july 1976 suevey of current business 39 · 2018-11-06 · july 1976 suevey of current business 39...
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July 1976 SUEVEY OF CURRENT BUSINESS 39
Table 3.11.—Contributions for Social Insurance
[Millions of dollars]
Table 3.12.—Government Transfer Payments to Persons
[Millions of dollars]
Contributions for social insurance
Employer contributions ..Federal social insurance funds
Old-age, survivors, disability, and hospital insurance.-Old-ape survivors and disability insuranceHospital insurance
State unemployment insuranceFederal unemployment taxRailroad unemployment insuranceRailroad retirementFederal civilian employees retirementVeterans life insuranceWorkmen's compensation ..
State and local social insurance fundsState and local employees retirement -Cash sickness compensation -Workmen's compensation ..
Personal contributionsFederal social insurance funds
Old-age, survivors, disability, and hospital insurance. .Employees
Old-age survivors and disability insuranceHospital insurance
Self-employed - -Supplementary medical insurance. .State unemployment insurance ..Railroad retirementFederal civilian employees retirementVeterans life insurance
State and local social insurance funds . .State and local employees retirementCash sickness compensation
1972
73, 594
39, 42432, 49123, 36720 6412,7264,1691,182
119567
2,87212
2036,9336,025
44864
34, 17030, 26325, 52523, 39220, 6642,7282,1331,375
26499
2,144694
3,9073,495
412
1973
91,524
49, 28941,42030, 45925, 2005,2595,1031,511
118766
3,2179
2377,8696,828
47994
42,23538, 01933, 03430, 48825, 2225,2662,5461,545
27524
2,246643
4,2163,765
451
1974
103, 416
55, 83846, 65734, 60729 2285 3795,4201,289
1191,1313,780
2309
9,1817,986
411,154
47, 57843, 09337, 79834, 64529, 2555,3903,1531,795
30358
2,455657
4,4854,015
470
1975
109, 657
59,65849, 01336, 11530, 5045,6115,5051,294
1101,1084,457
9415
10, 6459,303
321,310
49, 99945,24439, 60936, 16130, 5375,6243,4481,908
61364
2,656646
4,7554,282
473
Table 3.13.—Subsidies Less Current Surplus of GovernmentEnterprises
[Millions of dollars]
Sudsidies less current surplus of government enter-prises
Federal
SubsidiesAgriculturalHousing.. ... - . . ..MaritimeAir carriersOther1
Less: Current surplus of government enterprisesPostal Service-Commodity Credit Corporation .Federal Housing Administration.Tennessee Valley Authority ...Other 2
State and local . . . ... .
Subsidies .. . . . - .. ...Less: Current surplus of government enterprises
Water and sewerageGas and electricityToll facilitiesLiquor storesAir and water terminals. ..Housing and urban renewalPublic transit... ...Other 3 .
1972
3 588
7 805
6 7833 9481 439
44067
889-1,022— 1 466
-672285230601
-4,217
534,2701 5011 252
728417419461
-54133
1973
3,872
8 223
5 3922 6221,646
44067
617-2, 831—2 141-1 740
260257533
—4,351
814,4321 5951 415
767433474318
-722152
1974
838
5 228
3 462516
2 141478
75252
-1,766— 1 979
—958119316736
—4,390
1144 5041 6351 496
7234685225/5
-1,093178
1975
2 014
6 534
4 517768
2 47652363
687-2,017—3 169
-221206368799
-4,520
1564,6761 7921,554
687507573712
-1,313164
Government transfer payments to persons. .
Federal - -
Benefits from social insurance fundsOld-age, survivors, and disability insurance. -Hospital and supplementary medical in-
suranceUnemployment insurance
StateFederal employeesRailroad
Railroad retirementFederal civilian employees retirement
Civil serviceOther1
Veterans life insurance. _..Workmen' s compensation .
Military retirementVeterans benefits.
Pension and disabilityReadjustment .UnemploymentOther2
Food stamp benefitsBlack lung benefitsSpecial unemployment benefitsSupplemental security income .Direct reliefOther3
State and local
Benefits from social insurance funds. . .Government pensionsCash sickness compensationWorkmen's compensation
Direct reliefAid to families with dependent childrenOther categorical public assistance 4
General assistance 4
Other' _ . . . .
1972
99,377
80 461
62 47240, 948
8 6075 6155 400
12887
2 1544 1454 078
67
800203
4,1618,8686 3122,192
364
1,980554
2 426
18, 916
6,2565 149
417690
10 9826,8753,365
742
1,678
1973
113,511
93 187
73 32050, 665
9 7124 2824 100
12458
2 5665 0414 963
78
817237
4 6959 4846 4612 823
200
2 2091 057
2 422
20, 324
7 1315 885
463783
11 3137,1783,449
686
1,880
1974
134,643
114 331
86 99757, 607
12 5106 6396 439
14852
2 7876*2916 194
97
854309
5 66110 7087 1073 355
246
3 435957
3 959
2 614
20, 312
8 0426 671
495876
10 0357,8871,322
826
2,235
1975
168,933
145 8ft 1
110 31465,852
15 53116 63116 228
266137
3 2757 7257 egg
119
885415
6 82713 4087 8035 096
509
4 599959664
4 464
4 566
23,132
9 0037 526
517960
11 7809,1861,4551 139
2,349
1. Consists largely of foreign service and Tennessee Valley Authority.2. Consists of mustering out pay, terminal leave pay, and adjusted compensation benefits.3. Consists largely of payments to nonprofit institutions and aid to students. In 1975, also
includes $1.672 million for special $50 payment to recipients of social security, railroad retire-ment, and supplemental security income benefits, as provided in the Tax Reduction Act of1975.
4. Prior to 1974, consists of old-age assistance, aid to the blind, and aid to the permanentlyand totally disabled. In 1974, these programs were replaced by the Federal supplementarysecurity income (SSI) program. Beginning with 1974 consists of State benefits under the SSIprogram. Federal SSI benefits are shown in line 25.
5. Consists largely of educational assistance, medical insurance premiums paid on behalf ofindigents, veterans bonuses, other types of veterans aid, and foster cars payments.
1. Consists largely of subsidies to exporters of farm products and to railroads.2. Consists largely of Federal Deposit Insurance Corporation, Federal Savings and Loan
Insurance Corporation, Government National Mortgage Association, and Export-ImportBank.
3. Consists of State lotteries, off-track betting, local parking, and miscellaneous activities.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
July 1976
34 SUEVEY OF CUEEENT BUSINESS July 1977
Table 3.11.—Contributions for Social Insurance[Millions of dollars]
Table 3.12.—Government Transfer Payments to Persons[Millions of dollars]
Contributions for social insurance
Employer contributions
Federal social insurance funds—Old-age, survivors, disability, and hospital insurance
Old-age, survivors, and disability insurance...Hospital insurance
State unemployment insurance _Federal unemployment taxRailroad unemployment insuranceRailroad retirementFederal civilian employees retirement -Veterans life insuranceWorkmen's compensation
State and local social insurance fundsState and local employees retirementCash sickness compensation..Workmen's compensation
Personal contributions
Federal social insurance fundsOld-age, survivors, disability, and hospital insurance
Employees •Old-age, survivors, and disability insuranceHospital insurance
Self-employedSupplementary medical insuranceState unemployment insuranceRailroad retirement—-Federal civilian employees retirement—Veterans life insurance _
State and local social insurance fundsState and local employees retirementCash sickness compensation
1973
91,524
49,289
41,42030,45925,2005,2595,1031,511
118766
3,2179
2377,8696,828
47994
42,235
38,01933,03430,48825,2225,2662,5461,545
27524
2,246643
4,2163,765
451
1974
103,805
56,113
46,73434,681
5,3925,4241,289119
1,1313,779
2309
9,3798,184
411,154
47,692
43,16737,87134,71229,3115,4013,1591,795
30358
2,456657
4,5254,055470
1975
110,120
59,7&1
48,86736,20030,5755,6255,3561,294110
1,1244,359
9415
10,8949,552
321,310
50,359
45,34939,71536,25030,6115,6393,4651,908
64350
2,658654
5,0104,537473
1976
123,849
68,603
56,02640,05833,8336,2257,7511,420149
1,2564,867
7518
12,57711,100
351,442
55,246
49,68643,62440,12033,8786,2423,5042,049
86385
2,866676
5,5605,050510
Table 3.13.—Subsidies Less Current Surplus of GovernmentEnterprises
[Millions of dollars]
Subsidies less current surplus of government enter-prises
Federal
SubsidiesAgriculturalHousingMaritimeAir carriersOther i
Less: Current surplus of government enterprisesPostal ServiceCommodity Credit CorporationFederal Housing AdministrationTennessee Valley Authority...Other 2
State and local
Subsidies
Less: Current surplus of government enterprisesWater and sewerage __Gas and electricityToll facilitiesLiquor storesAir and water terminalsHousing and urban renewalPublic transitOther3
1973 1974 1975 1976
3,872
8,223
5,3922,6221,646
44067
617
-2,831-2,141-1,740
260257533
-4,351
81
4,4321,5951,415
767433474318
-722152
952
5,277
3,434508
2,13747875
-1,843-1,986-1,027
115327728
-4,325
116
4,4411,6201,499
733438513564
-1,133207
2,264
6,727
4,722780
2,42251463
943
-2,005-3,172
-253190357873
-4,463
158
4,6211,6441,681
757441535610
-1,275228
767
5,946
5,671706
3,13254174
1,218
-275-1,730
-197193469990
-5,179
231
5,4101,6152,030
736458558
1,161-1,423
275
1. Consists largely of subsidies to exporters of farm products and to railroads.2. Consists largely of Federal Deposit Insurance Corporation, Federal Savings and Loan
Insurance Corporation, Government National Mortgage Association, and Export-ImportBank.
3. Consists of State lotteries, off-track betting, local parking, and miscellaneous activities.
Government transfer payments to persons.
FederalBenefits from social insurance funds
Old-age, survivors, and disability insurance..Hospital and supplementary medical insur-
anceUnemployment insurance
State....Federal employees . . .Railroad
Railroad retirementFederal civilian employees retirement..
Civil serviceOther i
Veterans life insuranceWorkmen8s compensation.
Military retirementVeterans benefits
Pension and disability.Readjustment.Unemployment..-Other 2
Food stamp benefitsBlack lung benefitsSpecial unemployment benefits-Supplemental security income..Direct reliefOthers
State and local.Benefits from social insurance funds.
Government pensionsCash sickness compensationWorkmen's compensation
Direct reliefAid to families with dependent children..Other categorical public assistance 4
General assistance
Other«..
1973
113,511
93,187
73,32050,665
9,7124,2824,100
12458
2,5665,0414,963
78
817237
4,6959,4846,4612,823200
2,2091,057
2,422
20,324
7,1315,885463783
11,3137,1783,449686
1,880
1974
134,940
114,408
87,03657,607
12,5366,643
15252
2,7976,2906,193
97
854309
5,65710,7097,1073,355247
3,433957
3,959
2,657
20,532
8,2426,871495876
10,0447,8961,322826
2,246
1975
169,825
146,057
110,43965,895
15,53116,72316,316
270137
3,2657,7247,604120
415
6,82413,4157,7955,099521
4,604957665
4,437
4,716
23,768
9,5518,090517944
11,8559,2341,4821,139
2,362
1976
184,741
158,808
121,43874,502
18,36614,71214,184
309219
3,5508,8548,716138
936518
7,70113,3958,4464,347602
4,653984940
4,631
5,066
25,933
10,6829,100518
1,064
12,6939,9241,5421,227
2,558
1. Consists largely of foreign service and Tennessee Valley Authority.2. Consists of mustering out pay, terminal leave pay, and adjusted compensation benefits.3. Consists largely of payments to nonprofit institutions and aid to students. In 1975, in-
cludes $1,666 million for special $50 payments to recipients of social security, railroad retire-ment, and supplemental security income benefits. In 1976, includes $908 million for earnedincome credit payments. The $50 payments and the earned income credits are provisions ofthe Tax Reduction Act of 1975.
4. Prior to 1974, consists of old-age assistance, aid to the blind and aid to the permanentlyand totally disabled. In 1974, these programs were replaced by the Federal supplementarysecurity income (SSI) program. Beginning with 1974 consists of State benefits under the SSIprogram. Federal SSI benefits are shown in line 25.
5. Consists largely of educational assistance, medical insurance premiums paid on behalf ofindigents, veterans bonuses, other types of veterans aid, and foster care payments.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
July 1977
42 SURVEY OF CURRENT BUSINESS July 1978
Table 3.11.—Contributions for Social Insurance[Millions of dollars]
Contributions for social insurance.
Employer contributions
Federal social insurance fundsOld-age, survivors, disability, and hospital insurance.
Old-age, survivors, and disability insuranceHospital insurance
State unemployment insuranceFederal unemployment taxRailroad unemployment insuranceRailroad retirementFederal civilian employees retirementVeterans life insuranceWorkmen's compensation
State and local social insurance fundsState and local employees retirementCash sickness compensationWorkmen's compensation
Personal contributions.
Federal social insurance fundsOld-age, survivors, disability, and hospital insurance.
EmployeesOld-age, survivors, and disability insuranceHospital insurance.
Self-employedSupplementary medical insuranceState unemployment insuranceRailroad retirementFederal civilian employees retirementVeterans life insurance
State and local social insurance fundsState and local employees retirementCash sickness compensation
1974 1975 1976 1977
103,805 110,579 125,141
56,113
46,73434,68129,2895,3925,4241,289119
1,1313,779
2309
9,3798,184
411,154
47,692
43,16737,87134,71229,3115,4013,1591,795
30358
2,456657
4,5254,055470
60,079
48,82436,23630,6055,6315,2831,294110
1,1244,353
9415
11,2559,889
291,337
50,500
45, 38739,75336,28630, 6415,6453,4671,908
64350
2,658654
5,1134,636477
69,674
56,52240,23733,9856,2527,9841,504149
1,2574,867
7517
13,15211,569
291,554
55,467
49,87643,81040, 30634,0366,2703,5042,049
91384
2,866676
5,5915,083508
140,346
79,376
63,75444,52237,6066,9169,4172,160220
1,4015, 456
7571
15, 62213,800
321,790
60,970
54,93048,47644,60237, 6646,9383,8742,234103404
3,040673
6,0405,482558
Table 3.13.—Subsidies Less Current Surplus of GovernmentEnterprises
[Millions of dollars]
Subsidies less current surplus of government enter-prises
Federal.
SubsidiesAgricultural.HousingMaritimeAir carriers..Other i
Less: Current surplus of government enterprises-Postal ServiceCommodity Credit CorporationFederal Housing AdministrationTennessee Valley AuthorityOther 2
State and local.
Subsidies
Less: Current surplus of government enterprises.Water and sewerageGas and electricityToll facilitiesLiquor storesAir and water terminalsHousing and urban renewalPublic transitOthers
1974 1975
952
5,277
3,434508
2,137478
75236
-1,843-1,986-1,027
115327728
-4,325
116
4,4411,6201,499
733438513564
-1,133207
2,339
6,831
4,808783
2,503513
63946
-2,023-3,218
-254197362890
- 4 , 4 9 2
158
4,6501,6601,696
775438535597
-1,321270
1976
687
5,796
5,574716
3,073501
731,211
-222-1,676
-185182465992
-5,109
190
5,2991,6831,968
809449531681
-1,204382
2,771
8,323
7, 4681,7743,480
50383
1,628
-855-2,126
-375197598851
-5,552
241
5,7931,7272,181
835466524855
-1,301506
1. Consists largely of mass transit and railroad subsidies.2. Consists largely of Federal Deposit Insurance Corporation, Federal Savings and Loan
Insurance Corporation, Government National Mortgage Association, and Export-ImportBank.
3. Consists of State lotteries, off-track betting, local parking, and miscellaneous activities.
Table 3.12.—Government Transfer Payments to Persons[Millions of dollars]
1974
Government transfer payments to persons..
Federal
Benefits from social insurance fundsOld-age, survivors, and disability insurance-Hospital and supplementary medical insur-
anceUnemployment insurance
StateFederal employeesRailroad
Railroad retirementFederal civilian employees retirement..
Civil serviceOther i
Veterans life insuranceWorkmen's compensation.
Military retirementVeterans benefits
Pension and disability.ReadjustmentUnemploymentOther 2
Food stamp benefitsBlack lung benefitsSpecial unemployment benefits.Supplemental security income. _Direct reliefOthers
State and local.
Benefits from social insurance funds..Government pensionsCash sickness compensationWorkmen's compensation
Direct reliefAid to families with dependent children.Other categorical public assistance 4
General assistance
Other s
134,940
114,408
87,03657,607
12,5366, 6436,439
15252
2,7976,2906,193
97
854309
5,65710,7097,1073,355247
3,433957
3,959
~~2~657'
20,532
8,2426,871495876
10,0447,8961,322826
2,246
1975
170,567
146,037
110,43965,895
15,53116, 72316,316
270137
3,2657,7247,604120
886415
6,82413,4167,7955,100521
4,597957664
4,437
1976
185,638
158,431
121,21574,502
18,36614,47913,950
310219
3,5508,8658,727138
936517
7,69613,3988,4474,349602
4,597981975
4,631
4,703
24,530
9.6158,132517966
11,9159,2341,5441,137
3,000
4,938
27,207
10,8329,150511
1,171
12,84510,0581,5601,227
3,530
1977
199,193
169,459
132,07783,326
21,70611,77211,329
270173
3,7979,9259,764161
980571
8,50312,8009,1923,145463
4,371973680
4,786
5,269
29,734
12,23810,400
5351,303
13,47810,5791,6571,242
4,018
1. Consists largely of foreign service and Tennessee Valley Authority.2. Consists of mustering out pay, terminal leave pay, and adjusted compensation benefits.3. Consists largely of payments to nonprofit institutions and aid to students. In 1975, also
includes $1,669 million for special $50 payment to recipients of social security, railroad retire-ment, and supplemental security income benefits, as provided in the Tax Reduction Act of1975.
4. Prior to 1974, consists of old-age assistance, aid to the blind and aid to the permanentlyand totally disabled. In 1974, these programs were replaced by the Federal supplementarysecurity income (SSI) program. Beginning with 1974 consists of State benefits under the SSIprogram and emergency assistance payments. Federal SSI benefits are shown in line 25.
5. Consists largely of educational assistance, medical insurance premiums paid on behalf ofindigents, veterans bonuses, other types of veterans aid, and foster care payments.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
July 1978
42 SURVEY OF CURRENT BUSINESS July 1979
Table 3.11.—Contributions for Social Insurance[Millions of dollars!
j1978
Table 3.12.—Government Transfer Payments to Persons[Millions of dollars]
Contributions for social insurance
Employer contributions
Federal social insurance fundsOld-age, survivors, disability, and hospital insurant
Old-age, survivors, and disability insuranceHospital insurance
State unemployment insuranceFederal unemployment taxRailroad unemployment insuranceRailroad retirementFederal civilian employees retirementVeterans life insuranceWorkmen's compensation
State and local social insurance fundsState and local employees retirementCash sickness compensationWorkmen's compensation
Personal contributions
Federal social insurance fundsOld-age, survivors, disability, and hospital insurance
EmployeesOld-age, survivors, and disability insuranceHospital insurance
Self-employedSupplementary medical insuranceState unemployment insuranceRailroad retirementFederal civilian employees retirementVeterans life insurance
State and local social insurance fundsState and local employees retirementCash sickness compensation _.
1975
110,579
60,079
48, 82436, 23630, 6055,6315,2831,294110
1,1244,353
Q415
11,255.9,889
291,337
50,500
45, 38739, 75336, 28630,6415,6453,4671,908
64350
2,658654
5,1134,636477
1976
125,989
70,409
56, 53040,11433,8816,2338,1171,504150
1,2554,866
51713, 87912, 200
291,650
55,580
49,75743,68940,18233,9316,2513,5072,049
91386
2,866676
5,8235,315508
1977
142,457
81,182
63,97044,46337,5566,9079,5882,270219
1,3865,466
n571
17, 21215,208
341,970
61,275
54,91748,45144,54037, 6126,9283,9112,234103417
3,040672
6,3585,735623
164,117
94,562
74,28151, 35242.7858,56711, 7672,850219
1,4505,996
10637
20,28117, 890
392,352
69,555
62,76655.78651, 39342, 8088,5854,3932,456110454
3,273687
6,7896,068721
Table 3.13.—Subsidies Less Current Surplus of GovernmentEnterprises
[Millions of dollars]
Subsidies less current surplus of governmententerprises
Federal
SubsidiesAgriculturalHousingMaritimeAir carriersOther i
Less: Current surplus of government enterprisesPostal ServiceCommodity Credit CorporationFederal Housing AdministrationTennessee Valley Authority
Other 2
State and local
Subsidies
Less: Current surplus of government enterprisesWater and sewerageGas and electricityToll facilitiesLiquor storesAir and water terminalsHousing and urban renewalPublic transitOthers
1975
2,339
6,831
4,808783
2,50351363946
-2,023-3, 218-254197362890
-4,492
158
4,6501,6601,696775438535597
-1,321270
1976
964
5,793
5,584711
3,08150173
1,218
-209-1,665-185184465992
-4,829
189
5,0181,5811,893813413595593
-1,201331
1977
3,079
8,128
7,4861,7633,47952783
1,634
-642-1,999-311186591891
-5,049
210
5,2591,5172,088814397693631
-1,305424
1978
4,197
9,689
9,1202,8684,038
54472
1,598
-569-1,832
-762194640
1,191
-5,492
239
5,7311,6072,321
825406775745
-1,425477
1. Consists largely of subsidies to exporters of farm products and to railroads.2. Consists largely of Federal Deposit Insurance Corporation, Federal Savings and Loan
Insurance Corporation, Government National Mortgage Association, and Export-ImportBank.
3. Consists of State lotteries, off-track betting, local parking, and miscellaneous activities.
Government transfer payments to persons.
Federal
Benefits from social insurance fundsOld-age, survivors, and disability insurance-Hospital and supplementary medical insur-
anceUnemployment insurance
StateFederal employeesRailroad
Railroad retirementFederal civilian employees retirement-.
Civil serviceOther i
Veterans life insuranceWorkmen's compensation.
Military retirementVeterans benefits
Pension and disability.ReadjustmentUnemploy me ntOther 2
Food stamp benefitsBlack lung benefitsSpecial unemployment benefits.Supplemental security income..Direct reliefOthers
State and local.
Benefits from social insurance funds..Government pensionsCash sickness compensationWorkmen's compensation
Direct reliefAid to families with dependent childrenOther categorical public assistanceGeneral assistance
Other 4
1975
170,567
146,037
110,43965,895
15,53116,72316,316
270137
3,2657,7247,604120
415
6,82413,4167,7955,100521
4,597957664
4,437
"I
4,703
24,530
9,6158,132517
11,9159,2341,5441,137
3,000
1976
185,817
158,439
121,20974,501
18,36614,47913,950
310219
3,5508,8608,723137
936517
7,69613,3998,4524,345602
4,598981975
4,631
4,950
27,378
11,0619,350511
1,200
12,84310,0581,5581,227
3,474
1977
199,621
169,462
131,99583,240
21,70411,78811,338
276174
3,7839,9299,768161
980571
8,50312,8039,1903,145468
4,396972680
4,785
5,328
30,159
12,76510,797
5741,394
13,46810,5791,6521,237
3,926
1978
214,935
181,622
142,10491,395
24,8858,9008,522
187191
3,98511,27111,093
178
1,031637
9,42812,8299,7182,820
291
4,5951,038
1635,023
6,442
33,313
14,42712,200
6221,605
13,64510,7001,7401,205
5,241
1. Consists largely of foreign service and Tennessee Valley Authority.2. Consists of mustering out pay, terminal leave pay, and adjusted compensation benefits.3. Consists largely of payments to nonprofit institutions and aid to students. In 1975, also
includes $1,669 million for special $50 payment to recipients of social security, railroad retire-ment, and supplemental security income benefits, as provided in the Tax Reduction Act of1975.
4. Consists largely of educational assistance, medical insurance premiums paid on behalf ofindigents, veterans bonuses, other types of veterans aid, foster care payments, and paymentsto nonprofit organizations for employment and training programs.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
July 1979