Oct.-Dec. 1945 (start of
reconversion) (in seasonally
Calendar Year 1944 (global war) adjusted annual rates)
______________________ ____________________
Excess Excess
Expendi- (+), def- Expendi- (+),def-
Economic Group Receipts tures icit(-) Receipts tures icit(-) CONSUMERS
Income after taxes $134 ....... ...... $132 ...... .......
Expenditures ......$98............$107 .......
Excess of receipts, savings (+) ...... ...... +$35 ...... ...... +$25 BUSINESS