September 1984
C. Historical Data for Selected Series
Year Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. IQ II Q III Q IV Q Annual
51
( A N N U A L RATE, B I L L I O N S OF DOLLARS) AVERAGE FOR PERIOD
1950... 353.3 350.3 356.3 360.0 364.8 366.5 371.8 378.8 379.7 3*82.3 385.1 389.2 353.3 363.8 376.8 385 .5 369.8
1951... 386.0 383.8 387.4 393.9 394.1 398.0 396.9 401.6 399.2 402.1 402.1 402.4 385 .7 395 .3 399 .2 402.2 395 .6
1952... 398.7 406 .1 407 .7 405.6 410.5 412.4 408.5 418.2 423.8 423.7 421 .9 423 .4 404.2 409.5 416.8 423 .0 413.4
1953... 426.2 428.0 432.1 432.6 434.8 435.4 434.2 431.4 430.3 432.5 432.8 430.1 428.8 434.3 432.0 431.8 431.7
1954... 426.3 425.7 423.2 421.2 423.3 423.6 423.7 427.6 430.8 432.5 435.7 438.3 425.1 422.7 427.4 435.5 427.7
1955 ... 439.6 440.7 444.5 441.6 452.6 462.4 470.2 456.7
1956... 471.9 473.4 473.1 478.6 476.8 478.3 473.1 479.7 483.3 487.0 487.0 487.3 472.8 477.9 478.7 487.1 479.1
1957... 485 .0 487.1 488.2 488.4 487.2 489.6 490.5 491.5 490.0 489.2 487.1 483.5 486.8 488.4 490.7 486.6 488.1
1958... 479.1 479.3 478.7 474.4 476.1 479.3 488.4 487.0 490.0 491 .2 497.7 498.7 479.0 476.6 488.5 495 .9 485 .0
1959... 496.6 498.6 503 .7 507.0 509.4 510.5 510.5 504.9 504.1 504.9 510.0 518.0 499.6 509.0 506.5 511.0 506.5
1960... 520.4 518.2 516.5 519.9 522.5 522.3 521.4 520.6 519.5 520.5 517.5 520 .5 517.5 519.5
1961... 519.2 519.2 521 .4 522 .9 525.8 529.8 530.1 532.7 533.7 538.7 544.2 546.5 519.9 526.2 532.2 543.1 530.4
1962... 544.5 548.0 551 .1 554.4 555 .0 556.7 558.6 559.2 559.4 560.3 562 .4 564.5 547.9 555 .4 559.1 562.4 556.2
1963... 563.6 565.1 567.1 569.4 571.7 574.5 575.2 577.3 580.9 583.8 583.8 587.4 565.3 571.9 577.8 585 .0 575.0
1964... 588.1 594.0 597.2 601.5 604.9 607.7 610.1 615 .3 617 .9 617.9 622.7 628.9 593.1 604.7 614.4 623.2 608.8
1965... 630.3 632.4 633.5 637.1 642.9 646.4 648.6 651.2 655.7 661.9 666.7 669.7 632 .1 642 .1 651.8 666 .1 648.0
1966... 670.2 674.0 676.0 677.5 680.9 685 .4 687.7 688.7 689.4 692.4 695 .1 695 .1 673.4 681.3 688.6 694.2 684.4
1967... 700.7 700 7 702 5 724.8 701 .3 705.5 713.3 719.3 709.9
1968... 723.6 735.5 740.5 745.3 750.2 752.9 755 .0 756.8 759.8 762.8 728.4 740.4 752.7 759.8 745 .3
1969... 763.1 767.4 770.7 773.0 774.6 777.0 781.2 784.9 786.0 786.7 785.0 787.0 767 .1 774.9 784.0 786.2 778.0
1970... 785.2 786.7 790.0 787.3 792.8 794.2 786.8 790.3
1971... 794.8 795 .5 798.5 799.0 801 .4 799.5 799.8 803.5 803 .5 806.2 808.9 817 .2 796.3 800.0 802.3 810.8 802.3
1972... 824.9 830.1 833.7 839.2 841 .6 831.6 845.9 853.1 854.0 862.4 869.4 874.9 829.6 837 .5 851 .0 868.9 846 .7
1973... 878.7 886.0 887.4 887 .8 889.1 891 .8 898.6 893.9 901 .2 904.3 906.8 904.0 884.0 889.6 897.9 905.0 894.1
1974... 893.5 887.3 883.1 882.6 885 .8 888.4 889.1 884.0 879.3 879.5 871.0 866.0 888.0 885.6 884.1 872.2 882.5
1975... 860.0 856.6 855 .7 856.0 863 .2 865.4 863.9 871.6 875 .9 879.1 882.0 880.0 857 .4 861.5 870.5 880 .4 867 .4
1976... 888.6 896.7 900.6 904.5 907.6 906.0 909.4 912.3 914.0 915.1 922.8 926.7 895 .3 906.0 911.9 921.5 908.7
1977... 927.1 932.5 940.0 941.8 948.4 952.5 959.0 960.9 968.7 976.7 979.3 986.0 933.2 947.6 962.9 980.7 956.1
1978... 982.3 987.0 995 .1 1016.3 1019.6 1022.1 1029.3 1033.4 1044.4 988.1 1005.0 1019.3 1035 .7 1012 .0
1979... 1038.9 1040.3 1046.8 1042.4 1042.7 1044.4 1049.5 1050.8 1050.0 1050.6 1053.3 1054.0 1042.0 1043.2 1050.1 1052.6 1047.0
1980... 1056.7 1051.6 1048.4 1041.1 1035.6 1035.9 1033.5 1033.7 1034.1 1044.1 1050.5 1056.4 1052.2 1037.5 1033.8 1050.3 1043.5
1981... 1064.6 1066.4 1069.7 1068.6 1067.1 1073.5 1079.3 1089.8 1087.1 1081.3 1078.9 1076.9 1066.9 1069.7 1085 .4 1079.0 1075 .3
1982. . . 1072.0 1080.7 1077.9 1081 .2 1079.5 1070.1 1067.8 1064.9 1064.2 1060.8 1070.3 1074.8 1076.9 1076.9 1065.6 1068.6 1072.0
1983... 1075.5 1071 .1 1074.8 1077.6 1083.0 1091 .3 1094.2 1096 .8 1104.1 1119.1 1121 .9 1130.8 1073.8 1084.0 1098.4 1123.9 1095 .0
1984...
51C. CHANGE IN PERSONAL I N C O M E , LESS TRANSFER P A Y M E N T S , IN 1 9 7 2 DOLLARS, OVER 1-MONTH SPANS 1
( C O M P O U N D ANNUAL RATE, P E R C E N T ) AVERAGE FOR P E R I O D
1950... 23.7 -9.7 22.6 13.2 17 .2 5.7 18.8 25.1 2.9 8.5 9.2 13.6 12.2 12.0 15.6 10.4 12.6
1951 ... -9.4 -6.6 11.9 22.1 0.6 12.5 -3.3 15.2 -6.9 9.1 0.0 0.9 -1.4 11.7 1.7 3.3 3.8
1952... -10.5 24.7 4.8 -6.0 6.3 5.1 13.0 -0.3 6.0
1953... 8.2 5.2 12.1 1.4 6.3 1.7 -3.3 -7.5 -3.0 6.3 -4 .6 0.0 1.8
1954... -10.1 -1.7 -6.8 -5.5 6.1 0.9 0.3 11.6 9.4 4.8 9.2 7 .4 -6.2 0.5 7.1 7.1 2.1
1955 ... 3.6 7.4 5.8 10.4 7.6 8.0 8.0
1956... -2.3 3.9 -0.8 14.9 -4.4 3.8 -12.3 18.1 9.4 9.6 0.0 0.7 0.3 4.8 5.1 3.4 3.4
1957... -5.5 5.3 2.7 0.5 -2.9 6.1 2.2 2.5 -3.6 -1.9 -5 .0 -8.5 0.8 1.2 0.4 -5.1 -0.7
1958... -10.4 0.5 -1.5 -10.3 4.4 8.4 25 .3 -3.4 7.6 3.0 17.1 2.4 -3.8 0.8 9.8 7.5 3 .6
1959... -4.9 4.9 13.0 8.2 5.8 2.6 0.0 -12.4 -1.9 1.9 12.8 20.5 4.3 5 .5 -4.8 11.7 4.2
1960... 5.7 -5.0 -3.9 8.2 6.2 -0.5 -2.0 -1.8 -2.5 2 .3 -6.7 -7.0 -1.1 4.6 -2.1 -3.8 -0.6
1961... 11 .8 0.0 5.2 3.5 6.9 9.5 0.7 6.0 2.3 11 .8 13.0 5.2 5.7 6.6 3.0 10.0 6.3
1962... -4.3 8.0 7.0 7.4 1.3 3.7 4.2 1.3 0.4 1.9 4.6 4.6 3.6 4.1 2.0 3.7 3.3
1963... 0.0 7.7 1.9 5.3 4.6 4.6 4.1
1964... 1 .4 12.7 6.7 9.0 7.0 5.7 4.8 10.7 5.2 0.0 9.7 12.6 6.9 7.2 6.9 7.4 7 .1
1965... 2.7 4.1 2.1 7.0 11.5 6.7 4.2 4.9 8.6 12.0 9.1 5 .5 3.0 8.4 5 .9 8.9 6.5
1966... 0.9 7.0 1.8 0.0 3.8 5 .7 2.4 3.4 3.8
1967... 10.1 0.0 3.1 2.6 1.9 4.2 5.4 6.1 1.9 5.6 4.4
1968... -2.0 9.9 5.2 5.2 8.5 8.1 8.2 4.4 3.4 2.9 4.9 4.8 4.4 7.3 5.3 4.2 5.3
1969... 0.5 7.0 5.3 3.6 2.5 3.8 6.7 5.8 1 .7 1 .1 -2.6 3.1 4.3 3.3 4.7 0.5 3.2
1970. . . -2 .7 2.3 5.2 5.0 0.0 -1.7 1.8 0.2
1971... 11.4 1.1 4.6 0.8 3.7 -2.8 0.5 5.7 0.0 4.1 4.1 13.0 5 .7 0.6 2.1 7 .1 3.8
1972... 11.9 7.8 5.3 10.7 1 .3 12.5 10.2 7.9 8.3 -0.6 11.6 10.2 7.4
1973... 5.3 10.4 1.9 0.5 1.8 3.7 9.5 -6.1 10.3 4.2 3.4 -3.6 5 .9 2.0 4.6 1.3 3.4
1974... -13.1 -8.0 -5.5 -0.7 4.4 3.6 0.9 -6.7 -6.2 0.3 -11.0 -6.7 -8.9 2.4 -4.0 -5.8 -4.1
1975... -8.0 -4.6 -1.3 0.4 5.1 1.9 1.8
1976... 12.4 11.5 5.3 5.3 4.2 -2.1 4.6 3.9 2.3 1.5 10.6 5.2 9.7 2.5 3.6 5.8 5 .4
1977... 0.5 7.2 10.1 2.3 8.7 5.3 8.5 2.4 10.2 10.4 3.2 8.5 5.9 5 .4 7 .0 7 .4 6 .4
1978... -4.4 5.9 10.3 12.2 -2.5 6.3 10.7 4.0 3.0 8.8 4.9 13.5 3.9 5 .3 5 .9 9.1 6.1
1979... -6.1 1.6 7.8 -4.9 0.3 2.0 6.0 1.5 -0.9 0.7 3.1 0.8 1.1 -0.9 2 .2 1.5 1 .0
1980... 3.1 -5.6 -3.6 -8.0 -6 .2 0.3 -2.7 0.2 0.5 12.2 7.6 7.0 -2 .0 -4.6 -0.7 8.9 0.4
1981... 1.5 5 .4 -3.7 2.1
1982... -5 .3 10.2 -3.1 3.7 -1.9 -10.0 -2.5 -3.2 -0.8 -3.8 11.3 5.2 0.6 -2.7 -2.2 4.2 0.0
1983... 0.8 -4.8 4.2 3.2 6.2 9.6 3.2 2.9 8.3 17.6 3.0 9.9 0.1 6.3 4.8 10.2 5.3
1984... 15.1 9.9 2.3 10.6 5.0 13.1 3.4 1.8 9.1 9.6
5
( C O M P O U N D ANNUAL RATE, P E R C E N T ) AVERAGE FOR P E R I O D
1950. . . 8.0 11 .0 7 .8 17.6 12.0 13.8 11 .2
1951... -1.3 -1.8 8.4 11 .2 11.4 3.1 7.8 1.2 5.3 0.5 3.2 -3.3 1.8 8.6 4.8 0.1 3 .8
1952... 4.0 5.4 7.1 4.4 4.7 2.9 7.7 11.5 15.7 3.6 -0.4 2.4 5.5 4 .0 11 .6 1 .9 5 .8
1953... 5.9 8.5 6.1 6.5 3.1 1.5 -3.1 -4.6 -1.6 1.3 -0.2 -5 .6 6 .8 3 .7 -3.1 -1.5 1.5
1954... 7.2 2.0
1955... 4.7 5.8 8.5 12.0 11.4 6.8 6.3 7.7
1956... 2.9 0.3 3.2
1957... 0.1 0.7 2.8 0.1 1 .2 1.7 3.6 0.3 -1.1 -3.5 -5.2 -8.0 1.2 1.0 0.9 -5.6 -0.6
1958. .. 2.3 9.1 7.3 4.5 -4.7 3 .4 7 .0 7.0 3.2
1959... 0.7 4.1 8.6 8.9 5 .5 2.8 -3.5 -4.9 -4.3 4.1 11.5 12.9 4.5 5.7 -4.2 9.5 3.9
1960... 6.6 -1.2 -0.4 3.4 4.6 1.2 -1.4 -2.1 -0.7 -2.4 -3.9 -1.0 1 .7 3.1 -1.4 -2.4 0.2
1961... 5.4 3.0 6.6 7.7 5 .4
1962... 2.8 3.4 7.5 5 .2 4.1 3.1 3.1 2.0 1.2 2.3 3.7 2 .4 4.6 4.1 2.1 2.8 3.4
1963... 1.9 4.1
1964.. . 7 .2 6.8 9 .4 7.5 7 .2 5 .8 7.1 6.9 5 .2 4.9 7.3 8.3 7.8 6.8 6.4 6.8 7.0
1965... 6.4 3.0 4.4 6.8 8.4 7 .4 6.6 7.9 6.7
1966... 4.2
1967... 3.3 4.3 3.1 3.8 4.7 3.7
1968... 5.7 5.6 7.2 5 .3 3.8 5.5
1969... 4.1 4.2 5.3 3.8 3.3 4.3 5.4 4.7 2.8 0.1 0.5 -0.8 4.5 3.8 4.3 -0.1 3.1
1970... 0.9 1.5 4,1 3.3 1 .1 0.1 0.8 2.2 1.5 -0.4 -1.2 0.5
1971... 5.0 5.6 2.1 3.0 0.5 0 .4 1.1 2.0 3.2 2.7 7.0 9.6 4.2 1.3 2.1 6.4 3.5
1972... 10.9 8.3 7 .1 5.7 -1.0 3.2 5.6 11.2 8.0 7.9 10.2 7.8 8.8 2.6 8.3 8.6 7.1
1973... 7.9 5 .8 4.2 1.4 2.0 5.0 2.2 4.3 2.6 5.9 1.2 -4.7 6.0 2.8 3.0 0.8 3.2
1974... -8.3 -8.9 -4.8 -0.7 2.4 3.0 -0.8 -4.0 -4.2 -5 .8 -5.9 -8.6 -7.3 1.6 -3.0 -6.8 -3.9
1975... -6.5 -4.7 -1.8 3.1 4.6 3 .7 1.9 4.4 -4.3 3.8 5.3 3.7 2.1
1976... 6.8 9.7 7.4 5.0 2.4 2.2 2.1 3.6 2.5 4.7 5.7 5.3 8.0 3.2 2.7 5.2 4.8
1977... 4.3 5.9 6.5 7.0 5 .4 7.5 5.4 7.0 7.6 7.9 7.3 2 .3 5.6 6.6 6.7 5.8 6.2
1978... 3.2 3.7 9.4 6.5 5.2 4.7 7 .0 5.8 5.2 5.5 9.0 3.8 5.4 5.5 6.0 6.1 5.8
1979.. . 2.7 0.9 1.4 0.9 -0.9 2.8 3.1 2.2 0.4 1.0 1.5 2.3 1 .7 0.9 1.9 1.6 1.5
1980... -0.6 -2.1 -5 .8 -5 .9 -4.7 -2.9 -0.7 -0.7 4.2 6.7 8.9 8.1 -2.8 -4.5 0.9 7.9 0.4
1981... 6.2 5 .1 1.5 0.3 1.4 4.1 8.8 5.2 0.7 -3.9 -3.7 -3.4 4.3 1.9 4.9 -3.7 1.9
1982... 0.7 0.4 3.5 -0.4 -2.9 -4.9 -5.3 -2.2 -2.6 2.0 4.0 5.7 1.5 -2.7 -3.4 3.9 -0.2
1983... 0.3 0.0 0.8 4.5 6.3 6.3 5.2 4.8 9.4 9.5 10.0 9.2 0.4 5.7 6.5 9.6 5.5
1984... 11.6 9.0 7.5 5.9 9.5 7.1 6.0 9.4 7.5
NOTE: Percent changes are centered within the spans: 1-month changes are placed on the 2d month an 3-month changes
id (SEPTEMBER 1984)
are placed on the 3d month. Quarterly and annual figures are averages of the centered changes.
'This series contains revisions beginning with 1981. 2 This series contains revisions beginning wit 1980.
ig with
97
September 1984
C. Historical Data for Selected Series—Continued
Year Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. IQ II Q III Q IV Q Annual
52 . P E R S O N A L INCOM E , TOTAL, I N 1 9 7 2 DOLLARS
RS)
1950... 385 .7 389.7 398.8 390.4 389.9 390.5 393.2 391.4 390.3 397.5 406.3 396.4
1951... 406.7 403.8 407.2 414.0 414.9 419.2 417.7 422.6 420.0 423.3 422.7 422.3 405.9 416.0 420.1 422.8 416.2
1952... 419.3
1953... 448.1 449.7 454.1 454.6 456.6 457.8 456.3 453. 452.4 456.0 455.4 453.2 450.6 456.3 454.2 454.9 454.0
1954... 449.6 449.8 448.0 446.2 448.3 448.6 449.4 453. 456.7 459.7 462.3 465.1 449.1 447.7 453.1 462.4 453.1
1955 ... 466.0 467.2 471.7 475.7 480.5 482.9 488.8 489. 491 .3 495.3 497.5 500.6 468.3 479.7 489.8 497.8 483.9
1956... 500.0 501.4 501.2 506.8 505.2 506.7 501.5 508. 512.3 516.0 515.9 516.4 500.9 506.2 507.5 516.1 507.7
1957... 514.9 517.3 518.8 519.6 519.6 521.9 522.7 523. 522.1 522.9 520.9 517 .9 517.0 520.4 522.8 520.6 520.2
1958... 514.2 514.4 514.9 512.1 514.6 517.2 526.8 525.7 528.6 529.8 535.2 536.3 514.5 514.6 527.0 533.8 522.5
1959... 534.3 536.7 541 .8 544.9 547.1 548.3 548.5 542.7 542.5 543.5 549.4 557.2 537.6 546.8 544.6 550.0 544.7
1960... 558.9 556.9 555.7 559.2 562.1 562.5 561.6 561.2 560.7 561.7 559.4 556.9 557.2 561.3 561.2 559.3 559.7
1961... 562.4 564.5 566.3 567.3 571.4 576.6 577.4 577.9 578.4 583.5 589.1 591.9 564.4 571.8 577.9 588.2 575.6
1962... 590.0 593.4 596.9 599.7 600.3 602.2 604.3 605.2 605.0 607.3 608.8 610.6 593.4 600.7 604.8 608.9 602.0
1963... 615.3 611.8 614.1 616.5 618.9 622.1 622.6 624.8 628.7 631.8 631.7 636 .2 613.7 619.2 625.4 633.2 622.9
1964... 639.4 642.5 645 .9 650.5 654.0 656.6 659.4 664.6 667.4 667.3 672.0 678.9 642.6 653.7 663.8 672.7 658.2
1965... 683.6 682.4 683.5 687.5 693.1 696.6 699.4 701.2 719.4 714.7 719.9 723.3 683.2 692.4 706.7 719.3 700.4
1966... 724.4 728.7 730.7 731.9 734.9 739.1 741.8 744.5 748.1 751.2 755.4 756.5 727.9 735.3 744.8 754.4 740.6
1967... 763.1 764.2 767.4 768.0 769.3 771.9 775.8 779.3 780.1 779.3 785 .1 790.8 764.9 769.7 778.4 785 .1 774.5
1968... 789.8 795 .8 801 .9 805.8 811 .3 816.1 821.6 825 .2 827.2 829.2 832.3 835.7 795.8 811.1 824.7 832.4 816.0
1969... 836.8 841.9 845.4 848.1 849.8 852.0 856.7 860.6 861.7 863.1 861.3 863.9 841.4 850.0 859.7 862.8 853.4
1970... 862.7 865.1 868.9 886.4 879.0 878.2 880.3 882.8 884.5 878.3 876.7 879.6 865.6 881.2 882.5 878.2 876.9
1971... 886.5 888.2 892.0 892 .6 895.0 910.9 898.1 902.1 904.0 905 .6 909.5 917.4 888.9 899.5 901.4 910.8 900.2
1972. . . 924.9 932.9 936.8 940.7 943.6 933.8 948.3 955.8 956.5 972.8 983.3 987.3 931.5 939.4 953.5 981.1 951.4
1973... 990.9 998.9 999.9 1000.4 1001.8 1004.3 1011.4 1006 .9 1015.2 1018.4 1020.5 1017.2 996.6 1002.2 1011.2 1018.7 1007.2
1974. . . 1009 .4 1003.2 998.8 1001.8 1005.3 1008.3 1012.8 1007.3 1002.3 1003.8 996.0 995 .0 1003.8 1005.1 1007.5 998.3 1003.7
1975... 989.9 991.3 991.6 994.3 1003.3 1021.1 1009.1 1017.1 1021.7 1025.1 1026.7 1025.4 990.9 1006.2 1016.0 1025 .7 1009.7
1976... 1035.3 1044.7 1047.3 1050.6 1052.8 1052.0 1058.7 1061.0 1062.0 1062.4 1071.8 1075.6 1042.4 1051 .8 1060.6 1069.9 1056.2
1977... 1075.4 1080.5 1089.1 1091.2 1095 .6 1097.7 1109.0 1110.9 1118.8 1126 .9 1130.6 1137.2 1081.7 1094.8 1112.9 1131.6 1105.2
1978... 1133.3 1137.7 1145 .6 1153.8 1150.8 1155.2 1167.8 1171.3 1172.7 1179.6 1183.8 1195.4 1138.9 1153.3 1170.6 1186.3 1162.2
1979... 1189.6 1190.5 1197.3 1194.1 1193.6 1194.0 1207.7 1210.8 1212.2 1192.5 1193.9 1207.3 1210.2 1201.0
1980... 1217.3 1210.0 1206.4 1200.1 1196.3 1196.5 1207.7 1206.0 1207 .5 1217.1 1222.1 1227.9 1211.2 1197.6 1207.1 1222.4 1209.6
1981... 1236.1 1237.4 1241.0 1238.8 1236.5 1243.5 1256.2 1266.0 1262.8 1256.6 1254.9 1253.0 1238.2 1239.6 1261.7 1254.8 1248.6
1982... 1246.4 1256.2 1255.0 1260.4 1258.9 1248.3 1251.9 1248.9 1249.3 1249.2 1261.9 1267.3 1252.5 1255.9 1250.0 1259.5 1254.5
1983... 1264.1 1260.9 1265.7 1268.0 1275.6 1282.6 1283.3 1284.9 1291.1 1306.2 1312.1 1321.2 1263.6 1275.4 1286.4 1313.2 1284.6
1984...
VANNU RAT , ; A V E R A G E FOR P E R I O D
1950... 98.0 96.9 100.7 103.1 105.4 106.7 109.4 112.0 112.1 115.0 116.3 116.0 98.5 105.1 111.2 115.8 107.6
1951... 115.5 115.1 116.9 118.7 118.3 119.4 119.6 119.4 119.0 117.9 118.6 119.8 115.8 118.8 119.3 118.8 118.2
1952... 120.8 121.9 122.9 121.1 122.0 120.6 115.9 134.4 121.9 121.2 123.3 132.4 124.7
1953... 135.1 136.5 137.7 137.8 138.0 137.0 137.6 136.6 134.2 134.3 133.0 131.5 136.4 132.9 135.8
1954... 129.7 129.7 129.0 128.6 128.6 128.2 127.6 127.7 127.7 130.1 132.7 133.3 129.5 128.5 127.7 132.0 129.4
1955... 134.1 135.4 137.4 138.6 141.1 141.8 142.7 142.9 143.4 145.0 146.9 147.3 135.6 140.5 143.0 146.4 141.4
1956... 148.1 148.2 148.9 151.3 149.8 150.2 147.1 150.9 152.5 153.8 153.2 155.1 148.4 150.4 150.2 154.0 150.8
1957... 151.6 152.1 151.3 151.3 149.8 148.8 147.5 145 .3 153.9 152.1 150.8 147.2 151.0
1958... 142.8 139.4 138.3 136.0 136.0 137.5 147. 140.2 136.5 141.1 145.6 140.8
1959... 149.0 150.1 152.6 154.4 156.2 156.9 156.1 152.0 151.6 150.6 152.2 156. 150.6 155.8 153.2 153.2 153.2
1960... 158.9 159.1 158.3 157.5 158.0 156.7 156.4 155.2 154.1 153.7 151.9 148. 158.8 157.4 155.2 151.5 155.7
1961... 150.3 149.8 150.5 151.8 153.2 155.3 155.4 156.4 154.7 157.7 160.0 160. 150.2 153.4 155 .5 159.5 154.7
1962... 159.9 161.3 162.6 164.5 164.0 164.4 165.0 164.7 165.2 164.8 165.4 165. 161.3 164.3 165.0 165.3 164.0
1963... 166.1 165.9 166 .2 167.1 168.5 169.1 169.1 169.1 170.5 171.0 171.4 172. 166.1 168.2 169.6 171.7 168.9
1964... 171.0 174.3 175.3 176.6 177.0 177.6 178.8 180.4 181.5 173.5 177.1 180.2 181.6 178.1
1965... 184.7 186.4 186.9 185 .9 187.5 188.0 188.5 189.9 190.5 192.5 194.1 195. 186.0 187.1 189.6 194.1 189.2
1966... 196.7 198.4 19.9.8 201.5 202.0 204.1 204.3 205. 205 .6 205.8 206.1 206. 198.3 202.5 205.0 206.0 203.0
1967... 207.3 205.2 205.8 205.5 204.9 205.4 206.1 207. 206.3 205.9 208.9 210.5 206.1 205.3 206 .7 208.4 206.6
1968... 210.5 213.4 213.7 214.6 216.4 216.2 216.4 216. 217.6 218.7 220.1 220 .6 212.5 215.7 216.8 219.8 216.2
1969... 221.1 221.2 222.6 223 .0 223.9 224.2 224.7 225. 225 .1 224.8 222.6 223.0 221.6 223.7 225.0 223.5 223.4
1970... 220.6 219.7 220.2 217.8 215.2 215.5 215.7 214. 212.1 206.8 205.3 208.9 220.2 216.2 214.2 207.0 214.4
1971... 210.1 209.7 210.1 210.8 212.3 211.3 210.7 210. 210.5 211.1 211.5 214.4 210.0 211.5 210.5 212.3 211.1
1972... 228.8 230.0 218.5 222.0 223.2 228.7 223.1
1973... 232.3 234.7 233.7 234.2 234.4 235.2 237 .2 233. 235.0 235.4 236.2 236.2 233.6 234.6 235.2 235.9 234.8
1974... 233.3 232.4 231.0 230.5 231.2 231.0 229.9 229.4 227.6 226.6 219.7 216.5 232.2 230.9 229.0 220.9 228.3
1975... 213.2 208.1 206.8 205.7 206.9 206.8 205.6 208.9 210.2 210.8 211.2 213.2 209.0
1976... 216.6 217.9 218.9 220.0 220.8 220.0 221.0 221.7 221.8 221.3 224.2 225.1 217 .8 220.3 221 .5 223.5 220.8
1977... 223.0 225.0 227.3 229.1 231.2 233.4 233.8 234.0 235.9 236.9 237.2 236.1 225.1 231.2 234.6 236.7 231.9
1978... 235.2 236.7 239.7 244.2 244.0 245 .1 246.3 246.6 247.5 248.0 249.7 251.1 237 .2 244.4 246.8 249.6 244.5
1979... 251.6 251.1 251.9 249.5 248.6 247.9 248.3 246.3 246.7 244.6 242.6 242 .2 251.5 248.7 247.1 243.1 247.6
1980... 241.8 240.1 237.7 233.6 230.2 227.7 226.5 229.4 230.4 231.3 232.4 232.8 239.9 230.5 228.8 232.2 232.8
1981... 234.0 230.4 231.6 231.2 231.0 231.8 231 .1 231.0 228.5 228.3 230.0
1982... 222.9 223.7 222.7 221.8 220.2 217.1 214.8 212.7 211 .0 208.3 207.3 208.4 223.1 219.7 212.8 208.0 215.9
1983... 213.5
1984...
69. M A N U F A C T U R E R S ' M A C H I N E R Y A N D E Q U I P M E N T SALES A N D B U S I N E S S C O N S T R U C T I O N
EXPENDITURES ( A N N U A L RATE, B I L L I O N S OF DOLLARS)
1951 ...
1953... 33.49 33.85 33.28 34.04 33.70 32.31 32.82 31.30 31.39 31.93 31.02 30.48 33.54 33.35 31.84 31.14 32!47
1954... 31.49 28.55 28.64 28.21 28.96
1955... 29.70 31.14 30.86 32.26 33.24 34.51 32.72
1956... 34.51 35.07 35.56 38.0,2 38.51 39.99 39.50 39.51 39.34 40.62 41 .84 42.51 35.05 38.84 39.45 41.66 38.75
1957... 41.77 42.65 41 .47 41.29 40.89 40.68 39.99 41.24 40.39 40.62 40.01 38.09 41.96 40.95 40.54 39.57 40.76
1958... 38.04 36.64 36.47 35.24 34.63 35.45 34.32 35.16 35.26 35.07 36.04 35.74 37.05 35.11 34.91 35.62 35.67
1959... 36.71 37.56 37.99 38.39 39.50 39.79 41.31 40.24 40.74 40.50 40.17 41.08 37 .42 39.23 40.76 40.58 39.50
1960... 41.00 40.62 41.20 41.62 41.92 41.59 42.53 40.26 41.31 40.97 40.65 41.08 40.94 41.71 41.37 40.90 41.23
1961... 40.60 40.81 40.27 40.42 40.07 40.58 39.90 41.69 42.16 42.58 42.90 43.17 40.56 40.36 41.25 42.88 41.26
1962... 42.41 43.51 44.23 44.82 45.51 45.66 45.10 46.17 45.30 45 .12 45.16 44.10 43.38 45.33 45 .52 44.79 44.76
1963... 44.34 45.16 44.72 46.07 46.87 46.60 47.58 47.82 48.18 48.91 48.45 48.65 44.74 46.51 47.86 48.67 46.95
1964... 50.23 50.04 50.57 51.32 52.58 53.35 55.65 53.98 54.64 55.26 55.66 57.15 50.28 52.42 54.76 56.02 53.37
1965... 57.47 58.39 60.22 61.01 61.24 61.38 62.42 62.02 64.06 65.42 66.65 68.95 58.69 61.21 62.83 67.01 62.44
1966... 68.12 68.05 70.90 71.08 71.24 72.83 73.78 75.01 74.94 75.80 74.33 75.05 69.02 71.72 74.58 75.06 72.59
1967... 73.16 72.80 72.08 71.47 71.89 73.12 73.51 74.35 74.52 73.56 74.63 77.93 72.68 72.16 74.13 75.37 73.58
1968... 94.67 91.65 92.59 93.90 91.69 91.34 91.55 92.42 93.96 95.40 96.66 94.18 92.97 92.31 92.64 95.41 93.33
1969... 97.66 99.90 102.45 101.35 101 .65 102.92 104.87 105.15 107.83 107 .10 106.32 106.30 100.00 101.97 105.95 106.57 103.62
1970... 103.16 105.99 104.72 105.25 104.91 101 .86 103 .86 103.13 101 .22 100.38 100.98 102.38 104.62 104.01 102.74 101.25 103.15
1971... 101 .47 101.95 103.46 101.79 103.23 104.85 102.98 104.14 106.02 105.56 106.78 113.33 102.29 103.29 104.38 108.56 104.63
1972... 114.28 113.74 114.87 114.97 115.20 115.25 114.70 116.65 115.40 116.57 119.32 120.90 114.30 115.14 115.58 118.93 115.99
1973... 125 .44 124.03 127.84 132.27 133.44 135.94 140.74 139.88 142 .47 145 .34 150.63 149.53 125.77 133.88 141.03 148.50 137.30
1974... 151.09 153.01 153.04 154.28 156.28 161.95 159.60 159.53 164.83 168.28 169.02 163.26 152.38 157.50 161.32 166.85 159.51
1975... 164.03 164.23 159.61 160.46 159.70 159.34 158.94 159.52 158.88 161.93 160.27 158.80 162.62 159.83 159.11 160.33 160.48
1976... 160.01 164.79 165.88 167.62 170.60 170.05 170.88 173.76 173.20 175.04 178.03 185.00 163.56 169.42 172.61 179.36 171.24
1977... 182.57 184.67 188.71 191 .65 194.58 191 .47 198.04 201 .65 202.57 207 .83 208.36 210.59 185 .32 192.57 200.75 208.93 196.89
1978... 209.79 215.32 217.65 230.04 227.08 234.77 237.90 245 .02 251 .57 253.87 257.12 260.90 214.25 230.63 244.83 257.30 236.75
1979... 266.09 267.49 278.96 275.68 281.45 280.52 291.48 298.38 295.01 302.51 296.21 304.69 270.85 279.22 294.96 301 .14 286.54
1980... 312.93 319.92 315.35 310.17 310.74 309.87 314.64 305.52 320.61 324.14 323.35 324.08 316.07 310.26 313.59 323.86 315.94
1981... 334.28 332.30 343.44 346.37 346.15 351 .56 350.19 359.23 358.69 350.92 357.37 350.90 336.67 348.03 356.04 353.06 348.45
1982... 335.85 345.85 343.90 329.13 335.67 329.55 326.30 316.14 318.53 310.36 309.83 307.12 341.87 331.45 320.32 309.10 325.69
1983... 307.65 298.73 310.69 308.89 302.96 327.25 319.56 320.14 331.57 325.11 339.42 354.91 305.69 313.03 323.76 339.81 320.57
1984...
NOTE: These series contain revisions beginning with 1981. (SEPTEMBER 1984)
September 1984
C. Historical Data for Selected Series—Continued
Year Jan. Feb. Mar. Apr. May June July Aug. Sept. Oct. Nov. Dec. IQ II Q III Q IV Q Annual
95 . RATIO, CONSUMER INSTALLMENT CREDIT TO PERSONAL I N C O M E 1
(PERCENT) AVERAGE FOR PERIOD
1950... .65 5.72 5.70 5.93 .06 5.69 6.07 6.40 6.36 6.13
1951... .31 6.29 6.23 .12 .07 6.02 5.97 5.95 5.98 5 .95 5.99 6.03 6.28 6 .07 5.97 5.99 6.08
1952... .11 6.06 6.09 .16 .30 6.50 6.67 6.60 6.67 .85 7.01 7.15 6.09 6.32 6.65 7.00 6.51
1953... .28 7.38 7.52 .64 .74 7.80 7.93 8.04 8.12 .14 8.26 8.29 7.39 7.73 8.03 8.23 7.84
1954... .29 .26 .27 .30 .27 8.28 .29 8.26 8.24 .23 8.20 8.26 8.27 8.28 8.26 8.23 8.26
1955... .32 .40 .52 .61 .71 8.86 .86 9.02 9.13 8.73 9.00 9.21 8.84
1956... .33 .37 .45 .44 .50 9.49 .55 9.49 9.47 .44 9.52 9.52 9.38 9.48 9.50 9.49 9.46
1957... .57 .55 .56 .59 .62 9.60 .63 9.64 9.73 .78 9.81 9.87 9.56 9.60 9.67 9.82 9.66
1958... .87 .86 .76 .75 .69 9.60 .43 9.42 9.39 .36 9.28 9.32 9.83 9.68 9.41 9.32 9.56
1959... 9.41 .45 .48 9.51 9.57 9.64 .77 10.01 10.14 10.27 10.27 10.20 9.45 9.57 9.97 10.25 9.81
1960... 10.28 10.38 10.51 10.55 10.59 10.68 10.73 10.78 10.83 10.83 10.90 11.00 10.39 10.61 10.78 10.91 10.67
1961... 10.97 10.93 10.85 10.79 10.70 10.60 10.57 10.59 10.61 10.56 10.52 10.53 10.92 10.70 10.59 10.54 10.68
1962... 10.57 10.59 10.54 10.59 10.67 10.74 10.80 10.87 10.90 10.97 11.04 11.10 10.57 10.67 10.86 11.04 10.78
1963... 11.11 11.30 11.33 11.42 11.47 11.50 11.61 11.68 11.73 11.80 11.88 11.88 11.25 11.46 11.67 11.85 11 .56
1964... 11.95 11.94 12.11 12.13 12.20 12.26 12.32 12.34 12.42 12.52 12.51 12.50 12.00 12.20 12.36 12.51 12.27
1965... 12.54 12.70 12.72 12.80 12.83 12.85 12.91 12.98 12.75 12.91 12.91 12.91 12.65 12.83 12.88 12.91 12.82
1966... 12.97 12.97 12.96 12.96 12.97 12.92 12.93 12.89 12.84 12.82 12.81 12.85 12.97 12.95 12.89 12.83 12.91
1967... 12.80 12.85 12.77 12.74 12.70 12.66 12.60 12.58 12.60 12.59 12.56 12.52 12.81 12.70 12.59 12.56 12.66
1968... 12.46 12.34 12.42 12.43 12.40 12.40 12.40 12.39 12.39 12.43 12.46 12.51 12.41 12.41 12.39 12.47 12.42
1969... 12.57 12.67 12.62 12.64 12.69 12.71 12.69 12.67 12.70 12.72 12.77 12.71 12.62 12.68 12.69 12.73 12.68
1970... 12.76 12.75 12.67 12.36 12.45 12.52 12.55 12.54 12.53 12.57 12.52 12.50 12.73 12.44 12.54 12.53 12,56
1971... 12.70 12.73 12.69 12.70 12.70 12.49 12.74 12.77 12.85 12.91 12.96 12.94 12.71 12.63 12.79 12.94 12.76
1972... 12.84 12.67 12.83 12.90 12.96 13.25 13.12 13.13 13.19 13.06 13.02 13.07 12.78 13.04 13.15 13.05 13.00
1973... 13.34 13.35 13.39 13.45 13.55 13.60 13.66 13.68 13.67 13.69 13.69 13.70 13.36 13.53 13.67 13.69 13.56
1974... 13.77 13.80 13.74 13.70 13.64 13.61 13.56 13.61 13.59 13.49 13.48 13.41 13.77 13.65 13.59 13.46 13.62
1975... 13.46 13.49 13.32 13.21 13.05 12.76 12.91 12.82 12.79 12.77 12.78 12.82 13.42 13.01 12.84 12.79 13.02
1976... 12.77 12.56 12.81 12.86 12.88 12.96 12.96 12.99 13.05 13.12 13.06 13.13 12.71 12.90 13.00 13.10 12.93
1977... 13.30 13.34 13.39 13.51 13.61 13.68 13.67 13.75 13.80 13.82 13.90 13.95 13.34 13.60 13.74 13.89 13.64
1978... 14.11 14.19 14.22 14.22 14.37 14.48 14.46 14.52 14.56 14.53 14.59 14.61 14.17 14.36 14.51 14.58 14.40
1979... 14.77 14.89 14.85 14.97 15.03 15.02 14.92 14.93 15.00 15.00 15 .02 14.97 14.84 15.01 14.95 15.00 14.95
1980... 14.94 14.79 14.90 14.81 14.60 14.38 14.11 14.04 13.88 13.73 13.61 13.52 14.88 14.60 14.01 13.62 14.28
1981... 13.41 13.45 13.40 13.44 13.47 13.38 13.24 13.15 13.19 13.23 13.18 13.12 13.42 13.43 13.19 13.18 13.30
1982... 13.17 13.11 13.11 13.09 13.10 13.16 13.08 13.09 13.09 13.04 12.96 13.14 13.13 13.12 13.09 13.05 13.10
1983... 13.22 13.23 13.27 13.24 13.21 13.26 13.35 13.42 13.39 13.43 13.51 13.59 13.24 13.24 13.39 13.51 13.34
1984...
108. RATIO, PERSONAL INCOME TO MONEY SUPPLY M2
(RATIO)
1950... 1.064 1.067 1.064 1.066 1.085 1.104 1.113 1.125 1.133 1.155 1.078 1.066 1.101 1.138 .095
1951... 1.157 1.168 1.175 1.187 1.190 1.195 1 .186 1.195 1.189 1.197 1.192 1.189 1.167 .191 1.190 1.193 .185
1952... 1.177 1.188 1.188 1.182 1.191 1.193 1.185 1.212 1.218 1.219 1.210 1.215 .184 .189 1.205 1.215 .198
1953... 1.217 1.223 1.229 1.227 1.229 1.232 1.227 1.221 1.220 1 .224 1.215 1.208 .223 .229 1.223 1.216 .223
1954... 1.203 1.203 1.195 1.191 1.185 1.182 1.178 1.178 1.183 1.186 1.192 1.194 .200 .186 1.180 1.191 .189
1955... 1.194 1.193 1.204 1.213 1.218 1.223 1.238 1.239 1.245 1.249 1.259 1.264 .197 .218 1.241 1.257 .228
1956... 1.266 1.273 1.276 1.284 1.287 1.292 1.286 1.305 1.309 1.321 1.317 1.321 .272 .288 1.300 1.320 .295
1957... 1.316 1.326 1.327 1.327 1.329 1.337 1.339 1.342 1.337 1.331 .323 .331 1.339 1.334 .332
1958... 1.333 1.316 1.312 1.299 1.295 1.290 1.308 1.299 1.303 1.301 1.309 1.313 .320 .295 1.303 1.308 .306
1959... 1.303 1.305 1.310 1.316 1.316 1.317 1.313 1.298 1.301 1.303 1.314 1.330 .306 .316 1.304 1.316 .310
1960... 1.332 1.332 1.329 1.338 1.339 1.335 1.327 1.317 1.313 1.312 1.304 1.291 .331 .337 1.319 1.302 .322
1961... 1.294 1.291 1.288 1.283 1.284 1.289 1.289 1.282 1.278 1.283 1.286 1.286 .291 .285 1.283 1.285 .286
1962... 1.278 1.277 1.277 1.275 1.271 1.269 1.267 1 .264 1.264 1.258 1.255 1.251 .277 .272 1.265 1.255 .267
1963... 1.253 1.239 1.235 1.230 1.227 1.230 1.223 1.221 1.222 1.221 1.215 1.222 .242 .229 1.222 1.219 .228
1964... 1.222 1.221 1.222 1 .224 1.225 1.223 1.220 1.220 1.217 1.211 1.211 1.218 .222 .224 1.219 1.213 .220
1965... 1.219 1.213 1.212 1.214 1.221 1.223 1.220 1.218 1.241 1.225 1.227 1.228 1.215 .219 1.226 1.227 .222
1966... 1.225 1.231 1.233 1.232 1.235 1.243 1.251 1.257 1.261 1.265 1.270 1.267 1.230 .237 1.256 1.267 .248
1967... 1.273 1.267 1.264 1.259 1.252 1.249 1.247 1.244 1.240 1.234 1.240 1.246 1 .268 .253 1.244 1.240 .251
1968... 1.249 1.252 1.260 1.262 1.267 1.269 1.273 1.274 1.274 1.273 1.273 1.272 1.254 .266 1.274 1.273 .266
1969... 1.271 1.277 1.283 1.288 1.295 1.300 1.309 1.318 1.321 1.324 .303
1970... 1.324 1.339 1.346 1.376 1.362 1.356 1.356 1.351 1.346 1.332 1.326 1.323 1.336 .365 1.351 1.327 .345
1971... 1.325 1.313 1.305 1.293 1.284 1.259 1.257 1.263 1.314 .293 1.272 1.260 .285
1972... 1.264 1.266 1.260 1.259 1.259 1.237 1.244 1.242 1.235 1.244 1.250 1.247 1.263 .252 1.240 1.247 .251
1.264 1.270 1.277 1 .289 1.295 1.299 1.296 1.254 .265 1.279 1.297 .273
1974... 1.292 1.292 1.291 1.299 1.313 1.321 1.331 1.332 1.333 1.338 1.330 1.332 .292 1.311 1.332 1.333 .317
1975... 1.325 1.320 1.310 1.304 1.301 1.312 1.294 1.299 1.297 1.301 1.296 1.292 .318 1.306 1.297 1.296 .304
1976... 1.294 1.289 1.283 1.278 1.271 1.271 1.273 1.267 1.261 1.253 1.254 1.248 .289 1.273 1.267 1.252 .270
1977... 1.241 1.243 1.245 1.240 1.239 1.241 1.248 1.248 1.251 1.256 1.259 1.263 .243 1.240 1.249 1.259 .248
1978... 1.256 1.262 1.271 1.281 1.282 1.290 1.302 1.306 1.305 1.314 1 .320 1.327 .263 1.284 1.304 1.320 .293
1979... 1.328 1.333 1.340 1.334 1.335 1.357 1.366 1 .370 .334 1.334 1.348 1.364 .345
1980... 1.378 1.373 1.381 1.385 1.381 1.372 1.377 1.375 1.377 1.386 1.390 1 .403 .377 1 .379 1 .376 1.393 .382
1981... 1.416 1.416 1.416 1.405 1.405 1.412 1.428 1.433 1.432 1.420 1.412 1.400 .416 1.407 1.431 1.411 .416
1982... 1.390 1.398 1.393 1.392 1.386 1.379 1.380 1.366 1.358 1.357 1.359 1.352 1.394 1.386 1.368 1.356 .376
1983... 1.318 1.293 1.292 1.294 1.292 1.292 1.291 1.293 1.297 1.299 1.299 1 .302 1.301 1.293 1.294 1.300 1.297
1984...
223. PERSONAL INCOME IN CURRENT DOLLARS
(ANNUAL RATE, BILLIONS OF DOLLARS) AVERAGE FOR PERIOD
1950... 216.4 219.4 224.5 219.8 220.3 221.4 225.7 230.1 232.2 235.3
1951... 244.0 246.7 249.2 252.1 253.5 255.3 254.8 257.8 258.3 261 .2 262.1 263.1 246.6 253.6 256.9 262.1 254.9
1952... 261.2 265.0 265.6 265.2 268.2 269.7 268.7 276.2 279.0 280.1 279.4 281.5 263.9 267.7 274.6 280.4 271.8
1953... 282.3 284.2 287.0 287.3 288.6 289.8 289.3 288.6 288.6 290 .5 288.7 287.8 284.5 288.6 288.8 289.0 287.7
1954... 287.3 288.3 289.6
1955... 297.8 299.5 301 .9 304.9 307.5 308.6 313.3 313.6 315.9 317.5 319.9 321.9 299.6 306 .9 314.2 319.7 310.3
1956... 341.6 332.6
1957... 342.9 346.1 347.6 348.1 349.7 352.3 353.9 355.5 354.5 354.5 354.7 353.7 345.5 350.0 354.6 354.2 351 .0
1958... 353.8 353.4 355.3 354.4 355 .6 357.4 364.0 363.8 365.8 366.6 370.9 372.7 354.2 355.8 3.64.5 370.1 361.1
1959... 373.5 375.7 378.7 382.0 384.6 387.1 387.8 384.8 385.7 386.4 390.6 396.2 376.0 384.6 386.1 391.1 384.4
1960... 397.4 397.6 397.9 401.5 403.0 403.3 403.8 404.1 404.8 406.1 405.6 403.2 397.6 402.6 404.2 405.0 402.3
1961... 406.6 408.7 410.0 410.7 413.7 418.0 419.8 420.1 421.1 424.8 414.1 420.3 428.4 417.8
1962... 431.3 434.4 438.1 440.8 441.8 443.2 444.8 446.0 448.3 449.4 451.7 453.7 434.7 441 .9 446.3 451.6 443.6
1963... 457.8 455.8 457.5 466.3 468.6 471.5 474.5 475.7 480.3 457.0 462.1 468.8 476.9 466.2
1964... 483.4 485.7 488.3 491.8 495.1 497.7 500.5 504.4 507.2 507 .8 511.4 517.3 485.8 494.9 504.0 512.1 499 .2
1965... 521.6 522.0 524.9 528.7 533.7 537.8 540.6 542.7 557.5 554.6 559.4 564.2 522.8 533.4 546.9 559.4 540.7
1966... 566.5 572.0 575.8 578.2 580.6 585.4 589.0 594.1 599.2 571.4 581.4 594.1 605.7 588.2
1967... 613.5 614.4 618.5 619.8 622.4 626.8 631.5 635.9 638.1 639.8 646.1 653.2 615 .4 623.0 635.2 646.4 630.0
1968... 656.3 663.7 671.2 676.1 683.1 688.8 695 .1 700.6 705.6 710.6 715.8 720.4 663.7 682.7 700.4 715.6 690.6
1969... 723.8 729.9 736.3 742.1 747.0 752.3 759.0 765.1 769.5 773.3 776.0 781.8 730.0 747.1 764.5 777.0 754.7
1970... 783.3 788.1 793.3 812.8 808.7 809.7 814.3 819.2 824.4 823.0 825.0 831.2 788.2 810.4 819.3 826.4 811.1
1971... 840.4 843.8 850.1 854.2 859.2 879.0 869.4 875.9 878.7 882.1 888.6 900.0 844.7 864.1 874.7 890.3 868.4
1972... 910.1 921.7 927.4 933.2 938.9 931.0 948.3 958.7 964.2 982.5 996.1 1004.1 919.7 934.4 957.1 994.2 951.4
1973... 1011.7 1025.9 1034.9 1042.4 1049.9 1058.5 1068.0 1077.4 1088.3 1098.9 1110.3 1115.9 1024.2 1050.3 1077.9 1108.3 1065.2
1974... 1118.4 1124.6 1131.6 1142.1 1157.1 1168.6 1181.9 1186.6 1193.7 1204.5 1204.2 1209.9 1124.9 1155.9 1187.4 1206.2 1168.6
1975... 1208.7 1214.3 1219.7 1228.0 1242.1 1272.3 1269.5 1285.6 1295 .5 1307.0 1315.2 1321 .7 1214.2 1247.5 1283.5 1314.6 1265.0
1976... 1338.6 1350.8 1356.2 1365.8 1375.0 1380.2 1394.3 1404.8 1413.5 1422.6 1440.5 1452.1 1348.5 1373.7 1404.2 1438.4 1391.2
1977... 1460.4 1477.1 1493.1 1502.6 1514.1 1526.9 1548.2 1559.7 1575.3 1593.5 1608.9 1625.0 1476.9 1514,5 1561.1 1609.2 1540.4
1978... 1628.5 1642.9 1663.4 1686.9 1700.9 1720.1 1745.9 1761.6 1777.8 1801.2 1819.5 1843.3 1644.9 1702.7 1761.8 1821.3 1732.7
1979... 1853.4 1870.2 1891.8 1902.2 1915.8 1931.9 1965.3 1983.1 1997.4 2016.8 2034.2 2052.2 1871.8 1916.6 1981.9 2034.4 1951.2
1980... 2079.2 2089.7 2107.5 2108.5 2116.2 2129.8 2165.4 2184.0 2208.5 2239.4 2264.5 2291.2 2092.1 2118.2 2186.0 2265.0 2165.3
1981... 2322.7 2341.2 2364.2 2374.8 2385.3 2408.6 2452.2 2483.9 2499.1 2498.1 2507.3 2516.1 2342.7 2389.6 2478.4 2507.1 2429.5
1982... 2521.5 2542.6 2545.2 2561.2 2570.7 2572.7 2591.4 2591.5 2599.8 2617.0 2645 .0 2656.3 2536.5 2568.2 2594.3 2639.5 2584.6
1983... 2659.7 2656.8 2671.8 2693.2 2715.8 2734.4 2744.9 2759.9 2785.0 2814.9 2834.2 2860.4 2662.8 2714.4 2763.3 2836.5 2744.2
1984...
NOTE: Unless otherwise noted, these series contain revisions beginning with 1981. (SEPTEMBER 1984)
'This series contains revisions beginning with 1980.
99
September 1984
C. Historical Data for Selected Series—Continued
Year IQ II Q IIIQ IV Q Annual Year IQ II Q III Q | IV Q Annual
16. CORPORATE PROFITS AFTER TAXES IN CURRENT DOLLARS
(ANNUAL RATE, BILLIONS OF DOLLARS) AVERAGE (ANNUAL RATE, BILLIONS OF DOLLARS) AVERAGE
1950.. .. 19.0 22.7 27.7 30.4 25.0 1950... 35.0 41.8 49.7 53.4 45.0
1951.. .. 25.3 21.6 19.7 21.1 21.9 1951... 42.8 36.3 33.0 34.9 36.8
1952.. .. 20.7 19.6 19.5 21.4 20.2 1952... 34.2 32.1 32.1 34.9 33.3
1953.. .. 22.4 22.4 21.8 17.1 20.9 1953... 36.4 36.1 35.0 27.4 33.7
1954.. .. 19.6 20.2 21.4 23.0 21.1 1954... 31.3 32.2 34.2 36.7 33.6
1955.. .. 26.3 26.7 27.5 28.5 27.2 1955... 42.0 42.5 43.1 44.3 43.0
1956.. .. 27.6 28.1 26.5 28.0 27.6 1956... 42.1 42.6 39.6 41.2 41.4
1 95 7 . . . 28.4 27.3 26.7 24.4 26.7 1957... 34.0 39.3 38.3 34.8 36.6
1958.. . 20.5 20.9 23.3 26.7 22.9 1958... 29.5 29.9 33.3 37.8 32.6
1959.. . 28.9 31.3 28.1 27.4 28.9 1 95 9 ... 40.6 43.8 39.1 38.2 40.4
I960.. . 29.6 27.4 26.4 25.2 27.1 1960. .. 41.0 37.9 36.5 35.0 37.6
1961.. . 24.7 26.0 27.5 29.6 26.9 1961... 34.3 36.0 37.9 40.8 37.3
1962.. . 30.4 30.4 31.3 32.2 31.1 1962... 41.8 41 .6 42.8 43.8 42.5
1963.. . 31.5 33.2 34.0 34.8 33.4 1963... 42.8 45.0 46.0 47.0 45.2
1964.. . 38.2 38.1 39.1 38.7 38.5 1964... 51.3 51.1 52.3 51.7 51.6
1965.. . 44.2 45.9 46.4 48.9 46.3 1965... 58.7 60.8 61.1 64.2 61.2
1966.. . 49.8 49.8 49.4 48.5 49.4 1966... 64.8 64.2 63.3 61.4 63.4
1967.. . 46.1 46.1 47.2 49.4 47.2 1967... 58.0 57,7 58.6 60.7 58.7
1968.. . 48.1 49.3 49.5 50.7 49.4 1968... 58.5 59,2 58.9 59.7 59.1
1969.. . 49.6 48.0 46.2 45.0 47.2 1969... 57.8 55,2 52.5 50.5 54.0
1970.. . 41.8 41.6 42.1 39.6 41.3 1970... 46.3 45,5 45.5 42.3 44.9
1971.. . 45.7 47.3 50.8 52.3 49.0 1971... 48.3 49.3 52.4 53.5 50.9
1972.. . 56.2 56.6 59.0 63.9 58.9 1972... 56.9 57..0 58.8 63.6 59.0
1973.. . 73.8 76.8 76.6 79.0 76 .6 1973... 72.4 74.1 72.8 73.8 73.3
1974.. . 82.4 85 .0 90.9 82.2 85.1 1974... 75.2 74.9 77.2 67.0 73.6
1975.. . 69.4 73.2 88.3 95.2 81.5 1975... 55.1 57,0 67.5 71.7 62.8
1976.. . 100.7 102.3 103.5 103.4 102.5 1976... 75.1 75.8 75.7 74.8 75.4
1977.. . 114.9 121.3 126.6 125.3 122.0 1977... 81.9 85.1 87.3 84.9 84.8
1978.. . 129.6 144.1 149.9 159.9 145.9 1978... 86.5 94.2 96.2 100.7 94.4
1979.. . 161.2 164.5 169.6 165.0 165.1 1979... 99.3 99.0 99.8 95.0 98.3
1980.. . 166.2 139.4 146.9 146.7 149.8 1980... 93.3 76.9 79.3 77.6 81.8
1981.. . 150.2 135.4 139.4 135.0 140.0 1981... 78.0 68.8 74.0 66.3 71.8
1982.. . 104.7 106.9 107.0 100.8 104.8 1982... 51.2 51.7 51.5 48.1 50.6
1983.. . 102.6 123.4 142.6 141.1 127.4 1983... 48.9 58.9 67.9 66.4 60.5
1984.. . 1984...
2 2 . RATIO OF PROFITS (AFTER TAXES) TO TOTAL CORPORATE 30. GROSS P RIVATE DOMESTIC INVESTMENT, CHANGE IN BUSINESS
DOMESTIC INCOME (PERCENT) AVERAGE INVENTORIE » • «' AVERAGE
1950 15.2 17.1 19.3 20.1 17.9 1950 4.4 7.7 8.0 22.1 10.6
1951 16.1 13.2 11.8 12.4 13.4 1951 13.4 19.9 14.6 7.0 13.7
1952 12.1 11.6 11.4 11.8 11.7 1952 7.3 -2.7 5.4 7.2 4.3
1953 12.1 12.0 11.8 9.5 11.4 1953 3.9 5.1 1.9 -5.0 1.5
1954 10.9 11.2 11.9 12.2 11.6 1954 -3.4 -4.1 -2.7 1.5 -2.2
1955 13.4 13.2 13.2 13.4 13.3 1955 5.9 8.0 7.8 9.2 7.7
1956 12.7 12.8 11.9 12.4 12.4 1956 7.5 5.5 4.9 5.4 5.8
1957 12.2 11.6 11.3 10.6 11.4 1957 2.5 2.9 3.7 -3.0 1.5
1958 9.3 9.5 10.3 11.4 10.1 1958 -6.8 -6.2 0.3 5.3 -1.8
1959 11.9 12.4 11.2 10.7 11.6 1959 5.5 1 .6 1.4 8.7 7.0
1960 11.1 10.3 10.0 9.6 10.2 1960 12.7 .3 3.4 -5.3 3.5
1961 9.3 9.7 10.0 10.5 9.9 1961 -4.1 .8 6.5 7.7 3.0
1962... . 10.5 10.2 10.4 10.4 10.4 1962 10.4 .1 7.5 5.3 7.8
1963... . 10.1 10.5 10.6 10.7 10.5 1963 7.4 .9 8.0 6.7 7.5
1964... . 11.4 11.3 11.3 11.1 11.3 1964 6.9 .4 5.5 8.6 7.1
1965... . 12.2 12.4 12.4 12.8 12.4 1965 14.8 11.3 11.0 10.0 11.8
1966... . 12.6 12.4 12.1 11.6 12.2 1966 15.6 17.1 13.6 20.8 16.8
1967... . 10.9 10.9 10.9 11.2 11.0 1967 14.5 7.3 11.8 15.2 12.2
1968... . 10.5 10.4 10.1 10.1 10.3 1968 .... 5.4 12.2 9.8 8.6 9.0
1969... . 9.6 9.1 8.5 8.2 8.8 1969..... 11.7 11.8 13.7 7.0 11.1
1970... . 7.5 7.3 7.3 7.0 7.3 1970 2.1 5.0 6.5 1.4 3.8
1971... . 7.8 7.9 8.5 8.5 8.2 1971 .... 11.2 10.4 7.0 3.6 8.1
1972... . 8.7 8.6 8.7 9.1 8.8 1972 6.3 12.1 12.8 9.7 10.2
1973... . 10.0 10.1 9.5 9.6 9.8 1973 16.0 15.2 13.8 23.7 17.2
1974... . 9.6 9.9 10.8 9.7 10.0 1974 13.2 12.6 7.7 12.9 11.6
1975... . 8.1 8.6 10.1 10.3 9.3 1975 .... -14.3 -11.3 1.0 -2.3 -6.7
1976... . 10.7 10.6 10.6 10.4 10.6 1976 10.0 11.3 7.3 2.4 7.8
1977... . 11.2 11.3 11.3 11.2 11.2 1977 10.5 13.8 18.7 10.1 13.3
1978... . 10.9 11.8 11.7 11.8 11.6 1978 17.3 18.4 13.3 15.2 16.0
1979... . 11.6 11.3 11.0 10.6 11.1 1979 12.9 13.7 4.8 -2.3 7.3
1980... . 10.3 8.4 9.0 9.1 9.2 1980 -0.5 -2.1 -10.1 -4.7 -4.4
1981... . 8.9 7.9 7.9 7.3 8.0 1981 .... 8.1 12.4 17.5 7.2 11.3
1982... . 5.7 5.7 5.7 5.3 5.6 1982 -6.7 -4.0 -6.4 -24.6 -10.4
1983... . 5.3 6.3 7.1 6.9 6.4 1983 -16.5 -6.1 0.9 7.2 -3.6
1984... . 1984
34. NET CASH FLOW, CORPORATE, IN CURRENT DOLLARS 35. NET CASH FLOW, CORPORATE IN 1972 DOLLARS
(ANNUAL RATE, BILLIONS OF DOLLARS) AVERAGE OF DOLLARS) AVERAGE
1950. ... 19.3 23.0 27.5 30.1 25.0 1950.. . 36.9 43.5 50.8 54.0 46.3
1951. ... 26.7 23.2 21.8 23.5 23.7 1951.. . 46.2 39.8 36.9 39.4 40.6
1952. ... 23.8 22.4 22.7 24.8 23.3 1952.. . 39.9 37.4 38.0 41.1 39.1
1953. ... 26.3 26.1 26.3 22.4 25.3 1953.. . 43.5 42.9 42.8 36.4 41.4
1954. ... 24.6 26.2 27.5 29.6 26.9 1954.. . 40.1 42.7 44.7 47.8 43.8
1955. ... 32.9 33.8 35.1 36.1 34.3 1955.. . 53.4 54.6 55.1 56.1 54.8
1956. ... 35.4 36.0 34.5 35.8 35.5 1956.. . 53.9 54.1 50.7 51.7 52.6
1957. ... 36.8 36.1 36.1 34.6 36.1 1957.. . 45.2 50.9 50.5 48.1 48.7
1958. ... 31.1 31.2 34.1 38.1 33.7 1958.. . 43.4 43.5 47.4 52.7 46.7
1959. ... 40.1 42.8 39.4 39.2 40.4 1959... . 55.1 58.6 53.6 53.3 55.2
1960. ... 41.6 39.7 38.8 37.9 39.5 1960... . 56.6 54.0 52.7 51.6 53.7
1961. ... 37.8 39.5 40.8 42.7 40.2 1961... . 51.5 53.8 55.6 58.1 54.7
1962. ... 46.3 46.1 47.4 48.5 47.1 1962... . 63.0 62.7 64.4 65.8 64.0
1963. ... 47.9 50.1 51.1 52.2 50.3 1963... . 64.8 67.9 69.2 70.5 68.1
1964. ... 55.5 55.2 56.4 56.0 55.8 1964... . 74.8 74.2 75.7 74.9 74.9
1965. ... 62.1 64.0 65.0 67.3 64.6 1965... . 82.9 85.3 86.1 88.6 85.7
1966. ... 69.1 70.4 71.1 71.7 70.5 1966... . 90.4 91.3 91.5 91.1 91.1
1967. ... 68.9 69.3 71.3 75.1 71.2 1967... . 87.2 87.0 88.6 92.4 88.8
1968. ... 73.4 75.0 75.5 77.7 75.4 1968... . 89.5 90.6 90.2 91.7 90.5
1969. ... 78.4 77.9 77.2 76.7 77.5 1969... . 91.8 90.2 87.9 86.0 89.0
1970. ... 74.5 75.2 76.6 75.3 75.4 1970... . 82.8 82.6 83.0 80.2 82.1
1971. ... 81.6 84.6 89.3 92.2 86.9 1971... . 85.9 88.1 92.0 93.9 90.0
1972. ... 97.2 101.0 102.5 108.8 102.4 1972... . 98.3 101.5 102.1 108.0 102.5
1973. ... 118.9 123.3 123.3 127.6 123.3 1973... . 117.0 119.7 117.7 120.1 118.7
1974. ... 131.8 135.8 143.4 136.1 136.8 1974... . 121.7 120.7 121.8 110.0 118.5
1975. ... 125.5 131.5 147.8 155.9 140.2 1975... . 98.0 100.3 111.1 115.1 106.1
1976. ... 159.6 159.9 161.9 164.4 161.4 1976... . 116.6 115.7 115.3 115.5 115.8
1977. ... 179.0 189.6 197.9 199.1 191.4 1977... . 124.3 129.8 133.2 131.0 129.6
1978. ... 204.7 221.4 228.2 240.7 223.8 1978... . 132.9 140.9 142.1 147.1 140.7
1979. ... 244.5 252.6 262.8 260.7 255.1 1979... . 146.6 148.3 151.0 146.4 148.1
1980. ... 264.2 241.3 253.3 258.3 254.3 1980.. . 145.3 129.5 133.3 133.6 135.4
1981. ... 271.1 261.3 269.9 271.9 268.5 1981.. . 137.9 134.7 131.1 129.6 133.3
1982. ... 249.4 259.0 266.6 266.7 260.4 1982.. . 118.4 121.6 124.3 123.4 121.9
1983. ... 280.0 310.5 339.6 345.6 318.9 1983.. . 130.9 146.2 159.2 160.9 149.3
1984. ... 1984.. .
NOTE: These series contain revisions beginning with 1981. (SEPTEMBER 1984)
100
September 1984
C. Historical Data for Selected Series—Continued
Year IQ II Q III Q IV Q Annual Year IQ II Q III Q IV Q Annual
49. VALUE OF GOODS OUTPUT IN 1972 DOLLARS 55. PERSONAL CONSUMPTION EXPENDITURES, AUTOMOBILES
AVERAGE AVERAGE
1950 250.1 255.7 266.8 273.4 261.5 1950 10.4 10.9 13.2 12.3 11.7
1951 275.4 281.4 288.8 289.3 283.7 1951 12.1 10.3 9.3 8.8 10 .1
1952 289.1 286.4 290.9 302.0 292.1 1952 9 .2 9.5 7.5 10.9 9.3
1953 306.2 310.2 307.6 302.9 306.8 1953 12.3 12.2 12.0 11.5 12.0
1954 294.3 287.0 290.4 298.9 292.7 1954 11.1 11.6 10.8 11 .8 11.3
1955 304.4 315.1 321.6 325.9 316.7 1955 14.2 16.0 16.9 15.7 15.7
1956 321.8 321.0 319.4 321.4 320.9 1956 14.0 13.2 12.9 14.1 13.5
195 7 324.6 322.8 325.0 314.4 321.7 1957 . 15.4 15.0 14.1 14.4 14.7
1958 302.9 303.6 314.8 325.1 311.6 1958 12.3 12.0 11.9 12.7 12.2
1959 327.1 337.5 330.0 335.5 332.5 1959 15.3 16.4 17.1 14.8 15.9
I960 342.9 338.3 336.5 325.6 335.8 1960 16.4 16.9 17.1 16.0 16.6
1961 .... 325.3 335.1 341.0 350.5 338.0 1961 13.6 14.2 14.9 16.3 14.8
1962 358.5 360.1 363.4 363.3 361.3 1962 17.0 18.0 17.7 19.2 18.0
1963 366.5 369.4 374.0 378.9 372.2 1963 19.8 20.6 20.6 21.1 20.5
1964 387.2 392.6 396.5 398.8 393.8 1964 21.7 21.9 23.0 20.6 21.8
1965 412.8 415.5 423.9 38.2 422.6 1965 25 .6 24.8 25 .4 25.4 25.3
1966 .... 451.6 453.3 456.8 64.0 456.4 1966 . 27.0 24.0 24.8 24.6 25 .1
1967 459.5 461.6 464.5 68.0 463 .4 1967 22 .9 25.5 25 .0 24.6 24.5
1968 471.4 482.9 489.7 88.3 483.1 1968 . 28.0 28.5 30.6 30.1 29.3
1969 .... 495.6 496.8 498.3 93.2 496.0 1969 30.7 30.0 30.5 30.0 30.3
1970 487.2 489.2 492.7 78.4 486.9 1970 27.8 29.0 29.0 23.3 27.3
1971 497.3 494.1 497 .2 500.3 497.2 1971 32.8 33.7 34.3 35.7 34.1
1972 508.4 526.3 536.0 547.8 529.6 1972. . 36.1 37.4 38.6 40.9 38.2
1973 .... 570.7 568.7 568.4 581.4 572.3 1973 . 44.2 43.0 41.0 36.8 41.2
1974 566.2 567.8 564.4 551.6 562.5 1974 34.2 34.4 38.0 32.6 34.8
1975 530.0 540.2 558.6 560.9 547.4 1975 34.6 34.8 40.5 43.0 38.2
1976 581.3 587.0 589.0 591.2 587.2 1976 48.5 49.4 49.9 52.1 50.0
1977 612.9 625.2 636.9 637.2 628.1 1977 56.9 57.0 58.0 57.9 57.5
1978 ... 636.9 662.2 666.4 682.3 662.0 1978 56.4 65.3 64.8 66.0 63.1
1979 681.4 671.9 678.7 678.7 677.7 1979 66.8 62.4 66.8 63.2 64.8
1980 684.6 661.2 658.7 668.0 668.1 1980 68.3 52.6 61.0 65.1 61.8
1981 696.0 693.2 701.5 681.7 693.1 1981 73.8 66.4 74.3 63 .9 69.6
1982 ..... 669.0 662.0 657.9 653.6 660.6 1 982 71.4 70.4 73.4 79.1 73.6
1983 658.9 681.6 698.1 715.5 688.6 1983 78.4 88.1 90.2 96.3 88.3
1984 1984 . .
64. 68. LABOR COST ( C U R R E N T DOLLARS) PER U N I T OF REAL GROSS
AVERAGE DOMESTIC PRODUCT, N O N F I N A N C I A L CORPORATIONS (DOLLARS) AVERAGE
1950 65.8 65.5 64.7 64.8 65.2 1950 0.384 0.380 0.382 0.387 0.383
1951 .... 65.6 66.1 66.2 66.1 66.0 1951 0.401 0.409 0.409 0.412 0. 08
1952 67.6 67.9 67.9 68.3 67.9 1952 0.422 0.428 0.433 0.435 0. 30
1953 68.4 69.0 69.4 70.6 69.4 1953 0.435 0.438 0.440 0.451 0. 41
1954 69.8 69.6 69.0 68.5 69.2 1954 0.451 0.449 0.444 0.442 0. 46
1955 67.7 67.9 68.2 68.4 68.0 1955 0.435 0.435 0.440 0.446 0. 39
1956 69.3 69.6 69.9 70.2 69.8 1956 0.458 0.464 0.471 0.477 0. 67
1957 ... 70.0 70.1 70.1 70.7 70.2 1957 0.479 0.481 0.486 0.492 0.484
1958 71.0 70.8 70.3 69.6 70.4 1958 0.502 0.500 0.498 0.491 0.497
1 95 9 69.5 69.0 70.2 70.3 69.8 1959 0.490 0.488 0.498 0.499 0.494
I960 70.2 71.0 71.2 71.5 71.0 1960 0.499 0.508 0.505 0.508 0.505
1961 71.5 70.9 70.7 70.3 70.8 1961 0.511 0.506 0.503 0.497 0.504
1962 70.2 70.6 70.5 70.2 70.4 1962 0.499 0.504 0.500 0.497 0.500
1963 70.4 70.1 70.1 70.2 70.2 1963 0.499 0.493 0.491 0.494 0.494
1964 69.8 70.0 70.1 70.4 70.1 1964 0.492 0.496 0.498 0.501 0.497
1965 69.4 69.1 69.3 69.3 69.3 1965 0.496 0.495 0.498 0.497 0.497
1966 69.0 69.8 70.4 70.5 69.9 1966 0.504 0.514 0.519 0.525 0.515
1967 71.1 71.2 71.2 71.3 71.2 1967 0.535 0.535 0.540 0.540 0.538
1968 71.7 71.7 72.0 72.3 71.9 1 968 0.550 0.555 0.559 0.566 0.558
1969 72.4 73.1 73.8 74.7 73.5 1969 0.577 0.588 0.598 0.611 0.594
1970 75.5 75.3 75.4 75.8 75.5 1970 0.624 0.628 0.631 0.641 0.631
1971 74.8 74.9 75.0 74.6 74.8 1971 0.635 0.642 0.644 0.645 0.641
1972 74.5 74.9 74.4 74.1 74.5 1972 0.653 0.658 0.661 0.665 0.659
1973 73.5 73.9 73.9 73.8 73.8 1973 0.669 0.683 0.697 0.716 0.692
1974 74.8 75.2 76.0 76.3 75.6 1974 0.743 0.773 0.804 0.825 0.786
1975 76.6 75.5 74.3 74.3 75.2 1975 0.842 0.832 0.829 0.844 0.837
1976 .... 74.4 75.1 75.4 75.7 75.2 1976 0 .853 0.870 0.884 0.903 0.878
1977 74.9 74.3 73.7 74.4 74.3 1 977 0.913 0.920 0 .928 0.950 0.928
1 978 74.8 73.9 73.7 73.4 74.0 1978 0.975 0.982 1 .007 1.025 0.998
1979 73.7 73.9 74.1 74.8 74.1 1979 1.053 1.079 1.107 .136 1.094
1980 74.9 76.0 75.8 75.6 75.6 1980 1.174 1.215 1.227 .255 1.218
1981 74.6 75.0 74.2 75.0 74.7 1981 1.274 1.294 1.313 .348 1.307
1982 75.7 76.0 76.5 76.5 76.2 1982 1.372 1.395 1.404 .419 1.397
1983 76.0 75.2 74.5 74.3 75.0 1983 1.421 1.408 1.400 .408 1 .409
1984 1984
AVERAGE 1972 DOLLARS ( A N N U A L RATE, B I L L I O N S OF DOLLARS) AVERAGE
1950 14.7 15.6 16.4 17 .4 16 .0 1950 27 .0 28.3 28.9 30.5 28.7
1951 11.9 16.0 18.6 18.0 16.1 1951 . 19.9 27.0 31 .1 29.7 26.9
1952 17.4 16.1 15.7 17.7 16.7 1 952 28.7 26.4 25.9 28.9 27.5
1953 ... 17.7 16.8 16.0 13.7 16.0 1953 28.7 26.8 25.5 21 .9 25.7
1954 16.2 16.9 17.5 19.5 17.5 1954 25 .8 26.9 28.1 31.1 28.0
1 955 22.9 23.9 23.8 23.7 23.4 1955 36.5 37 .7 37 .2 36.8 37.0
1956 .... 22.3 21 .7 21.8 21.0 21.8 1956 34.1 32.8 32 .6 31.1 32 .6
1957 .... 22.1 22.3 22 .3 20.4 21.8 1957 32.2 32.3 32.0 29.2 31 .4
1958 .... 17.6 18.0 19.8 22.4 19.5 195 8 25 .3 25.7 28.1 31.8 27 .7
1959 25.1 27.9 25.0 25.9 26 .0 1959 35.2 39.1 35.0 36.0 36.3
1960 .... 26.6 24.7 24.9 23.7 24.9 I960 36.9 34.2 34.5 32.9 34.6
1961 23.2 25.6 26.4 28.0 25.8 1961 32 .1 35 .5 36.4 38.6 35.6
1962 .... 32.1 31.6 32.2 34.4 32.6 1962 . 44.2 43.4 44 .2 46.9 44.7
1963 .... 34.4 36.0 36.5 36.8 35.9 1963 46.7 48.9 49.4 49.6 48.6
1964 .... 41 .1 41.1 41.4 41.2 41.2 1964 55 .3 55 .1 55 .3 55 .0 55 .2
1965 .,. 47.5 48.9 49.2 50.7 49.1 1965 63.2 64.8 64.9 66 .6 64.9
1966 52.5 51.2 50.0 52.1 51.4 1966 68.4 65.9 64.0 66.2 66 .1
1967 49.6 49.0 49.7 51.3 49.9 1967 62.5 61 .2 61.8 63.2 62.2
1968.... 47.8 50.7 50.8 50.6 50.0 1968 58.1 61.1 60.5 59.5 59.8
1969 49.1 46.9 45.7 40.7 45 .6 1969 57.1 53.9 51.9 45.5 52.1
1970.... 37.0 39.2 37.8 34.9 37.2 1970 41.0 42.9 40.8 37.2 40.5
1971.... 43.4 43.6 46.4 49.4 45.7 1971 45.8 45.4 47.9 50.5 47.4
1972.... 53.2 53.3 55 .6 57.9 55 .0 1972 53.9 53.5 55 .4 57.2 55 .0
1973.... 62.1 57.1 58.2 59.7 59.3 1973 60.8 55.0 55 .0 55 .6 56.6
1974 52.2 47.2 35.0 38.8 43.3 1974 47.3 41.4 29.6 32.1 37.6
1975 45.9 55.6 65.7 72.3 59.9 1975 36.8 43.6 50.6 54.8 46.4
1976 77.5 72.9 73.7 72.9 74.3 1976 58.1 54.4 54.4 53.1 55 .0
1977.... 80.4 94.5 107.2 96.1 94.6 1977 57.7 66.6 74.2 65.4 66 .0
1978.... 97.7 109.4 112.8 116 .6 109.1 1978 65.7 71.8 72.8 73.9 71.0
1979.... 111.2 109.0 109.7 98.9 107.2 1979 69.0 66.1 65.1 57.6 64.4
1980 92.6 93.5 88.6 87.9 90.6 1980 52.7 52.0 48.3 47.0 50.0
1981 105.1 104.9 112.8 112.3 108.8 1981 54.8 53.6 56.5 55 .4 55 .1
1982 97.0 98.8 101.4 96.6 98.4 1982 47.6 47.8 48.7 46.1 47 .6
1983 120.0 141.9 160.2 175.5 149.4 1983 57.3 67.9 76.5 83.0 71.2
1984 1984
NOTE: These series contain revisions beginning with 1981. (SEPTEMBER 1984)
101
September 1984
C. Historical Data for Selected Series—Continued
Year | 1 Q II Q III Q IV Q Annual Year IQ II Q III Q IV Q Annual
81. RATIO OF PROFITS (AFTER TAXES) WITH IVA AHD CCADJ TO
TOTAL CORPORATE DOMESTIC INCOME (PERCENT) AVERAGE DOLLARS ( A N N U A L RATE, B I L L I O N S OF DOLLARS) AVERAGE
1950 11.6 11.5 11.0 11.1 11.3 1950 44.8 48.9 53.0 53.3 50.0
1951 7.0 9.5 11 .1 10.5 9.5 1951 51.8 53.0 53.9 52.8 52.9
1952 10.0 9.4 8.9 9.6 9.5 1952 53.1 53.6 48.9 52.8 52.1
1 95 3 9.3 8.7 8.3 7.4 8.4 1953 55 .6 55.9 57.0 56.7 56.3
1954 8.9 9.2 9.5 10.1 9.4 1954. . . 55.3 54.8 56.0 55.6 55 .4
1955 11.5 11.6 11.3 10.9 11.3 1955 56.6 60.2 63.2 65.2 61.3
1 95 6 10.0 9.6 9.5 8.9 9.5 1956 64.3 65.3 66.2 65.7 65.4
1957 9.3 9.2 9.2 8.7 9.1 195 7 66.1 65.9 67.3 65.7 66.2
1958 7.8 8.0 8.6 9.4 8.4 1958 61.5 58.8 57.6 59.3 59.3
1 95 9 10.2 10.9 9.8 10.0 10.2 1959 61.1 63.1 65.0 65.1 63.6
1960 9.8 9.1 9.4 8.9 9.3 I960 67.4 67.8 66.2 66.3 66.9
1961 8.6 9.5 9.5 9.9 9.4 1961 65.2 66.3 66.5 68.6 66.7
1962 11.2 10.7 10.8 11.3 11.0 1962 70.0 72.2 73.3 72.5 72.0
1 963 11.1 11.5 11.5 11.3 11.4 1963 71.8 74.1 76.1 78.2 75.1
1964 12.3 12.2 12.1 11.9 12.1 1964 79.3 81.6 83.9 86.0 82.7
1965 13.2 13.3 13.2 13.3 13.2 1965 91.7 95.6 98.9 103.4 97.4
1 966 13.3 12.7 12.2 12.5 12.7 1966 106.7 108.1 109.0 108.2 108.0
1967 11.8 11.6 11.5 11.6 11.6 1967 105.8 105.5 104.8 106.3 105.6
1968 10.4 10.7 10.4 10.1 10.4 1968 109.9 107.4 108.6 112.3 109.5
1969 9.5 8.8 8.4 7.3 8.5 1969 115.1 llfc.2 118.5 117.4 116.8
1970 . . 6.4 6.8 6.5 6.1 6.4 1970 115.4 115.0 114.7 110.3 113.8
1971 7.3 7.1 7 .6 7.9 7.5 1971 .... 110.8 112.1 112.2 113.6 112.2
1972 8.2 8.0 8.1 8.1 8.1 1972 117.3 119.1 120.4 127.2 121.0
1973 8.1 7.0 6.6 6.7 7.1 1973 132.8 138.3 140.5 140.7 138.1
1974 5.1 4.4 2.7 3.5 3.9 1974 140.3 138.2 135.2 129.1 135.7
1975 4.8 6.1 7.1 7.3 6.3 1975 120.7 117.8 119.2 119.6 119.3
1976 7.9 7.1 7.0 6.8 7.2 1976 122.0 124.1 127.4 128.9 125.6
1977 7.3 8.4 9.3 8.2 8.3 1977 134.5 138.8 141.2 146.5 140.3
1978. . 7.7 8.6 8.4 8.1 8.2 1978 148.5 157.9 161.6 165.2 158.3
1979 7.4 6.7 6.1 5.2 6.4 1979 168.0 168.0 172.9 170.9 169.9
1980. . . . 4.5 4.8 4.5 4.8 4.6 1980 171.8 162.2 163.6 165.7 165.8
1981 5.7 5.8 6.1 5.7 5.8 1981 171.6 173.4 178.2 176.9 175 .0
1982 5.1 5.2 5.3 5.0 5.2 1982 175.2 166.9 163.9 161.5 166.9
1983 6.5 7.5 8.1 8.9 7.8 1983 161.6 165.3 172.6 184.5 171.0
1984 . . 1984
8 8 . N O N R E S I D E N T I A L F I X E D I N V E S T M E N T , P R O D U C E R S ' DURABLE
DO! AVERAGE E Q U I P M E N T , I N 1 9 7 2 DOLLARS ( A N N . RATE, BIL. D O L . ) AVERAGE
1950 18.0 18.7 19.7 20. 19.2 1950 26.9 30.1 33.3 33.0 30.8
1951 20.4 21.1 21.0 20. 20.7 1951 31. 31.9 32.9 32.7 32.2
1952 20.2 20.4 20.6 21. 20.6 1952 32. 33.2 28.3 31.4 31.5
1953 22.0 22.5 22.6 23. 22 .6 1953 33. 33.4 34.4 33.6 33.7
1954 23.5 23.7 23.7 23. 23.6 1954 31. 31.1 32.3 31.8 31.8
1955 24.5 25.0 25 .9 26. 25.4 1955 32. 35.1 37.3 38.8 35.9
1956 27.3 28.4 28.8 28.8 28.3 1956 36. 36. 37.4 37.0 37.0
1957 28.5 28.5 28.4 28.3 28.4 1957 37. 37. 38.9 37.3 37.8
1958 27.9 26.9 26.2 26.4 26.8 1958 .... 33.7 31. 31.4 32.9 32.5
1959 26.3 27.2 28.0 27.9 27.4 1959 34.8 35. 37.1 37.2 36.2
1960 29.3 29.0 29.2 30.6 29.5 I960 38.1 38. 37.0 35.7 37.4
1 961 30.6 30.1 30.1 29.9 30.2 1961 . ... 34.6 36. 36.5 38.6 36.5
1962 30.4 31.6 32.7 31.9 31.6 1962 39.6 40.6 40.6 40.5 40.4
1963 30.6 32.1 32.3 32.8 31.9 1963 41.2 42.1 43.9 45.5 43.1
1964 32.8 34.3 35.1 35.6 34.4 1964. . . 46.5 47.4 48.9 50.4 48.3
1965 37.6 40.7 40.9 43.4 40.6 1965 54.1 55.0 58.0 60.0 56.8
1966 . . . 43.8 43.2 44.1 42.7 43.4 1966 62.9 64.9 64.9 65.5 64.5
1967 42.8 41.7 41.9 41.5 42.0 1967 63.0 63.8 62.9 64.9 63.6
1968 43.0 42.4 42.1 43.6 42.8 1968 66.9 65.1 66.4 68.7 66.8
1969 44.1 44.5 45.9 45.4 45.0 1969 71.1 71.7 72.6 72.0 71.8
1970 44.2 44.3 43.9 43.3 43.9 1970. .. . 71.1 70.7 70.8 67.0 69.9
1971 43.2 42.9 43.0 42.3 42.8 1971 67.7 69.2 69.2 71.3 69.3
1972 43.5 43.9 44.0 45.2 44.1 1972 73.8 75.1 76.3 82.1 76.9
1973 45 .9 47.3 48.3 47.9 47.4 1973 . 86.8 90.9 92.1 92.9 90.7
1974 46.6 45.2 41.8 40.8 43.6 1974 93.6 93.0 93.5 88.2 92.1
1975 38.6 37.6 38.3 38.5 38.3 1975 82.2 80.2 80.9 81.1 81.1
1976 39.2 39.4 39.8 39.5 39.5 1976 82 .8 84.6 87.7 89.4 86.1
1977 38.9 40.2 41.3 41.2 40.4 1977 95 .6 98.6 99.9 105.4 99.9
1978 41.9 44.7 45 .7 46.2 44.6 1978 106 .7 113.1 115.9 119.0 113.7
1979 46.6 48.2 50.4 51.2 49.1 1979 121 .3 119.7 122.5 119.7 120.8
1980 50.9 48.4 47.5 48.3 48.8 1980 . ... 120.9 113.7 116.1 117.4 117.0
1981 50.4 52.3 55 .0 55.1 53.2 1981 121.2 121.1 123.2 121.8 121.8
1982 55 .4 53 .7 52.4 51 .9 53.3 1 982 119.8 113,2 111.5 109.7 113.5
1983 49.0 48.1 48.3 51.4 49.2 1983 112.5 117..2 124.3 133.1 121.8
1984 1984
89. R E S I D E N T I A L FIXED I N V E S T M E N T , TOTAL, IN 1 972 DOLLARS 107. R A T I O , GROSS N A T I O N A L PRODUCT TO MONEY SUPPLY Ml1
( A N N U A L RA1 DOLLARS; AVERAGE (RATIO) AVERAGE
1950 30.3 33.2 35.0 33.3 33.0 1950 2.431 2.479 2.609 2.689 2.552
1951 31.4 27.1 25.3 25.5 27.3 1951 2.784 2.825 2.846 2.831 2.822
1952 . . 26.0 26.5 26. 27 .6 26.6 1952 2.816 2.795 2.812 2.882 2.826
1953 28.0 28.2 27. 26.9 27.5 1953.... 2.919 2.92.7 2.915 2.870 2.908
1954 27.3 29.0 30. 32.7 29.9 1954.... 2.857 2.848 2.856 2.894 2.864
1955 35.2 35.7 34. 33.3 34.8 1955 .... 2.959 3.002 3.053 3.095 3.027
1956 32.1 31.9 31. 30.7 31.5 1956.... 3.097 3.132 3.168 3.217 3.154
1957 29.9 29.2 28. 29.0 29.2 1957.... 3.270 3.286 3.336 3.316 3.302
1958 28.2 28.2 30. 33.5 30.0 1958 3.265 3.257 3.320 3.377 3.305
1959 37.1 38.4 37. 36.4 37.4 1959 3.400 3.470 3.432 3.503 3.451
I960 37.3 34.1 32.9 32.7 34.2 1960 3.598 3.598 3.577 3.557 3.582
1961 32.9 33.1 34.9 36.3 34.3 1961.... 3.561 3.611 3.650 3.716 3.634
1962 36.4 38.0 38.3 38.2 37.7 1962.... 3.770 3.802 3.849 3.862 3.821
1963 . . 39.5 42.6 43.1 44.7 42.5 1963.... 3.875 3.896 3.928 3.961 3.915
1964. 45.6 43.4 42.1 41.4 43.1 1964.... 4.016 4.043 4.033 4.020 4.028
1965 42.9 43.6 42.5 41.9 42.7 1965.... 4.113 4.167 4.208 4.256 4.186
1966 . . . . 42.4 39.8 37.7 33.0 38.2 1966 .... 4.309 4.328 4.402 4.474 4.378
1967 32.3 36.1 38.4 41.5 37.1 1967.... 4.461 4.443 4.442 4.467 4.453
1968 41.9 43.0 43.3 44.0 43.1 1968 4.523 4.564 4.568 4.552 4.552
1969 45.6 45.0 43.2 40.5 43.6 1969.... 4.574 4.618 4.685 4.681 4.640
1970 40 .6 38.4 40.4 44.5 41.0 1970 4.682 4.715 4.734 4.676 4.702
1971 47.8 52.6 56.0 58.2 53.7 1971 4.780 4.768 4.764 4.804 4.779
1972. .... 62.4 63.4 63.7 65.7 63.8 1972.... 4.867 4.911 4.912 4.942 4.908
1973 66.9 63.7 61.1 57.4 62.3 1973.... 5.043 5.074 5.131 5.215 5.116
1974 52.8 50.1 47.4 42.4 48.2 1974.... 5.172 5.258 5.311 5.328 .267
1975 39.4 40.3 43.1 45.9 42.2 1975.... 5.313 5.363 5.479 5.585 .435
1976 49.4 50.3 49.9 55.0 51.2 1976.... 5.681 5.679 5.719 5.753 .708
1977 56.7 61.2 62.8 61.9 60.7 1977 5.816 5.906 5.990 5.971 .921
1978 60.9 63.7 63.1 61.8 62.4 1978..., 5.977 6.159 6.216 6.329 .170
1979 60.7 59.6 59.5 56.7 59.1 1979.... 6.390 6.358 6.398 6.461 .402
1980 53.0 42.4 44.0 49.0 47.1 1980 6.525 6.612 6.508 6.575 .555
1981 48.8 47.0 42.8 39.5 44.5 1981.... 6.833 6.799 6.956 6.921 .877
1982 36.2 37.6 36.8 40.8 37.9 1982.... 6.742 6.785 6.724 6.537 6.697
1983 46.2 53.4 57.2 57.8 53.7 1983.... 6.465 6.468 6.472 6.558 6.491
1984 1984....
NOTE: Unless otherwise noted, these series contain revisions beginning \ (SEPTEMBER 1984)
^his series contains revisions beginning with 1963.
102
September 1984
C. Historical Data for Selected Series—Continued
Year IQ II Q III Q IV Q Annual Year 1 Q II Q III Q IV Q Annual
5 0 2 . FEDERAL G O V E R N M E N T EXPENDITURES, NIPA
AVERAGE AVERAGE
1950 47.2 39.0 36 .5 40.4 40.8 1950 -1.4 -1.7 -0.8 -0.9 -1.2
1951 47.6 54.5 61 .2 67.9 57.8 1951 .. 0.0 -0.6 -0.8 -0.3 -0.4
1952 . 66.1 70.1 74.4 73.6 71 .1 1952 -0.3 -0.6 0.4 0.4 0.0
1953 76.3 78.2 76.6 77 .4 77 .1 1953 -0.4 1.0 0.2 -0.1 0.1
1954 73.5 69.6 68.7 67.6 69.8 1954 -0.6 -1.0 -1.4 -1.3 -1.1
1955 67.9 66.7 68.9 69.0 68.1 1955 -1.6 -1.6 -0.9 -0.9 -1.3
1956 69.4 71.8 72.4 74.2 71.9 1956 -1.0 -0.9 -0.7 -0.9 -0.9
1957 78.1 79.8 79.8 81.0 79.6 1957 . . . -0.7 -1.3 -1.4 -2.0 -1.4
1958 .. . 83.5 87.8 91.6 93.0 88.9 1958 -2.5 -2.4 -2.9 -1 .7 -2.4
195 9 90.5 89.9 91.5 91.9 91.0 1959 -1.7 -1.6 0.7 0.9 -0.4
I960 90.2 92.3 94.2 95 .7 93.1 I960 0.2 0.2 0.0 -0.1 0.1
1961 98.9 101.7 102.8 104.4 101.9 1961 -0.8 -0.1 0.1 -0.7 -0.4
1962 109.0 109.2 110.7 112.8 110.4 1962 0.1 0.5 0.6 0.7 0.5
1963 113.5 112.2 114.1 116.8 114.2 1963 0.1 0.5 0.6 0.6 0.5
1964 118.3 118.8 117.6 118.0 118.2 1964 0.9 0.6 1.3 1.2 1.0
1965 ..... 118.2 120.4 126.1 130.5 123.8 1965 1.0 0.4 -0.8 -0.7 0.0
1966 135.8 140.0 146.9 151.8 143.6 1966 0.4 0.9 1.1 -0.4 0.5
1967 159.9 160.9 165.1 168.9 163.7 1967 -1.2 -2.3 -0.7 0.0 -1.1
1968 173.4 180.9 182.6 185.1 180.5 1968 0.2 0.2 0.0 -0.1 0.1
1969 184.0 187.1 189.8 192.9 188.4 1969 0.0 0.4 2.0 3.6 1.5
1970 193.9 207.4 205.7 210.3 204.3 1970 3.5 3.1 1.0 -0.2 1.9
1971 213.4 220.8 222.3 225.9 220.6 1971 0.4 2.4 3.3 4.2 2.6
1972 235 .8 244.0 238.1 259.4 244.3 1972 5.7 16.6 9.9 21.8 13.5
1973 260.7 262.8 262.3 271.2 264.2 1973 16.7 14.5 11.5 11.0 13.4
1974 279.6 295 .2 305.0 317.6 299.3 1974 9.5 7.8 5.7 4.2 6.8
1975 333.6 353 .6 365.3 374.0 356.6 1975 1.7 5.7 7.7 6.8 5.5
1976 376.3 375.7 387.4 399.9 384.8 1976 10.1 13.8 17.4 25.0 16.6
1977 401.7 412.4 429 .6 440 .6 421.1 1977 23.7 26.1 32.0 30.4 28.0
1978 445.1 451.1 465.6 482 .4 461.0 1978 31.6 34.0 25.7 29.8 30.3
1979 487.9 493.4 518.0 539.6 509.7 1979 32.3 26.8 30.9 31.6 30.4
1980 564.5 587.7 616.5 639.8 602.1 1980 30.9 26.2 30.0 35.1 30.6
1981 . . 661.0 671.2 701 .0 723.3 689.1 1981 36.8 39.2 39.8 34.6 37.6
1982 729.3 737 .9 773.6 818.9 764.9 1982 32.5 34.4 33.3 31.5 32.9
1 983 . 805.6 816.7 821 .1 835.5 819.7 1983 34.1 43.9 47.4 51.2 44.1
1984 1984
511. STATE AND LOCAL G O V E R N M E N T R E C E I P T S, N I P A
AVERAGE ( A N N U A L RATE, B I L L I O N S OF D O L L A R S ) AVERAGE
1950 20.5 21.0 21.8 22.0 21.3 1950 21.8 22.7 22.6 22.9 22.5
1951 23.1 23.1 23.4 24.1 23.4 1951 23.2 23.7 24.2 24.4 23.9
1952 24.5 25 .0 25.8 26.4 25.4 1952 24.8 25.7 25.4 26 .0 25.5
1953 26.3 27 .8 27.7 27.9 27.4 1953 26.8 26.8 27.5 28.0 27.3
1954 28.4 28.7 29.3 29.8 29.0 1954 29.0 29.7 30.7 31.1 30.2
1955 30.5 31.2 32.2 32.8 31.7 1955 32.2 32.8 33.1 33.6 33.0
1956 33.7 34.6 35.5 36.2 35.0 1956 . . 34.7 35.5 36.2 37.0 35.9
1957 37.7 38.1 38.8 39.3 38.5 1957 38.5 39.4 40.2 41.3 39.8
1958 40.1 41.3 42.0 44.4 42.0 1958 42.6 43.7 44.9 46.0 44.3
1959 45.0 45.3 47.7 47.8 46.4 1959 46.7 47.0 47.0 46.9 46.9
I960 48.3 49.6 50.5 51.1 49.9 I960 48.1 49.5 50.5 51.2 49.8
1961 52.5 53.3 54.5 55.7 54.0 1961 53.2 53.4 54.4 56.4 54.4
1962 57.1 58.0 58.9 60.0 58.5 1962 57.0 57.5 58.3 59.3 58.0
1963 . . 61.0 62.3 64.1 65.6 63.2 1963 60.9 61.7 63.5 65.0 62.8
1964 67.2 68.8 70.5 71.6 69.5 1964 66.4 68.2 69.2 70.3 68.5
1965 72.6 74.2 75.9 77.7 75.1 1965 71.6 73.8 76.7 78.4 75.1
1966 81.0 83.8 86.3 88.2 84.8 1966 80.6 82.9 85.2 88.6 84.3
1967 90.1 91.0 94.7 98.6 93.6 1967 91.3 93.3 95.4 98.7 94.7
1968 102.3 106.0 108.9 111.9 107.3 1968 102.1 105.8 108.9 112.0 107.2
1969 114.5 118.0 122.2 126.1 120.2 1969 114.5 117.6 120.2 122.4 118.7
1970 130.1 133.7 137.5 140.4 135.4 1970 126.6 130.6 136.4 140.5 133.5
1971 145.4 151.6 155 .2 159.9 153.0 1971 145.0 149.2 151.9 155 .7 150.4
1972 166.3 178.6 175.8 192.6 178.3 1972 160.6 162.0 166.0 170.8 164.8
1973 191.9 193.6 194.8 199.8 195.0 1973 . . . 175.2 179.1 183.3 188.8 181 .6
1974 203.1 209.6 214.2 218.5 211 .4 1974 .... 193.6 201.8 208.5 214.3 204.6
1975 224.0 233.7 243.7 249.4 237 .7 1975 222.3 228.0 235.9 242.6 232.2
1976 258.0 263.7 269.5 280.0 267.8 1976 247.8 249.9 252.1 255.0 251.2
1977 284.7 293.9 304.0 308.4 297 .7 1977 . 261.0 267.8 272.0 278.1 269.7
1978 316.7 329.1 327.8 336.9 327 .6 1978 285.1 295.1 302.1 307.1 297.3
1979 341.0 344.3 356.3 366.3 352.0 1979 ... . 308.7 317.5 325.4 334.7 321.5
1980 375.3 377.2 389.4 402.5 386.1 1980 344.4 351.0 359.4 367.3 355.5
1 981 412.2 418.0 423.7 426.0 420.0 1981 375.5 378.7 383.9 391.4 382.4
1982 430.1 440.1 445 .9 451 .6 441 .9 1982 397.6 405.7 412.6 420.2 409.0
1 983 458.3 473.5 486.1 495.0 478.2 1983 424.2 429.6 438.7 443.8 434.1
1984 ... 1984 ... .
5 6 4 . FEDERAL G O V E R N M E N T P U R C H A S E S OF G O O D S AND S E R V I C E S 5 6 5 . NATIONAL D E F E N S E PURCHASES AS A PERCENT OF GROSS
FOR NATIONAL D E F E N S E ( A N N U A L RATE, B I L L I O N S OF D O L L A R S ) AVERAGE NATIONAL PRODUCT (PERCENT) AVERAGE
1950 . . . 12.4 12.5 14.1 16 .9 14.0 1950 4.6 4.5 4.8 5.5 4.9
1951 24.0 30.3 37.7 42.0 33.5 1951 7.5 9.2 11.3 12.4 10.1
1952 . 42.4 45.6 46.9 48.5 45.8 1952 12.4 13.3 13.5 13.5 13.2
1953 49.1 49.5 48.3 47.5 48.6 1953 13.4 13.4 13.1 13.1 13 .2
1 954 44 .3 41 .9 39.8 38.4 41.1 1954 12.2 11.6 10.9 10.2 11.2
1955 38.6 38.1 39.1 38.0 38.4 1955 9.9 9.6 9.7 9.2 9.6
1956 38.3 40.3 40.2 41 .9 40.2 1956 .... 9.3 9.6 9.5 9.7 9.5
195 7 43.3 43.9 44.6 44.3 44.0 195 7 ... . 9.8 9.9 9.9 10.0 9.9
195 8 44 .5 45.4 45.9 46.5 45 .6 1958 10.2 10.3 10.1 10.0 10.1
1959 46.1 45 .5 45 .6 45 .1 45.6 1959 9.7 9.3 9.3 9.1 9.3
I960 43.9 43.8 44.8 45 .3 44.5 1960 8.7 8.7 8.8 9.0 8.8
1961 46.0 46.7 46.8 48.5 47.0 1961 9.1 9.0 8.9 8.9 9 .0
1962 . 50.9 51.3 51.1 50 .9 51.1 1962 9.2 9.1 9.0 8.9 9.0
1963 50.2 50.5 50.2 50.3 50.3 1963 8.6 8.5 8.3 8.2 8.4
1964 49.8 49.5 48.9 47.9 49.0 1 964 8.0 7.8 7.6 7.4 7.7
1965 47.1 48.3 49.3 53.1 49.4 1965 7.0 7.1 7.1 7 .4 7.1
1966 55 .1 58.4 62.7 65.0 60.3 1966 7.5 7.8 8.2 8.4 8.0
1967 69.4 70.4 72.5 73.5 71.5 1967 8.9 8.9 9.0 8.9 8.9
1968 76.1 77.2 76.7 77.4 76.9 1968 9.0 8.9 8.7 8.6 8.8
1969 75.3 75.6 77.2 77.1 76.3 1 969 8.2 8.1 8.1 8.0 8.1
1 970 . 75.8 73.0 72.8 72.7 73.6 1970 7.8 7.4 7.3 7.2 7.4
1971 72.0 70.1 68.9 70.0 70.2 1971 6.9 6.6 6.3 6.3 6.5
1972 74.3 74.0 71.8 72.5 73.1 1972 6.5 6.3 6.0 5.9 6.2
1973 73.4 73.0 71.3 73.6 72.8 1973 5.7 5.6 5.3 5.3 5.5
1974 73.9 76.1 77.1 81.0 77.0 1974 5.3 5.3 5.3 5.5 5.4
1975 81 .3 81 .0 83.7 86 .0 83.0 1975 5.5 5.3 5.3 5.3 5.4
1976 84.8 83.7 86.3 89.1 86.0 1976 5.1 4.9 5.0 5.0 5.0
1977 90.6 92.7 93.5 94.5 92.8 1977 4.9 4.9 4.8 4.8 4.8
1978 95 .3 99.7 101.7 104.4 100.3 1978 4.7 4.7 4.6 4.6 4.6
1979 106.6 109.0 112.7 119.0 111.8 1979 4.6 4.6 4.6 4.8 4.6
1980 125.9 129.1 130.8 139.1 131.2 1980 4.9 5.0 5.0 5.1 5.0
1981 143.0 151.3 154.9 165.6 153.7 1981 5.0 5.2 5.1 5.5 5.2
1982 168.4 175.3 183.3 191.0 179.5 1982 5.6 5.7 6.0 6.1 5.8
1983 194.7 199 .3 200.9 207 .2 200.5 1983 6.1 6.1 6.0 6.0 6.1
1984 1984
NOTE: These series contain revisions beginning with 1981. (SEPTEMBER 1984)
104
September 1984
C. Historical Data for Selected Series—Continued
Year IQ MQ IIIQ IV Q Annual Year I Q II Q III Q | IV Q Annual
310 IMPLICIT PRICE 31 OC. CHANGE FROM PI PERCENT 1
(INDEX: 1972-100) AVERAGE DEFLATOR, GNI CHANGE
1950 52.2 52.6 54.2 55.1 53.6 1 950 .... -0.9 3.4 12.4 6.5 2.1
1951 56.8 57.0 57.0 57.6 57.1 1951 13.0 1.6 -0.1 4.2 6.6
1952 . . 57.6 57.6 57.9 58.6 57.9 1952 0.0 -0.1 2.4 4.7 1.4
1953 58.8 58.8 59.0 58.7 58.8 1953 1.2 0.3 1.4 -1.8 1.6
1954 59.4 59.6 59.4 59.8 59.6 1954 4.5 1.4 -0.9 2.1 1.2
1955 60.3 60.6 61.0 61.4 60.8 1955 3.4 2.6 2.6 2.4 2.2
1 95 6 61.9 62.4 63.1 63.7 62.8 1956 3.4 3.4 4.6 3.5 3.2
1957 .... 64.4 64.6 65.3 65.4 64.9 1957 4.6 1.5 4.0 0.5 3.4
1958 65.6 65.8 66.2 66 .5 66.0 1958 1.6 1.0 2.3 1.9 1.7
1959 ... 67.0 67.6 67.8 68.0 67.6 1959 3.5 3.1 1.5 1.2 2.4
1960 68.4 68.6 68.9 69.0 68.7 I960 2.6 0.7 1.8 0.5 1.6
1961 68.9 69.2 69.5 69.6 69.3 1 961 -0.4 2.0 1.8 0.7 0.9
1962 70.2 70.5 70.6 71.1 70.6 1962 3.4 1.5 0.8 2.6 1.8
1963 .... 71.4 71.5 71.7 72.2 71.7 1963 1.8 0.3 1.1 2.9 1.5
1964 72.4 72.6 73.0 73.2 72.8 1964 1.1 1.2 2.2 1.0 1.5
1965 73.8 74.1 74.6 75.0 74.4 1965 3.4 2.0 2.4 2.2 2.2
1966 75.7 76.6 77 .0 77.8 76.8 1966 4.1 4.7 2.1 4.0 3.2
1967 78.2 78.5 79.3 80.1 79.1 1967 2.6 1.5 3.9 4.4 3.0
1968 81.2 82.1 82.8 84.0 82.5 1968 5.1 5.0 3.4 5.7 4.4
1969 85.0 86.1 87.5 88.6 86.8 1969 4.7 5.4 6.6 5.3 5.1
1970 89.9 91.1 91.8 93.0 91.4 1970 5.8 5.4 3.2 5.5 5.4
1971 94.4 95.7 96.5 97.4 96.0 1971 6.0 5.6 3.5 3.7 5.0
1972 98.7 99.4 100.2 101.5 100.0 1972 5.6 2.9 3.4 5.2 4.2
1973 .... 103.0 104.8 106.5 108.7 105.8 1973 5.7 7.2 7.0 8.6 5.8
1974 110.7 113.5 116.4 119.8 115.1 1974 7.5 10.3 10.8 12.1 8.8
1975 122.9 124.4 126.7 129.0 125.8 1975 10.7 5.2 7.4 7.5 9.3
1976 130.1 131.3 132.9 135.0 132.3 1976 3.6 3.7 4.9 6.5 5.2
1977 136.8 139.0 141.0 143.2 140.1 1977 5.5 6.6 5.9 6.4 5.8
1978 145 .1 148.9 152.0 155.4 150.4 1978 5.3 10.8 8.7 9.1 7.4
1979 158.6 161.9 165.1 168.1 163.4 1979 8.5 8.5 8.3 7.3 8.6
1980 171.9 176.5 180.2 185 .1 178.4 1980 9.6 10.9 8.9 11.3 9.2
1981 190.0 193.0 197.7 201 .7 195.6 1981 11.0 6.5 10.1 8.3 9.6
1982 204.0 206.8 208.5 210.3 207.4 1982 4.6 5.6 3.4 3.4 6.0
1983 212.9 214.2 215.9 218.2 215.3 1983 5.0 2.6 3.1 4.4 3.8
1984 1984
PERCENT
PRODUCT (INDEX: 1972-100) AVERAGE PRICE INDEX (ANNUAL RATE, PERCENT) CHANGE'
1950 . 55.9 56.4 58.0 59.2 57.4 1950 -2.0 3.5 11.6 8.5 1 .6
1951 61.3 61.6 61.4 62.0 61.6 1951 15.1 2.1 -1.2 4.2 7.3
1952 .... 62.0 62.0 62.4 63.0 62.4 1952 -0.1 0.0 2.5 3.6 1.3
1953 63.0 63.0 63.2 62.9 63.0 1953 0.1 -0.2 1.8 -2.4 1.0
1954 .... 63.6 63.8 63.5 63.9 63.7 1954 4.9 1.1 -1.5 2.1 1.1
1955 64.2 64.4 64.9 65.3 64.7 1955 2.2 1.4 2.7 2.7 1.6
1956 65 .8 66.4 67.2 67.7 66.8 1956 3.1 3.3 5.0 3.4 3.2
1957 68.5 68.8 69.4 69.4 69.0 1957 4.6 1.5 4.0 0.1 3.4
1958 69.7 69.8 70.1 70.3 70.0 1958 1.3 0.9 1.4 1.2 1.4
1959 73.2 73.5 73.8 74.0 73.6 1959 3.4 1.6 1.6 1.2 2.0
I960 74.1 74.5 74.7 74.9 74.5 I960 0.5 1.9 1.2 1.1 1.2
1961 75.0 75.1 75.2 75.2 75.1 1961 0.6 0.3 0.7 0.1 0.8
1962 75.5 75.7 75.8 76.0 75.7 1962 1.6 0.8 0.8 1.1 0.8
1963 76.2 76.2 76.3 76.6 76.3 1963 0.8 0.1 0.7 1.3 0.7
1964 76.6 76.8 77.0 77.2 76.9 1964 0.4 0.7 1.3 1.0 0.8
1965 77.6 77.9 78.2 78.3 78.0 1965 1.8 1.8 1.4 0.9 1.4
1966 79.0 79.7 80.3 80.8 79.9 1966 3.3 3.5 2.9 3.0 2.5
1967 81.2 81.5 82.3 82.9 82.0 1967 1.7 1.7 3.6 3.1 2.6
1968 83.7 84.6 85 .2 86.2 84.9 1968 3.8 4.4 3.1 4.9 3.6
1969 87.2 88.4 89.5 90.5 88.9 1969 4.7 5.3 5.1 4.8 4.7
1970 91.4 92.4 93.0 94.3 92.8 1970 4.1 4.5 2.5 5.6 4.4
1971 95.3 96.5 97.3 98.0 96.8 1971 4.6 5.0 3.3 2.9 4.3
1972 98.9 99.5 100.3 101.3 100.0 1972 3.7 2.5 3.1 4.4 3.3
1973 102.8 104.7 106.7 108.7 105.7 1973 5.8 7.5 7.9 7.6 5.7
1974 111.6 114.2 117.8 121.4 116.2 1974 11.2 9.9 13.0 12.9 9.9
1975 123.8 125.5 128.0 130.1 126.8 1975 8.0 5.6 8.2 7.0 9.2
1976 131.4 132.7 134.5 136.5 133.8 1976 3.8 4.2 5.4 6.3 5.5
1977 138.7 141.0 142.8 145.5 142.1 1977 6.5 6.8 5.2 7.9 6.2
1978 147.6 151.6 155.0 159.0 153.5 1978 5.9 11.4 9.3 10.7 8.0
1979 162.5 166.7 170.6 174.3 168.7 1979 9.1 10.8 9.8 8.8 9.9
1980 179.0 183.2 187.5 192.1 185.5 1980 11.0 9.7 9.9 10.1 9.9
1981 197.0 201 .2 205 .6 209.1 203.4 1981 10.8 8.6 9.1 6.9 9 .7
1982 211 .7 214.1 217.0 218.9 215.5 1982 5.3 4.4 5.6 3.7 5.9
1983 220.4 222.5 225 .0 226.9 223.5 1983 2.7 3.9 4.5 3.5 3.7
1984 1984
, NIPA 501. FEDERAL GOVERNMENT RECEIPTS, NIPA
(ANNUAL RAT E, BILLIONS OF DOLLARS) AVERAGE AVERAGE
1950 -4.7 7.8 16 .6 17.3 9.2 1950 42.6 46.8 53.1 57.7 50.0
1951 18.3 8.4 1.0 -1.7 6.5 1951 65.9 62.9 62.2 66.2 64.3
1952 . 0.2 -3.7 -7.5 -3.7 -3.7 1952 66.3 66.4 66.9 69.9 67.3
1953 -4.5 -6.2 -5.8 -11.8 -7.1 1953 71.8 71.9 70.8 65.6 70.0
1954 -10.6 -6.7 -5.1 -1.9 -6.0 1954 62.9 62.9 63.5 65.7 63.7
1955 1 .8 4.9 4.8 6.5 4.4 1955 69.7 71.6 73.6 75.5 72.6
1956 . 6.6 5.8 5.2 6.3 6.1 1956 76.0 77.6 77.6 80.5 78.0
1957 .... 4.6 2.8 2.8 -1.3 2.3 1957 82.7 82.5 82.6 79.6 81.9
1958 -7.5 -11.9 -12.1 -10.0 -10.3 1958 76.0 75.9 79.5 83.0 78.7
1959 -2.9 1.6 -1.7 -1.5 -1.1 1959 87.6 91.6 89.8 90.4 89.8
I960 7.6 4.2 1.4 -1.1 3.0 1960 97.9 96.4 95.7 94.6 96.1
1961 -4.3 -5.1 -3.9 -2.2 -3.9 1961 94.5 96.6 98.9 102.2 98.1
1962 -5.6 -4.1 -3.2 -4.0 -4.2 1962 103.3 105.1 107.5 108.8 106.2
1963 -1.9 1.9 1.2 -0.2 0.3 1963 111.6 114.1 115.3 116.6 114.4
1964 .... -3.0 -6.7 -2.4 -1.0 -3.3 1964 115.4 112.1 115.2 117.0 114.9
1965 .... 4.6 3.9 -3.0 -3.4 0.5 1965 122.7 124.4 123.1 127.1 124.3
1966 .... 0.6 1.3 -3.2 -5.9 -1.8 1966 136.5 141.3 143.7 145.9 141.8
1967 -12.9 -13.2 -13.6 -13.0 -13.2 1967 147.0 147.6 151.5 155.9 150.5
1968 -9.8 -12.2 -2.6 0.3 -6.0 1968 163.6 168.8 180.0 185.4 174.4
1969 11.4 11.5 6.5 4.3 8.4 1969 195.4 198.5 196.3 197.2 196.9
1970 -1.3 -13.1 -14.9 -20.4 -12.4 1970 192.7 194.3 190.7 189.8 191.9
1971 -18.5 -23.7 -23.7 -22.2 -22.0 1971 194.9 197.1 198.6 203.7 198.6
1972 -12.8 -19.8 -10.5 -24.1 -16.8 1972 223.0 224.2 227.6 235.3 227.5
1973 -8.6 -7.1 -2.6 -4.0 -5.6 1973 252.1 255.6 259.7 267.2 258.6
1974 -4.7 -10.6 -8.4 -22.4 -11.5 1974 274.8 284.6 296.6 295.3 287.8
1975 -45.5 -99.0 -66.6 -66.1 -69.3 1975 288.2 254.5 298.7 307.9 287.3
1976 -56.3 -48.2 -51.6 -56.3 -53.1 1976 320.0 327.5 335.9 343.6 331.8
1977 -37.6 -41.9 -52.1 -51.8 -45 .9 1977 364.1 370.5 377.5 388.7 375.2
1978 -48.4 -26.6 -23.3 -19.6 -29.5 1978 396.7 424.4 442.3 462.8 431.6
1979 -10.1 -6.7 -18.0 -29.6 -16.1 1979 477 .8 486.7 500.0 510.1 493.6
1980 -38.5 -64.3 -73.3 -69.0 -61.2 1980 526.1 523.4 543.2 570.8 540.9
1981 -46.5 -50.6 -63.1 -97.0 -64.3 1981 614.6 620.5 637.9 626.3 624.8
1982 -106.3 -112.0 -163.7 -210.6 -148.2 1982 622.9 625.9 609.9 608.3 616.7
1983 -185 .7 -167.3 -180.9 -180.5 -178.6 1983 619.8 649.3 640.2 655.0 641.1
1984 1984
NOTE: These series contain revisions beginning with 1981. (SEPTEMBER 1984)
Wear-to-year percent changes are computed from annual data.
103