.,
Ophthalmic products and orthopedic appliances
12
.1
1.0
1.1
.2
2
1.3
2
1.9
.3
.4
.6
.3
Durable goods..
Wheel goods, sports and photographic equipment,
boats, and pleasure aircraft (90).
Jewelry and watches (18)
Books and maps (87)
Nondurable goods .
1.6
0
.1
5
5
0
0
.3
.5
.1
.4
5
.4
.3
.4
.3
2
1.1
.1
1.0
.6
.3
5
.3
.3
.3
2
.3
2
2
2
2
2
5
.2
.4
2
.3
2
.7
.3
37.7
345
29.0
22.7
225
26.7
295
32.9
355
345
35.1
37.0
42.9
505
58.6
Food
Food purchased for off-premise consumption (3)..
Purchased meals and beverages (4)
Food furnished to employees (including military)
and food produced and consumed on farms
(5+6).
19.5
145
2.9
1.9
18.0
13.5
25
1.7
14.7
10.8
2.5
1.4
11.4
115
14.2
105
2.2
18.4
13.9
3.0
1.5
19.9
145
3.5
1.6
18.9
14.1
3.4
1.4
19.1
14.2
3.6
1.4
205
14.9
3.9
1.4
23.4
17.0
4.6
1.8
28.4
20.1
5.7
12
165
122
2.6
1.4
2.6
33.2
22.3
7.1
3.8
Addenda: Food excluding alcoholic beverages(B) .
Alcoholic beverages purchased for offpremise consumption (9).
Other alcoholic beverages (10)
19.5
0
18.0
0
14.7
0
11.4
0
12 2
1.5
13.6
1.9
155
25
16.5
2.6
15.6
2.4
15.7
2.4
16.6
25
19.2
3.0
23.3
3.6
27.4
4.0
13.4
1.9
6.9
82
2.1
1.1
10.9
2
1.0
Clothing and shoes
Shoes (12)
Women's and children's dothing and accessories
except shoes (14).
Men's and boys' clothing and accessories except
shoes (15+16).
7.1
15
3.6
7.5
1.3
3.8
1.4
4.3
11.0
1.8
5.3
2.3
2.4
3.0
3.9
Gasoline and oil (75)
22
25
2.6
2.1
1.3
1.4
15
1.7
1.9
2.0
55
5.6
6.4
75
8.7
15
5
.7
.5
1.9
.5
.7
.5
2.1
.6
.9
.6
2.3
.7
1.1
2.6
.9
1.3
.7
.8
.6
.3
.3
.1
2
.7
.4
.2
2.1
1.3
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 supplies and paper
products (34).
Drug preparations and sundries (45)
Nondurable toys and sport supplies (89)
Stationery and writing supplies (35)
Net foreign remittances (109 less 111)
Magazines, newspapers, and sheet music (88) ...
Flowers, seeds, and potted plants (93)
Services
Housing
Owner-ocajpied
Tenant-occupied nonfarm dwellings-rent (25) ....
R e v a l u e of farm dwellings (26)
Household operation
Electricity (37)
Z..
!
Water and other sanitary services (39)
Telephone and telegraph (41)
Jomestx; service ( 4 2 ) .
Other (43)
l..'
ZZZZZZZZZZ.
Transportation
Repair, greasing, washing, parking, storage,
rental, and leasing (74).
Other user-operated transportation (76+77) ..
Purchased local transportation
......
w
S
systems (79)
Purchased intercity transportation .
Railway (82) ....„.„..._
Bus (83)
Airline (84)
other (85)
z z i z
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
1.0
.4
.3
.3
.8
.3
.4
.5
.5
5
2
2
2
2
2
.1
0
.4
.1
.1
0
.4
.1
.1
0
.4
.1
.1
0
5
.1
.1
0
.5
.6
5
.1
0
.5
2
2
.6
2
5
2
.6
2
.5
5
.1
0
5
.1
2
.2
305
29.0
26.2
225
205
205
215
235
24.7
25.4
26 A
285
315
11.7
112
75
3.6
75
3.6
85
35
8.8
4.0
42
9.7
4.3
10.4
4.7
112
4.4
8.1
35
9.4
5.6
105
5.1
92
5.9
52
11.8
5,6
4.5
.9
.3
45
.9
5
4.3
5
5
3.9
.7
3.4
.6
3.3
.6
2
2
3.5
.7
.3
3.8
.7
.3
4.1
.7
.3
4.3
.7
.3
4.6
2
3.3
.7
5
4.8
5
.4
45
.9
.5
4.0
.6
5
.3
.6
1.7
.3
35
.7
.6
.3
.6
1.5
5
35
.7
.6
5
.6
1.1
5
3.1
.7
5
2.8
32
.7
5
.3
.5
.9
5
3.4
.7
.5
.3
5
1.0
.3
3.7
5
5
.3
5
3.8
5
5
.3
.6
12
1.1
2
3.0
.7
5
5
.4
.9
.3
5
.3
4.0
.9
.6
.4
.6
15
.4
4.3
1.0
.6
.4
.7
15
.4
4.8
1.0
.6
.4
.8
1.5
.5
5.2
1.0
.6
.4
1.0
1.6
.6
2.6
5
5
22
1.9
15
.5
.4
15
5
.4
1.7
.6
i
1.9
.7
5
2.0
.7
.5
2.0
.8
2.1
5
.6
2.4
1.0
2.7
.8
.6
3.4
.7
.6
.1
1.1
.9
.1
1.1
5
.1
.7
.6
.1
.1
5
.7
.1
.3
.1
5
.7
.1
.3
2
2
5
.7
.1
.3
.9
.7
.1
.4
2
2
2
.1
0
0
.1
0
0
.1
0
0
.6
.3
.1
0
.5
5
.1
0
5
2
.7
.6
2
2
5
.4
.1
0
.1
.4
.3
.1
0
0
.4
.6
.5
5
.4
.7
2
2
0
0
0
2
0
0
0
0
0
0
.7
2
.4
2
.1
0
0
2
.9
5
2
.4
.2
.1
0
0
.4
2
2
.7
2
2
2
15
5
1.3
1.0
.3
.7
.4
2
0
0
1.6
1.3
.4
2
.4
2
.1
0
0
1.0
.7
.3
0
0
Table 2.6.—Personal Consumption Expenditures by Type of Product—Continued
[Billions of dollars]
Line
1930
1929
1932
1931
1934
1933
1935
1937
1936
1941
1940
1939
1938
1942
1943
Services-Continued
Medical care
Physicians (47)
Dentists (48)
Other professional services (49)
Hospitals and nursing homes (50)
Health insurance (56)
—
Other
Personal care
Cleaning, storage, and repair of clothing and
shoes (17).
Barbershops, beauty parlors, and health clubs
(22).
Other (19)
Personal business
Brokerage charges and investment counseling
ffill
(OIJ.
Bank service charges, trust services, and safe
deposit box rental (62).
Services furnished without payment by financial
intermediaries except life insurance carriers
and private noninsured pension plans.
Expense of handling life insurance (64)
Legal services (65)
Funeral and burial expenses (66)
Other (67)
Recreation
Admissions to specified spectator amusements
Other (92+98+99+100+101)
Education and research
Higher education (103)
Nursery, elementary, and secondary schools
004).
Other (105)
Religious and welfare activities (106)
Net foreign travel
Foreign travel by U.S. residents (108)
......
Less: Expenditures in the United States by
nonresidents (110).
See note at end of table.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
69
70
71
72
73
74
2.4
1.0
5
.3
.6
.1
2.3
.9
.5
2
.6
.1
2.1
.8
.4
2
.6
.1
1.7
.7
.3
2
.5
.1
1.6
.6
.3
.1
5
.1
1.7
.7
.3
.1
JS
.1
15
.7
.3
2
.5
.1
2.0
.8
.3
2
.6
.1
2.1
.9
.4
.2
.6
.1
2.1
.8
.4
2
.6
.1
2.2
.9
.4
2
.6
2
2.3
.9
.4
.2
.7
2
2.5
1.0
.5
2
.7
2
2.8
1.0
.5
2
.8
2
3.0
1.1
.5
2
.9
.3
75
76
77
9.9
1.8
1.1
9.3
1.7
1.0
8.3
1.4
.9
6.8
1.1
.7
62
1.0
.6
6.4
1.1
.6
6.9
12
.7
7.5
1.3
.8
82
15
.8
7.9
1.4
.8
8.0
1.4
.8
82
1.5
.9
8.9
1.7
1.0
9.7
2.0
12
11.1
2.4
1.5
78
.5
5
.5
.4
.3
.4
.4
.5
5
.5
.5
5
.6
.6
.7
79
80
81
2
3.9
.8
.1
3.5
5
.1
3.0
.3
.1
2.6
2
.1
2.5
.4
.1
2.5
2
.1
2.8
2
.1
3.0
.3
.1
32
.3
.1
3.0
.2
.1
3.1
2
.1
32
.1
.1
3.3
.1
2
3.4
.1
.2
3.7
2
82
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.2
2
2
83
1.0
.9
.7
.5
.4
.4
.5
.6
.6
5
.6
.6
.7
.7
.7
84
85
86
87
88
89
.9
.4
.6
2
1.7
.9
.9
.4
JS
.1
1.7
.9
.9
.4
.5
.1
1.6
.9
.9
.3
.4
.1
12
.6
.9
.3
.4
.1
1.1
.6
.9
.4
.4
.1
12
.6
1.0
.4
.4
.1
1.3
.7
1.0
.4
.5
.2
1.4
.8
1.0
.4
.5
.3
1.6
.8
1.0
.4
.5
.3
15
.8
1.0
.4
.5
.3
1.6
.8
1.0
.4
.5
.3
1.7
.9
1.0
5
.6
.3
1.9
1.0
1.0
.5
.6
.4
2.1
1.2
1.1
5
.6
.4
2.4
1.5
90
91
92
93
.8
.8
2
2
.8
.8
.3
2
.7
5
.3
2
.6
.7
.3
2
.5
.5
.3
.1
.6
.6
.3
.1
.6
.6
2
.1
.7
.6
.3
2
.8
.7
.3
2
.7
.7
.3
2
.7
.7
.3
.2
.8
.7
.3
2
.9
.8
.4
2
.9
.9
.4
.3
1.0
1.1
.4
.3
94
95
96
97
98
.3
12
JS
.6
.1
.3
1.3
.5
.6
.1
2
12
.3
.4
.1
2
1.0
.3
.3
.1
2
.9
2
.3
.1
.1
.9
2
.3
.1
2
.9
2
.3
.1
2
.9
2
.4
.1
2
.9
.3
.4
.1
2
1.0
2
.4
.1
2
1.0
2
.3
.1
.2
1.1
.1
2
.1
2
1.1
.1
.2
.1
.3
1.3
0
.1
.1
.4
1.5
0
.1
.1
Table 2.6.—Personal Consumption Expenditures by Type of Product-Continued
[Billions of dollars]
Line
Persona) consumption expenditures .
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1
1085
119.9
144.3
1625
175.4
178.9
192.7
208.7
219.7
233.5
240.7
259.1
2715
286.7
296.3
2
6.7
SJ0
155
20.4
225
25.0
305
295
295
32.7
32.1
385
382
39.7
37.2
Motor vehicles arid parts
New autos (70) ,
Net purchases of used autos (71)
Other motor vehicles (72)
Tires, tubes, accessories, and other parts (73)
3
4
5
6
7
.8
.1
.3
0
.4
1.0
0
.3
0
.7
4.1
2.0
.4
.3
1.4
6.6
4.0
5
.4
1.4
8.0
5.0
1.2
.5
1.3
10.6
7.7
1.3
.4
12
13.7
10.3
1.4
5
15
122
8.6
15
.5
1.5
11.3
8.0
1.3
.4
15
13.9
11.1
.9
.4
1.5
13.0
10.8
5
.4
1.3
17.8
138
1.9
5
1.6
15.8
11.6
2.0
.6
1.7
17.3
12.6
2.1
.6
2.0
145
9.7
2.5
5
2.1
Furniture and household equipment
Furniture, including mattresses and bedsprings
(29).
Kitchen and other household appliances (30)
China, glassware, tableware, and utensils (3t)
Video and audio products, computing equipment,
and musical instruments (91).
Other durable house furnishings (32)
8
9
3.8
1.3
45
15
8.4
22
10.6
2.5
11.5
2.8
11.3
2.7
13.7
3.1
14.1
32
14.0
3.5
14.7
3.7
145
35
16.4
4.4
17.3
4.6
172
4.5
16,9
4.5
2
.6
.3
.3
.8
.3
1.6
1.3
1.1
2.9
1.3
1.4
3.1
1.4
1.5
2.8
1.4
1-7
3.6
1.5
2.4
3.5
1.6
22
3.5
1.6
2.4
3.6
1.6
2.6
3.7
1.6
25
4.1
1.7
2.9
4.3
1.8
3.0
4.3
1.7
2.9
4.1
1.7
2.8
13
U
15
22
2.4
2.7
2.7
3.1
35
3.2
3.1
2.9
3,3
3.6
3.8
3.8
Other
Ophthalmic products and orthopedic appliances
14
15
2.1
.3
25
5
32
.4
3.3
.4
3.4
.4
32
.5
3.3
.5
3.6
5
3.9
.6
4.1
.6
4.3
.6
4,6
.6
5.0
.7
52
.7
5.4
.7
Durable goods
Wheel goods, sports and photographic equipment
boats, and pleasure aircraft (90).
Jewelry and watches (18)
Books and maps (87)
Nondurable goods
10
11
12
16
.3
.4
.8
1.0
1.0
5
.9
.9
1.0
1.1
12
1.4
1.6
1.7
1.9
17
18
1.0
5
12
5
1.4
.6
1.4
5
1.4
.6
1.3
.6
1.3
.7
1.4
5
15
.8
1.6
.8
1.7
5
1.8
.9
1.8
1.0
1.8
1.0
1.9
1.0
19
642
71.9
82.7
90S
96.6
945
982
1092
114.7
1175
119.7
124.7
1305
137.1
141.7
Food.,
Food purchased for off-premise consumption (3)..
Purchased meals and beverages (4)
Food furnished to employees (including military)
and food produced and consumed on farms
(546).
20
21
22
23
36.7
24.1
8.1
4.5
40.6
26.2
95
5.0
47.4
32.7
10.9
35
52.3
37.9
10.9
3.6
542
39.6
11.0
3.6
52.5
38.6
105
3.1
53.9
39.8
11.1
3.0
60.7
442
12.7
3.8
64.1
46.7
13.6
3.9
65.4
475
14.1
35
66.8
49.3
14.4
32
68.6
50.9
14.9
2.9
71.4
53.1
15.6
2.7
75.1
56.2
16.3
2.6
77.9
58.8
16.4
2.7
Addenda: Food excluding alcoholic beverages{8) .
Alcoholic beverages purchased for offpremise consumption (9).
Other alcoholic beverages (10)
24
25
29.9
4.7
332
5.1
39.0
5.6
43.7
5.9
46.3
5.1
44.8
5.0
46.0
5.1
52.4
5.1
55.3
55
56.3
55
57.7
55
59.3
5.7
61.7
5.8
65.2
5.9
67.9
5.9
Clothing and shoes
Shoes (12)
Women's and children's clothing and accessories
except shoes (14).
Men's and boys' clothing and accessories except
shoes (15+16).
26
2.1
2.4
2.7
2.7
IB
2.7
2.8
32
3.4
3.5
35
3.6
3.8
4.0
4.0
27
28
29
14.6
2.0
75
16.5
2.3
8.8
18.2
25
9.7
18.8
3.0
9.9
20.1
3.1
10.9
19.3
3.1
102
19.6
3.3
10.0
21.3
3.3
10.9
22.0
3.3
11.6
222
3.3
\Z0
22.3
3.3
12.0
23.3
3.6
125
24.4
38
13.1
24.5
3.8
13.3
24.9
4.1
13.5
30
4.9
5.4
5.7
5.9
6.1
6.0
6.3
7.1
7.1
6.9
6.9
7.1
75
7.4
7.3
10.6
Gasoline and oil (75)..
31
1.4
1.8
3.4
4.0
45
5.3
55
6.1
65
7.4
7.8
8.6
9.4
10.2
Fuel oil and coal (40).
32
2.0
22
25
3.0
3.4
3.1
3.4
35
35
3.4
3.5
35
3.9
4.1
42
Other
33
9.6
10.8
115
125
14.1
14.7
155
175
18.4
19.4
19.3
20.4
21.7
232
24.2
34
35
36
37
2.6
1.0
15
5
2.9
1.1
15
.7
3.4
1.1
2.0
.9
3.7
12
2.1
15
4.0
1.3
2.4
1.6
4.1
1.3
2.3
1.6
4.3
1.4
2.6
15
45
15
25
2.0
4.9
1.6
2.6
1.9
5.1
1.7
2.6
2.1
4.9
15
2.4
2.3
5.1
1.9
2.6
2.5
5.3
22
2.7
2.7
5.7
2.4
2.7
2.9
6.0
2.6
2.6
3.1
38
39
40
41
42
43
1.1
.5
.4
5
.9
.3
1.1
.6
.4
1.1
1.0
A
1.3
.8
.4
-.1
1.1
.4
1.3
.9
.4
-2
12
.4
15
1.1
5
0
1.4
.4
1.6
12
5
2
15
5
1.7
1.4
.5
2
1.5
.5
2.0
1.7
.6
.5
1.6
5
2.1
1.7
.6
.7
1.7
5
22
1.7
.7
1.0
1.8
.6
22
1.6
.7
1.0
1.8
.6
2.4
15
5
1.0
15
5
2.7
10
.8
1.0
1.9
.6
3.0
2.0
.9
1.0
2.0
.6
32
2.1
.9
1.0
2.1
.6
44
Tobacco products ( 7 ) .
Cleaning and polishing preparations, and
miscellaneous household supplies and paper
products (34).
Drug preparations and sundries (45)
Nondurable toys and sport supplies (89)
Stationery and writing supplies (35)
Netforeignremittances (109 less 111}
Magazines, newspapers, and sheet music (88) ...
Flowers, seeds, and potted plants (93)
37.4
40.0
455
515
56.0
59.0
63.7
69.7
75.7
83.0
89.0
955
1035
1095
117.4
Housing
Owner-occupied nonfarm dwellings—space rent
(24).
Tenant-occupied nonfarm dwellings-rent (25) ....
Rental va'ue of farm dwellings (26)
v
Other (27)
'
45
46
12.3
6.1
12.8
65
142
7.4
16.0
8.5
17.9
9.7
19.6
11.0
21.7
12.4
24.3
14.1
27.0
15.9
29.9
17.9
32.3
19.7
34.4
21.4
36.7
23.2
39.3
25.0
42.0
27.0
47
48
49
4.8
1.0
5
4.7
1.1
5
4.9
1.3
.6
5.3
1.4
.8
5.9
1.5
.8
65
1.4
.8
7.1
15
5
7.7
1.6
.9
8.4
1.7
.9
9.2
1.8
1.0
95
1.7
1.1
10.1
1.7
1.1
105
1.7
12
112
1.8
1.4
11.8
1.9
1.4
Household operation
Bectridty (37)
s (38)
Water and other sanitary services (39)
Telephone and telegraph (41)
1
Domestic service (42)
Other (43)
50
51
52
53
54
55
56
5.9
1.1
.7
.4
11
1.9
.7
6.4
12
.7
.4
12
2.1
5
6.8
1.3
.8
5
1.3
2.1
5
7.5
15
.9
.5
1.4
2.3
.9
8.1
1.7
1.0
5
1.6
24
1.0
8.6
1.9
1.0
.6
1.7
2.4
1.0
95
2.1
12
.6
1.9
2.6
1.1
10.4
2.4
1.3
.7
22
2.7
12
112
2.7
15
.7
2.4
2.6
1.3
12.1
2.9
1.6
.8
2.7
2.7
1.4
12.7
3.2
15
.8
2.8
2.6
15
142
35
2.0
.9
3.1
3.1
1.6
15.4
3.8
2.3
1.0
3.3
3.3
1.7
16.4
4.1
2.4
1.1
3.6
3.3
15
17.5
4.4
2.7
1.1
3.9
3.5
1.9
Transportation
User-operated transportation
Repair, greasing, washing, parking, storage,
rental, and leasing (74).
Other user-operated transportation (76+77) ...
Purchased local transportation
Mass transit systems (79)
57
58
59
3.7
9
.7
4.0
12
1.0
5.0
2.0
1.7
5.3
2.4
2.0
55
2.8
22
5.9
3.0
2.4
62
3.4
25
6.8
3.8
2.9
7.3
42
3.1
8.0
4.9
35
82
52
3.6
8.5
55
3,9
8.9
5.9
4.3
9.4
62
4.6
9.7
65
4.8
60
61
62
63
64
65
66
67
68
2
1.7
1.4
,4
1.1
.7
.3
o
0
2
1.7
1.4
.4
1.1
.7
.3
.1
0
.3
15
1.4
.5
1.0
.6
.3
.1
0
5
1.9
1.4
5
1.0
5
5
.1
0
.6
2.0
15
.5
1.0
.5
.3
.1
0
.7
2.0
1.5
5
.9
5
.3
.1
0
S
1.9
1.4
5
5
.4
5
.1
0
1.0
2.0
15
.5
1.0
.4
.3
2
0
1.1
2.0
1.5
5
1.1
5
.4
2
0
15
2.0
15
5
1.1
.4
.3
.3
0
1.7
1.9
1.4
.5
1.0
.4
.3
.3
0
1.5
1.9
1.4
.5
1.1
.4
.3
.3
0
1.6
2.0
1.4
.6
1.1
.4
.3
.4
0
1.6
2.0
1.4
.6
1.2
.4
.3
.4
0
1.9
1.9
1.3
.6
1.1
.3
.3
5
0
Services
J S 5 2 5 !interc%"iransp^tion"!
8L
Purchased
Airline (84)
Other (85)
[.J
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
Table 2.6.—Personal Consumption Expenditures by Type of Product—Continued
[Billions of dollars]
1944
Line
1945
1948
1947
1946
1949
1952
1951
1950
1954
1953
1955
1957
1956
1958
Services—Continued
Medical care
Physicians (47)
Dentists (48)
Other professional services (49)
Hospitals and nursing homes (50)
Health insurance (56)
69
70
71
72
73
74
35
13
.6
2
1.0
3
3.8
1.4
.6
.3
1.1
.4
4.7
1.8
3
.3
1.4
.4
5.7
2.1
.8
.4
1.7
3
6.6
2.4
.9
5
1.9
3
63
25
.9
.5
21
.8
72
2.6
1.0
5
23
.9
7.7
27
1.0
5
2.6
.9
8.6
3.0
1.1
.5
29
1.1
9.6
3.3
12
.6
32
1.3
10.6
3.7
1.4
.6
35
1.4
' 11.3
3.8
15
.7
3.8
1.4
122
4.2
1.7
.7
42
1.4
13.4
4.6
1.8
.8
4.7
1.6
14.9
5.1
19
.9
5.4
1.5
Other
Personal care
Cleaning, storage, and repair of clothing and
shoes (t7).
Barbershops, beauty parlors, and health dubs
(22).
Other (19)
Personal business
„.
Brokerage charges and investment counseling
(61).
Bank service charges, trust services, and safe
deposit box rental (62).
Services furnished without payment by financial
intermediaries except life insurance carriers
and private noninsured pension plans.
Expense of handling life insurance (64)
Legal services (65)
Funeral and burial expenses (66)
Other (67)
Recreation
Admissions to specified spectator amusements
75
76
77
12.1
2.7
1.6
13.0
2.9
1.7
152
3.3
22
16.5
3.6
24
17.7
3.8
25
18.1
3.8
25
19.1
3.8
25
20.4
4.1
27
21.6
4.3
2.8
23.4
4.6
2.9
25.2
4.8
2.9
272
5.1
3.0
29.7
5.4
3.1
31.4
5.7
3.2
33.3
5.8
3.1
1.0
1.0
1.0
1.0
1.1
12
13
1.4
1.6
1.7
2.0
22
2.3
2
6.6
.5
2
72
5
.3
75
.4
.3
8.3
.4
.3
9.1
.6
.3
10.1
.7
.4
11.0
.7
.4
11.8
.7
,4
12.6
.9
Otl2r\'92+9&+99+100+l01)
Education and research
Higher education (103)
..
Nursery, elementary, and secondary schools
(104).
Other (105)
.....
Religious and welfare activities (106)
Net ©reign travel
Foreign travel by U.S. residents (108)
Less: Expenditures in the United States by
nonresidents (110).
78
.8
79
80
81
2
3.9
82
2
2
2
.3
3
.3
.4
.4
.4
.5
.5
.6
.7
.7
Z
83
.7
.8
12
13
1.4
15
1.7
1.8
1.9
24
2.7
3.1
3.4
3.5
3.6
84
85
86
87
88
89
1.1
.7
5
2.7
1.6
1.1
.6
.7
.4
3.0
1.7
12
.6
.7
5
3.7
21
1.4
.7
3
.6
3.8
2.0
15
3
3
.6
3.8
13
1.6
.8
.9
.6
3.8
1.9
13
.9
.9
.6
3.9
1.8
1.9
1.0
1.0
.7
4.0
1.8
20
1.0
1.0
.7
4.3
1.7
2.1
1.1
1.1
.7
4.5
1.7
22
1.3
1.1
.7
4.8
1.8
2.5
1.4
1.1
.8
52
2.0
2.8
1.4
12
.8
5.6
2.1
3.1
1.6
1.3
.9
5.6
1.8
3.2
1.8
1.4
.9
5.8
1.7
1.1
1.1
5
.3
1.3
1.1
.5
3
1.6
12
.6
3
1.8
15
.7
.4
1.9
1.7
.8
5
2.0
13
.9
5
2.1
1.9
.9
.5
2.3
2.1
1.0
.6
2.5
22
1.0
.7
28
24
1.0
.7
3.0
25
1.1
.8
32
2.8
1.2
.9
3.5
3.1
1.4
1.0
3.9
3.4
1.5
1.1
42
3.7
1.7
12
.3
1.7
0
.3
13
.1
3
.3
21
.1
5
.4
.3
21
2
.6
.4
.4
2.3
.3
.7
.4
.4
23
.4
.9
5
5
2.4
.4
.9
5
.5
2.6
.4
3
.6
5
3.0
.4
1.0
.6
.6
32
5
12
.7
.6
3.4
5
1.3
.7
.7
3.5
.6
1.5
.8
.7
4.0
.7
1.6
.9
.8
42
.7
1.7
1.0
.9
4.5
.9
1.9
1.0
90
91
92
93
94
95
96
97
98
2
'
2
2
3
.3
42
.3
2
2
43
.3
NOTE.—The figures in parentheses are the line numbers of the corresponding items in table 2.4.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
2
5.3
.3
2
5.8
3
2
6.0
.3
Table 2.7.—Personal Consumption Expenditures by Type of Product in Constant Dollars
[Billions of 1987 dollars]
Line
Personal consumption expenditures .
1929
1930
1931
1932
1934
1933
1935
1936
1937
1938
1939
1941
1940
1942
1943
1
5545
5203
501.0
4565
447.4
461.1
487.6
534.4
554.6
5422
568.7
5952
6293
628.7
6473
2
48.1
38.1
32.4
245
24 A
27.8
34.6
43.1
452
362
426
483
545
373
342
Motor vehicles and parts
New autos (70)
Net purchases of used autos (71) .
Other motor vehicles (72).
Tires, tubes, accessories, and other parts (73).
3
4
5
6
7
23.4
113
9.5
.5
1.6
175
7.7
8.0
.4
1.4
13.0
5.6
5.8
.3
1.4
8.6
32
4.1
2
1.1
10.1
4.4
4.4
2
1.0
12.3
55
5.3
.3
12
172
8.4
72
.4
1.3
221
10.6
95
5
1.4
22.8
10.7
10.1
.5
1.5
15.6
6.3
7.6
.4
1.3
19.9
8.8
9.0
5
1.6
23.7
115
93
5
13
26.2
127
10.4
.7
2.3
12.1
5
10.5
0
1.1
11.0
5
9.3
0
12
Furniture and household equipment
Furniture, including mattresses and bedsprings
8
9
19.0
7.0
15.5
5.6
15.0
5.4
1ZB
42
11.4
3.7
12.0
3.8
135
5.0
16.7
62
17.3
62
15.7
5.7
175
6.6
19.1
7.3
221
82
18.9
63
15.3
55
1.3
4.9
5
12
3.6
.6
1.1
3.8
.4
.7
3.9
3
.9
3.5
.3
1.2
3.5
.3
1.4
3.3
.3
1.7
33
.4
1.9
4.4
.5
1.6
4.0
.4
1.7
4.0
.6
20
4.3
.6
25
52
3
15
43
.7
5
4.0
.4
Durable goods —
(29).
Kitchen and other household appliances (30)
China, glassware, tableware, and utensils (31) ....
Video and audio products, computing equipment
and musical instruments (91).
Other durable house furnishings (32)
UB1W
Other.
Ophthalmic products and orthopedic appliances
Wheel goods, sports and photographic equipment
boats, and pleasure aircraft (90).
Jewelry and watches (18)
Books and maps (87)
Nondurable goods
10
11
12
13
5.4
4.6
4.4
3.6
2.9
32
3.4
45
4.4
4.1
4.6
4.8
55
5.0
4.9
14
15
5.6
.6
5.1
.6
4.4
5
3.2
.4
23
.4
3.4
.6
3.9
.6
4.4
.7
52
3
43
.7
52
.8
55
.9
6.3
1.1
63
12
7.9
1.4
16
.6
5
.5
.4
.3
.4
5
.6
.7
.7
3
3
1.0
.9
.9
17
18
1.8
2.6
1.7
2.3
1.1
2.3
.9
15
.6
15
.7
1.7
.9
1.9
1.0
2.1
12
2.4
1.3
22
1.4
22
15
2.3
1.7
25
1.9
28
2.4
3.3
19
2335
2292
2283
211.7
2053
215.7
2262
2524
2623
266.6
279.7
2933
3115
3173
327.6
Food.
Food purchased for off-premise consumption (3) „
Purchased meals and beverages (4)
Food furnished to employees (including military)
and food produced ana consumed on farms
(5+6).
20
21
22
23
137.8
99.8
28.9
9.1
135.8
97.1
29.6
9.1
1363
95.9
315
9.4
128.6
882
31.0
9.3
124.3
90.6
23.7
9.9
130.0
93.3
27.0
9.7
135.6
97.4
28.8
9.3
153.4
110.9
32.9
9.7
161.4
1142
37.3
93
165.6
118.0
37.7
9.9
171.0
119.3
41.4
102
179.4
1252
433
103
188.6
129.6
48.0
11.0
192.3
128.3
51.0
13.1
1973
123.6
572
17.1
Addenda: Food excluding alcoholic beverages(8) .
Alcoholic beverages purchased for offpremise consumption (9).
Other alcoholic beverages (10)
24
25
137.8
0
135.8
0
136.8
0
128.6
0
120.0
.7
119.4
6.4
1221
8.7
136.6
112
1429
11.6
148.1
105
1526
10.7
1605
10.9
168.0
11.9
1703
127
174.8
12.7
Clothing and shoes
Shoes (12)
Women's and children's clothing and accessories
except shoes (14).
Men's and boys' clothing and accessories except
shoes (15+16).
26
0
0
0
0
3.6
42
43
5.7
7.0
7.0
7.7
7.9
8.7
9.3
10.4
27
28
29
40.8
9.2
182
36.6
8.0
163
36.2
8.1
165
32.4
82
14.0
292
7.4
122
31.0
82
12.7
332
8.1
142
36.2
8.9
15.0
36.1
95
14.5
365
9.4
152
39.1
9.3
163
402
95
17.6
43.1
102
18.1
44.6
10.8
185
47.7
102
21.0
30
13.4
11.8
115
102
9.6
10.0
10.8
12.3
122
11.9
129
132
143
15.4
165
8.8
9.4
9.9
10.7
11.6
113
127
13.4
153
11.3
72
Gasoline and oil (75)...
31
9.1
92
95
8.8
Fuel oil and coal (40)..
32
16.6
162
14.7
14.1
14.8
15.3
15.9
17.2
17.0
153
17.1
18.4
19.0
195
193
Other .
Tobacco products (7) .
Toilet articles and preparations (21)
Semidurable house furnishings (33)
Cleaning and polishing preparations, and
miscellaneous household supplies and paper
products (34).
Drug preparations and sundries (45)
Nondurable toys and sport supplies (89)
Stationery and writing supplies (35)
Netforeignremittances (109 less 111)
Magaanes, newspapers, and sheet music (88)....
Flowers, seeds, and potted plants (93)
33
34
35
36
37
342
14.0
2.7
3.4
23
31.4
12.7
2.4
3.0
2.7
31.1
128
2.4
3.2
2.7
27.8
11.4
2.0
2.9
2.4
27.8
12.0
1.6
2.8
2.4
30.1
12.9
2.0
2.9
2.8
31.7
13.6
2.0
3.1
3.0
343
14.7
2.1
3.9
3.3
36.7
15.6
2.3
4.0
3.6
36.8
15.7
2.3
4.0
35
39.9
16.1
2.6
5.0
3.7
41.6
16.6
2.7
53
4.1
45.7
18.0
32
5.6
45
50.1
19.6
35
5.3
43
54.9
20.7
4.1
5.4
4.9
38
39
40
41
42
43
2.1
1.3
3
.3
5.6
1.1
2.0
1.1
3
.3
5.4
1.0
13
1.1
.7
.3
5.1
.9
1.7
.9
5
.4
4.6
.9
1.7
.8
.6
.4
4.7
.8
1.9
.9
.7
3
4.9
3
2.0
.9
.9
.4
5.0
.7
22
1.0
.9
.4
5.4
1.0
2.4
1.1
1.0
.4
5.6
3
2.4
1.1
1.0
.4
5.4
1.1
26
12
1.1
.4
53
1.4
2.7
12
12
.4
6.1
1.3
3.0
15
1.4
.4
6.6
1.6
35
1.4
1.4
2.4
7.1
12
4.1
1.4
1.7
33
7.7
1.1
44
267.9
252.6
2402
220.4
218,1
2175
2263
2383
246.6
239A
246.4
2533
263.1
273.1
2855
45
46
524
242
51.8
23.5
512
22.8
50.1
22.0
49.1
222
51.7
225
52.1
225
53.1
22.7
54.0
22.8
54.8
23.0
56.1
23.4
57.9
24.0
61.1
253
633
273
66.3
29.9
47
48
49
19.0
6.7
25
192
6.7
2.4
195
6.6
2.3
195
65
2.1
18.5
6.4
2.0
20.6
6.3
23
20.9
62
25
21.4
62
2.7
22.1
6.3
2.8
228
6.3
28
235
6.4
2.9
243
65
3.1
255
65
33
263
6.5
32
26.3
6.4
3.7
50
51
52
53
54
55
56
33.8
1.8
3.7
3.1
1.8
21.5
1.9
329
2.0
3.9
3.3
1.8
20.1
1.9
30.8
2.1
3.9
3.3
1.7
17.8
1.9
27.7
22
3.9
32
1.5
15.3
1.7
26.6
2.1
3.7
3.4
1.3
145
1.6
29.1
2.3
3.7
3.7
1.4
16.4
1.6
302
2.4
3.7
3.7
15
172
1.7
321
2.6
3.9
33
1.6
18.3
13
33.8
2.8
4.0
33
1.7
193
2.0
322
33
3.9
3.9
1.7
17.6
2.1
342
32
4.0
4.1
1.9
18.9
22
36.0
35
43
42
2.0
19.8
22
35.7
3.7
4.3
43
22
18.7
23
373
4.0
4.7
45
25
19.1
2.6
35.1
4.1
43
4.6
2.9
153
23
57
58
59
23.3
62
52
21.1
5.4
4.3
19.0
4.9
3.8
16.9
4.4
3.3
16.6
4.8
3.7
17.3
52
4.1
17.7
52
4.1
19.6
5.9
4.6
20.6
6.3
4.8
19.7
6.0
4.6
21.0
6.8
5.3
22.4
75
5.8
24.9
85
6.6
27.6
6.1
4.7
34.0
5.7
4.3
60
61
62
63
64
65
66
67
68
.9
14.3
122
2.0
2.9
22
3
o
.4
1.1
13.3
11.3
2.0
2.4
1.8
.3
0
.3
1.1
121
10.3
1.9
2.0
1.4
3
0
2
1.1
10.9
9.0
1.9
1.6
1.1
3
0
2
1.1
10.1
83
1.8
1.7
1.1
.3
0
2
1.1
10.3
8.7
1.6
1.9
1.3
.3
0
2
1.1
105
8.9
1.6
20
1.3
.4
0
2
1.3
11.1
9.6
1.5
2.6
1.7
5
0
2
1.5
112
9.7
15
3.1
2.0
.8
0
2
1.4
10.8
9.3
15
28
1.7
3
0
2
1.5
11.1
9.7
15
3.1
13
1.0
.1
2
1.7
11.7
10.0
1.7
32
13
1.1
.1
2
1.9
12.5
10.6
1.9
38
20
15
.1
2
1.4
162
135
2.6
5.4
23
2.3
.1
2
1.4
202
17.0
32
8.1
5.0
23
.1
.2
Services
Housing
Owner-occupied nonfarm dwellings—space rent
(24).
Tenant-occupied nonfarm dwellings-rent (25) ....
Rental value of farm dwellings (26)
Other (27)
' ..
Household operation
»' 3 7 )
Water and other sanitary services (
Telephone and telegraph (41)
Domestic service (42)
L
Other (43)....
Transportation
User-operated transportation
"
Repair, greasing, washing, parking, storage,
rental, and leasing (74).
Other user-operated transportation (76+77) ...
Purchased local transportation
Mass transit systems (79)
Taxicab (80)......
Purchased intercity
rcity transportation .
Airline (84)
Other (85)
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
.
Table 2.7.—Personal Consumption Expenditures by Type of Product in Constant Dollars—Continued
[Billions of 1987 dollars]
Une
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
1941
1942
1943
Services—Continued
Medical care
Physicians (47)
Dentists (48)
Other professional services (49)
Hospitals and nursing homes (50)
Health insurance (56)
.
Other
Personal care
—,——...
Cleaning, storage, and repair of clothing and
shoes (17).
Barbershops, beauty parlors, and health clubs
(22).
Other (19)
Personal business
Brokerage charges and investment counseling
(61).
Bank service charges, trust services, and safe
deposit box rental (62).
Services furnished without payment by financial
intermediaries except life insurance carriers
and private noninsured pension plans.
Expense of handling life insurance (64)
Legal services (65)
Funeral and buial expenses (66)
Other (67)
Recreation
Admissions to specified spectator amusements
(94).
Other (92+98+99+100+101)
„
Education and research
Higher education (103)
Nursery, elementary, and secondary schools
OtherO05)
ReSgious and welfare activities (106)
Netforeigntravel
Foreign travel by U.S. residents (108)
Less: Expenditures in the United States by
nonresidents (110).
See note at end of table.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
69
70
71
72
73
74
31.4
12.4
5.0
2.8
10.5
.7
312
11.7
4.7
2.6
11.6
.7
30.9
112
4.4
2.4
122
.7
29.4
105
4.0
2.1
122
.7
27.3
9.7
3.6
1.9
115
.6
27.9
10.4
3.7
1.9
112
.6
28.1
10.5
3.6
1.9
115
.6
29.7
115
3.9
2.0
11.6
.7
305
11.8
3.9
2.0
12.0
.7
302
11.1
3.8
1.9
126
3
31.7
11.7
42
2.0
13.0
3
32.6
11.9
4.4
2.0
135
.9
33.7
122
4.8
2.0
13.7
1.1
35.4
12.7
4.9
2.1
14.6
12
75
76
77
127.0
165
9.1
115.7
15.7
8.4
1083
13.8
72
96.3
11.7
5.7
98.4
105
52
91.6
11.6
5.7
98.6
128
63
104.4
142
7.1
107.7
15.0
7.6
1024
142
7.4
103.3
145
7.5
105.1
15.4
8.1
1073
16.7
92
108.9
175
9.8
78
6.0
6.0
55
5.0
45
5.0
5.6
6.1
6.4
5.9
6.0
6.1
62
63
6.4
79
80
81
1.4
74.7
31.4
1.3
63 3
203
1.1
58.0
14.7
.9
53.1
120
.8
59.0
18.8
3
50 5
9.5
3
55 5
11.6
1.0
57.7
12.7
1.0
583
11.7
1.0
54.6
82
1.0
55.1
7.1
1.1
542
6.0
12
542
4.9
1.3
52.1
3.8
15
52.4
5.6
35.8
12.1
4.9
2.0
15.4
1.4
m
195
11.6
82
1.7
1.4
1.3
1.0
1.1
1.3
1.3
1.4
1.4
1.3
1.3
13
1.4
1.5
1.7
83
172
16.7
16.5
14.9
13.0
12.6
13.8
143
15.8
15.4
15.9
15.9
16.7
16.6
14.6
84
85
86
87
88
89
83
8.6
5.7
13
16.3
95
9.4
8.4
5.5
1.1
162
9.4
9.9
9.1
5.4
1.1
153
9.4
10.9
82
5.3
3<
12.7
7.3
115
8.5
52
.9
122
72
11.3
9.1
5.5
1.3
132
73
12.4
95
55
1.4
13.9
8.3
120
9.4
5.8
1.5
15.3
9.1
12.0
9.7
5.7
2.4
162
95
12.1
9.7
5.4
2.6
15.3
92
12.4
10.1
5.4
2.8
153
9.4
123
102
5.6
2.9
172
102
12.0
10.5
5.5
32
18.0
10.7
103
10.6
5.4
3.2
19.9
12.6
10.8
10.3
5.7
3.7
21.4
14.3
90
91
92
93
6.9
7.5
2.9
2.4
6.8
73
32
25
6.4
8.1
35
2.8
5.4
7.0
32
2.1
5.0
6.4
3.1
13
5.3
65
3.1
2.0
5.6
6.7
33
20
6.1
72
3.4
2.3
6.7
7.9
3.5
29
6.1
8.2
3.5
32
6.4
82
3.6
32
7.0
8.4
33
32
7.3
8.7
3.7
32
7.3
9.3
3.8
3.3
7.1
9.8
4.0
3.3
94
95
96
97
98
22
10.1
13
2.9
1.1
21
10.7
20
3.0
1.0
13
10.9
13
26
3
1.6
10.1
13
2.4
.6
1.4
9.2
1.1
13
.7
1.4
8.7
1.1
1.8
.7
1.4
8.6
1.1
13
3
1.5
8.7
1.3
2.3
.9
1.6
8.4
15
26
1.1
1.5
8.9
1.1
22
1.1
1.5
9.1
.6
13
12
1.4
93
.1
.9
.9
1.7
9.9
.3
1.1
.8
22
10.4
-2
.7
.9
2.5
11.6
-.3
.3
1.1
NATIONAL INCOME AND PRODUCT ACCOUNTS, 1929-58
Table 2.7.-Personal Consumption Expenditures by Type of Product in Constant Dollars-Continued
[Billions of 1987 dollars]
Line
Personal consumption expenditures .
Dwatole goods
1944
1945
1946
1947
1948
1
671.2
7145
779.1
7935
8135
1949
1950
831.4
8745
1951
1952
894.7
9234
1953
9625
1954
1955
1956
1957
1958
9875
1,0475
1,078.7
1,104.4
1,1222
2
322
345
552
65.7
722
80.1
955
882
86.4
955
965
1145
1092
1085
1025
Motor vehicles and pans
New autos (70)
Net purchases of used autos (71) ,
Other motor vehicles (72).
Tires, tubes, accessories, and other parts (73)
3
4
5
6
7
10.1
2
8.7
0
1.3
105
82
0
15
185
7.7
55
1.1
35
26.9
135
8.5
1.4
35
31.9
155
11.7
15
3.3
41.0
21.6
152
1.1
3.1
51.4
28.7
17.6
1.3
3.8
455
23.0
17.6
1.4
3.3
432
195
19.1
1.1
35
50.1
26.9
19.1
1.0
3.1
515
25.9
21.9
1.0
25
645
36.4
23 2
15
35
56.6
285
225
15
35
572
29.8
21.9
1.4
4.1
51.4
222
23.6
12
4.4
Furniture and household equipment
Furniture, including mattresses and bedsprings
(29).
Kitchen and other household appliances (30)
China, glassware, tableware, and utensils (31) ....
Video and audio products, computing equipment,
and musical instruments (91).
Olher durable house furnishings (32)
8
9
13.6
4.9
15.0
5.1
255
7.4
28.0
8.0
29.4
8.3
285
85
325
9.3
312
85
312
95
325
10.1
325
10.4
365
120
37.6
124
36.4
11.8
35.8
11.7
.3
3.7
5
5
45
.3
23
4.4
7.4
1.1
45
75
1.1
42
72
1.2
5.4
7.5
1.7
4.9
7.3
1.6
4.9
7.0
15
5.1
7.0
2.1
5.3
7.0
2.3
6.1
75
25
6.7
7.0
26
6.8
6.4
24
67
6.1
2.4
13
4.4
4.6
6.7
72
75
7.7
85
8.6
8.1
75
75
8.4
85
9.0
8.9
Other
Ophthalmic products and orthopedic appliances
(46).
Wheel goods, sports and photographic equipment
boats, and pleasure aircraft (90).
Jewelry and watches (18)........
Books and maps (87)
14
15
85
1.4
95
15
115
1.7
105
1.6
T0.9
1.7
10.5
1.7
112
15
11.7
1.9
12.1
20
12.6
22
12.9
21
14.0
21
15.1
2.3
152
2.3
15.3
22
Food.
Food purchased for off-premise consumption ( 3 ) .
Purchased meals and beverages (4)
Food furnished to employees (including military)
andfoodproduced and consumed on farms
(5+6).
Addenda: F ^ e x d u ^ r i g ateoho«c^erags(8) .
premise c o r e S n p f i n ^ ^
Other alcoholic beverages (10)
10
11
12
2
7.1
1.1
16
5
1.1
2.1
25
22
2.0
2.1
2.0
22
2.4
27
32
3.6
3.8
4.0
17
18
22
2.6
4.4
32
4.8
25
4.0
3.0
4.0
2.8
4.0
3.0
45
3.0
45
3.3
4.6
3.3
4.7
3.6
45
4.0
4.7
4.1
5.1
4.2
4.9
45
45
19
3412
3775
391.7
3825
3845
3892
400.4
412.7
4295
443.7
449.4
4705
4865
4955
500.0
20
21
22
23
213.6
130.1
632
205
230.9
137.4
71.7
21.8
241.4
155.9
70.7
145
231.1
157.0
62.4
115
228.9
157.1
60.7
11.1
231.1
158.8
61.6
10.7
235.0
1622
622
10.5
2425
1635
665
11.7
251.0
168.9
70.1
12.0
2605
1762
73.0
11.7
2655
181.7
725
11.3
2772
1912
75.1
105
286.1
198.0
77.4
10.7
2922
203.8
78.1
105
2915
204.9
77.0
9.9
24
25
189.9
135
205.1
14.1
2135
15.1
203.3
15.4
2025
135
205.0
135
207.6
14.0
214.1
135
223.0
135
231.6
135
237.3
135
247.5
13.9
255.6
142
261.4
14.0
261.0
14.0
3.9
26
10.4
115
12.8
12.4
125
125
13.4
14.7
14.5
152
15.1
155
16.4
16.7
165
Clothing and shoes
Shoes (12)
Women s and children's clothing and accessories
except shoes (14).
Men's and boys' clothing and accessories except
shoes (15+16).
27
28
29
465
95
205
48.1
10.8
20.4
49.6
12.0
21.4
472
11.0
20.9
47.4
10.7
21.4
47.7
10.9
212
49.1
11.5
212
48.5
105
215
50.9
105
23.6
51.4
10.4
24 2
51.4
102
24.4
54.0
11.0
255
55.4
11.0
26.4
54.9
105
26.6
555
11.4
26.9
30
16.1
175
162
15.3
15.4
15.6
16.4
16.8
17.0
165
16.8
175
18.0
17.6
172
Gasoline and oil (75)
31
7.4
9.7
17.7
18.8
20.0
21.8
22.6
24.5
265
28.0
285
31.4
335
345
362
Fuel oil and coal (40)
32
19.7
21.0
22.6
23.8
235
21.1
22.7
22.6
22.0
212
21.6
23.0
23.0
225
23.7
Other.
Tobacco products (7)
Toilet articles and preparations (21)
Semidurable house furnishings (33)
Cleaning and polishing preparations, and
miscellaneous household supplies and paper
products (34).
J
Drug preparations and
sundries ((45)
cum gUiUiKfa
vvi
Nondurable toys and sport supplies ( 8 9 ) Z Z . . . * I
Stationery and writing supplies (35)
Netforeignremittances(109 (ess 111)
Magazines, newspapers, and sheet music (88) ...
Flowers, seeds, and potted plants (93)
33
34
35
36
37
59.4
205
45
5.4
45
67.6
21.0
45
55
45
60.4
23.8
4.6
6.4
5.3
61.4
4.3
5.4
6.7
63.8
25.4
45
5.7
65
67.5
255
4.5
6.6
7.4
71.1
25.9
5.0
7.4
82
74.7
265
45
72
8.1
78.6
275
5.4
7.4
82
822
275
55
75
9.0
81.5
26.5
6.0
7.1
92
84.8
26.8
6.6
75
10.0
88.1
27.6
72
7.7
10.6
91.0
2S.7
7.7
7.7
11.3
928
29.6
85
75
11.7
38
39
40
41
42
43
45
1.3
15
8.0
75
15
45
15
25
14.1
85
15
5.0
25
2.3
2
9.1
1.4
4.8
2.4
22
.3
9.6
1.3
5.0
2.6
2.1
1.0
9.7
1.1
52
25
22
25
9.6
1.3
5.7
3.3
22
2.4
9.7
1.4
65
3.7
22
35
10.0
15
6.6
3.8
2.3
5.6
102
1.4
6.8
3.8
26
75
105
1.6
65
3.7
2.7
75
10.4
1.7
7.3
4.0
2.8
7.7
105
• 1.6
8.1
42
25
7.7
10.4
15
85
4.4
29
7.6
102
15
9.1
4.4
3.1
7.7
10.0
1.7
44
292.7
3024
3322
3452
3565
3622
3785
3935
4075
4235
4412
461.7
4835
5002
519.7
45
46
685
32.4
70.4
34.6
765
385
83.3
435
87.6
465
93.0
50.5
99.3
55.1
106.6
602
1135
655
119.6
69.7
125.4
74.3
131.7
79.5
1382
84.7
1452
89.6
151.9
94.7
47
48
49
265
65
4.0
25.3
62
4.4
26.4
62
45
27.6
65
5.9
285
6.7
55
30.4
7.0
5.1
31.9
72
5.1
33.7
7.4
55
35.1
7.7
55
36.5
75
5.6
37.4
8.0
55
38.1
82
6.0
39.0
82
6.3
40.6
8.3
6.7
422
8.4
6.6
50
51
52
53
54
55
56
35.6
4.4
5.1
45
3.1
15.1
35
36.6
4.7
55
4.7
35
145
35
40.0
5.4
55
5.0
3.6
135
65
425
6.1
6.8
5.1
35
14.7
62
445
65
7.3
55
4.1
145
6.4
45.8
7.6
75
5.5
4.4
14.4
6.3
49.8
8.7
8.5
5.7
4.6
15.7
6.6
52.7
9.6
9.7
55
5.0
15.5
6.9
53.7
10.6
10.4
6.0
5.4
142
7.1
555
115
11.0
6.1
5.7
14.0
75
57.8
125
122
62
6.1
132
7.6
635
13.5
132
62
6.7
15.6
8.0
675
14.7
14.5
65
75
16.3
85
69.8
15.7
15.1
6.4
7.8
16.0
8.7
72.1
16.6
16.0
62
8.0
16.4
8.9
57
58
59
365
65
55
39.0
9.0
75
445
15.1
12.6
44.3
16.4
13.4
44.0
17.4
142
41.6
18.3
15.0
40.6
195
155
41.7
215
16.5
415
215
17.1
42.7
23.4
18.4
41.6
23.8
185
426
255
19.7
44.4
275
20.6
45.0
282
215
43.9
28.3
22.0
60
61
62
63
64
65
66
67
68
15
21.7
175
35
85
55
3.0
1
1.7
21.6
18.1
3.5
8.4
4.9
3.0
2.5
225
175
4.4
7.6
4.0
3.1
.4
2
3.0
21.1
17.1
4.0
65
3.4
25
.4
2
32
20.1
162
3.9
6.4
3.1
2.7
.4
2
3.4
17.6
14.4
3.1
5.7
25
2.6
.4
2
4.0
15.9
125
3.0
52
2.1
25
5
2
4.8
14.7
11.6
3.0
5.8
25
2.6
.7
2
4.7
14.0
10.9
3.1
6.0
2.4
2,6
5
2
5.0
13.4
10.3
3.1
6.0
23
25
1.0
2
5.5
121
92
2.9
5.7
21
25
1.1
2
5.6
115
8.6
25
55
20
22
15
2
6.7
112
8.3
3.0
5.9
20
22
15
2
6.7
10.9
75
3.0
5.9
1.8
21
1.7
2
6.4
10.1
7.3
2.9
5.4
1.6
15
1.7
2
Services
„.
Housing
O^o<xupied n o S ' S i i r i ^
Tenant-occupied nonfarm dwellings-rent (25)
n^^wettin8S(26,
K(2^1^
Hcwehoid operation
g t t g r m
Water and other sanitary services (39)
JJephone and telegraph (41) . . J U L
Domestic service
Other 43).
'
Transportation
User-operaied transportation
ZZZZZ!
^ s s transit systems (79) . . . . Z 1 Z Z Z Z
..ZZ
Bus (83)
M
-
—
=
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
'
2
2
2
24.7
Table 2.7.—Personal Consumption Expenditures by Type of Product in Constant Dollars—Continued
[Billions of 1987 dollars]
Une
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
Services-Continued
Medical care
..
Physicians <47)
Dentists (48)
Other professional services (49)
Hospitals and nursing homes (50)
Health insurance (56)
.....
....
......
Other
.....
Personal care
Cleaning, storage, and repair of clothing and
.Knae
(171
snoes 11
/).
Barbershops, beauty parlors, and health dubs
(22).
Other (19)
Personal business
Brokerage charges and investment counseling
69
70
71
72
73
74
382
135
4.8
22
15.8
1.6
39.0
13.9
5.0
2.4
16.0
1.7
45.1
17.5
5.9
2.9
17.1
15
48.8
19.5
5.6
32
172
3.4
53.3
21.6
62
3.5
18.3
35
55.1
21.7
6.0
35
19.5
4.4
58.1
2Z5
6.2
3.6
205
5.0
61.0
23.5
6.3
3.7
212
6.3
642
24.3
6.8
3.7
22.8
6.6
675
252
72
35
24.1
7.1
71.8
272
7.9
4.0
25.6
7.0
742
27.0
8.3
4.0
27.4
7.6
78.9
28.4
8.7
42
29.4
82
83.3
29.8
92
4.5
31.2
8.7
89.3
322
9.5
4.9
34.3
8.4
75
76
77
113.3
195
115
117.3
21.1
125
1255
23.1
152
126.0
23.0
15.3
127.5
225
15.3
126.7
225
14.8
131.1
2Z4
14.7
131.9
222
14.5
134.8
23.0
14.8
138.1
235
15.1
144.5
24.9
152
149.9
25.3
15.3
154.3
26.1
15.2
156.9
26.4
15.0
162.5
26.3
14.6
78
6.5
6.6
6.6
6.5
6.4
6.4
6.6
6.7
7.0
7.5
8.4
8.7
9.4
9.9
10.1
79
80
81
1.4
50.6
5.5
1.6
52.3
7.3
15
55.0
6.7
12
56.5
5.5
1.1
57.8
5.5
1.1
57.3
4.8
1.1
612
7.3
1.1
62.1
6.3
12
61.4
52
12
63.0
4.9
1.3
66.7
6.3
1.3
69.1
6.2
1.4
69.4
5.3
15
71.5
5.1
1.6
75.4
5.8
(61 J.
82
15
Z0
2.0
1.9
2.0
2.0
2.4
Z5
Z7
25
3.0
32
32
3.3
3.3
83
14.0
145
18.1
19.4
19.7
19,4
19.9
20.3
20.9
22.1
232
24.2
24.5
24.5
26.1
84
85
86
87
88
89
105
9.7
55
35
20.9
132
10.1
9.4
55
3.4
22.0
13.7
10.1
10.3
4.3
35
25 2
15.7
11.7
10.1
4.6
35
23.7
14.4
11.8
10.9
4.7
32
22.8
13.6
11.8
11.3
4.9
32
2Z1
13.0
12.3
112
4.9
32
21.9
1Z4
125
11.7
5.3
3.4
21.8
1Z0
1Z4
115
5.5
3.3
21.9
11.7
12.7
11.4
5.7
3.4
21.8
11.1
13.0
12.0
5.8
3.5
2Z0
11.1
14.0
12.1
5.9
3.6
23.0
11.4
15.4
11.4
6.0
3.7
24.0
11.7
16.1
12.1
6.4
4.0
22.5
9.6
16.4
13.0
6.7
4.1
22.0
8.5
Other (92+98+99+100+101)
Education and research „...
Higher education (103)
—
Ni*ser^, elementary, and secondary schools
90
91
92
93
7.7
9.4
4.1
3.3
8.3
92
3.9
35
95
95
4.3
3.1
92
10.6
5.3
3.4
9.1
112
5.7
35
92
11.9
6.1
3.7
9.5
125
62
3.8
9.8
12.7
6.2
4.1
102
13.3
6.4
4.4
10.7
14.0
6.7
4.6
10.9
145
6.9
45
11.6
15.6
7.4
5.1
12.3
165
7.9
5.4
12.9
17.8
8.7
5.8
135
18.8
9.5
6.0
Other (105) ......
Religious and welfare activities (106)
Netforeign travel
Foreign travel by U.S. residents (108)
Less: Expenditures in the United States by
nonresidents (110).
94
95
96
97
98
2.0
13.0
1.8
132
-.4
1.1
15
ZO
135
-.4
1.8
22
1.9
1Z0
2
2.4
22
ZO
122
.8
25
Z0
2.1
12.1
.9
3.2
22
Z3
122
1.1
35
Z4
Z4
122
1.0
35
2.6
Z6
13.9
15
4.1
2.8
2.7
14.4
12
4.3
3.1
2.8
15.1
12
4.5
32
3.1
15.3
1.6
52
3.6
3.2
16.6
1.7
5.6
3.9
3.3
16.8
1.9
6.0
4.1
3.4
17.6
2.3
6.5
42
Bank service diarges, trust services, and safe
deposit box rental (62).
Services furnished without payment by financial
intermediaries except life insurance carriers
and private noninsured pension plans.
Expense of handling life insurance (64)
Legal services (65)
Funeral and burial expenses (66)
Other (67)
Recreation
Admissions to specified spectator amusements
(94).
-
-.4
.9
1.3
NOTE.—The figures in parentheses are the line numbers of the corresponding items in table 2.4.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
3. Government Receipts and Expenditures
Table 3.1 .—Government Receipts and Expenditures
[Billions of dollars]
Line
Receipts .
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
1941
1942
1
113
10.5
92
85
9.1
103
112
123
152
14.9
152
175
243
325
2
3
4
5
2.3
1.4
7.1
3
2.1
3
.3
1.5
.5
6.9
.3
1.1
.4
6.8
.3
12
5
7.1
.3
1.3
.7
75
.3
1.6
1.0
82
.4
2.0
1.4
8.7
.7
27
1.5
92
1.9
2.6
1.0
92
2.0
22
1.4
9.4
22
23
23
10.1
2.4
3.0
7.6
11.4
2.8
5.7
11.4
11.9
3.5
6
10j0
10.8
12.1
10.4
10.4
125
132
163
143
163
17.6
18.1
28.7
63.7
Purchases
Compensation of employees..
Other
7
8
9
8.6
4.4
42
92
92
4.6
4.7
4.7
45
8.1
4.5
3.6
7.9
4.7
32
9.7
5.6
4.0
10.0
6.0
4.0
12.1
7.3
4.7
11.7
6.9
4.8
12.7
7.7
5.0
135
7.6
5.9
13.8
7.8
6.0
24.8
9.5
15.4
595
152
44.4
Transfer payments (net) ,
To persons ..
To rest of the world (net).
10
11
12
1.0
.9
0
1.0
1.0
0
2.1
2.1
0
15
1.4
0
15
15
0
1.6
1.6
0
13
13
0
3.0
2.9
0
1.9
1.9
.1
2.4
2.4
0
26
25
0
2.7
2.7
0
2.6
2.6
0
2.7
2.7
.1
Net interest paid
Interest paid .
To persons and business ....
To rest of the world (net) .
Less: Interest received by government1
13
14
15
16
17
.7
.7
.9
.9
1.0
1.1
1.0
1.0
1.1
1.1
1.1
12
12
1.4
0
0
0
o"
0
o"
0
0
0
0
0
Personaf tax and nontax receipts .
Corporate profits tax accruals .
Indirect business tax and nontax accruals .
Contributions for social insurance
Expenditures .
1
72
0
0
o"
0
0
-2
-.1
-.1
-.1
0
Less: Oividends received by government
18
Subsidies less current surplus of government
enterprises.
Subsidies..
Less: Current surplus of government enterprises .
19
20
21
Less: Wage accruals less disbursements
22
0
0
0
0
0
0
0
0
23
15
-.3
-2.9
-13
-13
-22
-20
-32
24
25
2
2
2
2
.8
-.5
-3.0
-1.9
.1
-1.4
.1
-2.4
2
-2.2
.4
-3.6
Surplus or deficit (-), national income and
product accounts.
Social insurance funds
Other
Une
Receipts ....
Persona) tax and nontax receipts
Corporate profits tax accruals
Indirect business tax and nontax accruals
Contributions for social insurance
Expenditures
2
.3
2
.4
.5
.1
0
"""
1944
1945
1946
1947
1948
1949
1950
0
1951
5
1.6
-1.1
1952
0
0
0
0
-15
-2.4
-5
-33
-312
12
-27
13
-3.7
1.3
-1.8
2.0
-53
2.6
-33.9
1953
1954
0
1955
1957
1956
1958
1
51.1
532
52.4
57.7
593
563
683
85.1
903
945
89.8
1003
1094
1153
1145
2
3
4
5
18.6
12.9
14.2
52
20.6
10.7
15.6
6.3
18.4
9.1
172
7.7
21.1
11.3
18.6
6.7
20.6
12.4
20.3
6.0
18.0
102
21.5
6.6
20.1
17.9
23.5
7.4
28.4
22.6
25.3
8.8
335
19.4
273
9.3
34.9
20.3
293
9.6
318
17.6
29.7
10.6
34.6
22.0
32.3
1Z0
38.7
22.0
35.1
13.5
41.3
21.4
37.6
155
40.9
19.0
38.7
15.9
6
1023
93.1
472
433
493
595
613
79.6
935
1002
97.0
98.0
1043
1143
125.4
Purchases
Compensation of employees
Other
7
8
9
96.9
32.3
64.6
83.3
35.3
47.9
29.2
22.4
6.8
262
17.6
85
31.4
18.1
13.3
38.5
20.1
18.4
39.5
212
182
602
27.7
325
74.9
315
43.4
81.0
32.4
48.6
76.0
33.0
43.0
75.8
343
41.0
79.8
372
42.6
87.4
393
47.6
93.5
423
50.6
Transfer payments (net)
To persons
To rest of the world (net)
10
11
12
3.0
3.1
-.1
6.0
5.6
.4
13.1
10.8
23
13.1
112
2.0
145
10.6
3.9
16.9
11.7
5.1
18.0
14.4
3.6
14.8
11.6
3.1
14.3
122
2.1
15.1
13.1
2.0
17.1
15.3
13
18.5
16.4
2.1
19.4
175
1.9
222
20.3
1.8
26.5
24.7
1.8
Net interest paid
Interest paid
To persons and business
To rest of the world (net)
Less: Interest received by government1
13
14
15
16
17
2.4
32
4.1
42
42
43
4.4
4.5
45
4.6
4.7
4.7
52
5.6
5.4
.1
.1
.1
2
.2
.1
-.6
-.8
-1.0
-5
-2
0
0
1
Less: Dividends received by government
. . .
20
21
Less: Wage accruals less tfsbursements
22
Social insurance funds
Other
0
19
.6
0
0
0
-2
-2
0
0
.7
.8
-2
.1
2
-2
0
0
0
0
0
0
0
-.1
0
0
0
23
-51.7
-393
52
144
94
-32
73
55
-35
-5.7
-72
23
54
3
-103
24
25
4.6
-56.3
4.9
-44.9
3.9
13
3.9
10.4
3.4
6.0
2.7
-5.9
1.1
5.9
4.1
15
4.3
-7.8
3.6
-9.3
28
-10.0
34
-5
3.9
1.5
3.6
-2.8
.1
-10.9
0
1. Prior to 1968, dividends received is included in interest received (line 17).
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
0
18
Subsidies less current surplus of government
enterprises.
Subsidies
Less: Current surplus of government enterprises
Surplus or deficit (-), national income and
product accounts.
....
0
0
Table 3.2.-Federal Government Receipts and Expenditures: Annual, 1929-58, and Quarterly, 1946-58
[Billions of dollars; quarters seasonally adjusted at annual rates]
Line
1929
1934
1933
1932
1931
1930
1938
1937
1936
1935
1940
1939
1941
1942
1943
7.1
6.6
63
83
15.5
23.1
394
1
3.8
3.1
21
1.8
2.7
3.6
4.0
5.1
2
3
4
5
13
12
.1
0
1.1
1.0
.1
0
.6
5
.1
0
.3
0
0
.5
.4
.1
0
.6
.4
.1
0
3
.6
2
0
1.1
.7
.4
0
1.7
1.3
.4
0
1.6
12
.4
0
1.2
.9
.4
0
1.4
1.0
.3
0
2.0
1.6
.4
0
4.7
4.0
.5
0
16.5
15.9
.5
.1
Corporate profits tax accruals
Federal Reserve banks
Other
6
7
8
12
0
12
.7
0
.7
.4
0
.4
.3
0
.3
5
0
.5
.6
0
.6
.8
0
.8
1.3
0
1.3
1.3
0
1.3
.9
0
.9
1.3
0
1.3
2.6
0
2.6
7.3
0
7.3
11.1
0
11.1
13.6
0
13.6
Indirect business tax and nontax accruals2
Excise taxes
Customs duties
Nontaxes
9
10
11
12
12
.6
.6
.1
1.0
.5
.5
.1
.9
5
.4
0
.9
.6
2
0
1.6
1.2
.3
0
2.2
1.8
.3
0
22
1.7
.4
.1
23
1.7
.4
.1
2.4
1.8
.5
.1
2.3
1.7
.3
.1
2.4
1.8
.3
.1
2.7
2.1
.3
.1
3.6
2.8
.4
.1
4.1
3.4
.3
.1
5.0
4,1
.4
.2
Contributions for social insurance
13
Receipts
Personal tax and nontax receipts1
Income taxes
Estate and gift taxes
Nontaxes
-
2
2
2
2
2
2
2
.4
1.6
1.8
1.9
21
2.6
3.2
4.2
14
2.7
28
42
32
33
63
6.6
83
1A
8.4
93
93
20.6
56.0
86.1
15
16
17
1.5
1.6
1.7
1.6
2.1
3.0
3.0
52
4.7
5.2
5.5
1.3
4.2
6.0
2.3
3.7
17.1
13.8
3.3
52.0
49.4
2.5
81.7
79.8
1.9
18
19
20
.7
.7
0
3
.7
0
1.8
1.7
0
1.0
.9
0
.7
.7
0
.6
.6
0
.7
.6
0
2.1
2.1
0
.9
.8
.1
12
1.2
0
1.3
1.3
0
1.5
1.4
0
1.4
1.4
0
1.5
1.4
.1
1.2
12
-.1
Grants-in-aid to State and local governments
21
.1
.1
.3
.1
1.6
1.7
.7
.8
.8
1.0
.9
.8
.9
.9
Net interest paid
Interest paid
..
To persons aid business
To rest of the world (net)
Less: Interest received by government ........
22
23
24
25
26
3
2
.3
.4
.5
5
.4
.6
.6
.6
.7
.8
1.0
1.6
o"
o •
0
0
Expenditures
Purchases
National defense
Nondefense ..................
.........
Transfer payments (net)
To persons ».„..
To rest of the world (net)'"!.
,
„„
„„
..JZ...
.
.4
.. ....
r
.. .....
Subsidies less current surplus of government
enterprises.
Subsidies
Less: Current surplus of government enterprises
28
29
Less: Wage accruals less tfsbusements
30
0
0
0
0
0
0
0
31
12
3
-21
-15
-12
-2.7
-25
-3.7
32
33
.1
1.1
.1
2
.1
-22
.1
-1.5
.1
-1.3
0
-2.7
.1
-26
.3
-4.0
Surplus or deficit H national income and
product accounts.
Social insurance funds
Other
27
r
Line
Rtftfol
.1
1944
.1
0
1945
.1
2
1946
1947
5
2
1948
1949
.7
1950
T
.9
.9
.6
0
0
0
0
0
0
0
-3
-13
-2.4
-1.1
-5.1
-333
-46.8
1.5
-1.7
1.1
-29
1.1
-3.6
1.2
-2.3
1.8
-6.9
25
-35.4
3.7
-50.5
.4
1952
1954
1953
1957
1956
1955
1
412
423
403
443
443
395
50 5
64.7
673
705
64.3
732
78.6
82.6
Personal tax and nontax receipts' .
Income taxes .
Estate and gilt taxes .
Nontax es
2
3
4
5
175
163
.6
.1
19.4
185
.7
.1
172
16.3
.7
.1
19.6
18.8
.8
0
19.0
18.1
.9
0
16.1
15.4
.7
0
18.1
17.4
.6
0
26.1
25.4
.7
0
31.0
X.I
.8
.1
322
31.3
3
.1
29.0
28.0
.9
.1
31.4
30.4
1.0
.1
35.2
33.8
1.3
.1
37.4
35.9
1.4
0
Corporate profits tax a n e k .
Federal Reserve banks.
Other
6
7
8
12.5
0
125
102
0
102
8.6
0
8.6
10.7
.1
105
11.8
2
11.6
9.6
2
9.4
172
2
17.0
21.7
.3
21.4
18.6
.3
18.3
195
.3
19.1
16.9
.3
16.6
21.1
.3
203
20.9
.4
20.5
20.4
.5
19.9
Indirect business tax and nontax accruals2 .
Excise taxes
Customs duties
Nontaxes
—.
........
9
10
11
12
63
52
.4
.3
72
62
.4
3
7.9
72
5
2
73
72
.4
.3
8.1
7.4
.4
3
82
75
.4
.3
83
82
5
2
9.4
8.6
.6
2
10.4
9.6
.6
2
11.0
102
.6
2
93
9.0
5
2
10.7
9.8
.7
.3
11.3
10.3
.7
.3
11.9
10.8
.B
.3
Contitiutions for social Insurance .
13
43
5.9
7.1
6.1
52
5.6
6.3
75
73
73
8.7
9.9
112
12.9
14
953
853
375
303
343
423
423
58.7
712
76.4
704
69.0
723
80.4
Purchases .
National defense
Nondefense
15
16
17
895
875
20
75.4
73.7
1.7
19.6
16.4
32
133
10.0
3.8
165
113
52
21.0
133
72
202
143
5.8
39.0
33.8
5.1
52.4
462
62
563
49.0
7.8
49.0
41.6
7.4
462
39.0
72
475
40.7
6.8
51.6
44.6
7.0
Transfer payments (net) .
Toe
To rest of the world (net).
18
19
20
13
13
-.1
4.7
43
.4
11.4
9.1
23
10.8
8.8
2.0
115
7.6
3.9
133
8.7
5.1
14.4
10.8
3.6
11.7
85
3.1
10.9
83
2.1
115
95
2.0
13.3
115
1.8
14.5
12.4
2.1
15.3
13.4
1.9
17.6
15.7
1.8
Expenditures
,,,,
GrantSHn-aid to State and local governments „
21
.9
3
1.1
1.7
2.0
22
23
25
26
28
2.9
3.1
3.3
42
Net interest paid
Interest paid .
To persons and business .
To rest of the world (net)
less: Interest received by government
22
23
24
25
26
2.1
2.9
33
4.1
4.1
4.3
4.4
4.5
45
4.6
4.6
4.6
5.1
5.5
2
2
Subsides less current surplus of government
enterprises.
Subsdtes *
Less: Cunent surplus of government enterprises .
12
1.5
28
29
Less: Wage accruals less tfsbursements
30
Surplus or defidt H national income and
product accounts.
Social insurance funds .
Other
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
27
.„.„„,
0
0
1.3
1.4
0™
1.6
..............
.
0
.6
.6
0
.1
*.T
1.0
12
.9
.6
0
.6
....
.1
.5
.6
...........
0
0
0
31
-54.4
-425
33
32
33
4.3
-58.7
4.7
-472
3.5
-2
0
134
3.5
9.8
.8
.6
.7
.4
1951
0
0
0
0
0
0
0
0
-.1
0
0
0
0
92
-25
82
63
-3.4
-53
-6.1
42
6.3
22
23
6.4
21
-4.6
.4
73
32
28
3.3
-6.7
2.5
-8.4
1.5
-7.6
2.0
2.1
2.4
3.9
2.0
2
Table 3.2.—Federal Government Receipts and Expenditures: Annual, 1929-58, and Quarterly, 1946-58-Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]
1946
1947
1948
Une
1
Receipts
1949
1950
111
IV
1
II
III
IV
1
II
III
IV
1
It
III
IV
1
II
........ 1
365
405
43.0
434
445
43.9
43.1
45.3
45.6
442
432
43.0
41.6
395
39.1
374
43.0
472
Personal tax and nontax receipts1
Income taxes
Estate and gift taxes
Nontaxes
2
3
4
5
16.0
15.1
.7
.1
17.3
16.3
.8
.1
17.8
17.0
.7
.1
17.7
16.9
.7
0
19.1
182
.9
0
19.3
18.5
.7
0
19.6
18.7
.9
0
20.6
19.8
5
0
21.0
20.1
.9
0
18.9
17.8
1.0
0
18.0
17.1
4
0
18.1
17.3
.8
0
172
16.5
.7
0
16.4
15.6
.7
0
15.7
14.9
.8
0
152
14.4
.7
0
155
15.1
.6
0
16.8
16.1
.7
0
Corporate profits tax accruals
Federal Reserve banks
Other
6
7
8
5.8
0
5.8
7.6
0
7.6
10.0
0
10.0
112
0
11.2
10.9
.1
10.9
10.4
.1
10.3
102
.1
10.1
11.1
.1
11.0
115
.1
11.4
12.1
.1
12.0
11.9
2
11.7
11.5
2
115
10.4
2
10.2
9.1
2
8.9
9.5
2
9.3
9.3
2
9.2
13.0
.2
12.9
15.6
2
15.4
Indirect business tax and nontax accruals2
Excise taxes ....
*
Customs duties
Nontaxes
9
10
11
12
7.6
7.9
8.1
8.1
8.1
75
7.7
82
75
8.2
82
82
8.1
82
8.3
8.0
8.0
8.7
Contributions for social insurance
13
7.1
7.6
72
65
6.8
6.4
5.6
5.3
5.3
5.1
52
5.1
5.9
5.8
5.5
5.3
6.1
6.1
Expenditures
14
445
375
342
335
302
305
332
294
31.7
332
362
38.0
405
425
43.1
415
48.1
415
Purchases
National defense
Nondefense
15
16
17
24.4
21.9
2.6
19.1
16.4
2.7
17.4
13.8
3.7
17.3
135
3.8
14.0
10.7
3.4
14.3
95
4.5
13.6
9.5
4.1
13.1
9.9
3.2
14.3
10.6
3.7
16.1
10.9
5.1
17.0
11.2
55
187
125
62
20.4
13.6
6.8
21.7
142
7.5
21.3
14.2
7.0
20.7
13.4
7.3
19.6
128
68
19.9
12.9
7.1
Transfer payments (net)
To pereons
To rest of the world (net)
18
19
20
13.0
102
2.7
11.8
9.4
2.4
10.7
8.8
2.0
10.0
8.1
1.9
9.9
8.1
1.7
9.6
7.7
1.9
13.3
11.1
2.1
10.4
8.3
2.1
10.9
7.9
3.0
10.7
7.7
3.0
12.3
7.5
4.9
12.1
75
4.6
13.3
82
5.1
14.1
8.7
5.4
14.4
9.1
5.3
135
9.1
4.7
21,1
17.1
3.9
13.9
10.1
35
Grants-in-aid to State and local governments
21
1.0
.9
12
1.4
1.6
1.8
15
15
1.8
1.9
2.1
22
2.1
2.0
2.5
2.3
2.4
2.4
Net interest paid ...
Interest paid
To pereons and business
To rest of the world (net)
Less: Interest received by government
22
23
24
25
26
3.7
3.9
4.0
4.0
4.0
4.1
4.1
4.1
4.1
4.1
4.1
42
42
4.3
4.3
4.3
4.3
4.3
o"
o"
.1.1"
0
o"
o"
if
o"
0
o"
*o"
"o"
0
0~
r
r
if"
if"
.5
.4
1.0
Subsidies less current surplus of government
enterprises.
Subsides
Less: Current surplus of government enterprises
Less: Wage atxruals less tfisbursements
Surplus or deficit H national income and
product accounts.
Social insurance funds
Other
27
.9
.7
2.5
2.0
30
.1
-.1
0
0
0
0
0
0
0
0
31
-7.9
25
85
95
14.7
13.4
95
15.4
134
11.1
.8
.6
.4
.5
.7
0™
.9
.7
.5
.7
.6
.8
0
0
0
0
5
-3.1
-45
-3.9
-5.1
IV
1
II
28
29
0
0
7.0
44
0
0
5.7
32
33
1954
1953
1952
1951
1950
Une
111
Receipts
„„
IV
1
11
III
IV
I
II
Ill
IV
I
11
Ill
III
IV
635
625
66.6
66.7
66.8
675
705
722
714
715
66.1
63.4
635
64.1
662
1
535
58.1
665
2
3
4
5
18.1
17.4
.7
0
21.6
21.0
.6
0
23.5
225
.7
0
25.4
24.7
.7
0
26.8
26.1
.7
0
28.8
27.9
5
0
29.9
29.0
.8
0
30.9
29.9
.9
0
31.3
30.4
.9
.1
32.0
312
.8
.1
32.5
315
1.0
.1
32.4
31.5
.8
.1
32.1
312
.9
.1
32.0
30.9
1.0
.1
29.'
28.1
.9
.1
28.8
27.9
.9
.1
28.8
27.9
.9
.1
29.3
28.3
.9
.1
Corporate profits tax accruals
Federal Reserve banks
Other
6
7
8
19.1
.2
18.9
20.9
2
20.7
25.3
.2
25.0
21.4
.3
21.1
19.4
5
19.1
20.7
.3
20.4
19.0
5
18.7
17.9
5
17.6
17.8
.3
175
19.7
5
19.3
20.8
5
20.4
20.9
.3
205
20.4
.4
20.0
15.9
.3
15.6
15,7
.3
15.4
162
.3
15.9
17.1
.3
16.9
18.4
2
182
Wtoct business tax and nontax accruals
Excise taxes
Customs duties
Nontaxes
9
10
11
12
10.0
9.0
10.1
9.0
9.1
95
10.0
10.4
10.4
10.7
11.0
112
11.0
10.6
10.0
9.9
9.5
9.7
Personal tax and nontax receipts
Income taxes
Estate and gift taxes
Nontaxes
-
Contitxitions for social insurance
Expenditures
Purchases
National defense
Nondefense
Transfer payments (net)
To persons
.,..1
„
Z
I Z T T T Z .
To rest of the world (net)
Gf
a«SHrKBd to State and local governments
totjnterest paid
merest paid
To persons and business
To rest of the world (net)
Uss:
Interest received by government
current surplus of government
sHfeT.
Less:
Cunent surplus oi government enterprises
Wage accruals less disbursements
S>»P|g or deficit B national income and
Product accounts.
S k a insurance funds
Other
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
............ ............
............ ............
............
13
6.3
65
7.4
75
7.4
7.5
75
7.7
7.7
7.9
7.9
8.0
7.8
7.6
8.7
8.6
8.7
8.8
14
37.6
415
485
55.7
62.1
685
665
705
734
742
755
78.4
764
755
73.1
705
68.9
69.1
15
16
17
192
14.4
4.8
22.0
17.3
4.7
292
24.3
5.0
35.8
30.6
52
43.1
38.0
5.1
47.7
42.4
5.3
48.9
42.7
62
51.8
45.9
55
535
47.3
65
552
48.9
6.4
565
49.5
7.1
585
49.9
8.7
56.3
48.7
7.6
55.7
47.9
7.8
525
44.8
8.0
49.5
42.4
7.1
47.0
40.3
6.7
46.7
38.9
75
18
19
20
10.9
7.7
3.1
11.6
8.1
35
112
82
3.0
11,7
8.6
3.1
11.9
8.8
32
11.9
8.7
32
10.1
8.3
15
10.7
8.3
2.4
11.8
92
2.6
105
9.3
1.7
11.4
9.3
2.1
11.4
92
2.1
115
9.4
1.9
12.0
10.1
1.9
12.5
10.8
1.7
12.9
11.4
1.5
13.7
11.8
2.0
14.4
123
2.1
21
25
2.3
2.5
2.5
2.4
2.6
25
25
Z8
25
2.3
3.4
25
2.9
2.9
25
3.0
2.9
22
23
24
25
26
4.4
4.4
4.4
4.4
4.4
45
4.5
4.4
45
4.5
45
45
4.6
4.6
4.6
4.7
4.7
4.6
. .....
„...
.....
J
J
.1
'.T
A
T
,'i'
27
.9
12
5
.3
.8
5
.4
.....
............
..... ............
.....
0
15
1.3
1.0
12
.9
.9
.9
............
.1
.7
. ....
5
5
.8
28
29
30
31
32
33
0
155
0
0
165
17.6
0
.7
-.6
0
0
0
0
0
-.1
-.1
-.1
0
0
0
0
7.7
.6
-14
-2
-35
-6.1
-35
-3.4
-6.0
-4.7
-95
-9.7
-75
-4.7
-25
""""""
............
Table 3.2.—Federal Government Receipts and Expenditures: Annual, 1929-58, and Quarterly, 1946-58-Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]
1
II
IV
III
1958
1957
1956
1955
Line
I
II
III
IV
1
II
III
IV
I
II
III
1
703
72.1
74 2
76.1
76.6
78.3
783
812
835
832
833
803
763
76.8
803
Personal tax and nontax receipts .
Income taxes
Estate and gift taxes
Nontaxes
2
3
4
5
30.0
29.0
1.0
.1
30.9
30.0
3
0
31.9
30.9
.9
.1
32.9
317
1.1
.1
33.8
326
1.1
.1
35.0
33.5
1.4
.1
35.5
34.1
1.3
.1
36.4
35.1
1.3
0
37.0
35.7
1.3
0
37.6
36.0
1.6
0
37.8
36.2
1.5
0
372
35.8
1.3
0
365
35.1
1.4
0
36.0
34.6
1.3
0
37.1
35.8
1.3
0
Corporate profits tax accruals .
Federal Reserve banks
Other
6
7
8
20.4
.2
202
20.7
.2
20.4
212
.3
20.9
22.0
.3
21.7
21.0
.4
20.6
21.4
.4
21.0
20.1
.4
19.7
212
.4
20.8
21.7
.5
21.3
20.8
.5
20.3
20.4
.6
19.8
18.6
.6
18.0
16.0
.6
15.4
16.3
.6
15.8
18.4
.5
17.9
Indirect business tax and nontax accruals .
Excise taxes
Customs duties
Nontaxes
9
10
11
12
10.3
10.8
10.9
10.9
10.9
10.9
11.4
12.0
11.9
11.9
12.0
11.6
11.4
11.6
11.4
Receipts..
13
9.5
9.7
10 2
102
10.9
11.0
11.3
11.6
12.8
12.9
13.1
12.9
12.9
12.9
13.4
Expenditures
14
683
68 2
70 A
685
69.0
72.3
726
755
783
795
80.1
832
823
875
902
Purchases
National defense
Nondefense
15
16
17
46.1
39.1
6.9
46 2
38.6
7.5
47.1
39.7
75
45.5
38.5
7.0
45.7
38.8
6.8
48.0
40.8
7.1
472
40.8
6.4
492
42.4
6.8
51.4
43.8
7.6
50.8
44.4
6.3
51.4
45.2
62
52.8
44.9
7.8
51.5
45.1
6.4
54.2
46.1
8.1
54.3
46.6
7.7
Transfer payments (net)
To persons
To rest of the world (net)
18
19
20
14.8
12 2
2.6
14.3
12.3
2.0
14.4
125
1.9
14.4
12.6
1.8
14.8
13.0
1.8
152
13.2
2.0
15.5
13.6
1.9
15.7
13.8
2.0
16.3
145
1.7
17.8
15.7
2.1
17.6
15.8
1.7
18.8
17.0
1.8
19.9
182
1.7
21.8
20.0
13
22.3
20.4
1.9
Contributions for social insurance .
Grants-in-aid to State and local governments .
21
3.0
3.1
3.3
32
3.1
3.3
3.5
3.5
4.2
4.0
4.2
4.5
4.8
5.6
5.4
Net interest paid
Interest paid .
To persons and business .
To rest of the world (net) .
Less: Interest received by government
22
23
24
25
26
45
45
4.6
43
4.8
5.0
5.1
5.5
5.3
5.5
5.6
5.8
52
5.0
52
.1
.1
A
*.i
2
2
2
2
2
2
2
.1
'.1
Subsides less current surplus of government
enterprises.
Subsidies .
Less: Current surplus of government enterprises .,
27
1.3
1.4
1.6
1.8
28
29
Less: Wage accruals less dsbursements
30
31
Surplus or deficit (-), national Income and
product accounts.
Social insurance funds
Other
.1
;;
.6
.7
.4
.1
5
-.6
0
0
0
0
0
15
33
33
75
7.6
63
53
5.7
.7
.6
1.3
1.0
1.6
1.6
1.4
0
0
0
4.7
3.7
3.1
1.6
32
33
1. Includes the following taxes (in millions of dollars) not shown separately: dividends tax: 1933, 35; 1934, 15;
automobile use tax: 1942,121; 1943, 77; 1944, 74; 1945, 81; and 1946,1.
.6
.6
-1.3
-5.4
-10.8
-9.9
-.4
-4.9
-2.6
-8.1
-2.3
-7.7
0
-23
2. Includes capital stock tax (in millions of dollars) not shown separately: 1933, 80; 1934, 92; 1935, 95; 1936,
138; 1937,139; 1938,127; 1939, 133; 1940,167; 1941, 282; 1942, 329; 1943, 381; 1944, 372; and 1945, 353.
Table 3.3.—State and Local Government Receipts and Expenditures: Annual, 1929-58, and Quarterly, 1946-58
[Billions of dollars; quarters seasonally adjusted at annual rates]
Line •
1930
1931
1932
1934
1933
1935
1937
1936
1938
1939
1942
1941
1940
1
73
75
7A
73
63
83
83
8A
83
9.1
9A
9.7
10.1
10.3
Personal tax and nontax receipts .
Income taxes
Nontaxes
Other.
2
3
4
5
1.1
.1
.3
.6
1.0
.1
.3
.6
.9
.1
2
.6
.8
.1
2
.5
.7
.1
2
5
.7
.1
2
.5
.8
.1
2
.5
.9
.2
2
.5
.9
2
2
S
1.0
2
2
.6
.9
2
2
.6
1.0
2
2
.6
1.0
.3
2
.6
1.0
3
2
5
Corporate profits tax accruals .
6
.1
.1
.1
.1
.1
.1
.1
2
2
.1
2
2
.3
.4
Indirect business tax and nontax accruals .
Sales taxes .
Property taxes .
Other '
7
8
9
10
5.9
.4
45
.9
62
5
4.7
.9
6.0
.6
4.5
.9
5.9
.6
4.4
.9
55
.7
4.0
.8
5.7
. 3
3.9
.8
6.0
12
4.0
.9
6.4
1.4
4.1
1.0
6.8
15
42
1.1
7.0
1.6
4.3
1.1
7.1
1.7
4.3
1.1
7.4
13
4.4
12
7.8
21
4.4
12
oo^n
Receipts.
1929
Contributions for social insurance .
11
.1
.1
.1
2
2
.2
2
2
2
2
.3
.3
.3
.3
Federal grants-in-aid
12
.1
.1
3
.1
.5
1.6
1.7
.7
.8
.8
1.0
.9
3
.9
13
75
8.1
82
73
73
73
83
73
82
8.7
9A
9.1
8.8
83
14
15
16
7.1
3.5
3.7
7.6
3.6
4.0
7.5
3.7
3.8
6.4
3.6
29
5.9
35
2.3
6.6
3.9
2.8
6.9
4.2
2.8
6.9
3.7
32
7.1
3.9
32
7.4
4.1
3.3
8.1
42
3.9
7.8
4.3
3.5
7.7
4.4
3.4
7.6
45
3.1
Transfer payments to persons .
17
2
.3
.3
5
3
1.0
12
.9
1.0
12
1.3
1.3
12
12
Net interest paid
Interest paid .
Less: Interest received by government1
18
19
20
.4
5
.5
.6
.6
.6
5
.5
.5
5
5
.5
.4
.4
Less: Dividends received by government1
21
Subsidies less current surplus of government
enterprises.
Subsidies..
Less: Current surplus of government enterprises
22
-2
-.6
-.6
23
24
*"*2
25
0
26
27
28
Expenditures
Purchases .
Compensation of employees..
Other
Less: Wage accruals less disbursements
Surplus or deficit (-), national income and
product accowits.
Social insurance funds
Oiher .....
..
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
...
..............
-2
-2
-2
0
0
0
0
-2
-3
-3
-3
-.1
5
.6
5
.7
A
0
.1
-3
.1
-.7
.1
-.8
.1
-.4
.1
-2
.1
.4
.1
5
.1
.4
.1
.6
.1
2
.1
-.1
2
2
-2
2
-.3
3
0
-.3
-.4
.3
0
-.4
.4
0
-.4
.4
.4
0
0
-.4
***•"••
-5
.4
0
.6
.6
5
0
0
3
13
13
2
.5
2
1.1
2
1.6
0
Table 3.3.-State and Local Government Receipts and Expenditures: Annual, 1929-58, and Quarterly, 1946-58-Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]
Line
Receipts
Personal tax and nontax receipts
Income taxes
Nontaxes
Other
1944
1945
1946
1947
1948
1949
1950
1952
1951
1954
1953
1955
1956
1957
1958
1
103
11.3
12.7
15.1
173
19.0
20.8
223
243
263
28.4
30.9
34,1
37.4
40.7
2
3
4
5
1.1
.4
.2
.5
12
.4
2
.6
12
.4
2
.6
1.4
5
2
.7
1.6
.6
.3
.8
1.9
.7
.4
.8
2.0
.8
.4
.9
2.3
.9
.4
1.0
25
1.0
.4
1.1
2.6
1.0
.4
1.1
2.8
1.1
.5
1.2
3.2
1.3
.5
1.3
3.6
1.6
.6
1.4
3.9
1.7
.6
1.5
4.1
13
.6
1.6
Caporate profits tax accruals
6
5
.5
.5
.6
.7
.6
.8
.9
.8
.8
.8
1.0
1.0
1.0
1.0
Indirect business tax and nontax accruals
Sales taxes
Property taxes
Other
7
8
9
10
8.0
2.0
4.6
1.4
8.4
2.3
4.6
1.5
9.3
2.9
4.8
1.6
10.7
3.5
5.3
1.8
122
4.1
5.9
2.1
13.3
4.3
6.6
2.3
14.6
4.8
7.1
2.6
153
5.4
7.7
2.9
17.4
5.8
8.4
32
188
63
9.1
3.5
19.9
6.5
9.7
3.8
21.6
7.1
10.4
4.0
23.8
8.0
11.5
4.4
25.7
8.6
12.6
4.5
272
10.0
13.8
3.4
Contributions for social insurance
11
.4
.4
.6
.7
.8
.9
1.1
1.4
1.6
1.7
2.0
2.1
2.3
2.6
2.8
Federal grants-in-aid
12
.9
.9
1.1
1.7
2.0
22
2.3
2.5
2.6
2.8
2.9
3.1
3.3
4.2
5.6
Expenditures
13
82
8.7
103
14.1
172
19.7
220
23.4
243
26.7
295
322
35.0
38.8
43.0
Purchases
Compensation of employees
Other
14
15
16
7.4
4.9
24
7.9
5.4
2.5
9.6
62
3.5
12.4
7.3
5.1
14.8
8.5
6.3
17.5
9.4
8.1
19.3
10.1
9.1
21.3
11.2
10.1
22.6
12.3
10.3
24.2
13.3
10.9
27.0
14.7
12.3
29.6
15.8
13.7
32.3
17.6
14.7
35.8
19.6
162
39.5
21.6
17.9
Transfer payments to persons
17
12
1.3
1.7
23
3.0
3.0
3.6
3.1
3.5
3.6
3.8
4.0
42
4.6
5.1
Net interest paid
interest paid
Less: Interest received by government1
18
19
20
.3
.3
2
.6
.4
.1
.6
.4
.5
.1
.1
.6
.6
0
0
0
.1
.5
.1
.6
'3
.1
1.2
1.1
.1
1 4
13
.1
1.6
1.4
Less: Dividends received by government1 .....
21
Subsides less current surplus of government
enterprises.
Subsidies
Less: Current surplus of government enterprises
-.8
-.8
-.9
-.9
-1.6
23
24
Less: Wage accruals less disbursements
25
0
0
0
0
26
2.7
2.6
13
1.0
27
28
2
25
2
2.3
.3
15
.4
.6
Surplus or deficit (-), national income and
product accounts.
Social insurance funds
Other
22
-.7
-.7
-.8
7
J
.8
.8
.9
.8
,7
.7
.8
.9
.9
.1
1.1
13
-1.0
-1.1
-12
-1.3
-1.5
.7
8
-1.7
-1.7
1.0
1.1
12
1.3
15
1.6
1.7
0
0
0
0
0
0
0
0
0
0
.1
-.7
-12
-.4
-.1
.1
-1.1
-13
-1.4
-2.4
-.4
.6
-1.3
.7
-1.9
.9
-1.3
1.0
-1.1
1.1
-1.0
1.3
-2.4
1.3
-2.6
1.7
-3.0
1.8
-4,1
0
.9
.7
1949
1948
1947
1946
1.5
-2.4
1.7
1950
Line
II
1
Receipts
Personal tax and nontax receipts
Income taxes
Nontaxes
Other
..
2
3
4
5
Ill
IV
1
11
III
14.9
153
1.4
1.4
11.9
123
13.1
135
143
12
12
1.2
12
1.4
I
II
111
153
165
17.1
17.6
1.5
1.6
1.6
1.6
IV
IV
1
ll
III
173
18.4
135
19.4
1.7
1.9
1.9
1.9
1
11
195
20.0
205
1.9
2.0
2.0
IV
Corporate profits tax accruals
6
.3
.4
.5
.6
.6
.6
.6
.6
.7
.7
.7
.7
.7
.6
.6
.6
.6
.7
Indirect business tax and nontax accruals
Sales taxes
Property t a x e T Z Z Z ™ ! I Z Z ! Z Z ! Z Z ! " " I "
Other
7
B
9
10
8.9
92
9.5
9.7
10.0
10.4
10.8
11.3
11.7
12.0
12.4
126
12.9
132
13.5
13.8
14.0
14.3
Contributions for social insurance
11
.5
.6
.6
.6
.7
.7
.7
.7
.8
.8
.9
.9
.9
.9
1.0
1.0
1.0
1.1
Federal grants-in-aid
12
1.0
.9
12
1.4
1.6
1.8
1.8
1.8
1.8
1.9
2.1
22
2.1
20
2.5
2.3
2.4
2.4
13
93
102
112
12.1
13.0
13.6
145
15.1
162
16.9
17.6
173
185
19.4
20.3
20.7
21.4
222
14
15
16
8.7
5.8
2.9
92
6.0
32
9.9
6.3
3.7
10.8
6.7
4.1
11.7
7.0
4.7
12.1
72
4.9
12.6
7.4
52
13.3
7.8
5.5
13.7
8.0
5.7
14.4
8.3
62
15.3
8.7
6.6
15.9
9.1
6.9
16.5
92
7.3
172
9.3
7.9
18.0
9.6
8.4
18.3
9.7
8.6
18.6
9.8
8.8
19.0
10.0
9.0
1.6
1.6
1.9
1.8
1.9
22
2.6
2.6
3.1
3.1
3.0
2.7
23
2.9
3.0
32
3.5
4.1
2
2
2
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
-.7
-.7
-.7
-.7
-.8
-3
-.8
-.8
-.8
-.8
-.8
-.8
-.8
-.8
-.9
-.9
-.9
-.9
Expenditures
Purchases
Compensation of employees
Z."
Transfer payments to persons
Net interest paid...
Interest paid
ZZ....ZZZZZZ..
Less: Interest r e c e i v ^ b y ' ^ e ^
L«ss: Dividends received by goverrvnent1
S l i c e s less current surplus of government
enterprises.
Subsidies
Less: Current surplus of government enterprises
Less: Wage accruals less disbursements
Swplus or deficit B national income and
product accounts.
Steal insurance funds
Other
Seefeotnote(s)at end of table.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
18
19
*
20
21
22
23
24
"7
J
25
0
0
26
21
21
27
28
".7
.7
3
3
.8
0
0
0
0
13
15
13
13
0
.7
.8
3
0
3
.8
0
0
A
2
.9
3
3
3
"3
0
0
0
0
0
0
0
-.1
-.8
-3
.9
.9
.9
0
0
0
-12
-1.4
-1.7
Table 3.3.—State and Local Government Receipts and Expenditures: Annual, 1929-58, and Quarterly, 1946-58—Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]
1954
1953
1952
1951
1950
Une
IV
III
Receipts
Personal tax and nontax receipts
Nontaxes
Other
Corporate profits tax accruals
—
Other
IV
II
I
IV
III
1
II
III
IV
1
213
215
22.6
225
229
23.6
24.0
24.5
25 2
25.8
25.7
27.2
27.1
2
3
4
5
2.0
2.1
22
2.3
2.3
2.3
2.4
25
2.5
25
2.6
2.6
2.6
1
II
273
273
2.7
23
III
IV
28.1
283
293
2.8
2.9
2.9
............
.9
1.0
.9
.8
.8
.8
.8
.8
.9
.9
.9
.8
.7
.7
.7
.8
a
15.0
15.6
15.6
16.0
16.4
16.7
172
17.6
18.1
18.4
18.7
19.0
19.3
19.5
19.7
20.0
20.4
2.0
3
6
7
8
g
10
Indirect business tax and nontax accruals
III
II
1
14.9
Contributions for social insurance
11
12
12
1.3
1.3
1.4
1.4
15
1.5
1.6
1.6
1.6
1.7
1.7
1.8
1.9
1.9
2.0
Federal grants-in-aid
12
2.3
22
25
2.5
2.4
2.6
2.5
25
2.8
2.8
ZZ
3.4
2.8
2.9
2.9
2.8
3.0
13
22.1
22.4
22.7
233
23.7
233
243
252
243
255
26 2
26 2
263
27.4
28.4
29.1
30.1
m
14
15
16
19.5
10.3
92
20.0
10.5
9.6
20.4
10.7
9.7
21.1
10.9
102
21.6
11.3
10.3
21.9
11.6
102
22.0
11.8
10.1
22.7
12.0
10.7
225
12.4
10.1
23.1
12.7
10.3
23.8
13.0
10.8
23.7
13.2
105
24.4
13.4
11.0
25.0
13.7
11.3
26.0
14.1
11.9
26.6
14.5
121
27.6
15.0
12.6
27.6
15.2
12.6
Transfer payments to persons
17
3.4
3.3
32
3.1
3.1
3.1
3.4
35
3.4
3.5
35
3.6
3.7
3.6
3.7
3.7
3.8
3.9
Net interest paid
Interest paid
.........
Less: Interest received by government1
18
19
20
.1
.1
0
0
0
0
0
0
0
0
0
0
0
0
0
.1
.1
.1
-1.0
-1.0
-1.0
-1.1
-1.1
-1.1
-1.1
-1.1
-1.1
-12
-12
-12
-1.3
-1.3
-1.3
-1.4
Expenditures
Purchases
Compensation of employees
Other
...
2.9
Less: Dividends received by government1
21
Subsidies less current surplus of government
enterprises.
Subsidies
Less: Current surplus of government enterprises
23
24
i"i
i7i
"ft
1.1
i'.i
1*1
12
12
i"i
13
1.3
13
14
Less: Wage accruals less disbursements
25
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
26
-.8
-3
0
-.6
-3
-3
-3
-.7
-5
1.0
-.1
-.6
-13
-15
-U
1
II
22
Surplus or deficit (-), national Income and
product accounts.
Social insurance funds
Other
....
-.9
-3
............
.9
............
i"b
3
4
A
2
27
28
1955
1956
1957
1958
Une
Receipts
Personal tax and nontax receipts
Income taxes
Nontaxes
Other
„....
IV
111
II
1
II!
I
IV
II
IV
111
IV
III
II
I
t
293
304
314
313
32.8
33.7
343
352
36.7
37.0
37.7
38.1
383
40.1
40.7
433
2
3
4
5
3.1
3.1
32
32
35
3.5
3.6
3.6
3.8
3.9
3.9
3.9
4.1
13
.7
1.6
4.1
13
.6
1.6
41
1.8
.6
1.6
4.1
ii
.6
1.6
.....
Corporate profits tax accruals
6
.9
.9
1.0
1.0
1.0
1.1
1.0
1.1
1.1
1.0
1.0
.yA
.9
.9
1.0
12
Indirect business tax and nontax accruals ....
Sales taxes
. .
Property taxes
Other
7
8
9
10
20.8
212
213
22.4
23.0
23.6
24.1
24.6
25.1
25.6
25.9
26.1
-
.............
26.4
9.8
13.4
3.3
26.8
9.8
135
3.3
27.4
10.0
13.9
35
28.1
10.3
142
3.6
Contributions for social insurance
11
2.0
2.1
2.1
2.1
22
2.3
24
2.4
2.5
2.6
2.6
2.7
2.7
2.8
2.8
2.9
Federal grants-in-aid
12
3.0
3.1
33
32
3.1
3.3
3.5
35
42
4.0
42
45
43
5.6
5.4
63
13
315
323
323
323
333
34.6
353
36.1
375
383
39.1
402
415
425
435
443
14
15
16
283
15.4
135
29.4
15.7
13.7
29.7
15.9
133
302
16.4
13.9
31.2
16.9
14.4
320
173
14.7
327
17.9
14.8
33.4
18.4
15.0
34.6
18.8
15.8
35.4
19.3
16.1
36.1
19.8
16.3
37.0
20.3
16.7
38.1
20.8
172
39.0
21.4
17.6
40.0
213
182
403
222
18.7
Transfer payments to persons
17
3.9
4.0
4.0
4.0
4.1
4.1
42
4.3
4.4
4.5
4.7
4.8
5.0
5,1
5.1
5.3
Net interest paid
Interest paid
Less: Interest received by government1
18
19
20
.1
.1
.1
j
.1
....
.1
.1
.1
.1
.1
.1
1.5
1.4
.1
1.3
12
2
1.6
1.4
2
13
1.7
-1.7
-1.7
-1.7
-1.7
-1.7
-1.7
-1.7
-1.8
-13
T8
Expenditures
Purchases
Compensation of employees
Other
Less: Dividends received by government1
«...
......
<1
21
Subsidies less current surplus of government
enterprises.
Subsidies
Less: Current surplus of government enterprises
22
-1.4
-15
-1.6
-1.6
-1.6
-1.6
23
24
i"4
15
15
i.6
1.6
1.6
1.7
1.7
1.7
1.7
1.7
1.7
17
1.7
1.8
Less: Wage accruals less disbursements
25
o
o
o
o
o
o
0
0
0
0
0
0
0
0
0
0
26
-1.7
-1.6
-1.0
-3
-1.0
-3
-.7
-3
-.7
-13
-14
-21
-23
-2.4
-23
-13
1.7
-4.3
1.6
-4.0
1.8
-4.7
1.9
-3.5
Surplus or deficit (-)> national Income and
product accounts.
Social insurance funds
Other
27
28
1. Prior to 1968. dividends received is included in interest received (line 20).
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
-1.7
*
Table 3.4.—Personal Tax and Nontax Receipts
[Billions of dollars]
Line
1929
1930
1931
1932
1934
1933
1935
1936
1937
1938
1940
1939
1941
1943
1942
1
25
2.1
15
1.1
12
13
15
2.0
2.7
25
22
25
35
5.7
17.6
2
15
1.1
.6
3
5
.6
5
1.1
1.7
1.6
12
1.4
25
4.7
165
Income taxes
Withheld
Declarations and settlements
Less: Refunds
3
4
5
6
12
1.0
5
3
.4
.4
.6
.7
1.3
12
.9
1.0
15
45
155
Estate and gift taxes
Nontaxes2
7
8
.1
0
.1
0
.1
0
0
0
.1
0
.1
0
5
5
.1
9
1.1
1.0
5
5
.7
.7
A
5
5
15
5
15
15
15
1.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
2
2
2
2
2
2
2
2
2
.1
.1
.1
.1
2
.1
.3
.1
.3
.1
2
2
5
.1
2
2
2
2
.1
0
.1
0
2
.1
0
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
2
2
2
2
2
2
2
2
2
2
2
2
2
Personal tax and nontax receipts
Federal1
State and local
Income taxes
Estate and gift taxes
Motor vehicle licenses
Properly taxes
Other taxes3
10
11
12
13
14
Nomaxes
Fines
Other4
15
16
17
Line
2
2
.1
0
2
2
2
0
3
.3
1944
2
2
1945
1946
1947
1949
1948
2
0
.4
0
1950
1951
.4
.4
0
0
1952
.4
0
1954
1953
5
0
.4
0
0
1955
1957
1956
1958
1
185
20.6
18A
21.1
20.6
185
20.1
28.4
335
345
315
345
38.7
41.3
405
2
175
194
172
195
19.0
16.1
18.1
26.1
31.0
325
295
314
355
37.4
36.8
Income taxes
Withheld
Declarations and settlements
Less: Refunds
3
4
5
6
165
18.5
16.3
9.3
8.7
1.6
185
11.1
9.3
1.7
18.1
10.6
95
15
15.4
9.9
75
2.4
17.4
11.7
7.4
t.7
25.4
16.8
10.4
15
30.1
205
115
2.1
31.3
22.7
28.0
20.4
105
25
30.4
22.7
10.8
3.1
33.8
25.4
11.7
35
35.9
27.3
12.1
35
35.4
27 8
11.5
3.9
Estate and gift taxes
Nontaxes2
7
8
.6
.1
.7
.1
5
0
.9
0
.7
0
.6
0
.7
0
.8
.1
.9
.1
5
.1
1.0
.1
15
.1
1.4
0
1.3
0
25
35
35
35
4.1
15
.4
.8
.3
Personal tax and nontax receipts
Federal'
State and local
.7
.1
112
2.6
1.1
15
15
1A
15
15
25
25
25
25
Income taxes
Estate and gift taxes
Motor vehicle licenses
Property taxes
Other taxes3
10
11
12
13
14
.4
.1
.4
.1
.4
5
.6
.7
5
.9
1.0
1.0
2
2
2
2
2
2
.3
.4
.1
.1
2
2
2
A
2
5
.3
.1
1.1
.3
5
.3
.1
15
.3
.6
.3
.1
1.6
5
.7
.3
.1
1.7
.4
.7
.3
Nontaxes
Fines
Other4
15
16
17
2
.4
5
5
.6
.6
9
.1
.1
2
2
2
2
3
2
2
3
2
.1
.1
.1
.1
.1
.1
.5
.3
.1
2
2
2
5
.4
.4
.4
.4
1. Includes the following taxes (in millions of dollars) not shown separately: dividends tax: 1933. 35; 1934, 15;
automobile use tax: 1942,121; 1943, 77; 1944, 74; 1945,81; and 1946,1.
2. Consists largely of fines and immigration fees.
3. Consists largely of hunting, fishing, and other personal licenses.
4. Consists largely of donations and unclaimed bank deposits.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
2
2
.6
Table 3.5.—Indirect Business Tax and Nontax Accruals
[Billions of dollars]
Indirect business tax and nontax accruals .. 1
Fttteral 1
2
Other
..........
Outer Continental Shelf royalties
flonrwit inaifsnfifl tyaminrns
Other 2
State and local
Sales taxes ..
.
State
General3
Gasoline
Liquor3
Tobacco1
Public utilities4
Insurance receipts4
Other4
Local . .
General
».
Public utilities
Other
«...
....
...........
... ..
...................
..:
Property taxes
Mnlnr unhid A lifAfttflS
Severance taxes3
Other taxes6
-
........
Nontaxes
Rents and royalties
Special assessments
Fines
Other7
..........
„..,..
3
4
5
6
7
1930
1929
Line
•
1934
1933
1932
1931
1938
1937
1936
1935
1941
1940
1939
1942
1943
7.1
72
6.9
64
7.1
75
82
8.7
92
92
9A
10.1
11.4
114
12
14
4
4
15
22
22
25
2.4
25
2.4
2.7
3.6
4.1
5.0
.6
0
.4
.5
0
.4
5
0
.4
.6
0
.4
1.2
.1
.4
15
.4
5
1.7
5
.5
1.7
.6
.5
15
.6
.6
1.7
.6
.6
1.8
.6
.6
2.1
.7
.6
2.8
.9
.7
3.4
12
.9
4.1
1.5
1.0
1.6
124
.1
.1
.1
2
.7
.9
.8
.6
.6
.6
.6
.7
1.1
1.3
8
.6
.5
.4
2
.3
.3
.4
.4
5
.3
.3
.3
.4
.3
.4
9
10
11
12
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
2
0
0
.1
.1
.1
7.8
7.8
75
0
0
0
0
0
0
0
0
o"
0
0
0
o"
0
13
54
62
6.0
54
55
5.7
64
6.4
65
74
7.1
7A
14
15
16
17
18
19
20
21
22
23
24
25
26
.4
.4
5
.5
.6
5
0
JS
0
0
.6
.6
0
5
0
0
.7
.6
.1
.5
0
0
.9
.9
2
.6
.1
0
12
1.1
.3
.6
.1
0
1.4
1.3
.4
.7
2
0
15
1.4
.4
.7
2
.1
1.6
1.5
.4
.8
2
.1
1.7
1.5
.5
.8
2
.1
1.8
1.7
.5
.9
2
.1
2.1
1.9
.6
1.0
.2
.1
2.0
1.9
.6
.9
.3
.1
2.0
1.8
.7
.7
3
2
0
o"
0
.1
.1
"i
.1
.1
.1
.1
.1
.1
4.1
.1
42
.1
4.3
2
4.3
2
4.4
.2
4.4
2
4.4
2
45
2
...
5
Q"
o"
..............
27
28
29
30
4.5
.1
31
32
33
34
35
5
Line
.....
.......
4.7
.1
i
45
.1
..............
4.4
.1
4.0
.1
3.9
.1
4.0
.1
.5
5
.4
.4
]4
5
.6
.6
5
.7
.7
.8
5
.3
.3
5
.3
.3
.3
.3
.3
.3
.4
.4
.4
.4
.3
..............
.....
1944
1945
1947
1946
1948
1949
1950
1951
1954
1953
1952
1958
1957
1956
1955
142
15.6
172
185
205
215
235
255
275
29.8
29.7
325
35.1
37.6
38.7
2
65
72
74
74
8.1
82
84
9A
10.4
11.0
95
10.7
11.3
11.9
115
Excise taxes
Liquor
Tobago
Windfall profit tax
Other
3
4
5
6
7
52
2.1
.9
62
2.3
1.0
72
2.6
12
72
2.3
1.3
7.4
2.1
1.3
75
22
1.3
82
2.4
1.3
8.6
2.4
1.4
9.6
2.7
1.7
102
2.8
1.6
9.0
2.6
15
9.8
2.8
1.6
10.3
3.0
1.6
10.8
2.8
1.7
10.4
2.9
15
22
""""25
3.3
3.7
4.0
4.0
4.5
45
52
5.8
4.8
5.4
5.6
62
5.7
Customs duties
8
.4
.4
5
.4
.4
.4
5
.6
.6
.6
.5
.7
.7
.8
5
Nontaxes
Outer Continental Shelf royalties
Deposit insurance premiums
Other2
9
10
11
12
.3
.3
2
.3
.3
.3
2
2
2
2
2
5
.3
.3
5
.1
!l
"l
!t
.1
A
A
A
A
.1
A
.1
A
.1
.1
13
84
8.4
95
10.7
122
135
14.6
154
17A
18.8
194
21.6
234
25.7
272
14
15
16
17
18
19
20
21
22
23
24
25
26
2.0
1.9
5
.7
5
2
25
2A
5
.8
.4
2
2.9
2.7
1.1
1.0
.4
2
3.5
32
1.3
12
.4
.3
4.1
3.7
1.6
1.3
.4
.4
4.3
3.9
1.6
15
.4
.4
4.8
4.3
15
1.6
.4
.4
5.4
45
2.1
1.8
5
.4
5.8
52
2.3
2.0
.4
5
6.3
5.5
2.5
2.1
.5
.5
65
55
2.6
2.3
.5
.5
7.1
6.3
2.8
25
.5
5
8.0
7.1
32
2.8
.6
.5
8.6
7.6
3.5
2.9
.6
.6
.3
A
5
5
.6
.6
.7
.7
5
.9
1.0
10.0
8.9
3.5
3.0
.6
.6
.3
.5
.4
1.1
'"
""""
Indirect business tax and nontax accruals .. 1
Federal1
.....
State and local
Sales taxes
State
General3
Gasoline
Liquor3
Tobacco 3
Public utilities4
Insurance receipts4 Other4
Local
General
Public utilities
Other
Property toes
Motor vehicle licenses ..
Severance
toes3
Other taxes6 Nontaxes
Rents and royalties
Special assessments —
Fines
Other7
..
—
-
~A
2
..............
27
28
29
30
4.6
2
4.6
2
45
2
5.3
5
5.9
.3
6.6
.4
5
4
1.0
12
15
1.5
31
32
33
34
35
.4
.4
5
.4
.4
5
1. Includes capital stock tax (in millions of dollars) not shown separately: 1933, 80; 1934, 92; 1935, 95; 1936,
138; 1937,139; 1938,127; 1939,133; 1940,167; 1941,282; 1942, 329; 1943, 381; 1944, 372; and 1945, 353.
2. Consistsi largely of fines, fees, and royalties other than Outer Continental Shelf.
3. For 1929 and 1930, included in line 30.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
7.1
.4
.6
.....
7.7
5
8.4
.5
9.1
.6
9.7
.6
10.4
5
11.5
.7
12.6
.7
13.8
.7
15
2.0
22
2.3
2.5
2.8
2.9
1.7
5
.7
.7
,g
.9
.9
1.0
1.1
*
4.
5.
6.
7.
Prior to 1958, included in line 30
Prior to 1959, included in line 3o!
Consists largely of business licenses and documentary and stamp taxes. Also, see footnotes 3,4, and 5.
Consists largely of donations.
Table 3.6.—Contributions for Social Insurance
[Billions of dollars]
Line
1929
Contributions for social insurance .
Employer contributions
Federal social insurance funds
1930
1931
1932
1933
1934
1935
1937
1936
I!
Railroad retirement
Pension benefit guaranty
Veterans life insurance .
Workers' compensation
1943
1942
5
5
5
A
.7
15
25
22
2.4
25
35
45
.1
.1
2
2
2
2
2
5
15
15
1.6
1.7
25
2.4
27
.1
.1
.1
.1
.1
.1
.1
.3
15
1.3
15
15
19
22
25
.3
.3
5
.4
5
.6
,3
.3
.3
,3
,4
.5
.6
.7
.6
.1
g
1.0
.8
.1
o
1.0
5
.1
.1
12
15
.1
.1
1.3
1.1
15
12
.1
.1
.1
.2
.1
.1
2
.1
.1
o
0
Z
1941
1940
5
Unemployment insurance
State tax.
Federal tax
Railroad employees
Federal employees
Military
1939
5
Old-age, survivors, disability, and hospital
insurance.
Old-age, survivors, and disability insurance .
Hospital insurance
Federal employee retirement
1938
5
.1
0
0
.1
0
0
0
R
2
2
o
0
.1
0
0
.1
0
0
.1
0
0
.1
0
0
.1
0
0
.1
0
.1
"o"
o"
o"
R
o"
o"
.1
.1
.1
5
.1
.1
.1
.1
.1
0
.1
0"
.1
0
.1
0
2
2
.1
.1
2
A
A
.1
.1
.1
o'"
2
.1
0
.1
0
Military medical insurance1
State and local social insurance funds
State and local
employee
retirement
Temporary
disability
insurance
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
2
2
2
2
2
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
2
2
2
2
2
.1
.1
2
2
2
2
2
2
5
5
.6
.7
5
12
15
.1
.1
.1
.1
.1
.1
.1
.1
5
.3
5
5
5
.3
5
.3
.7
1.0
1.7
.6
.3
.3
.3
5
.3
.3
.3
5
.4
.5
.5
.6
.6
o"
0
.1
.1
o"
0
.1
.1
0
.1
.1
.1
.1
.1
.1
.1
.1
2
.1
.3
.1
.6
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
0
.1
.1
0
105
125
135
65
65
7.7
45
5.5
6.3
25
28
3.0
25
25
3.0
1.6
15
.3
0
.1
1.9
1.4
.3
.1
.1
Workers' compensation
Personal contributions
Federal social insurance funds .
Old-age, survivors, disability, and hospital
insurance.
Employees
OW-age, survivors, and disability insurance ..
Hospital insurance
Self-employed
Supplementary medical insurance
„.
State unemployment insurance
Federal civilian employee retirement
Railroad retirement
Veterans life Insurance
0
"i
o"
~r;
0
State and local social insurance funds
State and local employee retirement
Temporary disability insurance
.1
.1
0
Line
1944
0
...
1945
.1
.1
1946
.1
A
.1
.1
'.i
o*
0
.1
.1
.1
.1
.i
.1
.1
.1
.1
.1
.1
.1
.1
.1
0
1947
Contributions for social insurance
Employer contributions
Federal social insurance funds
Old-age, survivors, disability, and hospital
insurance.
Old-age, survivors, and disability insurance ......
Hospital insurance
Unemployment insurance
State tax
Federal tax .
Railroad employees
Federal employees ....
Federal employee retirement
Civilian
Military
Railroad retirement
Pension benefit guaranty .
Veterans life insurance .
Workers' compensation.,
Military medical insurance1
State and local social insurance funds
State and local employee retirement
Temporary disability insurance
Workers' compensation
P«*onaI contributions
Federal social insurance funds
Old-age, survivors, disability, and hospital
insurance.
Employees
Old-age, survivors, and disability insurance ..
Hospital insurance'.
_ Self-employed ....
Supplementary medical insurance".
State unemployment insurance .
Federal civilian employee retirement
Railroad retirement
Veterans life insurance ...„
State and local social instance funds
State and focal employee retirement
Temporal disability insurance
1
- Consists of payments for medical services tor dependents of active duty military personnel tor medical care
at nonmilitaiy facilities.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
0
0
1949
o*
0
0
1950
1951
1952
1953
1954
.4
.4
1955
.9
.4
5
J5
2
.1
Table 3.7A.—Government Purchases by Type: Annual, 1929-58, and Quarterly, 1947-58
[Billions of dollars; quarters seasonally adjusted at annual rates]
Line
Government purchases
Federal
-
Durable goods
Nondurable goods
Commodity Credit Corporation inventory change ..
Other nondurables
Services
Compensation of employees
National defense
.
Military
Civilian
Nondefense
Other services
Structures
State and local
Durable goods
Nondurable goods
Services
Compensation of employees Other services
Structures
-
Government purchases
Durable goods
Nondurable goods
Commodity Credit Corporation inventory change ..
Other nondurables
Services
Compensation of employees
National defense ..
Military
Civilian
Nondefense
Other services
Structures
State and local
Durable goods
Nondurable goods
Services
Compensation of employees
Other services
Structures
1934
1933
1935
1939
1938
1937
1936
1941
1940
1942
12.7
135
133
24.8
59.5
1
8.6
92
92
8.1
7.9
9.7
10.0
121
2
15
15
1.7
1.6
2.1
33
3.0
52
4.7
52
55
6.0
17.1
52 3
81.7
3
4
5
6
7
8
9
10
11
12
13
14
0
.1
0
.1
1.1
.9
.1
2
0
2
12
.9
.1
.1
0
.1
12
1.0
.1
.1
0
.1
1.1
.9
.1
2
0
2
15
1.2
.3
2
0
2
2.1
1.7
.4
.1
0
.1
2.0
13
,4
2
0
2
3.9
3.6
.3
.3
0
.3
3.4
3.1
.4
.3
.3
3.9
3.6
.4
.6
.3
2
3.9
3.5
.6
.5
.3
2
4.1
3.5
5.8
.9
2
.7
6.9
5.1
22.0
62
.6
5.6
14.9
10.7
42.8
9.0
-.4
9.4
24.6
21.0
2
2
2
2
2
.3
2
.3
3
.3
.3
.4
2
.5
'.3
.6
3
.7
.4
.6
.5
.5
.5
.8
1.9
3.4
42
9.0
3.6
5.3
15
7.1
7.6
75
6.4
53
6.6
63
6.9
7.1
7A
8.1
73
7.7
7.6
73
16
17
18
19
20
21
.3
.5
3.9
35
.5
2.4
.3
.6
4.1
3.6
.5
2.6
.3
.6
42
3.7
5
24
2
.6
4.0
3.6
5
1.5
2
.6
4.0
3.5
.5
1.1
2
.8
4.5
3.9
.6
12
2
3
4.8
42
.7
1.1
2
.7
4.3
3.7
.6
1.7
.3
.7
45
3.9
.6
1.6
.3
.8
4.8
4.1
.6
1.6
.3
3
4.8
42
.7
22
.3
.8
5.0
4.3
.7
1.8
2
.9
52
4.4
.8
1.5
2
1.0
5.3
4.5
.9
1.1
.1
1.0
55
4.7
.8
.7
•
1944
1945
1947
1946
1949
1948
1950
0
1954
1953
1952
1951
1956
1955
1
963
813
292
262
ZU
335
395
602
743
813
763
75.8
79.8
2
895
75.4
19.6
133
165
21.0
202
393
524
56.8
493
462
475
3
4
5
6
7
8
9
10
11
12
13
14
45.3
11.0
.5
10.4
30.9
27.3
33.0
75
-.4
7.9
33.3
30.0
22
.4
-5
1.0
16.7
162
1.3
.3
.1
.3
11.7
10.3
27
1.4
.3
1.1
11.4
9.6
4.3
2.9
1.5
1.4
115
10.7
45
1.4
.3
1.1
12.8
11.1
128
24
-.4
28
20.9
16.6
19.7
15.4
2.4
2.0
3.3
15
.5
2
U
.4
1.9
.9
13
1.3
1.7
15
~43
2.9
4.0
16.4
5.5
1.5
3.6
24.0
18.3
15.4
10.7
4.7
2.9
5.6
32
13.7
4.0
2.0
35
2.3
19.7
6.9
2.0
4.8
263
19.1
16.0
11.0
5.0
3.1
72
3.9
26.2
19.0
15.8
10.7
5.1
32
72
2.3
2.3
27.1
19.6
16.1
10.6
55
35
7.5
2.6
15
7A
73
9.6
12.4
143
175
19.3
213
216
242
27.0
29.6
323
16
17
18
19
20
21
.1
.9
5.7
4.9
.8
.6
.1
1.0
6.1
5.4
.8
.7
2
1.0
7.1
62
.9
1.4
.4
12
8.4
7.3
1.0
2.5
.6
1.2
95
8.5
1.0
35
.6
1.4
10.7
9.4
12
4.8
.6
1.7
11.7
10.1
1.6
5.3
.7
1.6
127
112
1.5
6.3
3
13
13.7
12.3
1.4
63
1947
3.3
2
3.1
25.4
193
16.1
11.1
5.0
32
6.1
1.6
13
143
13.3
13
7.1
1948
162
14.7
1.5
8.3
2
1.0
12
1.8
17.7
15.8
1.8
9.1
1.7
19.3
17.6
1.7
10.1
1
II
1950
1949
Line
Government purchases.
Federal.
Durable goods
Nondurable goods .
Commodity Credit Corporation inventory change .
Other nondurables
Services .
Compensation of employees .
National defense
Military
Civilian .
Nondefense .
Other services
Structures
State and local.
Durable goods
Nondurable goods .
Services .
Compensation of employees .
Other services
Structures
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
1943
11.7
Line
Federal
1932
1931
1930
1929
III
1
II
IV
1
253
26.4
262
2
143
143
3
4
5
6
7
8
9
10
11
12
13
14
12
-2
-.4
2
133
11.8
1.1
.4
2
2
125
11.0
12
0
15
.3
15
.6
13
.8
1.4
.8
1.9
.9
2.0
1.0
23
3
13
1.1
2.0
12
15
11.7
12.1
126
133
13.7
14.4
153
153
165
16
17
18
19
20
21
.4
1.1
7.9
7.0
1.0
2.3
.4
12
82
72
1.0
2.3
.4
12
8.5
7.4
1.1
25
.4
12
8.8
73
1.1
2.7
.6
12
9.1
8.0
1.0
29
.6
12
9.3
83
1.0
3.4
.6
12
9.7
8.7
1.0
3.7
.6
1.3
10.1
9.1
1.0
4.0
5
1.3
10.4
92
12
42
III
III
I
II
263
28.1
305
323
34.7
363
393
393
39.0
382
383
38.7
135
13.1
143
16.1
173
18.7
20.4
21.7
213
20.7
19.6
19.9
192
1.6
.6
.3
.3
10.9
9.4
15
.5
2
.4
10.3
9.0
2.4
.5
-5
.9
10.7
9.3
2.6
1.4
2
12
11.1
9.3
2.7
13
.7
1.1
11.6
9.6
33
21
3
1.3
124
10.0
33
3.0
1.6
1.4
125
10.6
45
3.3
13
15
123
10.8
4.6
2.8
1.3
1.5
125
10.6
4.4
2.7
1.3
1.4
12.1
10.7
33
2.0
1.0
1.0
12.4
10.3
3.9
2.7
1.8
.9
11.8
10.3
5.0
0
-12
1.2
12.7
11.1
13
1.4
1.4
1.6
2.1
1.4
15
1.5
1.6
1.4
172
18.0
183
18.6
193
195
.6
1.4
105
93
12
4.8
.6
15
10.9
9.6
1.3
5.0
.7
15
11.0
9.7
1.3
5.0
.6
1.7
11.4
9.8
1.6
4.9
.6
1.7
11.6
10.0
1.6
5.1
.6
1.7
11.9
10.3
1.6
5.3
IV
111
II
1
IV
.............
883
Table 3.7A.—Government Purchases by Type: Annual, 1929-58, and Quarterly, 1947-58-Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]
1951
1952
1954
1953
Une
Government purchases..
federal
Durahle goods
Nondurable goods .
Commodity Credit Corporation inventory change ..
Other nondurabies
Services
Compensation of employees
National defense
Military
Civilian
Nondefense
Other services
Structures
State and local
Durable goods
Nondurable goods
Services,
Compensation of employees .
Other services
Structures
1
II
1
49.7
57.0
64.7
2
292
353
3
4
5
6
7
8
9
10
11
12
13
14
82
22
-.6
2.8
16.7
14.7
111
IV
I
II
III
695
70.9
745
763
43.1
47.7
483
51.8
11.0
2.3
-5
2.8
19.8
16.2
142
2.6
-2
2.8
23.1
17.5
17.7
25
-.3
2.8
24.0
17.8
2.0
2.1
3.6
2.7
5.6
3.1
""""62
3.4
17.9
2.8
-.3
3.1
24.6
18.8
15.7
10.8
4.9
3.1
5.8
3.7
15
20.4
21.1
21.6
21.9
16
17
18
19
20
21
.7
1.6
12.3
10.7
1.6
5.8
.7
1.6
12.5
10.9
15
6.3
.7
1.6
123
11.3
1.5
65
.7
1.6
13.2
11.6
1.5
6.4
IV
1
ll
783
80.4
823
80.7
53.5
552
565
58.6
19.7
32
.1
32
24.9
19.4
16.2
112
5.0
32
55
3.9
20.1
3.4
2
3.1
25.9
195
16.3
11.3
5.0
32
6.4
42
21.0
3.8
.7
32
262
19.4
16.1
11.0
5.0
3.3
6.9
42
19.7
65
1.7
43
26.1
19.3
16.1
10.9
52
32
6.9
4.3
223
22.7
225
23.1
.8
1.5
132
11.8
1.4
6.5
.8
1.7
13.7
12.0
1.7
6.5
.8
1.4
13.7
12.4
13
6.5
3
15
14.1
12.7
1.4
6.6
1
II
80.8
783
76.1
745
563
55.7
52.8
495
47.0
20.1
7.6
2.8
4.8
26.8
19.4
162
11.0
52
32
7.4
4.1
19.6
6.6
1.8
43
26.3
19.0
16.0
11.1
4.9
3.0
73
33
19.6
6.7
1.9
4.8
253
18.7
153
11.0
4.8
23
7.1
3.6
18.7
5.7
2.3
3.4
243
18.4
15.5
10.8
4.7
2.9
6.4
3.6
16.6
5.0
1.6
3.4
24.6
185
15.5
10.8
4.7
3.0
62
3.3
15.5
4.6
12
3.4
23.9
18.3
15.4
10.7
4.7
23
5,6
3.1
233
23.7
24.4
25.0
263
263
275
3
1.6
145
13.0
15
6.9
.8
1.5
14.6
13.2
1.4
6.8
3
1.6
14.9
13.4
15
7.1
.8
15
152
13.7
1.4
75
.9
15
15.6
14.1
15
8.0
.9
1.5
16.0
145
1.5
8.2
1.0
1.6
165
15.0
15
8.4
IV
III
1958
1957
1956
1955
111
line
Government purchases..
Federal,.
Durable goods
Nondurable goods'"
Commodity Credit Corporation inventory change .
Other nondurables
*
Services.
Compensation of employees .
National defense
Military .
Civilian .
Nondefense
I.,
Other services
structures
Z..ZZ.
ZZ
10
11
12
13
14
zzzzzzzzzzzzzzzzzzzzzzzzzz
Stale and local
Durable goods
Nondurable goods
Services
Compensation of employes
Other services
ZZZZZZZZZZZZ
ZZZZZZZZZZZZ,
Structures
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
16
17
18
19
20
21
753
755
763
75.8
763
803
46.1
462
47.1
455
45.7
48.0
13.9
3.3
1.5
1.9
26.3
18.4
15.3
10.5
43
3.1
7.9
2.6
13.7
4.6
2.6
2.0
25.5
19.1
15.9
10.8
5.1
32
6.4
2.4
13.7
45
25
2.0
26.8
19.2
15.9
10.8
52
32
7.6
14.6
2.8
22
13.6
3.7
1.7
2.0
26.2
19.1
15.9
10.7
52
3.3
7.0
2.1
21
15.7
3.0
.7
2.3
26.8
19.5
16.1
10.7
5.4
3.4
73
24
28.9
29.4
29.7
302
312
323
1.0
1.8
12
12
1.7
19.0
17.3
1.7
10.1
1.0
1.8
17.3
15.4
1.9
8.8
1.0
13
175
15.7
1.9
9.0
1.0
1.B
17.7
15.9
13
92
5
2.3
26.1
192
15.9
10.7
52
3.4
6.9
1.7
18.1
18.6
16.4
1.8
9.3
16.9
1.7
823
863
862
875
89.8
893
932
492
51.4
503
51.4
523
515
542
15.7
28
10.6
5.6
3.6
8.6
2.9
15.7
3.3
.6
2.6
29.6
20.1
16.4
10.8
5.6
3.7
9.5
2.9
15.9
1.9
-1.0
2.9
30.1
20.3
165
10.9
5.6
3.8
93
2.9
16.0
15
-1.1
2.6
30.8
20.5
16.7
11.0
5.7
33
10.3
3.0
162
33
1.1
2.6
29.9
20.0
16.3
10.7
5.6
3.7
93
2.9
16.4
15
-.9
2.4
30.3
20.6
16.5
10.8
5.7
42
9.7
3.3
16.7
3.1
.7
2.4
31.1
21.1
163
11.0
53
4.3
10.0
3.3
327
33.4
34.6
35.4
36.1
37.0
38.1
393
12
12
13
20.1
18.4
1.7
10.3
1.4
13
1.4
1.9
21.7
193
1.9
15
1.9
1.3
1.7
19.6
17.9
1.7
102
1.4
1.7
20.5
793
15.7
1.7
-5
2.3
26.9
193
16.3
10.7
5.6
35
7.1
22
-.1
22
28.4
19.8
162
18.8
1.7
11.0
21.1
19.3
13
112
11.1
222
20.3
1.9
11.4
1.4
2.1
22
22.9
203
23.6
21.4
2.1
22
11.7
11.8
Table 3.8A.—Government Purchases by Type in Constant Dollars: Annual, 192^-58, and Quarterly, 1947-58
[Billions of 1987 dollars; quarters seasonally adjusted at annual rates]
Line
Government purchases
Federal
Durable goods
Nondurable goods
Commodity Credit Corporation inventory change ..
Other nondurables
Services
Compensation of employees
Natinnat fldlAnu
Militarv
Civilian
N/wfafonu
iimtuon?!IOQ
Other services
Structures .........
State and local
Durable goods
Nondurable goods
Services
Compensation of employees .
Other services
Structures
Government purchases
Durable goods
Nondurable goods
Commodity Credit Corporation inventory change ..
Other nondurables
Services
Compensation of employees
National defense
.
Military.
Civilian
.........
....
Nondefense
Other services
Structures
State and local
Durable goods
Nondurable goods
Services
Compensation of employees
Other services
Structures
1930
1931
1932
1934
1933
1937
1936
1935
1939
1938
1941
1940
1942
122.0
125.5
120.5
116.1
131.4
135.7
158.6
1522
162.5
174.0
180.7
289.1
586.0
867.7
2
21.9
24.4
24.9
255
30.9
40.0
40.2
63.5
56.8
62.3
65.1
765
189.0
4925
781.1
3
4
5
6
7
8
9
10
11
12
13
14
.3
.9
0
.9
19.1
16.7
.5
1.0
0
1.0
20.6
18.1
.6
1.1
0
1.1
19.9
17.2
.5
.9
0
.9
19.5
16.4
.9
1.3
0
1.3
245
20.2
2.8
1.6
0
15
31.2
26.6
2.3
1.0
0
1.0
32.0
29.3
2.3
1.7
0
1.7
52.5
48.7
2.3
1.7
0
1.7
45.7
42.1
2.9
1.9
0
1.9
515
47.3
3.2
3.3
1.5
1.8
53.4
485
4.0
2.3
.6
1.7
60.4
54.7
325
5.7
-.8
6.5
111.8
91.9
136.4
40.8
1.3
39.5
224.9
183.8
280.8
66.4
-15
67.9
385.4
351.3
2.4
1.5
2.5
25
2.7
3.2
3,1
5.0
4.0
4.5
4.6
4.4
2.7
4.9
3.8
7.0
3.6
7.1
3.8
6.3
55
52
5.8
9.4
20.0
39.3
41.1
90.3
34.1
48.5
15
90.7
97.6
100.7
94.6
855
91.4
95.6
95.1
95.4
1005
1085
104.5
1005
93.5
86.7
16
17
18
19
20
21
2.1
3.1
62.6
59.9
3.0
22.8
1.8
3.7
65.1
62.0
3.1
27.0
2.0
4.3
67.1
63.8
3.3
27.2
1.9
4.8
66.5
63.0
3.5
21.4
1.6
4.8
66.7
635
3.5
12.2
1.4
5.2
72.6
67.5
5.1
12.2
1.5
4.9
77.0
71.1
5.9
12.3
1.4
4.4
71.5
66.4
5.1
17.8
1.8
4.2
73.6
68.3
5.3
15.7
2.0
4.9
77.0
71.1
55
16.3
2.3
5.2
78.4
72.1
6.3
23.1
1.8
5.4
79.1
72.6
6.6
185
1.4
5.5
80.0
73.1
7.0
13.3
1.1
5.4
78.6
71.9
6.8
8.4
.8
5.1
75.6
69.9
5.7
52
1944
1945
1946
1947
1949
1948
1950
1951
1952
1954
1953
1955
1958
1957
1956
968.0
829.4
271.0
218.8
240.6
269.3
284.5
397.0
467.6
489.8
454.7
441.7
444.0
2
884.3
742.9
175.4
110.7
126.3
1395
145.6
256.3
324.6
339.7
292.7
268.7
2645
276.1
2725
3
4
5
6
7
8
9
10
11
12
13
14
334.9
73.8
.9
72.8
453.4
419.9
245.4
53.5
-.8
54.3
429.6
399.4
19.0
3.4
-1.3
4.7
151.5
147.1
10.0
1.9
.2
1.7
96.2
87.2
16.4
5.3
.7
4.6
99.7
88.3
22.5
9.2
3.0
6.2
101.2
90.8
23.9
6.5
.8
5.7
106.9
97.2
55.3
12.7
-.5
135
173.3
147.2
33.5
22.2
30.2
14.3
4.5
1.4
9.0
2.7
11.4
4.9
10.4
7.0
9.7
8.3
26.1
14.9
86.2
17.9
.5
17.3
200.0
165.4
141.8
104.8
37.0
23.7
34.6
20.5
87.8
31.6
4.0
27.6
200.2
160.7
138.9
103.1
358
21.8
39.5
20.1
74.1
21.2
3.3
17.9
180.6
151.0
130.4
97.3
33.1
20.6
29.6
16.9
60.7
13.0
3.4
9.6
182.3
144.1
123.3
90.2
33.1
20.8
38.1
12.7
62.6
10.8
.5
10.3
178.6
141.0
119.7
86.3
33.5
21.3
37.6
12.7
62.7
11.5
.3
11.3
188.5
139.9
118.0
845
33.1
21.9
48.6
13.4
64.4
12,1
.8
11.3
179.5
133.8
111.2
80.4
30.8
22.6
45.7
16.0
15
83.7
865
95.6
108.1
114.3
1295
138.9
140.7
1435
150.1
162.0
173.0
1795
1895
204.0
16
17
18
19
20
21
.8
5.0
73.6
68.2
5.4
4.3
.8
5.0
75.6
705
5.3
5.2
12
1.8
4.7
87.4
80.5
6.9
145
2.3
4.4
89.2
82.7
6.5
18.4
2.4
5.6
96.0
88.6
7.3
25.5
2.5
6.3
100.9
91.6
9.4
29.2
2.6
5.3
102.6
93.7
8.8
30.2
25
5.3
104.5
96.7
7.7
30.4
3.0
5.2
108.6
101.0
7.6
33.3
3.3
5.4
113.1
105.4
75
40.1
3.2
6.3
119.4
110.1
9.2
44.1
3.6
5.8
125.0
117.1
7.9
445
4.4
5.9
131.4
123.5
80
47.4
4.4
7.3
139.9
131.0
8.9
52.4
4.4
80.8
745
6.0
92
1947
1
Government purchases
Durable goods
Nondurable goods
Commodity Credit Corporation inventory change ..
Other nondurables
Services
Compensation of employees
National defense
Military
Civilian
Nondefense
Other services
Structures
State and local
Durable goods
Nondurable goods
Services
Compensation of employees
Other services
Structures
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
476.0
1
465.3
1948
1950
1949
Line
Federal
1943
112.6
line
Federal
1929
1
II
111
IV
1
II
111
IV
I
II
III
IV
I
II
111
IV
1
2175
2175
221.3
219.4
229.7
235.7
242.3
2545
2595
2705
2755
272.0
2715
276.6
284.3
3055
2
112.6
110.0
111.9
1085
118.7
122.4
1275
136.8
137.1
142.3
143.1
1365
133.7
137.7
145.1
1655
3
4
5
6
7
8
9
10
11
12
13
14
10.2
15
-.5
1.7
1005
92.8
9.2
2.4
.8
1.6
96.3
86.5
10.5
2.0
.4
1.6
96.0
86.0
10.0
1.8
0
1.8
91.9
83.6
16.1
3.3
-.5
3.8
94.5
85.9
15.8
5.1
.3
4.8
96.5
85 2
15.0
5.8
1.3
4.5
101.3
89.3
18.7
6.9
1.8
5.1
106.3
92.7
19.5
8.9
3.0
5.9
103.2
92.3
22.6
10.1
3.7
6.3
103.8
92.1
24.0
9.1
2.7
6.4
101.9
91.0
23.7
8.7
2.5
6.2
95.9
87.8
21.4
65
2.1
4.7
98.1
85.9
21.7
85
3.3
4.9
99.3
90.3
26.6
5.1
-1.0
6.1
105.3
96.0
25.8
5.8
-1.1
6.9
125.0
116.5
8.0
.5
9.8
25
10.0
3.4
8.3
4.6
8.6
4.8
11.3
5.0
11.9
5.3
13.7
4.8
10.9
5.5
11.7
5.8
10.9
8.1
8.1
8.5
12.1
7.3
9.0
8.4
9.3
8.1
8.5
9.3
15
104.9
107.1
109.4
111.2
111.0
113.3
115.1
117.7
1225
1275
132.7
1355
1375
138.9
139.2
139.6
16
17
18
19
20
21
1.7
4.6
85.1
78.6
6.5
13.5
1.8
4.7
86.9
80.0
6.9
13.8
1.9
4.8
88.4
81.3
7.1
14.4
1.9
4.7
89.3
82.2
7.1
153
2.5
4.3
88.5
82.0
6.5
15.6
2.4
4.4
88.7
82.0
6.7
17.8
2.2
4.4
89.1
82.7
6.4
19.3
2.2
4.6
90.3
84.0
6.3
20.6
2.1
5.1
92.8
85.9
7.0
22.2
2.4
5.5
94.9
87.9
7.1
252
2.6
6.5
100.6
91.3
9.3
285
2.6
6.4
100.9
91.4
9.4
29.0
2.5
65
101.0
91.6
9.4
29.6
2.3
6.0
101.3
91.9
93
30.0
2.6
5.8
975
89.7
7.5
275
2.7
6.0
99.0
91.1
7.9
27.5
Table 3.8A.-Government Purchases by Type in Constant Dollars: Annual, 1929-58, and Quarterly, 1947-58-Continued
[Billions of 1987 dollars; quarters seasonally adjusted at annual rates]
1951
Government purchases..
Federal
Durable goods .
Nondurable goods .
Commodity Credit Corporation inventory change ..
Other nondurables
Services
Compensation of employees .
National defense
Military
Civilian .
Nondefense .
Other services .
Structures
State and local .
a goods
Nondurable goods .
Services..
Compensation of employees .
Other services
Structures
1954
1953
Line
336.1
3823
445.8
453.7
466.8
471.6
4782
4883
4944
4902
485.6
4704
4575
4493
1973
2423
281.7
3042
3113
322.6
330.1
333.7
341.4
346.9
3392
3313
3112
297.7
285.4
36.0
11.6
-1.3
12.9
138.1
1252
12.4
-.7
13.1
166.5
145.0
605
13.4
.1
13.3
191.9
158.5
76.2
13.6
-.1
13.7
196.7
159.9
33.3
15.9
36.8
17.6
88.4
18.1
.6
175
202.4
166.9
1429
105.6
37.4
23.9
35.6
21.1
912
19.1
1.3
17.7
202.3
163.3
139.7
103.1
36.6
23.7
39.0
21.2
87.9
302
3.4
263
201.4
163.0
140.3
103.1
372
22.7
38.4
213
41.4
20.6
87.4
31.6
35
28.0
200.9
161.1
1395
103.9
35.6
21.5
39.9
192
85.8
32.0
33
21.4
145
86.1
17.8
.4
17.4
198.4
167.1
143.4
1062
37.2
23.7
31.3
20.2
902
32.6
52
27.4
2035
162.1
140.0
103.7
36.3
12.9
11.6
79.2
16.4
-2
16.7
196.9
164.4
141.0
104.2
36.9
23.4
32.5
19.3
195.0
156.7
135.9
101.7
342
20.8
38.3
185
83.2
21.6
4.3
17.3
187.7
153.3
132.7
99.1
33.7
205
34.4
183
76.8
203
2.9
17.3
183.8
151.3
1305
97.6
32.9
20.8
32.5
16.9
70.5
19.4
2.1
17.4
179.3
150.5
130.2
97.0
332
20.2
28.9
16.1
138.7
140.8
141.6
141.6
141.8
1443
1415
1445
1475
1475
1513
1543
1592
159.9
163.9
2.6
5.4
101.6
92.5
9.1
29 2
2.6
5.3
2.6
5.3
102.9
94.1
8.7
30.8
2.6
5.3
103.6
95.0
8.6
30.1
2.8
5.1
1032
95.6
7.6
30.8
2.8
5.9
1052
962
9.0
30.3
2.8
5.0
104.1
97.1
7.0
29.6
2.8
52
105.4
98.1
7.3
31.0
2.9
5.4
107.1
992
8.0
32.0
3.0
5.1
1075
100.3
72
31.9
3.0
5.3
109.6
101.7
7.9
33.1
3.0
5.1
110.1
102.8
7.3
36.1
3.3
52
1115
1033
7.7
392
32
52
1122
104.7
7.4
39.3
3.3
5.6
113.9
105.8
8.1
III
IV
III
IV
III
IV
102.1
93.3
8.9
30.8
1955
22.1
1956
282
41.1
1958
1957
Line
1
Government purchases
Federal
Durable goods
Nondurable goods
Commodity Credit Corporation inventory change ..
Other nondurables
Services
Compensation of employees
National defense
Military
Civilian
Nondefense
Other services
Stiuctures
State and local ..
Durable goods
Nondurable goods
Services
Compensation of employees
Other sen/ices
Structures
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
II
1
II
1
II
1
II
III
IV
1
4493
4395
442.7
435.1
434.9
443.3
4435
454.1
461.7
4623
468.7
4673
4665
4763
476.3
484.1
2
2783
266.6
2694
2604
258.7
2645
263.6
2723
276.1
275.7
278.8
2733
2673
2743
2705
2743
3
4
5
6
7
8
9
10
11
12
13
14
63.6
11.8
2.3
9.5
189.0
147.3
126.6
942
32.4
20.7
41.7
14.0
615
13.8
4.0
9.9
177.9
143.6
123.1
902
32.8
205
34.3
13.4
60.2
14.2
4.4
9.8
182.9
143.0
122.0
88.5
33.5
21.0
39.9
122
57.3
12.4
2.9
95
179.3
1426
121.6
88.0
33.6
21.0
36.8
11.4
592
112
1.1
10.2
177.1
141.7
1205
87.6
32.8
21.3
35.4
11.1
632
11.4
1.3
102
177.6
1402
119.1
86.3
32.9
21.0
37.5
12.3
63.6
10.1
-.5
10.7
176.1
141.0
119.7
85.7
34.0
21.3
35.1
13.8
64.6
10.4
.1
10.3
183.6
1412
119.6
85.4
34.1
21.6
42.4
13.6
61.3
12.7
15
112
1885
140.9
119.0
85.6
33.4
22.0
47.6
135
62.7
10.3
-1.4
11.7
189.6
1412
119.0
85.8
332
222
48.4
13.1
63.8
9.5
-1.4
10.9
1913
141.3
1192
85.7
335
22.1
50.5
133
62.8
13.6
2.3
11.3
184.0
136.1
114.8
82.6
322
21.3
47.9
13.3
63.5
9.7
-1.4
11.1
179.6
1335
1112
80.7
30.5
22.3
46.0
15.0
65.9
12.9
1.6
11.3
181.0
133.1
110.6
80.5
30.1
22.4
47.9
15.1
63.9
12.1
.7
11.4
178.3
134.4
111.7
80.4
31.3
22.7
44.0
16.2
64.3
13.7
2.5
11.2
1792
134.2
111.3
80.0
31.3
22.9
45.0
17.7
15
1703
173.0
173.3
174.6
1763
178.7
180.0
1813
185.7
1B72
1893
1943
1983
2020
205.9
209.2
16
17
18
19
20
21
32
6.3
117.6
107.9
9.7
43.8
3.3
6.4
1185
109.0
9.5
44.9
32
6.3
119.9
110.8
9.1
43.9
3.1
62
121.4
1127
8.7
43.9
3.4
53
122.0
113.7
8.3
45.0
3.6
53
124.3
116.3
8.0
45.2
3.7
5.8
126.1
118.3
7.8
44.4
3.7
5.9
127.8
120.1
7.8
44.4
42
5.6
128.7
120.9
7.8
472
4.4
.53
1302
122.3
7.9
463
45
6.1
132.4
124.3
8.1
46.9
4.6
6.3
1345
126.3
8.1
48.6
4.3
6.8
136.5
127.7
8.9
51.1
4.4
72
139.4
130.1
9.3
51.0
4.4
7.5
141.1
132.2
8.6
52.9
45
75
142.5
134.0
8.5
54.6
Table 3.9A.—Government Purchases Gross and Net of Sales by Type
[Billions of dollars]
Line
Government purchases
Federal
Durable goods
Gross purchases
Less: Sales
Nondurable goods
Commodity Credit Corporation inventory change ..
Gross purchases
Less: Sales
Other
Gross purchases
Less: sales
Services
Gross purchases
Less: Sales
Structures1
State and local
Durable goods
Gross purchases
................
Less- Sales.
......
Nondurable goods
Gross purchases
.....
Less: Sales
Services
Gross purchases
Less: Sales
Tuition and related educational charges
Health and hospital charges
Other sales
Structures1
1
1930
1929
8.6
2
Durable goods
Gross purchases
Less: Sale;
Nondurable goods
Commodity Credit Corporation inventory change ..
Gross purchases
Less: Sales
Other
Gross purchases ..
Less: Sales
Services .
Gross purchases .
Less: sales
Structures1
State and local .
Durable goods
Gross purchases .
Less: Sales
Nondurable goods .
Gross purchases .
Less: Sales
Services
Gross purchases .
Less: Sales .
Tuition and related educational charges
Health and hospital charges
Other sales
Structures1
1939
1938
1941
1940
1942
1943
92
8.1
7.9
9.7
104
12.1
11.7
12.7
135
13.8
24.8
59.5
88.9
1.6
1.7
1.6
2.1
34
3.0
52
4.7
52
55
6.0
17.1
52.0
81.7
.1
.1
0
.2
0
0
0
.1
.1
0
.1
0
0
0
.1
.1
0
1.1
1.1
0
.3
.1
.1
0
.2
0
0
0
2
2
0
1.5
1.5
0
.3
.3
.3
0
.2
0,
0
0
2
2
0
2.1
2.1
0
.4
.4
.4
0
.1
0
0
0
.1
.1
0
2.0
2.0
0
.5
.4
.4
0
2
0
0
0
.2
.2
0
3.9
3.9
0
.6
.6
.6
0
0
0
0
0
0
.3
.3
0
3.4
3.4
0
.7
22.0
22.0
0
62
.6
0
0
5.6
5.6
0
14.9
15.0
.2
9.0
42.8
42.8
0
9.0
-.4
0
0
9.4
9.5
.1
24.6
.4
.5
0
.3
.3
0
3.9
3.9
0
.6
.6
.3
0
0
.2
.3
0
3.9
3.9
0
.5
.5
.3
0
0
.2
2
0
4.1
4.1
0
.8
5.8
5.8
0
.9
2
0
0
.7
.7
0
6.9
7.0
0
3.4
7.1
7.4
8.1
75
7.7
7.6
73
.3
.3
.3
.3
2
2
.1
.7
.7
.8
.8
.8
.9
1.0
T.o
4.8
4.3
45
4.8
4.8
5.0
5.2
5.3
5.5
"i
0
12
1.2
0
2
2
.1
.1
0
.1
0
0
0
.1
.1
0
12
12
0
.3
17
7.1
7.6
75
6.4
5.9
65
64
6.9
18
19
20
21
22
23
24
25
26
27
28
29
30
.3
.3
.3
2
.2
2
2
2
5
.6
.6
.6
.6
4
.8
35
4.1
42
4.0
4.0
4.5
.1
2
2
.4
.4
0
0
0
0
.1
0
0
0
.1
.1
0
1.1
12
0
.3
.3
0
0
.3
.3
252
.6
5.3
2
2
.1
2
.1
2
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
2A
2.6
2.4
15
1.1
1.2
1.1
1.7
1.6
1.6
22
1.8
1.5
1.1
.7
.1
1945
1947
1946
1948
1949
1950
1952
1951
1954
1953
1958
1957
1956
1955
964
835
292
262
31.4
385
395
602
744
814
76.0
75.8
79.8
87.4
935
895
75.4
19.6
134
165
21.0
202
394
52.4
56.8
49.0
462
475
51.6
54.0
45.3
45.3
0
11.0
.5
0
0
10.4
10.6
2
30.9
315
1.0
2.3
33.0
33.0
0
7.5
-.4
0
0
7.9
8.3
.4
33.3
35.0
1.7
1.5
22
2.2
0
.4
-.5
0
0
1.0
1.7
.7
16.7
18.5
1.7
2
1.3
15
0
.3
.1
0
0
.3
.6
.3
11.7
11.7
0
.4
2.7
2.8
0
1.4
.3
0
0
1.1
1.3
.1
11.4
11.5
.1
.9
4.3
4.3
0
2.9
1.5
0
0
1.4
1.5
.1
1Z5
12.5
0
1.3
4.5
4.6
0
1.4
.3
0
0
1.1
12
0
12.8
12.8
0
15
12.8
125
.1
2.4
-.4
0
0
2.8
2.9
.1
20.9
21.2
.2
2.9
19.7
19.7
.1
3.3
2
0
0
3.1
32
.1
25.4
25.4
0
4.0
19.7
19.8
.1
6.9
2.0
0
0
4.8
4.9
.1
26.3
26.3
0
3.9
16.4
16.5
.1
5.5
1.9
0
0
3.6
3.7
.1
24.0
24.0
0
32
13.7
13.8
.1
4.0
2.0
0
0
2.0
2.1
.1
26.2
26.4
.2
2.3
15.4
15.5
.1
2.4
2
0
0
2.3
2.4
.1
27.1
272
.2
2.6
15.9
16.0
.1
2.6
-.1
0
0
2.7
3.1
.4
30.1
30.3
2
2.9
16.8
16.9
.1
27
.3
0
0
2.4
2.5
.1
31.0
31.3
5
3.6
7A
74
94
114
145
175
195
215
225
242
27.0
29.6
325
35.8
39.5
.1
.1
2
.4
.6
.6
.6
.7
.8
.8
.9
1.0
1.2
1.4
1.4
4
i"o
1.0
12
12
1.4
1.7
1.6
15
1.5
1.6
1.8
1.7
1.8
22
7.1
8.4
9.5
10.7
11.7
127
13.7
14.8
162
17.7
19.3
21.4
23.7
2
.5
.3
.5
.3
.6
.4
.9
9.1
10.1
Vi'i
122
..............
"57
6.1
.1
2
.1
2
.1
2
.1
2
.1
2
.1
.3
.1
2
2
2
2
.3
.3
.3
.4
.4
.6
7
1.4
2.5
3.5
4.8
5.3
6.3
6.5
7.1
8.3
1. Separate estimates of gross purchases and sales of structures are not available.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
1937
1936
1935
92
3
4
5
6
7
8
9
10
11
12
13
14
15
16
J44
Government purchases .
Federal
1934
1933
1932
1931
.
Table 3.12.—Government Transfer Payments to Persons
[Billions of dollars]
Une
1929
1930
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 .
Railroad employees
Federal employees
Special unemployment benefits .
Federal employee retirement
Civilian1
Military2
Railroad retirement
Pension benefit guaranty
Veterans life insurance
Workers' compensation
Military medical insurance3
Benefits from social insurance funds
State and local employee retirement .
Temporary disability insurance
Workers' compensation
Public assistance
Medical care .
Aid to families with dependent children .
Supplemental security income6
General assistance .
Energy assistance
Other
Education
Employment and training
1939
1941
1940
1942
1943
15
1.6
13
23
13
2.4
25
2.7
2.6
27
25
.7
.7
1.7
3
.7
5
3
2.1
3
12
13
1A
1.4
1.4
12
.1
.1
.1
.1
.1
.1
.1
.1
2
o
.7
o
.8
o
.9
o
3
.8
j
.6
2
o
o
* *4
*4
.4
.4
.1
0
0
0
0
0
0
.1
0
0
0
0
0
0
0
0
0
0
.5
.1
.1
.1
.1
.1
.1
.1
.1
.1
0
.1
.1
.1
0
0
A
.1
.1
.1
,4
'3
0
"i
A
4
3
0
1
0
0
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
,1
.1
0
.1
.1
.1
.1
.1
.4
.4
.5
.4
.4
.4
.4
.4
.4
.4
.5
.4
15
5
.7
5
.5
.4
"A
.1
To
2
.1
A
.1
.1
A
.1
A
A
A
o"
0"
0
.1
2
5
3
1.0
12
3
13
12
13
13
12
12
12
.1
.1
.1
.1
.1
.1
A
.1
.1
.1
.1
.1
2
2
2
2
2
2
.2
2
.2
2
.1
J
2
.3
.1
.1
.1
.1
"i"
Government transfer payments to persons .. 1
Federal.
2
>44
1944
.1
.1
.4
.3
.4
.4
1.8
.4
5
.4
5
.4
1.4
,1
A
2
2
2
,'l
1947
1946
.7
1.0
.6
3
1.0
13
1.0
1.0
1.0
.9
.1
A
2
.4
5
5
.6
.7
3
.8
5
7
.8
.4
A
"~5
5
.4
.3
2
.1
.1
'.'{
A
.1
.1
.1
.1
.1
.6
„
A
A
.1
1945
3
1949
1948
1950
...
A
1952
1951
A
1954
1953
1955
1957
1956
1958
3.1
5.6
103
112
10.6
11.7
14.4
115
122
13.1
153
16.4
175
20.3
24.7
1.8
4.3
9.1
83
75
8.7
10.8
85
83
95
115
12.4
13.4
15.7
19.6
.7
2
15
.3
4.0
.4
3.1
.5
2.9
.6
42
.7
6.5
1.0
4.7
1.9
52
22
6.1
3.0
8.0
3.6
8.7
4.9
9.6
5.7
11.9
7.3
15.5
8.5
.1
.1
.6
.4
0
.1
2.6
1.1
0
1.5
1.6
5
.1
3
1.3
.8
.1
.4
22
1.7
.1
.4
1.5
1.4
.1
0
0
0
1.0
.1
0
l"l
1.0
.1
0
2.3
2.0
2
.1
1.6
1.3
.1
.1
1.6
1.4
.1
.1
1.9
1.7
.1
.1
42
3.8
.3
2
3
2
.1
.1
5
.3
.1
2
.4
.3
2
2
.5
2
3
3
'.6
.3
.3
.3
"*7
3
.4
.4
.8
.4
.4
5
.8
.4
.4
5
.9
5
.5
.6
1.1
.6
.5
.6
1.2
.6
.6
.7
1.4
.7
.6
.7
3
.4
3
0
0
2
.1
.1
.1
........
3
.6
0
2
26
.9
0
1.6
A
2
2
.3
'.9
3
£
.3
3
.3
....
;;
0
0
0
0
13
0
0
.7
0
.6
0
0
0
.6
.1
.6
.1
.7
.1
5.0
1.6
13
2.1
55
2.0
13
1.6
4.4
2.1
1.9
.4
42
2.1
1.9
2
4.0
22
1.7
.1
35
21
12
2
33
22
.6
5
32
24
5
.4
3.3
25
.5
.3
3.7
2.7
5
.3
3.7
2.8
.7
2
3.8
2.9
.7
.1
3.8
3.1
.6
.1
.1
.1
.1
2
3.6
33
43
42
45
5.1
5
.6
2
25
.1
5
1.7
2
.9
.7
.1
2
2.6
2
.6
1.7
2
1.0
.8
.1
2
2.7
2
.6
1.7
2
12
.9
.1
2
1.3
1.0
.1
2
3.0
2
.7
1.8
2
1.5
1.1
.1
.3
3.4
.3
.8
1.9
.3
0
0*'
0
.7
..............
........
**"*"•
..............
2
13
1.7
2
2
2
2
3
.3
0
0
3
0
0
1.0
3
3
........
....
*
.3
"*3
.3
.3
2
3.0
33
35
3.1
35
5
.3
.7
5
0
.1
2.3
3
5
0
2
2.4
.1
5
1.6
2
.4
.3
A
0
0
0
0
.1
12
.1
15
.1
1.7
.1
22
.6
.4
0
.1
23
...
3
1.0
2
12
2
1.4
3
.6
15
3
5
15
2
5
3
.7
2
.1
.4
.3
A
„„
"
."i"
£
...
23
A
3
12
.1
1. Consists of civil service, foreign service, Public Health Service officers, Tennessee Valley Authority, and several
small retirement programs.
2- includes the Coast Guard.
„ 3. Consists of payments for medical services for dependents of active duty military personnel at nonmffitary facilities.
4. Consists of mustering out pay, terminal leave pay, and adjusted compensation benefits.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
1938
U
0
Une
Benefits from social insurance funds
State and local employee retirement
Temporary disability insurance
Workers' compensation
Public assistance
Medical care .
Aid to families with dependent children ,
Supplemental security income6
General assistance
Energy
(hor7
Other
Education
E^^em'^'t^niri"
1937
1936
2.1
"i
ai .
1935
13
5
.4
State and local
Food stamp benefits
Black lung benefits .
Supplemental security income
Direct relief
Earned inoome credit .
Other3
1934
1933
3
.1
Food stamp benefits..
Black lung benefits .
Supplemental security income .
Direct relief
Earned income credit
Other3
Veterans benefits..
Pension and disability .
Readjustment
Other*
1932
0
Veterans benefits
Pension and disability
Readjustment
Other4
Benefits from social insurance funds
Old-age, survivors, and disability insurance
Hospital and supplementary medical insurance ....
Unemployment insurance
State
Railroad employees
Federal employees
Special unemployment benefits
Federal employee retirement
Civilian1
Militaty2
Railroad retirement „
Pension benefit guaranty
Veterans life insurance
Workers' compensation
Military medical insurance3
1931
O"
3
A
0
2
2
3
za
2
.6
1.7
2
A
2
.1
2
2
5. Consists largely of payments to nonprofit institutions and aid to students.
6. Prior to 1974, consists of old-age assistance, aid to the blind, and aid to the permanently and totally disabled,
which were party federally funded.
7. Consists of emergency assistance and medical insurance premium payments paid on behalf of indigents.
& Consists largely of foster care, veterans benefits, Alaska dividends, and crime vicim payments.
Table 3.14.—Social Insurance Funds Receipts and Expenditures
[Billions of dollars]
Line
1930
1929
1932
1931
1934
1933
1938
1937
1936
1935
1940
1939
1941
1942
1943
Federal
Receipts
5
2
2
2
2
2
2
2
5
15
15
2.1
25
2.7
3.4
4.5
2
2
2
2
2
2
2
.4
1.6
1.8
1.9
2.1
2.6
35
4.2
3
4
5
6
.1
.1
.1
0
.1
.1
.1
0
.1
.1
.1
0
.1
.1
.1
0
.1
.1
.1
0
.1
.1
.1
0
.1
.1
.1
.1
.3
.1
.5
1.3
.1
15
.5
15
5
1.3
.5
1.5
.2
1.4
.7
1.9
5
1.7
1.0
25
5
2.0
1.7
2.5
0
.5
12
.1
1.0
2.3
7
0
0
0
0
0
0
0
1
Contributions for social insurance
Personal contributions
Employer contributions
Government
Other
Interest received
Expenditures
Administrative expenses (purchases)
Transfer payments to persons
Surplus or deficit H
.1
.1
8
0
.1
.1
.1
.1
0
.1
0
.1
0
.1
2
2
2
.1
.1
.2
.2
5
.3
.1
2
5
5
5
1.1
1.0
1.0
.1
.1
.7
5
.8
.1
.9
5
.8
.2
.8
J
2
.6
0
9
10
0
.1
.1
0
.1
.1
.1
.1
11
.1
.1
.1
.1
.1
0
.1
5
2
15
1.1
1.1
15
15
25
3.7
12
.1
.1
2
2
5
5
.3
5
5
.4
A
.1
.1
2
2
2
2
.1
2
2
2
13
2
2
5
5
.3
.3
.3
.3
.3
14
15
16
17
0
.1
.1
0
.1
.1
.1
0
.1
.1
.1
0
.1
.1
.1
0
.1
.1
.1
0
.1
.1
.1
0
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
5
.2
.1
5
5
.1
.1
5
.2
.1
0
0
18
0
0
0
0
0
0
0
0
0
State and local
Receipts
Contributions for social insurance
Personal contributions
Employer contributions
Government
Other
.
Interest and dividends received
Expenditures
Administrative expenses (purchases)
Transfer payments to persons
Surplus or deficit (-)
19
.1
.1
.1
.1
.1
20
21
0
.1
0
.1
0
.1
0
.1
0
.1
22
.1
.1
.1
.1
.1
Line
1944
1945
1947
1946
1948
.1
0
.1
.1
0
.1
.1
1949
1950
0
0
0
0
.1
.1
.1
5
5
5
5
.1
.1
5
5
5
.2
5
.1
.1
.1
.1
5
5
5
1951
1954
1953
1952
2
2
2
1958
1957
1956
1955
.1
0
0
0
0
0
2
2
0
0
.1
5
.1
2
2
0
0
0
0
0
.1
.1
0
Federal
Receipts
Contributions for social insurance
Personal contributions
Employer contributions
Government
Other
Interest received
Expenditures
Administrative expenses (purchases)
Transfer payments to persons
Surplus or deficit (-)
1
55
6.4
7.7
6.7
55
65
75
8.4
85
9.0
95
11.1
125
14,3
14.5
2
4.9
5.9
7.1
6.1
55
5.6
65
7.5
7.8
75
8.7
9.9
115
12.9
13.1
3
4
5
6
2.1
2.8
.5
2.3
2.2
3.8
1.7
2.1
1.8
5.3
3.3
2.1
15
45
1.8
2.4
15
3.3
1.0
2.3
1.9
3.8
1.4
2.3
2.4
3.8
.8
3.1
2.9
4.6
.9
3.7
35
4.6
.9
3.7
3.3
45
.8
3.8
3.9
4.8
.7
4.1
4.4
5.5
1.0
4.5
4.9
6.3
1.3
5.0
5.7
7.2
1.7
5.5
5.8
7.4
2.0
5.4
7
.4
.5
.6
.7
.8
.9
.9
.9
1.0
1.1
15
1.2
1.3
1.4
1.3
8
.9
1.7
45
35
3.1
AA
65
5.1
55
6.4
8A
9.1
10.1
12.3
16 2
9
10
5
.7
5
15
5
45
.1
3.1
5
2.9
2
4.2
.3
65
.4
4.7
.3
55
.3
6.1
.3
8.0
.5
8.7
.5
9.6
.4
11.9
.6
15.5
11
45
4.7
35
35
25
21
A
35
35
25
15
2.0
2A
2.0
-1.7
State and local
Receipts
Contributions for social insurance
Personal contributions
Employer contributions
Government
Other
Interest and dividends received
Expenditures
Administrative expenses (purchases)
Transfer payments to persons
Surplus or deficit (-)
12
A
5
.7
5
1.0
1.1
15
15
15
2.0
25
2.4
27
35
32
13
A
.4
.6
.7
5
.9
1.1
1.4
1.6
1.7
2.0
2.1
2.3
2.6
2.8
14
15
16
17
.1
5
5
0
5
5
.2
0
5
.4
.3
.1
5
.4
.3
.1
.3
5
.4
.1
.4
.6
.4
7
7
8
,9
5
.6
5
.6
.9
.7
5
1.0
.8
5
15
1.0
.3
1.3
1.0
.3
1.4
1.1
.3
1.0
1.6
1.3
.3
1.1
1.7
1.4
.3
18
.1
.1
.1
.1
.1
A
5
5
5
5
.3
.3
.4
.4
19
5
5
.4
A
A
5
5
.7
1.0
15
15
15
£
1i
20
21
0
5
0
5
0
.3
0
.4
0
.4
0
.5
o
0
22
5
5
.3
A
5
.6
NOTE.—In this table interest and dividends received is included in receipts; in tables 3.1, 3.3, 3.15, 3.17, and
9.4, interest received and dividends received are netted against expenditures.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
.4
A
.7
5
5
5
5
5
.7
5
.8
.9
1.0
0
1.2
0
1.3
.1
t£
.7
5
1.0
1.1
15
1.3
15
1.7
1.8
0
0
0
0
Table 3.15.—Government Expenditures by Function: 1952-58
[Billions of dollars]
Line
Total1
1952
1953
1954
1957
1956
1955
1958
104.0
114.9
125.4
3.6
3.7
3.9
22
2.0
1.9
2.0
0
0
0
0
0
415
38.9
40.6
445
462
1
93.5
1002
97.0
985
Central executive, legislative, and judicial activities
2
3.0
3.0
3.1
32
International affairs
3
2.3
2.1
1.9
Space
4
0
0
National defense
5
46.1
48.9
Civilian safety
6
2.1
2.2
2.4
2.6
28
3.1
3.4
Education
7
82
9.2
105
11.8
12.9
14.0
15.7
Health and hospitals
8
22
2.3
23
2.4
2.6
3.0
3.1
Income support social security, and welfare
9
8.0
92
11.3
12.1
13.6
16.3
20.4
Veterans benefits and services
10
5.7
5.3
52
5.5
5.4
5.6
5.8
Housing and community services
11
1.3
1.1
1.1
.9
1.3
1.4
1.6
Recreational and cultural activities
12
.3
.3
.4
.4
5
.6
.6
Energy
13
.3
.3
.1
.1
.2
.3
.5
Agriculture
14
12
32
32
35
22
2.7
2.8
Natural resources
15
1.1
1.1
1.0
.9
1.1
1.2
1.4
Transportation
16
5.4
5.7
6.4
6.8
7.5
8.4
95
Postal service
17
.8
.6
.4
5
.6
.6
.7
Economic development, regulation, and services
18
.3
.3
.3
.3
.5
5
.6
Labor training and services
19
.3
2
.3
.3
.3
.3
.3
Commercial activities
20
-2
-2
-2
-2
-2
-.2
-2
Net interest paid2
21
4.7
4.8
5.0
5.0
5.5
6.0
5.8
Other and unallocable
22
5
.6
.7
.7
3
1.0
12
1. Equals Federal Government expenditures less grants-in-aid to State and local governments plus State and
local government expenditures. Total expenditures include employee compensation on a disbursement basis. The
estimates by function include employee compensation on an accrued basis. Wage accruals less disbursements (in
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
millions of dollars) is zero except as follows: 1952, 32; and 1953, -76.
2. Excludes interest received by State and local social insurance funds, which is netted against expenditures
for the appropriate functions.
Table 3.16.—Federal Government Expenditures by Type and Function: 1952-58
[Millions of dollars]
1953
1952
Line
Total1
1
Expenditures
Transfer payments and net
interest paid
Purchases
Grants-in-aid
to State and
local governments
Subsidies less
current surplus of government enterprises
Expenditures1
858
76,367
56,793
16,051
2,834
1,286
1,275
-1
12
12
2J093
216
1,877
208
206
2
1,885
48,982
49,000
143
Transfer payments and net
interest paid
Purchases
71,198
52,379
15*447
2,646
1,435
1,430
-6
11
11
2,282
270
2,012
264
262
2
2*018
8
46,144
46,185
Civilian safety .
Police
Fire
Correction
149
149
125
125
143
119
24
24
24
24
Education
297
90
199
353
103
19
Central ezecuttvt, legislative, and Judicial activities
Central administration and management
Tax collection and financial management
Legislative and judicial activities
Other
Grants-in-aid
to State and
local governments
Subsidies less
current surplus of government enterprises
613
„
-6
International affairs
Conduct of foreign affairs and informational activities
Foreign economic assistance
2,010
10
1,875
Space
National defense ...
-110
-110
Military activities Civil defense .
Foreign military assistance
Other
Elementary and secondary ...
Higher
General research and other.,
23
kxomt support, social security, and welfare
Retirement
CM-age and survivors insurance (social security).
Government employees, civilian
Government employees, military
Railroad
Disability
Disability insurance {social security) .
Government employees, civilian
Government employees, military
Railroad
10
240
66
7
344
157
72
115
304
150
64
90
6,121
134
4/157
1,530
7,254
190
5,415
1,649
3,104
2,251
69
63
6
365
293
4,016
3,058
358
205
395
314
69
63
293
189
371
3,035
2,188
293
189
3,947
2,995
358
205
389
314
293
58
155
80
Other.,
Unemployment insurance
.......„„„.„,
3
Regular
1,187
Extended
Other..
Medical care
Hospital and supplementary medical insurance
(Medicare).
Medicaid
Welfare and social services
Other
Veterans benefits and services
Disability and survivors compensation
Education
Insurance .
Hospitals and medical care
Other
3
76
Urban renewal and community development.
Housing .
Water and sewerage
Recreational and cultural activities
1,340
121
62
5,653
1,201
909
265
-34
29
3
-37
26
27
30
30
405
136
230
131
274
Agriculture
952
612
390
45
337
363
154
116
-
Transportation
Highways
Water
Air
Railroad ..
Transit .
Postal sarvic*
Economic development assistance
Regulation of commerce and finance
Labor training and servicas
Training programs
Other
Net Merest paid
Revenue sharing
See footnote(s) at end of table.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
63
167
84
I"068
992
192
192
1,243
1,151
1,046
954
194
194
I"
1,277
1,513
60
61
168
4,336
116
5,274
768
803
.........
110
4
461
1
1,394
107
61
1,095
4,120
59
26
2,468
514
744
53
118
2,468
593
744
851
847
618
222
8
-71
-24
8
"-71
-36
27
3
24
-47
310
2
12
109
45
201
295
53
2,897
2,617
2,382
45
297
173
2,329
45
45
242
-68
-77
379
104
275
-47
114
394
-77
46
41
132
845
793
924
864
60
714
490
1,267
602
560
532
72
506
460
596
520
151
59
429
114
537
136
834
20
64
129
3
33
28
33
96
37
37
814
104
90
14
597
614
-69
-69
......
4,461
234
53
'"ill
111
1,250
552
166
Economic development,regulation,and services .
167
84
3
366
—
6
58
155
80
2.304
905
803
913
728
Energy
Conservation and development of energy sources ...
Produrton and sale of power
Administration and regulation
Stabilisation of farm prices and income
Financing farm ownership and utilities
Conservatxw of agricultural resources
83
76
2,304
Housing and community services .
-
119
1
Health and hospitals
Natwal resources —
8
-108
4/161
4,557
4,557
Table 3.16.—Federal Government Expenditures by Type and Function: 1952-5a-Continued
(Millions of dollars]
1954
Expenditures'
Total1
Central executive, legislative, and Judicial activities
1955
Subsidies less
current surplus of government enterprises
Expenditures1
495
69,007
46,226
1*321
1,301
1,689
2,161
1^689
196
1.963
195
193
2
38,986
38,978
Transfer payments and net
interest paid
Purchases
70,397
49,025
1,269
1,247
1,875
184
1,691
186
41,619
41,619
17,964
Conduct of foreign affairs and informational activities
Foreign economic assistance
2,913
22
22
Central administration and management
Tax collection and financial management
Legislative and judicial activities
Other
International affairs.
Grants-in-aid
to State and
local governments
184
2
Transfer payments and net
interest paid
Purchases
19,093
Subsidies less
current turplus of gov
ernment en!erprices
Granti-tn-atd
to Slate and
local governments
3,120
568
20
20
1,966
5
1.961
Space
National defense
92
Military activities
Civil defense
Foreign military assistance
Other
70
22
Civilian safety
154
154
Police
Fire
Correction
125
125
29
Education
Elementary and secondary .
Higher
General research and other
387
Health and hospitals
397
1
10
61
87
284
9,244
227
7415
1,702
9,919
4,755
3,717
372
72
4,683
3.651
372
267
Retirement
Old-age and survivors insurance (social security).
Government employees, civilian
Government employees, military
Railroad
Disability
Disability insurance (social security)
Government employees, civilian
Government employees, military
Railroad
Other..
Unemployment insurance .
Regular
Extended
Other
Medical care .
Hospital and supplementary medical insurance
[Medicare).
Medicaid .
Welfare and social services .
Other
Veterans benefits and services ,
Disability and survivors compensation .
Education
Instance
Hospitals and medical care
.....
Other
Housing and community services
130
1
120
—
......
Urban renewal and community development Housing
Water and sewerage
Recreational and cuttrol activities .
Energy
Conservation and development of energy sources ...
Production and sale of power
Administration and regulation
Agriculture .
Stabilization of lanrn prices and income
Financing farm ownership and utilities
Conservation of agricultural resources
Olter ....„
Natural resources
Transportation
141
222
222
444
343
438
343
66
182
66
182
78
193
95
95
2,430
2,224
2221
206
206
2,015
1,589
127
150
5,214
947
24
621
732
191
-56
-23
15
-71
-26
2
66
4,237
2,574
532
703
204
204
1.437
61
158
96
2
„
-45
59
98
8,021
6,062
1,740
4.935
402
256
469
372
78
193
101
1,734
1,559
1.516
1,341
175
175
1,526
129
69
2
953
214
214
1.466
60
4,430
2.760
13
663
628
628
12
12
3
127
2
11
101
5,403
2.760
689
30
24
" 4
428
133
10
1
122
6.158
5,024
402
256
476
372
2.574
580
703
736
170
29
9
Income support, social security, and welfare
Highways
Water
Air
Railroad
Transit ..
170
141
-64
-64
765
561
760
-273
41
-314
-261
4
180
379
37
-49
37
-265
37
221
118
112
210
2J42
2,618
2,397
40
323
182
2,341
40
98
139
792
726
1,302
544
60
632
481
189
179
145
34
290
14
135
155
10
273
3,230
2,924
56
2,665
40
310
215
2,607
40
619
548
170
1,384
537
713
759
456
172
*3
58
701
103
67
-111
322
103
217
585
572
375
4
-125
246
50
110
12
167
48
358
132
56
39
-3
121
ZZ
Postal service
Economic development,regulation,and services ....
Economic development assistance
Regulation of commerce and finance
Other
382
362
47
4
-56
38
5
-56
23
12
-38
8
35
-24
Labor training and services .
Training programs
Other
Net Interest paid .
Revenue sharing .
Seefootnoted)at end of table.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
4,648
4,648
4,602
4,602
Table 3.16.—Federal Government Expenditures by Type and Function: 1952-58—Continued
[Millions of dollars]
1957
1956
Une
Total1
Central executive, legislative, and Judicial activities
Expenditures1
Transfer payments and net
interest paid
Purchases
72,323
47,465
20,349
3,331
1,434
1,425
-14
23
23
1,992
216
1,776
211
1,781
7
1,774
40,741
40,707
Central administration and management
Tax collection and financial management
Legislative and judicial activities
Other
International affairs
Conduct of foreign affairs and informational activities
Foreign economic assistance
Grants-in-aid
to State and
local governments
Subsidies less
current surplus of government enterprises
Subsidies less
current surplus of government enter*
prises
Expenditures1
1,158
80,372
51,574
23,104
4,209
1,280
1,254
3
23
23
1,915
249
1,666
256
1,659
247
9
1,657
44,663
44,597
Transfer pay*
ments and net
interest paid
Purchases
Grants-in-aid
to State and
local governments
1,485
3
209
2
2
Space
National defense ...
109
87
Military activities .
Civil ( '
Foreign military assistance ..
Other
-75
-75
126
22
Civilian safety .
181
181
180
180
Police
Fire .
Correction..
151
151
157
157
30
30
23
23
379
124
456
171
Education .
Retirement
Old-age and survivors insurance (social security) .
Government employees, civilian
Government employees, military
Railroad
Disability .
Disability insurance (social security) .
Government employees, civilian
Government employees, military
Railroad
Other..
Unemployment insurance .
Regular
Extended
Other
Medical care .
Hospital and supplementary medical insurance
(Medicare).
Medicaid .
Welfare and social services .
Other
Veterans benefits and services
Disability and survivors compensation
Education
Insurance .
Hospitals and medical care
Other
Housing and community services .
Urban renewal and community development.
Housing .
Water and sewerage
Recreational and cultural activities .
Energy .
Conservation and development of energy sources .
Production and sale of power
Administration and regulation
Agriculture
Stabilization of farm prices and income .
Financing farm ownership and utilities ...
Conservation of agricultural resources ...
Other
Natural resources .
Transportation
Highways
Water
Air.
Railroad .
Transit .
Postal service
Economic development, regulation, and services ....
Economic development assistance
Regulation of commerce and finance .
Other
Utor trartnq and services .
Toining programs
240
266
3
158
16
119
444
217
86
141
1,845
13,850
497
2,103
8,949
7,453
574
336
586
481
56
105
204
148
140
11,250
8,801
111
390
206
11,305
468
8,992
7,105
5,786
492
299
528
402
108
6,997
5,685
492
299
521
402
101
7
90
204
90
204
1,755
1,608
4
4
1,520
1,373
2,162
231
231
147
1,897
146
356
3
70
5,421
977
116
116
108
108
1,538
76
1,987
1,724
175
175
2,073
185
343
4,428
5,551
1,009
2,823
753
621
797
427
8
2,823
737
791
178
247
2,984
724
663
819
361
813
187
31
29
21
10
5
24
57
57
251
361
212
39
621
-14
15
.......
27
-141
66
-128
253
43
231
179
1,904
1,254
579
2^97
1,028
47
594
117
938
47
235
911
47
117
179
1,193
843
47
117
186
727
648
1,562
637
1,062
250
22
5
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
-141
1,023
95
17
64
738
791
773
127
2,100
1,314
511
277
1,2
719
59
453
207
1,255
29
615
602
46
172
22
114
54
18
184
154
39
111
29
47
47
108
107
57
5,075
5,542
54
37
•Z
-2
644
5,075
6
2
172
31
198
163
54
4,534
2,984
715
663
31
410
451
132
1,727
119
38
37
296
549
188
-2
257
257
75
-128
827
7,313
574
336
578
481
56
105
204
0«iar
tfartofttfc.
-82
-82
12
12
Elementary and secondary ....
Higher
General research and other...
Health and hospitals
Income support, social security, and welfare
148
22
5,542
Table 3.16.—Federal Government Expenditures by Type and Function: 1952-58—Continued
[Millions of dollars]
1958
Une
1
Expenditures
Total1
Central executive, legislative, and judicial activities
Transfer payments and net interest paid
Purchases
87,961
54,003
26,613
5,641
1,349
1,319
7
23
23
2,006
311
1,695
304
302
2
1,702
9
1,693
Central administration and management
Tax collection and financial management
Legislative and judicial activities
Other
International affairs
Conduct of foreign affairs and informational activities
Foreign economic assistance
Space
National defense ...
Police
Fire .
Correction
Education .
30
30
46,338
46,260
168
147
21
207
168
Retirement
Old-age and survivors insurance (social security).
Government employees, civilian
Government employees, military
Railroad
Disability
Disability insurance (social security)
Government employees, civilian
Government employees, military
Railroad
Other.
Unemployment insurance
Regular
Extended
Other
Medical care .
Hospital and supplementary medical insurance
(Medicare).
Medicaid ,
Welfare and social services .
Other
„„.
Veterans benefits and services
Disability and survivors compensation .,
Education
Insurance .
Hospitals and medical care ..
Other
Housing and community services
Urban renewal and community development
Housing
Water and sewerage
Recreational and cultural activities
Energy
Conservation and development of energy sources .
Production and sale of power
Administration and regulation
Agriculture
Stabilization of farm prices and income
Financing farm ownership and utilities
Conservation of agricultural resources
Other
Z
Natural resources
Trarv
anspoi
Highws
'ays.
Water
Air
Railroad .
Transit ...
1,704
-90
-90
207
168
39
39
573
224
22
Elementary and secondary .
Higher
General research and other
Health and hospitals
tocome support, social security, and welfare
Subsidies less current surplus
of government enterpnses
7
Military activities ,
Civil defense .
Foreign military assistance
Other
Civilian safety .
Grants-in-aid to State and local
governments
201
326
4
19
549
232
137
180
17,683
10,084
8,419
645
388
632
706
246
124
216
120
460
147
138
14,863
9.937
8,281
645
388
623
706
246
124
216
120
2360
4,146
3,501
295
350
315
315
4,470
3,825
295
350
2,206
217
304
4
70
5,752
3,199
640
669
893
351
1382
4,662
3,199
629
669
104
58
46
54
8
46
11
887
184
147
8
165
92
92
438
393
45
550
360
190
-150
2,411
901
47
1,185
278
1,239
847
47
133
212
1,084
54
940
848
3290
2285
630
377
-2
837
32
524
281
-150
1,030
2,303
2,253
101
46
-2
Postal service
741
57
684
Economic development, regulation, and services ....
211
34
55
122
175
31
29
33
33
Economic development assistance
Regulation of commerce and finance
Other
Labor training and services
55
120
Training programs
Other 7......L7.
Net interest paid .
5,214
Revenue sharing .
1. Total expenditures include employee compensation on a disbursement basis. Expenditures by type and function
include employee compensation on an accrual basis. Wage accruals less disbursements (in millions of dollars) is
zero except as follows: 1952, 32; and 1953, -76.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
5,214
Table 3.17.—State and Local Government Expenditures by Type and Function: 1952-58
[Millions of dollars]
Line.
Total1
Central executive, legislative, and judicial activities
Administrative, legislative, and judicial activities
Tax collection and financial management
1954
1953
1952
Transfer
payments
and net interest paid
less dividends
Subsidies
less current
surplus of
government
enterprises
3,607
-1,175
Purchases
Transfer
payments
and net interest paid
less dividends
Subsidies
less current
surplus of
government
enterprises
24,938
22£51
3*478
-1,091
26,680
24,248
29,495
26,988
1,568
1,568
1,684
1,684
1,837
1,837
1,935
993
611
331
1,935
993
611
331
2,076
1,095
624
357
2,076
1,095
624
357
2,269
1,194
683
2,269
1,194
683
392
8,130
6,829
8,100
9,126
7,784
974
368
9,087
7,784
974
329
10,355
8,924
1,051
10,310
8,924
1,051
335
1,943
1,905
38
2,047
2#)9
2,129
2,091
3^84
367
164
361
14
4
3,023
353
180
3,556
431
201
370
15
5
3,186
416
196
3,779
461
225
402
15
5
116
2,717
116
343
2,374
140
2,784
350
140
2,434
165
2,928
382
162
14
148
106
13
1,321
475
1,757
587
-436
-112
1,097
306
1,555
416
-458
-110
25
486
335
-366
42
38
405
348
447
344
348
-409
61
335
Expenditures1
Expenditures1
Purchases
Expenditures1
Purchases
«...
Civilian safety
Police ...„
Fire .
Correction.
Education .
Elementary and secondary .
Higher
Libraries2
Other2
Health and hospitals .
6,829
949
322
Health
Hospitals
Income support, social security, and welfare —
Government employees retirement and disability .
Workers' compensation and temporary disability
insurance.
Medical care
Welfare and social services
Veterans benefits and services
Housing and community services .
Housing, community development and urban
renewal.
Water..
Sewerage .
Sanitation .
Recreational and cultural activities .
Gas utiles
..
Electric utilities
Agriculture
Natural resources
Transportation
-
....
Highways
Water
Air.,
Transit and railroad .
Economic development, regulation, and services .
Labor training and services —
Commercial activities
1,651
360
365
482
444
365
352
352
-75
-2
-73
270
23
247
268
268
304
304
203
9
194
-42
-19
-23
280
12
268
303
301
326
321
348
341
310
310
279
279
303
303
4,642
4,512
20
63
47
4,801
4,621
52
63
65
4,954
4,829
53
49
23
5,144
4,956
86
54
48
5,682
5,563
89
53
-23
5,940
5,704
115
-20
-159
-109
-32
244
244
277
277
213
213
220
220
-178
29
-180
25
Net interest paid3
237
Other and maltocable
542
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
12
1,152
226
-86
-11
-75
-207
Publicly owned liquor store systems
Gowmment-administered lotteries and parimutuets.
See footnoted) at end of table.
30
237
542
246
604
-322
-31
-291
-190
-127
-33
•5
-25
269
-205
246
604
234
234
-177
39
340
668
Transfer
payments
and net interest paid
less dividends
Table 3.17.—State and Local Government Expenditures by Type and Function: 1952-58-Continued
[Millions of dollars]
1955
Une
Total1
Central executive, legislative, and judicial activities
Purchases
Transfer
payments
and net interest paid
less dividends
32,158
29567
4,115
1,937
1537
2,458
1,302
725
431
2,458
1.302
725
431
2J55Q
11,638
10,060
1,185
393
11595
10,060
1,185
2^14
2,180
3,925
494
236
399
14
5
Expenditures1
Purchases
Transfer
payments
and net interest paid
less dividends
Subsidies
less current
surplus of
government
enterprises
34564
32545
4558
-1,639
2,175
2,175
1,410
773
467
Purchases
Transfer
payments
and net interest paid
less dividends
Subsidies
less current
Surplus of
government
enterprises
38,767
35,794
4585
-1,712
2*58
2*58
2,650
1,410
775
467
2580
2,880
1565
849
466
1,565
849
466
12,737
10,917
1,349
471
12,684
10,917
1,349
418
13,789
11,718
1560
511
13,722
T1.718
1,560
2529
2522
2,654
2546
3,526
480
231
4,189
564
260
479
16
5
197
2,618
227
3,138
less current
surplus of
government
enterprises
-1524
Expenditures1
Administrative, legislative, and judicial activities
Tax collection and financial management
Civilian safety
Police
Fire
Correction
Education .
Elementary and secondary .
Higher
Libraries2
Other2
Health and hospitals .
Health
Hospitals
Income support, social security, and welfare
Government employees retirement and disability .
Workers' compensation and temporary disability
insurance.
Medical care
Welfare and social services .....
Veterans benefits and services
197
2,998
42
13
1,217
68
1514
220
-597
-152
1,249
23
1,897
183
226
539
384
720
490
384
-494
49
150
653
423
697
594
423
104
Housing and community services .
Housing, community development, and urban
renewal.
Water.
Sewerage"
Sanitation
Recreational and cultural activities .
Energy
92
406
406
432
432
-80
17
-57
320
48
272
-54
•5
-49
356
33
323
Agriculture
364
358
Natural resources..
332
332
431
431
6,146
6,056
40
49
1
6,439
6521
75
63
80
6,727
6,555
56
78
7,065
6,755
99
102
109
Gas utilities
Electric utilities .
Transportati[ion .
Highways
Water
Air..
Transit and railroad .
-31
-369
-293
-165
-35
-14
-79
Expendi-
3,710
548
255
4528
643
280
227
2,680
249
3556
67
4,030
620
275
470
-160
-547
59
2534
192
687
453
739
644
453
-547
43
485
-410
-38
-372
15
-8
23
457
34
423
439
431
7597
7579
7,607
96
157
119
-442
-42
-400
498
-338
-200
-43
-24
-71
7,351
66
126
54
275
275
305
305
350
350
246
246
264
264
281
281
-169
74
-180
52
-151
-656
-152
198
Economic development, regulation, and services .
Commercial activities .
249
2,886
16
1578
46
Labor training and services
.......
8
-243
-382
-256
-30 "
-31
-«5
-232
Publicly owned liquor store systems
Government-administered lotteries and parimutuels .
Other....
Net interest paid3
Other and unallocable .
See footnote(s) at end of table.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
414
713
414
713
452
815
452
815
501
501
1,007
1,007
Table 3.17.—State and Local Government Expenditures by Type and Function: 1952-58—Continued
[Millions of dollars]
Line
Total' .
Central executive, legislative, and Judicial activities
Administrative, legislative, and judicial activities
Tax collection and financial management
Expenditures1
Purchases
43,042
39,510
2£73
2^73
3,157
1,703
916
538
3,157
1,703
916
538
15/492
13,143
1,794
555
15,418
2,733
2,725
5,076
676
359
595
21
42
349
3,692
532
Transfer payments and net interest paid
less dividends
Subsidies less current surplus of government enterprises
5,281
-1,749
...
Civilian safety
Police
Correction
Education
Elementary and secondary .
Higher .
Libraries1.
Other2
Health and hospitals .
13,143
1,794
481
Health .
Hospitals .
Income support, social security, and welfare
Government employees retirement and disability .
Workers' compensation and temporary disability
insurance.
Medical care .
Welfare and social services .
Veterans benefits and services
Housing and community services
4,481
655
317
349
3,160
99
18
1,511
126
2,153
276
-642
-150
195
702
740
-545
53
Recreational and cultural activities .
553
553
Energy
52
-29
81
537
16
521
Agriculture
446
440
Naturalresources.
Transportation .
540
540
8,475
8,132
102
129
112
8,853
8,417
132
170
134
Housing, community development, and urban
renewal.
Water
Sewerage
Sanitation
Gas utilities
Electric utilities .
Highways
Water
Air..
Transit and railroad .
Economic development,regulation,and services .
Labor training and services
Commercial activities
361
361
293
293
-ite
76
-485
-45
-440
-378
-285
-30
-41
-22
-244
Publicly owned liquor store systems
Government-administered lotteries and parimutuels .
Other
Net interest paid3
Other and unallocable.
631
1,218
1. Total expenditures include employee compensation on a disbursement basis. Expenditures by type and function
include employee compensation on an accrual basis. Wage accruals less disbursements (in millions of dollars) is
zero prior to 1971.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
1*218
2. Prior to 1959, other education is included in libraries (line 12).
3. Excludes interest received by social insurance funds, which is netted against expenditures for the appropriate
functions
Table 3.18A.—Relation of Federal Government Receipts and Expenditures in the National Income and Product Accounts to the
Consolidated Cash Statement, Fiscal Years: 1952-58
[Billions of dollars]
Line
1952
1954
1953
1955
1957
1956
1958
Receipts
Cash receipts from the public
1
68D
71.5
71.6
67.8
77.1
Less: Coverage differences:
District of Columbia
Other'
Financial transactions
Miscellaneous2
2
3
4
5
.1
0
.3
.1
.1
0
.3
0
.1
0
.3
.3
.2
0
.3
.5
Plus: Netting and grossing differences:
Contributions to government employee
retirement funds.
Taxes received from rest of the world3
Other4
Timing differences:
Corporate income tax
Federal and State unemployment insurance
taxes.
Withheld personal income tax and social
security contributions.
Excise taxes
Other
Miscellaneous
Equals: Federal Government receipts, national
income and product accounts.
811
81.9
2
2
0
.4
.4
.1
.5
.2
.1
.4
.3
2
6
1.3
12
3
3
1.4
1.7
1.8
7
8
0
-1.3
0
-1.0
0
-1.0
0
-1.1
0
-1.4
0
-1.1
0
-1.2
9
10
-2.3
-.1
-1.9
0
—4.1
-.1
.8
.1
.4
.1
-.7
0
-2.8
0
11
.4
.3
-.1
2
12
13
14
.1
-.1
0
.1
.1
0
-.3
0
0
.1
.1
0
0
0
0
15
65.6
69.9
66.3
68.0
16
68.0
76.8
713
70.5
17
18
.1
-3
.1
0
.1
-.3
2
2
.3
0
2
0
0
-.1
0
.1
76.9
81.6
78.8
7Z5
80.0
83.5
2
2
.4
.1
.2
-.5
3.1
1.4
2.6
.9
.3
Expenditures
Cash payments to the public .
Less: Coverage differences:
District of Columbia .
Federal Home Loan banks and Federal
Land banks.
Other 5 .,
Financial transactions:
Net lending6
Net purchases of foreign currency
Timing differences:
Checks outstanding and certain other
accounts.
Miscellaneous7
Plus: Netting and grossing differences:
Contributions to government employee
retirement funds.
Taxes received from rest of the world3
Other4
Timing differences:
Purchases (increase in payables net of
advances)8.
Transfer payments..
Subsidies less current surplus of
emmer* enterprises.
"
government
9
Miscellan<ieous
Equals: Federal Government expenditures, national
income and product accounts.
.1
.1
.1
.1
.1
20
21
1.6
0
1.8
0
-.7
.1
.9
.4
1.6
22
.4
.3
.1
.1
-.2
-.6
23
-.1
-2
3
.5
.3
.4
24
1.3
12
3
.9
1.4
25
26
0
-1.3
0
-1.0
0
-1.0
0
-1.1
0
-1.4
.1
2
-.4
-.1
0
-.1
.5
0
-.2
-.7
27
28
29
30
31
32
.
.6
.1
A
1.7
1.8
0
-1.1
-\2
1.7
.3
0
-.1
.8
0
0
.7
0
0
.5
-.1
A
.1
.7
.6
.3
66.6
75.7
719
682
70.3
76.5
83.1
1. Consists largely of contributions lor social insurance by residents of U.S. territories, Puerto Rico, and the Northem Mariana Islands.
2. Consists largely of sales of land, receipts from offshore oil leases, and Treasury receipts from sales of foreign
currencies to government agencies.
3. Taxes received from rest of the world are included in receipts in the cash budget and netted against expenditures (transfer payments) in the national income and product accounts.
4. 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.
5. Consists of transfer payments, subsidies, and grants-in-aid to residents of U.S. territories. Puerto Rico, and
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
2
19
2
0
2
the Northern Mariana Islands.
6. includes the financial transactions of deposit insurance funds.
7. Consists largely of offshore oil leases and purchases of land and certain purchases of foreign currency from
the Treasury by Government agencies.
8. Consists largely of real estate transactions, sales of military equipment toforeigncountries, purchases of farm
commodities, and purchases of defense equipment and supplies.
9. Consists largely of net expenditures offoreigncurrencies, grants to the District of Columbia, and net purchases
of silver and minor coin metal.
Table 4.1 .—Foreign Transactions in the National Income and Product Accounts: Annual, 1929-58, and Quarterly, 1946-58
[Billions of dollars; quarters seasonally adjusted at annual rates]
Line
Receipts from rest ol the world ..
Exports of goods and services
Merchandise1
Durable
Nondurable
Services1
2
1
2
3
4
5
6
1929
1931
1930
7.1
5.5
4.4
3.9
1.5
2.4
.5
3.1
'
1932
1941
1940
1942
1943
3.0
3 JS
3.6
4.7
4.4
4.6
5.4
6.1
5.0
4.6
2.9
2.5
.9
1.6
.4
2.0
1.7
.5
1.2
.3
2.0
1.7
.5
1.2
.3
2.6
2.2
.8
1.4
.3
2.8
2.4
1.0
1.5
.4
3.0
2.6
1.1
1.5
.4
4.0
3.5
1.7
1.7
.6
3.8
3 2
1.5
1.7
.5
3.9
3.3
1.7
1.7
.6
4.8
4.1
2.6
1.6
.7
5.4
4.5
2.9
1.7
.9
4.3
3.4
2.3
1.1
.9
3.9
2.9
2.0
.9
1.0
7
1.1
1.0
8
0
0
9
7.1
10
11
12
13
14
5.6
4.5
1.3
3.2
1.1
£
JS
2.3
1.0
1.7
.8
3
1939
1938
2.4
Capital grants received by the United Stat es (net)
Payments to rest of the world
1937
1936
1935
2 JS
Receipts of factor income
Imports of goods and services
Merchandise1
Durable
Nondurable
Services'
1934
1933
3.7
.5
.8
.4
.4
.5
0
0
0
0
0
14
3.0
3.3
3.6
4.7
4.4
4.6
5.4
1.9
1.5
.3
1.2
.4
22
3.0
2.5
.7
1.8
.5
3.2
2.5
.7
1.8
.6
4.0
3.2
1.0
2.2
.8
2.8
3.1
2.4
.7
1.7
.7
3.4
2.7
1.0
1.7
.7
0
5.5
3.7
2.5
4.1
3.1
2.9
2.1
1.9
1.3
.2
1.1
.6
1.8
.4
1.3
.5
22
.6
1.6
.7
.7
0
0
0
.7
.6
.7
.6
.7
.6
0
0
.7
0
0
6.1
5.0
4.6
4.4
3.4
1.4
2.1
1.0
4.6
2.7
1.0
1.8
1.9
6.3
3.4
1.0
2.5
2.8
Payments of factor income
15
.4
.3
.3
2
.1
.2
2
.3
.3
2
.3
2
.2
.2
.3
Transfer payments (net)
From persons (net)
From government (net)
From business
16
17
18
19
.4
.3
0
0
.3
.3
0
0
.3
.3
0
0
2
2
.2
.2
0
0
2
2
2
2
2
2
2
2
2
2
2
2
2
2
.2
2
.2
-.1
0
Net foreign investment
20
.7
2
-2.1
Line
J&
1944
0
0
2
1946
1945
0
0
.4
2
1947
1949
1948
0
0
0
0
-.1
-.1
.1
0
2
1951
1950
1952
0
0
0
0
0
0
0
0
.2
.1
.1
0
12
1.0
1.5
1.3
-.1
1954
1953
1957
1956
1955
2
1958
1
5JS
7A
15.2
20.3
17.5
16.4
14.5
19.8
192
18.1
18 J
21.1
25.2
28.2
24.4
Exports of goods and services
Merchandise1
Durable
Nondurable
Services1
2
3
4
5
6
4.8
3.6
2.4
12
6.7
5.4
2.8
2.5
1.3
14.1
11.8
5.0
6.7
2.3
18.7
16.1
8.5
7.6
2.6
15.5
13.3
6.6
6.6
2.2
14.4
122
6.1
6.1
2.2
12.3
102
5.1
5.1
2.1
17.0
14.2
6.6
7.6
2.8
16.3
13.4
6.9
6 JS
2.9
152
12.4
6.9
5.5
2.8
15.7
12.9
7.1
5.8
2.8
17.6
14.4
82
62
3.2
21.2
17.6
9.8
7.8
3.6
23.9
19.6
10.9
8.6
4.3
20.4
16.4
9.0
7.4
4.0
Receipts of factor income2
7
.8
1.1
1.6
2.0
1.9
2.2
2.8
2.9
2.9
3.1
3.5
4.0
4.3
3.9
Capital grants received by the United States (net)
8
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
9
5 JS
7A
15.2
20.3
17.5
16.4
14.5
19.8
192
18.1
18.8
21.1
25.2
282
24.4
10
11
12
13
14
6.9
3.8
1.1
3.1
7.5
3.9
12
2.7
3.7
7.0
5.1
1.5
3.6
1.9
7.9
6.0
1.8
4.2
2.0
10.1
7.6
2.4
5.2
2.5
92
6.9
2.1
4.8
2.4
11.6
9.1
3.0
6.1
2.5
14.6
112
3.8
7.4
3.4
15.3
10.8
4.1
6.7
4.5
16.0
11.0
4.1
6.9
5.0
15.4
10.4
3.6
6.7
5.1
172
11.5
4.5
7.1
5.7
18.9
12.8
5.2
7.6
6.1
19.9
13.3
5.3
8.0
6.7
20.0
13.0
5.0
8.0
7.1
Receipts from rest ol the world
Payments to rest of the world
Imports of goods and services
Merchandise1
Durable
Nondurable
Services'
3
\2
.8
2.7
.9
1.0
1.1
1.2
12
.5
2.0
0
2.3
.5
1.8
0
2.5
.4
2.1
0
2.4
.5
1.9
0
2.3
.5
1.8
0
2.3
.4
1.8
0
-1.3
2
.4
2.8
4.8
.9
Payments of factor income
15
.3
.4
.4
.4
.5
.6
.7
.8
A
Transfer payments (net)
From persons (net)
From government (net)
From business
16
17
18
19
.3
.4
-.1
0
.8
.5
.4
0
2.9
.7
2.3
0
2.6
.7
2.0
0
4.5
.7
3.9
0
5.6
.5
5.1
0
4.0
.4
3.6
0
3.5
.4
3.1
0
2.5
25
.4
2.1
0
Net foreign investment
20
-2.0
-1.3
4.9
9.3
2.4
.9
-1.8
.9
.6
1946
Receipts from rest of the wortd
Exports of goods and services
Merchandise1
Durable
Nondurable
Services'
1947
14.0
15.3
16.5
14.9
13.0
10.3
4.4
5.9
2.7
14.2
5.1
6.9
22
15.4
13.1
5.6
7.5
2.3
13.6
11.5
4.9
6.6
2.1
18.3
15.7
8.2
7.5
2.6
12
1.4
12.1
Receipts of factor income1
1.0
1.0
1.1
Capital grants received by the United States (net)
0
0
0
Payments to rest of the world
Imports of goods and services
Merchandise1
Durable
Nondurable
Services1
Payments of factor income3
Transfer payments (net)
From persons (net)
From government (net)
From business
Net foreign investment
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
14.0
6.6
4.5
1.3
3.2
2.0
16.5
.9
1948
1949
21.0
21j0
19.4
18.8
17.2
19.4
16.7
9.0
7.7
2.7
19.4
16.8
8.9
7.9
2.6
17.6
15.1
7.7
7.4
2.5
16.9
14.6
7.3
7.3
2.3
15.2
13.0
6.5
6.5
15.4
13.1
22
22
1.9
2.0
2.1
2.0
2.1
2.0
1.9
0
0
0
0
0
0
0
0
0
0
14.9
19.8
21.0
21.0
19.4
18.8
17.5
16.6
18.1
17.6
16.0
13.8
7.3
5.3
1.5
3.8
2.0
7.5
5.6
1.7
4.0
1.9
8.2
6.3
1.9
4.4
1.9
7.7
5.8
1.8
4.0
1.8
8.3
62
1.9
4.2
22
9.6
7.3
2.3
5.0
2.3
10.5
7.7
2.4
5.3
2.7
10.1
7.5
2.4
9.6
9.4
6.9
2.1
4.7
2.5
8.9
6.6
2.0
4.6
2.3
2.1
10.0
7.6
2.4
5 2
2.4
6.6
6.6
16.6
18.1
14.6
12.4
6.2
62
16.0
13.7
6.8
6.9
2.3
22
52
2.6
72
22
5.0
2.4
13.8
15.6
132
6.6
6.6
2.4
14.0
11.9
5.9
6.0
22
12.0
10.1
5.0
5.1
1.9
9.1
6.9
4.7
2.2
.5
3.8
52
.6
4.6
0
5.2
.5
4.7
0
Table 4.1 .—Foreign Transactions in the National Income and Product Accounts: Annual, 1929-58, and Quarterly, 1948-58—Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]
1951
1950
1952
Une
Receipts from rest of the world .
Exports of goods and services .
Merchandise1
Doable..
Nondurable.,
Services' .
15.8
17.4
19.8
205
21.1
21.4
17.9
18.1
122
13.5
11.3
55
5.7
15.0
125
6.1
18.0
15.1
6.7
8.4
2.9
18.1
15.1
7.1
8.0
3.0
18.6
15.4
75
7.9
3.1
165
13.4
6.8
6.6
3.0
15.1
1E4
6.6
5.8
2.7
152
125
6.8
5.7
2.7
15.0
12.1
6.7
5.4
2.9
15.1
12.3
6.8
55
2.8
15.7
12.9
72
5.7
2.8
15.1
12.3
6.9
5.5
2.7
14.3
11.6
6.4
52
16.3
13.6
7.5
2.5
17.0
14.3
6.6
7.7
2.7
2.7
2.7
2.4
2.6
29
2.8
2.9
2.9
2.9
2.8
3.0
2.8
2.8
3.0
3.0
0
0
0
0
0
0
0
Receipts of factor income * ,
6.4
22
2.4
Capital grants received by the United States (net) .
Payments to rest of the world
1954
145
102
5.1
5.1
2.0
Imports of goods and services
Merchandise1
Durable.,
Nondurable „
Services' ,
1953
145
15.8
17.4
195
20.8
21.1
21.4
194
13.0
105
35
7.0
2.6
13.7
10.9
3.7
72
2.8
14.9
11.8
4.0
7.8
3.1
152
12.0
4.1
7.9
3.1
14.3
10.8
3.7
7.1
35
14.0
10.1
3.4
6.6
3.9
15.0
10.7
3.8
6.9
4.3
14.6
10.6
4.0
15.3
10.8
4.2
193
0
18.1
173
16.3
11.3
4.5
15.8
11.0
4.4
6.6
4.8
6.6
6.8
4.0
5.1
16.4
11.5
4.4
7.1
4.9
18.4
173
173
16.3
112
4.1
7.1
52
155
102
3.5
6.7
5.3
14.8
10.0
3.4
£4
2.4
.5
1.9
0
2.1
6.1
16.2
11.0
3.7
7.4
5.1
6.6
4.8
Payments of factor income3
Transfer payments (net)
From persons (net)
From government (net)...
From business
Netforeigninvestment
3.4
.4
3.0
0
3.0
.4
2.6
0
25
.5
2.1
0
-1.7
-1.0
-1.3
1955
1956
U
III
1
205
203
215
Exports of goods and services
Merchandise1
Durable
Nondurable
Services1
2
3
4
5
6
17.2
14.2
8.0
62
3.0
16.8
13.8
7.9
5.9
3.0
Receipts of factor income2
7
3.4
Capital grants received by the United States (net)
8
Receipts from rest of the world
Payments to rest of the world
Imports of goods and services
Merchandise1
Durable
Nondurable
Services1
IV
0
1.9
.4
1.5
0
1957
Une
I
5
1.9
III
IV
I
II
213
233
24.8
253
18.1
14.8
8.5
6.3
3.3
183
14.9
85
6.4
3.3
19.3
15.9
8.9
7.0
3.4
20.8
172
9.6
7.6
3.6
21.7
18.1
10.1
35
3.6
3.7
4.0
4.0
0
0
0
0
0
9
20.6
203
215
213
10
11
12
13
14
162
11.1
4.1
7.0
5.1
17.1
11.2
4.3
6.9
5.9
17.4
11.3
45
6.8
6.1
18.1
125
4.9
7.6
5.6
1958
1
II
263
29.1
283
282
37
23.0
19.1
10.6
85
3.9
24.8
20.6
115
9.1
42
24.3
20.1
11.2
8.9
4.2
23.6
19.4
10.8
8.6
4.2
4.1
3.8
4.3
4.6
4.5
3.8
3.9
3.9
3.9
4.0
0
0
0
0
0
0
0
0
0
0
0
233
243
253
263
29.1
28.9
28 2
26.7
24.4
24,4
24.4
24.4
18.9
13.0
5.1
7.9
5.9
19.0
12.7
5.1
7.6
6.3
19.3
12.6
4.9
7.7
6.6
185
12.9
5.5
7.4
5.7
20.1
132
52
8.0
6.9
20.3
13.4
5.4
8.0
6.9
19.8
13.1
52
7.9
6.7
19.6
13.5
5.3
82
6.1
19.5
12.6
4.9
7.7
6.9
20.1
12.7
4.7
8.0
7.4
19.7
12.8
5.0
7.8
7.0
20.8
13.8
5.4
8.4
7.0
111
IV
1
II
26.7
24.4
24.4
24.4
24.4
22.9
18.1
10.1
8.0
43
20.4
16.6
9.2
7.3
3.9
20.4
16.3
8.7
7.6
4.1
20.5
16.4
8.9
7.5
4.0
20.5
16.3
9.1
72
4.1
III
IV
Payments of factor income3
15
3
1.0
1.0
1.0
1.1
1.0
1.1
1.1
1.1
1.1
12
12
12
1.1
12
1.3
Transfer payments (net)
From persons (net)
From government (net)
From business
16
17
18
19
3.0
.4
2.6
0
2.4
.4
2.0
0
2.3
.4
1.9
0
2.3
.4
13
0
2.3
.5
1.8
0
2.4
.5
2.0
0
2.4
5
1.9
0
25
.5
2.0
0
2.3
.5
1.7
0
2.6
5
2.1
0
2.2
.5
1.7
0
2.2
.5
1.8
0
2.2
.4
1.7
0
2.3
.4
1.8
0
2.3
.4
1.9
0
2.4
.4
1.9
0
Netforeigninvestment
20
.6
-2
.9
.5
1.0
2.3
3.1
4.6
5.6
4.9
5.0
3.7
1.6
.9
12
0
1
» i m p o r t s of certain goods, primarily military equipment purchased and sold by the Federal Governent are «nduded in services.
£
> consists largely of receipts by U.S. residents of interest and dividends and reinvested earnings of foreign affili-
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
ates of U.S. corporations.
3. Consists largely of payments to foreign residents of interest and dividends and reinvested earnings of U.S.
affiliates of foreign corporations.
Table 4.2.—Exports and Imports of Goods and Services and Receipts and Payments of Factor Income in Constant Dollars:
Annual, 1929-58, and Quarterly, 1947-58
[Billions of 1987 dollars; quarters seasonally adjusted at annual rates]
Line
1929
1930
1931
29.8
25.3
10.0
15.4
45
1941
1940
1939
32.7
27.6
13.9
13.7
5.1
30.7
25.9
12.0
13.9
4.8
31.9
26.3
13.0
13.3
5.7
25.3
20.9
9.0
11.9
4.5
23.9
19.5
7.7
11.8
4.3
1938
1937
1936
1935
22.3
18.3
6.9
11.4
4.0
19.9
16.4
4.6
11.8
3.5
19.6
16.3
4.4
11.8
3.3
24.7
20.8
7.5
13.2
3.9
1934
1933
37.5
32.1
19.9
12.2
5.4
1942
39.1
33.3
21.1
12 2
5.8
1943
26.3
20.5
14.0
6.4
5.8
22.3
16.0
11.0
5.0
6.3
Exports of goods and services
Merchandise1
Durable
Nondurable
Services1
1
2
3
4
5
Receipts of factor Income2
6
83
8.4
6.8
5.3
4.5
4.1
4.8
52
6.4
5.8
62
5.5
6.2
5.7
5.6
Imports of goods and services
7
8
9
10
11
34.1
28.1
7.5
20.6
6.0
30.1
24.3
6.1
18.2
5.8
27.0
21.8
4.4
17.4
52
22.0
17.3
3.0
142
4.8
22.9
18.9
4.1
14.8
4.1
23.4
19.3
4.7
14.7
4.0
31.1
26.7
7.0
19.7
4.4
30.4
25.6
7.0
18.6
4.8
33.8
28.4
8.4
19.9
5.5
26.5
21.8
6.0
15.9
4.7
28.1
23.6
7.0
16.6
4.4
29.2
24.6
8.8
15.7
4.7
36.3
28.1
10.9
17.2
8.1
37.4
19.9
6.8
13.2
17.5
50.4
24.1
6.6
17.5
26.3
12
3.3
3.1
2.6
2.0
1.7
1.8
2.0
3.1
32
2.4
2.7
2.6
2.4
22
2i
Durable
Nondurable
Services1
Payments of factor income3
Line
Exports of goods and services
Merchandise1
Durable
Nondurable
Services1
1
2
3
4
5
36.0
30.9
12.8
18.1
5.1
1932
1944
1945
1946
32.8
25.0
13.2
11.8
7.8
24.6
17.2
11.5
5.6
7.4
66.7
56.0
23.9
32.1
10.7
1949
1948
1947
79.1
68.4
36.0
32.4
10.7
60.7
51.1
25.5
25.6
9.6
1951
1950
59.9
50.3
25.1
25.2
9.5
1956
1955
1954
1953
1952
53.0
43.9
21.8
22.1
9.1
64.3
53.1
24.7
28.4
11.1
62.3
51.0
26.3
24.7
11.3
59.5
48.4
26.9
21.5
11.1
62.2
50.9
28.1
22.8
11.3
67.7
55.4
31.5
23.9
12.3
1958
1957
78.0
642
35.8
28.4
13.8
85.0
69.3
38.7
30.6
15.7
73.7
58.8
32.3
26.6
14.8
Receipts of factor Income2
6
6,0
5.7
6.5
8.5
10.1
9.8
103
13.0
13.4
13.1
13.9
15.5
16.9
17.8
15.9
Imports of goods and services
Merchandise1
Durable
Nondurable
Services'
7
8
9
10
11
53.5
25.5
6.9
18.6
28.0
56.7
24.9
7.0
17.8
31.9
40.2
28.2
7.8
20.4
12.0
37.1
272
7.9
19.4
9.9
44.1
31.4
9.5
21.9
12.7
42.5
30.5
9.0
21.6
12.0
49.7
37.4
11.6
25.8
12.4
53.2
36.9
11.7
25.2
16.3
59.9
38.2
13.3
24.8
21.8
66.6
40.5
14.0
26.4
26 2
64.4
38.0
122
25.8
26.4
72.9
43.1
15.2
27.8
29.9
792
47.6
17.5
30.1
31.6
83.4
49.6
18.0
31.6
33.8
88.5
51.5
18.0
33.6
37.0
Payments of factor income3
12
2.8
3.3
2.6
2.7
3.0
3.4
3.7
4.0
4.0
4.3
4.4
4.8
5.0
5.1
5.3
IV
I
II
111
50.7
41.9
20.9
21.0
8.8
51.4
42.4
21.2
212
9.0
52.8
43.9
21.8
22.1
8.9
57.1
47.5
23.4
24.1
9.6
1947
1948
1949
1950
Line
Exports of goods and services
Merchandise1
Durable
Nondurable
Services1
1
2
3
4
5
1
II
111
IV
I
II
111
80.1
69.6
36.1
33.5
10.5
82.9
71.8
38.6
33.2
11.1
80.7
69.9
37.1
32.8
10.8
723
62 2
32.0
30.2
10.3
65.6
55.8
28.0
27.8
9.9
59.1
49.7
24.8
24.9
9.4
60.1
50.6
25.3
25.3
9.6
IV
I
II
III
57.9
48.4
24.1
24.3
9.5
64.8
54.7
27.3
27.4
102
64.3
53.9
26.9
27.0
10.4
59.1
49.7
24.8
24.9
9.4
51.3
43.0
21.5
21.6
82
IV
Receipts of factor income2
6
7.8
8.4
8.4
92
9.8
10.1
10*
10.1
102
9.9
9.8
9.1
9.7
10.2
11.6
11.6
Imports of goods and services
Merchandise1
Durable
Nondurable
Services1
7
8
9
10
11
37.0
27.3
7.7
19.5
9.7
39.0
29.3
8.4
20.9
9.7
35.4
26.1
7.6
18.5
9.3
372
262
7.7
18.5
10.9
41.6
30.0
9.1
20.9
11.6
43.3
31.3
9.5
21.8
12.1
45.9
32.1
9.7
22.4
13.8
45.4
32.2
9.6
22.6
13.3
43.6
31.3
92
22.1
12.4
43.1
30.4
9.1
21.4
12.7
41.4
29.7
8.6
21.1
11.7
42.0
30.7
9.0
21.7
11.3
42.8
31.3
9.3
22.0
11.5
45.1
332
102
23.1
11.9
55.4
42.8
13.4
29.4
12.5
55.7
42.0
13.4
28.6
13.6
Payments of factor income3
12
23
2.6
2.7
3.1
2.9
2.9
3.3
2.9
3.4
3.3
3.4
3.5
3.6
3.7
3.8
3.8
1951
1952
1954
1953
Line
I
II
III
59.5
49.3
23.9
25.3
10.3
65.1
54.0
25.0
28.9
11.1
66.5
55.1
24.4
30.6
11.4
IV
I
II
111
69.8
57.5
28.1
29.4
12.3
62.5
50.8
25.8
24.9
11.8
58.0
47.3
25.1
222
10.6
IV
I
II
III
IV
58.4
46.9
26.1
20.8
11.5
58.9
47.9
26.6
21.3
11.1
61.4
50.3
28.0
22.3
11.1
111
I
II
56.6
45.7
25.2
20.5
11.0
64.6
53.7
29.6
24.1
10.9
IV
65.0
53.4
29.5
24.0
11.6
Exports of goods and services
Merchandise1
Durable
Nondurable
Services1
1
2
3
4
5
Receipts of factor Income2
6
112
13.0
13.5
14.1
13.3
13.7
13.5
132
13.1
13.6
12.6
13.0
13.5
13.5
13.6
14.8
Imports of goods and services
Merchandise1
Durable
Nondurable
Services1
7
8
9
10
11
562
41.3
13.3
28.1
14.9
54.7
39.7
12.6
27.1
15.0
512
34.5
10.8
23.6
16.7
50.7
32.1
10.0
22.1
18.5
57.1
36.4
11.8
24.6
20.7
56.6
36.9
12.7
242
19.7
60.3
38.4
13.7
24.7
21.9
65.8
40.9
15.2
25.8
24.8
65.0
40.1
14.9
252
25.0
68.0
42.4
15.1
27.3
25.6
68.1
41.3
14.0
27.3
26.8
65.4
38.0
12.1
25.9
27.3
61.7
36.7
11.6
25.1
25.0
67.3
40.6
12.4
28.2
26.7
63.9
37.5
12.7
24.7
26.4
64.9
37.4
12.3
25.1
27.5
Payments of factor income3
12
4.1
4.1
4.1
4.0
3.8
4.0
4.1
42
42
42
4.3
4.6
4.4
4.4
4.3
4.3
66.0
542
25.5
28.7
11.8
1955
58.7
48.3
262
22.1
10.4
1956
II
III
67.0
55.3
31.0
242
11.7
65.3
53.4
30.5
22.8
11.9
69.3
56.6
32.4
24.2
12.7
IV
II
Exports of goods and services
Merchandise1
Durable
Nondurable
Services1
1
2
3
4
5
Receipts of factor income2
6
152
15.4
15.6
153
Imports of goods and services
Merchandise1
Durable
Nondurable
Services'
7
8
9
10
11
68.0
41.3
14.1
272
26.7
72.8
41.9
14.8
27.1
30.9
74.5
42.3
152
27.0
322
76*
463
16.7
30.0
29.7
Payments of factor income3
12
4.5
4.8
43
43
5.0
69.4
56.5
32.2
24.3
12.8
72.3
59.4
33.1
26.3
12.9
IV
I
II
III
88.7
73.5
41.0
32.5
15.2
863
71.1
39.7
31.4
15.2
84.0
68.6
33.3
30.3
15.4
IV
1
II
111
72.7
58.7
32.7
26.0
14.0
73.2
582
31.2
27.1
15.0
74.0
59.1
32.0
27.1
14.9
77.0
63.3
35.3
28.1
13.6
79.5
65.6
36.6
29.1
13.9
172
17.0
173
153
18.0
19.0
183
15.7
16.1
16.0
15.7
79.1
48.7
17.4
31.3
30.5
79.7
47.3
17.3
30.0
32.4
812
47.0
16.7
30.3
342
76.8
47.6
18.7
28.9
29.2
83.3
48.6
17.5
31.1
34.6
84.0
49.5
182
312
34.6
82.7
48.8
17.6
31.1
33.9
83.6
51.3
18.4
32.9
322
85.8
49.3
17.0
32.3
36.4
893
50.6
16.5
34.1
38.9
87.4
51.2
18.1
33.1
36.2
43
5.1
5.1
5.1
5.1
52
52
5.3
5.0
5.2
1. Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal Government, are included in services.
2, Consists largely of receipts by U.S. residents of interest and dividends and reinvested earnings of foreign affili-
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
III
62.4
50.8
28.0
22.8
11.5
1958
1957
Line
1
59.4
48.5
27.0
21.5
10.9
83.2
68.5
382
30.4
14.6
81.0
64.0
35.7
28.3
17.0
ates of U.S. corporations.
3. Consists largely of payments to foreign residents of interest and dividends and reinvested earnings of U.S.
affiliates of foreign corporations.
Table 4.5.—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): 1946-58
[Billions of dollars]
Une
Exports of goods, services, and income, BPA's .
Less: Gold, BPA's1
Capital gains, net of losses, in direct
investment income receipts, BPA's2.
Transfers of goods and services under military
grant programs, net3.
Statistical differences4
Other items
Plus: Adjustment for U.S. territories and Puerto Rico6 .
Services furnished without payment by financial
intermediaries except life insurance carriers
and private noninsured pension plans.
Adjustment for grossing of parentfaffiliate
transactions r .
Other items8
Equals: Exports of goods and services and
receipts of factor income, NIPA's.
imports of goods, services, and income, BPA's
Less: Gold, BPA's1
Capital gains, net of losses, in direct
investment income payments, BPA's2.
Statistical differences4
Plus: Gold. NIPA's1 .
Adjustment for U.S. territories and Puerto
Rico6.
Imputed interest paid to rest of the world ..
Adjustment for arossing of parent/affiliate
transactions'
Other items9
Equals: Imports of goods and services and
payments of factor income, NIPA's.
Balance on goods, services, and income, BPA's (112).
Less: Gold (2-13+16)
Capital gains, net of losses, in direct
investment income, BPA's (3-14).
Statistical differences (5-15)
Plus: Adjustment for U.S. territories and Puerto Rico(717).
Other items (-4-6+10-20)
Equals: Net exports of goods and services and net
receipts of factor Income, NIPA's (11-21).
1947
1946
1948
1949
1950
1951
1952
1
2
3
15.1
0
20.2
0
4
0
0
0
0
0
0
5
6
7
8
0
0
0
0
0
0
0
0
0
0
0
0
.1
17.5
0
.1
16.3
0
.1
14.4
0
.1
19.7
0
.1
1954
1953
19.1
0
1955
18.0
0
18.7
0
0
0
0
0
0
0
0
0
0
.1
.1
1956
21.0
0
1957
1958
25.0
0
28.1
0
24.2
0
0
0
0
0
0
0
0
0
0
0
0
'0
.1
.1
.1
.1
.1
.2
9
0
0
0
0
0
0
0
0
0
0
0
0
0
10
11
0
15.2
0
20.3
0
17.5
0
16.4
0
14.5
0
19.8
0
19.2
0
18.1
0
18.8
0
21.1
0
25 2
0
281
0
24.4
12
13
14
7.0
0
8.3
0
10.5
0
9.8
0
12.2
0
15.3
0
16.0
0
16.8
0
16.2
0
18.1
0
19 3
0
21.0
0
21.1
0
15
16
17
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
18
19
.1
0
o'1
.1
0
.1
0
.1
0
.1
0
0
0
0
0
0
0
20
21
.3
7.3
0
8.4
0
10.6
0
9.8
0
123
0
15.4
0
16.1
0
16.9
0
16.3
0
18 2
0
20.0
0
21.1
.1
.1
.1
0
0
0
0
.1
.1
0
0
2
.1
0
0
21.2
22
8.1
115
63
6J>
22
4.4
3.1
1.2
15
2.9
5.2
7.1
22
23
24
0
0
0
0
0
0
0
0
0
0
0
0
0
25
26
0
0
0
0
0
0
0
0
0
0
0
0
0
27
28
-.3
7.8
0
11.9
0
6.9
0
6.5
0
22
0
4.4
0
3.1
0
12
0
15
0
0
52
0
7.1
0
32
Allocations of special drawing rights, BPA's
Plus: Other items .
Equals: Capital grants received by the United
States, net, NIPA's.
29
30
31
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Unilateral transfers, net, BPA's
Less: Transfers of goods and services under military
grant programs, net3.
Statistical differences4
Plus: Adjustment for U.S. territories and Puerto Rico6 .
Other items10
Equals: Transfer payments to rest of the world, net,
NIPA's.
32
33
2.9
0
2.6
0
4 J5
0
5.6
0
4.0
0
3 J5
0
15
0
15
0
22
2£
0
14
0
23
0
0
2.3
0
Balance on current account, BPA's (22-32)
Less: Gold (23)
Capital gains, net of losses, in direct
investment income, BPA's (24).
Statistical differences (25-34)
Other items (-27-33+36)
Plus: Capital grants received by the United States, net,
NIPA's (31).
Adjustment for U.S. territories and Puerto Rico
(26-35).
Equals: Net foreign investment, NIPA's (28+31-37) ..
34
35
36
37
0
0
0
0
0
0
0
0
0
0
0
0
0
o"
0
Z6
0
4.5
0
5.6
0
4.0
0
3.5
o"
0
15
0
0
0
2.4
0
0
3
3
23
2J5
38
39
40
52
0
9.3
0
2.4
0
0
-1.8
0
0
.6
0
41
42
43
0
.3
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4.9
9.3
2.4
23
2J5
2
23
23
3
-1.3
0
0
0
2.8
0
4.8
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
18
4.8
.4
44
45
3
1. Beginning in 1960, the treatment of net exports of gold in the NIPA's differs from that in the BPA's. BPA
pold exports (line 2) and imports (line 13) are excluded from the NIPA's. Imports of gold in the NIPA's (line 16)
is the excess of the value of gold in final sales of domestic product plus the change in business inventories over
the value of U.S. production of gold. Prior to 1967, the treatment of net exports of gold in the NIPA's and BPA's
is identical and is the same as the present NIPA treatment.
2. BPA capital gains and losses included in U.S. direct investment income abroad (line 3) and in foreign direct
investment income in the United States (line 14) are removed from the NIPA's beginning in 1974 for imports and
in 1977 for exports. Beginning in 1982, U.S. direct investment income abroad in the BPA's excludes capital gains
and losses associated with currency translation adjustments.
3. Transfers of goods and services under military grant programs, net, are classified as exports in the BPA's.
In the NIPA's, these transactions are excluded from exports and included in Federal Government purchases.
4. Consists of statistical revisions in the BPA's that have not yet been incorporated in the NIPA's.
5. Consists of arms shipments to Israel financed under the Emergency Security Act of 1973. In the NIPA's, these
arms shipments are classified as military grants, which are included in the defense purchases component of GDP
at the time they are acquired by the U.S. Government Their transfer abroad is not reflected in the NIPA's.
6. Consists of transactions between the United States and its territories, Puerto Rico, and the Northern Mariana
Islands. The treatment of U.S. territories, Puerto Rico, and the Northern Mariana Islands in the NIPA's differs from
that in the BPA's. In the NIPA's they are included in the rest of the world; in the BPA's. they are treated as part
of the United States. The adjustments to exports and imports of goods and services and to receipts and payments
of factor income are shown in lines 7 and 17, respectively. The adjustment to unilateral transfers, net (line 35)
consists only of transfer payments from persons because transfer payments, subsidies, and grants-in-aid from the
Federal Government to residents of U.S. territories, Puerto Rico, ana the Northern Mariana Islands are excluded
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
23
-1.8
3
J5
-1.3
2
.4
3
from NIPA transfer payments to rest of the world.
7. In the BPA's, services and income transactions between parents and affiliates are recorded on a net basis.
In BPA exports, U.S. parents' receipts from foreign affiliates tor interest, royalties, license fees, and other services
are net of such payments by U.S. parents to foreign affiliates. In BPA imports, U.S. affiliates' payments to foreign
parents for interest, royalties, license fees, and other services are net of such receipts by U.S. affiliates from foreign
parents. In the NIPA's, these transactions are recorded on a gross basis beginning with 1974. The amount of adjustment "is identical in exports and imports and, thus, does not affect NIPA net exports of goods and services, net
receipts of factor income, or net foreign investment
8. Consists of foreign taxes withheld on direct investment income receipts of U.S. parents from their foreign affiliates and on income receipts by U.S. affiliates from their foreign parents. (Other factor income receipts in the BPA's
are recorded gross of foreign taxes withheld).
9. Consists of shipments to the United States from Alaska and Hawaii. These are added to imports in 1946
to adjust to geographic coverage of imports to the 48-State coverage used in the NIPA's 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. Also includes U.S. taxes withheld on factor income earned in the United
States by rest of the world that are not included in these income payments in the BPA's.
10. Consists of financing provided to Israel in accordance with the Emergency Security Act of 1973: a U.S. Government payment to India under the Agricultural Trade Development and Assistance Act: write- offs of loan principal
owed to the U.S. Government, which are a type of financial transaction that is excluded from the NIPA's; and taxes
paid to (or withheld by) foreign governments by U.S. residents net of taxes paid by rest of the world to the U.S.
Government
5. Saving and Investment
Table 5.1 .—Gross Saving and Investment: Annual, 1929-58, and Quarterly, 1946-58
[Billions of dollars; quarters seasonally adjusted at annual rates]
Line
Gross saving
1930
1929
1934
1933
1932
1931
1938
1937
1936
1935
1942
1941
1940
1939
1943
1
16.4
11.8
5.3
1.1
1.3
3.7
63
7.3
12.4
75
9.0
14.1
19.0
113
53
502
32.6
5.B
Gross private saving
Personal saving
Undistributed corporate profits with inventory
valuation and capital consumption adjustment.
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Corporate consumption of fixed capital
Noncorporate consumption of fixed capital
Wage accruals less disbursements
2
3
4
15.4
2.5
3.0
12.1
1.8
.6
8.2
1.3
-2.2
2.8
-1.5
-3.6
2.6
-1.7
-3.3
5.9
-.5
-1.4
83
1.4
-.4
103
2.9
-.4
11.9
2.8
.2
9.0
-2
.1
11.4
1.7
.7
145
2.9
2.3
228
9.8
2.8
42.5
26.9
4.4
5
6
7
8
9
10
3.4
.5
-.9
5.5
4.5
0
-2.0
3.3
-.7
5.3
4.4
0
-4.2
2.4
-.4
5.0
4.1
0
-4.4
1.0
-.3
4.4
3.5
0
-.8
-2.1
-.3
4.3
3.4
0
-2
-.6
-.6
4.4
3.5
0
.4
-.2
-.6
4.4
3.5
0
1.0
-.7
-.6
4.4
3.6
0
1.3
0
-1.1
4.9
4.0
0
.2
1.0
-1.1
5.0
4.1
0
2.4
-.7
-1.0
4.9
4.1
0
3.6
-2
-1.1
5.1
4.3
0
6.3
-25
-1.0
5.6
4.7
0
6.4
-1.2
-.8
6.1
5.1
0
Government surplus or deficit (-), national income
and product accounts.
Federal
State and local
11
1.0
-.3
-2.9
-13
-13
-22
-20
-3.2
3
-15
-2.4
-5
-3.8
-312
-443
12
13
1.2
-2
.3
-.6
-2.1
-.8
-1.5
-.3
-1.2
-.1
-2.7
.5
-2.5
.6
-3.7
.5
-.3
.7
-1.8
.4
-2.4
0
-1.1
.6
-5.1
1.3
-33.0
1.8
-46.8
2.4
0
0
0
7.0
-.8
-.5
6.3
5.3
2 .
14
0
0
0
0
0
0
0
0
0
0
15
17.4
11.3
6.1
1.3
1.8
4.1
6.6
8.6
12.4
82
10.4
15.2
19.5
10.4
4.0
Gross private domestic investment
Net foreign investment
16
17
16.7
.8
10.6
.7
5.9
2
1.1
2
1.7
.2
3.7
.4
6.7
-.1
8.7
-.1
122
.2
7.1
1.2
9.3
1.0
13.6
1.5
18.2
1.3
10.5
-.1
6.1'
-2.1
Statistical discrepancy
18
1.0
-5
3
2
5
.4
-2
13
0
.7
1.3
1.1
-3
-1.9
Gross saving
1
33
5.6
355
425
51.7
36.6
51.4
583
523
522
51.6
682
77.7
773
66.5
Capital grants received by the United States (net) ..
Gross Investment
Une
1944
1945
1947
1946
1949
1948
1950
0
0
1952
1951
1953
1954
5
1955
1957
1956
1958
Gross private saving
Personal saving
Undistributed corporate profits with inventory
valuation and capital consumption adjustment.
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Corporate consumption of fixed capital
Noncorporate consumption of fixed capital
Wage accruals less disbursements
2
3
4
55.0
36.5
63
455
28.6
4.5
303
13.6
2.5
282
5.0
5.5
42.4
10.8
11.1
39.8
6.9
11.0
44.4
12.3
8.5
527
16.5
9.0
56.3
17.3
10.0
573
18.0
9.0
583
16.2
102
65.3
15.9
15.0
72.3
21.3
13.0
76.4
22.6
12.8
77A
24.0
10.6
5
6
7
8
9
10
6.9
-.3
2
6.4
5.6
-2
4.7
-.6
.4
6.5
5.9
0
102
-5.3
-2.4
7.6
6.6
0
14.3
-5.9
-2.9
92
8.4
0
16.4
-22
-32
10.7
9.7
0
12.2
1.9
-3.0
11.5
10.4
0
16.4
-5.0
-3.0
12.3
11.3
0
13.6
-1.2
-3.4
14.2
12.9
0
122
1.0
-3.1
152
13.9
-.1
12.4
-1.0
-2.5
16.3
14.6
0
12.3
-.3
-1.7
172
15.2
0
17.1
-1.7
-.3
18.3
16.1
0
16.9
-2.7
-12
20.6
175
0
15.6
-1.5
-1.3
22.7
18.4
0
12.1
-.3
-1.3
23.7
19.0
0
Government surplus or deficit (-), national income
and product accounts.
Federal
State and local
11
-51.7
-39.9
52
14.4
9.4
-32
73
55
-3.5
-5.7
-72
23
5.4
3
-103
12
13
-54.4
2.7
-425
25
3.3
1.9
13.4
1.0
92
.1
-2.5
-.7
8.2
-12
6.0
-.4
-3.4
-.1
-5.9
.1
-6.1
-1.1
4.2
-1.3
6.3
-.9
22
-1.4
-85
-2.4
14
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
15
5.9
95
362
443
505
37.6
52.4
612
54.7
55.0
54.1
69.4
75.0
75.4
65.4
Gross private domestic investment
Net foreign investment
16
17
7.8
-2.0
10.9
-1.3
31.3
4.9
35.0
9.3
48.1
2.4
36,7
.9
54.2
-1.8
60.3
.9
54.0
.6
56.3
-1.3
53.8
2
69.0
.4
722
2.8
70.6
4.8
645
.9
Statistical discrepancy
18
2.6
3.9
.7
13
-1.2
1.0
13
2.9
13
23
2.4
12
-23
-1.9
-1.1
Capital grants received by the United States (net) ..
Gross investment
1946
1947
1950
1949
1948
Une
Gross saving
Gross private saving
Persona! saving
Undistributed corporate profits with inventory
valuation and capital consumption adjustment
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Corporate consumption of fixed capital
Noncorporate consumption of fixed capital
Wage accruals less disbursements
Government surplus or deficit (-), national income
and product accounts.
Federal
State and local
1
II
III
IV
1
II
III
1
273
36.0
38.6
403
423
403
2
3
4
33.1
16.8
3.0
315
152
3.4
28.0
11.7
1.5
285
10.6
2.1
26.9
8.0
2.3
5
6
7
8
9
10
5.7
-12
-1.5
6.5
6.1
.7
8.4
-2.8
-2.2
72
6.4
-.8
12.4
-8.1
-2.8
8.0
6.8
0
14.3
-8.9
-32
8.6
72
0
11
-5.8
4.6
10.6
12
13
-7.9
2.1
25
2.1
8.8
1.8
III
IV
I
II
35.2
362
313
40.1
47.7
39.1
6.4
11.1
41.0
6.9
12.1
36.8
6.0
8.7
46.6
16.5
7.6
43.7
12 2
8.4
13.8
1.4
-3.1
11.3
10.3
.1
11.3
2.8
-3.1
11.5
10.5
-.3
12.1
3.0
-3.0
11.5
10.4
0
11.4
2
-2.9
11.6
10.6
0
11.0
-.7
-2.7
11.8
10.7
0
14.7
-3.3
-2.9
12.0
11.0
0
4.9
.7
-33
-43
-5.1
-65
4.0
4.9
0
.8
-.1
-3.1
-.8
-4.0
-3
-3.9
-12
-5.1
-1.4
5.7
-1.7
IV
I
403
46.0
50.4
53.2
523
51.3
432
255
2.0
6.3
302
6.0
6.4
293
4.1
72
36.1
6.6
102
413
10.3
115
45.0
13.8
10.5
46.4
12.7
12.2
425
8.7
12.1
152
-9.7
-3.3
9.0
7.8
0
13.7
-4.7
-2.8
9.1
8.2
0
13.3
-4.0
-2.8
9.3
8.5
0
152
-52
-2.8
9.6
8.9
0
15.9
-2.9
-2.8
10.0
9.2
.1
17.4
-2.9
-3.1
10.4
9.5
.1
16.7
-2.8
-3.4
11.1
9.9
-2
15.6
-.1
-3.4
11.3
10.2
.1
115
16.0
14.7
105
162
143
11.3
7.0
9.9
1.5
14.7
1.3
13.4
1.3
9.9
.7
15.4
5
13.9
.4
11.1
2
7.0
0
III
II
IV
I
II
14
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
15
28.9
373
39.7
392
43.0
423
43.0
49.0
493
51.0
51.4
49.8
43.1
35.6
373
34.0
43.4
48.6
Gross private domestic investment
Net foreign investment
16
17
25.1
3.8
322
4.9
33.3
6.5
34.6
4.5
33.6
9.4
32.4
9.9
32.9
10.1
412
7.8
44.9
4.9
48.0
3.0
50.4
.9
49.0
.8
40.9
22
33.9
1.7
372
.6
35.0
-1.0
44.4
-1.0
49.9
-1.3
Statistical discrepancy
18
1.6
1.0
12
-.8
.1
2.0
2.1
3.0
-.6
-22
-5
-15
-.1
.4
1.6
22
3.3
13
Capital grams received by the United States (net)...
Gross Investment
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
0
0
Table 5.1 .—Gross Saving and Investment: Annual, 1929-58, and Quarterly, 1948-58-Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]
1950
1951
1952
1953
Line.
Gross saving
III
IV
1
II
111
1
53.4
64.5
58.7
61.8
57.4
IV
1
II
III
552
56.3
49.7
51.6
1954
1
II
III
53.7
54.0
53.9
53.7
IV
IV
1
II
III
IV
47.1
48.7
49.1
51.7
57.1
Gross private saving
Personal saving
Undistributed corporate profits with inventory
valuation and capital consumption adjustment
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Corporate consumption of fixed capital
Noncorporate consumption of fixed capital
Wage accruals less disbursements
2
3
4
38.4
5.8
8.5
48.8
14.5
9.3
41.1
9.9
4.8
54.8
19.4
8.6
57.7
18.8
11.4
57 A
18.2
11.2
56.7
17.4
10.8
54.0
15.7
9.1
57.4
19.4
9.1
57.3
16.4
11.1
57.9
16.7
11.1
58.9
18.8
9.4
582
18.1
8.8
56.7
18.6
6.7
58.9
18.6
8.6
57.4
15.3
9.9
57.9
150
10.3
61.3
160
12.2
5
6
7
8
9
10
18.8
-7.3
-3.0
125
11.5
0
212
-8.5
-3.4
13.1
11.9
.1
17.1
-8.7
-3.6
13.8
12.5
2
13.1
-1.0
-3.4
14.1
12.8
-2
112
3.5
-3.3
14.3
13.1
.1
12.8
1.5
-3.1
14.6
13.4
.1
12.7
1.3
-32
14.9
13.6
.1
112
1.2
-3.3
152
13.8
.1
11.5
.7
-3.1
15.3
14.0
-.4
13.3
.8
-3.1
15.6
142
0
14.4
-.4
-2.9
15.8
14.3
0
13.6
-1.6
-2.6
162
14.5
0
132
-2.0
-2.4
16.5
14.8
0
8.5
0
-1.9
16.6
14.8
0
10,6
0
-2.0
16.9
14.9
0
11.8
0
-1.9
17.1
15.1
0
12.6
-7
-1.7
17.3
15.3
0
14.1
-.5
-1.4
17.6
15.5
0
Government surplus or deficit ( - ) , national income
and product accounts.
Federal
State and local
11
15.0
15.7
17.6
7.0
-2
-22
-5
-42
-5.7
-3.5
-3.8
-5.0
- 4 JS
-9.6
-10.3
-8.3
-62
-42
12
13
15.8
-.8
16.6
-.9
17.6
0
7.7
-.6
.6
-.8
-1,9
-.3
-2
-.3
-3.6
-.7
-6.1
.4
-3.9
.4
-3.4
-.5
-6.0
1.0
-4.7
.2
-9.5
-.1
-9.7
-7.3
-1.0
-4.7
-1.5
-2.8
-1.4
Capital grants received by the United States (net)...
14
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
15
53.5
63.9
60.4
65.4
61.7
57.3
58.9
51.1
52.8
55.8
56.5
562
56.1
51.3
51.1
51.6
54.7
58.8
Gross private domestic investment
Net foreign investment
16
17
562
-2.7
66.3
-2.5
62.1
-1.7
65.0
.3
59.5
22
54.6
2.7
55.4
3.6
49.9
12
53.9
-1.0
57.0
-12
57.8
-1.3
57.9
-1.8
572
-1.1
52.2
-.9
51.6
-.4
51.2
.4
54.7
0
57.8
1.0
Statistical discrepancy
18
.1
1.7
3.6
4.3
2.1
2.7
1.4
12
2.1
2.4
2_3
2.4
42
2JS
2.5
3.0
1.7
1
It
Gross Investment
-A
1955
1956
0
0
1957
1958
Line
1
Gross saving
11
III
IV
1
II
HI
IV
ill
IV
1
II
111
IV
1
622
67.1
69.5
74.0
75.5
76.7
78J
79.7
79.3
79.9
79.5
70.4
65.3
60.7
66.0
73.9
Gross private saving
Personal saving
Undistributed corporate profits with inventory
valuation and capital consumption adjustment
Undistributed profits
Inventory valuation adjustment
Capital consumption adjustment
Corporate consumption of fixed capital
Noncorporate consumption of fixed capital
Wage accruals less disbursements
2
3
4
62.4
142
14.8
64.8
15.3
15.6
66.7
17.1
14.9
67.4
17.0
14.9
68.9
18.8
13.4
71.6
21.2
12.8
73.9
22.1
13.3
74.9
23.1
12.5
75.4
21.8
13.4
775
23.6
132
77.7
23.3
13.1
75.3
21.9
11.4
73J3
22.7
8.8
73.9
22.4
8.9
78.8
25.0
10.9
83.5
26.1
14.0
5
6
7
8
9
10
16.7
-1.1
-.8
17.7
15.7
0
17.0
-.9
-.5
18.0
15.9
0
16.9
-22
.2
18.5
16.3
0
17.8
-2.8
-.2
19.0
16.6
0
16.8
-2.9
-.4
19.8
17.0
0
17.4
-3.6
-.9
20.3
17.3
0
16.0
-12
-1.6
21.0
17.6
0
17.3
-3.0
-1.7
21.4
17.9
0
17.6
-2.4
-1.8
22.1
18.1
0
16.1
-1.5
-1.5
22.5
18.3
0
15.4
-1.3
-1.1
22.8
18.5
0
13.3
-.9
-.9
232
18.7
0
9.8
-2
-.8
232
18.7
0
10.0
.3
-1.4
23.6
18.9
0
12.6
-2
-1.5
23.9
19.1
0
162
-.9
-1.4
24.2
19.3
0
Government surplus or deficit (-), national Income
and product accounts.
Federal
State and local
11
-.1
2.3
2.8
6.6
6.6
5.1
5.0
4.8
3.9
2.4
1.8
-4.9
-8.0
-132
-12.8
-9.7
12
13
1.5
-1.7
3.9
-1.6
3.8
-1.0
75
-.9
7.6
-1.0
6.0
-.9
5.8
-.7
5.7
-.9
4.7
-.7
3.7
-1.3
3.1
-1.4
-2.8
-2.1
-5.4
-2.6
-10.8
-2.4
-9.9
-2.9
-8.0
-1.6
Capital grants received by the Unfted States (net) ..
14
0
0
0
0
0
0
0
0
0
0
0
0
15
64.7
67.9
70.8
742
742
73.9
75.7
76.1
77 5
76.8
78.5
68.8
62.1
59.6
66.6
732
Gross private domestic investment
Net foreign investment
16
17
64.2
.6
68.1
-2
69.9
.9
73.7
.5
73.1
1.0
71.5
2.3
72.6
3.1
71.5
4.6
71.9
5.6
71.9
4.9
73.4
5.0
65.1
3.7
60.5
1.6
58.7
.9
65.5
1.2
732
0
Statistical discrepancy
18
25
S
2
-1.4
-2.8
-3.2
-3.6
-1.8
-3.1
-1X3
-1.6
-32
-1.1
.6
-.7
Gross investment
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
U
0
0
0
0
Table 5.2.—Gross Private Domestic Investment, Consumption of Fixed Capital, and Net Private Domestic Investment by Major
Type of Investment
[Billions of dollars]
1929
Line
1931
1930
1932
1933
1934
1935
1936
1937
1938
1940
1939
1941
1942
1943
Gross private domestic investment
Less: Consumption of fixed capital
Equals: Net private domestic investment
1
2
3
16.7
9.9
6.7
103
9.7
.9
5.9
9.1
-3.2
1.1
7.9
-6.8
1.7
7.6
-6.0
3.7
7.9
- 42
6.7
7.9
-12
8.7
8.0
.7
122
8.9
3.3
7.1
9.1
-2.0
93
9.0
.3
13.6
9.4
4.3
18.2
10.2
8.0
103
11.2
-.8
6.1
11.6
-5.5
Fixed investment
Less: Consumption of fixed capital
Equals: Net fixed investment
4
5
6
143
9.9
5.0
113
9.7
12
7.0
9.1
-2.0
33
7.9
-4.3
3.1
7.6
-4.5
4.3
7.9
-3.6
5.6
7.9
-2.3
73
8.0
-.5
9.5
8.9
.7
7.7
9.1
-1.4
9.1
9.0
.1
11.2
9.4
1.9
13.8
102
3.5
83
112
-2.7
6.9
11.6
-4.7
7
8
9
113
7.7
33
8.6
73
1.1
53
7.0
-13
23
6.3
-3.4
2.5
6.0
-33
33
6.1
-2.8
43
6.1
-1.8
5.8
6.1
-.4
73
6.8
.7
53
6.9
-1.4
6.1
6.8
-.7
7.7
7.0
.7
9.7
7.6
2.1
6.3
8.4
-2.1
5.4
8.6
-3.1
10
11
12
53
33
1.9
4.4
3.5
1.0
2.6
3.2
-.6
1.4
2.8
-1.4
1.1
2.8
-1.7
12
1.4
2.9
-1.5
13
2.9
-1.1
2.7
3.3
-.6
2.1
3.3
-12
22
23
-1.6
3.3
-1.1
2.6
3.3
-.8
3.3
3.5
-.3
22
3.9
-1.7
13
42
-2.4
13
14
15
53
4.0
1.4
4.2
4.0
2
2.6
3.8
-1.1
13
3.5
-2.0
-1.8
2.1
3.3
-12
23
32
-.3
3.9
32
.7
43
3.4
1.3
3.4
3.6
-2
3.9
3.5
.4
52
3.7
1.5
6.4
4.1
2.3
4.1
4.5
-.5
3.7
4.4
-.7
4.0
22
1.7
2.4
2.2
.1
13
2.0
-.3
.8
1.7
-.9
.6
1.6
-1.0
3
1.8
-.9
1.3
1.8
-.5
1.7
1.9
-2
2.1
2.1
-.1
2.1
22
-.1
3.0
2.2
.8
33
2.3
12
4.1
2.6
1.5
22
2.8
-.6
1.4
3.0
-1.6
1.7
-.4
-1.1
-23
-13
-.6
1.1
12
2.7
-.6
.2
2*
4.4
1.9
-3
Nonresidential
Less: Consumption of fixed capital
Equals: Net nonresidential
Structures
Less: Consumption of fixed capital
Equals: Net structures
.......
Producers' durable equipment
Less: Consumption of fixed capital
Equals: Net producers' durable equipment .
Residential
Less: Consumption of fixed capital
Equals: Net residential
Change in business Inventories
16
17
18
19
Line
•
1944
1945
1946
1947
1.4
32
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
Gross private domestic investment
Less: Consumption of fixed capital
Equals: Net private domestic investment
1
2
3
73
11.9
-4.1
103
12.4
-1.5
31.3
14.2
17.1
35.0
17.6
17.4
48.1
20.4
27.7
36.7
21.9
14.8
542
23.6
30.6
60.3
27.1
332
543
29.1
24.9
563
30.9
25.4
53.8
32.4
21.4
69.0
34.4
34.6
72.2
38.1
34.1
70.6
41.1
29.5
643
42.7
21.8
Fixed investment
Less: Consumption of fixed capital
Equals: Net fixed investment
4
5
6
8.7
11.9
-32
12.3
12.4
-.1
25.1
14.2
10.9
35 3
17.6
17.9
42.4
20.4
22.0
39.6
21.9
17.6
483
23.6
24.7
50.3
27.1
23.1
503
29.1
21.4
543
30.9
23.6
553
32.4
23.3
64.0
34.4
29.7
68.1
38.1
30.0
69.7
41.1
28.6
643
42.7
22.1
7
8
9
7.4
8.7
-1.3
10.6
8.9
1.7
173
10.4
7.0
233
12.8
10.7
263
15.0
11.8
24.9
162
8.7
27.8
17.5
10.3
313
20.2
11.6
313
21.8
10.1
35.1
232
11.9
34.7
24.4
10.3
39.0
25.8
13.2
443
28.9
15.6
47.5
31.5
16.0
423
32.8
9.7
Structures
Less: Consumption of fixed capital
Equals: Net structures
10
11
12
2.4
4.2
-1.9
33
4.4
-1.0
7.4
4.9
2.4
8.1
62
2.0
93
7.0
2.6
92
7.0
2.2
10.0
7.1
23
12.0
8.1
3.9
122
8.4
3.8
133
8.7
43
13.9
8.8
5.0
15.2
9.2
5.9
18.2
10.3
7.9
19.0
11.0
7.9
17.6
11.2
6.5
Producers* durable equipment
Less: Consumption of fixed capital
Equals: Net producers' durable equipment
13
14
15
5.0
4.5
.5
7.3
4.5
2.8
93
5.4
4.5
153
6.6
8.7
173
8.0
9.3
15.7
9.2
6.5
17.8
10.3
7.5
19.9
122
7.7
19.7
13.3
6.4
213
14.4
7.1
20.8
15.6
52
23.9
16.6
7.3
263
18.6
7.7
28.6
20.5
8.1
24.9
21.6
3.2
16
17
18
1.4
3.3
-1.9
1.7
3.5
-1.8
73
3.8
4.0
12.1
43
7.3
15.6
5.4
102
14.6
5.7
8.9
203
62
14.4
18.4
6.9
11.5
18.6
7.4
112
19.4
7.7
11.7
21.1
8.0
13.0
25.0
8.5
16.5
23.6
92
14.4
22 2
9.6
12.6
223
9.9
12.4
19
-3
-1*
62
-3
5.6
-23
5.9
10.1
33
1.8
-1.9
43
4.1
.9
-.4
Nonresidential
Less: Consumption of fixed capital
Equals: Net nonresidential
Residential
Less: Consumption of fixed capital
Equals: Net residential
Change In business Inventories
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
Table 5.3.—Gross Private Domestic Investment, Consumption of Fixed Capital, and Net Private Domestic Investment by Major
Type of Investment in Constant Dollars
[Billions of 1987 dollars}
1929
Line
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
1941
1942
1943
Gross private domestic investment
Less: Consumption of fixed capital
Equals: Net private domestic investment
1
2
3
1524
97.6
55.2
107.2
99.7
7.5
67.2
100.1
-32.9
25.0
99.3
-74.3
26.6
97.3
-70.7
41.1
95.9
-54.8
652
94.7
-29.5
89.9
94.4
-4.5
106.4
94.9
115
693
95.3
-25.4
93.4
95.0
-1.6
121.8
95.5
26.3
149.4
97.1
52.3
81.4
97.7
-16.3
53.5
96.3
-42.8
Fixed investment
Less: Consumption of fixed capital
Equals: Net fixed investment
4
5
6
142.1
97.6
44.6
108.0
99.7
8.4
75.0
100.1
-25.1
42.5
99.3
-56.7
36.8
97.3
-60.5
46.9
95.9
-49.0
59.8
94.7
-34.9
79.9
94.4
-14.5
923
943
-2.0
754
95.3
-20.0
90.4
95.0
-4.6
107.1
95.5
11.6
122.0
97.1
24.9
70.0
97.7
-27.7
53.6
96.3
-42.7
7
8
9
100.6
74.1
26.5
82.7
75.8
6.9
54.0
76.1
-22.2
31.4
75.3
-43.9
27.7
73.4
-45.6
34.2
72.0
-37.8
42.4
70.7
-28.4
57.9
70.3
-12.4
69.1
70.6
-1.6
51.3
70.8
-19.5
56.5
702
-13.7
69.0
70.5
-1.5
81.6
71.7
10.0
49.6
72.0
-22.4
41.3
70.7
-29.4
Nonresidential
Less: Consumption of fixed capital
Equals: Net nonresidential
Structures
Less: Consumption of fixed capital
Equals: Net structures
10
11
12
58.9
41.5
17.5
49.7
42.4
7.3
32.1
42.8
-10.7
18.8
42.7
-23.9
14.8
42.3
-27.5
16.3
41.9
-25.6
18.1
41.5
-23.4
24.0
412
-172
30.3
41.1
-10.8
24.1
41.0
-16.9
25.6
40.7
-15.1
28.9
40.5
-11.6
34.4
40.4
-5.9
20.9
40.1
-19.2
15.3
39.5
-242
Producers'durable equipment
Less: Consumption of fixed capital
Equals: Net producers' durable equipment
13
14
15
41.7
32.6
9.0
33.0
33.4
-.4
21.9
33.3
-11.4
12.6
32.6
-20.0
123
31.1
-18.1
17.9
30.1
-122
24.3
29 2
-5.0
33.9
29.1
4.8
38.7
29.5
92
272
29.9
-2.7
30.9
29.5
1.4
40.1
30.0
10.1
472
31.3
15.9
28.6
31.9
-32
26.0
31.1
-5.1
16
17
18
41.6
23.5
18.1
25.3
23.8
1.5
21.0
24.0
-3.0
11.1
24.0
-12.9
9.1
24.0
-14.9
12.7
23.9
-11.3
17.5
23.9
-6.5
22.0
24.1
-2.1
23.8
24.3
-.5
24.0
24.5
-.5
33.9
24.7
9.1
38.1
25.1
13.1
40.4
25.4
14.9
204
25.7
-52
12.4
25.6
-13.3
Change in business Inventories
19
10.6
-A
-7.8
-17.5
-102
-5.8
5.4
10.0
13.6
- 5A
3.0
14.7
27A
1U
-.1
Gross private domestic investment
Less: Consumption of fixed capital
Equals: Net private domestic investment
1
2
3
59.8
95.3
-35.5
82.6
95.9
-13.4
195.5
98.8
96.7
198.8
103.1
95.7
229.8
108.7
121.1
1874
1142
73.2
256.4
119.5
136.9
255.6
125.4
1302
231.6
131.1
100.5
240.3
136.7
103.6
234.1
142.4
91.7
284.8
148.1
136.7
2822
154.3
127.9
266.9
159.8
107.1
245.7
164.3
81.4
4
5
6
65.4
95.3
-29.9
91.3
95.9
-4.6
167-5
98.8
68.7
198.5
103.1
95.5
216.1
108.7
107.4
1964
1142
82.3
233.9
119.5
114.4
225.6
125.4
1002
2223
131.1
90.9
2352
136.7
98.6
239.7
142.4
97.3
268.7
148.1
120.7
270.0
154.3
115.7
264.8
159.8
105.0
248.1
164.3
83.7
7
8
9
54.6
69.8
-15.2
78.5
70.5
8.0
114.9
73.1
41.8
131.5
76.4
55.1
136.0
81.0
55.0
122.1
852
36.9
132£
89.3
432
140.6
93.8
46.8
138.6
98.3
40.3
148.9
102.7
462
1462
107.1
39.1
160.5
111.3
49.2
1712
116.0
55.2
172.1
120.1
52.0
154.3
1232
312
19.9
38.9
-19.0
27.2
38.5
-11.3
54.5
38.5
16.0
49.5
38.8
10.7
51.9
39.2
12.7
50.8
39.6
112
542
40.0
142
582
40.6
17.6
582
412
16.9
632
42.0
212
65.3
42.9
22.4
69.8
44.0
25.8
77.0
45.2
31.7
77.1
46.6
30.5
72.6
47.8
24.9
Residential
Less: Consumption of fixed capital
Equals: Net residential
1944
Line
Fixed investment
Less: Consumption of fixed capital
Equals: Net fixed investment
Nonresidential
Less: Consumption of fixed capital
Equals: Net nonresidential
!
.......
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
Structures
Less: Consumption of fixed capital
Equals: Net structures
10
11
12
Producers'durable equipment
Less: Consumption of fixed capital
Equals: Net producers' durable equipment
13
14
15
34.7
30.9
3.8
51.3
32.0
19.3
60.4
34.6
25.9
82.0
37.6
44.4
84.1
41.8
4^3
71J3
45.7
25.6
78.3
49.4
29.0
82.4
53.3
29.1
80.4
57.1
23.4
85.7
60.7
25.0
80.9
642
16.7
90.8
67.4
23.4
94.3
70.8
23.5
95 JO
73.5
21.5
81.7
75.4
6.3
16
17
18
10.9
25.5
-14.7
12.8
25.4
-126
52.5
25.7
26.8
67.0
26.6
40.4
80.1
27.8
52.4
74.3
28.9
45.4
101.4
302
712
85.0
31.6
53.4
83.4
32.8
50.6
86.3
34.0
52.4
93.5
35.3
58.2
1082
36.7
71.4
98.8
38.3
60.6
92.7
39.7
53.0
93.7
412
52.5
19
-5.6
-8.7
28.0
.3
13.7
-9.1
22.5
30.0
9.6
5.1
-5.6
16.1
12.1
2.1
-2.3
Residential
Less: Consumption of fixed capital
Equals: Net residential
Change In business Inventories
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
.
Table 5.4.—Fixed Investment by Type: 1946-58
[Billions of dollars; quarters seasonally adjusted at annual rates]
Line
Fixed investment
.
Nonresidential
Nonresidential buildings, including farm
Utilities
Mining exploration, shafts, aid wells
Other structures
........
Producers' durable equipment
....
Information processing and related equipment
r!nmruitorc arvi f\a firth oral oouinmflnt '
Other1
Industrial equipment
Transportation and related equipment
Other
Residential
Structures
Single family
Multi family
Other structures
Producers'durable equipment
.....
1947
1946
1949
1948
1954
1953
1952
1951
1950
1957
1956
1955
1958
505
545
555
64.0
68.1
69.7
64.9
1
25.1
35.5
424
39.6
48.3
50.3
2
17.3
23.5
26.8
24.9
27.8
31.8
315
35.1
34.7
395
445
475
42J
3
4
5
6
7
7A
4.1
1.7
.8
.8
8.1
4.1
2.6
.9
.5
9.5
4.7
3.3
12
.3
92
4.3
3.5
12
2
10.0
4.8
3.5
1.4
2
124
62
3.9
1.7
.1
122
6.0
4.1
2.0
.1
135
6.7
4.6
2.1
2
135
72
42
2.3
2
15.2
82
4.1
2.5
.4
182
10.4
5.1
2.7
.1
19.0
10.7
5.4
2.6
2
17.6
10.0
5.1
2.4
2
8
9
10
11
12
13
14
9.9
12
15.3
1.7
17.3
1.8
15.7
1.6
172
1.8
19.9
2.1
19.7
2.4
215
2.7
205
2.4
23.9
2.8
265
3.4
28.6
4.0
24.9
3.6
12
3.1
3.0
2.7
1.7
4.6
4.9
4.1
1.8
4.6
55
5.4
1.6
3.7
5.7
4.7
iS
4.4
6.4
5.1
5.6
6.6
5.5
2.4
5.9
5.7
5.6
27
6.7
6.6
5.6
2.4
7.0
6.0
5.4
25
72
7.5
6.4
3.4
8.8
7.4
6.8
4.0
9.6
8.3
6.7
IS
8.1
6.1
7.0
15
7.8
12.1
15.6
14.6
205
18.4
18.6
19A
21.1
25.0
23.6
222
22.3
16
17
18
19
7.6
11.8
15.3
14.3
20 2
18.1
18.2
194
20.7
24.6
23.1
21.7
2.4
3.5
4.2
3.7
4.0
45
4.9
5.1
55
6.0
6.6
6.6
21.9
13.1
2.3
6.4
20
2
2
2
2
A
A
.4
A
A
A
5
5
i
1947
1946
1950
1949
1948
Line
1
II
111
IV
1
II
111
IV
1
11
111
IV
1
II
III
1
IV
1
19.4
235
27.4
302
332
335
35.6
395
415
422
43.1
43.1
405
39.2
38.6
39.9
425
47.0
2
13.6
16.1
18.7
205
225
232
235
245
26 2
26.0
27.0
28.1
26.6
255
24.1
235
24 2
26.6
Structures
..
Nonresidential buildings, including tetfm
Utilities
Mining exploration, shafts, and wells
Other structures
3
4
5
6
7
62
7.4
75
75
75
75
85
8A
85
95
95
10.1
9.7
9.4
8.9
8.7
9.1
95
Producers' durable equipment
Information processing and related equipment
Computers and peripheral equipment1
Other'
Industrial equipment
Transportation and related equipment
Other
8
9
10
11
12
13
14
72
5
85
1.0
105
1.3
13.0
15
14.9
1.7
152
1.7
154
1.8
16.1
1.8
175
1.8
16.7
1.8
17.1
1.7
18.0
1.9
165
1.8
16.1
1.6
152
1.6
14.9
1.5
15.1
1.6
17.1
1.8
5
2.4
1.9
22
1.0
25
25
2.3
15
3.4
3.5
2.7
15
3.9
42
3.4
17
4.7
4.7
3.9
17
4.5
4.9
42
15
4.7
4.7
3.9
15
4.3
5.4
4.5
I"B
4.7
5.7
5.1
1.8
4.5
5.3
5.1
17
4.3
55
5.5
15
4.8
5.4
55
15
4.4
5.5
5.1
15
3.7
5.8
5.0
l3
3.4
5.7
4.5
15
32
5.8
4.3
1.6
3.5
5.6
4.5
1.8
4.3
5.9
5.1
Fixed Investment
Nonresidential
............
............ ............
15
55
7A
8.7
95
10.4
10 A
125
15.1
152
165
16.1
154
144
13.7
145
16.3
18.1
20.4
Structures
Single family
Muttifamily
Other structures
16
17
18
19
55
72
85
9.0
10.1
102
12.0
145
145
155
15.8
14.7
13.7
13.4
145
16.0
175
20.0
Producers' durable equipment
20
.1
2
2
2
5
5
5
5
5
5
.4
2
2
.3
5
5
.4
Residential
1950
2
1951
1952
1954
1953
Line
III
Fixed investment
IV
1
III
II
IV
1
II
III
IV
I
IV
III
II
1
IV
II
III
58.1
1
52.0
515
51.7
50.0
49.6
49.6
505
514
485
515
544
54.6
55.1
54.3
535
54.6
56.8
2
29.6
30.6
305
315
325
322
32.4
325
295
325
345
345
355
354
345
345
35.0
345
Structures
Nonresidential buildings, including farm
Utilities
Mining exploration, shafts, and wells
Other structures
3
4
5
6
7
105
114
115
122
125
115
124
121
122
12.6
13.1
135
13.7
144
135
135
13.9
134
Producers* durable equipment
Information processing and related equipment
Computers and peripheral equipment1
Other'
Industrial eqiipment
Transportation and related equipment
Other
8
9
10
11
12
13
14
19.4
15
19.6
2.0
19.4
2.0
19.7
2.1
202
22
20 2
2.3
20.4
2.4
4.5
7.4
5.6
2.0
5.5
6.8
5.3
2.0
5.0
6.9
5.4
2*1
5.5
6.6
5.4
22
6.0
65
5.4
2.3
5.9
62
5.9
2*4
5.9
6.3
5.8
............ ............
.........1.9 .
215
2.6
215
2.7
22.1
25
21.4
25
20.6
2.5
20.4
2.4
21.1
2.4
21.1
25
5.7
6.0
5.7
25
6.2
65
5.9
SL7
6.6
6.6
5.4
25
6.9
6.7
5.7
25
7.0
6.6
5.3
25
7.0
62
5.0
2A
6.9
5.9
5.3
2.4
7.3
5.9
5.6
2.5
6.9
6.1
5.6
205
2.6
17.7
2.3
195
25
2.6
6.5
5.8
5.9
Z3
55
4.8
5.1
..........
............
............
»•»
15
225
215
205
182
172
175
184
185
185
19.4
19.7
19.8
192
185
194
205
21.8
232
Structures
Single family
Multifamiiy
Other structures
16
17
18
19
22.0
205
20.4
17.9
165
17.1
17.7
18.1
182
194
195
19 A
185
185
18.7
195
21.4
22.7
Producers' durable equipment
20
.4
.4
A
•4
Residential
See footnote^) at end of table.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
....
A
.4
A
A
.4
............ zzzz zzzz.
5
A
2
ZZZZ ZZZ! ZZZ" zzzzz.
A
A
A
A
A
*
A
Table 5.4.—Fixed Investment by Type: 1946-58-Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]
1955
1956
1957
Line
I
II
1
60.4
63.5
65.7
2
35.4
373
Structures
Nonresidential buildings, including farm .
Utilities
Mining exploration, shafts, and wells
Other structures
3
4
5
6
7
143
Producers' durable equipment
Information processing and related equipment..
Computers and peripheral equipment1
Other1
Industrial equipment
Transportation and related equipment
Other
8
9
10
11
12
13
14
Fixed investment.
Nonresidential
Residential
111
IV
1
11
III
66.6
66.6
67.8
683
40.4
42.5
423
43.9
14.7
15.4
16.2
17.4
21.1
2.4
23.1
2.6
25.0
3.0
263
3.2
25.4
3.1
2.4
6.4
6.7
5.7
2.6
6.8
7.5
62
3.0
7.3
8.1
6.5
32
8.2
7.8
7.1
8.0
7.4
6.9
IV
1958
1
II
111
69.0
69.6
693
70.4
69.4
64.6
63.0
63.9
68.0
45.4
45.9
47.0
47.1
48.4
475
43.6
423
41.4
433
18.0
18.6
18.7
18.8
19.0
19.1
183
18.1
10.2
52
2.5
2
17.6
9.9
5.0
2.4
2
17.3
9.8
4.9
2.3
2
175
99
5.)
2.3
2
25.9
3.4
26.8
3.4
27.2
3.5
28.2
3.6
28.1
4.0
293
4.3
28.6
4.0
255
3.7
24.4
3.5
24.1
3.6
25.5
3.7
14
8.5
7.4
6.6
3.4
9.3
7.1
7.0
35
9.3
7.7
6.7
3.6
9.5
8.1
6.9
4.0
9.5
8.1
6.5
4.3
9.7
8.6
6.7
4.0
9.5
82
6.8
3.7
8.6
6.6
6.6
3.5
8.1
5.8
6.9
3.6
7.8
5.6
7.2
3.7
8.0
6.4
7.2
£
IV
1
111
II
IV
15
25.0
25.6
25.2
24.2
23.7
233
235
23 3
22.6
222
220
21.9
20.9
213
225
243
Structures .
Single family .
Multifamily
Other structures
16
17
18
19
24.6
25.2
243
23.7
23.2
23.5
233
22.6
222
21.7
215
21.4
20.6
12.5
2.2
5.9
20.6
12.4
22
6.0
22.0
13.2
2.3
65
243
14.5
2.6
72
Producers' durable equipment .
20
.4
.4
.4
.4
.5
.5
5
.4
.5
5
A
5
3
A
5
.6
l. Une 10 includes new computers and peripheral equipment only. Prtor to 1982, i
equipment are included in other information processing and related equipment (line 11).
Table 5.5.—Fixed Investment by Type in Constant Dollars: 1947-58
[Billions of 1987 dollars; quarters seasonally adjusted at annual rates]
Line
Fixed Investment
1947
1948
1950
1949
1951
1952
1954
1953
1957
1956
1955
1958
1
1985
216.1
196.4
2333
2255
2220
235.2
239.7
268.7
270.0
264.8
248.1
2
1315
136.0
122.1
1325
140.6
138.6
1483
1462
1605
1712
172.1
1543
Structures
Nonresidential buildings, including farm
Utilities
..
..
Mining exploration, shafts, and wells
Other structures
3
4
5
6
7
495
25.1
16.5
4.9
3.1
51.9
25.7
18.5
6.0
1.7
50.8
24.1
19.5
6.1
1.1
542
27.1
18.8
7.2
1.1
582
31.1
19.1
75
.6
58.2
29.4
19.7
8.4
.7
63.2
32.1
21.0
92
.8
653
35.6
18.7
10.1
.9
69.8
39.5
17.4
10.9
2.0
773
462
19.7
10.6
5
77.1
45.9
202
10.0
1.1
72.6
435
18.8
9.3
1.0
Producers' durable equipment
Information processing and related equipment....
Computers and peripheral equipment1 .. ........
Other1
Industrial equipment
Transportation and related equipment
Other
„..:.
8
9
10
11
12
13
14
823
4.7
84.1
4.8
713
4.4
78.3
4.8
824
5.4
80.4
6.2
85.7
6.8
803
5.9
903
6.9
943
8.0
95.0
8.9
81.7
7.9
4.7
325
22.3
224
4.8
30.0
22.2
27.1
4.4
22.8
212
22.9
43
26.5
22.8
242
5.4
29.5
22.6
24.9
6.2
30.1
19.0
25.2
6.8
33.3
21.5
24.1
5.9
34.2
18.4
22.3
6.9
34.1
23.2
26.6
8.0
37.7
21.3
27.3
8.9
37.8
23.0
25.4
7.9
31.3
16.7
253
Nonresidential
Residential
15
673
80.1
74.3
101.4
853
83.4
86.3
935
1082
983
917
93.7
Structures
Single family
Multifamily
Other structures
16
17
18
19
665
79.6
733
1003
84.4
82.9
853
923
1075
98.1
92.0
20.5
225
20.0
21.1
23.1
24.1
25.1
27.4
28.7
28.9
923
54.3
10.4
28 2
Producers' durable equipment
20
5
5
5
5
5
.6
5
,7
.7
.7
3
—
5
1947
Line
II
1
Fixed Investment
Nonresidential
Structures
Nonresidential buildings, induding farm
Utilities
Mining exploration, shafts, and welts
Other structures
...1
Producers' durable equipment
Information processing and related equipment ,,.
Computers and peripheral equipment1
Other'
......
Industrial equipment
........
Transportation and related equipment
Other
Residential
Structures
Single family
Multifamily
Other structures
Producers' durable equipment
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
1948
III
IV
1
1950
1949
II
111
IV
1
II
111
IV
2482
2419
1405
553
141.4
50 5
231.7
129.6
53.0
II
111
IV
1923
124.1
52.0
1925
117.7
493
1992
1152
2113
1185
48.4
I
1
195.4
189.7
196.9
133 3
493
1313
495
129.6
493
212.0
131.4
49.0
2172
1373
49.8
218.4
2
3
4
5
6
1342
512
2155
134.0
52.9
2133
1383
533
2012
131.4
83.9
81.8
793
82.4
883
83.0
812
84.1
673
663
68.0
76.6
84.6
84.1
4.6
4.8
4.6
4.9
4.7
4.6
5.1
78.3
4.8
722
4.8
4.4
4.1
4.1
42
49
4.9
5.3
45
27.8
21.7
27.0
5.1
29.6
20.3
29.1
4.8
27.0
21.0
25.5
4.4
22.7
21.1
23.9
4.1
21.2
212
21.4
4.1
20.3
215
20.9
42
21.9
19.8
22.1
4.9
262
21.0
24.6
4.9
26.9
26.3
26.4
5.3
30.9
23.9
233
53.1
573
7
8
9
10
11
12
13
14
15
16
17
18
19
20
4.8
352
21.9
22.0
45
32.4
22.3
225
4.8
33.0
21.3
20.7
45
29.6
23.9
24.3
43
321
24.3
26.7
4.7
30.3
22.3
25.7
615
61.1
58.4
58.0
67.4
663
80.6
80.1
795
842
815
75.4
693
84.0
107.7
1025
81.0
743
69.4
743
835
913
923
102.1
817
68.7
682
743
79.0
1015
107.1
1013
5
5
5
5
5
5
5
.5
.5
5
.4
5
5
.6
5
.7
Table 5.5.—Fixed Investment by Type in Constant Dollars: 1947-5S—Continued
[Billions of 1987 dollars; quarters seasonally adjusted at annual rates]
Fixed investment
Nonresidential
Structures
Nonresidential buildings, including farm .
Utilities
Mining exploration shafts, and wells
Other structures
.
Producers' durable equipment
Information processing and related equipment
Computers and peripheral equipment1
Other1
Industrial equipment
Transportation and related equipment
Other
Residential
Structures
Single family
Multifamity
Other structiffes
Producers* durable equipment
1954
1953
1952
1951
III
IV
1
234*
225.1
222.3
220.6
223.1
225.6
2123
2263
2353
2353
235*
234.1
2313
2353
243.6
247.8
2
1373
1403
143.6
141.1
1413
1423
130*
1393
1473
147.7
1503
149.8
1463
1452
1473
145.8
3
4
5
573
59.4
59.1
56.9
57.0
57.5
58.0
602
613
63.0
633
64*
652
65.6
65*
65.1
79.6
5.0
81*
5.2
843
5.6
842
5.6
843
5.9
85.1
6.7
723
5.9
79.7
6.5
85.6
6.8
84.7
6.9
872
7.1
85*
6.4
81.1
6.2
79.6
5.8
82.1
5.8
80.7
5.8
5.0
26.5
23.7
24.4
5.2
29.0
23.0
242
5.6
31.9
22.7
24.3
5.6
30.6
212
26.8
5.9
30.9
212
26.5
6.7
33.1
19.0
26.3
5.9
27.9
16.5
22.3
6.5
28.4
19.3
25.6
6.8
31.4
20.9
26.6
6.9
33.0
21.4
23.5
7.1
34.2
21.5
24.3
6.4
34.8
22.4
21.9
6.2
33.9
20.4
20.5
5.8
33.7
182
21.8
5.8
35.8
17.3
23.1
5.8
33.4
17.6
23.8
II
1
III
IV
II
I
111
IV
1
II
III
IV
II
I
6
7
8
9
10
11
12
13
14
15
97*
842
78.8
793
81.6
83.0
823
86.6
88.0
882
84.9
84.2
85.1
90.6
96.1
102.0
16
17
18
19
963
83.7
782
79.0
81.1
823
81.8
863
873
87.6
84.4
83.7
84.6
90.1
95.5
101.4
20
.6
3
.6
3
.5
.6
3
.6
.6
.6
.5
3
3
.6
.6
3
III
IV
1955
1957
1956
Line
IV
I
Fixed investment.,
Nonresidential
Structures .
I
111
IV
II
2573
2683
273.6
275.0
269.7
270.9
2714
268.1
267*
2643
266.0
2613
247.7
241.2
148.3
1573
165.1
171.3
169.0
170.9
173.4
1713
172.3
1712
1743
170.4
1593
153.1
67.1
68.7
703
72.5
74.7
77.4
77.9
773
772
772
772
76.7
75.0
44.9
19.3
9.8
1.0
72.6
432
18.9
9.4
1.1
81.1
5.8
88.8
6.4
943
7.4
983
8.0
942
7.5
933
8.4
953
7.9
933
8.1
95.0
8.2
94.0
8.9
973
9.7
933
8.7
843
8.2
80.6
7.5
5.8
30.8
20.5
24.0
6.4
32.9
232
26.3
7*
34.8
24.9
27.1
83
37.9
24.0
28.9
7.5
36.4
22.0
28.3
8*
36.4
21.7
27.0
8.1
82
38.3
21.3
26.1
382
21.9
26.7
8.9
38.0
22.2
24.9
97
38.0
24.3
25.3
87
36.9
23.4
24.7
8.2
33.6
18.4
24.4
7.5
31.6
15.9
25.6
109.6
1113
1083
103.7
100.7
100.0
983
963
95.1
923
913
913
882
1083
1103
1073
1033
100.0
99.3
972
95.9
94.3
923
903
903
873
51.6
9.9
Nonresidential buildings, including farm .
Utilities
Mining exploration, shafts, and wells
Other structures
Producers'durable equipment
Information processing and related equipment..
Computers and peripheral equipment1
Other'
Industrial equipment..
Transportation and related equipment .
Other
Residential .
Structures
Single family
Multifamity
Other structures
Producers' durable equipment .
1. Line 10 includes new computers and peripheral equipment only. Prior to 1982, all computers and peripheral
equipment are included in other information processing and related equipment (line 11).
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
73
39.6
202
27.7
262
873
51.0
9.8
26.5
.7
Table 5.6.—Purchases of Structures by Type
[Billions of dollars]
Line
1
Purchases of structures
1929
1930
1931
1932
1934
1933
1935
1936
1937
1938
1939
1941
1940
1942
1943
1
11.9
9.7
7.1
4.0
3.4
4.4
4.9
72
8.0
7.8
9.0
9.6
13.0
15.0
9.4
2
9.4
6.7
4.3
2.1
1.7
2.1
2.7
3.5
4.7
42
52
6.0
7.2
4.4
32
3
5.5
4.4
2.6
U
1.1
12
1.4
1.9
2.7
2.1
22
2.6
3.3
2.2
1.8
4
5.5
4.4
2.6
1.4
1.1
1.2
1.4
1.9
2.7
2.1
22
2.6
3.2
22
1.8
Nonresidential buildings, excluding farm
industrial
Commercial
Religious
Educational
Hospital and institutional
Other2
5
6
7
8
9
10
11
2.9
.9
1.1
.1
.1
.1
.4
2.1
.5
.9
.1
.1
.1
.3
1.1
.5
.1
.5
2
2
0
0
0
.1
.5
2
2
0
0
0
.1
.8
.3
.3
0
0
0
.1
1.1
.5
.4
0
0
0
.1
.8
2
.3
.1
0
0
2
.8
.3
.3
0
0
0
2
1.1
.4
.3
.1
.1
0
2
1.5
.8
.4
.1
.1
0
.2
.7
.3
2
.1
0
.1
.4
.2
.1
0
0
0
.1
.2
.2
0
0
0
0
0
Utilities
Railroads
Telecommunications
Electric light and power
Gas
Petroleum pipelines
12
13
14
15
16
17
2.0
.9
.4
.4
.2
2
1.8
.8
.3
.4
.6
.3
.1
.1
.1
.1
.4
.2
0
.1
0
0
.5
.3
0
.1
0
0
.5
.3
.1
.1
0
.1
.7
.3
.1
.1
.1
.1
.8
.3
.1
.3
.1
.1
.9
.3
.1
.3
.1
.1
1.0
,4
.1
.3
.1
.1
1.1
.4
2
.3
.1
.1
1.0
.6
.1
.1
.1
.1
Farm
Mining exploration, shafts, and welts
Petroleum and natural gas
Other
Other1
18
19
20
21
22
.1
.4
.4
0
.1
.1
.3
.3
0
.1
0
.1
.5
.5
.1
.4
.4
0
0
0
.1
.4
.4
0
0
.1
.4
.4
0
0
.1
.3
.3
0
0
.1
.3
.3
0
0
.1
.4
0
.1
0
2
2
0
0
Brokers' commissions on sale of structures
Net purchases of used structures
23
24
.1
0
.1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3
12
1.6
2.0
2.1
3.0
.7
1.1
1.7
2.0
2.1
2.8
.4
.4
.8
.8
1.3
1.3
1.6
1.6
1.7
1.7
2.4
0
.3
0
0
0
0
0
.3
0
.4
0
0
0
0
.1
.1
-.2
.1
-.2
.1
-2
0
Private
Nonresidential
New
Residential
2
.1
2
.5
.1
.1
.1
2
12
.5
2
2
.1
.1
0
2
2
2
0
0
.2
2
2
2
25
3.9
2J3
1.7
.7
26
3.7
2.1
1.6
.7
27
28
29
30
31
32
33
32
32
1.7
1.7
1.4
1.4
.5
0
.5
.1
0
.4
.1
0
0
.1
0
0
0
Brokers' commissions on sale of structures .
Net purchases of used structures
34
35
.2
0
2
0
.1
0
.1
0
.1
0
Government structures and new construction forceaccount compensation.
36
2.6
2.9
2.7
1.9
2.9
2.7
New
New housing units
Permanent site
Single family structures
Multifamily structures
Mobile homes
Improvements
Other4
New
37
2.5
2
J5
0
-.1
0
0
0
0
0
0
3.4
4.0
2.1
1.4
32
3.8
1.9
1.1
2.7
2.7
32
3.2
1.6
1.6
.8
.8
0
0
0
1A
.4
.5
0
.1
2
.1
5.8
10.6
62
3.6
5.8
10.7
6.3
.8
2
.2
2
.1
2
2.1
.4
1.3
2
0
.2
42
.5
3.4
.1
0
.1
2.7
.7
1.9
1.3
.4
.5
.3
2
.2
.3
1.1
1.6
.5
.3
.7
5.0
.2
2
0
0
22
2.2
3.5
3.1
3.4
3.8
.7
1.0
.1
0
1.3
1.5
1.4
0
.1
0
1.0
0
.1
.1
2
.1
Net purchases of used structures
51
.1
.8
0
2
.1
2
2
0
2
2
.1
.1
.1
.1
.1
.1
0
.4
.1
0
.1
.1
0
.1
.1
2
1.0
0
.5
.2
.1
.1
.1
0
.3
0
0
2
0
.1
.8
0
.7
2
.1
.1
.1
0
.8
.6
.1
0
.1
0
.4
.1
.3
.3
.1
2
.1
1.4
12
1.4
1.4
0
0
.1
.1
0
0
.3
.3
.7
.3
2
.1
.6
.3
2
.4
.3
.6
.4
2
.1
.3
2
2
2
.1
.2
.2
0
2
.1
2
0
0
.1
0
.1
.4
0
.3
0
.2
1.6
0
.5
0
0
.4
44
45
46
47
48
49
50
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
0
0
1.9
Highways and streets
Military facilities
Conservation and development
Sewer and water systems
Sewer systems
Water supply facilities
Other6
See footnote(s) at end of table.
0
0
3.6
.3
.2
0
0
33
.2
.3
0
0
3.6
.4
.2
.3
0
0
33
.1
2
.1
.3
0
3.7
.1
2
.1
2
.4
.4
o'
2.3
.4
.6
0
0
0
o'
1.7
41
42
43
40
.7
0
0
2
0
.1
.1
.5
0
0
0
.1
.1
2
.7
0
0
.3
.3
A
0
22
Buildings, excluding military
Residential
Industrial
Educational
Hospital
Other5
38
39
.6
A
.1
0
0
0
.1
0
.1
.1
.4
2
.1
.1
0
.1
0
0
.4
2.6
.3
.1
0
.1
2
-.1
Table 5.6.—Purchases of Structures by Type—Continued
[Billions of dollars]
1945
Purchases of structures1
1947
1946
1946
223
29.4
293
15.0
193
243
233
7*
8.1
93
92
6.6
7.7
9.3
9.0
9.9
Nonresidential buildings, excluding farm .
Industrial
Commercial
Religious
Educational
Hospital and institutional .
Other2
3.5
1.7
12
3.3
1.7
33
1.0
.1
.1
.3
2
.1
.3
3.9
1.4
1.4
.3
.3
.1
.4
4.0
1.1
1.4
.4
.3
.3
.5
Utilities
Railroads
Telecommunications
Electric light and power ,
Gas .
Petroleum pipelines .
1.7
.7
3
.4
Z
.1
26
.8
3
.8
.4
Z
3.3
.9
.7
1.0
.5
.2
3.5
.8
.5
1.3
.6
3.5
.8
.4
.8
.7
12
12
.1
12
12
Private
Nonresidential
New..
Farm
Mining exploration, shafts, and wells ..
Petroleum and natural gas
Other
Other3
Brokers' commissions on sale of structures .
Net purchases of used structures
Residential .
New..
New housing units
Permanent site
Single family structures
Multifamily structures
Mobile homes
Improvements
Other4
.1
.7
.8
.7
1.0
.1
12
.4
.3
2
.5
1954
1953
1952
1951
1949
16.6
1955
1956
394
41.4
44.0
46.4
513
30.1
303
30.4
32.6
34.6
39.7
413
103
12.0
122
133
133
152
182
12 2
13.5
13.8
14.9
182
5.4
2.1
1.5
3
3
.4
.6
52
2.3
6.5
2.0
.4
.4
.4
.5
5.9
2.2
13
.5
.4
.3
.6
7.5
2.3
3.1
.7
3
.3
.6
9.6
3.2
3.9
.8
.6
.3
.8
3.9
.9
.5
1.3
t.0
4.6
1.0
.6
1.8
3
.4
42
.8
.7
1.7
.7
2
4.1
.8
.8
1.5
5.1
.9
1.1
1.8
1.1
.1
.8
2.1
2.1
.7
2.3
2.2
.1
.1
.7
23
2.4
.1
.2
.8
2.7
2.6
.1
.1
0
.1
-.1
.1
.1
.1
-.2
12
2
12
2
4.1
1.0
.6
1.5
.7
.3
.8
1.7
1.6
.1
.1
.9
2.0
1.9
.1
.1
22
.6
.5
.3
.7
.1
.1
.1
.7
1.4
1.4
,1
.1
.1
2
.1
.1
.1
0
.1
0
.1
0
11.8
15.3
143
20 2
18.1
182
19.0
20.7
24.6
23.1
11.2
14.8
13.9
19.7
17.5
17.6
18.3
19.9
23.7
22.3
8.4
8.3
11.4
11.2
10.8
10.7
16.3
16.1
13.9
13.8
13,6
13.4
14.1
13.9
15.6
15.4
18.9
18.6
17.1
16.5
.1
3.5
.t
2
3.9
.1
2
42
.1
.4
4.7
.1
.5
5.1
2
.7
-.1
.8
-.1
3
.1
.1
.1
.4
.1
3.1
.1
Brokers' commissions on sale of structures .
Net purchases of used structures
.5
-.1
Government structures and new construction forceaccount compensation.
63
.1
.1
.9
-.1
1.0
-2
1.0
-.2
103
114
11.9
11.8
13.1
10.8
112
11.7
11.7
12.7
Buildings, excluding military.,
Residential
Industrial.
Educational....
Hospital
Other5
4.8
.7
1.7
1.6
.5
.4
4.9
.6
1.8
1.7
.4
3
4.9
.3
1.5
2.1
.3
.6
4.5
.3
.7
2.4
.3
.7
4.4
.3
.5
2.6
.3
.8
Highways and streets
Military facilities .
Conservation and development .
Sewer and water systems
Sewer systems
Water supply facilities
Other6
2.7
1.4
3.0
1.3
.9
.9
.5
.4
2
3.7
1.0
.8
1.0
.6
.4
.3
3.9
1.3
.7
1.1
4.4
1.4
.8
1.3
.7
.6
.5
New
6.9
9.4
Net purchases of used structures .
1. In this table, purchases of structures includes compensation of government employees engaged in new forceaccount construction. In tables 1.3, 3.1, and 3.7, this compensation is classified as a service and is included as
part of government compensation of employees.
2. Consists of hotels and motels, buildings used primarily for social and recreational activities, and buildings not
elsewhere classified, such as passenger terminals, greenhouses, and animal hospitals.
3. Consists of streets, dams and reservoirs, sewer and water facilities, parks, airfields, etc. Also includes buildings
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
of private local transit systems from 1929 to 1958; beginning in 1959, these buildings are included in other
nonresidential buildings.
4. Consists of dormitories, fraternity and sorority houses, nurses' homes, etc.
5. Consists of general office buildings, police and fire stations, courthouses, auditoriums, garages, passenger terminals, etc.
6. Consists of electric and gas facilities, transit systems, airfields, etc.
Table 5.7.—Purchases of Structures by Type in Constant Dollars
[Billions of 1987 dollars]
Line
Purchases of structures1
Private
Nonresidential
1929
1930
1931
1932
1934
1933
1935
1936
1937
1938
1939
1940
1941
1942
1943
1
125.3
104.9
842
573
44.1
524
59.7
84.0
86.6
83.9
99.5
1045
1352
145.1
83.1
2
100.3
74.8
53.0
293
233
283
35.4
453
533
473
59.2
663
745
412
27.6
3
58.9
49.7
321
18.8
143
163
18.1
24.0
303
24.1
25.6
28.9
34.4
20.9
153
4
58.5
49.4
32.1
18.9
14.8
16.3
18.1
23.9
302
24.1
25.7
29 2
34.3
20.8
15.2
Nonresidential buildings, excluding farm
Industrial
Commercial
Religious
Educational
Hospital and institutional
Other2
5
6
7
8
9
10
11
33.5
11.8
12.7
1.8
1.4
12
4.6
26.4
7.3
10.1
1.8
15
1.4
4.3
16.4
3.5
5,9
1.3
1.5
1.1
3.1
8.9
1.3
3.6
.8
.9
.6
1.7
73
3.1
22
.4
.3
2
1.4
7.5
2.8
2.7
.4
2
.2
12
7.7
2.3
3.3
.5
.3
2
1.3
10.9
3.7
42
.5
.6
.3
1.6
14.5
6.0
5.0
.6
.6
.4
1.8
10.5
2.9
3.7
.7
.5
5
22
11.0
3.3
3.8
.6
.5
.4
2.4
13.5
5.3
4.4
3
.7
.4
1.9
17.6
8.7
4.9
.8
.7
.6
1.9
6.7
3.3
1.6
.3
.3
.3
.9
2.2
1.4
.3
.1
.1
.1
.3
Utilities
Railroads
Telecommunications
Electric light and power
Gas
Petroleum pipelines
12
13
14
15
16
17
18.6
8.1
1.9
4.2
18.4
8.0
2.0
4.7
2,1
1.4
13.0
5.6
1.1
2.9
1.5
1.9
7.4
3.3
.7
1.6
1.0
.9
43
2.7
.3
.9
.5
.4
5.7
3.4
.3
.9
.6
.5
6.3
3.4
.4
1.1
.6
.8
8.3
4.1
.5
1.7
1.0
1.0
9.7
4.4
.7
2.5
.9
12
8.4
3.3
.7
3.0
.7
.7
9.6
3.8
.7
3.5
.7
1.0
10.3
4.1
.8
3.5
1.0
.9
11.0
4.6
1.1
32
12
.9
10.0
4.9
.9
2.5
.9
.9
8.9
5.8
.3
1.4
.6
.9
Farm
Mining exploration, shafts, and wells
Petroleum and natural gas
Other
Other5
18
19
20
21
22
1.9
3.6
3.6
0
1.0
1.0
2.7
2.7
0
.8
.5
1.5
1.5
0
.6
.2
1.9
1.9
0
5
.3
1.6
1.6
0
.5
.4
2.3
2.3
0
.4
1.0
2.8
2.8
0
.3
1.2
3.3
3.3
0
2
1.4
4.2
42
0
.3
1.2
3.7
3.7
0
.3
1.4
3.5
3.5
0
.3
1.1
3.9
3.9
0
.3
1.4
4.0
4.0
0
.3
1.3
2.7
2.7
0
2
1.5
2.5
2.5
O
.1
23
24
.9
-.5
.7
-.5
.5
-.5
.4
-.5
.4
-.4
.3
-.3
.4
-.3
.4
-.3
5
-.3
.4
-.4
.4
-.6
5
-.7
.6
-.4
.3
-2
2
-.1
New
Brokers' commissions on sale of structures .
Net purchases of used structures
Residential
New
New housing units
Permanent site
Single family structures
Multifamily structures
Mobile homes
Improvements
Other4
Brokers' commissions on sale of structures
Net purchases of used structures
Government structures and new construction forceaccount compensation.
New
22
22
25
41.4
252
203
113
93
123
173
213
235
233
33.7
373
40.1
20 2
123
26
39.4
23.4
19.6
9.8
7.9
95
15.4
221
24.0
24 2
32.1
35.1
37.9
17.9
9.3
27
28
29
30
31
32
33
33.3
33.3
17.8
17.8
16.2
16.2
7.3
7.3
4.6
4.6
5.3
5.3
10.2
102
16.3
16.3
182
182
19.0
19.0
26.5
26.5
29.4
29.4
32.0
32.0
14.6
14.6
7.2
7.2
o"
.9
o"
4.8
.7
o"
3.0
.3
0
22
2
0
3.1
2
r
3.9
.2
0
5.0
.2
0
5.6
3
o"*
55
.3
0
4.9
.3
0
5.3
.3
0
5.4
.3
0
55
.3
0
3.1
.2
0
2.1
0
34
35
2.4
-.4
2.1
-.3
1.6
-.3
1.6
-.3
13
-.3
3.3
-.2
22
-.3
1.8
-22
1.7
-22
15
-20
1.6
-.1
2.0
.8
2.0
2
1.9
.4
2.0
1.0
36
25.0
30.1
312
272
203
23.6
243
383
325
363
402
37.7
60.7
1033
55.6
•
52
37
24.1
29.4
30.5
26.4
19.6
23.1
23.7
353
30.1
33.7
39.6
37.7
60.5
1042
56.4
Buildings, excluding military
Residential
Industrial
Educational
Hospital
Other5
38
39
40
41
42
43
73
0
0
4.6
8.6
0
0
4.7
1.6
2.3
9.1
0
0
42
1.6
32
7.5
0
0
23
1.5
3.7
4.2
0
0
.9
.9
2.4
5.8
0
2
2.4
.8
2.5
5.4
.1
0
2.5
.6
22
11.4
.7
.1
5.6
1.1
3.9
8.3
1.0
0
3.3
1.0
3.0
9.1
.4
2
4.0
12
3.3
13.4
.7
.3
6.1
1.7
4.6
9.7
2.0
2.1
1.9
.7
3.0
225
3.9
14.5
1.8
5
1.9
41.1
4.6
33.7
1.4
245
5.9
17.1
.6
.4
.4
Highways and streets
Military facilities
Conservation and development
Sewer and water systems
Sewer systems
Water supply facilities
Other*
44
45
46
47
48
49
50
10.0
1.1
32
1.6
1.6
1.7
123
.4
1.4
4.5
1.9
2.6
1.7
13.0
.6
1.7
3.8
1.6
22
23
12.0
.7
1.9
2.6
1.2
1.5
1.7
8.5
.6
3.9
1.5
.7
3
.8
'8.6
.7
43
23
1.4
.9
.8
75
.6
65
2.4
1.4
1.0
12
11.0
.4
5.9
4.1
2.6
1.4
2.8
10.7
.5
5.1
3.6
2.4
12
20
12.9
.9
4.6
3.9
25
1.3
2.3
129
1.8
4.9
4.2
2.8
1.5
2.4
125
5.2
4.5
33
2.1
1.7
2.0
9.0
20.4
4.1
2.7
1.3
1.4
1.7
4.7
52.4
3.0
1.7
12
2.6
24.4
22
1.1
.4
.7
1.6
Net purchases of used structures
51
.9
.7
.8
.8
.7
.5
.7
2.5
2.5
2.3
.7
-.1
.2
-.2
-.8
See footnote(s) at end of table.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
12
2.0
2
Table 5.7.—Purchases of Structures by Type in Constant Dollars—Continued
[Billions of 1987 dollars]
Line
1
Purchases of structures
1944
1946
1947
m
60.5
39.9
272
117.9
106.7
54.5
133.5
116.0
49.5
2
58.0
30.7
3
4
1
1945
1949
1948
155.5
1950
193.5
158.1
124.7
50.8
155.0
542
1951
1892
142.7
582
1952
1955
1954
1953
193.8
2042
141.0
582
149.0
632
1956
1957
217.1
158.2
65.3
235.9
234.3
177.3
69.8
175.0
77.0
231.7
169.1
77.1
1958
2362
165.6
72.6
19.8
26.2
492
46.8
131.5
51.9
50.5
50.1
53.7
58.0
57.9
619
65.0
68.5
77.0
76.8
714
Nonresidential buildings, excluding farm
Industrial
Commercial
Religious
Educational
Hospital and institutional
Other2
5
6
7
8
9
10
11
3.4
1.9
.5
.1
.1
.3
.5
9.2
5.5
1.9
.2
.3
.3
1.0
25.9
12.0
9.1
.6
1.0
.7
2.6
19.9
102
5.7
.8
1.0
.7
1.5
20.9
7.5
7.5
1.3
1.4
.7
2.4
19.4
5.4
6.5
2.0
1.5
1.1
2.9
22.4
5.9
7.9
2.3
1.6
1.9
2.8
26.6
10.4
7.4
22
1.7
2.1
2.9
24.6
11.1
5.5
1.9
1.7
1.9
2.6
27.9
10.6
8.5
22
2.0
1.5
3.0
31.5
9.9
10.8
2.9
2.6
1.6
3.6
35.6
10.9
14.7
3.3
22
1.6
2.9
422
14.3
16.9
3.6
2.5
1.5
3.5
422
15.1
152
3.7
2.2
22
3.6
39.8
10.4
15.8
3.8
2.5
2.6
4.7
Utilities
Railroads
Telecommunications
Electric light and power
Gas „...?!
Petroleum pipelines
12
13
14
15
16
17
11.4
7.2
.5
1.5
1.4
.8
11.7
7.0
.6
2.3
1.3
.5
13.1
5.8
1.4
3.8
1.4
.7
16.5
5.3
13
5.8
2.3
1.0
18.5
52
2.6
7.1
25
1.0
19.5
4.9
1.9
8.7
3.1
.9
18.8
4.4
1.6
7.8
4.0
1.1
19.1
4.7
1.6
7.4
4.4
.9
19.7
5.1
1.8
8.6
3.0
1.3
21.0
4.9
1.9
9.5
3.3
1.4
18.7
4.0
2.0
8.8
2.9
1.0
17.4
3.7
2.3
7.4
3.5
.6
19.7
3.9
3.1
82
3.9
.5
202
3.6
3.0
9.3
3.8
.6
18.8
2.6
2.6
9.5
3.5
.5
Farm
Mining exploration, shafts, and wells
Petroleum and natural gas
Other
Other3
18
19
20
21
22
1.5
3.4
3.4
0
.1
1.4
3.8
3.8
0
2
5.5
4.4
4.1
.3
.3
5.2
4.9
4.5
.4
.4
4.8
6.0
5.6
.4
.3
4.7
6.1
5.7
.3
.4
4.8
7.2
6.8
.4
.6
4.5
7.5
7.1
.4
.3
4.7
8.4
8.0
.4
.4
4.3
9.2
8.7
.4
.5
4.1
10.1
9.8
.4
.6
3.9
10.9
10.5
.4
.7
4.0
10.6
102
.4
.5
3.7
10.0
9.6
.3
.8
3.7
9.3
8.9
i
.8
Brokers' commissions on sale of structures
Net purchases of used structures
23
24
2
-.1
.4
.5
1.0
4.3
.7
2.0
.6
.8
.5
.3
.5
0
5
-2
.5
-2
.5
-.2
.5
-.2
.6
.6
.6
-.7
.6
-.4
.7
-.5
Private
Nonresidential
New
Residential
New
New housing units
Permanent site
Single family structures
Multifamily structures
Mobile homes
Improvements
Other4
Brokers' commissions on sale of structures
Net purchases of used structures
Government structures and new construction forceaccount compensation.
25
10.8
12.7
52 2
66.5
79.6
73.9
100.8
84.4
82.9
85.8
92.9
107-5
98.1
92.0
92.9
26
7.9
102
48.4
63.1
76.9
71.4
98.0
81.4
79.3
82.3
88.8
103.3
942
89.2
90.6
27
28
29
30
31
32
33
5.3
5.3
5.9
5.9
34.7
34.6
462
46.0
57.4
57.1
54.0
53.9
79.5
79.4
63.5
63.4
60.0
59.7
61.9
61.7
68.1
67.8
80.6
80.2
70.1
69.4
63.9
63.1
0
2.6
.1
0
42
.1
.1
13.3
.3
.2
16.6
2
.3
19.3
.3
.1
17.0
.3
2
18.1
.3
2
17.6
.3
.3
19.1
.3
.3
20.0
.4
.3
202
.5
.5
22.1
.5
.7
23.5
.6
.8
24.6
.7
65.4
64.7
54.3
10.4
.8
24.3
.9
34
35
2.4
5
2.6
3.3
36
3.9
-.1
3.4
.1
2.7
0
2.7
-.3
-.4
3.5
-.4
3.9
-.4
4.0
-.5
4.6
-.5
5.0
-.8
4.7
-.9
4.5
-1.7
5.1
-2.8
272
-.1
20.7
11.1
17,4
24.0
33.4
38.5
465
52.8
552
58.9
58.6
592
62.7
70.6
37
27.6
21.1
15.4
19.5
24.8
33.4
38.1
45.9
522
54.4
58.2
58.4
57.7
60.6
67.4
Buildings, exduding military
Residential
Industrial
Educational
Hospital
Other'
38
39
40
41
42
43
14.6
1.5
11.8
.4
.6
.3
9.3
.6
7.1
.6
.8
4.7
1.1
.6
1.8
.5
7.8
.8
.4
5.1
2.3
.9
.8
.7
.4
1.1
3.4
1.1
1.4
13.2
1.8
1.0
52
2.5
2.7
15.1
1.7
1.3
6.4
2.8
3.0
202
2.7
5.1
7.5
2.6
2.4
23.3
2.9
8.5
7.8
2.4
1.7
23.7
2.4
8.9
8.2
1.8
2.4
24.5
1.5
7.8
10.5
1.6
3.1
21.6
1.1
3.7
11.8
1.5
3.6
19.5
1.2
2.1
11.4
1,3
3.4
21.4
2.1
2.0
12.1
1.5
3.7
23.8
3.4
1.6
12.7
1.7
4.3
Highways and streets
Military facilities
Conservation and development
Sewer and water systems
Sewer systems
Water supply facilities
Other*
44
45
46
47
48
49
50
2.3
8.3
12
.7
.2
.5
.6
2.6
6.8
1.0
.9
.3
.5
.5
4.7
1.6
1.7
1.7
.8
.8
.6
1.4
2.3
2.6
1.4
12
12
7.9
1.0
3.4
3.5
2.0
1.5
12
10.0
.9
42
4.0
2.3
1.7
1.2
11.7
12
4.9
4.0
2.3
1.7
12
10.6
5.1
4.5
4.4
2.4
2.0
1.1
11.7
7.8
4.1
4.4
2.4
2.0
1.0
13.7
7.3
4.0
4.6
2.7
1.9
1.1
17.8
5.9
3.5
5.1
2.9
2.1
1.4
19.0
7.6
32
5.4
3.1
2.3
1.6
19.3
7.3
3.6
5.9
3.2
2.7
22
20.6
6.7
3.9
5.9
3.4
2.5
2.1
23.7
72
42
5.9
3.5
2.3
2.5
Net purchases of used structures
51
-.3
-.4
-42
-2.0
-.8
0
.4
.7
.6
.8
.8
2
1.5
2.1
32
New
•
.8
72
1. in this table, purchases of structures includes compensation of government employees engaged in new forceaccount construction. In tables 1.4 and 3.8, this compensation is classified as a service and is included as part
of government compensation of employees.
2. Consists of hotels and motels, buildings used primarily for social and recreational activities, and buildings not
elsewhere classified, such as passenger terminals, greenhouses, and animal hospitals.
3. Consists of streets, dams and reservoirs, sewer and water facilities, parte, airfields, etc. Also includes buiWngs
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
of private local transit systems from 1929 to 1958; beginning in 1959, these buildings are included in other
nonresidential buildings.
4. Consists of dormitories, fraternity and sorority houses, nurses' homes, etc,
5. Consists of general office buildings, police and fire stations, courthouses, auditoriums, garages, passenger terminals, etc.
6. Consists of electric and gas facilities, transit systems, airfields, etc.
Table 5.8.—Private Purchases of Producers' Durable Equipment by Type
[Billions of dollars]
Line
Private purchases of producers' durable
equipment.
Nonresidential equipment
Information processing and related equipment
Office, computing, and accounting machinery
Computers and peripheral equipment1
Other1
Communication equipment2
Instruments
Photocopy and related equipment
1930
1931
1933
1932
1935
1937
1936
1938
1939
1941
1940
1943
1942
1
5.6
A2
2.7
1.5
13
2.1
2.9
4.0
4.9
3.5
4.0
5.3
6.6
4.1
3.7
5.5
4.2
2.6
13
1.4
2.1
2.8
3.9
4.8
3.4
3.9
5.2
6.4
4.1
3.7
.2
.1
.1
.1
.1
.1
.1
.1
.2
.1
.1
2
2
.2
.2
.4
.1
.3
.1
.2
.1
.1
.1
.1
.1
.1
.1
.2
.1
.2
.2
.4
.1
.3
.1
.3
2
2
.5
.5
.2
,4
.1
.1
2
.4
.4
.1
0
.1
.3
.3
.1
0
.1
.2
.2
0
0
0
.1
.1
0
0
0
.2
.1
.1
0
.1
.2
.2
.1
0
.1
.2
.2
.1
0
.2
.3
.3
.1
.1
.3
.4
.4
.1
0
.2
.3
.3
.1
.1
.2
.3
.3
.1
.1
.5
.3
.3
.1
.1
.7
.4
.4
.1
0
.6
.3
.2
2.1
.5
1.1
0
.1
.4
1.6
.4
.7
0
.1
.4
.9
.5
.1
.3
0
0
0
.5
.5
0
.1
.1
.3
0
0
0
.8
.3
.4
0
0
.1
1.1
.3
.6
0
0
.1
1.5
.4
.8
0
.1
.2
1.7
.4
.8
0
.1
.4
1.1
.3
.5
0
.1
.1
1.4
.4
.7
0
.1
.2
1.9
.5
.9
0
.1
.3
2.4
.6
1.2
0
1.0
.1
.3
0
.2
.4
.1
,1
.1
0
0
.1
.1
0
0
0
0
.1
.1
.1
.1
0
.1
.1
.2
.1
.1
0
.1
.1
2
2
2
2
2
2
.3
2
2
.1
.1
.1
.2
.3
.2
.1
.1
.2
2
.1
.1
.1
.1
.1
.1
.1
.1
.2
.3
.3
.3
.1
.2
2
.2
.1
.1
0
0
.1
.2
.2
.3
.1
.1
.1
2
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
.1
0
3.7
.1
.......
10
11
12
13
14
15
.3
.......
0
,6
.2
.3
16
17
18
19
20
21
22
.
Less; Sale of equipment scrap excluding autos
Residential equipment
Addenda:
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
Sate of equipment scrap
Equals: Private purchases of new equipment
23
24
25
26
27
28
29
30
31
Private purchases of producers' durable
equipment.
Nonresidential equipment
Information processing and related equipment
Office, computing, and accounting machinery .
Computers and peripheral equipment'
Other1
Communication equipment2
Instruments
Photocopy and related equipment
Industrial equipment
Fabricated metal products
Engines and turbines
Metalworking machinery
Special industry machinery, n.e.c
General industrial, including materials handling,
equipment
Electrical transmission, distribution, and industrial
apparatus.
33
34
35
36
37
38
39
40
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
17
18
19
20
21
22
Other equipment
Furniture and fixtures
Tractors
Agricultural machinery, except tractors
Construction machinery, except tractors
Mining and oilfield machinery
Service industry machinery
Electrical equipment n.e.c
Other
....
23
24
25
26
27
28
29
30
31
Less: Sale of equipment scrap exctuding autos
32
Addenda:
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: Private purchases of new equipment
2
2
2
.4
.9
.1
.3
0
.2
.3
2
.2
.2
.3
.1
.1
.2
.2
.1
.2
.1
.1
.2
2
.1
.1
33
34
35
36
37
38
39
40
0
0
5.6
42
2.7
1.5
1.5
2.1
2.9
4.0
4.9
3.5
4.0
5.3
66
4.1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
5.5
42
2.7
1.5
1.5
2.1
2.9
3.9
4.8
3.5
3.9
5.2
6.5
4.1
3.7
1944
1945
1947
1946
1950
1949
1948
1952
1951
1954
1953
1955
1957
1956
1958
5.0
73
10.1
15.6
17.6
16.0
18 2
202
20.1
21.9
21.2
24.3
26.8
29.0
25.4
5.0
7.3
9.9
153
173
15.7
17.8
19.9
19.7
213
20.8
23.9
26.3
28.6
24.9
.2
2
1.2
.4
1.7
.6
1.8
.6
1.6
.6
1.8
.6
2.1
.7
2.4
.7
2.7
.8
2.4
.8
2.8
.9
3.4
1.1
4.0
14
3.6
1.4
2
J
2
.4
.4
.2
.1
.6
.7
3
,1
.6
.7
.3
.1
.6
.6
.3
.1
.6
.7
.4
.1
.7
.9
.5
.1
.7
1.1
.5
.1
.8
1.2
.5
.8
1.0
.4
2
2
.9
1.2
.6
.2
1.1
1.4
.6
.2
1.4
1.7
.7
.2
1.4
1.5
.6
2
3.1
.3
.1
.8
.8
.7
4.6
.5
.1
.8
12
1.0
4.6
.5
.2
.7
1.3
1.1
3.7
.4
.2
.5
1.1
.8
4.4
.5
.3
.7
1.3
.8
5.6
.7
1.1
1.5
1.1
5.9
.8
.3
1.2
1.3
1.0
6.7
.8
.3
1.5
1.4
1.2
7.0
.9
.5
1.7
1.3
1.2
7.2
.8
.4
1.4
1.5
1.5
8.8
.9
.4
1.9
1.8
1.8
9.6
1.1
.6
2.0
1.8
1.9
8.1
1.0
.7
1.3
1.6
1.6
.4
.8
.8
.7
.9
12
1.4
1.5
1.5
1.5
1.9
2.1
1.8
3.0
1.2
1.0
.2
.3
.4
4.9
1.7
1.8
.1
.6
.6
5.5
2.1
2.0
.1
.3
1.1
5.7
1.8
2.5
.1
.2
1.1
6.4
2.1
3.2
.1
5.7
1.9
2.2
.2
.4
1.1
6.6
1.8
3.2
.2
.3
1.0
6.0
1.7
3.3
7.4
2.5
3.2
.4
.4
.9
8.3
2.3
3.6
.5
.6
1.3
6.1
2.1
2.6
,4
.5
.6
4.2
.7
.5
.7
.5
43
.6
.8
1.0
.5
.3
.9
5.6
.9
.9
1.1
.6
.4
.9
.3
.5
5.7
.9
.9
1.1
.7
.5
1.0
.4
5.5
.7
.7
1.0
.7
.3
1.4
.2
.5
5.7
.9
.8
1.0
.7
.4
1.1
.2
.5
.6
5.4
1.0
.7
.9
.5
.4
1.1
.2
.5
7.5
2.4
4.0
.2
.3
.7
2.7
.5
.3
.3
.4
.2
.5
,1
.3
.9
5.2
.7
.8
1.0
.5
.3
1.0
.3
.5
6.6
2.4
2.6
.1
.3
1.2
6.5
1.2
.9
1.0
.7
.6
1.2
.3
.6
7.0
1.3
.9
.9
.9
.6
1.4
.3
.7
6.9
1.3
.8
.9
.8
.6
1.5
.3
.7
7.1
1.3
.9
1.2
.9
.4
1.3
.2
.8
0
.1
0
0
.1
.1
.1
.1
0
.1
2
.1
.1
2
.3
.4
.4
.4
.4
.4
.4
3
.5
18.2
20 2
.3
.1
2
20.1
.2
0
21.9
.2
0
212
.1
0
24.3
.3
.1
26.8
.3
.2
29.0
.3
.1
25.4
.3
.1
.7
0
.1
18.6
.9
0
.1
20.8
.9
0
.1
20.8
.9
0
.1
22.8
.8
0
0
21.9
.9
.1
.1
25.0
.9
.1
.2
27.4
1.0
.1
.1
29.8
1.1
.1
.1
26.2
2
.1
.5
.4
.5
.8
.2
.2
.6
.5
.7
16
Transportation and related equipment
Trucks, buses, and truck trailers
Autos
Aircraft
Ships and boats
Railroad equipment
Residential equipment.......
.3
.4
.2
3
.1
.1
2
32
Line
1.0
.3
1.7
.9
2
2
0
.1
.3
0
.2
.3
2
.3
.3
0
2
2
2
0
.3
.3
.4
.3
.3
.3
2
0
5.0
7.3
0
.1
5.0
7.2
2
1.0
2
2
.5
3
3
10.1
.1
.6
15.6
2
2
.6
.3
16.0
.2
.1
0
.1
0
9.5
.1
.1
.1
15.1
.3
.1
0
17.5
.5
0
0
16.4
n.e.c. Not elsewhere classified.
1. line 5 includes new computers and peripheral equipment only. Prior to 1982, all computers and peripheral
equipment are included in other office, computing, and accounting machinery (line 6).
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
1934
2
3
4
5
6
7
8
9
Industrial equipment
Fabricated metal products
Engines and turbines
Metalworking machinery
Special industry machinery, n.e.c
General industrial, including materials handling,
equipment.
Electrical transmission, distribution, and industrial
apparatus.
Transportation and related equipment
Trucks, buses, and truck trailers
Autos
Aircraft
Ships and boats
Railroad equipment
Other equipment
Furniture and fixtures
Tractors
Agricultural machinery, except tractors
Construction machinery, except tractors
Mining and oilfield machinery
Service industry machinery
Electrical equipment, n.e.c
Other
1929
17.6
2
2
2
2
.5
2
2
3
2. For 1929-45. includes electrical transmission, distribution, and industrial apparatus (line 16) and electrical equipmerit n.e.c (line 30).
Table 5.9.—Private Purchases of Producers' Durable Equipment by Type in Constant Dollars
[Billions of 1987 dollars]
1930
1929
Private purchases of producers' durable
equipment.
Nonresidential equipment
Information processing and related equipment
Office, computing, and accounting machinery ...
Computers and peripheral equipment1
Other1
Communication equipment2
Instruments .
Photocopy and related equipment..
Industrial equipment
Fabricated metal products
Engines and turbines
Metalworking machinery .
Special industry machinery, n.e.c
General industrial, including materials handling,
equipment.
Electrical transmission, distribution, and industrial
apparatus.
Transportation and related equipment
Trucks, buses, and truck trailers
Autos
Aircraft .
Ships and boats .
Railroad equipment .
Other equipment
Furniture and fixtures
Tractors
Agricultural machinery, except tractors ...
Construction machinety, except tractors .
Mining and oilfield machinety
Service industry machinery
Electrical equipment, ae,c
Other
1934
1933
1932
1931
1939
1938
1937
1936
1935
1941
1940
1942
1943
41.8
33.2
22.0
12.7
13.1
18.1
24.4
34.1
39.0
27.4
31.1
40.3
47.5
28.8
26.1
41.7
33.0
21.9
12.6
12.9
17.9
24.3
33.9
38.7
272
30.9
40.1
47.2
28.6
26.0
.4
.3
2
.1
.1
.2
.2
.3
.3
.3
.3
.3
.4
.3
2
.4
1.8
.3
1.6
2
12
.1
.6
.1
.5
.2
.7
.2
1.0
.3
1.2
.3
1.9
.3
1.3
.3
1.7
.3
2.5
.4
2.6
.3
1.7
1.5
1.1
.6
2.3
4.9
4.7
.9
.5
1.6
3.7
3.6
.7
.3
1.0
2.9
2.7
.5
.4
.1
.5
2.2
1.7
.5
.4
2.0
1.7
.5
.3
1.4
2.9
2.8
.7
.5
2.1
4.0
3.9
.8
.7
2.6
4.3
4.2
.6
.5
1.4
32
3.0
.7
.6
2.0
3.4
3.4
.8
.6
4.1
3.6
3.5
1.0
.5
5.5
3.6
3.5
.9
2
5.0
2.9
2.3
4.7
2.3
2.7
14.6
3.5
6.6
.4
1.0
2.9
11.6
2.8
4.4
3.7
12
1.9
0
.3
.4
4.5
1.5
2.5
.1
.2
.2
6.9
2.4
3.2
.3
.9
8.9
3.2
4.7
.1
.1
.8
12.5
4.1
6.0
.1
.7
1.5
13.8
4.1
6.1
1.3
3.0
7.1
2.0
32
.1
1.1
.7
.7
2.7
8.7
2.5
3.6
.2
1.4
1.0
10.6
3.5
5.0
.3
.6
1.2
14.6
4.0
6.5
.4
1.5
2.1
16.8
4.7
7.2
.4
1.9
2.7
6.4
.9
1.1
.1
2.0
2.4
. 5.9
1.0
1.1
0
2.3
15
2.3
1.2
2.3
1.3
2.0
.9
1.9
1.1
2.1
1.1
1.2
.7
1.3
.8
1.0
.6
.6
.6
.8
.4
.5
.1
.5
.4
.7
.4
.1
.5
.4
1.0
.5
.6
.3
.8
.5
1.1
.9
12
.5
1.1
.6
1.4
1.5
1.5
.8
1.8
.9
1.7
1.9
1.9
1.0
1.6
1.0
1.4
1.5
1.9
.8
1.0
.8
1.5
1.5
1.5
.8
1.2
.9
1.8
1.8
1.7
1.0
1.6
1.0
2.3
2.6
2.5
1.0
2.6
1.0
1.5
1.4
2.2
.8
1.3
.7
1.3
.6
1.4
.7
1.2
.8
.9
.7
.6
.5
.5
.5
.6
.7
.6
.5
.6
.7
.9
.7
.6
2
.1
.1
.1
.1
.1
2
2
.2
2
2
.2
.3
2
.1
2
2
2
2
.8
2.4
2.1
2
2
2
1.1
A
Less: Sale of equipment scrap, excluding autos .
Residential equipment
Une
Private purchases of producers' durable
equipment.
Nonresidential equipment
1944
1945
1947
1951
1950
1953
1952
1954
1957
1956
1955
51.4
60.7
825
84.6
71.8
78.9
825
81.0
865
815
91.4
95.0
95.8
34.7
515
60.4
82.0
84.1
715
785
82.4
80.4
85.7
805
90.8
94.3
95.0
.8
4.7
1.0
4.8
1.1
4.4
.9
4.8
1.0
5.4
1.1
6.2
1.1
6.8
1.2
5.9
1.2
6.9
1.3
8.0
1.5
8.9
1.9
1.0
1.9
1.6
2
1.1
1.9
1.6
.2
.9
1.7
1.5
2
1.0
1.9
1.7
2
1.1
2.1
1.9
.2
1.1
2.8
2.1
2
1.2
32
2.1
.3
1.2
2.8
1.6
.3
1.3
3.1
2.1
.3
1.5
3.8
2.3
.3
1.9
4.3
2.4
.4
32.5
3.1
1.0
7.1
10.4
7.5
30.0
2.8
1.5
5.4
10.0
72
22.8
22
1.4
3.5
7.8
5.1
26.5
2.4
1.8
4.9
8.9
5.1
29.5
2.9
1.3
6.4
9.3
5.6
30.1
3.3
1.8
6.7
8.2
5.3
33.3
3.5
1.7
8.4
85
6.3
342
3.7
2.4
9.2
7.6
62
34.1
3.3
22
7.5
8.8
72
37.7
3.4
2.0
9.3
9.6
7.7
37.8
3.9
2.5
8.7
9.0
7.7
3.4
3.1
2.8
3.3
4.0
4.8
5.0
5.1
5.1
5.7
6.0
22.3
8.6
5.9
.9
4.0
3.0
222
9.5
5.9
.4
1.7
4.7
212
7.7
6.9
.7
1.0
4.8
22.8
92
8.7
.4
.9
3.5
22.6
9.6
62
.4
1.8
4.6
19.0
7.2
4.8
1.0
2.0
4.1
21.5
7.1
8.1
.9
1.7
3.7
18.4
6.8
7.6
1.0
.9
2.1
23.2
8.9
9.8
.7
1.3
2.4
21.3
8.7
6.0
1.6
1.9
3.0
23.0
7.7
7.0
2.1
2.4
3.8
22.7
3.4
3.5
4.4
4.0
2.0
3.3
.7
1.5
27.2
3.1
4.5
5.5
4.7
2.5
4.5
.7
1.7
23.1
2.9
4.7
5.3
3.0
1.9
3.1
.6
1.5
24.5
3.0
5.0
5.3
3.3
22
3.3
5
1.6
25.2
3.7
5.1
5.2
3.6
2.7
2.8
.7
1.4
25.4
3.5
4.9
5.1
4.0
2.7
3.0
.7
1.5
24.4
3.4
4.5
4.6
3.7
2.5
3.6
.6
1.5
22.5
35
3.6
4.3
3.0
2.2
3.4
.6
1.5
26.9
4.4
4.7
4.5
4.0
2.9
3.9
.7
1.8
27.7
4.7
4.5
3.9
4.6
3.0
4.4
.8
1.8
25.7
4.4
3.7
3.7
3.8
2.9
4.5
.8
1.9
.8
4.1
Industrial equipment
Fabricated metal products .
Engines and turbines
Metalworking machinery .
Special industry machinery, ae.c
General industrial, including materials handling,
equipment.
Electrical transmission, distribution, and industrial
apparatus.
2.4
.4
5.7
7.0
6.4
Transportation and related equipment.
Trucks, buses, and truck trailers
Autos.
Aircraft
Ships and boats
Railroad equipment .
10.4
5.6
.6
.4
1.9
1.9
Other equipment
Furniture and fixtures
Tractors
Agricultural machinery, except tractors ...
Construction machinery, except tractors .
Mining and oilfield machinery
Service industry machinery
Electrical equipment, n.e.c
Other
15.9
6.5
42
1.4
2.0
1.8
2.9
1.9
2.6
3.8
2.0
2.1
12
Less: Sale of equipment scrap, excluding autos .
.1
.1
.1
.3
.1
2
.3
5
2
.3
2
.4
.4
.3
5
5
5
.5
.6
5
.5
.6
.6
.7
.7
.7
n.e.c. Not elsewhere classified.
1. Line 5 includes new computers and peripheral equipment only. Prior to 1982, all computers and peripheral
equipment are included in other office, computing, and accounting machinery (line 6).
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
1949
1948
344
Information processing and related equipment ....
Office, computing, and accounting machinery .
Computers and peripheral equipment1
Other1
Communication equipment2
Instruments .
Photocopy and related equipment..
Residential equipment
1946
2. For 1929-45, includes electrical transmission, distribution, and industrial apparatus (line 16) and electrical equipment n.e.c (line 30).
Table 5.10.—Change in Business Inventories by Industry: Annual, 1929-58, and Quarterly, 1946-58
[Billions of dollars; quarters seasonally adjusted at annual rates]
Une
Change In business inventories
1929
1930
1931
1
1.7
-A
Farm
2
-.1
Nonfarm
Change in book value1
Inventory valuation adjustment2
3
4
5
Manufacturing
Durable goods
Nondurable goods
6
7
8
Wholesale trade
Durable goods
Nondurable goods
9
10
11
Merchant wholesalers
Durable goods
Nondurable goods
Nonmerchant wholesalers
Durable goods
Nondurable goods
Retail trade
Durable goods
Automotive
Other
Nondurable goods
1932
1933
1934
1935
1937
1936
1939
1938
1941
1940
1942
1943
-1.1
-2.5
-1 5
-.6
1.1
12
2.7
-5
2
2.4
AA
1.9
-.8
-.3
.5
.1
-.1
-.8
.7
-.9
.9
.4
-.1
.5
A
1.3
-.2
1.8
12
.6
-.1
—4,1
4.0
-1.6
-4.6
3.0
-2.6
-3.9
1.3
-1.4
1.3
-2.7
.2
.9
-.7
.4
.7
-.3
2.1
2.9
-.9
1.7
1.8
-.1
-1.0
-22
12
,3
12
-.9
1.9
2.1
-2
4.0
7.1
-3.1
.7
2.2
-1.6
-.6
.4
-.9
.9
.7
-.6
-12
-.6
.1
2
1.1
1.3
-.6
2
12
2.6
1.6
2
.1
-.4
-2
-.1
.1
.3
2
-2
.1
.2
.2
-.6
-2
.7
.1
-2
.1
.5
.9
-.4
-.5
.1
-.1
.4
.1
-.1
0
0
12
13
14
15
16
17
:
Other
Durable goods3
Nondurable goods3
18
19
20
21
22
.3
-.5
-.3
-.7
-.5
0
.3
23
24
25
.6
-.4
-.3
-.6
-2
0
-.1
Line
Change in business Inventories
1944
1945
1947
1946
1948
1949
0
1950
1951
1952
-.1
0
1954
1953
1955
1957
1956
1958
1
-.9
-1-4
62
55
-25
5.9
10.1
35
13
-1.9
45
4.1
.9
Farm
2
-.3
-.9
-2
-1.8
2.7
-.6
-.1
1.0
1.4
.7
2
-.6
-1.0
.1
2.0
Nonfarm
Change in book value1
Inventory valuation adjustment2
3
4
5
-.6
-2
-.4
-.6
.1
-.7
6.4
13.3
-7.0
1.3
8.7
-7.4
3.0
5.5
-2.6
-22
-4.5
2.3
6.0
12.1
-6.1
9.1
10.6
-15
2.1
1.0
12
1.1
22
-12
-2.1
-1.8
-.4
5.5
7.4
-1.9
5.1
8.3
-32
.8
2.6
-1.8
-2.3
-2.0
-.3
Manufacturing
Durable goods
Nondurable goods
6
7
8
-.8
-1.6
2.9
1.3
-2
15
-1.6
-1.4
-2
22
1.5
.7
7.9
5.3
2.6
1.9
1.6
.3
12
1.1
0
-2.6
-2 3
-2
2.6
1.6
1.1
3.8
26
1.2
-.3
-2
-.1
-2.1
-2.0
0
Wholesale trade
Durable goods
Nondurable goods
9
10
11
2
.6
3
0
.1
-2
.6
5
.1
0
-1
.1
1.4
5
.6
.3
5
-2
.3
-.3
5
.1
o
.1
.3
0
2
1.1
.8
.4
.4
-.1
.6
-.2
0
-2
0
0
0
.6
12
1.2
.7
-.4
-.3
2.1
1.4
0
2
0
-.1
.4
.3
.1
-2
2.1
1.1
.2
-.3
.8
.7
-2
Merchant wholesalers
Durable goods
Nondurable goods
Nonmerchant wholesalers
Durable goods
Nondurable goods
J5
JS
.1
.3
-.4
12
13
14
15
16
17
Retail trade
Durable goods
Automotive
. . .
Other
Nondurable goods
18
19
20
21
22
-.1
.3
2.0
Other
Durable goods3
Nondurable goods3
23
24
25
.1
.1
.6
"i
-.2
-.7
-.6
.5
0
5
1.0
.5
.1
.3
-.1
-.3
.3
.8
0
-.6
0
-.3
.7
.5
0
.3
-.1
-.3
.3
5
0
-5
0
-.3
.7
.5
0
1
II
1947
1946
.4
.1
1948
5
1950
1949
Line
IV
HI
II
1
III
IV
II
1
in
1
IV
II
ill
IV
II
1
1
5.7
8.6
5.9
45
.4
-12
-23
1.6
35
5.7
73
53
.4
-5.3
-15
-43
20
23
Farm
2
-.3
-.1
0
-.4
-1.1
-2.7
-25
-.8
1.3
28
3.4
3.1
-2
-12
-.9
-2
-.1
-1.3
Nonfarm
Change in book value'
Inventory valuation adjustment2
3
4
5
60
7.4
-1.4
8.7
12.1
-3.4
5.9
17.3
-11.4
4.8
16.5
-11.7
1.5
13.4
-11.9
15
7.0
-5.4
-.3
5.1
-5.4
2.4
92
-6.8
2.3
5.8
-3.5
2.9
6.6
-3.7
3.9
7.3
-3.4
23
2.4
3
.6
-1.4
2.0
-4.1
-7.7
3.6
-.6
—4.1
3.5
-4.7
.2
22
2.9
-.7
4.2
8.1
-3.9
Manufacturing
Durable goods
Nondurable goods
6
7
8
2.5
24
5.1
1.6
13
-.5
1.5
-.1
.6
-.7
.9
12
-.3
0
-.7
.7
0
-12
12
22
0
23
21
3
13
.7
.1
.6
12
.7
.5
-2.7
-2.1
-.6
-2.6
-2.3
-.3
-2.2
-1.8
-5
.5
-.1
.6
.9
1.4
-.4
Wholesale trade
Durable goods
Nondurable goods
g
10
11
1.1
1.3
-.1
1.0
1.4
.3
1.0
.6
.1
5
-.8
5
-1.3
-1.3
-.4
-.9
0
.4
-.4
.5
5
0
1.1
.6
5
.7
.4
3
.3
.1
2
-.6
-.8
.1
.3
.2
.1
.1
0
.1
12
2
1.0
1.5
.9
.6
............
............
5
.1
1.3
.7
-12
-.6
-.4
-1.0
2.2
2.5
-2.0
-2.2
.5
-.8
1.6
1.1
A
Change in business Inventories
Merchant wholesalers
Durable goods
Nondurable goods
Nonmerchant wholesalers
Durable goods
Nondurable goods
12
13
14
15
16
17
............
Z Z "
Z.1L".
:zz:
:zz: Liz: z:z
l z l .
18
19
20
21
22
1.4
4.6
-.1
2.4
-.4
2.5
24
3
Other
Durable goods3
Nondurable goods3
23
24
25
.9
.6
3
-.1
-.6
2
.7
.6
-.4
-5
2
7
5
See footnote(s) at end of table.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
.8
.7
-1.1
.8
:*i
3.1
.6
.4
.3
2.7
1.9
Retail trade
Durable goods
Automotive
Other
Nondurable goods
'
.1
-.1
.6
-.6
.6
-3
2
1.3
.5
0
.1
.3
-.4
-.5
-.5
0
.2
o"
.1
3
-.4
-.5
-.5
0
2
.....
Table 5.10.—Change in Business Inventories by Industry: Annual, 1929-58, and Quarterly, 1946-5&-Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]
1950
1953
1952
1951
1954
line
III
1
Change in business inventories
4.3
III
IV
I
II
14.5
10.4
15.0
IV
9.9
I
4.9
4.9
IV
III
II
-1.5
5.6
11
I
5.1
III
3.8
3.4
22
IV
I
II
111
-2.2
-1.9
-3.4
-2.1
IV
2
.5
.7
12
.9
.8
1.1
1.0
1.9
22
.5
.8
-.7
.7
2.1
.8
-.2
.7
-.5
3
4
5
3.8
12.8
-9.0
13.8
24.4
-10.6
9.3
19.9
-10.6
14.0
15.3
-1.3
9.1
5.1
4.0
3.8
2.0
1.8
4.0
2.6
1.4
-3.3
-4.7
1.3
3.3
2.5
.9
4.6
3.5
1.1
3.0
3.6
-.5
4.1
5.7
-1.7
1.5
4.0
-2.5
-4.3
—4.4
.1
-2.8
-2.8
0
-3.2
-3.2
.1
-2.8
-2.0
-.8
.2
1.0
-.8
Manufacturing
Durable goods
Nondurable goods
6
7
8
.7
1.1
-.4
6.5
3.6
3.0
4.7
3.3
1.4
11.1
6.8
4.3
112
7.9
3.3
4.5
3.3
1.1
6.0
4.1
1.8
-1.4
.8
.6
.2
2.0
1.8
.2
2.5
2.3
2
2.9
2.5
.4
1.5
1.7
-2
-2.2
-1.9
-.3
-3.8
-3.2
-.6
-3.9
-4.0
0
-3.3
-2.5
-.7
.6
.3
.3
Wholesale trade
Durable goods
Nondurable goods
9
10
11
.1
-.1
2
2.6
Z1
5
.4
.3
.1
1.7
1.8
-.2
-.1
.4
-.5
-.7
-.3
-.4
-.7
-.8
.1
-.6
.4
1.0
-2
1.2
1.5
.7
.8
.5
.7
-.1
.3
-.3
.6
2
.4
-2
-.7
-.7
0
.5
0
.6
.6
.1
.6
-.2
0
-.1
.1
2
-.1
1.5
.2
2.0
12
.4
.8
1.6
.7
.4
.9
-.8
-1.1
.3
-.5
2
.1
.6
0
-.6
-.7
.6
.1
Nonfarm
Change in book value1
Inventory valuation adjustment2
Merchant wholesalers .
Durable goods
Nondurable goods
Nonmerchant wholesalers
Durable goods
Nondurable goods
.......
..........
-12
12
13
14
15
16
17
Retail trade
Durable goods
Automotive
Other
Nondurable goods
18
19
20
21
22
2.7
1.1
3.8
4.1
3.8
1.0
.5
1.1
-2.9
-.3
-1.2
-.9
-2.0
-.9
-1.7
-1.0
1.6
-.4
U
-.7
-2.5
-.3
-1.1
-.7
1.4
.8
-.4
.9
-.5
2
.8
.1
Other
Durable goods3
Nondurable goods3
23
24
25
.3
.9
.4
.7
.9
1.3
.8
.2
-.1
-.9
-.4
-.8
-.6
-.6
.1
-.1
0
.1
.3
.9
.4
.7
.9
i"3
.8
.2
-.1
-.9
-.4
-.8
-.6
-.6
.1
-.1
0
.1
1955
1957
1956
1958
Une
1
Change in business inventories .
II
III
IV
1
II
IV
111
1
II
III
IV
I
III
It
1
3.7
4.6
42
7.1
6.6
3.7
3.7
25
2.3
2.6
3.0
-4.3
-4.0
-42
1.5
Farm
2
-.1
-1.1
-1.3
.3
0
-1.5
-.8
-1.6
.3
.7
.5
-1.0
22
1.6
22
Nonfarm
Change in book value1
Inventory valuation adjustment2
3
4
5
3.8
4.8
-.9
5.7
7.0
-12
5.5
8.0
-25
6.8
9.9,
-3.1
6.6
10.0
-3.4
52
9.5
-4.3
4.4
5.9
-1.5
4.1
7.8
-3.6
2.0
4.8
-2.8
2.0
3.9
-1.9
2.5
3.9
-1.4
-3.3
-2.0
-1.3
-6.3
-6.0
-.3
-5.8
-6.1
.2
-.7
-.5
-2
Manufacturing
Durable goods .,
Nondurable goods .
6
7
8
.9
.3
.6
25
1.6
.9
3.3
2.0
1.3
3.9
2.5
1.4
5.0
4.0
1.0
4.8
3.3
1.5
2.8
.9
1.9
2.4
2.1
2
1.6
.9
.7
5
.7
-.2
.6
.8
-.2
-1.0
-32
-.8
-42
-4.1
0
-5.0
-4.1
-1.0
-1.0
-.6
-.4
Wholesale trade
Durable goods
Nondurable goods .
9
10
11
.5
.6
-.1
1.6
12
.4
12
.5
.7
12
.8
.4
.3
-.1
.4
-.5
-.3
-.2
1.4
0
1.4
.5
-.1
.6
-.2
-.1
-.1
.2
.4
-2
-.1
.3
-.4
-.7
-.5
-2
-.9
-.7
-2
0
-.2
.2
.3
2
0
1.6
1.4
1.5
.3
2.4
1.1
.5
.4
.4
-1.0
-.3
-.6
2
-.1
.2
-.1
1.3
1.0
1.1
1.1
.5
.7
-1.4
-1.4
-.8
-1.2
.2
-.5
0
Merchant wholesalers
Durable goods
Nondurable goods
Nonmerchant wholesalers .
Durable goods .
Nondurable goods .
12
13
14
15
16
17
Retail trade
Durable goods
Automotive
Other .
Nondurable goods .
18
19
20
21
22
2.9
1.5
12
1.3
.1
1.4
2
.3
.3
.3
Other.
Durable goods3 ....
Nondurable goods3
23
24
25
-.4
0
-.4
-.7
.7
5
5
1.1
.4
-.1
.9
.8
.2
0
-.1
-.4
0
-.4
-.7
.7
5
.5
1.1
.4
-.1
.9
.8
2
0
-.1
1.4
2
1. Beginning in 1982, this series is derived primarily from the Census Bureau series "current cost inventories."
For earlier periods, it is derived from the Census Bureau "book value inventories" series. The series differ in the
treatment of inventories reported on a last-in. first-out (UFO) basis: The series prior to 1982 is a mix of UFO and
non-UFO inventories; the series beginning in 1982 is entirely on a non-LIFO basis.
2. Beginning with 1973, the inventory valuation adjustment (IVA) shown in this table differs from the IVA that
adjusts business incomes. The IVA in this table reflects the mix of methods (first-in, first-out; last-in, first-out; etc.)
underlying inventories derived primarily from Census Bureau statistics (see Footnote 1). This mix differs from that
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
-.1
0
.5
.7
underlying business income derived primarily from Internal Revenue Service statistics. Prior to 1973. the two IVAS
are the same because information required for separate estimates is not available.
3. Prior to 1959, inventories held by construction establishments are included in line 25.
NOTE.—Estimates for 1986 and earlier periods are based on the 1972 Standard Industrial Classification (SIC).
Beginning in 1987, estimates are based on the 1987 SIC. This discontinuity is small and affects only the manufacturing durable and manufacturing nondurable goods estimates.
Table 5.11.—Change in Business Inventories by Industry in Constant Dollars: Annual, 1929-58, and Quarterly, 1947-58
[Billions of 1987 dollars; quarters seasonally adjusted at annual rates]
Line
Change In business inventories
1929
1930
1931
1933
1932
1934
1935
1936
1937
1939
1938
1940
1941
1943
1942
1
10.6
-5
-7.8
-17.5
-10.2
-5.8
5A
10.0
13.6
-5A
3.0
14.7
27.4
115
Farm
2
.4
.4
3.4
2.4
.8
-6.8
2.5
-3.5
3.0
1.9
1.1
2.6
3.0
5.5
1.1
Nonfarm
3
10.2
-1.3
-112
-20.0
-10.9
1.0
2.9
13.5
10.6
-7.3
1.9
12.1
24.4
5.8
-12
Manufacturing
Durable goods
Nondurable goods
4
5
6
Wholesale trade
Durable goods
Nondurable goods
7
8
9
Merchant wholesalers
Durable goods
Nondurable goods
Nonmerchant wholesalers
Durable goods
Nondurable goods
.........
10
11
12
13
14
15
Retail trade
Durable goods
Automotive
Other
Nondurable goods
16
17
18
19
20
Other
Durable goods1
Nondurable goods'
21
22
23
Line
Change in business inventories
-.1
1944
1945
1946
1947
1948
1950
1949
1951
1954
1953
1952
1955
1957
1956
1958
1
-5.6
-8.7
28.0
.3
13.7
-9.1
22-5
304
9.6
5.1
-5.6
16.1
12.1
2.1
Farm
2
-1.7
-2.9
-1.2
-3.7
3.1
».3
1.0
2.9
2.9
1.8
.9
-.7
-2.9
-.1
3.7
Nonfarm
3
-3.9
-5.9
292
3.9
10.6
-8.8
21.6
27.1
6.6
3.3
-65
16.8
15.0
22
-6.0
-25
Manufacturing
Durable goods
Nondurable goods
4
5
6
1.5
.4
1.1
3.4
-.8
42
-5.7
-5.0
-.7
6.9
5.0
1.9
23.3
16.7
6.6
5.7
4.9
.8
3.8
3.7
.1
-7.7
-7.0
-.7
7.5
4.4
3.1
10.6
72
3.4
-1.0
.1
-1.1
-5.4
-5.3
-.1
Wholesale trade
Durable goods
Nondurable goods
7
8
9
-.1
.2
-.3
3.0
2.3
.6
.1
-.3
.4
4.9
3.0
1.9
1.6
2.0
-.4
.7
-1.0
1.7
.4
.1
.3
.7
-.1
.7
3.8
2.5
1.3
1.6
-.1
1.7
-.5
.1
-.6
-.1
-.1
.1
1.5
2.5
4.6
2.3
-1.1
-.9
7.4
4.0
.1
.7
0
-5
1.3
1.1
.4
-.7
6.4
32
.8
-.9
22
1.9
-5
-1.9
Merchant wholesalers
Durable goods
Nondurable goods
Nonmerchant wholesalers
Durable goods ...
Nondurable goods
10
11
12
13
14
15
Retail trade
Durable goods
Automotive
Other
Nondurable goods
16
17
18
19
20
Other
Durable goods1 .
Nondurable goods1
21
22
23
-1.1
2.3
-2
3.4
-.6
3
2
12
32
1.7
.3
14
1.0
-.4
-2.0
2.3
2.1
2
-2.2
.1
-.9
2.1
1.5
0
1.0
-.4
-2.0
2.3
2.1
2
-22
.1
-.9
2.1
15
o"
111
IV
1
1947
1
III
11
1949
1948
Line
IV
1
III
II
IV
II
1
1950
111
II
IV
1
-5
-.4
-52
7.1
9.7
142
172
135
-.3
-165
-4.7
-14.8
105
135
154
2
-2.8
-4.7
-4.6
-2.5
1.3
4.0
3.7
3.2
-2
-2.0
-.6
1.7
.9
-1.4
15
2.6
3
2.3
4.3
-.6
9.6
85
102
135
10.4
-.1
-14.5
-4.1
-16.4
9.9
15.4
142
465
Manufacturing
Durable goods
Nondurable goods
4
5
6
32
-1.7
4.9
-.1
1.9
-2.0
2.9
3.7
-.8
0
-2.4
2.4
-1.3
-4.4
3.1
6.5
-.1
6.6
62
.9
5.3
22
.4
1.8
3.0
1.6
1.4
-9.0
-7.2
-1.8
-92
-8.3
-.9
-7.6
-62
-1.5
1.8
-2
to
3.5
4.9
-1.4
2.6
3.7
-12
19.7
11.7
8.0
Wholesale trade
Durable goods
Nondurable goods
7
8
9
4.3
1.0
32
1.8
2
1.6
-2.4
1.4
-3.8
-4.0
-1.8
-2.2
1.1
1.9
-.8
2.8
2.6
.2
4.7
2.7
2.0
32
2.1
1.1
1.1
.4
.7
-2.3
-25
2
1.1
5
.3
.3
0
.3
4.0
.9
3.1
5.7
3.6
2.0
2
-2
.4
9.8
75
2.0
-12
-3.0
69
8.0
-5.9
-65
3.3
-2.5
5.5
3.4
10.0
3.5
.............
11.0
11.8
Change in business inventories
Farm
,
Nonfarm
Merchant wholesalers
Durable goods
Nondurable goods
Nonmerchant wholesalers
Durable goods
Nondurable goods
10
11
12
13
14
15
""
Retail trade
Durable goods
Automotive ...
Other
Nondurable goods
16
17
18
19
20
-2.5
5.6
1.7
1.4
-4.0
1.6
10.6
1.5
10.3
6.5
12
.7
2.4
.3
4.6
1.7
-4.2
-1.9
-8.0
.3
-5.6
9.2
3.8
A
2.1
2.9
-2.4
Other
Durable goods1
Nondurable goods1
21
22
23
-2.6
.9
2.8
2.9
-1.7
-.3
.1
.5
-25
3
25
2.9
-1.7
-5
.1
5
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
49.4
„
„
„
1.9
-1.1
.7
5.8
£1
6.6
-.8
0
-2.1
-2.9
-3.2
.8
.7
1.4
6.3
6"
-2.1
-25
-32
.8
.7
1.4
65
Table 5.11.—Change In Business Inventories by Industry in Constant Dollars: Annual, 1929-58, and Quarterly, 1947-58—Continued
[Billions of 1987 dollars; quarters seasonally adjusted at annual rates]
1952
1951
Change in business inventories
1
II
III
1
30.5
45.1
30.3
2
32
3.4
1954
1953
111
1
II
14.9
113
10.7
4.5
1.2
2.6
-.7
IV
III
1
II
143
14.7
-5.9
14.5
2.5
2.6
2.4
3.5
IV
IV
1
II
111
5.7
-7.8
-52
-93
-6.6
-14
1.6
3.9
2.6
.8
1.4
-1.3
IV
3
27.3
41.7
27.8
11.7
12.3
-9.4
10.0
13.7
9.1
11.4
42
-11.7
-7.7
-10.1
-8.0
-.1
Manufacturing
Durable goods
Nondurable goods
4
5
6
13.9
10.3
3.6
32.1
212
10.9
33.6
24.7
8.8
13.6
10.6
3.0
17.9
12.7
52
-3.6
-.4
-3.2
2.6
1.9
.7
6.1
5.6
.5
7.4
6.8
.6
8.5
7.4
1.1
4.3
4.8
-.5
-52
-4.3
-.8
-10.9
-9.1
-1.7
-12.1
-12.3
.1
-9.4
-7.3
-2.1
1.5
.6
.9
Wholesale trade
Durable goods
Nondurable goods
7
8
9
13
12
6.5
6.3
2
2
.3
1.3
-1.0
-1.9
-.9
-1.0
-2.6
-2.6
0
-2.1
-2.9
.8
2.9
-.6
3.5
4.6
2.0
2.6
1.9
2.0
-.1
1.1
-.8
1.9
.8
1.2
-.4
-2.1
-2.0
-.2
1.5
-2
1.7
1.7
0
1.6
-.5
-.3
-.3
0
.1
-.1
4.7
.4
5.8
3.2
1.3
2.5
4.9
2.0
1.1
2.5
-2.0
-2.8
1.1
-1.3
3
.3
1.9
.1
-1.8
-2.0
Nonfarm
Merchant wholesalers
Durable goods
Nondurable goods
Nonmerchant wholesalers
Durable goods
Nondurable goods
...
10
11
12
13
14
15
Retail trade
Durable goods
Automotive
Other
Nondurable goods
16
17
18
19
20
10.9
2.9
12
32
-8.3
-.9
-3.4
-2.6
-5.8
-2.7
-4.6
-2.7
8.0
-2.0
-7.4
-.8
-3.1
-1.9
4.3
2.5
-12
2.8
-1.5
.8
2.4
.3
1.8
.1
Other
Durable goods1
Nondurable goods1
21
22
23
1.0
1.9
2.3
3.3
2.8
.9
-2
-2.8
-1.5
-3.0
-2.0
-2.4
.5
-.3
.1
2
10
i"9
2.3
3.3
23
.9
~2
-2.8
-1.5
-3.0
-2.0
-2.4
.5
-.3
.1
2
IV
1
II
III
IV
1955
1956
1958
1957
line
IV
1
II
1
11.3
163
15.7
20.6
163
12.9
10.2
8.9
4.9
5.3
7.8
-9.6
-13.3
-11.8
3.1
Farm
2
-1.0
-1.3
-.8
.3
-2.4
-3.3
-2.9
-3.1
-.6
-.3
1.0
-.3
4.1
33
4.3
2.7
Nonfarm
3
122
18.1
16.5
20.3
18.9
16.2
13.1
12.0
5.5
5.6
6.8
-92
-17.4
-15.4
-1.2
10.1
Manufacturing
Durable goods
Nondurable goods
4
5
6
2.6
.9
1.7
7.4
4.6
2.8
92
5.4
3.8
10.9
6.8
4.1
142
112
3.0
13.6
9.2
4.4
8.1
2.5
5.7
6.5
5.8
.7
4.2
3.0
12
1.2
2.4
-12
1.2
2.7
-1.4
-10.8
-7.7
-3.0
-11,0
-10.9
-.1
-13.5
-10.7
-2.8
-2.6
-1.5
-1.1
5.6
2.1
3.5
Wholesale trade
Durable goods
Nondurable goods
7
8
9
1.9
1.9
0
5.7
4.0
1.7
3.7
1.6
2.1
3.8
2.4
1.4
12
0
12
-.8
-.3
-.5
4.3
0
4.3
1.6
-.1
1.7
-3
-.3
-.3
.9
1.3
-.3
0
1.0
-1.0
-22
-1.4
-.8
-2.8
-2.1
-.7
-.1
-.6
.5
.8
.6
2
1.8
1.5
.3
8.9
4.4
4.9
42
4.5
.8
7.3
3.3
1.4
1.0
1.9
-2.7
-8
-1.6
.7
-.3
.8
-.2
3.7
2.8
3.0
3.1
1.5
1.9
-3.7
-3.7
-1.8
-3.2
.6
-1.6
2.8
.8
43
.7
3.7
43
.4
4.6
.7
1.0
1.0
.9
-.1
-.4
0
1.4
2.2
2.0
-1.1
.1
-1.0
-1.6
22
1.5
1.5
32
12
-2
2.6
2.3
0
0
-.1
-.1
"i
-13
-1.6
22
1.5
1.5
32
12
-2
2.6
2.3
0
0
-.1
-li
Change in business inventories
Merchant wholesalers
Durable goods
Nondurable goods
Nonmerchant wholesalers
Durable goods
Nondurable goods
III
IV
I
II
1
III
II
123
10
11
12
13
14
15
Retail trade
Durable goods
Automotive
Other
Nondurable goods
16
17
18
19
20
Other
Durable goods1
Nondurable goods»
21
22
23
.............
.... ......
...
1. Prior to 1959, inventories held by construction establishments are included in line 23.
NOTE.—Estimates for 1986 and earlier periods are based on the 1972 Standard Industrial Classification (SIC).
Beginning in 1987, estimates are based on the 1987 SIC. This discontinuity is small and affects only the manufacturing durable and manufacturing nondurable goods estimates.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
111
Table 5.12.—Inventories and Final Sales of Domestic Business by Industry: 1946-58
[Billions of dollars; seasonally adjusted]
1946
1947
Line
1
II
1948
1949
1950
IV
I
II
111
IV
1
II
III
IV
1
II
III
1
70.7
88.2
87.7
89.4
942
94.7
97.5
985
98.1
965
91.7
90.4
Farm
2
19.6
33.6
32.0
33.3
35.4
33.7
35.1
33.6
32.3
31.4
29.9
Nonfarm
Durable goods3
Nondurable goods2
3
4
5
51.0
212
29.8
54.6
23.1
31.5
55.6
23.7
31.9
56.1
24.6
315
58.8
25.0
33.8
60.9
25.9
35.0
62.4
26.6
35.8
65.0
282
36.7
65.8
29.2
36.6
645
29.3
35.4
Manufacturing
Durable goods
Nondurable goods
6
7
8
24.6
125
12.2
27.0
13.6
13.4
27.5
14.0
13.5
27.9
14.5
13.4
29.0
14.7
14.4
29.8
14.9
14.9
30.7
15.2
155
31.8
16.1
15.7
322
16.6
15.6
Wholesale trade
Durable goods
Nondurable goods .
9
10
11
10.4
5.3
5.1
10.8
5.4
5.4
11.1
55
5.6
11.1
5.7
5.4
11.1
5.7
5.5
11.4
5.9
55
11.7
6.1
55
12.4
6.6
5.8
12.8
3.4
13.3
4.1
13.4
42
13.2
4.4
14.5
4.6
15.6
52
15.8
5.3
34
9.3
£'1
9.2
42
92
4A
85
45
9.9
52
10.5
'""Ti
4.1
Inventories1
Merchant wholesalers
Durable goods
Nondurable goods
Nonmerchant wholesalers
Durable goods .
Nondurable goods
12
13
14
15
16
17
Retail trade .
Durable goods .
Automotive ...
Other.
Nondurable goods .
18
19
20
21
22
Other
23
Final sales ot domestic business3
Final sales of goods and
structures of
domestic business3.
24
25
:::::::
111
::::::::
IV
1
II
M
O
00.0
902
93.6
29.4
28.4
292
30.9
61.8
27.7
34.2
61.0
27.5
33.6
604
27.2
33.2
61.0
26.7
34.3
62.7
275
34.9
31.9
16.7
152
30.2
15.7
145
292
15.0
14.3
28.6
14.6
14.1
29.1
14.8
14.3
29.7
15.3
14.4
12.5
6.8
5.6
12.3
6.9
5.4
119
6.6
5.3
11.9
6.6
5.3
12.5
72
5.3
12.2
6.7
5.5
12.7
7.0
5.7
16.3
5.5
16.6
5.6
15.9
5,6
15.4
5.3
15.9
5.9
15.4
5.4
15.7
5.2
16.2
55
55
10.8
55
10.8
55
102
55
10.1
55
10.0
54
10.0
52
10.5
55
10.6
.
...
13.9
144
154
105
32
3.5
3.6
3.9
4.1
42
4.4
4.5
4.5
42
4.0
3.9
4.0
4.1
155
165
12.9
175
13.3
175
135
18.3
14.3
18.6
145
19.0
14.8
19.4
155
19.5
15.1
195
155
19.7
15.1
195
14.9
19.6
155
195
15.1
20.6
15.7
4.47
323
524
3.25
422
5.08
322
4.18
5.00
3.14
4.06
5.14
321
4.12
5.08
327
4.20
5.13
3.28
423
5.09
3.36
4.33
5.03
3.37
4.37
4.92
3.31
4.30
4.66
3.14
4.09
4.6*
3.13
4.09
4.54
3.09
4.03
4.54
3.07
4.03
455
3.05
3.98
121.4
120.8
1192
342
33.3
86.6
43.1
435
85.8
42.3
43.6
Ratio of Inventories to final sales ot domestic
business
Inventories to final sales
Nonfarm inventories to final sales
Nonfarm inventories to final sales of goods and
structures.
26
27
28
1950
1952
1951
1953
Line
I
Inventories1
121.6
1205
121.4
120.0
1195
120.6
1215
372
37.9
37.4
35.4
34.3
33.5
33.3
83.9
40.0
44.0
84.4
40.6
43.8
82.9
40.0
42.9
84.0
40.3
43.6
84.7
41.3
43.4
855
42.4
43.1
87.0
43.6
43.4
882
44.8
43.4
87.1
44.0
43.1
41.9
22.5
19.4
43.1
23.4
19.6
442
24.4
19.8
43.4
24.3
192
43.8
24.6
192
44.0
25.1
19.0
44.7
25.8
18.9
45.7
26.8
18.9
465
275
19.0
46.0
27.1
18.9
45.1
26.3
18.8
44.3
25.4
18.8
16.0
8.9
7.0
15.8
9.0
15.6
9.0
15.4
8.8
6.5
152
8.6
6.5
15.4
6.9
15.6
8.7
6.9
15.7
8.9
6.8
15.8
9.0
6.9
16.1
9.1
6.9
15.8
9.0
6.8
16.1
9.0
7.1
162
9.0
72
20.9
75
21.0
7.8
20.1
7.7
19.7
7.6
19.1
7.4
18.6
19.0
72
19.4
7.4
195
7.7
20.0
7.9
202
82
20.0
7.9
202
7.8
20.2
7.9
7.5
13.4
7.8
132
77
12.4
75
7.4
11.8
75
12.1
82
122
12.1
19
12.1
75
12.3
7*9
12.3
1
99.7
109.8
116.3
1192
120.1
2
32.8
36.1
37.0
36.7
37.0
Nonfarm
Durable goods2
Nondurable goods2
66.9
29.3
37.6
73.7
33.1
40.6
79.3
35.3
44.0
825
37.6
44.8
83.1
39.3
43.9
Manufacturing
Durable goods
durable goods
31.5
16.1
15.3
34.9
17.9
17.0
37.8
19.3
18.5
40.3
20.9
19.4
Wholesale trade ..,
Durable goods
Nondurable goods
13.4
72
62
14.7
8.1
6.5
15.5
8.5
7.0
17.7
5.9
192
7.1
Farm
1225
8.6
Merchant wholesalers
Durable goods ,
Nondurable goods
Nonmerchant wholesalers ..
Durable goods
Nondurable goods
Retail trade..
Durable goods .
Automotive .„
Other..
Nondurable goods .
Other
Final sales of domestic business3
Final sales of goods and
structures of
domestic business3
55
11.8
7A
122
7.1
7.I
11.5
72
7.4
7.7
11.9
12.0
11.8
4.3
4.9
5.1
52
5.3
55
5.7
5.7
5.7
5.6
5.6
5.5
5.4
52
52
52
21.8
23.1
175
232
17.8
24.0
18.4
24.7
19.0
24.9
19.1
25.4
252
26.3
272
16.9
21.7
16.7
20.6
27.3
205
272
205
272
205
27.3
20.3
4.57
3.07
3.97
5.06
3.39
4.41
5.04
3.43
4.43
5.14
3.56
4.64
5.00
3.46
4.53
4.96
3.40
4.43
4.89
3.40
4.43
4.76
327
427
4.43
320
422
4.45
323
429
4.46
320
425
4.45
3.19
426
4.37
3.15
4.23
194
19.1
20.0
265
205
4.81
3.33
4.39
457
322
423
4.45
3.17
4.17
Ratio of inventories to final sales of domestic
business
Inventories to final sales ......
Nonfarm inventories to final sales
Nonfarm inventories to final sales of goods and
structures.
See footnotes) at end of table.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
Table 5.12.—Inventories and Final Sales of Domestic Business by Industry: Quarterly, 1946-58 —Continued
[Billions of dollars; seasonally adjusted]
1
II
III
IV
1
II
1958
1957
1956
1955
Line •
III
IV
II
I
III
IV
1
II
III
IV
140.1
1
1195
120.4
122.4
1243
126.9
130.7
132.0
133.2
133.7
135.1
136.7
136.7
136.7
135.8
1365
2
32.6
31.6
31.0
30.2
30.3
31.5
31.2
30.4
29.6
30.3
30.8
31.5
33.0
33.6
342
33.8
Durable goods2
Nondurable goods2
3
4
5
87.0
43.1
43.9
88.8
44.5
44.3
91.3
46.3
45.0
94.1
48.4
45.7
96.7
50.0
46.6
99.2
51.1
48.2
100.8
51.6
492
102.8
52.9
49.9
104.1
53.4
50.7
104.8
53.9
50.8
105.9
55.0
51.0
105.1
54.6
50.6
103.8
53.2
50.6
1022
51.8
50.4
102.3
51.7
50.6
106.3
55.0
51.3
Durable goods
Nondurable goods
6
7
8
44.3
25.6
18.8
45.2
262
19.0
46.8
27.6
19.1
48.3
28.8
19.5
50.2
30.2
20.0
52.0
31.3
20.7
53.0
31.8
21.1
54.0
32.8
21.3
54.9
332
21.7
54.9
33.3
21.6
55.3
33.8
21.5
54.3
33.2
21.1
53.2
32.2
21.1
51.8
31.0
20.8
51.8
312
20.6
52.7
31.8
20.9
9
10
11
16.3
9.3
7.0
16.8
9.7
7.1
172
9.9
72
17.6
10.4
7.2
17.8
10.5
7.3
18.0
10.6
7.5
18.5
10.7
7.8
18.9
10.9
8.0
19.0
11.0
8.0
19.1
11.1
8.0
19.3
11.3
8.1
19.2
112
8.0
19.2
112
8.0
19.2
11.2
8.0
19.2
11.1
3.1
19.3
11.1
82
Inventories'
Wholesale trade
Durable goods
Nondurable goods
Merchant wholeulers
Durable goods
Nondurable rwvte
Nonmerchant wholesalers
Durahla oofifk
Nftrwiurahls nnods
Retail trade
Durable goods ...
Automotive
Other
Nondurable goods
15.5
9.3
6.2
3.7
1.8
1.9
12
13
14
15
16
17
......
.....
Other
Final sales of domestic business3
Final sales of goods 3and structures of
domestic business .
18
19
20
21
22
21.0
82
21.5
8.6
22.0
8.7
22.8
92
23.0
9.4
23.4
92
23.4
9.1
23.7
92
24.0
9.3
24.4
9.5
24.8
9.9
25.0
10.1
24.8
9.9
24.6
9.6
24.7
9.4
25.1
9.5
12.8
12.9
13.3
13.6
13.7
142
14.4
14.5
14.7
14.9
14.9
14.9
14.9
15.0
15.3
15.6
23
5.3
5.3
5.4
5.4
5.6
5.8
5.9
62
6.3
6.3
6.5
6.6
6.6
65
6.6
9.3
24
25
28.8
21.1
29.4
21.8
30.0
22.3
302
22.3
30.4
22.4
31.1
229
31.4
23.1
32.1
23.4
32.8
24.0
328
235
33.3
242
335
24.1
325
23.5
33.0
23.5
335
23.9
343
245
26
27
28
4.14
3.01
4.11
4,10
3.02
4.08
4.08
3.04
4.10
4.11
3.11
4.22
4.17
3.18
4.32
421
3.19
4.34
421
3.21
4.37
4.15
3.20
4.39
4.08
3.18
4.34
4.11
3.19
4.39
4.10
3.18
4.38
4.08
3.14
4.36
4.17
3.17
4.42
4.12
3.10
4.34
4.07
3.05
428
4.09
3.10
4.34
Ratio of inventories to final sales of domestic
business
Inventories to final sales
Nonfarm inventories to final sales
Nonfarm inventories to final sales of goods and
structures.
.....
1. Inventories are as of the end of the quarter. The quarter-to-quarter change in inventories calculated from current-dollar inventories in this table is not the current-dollar change in business inventories (CBI) component of GNP.
The former is the difference between two inventory stocks, each valued at their respective 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. Prior to 1959, inventories held by construction establishments are included in line 5.
3. Quarterly totals at monthly rates. Final sales of domestic business equals final sales of domestic product less
gross product of households and institutions and general government and includes a small amount of final sales
by farm.
NOTE.—Estimates for 1986 and earlier periods are based on the 1972 Standard Industrial Classification (SIC).
Beginning in 1987, estimates are based on the 1987 SIC. This discontinuity is small and affects only the manufacturing durable and manufacturing nondurable goods estimates.
Table 5.13.—Inventories and Final Sales of Domestic Business by Industry in Constant Dollars: Quarterly, 1947-58
[Billions of 1987 dollars; seasonally adjusted]
1947
1948
1950
1949
Line
I
Inventories1 .
II
III
IV
I
II
III
IV
I
II
III
IV
I
II
III
IV
295.6
3073
280.7
2803
278.8
2803
2833
286.9
291.1
294.5
294.3
290.5
289.4
285.4
287.8
723
71.4
70.0
69.6
70.1
71.0
71.9
72.7
725
72.4
72.3
72.4
72.4
723
72.7
73.4
207.8
1025
105.3
208.9
103.4
105.5
208.8
105.1
103.7
2112
104.4
106.7
213.3
105.4
107.9
215.8
1062
109.6
219.2
1072
112.0
221.8
108.3
113.5
221.8
108.3
113.4
218.1
105.1
113.0
217.1
105.3
111.8
213.0
102.1
110.9
215.4
101.6
113.9
219.3
104.6
114.7
222.8
106.3
116.5
234.5
1142
120.4
Manufacturing
Durable goods
Nondurable goods
103.7
63.0
40.7
103.7
63.5
40.2
104.4
64.4
40.0
104.4
63.8
40.6
104.1
62.7
41.4
105.7
62.7
43.0
107.3
62.9
44.4
107.8
63.0
44.8
108.6
63.4
452
106.4
615
44.7
104.1
595
44.5
102.2
58.0
44.1
102.6
58.0
44.6
1035
59.2
44.3
104.1
60.1
44.0
109.0
63.1
46.0
Wholesale trade..
Durable goods
Nondurable goods
41.4
243
17.1
41.9
24.3
17.5
41.3
24.7
16.6
40.3
24.3
16.0
40.6
24.7
15.8
41.3
25.4
15.9
42.5
26.1
16.4
43.3
26.6
16.7
43.5
26.7
16.9
42.9
26.0
16.9
43.2
262
17.0
43.3
26.2
17.1
44.3
265
17.8
45.7
27.4
18.3
45.8
27.3
18.4
48.2
29.3
18.9
48.9
18.0
51.4
18.9
541
21.8
Farm .
Nonfarm .
Durable goods2
Nondurable goods2
Merchant wholesalers
Durable goods
Nondurable goods .
Nonmerchant wholesalers .
Durable goods
Nondurable goods
*
41.1
152
Retail trade
Durable goods .
Automotive ..
Other .
Nondurable goods.
253
Other
21.5
852
59.1
3.29
2.44
351
Final sales of domestic business3
Final sales of goods 1and structures of
domestic business .
291.6
41.5
15.5
40.6
16.0
43.2
16.3
45.8
18.0
46.1
18.1
46.7
182
47.8
18.6
46.8
182
46.5
17.4
48.2
19.4
46.7
17.8
475
172
26.0
24.6
26.9
27.8
273
28.5
292
28.6
29.1
28.8
28.9
30.4
30.9
32.5
55
21.8
22.5
23.2
22.8
22.7
22.7
22.9
22.9
22.3
21.6
20.8
21.0
21.2
21.5
23.1
86.3
59.6
87 2
60.7
87.4
615
88.0
613
88.6
62.0
88.6
61.8
89.6
62.4
89.7
625
905
632
90.4
633
902
63.6
923
64.7
952
67.0
983
70.2
975
683
3.25
2.42
3.50
320
2.40
3.44
3.21
2.42
3.43
322
2.42
3.45
324
2.44
3.48
329
2.47
3.55
3.28
2.47
3.56
2.47
3.28
321
2.41
3.45
320
2.40
3.43
3.16
2.36
3.35
3.12
2.34
3.33
3.06
2.30
327
2.99
2.25
3.17
3.16
240
3.41
Ratio of Inventories to final sales of domestic
business
Inventories to final sales
Nonfarm inventories to final sales
Nonfarm inventories to final sales of goods and
structures.
See footnoted) at end of table.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
355
Table 5.13.—Inventories and Final Sales of Domestic Business by Industry in Constant Dollars: Quarterly, 1947-58 —Continued
[Billions of 1987 dollars; seasonally adjusted]
1951
1952
1953
Line
1
Inventories'
1
313.0
II
325.7
III
IV
334.0
338.0
1
341.6
II
340.2
111
IV
3433
3473
1
350.4
II
353.1
1954
III
IV
3543
352.6
1
3513
II
3492
III
IV
347.7
347.0
Farm
2
71.7
73.9
75.3
76.3
76.9
773
78.9
792
79.9
79.6
80.0
81.0
81.9
82.1
82.6
81.9
Nonfarm
Durable goods2
Nondurable goods2
3
4
5
241.4
1173
123.6
251.8
125.4
126.3
258.7
131.7
127.0
261.7
133.5
128.1
264.7
135.4
129.4
262.4
133.9
128.5
264.9
134.3
130.6
268.3
137.0
131.3
2703
139.8
1303
273.4
142.0
131.5
274.5
144.1
130.4
271.5
141.8
129.7
269.6
139.2
130.4
267.1
136.2
130.9
265.1
134.3
130.8
265.1
134.0
131.0
Manufacturing
Durable goods
Nondurable goods
6
7
8
112.5
65.7
46.9
120.6
71.0
49.6
128.9
77.1
51.8
132.4
79.8
52.6
136.8
83.0
53.9
135.9
82.9
53.1
136.6
83.4
532
138.1
84.7
53.4
139.9
86.5
53.5
142.1
88.3
533
143.1
89.5
53.6
141.9
88.4
53.4
139.1
86.1
53.0
136.1
83.1
53.0
133.8
812
52.5
134.1
61.4
52.7
Wholesale trade
Durable goods
Nondurable goods
9
10
11
48.6
29.6
19.0
502
312
19.0
50.3
31.5
18.8
49.8
31.3
18.5
49.1
30.6
18.5
48.6
29.9
18.7
49.3
29.7
19.6
50.5
302
20.3
51.0
30.7
202
51.3
30.5
20.7
51.5
30.8
20.6
50.9
30.4
20.6
513
30.3
21.0
51.7
30.3
21.4
51.6
30.3
21.3
51.6
30.3
21.3
57.2
23.3
55.1
23.1
54.3
22.5
52.8
213
51.7
21.1
52.8
212
54.3
22.0
54.6
223
55.8
23.1
56.1
23.8
55.6
23.1
55.9
22.7
56.0
22.8
56.5
22.8
56.0
22.4
Merchant wholesalers
Durable goods
Nondurable goods
Nonmerchant wholesalers
Durable goods
Nondurable goods
12
13
14
15
16
17
Retail trade
Durable goods
Automotive
Other
Nondurable goods
18
19
20
21
22
56.9
22.5
34.3
33.9
32.0
31.8
31.0
30.5
31.6
32.3
32.0
32.7
32.3
32.5
33.1
332
33.6
33.7
Other
23
23.4
23.8
24.4
25.3
26.0
26.2
26.1
25.4
25.1
24.3
23.8
232
23.3
23.3
23.3
23.3
24
25 '
99.8
70.6
100.7
703
103.8
723
1053
74.4
1062
75.1
108.1
76.4
107.1
752
1103
77.7
1123
80.1
1133
803
1133
803
113.4
803
1123
79.3
112.7
79.1
113.9
80.0
1143
81.6
26
27
28
3.14
2.42
3.42
3.24
2.50
3.57
3.22
2.49
3.57
3.19
2.47
3.52
322
2.49
3.53
3.15
2.43
3.43
321
2.47
3.52
3.15
2.43
3.45
3.11
2.40
3.38
3.11
2.41
3.41
3.13
2.42
3.43
3.11
2.39
3.37
3.12
2.40
3.40
3.10
2.37
3.38
3.05
2.33
3.32
3.02
2.31
325
Final sales of domestic business3
Final sales of goods and structures of
domestic business3.
Ratio of inventories to final sales of domestic
business
Inventories to final sales
Nonfarm inventories to final sales
Nonfarm inventories to final sales of goods and
structures.
foventories1
374.6
3752
376.8
3793
3773
79.6
80.7
78.3
772
77.6
78.3
286.6
147.1
139.4
290.6
148.7
141.9
293.9
148.9
145.0
296.9
150.3
146.6
298.3
150.9
147.4
299.7
152.5
1472
301.4
1542
1472
141.6
85.8
55.8
1452
88.6
56.6
1483
90.9
57.7
150.6
91.5
59.1
1522
93.0
592
153.3
93.7
59.5
153.6
94.3
59.2
54.4
322
22.2
55.4
32.8
22.6
55.6
32.7
22.9
55.4
32.7
22.8
56.5
32.7
23.8
56.9
32.7
24.3
56.8
32.6
242
60.6
24.7
62.4
25.5
62.8
25.8
632
25.1
63.0
24.7
632
24.6
63.4
24.6
35.9
36.9
37.0
382
38.3
38.6
38.8
223
22.4
23.0
23.3
23.7
243
24.8
1203
84.9
1203
843
121.6
84.8
852
1213
85.4
123.7
85.7
1243
863
2.98
2.30
3.26
3.01
2.34
332
3.05
2.38
3.39
3.04
2.39
3.41
3.07
2.41
3.44
3.03
2.40
3.47
3.01
£39
3.45
354.0
81.7
81.4
81.2
812
268.1
135.8
132.3
272.6
139.1
133.6
2763
141.0
135.8
281.8
144.1
137.7
134.8
81.6
53.1
1363
82.8
53.8
138.9
84.1
54.8
52.1
30.8
21.3
533
313
21.7
Retail trade
Durable goods
Automotive
Other
Nondurable goods
582
23.5
59.5
24.5
34.8
35.0
Other
23.1
23.1
117.8
813
118.7
83.8
120.1
2.97
2.28
327
£98
2.30
Nonfarm
Durable goods2
Nondurable goods2
Manufacturing
Durable goods
Nondurable goods
Wholesale trade
Durable goods
Nondurable goods
.
1958
370.3
3493
Farm
1957
1956
1955
363.1
367.4
372.4
3712
299.1
152.4
146.7
294.7
148.2
146.5
290.8
144.6
146.3
153.9
95.0
58.9
1512
93.1
58.1
148.4
90.3
58.1
145.1
87.7
57.4
57.0
32.9
24.1
57.0
332
23.8
56.4
32.8
236
55.7
32.3
23.5
55.7
32.1
23.6
64.3
25.3
65.1
26.0
65.4
26.5
64.5
25.6
64.1
24.8
39.1
39.0
38.9
38.9
39.3
24.8
25.4
26.0
26.0
26.0
124.4
853
125.4
86.4
125.4
853
122.3
833
122.9
833
3.03
2.41
3.49
3.02
2.40
3.49
3.01
2.38
3.49
3.05
2.41
3.53
3.02
2.37
3.48
Merchant wholesalers
Durable goods
Nondurable goods
Nonmerchant wholesalers
Durable goods
Nondurable goods
Final sales of domestic business3
Final sales of goods and structures of
domestic business3.
Ratio of inventories to final sales of domestic
business
Inventories to final sales
Nonfarm inventories to final sales
Nonfarm inventories to final sales of goods and
structures.
325
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 component of GNP is stated at annual rates.
2. Prior to 1959, inventories held by construction establishments are included in line 5.
3. Quarterly totals at monthly rates. Final sales of domestic business equals final sales of domestic product less
gross product of households and institutions and general government and includes a small amount of final sales
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
by farm.
NOTE.—Estimates for 1986 and earlier periods are based on the 1972 Standard Industrial Classification (SIC).
Beginning in 1987, estimates are based on the 1987 SIC. This discontinuity is small and affects only the manufacturing durable and manufacturing nondurable goods estimates.
6. Income, Employment, and Product by Industry
Table 6.1 A.—National Income Without Capital Consumption Adjustment by Industry: 1929-45
[Billions of dollars; quarters seasonally adjusted at annual rates]
Line
1
National Income without capital consumption
adjustment
Domestic industries
-
Private industries
Agriculture, forestry, and fisheries
Mining
Contract construction
Manufacturing
Durable goods
Nondurable goods
„...
1929
1930
87.8
1931
1932
43.7
60.6
765
1934
1933
41.2
50.4
1937
1936
1935
1940
1939
1938
1941
1942
1944
1943
1945
. 58.0
655
74.8
68.4
73.7
82.0
105.4
138.7
172.0
1845
183.2
74.4
675
732
81.7
105.0
138.2
1715
183.8
182.8
2
87.0
75.6
60.1
43 4
40.9
50.1
57.7
65.7
3
815
70.2
54.6
38.2
355
43.8
505
575
66.6
59.4
64.7
725
94.4
121.8
144.4
150.1
1455
4
5
6
8.6
2.1
3.8
6.6
1.7
32
5.3
1.0
22
3.5
.7
1.1
35
.6
.8
42
12
1.1
6.7
12
1.3
5.8
1.6
2.0
7.7
2.0
2.1
6.1
1.6
2.0
6.1
1.6
2.3
6.2
1.9
2.6
8.5
2.4
42
12.7
2.6
6.5
15.0
2.8
5.5
15.1
3.0
4.1
15.7
2.8
4.3
7
8
9
22.0
11.3
10.7
18.3
8.5
95
12.5
4.9
7.6
7.3
2.0
5.3
7.7
2.6
5.0
11.0
4.5
6.5
13.3
6.0
7.4
16.3
8.0
8.3
19.5
9.8
9.6
15.1
6.7
8.4
18.1
8.9
9.1
22.5
12.1
10.3
332
20.3
12.9
45.5
28.8
16.6
58.3
38.6
19.7
60.3
39.3
21.0
522
31.0
212
Transportation and public utilities
Transportation
Communications
Electric, gas, and sanitary services
10
11
12
13
9.4
6.6
1.1
1.7
8.4
5.6
1.1
1.7
7.0
4.4
1.0
1.6
5.5
3.2
.8
1.5
5.1
3.1
.7
1.3
5.6
3.4
.8
1.4
6.0
3.7
.8
1.5
6.7
4.3
.9
1.6
7.4
4.6
1.0
1.7
6.8
4.1
1.0
1.7
7.5
4.6
1.1
1.8
8.1
5.0
1.1
1.9
9.6
6.3
12
2.1
12.3
8.6
1.5
22
14.8
10.8
1.7
2.3
15.3
11.2
1.8
2.2
14.8
10.5
1.9
2.3
Wholesale trade
Retail trade and automobile services
Finance, insurance, and real estate
Services
14
15
16
17
4.4
9.5
13.4
8.8
42
8.5
112
8.3
3.3
6.9
9.3
72
2.3
4.6
7.6
5.6
1.9
4.0
6.5
5.1
2.6
5.9
6.3
5.7
3.0
6.6
6.6
6.1
3.4
7.6
7.3
6.8
4.0
8.5
7.9
75
3.9
8.4
8.4
72
3.9
8.8
8.7
7.5
4.6
10.1
9.0
8.0
5.3
12.2
10.2
8.8
6.3
14.3
11.5
102
6.9
17.1
12.5
11.8
7.7
182
132
13.1
8.3
19.8
14.0
14.1
18
5.1
55
55
5.2
5.4
65
6.8
82
75
8.6
8.6
8.8
10.6
16.4
27.1
33.8
365
19
.8
.7
5
A
5
.3
5
5
.4
.4
.4
.4
5
.5
A
5
.4
Government
Rest of the world
.A
NOTE.—Estimates in part A of this table are based on the 1942 Standard Industrial Classification (SIC); and estimates in part B are based on the 1972 SIC.
Table 6.1 B.—National Income Without Capital Consumption Adjustment by Industry: Annual, 1946-58, and Quarterly, 1948-58
[Billions of dollars; quarters seasonally adjusted at annual rates]
Une
1947
1946
1950
1949
1948
1951
1952
1954
1953
1955
1958
1957
1956
1
185.4
202.6
2282
2215
2455
2845
298.7
3125
312.0
340.8
361.8
378.5
380.7
2
184.7
201.4
226.7
220.1
2444
2825
296.6
3105
309.8
3382
358.9
3755
3775
3
1604
181.8
2065
1975
2205
251.7
261.6
2745
2732
299.6
317.7
3315
330.4
Agriculture, forestry, and fisheries
Mining
Construction
4
5
6
185
3.0
6.5
19.3
4.3
8.5
22.2
5.4
11.0
175
4.5
10.9
18.4
5.3
12.4
212
5.8
14.7
20.3
5.5
15.9
18.0
5.5
16.4
17.4
5.3
16.5
16.3
5.9
17.6
16.3
6.6
19.6
16.5
6.6
20.5
18.7
5.7
20.0
Manufacturing
Durable goods
Nondurable goods
7
8
9
492
24.3
24.9
59.6
31.5
28.1
68.8
35.9
32.9
64.9
34.3
305
76.4
43.0
33.4
90.5
52.0
38.5
92.7
54.4
38.3
100.6
60.3
40.3
94.9
55.1
39.8
1082
64.0
44.2
113.5
67.1
46.4
116.6
70.1
46.5
108.3
62.2
46.0
Transportation and public utilities
Transportation
Communications
Electric, gas, and sanitary services
10
11
12
13
15.2
10.4
2.2
2.6
16.8
11.6
2.3
2.8
18.8
12.8
2.8
32
18.8
12.1
3.0
3.7
20.7
13.4
3.4
3.9
23.5
15.1
3.9
4.6
25.0
15.6
4.3
5.1
26.3
16.0
4.8
55
25.9
14.8
5.1
6.0
28.2
162
5.7
6.3
30.2
17.3
62
6.7
31.6
17.8
6.7
7.1
31.5
16.9
7.1
7.6
14
15
16
17
105
24.2
16.6
16.6
11.7
26.0
17.7
18.1
13.8
26.3
19.9
20.0
13.1
26.1
21.4
20.4
14.3
27.1
23.9
22.0
16.5
29.3
26.3
24.0
16.8
30.7
29.0
25.7
17.0
31.3
322
27.7
17.1
32.3
35.0
28.8
19.2
34.3
37.6
32.3
20.8
35.5
39.9
35.3
215
37.1
42.6
38.1
22.4
37.7
45.9
402
Government
18
245
19.6
20.4
22.7
235
30.7
35.0
355
36.6
38.6
41.2
44.0
47.6
Rest of the world
19
.7
12
15
15
15
25
2.1
25
22
25
2.9
32
2.7
National income without capital consumption
adjustment
Domestic Industries
-
Private Industries
Wholesale trade
Retail trade
Finance, insurance, and real estate
Services
—
1948
1949
1
11
III
IV
1
II
1951
1950
Une
III
IV
1
III
II
IV
III
IV
2824
287.1
2922
II
1
1
219.6
2275
232.1
233.6
2262
2212
2205
217.7
226.6
2375
2535
2665
2762
Domestic industries..
2
2182
2255
2305
232.1
2245
219.8
219.6
2165
2255
236.1
2515
2645
274.6
2804
285.0
289.9
Private industries .
3
198.7
2065
209.7
2105
20Z4
1972
1965
1935
2024
213.1
2275
2385
2464
250.4
252.9
2572
Agriculture, forestry, and fisheries .
Mining
Construction
4
5
6
202
52
10.1
235
52
10.9
23.4
5.7
11.5
22.1
5.6
115
18.0
5.3
112
175
4.8
10.8
165
42
10.7
172
3.9
10.8
17.6
4.3
112
17.6
5.3
11.9
185
5.7
12.8
19.9
55
13.5
20.8
5.7
14.1
21.1
5.7
14.7
212
5.8
14.9
215
5.8
15.1
Manufacturing
Durable goods
Nondurable goods
7
8
9
67.1
35.0
32.1
68.0
34.9
33.1
69.4
362
33.3
70.7
37.4
33.3
67.6
36.3
31.3
64.1
335
302
65.7
35.0
30.6
62 2
32.0
30.3
66.4
355
30.9
72.6
40.3
32.3
60.2
46.0
34.1
86.5
50.1
36.4
88.4
50.9
37.5
91.0
52.3
38.7
91.1
51.8
395
91.5
53.0
38.5
Transportation and public utilities
Transportation .
Communications
Electric, gas, and sanitary services .
10
11
12
13
18.5
12.7
2.8
3.1
18.9
12.9
25
32
185
12.8
2.8
32
19.1
12.9
2.9
3.3
18.9
12.4
2.9
3.5
19.1
1Z3
3.1
3.7
185
12.0
3.1
35
185
11.6
3.1
3.7
192
122
32
3.8
20.0
125
35
3.9
21.5
14.1
35
3.9
22.3
14.7
35
4.1
22.7
14.7
3.7
4.4
23.4
15.1
35
4.5
23.6
15.0
4.0
4.7
24.4
15.5
4.1
4.9
Wholesale trade .
Retail trade .
Finance, insurance, and real estate ..
Services
14
15
16
17
135
25.4
19.1
19.6
13.8
26.3
19.7
19.9
13.9
26.5
20.3
202
13.9
26.8
20.6
202
13.7
26.7
20.9
20.2
132
26.4
21.1
20.3
13.0
25.9
21.4
20.4
12.7
25.5
22.0
20.9
13.3
26.4
22.8
215
13.6
26.9
23.6
21.7
14.9
27.4
24.4
222
15.4
27.5
25.0
22.8
16.2
29.7
25.4
23.4
16.5
28.5
25.9
23.7
16.5
292
26.4
24.2
165
29.7
27.4
24.7
18
195
19.7
205
21.6
22.4
225
22.8
23.0
225
23.0
24.0
26.0
282
30.0
32.0
32.7
19
14
15
15
15
1.4
1.4
15
12
15
14
1.7
1.7
1.6
2.0
2.1
22
National Income without capital consumption
adjustment.
Government
Rest of the world .
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
Table 6.1 B.—National Income Without Capital Consumption Adjustment by Industry: Annual, 1946-58, and Quarterly, 1948-58-Continued
[Billions of dollars; quarters seasonally
adjusted at annual rates]
1952
1953
1954
1955
Line
1
National income without capital consumption
adjustment.
II
ill
IV
1
II
111
IV
314.6
3065
I
II
111
IV
I
3115
3195
3304
3385
11
III
IV
3435
3505
1
2932
293.7
2985
308.9
Domestic industries
2
291.1
291.6
296.8
306.8
312.1
314.1
312.7
304.6
3065
3062
309.4
3175
3275
336.0
3415
347.9
Private industries
3
257.1
256.7
261.3
2712
2762
278.0
2765
2685
270.0
2695
2725
2804
290.3
297.4
302.3
308.4
Agriculture, forestry, and fisheries
Mining
Construction
4
5
6
20.0
5.9
15.6
20.6
52
15.6
21.9
5.3
16.0
18.7
5.6
16.3
18.6
55
165
18.1
55
162
17.5
5.6
162
17.7
5.4
165
18.6
5.3
16.5
17.0
52
16.5
17.3
52
16.3
16.7
5.4
165
16.8
5.6
17.0
16.6
5.8
17.7
16.1
5.9
17.9
15.7
6.3
17.9
Manufacturing
Durable goods
Nondurable goods
7
8
9
91.8
53.9
37.8
89.7
52.2
37.5
90.5
52.2
38.3
98.9
59.3
39.7
103.1
62.4
40.6
103.4
62.4
41.0
102.0
61.3
40.6
94.0
55.0
39.0
94.4
54.9
395
942
54.8
39.4
93.3
53.8
39.4
97.7
56.8
41.0
103.2
60.9
42.3
107.2
63.5
43.8
109.3
64.9
44.4
113.0
66.7
46.3
Transportation and public utilities
Transportation
Communications
Electric, gas, and sanitary services
10
11
12
13
25.1
15.9
42
5.0
24.3
152
4.1
5.0
24.8
15.4
4.3
5.1
25.9
16.1
4.5
5.3
26.0
16.1
4.6
5.4
26.6
16.4
45
5.4
265
16.1
4.8
5.6
26.1
15.6
4.9
5.6
25.5
14.9
4.9
5.8
25.7
14.7
5.0
6.0
26.0
14.8
52
6.1
26.4
15.0
5.3
62
27.1
15.6
5.4
6.1
28.0
16.1
5.6
6.3
28.5
16.5
5.8
6.3
29.1
16.7
5.9
6.5
Wholesale trade
Retail trade
Finance, insurance, and real estate
Services
14
15
16
17
16.7
292
27.7
252
16.6
30.8
28.5
25.4
16.8
30.6
29.5
25.8
16.9
32.2
30.3
26.3
17.0
315
31.1
26.9
17.3
31.6
31.8
27.5
17.1
31.4
325
27.9
16.7
30.7
332
28.3
16.8
31.0
33.9
28.1
16.8
315
34.6
28.3
17.0
332
35.3
28.9
17.9
33.5
36.1
29.9
18.4
34.5
36.9
30.7
19.0
33.9
375
31.7
19.6
34.3
37.7
32.9
19.9
34.5
38.3
33.8
Government
18
34.1
343
355
355
35.8
36.1
35.9
35.9
365
36.4
365
37.1
375
38.6
39.0
39.4
Rest of the worid
19
2.1
2.1
2.1
2.1
2.0
22
13
15
2.1
2.1
2.1
2.4
25
25
25
2.6
314.1
3162
1956
308.3
308.1
1957
.
1958
Line
1
National income without capital consumption
adjustment
II
1
353.3
Domestic industries
2
3505
Private industries
3
3105
Agriculture,forestry,and fisheries
Mining
Construction
4
5
6
15.6
65
18.6
Manufacturing
Durable goods
Nondurable goods
7
8
9
Transportation and public utilities
Transportation
Communications
Electric, gas, and sanitary services
Wholesale trade
Retail trade
Finance, insurance, and real estate
Services
IV
III
1
II
IV
III
II
1
3635
3705
376.8
378.6
382.0
3765
370.7
356.6
360.6
3684
373.6
375.1
378.7
3735
3155
318.8
326.0
3305
331.4
334.1
329.1
16.1
6.7
195
16.8
6.5
20.1
16.7
6.6
20.3
15.7
65
20.4
162
6.7
20.6
17.0
6.6
20.5
112.2
65.9
46.3
112.8
66.4
46,3
111.9
65.7
46.2
117.0
70.3
46.7
119.4
725
465
117.9
712
46.7
10
11
12
13
29.7
17.1
6.0
6.6
302
17.4
6.1
6.7
30.2
17.0
6.3
6.8
30.7
17.6
6.3
6.8
31.3
17.8
6.6
7.0
14
15
16
17
195
34.5
39.0
34.2
20.6
35.2
39.6
34.9
21.3
36.2
402
35.6
21.4
36.1
40.8
36.4
Government
18
40.0
405
415
Rest ot the worid
19
2.9
25
35
359.5
NOTE.—Estimates in part A of this table are based on the 1942 Standard industrial Classification (SIC); and estimates in part B are based on the 1972 SIC.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
111
IV
3725
3834
3962
3685
369.7
380.6
3935
322.0
3225
3322
344.7
17.0
6.3
20.5
19.1
6.0
195
18.9
5.5
19.7
18.5
5.7
20.0
18.2
55
20.6
117.0
70.3
46.6
112.3
66.4
455
104.9
60.3
44.6
103.5
59.1
44.4
109.0
622
46.8
115.6
67.3
48.3
315
17.8
6.7
7.1
31.9
18.0
6.7
72
31.5
17.4
65
7.3
305
16.5
65
7.4
30.9
16.4
7.0
7.5
31.7
16.9
7.1
7.6
32.7
17.6
7.3
7.8
215
36.7
41.4
372
21.8
36.8
42.0
37.9
22.0
37.6
43.0
385
21.9
37.1
43.7
38.7
21.5
362
44.6
392
21.7
365
45.4
40.0
22.8
37.9
462
40.4
23.6
39.7
47.3
41.1
424
43.1
43.7
445
44.7
465
47.1
48.4
485
2.7
32
35
3.3
25
2.7
25
2.7
2.7
Table 6.2A.—Compensation of Employees by Industry: 1929-48
[Millions of dollars)
Line
Compensation ol employees .
Domestic Industries
Private 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
Nonmetaiiic mining and quarrying
Contract construction
1929
1932
1931
1930
1934
1933
1937
1936
1935
51,126
46,875
39,782
31,096
29,578
34,337
37,383
42,936
47,978
51,125
46,874
39,781
31,095
29,577
34,336
37,382
42,955
47,977
46,004
41,528
34,324
25,913
24220
28,030
30,620
34,805
40,161
1,419
1,291
757
695
755
864
954
1,105
1,304
1,181
918
673
620
682
778
871
992
115
110
104
84
75
73
83
113
1.539
1,349
1,011
1,022
86
985
54
89
53
1,162
130
206
204
169
104
265
256
208
153
134
162
143
142
618
515
387
266
284
394
430
515
573
326
298
228
172
182
245
262
296
351
61
141
126
111
84
53
47
57
79
97
2.540
2,142
1,529
863
639
788
920
1,350
1,463
16,243
13,991
10,933
7,783
7,921
9,746
10,961
12,672
15,186
Durable goods
Lumber and basic timber products
Furniture and finished lumber products
Stone, clay, and glass products
Iron and steel and their products, including
ordnance.
Nonferrous metals and their prodxts
Machinery, except electrical
Electric and electronic equipment
Motor vehicles and equipment
Other transportation equipment
Miscellaneous manufacturing, including
instruments and miscellaneous plastic
products.
8,620
7,011
4,925
3,116
3,187
4,248
5,043
6,264
7,972
713
547
309
179
201
255
303
384
459
617
491
389
255
255
278
329
399
231
290
334
410
506
1,314
1,703
2,196
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 products .
Leather and leather products
Manufacturing
627
533
390
243
2,147
1,820
1,230
736
821
1,089
464
544
421
326
207
207
267
321
383
484
1,408
1,185
783
497
500
685
832
1,050
1,391
868
720
491
290
306
413
466
582
778
932
636
515
370
352
571
694
798
1,007
264
256
168
94
134
146
209
286
450
402
324
118
221
220
266
304
346
401
7,623
6,980
6,008
4,667
4,734
5,498
5,918
6,408
7214
1,586
1,540
1,346
1,115
1,149
1,344
1,411
1,532
1.731
143
131
109
85
74
84
84
90
101
1,465
1,207
1,072
774
903
1,012
1,117
1,178
1,303
1,055
916
784
561
572
693
783
850
895
435
417
355
277
283
337
362
403
476
1,243
1248
1,071
843
722
813
872
958
1,076
671
629
536
420
428
502
532
584
701
248
248
200
166
156
181
204
219
265
283
224
169
133
142
178
184
213
243
494
420
366
293
305
354
369
381
6,362
5,904
5,059
3,953
3.627
3,936
4,192
4,703
5287
4,813
4,332
3,622
2.736
2,537
2,766
2,961
3,357
3,762
3,303
2,926
2,407
1,752
1.628
1,782
1,894
2,154
2,377
661
621
541
435
373
405
435
471
333
322
295
263
258
327
366
426
215
195
168
137
144
154
162
198
238
5
9
13
14
14
14
17
22
48
42
38
29
29
34
36
40
49
248
217
160
106
91
107
120
142
173
Communication ,
Telephone and telegraph
Radio and television broadcasting .
766
769
695
520
554
569
621
713
756
754
674
499
529
542
587
668
10
15
25
27
34
45
Electric, gas, and sanitary services
Utilities: electric and gas
Local utilities and public services, n.e.c.
783
803
742
751
771
712
32
Transportation and public utilities ..
Transportation
Railroad transportation
Local and interurban passenger transit.
Trucking and warehousing
Water transportation
Transportation by air
Pipelines, except natural gas
Transportation services
Wholesale trade
Retail trade and automobile services .
Finance, insurance, and real estate ....
Banking
Security and commodity brokers, and services .
Credit agencies (other than banks) and holding
and other investment companies.
Insurance carriers
Insurance agents and brokers, and services ....
Real estate
Services .
Hotels and other lodging places .
Personal services .
Commercial and trade schools and employment
agencies.
Business services
Miscellaneous repair services
Motion pictures
Amusement and recreation services
Health services
Legal services
Educational services, n.e.c
Membership organizations
Miscellaneous professional services .
Private households
Government .
Federal
General government
Government enterprises .
State and local
General government
Government enterprises .
32
3,397
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
565
24
570
616
662
725
812
547
591
636
697
785
30
23
25
26
3220
2,757
2,152
1,895
2,192
2,382
2,597
2,984
3,436
3,967
4,301
4,744
5,458
2J&31
2,111
2,313
2 T 524
5,546
4,877
3,804
2,527
2,145
784
739
670
408
321
267
582
235
257
247
223
2,989
21
28
628
602
26
2,808
5,977
821
27
516
524
542
574
245
234
252
260
178
184
206
201
233
256
604
645
689
758
166
180
190
206
224
313
345
391
452
3,758
3,368
3,688
3,904
4,310
4,786
343
258
219
272
289
318
363
526
459
500
529
584
652
648
187
232
210
479
441
380
5,538
5,277
4,609
427
28
272
777
240
755
730
646
34
33
27
19
359
371
311
262
579
\6
243
18
294
22
26
31
414
108
106
326
392
98
83
73
76
310
313
307
241
227
253
282
317
360
323
299
256
191
161
176
180
205
239
398
406
386
349
388
433
81
84
91
346
317
324
124
131
132
126
121
126
135
307
311
303
118
281
116
296
279
295
312
605
612
284
589
531
487
492
489
507
509
81
75
55
36
34
37
40
51
57
1,718
1,485
1,148
836
733
851
912
1,017
1,190
5,121
5,346
5,457
5,182
5,357
6,306
6,762
8,150
7316
1,488
1,529
1,534
1,456
1,680
2269
2,420
4274
3.732
907
945
952
912
1,195
1,729
1,806
3,612
581
584
582
544
485
540
614
662
675
3,633
3,817
3,923
3,726
3,677
4,037
4.342
3,876
4.084
3,456
3,630
3,737
3,565
3,531
3,884
177
187
186
4,178
146
153
164
3,6""
180
3.889
1
Rest of the world
Addenda:
Households and institutions •
Nonfarm business
21
423
161
1
3,057
195
1
2,863
2,652
2278
1,871
1.677
1,802
1,882
42,595
38,466
31,896
24,074
22,554
26,239
28,738
2,044
32,732
2272
37.767
Table 6.2A.—Compensation of Employees by Industry: 192&-48—Continued
[Millions of dollars]
Line
1939
1940
1942
1941
1944
1943
1945
1946
1947
1948
1
48,158
52,180
64,836
85,309
109,599
121,276
123280
119,644
130,102
142,086
Domestic Industries
2
48,156
52,177
64,830
85,299
109,615
121,327
123,344
119,684
130,033
142,000
Private Industries
3
39,583
43,362
54,278
68,918
82,524
87,547
86,397
95,403
110,425
121,607
4
1,097
1,139
1,370
1,786
2,194
2,401
2,514
2,780
3,061
3,306
5
6
992
105
1,033
106
1,252
118
1,634
152
2,030
164
2.207
194
2.306
208
2.542
238
2.793
268
3.000
306
7
1,204
1,360
1,621
1,855
2,072
2,285
2261
2,482
3,071
3,546
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
309
253
1.469
769
261
354
1,953
n
947
292
Compensation of employees
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
Nonmetaitic mining and quarrying
8
9
10
11
12
Contract construction
13
1,650
1,821
3,074
4,925
4,120
3,037
3,107
4,664
6,173
7,523
Manufacturing
14
14,321
16,397
22,775
32,248
42,658
44,960
40,182
33,262
44,616
48,702
7,193
432
458
494
1,907
8,865
489
492
542
2,334
13.514
654
630
710
3,347
21,139
795
701
808
4,724
29,828
882
766
875
6,817
31,103
910
800
880
7,089
25,583
884
831
899
6,090
21,180
1,094
1.106
1,186
4,721
25.162
1.400
1,378
1.409
5.966
27.467
3,062
20
21
22
23
24
25
453
1,167
673
864
324
421
547
1,505
803
1,098
555
495
780
2,435
1224
1,538
1,518
678
1,066
3,712
1,805
1,713
4,899
916
1,360
4,319
2.479
1,001
10,146
1,183
1,393
4,356
2,834
1,096
10,545
1,200
1,304
4,069
2,544
945
6.797
1220
1.413
4.150
2.355
1.941
1,851
1.363
1.492
5,049
2.860
2,441
1.678
1.489
o
5.614
2.992
2.693
n
(')
26
27
28
29
30
31
32
33
34
35
36
7,128
1,707
102
1,224
967
468
1,037
702
280
236
405
7,532
1,790
108
1,261
980
515
1,044
849
326
258
401
9261
2,018
119
1,673
1261
652
1,119
1,150
388
351
530
11,109
2.392
125
2,001
1,497
731
1,134
1,731
477
414
607
12,830
2,764
152
2,137
1,786
849
1,225
2,118
576
575
648
13.857
3.106
165
2,127
1,965
920
1,353
2,172
705
670
674
14,599
3,269
179
2,199
2,078
976
1.526
2210
773
662
727
17,082
3.760
197
2.808
2,558
1.190
1,983
2.076
823
781
906
19,454
4.293
207
3.226
2,747
1,411
2.347
2.396
979
669
979
21.235
4,574
215
3.683
2,985
1,577
2,607
2.617
1.117
850
1,010
Durable goods
Lumber and basic timber 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
Electric and electronic equipment
Motor vehicles and equipment
Other transportation equipment
Miscellaneous manufacturing, including
instruments and miscellaneous plastic
products.
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 products
Leather and leather products ...
15
16
17
18
19
•
(:)
1.602
11.504
37
5,220
5,523
6,326
7,499
8,980
10,155
10,798
12,177
13,317
14,498
Transportation
Railroad transportation
Local and interurban passenger transit.
Trucking and warehousing
Water transportation
Transportation by air
Pipelines, except natural gas
Transportation services
38
39
40
41
42
43
44
45
3.644
2,240
455
465
224
36
44
180
3,866
2,373
441
524
240
45
46
197
4,520
2,803
472
643
274
57
51
220
5.596
3,532
609
771
314
80
58
232
6.956
4,264
785
883
487
118
69
350
7.989
4.713
880
965
760
135
82
454
8,388
4,758
958
1.053
902
160
87
470
9.104
5,135
1210
1,262
701
249
93
454
9,751
5,439
1.279
1.468
632
288
111
534
10.376
5,817
1.249
1,678
668
310
132
522
Communication
Telephone and telegraph
Radio and television broadcasting .
46
47
48
750
695
55
782
720
62
878
807
71
966
890
76
1,093
1,006
87
1.188
1,083
105
1,349
1227
122
1.766
1.619
147
1.991
1,819
172
2.306
2.098
208
Electric, gas, and sanitary services ...
Utilities: electric and gas .
ILocal
uul utilities and public
. .JTI: services, n.e.c
49
50
51
826
793
28
875
845
30
928
897
31
937
904
33
931
898
33
978
942
36
1.061
1,021
40
1.307
1,261
46
1.575
1.523
52
1,816
Wholesale trade
52
3,141
3,358
3,935
4,182
4,366
4,755
5,307
6,907
8240
9,149
Retail trade and automobile services
53
5,588
6,016
6,838
7,167
7,923
8,671
9,859
13,315
15,404
16,912
Transportation and public utilities
Finance, insurance, and real estate .
Banking
Security and commodity brokers, and services .
Credit agencies (other than banks) and holding
and other investment companies.
Insurance carriers
Insurance agents and brokers, and services ....
Real estate
Services .
Hotels and other lodging places .
Personal services .
Commercial and trade schools and employment
agencies.
Business services
Miscellaneous repair services
Motion pictures
Amusement and recreation services
Health services
Legal services
Educational services, n.e.c
Membership organizations
Miscellaneous professional services .
Private households
Government .
Federal „
General government "
Government enterprises .
State and local
General government
Government enterprises .
R«st of the world
Addenda:
Households and institutions ....
Nonfarm business
54
2,522
2,599
2,752
2,864
3,013
3,166
3,436
4,316
4,728
5,288
55
56
57
600
180
232
622
170
245
654
158
271
710
131
270
765
154
251
829
167
243
903
228
247
1.085
286
314
1225
237
361
1,341
246
420
58
59
60
797
232
481
820
231
511
870
245
554
910
266
577
942
284
617
968
298
661
1,033
324
701
1.296
430
904
1,478
467
960
1.670
532
1.079
61
4,840
5,149
5,587
6,392
7,198
8,117
8,933
10,500
11,815
12,683
62
63
64
376
638
28
402
712
28
430
799
46
459
925
91
541
1,078
133
631
1,182
102
695
1.311
59
835
1,634
69
905
1,753
92
948
1.822
I4)
65
66
67
68
69
70
71
72
73
74
433
97
353
230
478
142
337
521
75
1,132
443
94
353
246
513
144
348
565
80
1,221
491
125
386
270
558
151
362
606
123
1240
507
148
425
281
641
150
339
682
214
1,480
554
214
477
291
744
149
433
785
199
1,600
652
243
531
337
845
159
465
853
197
1.890
753
245
573
384
932
169
494
952
221
2.145
962
310
703
524
1,135
184
579
1,166
275
2.124
1.105
351
719
566
1.412
209
728
1,280
334
2.351
1270
369
683
611
1.533
228
896
1.464
495
2,364
75
8,573
8,815
10,552
16,381
27,091
33,780
36,947
24281
19,608
20,393
76
77
78
79
80
81
4,183
3464
719
4,390
4,185
205
4,288
3.542
746
4.527
4289
238
5.887
5,079
808
4,665
4,383
277
11,612
10,694
918
4,769
4.473
296
22.092
20,953
1,139
4,999
4.663
336
28.502
27,314
1,188
5278
4,938
340
31,217
29.969
1248
5.730
5,370
360
17.680
16.190
1,490
6,601
6,195
406
11.770
10,305
1.465
7.838
7,333
500
11.232
9.556
1.676
9,161
8.521
640
82
2
3
6
10
-16
-51
3.240
78,729
3.719
83.149
83
84
2.276
37,239
n.e.c. Not elsewhere classified.
1. Included in anthracite mining (line 9).
2. Inclined in lumber and basic timber products (line 16).
3. Included with iron and steel and their products, including ordnance (line 19).
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
2,435
40.878
2,533
51,578
2,918
65,580
S4
4,117
81,582
-40
69
86
4,492
90265
5.140
104.496
5.603
115.320
4. Included with educational services, n.e.c. (line 71).
Mote—Estimates in part A of this table are based on the 1942 Standard Industrial Classification (SIC); and estimates in part B. including 1948. are based on the 1972 SIC.
Table 6.2B.—Compensation of Employees by Industry: 1948-58
[Millions of dollars]
1949
1948
1955
1954
1952
1951
1950
1957
142,086
141,998
155,417
181,595
196,349
210,420
209,367
225,915
244,740
257,758
Domestic industries
142,000
141,940
155,339
181,581
196,347
210,427
209,424
225,985
244,822
257,836
Private industries
Compensation of employees ..
121,607
119,255
131,404
150,840
161,331
174,514
172,826
187,381
203,598
213,824
Agriculture, forestry, and fisheries
Farms
Agricultural services, forestry, and fisheries .
3,319
3,000
319
3,143
2,817
326
3,184
3,314
2,868
446
3210
3,097
3,087
3,129
2,821
363
3.340
2.932
408
2.746
464
2,606
491
2,598
489
2.611
518
3,235
2.710
525
Mining
Metal mining
Coal mining .
Oil and gas extraction
Nonmetallic minerals, except fuels
3,597
354
1,953
998
292
3,182
343
1,520
1,018
301
3,503
374
1,723
1,068
338
3,990
456
1.882
1253
399
4,059
507
1.684
1,433
435
4,183
3,843
514
1246
1,600
483
4,161
4,674
4,830
580
1,322
1,729
530
661
1,501
1,915
597
688
1,528
2,002
612
568
1.618
1,526
471
Construction ....
7,662
7,490
8,624
10,665
11,597
12,194
12,452
13,408
14,919
15,342
Manufacturing .
49,454
47,059
53,628
63,691
68,876
76.433
72,922
80,050
86,504
90,270
Durable goods
Lumber and wood products .
Furniture andfixtures.
Stone, clay, and glass products
Primary metal industries
Fabricated metal products
Machinery, except electrical
Electric and electronic equipment
Motor vehicles and equipment
Other transportation equipment
Instruments and related products
Miscellaneous manufacturing industries .
27,603
2,026
963
1,708
4,373
3,700
4,980
3.280
Z663
1,789
906
1,215
25,521
1,807
919
1.637
3,890
3.467
4.350
2,940
2.767
1,738
872
1,134
30,080
2,151
1,131
1,889
4,797
4,140
4,854
3.510
3.511
1,796
1.032
1,269
37.684
2.467
1,197
2247
5,865
5.058
6,667
4,403
3,937
3,124
1,350
1,369
41,570
2,475
1278
2.236
5,867
5,492
7,440
5.066
4,031
4.687
1,585
1.413
47206
2.482
1,357
2.453
6,675
6.288
7.953
5.886
5.013
5,692
1,817
1,590
43,598
2,361
1289
2,433
5,932
5,828
7,263
5,418
4.412
5,341
1.779
1,542
48,735
2,644
1,461
2,740
7,210
6.448
7.781
5,927
5,544
5.446
1,905
1,629
53,084
2,748
1,552
2,967
7,880
6,961
9.021
6,661
5,190
6209
2,153
1,742
55,580
2,528
1,593
3,045
8284
7.381
9.339
7,102
5.277
6.930
2,346
1,755
Nondurable goods
Food and kindred products
Tobacco manufactures
Textile mill products
Apparel ana other textile products .,
Paper and allied products
Printing and publishing
Chemicals and allied products
Petroleum and coal products
Rubber and miscellaneous plastics products
Leather and leather products
21,851
5.356
215
3,563
3,054
1,577
2,609
2.292
1,082
1,085
1,018
21.538
5.458
229
3.178
2,948
1,548
2,754
2297
1,121
1.026
979
23.548
5,793
241
3,636
3.180
1.788
2.933
2,542
1.149
1,229
1,057
26.007
6.400
278
3.778
3,321
2,057
3.173
3,106
1,380
1,440
1.074
27,306
6.746
295
3,662
3,463
2,143
3,396
3.379
1,515
1,547
1,160
29227
7,164
314
3,699
3,678
2,375
3,692
3,782
1.612
1.710
1,201
29,324
7.418
326
3,328
3,542
2.457
3,879
3,911
1,682
1,617
1,164
31.315
7,768
339
3,534
3,752
2,684
4.145
4.183
1,736
1.913
1,261
33,420
8.270
362
3,602
3,985
2,919
4,465
4,650
1,828
2,023
1,316
34,690
8.545
374
3,494
4,042
3,038
4,719
5,032
1,949
2,158
1.339
14,498
14,333
15,141
17,185
18260
19,364
19,084
20,285
21,994
23,145
10.376
5.817
1,255
1,678
919
342
132
233
9.946
5.382
1237
1,758
834
358
130
247
10,514
5,587
1.224
2,086
870
384
12,625
6,452
1,327
2,670
1,150
556
156
314
13206
6.458
1.350
3.033
1258
619
159
329
12.594
5,907
1,304
3.086
1,153
655
158
331
13.400
6.091
1,298
3.508
1263
737
158
345
14.506
6.567
1.320.
3,851
1,350
874
167
377
15,186
237
12.059
6,410
1288
2.397
1,077
460
143
284
Communications
Telephone and telegraph
Radio and television
2,306
2,098
208
2.425
2.196
2,511
2251
260
2,785
£483
302
3.090
2,752
338
3,404
3,022
382
3,581
3.146
435
3,833
3,362
471
4.197
3,677
520
4.467
3.914
Electric, gas, and sanitary services .
1,816
2,116
2.341
2,545
2.754
2,909
3,052
3291
10,086
11,354
11,936
12,665
13,029
13,919
15,448
16,327
16,751
18,175
19,176
20.434
20,929
22^92
23,908
25,129
6,029
1,542
422
325
1.988
434
1251
67
6,640
1,725
486
354
2,183
491
1.328
73
7207
1,907
561
355
2,401
535
1,360
88
7,870
8,571
9,309
10,178
10,896
2,097
631
366
2.664
592
1.430
90
2.251
708
465
2.861
647
1,541
98
2.419
808
567
3,013
691
1,703
108
2,655
924
584
3,278
769
1,847
121
2.882
1,011
594
3,603
834
1,840
132
14^58
15,800
22,844
24,650
1,036
2,025
1,460
566
396
712
652
2,120
307
964
2,056
18,161
1,173
2232
1,848
633
440
713
739
2.623
382
1,057
2.435
20,770
968
1,896
1267
537
317
688
627
1.870
276
922
1.864
16,906
1,111
2.125
1.644
601
437
723
685
2.358
342
996
2,200
18,899
948
1,822
1,097
573
369
683
611
1,520
228
826
1,514
13,573
952
1,836
1.139
543
332
688
618
1,654
244
877
1.725
1,199
2297
1,984
637
406
752
783
2.873
412
1,133
2.631
1,254
2,398
2227
681
441
806
844
3,157
450
1,426
2,682
2.931
829
554
815
967
3,781
532
1.510
2,841
1,324
2.560
2,616
755
507
819
901
3,401
495
1.357
3,064
598
2,364
608
2.357
653
2,573
844
2,662
1.069
2,615
1,195
2,691
1221
2.571
1,392
3,053
1,777
3268
1,969
3,323
Transportation and public utilities .
Transportation
Railroad transportation
Local and interurban passenger transit .
Trucking and warehousing
Water transportation
Transportation by air
Pipelines, except natural gas
Transportation services
Wholesale trade
Retail trade
Finance, insurance, and real estate
Banking
Credit agencies other than banks
Security and commodity brokers
Insurance carriers
Insurance agents, brokers, and service ..
Real estate .
Holding and other investment offices ....
Services
Hotels and other lodging places ....
Personal services
Business services
Auto repair, services, and parking .
Miscellaneous repair services
Motion pictures .
Amusement and recreation services
Health services
Legal services
Educational services
Social services and membership organizations .
Social services
Membership organizations
Miscellaneous professional services
Private households
9,563
15,170
5,186
1/541
339
256
1,670
358
1,153
13,153
229
1.962
9,431
15,596
5,448
1.426
377
252
1.809
390
1.123
71
126
1226
6.626
1,370
4,087
1.509
1.022
174
398
553
3,492
3,331
20,393
22,685
23,935
30,741
35,016
35,913
36,598
38,604
41,224
44,012
Federal.,
General government
Civilian
Military'
Government enterprises ..
11232
9.556
4,681
4,875
1,676
12,536
10.679
5.078
5,601
1.857
13,030
11.095
5.401
5,694
1,935
18.722
16,582
7.161
9.421
2.140
21,708
19,275
8,036
11239
2,433
21,441
19,075
7,952
11,123
2.366
20,713
18,346
7.495
10.851
2,367
21,493
18.958
8.133
10,825
2,535
22293
19,604
10,783
2,689
23.086
20227
9261
10.966
2,859
State and local
General government .......
Education
Other
Government enterprises..
9.161
8,521
10.149
9,442
10.905
10,145
12,019
11.160
640
707
760
859
13,308
12.252
5.574
6,678
1.056
14.472
13,334
6.096
7238
1,138
15,885
14.698
6,797
7,901
1.187
17,111
15,837
7.402
8.435
1274
18.931
17,621
8.320
9.301
1.310
20,926
19,558
9.373
10.185
1.368
86
58
78
'14
-70
-82
-78
5.603
115.320
5.933
113.069
6.455
124.823
6,924
143.983
9.117
179.475
9.863
195.123
204.762
Government .
Rest of the world .
-7
-57
8.821
Receipts from the rest of the world
Less: Payments to the rest of the world .
Addenda:
Households and institutions .
Nonfarm business
1. Includes Coast Guard.
Digitized for
FRASER
NOTE.—Estimates in part A of this table are based on the 1942 Standard Industrial Classification (SIC): and estimates
in part B, including 1948, are based on the 1972 SIC.
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
7246
154,706
7,803
167,469
8,117
165.657
10.579
Table 6.3A.—Wages and Salaries by Industry: 1929-48
[Millions of dollars]
Line
Wages and salaries
1929
1930
1931
1932
1933
1934
1935
1937
1936
1938
1
50,460
46,214
39,157
30,514
29,027
33,734
36,722
41,954
46,139
43,013
Domestic industries
2
50,459
46,213
39,156
30,513
29,026
33,733
36,721
41,953
46,138
43,012
Private industries
3
4
45,498
41,034
33,872
25,521
27,636
30,194
34,058
38,614
34,754
1/414
1,286
1,017
752
23,863
691
751
860
950
1,099
1,079
5
6
1,300
114
914
103
669
83
617
74
679
72
775
85
868
82
Mining
7
1,515
1,177
109
1,327
993
683
686
911
969
1,133
988
111
1,305
979
100
1,101
Metal mining
Anthracite mining
Bituminous and other soft coal mining
Crude petroleum and natural gas
Nonmetallic mining and quarrying
Contract construction
Manufacturing
8
9
10
11
12
200
261
609
321
124
166
252
506
293
110
102
205
380
223
83
53
151
259
168
52
68
159
388
240
56
88
140
424
257
60
127
138
504
287
77
194
136
550
333
92
138
117
437
333
76
Agriculture, forestry, and fisheries
Farms
Agricultural services, forestry, and fisheries ....
Durable goods
Lumber and basic timber 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
Electric and electronic equipment
Motor vehicles and equipment
Other transportation equipment
Miscellaneous manufacturing, including
instruments and miscellaneous plastic
products.
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 products
Leather and leather products
Transportation and public utilities
13
2,484
2,085
1,477
823
52
132
279
177
46
611
759
889
1,300
1,383
1259
14
16,092
13,850
7,827
9,643
10,829
12,410
14,571
11,837
8.538
708
611
618
2,117
6,935
542
486
526
1,791
10,810
4,864
306
384
384
1.208
7,678
15
16
17
18
19
3,069
177
251
238
717
3,145
199
251
227
804
4,201
253
274
285
1.069
4.982
300
325
329
1290
6,135
378
391
400
1,659
7,650
442
447
483
2.095
5.575
374
377
404
1,394
20
21
22
23
24
25
541
1,396
859
979
262
447
418
1,173
713
633
254
399
323
774
485
512
167
321
206
489
286
369
117
219
206
494
302
351
93
218
266
679
409
569
133
264
318
822
461
691
145
301
377
1,029
569
787
205
340
467
1.339
745
970
276
386
359
960
539
600
224
344
26
27
28
29
30
31
32
33
34
35
36
7,554
1,565
142
1,458
1,051
430
1,236
664
236
281
491
6,915
1,519
131
1200
913
412
1,241
621
238
222
418
5.946
1,326
109
1,065
781
351
1,065
529
190
167
363
4,609
1.096
85
768
558
273
837
413
157
131
291
4.682
1,131
74
896
569
279
718
421
149
141
304
5.442
1,325
84
1.006
690
332
809
495
174
176
351
5,847
1,386
84
1,108
780
357
866
525
192
182
367
6275
1,492
89
1,159
840
394
943
572
202
209
375
6.921
1,652
98
1255
864
456
1,040
672
242
235
407
37
6,239
4,719
3.226
655
327
213
5
48
245
5,780
4,939
3,847
3,514
3,799
4,077
4,531
4,987
6262
1.552
94
1.011
806
409
981
621
244
185
359
4,622
4237
2,849
614
316
193
9
42
214
3,531
2.334
534
289
166
13
38
157
2.655
1.688
429
257
135
14
29
104
2.455
1,560
368
252
143
14
29
89
2.660
1.689
385
280
153
14
34
105
2.884
1.831
400
321
161
17
36
118
3237
2,058
427
356
195
22
40
139
3,549
2219
453
407
232
26
47
165
3,179
1.962
428
393
174
29
45
148
532
507
25
607
583
24
545
518
27
592
558
34
667
625
42
678
632
46
648
623
25
2,366
702
675
27
765
740
25
2,560
771
745
26
2,888
2,878
4,265
4,674
5,287
5,131
2,058
2,236
2,406
2,323
522
250
215
547
253
233
555
191
208
671
203
375
728
217
428
731
220
418
Transportation
Railroad transportation
Local and interurban passenger transit.
Trucking and warehousing
Water transportation
Transportation by air
Pipelines, except natural gas
Transportation services
38
39
40
41
42
43
44
45
Communication .
Telephone and telegraph
Radio and television broadcasting
46
47
48
49
50
51
750
740
10
754
739
15
680
659
21
574
550
24
498
477
21
770
739
31
789
758
31
728
699
29
617
592
25
561
539
22
Wholesale trade
52
3,379
3,204
1,883
53
5,507
3,773
3,407
2,180
3,939
Finance, insurance, and real estate
54
5,940
2,918
2,742
4,842
2,138
Retail trade and automobile services
2,742
2,467
2,092
1,896
1,988
Electric, gas, and sanitary services
Utilities: electric and gas
Local utilities and public services, n.e.c
Banking
Security and commodity brokers, and services .
Credit agencies (other than banks) and holding
and other investment companies.
Insurance carriers
Insurance agents and brokers, and services ....
Real estate
Services
Hotels and other lodging places
Personal services
Commercial and trade schools and employment
agencies.
Business services
Miscellaneous repair services
Motion pictures
Amusement and recreation services
Health sen/ices
Legal services
Educational services, n.e.c
Membership organizations
Miscellaneous professional services
Private households
Government
Federal
General government
Civilian, except work relief
Military1
Work relief
Government enterprises
State and local
General government
Public education
Nonschool. except work relief.,
Work relief
Government enterprises
Rest of the world
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
55
56
57
758
406
242
716
319
234
649
285
212
565
234
186
485
244
170
502
233
176
507
205
190
58
59
60
812
237
463
819
229
425
768
208
365
639
185
283
597
178
302
635
188
333
61
62
63
64
5,517
425
752
33
5,253
407
727
32
4,585
341
643
26
3,735
256
523
18
572
164
261
3,348
217
456
15
3,666
270
497
17
3,881
287
526
21
4,264
313
576
25
4,688
351
633
29
4324
353
611
27
357
107
308
322
397
124
294
601
81
1,716
369
104
311
298
405
131
303
608
75
1.483
309
96
305
255
385
132
307
585
55
1,146
260
82
239
190
345
126
298
527
36
835
243
72
225
160
316
118
277
483
34
732
294
75
249
175
323
116
275
488
37
850
385
83
311
202
387
126
288
501
51
1.016
401
88
349
231
430
133
304
497
55
1.187
395
90
332
207
464
135
318
505
63
1.023
75
4,961
5,179
5284
4,992
5,163
6,097
324
80
280
179
348
121
279
485
40
911
6,527
7,895
7,524
8258
76
77
78
79
80
81
82
83
84
85
86
87
1.417
848
516
332
1.457
885
548
337
1.462
892
561
331
1.380
848
529
319
559
3,544
3,368
1.563
1,805
176
572
3,722
3.537
1.615
1.918
4
185
570
3,822
3.633
1.639
1.953
46
184
532
3.612
3,453
1.552
1.809
92
159
1.610
1,137
492
289
356
473
3,553
3.409
1.409
1.659
341
144
2,195
1.667
613
290
764
528
3.902
3.751
1.370
1.701
680
151
2.329
1.731
790
330
611
598
4,198
4,036
1,438
1,807
791
162
4.167
3.526
988
364
2,174
641
3,728
3.551
1.507
1.970
74
177
3.599
2.953
929
386
1,638
646
3.925
3.733
1.593
2.092
48
192
4,102
3.439
929
400
2.110
663
4.156
3.959
1.681
2.270
8
197
1
1
1
1
1
1
1
1
1
1
65
66
67
68
69
70
71
72
73
74
88
'
•
Table 6.3A.—Wages and Salaries by Industry: 1929-48—Continued
[Millions of dollars]
Line
1939
1941
1940
1946
1945
1944
1943
1942
1947
82,098
105,786
116,749
117,493
112,005
123,097
45,983
49,860
49,857
62,085
Domestic Industries
62,079
82,088
105,802
116,800
117,557
112,045
123,028
Private industries
37,742
41393
51,889
66,112
79,185
83,832
82,655
91345
105,515
1,090
1,132
1,364
1,779
2,187
2,392
2,503
2,766
3,046
988
102
1,029
103
1,287
1,249
115
1,631
148
2,027
160
2,202
190
2299
204
2,532
234
2.783
263
1,540
1,769
1383
2,197
2,173
2,368
2,904
190
118
542
336
101
232
135
678
363
132
270
156
823
355
165
308
178
918
407
172
263
202
1,052
515
165
227
196
1,020
569
161
232
237
1,065
623
211
295
250
1.378
729
252
Wages and salaries ..
Agriculture, forestry, and fisheries .
Farms .
Agricultural services, forestry, and fisheries .
Mining
45,985
1,137
156
124
456
315
86
1,546
1,709
2,900
4,670
3,919
2,888
2,951
4,412
5,833
13,585
15384
21,714
30,922
40,883
42,913
38229
36,476
42,461
6.818
412
437
466
1,789
8,418
467
470
514
2,187
12,875
625
600
673
3,156
20,276
763
672
772
4,475
28,605
846
734
836
6,488
29,746
874
768
839
6,740
24,406
848
799
857
5,784
20244
1,048
1,063
1.128
4.502
24,017
1,346
1,322
1.343
5.702
432
1,111
637
823
310
401
523
1,436
768
1,050
531
472
748
2,331
1,165
1,469
1,458
650
1,028
3,585
1,731
1,656
4,713
881
1,311
4,162
2,367
968
9,753
1,140
1,340
4,180
2,673
1,058
10,121
1,153
1,250
3,900
2,390
914
6,490
1,174
1,353
3,987
2215
1,877
1,762
1,309
1,430
4317
2,669
2,354
1,610
1,424
6,767
1,612
98
1,167
926
444
991
667
250
226
386
4,898
7,166
1,694
104
1206
938
490
1,002
808
295
247
382
8.839
1318
115
1,603
1209
622
1,076
1,098
355
336
507
10,646
2285
119
1,923
1,436
703
1,094
1,662
441
400
583
12278
2339
146
2,055
1,711
816
1,186
2,026
522
555
622
13,167
2,946
158
2,046
1376
879
1,307
2,060
600
645
650
13,823
3,105
171
2,113
1,984
932
1,466
2,072
641
637
702
16232
3,578
185
2.700
2,448
1,138
1,912
1,949
697
749
876
5,182
5,936
7,039
8,445
10,122
11,403
3,429
2,091
433
441
218
34
43
169
3,639
2211
421
498
234
43
45
187
4,255
2,609
451
613
267
55
50
210
5,261
3291
585
738
292
77
57
221
6,559
3,966
757
848
471
113
68
336
9341
7,547
4.386
848
926
743
130
79
435
18.444
4,080
195
3,103
2.625
1,346
2263
2251
810
832
939
12,364
7,913
4,414
919
1,013
885
150
81
451
8379
4,769
1,160
1,211
683
232
88
436
9,083
4,955
1,226
1,412
607
267
105
511
Communication
Telephone and telegraph
Radio and television broadcasting
695
643
52
719
660
59
802
735
67
885
813
72
1,002
920
82
1,089
989
100
1239
1,123
116
1,622
1,479
143
1,825
1,658
167
Electric, gas. and sanitary services
Utilities: electric and gas .
Local utilities and public services, n.e.c
774
747
27
824
795
29
879
849
30
893
861
32
884
852
32
905
871
34
970
932
38
1,202
1,157
45
1,456
1,405
51
Metal mining
Anthracite mining
Bituminous and other soft coal mining .
Crude petroleum and natural gas
Nonmetallic mining and quarrying
Contract construction
Manufacturing
Durable goods
Lumber and basic timber products
Furniture and finished lumber products
Stone, clay, and gtass products
Iron and steel and their products, including
ordnance.
Nonferrous metals and their products
Machinery, except electrical...
Electric and electronic equipment
Motor vehicles and equipment
Other transportation equipment
Miscellaneous manufacturing, including
instruments and miscellaneous plastic
products.
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 products
Leather and leather products
Transportation and public utilities
Transportation
Railroad transportation
Local and interurban passenger transit
Trucking and warehousing
Water transportation
Transportation by air
Pipelines, except natural gas
Transportation services
Wholesale trade
3,015
3228
3,793
4,042
4232
4,604
5,138
6,691
7,982
Retail trade and automobile services
5,371
5,792
6,591
6,929
7,661
8367
9,527
12,869
14,872
Finance, insurance, and real estate
2^79
2,453
2398
2,713
2,835
2,988
3,269
4,097
4,497
567
174
206
581
165
222
611
152
246
660
126
247
700
150
224
758
163
219
826
222
236
991
277
302
1,122
231
348
756
224
452
761
223
481
831
237
521
875
259
546
903
275
583
933
289
626
1.006
314
665
1,261
418
848
1,442
453
901
4,721
361
617
26
5,026
387
689
26
5,453
414
772
44
6,249
443
897
87
7,040
523
1,046
126
7,942
611
1,148
95
8,743
672
1275
54
10,263
806
1,589
63
11,556
877
1,707
90
415
93
339
221
474
139
327
507
73
1,129
425
90
339
238
509
142
336
549
78
1218
474
121
371
261
554
148
349
589
119
1,237
489
142
410
271
636
147
379
664
207
1,477
534
206
459
282
738
148
423
764
193
1,598
628
235
509
326
839
157
456
860
191
1,887
723
236
552
372
926
167
484
925
215
2,142
927
296
679
509
1,125
181
564
1,135
269
2,120
1.061
345
694
551
1,397
205
712
1,244
325
2,348
8,241
8,464
10,190
15,976
26,617
32,968
34,902
20,700
17,513
4,021
3,339
1,032
432
1,875
682
4.220
4,018
1,717
2291
10
202
4,110
3,402
1216
607
1379
708
4.354
4.119
1,772
2.337
10
235
5,709
4,943
1,860
1370
1,213
766
4,481
4207
1326
2,375
6
274
11,411
10,536
3,788
6,168
580
875
4365
4.273
1,883
2.388
2
292
21,839
20,744
6,561
14,133
50
1.095
4.778
4,446
1.973
2.473
27,920
26,779
6.746
20333
29,417
28223
6,404
21,819
14,371
12,938
5,105
7333
9,988
8,579
4,408
4,171
1,141
5.048
4,712
2,104
2.608
1,194
5,485
5,129
2.303
2.826
1,433
6,329
5.928
2.584
3,344
1.409
7,525
7.031
3.084
3.947
332
336
356
401
494
2
3
6
10
-16
-51
-64
-40
69
Banking
Security and commodity brokers, and services .
Credit agencies (other than banks) and holding
and other investment companies.
Insurance carriers
Insurance agents and brokers, and services .
Real estate
Services
Hotels and other lodging places
Personal services
Commercial and trade schools and employment
agencies.
Business services
Miscellaneous repair services
Motion pictures
Amusement and recreation services .
Health services
Legal services .
Educational services, n.e.c
Membership organizations
Miscellaneous professional services .
Private households
Government
Federal
General government
Civilian, except work relief
Military1
Work relief
Government enterprises
State and local .
General government
Public education
Nonschool, except work relief.
Work relief
Government enterprises
Rest of the world
n.e.c. Not elsewhere classified,
1. Includes Coast Guard.
2. Included in anthracite mining (line 9).
3. Included in lumber and basic timber products (line 16).
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
4. Included with iron and steel and their products, including ordnance (line 19).
5. Included with educational services, n.e.c. (line 71).
,
Note.—Estimates in part A of this table are based on the 1942 Standard Industrial Classification (SIC); ana e
mates in part B, including 1948. are based on the 1972 SIC.
Table 6.3B.—Wages and Salaries by Industry: 1948-58
[Millions of dollars]
Line
Wages and salaries .
1948
1949
135,537
1950
1951
1952
134,719
147238
171,591
1953
1954
185,619
198,970
1955
1957
1956
1958
197,242
212,129
229,002
239,926
241290
Domestic Industries
135,451
134,661
185,617
198,977
197299
212,199
229,084
240,004
241,362
116,444
113,848
147,160
124,542
171,577
Private Industries
142,364
152,256
164,658
162,415
175,625
190,306
199,016
197267
Agriculture, forestry, and fisheries .
Farms .
Agricultural services, forestry, and fisheries .
3,304
2,990
314
3,127
2,806
321
3,165
2,811
354
3,310
2,910
400
3281
2,846
435
3,176
2,724
452
3,056
2,579
477
3,029
2,557
472
3,067
2,566
501
3,164
£658
506
3,301
2.770
531
Mining .
Metal mining .
Coal mining ..
Oil and gas extraction ,
Nonmetallic minerals, except fuels .
3,372
334
1,806
949
283
2,967
323
1,388
964
292
3,202
348
1,522
1,007
325
3,644
421
1.659
1,181
383
3,717
473
1,476
1,350
418
3,814
530
1,389
1,442
453
3,495
475
1,057
1,502
461
3,767
531
1,113
1.620
503
4,213
602
1268
1,774
569
4,361
620
1297
1.865
579
3,897
504
1,034
1,777
582
Construction
7,252
7,085
8,143
10,069
10,962
11,507
14,019
14,341
14549
47,145
44,638
50,316
59,357
64,182
71253
11,707
67,574
12,596
Manufacturing
73,889
79,489
82^15
78,719
Durable goods.,
Lumber and wood products ,
Furniture and fixtures .
Stone, clay, and glass products .
Primary metal industries
Fabricated metal products.
Machinery, except electrical
Electric and electronic equipment.
Motor vehicles and equipment......
Other transportation equipment ....
Instruments and related products .
Miscellaneous manufacturing industries .
26,385
1,945
926
1,630
4,190
3,557
4,770
3,083
2,560
1,700
856
1,168
24281
1,733
881
1,559
3,692
3,311
4,146
2,744
2,656
1,652
819
1,088
28,163
2,056
1,082
1,786
4,378
3,911
4,589
3.271
3,221
1,696
965
1208
38,746
2,363
1,213
2,096
5,369
5,182
6,964
4,671
3,642
4,457
1,458
1,331
44,031
2,370
1,286
2293
6,143
5,930
7,445
5,447
4,526
5,422
1,674
1,495
40,462
2246
1218
2258
5.391
5.474
'6,764
5.034
3.958
5,048
1,626
1,445
44,941
2,514
1,377
2,533
6,554
6,035
7,217
5,499
4,870
5,100
1.730
1,512
48.637
2.613
1,464
2,735
7.109
6.506
8,316
6,151
4,383
5,791
1,951
1,618
50,672
2,397
1,496
2.788
7,409
6,871
8,584
6.552
4,427
6,417
2,116
1,615
47.047
2.342
1,448
2.760
6.459
6282
7,580
6.403
3.780
6.309
2.097
1,587
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 miscellaneous plastics products
Leather and leather products
20,760
5,118
202
3,426
2,924
1,501
2,519
2,142
912
1,035
981
20,357
5207
214
3,048
2,809
1,465
2,653
2,126
919
976
940
22,153
5,499
224
3,460
3,006
1.686
2,814
2.343
961
1,152
1,008
35.104
2,358
1,139
2.108
5,354
4,741
6261
4,063
3,563
2,964
1,257
1296
24253
6,052
259
3,581
3,126
1,923
3,033
2,838
1,088
1,332
1,021
25,436
6,376
277
3,461
3,253
2,004
3251
3,094
1,176
1,442
1,102
27222
6,769
292
3,490
3,449
2,224
3,530
3,475
1257
1.595
1,141
27,112
6,936
303
3,129
3,326
2292
3,703
3,556
1271
1,498
1,098
28,948
7,249
314
3,327
3,517
2.499
3,942
3,815
1,329
1,771
1,185
31,843
7,921
337
3282
3,770
2,812
4.471
4,540
1,491
1,960
1259
31,672
7,986
342
3,118
3,670
2.868
4.565
4.573
1,462
1.869
1.219
13,587
13,385
14,081
15,977
16,961
18,004
17,679
18,757
30,852
7,709
329
3.391
3,733
2.712
4246
4232
1,409
1,852
1239
20274
21,248
20,820
Transportation
Railroad transportation
Local and interurban passenger transit.
Trucking and warehousing
Water transportation
Transportation by air .
Pipelines, except natural gas.
Transportation services
9,783
5,422
1,203
1,617
880
319
123
219
9,349
4,995
1,180
1,689
800
331
121
233
9.863
5,187
1,164
1,994
832
350
117
219
11,321
5,962
1221
2,295
1,024
419
132
268
11,833
5,995
1254
2,534
1,094
512
147
297
12.378
6,004
1276
2,878
1.194
568
148
310
11,772
5,476
1229
2.919
1,091
600
147
310
12,476
5,622
1222
3299
1,184
677
148
326
13,460
6,015
1240
3,620
1,272
799
158
356
14,027
6,050
1,277
3,820
1,410
930
166
374
13,410
5.556
1248
3,868
1223
983
162
370
Communications
Telephone and telegraph
Radio and television
2,120
1,921
199
2,222
2,003
219
2280
2,031
249
2,532
2,241
291
2,815
2,490
325
3,109
2,742
367
3,270
2,853
417
3,519
3,069
450
3,857
3,361
496
4,095
3568
527
4,073
3,516
557
Transportation and public utilities
Electric, gas, and sanitary services
Wholesale trade
Retail trade
Finance, insurance, and real estate .
Banking
Credit agencies other than banks .
Security and commodity brokers ...
Insurance carriers .
Insurance agents, brokers, and service .
Real estate .
Holding and other investment offices
...
Services .
Hotels and other lodging places
Personal services
Business services .
Auto repair, services, and parking
Miscellaneous repair services
Motion pictures .
Amusement and recreation services
Health services
Legal services
Educational services
Social services and membership organizations .
Social services
Membership organizations
Miscellaneous professional services .
Private households
„IL.
Government
Federal.
General government .
Civilian
Military1
Government enterprises..
State and local
General government
Education
Other .
Government enterprises
Rest of the world
Receipts from the rest of the world
Less: Payments to the rest of the world ....
1,684
1,814
1.938
2,124
2,313
2,517
2,637
2,760
2,957
3,126
9,303
9,155
9,739
10,937
11,509
12,226
12,532
13,344
14,801
15566
3,337
15,973
14,682
15,069
16,111
17,479
18,454
19,673
22,880
23,934
24285
5,147
1,298
351
244
1,755
373
1,059
67
5,683
1,399
401
314
1,914
411
1.180
64
6241
1,556
456
342
2,102
469
1.247
69
6,756
1.716
522
342
2.310
511
1272
83
7,365
1,873
587
353
2,568
565
1.334
85
20,083
7,980
1,999
656
447
2,740
615
1,430
93
21462
4,921
1,228
320
248
1,620
344
1,095
66
8,662
2,140
747
547
2,892
655
1,579
102
9,454
2,341
848
562
3,150
728
1,710
115
10,091
2,526
930
571
3.458
786
1.695
125
10,750
2,704
986
660
3,692
851
1,716
141
12,878
918
1,778
1,051
562
356
655
594
1,505
224
609
1,478
126
1,352
587
2,361
13,275
922
1,787
1,083
531
318
660
601
1,637
240
858
1,688
164
1,524
597
2,353
14,102
932
1.837
1201
521
302
658
607
1,851
270
899
1,816
199
1,617
639
2,569
15,350
996
1,959
1,385
547
379
680
631
2,086
301
934
1,981
236
1,745
823
2,648
16,434
1.065
2,059
1,571
582
415
697
665
2,318
336
965
2,123
272
1,851
1.037
2.601
17,640
1,125
2.159
1,766
614
415
689
716
2,573
376
1.021
2,346
314
2,032
1,163
2,677
20,119
1.196
2,315
2,128
657
413
775
815
3,087
440
1,180
2,735
397
2,338
1250
3.028
22,109
1263
2,466
2,496
727
475
789
869
3,322
485
1,307
2.946
443
2,503
1.722
3.242
23,796
1.353
2,574
2.793
793
517
783
930
3,689
519
1.450
3,198
492
2.706
1,900
3297
25,173
1,367
2,611
3,010
839
500
746
1,025
4,095
561
1,577
3.467
548
2519
1,898
3.477
19,007
20,813
22,618
33,361
34,319
36,574
38,778
40,988
44,095
10230
8,618
4,487
4,131
1,612
11,110
9,325
4,863
4,462
1,785
12,250
10,400
5,147
5,253
1.850
29213
17,864
15.810
6.878
8.932
2,054
18,309
1,145
2217
1,897
615
360
723
757
2,810
404
1.090
2,533
354
2,179
1,187
2,551
34,884
20,823
18,474
7,744
10,730
2,349
20,698
18,389
7,765
10,624
2,309
20,020
17,679
7,407
10272
2,341
20,582
18,113
7,932
10,181
2,469
21.162
18,601
8,431
10,170
2,561
21594
18,916
8,713
10203
2,678
22,732
19,771
9,431
10,340
2,961
8,777
8,144
3,599
4,545
633
9,703
9,005
3,983
5,022
698
10,368
9,619
4292
5,327
749
11,349
10,504
4,740
5.764
845
12,538
11,500
5,244
6,256
1,038
13,621
12,513
5,739
6,774
1,108
14,864
13,714
6,361
7,353
1,150
15,992
14,766
6,909
7,857
1226
17,616
16.354
7,734
8,620
1,262
19.394
18,080
8,692
9,388
1,314
21,363
19,937
9.719
10218
1,426
58
78
14
2
-7
-57
-70
-82
-78
-72
86
*
1. Includes Coast Guard.
Note.—Estimates in part A of this table are based on the 1942 Standard Industrial Classification (SIC); and £
mates in pan B, including 1948, are based on the 1972 SIC.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
6.4A.—Full-Time and Part-Time Employees by Industry: 192&-48
(TTiousandsl
Une
1934
1933
1932
1931
1930
1929
1936
1935
1937
1
37,752
35,645
32,779
29,500
35,632
38,655
39,758
2
37,752
35,645
32,778
29,499
30,993
30,992
34291
Domestic Industries
34,290
35,631
38,654
39,757
Private industries
3
34,088
31,811
28,590
25,071
25,038
27,417
28,426
30548
32,508
4
3,556
3,337
3,252
3,028
2,995
2^86
3,013
3,106
3,083
5
6
3,403
153
3,190
147
3,103
149
2,894
134
2,865
130
2,862
124
2,878
135
2,981
125
2,924
159
7
993
932
813
672
693
822
840
897
955
8
9
10
11
12
124
151
471
159
88
79
128
418
118
70
50
104
358
105
55
50
92
373
124
54
60
106
431
163
62
71
99
443
165
62
92
98
457
180
70
119
98
470
192
76
13
14
1,484
107
144
452
148
81
1,366
703
806
866
1,104
1,082
9,309
1,198
7,895
907
10,428
6,678
7,204
8364
8304
9,645
10391
15
5,238
4,457
3,497
2,724
2,893
3,587
3.941
4,460
5,130
16
17
18
19
604
437
397
1,217
469
371
345
1,092
303
321
277
857
225
261
204
687
270
279
212
749
320
289
262
917
360
329
281
996
415
364
317
1,147
459
398
356
1,317
20
21
22
23
24
25
325
764
519
540
150
285
269
671
430
403
147
260
222
509
332
352
105
219
175
373
242
299
80
178
182
392
251
300
71
187
220
505
319
433
101
221
249
577
338
464
105
242
277
664
385
492
137
262
313
791
461
580
171
284
26
27
28
29
30
31
32
33
34
35
36
5,190
1,041
145
1262
772
284
615
397
128
176
370
4,852
1,020
133
1,095
722
277
617
377
125
142
344
4,398
914
120
1,025
672
250
548
329
105
120
315
4,311
939
102
1,081
632
244
449
321
99
124
320
4,777
1,085
112
1,139
699
280
492
369
115
141
345
4,963
1,106
108
1.196
768
289
510
379
121
134
352
5,185
1,157
109
1218
829
300
554
393
124
142
359
5,461
1223
111
1263
843
325
604
431
132
154
375
37
38
39
40
41
42
43
44
45
3,989
2,958
1,845
413
303
176
2
25
194
3,742
2,711
1,659
389
299
167
4
24
169
3,282
2,352
1,405
359
282
152
5
21
128
3,954
841
108
907
593
226
481
291
97
110
300
2,826
1,998
1,155
326
263
137
6
17
94
2,684
1,899
1,084
303
258
141
6
20
87
2,774
1,974
1,122
295
278
152
6
22
99
2,808
2,004
1,113
296
305
155
8
23
104
2373
2,121
1,194
300
322
149
10
25
121
3,140
2240
1251
303
346
158
12
26
144
Communication
Telephone and telegraph
Radio and television broadcasting
46
47
48
538
534
4
530
524
6
467
459
8
421
412
9
392
383
9
391
379
12
390
376
14
410
393
17
442
422
20
Electric, gas, and sanitary services
Utilities: electric and gas .
Local utilities and public services, n.e.c. .
49
50
51
493
465
28
501
473
28
463
437
26
407
384
23
393
371
22
409
386
23
414
392
22
442
418
24
458
437
21
Full-time and part-time employees .
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
Durable goods
Lumber and basic timber 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
Electric and electronic equipment
Motor vehicles and equipment
Other transportation equipment .
Miscellaneous manufacturing, including
instruments and miscellaneous plastic
products.
Nondurable goods....
Food and kindred products .
Tobacco manufactures
Textile milt products
Apparel and other textile products
Paper and allied products
Printing and publishing
Chemicals and allied products
Petroleum and coal products
Rubber products
Leather and leather products
Transportation and public utilities ....
Transportation
Railroad transportation
Local and interurban passenger transit.
Trucking and warehousing
Water transportation
Transportation by air .
Pipelines, except natural gas
Transportation services
Wholesale trade
52
1,757
1,693
1,530
1,380
1,377
1,492
1307
Retail trade and automobile services
53
54
4,684
4,469
4,148
3,688
3,699
4,075
4,200
1,612
4,543
4,904
1*520
1,491
1,423
1,358
1,309
1332
1,352
1,401
1,445
Banking
Security and commodity brokers, and services ,
Credit agencies (other than banks) and holding
and other investment companies.
Insurance carriers ..
Insurance agents and brokers, and services ....
Real estate
55
56
57
387
156
153
377
126
151
347
107
143
313
97
135
281
109
128
286
101
126
279
89
129
278
103
135
287
101
138
58
59
60
367
145
312
376
148
313
369
144
313
372
136
347
376
138
371
392
139
388
61
62
63
64
5,677
398
661
24
5,472
384
649
22
5,049
344
607
18
348
136
307
4,374
281
553
14
355
137
327
Services
Hotels and other lodging places .
Personal services
Commercial and trade schools and employment
agencies.
Business services
Miscellaneous repair services
Motion pictures
Amusement and recreation services
Health services
Legal services
Educational services, n.e.c
Membership organizations
Miscellaneous professional services .
Private households
363
142
308
4,534
296
564
15
4,766
331
590
15
4336
346
618
17
5267
370
658
20
5,538
397
694
22
65
66
67
68
69
70
71
72
73
74
189
76
158
313
429
98
224
453
2,619
35
185
74
160
290
434
103
228
460
2,446
37
164
73
156
261
419
108
232
450
2,188
29
169
72
135
205
399
109
233
442
1,874
21
207
72
147
193
403
109
234
438
2,004
23
207
72
159
190
420
113
240
434
2,095
25
241
72
178
205
455
114
244
441
2240
29
246
73
193
224
491
118
251
424
2,374
31
75
3,664
3,834
4,188
4,428
176
72
133
183
390
110
233
432
1,776
21
5,954
6373
7,205
8,106
7249
76
77
78
79
80
81
82
83
84
85
86
87
981
644
267
377
1,034
695
310
385
1,019
683
296
387
1,006
673
290
383
337
2,683
2,562
1,120
1,442
121
339
2,800
2,673
1,150
1,503
20
127
336
3,169
3,039
1,160
1.580
299
130
333
3,422
3,304
1.148
1,564
592
118
1,470
1.135
294
370
471
335
4,484
4,370
1.122
1.524
1,724
114
2227
1,868
357
371
1,140
359
4.646
4,526
1.122
1570
1,834
120
2209
1335
449
396
990
374
4,996
4,870
1.152
1,621
2,097
126
4.993
4,612
521
438
3653
'381
3,113
2,978
1.174
1.713
91
135
4,085
3,698
517
474
2,707
387
3,164
3.024
1206
1.762
56
140
0
0
1
1
1
1
1
1
1
Finance, insurance, and real estate .
Government
Federal
General government
Civilian, except work relief .
Military1
Work relief .
Government enterprises .
State and local
General government
Public education ,
Nonschool. except work relief.,
Work relief .
Government enterprises .
Rest of the world
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
88
1,770
Table 6.4A.—Full-Time and Part-Time Employees by Industry: 1929-4&-Continued
[Thousands!
Line
Full-time and part-time employees .
Domestic industries
Private 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
1939
1940
1941
1942
39,693
41,497
45,848
50,282
56,058
57,284
55,612
49,710
50,008
51,407
41,495
45,845
50,277
56,079
57,339
55,678
49,757
50,013
51,400
43,431
3
31,612
33,518
37,210
39,728
40,723
39,749
38,183
40,379
42,458
4
2,859
2,809
2,779
2,692
2,563
2,372
2,259
2543
2,427
2498
5
6
2,727
132
2,679
130
2.652
127
2,555
137
2.436
127
2,231
141
2,119
140
2,189
154
2267
160
2,337
161
7
832
927
975
985
917
879
829
871
933
981
8
9
10
11
12
103
88
381
187
73
118
91
439
196
83
131
92
452
204
96
132
89
480
183
101
132
84
434
177
90
107
80
415
198
79
89
73
388
206
73
88
82
391
221
89
98
80
429
231
95
100
533
3
1,219
1,285
1,774
14
9,967
10,$$2
13,137
15
4,609
5,367
6,999
16
17
18
19
431
384
343
1,155
500
406
369
1,331
609
460
433
1,641
20
21
22
23
24
25
284
661
398
467
186
300
328
792
455
543
301
342
26
27
28
29
30
31
32
33
34
35
36
5.358
1,175
107
1,215
903
314
577
414
135
146
372
37
38
39
40
41
42
43
44
45
Communication
Telephone and telegraph
Radio and television broadcasting
Electric, gas, and sanitary services
Utilities: electric and gas
Local utilities and public services, n.e.c
1,566
1,110
1,135
1,739
2,062
2,278
17,050
15,186
14493
15,205
15,276
8,846
10,924
10.722
8,933
7,742
8.330
8.309
633
444
436
1.960
585
421
413
2,460
559
406
386
2.424
524
402
381
2,072
578
486
474
1,670
658
552
503
1562
1228
J
410
1,087
607
655
675
422
461
1.363
757
575
1,749
468
508
1,457
960
325
3271
524
492
1.405
1,037
341
3.175
497
457
1.331
925
308
2.044
489
498
1,393
847
667
593
536
482
1548
928
749
512
536
1.560
887
766
J
5,515
1,223
104
1,223
918
336
568
469
151
156
367
6,138
1,303
103
1,383
1,043
378
581
580
168
189
410
6.438
1,385
96
1,388
1,079
380
555
780
183
189
403
6,478
1,405
102
1.321
1,073
393
550
849
186
224
375
6253
1,431
102
1,163
1,021
394
569
776
207
234
356
6,751
1,500
104
1,313
1,117
449
668
705
219
265
411
6575
1,529
100
1,327
1,128
464
705
722
224
270
406
6,967
1,527
99
1,366
1.175
470
720
723
230
254
403
2,943
2,073
1,114
277
347
148
15
22
150
3,064
2,164
1,160
272
385
150
19
23
155
3,311
2,357
1.285
273
451
151
24
24
149
3,458
2,512
1.429
296
477
112
34
25
139
3,652
2,741
1,534
335
474
146
46
25
181
6,328
1,441
100
1217
1,049
390
550
790
197
239
355
3,822
2,932
1,616
348
469
216
47
26
210
3,926
3,012
1,628
357
477
260
53
25
212
4,113
3,009
1,564
406
528
210
82
27
192
4,173
2,994
1.543
410
553
170
82
28
208
4212
2,941
1,503
368
578
166
79
30
197
46
47
48
425
402
23
435
410
25
478
450
28
503
474
29
520
490
30
519
486
33
536
500
36
653
613
40
687
642
45
743
692
51
49
50
51
445
423
22
476
454
22
443
422
21
391
373
18
371
353
18
378
359
19
451
429
22
492
469
23
528
2,014
1,916
1,808
5,570
1,828
1,927
2266
2,480
2,573
5,623
1,531
5,529
5,717
6,769
7,061
7223
Wholesale trade
52
1,833
Retail trade and automobile services .
53
4,992
5,321
Banking ,
Security and commodity brokers, and services .
Credit agencies (other than banks) and holding
and other investment companies.
Insurance carriers
Insurance agents and brokers, and services .
Real estate
Services .
Hotels and other lodging places
Personal services
Commercial and trade schools and employment
agencies.
Business services
Miscellaneous repair services
Motion pictures
Amusement and recreation services .
Health services
Legal services ....
Educational services, n.e.c
Membership organizations
Miscellaneous professional services .
Private households
Government
Federal
General government
Civilian, except work relief
Military •
Work relief
Government enterprises
State and local .
General government
Public education
Nonschool, except work relief.
Work relief
Government enterprises
Rest of the world
2,131
15J84
()
523
3,345
(J)
()
n
54
1,470
1,518
5,754
1,559
1,475
1*447
1,477
1,692
1,744
55
56
57
290
76
117
298
71
124
311
61
135
321
50
125
330
47
101
338
47
92
345
52
95
376
64
112
394
61
121
1511
409
58
129
58
59
60
423
144
420
435
143
447
437
145
453
415
142
440
401
138
431
413
142
430
484
172
484
524
177
467
559
184
472
61
62
63
64
5,497
405
642
21
5,813
416
709
19
445
144
463
5,907
433
769
28
6,108
433
802
48
5,770
440
808
60
5,712
448
779
43
5,727
445
795
25
6573
491
912
30
6,373
489
915
37
6579
480
903
I5)
65
66
67
68
69
70
7t
72
73
74
265
74
191
215
522
126
265
419
2.315
37
265
72
192
230
549
126
271
469
2,454
41
281
79
204
250
580
128
276
514
2.312
53
272
82
215
253
614
122
282
538
2,369
78
260
95
226
238
655
114
288
539
1,984
63
273
100
237
242
665
105
292
565
1,904
59
292
102
238
244
661
100
296
571
1592
66
354
130
253
289
701
114
313
648
1,756
82
380
139
253
291
767
116
337
665
1,891
93
401
134
249
304
832
113
437
705
1.888
133
75
8,080
7,977
8,635
10,549
15,356
17,590
17495
9,378
7555
7,969
76
77
78
79
4,652
4227
642
793
2792
425
3,325
3,164
1254
1,872
38
161
5281
4,829
944
1,693
2,192
452
3.354
3,182
1,319
1,846
17
12,155
11,611
2,497
9.029
85
544
3201
3.028
1,319
1,709
14258
13,722
2,420
11.302
5,902
5294
1,822
3.472
3,808
3268
1.436
1.832
4,007
3,437
1,428
2.009
520
3,185
3,019
1.319
1,700
536
3237
3,071
1,337
1,734
608
3.476
3,303
1,414
1.889
540
3,747
3.553
1517
2.036
570
3.962
3.732
1.579
£153
172
7252
6,765
1,702
4,154
909
487
3297
3,126
1,327
1,794
5
171
14,405
13,885
2520
11,365
81
82
83
84
85
86
87
4,754
4 342
560
566
3 216
412
3,326
3,183
1,267
1.877
39
143
173
166
166
173
194
230
88
1
2
3
5
-21
-55
-66
-47
-5
7
n.e.c. Not elsewhere classified.
1. Includes Coast Guard.
2. Included in anthracite mining (line 9).
3. Included in lumber and basic timber products (line 16).
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
()
251
97
17,402
465
443
22
1,899
Finance, insurance, and real estate ....
1948
39,692
13
Transportation and public utilities
Transportation .
Railroad transportation
Local and interurban passenger transit.
Trucking and warehousing
Water transportation
Transportation by air
Pipelines, except natural gas
Transportation services .
1947
1
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 prodxts
Pet/oleum and coal products
Rubber products
Leather and leather products
1946
1945
2
Contract construction
Durable goods
Lumber and basic timber 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
Electric and electronic equipment
Motor vehicles and equipment
Other transportation equipment
Miscellaneous manufacturing, including
instruments and miscellaneous plastic
products.
1944
1943
4. Included with iron and steel and their products, including ordnance (line 19).
5. Included with educational services. n.e.c. (I"0® 71).
NOTE.—Estimates in part A of this table are based on the 1942 Standard industrial Classification (SIC); and estimates in part B. including 1948. are based on the 1972 SIC.
Table 6.4B.—Full-Time and Part-Time Employees by Industry: 1943-58
[Thousands]
Line
FulMime and part-time employees .
Domestic Industries
Private industries.
Agriculture, forestry, and fisheries .
Farms .
Agricultural services, forestry, and fisheries .
Metal mining
Coal mining
Oil and gas extraction
Nonmetallic minerals, except fuels .
1956
1955
1954
1953
1951
1950
1949
1948
57,484
59,184
60,955
57,611
59,322
61,097
51*407
50,437
52,506
56,499
57,790
51,400
50,452
52,510
56,554
57,858
43,431
41,857
43,626
46,112
46,668
47,873
46,400
48,036
49,573
2,505
2,418
2,499
2,418
2,277
2,301
2233
2,141
2,337
168
2,252
166
2,329
170
2,236
182
2,338
2,152
186
2,099
178
2,123
178
2,056
177
1,959
993
100
533
263
97
923
926
939
876
798
804
843
94
475
257
97
96
470
261
99
102
442
288
107
101
105
251
332
116
112
263
345
123
916
103
398
306
109
59,011
107
343
314
112
268
318
111
182
Construction....
2,324
2,212
2,448
2,727
2,763
2,743
2,729
2,879
3,025
Manufacturing .
15,521
14,429
15,241
16,453
16,752
17,587
16,395
16,965
17,327
Durable goods
Lumber and wood products
Furniture and fixtures
Stone, clay, and glass products .
Primary metal industries
Fabricated metal products .
Machinery, except electrical
Electric and electronic equipment
Motor vehicles and equipment
Other transportation equipment
Instruments and related products
Miscellaneous manufacturing industries .
8,343
862
334
556
1,231
1.085
1,384
975
757
472
271
416
7,508
755
311
518
1,085
984
1,190
840
735
459
248
383
8,121
824
359
551
1,188
1,086
1,218
964
801
454
272
404
9,144
878
351
589
1,300
1,196
1,474
1,089
841
700
321
405
9,466
821
353
569
1232
1,223
1,553
1,175
785
1,006
351
398
10,144
795
361
581
1.315
1,331
1,577
1,309
909
1,154
383
429
9,194
730
334
554
1,172
1210
1.424
1,178
775
1.046
363
408
9,617
774
360
586
1,277
1275
1,452
1,225
888
1.001
368
411
370
601
1,312
1,300
1,566
1,300
798
1,067
393
418
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 miscellaneous plastics products
Leather and leather products
7,178
1.783
99
1.329
1,196
470
720
633
220
322
406
6,921
1,767
101
1,192
1,177
453
726
601
215
298
391
7,120
1,780
97
1,256
1,203
485
741
621
217
323
397
7,309
1,825
105
1,239
1,212
510
764
694
229
349
382
7286
1,823
105
1,163
1.227
504
776
717
234
352
385
7,443
1.829
105
1.159
1,256
533
802
757
239
375
388
7201
1,807
104
1,049
1,196
534
816
743
236
345
371
7.348
1,808
102
1,060
1,232
551
838
761
236
377
383
7,433
1,828
Transportation and public utilities
Transportation
Railroad transportation
Local and interurban passenger transit.
Trucking and warehousing
Water transportation
Transportation by air .
Pipelines, except natural gas .
Transportation services
Communications
Telephone and telegraph .
Radio and television
Electric, gas, and sanitary services .
1.(
1238
570
865
792
235
386
381
4,212
4,026
4,064
4,267
4,279
4,326
4,120
4,182
4290
2,941
1,503
391
578
271
89
30
79
2,742
1,349
378
574
250
87
29
75
2,789
1,373
361
629
239
87
27
73
2,949
1,433
359
687
266
96
28
2,925
1,383
355
706
259
110
29
83
2,928
1,360
348
740
251
117
28
84
2.718
1206
329
726
232
119
27
79
2,758
1,197
311
772
242
129
81
2,8(
1,184
305
812
251
149
26
81
743
692
51
742
727
759
788
723
65
820
750
70
821
745
76
837
758
79
887
805
82
26
595
528
542
548
559
Wholesale trade
2,731
2,653
2,670
2,817
2,870
2,901
2,875
2,930
3,054
Retail trade
6,585
6,552
6,727
7,123
7,270
7,403
7,336
7,547
7,812
Finance, Insurance, and real estate
Banking
Credit agencies other than banks
Seci/ity and commodity brokers
Insurance carriers
insurance agents, brokers, and service .
Real estate
Holding and other investment offices
1,776
1,805
415
119
59
581
131
487
13
1,883
1,970
2,044
2,125
2,199
2,406
424
133
63
604
138
509
12
455
143
67
627
149
516
13
483
155
69
654
156
512
15
509
166
69
692
162
512
15
527
176
72
717
167
523
17
2,302
547
193
83
738
172
551
Services .
Hotels and other lodging places .
Personal services
Business services .
Auto repair, services, and parking .
Miscellaneous repair services
Motion pictures..
Amusement and recreation services
Health services
Legal services
Educational services
Social services and membership organizations .
Social services
Membership organizations
Miscellaneous professional services
Private households
6.784
7,168
7,635
7,647
461
883
355
208
118
249
297
927
123
436
800
7,398
474
901
386
203
130
248
293
994
129
439
834
7,436
478
903
338
236
134
249
304
825
113
409
727
6,839
464
881
339
221
121
250
299
856
115
424
774
485
900
419
496
898
455
205
128
236
293
1,101
136
461
180
1,888
174
1,921
180
2,131
2,155
243
2,046
Government.
Federal.
General government .
Civilian
Military1
Government enterprises.,
7,969
4,007
3,437
1.428
2.009
570
8,595
4,462
3,857
1,448
2,409
605
8,884
4,603
4,016
1,468
2,548
587
10,442
6.131
5,519
1.817
3,702
612
State and local ,
General government
Education
Other
Government enterprises..
3,962
3.732
1,579
2,153
230
4,133
3,894
1,660
2.234
239
4,281
4.029
1.718
2.311
252
Rest of the *
409
113
61
559
122
499
13
-15
1. Includes Coast Guard.
NOTE.—Estimates in part A of this table are based on the 1942 Standard Industrial Classification (SIC); and estimates in part B, including 1948, are based on the 1972 SIC.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
18
575
213
89
765
180
565
19
8,675
470
201
118
233
292
1,168
138
479
924
8,194
493
896
513
210
122
231
300
1236
140
506
978
2,070
262
. 1.985
284
2285
333
2,447
11,190
6.737
6,081
1,910
4,171
656
11,216
6.611
5.976
1,823
4.153
635
11,211
6,394
5,759
1,702
4,057
635
11,286
6234
5,601
1,711
3,890
633
11,524
4,311
4,051
1,768
2283
260
4,453
4,155
1,850
2,305
298
4,605
4,302
1,944
2,358
303
4,817
4,512
2,043
2.469
305
5.052
4,741
2,180
2.561
311
5.322
5,010
2,309
2,701
312
-55
-68
-78
-127
-138
-142
212
206
135
243
288
1.039
130
446
856
262
505
913
575
224
128
227
307
1,317
141
529
1,029
6202
5,563
1,738
3,825
639
Table 6.5A.—Full-Time Equivalent Employees by Industry: 1929-48
[Thousands]
Line
Full-time equivalent employees
1
1929
1930
1931
1932
1933
1934
1935
1936
1
35,338
33,249
30,186
26,746
27215
30,440
31,797
Domestic industries
2
35,338
33249
30,185
26,745
27214
30,439
31,796
Private Industries
3
32,134
29,909
26,763
23,361
23,321
25,687
26,742
1937
1938
34,933
34,932
36,193
34,499
36,192
30,634
34,498
28,314
2,557
2,445
2,330
115
4
2,952
2,770
2,698
2,512
2,466
2,482
2,501
28,758
2,579
5
6
2,825
127
2,648
122
2.402
110
2,378
108
2,376
106
2,389
112
2,475
104
Mining
Metal mining
Anthracite mining
Bituminous and other soft coal mining
Crude petroleum and natural gas
Nonmetallic mining and quarrying
Contract construction
7
8
9
10
11
12
932
107
144
452
148
81
1,366
1,198
672
50
104
358
105
55
907
693
50
92
373
124
54
13
993
124
151
471
159
88
1,484
2.576
122
813
79
128
418
118
70
840
71
99
443
165
62
866
897
92
98
457
180
70
1,104
Manufacturing
14
10,428
9,309
7,895
6,678
703
7204
822
60
106
431
163
62
806
2.427
130
955
119
98
470
192
76
1,082
8,364
8,904
9,645
10,591
9,131
15
16
17
18
19
5,238
604
437
397
1,217
4,457
469
371
345
1,092
3,497
303
321
277
857
2,724
225
261
204
687
2,893
270
279
212
749
3,587
320
289
262
917
3.941
360
329
281
996
4,460
415
364
317
1,147
5.130
459
398
356
1,317
4.085
398
342
310
1,026
20
21
22
23
24
25
325
764
519
540
150
285
269
671
430
403
147
260
222
509
332
352
105
219
175
373
242
299
80
178
182
392
251
300
71
187
220
505
319
433
101
221
249
577
338
464
105
242
277
664
385
492
137
262
313
791
461
580
171
284
256
626
353
363
141
270
26
27
26
29
30
31
32
33
34
35
36
5,190
1,041
145
1262
772
284
615
397
128
176
370
4,852
1,020
133
1,095
722
277
617
377
125
142
344
4,398
914
120
1,025
672
250
548
329
105
120
315
3,954
841
108
907
593
226
481
291
97
110
300
4,311
939
102
1,081
632
244
449
321
99
124
320
4,777
1,085
112
1,139
699
280
492
369
115
141
345
4.963
1,106
108
1,196
768
289
510
379
121
134
352
5.461
1223
111
1263
843
325
604
431
132
154
375
5.046
1.166
108
1,092
807
301
578
383
131
127
353
Agriculture, forestry, and fisheries
Farms
Agricultural services, forestry, and fisheries
Durable goods
Lumber and basic timber products
Furniture and finished lumber products
Stone, clay, and glass products
Iron and steel and their products, induding
ordnance.
Nonferrous metals and their products
Machinery, except electrical
Electric and electronic equipment
Motor vehicles and equipment
Other transportation equipment
Miscellaneous manufacturing, including
instruments and miscellaneous plastic
products.
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 products
Leather and leather products
859
95
89
416
192
67
1,055
37
3,904
3,663
3210
2,762
2,625
2,709
2,736
5,185
1,157
109
1218
829
300
554
393
124
142
359
2,896
3,057
2,759
Transportation
Railroad transportation
Local and interurban passenger transit
Trucking and warehousing
Water transportation
Transportation by air
Pipelines, except natural gas
Transportation services
Communication
Telephone and telegraph
Radio and television broadcasting
38
39
40
41
42
43
44
45
2,873
1,845
410
252
167
2
25
172
2,632
1,659
387
249
159
4
24
150
2280
1,405
356
235
144
5
21
114
1,841
1,064
302
215
135
6
20
79
1,910
1,122
294
232
145
6
22
89
1533
1,113
294
254
148
8
23
93
2,046
1,194
298
268
142
10
25
109
2159
1251
301
289
151
12
26
129
1.897
1,061
280
270
134
13
23
116
46
47
48
538
534
4
530
524
6
467
459
8
1,934
1.155
323
218
130
6
17
85
421
412
9
391
383
8
390
379
11
408
393
15
440
422
18
418
400
18
Electric, gas, and sanitary services
Utilities: electric and gas
Local utilities and public services, n.e.c.
49
50
51
493
465
28
501
473
28
463
437
26
407
384
23
393
371
22
409
386
23
389
376
13
414
392
22
442
418
24
458
437
21
444
423
21
1,406
3,576
1,443
1,550
1,706
1,707
3,743
4,034
4,340
1242
284
83
106
1,261
1,305
1*346
4216
1,342
277
74
108
276
85
114
285
63
116
286
68
102
364
112
326
4,448
327
575
15
368
114
348
383
115
364
396
117
373
4,748
349
613
17
5,000
373
647
19
4,800
373
616
18
Transportation and public utilities
Wholesale trade
52
1,631
1,571
1,418
1,279
1,275
Retail trade and automobile services
53
4,215
3,980
3,656
3,217
3,197
Finance, Insurance, and real estate
54
1,415
1,390
1,328
1266
1,219
Banking
Security and commodity brokers, and services .
Credit agencies (other than banks) and holding
and other investment companies.
Insurance carriers
Insurance agents and brokers, and services ....
Real estate
55
56
57
385
128
130
375
103
128
345
88
120
311
80
114
281
89
108
58
59
60
358
120
294
368
122
294
361
119
295
355
117
289
341
112
288
Services
Hotels and other lodging places
Personal services
Commercial and trade schools and employment
agencies.
Business services
Miscellaneous repair services
Motion pictures
Amusement and recreation services
Health services
Legal services
Educational services, n.e.c
Membership organizations
Miscellaneous professional services
Private households
61
62
63
64
5,112
387
617
20
4,928
371
606
18
4,547
331
566
16
4,068
282
525
12
3,919
266
513
11
348
113
308
4280
313
549
12
65
66
67
68
69
70
71
72
73
74
157
59
142
253
429
90
224
351
35
2,346
153
58
143
235
434
94
228
358
37
2,193
137
57
140
205
419
99
232
354
29
1.962
141
56
122
156
399
100
233
341
21
1,680
147
56
119
135
390
101
233
335
21
1,592
172
56
135
147
403
100
234
339
23
1,797
172
56
148
150
420
104
240
338
25
1,878
201
57
164
164
455
105
244
342
29
2008
204
57
177
182
491
108
251
332
31
2,128
208
58
171
163
516
112
259
331
33
1,942
75
3204
3,340
3,422
3^84
3,893
4,752
5,054
6,174
5,558
6,184
76
77
78
79
80
81
82
83
84
85
86
87
847
548
267
281
893
593
310
283
874
576
296
280
861
564
290
274
299
2,357
2247
1,082
1,165
110
300
2.447
2,331
1,110
1217
4
116
298
2^48
2.431
1,120
1267
44
117
297
2523
2,419
1,109
1223
87
104
1237
937
294
270
373
300
2.656
2557
1,084
1,174
299
99
1,738
1,415
357
271
787
323
3,014
2,909
1,083
1223
603
105
1,799
1.463
449
286
728
336
3255
3,145
1,112
1268
765
110
3,514
3.171
521
316
2334
343
2,660
2.541
1.134
1.352
55
119
2.834
2,485
517
341
1,627
349
2,724
2.599
1,165
1.401
33
125
3,360
2,994
507
357
2130
366
2,824
2.698
1,196
1,496
6
126
0
0
1
1
1
1
1
1
1
1
Government
Federal
General government
Civilian, except work relief
Military2
Work relief
Government enterprises
State and local
General government
Public education
Nonschool, except work relief
Work relief
Government enterprises
Rest of the world
...................
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
88
Table 6.5A.—Full-Time Equivalent Employees by Industry: 1929-48—Continued
[Thousands]
Line
1
Full-time equivalent employees
Domestic industries
Private 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
Durable goods.
Lumber and basic timber 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
Electric and electronic equipment
Motor vehicles and equipment
Other transportation equipment
Miscellaneous manufacturing, including
instruments and miscellaneous plastic
products.
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 products
Leather and leather products
Transportation and public utilities
Transportation
Railroad transportation
Local and interurban passenger transit .
Trucking and warehousing
Water transportation
Transportation by air
Pipelines, except natural gas
Transportation services
Communication
Telephone and telegraph .
Radio and television broadcasting
Electric, gas, and sanitaty services ....
Utilities: electric and gas .
Local utilities and public services, n.e.c..
Wholesale trade
Retail trade and automobile services ,
Finance, insurance, and real estate ....
Banking
Security and commodity brokers, and services .
Credit agencies (other than banks) and holding
and other investment companies.
Insurance carriers
Insurance agents and brokers, and services ....
Real estate
Services
Hotels and other lodging places
Personal services
Commercial and trade schools and employment
agencies.
Business services
Miscellaneous repair services
Motion pictures
Amusement and recreation services
Health services
Legal services
Z
!
Educational services, n.e.c
Membership organizations
Miscellaneous professional services
Private households
Government
Federal
General government ....
Civilian, except work relief .
Military2
Work relief
Government enterprises
State and local
General government
Public education .
Nonschool, except work relief..
Work relief
Government enterprises
Rest of the world
17,402
10,924
585
421
413
2,460
47,068
47,115
38,356
1,937
1,817
120
871
88
82
391
221
89
1,739
14,493
7,742
578
486
474
1,670
461
1,363
757
575
1,749
468
508
1,457
960
325
3271
524
492
1,405
1,037
341
3,175
497
457
1.331
925
308
2,044
489
1,393
847
667
593
536
6,478
1,405
102
1.321
1,073
393
550
849
186
224
375
3,540
2,631
1,534
332
395
139
46
25
160
518
490
28
391
373
18
1,752
4526
1,389
328
38
6,328
1,441
100
1217
1,049
390
550
790
197
239
355
3,704
2,817
1,616
345
390
205
47
26
188
516
486
30
371
353
18
1,771
4,896
1564
336
39
78
6,253
1.431
102
1,163
1.021
394
569
776
207
234
356
3,805
2.894
1,628
354
398
247
53
25
189
533
500
33
378
359
19
1,868
5,070
1,393
343
42
81
6,751
1,500
104
1,313
1,117
449
668
705
219
265
411
3,986
2,886
1,564
402
440
200
1,952
5,075
1,462
309
50
113
6,438
1,385
96
1,388
1,079
380
555
780
183
189
403
3554
2,410
1,429
294
397
107
34
25
124
501
474
27
443
422
21
1,857
4,966
1439
319
41
105
2,215
6,011
1,594
374
53
94
464
705
722
224
270
406
4,042
2,867
1543
406
461
162
82
28
185
683
642
41
492
469
23
2,403
6,280
1,641
392
49
102
425
118
420
5,274
388
661
16
435
120
435
5547
404
718
24
428
121
425
5,518
404
750
40
406
118
413
5226
412
756
50
392
115
404
5,165
420
731
35
404
118
405
475
143
455
5,510
462
857
25
513
146
439
5,791
461
863
31
225
57
174
186
549
116
271
390
41
2,200
6510
3.412
3.023
642
592
1,789
241
64
184
202
580
117
276
427
53
2,057
7541
4,419
3,988
944
1,680
1,364
431
2,922
2,764
1.249
1,509
6
158
3
236
229
78
204
193
655
104
288
455
63
1,739
14568
12,078
11,573
2,497
9,029
47
505
2.790
2.635
1,227
1.408
243
81
214
196
665
95
292
479
59
1,655
17,137
14,366
13,885
2,520
11,365
1,632
17,012
14,217
13.722
2.420
11,302
324
107
228
233
701
103
313
572
82
1,503
8,759
5,770
5,195
1,758
3,437
351
116
229
235
767
104
337
599
93
1,605
6,762
3,528
3,018
1,386
1,632
481
2.771
2.622
1216
1,406
495
2,795
2.647
1.224
1,423
575
2,989
2,832
1276
1.556
510
3234
3.057
1,364
1.693
157
-47
177
42,575
42,572
35,231
2,300
47,538
47,533
37,760
2,201
99
975
131
92
452
204
96
1,774
13,137
6,999
609
460
433
1.641
2,121
105
985
132
89
480
183
101
2,131
15,284
8,846
633
444
436
1,960
284
661
398
467
186
300
328
792
455
543
301
342
410
1,087
607
655
675
422
5,358
1.175
107
1,215
903
314
577
414
135
146
372
2558
1,990
1,114
276
290
140
15
22
133
423
402
21
445
423
22
1,776
4,389
1,376
288
62
5,515
1223
104
1,223
918
336
568
469
151
156
367
2570
2,072
1,160
270
321
142
19
23
137
433
410
23
465
443
22
1540
4,686
1,422
296
58
105
6,138
1.303
103
1,383
1,043
378
581
580
414
119
395
4,957
377
597
17
220
58
172
173
522
116
for all employees to the average weekly hours per employee on full-time schedules.
2. Includes Coast Guard.
1947
53282
53,348
36,336
1,869
1,759
110
829
89
73
388
206
73
1,135
15,186
8,933
524
402
381
2,072
37,924
37,922
31,612
2,326
2224
102
927
118
91
439
196
83
1,285
10582
5.367
500
406
369
1,331
265
328
37
2.075
6,172
3,312
2,937
560
381
1,996
375
2,860
2.732
1224
1,497
11
128
1
1946
1945
54,982
55,037
37,900
1,961
1,852
109
879
107
80
415
198
79
1,110
17,050
10,722
559
406
386
2,424
35,915
35,914
29,742
2,368
2,264
104
832
103
88
381
187
73
1,219
9,967
4,609
431
384
343
1,155
389
2,898
2,752
1235
1,506
11
146
410
3,209
2257
1,285
271
376
144
24
24
133
476
450
26
476
454
22
n.e.c. Not elsewhere classified.
1. Full-time equivalent employees equals the number of employees on full-time schedules plus the number of
employees on part-time schedules converted to a full-time basis. The number of full-time equivalent employees in
each industry is the product of the total number of employees and the ratio of average weekly hours per employee
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
1944
1943
1939
2226
66
193
204
614
111
282
448
78
2,092
9,773
6,906
6,457
1,702
4,154
601
449
2,867
2,714
1245
1,467
2
153
53,686
53,707
38539
2,121
2,022
99
917
132
84
434
177
90
1566
5,181
417
746
21
264
84
215
197
661
90
295
493
66
155
149
148
-21
-55
-56
82
27
171
649
613
36
451
429
22
47,121
47,126
40,364
2,007
1,882
125
933
98
80
429
231
95
2,062
15,205
8,330
658
552
503
1,862
482
1,548
928
749
512
536
6575
1,529
100
1,327
1,128
-5
3. Included in anthracite mining (line 9).
4. Included in lumber and basic timber products (line 16).
5. Included with iron and steel and their products, including ordnance (line 19).
6. Included with educational services, n.e.c. (line 71).
,c.rv
NOTE.—Estimates in part A of this table are based on the 1942 Standard Industrial Classification (WWmates in part B. including 1948. are based on the 1972 SIC
Table 6.5B.—Full-Time Equivalent Employees by Industry: 1948-58
[Thousands]
Line
1
Full-time equivalent employees
1949
1948
1950
1951
1952
1954
1953
1955
1957
1956
1958
1
48,097
46,840
48,600
52,612
53,752
54,694
52,868
54,079
55,399
55325
Domestic Industries
2
48,090
46,855
48,604
52,667
53,820
54,772
52,995
54,217
55,541
55,958
54,154
Private industries
3
41,278
39,577
41,099
43,325
43,698
44,677
43,054
44,381
45,605
45,822
43370
Agriculture, forestry, and fisheries
Farms
Agricultural services, forestry, and fisheries .
4
5
6
2,072
2,000
2,067
1,999
1,933
1,847
1,769
1,747
1,780
1,869
131
1,933
134
1,856
143
1,786
147
1,882
1.742
140
1,902
1,940
132
1,762
140
1,707
140
1,626
143
1,604
143
1,639
141
Mining
Metal mining
Coal mining
Oil and gas extraction
Nonmetallic minerals, except fuels
7
8
9
10
11
993
923
924
937
914
872
794
798
837
833
742
100
533
263
97
94
475
257
97
96
469
260
99
102
441
287
107
103
397
305
109
107
342
312
111
101
267
316
110
105
249
329
115
112
261
113
255
344
121
92
215
318
117
Construction
12
2,321
2,194
2,411
2,668
2,683
2,643
2,611
2,734
2,853
2301
2,705
Manufacturing
13
15,521
14,368
15,110
16252
16,482
17,241
15,999
16,490
16,774
16,745
15291
Durable goods
Lumber and wood products
Furniture and fixtures
Stone, clay, and glass products
Primary metal industries
Fabricated metal products
Machinery, except electrical
Electric and electronic equipment
Motor vehicles and equipment
Other transportation equipment
Instruments and related products
Miscellaneous manufacturing industries .
14
15
16
17
18
19
20
21
22
23
24
25
8,343
862
334
556
1,231
1,085
1,384
975
757
472
271
416
7,494
752
310
517
1,084
983
1,189
839
733
458
248
381
8.087
817
357
549
1,185
1,083
1,215
961
797
452
271
400
9.090
866
348
586
1.295
1,191
1,468
1,085
635
696
320
400
9,391
807
349
565
1225
1215
1,545
1,169
778
998
349
391
10.047
778
356
576
1.306
1,321
1,567
1.300
899
1.143
381
420
9.088
710
329
548
1.164
1,199
1,413
1.169
765
1.034
360
397
9.487
750
354
578
1266
1261
1.439
9,741
742
874
987
365
399
1,550
1286
784
1.051
388
403
9,731
669
361
582
1294
1298
1,555
1,309
755
1,122
401
385
8.588
623
337
547
1,082
1.146
1.328
1.185
596
1.009
375
360
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 miscellaneous plastics products
Leather and leather products
26
27
28
29
30
31
32
33
34
35
36
7,178
1,783
99
1,329
1,196
470
720
633
220
322
406
6,874
1,753
101
1,186
1,167
451
717
599
214
297
389
7,023
1.751
96
1,243
1.183
482
723
617
216
320
392
7.162
1.781
104
1220
1,182
504
737
687
227
345
375
7,091
1,765
103
1,139
1,187
497
739
708
231
346
376
7,194
1.756
103
1,130
1205
523
754
746
235
366
376
6.911
1,720
101
1,017
1,138
522
758
729
232
337
357
7,003
1,707
99
1,022
1,162
537
768
745
231
365
367
7,033
1,711
95
997
1.157
554
782
773
229
373
362
7,014
1,704
92
954
1,145
555
803
793
232
377
359
6,703
1.639
90
886
1,086
542
791
758
219
351
341
Transportation and public utilities
1214
342
122
362
592
1,300
1283
54326
37
4,121
3,939
3,972
4,170
4,182
4228
4,025
4,087
4,195
4,182
3,908
Transportation
Railroad transportation
Local and interurban passenger transit .
Trucking and warehousing
Water transportation
Transportation by air .
Pipelines, except natural gas .
Transportation services
38
39
40
41
42
43
44
45
2,854
1,503
388
515
254
89
30
75
2,662
1,349
373
518
235
87
29
71
2,710
1,373
354
575
225
86
27
70
2.868
1.432
350
635
251
95
28
77
2.849
1,382
344
661
245
108
29
80
2.856
1.359
335
701
238
114
28
81
2,654
1205
314
695
221
116
27
76
2.699
1.196
295
748
231
125
26
78
2.755
1,183
288
796
240
144
26
78
2.717
1,117
287
802
249
160
26
76
2.481
952
273
781
218
160
25
72
Communications .
Telephone and telegraph
Radio and television
Electric, gas, and sanitary services .
46
47
48
49
739
692
47
528
736
686
50
541
717
664
53
545
747
689
58
555
773
713
60
560
801
737
64
571
799
729
70
572
811
739
72
577
857
782
75
583
876
798
78
589
826
747
79
601
Wholesale trade
50
2,586
2,528
2,559
2,715
2,784
2,830
2321
2,891
3,031
3341
3,017
Retail trade
51
5,852
5,805
5,942
6275
6,384
6,482
6,405
6,570
6,781
6311
6,698
Finance, Insurance, and real estate
Banking
Credit agencies other than banks
Security and commodity brokers
Insurance carriers
Insurance agents, brokers, and service .
Real estate .
Holding and other investment offices .
52
53
54
55
56
57
58
59
1,635
1,663
1,742
1,826
1,902
1,986
2360
2,163
2268
2,339
2377
406
100
53
495
106
463
12
410
107
51
519
115
449
12
418
121
56
546
123
467
11
447
131
60
572
135
469
12
472
143
63
603
143
464
14
496
155
64
645
150
462
14
511
166
67
675
157
468
16
529
184
78
702
163
490
17
554
205
85
734
173
499
18
20
596
214
91
800
188
469
19
Services .
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
6,177
6,157
6,372
6,483
6,434
6,513
6,437
6301
7,097
7323
7,452
451
855
306
223
126
221
240
825
102
409
669
434
826
307
208
114
218
235
846
104
416
708
428
818
322
196
111
213
233
905
112
421
728
438
825
350
191
122
208
230
958
117
417
757
444
815
379
194
126
200
225
939
118
416
773
451
805
411
193
120
190
229
1,035
124
422
805
440
787
426
189
110
184
228
1,084
126
430
829
442
783
464
198
114
179
233
1,132
128
446
449
788
521
211
119
172
238
1,191
128
456
875
916
459
792
572
219
125
165
240
1264
131
490
954
450
775
599
226
115
151
243
1,331
135
512
991
176
1,574
170
1,571
175
1,710
203
1.667
231
1,524
245
1,483
243
1,361
259
1348
301
1,607
323
1,589
310
1,614
76
6,812
7,278
7,505
9,342
10,122
10,095
9,941
9336
9,936
10,136
10,184
77
78
79
80
81
3 460
2922
1,378
1,544
538
3.684
3.114
1,397
1,717
570
3.783
3230
1,417
1,813
553
5,535
4,957
1,753
3204
578
6.175
5,555
1,843
3.712
620
5.989
5.390
1,760
3.630
599
5.669
5.070
1,643
3.427
599
5,393
4,796
1.651
3,145
597
5270
4.667
1,678
2,989
603
5263
4.641
1,674
2,967
622
5,062
4.429
1.632
2,797
633
82
83
84
85
86
3,352
3,141
1,418
1,723
211
3.594
3,373
1,491
1,882
221
3,722
3,488
1,536
1,952
234
3,807
3,561
1581
1.980
246
3.947
3.663
1.655
2,008
284
4,106
3,814
1,732
2,082
292
4272
4,443
3,979
1,812
2,167
293
4,143
1515
2228
300
4.666
4.364
2.021
2.343
302
4,873
4,568
2,128
2.440
305
5,122
4,802
2238
2,564
320
87
7
-15
-55
-68
-78
-127
-138
-142
-133
-128
Hotels and other lodging places
Personal services
Business services
Auto repair, services, and parking ....
Miscellaneous repair services
Motion pictures
Amusement and recreation services .
Health services
Legal services .
Educational services
!,..
!!!!!!!!!!!!!.!!!,..
Social services and membership organizations .
Social services
Membership organizations
Miscellaneous professional services
Private households
Government
Federal
General government .
Civilian
Military 2
Government enterprises..
State and local
General government
Education
Other.
Government enterprises"!!!!!!.'""
Rest ol the world
-4
1. Full-time equivalent employees equals the number of employees on full-time schedules plus the number of
employees on pan-time schedules converted to a full-time basis. The number of full-time equivalent employees in
each industry is the product of the total number of employees and the ratio of average weekly hours per employee
•or all employees to average weekly hours per employee on full-time schedules.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
586
212
85
778
180
478
2. indudes Coast Guard.
Note ...Estimates in part A of this table are based on the 1942 Standard Industrial Classification (SIC); and estimates in part B, including 1948, are based on the 1972 SIC.
Table 6.6A.—Wages and Salaries Per Full-Time Equivalent Employee by Industry: 1 9 2 W 8
[Dollars]
Line
Wages and salaries per full-time equivalent employee .
Domestic industries
Private 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
Durable goods .
Lumber and basic timber 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
Electric and electronic equipment
Motor vehicles and equipment
Other transportation equipment
Miscellaneous manufacturing, including instruments and
miscellaneous plastic products.
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 products
Leather and leather products
Transportation and public utilities
Transportation
Railroad transportation
Local and interurban passenger transit
Trucking and warehousing
Water transportation
Transportation by air
Pipelines, except natural gas
Transportation services
Communication
Telephone and telegraph
Radio and television broadcasting ....
Electric, gas. and sanitary services
Utilities: electric and gas
Local utilities and public services, n.e
Wholesale trade
Retail trade and automobile services ....
Finance, insurance, and real estate
Banking
Security and commodity brokers, and services
Credit agencies (other than banks) and holding and other
investment companies.
Insurance carriers ..
Insurance agents and brokers, and services
Real estate
Services
Hotels and other lodging places
Personal services
Commercial and trade schools and employment agencies.
Business services
Miscellaneous repair services
Motion pictures
Amusement and recreation services
Health services
Legal services
Educational services, n.e.c
Membership organizations
Miscellaneous professional services
Private households
Government
Federal
General government
Civilian, except work relief
Military1
Work relief
Government enterprises
State and local
General government
Public education
Nonschool, except work relief
Work relief
Government enterprises
Rest of the world
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
1932
1929
1933
1,390
1,390
1,372
464
1,297
1,297
1,266
377
1,141
1,141
1,092
299
1,067
1,067
1,023
278
460
893
1,526
1,613
1,728
1293
2.019
1,409
1,674
1,543
1,630
1,172
1,398
1,557
1,740
1,665
1,827
1.655
1.813
1,747
1,568
444
893
1.424
1,551
1,750
1,119
1.980
1.358
1,526
355
844
1,221
1,291
1.602
909
1.890
1,186
1,233
1,369
279
755
1,016
1,060
1,452
723
1,600
945
1,150
1.391
1,010
1,195
1,386
1,410
1,455
1,521
1.461
1.455
1,590
1,466
1,127
787
962
1.167
1,044
1,177
1,311
1.182
1234
1,462
1230
259
685
990
1,040
1,435
748
1,427
852
869
1,086
1,087
737
900
1.071
1,073
1,132
1,260
1.455
1,503
979
1,155
1,361
1.514
2,010
1,673
1,844
1.597
1,327
1.425
1.489
985
1.096
1,265
1,487
1,352
1,451
908
1,039
1,166
1,303
787
847
941
1208
1,740
1,419
1.619
1.191
970
1,393
1.373
1.461
1,328
1,179
1,038
2,346
1,691
1,224
1.363
1,335
2,740
1.516
1,542
1,081
1,672
1,173
1,652
1.817
2.925
1.632
1,086
1.204
725
829
900
1.143
1,599
1,312
1.505
1,137
950
1,339
1.334
1,439
1,219
1,172
1,059
2227
1,443
1.127
1274
1,245
2,510
1,427
1.453
1.021
1,477
1,066
1,555
1.726
2.742
1.574
1,800
1.677
1.464
906
854
816
889
1,364
1.653
1,286
1.891
1.185
810
1,168
1,189
1,442
1,619
460
1,326
1,302
1213
1,673
1,070
954
1,577
1,338
1,333
1,300
1.413
1,140
1.455
1,428
1,428
1,416
479
1.598
1,643
1,749
1,598
1,298
1,275
2,624
1,927
1,424
1,394
1,386
2,513
1.562
1,589
1,116
2,072
1,409
2,062
1,969
3.172
1,862
2.268
1.975
1.575
1,079
1.098
1,219
1,650
2274
1.814
2.169
1,273
925
1.378
1,312
1,712
2,314
731
1,548
1,673
1.547
1.933
1.181
1,903
1,504
1,499
1,445
1.549
1.600
1.488
1,556
1,156
1.310
1,525
1.640
1,554
1.748
1,658
1,571
1,728
1,535
2,011
1.647
1,904
1.563
1215
1,578
1.610
1.717
1,587
1269
1,214
2,424
1,802
1,427
1,423
1,410
2,624
1,575
1,603
1,124
2,039
1,384
1,973
1.909
1,162
1.404
1,943
1,608
1,810
1.392
1.152
1,539
1,549
1,661
1,500
1,230
1.153
2,381
1,794
1,377
1.456
1,436
2,732
1,572
1.600
1,122
1,934
1,324
1,858
1,881
907
3.097
1.828
3.011
1,767
2,226
1,877
1.446
1,066
1,097
1200
1.778
2.412
1.793
2,175
1268
933
1,394
1,329
1.698
2.027
676
1,551
1,632
1.492
1,768
1.191
2.127
1.748
1237
1,008
1,030
1,136
1,625
2,255
1,684
2,179
1244
919
1.333
1,323
1,653
1,897
584
1,544
1,673
1.549
1.895
1,182
1,581
979
918
908
996
1.500
1,844
1,464
1,959
1218
865
1.260
1,279
1.545
1,714
497
1,475
1.603
1.504
1.824
1,164
1,907
1,521
1,517
1,455
1,576
1,000
1,595
1,913
1,500
1,497
1,463
1,541
1,045
1,573
1.791
1,432
1.427
1.399
1.479
1.057
1,529
1.203
1,170
1,310
1,166
1935
1934
1936
1,108
1,155
1,201
1,108
1,155
1,201
1,076
1,129
1,184
303
344
324
759
1,154
1,239
1,414
957
1.558
968
1,027
1,216
1264
833
988
1,171
1295
1,277
1,425
1,364
368
286
679
1,108
1,133
1,500
900
1.472
903
942
1,153
1,171
791
948
1,088
1,166
1209
1,345
1282
1,314
1,317
1,195
1,139
1221
750
883
987
1.186
1,644
1,341
1,513
1,248
1.017
1,402
1.393
1,505
1,310
1207
1,055
2,201
1,521
1,180
1,364
1.338
2,198
1,484
1,510
1,061
1,550
1,102
1,601
1,768
2,807
1,660
1.716
1,575
981
857
863
905
1,417
1,709
1.339
1,844
1,190
801
1,160
1,175
1,440
1,609
473
1,283
1,263
1,178
1.717
1,070
971
1,635
1295
1,289
1.265
1,391
1,128
1.438
1.489
1.381
1244
1,178
1,253
778
926
1.016
1235
1,698
1.385
1,587
1.358
1.043
1.490
1.492
1.645
1,361
1264
1.080
2,195
1.575
1.269
1,401
1,378
2,089
1.565
1,589
1.116
1,640
1,139
1,632
1.830
2.770
1,759
1,745
1,679
1.021
873
878
915
1.400
1,884
1,429
1.892
1.193
829
1,163
1.162
1,435
1.600
485
1,291
1295
1,183
1.759
1,154
839
1.780
1290
1283
1293
1,425
1,034
1,473
351
788
1,263
1.380
1,408
1,103
1,594
1.100
1,178
1,287
1,376
911
1,074
1262
1.446
1.361
1,550
1.478
1,600
1,496
1,298
1,210
1290
817
952
1.013
1,313
1,702
1,455
1,629
1,472
1,045
1,565
1,582
1.724
1,433
1,328
1,373
2.243
1,609
1,275
1.451
1.420
2,223
1,588
1,615
1,135
1,652
1,159
1,713
1,891
2.941
1,8*
1,823
1,781
1,078
897
940
1,471
1,915
1.456
1,896
1232
851
1.200
1,180
1,465
1,759
506
1,279
1,186
1,112
1,896
1,152
931
1,869
1,402
1,397
1,329
1.457
1.345
1.487
Table 6.6A.—Wages and Salaries Per Full-Time Equivalent Employee by Industry: 192M8-Continued
[Dollars]
Line
Wages and salaries per full-time equivalent employee .
Domestic industries
Private 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
Durable goods .
Lumber and basic timber 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
Electric and electronic equipment
Motor vehicles and equipment
Other transportation equipment.,
Miscellaneous manufacturing, including instruments and
miscellaneous plastic products.
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 products
Leather and leather products
Transportation and public utilities
Transportation
Railroad transportation
Local and interurban passenger transit .
Trucking and warehousing
Water transportation
Transportation by air..
Pipelines, except natural gas .
Transportation services
Communication ....
Telephone and telegraph
Radio and television broadcasting .
Electric, gas, and sanitary services ....
Utilities: electric and gas .
Local utilities and public services, n.e.c
Wholesale trade
Retail trade and automobile services
Finance, Insurance, and real estate
Banking .
Security and commodity brokers, and services
Credit agencies (other than banks) and holding and other
investment companies.
Insurance carriers..
Insurance agents and brokers, and services .
Real estate
Services ,
Hotels and other lodging places
Personal services .
Commercial and trade schools and employment agencies
Business services
Miscellaneous repair services
Motion pictures .
Amusement and recreation services .
Health services
Legal services
Educational services, n.e.c
Membership organizations
Miscellaneous professional services..
Private households
Government ,
Federal .
General government
Civilian, except work relief .
Military1
Work relief.,
Government enterprises .
State and local
General government
Public education.,
Nonschool, except work relief .
Work relief
Government enterprises
Rest of the world
n.e.c. Not elsewhere classified.
1. Includes Coast Guard.
2. Included in anthracite mining (line 9).
3. Included in lumber and basic timber products (line 16).
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
1939
1940
1941
1942
1943
1944
1945
1946
1
1,280
1,315
1,458
1,727
1,970
2,123
2205
2,380
2
1,280
1,269
1,315
1,309
1,458
1,727
2,122
2,204
1,751
487
2,212
1,220
5
6
7
8
9
10
11
12
13
14
436
981
1,367
1,515
1,409
1,197
1,684
1,178
1,268
1,363
463
1,010
1,388
1,610
1297
1,235
1,714
1217
1,330
1,432
2275
1,339
1,307
1,855
2,378
2,382
460
1,473
593
567
1,162
1,970
2,039
15
16
17
18
19
20
21
22
23
24
25
1,479
956
1,138
1,359
1,549
1,521
1,681
1,601
1,762
1,667
1,337
1,568
934
1,158
1,393
1,643
1,595
1,813
1,688
1,934
1,764
1,380
1,579
1,771
1,467
1.500
1.779
1.375
1,635
1,653
1,840
1,026
1,304
1,554
1,923
1,824
2,144
1,919
2243
2,160
1,540
26
27
28
29
30
31
32
33
34
35
36
37
1,263
1,372
916
960
1,025
1,414
1,718
1,611
1,852
1,548
1,038
1,714
1299
1,385
1,000
986
1,022
1,458
1,764
1,723
1,954
1,583
1,041
1,745
38
39
40
41
42
43
44
45
46
47
48
49
50
51
1,723
1.877
1,569
1,521
1,557
2,328
1,930
1,271
3
4
52
53
54
55
56
57
1,643
1,600
2,427
1,739
1,766
1,240
1,698
1,224
1,756
1,906
1,559
1,551
1,648
2239
1,928
1,365
1,661
1,610
2,554
1,772
1,795
1,286
1,754
1,236
1,729
1,969
2,806
2,102
1,725
1,963
2,845
2,114
1,826
1,882
1,144
799
769
1,410
1,796
2,045
1,753
1,715
1,940
1,634
2,191
2,023
1,031
1.002
1,616
2,162
2,333
2.119
2.115
2,299
1,911
2,503
1,189
1,743
2,499
2,458
2,525
2,535
2,601
2,089
2,602
2,517
2,774
1,564
1,892
2.174
2,781
2,724
2.975
2.578
3,103
3,188
2,320
2,292
1,205
1,514
1,771
2283
2,230
2,630
2287
2.880
2.695
1,882
2,349
2,619
1,446
1.743
2,024
2.637
2,581
2,857
2,466
2,978
2,982
2,176
1,440
1,472
1,117
1,159
1,159
1.646
1,852
1,893
2,113
1,778
1,237
1,654
1,650
1,240
1,385
1,331
1,850
1,971
2.131
2,410
2,116
1,447
1.895
1.878
1,431
1,556
1.595
2,076
2.156
2.386
2,806
2,478
1.659
1,850
1,885
2,030
1,664
1,630
1,854
2,258
2,099
1,579
1299
1,777
1,977
3,040
2,177
2,099
2,183
2,303
1.990
1,859
2.729
2,265
2280
1,782
1,766
1,715
2,667
2.016
2.040
1,544
2,177
1,395
1,885
2.069
3.073
2,352
2,386
2,493
2,585
2280
2,147
3,388
2,457
2,720
2,100
1,934
1.878
2,929
2,261
2,284
1,715
2,416
1,555
2,041
2,134
3,947
2.605
1,910
1,975
1,198
2.044
2,140
1,285
2224
2,331
1,412
1,132
1,097
1,196
2.175
2,072
2,152
2,124
1,328
1,036
1,324
1,344
1.482
2.654
706
1,347
1.269
1,384
2,520
2,332
2,641
2250
1,461
1,127
1.423
1,469
1,679
3,063
919
2380
2,513
1,550
1,538
1,455
1,570
2,714
2,584
2,901
2379
1,663
1,262
1,653
1,562
1,795
3.237
1,140
1,635
1,790
1,652
1.632
2226
1.485
965
1,949
1,592
1,574
1,512
1,628
1,000
1,908
1,808
1,792
2.628
1,565
1.064
2,168
1,713
1,687
1,608
1,756
2,142
1,685
1.633
2.581
1,847
1,870
1,344
1,943
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
952
958
1,034
1,529
1,886
1,603
1,971
1277
908
1,198
1234
1,546
1,973
544
1,838
1,890
1,145
953
997
1,042
1,625
1,889
1,579
1,948
1280
927
1224
1240
1,408
1,902
554
75
1,335
1,341
1,020
1,025
1,075
1,833
1,967
1,891
2,016
1292
955
1265
1,264
1,379
2,245
601
1,388
76
77
78
79
80
81
82
83
84
85
86
87
88
1214
1,137
1,843
1,134
939
1,819
1,476
1,471
1,403
1,530
909
1,578
1.205
1,125
1,894
1,025
883
1,820
1,502
1.497
1,435
1,552
909
1,610
1292
1239
1,970
1,113
889
1,777
1,534
1,522
1,462
1,574
1,000
1,734
2,621
2,551
2,685
2.629
2,762
2,205
2,600
2,517
2,732
1,618
1,988
2.249
2,792
2,735
2,930
2.584
2.968
3,175
2,401
1,428
1,294
1,950
2,719
2,636
2,890
2.724
2.819
2,371
2,537
2,517
2,615
1.813
2,187
2,380
2,696
2,717
2,862
2,615
2,814
2,971
2,442
1947
2,612
2,611
2,614
1,518
1,479
2,104
3,113
3,010
3.125
3.212
3.156
2,653
2,829
2,793
2.883
2.046
2.395
2.670
3.062
2,967
3.112
2.876
3.143
3,145
2,657
1948
2,818
2,817
2,821
1,594
1,541
2.408
3,387
3,340
3,388
0
3,586
2,918
3,126
3,038
3.159
2,396
J
()
2,924
3,297
4
()
3.433
3,158
3,381
0
n
2.683
2.668
1.950
2.338
2.327
2,901
3210
3,118
3,616
3,081
2.313
3,059
2.895
2,865
2,040
2,584
2.442
3,194
3,499
3,383
4,100
3,197
2.414
2.499
2,413
3,972
2,665
2,697
2,045
3.168
3211
3.020
3.063
3.747
3256
3,750
2,762
2.672
2.583
4.073
2.959
2.996
2217
3.428
3.607
3,109
3,140
4,248
3.658
4,100
2.601
2.669
2,776
4,234
3,021
2,141
2,570
2,650
5226
3213
3,322
2,368
2,740
2,862
4,714
3.412
3,661
2,530
3,010
3,025
4,760
3,443
2,490
2,661
1.642
2.655
2,923
1,864
3273
3.030
2,374
1,863
1,745
1,854
2.520
2.861
2.766
2,978
2,185
1.605
1,757
1,802
1,984
3,280
1,411
1,924
1,688
1,612
1.709
2,571
2.739
2,810
2,567
1.888
1,401
1,856
1,641
1,876
3258
1,313
2,052
2,363
2.811
3,103
2,052
1,996
1.902
1,978
2,903
3,023
2.974
3,031
2.345
1.821
1,971
2.113
2.077
3.495
1.463
2,590
1,943
1,929
2,677
1,763
2.069
2.057
2.646
1,931
2.491
2,490
2.904
2,279
2831
2,843
3,180
2,556
2,790
2,957
2.949
3,256
2,676
2.372
1,822
1,797
1,730
1,855
2,412
1.962
1.938
1,882
1,986
2,492
2117
2.093
2,025
2,149
2,763
2.327
2.300
2261
2,331
2,996
2,618
2,593
2.538
2,638
2,255
2,405
2.554
2,791
3.000
2,081
2.044
1,580
1,681
1,788
2254
2,376
2.608
3,046
2,699
1,831
2,576
2,679
2,714
2,458
2,374
3.624
2,766
3,038
2,314
2,110
2.035
3,333
2,439
2,467
1,855
2,600
1,709
2,191
2,256
4,179
2,808
2211
2,170
1,676
1,817
1.943
2,365
2,576
2,670
3,097
2,722
1,972
2,660
2,734
2.711
2,596
2.545
3.583
2.830
3,240
2,386
2,325
2246
3,515
2.566
2.596
1,951
2,751
1,879
2,347
2.408
5.266
2,914
2.404
2,385
1,779
2.056
2.192
2.535
2.862
2765
3,183
2,826
2,131
2,861
2,973
3.049
2.886
2.752
3.415
2.829
3259
2.550
3,297
3,189
2,074
2,026
2,087
n
3.285
2,825
2,964
2.475
1,825
2,196
2.009
2.207
3,752
1,500
4. Included with iron and steel and their products, including ordnance (line 19).
5. Included with educational services, n.e.c. (line 71).
NOTE.—Estimates in part A of this table are based on the 1942 Standard Industrial Classification (SIC); and estimates in part B, including 1948, are based on the 1972 SIC.
Table 6.6B.—Wages and Salaries Per Full-Time Equivalent Employee by Industry: 1948-58
[Dollars]
Line
1948
1949
1950
1951
1952
1953
1954
1955
2,818
2,876
3,030
3,261
3,453
3,638
3,731
3.923
4,134
4,298
Domestic industries .
2,817
2,874
3,028
3.258
3,449
3,633
3,723
3,914
4,125
4,289
Private industries .
2,821
2,877
3.030
3,286
3.484
3,686
3,772
3,957
4,173
4,343
1,595
1,563
1,656
1,697
1,688
1,734
1,811
1,501
2,450
1,568
2.797
1,594
2,959
1,564
3229
1,607
1,464
3,407
1,640
1,541
2,379
1,531
1.454
2.642
1,498
3,371
1,578
3,503
1,657
3,538
Mining .
Metal mining
Coal mining
Oil and gas extraction
Nonmetallic minerals, except fuels .
3,396
3,340
3,388
3,608
2,918
3215
3,889
4,374
4,721
4,127
3,762
4,115
3,579
4,067
4.592
3,718
4,426
3,835
5,033
3.436
2.922
3.751
3,010
3*465
3,625
3245
3,873
3283
4,402
4,953
4,061
4,622
4,081
4,703
3.959
4,753
4,191
5,057
4,470
4.924
4,374
5,375
4,858
5,187
4,664
5235
5,487
5,086
5,422
4,785
Construction....
3,125
3229
3,377
3,774
4,086
4,354
4,484
4,607
4,914
5,120
Manufacturing .
3,037
3,107
3,330
3,652
3,894
4,133
4,224
4,481
4,739
4,928
Durable goods .
Lumber and wood products .
Furniture and fixtures .
Stone, clay, and glass products .
Primary metal industries
Fabricated metal products .
Machinery, except electrical
Electric and electronic equipment
Motor vehicles and equipment
Other transportation equipment
Instruments and related products
Miscellaneous manufacturing industries .
3,163
2,256
2,772
2,932
3,404
3278
3,447
3,162
3,382
3,602
3.159
2,808
3,240
2,305
2,842
3,015
3.406
3,368
3.487
3271
3,623
3.607
3.302
2.856
3,483
2,517
3.031
3,253
3,695
3,611
3.777
3,404
4,041
3,752
3,561
3,020
3,862
2,723
3273
3,597
4,134
3.981
4265
3.745
4,267
4.259
3,928
3240
4,126
2.928
3,476
3.710
4,383
4265
4,507
3,996
4,681
4,466
4,178
3,404
4,383
3,046
3,612
3.981
4,704
4,489
4,751
4,190
5.034
4,744
4,394
3,560
4.452
3.163
3,702
4,120
4,631
4,565
4,787
4,306
5,174
4,882
4,517
3,640
4,737
3,352
3.890
4,382
5,177
4,786
5,015
4,530
5,572
5.167
4,740
3,789
4,993
3,522
4,044
4,620
5,468
5.071
5.365
4,783
5.591
5,510
5,028
4,015
5207
3,583
4,144
4,790
5,726
5294
5,520
5,005
5.864
5,719
5,277
4,195
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 miscellaneous plastics products
Leather and leather products
2,892
2,870
2.040
2,578
2,445
3.194
3.499
3,384
4,145
3214
2,416
2,961
2,970
2,119
2,570
2.407
3248
3.700
3,549
4294
3286
2.416
3,154
3.140
2,333
2,784
2,541
3,498
3,892
3,797
4,449
3,600
2,571
3,386
3.398
2,490
2,935
2,645
3,815
4,115
4,131
4,793
3,861
2,723
3,587
3,612
2,689
3,039
2,741
4,032
4,399
4,370
5,091
4,168
2.931
3,784
3,855
2,835
3,088
2,862
4,252
4,682
4,658
5,349
4,358
3.035
3.923
4,033
3.000
3,077
2,923
4,391
4,885
4,878
5,478
4,445
3,076
4,134
4,247
3,172
3,255
3,027
4,654
5,133
5,121
5,753
4,852
3229
4,387
4,506
3.463.
3.401
3226
4,895
5,430
5.475
6.153
4,965
3,423
4,540
4,648
3,663
3,440
3,293
5.067
5.568
5.725
6,427
5,199
3507
Wages and salaries per full-time equivalent
employee.
Agriculture, forestry, and fisheries
Farms
Agricultural services, forestry, and fisheries .
3,297
3,541
3,827
4,050
4250
4,384
4,582
4,822
5,070
Transportation
Railroad transportation
Local and interurban passenger transit.,
Trucking and warehousing
Water transportation
Transportation by air
Pipelines, except natural gas
Transportation services
3,428
3,607
3,101
3.140
3,465
3.584
4,100
2,920
3.512
3.703
3,164
3261
3,404
3,805
4,172
3,282
3,639
3.778
3,288
3,468
3,698
4,070
4,333
3.129
3,947
4,163
3,489
3.614
4,080
4,411
4,714
3,481
4,153
4,338
3,645
3,834
4,465
4,741
5,069
3,713
4,334
4.418
3,809
4,106
5.017
4.982
5286
3,827
4,436
4,544
3,914
4200
4,937
5,172
5,444
4,079
4,623
4,701
4,142
4,410
5,126
5,416
5,692
4,179
4,886
5,085
4,306
4.548
5,300
5.549
6,077
4,564
5.163
5,416
4,449
4,763
5.663
5.813
6.385
4.921
Communications .
Telephone and telegraph .
Radio and television
2,869
2.776
4.234
3,019
2,920
4,380
3.180
3,059
3,390
3,253
5,017
3,642
3,492
5,417
3,881
3,720
5,734
4,093
3,914
5,957
4,339
4,153
6,250
4,501
4298
6.613
4,675
4,471
6.756
Transportation and public utilities ..
Electric, gas, and sanitary services .
3,189
3,353
3,556
3,827
4,130
4,408
4,610
4,783
5.072
5,307
Wholesale trade
3,597
3,621
3,806
4,028
4,134
4,320
4*442
4,616
4,883
5,119
Retail trade
2509
2,596
2,711
2,785
2,891
3,035
3,136
3267
3,374
3,514
Finance, insurance, and real estate .
Banking.
Credit agencies other than banks
Security and commodity brokers
Insurance carriers
Insurance agents, brokers, and services .
Real estate
Holding and other investment offices
3,010
3,025
3200
4.679
3273
3245
2.365
5.500
3,095
3,166
3280
4,784
3,382
3243
2,359
5,583
3,262
3,347
3,314
5,607
3,505
3,341
2,527
5,818
3,418
3,708
3£74
4,005
4,168
4,314
3.481
3,481
5,700
3,675
3,474
2,659
5,750
3,552
3,636
3,650
5,429
3,831
3,573
2,741
5.929
3,776
3,787
5,516
3,981
3,767
2,887
6,071
3,912
3,952
6,672
4,059
3.917
3,056
5,813
4,045
4,060
7,013
4,120
4,018
3222
6,000
4226
4,137
6,612
4,292
4208
3,427
6,389
4,311
4.387
6.718
4.445
4,367
3,546
6250
2,085
2,156
2,124
2,163
3,528
2,553
2,789
3,028
2,557
1.935
2,308
2,062
2,384
2213
2,178
2246
3,730
2,658
2,721
3,089
2,605
2,045
2,411
2,135
2.495
2,368
2274
2,375
3.957
2,864
3,107
3,269
2,743
2,177
2,573
2,240
2,617
2554
2£58
3,115
2,399
2,526
4,145
3,000
3294
3.485
2,956
2,344
2,847
2,320
2,746
2,708
2,494
2,682
4297
3.181
3,458
3.626
3,127
2,486
3,032
2.419
2,914
2,844
2,035
2,080
3,435
2,520
2.825
2,964
2,475
1.824
2.196
1,978
2,209
2,602
2.817
4.453
3254
3,455
3.929
3,320
2,592
3206
2,535
3,055
2,706
2,957
4,586
3,318
3,623
4,330
3,498
2,727
3,438
2,646
3,126
2.813
3,129
4,791
3.445
3,992
4,587
3,651
2.789
3.789
2.866
3216
3249
2,948
3250
4,883
3,621
4,136
4,745
3,875
2,919
3.962
2.959
3.352
3,335
1.500
3,512
1,498
3,651
1502
4,054
1,588
1.707
4,747
1,805
4,885
1,874
5212
1,956
5.721
2,017
5,882
2,075
2,790
2,860
3,014
3,127
3296
3,400
3509
3,718
3,903
4,044
2,957
2,949
3256
3238
3220
3,632
2,897
3,345
3227
3,189
3,924
2,788
3,554
3,372
3.326
4202
2,891
3,789
3,456
3.410
4.411
2,927
3,865
3,531
3,485
4,507
2,997
3,921
3.816
3,774
4301
3,237
4,155
4,016
3.983
5,025
3,402
4,261
4,103
4,073
5203
3.439
4,324
2.786
2,758
2,794
2.729
3201
2,981
2,950
2,998
2,911
3,435
3,177
3,140
3,169
3,116
3,655
3,317
3281
3.314
3254
3,795
3,479
3,447
3,510
3,393
3,925
3.599
3564
3,608
3,526
4,087
3.775
3.747
3.827
3.679
4.179
3.980
3.958
4.085
3.848
4.308
Services
Hotels and other lodging places
Personal services
Business services
Auto repair, services, and parking
Miscellaneous repair services
Motion pictures .
Amusement and recreation services
Health services
Legal services
Educational services
Social services and membership organizations .
Social services
Membership organizations
Miscellaneous professional services .
Private households
Government .
Federal.
General government .
Civilian
Military'
Government enterprises..
2996
3,016
2,995
3,481
2.599
3.132
State and local .
General government .
Education
Other .
Government enterprises..
2,618
2,593
2,538
2,638
3.000
2,700
£670
2.671
2,668
3,158
RMI of the world „.„„„...„.„.,...
I . M d M C o v t Guard.
NOTf-HatiMlM in part A of this table are based on the 1942 Standard Industrial Classification (SIC); and estimates in p«t B. induing 1948, are based on the 1972 SIC.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
Table 6.7A.—Self-Employed Persons by Industry: 1929-48
[Thousands]
Line
Self-employed persons
1
Agriculture, forestry, and fisheries
Agricultural services, forestry, and fisheries
1929
1930
1932
1931
1933
1934
1935
1937
1936
1938
1
10,320
10,311
10,352
10,350
10,371
10,493
10,645
10,567
10,495
10,338
2
3
4
5,675
5,566
109
5,671
5,566
105
5,773
5,663
110
5,858
5,760
98
5,952
5,857
95
6.041
5.954
87
6,150
6,051
99
5,965
5,871
94
5.810
5,691
119
5,621
5,511
110
Mining
5
24
24
26
29
31
35
36
37
38
38
Contract construction
6
822
817
785
737
680
654
648
659
655
631
Manufacturing
Durable goods
Nondurable goods
7
8
9
128
44
84
109
34
75
88
24
64
68
18
50
69
19
50
77
23
54
79
26
53
87
28
59
95
28
67
98
28
70
179
Transportation and public utilities
10
164
166
167
169
170
170
172
175
177
Wholesale trade
11
113
114
115
116
118
124
129
140
151
150
Retail trade and automobile services
12
1,862
1,859
1,851
1,841
1,841
1,855
1,865
1,915
1,965
2.002
Finance, insurance, and real estate
13
160
161
160
157
154
159
164
170
174
178
Services
14
1,372
1,390
1,387
1,375
1,356
1,378
1.402
1,419
1,429
1.441
Line
Self-employed persons
1
1939
1940
1942
1941
1943
1944
1945
1947
1946
1948
1
10,266
10,150
10,090
9,947
9,431
9,273
9,349
9,913
10,199
10211
Agriculture, forestry, and fisheries
Farms
Agricultural services, forestry, and fisheries
2
3
4
5.442
5.331
111
5263
5,153
110
5.186
5,078
108
5,115
5,003
112
5,033
4.928
105
4,970
4,853
117
4,897
4.760
117
4,776
4.649
127
4.650
4.518
132
4,545
4,410
135
Mining
5
38
38
40
36
32
26
26
30
35
38
Contract construction
6
645
656
675
728
606
536
565
812
945
984
Manufacturing
Durable goods
Nondurable goods
7
8
9
119
39
80
127
45
82
137
52
85
146
56
90
154
60
94
168
65
103
174
75
99
188
84
104
191
92
99
183
88
95
Transportation and public utilities
10
182
187
195
183
166
152
134
164
189
197
Wholesale trade
11
166
175
184
184
160
165
184
204
217
214
2,162
Retail trade and automobile services
12
2,051
2,082
2,051
1,950
1,722
1,702
1.792
1,962
2,096
Finance, insurance, and real estate
13
184
189
185
197
186
197
209
219
223
220
Services
14
1,439
1.433
1,437
1.408
1.372
1,357
1.368
1,558
1.653
1,668
1. Consists of active proprietors or partners who devote a majority of their working hours to their unincorporated
businesses.
NOTE.—Estimates in part A of this table are based on the 1942 Standard Industrial Classification (SIC); and est)*
mates in part B, including 1948, are based on the 1972 SIC.
Table 6.7B.—Self-Employed Persons by Industry: 1948-58
[Thousands]
Line
1
1949
1948
1
10,211
10,064
Agriculture, forestry, and fisheries
Farms
Agricultural services, forestry, and fisheries
2
3
4
4,553
4,410
143
4,440
4,302
138
Self-employed persons
1952
1951
1950
1954
1953
1957
1956
1955
1958
9,996
9,699
9,637
9,475
9,329
9,149
8,981
8,821
8,611
4,335
4.194
141
4,023
3,879
144
3.946
3,794
152
3.814
3,660
154
3,811
3,658
153
3,678
3,530
148
3,482
3.336
146
3.263
3,120
143
3.068
2,928
140
Mining
5
35
33
33
35
35
36
39
37
36
36
33
Construction
6
984
961
1,004
960
918
885
783
729
727
724
692
Manufacturing
Durable goods
Nondurable goods
7
8
9
440
248
192
409
233
176
398
230
168
413
246
167
422
254
168
411
253
158
379
231
148
362
222
140
347
213
134
332
204
128
315
195
120
Transportation and public utilities
10
197
196
200
207
208
210
201
196
194
195
191
Wholesale trade
11
253
255
259
265
272
273
271
273
276
277
278
Retail trade
12
1,999
2,034
2,029
2.027
2.025
2.001
1.974
2,023
2.039
2,056
2,077
Finance, insurance, and real estate
13
220
205
199
219
239
261
289
270
257
255
251
Services
14
1,530
1.531
1.539
1.550
1.572
1.584
1.582
1,581
1,623
1.683
1,706
1. Consists of active proprietors or partners who devote a majority of their working hours to their unincorporated
businesses.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
NOTE.-Estimates in part A of this table are based on the 1942 Standard Industnal Classification (SIC); and estimates in part B, including 1948, are based on the 1972 SIC.
Table 6.8A.—Persons Engaged in Production by Industry: 1929-48
[Thousands]
Line
1934
1933
1932
1931
1930
1929
1935
1936
1937
1
45,658
43,560
40,538
37,096
37,586
40,933
42,442
45,500
46,688
Domestic industries
2
45,658
43,560
40,537
37,095
37,585
40,932
45,499
46,687
Private industries
3
42,454
40220
37,115
33,711
33,692
36,180
42,441
37,337
39,325
41,129
4
8,627
8,441
8,471
8,370
8,438
8,523
8,651
8,544
8,367
5
6
8,391
236
8214
227
8,239
232
8,162
208
8235
203
8,330
193
8,440
211
8,346
198
8,118
249
7
1,017
956
839
701
724
857
876
934
993
130
151
476
168
92
113
144
457
157
85
86
128
424
127
74
59
105
364
114
59
60
94
379
133
58
72
108
438
173
66
84
101
450
175
66
105
100
464
190
75
132
100
478
202
81
Persons engaged in production1
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
Nonmetaltic mining and quarrying
8
9
10
11
12
Contract construction
13
2,306
2,183
1,983
1,644
1,514
1,763
1,738
14
10,556
9,418
7,983
6,746
1,383
7,273
1,460
Manufacturing
8,441
8,983
9,732
10,686
15
16
17
18
19
5,282
620
442
402
1,219
4.491
480
375
349
1,094
3,521
309
324
280
859
2,742
229
264
206
687
2,912
274
282
214
750
3,610
326
292
264
919
3,967
367
333
283
998
4,488
423
368
320
1,149
5,158
467
402
359
1,319
20
21
22
23
24
25
330
769
519
541
150
290
273
676
430
403
147
264
225
513
332
352
105
222
178
376
242
299
80
181
184
396
251
300
71
190
223
509
319
433
101
224
252
581
338
464
105
246
280
668
385
492
137
266
316
795
461
580
171
288
26
27
28
29
30
31
32
33
34
35
36
5,274
1,078
147
1264
793
285
630
401
128
176
372
4,462
941
121
1,027
687
251
561
332
105
120
317
4,004
863
109
908
604
227
492
293
97
110
301
4,361
961
103
1,083
642
245
460
323
99
124
321
5,016
1,127
109
1,198
779
290
523
382
121
134
353
5,244
1,182
110
1220
841
301
568
396
124
142
360
5.528
1254
112
1265
855
326
619
434
132
154
377
Durable goods
Lumber and basic timber products
Furniture andfinishedlumber products
Stone, clay, and glass products
Iron and steel and their products, including
ordnance.
Nonferrous metals and their products
Machinery, except electrical
Electric and electronic equipment
Motor vehicles and equipment
Other transportation equipment
Miscellaneous manufacturing, including
instruments and miscellaneous plastic
products.
37
4,068
4,927
1,053
134
1,097
740
278
632
380
125
142
346
3,829
3,377
2,931
2,795
4,831
1,108
113
1,141
710
281
504
372
115
141
346
2,879
2,908
3,071
3234
Transportation
Railroad transportation
Local and interurban passenger transit..
Trucking and warehousing
Water transportation
Transportation by air
Pipelines, except natural gas
Transportation services
38
39
40
41
42
43
44
45
3,034
1,845
438
381
168
2
25
175
2,795
1,659
414
381
160
4
24
153
2,444
1,405
382
369
145
5
21
117
2,100
1,155
348
355
131
6
17
88
2,008
1,084
326
354
136
6
20
82
2.077
1,122
316
373
146
6
22
92
2,102
1,113
315
397
150
8
23
96
2218
1,194
319
414
144
10
25
112
2,333
1251
322
437
153
12
26
132
Communication ,
Telephone and telegraph
Radio and television broadcasting
46
47
48
539
535
4
531
525
6
468
460
8
422
413
9
392
384
8
391
380
11
390
377
13
409
394
15
441
423
18
Electric, gas, and sanitary services
Utilities: electric and gas
Local utilities and public services, n.e.c
49
50
51
495
465
30
503
473
30
465
437
28
409
384
25
395
371
24
411
386
25
416
392
24
444
418
26
460
437
23
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 products
Leather and leather products
Transportation and public utilities
Wholesale trade
52
1,744
1,685
1,393
1,530
1,572
1,690
1,857
53
5,839
5,058
5,038
5,431
5,608
5,949
6,305
54
6,077
1,575
1,533
5,507
1,395
Retail trade and automobile services
1,551
1,488
1,423
1,373
1,401
1,425
1,475
1,520
55
56
57
386
143
137
376
118
135
346
103
127
312
95
121
282
104
115
285
98
113
278
89
115
277
100
121
286
98
123
58
59
60
358
183
368
368
186
368
361
182
369
355
179
361
341
171
360
348
172
385
364
171
408
368
174
435
383
175
455
Finance, insurance, and real estate .
Banking
Security and commodity brokers, and services .
Credit agencies (other than banks) and holding
and other investment companies.
Insurance carriers
Insurance agents and brokers, and services ....
Real estate
Services .
Hotels and other lodging places
Personal services
Commercial and trade schools and employment
agencies.
Business services
Miscellaneous repair services
Motion pictures
Amusement and recreation services .
Health services
Legal services .
Educational services, n.e.c
Membership organizations
Miscellaneous professional services .
Private households
Government
Federal
General government
Civilian, except work relief
Military2
Work relief .
Government enterprises
State and local
General government
Public education
Nonschool, except work relief.
Work relief
Government enterprises
Rest of the world
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
61
6,484
6,318
5,934
5,443
5,275
5,658
5350
6,167
6,429
62
63
64
518
1,008
24
504
996
22
465
941
20
417
886
15
403
860
14
453
910
15
469
950
18
494
994
20
520
1,034
22
65
66
67
68
69
70
71
72
73
74
209
264
153
295
750
194
287
351
83
2,348
207
281
153
277
749
202
291
358
85
2,193
192
299
147
248
725
212
292
354
77
1,962
198
315
128
200
691
214
289
341
69
1,680
204
312
124
180
679
217
286
335
69
1,592
231
309
141
193
695
216
287
339
72
1,797
233
311
155
197
711
223
293
338
74
1,878
265
311
171
212
750
225
297
342
78
2,008
269
311
184
230
785
230
304
332
80
2.128
75
3204
3,340
3,422
3,384
3393
4,752
5,054
6,174
76
77
78
79
60
81
82
83
84
85
86
87
847
548
267
281
893
593
310
283
874
576
296
280
861
564
290
274
299
2,357
2.247
1,082
1,165
110
300
2,447
2,331
1.110
1217
4
116
298
2,548
2,431
1,120
1267
44
117
297
2.523
i m
1,109
1223
87
104
1237
937
294
270
373
300
2,656
2,557
1,084
1,174
299
99
1,738
1,415
357
271
787
323
3,014
2,909
1.083
1223
603
105
1,799
1,463
449
286
I CO
336
3255
3,145
1,112
1,268
765
110
3,514
3,171
521
316
2 334
343
2,660
2,541
1.134
1.352
55
119
5358
2.834
2.485
517
341
1 627
349
2.724
2.599
1.165
1,401
33
125
0
0
1
1
1
1
1
1
1
88
Table 6.8A.—Persons Engaged in Production by Industry: 1929-48—Continued
(Thousands!
Line
Persons engaged in production 1
1939
1940
1
46,181
Domestic Industries
2
Private industries
3
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
1941
1942
1944
1943
1946
1945
1947
1948
48,074
52,665
64,255
62,631
56,981
57,320
46,180
48,072
52,662
57,480
63,138
64,310
62,697
57,028
57,325
58,301
40,008
41,762
45,321
47,707
48270
47,173
45,685
48269
50,563
51,489
4
7,810
7,589
7,486
7,341
7,154
6,931
6,766
6,713
6,657
6,610
5
6
7,595
215
7,377
212
7,279
207
7,124
217
6,950
204
6,705
226
6,539
227
6,466
247
6,400
257
6.350
260
7
870
965
1,015
1,021
949
905
855
901
968
1,019
8
9
10
11
12
116
90
389
197
78
131
93
447
206
88
144
94
461
216
100
141
91
487
197
105
138
85
439
193
94
111
81
419
213
93
74
392
220
76
93
83
397
235
93
103
82
437
246
100
106
546
57,485
63,117
81
58,308
(*)
265
102
Contract construction
13
1,864
1,941
2,449
2,859
2,172
1,646
1,700
2,551
3,007
3,262
Manufacturing
14
10,086
11,009
13274
15,430
17,556
17,218
15,360
14,681
15,396
15,459
15
16
17
18
19
4,648
441
389
347
1,159
5,412
511
412
373
1,335
7,051
620
468
437
1,646
8.902
644
451
441
1,965
10,984
597
429
418
2.465
10.787
571
415
391
2.430
9,008
537
411
387
2.079
7,826
596
496
483
1,678
8.422
684
562
513
1,870
8,397
1.263
0
533
3,372
20
21
22
23
24
25
288
666
399
468
186
305
333
798
456
544
302
348
415
1,096
608
656
676
429
467
1,375
758
576
1,750
475
515
1,469
961
326
3.273
531
500
1.418
1.038
342
3,177
505
466
1.346
927
309
2.046
500
507
1.407
849
668
595
547
491
1.562
930
750
513
547
n
1.573
889
767
26
27
28
29
30
31
32
33
34
35
36
5,438
1211
108
1217
920
315
595
417
135
146
374
5,597
1258
105
1,226
936
337
586
473
151
156
369
6223
1,341
103
1,386
1,062
379
599
584
168
189
412
6,528
1,424
97
1.392
1,099
381
573
785
183
189
405
6,572
1,442
103
1,325
1,097
395
567
854
186
225
378
6.431
1,479
101
1222
1.078
392
568
795
197
241
358
6,352
1.458
103
1.169
1.054
396
588
781
207
236
360
6.855
1334
105
1.318
1,149
450
689
710
219
266
415
6,974
1,561
101
1,331
1,157
465
728
726
224
271
410
7.062
1.558
100
1,370
1203
471
743
727
230
254
406
Durable goods
Lumber and basic timber 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
Electric and electronic equipment
Motor vehicles and equipment
Other transportation equipment
Miscellaneous manufacturing, including
instruments and miscellaneous plastic
products.
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 products .
Leather and leather products
0
n
37
3,040
3,157
3,404
3,537
3,706
3,856
3,939
4,150
4231
4,318
Transportation
Railroad transportation
Local and interurban passenger transit .
Trucking and warehousing
Water transportation
Transportation by air
Pipelines, except natural gas
Transportation services
38
39
40
41
42
43
44
45
2,169
1,114
296
444
142
15
22
136
2256
1,160
293
477
144
19
23
140
2,447
1,285
293
539
146
24
24
136
2.586
1,429
314
549
109
34
25
126
2.789
1,534
355
525
141
46
25
163
2.960
1.616
372
498
208
47
26
193
3,018
1.628
381
487
250
53
25
194
3,039
1,564
435
552
203
82
27
176
3,043
1,543
442
592
165
82
28
191
3,039
1,503
421
655
152
79
30
199
Communication .
Telephone and telegraph
Radio and television broadcasting
46
47
48
424
403
21
434
411
23
478
451
27
504
476
28
521
492
29
519
488
31
536
502
34
652
616
36
687
645
42
742
694
48
Electric, gas, and sanitary services
Utilities; electric and gas
Local utilities and public services, n.e.c
49
50
51
447
423
24
467
443
24
479
454
25
447
422
25
396
373
23
377
353
24
385
359
26
459
429
30
501
469
32
537
Transportation and public utilities
Wholesale trade
52
1,942
2,015
2,136
2,041
1,912
1,936
2,052
2,419
2,620
2,642
Retail trade and automobile services
53
6,440
6,763
7,126
6,916
6,648
6,598
6,862
7,973
8,376
8,639
Finance, insurance, and real estate
54
1,560
1,611
1,647
1,636
1,575
1,561
1,602
1,813
1,864
1,890
55
56
57
289
77
105
297
73
113
310
64
122
320
54
114
329
50
93
337
50
85
344
52
88
375
66
102
393
61
111
407
63
125
58
59
60
414
181
494
425
180
523
435
182
534
428
181
539
406
172
525
392
166
531
404
171
543
475
204
591
513
210
576
495
234
566
61
6,396
6,707
6,784
6,926
6,598
6,522
6,549
7,068
7,444
7,650
62
63
64
526
996
20
538
1,050
19
557
1,095
29
561
1,115
47
573
1.090
58
584
1.053
41
584
1,073
26
632
1,210
30
636
1243
36
636
1240
65
66
67
68
69
70
74
290
300
179
223
813
242
318
328
86
2,075
296
293
181
240
841
244
321
390
94
2200
314
320
191
256
861
245
326
427
106
2,057
310
328
200
255
878
228
333
448
131
2.092
305
378
211
234
894
211
340
455
110
1.739
320
394
221
232
895
200
344
479
104
1.655
343
399
222
232
892
195
346
493
112
1.632
418
504
236
275
983
210
364
572
131
1.503
455
535
237
284
1,071
212
387
599
144
1,605
480
525
231
291
1,141
210
492
647
183
1.574
Banking
Security and commodity brokers, and services .
Credit agencies (other than banks) and holding
and other investment companies.
Insurance carriers
Insurance agents and brokers, and services ....
Real estate
Services
;
Hotels and other lodging places
Personal services
Commercial and trade schools and employment
agencies.
Business services
Miscellaneous repair services
Motion pictures
Amusement and recreation services
Health services
Legal services
Educational services, n.e.c
Membership organizations
Miscellaneous professional services
Private households
Government
Federal
General government
Civilian, except work relief
Military2
Work relief
Government enterprises
State and local
General government
Public education
Nonschool, except work relief.
Work relief
Government enterprises
Rest ot the world
71
72
73
75
6,172
6,310
7,341
9,773
14,868
17,137
17,012
8,759
6,762
6312
76
77
78
79
3,312
2,937
560
381
6,906
6.457
1.702
4.154
601
449
2,867
2,714
1245
1,467
2
12.078
11.573
2.497
9,029
47
505
2.790
2,635
1227
1.408
14.217
13.722
2.420
11.302
5,770
5.195
1.758
3.437
3.528
3,018
1,356
1,632
3,460
2.922
1.378
1.544
375
2,860
2,732
1,224
1,497
11
128
4,419
3,988
944
1,680
1 364
'431
2,922
2,764
1.249
1,509
6
14,366
13.885
2.520
11,365
81
82
83
84
85
86
87
3,412
3,023
642
592
1 789
"389
2,898
2,752
1235
1,506
H
481
2,771
2.622
1216
1,406
495
2,795
2.647
1.224
1,423
575
2,989
2.832
1.276
1,556
510
3234
3,057
1,364
1,693
538
3.352
3.141
1.418
1.723
146
158
153
155
149
148
157
177
211
88
1
2
3
5
-21
-55
-66
-47
-5
7
n.e.c. Not elsewhere classified.
1. Equals the number of full-time equivalent employees (table 6.5) plus the number of self-employed persons
(table 6.7). Unpaid family workers are not included.
2. Includes Coast Guard.
3. Included in anthracite mining (line 9).
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
n
4. Included in lumber and base timber products (line 16).
5. Induded with iron and steel and their products, including ordnance (line 19).
6. Induded with educational services, n.e.c. (line 71).
NOTE.—Estimates in part A of this table are based on the 1942 Standard Industrial Classification (SIC); and estimates in part B. including 1948, are based on the 1972 SIC.
Table 6.8B.—Persons Engaged in Production by Industry: 1948-58
[Thousands]
Line
1949
1948
1954
1953
1952
1951
1950
1956
1955
1957
1
58,308
56,904
58,596
62,311
63,389
64,169
62,197
63,228
64,380
64,646
Domestic Industries
2
58,301
56,919
58,600
62,366
63,457
64,247
62,324
63,366
64,522
64,779
Private industries
3
51,489
49,641
51,095
53,024
53,335
54,152
52,383
53,530
54,586
54,643
Agriculture, forestry, and fisheries
Farms
Agricultural services, forestry, andfisheries.
4
5
6
6,625
6,350
275
6,440
6,171
269
6,402
6,127
275
6,022
5.735
287
5,879
5,580
299
5,696
5,402
294
5,713
5,420
293
5,237
288
5251
4,962
289
5,010
4,724
286
Mining .
Metal mining .
Coal mining ..
Oil and gas extraction .
Nonmetallic minerals, except fuels .
7
8
9
10
11
1,028
105
544
277
102
956
98
485
271
102
957
100
479
274
104
972
107
451
302
112
949
108
407
320
114
908
112
352
328
116
833
106
277
334
116
835
109
259
347
120
873
116
270
360
127
869
117
264
362
126
Construction
12
3,305
3,155
3,415
3,628
3,601
3,528
3,394
3,463
3,580
3,525
Manufacturing
13
15,961
14,777
15,508
16,665
16,904
17,652
16,378
16,852
17,121
17,077
Durable goods
Lumber and wood products .
Furniture and fixtures .
Stone, clay, and glass products
Primary metal industries
Fabricated metal products —
Machinery, except electrical
Electric and electronic equipment
Motor vehicles and equipment
Other transportation equipment .
Instruments and related products
Miscellaneous manufacturing industries .
14
15
16
17
18
19
20
21
22
23
24
25
8,591
964
359
576
1,234
1,104
1,432
977
758
473
273
441
7,727
847
333
536
1,087
1.001
1,234
841
734
459
250
405
8,317
911
379
567
1,188
1,101
1259
964
798
454
273
423
9,336
965
371
605
1299
1210
1,514
1,088
837
699
323
425
9,645
907
373
585
1229
1235
1,593
1,173
780
1,001
352
417
10,300
878
380
595
1,310
1,341
1,614
1,304
901
1,147
384
446
9,319
801
350
565
1,168
1218
1,456
1,173
767
1,038
362
421
9.709
837
373
594
1270
1,280
1,480
1219
876
991
367
422
9.954
824
380
608
1,304
1,301
1,589
1291
786
1,056
390
425
9,935
747
378
597
1,298
1,315
1,592
1,314
757
1,127
403
407
Nondurable goods
Food and kindred products
Tobacco manufactures
Textile mill f
Apparel and other textile products ..
Paper and allied products
Printing and publishing .
Chemicals and allied products
Petroleum and coal products .
Rubber and miscellaneous plastics products
Leather and leather products
26
27
28
29
30
31
32
33
34
35
36
7,370
1,840
100
1,333
1,233
471
804
637
220
323
409
7,050
1.805
102
1,190
uoo
452
794
603
214
298
392
7,191
1,800
97
1247
1215
483
796
621
216
321
395
7,329
1,829
105
1224
1214
505
810
691
227
346
378
7259
1,813
104
1,144
1219
498
812
712
231
347
379
7,352
1,800
104
1,135
1235
524
823
750
235
367
379
7,059
1,761
101
1,022
1,165
523
823
733
232
339
360
7,143
1,745
99
1,027
1,187
538
830
749
231
367
370
7,167
1,747
95
1,002
1,181
555
841
777
229
375
365
7,142
1,738
92
959
1,168
556
859
797
232
379
362
Persons engaged in production1
37
4,318
4,135
4,172
4,377
4,390
4,438
4226
4283
4,389
4,377
Transportation .
Railroad transportation
Local and interurban passenger transit
Trucking and warehousing
Water transportation .
Transportation by air
Pipelines, except natural gas
Transportation services
38
39
40
41
42
43
44
45
3,039
1,503
424
655
257
91
30
79
2,847
1,349
408
659
238
89
29
75
2,899
.1,373
389
720
228
88
27
74
3,063
1,432
385
785
255
97
28
81
3,046
1,382
380
811
249
111
29
84
3,054
1,359
372
851
242
117
28
85
2,841
1205
350
835
225
119
27
80
2,882
1,196
332
883
235
128
26
82
2,936
1.183
324
930
244
147
26
82
2,900
1,117
322
939
253
163
26
80
Communications „
Telephone and telegraph .
Radio and television
46
47
48
742
694
48
739
688
51
720
666
54
750
691
59
776
715
61
804
739
65
802
731
71
814
741
73
860
784
76
879
800
79
Electric, gas, and sanitary services .
49
537
549
553
564
568
580
583
587
593
598
50
2,839
2,783
2,818
2,980
3,056
3,103
3,092
3,164
3,307
3,318
Retail trade
51
7,851
7,839
7,971
8,302
8,409
8,483
8,379
8,593
8,820
8,867
Finance, insurance, and real estate .
Banking „
Credit agencies other than banks .
Security and commodity brokers ...
instance carriers .
Insurance agents, brokers, and service .
Real estate .
Holding and other investment offices
52
53
54
55
56
57
58
59
1,855
407
110
66
495
162
603
12
1368
411
117
64
519
171
574
12
1,941
419
131
69
546
181
584
11
2,045
448
142
74
572
197
600
12
2,141
473
155
78
603
212
606
14
2247
497
168
80
645
226
617
14
2,349
513
180
84
675
248
633
16
2,433
530
197
96
702
246
645
17
2525
555
217
105
734
250
646
18
2,594
587
223
106
778
257
623
20
Services .
Hotels and other lodging places .
Personal services
Business services .
Auto repair, services, and parking .
Miscellaneous repair services
Motion pictures..
Amusement and recreation services .
Health services
Legal services .
Educational services .
Social services and membership organizations ,
Social services
Membership organizations
Miscellaneous professional services .
Private households
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
7,707
634
1,243
382
340
266
230
292
1,132
217
462
678
7,688
605
1216
383
325
249
228
288
1,160
227
469
717
7,911
606
1209
395
312
248
224
283
1222
237
473
737
8,033
630
1210
422
305
264
219
276
1,272
242
470
766
8,006
645
1200
451
307
272
212
269
1,305
244
469
782
8,097
665
1,187
481
305
262
202
271
1,354
249
477
816
8,019
653
1,173
496
301
244
197
267
1,402
252
485
840
8,382
634
1,168
542
311
253
192
273
1,455
253
505
886
8,720
642
1.185
604
324
261
187
278
1,520
257
519
927
9,006
656
1,221
653
336
270
181
281
1,600
262
557
257
1,574
250
1.571
255
1,710
290
1,667
326
1,524
345
1,483
348
1,361
362
1,548
409
1,607
434
1,589
Transportation and public utilities
Wholesale trade
Government .
.............
*
966
76
6,812
7278
7,505
9,342
10,122
10,095
9,941
9,836
9,936
10,136
Federal
General government .
Civilian
Military
Government enterprises
77
78
79
80
81
3,460
2,922
1,378
1,544
538
3,684
3,114
1,397
1,717
570
3,783
3230
1,417
1,813
553
5,535
4,957
1.753
3204
578
6,175
5,555
1,843
3,712
620
5,989
5,390
1,760
3,630
599
5.669
5.070
1,643
3,427
599
5,393
4,796
1,651
3,145
597
5270
4,667
1,678
2,989
603
5,263
4,641
1,674
2.967
622
State and local .
General government .
Education
Other.
Government enterprises..
82
83
84
85
86
3,352
3,141
1,418
1,723
211
3,594
3,373
1,491
1,882
221
3,722
3,488
1,536
1,952
234
3,807
3,561
1,581
1.980
246
3,947
3,663
1,655
2.008
284
4,106
3,814
1,732
2,082
292
4272
3,979
1.812
2,167
293
4,443
4,143
1,915
2228
300
4,666
4,364
2,021
2,343
302
4,873
4.568
2.128
2.440
305
87
7
-15
-4
-55
-68
-78
-127
-138
-142
*Mtofl»wortd
1. E a a b I N number of fuJ-time equivalent employees (table 6.5) plus the number of self-employed persons
fltfUtiT).
tanly
workers are not included.
2. Indudw Co«t G u v l
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
note.—Estimates in part A of this table are based on the
mates in part B, including 1948, are based on the 1972 SIC.
Table 6.9B.—Hours Worked by Full-Time and Part-Time Employees by Industry: 1948-58
[Millions of hours]
Line
Hours worked by full-time and part-time
employees.
1948
1949
1950
1951
1952
1954
1953
1955
1957
1956
1958
1
99,242
95,738
100,197
108,671
110,912
112,346
107,878
111,412
113*818
113,494
109,908
Domestic industries
2
99,227
95,769
100,205
108,785
111,053
112,508
108,142
111,699
114,113
113,771
110,174
Private Industries
3
85,994
81,615
85,610
90,507
91,235
92,832
88,794
92,621
94,903
94209
90,561
4
5
6
6,159
5,870
289
5,720
5,434
286
5,949
5,656
293
5,778
5,465
313
5,557
5237
320
5,370
5,064
306
5,064
4,758
306
4,997
4,693
304
4,663
4,350
313
4,442
4,129
313
4.464
4,157
307
Agriculture, forestry, and fisheries
Farms
Agricultural services, forestry, and fisheries
Mining
7
1,897
1,638
1,713
1,766
1,718
1,657
1,487
1.572
1,657
1.625
1,415
Construction
8
4,537
4,278
4,701
5,323
5,496
5,333
5224
5,498
5,831
5.611
5,438
Manufacturing
Durable goods
Nondurable goods
9
10
11
30,409
16,411
13,998
27,750
14,469
1328t
30,123
16,213
13.910
32,600
18,385
14,215
33219
19,003
14216
34,716
20243
14,473
31.815
17.956
13,859
33,621
19241
14,380
34,139
19.673
14,466
33.570
19,373
14,197
30,636
17,063
13,573
12
13
14
15
8,506
6,113
1,367
1,026
7,931
5,543
1,347
1,041
7.848
5,466
1,330
1,052
8266
5,789
1,394
1,083
8233
5.720
1,429
1,084
8,330
5,730
1,493
1,107
7546
5,336
1,500
1,110
8,140
5,471
1,550
1.119
8,338
5,558
1,639
1,141
8.285
5,481
1,658
1,146
7,735
5,025
1,549
1,161
Transportation and public utilities
Transportation
Communications
Electric, gas, and sanitary services
..
Wholesale trade
16
5.461
5,282
5,304
5,608
5,701
5,749
5,684
5318
6,037
6,058
6,021
Retail trade
17
13,213
13,210
13,563
14.362
14,449
14,465
14,371
14,712
15,064
15,035
14,855
Finance, insurance, and real estate
18
3,280
3,327
3,469
3,620
3,750
3,896
4,023
4212
4,390
4,488
4,575
Services
19
12,532
12,479
12,940
13,184
13,112
13,316
13,180
14,051
14,764
15.095
15.422
20
21
22
13,233
11,747
1,486
14,154
12,585
1,569
14,595
13,032
1,563
18,278
16,646
1,632
19,818
18,028
1,790
19,676
17,926
1,750
19,348
17,597
1,751
19,078
17,318
1,760
19,210
17.437
1,773
19,562
17,748
1.814
19,613
17,748
1,865
23
15
-31
-8
-114
-141
-162
-264
-287
-295
-277
-266
Government
General government
Government enterprises
Rest of the world
NOTE.—Estimates in this table are based on the 1972 Standard Industrial Classification (SIC).
Table 6.10B.—Employer Contributions for Social Insurance by Industry: 1948-58
[Millions of dollars]
Employer contributions for social Insurance
Domestic Industries
...
Private Industries
Agriculture, forestry, and fisheries
Mining
„,„.
Construction
......
1949
1948
Line
1951
1950
1952
1954
1953
1957
1956
1955
1958
1
3,834
4,341
4,525
5,378
5,543
5,574
6,010
6,764
7,690
8,793
9,067
2
3,834
4,341
4,525
5,378
5,543
5,574
6,010
6,764
7,690
8,793
9,067
3
2,464
2,485
3225
3,867
3,906
3,999
4,331
4,792
5,306
5*835
5,649
4
5
5
8
19
21
22
28
42
45
50
63
5
72
64
82
97
97
93
97
110
123
129
113
6
212
210
282
351
358
373
419
448
503
542
496
Manufacturing
Durable goods
Nondurable goods
7
8
9
1.020
583
437
992
549
443
1,347
728
619
1,676
963
713
1,678
983
696
1,735
1,024
711
1,815
1,056
759
2.039
1211
828
2205
1,331
874
2,405
1,455
950
2289
1,353
936
Transportation and public utilities
Transportation
Communications
Electric, gas, and sanitary services
10
11
12
13
479
413
41
25
479
402
47
30
543
443
60
40
602
487
67
48
617
499
70
48
612
498
67
47
616
487
77
52
676
540
82
54
768
617
93
58
826
655
105
66
759
587
101
7t
Wholesale trade
Retail trade
...
14
155
161
214
256
258
249
294
319
360
409
413
15
292
319
411
447
450
464
520
568
635
706
723
Finance, insurance, and real estate
16
72
83
120
142
143
146
178
195
220
253
256
Services
17
157
172
218
277
284
305
364
395
447
515
537
Government
18
1,370
1,856
1,300
1,511
1,637
1,575
1,679
1,972
2^84
2*958
3,418
Rest of the world
19
*
* *
NOTE.—Estimates in this table are based on the 1972 Standard Industrial Classification (SIC).
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
Table 6.11B.-Other Labor Income by Industry and by Type: 1948-58
[Millions of dollars]
1949
Line
2,715
Other labor Income
2338
3,654
4,626
5,187
1957
1956
1955
1954
1953
1951
1950
5,876
6,115
7322
8,048
By industry
Domestic Industries
2,715
2,933
3,654
4,626
5,187
5,876
6,115
7322
8,048
9,039
Private Industries
2,699
2,922
3,637
4,609
5,169
5,857
6,080
6364
7,986
8373
10
11
11
11
12
12
13
16
17
21
153
151
219
249
245
276
251
284
338
340
Agriculture, forestry, and fisheries
Mining
198
195
199
245
277
314
326
364
397
459
1,289
635
654
1,429
691
738
1,965
1,1 B9
776
2,658
1,617
1,041
3,016
1,841
1,175
3,445
2,151
1294
3,533
2,080
1.453
4,122
2,583
1,539
4,810
3,116
1,694
5,350
3,453
1,897
Transportation and public utilities
Transportation
.
Communications
Electric, gas, and sanitary services
432
160
145
107
469
195
156
118
517
208
171
138
606
251
186
169
682
293
205
184
748
330
228
190
789
335
234
220
852
382
232
238
952
429
247
276
1,071
504
267
300
Wholesale trade
110
115
133
161
169
190
203
256
287
352
Retail trade
196
208
229
249
272
297
326
362
393
489
Finance, insurance, and real estate ...
193
218
226
257
308
359
413
452
504
552
Services
118
126
138
173
216
226
256
288
339
Government
16
16
17
17
19
35
58
62
66
2314
2,828
3334
4,499
5,049
5,726
5351
6,845
7,856
8,839
1,196
614
444
170
804
0
1,262
762
551
211
804
0
1,713
1,030
745
285
791
0
2262
1,320
991
329
917
0
2,543
1,476
1,115
361
1,030
0
2,861
1,737
1,316
421
1,128
0
2,903
1,919
1,454
465
1,129
0
3,377
2267
1,706
561
1.150
51
3,757
2,726
2,058
668
1,243
130
4,153
3206
2,440
766
1,312
168
110
120
127
138
150
164
177
192
200
Construction
Manufacturing
Durable goods
Nondurable goods
Rest of the world
By type
Employer contributions to private pension and
welfare funds.
Pension and profit-sharing
Group insurance
Group health insurance
Group life insurance
Workers' compensation
Supplemental unemployment .
Other'
101
Addenda:
Benefits paid by private pension and welfare
funds.
Pension and profit-snaring
Group health insurance
Group life insurance
Workers" compensation
Supplemental unemployment
490
507
2,124
2,705
3,088
3,530
3,895
4,436
5226
5,988
370
886
326
542
450
1242
380
633
520
1,456
425
687
620
1,703
485
722
710
1,905
541
739
850
2210
1.000
2,686
1,140
3.102
835
891
20
608
841
5
768
1. Consists largely of directors" fees.
NOTE—Estimates in this table are based on the 1972 Standard Industrial Classification (SIC).
Table 6.12A.—Nonfarm Proprietors' Income by Industry: 1929-48
[Millions of dollars]
Line
1929
1931
1930
1932
1934
1933
Nonfarm proprietors' income
1
8341
6342
5383
3,421
3,997
4308
Agricultural services, forestry, and fisheries
2
66
65
60
48
44
44
Mining
3
66
35
-15
10
5
32
Contract construction
4
1,128
866
606
234
193
310
Manufacturing
Durable goods
Nondurable goods
5
6
7
588
201
387
313
99
214
146
36
110
47
5
42
226
47
179
267
72
195
Transportation and public utilities
Transportation
Communication
Electric, gas. and sanitary services
8
9
10
11
228
219
3
6
219
210
3
6
190
183
2
5
162
159
1
2
155
154
0
t
174
171
1
2
1938
1937
1936
1935
6,887
7321
6,772
52
51
66
60
40
62
86
59
379
617
584
607
322
98
224
425
142
283
385
161
224
285
97
188
197
194
1
2
219
215
2
2
238
231
3
4
235
228
3
4
5,648
Wholesale trade
12
419
302
216
118
191
268
326
430
452
Retail trade and automobile services
13
2,589
1,781
1221
602
1,093
1,563
1,864
2.321
2,559
446
^303
Finance, insurance, and real estate
14
843
524
359
283
367
303
358
412
420
381
Services
Health services
Legal services
Other
15
16
17
18
3,014
1,148
572
1294
2,837
1,078
558
1201
2,500
928
575
997
1,917
698
471
748
1.723
636
448
639
1,947
716
489
742
2,110
768
507
835
2,350
868
526
956
2,531
894
550
1,087
2.396
EW
532
999
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
Table 6.12A.—Nonfarm Proprietors' Income by Industry: 1929-48—Continued
[Millions of dollars]
line
Nonfarm proprietors' income
1939
1940
1941
1942
1943
1944
1945
1947
1946
1948
1
7,670
8,640
11,652
14*470
17,170
18,309
19,330
23,343
21,830
jricultural services, forestry, and fisheries
2
61
66
75
98
110
132
149
172
194
246
70
69
98
127
167
164
130
165
271
399
23,187
ming
3
jntract construction
4
642
687
950
1,241
1,117
989
1,089
1,723
2,121
2,649
anutacturing
Durable goods
Nondurable goods
5
6
7
419
148
271
527
236
291
993
448
545
1,447
620
827
1,887
785
1,102
2,206
928
1278
2,369
928
1,441
2,307
899
1,408
1,667
767
900
1,466
691
775
asportation and public utilities
Transportation
Communication
Electric, gas, and sanitary services
8
9
10
11
255
248
3
4
290
283
3
4
367
357
4
6
428
416
5
7
492
477
6
9
483
464
7
12
454
431
8
15
510
486
7
17
581
555
s
18
626
600
B
18
fholesale trade
12
505
601
893
1,188
1,471
1,640
1,745
2,331
1,821
1.670
etail trade and automobile services
13
2,790
3,315
4,820
5,981
7,325
7,592
7,956
9,775
8,690
8,786
ranee, insurance, and real estate
14
417
439
488
533
644
722
902
1,038
971
1,177
ervices .
Health services
Legal services
Other
15
16
17
18
2,511
905
554
1,052
2,646
951
579
1,116
2,968
1,018
615
1,335
3,427
1,166
647
1,614
3,957
1246
669
2,042
4,381
1,496
719
2,166
4,536
1,528
763
2245
5,322
1,890
773
2,659
5,514
2,131
828
2,555
6,168
2,487
949
2.732
NOTE.—Estimates in part A of this table are based on the 1942 Standard Industrial Classification (SIC); and estilates in part B, including 1948, are based on the 1972 SIC.
Table 6.12B.—Nonfarm Proprietors' Income by Industry: 1948-58
[Millions of dollars]
Line
Nonfarm proprietors' Income
1948
1949
1951
1950
1952
1953
1954
1
23,187
22,197
25,688
27,772
28,545
29,894
agricultural services, forestry, and fisheries
2
328
347
377
419
454
fining
3
402
289
296
308
1955
1956
1957
1958
33,614
35,478
37,320
477
30,401
524
538
557
565
578
278
300
293
341
406
415
374
37,745
Construction
4
2,693
2,679
3201
3.341
3.530
3,562
3.361
3.670
3,874
4,166
3,988
•lanufacturing
Durable goods
Nondurable goods
5
6
7
1,832
837
995
1,587
712
875
2.068
1,072
996
2,209
1,190
1,019
2,134
1,114
1,020
2,176
1,137
1,039
1,990
1,004
986
2,126
1,148
978
2.189
1,226
963
2.101
1,153
948
1,958
1,026
932
Transportation and public utilities
Transportation
Communications
Electric, gas, and sanitaty services
8
9
10
11
626
600
8
18
623
598
8
17
736
693
11
32
844
780
14
50
907
833
18
56
988
894
19
75
1,055
939
22
94
1,070
948
19
103
1,124
989
19
116
1216
1.046
18
152
1.262
1.067
46
149
iVholesale trade
12
1,884
1,678
2,357
2.578
2,425
2,604
2,338
2.891
3.257
3,375
3.306
detail trade
13
8,126
7,449
7,919
8,653
8,674
8.685
9.056
9,118
9,290
9,534
9.460
r
mance, insurance, and real estate
14
1,133
1,315
1,823
1,908
2,082
2279
2,586
3,145
3269
3.524
3.695
Services
Hotels and other lodging places
Personal services
Business services
Auto repair, services, and parking
Miscellaneous repair services
Motion pictures
Amusement and recreation services
Health services
Legal services
Other1
15
16
17
18
19
20
21
22
23
24
25
6,163
252
1,005
271
277
307
65
134
2,405
949
498
6,230
253
1,012
273
279
310
65
135
2,388
1,014
501
6,911
271
1,108
365
332
356
78
141
2.587
1,096
577
7,512
277
1,155
444
399
373
88
139
2,796
1,194
647
8,061
282
1,193
555
407
407
85
156
3.036
1236
704
8,823
277
1,259
660
458
444
80
223
3,346
1,307
769
9,198
278
1298
750
509
488
98
249
3.211
1,444
673
10,715
307
1,355
843
607
495
80
275
4,168
1,581
1,004
11,512
310
1.460
929
723
533
72
293
4,394
1.606
1,192
12.424
298
1.638
978
683
563
50
258
4.790
1,732
1,434
13,124
287
1.638
995
747
558
73
279
5,167
1,800
1,580
1. Consists of educational services* social services; museums botanical, zoological gardens; membership organiations: and miscellaneous services. '
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
NOTE,—Estimates in part A of this table are based on the 1942 Standard Industrial Classification (SIC); and estimates
part B, including 1948, are based on the 1972 SIC.
Table 6.13A.—Noncorporate Capital Consumption Allowances by Industry: 1929-47
[Millions of dollars]
line
1935
1934
1933
1932
1931
1930
1929
1937
1936
1
2,865
2,924
2,951
2,906
2,784
2,763
2,776
2,841
2,922
3,001
Agriculture, forestry, and fisheries .
Farms .
Agricultural services, forestry, and fisheries .
2
3
4
682
672
10
698
687
11
691
683
8
676
660
16
637
628
9
613
602
11
598
589
9
599
591
8
620
612
8
631
Mining
5
39
44
38
37
30
35
36
37
37
42
Contract construction ,
6
75
76
75
71
52
47
45
47
49
44
Manufacturing
Durable goods
Nondurable goods .
7
8
9
75
51
24
80
56
24
83
60
23
81
61
20
72
56
16
61
46
15
57
41
16
56
39
17
54
37
17
44
Transportation and public utilities ..
Transportation
Communication .
Electric, gas, and sanitary services ,
10
11
12
13
61
60
0
1
63
62
0
1
65
64
0
1
59
58
0
1
47
46
0
1
47
46
0
1
47
46
0
1
49
47
0
2
56
54
0
2
64
Wholesale trade
14
46
49
45
37
33
41
45
49
48
40
Retail trade and automobile services .,
15
200
187
199
169
146
146
148
156
181
182
Finance, insurance, and real estate ....
Finance and insurance
Real estate .
Owner-occupied nonfarm housing .
Other
16
17
18
19
20
1.584
13
1,571
674
897
1.616
14
1.602
695
907
1,649
16
1,633
708
925
1,664
17
1,647
714
933
1,669
24
1.645
715
930
1,670
21
1,649
717
932
1,690
21
1,669
723
946
1,736
22
1.714
733
981
1,756
21
1,735
746
989
1,790
1,772
21
103
111
105
112
98
103
110
112
121
139
Noncorporate capital consumption allowances
1942
1940
Noncorporate capital consumption allowances
18
762
1,010
3,623
3,734
3,814
3,940
4,330
5,263
698
690
747
738
9
767
755
12
807
794
13
874
857
17
979
956
23
119
8
8
45
46
59
77
65
83
95
Contract construction
45
44
47
45
37
50
71
106
Manufacturing
Durable goods
Nondurable goods
58
40
56
38
163
182
38
61
18
18
21
37
127
76
51
93
70
99
83
Transportation and public utilities
Transportation
Communication
Electric, gas, and sanitary services
66
75
67
97
87
100
59
89
109
97
117
103
132
115
0
0
0
11
0
12
0
169
227
124
103
8
0
10
14
1
16
20
242
214
3
25
38
53
79
94
78
123
158
191
202
234
315
332
348
442
629
1,812
18
1.879
1.984
1,990
23
1,989
863
26
22
1,857
803
1,054
1,993
19
1,974
854
2,012
1,794
780
1,014
1,951
23
1.928
831
1,097
1,958
1,120
1,126
1,090
1,968
878
1,090
2,031
191
1,840
938
902
2.245
18
2,227
1,076
1,151
136
163
200
235
231
242
249
314
495
7
Wholesale trade
22
NOTE.—Estimates in part A of this table are based on the 1942 Standard Industrial Classification (SIC); and estimates in part B are based on the 1972 SIC.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
4
3,385
45
Services
60
0
3,165
Mining
Finance, insurance, and real estate
Finance and insurance
Real estate
Owner-occupied nonfarm housing
Other
18
649
641
734
725
9
Retail trade and automobile services
62
3,041
663
656
7
Agriculture, forestry, and fisheries
Farms
Agricultural services, forestry, and fisheries
7
1946
1945
1944
1943
638
868
159
136
3
Table 6.13B.—Noncorporate Capital Consumption Allowances by industry: 1948-58
[Millions of dollars]
Line
Noncorporate capital consumption allowances
Agriculture,forestry,and fisheries
Farms
Agricultural services, forestry, and fisheries
.......
...
fining
Manufacturing
Durable goods
Nondurable goods
—
Transportation and public utilities
Transportation
Communications
Electric, gas, and sanitary services
1948
1949
1950
1951
1952
1953
1954
1955
1957
1956
1
6,181
7233
8,108
9,155
10,034
10,855
11,626
12,382
2
3
4
1,179
1,148
31
1.416
1.377
39
1.659
1,615
44
1,895
1,843
52
2,109
2,048
61
2294
2,230
64
2,464
2,393
71
2,608
2.522
86
1958
13,630
14,531
15,181
2.718
2,624
94
2.790
2.686
104
2381
2.752
129
5
165
166
182
214
223
246
266
306
357
317
344
6
225
282
331
378
422
454
484
563
634
627
648
7
8
9
278
142
136
324
171
153
340
187
153
384
221
163
393
230
163
407
239
168
385
226
159
422
253
169
426
253
173
450
286
164
416
235
181
10
11
12
13
264
225
5
34
302
256
6
40
314
259
9
46
344
282
11
51
354
282
14
58
365
286
16
63
357
270
18
69
418
324
19
75
501
399
20
82
578
467
22
89
596
483
22
91
Wholesale trade
14
259
242
286
360
366
391
366
415
466
517
498
Retail trade
15
650
916
982
1,038
1,219
1,308
1255
1,172
1,305
1.346
1,357
Finance, insurance, and real estate
Finance and insurance
Real estate
Owner-occupied nonfarm housing
Other
16
17
18
19
20
2,524
24
2,500
1273
1227
2,838
32
2,806
1,479
1,327
3223
39
3,184
1,711
1,473
3.677
48
3,629
1,976
1,653
4,047
54
3,993
2230
1,763
4,529
61
4,468
2.496
1,972
4,935
66
4,869
2,777
2092
5,439
86
5,353
3,100
2253
5,943
84
5,859
3,449
2,410
6,522
100
6,422
3,788
2,634
7.012
98
6.914
4,114
2,800
Services
Hotels and other lodging places
Personal services
Business services
Auto repair, services, and parking
Miscellaneous repair services
Motion pictures
Amusement and recreation services
Health services
legal services
Other1
21
22
23
24
25
26
27
28
29
30
31
637
113
136
49
0
43
19
78
152
25
22
747
139
157
59
0
50
21
91
175
30
25
791
153
166
65
0
52
21
94
178
34
28
865
170
178
77
0
59
22
96
194
37
32
901
177
183
82
0
62
22
98
206
39
32
861
168
178
82
0
60
21
93
194
37
28
1,114
216
228
111
0
71
25
130
249
49
35
1,039
199
206
112
0
64
21
126
231
46
34
1280
228
226
130
95
73
30
145
265
50
38
1.384
281
227
129
129
73
29
133
283
57
43
1,429
280
250
112
94
74
39
135
335
67
43
1. Consists of educational services; social services; museums, botanical, zoological gardens; membership organimations; and miscellaneous services.
NOTE.—Estimates in part A of this table are based on the 1942 Standard Industrial Classification (SIC); and estimates in part B are based on the 1972 SIC.
Table 6.14A.—Inventory Valuation Adjustment to Nonfarm Incomes by Legal Form of Organization and Industry: 1929-47
[Millions of dollars]
Line
1930
1929
1932
1931
1934
1933
1937
1936
1935
1938
1
614
4,015
3,025
1342
-2,668
-679
-277
-858
-60
1,184
2
472
3260
2,414
1347
-2,143
-625
-227
-738
-31
963
Mining
3
5
122
64
23
-67
-4
-9
-16
0
11
Contract construction
4
3
30
23
11
-22
0
-1
-3
-7
4
Manufacturing
Durable goods
Nondurable goods
5
6
7
301
7
294
2215
733
1,482
1,585
655
191
464
-1.340
-378
-962
-457
-144
-313
-161
-42
-119
-478
-113
-365
-11
-402
391
619
174
445
6
11
7
1
3
89
53
8
28
79
46
8
25
40
24
4
-87
9
10
11
12
-52
-8
-27
-21
-12
-2
-7
-5
-1
-2
-15
-9
-1
-5
-47
-28
-4
-15
20
11
2
7
Wholesale trade
12
78
432
315
140
-281
-128
-7
-162
107
158
Retail trade and automobile services
13
74
372
348
178
-346
-15
-41
-64
-73
151
Other
14
0
0
0
0
0
0
0
0
0
0
15
142
755
611
295
-525
-54
-50
-120
-29
221
Inventory valuation adjustment to nonfarm incomes
Corporate business
Transportation and public utilities
Transportation
Communication
Electric, gas. and sanitary services
Noncorporate business
......
494
1,091
Mining
16
1
14
6
2
-4
-1
-1
-1
0
1
Contract construction
17
3
22
18
9
-17
0
-1
-3
-5
3
Manufacturing
Doable goods
Nondurable goods
18
19
20
12
-2
14
85
25
60
60
19
41
36
7
29
-66
-16
-50
-5
-1
-4
-7
0
-7
-13
-4
-9
15
-6
21
18
3
15
Wholesale trade
21
27
149
104
43
-76
-32
-1
-39
33
47
Retail trade and automobile services
22
99
485
423
205
-362
-16
-40
-64
-72
152
Other
23
0
0
0
0
0
0
0
0
0
0
See note at end of table.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
Table 6.14A.—Inventory Valuation Adjustment to Nonfarm Incomes by Legal Form of Organization and Industry: 1929-47—Continued
[Millions of dollars]
Line
Inventory valuation adjustment to nonfarm incomes
Corporate business
1942
1941
1940
1939
1944
1943
1945
1946
1947
-356
-670
-6,968
-7370
-564
-5,263
-5,899
1
-880
-245
-3386
-1371
-929
2
-714
-200
-2,471
-1304
-773
-287
-3
-3
-4
-75
-70
-5
-3
-39
-109
Mining
3
-12
1
-17
-3
Contract construction
4
-4
-6
-14
-3
Manufacturing
Durable goods
Nondurable goods
5
6
7
-471
-86
-385
-135
-107
-28
-1,511
-306
-1205
-726
-147
-579
-552
-41
-511
-206
-35
-171
-413
-164
-249
-3,041
-1,266
-1,775
-3,737
-2.039
-1,698
Transportation and public utilities
Transportation
Communication
Electric, gas, and sanitary services
8
9
10
11
-5
-1
-2
-23
-14
-2
-7
-50
-30
-5
-15
-17
-10
-2
-5
-24
-14
-2
-8
-18
-12
-1
-5
-33
-22
-2
-9
-227
-144
-19
-64
-355
-213
-35
-107
Wholesale trade
12
-121
7
-477
-206
-119
-21
-73
-927
-853
Retail trade and automobile services
13
-98
-44
-402
-249
-71
-34
-38
-954
-775
Other
14
0
0
0
0
0
0
0
0
0
15
-166
-45
-615
-367
-156
-69
-106
-1,705
-1,471
Noncorporate business
Mining
16
-1
0
-2
0
-1
0
-1
-13
-14
Contract construction
17
-3
-7
-12
-4
-4
-3
-3
-40
-109
Manufacturing
Durable goods
Nondurable goods
18
19
20
-28
-6
-22
-4
-8
4
-73
-14
-59
-45
-10
-35
-27
-5
-22
-15
-7
-8
-22
-6
-14
-221
-71
-150
-225
-132
-93
Wholesale trade
21
-38
3
-148
-69
-49
-10
-32
-339
-252
Retail trade and automobile services
22
-96
-37
-380
-249
-75
-41
-48
-1,092
-871
Other
23
0
0
0
0
0
0
0
0
0
NOTE.—Estimates in part A of this table are based on the 1942 Standard Industrial Classification (SIC); and estimates in part B are based on the 1972 SIC.
Table 6.14B—Inventory Valuation Adjustment to Nonfarm Incomes by Legal Form of Organization and Industry: 1948-58
Line
1948
1949
1950
1951
1952
1953
1954
1958
1957
1956
1955
1
-2,562
2319
-6,059
-1,526
1,182
-1,165
-367
-1334
-3,195
-1339
-311
2
-2,152
1,856
-4365
-1,199
981
-997
-318
-1,736
-2,693
-1,539
-255
Mining
3
-61
31
-49
-9
-11
-37
0
-43
-19
-8
3
Construction
4
-42
24
-72
-12
-3
-14
-43
-16
3
-12
Manufacturing
Durable goods
Nondurable goods
5
6
7
-1,442
-1,624
182
1,107
377
730
-3,183
-1270
-1,913
-601
-722
121
654
-118
772
-692
-784
92
-315
-300
-15
-1,348
-1315
-33
-1,645
-1,386
-259
-949
-552
-397
-194
-305
111
Transportation and public utilities
Transportation
Communications
Electric, gas, and sanitary services
8
9
10
11
-241
-151
-18
-72
127
59
13
55
-211
-100
-20
-91
-107
-78
-5
-24
-19
2
-67
-46
-17
-17
12
-6
4
16
-151
-47
-41
-63
-158
-55
-39
-64
-28
-34
2
4
-8
-5
-1
-2
Wholesale trade
12
-116
326
-892
-243
258
-82
30
-46
-515
-332
-19
Retail trade
13
-250
241
-558
-227
102
-111
-31
-105
-340
-225
-25
Other
14
0
0
0
0
0
0
0
0
0
0
0
15
-410
463
-1394
-327
201
-168
-49
-198
-502
-300
-56
Mining
16
-12
5
-6
0
0
-1
0
0
0
0
0
Construction
17
-40
23
-67
-10
-4
-7
-10
-33
-14
2
-11
Manufacturing
Durable goods
Nondurable goods
18
19
20
-36
-49
13
56
22
34
-149
-72
-77
-4
-15
11
24
-4
28
-10
-20
10
-7
-8
1
-34
-42
8
-35
-25
-10
-15
-10
-5
-12
-16
4
Wholesale trade
21
-43
98
-254
-70
72
-29
6
-41
-138
-81
-13
Retail trade
22
-279
281
-618
-243
109
-121
-38
-90
-315
-206
-20
Other
23
0
0
0
0
0
0
0
0
0
0
0
Inventory valuation adjustment to nonfarm incomes ...
Corporate business
Noncorporate business
NOTE.—Estimates in part A of this table are based on the 1942 Standard Industrial Classification (SIC); and estimates in part B are based on the 1972 SIC.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
Table 6.15A.-Net Interest by Industry: 1929-47
[Millions of dollars]
NOTE.—Estimates in part A of this table are t
mates in part B are based on the 1972 SIC.
d on the 1942 Standard Industrial Classification (SIC); and esti-
Table 6.15B.-Net Interest by Industry: 1948-58
[Millions of dollars]
Une
Net Interest
Domestic industries
Agriculture,forestry,and fisheries .
Mining
Construction
Manufacturing
Durable goods
Nondurable goods .
Transportation and public utilities .
Transportation
Communications .
Electric, gas, and sanitary services
Wholesale trade
Retail trade
Finance, insurance, and real estate .
Finance
Real estate
Other
Services
Rest of the world
Receipts from the rest
^
Less: Payments to the rest of the world .
1
2
3
4
5
6
7
8
9
10
t1
12
13
14
15
16
17
18
19
20
21
22
1950
1949
1948
2,446
2,284
335
7
15
-5
-32
27
676
319
95
262
21
11
1,181
—1,214
2,442
-47
43
162
269
107
2,660
2,497
379
7
10
-7
-52
45
774
329
135
310
9
22
1,252
-1,367
2,675
-56
51
163
277
114
2,995
2,828
430
17
19
-126
-143
17
783
326
120
337
26
25
1,602
-1,418
3,053
-33
52
167
301
134
NOTE,—Estimates in part A of this table are based on the 1942 Standard Industrial Classification (SIC); and estimates in part B are based on the 1972 SIC.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
3,517
3,293
507
5
44
-81
-117
36
852
329
123
400
65
57
1,779
-1,680
3.522
-63
65
224
384
160
3,846
3,630
566
8
43
20
-19
39
895
323
125
447
55
23
1,959
-1,
3.914
-70
61
216
406
190
4,521
4,309
586
5
27
25
-5
30
947
324
123
500
40
16
2599
-1,734
4,411
-78
64
212
448
236
1956
1955
1953
1951
5,391
5,111
599
12
34
65
-8
73
1,070
332
142
596
73
13
3,156
-1511
5.038
-71
89
280
487
207
6,135
5,875
649
15
51
-31
-84
53
1,138
367
145
626
65
39
3.838
-1,921
5.808
-49
111
260
516
256
6,766
6,616
702
9
58
27
-25
52
1,172
340
152
680
96
43
4,379
-2,148
6,618
-91
130
150
481
331
1957
7,918
7,765
757
17
65 1
148
46
102
1,356
375
196
785
100
44
5,110
-2,491
7,703
-102
168
153
550
397
1958
9,690
9,400
847
31
70
313
157
156
1,586
432
235
919
94
44
6201
-2,412
8,720
-107
214
290
712
422
Table 6.16A.-Corporate Profits by Industry: 1929-47
[Billions of dollars; quarters seasonally adjusted at annual rates]
Line
Corporate profits with inventory valuation and capital
consumption adjustments.
1930
1929
1932
1931
1934
1933
1935
1937
1936
1938
1
102
6.9
24
-.7
-.7
13
3.4
5.6
6.4
U
2
10.0
6.7
2A
-.7
-.7
13
32
5.5
6.1
4.0
Financial
Nonfinancial
3
4
15
8.4
.7
6.1
.5
1.9
.6
-1.3
.7
-1.5
.7
1.1
.7
25
1.1
4.4
1.0
5.1
1.0
3.0
Best ol the world
5
2
.1
0
0
0
6
11.1
7.6
18
-A
Domestic Industries
Corporate profits with inventory valuation adjustment
.1
.1
J2
.3
4
15
43
62
7.4
5.4
7
10.8
74
23
-A
-.4
2A
3.8
6.1
7.1
5.1
Financial
Federal Reserve banks
Other
8
9
10
1.6
0
1.5
.7
0
.7
.5
0
.5
.6
0
.6
.7
0
.7
.7
0
.7
.7
0
.7
1.1
0
1.1
1.0
0
1.0
1.0
0
1.0
Nonfinancial
11
92
6.7
2.3
-1.0
-1.1
1.7
3.1
5.0
6.1
4.1
12
52
3.9
1.3
-.6
-.4
1.0
2.0
3.1
3.8
2.3
13
14
15
16
17
2.6
2.6
1.9
12
1.0
1.4
2.5
12
1.1
.6
-.1
1.4
.6
5
-.1
-1.1
.6
2
-.1
-5
-.6
.1
.1
-.3
-.5
2
.8
.4
.6
-.3
.8
12
.5
A
-.1
1.6
15
.7
1.0
2
1.6
2.1
.8
1.1
.5
.7
1.6
.6
.9
.3
18
2
.1
0
0
0
.1
2
.1
3
J3
Domestic Industries
-
Manufacturing
Durable goods
Nondurable goods
Transportation and public utilities
Wholesale and retail trade and automobile services
Other
-
-
Rest ol the world
Line
Corporate profits with inventory valuation and capital
consumption adjustments.
Domestic Industries
Financial
Nonfinancial
Re$1 ol the world
„,
Corporate profits with inventory valuation adjustment
Domestic Industries
Financial
Federal Reserve banks
Other
1939
1941
1940
1943
1942
1944
1945
1947
1946
1
5.9
92
14.8
20.1
24.3
244
19.8
172
23.1
2
5.6
8.9
144
19.7
23.9
24.0
195
165
22.1
3
4
1.0
4.6
1.1
7.8
12
13.3
12
18.5
1.4
22.6
1.6
22.4
1.7
17.8
2.0
14.5
1.6
205
5
J
.3
A
A
A
4
«3
.7
13
6
6.9
102
15 3
20.8
244
242
195
19.7
263
7
6.6
10.0
155
205
24.4
23.7
19.1
19.0
753
8
9
10
1.0
0
1.0
1.1
0
1.1
12
0
12
1.3
0
1.3
1.4
0
1.4
1.7
.1
1.6
1.7
.1
1.6
2.1
.1
2.0
1.7
.1
1.7
11
5.6
8.8
14.3
19.1
23.0
22.0
17.4
16.9
23.3
Manufacturing
12
3.3
55
95
11.8
13.8
132
9.7
9.0
13.5
Durable goods
Nondurable goods
Transportation and public utilities
Wholesale and retail trade and automobile services
Other
13
14
15
16
17
1.6
1.7
1.0
.8
.4
3.0
25
1.3
1.3
.7
6.3
3.1
2.0
1.5
12
7.1
4.7
35
2.4
1.5
8.0
5.7
4.4
3.1
1.7
7.3
5.9
3.9
3.3
1.7
4.5
52
2.8
3.4
1.6
2.4
6.6
1.9
3.9
22
5.7
75
22
4.7
2.9
18
3
A
A
A
A
2
.7
1.0
Nonfinancial
Rest ot the world
..
....
NOTE.—Estimates in part A of this table are based on the 1942 Standard Industrial Classification (SIC); and estimates in part B are based on the 1972 SIC.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
J&
Table 6.16B.—Corporate Profits by Industry: 1948-58
[Billions of dollars; quarters seasonally adjusted at annual rates]
Une
Corporate profits with inventory valuation and
capital consumption adjustments.
Domestic Industries
Financial
Nonfinancial
Rest of the world
Receipts from the rest of the world
Less; Payments to the rest of the world
Corporate profits with inventory valuation
adjustment.
Domestic Industries
Financial
Federal Reserve banks
Other
Nonfinancial
Manufacturing
Durable goods
Primary metal industries
Fabricated metal products
Machinery, except electrical
Electric and electronic equipment
Motor vehicles and equipment
Other
1
Nondurable goods
Food and kindred products
Chemicals and allied products
Petroleum and coal products
Other
Transportation and public utilities
Wholesale and retail trade
Other
Rest of the world
1948
1949
1950
1951
1952
1953
1954
1955
1957
1956
305
28.4
35.2
402
38.0
38.1
372
47.7
46.4
46.0
412
2
29.3
27.3
34.0
38.4
36.1
36.3
352
45.3
43.6
42.9
38.7
3
4
2.5
26.7
3.1
242
3.1
30.9
3.4
35.0
4.1
32.0
4.5
31.8
4.7
30.5
4.9
40.4
5.1
38.5
5.4
375
5.9
32.8
5
6
7
12
1.7
.4
1.1
1.6
.4
IJS
1.8
.5
1.7
22
.5
IS
2.3
.5
1.8
2.3
.5
2.0
2.4
5
24
2.9
5
28
3.4
.5
3.1
3.6
5
25
3.1
.6
8
33.7
31.4
382
435
41.1
40.6
38.9
48.0
47.6
47.3
425
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
32.4
27
2
2.5
29.8
17.5
7.5
1.6
.8
1.3
.6
1.4
1.8
10.0
1.9
1.7
2.8
3.7
3.0
5.6
3.6
12
30.3
32
2
3.0
27.1
162
8.1
1.5
.7
1.3
.8
2.1
1.7
8.1
1.6
1.8
1.9
2.8
3.0
4.7
3.1
1.1
37.0
32
.2
3.0
33.8
21.0
12.0
2.3
1.1
1.6
12
3.1
2.6
9.0
1.6
2.3
23
2.7
4.1
5.1
3.6
1.3
41.8
3.6
.3
3.3
382
24.7
132
3.1
1.3
2.3
1.3
2.4
2.8
11.4
1.4
2.8
2.8
4.4
4.7
52
3.7
1.7
39.3
42
.3
3.9
35.0
21.7
11.7
1.9
1.0
2.3
1.5
2.4
2.6
10.0
1.8
2.3
23
3.6
5.0
5.0
3.4
1.9
38.8
4.7
.4
4.3
34.1
22.0
12.0
2.5
1.0
1.9
1.4
2.6
2.6
10.0
1.8
22
2.7
3.3
5.0
4.1
3.1
1.8
36.9
4.9
.3
45
32.1
19.9
105
1.7
.9
1.7
12
2.1
2.9
9.5
1.6
22
2.8
2.9
4.7
4.0
3.4
2.0
45.6
5.0
.3
4.7
40.6
26.1
142
2.9
1.1
1.7
1.1
4.1
3.5
11.8
22
3.0
3.0
3.6
5.7
52
3.6
2A
44.8
52
5
4.8
395
24.8
12.8
3.0
1.1
21
12
22
32
12.0
1.8
2.8
3.3
4.1
5.9
4.7
4.1
2.8
442
55
.6
4.9
38.7
24.1
13.4
3.1
1.1
2.0
1.5
2.6
3.1
10.8
1.8
2.8
2.6
3.6
5.9
4.7
4.0
3.1
40.0
6.0
.6
5.4
34.0
195
9.4
1.9
.9
1.5
1.3
.9
2.9
102
2.1
2.5
2.1
3.4
5.9
4.9
3.6
25
•
1950
1949
1948
1951
Line
III
Corporate profits with inventory valuation and
capital consumption adjustments.
Domestic Industries.
Financial
Nonfinancial .
Rest of the world .
Receipts from thrrest o r S ' wrid*"*"
Less: Payments to the rest of the world
Corporate profits with Inventory valuation
adjustment.
Domestic industries
Financial.
Federal Reserve banks..
Other
Nonfinancial
Manufacturing
Durable goods
Primary metal industries ......
Fabricated metal products
Machinery, except electrical
Electric and electronic equipment
Motor vehicles and equipment
Other
Nondurable goods
Pood and kindred products ...
Chemicals and allied products "!
Petroleum and coal products ....
Other.
Transportation and public utilities ..
Wholesale and retail trade
.
Other
Rest of the world ..
i.'.'III"""!
„..
See note at end of table.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
1958
1
IV
I
II
111
IV
1
II
30.4
2&0
29.3
26J0
295
33.1
375
40.7
395
39.6
30.4
292
26.8
282
25.0
28.4
320
362
39.2
38.0
373
262
2.9
27.5
3.1
26.1
3.1
23.7
32
25.0
3.1
21.9
3.1
25.3
3.1
29.0
3.1
33.1
3.1
36.1
3.1
34.8
33
34.6
1J3
12
12
12
1.1
10
1.1
1.1
U
14
15
1.7
312
34.0
335
35.1
334
32.3
28.9
322
38 J)
405
44.1
43.1
435
31 .0
2.3
2
32.8
32.3
2.8
2
2
22
26.6
16.9
72
1.3
.9
1.4
.7
2.3
302
17.4
72
1.5
.8
1.3
.7
1.1
1.1
1.8
9.7
1.5
1.7
1.9
102
1.9
1.6
3.0
3.7
32
5.9
3.6
1.3
2.6
29.4
17.3
7.3
1.7
.7
1.1
.5
1.4
1.9
33.8
3.0
.3
2.7
30.8
18.5
8.3
1.9
.8
322
2.6
312
3.3
2
3.1
27.9
172
9.1
15
.8
1.4
.9
2.7
1.8
8.1
1.6
1.7
1.8
2.9
32
4.6
2.9
1.1
27.9
3.3
2
3.1
24.7
14.9
7.3
.9
.7
12
.9
1.9
1.7
75
1.4
1.9
1.6
2.7
23
4.0
2.9
1.0
31.1
32
2
3.0
27.9
16.6
8.7
1.6
.7
12
t.0
25
1.7
7.8
15
1.9
1.6
29
3.3
4.9
3.1
1.1
34.9
32
2
3.0
31.8
19.3
105
22
.9
15
1.0
3.0
22
8.5
1.5
22
2.0
25
35
5.1
3.5
1.1
392
32
.2
3.0
36.0
22.8
13.6
27
1.3
15
1.4
3.5
2.9
9.1
1.7
25
25
25
4.5
4.9
3.8
U
42.6
3.3
2
3.1
39.4
25.3
15.0
2.9
1.6
2.1
1.6
3.5
3.4
10.3
1.7
2.7
3.1
25
4.7
5.4
3.9
1A
41.6
3.3
2
3.0
38.3
24.3
13.9
3.1
15
2.1
1.4
2.7
32
10.4
1.8
2.6
2.8
32
4.3
6.0
3.7
15
415
3.4
.3
3.1
37.9
24.7
13.3
3.3
1.4
2.1
12
2.3
3.0
11.4
1.3
2.9
2.8
4.4
4.6
4.7
38
1.7
29.4
31.0
30.1
28.1
29.7
28.8
22
2.7
26.0
2.4
27.3
12
2.6
3.9
2.8
5.6
3.3
12
10.0
1.9
12
.6
1.9
1.8
10.3
2.1
1.6
1.9
2.9
3.6
3.0
5.4
3.7
ijs
2.6
35
3.1
5.5
3.7
15
1.8
1.8
8.9
1.7
1.9
2.3
3.0
2.9
5.5
3.5
29.9
32
.2
3.0
26.7
15.7
7.7
1.6
.6
1.3
.7
1.9
1.6
8.0
1.8
1.6
2.0
2.6
3.1
4.7
32
12
12
32
.3
2.9
29.0
17.1
82
2.1
.7
1.3
.6
Table 6.16B.—Corporate Profits by Industry: 1948-58—Continued
[Billions of dollars; quarters seasonally adjusted at annual rates]
1954
1953
1952
Line
Corporate profits with Inventory valuation and
capital consumption adjustments.
Domestic industries
Financial
Nonfinanciai
Less* Payments to the rest of the world
Corporate profits with inventory valuation
adjustment.
Domestic Industries
Financial
Federal Reserve banks
Other
Nonfinanciai
Manufacturing
Durable goods
Primary metal industries
Fabricated metal products
Machinery, except electrical
Electric and electronic equipment
Motor vehicles and equipment
Other
Nondurable goods
Food and kindred products
Chemicals and allied products
Petroleum and coal products
Other
Transportation and public utilities
Wholesale and retail trade
Other
Rest of the world
;
35.6
38.8
44.0
45.2
453
46.4
4.7
30.9
4.8
34.0
4.9
39.1
4.9
40.3
4.9
40.6
4.9
41.5
13
22
22
22
2A
15
30.5
325
33.8
4.6
32.7
4.7
25.8
4.7
27.9
4.7
29.1
39.2
38.3
45
34.1
4.4
34.9
4.4
33.9
4.0
30.7
49.0
37.3
38.5
34.6
3.7
33.2
473
373
42
30 2
36.9
47.4
35.7
34.4
2
3
4
IV
46.2
34.4
39.1
38.8
III
41.0
32.1
40.2
1
II
III
41.1
36.3
1
II
40.4
363
1955
IV
I
II
III
IV
111
I
II
5
6
7
Rest of the world
IV
1
13
13
1.9
1JS
1.9
1.7
1.7
13
13
8
42.0
393
39.4
434
44.0
42.9
41.5
34.0
36.4
373
39.2
42.4
47.1
473
47.8
m
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
40.1
3.8
.3
35
36 2
23.0
12.6
2.7
12
25
1.4
12
2.7
10.3
1.6
2.6
2.5
3.6
5.3
4.3
3.6
13
37.9
4.1
3
3.8
33.8
20.8
11.0
12
1.0
2.3
1.5
2.4
2.6
9.8
1.6
2.4
2.1
3.7
4.6
5.1
3.3
13
37.5
4.4
3
4.0
33.1
20.2
10.6
1.5
.9
2.1
1.4
1.9
2.7
9.6
1.9
1.9
2.4
3.5
4.8
4.8
3.3
13
41.6
4.6
.4
42
37.0
22.8
12.7
2.3
.9
22
1.6
3.0
2.6
10.1
2.0
22
2.3
3.6
52
5.7
3.3
13
42.1
4.5
.4
4.1
37.6
24.5
13.9
2.7
1.3
2.3
1.7
3.0
3.0
10.6
1.9
2.5
2.5
3.7
5.3
4.7
32
13
413
4.6
.4
42
36.4
23.5
13.1
2.8
.9
2.1
1.5
2.8
2.9
10.4
1.8
2.3
2.7
3.6
5.2
4.7
3.1
13
39.7
4.8
.4
4.3
35.0
22.8
12.6
2.9
.9
1.8
1.3
3.1
25
10 2
1.8
2.3
2.8
3.3
5.0
4.1
3.1
1.7
32.3
4.8
.4
4.4
27.5
17.1
82
1.6
.8
12
.9
1.6
2.1
8.9
1.6
1.7
2.8
2.7
4.6
2.8
3.0
1.7
34.6
4.8
.4
45
29.7
19.2
9.7
1.5
.8
1.8
1.2
1.9
2.5
9.4
1.6
2.0
2.9
3.0
45
2.9
32
13
35.7
4.8
.3
4.5
30.8
19.7
10.5
1.6
1.0
1.8
12
2.1
2.8
9.3
1.7
2.1
2.7
2.8
4.7
3.0
3.4
13
37.3
4.8
.3
4.5
32.5
19.4
10.3
1.6
. 1.0
1.7
1.1
1.9
3.0
9.1
1.6
22
2.7
2.7
4.8
4.8
3.5
13
40.2
5.0
.3
4.7
35.2
21.5
11.5
2.0
1.0
1.5
1.3
2.5
32
10.0
1.7
2.4
2.7
3.1
4.9
5.3
3.6
22
44.8
5.0
.3
4.7
39.8
24.5
13.6
2.5
1.0
1.7
12
3.5
3.7
10.9
2.0
2.7
2.9
3.3
55
6.1
3.8
22
45.7
5.0
.3
4.8
40.7
25.9
14.3
2.8
1.1
1.7
1.1
4.0
3.6
11.7
22
3.0
2.9
3.5
5.8
52
3.7
22
45.4
5.0
.3
4.7
40.4
26.4
14.5
3.1
1.0
1.5
1.1
4.5
3.3
11.9
2.3
3.0
3.0
3.5
5.6
5.1
3.3
2.4
46.6
5.0
.4
4.7
41.6
27.4
14.6
3.1
12
1.9
1.0
4.3
3.2
12.8
21
3.3
3.3
4.0
5.8
4.6
3.8
25
1956
1957
1958
Line
1
Corporate profits with inventory valuation and
capital consumption adjustments.
Domestic industries..
Financial
Nonfinanciai .
Rest of the world .
Receipts from the rest of the world
Less: Payments to the rest of the world
Corporate profits with inventory valuation
adjustment.
Domestic Industries.
Financial.,
Federal Reserve banks..
Other „
Nonfinanciai ,
Manufacturing ..
Durable goods .
Primary metal industries
Fabricated metal products
Machinery, except electrical
Electric and electronic equipment..
Motor vehicles and equipment
Other.
Nondurable goods
Food and kindred products
Chemicals and allied products ..
Petroleum and coal products ....
Other.
Transportation and public utilities .,
Wholesale and retail trade
Other.,
Rest of the world .
III
II
IV
II
III
IV
111
II
I
1
46.7
46.7
45.7
465
473
46.9
465
42.7
37.3
37.9
413
47.7
2
443
43.9
42.8
43.6
443
43.7
43.3
39.9
34.7
35.4
39.4
45.2
3
4
4.9
39.1
5.1
38.8
52
37.6
5.3
38.4
5.3
39.6
5.3
38.4
5.5
37.8
5.6
34.3
5.8
28.9
5.9
295
5.8
33.6
39.1
5
2.7
2.8
23
2.9
3.0
3.3
32
23
25
2.5
25
25
47.2
47.6
473
48.3
49.7
48.4
47.6
43.7
38.1
39.3
43.4
49.1
445
5.0
.4
4.6
39.4
25.8
13.3
3.4
1.1
2.0
1.0
2.7
32
12.4
2.1
3.1
32
4.1
5.9
3.7
4.0
2.7
44.8
52
.5
4.8
39.6
25.1
12.9
3.2
1.1
2.1
12
2.1
32
122
1.9
2.7
35
4.1
44.4
5.4
5
4.9
39.1
23.4
11.6
2.3
1.0
22
1.4
1.8
2.9
11.7
1.6
2.7
3.3
4.1
5.9
5.7
4.1
23
45.4
5.4
.5
4.9
40.0
24.9
13.4
3.1
1.1
22
12
2.4
3.3
11.6
1.6
2.8
3.1
4.1
5.8
5.0
4.2
23
46.7
5.5
.6
4.9
412
26 2
14.9
35
12
2.3
1.7
32
3.0
11.3
1.8
2.9
2.9
33
6.1
4.9
4.1
33
45.1
5.4
.6
4.8
39.7
25.0
14.0
3.3
12
22
1.6
2.6
3.3
11.0
1.7
2.9
2.8
3.6
5.8
4.7
4.1
33
44.4
5.6
.7
5.0
38.7
24.0
13.3
3.1
1.1
2.0
1.4
2.6
3.1
10.7
1.9
2.7
2.4
3.6
5.9
4.9
4.0
32
403
5.7
.7
5.0
35.1
21.3
11.2
2.4
.9
1.5
1.4
1.9
3.0
10.1
1.9
2.6
2.2
3.4
5.6
4.4
3.9
23
35 5
5.9
.7
52
29.6
172
8.1
15
.8
1.3
12
1.1
22
9.1
1.9
22
2.0
3.0
5.3
3.4
3.7
2.6
363
6.0
.6
5.3
30.8
17.4
8.1
1.6
.9
1.4
12
.6
2.6
9.3
2.0
2.3
1.7
32
5.7
4.1
3.6
25
403
5.9
5
5.4
35.0
19.9
9.2
2.0
.9
1.5
1.3
0
3.4
10.6
Z1
2.6
22
3.7
6.2
5.3
3.7
25
46.6
6
62
7
4.3
2.8 |
NOTE.—Estimates in part A of this table are based on the 1942 Standard Industrial Classification (SICV and estimates in part B are based on the 1972 SIC.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
I
6.3
.5
5.7
40.4
23.5
12.0
2.4
1.1
1.7
1.5
1.8
3.5
11.6
2.4
3.0
23
3.7
6.6
6.6
3.6
15
Table 6.17A.—Corporate Profits Before Tax by Industry: 1929-48
[Millions of dollars]
Line
Corporate profits before tax
1930
1929
1932
1931
1933
1934
1935
1937
1936
1938
1
10,595
4,291
357
-1,480
1,728
3,079
4,216
6,931
7,450
4,443
2
10,363
4,154
361
-1,446
1,730
3,019
4,057
6,827
7,178
4,142
Agriculture, forestry, and fisheries .
Farms .
Agricultural services, forestry, and fisheries .
3
4
5
11
2
9
-37
-44
7
-67
-68
1
-65
-64
-1
-26
-29
3
-26
-29
3
11
8
3
21
16
5
8
4
4
-9
-10
1
Mining .
u mining
Anthracite mining
Bituminous and other soft coal mining .
Crude petroleum and natural gas
Nonmetallic mining and quarrying
€
7
8
9
10
11
472
253
10
16
133
60
126
43
13
-7
32
45
-129
-32
7
-21
-96
13
-74
—45
-12
-26
12
-3
-23
20
-7
-21
-17
2
168
58
0
19
78
13
177
81
-11
8
80
19
322
136
-5
12
144
35
514
242
-13
16
228
41
280
122
-12
-13
152
21
Contract construction
12
148
118
18
-68
-31
9
31
71
66
38
Manufacturing .
13
4,896
1,674
-298
-1,229
892
1,426
2,168
3,617
3,781
1,639
Durable goods
Lumber and basic timber 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
Electric and electronic equipment
Motor vehicles and equipment ...
Other transportation equipment .
Miscellaneous manufacturing, including instruments and
miscellaneous plastic products.
14
15
16
17
18
19
20
21
22
23
24
2,568
112
38
156
856
212
495
100
462
44
93
658
-7
-39
63
282
49
180
-30
161
3
-4
-576
-83
-60
-16
-147
-15
-65
-121
41
-50
-so
-1,327
-85
-77
-72
-306
-50
-204
-186
-192
-50
-105
-185
3
-19
4
-31
59
-34
-160
62
-40
-29
321
S
-8
48
114
114
114
-149
99
-23
18
875
15
7
78
195
138
193
-42
249
-24
66
1,711
56
35
158
395
187
353
41
394
8
84
2,049
78
31
152
531
197
451
97
374
52
86
509
5
16
70
24
49
213
10
68
11
43
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 products .
Leather and leather products ..
25
26
27
28
29
30
31
32
33
34
35
2,328
467
140
178
38
110
263
421
636
23
52
1.016
369
155
-162
-35
55
176
290
225
-45
-12
278
196
164
-115
-61
-1
97
201
-164
-20
-19
98
91
174
-124
-70
-50
18
116
-10
-24
-23
1,077
365
77
201
22
41
79
241
-4
8
47
1,105
426
126
62
24
76
116
295
-47
-1
28
1,293
415
120
100
26
84
140
315
26
16
51
1,906
542
139
202
57
111
176
395
194
40
50
1,732
364
134
117
31
138
151
388
357
26
26
1,130
372
137
-4
18
50
100
296
133
17
11
Domestic industries
36
1,840
1,108
489
177
201
419
465
726
846
535
37
38
39
40
41
42
43
44
1,014
773
51
43
54
-6
86
13
429
278
42
29
21
-19
68
10
-92
-159
1
19
6
-9
41
9
-304
-333
-12
12
-2
30
7
-213
-280
-1
19
15
-2
24
12
-152
-259
-5
21
22
-6
68
7
-86
-190
-28
24
34
-3
69
8
90
-50
3
24
41
0
66
6
67
-68
-21
22
49
-2
80
7
-178
-256
-52
31
18
-1
72
10
Communication .
Telephone and telegraph
Radio and television broa
broadcasting .
45
46
47
308
286
22
253
256
-3
236
238
-2
165
164
1
137
139
-2
161
152
9
186
173
13
209
189
20
226
204
22
217
201
16
Electric, gas, and sanitary services ...
Utilities: electric and gas .
Local utilities and public services! n.e.c. .!..
48
49
50
518
483
35
426
397
29
345
327
18
316
291
25
277
241
36
410
379
31
365
334
31
427
403
24
553
527
26
496
478
18
Wholesale trade
51
405
52
-87
-148
163
321
344
526
448
236
Retail trade and automobile services .
52
647
207
-42
-273
155
424
487
677
618
393
Finance, Insurance, and real estate ...
53
1,760
771
473
361
463
236
318
779
804
966
54
55
56
1,003
223
154
796
-178
-31
675
-212
-48
576
-43
-55
536
-93
-79
422
7
-127
466
-11
-86
529
32
-51
570
-49
-15
549
-9
-15
57
58
59
237
34
109
137
26
21
140
27
-109
181
28
-326
426
22
-349
237
26
-329
189
23
-263
362
23
-116
341
22
-65
423
22
-4
60
184
135
4
-127
-64
42
56
88
93
64
61
62
63
64
65
66
67
68
69
70
71
12
34
56
6
59
7
10
-3
28
49
5
51
-3
8
-23
16
20
2
2
-13
0
-33
4
8
2
-83
-21
-4
-30
13
8
2
-40
-14
-3
-22
23
30
5
2
1
3
-22
24
31
3
13
4
3
-23
27
35
5
29
10
5
-21
25
36
4
33
11
5
-28
13
31
2
39
5
2
-2
60
159
104
272
301
Transportation and public utilities
Railroad transportation
Local and interurban passenger transit..
Trucking and warehousing
Water transportation ..
Transportation by air.
Pipelines, except naturaTgas".
Transportation services
Banking ,
Secunty and commodity brokers, and services
Credit agencies (other than banks) and holding and other
investment companies.
Insurance carriers
Instance agents and brokers, and services
Real estate
Services
Hotels and other lodging places
Personal services..
Business services .
Miscellaneous repair sewices "
Motion pictures..
Amusement and recreaiion services
Otner services
Health services .......
«..."Z!
. Legal services.
Educational s e r v i c e * ! ^
Social services and membership organizations
Rest of t h e world
1
Seefootnoted)at end of table.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
72
*
......................
:.—:::
232
137
-4
-34
Table 6.17A.—Corporate Profits Before Tax by Industry: 1929-48—Continued
[Millions of dollars]
Une
1941
1940
1939
1943
1942
1945
1944
1947
1946
1
7,628
10,437
18,342
22,047
25,552
24,455
20,021
24,922
31,926
2
7,304
10,171
17,951
21,669
25,180
24,032
19,679
24,231
30,940
Agriculture, forestry, and fisheries
Farms
Agricultural services, forestry, and fisheries
3
4
5
6
4
2
19
18
1
55
50
5
82
71
11
108
102
6
100
94
6
94
89
5
146
140
6
157
152
5
Mining .
Metal mining
Anthracite mining
Bituminous and other soft coal mining .
Crude petroleum and natural gas .
Nonmetallic mining and quarrying „
6
7
8
9
10
11
346
180
-13
13
130
36
483
239
6
45
153
40
647
268
15
79
221
64
598
293
18
107
111
69
523
177
17
140
134
55
508
129
22
145
162
50
411
104
11
113
132
51
464
79
34
122
143
86
988
215
35
327
298
113
Corporate profits before tax
Domestic industries
Contract construction
12
47
85
205
329
246
127
96
229
400
Manufacturing
13
3,750
5,607
10,969
12,499
14,320
13,426
10,101
12,032
17,251
Durable goods..
Lumber and basic timber products
Furniture and finished lumber products
Stone, day, and glass products .
Iron and steel and their products, including ordnance .
Nonferrous metals and their products
Machinery, except electrical.
Electric and electronic equipment
Motor vehicles and equipment
Other transportation equipment
Miscellaneous manufacturing, including instruments and
miscellaneous plastic products.
14
15
16
17
18
19
20
21
22
23
24
1,662
39
56
162
323
155
340
109
331
63
84
3,109
95
76
208
647
223
686
272
533
261
108
6,621
199
153
357
1,634
386
1,422
621
868
756
225
7,269
213
145
347
2,058
365
1,612
638
338
1,304
249
8,081
188
141
293
2,137
485
1,479
813
332
1,903
310
7,371
170
160
233
1,815
428
1,293
821
304
1,852
295
4,651
113
134
214
1202
260
856
496
170
961
245
3,667
279
240
376
1,066
391
714
156
120
-27
352
7,731
534
285
462
1,947
586
1,488
783
1236
1
409
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 products
Leather and leather products
25
26
27
28
29
30
31
32
33
34
35
2,088
565
149
185
51
121
145
510
255
59
48
2,498
579
161
227
61
201
175
645
341
64
44
4,348
906
184
620
144
395
213
1,018
611
155
102
5,230
1,262
194
857
222
368
261
1,070
677
179
140
6,239
1,517
194
829
259
399
482
1,199
916
287
157
6,055
1,519
170
784
257
408
592
1,138
752
292
143
5,450
1,431
142
726
249
339
600
975
607
242
139
8,365
2,036
168
1,409
504
584
661
1,425
1,034
308
236
9,520
1,853
187
1,545
463
944
632
1,709
1,756
209
222
Transportation and public utilities ,
36
1,017
1,352
2,087
3^91
4,457
3,903
2,789
2,090
2,556
Transportation .
Railroad transportation
Local and interurban passenger transit
Trucking and warehousing
Water transportation
Transportation by air
Pipelines, except natural gas
Transportation services
37
38
39
40
41
42
43
44
163
-17
-33
51
52
8
86
16
336
77
6
35
90
12
84
32
912
513
27
59
155
20
93
45
2,112
1.595
182
80
107
34
58
56
2,905
2,298
285
71
99
34
60
58
2,361
1,791
252
65
89
41
63
60
1,326
876
201
50
79
34
45
41
565
103
159
109
122
-20
42
50
1,182
709
69
138
172
-37
56
75
Communication .
Telephone and telegraph
Radio and television broadcasting
45
46
47
273
252
21
290
261
29
320
285
35
451
419
32
533
481
52
581
511
70
530
466
64
394
334
60
282
227
55
Electric, gas, and sanitary services ...
Utilities: electric and gas
Local utilities and public services, n.e.c
48
49
50
581
557
24
726
699
27
855
824
31
928
900
28
1,019
970
49
961
921
40
933
901
32
1.131
1,104
27
1,092
1,030
62
Wholesale trade
51
435
568
1,105
1,166
1,283
1*304
1,315
2,489
2,740
Retail trade and automobile services .
52
618
770
1,313
1,650
1,962
2J)34
2,164
3255
3,574
Finance, insurance, and real estate ....
53
990
1,161
1,363
1,501
1,716
2,057
2,122
2,742
2,573
54
55
56
569
14
2
630
4
101
703
2
178
689
-3
213
869
15
156
1,066
21
142
1208
39
148
1,387
26
207
1,346
5
278
57
58
59
372
24
9
355
27
44
312
36
132
428
31
143
417
26
233
490
27
311
353
24
350
511
48
563
227
65
652
60
95
126
207
353
565
573
587
784
701
61
62
63
64
65
66
67
68
69
70
71
-20
18
41
2
41
9
4
-7
21
41
3
53
10
5
1
30
56
8
82
19
11
35
45
56
12
157
19
29
95
56
70
13
256
35
40
101
62
79
13
247
43
28
109
56
88
7
239
71
17
133
74
115
8
306
94
54
121
82
130
14
225
65
64
72
324
691
986
Banking .
Security and commodity brokers, and services ..
Credit agencies (other than banks) and holding and other
investment companies.
Insurance carriers .
Insurance agents and brokers, and services .
Real estate
Services .
Hotels and other lodging p & e s .
Personal services
Business services .
Miscellaneous repair services .
Motion pictures
Amusement and recreation services
Other services
Health services .
Legal services
Educatonal services, n.e.c.....
Social services and membership organizations
Rest ol the world 1
— — » • *
266
n.e.c. Not elsewhere classified.
1. Consists of receipts by all U.S. residents, including both corporations and persons, of dividends from their
incorporated foreign affiliates, their share of reinvested earnings of their incorporated for affiliates, and earnings of
unincorporated foreign affiliates, net of corresponding payments. Receipts by US. residents of their share of reinvested earnings of their incorporated foreign affiliates are not induded from 1930 to 1936; corresponding payments are
not induded from 1930 to 1939.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
391
378
372
423
342
2. Induded in anthracite mining (line 8).
3. Induded in lumber and basic timber products (line 15).
4. Induded with iron and steel and their products, induding ordnance (line 18).
NOTE.—Estimates in part A of this table are based on the 1942 Standard Industrial Classification (SIC); and est
mates in part B are based on the 1972 SIC.
Table 6.17B.—Corporate Profits Before Tax by Industry: 1948-58
[Millions of dollars]
line
Corporate profits before tax .
Domestic industries
Agriculture, forestry, and fisheries
Farms
1943
1949
Mining
Metal mining
Coalmining
Oil and gas extraction
Nonmetallic minerals, except fuels .
Construction
1951
1952
1954
1955
1956
1957
1958
35,855
29,579
43,198
44,738
40,163
41592
39,210
49,725
50,286
48,876
42,730
34,594
28,454
41,929
42,994
38,275
39,794
37,248
47571
47,465
45,784
40,207
163
125
121
4
177
155
149
53
46
7
55
48
175
2
49
6
42
6
73
48
25
1,441
369
120
717
235
1,525
387
216
692
230
1296
229
194
699
174
1,004
159
Agricultural services, forestry, and fisheries
1950
4
1,516
282
444
1,035
139
166
601
129
72
47
79
6
65
7
40
7
73
6
1501
1,459
1,187
1,027
1,135
297
247
788
309
201
764
185
188
131
701
167
239
90
533
165
233
48
665
189
162
138
568
136
684
636
661
658
707
605
635
563
827
18,987
15,107
24,179
25260
21,033
22,685
20260
27,410
26,420
25,077
19599
Durable goods .
Lumber and wood products
Furniture and fixtures
Stone, clay, and glass products
Primary metal industries
Fabricated metal products
Machinery, except electrical
Electric and electronic equipment
Motor vehicles and equipment
Other transportation equipment
Instruments and related products
Miscellaneous manufacturing industries
9,137
574
180
549
1,841
1,044
1,664
833
1,637
251
203
361
7.710
314
137
520
1,399
709
1284
673
2,032
211
171
260
13,306
699
247
858
2,536
1251
1,895
1,407
3,274
399
301
439
13,957
577
221
888
3,156
1,432
2,529
1,397
2,514
427
410
406
11551
417
206
703
1,931
1,081
2,324
1,469
2,414
583
405
318
12,754
356
174
835
2,554
1,112
2,086
1,459
2,679
767
432
300
10,791
383
166
884
1,749
979
1,746
1217
2,100
816
457
294
15563
571
260
1266
3,114
1217
1,993
1245
4.223
801
494
379
14.194
435
271
1.196
3,101
1253
2,469
1287
2.417
835
541
389
13,908
272
230
9,655
365
169
993
1,888
970
1,521
1290
942
698
495
324
Nondurable goods .
Food and kindred products
Tobacco manufactures
Textile mill products
Apparel and other textile products .
Paper and allied products
Printing and publishing .
PKNMIAHIU
*H!AJ
*
Chemicals and allied products
Petroleum and coal products
ftober and miscellaneous plastics products ....
Leather and leather products
9,850
1,603
238
1,503
304
800
595
1,552
2,882
234
7,397
1557
258
662
180
562
544
1530
1,852
156
10,873
1,872
287
1216
310
1,010
594
2,589
2,388
442
165
11,303
1,657
297
974
180
1,359
636
2,786
2.775
522
117
9,182
1.603
286
518
195
968
643
2,154
2,305
380
130
9,931
1,740
343
526
179
966
657
2,210
2,809
383
118
9,469
1,701
329
335
12226
1.926
411
613
246
1,365
864
2,867
3,325
460
149
11,169
1,873
443
505
205
1,073
868
2.860
2.795
401
146
10,044
2.097
522
434
224
925
757
2.462
2,705
302
126
11,847
1,981
391
605
244
1,159
825
2,921
3,098
463
3,263
2,915
4,296
4,764
4,980
5,076
4,704
1,665
1,155
80
179
135
2
64
50
1,134
647
46
167
138
24
68
44
2,015
1283
56
260
148
87
127
54
1,981
1,150
82
206
234
117
130
62
1,855
1,165
79
195
136
92
126
62
1,662
439
393
46
466
432
34
737
682
55
964
879
85
1,069
978
91
Manufacturing.
Transportation and public utilities .
Transportation
Railroad transportation
Local and interurban passenger transit
Trucking and warehousing
Water transportation
Transportation by air
;
Pipelines, except natural gas
Transportation services
Communications .
Telephone and telegraph
1
Radio and television
180
940
640
2211
850
1,060
2,921
1227
2237
1.512
2.647
930
515
357
2080
418
125
5,834
6,071
5,883
5550
987
382
44
192
65
121
120
63
1,528
761
60
244
139
135
113
76
1,491
747
57
194
188
94
131
80
1,179
616
57
212
95
-12
133
78
347
65
194
64
14
136
61
1238
1,146
92
1.337
1238
1,725
1,563
162
1,857
1,684
173
2,006
1539
167
2,334
2,158
176
2,735
1,000
65
212
117
98
114
56
1,159
1,315
1,544
1,819
2,056
2,176
2,380
2,581
2,723
2698
Wholesale trade
2,477
1592
2,965
2,818
2,019
1,851
1559
2,426
2,677
2,497
2247
Retail trade
finance, Insurance, and real estate .
3,498
2526
3558
2,859
2,615
2,396
2550
2,967
2509
2,775
2,656
3^73
3,940
4,027
4,386
5,026
5503
5510
5,991
6,194
6,465
6590
1,593
228
1,365
383
6
681
69
648
-7
1,667
235
1,432
472
18
1,074
1.796
190
1,606
633
24
742
63
754
15
2,159
294
1,865
701
2,343
346
1,997
925
20
928
74
680
56
2,538
394
2,144
913
30
1,151
75
751
45
2,528
322
2,799
296
2,503
1,146
36
1,077
73
828
32
3,330
468
2,862
1270
27
661
99
713
94
3,672
625
3,047
1,355
34
479
99
695
131
3.605
595
3,010
1.453
46
906
107
802
71
633
578
107
73
136
17
10
129
45
61
565
635
103
73
190
29
11
104
636
604
87
75
196
32
3
81
44
86
686
74
85
234
32
2
815
106
72
184
32
7
95
51
616
84
76
187
23
-11
138
35
84
787
124
73
135
23
13
140
62
63
33
100
85
105
289
33
13
93
39
130
79
115
355
17
9
54
49
137
738
43
119
342
37
-8
23
53
129
1,261
1,125
1269
1,744
1,652
391
1554
429
1,767
498
2249
505
Electric, gas, and sanitary services
Banking .
Federal Reserve banks
Commercial and mutual banks..
Credit agencies other than banks .
Security and commodity brokers ...
durance carriers.,
Insurance agents, b r o i ^ f a n d " s e S ' " ] ! Z
Real estate .
Holding and o'mer"in^im'ent offices'!
Services..
Hotels and oiher i ^ i i i ptaoes "
Personal services
Auto repair, services, and parking..
Miscellaneous repair services
Motion pictures .
Amusement and reaeafen seriices'"
Other services .
Health services
!
Legal sendees
Educational services
Other'
Rest of the world2
Receipts from rest of the world
Less: Payments to rest of the world
-18
102
67
161
25
8
112
24
66
J- Consists of social services, membership organizations, and miscellaneous professional services.
* Consists of receipts by all U.S. residents, including both corporations and persons, of dividends from their
"tcorporatedforeignaffiliates, their share of reinvested esmings of their incorporatedforeignaffiliates, and earnings
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
66
711
48
2,345
457
2206
1,008
63
1268
78
833
32
126
1,798
1,962
2554
2521
3,092
2523
2288
2,442
480
2.890
536
3,356
535
3,630
538
3,078
555
490
of unincorporated foreign affiliates, net of corresponding payments.
NOTE—Estimates in part A of this table are based on the 1942 Standard Industrial Classification (SIC); and estimates in part B are based on the 1972 SIC.
Table 6.18A.-Federal, State, and Local Corporate Profits Tax Liability by Industry: 1929-47
(Millions of doltars]
Line
Corporate profits tax liability .
Domestic Industries
Agriculture, forestry, and fisheries .
Farms .
Agricultural services, forestry, andfisheries.
Mining
Metal mining
Anthracite mining
Bituminous and other soft coal mining ,
Crude petroleum and natural gas
Nonmetallic mining and quarrying
Contract construction
Manufacturing
Durable goods
.........
Lumber and basic timber products
Furniture andfinishedlumber products
Stone, clay, and glass products
Iron and steel and their products, including
ordnance.
Nonferrous metals and their products
Machinery, except electrical
Electric and electronic equipment
Motor vehicles and equipment
Other transportation equipment
Miscellaneous manufacturing, including
instruments and miscellaneous plastic
products.
Nondurable goods
Food and kindred products
Tobaxo 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 products
Leather and leather products
1930
1929
1937j
1936
1935
1934
1933
1932
1931
1942
1941
1940
1939
1938
1943
1944
1945
1946
1947
1
1,369
842
498
385
521
744
951
1,409
1,502
1,029
1*441
2,834
7,610
11,415
14,074
12,949
10,689
9,104
11,268
2
1,369
842
498
385
521
744
951
1,409
1,502
1,029
1,441
2,834
7,610
11,415
14,074
12,949
10,689
9,104
11,268
3
6
3
1
1
2
4
6
9
8
5
7
10
23
39
62
56
61
58
61
4
5
5
1
3
0
1
0
1
0
2
0
4
0
6
0
9
0
7
1
5
0
6
1
9
1
22
1
37
2
59
3
54
2
58
3
55
3
56
3
6
47
20
6
8
10
23
23
40
62
35
43
74
150
199
159
128
108
118
268
7
8
9
10
11
23
2
5
10
7
3
2
3
7
5
1
1
1
0
3
1
0
1
4
2
3
1
1
3
2
7
1
4
8
3
9
0
4
7
3
17
1
4
13
5
36
0
4
16
6
17
0
2
12
4
23
0
3
12
5
42
1
8
14
9
75
2
21
30
22
106
4
36
21
32
55
4
51
26
23
34
6
49
18
21
25
4
38
19
22
23
9
32
28
26
66
10
93
65
34
12
19
18
9
4
4
5
9
13
16
13
14
26
88
192
155
74
59
86
142
255
329
484
720
768
447
741
1,727
5,244
7,301
8,667
7,776
5,903
4,745
6 470
13
618
373
206
132
14
15
16
17
18
328
9
8
20
97
168
3
2
.13
40
64
0
2
6
5
21
0
1
2
3
66
1
3
6
7
118
2
3
11
18
199
3
4
16
35
363
7
10
30
73
440
10
8
31
103
187
4
7
17
28
357
7
12
31
68
1,075
22
21
63
204
3,524
77
63
170
851
4,600
108
78
209
1,302
5,199
100
79
181
1,351
4,450
80
89
138
1,103
2,906
54
74
122
750
1,656
101
92
140
426
3,035
190
109
176
737
19
20
21
22
23
24
25
63
29
49
9
19
11
36
16
29
6
12
6
13
3
20
1
8
5
5
1
-1
1
4
10
10
2
19
1
7
19
26
4
21
2
12
23
38
12
48
2
18
36
73
27
76
7
24
42
101
34
74
14
23
12
45
18
32
10
14
29
66
36
68
20
20
76
235
116
196
104
38
199
744
392
468
452
108
222
1,038
450
204
833
156
284
972
560
195
1,274
203
236
808
526
169
1.135
166
138
543
353
121
607
144
141
338
117
74
63
164
203
593
319
469
64
175
26
27
23
29
30
31
32
33
34
35
290
61
17
31
8
16
33
53
54
7
10
205
60
21
10
3
10
24
42
28
2
5
142
48
22
7
2
6
17
31
3
2
4
111
32
26
5
2
3
11
24
5
0
3
189
62
12
31
6
9
13
38
8
2
8
211
71
17
20
6
15
21
48
4
2
7
285
121
18
25
6
17
25
53
6
5
9
357
105
22
44
10
24
34
77
22
10
9
328
82
22
33
6
28
33
76
36
6
6
260
86
25
16
6
14
24
63
16
5
5
384
112
26
40
10
24
29
102
20
12
9
652
147
40
64
14
59
46
204
50
16
12
1,720
329
69
266
54
183
76
498
141
69
35
2,701
647
93
526
122
210
124
603
214
84
78
3.468
888
100
528
153
242
268
702
293
201
93
3,326
901
86
493
152
247
352
683
130
200
82
2,997
841
65
456
141
203
369
584
91
167
80
3,089
807
68
567
189
223
251
563
202
126
93
3,435
742
77
606
171
360
243
676
389
84
87
36
245
176
125
122
106
150
150
196
224
208
261
412
762
1,657
2,466
2,215
1,602
931
1,047
Transportation
Railroad transportation
Local and interurban passenger transit
Trucking and warehousing
Water transportation
Transportation by air
Pipelines, except natural gas
Transportation services
37
38
39
40
41
42
43
44
135
105
6
4
7
0
9
4
73
52
5
3
5
0
6
2
34
18
4
2
3
0
5
2
27
13
4
2
2
1
3
2
27
12
4
2
3
1
3
2
49
20
6
3
7
0
10
3
52
21
6
3
8
0
11
3
72
35
8
3
10
0
13
3
76
36
6
3
13
1
14
3
59
22
6
5
7
1
13
5
89
39
7
7
12
2
16
6
151
63
10
9
33
4
23
9
330
149
22
19
80
9
33
18
988
705
104
35
72
16
26
30
1,685
1,348
171
35
58
16
27
30
1,415
1,106
159
31
50
8
29
32
812
560
127
25
43
13
20
24
346
151
68
34
51
6
16
20
527
312
47
45
73
2
19
29
Communication
Telephone and telegraph ................
Radio and television broadcasting ,
45
46
47
39
37
2
35
35
0
33
32
1
30
29
1
22
22
0
27
26
1
30
28
2
40
37
3
44
40
4
48
45
3
58
54
4
76
68
8
125
110
15
248
231
17
305
274
31
347
303
44
330
290
40
160
137
23
109
87
22
Electric, gas, and sanitary services
Utilities: electric and gas
Local utilities and public services, n.e.c.
48
49
50
71
68
3
68
65
3
58
56
2
65
63
2
57
55
2
74
71
3
68
65
3
84
81
3
104
101
3
101
98
3
114
111
3
185
180
5
307
300
7
421
413
8
476
465
11
453
442
11
460
450
10
425
416
9
411
401
10
Transportation and public utilities
Wholesale trade
51
52
29
17
15
34
60
64
98
88
52
81
142
451
623
745
733
733
946
1,035
Retail trade and automobile services
52
72
48
41
26
44
60
73
110
113
86
114
187
475
823
1,067
1,155
1*227
1,172
1,264
751
721
Finance, insurance, and real estate
Banking
Security and commodity brokers, and services
Credit agencies (other than banks) and holding
and other investment companies.
Insurance carriers
Insurance agents and brokers, and services .
Real estate
Services
Hotels and other lodging places .
Personal services .
Business services
Miscellaneous repair services .
Motion pictures ,
Amusement and recreation services .
Other services ,
Health services..
Legal services .
Educational services, n.e.c
Social services and membership organizations .....
Rest of the world»
53
282
151
82
68
57
97
125
196
192
154
149
212
336
401
445
509
674
54
55
56
66
41
70
34
9
27
11
2
10
5
2
9
3
4
12
5
3
31
8
7
47
19
11
97
14
2
100
15
2
66
17
2
62
25
4
101
57
3
159
64
2
118
128
9
74
220
7
73
321
18
88
344
13
105
310
6
110
57
58
59
38
5
62
28
4
49
22
3
34
21
3
28
12
2
24
21
3
34
23
3
37
22
3
44
24
3
49
30
4
37
26
4
38
22
7
53
27
12
78
104
15
98
119
12
103
80
12
117
67
11
169
54
15
220
44
21
230
60
28
24
11
9
9
16
17
27
31
29
31
44
81
180
308
303
322
297
260
61
62
63
64
65
66
67
68
69
70
71
2
2
9
1
10
2
2
1
2
7
1
9
2
2
1
1
3
0
4
1
1
1
1
3
0
3
0
1
0
1
3
0
3
1
1
1
1
6
0
4
2
2
1
1
6
0
5
2
2
1
2
8
1
10
3
2
2
2
9
1
10
4
3
2
3
8
0
11
3
2
3
3
8
1
11
3
2
4
5
12
1
14
5
3
8
9
19
3
26
10
6
22
18
26
6
77
12
19
48
24
34
8
149
23
22
48
26
39
8
138
28
16
55
24
45
3
139
44
12
49
24
44
2
127
38
13
46
27
Ad
72
0
.............
0
0
0
0
n.e.c. Not elswhere classified.
1. Consists of receipts by all U.S. residents, including both corporations and persons, of dividends from their
incorporated foreign affiliates, their share of reinvested earnings of their incorporated for affiliates, and earnings of
unincorporated foreign affiliates, net of corresponding payments. Receipts by U.S. residents of their share of reinvest-
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
90
27
17
if
0
0
0
0
0
0
0
0
0
0
0
0
0
0
ed earnings of their incorporated foreign affiliates are not included from 1930 to 1936; corresponding payments are
not included from 1930 to 1939,
.
NOTE.-Estimates in part A of this table are based on the 1942 Standard Industrial Classification (SIC): and esn<
mates in part B are based on the 1972 SIC
Table 6.18B.—Federal, State, and Local Corporate Profits Tax Liability by Industry: 1948-58
[Millions of dollars]
Une
Corporate profits tax liability
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1
12,421
10,203
17,925
22459
19,399
20,287
17,624
22,041
21,993
21*423
18,964
2
12,421
10,203
17,925
22,559
19,399
20,287
17,624
22,041
21,993
21,423
18,964
Agriculture, forestry, and fisheries
Farms
Agricultural services, forestry, and fisheries
3
4
5
72
69
3
58
50
8
91
88
3
91
88
3
58
54
4
56
52
4
49
45
4
51
48
3
52
50
2
43
42
1
55
55
0
Mining
Metal mining
Coal mining
Oil and gas extraction
Nonmetallic minerals, except fuels
6
7
8
370
77
132
117
44
221
37
50
94
40
384
99
80
142
63
412
125
63
153
71
326
79
37
156
54
230
96
31
46
57
272
91
19
100
62
409
179
34
117
79
437
184
56
119
78
333
106
55
121
51
213
49
33
67
64
Construction
11
253
232
298
347
353
315
322
298
395
457
402
Manufacturing
12
6,996
5,631
10,880
14,304
11,442
12,330
9,743
13,068
12,446
11,748
9,219
Durable goods
Lumber and wood products
Furniture and fixtures
Stone, clay, and glass products
Primary metal industries
Fabricated metal products
Machinery, except electrical
Sectric and electronic equipment
Motor vehicles and equipment
Other transportation equipment
Instruments and related products
Miscellaneous manufacturing industries
13
14
15
16
17
18
19
20
21
22
23
24
3,543
205
72
213
677
407
655
331
646
109
83
145
3,061
111
55
200
522
288
522
275
820
89
69
110
6,349
282
113
407
1,194
580
884
694
1,668
183
145
199
8,305
246
124
508
1,910
827
1,522
875
1,566
255
253
219
6,874
168
112
387
1,023
601
1,391
912
1,483
380
244
173
7,515
139
95
457
1,379
621
1,236
917
1,730
513
263
165
5,651
146
91
427
876
512
925
656
1,194
430
241
153
7,971
212
129
612
1,538
618
1,052
674
2,251
429
261
195
7,216
155
134
559
1,493
641
1,298
692
1,312
439
292
201
7,083
101
118
484
1,399
628
1,188
812
1,418
479
273
183
4.979
123
89
432
937
503
853
677
567
366
266
166
Nondurable goods
Food and kindred products
Tobacco manufactures
Textile mill products
Apparel and other textile products
Paper and allied products
Pnnting and publishing
Chemicals and allied prodxts
Petroleum and coal products
Rubber and miscellaneous plastics products ....
Leather and leather products
25
26
27
28
29
30
31
32
33
34
35
3,453
668
96
592
125
308
228
619
657
100
60
2,570
631
103
277
83
221
202
618
326
67
42
4,531
849
137
546
136
462
260
1279
574
216
72
5,999
899
173
539
105
824
334
1,749
958
345
73
4,568
887
168
305
100
549
334
1,297
625
236
67
4,815
942
204
307
100
532
349
1,338
742
236
65
4,092
890
174
223
96
479
323
1.158
517
167
65
5,097
1,019
207
320
122
584
412
1,499
606
248
80
5,230
994
219
314
120
680
441
1,488
652
246
76
4,665
979
235
258
105
533
434
1,485
340
224
72
4,240
1,058
276
221
111
469
383
1,272
165
220
65
Domestic industries
Transportation and public utilities
9
10
'
36
1,306
1,157
1,866
2,482
2,644
2,703
2^92
3,028
3,185
3,122
3,151
Transportation
Railroad transportation
Local and interurban passenger transit
Trucking and warehousing
Water transportation
Transportation by air
Pipelines, except natural gas
Transportation services
37
38
39
40
41
42
43
44
680
465
37
63
64
4
26
21
461
267
25
59
58
9
25
18
901
570
32
104
75
39
57
24
1,040
597
46
100
129
66
71
31
1,007
615
48
94
88
58
71
33
911
543
43
100
72
59
63
31
596
266
28
91
54
69
56
32
840
446
34
116
76
75
54
39
839
440
37
104
91
62
65
40
714
361
34
107
93
19
61
39
556
269
37
97
49
18
64
22
Communications
Telephone and telegraph
Radio and television
45
46
47
185
168
17
196
181
15
320
297
23
532
488
44
589
543
46
678
623
55
706
645
61
899
814
85
975
886
89
1,071
974
97
1.227
1,129
98
Electric, gas, and sanitary services
48
441
500
645
910
1,048
1,114
1,190
1,289
1,371
1,337
1,368
Wholesale trade
49
943
624
1,256
1,475
985
916
817
1,119
1,235
1,170
1,000
Retail trade
50
1,259
903
1*447
1,343
1,242
1,169
1,137
1,379
1,384
1,330
1,236
Finance, insurance, and real estate
51
970
1,158
1,455
1,775
2,030
2^50
2,463
2,322
2,441
2,782
3,290
52
53
54
55
56
57
58
59
60
452
167
285
75
6
116
23
230
68
521
193
328
90
7
255
18
217
50
637
197
440
167
12
235
22
294
88
848
255
593
215
10
254
28
320
100
1,009
292
717
237
16
332
28
308
100
1,121
343
778
256
14
412
30
332
85
1,211
276
935
267
24
474
32
367
88
1,009
252
757
294
27
487
29
396
80
1,206
402
804
318
21
392
38
367
99
1,582
543
1,039
332
26
386
39
340
77
1,809
524
1,285
336
38
599
39
390
79
61
62
63
64
65
66
67
68
69
70
71
72
73
252
46
24
52
10
5
71
27
17
219
38
23
52
7
4
59
23
13
248
44
24
68
10
6
52
25
19
330
52
31
100
14
9
59
35
30
319
50
30
94
15
7
51
38
34
318
46
32
101
15
8
45
37
34
329
46
32
98
12
5
65
39
32
367
46
37
122
17
10
63
38
34
418
51
42
141
20
16
59
43
46
438
49
47
167
17
18
39
50
51
398
35
47
162
23
6
34
47
44
74
0
0
0
0
0
0
0
0
0
0
0
Bankir^
Federal Reserve banks
Commercial and mutual banks
Credit agencies other than banks
Security and commodity brokers
Insurance carriers
Insurance agents, brokers, and service
Real estate
Holding and other investment offices
Services
Hotels and other iodging places
Personal services .......
Business services .
Auto repair, services, arid parking
Miscellaneous repair services
Motion pictures
Amusement and recreation services
Other services ...
Health services
Legal services
Educational services
Other1
'est of the world
1-Consists of social services, membership organizations, and miscellaneous professional services.
m,?0TE~Estimates
part A of this table are based on the 1942 Standard Industrial Classification (SIC); and estimates in part B are based on the 1972 SIC.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
Table 6.19A.—Corporate Profits After Tax by Industry: 1929-47
[Millions of dollars)
Corporate profits alter tax
Domestic industries
Agriculture, forestry, and fisheries
Farms .
Agricultural services, forestry, and fisheries .
Mining
Metal mining
Anthradte mining
Bituminous and other soft coal mining .
Crude petroleum and natural gas
Nonmetallic mining and quarrying
1930
1929
Line
1941
1942
1943
1944
-141
-1,865
1,207
2,335
3,265
5,522
5,948
3,414
6,187
7,603
10,732
10,632
11,478
11,506
9,332
15,818
15,127
1931
1932
1933
1934
1937
1936
1935
1940
1939
1938
1945
1946
l
9,226
3,449
2
8,994
3,312
-137
-1,831
1,209
2,275
3,106
5,418
5,676
3,113
5,863
7,337
10,341
10,254
11,106
11,083
8,990
3
5
-40
-68
-66
-28
-30
5
12
0
-14
-1
9
32
43
46
44
33
88
4
5
-3
8
-47
7
-69
1
-65
-1
-31
3
-33
3
2
3
7
5
-3
3
-15
1
-2
1
9
0
28
4
34
9
43
3
40
4
31
2
85
3
6
425
106
-82
-33
145
154
282
452
245
303
409
497
399
364
380
303
346
7
6
9
10
11
230
8
11
123
53
40
11
-10
25
40
-46
-12
-27
8
-5
17
-8
-22
-20
0
51
-1
15
70
10
72
-11
4
73
16
119
-6
8
131
30
206
-13
12
212
35
105
-12
-15
150
17
157
-13
10
118
31
197
5
37
139
31
193
13
58
191
42
187
14
71
90
37
122
13
89
108
32
95
16
96
144
29
79
7
75
113
29
56
25
90
115
60
-135
-33
6
-22
-96
10
Contract construction
12
129
100
9
-72
-35
4
22
58
50
25
33
59
117
137
91
53
37
143
Manufacturing
13
4,278
1,301
-504
-1,361
637
1,097
1,684
2,897
3,013
1,192
3,009
3,880
5,725
5,198
5,653
5,650
4,198
7,287
14
15
16
17
18
2,240
103
30
136
759
490
-10
-41
50
242
-$40 -1,348
-85
-83
-78
-62
-22
-74
-152
-309
-251
2
-22
-2
-38
203
-8
-11
37
96
676
12
3
62
160
1,348
49
25
128
322
1,609
68
23
121
428
322
1
9
53
-4
1,305
32
44
131
255
2,034
73
55
145
443
3,097
122
90
187
783
2,669
105
67
138
756
2,882
88
62
112
786
2,921
90
71
95
712
1,745
59
60
92
452
2,011
178
148
236
640
19
20
21
22
23
24
187
432
71
413
35
74
38
144
-46
132
-3
-16
-21
-78
-124
21
-51
-68
-55
-209
-187
-191
-51
-109
49
-44
-162
43
-41
-36
95
88
-153
78
-25
6
115
155
-54
201
-26
48
151
280
14
318
1
60
155
350
63
300
38
63
37
168
-8
36
1
29
126
274
73
263
43
64
147
451
156
337
157
70
187
678
229
400
304
117
143
574
188
134
471
93
201
507
253
137
629
107
192
485
295
135
717
129
122
313
143
49
354
101
250
376
39
46
-90
188
2,038
406
123
147
30
94
230
368
582
16
42
811
309
134
-172
-38
45
152
248
197
-47
-17
136
148
142
-122
-63
-7
80
170
-167
-22
-23
-13
59
148
-129
-72
-53
7
92
-15
-24
-26
888
303
65
170
16
32
66
203
-12
6
39
894
355
109
42
18
61
95
247
-51
-3
21
1,008
294
102
75
20
67
115
262
20
11
42
1,549
437
117
158
47
87
142
318
172
30
41
1,404
282
112
84
25
110
118
312
321
20
20
870
286
112
-20
12
36
76
233
117
12
6
1,704
453
123
145
41
97
116
408
235
47
39
1,846
432
121
163
47
142
129
441
291
48
32
2,628
577
115
354
90
212
137
520
470
86
67
2,529
615
101
331
100
158
137
467
463
95
62
2,771
629
94
301
106
157
214
497
623
86
64
2,729
618
84
291
105
.161
240
455
622
92
61
2,453
590
77
270
108
136
231
391
516
75
59
5,276
1,229
100
842
315
361
410
862
832
182
143
Durable goods
Lumber and basic timber 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 .
Electric and electronic equipment
Motor vehicles and equipment
Other transportation equipment
Miscellaneous manufacturing, including
instruments and miscellaneous plastic
products.
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 products
Leather and leather products ....
Transportation and public utilities .
25
26
27
28
29
30
31
32
33
34
35
'
36
1,595
932
364
55
95
269
315
530
622
327
756
940
1,325
1,834
1,991
1,688
1,187
1,159
Transportation
Railroad transportation
Local and interurban passenger transit ,
Tacking and warehousing
Water transportation
Transportation by air
Pipelines, except natural gas
Transportation services
37
38
39
40
41
42
43
44
879
668
45
39
47
356
226
37
26
16
-19
62
-331
-346
-16
10
-8
-3
27
5
-240
-292
-5
17
12
-3
21
10
-201
-279
-11
18
15
-6
58
8
-126
-177
-3
17
3
-9
36
7
-138
-211
-34
21
26
-3
58
5
18
-85
-5
21
31
0
53
3
-9
-104
-27
19
36
-3
66
4
-237
-278
-58
26
11
-2
59
5
74
-56
-40
44
40
6
70
10
185
14
-4
26
57
8
61
23
582
364
5
40
75
11
60
.27
1,124
890
78
45
35
18
32
26
1,220
950
114
36
41
18
33
28
946
685
93
34
39
33
34
28
514
316
74
25
36
21
25
17
219
-48
91
75
71
-26
26
30
Communication
Telephone and telegraph
Radio and television broadcasting
45
46
47
269
249
20
218
221
-3
203
206
-3
135
135
0
115
117
-2
134
126
8
156
145
11
169
152
17
182
164
18
169
156
13
215
198
17
214
193
21
195
175
20
203
188
15
228
207
21
234
208
26
200
176
24
234
197
37
Electric, gas, and sanitary services
Utilities: electric and gas ..
Local utilities and public services, n.e.c.
48
49
50
447
358
332
26
287
271
16
251
228
23
220
186
34
336
308
28
297
269
28
343
322
21
449
426
23
395
380
15
467
446
21
541
519
22
548
524
24
507
487
20
543
505
38
508
479
29
473
451
22
706
688
18
-G
77
9
415
32
4
Wholesale trade
51
353
23
-104
-163
129
261
280
428
360
184
354
426
654
543
538
571
582
1,543
Retail trade and automobile services .
52
575
159
-83
-299
111
364
414
567
505
307
504
583
838
827
695
879
937
2,083
Finance, Insurance, and real estate ....
53
1,478
620
391
293
406
139
193
583
612
812
841
949
1,027
1,100
1,271
1,548
1,448
1,991
54
55
56
937
182
84
762
-187
-58
664
-214
-58
571
-45
-64
533
-97
-91
417
4
-158
458
-18
-133
510
21
-148
556
-51
-115
534
-11
552
12
-60
605
0
0
646
-1
19
625
-5
95
741
82
846
14
69
887
21
60
1,043
13
102
57
58
59
199
29
47
109
22
-28
118
24
-143
160
25
-354
414
20
-373
216
23
-363
166
20
-300
340
20
-160
317
19
-114
393
18
-41
346
20
-29
333
20
-9
285
24
54
324
16
45
298
14
130
410
15
194
286
13
181
457
33
343
60
156
111
-7
-136
61
62
63
64
65
66
67
68
69
70
71
10
32
47
-4
-24
15
17
2
-2
-14
-1
Banking
Security and commodity brokers, and services
Credit agencies {other than banks) and holding
and olher investment companies.
Insurance carriers
Insurance agents and brokers, and services
Real estate
Services.
Hotels and other lodging places .
Personal services .
Business services
Miscellaneous repair services
Motion pictures
Amusement and recreation services ,
Other services
Health services
Legal services .
Educational services, n.e.c
Social services and membership organizations
Rest of the world1 .
72
26
42
5
4
49
5
42
-5
6
8
-73
26
39
61
62
35
64
82
126
173
257
270
265
487
-34
3
-30
12
5
-24
25
27
2
-86
-21
-5
2
-43
-15
-4
-23
23
25
3
8
19
7
3
-23
23
27
3
23
7
2
-30
10
23
2
28
2
-23
15
33
1
30
6
-11
16
29
2
39
5
-7
5
-23
22
24
5
-2
-1
0
2
2
5
13
27
30
6
80
7
10
47
32
36
5
107
12
18
53
36
40
5
109
15
12
54
32
43
4
100
27
5
84
50
71
6
179
56
41
266
391
378
372
423
342
691
1
2
1
4
137
-4
-34
-2
60
159
104
272
21
37
5
56
9
—
™
232
6
301
324
?
^
HQ
* ^ ^
^ , .
^ . ,
foreign
affiliates are not induded from 1930 to 1936; corresponding payments are not included from 1930 to 1939.
1. Consitts of receipts by all U.S. residents of dividends from their incorporated foreign affiliates, their share
NOTE.-Estimates in part A of this table are based on the 1942 Standard Industrial Classification (SIC); and estiof reinvested earnings of their incorporated foreign affiliates, and earnings of unincorporated foreign affiliates, net
mates in part B are based on the 1972S1C
utanoara inausinai uassmcawn
of corresponding payments. Receipts by U.S. residents of their share of reinvested earnings of their incorporated
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
Table 6.198.—Corporate Profits After Tax by Industry: 1948-58
[Millions of dollars]
Line
Corporate profits after tax .
1948
1949
1950
1952
1951
1953
1954
1955
1956
1957
1
23,434
19,376
25,273
22,179
20,764
21,305
21,586
27,684
28,293
27,453
2
22,173
18,251
24,004
20,435
18,876
19,507
19,624
25,330
25,472
24,361
Agriculture, forestry, and fisheries
Farms
Agricultural services, forestry, and fisheries .,
3
4
5
91
90
1
67
71
-4
86
87
-1
64
61
3
14
11
3
-9
-12
3
30
28
2
2
-2
4
3
-1
4
5
0
5
Mining
Metal mining
Coalmining
Oil and gas extraction
Nonmetallic minerals, except fuels
6
7
8
9
10
1,146
205
312
535
94
814
102
116
507
89
1,117
198
167
646
106
1,047
184
138
611
114
861
109
94
545
113
797
143
59
487
108
863
142
29
565
127
1,032
190
86
600
156
1,088
203
160
573
152
963
123
139
578
123
Construction
11
431
404
363
311
354
290
313
265
432
471
Manufacturing
12
11,991
9,476
13,299
10,956
9,591
10,355
10,517
14,342
13,974
13,329
Durable goods .
Lumber and wood products .
Furniture and fixtures..
Stone, clay, and glass products
Primary metal industries .
Fabricated metal products
Machinery, except electrical
Electric and electronic equipment
Motor vehicles and equipment
Other transportation equipment
Instruments and related products
Miscellaneous manufacturing industries
13
14
15
16
17
18
19
20
21
22
23
24
5,594
369
108
336
1,164
637
1,009
502
991
142
120
216
4,649
203
82
320
877
421
762
398
1,212
122
102
150
6,957
417
134
451
1,342
671
1,011
713
1,606
216
156
240
5,652
331
97
380
1,246
605
1,007
522
948
172
157
187
4,977
249
94
316
908
480
933
557
931
203
161
145
5,239
217
79
378
1.175
491
850
542
949
254
169
135
5,140
237
75
457
873
467
821
561
906
386
216
141
7,592
359
131
654
1,576
599
941
571
1,972
372
233
184
6,978
280
137
637
1,608
612
1.171
595
1.105
396
249
188
6,825
171
112
576
1,522
599
1,049
700
1,229
451
242
174
Nondurable goods .
Food and kindred products
Tobacco manufactures
Textile milt products
Apparel and other textile products .
Paper and allied products
Printing and publishing
Chemicals and allied products
Petroleum and coal products
Rubber and miscellaneous plastics products ....
Leather and leather products .............
25
26
27
28
29
30
31
32
33
34
35
6,397
935
142
911
179
492
367
933
2,225
134
79
4,827
926
155
385
97
341
342
912
1,526
89
54
6,342
1,023
150
670
174
548
334
1,310
1,814
226
93
5,304
758
124
435
75
535
302
1,037
1,817
177
44
4,614
716
118
213
95
419
309
857
1,680
144
63
5,116
798
139
219
79
434
308
872
2,067
147
53
5,377
811
155
112
84
461
317
1,053
2,188
135
61
6,750
962
184
285
122
575
413
1.422
2,492
215
80
6,996
932
192
299
126
685
423
1,379
2.673
214
73
6,504
894
208
247
100
540
434
1,375
2,455
177
74
Domestic industries
.
Transportation and public utilities .
36
1,957
1,758
2,430
2,282
2,336
2,373
2,212
2,806
2£86
2,761
Transportation .,
Railroad transportation
Local and interurban passenger transit
Trucking and warehousing
Water transportation
Transportation by air....
Pipelines, except natural gas
Transportation services
37
38
39
40
41
42
43
44
985
690
43
116
71
-2
38
29
673
380
21
108
80
15
43
26
1.114
713
24
156
73
48
70
30
941
553
36
106
105
51
59
31
848
550
31
101
48
34
55
29
751
457
22
112
45
39
51
25
391
116
16
101
11
52
64
31
688
315
26
128
63
60
59
37
652
307
20
90
97
32
66
40
465
255
23
105
2
-31
72
39
Communications
Telephone and telegraph
Radio and television
45
46
47
254
225
29
270
251
19
417
385
32
432
391
41
480
435
45
560
523
37
631
593
38
826
749
77
882
798
84
935
865
70
718
815
899
909
1,008
1,062
1,190
1,292
1,352
1,361
Wholesale trade
49
1,534
968
1,709
1,343
1,034
935
842
1,307
1,442
1,327
Retail trade
50
2,239
1,623
2,111
1,516
1,373
1,227
1,213
1,588
1,525
1,445
Finance, Insurance, and real estate .
51
2,403
2,782
2,572
2,611
2,996
3,253
3,347
3,669
3,753
3,683
52
53
54
55
56
57
58
59
60
1,141
61
1,060
308
0
565
46
418
-75
1,146
42
1,104
382
11
819
41
451
-68
1,159
-7
1,166
466
12
507
41
460
-73
1,311
39
1,272
486
-1
438
38
391
-52
1,334
54
1,280
688
4
596
46
372
-44
1,417
51
1,366
657
16
739
45
419
-40
1,317
46
1,271
741
39
794
46
466
-56
1,790
44
1,746
852
9
590
44
432
-48
2.124
66
2.058
952
6
269
61
346
-5
2,090
82
2,008
1,023
8
93
60
355
54
61
62
63
64
65
66
67
68
69
70
71
72
73
381
78
49
83
13
8
69
35
46
359
69
50
84
10
6
70
22
48
317
58
43
93
15
2
60
-1
47
305
51
42
90
15
2
45
3
57
317
56
42
90
17
0
44
13
55
286
41
43
95
17
-5
36
7
52
287
38
44
89
11
-16
73
-4
52
319
28
48
112
15
-8
63
-5
66
369
34
63
148
13
-3
34
-4
84
377
30
68
188
0
-9
15
-1
86
74
1,261
1,125
1,269
1,744
1,888
1,798
1,962
2,354
2£21
3,092
75
76
1,652
391
1,554
429
1,767
498
2,249
505
2,345
457
2J2&3
490
2,442
480
2,890
536
3.356
535
3,630
538
Electric, gas, and sanitary services
Banking
Federal Reserve banks .
Commercial and mutual banks
Credit agencies other than banks
Security and commodity brokers
Insurance carriers.,
Insurance agents, brokers, and service""".1"
Real estate .
Holding and other iiWestme^
Services
Hotels and other lodging places
Personal services
........
»services
forto repair, services, and parking .,
Miscellaneous repair services
Motion pictures .
Amusement and recreaton services !
Other services
Health services
Legal services .
Educational services .
Other'
Rwtot the world 2
Receipts from rest of the world
Less: Payments to rest of the world .
48
'
.....................
.........
!• Consists of social services, membership organizations, and miscellaneous professional services.
2.. Consists of receipts by all U.S. residents of dividends from their incorporated foreign affiliates, their share
or reinvested earnings of their incorporated foreign affiliates, and earnings of unincorporated foreign affiliates, net
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
of corresponding payments.
NOT?.—Estimates in part A of this table are based on the 1942 Standard Industrial Classification (SIC); and estimates in part B are based on the 1972 SIC.
Table 6.20A.—Net Corporate Dividend Payments by Industry: 1929-47
[Millions of dollars]
Line
Net corporate dividends
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
;
1931
1930
1929
1933
1932
1934
1935
1936
1937
1939
1938
1940
1941
1942
1943
1944
1945
1946
1947
1
5501
5,468
4,066
2,544
2,038
2567
2,844
4,523
4,660
3,165
3,766
4,018
4,432
4,256
4,453
4,637
4,653
5,625
6,323
2
5,569
5,331
4,070
2578
2,040
2507
2,685
4,419
4538
2,918
3582
3,784
4,201
4,031
4,215
4,344
4,425
5200
5,634
3
8
3
13
6
-1
16
17
33
26
10
14
18
21
21
26
23
13
21
44
4
5
3
5
-1
4
11
2
5
1
-2
1
15
1
15
2
31
2
24
2
9
1
12
2
16
2
18
3
19
2
22
4
21
2
12
1
17
4
41
3
6
309
207
111
69
58
160
122
161
226
155
159
216
233
206
150
112
95
105
145
7
8
9
10
11
185
16
27
49
32
85
13
24
63
22
35
9
16
31
20
10
6
7
34
12
11
1
4
34
8
28
3
28
89
12
35
3
11
56
17
72
3
16
49
21
121
1
12
70
22
62
1
7
71
14
91
0
9
42
17
105
3
15
75
18
101
4
16
92
20
139
7
21
21
18
65
6
23
37
19
53
7
23
11
18
36
6
26
10
17
40
13
28
2
22
63
10
37
4
31
Contract construction
12
60
67
40
19
19
14
19
33
39
20
21
21
26
24
22
20
17
28
34
Manufacturing
13
2,548
2,461
1,831
1,089
974
1,150
1,449
2,254
2^80
1,181
1,701
1,874
2,195
2,066
2,210
2,281
2,314
2,626
3,052
14
15
16
17
18
1,335
69
26
83
345
1,139
46
17
73
319
764
20
11
53
177
364
8
7
27
80
274
9
4
22
35
466
23
7
39
97
631
21
9
50
217
1,060
32
19
95
191
1,172
37
20
101
251
428
14
18
45
81
786
23
24
79
140
962
34
25
83
164
1,164
50
27
94
236
990
42
23
61
266
1,047
37
23
61
266
1,082
34
24
51
280
1,100
37
21
57
274
1,120
43
35
80
255
1,375
60
46
90
328
19
20
21
22
23
24
106
256
90
245
40
75
79
214
81
205
39
66
58
137
65
168
25
50
42
70
22
70
10
28
40
47
24
64
3
26
67
80
21
74
26
32
60
102
10
77
25
60
124
178
79
255
23
64
122
216
108
213
38
66
29
138
58
2
12
31
56
151
94
145
32
42
51
196
129
179
63
38
60
233
128
203
83
50
58
206
85
42
171
36
79
184
118
30
212
37
90
180
103
27
257
36
88
174
117
20
267
45
92
208
110
139
78
80
121
268
143
186
66
67
25
26
27
28
29
30
31
32
33
34
35
1,213
297
83
134
36
56
• 126
208
219
23
31
1,322
322
95
97
26
51
123
262
292
21
33
1,067
260
99
76
18
36
93
193
248
18
26
725
197
92
45
9
20
58
168
105
12
19
700
189
86
49
8
27
34
172
112
5
18
684
240
89
79
11
37
64
153
-6
-3
20
818
244
78
75
15
43
69
258
12
4
20
1,194
335
97
119
27
58
101
242
161
28
26
1,108
294
97
118
22
72
90
250
116
24
25
753
253
90
43
14
38
62
169
55
11
18
915
271
88
66
17
47
73
248
63
21
21
912
267
84
72
18
57
72
248
59
15
20
1,031
293
89
103
22
82
69
251
72
24
26
1,076
280
66
99
20
64
62
229
214
18
24
1,163
302
62
105
26
70
77
256
211
28
26
1,199
298
67
110
26
65
92
259
225
31
26
1,214
310
61
109
24
69
87
286
209
34
25
1,506
385
67
196
50
92
121
323
201
39
32
1,677
412
73
234
48
129
119
356
239
26
41
Durable goods
Lumber and basic timber 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
Electric and electronic equipment
Motor vehicles and equipment
Other transportation equipment
Miscellaneous manufacturing, including
instruments and miscellaneous plastic
products.
Nondurable goods
Food and kindred products
Tobacco manufactures
Textile milt products
Apparel and other textile products
Paper and allied products
Printing and publishing
Chemicals and allied products
Petroleum and coal products
Rubber products
leather and leather products
36
1,193
1,432
1,146
852
662
849
960
932
975
843
908
940
942
820
844
911
910
946
924
Transportation
Railroad transportation
Local and interurban passenger transit
Trucking and warehousing
Water transportation
Transportation by air
Pipelines, except natural gas
Transportation services
37
38
39
40
41
42
43
44
565
297
115
12
29
0
92
20
576
348
79
11
30
0
90
18
376
217
66
8
20
0
49
16
176
25
64
8
12
0
53
14
123
19
55
7
8
0
23
11
232
77
50
7
24
3
59
12
318
71
56
8
56
3
112
12
285
117
35
9
40
3
66
15
285
123
31
9
41
2
64
15
173
44
16
11
20
1
64
17
227
76
15
14
32
0
69
21
257
113
19
12
42
1
50
20
269
82
23
13
50
3
78
20
231
130
22
16
27
4
17
15
254
149
28
12
22
8
19
16
289
188
28
12
23
6
17
15
289
202
28
11
20
5
10
13
276
165
48
15
23
1
13
11
232
125
33
16
33
-1
15
11
Communication
Telephone and telegraph
Radio and television broadcasting
45
46
47
165
161
4
202
196
6
220
215
5
192
191
1
190
189
1
189
186
3
197
189
8
183
172
11
189
177
12
195
186
9
184
173
11
186
174
12
187
173
14
193
184
9
182
170
12
192
180
12
198
188
10
197
184
13
181
169
12
Electric, gas, and sanitary services
Utilities: electric and gas
local utilities and public services, n.e.c.
48
49
50
463
449
14
654
601
53
550
526
24
484
471
13
349
333
16
428
411
17
445
428
17
464
446
18
501
485
16
475
459
16
497
482
15
497
482
15
486
471
15
396
385
11
408
399
9
430
420
10
423
413
10
473
462
11
511
501
10
Transportation and public utilities
Wholesale trade
51
187
171
132
70
60
159
192
267
257
110
154
148
199
168
173
177
174
287
315
Retail trade and automobile services
52
344
297
242
139
112
168
225
376
347
236
270
282
299
276
309
309
321
513
527
Finance, insurance, and real estate
Banking
Security and commodity brokers, and services
Credit agencies (other than banks) and holding
and other investment companies.
Insurance carriers
Insurance agents and brokers, and services
Real estate
Services
Hotels and other lodging places
Personal services
Business services
Miscellaneous repair services
Motion pictures
Amusement and recreation services
Other services
Health services
Legal services
Educational services, n.e.c.
Social services and membership organizations ,,
Rest of the world1
53
832
614
503
299
135
-42
-331
294
311
303
295
220
215
389
401
432
495
536
463
54
55
56
411
5
0
392
6
-81
339
5
-91
250
5
-90
137
4
-94
167
4
-352
172
4
-691
172
19
-84
178
-1
-77
188
6
-60
196
3
-87
208
12
-174
212
6
-175
200
-1
68
215
_5
32
237
-2
56
265
-3
82
270
5
98
292
-2
39
57
58
59
60
16
340
42
15
240
44
16
190
9
8
117
5
7
76
3
8
128
20
10
154
5
9
173
4
10
197
28
11
130
35
10
138
16
12
146
1
13
158
_5
8
119
21
g
129
-10
8
143
6
7
138
-40
11
192
-69
15
188
60
88
79
52
35
21
33
32
69
77
60
60
65
71
61
80
79
86
138
130
61
62
63
64
65
66
67
68
69
70
71
6
11
37
3
17
11
3
4
7
24
2
33
8
1
2
5
13
1
26
4
1
1
3
16
1
10
2
2
0
2
11
0
5
1
2
0
2
17
1
7
3
3
-1
3
16
1
6
4
3
0
5
25
1
26
8
4
0
5
29
1
28
9
5
....
2
6
21
1
21
6
3
4
7
22
1
15
6
5
4
7
25
1
18
6
4
5
7
23•j
5
7
15
Q
s
s
18
^
24
8
3
26
4
4
35
5
5
8
10
18
1
32
6
4
9
10
19
1
34
10
3
17
13
25
1
59
17
6
15
11
28
1
53
16
6
72
232
104
122
247
184
234
231
225
238
293
228
425
689
R.:R.
137
-A
-34
-2
60
n.e.c. Not elsewhere classified.
1 Consists of receipts by all U.S. residents of dividends paid by the incorporated foreian affiliates and of earnings
of their unincorporated foreign affiliates, net of the corresponding payments. Estimates for 1929 include reinvested
earnings of incorporated affiliates. For other years, reinvested earnings are included in undistributed profits in
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
159
table 6.21.
NOTE.-Btimates in part A of this table are based on the 1942 Standard Industrial Classification (SIC); and estiv
mates in part B are based on the 1972 SIC
^ ^
Table 6.20B.—Net Corporate Dividend Payments by Industry: 1948-58
[Millions of dollars]
Line
Net corporate dividends
Domestic industries
1948
1949
7,030
7,222
6,194
Agriculture,forestry,and fisheries
Farms
Agricultural services, forestry, and fisheries
Mining
Metal mining
Coal mining
Oil and gas extraction
Nonmetallic minerals, except fuels .
Construction
1953
1952
1955
1956
1957
1958
8327
8385
8,875
9304
10376
11,435
11,846
11,617
7357
7,465
7,486
7,740
7382
8397
9,622
9360
9,883
31
31
30
1
45
43
2
51
48
3
60
57
3
39
37
2
215
196
67
58
40
31
306
104
57
104
41
306
316
72
45
152
47
75
67
92
69
21
33
1954
8,841
47
45
2
62
Manufacturing .
1951
1950
107
47
111
41
28
3
28
27
1
25
24
341
437
426
450
76
31
194
40
92
23
278
138
31
205
52
159
42
197
52
44
1
30
30
0
33
33
0
294
95
34
119
46
409
67
54
71
3354
3,462
4365
3,861
3333
4338
3,959
4381
5,005
5345
4332
Durable goods
Lumber and wood products
Furniture and fixtures
Stone, clay, and glass products ....
Primary metal industries
Fabricated metal products
Machinery, except electrical
Electric and electronic equipment .
Motor vehicles and equipment
Other transportation equipment
Instruments and related products ..
Miscellaneous manufacturing industries.,
1,539
87
31
104
270
179
288
137
243
84
44
72
1,702
72
29
116
270
171
280
140
430
48
65
2,378
98
39
143
408
197
334
220
717
92
59
71
2,026
95
30
137
368
198
320
208
460
89
54
67
2,027
83
29
140
359
183
328
229
457
95
67
57
2,101
70
29
163
379
183
325
259
462
108
71
52
2,159
74
28
178
345
187
300
269
514
134
76
54
2,649
89
34
192
506
196
309
302
704
156
97
64
2,749
87
35
245
494
200
340
342
668
161
105
72
2,813
76
39
232
532
214
372
333
673
159
113
70
2.604
77
28
227
495
195
324
328
601
156
109
64
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 miscellaneous plastics products ....
Leather and leather products
1.715
407
84
254
55
145
131
339
243
18
39
1,760
391
88
190
42
118
122
390
354
29
36
1387
415
90
219
46
154
120
503
279
25
36
1,835
426
89
213
34
185
108
456
285
6
33
1306
408
91
163
31
170
107
483
294
30
29
1,937
467
94
151
30
194
112
450
392
20
27
1300
417
98
119
27
202
111
550
208
41
27
2,032
427
135
27
220
125
668
254
45
31
2256
406
115
137
28
267
131
681
399
60
32
2,432
440
121
136
21
255
145
713
504
66
31
2,328
452
138
111
23
243
146
710
409
61
35
1,719
1377
2,161
2332
2,463
2399
260
29
27
32
9
31
387
266
33
24
28
10
14
12
466
305
29
29
49
13
25
16
484
332
31
27
29
14
31
20
480
333
25
30
30
10
32
20
459
282
29
28
30
11
57
462
455
7
513
501
12
1.182
621
605
16
1J227
700
676
24
1283
724
704
20
1,416
227
Transportation and public utilities
81
1,052
1,104
1,387
1329
1,636
Transportation
Railroad transportation
Local and interurban passenger transit
Trucking and warehousing
Water transportation
—
Transportation by air..
Pipelines, except natural gas .
Transportation services
296
197
30
19
31
-1
9
256
152
29
21
30
-2
15
350
200
27
26
34
5
47
375
250
31
22
39
7
11
11
11
10
358
241
33
20
36
8
10
10
Communications
Telephone and telegraph
Radio and television .
Electric, gas, and sanitary services .
217
208
9
539
236
231
5
612
289
273
16
748
321
314
Wholesale trade
365
316
379
349
Retail trade
558
511
582
545
Finance, insurance, and real estate .
512
551
691
617
296
12
284
95
-2
-64
16
195
-24
328
12
316
89
-3
-29
12
201
-47
380
13
367
110
-42
14
209
23
374
14
360
109
-5
-132
12
194
65
129
137
19
13
27
2
1
45
15
7
16
13
32
2
1
52
15
6
121
19
14
32
3
2
29
16
6
131
17
11
30
2
3
43
17
8
133
24
836
832
984
1,071
235
1,118
286
1392
308
Banking
Federal Reserve banks
IZ.Z..1
Commercial and mutual banks
Credit agencies other than banks ....
Security and commodity brokers
Insurance carriers .
Insurance agents, brokers, S"service "
Real estate
Holding and other investment offices
Services..
Hotels and other lodging places
Personal services
Business services
Auto repair, services, and parking ..
Miscellaneous repair services
Motion pictures .
Amusement and recreation services .
Other services
Health services
Legal services .
Educational services .
Other1
Rest of the world
2
Receipts from rest of the world
Less: Payments to rest of the world3 .
1 • Consists of social services, membership organizations, and miscellaneous professional services.
2. Consists of receipts by all U.S. residents of dividends paid by their incorporatedforeignaffiliates and remitted
earnings of their unincorporated foreign affiliates. Prior to 1982, also includes reinvested earnings of unincorporated
foreign affiliates.
3. Consists of payments by incorporated U.S. affiliates of-dividends paid to foreign residents and earnings of
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
16
7
833
361
353
8
917
311
529
615
11
415
409
6
905
1,028
100
22
214
246
250
507
543
554
552
531
689
761
819
923
967
576
20
556
215
-1
-345
9
189
280
642
21
621
243
217
423
16
407
179
-4
-127
13
192
13
453
16
437
173
-3
-192
10
171
84
498
18
480
166
-3
-266
9
179
178
520
19
501
173
-7
-335
108
16
11
31
6
1
21
14
8
105
16
12
28
2
1
19
19
112
27
13
31
3
3
10
16
122
22
16
34
5
2
14
18
It
121
12
31
2
2
36
16
10
1,162
1399
1,135
1422
1379
1313
1386
1,734
1.498
336
1.422
323
1.462
327
1,740
318
1,928
349
2.181
368
2267
381
2,133
394
15
379
142
0
-166
9
182
54
11
204
253
19
14
47
5
2
8
14
12
186
1
-334
8
199
265
116
14
11
46
8
1
10
14
12
unincorporated U.S. affiliates remitted toforeignresidents. Prior to 1980, also includes reinvested earrings of unincorporated U.S. affiliates.
NOTE—Estimates in part A of (his table are based on the 1942 Standard Industrial Classification (SiC); and estimates in part B are based on the 1972 SIC.
Table 6.21 A.—Undistributed Corporate Profits by Industry: 192&-47
[Millions of dollars]
Line
Undistributed corporate profits .
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
1934
1933
1932
1931
1935
1
3,425 -2,019 -4,207 -4,409
-831
-232
3,425 -2,019 -4,207 -4,409
-831
1937
1936
421
999
1,288
1946
1947
3,585
6,300
6,376
7,025
6,869
4,679
10,193
14,335
14,038
1941
1940
1943
1945
2,421
1939
1942
1944
249
1938
-232
421
999
1,138
195
2,281
3,553
6,140
6,223
6,891
6,739
4,565
9,927
3
-3
-43
-81
-72
-27
-46
-12
-21
-26
-24
-15
-9
11
22
20
21
20
67
52
4
5
-6
3
-46
3
-80
-1
-70
-2
-29
2
-48
2
-13
1
-24
3
-27
1
-24
0
-14
-1
-7
-2
10
1
15
7
21
-1
19
2
19
1
68
-1
53
-1
6
116
-101
-246
-151
-91
-15
32
121
226
90
144
193
264
193
214
268
208
241
575
7
8
9
10
11
45
-8
-16
74
21
-45
-2
-34
-38
18
-68
-3
-38
-127
-10
-56
-18
-34
-26
-17
6
-9
-?fi
-54
23
-4
-13
-19
-2
37
-14
-7
17
-1
47
85
-14
0
142
13
43
-13
-22
79
3
66
-13
1
76
14
92
2
22
64
13
92
9
42
99
22
48
7
50
69
19
57
7
66
71
13
42
9
73
133
11
43
1
49
103
12
16
12
62
113
38
86
15
197
229
48
69
33
-31
-91
-54
-10
3
25
11
5
12
38
91
113
69
33
20
115
224
1,730 -1,160 - 2 ^ 3 5
-2,450
-437
-53
235
643
733
11
1,308
2,006
3,530
3,132
3,443
3,369
1,884
4,661
7,729
-1,404 -1,712
-93
-103
-73
-85
-101
-75
-329
-389
-525
-7
-26
-24
-73
-263
-31
-18
-2
-1
45
-9
-6
12
-57
288
17
6
33
131
437
31
3
20
177
-106
-13
-9
8
-85
519
9
20
52
115
1,072
39
30
62
279
1,933
72
63
93
547
1,679
63
44
77
490
1,835
51
39
51
520
1,839
56
47
44
432
645
22
39
35
178
891
135
113
156
385
3,321
284
130
196
882
12
Manufacturing
13
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 products
Leather and leather products ....
1930-
2
Contract construction
Durable goods .
Lumber and basic timber products
..
Furniture and finished lumber products Stone, day, and glass products
Iron and steel and their products, including
ordnance.
Nonferrous metals and their products
Machinery, except electrical
«...
Electric and electronic equipment
Motor vehides and equipment .
Other transportation equipment
Miscellaneous manufacturing, inducting
instruments and miscellaneous plastic
products.
1929
-8
82
9
14
15
16
17
18
905
34
4
53
414
-649
-56
-58
-23
-77
19
20
21
22
23
24
81
176
-19
168
-5
-1
-41
-70
-127
-73
-42
-82
-79
-215
-189
-147
-76
-118
-97
-279
-209
-261
-61
-137
9
-91
-186
-21
-44
-62
28
8
-174
4
-51
-26
55
53
-64
124
-51
-12
27
102
-65
63
-22
-4
33
134
-45
87
0
-3
8
30
-66
34
-11
-2
70
123
-21
118
11
22
96
255
27
158
94
32
127
445
101
197
221
67
85
368
103
92
300
57
122
323
135
107
417
70
102
305
192
108
460
93
34
139
26
29
87
56
158
168
-71
-93
-168
108
262
627
321
581
-129
167
25
26
27
28
29
30
31
32
33
34
35
825
109
40
13
-6
38
104
160
363
-7
11
-511
-13
39
-269
-64
-931
-112
43
-198
188
114
-21
121
8
5
32
31
-124
1
21
210
115
20
-37
7
24
31
94
-45
0
1
190
50
24
0
5
24
46
4
8
7
22
355
102
20
39
20
29
41
76
11
2
15
296
-12
15
-34
3
38
28
62
205
-4
-5
117
33
22
-63
-2
-2
14
64
62
1
-12
789
182
35
79
24
50
43
160
172
26
18
934
165
37
91
29
85
57
193
232
33
12
1,597
284
26
251
68
130
68
269
398
62
41
1,453
335
35
232
80
94
75
238
249
77
38
1,608
327
32
196
80
87
137
241
412
58
38
1,530
320
17
181
79
96
148
196
397
61
35
1,239
280
16
161
84
67
144
105
307
41
34
3.770
844
33
646
265
269
289
539
631
143
111
4,408
699
37
705
244
455
270
677
1,128
99
94
29
-14
-95
-68
-50
-43
-13
-23
-415
-40
-49
-738
-138
56
-174
-81
-73
-51
-76
-120
-36
-45
36
402
-500
-782
-797
-567
-580
-645
-402
-353
-516
-152
0
383
1,014
1,147
777
277
213
585
Transportation
Railroad transportation
Local and interurban passenger transit .
Trucking and warehousing
Water transportation ..
Transportation by air
Pipelines, except natural gas
Transportation services
37
38
39
40
41
42
43
44
314
371
-70
27
18
-6
-15
-11
-220
-122
-42
15
-14
-19
-28
-10
-502
-394
-69
9
-17
-9
-13
-9
-507
-371
-80
2
-20
-3
-26
-9
-363
-311
-60
10
4
-3
-2
-1
-433
-356
-61
11
-9
-9
-1
-8
-456
-282
-90
13
-30
-6
-54
-7
-267
-202
^40
12
-9
-3
-13
-12
-294
-227
-58
10
-5
-5
2
-11
—410
-322
-74
15
-9
-3
-5
-12
-153
-132
-55
30
8
6
1
-11
-72
-99
-23
14
15
7
11
3
313
282
-18
27
25
8
-18
7
893
760
56
29
8
14
15
11
966
801
86
24
19
10
14
12
657
497
65
22
16
27
17
13
225
114
46
14
16
16
15
4
-57
-213
43
60
48
-27
13
19
423
272
-11
77
66
-38
22
35
Communication .
Telephone and telegraph
Radio and television broadcasting .
45
46
47
104
88
16
16
25
-9
-17
-9
-57
-56
-1
-75
-72
-3
-55
-60
5
—41
-44
3
-14
-20
6
-7
-13
6
-26
-30
4
31
25
6
28
19
9
8
2
6
10
4
6
46
37
9
42
28
14
2
-12
14
37
13
24
-8
-29
21
Electric, gas, and sanitary services ....
Utilities: electric and gas..
Local utilities and public services, n.e.c. .
48
49
50
-16
-34
18
-296
-269
-27
-263
-255
-8
-233
-243
10
-129
-147
18
-92
-103
11
-148
-159
11
-121
-124
3
-52
-59
7
-80
-79
-1
-30
-36
6
44
37
7
62
53
9
111
102
9
135
106
29
78
59
19
50
38
12
233
226
7
170
128
42
Transportation and public utilities .
Wholesale trade
51
166
-148
-236
-233
69
102
88
161
103
74
200
278
455
375
365
394
408
1,256
1,390
Retail trade and automobile services
52
231
-138
-325
-438
-1
196
189
191
158
71
234
301
539
551
586
570
616
1,570
1,783
Finance, insurance, and real estate
53
646
6
-112
-6
271
181
524
289
301
509
546
729
812
711
870
1,116
953
1,455
1,389
54
55
56
526
177
84
370
-193
23
325
-219
33
321
-50
26
396
-101
3
250
0
194
286
-22
558
338
2
-64
378
-50
-38
346
-17
-21
356
9
27
397
-12
174
434
-7
194
425
-4
27
526
11
50
609
16
13
622
24
-22
773
8
4
744
1
129
57
58
59
139
13
-293
67
7
-268
74
8
-333
151
17
-471
409
13
-449
213
15
-491
146
10
-454
335
11
-333
313
9
-311
365
7
-171
311
10
-167
317
8
-155
284
11
-104
329
8
-74
277
5
1
420
7
51
280
6
43
497
22
151
252
29
234
Banking
Security and commodity brokers, and services ...
Credit agendes (other than banks) and holding
and other investment companies.
Insurance carriers .
Insurance agents and brokers, and services .
Real estate
Services.
Hotels and other lodging places .
Personal services
Business services ,
Miscellaneous repair services
Motion pictures
Amusement and recreation services
Other services .
Health services..
Legal services .
Educational services, n.e.c. .
Social services and membership organizations ....
Rest of the world'..........
60
68
32
-59
-171
-94
-7
7
-a
-15
-25
4
17
55
112
177
191
179
349
311
61
62
63
64
65
66
67
68
69
70
71
4
21
10
2
32
-6
5
-8
19
18
2
9
-13
5
-26
10
4
1
-28
-18
-2
-35
0
-11
1
-96
-23
-7
-30
10
-6
2
-48
-16
-6
-23
20
7
4
-9
-24
20
2
3
-7
-1
-1
-23
18
-2
2
-5
-2
-3
-32
4
2
1
7
-2
-22
20
9
2
2
-2
-2
-3
-27
8
11
0
15
0
-3
-15
9
4
1
21
-1
-2
-12
14
14
4
32
1
2
8
20
15
6
54
3
6
39
24
18
4
72
7
13
45
26
22
4
77
9
8
45
22
24
3
66
17
2
67
37
46
5
120
39
35
60
44
53
9
82
22
41
72
0
0
0
0
0
0
150
54
140
32
160
153
134
130
114
266
297
1 1 1
0
0
—
n.e.c. Not elsewhere classified.
to 1939. Estimates for 1929 are induded in dividends paid in table 6.20.
1. Consists of receipts by a n U.S. residents of their share of ihe reinvested earnings of their incorporated
foreign
NOTE.—Estimates in part A of this table are based on the 1942 Standard Industrial Classification (SIC); and €
affiliates, net of the corresponding payments to foreign residents for their share of the reinvested earnings of their
mates in part B are based on the 1972 SIC.
incorporated U.S. affiliates. Receipts are not induded from 1930 to 1936; payments are not induded from 1930
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
Table 6.21 B.—Undistributed Corporate Profits by Industry: 1948-58
[Millions of dollars]
Line
Undistributed corporate profits .
1948
1949
1951
1950
1952
1953
1954
1955
1956
1957
1958
1
16,404
12,154
16,432
13,552
12,179
12,430
12382
17,108
16,858
15,607
12,149
2
15,979
11,861
16,147
12,970
11,390
11,767
11,742
16333
15,850
14,401
11,360
Agriculture, forestry, and fisheries
Farms
Agricultural services, forestry, andfisheries.
3
4
5
44
45
-1
22
28
-6
35
39
-4
4
4
0
-25
-26
1
—40
-42
2
-1
0
-1
-26
-29
3
-22
-25
3
-25
-30
5
-15
-40
25
Mining
Metal mining
Coalmining
Oil and gas extraction ..
Nonmetallic minerals, except fuels .
6
7
8
9
10
931
113
243
514
61
618
35
58
467
58
811
94
110
542
65
741
77
91
500
73
545
37
49
393
66
456
67
28
293
68
426
50
6
287
83
606
52
55
395
104
638
44
118
376
100
669
28
105
459
77
382
46
51
242
43
Construction
11
369
336
288
244
280
226
251
194
363
389
379
Manufacturing .
12
8,737
6,014
9,034
7,095
5,758
6,317
6358
9,661
8,969
8,084
5,548
13
14
15
16
17
18
19
20
21
22
23
24
4,055
282
77
232
894
458
721
365
748
58
76
144
2,947
131
53
204
607
250
482
258
782
41
54
85
4,579
319
95
308
934
474
677
493
889
124
97
169
3,626
236
67
243
878
407
687
314
488
63
103
120
2,950
166
65
176
549
297
605
328
474
108
94
88
3,138
147
50
215
796
308
525
283
487
146
98
83
2,981
163
47
279
528
280
521
292
392
252
140
87
4,943
270
97
462
1,070
403
632
269
1368
216
136
120
4,229
193
102
392
1,114
412
831
253
437
235
144
116
4.012
95
73
344
990
385
677
367
556
292
129
104
2,072
165
52
334
456
272
344
285
-226
176
120
94
25
26
27
28
29
30
31
32
33
34
35
4,682
528
58
657
124
347
236
594
1,982
116
40
3,067
535
67
195
55
223
220
522
1,172
60
18
4,455
608
60
451
128
394
214
807
1,535
201
57
3,469
332
35
222
41
350
194
581
1,532
171
11
2,808
308
27
50
64
249
202
374
1,386
114
34
3,179
331
45
68
49
240
196
422
1,675
127
26
3,577
394
57
-7
57
259
206
503
1.980
94
34
4.718
535
84
150
95
355
288
754
2,238
170
49
4,740
526
77
162
98
418
292
698
2374
154
41
4,072
454
87
111
79
285
289
662
1,951
111
43
3,476
587
108
102
90
213
228
480
1,506
137
25
Domestic industries
9 goods
Lumber and wood products
Furniture and fixtures
Stone, clay, and glass products .
Primary metal industries
Fabricated metal products
Machinery, except electrical
Electric and electronic equipment
Motor vehicles and equipment
Other transportation equipment
Instruments and related products
Miscellaneous manufacturing industries
Nondurable goods
Food and Kindred products .
Tobacco manufactures
Textile mill products .
Apparel ana other textile products
Paper and allied products
Printing and publishing
Chemicals and allied products
Petroleum and coal products
Rubber and miscellaneous plastics products .
Leather and leather products
Transportation and public utilities .
36
905
654
1,043
753
700
654
335
645
554
298
200
Transportation.,
Railroad transportation
Local and interurban passenger transit .
Trucking and warehousing
Water transportation ..
Transportation by air
Pipelines, except natural gas
Transportation services
37
38
39
40
41
42
43
44
689
493
13
97
40
-1
29
18
417
228
-8
87
50
17
28
15
764
513
-3
130
39
43
23
19
566
303
5
84
66
44
43
21
490
309
-2
81
12
26
45
19
352
197
-7
85
13
30
20
14
4
-150
-17
77
-17
42
50
19
222
10
-3
99
14
47
34
21
168
-25
-11
63
68
18
35
20
-15
-78
-2
75
-28
—41
40
19
-134
-204
Communications .
Telephone and telegraph „
Radio and television
45
46
47
37
17
20
34
20
14
128
112
16
111
77
34
119
82
37
145
114
31
169
138
31
313
248
65
261
193
68
235
189
46
383
325
58
Electric, gas, and sanitary services .
Wholesale trade
Retail trade
..
Finance, Insurance, and real estate .
Banking .
Federal Reserve banks
Commercial and mutual banks
Credit agencies other than banks
Security and commodity brokers
Insurance carriers ..
Insurance agents, b^ere,"and service "11"
Real estate
Holding and other investment offices
Services
Hotels and other lodging places .
Personal services .
Business services.,
toto repair, services,"^"parkir^*"!
Miscellaneous repair services
Motion pictures .
Amusement and recreation services .
Other services
Health services
«...
Legal services .
Educational services'"
Other1
Rest of the worid
Receipts from rest of the worid2
Less: Payments to rest of the work!3 .
48
179
203
151
76
91
157
162
110
125
78
-49
49
1,169
652
1,330
994
723
692
625
1,093
1,196
1,077
1,020
50
1,681
1,112
1,529
971
844
720
715
1345
971
893
51
1,891
2,231
1,881
1,994
2,381
2364
2351
2,908
2334
2,760
2,733
52
53
54
55
56
57
58
59
60
845
49
796
213
2
629
30
223
-51
818
30
788
293
14
848
29
250
-21
779
-20
799
356
15
549
27
251
-96
937
25
912
377
4
570
26
197
-117
940
39
901
546
4
762
37
190
-98
994
35
959
478
20
866
32
227
-53
864
30
834
568
42
986
36
295
-140
1592
26
1366
686
12
856
35
253
-226
1,604
47
1,557
779
13
604
50
142
-258
1,514
62
1,452
808
9
438
51
166
-226
1,154
50
1,104
931
7
641
60
213
-273
61
252
222
196
174
184
178
182
207
247
256
224
62
63
64
65
66
67
68
69
/u
•7*
(i
72
73
59
36
56
11
7
24
2039
53
37
52
8
5
18
7
42
39
29
61
12
0
31
-17
41
34
31
60
13
-1
2
-14
49
32
30
59
15
-2
8
-3
45
25
32
64
11
15
-7
44
22
32
61
9
-17
54
-23
44
1
35
81
12
-11
53
-21
57
12
47
114
8
-5
20
-22
73
11
54
141
-5
-11
7
-15
74
-6
61
134
6
-15
-21
S
73
775
1,008
1306
789
962
187
1,175
167
1,363
157
945
156
-.1*1"
—
74
425
293
285
582
789
663
540
75
76
581
156
436
143
475
190
751
169
923
134
826
163
702
162
1. Consists of social services, membership organizations, and miscellaneous professional services.
2. Consists of receipts by all U.S. residents of their share of the reinvested earnings of their incorporated foreign
affiliates and reinvested earnings of their unincorporated foreign affiliates. Prior to 1982, reinvested earnings of unincorporatedforeignaffiliates were treated as dividends.
3. Consists of payments to foreign residents of their share of the reinvested earnings of their incorporated U.S.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
-1
69
-15
-15
15
17
affiliates and reinvested vested earnings of their unincorporated U.S. affiliates. Prior to 1980. reinvested earnings
of unincorporated U.S. affiliates were treated as dividends.
NOTE.—Estimates in part A of this table are based on the 1942 Standard Industrial Classification (SIC): and estimates in part B are based on the 1972 SIC.
Table 6.22A.—Corporate Capital Consumption Allowances by Industry: 1929-47
[Millions of dollars]
Line
Corporate capital consumption allowances
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
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
1941
1942
1944
1943
1945
1946
1947
3,927
3,792
3,793
3,811
3,859
3,879
3,942
4,043
4,510
5,371
5,781
6,571
6,875
5,151
6,325
1
4,577
4,623
4,559
4,155
2
34
36
34
33
29
31
30
34
33
29
28
28
29
28
31
30
30
25
32
3
4
22
12
25
11
24
10
25
8
22
7
23
8
22
8
25
9
25
8
22
7
20
8
22
6
23
6
22
6
25
6
24
6
24
6
18
7
23
9
5
290
249
255
222
222
262
249
247
251
249
240
246
268
254
222
232
235
225
271
6
7
8
9
10
51
19
51
140
29
43
12
47
118
29
35
14
44
135
27
26
13
41
118
24
25
12
38
125
22
20
10
43
167
22
26
9
40
155
19
32
9
39
149
18
36
8
39
151
17
31
10
38
154
16
35
7
37
145
16
37
6
40
148
15
44
6
41
160
17
51
9
41
136
17
34
7
41
121
19
41
8
43
122
18
37
9
46
125
18
19
8
49
123
26
19
9
58
153
32
-
11
71
74
67
56
44
40
40
42
45
38
42
40
45
50
46
41
39
56
96
.....
12
1,884
1,959
1,854
1,699
1,639
1,408
1,386
1,424
1*498
1,531
1,570
1,665
1,891
2,430
2,827
3,310
3,346
2,242
2,726
13
14
15
16
17
813
54
27
77
249
830
49
26
82
248
754
37
25
78
228
668
28
22
72
200
635
29
21
65
201
585
25
18
63
171
584
25
17
60
173
587
27
20
54
196
625
30
18
62
203
591
27
21
63
188
613
29
21
64
208
692
29
23
65
232
851
33
22
66
283
1,191
36
22
64
449
1,445
37
23
67
549
1,631
37
23
67
658
1,535
33
25
65
590
948
36
30
64
321
1,192
55
39
80
382
18
19
20
21
22
23
53
110
43
134
20
46
57
114
44
136
29
45
51
104
38
122
27
44
46
92
37
105
25
41
45
88
32
91
24
39
45
85
43
83
19
33
46
83
37
89
23
31
49
86
39
64
25
27
57
92
42
64
29
28
33
98
50
66
24
21
33
100
48
59
31
20
34
105
52
93
37
22
54
136
66
106
60
25
85
182
91
108
125
29
132
206
105
138
150
38
149
217
134
142
163
41
140
217
114
141
169
41
58
160
77
123
39
40
71
207
100
158
47
53
24
25
26
27
28
29
30
31
32
33
34
1,071
213
11
141
15
65
66
103
402
37
18
1,129
222
8
136
13
66
65
108
454
40
17
1,100
210
9
136
14
68
70
106
431
40
16
1,031
201
9
119
12
65
60
105
413
33
14
1,004
196
7
124
12
65
56
95
400
34
15
823
176
11
114
10
62
50
91
268
29
12
802
170
6
110
10
60
49
90
274
21
12
837
176
8
105
10
61
48
96
301
20
12
873
183
8
102
10
64
48
105
320
21
12
940
193
8
93
12
64
48
123
365
22
12
957
190
8
93
11
66
48
126
374
29
12
973
190
8
90
11
68
47
134
384
29
12
1,040
194
8
96
13
74
47
160
405
31
12
1,239
210
8
108
15
84
48
208
510
36
12
1,382
210
7
109
14
87
48
259
593
43
12
1,679
219
8
107
15
88
46
296
831
58
11
1,811
221
8
106
17
90
46
339
850
123
11
1,294
250
7
111
23
86
50
183
526
42
16
1,534
308
9
131
31
100
63
228
592
53
19
Durable goods
Lumber and basic timber products
Furniture and finished lumber products
Stone, clay, and glass products
Iron and steel and their products, including
Nonferrous metals and their products
Machinery, except electrical
Electric and electronic equipment
Motor vehicles and equipment
Other transportation equipment
Miscellaneous manufacturing, inducing
instruments and miscellaneous plastic products.
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 products
Leather and leather products
1929
.....
35
1,432
1,401
1,436
1,287
1,196
1,208
1,248
1,199
1,172
1,142
1,189
1,164
1,353
1,719
1,796
2,119
2,398
1,630
1,951
Transportation
Railroad transportation
Local and interurban passenger transit
Trucking and warehousing
Water transportation
Transportation by air
Pipelines, except natural gas
Transportation services
36
37
38
39
40
41
42
43
857
590
115
' 37
52
9
40
14
754
504
108
37
47
11
33
14
724
474
106
39
48
13
29
15
571
338
103
34
46
12
24
14
521
309
90
31
45
9
24
13
591
324
118
31
62
8
35
13
583
327
113
32
57
8
34
12
532
283
112
32
53
9
30
13
501
273
99
34
46
8
28
13
466
231
84
48
42
10
33
18
518
293
78
47
41
11
30
18
507
276
80
46
40
15
32
18
679
419
84
53
52
20
32
19
997
637
83
52
163
15
28
19
1,037
749
89
53
81
12
34
19
1,301
1,031
95
51
55
14
35
20
1,553
1,285
93
51
51
23
28
22
930
673
83
58
34
45
20
17
1,179
826
100
85
51
71
27
19
Communication
Telephone and telegraph
Radio and television broadcasting
44
45
46
224
218
6
254
244
10
269
256
13
255
242
13
239
226
13
213
207
6
216
210
6
214
206
8
211
205
6
210
203
7
209
203
6
195
189
6
201
195
6
236
228
8
249
242
7
253
246
7
258
251
7
238
238
0
273
265
8
Electric, gas, and sanitaryrvices
Utilities: electric and gas
Local utilities and public services, n.e.c.
47
48
49
351
337
14
393
380
13
443
426
17
461
438
23
436
415
21
404
387
17
449
433
16
453
437
16
460
444
16
466
449
17
462
447
15
462
446
16
473
458
15
486
473
13
510
499
11
565
554
11
587
574
13
462
449
13
499
484
15
Transportation and public utilities
Wholesale trade
50
103
107
102
88
79
96
98
101
83
85
79
80
89
90
85
85
82
112
179
Retail trade and automobile services
51
224
228
234
213
195
192
188
194
220
220
226
229
241
244
233
220
213
271
394
Finance, insurance, and real estate
52
396
429
443
427
410
440
438
451
429
442
427
448
448
402
394
393
391
419
456
53
54
55
68
8
31
71
8
30
71
7
29
65
5
27
60
5
25
56
2
27
55
1
32
56
1
36
56
1
28
56
1
31
55
1
25
55
1
38
55
1
40
54
1
19
53
1
14
51
1
17
49
1
23
56
2
19
62
2
26
56
57
58
12
1
276
15
1
304
17
2
317
20
1
309
26
1
293
30
1
324
37
1
312
41
2
315
43
2
299
43
1
310
43
1
302
43
2
309
40
2
310
37
2
289
32
2
292
26
2
296
20
1
297
19
4
319
21
5
340
59
143
140
134
130
113
115
116
119
128
143
141
143
146
154
147
141
141
171
220
60
61
62
63
64
65
66
67
68
69
32
17
15
1
53
19
6
33
18
15
2
45
19
8
31
17
14
1
48
16
7
31
17
13
1
46
16
6
28
16
10
1
40
13
5
34
19
11
1
32
13
5
40
22
10
1
26
12
5
41
22
11
1
27
12
5
46
25
11
1
27
13
5
50
28
16
2
28
12
7
50
26
15
2
28
13
7
49
27
16
1
30
14
6
50
27
17
2
29
14
7
50
27
18
2
35
14
8
49
25
18
3
31
11
10
51
23
16
3
30
11
7
51
22
17
2
31
12
6
59
25
21
2
36
17
11
70
35
32
3
42
23
15
Banking
—
Security and commodity brokers, and services
Credit agencies (other than banks) and holding and
other investment companies.
Insurance carriers
.......
Insurance agents and brokers, and services
Real estate
Services
Hotels and other lodging places
Personal services
Business services
Miscellaneous repair services
Motion pictures
Amusement and recreation services
Other services
Health services
Legal services
Educational services, n.e.c.
...
n.e.c. Not elsewhere ciassified.
NOTE.—Estimates in part A of this table are based on the 1942 Standard Industrial Classification (SIC); and estimates in part B are based on the 1972 SIC.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
Z
•
Table 6.22B.—Corporate Capital Consumption Allowances by Industry: 1948-58
[Millions of dollars]
Line
1948
1949
1950
1952
1951
1954
1953
1955
1956
1958
1957
1
7,535
8,475
9,327
10,840
12,088
13,819
15,485
17,939
19,435
21558
22,442
Agriculture, forestry, and fisheries
Farms
Agricultural services, forestry, and fisheries
2
3
4
39
28
11
46
33
13
52
37
15
63
46
17
72
54
18
75
56
19
79
59
20
99
74
25
97
72
25
106
79
27
130
98
32
Mining
Metal mining
Coal mining
Oil and gas extraction
Nonmetallic minerals, except fuels
5
6
7
8
9
351
28
87
195
41
412
26
90
249
47
494
27
103
313
51
554
31
108
358
57
611
27
107
411
66
636
31
105
429
71
642
43
108
410
81
782
85
114
482
101
830
88
119
514
109
901
98
136
548
119
887
91
136
527
133
Corporate capital consumption allowances ..
Construction
10
147
181
213
252
279
296
340
416
457
538
585
Manufacturing
11
3,227
3,619
3,925
4,555
5265
6252
7244
8,315
8,943
9537
10,479
Durable goods
Lumber and wood products
Furniture and fixtures
Stone, clay, and glass products
Primary metal industries
Fabricated metal products
Machinery, except electrical
Electric and electronic equipment
Motor vehicles and equipment
Other transportation equipment
Instruments and related products
Miscellaneous manufacturing industries
12
13
14
15
16
17
18
19
20
21
22
23
1,425
82
28
100
370
146
240
122
185
56
33
63
1,573
91
32
115
400
158
273
132
202
64
38
68
1,720
99
33
129
440
169
302
150
228
62
43
65
2,054
121
40
152
530
204
354
179
249
88
63
74
2.496
131
43
180
705
234
417
217
294
120
75
80
3,123
136
45
222
1,017
267
472
263
382
148
83
88
3,579
142
53
244
1,183
295
547
301
456
167
94
97
4,068
168
59
284
1,303
337
628
352
526
184
112
115
4,388
181
60
303
1,341
345
689
392
613
202
138
124
4556
185
67
362
1,406
392
755
435
730
238
151
135
5.054
194
72
462
1,313
428
774
476
741
278
168
148
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 miscellaneous plastics products ...
Leather and leather products
24
25
26
27
28
29
30
31
32
33
34
1,802
371
11
156
41
122
80
277
655
67
22
2,046
430
13
174
48
140
95
327
731
63
25
2205
463
14
193
48
154
107
369
767
67
23
2,501
516
15
210
54
179
122
432
861
86
26
2.769
546
14
223
56
204
131
539
932
96
28
3,129
559
17
242
59
234
143
660
1,078
110
27
3.665
617
19
258
64
275
154
784
1,341
126
27
4247
698
21
290
72
338
182
916
1549
151
30
4,555
721
24
306
73
370
201
973
1,686
166
35
4581
783
27
327
74
419
223
1,045
1556
189
38
5.425
948
31
320
83
464
250
1,127
1,944
218
40
'
35
2,199
2,309
2,539
3,009
3287
3,736
4,031
4,621
4525
5253
5,443
Transportation
Railroad transportation
Local and interurban passenger transit
Trucking and warehousing
Water transportation
Transportation by air
Pipelines, except natural gas
Transportation services
36
37
38
39
40
41
42
43
1,349
901
121
112
77
85
31
22
1,400
898
136
133
91
85
33
24
1,463
932
125
152
92
89
49
24
1,783
1,159
133
198
105
95
56
37
1,965
U05
135
212
112
103
60
38
2231
1.473
138
233
121
144
69
53
2207
1,396
121
262
123
173
74
58
2,460
1527
141
325
136
179
80
72
2517
1,491
150
379
138
197
84
78
2,603
1.469
146
407
145
261
79
96
2568
1,361
141
410
183
301
87
85
Communications
Telephone and telegraph
Radio and television
44
45
46
323
312
11
345
326
19
413
390
23
449
424
25
471
445
26
517
485
32
579
534
45
647
586
61
688
627
61
768
691
77
839
765
74
Electric, gas, and sanitary services
2,036
Transportation and public utilities
47
527
564
663
777
851
988
1245
1514
1,720
1582
Wholesale trade
48
254
322
378
441
465
488
538
668
736
793
765
Retail trade
49
496
578
651
715
760
808
868
1513
1,106
1233
1252
Finance, Insurance, and real estate
Banking
Federal Reserve banks
Commercial and mutual banks
Credit agencies other than banks
Security and commodity brokers
Insurance carriers
insurance agents, brokers, and service
Real estate
Holding and other investment offices
Services
Hotels and other lodging places
Personal services
"
Business services
M o repair, services, and parking
Miscellaneous repair services
Motion pictures
Amusement and recreation services
Other services
Health services
Legal services
Educational services ............
Other1
..
....
50
519
633
675
789
853
963
1,099
1262
1597
1507
1,760
51
52
53
54
55
56
57
58
59
73
1
72
16
2
29
4
381
14
83
1
82
17
3
36
5
437
52
91
1
90
20
3
45
6
490
20
101
2
99
25
3
64
7
573
16
112
3
109
27
3
75
7
610
19
125
3
122
34
3
90
10
681
20
144
3
141
41
4
101
12
775
22
174
3
171
49
4
114
14
873
34
193
3
190
55
6
129
17
956
41
222
4
218
70
5
138
18
1,097
57
248
4
244
88
6
148
21
1,195
54
60
61
62
63
64
65
66
67
68
69
70
71
72
303
82
47
47
25
4
54
29
15
375
91
55
58
32
5
83
34
17
400
98
60
72
40
6
71
35
18
462
108
67
90
55
6
79
36
21
496
110
70
104
66
7
80
38
21
565
117
76
119
93
10
86
40
24
644
132
75
134
114
12
101
51
25
763
151
88
163
139
13
117
61
31
944
168
99
21B
203
17
131
72
36
1590
198
108
267
244
22
117
89
45
1,141
197
124
298
258
12
98
107
47
1. Consists of social services, membership organizations, and miscellaneous professional services,
NOTE.—Estimates in part A of this table are based on the 1942 Standard Industrial Classification (SIC); and estimates in part B are based on the 1972 SIC.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
7. Quantity and Price Indexes
Table 7.1.-Fixed-Weighted and Alternative Quantity and Price Indexes for Gross Domestic Product: Annual, 1929-58, and Quarterly,
1947-58
[Index numbers, 1987=100; quarters seasonally adjusted]
Line
Gross domestic product:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
-
1929
1930
1935
1934
1933
1932
1931
1936
1937
1938
1939
1940
1941
1942
1943
1
2.3
2.0
1.7
1.3
12
1.4
1.6
1.8
2.0
1.9
2.0
2.2
2.8
3.5
42
2
3
4
18.1
165
15.2
13.2
12.9
13.9
15.0
17.1
17.9
172
18.5
20.0
23.6
28.3
33.9
125
12.1
11.0
9.7
9.5
10.3
10.6
10.6
112
10.9
10.8
11.0
11.7
12.3
12.5
Price indexes:
5
6
7
8
Implicit price deflator
Personal consumption expenditures:
2.5
2.3
2.0
1.6
1.5
1.7
1.8
2.0
2.2
21
2.2
2.3
2.7
2.9
3.3
10
11
12
18.2
17.0
16.4
15.0
14.7
15.1
16.0
17.5
18.2
17.8
18.6
19.5
20.6
20.6
212
13
14
15
16
20.6
19.2
17.1
152
14.5
14.8
14.9
15.1
15.5
15.4
15.2
15.3
16.0
17.7
18.8
14.0
13.5
12.1
10.7
10.3
112
11.5
11.6
12.0
11.8
11.8
12.0
12.9
14/l
15.4
9
Quantity indexes:
Fixed 1987 weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Benchmark-years weights
Implicit price deflator
Durable goods:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
-
Nondurable goods:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-vears weiohts
Implicit price deflator
Services:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-tvoe annual weiohts
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-tvoe annual weiohts
Benchmark-years weights
Implicit price deflator
Gross private domestic Investment:
Curent dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-tvoe annual weiohts
Benchmark-years weights
Implicit price deflator
Fixed investment:
Current dollars Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-vears weiohts
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-vears weiohts
knnlicrt oriee deflator
Nonresidential:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weiohts
Benchmark-vears weiohts
Price indexes:
Fixed 1987 weights
Chain-type annual weiohts
Benchmark-years weights
Imolicit orice deflator
Structures:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights. ...
Price indexes:
Fixed 1987 weights
Chain-type annual weiohts . ,..
Benchmark-years weights
Implicit price deflator
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
-
17
2.3
1.8
1.4
.9
.9
1.0
1.3
1.6
1.7
1.4
1.7
1.9
2.4
1.7
1.6
18
19
20
11.9
9.4
8.0
6.1
6.0
6.9
8.6
10.7
11.2
9.0
10.5
12.0
13.5
9.4
8.5
21
22
23
24
46.5
40.5
33.8
28.6
26.8
28.1
27.7
27.7
28.6
28.5
28.0
28,2
29.8
34.B
36.6
19.2
18.8
16.9
14.9
142
152
14.8
14.7
15.3
15.7
15.7
16.1
17,7
182
19.1
25
3.7
3.4
2.9
2.2
22
2.6
2.9
3.3
3.5
3.4
3.5
3.7
4.2
5.0
5.8
26
27
28
23.6
22.7
22.6
20.9
20.3
21.3
22.4
25.0
26,0
26.4
27.7
29.0
30.8
31.4
32.4
29
30
31
32
18.3
17.5
15.2
13.3
132
142
14.5
14.5
15.0
14.4
142
14.3
15.3
17.6
19.3
15.8
U8
12J
10.7
10.9
12.4
13.0
13.0
13.4
12.7
12.6
12.6
13.8
16.0
17.9
33
1.9
1.8
1.6
1.4
12
1.3
1.3
1.4
1.5
1.5
1.5
1.6
1.7
1.9
2.1
34
35
36
16.4
15.4
14.7
13.5
13.3
13.3
13.8
14.6
15.1
14.6
15.0
15.5
16.1
16.7
17.4
37
38
39
40
15.8
15.2
14.3
132
12.3
12.0
12.1
12.3
12.7
12.8
12.8
12.9
13.1
13.6
14.1
11.4
11*5
10.9
10.1
9.3
9.4
9.5
fab
10.3
10.3
10.4
10.8
11.4
12.1
QR
y.o
41
22
1.4
.8
2
.2
.5
.9
12
1.6
.9
1.2
1.8
2.4
1.4
.8
42
43
44
20.4
14.3
9.0
3.3
3.6
5.5
8.7
12.0
14.2
9.3
12.5
16.3
19.9
10.9
7.1
.8
1.0
1.3
1.1
1.3
1.6
1.9
12
1.0
45
46
47
48
49
2.1
15
1.0
.5
,4
.5
50
51
52
19.7
14.9
10.4
5.9
5.1
6.5
8.3
11.0
12.8
10.4
12.5
14.8
16.9
9.7
7.4
10.5
102
9.4
8.5
8.5
9.1
9.3
9.4
10.3
102
10.1
10.5
11.3
12.2
12.8
1.1
.6
.5
.7
.9
1.2
1.5
1.1
1.2
1.6
1.9
1.3
1.1
53
54
55
56
57
22
1.7
58
59
60
20 2
16.6
10.8
6.3
5.6
6.9
8.5
11.6
13.9
10.3
11.4
13.9
16.4
10.0
8.3
10.9
10.4
9.8
9.1
9.1
9.7
10.1
9.9
108
iae
10.8
112
11.9
12.7
132
61
62
63
64
65
32
2.6
1.5
.6
.7
.8
1.1
1.6
12
1.3
1.5
1.9
1.3
1.0
66
67
68
34.4
29.0
18.7
11.0
8.6
9.5
10.6
14.0
17.7
14.1
14.9
16.9
20.1
122
8.9
9.3
9.0
82
7.4
7.4
7.6
7.9
7.8
8.9
8.8
8.7
8.8
9.4
10.7
11.6
69
70
71
72
J&
Table 7.1 .-Fixed-Weighted and Alternative Quantity and Price Indexes for Gross Domestic Product: Annual, 1929-58, and Quarterly
1947-58—Continued
[Index numbers, 1987=100; quarters seasonally adjusted]
Line
Producers* durable equipment:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Price indexes:
Fixed 1987 weights
Benchmark-years weights
Implicit price deflator
Residential:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
Exports of goods and services:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
implicit price deflator
Imports of goods and services:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
Government purchases:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights ..
Benchmark-years weights . .
Implicit price deflator
Federal:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes;
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
National defense:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-tvoe annual weinhte
Benchmark-years weights
Implicit price deflator
Nondefense:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-tvoe Annual weinhte
Benchmark-vearc wpinnte
Price indexes:
Fixed 1987 weinhts
Chain-tvoe
*
'JK® annual
WiiKrai nwinHi*
ncnnis
Benchmark-vearc woinnte
implicit price deflator
State and local:
Current dollars
Quantity indexes:
Rxed 1987 weights
Chain-tvoe annual wpinhtc
Benchmark-years weights
Price indexes:
Fixed 1987 weinhte
Chain-type annual weights
Benchmark-vears wpinhts
Implicit price deflator
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
1941
1942
1943
73
1.7
1.3
.8
.4
.4
.6
.9
1.2
1.5
1.0
1.2
1.6
2.0
1-2
1.1
74
75
76
12.8
10.1
6.7
3.9
4.0
5.5
7.4
10.4
11.9
8.3
9.5
12.3
14.5
8.8
8.0
77
78
79
80
132
12.7
121
11.6
11.1
11.7
11.7
11.4
12.3
12.5
125
12.9
13.7
142
14.1
81
1.8
1.0
3
.3
.3
4
g
.8
.9
.9
1.3
1.6
1.8
1.0
.6
82
83
84
18.5
112
9.3
4.9
4.0
5.6
7.7
9.8
10.6
10.6
15.0
16.9
17.9
9.1
5.5
9.3
8.5
6.9
6.8
7.4
7.4
75
8.6
H0
o.y
9.0
92
10.1
10.9
11.6
85
86
87
88
..............
9.5
89
1.6
1.2
s
.5
.5
.7
1.1
1.0
1.1
1.3
1.5
12
1.1
90
91
92
9.9
82
6.8
5.4
5.5
6.1
6.6
7.0
8.8
8.4
9.0
10.3
10.7
7.2
6.1
16.5
14.9
11 8
10.1
10.0
11.5
11.6
11.8
125
12.3
12.0
12.9
13.8
16.4
9
17.6
93
94
95
96
8
97
1.1
8
.6
.4
.4
,4
.6
.6
.8
.6
.7
.9
98
99
100
6.7
5.9
5.3
4.3
45
4.6
6.1
6.0
6.7
5.2
55
5.8
7.2
7.4
9.9
163
13.7
107
8.8
8.4
9.6
9.6
10.4
117
10.7
112
11.7
12.3
12.4
12.5
101
102
103
104
1.2
105
1.0
1.0
1.0
.9
.9
1.1
1.1
1.4
1.3
1.4
1.5
1.6
2.8
6.8
10.1
106
107
108
12.8
13.8
142
13.7
132
14.9
15.4
18.0
17.3
18.4
19.7
20.5
32.8
665
98.4
7.6
7.6
7.3
6.7
6.8
7.4
7.4
7.6
77
7.8
7.8
7.6
85
102
10.3
109
110
111
112
113
.4
.4
.4
,4
.5
5
.8
1.3
12
1.4
1.4
1.6
4.4
13.5
212
114
115
116
5.7
6.3
6.5
6.7
8.0
10.4
10.4
16.5
14.7
162
16.9
19.8
49.1
127.9
202.9
6.5
6.6
6.3
6.7
7.5
7.6
8.1
8.3
8.4
7.8
9.1
10.6
10.5
.4
5
4.7
16.9
27.3
4.5
4.0
3.6
2.7
2.0
117
118
119
120
..............
6.8
121
122
123
124
125
126
127
128
.
"" ....
..............
..............
*
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
. ..
.........
........
1.4
..............
18.3
1.5
15
1.3
12
1.3
1.4
1.4
1.4
1.5
1.6
1.6
1.6
1.5
1.5
19.7
20.3
19.1
172
18.4
19.2
19.2
192
202
21.9
21.1
202
18.8
17.5
7.8
75
65
7.3
73
72
7.4
7.4
7.4
75
7.7
8.1
•
*
7.8
............
8.4
Table 7.1 .-Fixed-Weighted and Alternative Quantity and Price Indexes for Gross Domestic Product: Annual, 1929-58, and Quarterly,
1947-58—Continued
[Index numbers, 1987=100; quarters seasonally adjusted]
Line
Gross domestic product:
Current dollars
Quantity indexes:
Fixed 1987 weights .
Chain-type annual weights .
Benchmark-years weights ..
Price indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ..
Implicit price deflator
4.6
36.8
Personal consumption expenditures:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights .
Chain-type annual weights .
Benchmark-years weights ...
Implicit price deflator
28.0
1954
1955
1956
9.4
5.2
5.7
5.7
6.3
7.3
7.7
8.2
8.2
27.6
28.6
28.8
312
34.3
35.8
37.1
36.9
38.9
39.7
18.7
20.0
19.9
202
21.3
21.5
22.0
222
22.9
23.6
3.6
3.9
4.7
5.3
5.7
• 5.9
6.3
6.8
72
7.6
7.9
8.5
23.4
25.5
26.0
26.6
27.2
28.6
29.3
30.3
31.5
32.3
34.3
20.0
20.3
21.3
23.4
24.9
25.0
25.3
26.7
272
27.6
27.9
27.9
28.5
'"l8.5
"20.5
21.6
"220
23.3
"23.8
24.3
24.4
"247
"*25.2
40.6
2.0
392
3.9
5.1
5.7
62
7.6
7.4
7.2
8.1
7.9
9.6
9.5
13.7
16.3
17.9
19.8
23.5
21.9
21.4
23.5
24.0
28.4
27.1
46.5
49.6
51.3
51.3
53.8
53.6
532
522
50.3
51.3
"317
31.3
"32.4
33.8
"33.8
"34.4
"33.I
"33.9
"35.O
41.2
.........
"20.8
229
"'285
6.4
7.1
82
9.0
9.6
9.7
10.8
11.3
11.7
11.8
12.3
12.9
34.2
37.3
38.7
37.8
38.0
38.5
39.6
40.8
42.4
43.9
44.4
46.5
48.1
21.6
23.3
26.0
27.6
26.7
26.7
28.8
29.0
28.9
29.1
29.0
29.4
233
"*25 2
"24.4
"26.5
"26.7
"26.6
26.6
"26.5
26.9
20.6
..........
" m
Gross private domestic investment:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
35.3
4.7
1953
1948
1946
22.0
1.7
Services:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ..
Price indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ..
Implicit price deflator
Structures:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ...
Price indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ...
Implicit price deflator
4.7
8.0
Nondurable goods:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ..
Price indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ..
Implicit price deflator
Nonresidential:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights..
Benchmark-years weights ...
Price indexes:
Fixed 1987 weights
Chain-type annual weights ..
Benchmark-years weights ...
Implicit price deflator
1945
l i s
Durable goods:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ..
Price indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ..
Implicit price deflator
Fixed investment:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
1944
2.3
2.4
2.8
3.1
3.4
3.6
3.9
4.3
4.6
5.1
5.4
5.8
6.3
17.9
18.5
20.3
21.1
21.8
22.1
23.1
24.1
24.9
25.9
26.9
28.2
29.5
14.6
14.9
15.3
162
172
17.7
182
18.9
19.6
20.6
212
21.7
222
'"i'2.8
132
'"U.8
15.7
16.3
16.8
"202
"207
"21*3
1.0
1.5
42
4.7
6.4
4.9
72
8.0
72
7.5
72
92
9.6
8.0
11.0
26.1
26.5
30.7
25.0
34.2
34.1
30.9
32.1
31.2
38.0
37.7
" M
"l8.5
49
1.7
35
4.9
5.9
5.5
6.7
7.0
7.0
7.5
7.7
50
51
52
lie
232
27.5
29.9
272
32.4
31.2
30.7
32.5
33.2
37.2
37.3
13.5
15.0
17.9
19.6
20.1
20.6
22.3
22.8
232
23.3
23.8
252
53
54
55
56
13.3
9.4
1.5
2.1
3.5
4.7
5.4
5.0
5.6
6.4
6.4
7.1
7.0
7.8
11.0
15.8
23.1
26.4
27.3
24.5
26.6
28.3
27.8
29.9
29.4
32.3
135
13.5
17.8
19.7
20.4
20.9
22.6
23.0
23.6
23.7
1.4
1.9
4.3
4.8
5.6
5.4
5.8
7.0
7.1
7.9
8.1
8.8
10.6
11.6
15.9
31.8
28.9
30.3
29.6
31.6
34.0
34.0
36.9
38.1
40.7
44.9
12.3
13.5
16.4
18.3
18.1
18.4
20.5
21.0
21.5
212
21.7
23.6
34.4
26.0
Table 7.1Fixed-Weighted and Alternative Quantity and Price Indexes for Gross Domestic Product: Annual, 1929-58, and Quarterly,
1947-58—Continued
[Index numbers, 1987=100; quarters seasonally adjusted]
Line
Producers' durable equipment:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ...
Price indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ...
implicit price deflator
Residential:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights.
Benchmark-years weights ...
Price indexes:
Fixed 1987 weights
Chain-type annual weights.,
Benchmark-years weights ...
Implicit price deflator
Exports of goods and services:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights ....
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights ....
Benchmark-years weights
Implicit price deflator
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
73
1.5
22
3.0
4.7
5.3
4.8
5.5
6.1
6.0
6.6
6.4
7.3
8.1
8.7
7.6
74
10.6
15.7
18.5
25.1
25.8
21.8
24.0
25.2
24.6
26.3
24.8
27.8
28.9
29.1
25.0
14.4
142
16.5
18.7
20.6
22.1
22.7
24.1
24.5
25.1
25.7
26.3
27.9
30.1
30.5
75
76
77
78
79
80
81
.6
.8
3.5
5.4
6.9
6.5
9.1
8.2
8.3
8.6
9.4
11.1
10.5
9.8
9.9
82
83
84
4.8
5.7
23.3
29.7
35.6
33.0
45.0
37.7
37.0
38.3
41.5
48.0
43.9
41.2
41.6
14.9
18.0
19.5
19.7
20.3
21.7
22.3
22.5
22.5
211
23.8
23.9
23.8
85
86
87
88
...
12.5
13 2
89
1.3
1.8
3.9
5.1
4.3
4.0
3.4
4.7
4.5
4.2
4.3
4.8
5.8
6.6
5.6
90
91
92
6.8
9.0
18.3
21.7
16.7
16.5
14.6
17.7
17.1
16.4
17.1
18.6
21.4
23.4
20.2
19.3
20.4
21.1
23.6
25.5
24.1
23.2
26.5
26.2
25.5
25.3
26.0
27.2
28.1
27.8
93
94
95
96
imports of goods and services:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights ....
Benchmark-years weights
Price indexes:
Fixed 1987 weights
97
98
99
100
101
102
103
104
Chain-type annual weights ....
Benchmark-years weights
Implicit price deflator
Government purchases:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ...
Price indexes:
Fixed 1987 weights
Cham-type annual weights .
Benchmark-years weights ...
Implicit price deflator
1.4
1.5
1.4
1.6
2.0
1.8
2.3
2.9
3.0
32
3.0
3.4
3.7
3.9
3.9
10.6
11.2
7.9
7.3
8.7
8.4
9.8
10.5
11.8
13.1
12.7
14.4
15.6
16.5
17.5
12.9
13.3
17.3
21.4
22.8
21.7
23.3
27.4
25.5
24.0
23.9
23.6
23.9
23.9
22.6
105
11.0
9.4
3.3
3.0
3.6
4.4
4.5
6.8
8.5
92
8.6
8.6
9.1
9.9
10.6
106
107
108
109.8
94.1
30.7
24.8
27.3
30.6
32.3
45.0
53.0
55.6
51.6
50.1
50.4
52.8
54.0
IOII
10.0
10*8
12.0
13.0
14.3
13.9
15.2
16.0
16.5
16.7
172
18.0
18.8
19.6
109
110
111
112
Federal:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ..
Price indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ..
implicit price deflator
113
23.2
19.6
5.1
3.6
4.3
5.5
52
10.1
13.6
14.8
12.7
12.0
12.3
13.4
14.0
114
229.7
193.0
45.6
28.8
32.8
36.3
37.8
66.6
84.3
882
76.0
69.8
68.8
71.7
70.7
118
119
120
IAI
10.1
11.2
12.4
13.1
15.0
13.9
1*6.1
16.7
16.7
172
17.9
18.7
19.9
121
30.0
25.2
5.6
3.4
3.9
4.7
4.9
11.6
15.8
16.8
14.3
13.3
13.9
15.3
15.8
3.4
4.1
5.6
7.7
6.3
5.5
6.7
8.4
8.0
7.8
7.3
7.5
8.3
115
116
117
National defense:
Current dollars
Quantity indexes:
Fixed 1987 weights .
Chain-type annual weights.
Benchmark-years weights ..
Price indexes:
Fixed 1987 weights
Chain-type annual weights..
Benchmark-years weights ..
implicit price deflator
„„.„
122
123
124
*
125
126
127
128
Nondefense:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights..«
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
State and local:
Current dollars
Quantity indexes:
Fixed 1987 weights
•
Chain-type annual weights
Benchmark-years weights
Price indexes'.
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator...»
1944
-
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
129
2.1
1.8
130
131
132
*••*""
133
134
135
136
137
1.5
1.6
1.9
138
139
140
16.9
17.4
19.3
92
10.1
141
142
143
144
'
2.5
3.0
3.5
3.9
4.3
4.5
4.9
5.4
6.0
6.5
72
21.8
23.0
26.1
28.0
28.3
28.8
302
32.6
34.8
36.1
38.1
41.1
,15
13.0
13.5
13.9
15.1
15.8
162
16.7
17*1
18.1
18.9
19.4
8.0
..............
8.8
Table 7.1 .-Fixed-Weighted and Alternative Quantity and Price Indexes for Gross Domestic Product: Annual, 1929-58, and Quarterly,
1947-58—Continued
(Index numbers, 1987=100; quarters seasonally adjusted!
1947
I
Gross domestic product:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights..
Benchmark-years weights ...
Price indexes:
Fixed 1987 weights
Chain-type annual weights..
Benchmark-years weights ...
Implicit price deflator
Personal consumption expenditures:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
Durable goods:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ..
Price indexes:
Fixed 1987 weights
Chain-type annual weiahts .
Benchmark-years weights ...
Implicit price deflator
Nondurable goods:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ..
Price indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ..
Implicit price deflator
Services:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ..
Price indexes:
Fixed 1987 weights ,
Chain-type annual weights .
Benchmark-years weights ..
Implicit price deflator
Gross private domestic investment:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
Fixed investment:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ..
Price indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ...
Implicit price deflator
Nonresidential:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights ...
Price indexes:
Fixed 1987 weights
Chain-type annual weights..
Benchmark-years weights ...
Implicit price deflator
Structures:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ...
Price indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ...
Implicit price deflator
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
1
2
3
4
5
5
7
8
11
IV
III
I
IV
III
II
1950
1949
1948
Line
1
III
II
iV
11
1
111
IV
5.0
5.1
52
5.4
5.5
5.7
5.8
5.9
5.8
5.7
5.7
5.7
5.9
6.1
6.5
6.8
27.3
27.5
27.6
28.0
28.3
28.5
28.7
29.0
28.8
28.7
28.9
28.7
29.8
30.7
31.8
32.7
18.3
18.5
18.7
19.3
19,6
19.9
20.3
20.3
20.0
19.8
19.8
19.8
19.9
19.9
20.4
20.7
5.1
5.3
5.4
5.5
5.6
5.7
5.8
5.8
5.8
5.9
5.8
5.9
6.0
6.1
6.6
6.5
10
11
12
25.7
26.1
26.1
26.1
26.3
26.6
26.7
27.0
27.0
27.3
27.2
27.4
27.8
28.3
29.5
29.0
13
14
15
16
22.9
23.1
23.6
24.1
24.4
24.8
25.2
25.2
25.1
25.1
24.9
25.0
25.0
25.0
255
25.8
20.0
20.1
20.6
21.1
21.3
21.5
21.8
21.7
215
21.5
21.5
21.6
21.6
21.7
22.4
22.5
9
17
4.8
4.9
5.0
5.5
5.4
5.6
5.9
5.8
5.6
6.1
6.4
6.6
6.9
7.0
8.8
7.8
18
19
20
15.6
15.9
16.1
17.5
17.6
17.5
18.1
18.4
18.1
20.1
205
20.6
212
21.5
27.0
24.5
21
22
23
24
46 2
46.4
46.5
47.0
48.0
49.1
50.8
50.6
51.5
51.5
50.9
51.2
50.8
50.9
51.5
51.9
30.7
31.1
31.3
31.2
31.0
31.8
32.4
31.4
31.1
30.6
31.2
32.2
32.4
32.5
32.7
31.9
9.4
9.3
9.3
9.4
9.5
10.0
10.0
392
39.6
40.2
39.4
25
8.7
8.9
9.1
9.3
9.4
9.6
9.6
9.6
9.5
26
27
28
37.3
38.1
38.2
37.7
37.8
38.1
37.8
382
38.4
385
38.3
38.7
29
30
31
32
25.7
26.0
26.4
27.2
27.6
27.9
28.1
27.9
27.5
27.1
26.8
26.6
26.4
26.5
272
27.8
23.3
23.4
23.8
24.6
24.9
25.1
25.4
252
24.8
24.5
24.2
24.1
23.9
24.1
24.8
25.3
33
3.0
3.1
32
32
3.3
3.4
3.5
3.5
3.6
3.6
3.6
3.7
3.7
3.8
3.9
4.0
34
35
36
21.0
21.2
21.1
21.0
21.4
21.7
22.0
22.1
22.1
22.2
22.1
22.1
22.4
23.1
23.4
23.6
37
38
39
40
15.8
15.9
16.4
16.8
16.9
17.1
17.4
17.5
175
17.6
17.7
17.8
18.0
18.1
18.3
185
14.4
14.5
15.0
15.3
15.4
15.6
15.8
16.0
16.1
162
16.3
16.5
16.6
16.7
16.9
17.1
55
6.0
6.4
6.7
6.5
5.5
4,5
5.0
4.7
5.9
6.7
7.5
8.9
292
30.3
31.0
31.1
30.3
26.8
23.5
25.1
24.6
29.7
32.8
35.3
39.1
41
4.5
4.3
4.4
42
43
44
26.0
25.3
25.6
45
46
47
48
49
4.6
4.6
4.9
5.5
5.7
5.8
6.0
6.0
5.6
5.4
5.3
5.5
5.9
6.5
72
72
50
51
52
27.0
262
27.2
29.3
30.0
302
29.8
29.5
27.8
26.7
26.6
27.6
29.3
32.1
34.3
33.7
17.0
17.7
18.1
18.7
19.0
19.3
20.0
202
202
20.3
20.1
20.0
20.0
20.3
20.9
21.3
53
54
55
56
57
4.6
4.7
4.7
4.9
5.3
52
5.4
5.6
53
5.1
4.8
4.7
4.9
5.3
6.0
6.1
58
59
60
26.9
26.4
26.0
26.4
27.7
27.0
26.9
27.7
26.4
24.9
23.6
23.1
23.8
26.0
282
28.4
61
62
63
64
17.0
17.6
18.0
18.7
19.0
19.4
20.1
20.4
20.2
205
205
20.4
20.4
20.5
21.1
21.6
65
4.6
4.6
4.8
4.9
52
5.4
5.8
5.9
5.7
5.5
52
5.1
5.3
55
6.0
6.4
66
67
68
29.1
28.9
29.0
28.6
29.0
29.9
30.9
31.4
31.0
30.3
29.0
282
295
30.9
32.7
335
15.8
16.1
16.6
17.2
17.8
182
18.6
18.7
18.4
18.0
17.9
18.0
18.0
17.9
18.4
192
69
70
71
72
Table 7.1.-Fixed-Weighted and Alternative Quantity and Price Indexes for Gross Domestic Product: Annual, 1929-58, and Quarterly,
1947-58—Continued
[Index numbers, 1987-100; quarters seasonally adjusted]
1947
1948
1949
line
1
Producers' durable equipment:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chairvtype annual weights ..
Benchmark-years weights ....
Price indexes:
Fixed 1987 weights
Chain-type annual weights ..
Benchmark-years weights ....
Implicit price deflator
Residential:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights.
Benchmark-years weights ..
Price indexes:
Fixed 1987 weights
Chain-type annual weights.
Benchmark-years weights ..
Implicit price deflator
Exports of goods and services:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chan-type annual weights ....
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights ....
Benchmark-years weights
Impticit price deflator
bnports of goods and services:
Current dollars .
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights ,
Benchmark-years weights ..,
Price indexes:
Fixed 1987 weights
Chain-type annual weights ,
Benchmark-years weights...
Implicit price deflator
Government purchases:
Cirrent dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ...
Price indexes:
Fixed 1987 weights.
Cham-type annual weights
Benchmark-years weights..
Implicit price deflator
Federal;
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ..
Price indexes:
Fixed 1987 weights
Chain-type annual weights .
Implicit price deflator
National defense:
Current dollars
Quantity indexes;
Fixed 1987 weights
Chain-type annual wetahts
Benchmark-years weights .......
Price indexes:
Fixed 1987 weights
Chain-type annual weights —
Benchmark-years weights
Implicit price deflator
Nondefense:
Current
dollars
fV , V »
'
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
State and local:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights.....—
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
S®® note at end of table.
Digitized
for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
ll
HI
IV
I
II
III
IV
I
II
1950
111
IV
1
II
lit
IV
4.6
4.7
4.6
4.9
5.3
5.1
52
5.5
5.2
4.9
4.6
4.5
4.6
5.2
5.9
6.0
25.7
25.1
24.5
25.2
27.0
25.4
24.9
25.8
24.0
22.1
20.8
20.5
20.8
23.5
25.9
25.8
17.8
18.6
18.9
19.5
19.7
20.1
21.1
21.4
21.5
22.3
22.3
22.2
22.2
22.3
22.9
23.3
4.6
4.6
5.5
6.7
6.7
72
72
6.7
62
6.1
6.5
7.3
8.1
9.1
9.9
9.4
27.3
25.9
29.9
35.8
35.3
37.4
362
33.5
31.0
30.5
33.2
37.3
41.4
45.3
47.8
45.5
16.9
17.9
18.3
18.7
19.1
19.3
19.8
19.9
20.0
20.0
19.5
19.4
19.4
20.0
20.7
20.8
5.0
5.3
5.3
4.8
4.6
42
42
4.0
4.4
4.3
3.9
3.3
32
32
3.4
3.7
22.0
22.8
222
19.9
18.0
16.2
16.5
15,9
17.8
17.7
162
14.1
13.9
14.1
14.5
15.7
22.9
23.4
24.0
242
25.7
25.7
25.5
252
24.7
24.2
23.8
23.5
23.0
23.0
23.1
23.6
1.5
1.6
1.5
1.6
1.9
2.0
2.1
2.0
1.9
1.8
1.8
1.8
1.9
2.0
2.6
2.7
7.3
7.7
7.0
7.3
82
8.5
9.1
9.0
8.6
85
82
8.3
8.4
8.9
10.9
11.0
20.3
2l76
21.6
22.5
232
232
22.8
22.3
22.0
217
21.6
21.7
22.2
22.7
23.5
24.6
2.9
3.0
3.0
3.0
32
3.5
3.7
3.9
42
4.4
4.5
4.4
4.3
4.4
4.4
4.8
24.7
24.6
25.1
24.9
26.1
26.7
27.5
28.9
29.4
30.7
31.3
30.9
30.8
31.4
32.3
34.7
11.8
12.2
11.9
12.0
122
12.9
13.3
13.6
142
14.4
142
14.3
14.1
14.1
13.6
13.8
3.6
3.7
3.5
3.4
3.7
42
4.4
4.9
5.3
5.6
5.5
5.4
5.1
52
5.0
5.7
29.3
28.6
29.1
28.1
30.8
31.8
33.1
355
35.6
37.0
37.2
35.5
34.7
35.8
37.7
43.1
12*5
13.0
122
12.1
12.1
13.1
13.4
13.7
14.9
15*3
14.9
15.1
14.6
14.5
132
13.3
3.6
3.4
3.3
3.4
3.6
3.7
3.8
4.3
4.6
4.9
4.9
4.6
4,4
4.4
4.9
5.9
3.4
4.0
5.5
6.3
6.7
7.3
8.1
7.6
7.8
7.3
7.6
52
5.1
122
123
124
125
126
127
128
129
130
131
132
133
134
135
136
**
...
..... .... .
"*"**
4.4
4.8
3.6
*
.............
*****
*****
**"
137
2.4
2.4
2.5
2.7
2.8
2.9
3.1
32
3.3
35
3.6
3.7
3.8
3.8
3.9
4.0
138
139
140
21.1
21.6
22.0
22.4
22.3
22.8
232
23.7
24.6
25.8
26.7
27.2
27.8
rs.o
28.0
28.1
1I3
11.5
i7.9
12.4
127
13.3
13.5
13-5
13.5
13.6
13.5
13.5
13.7
14.0
14.3
141
142
143
144
**'*"
"~7i2
Table 7.1.-Fixed-Weighted and Alternative Quantity and Price Indexes for Gross Domestic Product: Annual, 1929-58, and Quarterly,
1947-58—Continued
[Index numbers, 19B7-100: quarters seasonally adjusted]
1
Gross domestic product:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annuaJ weights
Benchmark-years weights
Implicit price deflator
„....
1
2
3
..
IV
1
IV
III
II
III
II
I
I
IV
7.1
7.3
7.4
7.5
7.6
7.6
7.7
8.0
8.1
8.2
82
8.1
8.1
8.1
33.1
34.1
345
352
35.4
355
35.7
36.5
37.2
37.3
37.2
36.8
36.6
36.5
21.4
21.3
212
21.3
21.3
21.3
21.6
21.8
21.9
22.0
22.0
21.9
22.1
7.7
7.7
4
5
G
7
8
Personal consumption expenditures:
Current dollars .
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
6.9
9
Durable goods:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type anrual weights
Benchmark-years weights .
Implicit price deflator
6.7
6.8
6.9
7.0
7.1
72
7.5
7.6
7.7
7.7
7.8
29.5
29.6
30.1
30.3
31.0
31.4
31.6
31.6
31.6
31.8
32.0
10
11
12
295
29.0
29.3
13
14
15
16
26.5
26.7
26.8
27.0
27.1
27.1
272
27.3
27.5
27.5
27.7
27.8
28.0
28.0
23.3
232
23.3
235
23.6
23.6
23.8
24.1
242
24.2
24.3
24.3
24.4
24.5
17
8.4
72
7.0
7.0
72
72
6.8
7.8
8.2
82
8.1
7.9
7.8
7.9
18
245
21.4
20.8
20.8
212
21.8
20.4
222
23.5
23.1
23.2
24.3
23.3
23.3
53.4
53.4
54.1
54.3
54.0
53.5
53.7
532
53.1
53.2
53.4
53.0
532
52.7
342
33.5
33.7
33.9
33.8
33.0
33.4
352
34.8
35.3
35.0
32.7
33.4
34.1
19
20
21
22
23
24
Nondurable goods:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annuaJ weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights
Implicit price deflator
25
10.7
10.6
10.8
11.1
11.0
112
11.5
11.7
11.7
11.7
11.6
11.6
11.7
11.8
26
27
405
40.1
41.1
41.6
41.3
422
42.8
43.4
43.9
44.0
43.8
43.8
44.1
43.9
28.9
29.1
29.0
29.3
29.3
292
292
29.4
29.3
29.2
29.2
29.2
29.3
29.4
26.3
26.5
26.4
26.7
26.7
26.7
26.8
26.9
26.6
26.5
26.6
26.5
26.6
26.8
28
.......
Services:
Current dollars..
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
29
30
31
32
33
42
42
4.3
4.4
45
4.6
4.7
4.8
45
5.0
5.1
52
5.3
5.4
34
35
36
23.9
24.0
24.1
24.2
24.4
24.7
25.0
25.4
255
26.0
26.1
25.9
26.2
26.8
18.7
185
18.9
19.2
19.3
19.5
19.7
19.9
20.2
20.5
20.8
21.0
21.1
212
17.4
175
17.8
18.0
18.2
18.4
18.7
18.9
192
19.4
19.7
20.0
20.1
20.1
37
38
39
40
Gross private domestic Investment:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
knpfidt price deflator
—
Fixed investment:
Current dollars
Quantity indexes:
Fixed 1987 weights .
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
Nonresidential:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Ftxed 1987 weights .
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
III
II
1954
1953
1952
1951
Une
41
8.3
8.7
7.9
7.3
7.4
6.7
72
7.6
7.7
7.7
75
7.0
6.9
6.8
42
43
44
35.4
36.1
33.7
31.4
31.7
29.3
30.3
322
33.0
32.9
322
30.2
30.2
30.2
45
46
47
48
49
7.1
6.9
6.9
6.9
7.0
7.1
6.7
72
7.5
7.5
7.6
7.5
7.4
7.6
50
51
52
32.4
31.1
30.8
30.5
30.9
312
29.4
31.3
32.6
32.6
32.6
32.4
32.0
32.6
.............
..""11..
22.0
222
226
225
22.7
22.9
22.9
23.1
23.4
23.2
23.1
232
53
54
55
56
..
—
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
ZZZZZZ
22.3
22.5
57
62
6.4
65
6.5
6.5
6.6
6.0
6.5
6.9
7.0
72
7.1
6.9
6.9
58
59
60
27.5
28.3
28.8
28.3
28.4
28.6
262
28.1
29.6
29.7
302
30.1
29.4
292
.............
61
62
63
-
Structures:
Current dollars ..
Quantity indexes:
Fixed 1987 weights
Chan-type annual weights
Benchmark-years weignts
Price indexes:
Faed 1987 weights
ChaiMype annual weights
Benchmark-years weignts
Implicit price deflator
•
,
*
*
64
22.5
22.6
22.6
65
6.7
7.1
72
7.0
7.0
7.0
7.1
7.4
75
7.9
8.0
82
8.1
8.1
66
67
68
335
34.7
34.5
332
33.3
33.6
33.9
35.1
36.1
36.8
37.0
37.6
38.0
38.3
21.4
21.1
69
70
71
72
22.8
22.9
23.1
22.9
232
23.3
23.6
23.8
23.6
* *
.............
23.6
23.6
""
.......
.............
20.0
20.4
20.8
....
20.9
21.1
'215
21*5
21.0
21*1
21.4
2L7
21.7
Table 7.1 .-Fixed-Weighted and Alternative Quantity and Price Indexes for Gross Domestic Product: Annual, 1929-58, and Quarterly,
1947-58—Continued
[Index numbers, 1987=100; quarters seasonally adjusted] _
1951
1952
1
Producers' durable equipment:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
Residential:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
Exports of goods and services:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator ...
Imports of goods and services:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
Government purchases:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weignts
Implicit price deflator
Federal:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weignts
Implicit price deflator
National defense:
Current dollars
Quantity indexes:
Fixed 1987 weights ..
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights .
Chain-type annual weights
Benchmark-years weignts
Implicit price deflator
Nondefense:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weignts
Implicit price deflator
State and local:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weignts
Implicit price deflator
See note
end of table.
Digitized
forat FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
.....
II
111
IV
I
II
1954
1953
Line
III
IV
1
II
III
1
IV
II
III
IV
73
5.9
6.0
62
62
6.3
6.4
5.4
6.1
65
6.5
6.8
6.6
6.3
6.3
65
65
74
75
76
24.4
24.9
25.9
25.8
25.9
26.1
222
24.4
262
25.9
26.7
262
24.9
24.4
25.1
24.7
24.4
24.2
23.9
24.1
242
24.5
24.4
24.9
24.8
252
25.4
25.1
25.4
25.7
25.8
26.1
77
78
79
80
81
92
8.1
7.6
7.8
8.0
82
82
8.6
8.7
8B
85
8.4
8.4
9.0
9.7
10.3
82
83
84
43.2
37.4
35.0
35.3
362
36.9
36.6
38.4
39.0
392
37.7
37.4
375
402
42.7
45.3
21.4
21.6
21.8
22.0
22.1
22.3
22.5
22.4
22.4
22.4
22.6
22.5
22.3
22.4
22.7
22.7
85
86
87
88
89
4.1
4.7
4.9
5.0
5.1
4.5
42
42
4.1
4.1
4.3
4.1
3.9
45
4.3
4.5
90
91
92
16.4
17.9
18.3
18.1
19.2
172
15.9
16.1
16.0
162
165
16.3
15.6
17.8
17.1
17.9
25.1
26.2
27.0
27.4
26.6
26.3
26.1
25.9
25.7
25.6
'25.5
25.4
25.3
25.3
25.3
25.4
93
94
95
96
97
2.9
3.0
2.8
2.8
3.0
2.9
3.0
32
3.1
32
32
3.1
2.9
32
3.0
3.0
98
99
100
11.1
10.8
10.1
10.0
11.3
11.2
11.9
13.0
12.8
13.4
13.4
12.9
122
13.3
12.6
12.8
101
102
103
104
26.5
27.8
28.0
27.6
26.2
25.8
25.3
24.8
24.3
242
24.0
23.7
24.0
24.0
24.0
233
105
5.6
6.5
7.3
7.9
8.0
8.5
8.6
8.9
9.1
9.3
92
92
8.9
8.6
85
85
106
107
108
38.1
43.4
48.0
50.6
51.5
53.0
53.5
542
55.5
56.1
55.6
55.1
53.4
51.9
51.0
50.1
14.8
14.9
15.3
15.6
15.6
16.0
16.1
16.4
16.4
16.6
16.5
16.6
16.7
16.6
16.6
16.9
145
13.7
12.9
122
12.1
77.3
742
71.8
109
110
111
112
113
7.6
9.3
112
12.4
12.7
13.5
13.9
14.3
14.7
152
14.6
51.3
62.9
73.2
79.0
81.0
83.8
85.8
86.7
88.7
90.1
88.1
86.1
80.9
117
118
119
120
14.8
14.8
15.3
15.7
15.7
16.1
162
165
16.6
16.9
16.6
16.8
17.0
16.6
121
8.3
10.5
13.0
14.5
14.6
15.7
162
16.7
16.9
17.1
16.7
16.4
15.3
14.5
114
115
116
...
5.3
5.6
5.5
5.7
6.7
6.4
6.7
6.9
7.6
9.4
82
8.4
8.6
7.6
72
8.4
.............
.............
.............
133
134
135
136
141
142
143
144
13.3
"
130
131
132
138
139
140
13.8
.
125
126
127
128
137
16.9
........
122
123
124 •
129
165
,.„,.„
4.1
4.3
4.4
4.4
4.4
4.6
4.5
4.6
4.8
4.8
4.9
5.0
52
5.4
5.6
5.6
27.9
28.4
28.5
28.5
28.6
29.1
285
29.1
29.7
29.7
30.4
31.1
311
322
33.0
332
14.7
15.0
15.3
15.4
15.5
15.7
155
16.0
16.1
16.1
162
162
.............
16.3
.............
16.6
16.8
16.9
Table 7.1 .—Fixed-Weighted and Alternative Quantity and Price Indexes for Gross Domestic Product: Annual, 1929-58, and Quarterly,
1947-58—Continued
(Index numbers, 1987=100; quarters seasonally adjusted]
1
Gross domestic product:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights..
Benchmark-years weights ...
Price indexes:
Fixed 1987 weights
Chain-type annual weights..
Benchmark-years weights ...
Implicit price deflator
Personal consumption expenditures:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights .,
Chain-type annual weights .
Benchmark-years weights ...
Implicit price deflator
Durable goods:
Current dollars .
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ••
Price indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ...
Implicit price deflator
Nondurable goods:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ..
Price indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights
Implicit price deflator
Services:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ..
Price indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ..
Implicit price deflator
Gross private domestic investment:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
Fixed investment:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ..
Price indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ...
Implicit price deflator
Nonresidential:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights.
Benchmark-years weights ...
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights ..,
Implicit price deflator
Structures:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights ....
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights ...
Benchmark-years weights
Implicit price deflator
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
III
II
IV
1
III
II
1958
1957
1956
1955
Line
IV
1
III
II
IV
1
IV
III
II
.
1
8.6
8.8
9.0
9.1
92
9.3
9.4
9.6
9.8
9.8
10.0
9.9
9.7
9.8
10.1
10.4
.
2
38.4
38.7
39.2
39.5
39.4
39.6
39.7
402
40.5
40.4
40.8
40.3
39.4
39.7
40.5
41.4
5
6
7
8
22.5
22.8
23.0
23.1
23.4
23.5
23.7
23.9
24.2
24.3
24.5
24.5
24.7
24.7
24.9
25.1
9
8.3
8.4
8.6
8.7
8.8
8.8
8.9
9.1
92
9.3
9.5
9.5
9.5
9.6
9.8
9.9
10
11
12
33.6
34.1
34.4
35.1
35.1
35.2
35.3
35.7
35.9
36.0
36.3
36.5
36.1
36.5
37.0
37.4
13
14
15
16
27.8
27.8
27.9
28.0
28.2
28.4
28.6
28.8
29.0
292
29.4
29.5
29.9
29.9
30.0
30.1
24.6
24.7
24.9
24.8
24.9
25.1
25.3
25.5
25.7
25.9
26.1
26.1
26.4
26.3
26.4
265
17
9.0
9.6
10.1
9.8
9.4
9.4
9.3
9.7
10.0
9.9
9.8
9.7
92
9.0
9.2
95
18
19
20
26.8
28.5
29.1
29.3
27.6
27.0
26.9
26.8
27.6
27.1
26.5
26.6
25.3
25.1
252
26.0
21
22
23
24
50.6
50.1
50.3
50.2
50.5
50.9
51.5
52.3
52.6
53.3
532
53.1
54.4
54.0
53.9
53.8
33.8
33.7
34.5
33.5
34.1
34.8
34.7
36.3
36.1
36.4
36.9
36.4
36.4
35.9
36.4
365
25
12.1
12.3
12.4
12.6
12.8
12.9
13.0
13.1
13.3
13.4
13.8
13.7
13.8
13.9
14.1
142
26
27
28
45.5
46.3
46.7
47.6
48.1
47.9
47.9
48.3
48.5
48.8
49.4
49.3
48.7
49.0
49.8
50.4
29
30
31
32
29.3
29.3
29.3
29.3
29.4
29.7
29.9
30.0
30.3
30.4
30.7
30.8
312
31.3
312
31,1
26.6
26.5
26.5
26.5
26.5
26.8
27.1
272
27.4
27.5
27.8
27.9
28.3
28.4
28.4
28.3
33
5.7
5.8
5.9
6.0
6.1
62
6.3
6.5
6.6
6.7
6.7
6.9
7.0
7.1
7.3
7.3
34
35
36
27.9
28.0
28.2
28.7
29.0
29.3
29.7
30.1
30.2
30.4
30.6
31.0
31.0
31.6
32.1
322
37
38
39
40
21.5
21.6
21.7
21.9
22.0
22,1
22.3
22.5
22.6
22.7
22.9
23.1
23.3
23.4
23.5
23.7
205
20.6
20.8
20.9
21.1
212
21.4
21.5
21.7
21.9
22.1
22.3
22.4
22.5
22.6
22.8
9.8
8.7
8.1
7.8
8.7
9.8
30.6
33.0
36.3
8.7
8.8
9.4
41
8.6
9.1
9.3
9.8
9.8
9.5
9.7
9.5
9.6
9.6
42
43
44
35.9
38.1
38.6
39.5
38.2
37.9
37.6
37.0
36.3
35.9
36.5
33.7
31.3
9.1
9.2
92
9.4
9.5
9.5
9.6
9.6
9.7
9.6
8.9
45
46
47
48
49
8.4
8.8
50
51
52
35.7
37.1
37.8
38.0
37.3
37.5
37.5
37.1
37.0
36.5
36.8
36.2
34.3
33.4
33.8
35.8
23.4
23.6
24.0
24.2
24.7
25.0
25.4
25.7
26.0
26.2
26.5
26.5
26.1
26.1
262
262
53
54
55
56
57
7.1
7.6
8.1
8.5
8.6
8.8
9.1
92
9.4
9.5
9.7
9.5
8.8
8.4
8.3
8.6
58
59
60
29.8
31.6
33.2
34.4
33.9
34.3
34.8
34.5
34.6
34.4
35.1
34.2
32.1
30.8
30.1
31.1
23.9
24.0
24.5
24.8
25.4
25.7
262
26.8
27.3
27.5
27.8
27.9
27.3
27.4
27.6
27.8
61
62
63
64
65
66
67
68
69
70
71
72
*
8.3
8.6
9.0
9.4
102
10.5
10.9
10.9
11.0
11.1
11.1
11.1
10.6
10.3
10.1
10.3
392
40.1
41.3
42.3
43.6
452
45.5
45.4
45.1
45.1
45.0
44.7
43.8
42.4
41.4
42.1
24.1
242
24.3
24.4
.............
21.3
21.5
21.8
22.3
23.3
232
23.9
24.1
24.3
24.6
24.7
247
Table 7.1.-Fixed-Weighted and Alternative Quantity and Price Indexes for Gross Domestic Product: Annual, 1929-58, and Quarterly,
1947-58—Continued
[Index numbers, 1987=100; quarters seasonally adjusted]
1957
1956
1955
Line
1!
1
Producers' durable equipment;
Current dollars .
Quantity indexes:
Fixed 1987 weights
........
Chain-type annual weights .
Benchmark-years weights ...
Price indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ...
Implicit price deflator
Exports ot goods and services:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
7.7
8.1
7.8
7.9
8.2
8.3
8,6
8.6
9.0
8.8
7.8
7.5
24.9
30.3
28.9
28.6
292
28.7
29.1
28.8
29.8
28.7
25.9
24.7
77
78
79
80
26.1
26.0
26.5
26.6
27.0
27.7
28.1
29.0
29.7
29.9
30.1
30.5
30.2
302
81
11.1
11.4
112
10.7
10.5
10.6
10.4
102
10.1
9.8
9.8
97
9.3
9.3
43.5
42.9
42.2
41.2
40.7
40.6
39.1
39.1
23.8
23.9
24.0
23.9
23.7
48.6
49.3
482
46.0
44.7
44.4
85
86
87
88
22.8
23.1
23.3
23.3
23.6
23.9
24.0
23.9
89
4.7
4.6
5.0
5.0
5.3
5.7
6.0
6.3
6.8
6.7
6.5
6.3
5.6
5.6
23.7
23.1
22.2
20.0
20.1
28.3
28.1
18.4
17.9
19.1
19.1
19.9
21.2
21.8
22.8
24.4
93
94
95
96
25.6
25.8
26.0
26.3
267
27.0
27.3
27.6
28.0
28.1
28.1
97
32
3.4
3.4
3.6
3.7
3.7
3,8
3.7
4.0
4.0
3.9
3.9
3.8
4.0
16.9
17.7
98
99
100
101
102
103
104
13.4
14.4
14.7
15.1
15.6
15.7
16.0
15.1
16.4
16.6
16.3
16.5
23*8
23.5
23.4
237
23.9
23.8
23.7
24.1
24.1
24.1
23**9
23.5
22.7
Government purchases:
Federal:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Benchmark-years weights
Implicit price deflator
National defense:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
Nondefense:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
State and local:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1937 weights
Chain-type annua! weights
Benchmark-years weights
Implicit price deflator
1958
IV
111
28.9
90
91
92
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
II
7.1
82
83
84
Imports of goods and services:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weiohts
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
I
IV
111
27.2
74
75
76
...
111
II
I
6.5
73
Residential:
Current dollars .
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights.
Benchmark-years weights ...
Price indexes:
Fixed 1987 weights
Chain-type annual weights.
Benchmark-years weights ..
Implicit price deflator
IV
105
8.5
8.6
87
8.6
8.7
9.1
9.1
9.4
9.8
9.8
9.9
102
102
10.6
106
107
108
51.0
49.9
502
49.4
49.3
50.3
50,3
51.5
52.4
52.5
532
53.1
52.9
54.1
109
110
111
112
167
172
17.4
17*4
17.7
18.0
mb
182
18*6
18.6
18.7
192
19.2
19.5
113
12.0
12.0
12.2
11.8
11.9
12.5
12.3
12.8
13.4
132
13.3
13.7
13.4
14.1
68.5
70.7
71.7
71.6
72.4
71.1
69.6
71.4
72.3
69.3
70.0
67.7
672
687
117
118
119
120
17.3
175
175
177
18.1
17.9
18.1
18.6
18.4
18.4
19.3
19.2
19.7
m
13.4
13.2
13.6
13.2
13.3
14.0
14.0
14.5
15.0
152
15.5
15.4
15.5
15.8
121
8.1
7.6
7.3
7.7
6.9
7.3
82
6.8
6.6
6.9
8.7
8.1
8.4
7.5
5.9
6.0
6.1
6.3
6.5
6.6
6.7
7.0
7.1
7.3
7.5
7.7
7.9
5.8
35.5
36.0
362
36.6
37.4
37.7
38.2
39.1
40.0
40.7
17.7
17,9i
182
18.4
18.6I
18.9\
19.C1
19.1
19.2
19.3
,
.
,
114
115
116
.
.
.
.
.
.
122
123
124
.
.
.
.
125
126
127
128
129
130
131
132
133
134
135
136
137
138
139
140
141
142
143
144
34.4
34.8
34.9
35.2
16.9
17.0
17.2
17.3
Note.—The fixed-weighted measures use as weights the composition ot output in 1987. The alternative quantity
Digitizedprice
forindexes
FRASER
are not included in this volume. However, annual estimates of these alternative indexes tor 1929
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
upon request. Percent changes from preceding period
for selected items in this table are shown in table 8.1.
Table 7.2.—Fixed-Weighted and Alternative Quantity and Price Indexes for Gross Domestic Product, Final Sales, and Purchases:
Annual, 1929-58, and Quarterly, 1947-58
[Index numbers, 1987=100; quarters seasonally adjusted]
Line
Gross domestic product:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
Final sales of domestic product1:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Pnce indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
Gross domestic purchases2:
Current dollars
Quan% indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Cham-type annual weights
Benchmark-years weights
Implicit price deflator
Final sales to domestic purchasers1:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Cham-type annual weights
Benchmark-years weights
Implicit price deflator
Final sales of domestic product
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
Gross domestic purchases3:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Impticit price deflator
final sales to domestic purchasers
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
1941
1942
1943
1
2.3
2.0
1.7
1,3
1.2
1.4
1.6
1.8
2.0
1.9
2.0
22
2.8
3.5
42
2
3
4
18.1
16.5
15.2
132
12.9
13.9
15.0
17.1
17.9
172
18.5
20.0
23.6
28.3
33.9
12.5
12.1
11.0
9.7
9.5
10.3
10.6
10.6
112
10.9
10.8
11.0
11.7
12.3
12.5
5
6
7
8
9
10
11
12
13
14
15
16
22
2.0
1.7
1.3
1.3
1.5
1.6
1.8
2.0
1.9
2.0
22
2.7
35
4.3
18.0
16.6
15.5
13.7
13.2
14.1
15.0
17.0
17.7
17.4
18.6
19,7
23.1
282
34.1
12.5
12.1
11.0
9.8
9.6
10.3
10.5
10.6
11.0
10.9
10.8
11.0
11.6
12.3
12.5
17
22
1.9
1.6
12
12
1.4
1.5
1.8
1.9
1.8
1.9
2.1
2.7
3.4
42
18
19
20
175
16.0
14.8
12.9
12.6
13.5
14.7
16.7
17.4
165
17.9
19.2
22.8
27.7
33.5
125
12.0
10.9
9.6
9.4
10.2
10.5
10.6
112
10.8
10.8
11.0
11.6
12.3
12.4
21
22
23
24
25
22
1.9
1.7
1.3
1.2
1.4
1.5
1.8
1.9
1.8
1.9
2.1
2.6
3.4
42
26
27
28
17.4
16.1
15.1
13.3
12.9
13.7
14.7
16.6
172
16.8
17.9
19.0
22.3
27.6
33.7
12.5
12.i
11.0
9.7
9.5
10.2
10.5
10.6
11.0
10.8
10.8
10.9
11.5
122
12.5
29
30
31
32
Line
Gross domestic product:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
1929
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1
4.6
4.7
4.7
52
5.7
5.7
6.3
7.3
7.7
8.2
8.2
8.9
9.4
9.9
10.0
2
3
4
36.8
35.3
28.0
27.6
28.6
28.8
31.2
34.3
35.8
37.1
36.9
38.9
39.7
405
40.3
12.6
13.3
16.7
18.7
20.0
19.9
20.2
21.3
21.5
22.0
222
22.9
23.6
24.4
24.9
5
6
7
8
9
10
11
12
13
14
15
16
4.7
4.8
4.6
52
5.6
5.8
6.2
7.1
7.7
8.2
8.3
8.8
9.4
9.9
10.1
37.1
35.7
27.6
27.8
28.5
29.1
30.9
33.9
35.8
37.2
37.2
38.8
39.7
40.7
40.6
12.6
13.3
16.5
18.7
19.8
19.9
20.1
21.0
21.4
21.9
22.2
22.8
23.6
24.4
24.9
..............
17
4.6
4.6
4.4
4.8
5.4
5.4
6.1
7.0
7.4
7.9
7.9
8.6
9.1
9.5
9.7
18
19
20
36.3
34.7
26.6
25.9
27.4
27.5
30.2
33.0
34.6
361
35.8
37.9
38.5
39.2
39.4
12.5
132
16.4
18.5
19.9
19.7
20.2
21.3
215
21.9
22.1
22.8
23.5
242
24.6
8.6
9.0
9.5
9.8
39.6
24.6
21
22
23
24
25
4.6
4.6
4.3
4.8
5.4
5.5
6.0
6.9
7.4
7.9
8.0
26
27
28
36.6
35.1
26.1
26.0
27.3
27.9
29.9
32.6
34.6
362
36.1
37.7
38.5
39.4
12.6
132
16.3
185
19.6
19.8
20.1
21.0
21.4
21.9
22.2
22.7
23.4
242
29
30
31
32
Table 7.2.—Fixed-Weighted and Alternative Quantity and Price Indexes for Gross Domestic Product, Final Sales, and Purchases:
Annual, 1929-58, and Quarterly, 1947-58-Continued
(Index numbers, 1987=100; quarters seasonally adjusted]
1950
1949
1948
1947
Line
Gross domestic product:
Current dollars
Quantity indexes:
Rxed 1967 weights
Chain-type annual weights .
Benchmark-years weignts ...
Price indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ...
Implicit price deflator
Final sales of domestic product1:
Current dollars
Quantity indexes:
Rxed 1987 weights
Chain-type annual weights
Benchmark-years weignts
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
Gross domestic purchases2:
Current dollars .
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ...
Price indexes:
Rxed 1987 weights
Chain-type annual weights .
III
5.0
5.1
5.2
5.4
5.5
5.7
5.8
5.9
5.8
5.7
5.7
5.7
5.9
6.1
6.5
27.3
27.5
27.6
28.0
28.3
28.5
28.7
29.0
28.8
28.7
28.9
28.7
29.8
30.7
31.8
18.3
18.5
19.3
19.6
19.9
20.3
20.3
20.0
19.8
19.8
19.9
19.9
20.4
5.0
5.1
5.3
5.4
5.5
5.6
5.7
5.8
5.8
5.8
5.8
5.8
5.9
6.1
6.4
6.5
27.6
27.9
28.0
28.2
28.4
28.5
28.9
28.9
292
292
29.2
29.7
30.6
31.7
31.8
18.3
18.6
18.9
20.0
20.0
19.9
19.9
19.9
20.4
20.4
19.4
20.0
4.6
4.7
4.8
5.0
52
5.4
5.6
5.6
5.4
5.4
5.4
5.4
5.7
5.9
6.3
6.6
25.5
25.7
25.8
26.4
26.9
27.3
27.5
27.8
27.4
27.4
27.7
27.6
28.7
29.6
30.9
31.7
19.1
19.4
19.8
20.1
19.9
19.7
19.7
19.7
19.8
19.9
20.5
20.7
5.0
52
5.3
5.4
5.5
5.5
5.5
5.5
5.6
5.7
5.9
6.3
6.3
27.3
27.7
27.6
27.9
27.9
28.1
28.6
29.5
30.7
30.8
19.9
m
19.8
1'9'i
'i'9'7
'i5S
m
"i9.9|
"20.4
20.4
18.2
4.7
4.9
25.7
25.8
26.1
26.4
26.8
27.2
tab
IA3
ie.6
19.1
192
m
4.6
1954
1953
1952
1951
III
Gross domestic product:
Current dollars
Quantity indexes:
Rxed 1987 weights
Chain-type annua! weights
Benchmark-years weignts
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
Final sales of domestic product»:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Foced 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
Rnal sales to domestic purchasers3:
Current dollars
!.
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
fxed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
IV
7.3
7.4
7.5
7.6
7.6
7.7
8.0
8.1
82
82
8.1
8.1
8.1
82
8.4
33.1
34.1
34.9
35.2
35.4
35.5
35.7
36.5
372
37.3
37.2
36.8
36.6
36.5
37.0
37.4
21.4
21.3
212
21.3
21.3
21.3
21.6
21.8
21.9
22.1
22.1
72
7.4
7.5
7.6
7.6
7.9
8.1
82
82
82
82
82
8.4
7.0
8.3
6.9
36.4
37.1
37.3
37.3
37.2
36.9
36.9
37.3
37.7
22.0
22.0
22.1
222
7.1
22.0
22.3
32.6
33.3
34.5
35.0
35.3
35.8
35.6
21.1
20.9
21.0
21.2
212
21.3
21.4
21.7
21.8
21.9
7.1
72
7.3
7.3
75
7.8
7.9
8.0
7.8
7.8
7.9
8.1
7.0
7.8
6.9
35.6
35.5
35.9
36.3
22.0
22.1
22.1
22.3
2
Gross domestic purchases :
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights .
20.7
27.5
Implicit price deflator
Final sales to domestic purchasers3:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weignts
Implicit price deflator
...
IV
22.3
32.0
32.8
33.5
33.8
34.1
34.3
34.7
35.5
362
36.4
362
35.8
21.4
21.3
21.2
21.3
21.3
21.3
21.5
21.8
21.8
21.9
22.0
21.9
6.7
6.7
6.9
7.1
72
7.4
7.4
7.7
7.9
8.0
8.0
7.9
7.9
7.9
8.0
8.1
34.6
34.6
35.4
36.1
36.4
36.3
36.2
35.9
35.9
362
36.5
21.3
21.4
21.7
21.8
21.9
21.9
21.9
22.1
22.1
22.1
22.3
31.6
32.1
33.1
33.6
33.9
212
20.9
20.9
21.1
212
Table 7.2.—Fixed-Weighted and Alternative Quantity and Price Indexes for Gross Domestic Product, Final Sales, and Purchases:
Annual, 1929-58, and Quarterly, 1947-58—Continued
[Index numbers, 1987=100; quarters seasonally adjusted]
1958
1957
1956
1955
Line
1
Gross domestic product:
Current dollars
Quantity indexes:
Fixed 1987 weights
Price indexes:
Fixed 1987 weights
C^n-type s^nual weights
Implicit price deflator
Gross domestic purchasesI:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-yeara weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weignts
Implicit price deflator
Final sales to domestic purchasers3:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weignts
Implicit price deflator
IV
1
IV
1
11
111
IV
1
II
111
IV
8.6
8.8
9.0
9.1
92
9.3
9.4
9.6
9.8
9.8
10.0
9.9
9.7
9.8
10.1
10.4
38.4
38.7
39.2
39.5
39.4
39.6
39.7
402
40.5
40.4
40.8
40.3
39.4
39.7
40.5
41.4
22.5
22.8
23.0
23.1
23.4
23.5
23.7
23.9
242
24.3
24.5
24.5
24.7
24.7
24.9
25.1
10
11
12
13
14
15
16
8.6
8.8
9.0
9.0
9.1
9.3
9.4
9.6
9.8
9.8
10.0
10.0
9.9
10.0
10.1
10.3
38.4
38.6
39.0
39.3
39.2
39.6
39.7
40.3
40.6
40.5
40.8
40.8
40.0
402
40.7
41.4
22.4
22.7
23.0
23.0
232
23.5
23.7
23.9
242
24.3
24.5
24.6
24.7
24.8
24.9
25.0
17
8.4
8.6
8.7
8.9
8.9
9.0
9.1
92
9.4
9.5
9.6
9.5
9.4
9.5
9.8
10.1
18
19
20
37 2
37.7
38.1
38.5
38.3
38.5
38.5
38.9
39.1
39.1
395
39.1
38.5
38.9
39.6
40.5
22.4
22.7
22.9
23.0
23.3
23.4
23.6
23.7
24.0
242
24.3
24.3
24.4
24.5
24.7
24.9
21
22
23
24
25
8.3
8.5
8.7
8.8
8.8
9.0
9.1
92
9.4
9.4
9.6
9.7
9.5
9.7
9.8
10.0
26
27
28
372
37.6
38.0
382
382
38.4
38.5
38.9
392
392
39.6
39.6
39.0
39.4
39.8
40.5
24.5
24.7
24.8
29
30
31
32
...
.............
22.4
227
22.9
229
23.1
1. Equals GDP less change In business inventories.
2. Equals GDP less net exports of goods and services or the sum of personal consumptions expenditures, gross
private domestic investment, and government purchases.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
111
II
1
9
..
Hi
2
3
4
5
6
7
8
Final sales of domestic product
Current dollars
Quantity indexes:
Fued 1987 weights
Chain-type annual weights
BenchnwrVyears weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
II
23.4
23.5
23.7
24.0
24.1
24.3
.............
24.4
24.5
3. Equals gross domestic purchases less change in business inventories or the sum of personal consumption
expenditures, gross private domestic fixed investment, and government purchases.
NOTE.-Percent changes from preceding period for selected items in this table are shown in table 8.1.
Table 7.3.—Fixed-Weighted and Alternative Quantity and Price Indexes for Gross National Product and Command-Basis Gross
National Product: Annual, 1929-58, and Quarterly, 1947-58
[Index numbers, 1987=100; quarters seasonally adjusted]
Une
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1941
1940
Gross national product:
Current dollars
Quantity indexes:
Rxed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit pKQ deflator
5
6
7
8
12.6
12.1
11.0
97
95
10.3
105
105
112
105
105
iT6
Less: Exports of goods and services and receipts
of factor Income:
Current dollars
Quantity index,fixed1987 weights
9
10
1.5
9.6
12
8.1
.8
6.7
.5
5.3
.5
52
.6
5.6
.7
6.1
5
6.5
1.0
82
5
75
1.0
8.3
12
92
Plus: Command-basis exports of goods and
services and receipts of factor income:
Current dollars
Quantity index, fixed 1987 weights
11
12
1.6
9.5
1.2
8.7
.8
7.4
5
6.1
.5
6.2
.7
6.7
5
7.3
.8
7.4
1.1
8.7
1.0
85
1.1
&9
Equals: Command-basts grass national product:
Current dollars
Quantity index, fixed 1987 weights
13
14
2.3
182
2.0
16.7
1.7
15.4
1.3
13.4
12
13.1
1.4
14.1
1.6
152
15
17.3
2.0
18.0
1.9
175
2.0
18.6
1943
1
2.3
2.0
1.7
1.3
1.2
1.4
1.6
1.8
2.0
1.9
20
22
25
35
42
2
3
4
182
16.6
15.3
13.3
13.0
14.0
15,1
172
17.9
172
18.6
20.0
23.6
28.4
34.0
Line
Gross national product:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
1942
..............
..............
..............
..............
1944
1945
1946
1947
1948
1949
1950
1951
**
*
"""'
1952
1954
1953
.. ... ..
*
......
125
125
1.3
9.7
1.1
65
1.0
55
15
10.0
15
105
12
8.7
1.1
8.0
22
20.1
2.8
23.8
35
28.5
42
342
1956
1955
1957
1958
1
4.7
4.7
4.7
52
5.8
5.7
6.3
7.3
7.7
82
82
9.0
9.4
9.9
10.1
2
3
4
36.8
35.3
28.1
27.7
285
28.9
31.4
345
36.0
375
37.0
39.1
39.9
40.7
405
5
6
7
8
126
13.3
16.7
18.7
20.0
19.9
202
21.3
215
22.0
222.
229
23.6
24.4
24.9
Less: Exports of goods and services and receipts
of factor income:
Current dollars
Quantity index, fixed 1987 weights
9
10
12
6.5
1.6
8.2
3.2
15.6
4.3
18.7
3.7
15.1
35
145
3.1
13.6
42
16.5
4.1
16.1
3.9
155
4.0
162
45
17.8
5.4
20 2
6.0
21.9
52
t9.1
Plus: Command-basts exports of goods and
services and receipts of factor income:
Current dollars
Quantity index, fixed 1987 weights
11
12
1.3
92
1.8
12.0
3.9
18.9
5.1
20.6
4.3
16.6
4.0
16.3
3.4
135
4.7
15.7
4.5
165
42
162
45
165
45
192
5.8
22.6
6.6
255
5.6
23.0
Equals: Command-basis gross national product:
Current dollars
Quantity index, fixed 1987 weights
13
14
4.7
37.1
4.7
35.7
4.7
28.4
52
27.9
5.8
28.9
5.7
29.0
6.3
31.4
75
34.4
7.7
36.0
82
37.4
82
37.1
9.0
39.3
9.4
402
9.9
41.1
10.1
405
1947
1948
1950
1949
Line
Gross national product:
Current dollars .
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ...
Price indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ...
implicit price deflator
Sports of goods and services and receipts
of factor Income:
Current dollars
Quantity index,fix'ed"i987weighis"".".""'.!."."!.",'
Plus: Command-basis exports of goods and
services and receipts of factor Income:
Current dollars
Quantity index, fixed' 1987 wights'"
Et,
Cw?emdolSSld"baSlS 9 T O S S n a t i o n a l P ^ n c t :
Quantity index, fix'^'l987 weights'"
See note at end of table.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
5.9
6.1
65
29.9
305
32.0
195
195
19.9
3.4
14.7
2.9
12.9
25
129
3.0
13.1
3.1
13.7
45
175
3.9
16.0
35
135
32
132
32
132
3.4
13.4
5.7
29.0
5.7
292
5.7
285
5.9
295
6.1
305
65
315
5.0
5.1
52
5.6
5.7
5.9
5.9
5.8
5.7
5.7
27.4
27.6
27.7
28.4
28.7
28.8
29.1
285
28JB
29.0
18.3
18.5
18.7
19.3
19.6
19.9
20.4
20.3
20.0
195
19.8
42
18.7
4.5
19.5
4.5
19.0
4.1
17.4
4.0
16.1
3.7
14.7
3.7
15.0
35
145
3.9
16.0
3.7
15.8
5.0
21.0
5.3
21.6
5.3
21.1
4.8
185
4.6
17.6
42
16.1
42
16.6
4.0
16.1
4.4
17.8
5.0
27.6
5.1
27.8
52
28.0
5.4
28 2
5.6
28.6
5.7
285
5.9
29.0
5.9
29.3
5.8
29.1
5.7
Table 7.3.—Fixed-Weighted and Alternative Quantity and Price Indexes for Gross National Product and Command-Basis Gross
National Product: Annual, 1929-58, and Quarterly, 1947-58—Continued
[Index numbers, 1987=100; quarters seasonally adjusted]
1954
1953
1952
1951
Line
1
Gross national product:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
111
II
1
IV
II
111
IV
1
II!
11
IV
I
III
II
IV
1
7.1
7.3
7.4
7.5
7.6
7.6
7.7
8.0
82
82
82
8.1
8.1
8.1
8.2
8.4
2
3
4
33.3
34.3
35.1
35.3
35.6
35.7
35.9
36.7
37.3
37.5
37.3
37.0
36.7
36.7
37.1
37.6
5
6
7
8
21.4
21.3
212
21.3
21.4
21.3
21.6
21.9
21.9
22.0
22.0
22.0
22.1
22.1
22.1
22.3
Less: Exports of goods and services and receipts
of factor income:
Current dollars
Quantity index, fixed 1987 weights
9
10
3.7
15.1
42
16.6
4.4
17.1
4.5
17.1
4.6
17.7
4.1
16.3
3.8
15.2
3.9
15.3
3.8
15.2
3.9
15.5
3.9
15.8
3.8
15.4
3.7
15.0
4.1
16.7
4.0
162
42
17.0
Plus: Command-basis exports of goods and
services and receipts of factor Income:
Curern dollars
Quantity index, fixed 1967 weights
11
12
4.1
14.3
4.7
15.5
4.9
16.3
5.0
16.7
5.1
17.7
4.5
16.3
42
15.4
4.2
15.7
4.1
15.9
4.1
16.1
4.3
16.6
4.1
16.3
3.9
15.6
4.5
17.3
4.3
16.9
4.5
17.9
Equals: Command-basis gross national product:
Current dollars
Quantity index, fixed 1987 weights
13
14
7.1
33.2
7.3
34.2
7.4
35.0
7.5
35.3
7.6
35.6
7.6
35.7
7.7
35.9
8.0
36.7
8.2
37.4
8.2
37.6
8.2
37.4
8.1
37.0
8.1
36.8
8.1
36.8
8.2
372
8.4
37.7
I
II
1
II
1
II
I
II
...
1955
1956
1957
1958
Line
Gross national product:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Implicit price deflator
IV
III
III
IV
111
IV
III
IV
1
8.7
8.9
9.1
92
9.3
9.4
9.5
9.7
9.9
9.9
10.1
9.9
9.8
9.9
102
10.5
2
3
4
38.6
38.9
39.4
39.7
39.6
39.8
39.9
40.4
40.7
40.7
41.0
40.5
39.6
39.9
40.7
41.6
22.5
22.8
23.0
23.2
23.4
23.5
23.7
23.9
24.2
24.3
24.5
24.5
24.7
24.7
24.9
25.1
5
6
7
Less: Exports of goods and services and receipts
of factor income:
Current dollars
Quantity index, fixed 1987 weights
9
10
4.4
17.5
4.3
17.2
4.6
18.1
4.7
182
5.0
19.1
5.3
20.0
5.5
20.7
5.7
21.1
6.2
22.7
6.2
22.5
6.0
21.9
5.7
20.6
5.2
18.9
52
19.0
52
19.1
5.2
19.3
Ptus: Command-basis exports of goods and
services and receipts of factor Income:
Current dollars
Quantity index, fixed 1987 weights
11
12
4.7
18.6
4.6
18.6
5.0
19.8
5.0
19.9
5.3
20.9
5.7
22.3
6.0
23.4
6.3
23.8
6.8
25.9
6.7
25.6
6.5
25.2
6.3
24.3
5.6
22.9
5.6
23.2
5.6
23.0
5.6
22.8
Equals: Command-basis gross national product:
Current dollars
Quantity index, fixed 1987 weights
13
14
8.7
38.7
8.9
39.1
9.1
39.5
92
39.9
9.3
39.8
9.4
40.1
9.5
402
9.7
40.7
9.9
41.0
9.9
41.0
10.1
41.4
9.9
40.9
9.8
40.0
9.9
40.4
102
41.1
10.5
42.0
NOTE.—Percent changes from preceding period for selected items in this table are shown in table 0.1.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
Table 7.4.-Price Indexes for Personal Consumption Expenditures by Major Type of Product, Fixed 1987 Weights: Annual, 1929-58,
and Quarterly, 1947-58
[Index numbers, 1987=100; quarters seasonally adjusted]
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
Housing
Household operation
Electricity and gas
Other household operation
Transportation
Medical care
Other
Addenda:
Price indexes for personal consumption
expenditures:
Chain-type annual weights
Benchmark-years weights
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 household operation
Transportation
Medical care
Other
Addenda:
Price indexes for personal consumption
expenditures:
Chain-type annual weights
Benchmark-years weights
1930
1931
1932
1934
1933
1935
1937
1936
1938
1939
1940
1941
1942
20.6
192
17.1
15.2
145
14.8
14.9
15.1
155
15.4
152
15.3
16.0
17.7
18.8
2
465
40.5
33.8
28.6
26.8
28.1
27.7
27.7
28.6
285
28.0
28.2
29.8
34.8
36.6
3
4
5
20.0
94.7
28.6
19.3
77.1
28.5
18.0
58.8
27.7
16.9
45.9
25.4
15.5
42.9
24.7
16.3
45.9
24.4
16.0
45.4
23.8
16.1
45.4
23.8
165
47.3
24.0
17.2
462
23.7
16.8
45.0
23.8
16.7
45.3
24.8
17.9
47.4
262
20.9
55.7
30.1
22.4
59.1
29.6
6
18.3
175
152
13.3
132
142
145
14.5
15.0
14.4
142
14.3
15.3
17.6
19.3
7
8
9
10
11
15.9
23.4
20.0
9.7
20.4
14.9
22.4
19.1
9.6
19.9
12.3
19.6
16.2
9.0
18.7
10.1
16.0
16.8
82
17.3
10.1
165
16.7
7.9
16.8
11.1
19.3
175
8.4
16.8
11.7
19.0
17.5
82
16.7
11.7
19.0
18.1
8.3
16.7
12.1
20.0
185
8.4
172
11.3
195
18.0
8.4
16.9
11.2
19.0
172
8.2
16.6
11.3
19.2
16.9
8.5
16.9
12.3
21.2
17.7
8.9
172
14.5
25.4
18.5
9.5
18.9
16.6
28.6
18.7
10.0
19.8
12
15.8
15.2
14,3
132
12.3
12.0
12.1
12.3
12.7
12.8
12.8
12.9
13.1
13.6
14.1
13
14
15
16
17
18
19
23.6
26.3
23.0
25.9
21.8
25.3
19.6
24.8
17.3
24.5
15.8
242
15.8
23.9
162
23.5
16.9
23.3
17.5
23.1
17.5
22.9
17.5
22.9
17.8
23.0
18.2
23.6
18.3
242
19.5
7.3
10.4
16.3
7.3
10.0
15.6
6.6
9.1
14.0
5.9
8.4
13.2
5.9
8.1
12.8
62
8.3
13.4
65
8.4
13.5
6.8
8.7
13.4
7.0
9.0
12.9
7.1
9.1
13.3
7.0
9.2
12.9
72
92
13.2
7.4
95
14.3
7.9
10.0
14.8
8.5
10.7
20
21
1944
1945
1946
1947
1949
1948
1950
1951
1952
1954
1953
1955
1956
1957
20.0
20.3
21.3
23.4
24.9
25.0
25.3
26.7
272
27.6
275
27.9
28.5
29.3
30.0
2
40.6
392
412
465
49.6
51.3
51.3
53.8
53.6
532
52.2
50.3
51.3
53.1
54.1
3
4
5
25.1
65.0
33.3
20.6
67.4
34.2
242
67.7
34.3
27.2
77.8
37.0
30.6
82.1
37.3
32.7
83.9
37.4
33.0
84.1
36.4
34.9
872
39.1
37.1
83.1
39.3
37.0
81.8
39.4
36.9
79.3
38.7
35.0
76.9
38.0
36.6
77.3
38.5
38.6
79.4
39.0
39.9
80.1
395
6
20.6
21.6
23.3
26.0
27.6
26.7
26.7
28.8
29.0
28.9
29.1
29.0
29.4
302
30.9
7
8
9
10
11
17.1
32.9
18.7
10.3
21.2
17.6
36.0
18.6
10.3
21.9
19.6
38.7
19.0
10.9
22.7
22.3
41.4
21.3
12.3
26.1
23.4
43.9
23.9
14.4
27.7
22.6
41.9
24.4
14.5
26.8
22.8
41.4
245
14.9
26.7
24.9
44.8
25.0
15.5
28.6
25.5
44.0
255
15.7
28.4
25.1
44.0
26.6
162
28.6
25.3
44.0
27.1
16.3
28.6
25.0
43.8
27.4
165
28.9
25.3
445
28.3
17.0
29.4
26.1
45.1
29.5
17.9
30.3
27.0
45.3
292
17.6
31.1
12
14.6
14.9
15.3
162
172
17.7
182
18.9
19.6
20.6
212
21.7
222
22.8
23.5
13
14
15
16
17
18
19
18.3
24.7
18.4
25.0
18.6
235
192
23.8
205
24.6
21.3
25.3
22.1
262
23.0
26.8
23.9
27.6
252
28.4
26.1
28.5
26.4
28.8
26.9
29.1
27.4
29.6
28.0
30.5
15.0
9.0
11.5
14.7
9.5
12.2
14.8
10.4
132
16.1
115
14.3
17.6
12.1
15.3
18.2
12.1
15.7
18.7
12.3
16.1
19.4
12.7
17.0
20.3
13.4
17.4
215
14.1
18.3
22.1
14.6
18.9
21.9
15.0
19.7
21.8
15.4
20.8
22.4
16.1
21.4
23.6
16.7
22.0
1
II
20
21
1947
I
Personal consumption expenditures
Motor vehicles and parts
Furniture and household equipment
Other
Nondurable goods
Food
Clothing and shoes
Gasoline and oil
Fuel ol and coal
Other
Services
Housing
Household operation ...
Electricity and gas......
Other household operation
Transportation
Medical care
Other
Addenda:
Price indexes for personal consumption
expenditures:
Chain-type annual weights
Benchmark-years weights
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
1958
1
1948
1950
1949
Line
Durable goods
1943
1
Una
Personal consumption expenditures
1929
II
Ill
IV
1
II
III
IV
I
II
111
IV
111
IV
1
22.9
23.1
23.6
24.1
24.4
24.8
252
252
25.1
25.1
24.9
25.0
25.0
25.0
255
255
2
462
46.4
46.5
47.0
48.0
49.1
50.8
50.6
515
515
505
512
50.8
50.9
515
51.9
3
4
5
27.0
36.6
37.4
26.9
37.1
37.6
272
372
36.5
27.6
37.3
36.7
29.0
37.0
36.7
30.1
37.1
37.1
31.9
37.4
37.5
31.3
37.5
37.7
32.6
37.6
38.0
32.7
37.5
38.1
32.4
37.3
36.7
33.0
37.1
36.7
32.7
36.3
36.4
32.7
36.0
36.4
33.3
36.4
36.4
33.3
37.1
36.6
6
25.7
26.0
26.4
272
27.6
27J
28.1
27.9
275
27.1
26.8
26.6
26.4
265
272
275
7
8
9
10
11
21.9
40.4
20.4
11.7
25.5
21.9
41.2
21.0
12.0
25.8
22.4
41.5
21.5
125
262
23.2
42.4
225
13.1
26.7
23.4
43.3
23.6
13.6
272
23.4
44.0
24.0
142
27.5
23.6
442
24.0
14.8
28.0
23.1
442
24.1
15.0
27.9
22.8
43.1
24.3
14.8
27.5
22.7
42.2
24.5
14.5
26.9
225
41,4
24.5
14.4
265
22.4
40.8
24.5
14.4
26.2
22.2
40.6
24.4
14.5
26.2
22.4
40.6
24.3
14.7
26.2
23.1
415
24.5
15.1
26.9
23.5
42.9
24.8
15.4
275
12
15.8
15.9
164
16.8
16.9
17.1
17.4
175
175
175
17.7
17.8
18.0
18.1
18.3
18.5
13
14
15
16
17
18
19
18.8
23.6
18.9
23.7
19.3
23.9
20.0
24.0
20.2
24.4
20.3
24.5
20.6
24.7
20.8
24.9
21.1
25.0
21.3
25.1
21.4
25.4
21.6
25.7
21.9
25.9
22.0
26.1
22.2
26.4
22.3
26.5
15.7
10.9
14.1
16.0
11.2
14.0
162
11.9
145
16.3
12.1
14.8
16.6
12.0
14.8
via
18.0
122
155
18.6
12.1
15.6
18.3
12.1
15.5
182
12.1
15.6
18.1
12.1
15.7
18.3
12.1
15.8
18.6
12.2
15.8
18.6
122
15.9
18.8
12.3
16.2
19.1
12.5
16.5
20
21
'
12.1
15.2
Table 7.4.—Price Indexes for Personal Consumption Expenditures by Major Type of Product, Fixed 1987 Weights: Annual, 1929-58,
and Quarterly, 1947-58—Continued
[Index numbers, 1987=100; quarters seasonally adjusted]
1
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 household operation
Transportation .
Medical care
Other
Addenda:
Price indexes for personal consumption
expenditures:
Chain-type annual weights
Benchmark-years weights
II
111
IV
I
111
II
1954
1953
1952
1951
Line
IV
I
111
II
IV
1
11
III
IV
1
26.5
26.7
26.8
27.0
27.1
27.1
272
27.3
27.5
275
27.7
27.8
28.0
28.0
27.9
27.8
2
53.4
53.4
54.1
54.3
54.0
53.5
53.7
532
53.1
532
53.4
53.0
53.2
52.7
51.8
51.1
3
4
5
33.8
38.7
38.5
33.8
39.2
38.7
35.3
39.3
39.8
36.5
39.3
39.5
36.7
39.5
39.3
36.7
39.2
39.4
37.7
39.3
39.2
37.4
39.1
39.2
37.1
39.3
39.1
37.0
39.5
392
37.1
39.6
39.7
36.8
39.5
39.9
37.4
392
40.1
37.3
39.0
39.2
36.7
38.6
38.0
36.3
38.1
37.5
6
28.9
29.1
29.0
29.3
29.3
29.2
29.2
29.4
29.3
29 2
292
29.2
29.3
29.4
29.4
29.3
7
8
9
10
11
24.7
44.4
25.0
15.6
28.4
24.8
45.0
25.0
15.5
28.6
24.7
45.0
24.8
15.4
28.6
25.3
44.8
25.2
15.5
28.7
25.4
44.5
25.4
15.5
28.4
25.5
43.7
25.5
15.6
28.4
25.6
43.3
25.6
15.8
28.5
25.5
44.6
25.5
16.0
28.5
25.2
44.7
25.8
16.1
285
25.0
43.9
26.2
16.3
28.7
25.1
43.7
26.9
16.3
28.6
25.2
435
27.3
162
28.5
25.3
44.0
27.3
162
28.4
25.5
43.9
27.3
16.3
28.6
25.3
44.2
27.0
16.3
28.6
252
43.9
26.9
16.3
28.7
12
18.7
18.8
18.9
19.2
19.3
19.5
19.7
19.9
202
20.5
20.8
21.0
21.1
21.2
21.2
21.3
13
14
15
16
17
18
19
22.6
26.6
22.8
26.6
23.1
26.7
23.4
27.2
23.6
27.4
23.8
27.5
24.0
27.7
24.3
28.0
24.7
28.3
25.0
28.4
25.4
28.5
25.8
28.6
26.0
28.7
26.0
28.4
26.1
28.4
26 2
28.5
19.2
12.6
16.7
19.3
12.7
16.9
19.4
12.7
17.0
19.6
12.9
17.1
19.6
13.1
17.2
20.0
13.3
17.3
20.5
13.5
17.5
20.9
13.6
17.6
21.0
14.0
17.9
21.4
14.0
182
21.7
14.2
18.5
21.9
14.3
18.7
22.0
14.5
18.8
22.1
14.6
18.9
22.1
14.7
19.0
22.1
14.7
192
I
II
1
II
I
II
20
21
1955
1956
1958
1957
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
Housing
Household operation
Electricity and gas
Other household operation
Transportation
Medical care
Other
Addenda:
Price indexes for personal consumption
expenditures:
Chain-type annual weights
Benchmark-years weights
III
IV
IV
1
27.8
27.8
27.9
28.0
282
28.4
28.6
28.8
29.0
29 2
29.4
29.5
29.9
29.9
30.0
30.1
2
50.6
50.1
50.3
50.2
505
50.9
515
52.3
52.6
53.3
532
53.1
54.4
54.0
53.9
53.8
3
4
5
35.3
38.0
38.1
34.6
37.9
38.0
35.0
38.0
37.9
34.9
38.1
38.0
35.6
38.1
38.1
36.2
38.3
38.4
36.9
38.6
38.7
37.7
39.0
38.8
38.4
38.8
38.5
39.0
38.9
39.0
38.7
39.0
39.1
382
392
39.2
402
39.7
39.2
39.7
395
39.7
39.9
39.4
39.6
39.7
39.4
395
IV
6
29.3
29.3
29.3
29.3
29.4
29,7
29.9
30.0
30.3
30.4
30.7
30.8
312
31.3
312
31.1
7
8
9
10
11
252
43.8
27.1
16.4
28.8
25.1
43.7
27.3
16.4
28.8
25.0
43.9
27.6
16.5
28.9
24.9
43.9
27,7
16.6
29.1
24.9
44.1
27.8
16.8
29.3
25.2
44.4
27.9
17.0
29.5
25.5
44.7
28.6
17.1
29.5
25.6
44.9
28.8
172
295
25.8
45.0
29.4
17.6
29.8
25.9
45.1
29.7
17.9
30.1
26.3
45.2
29.4
18.1
30.6
26.3
45.3
29.4
18.1
30.8
27.0
45.3
29.7
18.0
31.0
27.2
45.3
29.0
17.7
31.1
27.0
45.3
29.3
17.5
31.1
26.9
45.3
28.7
17.4
31.1
12
215
21.6
21.7
21.9
22.0
22.1
22.3
225
22.6
22.7
22J
23.1
23.3
23.4
23.5
23.7
13
14
15
16
17
18
19
26.3
28.7
26.4
28.7
26.5
28.8
26.6
28.8
26.7
29.0
26.8
29.0
27.1
29.1
27.1
29.3
27.3
29.4
27.3
295
27.5
29.7
27.7
30.1
27.7
30.2
27.9
30.4
28.0
30.6
22.0
15.0
19.3
21.9
15.0
19.5
21.8
15.0
19.8
217
15.2
20.1
21.9
15.3
20.4
21.9
15.3
20.7
21.8
15.4
20.9
21.8
15.6
21.1
22.0
15.8
21.3
222
15.9
21.4
22.4
16.2
215
22.8
16.3
21.6
23.1
16.5
21.8
23.4
16.5
21.9
23.8
16.8
22.0
20
21
NOTE —Percent changes from preceding period for selected items in this table are shown in table 8.1.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
III
II
III
III
IV
1
282
30.7
„.„,,
24.2
17.0
22.1
T a b l e 7 . 5 . — P r i c e I n d e x e s f o r P e r s o n a l C o n s u m p t i o n E x p e n d i t u r e s b y T y p e of P r o d u c t , F i x e d 1987 W e i g h t s
[Index numbers, 1987=100]
Line
Personal consumption expenditures1
Durable goods
1929
1930
20.6
192
1931
1933
1934
1935
152
145
14.8
14.9
1936
1937
1938
155
15.4
1939
1940
1943
152
15.3
16.0
46.5
40.5
33.8
28.6
26.8
28.1
27.7
27.7
28.0
28.2
295
345
36.6
Motor vehicles and parts
New autos (70)
Net purchases of used autos (71)
Other motor vehicles (72)
Tires, tubes, accessories, and other parts (73).
20.0
202
.6
20.9
40.6
19.3
T9.6
.6
20.3
37.5
18.0
18.7
.9
19.3
32.0
16.9
17.5
1.1
• 18.1
29.4
15.5
15.8
1.0
16.4
29.4
16.3
16.8
.9
17.3
30.1
16.0
16.5
.7
17.0
29.7
16.1
16.6
.6
172
29.3
165
17.0
.6
17.5
30.5
172
17.8
5
18.4
30.7
16.8
17.4
.8
17.9
30.6
16.7
17.4
1.3
17.9
292
17.9
18.7
2.7
19.4
29.4
20.9
22.3
5.0
23.1
28.6
22.4
23.7
5.4
24.6
32.3
Furniture and household equipment
Furniture, including mattresses and bedsprings
(29).
Kitchen and other household appliances (30)
China, glassware, tableware, and utensils (31) ....
Video and audio products, computing equipment,
and musical instruments (91).
Other durable house furnishings (32)
94.7
17.1
77.1
16.6
58.8
14.6
45.9
11.9
42.9
12.3
45.9
13.4
45.4
13.1
45.4
13.6
47.3
14.8
462
14.5
45.0
14.2
45.3
14.4
47.4
15.9
55.7
18.8
59.1
22.3
55.1
12.8
310.5
52.6
12.4
237.7
48.6
11.3
167.4
42.1
10.5
122.9
39.7
10.3
1115
40.1
11.4
120.1
39.4
12.4
118.2
40.0
11.7
117.1
41.4
11.8
119.9
41.6
11.8
115.9
41.1
11.8
111.4
39.6
11.8
112.6
41.6
12.1
116.0
47.9
13.6
138.7
532
15.3
140.1
Other.
Ophthalmic products and orthopedic appliances
Wheel goods, sports and photographic equipment,
boats, and pleasure aircraft (90).
Jewelry and watches (18)
Books and maps (87)
Nondurable goods .
22.7
21.7
19.1
17.0
172
19.1
19.0
19.4
21.4
21.0
212
22.0
23.8
26.7
29.9
28.6
23.4
28.5
23.1
27.7
23.1
25.4
22.0
24.7
21.1
24.4
21.1
23.8
21.1
23.8
21.0
24.0
21.1
23.7
21.1
23.8
24.8
215
262
21.6
30.1
295
22.5
36.1
36.3
34.5
30.7
29.1
292
28.7
295
29.8
30.5
11.7
302
11.3
30.1
10.8
28.2
10.3
28 2
9.8
27.3
9.7
26.3
9.7
27.9
9.8
27.8
10.2
31.6
10.3
38.5
10.3
29.1
27.1
10.0
25.4
10.1
21.4
285
262
10.2
21.8
335
30.8
39.6
11.1
18,3
17J
152
13.3
132
142
145
145
15.3
17.6
195
Food .
Food purchased for off-premise consumption (3)..
Purchased meals and beverages (4)
Food furnished to employees (including military)
and food produced and consumed on farms
(5+6).
15.9
18.0
11.6
12.3
14.9
16.9
10.8
11.7
12.3
13.8
9.3
9.6
10.1
11.3
7.8
7.9
10.1
11.5
7.5
7.7
11.1
12.5
82
11.7
13.1
8.9
9.5
11.7
13.1
8.9
9.6
12.1
135
9.3
9.9
11.3
12.6
8.7
9.1
112
12.5
8.5
11.3
12.6
8.6
12.3
13.8
9.3
10.0
14.5
16.4
10.8
11.5
16.6
18.7
122
13.3
Addenda: Food excluding alcoholic beverages (8)
Alcoholic beverages purchased for offpremise consumption (9).
Other alcoholic beverages (10)
15.2
14.3
9.6
9.7
24.1
11.0
22.9
11.8
22.4
11.8
22.1
122
22.3
112
225
11.1
22.7
11.1
23.3
122
24.7
14.7
28.2
17.0
31.3
13.8
13.0
12.8
12.6
12.7
12.8
13.0
13.3
14.1
16.1
17.8
Clothing and shoes
Shoes (12)
Women's and children's clothing and accessories
except shoes (14).
Men's and boys' clothing and accessories except
shoes (15+16).
23.4
18.3
252
22.4
17.2
24.1
19.6
14.8
21.1
16.0
12.4
17.2
165
12.0
18.3
19.3
13.0
21.7
19.0
12.7
21.3
19.0
12.8
21.2
20.0
135
22.3
19.5
13.3
21.7
19.0
13.2
21.1
19.2
13.3
21.1
21.2
142
23.7
25.4
16.6
28.5
28.6
18.4
32.4
19.0
15.6
155
17.9
17.7
17.8
18.3
175
18.3
19.8
23.9
26.6
16.2
16.8
16.7
175
17.5
18.1
18.0
172
16.9
17.7
18.5
18.7
82
7.9
8.4
82
8.4
8.2
85
8.9
9.5
10.0
22.6
142
Gasoline and oil (75)
20.0
19.1
Fuel oil and coal (40)
9.7
9.6
20.4
12.1
22.3
21.0
19.4
19.9
11.4
21.9
192
18.7
18.7
11.6
21.1
15.8
17.1
17.3
11.6
20.6
13.0
14.5
16.8
10.3
20.6
13.8
14.3
16.8
10.6
18.8
15.5
13.9
16.7
105
18.5
155
13.7
16.7
10.4
18.6
15.3
13.6
172
10.7
18.9
15.8
13.7
16.9
10.8
18.9
14.3
13.7
16.6
11.0
18.8
13.6
13.5
16.9
11.3
18.6
14.1
13.4
172
11.6
19.2
16.2
13.8
18.9
11.S
21.0
212
14.9
19.8
12.7
21.3
24.4
15.4
28.7
26.9
16.9
28.5
26.6
16.5
28.0
24.9
14.1
26.9
22.8
13.5
255
22.6
11.7
24.5
24.0
12.0
23.9
24.2
11.7
23.9
24.9
115
24.1
26.0
13.4
24.3
25.7
13.6
24.1
24.7
135
24.1
25.6
14.0
24.4
25.6
13.9
25.0
29.7
16.2
25.1
30.1
16.8
19.6
9.4
192
9.4
15.4
9.2
9.9
9.0
10.7
15.3
9.1
18.3
9.1
16.3
92
228
95
16.6
9.6
13.6
9.7
14.9
9.7
14.3
"7o.o
19.4
"lOS
24.3
Other.
Tobacco products (7)
Toilet articles and preparations (21)
Semidurable house furnishings (33)
Cleaning and polishing preparations, and
miscellaneous household supplies and paper
products (34).
Drug preparations and sundries (45)
Nondurable toys and sport supplies (89)
Stationery and writing supplies (35)
Net foreign remittances (109 less 111)
Magazines, newspapers, and sheet music (88) ...
Flowers, seeds, and potted plants (93)
9JQ
18.5
15.8
152
14.3
132
113
110
12.1
125
12.8
12.9
135
14.1
Housing
Owner-occupied nonfarm dwellings—space rent
(24).
Tenant-occupied nonfarm dwellings—rent (25) ...
Rental value of farm dwellings (26)
y 1
Other (27)
'
23.6
24.3
23.0
23.6
21.8
22.4
19.6
20.1
17.3
17.3
15.8
162
15.8
162
162
16.6
16.9
17.3
17.5
17.9
17.5
17.9
17.5
18.0
17.8
18.3
182
18.7
18.3
18.7
23.9
13.6
14.0
23.2
12.9
13.7
22.0
11.7
12.9
19.8
10.2
11.8
18.4
9.6
10.6
15.9
102
10.0
15.9
11.0
10.0
16.3
112
102
17.0
11.7
10.7
17.6
11.8
11.0
17.6
11.6
11.1
17.7
115
10.9
18.0
11.8
11.1
18.3
12.7
11.7
18.4
13.8
122
Household operation
Electricity (37)
Gas (38)
Water and other sanitary services (39)
Telephone and telegraph (41)
Domestic service (42)
Other (43)
26.3
34.0
14.7
9.2
36.6
8.0
16.2
25.9
32.9
14.4
92
36.9
7.4
15.5
25.3
31.6
14.1
92
37.0
6.4
14.7
24.8
30.7
13.8
8.9
37.1
5.5
14.5
24.5
30.3
13.6
8.1
36.9
5.0
14.8
242
29.5
13.5
82
36.4
52
15.4
23.9
28.6
13.4
8.6
362
5.3
15.8
235
27.7
13.4
8.6
36.0
5.5
15.6
23.3
27.1
132
8.6
35.5
6.1
162
23.1
26.7
13.4
8.6
35.5
5.8
15.8
22.9
26.3
13.5
85
35.4
6.0
15.6
22.9
26.0
13.4
8.7
35.5
6.1
15.9
23.0
25.8
13.3
8.6
35.7
6.6
17.0
23.6
25.7
13.3
8.7
37.6
7.7
18.0
242
255
13.1
8.7
38.9
Transportation
User-operated t r a n s p o r t a t i o n Z Z Z Z Z " Z
Repair, greasing, washing, parking, storage,
rental, and leasing (74).
Other user-operated transportation (76+77) ...
Purchased local transportation
Mass transit systems (79)
Taxicab (80) .
Purchased intercity transportation
Railway (82)
Bus (83)
Airline (84)
Other (85)
Z Z Z Z Z
19.5
14.8
14.9
16.3
13.9
14.4
15.6
13.1
13.5
14.0
11.8
11.7
132
10.7
105
12.8
112
10.8
13.4
11.7
112
135
11.8
112
t3.4
11.7
11.3
12.9
11.6
11.3
13.3
11.8
112
12.9
11.7
112
132
12.0
11.7
14.3
12.9
12.7
14.8
13.3
125
14.5
8.6
7.3
10.8
38.4
18.8
16.4
42.9
16.4
12.1
8.6
7.5
10.6
26.5
18.6
15.9
28.6
16.1
11.5
7.7
7.5
8.1
26.5
17.6
15.7
28.6
16.1
122
11.6
6.9
7.5
5.9
23.5
15.6
16.0
25.0
16.0
6.7
75
5.4
23.3
13.7
135
25.0
15.9
12.6
7.3
7.5
7.0
19.9
12.8
132
21.1
16.3
135
7.5
75
7.6
21.0
12.8
14.7
222
16.0
13.8
7.8
75
8.3
20.9
12.0
13.8
222
16.3
13.5
82
75
9.6
20.7
11.7
9.9
222
16.3
13.1
82
75
95
18.3
12.4
9.8
19.5
155
75
10.5
19.6
122
9.4
21.1
15.8
135
82
75
9.3
185
11.6
9.1
19.8
15.7
132
8.3
75
95
18.7
11.6
92
20.0
162
13.8
85
7.6
9.9
20.5
13,0
10.4
21.9
16.6
152
8.9
7.6
21.4
13.3
11.1
22.9
17.0
7.3
7.7
9.7
8.9
5.5
15.7
7.3
7.9
9.9
9.1
52
15.8
6.6
7.3
92
8.4
4.9
12.5
5.9
6.3
7.7
7.3
4.6
10.7
5.9
6.3
7.7
7.3
4.4
11.9
62
6.5
7.9
7.6
4.6
14.4
65
7.0
8.5
8.0
4.8
15.0
6.8
7.1
8.6
8.2
4.9
16.4
7.0
72
8.9
8.3
5.1
17.5
7.1
7.5
9.3
8.7
5.0
17.8
7.0
7.4
92
8.5
5.0
17.9
72
7.7
95
8.8
5.1
17.9
7.4
7.8
9.6
9.1
5.3
17.8
7.9
8.3
10.3
95
5.7
19.7
8.5
9.0
11.0
10.4
6.1
20.6
1
Services
Medical care
Physicians (47) Z
Dentists (48)
Other professional services (49) ....
Hospitals and nursing homes (50) .
Health insurance (56) ...
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
10.1
19.4
11.0
Table 7.5.—Price Indexes for Personal Consumption Expenditures by Type of Product, Fixed 1987 Weights—Continued
(Index numbers, 1987-100]
Line
1929
1930
1931
1932
1933
1934
1935
1936
'
1937
1938
1939
1940
1941
1942
1943
Services—Continued.
Other1
75
76
77
Cleaning, storage, and repair of clothing and
shoes (17).
78
Barbershops, beauty parlors, and health clubs
(22).
79
Other (19)
80
Personal business
81
Brokerage charges and investment counseling
(61).
82
Bank service charges, trust services, and safe
deposit bo* rental (62).
Services furnished without payment by financial 83
intermediaries except life insurance carriers
and private noninsured pension plans (63).
84
Expense of handling life insurance (64)
85
Legal services (65)
Funeral and burial expenses (66)
86
87
Other (67)
88
Recreation
Admissions to specified spectator amusements 89
(94).
90
Other(92+98+99+100+101)
Education and research
91
Higher education (103)
.... 92
93
Nursery, elementary, and secondly schools
94
95
96
97
98
Other (105)
Religious and welfare activities (t06)
Net foreign travel'
.....
Foreign travel by U.S residents (108)
Less: Expenditures in the United States by
nonresidents (110).
Addenda:
Price indexes for personal consumption
expenditures:
Chain-type annual weights
Benchmark-years weights
Seefootnote^}at end of table.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
.....
......
99
100
9.1
92
12.3
8.4
8.5
12.0
9.2
8.9
115
92
8.9
11.4
95
9.4
11.6
10.0
10.4
125
10.7
11.7
13.0
9.0
8.7
11.3
9.1
8.9
115
7.3
7.9
8.2
82
8.2
8.5
9.4
11.0
7.1
5.4
2.3
7.7
5.6
2.3
7.6
5.5
2.3
7.6
5.5
2.4
7.9
5.6
2.4
9.0
5.8
2.5
10.4
6.2
2.5
12.1
6.6
3.5
85
92
10.3
102
10.6
10.6
10.7
10.5
3.8
4.0
3.8
3.6
3.8
4.0
4.3
4.6
7.9
3.9
8.1
10.0
12.9
13.0
82
4.1
8.3
10.2
13.1
13.0
8.6
4.1
8.9
10.3
13.6
13.2
8.3
4.1
9.0
10.0
13.9
13.5
82
4.0
92
10.0
13.8
13.3
8.4
4.1
9.3
9.9
13.9
13.6
8.7
4.3
10.1
10.4
14.0
13.9
9.4
4.5
10.7
11.3
14.7
14.3
10.0
4.8
112
11.9
15.5
14.2
12.5
8.8
8.6
6.9
12.9
8.7
85
6.9
13.1
8.8
8.6
6.9
13.7
9.0
8.8
7.1
14.0
9.0
8.9
7.1
13.9
9.1
8.9
7.1
13.9
9.0
8.8
7.2
14.0
9.4
9.1
7.7
14.8
10.0
9.6
8.1
15.7
10.9
10.3
8.9
10.9
9.8
11.0
105
10.9
10.6
11.0
10.9
112
11.5
11.3
11.1
11.4
11.1
11.4
11.1
11.9
11.6
12.7
12.6
142
13.3
13.9
102
14.6
112
15.3
12.1
15.9
12.7
16.3
12.9
16.7
11.9
17.9
11.5
17.9
12.1
17.5
12.1
17.4
132
17.7
12.1
8.1
8.1
11.6
8.3
82
115
8.4
8.2
11.3
10.4
9.6
12.5
10.0
9.5
125
8.3
8.4
82
7.5
7.1
7.2
7.2
9.3
65
2.5
8.8
6.3
25
7.8
5.7
2.3
6.9
52
2.0
6.4
4.9
1.9
6.9
4.9
2.2
7.0
5.1
2.0
4.4
5.8
6.4
75
7.1
72
8.0
5.7
5.2
42
3.6
3.4
3.3
3.6
10.0
4.7
10.6
12.7
14.8
13.5
9.7
4.7
9.9
12.3
14.0
13.8
9.0
4.5
8.9
11.2
13.3
13.3
7.9
42
7.8
10.6
12.7
135
7.4
4.0
7.4
9.9
12.3
12.9
7.8
3.9
7.6
9.9
12.6
13.0
15.0
102
10.0
8.1
14.1
102
9.9
7.9
13.3
9.8
9.6
75
• 12.7
9.5
9.1
8.0
12.3
8.6
8.4
6.8
12.8
12.6
13.2
12.0
12.6
10.9
11.7
10.0
2l"3
12.8
19.7
12.8
165
11.8
13.6
10.9
8.7
8.2
11.1
Table 7.5.—Price Indexes for Personal Consumption Expenditures by Type of Product, Fixed 1987 Weights—Continued
[Index numbers, 1987=100]
Line
1
Personal consumption expenditures .
1944
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
20.0
205
21.3
23.4
245
25 5
26.7
272
27.6
275
40.6
392
412
465
495
515
515
535
535
532
522
50.3
51.3
Motor vehicles and parts
New autos (70}
Net purchases of used autos (71}
Other motor vehicles (72)
Tires, tubes, accessories, and other parts (73)
25.1
26.6
5.7
27.6
36.0
20.6
20.8
62
21.5
36.3
242
24.5
132
25.4
37.6
27.2
27.8
16.3
282
40.1
30.6
32.6
18.3
30.7
40.8
32.7
35.8
15.0
33.6
40.5
33.0
35.9
145
34.1
42.3
34.9
37.5
15.7
35.5
48.1
37.1
40.9
122
38.8
47.8
37.0
41.3
8.4
39.1
472
36.9
41.9
35
39.5
462
35.0
38.0
14.7
36.0
46.3
36.6
40.0
16.0
37.7
46.8
38.6
42.3
17.7
40.0
472
Furniture and household equipment
Furniture, including mattresses and bedsprings
(29).
Kitchen and other household appliances (30)
China, glassware, tableware, and utensils (31)
Video and audio products, computing equipment,
and musical instruments (91).
Other durable house furnishings (32)
65.0
26.8
67.4
30.2
67.7
30.3
77.8
31.5
82.1
33.4
83.9
32.4
84.1
32.9
872
36.8
83.1
36.8
81.8
365
79.3
36.9
76.9
36.7
77.3
372
79.4
38.1
56.7
172
1512
59.9
17.9
1512
59.8
17.8
152.8
65.7
182
188.5
18.5
200.7
67.3
19.2
211.8
66.5
19.9
210.5
71.3
21.8
208.5
712
22.3
191.6
70.7
22.9
185.5
69.6
23.2
175.6
67.3
23.7
166.6
642
25.7
167.1
63.4
27.1
1732
33.8
36.4
36.5
37.9
38.5
37.9
39.5
44.3
43.1
43.5
432
33.3
23.0
342
23.3
34.3
23.8
37.0
24.7
37.3
25.7
37.4
36.4
26.8
39.1
28.1
39.3
28.4
39.4
28.0
38.7
27.7
352
36.3
37.6
412
45.0
45.1
45.0
11.4
11.9
44.5
12.3
47.4
13.3
46.0
14.5
45.7
15.5
44.3
15.7
47.4
16.1
47.1
17.1
47.6
17.9
46.0
18.1
20.6
21.6
23.3
26.0
275
26.7
26.7
28.8
29.0
29.1
Food
Food purchased for off-premise consumption (3)..
Purchased meals and beverages (4)
Food furnished to employees (including military)
and food produced and consumed on farms
(5+6).
17.1
19.3
12.6
132
17.6
19.9
13.0
13.6
19.6
21.9
15.1
15.3
22.3
24.9
17.0
18.5
23.4
26.1
17.9
20.0
22.6
25.3
17.3
18.9
22.8
25.4
175
19.2
24.9
27.9
18.7
21.4
25.5
28.7
19.0
21.7
25.1
282
19.0
21.1
25.3
28.3
19.4
20.7
Addenda: Food excluding alcoholic beverages (8)
Alcoholic beverages purchased for offpremise consumption (9).
Other alcoholic beverages (10)
17.1
35.3
17.6
36.0
19.7
37.3
232
37.1
24.7
36.6
23.7
36.1
24.0
352
26.7
36.5
272
39.3
26.7
38.7
26.7
39.5
262
39.3
21.8
21.5
23.1
225
Clothing and shoes
Shoes (12)
Women's and children's clothing and accessories
except shoes (14).
Men's and boys' clothing and accessories except
shoes (15+16).
32.9
19.9
38.1
36.0
21.0
42.4
38.7
23.1
44.6
41.4
26.9
46.9
43.9
29.0
50.0
41.9
28.6
472
41.4
29.0
46.3
445
32.7
49.6
44.0
32.0
48.5
44.0
31.8
48.5
44.0
326
485
29.3
31.3
35.2
38.1
39.6
38.3
38.3
41.6
415
Durable goods
Other
Ophthalmic products and orthopedic appliances
Wheel goods, sports and photographic equipment,
boats, and pleasure aircraft (90).
Jewelry and watches (18)
Books and maps (87)
Nondurable goods
20.5
26.6
42.6
205
295
45.5
46.9
38.0
28.1
38.5
28.5
39.0
29.7
44.3
45.3
44.7
18.4
45.0
18.7
44.3
20.0
29.0
29.4
302
25.0
27.8
19.5
20.2
25.3
28.0
19.8
20.1
26.1
28.9
20.5
20.7
26.4
39.7
272
40.6
43.8
33.0
482
44.5
34.7
48.6
45.1
35.7
49.0
44.3
23.1
23.9
40.9
41.6
42.4
26.6
27.1
27.4
28.3
29.5
162
16.3
16.5
17.0
17.9
28.4
17.7
29.5
35.8
23.6
28.6
18.6
29.6
352
23.7
28.6
18.7
29.5
34.3
24.6
28.9
18.9
29.7
34.1
24.7
29.4
19.2
30.7
34.3
25.0
30.3
19.9
31.6
34.5
26.0
31.8
46.4
25.9
32.2
46.3
26.4
32.4
46.5
26.6
32.7
45.8
26.3
33.1
462
27.7
33.8
48.0
29.4
34.9
48.6
30.5
15.7
345
16.6
38.9
17.3
35.8
17.6
33.4
17.9
36.5
18.1
32.3
19.4
33.4
Gasoline and oil (75)..
18.7
18.6
21.3
23.9
245
25.0
255
Fuel oil and coal (40).
10.3
10.3
10.9
12.3
14.4
14.5
14.9
15.5
15.7
Other.
Tobacco products (7)
Toilet articles and preparations (21)
Semidurable house furnishings (33)
Cleaning and polishing preparations, and
miscellaneous household supplies and paper
products (34).
Drug preparations and sundries (45)
Nondurable toys and sport supplies (89)
Stationery and writing supplies (35)
Net foreign remittances (109 less 111)
Magazines, newspapers, and sheet music (88) ...
Rowers, seeds, and potted plants (93)
212
13.1
22.3
27.6
16.0
21.9
13.7
22.7
29.8
16.3
22.7
14.1
23.7
31.7
17.9
26.1
15.2
28.5
39.8
23.9
27.7
15.8
29.3
41.1
25.2
26.8
16.1
28.3
35.6
22.7
26.7
16.4
27.4
36.0
22.1
28.6
16.9
30.5
39.2
24.7
25.3
36.0
18.4
25.5
38.6
18.0
26.0
38.6
18.1
28.1
39.8
20.3
29.8
432
222
30.3
43.6
22.0
30.7
43.4
23.1
11.3
27.6
11.6
282
12.1
29.1
""iib
33.4
142
38.9
15.2
35.3
15.4
33.7
14.6
Services'
285
14.9
155
162
172
17.7
182
185
20.6
212
21.7
222
22.8
Housing .
Owner-occupied nonfarm dwellings—space rent
(24).
Tenant-occupied nonfarm dwellings—rent (25) ...
Rental value of farm dwellings (26)
Other (27)
.„„......'
18.3
18.7
18.4
18.8
18.6
18.9
192
195
20.5
20.8
21.3
21.7
22.1
22.5
23.0
23.4
23.9
24.4
25.2
25.7
26.1
26.6
26.4
26.9
265
27.4
27.4
27.9
18.4
15,1
124
18.5
17.0
12.5
185
20.9
12.8
192
22.3
13.5
20.5
22.4
14.3
21.4
202
14.9
22.1
20.3
15.4
23.0
21.6
16.4
24.0
22.7
17.1
25.2
22.5
17.9
26.1
21.3
18.5
26.5
21.3
19.0
27.0
21.1
19.5
27.5
21.5
20.3
Household operation
Electricity (37)
Gas (38)
Water and other sanitary services (39)
Telephone and telegraph (41)
Domestic service (42)
Other (43)
.„...;
I I 1 . I I Z I I
24.7
25.6
13.1
8.9
40.0
12.5
20.7
25.0
25.4
129
9.1
40.7
14.3
21.3
23.5
24.4
12.7
9.3
40.7
15.4
12.6
23.8
24.1
12.8
9.7
41.3
15.9
14.1
245
24.4
132
10.0
43.4
16.3
15.0
25.3
24.6
13.8
26.8
24.8
13.8
11.1
49.7
17.2
16.9
27.6
25.1
14.1
12.1
51.6
18.4
17.9
28.4
25.4
14.5
12.8
53.4
192
18.4
28.5
25.5
14.8
13.5
52.6
19.5
19.1
285
25.8
15.4
145
52.0
19.5
19.5
29.1
25.9
15.6
15.2
52.6
20.0
19.9
29.6
45.3
16.3
15.5
26.2
24.6
13.9
10.7
48.7
16.3
15.8
Transportation .
15.0
13.4
13.0
14.7
13.3
13.1
14.8
13.7
13.5
16.1
15.0
14.7
17.6
162
15.5
18.2
165
15.9
18.7
17.6
162
19.4
18.3
17.4
20.3
19.4
17.9
21.5
21.1
18.8
22.1
21.9
195
21.9
21.6
19.9
21.8
21.5
20.7
22.4
22.1
21.4
14.7
8.3
7.6
9.5
22.4
13.7
112
24.1
17.7
142
8.7
7.6
10.7
21.1
13.7
11.3
22.4
17.7
14.5
92
7.8
11.7
19.9
14.3
11.1
21.0
17.7
16.4
10.0
82
132
21.5
15.8
11.4
22.9
17.7
18.9
10.5
9.1
12.9
24.4
17.7
115
262
18.7
20.5
11.9
10.3
14.8
24.7
185
12.3
26.6
18.0
22.7
13.1
11.2
162
24.4
19.0
12.5
26.2
17.8
215
14.1
12.5
16.9
24.6
19.3
129
26.4
17.8
25.0
145
13.4
17.0
24.9
192
13.5
26.7
17.8
29.6
15.4
14.4
17.3
24.9
19.3
13.7
26.7
17.4
31.0
16.2
15.6
17.3
24.5
18.9
13.4
26.3
17.6
28.1
172
162
18.9
24.2
18.6
13.2
25.9
17.4
24.7
17.8
168
19.6
24.2
192
13.7
25.9
17.6
24.8
18.5
17.5
20.3
24.3
20.4
14.8
25.9
17.6
11.9
11.1
6.6
20.1
9.5
9.8
12.4
11.3
72
22.4
10.4
10.3
13.1
11.8
8.3
24.0
11.5
10.8
14.1
12.5
10.0
22.8
12.1
11.3
14.8
13.0
10.8
22.1
12.1
11.3
152
13.1
11.0
18.8
12.3
11.4
15.4
132
11.5
17.4
12.7
11.7
15.8
13.5
12.5
14.4
13.4
12.3
16.3
14.2
13.1
16.1
14.1
13.0
17.3
14.9
13.6
18.6
14.6
135
18.0
15.6
13.9
20.3
15.0
14.1
18.4
16.3
14.3
19.2
15.4
14.7
19.0
17.0
14.7
17.4
16.1
15.4
19.4
17.6
15.4
18.3
Repair, greasing, washing, parking, storage,
rental, and leasing (74).
Other user-operated transportation (76+77) ...
Purchased local transportation
Mass transit systems (79)
Taxicab (80)
.....'
Purchased intercity transportation
Railway (82) . . . 1
bus (83)...:
;;;;;
Airline (84)
Other (85)
]
Medical c
Physicians (47)'
Dentists (48)
Other professional services (49) ....
Hospitals and nursing homes (50) .
Health insurance (56)
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
10.1
26.0
15.9
16.4
53.6
20.8
20.4
Table 7.5.—Price Indexes for Personal Consumption Expenditures by Type of Product, Fixed 1987 Weights—Continued
[Index numbers, 1987-100]
Line
1944
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
Services-Continued.
Other1
Personal care
Cleaning, storage, and repair of clothing and
shoes (17).
Barbershops, beauty parlors, and health clubs
75
76
77
11.5
12.9
13.7
12.2
13.4
13.9
132
14.3
14.6
Addenda:
Price indexes for personal consumption
expenditures:
Chain-type annual weights
Benchmark-years weights
16.1
16.5
17.8
17.0
17.8
19.1
17.4
18.4
19.4
18.3
18.9
19.9
18.9
192
20.1
19.7
19.7
20.4
20.8
20.5
21.2
21.4
21.4
22.0
22.0
21.9
22.5
12.3
12.9
14.0
14,8
15.3
15.5
15.7
16.6
17.4
17.8
18.2
18.9
19.7
20.7
21.3
13.5
7.1
3.6
14.1
7.5
4.1
14.5
8.4
5.1
16.3
9.0
4.7
17.7
9.7
5.7
17.1
102
5.9
17.4
10.6
6.4
19.6
11.3
7.1
19.9
11.7
7.4
20.6
12.8
7.7
20.9
13.5
9.9
21.3
14.4
12.0
21.9
15.6
13.5
22.3
16.2
13.7
22.5
16.6
15.8
82
10.5
10.3
11.6
13.7
15.3
16.4
15.6
15.8
16.4
17.0
18.0
18.7
21.1
22.9
24.3
92
11.1
115
12.7
14.0
142
13.9
83
52
5.5
6.4
6.9
7.3
7.7
8.3
8.8
84
85
86
87
88
89
10.6
5.6
12.3
12.4
16.7
16.4
10.9
6.3
13.1
12.8
17.4
17.0
11.7
5.9
172
14.3
18.8
17.5
122
6.6
17.8
162
20.8
18.3
13.1
7.0
17.9
17.5
21.9
18.3
13.7
7.4
18.0
17.4
22.2
18.5
14.4
7.8
18.1
17.9
22.6
185
15.4
8.3
18.4
195
23.7
18.9
15.9
92
18.5
19.7
24.7
19.3
16.7
9.9
18.9
20.0
25.8
19.8
17.1
105
185
20.3
26.5
20.4
175
11.2
19.3
20.6
27,1
21.3
18.3
122
19.8
212
28.0
21.7
19.0
13.0
20.2
21.9
28.8
22.1
19.7
13.4
20.4
22.4
29.6
22.7
90
91
92
93
16.7
11.6
11.0
9.7
17.5
12.0
11.6
102
19.0
12.9
12.4
11.0
21.1
14.1
13.1
12.4
22.4
15.1
13.8
13.9
22.6
15.3
14.0
142
23.1
15.6
14.3
14.7
24.3
16.5
15.0
15.8
25.4
16.7
15.1
16.3
26.5
17.0
15.2
16.9
27.2
17.3
15.6
17.3
27.8
17.7
15.9
17.8
28.8
18.6
16.5
18.7
29.6
19.3
16.9
195
30.5
19.8
17.1
20 2
94
95
96
97
98
15.0
13.7
14.8
142
15.9
15.6
17.8
18.3
19.1
19.6
195
19.7
19.6
20.5
20.8
22.3
205
22.1
21.1
22.5
212
23.0
21.4
235
232
24.4
245
25.4
25.6
25.9
18.7
12.4
23.3
13.3
24.4
16.0
23.8
18.4
25.5
19.7
26.1
19.7
25.9
20.0
25.3
215
25.0
22.0
26.7
22.3
27.7
22.4
27,5
22.5
282
22.9
28.3
23.7
28.5
24.4
99
100
1. See footnotes 30 and 31 to table 2.4.
NOTE.—The figures in parentheses are the line numbers of the corresponding items in table 2.4. Percent changes
from preceding period for selected items in this table are shown in table 8.1.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
15.7
16.3
175
78
(61).
Bank service charges, trust services, and safe
deposit box rental (62).
Services furnished without payment by financial
intermediaries except life insurance carriers
and private noninsured pension plans (63).
Expense of handling life insurance (64)
Legal services (65)
Funeral and burial expenses (66)
Other (67)
Recreation
Admissions to specified spectator amusements
(94).
Other(92+98+99+100+101)
Education and research
Higher education (103)
Nursery, elementary, and secondary schools
(104).
Other (105)
Religious and welfare activities (106)
Net foreign travel1
Foreign travel by U.S. residents (108)
Less: Expenditures in the United States by
nonreadents (110).
15.3
162
16.9
79
80
81
(22).
Other (19)
Personal business
Brokerage charges and investment counseling
14.3
15.4
16.1
•""»
Table 7.9.—Price Indexes for Exports and Imports of Goods and Services and for Receipts and Payments of Factor Income,
Fixed 1987 Weights: Annual, 192&-58, and Quarterly, 1947-58
[Index numbers, 1987-100; quarters seasonally adjusted]
Une
Exports of goods and services
Merchandise1
Durable
Nondurable
Services1
.
1929
1930
1931
1932
1934
1933
1935
1937
1936
1938
1939
1940
1941
1942
1943
:::
1
2
3
4
5
145
55
12
1T3
10.3
11*4
11.8
12.3
125
127
12.8
14.4
17.3
20.9
19.5
Receipts of factor income2
6
12.9
12.4
1U
10.0
9.8
10.7
11.0
10.9
114
11.1
11.0
112
11.8
12.4
125
Imports of goods and services
7
Merchandise1
Durable
Nondurable
Services'
.....
"i
8
9
10
11
18.7
177
15.5
13.0
11.1
12.3
12.6
13.2
14.6
14.8
T&9
175
17.6
19.8
22.4
Payments of factor income3
12
12A
11 &
10.8
95
9.4
102
105
10.4
10.9
10.6
105
10.7
112
11.8
12.0
Addenda:
Price indexes for exports of goods and services:
Chain-type annual weights
Benchmark-years weights
Price indexes for imports of goods and services:
Chain-type annual weights
Benchmark-years weights
13
14
15
16
Line
Exports of goods and services
Merchandise1
Durable
Nondurable
Services'
1944
1945
1946
1947
1949
1948
1950
1951
1952
1953
1954
1955
1957
1956
1958
1
2
3
4
5
25.7
20.3
20.8
ZL\
22.8
232
23.7
247
25.9
26.7
26.8
27.0
27.6
28.9
29.1
Receipts of factor Income2
6
12.6
13.3
16.9
18.9
20.2
19.9
20.3
21.3
215
21.9
22.1
22.8
23.6
24.3
24.8
toports of goods and services
7
8
9
10
11
207
207
22.5
24.6
252
252
252
219
26.6
26.0
25.8
26.1
26.9
27.3
27.4
Payments of factor income3
12
112
12,9
16.1
18.0
19.3
19.1
195
205
20.7
212
21.4
22.1
22.8
23.6
24.0
Addenda:
Price indexes for exports of goods and services:
Chain-type annual weights
Benchmark-years weights
Price indexes for imports of goods and services:
Chain-type annual weights
Benchmark-years weights
'
13
14
1
II
III
IV
Merchandise'
Durable
Nondurable
Services'
15
16
1949
1948
1947
Line
1
Exports of goods and services
Merchandise1
Durable
Nondurable ...
Services'
ll
Ill
IV
1
ll!
II
IV
1950
1
II
III
IV
1
.............
2
3
4
5
222
21.9
22.0
222
222
227
23.1
23.3
23.0
23.0
232
235
23.5
23.8
23.9
237
Receipts of factor Income2
6
18.4
187
18:9
195
19.7
20.1
20.5
20.4
20.1
19.9
19.9
19.9
20.0
20.0
205
20.7
knports of goods and services
7
8
9
10
11
24.4
24.4
245
25.1
25.0
25.3
25.5
25.0
25.3
25.3
25.1
24.9
25.1
25.1
25.1
25.3
12
17.7
17.9
18.0
18.6
18.8
192
19.6
19.6
195
19.0
19.1
19.1
192
192
197
19J9
Merchandise1 .
Durable
Nondurable
Services1 .....
Payments of factor Income 3 ..
Addenda:
Price indexes for exports of goods and services:
Cnam-type annual weights
Benchmark-years weights
Pnce indexes for imports of goods and services:
Chain-type annual weights
Benchmark-years weights ... .
See footnote(s) at end of table.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
13
14
15
16
I'-
I'-
Table 7.9.—Price Indexes for Exports and Imports of Goods and Services and for Receipts and Payments of Factor Income,
Fixed 1987 Weights: Annual, 1929-58, and Quarterly, 1947-58—Continued
[Index numbers, 1987-100; quarters seasonally adjusted]
Line
1
III
II
Ill
IV
1
II
Ill
25.3
25.3
25.7
26.1
26.6
26.3
26.6
26.9
27.0
26.9
265
26.7
26.6
21.1
21.3
21.3
2U
215
215
21.8
21.9
210
21.9
22.0
22.1
22.1
222
25.7
26.0
26.5
262
26.4
265
27ib
25.7
25.9
26.1
26.1
25.9
25.8
25.8
25.9
20.3
20.3
205
205
20.5
20.8
21.1
21.1
212
212
212
21.3
21.3
21.3
215
1
II
1
II
I
II
2
3
4
5
242
24.4
24.8
Receipts of factor Income2
6
215
212
Imports of goods and services
7
8
9
10
11
25.5
12
20.7
1
II
IV
1
Exports of goods and services
..........
. ....
. .....
Payments ol factor income3
Addenda:
Price indexes for exports ot goods and services:
Chain-type annual weights
Benchmark-years weights
Price indexes for imports of goods and services:
Chain-type annual weights
Benchmark-years weights
...........
;;;;;;;
. .. .
13
14
15
16
1955
1958
1957
1956
Line
Ill
IV
III
Merchandise1
2
3
4
5
27.1
27.0
Receipts of factor Income2
6
225
225
Imports of goods and services
7
8
9
10
11
25.8
12
21.7
-
Merchandise'
Durable
Nondurable
Services'
Payments of factor Income1
Addenda:
Price indexes for exports of goods and services:
Chain-type annual weights
Benchmark-years weights
Price indexes for imports of goods and services:
Chain-type annual weights
Benchmark-years weights
III
IV
III
IV
.............
211
27.3
275
27.7
275
28.6
28.7
28.7
29.7
29.3
292
29.1
28.9
23.0
23.1
23.3
235
23.6
235
242
24.3
244
24.4
24.7
245
24.8
25.0
26.0
262
26.3
26.9
26.9
265
265
277
27.6
275
265
26.7
272
27.7
28.0
2Z0
222
22.4
22.6
22.8
224
232
235
235
23.7
23.6
235
23.7
24.1
24.3
13
14
15
16
1. Exports and imports of certain goods, primarity military equipment purchased and sold by the Federal Government are included in services.
2. Consists largely of receipts by U.S. residents of interest and dividends and reinvested earnings of foreign affiliales of U.S. corporations.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
IV
:::
1
Exports of goods and services
Nondurabie
Services'
IV
II
II
Merchandise'
Durable
Nondurable
Services1
IV
I
Ill
1
Merchandise'
Durable
Nondurable
Services'
1954
1953
1952
1951
3. Consists largely of payments to foreign residents of interest and dividends and reinvested earnings of U.S.
affiliates of foreign corporations.
NOTE.— Percent changes from preceding period for selected items in this table are shown in table 8.1.
Table 7.13.—Implicit Price Deflators for the Relation of Gross Domestic Product, Gross National Product, Net National Product,
and National Income: Annual, 1929-58, and Quarterly, 1947-58
[Index numbers, 1987-100; quarters seasonally adjusted)
line
1929
1930
1931
1932
1933
1934
1937
1936
1935
1941
1939
1938
1943
125
105
112
105
10.8
11.0
11.7
125
11.1
11.0
112
11.8
12.4
12.5
9.4
9.4
9.8
10.0
10.6
Gross domestic product
125
12.1
11.0
9.7
10.3
105
Plus: Receipts of factor income from the rest of the
world1.
Less: Payments of factor income to the rest of the
world (
12.9
12.4
11.3
10.0
10.7
11.0
10.9
11.4
11.0
95
8.4
8.7
9.0
9.6
10.0
Equals: Gross national product
12.6
12.1
11.0
9.7
95
105
10.6
10.6
112
105
10.8
11.0
11.7
125
125
Less: Consumption of fixed capital
102
9.8
9.1
8.0
7.8
8.2
8.3
8.5
9.4
95
9.5
9.8
105
11.5
12.0
Equals: Met national product
125
12,4
115
10.0
95
10.7
11.0
10.9
11.4
11.1
115
112
11.8
12.4
125
Less: Indirect business tax and nontax liability plus
business transfer payments less subsidies plus
current surplus of government enterprises.
Statistical discrepancy
16.5
18.0
17.9
19.8
19.4
195
18.4
18.4
18.1
18.4
17.4
17.4
18.8
21.4
24.4
13.6
132
12.0
10.6
10.4
11.4
11.8
11.7
12.3
12.0
11.9
12.2
13.1
142
152
Equals: National income
125
12.0
10.8
92
9.9
10.4
105
105
10.5
105
10.7
115
125
12.1
Addenda:
Net domestic product (1-5)
Domestic income (10-2+3)
12.9
12.6
12.4
12.0
11.3
10.8
10.0
92
10.7
9.9
11.0
10.4
10.9
10.3
11.4
10.9
11.1
105
11.0
10.5
112
10.7
11.8
11.3
12.4
12.0
12.5
12.1
Line
1944
1946
1945
1947
1948
1949
1952
1951
1950
1954
1953
1957
1956
1955
1958
222
22.9
23.6
24.4
244
Gross domestic product
1
12.6
135
16.7
18.7
204
195
202
215
215
224
Plus: Receipts of factor income from the rest of the
world1.
Less: Payments of factor income to the rest of the
world I
2
12.6
13.3
16.8
18.9
202
19.9
20.3
212
21.5
21.9
22.1
22.8
23.5
24.3
24.7
3
11.1
12.0
14.0
15.9
17.3
17.5
18.1
19.1
19.4
20.0
20.1
20.9
21.7
22.5
22.7
Equals: Gross national product
4
12.6
135
16.7
18.7
204
195
202
21.3
215
224
222
225
23.6
24.4
245
17.1
18.8
192
19.8
21.6
22.2
22.6
22.8
232
24.7
25.7
26.0
Less: Consumption of fixed capital
5
12.5
12.9
14.4
Equals: Net national product
6
125
135
165
18.9
20.1
195
205
215
215
215
22.1
225
23.5
24.3
245
Less: Indirect business tax and nontax liability plus
business transfer payments less subsidies plus
current surplus of government enterprises.
Statistical discrepancy
7
25.9
25.9
22.9
24.7
255
26.0
25.7
26.0
27.6
28.4
27.6
28.0
28.7
29.4
29.7
8
15.3
15.9
18.4
20.4
22.0
21.7
22.1
23.6
23.8
242
24.3
24.9
25.7
26.5
26.9
Equals: National Income
9
12.1
125
16.4
18.4
195
195
19.9
20.9
214
21.4
21.7
22.4
23.1
235
245
Addenda:
Net domestic product (1-5)
Domestic income (10-2+3)
10
11
12.6
12.1
13.3
12.8
16.8
16.4
18.9
18.4
20.1
19.8
19.9
195
20.3
19.9
212
20.9
21.5
21.0
21.9
21.4
22.1
21.6
22.8
22.4
235
23.1
24.3
23.9
24.8
24.3
1950
1949
1947
Line
IV
I
IV
Gross domestic product
18.3
18.5
18.7
19.3
19.6
195
205
205
20.0
19.8
19.8
19.8
195
195
20.4
20.7
Plus: Receipts
of factor income from the rest of the
world1.
Less: Payments
of factor income to the rest of the
world2.
185
18.6
18.9
19.4
19.7
20.1
20.5
20.3
20.1
19.9
19.9
19.9
19.9
20.0
20.5
20.7
162
15.7
15.3
16.1
16.4
17.0
17.9
17.6
17.8
17.4
175
17.5
17.7
17.8
18.3
18.5
Equals: Gross national product
18.3
185
18.7
195
19.6
195
20.4
20.3
20.0
19.8
195
195
195
195
20.4
20.7
18.0
18.4
192
19.4
19.2
19.4
192
19.1
19.1
19.4
20.0
205
Less: Consumption of fixed capital
16.5
16.9
172
17.6
Equals: Net national product
185
18.6
18.9
195
19.7
20.1
205
20.3
20.1
195
195
195
195
20.0
205
20.7
24.9
25.9
25.6
25.5
25.8
262
26.1
25.7
25.6
25.7
262
25.3
Less: Indirect business tax and nontax liability plus
business transfer payments less subsidies plus
current surplus of government enterprises.
24.4
24.0
24.8
25.4
19.9
20.0
20.4
21.1
21.4
21.8
22.3
222
21.9
21.7
21.7
21.6
21.6
21.7
222
22.7
19.0
195
19.7
20.1
205
19.7
19.4
19.4
19.4
195
19.6
20.0
205
19.4
19.0
19.7
19.3
20.1
19.7
205
20.1
20.3
20.0
20.1
19.7
19.9
19.4
19.9
19.4
19.9
19.4
19.9
195
20.0
19.5
205
20.0
20.7
20.3
Equals: National income
185
182
18.4
Addenda:
Net domestic product (1-5).
Domestic income (10-2+3) ..
18.5
18.0
18.6
18.2
18.9
18.4
Gross domestic product
21.4
21.3
I
II
21.2
21.3
215
215
21.6
215
215
21.1
21.2
21.3
212
215
21.8
21.8
1
22.0
22.0
214
22.1
22.1
22.1
225
21.9
22.0
21.9
22.0
22.0
22.1
22.3
20.1
20.1
20.1
20.1
20.0
202
220
224
22.0
22.1
22.1
22.1
225
22.6
22.8
22.6
22.7
22.7
22.8
22.9
215
224
215
224
22.1
22.1
225
28.4
28.4
28.1
27.6
27.3
27.4
21.4
192
19.1
19.0
19.1
19.0
19.2
19.4
19.8
19.8
19.9
Equals: Gross national product
21.4
21.3
212
215
21.4
215
215
215
215
22.4
22.4
Less: Consumption offixedcapital
Equals: Net national product
Less: Indirect business tax and nontax liability plus
business transfer payments less subsidies plus
current surplus of government enterprises.
Statistical discrepancy
21.3
21.6
21.7
22.0
22.1
22.3
222
21.4
212
21.1
215
215
212
215
21.8
215
27.8
27.9
28.1
26.4
25.6
25.9
26.1
27.1
27.5
23.5
23.6
235
23.6
23.7
23.6
23.9
24.1
24.1
24.2
24.3
24.1
24.3
24.3
242
24.5
205
215
215
215
21.4
215
21.3
215
215
21.6
215
212
21.5
21.0
21.8
215
21.8
21.9
21.4
22.0
21.5
21.9
21.3
22.0
21.5
22.0
21.6
22.1
21.6
22.3
21.9
Equals: National Income
21.0
20.9
205
20.9
205
Addenda:
Net domestic product (1-5)
Domestic income (10-2+3)
21.4
21.0
212
20.9
21.1
20.7
21.3
20.9
21.3
20.8
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
IV
IV
Plus: Receipts
of factor income from the rest of the
world1.
Less: Payments of factor income to the rest of the
wodd*.
212
1954
1953
1952
1951
Une
20.8
21.3
Table 7.13.—Implicit Price Deflators for the Relation of Gross Domestic Product, Gross National Product, Net National Product,
and National Income: Annual, 1929-58, and Quarterly, 1947-58—Continued
[Index numbers, 1987-100; quarters seasonally adjusted]
245
24.7
24.7
24.9
24.4
24.4
24.6
24.6
24.8
25.0
22.6
22.6
22.7
22.5
22.8
23.0
245
245
24.7
24.7
245
25.1
25.8
25.9
25.7
25.9
26.1
262
24.4
24.4
245
24.6
245
25.0
29.5
29.6
29.6
29.9
29.7
29.4
29.6
26.3
26.5
26.6
26.6
26.8
26.8
27.0
27,1
23.7
23.8
24.0
24.0
24.1
242
24.4
24.6
24.2
23.8
24.4
24.0
24.4
24.0
24.6
24.1
24.6
24.1
25.0
24.6
II
III
235
24 2
24.3
24.5
23.6
23.8
24.1
242
21.6
21.9
22.0
22.3
22.4
23.4
235
23.7
23.9
24.2
24.3
242
24.5
24.9
25.1
25.5
25.6
23.1
235
23.4
235
23.8
24.1
242
28.4
28.0
282
28.5
28.8
29.3
29.0
24.8
25.0
25.2
25.4
25.6
255
26.0
22.3
22.5
22.7
229
23.0
232
23.4
23.8
23.4
24.1
23.7
II
111
23.1
23.4
235
23.7
23.0
23.1
23.3
23.4
21.0
21.2
21.4
22.8
23.0
232
23.0
23.3
23.6
22.5
22.8
23.0
7
27.6
27.9
8
24.6
9
22.1
II
111
Gross domestic product
1
22.5
22.8
23.0
Plus: Receipts of factor income from the rest of the
world
Less: Payments of factor income to the rest of the
world \
2
22.5
22.8
3
20.4
20.8
Equals: Gross national product
4
22.5
Less: Consumption of fixed capital
5
22.9
Equals: Net national product
6
Less: Indirect business tax and nontax liability plus
business transfer payments less subsidies plus
current surplus of government enterprises.
Statistical discrepancy
Equals: National income
22.5
22.1
II
I
IV
1
I
10
11
1958
1
CO
CMtM
Line
Addenda:
Net domestic product (1-5)
Domestic income (10-2+3)
1957
1956
1955
IV
23.0
22.5
22.8
22.3
23.1
22.7
23.3
22.9
23.4
23.0
1. Consists largely of receipts by U.S. residents of interest and dividends and reinvested earnings of foreign affiliates of U.S. corporations.
23.6
232
IV
111
IV
25.1
2. Consists largely of payments to foreign residents of interest and dividends and reinvested earnings of U.S.
affiliates of foreign corporations.
Table 7.14.—Implicit Price Deflators for Gross Domestic Product by Sector: Annual, 1929-58, and Quarterly, 1947-58
[Index numbers, 1987=100; quarters seasonally adjusted]
Line
Gross domestic product
Business
Nonfarm
Nonfarm less housing
Housing
Farm
Statistical discrepancy
Households and Institutions
Private households
Nonprofit institutions
1929
1930
1931
1932
1934
1933
1936
1935
1937
1938
1942
1941
1940
1939
1943
1
125
12.1
11.0
9.7
95
10.3
105
10.6
112
105
10.8
11.0
11.7
12.3
125
2
13.6
132
12.0
10.6
104
11.4
11.8
11.7
125
125
11.9
122
13.1
142
152
3
4
5
6
7
13.0
12.3
24.1
21.8
13.6
12.8
12.1
23.5
17.8
132
11.9
11.1
222
13.1
12.0
10.7
9.9
19.9
9.4
10.6
10.5
9.8
17.8
9.7
10.4
11.4
11.0
16.1
12.0
11.4
11.4
11.0
16.0
16.6
11.8
11.4
11.1
16.4
16.0
11.7
11.9
11.5
172
18.6
12.3
11.8
11.4
17.7
14.7
12.0
11.8
11.4
17.7
13.2
11.9
12.0
11.7
17.8
14.5
12.2
125
12.5
18.1
18.5
13.1
13.6
13.4
18.5
25.3
142
14.4
142
18.5
30.6
152
8
7.4
75
6.4
5.7
55
5.4
5.4
5.6
6.0
55
65
5.9
6.1
65
8.0
9
10
8.4
62
7.8
6.2
65
6.1
5.7
5.8
5.3
5.4
5.4
5.3
5.6
5.3
5.8
5.4
6.5
55
6.1
5.6
6.3
5.7
65
5.4
6.9
5.5
8.1
5.8
10.6
6.5
General government
11
5.7
5.7
55
55
5.7
6.0
65
6.3
65
65
6.4
62
5.7
. 55
6.1
Federal
State and local
12
13
5.4
5.8
52
5.9
5.5
5.9
5.6
5.7
5.9
5.6
6.5
5.8
6.2
5.9
7.4
55
7.3
5.7
7.5
5.8
72
5.8
6.5
5.9
5.5
6.0
5.8
6.2
6.0
6.7
14
13.0
12.5
11.3
9.8
95
11.1
11.5
11.4
12.0
11.7
11.5
11.9
12.8
14.0
15.0
Addendum:
Gross domestic business product less housing
Line
Gross domestic product
1944
1945
1946
1947
1949
1948
1950
1951
1952
1953
1954
1957
1956
1955
1958
1
126
135
16.7
18.7
20.0
195
202
21.3
215
224
222
229
23.6
24.4
245
2
155
15.9
18.4
20.4
22.0
21.7
22.1
235
235
242
24.3
24.9
25.7
265
265
Nonfarm
Nonfarm less housing
Housing
Farm
Statistical discrepancy
3
4
5
6
7
14.6
14.4
18.6
32.1
15.3
15.1
14.9
18.7
35.0
15.9
17.3
172
18.8
42.0
18.4
192
19.2
19.4
495
20.4
20.7
20.7
20.7
52.4
22.0
20.8
20.8
21.6
42.3
21.7
21.2
212
22.3
42.8
22.1
22.5
225
23.3
51.6
23.6
22.9
22.8
242
49.4
23.8
235
23.4
25.5
425
242
23.7
23.5
26.4
40.4
24.3
24.4
24.3
26.6
37.8
24.9
25.3
25.1
27.3
38.3
25.7
26.1
26.0
27.8
39.5
26.5
26.4
26.2
28.3
43.9
26.9
Households and institutions
8
9.1
10.1
10.6
11.1
11.0
115
115
12.1
126
13.1
135
13.7
14.0
14.6
15.1
9
10
13.1
7.0
15.1
7.4
16.2
8.0
16.7
8.6
17.1
8.7
17.1
92
17.2
9.6
18.0
10.1
19.3
10.5
202
11.0
20.5
11.4
20.5
11.7
21.0
12.0
21.8
12.6
22.4
132
Business
Private households
Nonprofit institutions
General government
11
6.6
75
10.1
105
105
11.2
11.3
115
125
12.4
129
13.7
14.4
15.1
162
Federal
State and local
12
13
6.5
72
7.5
7.6
11.0
8.3
11.8
9.1
10.8
10.3
11.8
10.7
11.4
11.1
11.3
11.9
11.7
12.7
11.9
132
12.1
13.9
132
14.4
13.9
15.0
14.5
15.8
15.9
16.5
14
15.2
15.8
18.3
20.4
22.0
21.7
22.1
23.6
23.8
24.1
24.2
24.8
25.6
26.4
26.8
1
II
Addendum:
Gross domestic business product less housing
1947
1948
1949
Une
Gross domestic product.
Business
Nonfarm
Nonfarm less housing .
Housing
Farm
Statistical discrepancy
Households and institutions .
1
II
1
185
185
18.7
2
195
20.0
3
4
5
6
7
18.6
18.5
19.0
50.6
19.9
111
IV
1
II
III
19.3
19.6
195
205
20.4
21.1
21.4
215
18.9
18.9
192
49.7
20.0
19.4
19.4
19.5
422
20,4
195
195
19.8
56.5
21.1
20.2
20.2
20.2
53.4
21.4
IV
1950
I
II
205
205
195
19.8
225
222
215
21.7
21.7
20.4
20.4
20.5
53.0
21.8
20.9
20.9
205
55.1
22,3
21.0
21.0
21.1
48.3
222
21.0
20.9
21.3
452
21.9
20.8
20.7
21.5
44.0
21.7
III
IV
III
IV
20.7
195
19.9
195
20.4
21.6
21.6
21.7
222
22.7
20.8
20.8
21.7
40.8
21.7
20.8
20.8
21.8
39.5
21.6
20.9
20.8
22.0
38.7
21.6
20.9
20.8
22.2
40.7
21.7
21.4
21.3
22.4
45.1
222
21.7
21.7
22.7
46.8
22.7
8
102
11.4
115
11.4
105
105
11.3
11.3
11.3
11.3
112
11.4
11.4
11.4
115
115
9
10
16.7
7.5
16.6
9.1
16.7
9.0
16.8
9.0
17.0
82
17.1
8.6
172
9.0
172
92
172
9.3
17.1
9.3
17.1
92
17.1
92
17.0
92
17.0
9.3
17.2
9.7
17.4
10.0
General government
11
11.0
105
10.0
10.1
105
105
10.6
105
11.1
112
112
11.4
11.3
112
11.4
11.1
Federal
State and local .
12
13
12.8
8.9
12.8
9.0
10.9
9.1
10.8
9.4
10.8
9.8
10.9
10.1
10.8
105
10.8
10.8
11.5
10.7
11.7
10.6
11.7
10.7
12.1
10.6
11.9
10.8
11.4
10.9
115
11.2
10.9
11.4
Private households
Nonprofit institutions
Addendum:
Gross domestic business product less housing .
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
14
Table 7.14.—Implicit Price Deflators for Gross Domestic Product by Sector: Annual, 1929-58, and Quarterly, 1947-58—Continued
[Index numbers, 1987=100; quarters seasonally adjusted]
1951
1952
1
II
HI
1
21.4
215
212
21.3
21.3
215
21.6
2
235
235
235
23.6
23.7
23.6
235
Nonfarm
Nonfarm less housing
Housing
Farm
.
Statistical discrepancy
3
4
5
6
7
22.5
22.4
22.9
53.6
23.5
22.5
225
232
522
23.6
22.5
225
23.4
48.8
23.5
22.6
22.5
23.6
52.0
23.6
22.8
22.7
23.8
50.1
23.7
22.7
22.6
24.0
50.3
23.6
Households and Institutions
8
1Z0
12.0
122
125
122
9
10
17.6
9.9
17.8
10.0
18.2
10.0
18.6
10.4
18.8
10.4
Gross domestic product
Business
Private households
Nonprofit institutions
General government
Federal
State and local
.
Addendum:
Gross domestic business product less housing
IV
I
II
1954
1953
Line
111
IV
1
11
III
21.8
21.9
22.0
22.0
24.1
24.1
242
245
22.9
22.8
24.3
50.1
23.9
23.3
232
24.7
47.0
24.1
23.4
23.3
25.0
43.9
24.1
23.5
23.4
25.4
42.0
24.2
23.7
23.5
25.7
42.4
24.3
125
12.8
12.8
12.8
13.0
132
135
132
135
13.3
13.4
19.1
10.4
19.4
10.5
19.7
10.7
19.9
10.8
20.1
10.9
20.3
11.1
20.4
112
20.4
11.3
20.4
11.4
20.5
115
20.5
115
IV
1
II
til
IV
21.9
22.1
22.1
22.1
225
24.1
24.3
24.3
242
245
23.5
23.3
26.0
41.8
24.1
23.6
23.4
26.2
42.2
24.3
23.7
23.5
26.4
40.5
24.3
23.6
23.4
26.5
40.3
242
24.0
23.8
26.6
38.8
24.5
11
11.7
11.4
11.4
11.6
115
115
12.1
125
125
12.4
12.3
125
12.6
125
13.0
13.1
12
13
11.7
11.6
112
11.7
11.1
12.0
11.2
122
11.4
12.4
11.6
12.5
11.7
12.8
11.8
13.0
11.8
13.1
11.9
13.2
11.8
13.2
11.9
13.4
12.0
13.6
12.2
13.9
12.1
14.1
12.3
142
I
II
111
I
II
1
II
III
1
II
14
1955
1956
1957
1958
Line
Gross domestic product
IV
III
IV
IV
111
IV
1
225
225
23.0
23.1
23.4
235
23.7
235
24 2
245
245
245
24.7
24.7
245
25.1
2
24.6
245
25.0
252
25.4
25.6
255
26.0
265
265
26.6
26.6
26.8
26.8
27.0
27.1
Nonfarm
Nonfarm less housing
Housing
Fanm
Statistical discrepancy
3
4
5
6
7
24.0
23.8
26.7
39.8
24.6
24.3
24.1
26.7
38.5
24.8
24.6
24.4
26.8
36.8
25.0
24.8
24.7
27.0
36.3
25.2
25.0
24.9
27.1
38.0
25.4
25.1
25.0
272
38.2
25.6
25.4
252
27.4
392
25.8
25.6
25.4
275
37.8
26.0
26.0
25.8
27.6
38.6
26.3
26.0
25.9
27.7
39.9
265
262
26.1
27.8
40.4
26.6
262
26.0
28.0
39.1
26.6
26.2
26.0
28.1
43.6
26.8
26.2
26.0
28.3
43.9
26.8
26.4
26.3
28.4
44.1
27.0
26.6
26.4
28.5
44.0
27.1
Households and Institutions
8
13.7
135
13.7
13.7
135
135
14.1
14.3
14.2
14.4
14.7
145
145
15.1
152
15.2
9
10
20.4
11.8
20.4
11.7
20.5
11.7
20.6
11.7
20.7
11.8
20.8
11.9
21.1
122
21.3
12.3
21.5
12.3
21.7
125
21.9
12.8
22.1
13.0
22.2
13.0
22.4
13.1
22.5
132
22.6
13.4
General government
11
135
13.8
13.8
13.9
14.1
14.4
145
14.6
145
15.0
152
15.4
15.9
16.1
16.4
164
Federal
State and local
12
13
125
14.3
13.3
14.4
13.4
14.4
13.4
14.5
13.6
145
13.9
14.9
14.1
15.1
14.0
15.3
14.2
15.5
14.4
15.8
14.5
15.9
14.7
16.1
15.4
16.3
15.8
16.5
16.2
16.5
162
16.6
Business
Private households
Nonprofit institutions
Addendum:
Gross domestic business product less housing
14
Table 7.15.—Current-Dollar Cost and Profit Per Unit of Constant-Dollar Gross Domestic Product of Nonfinanciai Corporate Business:
1948-58
[Dollars; quarters seasonally adjusted]
Line
Current-dollar cost and profit per unit of
constant-dollar gross domestic product
1
1948
1949
1950
244
238
240
1951
1952
1953
1954
1955
1958
1957
1956
257
257
257
256
262
270
279
282
Consumption of fixed capital
2
.018
.020
.019
520
.021
.021
522
521
.023
.025
.027
Net domestic product.
3
225
218
221
.237
236
236
234
241
247
254
254
Indirect business tax and nontax liability plus
business transfer payments less subsidies.
Domestic income ....
Compensation of employees
Corporate profits with inventory valuation and
capital consumption adjustments.
Profits tax liability
Profits after tax with inventory valuation arid
capital consumption adjustments.
Net interest
Seefootnoteat end of table.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
4
.023
.024
.024
.024
.025
.025
.024
.025
.026
.027
.028
5
6
7
.202
.154
.047
.194
.150
.042
.197
.148
.048
213
.160
.051
211
.165
.045
211
.168
.042
210
.167
.040
.216
.166
.048
221
.175
.044
.227
.182
.043
226
.184
.039
8
9
.021
.026
.016
.026
.026
.022
.031
.020
.025
.020
.024
.017
.021
.020
.024
.024
.023
.021
.022
.021
.019
.020
10
.002
.002
.001
.002
.002
.002
.002
.002
.002
.003
.003
Table 7.15.—Current-Dollar Cost and Profit Per Unit of Constant-Dollar Gross Domestic Product of Nonfinancial Corporate Business:
1948-58—Continued
[Dollars; quarters seasonally adjusted]
1940
Current-dollar cost and profit per unit ot
constant-dollar gross domestic product
1
111
1
II
237
242
IV
247
248
IV
III
I
11
242
238
1951
1950
1949
Line
236
1
II
235
234
235
241
IV
III
III
1
II
IV
.246
260
255
255
256
Consumption of fixed capital
2
.017
.018
.019
.019
.019
.020
.020
.020
.019
.019
.018
519
.020
520
.020
.020
Net domestic product
3
220
224
229
228
223
218
216
215
215
216
223
228
240
235
235
236
4
.022
.023
.024
.023
.023
.024
.024
.025
.024
.024
.024
.023
.025
.023
.023
.024
5
6
7
.198
.151
.046
201
.152
.048
205
.158
.046
204
.155
.048
.199
.152
.045
.194
.150
.042
.192
.147
.043
.190
.149
.039
.191
.147
.043
.193
.145
.046
.199
.147
.050
205
.151
.053
215
.161
.052
.212
.160
.050
.212
.160
.050
.212
.160
.051
9
.020
.025
.021
.027
.021
.025
.020
.028
.018
.028
.016
.026
.016
.027
.016
.023
.021
.021
.024
.022
.028
.021
.030
.022
.038
.015
.030
.020
.027
.023
.029
.022
10
.002
.002
.002
.001
.002
.002
.002
.002
.002
.001
.001
.001
.002
.002
.002
.002
1
II
I
11
I
II
1
II
256
255
.257
258
256
256
259
261
Indirect business tax and nontax liability plus
business transfer payments less subsidies.
Domestic income
Compensation of employees
Corporate profits with inventory valuation and
capital consumption adjustments.
Profits tax liability
Profits after tax with inventory valuation and
capital consumption adjustments.
Net interest
e
1952
1954
1953
1955
Une
Current-dollar cost and profit per unit of
constant-dollar gross domestic product
1
111
IV
258
260
III
IV
258
255
IV
III
255
.258
III
IV
263
265
Consumption of fixed capital
2
520
521
521
.020
.020
520
.021
.022
.022
.022
.022
.022
.021
.021
.021
.022
Net domestic product
3
235
234
236
239
237
237
237
233
234
234
233
236
238
239
242
.243
4
.024
.025
.026
.025
.025
.025
.025
.025
.025
.025
.024
.024
.024
.024
.025
.025
5
6
7
211
.162
.047
208
.163
.043
211
.166
.043
214
.167
.046
212
.165
.045
.213
.167
.044
212
.168
.042
.207
.171
.034
209
.169
.037
209
.168
.039
209
.166
.041
212
.166
.044
213
.163
.048
215
.165
.048
.217
.167
.048
.218
.168
.048
8
9
.026
.021
.024
.019
.024
.019
.025
.020
.026
.019
.026
.018
.025
.017
.020
.015
.019
.018
.020
.019
.021
.020
.022
.021
.024
.024
.024
.025
.024
.024
.025
.024
10
.002
.002
.002
.002
.002
.002
.002
.002
.002
.002
.002
.002
.002
.002
.002
.002
Indirect business tax and nontax liability plus
business transfer payments less subsidies.
Domestic income
Compensation of employees
Corporate profits with inventory valuation and
capital consumption adjustments.
Profits tax liifcility
Profits after tax with inventory valuation and
capital consumption adjustments.
Net interest
1956
1957
Line
1
Current-dollar cost and profit per unit of
constant-dollar gross domestic product
1
11
267
III
IV
269
269
1
II
275
279
1958
IV
III
I
279
.281
279
282
IV
III
II
278
.283
284
Consumption ol fixed capital
2
.023
523
.024
524
.025
525
.025
.026
.028
.028
528
527
Net domestic product
3
245
246
246
252
254
254
255
253
.255
251
255
257
4
.025
.025
.026
.026
.027
.027
.027
.027
.028
.028
.028
.028
5
6
7
219
.172
.046
221
.174
.045
220
.175
.043
225
.179
.044
228
.180
.045
227
.181
.044
228
.182
.043
225
.183
.040
.226
.188
.035
.222
.183
.036
227
.184
.040
229
.182
.044
8
9
.023
.022
.024
.021
.022
.021
.023
.021
.024
.022
.022
.021
.022
.021
.020
.020
.017
.018
.017
.018
.020
.020
.022
.022
10
.002
.002
.002
.002
.002
.002
.003
.003
.003
.003
.003
.003
Indirect business tax and nontax liability plus
business transfer payments less subsidies.
Domestic income
Compensation of employees
Corporate profits with inventory valuation and
capital consumption adjustments.
Profits tax liability
Profits alter tax with inventory valuation and
capita! consumption adjustments.
Net interest
1. Equals the deflator for gross domestic product of nonfinanciaJ corporate business with the decimal point shifted
two places to the left
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
8. Supplementary Tables
Table 8.1 .—Percent Change From Preceding Period in Selected Series: Annual, 1930-59, and Quarterly, 1947-59
[Percent; quarters seasonally adjusted at annual rates]
Une
Gross domestic product:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weiahts .
Benchmark-years weights ...
Price indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights...
Personal consumption expenditures:
Current dollars .
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ...
Price indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights.
Durable goods:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weiahts .
Benchmark-years weights ..
Price indexes:
Fixed 1987 weights ,
Chain-type annual weights .
Benchmark-years weignts ..
Nondurable goods:
Current delta
Quantity indexes:
Fixed 1987 weights .
Chain-type annual weights .
Benchmark-years weignf
Price indexes:
Rxed 1987 weights
Chain-type annual weights .
Benchmark-years weights .
Services:
Current dollars
Quantity indexes:
Fixed 1987 weights ,
Chain-type annual weights .
Benchmark-years weignts ,
Price indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weignts ..
Gross private domestic Investment:
Current dollars .
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights .
Price indexes:
Fixed 1987 weights
Chain-type annual weights ,
Benchmark-years weights .
Fixed investment:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weignts
Price indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years we'^
Nonresidential:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights.
.Benchmark-years weights ..
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Structures:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights...
Price indexes:
Fixed 1987 weights
uiain-type
weights .
Chain-type annual weights
Benchmark-years weights
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
1930
-12.4
1931
-16.2
1932
1933
1934
1935
-23.5
-4.1
-2.1
7.7
-8.9
-7.7
-13.3
17.1
1936
11.1
7.7
1937
1938
1939
-6.5
14.4
-4.0
14.2
-9.4
-13.5
-19.7
-5.8
12.0
-3.9
-6.2
-3.7
-8.9
-2.0
3.1
-2.2
-6.6
-10.7
-112
-4.5
2.2
-22.5
-23.5
-33.6
-4.9
21.8
3.1
21.4
24.6
235
-.9
-18.1
17.6
17.5
1942
1943
1944
102
25.0
26.8
21.3
9.7
75
182
20.0
19.9
8.4
13.8
122
8.8
5.7
3.0
3.7
4.7
-.8
-19.9
24.7
1941
1940
6.3
10.5
16.3
13.3
24.4
-29.0
-4.8
2.4
13.3
-30.9
-95
-5.7
5.6
16.6
5.1
11.0
-20.8
-14.8
-24.5
-.5
13.8
-12.9
-16.4
-15.3
-62
4.8
-9.7
-14.9
-21.5
-2.1
19.9
12.1
-3.6
15.8
18.4
15.5
9.B
11.6
15
6.3
2.1
3.0
5.7
7.0
15.0
10.0
-3.9
-.4
-7.3
-32
5.3
-4.6
-13.0
-12.7
-.3
7.6
-5.1
-9.4
-14.9
-9.6
1.6
-.3
10.6
8.3
-2
-25
4.6
25
3.6
1.7
-5.7
-4.9
-82
-1.1
-3.8
-5.6
-8.1
-6.4
-2.6
1.0
-362
-44.5
-80.7
47.1
1202
80.6
-3.7
-1.9
30.0
40.6
-42.1
3.1
1.8
1.0
462
33.6
-42.6
-415
29.0
33.6
30.5
22.7
-45.6
-34.2
11.8
32.3
-29.8
-37.3
-625
65
54.1
585
37.9
18.4
-34.4
-35.9
-48.6
-13.1
35.8
302
34.5
27.4
-19.7
19.4
23.1
225
-38.1
-19.4
26.9
-26.5
20.1
18.5
13.9
-42.6
-23.4
22.0
-24.0
-30.6
-432
-13.5
27.3
27.7
335
16.3
-19.0
-21.4
-39.0
-45.8
-11.4
315
28.0
35.0
29.8
-26.1
10.4
26.6
25.5
-34.9
-13.7
35.5
19.3
-25.7
10.1
22.1
18.3
-39.3
-16.7
32.2
-175
-34.8
-41.8
.-11.7
23.3
23.9
36.6
-41.1
-46.8
-21.6
13.1
16.1
31.1
44.1
-215
15.3
27.1
-31.0
-21.0
33.8
-19.0
10.1
112
32.6
265
-20.6
13.1
19.1
-392
-27.0
30.0
-15.7
-35.4
-41.3
-215
Table 8.!-Percent Change From Preceding Period in Selected Series: Annual, 1930-59, and Quarterly, 1947-59-Continued
[Percent; quarters seasonally adjusted at annual rates]
Line
Producer?' durable equipment:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weiohts ...
Benchmark-years weights .....
Price indexes:
Fixed 1987 weights
Chain-type annual weights ...
Benchmark-years weights
Residential:
Current dollars .
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights.
Benchmark-years weights ...
Price indexes:
Fixed 1987 weights
Chain-type annual weights.
Benchmark-years weights ...
Exports ot goods and services:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ...
Price indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights .
imports of goods and services:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weiohts .
Benchmark-years weights .
Price indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ...
1930
1934
1935
1936
37.0
-23.9
-36.8
-44.8
46.1
35.0
-20.7
-33.8
-42.4
38.4
35.5
-40.5
-24.3
-57.0
-19.4
51.9
37.9
32.8
-39.1
-17.0
—47.0
-18.4
39.3
37.8
25.9
22.9
-28.7
14.2
33.1
24.7
-36.9
-9.7
14.3
-29.8
13.7
29.6
17.7
-39.3
-92
19.3
42.6
16.1
16.1
-45.7
-35.7
8.3
41.3
12.6
5.9
-49.4
-39.5
33.6
-5.6
23.0
122
-20.5
-3.6
26.0
-3.8
14.6
4.3
-32.7
-152
-34.6
-32.0
28.8
-172
-20.7
12.5
6.8
-25.8
-29.5
-33.5
-2
16.1
33.2
5.8
25.6
-282
10.2
29.9
35.7
-11.7
-102
-18 5
4.0
2.0
33.1
-22
11.3
-21.7
5.9
24.0
34.7
-.7
-12.0
21.6
20.8
-2.6
7.8
2.9
-4.0
13.2
16.9
-4.1
80.0
139.7
49.4
60.0
102.7
48.1
7.6
-2.1
27.7
45.6
70.1
-92
11.6
9.1
186.8
203.7
572
11.4
42
192
29.6
582
-10.6
9.8
16.9
148.1
160.6
58.6
74.6
5092
258.1
61.5
-11.3
-10.6
-23.0
-265
Nondefense:
Current dollars .
Quantity indexes:
Fixed 1987 weights . .....
Chain-type annual weights .
Benchmark-years wei
Price indexes:
Fixed 1987 weights .
Chain-type annual weights.
Benchmark-years weights ..
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
1942
1940
1938
-252
National defense:
Current dollars .
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights.
Benchmark-years weignts ...
Price indexes:
Fixed 1987 weights .
Chain-type annual weights.,
Benchmark-years weights .
State and local:
Current dollars ..
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weignts ..
Price indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights
1937
-172
Government purchases:
Current dollars
Quantity indexes:
Fixed 1987 weights .
Chain-type annual weights .
Benchmark-years weights ...
Price indexes:
Fixed 1987 weights .
Chain-type annual weights .
Benchmark-years weights
Federal:
Current dollars..
Quantity indexes:
Fixed 1987 weights .
Chain-type annual weights .
Benchmark-years weights ..
Price indexes:
Fixed 1987 weights ,
Chain-type annual weiohts .
Benchmark-years weignts ...
1933
1931
-1.6
-142
-8.9
132
-.7
-3.0
-1.3
-2.0
-4.0
3.1
-6.0
-9.9
7.3
-5
-4.0
-42
-6.6
-7.3
Table 8.1.-Percent Change From Preceding Period in Selected Series: Annual, 1930-59, and Quarterly, 1947-59-Continued
[Percent; quarters seasonally adjusted at annual rates]
Line
Addenda:
Ftoal sales of domestic product:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
1941
1942
1943
1944
127
-10.5
-15.2
-21.4
-5.6
15.1
8.4
14.5
8.1
-3.0
6.0
7.8
23.5
29.9
23.3
9.7
128
129
130
-7.6
-6.7
-11.7
-32
6.9
5.9
13.6
3.9
-1.7
6.8
6.4
17.1
22.1
21.0
8.8
134
-12.4
-15.9
-23.5
-4.1
16.7
12.0
14.3
9.5
-7.5
7.3
9.6
25.8
28.0
22.6
9.5
135
136
137
-8.6
-7.4
-132
-2.0
7.4
8.7
13.7
3.9
-4.7
7.9
7.4
18.9
21.4
21.0
8.3
131
132
133
Gross domestic purchases:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
138
139
140
Final sales to domestic purchasers:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
141
-10.5
-14.9
-21.4
-5.6
14.7
9.3
14.4
7.8
-4.0
6.3
7.1
24.3
31.2
24.6
9.5
142
143
144
-7.3
-6.5
-11.7
-3.1
6.5
6.8
13.1
3.5
-2.5
6.8
6.0
17.8
23.5
22.1
8.7
Gross national product:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
148
-12.3
-16.3
-23.5
-42
17.0
11.1
142
9.9
-6.5
7.0
10.0
25.0
26.7
21.2
9.7
149
150
151
-8.9
-7.8
-13.3
-22
7.6
7.8
14.0
4.4
-4.0
7.9
7.7
18.2
19.9
19.8
8.4
145
146
147
:
152
153
154
Command-basis gross national product:
Quantity index, fixed 1987 weights
155
-8.5
-7.7
-13.1
-2.0
7.6
7.8
13.7
42
-3.6
7.6
7.8
18.3
20.1
19.7
8.5
Disposable personal income:
Current dollars
1987 dollars
156
157
-10.6
-7.4
-14.0
-4.1
-23.8
-13.5
-6.6
-2.8
14.9
5.7
12.4
9.4
13.7
12.0
72
3.5
-8.0
-6.5
7.5
7.8
7.6
6.3
22.5
13.8
26.8
15.5
14.1
4.7
9.5
4.4
See note at end of table.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
Table 8.1 .—Percent Change From Preceding Period in Selected Series: Annual, 1930-59, and Quarterly, 1947-59—Continued
[Percent; quarters seasonally adjusted at annual rates]
Line
Gross domestic product:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ...
Price indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ...
Personal consumption expenditures:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weignts
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Durable goods:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ..
Price indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weignts ..
Nondurable goods:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ..
Price indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ..
Services:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ..
Price indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ..
Gross private domestic Investment:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Fixed investment:
Current dollars
Quantity indexes:
Fixed 1937 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
1947
1945
1951
1948
1.0
-.6
10.6
11.1
10.7
15.5
-4.0
-20.6
-1.5
3.8
8.7
9.9
10.5
20.4
12.5
6.5
9.0
1.8
1.7
5.1
18.9
97.9
29.7
8.0
58.7
19.0
-3.3
5.0
12.9
11.7
15.1
9.0
3.8
4.5
7.8
11.9
1953
5.5
1.6
1956
1954
2.8
9.6
22.8
-2.9
11.7
-1.8
212
-1.8
3.8
10.9
18.6
-7.1
9.9
1.9
18.6
-4.8
-.4
2.0
3.4
32
4.9
9.9
-1.8
11.1
-2.4
1.3
3.1
-3.2
7.8
6.6
1952
-.2
-.1
1.5
14.5
11.5
9.9
3.9
2.4
2.6
5.9
6.0
2.6
3.0
3.9
3.7
38.9
187.9
11.9
37.3
-23.6
47.5
11.3
38.0
136.8
1.7
15.6
-18.5
36.9
-.3
412
104.1
41.3
19.5
-6.8
221
14.9
2.4
39.5
83.4
18.5
8.9
-9.1
19.1
12.1
-1.9
44.1
63.1
35.4
14.3
-7.1
11.4
14.7
10.0
-12
12.6
14.0
43.8
46.4
14.4
3.4
-102
8.5
6.1
7.4
-1.8
9.8
6.6
11.0
3.5
2.9
2.0
2.6
-10.4
-4.4
28.1
-22
-9.4
-2.6
21.7
-5.4
5.0
.....
Nonresidential:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Structures:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ...
Price indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ...
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
40.8
121.3
10.2
17.1
-3.7
20.1
36.6
100.7
-0.1
4.8
-22
7.4
19.9
10.3
Table 8.1 .—Percent Change From Preceding Period in Selected Series: Annual, 1930-59, and Quarterly, 1947-59—Continued
[Percent; quarters seasonally adjusted at annual rates]
Line
Producers' durable equipment:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Residential:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Exports ot goods and services:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Imports of goods and services:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Government purchases:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Federal:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
National defense:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights .
Chain-type annual weights
Benchmark-years weights
Nondefense:
Current dollars
Quantity indexes:
Fixed 1987 weights ...
Chain-type annual weights
Benchmark-years weights .
Price indexes:
Fixed 1987 weights ....
Chain-type annual weights
Benchmark-years weights
State and local:
Current dollars.
Quantity indexesFixed 1987 weights
Chain-type annual weighs
.Benchmark-years weights
9
Pnce indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
1945
1946
1947
1948
1949
1950
1951
1952
1953
1954
1955
1956
1957
1958
1959
64
45.6
36.5
54.0
12.8
-9.0
13.1
11.7
-.9
9.3
-3.3
14.8
10.3
8.4
-12.9
13.7
65
66
67
47.9
17.7
35.6
2.6
-15.2
9.8
5.2
-2.4
6.6
-5.6
122
3.8
.8
-14.0
11.1
68
69
70
71
25.5
360.6
54.4
29.7
-6.3
402
-10.3
.9
4.3
8.7
18.6
-5.8
-5.9
.8
26.0
72
73
74
18.0
310.3
27.5
19.6
-72
36.4
-16.2
-1.9
3.5
8.3
15.7
-8.6
-62
1.1
25.5
78
40.6
110.6
32.7
-17.1
-6.9
-14.9
38.6
-3.9
-6.9
3.5
11.7
20.5
12.8
-14.5
1.0
79
80
81
33.5
103.5
18.4
-232
-1.3
-11.5
21.3
-3.1
-4.4
4.4
9.0
15.1
9.0
-13.3
.1
75
76
77
82
83
84
85
9.3
-7.6
13.8
26.8
-8.1
25.5
25.6
4.9
4.7
-3.6
11.5
10.0
5.4
.4
11.5
86
87
88
5.9
-29.0
-7.7
18.6
-3.4
16.9
6.9
12.7
11.1
-3.3
13.1
8.6
5.3
6.1
8.0
92
-14.0
-64.9
-10.3
19.9
22.7
2.4
52.6
24.4
82
-6.2
-.3
5.3
9.4
7.0
5.9
93
94
95
-14.3
-67.3
-192
9.9
12.0
5.6
39.6
17.8
4.7
-72
-2.9
.5
4.8
2.3
-.1
89
90
91
96
97
98
99
-15.8
-74.1
-29.6
202
27.1
-4.0
932
34.5
8.4
-13.7
-5.7
2.7
8.6
4.7
5.7
100
101
102
-16.0
-76.4
-36.9
14.1
10.7
4.1
76.0
26.6
4.7
-13.8
-82
-1.5
4.3
-1.5
-2.3
-15.8
-77.8
-39.1
13.4
22.6
3.5
135.8
36.6
6.1
-15.1
-6.3
4.4
9.6
3.7
2
-15.5
88.7
19.4
38.1
36.7
-18.7
-11.8
20.6
25.8
-5.0
-2.1
-6.5
2.9
11.0
40.3
7.3
21.9
28.7
19.5
17.9
10.2
102
6.1
7.5
11.3
9.6
9.4
10.7
10.4
5.8
10.5
13.1
5.7
13.3
7.3
1.3
1.6
4.9
7.9
6.8
3.6
5.6
7.8
2.7
103
104
105
106
107
108
109
110
111
112
113
...
114
115
116
117
118
119
120
121
122
123
124
125
126
3.3
Table 8.1 .-Percent Change From Preceding Period in Selected Series: Annual, 1930-59, and Quarterly, 1947-59-Continued
[Percent; quarters seasonally adjusted at annual rates]
1945
Addenda:
Final sales ol domestic product:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Gross domestic purchases:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Final sates to domestic purchasers:
Cur rent dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Gross national product:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
1946
1947
1948
1949
1.3
-4.1
14.1
8.5
.2.9
-3.8
-22.8
.7
2.7
2.2
2
1950
12
62
1951
1953
1952
1954
1955
1957
1956
1958
1959
14.4
7.6
6.4
1.3
7.1
5.7
6.1
1.7
7.7
9.5
5.7
4.0
-.1
4.3
Z2
2.5
-.3
4.6
.4
-4.3
9
14.0
-.3
12.7
15.0
5.9
6.4
-.1
9.0
5.0
4.9
22
9.1
-4.3
-23.4
-2.8
6.0
.4
9.9
9.3
4.9
4.3
-1.0
5.8
1.8
1.8
.4
5.8
.7
-7.8
12.8
11.3
3.1
9.1
13.8
8.1
6.9
1.0
7.1
5
2
5.7
2,5
8.1
—4.1
-25.5
-.6
4.9
2.2
7.4
8.9
6.3
4.6
-.3
4.5
2.0
2.3
.6
4.9
1.0
-.4
10.8
112
-.5
10.7
15.6
5.4
5.7
.3
9.0
5.5
5.3
1.3
8.6
-4.1
-20.5
-1.4
3.9
.4
8.7
9.9
4.3
3.7
-.6
5.7
2.1
2.0
-.6
5.4
Command-basis gross national product:
Quantity index, fixed 1987 weights
-3.7
-20.4
-1.8
3.7
.3
8.1
9.7
4.6
3.8
-.6
5.9
2.3
2.2
-.5
5.3
Disposable personal income:
Current dollars
1987 dollars
2.5
-1.2
6.6
-3.5
6
-3.9
11.4
5.7
-.2
10.4
7.8
9.8
3.8
5.3
3
6.4
4.3
12
7.1
5.5
6.8
4.8
5.5
2.5
3.5
1.8
6.3
4.0
See note at end of table.
Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis
2
2
2
1.7
Table 8.1 .—Percent Change From Preceding Period in Selected Series: Annual, 1930-59, and Quarterly, 1947-59—Continued
[Percent; quarters
at annual rates]
1947
1948
Line
1
Gross domestic product:
Current dollars .
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ...
Price indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ...
Personal consumption expenditures:
Current dollars .
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ...
Price indexes:
Fixed 1987 weights ..
Chain-type annual weights .
Benchmark-years weignts
Durable goods:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weights
Benchmark-years weights
Price indexes:
Fixed 1987 weights .
Chain-type annual weights .
Benchmark-years weights ..
Nondurable goods:
Current dollars
Quantity indexes:
Fixed 1987 weights
Chain-type annual weiohts .
Benchmark-years weights ..
Price indexes:
Fixed 1987 weights
Chain-type annual weights .
Benchmark-years weights ..
Services:
Current dollars
Quantity indexes:
Fixed 1987 weights .
nt^*.!—
Chain-type annual weights .
Benchmark-years weignts ..
Price indexes:
Fixed 1987 weights .
Chain-type annual weights"""".
Benchmark-years weights ........
Gross private domestic investment:
Current dollars .
Quantity indexes:
Fixed 1987 weig