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31083_1975-1979

31083_1975-1979

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A52 Domestic Nonfinancial Statistics • January 977
2.16 GROSS NATIONAL PRODUCT AND INCOME
Billions of current dollars; quarterly data are at seasonally adjusted annual rates. Exceptions noted 1975 1976 1973 1974 1975 Account 1973 1974 Q2
Q 3
Q4
Q
Q2 Q3 Gross national product
1
1,306.6 1,413.2 1,516.3 1,482.3 1,548.7 1,588.2 1,636.2 1,675.2 1,708.9
?
By source:
Personal consumption expenditures 809.9 887.5 973.2 960.3 987.3 1,012.0 1,043.6 1,064.7 1,088.5
3 Durable goods 123.7 121.6 131.7 127.0 136.0 141.8 151.4 155.0 157.6 4 Nondurable goods 333.8 376.2 409.1 405.8 414.6 421.6 429.1 434.8 441.8 5 Services 352.3 389.6 432.4 427.4 436.7 448.6 463.2 474.9 489.1 6
Gross private domestic investment 220.0 215.0 183.7 164.4 197.7 201.4 229.6 239.2 247.0
7 Fixed investment 202.1 204.3 198.3 194.3 198.6 205.7 214.7 223.2 231.9 8
Nonresidential 136.0 149.2 147.1 145.8 146.1 148.7 153.4 157.9 163.0
9 Structures 49.0 54.1 52.0 51.2 51.8 52.1 53.2 54.9 56.0 10 Producers durable equipment 87.0 95.1 95.1 94.6 94.2 96.6 100.2 103.0 107.0 11 Residential structures 66.1 55.1 51.2 48.6 52.6 57.0 61.3 65.3 68.9 12 Nonfarm 64.3 52.7 49.0 46.7 50.2 54.2 58.6 62.9 66.3
N
Change in business inventories 17.9 10.7 -14.6 -30.0 -2.0 -4.3 14.8 16.0 15.1 14 Nonfarm 14.7 12.2 -17.6 -31.2 -4.2 -9.5 12.7 17.3 15.6 15
Net exports of goods and services 7.1 7.5 20.5 24.4 21.4 21.0 8.4 9.3 3.4
16 Exports 101.6 144.4 148.1 142.9 148.2 153.7 154.1 160.3 166.3 17 Imports 94.4 136.9 127.6 118.5 126.8 132.7 145.7 151.0 162.9 18
Govt, purchases of goods and services 269.5 303.3 339.0 333.2 343.2 353.8 354.7 362.0 369.6
19 Federal 102.2 111.6 124.4 122.4 124.6 130.4 129.2 131.2 134.5 20 State and local 167.3 191.6 214.5 210.9 218.6 223.4 225.5 230.9 235.0 21 By major type of product: Final sales, total 1,288.6 1,402.5 1,531.0 1,512.3 1,550.6 1,592.5 1,621.4 1,659.2 1,693.3 22
Goods, total 598.8 639.7 681.7 661.0 703.5 719.7 742.3 758.4 766.1
23 Durable goods 240.5 247.2 254.4 248.5 265.0 270.0 282.7 301.2 308.2 24 Nondurable 358.3 392.4 427.3 412.5 438.4 449.7 459.6 457.1 457.9 25 Services 560.5 626.6 692.5 684.2 700.2 719.5 742.6 759.6 780.1 26 Structures 147.2 146.9 142.1 137.1 145.0 149.1 151.3 157.3 162.2 27 Change in business inventories 17.9 10.7 -14.6 -30.0 -2.0 -4.3 14.8 16.0 15.1 28 Durable goods 240.5 247.2 254.4 248.5 265.0 270.0 282.7 301.2 308.2 29 Nondurable goods 358.3 392.4 427.3 412.5 438.4 449.7 459.6 457.1 457.9 30 MEMO: Total GNP in 1972 dollars
1,235.0 1,214.0 1,191.7 1,177.1 1,209.3 1,219.2 1,246.3 1,260.0 1,271.7
National income 31
1,064.6 1,135.7 1,207.6 1,182.7 1,233.4 1,264.6 1,304.7 1,337.4 1,362.5
32 Compensation of employees 799.2 875.8 928.8 912.9 935.2 963.1 994.4 1,017.2 1,037.5 33
Wages and salaries 701.2 764.5 806.7 792.8 811.7 836.4 861.5 881.1 897.8
34 Government and Government enterprises.. 148.6 160.4 175.8 173.8 177.3 182.2 185.4 188.7 191.7 35 Other 552.6 604.1 630.8 619.0 634.4 654.1 676.1 692.4 706.1 36
Supplement to wages and salaries 98.0 111.3 122.1 120.1 123.5 126.7 132.9 136.2 139.6
37 Employer contributions for social 61.6 65.9 67.1 68.6 insurance 49.3 55.8 59.7 58.7 60.2 61.6 65.9 67.1 68.6 38 Other labor income 48.7 55.5 62.5 61.4 63.3 65.2 67.1 69.0 71.1 39
 Proprietors income
1
92.4 86.9 90.2 86.8 95.5 97.2 93.2 100.3 96.1
40 Business and professional
1
60.4 61.1 65.3 62.7 66.3
69.0
71.4 72.8 74.4 41 Farm
1
32.0 25.8 24.9 24.1 29.2 28.3 21.9 27.5 21.7 42 Rental income of persons 31.3 33.3 37.0 36.6 37.3 38.4 39.6 39.6 40.6 43 Corporate profits
1
99.1 84.8 91.6 86.6 105.3 105.6 115.1 116.4 122.0 44 Profits before tax
2
115.8 127.6 114.5 105.8 126.9 131.3 141.1 146.2 150.2 45 Inventory valuation adjustment -18.6 -39.8 -11.4 -7.8 -9.0 -12.3 -11.5 -14.4 -12.6 46 Capital consumption adjustment 1.9 -3.0 -11.5 -11.4 -12.6 -13.5 -14.5 -15.4 -15.7 47 Net interest
52.3
67.1 74.6 74.0 74.9 75.8 78.6 80.3 83.5
1
 With inventory valuation and capital consumption adjustments. SOURCE.—
Survey of Current Business
 (U.S. Dept. of Commerce).
2
 For after-tax profits, dividends, etc., see Table 1.50.
January 1977
 
A52 Domestic Nonfinancial Statistics February 977
2.16 GROSS NATIONAL PRODUCT AND INCOME
Billions of current dollars; quarterly data are at seasonally adjusted annual rates. Exceptions noted 1 Total By source:
2 Personal consumption expenditures...
3 Durable goods 4 Nondurable goods 5 Services
6 Gross private domestic investment. . .
7 Fixed investment 8
 Nonresidential
9 Structures 10 Producers' durable equipment 11 Residential structures 12 Nonfarm 13 Change in business inventories. . . 14 Nonfarm
15 Net exports of goods and services... .
16 Exports 17 Imports
18 Govt, purchases of goods and services.
19 Federal 20 State and local By major type of product: 21 Final sales, total 22
 Goods, total
23 Durable goods 24 Nondurable 25 Services [[[ 26 Structures '.' 27 Change in business inventories 28 Durable goods 29 Nondurable goods
MEMO:
30 Total GNP in 1972 dollars 31 Total 32 Compensation of employees
33 Wages and salaries
34 Government and Government enterprises 35 Other 36
 Supplement to wages and salaries
37 Employer contributions for social insurance 38 Other labor income ...... . 39
 Proprietors' income
1
40 Business and professional
1
 41 Farm* .'.". '.'. 42 Rental income of persons
2
43 Corporate profits
1
44 Profits before tax
 
45 Inventory valuation adjustment... ..... . 46 Capital consumption adjustment 47 Net interest National income 1974 1975 1976P 1975 1976 Q3 Q4 Ql Q2 Q3 Q4p Gross national product 1,413.2 1,516.3 1,692.4 1,548.7 1,588.2 1,636.2 1,675.2 1,708.9 1,748.5
887.5
121.6 376.2 389.6
973.2
131.7 409.1 432.4
1,078.6
156.3 440.3 482.0
987.3
136.0 414.6 436.7
1,012.0
141.8 421.6 448.6
1,043.6
151.4 429.1 463.2
1,064.7
155.0 434.8 474.9
1,088.5
157.6 441.8 489.1
1,117.5
161.2 455.5 500.8
215.0
204.3
149.2
54.1 95.1 55.1 52.7
183.7
198.3
147.1
52.0 95.1 51.2 49.0
241.2
227.7
160.0
55.4 104.5 67.8 65.1
197.7
198.6
146.1
51.8 94.2 52.6 50.2
201.4
205.7
148.7
52.1 96.6 57.0 54.2
229.6
214.7
153.4
53.2 100.2 61.3 58.6
239.2
223.2
157.9
54.9 103.0 65.3 62.9
247.0
231.9
163.0
56.0 107.0 68.9 66.3
249.0
241.1
165.5
57.5 108.0 75.6 72.7 10.7 12.2 -14.6 -17.6 13.5 13.6 -2.0 -4.2 -4.3 -9.5 14.8 12.7 16.0 17.3 15.1 15.6 7.9 8.9
7.5
144.4 136.9
20.5
148.1 127.6
6.9
161.9 155.1
21.4
148.2 126.8
21.0
153.7 132.7
8.4
154.1 145.7
9.3
160.3 151.0
4.7
'167.7 "163.0
5.2
165.6 160.4
303.3
111.6 191.6
339.0
124.4 214.5
365.8
133.4 232.3
343.2
124.6 218.6
353.8
130.4 223.4
354.7
129.2 225.5
362.0
131.2 230.9
369.6
134.5 235.0
376.8
138.9 238.0 1,402.5
639.7
247.2 392.4 626.6 146.9 1,531.0
681.7
254.4 427.3
1
 692.5 142.1 1,679.0
761.5
301.7 459.8 771.3 159.7 1,550.6
703.5
265.0 438.4 700.2 145.0 1,592.5
719.7
270.0 449.7 719.5 149.1 1,621.4
742.3
282.7 459.6 742.6 151.3 1,659.2
758.4
301.2 457.1 759.6 157.3
r
l,694.7
766.1
308.2 457.9 "781.5 162.2 1,742.6
779.2
314.8 464.1 801.4 168.0 10.7 7.1 3.6 -14.6 -12.1 -2.6 13.5 4.3 9.2 -2.0 -7.0 5.0 -4.3 -10.6 6.3 14.8 -3.6 18.5 16.0 5.4 10.6 15.1 6.8 8.3 7.9 8.5 -.5 1,214.0 1,191.7 1,265.0 1,209.3 1,219.2 1,246.3 1,260.0
r
l,272.2 1,281.5 1,135.7 1,207.6 1,349.4 1,233.4 1,264.6 1,304.7 1,337.4 1,362.5 875.8 928.8 1,028.4 935.2 963.1 994.4 1,017.2 1,037.5 1,064.5
764.5 806.7 890.4 811.7 836.4 861.5 881.1 897.8 921.0
160.4 175.8 190.7 177.3 182.2 185.4 188.7 191.7 197.0 604.1 630.8 699.7 634.4 654.1 676.1 692.4 706.1 724.0
111.3 122.1 138.0 123.5 126.7 132.9 136.2 139.6 143.5
55.8 59.7 67.9 60.2 61.6
65.9
67.1 68.6 70.2 55.5 62.5 70.1 63.3 65.2 67.1 69.0 71.1 73.3
86.9 90.2 96.7 95.5 97.2 93.2 100.3 96.1 97.1
61.1 65.3 73.8 66.3
69.0
71.4 72.8 74.4 76.8 25.8 24.9 22.8 29.2
28.3
21.9 27.5 21.7 20.3
r
21.0
r
22.4
r
23.5
r
22.1 "22.9 "23.3 '23.1 "23.4 24.3 84.8 91.6 118.1 105.3 105.6 115.1 116.4 122.0 127.6 114.5 148.8 126.9 131.3 141.1 146.2 150.2 -39.8 -11.4 -14.6 -9.0 -12.3 -11.5 -14.4 -12.6 -20.0 -3.0 -11.5 -15.5 -12.6 -13.5 -14.5 -15.4 -15.7 -16.4 67.1 74.6 82.1 74.9 75.8 78.6 80.3 83.5 86.0
1
 With inventory valuation and capital consumption adjustments.
2
 With capital consumption adjustments.
3
 For after-tax profits, dividends, etc., see Table 1.50. SOURCE.—
Survey of Current Business
 (U.S. Dept. of Commerce).
February 1977
 
A52Domestic Nonfinancial Statistics □ March 1977
2.16 GROSS NATIONAL PRODUCT AND INCOME
Billions of current dollars; quarterly data are at seasonally adjusted annual rates. Exceptions noted Account 1974 1975 19761975 1976Q3 Q4 Ql Q2 Q3 1Q4Gross national product1 1,413.2 1,516.3 rl,691.4 1,548.7 1,588.2 1,636.2 1,675.2 1,708.9 1,744.3By source:2
 Personal consumption expenditures
...................
 887.5 973.2 1,079.7 987.3 1,012.0 1,043.6 1,064.7 1,088.5 1,122.0
3 Durable goods
..............................................
 121.6 131.7 156.5 136.0 141.8 151.4 155.0 157.6 162.04 Nondurable goods
........................................
 376.2 409.1 440.4 414.6 421.6 429.1 434.8 441.8 456.05 Services.......................................................... 389.6 432.4 482.8 436.7 448.6 463.2 474.9 489.1 504.06
 Gross private domestic investment
....................
 215.0 183. 239.6 197.7 201.4 229.6  239.2 247.0 242.8
7 Fixed investment........................................... 204.3 198.3 227.7 198.6 205.7 214.7
 223.2
 231.9 241.08
 Nonresidential 
............................................
 149.2 147.1 160.0 146.1 148. 153.4 157.9 163.0 165.6 
9 Structures............................................... 54.1 52.0 55.3 51.8 52.1 53.2
 54.9
 56.0 57.010 Producers’ durable equipment.............. 95.1 95.1 104.7 94.2 96.6 100.2 103.0 107.0 108.611 Residential structures
...............................
 55.1 51.2 67.7 52.6 57.0 61.3 65.3 68.9 75.512 Nonfarm
................................................ 52.7 49.0 65.1 50.2 54.2 58.6 62.9 66.3 72.713 Change in business inventories.................... 10.7 -14.6 11.9 -2.0 -4.3 14.8 16.0 15.1 1.714 Nonfarm.................................................... 12.2 -17.6 11.9 -4.2 -9.5 12.7 17.3 15.6 2.215
 Net exports of goods and services
.....................
 7.5 20.5 6.4 21.4 21.0 8.4 9.3 4. 3.3
16 Exports.......................................................... 144.4 148.1 162.7 148.2 153.7 154.1 160.3 167.7 168.617 Imports.......................................................... 136.9 127.6 156.3 126.8 132.7 145.7 151.0 163.0 165.318
 Govt, purchases of goods and services
..............
 303.3 339.0 365.6  343.2 353.8 354.7 362.0 369.6  376.2
19 Federal........................................................... 111.6 124.4 133.4 124.6 130.4 129.2 131.2 134.5 138.920 State and local
.............................................. 191.6 214.5 232.2 218.6 223.4 225.5 230.9 235.0 237.4By major type of product:21 Final sales, total................................................ 1,402.5 1,531.0 1,679.5 1,550.6 1,592.5 1,621.4 1,659.2 1,694.7 1,742.622
 Goods
.............................................................
 639.7  681.7 760.2 703.5 719.7  742.3 758.4 766.1 774.3
23 Durable goods........................................... 247.2 254.4 300.5 265.0 270.0 282.7 301.2 308.2 309.824 Nondurable................................................ 392.4 427.3 459.8 438.4 449.7 459.6 457.1 457.9 464.525 Services.......................................................... 626.6 692.5 771.8 700.2 719.5 742.6 759.6 781.5 803.526 Structures...................................................... 146.9 142.1 159.3 145.0 149.1 151.3 157.3 162.2 166.527 Change in business inventories........................ 10.7 -14.6 11.9 -2.0 -4.3 14.8 16.0 15.1 1.728 Durable goods............................................... 7.1 -12.1 2.7 -7.0 -10.6 -3.6 5.4 6.8 2.029 Nondurable goods
........................................
 3.6 -2 .6 9.2 5.0 6.3 18.5 10.6 8.3 -.3
M
 e m o
 :
30 Total GNP in 1972 dollars
................................. 1,214.0 1,191.7 1,264.6 1,209.3 1,219.2 1,246.3 1,260.0 1,272.2 1,279.9 National incomeTotal
.................
.
.............................................. 1,135.7 1,207.6 rl,348.4 1,233.4 1,264.6 1,304.7 1,337.4 1,362.532 Compensation of employees
................................
 875.8 928.8 1,028.4 935.2 963.1 994.4 1,017.2 1,037.5 1,064.533
 Wages and salaries
....................................................
 764.5 806. 890.4 811.7 836.4 861.5 881.1 897.8 921.0
34 Government and Government enterprises.. 160.4 175.8 190.7 177.3 182.2 185.4 188.7 191.7 197.035 Other.............................................................. 604.1 630.8 699.7 634.4 654.1 676.1 692.4 706.1 '723.936
 Supplement to wages and salaries
.....................
 111.3 122.1 138.0 123.5 126.7  132.9 136.2 139.6 143.5
37 Employer contributions for socialinsurance
................................................ 55.8 59.7 67.9 60.2 61.6 65.9 67.1 68.6 70.238 Other labor income....................................... 55.5 62.5 70.1 63.3 65.2 67.1 69.0 71.1 73.339
 Proprietors' income
1..............................................
 86.9 90.2 96.7  95.5 97.2 93.2 100.3 96.1 97.1
40 Business and professional1............................... 61.1 65.3 73.8 66.3 69.0 71.4 72.8 74.4 76.841 Farm1................................................................ 25.8 24.9 22.8 29.2 28.3 21.9 27.5 21.7 20.342 Rental income of persons2................................... 21.0 22.4 23.5 22.1 22.9 23.3 23.1 23.4 24.343
Corporate nrofits l ........................................................
 84.8 91.6
 rl 17
.7
 105.3 105.6 115.1 116.4 122.044 Profits before tax3............................................ 127.6 114.5 '147.8 126.9 131.3 141.1 146.2 150.245 Inventory valuation adjustment
.......................
 -39.8 -11.4 -14.6 -9 .0 -12.3 -11.5 -14.4 -12.6 -20.046 Capital consumption adjustment
.....................
 -3 .0 -11.5 -15.5 -12.6 -13.5 -14.5 -15.4 -15.7 -16.447 Net interest
........................................................... 67.1 74.6 '82.0 74.9 75.8 78.6 80.3 83.5 '85.61With inventory valuation and capital consumption adjustments. 3For after-tax profits, dividends, etc., see Table 1.50.2 With capital consumption adjustments.
S
o u r c e
 .
 — 
Survey of Current Business
 (U.S. Dept, of Commerce).
 
March 1977

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