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Line 1 - (Wages and Salaries, Total for United States/1000) *100/ Personal Income for United States
Line 1
(a) Personal Income for United States, Billions of Dollars, Seasonally Adjusted (Q0868AUSQ027SNBR)
Series Is Presented Here As Three Variables--(1)--Seasonally Adjusted Data, 1921-1941 (2)--Original Data, 1929-1945 (3)--Seasonally Adjusted Data, 1946-1970. Source: Data Is Direct From Barger And Klein Files, U.S. Department Of Commerce This NBER data series q08168a appears on the NBER website in Chapter 8 at http://www.nber.org/databases/macrohistory/contents/chapter08.html. NBER Indicator: q08168a

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(b) Wages and Salaries, Total for United States, Millions of Dollars, Not Seasonally Adjusted (A08181USA144NNBR)
Social Securities Paid By Employers Are Not Included; Pensions, Compensation For Injury And Relief Payments Are Likewise Excluded From This Series. Source: For 1919-1938: Simon Kuznets, National Income And Its Composition (1941) Volume I, Table 62, Pp.332-323; For 1939: The Data Were Extrapolated With The Aid Of The Department Of Commerce Data From Table 15 Of "National Income And National Product In 1943" By Milton Gilbert And George Jaszi; And Survey Of Current Business, April 1944, P.15. This NBER data series a08181 appears on the NBER website in Chapter 8 at http://www.nber.org/databases/macrohistory/contents/chapter08.html. NBER Indicator: a08181

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    For example, invert an exchange rate by using formula 1/a, where “a” refers to the first FRED data series added to this line. Or calculate the spread between 2 interest rates, a and b, by using the formula a - b.

    Use the assigned data series variables (a, b, c, etc.) together with operators (+, -, *, /, ^, etc.), parentheses and constants (1, 1.5, 2, etc.) to create your own formula (e.g., 1/a, a-b, (a+b)/2, (a/(a+b+c))*100). As noted above, you may add other data series to this line before entering a formula.

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    Line 1 - (Wages and Salaries, Total for United States/1000) *100/ Personal Income for United States
    Line 2
    (a) Total wages and salaries, BLS, Billions of Dollars, Not Seasonally Adjusted (BA06RC1A027NBEA)
    BEA Account Code: BA06RC For more information about this series, please see http://www.bea.gov/national/.

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    (b) Personal income, Billions of Dollars, Not Seasonally Adjusted (A065RC1A027NBEA)
    BEA Account Code: A065RC Personal income is the income that persons receive in return for their provision of labor, land, and capital used in current production and the net current transfer payments that they receive from business and from government.25 Personal income is equal to national income minus corporate profits with inventory valuation and capital consumption adjustments, taxes on production and imports less subsidies, contributions for government social insurance, net interest and miscellaneous payments on assets, business current transfer payments (net), current surplus of government enterprises, and wage accruals less disbursements, plus personal income receipts on assets and personal current transfer receipts.For more information about this series, please see http://www.bea.gov/national/.

    Select a date that will equal 100 for your custom index:
      Enter date as YYYY-MM-DD
    to

    Write a custom formula to transform one or more series or combine two or more series.

    You can begin by adding a series to combine with your existing series.

    Type keywords to search for data

      Now create a custom formula to combine or transform the series.

      For example, invert an exchange rate by using formula 1/a, where “a” refers to the first FRED data series added to this line. Or calculate the spread between 2 interest rates, a and b, by using the formula a - b.

      Use the assigned data series variables (a, b, c, etc.) together with operators (+, -, *, /, ^, etc.), parentheses and constants (1, 1.5, 2, etc.) to create your own formula (e.g., 1/a, a-b, (a+b)/2, (a/(a+b+c))*100). As noted above, you may add other data series to this line before entering a formula.

      Finally, you can change the units of your new series.

      Select a date that will equal 100 for your custom index:
          Enter date as YYYY-MM-DD

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      Line 1
      (Wages and Salaries, Total for United States/1000) *100/ Personal Income for United States
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      Line 2
      Total wages and salaries, BLS *100/ Personal income
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      Notes

      Source: National Bureau of Economic Research  

      Release: NBER Macrohistory Database  

      Units:  Billions of Dollars, Seasonally Adjusted

      Frequency:  Quarterly

      Notes:

      Series Is Presented Here As Three Variables--(1)--Seasonally Adjusted Data, 1921-1941 (2)--Original Data, 1929-1945 (3)--Seasonally Adjusted Data, 1946-1970. Source: Data Is Direct From Barger And Klein Files, U.S. Department Of Commerce

      This NBER data series q08168a appears on the NBER website in Chapter 8 at http://www.nber.org/databases/macrohistory/contents/chapter08.html.

      NBER Indicator: q08168a

      Suggested Citation:

      National Bureau of Economic Research, Personal Income for United States [Q0868AUSQ027SNBR], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/Q0868AUSQ027SNBR, April 11, 2025.

      Source: National Bureau of Economic Research  

      Release: NBER Macrohistory Database  

      Units:  Millions of Dollars, Not Seasonally Adjusted

      Frequency:  Annual

      Notes:

      Social Securities Paid By Employers Are Not Included; Pensions, Compensation For Injury And Relief Payments Are Likewise Excluded From This Series. Source: For 1919-1938: Simon Kuznets, National Income And Its Composition (1941) Volume I, Table 62, Pp.332-323; For 1939: The Data Were Extrapolated With The Aid Of The Department Of Commerce Data From Table 15 Of "National Income And National Product In 1943" By Milton Gilbert And George Jaszi; And Survey Of Current Business, April 1944, P.15.

      This NBER data series a08181 appears on the NBER website in Chapter 8 at http://www.nber.org/databases/macrohistory/contents/chapter08.html.

      NBER Indicator: a08181

      Suggested Citation:

      National Bureau of Economic Research, Wages and Salaries, Total for United States [A08181USA144NNBR], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/A08181USA144NNBR, April 11, 2025.

      Source: U.S. Bureau of Economic Analysis  

      Release: Gross Domestic Product  

      Units:  Billions of Dollars, Not Seasonally Adjusted

      Frequency:  Annual

      Notes:

      BEA Account Code: BA06RC

      For more information about this series, please see http://www.bea.gov/national/.

      Suggested Citation:

      U.S. Bureau of Economic Analysis, Total wages and salaries, BLS [BA06RC1A027NBEA], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/BA06RC1A027NBEA, April 11, 2025.

      Source: U.S. Bureau of Economic Analysis  

      Release: Gross Domestic Product  

      Units:  Billions of Dollars, Not Seasonally Adjusted

      Frequency:  Annual

      Notes:

      BEA Account Code: A065RC

      Personal income is the income that persons receive in return for their provision of labor, land, and capital used in current production and the net current transfer payments that they receive from business and from government.25 Personal income is equal to national income minus corporate profits with inventory valuation and capital consumption adjustments, taxes on production and imports less subsidies, contributions for government social insurance, net interest and miscellaneous payments on assets, business current transfer payments (net), current surplus of government enterprises, and wage accruals less disbursements, plus personal income receipts on assets and personal current transfer receipts.For more information about this series, please see http://www.bea.gov/national/.

      Suggested Citation:

      U.S. Bureau of Economic Analysis, Personal income [A065RC1A027NBEA], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/A065RC1A027NBEA, April 11, 2025.

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