current business statistics - Bureau of Economic Analysis

February 1972 SURVEY OF CUEEENT BUSINESS 13
1970 1971*
1970
III IV
1971
I II III IV
Seasonally adjusted at annual rates
Billions of dollars
1970 1971
1970
III IV
1971
I II III IV
Seasonally adjusted
Index numbers, 1958=100
Table 13.—Federal Government Receipts and Expenditures (3.1, 3.2) Table 16.—Implicit Price Deflators for Gross National Product (8.1)
Federal Government receipts
Personal tax and nontax receipts...
Corporate profits tax accruals
Indirect business tax and nontax
accurals
Contributions foir social insurance...
Federal Government expenditures
Purchases of goods and services
National defense
Other
Transfer payments
To persons
To foreigners (net) -
Qrants-in-aid to State and local governments
..
Net interest paid... .
Subsidies less current surplus of government
enterprises.. .
Less : Wage accruals less disbursements
..
191.5
92.2
30.6
19.3
49.3
97.2
75.4
21 9
63 4
61 2
2 2
24.4
14 6
5.5
.0
198.7
89.0
33.5
20.3
56.0
97.6
71.4
26.2
75.9
73.4
2.5
29.6
13 7
5.1
.0
191.3
89.7
31.9
19 7
50.0
96.1
74.2
21 9
64 6
62 4
2.3
24.9
15.0
5.8
—.4
189.3
91.0
29.0
19 4
49.8
95.9
73.2
22.7
67 5
65.0
2.4
25.9
14.8
5.7
.0
196.5
86.6
34 1
20 7
55.1
96.4
72.6
23 7
69 6
67 4
2 2
27.0
14.0
5.8
.0
197.7
87.6
34.8
19.9
55.5
96.0
71.4
24 6
77 8
75.3
2.5
29.5
13.3
4.8
.0
197.8
88.8
33 2
19 7
56.1
205.1 221.9 206.7 209.8 212.7 221.4 224.6
97.6
70.2
27 4
78 0
75 3
2.7
Surplus or deficit (— ), national
income and product accounts. ... -13.6 -23.1 -15.4 -20.5 -16.2 -23.7 -26.7
30.2
13.9
4.8
.0
20 7
57.2
228.7
100.3
71.4
28 9
Table 14.—State and Local Government Receipts and Expenditures
(3.3, 3.4)
State and local government receipts
Personal tax and nontax receipts
Corporate profits tax accruals . .
Indirect business tax and nontax
accruals
Contributions for social insurance
Federal grants-in-aid .
State and local government expenditures
Purchases of goods and services
Transfer payments to persons _ . _ .
Net interest paid _
Less: Current surplus of government
enterprises
Surplus or deficit (— ), national
income and product accounts
133.4
23.6
3 5
73 6
8.3
24 4
122.2
14 4
.1
3 8
.5
151.7
26.8
4 3
81 8
9.2
29 6
135.5
17.1
.5
4.1
2.8
135.3
23.8
3 7
74 5
8.4
24 9
124.0
14.8
.1
3.9
.2
138.5
24.2
3 3
76 4
8.7
25.9
127. 9
15.6
.2
4.0
-1.3
143.4
25.0
4 2
78 3
8.9
27.0
131.6
16.4
.3
4.1
-.8
149.6
26.3
4 3
80 4
9.1
29 5
133.6
16.9
.4
4.1
2.8
154.4
27.2
4 3
83 3
9.3
30 2
132 9 148 9 135.1 139.8 144.2 146.8 149 8
Table 15.—Sources and Uses of Gross Saving (5.1)
Personal saving
Undistributed corporate profits .
Corporate inventory valuation adjustment.
Corporate capital consumption
allowances. ._
Noncorporate capital consumption
allowances
Wage accruals less disbursements
Federal
State and local
Capital grants received by the United
States! I
Gross investment
Gross private domestic investment..
Net foreign investment
Statistical discrepancy _
54 1
16.2
—4 5
56 2
31 4
.0
Government surplus or deficit (— ),
national income and product
accounts.... ... .. -13.1
-13.6 .5
.9
136.6
135.3
1.3
—4.5
60 5
21.9
—4 4
61.9
33.3
.0
-20.3
-23.1
2.8
.7
148.9
151.6
—2.6
-4.7
57 4
17.7
—5.5
56.7
31.5
.0
-15.2
-15.4 .2
.9
140.2
138.6
1.6
-3.2
58 5
14.3
-2.6
58.0
31.8
.0
-21.7
-20.5
-1.3
.9
137.5
137.3
.2
-1.6
58 6
19.2
-3 5
59.4
32.6
.0
-17.1
-16.2
—.8
.7
145.6
143.3
2.3
-4.3
63 6
22.4
—4.4
61.0
32.9
.0
-20.9
-23.7
2.8
.7
150.3
152.9
-2.5
-4.9
136.2
17.2
.5
Gross private saving _. 153.4 173.2 157.8 160.0 166.2 175.4 174.0
*See footnote on page 11.
456-219 0-72-2
4.1
4.6
61 0
22.5
—5 8
62.7
33. 6
.0
-22.2
-26.7
4.6
.7
147.8
150.8
-3.0
-4.7
78 1
75 6
2 6
31.6
13 8
4.9
0
28.7
85 5
9.5
31 6
154 7
140.5
17 7 6
4 2
59 0
—4 0
Gross national product
Durable goods _
Nondurable goods. ..
Services
Gross private domestic investment
Fixed investment
Nonresi denti al
Structures
Producers' durable equipment..
Residential structures
Nonfarm
Farm
Change in business inventories......
Net exports of goods and services. .
Exports
Imports .- .. ...
Government purchases of goods and
services
Federal
State and local
64 4 General government 188.7 202.8 190.4 193.2 199.7 202.0 203. 2 206.4
Gross national product:
1 Current dollars
.77
Constant dollars
Implicit price deflator . _ _ ._
152 1 Chain price index
159.4 159. 4 Gross private product :
—7 — 7 4 4 Current dollars .
Constant dollars .
Implicit price deflator
Chain price index
135.29 141.57 135. 97 138. 07 139. 88 141.34 142. 21 142.80
93.0 Personal consumption expenditures. . . 129.4 134.6 129.9 131.7 133.0 134.3 135.3 135.8
108.9
127.7
140.2
132.6
130.0
152.0
120.1
142.4
142.5
138.6
120.6
119.2
157.3
148.6
165.1
112.4
131.8
148.2
140.4
137.1
170.3
124.0
150. 3
150.3
145.6
125.5
125.2
167.4
156.9
175.9
109.2
128.1
141.0
133.3
130.7
154.1
120.6
143.8
143.9
139.4
121.6
121.4
159.3
150.5
166.8
110.8
129.2
143.1
136.2
133.6
157.9
122.6
144.7
144.8
140.0
121.7
121.5
161.7
151.8
170.2
112.5
130.1
145.6
137.7
134.9
162.1
123.7
146.9
146.9
142.7
125.2
123.4
165.6
157.2
172.4
112.9
131.4
147.5
140.0
136.8
168.1
124.1
149.5
149.5
144. 8
125. 2
123.8
167. 6
158.1
175.2
112.7
132.4
149.3
141,7
138.4
174.9
124.3
150.9
151.0
146. 0
125.2
125.5
167.5
155.6
177.3
111.4
133.2
150.3
142.1
138.2
176.2
124.0
153. 1
153.2
148.0
126.5
128.0
168.8
156.7
178.7
Table 17.—-Implicit Price Deflators for Gross National Product by
Major Type of Product (8.2)
Gross national product-
Final sales
Goods output...
Durable goods.
Nondurable goods..
Services
Structures
Addendum:
Gross auto product. .
135.29141.57 135.97 138.07 139.88 141.34 142.21142.80
135.3 141.7 136.0 138.2 139.9 141.5 142.3 142.9
122.3
115.4
127.0
150.1
150.2
107.9
125.6
118.4
130.7
159.1
162.5
112.6
122.6
115.8
127.6
151.0
152.5
107.8
124.1
117.5
128.3
153.2
154.9
112.4
125.1
118.7
129.7
156.5
157.3
114.3
125.8
118.9
130.7
158.4
161.1
114.9
125.8
118.4
131.0
160.0
164.6
112.3
125.6
117.7
131.3
161.5
166.7
108.9
Table 18.—Implicit Price Deflators for Gross National Product by
Sector (8.4)
34 34.22
.0 •° Table 19. — Gross National Product: Change from Preceding
Period (7.7)
Percent
4.8
-.6
5.5
5.3
4.2
-.7
4.9
4.7
7.5
2.7
4.6
5.0
7.3
2.9
4.3
4.8
6.3
1.3
5.0
4.7
6.5
1.5
4.9
4.5
Percent at annual rate
2.0
-4.1
6.3
5.5
1,5
-4.4
6.2
5.4
13.7
8.0
5.4
6.4
13.3
8.5
4.5
5.5
7.8
3.4
4.2
4.8
8.1
3.6
4.3
4.8
5.2
2.7
2.5
3.3
5.3
2.7
2.5
3.4
7.6
5.8
1.7
2.2
7.5
6.2
1.2
1.7