1954

174

A SUPPLEMENT TO THE SURVEY OF CURRENT BUSINESS
Table 11.—Transactions of the Rest of the World With the United States, 1929-38 '
[Millions of dollars]
1929

Net current payments to the United States.
Net payments of factor income.
Wages and salaries..
Interest
Dividends
Branch profits
Net purchases from the United States..
Net purchases from United States business..
Purchases from United States business..
Sales to United States business
Net purchases from U. S. Government..
Purchases from U. S. Government..
Sales to U. S. Government
Net purchases from United States persons..
Purchases from United States persons..
Sales to United States persons
Net capital movement to the United States..
Long-term
Short-term
_
Change in gold stock
_
Errors and omissions
_
Adjustment for United States territories and possessions..

1930

1931

1932

1933

771

690

197

169

150

810

746

547

393

323

1
577
89
143

1
608
26
111

1
550
-37
33

1
426
-44
10

1
324
-22
20

-39

-56

-350

-224

993
5,902
4,909

919
4,408
3,489

449
2,870
2,421

391
1,942
1,551

-70
33
103

-71
22
93

-80
12
92

-962
51
1,013

-904
43
947

-771
-240
-4
-143
-384

1934

1935

1937

1938

-54

-93

62

1,109

367

300

283

386

1
242
8
52

1
207
60
99

1
195
-8
112

1
160
11
111

1
138
217
30

-173

126

-421

-393

-221

723

327
1,960
1,633

602
2,532
1,930

101
2,740
2,639

210
2,966
2,756

476
3,971
3,495

1,314
3,747
2,433

4
64

-49
4
53

-39
6
45

—55
4
59

-65
3

-94
5
99

-64
6
70

-719

-555
17
572

-451
17
468

-437
19
456

-467
20
487

-538
22
560

-603
28
631

-527
37
664

-690

-197

-169

-150

-429

54

93

-62

-1,109

-221
-479
-310
320

215
-637
133
92

257
-446
-53
73

77
-419
131
61

200
222
- 1 , 266
415

436
1,072
-1,822
368

777
431
-1,272
157

521
356
-1,364
425

97
344
-1,799
249

1934

1935

1936

1937

1938

48,959

57,057

40,697
23,380
20,642
20. 305
2,173
18,132
337
1,031
1,656
744
912
—625
1,707
12,515
4,966
4,920
46

48,253
27,017
22,632
22,266
2,345
19,921
366
2,759
2,986
951
2,035
-227
1,626
16,330
5,449
5,401
48

64,911
54,565
32,273
25,818
25,185
2,713
22,472
633
4,898
5,636
1,409
4,227
-738
1,557
17,155
6,233
6,141
92

73,618
63,332
37,587
30,042
28,754
2,809
25,945
1,288
6,082
6,113
1,502
4,611
-31
1,463
20,175
7,062
6,847
215

10,365

10,448

12,649

67,581
56,640
32, 256
26, 758
25,348
2,591
22,757
1,410
4,016
3,053
1,029
2,024
903
1,482
18,359
6,776
6,523
253
11,097

4, 550
4,604
-54
2,446
553
4,109
613
612
1

5,329
5,37fl
-50
5,036
516
4,128
652
651
1

6,496
6,616
-120
3,952
474

7,031
7,060
-29
5,618
464
4,700
785
764
21

14
1,694
1,788
693
693
679
14

22
1,661
1,793
778
778
760
18
5,946
5,946
5,740
206
147

34
1,776
1,779
842
842
818
24
7,266
7,216
7,047
219
155
64

2,491
1,882
1,871
11
0
11

2,780
2,044
2,029
15
2
13

429

1. See Part III, section on Net foreign investment.

Table 12.—National Income by Legal Form of Organization, 1929-38
[Millions of dollars]

National income i_.
Income originating in business, total.__
Corporate business
Compensation of employees
Wages and salaries
Compensation of corporate officers.
Other wages and salaries
Supplements to wages and salaries
Corporate profits and inventory valuation adjustment.
Coiporate profits befnro tax
__
Corporate profits tax liability.
Corporate profits after tax..
Inventory valuation adjustment
Net interest
Sole proprietorships and partnerships
Compensation of employees
Wages and salaries
_
Supplements to wages and salaries
Income of unincorporated enterprises and inventory valuation adjustment.
Business and professional
Income of unincorporated enterprises..
Inventory valuation adjustment
Farm..
Net interest'-.
Other private business *
Compensation of employees
_
Wages and salaries
Supplements to wages and salaries
Income of unincorporated enterprises—business and professional ' .
Rental income of persons
Net interest..
Government enterprises
Compensation of employees
Wages and salaries
Supplements to wages and salaries..
Income originating in general government
Compensation of employees
_
Wages and salaries
Supplements to wages and salaries
Employer contributions for social insurance
Other labor income..
_
Income originating in households and institutions '
Compensation of employees
Wages and salaries
,
Supplements to wages and salaries
Employer contributions for social insurance.
Other labor income...
Net interest'.—
Income originating in the rest of the world
Wages and salaries !
Corporate profits after tax 9
Net interest

1929

1930

87,814
78,179
45,224
33, 739
33,307
3,337
29,970
432
9,868
9,396
1,369
8,027
472
1,617
23,941
8,596
8,533
63
14, 713

75,729
66,814
38,490
30.303
29,886
3,139
26,747
417
6, 445
3,185
842
2,343
3,260
1,742

8,745
8,603
142
5,968
632
8,256
793
792
1
46
5,425
1,992
758
758
745
13
4,335
4,335
4,192
143
89
54
4,490
2,8fi3
2,853
10
0
10
1,627

1932

1933

59,708
51,464
23,328
24,888
24, 508
2,698
21,810
380
1,638
-776
498
- 1 , 274
2,414
1,802
15,912
6,425
6,365
60
8,710

42,547
35,216
18,426
18,603
18,274
2,133
16,141
329
-1,936
-2,983
385
-3,368
1,047
1, 759

6,303

40,159
32,903
17.345
17,620
17,318
1,995
15,323
302
-1,990
153
521
-368
-2,143
1,715
10,564
4,351
4,307
44
5,585

7,369
6,614
755
4,130
759
7,501
778
777
1
41
4,778
1,904
771
771
757
14
4,545
4,545
4,396
149
93
56
3,624
2,652
2,641
11
0
11

5,557
4,946
611
3,153
777
6,456
722
721
1

3,371
3,076
295
1,932
714

3,152
3,677
-525
2,433
628

5,247
608
607
1

24
3,761
1,949
768
768
754
14
4,658
4,658
4,503
155
98
57
3,039
2,278
2,267
11
0
11

13
2,713
1,913
705
705
691
14
4,445
4,445
4,274
171
113
58
2,493
1,871
1,860
11
0
11

972

761

810
1

746
1

S47

622
393

4,363
564
563
1
14
1,971
1,814
631
631
617
14
4,695
4,695
4,524
171
120
51
2,238
1,677
1,667
10
0
10
561

232

137
60S

577

1. The national income is classified by distributive shares hi table 1, and income originating
in business is classified by distributive shares in table 7.
2. Data not available.
3. This series is net only of Imputed interest received, and of cash interest received by firms
engaged in lending as a principal activity; cash interest received by other proprietors is
considered to be received in the proprietors' personal capacity.

Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis

1931

20,052
7,794
7,729
65
11,499

-4
550

10, 838
4,821
4,770
51

1
-34
426

323
1
-2
324

5,578
5,578
5,396
182
131
51
2,381
1,802
1,792
10
0
10
579
303
1

367
1

60
242

159
207

4,295
706
699

42
2,081
1,792
870
870
838
32
6,902
6,902
6,654
248
176
72
3,101
2,272
2,249
23
8
15
829

6,762
6,541
221
4,335
486
5,127
783
755
23
31
2,560
1,753
860
38
7,626
7,626
7,363
263
189
74
2,929
2,152
2,126
18

1

283
1

777
386
1

104
195

122
160

247
138

736
300

4. Includes all mutual financial institutions; producers' and consumers' cooperatives; nonprofit organizations, such as trade associations, furnishing services to business; individually
owned property including owner-occupied homes; and miscellaneous forms of business
organization.
5. Estimated patronage refunds and stock dividends paid by farmers' cooperatives.

1954

NATIONAL

INCOME,

1954

175

EDITION

Table 11.—Transactions of the Rest of the World With the United States, 1939-53

1

[Millions of dollars]
1939

1941

1940

1942

1943

1944

1945

1946

1947

1948

1949

1950

1951

1952

Line

1953

888

1,509

1,124

-207

-2,245

-2,099

-1,438

4,586

8,942

1,956

534

-2,201

227

-164

-1,866

313

357

363

365

367

423

369

577

874

1,076

1,078

1,266

1,547

1,463

1,500

2

2
127
137
47

3
120
149
85

6
126
109
122

10
130
107
118

14
115
137
101

12
118
103
190

11
130
75
153

17
135
129
296

17
168
221
468

16
224
254
582

16
230
305
527

18
248
426
574

20
312
418
797

25
317
302
819

20
333
406
741

3
4
5

575

1,152

761

-572

-2,612

- 2 , 522

-1,807

4,009

8,068

880

-544

-3,467

-1,320

-1,627

-3,366

7

1,123
3,886
2,763

1,618
4,785
3,167

1,482
5,378
3,896

1,058
4,209
3,151

-490
3,433
3,923

-422
3,877
4,299

531
4,944
4,413

4,038
9,682
5,644

8,929
15,640
6,711

4,214
12,575
8,361

4,645
12,366
7,721

1,302
11,383
10,081

3,381
15,773
12,392

3,252
15,429
12,177

2,231
14,473
12,242

8
9
10

69

-84
3
87

-330
37
367

-1,193
188
1,381

-1,411
574
1,985

-925
952
1,877

-943
1,736
2,679

804
2,007
1,203

53
1,031
978

-2,192
392
2,584

-3,843
330
4,173

- 3 , 422
209
3,631

-3,189
358
3,547

-3,035
291
3,326

-3,487
332
3,819

11
12
13

-484
36
520

-382
59
441

-391
43
434

-437
40
477

-711
45
756

-1,175
45
1,220

-1,395
94
1,489

-833
28
861

-914
55
969

-1,142
51
1,193

-1,346
42
1,388

- 1 , 347
30
1,377

- 1 , 512
30
1,542

-1,844
32
1,876

-2,110
35
2,145

14
15
16

-888

-1,509

-1,124

207

2,245

2,099

1,438

-4,586

-8,942

-1,956

-534

2,201

-227

164

1,866

17

27
1,470
-3,174
789

-73
1,530
-4,243
1,277

-642
-389
-719
476
150

-159
67
23

-147
1,225
757
34
376

21
356
1,350
-37
409

-1,399
1,915
548
8
366

-3,712
-705
-623
204
250

-7,752
61
-2,162
911

-2,074
49i
- 1 , 530
1,152

-1,100
-32
-164
762

-241
726
1,743
-27

- 1 , 595
949
-53
472

-1,039
1,073
-379
509

—650
1,159
1,163
194

18
19
20
21
22

"I

Q

284

1

a

Table 12.—National Income by Legal Form of Organization, 1939—53
[Millions of dollars]
1941

1939

1940

72,753
61,748
36,185
29,290
27,771
2,697
25.074
1,519
5,505
6,219
1,441
4,778
-714
1,390
19, 285
7,203
6,936
267

81,634
70,148
42,436
32,326
30,695
2,950
27,745
1,631
8,886
9,086
2,834
6,252
-200
1,224

11,580
7.263
7,429
-166
4,317
502
5,354
814
785
29
30
2,742
1,768
924
924
884
40
7,599
7,599
7,313
286
199
87
3,093
2,276
2,250
26
9
17
817
313

1942

1943

1944

1945

1946

1947

1948

1949

1950

1951

1952

1953

137,694

181,248
141,053
82,414
63,485
60,316
4,118
56,198
3,169
18,185
18,749
10,689
8,060
-564
744
48,629
17,640
17,136
504
30,713

179,577
153,145
86,302
68,969
65,748
5,143
60,605
3,221
16,863
22,126
9,111
13,015
-5,263
470
55,655
20,303
19,757
546
35,085

197,168
173,566
104,710
81,168
77, 254
6,026
71,228
3,914
22,937
28,836
11,283
17,553
-5,899
605
56,919
22,326
21,718
608
34,244

221,641
196,367
120, 263
89,910
85,810
6,733
79,077
4,100
29,783
31,933
12,510
19,423
-2,150
570
62,789
24,105
23,472
633
38,235

216,193
188,410
115,425
87,421
83,112
6,743
76,369
4,309
27,309
25,366
10,411
14,955
1,943
695

239,956

277,041

1

239,143
151,362
111,940
104,978
8,122
96,856
6,962
38,698
39,958
22,476
17,482
-1,260
724

290,959
248,746
157,799
120,079
112, 600

305,002

209,578
131,612
96,881
91,301
7,607
83, 694
5,580
34,106
38, 970
17,829
21. 141
-4:864
625

261,170
168, 539
130, 513
122,164
(a)

58,518
23,964
23,287
677
34,040

62.203
25,651
24,797
854
35,980

70,569
29,193
28,188
1,005
40,679

71,913
31,322
30,269
1,053

8,349
37,319
38,233
21,144
17,139
-964
707
72,409
33,245
32,140
1,105

2
3
4
5
6
7
8
9
10
11
12
13
14

39,767

38,293

18,889
18,995
-106
11,824
276
8,402
1,164
1,135
29
122
5,634
1,482
1,608
1,608
1,550
58
35,156
35,156
33,362
1,804
1,663
141
4,670
4,117
4,077
40
10
30
553
369
11

21,141
22,846
-1,705
13,944
267
9,318
1,395
1,363
32
180
6,208
1, 815
1,870
1,870
1,808
62
20,722
20,722
18,770
1,952
1,843
109
5,133
4,421
4,373
48
13
35
712

19,759
21,230
-1,471
14, 485
349
9,981
1,558
1,524
34

21,495
21,907
-412
16,740
449
11,031
1,724
1,685
39
154
7,198
1,955
2,284
2,284
2,213
71
17,374
17,374
16,519
855
632
223
6,824
5,514
5,457
57
13
44
1,310
1,076

21,322
20,854
468
12,718
514
11,936
1,775
1,733
42
109
7,874
2,178
2,531
2,531
2,450
81
19,348
19,348
17,995
1,353
1,072
281
7,357
5,803
5,741
62
15
47
1,554
1,078

22, 695
23,829
-1,134
13,285
572
13,087
1,943
1,887
56

24,661
25,005
-344
16,018
697
14,253
2,143
2,070
73

25, 576
25,368
208
14,191
824

160
8,473
2,511
2,676
2,676
2,580
96
20,773
20,773
19,631
1,142
812
330
8,339
6,383
6,312
71
18
53
3,956

130
9,129
2,851
2,959
2,959
2,867
92
27,233
27,233
10 25,944
1,289
966
323
9,118
6,932
6,814
118
60
58

26,064
26,259
-195
12,229
871
16,791
2,535
2,464
81
151
10,596
3,509
3,431
3,431
3,359
72

2,186
1,547

2,442

1,266

16

16

25
1,121

60

832

20
1,215

20

836
224

18
1,000

1.147

230

248

312

317

333

51
52

118,497
72,904
52,293
49,965
3,691
46, 274
2,328
19,453
20,657
11,415
9,242
-1,204
1,158
37,005
12,732
12,311
421
23,811

170,310
140,564
88,087
63, 595
60,761
3,745
57,016
2,834
23,543
24,316
14,074
10,242
-773
949
43,045
14,648
14,203
445
28,038

182,639

21,230
7,757
7,477
280
12,973

104,710
91,373
56,437
41,051
39,070
3,472
35,598
1,981
14, 280
16,751
7,610
9,141
-2,471
1,106
27,632
9,783
9,434
349
17,341

8,405
8,450
-45
4, 568
500
5,498
846
817
29
37
2,885
1,730
984
984
943
41
7,778
7,778
7,477
301
210
91
3,351
2,435
2,406
29
9
20

10,837
11,452
-615
6,504
508
6,219
916
887
29
60
3,465
1,778
1,085
1,085
1,040
45
9,415
9,415
9,146
269
225
44
3,559
2,633
2,503
30
9
21

13,803
14,170
-367
10,008
462
7,374
986
958
28
96
4,547
1.745
1,214
1,214
1,167
47
15,118
15,118
14,809
309
277
32
3,714
2,918
2,889
29
8
21

16,674
16,830
-156
11,364
359
7,957
1,053
1,025
28
149
5,097
1,658
1,475
1,475
1,427
48
25,562
25,562
25,190
372
329
43
3,817
3,240
3,208
32
10
22

17,899
17,968
-69
11,525
310
8,195
1,110
1,080
30
141
5,413
1,531
1,528
1,528
1,477
51
32,188
32,188
31,491
697
609
88
4,257
3,719
3,684
35
10
25

916
357

1,026
363

796
365

677
367

538
423

3

10

14

12

225
130

238
115

118

2
184

234

6
231

127

120

126

145,771
90,110
66,525
63,346
3,759
59,687
3,179
22,740
23,027
12,949
10,078
-287
845
45,938
16,204
15,733
471
29, 424

293

228
130

577

189
6,510
1,724
1,956
1,956
1,894
62
16,663
16,663
15,435
1,228
1,069
159
6,065
5,069
5,016
53
14
39
996
874

17
425

17
689

135

168

6. Includes private households; and religious organizations, social and athletic clubs, labor
organizations, nonprofit schools and hospitals, charitable and welfare organizations, and all
other nonprofit organizations furnishing services to individuals.
7. This series measures gross interest paid; it is termed "net interest" only because it is a
component of that distributive share.
8. Pay of permanent United States residents employed in the United States by foreign gov-

Digitized for FRASER
http://fraser.stlouisfed.org/
Federal Reserve Bank of St. Louis

(?)
(?)

7,579
37,034
36,053
19,965
16,088
981
686

15,667
2,322
2,242
80
151
10,021
3,173
3,367
3,367
3,263
104
30,973
30,973
i° 29, 529
1,444
1,105
339
9,777
7,335
7,211
124
62
62
1,463

Line

(?)

31,437
31,437
"30,098
1,339
964
375
10,895
7,880
7,745
135
64
71
3,015
1,500

15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49

9. Measures net inflow from abroad of dividends and branch profits; the net inflow from
abroad of undistributed profits and corporate profits tax liability is excluded from this line
and from the national income aggregate.
10. Includes excess of accruals over disbursements, in millions of dollars, as follows: 1951.
$44; 1952, $32; 1953, - $ ? 6 .

Sign up to vote on this title
UsefulNot useful