ECONOMIC

TABLE C—8.—Gross national product: Receipts and expenditures by major economic groups.1929-73—Continued[Billions of dollars]BusinessInternationalYearorquarterJTOSSretainedearnings3Grossprivateomesticinvestment*Excessof investment()Nettranserstoforignersjy personsandloversmentNet exports of goodsand servicesExportsLess:ImportsEquals:NetexportsExcessoftransfersorof netexports(>'Totalincomeor receiptsStatisticaldiscrepancyGrossnationalproductor expenditure1929....11.216.2-5.10.47.05.91.1-0.8102.40.7103.11933....3.21.41.8.22.42.0.4-.255.055.61939....8.49.3-.9.24.43.41.189.21.390.51940....1941....1942....1943....1944....1945....1946....1947....1948....1949....10.511.414.516.317.115.114.520.228.029.713.117.99.85.77.110.630.634.046.035.7-2.7-6.54.610.610.04.6-16.1-13.8-18.0-6.0.2.2.2!3.82.92.64.55.65.45.94.84.45.37.214.719.716.815.83.64.64.86.57.17.97.28.210.39.61.71.3.0-2.0-1.8-.67.511.56.46.1-1.5-1.12. 22.11.4-4.6-8.9-1.9-.598.7124.1159.0193.6207.6208.0208.4230.4259.5256.21.0.4-1.1-2.02.53.9.1.9-2.099.7124.5157.9191.6210.1211.9208.5231.3257.6256.51950....1951....1952....1953....1954....1955....1956....1957....1958....1959....29.433.135.136.139.246.347.349.849.456.854.159.351.952.651.767.470.067.960.975.3-24.7-26.2-16.8-16.5-12.5-21.1-22.8-18.1-11.5-18.54.03.52.52.52.32.52.42.32.42.413.818.718.016.917.819.823.626.523.123.512.015.115.816.615.917.819.620.820.923.31.83.72.2.41.82.04.05.72.2.12.2-.2.32.1-L5-3.4.22.3283.3325.1343.3361.6362.1395.9420.4441.1445.8484.51.53.32.23.02.72.1-1.1.01.6284.8328.4345.5364.6364.8398.0419.2441.1447.3483.7I960....1961....1962....1963...1964...1965...1966...1967...1968...1969...56.858.766.368.876.284.791.393.095.497.074.871.783.087.194.0108.1121.4116.6126.0139.0-18.0-13.0-16.8-18.4-17.8-23.4-30.1-23.5-30.6-42.02.42.62.72.82.82.82.83.02.92.927.228.630.332.337.139.243.446.250.655.523.223.025.126.428.632.338.141.048.153.64.05.65.15.98.56.95.35.22.51.9-1.7-3.0-2.5-3.1-5.7-4.1-2.4-2.2.41.0504.8520.8559.8590.8633.7688.0750.9794.6866.9936.3-1.0-.8-3.1-1.0-7.7-6.1503.7520.1560.3590.5632.4684.9749.9793.9864.2930.31970...1971...1972...1973 P.97.0111.8124.4134.7136.3153.2178.3201.5-39.3-41.4-53.9-66.83.23.63.73.662.966.373.5101.359.365.578.196.73.6.8-4.64.6-.42.88.4-1.0983.51, 058.81,156.61,285.9-6.4-3.4-1.52.3977.11,055.51,155.21,288.2Seasonally adjusted annual rates1971: I.III.IV.1972: L.IIIIIIV1973: I..II.IV v105.1109.9112.5119.5117.4124.1124.5131.6131.5132.0136.9145.5152.7153.8160.8167.5174.7181.5189.4194.5198.2202.0211.2-40.3-42.8-41.3-41.3-50.1-50.5-57.0-57.8-63.0-66.2-65.13.23.43.83.93.93.83.83.53.03.33.54.465.967.169.163.070.369.974.079.789.797.2104.5113.562.166.668.065.275.875.677.783.289.794.497.0105.63.8.51.1-2.2-5.5-5.7-3.8-3.5.02.87.68.0-0.62.92.76.19.49.47.67.03.0.5-4.0-3.51, 029.51, ObO.71, 066.91, 088.31, 119.21, 143.41, 164.91, 199.11, 241.41, 268.91, 300.8-2.3-3.8-3.3-4.0-6.7-1.01.6.21.13.23.71,027.21, 046.91,063. 51,084.21,112.51,142.41,166.51,199.21, 242.51,272.01, 304. 51,334.01 Personal income less personal tax and nontax payments (fines, penalties, etc.).2 Government transfer payments to persons, foreign net transfers by Government, net interest paid by government,subsidies less current surplus of government enterprises, and disbursements less wage accruals.3 Capital consumption allowances, corporate inventory valuation adjustment, undistributed corporate profits, andprivate wage accruals less disbursements.Private business investment, purchases of capital goods by private nonprofit institutions, and residential housing.See Table C-13.s Net foreign investment less capital grants received by the United States, with sign changed.Source: Department of Commerce, Bureau of Economic Analysis.259