erp1994 appendixes 2

Appendix BSTATISTICAL TABLES RELATING TO INCOME,

EMPLOYMENT, AND PRODUCTION

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

CONTENTS

NATIONAL INCOME OR EXPENDITURE:Page

B-l. Gross domestic product, 1959-93 268B-2. Gross domestic product in 1987 dollars, 1959-93 270B-3. Implicit price deflators for gross domestic product, 1959-93 272B-4. Fixed-weighted price indexes for gross domestic product, 1987

weights, 1959-93 274B-5. Changes in gross domestic product and personal consumption ex-

penditures, and related implicit price deflators and fixed-weighted price indexes, 1960-93 276

B-6. Selected per capita product and income series in current and1987 dollars, 1959-93 277

B-7. Gross domestic product by major type of product, 1959-93 278B-8. Gross domestic product by major type of product in 1987 dollars,

1959-93 279B-9. Gross domestic product by sector, 1959-93 280B-10. Gross domestic product by sector in 1987 dollars, 1959-93 281B-ll. Gross domestic product by industry, 1947-91 282B-12. Gross domestic product by industry in 1987 dollars, fixed 1987

weights, 1977-91 283B-13. Gross domestic product of nonfinancial corporate business, 1959-

93 284B-14. Output, costs, and profits of nonfinancial corporate business,

1959-93 285B-15. Personal consumption expenditures, 1959-93 286B-16. Personal consumption expenditures in 1987 dollars, 1959-93 287B-l7. Gross and net private domestic investment, 1959-93 288B-18. Gross and net private domestic investment in 1987 dollars, 1959-

93 289B-19. Inventories and final sales of domestic business, 1959-93 290B-20. Inventories and final sales of domestic business in 1987 dollars,

1959-93 291B-21. Foreign transactions in the national income and product ac-

counts, 1959-93 292B-22. Exports and imports of goods and services and receipts and pay-

ments of factor income in 1987 dollars, 1959-93 293B-23. Relation of gross domestic product, gross national product, net

national product, and national income, 1959-93 294B-24. Relation of national income and personal income, 1959-93 295B-25. National income by type of income, 1959-93 296B-26. Sources of personal income, 1959-93 298B-27. Disposition of personal income, 1959-93 300B-28. Total and per capita disposable personal income and personal

consumption expenditures in current and 1987 dollars, 1959-93 301B-29. Gross saving and investment, 1959-93 302B-30. Personal saving, flow of funds accounts, 1946-93 303B-31. Median money income (in 1992 dollars) and poverty status of

families and persons, by race, selected years, 1971-92 304

263Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

POPULATION, EMPLOYMENT, WAGES, AND PRODUCTIVITY:Page

B-32. Population by age group, 1929-93 305B-33. Population and the labor force, 1929-93 306B-34. Civilian employment and unemployment by sex and age, 1947-93 308B-35. Civilian employment by demographic characteristic, 1954-93 309B-36. Unemployment by demographic characteristics, 1954-93 310B-37. Civilian labor force participation rate and employment/popula-

tion ratio, 1948-93 311B-38. Civilian labor force participation rate by demographic character-

istic, 1954-93 312B-39. Civilian employment/population ratio by demographic character-

istic, 1954-93 313B-40. Civilian unemployment rate, 1948-93 314B-41. Civilian unemployment rate by demographic characteristic,

1950-93 315B-42. Unemployment by duration and reason, 1950-93 316B-43. Unemployment insurance programs, selected data, 1962-93 317B-44. Employees on nonagricultural payrolls, by major industry, 1946-

93 318B-45. Hours and earnings in private nonagricultural industries, 1959-

93 320B-46. Employment cost index, private industry, 1979-93 321B-47. Productivity and related data, business sector, 1947-93 322B-48. Changes in productivity and related data, business sector, 1948-

93 323

PRODUCTION AND BUSINESS ACTIVITY:B-49. Industrial production indexes, major industry divisions, 1947-93 .. 324B-50. Industrial production indexes, market groupings, 1947-93 325B-51. Industrial production indexes, selected manufactures, 1947-93 326B-52. Capacity utilization rates, 1948-93 327B-53. New construction activity, 1929-93 328B-54. New housing units started and authorized, 1959-93 330B-55. Business expenditures for new plant and equipment, 1947-94 331B-56. Manufacturing and trade sales and inventories, 1950-93 332B-57. Manufacturers' shipments and inventories, 1950-93 333B-58. Manufacturers' new and unfilled orders, 1950-93 334

PRICES:B-59. Consumer price indexes for major expenditure classes, 1950-93 335B-60. Consumer price indexes for selected expenditure classes, 1950-93. 336B-61. Consumer price indexes for commodities, services, and special

groups, 1950-93 338B-62. Changes in special consumer price indexes, 1958-93 339B-63. Changes in consumer price indexes for commodities and services,

1929-93 340B-64. Producer price indexes by stage of processing, 1947-93 341B-65. Producer price indexes by stage of processing, special groups,

1974-93 343B-66. Producer price indexes for major commodity groups, 1950-93 344B-67. Changes in producer price indexes for finished goods, 1955-93 346


MONEY STOCK, CREDIT, AND FINANCE:Page

B-68. Money stock, liquid assets, and debt measures, 1959-93 347B-69. Components of money stock measures and liquid assets, 1959-93.. 348B-70. Aggregate reserves of depository institutions and monetary base,

1959-93 350B-71. Commercial bank loans and securities, 1972-93 351B-72. Bond yields and interest rates, 1929-93 352B-73. Total funds raised in credit markets by nonflnancial sectors,

1984-93 354B-74. Mortgage debt outstanding by type of property and of financing,

1940-93 356B-75. Mortgage debt outstanding by holder, 1940-93 357B-76. Consumer credit outstanding, 1952-93 358

GOVERNMENT FINANCE:B-77. Federal receipts, outlays, surplus or deficit, and debt, selected

fiscal years, 1929-95 359B-78. Federal receipts, outlays, and debt, fiscal years, 1982-95 360B-79. Federal budget receipts, outlays, surplus or deficit, and debt, as

percentages of gross domestic product, 1934-95 362B-80. Federal and State and local government receipts and expendi-

tures, national income and product accounts, 1959-93 363B-81. Federal and State and local government receipts and expendi-

tures, national income and product accounts, by major type,1959-93 364

B-82. Federal Government receipts and expenditures, national incomeand product accounts, 1976-93 365

B-83. State and local government receipts and expenditures, nationalincome and product accounts, 1959-93 366

B-84. State and local.government revenues and expenditures, selectedfiscal years, 1927-91 367

B-85. Interest-bearing public debt securities by kind of obligation,1967-93 368

B-86. Maturity distribution and average length of marketable interest-bearing public debt securities held by private investors, 1967-93 369

B-87. Estimated ownership of public debt securities by private inves-tors, 1976-93 370

CORPORATE PROFITS AND FINANCE:B-88. Corporate profits with inventory valuation and capital consump-

tion adjustments, 1959-93 371B-89. Corporate profits by industry, 1959-93 372B-90. Corporate profits of manufacturing industries, 1959-93 373B-91. Sales, profits, and stockholders' equity, all manufacturing corpo-

rations, 1952-93 374B-92. Relation of profits after taxes to stockholders' equity and to

sales, all manufacturing corporations, 1947-93 375B-93. Sources and uses of funds, nonfarm nonfinancial corporate busi-

ness, 1947-93 376B-94. Common stock prices and yields, 1955-93 377B-95. Business formation and business failures, 1950-93 378


AGRICULTURE:Page

B-96. Farm income, 1940-93 379B-97. Farm output and productivity indexes, 1948-91 380B-98. Farm input use, selected inputs, 1948-92 381B-99. Indexes of prices received and prices paid by farmers, 1950-93 382B-100. U.S. exports and imports of agricultural commodities, 1940-93 383B-101. Farm business balance sheet, 1950-92 384

INTERNATIONAL STATISTICS:B-102. International investment position of the United States at year-

end, 1984-92 385B-103. U.S. international transactions, 1946-93 386B-104. U.S. merchandise exports and imports by principal end-use cate-

gory, 1965-93 388B-105. U.S. merchandise exports and imports by area, 1984-93 389B-106. U.S. merchandise exports, imports, and trade balance, 1972-93 390B-107. International reserves, selected years, 1952-93 391B-108. Industrial production and consumer prices, major industrial

countries, 1967-93 392B-109. Civilian unemployment rate, and hourly compensation, major in-

dustrial countries, 1967-93 393B-110. Foreign exchange rates, 1969-93 394B-l l l . Growth rates in real gross domestic product, 1975-93 395

NATIONAL WEALTH:B-112. National wealth, 1946-92 396B-113. National wealth in 1987 dollars, 1946-92 397

SUPPLEMENTARY TABLE:B-114. Selected historical series on gross domestic product and related

series, 1929-58 398


General Notes

Detail in these tables may not add to totals because of rounding.Unless otherwise noted, all dollar figures are in current dollars.Symbols used:

p Preliminary.Not available (also, not applicable).

Data in these tables reflect revisions made by the source agencies fromJanuary 1993 through early February 1994.


NATIONAL INCOME OR EXPENDITURE

TABLE B-l.—Gross domestic product, 1959-93

[Billions of dollars, except as noted; quarterly data at seasonally adjusted annual rates]

Year or quarterGross

domesticproduct

Personal consumption expenditures

Total Durablegoods

Non-durablegoods

Services

Gross private domestic investment

Total

Fixed investment

Total

Nonresidential

Total Struc-tures

Pro-ducers'durableequip-ment

Resi-dential

Changein

busi-nessinven-tories

1959

19601961196219631964

19651966196719681969

19701971197219731974

19751976197719781979

19801981198219831984

19851986198719881989

1990199119921993 "

1982: IV..1983: IV..1984: IV..1985: IV..1986: IV..1987: IV..1988: IV..1989: IV..

1990:1II

IV

1991:1.IIIllIV

1992 :1IIIllIV

1993 :1IIIllIV "...

494.2

513.3531.8571.6603.1648.0

702.7769.8814.3889.3959.5

1,010.71,097.21,207.01,349.61,458.6

1,585.91,768.41,974.12,232.72,488.6

2,708.03,030.63,149.63,405.03,777.2

4,038.74,268.64,539.94,900.45,250.8

5,546.15,722.96,038.56,374.0

3,195.13,547.33,869.14,140.54,336.64,683.05,044.65,344.8

5,461.95,540.95,583.85,597.9

5,631.75,697.75,758.65,803.7

5,908.75,991.46,059.56,194.4

6,261.66,327.66,395.96,510.8

318.1

332.4343.5364.4384.2412.5

444.6481.6509.3559.1603.7

646.5700.3767.8848.1927.7

1,024.91,143.11,271.51,421.21,583.7

1,748.11,926.22,059.22.257.52,460.3

2,667.42,850.63,052.23,296.13,523.1

3,761.23,906.44,139.94,390.6

2,128.72,346.82,526.42,739.82,923.13,124.63,398.23,599.1

3,679.33,727.03,801.73,836.6

3,843.63,887.83,929.83,964.1

4,046.54,099.94,157.14,256.2

4,296.24,359.94,419.14,487.4

42.8

43.541.947.051.856.8

63.568.570.681.086.2

85.397.2

110.7124.1123.0

134.3160.0182.6202.3214.2

212.5228.5236.5275.0317.9

352.9389.6403.7437.1459.4

468.2457.8497.3537.7

246.9297.7328.2354.4406.8408.8452.9458.3

479.8466.0467.3459.5

448.9452.0465.1465.2

484.0487.8500.9516.6

515.3531.6541.9561.9

148.5

153.1157.4163.8169.4179.7

191.9208.5216.9235.0252.2

270.4283.3305.2339.6380.8

416.0451.8490.4541.5613.3

682.9744.2772.3817.8873.0

919.4952.2

1,011.11,073.81,149.5

1,229.21,257.91,300.91,350.2

787.3839.8887.8939.5963.7

1,029.41,105.81,173.5

1,201.71,213.61,241.01,260.7

1,252.31,259.21,260.01,260.0

1,278.21,288.21,305.71,331.7

1,335.31,344.81,352.41,368.4

126.8

135.9144.1153.6163.1175.9

189.2204.6221.7243.1265.3

290.8319.8351.9384.5423.9

474.5531.2598.4677.4756.2

852.7953.5

1,050.41,164.71,269.4

1,395.11,508.81,637.41,785.21,914.2

2,063.82,190.72,341.62,502.7

1,094.61,209.31,310.41,446.01,552.61,686.41,839.51,967.3

1,997.82,047.52,093.42,116.4

2,142.42,176.62,204.82,239.0

2,284.42,323.82,350.52,407.9

2,445.52,483.42,524.82,557.2

78.8

78.777.987.993.4

101.7

118.0130.4128.0139.9155.2

150.3175.5205.6243.1245.8

226.0286.4358.3434.0480.2

467.6558.0503.4546.7718.9

714.5717.6749.3793.6832.3

808.9736.9796.5892.0

464.2614.8722.8737.0697.1800.2814.8825.2

828.9837.8812.5756.4

729.1721.5744.5752.4

750.8799.7802.2833.3

874.1874.1884.0935.8

74.6

75.575.081.887.796.7

108.3116.7117.6130.8145.5

148.1167.5195.7225.4231.5

231.7269.6333.5406.1467.5

477.1532.5519.3552.2647.8

689.9709.0723.0777.4798.9

802.0745.5789.1875.2

510.5594.6671.8704.4715.9740.9797.5795.0

819.3804.5804.1780.3

749.0744.5745.0743.5

755.9786.8792.5821.3

839.5861.0876.3924.1

46.5

49.248.652.855.662.4

74.184.485.292.1

102.9

106.7111.7126.1150.0165.6

169.0187.2223.2274.5326.4

353.8410.0413.7400.2468.9

504.0492.4497.8545.4568.1

586.7555.9565.5622.9

397.7426.9491.5511.3491.7514.3560.2568.8

586.2582.1594.1584.4

566.8561.0552.6543.3

547.0566.3569.2579.5

594.7619.1624.9653.0

18.1

19.619.720.821.223.7

28.331.331.533.637.7

40.342.747.255.061.2

61.465.974.693.9

118.4

137.5169.1178.8153.1175.6

193.4174.0171.3182.0193.3

201.6182.6172.6178.6

168.9154.6184.1195.4168.4180.0186.8198.0

203.6203.2203.8195.7

192.2188.4178.0171.7

173.9174.5170.8171.1

172.4177.6179.1185.2

28.3

29.728.932.134.438.7

45.853.053.758.565.2

66.469.178.995.1

104.3

107.6121.2148.7180.6208.1

216.4240.9234.9247.1293.3

310.6318.4326.5363.4374.8

385.1373.3392.9444.4

228.8272.3307.3315.9323.3334.3373.4370.8

382.5378.9390.3388.7

374.6372.6374.6371.5

373.1391.7398.4408.3

422.2441.6445.8467.8

28.1

26.326.429.032.134.3

34.232.332.438.742.6

41.455.869.775.366.0

62.782.5

110.3131.6141.0

123.3122.5105.7152.0178.9

185.9216.6225.2232.0230.9

215.3189.6223.6252.3

112.8167.7180.4193.1224.2226.5237.3226.2

233.2222.4209.9195.8

182.2183.6192.4200.3

208.9220.6223.3241.8

244.9241.9251.3271.1

4.2

3.22.96.15.75.0

9.713.810.59.19.7

2.38.09.9

17.714.3

-5 .716.724.727.912.8

- 9 . 525.4

-15.9- 5 . 571.1

24.68.6

26.316.233.3

6.9- 8 . 6

7.316.8

-46.320.251.032.6

-18.859.317.330.2

9.633.38.4

-23.9

-19.9-23.0

- . 58.9

- 5 . 112.99.7

12.0

34.613.17.7

11.7

See next page for continuation of table.


TABLE B-l.—Gross domestic product. 1959-93—Continued


Year orquarter

1959

19601961196219631964

19651966196719681969

19701971197219731974

1975197619771978 ,.1979

19801981198219831984

19851986198719881989

1990199119921993 p

1982: IV....1983: IV....1984: IV....1985: IV....1986: IV....1987: IV....1988: IV...1989: IV...

1990: III....III...IV...

1991:1II....III...IV...

1992:1II....III...IV...

1993:1II....III...I V

Net exports of goods andservices

Netexports

-1 .7

2.43.42.43.35.5

3.91.91.4

- 1 . 3-1 .2

1.2-3 .0-8 .0

.6- 3 . 1

13.6- 2 . 3

-23.7-26.1-23.8

-14.7-14.7-20.6-51.4

-102.7

-115.6-132.5-143.1-108.0-79.7

-71.4-19.6-29.6-65.7

-29.5-71.8

-107.1-135.5-133.2-143.2-106.0

-73.9

-73.9-61.3-78.7-71.6

-34.0-11.5-19.8-13.0

- 7 . 0-33.9-38.8-38.8

-48.3-65.1-71.9-77.7

Exports

20.6

25.326.027.429.433.6

35.438.941.445.349.3

57.059.366.291.8

124.3

136.3148.9158.8186.1228.9

279.2303.0282.6276.7302.4

302.1319.2364.0444.2508.0

557.1601.5640.5660.1

265.6286.2308.7304.7333.9392.4467.0523.8

542.0553.5555.3577.6

576.5600.7603.0625.7

633.7632.4641.1654.7

651.3660.0653.2675.8

Imports

22.3

22.822.725.026.128.1

31.537.139.946.650.5

55.862.374.291.2

127.5

122.7151.1182.4212.3252.7

293.9317.7303.2328.1405.1

417.6451.7507.1552.2587.7

628.5621.1670.1725.8

295.1358.0415.7440.2467.1535.6573.1597.7

615.9614.8634.0649.2

610.6612.2622.8638.8

640.7666.3679.9693.5

699.6725.0725.1753.5

Total

99.0

99.8107.0116.8122.3128.3

136.3155.9175.6191.5201.8

212.7224.3241.5257.7288.3

321.4341.3368.0403.6448.5

507.1561.1607.6652.3700.8

772.3833.0881.5918.7975.2

1,047.41,099.31,131.81,157.1

631.6657.6727.0799.2849.7901.4937.6994.5

1,027.71,037.31,048.31,076.5

1,093.01,099.91,104.01,100.2

1,118.51,125.81,139.11,143.8

1,139.71,158.61,164.81,165.3

Governmentpurchases

Federal

Total

57.1

55.358.665.466.467.5

69.581.392.899.2

100.5

100.1100.0106.9108.5117.6

129.4135.8147.9162.2179.3

209.1240.8266.6292.0310.9

344.3367.8384.9387.0401.6

426.5445.9448.8443.4

281.4289.7324.7356.9373.1392.5392.0405.1

422.7423.6423.2436.5

450.2449.4446.8437.4

445.5444.6452.8452.4

442.7447.5443.6439.7

Nation-al

defense

46.4

45.347.952.151.550.4

51.062.073.479.178.9

76.874.177.477.582.6

89.693.4

100.9108.9121.9

142.7167.5193.8214.4233.1

258.6276.7292.1295.6299.9

314.0322.5313.8303.6

205.5222.8242.9268.6278.6295.8296.8302.5

312.1312.5309.1322.5

331.4326.3321.2311.2

312.3310.4316.7315.7

304.8307.6301.9300.0

Non-de-

fense

10.8

10.010.613.314.917.0

18.519.319.420.021.6

23.325.929.431.135.0

39.842.447.053.357.5

66.473.372.777.577.8

85.791.192.991.4

101.7

112.5123.4135.0139.8

75.966.981.988.394.596.795.2

102.6

110.6111.2114.1114.0

118.7123.0125.6126.2

133.1134.2136.1136.7

137.9140.0141.7139.7

Stateandlocal

41.8

44.548.451.455.860.9

66.874.682.792.3

101.3

112.6124.3134.7149.2170.7

192.0205.5220.1241.4269.2

298.0320.3341.1360.3389.9

428.1465.3496.6531.7573.6

620.9653.4683.0713.7

350.3367.9402.2442.4476.6509.0545.7589.3

605.0613.7625.1640.0

642.9650.5657.3662.8

673.0681.2686.2691.4

697.0711.1721.2725.6

Finalsales ofdomes-

ticproduct

490.0

510.1528.9565.5597.5643.0

693.0756.0803.8880.2949.8

1,008.41,089.21,197.11,331.91,444.4

1,591.51,751.71,949.42,204.82,475.9

2,717.53,005.23,165.53,410.63.706.1

4,014.14,260.04,513.74,884.25,217.5

5,539.35,731.66,031.26,357.2

3,241.43,527.13,818.14,107.94,355.44,623.75,027.35,314.6

5,452.45,507.65,575.35,621.8

5,651.65,720.85,759.15,794.8

5,913.95,978.66,049.96.182.5

6,227.16,314.56,388.26,499.0

Grossdomes-tic pur-chases '

495.8

510.9528.4569.1599.8642.5

698.8767.9812.9890.6960.7

1.009.51,100.21,215.01,349.01,461.8

1,572.31,770.71,997.82,258.82,512.5

2,722.83,045.33,170.23,456.53,879.9

4,154.34,401.24,683.05,008.45,330.5

5,617.55,742.56,068.26,439.7

3,224.63,619.13,976.24,276.04,469.84,826.25,150.75,418.7

5,535.95,602.25,662.45,669.5

5,665.85,709.25,778.45,816.7

5,915.86,025.36,098.36,233.2

6,309.96,392.76,467.86,588.5

Adden-dum:Gross

nationalprod-uct2

497.0

516.6535.4575.8607.7653.0

708.1774.9819.8895.5965.6

1,017.11,104.91,215.71,362.31,474.3

1,599.11,785.51,994.62,254.52,520.8

2,742.13,063.83,179.83,434.43,801.5

4,053.64,277.74,544.54,908.25,266.8

5,567.85,737.16,045.8

3,222.63,578.43,890.24,156.24,340.54,690.55,054.35,365.0

5,482.15,559.35,599.95,630.0

5,656.15,710.65,766.25,815.5

5,927.65,996.36,067.36,191.9

6,262.16,327.16,402.3

Percent changefrom preceding

period

Grossdomes-

ticproduct

8.7

3.93.67.55.57.4

8.49.55.89.27.9

5.38.6

10.011.88.1

8.711.511.613.111.5

8.811.93.98.1

10.9

6.95.76.47.97.2

5.63.25.55.6

9.15.93.11.0

2.44.84.33.2

7.45.74.69.2

4.44.34.47.4

Grossdomestic

pur-chases '

9.1

3.03.47.75.47.1

8.89.95.99.67.9

5.19.0

10.411.08.4

7.612.612.813.111.2

8.411.84.19.0

12.2

7.15.96.46.96.4

5.42.25.76.1

8.94.94.4

.5

- . 33.14.92.7

7.07.64.99.1

5.05.44.87.7

1 Gross domestic product (GDP) less exports of goods and services plus imports of goods and services.2 GDP plus net receipts of factor income from rest of the world.Source-. Department of Commerce, Bureau of Economic Analysis.


TABLE B-2.—Gross domestic product in 1987 dollars, 1959-93

[Billions of 1987 dollars, except as noted; quarterly data at seasonally adjusted annual rates]

Year orquarter

Grossdomesticproduct

Personal consumptionexpenditures

TotalDurablegoods

Non-durablegoods

Services

Gross private domestic investment

Total

Fixed investment

Total

Nonresidential

Total Struc-tures


Resi-dential

Changein

busi-ness

inven-tories

1959

19601961196219631964

19651966196719681969

19701971197219731974

19751976197719781979

19801981198219831984

19851986198719881989

1990199119921993 p.

1982: IV1983: IV1984: IV1985: IV1986: IV1987:IV1988: IV1989: IV

1990: IIIIllIV

1991: IIIIllIV

1992: III

IV

1993: III

1,928.8

1,970.82,023.82,128.12,215.62,340.6

2,470.52,616.22,685.22,796.92,873.0

2,873.92,955.93,107.13,268.63,248.1

3,221.73,380.83,533.33,703.53,796.8

3,776.33,843.13,760.33,906.64,148.5

4,279.84,404.54,539.94,718.64,838.0

4,897.34,861.44,986.35,132.7

3,759.64,012.14,194.24,333.54,427.14,625.54,779.74,856.7

4,892.34,917.14,906.54,867.2

4,837.84,855.64,872.64,879.6

4,922.04,956.54,998.25,068.3

5,078.25,102.15,138.35,212.1

1,178.9

1,210.81,238.41,293.31,341.91,417.2

1,497.01,573.81,622.41,707.51,771.2

1,813.51,873.71,978.42,066.72,053.8

2,097.52,207.32,296.62,391.82,448.4

2,447.12,476.92,503.72,619.42,746.1

2,865.82,969.13,052.23,162.43,223.3

3,272.63,258.63,341.83,452.5

2,539.32,678.22,784.82,895.33,012.53,074.73,202.93,242.0

3,264.43,271.63,288.43,265.9

3,242.73,256.93,267.13,267.5

3,302.33,316.83,350.93,397.2

3,403.83,432.73,469.63,503.9

114.4

115.4109.4120.2130.3140.7

156.2166.0167.2184.5190.8

183.7201.4225.2246.6227.2

226.8256.4280.0292.9289.0

262.7264.6262.5297.7338.5

370.1402.0403.7428.7440.7

443.1426.6456.6489.7

272.3319.1347.7369.6415.7404.7439.2436.8

454.8441.8442.4433.2

420.3422.0432.6431.5

446.6447.5459.0473.4

471.9484.2493.1509.9

518.5

526.9537.7553.0563.6588.2

616.7647.6659.0686.0703.2

717.2725.6755.8777.9759.8

767.1801.3819.8844.8862.8

860.5867.9872.2900.3934.6

958.7991.0

1,011.11,035.11,051.6

1,060.71,048.21,062.91,088.1

880.7915.2942.9968.7

1,000.91,014.61,046.81,058.9

1,059.81,060.61,065.01,057.5

1,048.21,051.11,049.31,044.0

1,052.01,055.01,062.91,081.8

1,076.01,083.11,093.01,100.1

546.0

568.5591.3620.0648.0688.3

724.1760.2796.2837.0877.2

912.5946.7997.4

1,042.21,066.8

1,103.61,149.51,196.81,254.11,296.5

1,323.91,344.41,368.91,421.41,473.0

1,537.01,576.11,637.41,698.51,731.0

1,768.81,783.81,822.31,874.7

1,386.21,443.91,494.21,557.11,595.81,655.51,716.91,746.3

1,749.81,769.21,781.11,775.2

1,774.21,783.81,785.21,792.0

1,803.71,814.31,829.01,842.0

1,855.91,865.41,883.51,893.9

296.4

290.8289.4321.2343.3371.8

413.0438.0418.6440.1461.3

429.7475.7532.2591.7543.0

437.6520.6600.4664.6669.7

594.4631.1540.5599.5757.5

745.9735.1749.3773.4784.0

746.8675.7732.9820.9

503.5669.5756.4763.1705.9793.8785.0769.5

766.5773.9751.0695.7

667.8659.8682.8692.3

691.7737.0739.6763.0

803.0803.6813.4863.6

282.8

282.7282.2305.6327.3356.2

387.9401.3391.0416.5436.5

423.8454.9509.6554.0512.0

451.5495.1566.2627.4656.1

602.7606.5558.0595.1689.6

723.8726.5723.0753.4754.2

741.1684.1726.4805.5

548.4640.2708.4732.9725.9733.9764.1744.6

761.8745.8740.1716.6

685.2682.1683.8685.2

696.7724.4730.0754.3

773.7790.6806.9851.0

165.2

173.3172.1185.0192.3214.0

250.6276.7270.8280.1296.4

292.0286.8311.6357.4356.5

316.8328.7364.3412.9448.8

437.8455.0433.9420.8490.2

521.8500.3497.8530.8540.0

546.5514.5529.2591.3

417.2449.6509.6525.5495.5510.6538.8536.7

550.2544.5551.2540.2

521.4517.8512.8506.1

510.5528.8533.8543.7

562.3584.3594.8623.8

74.4

80.882.386.186.995.9

111.5119.1116.0117.4123.5

123.3121.2124.8134.9132.3

118.0120.5126.1144.1163.3

170.2182.9181.3160.3182.8

197.4176.6171.3174.0177.6

179.5160.2150.6151.4

173.2162.6189.5198.3170.4177.9175.7179.8

182.9181.6180.9172.8

169.0165.2155.6151.0

152.8152.9148.8148.0

148.2151.1151.2155.1

90.8

92.589.898.9

105.4118.1

139.1157.6154.8162.7172.9

168.7165.6186.8222.4224.2

198.8208.2238.2268.8285.5

267.6272.0252.6260.5307.4

324.4323.7326.5356.8362.5

367.0354.3378.6439.9

244.0287.0320.1327.2325.0332.7363.1356.9

367.3363.0370.3367.4

352.5352.6357.2355.2

357.7375.9385.1395.7

414.1433.2443.6468.7

117.6

109.4110.1120.6135.0142.1

137.3124.5120.2136.4140.1

131.8168.1198.0196.6155.6

134.7166.4201.9214.5207.4

164.8151.6124.1174.2199.3

202.0226.2225.2222.7214.2

194.5169.5197.1214.2

131.2190.6198.8207.4230.5223.3225.3208.0

211.6201.2189.0176.3

163.8164.3171.0179.1

186.2195.6196.2210.6

211.4206.2212.1227.2

13.6

8.17.2

15.616.015.7

25.136.727.623.624.8

5.920.822.537.730.9

-13 .925.534.337.213.6

- 8 . 324.6

-17 .54.4

67.9

22.18.5

26.319.929.8

5.7- 8 . 4

6.515.4

-44.929.347.930.2

-20.159.920.924.9

4.728.110.9

-20.9

-17.4-22.3

- . 97.1

- 5 . 012.69.68.7

29.313.06.5

12.7



TABLE B-2.—Gross domestic product in 1987 dollars, 1959-93—Continued

[Billions of 1987 dollars, except as noted; quarterly data at seasonally adjusted annual rates]

Year orquarter

Net exports of goods andservices

Netexports Exports Imports

Governmentpurchases

Total

Federal

Total

Nation-al

de-fense

Non-de-

fense

Stateandlocal

Finalsales ofdomes-

ticproduct

Grossdomes-tic pur-chases 1

Adden-dum:Gross

nationalprod-uct 2

Percent changefrom preceding

period

Grossdomes-

ticprod-uct

Grossdomestic

pur-chases *

1959..

I960..1961..1962..1963..1964..

1965..1966..1967..1968..1969..

19701971197219731974

19751976197719781979

19801981198219831984

19851986198719881989

1990199119921993 ".


1990: IIIIII...IV...

1991: IIIIII..IV..

1992: III

1993: III

IV "

-21.8

- 7 . 6- 5 . 5

-10 .5- 5 . 8

2.5

-6 .4-18.0-23.7-37 .5-41 .5

-35.2-45.9-56 .5-34 .1

- 4 . 1

23.1- 6 . 4

-27.8-29.9-10.6

30.722.0

- 7 . 4-56.1

-122.0

-145.3-155.1-143.1-104.0-73.7

-54.7-19.1-33.6-79.3

-19.0-83.7

-131.4-155.4-156.0-136.0-102.7-67.4

-60.8-58.9-62.2-36.8

-21.6-13 .3-25.0-16.4

-15.2-38.0-42 .5-38.8

-59.9-75.2-86 .3-95.6

73.8

89.995.0

101.8115.4

118.1125.7130.0140.2147.8

161.3161.9173.7210.3234.4

232.9243.4246.9270.2293.5

320.5326.1296.7285.9305.7

309.2329.6364.0421.6471.8

510.5543.4578.0596.4

280.4291.5312.8312.0342.9386.1438.2487.7

501.8511.1508.6520.4

519.4542.9546.9564.2

571.0570.2579.3591.6

588.0593.2591.9612.5

95.6

96.195.3

105.5107.7112.9

124.5143.7153.7177.7189.2

196.4207.8230.2244.4238.4

209.8249.7274.7300.1304.1

289.9304.1304.1342.1427.7

454.6484.7507.1525.7545.4

565.1562.5611.6675.7

299.4375.1444.2467.4498.9522.1540.9555.0

562.6570.0570.7557.2

541.0556.2571.9580.7

586.2608.2621.8630.3

647.9668.4678.2708.1

475.3

476.9501.5524.2536.3549.1

566.9622.4667.9686.8682.0

665.8652.4653.0644.2655.4

663.5659.2664.1677.0689.3

704.2713.2723.6743.8766.9

813.4855.4881.5886.8904.4

932.6946.3945.2938.6

735.9748.1784.3830.5864.8893.0894.5912.6

928.1930.6929.2942.4

948.9952.3947.6936.2

943.1940.7950.2946.9

931.3941.1941.7940.1

265.7

259.0270.1287.3285.7281.8

282.1319.3350.9353.1340.1

315.0290.8284.4265.3262.6

262.7258.2263.1268.6271.7

284.8295.8306.0320.8331.0

355.2373.0384.9377.3376.1

384.1386.5373.0355.1

316.0322.2341.7363.7377.5391.6378.4376.1

385.4384.7379.6386.5

393.8393.6386.6372.1

372.1369.2377.0373.7

357.6359.4353.7349.8

209.6191.3185.8

184.9179.9181.6182.1185.1

194.2206.4221.4234.2245.8

265.6280.6292.1287.0281.4

283.6281.3261.2242.7

229.4242.9254.3272.1282.2295.0285.7281.5

285.3285.0278.5285.7

292.0288.7279.4264.9

261.2257.9264.4261.3

246.0246.4240.1238.2

74.874.176.8

77.878.381.486.586.6

90.689.484.786.685.1

89.592.492.990.294.8

100.4105.3111.8112.5

86.679.387.491.695.396.692.794.7

100.199.8

101.1100.8

101.8104.9107.2107.2

110.9111.3112.5112.4

111.5113.0113.7111.6

209.6

217.9231.4236.9250.6267.3

284.8303.1317.0333.7341.9

350.9361.6368.6378.9392.9

400.8401.1401.0408.4417.6

419.4417.4417.6423.0436.0

458.2482.4496.6509.6528.3

548.5559.7572.2583.4

419.9425.9442.6466.7487.3501.4516.1536.5

542.8545.9549.6555.8

555.1558.7561.0564.1

571.0571.5573.2573.2

573.7581.6588.0590.4

1,915.2

1,962.72,016.62,112.52,199.62,324.9

2,445.42,579.52,657.52,773.22,848.2

2,868.02,935.23,084.53,230.93,217.2

3,235.63,355.33,499.03,666.33,783.2

3,784.63,818.63,777.83,902.24,080.6

4,257.64,395.94,513.74,698.64,808.3

4,891.64,869.84,979.85,117.3

3,804.53,982.84,146.24,303.34,447.24,565.64,758.74,831.8

4,893.64,889.04,895.64,888.0

4,855.24,878.04,873.54,872.5

4,926.94,943.84,988.65,059.6

5,048.95,089.15,131.85,199.4

1,950.6

1,978.52,029.32,138.62,221.42,338.1

2,476.92,634.22,708.92,834.42,914.5

2,909.13,001.83,163.63,302.73,252.2

3,198.63,387.13,561.13,733.33,807.4

3,745.73,821.23,767.73,962.84,270.5

4,425.14,559.64,683.04,822.64,911.7

4,951.94,880.55,019.95,211.9

3,778.64,095.84,325.54,488.94,583.14,761.54,882.44,924.1

4,959.14,976.04,968.64,904.0

4,859.44,869.04,897.64,896.0

4,937.14,994.55,040.75,107.1

5,138.15,177.45,224.65,307.7

1,939.6

1,982.82,037.12,143.32,231.82,358.1

2,488.92,633.22,702.62,815.62,890.9

2,891.52,975.93,128.83,298.63,282.4

3,247.63,412.23,569.03,739.03,845.3

3,823.43,884.43,796.13,939.64,174.5

4,295.04,413.54,544.54,726.34,852.7

4,916.54,874.54,994.0

3,791.74,046.64,216.44,349.54,430.84,633.04,789.04,875.1

4,916.44,933.44,920.94,895.4

4,859.34,867.54,880.34,890.9

4,939.04,962.25,006.45,068.4

5,080.75,104.15,145.8

5.5

2.22.75.24.15.6

5.55.92.64.22.7

.02.95.15.2

- . 6

4.94.54.82.5

- . 51.8

-2 .23.96.2

3.22.93.13.92.5

1.2- . 72.62.9

3.51.5

- . 9-3 .2

- 2 . 41.51.4.6

3.52.83.45.7

5.8

1.42.65.43.95.3

5.96.42.84.62.8

- . 23.25.44.4

- 1 . 5

- 1 . 65.95.14.82.0

-1 .62.0

- 1 . 45.27.8

3.63.02.73.01.8

-1.42.93.8

2.91.4

- . 6- 5 . 1

- 3 . 6.8

2.4- . 1

3.44.73.85.4

2.53.13.76.5

1 Gross domestic product (GDP) less exports of goods and services plus imports of goods and services.2 GDP plus net receipts of factor income from rest of the world.

Source: Department of Commerce, Bureau of Economic Analysis.


TABLE B-3.—Implicit price deflators for gross domestic product, 1959-93

[Index numbers, 1987 = 100, except as noted; quarterly data seasonally adjusted]


domesticproduct


TotalDurablegoods

Non-durablegoods

Services

Gross private domestic investment:Fixed investment

Total

Nonresidential

Total Struc-tures


Residen-tial

1959

19601961196219631964

19651966196719681969

19701971197219731974

19751976197719781979

19801981198219831984

19851986198719881989

1990199119921993 P

1982.1V1983: IV1984: IV....1985: IV1986: IV1987: IV....1988: IV1989: IV

1990:1IIIII....IV....

1991:1IIIllIV

1992:1IIIII....IV....

1993:1IIIII....IV..

25.6

26.026.326.927.227.7

28.429.430.331.833.4

35.237.138.841.344.9

49.252.355.960.365.5

71.778.983.887.291.0

94.496.9100.0103.9108.5

113.3117.7121.1124.2

85.088.492.395.598.0101.2105.5110.1

111.5112.7113.8115.0

116.4117.3118.2118.9

120.0120.9121.2122.2

123.3124.0124.5124.9

27.0

27.527.728.228.629.1

29.730.631.432.734.1

35.637.438.841.045.2

48.951.855.459.464.7

71.477.882.286.289.6

93.196.0

100.0104.2109.3

114.9119.9123.9127.2

83.887.690.794.697.0

101.6106.1111.0

112.7113.9115.6117.5

118.5119.4120.3121.3

122.5123.6124.1125.3

126.2127.0127.4128.1

37.4

37.738.339.139.740.4

40.641.342.343.945.2

46.448.349.250.354.1

59.262.465.269.174.1

80.986.490.192.493.9

95.496.9

100.0102.0104.2

105.7107.3108.9109.8

90.693.394.495.997.8

101.0103.1104.9

105.5105.5105.6106.1

106.8107.1107.5107.8

108.4109.0109.1109.1

109.2109.8109.9110.2

28.6

29.129.329.630.130.5

31.132.232.934.335.9

37.739.040.443.750.1

54.256.459.864.171.1

79.485.788.690.893.4

95.996.1

100.0103.7109.3

115.9120.0122.4124.1

89.491.894.297.096.3

101.5105.6110.8

113.4114.4116.5119.2

119.5119.8120.1120.7

121.5122.1122.8123.1

124.1124.2123.7124.4

23.2

23.924.424.825.225.6

26.126.927.829.030.2

31.933.835.336.939.7

43.046.250.054.058.3

64.470.976.781.986.2

90.895.7

100.0105.1110.6

116.7122.8128.5133.5

79.083.787.792.997.3

101.9107.1112.7

114.2115.7117.5119.2

120.8122.0123.5124.9

126.6128.1128.5130.7

131.8133.1134.0135.0

26.4

26.726.626.826.827.1

27.929.130.131.433.3

34.936.838.440.745.2

51.354.558.964.771.2

79.287.893.192.893.9

95.397.6

100.0103.2105.9

108.2109.0108.6108.7

93.192.994.896.198.6

101.0104.4106.8

107.6107.9108.6108.9

109.3109.2109.0108.5

108.5108.6108.6108.9

108.5108.9108.6108.6

28.1

28.428.228.628.929.2

29.630.531.532.934.7

36.539.040.542.046.4

53.356.961.366.572.7

90.195.395.195.7

96.698.4

100.0102.8105.2

107.3108.0106.9105.3

95.395.096.497.399.2

100.7104.0106.0

106.5106.9107.8108.2

108.7108.3107.8107.3

107.1107.1106.6106.6

105.7106.0105.1104.7

24.4

24.224.024.124.424.7

25.426.327.228.630.5

32.735.237.840.746.3

52.054.759.265.272.5

80.892.598.695.596.1

98.098.5

100.0104.6108.9

112.3114.0114.6117.9

97.595.197.298.598.8

101.2106.3110.1

111.3111.9112.7113.3

113.8114.0114.4113.8

113.8114.2114.8115.7

116.3117.5118.5119.4

31.2

32.132.232.432.632.8

32.933.634.736.037.7

39.441.742.242.746.5

54.158.262.467.272.9

80.988.593.094.895.4

95.798.4

100.0101.9103.4

104.9105.4103.8101.0

93.894.996.096.599.5

100.5102.8103.9

104.2104.4105.4105.8

106.3105.7104.9104.6

104.3104.2103.5103.2

102.0101.9100.599.8

23.9

24.024.024.023.824.1

24.925.926.928.430.4

31.433.235.238.342.4

46.649.654.661.368.0

74.880.985.287.389.7

92.095.8

100.0104.2107.8

110.7111.8113.4117.8

86.088.090.793.197.3

101.5105.3108.8

110.2110.5111.1111.1

111.3111.7112.5111.8

112.2112.8113.8114.9

115.8117.3118.5119.3



TABLE B-3.—Implicit price deflators for gross domestic product, 1959-93—Continued

[Index numbers, 1987=100, except as noted; quarterly data seasonally adjusted]

Year or quarter

Exports andimports of goods

and services

Exports Imports

Government purchasesof goods

and services

Total

Federal

Total Nationaldefense

Non-defense

Stateandlocal

Finalsales ofdomes-

ticproduct

Grossdomestic

pur-chases '

Percentchange

frompreced-

period,GDP

implicitpricedefla-tor2

1959..

1960..1961..1962..1963..1964..

1965..1966..1967..1968..1969..

19701971197219731974

1985....1986....1987....1988....1989....

1990: I ....II...

1991:1

1992: I ..

1993: I ..IIIllIV P....

28.0

28.629.028.928.929.1

23.4

23.823.823.724.324.9

20.8

20.921.322.322.823.4

21.5

21.321.722.823.323.9

19751976197719781979

19801981198219831984

1990199119921993"


IV

30.031.031.832.333.3

35.336.638.143.653.0

58.561.264.368.978.0

87.192.995.296.898.9

97.796.9

100.0105.3107.7

109.1110.7110.8110.7

94.798.298.797.797.4

101.6106.6107.4

108.0108.3109.2111.0

111.0110.6110.2110.9

111.0110.9110.7110.7

110.8111.3110.4110.3

25.325.826.026.226.7

28.430.032.237.353.5

58.560.566.470.783.1

101.4104.599.795.994.7

91.993.2

100.0105.1107.8

111.2110.4109.6107.4

98.595.493.694.293.6

102.6106.0107.7

109.5107.9111.1116.5

112.9110.1108.9110.0

109.3109.6109.3110.0

108.0108.5106.9106.4

24.025.026.327.929.6

31.934.437.040.044.0

48.451.855.459.665.1

72.078.784.087.791.4

95.097.4

100.0103.6107.8

112.3116.2119.7123.3

85.887.992.796.298.3

100.9104.8109.0

110.7111.5112.8114.2

115.2115.5116.5117.5

118.6119.7119.9120.8

122.4123.1123.7123.9

24.625.526.528.129.6

31.834.437.640.944.8

49.352.656.260.466.0

73.481.487.191.093.9

96.998.6

100.0102.6106.8

111.0115.4120.3124.8

89.089.995.098.198.8

100.2103.6107.7

109.7110.1111.5112.9

114.3114.2115.6117.5

119.7120.4120.1121.1

123.8124.5125.4125.7

36.940.544.5

48.551.955.659.865.8

73.581.187.691.694.8

97.398.6

100.0103.0106.6

110.7114.7120.1125.1

89.691.795.598.798.7

100.3103.9107.5

109.4109.6111.0112.9

113.5113.0114.9117.5

119.6120.3119.8120.8

123.9124.8125.7126.0

39.341.945.5

51.254.157.761.766.4

73.382.185.989.591.3

95.798.6

100.0101.4107.3

112.0117.2120.8124.3

87.784.393.796.499.2

100.1102.6108.4

110.5111.4112.8113.1

116.7117.3117.2117.8

120.0120.6121.0121.6

123.6123.9124.6125.1

19.9

20.420.921.722.322.8

23.524.626.127.729.6

32.134.436.539.443.5

47.951.254.959.164.5

71.176.781.785.289.4

93.496.4

100.0104.3108.6

113.2116.7119.4122.3

83.486.490.994.897.8

101.5105.7109.9

111.5112.4113.7115.2

115.8116.4117.2117.5

117.9119.2119.7120.6

121.5122.3122.7122.9

25.6

26.026.226.827.227.7

28.329.330.231.733.3

35.237.138.841.244.9

49.252.255.760.165.4

71.878.783.887.490.8

94.396.9

100.0103.9108.5

113.2117.7121.1124.2

85.288.692.195.597.9

101.3105.6110.0

111.4112.7113.9115.0

116.4117.3118.2118.9

120.0120.9121.3122.2

123.3124.1124.5125.0

25.4

25.826.026.627.027.5

28.229.230.031.433.0

34.736.738.440.844.9

49.252.356.160.566.0

72.779.784.187.290.9

93.996.5

100.0103.9108.5

113.4117.7120.9123.6

85.388.491.995.397.5

101.4105.5110.0

111.6112.6114.0115.6

116.6117.3118.0118.8

119.8120.6121.0122.1

122.8123.5123.8124.1

2.8

1.61.22.31.11.8

2.53.53.15.05.0

5.45.44.66.48.7

9.66.36.97.98.6

9.510.06.24.14.4

3.72.63.23.94.4

4.43.92.92.5

5.24.44.04.3

5.03.13.12.4

3.83.01.03.3

3.62.31.51.4

1 Gross domestic product (GDP) less exports of goods and services plus imports of goods and services.2 Quarterly changes are at annual rates.

Note.—Separate deflators are not calculated for gross private domestic investment, change in business inventories, and net exportsof goods and services.



TABLE B-4.—Fixed-weighted price indexes for gross domestic product, 1987 weights, 1959-93

[Index numbers, 1987 = 100, except as noted; quarterly data seasonally adjusted]

Year or quarter

Grossdomes-

ticprod-uct


TotalDura-

blegoods

Non-durablegoods

Serv-ices

Gross private domestic investment:Fixed investment

Total

Nonresidential

TotalStruc-tures


Resi-dential

1959

19601961196219631964

19651966196719681969

19701971197219731974

19751976197719781979

19801981198219831984

19851986198719881989

1990199119921993"


1990: I....

IV

1991:1..

IV...

1992:1

IV..

1993:1IIIllIV

84.888.191.1

94.397.0

100.0104.0108.6

113.6118.2122.1125.9

86.389.392.395.598.0

101.3105.6110.2

111.7112.9114.3115.3

116.8117.8118.7119.5

120.8121.8122.5123.5

124.8125.6126.3127.0

30.4

30.831.131.331.631.9

32.232.833.735.036.3

37.939.540.842.746.7

50.553.356.760.765.8

72.678.983.286.789.9

93.396.1

100.0104.3109.5

115.2120.5124.9128.7

84.788.291.094.897.1

101.6106.2111.2

113.0114.2115.9117.9

119.0119.9121.0122.0

123.4124.5125.5126.5

127.5128.4128.9129.7

54.4

54.153.853.453.153.1

52.151.351.853.154.2

55.156.757.157.861.0

66.069.171.775.280.0

84.789.592.493.794.9

96.097.1

100.0102.0104.5

106.3109.1111.5113.8

92.694.595.296.397.9

101.0103.3105.2

105.9106.0106.3106.9

108.1108.7109.6110.0

110.7111.5111.8112.1

112.6113.5114.1114.9

31.4

31.832.032.132.532.8

33.334.335.136.538.1

39.941.142.445.351.3

55.357.560.864.771.3

79.686.088.891.193.7

96.296.1

100.0103.8109.5

116.2120.5123.0124.9

89.792.094.497.296.3

101.5105.7111.0

113.8114.6116.8119.7

119.9120.3120.5121.2

122.0122.7123.4123.8

124.9125.0124.5125.2

23.9

24.525.025.325.726.1

26.727.428.329.630.7

32.434.335.937.440.3

43.746.950.554.659.0

65.371.977.482.486.4

90.995.8

100.0105.1110.7

116.8123.3129.5134.6

79.684.287.992.997.3

101.9107.2112.8

114.3115.9117.8119.5

121.2122.5124.0125.5

127.3128.8130.1131.6

132.8134.2135.2136.2

24.1

24.124.024.224.524.9

25.626.627.528.830.7

32.835.237.940.846.3

51.553.757.863.771.3

95.694.894.7

95.797.9

100.0103.3106.3

109.1110.8112.0114.7

95.494.695.196.498.8

101.0104.5107.3

108.3108.7109.5110.0

110.5110.6111.0110.9

111.2111.7112.4112.8

113.5114.4115.2115.7

100.398.396.8

97.398.8

100.0102.8105.6

108.4110.2111.4113.3

99.697.697.097.999.5

100.7104.0106.6

107.4107.9108.7109.4

110.1110.1110.3110.4

110.7111.2111.7112.0

112.4113.1113.6114.0

78.587.392.992.594.1

96.998.5

100.0104.6109.0

112.4113.9114.6117.8

93.592.495.397.899.0

101.2106.2110.3

111.4112.0112.8113.3

113.7114.0114.4113.7

113.8114.2114.8115.6

116.3117.4118.4119.3

104.2101.398.3

97.599.0

100.0101.9103.9

106.2108.3109.7110.9

102.8100.397.997.999.8

100.5102.9104.7

105.3105.7106.6107.4

108.1108.0108.2108.7

109.1109.6110.1110.1

110.4110.9111.2111.2

25.0

25.125.125.024.724.9

25.526.427.228.630.6

31.733.535.538.642.7

46.749.754.761.468.2

75.381.385.387.389.8

92.195.8

100.0104.3107.8

110.7111.9113.4117.7

86.288.090.893.197.3

101.5105.4108.8

110.2110.5111.1111.1

111.4111.8112.6112.0

112.3112.8113.8114.8

115.8117.2118.5119.3



TABLE B-4.—Fixed-weighted price indexes for gross domestic product, 1987 weights, 1959-93—Continued

[Index numbers, 1987=100, except as noted; quarterly data seasonally adjusted]

Year or quarter

1959

19601961196219631964

19651966196719681969

19701971 .1972 ...1973197419751976197719781979

19801981198219831984

198519861987 . . .198819891990199119921993".. .. .1982: IV1983- IV1984- IV1985- IV1986: IV1987- IV1988: IV1989- IV1990:1

IllIV

1991-1 .IIIllIV

1992-1IIIllIV

1993-1IIIII

Exports andimports of goods

and services

Exports

100.499.799.998.297.3

100.0105.7108.2

110.0112.4113.7115.599.4

100.399.397.997.6

101.7107.0108.1

108.8109.2110.3111.9112.4112.2112.1112.91131113.7113.9114.3114.7115 5115.7116.0

Im-ports

101.297.796.8

94.693.8

100.0105.4108.5112.4113.8115.1114.999.497.396.096.093.7

102.8106.5108.6

110.3108.81120118.3115.4113.1112.6114.1

1139114.5116.3115.9

114.51156114.8114.9

Government purchasesof goods

and services

Total

246

25125.526326 827.327 929030.231.833.7

36238.641.143.746.9

51.454.457 761.766.8

73.379.685 088.592.295.497.6

100.0103.7107.9112.6116.7120.6124.286.789.393.996.998.3

101.0104.8109.1111.0111.81131114.4

115.5116.1117.0118.0

1193120.3121.0121.7

123.21240124.8124.8

Federal

Total

286

29029330030631.3

32032833.935.637.4

40242.946.048.450.2

54.657.360464.168.975.282.388592.295.697.999.0

100.0102.8107.0111.8116.5121.8126.190.492.797.799.499.0

100.2103.7108.2110.3111.0112.4113.5115.2115.6116.7118.6

1206121.41222122.8

125.11258126.8126.6

Nation-al

de-fense

46.249.051.2

55.157.860764.569.6

76.383.389793.596.9

98.899.5

100.0103.1107.1112.1116.5122.3127.191.493.999.3

100.599.3

100.3103.9108.3

110.6111.3112.7114.0

115.1115.3116.7118.91210121.8122.8123.5125.91268127.9127.7

Nonde-fense

45.246.447.4

52.955.859462.866.6

71.979.184788.491.4

94.997.5

100.0102.0106.7110.8116.5120.2122.987.188.792.695.998.3

100.1102.9107.8109.5110.2111.4112.0

115.5116.3116.8117.5119.6119.9120.3120.9122.5122.5123.4123.2

Stateandlocal

21 5

22122.523 423 824 2

24 826 027 428.930.8

33135.337.340.144.3

48.952.155 759.965.1

71.977.682 385.589.693.596.5

100.0104.3108.6113.2116.8119.6122.883.886.791.194.997.8

101.5105.8109.9111.5112.4113.7115.1

115.8116.4117.2117.7

118.2119.5120.0120.9

121.8122.7123.2123.4

Finalsales

ofdomes-

ticprod-uct

84 988.291.294.497.0

100.0104.0108.6113.6118.3122.2126.086.389.492.395.698.0

101.3105.7110.2111.8113.0114.3115.4

116.8117.8118.8119.6120.8121.8122.6123.6124.9125.7126.4127.1

Grossdomes-

ticpur-

chases J

85.488.391.0

94.096.6

100.0104.0108.6113.7118.2122.0125.586.789.392.195.497.6

101.4105.6110.2

111.8112.8114.3115.9117.0117.7118.6119.5120.6121.6122.5123.4124.4125.3125.9126.5

Per-cent

changefrom

preced-ing

period,GDP

fixed-weight-

edprice

index2

3.93.4

3.52.83.14.04.5

4.64.13.33.1

5.84.44.73.8

5.13.43.42.7

4.23.42.53.14.32.82.12.2

1 Gross domestic product (GDP) less exports of goods and services plus imports of goods and services.* Quarterly changes are at annual rates.Note.—Separate deflators are not calculated for gross private domestic investment, change in business inventories, and net exports

of goods and services.Source.- Department of Commerce, Bureau of Economic Analysis.


TABLE B-5.—Changes in gross domestic product and personal consumption expenditures, and related

implicit price deflators and fixed-weighted price indexes, 1960-93

[Percent change from preceding period; quarterly data at seasonally adjusted annual rates]

Year or quarter

19601961196219631964

1965. .1966196719681969

19701971197219731974

197519761977 . . .19781979

1980198119821983. ..1984

19851986198719881989

1990 .199119921993".

1987-1II111IV..

1988:1IIIllIV

1989:1II .IllIV

1990:1 ..IIIIIIV

1991:1II111IV

1992:1 . . .IIIIIIV.

1993:1..IIIII..IV

Gross domestic product

Currentdollars

3.93.67.55.57.4

849.5589.27.9

5.38.6

10.011.88.1

8.711.511.613.111.5

8.81193.98.1

10.9

6.95.76.47.97.2

56325.55.6

688 17.29.9

6.19.17.68.1

8.6633.851

9.1593.11.0

2.4484.332

7.4574.69.2

4.4434.47.4

Constant(1987)dollars

2.22.75.24.15.6

555.9264.22.7

.02.95.15.2

- . 6

- . 84.94.54.82.5

- . 518

-2 .23.96.2

3.22.93.13.92.5

12_ 72.62.9

3.0514.05.9

2.64.32.53.9

3.21801.5

3.515

9- 3 . 2

- 2 . 41.51.4.6

3.5283.45.7

.81.92.95.9

Implicitprice

deflator

1.61.22.31.11.8

253.53 15.05.0

5.45.44.66.48.7

9.66.36.97.98.6

9.510 06.24.14.4

3.72.63.23.94.4

4 4392.92.6

33293.33.6

3.64.45.13.9

5.4463.837

5.2444.04.3

5.0313.124

3.8301.03.3

3.6231.61.3

Fixed-weighted

priceindex(1987

weights)

3.93.4

3.52.83.14.04.5

464 13.33.1

34283.33.7

3.74.55.43.7

5.0483.837

5.8444.73.8

5.13.43.42.7

4.2342.53.1

4.3282.12.2


Currentdollars

4.53.36.15.47.4

788.3589.88.0

7.18.39.6

10.59.4

10.511.511.211.811.4

10.410 26.99.69.0

8.46.97.18.06.9

68396.06.1

5.5948.34.4

9.97.98.48.9

5.1706.35.3

9.2538.33.7

.74.74.43.5

8.6545.79.9

3.8615.56.3

Constant(1987)dollars

2.72.34.43.85.6

565.1315.23.7

2.43.35.64.5

- . 6

2.15.24.04.12.4

- . 11.21.14.64.8

4.43.62.83.61.9

1.5- .42.63.3

_ . l4.83.9

7.12.52.94.1

.11.12.9

.8

2.89

2.1- 2 . 7

- 2 . 81.81.3

.0

4.31.84.25.6

.8344.44.0

Implicitprice

deflator

1.9.7

1.81.41.7

213.0264.14.3

4.45.13.75.7

10.2

8.25.96.97.28.9

10.49.05.74.93.9

3.93.14.24.24.9

5.14.43.32.7

5.9454.14.5

2.85.25.14.7

5.0573.34.4

6.34 36.16.7

3.43.13.03.4

4.03.61.63.9

2.9261.32.2

Fixed-weighted

priceindex(1987

weights)

1.3.8.6.9

1.1

101.8263.83.8

4.44.43.34.69.3

8.15.66.47.08.5

10.38.65.44.33.7

3.83.04.14.35.0

5.34.53.73.0

5.6444.34.5

2.75.25.34.6

5.25.93.54.4

6.6426.37.0

3.93.23.43.5

4.53.63.43.1

3.4291.42.7



TABLE B-6.—Selected per capita product and income series in current and 1987 dollars, 1959-93

[Quarterly data at seasonally adjusted annual rates, except as noted]

Year orquarter

Current dollars

Grossdomes-

ticprod-uct

Person-al

income

Dispos-able

person-al

income


TotalDura-

blegoods

Non-durablegoods

Serv-

Constant (1987) dollars

Grossdomes-

ticprod-uct

Dispos-able

person-al

income


TotalDura-

blegoods

Non-durablegoods

Serv-

Popula-tion(thou-

sands) '

1959

19601961196219631964

19651966196719681969

19701971197219731974

19751976197719781979

19801981198219831984

19851986198719881989

1990199119921993 "

1982: IV1983: IV1984: IV1985: IV1986: IV1987: IV1988.1V1989: IV

1990:1II

1991:1IIIllIV

1992:1IIIllIV

1993:1IIIllIV "...

2,791

2,8402,8943,0633,1863,376

3,6163,9154,0974,4304,733

4,9285,2835,7506,3686,819

7,3438,1098,96110,02911,055

11,89213,17713,56414,53115,978

16,93317,73518,69419,99421,224

22,18922,64723,63724,681

13,70915,08516,31017,29617,95319,21320,50621,519

21,94222,20322,30922,299

22,37822,58222,75722,869

23,22723,48723,68524,143

24,34624,53824,73225,105

2,209

2,2642,3212,4302,5162,661

2,8453,0613,2533,5363,816

4,0524,3024,6715,1845,637

6,0536,6327,2698,1219,032

9,94811,02111,58912,21613,345

14,17014,91715,65516,63017,706

18,69919,19620,13920,861

11,78612,61313,66814,44015,10216,07617,05317,995

18,42118,62818,78618,958

19,01019,15619,20119,417

19,72519,96920,09020,767

20,43020,83720,93021,245

1,958

1,9942,0482,1372,2102,369

2,5272,6992,8613,0773,274

3,5213,7794,0424,5214,893

5,3295,7966,3167,0427,787

8,5769,4559,98910,64211,673

12,33913,01013,54514,47715,307

16,20516,74117,61518,222

10,18911,03311,92512,56513,12113,90714,85015,558

15,96316,11416,27516,467

16,56016,71216,75216,939

17,24517,48117,57718,153

17,87618,19618,26518,549

1,796

1,8391,8691,9532,0302,149

2,2872,4502,5622,7852,978

3,1523,3723,6584,0024,337

4,7455,2415,7726,3847,035

7,6778,3758,8689,634

10,408

11,18411,84312,56813,44814,241

15,04815,45916,20517,001

9,1349,980

10,64911,44512,10112,81913.81414,491

14,78114,93515,18915,283

15,27315,40915,53015,621

15,90616,07216,24916,589

16,70416,90717,08817,303

242

240228252273296

327348355404425

416468528585575

622734829909952

933994

1,0181,1731,345

1,4801,6191,6621,7831,857

1,8731,8121,9472,082

1,0591,2661,3831,4801,6841,6771,8411,845

1,9281,8671,8671,831

1,7841,7921,8381,833

1,9021,9121,9582,013

2,0042,0622,0952,166

847857878895936

9871,0601,0911,1711,244

1,3181,3641,4541,6021,780

1,9262,0722,2262,4322,725

2,9993,2363,3263,4903,693

3,8553,9564,1634,3814,647

4,9184,9785,0925,228

3,3783,5723,7423,9243,9904,2234,4954,725

4,8284,8634,9585,022

4,9764,9914,9794,965

5,0245,0505,1045,190

5,1925,2155,2295,276

716

752784823861917

9741,0411,1161,2111,308

1,4181,5401,6761,8141,982

2,1972,4362,7173,0433,359

3,7454,1464,5234,9715,370

5,8496,2696,7427,2847,737

8,2578,6699,1669,691

4,6965,1435,5246,0406,4286,9197,4777,921

8,0258,2058,3648,431

8,5138,6268,7138,823

8,9809,1109,1879,385

9,5089,6319,7639,860

10,892

10,90311,01411,40511,70412,195

12,71213,30713,51013,93214,171

14,01314,23214,80115,42215,185

14,91715,50216,03916,63516,867

16,58416,71016,19416,67217,549

17,94418,29918,69419,25219,556

19,59319,23819,51819,874

16,13217,06217,68018,10218,32818,97719,42919,554

19,67819,70419,60319,388

19,22419,24519,25619,228

19,34819,43019,53719,754

19,74419,78619,86920,097

7,256

7,2647,3827,5837,7188,140

8,5088,8229,1149,3999,606

9,87510,11110,41411,01310,832

10,90611,19211,40611,85112,039

12,00512,15612,14612,34913,029

13,25813,55213,54513,89014,005

14,10113,96514,21914,329

12,15412,59113,14513,27813,52213,68513,99614,015

14,16314,14414,07814,018

13,97114,00013,92713,963

14,07314,14214,16914,490

14,16314,32614,34114,484

6,658

6,6986,7406,9317,0897,384

7,7038,0058,1638,5068,737

8,8429,0229,4259,7529,602

9,71110,12110,42510,74410,876

10,74610,77010,78211,17911,617

12,01512,33612,56812,90313,029

13,09312,89513,08113,369

10,89511,39011,73912,09512,47212,61513,02013,053

13,11413,11013,13813,010

12,88512,90812,91112,876

12,98113,00213,09813,241

13,23413,31213,41613,511

646

638595644688733

803844841919941

896970

1,0731,1641,062

1,0501,1761,2711,3161,284

1,1541,1501,1311,2701,432

1,5521,6701,6621,7491,781

1,7731,6881,7871,896

1,1691,3571,4661,5441,7211,6601,7851,759

1,8271,7701,7671,726

1,6701,6721,7091,700

1,7561,7541,7941,845

1,8351,8781,9071,966

2,928

2,9152,9262,9642,9773,065

3,1733,2943,3163,4173,469

3,4973,4943,6013,6703,552

3,5523,6743,7223,7953,833

3,7793,7743,7563,8423,953

4,0194,1184,1634,2234,251

4,2444,1484,1614,213

3,7793,8923,9754,0464,1444,1624,2554,263

4,2584,2504,2554,212

4,1654,1664,1474,114

4,1354,1364,1544,216

4,1844,2004,2264,242

3,083

3,1453,2183,3233,4233,586

3,7263,8674,0064,1694,327

4,4494,5584,7514,9174,988

5,1105,2715,4335,6335,760

5,8145,8455,8956,0666,231

6,4446,5486,7426,9306,997

7,0777,0597,1337,259

5,9486,1416,2986,5056,6076,7926,9797,031

7,0297,0897,1167,072

7,0507,0707,0557,061

7,0907,1127,1497,179

7,2167,2347,2837,303

177,073

180,760183,742186,590189,300191,927

194,347196,599198,752200,745202,736

205,089207,692209,924211,939213,898

215,981218,086220,289222,629225,106

227,715229,989232,201234,326236,393

238,510240,691242,860245,093247,397

249,951252,699255,472258,256

233,060235,146237,231239,387241,550243,745246,004248,372

248,927249,552250,291251,035

251,659252,312253,048253,776

254,392255,090255,836256,569

257,197257,872258,612259,343

1 Population of the United States including Armed Forces overseas-, includes Alaska and Hawaii beginning 1960. Annual data areaverages of quarterly data. Quarterly data are averages for the period.

Source-. Department of Commerce (Bureau of Economic Analysis and Bureau of the Census).


T A B L E B-7.—Cross domestic product by major type of product, 1959-93

[Billions of dollars; quarterly data at seasonally adjusted annual rates]

Year orquarter

1959

19601961196219631964

19651966196719681969

19701971197219731974

19751976197719781979

19801981198219831984

19851986198719881989

1990199119921993"

1982: IV1983: IV1984: IV1985: IV1986: IV1987: IV1988: IV1989: IV

1990:1IIIllIV

1991:1IIIllIV

1992:1IIIllIV

1993:1IIIllI V


494.2

513.3531.8571.6603.1648.0

702.7769.8814.3889.3959.5

1,010.71,097.21,207.01,349.61,458.6

1,585.91,768.41 974.12,232.72,488.6

2,708.03,030.63,149.63,405.03,777.2

4,038.74,268.64,539.94,900.45,250.8

5,546.15,722.96,038.56,374.0

3,195.13,547.33,869.14,140.54,336.64,683.05,044.65,344.8

5,461.95,540.95,583.85,597.9

5,631.75,697.75,758.65,803.7

5,908.75,991.46,059.56,194.4

6,261.66,327.66,395.96,510.8

Finalsales ofdomes-

ticproduct

490.0

510.1528.9565.5597.5643.0

693.0756.0803.8880.2949.8

1,008.41,089.21,197.11,331.91,444.4

1,591.51,751.71,949.42,204.82,475.9

2,717.53,005.23,165.53,410.63,706.1

4,014.14,260.04,513.74,884.25,217.5

5,539.35,731.66,031.26,357.2

3,241.43,527.13,818.14,107.94,355.44,623.75,027.35,314.6

5,452.45,507.65,575.35,621.8

5,651.65,720.85,759.15,794.8

5,913.95,978.66,049.96,182.5

6,227.16,314.56,388.26,499.0

Changein

busi-ness

inven-tories

4.2

3.22.96.15.75.0

9.713.810.59.19.7

2.38.09.9

17.714.3

-5 .716.724.727.912.8

- 9 . 525.4

-15.9- 5 . 571.1

24.68.6

26.316.233.3

6.9- 8 . 6

7.316.8

-46.320.251.032.6

-18.859.317.330.2

9.633.38.4

-23.9

-19.9-23.0

- . 58.9

- 5 . 112.99.7

12.0

34.613.17.7

11.7

Goods 1

Total

Total

250.8

257.1260.4281.5293.2313.5

342.9380.1395.1427.4456.6

467.8493.0537.4616.6662.8

715.1798.8880.4989.1

1,100.2

1,176.21,324.61,315.01,407.31,591.9

1,652.61,705.31,794.51,942.02,097.0

2,185.22,218.42,312.82,419.9

1,302.21,483.01,617.51,673.71,714.51,865.42,007.02,115.9

2,164.32,193.42,194.22,189.0

2,197.82,208.92,229.32,237.6

2,264.12,291.22,318.32,377.6

2,397.42,408.12,409.42,464.7

Finalsales

246.6

253.9257.4275.4287.5308.5

333.2366.3384.6418.3446.8

465.6485.0527.5598.9648.5

720.8782.0855.7961.2

1,087.5

1,185.71,299.21,330.91,412.81,520.8

1,628.01,696.71,768.21,925.72,063.6

2,178.42,227.02,305.52,403.1

1,348.51,462.81,566.51,641.11 733 31,806.11,989.72,085.7

2,154.72,160.12,185.82,212.9

2,217.72,231.92,229.82,228.7

2,269.32,278.42,308.62,365.6

2,362.92,395.02,401.72,452.9

Changein

busi-ness

inven-tories

4.2

3.22.96.15.75.0

9.713.810.59.19.7

2.38.09.9

17.714.3

-5 .716.724.727.912.8

- 9 . 525.4

-15.9- 5 . 571.1

24.68.6

26.316.233.3

6.9-8 .6

7.316.8

-46.320.251.032.6

-18.859.317.330.2

9.633.38.4

-23.9

-19.9-23.0

- . 58.9

- 5 . 112.99.7

12.0

34.613.17.7

11.7

Durable goods

Finalsales

91.1

93.893.1

103.4110.0119.6

132.4147.9154.5169.1180.1

182.1189.4209.7242.0257.1

288.8323.6368.3416.9474.5

502.1544.2541.6579.4647.0

704.8730.2753.5835.6891.2

933.5934.3975.8

1,034.6

550.6620.5676.3705.7751.5769.3861.0893.9

944.6926.3932.3931.0

921.9940.8938.8935.7

953.4963.2978.4

1,008.3

1,003.51,037.81,032.91,064.3

Changein

busi-ness

inven-tories

3.1

1.6- . 13.42.74.0

6.710.25.54.76.4

- . 12.87.2

15.011.2

- 7 . 010.39.7

20.39.6

- 2 . 66.2

-16.05.5

44.9

8.61.6

21.624.325.2

- 2 . 1-12.9

2.013.0

-41.125.538.510.9

-11.937.135.333.0

- 4 . 110.09.8

-24.1

-32.1-21.0

3.0- 1 . 5

-13.016.75.7

-1 .2

15.02.7

14.819.5

Nondurable goods

Finalsales

155.5

160.1164.3172.0177.5188.9

200.8218.5230.2249.1266.8

283.5295.5317.8356.9391.4

432.0458.4487.4544.3613.0

683.6755.0789.3833.4873.8

923.2966.5

1,014.71,090.11,172.5

1,244.81,292.71,329.61,368.5

798.0842.3890.2935.4981.8

1,036.91,128.71,191.8

1,210.11,233.81,253.51,281.9

1,295.91,291.11,291.01,293.0

1,315.91,315.11,330.21,357.3

1,359.31,357.11,368.81,388.6

Changein

busi-ness

inven-tories

1.1

1.63.02.73.01.0

3.03.65.04.43.3

2.35.22.72.83.1

1.36.4

15.07.63.1

- 6 . 819.2

.1-11.0

26.2

16.07.14.7

- 8 . 18.1

9.04.35.33.8

- 5 . 2- 5 . 312.521.7

- 7 . 022.2

-18.0- 2 . 8

13.723.3

-1 .4.3

12.2- 2 . 0- 3 . 510.4

7.9- 3 . 8

4.013.2

19.510.4

-7 .2-7 .7

Serv-ices1

181.7

195.1208.6223.0238.1256.9

276.0302.8330.7363.0395.8

434.3477.0523.6571.0631.3

706.9782.2870.4975.5

1,079.6

1,215.41,357.41,494.21,636.31,770.7

1,939.02,097.32,267.22,460.92,642.1

2,849.43,032.73,221.13,409.5

1,553.31,686.11,824.72,008.92,154.12,327.62,528.52,715.2

2,767.72,829.02,880.62,920.5

2,964.83,018.53,057.03,090.4

3,152.73,196.23,239.33,296.1

3,341.83,388.13,437.83,470.3

Struc-tures

61.7

61.162.867.071.977.6

83.886.988.598.9

107.1

108.6127.2145.9161.9164.5

163.8187.5223.3268.1308.8

316.4348.6340.4361.5414.7

447.1466.0478.2497.5511.7

511.5471.9504.6544.6

339.5378.2426.9457.9468.1490.1509.1513.7

530.0518.5509.0488.4

469.0470.4472.3475.7

491.9504.0501.9520.8

522.4531.5548.7575.8

Autooutput

19.4

21.317.822.425.125.9

31.130.227.835.034.7

28.538.941.445.938.8

40.355.164.267.966.2

59.268.365.388.3

104.2

115.8120.4118.9129.1135.1

129.2121.1133.2142.1

63.2101.9110.4115.1122.5120.9136.1131.0

128.4132.1137.6118.8

114.2118.7127.8123.5

125.6137.9133.0136.4

142.8145.9134.6145.1

1 Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal Government, are included inservices.



TABLE B-8.—Cross domestic product by major type of product in 1987 dollars, 1959-93

[Billions of 1987 dollars; quarterly data at seasonally adjusted annual rates]

Year orquarter

1959

19601961196219631964

19651966196719681969

19701971197219731974

19751976197719781979

19801981198219831984

19851986198719881989

1990199119921993"

1982: IV1983: IV1984:IV1985: IV1986: IV1987: IV1988: IV1989: IV

1990:1IIIllIV

1991:1IIIllIV

1992:1IIIllIV

1993:1IIIllIV


1,928.8

1,970.82,023.82,128.12,215.62,340.6

2,470.52,616.22,685.22,796.92,873.0

2,873.92,955.93,107.13,268.63,248.1

3,221.73,380.83,533.33,703.53,796.8

3,776.33,843.13,760.33,906.64,148.5

4,279.84,404.54,539.94,718.64,838.0

4,897.34,861.44,986.35,132.7

3,759.64,012.14,194.24,333.54,427.14,625.54,779.74,856.7

4,898.34,917.14,906.54,867.2

4,837.84,855.64,872.64,879.6

4,922.04,956.54,998.25,068.3

5,078.25,102.15,138.35,212.1

Finalsales ofdomes-

ticproduct

1,915.2

1,962.72,016.62,112.52,199.62,324.9

2,445.42,579.52,657.52,773.22,848.2

2,868.02,935.23,084.53,230.93,217.2

3,235.63,355.33,499.03,666.33,783.2

3,784.63,818.63,777.83,902.24,080.6

4,257.64,395.94,513.74,698.64,808.3

4,891.64,869.84,979.85,117.3

3,804.53,982.84,146.24,303.34,447.24,565.64,758.74,831.8

4,893.64,889.04,895.64,888.0

4,855.24,878.04,873.54,872.5

4,926.94,943.84,988.65,059.6

5,048.95,089.15,131.85,199.4

Change

inbusi-ness

inven-tories

13.6

8.17.2

15.616.015.7

25.136.727.623.624.8

5.920.822.537.730.9

-13 .925.534.337.213.6

- 8 . 324.6

- 1 7 . 54.4

67.9

22.18.5

26.319.929.8

5.7- 8 . 4

6.515.4

-44 .929.347.930.2

- 2 0 . 159.920.924.9

4.728.110.9

-20 .9

-17 .4- 2 2 . 3

- . 97.1

- 5 . 012.69.68.7

29.313.06.5

12.7

Goods l

Total

Total

825.2

835.3840.9889.6914.9967.6

1,033.01,113.31,129.41,168.91,193.9

1,173.01,182.01,251.01,349.81,328.2

1,291.81,372.71,436.91,507.31,537.1

1,509.51,547.41,468.71,531.71,667.7

1,695.01,740.11,794.51,892.51,961.7

1,973.21,946.52,005.72,081.3

1,447.71,597.81,680.91,708.11,741.81,850.81,926.01,956.9

1,978.01,985.71,975.81,953.5

1,939.11,937.51,953.31,956.3

1,967.61,986.62,011.02,057.7

2,060.22,069.12,074.92,121.0

Finalsales

811.6

827.1833.7874.0898.9952.0

1,007.91,076.61,101.71,145.31,169.1

1,167.11,161.31,228.41,312.11,297.3

1,305.71,347.21,402.61,470.11,523.5

1,517.71,522.91,486.21,527.31,599.8

1,672.91,731.61,768.21,872.61,932.0

1,967.51,954.91,999.22,065.9

1,492.61,568.51,633.01,677.91,761.81,790.91,905.01,932.0

1,973.31,957.61,964.91,974.3

1,956.51,959.81,954.21,949.2

1,972.61,973.92,001.42,049.0

2,030.92,056.12,068.52,108.3

Changein

busi-ness

inven-tories

13.6

8.17.2

15.616.015.7

25.136.727.623.624.8

5.920.822.537.730.9

-13 .925.534.337.213.6

- 8 . 324.6

-17 .54.4

67.9

22.18.5

26.319.929.8

5.7- 8 . 4

6.515.4

-44 .929.347.930.2

-20 .159.920.924.9

4.728.110.9

-20 .9

-17 .4-22 .3

- . 97.1

- 5 . 012.69.68.7

29.313.06.5

12.7

Durable goods

Finalsales

273.8

277.8273.5296.5310.4334.3

364.1399.4413.7430.4438.4

428.0419.2458.4528.0524.6

521.6540.6583.6623.7654.1

626.4619.4578.9601.5655.1

703.4731.5753.5833.1868.1

893.1878.9911.7968.1

580.9639.4677.6703.1750.4769.4852.9862.3

907.5889.9889.2885.7

871.8885.6881.1877.1

891.3897.6915.2942.6

938.2964.9968.7

1,000.7

Changein

busi-ness

inven-tories

8.6

4.6- . 38.67.5

11.3

18.327.114.512.815.7

- . 98.9

16.231.219.6

-11 .517.015.628.711.7

- 4 . 36.3

-16 .06.3

45.7

9.31.9

21.623.323.8

- 1 . 9-12 .0

2.412.3

-41 .926.739.711.9

-11 .936.933.531.0

- 3 . 99.89.1

-22 .4

-28 .5-19 .7

2.3- 2 . 0

-11 .615.66.3

- . 8

13.03.9

13.918.3

Nondurable goods

Finalsales

537.8

549.3560.2577.5588.5617.6

643.8677.2688.0714.9730.7

739.1742.1770.0784.1772.7

784.1806.6819.0846.4869.3

891.4903.4907.3925.8944.7

969.51,000.11,014.71,039.51,063.9

1,074.51,076.01,087.61,097.8

911.6929.1955.3974.9

1,011.41,021.51,052.21,069.6

1,065.81,067.71,075.71,088.6

1,084.61,074.21,073.11,072.1

1,081.31,076.31,086.21,106.4

1,092.71,091.11,099.81,107.6

Changein

busi-ness

inven-tories

5.0

3.57.57.08.64.4

6.99.6

13.110.99.1

6.911.96.46.5

11.3

- 2 . 58.5

18.78.51.9

- 4 . 018.3

- 1 . 5- 1 . 822.3

12.96.74.7

- 3 . 46.0

7.53.64.13.1

- 3 . 02.68.3

18.3- 8 . 223.0

-12 .5- 6 . 1

8.618.31.81.5

11.1- 2 . 6- 3 . 2

9.0

6.6- 2 . 9

3.39.6

16.39.1

- 7 . 4- 5 . 6

Serv-ices1

843.7

877.3916.7956.8999.9

1,052.6

1,102.11,168.41,226.61,277.81,324.6

1,362.01,401.81,454.11,508.31,553.9

1,602.21,649.11,701.21,770.61,821.7

1,864.31,895.71,922.81,976.82,033.1

2,115.32,185.02,267.22,349.72,403.9

2,464.52,495.92,534.72,586.2

1,942.11,998.32,058.12,148.82,208.22,290.92,372.42,430.0

2,441.12,464.42,475.12,477.3

2,481.22,500.92,502.02,499.4

2,515.12,522.32,544.82,556.5

2,565.32,577.52,596.72,605.5

Struc-tures

259.9

258.2266.1281.7300.8-320.4

335.4334.5329.3350.1354.5

338.9372.1401.9410.4366.1

327.7359.0395.2425.6438.0

402.5400.0368.8398.1447.7

469.4479.3478.2476.4472.5

459.6419.0445.8465.1

369.8416.0455.1476.5477.2483.8481.3469.8

479.2467.1455.6436.5

417.6417.2417.3423.9

439.3447.7442.3454.2

452.7455.5466.6485.6

Autooutput

59.5

63.853.163.368.969.5

83.280.472.486.682.9

65.485.389.998.779.0

74.896.8

106.0104.294.8

79.186 879.2

101.7115.8

125.0124.4118.9127.3128.0

121.4109.5117.4120.3

75.3113.7122.4122.4124.1120.3134.6123.8

121.4123.9129.9110.3

104.5109.0115.1109.5

110.9121.8116.8120.1

122.5123.4113.5123.7




TABLE B-9.—Gross domestic product by sector, 1959-93



domesticproduct

Business1

Total » Nonfarm1 Farm

Statis-tical

discrep-ancy

House-holdsand

institu-tions

General government2

Total FederalStateandlocal

1959

19601961196219631964

19651966196719681969

19701971197219731974

19751976197719781979

19801981198219831984

1985.1986198719881989

1990199119921993".

1982: IV1983: IV1984: IV1985-.IV1986: IV1987: IV1988-.IV1989: IV

1990:1IIIllIV

1991:1IIIllIV

1992:1IIIllIV

1993:1IIIllI V

494.2

513.3531.8571.6603.1648.0

702.7769.8814.3889.3959.5

1,010.71,097.21,207.01,349.61,458.6

1,585.91,768.41,974.12,232.72,488.6

2,708.03,030.63,149.63,405.03,777.2

4,038.74,268.64,539.94,900.45,250.8

5,546.15,722.96,038.56,374.0

3,195.13,547.33,869.14,140.54,336.64,683.05,044.65,344.8

5,461.95,540.95,583.85,597.9

5,631.75,697.75,758.65,803.7

5,908.75,991.46,059.56,194.4

6,261.66,327.66,395.96,510.8

436.9

451.4465.7500.5527.1565.7

614.1670.1703.5765.4822.5

858.7931.2

1,025.31,151.51,242.7

1,346.11,507.41,691.11,921.12,147.9

2,328.92,611.72,692.12,914.83,251.1

3,473.53,665.73,890.84,201.04,495.9

4,725.94,848.55,114.45,400.6

2,724.03,046.63,330.33,561.23,718.34,016.64,327.34,569.8

4,664.84,726.24,756.14,756.5

4,770.74,827.34,880.74,915.3

5,001.95,071.25,130.25,254.4

5,303.05,359.05,416.65,523.7

419.8

434.7447.9481.4508.7547.2

592.9644.4680.5742.8799.9

832.5900.0991.7

1,102.21,193.9

1,291.41,450.61,633.01,858.72,069.7

2,259.22,530.92,634.42,855.53,191.6

3,420.33,601.53,849.54,161.84,413.7

4,633.04,760.15,006.45,301.0

2,674.12,986.93,283.23,501.53,656.03,970.94,291.94,476.6

4,564.74,641.04,656.44,670.1

4,691.24,739.94,774.74,834.6

4,894.04,964.25,028.85,138.7

5,184.75,263.75,330.15,425.4

18.9

19.820.120.220.419.3

21.922.922.222.725.2

26.228.132.649.847.4

48.846.447.254.764.5

56.169.965.149.268.5

67.162.966.067.681.1

85.178.884.481.3

60.045.867.565.764.370.660.8

86.987.184.881.5

79.283.078.774.5

84.883.485.883.6

83.883.373.285.0

-1 .8

-3 .1-2.2-1 .0-2 .0

- . 7

- . 72.8.8

- . 1-2.6

.03.11.1

- . 51.4

6.010.410.97.6

13.8

13.610.9

-7.410.2

-9.0

-13.91.2

-24.8-28.4

1.1

7.89.6

23.618.2

-10.113.8

-20.5-5.9-2.0

-24.9-25.4

12.8

13.1-1 .814.94.9

.24.5

27.36.2

23.123.615.732.1

34.412.013.313.3

12.4

13.914.515.616.717.9

19.321.323.426.129.5

32.435.639.043.047.2

52.057.162.471.078.9

89.3100.5111.6121.3132.0

141.7153.3170.5187.6206.1

227.5245.3267.0286.3

115.5125.1135.6145.6157.8177.6194.3213.3

218.9225.1230.9235.0

238.0242.7247.6252.7

258.7264.0269.6275.7

280.3284.7288.1292.3

44.9

48.151.655.559.364.4

69.378.487.497.8

107.5

119.5130.4142.6155.1168.8

187.7203.9220.6240.7261.9

289.8318.4345.8368.9394.1

423.6449.6478.7511.7548.8

592.8629.1657.1687.1

355.6375.6403.2433.6460.5488.8523.0561.7

578.2589.6596.8606.4

623.0627.7630.2635.6

648.0656.3659.8664.3

678.4683.9691.2694.7

21.7

22.623.725.226.528.5

30.034.337.941.944.9

48.551.154.957.261.1

66.671.075.681.887.1

96.3107.7117.3125.0132.2

140.3143.7151.4159.8169.1

180.1192.7199.8207.0

121.1126.2134.1142.4144.9153.2161.3170.6

177.9180.4179.7182.3

193.2192.7192.1192.7

200.0200.6200.0198.7

206.2206.2208.3207.1

23.1

25.527.930.232.935.9

39.344.149.555.962.6

71.179.387.797.9

107.6

121.1132.9145.0158.9174.8

193.5210.7228.5243.9261.9

283.2305.9327.3351.9379.8

412.7436.5457.3480.1

234.5249.4269.2291.2315.6335.6361.7391.2

400.4409.2417.1424.1

429.8435.1438.1442.9

448.0455.7459.7465.6

472.1477.7483.0487.6

1 Includes compensation of employees in government enterprises.2 Compensation of government employees.



TABLE B-10.—Gross domestic product by sector in 1987 dollars, 1959-93



domesticproduct

Business'

Totall Nonfarm' Farm

Statis-tical

discrep-ancy

House-holdsand

institu-tions

General government2


1959...

1960...1961...1962...1963...1964...

1965...1966...1967...1968...1969...

19701971197219731974

19751976197719781979

19801981198219831984

19851986198719881989

1990199119921993".

1982: IV1983:IV1984: IV1985: IV ,1986: IV1987: IV1988: IV1989: IV

1990:1

IV

1991:1..IIIII....IV....

1992:IIIllIV

1993: f....

IV..

1,928.8

1,970.82,023.82,128.12,215.62,340.6

2,470.52,616.22,685.22,796.92,873.0

2,873.92,955.93,107.13,268.63,248.1

3,221.73,380.83,533.33,703.53,796.8

3,776.33,843.13,760.33,906.64,148.5

4,279.84,404.54,539.94,718.64,838.0

4,897.34,861.44,986.35,132.7

3,759.64,012.14,194.24,333.54,427.14,625.54,779.74,856.7

4,898.34,917.14,906.54,867.2

4,837.84,855.64,872.64,879.6

4,922.04,956.54,998.25,068.3

5,078.25,102.15,138.35,212.1

1,582.1

1,609.51,650.71,740.81,818.81,930.4

2,045.32,162.62,208.02,303.02,366.2

2,368.42,447.42,594.82,749.72,719.6

2,684.62,840.12,987.83,144.23,226.0

3,193.43,253.63,167.33,308.23,541.7

3,658.13,768.33,890.84,050.64,150.5

4,190.84,144.84,267.64,404.3

3,166.33,411.53,583.03,706.13,786.73,969.94,104.24,161.9

4,199.44,211.94,197.74,154.3

4,119.44,137.04,157.64,165.0

4,206.74,239.84,277.94,346.2

4,353.94,374.14,408.44,480.8

1,543.4

1,574.31,611.61,698.01,778.61,886.8

2,001.72,109.12,158.82,258.02,326.7

2,318.92,388.62,541.32,702.02,666.0

2,619.62,768.12,914.63,083.83,155.0

3,123.43,179.23,115.83,243.13,496.4

3,608.63,702.83,849.54,014.84,083.4

4,112.44,066.24,168.44,315.5

3,116.93,349.03,548.93,646.83,724.43,925.54,074.54,085.0

4,118.74,141.74,112.54,076.5

4,047.74,062.24,065.04,090.0

4,110.04,141.04,182.64,240.0

4,247.44,288.14,330.14,396.4

45.2

46.446.946.347.146.0

46.144.546.545.146.8

49.550.550.748.650.7

53.152.553.848.250.4

51.060.860.253.755.1

64.264.366.063.266.2

71.670.479.673.9

61.147.056.165.564.469.053.865.2

69.071.872.173.5

71.671.069.269.7

77.279.182.279.7

78.276.267.573.6

-6.5

-11.2-7.8-3.6-6.8-2.4

-2.59.02.6-.1

-7.2

.08.32.8

-1.03.0

11.919.519.412.220.6

19.013.6-8.711.5-9.8

-14.71.3

-24.8-27.4

.9

6.98.119.714.9

-11.715.5

-22.0-6.2-2.1

-24.6-24.1

11.7

11.8-1.613.14.2

.23.8

23.35.3

19.419.713.126.5

28.39.810.810.8

86.587.591.193.696.5

100.4104.7108.3111.8115.5

114.1116.7120.0123.2124.3

128.0128.6129.8135.1138.3

142.6145.6148.9151.0154.9

159.9166.3170.5180.6190.5

196.9202.4209.1217.0

149.6151.7156.8162.3166.9173.2184.7193.2

193.8196.2198.5199.2

200.0201.9202.9204.7

206.5207.4210.3212.4

213.5216.8218.4219.5

266.5

274.8285.6296.2303.2313.7

324.8348.9368.9382.1391.3

391.4391.8392.2395.7404.1

409.1412.0415.6424.2432.5

440.3443.9444.2447.4451.9

461.8469.9478.7487.4497.0

509.5514.3509.5511.3

443.8448.9454.4465.1473.5482.3490.7501.7

505.0509.1510.2513.6

518.4516.7512.2509.9

508.8509.3510.0509.8

510.8511.3511.5511.8

130.5

132.1135.3141.6140.9141.7

142.3155.4168.1170.7171.2

161.6152.4143.7138.0137.9

137.1137.0137.0138.4137.5

139.2140.9142.4144.8146.4

148.6149.0151.4153.5154.2

156.2157.3150.5147.4

143.2145.2147.1148.7149.8152.8154.0154.8

155.2156.5155.6157.4

161.3158.8155.6153.3

152.0151.0150.1148.8

148.8147.8146.9146.0

136.0

142.7150.3154.7162.3172.0

182.5193.5200.8211.4220.1

229.8239.5248.6257.7266.2

272.0275.0278.6285.8295.0

301.1303.0301.8302.6305.4

313.2320.8327.3333.9342.7

353.3357.0359.0363.9

300.6303.7307.3316.5323.7329.5336.7346.9

349.9352.6354.6356.2

357.1357.8356.6356.5

356.8358.3360.0361.0

362.0363.4364.5365.8

1 Includes compensation of employees in government enterprises.2 Compensation of government employees.



TABLE B-l l .—Gross domestic product by industry, 1947-91

[Billions of dollars]

Year

Grossdomes-

ticprod-uct

234.3260.3259.3

287.0331.6349.7370.0370.9

404.3426.2448.6454.7494.2

513.3531.8571.6603.1648.0

702.7769.8814.3889.3959.5

1,010.71,097.21,207.01,349.61,458.6

1,585.91,768.41,974.12,232.72,488.6

2,708.03,030.63,149.63,405.03,777.2

4,038.74,268.64,539.9

4,539.94,900.45,250.8

5,546.15,722.9

Agri-

cul-ture,for-

estry,andfish-eries

20.824.019.4

20.723.823.221.120.7

19.819.719.621.920.3

21.321.722.122.321.4

24.225.424.925.728.5

29.832.137.355.053.2

54.953.854.463.374.6

66.781.177.062.783.7

84.381.788.5

88.590.8

104.8

112.0108.6

Min-ing

6.89.48.1

9.310.210.210.811.0

12.513.613.712.712.5

12.913.013.213.513.9

14.014.715.216.317.1

18.718.919.623.837.0

42.847.554.161.471.2

112.6148.1146.1127.9137.1

130.682.783.0

83.087.984.2

103.191.8

Con-struc-tion

9.111.511.5

13.215.616.917.517.7

19.021.222.121.823.7

24.225.227.028.931.5

34.637.739.543.348.4

51.156.162.569.873.7

75.285.193.9

110.7124.8

128.7129.4129.4137.9161.2

179.2201.9213.0

213.0227.6235.9

240.1223.4

Manufacturing

Total

66.274.772.3

84.199.1

103.4112.4106.8

121.4127.4132.0124.6142.2

144.8145.3159.1168.6180.5

199.1218.2223.7244.3257.8

253.1266.7294.3327.6341.2

358.8409.6466.8521.9575.7

588.3653.0647.5693.3773.9

798.5829.3878.4

877.8961.0

1,004.6

1,024.71,026.2

Dura-ble

goods

33.538.237.2

45.955.659.066.161.0

70.874.078.070.181.7

82.681.792.198.3

105.9

118.8131.1134.1146.4154.4

146.2154.2172.6195.8202.2

207.1239.9277.7317.5343.8

348.9385.3372.9396.0461.2

471.5480.0503.2

501.9541.1562.6

563.7551.4

Non-dura-ble

goods

32.736.635.1

38.243.544.346.445.8

50.553.554.054.560.5

62.263.667.170.474.6

80.387.189.697.9

103.4

106.9112.5121.7131.8139.0

151.7169.7189.1204.5231.9

239.4267.7274.6297.3312.7

327.0349.3375.2

375.9419.9442.0

461.0474.8

Trans-porta-tionand

publicutili-ties

21.023.723.9

26.630.132.134.133.7

36.739.541.541.744.9

47.148.751.754.658.1

62.267.170.376.182.5

88.097.1

108.3119.1129.9

142.3161.2179.2202.2219.1

242.2273.3292.1326.7358.8

378.0393.8419.9

419.8442.1463.3

481.2506.0

Whole-sale

trade

16.618.317.6

19.822.522.723.223.5

26.629.030.531.134.2

35.336.438.840.543.6

47.251.554.860.265.1

68.674.383.293.5

107.1

117.0124.8137.9157.1178.6

191.6212.7216.5223.6258.4

276.6290.9302.6

293.1331.0351.6

363.0375.1

Retailtrade

27.530.130.3

31.734.336.337.238.1

40.542.444.645.349.1

50.451.755.457.963.5

68.072.778.286.694.2

100.2109.2118.9131.0136.9

153.0172.4190.4214.9233.2

244.7269.3286.6321.1361.3

390.9418.7440.1

441.8471.7502.5

515.7532.1

Fi-nance,insur-ance,andreal

estate

24.027.229.4

32.335.839.443.747.5

51.455.059.263.968.9

73.578.082.487.192.9

99.9108.0117.3126.8136.4

146.3163.1176.5193.1208.9

226.7250.1283.6328.6370.8

418.4469.6503.9565.3619.0

681.8743.5809.9

809.7866.3926.5

982.41,039.7

Serv-ices

20.221.922.6

24.226.428.230.231.6

35.238.741.844.148.4

51.655.059.363.469.1

74.782.690.899.4

110.7

120.5130.3144.9163.2179.4

199.3224.1255.7294.6333.0

377.0425.1469.8521.3586.9

650.9712.8784.0

782.5865.5948.8

1,040.01,089.8

Govern-ment

20.220.923.1

24.230.935.636.837.9

40.042.545.448.951.7

55.459.163.568.474.1

79.589.198.8

110.7121.4

134.2146.2160.4173.9189.9

209.8229.3247.1270.5293.9

324.2358.1388.0415.0445.9

481.8512.1545.3

545.3584.8627.6

676.3720.6

Sta-tis-ticaldis-

crep-ancy l

Based on 1972 SIC:

194719481949

19501951195219531954

19551956195719581959

19601961196219631964

19651966196719681969

19701971197219731974

19751976197719781979

19801981198219831984

198519861987

Based on 1987 SIC:

198719881989

19901991

1.8- 1 . 2

1.0

1.02.91.82.82.4

1.2- 2 . 8- 1 . 9- 1 . 1- 1 . 8

- 3 . 1- 2 . 2- 1 . 0- 2 . 0

- . 7

- . 72.8

.8- . 1

- 2 . 6

.03.11.1

- . 51.4

6.010.410.97.6

13.8

13.610.9

- 7 . 410.2

-9.0

-13.91.2

-24.8

-24.8-28.4

1.1

7.89.6

1 Equals gross domestic product (GDP) measured as the sum of expenditures less gross domestic income—that is, GDP measured asthe costs incurred and profits earned in domestic production.



TABLE B-12.—Gross domestic product by industry in 1987 dollars, fixed 1987 weights, 1977-91


Year

Based on1972 SIC:197719781979

19801981198219831984

198519861987

Based on1987 SIC:198719881989

19901991

Grossdomes-

ticproduct

3,533.33,703.53,796.8

3,776.33,843.13,760.33,906.64,148.5

4,279.84,404.54,539.9

4,539.94,718.64,838.0

4,897.34,861.4

Agri-cul-ture,for-

estry,andfish-eries

63.759.262.4

63.272.773.368.471.5

81.984.588.5

88.585.188.0

95.897.4

Min-ing

83.585.071.9

79.974.273.171.382.0

83.383.083.0

83.094.283.3

91.891.5

Con-struc-tion

190.8198.8200.3

185.4174.7164.9170.0190.9

209.0209.1213.0

213.0211.7213.1

210.2194.5

Manufacturing

Total

741.6773.1777.1

725.4746.7711.1733.8791.4

810.5819.1878.4

877.8923.5932.2

928.5908.0

Dura-ble

goods

440.9460.9458.0

424.3429.7392.4402.5458.4

468.1471.5503.2

501.9536.4543.2

537.0525.5

Non-durablegoods

300.7312.2319.2

301.1317.1318.7331.3333.0

342.4347.7375.2

375.9387.2389.1

391.5382.5

Trans-porta-tionand

publicutili-ties

314.3325.1335.5

336.3337.1331.3351.7377.6

381.8386.9419.9

419.8437.1449.4

462.6478.1

Whole-sale

trade

170.1185.8195.8

190.5207.5218.2224.2259.5

273.0307.1302.6

303.1311.3324.5

319.5326.4

Retailtrade

318.0338.1334.8

320.1330.6336.8365.1397.7

421.4453.2440.1

441.8469.7483.9

478.1474.1

Fi-nance,insur-ance,andreal

estate

596.5631.0667.4

692.8704.7708.4727.9762.1

776.4776.6809.9

809.7846.5865.5

868.3878.4

Serv-ices

538.9573.5592.8

609.0624.4629.2649.5687.8

722.0751.7784.0

782.5812.8845.7

869.4866.7

Govern-ment

475.7488.3498.6

508.9511.6507.1512.5516.9

527.5536.4545.3

545.3555.9567.0

581.5586.5

Sta-tis-ticaldis-

crep-ancy x

19.412.220.6

19.013.6

- 8 . 711.5

- 9 . 8

-14 .71.3

- 2 4 . 8

- 2 4 . 8- 2 7 . 4

.9

6.98.1

Resid-ual2

20.833.439.6

45.745.315.620.821.0

7.7- 4 . 4

.0

.01.8

-15 .5

- 1 5 . 3- 4 8 . 4

1 Equals the current-dollar statistical discrepancy deflated by the implicit price deflator for gross domestic business product.2 Equals cross domestic product (GDP) in constant dollars measured as the sum of expenditures less the statistical discrepancy in

constant dollars and GDP in constant dollars measured as the sum of gross product originating by industry.Note.—Constant-dollar values are equal to fixed-weighted quantity indexes with 1987 weights divided by 100 and multiplied by the

1987 value of current-dollar GDP.Source: Department of Commerce, Bureau of Economic Analysis.


TABLE B-13.—Gross domestic product of nonfinancial corporate business, 1959-93


Year orquarter

1959196019611962196319641965 .196619671968196919701971197219731974197519761977197819791980198119821983,1984198519861987198819891990199119921993 "1982: IV1983: IV1984: IV1985: IV1986: IV1987: IV1988: IV1989: IV1990: I

IIillIV

1991: IIIIllIV

1992: IIIIllIV

1993: IIIIllIV P

Grossdomes-

ticproduct

ofnon-

financialcorpo-

ratebusi-ness

267.5278.1285.5311.7331.8358.1393.5431.0453.4500 5543.35614606.4673 3754.5814.6881.2994.6

1124.71,279.41,423.71,546.51,748.61802 81,936.12,166.52,293.62 386 32!547.32 764 82,913.53,045.53 082.13,243.4

1,806.32,037.22,228.22,338.82,422.82,627.62,843.22,951.53,007.73,064.13,057.83,052.53,048.b3,063.43,086.83,129.53,159.83,218.13,264.23,331.63,331.73,395.93,432.2

Con-sump-tionof

fixedcap-ital

24.225.226.026.928.129.531534.337.541445.349 754.661066.277.593.3

103.8116.2132.3153.0174.8207.0229 4242.1248.1258.02714281.4297 5317.4329.33415352 7362.3238.8261.5258.9263.4275.8286.1304.5326.5322.6326.6332.0336.1339.4340.4342.3343.9345.1347.8366.1351.7356.8359.0367.0366.3

Net domestic product

Total

243.2252.9259.6284.8303.7328.6362 0396.7415.94591498.05116551.7612 4688.3737.1788.0890.8

1,008.51,147.21,270.71,371.71,541.51573 41,694.01,918.32,035.52 114 92,265.92 467 32,596.22,716.22 740 62,890.7

1,567.51,775.71,969.42,075.42,147.12,341.42,538.82,625.02,685.12,737.52,725.82,716.42,709.22,722.92,744.52,785.62,814.62,870.32,898.22,979.92,975.03,036.83,065.1

Indi-rectbusi-ness

taxes*

26.028.329.532.034.036.639.240.543.149 754.758 864.569 276.381.487.495.1

104.1114.6123.3139.4167.9169 4185.8206.9220.32314241.02571274.2290.43115327 7345.5172.6194.0212.4223 8233.6245.4263.1279.0285.3285.8294.0296.6304.2307.1315.3319.5321.8323.9329.1336.0333.0344.0347.0357.9

Domestic income

Total

217.2224.6230.1252.8269.7292.0322.8356.2372.8409 3443.3452 84873543 2612.0655.7700.6795.7904.4

1,032.61,147.41,232.41,373.61404 01,508.21,711.41,815.31883 62,024.92 210 22,322.02,425.82,429.02,563.1

1,394.91,581.71,756.91,851.61,913.52,096.02,275.72,346.02,399.82,451.72,431.82,419.82,405.02,415.82,429.22,466.12,492.92,546.42,569.02,643.92,642.02,692.82,718.1

Com-pensa-tion ofemploy-

ees

171.5181.2185.3200.1211.1226.7246.5274.0292.3323 2358.8378 7402.0447 1505.9556.8580.3656.7741.8850.2964.2

1,053.51,164.81209 91,271.61,409.21,503.21 581 5l!675.01 814 2l!920.22,020.92,053.82 149 52,255.41,213.91,327.61,449.71,540.11,611.41,730.11,868.81,954.61,987.42,019.42,037.52,039.32,028.32,040.12,061.62,085.32,103.82,135.42,162.72,195.92,215.02,244.72,267.12,294.9

Corporate profits with inventory valuation and capitalconsumption adjustments

Total

42.640.040.848.253.860.070.374.971.876 071.357 167.277 083.670.691.5

111.5132.0146.1138.1120.7136.91115159.9214.3221.4203.8244.2274.4255.2256.4233.9278 3314.8101.5175.2211.4221.4198.6256.8278.5240.7263.9282.9246.5232.4232.8235.5227.0240.4252.3273.9272.7314.1292.1315.0318.2

Profits

Profitsbefore

tax

43.640.340.145.049.856.066.271.467.574 070.858167.178 698.6

109.2109.9137.3158.6183.5195.5181.6181.0132 9155.9189.0165.5149.1212.0256.6232.9232.1214.82551286.8116.5168.1169.0168.4168.5224.8271.4215.9223.3233.8244.6226.7207.8209.9218.2223.3235.1260.2251.8273.2268.4291.2281.8

Profitstax

liability

20.719.219.520.622.824.027.229.527.833 633.327 229.933 840.242.241.553.059.967.169.667.063.946 359.473.769.975.693.5

101.799.593.982.798.2

114.940.664.462.671.186.599.6

107.991.189.695.098.892.079.781.184.385.990.8

100.895.3

105.8106.4117.6112.5

Profits after tax

Total

22.921.120.724.327.032.139.041.939.740 437.531037.144 858.467.068.484 498.7

116.4125.9114.6117.186 796.4

115.495.673.5

118.5154 9133.3138.3132.1156 9171.875.9

103.7106.497.282.0

125.1163.5124.8133.7138.8145.8134.8128.2128.8133.9137.4144.3159.4156.5167.4162.0173.6169.3

Divi-dends

10.010.610.611.412.613.715 616.817.519119.118 518.520121.121.724.827.832 037.239.345.553.456 466.569.574.576.377.982 0

101.9118.194.0

105 2125.359.067.468.774.775.284.084.3

102.3118.0117.4120.0117.2103.192.989.090.993.9

100.3105.9120.7127.4125.4124.0

Undis-tributedprofits

12.910.610.113.014.418.423 425.122.221 318.412 518.724 737.345.243.656.666 879.186.769.163.730 229.945.921.1

- 2 . 840.672 931.520.138.151746.516.936.337.722.56.8

41.279.222.515.821.425.817.525.135.944.946.550.559.150.546.734.648.245.3

Inven-toryvalu-ation

adjust-ment

- 0 . 3- .2

.3

.0

.1- .5

- 1 . 2- 2 . 1- 1 . 6- 3 7- 5 . 9- 6 6- 4 . 6- 6 6

-20 .0-39 .5-11.0-14.9-16 .6-25 .0-41.6-43 .0-25.7

- 9 9- 8 . 5- 4 . 1

.29.7

-14 .5- 2 7 3-17 .5-11 .0

4.9- 5 . 3- 7 . 8- 8 . 6- 7 . 6

3.5- 3 . 8

-10.7-17 .8-31.7-13 .5

- 2 . 08.9

-31 .5-19 .5

8.212.7

- 3 . 01.9

- 4 . 6-13.7

- 7 . 84.9

-12.7-12 .2

1.0- 7 . 2

Capitalcon-

sump-tion

adjust-ment

-0 .7- .2

.33.23.94.55.35.65.8566.3554.7505.0

.9- 7 . 4

-10.9-10 .0-12 .3-15.9-17.8-18 .4- 1 1 5

12.529.455.644.946.745.039.935.314.228.535.9

- 6 . 414.738.956.940.849.838.838.342.640.133.425.216.812.811.815.221.827.428.836.036.436.035.435.7

Netinter-est

3.13.54.04.54.85.36.17.48.8

10113.217 118.119 222.528.328.727.530.636.345.158.271.982 576.787.990.798.3

105.8121.6146.6148.5141.3135.3

79.678.995.890.0

103.5109.2128.4150.7148.5149.5147.9148.2143.9140.2140.6140.5136.8137.1133.6133.9134.9133.1132.8

1 Indirect business tax and nontax liability plus business transfer payments less subsidies.Source: Department of Commerce, Bureau of Economic Analysis.


TABLE B-14.—Output, costs, and profits oj nonfinancial corporate business, 1959-93

[Quarterly data at seasonally adjusted annual rates]

Year or quarter

Gross domesticproduct of

nonfinancialcorporatebusiness

(billions ofdollars)

Current 1987dollars dollars

Current-dollar cost and profit per unit of output (dollars)»

Totalcostand

profit2

Con-sump-

tionof

fixedcap-ital

Indi-rectbusi-ness

taxes 3

Com-pen-

sationof

smploy-

Corporate profits withinventory valuation and

capital consumptionadjustments

TotalProfits

taxliability

Profitsaftertax4

Netinterest

Outputper hour

of allemploy-

ees(1987

dollars)

Compen-sation

per hourof all

employ-ees

(dollars)

195919601961196219631964.,1965196619671968196919701971197219731974

1975197619771978197919801981198219831984198519861987198819891990199119921982: IV..1983: IV..1984: IV..1985: IV..1986: IV..1987: IV...1988: IV..1989: IV..

1990:1IIIllIV

1991:1IIIllIV

1992:1IIIllIV

1993:1II

267.5278.1285.5311.7331.8358.1393.5431.0453.4500.5543.3561.4606.4673.3754.5814.6881.2994.6

1,124.71,279.41,423.7

1,546.51,748.61,802.81,936.12,166.52,293.62,386.32,547.32,764.82,913.53,045.53,082.13,243.4

1,806.32,037.22,228.22,338.82,422.82,627.62,843.22,951.5

3,007.73,064.13,057.83,052.5

3,048.63,063.43,086.83,129.5

3,159.83,218.13,264.23,331.6

3,331.73,395.93,432.2

928.7955.6978.2

1,047.51,104.81,179.31,262.21,336.01,367.41,444.31,492.51,473.41,525.91,629.51,706.91,669.71,625.61,748.51,866.71,967.11,995.71,980.92,035.12,001.32,112.32,284.12,364.32,439.32,547.32,684.82,718.92,747.42,710.02,822.31,999.62,204.22,328.42,396.92,463.32,604.02,719.02,722.7

2,742.92,771.42,750.52,725.0

2,694.12,692.42,708.52,745.0

2,759.52,802.62,839.82,887.4

2,867.52,916.62,948.9

0.288.291.292.298.300.304.312.323.332.347.364.381,397.413.442.488.542.569.603.650.713.781.859.901.917.949.970.978

1.0001.0301.0721.1091.1371.149.903.924.957.976.984

1.0091.0461.084

1.097.106.112.120

.132

.138

.1401.140

1.1451.1481.1491.154

1.1621.1641.164

0.026.026.027.026.025.025.025.026.027.029.030.034.036.037.039.046.057.059.062.067.077.088.102.115.115.109.109.111.110.111.117.120.126.125.119.119.111.110.112.110.112.120

.118

.118

.121

.123

.126

.126

.126

.125

.125

.124

.129

.122

.124

.123

.124

0.028.030.030.031.031.031.031.030.032.034.037.040.042.042.045.049.054.054.056.058.062.070.082.085.088.091.093.095.095.096.101.106.115.116.086.088.091.093.095.094.097.102

.104

.103

.107

.109

.113

.114

.116

.116

.117

.116

.116

.116

.116

.118

.118

0.185.190.189.191.191.192.195.205.214.224.240.257.263.274.296.333.357.376.397.432.483.532.572.605.602.617.636.648.658.676.706.736.758.762.607.602.623.643.654.664.687.718

.725

.729

.741

.748

.753

.758

.761

.760

.762

.762

.762

.761

.772

.770

.769

0.046.042.042.046.049.051.056.056.052.053.048.039.044.047.049.042.056.064.071.074.069.061.067.056.076.094.094.084.096.102.094.093.086.099.051.079.091.092.081.099.102

.096

.102

.090

.085

.086

.087

.084

.088

.091

.098

.096

.109

.102

.108

.108

0.022.020.020.020.021.020.022.022.020.023.022.018.020.021.024.025.026.030.032.034.035.034.031.023.028.032.030.031.037.038.037.034.031.035.020.029.027.030.035.038.040.033

.033

.034

.036

.034

.030

.030

.031

.031

.033

.036

.034

.037

.037

.040

.038

0.024.022.022.026.028.031.034.034.032.029.025.020.024.027.025.017.031.033.039.040.034.027.036.033.048.062.064.053.059.064.057.059.056.064.030.050.064.063.045.060.063.055

.064

.068

.054

.052

.057

.057

.053

.056

.059

.062

.062

.072

.065

.068

.070

0.003.004.004.004.004.005.005.006.006.007.009.012.012.012.013.017.018.016.016.018.023.029.035.041.036.038.038.040.042.045.054.054.052.048.040.036.041.038.042.042.047.055

.054

.054

.054

.054

.053

.052

.052

.051

.050

.049

.047

.046

.047

.046

.045

15.44315.66116.18216.67517.20417.85518.07418.14318.36218.85818.75018.77619.48719.79319.76219.23019.76320.36520.76620.71120.22220.26520.53820.80321.59621.92622.15022.73523.12923.57223.18923.44623.86524.83621.07021.89322.05422.34722.89223.35823.52423.147

23.23123.53723.46823.549

23.63423.73823.88924.246

24.39424.67825.03125.310

25.05325.29625.512

2.8512.9693.0663.1863.2873.4323.5293.7203.9254.2204.5084.8255.1345.4305.8586.4137.0567.6488.2528.9519.770

10.77711.75512.57713.00213.52714.08314.74115.20815.83316.37717.24618.08718.91512.79113.18713.73214.35914.97515.51816.07116.618

16.83217.15017.38517.623

17.79417.98818.18318.419

18.59718.80319.06219.249

19.35319.46819.629

1 Output is measured by gross domestic product of nonfinancial corporate business in 1987 dollars.2 This is equal to the deflator for gross domestic product of nonfinancial corporate business with the decimal point shifted two

places to the left.3 Indirect business tax and nontax liability plus business transfer payments less subsidies.4 With inventory valuation and capital consumption adjustments.

Sources: Department of Commerce (Bureau of Economic Analysis) and Department of Labor (Bureau of Labor Statistics).

2851 5 1 - 4 4 4 0 - 9 4 - 1 0Digitized for FRASER

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

TABLE B-15.—Personal consumption expenditures. 1959-93


Year orquarter

Personalcon-

sumptionexpendi-

turesTotal»

Durable goods

Motorvehi-clesand

parts

Furni-tureand

house-hold

equip-ment

Nondurable goods

Total ! Food

Cloth-ingand

shoes

Gaso-lineandoil

Fueloil

andcoal

Services

T o t a l l Hous-

Total

Householdoperation

Ejec-tricityandgas

Trans-porta-tion

Medi-calcare

1959

19601961196219631964

19651966196719681969

19701971197219731974

19751976197719781979

19801981198219831984

19851986198719881989

1990199119921993 "....

1982: IV.1983: IV.1984:1V.1985: IV.1986: IV.1987: IV.1988:1V.1989: IV.

1990:1...

IV

1991:1..IIIllIV

1992:1IIIllIV

1993:1IIIllIV "....

318.1

332.4343.5364.4384.2412.5

444.6481.6509.3559.1603.7

646.5700.3767.8848.1927.7

1,024.91,143.11,271.51,421.21,583.7

1,748.11,926.22,059.22,257.52,460.3

2,667.42,850.63,052.23,296.13,523.1

3,761.23,906.44,139.94,390.6

2,128.72,346.82,526.42,739.82,923.13,124.63,398.23,599.1

3,679.33,727.03,801.73,836.6

3,843.63,887.83,929.83,964.1

4,046.54,099.94,157.14,256.2

4,296.24,359.94,419.14,487.4

42.8

43.541.947.051.856.8

63.568.570.681.086.2

85.397.2

110.7124.1123.0

134.3160.0182.6202.3214.2

212.5228.5236.5275.0317.9

352.9389.6403.7437.1459.4

468.2457.8497.3537.7

246.9297.7328.2354.4406.8408.8452.9458.3

479.8466.0467.3459.5

448.9452.0465.1465.2

484.0487.8500.9516.6

515.3531.6541.9561.9

18.9

19.717.821.524.426.0

29.930.330.036.138.4

35.544.551.156.149.5

54.871.383.592.291.5

84.091.697.7

120.6144.6

167.4184.9183.5197.8205.4

202.9185.5204.3222.4

105.1134.8149.3162.9188.2186.3203.4198.1

213.9202.2202.8192.9

182.0180.0190.0190.2

199.4200.6203.4213.7

211.7220.8221.7235.4

18.1

18.018.319.320.723.2

25.128.230.032.934.7

35.737.842.447.951.5

54.560.267.174.082.3

86.091.392.5

104.4115.3

123.4135.5144.0156.7167.9

174.2180.6194.5211.7

95.6109.7118.7128.1140.6145.9162.5170.8

175.1173.6173.6174.5

176.1181.2182.9182.4

188.7190.2196.5202.7

203.3208.6214.0220.9

148.5

153.1157.4163.8169.4179.7

191.9208.5216.9235.0252.2

270.4283.3305.2339.6380.8

416.0451.8490.4541.5613.3

682.9744.2772.3817.8873.0

919.4952.2

1,011.11,073.81,149.5

1,229.21,257.91,300.91,350.2

787.3839.8887.8939.5963.7

1,029.41,105.81,173.5

1,201.71,213.61,241.01,260.7

1,252.31,259.21,260.01,260.0

1,278.21,288.21,305.71,331.7

1,335.31,344.81,352.41,368.4

80.7

82.684.887.189.594.6

101.0109.0112.3121.6130.5

142.1147.5158.5176.1198.1

218.5236.0255.9280.6313.0

341.8367.3386.0406.2430.2

451.1476.8500.7533.6565.1

604.8621.4633.7658.3

394.9413.9436.8460.7486.7507.4549.5575.3

591.0601.3611.4615.6

617.1623.1622.1623.2

628.8626.6631.7647.6

648.2654.1660.0671.1

26.4

27.027.629.029.832.4

34.137.439.243.246.5

47.851.756.462.566.0

70.876.684.194.3

101.2

107.3117.2120.5130.8142.5

152.2163.2174.5186.4200.4

207.3213.0228.2237.1

122.7136.7145.7156.2165.8177.6194.4205.4

206.2206.8208.5207.6

208.9214.3215.5213.4

221.4224.5230.7236.1

233.1235.2238.2241.9

11.3

12.012.012.613.013.6

14.816.017.118.620.5

21.923.224.428.136.1

39.743.046.950.166.2

86.797.994.193.394.5

96.979.784.786.996.2

108.4102.9103.4103.6

93.094.994.997.673.087.888.595.9

102.299.7

108.7123.0

107.4102.7101.1100.3

99.9102.9105.8105.2

106.0103.6102.4102.5

4.0

3.83.83.84.04.1

4.44.74.84.74.6

4.44.65.16.37.8

8.410.111.111.514.4

15.415.814.513.814.2

14.112.012.012.112.0

13.213.013.815.1

14.014.113.814.311.312.211.713.2

12.312.314.113.9

13.512.413.312.7

12.814.713.913.9

15.114.915.415.0

126.8

135.9144.1153.6163.1175.9

189.2204.6221.7243.1265.3

290.8319.8351.9384.5423.9

474.5531.2598.4677.4756.2

852.7953.5

1,050.41,164.71,269.4

1,395.11,508.81,637.41,785.21,914.2

2,063.82,190.72,341.62,502.7

1,094.61,209.31,310.41,446.01,552.61,686.41,839.51,967.3

1,997.82,047.52,093.42,116.4

2,142.42,176.62,204.82,239.0

2,284.42,323.82,350.52,407.9

2,445.52,483.42,524.82,557.2

45.0

48.251.254.758.061.4

65.469.574.179.786.8

94.0102.7112.1122.7134.1

147.0161.5179.5201.7226.6

255.2287.1311.1334.6362.3

392.5421.8452.5484.2514.4

547.5574.4600.0627.7

320.2344.6373.8404.6432.7466.6496.0526.6

534.5543.2553.6558.6

564.5571.4577.5584.2

591.2596.9602.5609.2

617.6625.1631.1636.9

18.7

20.321.222.423.625.0

26.528.230.232.335.1

37.841.045.349.855.5

63.772.481.991.2

100.0

113.0126.0141.4153.6165.5

176.2181.1187.8199.5209.8

215.6227.1234.4251.0

145.8159.3168.8180.7182.5189.7203.8217.7

208.1216.2219.1219.1

220.8229.7230.3227.8

228.0234.5230.3245.0

245.7246.7255.2256.3

7.6

8.38.89.49.9

10.4

10.911.512.213.014.0

15.216.618.420.023.5

28.532.537.642.146.8

56.363.472.680.784.6

88.787.188.493.498.0

97.4104.3105.8113.2

74.984.885.990.186.888.695.3

103.7

92.498.199.799.6

100.5107.1105.9103.7

101.3104.7106.0111.0

111.1109.8116.4115.6

10.5

11.211.712.212.713.4

14.515.917.318.920.9

23.727.129.831.233.3

35.741.349.253.659.4

65.169.471.678.989.1

99.0105.8116.6128.5135.6

142.5146.2155.4170.2

73.682.992.5

101.5109.0121.3132.7137.6

139.9141.7143.1145.4

144.0145.0147.0148.8

152.5153.7153.0162.4

166.3169.1170.9174.4

16.3

17.418.620.722.425.7

27.730.533.739.044.4

50.156.563.571.280.1

93.0106.2122.4139.7157.8

181.3213.6240.5265.7290.6

319.3346.4384.7427.7471.9

526.2577.1628.4680.6

250.9274.8299.9333.0358.4398.5444.4489.2

504.4519.0534.8546.6

558.3569.9582.4597.6

609.1622.6634.9646.9

662.2675.4686.9698.0

1 Includes other items not shown separately.2 Includes imputed rental value of owner-occupied housing.



TABLE B-16.—Personal consumption expenditures in 1987 dollars, 1959-93


Year orquarter

1959

19601961196219631964

19651966196719681969

19701971197219731974

19751976197719781979

19701981198219831984

19851986198719881989

1990199119921993 '.


1990:1IIIll ..IV

1991:1IIIllIV

1992:1IIIllIV

1993:1IIIllIV....

Personalcon-

sumptionexpendi-tures

1178 9

1,210.81,238.41,293.31,341.91,417 2

1,497.01,573.81,622.41,707.51,771.2

1,813.51,873.71,978.42,066.72,053.8

2,097.52,207.32,296.62,391.82,448.4

2,447.12,476.92,503.72,619.42,746.1

2,865.82,969.13,052.23,162.43,223.3

3,272.63,258.63,341.83,452.5

2,539.32,678.22,784.82,895.33,012.53,074.73,202.93,242.0

3,264.43,271.63,288.43,265.9

3,242.73,256.93,267.13,267.5

3,302.33,316.83,350.93,397.2

3,403.83,432.73,469.63,503.9

Durable goods

Total»

114 4

115.4109.4120.2130.3140 7

156.2166.0167.2184.5190.8

183.7201.4225.2246.6227.2

226.8256.4280.0292.9289.0

262.7264.6262.5297.7338.5

370.1402.0403.7428.7440.7

443.1426.6456.6489.7

272.3319.1347.7369.6415.7404.7439.2436.8

454^8441.8442.4433.2

420.3422.0432.6431.5

446.6447.5459.0473.4

471.9484.2493.1509.9

Motorvehi-clesandparts

59 7

61.354.962.268.4712

81.281.880.391.895.1

85.6100.8114.3123.4102.2

102.9124.6137.3141.5130.5

111.4113.5115.6138.1160.3

180.2193.3183.5194.8196.4

192.7170.5182.3191.7

123.7151.6164.3173.9193.6183.6197.7188.3

203.0192.8193.0182.1

169.4165.9173.7173.0

180.6179.5180.6188.6

185.7191.3189.9199.9

Furni-tureand

house-holdequip-ment

38 2

37.738.140.443.148 3

52.157.659.562.964.3

64.466.873.681.581.9

79.184.291.496.61013

98.597.794.2104.3115.3

123.8136.3144.0155.4165.8

171.6180.0194.8216.3

96.4109.3118.7128.6141.4145.9160.3167.9

172.0171.0171.0172.3

174.3180.0182.7182.9

188.2189.8197.1204.2

206.5212.4219.4227.0

Nondurable goods

TotalJ

518 5

526.9537.7553.0563.6588 2

616.7647.6659.0686.0703.2

717.2725.6755.8777.9759.8

767.1801.3819.8844.8862 8

860.5867.9872.2900.3934.6

958.7991.0

1,011.11,035.11,051.6

1,060.71,048.21,062.91,088.1

880.7915.2942.9968.7

1,000.91,014.61,046.81,058.9

1,059.81,060.61,065.01,057.5

1,048.21,051.11,049.31,044.0

1,052.01,055.01,062.91,081.8

1,076.01,083.11,093.01,100.1

Food

3019

305.8312.1316.3319.23310

346.5359.1364.5380.7389.7

397.5399.2411.9412.6404.7

413.2431.9441.5442.8448.0

448.8446.6451.4463.4472.3

483.0494.1500.7513.4515.0

523.9518.7520.5531.2

458.3467.1475.1488.2496.9502.4518.0515.6

519.0524.1526.5525.8

518.7519.0518.8518.2

518.8515.7518.2529.3

526.7528.6532.6536.9

Cloth-ingandshoes

58 2

58.759.862.463.668 5

71.576.376.980.281.9

81.084.690.496.995.4

98.5103.2108.7119.01241

126.0132.8133.7142.4153.1

158.8170.3174.5178.9187.8

186.2184.7193.7199.2

135.7147.7154.7161.7171.9174.5182.8190.9

188.5185.4186.4184.5

182.9187.0185.9183.1

188.3191.1195.4200.0

194.8197.8200.6203.7

Gaso-lineandoil

38 1

39.439.841.542.8451

47.350.251.855.559.2

62.965.968.672.168.6

70.673.475.777.476.4

72.073.273.975.777.9

79.282.984.786.187.3

86.483.183.984.9

73.476.979.079.584.685.487.588.6

87.986.786.584.6

82.783.783.482.5

82.783.784.784.4

83.984.186.285.3

Fueloilandcoal

22 6

21.720.620.621.622 5

23.524.224.223.021.8

20.219.521.523.318.4

18.120.319.619.518.1

14.011.810.911.111.2

11.512.112.012.011.4

10.510.711.913.0

10.511.411.111.412.411.912.012.0

10.011.011.69.5

10.310.611.410.6

11.112.811.711.9

12.912.613.213.2

Services

Total»

546 0

568.5591.3620.0648.0688 3

724.1760.2796.2837.0877.2

912.5946.7997.4

1,042.21,066.8

1,103.61,149.51,196.81,254.11 296.5

1,323.91,344.41,368.91,421.41,473.0

1,537.01,576.11,637.41,698.51,731.0

1,768.81,783.81,822.31,874.7

1,386.21,443.91,494.21,557.11,595.81,655.51,716.91,746.3

1,749.81,769.21,781.11,775.2

1,774.21,783.81,785.21,792.0

1,803.71,814.31,829.01,842.0

1,855.91,865.41,883.51,893.9

Hous-ing2

159 8

168.1176.0185.8194.4203 5

214.6224.4234.5246.0259.1

269.3280.9295.9310.8326.9

336.5346.7355.4372.9387 9

399.4407.3409.6415.5426.8

435.9442.1452.5461.8469.2

474.6478.6484.2492.0

411.0419.7431.3438.1444.8457.0465.6471.3

473.3474.3475.0475.9

476.3478.1479.4480.6

481.7483.2485.1486.7

488.8490.7493.3495.0

Householdoperation

TotalJ

75 0

78.581.285.288.492 6

96.8101.4106.2110.1115.3

118.9120.8126.8132.0132.5

138.1143.9151.0158.0162 9

167.1165.6166.7169.4173.7

179.1180.8187.8196.9202.6

204.3208.2211.7218.7

166.2173.3174.8182.6182.8189.3198.6208.5

197.9205.1208.0206.0

203.8211.3210.6207.3

205.9210.7213.6216.6

217.9215.6220.8220.8

Elec-tricityandgas

34 5

36.338.340.942.8451

47.249.752.455.058.0

60.461.864.966.566.9

70.472.976.078.879.3

81.680.381.283.784.3

86.685.688.492.794.3

92.295.895.399.0

80.286.884.588.586.888.693.098.8

87793.294.493.8

92.598.997.394.4

92.495.195.398.5

99.196.2100.6100.1

Trans-porta-tion

45 4

46.747.048.750.553.0

55.458.662.065.468.9

71.073.677.879.679.9

81.484.490.292.996.1

91.388.987.491.6100.0

109.2112.6116.6122.5123.8

124.0120.0122.7126.3

88.294.2103.5111.2113.4117.9124.2124.3

124.9124.4124.0122.7

120.2120.1119.7120.2

120.4121.9125.0123.7

124.5126.1126.5128.3

Medi-calcare

95 0

98.4102.0110.2117.1129.8

135.8142.3148.1159.5171.3

180.7193.7207.0222.4231.1

243.8255.5267.9279.2790 9

302.1318.3323.7332.6341.9

353.0366.2384.7399.4408 6

424.6437.6449.2463.2

327.8334.8344.9359.1372.0390.7403.0411.8

418.0423.2427.7429.4

432.6435.3438.8443.6

445.3447.9450.4453.2

458.0461.1465.1468.6

1 Includes other items not shown separately.2 Includes imputed rental value of owner-occupied housing.Source: Department of Commerce, Bureau of Economic Analysis.


TABLE B-17.—Gross and net private domestic investment, 1959-93


Year or quarter

Grossprivate

domesticinvest-ment

Less:Consump-

tion offixed

capital

Equals: Net private domestic investment

Total

Net fixed investment

Total

Nonresidential

Total Struc-tures


dential

Change inbusinessinven-tories

1959..

19601961196219631964

19651966196719681969

19701971197219731974

19751976197719781979

19801981198219831984

19851986198719881989

1990199119921993".


1990:1IIIllIV

1991:1

IV....

1992:1IIIllIV

1993:1

78.8

78.777.987.993.4101.7

118.0130.4128.0139.9155.2

150.3175.5205.6243.1245.8

226.0286.4358.3434.0480.2

467.6558.0503.4546.7718.9

714.5717.6749.3793.6832.3

808.9736.9796.5892.0

464.2614.8722.8737.0697.1800.2814.8825.2

828.9837.8812.5756.4

729.1721.5744.5752.4

750.8799.7802.2833.3

874.1874.1884.0935.8

44.6

46.347.749.351.353.9

57.362.167.473.981.5

97.6109.9120.4140.2

165.2182.8205.2234.8272.4

311.9362.4399.1418.4433.2

454.5478.6502.2534.0580.4

602.7626.1657.9671.2

412.5439.7448.0465.6488.2512.1547.2600.8

590.2597.9607.8614.8

619.9622.3626.7635.4

631.7637.2714.6648.0

663.2663.3679.7678.7

34.2

32.430.338.642.047.8

60.768.360.666.073.7

61.578.095.7

122.7105.5

60.9103.6153.1199.3207.8

155.7195.6104.3128.2285.6

260.0239.1247.1259.6251.9

206.2110.8138.6220.8

51.7175.1274.8271.4208.9288.1267.6224.4

238.7239.9204.7141.5

109.399.2

117.9117.0

119.1162.587.6

185.2

210.8210.8204.3257.1

30.1

29.227.332.536.442.8

51.054.550.156.964.0

59.269.985.8

105.091.3

66.586.8

128.3171.3195.1

165.2170.2120.3133.8214.6

235.4230.4220.9243.4218.6

199.3119.5131.2204.0

98.0154.9223.8238.8227.8228.8250.3194.2

229.1206.6196.3165.4

129.2122.3118.4108.1

124.2149.677.9

173.3

176.3197.7196.6245.4

12.3

13.812.215.316.421.3

30.336.733.235.040.5

38.436.842.559.058.9

41.545.664.994.1

117.3

113.8127.199.169.1

126.6

146.1114.4103.0125.8117.1

116.167.260.4

6.6

7.77.68.38.3

10.3

14.116.015.115.817.9

18.418.418.723.824.5

18.819.923.435.549.9

59.175.572.446.265.1

75.251.846.747.948.6

51.827.513.9

5.7

6.14.67.08.1

11.0

16.220.718.119.222.6

20.018.423.835.234.5

22.725.641.558.667.4

54.751.626.722.961.5

70.962.656.377.968.5

64.339.746.5

17.8

15.415.117.220.021.5

20.717.816.921.923.5

20.833.143.246.032.3

25.141.263.477.377.8

51.443.121.264.687.9

89.3116.0117.9117.6101.5

83.252.370.8

4.2

3.22.96.15.75.0

9.713.810.59.19.7

2.38.09.9

17.714.3

- 5 . 716.724.727.912.8

- 9 . 525.4

-15.9- 5 . 571.1

24.68.6

26.316.233.3

6.9- 8 . 6

7.316.8

-46.320.251.032.6

-18 .859.317.330.2

9.633.3

8.4- 2 3 . 9

-19.9-23.0

- . 58.9

- 5 . 112.99.7

12.0

34.613.17.7

11.7



TABLE B-18.—Gross and net private domestic investment in 1987 dollars, 1959-93


Year or quarter

Grossprivate

domesticinvest-ment

Less:Consump-

tion offixed

capital

Equals.- Net private domestic investment

Total

Net fixed investment

Total

Nonresidential

TotalStruc-tures


Resi-dential

Change inbusiness

inven-tories

1959

19601961196219631964

19651966196719681969

19701971197219731974

19751976197719781979

19801981198219831984

19851986198719881989

1990199119921993".


1990:1IIIllIV

1991:1IIIllIV

1992:1IIIllIV

1993:1IIIllI V

296.4

290.8289.4321.2343.3371.8

413.0438.0418.6440.1461.3

429.7475.7532.2591.7543.0

437.6520.6600.4664.6669.7

594.4631.1540.5599.5757.5

745.9735.1749.3773.4784.0

746.8675.7732.9820.9

503.5669.5756.4763.1705.9793.8785.0769.5

766.5773.9751.0695.7

667.8659.8682.8692.3

691.7737.0739.6763.0

803.0803.6813.4863.6

168.8

173.7178.6183.6189.6196.4

205.0214.9225.2235.3246.7

258.0269.1285.0296.4310.3

322.8334.6348.4364.5384.5

400.7417.8429.5447.4455.5

471.5486.7502.2518.5545.5

554.8569.2595.0598.6

439.2468.5467.4480.1492.5508.1524.7559.6

549.7553.1556.5559.9

563.3566.5569.5577.6

574.8577.6643.7584.0

595.0592.5604.4602.6

127.5

117.1110.8137.6153.7175.4

208.1223.0193.4204.7214.6

171.7206.6247.2295.3232.6

114.8186.1252.1300.0285.2

193.7213.2111.0152.1302.0

274.4248.4247.1254.9238.5

192.0106.4137.8222.3

64.3201.0289.0283.0213.3285.7260.3209.9

216.8220.7194.5135.8

104.593.2

113.4114.6

116.9159.595.9

179.0

208.1211.1208.9261.0

114.0

109.0103.6122.0137.7159.7

182.9186.3165.8181.1189.8

165.8185.8224.6257.6201.7

128.7160.6217.8262.8271.6

201.9188.7128.5147.7234.0

252.3239.9220.9235.0208.7

186.3114.8131.3206.9

109.2171.7241.1252.8233.4225.8239.3185.0

212.1192.6183.7156.7

121.9115.6114.3107.6

121.9146.886.3

170.3

178.8198.1202.5248.3

39.2

44.139.949.552.869.7

99.9118.1103.9105.1112.2

98.785.098.9

134.6122.3

72.074.599.0

134.4154.1

129.5131.6101.071.6

134.3

154.0118.3103.0122.6114.8

111.168.269.0

25.4

30.530.632.932.139.5

53.058.353.052.256.0

53.549.049.257.953.4

36.736.839.855.270.1

73.382.075.350.369.3

79.454.946.746.745.9

47.325.913.4

13.8

13.79.4

16.620.730.2

46.959.850.952.956.2

45.236.049.776.768.9

35.337.759.279.284.0

56.149.625.721.465.0

74.663.356.375.968.9

63.842.355.5

74.8

64.863.772.584.990.0

83.068.261.976.077.6

67.1100.8125.7123.079.4

56.886.1

118.8128.4117.5

72.557.127.576.099.8

98.3121.6117.9112.494.0

75.246.662.4

13.6

8.17.2

15.616.015.7

25.136.727.623.624.8

5.920.822.537.730.9

-13.925.534.337.213.6

- 8 . 324.6

-17.54.4

67.9

22.18.5

26.319.929.8

5.7-8 .4

6.515.4

-44.929.347.930.2

-20.159.920.924.9

4.728.110.9

-20.9

-17.4-22.3

- . 97.1

-5 .012.69.68.7

29.313.06.5

12.7



TABLE B-19.—Inventories and final sales of domestic business, 1959-93

[Billions of dollars, except as noted; seasonally adjusted]

Quarter

Inventoriesl

Total2 Farm

Nonfarm

Total2 Manu-facturing

Whole-sale

trade

Retailtrade

Other

Finalsales ofdomestic

busi-ness3

Ratio of inventoriesto final sales of

domestic business

Total Nonfarm

Fourth quarter:1959

19601961196219631964

19651966196719681969

19701971197219731974

19751976197719781979

198019811982 i1983 11984 |

19851986198719881989

1990199119921993 P

1990:1

IllIV

1991.1IIIllIV

1992:1IIIllIV

1993:1IIIllI V

141.2

145.2147.0153.4158.7164.2

178.4194.0206.0221.4242.5

249.4267.4296.6365.1435.2

440.1475.3521.6605.3702.6

784.1836.2817.0827.5898.9

904.3887.9950.6

1,025.11,081.6

1,110.41,083.41,099.01,133.4

1,081.81,090.91,115.61,110.4

1,096.51,089.61,085.01,083.4

1,087.51,093.91,098.71,099.0

1,119.51,119.61,119.21,133.4

31.6

33.033.734.834.933.3

37.436.336.538.741.9

40.145.055.378.074.3

75.572.275.292.197.9

104.9101.4103.6103.2100.9

96.690.590.995.496.3

94.790.795.191.9

96.598.297.594.7

98.1101.596.690.7

94.894.394.995.1

99.195.495.191.9

109.6

112.2113.4118.6123.8130.9

141.0157.8169.5182.6200.6

209.2222.4241.3287.1360.9

364.5403.1446.4513.2604.7

679.3734.7713.5724.4797.9

807.7797.3859.7929.6985.3

1,015.7992.7

1,003.91,041.5

985.4992.7

1,018.21,015.7

998.4988.1988.4992.7

992.7999.6

1,003.81,003.9

1,020.41,024.21,024.11,041.5

55.2

56.257.260.362.265.9

70.780.987.594.0

103.4

105.8107.3113.6136.1177.0

177.8194.9210.6238.0280.6

309.8331.9318.5319.2349.0

339.9328.1349.3383.2409.7

423.7407.3400.9405.3

411.5412.9424.7423.7

419.1412.1409.1407.3

404.6404.6406.8400.9

402.0402.4407.0405.3

21.0

21.321.822.423.925.2

26.930.332.734.637.9

41.745.250.059.475.6

76.286.196.2

111.7141.2

174.2184.8174.7168.9187.2

184.9183.4196.3215.3224.8

236.9239.7247.9255.3

226.3229.5236.0236.9

236.9233.7235.3239.7

239.5243.4244.9247.9

249.6251.3242.9255.3

26.2

27.527.028.329.631.0

33.736.236.940.744.5

45.852.357.766.474.6

74.782.793.3

107.5118.9

125.0137.0139.5153.7173.5

188.6193.4216.1229.9250.2

257.2257.4269.5286.9

246.1250.0258.4257.2

248.6249.8254.3257.4

259.8264.2266.4269.5

280.1281.2282.7286.9

7.2

7.27.47.58.08.8

9.810.412.413.314.9

16.017.619.925.233.7

35.839.446.355.964.1

70.381.180.782.588.3

94.392.498.0

101.2100.6

98.088.385.694.0

101.5100.399.098.0

93.892.489.788.3

87.585.785.6

88.789.391.594.0

36.5

37.739.641.944.647.5

52.555.659.165.069.0

72.779.288.397.2

105.2

117.5129.1144.3166.6185.4

203.5220.3230.9252.2273.3

294.1311.4329.8359.2378.3

398.4408.9436.9459.3

387.9391.1395.6398.4

399.2404.2406.8408.9

417.3421.5426.7436.9

439.0445.5450.7459.3

3.87

3.853.713.663.563.46

3.403.493.483.413.51

3.433.383.363.764.14

3.743.683.613.633.79

3.853.803.543.283.29

3.082.852.882.852.86

2.792.652.522.47

2.792.792.822.79

2.752.702.672.65

2.612.602.572.52

2.552.512.482.47

3.00

2.972.862.832.782.76

2.692.842.872.812.91

2.882.812.732.953.43

3.103.123.093.083.26

3.343.343.092.872.92

2.752.562.612.592.60

2.552.432.302.27

2.542.542.572.55

2.502.442.432.43

2.382.372.352.30

2.322.302.272.27

1 Inventories at end of quarter. Quarter-to-quarter change calculated from this table is not the current-dollar change in businessinventories (CBI) component of GOP. The former is the difference between two inventory stocks, each valued at their respective end-of-quarter prices. The latter is the change in the physical volume of inventories valued at average prices of the quarter. In addition,changes calculated from this table are at quarterly rates, whereas CBI is stated at annual rates.

2 Inventories of construction establishments are included in "other" nonfarm inventories.3 Quarterly totals at monthly rates. Final sales of domestic business equals final sales of domestic product less gross product of

households and institutions and general government and includes a small amount of final sales by farms.

Note.—The industry classification of inventories is on an establishment basis and is based on the 1987 Standard IndustrialClassification (SIC) beginning 1987 and on the 1972 SIC for earlier years shown.



TABLE B-20.—Inventories and final sales of domestic business in 1987 dollars, 1959-93

[Billions of 1987 dollars, except as noted; seasonally adjusted]

Quarter

Inventories l

Total2 Farm

Nonfarm

Total2 Manu-facturing

Whole-sale

trade

Retailtrade

Other

Finalsales ofdomestic

busi-ness3

Ratio of inventoriesto final sales of

domestic business

Total Nonfarm

Fourth quarter:1959

19601961196219631964

19651966196719681969

19701971197219731974

19751976197719781979

19801981198219831984

19851986198719881989

1990199119921993 *

1990:1IIIllI V

1991:1IIIllI V

1992:1IIIllI V

1993:1II

388.6

396.7403.9419.5435.6451.2

476.4513.1540.7564.3589.2

595.1615.8638.4676.1707.0

693.1718.6752.9790.1803.7

795.4820.0802.5806.9874.8

896.9905.5931.8951.7981.5

987.2978.8985.3

1,000.6

982.6989.7992.4987.2

982.8977.2977.0978.8

977.5980.7983.1985.3

992.6995.9997.5

1,000.6

79.6

80.582.183.985.483.4

84.683.584.586.986.9

86.389.290.692.992.5

92.990.893.693.095.7

92.398.3

101.493.194.8

97.295.188.781.781.6

84.184.388.182.2

82.082.984.684.1

84.485.385.184.3

85.586.987.888.1

88.187.183.982.2

. 308.9

316.2321.8335.7350.2367.8

391.7429.6456.3477.5502.3

508.8526.7547.7583.3614.5

600.2627.8659.2697.1708.0

703.1721.7701.0713.8780.0

799.8810.4843.1870.0899.9

903.1894.5897.2918.4

900.7906.8907.8903.1

898.4891.9891.9894.5

892.1893.8895.3897.2

904.5908.8913.6918.4

152.4

153.9157.9166.1171.6179.6

190.2212.1227.6237.4246.7

246.1243.9249.6264.9283.7

277.2289.6297.1309.2320.1

319.9324.0311.3311.9339.4

335.7333.6340.2355.3373.9

376.9370.6365.9368.0

376.0377.5378.8376.9

377.9374.6372.4370.6

368.7367.2369.0365.9

365.7366.9367.7368.0

61.2

62.463.765.969.673.4

77.686.592.094.7

100.3

106.9112.3116.3121.1130.8

127.3135.3144.4155.8157.3

161.9164.8159.9159.3174.7

178.7185.7192.7199.1202.5

208.8212.3217.7220.8

203.7206.0208.4208.8

209.9207.3208.5212.3

211.3214.2215.1217.7

217.9219.6221.2220.8

67.6

71.470.273.876.980.3

86.892.592.199.3

105.9

105.8117.8125.3134.5133.6

127.6134.8144.5153.7153.5

146.7152.9151.7162.8181.4

194.1196.7213.6219.7231.0

229.4230.5236.4247.6

227.4230.6231.0229.4

224.8225.3228.5230.5

230.8232.9234.0236.4

242.4243.2244.4247.6

27.8

28.530.029.932.034.5

37.238.444.646.149.4

50.052.656.562.766.4

68.068.173.378.377.1

74.680.078.179.884.5

91.394.496.695.992.5

88.081.077.181.9

93.692.889.588.0

85.884.782.581.0

81.379.577.277.1

78.579.180.381.9

131.5

134.3139.9145.3153.5161.1

174.2177.3183.8192.6195.4

197.6205.1220.4225.9220.9

229.1238.3249.4264.6270.2

268.5266.5267.6281.8294.6

306.3317.2325.8340.3344.7

347.9346.5361.5372.3

349.6348.6348.9347.9

344.7346.6346.5346.5

351.0352.3355.7361.5

360.4363.4366.8372.3

2.96

2.952.892.892.842.80

2.732.892.942.933.01

3.013.002.902.993.20

3.033.023.022.992.97

2.963.083.002.862.97

2.932.852.862.802.85

2.842.822.732.69

2.812.842.842.84

2.852.822.822.82

2.792.782.762.73

2.752.742.722.69

2.35

2.352.302.312.282.28

2.252.422.482.482.57

2.572.572.492.582.78

2.622.632.642.632.62

2.622.712.622.532.65

2.612.552.592.562.61

2.602.582.482.47

2.582.602.602.60

2.612.572.572.58

2.542.542.522.48

2.512.502.492.47

1 Inventories at end of quarter. Quarter-to-quarter changes calculated from this table are at quarterly rates, whereas the constant-dollar change in business inventories component of GDP is stated at annual rates.

2 Inventories of construction establishments are included in "other" nonfarm inventories.3 Quarterly totals at monthly rates. Final sales of domestic business equals final sales of domestic product less gross product of

households and institutions and general government and includes a small amount of final sales by farms.

Note.—The industry classification of inventories is on an establishment basis and is based on the 1987 Standard IndustrialClassification (SIC) beginning 1987 and on the 1972 SIC for earlier years shown.



TABLE B-21.—Foreign transactions in the national income and product accounts, 1959-93


Year orquarter

1959

19601961196219631964

19651966196719681969

19701971197219731974

1975 ...1976197719781979

19801981198219831984

19851986198719881989

1990199119921993"

1982: IV....1983: IV....1984: IV....1985: IV....1986: IV....1987: IV....1988: IV....1989: IV....

1990: IIIIII....IV ..

1991:1II ...Ill .IV...

1992: III ..Ill .IV...

1993: III ..Ill .IV.

Receipts from rest of the world

Total»

25.0

30.231.433.536.141.0

43.547.250.255.66 1 2

70.874.283.4

115.6152 6

164.4181.6196.5233.3299.7

360.9398.2379.9372.5410.5

399.3415.2469.0572.9665.5

725.7747.6769.7

357.5388.3415.2402.9426.7506.8606.9683.1

705.9718.9720.5757.4

738.9747.9742.1761.4

768.0765.3768.4777.0

774.1791.8788.3

Exports of goods andservices

Total

20.6

25.326.027.429.433.6

35.438.941.445.349 3

57.059.366.291.8

124 3

136.3148.9158.8186.1228.9

279.2303.0282.6276.7302.4

302.1319.2364.0444.2508.0557.1601.5640.56601

265.6286.2308.7304.7333.9392.4467.0523.8

542.0553.5555.3577.6

576.5600.7603.0625.7

633.7632.4641.1654.7

651.3660.0653.2675.8

Mer-chan-dise2

16.5

20.520.921.723.326.7

27.830.732.235.338 3

44.545.651.873.9

1010

109.6117.8123.7145.4184.2

226.0239.3215.2207.5225.8

222.4226.2257.7325.8371.6398.7426.4448.7459 5

198.2218.2231.4222.6235.8283.3345.4380.7

391.7399.0395.1409.0

414.3426.7424.6440.0

442.6442.8447.5462.0

453.2458.6452.2473.7

Serv-ices2

4.2

4.85.15.76.16.9

7.68.29.2

10.0110

12.413.814.417.823 3

26.731.135.140.744.7

53.263.767.469.276.6

79.793.0

106.2118.4136.4

158.4175.1191.7200 6

67.467.977.382.198.1

109.2121.6143.1

150.2154.6160.1168.6

162.3174.0178.3185.8

191.0189.6193.6192.8

198.0201.3200.9202.1

Receiptsof factorincome3

4.3

5.05.46.16.67.4

8.18.38.9

10.3119

13.014.116.423.830 3

28.232.837.747.169.7

80.694.197.395.8

108.1

97.396.0

105.1128.7157.5168.6146.1129.2

91.9102.1106.698.192.8

114.4139.9159.3

164.0165.4165.2179.7

162.4147.2139.1135.7

134.4132.9127.3122.3

122.8131.9135.1

Payments to rest of the world

Total

25.0

30.231.433.536.141.0

43.547.250.255.66 1 2

70.874.283.4

115.6152 6

164.4181.6196.5233.3299.7

360.9398.2379.9372.5410.5

399.3415.2469.0572.9665.5

725.7747.6769.7

357.5388.3415.2402.9426.7506.8606.9683.1

705.9718.9720.5757.4

738.9747.9742.1761.4

768.0765.3768.4777.0

774.1791.8788.3

Imports of goods andservices

Total

22.3

22.822.725.026.128.1

31.537.139.946.650 5

55.862.374.291.2

127 5

122.7151.1182.4212.3252.7

293.9317.7303.2328.1405.1

417.6451.7507.1552.2587.7

628.5621.1670.1725 8

295.1358.0415.7440.2467.1535.6573.1597.7

615.9614.8634.0649.2

610.6612.2622.8638.8

640.7666.3679.9693.5

699.6725.0725.1753.5

chan-dise2

15.3

15.215.116.917.719.4

22.226.327.833.936 8

40.946.656.971.8

104 5

99.0124.6152.6177.4212.8

248.6267.7250.6272.7336.3

343.3370.0414.8452.1485.1

509.0500.7544.5593 0

241.6300.0344.1363.0382.4437.6470.1492.2

501.6498.1512.3523.9

489.8492.3504.3516.3

515.4540.6557.3564.7

569.6592.6591.9618.1

Serv-ices2

7.0

7.67.68.18.48.7

9.310.712.212.613 7

14.915.817.319.322 9

23.726.529.834.839.9

45.349.952.655.468.8

74.381.792.3

100.1102.6

119.5120.4125.6132 8

53.458.071.677.284.798.0

103.0105.6

114.3116.7121.7125.4

120.8119.9118.5122.5

125.3125.7122.6128.7

130.0132.4133.3135.3

Pay-ments

offactor

in-come4

1.5

1.81.81.82.12.4

2.73.13.44.158

6.66.47.7

11.114 6

14.915.717.225.337.5

46.560.967.166.583.8

82.486.9

100.5120.8141.5146.9131.9121.9

64.471.085.582.488.9

106.9130.2139.1

143.8147.0149.0147.7

138.0134.3131.5123.9

115.6127.9119.5124.8

122.4132.3128.7

Transfer payments (net)

Total

2.4

2.42.72.82.83.0

3.03.23.43.232

3.64.14.34.6545.46.06.06.47.5

9.010.012.112.915.6

17.418.316.617.825.628.8

-11.932.731.4

13.817.820.419.419.621.423.830.3

26.530.929.628.2

-61.1-15.8

10.618.9

29.631.628.541.2

29.729.930.935.1

Frompersons(net)

0.4

.5

.5

.5

.6

.7

.8

.81.01.01 1

1.21.31.31.41 2

1.21.21.21.31.4

1.61.82.11.82.3

2.72.53.02.78.9

10.110.510.411.0

1.92.02.52.52.83.12.79.8

9.910.110.310.2

10.410.410.310.8

11.110.59.7

10.5

11.011.010.811.4

Fromgovern-ment(net)

1.8

1.92.12.12.12.1

2.12.22.11.91 8

2.02.42.52.532

3.53.73.43.84.1

5.05.06.47.39.4

11.412.310.410.411.313.2

-27.916.314.2

8.211.013.913.512.814.615.115.1

11.615.313.412.4

-76.9-32.0

- 5 . 12.2

12.615.012.824.6

13.112.913.717.2

Frombusiness

0.1.1.1.1.1.2

.2

.2

.2

.33

.4

.4

.5

.710

.71.11.41.42.0

2.43.23.63.83.9

3.23.53.24.85.4

5.55.66.0613.74.84.03.44.03.85.95.4

5.05.45.85.6

5.45.85.45.9

5.96.15.96.1

5.66.06.36.5

Netforeigninvest-ment

- 1 . 2

3.24.33.95.07.5

6.23.93.51.71 8

4.91.3

- 2 . 98.75 1

21.48.8

- 9 . 2- 1 0 . 7

2.0

11.59.5

- 2 . 5- 3 5 . 0- 9 4 . 0

1181- 1 4 1 . 7- 1 5 5 . 1- 1 1 8 . 0

- 8 9 . 3- 7 8 . 5

6.4- 5 5 . 1

- 1 5 . 8- 5 8 . 5

- 1 0 6 . 3- 1 3 9 . 1- 1 4 9 . 0- 1 5 7 . 1- 1 2 0 . 1

- 8 4 . 0

- 8 0 . 3- 7 3 . 8- 9 2 . 1- 6 7 . 7

51.417.2

- 2 2 . 8- 2 0 . 2

- 1 7 . 7- 6 0 . 6- 5 9 . 4- 8 2 . 4

- 7 7 . 6- 9 5 . 4- 9 6 . 4

1 Includes capital grants received by the United States (net), not shown separately. See Table B-29 for data.2 Exports and imports of certain goods, primarily military equipment purchased and sold by the Federal Government, are included in

services.3 Consists largely of receipts by U.S. residents of interest and dividends and reinvested earnings of foreign affiliates of U.S.

corporations.4 Consists largely of payments to foreign residents of interest and dividends and reinvested earnings of U.S. affiliates of foreign

corporations.Source: Department of Commerce, Bureau of Economic Analysis.


TABLE B-22.—Experts and imports of goods and services and receipts and payments oj factor income in1987 dollars. 1959-93

[Billions of 19S7 dollars; quarterly data at seasonally adjusted annual rates]

Year or quarter

Exports of goods and services

Total

73.8

88.489.995.0

101.8115.4

118.1125.7130.0140.2147.8

161.3161.9173.7210.3234.4

232.9243.4246.9270.2293.5

320.5326.1296.7285.9305.7

309.2329.6364.0421.6471.8

510.5543.4578.0596.4

280.4291.5312.8312.0342.9386.1438.2487.7

501.8511.1508.6520.4

519.4542.9546.9564.2

571.0570.2579.3591.6

588.0593.2591.9612.5

Merchandise

Total

58.0

71.271.574.880.391.4

92.198.4

100.1108.8114.4

125.2124.1136.5166.9183.4

178.5183.9183.9203.0225.7

248.2244.0217.7208.3221.3

224.8234.3257.7307.4343.8

368.9396.7422.7438.2

202.8215.5229.0226.4243.5278.0322.0354.8

364.3370.4366.4374.6

381.6396.1398.2410.7

414.4415.9423.0437.3

430.2434.5434.1454.1

Dura-ble

goods

31.5

39.239.441.243.650.2

52.256.163.870.075.2

80.479.387.1

108.0123.5

121.3121.8119.5132.1148.1

161.0154.2130.5124.6133.8

139.3144.8163.0202.8230.9

249.4269.2288.0304.9

119.0131.0138.5139.6150.0180.1214.7237.8

245.9252.3248.6250.9

254.5271.7271.7279.0

280.9283.6287.4300.0

296.5302.4302.2318.4

i

Non-dura-ble

goods

26.5

32.032.133.536.741.2

39.942.336.338.739.2

44.744.949.558.959.9

57.262.164.470.977.6

87.389.787.283.887.5

85.689.694.7

104.6112.9

119.5127.4134.7133.3

83.784.590.586.893.597.8

107.2116.9

118.4118.1117.8123.8

127.2124.4126.5131.7

133.5132.4135.6137.3

133.7132.1131.9135.6

Serv-ices 1

15.8

17.218.420.321.524.0

25.927.329.931.533.3

36.137.837.243.451.0

54.459.563.067.267.8

72.382.279.077.684.4

84.495.3

106.2114.2128.0

141.6146.7155.4158.2

77.675.983.885.599.4

108.1116.2132.9

137.5140.7142.2145.8

137.8146.8148.7153.5

156.6154.2156.3154.3

157.8158.6157.8158.5

Do«e-

ceiptsof

factorin-

come2

17.0

19.120.622.524.426.6

28.328.029.232.335.7

36.837.942.257.567.5

57.463.067.978.7

107.1

113.7120.7117.9111.0119.4

103.499.2

105.1123.8144.7

148.0123.1105.5

109.7116.5116.1102.994.8

112.9132.3144.3

146.4146.0144.4155.4

138.5124.4116.7112.9

110.7108.7103.798.9

98.3105.0107.1

Imports of

Total

95.6

96.195.3

105.5107.7112.9

124.5143.7153.7177.7189.2

196.4207.8230.2244.4238.4

209.8249.7274.7300.1304.1

289.9304.1304.1342.1427.7

454.6484.7507.1525.7545.4

565.1562.5611.6675.7

299.4375.1444.2467.4498.9522.1540.9555.0

562.6570.0570.7557.2

541.0556.2571.9580.7

586.2608.2621.8630.3

647.9668.4678.2708.1

goods and services

Merchandise

Total

60.2

59.159.268.070.975.6

86.5100.2105.2128.1137.0

142.1156.1177.5194.7189.3

163.3200.4223.2245.2248.7

235.6246.1243.1276.5346.1

366.5398.0414.8

'431.3450.4

461.4463.9511.9572.3

236.3306.6357.9380.0409.1427.4444.8458.5

459.6466.5466.4453.1

442.1457.2474.6481.7

486.8509.0521.6530.3

545.9565.7574.9602.8

Dura-ble

goods

26.0

24.723.728.029.632.8

40.550.653.168.774.1

75.484.495.7

100.9101.3

82.1100.9112.9130.0132.1

133.6143.4143.0167.6219.9

237.2254.6264.2274.7287.1

292.5297.2332.5379.9

134.6191.1229.3243.5259.8273.8284.0290.4

285.7293.5296.2294.4

284.2288.9304.7311.2

315.1328.5338.4348.0

360.5372.1381.0405.9

i

Non-dura -

blegoods

34.2

34.435.540.041.242.8

46.049.652.159.462.8

66.771.781.793.987.9

81.299.5

110.3115.3116.7

102.0102.7100.1108.9126.2

129.3143.4150.6156.7163.3

168.9166.7179.4192.5

101.7115.5128.6136.5149.3153.7160.8168.1

173.8173.0170.2158.8

158.0168.3169.9170.5

171.7180.4183.2182.4

185.5193.6193.9196.9

Serv-ices 1

35.4

37.036.137.536.837.3

37.943.548.649.652.3

54.451.752.849.749.2

46.549.351.554.855.3

54.258.061.165.681.6

88.186.792.394.395.0

103.798.599.7

103.3

63.168.686.387.489.894.696.196.5

103.0103.5104.3104.1

98.999.197.398.9

99.399.2

100.1100.0

102.0102.7103.3105.3

Pay-ments

offactor

in-come3

1959

19601961196219631964

19651966196719681969

19701971197219731974

19751976197719781979

19801981198219831984

19851986198719881989

1990199119921993 "

1982: IV1983.1V1984: IV1985: IV1986: IV1987: IV1988: IV1989: IV

1990:1IIIllIV

1991:1IIIllIV

1992:1IIIllIV

1993:1IIIllIV P.

6.2

7.27.27.38.29.1

9.911.011.813.517.8

19.217.920.527.633.2

31.631.532.243.258.6

66.679.482.178.093.5

88.290.2

100.5116.1130.1

128.8110.097.7

77.682.093.986.891.2

105.4123.0125.9

128.2129.8130.0127.1

117.0112.5109.0101.6

93.6103.095.598.8

95.8103.099.6


2 Consists largely of receipts by U.S. residents of interest and dividends and reinvested earnings of foreign affiliates of U.S.corporations.

3 Consists largely of payments to foreign residents of interest and dividends and reinvested earnings of U.S. affiliates of foreigncorporations.



TABLE B-23.—Relation of gross domestic product, gross national product, net national product, and

nationaI income, 1959-93


Year orquarter

1959

19601961196219631964

19651966156719681969 .

19701971197219731974

19751976197719781979

19801981198219831984

19851986198719881989

1990199119921993 p


1990:1IIIllIV

1991:1IIIllIV

1992:1IIIllIV

1993:1IIIllI V . .


494.2

513.3531.8571.6603.1648 0

702.7769.8814.3889.3959 5

1,010.71,097.21,207.01,349.61,458.6

1,585.91,768.41,974.12,232.72 488 6

2,708.03,030.63,149.63,405.03,777.2

4,038.74,268.64,539.94,900.45 250 8

5,546.15,722.96,038.56 374 0

3,195.13,547.33,869.14,140.54,336.64,683.05,044.65,344.8

5,461.95,540.95,583.85,597.9

5,631.75,697.75,758.65,803.7

5,908.75,991.46,059.56,194.4

6,261.66,327.66,395.96,510.8

PIUS:Receiptsof factorincome

from restof theworld '

4.3

5.05.46.16.674

8.18.38.9

10.3119

13.014.116.423.830.3

28.232.837.747.169 7

80.694.197.395.8

108.1

97.396.0

105.1128.7157 5

168.6146.1129.2

91.9102.1106.698.192.8

114.4139.9159.3

164.0165.4165.2179.7

162.4147.2139.1135.7

134.4132.9127.3122.3

122.8131.9135.1

Less:Paymentsof factorincome to

rest ofthe

world2

1.5

1.81.81.82.124

2.73.13.44.158

6.66.47.7

11.114.6

14.915.717.225.337 5

46.560.967.166.583.8

82.486.9

100.5120.8141 5

146.9131.9121.9

64.471.085.582.488.9

106.9130 2139.1

143.8147.0149.0147.7

138.0134.3131.5123.9

115.6127.9119.5124.8

122.4132.3128.7

Equals:Gross

nationalproduct

497 0

516.6535.4575.8607.7653 0

708.1774.9819.8895.5965 6

1,017.11,104.91,215.71,362.31,474.3

1,599.11,785.51,994.62,254.52 520 8

2,742.13,063.83,179.83,434.43,801.5

4,053.64,277.74,544.54,908.25 266 8

5,567.85,737.16,045.8

3,222.63,578.43,890.24,156.24,340.54,690.55,054 35,365.0

5,482.15,559.35,599.95,630.0

5,656.15,710.65,766.25,815.5

5,927.65,996.36,067.36,191.9

6,262.16,327.16,402.3

Less:Consump-

tion offixed

capital

44 6

46.347.749.351.353 9

57.362.167.473.9815

88.897.6

109.9120.4140.2

165.2182.8205.2234.8272 4

311.9362.4399.1418.4433.2

454.5478.6502.2534.0580 4

602.7626.1657.96712

412.5439.7448.0465.6488.2512.1547 2600.8

590.2597.9607.8614.8

619.9622.3626.7635.4

631.7637.2714.6648.0

663.2663.3679.7678.7

Equals:Net

nationalproduct

452.5

470.2487.7526.5556.4599 2

650.7712.8752.4821.5884 2

928.31,007.31,105.71,241.91,334.1

1,433.91,602.71,789.42,019.82 248 4

2,430.22,701.42,780.83,016.03,368.3

3,599.13,799.24,042.44,374.24 686 4

4,965.15,111.05,387.9

2,810.13,138.73,442.23,690.73,852.34,178.54,507.24,764.2

4,891.94,961.44,992.25,015.1

5,036.25,088.35,139.65,180.0

5,295.95,359.15,352.85,543.9

5,598.85,663.95,722.6

Less:

Indirectbusinesstax andnontaxliability

419

45.548.151.754.758 8

62.765.470.479.086 6

94.3103.6111.4121.0129.3

140.0151.6165.5177.8188 7

212.0249.3256.4280.1309.5

329.9345.5365.0385.3414 7

444.0476.6502.8530 5

262.3291.7317.7335.1351.6372.3394.2424.4

436.2437.2448.0454.8

465.6470.5481.3488.9

493.4497.3504.8515.7

515.6526.2532.4547.9

Businesstransfer

payments

1.4

1.41.51.61.820

2.22.32.52.831

3.23.43.94.55.0

5.26.57.38.299

11.213.415.416.619.0

21.024.224.025.626 6

26.826.327.628 0

16.018.120.222.224.924.227.226.2

26.327.027.126.7

26.126.326.026.6

27.027.627.828.1

27.027.828.428.8

Statis-tical

discrep-ancy

-1 .8

-3 .1- 2 . 2-1 .0-2 .0

7

- . 72.8

.8- . 126

.03.11.1

- . 51.4

6.010.410.97.6

13 8

13.610.9

-7 .410.2

- 9 . 0

-13.91.2

-24.8-28.4

11

7.89.6

23.6

-10.113.8

-20.5-5 .9- 2 . 0

-24.9-25.4

12.8

13.1-1 .814.94.9

.24.5

27.36.2

23.123.615.732.1

34.412.013.3

PIUS:Subsidies

lesscurrentsurplus

ofgovern-

mententer-prises

-0 .9

- . 8.2.3

- . 31

.31.41.21.215

2.62.43.42.6

.4

2.61.43.33.629

4.84.76.2

11.79.5

6.49.7

14.110.954

4.5

7.772

9.619.29.72.68.2

22.016.54.4

9.93.0

- 5 . 610.4

1.8.8

- 8 . 04.3

3.03.9

-3 .77.7

17.16.1

- 5 . 310.7

Equals:Nationalincome

410.1

425.7440.5474.5501.55391

586.9643.7679.9741.0798.6

833,5899.5992.9

1,119.51,198.8

1,285.31,435.51,609.11,829.82,038 9

2,198.22,432.52,522.52,720.83,058.3

3,268.43,437.93,692.34,002.64 249 5

4,491.04,598.34,836.6

2,551.52,834.33,134.43,341.93,486.03,828.84,127.64,305.2

4,426.24,502.04,496.64,539.2

4,546.04,587.84,596.94,662.6

4,755.44,814.64,800.84,975.8

5,038.95,104.05,143.2

1 Consists largely of receipts by U.S. residents of interest and dividends and reinvested earnings of foreign affiliates of U.S.corporations.

2 Consists largely of payments to foreign residents of interest and dividends and reinvested earnings of U.S. affiliates of foreigncorporations.



TABLE B-24.—Relation of national income and personal income, 1959-93


Year or quarter

1959

19601961196219631964

196519661967 !

19681969

19701971197219731974

19751976197719781979

19801981198219831984

19851986198719881989

1990199119921993"

1982 IV1983 IV1984 IV1985 IV1986 IV1987 IV1988 IV1989 IV

1990 1IIIIIIV

1991 1IIIIIIV

1992 1IIIIIIV

1993 1IIIIIIV P

Nationalincome

410.1

425.7440.5474.5501.5539.1

586.9643.7679.9741.0798.6

833.5899.5992.9

1,119.51,198.8

1,285.31,435.51,609.11,829.82,038.9

2,198.22,432.52,522.52,720.83,058.3

3,268.43,437.93,692.34,002.64,249.5

4,491.04,598.34,836.6

2,551.52,834.33,134.43,341.93,486.03,828.84,127.64,305.2

4,426.24,502.04,496.64,539.2

4,546.04,587.84,596.94,662.6

4,755.44,814.64,800.84,975.8

5,038.95,104.05,143.2

Less:

Corporateprofitswith

inventoryvaluation

andcapital

consump-tion

adjust-ments

52.3

50.751.659.665.172.1

82.988.686.092.689.6

77.590.3

103.2116.4104.5

121.9147.1175.7199.7202.5

177.7182.0151.5212.7264.2

280.8271.6319.8365.0362.8

380.6369.5407.2

150.3229.1261.3284.9264.6343.3378.3354.5

382.6409.3367.5362.8

369.3370.8359.0378.8

409.9411.7367.5439.5

432.1458.1468.5

Netinterest

10.2

11.213.114.616.118.2

21.124.328.130.433.6

40.045.449.356.571.8

80.085.1

100.7120.5149.9

191.2233.4262.4270.0307.9

326.2350.2360.4387.7452.7

463.7462.8442.0

256.8281.8321.1331.9349.7368.6408.1459.8

460.5459.5460.6474.4

468.8466.3464.2451.9

439.5440.8440.1447.7

450.1443.2444.6

Contribu-tions for

social

insurance

18.8

21.922.925.428.530.1

31.640.645.550.457.9

62.268.979.097.6

110.5

118.5134.5149.8171.8197.8

216.6251.3269.6290.2325.0

353.8379.8400.7442.3473.2

503.1528.4555.6585.3

272.8298.3332.2362.3388.7409.6453.5480.4

495.9500.7506.4509.5

520.7525.7531.5535.7

548.5552.7556.6564.6

568.9585.9590.5596.0

Wageaccruals

lessdisburse-

ments

0.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.0

.6

.0- .1- .5

.1

.1

.1

.3- .2

.0,1.0

- 4.2

-.2.0.0.0.0

.1- .1

-20.020.0

.0

.0

.6

.0

.0-.2

.0

.0

.0

.0

.0

.2

.2-.4

.0

.0

.0

.0

.0-80.0

80.0.0.0.0

Per-sonalinter-estin-

come

22.7

25.026.929.332.436.1

40.344.949.554.660.8

69.275.781.894.1

112.4

123.0134.6155.7184.5223.2

274.0336.1376.8397.5461.9

498.1531.7548.1583.2668.2

698.2715.6694.3695.8

373.6418.7485.4507.5532.6562.3608.9681.2

686.9692.8702.8710.3

715.4720.0717.3709.6

694.4696.0692.2694.5

695.4693.1695.7699.2

Per-sonaldivi-dendin-

come

12.7

13.414.015.016.118.0

20.220.922.124.525.1

23.523.525.527.729.6

29.234.739.444.250.4

57.166.967.177.878.8

87.9104.7100.4108.4126.5

144.4127.9140.4158.3

69.480.679.392.7

105.6100.1113.8132.9

141.2145.6146.6144.4

136.6126.7123.9124.3

128.2136.0144.9152.3

157.0157.8159.0159.4

>IUS:

Govern-ment

transferpay-

mentsto

persons

25.7

27.531.532.634.536.0

39.143.652.360.667.5

81.897.0

108.4124.1147.4

185.7202.8217.5234.8262.8

312.6355.7396.3426.1437.8

468.1497.1521.3555.9603.8

666.3749.2836.8889.7

419.9428.0442.3474.8505.8528.1563.5624.0

649.0656.1669.2690.9

724.2740.9754.8776.8

816.6830.9844.3855.4

873.0883.7896.4905.6

Businesstransfer

paymentsto

persons

1.3

1.31.41.51.71.8

2.02.12.32.52.8

2.83.03.43.84.0

4.55.55.96.87.9

8.810.211.812.815.1

17.820.720.820.821.1

21.320.721.621.9

12.313.216.218.820.920.421.320.8

21.321.521.321.1

20.820.520.620.8

21.121.521.822.0

21.421.822.122.3

Equals:

Personalincome

391.2

409.2426.5453.4476.4510.7

552.9601.7646.5709.9773.7

831.0893.5980.5

1,098.71,205.7

1,307.31,446.31,601.31,807.92,033.1

2,265.42,534.72,690.92,862.53,154.6

3,379.83,590.43,802.04,075.94,380.3

4,673.84,850.95,144.95,387.6

2,746.82,965.33,242.53,456.73,647.83,918.54,195.24,469.4

4,585.64,648.64,701.94,759.1

4,783.94,833.44,858.84,927.5

5,017.85,093.85,139.85,328.3

5,254.75,373.25,412.75,509.8



TABLE B-25.—National income by type of income, 1959-93


Year or quarter Nationalincome1

Compensationof employees

TotalWages

and

Supple-ments

towages

andsal-

aries2

Proprietors' income with inventory valuation andcapital consumption adjustments

Total

Farm

Total

Propri-etors'

in-come*

Capitalcon-

sump-tion

adjust-ment

Nonfarm

TotalPropri-etors'

income

"tor?"valua-tion

adjust-ment

Capitalcon-

sump-tion

adjust-ment

1959...

1960...1961...1962...1963...1964...

1965...1966...1967...1968...1969...

1970...1971...1972...1973...1974...

19751976197719781979

19801981198219831984

19851986198719881989

1990199119921993 '


1990:1

1991: IIIIllIV

1992:I..IIIllIV

1993:1

410.1

425.7440.5474.5501.5539.1

586.9643.7679.9741.0798.6

833.5899.5992.9

1,119.51,198.8

1,285.31,435.51,609.11,829.82,038.9

2,198.22,432.52,522.52,720.83,058.3

3,268.43,437.93,692.34,002.64,249.5

4,491.04,598.34,836.6

2,551.52,834.33,134.43,341.93,486.03,828.84,127.64,305.2

4,426.24,502.04,496.64,539.2

4,546.04,587.84,596.94,662.6

4,755.44,814.64,800.84,975.8

5,038.95,104.05,143.2

281.2

296.7305.6327.4345.5371.0

399.8443.0475.5524.7578.4

618.3659.4726.2812.8891.3

948.71.058.31.177.31.333.01,496.4

1.644.41,815.51,916.02.029.42,226.9

2,382.82,523.82,698.72,921.33,100.2

3,297.63,402.43,582.03,772.1

1,940.42,101.22,288.12,442.52,582.52,785.13,004.93,162.8

3,231.53,288.23,326.33,344.2

3,355.73,382.83,415.83,455.4

3,507.83,558.13,603.63,658.6

3,705.13,750.63,793.93,839.0

259.8

272.8280.5299.3314.8337.7

363.7400.3428.9471.9518.3

551.5584.5638.7708.6772.2

814.7899.6994.0

1,120.91,255.3

1,376.61,515.61,593.31,684.21,850.0

1,986.32,105.42,261.22,443.02,586.4

2,745.02,814.92,953.13,100.4

1,611.81,747.31,903.92,039.12,153.92,336.72,510.62,637.9

2,689.22,739.12,770.62,781.3

2,782.22,800.62,823.42,853.6

2,892.22,933.62,970.73,015.8

3,054.33,082.73,115.43,149.2

21.4

23.825.128.130.733.2

36.142.746.652.860.1

66.874.987.6

104.2119.1

134.0158.7183.3212.1241.1

267.8299.8322.7345.2376.9

396.5418.4437.4478.3513.8

552.5587.5629.0671.7

328.6353.9384.2403.3428.6448.4494.3524.9

542.3549.2555.7562.9

573.4582.3592.4601.8

615.7624.5632.9642.8

650.7668.0678.5689.8

51.7

51.954.356.457.760.5

65.069.470.975.178.9

79.986.297.4

116.5115.3

121.2132.9146.4167.7181.8

171.8180.8170.7186.7236.0

259.9283.7310.2324.3347.3

363.3376.4414.3442.1

179.9200.1239.6268.7284.4325.0333.4349.7

367.5361.4355.5368.9

363.8379.7374.2387.7

406.8411.1408.1431.2

444.1439.4422.5462.4

10.7

11.211.911.911.810.6

12.914.012.712.714.4

14.615.219.132.225.5

23.718.317.121.524.7

11.521.213.52.4

21.3

21.522.331.330.940.2

41.936.843.745.0

10.26.3

21.917.823.642.430.938.4

49.942.531.643.8

37.242.629.837.6

45.644.936.847.6

55.747.024.852.4

11.6

12.112.712.712.511.3

13.714.813.513.615.6

15.916.620.934.328.2

27.522.521.827.031.2

19.430.223.112.130.8

30.531.039.638.848.3

49.844.451.252.1

20.015.831.226.732.150.638.846.4

57.550.239.651.7

45.150.237.445.0

52.952.244:954.8

62.854.132.159.4

- 0 . 9

- . 7- . 7

- . 7

- . 9- 1 . 1

- 1 . 3- 1 . 4- 1 . 8- 2 . 0- 2 . 8

- 3 . 8- 4 . 2- 4 . 8- 5 . 5-6 .4

-7 .9- 9 . 0-9 .7-9 .7- 9 . 4

-9 .0-8 .7- 8 . 3- 8 . 0- 8 . 1

- 7 . 8-7 .6- 7 . 5- 7 . 1

- 9 . 8- 9 . 5- 9 . 3-8 .9-8 .6-8 .2-7 .9-8 .0

-7 .6- 7 . 8- 8 . 0-7 .9

- 7 . 8- 7 . 6- 7 . 6- 7 . 4

- 7 . 3- 7 . 2- 8 . 2- 7 . 2

- 7 . 1- 7 . 1- 7 . 3- 7 . 0

41.1

40.642.444.545.949.8

52.155.358.262.464.5

65.370.978.384.389.8

97.5114.6129.4146.2157.0

160.3159.6157.3184.3214.7

238.4261.5279.0293.4307.0

321.4339.5370.6397.1

169.6193.8217.7250.9260.9282.6302.5311.4

317.6318.9323.9325.1

326.6337.1344.4350.1

361.2366.2371.3383.6

388.4392.4397.6410.1

40.2

39.841.843.945.249.2

51.955.458.363.065.0

66.072.079.386.594.2

100.2117.6132.5150.2161.8

165.8160.9157.8176.1197.1

212.4230.6252.4266.8281.1

305.6327.7358.0385.2

168.0182.5196.6223.2230.0254.2274.9288.7

290.4284.0329.5318.4

312.8320.6340.1337.5

350.4360.0359.4362.2

376.4380.3385.4398.7

0.0

.0

.0

.0

.0- . 1

- . 2- . 2- . 2- . 4- . 5

- . 5- . 6- . 7

- 2 . 0- 3 . 8

- 1 . 2- 1 . 3- 1 . 3- 2 . 1- 2 . 9

- 3 . 0- 1 . 4

- . 6

-.5

- . 2- . 1- . 8

- 1 . 5- 1 . 2

- . 4.0

- L 0

.6- 1 . 6

.1- 1 . 4

.71.7

- 1 . 4- . 7

6.417.6

-19.8-5 .6

2.34.9

- 7 . 5.3

- 2 . 1- 7 . 0

- . 87.8

- 1 . 6-1 .2

- . 4- . 9

0.9

.8

.6

.6

.7

.7

.4

.2

.1- . 2

.0

- . 1

-.2

- . 6

- 1 . 4- 1 . 7- 1 . 8- 2 . 0- 1 . 9

- 2 . 5.2.0

8.718.1

26.130.927.428.127.2

16.211.813.113.0

1.112.921.029.130.126.729.023.4

20.817.414.312.4

11.511.611.712.3

12.913.212.713.7

13.713.312.712.3

1 National income is the total net income earned in production. It differs from gross domestic product mainly in that it excludesdepreciation charges and other allowances for business and institutional consumption of durable capital goods and indirect businesstaxes. See Table B-23.



TABLE B-25.—National income by type of income, 1959-93—Continued


Year or quarter

Rental income of personswith capital consumption

adjustment

Total

Rentalincome

ofpersons

Capitalcon-

sumptionadjust-ment

Corporate profits with inventory valuation and capital consumption adjustments

Total

Profits with inventory valuation adjustment and withoutcapital consumption adjustment

Total

Profits

Profitsbefore

tax

Profitstax

liability

Profits after tax

TotalDivi-

dends

Undis-tributedprofits

Inven-toryvalu-ation

adjust-ment

Capitalcon-

sumptionadjust-ment

Netinterest

1959

19601961196219631964

19651966196719681969

197019711972......19731974

19751976197719781979

19801981198219831984

19851986198719881989

1990199119921993 "...


1990:1..

1991: I ...II..

1992:

1993:

IV

1IIIllIV

1II

14.7

15.315.816.517.117.3

18.018.519.418.218.0

17.818.216.817.315.8

13.512.19.08.98.4

13.220.821.922.123.3

18.78.73.24.3

-13.5

-14.2-12.8- 8 . 913.0

24.122.224.314.04.76.82.8

-21.6

-15.9-16.4-13.3-11.1

-11.7-11.9-16 .3-11.2

- 8 . 7- 7 . 2

-18 .5-1 .2

7.512.713.717.9

18.0

18.719.219.820.320.5

21.322.123.422.823.9

24.225.626.128.229.3

29.529.930.034.439.1

49.061.164.464.866.5

63.453.450.053.444.2

42.745.257.475.4

66.564.567.660.050.254.252.639.8

40.140.244.146.4

45.144.741.049.8

47.349.375.757.4

71.373.277.280.0

- 3 . 4

- 3 . 4- 3 . 3- 3 . 3- 3 . 2- 3 . 2

- 3 . 3-3 .6- 3 . 9-4 .6- 5 . 9

-6 .4-7 .4- 9 . 3

-10.9-13 .5

-15.9-17.8-21.0-25 .5-30.8

- 3 5 . 8- 4 0 . 2- 4 2 . 4- 4 2 . 8- 4 3 . 2

-44.6-44.7-46.8-49.1-57.7

-56.9-57.9-66.3-62 .5

-42.3-42.4-43.4-46.0-45 .5-47.4-49.7-61.3

- 5 6 . 0- 5 6 . 6- 5 7 . 4- 5 7 . 4

-56 .8-56.6-57.2-61.0

- 5 6 . 0- 5 6 . 5- 9 4 . 2- 5 8 . 6

-63.8-60.4-63 .5-62.1

52.3

50.751.659.665.172.1

82.988.686.092.689.6

77.590.3

103.2116.4104.5

121.9147.1175.7199.7202.5

177.7182.0151.5212.7264.2

280.8271.6319.8365.0362.8

380.6369.5407.2

53.1

51.051.356.461.267.5

77.683.080.386.983.2

71.885.597.9

110.9103.4

129.4158.8186.7212.8219.8

197.8203.2166.4202.2236.4

225.3227.6273.4320.3325.4

354.7367.3390.1

53.4

51.151.056.461.268.0

78.885.181.890.689.0

78.490.1

104.5130.9142.8

140.4173.7203.3237.9261.4

240.9228.9176.3210.7240.5

225.0217.8287.9347.5342.9

365.7362.3

23.6

22.722.824.026.228.0

30.933.732.739.439.7

34.437.741.949.351.8

50.964.273.083.588.0

84.881.163.177.294.0

96.5106.5127.1137.0141.3

138.7129.8

29.7

28.428.232.434.940.0

47.951.449.251.249.4

44.052.462.681.691.0

89.5109.5130.3154.4173.4

156.1147.8113.2133.5146.4

128.5111.3160.8210.5201.6

227.1232.5249.1

150.3229.1261.3284.9264.6343.3378.3354.5

382.6409.3367.5362.8

369.3370.8359.0378.8

409.9411.7367.5439.5

432.1458.1468.5

160.0216.2223.6228.0225.0293.4340.5320.6

346.8377.9344.7349.3

364.6370.1359.0375.4

399.7395.7350.1414.8

407.0433.4444.8

168.6223.8220.1231.8235.7311.2372.2334.1

348.8369.0376.2368.9

356.5357.4362.0373.5

404.3409.5357.9409.9

419.8445.6443.8

58.782.283.897.6

116.6135.2146.2134.2

132.0139.8145.7137.0

125.4128.0132.5133.4

147.0153.0130.1155.0

160.9173.3169.5

109.9141.6136.3134.2119.2176.0226.0200.0

216.8229.2230.5231.8

231.1229.4229.5240.1

257.3256.5227.8254.9

258.9272.3274.3

12.7

13.414.015.016.118.0

20.220.922.124.625.2

23.723.725.828.130.4

30.135.640.745.952.4

59.069.270.081.282.7

92.4109.8106.2115.3134.6

153.5137.4150.5169.0

72.584.283.497.4

111.0106.3121.0141.3

149.9154.6155.7153.7

145.9136.2133.4133.9

138.0146.1155.2162.9

167.5168.5169.7170.4

17.0

15.014.317.418.822.0

27.830.527.126.624.1

20.328.636.953.560.6

59.473.989.5

108.5121.0

97.178.643.252.363.8

36.11.6

54.695.267.1

73.695.298.6

37.557.452.936.9

8.269.7

105.058.7

67.074.674.878.1

85.293.296.1

106.1

119.3110.472.792.0

91.4103.9104.6

- 0 . 3

- . 2.3.0.1

_ 5

-1 .2- 2 . 1-1 .6- 3 . 7- 5 . 9

- 6 . 6-4 .6- 6 . 6

-20.0-39.5

-11.0-14.9-16.6-25.0-41.6

-43.0-25.7

- 9 . 9- 8 . 5- 4 . 1

.29.7

-14.5-27.3-17.5

-11.04.9

- 5 . 3- 7 . 8

-8 .6-7 .6

3.5- 3 . 8

-10.7-17.8-31.7-13.5

-2 .08.9

-31 .5-19 .5

8.212.7

- 3 . 01.9

- 4 . 6-13.7

- 7 . 84.9

-12.7-12.2

1.0- 7 . 2

- 0 . 8

- . 3.3

3.23.94.6

5.35.65.75.66.4

5.64.85.35.51.2

-7 .6-11.7-11.0-13 .1-17.3

-20.2-21.2-14.9

10.427.8

55.544.146.444.737.4

25.92.2

17.124.3

-9 .612.937.756.939.649.937.933.9

35.831.422.813.5

4.7

3.5

10.216.017.424.7

25.124.723.823.6

10.2

11.213.114.616.118.2

21.124.328.130.433.6

40.045.449.356.571.8

80.085.1

100.7120.5149.9

191.2233.4262.4270.0307.9

326.2350.2360.4387.7452.7

463.7462.8442.0

256.8281.8321.1331.9349.7368.6408.1459.8

460.5459.5460.6474.4

468.8466.3464.2451.9

439.5440.8440.1447.7

450.1443.2444.6

2 Consists mainly of employer contributions for social insurance and to private pension, health, and welfare funds.3 With inventory valuation adjustment.



TABLE B-26.—Sources of personal income, 1959-93


Year or quarter

1959

19601961196219631964

19651966196719681969

19701971197219731974

19751976197719781979

19801981198219831984

19851986198719881989

1990199119921993 "

1982 IV1983 IV1984 IV1985 IV1986 IV1987 IV1988 IV1989 IV

1990 1IIIIIIV

1991 1IIIIIIV

1992 1IIIIIIV

1993 1IIIIIIV

Personalincome

391.2

409.2426.5453.4476.4510.7

552.9601.7646.5709.9773.7

831.0893.5980.5

1,098.71,205.7

1,307.31,446.31,601.31,807.92,033.1

2,265.42,534.72,690.92,862.53,154.6

3,379.83,590.43,802.04,075.94,380.3

4,673.84,850.95,144.95,387.6

2,746 82,965.83,242.53,456.73P647.83,918.54,195.24,469.4

4,585.64,648.64,701.94,759.1

4,783.94,833.44,858.84,927.5

5,017.85,093.85,139.85,328.3

5,254.75,373.25,412.75,509.8

Wage and salary disbursements *

Total

259.8

272.8280.5299.3314.8337.7

363.7400.3428.9471.9518.3

551.5583.9638.7708.7772.6

814.6899.5993.9

1,120.71,255.4

1,376.61,515.61,593.31,684.71,849.8

1,986.52,105.42,261.22,443.02,586.4

2,745.02,815.02,973.13,080.4

1,611.71,747.31,903.32,039.12,153.92,337.02,510.62,637.9

2,689.12,739.12,770.62,781.1

2,782.02,800.92,823.42,853.6

2,892.22,933.62,970.73,095.8

2,974.33,082.73,115.43,149.2

Commodity-producingindustries

Total

109.9

113.4114.0122.2127.4136.0

146.6161.6169.0184.1200.4

203.7209.1228.2255.9276.5

277.1309.7346.1392.6442.1

471.9513.7513.5525.1580.8

612.2628.5651.8699.1724.2

745.7738.1756.5763.6

503.9547.6594.5622.6635.3668.4715.3732.1

740.6748.2749.1744.8

735.3733.3739.3744.4

741.3750.0751.6783.3

740.7765.1769.4779.0

Manu-facturing

86.9

89.889.996.8

100.7107.3

115.7128.2134.3146.0157.7

158.4160.5175.6196.6211.8

211.6238.0266.7300.1334.9

355.7386.9384.3397.7439.8

461.3473.8490.1524.5542.2

555.6557.2577.6577.2

378.0415.7450.5469.1478.5501.6537.5545.7

549.7557.5558.4556.9

551.0552.0559.3566.4

564.0571.2573.3602.0

559.7580.3581.5587.5

Distrib-utiveindus-tries

65.1

68.669.673.376.882.0

87.995.1

101.6110.8121.7

131.2140.4153.3170.3186.8

198.1219.5242.7274.9308.4

336.4368.1385.8406.2445.4

475.9501.7536.9575.3607.0

635.1648.0682.0706.4

391.2422.4458.4487.6512.5551.9589.9616.1

624.7634.4640.2641.0

639.8645.9651.0655.4

663.5672.2682.5709.9

682.9709.1714.4719.2

Serviceindus-tries

38.8

41.744.447.650.754.9

59.465.372.080.490.6

99.4107.9119.7133.9148.6

163.4181.6202.8233.7267.7

306.9348.1386.5427.4475.8

524.5579.5650.7719.6776.8

848.3883.5967.0

1,020.8

400.9445.8494.4546.8602.1685.0746.8800.0

821.5843.5861.4866.8

866.1876.8886.9904.1

928.1944.6966.8

1,028.4

966.61,022.21,038.81,055.5

Govern-

ment

46.0

49.252.456.360.064.9

69.978.386.496.6

105.5

117.1126.5137.4148.7160.9

176.0188.6202.3219.4237.3

261.4285.7307.5325.9347.8

373.9395.7421.8449.0478.5

515.9545.4567.5589.7

315.6331.5356.1382.2404.0431.7458.5489.7

502.3513.0519.9528.5

540.8545.0546.2549.7

559.3566.9569.7574.2

584.1586.3592.8595.5

Otherlabor

incomeJ

10.6

11.211.813.014.015.7

17.819.921.725.228.5

32.536.743.049.256.5

65.979.794.7

110.1124.3

139.8153.0165.4174.6184.7

191.8200.7210.4230.5251.9

274.3296.9322.7350.7

169.2179.0187.7193.9205.3216.5240.3259.1

268.0271.5276.2281.3

287.1293.3300.1307.0

313.4319.9326.0331.5

338.5346.6354.7362.9

Proprietor' ' incomewith invcmuiyvaluation and

capconsunadjustr

Farm

10.7

11.211.911.911.810.6

12.914.012.712.714.4

14.615.219.132.225.5

23.718.317.121.524.7

11.521.213.52.4

21.3

21.522.331.330.940.2

41.936.843.745.0

10.26.3

21.917.823.642.430.938.4

49.942.531.643.8

37.242.629.837.6

45.644.936.847.6

55.747.024.852.4

tallptionlents

Nonfarm

41.1

40.642.444.545.949.8

52.155.358.262.464.5

65.370.978.384.389.8

97.5114.6129.4146.2157.0

160.3159.6157.3184.3214.7

238.4261.5279.0293.4307.0

321.4339.5370.6397.1

169.6193.8217.7250.9260.9282.6302.5311.4

317.6318.9323.9325.1

326.6337.1344.4350.1

361.2366.2371.3383.6

388.4392.4397.6410.1

1 The total of wage and salary disbursements and other labor income differs from compensation of employees in Table B-25 in that itexcludes employer contributions for social insurance and the excess of wage accruals over wage disbursements.


TABLE B-26.—Sources of personal income, 1959-93—Continued

[Billions of dollars-, quarterly data at seasonally adjusted annual rates]

Year or quarter

Rentalincome

ofpersons

withcapital

con-sumptionadjust-ment

Personaldividendincome

Personalinterestincome

Transfer payments to persons

Total

Old-age,survivors,disability,

andhealthinsur-ance

benefits

Govern-mentunem-

ploymentinsur-ance

benefits

Veteransbenefits

Govern-ment

employ-ees

retire-ment

benefits

Aid tofamilies

withdepend-

entchildren(AFDC)

Other

Less:Personalcontribu-tions for

socialinsurance

Nonfarmpersonalincome2

1959

19601961196219631964

19651966196719681969

19701971197219731974

19751976197719781979

19801981198219831984

19851986198719881989

1990199119921993 »1982: IV1983: IV1984: IV1985: IV1986: IV1987: IV1988: IV1989: IV

1990:1IIIllIV

1991: IIIIllIV

1992:IIIIllIV

1993:LIIIllIV "...

14.715.315.816.517.117.3

18.018.519.418.218.0

17.818.216.817.315.8

13.512.19.08.98.4

13.220.821.922.123.3

18.78.73.24.3

- 1 3 . 5

- 1 4 . 2- 1 2 . 8

- 8 . 913.024.122.224.314.04.76.82.8

- 2 1 . 6- 1 5 . 9- 1 6 . 4- 1 3 . 3- 1 1 . 1

- 1 1 . 7- 1 1 . 9- 1 6 . 3- 1 1 . 2

- 8 . 7- 7 . 2

- 1 8 . 5- 1 . 2

7.512.713.717.9

12.713.414.015.016.118.0

20.220.922.124.525.1

23.523.525.527.729.6

29.234.739.444.250.4

57.166.967.177.878.8

87.9104.7100.4108.4126.5

144.4127.9140.4158.369.480.679.392.7

105.6100.1113.8132.9

141.2145.6146.6144.4

136.6126.7123.9124.3

128.2136.0144.9152.3

157.0157.8159.0159.4

22.7

25.026.929.332.436.1

40.344.949.554.660.8

69.275.781.894.1

112.4

123.0134.6155.7184.5223.2

274.0336.1376.8397.5461.9

498.1531.7548.1583.2668.2

698.2715.6694.3695.8

373.6418.7485.4507.5532.6562.3608.9681.2

686.9692.8702.8710.3

715.4720.0717.3709.6

694.4696.0692.2694.5

695.4693.1695.7699.2

27.0

28.832.834.136.237.9

41.145.754.663.270.3

84.6100.1111.8127.9151.3

190.2208.3223.3241.6270.7

321.5365.9408.1438.9452.9

485.9517.8542.2576.7625.0

687.6769.9858.4911.6

432.2441.3458.5493.6526.6548.5584.8644.8

670.4677.7690.4712.0

745.0761.4775.4797.6

837.7852.4866.1877.4

894.4905.5918.5927.9

10.2

11.112.614.315.216.0

18.120.825.530.232.9

38.544.549.660.470.1

81.492.9

104.9116.2131.8

154.2182.0204.5221.7235.7

253.4269.2282.9300.4325.1

352.0382.3413.9438.2

216.4226.7241.3256.7273.3285.8303.8334.4

348.1348.7352.7358.6

374.5379.1384.3391.3

406.3412.0416.6420.8

433.1435.0439.4445.4

2.8

3.04.33.13.02.7

2.31.92.22.12.2

4.05.85.74.46.8

17.615.812.79.79.8

16.115.925.226.315.8

15.716.314.513.414.4

19.026.739.234.0

31.819.915.615.316.713.413.015.6

17.117.719.222.0

24.127.126.429.3

39.140.439.737.8

34.534.435.132.0

4.6

4.65.04.74.84.7

4.94.95.65.96.7

7.78.89.7

10.411.8

14.514.413.813.914.4

15.016.116.416.616.4

16.716.716.616.917.3

17.818.319.320.0

16.616.516.416.516.416.516.817.3

18.017.817.717.8

18.118.618.318.3

20.518.918.819.0

20.020.220.119.7

2.8

3.13.43.74.24.7

5.26.16.97.68.7

10.211.813.816.019.0

22.726.129.032.736.9

43.049.454.658.060.9

66.670.776.082.287.5

94.5102.0108.3115.4

56.159.558.068.072.477.783.089.3

92.893.794.996.5

101.6101.2102.1103.1

106.7107.7108.4110.2

112.8114.6116.4117.9

0.9

1.01.11.31.41.5

1.71.92.32.83.5

4.86.26.97.27.9

9.210.110.610.711.0

12.413.013.314.214.8

15.416.416.717.318.0

19.822.023.323.9

13.614.514.815.716.716.717.518.4

19.119.620.020.5

21.121.822.222.7

22.923.223.523.5

23.624.124.024.0

5.7

6.16.57.07.68.2

9.010.312.214.516.2

19.423.026.129.535.7

44.749.152.458.466.8

89.794.1

102.1109.2

118.1128.5135.5146.5162.6

184.5218.5254.4280.0

97.6104.2112.5121.3131.1138.3150.6169.9

175.2180.2185.9196.6

205.6213.6222.0232.9

242.2250.1259.2266.2

270.4277.2283.5289.0

7.9

9.39.7

10.311.812.6

13.317.820.622.926.2

27.930.734.542.647.9

50.455.561.269.881.0

88.6104.5112.3119.7132.8

149.1162.1173.6194.5211.4

224.9237.8249.3264.3

113.3123.4135.6152.8165.4177.7199.5214.7

221.6223.1227.0227.9

234.4236.7239.2240.8

246.2248.1249.8253.3

256.6264.5266.8269.2

376.7

393.7410.4437.0460.0495.3

534.9582.4628.3691.4753.1

809.8871.5954.2

1,058.11,170.2

1,272.51,415.11,569.91,770.31,989.3

2,231.62,488.52,649.82,832.63,106.1

3,333.23,545.63,749.44,023.94,318.0

4,608.64,792.05,080.15,320.3

2,708.52,932.03,193.83,414.93,602.33,854.94,142.94,408.5

4,512.74,582.74,647.04,692.2

4,724.04,768.44,807.24,868.5

4,950.85,027.75,082.05,259.8

5,177.25,303.85,365.45,434.7

2 Personal income exclusive of the farm component of wages and salaries, other labor income, proprietors' income with inventoryvaluation and capital consumption adjustments, and net interest.

Note.—The industry classification of wage and salary disbursements and proprietors' income is on an establishment basis and isbased on the 1987 Standard Industrial Classification (SIC) beginning 1987 and on the 1972 SIC for earlier years shown.



TABLE B-27.—Disposition of personal income, 1959-93


Year or quarter Personalincome

Less:Personaltax andnontax

payments

Equals:Dispos-

ablepersonalincome

Less: Personal outlays

Total

Personalcon-

sumptionexpendi-

tures

Interestpaid bypersons

Per-sonal

transferpay-

mentsto restof theworld(net)

Equals:Personalsaving

Percent of disposablepersonal income l

Personal outlays

Total

Personalconsump-

tionexpend-itures

Personalsaving

195919601961196219631964

19651966196719681969

19701971197219731974

19751976197719781979

19801981198219831984

19851986198719881989

1990199119921993 '


1990:1IIIllIV

1991:1IIIllIV

1992:1IIIllIV

1993:1IIIllIV ".

391.2409.2426.5453.4476.4510.7

552.9601.7646.5709.9773.7

831.0893.5980.5

1,098.71,205.7

1,307.31,446.31,601.31,807.92,033.1

2,265.42,534.72,690.92,862.53,154.6

3,379.83,590.43,802.04,075.94,380.3

4,673.84,850.95,144.95,387.6

2,746.82,965.83,242.53,456.73,647.83,918.54,195.24,469.4

4,585.64,648.64,701.94,759.1

4,783.94,833.44,858.84,927.5

5,017.85,093,85,139.85,328.3

5,254.75,373.25,412.75,509.8

44.548.750.354.858.056.0

61.971.077.992.1

109.9

109.0108.7132.0140.6159.1

156.4182.3210.0240.1280.2

312.4360.2371.4368.8395.1

436.8459.0512.5527.7593.3

623.3620.4644.8681.6

372.1371.6413.4448.8478.5528.6542.0605.1

611.9627.4628.5625.2

616.4616.6619.7628.8

630.9634.6642.8670.7

657.1681.0689.0699.1

346.7360.5376.2398.7418.4454.7

491.0530.7568.6617.8663.8

722.0784.9848.5958.1

1,046.5

1,150.91,264.01,391.31,567.81,753.0

1,952.92,174.52,319.62,493.72,759.5

2,943.03,131.53,289.53,548.23,787.0

4,050.54,230.54,500.24,706.0

2,374.72,594.32,829.13,007.93,169.33,389.93,653.23,864.3

3,973.74,021.24,073.44,133.9

4,167.54,216.84,239.14,298.8

4,386.94,459.24,497.04,657.6

4,597.54,692.24,723.74,810.7

324.7339.9351.3372.8393.7423.1

456.4494.4522.8573.9620.5

664.5719.4788.7872.0953.1

1,050.61,170.91,303.41,460.01,629.6

1,799.11,982.62,120.12,325.12,537.5

2,753.72,944.03,147.53,392.53,634.9

3,880.64,029.04,261.54,515.7

2,190.92,417.92,606.52,828.73,018.23,220.13,496.73,715.5

3,797.23,845.63,921.93,957.7

3,966.04,010.74,052.34,087.0

4,169.44,221.34,277.34,377.9

4,419.74,483.64,544.04,615.5

318.1332.4343.5364.4384.2412.5

444.6481.6509.3559.1603.7

646.5700.3767.8848.1927.7

1,024.91,143.11,271.51,421.21,583.7

1,748.11,926.22,059.22,257.52,460.3

2,667.42,850.63,052.23,296.13,523.1

3,761.23,906.44,139.94,390.6

2,128.72,346.82,526.42,739.82,923.13,124.63,398.23,599.1

3,679.33,727.03,801.73,836.6

3,843.63,887.83,929.83,964.1

4,046.54,099.94,157.14,256.2

4,296.24,359.94,419.14,487.4

6.17.07.37.88.9

10.0

11.112.012.513.815.7

16.817.819.622.424.2

24.526.730.737.544.5

49.454.658.865.775.0

83.690.992.393.7

103.0

109.3112.2111.1114.0

60.269.277.686.492.392.495.8

106.7

108.0108.4109.8110.9

111.9112.5112.2112.1

111.9110.9110.5111.3

112.5112.7114.1116.7

0.4.5.5.5.6.7

1.01.01.1

1.21.31.31.41.2

1.21.21.21.31.4

1.61.82.11.82.3

2.72.53.02.78.9

10.110.510.411.0

1.92.02.52.52.83.12.79.8

9.910.110.310.2

10.410.410.310.8

11.110.59.7

10.5

11.011.010.811.4

22.020.624.925.924.631.6

34.636.345.843.943.3

57.565.459.786.193.4

100.393.087.9

107.8123.3

153.8191.8199.5168.7222.0

189.3187.5142.0155.7152.1

170.0201.5238.7190.3

183.8176.3222.6179.2151.1169.8156.4148.8

176.5175.7151.6176.2

201.5206.0186.8211.7

217.5237.9219.6279.7

177.9208.7179.7195.2

93.794.393.493.594.193.1

93.093.291.992.993.5

92.091.793.091.091.1

91.392.693.793.193.0

92.191.291.493.292.0

93.694.095.795.696.0

95.895.294.796.0

92.393.292.194.095.295.095.796.2

95.695.696.395.7

95.295.195.695.1

95.094.795.194.0

96.195.696.295.9

91.892.291.391.491.890.7

90.590.789.690.590.9

89.589.290.588.588.6

89.190.491.490.790.3

89.588.688.890.589.2

90.691.092.892.993.0

92.992.392.093.3

89.690.589.391.192.292.293.093.1

92.692.793.392.8

92.292.292.792.2

92.291.992.491.4

93.492.993.693.3

6.35.76.66.55.96.9

7.06.88.17.16.5

8.08.37.09.08.9

8.77.46.36.97.0

7.98.88.66.88.0

6.46.04.34.44.0

4.24.85.34.0

7.76.87.96.04.85.04.33.9

4.44.43.74.3

4.84.94.44.9

5.05.34.96.0

3.94.43.84.1

1 Percents based on data in millions of dollars.



TABLE B-28.—Total and per capita disposable personal income and personal consumption expenditures in

current and 1987 dollars, 1959-93

[Quarterly data at seasonally adjusted annual rates, except as noted]

Year or quarter

Disposable personal income

Total (billions ofdollars)

Currentdollars

346.7

360.5376.2398.7418.4454.7

491.0530.7568.6617.8663.8

722.0784.9848.5958.1

1,046.5

1,150.91,264.01,391.31,567.81,753.0

1,952.92,174.52,319.62,493.72,759.5

2,943.03,131.53,289.53,548.23,787.0

4,050.54,230.54,500.24,706.0

2,374.72,594.32,829.13,007.93,169.33,389.93,653.23,864.3

3,973.74,021.24,073.44,133.9

4,167.54,216.84,239.14,298.8

4,386.94,459.24,497.04,657.6

4,597.54,692.24,723.74,810.7

1987dollars

1,284.9

1,313.01,356.41,414.81,461.11,562.2

1,653.51,734.31,811.41,886.81,947.4

2,025.32,099.92,186.22,334.12,317.0

2,355.42,440.92,512.62,638.42,710.1

2,733.62,795.82,820.42,893.63,080.1

3,162.13,261.93,289.53,404.33,464.9

3,524.53,529.03,632.53,700.5

2,832.62,960.63,118.53,178.73,266.23,335.83,443.13,480.9

3,525.63,529.83,523.53,519.0

3,515.93,532.53,524.23,543.4

3,580.13,607.53,624.83,717.6

3,642.63,694.43,708.73,756.4

Per capita(dollars)

Currentdollars

1,958

1,9942,0482,1372,2102,369

2,5272,6992,8613,0773,274

3,5213,7794,0424,5214,893

5,3295,7966,3167,0427,787

8,5769,4559,989

10,64211,673

12,33913,01013,54514,47715,307

16,20516,74117,61518,222

10,18911,03311,92512,56513,12113,90714,85015,558

15,96316,11416,27516,467

16,56016,71216,75216,939

17,24517,48117,57718,153

17,87618,19618,26518,549

1987dollars

7,256

7,2647,3827,5837,7188,140

8,5088,8229,1149,3999,606

9,87510,11110,41411,01310,832

10,90611,19211,40611,85112,039

12,00512,15612,14612,34913,029

13,25813,55213,54513,89014,005

14,10113,96514,21914,329

12,15412,59113,14513,27813,52213,68513,99614,015

14,16314,14414,07814,018

13,97114,00013,92713,963

14,07314,14214,16914,490

14,16314,32614,34114,484


Total (billions ofdollars)

Currentdollars

318.1

332.4343.5364.4384.2412.5

444.6481.6509.3559.1603.7

646.5700.3767.8848.1927.7

1,024.91,143.11,271.51,421.21,583.7

1,748.11,926.22,059.22,257.52,460.3

2,667.42,850.63,052.23,296.13,523.1

3,761.23,906.44,139.94,390.6

2,128.72,346.82,526.42,739.82,923.13,124.63,398.23,599.1

3,679.33,727.03,801.73,836.6

3,843.63,887.83,929.83,964.1

4,046.54,099.94,157.14,256.2

4,296.24,359.94,419.14,487.4

1987dollars

1,178.9

1,210.81,238.41,293.31,341.91,417.2

1,497.01,573.81,622.41,707.51,771.2

1,813.51,873.71,978.42,066.72,053.8

2,097.52,207.32,296.62,391.82,448.4

2,447.12,476.92,503.72,619.42,746.1

2,865.82,969.13,052.23,162.43,223.3

3,272.63,258.63,341.83,452.5

2,539.32,678.22,784.82,895.33,012.53,074.73,202.93,242.0

3,264.43,271.63,288.43,265.9

3,242.73,256.93,267.13,267.5

3,302.33,316.83,350.93,397.2

3,403.83,432.73,469.63,503.9

Per capita(dollars)

Currentdollars

1,796

1,8391,8691,9532,0302,149

2,2872,4502,5622,7852,978

3,1523,3723,6584,0024,337

4,7455,2415,7726,3847,035

7,6778,3758,8689,634

10,408

11,18411,84312,56813,44814,241

15,04815,45916,20517,001

9,1349,980

10,64911,44512,10112,81913,81414,491

14,78114,93515,18915,283

15,27315,40915,53015,621

15,90616,07216,24916,589

16,70416,90717,08817,303

1987dollars

6,658

6,6986,7406,9317,0897,384

7,7038,0058,1638,5068,737

8,8429,0229,4259,7529,602

9,71110,12110,42510,74410,876

10,74610,77010,78211,17911,617

12,01512,33612,56812,90313,029

13,09312,89513,08113,369

10,89511,39011,73912,09512,47212,61513,02013,053

13,11413,11013,13813,010

12,88512,90812,91112,876

12,98113,00213,09813,241

13,23413,31213,41613,511

Popula-tion

(thou-sands) l

195919601961196219631964

19651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993 »1982: IV1983: IV1984: IV1985: IV1986: IV1987: IV1988: IV1989: IV1990:1..

II....III..IV...

1991:1IIIllIV

1992:1

1993:1....II...

IV "...

177,073180,760183,742186,590189,300191,927

194,347196,599198,752200,745202,736205,089207,692209,924211,939213,898215,981218,086220,289222,629225,106

227,715229,989232,201234,326236,393238,510240,691242,860245,093247,397

249,951252,699255,472258,256

233,060235,146237,231239,387241,550243,745246,004248,372

248,927249,552250,291251,035251,659252,312253,048253,776254,392255,090255,836256,569257,197257,872258,612259,343

1 Population of the United States including Armed Forces overseas; includes Alaska and Hawaii beginning 1960. Annual data areaverages of quarterly data. Quarterly data are averages for the period.

Source: Department of Commerce (Bureau of Economic Analysis and Bureau of the Census).


TABLE B-29.—Gross sating and investment, 1959-93


Year orquarter

Gross saving

Total

Gross private saving

Total

Per-sonalsav-ing

Grossbusi-nesssav-ing 1

Government surplus or deficit( - ) , national income and

product accounts


Capitalgrants

receivedby theUnitedStates(ne t ) 2

Gross investment

Total

Grossprivatedomes-

ticinvest-ment

Netforeigninvest-ment3

Statis-tical

discrep-ancy

1959

19601961196219631964

19651966196719681969

19701971197219731974

19751976197719781979

19801981198219831984

19851986198719881989

1990199119921993 "


1990:1

1991:1.

79.4

85.184.492.8

100.4110.0

125.0131.5130.8141.7159.5

155.2173.7201.7252.3249.5

241.4284.8338.2415.7468.5

465.4556.6508.4501.6633.9

610.4574.6619.0704.0741.8

722.7733.7717.8

82.5

81.587.495.898.8

111.5

123.7132.5144.5146.4149.5

165.8192.2204.9245.4256.0

306.3323.1355.0412.8457.9

499.6585.9616.9641.3742.7

735.7721.4730.7802.3819.4

861.1929.9986.9

1992:1II....III...IV...

1993:1

IllIV »

458.5542.4637.0603.8550.1667.9720.1728.4

735.5765.9705.5683.8

780.3734.3694.4726.0

709.9715.5727.0718.8

762.0766.7774.3

615.4678.7764.7734.7676.3783.7814.8828.6

867.4888.5825.5863.1

919.4935.0906.6958.7

974.1987.7

1,016.5969.4

1,024.8988.3988.7

22.0

20.624.925.924.631.6

34.636.345.843.843.3

57.565.459.786.193.4

100.393.087.9

107.8123.3

153.8191.8199.5168.7222.0

189.3187.5142.0155.7

170.0201.5238.7190.3

183.8176.3222.6179.2151.1169.8156.4148.8

176.5175.7151.6176.2

201.5206.0186.8211.7

217.5237.9219.6279.7

177.9208.7179.7195.2

60.5

60.962.569.974.180.0

89.296.198.7

102.5106.2

108.2126.8145.1159.3162.6

206.0230.0267.1305.0334.5

345.7394.1417.5472.7520.7

546.4533.9588.7646.6667.3

691.2728.4748.3

431.6502.4542.1555.5525.3613.9658.3679.8

690.9712.9673.9686.9

717.9728.9719.8746.9

756.6749.8796.9689.7

847.0779.6809.0

- 3 . 1

3.6-3 .0- 2 . 9

1.6- 1 . 6

1.2- 1 . 0

-13.7- 4 . 610.0

-11.5-19.2

-3 .96.9

- 4 . 5

-64.8-38.3-16.8

2.99.4

-35.3-30.3

-108.6-139.8-108.8

-125.3-146.8-111.7

-98.3-77.5

-138.4-196.2-269.1-223.7

-156.9-136.3-127.8-130.9-126.2-115.8

-94.7-100.2

-131.9-122.7-119.9-179.3

-139.1-200.7-212.2-232.6

-264.2-272.2-289.5-250.6

-262.8-221.5-214.4

- 2 . 6

3.5- 2 . 6- 3 . 4

1.1- 2 . 6

1.3-1 .4

-12.7-4 .7

8.5

-13.3-21.7-17.3

-6 .6-11.6

-69.4-52.9-42.4-28.1-15.7

-60.1-58.8

-135.5-180.1-166.9

-181.4-201.0-151.8-136.6-122.3

-163.5-203.4-276.3-225.8

-183.4-184.6-186.8-187.2-177.5-152.7-134.9-141.5

-166.4-152.0-144.6-191.0

-145.2-206.2-217.7-244.7

-270.2-279.9-290.7-264.2

-263.5-222.6-212.7

- 0 . 5

.0- . 4

.5

.41.0

.0

.5- 1 . 1

.11.5

1.82.5

13.413.47.1

4.614.625.631.125.1

24.828.526.940.358.1

56.154.340.138.444.8

25.17.37.22.1

26.548.359.056.351.237.040.241.3

34.529.324.711.7

6.15.55.5

12.1

6.17.81.2

13.5

1.1-1 .7

77.6

82.082.291.898.4

109.3

124.2134.3131.6141.7157.0

155.2176.8202.7251.8250.9

247.4295.2349.1423.3482.2

479.1567.5500.9511.7624.9

596.5575.9594.2675.6742.9

730.4743.3741.4

448.4556.3616.5597.8548.1643.0694.7741.3

748.6764.0720.4688.7

780.5738.7721.8732.3

733.0739.1742.7750.9

796.5778.7787.6

78.8

78.777.987.993.4

101.7

118.0130.4128.0139.9155.2

150.3175.5205.6243.1245.8

226.0286.4358.3434.0480.2

467.6558.0503.4546.7718.9

714.5717.6749.3793.6832.3

808.9736.9796.5892.0

464.2614.8722.8737.0697.1800.2814.8825.2

828.9837.8812.5756.4

729.1721.5744.5752.4

750.8799.7802.2833.3

874.1874.1884.0935.8

- 1 . 2

3.24.33.95.07.5

6.23.93.51.71.8

4.91.3

- 2 . 98.75.1

21.48.8

- 9 . 2-10.7

2.0

11.59.5

- 2 . 5-35.0-94.0

-118.1-141.7-155.1-118.0-89.3

-78 .56.4

-55.1

-15.8-58 .5

-106.3-139.1-149.0-157.1-120.1-84.0

-80.3-73.8-92 .1-67.7

51.417.2

-22.8-20.2

-17.7-60.6-59.4-82.4

-77.6-95.4-96.4

- 1 . 8

- 3 . 1- 2 . 2- 1 . 0- 2 . 0

- . 7

- . 72.8

.8- . 1

- 2 . 6

.03.11.1

- . 51.4

6.010.410.97.6

13.8

13.610.9

- 7 . 410.2

- 9 . 0

-13.91.2

-24.8-28.4

1.1

7.89.6

23.6

-10.113.8

-20 .5-5 .9- 2 . 0

-24.9-25.412.8

13.1- 1 . 814.94.9

.24.5

27.36.2

23.123.615.732.1

34.412.013.3

1 Undistributed corporate profits with inventory valuation and capital consumption adjustments, corporate and noncorporateconsumption of fixed capital, and private wage accruals less disbursements.

2 Consists mainly of allocations of special drawing rights (SDRs).3 Net exports of goods and services plus net receipts of factor income from rest of the world less net transfers plus net capital

grants received by the United States. See also Table B-21.4 Consists of a U.S. payment to India under the Agricultural Trade Development and Assistance Act. This payment is included in

capital grants received by the United States, net.



TABLE B-30.—Personal saving, flow of funds accounts, 1946-93


Year orquarter

1946194719481949

19501951..19521953195419551956195719581959

1960196119621963196419651966196719681969

1970197119721973197419751976197719781979

1980198119821983198419851986198719881989

199019911992

1991:1II....III...IV...

1992:1II....III...IV...

1993:1II....III...

Per-sonalsaving

17.219.024.921.2

31.135.738.736.227.636.038.938.537.036.0

38.538.344.849.361.568.583 084.682.782.6

92.1104.4121.9158.3121.6150.2171.1197.4206.2220.3

217.6248.0257.1314.8363.5390.3463.7363.8361.3449.6

435.3384.4441.4

484.4298.1410.4344.6

432.8419.0412.0501.9

276.3544.3390.7

Total

19.412.38.78.6

14.919.230.124.620.828.132.029.632.534.8

34.236.040.545.957.157.364 072.469.070.6

79.9107.6134.9147.5152.5177.2211.4255.7286.5329.1

328.6324.8379.9496.9532.8625.1586.1502.4489.9556.2

483.3452.0499.4

543.0424.4415.9424.8

485.1446.3524.7541.7

249.1562.8563.4

Check-able

depos-its andcurren-

cy

56.0

- 2 . 9- 2 . 0

2.74.61.6

.92.11.21.9

_ ^371.1

.9- 1 0- 1 . 2

4.26.16.724

10.39.5

- 1 . 3

7.413.513.213.16.36.2

15.619.821.535.8

9.236.224.622.54.7

28.697.5

- 1 . 927.7_ 5

12.351.8

140.2

37.339.5

114.715.7

118.774.7

211.8155.5

6.0119.8123.7

Timeand

savingsdepos-

its

633.52.32.62.44.87.48.29.18.59.3

11.813.810.5

12.018125.825.925.927.518 834.930.38.6

42.565 872.662.855.379.6

104.2106.3103.275.7

120.867.5

113.5196.8225.3116.690.392.8

134.878.2

34.0-103.9-123.5

-44.2-61 .6

-170.3-139.4

-72.6-160.4-142.8-118.0

-214.0-36.4

-132.6

Increase infinancial assets

Moneymarketfund

shares

2.41.3

.0- .45.7

30.0

23.787.031.8

-30 .143.83.7

38.224.320.285.1

44.724.5

- 3 . 8

108.6- 7 . 2

-17.814.6

34.618.6

-28 .4-40.0

-49.760.747.1

Securities

Govern-ment

securi-ties2

- 1 5.5

1.0.5.9

- .77.43.7

.16.44.53.7

- 2 . 78.22.0

81.0

- 1 . 13.73.8

13 6- 2 . 6

1.228.5

- 7 . 5-12.7

- 2 . 114.517.012.72.57.9

27.560.6

29.437.425.474.9

100.377.8

-55.2112.2157.7101.2

135.1-45.6

9.4-55.2110.5

-62.9-174.9

116.274.4

-88 .1-64.8

23.1-70 .5

-119.7

Corpo-rateequi-ties3

121.21.0

.8

.71.91.51.1

.8122.11.61.9

.7

.311

- 1 . 4- 1 . 1

.0- 1 . 5

0- 3 . 0- 6 . 0

-11 .1

.2- 1 1 2- 1 3 5-12.2

1.42.41.1

- 6 . 0-10.2-20 .3

.7-38.9-16.9

4.5-44.7-37.6

22.5-27 .5-87 .1-94 .5

21.381.9

189.1

131.55.6

69.5121.0

132.4171.2256.3196.6

172.0248.3351.4

Othersecuri-ties4

- 0 8- .8

.2- .3- .9

7- .1

.3- 1 . 4

41.21.4

.9

.23.4

0.2

1.21.2

- .1496.47.2

10.8

5.937

- 2 . 87.4

17.8-4 .6

.516.56.01.8

-10.5-8 .6- 7 . 921.7

- 9 . 353.133.531.45.5

-24 .5

26.25.3

34.5

56.4- 7 . 8

-63.035.7

-13.19.7

16.0125.5

-155.8-87.7-39 .5

Insur-anceand

pensionre-

serves 5

515.45.35.66.16.38.58.08.0879.79.7

10.712.2

11.912 513.514.517.117.820 219.621.123.3

25.830 350.441.844.671.560.380.394.3

103.5

126.9126.7178.1176.2162.4281.9292.0220.9165.4338.4

183.8384.5243.2

433.7195.5470.0438.8

162.8217.1305.8287.2

392.1240.8312.5

Otherfinan-cialas-

sets6

362.52.01.43.01.63.82.42.01.73.41.94.31.93.7442.52.13.23.2416.85.7

11.8

5.518.317.020.17.78.0

27.231.338.542.0

28.517.531.330.550.4

101.067.350.265.672.8

26.053.410.3

-125.2149.975.6

113.3

6.241.0

- 6 . 0_ 3

75.487.820.6

Net investment intangible assets7

Owner-occu-pied

homes

586.89.38.5

11.911.911.612.613.017 116.013.612.319.2

17.216 318.220.522.121.619 018.519.919.9

17.727 836.740.230.428.244.865.978.575.2

51.350.530.071.393.693.6

119.4123.3126.5114.4

98 575.794.0

68.270.678.985.0

86.796.572.0

120.9

106.1103.1105.5

Con-sumerdura-bles

1.59.4

10.210.9

14.911.48.7

10.37.0

12.78.87.93.77.77.2458.6

11.915.120.223 221.326.926.2

19.625 434.340.629.127.441.551.556.850.4

26.327.322.450.681.895.8

111.4102.9112.6109.0

90.053.167.7

48.249.860.054.5

60.359.561.689.2

78.895.094.1

Non-cor-

poratebusi-nessas-

sets8

0.11.57.02.27.44.62.82.31.82.2

.71.84.2

.92.2294.34.74.48.4797.3

10.211.7

10.115118.123.211.66.14.0

16.323.132.0

14.227.510.1

-11.824.326.816.012.37.4

18.4

4.6-23.5-21 .1

-18.0-17 .1-24.8-34.2

-13.6- 8 . 7

-41.6-20.2

- 9 . 2—7 7

-17 .1

Less-. Net increase in

Mort-gagedebton

non-farm

homes

4.14.94.84.27.06.46.47.49.0

12.210.88.69.5

12.9

11.012.213.816.216.816.812 713.116.717.4

13.026.339.343.634.239.362.093.0

109.9116.2

94.169.656.1

117.1135.6171.7203.4240.9219.0211.8

176.7165.5175.5

166.7159.8159.7176.0

216.0111.1202.8172.2

127.8175.6229.1

debt

Con-sumercredit

2.93.53.13.16.01.45.24.11.37.03.62.6

.37.74.02.25.98.59.5

10.1595.1

10.89.94.6

14.019.022.79.48.0

22.936.745.138.3

4.816.916.448.981.782.357.532.950.149.5

13.4-13.1

9.3-16 .1- 5 . 1

-20.4-10.7

- 9 . 8-14.7

13.548.2

19.222.960.8

Otherdebt 8 9

2.52.62.61.75.13.62.92.04.74.94.33.26.06.07.27.07.29.1

10.912.112 516.615.718.6

17.631.243.826.958.441.445.762.283.7

111.8

103.995.7

112.7126.3151.8197.2108.1103.4106.187.1

51.120.513.8

6.574.8

-19.620.2

-20.678.3

-11.69.31.5

10.365.2

1 Saving by households, nonprofit institutions, farms, and other noncorporate business.2 Consists of U.S. savings bonds, other U.S. Treasury securities, U.S. Government agency securities and government sponsoredenterprise securities, federally-related mortgage pool securities, and State and local obligations.

3 Includes mutual fund shares.5 Private life insurance reserves, private insured and noninsured pension reserves, and government insurance and pension reserves.6 Consists of security credit, mortgages, accident and health insurance reserves, nonlife insurance claims, and investment in bank

personal trusts for households; and of consumer credit, equity in government-sponsored enterprises, and nonlife insurance claims fornoncorporate business.

7 Purchases of physical assets less depreciation.8 Includes data for corporate farms.9 Other debt consists of security credit, U.S. Government and policy loans, and noncorporate business debt.Source: Board of Governors of the Federal Reserve System.


TABLE B-31.—Median money income (in 1992 dollars) and poverty status of families and persons, by race,

selected years, 1971-92

Year

Families1

Num-ber

(mil-lions)

Medianmoneyincome

(in1992dol-

lars) 2

Below poverty level

Total

Num-ber

(mil-lions)

Per-cent

Femalehouseholder

Num-ber

(mil-lions)

Per-cent

Personsbelow

poverty level

Num-ber

(mil-lions)

Per-cent

Median money income (in 1992 dollars)of persons 15 years old and over with

income 2 3

Males

Allpersons

Year-round

full-timeworkers

Females

Allpersons

Year-round

full-timeworkers

ALL RACES

197119731975 4

197719781979 5

198C198119821983 4

1984198519861987 4

19881989199019911992WHITE

197119731975 4

197719781979 5

1980198119821983 4

1984198519861987 4

19881989199019911992BLACK197119731975 4

197719781979 5

1980198119821983 4

1984198519861987 4

19881989199019911992

53.355.156.257.257.859.660.361.061.462.062.763.664.565.265.866.166.367.268.1

47.648.949.950.550.952.252.753.353.453.954.455.055.756.156.556.656.857.257.9

5.25.45.65.85.96.26.36.46.56.76.86.97.17.27.47.57.57.77.9

$33,48035,82134,24935,53936,66537,13635,83934,86234,39034,75735,69336,16437,70938,24938,17738,71037,95037,02136,812

34,74037,43835,61937,16238,17838,75137,34136,62036,10736,39537,38538,01139,43939,99740,22240,70439,62638,92038,909

-20,96421,60721,91621,22922,61221,94421,60620,65719,95620,51120,83721,88722,53522,73222,92422,86622,99722,19721,161

5.34.85.55.35.35.56.26.97.57.67.37.27.07.06.96.87.17.78.0

3.83.23.83.53.53.64.24.75.15.24.95.04.84.64.54.44.65.05.2

10.08.89.79.39.19.2

10.311.212.212.311.611.410.910.710.410.310.711.511.7

7.96.67.77.06.96.98.08.89.69.79.19.18.68.17.97.88.18.88.9

28.828.127.128.227.527.828.930.833.032.330.928.728.029.428.227.829.330.430.9

2.12.22.42.62.72.63.03.33.43.63.53.53.63.73.63.53.84.24.2

1.21.21.41.41.31.41.61.81.81.91.92.02.02.01.91.92.02.22.2

.91.01.01.21.21.21.31.41.51.51.51.51.51.61.61.51.61.81.8

33.932.232.531.731.430.432.734.636.336.034.534.034.634.233.432.233.435.634.9

26.524.525.924.023.522.325.727.427.928.327.127.428.226.926.525.426.828.428.1

53.552.750.151.050.649.449.452.956.253.751.750.550.151.149.046.548.151.249.8

25.623.025.924.724.526.129.331.834.435.333.733.132.432.231.731.533.635.736.9

17.815.117.816.416.317.219.721.623.524.023.022.922.221.220.720.822.323.724.5

7.47.47.57.77.68.18.69.29.79.99.58.99.09.59.49.39.8

10.210.6

12.511.112.311.611.411.713.014.015.015.214.414.013.613.413.012.813.514.214.5

9.98.49.78.98.79.0

10.211.112.012.111.511.411.010.410.110.010.711.311.6

32.531.431.331.330.631.032.534.235.635.733.831.331.132.431.330.731.932.733.3

$22,47123,94622,10122,47222,72922,33221,36020,98020,47320,65221,06521,26821,90821,96622,42422,50821,78421,08520,654

23,55825,12623,21723,53823,80523,33022,72122,26121,64421,72722,23622,31123,11923,34823,67123,60522,72522,03921,645

14,05015,19813,88013,96814,26114,44113,65313,23712,97012,70612,75814,04013,85313,85114,28414,26613,81313,35212,754

$31,35134,08832,28933,45433,38533,13932,68532,22131,78031,70632,41332,59633,14732,95232,42732,15531,10831,24431,012

32,23335,07533,03534,13834,00534,09733,61732,97832,62732,55933,52333,50134,07333,72033,51833,57232,29031,88531,737

22,04123,64024,58523,53626,04424,57323,65323,33223,17323,11622,87923,43224,02324,11024,56923,42623,05923,30922,942

$7,8398,3118,4508,7498,4558,2518,3878,4998,6409,0229,2749,4109,742

10,24510,53610,88910,81010,79110,774

7,9698,3918,5388,8828,5578,3298,4338,5948,7579,1809,3839,5939,934

10,50610,79611,10211,07511,04411,036

6,9827,5747,7567,6707,7057,5807,8087,6357,7247,8458,3238,1858,4058,5828,7168,9108,9409,0818,857

$18,55819,28519,27019,56720,03919,96619,76019,39820,05120,39620,82521,19121,56121,69221,99422,21922,10321,88522,167

18,77319,61219,31519,69120,22820,14119,95119,72120,32120,67521,03121,49121,89122,09422,32322,48322,37022,20422,423

16,57616,63118,45418,40318,74818,45518,60717,81118,16318,31218,95319,02419,15619,73320,00420,22019,90619,71020,299

!The term "family" refers to a group of two or more persons related by birth, marriage, or adoption and residing together; all suchpersons are considered members of the same family. Beginning 1979, based on householder concept and restricted to primary families.

2 Current dollar median money income deflated by CPI-U-X1.3 Prior to 1979, data are for persons 14 years and over.4 Based on revised methodology; comparable with succeeding years.5 Based on 1980 census population controls; comparable with succeeding years.

Note.—Poverty rates (percent of persons below poverty level) for all races for years not shown above are: 1959, 22.4; 1960, 22.2;1961, 21.9; 1962, 21.0; 1963, 19.5; 1964, 19.0; 1965, 17.3; 1966, 14.7; 1967, 14.2; 1968, 12.8; 1969, 12.1; 1970, 12.6; 1972, 11.9;1974, 11.2; and 1976, 11.8.

Poverty thresholds are updated each year to reflect changes in the consumer price index (CPI-U).For details see "Current Population Reports," Series P-60, Nos. 184 and 185.

Source: Department of Commerce, Bureau of the Census.


POPULATION, EMPLOYMENT, WAGES, AND PRODUCTIVITY

TABLE B-32.—Population by age group, 7929-93

(Thousands of persons]

July 1 TotalAge (years)

Under 5 5-15 16-19 20-24 25-44 45-64 65 andover

1929

1933

1939

19401941194219431944

19451946194719481949

19501951195219531954

1955195619571958.,1959

19601961196219631964

19651966196719681969

19701971197219731974

19751976197719781979

19801981198219831984

19851986198719881989 ,

1990199119921993

121,767

125,579

130,880

132,122133,402134,860136,739138,397

139,928141,389144,126146,631149,188

152,271154,878157,553160,184163,026

165,931168,903171,984174,882177,830

180,671183,691186,538189,242191,889

194,303196,560198,712200,706202,677

205,052207,661209,896211,909213,854

215,973218,035220,239222,585225,055

227,726229,966232,188234,307236,348

238,466240,651242,804245,021247,342

249,900252,671255,462258,233

11,734

10.612

10,418

10,57910,85011,30112,01612,524

12,97913,24414,40614,91915,607

16,41017,33317,31217,63818,057

18,56619,00319,49419,88720,175

20,34120,52220,46920,34220,165

19,82419,20818,56317,91317,376

17,16617,24417,10116,85116,487

16,12115,61715,56415,73516,063

16,45116,89317,22817,54717,695

17,84217,96318,05218,19518,508

18,85019,20419,512

26,800

26,897

25,179

24,81124,51624,23124,09323,949

23,90724,10324,46825,20925,852

26,72127,27928,89430,22731,480

32,68233,99435,27236,44537,368

38,49439,76541,20541,62642,297

42,93843,70244,24444,62244,840

44,81644,59144,20343,58242,989

42,50842,09941,29840,42839,552

38,83838,14437,78437,52637,461

37,45037,40437,33337,59337,972

38,59039,20139,898

9,127

9,302

9.822

9,8959,8409,7309,6079,561

9,3619,1199,0978,9528,788

8,5428,4468,4148,4608,637

8,7448,9169,1959,54310,215

10,68311,02511,18012,00712,736

13,51614,31114,20014,45214,800

15,28915,68816,03916,44616,769

17,01717,19417,27617,28817,242

17,16716,81216,33215,82315,295

15,00515,02415,21515,19814,913

14,44413,90313,644

10,694

11,152

11,519

11,69011,80711,95512.06412,062

12,03612,00411,81411,79411,700

11,68011,55211,35011,06210,832

10,71410,61610,60310,75610,969

11,13411,48311,95912,71413,269

13,74614,05015,24815,78616,480

17,20218,15918,15318,52118,975

19,52719,98620,49920,94621,297

21,59021,86921,90221,84421,737

21,47820,94220,38519,84619,442

19,30219,35219,176

35,862

37,319

39,354

39,86840,38340,86141,42042,016

42,52143,02743,65744,28844,916

45,67246,10346,49546,78647,001

47,19447,37947,44047,33747,192

47,14047,08447,01346,99446,958

46,91247,00147,19447,72148,064

48,47348,93650,48251,74953,051

54,30255,85257,56159,40061,379

63,47065,52867,69269,73371,735

73,67375,65177,33878,59579,943

81,20082,48882,594

21,076

22,933

25,823

26,24926,71827,19627,67128,138

28,63029,06429,49829,93130,405

30,84931,36231,88432,39432,942

33,50634,05734,59135,10935,663

36,20336,72237,25537,78238,338

38,91639,53440,19340,84641,437

41,99942,48242,89843,23543,522

43,80144,00844,15044,28644,390

44,50444,50044,46244,47444,547

44,60244,66044,85445,47145,882

46,28746,75948,352

6,474

7,363

8,764

9,0319,2889,5849,86710,147

10,49410,82811,18511,53811,921

12,39712,80313,20313,61714,076

14,52514,93815,38815,80616,248

16,67517,08917,45717,77818,127

18,45118,75519,07119,36519,680

20,10720,56121,02021,52522,061

22,69623,27823,89224,50225,134

25,70726,22126,78727,36127,878

28,41629,00829,62630,12430,682

31,22831,76432,285

Note.—Includes Armed Forces overseas beginning 1940. Includes Alaska and Hawaii beginning 1950.All estimates are consistent with decennial census enumerations.



TABLE B-33.—Population and the labor force, 1929-93

[Monthly data seasonally adjusted, except as noted]

Year or month

Civiliannoninsti-tutionalpopula-t ion1

Resi-dent

ArmedForcesl

Laborforce

includ-ing

residentArmedForces

Employ-ment

includ-ing

residentArmedForces

Civilian labor force

Total

Employment

Total cul-tural

Non-agri-

cultural

Un-em-ploy-ment

Unemploy-ment rate

Allwork-ers2

Civil-ian

work-ers3

Civil-ian

laborforcepar-tici-

pationrate4

Civil-ianem-ploy-

ment/pop-ula-tion

ratio5

Thousands of persons 14 years of age and over Percent

192919331939

19401941194219431944

194519461947

99,84099,90098,64094,64093,220

94,090103,070106,018

49,18051,59055,230

55,64055,91056,41055,54054,630

53,86057,52060,168

47,63038,76045,750

47,52050,35053,75054,47053,960

52,82055,25057,812

10,45010,0909,610

9,5409,1009,2509,0808,950

8,5808,3208,256

37,18028,67036,140

37,98041,25044,50045,39045,010

44,24046,93049,557

Thousands of persons 16 years of age and over

194719481949

19501951195219536

195419551956195719581959

I9606

196119626

1963196419651966196719681969

1970197119726

19736

197419751976197719786

1979

1980198119821983198419851986 6

198719881989

1990199119921993

101,827103,068103,994

104,995104,621105,231107,056108,321109,683110,954112,265113,727115,329

117,245118,771120,153122,416124,485126,513128,058129,874132,028134,335

137,085140,216144,126147,096150,120153,153156,150159,033161,910164,863

167,745170,130172,271174,215176,383178,206180,587182,753184,613186,393

188,049189,765191,576193,550

1,55012,8309,480

8,1205,5602,6601,070670

1,0402,2702,356

1,1692,1432,3862,2312,1422,0641,9651,9481,8471,788

1,8611,9002,0612,0062,0181,9462,1222,2182,2532,2382,1181,9731,8131,7741,7211,6781,6681,6561,6311,5971,6041,6451,6681,6761,6971,7061,7061,7371,7091,6881,6371,5641,5661,485

63,37764,16064,52465,24665,78567,08768,51768,87769,48670,157

71,48972,35972,67573,83975,10976,40177,89279,56580,99082,97284,88986,35588,84791,20393,67095,45397,826100,665103,882106,559108,544110,315111,872113,226115,241117,167119,540121,602123,378125,557126,424126,867128,548129,525

60,08762,10462,63663,41062,25164,23465,76466,01964,88366,418

67,63967,64668,76369,76871,32373,03475,01776,59078,17380,14080,79681,34083,96686,83888,51587,52490,42093,67397,679100,421100,907102,042101,194102,510106,702108,856111,303114,177116,677119,030119,550118,440119,164120,791

59,35060,62161,286

62,20862,01762,13863,01563,64365,02366,55266,92967,63968,369

69,62870,45970,61471,83373,09174,45575,77077,34778,73780,73482,77184,38287,03489,42991,94993,77596,15899,009102,251104,962106,940108,670110,204111,550113,544115,461117,834119,865121,669123,869124,787125,303126,982128,040

57,03858,34357,651

58,91859,96160,25061,17960,10962,17063,79964,07163,03664,630

65,77865,74666,70267,76269,30571,08872,89574,37275,92077,90278,67879,36782,15385,06486,79485,84688,75292,01796,04898,82499,303100,39799,526100,834105,005107,150109,597112,440114,968117,342117,914116,877117,598119,306

7,8907,6297,658

7,1606,7266,5006,2606,2056,4506,2835,9475,5865,565

5,4585,2004,9444,6874,5234,3613,9793,8443,8173,6063,4633,3943,4843,4703,5153,4083,3313,2833,3873,3473,3643,3683,4013,3833,3213,1793,1633,2083,1693,1993,1863,2333,2073,074

49,14850J1449,993

51,75853,23553,74954,91953,90455,72257,51458,12357,45059,065

60,31860,54661,75963,07664,78266,72668,91570,52772,10374,29675,21575,97278,66981,59483,27982,43885,42188,73492,66195,47795,93897,03096,12597,450101,685103,971106,434109,232111,800114,142114,728113,644114,391116,232

2,3112,2763,637

3,2882,0551,8831,8343,5322,8522,7502,8594,6023,740

3,8524,7143,9114,0703,7863,3662,8752,9752,8172,832

4,0935,0164,8824,3655,1567,9297,4066,9916,2026,137

7,6378,27310,67810,7178,5398,3128,2377,4256,7016,528

6,8748,4269,3848,734

5.23.22.92.85.44.34.04.26.65.3

5.46.55.45.55.04.43.73.73.53.4

4.85.85.54.85.58.37.66.96.05.8

7.07.59.59.57.47.16.96.15.45.2

5.46.67.36.7

3.224.917.2

14.69.94.71.91.2

1.93.93.9

3.93.85.9

5.33.33.02.95.54.44.14.36.85.5

5.56.75.55.75.24.53.83.83.63.5

4.95.95.64.95.68.57.77.16.15.8

7.17.69.79.67.57.27.06.25.55.3

5.56.77.46.8

55.756.057.258.758.6

57.255.856.8

58.358.858.9

59.259.259.058.958.859.360.059.659.559.3

59.459.358.858.758.758.959.259.659.660.1

60.460.260.460.861.361.261.662.363.263.7

63.863.964.064.064.464.865.365.665.966.5

66.466.066.366.2

47.650.454.557.657.9

56.153.654.5

56.056.655.4

56.157.357.357.155.556.757.557.155.456.0

56.155.455.555.455.756.256.957.357.558.0

57.456.657.057.857.856.156.857.959.359.9

59.259.057.857.959.560.160.761.562.363.0

62.761.661.461.6

1 Not seasonally adjusted.2 Unemployed as percent of labor force including resident Armed Forces.3 Unemployed as percent of civilian labor force.4 Civilian labor force as percent of civilian noninstitutional population.5 Civilian employment as percent of civilian noninstitutional population.See next page for continuation of table.


TABLE B-33.—Population and the labor force, 1929-93—Continued


Year or month

Civiliannoninsti-tutionalpopula-tion1

Resi-dent

ArmedForcesl

Laborforce

includ-ing

ArmedForces

Employ-ment

includingresidentArmedForces

Civilian labor force

Total

Employment

TotalAgri-cul-tural

Non-agri-

cultural

Un-em-ploy-ment

Unemploy-ment rate

Allwork-ers2

Civil-ian

work-ers3

Civil-ian

laborforce

85:pationrate4

Civil-ianem-ploy-ment/pop-ula-tion

ratio5

Thousands of persons 16 years of age and over Percent

1990: Jan...Feb...Mar..Apr...May..June.

July..Aug..Sept.Oct...Nov..Dec.





1993: Jan...Feb...Mar..Apr...May..June

July.Aug.SeptOct..Nov.D e c

187,293187,412187,529187,669187,828187,977

188,136188,261188,401188,525188,697188,866

188,977189,115189,243189,380189,522189,668

189,839189,973190,122190,289190,452190,605

190,759190,884191,022191,168191,307191,455

191,622191,790191,947192,131192,316192,509

192,644192,786192,959193,126193,283193,456

193,633193,793193,971194,151194,321194,472

1,6971,6781,6691,6571,6391,630

1,6271,6401,6011,5701,6151,617

1,6151,6021,4601,4561,4581,505

1,6041,6161,6241,6141,6051,604

1,5991,5851,5851,5771,5741,570

1,5681,5661,5661,5521,5311,517

1,5151,5121,4971,4921,4841,477

1,4711,4821,4821,4751,4701,461

126,298126,299126,432126,470126,554126,282\

126,284126,457126,504126,480126,477126,766

126,402126,629126,716127,177126,643126,872

126,706126,565127,231127,192127,124127,245

127,748127,794128,130128,494128,610128,839

128,926128,905128,872128,485128,818128,986

128,739128,912128,937129,031129,559129,533

129,573129,816129,590130,055130,132130,359

119,687119,714119,942119,762119.955119,868

119,576119,446119,389119,288118,974119,033

118,582118.471118,251118,867118,104118,383

118,342118,121118,766118,611118,453118,240

118,729118,504118,840119,247119,108119,068

119,331119,315119,338119,275119,505119.672

119,693119,954120,059120,077120,664120.664

120,841121.174121,050121.416121,802122,122

124,601124,621124,763124,813124,915124,652

124,657124,817124,903124,910124,862125,149

124,787125,027125,256125,721125,185125,367

125,102124,949125,607125,578125,519125.641

126,149126,209126,545126,917127,036127,269

127,358127.339127,306126,933127,287127,469

127,224127,400127,440127,539128,075128.056

128,102128,334128,108128,580128.662128,898

117,990118,036118,273118,105118,316118,238

117,949117,806117,788117,718117,359117,416

116,967116,869116,791117,411116,646116,878

116,738116,505117,142116,997116,848116,636

117,130116,919117,255117,670117,534117,498

117,763117,749117,772117,723117,974118,155

118,178118,442118,562118,585119,180119,187

119,370119,692119,568119,941120.332120,661

3,1563,1233,2233,1673,2893,257

3,1083,1493,1703,2013,1493,252

3,1733,2283,1313,1893,2693,281

3,2583,2733.2753,2313,2553,141

3,1363,2183,2083,2203,1923,248

3,2173,2373,2113,1883,1703.222

3,1823,1163,0993,0713,0743,031

3,0433,0053.0933,0213,1143.0%

114,834114,913115,050114,938115,027114,981

114,841114,657114,618114,517114,210114,164

113,794113,641113,660114.222113,377113,597

113,480113,232113,867113,766113,593113.495

113,994113,701114,047114,450114,342114,250

114,546114,512114,561114,535114,804114,933

114,996115,326115,463115,514116,106116,156

116,327116,687116,475116,920117,218117,565

6,6116,5856,4906,7086,5996,414

6,7087,0117,1157,1927,5037,733

7,8208,1588,4658,3108,5398,489

8,3648,4448,4658,5818,6719,005

9,0199,2909,2909,2479,5029,771

9,5959,5909,5349.2109,3139,314

9,0468,9588,8788,9548,8958,869

8,7328,6428,5408,6398,3308.237

5.25.25.15.35.25.1

5.35.55.65.75.96.1

6.26.46.76.56.76.7

6.66.76.76.76.87.1

7.17.37.37.27.47.6

7.47.47.47.27.27.2

7.06.96.96.96.96.8

6.76.76.66.66.46.3

5.35.35.25.45.35.1

5.45.65.75.86.06.2

6.36.56.86.66.86.8

6.76.86.76.86.97.2

7.17.47.37.37.57.7

7.57.57.57.37.37.3

7.17.07.07.06.96.96.86.76.76.76.56.4

66.566.566.566.566.566.3

66.366.366.366.366.266.3

66.066.166.266.466.166.1

65.965.866.166.065.965.9

66.166.166.266.466.466.5

66.566.466.366.166.266.2

66.066.166.066.066.366.2

66.266.266.066.266.266.3

63.063.063.162.963.062.9

62.762.662.562.462.262.2

61.961.861.762.061.561.6

61.561.361.661.561.461.2

61.461.361.461.661.461.4

61.561.461.461.361.361.4

61.361.461.461.461.761.6

61.661.861.661.861.962.0

6 Not strictly comparable with earlier data due to population adjustments as follows: Beginning 1953, introduction of 1950 censusdata added about 600,000 to population and 350,000 to labor force, total employment, and agricultural employment. Beginning 1960,inclusion of Alaska and Hawaii added about 500,000 to population, 300,000 to labor force, and 240.000 to nonagricultural employment.Beginning 1962, introduction of 1960 census data reduced population by about 50.000 and labor force and employment by 200,000.Beginning 1972, introduction of 1970 census data added about 800,000 to civilian noninstitutional population and 333,000 to laborforce and employment. A subsequent adjustment based on 1970 census in March 1973 added 60,000 to labor force and to employment.Beginning 1978, changes in sampling and estimation procedures introduced into the household survey added about 250,000 to laborforce and to employment. Unemployment levels and rates were not significantly affected. Beginning 1986, the introduction of revisedpopulation controls added about 400,000 to the civilian population and labor force and 350,000 to civilian employment. Unemploymentlevels and rates were not significantly affected.

Note.—Labor force data in Tables B-33 through B-42 are based on household interviews and relate to the calendar week includingthe 12th of the month. For definitions of terms, area samples used, historical comparability of the data, comparability with other series,etc., see "Employment and Earnings."

Source: Department of Labor, Bureau of Labor Statistics.


TABLE B-34.—Civilian employment and unemployment by sex and age. 1947-93

[Thousands ot persons 16 years of age and over; monthly data seasonally adjusted]

Year or month

Civilian employment

Total

Males

Total 16-19years

20yearsandover

Females

Total 16-19years

20yearsandover

Unemployment

Total

Males

Total 16-19years

20yearsandover

Females

Total 16-19years

20yearsandover

194719481949195019511952195319541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931992. Jan..

Feb...Mar..Apr...May..June.July..Aug..Sept.Oct...Nov..Dec.

1993: Jan..Feb...Mar.Apr..May.JuneJuly.Aug.SeptOct..Nov.Dec.

57,03858,34357,65158,91859,96160,25061,17960,10962,17063,79964,07163,03664,63065,77865,74666,70267,76269,30571,08872,89574,37275,92077,90278,67879,36782,15385,06486,79485,84688,75292,01796,04898,82499,303100,39799,526100,834105,005107,150109,597112,440114,968117,342117,914116,877117,598119,306117,130116,919117,255117,670117,534117,498117,763117,749117,772117,723117,974118,155118,178118,442118,562118,585119,180119,187119,370119,692119,568119,941120,332120,661

40,99541,72540,92541,57841,78041,68242,43041,61942,62143,37943,35742,42343,46643,90443,65644,17744,65745,47446,34046,91947,47948,11448,81848,99049,39050,89652,34953,02451,85753,13854,72856,47957,607

57,18657,39756,27156,78759,09159,89160,89262,10763,27364,31564,43563,59363,80564,70063,49963,31963,55363,85363,82163,73263,83063,86963,98063,92064,02864,17864,23764,32964,35564,41664,68764,64264,72864,90464,75664,97165,14465,259

2,2182,3442,1242,1862,1562,1072,1361,9852,0952,1642,1152,0122,1982,3612,3152,3622,4062,5872,9183,2533,1863,2553,4303,4093,4783,7654,0394,1033,8393,9474,1744,3364,3004,0853,8153,3793,3003,3223,3283,3233,3813,4923,4773,2372,8792,7862,8362,8502,7402,6932,7632,7462,7232,7472,7652,8392,8492,8282,8642,8192,8522,8572,8022,8382,8372,8592,8982,8552,7992,8292,815

38,77639,38238,80339,39439,62639,57840,29639,63440,52641,21641,23940,41141,26741,54341,34241,81542,25142,88643,42243,66844,29444,85945,38845,58145,91247,13048,31048,92248,01849,19050,55552,14353,308

53,10153,58252,89153,48755,76956,56257,56958,72659,78160,83761,19860,71461,01961,86560,64960,57960,86061,09061,07561,00961,08361,10461,14161,07161,20061,31461,41861,47761,49861,61461,84961,80561,86962,00661,90162,17262,31562,444

16,04516,61716,72317,34018,18118,56818,74918,49019,55120,41920,71420,61321,16421,87422,09022,52523,10523,83124,74825,97626,89327,80729,08429,68829,97631,25732,71533,76933,98935,61537,28939,56941,217

42,11743,00043,25644,04745,91547,25948,70650,33451,69653,02753,47953,28453,79354,60653,63153,60053,70253,81753,71353,76653,93353,88053,79253,80353,94653,97753,94154,11354,20754,16954,49354,54554,64254,78854,81254,97055,18855,402

1,6911,6821,5881,5171,6111,6121,5841,4901,5471,6541,6631,5701,6401,7681,7931,8331,8491,9292,1182,4682,4962,5262,6872,7352,7302,9803,2313,3453,2633,3893,5143,7343,7833,6253,4113,1703,0433,1223,1053,1493,2603,3133,2823,0242,7492,6132,6942,6772,6762,6242,6152,6242,5532,5652,6422,6012,5832,5792,6192,6332,6342,5912,6362,7162,6702,7412,7042,7402,7272,7652,771

14,35414,93615,13715,82416,57016,95817,16417,00018,00218,76719,05219,04319,52420,10520,29620,69321,25721,90322,63023,51024,39725,28126,39726,95227,24628,27629,48430,42430,72632,22633,77535,83637,434

38,49239,59040,08641,00442,79344,15445,55647,07448,38349,74550,45550,53551,18151,91250,95450,92451,07851,20251,08951,21351,36851,23851,19151,22051,36751,35851,30851,47951,61651,53351,77751,87551,90152,08452,07252,24352,42352,631

2,3112,2763,6373,2882,0551,8831,8343,5322,8522,7502,8594,6023,7403,8524,7143,9114,0703,7863,3662,8752,9752,8172,8324,0935,0164,8824,3655,1567,9297,4066,9916,2026,1377,6378,27310,67810,7178,5398,3128,2377,4256,7016,5286,8748,4269,3848,7349,0199,2909,2909,2479,5029,7719,5959,5909,5349,2109,3139,314

9,0468,9588,8788,9548,8958,8698,7328,6428,5408,6398,3308,237

1,6921,5592,5722,2391,2211,1851,2022,3441,8541,7111,8413,0982,4202,4862,9972,4232,4722,2051,9141,5511,5081,4191,4032,2382,7892,6592,2752,7144,4424,0363,6673,1423,1204,2674,5776,1796,2604,7444,5214,5304,1013,6553,5253,7994,8175,3804,9325,2115,3795,3465,2795,5265,6505,4425,4765,4435,3445,3305,2014,9775,0675,1475,0985,0165,0415,0024,9434,8244,8494,5864,554

270256353318191205184310274269300416398426479408501487479432448426440599693711653757966939874813811913962

1,0901,003812806779732667658629709761728724771772703742865768776820683764753737742729810731759731728687715703677

1,4221,3052,2191,9221,029980

1,0192,0351,5801,4421,5412,6812,0222,0602,5182,0161,9711,7181,4351,1201,060993963

1,6382,0971,9481,6241,9573,4763,0982,7942,3282,3083,3533,6155,0895,2573,9323,7153,7513,3692,9872,8673,1704,1094,6194,2044,4874,6084,5744,5764,7844,7854,6744,7004,6234,6614,5664,4484,2404,3254,4184,2884,2854,2824,2714,2154,1374,1343,8833,877

619717

1,0651,049834698632

1,188998

1,0391,0181,5041,3201,3661,7171,4881,5981,5811,4521,3241,4681,3971,4291,8552,2272,2222,0892,4413,4863,3693,3243,0613,0183,3703,6964,4994,4573,7943,7913,7073,3243,0463,0033,0753,6094,0053,8013,8083,9113,9443,9683,9764,121

4,1534,1144,0913,8663,9834,1134,0693,8913,7313,8563,8793,8283,7303,6993,7163,7903,7443,683

144153223195145140123191176209197262256286349313383385395405391412413506568598583665802780789769743755800886825687661675616558536519581591568

561579575559594682630577614535615576594596588575640571531534537571546531

475564841854689559510997823832821

1,2421,0631,0801,3681,1751,2161,1951,056921

1,078985

1,0151,3491,6581,6251,5071,7772,6842,5882,5352,2922,2762,6152,8953,6133,6323,1073,1293,0322,7092,4872,4672,5553,0283,4133,2343,2473,3323,3693,4093,3823,4393,5233,5373,4773,3313,3683,5373,4753,2953,1433,2813,2393,2573,1993,1653,1793,2193,1983,152

Note.—See footnote 6 and Note, Table B-33.



T A B L E B-35.—Civilian employment by demographic characteristic, 1954-93

[Thousands of persons 16 years of age and over; monthly data seasonally adjusted]

Year ormonth

Allcivilianworkers

White

Total Males Fe-males

Bothsexes16-19

Black and other


Bothsexes16-19

Black


Bothsexes16-19

195419551956195719581959

1960196119621963196419651966196719681969

1970197119721973197419751976197719781979

1980198119821983198419851986198719881989

1990199119921993

1992: JanFeb....Mar....Apr....May...June...

July....Aug....Sept...Oct....Nov....Dec...

1993:JanFeb....Mar....Apr...May..June-July...Aug...Sept..Oct...Nov...Dec...

60,10962,17063,79964,07163,03664,630

65,77865,74666,70267,76269,30571,08872,89574,37275,92077,902

78,67879,36782,15385,06486,79485,84688,75292,01796,04898,824

99,303100,39799,526100,834105,005107,150109,597112,440114,968117,342

117,914116,877117,598119,306

117,130116,919117,255117,670117,534117,498

117,763117,749117,772117,723117,974118,155

118,178118,442118,562118,585119,180119,187

119,370119,692119,568119,941120,332120,661

53,95755,83357,26957,46556,61358,006

58,85058,91359,69860,62261,92263,44665,02166,36167,75069,518

70,21770,87873,37075,70877,18476,41178,85381,70084,93687,259

87,71588,70987,903

92,12093,73695,66097,78999,812101,584

102,087101,039101,479102,812

101,195101,051101,308101,599101,473101,277

101,568101,479101,497101,547101,793101,944

102,029102,076102,251102,190102,612102,721

102,835103,179103,094103,273103,662103,807

37,84638,71939,36839,34938,59139,494

39,75539,58840,01640,42841,11541,84442,33142,83343,41144,048

44,17844,59545,94447,08547,67446,69747,77549,15050,54451,452

51,12751,31550,28750,62152,46253,04653,78554,64755,55056,352

56,43255,55755,70956,397

55,48555,35755,50755,74555,70955,596

55,76855,74955,82955,82355,84656,052

56,08656,10056,17556,16656,30456,362

56,33656,52356,46756,62756,79956,794

16,11117,11417,90118,11618,02218,512

19,09519,32519,68220,19420,80721,60222,69023,52824,33925,470

26,03926,28327,42628,62329,51129,71431,07832,55034,39235,807

36,58737,39437,61538,27239,65940,69041,87643,14244,26245,232

45,65445,48245,77046,415

45,71045,69445,80145,85445,76445,681

45,80045,73045,66845,72445,94745,892

45,94345,97646,07646,02446,30846,359

46,49946,65646,62746,64646,86347,013

3,0783,2253,3893,3743,2163,475

3,7003,6933,7743,8514,0764,5625,1765,1145,1955,508

5,5715,6706,1736,6236,7966,4876,7247,0687,3677,356

7,0216,5885,9845,7995,8365,7685,7925,8986,0305,946

5,5184,9894,7614,887

4,8774,7824,6884,7684,7634,601

4,7004,7564,7954,7974,7644,827

4,8084,8244,8294,8264,8784,835

4,9024,9304,9394,9064,9914,970

6,1526,3416,5346,6046,4236,623

6,9286,8337,0037,1407,3837,6437,8778,0118,1698,384

8,4648,4888,7839,3569,6109,4359,89910,31711,11211,565

11,58811,68811,62411,94112,88513,41413,93714,65215,15615,757

15,82715,83816,11916,494

15,92815,94315,94516,02916,00216,179

16,16816,31516,30516,21016,18916,206

16,12616,43916,30616,35416,50716,408

16,45916,52216,51216,69716,70516,876

3,7733,9044,0134,0063,8333,971

4,1494,0684,1604,2294,3594,4964,5884,6464,7024,770

4,8134,7964,9525,2655,3525,1615,3635,5795,9366,156

6,0596,0835,9836,1666,6296,8457,1077,4597,7227,963

8,0038,0368,0968,303

8,0408,0368,0418,0768,0388,105

8,0768,1368,1578,1298,1898,118

8,1578,2848,1628,2108,3078,249

8,3678,3668,3028,3808,3638,476

2,3792,4372,5212,5982,5902,652

2,7792,7652,8432,9113,0243,1473,2893,3653,4673,614

3,6503,6923,8324,0924,2584,2754,5364,7395,1775,409

5,5295,6065,6415,7756,2566,5696,8307,1927,4347,795

7,8257,8028,0238,191

7,8887,9077,9047,9537,9648,074

8,0928,1798,1488,0818,0008,088

7,9698,1558,1448,1448,2008,159

8,0928,1568,2108,3178,3428,400

396418430407365362

430414420404440474545568584609

574538573647652615611619703727

689637565543607666681742774813

743639637642

665649609618597636

626685639640640648

635653593618675640

681652630616628

7,8028,1288,2037,8948,2278,5409,1029,359

9,3139,3559,1899,375

10,11910,50110,81411,30911,65811,953

11,96611,86311,93312,146

11,86611,79911,83611,85611,84511,982

11,97412,07912,04911,97611,95811,954

11,86412,15711,99111,96512,14012,076

12,13412,22512,20212,29212,29712,397

4,3684,5274,5274,2754,4044,5654,7964,923

4,7984,7944,6374,7535,1245,2705,4285,6615,8245,928

5,9155,8805,8465,957

5,8765,8125,8145,8235,8095,862

5,8265,8555,8705,8505,8975,849

5,8956,0095,8845,8465,9615,931

6,0086,0315,9605,9915,9516,013

3,4333,6013,6773,6183,8233,9754,3074,436

4,5154,5614,5524,6224,9955,2315,3865,6485,8346,025

6,0515,9836,0876,189

5,9905,9876,0226,0336,0366,120

6,1486,2246,1796,1266,0616,105

5,9696,1486,1076,1196,1796,145

6,1266,1946,2426,3016,3466,384

509570554507508508571579

547505428416474532536587601625

573474474474

519492477461445470

462496467451465485

485487443436494451

513514484463461467

Note.—See footnote 6 and Note, Table B-33.Source: Department of Labor, Bureau of Labor Statistics.


TABLE B-36.—Unemployment by demographic characteristic, 1954-93

[Thousands of persons 16 years of age and over; monthly data seasonally adjusted]

Year ormonth

Allcivilianworkers

White

Total MalesFe-

males

Bothsexes16-19

Black and other

Total MalesFe-

males

Bothsexes16-19

Black

Total MalesFe-

males

Bothsexes16-19

195419551956195719581959

1960196119621963196419651966196719681969

1970197119721973197419751976197719781979

1980198119821983198419851986198719881989

1990199119921993

1992: Jan...Feb..Mar..Apr..May.June.

July..Aug..Sept.Oct..Nov..Dec.

1993: Jan...Feb..Mar..Apr..May.June.


3,5322,8522,7502,8594,6023,740

3,8524,7143,9114,0703,7863,3662,8752,9752,8172,832

4,0935,0164,8824,3655,1567,9297,4066,9916,2026,137

7,6378,273

10,67810,7178,5398,3128,2377,4256,7016,528

6,8748,4269,3848,734

9,0199,2909,2909,247.9,5029,771

9,5959,5909,5349,2109,3139,314

9,0468,9588,8788,9548,8958,869

8,7328,6428,5408,6398,3308,237

2,8592,2522,1592,2893,6802,946

3,0653,7433,0523,2082,9992,6912,2552,3382,2262,260

3,3394,0853,9063,4424,0976,4215,9145,4414,6984,664

5,8846,3438,2418,1286,3726,1916,1405,5014,9444,770

5,0916,4477,0476,547

6,8266,9967,0716,9807,0407,327

7,1937,1667,2146,9666,8996,917

6,7506,6706,6716,6016,6226,652

6,5586,4676,3986,7366,1426,209

1,9131,4781,3661,4772,4891,903

1,9882,3981,9151,9761,7791,5561,2411,2081,1421,137

1,8572,3092,1731,8362,1693,6273,2582,8832,4112,405

3,3453,5804,8464,8593,6003,4263,4333,1322,7662,636

2,8663,7754,1213,753

4,0534,1324,1364,0834,2394,337

4,1344,1594,2034,0554,0293,933

3,8473,8493,9093,8253,7813,818

3,8333,7563,6573,7883,3863,509

946774793812

1,1911,043

1,0771,3451,1371,2321,2201,1351,0141,1301,0841,123

1,4821,7771,7331,6061,9272,7942,6562,5582,2872,260

2,5402,7623,3953,2702,7722,7652,7082,3692,1772,135

2,2252,6722,9262,793

2,7732,8642,9352,8972,8012,990

3,0593,0073,0112,9112,8702,984

2,9032,8212,7622,7762,8412,834

2,7252,7112,7412,9482,7562,700

423373382401541525

575669580708708705651635644660

8711,0111,021955

1,1041,4131,3641,2841,1891,193

1,2911,3741,5341,3871,1161,0741,070995910863

856977983943

939999

1,044919957

1,138

1,006969

1,032864992948

951963945962983945

909934912

1,003922894

673601591570923793

788971861863787678622638590571

754930977924

1,0581,5071,4921,5501,5051,473

1,7521,9302,4372,5882,1672,1212,0971,9241,7571,757

1,7831,9792,3372,187

2,2572,2612,2422,2452,3882,456

2,4012,4002,3262,3652,3422,377

2,3552,2662,2222,3182,2042,231

2,1692,1562,1322,0402,1332,013

431376345364610517

498599509496426360310300277267

380481486440544815779784731714

922997

1,3341,4011,1441,0951,097969888889

9331,0431,2591,179

1,2521,2301,2241,1911,2641,298

1,2931,2961,2561,3081,2431,267

1,2271,2071,2481,2531,2131,209

1,1581,1711,1691,0881,1511,046

242225246206313276

290372352367361318312338313304

374450491484514692713766774759

830933

1,1041,1871,0221,026999955869868

850936

1,0791,008

1,0051,0311,0181,0541,1241,158

1,1081,1041,0701,0571,0991,110

1,1281,059974

1,065991

1,022

1,011985963952982967

79779596138128

138159142176165171186203194193

235249288280318355355379394362

377388443441384394383353316331

292313369353

337352314339372398

386375400383393384

371375380416379380

344319306314337317

906846965

1,3691,3341,3931,3301,319

1,5531,7312,1422,2721,9141,8641,8401,6841,5471,544

1,5271,6791,9581,796

1,8711,9241,9151,8942,0222,021

2,0102,0111,9271,9821,9441,979

1,9531,8571,8711,9031,8041,846

1,7861,7441,7501,6531,7601,614

448395494741698698641636

815891

1,1671,2131,003951946826771773

793874

1,046954

1,0171,0471,040986

1,0631,073

1,0651,0761,0461,0821,0181,047

1,006968

1,0341,034970976

929931950863950825

458451470629637695690683

738840975

1,059911913894858776772

734805912842

854877875908959948

945935881900926932

947889837869834870

857813800790810789

279262297330330354360333

343357396392353357347312288300

258270313302

291313268288322328

321316346329321316

312311325361323321

293259275269301274

Note.—See footnote 6 and Note, Table B-33.



TABLE B-37.—Civilian labor force participation rate and employment/population ratio, 1948-93

[Percent;1 monthly data seasonally adjusted]

Year or month

Labor force participation rate

civilianwork- Males Fe-

males

Bothsexes16-19years

WhiteBlackand

otherBlack

Employment/population ratio

Allcivilianwork-

ersMales Fe-

males

Bothsexes16-19years

WhiteBlackand

otherBlack

19481949195019511952195319541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931992: Jan..

Feb..Mar.Apr..May.JuneJuly..Aug.SeptOct..Nov..Dec.

1993: Jan..Feb..Mar.Apr..May.JuneJuly..Aug.SeptOct..Nov..Dec.

58.858.959.259.259.058.958.859.360.059.659.559.359.459.358.858.758.758.959.259.659.660.160.460.260.460.861.361.261.662.363.263.763.863.964.064.064.464.865.365.665.966.566.466.066.366.266.166.166.266.466.466.566.566.466.366.166.266.266.066.166.066.066.366.266.266.266.066.266.266.3

86.686.486.486.386.386.085.585.485.584.884.283.783.382.982.081.481.080.780.480.480.179.879.779.178.978.878.777.977.577.777.977.877.477.076.676.476.476.376.376.276.276.4

76.175.575.675.275.475.475.575.775.975.875.775.775.775.475.475.475.175.375.375.275.475.375.275.374.975.175.075.0

32.733.133.934.634.734.434.635.736.936.937.137.137.738.137.938.338.739.340.341.141.642.743.343.443.944.745.746.347.348.450.050.951.552.152.652.953.654.555.356.056.657.4

57.557.357.857.957.657.757.857.957.757.958.157.957.857.557.757.857.757.757.657.657.957.957.857.957.958.158.258.3

52.552.251.852.251.350.248.348.950.949.647.446.747.546.946.145.244.545.748.248.448.349.449.949.751.953.754.854.054.556.057.857.956.755.454.153.553.954.554.754.755.355.953.751.751.351.551.751.550.650.451.151.951.251.452.250.451.451.751.451.951.551.852.551.551.851.651.251.151.250.9

58.258.759.459.158.958.758.858.858.358.258.258.458.759.259.359.960.260.160.460.861.461.561.862.563.363.964.164.364.364.364.665.065.565.866.266.7

66.866.666.766.766.666.666.866.966.866.866.966.766.766.666.666.766.666.566.666.566.766.766.766.866.767.066.866.9

64.064.264.964.464.864.364.564.163.263.063.162.963.062.862.262.161.860.960.260.560.359.659.860.462.262.261.761.361.662.162.663.363.764.364.064.763.763.163.863.163.663.563.363.563.864.564.264.564.163.863.563.563.163.763.063.363.463.062.862.862.662.863.063.1

59.960.259.858.859.059.861.561.461.060.861.061.562.262.963.363.863.864.263.362.663.362.463.062.962.962.863.363.863.764.163.463.362.963.062.463.262.462.362.662.462.362.462.362.162.562.3

56.655.456.157.357.357.155.556.757.557.155.456.056.155.455.555.455.756.256.957.357.558.057.456.657.057.857.856.156.857.959.359.959.259.057.857.959.560.160.761.562.363.062.761.661.461.661.461.361.461.661.461.461.561.461.461.361.361.461.361.461.461.461.761.661.661.861.661.861.962.0

83.581.382.084.083.983.681.081.882.381.378.579.378.977.677.777.177.377.577.978.077.877.676.274.975.075.574.971.772.072.873.873.872.071.369.068.870.770.971.071.572.072.571.970.269.769.969.769.569.769.969.869.769.769.769.769.669.669.769.769.869.769.769.969.869.870.069.769.970.070.1

31.331.232.033.133.433.332.534.035.135.134.535.035.535.435.635.836.337.138.339.039.640.740.840.441.042.042.642.043.244.546.447.547.748.047.748.049.550.451.452.553.454.3

54.353.753.854.153.853.853.853.953.853.853.953.853.753.653.753.753.753.853.953.854.154.154.154.254.254.354.554.7

47.745.245.547.946.946.442.343.545.343.939.939.940.539.139.437.437.338.942.142.242.243.442.341.343.545.946.043.344.246.148.348.546.644.641.541.543.744.444.645.546.847.545.442.141.041.742.041.340.440.840.940.240.541.141.341.240.941.641.341.741.441.342.141.542.242.142.041.441.841.9

55.256.557.356.855.355.955.955.355.455.355.556.056.857.257.458.057.556.857.458.258.356.757.558.660.060.660.060.058.858.960.561.061.562.363.163.863.662.662.462.762.462.362.462.662.562.362.462.362.362.362.462.462.562.562.562.462.762.762.762.962.862.963.063.1

58.058.759.559.356.757.557.956.256.356.257.057.858.458.258.058.156.854.954.155.054.351.452.052.554.755.253.652.650.951.053.654.755.456.857.458.257.356.155.755.755.755.655.555.755.556.055.956.356.155.755.555.455.056.055.455.555.955.455.555.655.456.055.956.3

53.754.553.550.150.851.453.653.852.351.349.449.552.353.454.155.656.356.956.254.954.354.454.454.154.254.254.154.654.554.954.754.354.154.053.554.854.053.854.554.154.354.654.554.854.755.1

1 Civilian labor force or civilian employment as percent of civilian noninstitutional population in group specified.

Note.—Data relate to persons 16 years of age and over.See footnote 6 and Note, Table B-33.



TABLE B-38.—Civilian labor force participation rate by demographic characteristic, 1954-93


Year or month

19541955 .1956195719581959

1960196119621963196419651966196719681969

19701971.1972

1972....1973197419751976197719781979

1980198119821983198419851986198719881989

1990199119921993

1992: JanFebMar

May"!!!!!!!!!!June

JulyAugSeptOctNovDec

1993:JanFebMar

Jay!!!!!!!!!!June


Allcivil-ian

work-ers

58.859 360.059 659.559.3

59.459.358.858.758.758 959.259 659.660.1

60.460.260.4

60.460.861.361.261662.363.263.7

63 863.964 064.064.464.865 365.665.966.5

66.466.066.366.2

66.166.166.266.466.466.5

66.566.466.366.166.266.2

66.066.166.066.066.366.2

66.266.266.066.266.266.3

White

Total

58.258 759.459158.958.7

58.858.858.358.258.258 458.759 259.359.9

60.260.160.4

60.460.861.461.561.862.563.363.9

64164.364 364.364.665.065.565.866.266.7

66.866.666.766.7

66.666.666.866.966.866.8

66.966.766.766.666.666.7

66.666.566.666.566.766.7

66.766.866.767.066.866.9

Males

Total

85.685 485.684 884.383.8

83.483.082.181.581.180 880.680 680.480.2

80.079.679.6

79.679.479.478.778 478.578.678.6

78 277.977.477.177.177.076.976.876.977.1

76.976.476.476.1

76.376.276.376.576.676.5

76.476.476.576.276.176.2

76.176.176.276.076.176.1

76.176.175.976.275.875.9

16-19years

57.658 660.459 256.555.9

55.954.553.853.152.754 155.956 355.956.8

57.557.960.1

60.162.062.961.962 364.065.064.8

63 762.460 059.459.059.759 359.060.061.0

59.457.256.756.5

57.256.555.956.356.457.0

56.556.558.656.056.957.1

56.456.757.056.656.156.8

56.557.356.156.156.756.0

20yearsandover

87.887 587.686 986.686.3

86.085.784.984.484.283 983.683 583.283.0

82.882.382.0

82.081.681.480.780 380.280.180.1

79 879.579 278.978.778.578 578.478.378.5

78.377.877.877.5

77.777.677.878.078.178.0

77.977.877.877.777.577.6

77.577.577.677.477.577.5

77.577.577.377.777.277.4

Females

Total

33.334 535.735 735.836.0

36.536.936.737.237.538 139.240 140.741.8

42.642.643.2

43.244.145.245.946 948.049.450.5

51251.952 452.753.354.155 055.756.457.2

57.557.457.858.0

57.757.757.957.957.757.8

57.957.857.757.657.857.8

57.757.757.757.658.058.0

58.058.158.158.358.358.4

16-19years

40.640 743.142 240.139.6

40.340.639.838.737.839 242.642 543.044.6

45.645.448.1

48.150.151.751.552 854.556.757.4

56 255.455 054.555.455.256 356.557.257.1

55.454.352.653.7

52.953.152.951.952.652.5

52.652.652.451.852.652.7

53.053.252.553.155.052.6

53.353.354.155.254.454.2

20yearsandover

32.734 035.135 235.535.6

36.236.636.537.037.538 038.839 840.441.5

42.242.342.7

42.743.544.445.346 247.348.749.8

50 651.552 252.553.154.054 955.656.357.2

57.657.758.158.3

58.058.058.258.358.058.1

58.358.158.058.058.158.1

58.158.058.057.958.258.4

58.358.558.458.558.658.7

Black and other or black

Total

Males

Total16-19years

20yearsandover

Females

Total16-19years

20yearsandover

Black and other

64.064 264.964 464.864.3

64.564.163.263.063.162 963.062 862.262.1

61.860.960.2

85.285 185.184 284.183.4

83.082.280.880.280.179 679.078 577.776.9

76.574.973.9

61.260 861.558 857.355.5

57.655.853.551.549.951351.451 149.749.6

47.444.746.0

87.187 887.887 087.186.7

86.285.584.283.984.183 783.382 982.281.4

81.480.078.6

46.146147.347 148.047.7

48.248.348.048.148.648 649.449 549.349.8

49.549.248.8

31.032 736.333 231.928.2

32.932.833.132.631.729 533.535 234.834.6

34.131.232.3

47.747 548.448 649.849.8

49.950.149.649.950.751151.651651.452.0

51.851.851.2

Black

59.960.259.858.859 059.861.561.4

61060.861 061.562.262.963 363.863.864.2

63.362.663.362.4

63.062.962.962.863.363.8

63.764.163.463.362.963.0

62.463.262.462.362.662.4

62.362.462.362.162.562.3

73.673.472.970.970 070.671.571.3

70 370.070 170.670.870.871 271.171.071.0

70.169.569.768.6

70.369.869.769.169.770.2

69.770.069.769.769.469.1

69.169.769.068.668.968.6

68.868.968.367.668.067.3

46.345.746.742.641343.244.943.6

43 241.639.839.941.744.643 743.643.844.6

40.637.440.739.5

44.442.939.237.237.341.4

40.340.641.141.740.942.1

41.141.741.344.642.739.8

41.039.238.034.934.935.2

78.578.477.676.075 475.676.276.3

75.174.574 775.274.874.474.874.774.674.4

73.873.473.172.0

73.373.073.272.873.473.6

73.173.473.073.072.772.2

72.373.072.271.372.071.9

72.072.471.871.571.870.9

48.749.349.048.849 850.853.153.1

53 153.553.754.255.256.556 958.058.058.7

57.857.058.057.4

57.157.257.457.758.158.6

58.759.258.358.057.657.9

56.857.856.957.257.457.3

57.057.157.357.658.158.1

32.234.233.434.232 932.937.336.8

34.934.033.533.035.037.939.139.637.940.4

36.733.535.234.5

33.634.832.635.036.835.8

35.537.837.333.534.734.9

35.534.932.431.835.534.0

36.034.533.834.136.935.1

51.251.651.451.152 553.655.555.4

55 656.056.256.857.658.658.960.060.160.6

60.059.360.159.5

59.359.359.859.860.160.8

60.961.260.360.359.760.1

58.959.959.259.659.459.5

59.859.259.559.860.160.3

1 Civilian labor force as percent of civilian noninstitutional population in group specified.

Note.—Data relate to persons 16 years of age and over.

See footnote 6 and Note, Table B-33.



TABLE B-39.—Civilian employment/population ratio by demographic characteristic, 1954-93


Year or month

19541955195619571958195919601961 ...19621963 ..196419651966196719681969197019711972

19721973 .19741975197619771978197919801981 . .1982198319841985198619871988198919901991199219931992:Jan

FebMarAprMayJuneJulyAugSeptOctNovDec

1993: JanFebMarAprMayJuneJulyAugSeptOctNovDec

Allcivil-ian

work-ers

55 556 757 557.155.456.056.155 455.555.455.756.256.957 357.558.057 456.657.0

57.057.857.856.156 857.959 359.959.259.057.857.959 560.160 761.562.363.062.761.661.461.661.461.361.461.661461.461.561461.461.361.361.461.361.461.461.461.761.661.661.861.661.861.962.0

White

Total

55 256.557 356855.355.955 955 355 455 355.556 056.857 257.458.057 556 857.4

57.458 258.356.757 558.660 060.660.060.058.858.960 561.061562.363.163.863.662.662.462.762.462.362.462.662 562.362.462 362.362.362.462.462.562.562.562.462.762.762.762.962.862.963.063.1

Males

Total

81582.282 781879.279.979 478 278.477 777.877.978.378.478.378.276 875776.0

76.076 575.973.073 474.175 075.173.472.870.670.472172.372 372.773.273.773 271.571.171.371.170.971.071.371271.071.271 171.171.171.071.271.271.271.271.271.371.371.271.471.371.471.671.5

16-19years

49 952.054152447 648.148145 946 444745.047150.150 250.351.149 649*251.5

51.554354.450.651554.456 355.753.451347.047.449 149.949 649.951.752.651047.246.346.647.445.744.446.645 945.146.046147.247.246.947.146.346.647.346.146.446.346.547.246.746.046.746.5

20yearsandover

84084785.084181.882.882.48148L581181381581781781.681.480.179079.0

79.079 278.675.776 076.577 277.375.675173.072.674 374.374 374.775.175.475 073.372.973.172.872.773.073.173 072.973.072 972.972.872.873.073.073.073.073.073.173.173.073.273.173.373.473.3

Females

Total

31.433̂ 034 234233.634.034.634 534735 035I536 237 538 338.940.140 339940.7

40.741842 442.043 244.546 347.547.848 348.148.549 850.751752.853.854.654 854.354.354.754.454.354.454.554 354.254.354 254.154.154.454.354.354.354.454.354.654.754.854.954.954.955.155.2

16-19years

36.437!(338 938235.034.835.134 634̂ 832 932233 737 537 737 839.539 538641.3

41.343 644 342.544 245.948 549447.946 244.644.547 047.147 949.050.250.548 546.144.345.844.944.944.644.144 842.743.944 744.244.143.744.745.045.044.345.446.045.246.245.946.346.347.246.9

20yearsandover

31132733 833933.534.034.534 534735 235 836 537 538 339140.140.440140.6

40.641642 241.943 144.446 147^347.848 548.448.950 051.052 053.154.054.955 254.854.955.355.054.955.155.155 055.055.054 854.854.855.154.954.954.955.154.955.255.355.455.555.455.455.655.8


Total

Males

Total 16-19years

20yearsandover

Females

Total 16-19years

20yearsandover

Black and other

58 058759 559356.757.557.956 256 356 257.057 858.458 258.058.156 854954.1

76 577̂ 678 477272.573.874.171772 071872 973 774 073 873 372.870 968167.3

52 452752.248042.041.443.841041737 437̂ 839 440 538 838 739.035 531*832.4

79.280481380576.077.677.975 575.776 277778 779 279 478.978.476 874 273.2

41942̂ 243 043742 843.243 642 642 742 743 444145145045.245.944943 943.3

24 726428 026522 820.324 823 223.121321.820 223.124 824.725.122 420 219.9

43 743̂ 944 745545.045.745.844 844.945 246.147.348.247.948.248.948 247 346.7

Black

53 754 553 550.150 851.453 653.852.351.349.449.552 353.454 155.656.356.956 254.954.354.454.454.154.254.254 154.654.554.954.754.354.154.053.554.854.053.854.554.154.354.654.554.854.755.1

66 867 565.860.660 661.463 363.460.459156.056.359 260.060 662.062.762.861860.559.159.159.959.259.159.158 959.358.959159.258.959.258.659.060.158.758.359.358.959.659.758.959.158.659.1

31.632 831426.325 826.428 528727.024 620.320.423 926.326 528.529.430.427 623.823.623.628.125.624.721.521222.123.022 723.223.723.124.624.825.223.123.725.624.425.525.522.920.821.221.5

73.073 771.966.566 867.569 169.165.864.561.461.664164.665166.467.167.066164.963.363.263.663.163.163.563 363.763.063 363.362.963.462.663.064.162.862.263.262.963.563.763.163.663.063.5

43.043 843.541.642 843.345 846.045.745.144.244.146 748.148 850.351.252.051650.350.450.550.049.950.150.150150.750.951551.050.549.950.249.150.550.150.150.550.250.050.550.851.251.551.7

19.222 020.920.219 218.522122.421.019 717.717.020123.123 825.825.827.125.721.422.121.621.921.921.323.021823.321.725.121.919.721.622.021.821.519.418.021.718.823.523.522.922.922.222.8

46.547 246.944.946 447.049 349.349.148 547.547.449 850.951653.053.954.654 253.153.153.252.652.652.952.752 853.353.754.053.853.452.652.951.653.253.053.153.253.152.553.053.453.954.254.5

1 Civilian employment as percent of civilian noninstitutional population in group specified.




TABLE B-40.—Civilian unemployment rate, 1948-93


Year or month

1948194919501951195219531954195519561957195819591960.19611962.19631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931992: Jan


1993: JanFebMar

May!"'.!"!!'JuneJulyAugSeptOctNovDec

Allcivilianworkers

3.85.95.33.33.0295.5444.1436.85.55.56.75.5575.2453.83.8363.5495.95.64.95.6857.7716.15.87.1769.79.67.57.27.06.25.55.3.5.5677.46.87.17.47.37.37.57.77.57.57.57.37.37.37.17.07.07.06.96.96.86.76.76.76.56.4

Males

Total

3.65.95.12.82.8285.3423.84 16.85.25.46.45.2524.640323.1292.8445.3504.24.9797.1635.35.16.9749.9997.47.06.96.25.55.25.6707.87.17.67.87.87.68.08.17.97.97.87.77.77.57.27.37.47.37.27.27.27.16.96.96.66.5

16-19

years

9.814.312.78.18.979

13.511611.112 417.115.315.317.114.717 215.814 111712.311611.415 016.615 913.915.620 119.217 315.815.918.320124.423 319.619.519.017.816.015.916.319.821.520.420.322.022.320.321.324.121.821.922.419.321.320.820.720.620.322.420.521.120.420.119.420.319.919.4

20yearsandover

325.44.72.52.4254.9383.4366!24.7475.74.6453.932252.3222.1354.4403.33.8685.9524.34.25.9638.8896.66.26.15.44.84.54.9637.06.46.97.17.07.07.37.37.17.17.07.16.96.86.56.66.76.56.56.56.56.46.36.25.95.8

Total

416.05.74.43.6336.04 94.8476!85.9597.26.2656.255485.2484.7596.9666.06.7938.6827.26.87.4799.4927.67.47.16.25.65.45.46.36.96.56.66.86.86.96.97.17.17.17.16.76.97.17.06.76.46.66.66.66.46.36.36.46.46.2

Females

16-19

years

8.312.311.48.38.072

11.410 211.210 6R 313.513 916.314.617 216.615 714 113.514 013.315 617.216 715.316.619 718.718 317.116.417.219 021.921318.017.617.615.914.414.014.717 418.517.417.317.818.017.618.521.119.717.919.117.219.318.018.418.518.517.919.117.616.216.516.417.316.516.1

20yearsandover

365.35.1403.2295.54.4424 16!l5.25 1635.4545.245384.2383.7485.754495.5807.4706.05.76.4688.3816.86.66.25.44.94.74.85.76.35.96.06.16.26.26.26.36.46.56.46.16.26.46.36.05.76.05.95.95.85.75.85.85.75.7

Bothsexes16-19years

9.213.412.2828.576

12!611.0n!i11 615!914.614 716 814.717 216.214 812 812.912 712.215 316.916 214 516.019 919.017 816.416.117.819 623.222 418.918.618.316.915.315.015.518.620.019.018.920.020.219.019.922.720.820.020.918.320.319.519.619.619.520.319.819.518.418.417.918.918.317.8

White

3.55.64.93.12.8275.0393.6386.14.8506.04.9504.6413.43.4323.1455.45.14.35.0787.0625.25.16.3678.6846.56.26.05.34.74.54.76.06.56.06.36.56.56.46.56.76.66.66.66.46.36.46.26.16.16.16.16.16.05.95.86.15.65.6

Blackand

other

5.98.99.05.35.4459.9878.379

12.610.710 212.410.910 89.6817.37.4676.4829.9

10.09.09.9

13 813.113 111.911.313.114.217.317.814.413.713.111.610.410.010.111.112.711.712.412.412.312.313.013.212.912.812.512.712.612.812.712.112.012.411.812.011.611.511.410.911.310.7

Black

..„„..„.

9.410.514 814.014 012.812.314.315 618.919 515.915.114.513.011.711.411.312.414.112.913.614.013.913.814.614.414.414.313.814.214.014.214.113.313.513.712.913.312.812.512.511.912.511.5

Experi-encedwageand

salaryworkers

4.36.86.03.73.4326.2484.4467.35.7576.85.6565.0433.53.6343.3485.75.34.55.3827.3665.65.56.9739.39.27.16.86.65.85.25.05.36.57.16.56.97.17.17.07.27.27.27.27.27.07.07.06.86.76.76.76.66.66.56.46.36.46.26.2

Marriedmen,

spousepresent2

3.54.61.51.4174.02623285.13.6374.63.6342.824191.8161.5263.2282.32.7514.2362.82.84.2436.56.54.64.34.43.93.33.03.44.45.04.44.85.14.84.95.15.25.25.25.25.14.94.84.54.64.74.54.54.44.54.44.24.44.03.9

Womenwho

main-tain

families

4.94.44.45.47.37.27.17.0

10 010.1948.58.39.2

10.411.712.210.310.49.89.28.18.18.29.19.99.59.09.49.9

10.09.9

10.010.210.79.49.3

10.510.210.410.19.09.69.89.79.69.09.09.39.0

10.2

1 Unemployed as percent of civilian labor force in group specified.2 Data for 1949 and 1951-54 are for April; 1950, for March.Note.—Data relate to persons 16 years of age and over.See footnote 6 and Note, Table B-33.



TABLE B-41.—Civilian unemployment rate by demographic characteristic, 1950-93

[Percent;l monthly data seasonally adjusted]

Year or month

Allcivil-ian

work-ers

White

Total

Males

Total 16-19years

20yearsandover

Females

Total 16-19years

20yearsandover


Total

Males

Total 16-19years

20yearsandover

Females

Total 16-19years

20yearsandover

Black and other

19501951195219531954195519561957195819591960196119621963196419651966196719681969197019711972

4.53.84.47.26.45.54.64.56.16.58.88.86.46.16.05.44.74.54.86.46.96.26.86.96.96.87.17.26.96.97.06.86.76.66.46.46.56.46.36.36.46.26.16.35.65.8

8.46.15.74.19.28.58.97.3

10.89.49.4

11.911.011.210.79.28.79.18.37.89.3

10.911.4

19721973197419751976197719781979198019811982198319841985....:198619871988198919901991199219931992: Jan...

Feb...Mar..Apr...May..June.

July..Aug..Sept.Oct..Nov..

Dec.

1993: Jan..Feb..Mar.

feJuneJuly.Aug.SeptOct..Nov.Dec.

5.64.95.68.57.77.16.15.87.17.69.79.67.57.27.06.25.55.35.56.77.46.87.17.47.37.37.57.77.57.57.57.37.37.37.17.07.07.06.96.96.86.76.76.76.56.4

5.14.35.07.87.06.25.25.16.36.78.68.46.56.26.05.34.74.54.76.06.56.06.36.56.56.46.56.7

6.66.66.66.46.36.46.26.16.16.16.16.16.05.95.86.15.65.6

13.411.310.511.515.714.014.015.713.715.914.712.910.510.710.110.013.715.114.2

14.212.313.518.317.315.013.513.916.217.921.720.216.816.516.315.513.913.714.217.518.417.617.219.020.617.218.620.818.618.519.515.717.617.517.917.817.118.517.218.417.717.716.817.917.716.9

3.63.03.56.25.44.73.73.65.35.67.87.95.75.45.34.84.13.94.35.76.35.66.26.36.26.36.56.56.36.36.36.36.16.05.85.85.95.75.75.75.85.65.55.75.05.2

10.49.19.79.5

12.712.012.714.812.815.114.914.012.111.512.111.513.415.114.2

14.213.014.517.416.415.914.414.014.816.619.018.315.214.814.913.412.311.512.615.215.714.615.015.415.715.014.718.716.515.115.714.816.815.215.015.315.514.516.314.013.414.014.316.013.313.4

4.94.35.17.56.86.25.25.05.65.97.36.95.85.75.44.64.14.04.14.95.45.15.25.35.45.45.25.45.75.65.65.55.25.65.45.25.15.25.15.35.15.05.05.35.14.9

10.38.87.98.3

13.711.510.712.810.910.58.97.46.36.05.65.37.39.18.9

14.413.415.018.426.825.224.026.822.027.324.323.321.323.922.121.425.028.829.7

9.98.47.47.6

12.710.59.6

11.710.09.27.76.04.94.33.93.75.67.36.9

Black

20.619.222.820.228.427.724.829.230.234.731.631.731.329.628.727.634.535.438.4

8.47.77.86.49.58.38.3

10.69.69.49.07.56.67.16.35.86.98.7

10.49.4

10.514.814.014.012.812.314.315.618.919.515.915.114.513.011.711.411.312.414.112.913.614.013.913.814.614.414.414.313.814.214.014.214.113.313.513.712.913.312.812.512.511.912.511.5

9.38.09.8

14.813.713.311.811.414.515.720.120.316.415.314.812.711.711.511.812.915.213.814.815.315.214.515.515.515.515.515.115.614.715.214.613.914.915.014.014.113.413.413.712.613.812.1

31.727.833.138.137.539.236.734.237.540.748.948.842.741.039.334.432.731.932.136.542.040.136.740.437.142.343.146.642.944.043.643.043.541.539.739.544.146.840.238.837.934.939.740.639.238.8

7.06.07.4

12.511.410.79.39.3

12.413.517.818.114.313.212.911.110.110.010.411.513.412.113.213.513.812.813.813.413.713.713.313.812.813.412.912.213.012.712.212.611.812.012.111.012.310.5

11.811.111.314.814.314.913.813.314.015.617.618.615.414.914.213.211.711.410.811.913.012.012.512.812.713.113.713.413.313.112.512.813.313.213.712.612.112.411.912.412.311.611.411.111.311.0

40.536.137.441.041.643.440.839.139.842.247.148.242.639.239.234.932.033.030.036.137.237.534.937.134.634.440.934.938.933.541.441.137.737.038.538.440.143.238.744.834.732.032.332.839.735.2

9.08.68.8

12.211.712.311.210.911.913.415.416.513.513.112.411.610.49.89.6

10.511.710.611.311.411.511.912.112.211.911.910.811.311.911.912.311.210.610.910.410.711.010.510.210.09.79.7

1 Unemployed as percent of civilian labor force in group specified.

Note.-See Note, Table B-40.



TABLE B-42.—Unemployment by duration and reason, 1950-93

[Thousands of persons, except as noted; monthly data seasonally adjusted1]

Year or monthUnem-ploy-ment

Duration of unemployment

Lessthan

5weeks

5-14weeks

15-26weeks

27weeks

andover

Average(mean)dura-tion

(weeks)

Mediandura-tion

(weeks)

Reason for unemployment

Job losers

TotalOn

layoffOther

Jobleav-ers

Reen-trants

Newen-

trants

19501951195219531954195519561957195819591960196119621963196419651966.196719681969197019711972197319741975197619771978197919801981...1982198319841985198619871988198919901991199219931992: Jan...

FebMar....AprMay....June...July ....AugSeptOctNovDec

1993:JanFebMar

May"!JuneJulyAugSeptOctNovDec

3,2882,0551,8831,8343,5322,8522,7502,8594,6023,7403,8524,7143,9114,0703,7863,3662,8752,9752,8172,8324,0935,0164,8824,3655,1567,9297,4066,9916,2026,1377,6378,27310,67810,7178,5398,3128,2377,4256,7016,5286,8748,4269,3848,7349,0199,2909,2909,2479,5029,7719,5959,5909,5349,2109,3139,3149,0468,9588,8788,9548,8958,8698,7328,6428,5408,6398,3308,237

1,4501,1771,1351,1421,6051,3351,4121,4081,7531,5851,7191,8061,6631,7511,6971,6281,5731,6341,5941,6292,1392,2452,2422,2242,6042,9402,8442,9192,8652,9503,2953,4493,8833,5703,3503,4983,4483,2463,0843,1743,1693,3803,2703,1603,3263,1013,3283,2323,2973,4753,3453,3413,3253,1943,1823,0403,2623,2323,1483,3093,2423,2323,2233,0463,0523,1562,9463,063

1,055574516482

1,116815805891

1,3961,1141,1761,3761,1341,2311,117983779893810827

1,2901,5851,4721,3141,5972,4842,1962,1321,9231,9462,4702,5393,3112,9372,4512,5092,5572,1962,0071,9782,2012,7242,7602,5222,7522,9392,7072,7412,7052,7602,7622,7742,8252,6052,7992,6742,5432,5492,5832,5372,5262,7582,5432,6082,4572,4912,4012,247

425166148132495366301321785469503728534535491404287271256242428668601483574

1,3031,018913766706

1,0521,1221,7081,6521,1041,0251,045943801730809

1,2251,4241,2741,4241,4891,4241,3221,4071,5121,4461,4721,3531,3841,3991,5381,3721,2841,2751,3111,2701,2571,2581,2591,2971,2841,2161,150

3571378478

317336232239667571454804585553482351239177156133235519566343381

1,2031,3481,028648535820

1,1621,7762,5591,6341,2801,1871,040809646695

1,0981,9301,7781,6001,7051,7841,7841,9792,1422,1042,0432,0832,0631,9252,0041,9211,8901,8351,6751,7761,7681,7491,7411,7501,7461,7551,714

12.19.78.48.011.813.011.310.513.914.412.815.614.714.013.311.810.48.78.47.88.611.312.010.09.814.215.814.311.910.811.913.715.620.018.215.615.014.513.511.912.113.817.918.116.216.817.217.518.118.418.318.218.319.118.119.018.518.217.717.717.817.817.918.318.418.418.918.2

2.34.54.44.96.36.25.25.28.48.27.05.95.46.56.98.710.17.96.86.96.55.94.85.46.98.88.48.28.38.28.69.08.88.78.99.19.29.09.38.68.48.48.58.38.38.38.48.98.38.58.2

1,2291,0701,0171,8112,3232,1081,6942,2424,3863,6793,1662,5852,6353,9474,2676,2686,2584,4214,1394,0333,5663,0922,9833,3224,6085,2914,7694,9485,3575,3045,2545,4945,5285,3755,3165,3595,3745,1835,0764,9344,7994,8564,8624,7524,8454,8724,8644,6994,7794,4444,442

394334339675735582472746

1,6711,050865712851

1,4881,4302,1271,7801,1711,1571,090943851850

1,0181,2791,2461,1041,2571,2951,2491,2561,2011,3021,2621,2041,3391,2181,1711,1801,0721,0811,0961,0681,1441,1311,1831,1901,1121,216963

1,060

836736678

1,1371,5881,5261,2211,4952,7142,6282,3001,8731,7842,4592,8374,1414,4783,2502,9822,9432,6232,2412,1332,3053,3294,0453,6643,6914,0624,0553,9984,2934,2264,1134,1124,0204,1564,0123,8963,8623,7183,7603,7943,6083,7143,6893,6743,5873,5633,4813,382

438431436550590641683768827903909874880891923840830823877

1,015965983

1,0241,014979975946985908914998987

1,0111,0151,070972894970978834

1,0201,061990960940915882926957960932

945909965

1,2281,4721,4561,3401,4631,8921,9281,9631,8571,8061,9272,1022,3842,4122,1842,2562,1601,9741,8091,8431,8832,0872,2282,1452,2732,1582,2122,1482,1462,2512,2882,2672,2972,2202,2052,2702,2952,2812,0592,1872,2372,2012,1172,0812,0752,0842,0842,018

396407413504630677649681823895953885817872981

1,1851,2161,1101,0391,029920816677654753890874799849824836848

1,028972947943765933939950899922920890894

870834843839833797

1 Because of independent seasonal adjustment of the various series, detail will not add to totals.2 Data for 1967 by reason for unemployment are not strictly comparable with those for later years and the total by reason is not

equal to total unemployment.




TABLE B-43.—Unemployment insurance programs, selected data, 1962-93

Year or month

All programs

Coveredemploy-ment1

Insuredunemploy-

ment(weekly

aver-age) ^ 3

Totalbenefits

paid(millions

ofdollars)2 4

State programs

Insuredunem-

ployment

Initialclaims

Exhaus-t ions5

Insuredunemploy-ment aspercent

ofcoveredemploy-

ment

Benefits paid

Total(millions

ofdollars)4

Averageweeklycheck

(dollars)6

19621963196419651966196719681969

1970197119721973197419751976197719781979

1980198119821983198419851986198719881989

1990199119921993 "...

1992-. JanFebMar....AprMay....June...

July....Aug....Sept..OctNovDec

1993: JanFeb....Mar...Apr....May...June..

July ...Aug...Sept..Oct....Nov....Dec ".

Thousands Weekly average; thousands

47,77648,43449,63751,58054,73956,34257,97759,99959,52659,37566,45869,89772,45171,03773,45976,41988,80492,06292,65993,30091,62891,89896,47499,186101,099103,933107,157109,926111,498109,613

1110,167

1,94671,9731,7531,4501,1291,2701,1871,1772,0702,6082,1921,7932,5584,9373,8463,3082,6452,5923,8373,4104,5923,7742,5602,6992,7392,3692,1352,2052,5753,4063,3482,845

4,2114,2144,1163,6393,2023,1483,1243,1202,8202,5422,6763,0713,4003,3553,4052,9392,6042,8122,6602,7252,4262,3302,5692,798

3,145.13,025.92,749.22,360.41,890.92,221.52,191.02,298.64,209.36,154.05,491.14,517.36,933.9

16,802.412,344.810,998.99,006.99,401.3

16,175.415,287.123,774.820,206.213,109.615,056.316,292.514,501.013,694.414,957.018,744.626,716.7

9 26,487.59 22,548.3

2,807.82,555.72,750.12,477.12,086.02,058.42,129.51,978.01,861.01,682.61,681.02,131.22,162.72,109.82,456.42,034.91,696.81,882.91,750.11,814.31,616.91,472.61,709.72,014.5

1,78371,8061,6051,3281,0611,2051,1111,1011,8052,1501,8481,6322,2623,9862,9912,6552,3592,4343,3503,0474,0593,3952,4752,6172,6432,3002,0812,1582,5223,3423,2452,751

3,3503,3263,3373,3403,3143,2793,3043,1783,1683,0352,93?2,7832,7152,6402,7012,7642,7702,8132,8322,7962,8102,8062,7802,710

3027 298268232203226201200296295261247363478386375346388488460583438377397378328310330388447408340

448452440413408414433387402365359341353343362347341343352327328344339328

4.44.33.83.02.32.52.22.13.44.13.52.73.56.04.63.93.32.93.93.54.63.92.82.92.82.42.02.12.43.23.12.6

3.23.13.23.23.23.13.23.03.02.92.82.72.62.52.62.62.62.72.72.72.72.72.62.6

2,675.42,774.72,522.12,166.01,771.32,092.32,031.62,127.93,848.54,957.04,471.04,007.65,974.9

11,754.78,974.58,357.27,717.28,612.9

13,761.113,262.120,649.517,762.812,594.714,130.815,329.313,606.812,564.713,760.317,356.024,525.723,893.520,186.1

2,723.82,476.22,664.12,397.91,946.01,983.22,049.01,899.51,778.11,601.01,598.72,035.32,075.52,024.32,361.51,958.01,631.51,811.01,684.31,746.31,552.21,402.31,609.11,904.6

34.5635.2735.9237.1939.7541.2543.4346.1750.3454.0256.7659.0064.2570.2375.1678.7983.6789.6798.95

106.70119.34123.59123.47128.14135.65140.55144.97151.73161.56169.88173.64179.61

171.65173.39173.87173.88173.70173.22171.51173.95174.09174.86175.55175.49177.36179.47180.70180.50180.52179.88178.29179.71179.61180.45180.07179.17

**Monthly data are seasonally adjusted.1 Includes persons under the State, UCFE (Federal employee, effective January 1955), and RRB (Railroad Retirement Board) programs.

Beginning October 1958, also includes the UCX program (unemployment compensation for ex-servicemembers).2 Includes State, UCFE, RR, UCX, UCV (unemployment compensation for veterans, October 1952-January 1960), and SRA

(Servicemen's Readjustment Act, September 1944-September 1951) programs. Also includes Federal and State extended benefitprograms. Does not include FSB (Federal supplemental benefits), SUA (special unemployment assistance), Federal SupplementalCompensation, and Emergency Unemployment Compensation programs, except as noted in footnote 9.

3 Covered workers who have completed at least 1 week of unemployment.4 Annual data are net amounts and monthly data are gross amounts.5 Individuals receiving final payments in benefit year.6 For total unemployment only.7 Programs include Puerto Rican sugarcane workers for initial claims and insured unemployment beginning July 1963.8 Latest data available for all programs combined. Workers covered by State programs account for about 97 percent of wage and

salary earners.9 Including Emergency Unemployment Compensation and Federal Supplemental Compensation, total benefits paid for 1992 and 1993

would be (in millions of dollars): for 1992, 40,275.2 and, for 1993, p34,484.8.

Source: Department of Labor, Employment and Training Administration.

317

1 5 1 - 4 4 4 0 - 9 4 - 1 1Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

TABLE B-44.—Employees on nonagricultural payrolls, by major industry, 1946-93

[Thousands of persons; monthly data seasonally adjusted]

Year or month

194619471948194919501951195219531954195519561957195819591960196119621963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993"1992 Jan


1993 JanFebMarAprMayJuneJulyAugSeptOct .Nov pDec"

Total

4165243^85744,86643,75445,19747,81948,79350,20248,99050,64152,36952,85351,32453,26854,18953,99955,54956,65358,28360,76563,90165,80367,89770,38470,88071,21473,67576,79078,26576,94579,38282,47186,69789,82390,40691,15289,54490,15294,40897,38799,344101,958105,210107,895109,419108,256108,519110,171108,051108,045108,164108,347108,470108,454108,605108,615108,674108,789108,921109,079109,235109,539109,565109,820110,058110,101110,338110,305110,502110,664110,866111,049

Total

17 24818]50918,77417,56518,50619,95920,19821,07419,75120,51321,10420,96419,51320,41120,43419,85720,45120,64021,00521,92623,15823,30823,73724,36123,57822,93523,66824,89324,79422,60023,35224,34625,58526,46125,65825,49723,81223,33024,71824,84224,53324,67425,12525,25424,90523,74523,14222,97423,31023,26623,26723,25123,23723,17223,16023,07323,01222,99522,99522,98523,00123,06923,01622,98023,00622,94122,94822,90322,88622,93422,99223,002

Mining

862955994930901929898866791792822828751732712672650635634632627613606619623609628642697752779813851958

1,0271,1391,128952966927111111713692709689631599653649645642637630628623616618616613611600600600602596595592596596594603

Soods-producing industries

Construc-tion

1 6832^0092,1982,1942,3642,6372,6682,6592,6462,8393,0392,9622,8173,0042,9262,8592,9483,0103,0973,2323,3173,2483,3503,5753,5883,7043,8894,0974,0203,5253,5763,8514,2294,4634,3464,1883,9043,9464,3804,6684,8104,9585,0985,1715,1204,6504,4714,5734,5064,4684,4854,4854,4914,4694,4594,4594,4474,4664,4624,4594,4544,5154,4814,5174,5774,5744,5934,5934,5924,6294,6634,662

Manufacturing

Total

14 70315^54515,58214,44115,24116,39316,63217,54916,31416,88217,24317,17415,94516,67516,79616,32616,85316,99517,27418,06219,21419,44719,78120,16719,36718,62319,15120,15420,07718,32318,99719,68220,50521,04020,28520,17018,78018,43219,37219,24818,94718,99919,31419,39119,07618,40618,04017,80218,15118,14918,13718,12418,10918,07318,07317,99117,94917,91117,91717,91317,93617,95417,93517,86317,82717,77117,76017,71817,69817,70917,73517,737

Durablegoods

7 7858,'3588,2987,4628,0669,0599,32010,0809,1019,5119,8029,8258,8019,3429,4299,0419,4509,5869,78510,37411,25011,40811,59411,86211,17610,60411,02211,86311,89710,66211,05111,57012,24512,73012,15912,08211,01410,70711,47611,45811,19511,15411,36311,39411,10910,56910,23710,04710,32810,33610,32410,30410,28610,26010,23610,19210,16410,13510,14210,13610,15210,16310,14410,09010,04710,0119,9969,9749,9749,98810,01310,027

Nondura-ble goods

6 9187,1877,2856,9797,1757,3347,3137,4687,2137,3707,4427,3517,1447,3337,3677,2857,4037,4107,4897,6887,9638,0398,1878,3048,1908,0198,1298,2918,1817,6617,9468,1128,2598,3108,1278,0897,7667,7257,8967,7907,7527,8457,9517,9977,9687,8377,8047,7557,8237,8137,8137,8207,8237,8137,8377,7997,7857,7767,7757,7777,7847,7917,7917,7737,7807,7607,7647,7447,7247,7217,7227,710

Note.—Data in Tables B-44 and B-45 are based on reports from employing establishments and relate to full- and part-time wage andsalary workers in nonagricultural establishments who received pay for any part of the pay period which includes the 12th of the month.Not comparable with labor force data (Tables B-33 through B-42), which include proprietors, self-employed persons, domestic servants,



TABLE B-44.—Employees on nonagricultural payrolls, by major industry, 1946-93—Continued

[Thousands of persons; monthly data seasonally adjusted]

Year or month

Service-producing industries

TotalTranspor-tation andpublicutilities

Wholesaletrade

Retailtrade

Finance,insurance,and realestate

Services

Government

Total Federal State andlocal

194619471948194919501951195219531954195519561957195819591960196119621963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993 P.1992: Jan

FebMar..AprMay..June.July..Aug..Sept.OctNov..Dec..

1993:JanFebMar..AprMay.JuneJuly.Aug.SeptOct..NovDec

24,40425,34826,09226,18926,69127,86028,59529,12829,23930,12831,26631,88931,81132,85733,75534,14235,09836,01337,27838,83940,74342,49544,16046,02347,30248,27850,00751,89753,47154,34556,03058,12561,11363,36364,74865,65565,73266,82169,69072,54474,81177,28480,08682,64284,51484,51185,37787,19784,74184,77984,89785,09685,23385,28285,44585,54285,66285,79485,92686,09486,23486,47086,54986,84087,05287,16087,39087,40287,61687,73087,87488,047

4,0614,1664,1894,0014,0344,2264,2484,2904,0844,1414,2444,2413,9764,0114,0043,9033,9063,9033,9514,0364,1584,2684,3184,4424,5154,4764,5414,6564,7254,5424,5824,7134,9235,1365,1465,1655,0814,9525,1565,2335,2475,3625,5145,6255,7935,7625,7095,7105,7175,7195,7165,7135,7115,7115,7075,7015,7045,6995,6995,7075,7195,7255,7245,7205,7195,7115,7095,6905,6925,6935,7035,716

2,2982,4782,6122,6102,6432,7352,8212,8622,8752,9343,0273,0372,9893,0923,1533,1423,2073,2583,3473,4773,6083,7003,7913,9194,0064,0144,1274,2914,4474,4304,5624,7234,9855,2215,2925,3755,2955,2835,5685,7275,7615,8486,0306,187

6,1736,0816,0456,1146,0446,0406,0426,0416,0456,0426,0376,0376,0376,0526,0616,0626,0866,0976,1036,1106,1256,1106,1266,1076,1176,1226,1286,138

6,0776,4776,6596,6546,7437,0077,1847,3857,3607,6017,8317,8487,7618,0358,2388,1958,3598,5208,8129,2399,6379,90610,30810,78511,03411,33811,82212,31512,53912,63013,19313,79214,55614,97215,01815,17115,15815,58716,51217,31517,88018,42219,02319,47519,60119,28419,34619,73419,22919,25819,26819,32519,35719,34419,36019,35919,38019,40219,40519,46019,52319,62919,60419,64819,70219,75119,79019,79519,83619,84619,83319,865

1,6751,7281,8001,8281,8881,9562,0352,1112,2002,2982,3892,4382,4812,5492,6282,6882,7542,8302,9112,9773,0583,1853,3373,5123,6453,7723,9084,0464,1484,1654,2714,4674,7244,9755,1605,2985,3405,4665,6845,9486,2736,5336,6306,6686,7096,6466,5716,6056,5806,5816,5766,5776,5776,5696,5596,5586,5656,5706,5696,5756,5786,5776,5746,5856,5886,5906,6046,6026,6166,6326,6546,668

4,6975,0255,1815,2395,3565,5475,6995,8355,9696,2406,4976,7086,7657,0877,3787,6197,9828,2778,6609,0369,49810,04510,56711,16911,54811,79712,27612,85713,44113,89214,55115,30216,25217,11217,89018,61519,02119,66420,74621,92722,95724,11025,50426,90727,93428,33629,05330,19328,64528,64328,71528,83328,92528,99629,11129,17829,24729,36129,43029,524

29,57329,66529,75629,97730,09930,17530,32030,38130,43330,53430,65130,719

5,5955,4745,6505,8566,0266,3896,6096,6456,7516,9147,2787,6167,8398,0838,3538,5948,8909,2259,59610,07410,78411,39111,83912,19512,55412,88113,33413,73214,17014,68614,87115,12715,67215,94716,24116,03115,83715,86916,02416,39416,69317,01017,38617,77918,30418,40218,65318,84118,52618,53818,58018,60718,61818,62018,67118,70918,72918,71018,76218,76618,75518,77718,78818,80018,81918,82318,84118,82718,92218,90318,90518,941

2,2541,8921,8631,9081,9282,3022,4202,3052,1882,1872,2092,2172,1912,2332,2702,2792,3402,3582,3482,3782,5642,7192,7372,7582,7312,6962,6842,6632,7242,7482,7332,7272,7532,7732,8662,7722,7392,7742,8072,8752,8992,9432,9712,9883,0852,9662,9692,9142,9822,9822,9862,9822,9802,9732,9622,9612,9662,9452,9432,9682,9452,9442,9382,9232,9122,9012,8962,9062,9012,9012,8932,902

3,3413,5823,7873,9484,0984,0874,1884,3404,5634,7275,0695,3995,6485,8506,0836,3156,5506,8687,2487,6968,2208,6729,1029,4379,82310,18510,64911,06811,44611,93712,13812,39912,91913,17413,37513,25913,09813,09613,21613,51913,79414,06714,41514,79115,21915,43615,68315,92715,54415,55615,59415,62515,63815,64715,70915,74815,76315,76515,81915,79815,81015,83315,85015,87715,90715,92215,94515,92116,02116,00216,01216,039

Note (cont'd).—which count persons as employed when they are not at work because of industrial disputes, bad weather, etc., evenif they are not paid for the time off; and which are based on a sample of the working-age population. For description and details of thevarious establishment data, see "Employment and Earnings."

Source-. Department of Labor, Bureau of Labor Statistics.


TABLE B-45.—Hours and earnings in private nonagricultural industries, 1959-931


Year or month

Average weekly hours

Totalprivate

39.038.638.638.738.838.738.838.638.037.837.737.136.937.036.936.536.136.136.035.835.735.335.234.835.035.234.934.834.834.734.634.534.334.434.534.234.534.534.334.534.334.334.634.234.434.634.334.534.434.234.434.734.434.534.734.334.534.634.6

Manufacturing

Tntal1OI3I

40.339.739.840.440.540.741.241.440.640.740.639.839.940.540.740.039.540.140.340.440.239.739.838.940.140.740.540.741.041.141.040.840.741.041.440.841.041.141.141.241.141.141.141.041.141.241.241.441.441.241.541.441.241.441.441.541.641.741.7

Over-time

2.72.52.42.82.83.13.63.93.43.63.63.02.93.53.83.32.63.13.53.63.32.82.82.33.03.43.33.43.73.93.83.63.63.84.13.63.73.83.84.03.83.83.83.63.83.93.94.04.24.04.24.14.04.04.14.14.34.44.4

Average hourly earnings

Total private

Currentdollars

$2.022.092.142.222.282.362.462.562.682.853.043.233.453.703.944.244.534.865.255.696.166.667.257.688.028.328.578.768.989.289.66

10.0110.3210.5810.8310.4510.4910.5210.5110.5410.5610.5710.6310.6210.6510.6910.6810.7310.7410.7810.7710.8210.8110.8110.8610.8610.9210.9310.95

1QOOIDOL.

ftf.1

QOI-

lars2

$6.696.796.887.077.177.337.527.627.727.897.988.038.218.538.558.288.128.248.368.408.177.787.697.687.797.807.777.817.737.697.647.527.457.427.397.437.447.437.417.427.427.407.437.417.407.417.407.407.387.397.367.397.387.377.397.397.407.407.40

Manu-facturing(currentdollars)

$2.192.262.322.392.452.532.612.712.823.013.193.353.573.824.094.424.835.225.686.176.707.277.998.498.839.199.549.739.91

10.1910.4810.8311.1811.4611.7611.2911.3511.3911.4211.4411.4511.4611.5011.5111.5211.5511.5811.6111.6411.6611.7111.7111.7211.7211.7711.8411.8311.8811.94

Average weekly earnings, total private

Level

Currentdollars

$78.7880.6782.6085.9188.4691.3395.4598.82

101.84107.73114.61119.83127.31136.90145.39154.76163.53175.45189.00203.70219.91235.10255.20267.26280.70292.86299.09304.85312.50322.02334.24345.35353.98363.95373.64357.39361.91362.94360.49363.63362.21362.55367.80363.20366.36369.87366.32370.19369.46368.68370.49375.45371.86372.95376.84372.50376.74378.18378.87

1982dollars2

$260.86261.92265.59273.60278.18283.63291.90294.11293.49298.42300.81298.08303.12315.44315.38302.27293.06297.37300.96300.89291.66274.65270.63267.26272.52274.73271.16271.94269.16266.79264.22259.47255.40255.22254.87254.01256.67256.49254.05255.90254.36253.89257.02253.45254.59256.50253.68255.30253.92252.87253.24256.28253.83254.40256.53253.57255.24255.87255.99

Percentfrnm

changeirom ycaiearlier3

Cur-rentdol-lars

4.92.42.44.03.03.24.53.53.15.86.44.66.27.56.26.45.77.37.77.88.06.98.54.75.04.32.11.92.53.03.83.32.52.82.72.83.83.72.73.21.62.53.11.12.53.31.93.42.22.02.83.42.62.92.83.03.02.23.1

1QQOL)iocdol-

lars2

4.2.4

1.43.01.72.02.9.8

- .21.7.8

-.91.74.1

- .0- 4 . 2- 3 . 0

1.51.2

- .0- 3 . 1- 5 . 8- 1 . 5- 1 . 2

2.0.8

- 1 . 3.3

- 1 . 0- .9

- 1 . 0- 1 . 8- 1 . 6

.1- .1

.41.0.7

- .2.4

- 1 . 3- .5

.0- 1 . 8- .6

.3- 1 . 0

.2- .9

- 1 . 0- .3

.2- .2

.2

.1

.5

.4- .3

.6

19591960196119621963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993 "1992:Jan

FebMarAprMayJune


1993:JanFebMarAprMay....June

JulyAugSept....OctNov "..Dec "..

1 For production or nonsupervisory workers; total includes private industry groups shown in Table B-44.2 Current dollars divided by the consumer price index for urban wage earners and clerical workers on a 1982 = 100 base.3 Percent changes are based on data that are not seasonally adjusted.

Note.—See Note, Table B-44.



TABLE B-46.—Employment cost index, private industry, 1979-93

Year and month

Total private

Totalcom-pen-

sation

Wagesand

sala-ries

Bene-f i t s 1

Goods-producing

Totalcom-pen-

sation

Wagesandsala-

Bene-f i t s 1

Service-producing

Totalcom-pen-

sation

Wagesand

sala-ries

fits"61"

Manufacturing

Totalcom-pen-

sation

Wagesandsala-ries

Bene-f i t s 1

Nonmanufacturing

Totalcom-pen-

sation

Wagesand

sala- f i t s 1

Index, June 1 9 8 9 = 1 0 0 ; not seasonally adjusted

December:197919801981198219831984198519861987198819891990199119921993

1992: MarJuneSeptDec


59.164.871.275.880.184.087.390.193.197.6

102.3107.0111.7115.6119.8

113.1113.9114.8115.6117.1118.0119.1119.8

61.567.173.077.681.484.888.391.194.198.0

102.0106.1110.0112.9116.4

110.9111.6112.2112.9113.9114.6115.7116.4

53.259.466.671.476.781.784.687.590.596.7

102.6109.4116.2122.2128.3

118.6119.7121.2122.2125.2126.7127.7128.3

60.766.773.377.881.685.488.291.093.897.9

102.1107.0111.9116.1120.6

113.5114.3115.3116.1118.0119.1119.9120.6

63.769.775.780.083.286.489.492.395.298.2

102.0105.8109.7112.8116.1

110.7111.4112.1112.8113.8114.5115.3116.1

54.660.568.273.278.383.285.788.390.997.3

102.6109.9116.7123.4130.3

119.7120.6122.3123.4127.3129.0130.0130.3

57.763.369.574.178.982.986.689.392.697.3

102.3107.0111.6115.2119.3

112.8113.6114.4115.2116.4117.3118.5119.3

60.065.371.175.980.283.787.790.393.497.8

102.2106.3110.2113.0116.6

111.1111.7112.3113.0113.9114.7115.9116.6

51.958.465.169.675.280.483.686.890.296.1

102.6109.0115.7121.2126.7

117.7118.8120.4121.2123.4124.6125.7126.7

60.166.072.576.980.885.087.890.793.497.6

102.0107.2112.2116.5121.3

114.0114.7115.7116.5118.6119.7120.6121.3

63.068.974.979.182.586.189.292.195.298.1

101.9106.2110.3113.7117.3

111.5112.2112.9113.7114.7115.5116.3117.3

54.259.967.572.477.582.785.087.589.896.6

102.3109.5116.1122.6130.0

119.3120.1121.5122.6126.8128.6129.7130.0

58.564.270.475.179.683.487.089.792.997.5

102.3106.9111.5115.1119.0

112.7113.5114.4115.1116.3117.2118.4119.0

60.866.272.176.881.084.288.090.693.797.8

102.2106.1109.8112.6116.0

110.7111.3111.9112.6113.4114.2115.4116.0

Index, June 1989=100; seasonally adjusted


1993: MarJunesept :::::Dec

112.9113.8114.7115.7116.8117.9118.9119.9

110.9111.6112.1113.0113.9114.6115.6116.5

118.2119.5121.3122.9124.7126.4127.7129.1

113.3114.1115.2116.3117.7118.8119.8120.7

110.7111.4112.1112.8113.8114.5115.3116.1

119.1120.4122.3124.3126.7128.7130.0131.3

112.7113.5114.3115.3116.2117.2118.3119.4

111.1111.7112.1113.1113.9114.7115.8116.7

117.4118.7120.4121.7123.1124.5125.7127.2

113.7114.7115.7116.9118.3119.6120.6121.7

111.5112.2112.9113.7114.7115.5116.3117.3

118.6119.8121.5123.7126.0128.3129.7131.1

112.6113.5114.3115.3116.2117.2118.3119.2

110.7111.3111.8112.7113.4114.2115.3116.1

Percent change from 12 months earlier, not seasonally adjusted

December:19801981198219831984198519861987198819891990199119921993





9.69.96.55.74.93.93.23.34.84.84.64.43.53.6

4.23.73.43.53.53.63.73.6

Percent change from 3 months earlier, seasonally adjusted

0.9

52.559.166.170.676.281.184.487.591.096.8

102.8109.3116.2122.0127.4

118.2119.4121.0122.0124.2125.5126.5127.4

117.9119.2121.0122.5123.9125.3126.5127.9

9.18.86.34.94.24.13.23.34.14.14.03.72.63.13.43.02.72.62.72.73.13.1

11.712.17.27.46.53.53.43.46.96.16.66.25.25.06.35.55.25.25.65.85.45.0

9.99.96.14.94.73.33.23.14.44.34.84.63.83.94.64.13.93.84.04.24.03.9

9.48.65.74.03.83.53.23.13.23.93.73.72.82.93.53.13.12.82.82.82.92.9

10.812.77.37.06.33.03.02.97.05.47.16.25.75.67.05.95.65.76.37.06.35.6

9.79.86.66.55.14.53.13.75.15.14.64.33.23.64.03.53.13.23.23.33.63.6

8.88.96.85.74.44.83.03.44.74.54.03.72.53.23.32.82.42.52.52.73.23.2

12.511.56.98.06.94.03.83.96.56.86.26.14.84.55.75.15.14.84.84.94.44.5

9.89.86.15.15.23.33.33.04.54.55.14.73.84.15.04.34.03.84.04.44.24.1

9.48.75.64.34.43.63.33.43.03.94.23.93.13.23.83.53.33.12.92.93.03.2

10.512.77.37.06.72.82.92.67.65.97.06.05.66.07.36.05.45.66.37.16.76.0

9.79.76.76.04.84.33.13.65.04.94.54.33.23.43.93.53.23.23.23.33.53.4

8.98.96.55.54.04.53.03.44.44.53.83.52.63.03.22.72.42.62.42.63.13.0

12.611.8

6.87.96.44.13.74.06.46.26.36.35.04.4

5.65.25.15.05.15.14.54.4

0.7.6.4.8.8.6.9.8

1.21.11.51.31.51.41.01.1

1.1.7

1.01.01.2.9.8.8

0.9.6.6.6.9.6.7.7

1.41.11.61.61.91.61.01.0

0.8.7.7.9.8.9.9.9

0.7.5.4.9.7.7

1.0.8

1.11.11.41.11.21.11.01.2

1.1.9.9

1.01.21.1.8.9

1.1.6.6.7.9.7.7.9

1.31.01.41.81.91.81.11.1

0.8.8.7.9.8.9.9.8

0.7.5.4.8.6.7

1.0.7

1.01.11.51.21.11.11.01.1

1 Employer costs for employee benefits.

Note.—The employment cost index is a measure of the change in the cost of labor, free from the influence of employment shiftsamong occupations and industries.

Data exclude farm and household workers.

Through December 1981, percent changes are based on unrounded data; thereafter changes are based on indexes as published.



TABLE B-47.—Productivity and related data, business sector, 1947-93

[1982=100; quarterly data seasonally adjusted]

Year nrTear Of

quarter

1947194819491950195119521953195419551956195719581959196019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992

1982: IV1983: IV1984: IV1985: IV1986: IV1987: IV1988: IV1989: IV1990: IV

1991:1IIIllIV

1992:1IIIllIV

1993:1IIIll

Output per hourof all persons

Busi-ness

sector

43 445.346.049.951753.655.356.758.659.361.063.064.665.668.170.573 376.578 680.782.885.385.887.089.892.795.093.295.598 399.9

100.599.498.699.9

100.0102.3104.8106.3108.5109.6110.7109.9110.7111.8115.5

101.1103.1105.4107.0108.3110.6110.9109.7110.5

110.9111.6111.8112.8

114.1114.8116.0117.1

116.6116.6117.6

Nonfarmbusinesssector

50 652.353.456.858 259.860.762.264.364.565.867.669.269.972.274.577180.081883.485.287.787.788.591.394.296.494.596.799.2

100.7101.499.999.999.9

100 0102.5104.7105.6107.7108.6109.6108.6109.1110.3113.7

101.1103.3105.3106.0107.4109.5110.0108.5108.9

109.4110.2110.4111.3

112.4113.1114.1115.3

114.8114.7115.9

Output1

Busi-ness

sector

34135.935.338.641142.644.444.047.148.449.048.251.452.253.356.158 762.265 969.370.874.076.275.878.083.088.286.685.089.994.9

100.1102.1100.5102.4100.0104.1112.6116.7119.9124.8130.1132.3133.3131.6135.4

100.0107.5114.4118.0120.6127.4131.7132.3132.1

131.0131.5131.5132.4

133.3134.5136.0137.9

138.0139.3140.5


33 535.234.637.940 542.143.843.346.547.948.647.851.051.852.955.758 361.965 769.370.874.076.275.777.983.088.486.784.990 095.0

100.5102.5100.8102.4100.0104.4113.0116.8120.1125.0130.6132.7133.5131.8135.4

100.0108.1114.8118.2120.8127.6132.5132.7132.2

131.2131.7131.8132.6

133.3134.4135.9137.9

138.1139.5141.0

Hours of allpersons2

Busi-ness

sector

78 779.376.677.479 679.680 377.680.481680.376.679.679.778.379.680 081.383 985.885.586.788.887.286.889.592.892.989.091595.099.6

102.8101.9102.5100.0101.8107.4109.8110.5113.8117.5120.4120.5117.7117.3

98.9104.3108.5110.2111.3115.1118.8120.6119.6

118.1117.8117.6117.3

116.8117.1117.2117.7

118.3119.5119.4


66 367.464.766.769 770.472 169.672.474 273.870.773.774.273.374.875 777.480 383.183.084.486.985.685.388.191.691.887.990 794.499.2

102.6101.8102.5100.0101.9107.9110.7111.5115.1119.1122.2122.4119.5119.1

99.0104.7109.0111.4112.5116.5120.5122.3121.4

119.9119.5119.4119.2

118.7118.8119.0119.6

120.3121.6121.7

Compensationpert

Busi-ness

sector

10 411.311.512.313 514.415 415.916.317 418.519.420.221.121.923.023 825.126 027.829.431.834.136.739.141.645.149.654.559 564.370.076.885.093.0

100 0103.8108.3113.2118.9123.1128.5133.0140.6147.4154.9

102.1105.3109.9115.6120.9125.8130.6134.9143.5

144.9146.6148.2150.1

152.2153.7156.1157.8

159.1160.1161.6

our3


11312.312.713.514 615.516 316.917.518 619.620.421.322.223.023.924 725.926 728.330.032.334.537.039.441.945.449.954.959 664.470.176.784.993.0

100 0104.0108.3112.8118.4122.5127.7131.9139.2146.2153.7

102.1105.2109.9115.0120.4125.1129.8133.9142.1

143.7145.4147.1148.8

150.9152.6154.8156.6

157.7158.4159.9

Real compensationper hour4

Busi-ness

sector

44 945.246.549.450 252.455 657.058.761763.664.767.068.870 873.375 178.079 782.985.088.389.891.393.195.998.197.097.8

100 9102.4103.6102.199.598.7

100 0100.6100.6101.5104.7104.6104.8103.5103.8104.5106.5

100.6100.5100.7102.4105.6105.1104.7103.4103.5

103.6104.2104.7105.2

105.8106.0106.9107.3

107.1107.0107.7


49 149.351.554.054 456.359.160.663.165 967.568.270.572.474176.378 080.581 984.386.689.690.892.093.996.898.797.698.4

101 1102.5103.7102.099.498.8

100 0100.8100.6101.2104.3104.1104.2102.7102.8103.6105.7

100.6100.4100.7101.8105.2104.6104.1102.6102.5

102.7103.4103.9104.3

104.8105.2106.0106.4

106.2105.9106.6

Unit labor costs

Busi-ness

sector

24 024.924.924.726 226.927.828.027.829.330.430.831.332.232.232.632 532.833 134.535.537.339.842.243.544.847.553.157.160 564.369.677.386.293.1

100.0101.5103.4106.5109.5112.3116.0121.0127.1131.9134.1

101.0102.1104.3108.0111.6113.7117.9123.0129.8

130.6131.4132.6133.1

133.4133.9134.5134.8

136.4137.3137.4


22 423.623.823.725 225.926.927.127.328.829.830.230.831.831.832.132 132.332 733.935.236.839.441.843.144.547.152.856.860.163.969.176.885.793.1

100.0101.5103.4106.8110.0112.8116.5121.5127.6132.6135.1

101.0101.9104.4108.5112.2114.3118.0123.4130.5

131.3132.0133.2133.7

134.3134.9135.6135.8

137.4138.2138.0

Implicit pricedeflator«

Busi-ness

sector

23 825.725.425.827 527.828.128.228.929.930.931.332.132.632.833.533 734.135 036.137.238.840.642.444.546.249.053.759.062.466.571.878.385.994.5

100.0103.4107.7111.2113.6116.6120.8126.1131.2136.1139.2

101.1104.8109.0112.4114.6117.9122.8127.8133.2

134.8135.8136.6137.2

138.3139.1138.7140.6

141.6142.5142.9


22 524.224.424.826 426.827.527.628.529.530.530.831.832.332.533.133 433.934 635.836.938.640.442.244.345.847.952.858.361.966.171.277.585.694.2

100.0104.0107.6111.6114.2117.2121.4126.5131.8137.0140.3

101.4105.2109.0112.9115.2118.5123.4128.2134.0

135.7136.6137.5138.2

139.3140.2139.8141.8

142.7143.5144.0

1 Output refers to gross domestic product originating in the sector in 1987 dollars.2 Hours at work of all persons engaged in the sector, including hours of proprietors and unpaid family workers. Estimates based

primarily on establishment data.3 Wages and salaries of employees plus employers' contributions for social insurance and private benefit plans. Also includes an

estimate of wages, salaries, and supplemental payments for the self-employed.4 Hourly compensation divided by the consumer price index for all urban consumers.5 Current dollar gross domestic product divided by constant dollar gross domestic product.


322


TABLE B-48.—Changes in productivity and related data, business sector, 1948-93

[Percent change from preceding period; quarterly data at seasonally adjusted annual rates]

Voar nrTear orquarter

19481949

19501951195219531954

19551956195719581959

19601961196219631964

19651966196719681969

19701971197219731974

19751976197719781979

19801981198219831984

19851986198719881989

199019911992

1991:1IIIllIV

1992:1IIillIV

1993:1IIIll

Output per hourof all persons

Busi-ness

sector

4.51.6

8.53.63.73.22.5

3.41.32.83.22.5

1.63.83.54.14.3

2.72.82.63.0.6

1.43.33.22.5

- 1 . 9

2.43.01.7.6

- 1 . 1

- .81.3.1

2.32.4

1.42.11.01.0

_ 7

.71.03.3

1.52.5

.63.7

4.72.54.23.8

- 1 . 6- .03.6


3.32.2

6.52.32.81.62.5

3.2.4

2.02.72.3

1.13.33.13.63.8

2.21.92.22.9

- .0

1.03.13.12.4

- 2 . 0

2.32.61.5.7

- 1 . 4

- . 9.9.1

2.52.2

.82.0

.89

- . 9

.41.13.1

1.92.7

.83.4

3.82.83.64.2

- 1 . 8- .44.3

Output1

Busi-ness

sector

5.2- 1 . 8

9.56.63.74.1

- . 9

7.12.81.3

- 1 . 66.5

1.72.15.14.66.0

6.05.22.24.52.9

- .52.96.46.2

- 1 . 8

- 1 . 95.85.65.52.0

- 1 . 61.9

- 2 . 34.18.2

3.62.84.14 31.7

.7- 1 . 3

2.9

- 3 . 31.4.1

2.7

2.93.44.65.6

.53.83.5


5.0- 1 . 8

9.67.03.84.0

- 1 . 0

7.33.01.5

- 1 . 76.7

1.72.15.34.76.2

6.15.42.24.62.9

- .62.96.56.4

- 1 . 9

- 2 . 05.95.65.82.0

- 1 . 71.6

- 2 . 44.4v

8.2

3.42.84.1441.7

.6-1.3

2.7

-3.11.5.3

2.7

2.13.34.46.0

.64.04.4

Hours of allpersons2

Busi-ness

sector

0.7- 3 . 3

.92.8.0.9

- 3 . 3

3.61.5

- 1 . 5- 4 . 6

3.8

.1- 1 . 6

1.6.5

1.6

3.22.3

-.31.42.4

- 1 . 8- .43.23.6.1

- 4 22.83.84.93.2

- .9.6

- 2 . 51.85.6

2.1.6

3.03 32.5

.1- 2 . 3

_ 4

-4 .7- 1 . 1

- . 5- 1 . 0

- 1 . 81.0.4

1.8

2.13.8

_ i

Nonfarmbusiness

sector

1.7- 3 . 9

3.04.61.02.4

- 3 . 4

3.92.5

- .5- 4 . 2

4.3

.6- 1 . 2

2.11.12.3

3.83.4

-.11.72.9

- 1 . 5- .33.34.0

.2

- 4 23.24.15.03.5

- . 8.7

- 2 . 41.95.9

2.5.8

3.2352.6

.2- 2 . 4

_ 4

- 4 . 9- 1 . 1

- . 6- . 7

- 1 . 6.5.8

1.8

2.54.4

.1

Compensation perhour3

Busi-ness

sector

8.61.7

7.49.86.36.83.3

2.66.76.64.64.3

4.34.04.7385.2

3.87.05.78.17.3

7.56.46.48.69.8

10 09.18.08.99.7

10.79.47.63.84.3

4.55.03.6443.5

5.74.95.0

4.14.84.55.2

5.74.16.24.63.32.53.9


8.63.0

6.28.75.65.73.3

3.76.15.74.04.1

4.43.44.13.54.6

3.35.95.97.96.8

7.26.46.58.29.8

10.08.78.08.99.5

10.79.67.54.04.1

4.15.03.5423.3

5.55.05.1

4.44.94.64.9

5.64.75.94.62.91.93.7

Real compensationper hour4

Busi-ness

sector

0.53.0

6.11.84.36.02.5

3.05.13.11.73.6

2.62.93.62.43.9

2.24.02.63.81.7

1.71.93.12.3

- 1 . 1

.83.21.41.2

- 1 . 5

- 2 . 5- .81.3.6.0

.93.1

- . 12

-1.3.3.6

2.0

.42.51.81.9

2.3.9

3.41.4

- .5- . 42.7

Ncnfarmbusinesssector

0.54.3

4.8.7

3.64.92.5

4.14.52.31.23.4

2.62.33.02.23.3

1.72.92.73.51.3

1.42.03.21.9

- 1 . 1

82.71.41.2

- 1 . 7

- 2 . 5- . 71.2.8

- . 2

.63.1

- . 21

- 1 . 4

.1

.82.0

.62.71.91.6

2.21.53.11.4

-.9- 1 . 0

2.5

Unit labor costs

Busi-ness

sector

4.0.1

- .96.02.63.5.7

-.75.33.61.41.7

2.7.1

1.2- . 3

.9

1.14.13.15.06.7

6.13.03.15.9

11.9

7.56.06.38.2

11.0

11.58.07.41.51.9

3.02.82.5344.3

5.03.81.7

2.52.23.81.4

.91.61.9

.7

5.02.5.3


5.2.8

- .36.22.84.1.8

.55.63.71.31.7

3.301.0

- .1.8

1.03.93.54.86.9

6.23.23.25.7

12.1

7.55.96.48.1

11.0

11.78.67.41.51.9

3.32.92.6324.3

5.13.92.0

2.52.23.71.5

1.71.82.2

.4

4.82.3

- . 6

Implicit pricedeflator5

Busi-ness

sector

7.9- 1 . 2

1.66.71.01.3.4

2.53.33.21.42.7

1.5.5

2.0.8

1.1

2.53.32.94.44.7

4.34.93.86.19.5

10.05.86.58.09.1

9.710.15.83.44.1

3.32.22.6364.4

4.13.72.3

4.83.12.41.7

3.32.4

- 1 . 25.6

2.72.61.2


7.8.8

1.86.11.62.5.7

3.23.53.3.9

3.4

1.5.6

2.1.9

1.4

2.23.33.34.54.6

4.55.03.54.5

10.2

10.46.36.87.68.9

10.410.16.14.03.5

3.72.42.6364.2

4.23.92.4

4.92.72.62.2

3.22.7

- 1 . 15.6

2.52.41.2

1 Output refers to gross domestic product originating in the sector in 1987 dollars.2 Hours at work of all persons engaged in the sector, including hours of proprietors and unpaid family workers. Estimates based

primarily on establishment data.3 Wages and salaries of employees plus employers' contributions for social insurance and private benefit plans. Also includes an

estimate of wages, salaries, and supplemental payments for the self-employed.4 Hourly compensation divided by the consumer price index for all urban consumers.5 Current dollar gross domestic product divided by constant dollar gross domestic product.

Note.—Percent changes are based on original data and therefore may differ slightly from percent changes based on indexes in TableB-47.



PRODUCTION AND BUSINESS ACTIVITY

TABLE B-49.—Industrial production indexes, major industry divisions, 1947-93

[1987 = 100; monthly data seasonally adjusted]

Year or month

194719481949195019511952195319541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976 .1977197819791980 .1981198219831984198519861987198819891990199119921993".1992: Jan


1993:JanFebMarApr

JuneJulyAugSeptOct"NovDec p

Totalindustrialproduction

11123.622.325.828.029.131.629.933.735.135.633.337.338138.441644.047 051.756 357.560 763.561462.268.373.872.766.372.478.282.685.784.185.781.984.992.894 495.3100.0104.4106.0106.0104.1106.5111.0104.5105.3105.6106.3106.7106.0106.8106 6106.2107 5108.4108.9109.3109 9110.11104110.2110 5110.8111.0111.4

1 112 1113.2114.0

Manufacturing

Total

21222.020.824.226.127.229.627.731.332.532.930.634.535 235.338 440.743 548.252 653.656 659.156 457.363.368.967.961.167.473.377.880.978.880.376.680.989.391694.3100.0104.7106.4106.1103.7106.9111.9104.5105.4106.1106.5107.1106.5107.1107 0106.8108 0108.9109.2109.9110 5110.81114111.31113111.6111.9112.3113 2114.5

j 115.3

Durable

19 920.818.923.025.927.531.127.431.332.432.628.532.833 332.736 338.741447.152 352.955 557.753 353.159.366.264.856.762.668.773.978.375.777.472.776.888.491893.9100.0106.6108.6107.4103.8108.1115.9104.6106.2106.7107.2108.4107.6108.2108 5108.1109 8110.9111.8112.91138114.11150114.9114 6115.4115.7117.0118.3120.1121.7

i

Nondurable

22 623.423.025.626.426.928.028.231.332.933.533.737.138 039.141543.846 649.852 954.658161.161163.669.311172.367.774.680.183.584.683.184.582.587.090.891594.9100.0102.3103.7104.4103.5105.4106.8104.4104.6105.3105.5105.4105.2105.7105 2105.2105 8106.4106.0106.4106 4106.6106 9106.9107.2107.0107.3106.5107 0107.6107.4

Mining

55 558.351.757.763.462.864.563.270.574.274.368.171.372.773.175.278.281.484.488.990.694.197.8100 497.899.9100.8100.398.098.9101.5104.6106.6110.0114.3109.3104.8111.9109.0101.0100.0101.3100.0102.0100.497.697.097.596.797.297.498.897.198.597 097.197.697.898.298.395.995.396.497.398.096.495.597.798 297.497.9

Utilities

11.713.013.915.818.119.621.322.925.628.130.031.434.536.939.041.944.848.751.755.658.463.168.772 976.481.384.583.584.387.689.992.795.395.994.391.893.697.099.596.3100.0105.0108.7109.9112.2112.0116.0110.2111.0111.4112.0111.2110.0111.2110 4111.2112.7114.7116.8112.81175117.81144112.1114 9116.9117.7115.3114 6115.4116.6

Source: Board of Governors of the Federal Reserve System.

324


TABLE B-50.—Industrial production indexes, market groupings, 1947-93


Year or monthTotal

industrialproduction

Final products

Total

Consumer goods

Total

Auto-motiveprod-ucts

Otherdura-

blegoods

Non-durablegoods

Total

Equipment

De-fenseand

space

Inter-mediate

prod-ucts

Materials

Total Dura-ble

Non-durable

Ener-

1947194819491950195119521953195419551956195719581959

19601961196219631964196519661967196819691970197119721973197419751976197719781979

19801981198219831984198519861987198819891990199119921993 ".1992:Jan

FebMar....AprMay....June..

July...Aug...Sept..OctNov...Dec...

1993: Jan....Feb....Mar...Apr....May...June..

July...Aug...Sept..Oc t " .Nov.Dec".

22.723.622.3

25.828.029.131.629.933.735.135.633.337.3

38.138.441.644.047.051.756.357.560.763.561.462.268.373.872.766.372.478.282.685.7

84.185.781.984.992.894.495.3

100.0104.4106.0

106.0104.1106.5111.0

104.5105.3105.6106.3106.7106.0106.8106.6106.2107.5108.4108.9109.3109.9110.1110.4110.2110.5

110.8111.0111.4112.1113.2114.0

20.821.520.9

23.525.427.329.127.629.831.632.531.034.0

35.135.438.440.642.947.151.653.756.358.1

56.056.561.365.965.761.866.271.676.179.0

80.082.180.883.091.094.295.7

100.0104.8106.8

107.0105.3108.2113.5105.3106.5106.9107.7108.3107.1108.1108.9108.1110.1111.0111.5111.9112.4112.7112.8112.5112.7

113.2113.5113.8114.8115.9116.6

25.426.226.129.729.430.131.931.735.436.737.637.240.9

42.443.346.248.851.555.558.459.863.465.8

65.068.874.377.675.272.379.485.188.487.3

85.385.884.588.892.893.796.8

100.0102.9104.0

103.4102.8105.2108.1103.2104.0104.7105.4105.8104.0104.9105.1104.4106.4107.1107.5107.6108.5108.6108.1107.3107.3107.7107.8107.4108.6109.6109.8

21.722.622.5

28.325.022.528.426.535.228.930.324.130.2

34.631.638.341.943.954.153.947.456.456.7

47.760.865.672.462.659.073.284.086.378.5

59.559.257.571.986.692.795.3

100.0106.4108.2100.7

89.899.4

110.690.595.296.599.0

102.999.098.899.597.3

103.1104.1108.7

112.7111.9111.2112.1109.7105.3

103.3103.0105.6112.9119.5123.4

22.823.822.0

30.426.226.229.627.332.233.933.231.336.0

36.237.340.543.747.754.159.660.464.769.0

66.970.881.085.779.369.878.287.491.289.8

85.186.378.186.294.690.693.9

100.0103.0105.2

103.699.9

105.2111.9102.5103.6104.7105.8107.9104.6106.3104.0104.1104.9107.1107.2

109.3110.7111.7112.3111.8110.2

113.2112.2112.5113.8114.9114.4

27.027.727.9

30.331.332.633.533.936.538.840.141.344.1

45.547.049.251.454.056.359.062.064.566.7

67.869.774.276.576.574.980.484.487.887.7

89.189.689.791.993.494.497.6

100.0102.4103.2

103.8105.0105.9107.2

105.0105.2105.7106.1105.9104.6105.5106.0105.3107.1107.5107.4

106.7107.7107.7106.9106.3107.2

107.4107.8106.9107.3107.4107.2

15.015.814.1

15.321.225.527.624.224.727.128.225.227.7

28.528.131.333.135.039.646.149.050.451.848.145.049.355.056.852.053.858.864.271.0

74.678.277.076.889.294.894.5

100.0107.6110.9

112.1108.9112.7121.2

108.3110.1110.2111.1112.0111.6

112.7114.3113.5115.4116.7117.2

118.1118.0118.7119.7119.9120.4

121.2121.6122.9123.8125.:126.6

14.715.313.4

14.317.519.820.618.119.622.723.619.922.4

23.022.324.325.528.532.637.838.640.342.9

41.339.344.852.454.748.850.656.763.171.5

73.576.172.971.985.491.193.1

100.0110.7115.5

116.9115.7123.2137.0116.3118.8119.0120.6122.1121.9

123.7126.1125.0127.5129.0129.6131.2131.7133.4134.8135.4136.1

137.1137.6139.4140.8142.9144.9

7.58.89.2

10.826.537.244.639.335.935.136.736.838.8

39.940.646.950.649.054.363.772.772.969.4

58.752.851.350.149.448.549.249.249.551.5

57.458.565.771.878.989.496.0

100.099.7

100.198.891.785.978.7

89.589.088.987.787.286.585.184.584.483.583.282.5

82.081.580.780.579.578.6

78.678.077.576.976.676.1

22.423.622.4

26.127.427.229.129.032.934.434.433.637.1

37.438.140.442.745.548.451.453.556.659.6

58.760.567.671.969.462.669.074.979.181.2

77.077.075.180.386.288.391.9

100.0101.8102.0

101.296.597.6

100.197.097.297.297.997.997.7

98.697.096.997.898.198.3

98.299.399.6

100.099.799.4

100.4100.6100.4101.0101.8101.9

25.126.223.9

28.631.632.135.632.938.939.939.935.941.4

42.042.045.848.752.658.763.963.367.571.5

69.070.077.284.582.872.681.287.391.895.4

91.392.885.188.396.696.695.9

100.0105.0106.7

106.8105.5107.9112.2106.2106.8107.3107.9108.0107.8108.5107.6107.4108.1109.3110.0

110.4110.9110.9111.5111.6112.1

112.0112.2112.7113.2114.3115.5

21.522.119.8

24.928.328.933.829.235.735.835.830.135.9

36.335.539.442.145.952.657.955.959.262.356.556.864.273.371.259.368.475.381.485.3

79.382.173.479.292.192.993.7

100.0106.8108.4

107.6105.2108.9116.0

106.8107.8108.1108.8109.0108.7

109.3108.9107.6109.7111.1111.9

113.3114.2114.1114.9114.8114.9115.4115.8117.118.2119.7121.7

25.228.930.230.129.934.2

34.836.239.241.645.249.653.654.559.964.965.268.074.980.480.871.981.486.789.792.9

88.790.582.189.293.091.794.4

100.0104.4107.1

108.0107.1110.9114.0108.8109.9110.9111.2111.5111.5111.5110.7111.7110.7112.0111.5

112.4112.1112.8113.8114.1114.8

114.2115.2113.8114.4115.5115.3

52.759.362.763.458.862.3

63.163.665.869.772.575.880.683.487.291.7

96.297.1

100.8101.5

98.896.799.0

101.1102.2105.0

106.2104.3100.7

98.9103.8103.4

99.5100.0102.2103.1104.2104.6103.4103.5

103.1102.5102.7103.5103.3103.1104.4102.5103.6103.0103.9105.1103.4103.8103.5103.4103.4104.6103.7102.8103.3102.9103.0103.9

1 Two components—oil and gas well drilling and manufactured homes—are included in total equipment, but not in detail shown.



TABLE B-51.—Industrial production indexes, selected manufactures, 1947-93


Year or month

194719481949195019511952.195319541955195619571958195919601961 . .19621963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993 "1992:Jan


1993:JanFebMarAprMayJuneJulyAugSeptOct"Nov "Dec "

Primarymetals

Total

70 273.061.477.384.176 887.070 491.590 987.169 080.780.478.984.691.2

102 9113.2120.2111.1115.1123.8115.2109.2122.4138.9134 5107.2119 9121.5130 7133.0110 8117.583.291.0

102 4101.893.7

100.0108.7107.2106.598 4

101.1105.5101.7102.4102.6101.8101.1101.2100.6100.598.0

100.5101.6102.4102.8108.0104.2104.4104.2105.7105.3106.2106.0105.0107.1109.1

Ironandsteel

102 1106.891.2

112.4125.7110 6127.5991

131.8129 3124.693 9

108.1109.9104 9109.3119.1135 5148.7153.1141.5146.1159.2148.2135.5150.6171.51661133.5147 1145.1155 3156.5126 0135.186.296.1

105.9104.590.8

100 0112.7111.2111.5100.6104.7110.5105.5106.4106.5105.6104.8103.8104.7103.8102.0104.1103.6107.4107.0112.9107.6108.4108.1110.9111.9112.1111.1112.4111.1114.6

Fabri-catedmetalprod-ucts

37 538.234.442.245.144 049.644 751.051853.147 653.453.452 156.758.562168.373.176.580.681.975.975.682.992.188 476.784 992.796 299.592 591.183.285.593 394.593.8

100 0104.2102.899.594 996.7

100.994.995.996.696.897.297.197.097.096.597.597.697.899.899.7

100.3101.4100.6100.1101.2101.0100.9101.6102.7103.3

Durable manufactures

Industrialand

commer-cial

machin-ery and

computerequip-ment

12 012.110.311.614.716 016.714 215.617 917.915 017.517.617 119.220.523 326.230.531.131.333.932.830.535.441.444 138.140 045.150 256.960 665.963.964.380 886.890.3

100.0113.0117.3117.6113.7124.8146.8114.7118.1120.0120.9123.2123.8125.7126.9127.9130.6132.8133.8135.0136.7139.6142.8144.2145.4148.5149.9152.1153.7156.2158.8

Electri-cai

machin-ery

858.88.3

11.311413 014.913 315.316 516.415 018.219.821024.124.826 231.337.537.739.842.340.540.746.553.052 445.150 758.464 071.373 375.475.980.394 193.194.3

100 0108.5111.0111.4112 8119.8131.7114.9116.3117.2118.2119.5119.3120.7120.6121.5122.6124.4124.8125.8127.1128.5129.0129.7130.1132.3133.5135.2136.0137.2138.7

Transportationequipment

Total

19 621.421.525.728.733 341.836 441.940 643.534 338.940.337.843.748.049 258.562.761.366.666.155.560.164.173.066 459.768 073.779 581.072.368.764.872.783.191.896.9

100 0105.2109.6107.0101.8102.6105.6100.6102.2102.3103.2104.5102.7101.4102.4100.5103.0103.6106.3108.4107.8106.9106.9105.5102.6100.8100.4102.4106.3110.0112.7

Motorvehicles

andparts

27 329.630.439.035.830 738.733 344.636 238.028 036.441.136 043.948.649 963.762.655.166.066.353.366.973.085.073 462.281994.799.291.067 064.458.874.590.699.098.5

100.0105.7106.9101.094.3

104.8120.196.1

100.3101.2104.5107.9104.8103.1105.0102.6108.0109.9116.2120.9120.7120.1120.4118.1114.3110.1110.0115.0124.1132.3138.8

Lumberand

prod-ucts

38 840.435.743.443.242 745.144 850.149 545.446152.349.351.654.456.961 163.565.965.367.267.166.768.578.478.771466.575 682.383.682.476 974.767.379.986 088.095.1

100.0100.199.497.190.596.4

100.095.196.396.595.396.193.896.696.694.797.899.898.099.3

101.898.098.197.496.599.199.9

100.7104.0104.2104.6

Nondurable manufactures

Apparelprod-ucts

43145.044.547.947.049.550.149.554.756.055.854 359.760.961363.866.468 772.674.574.176.078.475.376.280.981.577 971.183 991.693.989.089 291.090.193.895 792.696.3

100 098.195.092.291.992.390.893.493.393.693.493.591.792.791.391.591.792.992.793.192.592.192.091.291.190.790.689.689.490.089.7

Textilemill

prod-ucts

35 237.734.839.639.238 939.937 342.543 741.641 146.445.646 950.151.956 061.064.764.872.376.074.478.586.089.681577.786 391.692.095.092 189.483.093.293 789.793.9

100.098.6

100.397.196.8

104.7106.3102.9104.3104.3105.0105.0103.8107.0103.5105.1103.5106.0106.0106.9106.2105.4104.2106.9107.1107.7107.4105.4106.6106.3106.8

Printingand

publish-ing

22 123.223.824.925.425 326.527 630.332 333.432 634.836.236.437.739.742 144.848.350.951.754.252.753.256.758.357.453.758.764.368.169.970.372.175.279.084 587.690.6

100.0100.9101.1100.896.895.094.196.495.695.195.894.595.695.793.594.194.594.294.794.794.094.795.694.794.593.893.493.894.394.493.3

Chem-icalsand

prod-ucts

879.49.3

11.613.113.714.815.017.618 919.920 624.024.926.129.031.734 838.742.244.249.653.755.959.566.973.175.869.177.383.388.091.387.889.281.887.591.491.494.6

100.0106.0109.2111.8111.3115.0118.3112.8113.6114.2114.6114.8114.9114.6114.4115.2116.2117.7116.7116.8116.2117.6117.8118.1119.1118.7119.1118.5118.1119.6120.0

Foods

33132.833.134.335.035.736.437.239.341.542.243.245.446.647.949.551.253 654.856.959.461.063.064.066.069.570.971.971.475.579.081.882.684.686.587.790.192.194.997.4

100.0101.5102.5103.7105.3106.0106.9104.6105.8106.4106.0106.1105.4105.9106.3105.6106.8106.4106.2105.9106.9106.7106.7106.7107.1107.2107.8107.3107.8107.2107.0



TABLE B-52.—Capacity utilization rates, 1948-93


Year or month Totalindustry

Manufacturing

Total Durablegoods

Non-durablegoods

Primaryprocessing

Advancedprocessing

Mining Utilities

1948194919501951195219531954

19551956195719581959

19601961196219631964

19651966196719681969

19701971197219731974

19751976197719781979

19801981198219831984

198519861987198819891990199119921993"

1992:JanFebMarAprMayJuneJulyAugSeptOctNovDec

1993:JanFebMar..

MPay"June

JulyAugSeptOct p

Nov P.Dec "

86.486.886.9

80.879.284.388.484.2

74.679.383.385.586.2

82.180.975.075.881.1

80.379.281.583.783.6

82.179.279.881.9

78.879.379.579.980.179.5

80.079.779.380.280.881.0

81.281.581.681.781.581.5

81.781.781.982.383.083.5

82.574.2

82.885.885.489.380.1

87.086.183.675.081.6

80.177.381.483.585.6

89.591.187.287.286.8

79.778.283.788.183.8

73.278.582.885.185.4

80.278.872.874.980.4

79.579.181.683.683.1

81.177.878.881.1

77.678.278.678.879.178.6

78.978.778.479.279.779.8

80.380.580.680.980.780.6

80.780.881.081.582.382.7

87.186.886.3

76.774.380.987.582.7

70.275.480.383.584.9

78.676.669.070.578.3

77.876.278.681.881.5

79.074.976.480.4

74.675.675.876.176.876.1

76.476.576.177.177.878.2

78.979.479.579.979.779.4

79.879.980.681.482.583.4

86.386.686.6

82.982.886.687.584.0

76.481.885.286.285.1

81.481.078.081.183.1

81.983.085.685.985.3

84.081.782.082.0

81.781.882.382.482.281.9

82.281.781.782.082.482.0

82.282.182.282.382.282.3

82.082.181.581.782.081.8

87.376.2

88.590.284.989.480.6

92.089.484.775.483.0

79.877.981.583.887.8

91.091.485.486.386.9

80.479.386.491.586.0

72.980.184.086.386.4

78.078.069.074.880.4

79.880.984.986.986.284.280.182.484.6

82.382.683.082.382.682.2

82.681.981.782.383.082.9

83.584.383.884.384.284.5

84.584.884.484.885.786.0

80.073.2

79.883.485.989.380.0

84.284.483.174.981.1

80.577.281.683.484.6

88.891.188.087.486.5

79.177.482.586.582.8

73.577.881.984.384.8

81.379.174.674.980.3

79.478.380.182.181.879.876.877.979.6

78.779.179.277.377.577.0

77.377.377.077.978.478.6

78.979.079.379.579.378.9

79.279.279.680.180.981.4

81.283.586.6

88.987.490.492.592.5

89.990.090.991.391.9

94.094.686.579.984.4

82.978.279.984.485.9

89.188.686.887.1

86.485.786.286.587.886.3

87.686.486.587.187.487.8

87.985.885.386.487.287.9

86.585.887.888.487.788.2

93.494.195.8

95.493.994.692.986.8

84.084.884.684.885.9

85.582.879.580.382.5

83.580.282.084.186.0

86.086.385.387.0

84.685.185.385.784.983.9

84.884.184.585.687.188.5

85.488.989.086.484.686.6

88.188.686.786.186.687.5

1 Output as percent of capacity.Source: Board of Governors of the Federal Reserve System.


TABLE B-53.—New construction activity, 1929-93

[Value put in place, billions of dollars; monthly data at seasonally adjusted annual rates]

Year or month

Totalnew

construc-tion

Private construction

Total

Residentialbuildings1

Total2New

housingunits

Nonresidential buildings and otherconstruction»

TotalCom-mer-c ia l3

Indus-trial

Other4

Public construction

Total FederalState andlocal5

192919331939

19401941194219431944

1945

1946

New series

194719481949

19501951195219531954

19551956195719581959

1960196119621963

New series

1964

1965

1966196719681969

19701971197219731974

19751976197719781979

19801981198219831984

19851986198719881989

1990199119921993*.

10.82.98.2

8.712.014.18.35.3

5.814.3

20.026.126.7

33.635.436.839.141.4

46.547.649.150.055.4

54.756.460.264.8

72.1

78.081.283.092.499.8

100.7117.3133.3146.8147.5

145.6165.4193.1230.2259.8

259.7272.0260.6294.9348.8

377.4407.7419.4432.3443.6

442.1403.4436.0470.3

8.31.24.4

5.16.23.42.02.2

3.412.1

16.721.420.5

26.726.226.027.929.7

34.834.935.134.639.3

38.939.342.345.5

51.9

56.157.457.665.072.0

72.887.6

103.3114.5109.3

102.3121.5150.0180.0203.2

196.1207.3197.5231.5278.6

299.5323.1328.7337.5345.5

334.7293.5317.3342.7

3.6.5

2.7

3.03.51.7.9

1.36.2

9.913.112.4

18.115.915.816.618.2

21.920.219.019.824.3

23.023.125.227.9

30.5

30.228.628.734.237.2

35.948.560.765.156.0

51.668.392.0

109.8116.4

100.499.284.7

125.5153.8

158.5187.1194.7198.1196.6

182.9157.8187.8207.9

3.0

2^3

2.6

3.01.4.7.6

.74.8

7.810.510.0

15.613.212.913.414.9

18.216.114.715.419.2

17.317.119.421.7

24.1

23.821.821.526.729.2

27.138.750.154.643.4

36.350.872.285.689.3

69.669.457.094.6

113.8

114.7133.2139.9138.9139.2

128.0110.6129.6144.5

4.7.8

1.7

2.12.71.71.11.4

2.15.8

6.98.28.0

8.610.310.211.311.5

12.914.716.114.815.1

15.916.217.217.6

21.4

25.828.828.830.834.8

37.039.142.649.453.4

50.753.258.070.286.8

95.7108.0112.9106.0124.8

141.1136.0134.1139.4148.9

151.8135.7129.4134.8

6.8

8.18.18.09.0

10.8

11.213.115.718.118.1

14.314.116.420.628.3

34.640.244.143.959.1

72.669.568.971.573.9

72.554.845.047.3

0.9.2.3

1.71.41.0

1.12.12.32.22.0

2.43.13.62.42.1

2.92.82.82.9

3.6

5.16.66.06.06.8

6.65.54.86.48.1

8.37.48.0

11.515.6

14.618.018.513.814.8

17.114.915.016.520.4

23.822.320.720.7

2.6.5

1.2

1.31.51.2.9

1.1

1.33.0

4.25.55.9

6.16.76.87.37.2

7.38.09.08.89.0

8.98.79.29.7

11.0

12.614.114.915.817.2

19.220.522.124.927.2

28.231.633.738.242.8

46.649.850.248.250.8

51.351.650.151.554.6

55.458.763.766.8

2.51.63.8

3.65.8

10.76.33.1

2.42.2

3.34.76.3

6.99.3

10.811.211.7

11.712.714.115.516.1

15.917.117.919.4

20.2

21.923.825.427.427.8

27.929.730.032.338.1

43.344.043.150.156.6

63.664.763.163.570.2

77.884.690.694.898.1

107.5109.9118.8127.6

0.2.5

1.23.89.35.62.5

1.7.9

1.21.5

1.63.04.24.13.4

2.82.73.03.43.7

3.63.93.94.0

3.7

3.93.83.33.23.2

3.13.84.24.75.1

6.16.87.18.18.6

9.610.410.010.611.2

12.012.414.112.312.2

12.112.814.314.5

2.31.13.1

2.42.01.3.7.6

.71.4

2.53.5

5.26.36.67.18.3

8.910.011.112.112.3

12.213.314.015.4

16.5

18.020.022.124.224.6

24.825.925.827.633.0

37.237.236.042.048.1

54.054.353.152.959.0

65.872.276.682.586.0

95.497.1

104.5113.1



TABLE B-53.—New construction activity, 1929-93—Continued

[Value put in place, billions of dollars; monthly data at seasonally adjusted annual rates]

Year or month

Totalnew

construc-tion

Private construction

Total

Residentialbuildings1

Total2New

housingunits

Nonresidential buildings and otherconstruction1

TotalCom-mer-cia l3

Indus-trial

Other4

Public construction

Total FederalState and

local5

1992: JanFebMar

£ = =JuneJulyAugSeptOctNovDec

1993: JanFebMarAprMayJune


417.6416.5433.8429.9436.7434.9

432.0430.4433.5442.6449.3455.2

451.3453.8454.5449.1453.3460.7

466.6468.5477.1489.7500.0513.1

300.0297.8312.3313.6314.8319.3

314.0312.3317.4324.8328.2335.4

335.5334.8337.0328.1332.2335.0

337.9341.4345.6354.1364.5371.9

172.1171.7180.3185.4184.4186.7

184.6187.3189.2194.6119.3206.4

207.2205.7205.5197.3198.4200.5

204.6206.6209.5215.2222.3228.6

121.1120.1127.0131.0128.8129.4

126.8127.9129.1132.1135.4138.9

141.8142.9141.8137.7138.3139.3

141.1143.0145.7149.9156.4161.8

127.9126.1131.9128.2130.5132.6

129.4125.0128.2130.3128.9128.9

128.3129.1131.5130.8133.9134.5

133.3134.8136.1138.9142.2143.3

45.845.746.244.744.447.4

43.843.044.145.644.843.6

44.845.945.346.247.347.8

45.846.847.049.150.551.3

22.221.524.521.121.220.5

21.118.919.319.419.220.0

19.620.522.219.520.119.3

19.820.121.321.322.322.8

59.958.961.262.464.964.7

64.563.164.965.364.865.3

63.962.764.065.266.467.4

67.767.867.868.469.369.2

117.7118.7121.5116.3121.9115.6

118.0118.1116.1117.7121.1119.9

115.8119.0117.5120.9121.0125.7

128.7127.2131.6135.6135.6141.2

14.614.414.613.614.914.0

13.713.013.214.415.816.0

14.214.815.614.912.813.4

14.213.414.315.615.216.2

103.1104.4106.9102.6107.0101.6

104.3105.1102.9103.3105.2103.9

101.6104.2101.9106.0108.2112.2

114.5113.8117.3120.0120.4125.0

1 Beginning 1960, farm residential buildings included in residential buildings; prior to 1960, included in nonresidential buildings andother construction.

2 Includes residential improvements, not shown separately. Prior to 1964, also includes nonhousekeeping units (hotels, motels, etc.).3 Office buildings, warehouses, stores, restaurants, garages, etc., and, beginning 1964, hotels and motels; prior to 1964 hotels and

motels are included in total residential.4 Religious, educational, hospital and institutional, miscellaneous nonresidential, farm (see also footnote 1), public utilities

(telecommunications, gas, ejectnc, railroad, and petroleum pipelines), and all other private.5 Includes Federal grants-in-aid for State and local projects.



TABLE B-54.—New housing units started and authorized, 1959-93

[Thousands of units]

Year or month

New housing units started

Private and public*

Total(farm andnonfarm)

Nonfarm

Private (farm and nonfarm)1

Total

Type of structure

1 unit2 to 4 5 unitsunits or more

New private housing units authorized2

Total

Type of structure

1 unit 2to4units

5 unitsor more

19591960196119621963196419651966196719681969197019711972197319741975197619771978197919801981 ,198219831984198519861987198819891990199119921993

1992:JanFeb..Mar..

May -

May

1,553.71,296.11,365.01,492.51,634.91,561.01,509.71,195.81,321.91,545.41,499.51,469.02,084.52,378.52,057.51,352.51,171.41,547.62,001.72,036.11,760.01,312.61,100.31,072.11,712.51,755.81,745.01,807.11,622.7

()

June.JulyAugSeptOctNovDec

1993: JanFebMarApr

June

JulyAugSeptOctNovp

Dec" ,

1,531.31,274.01,336.81,468.71,614.81,534.01,487.51,172.81,298.81,521.41,482.3

()

( 3 )( 3 )( 3 )( 3 )( 3 )( 3 )

( 3 )( 3 )

1,517.01,252.21,313.01,462.91,603.21,528.81,472.81,164.91,291.61,507.61,466.81,433.62,052.22,356.62,045.31,337.71,160.41,537.51,987.12,020.31,745.11,292.21,084.21,062.21,703.01,749.51,741.81,805.41,620.51,488.11,376.11,192.71,013.91,199.71,285.1

( 3 )( 3 )

1,1641,2851,3181,0951,1971,1411,1061,2291,2181,2261,2261,2861,1711,1801,1241,2061,2481,2481,2321,3281,3711,3901,4501,540

1,234.0994.7974.3991.4

1,012.4970.5963.7778.6843.9899.4810.6812.9

1,151.01,309.21,132.0888.1892.2

1,162.41,450.91,433.31,194.1852.2705.4662.6

1,067.61,084.21,072.41,179.41,146.41,081.31,003.3894.8840.4

1,029.91,123.4

282.9257.5338.7471.5590.7

108.486.661.171.680.985.084.8120.3141.3118.368.164.085.9121.7125.0122.0109.591.180.0113.5121.493.484.065.358.855.237.535.630.730.5

450.0422.5325.1376.1527.3571.2535.9780.9906.2795.0381.6204.3289.2414.4462.0429.0330.5287.7319.6522.0544.0576.1542.0408.7348.0317.6260.4137.9139.0131.2

1,208.3998.0

1,064.21,186.61,334.71,285.81,239.8971.9

1,141.01,353.41,323.71,351.51,924.62,218.91,819.51,074.4939.2

1,296.21,690.01,800.51,551.81,190.6985.5

1,000.51,605.21,681.81,733.31,769.41,534.81,455.61,338.41,110.8948.8

1,094.91,214.2

938.3746.1722.8716.2750.2720.1709.9563.2650.6694.7625.9646.8906.1

1,033.1882.1643.8675.5893.6

1,126.11,182.6981.5710.4564.3546.4901.5922.4956.6

1,077.61,024.4993.8931.7793.9753.5910.7

1,004.6

77.164.667.687.1118.9100.884.861.073.084.385.288.1132.9148.6117.064.363.993.1121.3130.6125.4114.5101.888.3133.6142.6120.1108.489.375.767.054.343.145.851.2

Seasonally adjusted annual rates

192.9187.4273.8383.3465.6464.9445.1347.7417.5574.4612.7616.7885.7

1,037.2820.5366.2199.8309.5442.7487.3444.8365.7319.4365.8570.1616.8656.6583.5421.1386.1339.8262.6152.1138.4158.3

9761,1371,050939

1,019994961

1,0381,0451,0791,0891,1331,0511,036987

1,0591,1071,0791,0641,1831,1661,2111,2851,330

282551283240253128182832262432262631541733343333

16012321712814610712016014512910912194120105121115138114128172145132177

1,0771,1351,0821,0401,0531,0481,0831,0811,1201,1411,1361,1961,1571,1411,0341,1011,1211,1151,1621,2421,2711,3041,3741,476

893948896858877878882885918954963

1,037972957871925919925977

1,0151,0471,0971,1451,198

454144424548425245514945454543494647514757575852

139146142140131122159144157136124114140139120127156143134180167150171226

1 Units in structures built by private developers for sale upon completion to local public housing authorities under the Department ofHousing and Urban Development "Turnkey" program are classified as private housing. Military housing starts, including those financedwith mortgages insured by FHA under Section 803 of the National Housing Act, are included in publicly owned starts and excluded fromtotal private starts.

2 Authorized by issuance of local building permit: in 17,000 permit-issuing places beginning 1984; in 16,000 places for 1978-83; in14,000 places for 1972-77; in 13,000 places for 1967-71; in 12,000 places for 1963-66; and in 10,000 places prior to 1963.

3 Not available separately beginning January 1970.4 Series discontinued December 1988.


330


TABLE B-55.—Business expenditures for new plant and equipment, 1947-94


Year or quarter

Industries surveyed quarterly '

Allindus-tries

Manufacturing

TotalDura-ble

goods

Non-durablegoods

Nonmanufacturing

Total2 Min-ing

Trans-porta-tion

Publicutili-ties

Com-mercial

andother

Addenda

Totalnon-farmbusi-

ness3

Manu-fac-tur-ing

Nonmanufacturing

Total

Sur-veyedquar-terly

Sur-veyedannu-ally4

194719481949

19501951195219531954

19551956195719581959

19601961196219631964

19651966196719681969

19701971197219731974

19751976197719781979

19801981198219831984

19851986198719881989

1990199119921993 51994 5

1992:1IIIllIV

1993:1IIIllIV5....

1994:I5

II s

20.1122.7820.28

21.5626.8128.1629.9628.86

30.9437.9040.5433.8435.88

39.4438.3440.8643.6751.26

59.5270.4072.7576.4285.74

91.9192.91103.40120.03139.67

142.42158.44184.82216.81255.26

286.40324.73326.19321.16373.83

410.12399.36410.52455.49507.40

532.61528.39546.60584.64616.50

534.85541.41547.40559.24

564.13579.79594.11600.53

616.38624.33

8.739.257.32

7.7311.0712.1212.4312.00

12.5016.3317.5012.9813.76

16.3615.5316.0317.2721.23

25.4131.3732.2532.3436.27

36.9933.6035.4242.3552.48

53.6658.5367.4878.1395.13

112.60128.68123.97117.35139.61

152.88137.95141.06163.45183.80

192.61182.81174.02179.46186.27

173.82171.98172.86176.86

175.05177.09182.17183.52

186.22183.44

3.393.542.67

3.225.125.755.715.49

5.878.198.596.216.72

8.287.437.818.64

10.98

13.4917.2317.8317.9319.97

19.8016.7818.2222.6326.77

25.3727.5032.7739.0247.72

54.8258.9354.5851.6164.57

70.8765.6868.0377.0482.56

82.5877.6473.3281.4984.93

73.9874.0772.0973.30

79.1180.8881.9983.99

87.5083.92

5.345.714.64

4.515.956.376.726.51

6.628.158.916.777.04

8.088.108.228.63

10.25

11.9214.1514.4214.4016.31

17.1916.8217.2019.7225.71

28.2831.0334.7139.1047.41

57.7769.7569.3965.7475.04

82.0172.2873.0386.41

101.24

110.04105.17100.6997.97

101.34

99.8597.91

100.77103.56

95.9496.21

100.1899.53

98.7299.52

11.3813.5312.96

13.8315.7416.0417.5316.85

18.4421.5723.0420.8622.12

23.0822.8024.8326.4030.04

34.1239.0340.5044.0849.47

54.9259.3167.9877.6787.19

88.7699.91

117.34138.69160.13

173.80196.06202.22203.82234.22

257.24261.40269.46292.04323.60

339.99345.58372.58405.18430.22

361.03369.44374.54382.38

389.08402.70411.94417.01

430.16440.89

0.69.93

1.111.211.251.29

1.311.641.691.431.35

1.291.261.411.261.33

1.361.421.381.441.77

2.022.672.883.304.58

6.127.639.81

10.5511.05

12.7115.8114.1110.6411.86

12.008.158.289.299.21

9.8810.028.88

10.1310.84

8.929.208.988.47

8.899.10

11.1411.37

10.8311.14

2.693.172.80

2.873.603.563.582.91

3.103.563.842.723.47

3.543.143.593.644.71

5.666.686.576.917.23

7.176.427.148.009.16

9.9511.1012.2012.0713.91

13.5612.6711.7510.8113.44

14.5715.0515.0716.6318.84

21.4722.6622.6422.3720.91

21.8323.1523.9121.60

22.4721.5821.7023.73

21.4921.61

1.642.673.28

3.423.753.964.614.23

4.264.785.955.745.46

5.405.205.125.335.80

6.497.829.33

10.5211.70

13.0314.7016.2617.9919.96

20.2322.9027.8332.1037.53

41.3247.1753.5852.9557.53

59.5856.6156.2660.3766.28

67.2166.5772.2175.0081.42

69.0072.6372.1874.07

73.5174.5575.6276.30

77.7880.80

6.386.776.01

6.707.297.318.098.42

9.7711.5911.5610.9711.84

12.8613.2114.7116.1718.20

20.6023.1123.2225.2228.77

32.7135.5241.6948.3953.49

52.4758.2967.5183.9697.64

106.21120.41122.79129.41151.39

171.09181.59189.84205.76229.28

241.43246.32268.84297.69317.05

261.27264.46269.46278.24

284.21297.46303.47305.61

320.06327.33

22.2725.9724.03

25.8131.3832.1634.2033.62

37.0845.2548.6242.5545.17

48.9948.1451.6153.5962.02

70.7982.6283.8288.92

100.02

106.15109.18120.91139.26159.83

162.60179.91208.15244.40285.24

318.08358.77363.08359.73418.38

454.93447.11461.51508.22563.93

591.96587.93607.71

8.739.257.32

7.7311.0712.1212.4312.00

12.5016.3317.5012.9813.76

16.3615.5316.0317.2721.23

25.4131.3732.2532.3436.27

36.9933.6035.4242.3552.48

53.6658.5367.4878.1395.13

112.60128.68123.97117.35139.61

152.88137.95141.06163.45183.80

192.61182.81174.02179.46186.27

173.82171.98172.86176.86

13.5416.7316.72

18.0820.3120.0421.7721.62

24.5828.9131.1129.5731.41

32.6332.6035.5836.3340.80

45.3951.2551.5756.5863.74

69.1675.5885.4996.91

107.35

108.95121.38140.67166.27190.11

205.48230.09239.11242.38278.77

302.05309.16320.45344.77380.13

399.34405.12433.69

11.3813.5312.96

13.8315.7416.0417.5316.85

18.4421.5723.0420.8622.12

23.0822.8024.8326.4030.04

34.1239.0340.5044.0849.47

54.9259.3167.9877.6787.19

88.7699.91

117.34138.69160.13

173.80196.06202.22203.82234.22

257.24261.40269.46292.04323.60

339.99345.58372.58405.18430.22

361.03369.44374.54382.38

175.05177.09182.17183.52

186.22183.44

389.08402.70411.94417.01

430.16440.89

2.163.193.76

4.254.574.004.234.76

6.147.358.088.729.29

9.559.80

10.759.93

10.76

11.2712.2211.0712.5014.27

14.2416.2617.5119.2420.16

20.1921.4723.3327.5829.98

31.6834.0436.8938.5644.55

44.8147.7550.9952.7356.53

59.3559.5461.11

1 These industries accounted for 90 percent of total nonfarm spending in 1992.2 Excludes forestry, fisheries, and agricultural services; professional services; social services and membership organizations; and real

estate, which, effective with the April-May 1984 survey, are no longer surveyed quarterly. See last column ("nonmanufacturing surveyedannually") for data for these industries.

3 "All industries" plus the part of nonmanufacturing that is surveyed annually.4 Consists of forestry, fisheries, and agricultural services; professional services; social services and membership organizations; and

real estate.5 Planned capital expenditures as reported by business in October and November 1993, corrected for biases.Source: Department of Commerce, Bureau of the Census.


TABLE B-56.—Manufacturing and trade sales and inventories, 1950-93

[Amounts in millions of dollars; monthly data seasonally adjusted]

Year or month

Total manufacturing andtrade

Sales*Inven-

tories2 Ratio3

Manufac-turing

SalesJ Inven-tories 2 Ratio3

Merchantwholesalers

Sales *Inven-

tories 2 Ratio3

Retailtrade

Sales1 Inven-tories 2 Ratio3

19501951195219531954195519561957195819591960196119621963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921992: Jan

FebMarAprMayJune


1993:JanFebMar

June

JulyAugSeptOctNovp

38,59643,35644,84047,98746,44351,69454,06355,87954,20159,72960,82761,15965,66268,99573,68280,28387,18790,91898,794105,812108,352117,023131,227153,881178,201182,412204,386229,786260,755298,328328,112356,909348,771370,501411,427423,940431,786459,107497,031523,729543,097538,609560,383542,949549,893553,453553,683551,496558,715562,128557,117564,197566,536569,412580,840581,584584,903583,575584,943587,930589,990585,626592,598595,804600,304607,689

59,82270,24272,37776,12273,17579,51687,30489,05287,05592,09794,71995,580101,049105,463111,504120,929136,824145,681156,611170,400178,594188,991203,227234,406287,144288,992318,345350,706400,931452,640510,126547,181575,504591,875651,551665,835664,624711,725767,538813,793837,445833,518849,117830,003830,846832,300835,805835,685839,937843,411844,942844,032845,196846,912849,117851,190854,715859,094862,478864,198864,227863,612865,939867,395869,709874,465

1.361.551.581.581.601.471.551.591.611.54

1.561.561.541.531.511.511.571.601.591.611.651.611.551.521.611.581.561.531.541.521.551.531.671.561.531.551.551.501.491.531.531.541.501.531.511.501.511.521,501.50i.521.501.491.491.461.461.461.471.471.471.461.471.461.461.451.44

18,63421,71422,52924,84323,35526,48027,74028,73627,24830,28630,87830,92233,35835,05837,33140,99544,87046,48650,22953,50152,80555,90663,02772,93184,79086,58998,797113,201126,905143,936154,391168,129163,351172,547190,682194,538194,657206,326223,541232,724239,459235,518244,511235,239239,081242,011242,706241,804246,459246,259241,716246,078245,459248,525256,609252,845256,800258,979255,114254,007258,299251,680256,556260,088260,471265,574

31,07839,30641,13643,94841,61245,06950,64251,87150,20352,91353,78654,87158,17260,02963,41068,20777,98684,64690,56098,145101,599102,567108,121124,499157,625159,708174,636188,378211,691242,157265,215283,413311,852312,379339,516334,799322,669338,075367,422386,911399,068386,348379,238384,828383,771383,508382,502383,404382,908383,369385,186384,013383,095381,055379,238378,624379,232379,539380,307381,591381,326381,561381,392380,689380,301380,181

1.481.661.781.761.811.621.731.801.841.751.741.771.741.711.701.661.741.821.801.831.921.831.721.711.861.841.771.661.671.681.721.691.951.781.731.731.681.591.581.641.651.671.571.641.611.581.581.591.551.561.591.561.561.531.481.501.481.471.491.501.481.521.491.461.461.43

7,6958,5978,7829,0528,9939,89310,51310,47510,25711,49111,65611,98812,67413,38214,52915,61116,98719,67521,12122,94024,29826,61930,01138,31948,27146,84850,93456,40966,84979,67893,977102,26796,357100,440113,502114,816116,326124,340135,357144,158149,489147,635152,337148,745149,749151,394150,726148,586151,021153,762152,241153,551154,211153,759155,297159,507158,987157,206159,291162,187159,095160,531161,459160,710161,284162,971

9,2849,88610,21010,68610,63711,67813,26012,73012,73913,87914,12014,48814,93616,04817,00018,31720,76525,78627,16629,80033,35436,56840,29746,91858,66757,77464,62273,17986,93499,679123,833131,049129,024131,663144,223149,155155,445165,814180,519188,539196,901201,285209,232200,956201,423201,463201,687200,997204,373205,058205,399205,264206,655208,416209,232210,139209,765210,503211,860212,190212,058213,244215,199215,103214,991216,094

1.071.161.121.171.181.131.191.231.241.211.211.211.181.201.171.171.221.311.291.301.371.371.341.221.221.231.271.301.301.251.321.281.361.281.231.281.321.291.301.291.291.341.341.351.351.331.341.351.351.331.351.341.341.361.351.321.321.341.331.311.331.331.331.341.331.33

12,26813,04613,52914,09114,09515,32115,81116,66716,69617,95118,29418,24919,63020,55621,82323,67725,33024,75727,44529,37131,24934,49738,18942,63145,14148,97554,65560,17667,00274,71379,74386,51489,06297,514107,243114,586120,803128,442138,133146,847154,149155,456163,535158,965161,063160,048160,251161,106161,235162,107163,160164,568166,866167,128168,934169,232169,116167,390170,538171,736172,596173,415174,583175,006178,549179,144

19,46021,05021,03121,48820,92622,76923,40224,45124,11325,30526,81326,22127,94129,38631,09434,40538,07335,24938,88542,45543,64149,85654,80962,98970,85271,51079,08789,149102,306110,804121,078132,719134,628147,833167,812181,881186,510207,836219,597238,343241,476245,885260,647244,219245,652247,329251,616251,284252,656254,984254,357254,755255,446257,441260,647262,427265,718269,052270,311270,417270,843268,807269,348271,603274,417278,190

1.381.641.521.531.511.431.471.441.441.411.471.441.421.431.421.451.501.421.421.451.401.451.441.481.571.461.451.481.531.481.521.531.491.441.491.521.561.561.541.591.561.551.551.541.531.551.571.561.571.571.561.551.531.541.541.551.571.611.591.571.571.551.541.551.541.55

1 Annual data are averages of monthly not seasonally adjusted figures.2 Seasonally adjusted, end of period. Inventories beginning January 1982 for manufacturing and December 1980 for wholesale and

retail trade are not comparable with earlier periods.3 Inventory/sales ratio. Annual data are-, beginning 1982, averages of monthly ratios; for 1958-81, ratio of December inventories to

monthly average sales for the year; and for earlier years, weighted averages. Monthly data are ratio of inventories at end of month tosales for month.

Note.—Earlier data are not strictly comparable with data beginning 1958 for manufacturing and beginning 1967 for wholesale andretail trade.



TABLE B-57.—Manufacturers' shipments and inventories, 1950-93

[Millions of dollars; monthly data seasonally adjusted]

Year or month

Shipmentsx

Total

Durablegoodsindus-tries

Nondur-able

goodsindus-tries

Inventories2

Total

Durable goods industries

Total

Mate-rialsand

supplies

Work inprocess

Finishedgoods

Nondurable goods industries

Total

Mate-rialsand

supplies

Workin

proc-ess

Finishedgoods

1950195119521953195419551956195719581959

19601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982.....19831984198519861987198819891990199119921993 "..1992: Jan


1993:JanFebMarAprMayJune

JulyAugSeptOctNov "Dec p

18,63421,71422,52924,84323,35526,48027,74028,73627,24830,286

30,87830,92233,35835,05837,33140,99544,87046,48650,22953,501

52,80555,90663,02772,93184,79086,58998,797113,201126,905143,936

154,391168,129163,351172,547190,682194,538194,657206,326223,541232,724

239,459235,518244,511258,523235,239239,081242,011242,706241,804246,459246,259241,716246,078245,459248,525256,609

252,845256,800258,979255,114254,007258,299

251,680256,556260,088260,471265,574269,227

8,84510,49311,31313,34911,82814,07114,71515,23713,55315,597

15,87015,60117,24718,25519,61122,19324,61725,23327,62429,403

28,15629,92433,98739,63544,17343,59850,62359,16867,73175,927

77,41983,72779,21285,48197,940101,279103,238108,128117,993121,703122,387119,151125,553135,982

120,173122,865124,665124,249123,113126,166

125,083124,246125,873126,425128,720134,228

130,805134,133135,537132,763132,307135,042129,257134,521137,521138,153142,665146,002

9,78911,22111,21611,49411,52712,40913,02513,49913,69514,689

15,00815,32116,11116,80317,72018,80220,25321,25322,60524,098

24,64925,98229,04033,29640,61742,99148,17454,03359,17468,009

76,97284,40284,13987,06692,74293,25991,41998,198105,549111,022

117,072116,367118,958122,542

115,066116,216117,346118,457118,691120,293121,176117,470120,205119,034119,805122,381

122,040122,667123,442122,351121,700123,257

122,423122,035122,567122,318122,909123,225

31,07839,30641,13643,94841,61245,06950,64251,87150,20352,913

53,78654,87158,17260,02963,41068,20777,98684,64690,56098,145

101,599102,567108,121124,499157,625159,708174,636188,378211,691242,157

265,215283,413311,852312,379339,516334,799322,669338,075367,422386,911399,068386,348379,238377,941

384,828383,771383,508382,502383,404382,908

383,369385,186384,013383,095381,055379,238

378,624379,232379,539380,307381,591381,326

381,561381,392380,689380,301380,181377,941

15,53920,99123,73125,87823,71026,40530,44731,72830,19432,012

32,33732,49634,56535,77638,42142,18949,85254,89658,73264,598

66,65166,13670,06781,192101,493102,590111,988120,877138,181160,734

174,788186,443200,444199,854221,330218,212212,006220,776241,402256,065

259,988249,117237,717236,370248,183246,482245,703244,355244,213243,625

242,976243,597242,122240,909239,407237,717

236,332237,034236,849237,043237,734237,514

237,937237,688237,571237,632237,886236,370

8,9667,8949,19410,41710,6089,97010,709

10,30610,24610,79411,05311,94613,29815,46416,42317,34418,63619,14919,67920,80725,94435,07033,90337,45740,18645,19852,670

55,17357,99859,13660,32566,03164,00561,40963,61469,38871,942

72,78869,98768,16568,38869,82769,36668,87268,81168,90969,477

68,87569,37169,39968,44268,26768,165

67,70767,83967,86468,08968,40168,163

68,35768,67868,44168,52268,67068,388

10,7209,72110,75612,31712,83712,40813,086

12,80913,21114,12414,83516,15818,05521,90824,93327,21330,282

29,74528,55030,71335,49042,53043,22746,07450,22658,84869,325

76,94580,99886,70786,89998,25198,08596,926102,328112,380121,919

122,520115,107107,140105,364

114,334113,342112,867111,601111,346110,257

109,482109,507108,406108,730107,472107,140

106,426106,552106,071105,671106,042106,306

106,545106,463106,704106,943106,119105,364

6,2066,0406,3487,5658,1257,8168,217

9,2229,0399,6479,88810,31710,83612,48013,54014,17515,68017,75717,90718,54719,75823,89325,46028,45730,46534,13538,739

42,67047,44754,60152,63057,04856,12253,67154,83459,63462,204

64,68064,02362,41262,61864,02263,77463,96463,94363,95863,891

64,61964,71964,31763,73763,66862,412

62,19962,64362,91463,28363,29163,04563,03562,54762,42662,16763,09762,618

15,53918,31517,40518,07017,90218,66420,19520,14320,00920,901

21,44922,37523,60724,25324,98926,01828,13429,75031,82833,547

34,94836,43138,05443,30756,13257,11862,64867,50173,51081,423

90,42796,970111,408112,525118,186116,587110,663117,299126,020130,846139,080137,231141,521141,571

136,645137,289137,805138,147139,191139,283

140,393141,589141,891142,186141,648141,521

142,292142,198142,690143,264143,857143,812143,624143,704143,118142,669142,295141,571

8,3178,1678,5568,9718,7758,6769,094

9,0979,5059,83610,00910,16710,48711,19711,76012,32812,753

13,16813,68614,67718,14723,74423,56525,84727,38729,61932,814

36,60638,16544,03944,81645,69244,08742,30945,28749,03049,632

51,60651,55652,19451,976

51,24951,36251,49651,65151,82152,18852,61652,47152,55452,52852,13752,194

52,28652,12152,32952,67252,96553,05552,64752,59452,48952,25952,36351,976

2,4722,4402,5712,7212,8642,8272,942

2,9473,1083,3043,4203,5313,8254,2264,4314,8525,120

5,2715,6785,9986,7298,1898,8349,92910,96112,08513,910

15,88416,19418,61218,69119,32819,44518,12419,27920,44621,26122,44721,88622,88723,46122,10322,23322,25922,48022,47422,529

22,50622,77322,90322,81722,75922,887

22,96223,16123,12823,09922,99023,097

23,20223,28023,32923,43723,47723,461

7,4097,4157,6668,6228,6248,5068,865

9,4059,76210,46710,82411,29111,70612,71113,55914,64815,674

16,50917,06717,37918,43124,19924,71926,87229,15331,80634,699

37,93742,61148,75749,01853,16653,05550,23052,73356,54459,95365,02763,78966,44066,134

63,29363,69464,05064,01664,89664,56665,27166,34566,43466,84166,75266,440

67,04466,91667,23367,49367,90267,660

67,77567,83067,30066,97366,45566,134

1 Annual data are averages of monthly not seasonally adjusted figures.2 Seasonally adjusted, end of period. Data beginning 1982 are not comparable with data for prior periods.

Note.—Data beginning 1958 are not strictly comparable with earlier data.



TABLE B-58.—Manufacturers' new and unfilled orders, 1950-93

[Amounts in millions of dollars; monthly data seasonally adjusted]

Year or month

19501951195219531954195519561957195819591960196119621963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993"1992 Jan


1993 JanFebMarMayJuneJulyAugSeptOctNov"Dec ".

New ordersl

Total

20 11023,90723 20423 58622,33527 46528,36827 55927,19330,71130,23231,11233,44035 51138,24042,13746,42047 06750,65753,99052,02255,92164,18276,00387,32785,13999,513115,109131,629147,604156,359168,025162,140175,451192,879195,706195,204209,389227,026235,932240,646234,354241,545255,719233,924234,439239,462241,747238,933243,914241,079237,230240,685244,882243,106256,727253,626257,250253,007252,369248,335255,462250,566253,461255,309258,270262,773266,019

Durable goodsindustries

Total

1016512,84112 0611214710,76814 99615,3651411113,38715,97915,28815,75317,36318 67120,50723,28626,16325 80328,05129,87627,34029,90535,03842,62746,86241,95751,30761,03572,27879,48379,39283,65478,06488,140100,164102,356103,647110,809121,445124,933123,556117,878122,614133,300118,996118,369121,882123,221120,522123,746119,846120,007120,608125,656123,096134,348131,266134,533129,903129,838126,783132,252128,520131,752133,176136,613139,675142,658

Capitalgoodsindus-tries,non-

defense

6,3147,0466,0726,6827,7459,92611,5949,88611,49013,68117,58821,15421,13521,80619,21319,62423,66924,54523,98326,09530,72932,72532,25429,46829,65331,90129,46028,89731,65529,65329,77830,16828,73227,48629,80130,12926,80432,27528,64532,74829,12230,45329,93133,85030,09331,99230,99232,82534,87835,366

Non-durablegoods

industries

9 94511,066111431143911,56612 46913,00313 44813,80514,73214,94415,35916,07816 84017,73218,85120,2582126522,60624,11424,68226,01629,14433,37640,46543,18148,20654,07359,35168,12176,96784,37184,07787,31192,71593,35191,55798,579105,581110,999117,090116,476118,932122,419114,928116,070117,580118,526118,411120,168121,233117,223120,077119,226120,010122,379122,360122,717123,104122,531121,552123,210122,046121,709122,133121,657123,098123,361

Unfilled orders2

Total

4145667,26675 85761 17848,26660 00467,3755318346,60951,71744,21346,62447,79853 41764,51878,24996,846103 711108,377114,341105,008105,247119,349156,561187,043169,546178,128202,024259,169303,593327,416326,547311,887347,273373,529387,095393,412430,288471,951510,459524,846511,122475,304442,111509,807505,165502,616501,657498,786496,241491,061486,575481,182480,605475,186475,304476,085476,535470,563467,818462,146459,309458,195455,100450,321448,120445,319442,111

Durablegoods

industries

35 43563^39472 68058'63745,25056 24163,88050 35243,80748,36941,65043,58245,17050 34661,31574,45993,00299 735104,393110,161100,412100,225113,034149,204181,519161,664169,857193,323248,281291,321315,202314,707300,798333,114359,651372,027376,622408,602450,002488,780502,914487,892452,383420,646486,715482,219479,436478,408475,817473,397468,160463,921458,656457,887452,263452,383452,844453,244447,610444,685439,161436,371435,634432,865428,520426,980423,990420,646

Non-durablegoods

industries

6 0213,8723 1772 5413,0163 7633,4952 8312,8023,3482,5633,0422,6283 0713,2033,7903,8443,9763,9844,1804,5965,0226,3157,3575,5247,8828,2718,70110,88812,27212,21411,84011,08914,15913,87815,06816,79021,68621,94921,67921,93223,23022,92121,46523,09222,94623,18023,24922,96922,84422,90122,65422,52622,71822,92322,92123,24123,29122,95323,13322,98522,93822,56122,23521,80121,14021,32921,465

Unfilled orders—shipments

Total

3.423.633.873 353.022.942.712.582.642 742.993.253.743.663.793.713.613.323.263.804.093.693.243.243.573.893.853.873.843.533.603.673.593.633.644.004.144.083.463.044.003.923.843.843.863.743.713.753.653.653.573.463.563.513.423.463.423.333.413.303.223.213.123.04

IdllU"

Durablegoods

industries

4.124.274.554.003.623.473.293.083.183.313.593.864.484.374.584.454.364.003.854.514.934.453.883.854.204.624.584.684.744.294.374.464.404.424.454.915.135.064.213.644.914.814.714.714.754.584.564.594.464.474.354.214.354.274.144.204.154.024.173.993.893.893.753.64

Non-durablegoodsindus-tries

0.961.121.04.85.85.92.71.78.68.72.71.79.75.73.69.69.76.76.86.91.62.82.74.71.81.82.75.69.62.69.64.68.70.83.76.78.76.81.77.72.81.80.80.80.79.78.77.79.78.78.78.77.79.79.78.79.78.78.76.76.73.71.72.72

1 Annual data are averages of monthly not seasonally adjusted figures.2 Seasonally adjusted, end of period.3 Ratio of unfilled orders at end of period to shipments for period; excludes industries with no unfilled orders. Annual figures relate

to seasonally adjusted data for December.

Note.—Data beginning 1958 are not strictly comparable with earlier data.



PRICES

TABLE B-59.—Consumer price indexes for major expenditure classes, 1950-93

[For all urban consumers; 1982-84=100]

Year ormonth

19501951 ,19521953195419551956195719581959196019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983..19841985.198619871988198919901991199219931992:Jan

FebMarAprMayJune....JulyAugSept....OctNovDec

1993:JanFebMarAprMayJune....JulyAugSept....OctNovDec

All items(CPI-U)

24.126.026 526.726.926.827.228.128.929.129.629.930.230.631.031.532.433 434.836.738.840.541.844.449.353.856.960.665.272.682 490.996 599.6

103.9107.6109.6113.6118.3124.0130.7136.2140 3144.5138.1138.6139.3139.5139.7140.2140.5140.9141.3141.8142.0141.9142.6143.1143.6144.0144.2144.4144.4144.8145.1145.7145.8145.8

Food andUcvcFdgcS

Totall

35036.238.140.141.443.148.855.560.262.165.872.279.986 793.597.399.5

103.2105.6109.1113.5118.2124.9132.1136.8138 7141.6137.9138.1138.8138.8138.3138.3138.1138.8139.3139.2139.1139.5140.5140.7140.9141.4141.8141.1141.1141.5141.8142.3142.6143.3

Food2

25 428.228 728.328.227.828.028.930.229.730.030.430.631.131.532.233.834135.337.139.240.442.148.255.159.861.665.572.079.986 893.697 499.4

103.2105.6109.0113.5118.2125.1132.4136.3137 91409137.2137.5138.1138.1137.4137.4137.2138.0138.5138.3138.3138.7139.8139.9140.1140.6141.1140.4140.3140.8141.1141.6141.9142.7

Housing

Total

30832.034.036.438.039.441.245.850.753.857.462.470.181190.496.999.5

103.6107.7110.9114.2118.5123.0128.5133.6137 5141.2135.7136.1136.6136.5136.7137.7138.3138.6138.4138.5138.5138.5139.3139.7140.2140.4140.5141.5141.9142.3142.3142.2142.0142.3

Shel-ter 2

22.022.511123.124.024 524.725 225.425.826.126.527.027.828 830.132.635.537.038.740.544.448.851.554.960.568.981090.596.999.1

104.0109.8115.8121.3127.1132.8140.0146.31512155.7149.2149.8150.4150.2150.2151.1151.8152.3151.9152.5152.4152.5153.7154.4154.8155.0154.9155.7156.3156.8156.6156.8156.7157.1

Fuel andother

utilities2

22 522.623.023.624.324 825.426 026.326.326.626.626.626.727 127.428.029.131.132.534.340.745.449.454.758.564.875 486.494.9

100.2104.8106.5104.1103.0104.4107.8111.6115.3117 8121.3116.2115.9115.8115.8116.8119.0119.4119.4119.8118.5118.3118.7119.2118.4119.5119.6120.5122.9123.2123.3123.9122.4121.2121.7

UmiooHouse-hold

furnish-ingsand

oper-ation

42 043.645.246.848.649.751156.863.467.370.474.779.986 393.098 0

100.2101.9103.8105.2107.1109.4111.2113.3116.0118 0119.3116.7117.3117.7118.0117.9118.2118.4118.3118.3118.4118.5118.2118.2118.6118.7119.2119.1119.1118.8119.2119.6120.0120.3120.3

Appareland

upkeep

40 343 943 543143.142.943.744.544.645.045 746.146.346.947.347.849.051053.756.859.261.162.364.669.472.575.278.681.484.990 995.397.8

100.2102.1105.0105.9110.6115.4118.6124.1128.71319133.7127.9130.2133.4133.3133.1131.0129.2130.2133.3135.0134.5131.4129.7133.4136.2136.9135.0131.9129.4131.9134.6136.1136.2132.6

Trans-por-ta-

tion2

22 724125 726 526.125.826.227.728.629.829 830.130.830.931431.932.333 334.335.737.539.539.941.245.850.155.159.061.770.583193.297.099.3

103.7106.4102.3105.4108.7114.1120.5123.8126 5130.4124.5124.1124.4125.2126.3126.9127.2126.9126.8128.0129.2129.0129.1129.2129.0129.4130.2120.3130.3130.2130.1131.8132.6132.1

Medicalcare2

15 115916 717317 818 218.919.720 621.522 322 923.524.124 625.226.328 229.931.934.036.137.338 842.447.552.057.061.867.574 982.992 5

100.6106.8113.5122.0130.1138.6149.3162.8177.0190 1201.4184.3186.2187.3188.1188.7189.4190.7191.5192.3193.3194.3194.7196.4198.0198.6199.4200.5201.1202.2202.9203.3204.4204.9205.2

Enter-tainment

40 743.045.247.550.051.552.956.962.065.168.371.976.783 690.196.0

100.1103.8107.9111.6115.3120.3126.5132.4138.4142 3145.8140.1140.7141.2142.0142.0142.0142.4142.6143.2143.5143.7143.8144.3144.5144.8145.3145.0145.5145.3145.8146.6147.3147.7147.8

Othergoodsand

services

35 136.938.740.942.944.746.449.853.957.060.464.368.975 282.691.1

101.1107.9114.5121.4128.5137.0147.7159.0171.6183 3192.9178.6179.4179.8180.3181.3181.5182.3183.9187.0187.9188.0189.1191.0191.5192.0192.4193.2193.1193.7193.4193.1193.4193.8194.2

Ener-gy 3

21.521.521.922.422.522.622.622.522.923.323 824.224.825.526.527.229.438.142.145.149.452.565.786.097.799 299.9

100.9101.688.288.689.394.3

102.1102.5103.0104.2100.199.098.999.5

102.4105.9106.0105.4105.9104.5104.5103.9103.4102.2102.5103.1104.4106.5105.8105.2105.2105.4103.7102.4

1 Includes alcoholic beverages, not shown separately.2 See table B-60 for components.3 Household fuels—gas (piped), electricity, fuel oil, etc.—and motor fuel. Motor oil, coolant, etc. also included through 1982. See

table B-60 for the components.Note.—Data beginning 1983 incorporate a rental equivalence measure for homeowners' costs.Source: Department of Labor, Bureau of Labor Statistics.


TABLE B-60.—Consumer price indexes for selected expenditure classes, 1950-93

[For all urban consumers; 1982-84 = 100, except as noted]

Year or month

1950195119521953195419551956195719581959196019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992.1993

1992: JanFeb ..MarAprMayJuneJulyAugSeptOctNovDec

1993: JanFebMarAprMayJuneJulyAugSeptOct.NovDec

Food and beverages

Total »

35.036.238.140141.443148.855 560.262 165 872.279.986.793.597.399.5103.2105.61091113.5118.2124.9132.1136.8138 7141.6

137.91381138.8138.8138.3138.3138.1138.8139.3139 2139.1139.5140.5140.7140.91414141.8141.1141.1141.5141.8142.3142.6143.3

Food

Total

25 428.228 728 328.227 828 028 930.229.730.030 430.631131.532 233.834.135.337.139 240.442.148.255.159.861.665 572.079.986.893.697.499.4103.2105.6109 0113.5118.2125.1132.4136.3137.9140.9

137.2137.5138.1138.1137.4137.4137.2138.0138.5138 3138.3138.7139.8139.9140.1140 6141.1140.4140.3140.8141.1141.6141.9142.7

Athome

27 330.330 830 330129 529 630 632.031.231.531832.032 432.733 535 235.136.338.039 940.942.749.757.161.863.166 873.881.888.494.898.199.1102.8104.3107.3111.9116.6124.2132.3135.8136.8140.1

136.4136 6137.5137.4136.2136.1135.7136.9137.4137 2137.0137.5139.1139.1139.4140 0140.7139.3139.1139.7140.0140.8141.2142.3

Awayfromhome

21 521922122.623 424.124.825.426 026.727 327.828 429 731.332.934.937 539.441044.249.854.558.262 668.375.983.490.995.8100.0104.2108.3112 5117.0121.8127.4133.4137.9140.7143.2

139.7139.9140.1140.2140.4140.7140.8141.0141.21413141.5141.6142.0142.2142.4142 7142.9143.2143.4143.6143.8144.0144.2144.3

Shelter

Total

22 022 522 723 124 024 524.725.225 425.826 126.527 027 828.830.132.635 537.038.740.544 448.851554 960.568.981.090.596 999.1104.0109.8115 8121.3127.1132.8140.0146.3151.2155.7

149.2149 8150.4150.2150.2151.1151.8152.3151.9152 5152.4152.5153.7154.4154.8155 0154.9155.7156.3156.8156.6156.8156.7157.1

Renters

Total2

"'iifto108.6115.41219128.1133.6138.9146.7155.6160.9165.0

158.8160.2161.2160.1159.5161.0162.8163.5161.71617160.6160.2162.5164.4165.2164 9164.2165.2166.8167.3165.3165.4164.4164.4

costs

Rent,resi-

dential

29 730.932 233 935.135 636.337 037 638.238.739 239.740 140.540 941542.243.344.746 548.750.452.555 258.061 164 869.374.380.987.994.6100.1105.3111.81183123.1127.8132.8138.4143.3146.9150.3

145.4145.6146.4146.2146.3146.6147.0147.0147.2148 0148.6148.6148.9149.1149.1149 7149.9150.3150.4150.8151.0151.4151.6151.9

Home-owners'costs 2

""102:5107.3113.11194124.8131.1137.3144.6150.2155.3160.2

153.2153 5154.1154.2154.4155.0155.5155.8156.0156 8157.2157.5158.2158.5158.7159 2159.4160.1160.3160.8161.4161.6162.0162.5

Mainte-nanceand

repairs

20 520.921422.323 223 624.024.424 825.025 325.826 327.528.930.633.235 838.640.643.649.554.157.662 067.274.082.490.796.499.9103.7106.5107.9111.8114.7118.0122.2126.3128.6130.6

128.0128.3128.4128.0128.1128.5128.8128.1128.5129.4129.5129.3129.7130.5131.51318131.6131.2131.3131.6131.3130.8127.9127.6

Fuel and other utilities

Total

22 522.623 023 624 324.825.426.026 326.326 626.626 626 727.127.428.029 131.132 534.340 745.449.454 758.564.875.486.494 9100.2104.8106.5104 1103.0104.4107.8111.6115.3117.8121.3

116.2115 9115.8115.8116.8119.0119.4119.4119.8118 5118.3118.7119.2118.4119.5119 6120.5122.9123.2123.3123.9122.4121.2121.7

Fuels

Total

"'21.4'21.722.123124.725 727.534.439.443.349 053.061.374.887.295.6100.5104 0104.599.297.398.0100.9104.5106.7108.1111.2

106.6105.9105.2105.1106.5110.2110.4110.3111.1108.7108.2108.9109.2107.5108.6108 8110.3114.1114.2114.1114.8112.1110.1110.7

Fuel oilandotherhouse-holdfuelcom-

modities

11 311.812 112 612.612 713.314 013.713.913.814 114.214 414.414 615.015.516.016.317 018.218.321.133.236.438.843 946.262.486.1104.6103.497.299.495.977.677.978.181.799.394.690.790.3

92.091.590.589.989.890.190.089.789.791.492.191.892.392.592.892 691.390.489.187.887.989.189.488.3

Gas(piped)andelec-tricity(energyserv-ices)

19 219.319 519.920.220.720.921.121.922.423.323 523.523 523.523 523.623.723.924.325 427.128.529.934.540.144.750 555.061.071.481.993.2101.5105.4107.1105 7103.8104.6107.5109.3112.6114.8118.5

112.8112 0111.5111.3113.0117.4117.6117.5118.5115 4114.8115.6115.9113.8115.1115 3117.3122.0122.2122.2123.1119.7117.3118.1

Otherutilitiesand

publicservices

A6£47.148.450 053.456 257.860.763.967.770 873.774.377.084.393.399.5107.2112.1117.9120.1122.9127.1131.7137.9142.5147.0

140.5141.2141.7142.2142.4142.2143.1143.3143.0143 4143.7143.6144.3145.3146.3146 2146.3146.5147.1147.8148.1148.4148.6148.8

1 Includes alcoholic beverages, not shown separately.2 December 1982 = 100.See next page for continuation of table.


TABLE B-60.—Consumer price indexes for selected expenditure classes, 1950-93—Continued

[For all urban consumers; 1982-84=100, except as noted]

Year or month

Transportation

Total

Private transportation

Total3 Newcars

Usedcars

Motorfuel4

Auto-mobilemainte-nanceand

repair

Other

Publictranspor-

tation

Medical care

Total

Medicalcarecom-

modities

Medicalcare

services

1950195119521953195419551956195719581959

1960196119621963196419651966196719681969

1970197119721973197419751976197719781979

1980198119821983198419851986198719881989

1990199119921993


July •AugSeptOctNovDec



22.724.125.726.526.125.826.227.728.629.829.830.130.830.931.431.932.333.334.335.737.539.539.941.245.850.155.159.061.770.583.193.297.099.3103.7106.4102.3105.4108.7114.1

120.5123.8126.5130.4

124.5124.1124.4125.2126.3126.9127.2126.9126.8128.0129.2129.0129.1129.2129.0129.4130.2130.3130.3130.2130.1131.8132.6132.1

24.525.627.327.827.126.727.128.629.530.830.630.831.431.632.032.532.933.834.836.037.539.439.741.046.250.655.659.762.571.784.293.897.199.3103.6106.2101.2104.2107.6112.9118.8121.9124.6127.5

122.5122.0122.2122.9124.3125.4125.5125.4125.4126.1127.0126.7126.6126.5126.3126.8127.5127.6127.4127.3127.1129.0129.5128.6

41.143.146.847.246.544.846.148.550.052.251.551.551.351.050.949.748.849.350.751.553.055.254.754.857.962.966.970.475.881.888.493.797.499.9

102.8106.1110.6114.6116.9119.2121.0125.3128.4131.5

128.0128.1128.2128.2128.4128.2127.8127.6127.4128.2129.7130.5130.9130.9130.9131.1131.3131.0130.9130.8130.6131.9133.4134.2

26.722.721.520.723.224.026.825.026.028.428.730.029.829.029.9

31.233.033.135.236.743.850.354.755.860.262.376.988.898.7

112.5113.7108.8113.1118.0120.4117.6118.1123.2133.9

117.8116.1115.7117.9120.5123.1124.8126.4127.7129.1129.9129.0127.4126.0126.6128.7131.5134.3136.1137.5138.7139.8140.7139.3

19.019.520.021.221.822.122.823.823.423.724.424.124.324.224.125.125.626.426.827.627.928.128.431.242.245.147.049.751.870.197.4

108.5102.899.497.998.777.180.280.988.5

101.299.499.098.0

94.592.993.495.099.4

102.9102.8101.7101.7101.6102.2100.2

98.698.097.398.499.799.898.197.096.199.798.494.8

18.920.420.822.022.723.224.225.025.426.026.527.127.527.828.228.729.230.432.134.136.639.341.143.247.653.757.661.967.073.781.589.296.0

100.3103.8106.8110.3114.8119.7124.9130.1136.0141.3145.9

139.0139.7140.3140.5140.8141.2141.4141.6142.2142.5142.8143.2143.4144.3144.7145.2145.4145.8146.2146.2146.8147.1147.4147.7

37.939.241.645.248.648.948.450.253.561.867.269.975.284.391.497.798.8

103.5109.0115.1120.8127.9135.8142.5149.1153.2156.8

152.4152.2152.2152.4152.5152.6153.0153.1152.7154.4155.3155.5156.5156.8156.3156.1156.1155.8156.0156.4156.1157.8159.1159.0

13.414.815.816.818.018.519.219.920.921.522.223.224.024.324.725.226.127.428.730.935.237.839.339.740.643.547.850.051.554.969.085.694.999.5

105.7110.5117.0121.1123.3129.5142.6148.9151.4167.0

151.5150.7153.5154.7151.6145.3148.3146.7145.6152.9157.4158.2161.6164.1163.5162.8165.5164.5167.7168.1168.4168.2173.0176.5

15.115.916.717.317.818.218.919.720.621.522.322.923.524.124.625.226.328.229.931.934.036.137.338.842.447.552.057.061.867.574.982.992.5

100.6106.8113.5122.0130.1138.6149.3162.8177.0190.1201.4

184.3186.2187.3188.1188.7189.4190.7191.5192.3193.3194.3194.7196.4198.0198.6199.4200.5201.1202.2202.9203.2204.4204.9205.2

39.740.841.241.542.042.543.444.646.146.846.946.345.645.245.145.045.144.945.045.446.547.347.447.549.253.356.560.264.469.075.483.792.3

100.2107.5115.2122.8131.0139.9150.8163.4176.8188.1195.0

183.0185.1186.7187.9187.6188.0188.6188.9189.5189.8190.4191.1191.8193.2193.9193.7194.2194.7195.7196.1196.2196.6196.6197.0

12.813.414.314.815.315.716.317.017.918.719.520.220.921.522.022.723.926.027.930.232.334.735.937.541.446.651.356.461.267.274.882.892.6

100.7106.7113.2121.9130.0138.3148.9162.7177.1190.5202.9

184.6186.4187.4188.1188.9189.7191.1192.2192.9194.2195.2195.6197.5199.1199.7200.7202.0202.6203.8204.5205.0206.2206.8207.1

3 Includes other new vehicles, not shown separately. Includes direct pricing of new trucks and motorcycles beginning September1982.

4 Includes direct pricing of diesel fuel and gasohol beginning September 1981.5 Not available.




TABLE B-61.—Consumer price indexes for commodities, services, and special groups, 1950-93

[For all urban consumers; 1982-84 = 100, except as noted]

Year or month All items(CPI-U)

Commodities

Allcom-

moditiesFood

Com-modities

lessfood

Services

Allservices

Medi-cal

careserv-ices

Serv-icesless

medi-cal

careserv-ices

Special indexes

Allitemslessfood

Allitemsless

energy

Allitemslessfoodand

energy

Allitemslessmedi-calcare

CPI-U-X1(all items)(Dec. 1982= 97.6)J

195019511952195319541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931992: Jan

FebMar

ffljZZZZ.JuneJulyAugSeptOctNovDec

1993:JanFebMar

May'.'.".'.'.'.!"'.!JuneJulyAugSeptOctNovDec

24.126.026.526.726.926.827.228.128.929.129.629.930.230.631.031.532.433.434.836.738.840.541.844.449.353.856.960.665.272.682.490.996.599.6103.9107.6109.6113.6118.3124.0130.7136.2140.3144.5138.1138.6139.3139.5139.7140.2140.5140.9141.3141.8142.0141.9142.6143.1143.6144.0144.2144.4144.4144.8145.1145.7145.8145.8

29.031.632.031.931.631.331.632.633.333.333.633.834.134.434.835.236.136.838.139.941.743.244.547.853.558.260.764.268.876.686.093.297.099.8103.2105.4104.4107.7111.5116.7122.8126.6129.1131.5127.2127.6128.4128.8129.1129.2129.0129.3129.9130.3130.5130.1130.4130.9131.4131.9132.0131.4130.9131.1131.3132.3132.5132.0

25.428.228.728.328.2127.828.0!28.930.229.730.030.430.631.131.532.233.834.135.337.139.240.442.148.255.159.861.665.572.079.986.893.697.499.4103.2105.6109.0113.5118.2125.1132.4136.3137.9140.9137.2137.5138.1138.1137.4137.4137.2138.0138.5138.3138.3138.7139.8139.9140.1140.6141.1140.4140.3140.8141.1141.6141.9142.7

31.433.834.134.233.833.633.934.935.335.836.036.136.336.636.937.237.738.640.041.743.445.146.147.752.857.660.563.867.575.385.793.196.9100.0103.1105.2101.7104.3107.7112.0117.4121.3124.2126.3121.6122.1123.0123.5124.4124.5124.3124.3125.1125.7126.1125.3125.1125.8126.4127.0126.9126.3125.5125.7125.9127.1127.3126.1

16.917.818.619.420.020.420.921.822.623.324.124.525.025.526.026.627.628.830.332.435.037.038.440.143.848.052.056.060.867.577.988.196.099.4104.6109.9115.4120.2125.7131.9139.2146.3152.0157.9149.6150.1150.7150.8150.9151.7152.5153.0153.2153.7154.0154.2155.2155.8156.2156.5156.9157.8158.4159.0159.3159.5159.6160.0

12.813.414.314.815.315.716.317.017.918.719.520.220.921.522.022.723.926.027.930.232.334.735.937.541.446.651.356.461.267.274.882.892.6100.7106.7113.2121.9130.0138.3148.9162.7177.1190.5202.9184.6186.4187.4188.1188.9189.7191.1192.2192.9194.2195.2195.6197.5199.1199.7200.7202.0202.6203.8204.5205.0206.2206.8207.1

22.823.624.225.025.425.926.326.827.428.329.330.832.935.637.538.940.644.348.352.255.960.767.578.288.796.499.2104.4109.6114.6119.1124.3130.1136.8143.3148.4153.6146.3146.6147.1147.2147.3148.1148.8149.2149.4149.9150.1150.3151.2151.7152.1152.3152.6153.6154.1154.7155.0155.1155.2155.6

23.825.325.926.426.626.627.128.028.629.229.730.030.330.731.131.632.333.434.936.839.040.842.043.748.052.556.059.663.971.281.590.496.399.7

104.0108.0109.8113.6118.3123.7130.3136.1140.8145.1138.3138.8139.5139.7140.1140.7141.1141.4141.8142.4142.7142.5143.1143.7144.2144.6144.8145.1145.2145.6145.9146.4146.6146.4

28.929.729.930.430.731.131.532.032.533.534.435.938.040.342.043.446.150.655.158.261.966.773.481.990.196.199.6

104.3108.4112.6117.2122.3128.1134.7140.9145.4150.0143.3144.0144.7144.9144.9145.0145.3145.8146.2146.9147.1147.1

147.9148.7149.1149.5149.6149.6149.7150.3150.6151.2151.5151.7

28.929.630.230.631.031.431.832.332.733.534.736.338.440.842.744.045.649.453.957.461.065.571.980.889.295.899.6

104.6109.1113.5118.2123.4129.0135.5142.1147.3152.2144.9145.6146.4146.6146.7146.9147.3147.7148.1149.0149.3149.2149.9150.8151.4151.7151.7151.8152.0152.6152.9153.5153.9153.9

28.729.529.830.230.530.831.131.532.033.033.735.137.039.240.842.144.849.854.357.260.865.472.982.891.496.899.6

103.7107.2108.8112.6117.0122.4128.8133.8137.5141.2135.5135.9136.5136.7136.9137.4

137.6138.0138.4138.8139.0138.9139.5140.0140.4140.8141.0141.1141.1141.6141.8142.3142.5142.5

26.228.328.829.029.229.129.630.531.431.632.232.532.833.333.734.235.236.337.739.441.343.144.447.251.956.259.463.267.574.082.390.195.699.6

103.9107.6109.6113.6118.3124.0130.7136.2140.3144.5

1 CPI-U-X1 is a rental equivalence approach to homeowners' costs for the consumer price index for years prior to 1983, the firstyear for which the official index (CPI-U) incorporates such a measure. CPI-U-X1 is rebased to the December 1982 value of the CPI-U(1982-84 = 100); thus it is identical with CPI-U data for December 1982 and all subsequent periods. Data prior to 1967 estimated bymoving the series at the same rate as the CPI-U for each year.

Note.—See Note, Table B-59.Source: Department of Labor, Bureau of Labor Statistics.


TABLE B-62.—Changes in special consumer price indexes, 1958-93

[For all urban consumers; percent change]

Year or month

1958. .195919601961196219631964

196519661967.1968196919701971197219731974

1975197619771978197919801981198219831984198519861987198819891990199119921993

1992-JanFebMarAorMayJuneJulyAugSeptOctNovDec

1993:JanFebMarAprMay

JJuneJulyAugSeptOctNovDec

All items(CPI-U)

Dec.to

Dec1

181.714.7

131.61.0193.5304.76.25.6333.48.7

12.36.9496.790

13.312 58.93.83.83.93.81.14.4444.66.13.1292.7

Yearto

year

28.7

1 71.01 0131.3162.9314.25.55.7443.26.2

11.0

9.1586.576

11.313 510.36.23.24.33.61.93.64 14.85.44.2303.0

All items lessfood

Dec.to

Dec 1

1 82.1101.310161.01635335.05.66.6302.95.6

12.27.36 16.483

14.013 09.84.14.13.94.1

.54.6424.56.33.3322.7

Yearto

year

2 12.1171.010131.3162.2344.55.46.0462.94.09.89.4676.472

11.414 510.96.53.54.33.81.73.54 14.65.34.53 53.1

All items lessenergy

Dec.to

Dec 1

2 11.31.3

13191.31 934324.96.55.4343.58.2

11.7

66486.79 1

11.11178.54.24.54.44.03.84.1474.65.23.9303.1

Yearto

year

28.7

171.013131.61631274.45.86.1423.36.29.88.9566.478

10.011 610.06.73.64.73.93.94.1444.7

5.24.6323.2

All items less foodand energy

Dec.to

Dec 1

1 72.0101.31 3161.21 533385.16.26.63 13.04.7

11.167616.585

11.312 29.54.54.84.74.33.84.2474.45.24.4333.2

Yearto

year

242.0131.31 3131.61224364.65.86.3473.03.68.39.1656.3749.8

12 410.47.44.05.04.34.04.1444.55.04.9373.3

All items lessmedical care

Dec.to

Dec.1

171.4

13.3

13161.0193.4274.76.15.2323.49.1

12.26.74 56.79 1

13.4

12 58.83.63.63.93.5

.74.3424.55.92.7272.6

Yearto

year

2.81.0131.01.01.01.31.63.12.14.25.45.9413.26.4

11.29.05.36.37.6

11.513.610.45.92.94.13.41.53.53.94.65.23.92.82.7

Percent change from preceding period

Unad-justed

0.1.4.51

.1

.4

.23.3.4.1

_ . l.5.4.3.31

.10

.3

.2

.4

.10

Sea-sonally

ad-justed

0.3.2.4.3.1.2.32.1.4.2.1.5.3.1.4.1

0.1.3

0.4.2.2

Unad-justed

01.4.51

.3

.4

.32.3.4.2

- . 1.4.4.3.3.1.2.1.3.2.3.1

- . 1

Sea-sonally

ad-justed

0.3.2.4.3.3.3.31

.1

.5

.3

.1

.4

.4

.2

.3

.1

.1

.1

.30

.4

.1

.1

Unad-justed

04.5.5.1

0.1.23.3.5.1

0.5.5.3.3.1

0.1.4.2.4.2.1

Sea-sonally

ad-justed

0.3.3.3.2.1.2.23.1.4.2.2.5.4.1.4.2.1

.1

.30

.3

.3

.3

Unad-justed

0 3.5.5.1.1.1.3.3.3.6.2

- . 1.5.6.4.2

0.1

.1

.4

.2

.4

.30

Sea-sonally

ad-justed

0.4.3.3.3.3.1.3.2.1.5.3.2.5.5.1.4.2.1

.1

.3

.1

.3

.3

.3

Unad-justed

0.1.3.4.1.1.4.1.3.3.3.1

- . 1.4.4.3.3.1.1

0.4.1.4.1

0

Sea-sonally

ad-justed

0.2.2.4.2.1.2.2.2.1.4.2.1.4.4.1.4.1

- . 1

.1

.20

.4

.2

.1

1 Changes from December to December are based on unadjusted indexes.




TABLE B-63.—Changes in consumer price indexes for commodities and services, 1929-93

[For all urban consumers; percent change]

Year

All items(CPI-U)

Dec.to

Dec1

Yearto

year

Commod-ities

Total

Dec.to

Dec.1

Yearto

year

Food

Dec.to

Dec1

Yearto

year

Serv-ices

Total

Decto

Dec1

Yearto

year

Medical care

Dec.to

Dec1

Yearto

year

Medicalcare2

Dec.to

Dec 1

Yearto

year

Ener-gy3

Dec.to

Dec1

Yearto

year

1929 ...

1933....

1939....

1940....1941....1942...1943....1944....

0.6

-5.1

2.5

6.9

1.2

- 2 . 8

19451946194719481949

1950...1951...1952...1953...1954...

19551956195719581959

19601961196219631964

19651966196719681969

19701971197219731974

19751976197719781979

19801981198219831984

19851986198719881989

1990199119921993

.79.99.03.02.3

2.218.18.83.0

- 2 . 1

5.96.0

.8

.7- . 7

.43.02.91.81.7

1.4.7

1.31.61.0

1.93.53.04.76.2

5.63.33.48.7

12.3

6.94.96.79.0

13.3

12.58.93.83.83.9

3.81.14.44.44.6

6.13.12.92.7

- 1 . 4

.75.0

10.96.11.7

2.38.3

14.48.1

-1 .2

1.37.91.9.8.7

— 41.53.32.8

.7

1.71.01.01.31.3

1.62.93.14.25.5

5.74.43.26.2

11.0

9.15.86.57.6

11.3

13.510.36.23.24.3

3.61.93.64.14.8

5.44.23.03.0

- 0 . 7

1.413.312.94.22.0

2.924.810.3

1.7- 4 . 1

7.85.9

_ 9

- . 32.62.81.2.6

1.20

.91.5.9

1.42.52.54.05.4

3.92.83.4

10.412.8

6.23.36.18.8

13.0

11.06.03.62.92.7

2.5- 2 . 0

4.63.84.1

6.61.22.01.5

- 2 . 0

.76.7

14.59.31.0

3.010.620.5

7.2-2 .7

.79.01.3

- . 3- . 9

- . 91.03.22.10

.9

.6

.9

.91.2

1.12.61.93.54.7

4.53.63.07.4

11.9

8.84.35.87.2

11.3

12.38.44.12.93.4

2.1_ g

3̂ 23.54.7

5.23.12.01.9

- 2 . 5

2.515.717.93.00

3.531.311.3- . 8

- 3 . 9

9.87.1

- 1 . 0- 1 . 1- 1 . 8

- . 72.92.82.4

- 1 . 0

3.1- . 71.32.01.3

3.54.01.24.47.0

2.34.34.6

20.312.0

6.6.5

8.111.810.2

10.24.33.12.73.8

2.63.83.55.25.6

5.31.91.52.9

- 2 . 5

1.79.2

17.611.0

-1 .2

2.414.521.7

8.3- 4 . 2

1.611.01.8

-1 .4- . 4

-1 .4.7

3.24.5

-1 .7

1.01.3.7

1.61.3

2.25.0

.93.55.1

5.73.14.2

14.514.3

8.53.06.39.9

11.0

8.67.84.12.13.8

2.33.24.14.15.8

5.82.91.22.2

2.42.32.32.2

.73.65.65.93.7

3.65.24.44.22.0

2.03.44.22.73.9

2.52.11.62.41.6

2.74.84.35.87.7

8.14.13.46.2

11.4

8.27.28.09.3

13.6

14.213.04.34.85.4

5.14.54.34.85.1

5.74.63.63.8

3.12.32.2

1.51.44.36.15.1

3.05.34.54.33.1

2.02.54.33.73.1

3.41.72.02.02.0

2.33.84.35.26.9

8.05.73.84.49.2

9.68.37.78.6

11.0

15.413.19.03.55.2

5.15.04.24.64.9

5.55.13.93.9

1.2

01.23.55.63.2

3.19.06.46.91.6

4.05.35.83.42.6

3.23.84.84.64.9

3.73.52.92.82.3

3.68.38.07.17.3

8.15.43.76.0

13.2

10.310.89.09.3

10.5

10.112.611.26.25.8

6.87.95.66.98.6

9.98.07.05.9

1.2

003.54.54.3

3.15.18.77.13.3

2.44.76.73.53.4

2.63.84.35.34.5

4.33.63.52.92.3

3.25.38.87.38.2

7.07.43.54.5

10.4

12.610.19.98.59.8

11.310.711.88.76.0

6.17.76.66.47.7

9.38.97.66.5

1.0

01.03.84.62.6

2.68.36.95.81.4

3.45.84.33.52.3

3.33.24.74.53.8

3.23.12.22.52.1

2.86.76.36.26.2

7.44.63.35.3

12.6

9.810.08.98.8

10.1

9.912.511.06.46.1

6.87.75.86.98.5

9.67.96.65.4

1.002.94.73.6

2.65.08.06.72.8

2.05.35.03.62.9

2.23.84.24.64.4

3.72.72.62.62.1

2.44.47.26.06.7

6.66.23.34.09.3

12.09.59.68.49.2

11.010.711.68.86.2

6.37.56.66.57.7

9.08.77.45.9

- 0 . 94.7

1.3- 1 . 3

2.2- . 90

1.81.71.71.72.9

4.83.12.6

17.021.6

11.47.17.27.9

37.5

18.011.91.3

.2

1.8-19.7

8.2

18.1- 7 . 4

2.0- 1 . 4

01.9

2.3.4.4

0- . 4

1.81.72.11.72.5

2.83.92.68.1

29.6

10.57.19.56.3

25.1

30.913.6

1.5.7

1.0

.7-13.2

5.6

8.3.4.5

1.2

1 Changes from December to December are based on unadjusted indexes.2 Commodities and services.3 Household fuels—gas (piped), electricity, fuel oil, etc.—and motor fuel. Motor oil, coolant, etc. also included through 1982.




TABLE B-64.—Producer price indexes by stage of processing, 1947-93

[1982 = 100]

Year or month

19471948194919501951195219531954195519561957195819591960196119621963 .. ..1964196519661967196819691970197119721973197419751976197719781979198019811982 . ..198319841985198619871988198919901991199219931992-Jan

FebMarAprMay .. .JuneJulyAugSeptOctNovDec

1993-JanFebMarApr .MayJuneJulyAug 1SeptOctNovDec

Finished goods

Totalfinishedgoods

26.428 527.728.230.830.630.330 430.531332.533 233.133.433.433.533.433 534.135 235.636.638.039.340.541.845.652 658.260.864.769 877.688 096.1100.0101.6103.7104.7103.2105.4108.0113.6119.21217123 2124.7121.8122 1122.2122.4123.2123 9123.7123.6123 3124.4124.0123.8124 2124.5124.7125.5125.8125.5125.3124 2123.9124 7124.4124.1

Consumer foods

Total

31.934 932.132.736.736.434.534 233.433 334.436 534.835.535.435.735.335 436.839 238.540.042.443.844.546.956.564 469.869.673.379 987.392 497.8100.0101.0105.4104.6107.3109.5112.6118.7124.4124 1123 3125.7122.5123 4123.3122.8123.1123 1122.8123.4123.3123.8123.4124.2124 3124.5124.8126.5126.9125.4125.0125 4125.6125 5126.7127.2

I

Crude

39.342 440.136.541.944.641.637 539.139138.541037.339.838.038.437.838 939.041539.642.545.946.045.848.063.671671.776.779.585 892.393 9104.4100.0102.4111.4102.9105.6107.1109.8. 119.6123.0119 3107 6114.3109.7118 7115.8105.298.696 397.3104.5104 6113.0110.4117.4114 8114.5113.8126.5125.2102.3100.7107 4107.9105 6123.0129.7

Proc-essed

31.134 031.132.436.235.433.634 032.732 734.136134.735.235.335.635.235 236.839 238.840.042.343.944.747.255.863 970.369.012.179 486.892 397.2100.0100.9104.9104.8107.4109.6112.7118.6124.4124 4124 4126.5123.4123 7123.8124.0124.8125 1124.7124.8124 7124.6124.3124.7125 0125.2125.6126.5127.0127.1126.8126 7126.9126 9127.0126.9

Finished goods excluding consumer foods

Total

35.035.936.938.239.640.442.048 854.758.162.266 774.686 795.6100.0101.8103.2104.6101.9104.0106.5111.8117.4120 91231124.4121.51216121.8122.3123.1124 0123.8123.5123 2124.5124.1123.6124 0124.4124.6125.1125.4125.5125.3123 8123.3124 3123.7123.1

Consumer goods

Total

27.429 228.629.031.130.731.031131.332132.932 933.333.533.433.433.433 333.634 134.735.536.337.438.739.441.248 253.256.560.664 973.587 196.1100.0101.2102.2103.398.5100.7103.1108.9115.3118.7120 8121.7118.8118.8119.0119.6120.91221122.0121.5121.4122.3121.7121.11214121.8122.1122.7123.3123.4123.0120.9120.61212120.3119.4

Durable

32.935 236.136.538.939.239.539 840.241642.843 443.943.843.643.443.143 343.243 444.145.145.947.248.950.050.955 561.063.767.473 680.891096.4100.0102.8104.5106.5108.9111.5113.8117.6120.4123.9125.7128.1125.8125.5125.8125.6125.6125.2125.4125.1123.4127.1127.1126.9127.2127.6127.6127.9127.8127.7127.9127.9126.4129.2129.7129.7

Non-durable

24.225 724.725.127.026.326.626 726.827.327.927.828.228.428.428.428.528 428.829.330.030.631.532.533.534.136.144.048.952.456.860.069.385.195.8100.0100.5101.1101.793.394.997.3103.8111.5115.0117.3117.6114.4114.6114.8115.7117.5119.5119.2118.6119.3118.9118.1117.2117.6117.9118.4119.1119.9120.1119.5116.6116.8116.5114.9113.6

Capitalequipment

19.821.622.723.225.525.926.326 727.429 531.332 132.732.832.933.033.133 433.834 635.837.038.340.141.742.844.250 558.262.166.171.377.585.894.6100.0102.8105.2107.5109.7111.7114.3118.8122.9126.7129.1131.4128.6128.7128.9129.1129.0128.9128.8128.9128.1130.2130.2130.2130.8131.1131.2131.2131.2131.0131.3131.2130.3132.4132.5132.7

i

Tntal

finishedconsumergoods

28.630.829.429.932.732.331.731.731.532.032.933.633.333.633.633.733.533.634.235.435.636.537.939.140.241.546.053.158.260.464.369.477.588.696.6100.0101.3103.3103.8101.4103.6106.2112.1118.2120.5121.7123.0120.0120.3120.4120.7121.7122.6122.4122.2122.2122.9122.4122.2122.5122.8123.1124.0124.5124.1123.8122.4122.2122.6122.3121.8

1 Data have been revised through August 1993 to reflect the availability of late reports and corrections by respondents. All data aresubject to revision 4 months after original publication.



TABLE B-64.—Producer price indexes by stage of processing, 1947-93—Continued

[1982 = 100]

Year or month

194719481949

19501951195219531954 . .19551956. . .19571958 .. .1959

1960196119621963196419651966196719681969

1970197119721973197419751976.197719781979

1980198119821983198419851986198719881989 . . .

1990199119921993

1992: JanFebMar

May""'.""-June


1993: JanFebMar

fc=June

JulyAug 1

SeptOctNovDec

Intermediate materials, supplies, and components

Total

23 325.224.2

25.328.427 527.727 928.429 630.330.430.8

30 830.630 630.730 831.232 032.233 034.1

35 436.838 242.452.558.060.964.969.578.4

90.398.6

100 0100.6103.1102.7991

1015107.1112.0

114.5114.4114.7116.2

113.2113.5113.6113.8114.5115.4

115.5115.5115.8115.4115.0114.8

115.2115.6116.0116.3116.2116.7

116.6116.6116.8116.6116.2115.9

Foodsand

feeds2

••"41.8"41542.9

45 646.749 570.383.681.677.479.684.894.5

105.5104 6100.0103.6105.797.396.299 2

109.5113.8

113.3111.1110.7112.7

110.7110.7110.7110.4111.5112.3

111.2110.3111.0109.7109.6110.7

110.9109.8109.9111.2111.8111.1

114.0114.3113.9113.8115.0117.0

Other

22 224.123.5

24.627.626.727.027.228.029.330.130.130.5

30 730.330 230.130 330.731331.732 533.6

34 836.237 740.650 556.660.064.168.677.4

89.498.2

100.0100.5103.0103.099.3

1017106.9111.9

114.5114.6114.9116.4

113.3113.6113.7114.0114.7115.6

115.7115.8116.1115.7115.2115.1

115.4115.9116.3116.6116.5117.0

116.7116.7117.0116.8116.3115.8

Materials and

components

Formanufac-

turing

24 926.825.7

26.930.529 329.729 830.532 032.732 833.3

33 332.932 732.733133.634 334.535 336.5

38 038.940 444.156 061.764.067.472.080.9

91798.7

100 0101.2104.1103.3102 2105 3113.2118.1

118.7118.1117.9118.9

117.2117.4117.5117.6117.9118.2

118.3118.3118.4118.1118.0118.0

118.4118.7118.8119.1118.9118.8

118.9119.0119.0119.0119.1119.2

Forcon-

struction

22 524.924.9

26.228 728 529 029130 331832 032 032.9

32 732.232 132.232 532.833 634.035 737.7

38 340.843 046.555 060.164169.376.584.2

91.397 9

100 0102.8105.6107 3108.1109 8116.1121.3

122.9124.5126.5132.0

124.9125.9126.6126.8126.8126.5

126.3126.4126.8126.7126.9127.8

129.1130.9132.5132.8132.0131.3

131.1131.6132.4132.7133.4134.1

Proc-

essedfuelsand

lubri-cants

14 416.414.9

15.215.915 715.815 815.816 317.216 216.2

16 616.816 716.616 216.516 816.916 516.6

17 719.520 122.233 639.442 347.749.961.6

85.0100 6100 095.495.792 872.773 371.276.4

85.985.384.584.7

80.280.680.080.783.688.1

88.288.089.087.285.083.5

83.283.383.884.385.288.1

87.186.387.185.782.879.5

Toncon-

tainers

23 424.424.5

25.229.628 028.028 528.931032.433 233.0

33 433.233 633.232 933.534 535.035 937.2

39 040.842 745.253 360.063.165.971.079.4

89196.7

100.0100.4105.9109.01103114 5120.1125.4

127.7128.1127.7126.4

127.6127.7127.7127.8127.7127.6

127.7127.6127.7127.8127.8127.7

126.7126.8126.7126.5126.5126.5

126.4126.1126.0126.1126.1126.5

Supplies

28 529.828.0

29.032.632.631.031731.232 032.333.133.5

33 333.734 535.034 735.036 536.837 137.8

39 740.842 551.756 861.865 869.372.980.2

89 996.9

100 0101.8104.1104.4105 6107 7113.7118.1

119.4121.4122.7125.0

122.0122.1122.4122.4122.7122.7

122.7122.7123.0123.2123.3123.6

124.2124.3124.3124.8124.7124.7

125.2125.5125.4125.5125.7126.1

Crude materials for further processing

Total

31 734.730.1

32.737.634.531.931630.430 631.231.931.1

30 430.230 529.929 631.133131.331833.9

35 236.039 954.561.461.663 465.573.485.9

95.3103.0100.0101.3103.595.887.793 796.0

103.1

108.9101.2100.4102.4

96.998.697.998.8

101.2102.1

101.7100.6102.4101.9101.8100.9

101.4101.4102.6103.9106.5104.2

101.5100.6101.0102.2102.5100.4

Food-stuffsand

feed-

stuffs

45 148.840.5

43.450.247.342.342 338.437.639.241.638.8

38 437.938 637.536 639.242 740.340 944.1

45 246.151572.676 477.476.877.587.3

100.0

104.6103.9100.0101.8104.794.893.296 2

106.1111.2

113.1105.5105.1108.3

103.7106.0107.2105.5108.4107.4

105.0103.7102.9103.7102.8104.6

105.6106.0108.3110.4112.2107.2

107.5108.0107.5105.6109.5111.5

Other

Total

21.121622.5

23 824.727 034.344 143.748.251.757.569.6

84.6101.8100.0100.7102.296.981.687 985.593.4

101.594.693.594.7

88.890.188.290.792.894.8

95.794.898.096.897.294.6

94.894.695.095.898.898.3

93.992.192.996.194.189.5

Fuel

758.98.8

8.89.09.09.38.98.99.5

10.110.210.4

10 510.510 410.510 510.610 911.311512.0

13 815.716.818.624.830.634.542.048.257.3

69.484.8

100.0105.1105.1102.792.284.182.185.3

84.882.984.087.0

83.582.679.178.579.878.5

83.782.888.385.894.190.7

90.683.481.482.489.494.9

85.584.488.189.889.585.2

Other

24 026.724.3

27.832.027.826.626.127.528.628.227.128.1

26 927.227 126.727 227.728 326.527.128.4

29.129.432.342.954.550.054.956.361.975.5

91.8109.8100.098.8

101.094.376.088.585.995.8

107.397.594.294.1

87.289.788.893.095.399.1

97.696.898.698.194.092.0

92.496.197.998.599.195.3

93.891.790.994.791.987.4

2 Intermediate materials for food manufacturing and feeds.



TABLE B-65.—Producer price indexes by stage of processing, special groups, 1974-93

[1982=100]

Year or month

1974

19751976197719781979

1980198119821983 .1984

19851986198719881989

1990199119921993

1992:JanFebMarAprMayJune.........


1993:JanFebMar

May'!'.!!!!!'.!June

JulyAug2

SeptOctNovDec

Total

52.6

58.260.864 769.877.6

88.096.1

100.01016103.7

104.7103 2105.4108 0113.6

119.21217123.2124.7

121.8122.1122.2122.4123.2123.9

123.7123.6123.3124.4124.0123.8

124.2124.5124.7125.5125.8125.5

125.3124.2123.9124.7124.4124.1

Foods

64.4

69.869.673 379.987.3

92.497.8

100.01010105.4

104.6107 3109.5112 6118.7

124.4124 1123.3125.7

122.5123.4123.3122.8123.1123.1

122.8123.4123.3123.8123.4124.2

124.3124.5124.8126.5126.9125.4

125.0125.4125.6125.5126.7127.2

Finishedgoods

Energy

26.2

30.734.339 742.357.1

85 2101.5100 095 291.2

87.663 061.859 865.7

75.078177.878.0

74.374.374.475.477.881.0

80.480.280.880.078.476.4

76.676.977.578.379.680.5

79.679.179.578.976.273.5

Excluding foods andenergy

Total

53.6

59 763.166 971.978.3

87 194.6

100.0103 0105.5

108.1110 6113.3117 0122.1

126.61311134.2135.8

133.4133.5133.7134.0134.2134.1

134.2133.8133.2135.2135.2135.4

135.9136.2136.3136.7136.6136.3

136.4134.6133.8135.4135.6135.9

Capitalequip-ment

50.5

58 262.166 17L377.5

85 894.6

100.0102 8105.2

107.5109 7111.7114 3118.8

122.9126 7129.1131.4

128.6128.7128.9129.1129.0128.9

128.8128.9128.1130.2130.2130.2

130.8131.1131.2131.2131.2131.0

131.3131.2130.3132.4132.5132.7

Con-sumergoodsexclud-

ingfoodsand

energy

55.5

60 663.767 312278.8

87 894.6

100 01031105.7

108.4111 1114.2118 5124.0

128.8133 7137.3138.5

136.4136.4136.6137.0137.5137.3

137.5136.8136.4138.2138.3138.6

139.0139.4139.5140.0140.0139.5

139.5136.7136.0137.3137.5137.8

Intermediate materials, supplies,

Total

52.5

58 060.964 969!578.4

90 398.6

100.0100 6103.1

102.799 1

101.5107 1112.0

114.5114 4114.7116.2

113.2113.5113.6113.8114.5115.4

115.5115.5115.8115.4115.0114.8

115.2115.6116.0116.3116.2116.7

116.6116.6

• 116.8116.6116.2115.9

and components

Foodsand

feeds1

83.6

81677.479.684!894.5

105 5104.6100.0103 6105.7

97.396 299.2

109 5113.8

113.3111 1110.7112.7

110.7110.7110.7110.4111.5112.3

111.2110.3111.0109.7109.6110.7

110.9109.8109.9111.2111.8111.1

114.0114.3113.9113.8115.0117.0

Energy

33.1

38 741.546.849! 161.1

84 9100.5100.095 395.5

92.672 673.070 976.1

85.585184.384.6

80.180.479.980.683.487.8

88.087.888.787.084.983.4

83.183.283.784.285.187.9

87.086.186.985.682.779.4

Other

54.0

60 263.867 67?580.7

90 397.7

100 01016104.7

105.2104 9107:81152120.2

120.9121 4122.0123.8

121.1121.4121.6121.8121.9122.0

122.1122.2122.4122.3122.3122.4

122.9123.5123.9124.1123.8123.7

123.6123.8124.0124.0124.1124.4

Crude materials for further

Total

61.4

61.663.465 573.485.9

95 3103.0100.0101 3103.5

95.887 793.796 0

103.1

108.91012100.4102.4

96.998.697.998.8

101.2102.1

101.7100.6102.4101.9101.8100.9

101.4101.4102.6103.9106.5104.2

101.5100.6101.0102.2102.5100.4

processing

Food-stuffsand

feed-stuffs

76.4

77.476.877 587.3

100.0

104.6103.9100 01018104.7

94.893 296.2

106 1111.2

113.1105 5105.1108.3

103.7106.0107.2105.5108.4107.4

105.0103.7102.9103.7102.8104.6

105.6106.0108.3110.4112.2107.2

107.5108.0107.5105.6109.5111.5

Energy

27.8

33.335.340 445.254.9

73.197.7

100.098 798.0

93.371875.067 775.9

85.980 478.876.7

74.475.572.275.077.480.1

81.079.783.882.983.879.8

78.677.577.778.081.380.9

75.073.674.978.675.668.9

Other

83.3

69.380.279 887.8

106.2

113.1111.7100.0105 3111.7

104.91031115.7133.0137.9

136.3128.2128.4140.1

123.0125.2128.1129.1129.7129.2

130.0130.8130.4128.2127.1129.7

134.3137.4138.2140.7142.2141.7

142.6139.8138.9139.6141.4144.8

1 Intermediate materials for food manufacturing and feeds.2 Data have been revised through August 1993 to reflect the availability of late reports and corrections by respondents. All data aresubject to revision 4 months after original publication.



TABLE B-66.—Producer price indexes for major commodity groups, 1930-93

[1982 = 100]

Year or month

Farm products and processedf

Total

37.743.041.338.638.536.636.437.739.437.6

37.737.738.137.737.539.041.640.241.143.4

44.945.849.263.971.374.073.675.983.092.3

98.3101.1100.0102.0105.5100.7101.2103.7110.0115.4

118.6116.4115.9118.4

115.2116.3116.7115.8117.0116.9

115.8115.4115.3115.4115.0116.2

116.6116.6117.5119.1119.8117.5

118.0118.4118.3117.8119.8121.2

oods and feeds

Farmproducts

44.051.248.443.843.240.540.041.142.940.2

40.139.740.439.639.040.743.741.342.345.0

45.846.651.672.777.477.078.879.487.799.6

102.9105.2100.0102.4105.595.192.995.5

104.9110.9

112.2105.7103.6107.0

102.8105.5106.4103.2105.8104.7

102.5102.2101.6102.7101.8103.7

104.3104.4106.4109.7111.0104.3

105.4106.6106.1104.1109.3112.4

Processedfoods and

feeds

33.236.936.434.835.433.833.834.836.535.6

35.636.236.536.836.738.040.239.840.642.7

44.645.548.058.968.072.670.874.080.688.5

95.998.9

100.0101.8105.4103.5105.4107.9112.7117.8

121.9121.9122.1124.0

121.3121.7121.8122.0122.5123.0

122.4122.1122.1121.8121.6122.4

122.7122.7122.9123.7124.2124.0

124.3124.3124.3124.6125.0125.5

Total

25.027.626.927.227.227.829.129.930.030.5

30.530.430.430.330.530.931.532.032.833.9

35.236.537.840.349.254.958.462.567.075.7

88.097.4

100.0101.1103.3103.7100.0102.6106.3111.6

115.8116.5117.4119.0

115.7116.0115.9116.4117.3118.2

118.3118.1118.5118.6118.3117.9

118.3118.7119.0119.4119.7119.9

119.4118.8118.8119.4118.8117.9

Industrial commodities

Textileproducts

andapparel

50.256.050.549.348.248.248.248.347.448.1

48.647.848.248.248.548.848.948.950.751.8

52.453.355.560.568.067.472.475.378.182.5

89.797.6

100.0100.3102.7102.9103.2105.1109.2112.3

115.0116.3117.8118.1

117.4117.6117.7117.8117.7117.9

117.8117.8118.0118.1118.0118.0

118.0117.9117.9118.1118.0118.0

118.2118.3118.2118.2118.1117.8

Hides,skins,

leather,and

relatedproducts

32.937.730.531.029.529.431.231.231.635.9

34.634.935.334.334.435.939.438.139.341.5

42.043.450.054.555.256.563.968.376.196.1

94.799.3

100.0103.2109.0108.9113.0120.4131.4136.3

141.7138.9140.4143.6

138.6139.0139.8139.9140.7140.8

140.1140.8140.9141.0140.6142.0

143.6142.5142.9143.6143.8143.7

143.5143.9144.1143.7143.9144.3

Fuels andrelated

productsand

power1

12.613.013.013.413.213.213.614.313.713.7

13.914.014.013.913.513.814.114.414.314.6

15.316.617.119.430.135.438.343.646.558.9

82.8100.2100.095.994.891.469.870.266.772.9

82.381.280.480.0

76.376.875.877.179.783.2

83.382.884.482.282.179.7

79.479.279.780.381.983.2

81.080.280.981.278.374.4

Chemicalsand alliedproducts*

30.434.833.033.433.833.733.934.634.934.8

34.834.533.933.533.633.934.034.234.134.2

35.035.635.637.650.262.064.065.968.076.0

89.098.4

100.0100.3102.9103.7102.6106.4116.3123.0

123.6125.6125.9128.2

124.6124.5124.4124.8125.2126.0

126.4126.7127.0127.1127.5127.0

127.6128.1127.8128.6128.2128.5

128.2128.3128.2128.3128.5128.0

1950195119521953195419551956195719581959

1960196119621963196419651966196719681969

1970197119721973197419751976197719781979

1980198119821983198419851986198719881989

1990199119921993

1992: Jan....Feb....Mar....Apr....May...June..

July....Aug...Sept..Oct...Nov...

Dec...

1993: Jan...

Feb...Mar...May"June.July...Aug2

Sept..Oct...Nov...Dec...

1 Prices for some items in this grouping are lagged and refer to 1 month earlier than the index month.2 Data have been revised through August 1993 to reflect the availability of late reports and corrections by respondents. All data are

subject to revision 4 months after original publication.


TABLE B-66.—Producer price indexes for major commodity groups, 1950-93—Continued

[1982=100]

Year or month

Industrial commodities—Continued

Rubberand

plasticproducts

35.643.739 636.937.542.443.042.842.842.642.741139.940.139.639.740 541442.843.644.945.245.346.656.462.266.069.472.480.590.196.4

100.0100.8102.3101.9101.9103.0109.3112.6113.6115.1115.1116.0114.7114.3114.3114.6114.9115.0115.2115.3115.5115.7115.8115.7115.7115.7115.6116.0115.8115.9115.9116.0116.5116.5116.4116.5

Lumberand

woodproducts

31.434.133 233.132.534.134.632.832.534.733.532.032.232.833.533.735 235139.844.039.944.750.762.264.562.172.283.096.9

105.5101.5102.8100.0107.9108.0106.6107.2112.8118.9126.7129.7132.1146.6174.0137.6142.9145.7147.5147.6146.3145.3145.4148.7148.7149.5154.4160.2169.3176.9181.2179.8174.1171.7171.1173.0173.1177.0180.9

Pulp,paper,

andallied

products

25.730 529 729.629.630.432.433.033.433.734.033.033.433.133.033 334.234.635.036.037.538.139.342.352.559.062.164.667.775.986.394.8

100.0103.3110.3113.3116.1121.8130.4137.8141.2142.9145.2147.3144.1144.2144.4144.9145.2145.1145.2145.4145.8146.1145.9145.9147.0147.1147.3147.7147.7147.1147.1147.1147.2147.4147.4147.6

Metalsand

metalproducts

22.024.524 525.325.527.229.630.230.030.630.630.530.230.331.132.032.833.234.036.038.739.440.944.057.061.565.069.375.386.095.099.6

100.0101.8104.8104.4103.2107.1118.7124.1122.9120.2119.2119.2118.2118.9119.4119.6119.5119.6120.0120.2119.6118.8118.2118.5118.9119.2119.0118.7118.4118.9119.5119.5119.5119.4119.5120.2

Machineryand

equipment

22.625 325 325.926.327.229.331.432.132.833.033.033.033.133.333 734 735 937.038.240.041.442.343.750.057.961.365.270.376.786.094.4

100.0102.7105.1107.2108.8110.4113.2117.4120.7123.0123.4124.0123.3123.5123.6123.4123.4123.2123.1123.2123.2123.3123.4123.5123.9123.9123.9124.0123.9124.0124.0124.0124.1124.1124.1124.2

Furnitureand

householddurables

40.944 443.544.444.945.146.347.547.948.047.847.547.246.947.146.847.448 349.750.751.953.153.855.761.867.570.373.277.582.890.795.9

100.0103.4105.7107.1108.2109.9113.1116.9119.2121.2122.2123.6121.8121.8121.9122.0122.1122.2122.2122.2122.4122.3122.6122.6122.6122.9123.0123.2123.4123.6123.8124.0124.0124.2124.4124.5

Non-metallicmineral

products

23.525.025 026.026.627.328.529.629.930.330 430 530.530.330.430.430.731232.433.635.338.239.440.747.854.458.262.669.677.688.496.7

100.0101.6105.4108.6110.0110.0111.2112.6114.7117.2117.3120.0117.2117.1117.3116.9116.9117.0117.1117.4117.4117.4117.7117.8118.4118.6118.9119.6119.7120.0120.2120.5120.7121.3121.4121.3

Transportationequipment

Total

40.441.944.245.546.150.356.760.564.669.575.382.994.3

100.0102.8105.2107.9110.5112.5114.3117.7121.5126.4130.4133.7129.8129.7130.0130.2130.2130.1130.2130.0128.5132.3132.2132.1132.7133.1133.3133.4133.3133.3133.6133.5131.6135.3135.3135.5

Motorvehicles

andequip-ment

30.031.633 433.333.434.336.337.939.039.939 339 239.238.939.139.239.239 840.941.743.345.747.047.451.457.661.265.270.075.883.194.6

100.0102.2104.1106.4109.1111.7113.1116.2118.2122.1124.9128.0124.8124.6124.9124.8124.7124.3124.4123.9121.3127.1127.1126.9127.1127.8127.8127.7127.6127.7127.8127.7125.0129.7129.9130.0

Miscella-neous

products

28.630.330.231.031.331.331.732.633.333.433.633.733.934.234.434.735.336.237.038.139.840.841.543.348.153.455.659.466.775.593.696.1

100.0104.8107.0109.4111.6114.9120.2126.5134.2140.8145.3145.5143.9143.9144.0144.8146.4146.2146.3143.8145.3145.5145.8147.3148.6149.4149.4150.4150.7149.6149.6138.9139.3139.2139.5141.0

195019511952195319541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931992: Jan...

Feb...Mar...Apr...May..June.

July...Aug...Sept.Oct...Nov...Dec...

1993: Jan...Feb...Mar...Apr...May..June.July...Aug2

Sept,Oct..Nov..Dec.

Source-. Department of Labor, Bureau of Labor Statistics.


TABLE B-67.—Changes in producer price indexes for finished goods, 1955-93

[Percent change]

Year ormonth

19551956.....1957.. .19581959196019611962196319641965196619671968196919701971197219731974197519761977.1978197919801981 .198219831984198519861987198819891990199119921993..

1992: JanFebMarAprMayJuneJulyAugSeptOct.NovDec

1993: JanFebMar

JuneJulyAug2 . . .SeptOctNovDec

Totalfinishedgoods

Dec toDec 1

1.04.234

3- . 318

6336

332.01 7314.92.13.339

11.718.36.63.86.79 3

12.811.8

713.6

.61 71.82 32̂ 2404̂ 95.7

- . 11.6

.2

Unad-justed

- 0 . 1.2.1.2.7.6

- . 2- . 1- . 2

.9- . 3- . 2

.3

.2

.2

.6

.2- . 2

- . 2- . 9- .2

.6- . 2- . 2

Year toyear

0.3263822

- . 39

0333

1 83.21 1283.83.431329 1

15.410.64.56.479

11.213.4924.11.62 11.01 42.125524.92.11.21.2

Sea-son-

ally ad-justed

0.2.2.2.3.2

0.1.2.1

- . 20

.3

.4

.3

.60

- . 60

- . 6.2

- . 20

- . 1

Finishedconsumer

foods

Dec. toD e c 1

- 3 . 03751

6- 3 . 7

5319

614

69 11.3

3468.1

- 2 . 35879

22 712.85.6

- 2 . 56.9

11 77.4

7.5152.02.335.6

28- . 2575.22.6

- 1 . 51.62.4

Unad-justed

0.2.7

- . 1_ 4

.20

- . 2.5

_ i.4

- .3.6.1.2.2

1.4.3

- 1 . 2

- .3.3.2

- .11.0

.4

Year toyear

- 2 . 3_ 33 36 1

- 4 . 720

38

1 13

406.51 839603.31654

20 514.08.4

- . 35.3909.35.8582.21.044

- .8262.128544.8

- . 2- . 61.9

Sea-son-

ally ad-justed

- 0 . 4.4

- . 1- . 3

.2_ i

.7

.4

.1- .61.3

- .60.2

1.40

- 1 . 0- . 2

.5

.7- .5

.81.1

Finished goods excluding consumer foods

Total

Dec. toD e c 1

253.34.3202366

21.17.26.26.883

14.813.4

874.201 12.24 03.232486.9

.31.6

- . 4

Year toyear

26283.5372040

16.212.1

6.27.172

11.816.210 34.61.8141.42 62.124505.03.01.81.1

Consumergoods

Dec. toD e c 1

1.6251 5

3.933

0

o39

1.820202.83.8212 175

20.36.86.06.785

17.614.1864.2

— .98

2.1664.13 1538.7

- . 71.6

- 1 . 4

Year toyear

0.62625o1.2

63

0

o39

1.51 823233.0351 846

17.010.46.27.37 1

13.318.510 34.11.2101.14 62.224565.92.91.8

.7

Capitalequipment

Dec. toD e c 1

5.681461 2.93

o369

1 53.83 1304 84.8242 151

22.78.1657.2808.8

11.4923.92.01 82.72 11.336383.42.51.71.9

Percent change from preceding month

Unad-justed

- 0 . 2.1.2.4.7.7

- .2- . 2- . 21.1

-.3- . 4

.3

.3

.2

.4

.2

.1-.2

- 1 . 2_ 4

.8_ 5- .5

Sea-son-

ally ad-justed

0.1.2.3.3.4.3.1

- . 2.2.1

- . 1- . 3

.6

.5

.3

.40

- . 4

0- 1 . 0

.1- . 2- . 2- . 4

Unad-justed

- 0 . 30

.2

.51.11.0

- . 1- . 4- . 1

.7- .5- . 5

.2

.3

.2

.5

.5

.1— 3

- 1 . 7- . 2

.5- . 7_ 7

Sea-son-

ally ad-justed

- 0 . 1.3.3.4.6.4.1

- . 3.2.2

- . 2- . 6

.6

.6

.5

.40

- .6- .1

- 1 . 5.1

- . 1- . 4- . 7

Unad-justed

0.5.1.2.2

- . 1- . 1- . 1

.1- . 6

1.600

.5

.2

.100

- .2.2

- . 1- . 7

1.6.1.2

Year toyear

2.6776 1261.9

33339

122.435343.54.7402633

14.315.26.76.47 98.7

10.710 3

5.72.8232.22 01.823393.53.11.91.8

Sea-son-

ally ad-justed

0.5.1.3.2.1

- . 1.1.2

0- . 2

.2

.2

.5

.3

.2

.2

.1- .2

.4

.20

- . 4.2.3

Finishedenergygoods

Dec

Dec 1

16.311.612.085

58.127.914 1- . 1

- 9 . 242

- . 238 111.23695

30.7- 9 . 6

- . 3- 3 . 8

Unad-justed

- 3 . 00

.11.33.24.1

- . 7- .2

.7- 1 . 0- 2 . 0- 2 . 6

.3

.4

.81.01.71.1

- 1 . 1- .6

.5- . 8

- 3 . 4- 3 . 5

Year

year

17.211.715.765

35.0

49.219 1

- 1 . 5- 4 . 8

42- 3 . 928 1

- 1 . 9329.9

14.24.1

_ 4.2

Sea-

ally

justed

- 2 . 01.3

.4

.7

.82.4

— 4- .6

.11.0

- 1 . 3- 2 . 4

1.01.71.1

.3- . 5- .5- .9

- 1 . 001.3

- 2 . 7- 3 . 5

Finished goodsexcluding foods

and energy

Dec toDec.1

17.76.05.76.2849.4

10.87.74.91.92 02.7272.14 34.23.53.12.0

.4

Unad-justed

0.5.1.1.2.1

- . 1.1

- . 3- . 41.50

.1

.4

.2

.1

.3- . 1- .2

.1- 1 . 3

- . 61.2

.1

.2

Year toyear

11.411.45.76.0758.9

11.28.65.73.0242.5232.4334.43.73.62.41.2

Sea-son-

ally ad-justed

0.5.1.3.3.4

- . 2.1

0.1

- . 1.2.1.4.2.2.4.1

- . 4

.2- 1 . 0

.1- . 5

.4

.2

1 Changes from December to December are based on unadjusted indexes.2 Data have been revised through August 1993 to reflect the availability of late reports and corrections by respondents. All data are

subject to revision 4 months after original publication.Source: Department of Labor, Bureau of Labor Statistics.


MONEY STOCK, CREDIT, AND FINANCE

TABLE B-68.—Money stock, liquid assets, and debt measures, 1959-93

[Averages of daily figures; billions of dollars, seasonally adjusted]

Yearyearand

month

December:195919601961 ... .19621963196419651966196719681969197019711972 .197319741975197619771978197919801981198219831984198519861987198819891990199119921993



Ml

Sum ofcurrency,demanddeposits,travelers

checks, andother

checkabledeposits(OCDs)

140.0140.7145 2147.8153 3160.3167 9172.0183 3197.4203.9214.4228.3249.2262.8274.3287.5306 3331.1358.2382.5408.5436.3474 4521.2552 4620.1724 5750.0787.1794.6827.2899.3

1,026.61,131.2

911.5926.2935.1941.2952.2952.5963 2975.5990.1

1,006.01,019.11,026.61,033.21,033.01,035.21,043.01,066.91,073.31,085 31,094.41,106 81,116.41,125.91,131.2

M2

Ml plusovernightRPs and

Eurodollars,MMMF

balances(general

purpose andbroker/dealer),

MMDAs, andsavings andsmall time

deposits

297.8312.3335 5362.7393 2424.8459 3480.0524 3566.3589.5628.0712.6805.1860.9908 4

1,023.11163 51,286.41,388.51,496.41,629.21,792.61952 72,186.52 376 02,572.42 8 1 6 12,917.23,078.23,233.33 345 53,445.83,494.83,551.73^451.03,467.73,467 83,464.83,467.83,464.23 465 43,473.63,481.03,491 53,496.23,494.83,485.73,474.13,471.63,473.83,503.03,509.63,515.73,518.93 53103,533.23,545.03,551.7

M3

M2 pluslarge timedeposits,term RPs,

termEurodollars,

andinstitution-only MMMF

balances

299.8315.33410371.4406 0442.5482 2505.1557 1606.2615.0677.3776.1886 0984.9

1,070 31,172.1131161,472.31,646.21,802.61,986.82,233.42 440 62,693.12 988 23,203.63 49173,674.83,915.44,056.14 116 74,168.14,163.44,207.74J72.24,189.04 184 84,177.94,180.14,172.5417124,180.64,184.54,180.64,176.64,163.4

4,138.14,131.84,127.24,137.74,165.44,164.1

4,162.24,164.34,177.74,184.84,197.84,207.7

L

MO n | . , c(VIo piUS

other liquidassets

388.6403 6430 8466.1503 8540.4584 4614.7666 5728.9763.5816.2902.9

1,022 91,142.51250 21,366.91516 41,705.01,910.32,115.62,323.52,596.02 850 33,154.43 529 53,830.94 13194,333.54,669.44,886.14 966 64,982.35,040.4

4,978.34,999.15 010.05,009.05,011.45,017.25 014 751027.85,038.95 041.35,049.05,040.4

5,015.85,011.85,011.05,027.05,065.25,066.75,064.15,075.55,066.25,076.55,093.4

Debt1

Debt ofdomestic

nonfinancialsectors

(monthlyaverage)

687.2723.6766 5819.4874 5938.1

100511,072.31 146 61,238.11,329.31,419.61,552.01,707.51,894.12,067.02,251.42 496 32,813.73,192.23,568.23,896.84,278.74 69165,257.56 00616,901.17 778 68,543.39,306.1

10,030.710,670.111,145.511,721.1

11,189.911,235.011,284.911,335.611,381.711,434.811494 111,553.411,597.811,625.711,665.611,721.1

11,757.811,781.611,821.311,867.411,912.711,976.112,033.412,088.312,141.912,179.212,241.8

Percent

Ml

0.5321.8374.6472.4667.73.35.16.5925.5444.8658.18.26.86.86.8879.960

12.316 83.54.91.04 18.7

14.210.211.513.414.414.013.711.811.310.611.813.814.115.614.511.89.17.49.49.1

10.111.913.814.111.110.8

change from year or 6months earlier2

M2

4.9748.1848.0814.5928.04.16.5

13.513.06.95.5

12.613 710.67.97.88.9

10.089

12.037839.53.65.55.03.53.01.41.62.13.02.92.51.91.1.8.3.8

1.51.61.81.2.0

- .5- 1 . 0

.4

.81.72.63.43.42.42.4

M3

5.28.28.9939.0904.7

10.38.81.5

10.114.614.211.28.79.5

11.912.311.89.5

10.212.49.3

10.311.07.29.05.26.53.61.51.2

- . 11.1

.61.61.71.1.8.2

- . 0- . 4- . 0

.1- . 2- . 4

- 1 . 6- 2 . 3-2 .7- 2 . 1

- . 5.0

1.21.62.42.31.62.1

Debt

7.55.35.96.96.77.37.16.76.98.07.46.89.3

10.010.99.18.9

10.912.713.511.89.29.89.7

12.114.214.912.79.88.97.86.44.55.2

4.24.24.54.54.85.25.45.75.55.15.05.04.64.03.94.24.24.44.75.25.45.35.5

1 Consists of outstanding credit market debt of the U.S. Government, State and local governments, and private nonfinancial sectors;data derived from flow of funds accounts.

2 Annual changes are from December to December; monthly changes are from 6 months earlier at a simple annual rate.

Note.—See Table B-69 for components.

Data do not reflect revisions of February 3, 1994.



TABLE B-69.—Components of money stock measures and liquid assets, 1959-93

[Averages of daily figures; billions of dollars, seasonally adjusted, except as noted]

Yearand

monthCurrency

28.828.729.330.332.233.936.038.040.043.045.7

48.652.056.260.867.072.879.587.496.0

104.8115.4122.6132.5146.2156.1167.9180.8196.9212.3222.7246.7267.2292.3321.5269.0270.8271.9273.6275.1276.6279.5282.4286.3288.0289.8292.3294.8296.9299.0301.4304.0306.8309.6312.6316.4318.2320.0321.5

Travelerschecks

0.3.3.4.4.4.5.5.6.6.7.8.9

1.01.21.41.72.12.62.93.33.63.94.14.14.75.05.66.16.67.06.97.87.88.18.07.77.77.77.77.77.77.77.88.18.38.28.18.08.08.08.18.28.07.97.87.87.98.08.0

Demanddeposits

110.8111.6115.5117.1120.6125.8131.3133.4142.5153.6157.3164.7175.1191.6200.3205.1211.6221.5236.7250.4257.4261.2231.2234.0238.5244.0266.9302.3287.1287.1279.8278.2290.5340.8386.1296.3303.3308.0310.8314.6312.3317.5322.5329.0336.0339.5340.8341.9341.8341.9347.3359.2360.7365.9370.9376.6380.2385.5386.1

Othercheckabledeposits(OCDs)

0.0.0.0.0.1.1.1.1.1.1.2.1.2.2.3.4.9

2.74.28.4

16.828.078.4

103.8131.9147.3179.7235.3259.3280.7285.3294.5333.8385.2415.7338.6344.3347.5349.0354.7355.9358.6362.8366.7373.7381.6385.2388.6386.4386.3386.2395.5397.8401.9403.1406.0410.1412.5415.7

Overnightrepur-chase

agree-ments(RPs)

net, plusovernightEurodol-

lars »

NSA

0.0.0.0.0.0.0.0.0.0.0

2.21.32.32.85.35.75.9

10.714.920.721.728.836.639.955.660.673.582.384.183.277.674.776.374.784.777.977.974.772.869.874.675.278.776.277.175.874.773.374.074.572.870.073.677.278.381.984.384.884.7

Money market mutualfund (MMMF)

balances

General

purposeand

broker/dealer2

0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0

1.72.72.42.46.4

33.461.6

150.6185.6139.1168.0177.2209.0222.6242.9317.4350.5363.9342.3336.4360.3362.3358.0354.5354.9353.5350.4348.9343.9346.3343.7342.3340.0333.2332.7331.7335.5334.3333.2331.5329.4330.0333.5336.4

Institu-tion

only2

0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.2.4.6.9

3.19.5

15.238.050.041.963.265.586.192.792.0

108.8135.9182.1202.3198.8186.1192.0192.2195.9202.2206.3212.5220.9220.7210.9209.2202.3197.7201.9200.9200.4202.8198.1195.0193.3194.1196.6196.7198.8

Savingsdeposits,including

moneymarketdeposit

accounts(MMDAs) 3

December:19591960196119621963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993





146.5159.1175.5194.7214.4235.3256.9253.2263.7268.9263.6260.9292.2321.4326.8338.4388.8453.0492.1481.7423.6400.1343.9400.0685.0704.7815.1940.9937.6926.6891.0920.8

1,042.51,186.01,218.61,060.31,080.71,094.31,107.51,119.61,126.01,134.51,145.71,158.91,170.51,180.41,186.01,184.41,182.41,178.81,181.61,193.71,198.81,200.11,205.11,208.71,209.61,214.51,218.6

1 Includes continuing contract RPs.2 Data prior to 1983 are not seasonally adjusted.3 Data prior to 1982 are savings deposits only; MMDA data begin December 1982.



TABLE B-69.—Components of money stock measures and liquid assets, 1959-93—Continued

[Averages of daily figures; billions of dollars, seasonally adjusted, except as noted]

Yearand

month

December:19591960196119621963....19641965.19661967.196819691970197119721973197419751976197719781979198019811982 . .1983198419851986 .198719881989199019911992 ..1993

1992-JanFebMarAprMayJuneJulyAugSept . . . .OctNovDec

1993- JanFebMarAprMayJuneJulyAugSeptOctNovDec

Smalldenomi-nationtime

deposits4

11.412.514.820.125.629.234 555.077 8

100.6120 4151.1189.7231.6265 8287.9337 9390.8445 5521.0634.4728 7823.2851.0784.1888.9885.5858.9922.8

1038 31,152.71,172.31,064.7

867.3783.5

1,043.01,021.51,004.0

986.1969.6955 7941.0925.7911.0894 4879.3867.3858.3853 1848.1841.2834.4826.9817.8810.3803.7796.1788.8783.5

Largedenomi-nationtime

deposits4

1.22.03.97.0

10.815.221223.130 937.420 445.257.773.4

111 1144.8129 7118.1145 2195.7223.3260.5303.1327.2327.6416.5434.1431.3475.4525 4548.8489.6424.7356.1331.5418.9413.6407.4402.2396.0389.4382.7378.5374.3367 3360.8356.1348.8344 3338.4343.5343.4340.0335.6336.1334.8335.6333.0331.5

Termrepur-chaseagree-ments(RPs)

NSA

0.0.0.0.0.0.00.00.0

271.62.73.5677.881

13.918 926.229.133.535.333.449.957.662.480.6

106.0121899.089.672.581.195.371.072.674.374.176.476 475.276.077.879 981.881.180.182.386.088.989.892.896.596.596.495.194.595.3

TermEuro-

dollars

NSA

0.7.8

1.51.61.92.4182.2222.9272.22.73.65.58.19.8

14.820.231.844.750.367.581.791.582.976.583.891.0

105.779.568.757.645.647.855.756.158.054.952.851.951.151.449.448.147.245.643.546.749.848.748.745.541.944.145.245.450.047.8

Savingsbonds

46.145.746.546.948.149.049 650.251.251.851.752.054.357.660.463.367.271.876.480.379.672.367.868.071.174.279.591.8

100.6109.4117.6126.1138.0156.8

139.0140.2141.3142.4143.5144.6145.8147.4149.3151.9154.7156.8158.9161.1162.7163.9164.8165.7166.8167.8168.8169.8170.9

Short-term

Treasurysecurities

38.636.737.039.840.738.540 743.238.746.159.548.836.040.749.352.868.469.878.181.1

107.8133.5149.4183.6211.9260.9298.2280.0253.1269.2324.9331.1315.0331.4

311.9320.0325.1326.0329.4330.1324.9322.9321.0320.2325.1331.4337.5342.9341.6340.7347.1349.1348.5345.7323.8317.6322.3

Bankersaccept-ances

0.6.9

1.11.11.21.31.61.81.82.33.33.53.83.55.0

12.610.710.814.122.027.232.140.044.545.045.442.037.044.339.940.235.523.420.4

22.922.622.221.822.022.021.721.120.720.520.320.420.620.119.219.219.418.717.516.416.316.316.2

Commer-cial

paper

3.65.15.26.87.79.1

10.214.417.822.534.034.532.735.242.851.248.552.564.180.798.498.8

105.3113.7133.2160.8207.6231.4260.7335.5347.3357.1337.7368.4

332.3327.3336.7341.0336.4348.1351.2355.7363.4368.0372.4368.4360.7355.9360.3365.5368.4369.1369.1381.3379.6388.0386.2

4 Small denomination and large denomination deposits are those issued in amounts of less than $100,000 and more than $100,000,respectively.

Note.—NSA indicates data are not seasonally adjusted.See also Table 6-68.

Data do not reflect revisions of February 3, 1994.


349

1 5 1 - 4 4 4 0 - 9 4 - 1 2


TABLE B-70.—Aggregate reserves of depository institutions and monetary base, 1939-93

[Averages of daily figuresl; millions of dollars; seasonally adjusted, except as noted]

Year and month

Adjusted for changes in reserve requirements2

Reserves of depository institutions

TotalNonbor-rowed

Nonbor-rowedplus

extendedcredit

Required

Mone-tarybase

Borrowings of depositoryinstitutions from the Federal

Reserve, NSA

Total SeasonalExtended

credit

December:1959

19601961196219631964

1965....1966....1967....1968....1969....

19701971197219731974

19751976197719781979

19801981198219831984

19851986198719881989

1990199119921993





11,109

11,24711,49911,60411,73012,011

12,31612,22313,18013,76714,168

14,55815,23016,64517,02117,550

17,82218,38818,99019,75320,720

22,01522,44323,60025,36726,845

31,44838,94338,86240,39840,492

41,76745,53354,35160,536

46,22747,79548,50948,99249,49649,316

49,62950,34151,27452,83653,81554,351

54,66554,92255,16655,19756,87757,119

57,56758,03358,83759,81960,45960,536

10,168

11,17211,36611,34411,39711,747

11,87211,69012,95213,02113,049

14,22515,10415,59515,72316,823

17,69218,33518,42018,88519,248

20,32521,80722,96624,59323,659

30,12938,11638,08538,68340,227

41,44145,34154,22860,454

45,99447,71748,41848,90249,34149,087

49,34550,09150,98752,69353,71154,228

54,50054,87655,07455,12456,75656,938

57,32357,68058,41059,53460,37060,454

10,168

11,17211,36611,34411,39711,747

11,87211,69012,95213,02113,049

14,22515,10415,59515,72316,970

17,70418,33518,42018,88519,248

20,32821,95623,15224,59526,263

30,62838,41938,56839,92740,247

41,46445,34254,22860,454

45,99547,71948,42048,90449,34149,087

49,34550,09150,98752,69353,71154,228

54,50154,87755,07455,12456,75656,938

57,32357,68058,41059,53460,37060,454

10,603

10,50310,91511,03311,23911,605

11,89211,88412,80513,34113,882

14,30915,04916,36116,71717,292

17,55618,11518,80019,52120,279

21,50122,12423,10024,80625,990

30,41137,57337,81639,35139,570

40,10244,55553,19659,474

45,22446,73047,48147,85548,49548,403

48,66449,40750,28051,76352,77253,196

53,40553,81853,95354,10155,88156,209

56,47857,08057,74758,73059,35959,474

40,880

40,97741,85342,95745,00347,161

49,62051,56554,57958,35761,569

65,01369,10875,16781,07387,535

93,887101,515110,323120,445131,143

142,004149,021160,127175,467187,237

203,585223,667239,872256,932267,734

293,185317,169350,798386,072

319,385322,849324,655326,691328,863330,228

333,177336,844341,585344,849347,832350,798

353,224355,734358,374360,634364,769368,069

370,978374,532379,261381,765384,580386,072

941

74133260332264

444532228746

1,119

332126

1,0501,298

727

13053

569868

1,473

1,690636634774

3,186

1,318827777

1,716265

32619212482

233779190

155229

284251287143104124

165459173

121181

2443524282858982

4132

141355

13582

116543396

113

563893

130

76381831

1722324798

149

2032231931144018

1118264184

142

2102342361927531

147

12

3148186

22,604

499303483

1,24420

23110

122200

000001

100000

000000

1 Data are prorated averages of biweekly (maintenance period) averages of daily figures.2 Aggregate reserves incorporate adjustments for discontinuities associated with regulatory changes to reserve requirements. For

details on aggregate reserves series see Federal Reserve Bulletin.

Note.—NSA indicates data are not seasonally adjusted.

Monetary base data do not reflect revisions released on February 3, 1994.



TABLE B-71.—Commercial bank loans and securities, 1972-93

[Monthly average; billions of dollars, seasonally adjusted ']

Year and month

Totalloansand

securi-t i e s 2

U.S.Govern-

securi-ties

Other

Loans and leases

Tota l 2

Com-mercial

andindus-trial

Realestate

Indi-vidual

Secu-rity

Non-bankfinan-

cialinsti-

tutions

Agri-cul-tural

Stateand

politi-cal

subdi-visions

For-eign

banks

For-eign

officialinsti-

tutions

Leasefinanc-

ing.receiv-ables

Other

December:1972...1973...1974...

1975...1976...1977...1978...1979....

1980....1981....1982....1983....1984...

1985....1986...1987...1988...1989...1990...1991....1992...1993...

1992:JanFebMarAprMayJune....

JulyAugSept....OctNovDec

1993:JanFebMar

June


572.5647.8713.7

745.1804.6891.5

1,013.91,135.6

1,238.61,307.01,400.41,552.21,722.9

1,910.42,093.72,241.22,422.92,590.8

2,732.42,836.92,937.63,087.2

2,846.02,855.42,862.72,874.32,875.32,882.8

2,886.92,902.22,917.42,926.02,932.42,937.6

2,935.32,943.92,960.22,970.92,991.23,014.1

3,037.43,046.63,057"3,056.63,072.63,087.2

89.088.286.3

116.7136.3136.6137.6144.3

170.6179.3201.7259.2259.8

270.8310.1335.8362.7397.0

452.1559.3657.1727.2

564.2570.9579.6590.8600.2610.7

619.2632.6640.6647.3651.4657.1

656.5666.2680.2691.0693.5704.3

708.2714.8720.6718.4720.0727.2

93.499.4

107.5

111.2113.5122.7129.2141.9

154.4160.5164.8169.1140.9

179.0193.9195.8193.7182.4

178.8179.9176.0181.9

179.6180.3178.5178.5176.9175.8

177.9178.2178.2178.8177.3176.0

174.5176.4179.0181.0181.2179.6

181.5182.4182.6180.7180.9181.9

390.1460.2519.9

517.2554.8632.3747.1849.4

913.5967.3

1,033.91,123.91,322.2

1,460.61,589.71,709.61,866.52,011.4

2,101.42,097.82,104.62,178.2

2,102.22,104.32.104.52,104.92,098.22,096.2

2,089.82,091.42,098.62,099.82,103.82,104.6

2,104.42,101.32,101.02,098.92,116."2,130.3

2,147.82,149.42,153.92,157.52,171.72,178.2

137.1165.0196.6

189.3190.9211.0

•246.2291.4

325.7355.4392.5414.2473.2

500.2536.7566.4605.3638.4

642.6617.0597.6584.2

615.4613.5610.8609.0607.6604.6

602.5601.4601.2600.8600.5597.6

598.0596.7593.1587.5589.9590.9

590.2589.6586.2585.7585.4584.2

98.1117.3130.1

134.4148.8175.2210.5241.9

262.6284.1299.9331.0376.3

425.8494.1587.2670.1760.1

843.4871.8892.4927.2

873.2876.7879.1881.8883.3881.8

881.5883.1886.8890.7892.5892.4

890.8890.1891.9892.2898.0904.0

907.7910.8914.6918.1921.8927.2

86.398.6

102.4

104.9116.3138.3164.7184.5

179.2182.5188.2212.9254.2

295.0315.4328.2354.8375.2

380.3363.9355.5385.6

363.4363.8362.3360.8359.2359.0

358.6357.4357.0355.8355.4355.5

358.4361.9362.3364.4367.5368.8

372.5374.7376.0380.3383.2385.6

15.612.912.7

13.517.721.019.718.7

18.021.425.328.035.0

43.340.334.540.941.3

44.754.364.886.0

58.058.960.763.460.963.3

60.561.664.064.764.264.8

63.562.864.262.368.671.4

81.679.982.779.587.086.0

21.728.534.5

28.926.425.826.229.3

29.329.931.230.431.6

32.835.332.132.534.4

35.941.443.643.2

42.143.043.643.243.342.4

41.542.044.043.944.743.6

45.144.644.245.045.946.0

46.546.846.144.944.243.2

14.317.218.3

20.123.225.828.231.1

31.633.136.239.240.1

36.131.629.429.030.1

32.334.235.035.4

34.134.134.334.334.334.6

34.935.335.235.135.235.0

34.534.334.034.134.334.3

34.734.834.835.035.535.4

46.1

56.858.452.545.340.0

34.029.024.821.6

28.628.328.027.627.326.8

26.225.925.825.425.124.8

24.223.823.623.123.022.8

22.822.722.422.221.821.6

3.96.28.3

9.011.713.721.518.6

23.818.114.713.411.4

9.710.17.77.68.2

7.77.37.77.7

1.62.12.2

2.42.82.74.96.9

11.57.25.99.48.4

6.36.35.15.03.5

2.92.42.83.3

2.32.22.12.02.02.0

2.22.32.52.42.82.8

2.93.23.23.23.13.2

3.23.13.43.3.33.3

1.42.13.2

4.05.15.77.49.3

10.912.713.313.716.1

19.122.524.729.431.9

32.931.730.932.8

31.431.531.431.130.931.0

30.830.831.030.830.930.9

30.430.630.630.730.931.3

31.631.731.832.132.532.8

10.110.211.5

10.711.913.017.817.8

21.122.926.831.829.9

35.539.041.746.548.1

44.944.749.551.1

46.545.545.545.142.443.3

43.244.343.242.645.049.5

48.844.545.348.046.849.0

47.946.047.347.349.151.1

1 Data are prorated averages of Wednesday figures for domestically chartered banks and for foreign-related institutions beginning July1981. Prior to July 1981, data for foreign-related institutions are averages of current and previous month-end data.

2 Excludes loans to commercial banks in the United States.

Note.—Data are not strictly comparable because of breaks in the series.

Source.- Board of Governors of the Federal Reserve System.


TABLE B-72.—Bond yields and interest rates, 1929-93

[Percent per annum]

Year andmonth

U.S. Treasury securities

Bills(new issues) x

3-month

6-month

Constant maturities2

3-year

10-year

30-year

Corporatebonds

(Nloody's)

Aaa Baa

High-grade

munici-pal

bonds(Stand-ard &

Poor's)

New-homemort-gage

yields3

Com-mer-cial

paper,6

months4

Primerate

chargedby

banks5

Discountrate,

FederalReserve

Bankof NewYork5

Federalfundsrate6

1929...1933...1939...

1940...1941...1942...1943...1944...

1945...1946...1947...1948...1949...

1950...1951...1952...1953...1954...

1955...

1956...1957...1958...1959...

1960...1961...1962..1963...

1964...

1965...1966...1967..1968...1969..

1970...1971...1972...1973...1974...

1975..1976..1977..1978..1979..

1980..1981..1982..1983..1984..

1985..1986..1987..1988..1989..

1990..1991..1992..1993..

0.515.023

.014

.103

.326

.373

.375

.375

.375

.5941.0401.102

1.2181.5521.7661.931.953

1.7532.6583.2671.8393.405

2.9282.3782.7783.1573.549

3.9544.8814.3215.3396.677

6.4584.3484.0717.0417.886

5.8384.9895.2657.221

10.041

11.50614.02910.6868.639.58

7.485.985.826.698.12

7.515.423.453.02

3.832

3.2472.6052.9083.2533.686

4.0555.0824.6305.4706.853

6.5624.5114.4667.1787.926

6.1225.2665.5107.572

10.017

11.37413.77611.0848.759.80

7.666.036.056.928.04

7.475.493.573.14

2.471.63

2.473.193.982.844.46

3.983.543.473.674.03

4.225.235.035.687.02

7.295.655.726.957.82

7.49

2.852.40

2.823.183.653.324.33

4.123.883.954.004.19

4.284.925.07

6.77

5.656.67

7.356.166.216.847.56

7.99

6.698.299.71

11.5514.4412.9210.4511.89

9.647.067.688.268.55

8.266.825.304.44

7.617.428.419.44

11.4613.9113.0011.1012.44

10.627.688.398.858.49

8.557.867.015.87

7.758.499.28

11.2713.4512.7611.1812.41

10.797.788.598.968.45

8.618.147.676.59

4.734.493.01

2.842.772.832.732.72

2.622.532.612.822.66

2.622.862.963.202.90

3.063.363.893.794.38

4.414.354.334.264.40

4.495.135.516.187.03

8.047.397.217.448.57

8.838.438.028.739.63

11.9414.1713.7912.0412.71

11.379.029.389.719.26

9.328.778.147.22

5.907.764.96

4.754.334.283.913.61

3.293.053.243.473.42

3.243.413.523.743.51

3.533.884.714.735.05

5.195.085.024.864.83

4.875.676.236.947.81

9.118.568.168.249.50

10.619.758.979.49

10.69

13.6716.0416.1113.5514.19

12.7210.3910.5810.8310.18

10.369.808.987.93

4.274.712.76

2.502.102.362.061.86

1.671.642.012.402.21

1.982.002.192.722.37

2.532.933.603.563.95

3.733.463.183.233.22

3.273.823.984.515.81

6.515.705.275.186.09

6.896.495.565.906.39

8.5111.2311.579.47

10.15

9.187.387.737.767.24

7.256.896.415.63

5.895.83

5.816.256.466.977.81

8.457.747.607.968.92

9.009.009.029.56

10.78

12.6614.7015.1412.5712.38

11.5510.179.319.19

10.13

10.059.328.247.20

5.851.73.59

.56

.53

.66

.69

.73

.75

.811.031.441.49

1.452.162.332.521.58

2.183.313.812.463.97

3.852.973.263.553.97

4.385.555.105.907.83

7.715.114.738.159.84

6.325.345.617.99

10.91

12.2914.7611.898.89

10.16

8.016.396.857.688.80

7.955.853.803.30

5.50-6.001.50-4.00

1.50

1.501.501.501.501.50

1.501.50

1.50-1.751.75-2.00

2.00

2.072.563.003.173.05

3.163.774.203.834.48

4.824.504.504.504.50

4.545.635.616.307.96

7.915.725.258.03

10.81

7.866.846.839.06

12.67

15.2718.8714.8610.7912.04

9.938.338.219.32

10.87

10.018.466.256.00

5.162.561.00

1.001.00

71.0071.0071.00

71.0071.00

1.001.341.50

1.591.751.751.991.60

1.892.773.122.153.36

3.533.003.003.233.55

4.044.504.195.165.87

5.954.884.506.447.83

6.255.505.467.46

10.28

11.7713.4211.028.508.80

7.696.335.666.206.93

6.985.453.253.00

1.782.733.111.573.30

3.221.962.683.183.50

4.075.114.225.668.20

7.184.664.438.73

10.50

5.825.045.547.93

11.19

13.3616.3812.269.09

10.23

8.106.816.667.579.21

8.105.693.523.02

1 Rate on new issues within period; bank-discount basis.2 Yields on the more actively traded issues adjusted to constant maturities by the Treasury Department.3 Effective rate (in the primary market) on conventional mortgages, reflecting fees and charges as well as contract rate and

assuming, on the average, repayment at end of 10 years. Rates beginning January 1973 not strictly comparable with prior rates.4 Bank-discount basis; prior to November 1979, data are for 4-6 months paper.5 For monthly data, high and low for the period. Prime rate for 1929-33 and 1947-48 are ranges of the rate in effect during the

period.6 Since July 19, 1975, the daily effective rate is an average of the rates on a given day weighted by the volume of transactions at

these rates. Prior to that date, the daily effective rate was the rate considered most representative of the day's transactions, usuallythe one at which most transactions occurred.

7 From October 30, 1942, to April 24, 1946, a preferential rate of 0.50 percent was in effect for advances secured by Governmentsecurities maturing in 1 year or less.



TABLE B-72.—Bond yields and interest rates, 1929-93—Continued

[Percent per annum]

Year andmonth

1989:JanFebMar

Jay!!!!!!!!!!!!JuneJulyAugSeptOctNovDec




1993:JanFebMarAprMayJunJulAug

&:::::::::::NovDec

J.S. Treasury securities

Bills(new issues)l

3-month

8.298.488.838.708.408.227.927.911117.637 657.64

7 647.767.877.787.787.747 667.447.387.197 076.81

6.305.955.915 675.515.605.585.395.255 034.604.12

3.843.844.053.813.663.703.283 142.972.843.143.25

3.062.952.972.892.963.103.053.052.963.043.123.08

6-month

8.388.498.878.738.398.007.631117 747.617 467.45

7 521117.837.827.827.647 577.367.337.207 046.76

6.345.935.915 735.655.765.715.475.295 084.664.16

3.883.944.193.933.783.813.363 233.012.983.353.39

3.173.083.083.003.073.233.153.173.063.133.273.25

Constant maturities2

3-year

9.209.329.619.408.988.377.838.138 268.027 80111

8 138.398.638.788.698.408 268.228.278.077 747.47

7.387.087.357 237.127.397.386.806.506 235.905.39

5.405.726.185.935.815.604.914 724.424.645.145.21

4.934.584.404.304.404.534.434.364.174.184.504.54

10-year

9.099.179.369.188.868.288.028.118 198.011 SI7.84

8 218.478.598.798.768.488 478.758.898.728 398.08

8.097.858.118 048.078.288.277.907.657 537.427.09

7.037.347.547.487.397.266.846 596.426.596.876.77

6.606.265.985.976.045.965.815.685.365.335.725.77

30-year

8.939.019.179.038.838.278.088.128158.007 907.90

8 268.508.568.768.738.468 508.869.038.868 548.24

8.278.038.298 218.278.478.458.147.957 937.927.70

7.587.857.977.967.897.847.607 397.347.537.617.44

7.347.096.826.856.926.816.636.326.005.946.216.25

Corporatebonds

(Moody's)

Aaa

9.629.649.809.799.579.108.938.969 018.928 898!86

8 999.229.379.469.479.269 249.419.569.539 309.05

9.048.838.938 868.869.019.008.758.618 558.488.31

8.208.298.358.338.288.228.077 957.927.998.107.98

7.917.717.587.467.437.337.176.856.666.676.936.93

Baa

10.6510.6110.6710.6110.4610.039.879.889 919.819 819.82

9 9410.1410.2110.3010.4110.2210 2010.4110.6410.7410 6210.43

10.4510.0710.099 949.869.969.899.659.519 499.459.26

9.139.239.259.219.139.058.848 658.628.848.968.81

8.678.398.158.148.218.077.937.607.347.317.667.69

High-grade

munici-pal

bonds(Stand-ard &

Poor's)

7.417.477.617.497.256.976.977.081111.111137.01

7 137.217.297.367.347.227 157.317.407.407 107.04

7.056.907.077 056.957.097.036.896.806 596.646.63

6.416.676.696.646.576.506.126 086.246.386.356.24

6.185.875.655.785.815.735.605.505.315.295.475.35

New-homemort-gage

yields3

9.529.829.99

10.1710.1810.4210.4810.2210 2410.1110 0910.07

9 919.88

10.0310.1710.2810.1310 0810.119.909.989 909.76

9.659.579.439 609.529.469.439.489.309 048.648.53

8.498.658.518.588.598.438.008 007.937.908.077.88

7.827.777.467.467.377.237.207.056.956.806.806.92

Com-mer-cial

paper,6

months4

9.029.359.979.789.298.808.358.328 508.248 007.93

7 968.048.238.298.238.067 901117.837.817 747.49

7.026.416.366 075.946.166.145.765.595 334.934.49

4.064.134.384.133.973.993.533 443.263.333.673.70

3.353.273.243.193.203.383.353.333.253.273.433.40

Primerate

chargedby

banks5

High-low

10.50-10.5011.50-10.5011.50-11.5011.50-11.5011.50-11.5011.50-11.0011.00-10.5010.50-10.5010 50-10 5010.50-10.5010 50-10 5010.50-10.50

10 50-10 0010.00-10.0010.00-10.0010.00-10.0010.00-10.0010.00-10.0010 00-10 0010.00-10.0010.00-10.0010.00-10.0010 00-10 0010.00-10.00

10.00- 9.509.50- 9.009.00- 9.009 00- 9 009.00- 8.508.50- 8.508.50- 8.508.50- 8.508.50- 8.008 00- 8 008.00- 7.507.50- 6.50

6.50-6.506.50-6.506.50-6.506.50-6.506.50-6.506.50-6.506.50-6.006 00-6 006.00-6.006.00-6.006.00-6.006.00-6.00

6.00-6.006.00-6.006.00-6.006.00-6.006.00-6.006.00-6.006.00-6.006.00-6.006.00-6.006.00-6.006.00-6.006.00-6.00

Discountrate,

FederalReserve

Bankof NewYork5

High-low

6.50-6.507.00-6.507.00-7.007.00-7.007.00-7.007.00-7.007.00-7.007.00-7.007 00-7 007.00-7.007 00-7 007.00-7.00

7 00-7 007.00-7.007.00-7.007.00-7.007.00-7.007.00-7.007 00-7 007.00-7.007.00-7.007.00-7.007 00-7 007.00-6.50

6.50-6.506.50-6.006.00-6.006 00-5 505.50-5.505.50-5.505.50-5.505.50-5.505.50-5.005 00-5 005.00-4.504.50-3.50

3.50-3.503.50-3.503.50-3.503.50-3.503.50-3.503.50-3.503.50-3.003 00-3 003.00-3.003.00-3.003.00-3.003.00-3.00

3.00-3.003.00-3.003.00-3.003.00-3.003.00-3.003.00-3.003.00-3.003.00-3.003.00-3.003.00-3.003.00-3.003.00-3.00

Federalfundsrate6

9.129.369.859.849.819.539.248.999 028.848 558.45

8 238.248.288.268.188.298158.138.208.117 817.31

6.916.256.125 915.785.905.825.665.455 214.814.43

4.034.063.983.733.823.763.253 303.223.103.092.92

3.023.033.072.963.003.043.063.033.092.993.022.96

Sources: Department of the Treasury, Board of Governors of the Federal Reserve System, Federal Housing Finance Board, Moody'sInvestors Service, and Standard & Poor's Corporation.


TABLE B-73.—Total funds raised in credit markets by nonfinancial sectors, 1984-93


Item 1984 1985 1986 1987 1988 1989 1990 1991 1992

Total net borrowing by domestic nonfinancial sec-tors

U.S. Government

Treasury issuesAgency issues and mortgages..

Private domestic nonfinancial sectors-

Debt capital instruments

Tax-exempt obligations...Corporate bondsMortgages

Home mortgagesMulti-family residential..CommercialFarm

Other debt instruments-

Consumer creditBank loans n.e.cOpen-market paper...Other

By borrowing sector-

State and local governmentsHouseholdsNonfinancial business

FarmNonfarm noncorporate..Corporate

Foreign net borrowing in United States..

BondsBank loans n.e.cOpen-market paperU.S. Government and other loans..

Total domestic plus foreign

Total funds supplied to domestic nonfinancial sec-tors

Private domestic nonfinancial sectors-

Deposits and currency

Checkable deposits and currencyTime and savings depositsMoney market fund sharesSecurity repurchase agreementsForeign deposits

Credit market instruments-

Foreign funds

At banksCredit market instruments

U.S. Government and related loans, net..U.S. Government cash balancesPrivate insurance and pension reserves..Other sources

Net credit market borrowing by nonfinancial sectors

764.6

197.2

197.4- . 2

567.4

329.2

58.748.1

222.4

136.225.162.3

-1 .2

238.3

81.764.021.770.9

567.4

35.7221.2310.5

- . 4123.3187.6

8.4

3.8-6 .6

6.25.0

773.0

934.6

225.7

225.8- . 1

708.9

523.4

178.683.2

261.7

172.330.365.6

- 6 . 6

185.5

82.343.814.644.8

708.9

134.0295.6279.3

-14.5133.2160.6

1.2

3.8- 2 . 8

6.2- 6 . 0

935.8

855.8

216.0

215.6.4

639.9

478.4

45.7127.1305.6

204.236.475.1

-10.1

161.5

57.558.9

- 9 . 354.3

639.9

59.2266.2314.5

-16.9106.1225.3

9.7

3.1- 1 . 011.5

- 3 . 9

865.6

739.9

143.9

142.41.5

596.0

497.9

83.578.8

335.7

241.624.976.2

- 6 . 9

98.1

32.914.7

1.648.9

596.0

83.0307.5205.5

-11.176.0

140.7

6.2

7.4- 3 . 6

3.8- 1 . 4

746.2

752.6

155.1

137.717.4

597.5

436.4

53.7103.1279.6

219.616.148.5

-4 .6

161.0

50.144.711.954.3

597.5

48.9300.1248.4

-10.057.2

201.3

6.4

6.9- 1 . 8

8.7- 7 . 5

758.9

723.0

146.4

144.71.6

576.6

408.3

65.373.8

269.1

212.512.047.3

- 2 . 7

168.3

49.536.421.461.0

576.6

63.5276.7236.3

.549.4

186.5

10.2

4.9- . 113.1

-7 .6

733.1

631.0

246.9

238.78.2

384.1

293.1

57.347.1

188.7

177.23.48.9

- . 8

91.0

13.44.29.7

63.6

384.1

54.5207.7121.9

1.819.4

100.7

23.9

21.4- 2 . 912.3

- 7 . 0

654.9

475.5

278.2

292.0-13.8

197.3

313.4

69.678.8

165.1

166.0- 2 . 5

.9

.7

-116.1

-13 .1-46.8-18 .4-37 .8

197.3

62.3168.4

-33.4

2.4-24 .5-11 .3

13.9

14.13.16.4

- 9 . 8

489.4

Direct and indirect supply of funds to credit markets

582.4

304.0

303.8.2

278.4

254.0

65.767.3

121.1

176.0-11 .1-45 .5

1.6

24.4

9.3- 5 . 6

8.612.0

278.4

59.4215.0

4.0

1.5-39.4

41.8

24.2

17.32.35.2

- . 6

606.6

764.6

446.7

310.1

37.0221.248.7

9.8- 6 . 5

136.6

76.0

9.067.1

16.04.0

139.981.9

934.6

487.2

204.0

56.9122.6

2.117.74.7

283.2

86.1

19.666.5

37.410.3

215.798.0

855.8

329.9

273.0

114.186.241.820.010.8

56.9

115.7

12.9102.8

17.01.7

233.7157.8

739.9

405.0

163.3

18.199.425.221.5

- 1 . 0

241.7

107.9

43.764.2

5.6- 5 . 8184.842.4

752.6

421.8

225.7

29.1139.7

16.932.9

7.1

196.1

117.9

9.3108.6

-18.27.3

127.796.1

723.0

285.4

162.8

9.670.185.6

- 2 . 1- . 3

122.6

74.8

- 9 . 584.4

-49.9- 3 . 4293.7122.3

631.0

259.7

96.9

21.928.454.9

-22.113.9

162.8

105.9

23.882.1

17.35.3

146.896.0

475.5

-38.4

-22 .3

70.1-104.9

29.8-14 .5

- 2 . 8

-16 .1

2.8

-22 .825.6

32.85.5

297.9175.0

582.4

67.8

-11.2

131.0-133.4

.8- . 5

- 9 . 1

79.0

149.6

48.9100.7

20.5- 5 . 9167.3183.0


TABLE B-73.—Total funds raised in credit markets by nonfinancial sectors, 1984-93—Continued


Item1991 1992 1993

Total net borrowing by domestic nonfinancialsectors

U.S. Government...

Treasury issues

Agency issues and mortgages

Private domestic nonfinancial sectors...

Debt capital instruments

Tax-exempt obligationsCorporate bondsMortgages

Home mortgagesMulti-family residential..CommercialFarm

Other debt instruments

Consumer creditBank loans n.e.cOpen-market paperOther

By borrowing sector:

State and local governments..HouseholdsNonfinancial business

FarmNonfarm noncorporate...Corporate

Foreign net borrowing in United States..

BondsBank loans n.e.cOpen-market paperU.S. Government and other loans....

Total domestic plus foreign

Total funds supplied to domestic nonfinancialsectors

Private domestic nonfinancial sectors

Deposits and currency

Checkable deposits and curren-cy

Time and savings depositsMoney market fund sharesSecurity repurchase agreementsForeign deposits

Net credit market borrowing by nonfinancial sectors

425.5

191.7

215.7-24.0

233.8

371.1

62.376.7

232.2

167.112.147.7

5.2

-137.3

-16.1-59 .5-25.1-36.7

233.8

62.6130.141.0

9.821.210.0

57.8

11.38.1

46.7- 8 . 4

483.3

565.4

269.3

275.5-6 .2

296.1

376.6

69.696.5

210.5

160.211.740.1

- 1 . 5

-80.5

- 5 . 1-30.2-16.5-28.8

296.1

59.7195.141.3

.220.220.9

-60.4

10.9- 3 . 5

-51.9-15.9

504.9

500.0

379.5

408.2-28.8

120.5

222.8

68.881.672.3

160.1-34.2-55.6

2.1

-102.2

-20.4-44.0-26.9-10.9

120.5

52.8154.5

-86 .8

4.3-81.5

- 9 . 6

23.8

15.61.4

16.0-9 .2

523.7

411.4

272.5

268.73.8

138.9

283.1

77.660.2

145.2

176.5.2

-28.6-2 .9

-144.2

-10.7-53.7

- 5 . 0-74.9

138.9

74.0193.8

-129.0

- 4 . 6-57.9-66.5

34.3

18.56.5

14.9- 5 . 6

445.6

603.3

323.8

335.0-11.2

279.5

329.7

68.076.3

185.4

216.511.6

-46.94.2

-50.2

- 9 . 8-47 .3

2.54.5

279.5

62.1199.2

18.2

4.3-21.8

35.7

1.9

4.91.5

- 8 . 03.6

605.3

586.2

352.9

352.5.4

233.4

224.1

76.677.869.8

111.6-16.9-25.7

.8

9.3

-14.727.7

- 2 . 6- 1 . 1

233.4

66.9176.5

-10.1

3.6-47.4

33.7

57.7

21.914.127.8

- 6 . 1

644.0

610.8

299.1

290.19.0

311.7

272.2

75.861.3

135.1

203.3-11.2-57.7

.8

39.4

13.5-24 .1

9.340.8

311.7

73.5217.720.5

- . 1-37 .3

57.9

37.8

20.33.9

13.1.5

648.7

529.1

240.1

237.42.7

289.0

190.1

42.453.793.9

172.8-27.9-51.6

.6

99.0

48.221.425.4

3.9

289.0

35.1266.6

-12.7

- 1 . 6-51.0

39.9

- .6

22.2-10.3-12.1

- . 4

528.5

399.3

229.6

226.43.2

169.7

237.5

62.475.0

100.2

128.4-6 .6

-21.7

-67.7

19.2-39.7-24.2-23.0

169.7

71.2137.4

-38.9

- 2 . 5-36.7

.3

50.3

75.61.6

-21.7- 5 . 3

449.5

667.5

348.2

344.14.1

319.2

266.7

67.264.9

134.5

176.2-12.8-29 .1

.2

52.5

22.931.834.8

-37.0

319.2

68.9215.8

34.5

3.4-31.4

62.5

26.8

30.46.5

- . 6- 9 . 5

694.2

579.7

177.2

160.916.2

402.5

317.3

38.955.2

223.2

229.7.2

-6 . 9

85.2

60.88.1

24.2- 8 . 0

402.5

43.7322.4

36.4

4.6-14.1

46.0

78.5

85.51.0

-1 .6- 6 . 4

658.2

Direct and indirect supply of funds to credit markets

Credit market instruments

Foreign funds

At banksCredit market instruments..

U.S. Government and related loans, netU.S. Government cash balancesPrivate insurance and pension reservesOther sources

425.5

38.5

60.8

70.9-34.3115.4

-47.4-43.9

- 2 2 . 3

1.5- . 5

46.331.3

396.7-88 .3

565.4

133.1

5.4

37.2-50.3

-2 .2.7

19.9

127.8

-64.2

-98.334.2

96.6-23.2117.9305.1

500.0

-157.0

-57.9

135.5-174.3-13 .5-17.1

11.6

-99 .1

40.5

13.127.4

33.15.2

371.3206.9

411.4

-168.2

-97 .5

37.0-160.8

19.25.91.2

-70 .7

33.9

- 7 . 341.3

-44.98.7

305.5276.4

603.3

206.6

71.2

147.9-86 .1

39.3- 8 . 7

-21 .3

135.5

90.8

- 5 . 796.5

122.9-30 .1

49.8163.2

586.2

59.4

-91 .5

76.6-175.3

23.112.9

-28 .8

150.9

219.1

78.4140.7

-71 .515.7

170.8192.7

610.8

-54.1

8.2

163.9-143.8-23.7-12.4

24.1

-62 .3

158.9

80.778.1

-43 .54.4

225.8319.4

529.1

59.4

-32.7

135.5-128.6-35.4

6.2-10.3

92.1

129.7

42.287.5

74.0-13 .5222.9

56.6

399.3

382.1

-241.3

15.7-202.7-45 .1

2.7

-11.9

-140.8

54.4

-18 .873.2

- 4 7 . 51.3

359.9413.3

667.5

35.4

153.5

579.7

-101.5

122.7-30.7

65.2- 4 . 7

.9

-118.1

158.1

68.689.5

53.49.0

180.6231.0

53.7

126.7-127.0

51.7-2 .2

4.4

-155.2

141.6

- 2 . 3144.0

-70.83.6

286.6320.3



TABLE B-74.—Mortgage debt outstanding by type of property and of financing, 1940-93


End of yearor quarter

Allproper-

ties

Farmproper-

ties

Nonfarm properties

Total1- to 4-familyhouses

Multi-familyproper-

ties

Com-mercialproper-

ties

Nonfarm properties by type of mortgage

Government underwritten

Total J

1- to 4-family houses

TotalFHA

insured

VAguar-

anteed

Conventional2

Total1- to 4-familyhouses

194019411942194319441945194619471948194919501951195219531954195519561957195819591960196119621963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921991: I...

II.IllIV

1992: I..

IV..1993: I....

II...III..

36.537.636.735.334.735.541.848.956.262.772.882.391.4

101.3113.7129.9144.5156.5171.8190.8207.5228.0251.4278.5305.9333.3356.5381.2411.1441.6473.7524.2597.4672.6732.5791.9878.6

1,010.31,163.01,328.41,460.41,566.71,641.11,828.82,054.62,312.82,615.42,963.23,248.63,549.63,761.53,923.44,042.93,812.03,874.23,874.63,923.43,959.73,982.94,020.64,042.94,059.24,099.64,160.2

6.56.46.05.44.94.84.95.15.35.66.16.77.27.78.29.09.8

10.411.112.112.813.915.216.818.921.223.125.127.529.430.532.435.439.844.949.955.463.972.886.897.5

107.2111.3113.7112.4105.995.287.783.080.578.479.180.779.779.379.979.180.280.480.680.780.880.880.9

30.031.230.829.929.730.836.943.950.957.166.775.684.293.6

105.4120.9134.6146.1160.7178.7194.7214.1236.2261.7287.0312.1333.4356.1383.5412.2443.2491.8562.0632.8687.5742.0823.2946.4

1,090.21,241.71,362.91,459.51,529.81,715.11,942.22,206.92,520.22,875.53,165.73,469.13,683.13,844.23,962.23,732.33,794.93,794.83,844.23,879.53,902.53,940.03,962.23,978.44,018.84,079.3

17.418.418.217.817.918.623.028.233.337.645.251.758.566.175.788.299.0

107.6117.7130.9141.9154.6169.3186.4203.4220.5232.9247.3264.8283.2297.4325.9366.5407.9440.7482.1546.3642.7753.5870.5965.1

1,039.81,081.71,199.41,335.11,504.71,707.11,936.12,169.32,408.42,615.42,778.82,953.52,649.92,700.12,722.82,778.82,823.12,856.72,911.42,953.52,976.83,026.93,088.5

5.75.95.85.85.65.76.16.67.58.6

10.111.512.312.913.514.314.915.316.818.720.323.025.829.033.637.240.343.947.352.260.170.182.893.1

100.0100.6105.7114.0124.9134.9142.3142.1145.8160.9185.7215.6251.8276.0293.7306.5309.4306.4295.0312.3314.8305.9306.4309.0304.8302.0295.0293.6290.6290.9

6.97.06.76.36.26.47.79.1

10.210.811.512.513.414.516.318.320.723.226.129.232.436.541.146.250.054.560.164.871.476.985.695.9

112.7131.7146.9159.3171.2189.7211.8236.3255.5277.5302.2354.8421.4486.6561.3663.4702.7754.2758.3759.0713.7770.1779.9766.0759.0747.4741.0726.6713.7708.1701.3699.9

2.33.03.74.14.24.36.39.8

13.617.122.126.629.332.136.242.947.851.655.259.362.365.669.473.477.281.284.188.293.4

100.2109.2120.7131.1135.0140.2147.0154.1161.7176.4199.0225.1238.9248.9279.8294.8328.3370.5431.4459.7486.8517.9537.2533.3525.3545.7535.3537.2538.1536.1537.5533.3530.5522.6517.9

2.33.03.74.14.24.36.19.3

12.515.018.822.925.428.132.138.943.947.250.153.856.459.162.265.969.273.176.179.984.490.297.3

105.2113.0116.2121.3127.7133.5141.6153.4172.9195.2207.6217.9248.8265.9288.8328.6387.9414.2440.1470.9493.3489.8478.0497.3491.4493.3494.3492.4493.9489.8487.0479.0474.2

2.33.03.74.14.24.13.73.85.36.98.59.7

10.812.012.814.315.516.519.723.826.729.532.335.038.342.044.847.450.654.559.965.768.266.265.166.166.568.071.481.093.6

101.3108.0127.4136.7153.0185.5235.5258.8282.8310.9330.6326.0317.0334.1329.1330.6330.6328.8329.5326.0323.4315.2310.5

0.22.45.57.28.1

10.313.214.616.119.324.628.430.730.430.029.729.629.930.930.931.131.332.533.835.737.339.544.750.056.261.667.073.682.092.0

101.6106.2109.9121.4129.1135.8143.1152.4155.4157.3160.0162.7163.8161.0163.2162.2162.7163.7163.6164.4163.8163.6163.8163.7

27.728.227.125.825.526.530.634.137.340.044.749.154.961.569.378.086.894.6

105.5119.4132.3148.5166.9188.2209.8231.0249.3267.9290.1312.0333.9371.1430.9497.7547.3595.0669.0784.6913.9

1,042.71,137.81,220.61,280.91,435.31,647.31,878.62,149.72,444.12,706.02,982.23,165.23,307.03,428.93,206.93,249.23,259.43,307.03,341.53,366.43,402.53,428.93,447.93,496.23,561.4

15.115.414.513.713.714.316.918.920.822.626.328.933.238.043.649.355.160.467.677.085.595.5

107.1120.5134.1147.4156.9167.4180.4193.0200.2220.7253.5291.7319.4354.3412.8501.0600.2697.6769.9832.2863.9950.6

1,069.21,215.91,378.51,548.21,755.11,968.32,144.52,285.52,463.82,171.92,202.82,231.52,285.5

2,328.72,364.32,417.62,463.82,489.82,548.02,614.3

1 Includes FHA insured multifamily properties, not shown separately.2 Derived figures. Total includes multifamily and commercial properties, not shown separately.

Source: Board of Governors of the Federal Reserve System, based on data from various Government and private organizations.


TABLE B-75.—Mortgage debt outstanding by holder, 1940-93


End of yearor quarter

1940194119421943194419451946194719481949

195019511952195319541955.1956195719581959

1960.1961196219631964196519661967 .. .19681969

197019711972197319741975197619771978 .. . .19791980198119821983198419851986198719881989

199019911992

1991: 1IIIIIIV

1992- 1IIIllIV

1993- 1IIIll

Total

36.537.636.735.334.735.541.848.956.262.7

72.882 391.4

101.3113.7129 9144.5156.51718190.8

207.5228.0251.4278 5305.9333.3356.5381.2411.1441.6

473.7524.2597 4672.6732 5791.9 •878 6

1,010.31,163.01,328.4

1,460.41,566.71,641.11 828 82,054.62,312.82,615.42 963 23 248 63,549.6

3,761.53,923.44,042.9

3,812.03,874.23,874.63,923.4

3,959.73,982.94,020.64,042.9

4 059 24,099.64,160.2

Major financial institutions

Total

19.520.720.720.220.221.026.031.837.842.9

51.759 566.975.185.799 3

111.2119.71315145.5

157.6172.6192.5217 1241.0264.6280.8298.8319.9339.1

355.9394.2450 0505.4542 6581.2647 5745.2848.2938.2

996.81,040.51,021.31 108 21,245.91,361.51,474.31 665 31 831 51,931.51,914.31,846.71,769.2

1,902.91,899.41,860.81,846.7

1,826.71,803.81,793.51,769.2

1753 01,765.11,770.3

Savingsinstitu-tions *

9.09.49.29.09.19.6

11.513.816.118.3

21.925 529.834.941.148 955.561.268 978.1

87.098.0

111.1127 2141.9154.9161.8172.3184.3196.4

208.3236.2273 7305.0324 2355.8404.6469.4528.0574.6

603.1618.5578.1626 7709.7760.5778.0860 5924 6910.3

801.6705.4628.0

776.5755.4719.7705.4

682.3659.6648.2628.0

617.2612.4610.1

Commer-cial

banks2

4.64.94.74.54.44.87.29.4

10.911.6

13.714 715.916.918.621022.723.325 528.1

28.830.434.539 444.049.754.459.065.770.7

73.382.599 3

119.11321136.21513179.0214.0245.2

262.7284.2301.3330 5379.5429.2502.5592 4674 0767.1

844.8876.1894.5857.4872.4871.0876.1

881.0885.0891.4894.5

891.8910.9922.4

Lifeinsur-ancecom-

panies

6.06.46.76.76.76.67.28.7

10.812.9

16.119 321.323.326.029 433.035.237 139.2

41.844.246.950.555.260.064.667.570.072.0

74.475.576 981.486 289.291696.8

106.2118.4

131.1137.7142.01510156.7171.8193.8212.4232 9254.2

267.9265.3246.7

269.0271.7270.1265.3

263.3259.3253.9246.7

244.1241.7237.8

Other holders

Federaland

relatedagen-cies3

4.94.74.33.63.02.42.01.81.82.3

2.8354.14.64.85.36.27.780

10.2

11.512.212.611.812.213.517.520.925.131.1

38.346.454.664.882 2

101.1116.7140.5170.6216.0

256.8289.4355.4433.4490.6581.9733.7858.9937.8

1,067.3

1,258.91,422.61,558.3

1,302.31,351.71,389.51,422.6

1,458.11,497.11,521.51,558.3

1,587.01,600.51,637.9

Individ-uals andothers 4

12.012.211.711.511.512.113.815.316.617.5

18.419 320.421.723.225.327.129.132 335.1

38.443.146.349.552.755.258.261.466.171.4

79.483.692.8

102.4107.7109.6114.4124.6144.3174.3

206.8236.8264.4287.2318.1369.4407.3439.0479.4550.7

588.3654.0715.4

606.8623.0624.3654.0

674.9681.9705.6715.4

719.2734.0752.0

1 Includes savings banks and savings and loan associations. Data reported by Federal Savings and Loan Insurance Corporation-insuredinstitutions include loans in process for 1987 and exclude loans in process beginning 1988.

2 Includes loans held by nondeposit trust companies, but not by bank trust departments.3 Includes Government National Mortgage Association (GNMA), Federal Housing Administration, Veterans Administration, Farmers Home

Administration (FmHA), and in earlier years Reconstruction Finance Corporation, Homeowners Loan Corporation, Federal Farm MortgageCorporation, and Public Housing Administration. Also includes U.S.-sponsored agencies such as Federal National Mortgage Association(FNMA), Federal Land Banks, Federal Home Loan Mortgage Corporation (FHLNIC), and mortgage pass-through securities issued orguaranteed by GNMA, FHLMC, FNMA or FmHA. Other U.S. agencies (amounts small or current separate data not readily available)included with "individuals and others."

4 Includes private mortgage pools.

Source: Board of Governors of the Federal Reserve System, based on data from various Government and private organizations.


TABLE B-76.—Consumer credit outstanding, 1952-93

[Amount outstanding (end of month); millions of dollars, seasonally adjusted]

Year and monthTotal

consumercredit

Installment c red i t l

Total Automobile Revolving2 Other3Noninstallment

credit4

December-.19521953195419551956195719581959

1960196119621963196419651966196719681969

1970197119721973197419751976197719781979

198019811982198319841985198619871988 51989

199019911992

1992:JanFebMar

May!"!!!'.!'.'.!'.'.!J u n e


1993:JanFebMarAprMayJuneJulyAugSeptOctNov "

29,76633,76935,02741,88545,50348,13248,35655,878

60,03562,34068,23176,60685,98995,948101,839106,716117,231126,928

131,600147,058166,009190,601199,365204,963228,162263,808308,272347,507

350,269366,869383,132431,170511,314591,291647,982680,036729,121786,732

798,274784,061793,175

786,081784,884784,676780,983780,283780,163

779,563781,043782,778784,113787,521793,175

797,126799,251800,930804,514804,406805,691

810,546813,472820,017827,318833,437

20,12123,87024,47029,80932,66034,91434,73640,421

44,33545,43850,37557,05664,67472,81478,16281,78390,11299,381

103,905116,434131,258152,910162,203167,043187,782221,475261,976296,483

298,154311,259325,805368,966442,602517,660572,006608,675662,553724,353

738,765733,510741,093

735,406734,225734,434731,736730,612730,866

730,496731,023733,023734,195736,023741,093

743,583747,228750,131752,193750,293752,428

757,465762,503768,573776,234783,115

7,6519,7029,75513,48514,49915,49314,26716,641

18,10817,65620,00122,89125,86529,37831,02431,13634,35236,946

36,34840,52247,83553,74054,24156,98966,82180,94898,739112,475

111,991119,008125,945143,560173,564210,238247,772266,295285,364292,536

284,739260,898259,627

261,553260,666262,087260,746259,844257,989

258,259258,827259,433258,208258,860259,627

258,737261,434262,313262,463264,007265,388

267,468268,784270,650274,600277,576

2,0223,563

4,9008,2529,391

11,31813,23214,507,16,59536,68945,20253,357

55,11161,07066,45479,088

100,280121,758135,825153,064174,269198,544

222,552243,564254,299

245,609246,474246,324246,987247,205248,795

248,980249,384250,456251,806252,086254,299

255,984258,384259,661261,450262,690263,338

266,938270,753273,703277,125279,273

12,47014,16814,71516,32418,16119,42120,46923,780

26,22727,78230,37434,16538,80943,43647,13850,64753,73858,872

62,65767,66074,03287,85294,73095,547

104,366103,838118,035130,651

131,053131,182133,406146,318168,758185,664188,408189,316202,921233,273

231,474229,048227,167

228,243227,085226,023224,002223,562224,081

223,257222,812223,135224,181225,077227,167

228,862227,410228,157228,280223,596223,701

223,058222,967224,220224,509226,266

9,6459,899

10,55712,07612,84313,21813,62015,457

15,70016,90217,85619,55021,31523,13423,67724,93327,11927,547

27,69530,62434,75137,69137,16237,92040,38042,33346,29651,024

52,11555,61057,32762,20468,71373,63175,97671,36266,56862,379

59,50950,55152,082

50,67650,65950,24249,24749,67149,297

49,06750,02049,75549,91951,49752,082

53,54352,02350,79952,32154,11353,263

53,08150,96951,44451,08450,322

1 Installment credit covers most short- and intermediate-term credit extended to individuals through regular business channels,usually to finance the purchase of consumer goods and services or to refinance debts incurred for such purposes, and scheduled to berepaid (or with the option of repayment) in two or more installments. Credit secured by real estate is excluded.

2 Consists of credit cards at retailers, gasoline companies, and commercial banks, and check credit at commercial banks. Excludes 30-day charge credit held by travel and entertainment companies. Prior to 1968, included in "other," except gasoline companies included innoninstallment credit prior to 1971. Beginning 1977, includes open-end credit at retailers, previously included in "other." Also beginning1977, some retail credit was reclassified from commercial into consumer credit.

3 Includes mobile home loans and all other installment loans not included in autombile or revolving credit, such as loans foreducation, boats, trailers, or vacations. These loans may be secured or unsecured.

4 Noninstallment credit is credit scheduled to be repaid in a lump sum, including single-payment loans, charge accounts, and servicecredit. Because of inconsistencies in the data and infrequent benchmarking, series is no longer published by the Federal Reserve Boardon a regular basis. Data are shown here as a general indication of trends.

5 Data newly available in January 1989 result in breaks in many series between December 1988 and subsequent months.



GOVERNMENT FINANCE

TABLE B-77.—Federal receipts, outlays, surplus or deficit, and debt, selected fiscal years, 1929-95

[Billions of dollars; fiscal years]

Fiscal yearor period

1929193319391940194119421943194419451946194719481949195019511952195319541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976Transition

quarter...1977197819791980198119821983198419851986198719881989199019911992199319942

19952

Total

Re-ceipts

392.06.36.58.7

14.624.043.745 239.338 541.639.439.451.666.269.669.765.574.680.079.679.292 594.499.7

106.6112.6116.8130 8148.8153.0186.9192 8187.1207 3230.8263.2279.1298.1

81.2355.6399.6463.3517.1599.3617.8600.6666.5734.1769.1854.1909.0990.7

1,031.31,054.31,090.51,153.51,249.11,353.8

Outlays

314.69.19.5

13.735.178.691.392 755.234 529.838.842.645.567.776.170.968.470.676.682.492.192 297.7

106.8111.3118.5118.2134 5157.5178.1183.6195 6

. 210.2230 7245.7269.4332.3371.8

96.0409.2458.7503 5590.9678.2745.8808.4851.8946.4990.3

1,003.91,064.11,143.21,252.71,323.81,380.91,408.21,483.81,518.9

Surplusor

deficit

07-2 .6- 2 . 8-2 .9-4 .9

-20 .5-54.6-47.6- 4 7 6-15.9

4011.8

.6- 3 . 1

6.1- 1 . 5- 6 . 5-1 .2-3 .0

3.93.4

- 2 . 8-12.8

3- 3 . 3- 7 . 1- 4 . 8-5 .9-1 .4- 3 7-8 .6

-25.23.2

- 2 8-23.0- 2 3 4-14.9

- 6 . 1-53.2-73.7

-14.7-53.7-59.2-40.2-73.8-79.0

-128.0-207.8-185.4-212.3-221.2-149.8-155.2-152.5-221.4-269.5-290.4-254.7-234.8-165.1

Re-ceipts

5.8"6.08.0

13.722.942.543 838.137 139.937.737.348.562.665.565.160.468.273.271.671.081982.387.492.496.2

100.1111 7124.4128.1157.9159 3151.3167 4184.7209.3216.6231.7

63.2278.7314.2365.3403.9469.1474.3453.2500.4547.9568.9640.7667.5727.0749.7760.4788.0841.6912.9998.6

On-budge

Outlays

9.2"9.5

13.635.178.591.292 655^034 229.438.442.044.266.073.867.964.565.770.674.983.181.3

93J96.4

102.8101.7114 8137.0155.8158.4168 0177.3193 8200.1217.3271.9302.2

76.6328.5369.1403.5476.6543.1594.4661.3686.0"769.6806.8810.1861.4932.3

1,027.61,082.11,128.51,141.61,203.01,223.6

Surplusor

deficit

-3 .4

- 3 . 5-5 .6

-21.3-55.6-48.7- 4 8 7-17.0

2910.5— 7

-4 .74.3

-3 .4- 8 . 3- 2 . 8- 4 . 1

2.52.6

- 3 . 3- 1 2 . 1

5- 3 . 8- 5 . 9- 4 . 0- 6 . 5- 1 . 6- 3 1

-12.6-27.7

- . 5- 8 7

-26.1- 2 6 4-15.4

- 8 . 0-55 .3-70.5

-13.3-49.8-54.9-38.2-72.7-74.0

-120.1-208.0-185.7-221.7-238.0-169.3-194.0-205.2-278.0-321.7-340.5-300.0-290.1-225.0

Re-ceipts

0.5.6.7.9

1.11.3131.21 51.61.72.13.13.64.14.65.16.46.88.08.3

10 612.112.314.216.416.719 124.424.929.033 535.839 946.153.962.566.4

18.076.885.498.0

113.2130.2143.5147.3166.1186.2200.2213.4241.5263.7281.7293.9302.4311.9336.2355.2

Off-budge

Outlays

- 0 . 0- . 0

.0

.1

.1

.11

.2

.3

.4,4

.51.31.72.32.94.05.06.07.59.0

10 911.713.515.015.716.519 720.422.325.227 632.836 945.652.160.469.6

19.480.789.7

100.0114.3135.2151.4147.1165.8176.8183.5193.8202.7210.9225.1241.7252.3266.6280.9295.4

t

Surplusor

deficit

0.5.6.7.8

1.01.21 21.01 21.21.31.61.81.91.81.71.11.5.8.5

- . 7_ 2

.4- 1 . 3

- . 8.6.2

- 64.02.63.7593.03 1

.51.82.0

-3 .2

-1 .4-3 .9- 4 . 3-2 .0-1 .1- 5 . 0-7 .9

.2

.39.4

16.719.638.852.856.652.250.145.355.359.9

Gross Federal debt/pn/j nf narinfi\

Total

1 16 91 22.5

48.250.757.579.2

142.6204.1260 1271.0257 1252.0252.6256.9255.3259.1266.0270.8274.4272.7272.3279.7287.5290 5292.6302.9310.3316.1322.3328 5340.4368.7365.8380 9408.2435 9466.3483.9541.9629.0

643.6706.4776.6828.9908.5994.3

1,136.81,371.21,564.11,817.02,120.12,345.62,600.82,867.53,206.23,598.34,001.94,351.24,676.04,960.1

Held bythe

public

41.4

42.848.267.8

127.8184.8235 2241.9224 3216.3214.3219.0214.3214.8218.4224.5226.6222.2219.3226.3234.7236 8238.4248.0254.0256.8260.8263 7266.6289.5278.1283 2303.0322 4340.9343.7394.7477.4

495.5549.1607.1639.8709.3784.8919.2

1,131.01,300.01,499.41,736.21,888.12,050.32,189.32,410.42,687.92,998.63,247.23,472.43,646.1

Adden-

Grossdomes-

ticproduct

87.895.4

112.5141.8175.4201.7212 0212.5222 9246.7262.7

265.8313.5340.5363.8368.0384.7416.3438.3448.1480.2504 6517.0555.2584.5625.3671.0735 4793.3847.2925.7985 4

1,050.91 147 81,274.01,403.61,509.81,684.2

445.01,917.22,155.02,429.52,644.12,964.43,122.23,316.53,695.03,967.74,219.04,452.44,808.45,173.35,481.55,673.35,937.26,294.86,641.27,022.0

1 Not strictly comparable with later data.2 Estimates.

Note.—Through fiscal year 1976, the fiscal year was on a July 1-June 30 basis; beginning October 1976 (fiscal year 1977), the fiscalyear is on an October l-September 30 basis. The 3-month period from July 1, 1976 through September 30, 1976 is a separate fiscalperiod known as the transition quarter.

Refunds of receipts are excluded from receipts and outlays.See Budget of the United States Government, Fiscal Year 1995, February 1994, for additional information.Sources: Department of Commerce (Bureau of Economic Analysis), Department of the Treasury, and Office of Management and


TABLE B-78.—Federal receipts, outlays, and debt, fiscal years 1982-95

[Millions of dollars; fiscal years]

DescriptionActual

1982 1983 1984 1985 1986 1987 1988

RECEIPTS AND OUTLAYS:Total receiptsTotal outlays

Total surplus or deficit ( - ) . . .

On-budget receiptsOn-budget outlays

On-budget surplus or deficit ( - )

Off-budget receiptsOff-budget outlays

Off-budget surplus or deficit ( - )

OUTSTANDING DEBT, END OF PERIOD:Gross Federal debt

Held by Government accountsHeld by the public

Federal Reserve SystemOther

617,766745,755

-127,989

474,299594,351

-120,052

143,467151,404

-7,937

1,136,798

217,560919,238

134,497784,741

600,562808,380

-207,818

453,242661,272

-208,030

147,320147,108

212

1,371,164

240,1141,131,049

155,527975,522

666,457851,846

-185,388

500,382686,032

-185,650

166,075165,813

262

1,564,110

264,1591,299,951

155,1221,144,829

734,057946,391

-212,334

547,886769,584

-221,698

186,171176,807

9,363

1,816,974

317,6121,499,362

169,8061,329,556

769,091990,336

-221,245

568,862806,838

-237,976

200,228183,498

16,731

2,120,082

383,9191,736,163

190,8551,545,308

854,1431,003,911

-149,769

640,741810,079

-169,339

213,402193,832

19,570

2,345,578

457,4441,888,134

212,0401,676,094

908,9541,064,140

-155,187

667,463861,449

-193,986

241,491202,691

38,800

2,600,760

550,5072,050,252

229,2181,821,034

RECEIPTS: ON-BUDGET AND OFF-BUDGET

Individual income taxesCorporation income taxesSocial insurance taxes and contributions....

On-budget....Off-budget...

Excise taxesEstate and gift taxesCustoms duties and feesMiscellaneous receipts:

Deposits of earnings by FederalReserve System

All other

OUTLAYS: ON-PUDGET AND OFF-BUDGET

National defenseInternational affairsGeneral science, space, and technologyEnergyNatural resources and environmentAgricultureCommerce and housing credit

On-budgetOff-budget....

617,766

297,74449,207

201,498

58,031143,467

36,3117,9918,854

15,186975

745,755

185,30912,3007,200

13,52712,99815,9446,256

6,256

600,562

288,93837,022

208,994

61,674147,320

35,3006,0538,655

14,4921,108

808,380

209,90311,8487,9359,353

12,67222,901

6,681

6,681

666,457

298,41556,893

239,376

73,301166,075

37,3616,010

11,370

15,6841,347

851,846

227,41315,8768,3177,086

12,59313,6136,917

6,917

734,057

334,53161,331

265,163

78,992186,171

35,9926,42212,079

17,0591,480

946,391

252,74816,1768,6275,68513,35725,5654,229

4,229

769,091

348,95963,143

283,901

83,673200,228

32,9196,95813,327

18,3741,510

990,336

273,37514,152.8,9764,73513,63931,4494,890

4,890

854,143

392,55783,926

303,318

89,916213,402

32,4577,49315,085

16,8172,490

1,003,911

281,99911,6499,2164,115

13,36326,6066,182

6,182

TransportationCommunity and regional developmentEducation, training, employment, and

social servicesHealthMedicareIncome securitySocial security

On-budgetOff-budget

Veterans benefits and services-Administration of justiceGeneral governmentNet interest

On-budgetOff-budget

AllowancesUndistributed offsetting receipts

On-budgetOff-budget

20,6258,347

27,02927,44546,567

107,717155,964

844155,120

23,9584,71210,91485,044

87,114-2,071

21,3347,560

26,60628,64152,588122,598170,724

19,993150,731

24,8465,10511,23589,828

91,673-1,845

23,6697,673

27,57930,41757,540112,668178,223

7,056171,167

25,6145,66311,817

111,123

114,432-3,310

25,8387,680

29,34233,54265,822128,200188,623

5,189183,434

26,2926,27011,588

129,504

133,622-4,118

-26,099

-24,453-1,646

-33,976

-32,198-1,778

-31,957

-29,913-2,044

-32,698

-30,189-2,509

28,1177,233

30,58535,93670,164119,796198,757

8,072190,684

26,3566,57212,564

136,047

140,377-4,329

-33,007

-30,150-2,857

26,2225,051

29,72439,96775,120123,250207,353

4,930202,422

26,7827,5537,565

138,652

143,942-5,290

-36,455

-33,155-3,300

908,954

401,18194,508334,335

92,845241,491

35,2277,59416,198

17,1632,747

1,064,140

290,36110,47110,8412,297

14,60617,21018,815

18,815

27,2725,294

31,93844,48778,878

129,332219,341

4,852214,489

29,4289,2369,464

151,838

159,253-7,416

-36,967

-32 ,585- 4 , 3 8 2

Note.—Through fiscal year 1976, the fiscal year was on a July 1-June 30 basis; beginning October 1976 (fiscal year 1977), the fiscalyear is on an October 1-September 30 basis. The 3-month period from July 1, 1976 through September 30, 1976 is a separate fiscalperiod known as the transition quarter.

Refunds of receipts are excluded from receipts and outlays.



TABLE B-78.—Federal receipts, outlays, and debt, fiscal years 1982-95—Continued

[Millions of dollars; fiscal years]

DescriptionActual

1989 1990 1991 1992 1993

Estimates

1994 1995

RECEIPTS AND OUTLAYS:Total receiptsTotal outlays

Total surplus or deficit ( - ) . .

On-budget receiptsOn-budget outlays

On-budget surplus or deficit ( - ) . . . .

Off-budget receipts..Off-budget outlays....

Off-budget surplus or deficit ( - ) ..

OUTSTANDING DEBT, END OF PERIOD:Gross Federal debt

Held by Government accounts..Held by the public

Federal Reserve SystemOther

990,6911,143,172

-152,481

727,026932,261

-205,235

263,666210,911

52,754

2,867,493

678,1572,189,336

220,0881,969,248

1,031,3211,252,705

-221,384

749,6661,027,640

-277,974

281,656225,065

56,590

3,206,207

795,8412,410,366

234,4102,175,956

1,054,2721,323,793

-269,521

760,3881,082,106

-321,719

293,885241,687

52,198

3,598,303

910,3622,687,942

258,5912,429,351

1,090,4531,380,856

-290,403

788,0271,128,518

-340,490

302,426252,339

50,087

4,001,941

1,003,3022,998,639

296,3972,702,243

1,153,5351,408,205

-254,670

841,6011,141,618

-300,017

311,934266,587

45,347

4,351,223

1,104,0453,247,178

325,6532,921,526

1,249,0711,483,829

-234,758

912,8921,202,953

-290,061

336,179280,876

55,303

4,676,029

1,203,6173,472,412

1,353,8151,518,945

-165,130

998,5941,223,582

-224,987

355,221295,364

59,857

4,960,128

1,314,0013,646,127

RECEIPTS. ON-BUDGET AND OFF-BUDGET..

Individual income taxesCorporation income taxesSocial insurance taxes and contributions..

On-budgetOff-budget

Excise taxesEstate and gift taxesCustoms duties and feesMiscellaneous receipts:

Deposits of earnings by FederalReserve System

All other

OUTLAYS: ON-BUDGET AND OFF-BUDGET..

National defenseInternational affairsGeneral science, space, and technology..EnergyNatural resources and environmentAgricultureCommerce and housing credit

On-budgetOff-budget

TransportationCommunity and regional developmentEducation, training, employment, and social

servicesHealthMedicareIncome securitySocial security

On-budgetOff-budget

Veterans benefits and servicesAdministration of justiceGeneral governmentNet interest

On-budgetOff-budget

AllowancesUndistributed offsetting receipts

On-budgetOff-budget

990,691

445,690103,291359,416

95,751263,666

34,3868,745

16,334

19,6043,225

1,143,172

303,5599,57312,8382,70616,18216,91929,211

29,520-310

27,6085,362

36,67448,39084,964136,031232,542

5,069227,473

30,0669,4749,017

169,266

180,661-11,395

1,031,321

466,88493,507

380,047

98,392281,656

35,34511,50016,707

24,3193,011

1,252,705

299,33113,76414,4443,34117,08011,95867,142

65,5161,626

29,4858,498

38,75557,71698,102147,019248,623

3,625244,998

29,1129,99510,734

184,221

200,212-15,991

1,054,272

467,82798,086396,016

102,131293,885

42,40211,13815,949

19,1583,696

1,323,793

273,29215,85116,1112,43618,55915,18375,639

74,3211,317

31,0996,811

43,35471,183104,489170,301269,015

2,619266,395

31,34912,27611,661

194,541

214,763-20,222

1,090,453

475,964100,270413,689

111,263302,426

45,56911,14317,359

22,9203,538

1,380,856

298,35016,10716,4094,50020,02515,20510,083

9,424659

33,3336,838

45,24889,497119,024196,958287,585

6,166281,418

34,13814,42612,990

199,421

223,059-23,637

1,153,535

509,680117,520428,300

116,366311,934

48,05712,57718,802

14,9083,691

1,408,205

291,08616,82617,0304,319

20,23920,443

-22,725

-24,1661,441

35,0049,051

50,01299,415130,552207,257304,585

6,236298,349

35,72014,95513,009

198,811

225,599-26,788

1,249,071

549,901130,719461,923

125,744336,179

54,55012,74919,198

15,8474,184

1,483,829

279,82418,96817,2794,98822,28516,868

504

-1,2451,748

37,5829,282

50,793112,252143,651214,626320,460

5,796314,663

38,12916,47914,299

203,448

232,521-29,073

-37,212

-32,354-4,858

-36,615

-31,048-5,567

-39,356

-33,553-5,804

-39,280

-33,179-6,101

-37,386

-30,970-6,416

-37,887

-31,425-6,463

1,353,815

595,048140,437490,393

135,172355,221

71,88813,88520,856

16,6044,705

1,518,945

270,72517,79816,9414,564

21,81712,795

-5,482

-8,7413,259

38,3689,154

53,524123,077156,228221,440337,168

6,639330,529

39,24717,33113,807

212,835

244,504-31,669

205-42 ,597

-35,841-6,756

See Budget of the United States Government, Fiscal Year 1995, February 1994, for additional information.

Sources: Department of the Treasury and Office of Management and Budget.


TABLE B-79.—Federal budget receipts, outlays, surplus or deficit, and debt, as percentages oj gross domestic

product, 1934-93

[Percent; fiscal years]

Fiscal year

1934 .

19351936 .193719381939

1940194119421943 . .194419451946 . .194719481949 .

1950195119521953195419551956195719581959 .

1960196119621963196419651966196719681969

1970197119721973197419751976Transition quarter19771978 . .1979

1980198119821983198419851986198719881989

19901991199219931994 l

1995 1

Receipts

4.9

5.35.16.27.77.2

6.977

10.313.721.721.318.517.316.815.0

14.816.519.419.118.917.017.918.317.816.5

18.318.318.018 218.017.417.818.818.120.2

19.617.818.118.118.818.517.718.318.518.519.1

19.620.219 818.118.018 518.219.218 919.2

18.818.618.418 318.819.3

Outlays

Total

10.8

9.310.68.77.8

10.4

9.912 124.844.845.343.726.015.512.114.8

16.014.519.920.919.317.817.017.518.419.2

18.318.919.219 019.017.618.319.821.019.8

19.920.020.119.319.222.022.121.621.321.320.7

22.322.923 924.423.123 923.522.522 122.1

22.923.323.322 422.321.6

Nationaldefense

1.757

18.138.039.239.120.1

5.73.75.0

5.27.5

13.514.513.411.110.210.410.410.2

9.59.69.4918.87.57.99.09.78.9

8.37.56.96.05.75.75.35.05.14.84.8

5.15.35.96.36.26.46.56.36.05.9

5.54.85.04.64.23.9

Surplus ordeficit ( )

- 5 . 9

- 4 . 1-5 .6- 2 . 5

— 1-3^2

- 3 . 1- 4 4

-14.5-31.1-23.6-22.4

- 7 . 51.84.8

.2

-1 .21.9

- . 4-1 .8

- . 3- . 8

.9

.8- . 6

-2 .7

.1- . 6

- 1 . 3- 8- . 9- . 2- . 5

- 1 . 1-3 .0

.4

- . 3-2 .2- 2 . 0-1 .2

- . 4- 3 . 5-4 .4- 3 . 3- 2 . 8-2 .7-1 .7

- 2 . 8- 2 . 7- 4 . 1- 6 . 3-5 .0-5 .4-5 .2-3 .4-3 .2- 2 . 9

- 4 . 0- 4 . 8- 4 . 9- 4 . 0- 3 . 5-2 .4

Gross Federal debt (period)

Total

53.151.155.981.3

101.2122.7127.5115.4102.296.2

96.681.476.173.173.671.365.562.162.459.9

57.656.654.653.150.548.044.742.943.539.5

38.738.838.036.634.535.937.336.236.836.034.1

34.433.536.441.342.345.850.352.754.155.4

58.563.467.469.170.470.6

end of

Held by public

44.842.947.872.891.6

110.9113.8100.687.781.6

82.468.463.160.061.058.953.450.050.548.9

46.946.144.743.541.138.935.933.634.230.0

28.728.828.126.824.526.128.327.828.628.226.3

26.826.529.434.135.237.841.242.442.642.3

44.047.450.551.652.351.9

1 Estimates.

Note.—Through fiscal year 1976, the fiscal year was on a July 1-June 30 basis; beginning October 1976 (fiscal year 1977), thefiscal year is on an October 1-September 30 basis. The 3-month period from July 1, 1976 through September 30, 1976 is a separatefiscal period known as the transition quarter.

See Budget of the United States Government, Fiscal Year 1995, February 1994, for additional information.

Sources-. Department of the Treasury and Office of Management and Budget.


TABLE B-80.—Federal and State and local government receipts and expenditures, national income and

product accou nts, 195 9-93

[Biiiions of dollars; quarterly data at seasonally adjusted annual rates]

Yearor

quarter

Total government

Receipts Expendi-tures

Surplus ordeficit(-),

nationalincome

andproduct

accounts

Federal Government


Surplus ordeficit

nationalincome

andproduct

accounts

State and local government


Surplus ordeficit(-).

nationalincome

andproductaccounts

1959

19601961196219631964

19651966196719681969

19701971197219731974

19751976197719781979

19801981198219831984

19851986198719881989

1990199119921993"

1982: IV...1983: IV...1984: IV...1985: IV...1986: IV...1987: IV...1988: IV1989: IV

1990:1..IIIllI V

1991:1

II

IV

1992:1..

1993:1..

Ill

IV P

128.8

138.8144.1155.8167.5172.9

187.0210.7226.4260.9294.0

299.8318.9364.2408.5450.7

465.8532.6598.4673.2754.7

825.7941.9960.5

1,016.41,123.6

1,217.01,290.81,405.21,492.41,622.6

1,709.11,755.21,849.41,969.1

965.91,043.71,147.11,243.81,335.41,445.71,535.81,644.1

1,676.11,705.11,728.71,726.5

1,728.11,740.91,765.01,786.8

1,819.71,837.61,834.41,906.01,902.51,966.31,981.4

131.9

135.2147.1158.7165.9174.5

185.8211.6240.2265.5284.0

311.2338.1368.1401.6455.2

530.6570.9615.2670.3745.3

861.0972.3

1,069.11,156.21,232.4

1,342.21,437.51,516.91,590.71,700.1

1,847.51,951.32,118.52,192.7

1,122.81,180.01,274.91,374.71,461.61,561.51,630.51,744.3

1,808.01,827.71,848.61,905.8

1,867.21,941.61,977.22,019.4

2,083.92,109.72,123.82,156.62,165.32,187.92,195.82,222.1

- 3 . 1

3.6- 3 . 0-2 .9

1.6-1 .6

1.2- 1 . 0

-13.7- 4 . 610.0

-11 .5-19.2

-3 .96.9

- 4 . 5

-64.8-38 .3-16.8

2.99.4

-35 .3-30 .3

-108.6-139.8-108.8

-125.3-146.8-111.7

-98 .3-77.5

-138.4-196.2-269.1-223.7

-156.9-136.3-127.8-130.9-126.2-115.8

-94.7-100.2

-131.9-122.7-119.9-179.3

-139.1-200.7-212.2-232.6

-264.2-272.2-289.5-250.6-262.8-221.5-214.4

90.6

97.099.0

107.2115.5116.2

125.8143.5152.6176.8199.6

195.2202.6232.0263.7294.0

294.8339.9384.0441.2504.7

553.0639.0635.4660.0725.8

788.6827.2913.8972.3

1,059.3

1,111.41,127.81,183.01,267.6

632.3671.1739.8803.6856.8943.5

1,000.61,068.3

1,091.31,114.51,123.71,115.8

1,115.81,120.31,132.61,142.5

1,165.91,176.11,169.11,221.11,218.41,268.01,275.9

93.2

93.4101.7110.6114.4118.8

124.6144.9165.2181.5191.0

208.5224.3249.3270.3305.6

364.2392.7426.4469.3520.3

613.1697.8770.9840.0892.7

969.91,028.21,065.61,109.01,181.6

1,274.91,331.21,459.31,493.4

815.7855.7926.6990.8

1,034.31,096.31,135.51,209.8

1,257.81,266.51,268.31,306.9

1,261.01,326.51,350.21,387.2

1,436.11,456.01,459.81,485.31,481.91,490.61,488.51,512.5

- 2 . 6

3.5- 2 . 6- 3 . 4

1.1- 2 . 6

1.3- 1 . 4

-12.7- 4 . 7

8.5

-13.3-21 .7-17 .3

- 6 . 6-11.6

-69 .4-52.9-42.4-28.1-15.7

-60.1-58 .8

-135.5-180.1-166.9

-181.4-201.0-151.8-136.6-122.3

-163.5-203.4-276.3-225.8

-183.4-184.6-186.8-187.2-177.5-152.7-134.9-141.5

-166.4-152.0-144.6-191.0

-145.2-206.2-217.7-244.7

-270.2-279.9-290.7-264.2-263.5-222.6-212.7

45.0

48.352.456.661.167.1

72.381.589.8

102.7114.8

129.0145.3169.7185.3200.6

225.6253.9281.9309.3330.6

361.4390.8409.0443.4492.2

528.7571.2594.3631.3681.5

730.0780.5837.8887.3

417.9459.5505.1544.8582.4605.1648.2697.7

712.5722.4736.9748.3

756.2772.0787.0806.6

817.2833.2839.0861.6860.2881.0894.2

45.5

48.352.756.160.666.1

72.381.190.9

102.6113.3

127.2142.8156.3171.9193.5

221.0239.3256.3278.2305.4

336.6362.3382.1403.2434.1

472.6517.0554.2593.0636.7

704.9773.2830.6885.2

391.4411.1446.1488.4531.1568.1607.9656.4

677.9693.1712.2736.5

750.1766.5781.5794.5

811.2825.5837.8848.0859.4880.0895.9905.5

- 0 . 5

.0- . 4

.5

.41.0

.0

.5- 1 . 1

.11.5

1.82.5

13.413.47.1

4.614.625.631.125.1

24.828.526.940.358.1

56.154.340.138.444.8

25.17.37.22.1

26.548.359.056.351.237.040.241.3

34.529.324.711.7

6.15.55.5

12.1

6.17.81.2

13.5

1.1- 1 . 7

Note.—Federal grants-in-aid to State and local governments are reflected in Federal expenditures and State and local receipts. Totalgovernment receipts and expenditures have been adjusted to eliminate this duplication.



TABLE B-81.—Federal and State and local government receipts and expenditures, national income and

product accounts, by major type, 1959-93


Year orquarter

1959

19601961196219631964

19651966196719681969

19701971197219731974

19751976197719781979

19801981198219831984

19851986198719881989

1990199119921993 >>


1990:1IIIllIV

1991:1IIIllIV

1992:1IIIllIV

1993:1IIIllIV "....

Receipts

Total

128.8

138.8144.1155.8167.5172.9

187.0210.7226.4260.9294.0

299.8318.9364.2408.5450.7

465.8532.6598.4673.2754.7

825.7941.9960.5

1,016.41,123.6

1,217.01,290.81,405.21,492.41,622.6

1,709.11,755.21,849.41,969.1

965.91,043.71,147.11,243.81,335.41,445.71,535.81,644.1

1,676.11,705.11.728.71,726.5

1,728.11,740.91,765.01,786.8

1.819.71,837.61,834.41,906.0

1,902.51,966.31,981.4

Parper-

sonaltaxand

nontaxre-

ceipts

44.5

48.750.354.858.056.0

61.971.077.992.1

109.9

109.0108.7132.0140.6159.1

156.4182.3210.0240.1280.2

312.4360.2371.4368.8395.1

436.8459.0512.5527.7593.3

623.3620.4644.8681.6

372.1371.6413.4448.8478.5528.6542.0605.1

611.9627.4628.5625.2

616.4616.6619.7628.8

630.9634.6642.8670.7

657.1681.0689.0699.1

Corpo-rate

profitstax ac-cruals

23.6

22.722.824.026.228.0

30.933.732.739.439.7

34.437.741.949.351.8

50.964.273.083.588.0

84.881.163.177.294.0

96.5106.5127.1137.0141.3

138.7129.8146.3171.7

58.782.283.897.6

116.6135.2146.2134.2

132.0139.8145.7137.0

125.4128.0132.5133.4

147.0153.0130.1155.0

160.9173.3169.5

In-directbusi-nesstaxandnon-taxac-

cruals

41.9

45.548.151.754.758.8

62.765.470.479.086.6

94.3103.6111.4121.0129.3

140.0151.6165.5177.8188.7

212.0249.3256.4280.1309.5

329.9345.5365.0385.3414.7

444.0476.6502.8530 5

262.3291.7317.7335.1351.6372.3394.2424.4

436.2437.2448.0454.8

465.6470.5481.3488.9

493.4497.3504.8515.7

515.6526.2532.4547.9

Contri-butions

forsocialinsur-ance

18.8

21.922.925.428.530.1

31.640.645.550.457.9

62.268.979.097.6

110.5

118.5134.5149.8171.8197.8

216.6251.3269.6290.2325.0

353.8379.8400.7442.3473.2

503.1528.4555.6585.3

272.8298.3332.2362.3388.7409.6453.5480.4

495.9500.7506.4509.5

520.7525.7531.5535.7

548.5552.7556.6564.6

568.9585.9590.5596.0

Expenditures

Total»

131.9

135.2147.1158.7165.9174.5

185.8211.6240.2265.5284.0

311.2338.1368.1401.6455.2

530.6570.9615.2670.3745.3

861.0972.3

1,069.11,156.21,232.4

1,342.21,437.51,516.91,590.71,700.1

1,847.51,951.32,118.52,192.7

1,122.81,180.01,274.91,374.71,461.61,561.51,630.51,744.3

1,808.01,827.71,848.61,905.8

1,867.21,941.61,977.22,019.4

2,083.92,109.72,123.8

.2,156.6

2,165.32,187.92,195.82,222.1

Pur-chases

99.0

99.8107.0116.8122.3128.3

136.3155.9175.6191.5201.8

212.7224.3241.5257.7288.3

321.4341.3368.0403.6448.5

507.1561.1607.6652.3700.8

772.3833.0881.5918.7975.2

1,047.41,099.31,131.81,157.1

631.6657.6727.0799.2849.7901.4937.6994.5

1,027.71,037.31,048.31,076.5

1,093.01,099.91,104.01,100.2

1,118.51,125.81,139.11,143.8

1,139.71,158.61,164.81,165.3

Trans-fer

pay-ments

27.5

29.333.634.736.638.1

41.145.854.562.669.3

83.899.4

110.9126.6150.5

189.2206.5220.9238.6266.9

317.6360.7402.7433.4447.2

479.5509.4531.8566.2615.1

679.5721.3853.1903.9

428.1439.1456.2488.3518.6542.6578.6639.0

660.6671.4682.6703.3

647.4708.9749.8779.0

829.2845.9857.1880.1

886.2896.6910.1922.8

Net interest paid

Total

6.3

6.96.46.97.47.9

8.18.58.9

10.311.5

12.412.512.915.216.3

18.522.824.426.528.7

33.448.155.561.879.1

88.390.695.4

101.8112.4

125.2140.5141.1135.3

56.667.786.789.290.5

101.3105.0114.8

118.4124.9132.4125.1

134.6141.1140.9145.5

143.0144.4141.6135.6

132.8137.2137.0134.3

Inter-estpaid

10.19.9

10.811.612.5

13.214.515.718.119.8

22.323.124.829.633.6

37.743.647.956.868.6

83.9110.2130.6146.6174.6

195.9207.9215.9229.9251.0

269.6284.4286.1286.2

135.6156.1186.5201.6208.7222.9236.0256.0

260.0266.1274.1278.3

280.3284.2285.2287.8

285.4287.8287.6283.5

281.8287.4288.9286.8

Less:Inter-

est re-ceived

bygovern-ment 2

3.33.53.94.24.6

5.16.06.87.78.3

9.910.611.914.417.3

19.220.923.530.339.9

50.562.175.084.895.6

107.6117.3120.5128.1138.6

144.5143.9144.9150.9

79.088.499.8

112.3118.2121.6131.0141.2

141.6141.2141.7153.2

145.7143.1144.3142.3

142.4143.4146.0147.9

149.0150.2151.9152.5

Less:Divi-

dendsre-

ceivedby

govern-ment 2

b'i*.2

.2

.3

.3

.5

.9

.9

.91.31.72.0

1.92.32.93.43.9

4.55.15.96.98.1

9.09.5

10.2107

3.13.54.14.75.46.17.28.5

8.79.09.09.3

9.39.59.59.7

9.810.210.310.5

10.510.710.810.9

Subsi-Hiocoieslocclesscur-rentsur-

plus ofgovern-

mententer-prises

- 0 . 9

- . 8.2.3

- . 3.1

.31.41.21.21.5

2.62.43.42.6

.4

2.61.43.33.62.9

4.84.76.2

11.79.5

6.49.7

14.110.95.4

4.5- . 32.77.2

9.619.29.72.68.2

22.016.54.4

9.93.0

- 5 . 610.4

1.8.8

- 8 . 04.3

3.03.9

- 3 . 77.7

17.16.1

- 5 . 310.7

Surplusor

HofiritOcllCIl

( —)>na-

tionalincome

andprod-

uct ac-counts

- 3 . 1

3.6- 3 . 0- 2 . 9

1.6- 1 . 6

1.2- 1 . 0

-13.7- 4 . 610.0

-11 .5-19.2

- 3 . 96.9

- 4 . 5

-64.8-38 .3-16 .8

2.99.4

-35.3-30 .3

-108.6-139.8-108.8

-125.3-146.8-111.7

-98.3-77.5

-138.4-196.2-269.1-223.7

-156.9-136.3-127.8-130.9-126.2-115.8-94.7

-100.2

-131.9-122.7-119,9-179.3

-139.1-200.7-212.2-232.6

-264.2-272.2-289.5-250.6

-262.8-221.5-214.4

Adden-dum:

Grants-in-aid

toStateandlocal

govern-ments

6.8

6.57.28.09.1

10.4

11.114.415.918.620.3

24.429.03*7.540.643.9

54.661.167.577.380.5

88.787.983.987.094.4

100.3107.6102.8111.3118.2

132.3153.0171.4185.8

84.386.997.7

104.5103.8102.9113.0121.9

127.7131.9131.9137.6

143.8151.5154.6162.3

163.4171.8173.7176.7

176.1182.8188.6195.8

1 Includes an item for the difference between wage accruals and disbursements, not shown separately.2 Prior to 1968, dividends received is included in interest received.



TABLE B-82.—Federal Government receipts and expenditures, national income and product accounts,

1976-93


Year or quarter

Fiscal:2

197619771978197919801981198219831984198519861987198819891990199119921993

Calendar:197619771978197919801981198219831984198519861987198819891990199119921993 P1982: IV1983: IV1984.1V1985: IV1986.1V1987: IV1988: IV1989: IV1990: I

IIIIIIV

1991: IIIIllIV

1992:1IIIllIV

1993:1IIIllIV "

Receipts

Total

322 0375 4423 8490 5538.1623.0642.7646.47117777.0813.8899.1955.1

1,050.11,092.01,121.41,165.61,249.3

339.9384.0441.2504.7553.0639.0635.4660.0725.8788.6827.2913.8972.3

1,059.31,111.41 127 81,183.01,267.6

632.3671.1739.8803.6856.8943.5

1,000.61,068.31,091.31,114.51,123.71,115.81,115.81,120.31,132.61,142.51,165.91,176.11,169.11,221.11,218.41,268.01,275.9

Personaltax andnontaxreceipts

136.5165.2185 5221.6249.1287.9308.4290.7300.4337.0353.1396.3403.8456.9475.2475.7484.0511.7

146.6169.1193.8229.7256 2297.2302 9292.6308.0342.8357.4400.6410.1461.9484.3474 9490.8521.2301.6290.5323.5351.8371.7414.8420.0470.1476.0489.5487.9483.9474.1472.4474.5478,5479.7482.0489.5511.8502.1520.7527.1535.0

Corpo-rate

profitstax

accruals

51759 867 475 370.469.351.656.475175.080.499.4

107.6119.2115 4108.4116.3135.6

54.661.671.474.470.365.749 061.375.276.383.8

103.2111.0117.1116.4107 1120.2141.145.565.467.077.091.4

109.7118.5111.3110.8117.2122.3115.1103.7105.7109.2109.8121.1125.8107.0127.1132.4142.4139.3

Indirectbusinesstax andnontax

accruals

24 625 027 929 936.254.351.552.057 059.153.857.859.662.263.176.780.886.0

23.825.628.930.139.657.349 753.557.858.653.558.460.961.965.879181.387.449.255.458.256.854.859.561.462.265.364.965.967.177.777.979.581.380.480.281.183.581.586.286.795.2

Contri-butions

forsocialinsur-ance

109 2125 4143 0163 7182.3211.5231.2247.3279 3305.9326.5345.5384.1411.8438.3460.6484.5516.0

115.0127.7147.1170.4186.8218.8233 8252.6284.8310.9332.5351.5390.4418.5444.8466 7490.7517.9235.9259.8291.1318.0338.8359.4400.7424.7439.2442.9447.6449.7460.3464.4469.4472.8484.7488.1491.4498.7502.3518.7522.8527.6

Expenditures

Total»

379 0417 1458 0505 4587.1679.9747.6829.2875.3952^9

1,017.61,051.01,098.51,164.51,250.01,309.21,436.01,484.5

392.7426.4469.3520.36131697 8770 9840.0892.7969.9

1,028.21,065.61,109.01,181.61,274.9133121,459.31,493.4

815.7855.7926.6990.8

1,034.31,096.31,135.51,209.81,257.81,266.51,268.31,306.91,261.01,326.51,350.21,387.21,436.11,456.01,459.81,485.31,481.91,490.61,488.51,512.5

Purchases

Total

132 6144 71581174 5201.0232.9259.5289.8302.2335.2363.7379.9386.3399.4418.1446.0444.9445.0

135.8147.9162.2179.3209.1240.8266 6292.0310.9344.3367.8384.9387.0401.6426.5445 9448.8443.4281.4289.7324.7356.9373.1392.5392.0405.1422.7423.6423.2436.5450.2449.4446.8437.4445.5444.6452.8452.4442.7447.5443.6439.7

Na-tional

de-fense

91.599.2

106.3117 7136.9160.9187.3210.2228.2251.7274.3287.6295.1299.5309.0325.8311.7306.8

93.4100.9108.9121.9142.7167.5193 8214.4233.1258.6276.7292.1295.6299.9314.0322 5313.8303.6205.5222.8242.9268.6278.6295.8296.8302.5312.1312.5309.1322.5331.4326.3321.2311.2312.3310.4316.7315.7304.8307.6301.9300.0

Transferpayments

Toper-sons

154.3167.1179.3198 5235.4274.6305.6339.8342.4360.7380.6399.4420.7449.6491.3535.9595.8630.2

159.3170.1182.4205.7247.0282.1316 4340.2344.3366.8386.2401.8425.9460.2500.9550 0608.2635.8337.8340.0346.2370.3391.4405.1429.4473.7493.6494.9501.1514.1537.5545.6551.3565.4598.4605.8611.6617.1628.9632.7639.1642.5

To restof theworld(net)

3.13.43.5404.35.25.86.58.7

11.512.59.9

10.211.614.4

-26.111.516.2

3.73.43.84.15.05.0647.39.4

11.412.310.410.411.313.2

- 2 7 916.314.28.2

11.013.913.512.814.615.115.111.615 313.412.4

-76.9-32.0

- 5 . 12.2

12.615.012.824.613.112.913.717.2

Grants-in-aid

toStateandlocalgov-ern-

ments

57.566.374.779186.790.183.486.291.598.6

108.3103.4108.4115.8128.3147.0167.4182.1

61.167.577.380.588.787.983 987.094.4

100.3107.6102.8111.3118.2132.3153.0171.4185.884.386.997.7

104.5103.8102.9113.0121.9127.7131.9131.9137.6143.8151.5154.6162.3163.4171.8173.7176.7176.1182.8188.6195.8

Netinter-estpaid

25.128.533.140 250.166.181.889.6

107.5125.2130.5133.6143.8160.5175.1183.2189.7181.3

26.829.134.642.152.771.784 492.7

113.1127.0131.0136.6146.0164.8176.5187 6187.1180.686.899.2

122.3129.2131.1143.1151.2168.9171.5176.9183.1174.4182.6188.3187.6191.9189.3190.4187.4181.3178.3182.5182.2179.3

Subsi-diesless

currentsurplus

ofgovern-mententer-prises

6.57.29.4919.6

11.011.516.823 021.622.124.928.927.622.823.326.729.7

6.28.49.28.7

10.610.313 320.420.819.923.429.128.425.525.622 627.533.617.328.822.216.422.137.834.925.030.723.915.732.023.923.415.127.927.028.521.433.242.932.321.438.0

Surplusor

deficit( - ) ,

nationalincome

andproductaccounts

-57.0-41.7-34.1- 1 4 9-49.0-56.9

-105.0-182.8

163 6-175.9-203.9-151.9-143.3-114.3-157.9-187.8-270.4-235.2

-52.9-42.4-28.1-15.7- 6 0 1-58.8

- 1 3 5 5-180.1-166.9-181.4-201.0-151.8-136.6-122.3-163.5- 2 0 3 4-276.3-225.8-183.4-184.6-186.8-187.2-177.5-152.7-134.9-141.5-166.4-152.0-144.6-191.0-145.2-206.2-217.7-244.7-270.2-279.9-290.7-264.2-263.5-222.6-212.7

1 Includes an item for the difference between wage accruals and disbursements, not shown separately.2 Through fiscal year 1976, the fiscal year was on a July 1-June 30 basis; beginning October 1976 (fiscal year 1977), the fiscal year

is on an October 1-September 30 basis. The 3-month period from July 1, 1976 through September 30, 1976 is a separate fiscal periodknown as the transition quarter. Data are not seasonally adjusted.

Sources: Department of Commerce (Bureau of Economic Analysis) and Office of Management and Budget.


TABLE B-83.—State and local government receipts and expenditures, national income and product accounts,

1959-93


Yearor

quarter

Receipts

Total

Personaltax andnontax

receipts

Corpo-rate

profitstax

accruals

Indirectbusinesstax andnontax

accruals

Contribu-tions for

socialinsurance

Federalgrants-in-

aid

Expenditures

Total1 Pur-chases

Trans-fer

pay-ments

toper-sons

Netinterest

paidlessdivi-

dendsreceived

Subsi-diesless

currentsurplus

ofgovern-

mententer-prises

Surplusor

deficit

(-),nationalincome

andproduct

accounts

1959

19601961196219631964

19651966196719681969

19701971197219731974

19751976197719781979

19801981198219831984

19851986198719881989

1990199119921993 p


1990:1II

1991: I..IIIllIV

1992:1. . .IIIllIV

1993:1. .IIIllIV "

45.0

48.352.456.661.167.1

72.381.589.8

102.7114.8

129.0145.3169.7185.3200.6

225.6253.9281.9309.3330.6

361.4390.8409.0443.4492.2

528.7571.2594.3631.3681.5

730.0780.5837.8887.3

417.9459.5505.1544.8582.4605.1648.2697.7

712.5722.4736.9748.3

756.2772.0787.0806.6

817.2833.2839.0861.6

860.2881.0894.2

4.6

5.25.76.36.77.5

8.19.5

10.612.715.2

16.718.724.226.328.2

31.035.841.046.350.5

56.263.068.576.287.1

94.0101.6111.8117.6131.4

138.9145.5154.0160.3

70.581.189.997.0

106.8113.8122.0135.0

135.9137.8140.6141.3

142.3144.2145.2150.2

151.2152.6153.3158.8

155.0160.3162.0164.1

1.2

1.21.31.51.71.8

2.02.22.63.33.6

3.74.35.36.06.7

7.39.6

11.412.113.6

14.515.414.015.918.8

20.222.723.926.024.2

22.322.726.030.5

13.116.816.820.625.225.527.722.8

21.222.623.421.9

21.722.423.323.6

25.927.223.127.9

28.530.830.1

29.3

32.034.437.039.442.6

46.149.753.960.867.4

74.883.191.299.5

107.2

115.8127.8139.9148.9158.6

172.3192.0206.8226.6251.7

271.4292.0306.5324.5352.8

378.2397.5421.5443.1

213.1236.3259.6278.3296.8312.8332.7362.2

370.9372.3382.1387.7

387.9392.6401.8407.5

413.0417.1423.7432.2

434.1440.0445.7452.6

3.1

3.43.73.94.24.7

5.05.76.77.28.3

9.210.211.513.014.6

16.819.522.124.727.4

29.732.535.837.740.2

42.847.349.251.954.8

58.361.764.967.4

36.838.441.144.349.850.252.855.8

56.757.858.959.7

60.561.462.162.9

63.864.665.265.9

66.567.267.768.3

6.8

6.57.28.09.1

10.4

11.114.415.918.620.3

24.429.037.540.643.9

54.661.167.577.380.5

88.787.983.987.094.4

100.3107.6102.8111.3118.2

132.3153.0171.4185.8

84.386.997.7

104.5103.8102.9113.0121.9

127.7131.9131.9137.6

143.8151.5154.6162.3

163.4171.8173.7176.7

176.1182.8188.6195.8

45.5

48.352.756.160.666.1

72.381.190.9

102.6113.3

127.2142.8156.3171.9193.5

221.0239.3256.3278.2305.4

336.6362.3382.1403.2434.1

472.6517.0554.2593.0636.7

704.9773.2830.6885.2

391.4411.1446.1488.4531.1568.1607.9656.4

677.9693.1712.2736.5

750.1766.5781.5794.5

811.2825.5837.8848.0

859.4880.0895.9905.5

41.8

44.548.451.455.860.9

66.874.682.792.3

101.3

112.6124.3134.7149.2170.7

192.0205.5220.1241.4269.2

298.0320.3341.1360.3389.9

428.1465.3496.6531.7573.6

620.9653.4683.0713.7

350.3367.9402.2442.4476.6509.0545.7589.3

605.0613.7625.1640.0

642.9650.5657.3662.8

673.0681.2686.2691.4

697.0711.1721.2725.6

5.6

5.96.57.07.58.2

10.112.114.516.7

20.124.027.530.432.3

38.943.647.452.457.2

65.773.679.985.993.5

101.2110.9119.6130.0143.6

165.4199.2228.6253.9

82.188.096.1

104.5114.4122.9134.2150.2

155.4161.3168.1176.8

186.7195.3203.5211.4

218.3225.1232.8238.4

244.1251.0257.2263.1

- . 3- . 6- . 9

- 1 . 1- 1 . 3

- 2 . 0- 1 . 6- 1 . 8- 3 . 3- 5 . 2

- 5 . 4- 5 . 0- 6 . 0- 9 . 8

-15 .3

-21.2-25 .9-31.8-34 .3-37.9

-43.2-45.6-47.0-51 .1-60.4

- 6 0 . 3- 5 6 . 5- 5 6 . 2- 5 6 . 0

-33.2-35 .1-39.7-44.7-45.9-48.0-53.4-62.6

-61.8-61.0-59.7-58.7

-57 .3-56.6-56.2-56.0

-56.1-56.2-56.1-56.2

-56.0-56.0-55.9-56.0

- 2 . 0

- 2 . 2- 2 . 3- 2 . 5- 2 . 8- 2 . 8

- 3 . 0- 3 . 0- 3 . 1-3 .2- 3 . 3

- 3 . 6- 3 . 7- 4 . 2- 4 . 3- 4 . 4

- 4 . 5- 4 . 8- 5 . 1- 5 . 6- 5 . 7

- 5 . 8- 5 . 6- 7 . 1- 8 . 7

-11.4

-13 .5-13.7-14.9-17 .5-20.1

-21 .1-22.9-24 .8-26 .5

- 7 . 7- 9 . 6

-12 .5-13.8-13 .9-15 .8-18 .5-20.6

-20 .7-20 .9-21.2-21.6

-22 .1-22.6-23.1-23.6

-24.0-24.6-25.1-25 .5

- 2 5 . 8- 2 6 . 2- 2 6 . 7- 2 7 . 3

- 0 . 5

.0- . 4

.5

.41.0

.0

.5- 1 . 1

.11.5

1.82.5

13.413.47.1

4.614.625.631.125.1

24.828.526.940.358.1

56.154.340.138.444.8

25.17.37.22.1

26.548.359.056.351.237.040.241.3

34.529.324.711.7

6.15.55.5

12.1

6.17.81.2

13.5

1.1- 1 . 7

1 Includes an item for the difference between wage accruals and disbursements, not shown separately.

Source-. Department of Commerce, Bureau of Economic Analysis.


TABLE B-84.—State and local government revenues and expenditures, selected fiscal years, 1927-91

[Millions of dollars]

Fiscal year l

General revenues by source2

Total Propertytaxes

Salesand

grossreceipts

taxes

Indi-vidualincometaxes

Corpo-ration

netincometaxes

Revenuefrom

FederalGovern-

ment

Allother3

General expenditures by function 2

TotalEduca-

tionHigh-ways

Publicwelfare

Allother4

1927

19321934193619381940194219441946194819501952

19531954195519561957195819591960196119621963

1962-63.1963-64.1964-65.

1965-66.1966-67.1967-68.1968-69.1969-70.

1970-71.1971-72.1972-73.1973-74.1974-75.

1975-76.1976-77.1977-78.1978-79.1979-80.

1980-81.1981-82.1982-83.1983-84.1984-85.

1985-86.1986-87.1987-88.1988-89.1989-90.

1990-91.

7,271

7,2677,6788,3959,2289,60910,41810,90812,35617,25020,91125,181

27,30729,01231,07334,66738,16441,21945,30650,50554,03758,25262,890

62,26968,44374,000

83,03691,197101,264114,550130,756

144,927167,541190,222207,670228,171

256,176285,157315,960343,236382,322

423,404457,654486,753542,730598,121

641,486686,860726,762786,129849,502

902,207

4,730

4,4874,0764,0934,4404,4304,5374,6044,9866,1267,3498,652

9,3759,96710,73511,74912,86414,04714,98316,40518,00219,05420,089

19,83321,24122,583

24,67026,04727,74730,67334,054

37,85242,87745,28347,70551,491

57,00162,52766,42264,94468,499

74,96982,06789,10596,457103,757

111,709121,203132,212142,400155,613

167,999

470

7521,0081,4841,7941,9822,3512,2892,9864,4425,1546,357

6,9277,2767,6438,6919,4679,82910,43711,84912,46313,49414,456

14,44615,76217,118

19,08520,53022,91126,51930,322

33,23337,51842,04746,09849,815

54,54760,64167,59674,24779,927

85,97193,613100,247114,097126,376

135,005144,091156,452166,336177,885

185,570

70

7480153218224276342422543788998

1.0651,1271,2371,5381,7541,7591,9942,4632,6133,0373,269

3,2673,7914,090

4,7605,8257,3088,90810,812

11,90015,22717,99419,49121,454

24,57529,24633,17636,93242,080

46,42650,73855,12964,52970,361

74,36583,93588,35097,806105,640

109,341

92

7949113165156272451447592593846

817778744890984

1,0181,0011,1801,2661,3081,505

1,5051,6951,929

2,0382,2272,5183,1803,738

3,4244,4165,4256,0156,642

7,2739,17410,73812,12813,321

14,14315,02814,25817,14119,152

19,99422,42523,66325,92623,566

22,242

116

2321,016948800945858954855

1,8612,4862,566

2,8702,9663,1313,3353,8434,8656,3776,9747,1317,8718,722

8,66310,00211,029

13,21415,37017,18119,15321,857

26,14631,34239,26441,82047,034

55,58962,44469,59275,16483,029

90,29487,28290,00796,935106,158

113,099114,857117,602125,824136,802

154,099

1,793

1,6431,4491,6041,8111,8722,1232,2692,6613,6854,5415,763

6,2526,8977,5848,4659,2529,69910,51611,63412,56313,48914,850

14,55615,95117,250

19,26921,19723,59826,11829,971

32,37436,16240,21046,54151,735

57,19161,12468,43679,82195,466

111,599128,926138,008153,570172,317

187,314200,350208,482227,838249,996

262,956

7,210

7,7657,1817,6448,7579,2299,1908,86311,02817,68422,78726,098

27,91030,70133,72436,71140,37544,85148,88751,87656,20160,20664,816

63,97769,30274,678

82,84393,350102,411116,728131,332

150,674168,549181,357198,959230,721

256,731274,215296,984327,517369,086

407,449436,733466,516505,008553,899

605,623657,134704,921762,360834,818

908,108

2,235

2,3111,8312,1772,4912,6382,5862,7933,3565,3797,1778,318

9,39010,55711,90713,22014,13415,91917,28318,71920,57422,21623,776

23,72926,28628,563

33,28737,91941,15847,23852,718

59,41365,81469,71475,83387,858

97,216102,780110,758119,448133,211

145,784154,282163,876176,108192,686

210,819226,619242,683263,898288,148

309,302

1,809

1,7411,5091,4251,6501,5731,4901,2001,6723,0363,8034,650

4,9875,5276,4526,9537,8168,5679,5929,4289,844

10,35711,136

11,15011,66412,221

12,77013,93214,48115,41716,427

18,09519,02118,61519,94622,528

23,90723,05824,60928,44033,311

34,60334,52036,65539,41944,989

49,36852,35555,62158,10561,057

64,937

151

444889827

1,0691,1561,2251,1331,4092,0992,9402,788

2,9143,0603,1683,1393,4853,8184,1364,4044,7205,0845,481

5,4205,7666,315

6,7578,2189,85712,11014,679

18,22621,11723,58225,08528,155

32,60435,90639,14041,89847,288

54,10557,99660,90666,41471,479

75,86882,65089,09097,879110,518

130,402

3,015

3,2692,9523,2153,5473,8623,8893,7374,5917,1708,86710,342

10,61911,55712,19713,39914,94016,54717,87619,32521,06322,54924,423

23,67825,58627,579

30,02933,28136,91541,96347,508

54,94062,59769,44678,09692,180

103,004112,472122,477137,731155,277

172,957189,935205,079223,068244,745

269,568295,510317,528342,479375,095

403,467

1 Fiscal years not the same for all governments. See Note.2 Excludes revenues or expenditures of publicly owned utilities and liquor stores, and of insurance-trust activities. Intergovernmental

receipts and payments between State and local governments are also excluded.3 Includes other taxes and charges and miscellaneous revenues.4 Includes expenditures for libraries, hospitals, health, employment security administration, veterans' services, air transportation,

water transport and terminals, parking facilities, and transit subsidies, police protection, fire protection, correction, protective inspectionand regulation, sewerage, natural resources, parks and recreation, housing and community development, solid waste management,financial administration, judicial and legal, general public buildings, other government administration, interest on general debt, andgeneral expenditures, n.e.c.

Note.—Data for fiscal years listed from 1962-63 to 1990-91 are the aggregations of data for government fiscal years that ended inthe 12-month period from July 1 to June 30 of those years. Data for 1963 and earlier years include data for government fiscal yearsending during that particular calendar year.

Data are not available for intervening years.



TABLE B-85.—Interest-bearing public debt securities by kind of obligation, 7967-93

[Millions of dollars]

End of yearor month

Totalinterest-bearingpublicdebt

securities

Marketable

Total >Treasury

billsTreasury

notesTreasury

bonds

Nonmarketable

TotalU.S.

savingsbonds

Foreigngovern-mentandpublicseries2

Govern-ment

accountseries

Other =

Fiscal year:196719681969

19701971197219731974

19751976197719781979

19801981198219831984

19851986198719881989

1990..1991..1992..1993..

1992: JanFebMar....AprMay....June...

July....Aug....Sept...OctNov....Dec...

1993:JanFebMar...

AlfayZJune..

July...Aug....Sept..Oct....Nov...Dec...

322,286344,401351,729

369,026396,289425,360456,353473,238

532,122619,254697,629766,971819,007

906,402996,495

1,140,8831,375,7511,559,570

1,821,0102,122,6842,347,7502,599,8772,836,309

3,210,9433,662,7594,061,8014,408,567

4 210,672226,592226,107

232,599245,473257,202262,971266,575

315,606392,581443,508485,155506,693

594,506683,209824,422

1,024,0001,176,556

1,360,1791 1,564,3291 1,675,9801 1,802,9051 1,892,763

1 2,092,7591 2,390,6601 2,677,4761 2,904,910

3,806,5263,814,1473,878,4943,889,2113,919,0963,981,791

4,007,7784,046,0654,061,8014,050,8144,130,0344,173,885

4,150,0594,180,2544,227,6284,251,1644,279,2214,349,011

4,333,5074,400,3134,408,5674,403,7594,490,6394,532,325

1 2,486,0971 2,493,4161 2,552,2611 2,554,1751 2,572,9611 2,605,058

1 2,637,9181 2,672,2251 2,677,4761 2,661,3741 2,734,6421 2,754,1131 2,732,9621 2,760,5331 2,807,0921 2,808,8591 2,821,9331 2,860,622

1 2,852,0731 2,917,1961 2,904,9101 2,892,5211 2,977,8231 2,989,475

58,53564,44068,356

76,15486,67794,648100,061105,019

128,569161,198156,091160,936161,378

199,832223,388277,900340,733356,798

384,220410,730378,263398,451406,597

482,454564,589634,287658,381

586,759591,223615,818598,383620,107618,218

632,322637,025634,287627,762644,964657,661

647,041648,459659,877642,189657,491659,280

671,190677,030658,381668,723709,212714,631

49,10871,07378,946

93,489104,807113,419117,840128,419

150,257191,758241,692267,865274,242

310,903363,643442,890557,525661,687

776,449896,884

1,005,1271,089,5781,133,193

1,218,0811,387,7171,566,3491,734,161

1,448,8691,443,4001,477,6531,497,0031,483,5591,517,548

1,536,3061,558,3591,566,3491,556,7851,602,1531,608,929

1,598,3981,616,9231,652,0681,671,5221,661,8341,698,736

1,678,2771,727,7991,734,1611,711,4321,757,7551,763,989

97,41891,07978,805

62,95653,98949,13545,07133,137

36,77939,62645,72456,35571,073

83,77296,178103,631125,742158,070

199,510241,716277,590299,875337,974

377,224423,354461,840497,367

435,470443,793443,791443,789454,295454,292

454,289461,841461,840461,827472,525472,524

472,523480,151480,148480,147487,608487,606

487,606497,368497,367497,366495,856495,855

111,614117,808125,623

136,426150,816168,158193,382206,663

216,516226,673254,121281,816312,314

311,896313,286316,461351,751383,015

460,831558,355671,769796,972943,546

1,118,1841,272,0991,384,3251,503,657

1,320,4291,320,7311,326,2331,335,0361,346,1351,376,733

1,369,8611,373,8401,384,3251,389,4411,395,3921,419,772

1,417,0981,419,7221,420,5361,442,3061,457,2881,488,389

1,481,4341,483,1161,503,6571,511,2391,512,8171,542,850

51,21351,71251,711

51,28153,00355,92159,41861,921

65,48269,73375,41179,79880,440

72,72768,01767,27470,02472,832

77,01185,55197,004106,176114,025

122,152133,512148,266167,024

137,293138,656139,924141,320142,217143,215

144,503146,083148,266151,147153,528154,955

157,647159,888161,441162,644163,550164,424

165,319166,181167,024168,155168,993169,425

1,5143,7414,070

4,7559,27018,98528,52425,011

23,21621,50021,79921,68028,115

25,15820,49914,64111,4508,806

6,6384,1284,3506,3206,818

36,04141,63937,03942,459

42,02541,97141,96642,16442,25938,698

38,45637,02337,03936,52637,37037,348

37,16737,00637,03843,79143,22142,964

43,00742,49642,45943,77743,59643,480

56,15559,52666,790

76,32382,78489,598101,738115,442

124,173130,557140,113153,271176,360

189,848201,052210,462234,684259,534

313,928365,872440,658536,455663,677

779,412908,406

1,011,0201,114,289

954,823952,963956,123961,491970,957

1,002,534

999,9571,002,9691,011,0201,016,3801,019,9791,043,508

1,043,0621,042,7601,039,9951,053,0801,066,3941,097,751

1,094,8151,095,5481,114,2891,120,8221,120,3451,150,041

2,7312,8283,051

4,0685,7593,6543,7014,289

3,6444,883

16,79727,06727,400

24,16423,71824,08535,59341,843

63,255102,804129,758148,023159,025

180,581188,541188,000179,886

186,287187,140188,219190,060190,702192,285

186,945187,765188,000185,388184,516183,960

179,222180,066182,062182,791184,123183,251

178,293178,892179,886178,485179,883179,904

1 Includes Federal Financing Bank securities, not shown separately, in the amount of 15,000 million dollars.2 Nonmarketable certificates of indebtedness, notes, bonds, and bills in the Treasury foreign series of dollar-denominated and foreign-

currency denominated issues.3 Includes depository bonds, retirement plan bonds, Rural Electrification Administration bonds, State and local bonds, and special

issues held only by U.S. Government agencies and trust funds and the Federal home loan banks.4 Includes $5,610 million in certificates not shown separately.

Note.—Through fiscal year 1976, the fiscal year was on a July 1-June 30 basis; beginning October 1976 (fiscal year 1977), the fiscalyear is on an October 1-September 30 basis.

Source: Department of the Treasury.


TABLE B-86.—Maturity distribution and average length of marketable interest-bearing public debt securitiesheld by private investors, 1967-93

End of year or month

Amountout-

standing,privately

held

Maturity class

Withinlyear

I t o 5years

5 to 10years

10 to 20years

20 yearsand over

Average length

1975...1976...1977...1978...1979...

19801981198219831984

1985....1986....1987....1988....1989....


1993: Jan....Feb...Mar...Apr...,May..June.

Millions of dollars

Fiscal year:196719681969

19701971197219731974

1990199119921993



150,321159,671156,008

157,910161,863165,978167,869164,862

210,382279,782326,674356,501380,530

463,717549,863682,043862,631

1,017,488

1,185,6751,354,2751,445,3661,555,2081,654,660

1,841,9032,113,7992,363,8022,562,336

2,201,6422,211,9632,266,8062,268,3752,284,8662,310,321

2,344,0942,372,7642,363,8022,362,0752,425,5502,434,333

2,419,5612,443,0202,484,6282,486,2312,496,6152,515,501

2,521,2492,578,5012,562,3362,552,8802,626,0852,628,352

56,56166,74669,311

76,44374,80379,50984,04187,150

115,677150,296161,329163,819181,883

220,084256,187314,436379,579437,941

472,661506,903483,582524,201546,751

626,297713,778808,705858,135

749,495758,592786,988769,874786,584784,194

800,084811,729808,705806,345825,445843,416

832,988833,583849,766833,935854,658849,639

864,355874,599858,135866,988898,241905,311

53,58452,29550,182

57,03558,55757,15754,13950,103

65,85290,578113,319132,993127,574

156,244182,237221,783294,955332,808

402,766467,348526,746552,993578,333

630,144761,243866,329978,714

806,162785,152812,043828,118816,200845,264

861,247868,080866,329860,918893,133890,778

881,132894,130922,468937,347919,114949,127

940,460976,547978,714968,794

1,008,4681,011,213

21,05721,85018,078

8,28614,50316,03316,38514,197

15,38524,16933,06733,50032,279

38,80948,74375,74999,174130,417

159,383189,995209,160232,453247,428

267,573280,574295,921306,663

278,275291,657291,507293,819295,318294,745

296,644297,830295,921299,422303,863301,395

303,279308,058306,175308.094313,037309,295

304,447308,413306,663298,460308,219304,863

6,1536,1106,097

7,8766,3576,3588,7419,930

8,8578,0878,42811,38318,489

25,90132,56933,01740,82649,664

62,85370,66472,86274,18680,616

82,71384,90084,70694,346

87,29785,79885,70885,79885,78885,793

85,79385,57284,70685,52992,79891,441

92,35689,37688,62688,83485,27384,237

85,70894,48794,34694,43687,13186,143

12,96812,67012,337

8,2727,6456,9224,5643,481

4,6116,652

10,53114,80520,304

22,67930,12737,05848,09766,658

88,012119,365153,016171,375201,532

235,176273,304308,141324,479

280,413290,764290,559290,766300,976300,326

300,326309,553308,141309,861310,312307,304

309,807317,874317,593318,022324,532323,204

326,279324,455324,479324,203324,025320,822

Years Months

544

33332

22233

34344

45556

6655

565565

555555

555555

555555

152

863111

871137

901116

113990

101110

1111111011

101111111110

101110101010

1010101098

Note.—All issues classified to final maturity.Through fiscal year 1976, the fiscal year was on a July 1-June 30 basis; beginning October 1976 (fiscal year 1977), the fiscal year is

on an October 1-September 30 basis.



TABLE B-87.—Estimated ownership of public debt securities by private investors, 7976-93

[Par values; l billions of dollars]

End of month

1976: JuneDec

1977: JuneDec

1978: JuneDec

1979-. JuneDec

1980: JuneDec

1981: JuneDec

1982: JuneDec

1983: JuneDec

1984: JuneDec

1985: JuneDec

1986: JuneDec

1987: JuneDec






1993-. MarJuneSept

Held by private investors

Total

376.4409.5

421.0461.3

477.8508.6

516.6540.5

558.2616.4

651.2694.5

740.9848.4

948.61,022.6

1,102.21,212.5

1,292.01,417.2

1,502.71,602.0

1,658.11,731.4

1,779.61,786.71,821.21,858.5

1,903.41,909.11,958.32,015.8

2,115.12,141.82,207.32,288.3

2,360.62,397.92,489.42,563.2

2,664.02,712.42,765.52,839.9

2,895.02,938.42,983.0

Commer-cial

banks2

92.5103.8

102.9102.0

99.695.3

94.695.6

98.5111.5

115.0113.8

114.7134.0

167.4179.5

180.6181.5

195.6189.4

194.3197.5

192.3194.2

195.6190.7191.2184.9

192.0178.0166.6164.9

178.4176.9179.5171.5

188.5197.3218.6233.4

256.6267.3287.4294.0

310.0305.9306.0

Nonbank investors

Total

283.9305.7

318.1359.3

378.2413.3

422.0444.9

459.7504.9

536.2580.7

626.2714.4

781.2843.1

921.61,031.0

1,096.41,227.8

1,308.41,404.5

1,465.81,537.2

1,584.01,596.01,630.01,673.6

1,711.41,731.11,791.71,850.9

1,936.71,964.92,027.82,116.8

2,172.12,200.62,270.82,329.8

2,407.42,445.12,478.12,545.9

2,585.02,632.52,677.0

Individuals3

Total

96.1101.6

104.9107.8

109.0114.0

115.5118.0

116.5117.1

107.4110.8

114.1116.5

121.3133.4

142.2143.8

148.7154.8

159.5162.7

165.6172.4

178.1182.0186.8190.4

204.2211.7213.5216.4

222.8229.6232.5233.8

238.3243.5257.5263.9

268.1275.1281.2289.2

297.7303.0305.8

Savingsbonds4

69.672.0

74.476.7

79.180.7

80.679.9

73.472.5

69.268.1

67.468.3

69.771.5

72.974.5

76.779.8

83.892.3

96.8101.1

104.0106.2107.8109.6

112.2114.0115.7117.7

119.9121.9123.9126.2

129.7133.2135.4138.1

142.0145.4150.3157.3

163.6166.5169.1

Othersecuri-

ties

26.529.6

30.531.1

29.933.3

34.938.1

43.144.6

38.242.7

46.748.2

51.661.9

69.369.3

72.075.0

75.770.4

68.871.3

74.175.879.080.8

92.097.797.898.7

102.9107.7108.6107.6

108.6110.3122.1125.8

126.1129.7130.9131.9

134.1136.4136.7

Insur-ance

compa-nies

10.712.7

13.015.1

14.215.3

16.015.6

15.318.1

19.921.6

24.430.6

37.846.0

51.264.5

69.180.5

87.9101.6

104.7108.1

110.2111.0115.9118.6

119.7120.3121.4125.1

134.9137.6141.2142.0

147.2156.7171.2181.8

187.4190.9194.9197.5

205.0208.1210.0

Moneymarketfunds

0.81.1

.8

.9

1.31.5

3.85.6

5.33.5

9.021.5

22.442.6

28.322.8

14.925.9

24.825.1

22.828.6

20.614.6

15.213.411.111.8

13.011.312.914.9

31.328.034.045.5

65.455.464.580.0

84.879.479.479.7

77.776.275.2

Corpora-tions 5

23.323.5

22.118.2

17.317.3

18.617.0

14.019.3

19.917.9

17.624.5

32.839.7

45.350.1

54.959.0

61.268.8

79.784.6

86.387.685.986.0

89.491.090.993.4

94.996.9

102.0108.9

114.9130.8142.0150.8

166.0175.0180.8192.5

199.3206.1215.6

State andlocal

govern-ments 6

32.739.3

49.659.1

69.681.1

86.286.2

•85.190.3

95.999.9

106.0118.6

138.1153.0

168.5188.4

213.4303.6

319.5346.6

383.9418.4

432.5446.9457.7471.6

477 9483.5487.1487.5

493.8494.5492.1490.4

510.4510.8512.9520.3

521.8528.5529.5534.8

541.0553.9558.0

Foreignand

interna-tional7

69.878.1

87.9109.6

119.5133.1

114.9119.0

118.2129.7

136.6136.6

137.2149.5

160.1166.3

171.6205.9

213.8224.8

250.9263.4

281.1299.7

332.5345.4345.9362.2

376.6369.1394.9429.6

421.8427.3440.3458.4

464.3473.6477.3491.7

507.9529.6535.2549.7

565.5568.2592.3

Otherinves-tors8

50.549.4

39.848.6

47.351.0

67.083.5

105.3126.9

147.5172.4

204.5232.1

262.8281.9

327.9352.4

371.7380.0

406.6432.8

430.2439.4

429.2409.7426.7433.0

430.6444.2471.0484.0

537.2551.0585.7637.7

631.6629.8645.5641.3

671.5666.7677.0702.4

698.8717.0720.0

1 U.S. savings bonds, series A-F and J, are included at current redemption value.2 Includes domestically chartered banks, U.S. branches and agencies of foreign banks, New York investment companies majority owned by foreign banks,

and Edge Act corporations owned by domestically chartered and foreign banks.3 Includes partnerships and personal trust accounts.4 Includes U.S. savings notes. Sales began May 1, 1967, and were discontinued June 30, 1970.5 Exclusive of banks and insurance companies.6 Includes State and local government series (SLGs) as well as State and local pension funds.7 Consists of the investments of foreign and international accounts (both official and private) in U.S. public debt issues. Reflects 1978 benchmark through

December 1984 and 1984 benchmark to date.8 Includes savings and loan associations, credit unions, nonprofit institutions, mutual savings banks, corporate pension trust funds, dealers and brokers,

certain Government deposit accounts, and Government-sponsored enterprises.



CORPORATE PROFITS AND FINANCE

TABLE B-88.—Corporate profits with inventory valuation and capital consumption adjustments, 1959-93


Year or quarter

Corporateprofits with

inventoryvaluation

and capitalconsumptionadjustments

Corporateprofits tax

liability

Corporate profits after tax with inventoryvaluation and capital consumption adjustments

Total lends

12.7

13.414.015.016.118.0

20.220.922.124.625.2

23.723.725.828.130.4

30.135.640.745.952.4

59.069.270.081.282.7

92.4109.8106.2115.3134.6

153.5137.4150.5169.0

72.584.283.497.4

111.0106.3121.0141.3

149.9154.6155.7153.7

145.9136.2133.4133.9

138.0146.1155.2162.9

167.5168.5169.7170.4

Undistributedprofits with

inventoryvaluation

and capitalconsumptionadjustments

15.9

14.614.820.622.826.1

31.834.031.228.624.7

19.428.835.539.022.3

40.947.261.970.362.1

33.931.718.454.287.5

91.955.486.5

112.686.9

88.5102.3110.4

19.262.794.189.937.1

101.8111.279.0

100.7115.066.172.1

98.0106.693.1

111.5

124.9112.682.3

121.7

103.7116.3129.3

1959

19601961196219631964

19651966196719681969

19701971197219731974

19751976197719781979

19801981198219831984

19851986198719881989

1990199119921993 ".


1990:1IIIllIV

1991:1....

52.3

50.751.659.665.172.1

82.988.686.092.689.6

77.590.3

103.2116.4104.5

121.9147.1175.7199.7202.5

177.7182.0151.5212.7264.2

280.8271.6319.8365.0362.8

380.6369.5407.2

IV..

1992:1..IIIllIV

1993:1IIIllIV "...

150.3229.1261.3284.9264.6343.3378.3354.5

382.6409.3367.5362.8

369.3370.8359.0378.8

409.9411.7367.5439.5

432.1458.1468.5

23.6

22.722.824.026.228.0

30.933.732.739.439.7

34.437.741.949.351.8

50.964.273.083.588.0

84.881.163.177.294.0

96.5106.5127.1137.0141.3

138.7129.8146.3

58.782.283.897.6

116.6135.2146.2134.2

132.0139.8145.7137.0

125.4128.0132.5133.4

147.0153.0130.1155.0

160.9173.3169.5

28.6

28.028.835.638.944.1

52.054.953.353.249.9

43.152.661.367.152.7

71.082.8

102.6116.2114.5

92.9100.988.4

135.4170.2

184.2165.1192.8228.0221.5

241.9239.7260.9

91.7146.9177.5187.2148.1208.1232.2220.3

250.6269.5221.8225.8

243.9242.8226.5245.4

262.9258.7237.4284.5

271.2284.8299.1



TABLE B-89.—Corporate profits by industry, 1959-93


Year orquarter

1959

19601961196219631964

19651966196719681969

19701971197219731974

19751976197719781979

19801981198219831984

19851986198719881989

1990199119921993 "

1982- IV1983: IV1984: IV1985- IV1986: IV1987: IV1988: IV1989: IV

1990: 1IIIllIV

1991:1IIIllIV

1992: 1IIIllIV

1993: 1IIIll

Total

53.1

51.051.356.461.267 5

77.683.080.386.983.2

71.885.597.9

110.9103 4

129.4158.8186.7212.8219 8

197.8203.2166.4202.2236.4

225.3227.6273.4320.3325 4

354.7367.3390.1

160.0216.2223.6228.0225.0293.4340.5320.6

346.8377.9344.7349.3

364.6370.1359.0375.4

399.7395.7350.1414.8

407.0433.4444.8

Corporate profits with inventory valuation adjustment and without capital consumption adjustment

Domestic industries

Total

50.4

47.848.052.657.163 0

72.978.575.581.376.6

64.777.788.496.085 9

114.8142.3167.7190.2185 6

162.9174.0138.6171.9205.2

194.5194.6233.9271.2266 0

286.7300.4327.8377 7

130.8182.6192.9193.5192.5246.3285.9254.8

282.2310.1280.9273.8

291.9303.6299.3306.8

328.5334.2288.6360.1

348.0375.3382.1

Total

7.0

7.77.57.67.375

7.99.29.5

10.911.6

13.115.216.417.516 2

15.919.925.731.831 6

24.318.715.624.520.3

28.735.836.441.850 6

65.780.778.198 7

23.022.120.329.034.739.446.152.5

60.967.367.866.6

75.981.084.281.6

97.987.744.682.0

92.396.499.3

Financial1

FederalReservebanks

0.7

.9

.8

.91.01 1

1.31.72.02.53.1

3.53.33.34.557

5.65.96.17.694

11.814.415.214.616.4

16.315.515.717.620 1

21.420.217.816 1

14.615.217.216.015.216.118.920.4

20.721.322.221.4

21.020.220.019.7

18.818.317.116.7

16.616.216.0

Other

6.3

6.76.86.86.464

6.57.57.68.485

9.611.913.113.010 5

10.314.019.624.122 2

12.64.3

.49.93.9

12.420.320.724.230 5

44.360.460.382 5

8.36.93.2

13.019.523.327.232.1

40.246.145.645.2

54.860.864.261.9

79.169.427.565.3

75.780.283.3

Total

43.4

40.240.445.049.855 5

65.069.366.070.465.0

51.662.572.078.569 7

98.9122.4142.0158.4153 9

138.5155.3123.0147.4185.0

165.8158.9197.5229.4215 3

221.1219.7249.8279 0

107.8160.5172.6164.5157.8207.0239.7202.3

221.3242.8213.1207.2

216.0222.6215.1225.2

230.5246.5244.0278.1

255.7278.9282.8

Manu-fac-

turing2

26.5

23.823.426.329.632 4

39.742.439.041.737.0

27.134.841.446.740 7

54.570.778.589.688 3

75.887.463.171.486.7

80.159.087.0

117.5108 0

109.189.8

115.5128 5

50.190.579.283.363.998.7

129.394.5

108.3117.4112.398.5

91.589.689.388.9

98.9115.7119.3128.0

118.9132.5126.7

Nonfinancial

Trans-portation

and publicutilities

7.1

7.57.98.59.5

10 2

11.011.910.911.010.6

8.28.99.49.076

10.915.318.521.716 9

18.320.120.828.939.9

34.136.543.447.542 1

44.054.452.057 3

18.219.133.531.334.243.147.638.8

45.049.742.538.7

50.057.153.157.4

57.651.348.750.4

53.353.959.0

Wholesaleand retail

trade

6.2

5.25.56.36.479

8.68.89.7

10.911.2

10.312.314.114.613 7

21.923.127.827.728 3

22.831.631.938.749.7

43.146.339.937.139 7

37.247.446.353 4

33.840.750.839.043.139.339.339.2

38.444.929.436.2

46.549.645.647.8

40.046.041.357.7

46.055.455.1

Other

3.6

3.63.63.94.45 1

5.66.26.46.86.2

5.96.67.18.277

11.613.317.119.420 5

21.616.27.28.48.7

8.517.127.227.325 5

30.828.236.039 8

5.710.29.0

11.016.625.823.529.8

29.730.828.833.8

28.026.327.231.1

34.033.434.642.0

37.537.242.1

Restof theworld

2.7

3.13.33.84.14 5

4.74.54.85.66.6

7.17.99.5

14.917 5

14.616.518.922.634.3

35.029.227.830.431.2

30.832.939.549.159.4

67.966.962.3

29.233.630.734.532.647.054.665.8

64.667.863.875.5

72.866.559.768.5

71.261.561.554.7

59.058.162.7

1 Consists of the following industries: Depository institutions; nondepository credit institutions; security and commodity brokers-,insurance carriers; regulated investment companies; small business investment companies; and real estate investment trusts.

2 See Table B-90 for industry detail.NOte.—The industry classification is on a company basis and is based on the 1987 Standard Industrial Classification (SIC) beginning

1987, and on the 1972 SIC for earlier years shown.Source: Department of Commerce, Bureau of Economic Analysis.


TABLE B-90.—Corporate profits of manufacturing industries, 1959-93


Year or quarter Totalmanufac-

turing

Corporate profits with inventory valuation adjustment and without capital consumption adjustment

Durable goods

Total

Pri-marymetalindus-tries

Fabri-catedmetalprod-ucts

Indus-trial

machin-ery andequip-ment

Elec-tronic

andother

electricequip-ment

Motorvehicles

andequip-ment

Other

Nondurable goods

Total

Foodand

Kindredprod-ucts

Chemi-calsand

alliedprod-ucts

Petro-leumandcoalprod-ucts

Other

1959

19601961196219631964

19651966196719681969

19701971197219731974

19751976197719781979

19801981198219831984

19851986198719881989

1990199119921993 »


1990:1IIIllIV

1991:1IIIllIV

1992:1IIIllIV

1993:1

26.5

23.823.426.329.632.4

39.742.439.041.737.0

27.134.841.446.740.7

54.570.778.589.688.3

75.887.463.171.486.7

80.159.087.0

117.5108.0

109.189.8

115.5128.5

50.190.579.283.363.998.7

129.394.5

108.3117.4112.398.5

91.589.689.388.9

98.9115.7119.3128.0

118.9132.5126.7

13.7

11.711.414.116.418.0

23.223.921.222.419.0

10.416.622.625.015.1

20.331.237.645.036.5

17.918.14.8

18.437.2

29.030.042.252.249.3

39.230.948.358.0

- 5 . 333.434.228.834.235.256.443.0

44.342.440.529.5

24.832.431.534.7

39.445.849.958.0

48.058.459.9

2.3

2.01.61.62.02.5

3.13.62.71.91.4

1.62.35.0

2.72.11.03.63.5

2.63.0

- 4 . 7- 4 . 9

- . 4

- . 9.9

2.65.96.1

3.31.2.6

1.2

- 5 . 2- 3 . 7- 1 . 0- 1 . 3

1.73.36.54.1

4.73.42.13.0

1.51.1.2

1.9

.91.0.3.0

- . 52.51.1

1.1

1.01.21.31.4

2.12.42.52.32.0

1.11.52.22.61.8

3.23.94.55.05.2

4.34.42.63.14.5

4.75.35.26.46.6

6.15.67.46.4

1.14.95.24.04.76.06.45.3

7.66.35.45.0

3.96.06.06.5

6.88.18.06.6

5.56.96.3

2.2

1.81.92.42.53.3

4.04.54.14.13.7

3.03.04.34.73.1

4.86.78.3

10.49.1

7.58.23.44.46.3

5.33.27.3

10.510.3

9.65.26.67.5

1.06.55.07.02.66.38.0

12.6

11.29.79.87.6

7.15.82.06.0

5.56.66.57.8

5.76.28.8

1.7

1.31.31.51.61.7

2.73.03.02.92.3

1.31.92.83.2

2.63.85.86.65.4

5.04.91.33.44.8

2.42.66.27.69.3

7.98.6

12.114.3

- 1 . 06.64.12.03.32.99.7

10.9

9.68.77.85.4

7.58.57.8

10.4

10.08.7

12.217.6

14.912.114.4

3.0

3.02.54.04.94.6

6.25.14.05.54.8

1.35.15.95.9

2.27.49.38.94.6

- 4 . 3.2

— 45̂ 28.9

7.34.43.75.72.3

- 2 . 2- 5 . 6

3.57.6

- 2 . 99.48.57.34.5

.69.6

- 3 . 1

- 4 . 1- . 3

.7- 5 . 3

- 9 . 6- 6 . 4- 2 . 8- 3 . 7

1.94.82.44.9

3.110.08.1

3.5

2.83.13.54.04.5

5.25.35.05.74.9

3.04.25.76.34.1

4.87.48.6

10.58.6

2.8- 2 . 7

2.67.2

13.1

10.113.717.316.114.6

14.615.918.121.1

1.79.7

12.49.7

17.416.216.213.2

15.314.614.513.8

14.417.418.313.5

14.416.620.521.0

19.420.721.3

12.8

12.112.012.213.214.4

16.418.417.819.218.0

16.818.218.821.725.7

34.139.541.044.651.8

57.869.358.353.049.5

51.129.044.865.358.8

69.959.067.270.5

55.557.145.054.529.763.472.951.6

64.074.971.969.1

66.757.257.854.2

59.669.969.470.0

70.974.266.8

2.5

2.22.42.42.72.7

2.83.33.23.23.0

3.23.52.92.52.6

8.67.16.86.15.8

6.09.07.25.87.3

8.47.5

11.411.810.7

14.016.617.015.6

6.76.17.37.88.2

13.412.39.8

9.114.915.716.2

16.816.518.814.4

14.519.618.515.2

18.014.814.6

3.5

3.13.33.23.74.1

4.64.94.35.24.6

3.94.55.26.15.2

6.38.27.78.27.1

5.57.64.76.87.3

6.08.0

15.119.318.5

16.214.515.716.2

3.17.76.03.59.5

18.524.015.0

17.319.915.612.0

12.812.514.817.8

15.314.815.017.7

18.416.314.6

2.6

2.62.22.22.22.3

2.93.43.93.73.3

3.63.73.25.2

10.7

9.813.312.915.524.5

33.638.631.622.115.9

17.1- 8 . 5- 3 . 610.45.7

17.35.86.1

11.1

29.024.113.024.1

-13 .37.4

14.24.6

13.716.217.322.0

17.15.9

- . 2.4

4.97.76.75.0

7.213.512.0

4.3

4.24.24.44.75.3

6.16.86.47.07.0

6.16.57.57.97.2

9.411.013.614.814.6

12.914.214.818.319.1

19.721.921.923.823.9

22.522.128.527.6

16.619.218.619.225.324.122.422.2

23.923.923.218.9

19.922.324.421.7

24.927.829.232.1

27.329.525.6

Note.—The industry classification is on a company basis and is based on the 1987 Standard Industrial Classification (SIC) beginning1987 and on the 1972 SIC for earlier years shown. In the 1972 SIC, the categories shown here as "industrial machinery and equipmentand "electronic and other electric equipment" were identified as "machinery, except electrical" and "electric and electronic equipment,"respectively.


373

1 5 1 - 4 4 4 0 - 9 4 - 1 3Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

TABLE B-91.—Sales, profits, and stockholders' equity, all manufacturing corporations, 1952-93


Year orquarter

19521953195419551956195719581959

1960196119621963196419651966196719681969

1970197119721973

1973: IV

New series:1973: IV

197419751976197719781979

19801981198219831984198519861987198819891990199119921991:1

IIIllIV

1992: I 3

IIIllIV

1993: IIIIll

All manufacturing corporations

Sales(nat\

250.2265.9248 5278.4307.3320.0305.3338.0

345.7356 4389.4412 7443.1492 2554.2575 4631.9694.6

708 8751.1849 5

1,017.2

275.1

236.6

1,060.61,065.21,203.21,328.11496 41,741.8

1912 82,144.72,039.42,114.32 335 02 33142,220.92,378.22 596.22,745.12,810.72,761.12,890.3

655.1698.8698.7708.4679.6733.6729.9747.2717.7766.5752.5

Profits

Beforeincometaxes*

22.924.420 928.629.828.222.729.7

27.527 531.934 939.646 551.847 855.458.1

48152.963 281.4

21.4

20.6

92.179 9

104.9115.1132 5154.2

145 8158.6108.2133.1165.6137 0129.3173 02161188.8159.699.833.427.032.827.812.2

-65.142.237.318.916.637.737.7

Afterincometaxes

10.711.311215.116.215.412.716.3

15.215 317.719 523.227 530.929 032.133.2

28 631.036 548.1

13.0

13.2

58.749164.570.481198.7

92 6101.370.985.8

107.687 683.1

115 6154 6136.3111.667.524.018.323.117.68.5

-44.230.027.710.414.025.325.1

MOCK-

holders'equity2

103.7108.2113 1120.1131.6141.1147.4157.1

165.4172 6181.4189 7199.8211 7230.3247 6265.9289.9

306 8320.8343 4374.1

386.4

368.0

395.0423.4462.7496.7540 5600.5

6681743.4770.2812.8864.2866 2874.7900 9957 6999.0

1,043.81,064.11,036.81,050.41,057.61,069.11,079.41,015.01,035.41,056.81,039.81,031.51,047.61,056.1

Durable goods industries

Sales

(net)

122.0137.9122 8142.1159.5166.0148.6169.4

173.9175 2195.3209 0226.3257 0291.7300 6335.5366.5

363 1381.8435 8527.3

140.1

122.7

529.0521 1589.6657.3760 7865.7

889 1979.5913.1973.5

1,107.61 142 61,125.51,178 01,284.71,356.61,357.21,304.01,389.9

303.9335.3328.0336.7325.4355.9346.2362.4349.5380.8368.3

Profits

Beforeincometaxesl

12.914.011416.516.515.811.415.8

14.013 616.818 521.226 229.225 730.631.5

23 026.533 643.6

10.8

10.1

41.135.350.757.969 672.4

57 467.234 748.775.561 552.178 091775.257.614.1

-33.23.4

10.73.2

- 3 . 2-59.0

15.310.9- .5

-1 .915.716.1

Afterincometaxes

5.55.8568.18.37.95.88.1

7.0698.695

11.614 516.414 616.516.9

12 914.518 424.8

6.3

6.2

24.721430.834.841845.2

35 641.621.730.048.938 632.653 067155.740.9

7.4-23.5

1.47.61.1

- 2 . 8-40.2

11.28.9

- 3 . 4.3

9.311.5

QtnrkMOCK-

holders'equity2

49.852.454 958.865.270.572.877.9

82.384 989.193 398.5

105 4115.2125 0135.6147.6

1551160.41714188.7

194.7

185.8

196.02081224.3239.9262 6292.5

317 7350.4355.5372.4395.6420 9436.3444 3468 7501.3515.0506.8473.9503.5507.8505.9509.8462.0475.5487.4470.9467.7483.1492.9

Nondurable goods industries

Sales

(net)

128.0128.0125 7136.3147.8154.1156.7168.5

171.81812194.1203 6216.8235 2262.4274 8296.4328.1

345 7369.3413 7489.9

135.0

113.9

531.6544.1613.7670.8735 7876.1

1023 71,165.21,126.41,140.81,227.51188 81,095.41,200.31,311.51,388.51,453.51,457.11,500.4

351.2363.5370.7371.7354.2377.7383.7384.8368.3385.8384.2

Profits

Beforeincometaxes»

10.010.496

12.113.212.411.313.9

13.513 915.116 418.320 322.622 024.826.6

25 226.529 637.8

10.6

10.5

51.044 654.357.262 981.8

88 491.373.684.490 075 677.295.1

124 4113.5102.085.766.623.622.124.615.3

- 6 . 126.926.519.418.522.021.6

Afterincometaxes

5.25.5567.07.87.56.98.3

8.2859.2

10 011.613 014.614 415.516.4

15 716.518 023.3

6.7

7.0

34.111133.735.539 353.5

56 959.649.355.858 849150.562.687 580.670.660.147.516.815.416.511.3

- 4 . 018.918.813.813.715.913.6

MOCK-

holders'equity2

53.955.758 261.366.470.674.679.2

83.187 792.396 3

101.3106 3115.1122 6130.3142.3

1517160.5172 0185.4

191.7

182.1

199.0215.3238.4256.8277 9308.0

350 4393.0414.7440.4468 5445 3438.4456.6488 9497.7528.9557.4562.8546.8549.8563.2569.6553.0560.0569.4568.9563.7564.5563.1

Addendum: Impact of Accounting Change3—First quarter 1992

1992:I -99.2 -68.9 -69.2 -69.9 -48.0 -48.1 -29 .3 -21 .0 -21.1

1 In the old series, "income taxes" refers to Federal income taxes only, as State and local income taxes had already been deducted.In the new series, no income taxes have been deducted.

2 Annual data are average equity for the year (using four end-of-quarter figures).3 Data for the first quarter of 1992 were revised significantly as a result of the early adoption of Financial Accounting Standards

Board Statement 106 (Employer's Accounting for Post-Retirement Benefits Other Than Pensions) by a large number of companies duringthe fourth quarter of 1992. Corporations must show the cumulative effect of a change in accounting principle in the first quarter of theyear in which the change is adopted.

Note.—Data are not necessarily comparable from one period to another due to changes in accounting principles, industryclassifications, sampling procedures, etc. For explanatory notes concerning compilation of the series, see "Quarterly Financial Report forManufacturing, Mining, and Trade Corporations,' Department of Commerce, Bureau of the Census.

Source-. Department of Commerce, Bureau of the Census.


TABLE B-92.—Relation of profits after taxes to stockholders' equity and to sales, all manufacturing

corporations, 1947-93

Year or quarter

194719481949

1950 .1951195219531954 .1955195619571958 ..1959

19601961196219631964196519661967.. .19681969 . ..

1970 . .197119721973

1973: IV

New series:1973: IV

197419751976197719781979

19801981198219831984 . .19851986198719881989

1990 .. . . .19911992

1991: I . .||IIIIV

1992-1 2

IIIllIV

1993:1II . . . . .Ill

Ratio of profits after income taxes (annualrate) to stockholders' equity—percentx

Allmanufacturingcorporations

15.616.011.6

15 412.110.310.599

12.612 310.986

10.4

9.2899.8

10 311.613 013.411712.111.5

939.7

10 612.8

13.4

14.3

14.911.613 914.215.016.4

13.913.69.2

10.612 5101

9.512.816113.6

10.7632.3

7.0876.632

- 1 7 411.610 54.0

5.4979.5

Durablegoods

industries

14.415.712.1

16913.011.111.110 313.812 811.380

10.4

8.5819.6

10111.713 814.211712.211.4

839.0

10.813.1

12.9

13.3

12.610.313 714.516.015.4

11.211.96.18.1

12.4927.5

11.914.311.1

8.01.5

-5 .0

1.26.0

.9-2 .2

-34.89.47.3

-2 .9

.37.79.3

Nondurablegoods

industries

16.616.211.2

14 111.29.79.996

11.411810.692

10.4

9.8969.9

10 411.512 212.711811.911.5

10 310.310.512.6

14.0

15.3

17.112.914 213.814.217.4

16.315.211.912.712.511.011.513.717.916.2

13.410.88.4

12.311.211.7

8.0

-2 .913.513.29.7

9.711.3

9.6

Profits after income taxes per dollar ofsales—cents

Allmanufacturingcorporations

6.77.05.8

714.94.34.3455.4534.8424.8

4.44.34.54.75.25.65.65.05.14.8

4.04.14.34.7

4.7

5.6

5.54.65.45.35.45.7

4.84.73.54.14.63.83.74.96.05.0

4.02.4

.8

2.83.32.51.2

-6 .54.13.81.4

2.03.33.3

Durablegoods

industries

6.77.16.4

775.34.54.24.65.75.24.83.94.8

4.03.94.44.55.15.75.64.84.94.6

3.53.84.24.7

4.5

5.0

4.74.15.25.35.55.2

4.04.22.43.14.43.42.94.55.24.1

3.0.6

-1 .7

.52.3

.3- .8

-12.43.12.6

.9

.12.53.1

Nondurablegoods

industries

6.76.85.4

6.54.54.14.34.45.15.34.94.44.9

4.84.74.74.95.45.55.65.35.25.0

4.54.54.44.8

5.0

6.1

6.45.15.55.35.36.1

5.65.14.44.94.84.14.65.26.75.8

4.94.13.2

4.84.24.43.0

-1 .15.04.93.6

3.74.13.5

1 Annual ratios based on average equity for the year (using four end-of-quarter figures). Quarterly ratios based on equity at end ofquarter only.

2 See footnote 3, Table B-91.Note.—Based on data in millions of dollars.See Note, Table B-91.Source: Department of Commerce, Bureau of the Census.


TABLE B-93.—Sources and uses of funds, nonfarm nonfinancial corporate business, 1947-93


Yearortprl e i

1947....1948....1949....1950....1951 ...1952....1953....1954....1955....1956....1957....1958....1959....I960....1961....1962....1963....1964....1965....1966....1967....1968....1969....1970....1971....1972....1973....1974....1975....1976....1977....1978....1979....1980....1981....1982....1983....1984....1985...1986....1987....1988....1989....1990 ....1991...1992....1991:

1IIIII....IV....

1992:1IIIII....IV....

1993:1IIIII....

Sources

Total

27.329.721.342.937.331.129.330.353.746.744.843.557.250.456.262.270.476.394.8

101.197.0

115.6122.9107.5131.8160.2222.8190.6157.3210.8260.1319.3336.5334.7390.7330.8439.8501.0486.3531.9540.5610.9562.3522.8473.2586.6

450.9473.4480.9487.4

560.4600.8588.2597.0

468.3593.6611.4

Internal

Total

13.319.720.018.520.822.722.624.730.330.532.431.237.036.437.544.047.853.060.164.365.366.766.564.076.188.195.591.0

125.0140.5162.7183.6198.5199.7238.9247.5292.3336.3351.9336.7375.9404.3399.9409.4437.8462.7

433.0440.9426.9450.5

454.6452.2468.5475.4

460.6471.4485.8

II <sU.o.unrlicundis-

tributedprofits

12.714.09.6

14.110.89.19.49.3

13.713.111.98.8

13.010.510.213.014.518.423.425.022.221.318.412.618.724.636.945.343.456.566.978.786.469.264.230.630.546.421.7

-2 .141.373.632.220.538.252.2

24.936.045.046.8

50.959.651.247.2

35.348.744.9

Inven-tory

valuationand

capitalcon-

sumptionadjust-ments

- 8 . 7- 5 . 2- 1 . 0- 7 . 9- 4 . 4- 2 . 0- 3 . 3- 1 . 9- 2 . 0-3 .7- 2 . 7- 1 . 4- 1 . 0- .4

.63.24.04.04.03.54.21.9.4

- 1 . 1.0

- 1 . 6-15 .2-38 .8-18.6-26.1-27 .0-37 .8-58 .0-61 .4-44.8-22 .4

2.924.154.453.430.615.719.821.817.521.9

23.123.97.2

15.6

15.812.419.839.7

22.622.734.1

Capitalcon-

sumptionallow-ances

9.010.411.212.013.814.815.816.717.820.022.023.024.125.125.826.827.929.331.334.137.341.145.049.454.260.565.676.892.2

102.5114.8131.1151.6173.2205.3227.5240.1246.1256.0269.2279.2295.1314.8326.6338.6349.5

336.1337.6339.5341.2

341.6344.4362.7349.2

354.5357.5364.8

Foreignearri-

ngs re-tained

abroad'

0.3.4.3.3.6.8.7.5.8

1.01.2.8.9

1.21.01.11.41.31.41.71.62.32.83.23.24.78.17.78.17.68.1

11.718.618.714.211.818.819.719.816.224.819.932.840.643.639.0

48.843.435.246.8

46.335.734.839.2

48.242.542.0

Total

14.010.11.3

24.416.68.46.85.6

23.416.212.412.320.214.018.718.222.623.334.836.831.649.056.343.555.772.0

127.399.532.470.397.4

135.7138.0135.0151.883.3

147.5164.7134.4195.2164.6206.6162.6113.435.4

124.0

17.932.554.037.0

105.8148.6119.7121.7

7.7122.2125.5

External

Credit market funds

Total

8.67.73.88.7

11.59.36.36.4

10.613.412.811.012.412.212.413.412.815.019.726.527.229.435.736.839.445.281.358.624.450.268.973.167.877.0

102.069.296.2

108.676.1

140.365.271.862.437.76.9

68.6

4.032.99.4

-18 .5

81.769.768.953.9

9.388.576.0

Securi-tiesand

mort-gages

5.67.05.64.87.18.26.76.96.98.1

10.811.18.48.3

10.99.59.19.07.8

16.019.016.817.828.834.729.349.425.040.641.744.139.716.035.932.711.856.2

- 5 . 513.065.527.8

-14.6-32.9-18 .9

95.968.3

92.5123.772.295.3

95.696.937.842.8

69.976.983.3

Loansand

short-termpaper

3.0.7

- 1 . 93.94.41.1

-.4- .53.75.31.9

-.14.03.91.54.03.76.0

11.910.58.2

12.617.98.04.7

15.931.933.5

-16.38.5

24.833.351.841.169.357.540.0

114.163.174.737.486.495.256.6

-89 .0.3

-88.5-90.8-62.8

-113.8

-13.9-27.2

31.111.1

-60.611.6

- 7 . 4

Other2

5.42.4

- 2 . 515.75.1

- .9.5

-.812.82.8

-.41.37.81.76.34.89.88.3

15.110.34.4

19.620.76.7

16.326.846.041.08.0

20.228.562.670.258.049.814.151.356.158.354.999.4

134.9100.275.728.455.4

13.9_ 444̂ 655.6

24.178.950.867.7

- 1 . 633.649.6

Uses

Total

26.425.618.440.337.929.828.327.849.040.939.838.751.841.550.654.659.964.582.491.087.3

107.3116.8100.2124.3149.8195.0195.0157.2210.7245.8328.7373.2337.8421.4349.9416.5515.3465.8503.3489.9558.2523.6502.0451.2537.8

403.5455.1461.4484.8

520.8567.4520.0543.0

456.7563.7585.7

Capitalexpendi-tures 3

18.120.714.924.030.625.326.123.032.637.035.728.037.837.736.542.244.449.860.874.571.276.885.582.088.2

100.4125.2143.7117.5159.0185.5223.1245.6255.8313.0285.3300.1398.5374.9351.9365.0394.4403.8407.3381.6397.2

377.2367.4388.3393.6

369.9401.2402.7415.2

446.4449.2457.7

ncrease• i

inanciaiassets

8.34.93.5

16.37.34.52.24.8

16.43.94.1

10.714.13.8

14.112.315.514.721.616.516.230.531.318.336.149.469.851.339.751.760.3

105.7127.682.1

108.464.6

116.4116.891.0

151.5124.9163.8119.894.769.6

140.6

26.287.773.091.2

150.9166.1117.3127.8

10.3114.4128.0

Discrep-ancy

sourcesless

uses)

0.94.12.92.5

- .61.31.02.54.65.84.94.85.48.95.67.7

10.511.812.410.19.68.36.17.27.5

10.427.7

- 4 . 5.1.1

14.3- 9 . 4

-36 .8- 3 . 1

-30.7-19.1

23.3-14 .3

20.428.550.752.738.720.822.048.8

47.418.319.52.6

39.633.468.254.0

1L629.925.6

1 Foreign branch profits, dividends, and subsidiaries' earnings retained abroad.2 Consists of tax liabilities, trade debt, and direct foreign investment in the United States.3 Plant and equipment, residential structures, inventory investment, and mineral rights from U.S. Government.



TABLE B-94.—Common stock prices and yields, 1955-93

Year or month

Common stock prices *

New York Stock Exchange indexes (Dec. 31, 1 9 6 5 = 5 0 ) 2

Composite Industrial Transpor-tation Utility3 Finance

DowJones

industrialaverage2

Standard& Poor's

compositeindex

(1941-

Common stock yields(S&P) (percent)4

Dividend-priceratio5

Earnings-price

ratio6

195519561957195819591960196119621963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993

21.5424.4023.6724.5630.7330.0135.3733.4937.51



43.7647.3946.1550.7755.3754.6745.7254.2260.2957.4243.8445.7354.4653.6953.7058.3268.1074.0268.9392.6392.46108.09136.00161.70149.91180.02183.46206.33229.01249.58

229.34228.12225.21224.55228.61224.68228.17230.07230.13226.97232.84239.47

239.67243.41248.12244.72246.02247.16247.85251.93254.86257.53255.93257.73

46.1851.9758.0057.4448.0357.9265.7363.0848.0850.5260.4457.8658.2364.7678.7085.4478.18107.45108.01123.79155.85195.31180.95216.23225.78258.14284.62299.99

286.62286.09282.36281.60285.25279.54281.90284.44285.76279.70287.30294.86

292.11294.40298.75292.19297.83298.78295.34298.83300.92306.61310.84313.22

50.2653.5150.5846.9632.1444.3550.1737.7431.8931.1039.5741.0943.5047.3460.6172.6160.4189.3685.63104.11119.87140.39134.12175.28158.62173.99201.09242.49

201.55205.53204.07201.28207.93202.02198.36191.31191.61192.30204.78212.35

221.00226.96229.42237.97237.80234.30238.30250.82248.15254.04262.96268.11

90.8190.8688.3885.6074.4779.0576.9575.3859.5863.0073.9481.8478.4476.4174.6977.8179.4993.9992.89113.49142.72148.57143.53174.87181.20185.32198.91228.90

198.61192.35188.31189.83196.52194.46202.35206.83204.52203.24202.26207.69

211.04218.89225.07227.56222.41226.53232.55237.44244.21240.97230.12229.95

44.4549.8265.8570.4960.0070.3878.3570.1249.6747.1452.9455.2556.6561.4264.2573.5271.9995.3489.28114.21147.20146.48127.26151.88133.26150.82179.26216.42

174.50174.08173.49171.10175.90174.82181.00180.47178.27181.36189.27196.87

203.38209.93217.01216.02209.40209.75218.94224.96229.35228.18214.08216.00

442.72493.01475.71491.66632.12618.04691.55639.76714.81834.05910.88873.60879.12906.00876.72753.19884.76950.71923.88759.37802.49974.92894.63820.23844.40891.41932.92884.36

1,190.341,178.481,328.231,792.762,275.992,060.822,508.912,678.942,929.333,284.293,522.063,227.063,257.273,247.423,294.083,376.793,337.793,329.413,307.453,293.923,198.703,238.493,303.15

3,277.723,367.263,440,743,423.633,478.173,513.813,529.433,597.013,592.293,625.813,674.703,744.10

40.4946.6244.3846.2457.3855.8566.2762.3869.8781.3788.1785.2691.9398.7097.8483.2298.29109.20107.4382.8586.16102.0198.2096.02103.01118.78128.05119.71160.41160.46186.84236.34286.83265.79322.84334.59376.18415.74451.41

416.08412.56407.36407.41414.81408.27415.05417.93418.48412.50422.84435.64

435.23441.70450.16443.08445.25448.06447.29454.13459.24463.90462.89465.95

4.084.094.353.973.233.472.983.373.173.013.003.403.203.073.243.833.142.843.064.474.313.774.625.285.475.265.205.814.404.644.253.493.083.643.453.613.242.992.78

2.902.943.013.022.993.063.002.973.003.072.982.90

2.882.812.762.822.802.812.812.762.732.722.722.72

7.957.557.896.235.785.904.625.825.505.325.596.635.735.676.086.455.415.507.12

11.599.158.90

10.7912.0313.4612.6611.9611.608.03

10.028.126.095.488.017.416.474.814.22

4.01

Tl8

4.38

"4"39

"4.29

"4.46

1 Averages of daily closing prices, except NYSE data through May 1964 are averages of weekly closing prices.2 Includes stocks as follows: for NYSE, all stocks listed (more than 2,000); for Dow-Jones industrial average, 30 stocks; and for S&P

composite index, 500 stocks.3 Effective April 1993, the NYSE doubled the value of the utility index to facilitate trading of options and futures on the index. All

indexes shown here reflect the doubling.4 Based on 500 stocks in the S&P composite index.5 Aggregate cash dividends (based on latest known annual rate) divided by aggregate market value based on Wednesday closing

prices. Monthly data are averages of weekly figures; annual data are averages of monthly figures.6 Quarterly data are ratio of earnings (after taxes) for 4 quarters ending with particular quarter to price index for last day of that

quarter. Annual data are averages of quarterly ratios.

Note.—All data relate to stocks listed on the New York Stock Exchange.

Sources: New York Stock Exchange (NYSE), Dow Jones & Co., Inc., and Standard & Poor's Corporation (S&P).


TABLE B-95.—Business formation and business failures, 7930-93

Year or month

19501951195219531954195519561957195819591960196119621963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993

1992: JanFebMar

May!!!!!!!.!!!!!!JuneJulyAugSeptOctNovDec

1993: JanFeb. .Mar

May'!!!!!!!!!!!!!!JuneJulyAugSeptOctNovDec

Indexnt notOT net

business

(°1967=n100)

87.786.790.889.788.896.694.690.390.297.994.590.892.694.498.299.899.3100.0108.3115.8108.8111.1119.3119.1113.2109.9120.4130.8138.1138.3129.9124.8116.4117.5121.3120.9120.4121.2124.1124.8120.7115.2116.3

Newbusinessincorpo-rations(number)

93,09283,77892,946102,706117,411139,915141,163137,112150,781193,067182,713181,535182,057186,404197,724203,897200,010206,569233,635274,267264,209287,577316,601329,358319,149326,345375,766436,170478,019524,565533,520581,242566,942600,400634,991662,047702,738685,572685,095676,565647,366628,604666,800

Seasonally adjusted

117.2116.0116.4115.4113.2117.4116 6114.1118 5116.41153119.0119.3121.1121.8120.8117.5120.6122.5123.1120 9121.4123 7

58,14155,09257,44954,47448,68858,73056 94251,2455917952,49255 39261,69555,68959,69161,00259,64851,76560,42258,34157,909

Businessfailurerate2

34.330.728.733.242.041.648.051.755.951.857.064.460.856.353.253.351.649.038.637.343.841.738.336.438.442.634.828.423.927.842.161.388.4109.7107.0115.0120.0102.098.065.074.0107.0110.0

Total

9,1628,0587,6118,86211,08610,96912,68613,73914,96414,05315,44517,07515,78214,37413,50113,51413,06112,3649,6369,15410,74810,3269,5669,3459,91511,4329,6287,9196,6197,56411,74216,79424,90831,33452,07857,25361,61661,11157,09750,36160,74788,14097,06985,565

8,5888,0939,1438,7047,8038,4628 6377,9817 5988,0147 1676,8797,6547,0628,4227,8277,5307,1316,7667 1097 5106,5706 2005,784

Bi

Number offailures

siness failures'

Liability size class

Under$100,000

8,7467,6267,0818,07510,22610,11311,61512,54713,49912,70713,65015,00613,77212,19211,34611,34010,83310,1447,8297,1928,0197,6117,0406,6276,7337,5046,1764,8613,7123,9305,6828,23311,50915,57233,52736,55138,90838,94938,30033,31240,83360,61268,26461,091

6,0405,6976,3656,0595,4196,05061375,5875 3925,6215 0924,8055,39851035,9555,5045,2925,0854,83151735 5554,7194 4284,048

$100,000and over

416432530787860856

1,0711,1921,4651,3461,7952,0692,0102,1822,1552,1742,2282,2201,8071,9622,7292,7152,5262,7183,1823,9283,4523,0582,9073,6346,0608,56113,39915,76218,55120,70222,70822,16218,79717,04919,91427,52828,80524,474

2,5482,3962,7782,6452,3842,4122 5002,3942 2062,3932 0752,0742,2561,9592,4672,3232,2382,0461,9351,93619551,85117721,736

Amount of current liabilities(millions of dollars)

Total

248.3259.5283.3394.2462.6449.4562.7615.3728.3692.8938.6

1,090.11,213.61,352.61,329.21,321.71,385.71,265.2941.0

1,142.11,887.81,916.92,000.22,298.63,053.14,380.23,011.33,095.32,656.02,667.44,635.16,955.215,610.816,072.929,268.636,937.444,724.034,723.839,573.042,328.856,130.196,825.394,317.548,914.1

6,356.09,857.86,322.27,907.013,842.413,665.13 272 09,056.23 220 78,383.63 98418,450.56,174.92 406.74,343.02,973.46,634.42,675.45,496.47 382.03 062 62,222.12 99102,552.3

Liability size class

Under$100,000

151.2131.6131.9167.5211.4206.4239.8267.1297.6278.9327.2370.1346.5321.0313.6321.7321.5297.9241.1231.3269.3271.3258.8235.6256.9298.6257.8208.3164.7179.9272.5405.8541.7635.1409.8423.9838.3746.0686.9670.5735.6

1,044.91,096.7941.6

93.194.7106.697.288 697.297 289.487 787.984173.080.376 890.994.584.379.676.478.874 972.467 864.9

$100,000and over

97.1128.0151.4226.6251.2243.0322.9348.2430.7413.9611.4720.0867.1

1,031.61,015.61,000.01,064.1967.3699.9910.8

1,618.41,645.61,741.52,063.02,796.34,081.62,753.42,887.02,491.32,487.54,362.66,549.315,069.115,437.828,858.836,513.543,885.733,977.838,886.141,658.255,394.595,780.493,220.847,972.5

6,263.09,763.16,215.67,809.713,753.813,567.83174 88,966.83132 98,295.73 900 08,377.56,094.62,329.94,252.12,878.96,550.12,595.85,420.07,303.22 987 62,149.82 923 22,487.4

1 Commercial and industrial failures only through 1983, excluding failures of banks, railroads, real estate, insurance, holding, andfinancial companies, steamship lines, travel agencies, etc.

Data beginning 1984 are based on expanded coverage and new methodology and are therefore not generally comparable with earlierdata. Data for 1992 and 1993 are subject to revision due to amended court filings.2 Failure rate per 10,000 listed enterprises.

Sources: Department of Commerce (Bureau of Economic Analysis) and The Dun & Bradstreet Corporation.


AGRICULTURE

TABLE B-96.—Farm income, 1940-93


Year or quarter

194019411942194319441945 . .1946 .. ..1947194819491950195119521953195419551956195719581959 .1960 .. .1961196219631964196519661967 . .1968196919701971197219731974 . .197519761977 .1978197919801981198219831984198519861987198819891990199119921991-1

II . ...IllIV

1992:1II.. .IllIV

1993-1||III"..

Income of farm operators from

Gross farm income

Total»

11.314.319.923.324.025.429.632.436.530.833138 337.834.434.233.534.034.839.037.938.640.542.343.442 346.550.550 551.856.458.862171.198.998 2

100.6102.9108.8128.4150.7149.3166 3164.1153 9168.01612156.1168 5175.8190.9196.4190.3197.7190 5191.2186.8192.7199.6202 8197.3191.3197.0203 7188.1

Cash marketing receipts

Total

8.411.115.619.620.521.724.829.630.227.828 532 932.531.029.829.530.429.733.533.634.035.236.537.537 339.443.442 844.248.250.552 761.186.992 488.995.496.2

112.4131.5139.71416142.6136 8142.81441135.41418151.2161.2170.0168.7171.2166.5166.8172.2169.4167.1174 2178.9164.5169.9180 5175.4

Livestockand

products

4.96.59.0

11.511.412.013.816.517.115.416119 618.216.916.316.016.417.419.218.919.019.520.220.019 921.925.024 425.528.629.530 535.645.841343.146.347.659.269.268.069 270.369 672.969 871.676 079.484.189.886.886.489 687.684.985.084.286 085.389.986.292 290.7

Crops

3.54.66.58.19.29.7

11.013.113.112.412 413 214.314.113.613.514.012.314.214.715.015.716.317.417 417.518.418 418.719.621.022 325.541.151145.849.048.653.262.371.772 572.367 269.974 363.865 971.777.080.181.984.876 979.287.384.482.988.193.674.683.788 284.7

Value ofinventorychanges2

0.3.4

1.1- . 1- . 4- . 4

.0- 1 . 8

1.7- . 9

812.9

- . 6.5.2

- . 5.6.8.0.4.3.6.68

1.0— 1

7.1.1.0

14.9

3.41 63.4

- 1 . 51.11.95.0

- 6 . 365

- 1 . 410 96.0

- 2 3- 2 . 2- 2 3- 3 . 4

4.8

3.43

3.8

1.2.6.1

- 3 . 1

4.74.33.52.5

36- 3 4-2 .7

arming

Produc-tion

expenses

6.97.8

10.011.612.313.114.517.018.818.0

19 522 322.821.521.822.222.723.725.827.2

27.428.630.331.631833.636.538 239.542.1

44.547 151.764.671075.082.788.9

103.3123.3

133.1139 4140.3139 6141.9132 4125.1128 8137.0144.0

149.9150.3149.1

147.5149.8151.7152.2

146.3148.6150.4151.0

148.2150.5152.4

Net farm

Currentdollars

4.56.59.9

11.711.712.315.115.417.712.813 615 915.013.012.411.311.311.113.210.711.212.012.111.810 512.914.012 312.314.314.415.019.534.427 325.520.219.925.227.416.126.923.814.226.128.831.139.738.846.946.540.048.643.041.435.240.553.354.246.840.348.853.235.7

income

1987dollars3

40.755.580.193.992.992.690.282.188.364.267.674.869.659.055.749.447.745.452.941.943.145.544.843.337.945.447.540.738.842.840.840.550.183.260.751.938.635.641.841.922.534.128.416.328.730.532.039.737.343.241.034.040.237.035.329.834.144.444.838.633.039.542.928.7

'Cash marketing receipts and inventory changes plus Government payments, other farm cash income, and nonmoney incomefurnished by farms.

2 Physical changes in end-of-period inventory of crop and livestock commodities valued at average prices during the period.3 Income in current dollars divided by the GDP implicit price deflator (Department of Commerce).Note.—Data include net Commodity Credit Corporation loans and operator households.Source: Department of Agriculture, except as noted.


TABLE B-97.—Farm output and productivity indexes, 1948-91

[1982 = 100]

YearTotal»

4847

4749515151

5454525558

5960626363

6665696971

7176767975

8082868692

87981008298

10410010295105

112110

Livestockandprod-

ucts2 3

5457

6063646568

7071707276

7578798183

8283868686

9091929392

8791939393

99101100102100

103103105108110

112114

Farmoutput

Crops2

Total4

4640

3939424239

4342404446

4847505149

5652575761

5865647065

7675828191

78961006795

10495978399

111106

Feedcrops

3317

2220222228

3028373634

4437384234

5244605457

4977677153

7875899195

6410210031108

12511910163117

114114

Foodgrains

4034

3232423634

3435304638

4642404047

4648545754

5058576366

7977746779

861021008493

8777777077

9976

Oil crops

1514

1715151416

1922212724

2529303132

3640434850

5352566754

67587886104

80891007587

9688887187

8792

Productivityindicators5

Farm

outputper unitof totalfactorinput

5251

5051535354

5455545959

6063656767

7171747577

7781838678

8484908588

829510086100

110109114109120

126124

Farm

outputperunit offarmlabor

1919

2021232324

2627293233

3637384143

4750555558

6064656866

7074808086

819310086101

117115121111127

128125

19481949

19501951195219531954

19551956195719581959

19601961196219631964

19651966196719681969

19701971197219731974

19751976197719781979

19801981198219831984

19851986198719881989

19901991

1 Farm output measures the annual volume of net farm production available for eventual human use through sales from farms orconsumption in farm households.

2 Gross production.3 Horses and mules excluded.4 Includes items not included in groups shown.8 See Table B-98 for farm inputs.Source: Department of Agriculture.


TABLE B-98.—Farm input use, selected inputs, 1948-92

Year

Farm population,Apri lx

Number(thou-sands)

Aspercentof totalpopula-t ion 2

Farm employment(thousands)3

TotalFamilywork-

ers

Hiredwork-

ers

Cropshar-

vested(mil-

lions ofacres)4

Selected indexesof input use (1982 = 100)

Total Farmlabor

Farmreal

estate

Dura-ble

equip-ment

Ener-gy

Agri-culturalchemi-cals5

Feed,seed,andlive-

stockpur-

chases6

Otherpur-

chasedinputs

1948..1949..

1950..1951..1952..1953..1954..

1955..1956..1957..1958..1959..

1960...1961...1962...1963...1964...

1965...1966...1967...1968...1969...

1970...1971...1972..1973..1974..

1975..1976..1977...1978..1979..

1980..1981..1982..1983..1984..

1985..1986..1987..1988..1989..

1990..1991..1992..

24,38324,194

23,04821,89021,74819,87419,019

19,07818,71217,65617,12816,592

15,63514,80314,31313,36712,954

12,36311,59510,87510,45410,307

9,7129,4259,6109,4729,264

8,2537 6,1947 6,5017 6,241

7 6,0517 5,8507 5,6287 5,787

5,754

5,3555,2264,9864,9514,801

4,5914,632

16.616.2

15.214.213.912.511.7

11.511.110.39.89.3

8.78.17.77.16.7

6.45.95.55.25.1

4.74.54.64.54.3

4.13.8

7 2.87 2.97 2.8

7 2.77 2.57 2.47 2.5

2.4

2.22.22.12.12.0

1.91.9

10,3639,9641

9,9269,546 j9,149!8,8648,6511

8,3817,8527,6007,5037,342

7,0576,9196,7006,5186,110

5,6105,2144,9034,7494,596

4,5234,4364,3734,3374,389

4,3314,3634,1433,9373,765

3,6998 3,5828 3,4668 3,3498 3,233

3,1162,9122,8972,9542,863

2,8912,8752,810

8,0267,712

7,5977,3107,0056,7756,570

6,3455,9005,6605,5215,390

5,1725,0294,8734,7384,506

4,1283,8543,6503,5353,419

3,3483,2753,2283,1693,075

3,0212,9922,8522,6802,495

2,4018 2,3248 2,2488 2,1718 2,095

2,0181,8731,8461,9671,935

2,0001,9641,944

2,3372,252

2,3292,2362,1442,0892,081

2,0361,9521,9401,9821,952

1,8851,8901,8271,7801,604

1,4821,3601,2531,2131,176

1,1751,1611,1461,1681,314

1,3101,3711,2911,2561,270

1,29881,25881,21881,1788 1,138

1,0981,0391,0511,037

928

892911

356360

345344349348346

340324324324324

324302295298298

298294306300290

293305294321328

336337345338348

352366362306348

342325302297318

322318320

93

9796949493

9392939293

9393919297

969796101104

1061031009698

9592898787

89

251-241

237228222220216

211197183176173

163161159153145

141128124125123

119118117117115

114111107107107

1081051009597

8987848682

87

90929596

9899999999

9997959695

9594979594

9496949899

9899999899

10110110092

3845

5258636669

7071696868

6968676767

6971737678

7879798185

8991949699

1021021009591

8680747066

6463

8284858688

8990909092

9290899086

101113119125113

11010610097100

9084939391

9089

3436

4342434243

4550494956

5861556168

7383806873

7680859499

9110098108118

13112210093106

1011111009093

9094

84779197

1029810099101

1061051019899

105104

7477

7880838281

8381858199

999810010097

9696979793

9087859197

9499100118127

116111100107108

9989929096

97100

JFarm population as defined by Department of Agriculture and Department of Commerce, i.e., civilian population living on farms inrural areas, regardless of occupation. See also footnote 7. Series discontinued in 1992.

2 Total population of United States including Armed Forces overseas, as of July 1.3 Includes persons doing farmwork on all farms. These data, published by the Department of Agriculture, differ from those on

agricultural employment by the Department of Labor (see Table B-33) because of differences in the method of approach, in concepts ofemployment, and in time of month for which the data are collected.

4 Acreage harvested plus acreages in fruits, tree nuts, and farm gardens.5 Fertilizer, lime, and pesticides.6 Nonfarm constant dollar value of feed, seed, and livestock purchases.7 Based on new definition of a farm. Under old definition of a farm, farm population (in thousands and as percent of total

population) for 1977, 1978, 1979, 1980, 1981, 1982, and 1983 is 7,806 and 3.6; 8,005 and 3.6; 7,553 and 3.4; 7,241 and 3.2; 7,014and 3.1; 6,880 and 3.0; 7,029 and 3.0, respectively.

8 Basis for farm employment series was discontinued for 1981 through 1984. Employment is estimated for these years.Note.—Population includes Alaska and Hawaii beginning 1960.

Sources-. Department of Agriculture and Department of Commerce (Bureau of the Census).


TABLE B-99.—Indexes of prices received and prices paid by jarmers, 1930-93

[1977 = 100]

Year or month

Prices received by farmers

Allfarmprod-ucts

Crops

Live-stockand

prod-ucts

Prices paid by farmers

Allcommod-

ities,services,interest,

taxes,and

wagerates»

Production items

Total2

Tractorsandself-pro-

pelledmachin-

ery

Fertil-izer

Fuelsand

energy

Wagerates

Adden-dum-.Aver-agefarmreal

estatevalueper

acre3

1950195119521953195419551956195719581959

1960196119621963196419651966196719681969

1970197119721973197419751976197719781979

1980198119821983198419851986198719881989

1990199119921993 *

1992: Jan..Feb..Mar..Apr..May.June.


1993: Jan..Feb..Mar..

fcJune.July.Aug.SeptOct.Nov.Dec.

566663565451505155535253535352545855565960626998105101102100115132134139133135142128123127138147149146139143138143144141141140138138138138136137

138140141146144140141144145145144145

546162555653545252515152545555535552525052566091117105102100105116125134121128138120107106126134127129121123124129132126123121117116116116115117117118116125120113121125128130128133

58706456524947515753535253514954605760676767771049498101100124147144143145141146136138146150160170161157162152156155156158157158160158158156156159162166167168166161162160159158156

374142404040404243434444454545474949515355586271818995100108123

138150159161164162159162169177183187189195188

189

190

190

192

196

195

196

424747444443434446464646474747485050505254576173839197100108125

138148153152155151144148157165171173174179171

174

175

175

176

180

179

181

394042444749515458688291100109122

136152165174181178174174181193202211219227216

54575959595857585857575858575757565552484851525692120102100100108134144144137143135124118130136131134131128132

494950505152535357798893100105137

188213210202201201162164167180204203199201192

217 132 194

217 132 206

224 128 205

224 128 199

223 129 201

223

"237

129 199

•"204

222526272727282930323333343536384144485357606369798593100107118127138144148152154160166171186192201210217216

212

212

201

217

223

221

••206

141618181819192122232425262729313335384042434753667586100109125145158157148146128112103106111112115115117115

117

1 Includes items used for family living, not shown separately.2 Includes other production items not shown separately.3 Average for 48 States. Annual data are for March 1 of each year through 1975, February 1 for 1976-81, April 1 for 1982-85,

February 1 for 1986-89, and January 1 for 1990-93.

Source: Department of Agriculture.


TABLE B-100-—U.S. exports and imports of agricultural commodities, 1940-93


Year

Exports

Total» Feedgrains

Foodgrains 2

Oil-seedsand

prod-ucts

Cot- To-Ani-malsand

prod-ucts

Imports

Total»

Crops,fruits,

andvege-

tables3

Ani-malsand

prod-ucts

Cof-fee

Cocoabeansand

prod-ucts

Agri-cultural

tradebalance

19401941194219431944

19451946194719481949

19501951195219531954

19551956195719581959

19601961196219631964

19651966196719681969

19701971197219731974

19751976197719781979

19801981198219831984

19851986198719881989

199019911992

Jan-Nov:19921993

0.5.7

1.22.12.1

2.33.14.03.53.6

2.94.03.42.83.1

3.24.24.53.94.0

4.85.05.05.66.3

6.26.96.46.36.0

7.37.79.4

17.721.9

21.923.023.629.434.7

41.243.336.636.137.8

29.026.228.737.139.9

39.439.242.9

39.138.5

1.11.31.1

.9

.9

1.11.01.53.54.6

5.26.04.95.97.7

9.89.46.47.38.1

6.03.13.85.97.7

7.05.75.7

5.24.5

1.21.41.31.51.7

1.41.81.51.41.2

1.41.31.84.75.4

6.24.73.65.56.3

7.99.67.97.47.5

4.53.83.85.97.1

4.84.25.4

4.95.1

()

.2

.3

.2

.3

.2

.2

.3

.4

.5

.4

.6

.6

.6

.7

.81.0

1.21.21.31.31.3

1.92.22.44.35.7

4.55.16.68.28.9

9.49.69.18.78.4

5.86.56.47.76.3

5.76.47.2

6.56.5

0.2.1.1.2.1

.3

.5

.4

.5

.9

1.01.1.9

!8

.5

.71.0.7.4

1.0.9.5.6.7

.5

.4

.5

.5

.3

.4

.6

.5

.91.3

1.01.01.51.72.2

2.92.32.01.82.4

1.6.8

1.62.02.3

2.82.52.0

1.81.4

.2

.1

.2

.4

.3

.2

.3

.3

.3

.2

.3

.3

.4

.3

.4

.4

.3

.4

.4

.4

.4

.4

.4

.5

.5

.5

.6

.5

.5

.7

.7

.8

.9

.91.11.41.2

1.31.51.51.51.5

1.51.21.11.31.3

1.41.41.7

1.51.2

0.1.3.8

1.21.3

.9

.9

.7

.5

.4

.3

.5

.3

.4

.5

.6

.7

.7

.5

.6

.6

.6

.6

.7

.8

.7

.7

.7

.8

.91.01.11.61.8

1.72.42.73.03.8

3.84.23.93.84.2

4.14.55.26.46.4

6.77.07.9

7.37.2

1.31.71.31.51.8

1.72.32.83.12.9

4.05.24.54.24.0

4.04.04.03.94.1

3.83.73.94.04.1

4.14.54.55.05.0

5.85.86.58.4

10.2

9.311.013.414.816.7

17.416.915.316.519.3

20.021.520.421.021.7

22.822.724.6

22.622.6

.91.21.51.7

1.72.02.32.33.1

3.53.63.63.84.2

4.94.84.9

4.44.5

0.2.3.5.4.3

.4

.4

.4

.6

.4

.71.1

.7

.6

.5

.5

.4

.5

.7

.8

.6

.7

.9

.9

.8

.91.21.11.31.4

1.61.51.82.62.2

1.82.32.33.13.9

3.83.53.73.84.1

4.24.54.95.25.1

5.65.55.7

5.25.4

0.1.2.2.3

.3

.6

.7

.8

1.11.41.41.51.5

1.41.41.41.21.1

1.01.01.01.01.2

1.11.11.01.2

.9

1.21.21.31.71.6

1.72.94.24.04.2

4.22.92.92.83.3

3.34.62.92.52.4

1.91.91.7

1.51.4

.2

.2

.1

.2

.2

.2

.2

.3

.2

.2

.2

.2

.2

.2

.2

.2

.2

.2

.1

.1

.2

.2

.2

.3

.2

.2

.3

.5

.61.01.41.2

.9

.9

.7

.81.1

1.41.11.21.01.0

1.11.11.1

1.0.9

- 0 . 8- 1 . 0_ j

.6

.3

.5

.81.2

.3

.7

-1 .1-1 .1- 1 . 1- 1 . 3

- . 9

- . 8.2.6

1.01.31.21.62.3

2.12.41.91.31.1

1.51.92.99.3

11.7

12.612.010.214.618.0

23.826.421.319.618.5

9.14.78.3

16.118.2

16.616.518.3

16.515.9

1 Total includes items not shown separately.2 Rice, wheat, and wheat flour.3 Includes nuts, fruits, and vegetable preparations.Hess than $50 million.

Note.—Data derived from official estimates released by the Bureau of the Census, Department of Commerce. Agricultural commoditiesare defined as (1) nonmarine food products and (2) other products of agriculture which have not passed through complex processes ofmanufacture. Export value, at U.S. port of exportation, is based on the selling price and includes inland freight, insurance, and othercharges to the port. Import value, defined generally as the market value in the foreign country, excludes import duties, ocean freight,and marine insurance.

Source: Department of Agriculture.


TABLE B-101.— Farm business balance sheet, 1950-92


End of year

Assets

Totalassets

Physical assets

estate

Nonreal estate

Live-stockand

poul-try»

Machin-ery andmotor

vehiclesCrops :

Pur-chased

in-puts 3

Financial assets

Invest-ments incooper-atives

Other *

Claims

Totalclaims

Realestatedebt5

Non-real

estatedebt6

Propri-etors'equity

195019511952195319541955195619571958 .1959

1960196119621963196419651966196719681969

19701971197219731974'19751976197719781979

1980198119821983198419851986198719881989

199019911992

121.6136.1133.0128.7132.6137.0145.7154.5168.7173.0

174.2181.4188.7196.5204.0220.6233.8245.8257.0267.3

278.7301.5339.7418.3449.2510.7590.7651.5767.3898.1

983.2982.3944.5943.3857.0772.7724.4772.6801.1829.7

848.3842.2861.5

75.483.885.184.387.893.0100.3106.4114.6121.2

123.3129.1134.6142.4150.5161.5171.2180.9189.4195.3

202.4217.6243.0298.3335.6383.6456.5509.3601.8706.1

782.8785.6750.0753.4661.8586.2542.3578.9595.5615.7

628.2623.2633.1

17.119.514.811.711.210.611.013.917.715.2

15.616.417.315.914.417.619.018.820.222.5

23.727.333.742.424.629.429.031.950.161.4

60.653.553.049.549.546.347.858.062.266.2

70.968.171.3

12.314.315.015.615.716.316.917.018.119.3

19.119.319.920.421.222.424.126.327.728.6

30.432.434.639.748.557.463.369.368.575.4

80.385.586.085.885.082.981.580.081.285.1

85.485.885.6

7.18.27.96.87.56.56.86.46.96.2

6.26.36.37.26.87.77.97.77.28.1

8.59.7

12.721.222.520.520.620.523.829.9

32.729.525.823.626.122.916.317.523.323.4

22.822.024.1

2.01.22.13.23.52.6

2.82.63.9

2.72.93.23.33.53.74.04.24.54.8

4.24.54.65.05.25.45.75.86.16.4

7.27.98.79.7

11.213.014.313.516.118.1

19.320.621.922.824.324.324.425.325.126.3

27.528.729.7

7.07.37.17.06.96.96.76.66.96.2

5.85.95.95.75.86.06.06.16.36.4

6.56.76.97.16.96.96.97.07.17.3

7.47.67.88.18.39.0

10.09.9

10.310.5

10.911.813.6

121.6136.1133.0128.7132.6137.0145.7154.5168.7173.0

174.2181.4188.7196.5204.0220.6233.8245.8257.0267.3

278.7301.5339.7418.3449.2510.7590.7651.5767.3898.1

983.2982.3944.5943.3857.0772.7724.4772.6801.1829.7

848.3842.2861.5

5.25.76.26.67.17.88.59.09.7

10.6

11.312.313.515.016.918.920.722.624.726.4

27.529.332.036.140.845.350.558.466.779.7

89.798.8

101.8103.2106.7100.190.482.477.675.4

74.174.575.0

5.76.97.16.36.77.37.48.29.4

10.7

11.111.813.214.615.316.918.519.619.220.0

21.224.026.731.635.139.745.652.460.771.8

77.183.687.087.987.177.566.662.061.761.9

63.264.363.6

110.7123.7119.7115.7118.9121.9129.8137.3149.7151.7

151.7157.3162.0166.9171.8184.8194.6203.6213.0220.8

229.9248.3281.0350.7373.3425.7494.7540.7639.9746.6

816.4799.9755.7752.2663.3595.1567.5628.2661.7692.4

710.9703.5722.9

1 Excludes commercial broilers; excludes horses and mules beginning 1959; excludes turkeys beginning 1986.2 Non-Commodity Credit Corporation (CCC) crops held on farms plus value above loan rate for crops held under CCC.3 Includes fertilizer, chemicals, fuels, parts, feed, seed, and other supplies.4 Sum of currency, demand deposits, time deposits, and U.S. savings bonds.5 Includes CCC storage and drying facilities loans.6 Does not include CCC crop loans.7 Beginning 1974, data are for farms included in the new farm definition, that is, places with sales of $1,000 or more annually.Note.—Data exclude operator households.Beginning 1959, data include Alaska and Hawaii.Source: Department of Agriculture.


INTERNATIONAL STATISTICS

TABLE B-102.—International investment position of the United States at year-end, 1984-92


Type ofinvestment 1984 1985 1986 1987 1988 1989 1990 1991 1992

NET INTERNATIONAL INVESTMENT POSITION OF THEUNITED STATES:

With direct investment at current costWith direct investment at market value

U.S. ASSETS ABROAD:With direct investment at current costWith direct investment at market value

U.S. official reserve assetsGold1

Special drawing rightsReserve position in the International Monetary

FundForeign currencies

U.S. Government assets other than official re-serves

U.S. credits and other long-term assetsRepayable in dollarsOther

U.S. foreign currency holdings and U.S. short-term assets

U.S. private assets:With direct investment at current costWith direct investment at market value

Direct investment abroad:At current costAt market value

Foreign securitiesBondsCorporate stocks

U.S. claims on unaffiliated foreignersreported by U.S. nonbanking concerns

U.S. claims reported by U.S. banks,not included elsewhere

FOREIGN ASSETS IN THE UNITED STATES:With direct investment at current costWith direct investment at market value

Foreign official assets in the United StatesU.S. Government securities

U.S. Treasury securitiesOther

Other U.S. Government liabilitiesU.S. liabilities reported by U.S. banks, not

included elsewhereOther foreign official assets

Other foreign assets in the United States:With direct investment at current costWith direct investment at market value

Direct investment in the United States:At current costAt market value

U.S. Treasury securitiesU.S. securities other than U.S. Treasury securi-

tiesCorporate and other bondsCorporate stocks

U.S. liabilities to unaffiliated foreigners reportedby U.S. nonbanking concerns

U.S. liabilities reported by U.S. banks, not in-cluded elsewhere

234.2177.3

1,178.91,083.1

105.081.2

5.6

11.56.7

85.082.981.1

1.8

2.1

988.9893.1

361.6265.888.862.826.0

92.9

445.6

944.7905.9

199.7144.7138.2

6.515.0

26.114.0

745.0706.2

211.2172.462.1

128.532.496.1

31.0

312.2

139.1142.3

1,252.61,244.6

117.985.8

7.3

11.912.9

87.885.884.1

1.7

1.9

1,047.01,038.9

387.2379.1112.871.841.0

99.6

447.4

1,113.61,102.3

202.5145.1138.4

6.615.8

26.714.9

911.1899.8

231.3220.088.0

207.982.3

125.6

29.5

354.5

19.2109.7

1,410.71,508.2

139.9102.4

8.4

11.717.3

89.688.787.1

1.6

1,181.21,278.7

421.2518.7142.079.063.0

110.7

507.3

1,391.51,398.6

241.2178.9173.3

5.618.0

27.916.4

1,150.21,157.4

265.8273.096.1

309.8140.9168.9

26.9

451.6

- 3 4 . 046.8

1,557.31,641.0

162.4127.6

10.3

11.313.1

88.988.186.5

1.6

1,306.11,389.7

493.3577.0153.784.169.6

109.6

549.5

1,591.41,594.1

283.1220.5213.7

6.815.7

31.815.0

1,308.31,311.1

313.5316.2

82.6

341.7166.1175.6

29.8

540.7

-140.35.4

1,698.01,860.9

144.2107.4

9.6

9.717.4

86.185.483.9

1.5

.7

1,467.71,630.6

515.7678.6176.690.686.0

122.2

653.2

1,838.31,855.5

322.0260.9253.0

8.015.2

31.514.4

1,516.31,533.4

374.3391.5100.9

392.3191.3201.0

35.0

613.7

-288.5-128.9

1,857.02,114.7

168.7105.2

10.0

9.044.6

84.583.982.4

1.5

.6

1,603.81,861.5

560.0817.8216.096.2

119.9

113.9

713.8

2,145.52,243.6

341.9263.7257.3

6.415.4

36.526.3

1,803.61,901.8

436.6534.7166.5

482.9231.7251.2

40.5

677.1

-291.9-269.7

1,924.82.018.4

174.7102.4

11.0

9.152.2

82.281.580.1

1.3

.7

1,668.01,761.6

622.7716.3229.3119.2110.0

120.3

695.7

2,216.72,288.0

375.6295.0287.9

7.117.5

39.923.2

1,841.11,912.4

468.2539.6162.4

469.0247.2221.7

48.0

693.4

-364.9-396.4

1,998.42,152.6

159.292.611.2

9.545.9

79.177.576.3

1.2

1.6

1,760.01,914.2

655.3809.6294.2135.4158.8

118.6

691.9

2,363.22,549.0

402.1315.9307.1

8.819.1

38.428.7

1,961.12,146.9

487.2673.0189.5

556.3284.4271.9

46.1

682.1

-521.3-611.5

2,003.42,113.3

150.390.08.5

11.840.0

80.879.177.7

1.4

1.7

1,772.31,882.3

666.3776.3327.4149.5178.0

111.7

666.9

2,524.72,724.8

443.4335.7323.0

12.721.6

54.831.3

2,081.42,281.5

492.3692.3224.9

617.3317.2300.2

46.3

700.7

1 Valued at market price.

Note.—For details regarding these data, see Survey of Current Business, June 1991, June 1992, and June 1993.



TABLE B-103.—U.S. international transactions, 1946-93

[Millions of dollars-, quarterly data seasonally adjusted, except as noted. Credits ( + ), debits ( - ) ]

Year orquarter

1946194719481949

1950195119521953195419551956195719581959

1960196119621963196419651966196719681969

1970197119721973197419751976197719781979

1980198119821983198419851986198719881989

199019911992

1991:1IIIllIV

1992:1IIIllIV

1993:1IIIll p.

Merchandise1

Exports

11,76416,09713,26512,213

10,20314,24313,44912,41212,92914,42417,55619,56216,41416,458

19,65020,10820,78122,27225,50126,46129,31030,66633,62636,414

42,46943,31949,38171,41098,306107,088114,745120,816142,075184,439

224,250237,044211,157201,799219,926215,915223,344250,208320,230362,116

389,303416,937440,138

101,333104,206103,764107,634

108,347108,306109,493113,992

111,530113,118111,912

Imports

-5,067-5,973-7,557-6,874

-9,081-11,176-10,838-10,975-10,353-11,527-12,803-13,291-12,952-15,310

-14,758-14,537-16,260-17,048-18,700-21,510-25,493-26,866-32,991-35,807

-39,866-45,579-55,797-70,499

-103,811-98,185

-124,228-151,907-176,002-212,007

-249,750-265,067-247,642-268,901-332,418-338,088-368,425-409,765-447,189-477,365

-498,336-490,739-536,276

-120,123-120,525-123,404-126,687

-126,110-133,107-137,105-139,954

-140,839-147,502-148,191

2

Net

6,69710,1245,7085,339

1,1223,0672,6111,4372,5762,8974,7536,2713,4621,148

4,8925,5714,5215,2246,8014,9513,8173,800635607

2,603-2,260-6,416

911-5,5058,903

-9,483-31,091-33,927-27,568

-25,500-28,023-36,485-67,102-112,492-122,173-145,081-159,557-126,959-115,249

-109,033-73,802-96,138

-18,790-16,319-19,640-19,053

-17,763-24,801-27,612-25,962

-29,309-34,384-36,279

Netmilitarytransac-tions 3 4

-424-358-351-410

-56169528

1,753902

-113-221-423-849-831

-1,057-1,131-912-742-794-487

-1,043-1,187-596-718

-641653

1,072740165

1,461931

1,731857

-1,313

-1,822-844112

-563-2,547-4,390-5,181-3,844-6,315-6,726

-7,833-5,851-2,751

-2,532-1,402-1,164-755

-571-727-617-836

-145-226-341

Services

Nettraveland

ranspor-tationreceipts

733946374230

-12029883

-238-269-297-361-189-633-821

-964-978

-1,152-1,309-1,146-1,280-1,331-1,750-1,548-1,763

-2,038-2,345-3,063-3,158-3,184-2,812-2,558-3,565-3,573-2,935

-997144

-992-4,227-8,438-9,798-7,382-6,481-1,5115,0718,97917,93319,718

2,9264,2995,2285,481

5,0115,2014,8824,624

5,0145,3725,279

Otherservices,

net

310145175208

242254309307305299447482486573

639732912

1,0361,1611,4801,4971,7421,7591,964

2,3302,6492,9653,4064,2314,8545,0275,6806,8797,251

8,91212,55213,20914,09514,27714,26618,85517,90019,96126,558

29,50533,79939,444

7,9358,3978,6608,809

9,6089,17711,0169,641

9,7559,3139,169

Investment income

Receiptson U.S.assetsabroad

7721,1021,9211,831

2,0682,6332,7512,7362,9293,4063,8374,1803,7904,132

4,6164,9995,6186,1576,8247,4377,5288,0219,36710,913

11,74812,70714,76521,80827,58725,35129,37532,35442,08863,834

72,60686,52986,20084,77899,05689,48987,49795,129122,275144,904151,201127,292110,612

36,01832,05730,07429,144

29,02828,64127,19525,749

26,07827,87628,695

Paymentson

foreignassets in

U.S.

-212-245-437-476

-559-583-555-624-582-676-735-796-825

-1,061

-1,238-1,245-1,324-1,560-1,783-2,088-2,481-2,747-3,378-4,869

-5,515-5,435-6,572-9,655

-12,084-12,564-13,311-14,217-21,680-32,961

-42,532-53,626-56,412-53,700-69,572-68,314-74,736-87,403-109,653-130,091-130,853-114,272-104,391

-30,247-29.147-28,447-26,431

-24,609-27,734-25,492-26,555

-26,115-27,829-26,947

Net

560857

1,4841,355

1,5092,0502,1962,1122,3472,7303,1023,3842,9653,071

3,3793,7554,2944,5965,0415,3505,0475,2745,9906,044

6,2337,2728,19212,15315,50312,78716,06318,13720,40830,873

30,07332,90329,78831,07829,48321,17512,7617,72612,62114,81320,34813,0216,222

5,7712,9101,6272,713

4,419907

1,703-806

-3747

1,748

Balanceon goods,services,

andincome

7,87611,7147,3906,722

2,6975,8385,7275,3715,8615,5167,7209,5255,4313,140

6,8867,9497,6648,80611,06310,0147,9877,8786,2406,135

8,4865,9692,74914,05311,21025,1919,982

-9,109-9,3556,308

10,66616,7325,632

-26,719-79,716-100,920-126,028-144,256-102,203-75,532-58,034-14,899-33,505

-4,690-2,115-5,289-2,805

704-10,243-10,628-13,339

-14,722-19,878-20,424

Unilateraltransfers,

net4

-2,991-2,722-4,973-5,849

-4,537-4,954-5,113-6,657-5,642-5,086-4,990-4,763-4,647-4,422

-4,062-4,127-4,277-4,392-4,240-4,583-4,955-5,294-5,629-5,735

-6,156-7,402-8,544-6,913

5 -9,249-7,075-5,686-5,226-5,788-6,593

-8,349-11,702-17,075-17,741-20,612-22,950-24,176-23,052-24,965-26,092-33,827

6,575-32,895

14,0963,884

-6,564-4,839

-7,389-8,010-7,147

-10,348

-7,586-7,294-7,562

Balanceon

currentaccount

4,8858,9922,417873

-1,840884614

-1,286219430

2,7304,762784

-1,282

2,8243,8223,3874,4146,8235,4313,0312,583611399

2,331-1,433-5,7957,1401,962

18,1164,295

-14,335-15,143

-2852,3175,030

-11,443-44,460-100,328-123,870-150,203-167,308-127,168-101,624-91,861-8,324-66,400

9,4061,769

-11,853-7,644

-6,685-18,253-17,775-23,687

-22,308-27,172-27,986

1 Excludes military.2 Adjusted from Census data for differences in valuation, coverage, and timing.3 Quarterly data are not seasonally adjusted.4 Includes transfers of goods and services under U.S. military grant programs.See next page for continuation of table.


TABLE B-103.—U.S. international transactions, 1946-93—Continued

[Millions of dollars; quarterly data seasonally adjusted, except as noted]

Year or quarter

1946194719481949. .

1950195119521953195419551956195719581959

1960196119621963196419651966196719681969

1970197119721973197419751976197719781979

1980198119821983198419851986 ..198719881989199019911992

1991:1IIIllIV

1992:IIIIll .IV

1993:1 ..IIIll >>

U.S. assets abroad, net[increase/capital outflow ( - ) ]

Total

- 4 , 0 9 9- 5 , 5 3 8- 4 , 1 7 4- 7 , 2 7 0- 9 , 5 6 0- 5 , 7 1 6- 7 , 3 2 1- 9 , 7 5 7

- 1 0 , 9 7 7- 1 1 , 5 8 5

- 9 , 3 3 7- 1 2 , 4 7 5- 1 4 , 4 9 7- 2 2 , 8 7 4- 3 4 , 7 4 5- 3 9 , 7 0 3- 5 1 , 2 6 9- 3 4 , 7 8 5- 6 1 , 1 3 0- 6 6 , 0 5 4

- 8 6 , 9 6 7- 1 1 4 , 1 4 7

122,335- 5 8 , 7 3 5- 2 9 , 6 5 4- 3 4 , 6 8 7- 9 1 , 2 6 0- 6 1 , 2 5 4- 9 1 , 4 2 3

- 1 2 9 , 3 3 1

44,132- 5 9 , 9 7 4- 5 0 , 9 6 1

- 5 , 5 5 5- 8 7 5

- 1 5 , 6 7 2- 3 7 , 8 7 0

- 1 , 0 2 9- 8 , 6 9 5

- 1 0 , 7 9 8- 3 0 , 4 3 8

- 1 2 , 3 5 8- 2 9 , 3 4 1

43,961

U.S.officialreserve

asse ts 3 6

- 6 2 3- 3 3 1 5-1,736

-266

1,758- 3 3

- 4 1 51,256

480182

-869-1,165

2,2921,035

2,145607

1,535378171

1,225570

53- 8 7 0

-1,179

2,4812,349

- 4158

-1,467- 8 4 9

-2,558- 3 7 5

732-1,133

-8,155-5,175

4,965-1,196-3,131-3,858

3129,149

-3,912-25,293

2,1585,7633,901

- 3 5 31,0143,8771,225

-1,0571,4641,9521,542

- 9 8 3822

- 5 4 5

OtherU.S.

Govern-mentassets

-1,100-910

-1,085-1,662-1,680-1,605-1,543-2,423-2,274-2,200

-1,589-1,884-1,568-2,644

5 366-3,474-4,214-3,693-4,660-3,746

-5,162-5,097

6,131-5,006-5,489-2,821-2,022

1,0062,9671,2592,3072,905

-1,609

559- 4 1 93,224-459

- 2 7 5293

- 3 0 5737

535- 2 7 5

- 8 6

U.S.privateassets

-5,144-5,235-4,623-5,986-8,050-5,336-6,347-7,386-7,833-8,206

-10,229-12,940-12,925-20,388-33,643-35,380-44,498-30,717-57,202-61,176

-73,651-103,875-111,239-52,533-21,035-28,009

89,551-71,408-90,477

-105,297

44,280-68,643-53,253

-5,761-1,470

-22,11*-38,637

3039,866

-12,44531,243

-11,91029,888

-43,331

Foreign assets in the U.S., net[increase/capital inflow ( + )]

Total

2,2942,7051,9113,2173,643

7423,6617,3799,928

12,702

6,35922,97021,46118,38834,24115,67036,51851,31964,03638,752

58,11283,03292,41883,380

102,010130,966223,191229,972219,489213,571

105,17383,439

129,579

- 2 07,120

23,51452,826

19,83444,45026,45038,845

25,71842,38066,452

Foreignofficial

assets 3

1,473765

1,2701,9861,660

134- 6 7 23,451-774

-1,301

6,90826,87910,4756,026

10,5467,027

17,69336,81633,678

-13,665

15,4974,9603,5935,8453,140

-1,11935,64845,38739,7588,503

34,19817,56440,684

5,604-4,924

3,85513,029

21,12421,008

-7,3785,931

10,92917,69919,646

Otherforeignassets

8211,939

6411,2311,983

6074,3333,928

10,70314,002

- 5 5 0-3,90910,98612,36223,6968,643

18,82614,50330,35852,416

42,61578,07288,82677,53498,870

132,084187,543184,585179,731205,068

70,97565,87588,895

-5,62412,04419,65939,798

-1,29023,44233,82832,914

14,78924,68146,806

Alloca-tions ofspecialdrawingrights(SDRs)

867717710

U39"

1,1521,093

Statisticaldiscrepancy

Total(sum of

theitems

with signreversed)

-1,019-989

-1,124- 3 6 0

907-457

629- 2 0 5

438-1,516

-219-9,779-1,879-2,654-1,458

5 91710,455

- 2 1 9 912,23626,449

25,38624,99241,35919,81527,97227,59218,272

-1,410899

17,384

30,820-15,140-12,218

-3,831-8,014

4,011-7,312

-12,12017,5022,123

15,280

8,94814,1335,495

Ofwhich:

Seasonaladjust-ment

discrep-ancy

4,710-120

-6,5061,911

4,878653

-6,7541,222

5,814681

-7,605

5 Includes extraordinary U.S. Government transactions with India.6 Consists of gold, special drawing rights, foreign currencies, and the U.S. reserve position in the International Monetary Fund (IMF).Source: Department of Commerce, Bureau of Economic Analysis.


TABLE B-104.—U.S. merchandise exports and imports by principal end-use category, 1963-93

[Billions of dollars; quarterly data seasonally adjusted]

Year orquarter

Exports

Total

Agri-cultur-

alprod-ucts

Nonagricultural products

Total

Indus-trial

suppliesand

mate-rials

Capitalgoodsexcept

automo-tive

Auto-motive Other

Imports

Total

Petro-leumand

prod-ucts

Nonpetroleum products

Total

Indus-trial

suppliesand

mate-rials

Capitalgoodsexcept

automo-tive

Auto-motive Other

19651966196719681969

19701971197219731974

1975197619771978 »1979

19801981198219831984

19851986198719881989

199019911992

1991: IIIIllIV

1992: IIIIllIV

1993: I....II...III..

26.529.330.733.636.4

42.543.349.471.498.3

107.1114.7120.8142.1184.4

224.3237.0211.2201.8219.9

215.9223.3250.2320.2362.1

389.3416.9440.1

101.3104.2103.8107.6

108.3108.3109.5114.0

111.5113.1111.9

6.36.96.56.36.1

7.47.89.5

18.022.4

22.223.424.329.935.5

42.044.137.337.138.4

29.627.229.838.842.2

40.240.144.0

9.99.69.9

10.7

10.810.711.211.4

10.810.810.6

20.222.424.227.330.3

35.135.539.953.475.9

84.891.496.5

112.2149.0

182.2193.0173.9164.7181.5

186.3196.2220.4281.4319.9

349.1376.8396.1

91.594.693.896.9

97.597.798.3

102.6

100.7102.3101.3

7.68.28.59.6

10.3

12.310.911.917.026.3

26.828.429.834.252.2

65.163.657.752.756.8

54.859.463.782.691.9

97.1101.8101.8

26.325.425.125.0

24.925.225.626.1

25.625.926.1

8.18.99.9

11.112.4

14.715.416.922.030.9

36.639.139.847.560.2

76.384.276.571.777.0

79.382.892.7

119.1139.6

153.3167.0176.9

39.142.541.743.8

44.343.743.345.5

44.545.844.7

1.92.42.83.53.9

3.94.75.56.98.6

10.612.113.415.217.9

17.419.717.218.522.4

24.925.127.633.434.9

36.540.047.1

9.09.9

10.610.5

10.811.612.012.7

12.812.812.1

2.62.93.03.23.7

4.34.55.67.6

10.0

10.811.713.515.318.7

23.425.522.421.825.3

27.228.936.446.353.5

62.367.970.3

17.016.716.517.7

17.517.117.518.3

17.817.818.4

21.525.526.933.035.8

39.945.655.870.5

103.8

98.2124.2151.9176.0212.0

249.8265.1247.6268.9332.4

338.1368.4409.8447.2477.4

498.3490.7536.3

120.1120.5123.4126.7

126.1133.1137.1140.0

140.8147.5148.2

2.02.12.12.42.6

2.93.74.78.4

26.6

27.034.645.042.660.4

79.578.462.055.158.1

51.434.342.939.650.9

62.351.851.6

13.113.113.212.3

10.513.114.313.7

12.814.312.6

19.523.424.830.633.2

36.941.951.162.177.2

71.289.7

106.9133.4151.6

170.2186.7185.7213.8274.4

286.7334.1366.8407.6426.4

436.0439.0484.7

107.0107.5110.2114.3

115.6120.0122.8126.2

128.1133.2135.6

9.110.210.012.011.8

12.413.816.319.627.8

24.029.835.740.747.5

53.056.148.653.766.1

62.669.970.883.184.2

82.580.988.6

20.120.019.920.8

21.222.022.123.4

23.524.725.9

1.52.22.52.83.4

4.04.35.98.39.8

10.212.314.019.324.6

31.637.138.443.760.4

61.372.085.1102.2112.5

116.0120.7134.2

29.930.130.230.5

31.432.934.535.4

35.737.738.2

0.91.82.44.04.9

5.57.48.7

10.312.0

11.716.218.625.026.6

28.331.034.343.056.5

64.978.185.287.987.4

88.585.791.8

20.720.222.322.4

22.322.822.923.8

25.125.525.0

8.09.29.9

11.813.0

15.016.420.223.927.5

25.331.438.648.452.8

57.462.464.373.391.4

97.9114.2125.7134.4142.4

149.0151.7170.1

36.437.137.740.6

40.842.343.343.7

43.845.346.5

1 End-use categories beginning 1978 are not strictly comparable with data for earlier periods. See Survey of Current Business, June 1988.Note.—Data are on an international transactions basis and exclude military.In June 1990, end-use categories for merchandise exports were redefined to include reexports; beginning with data for 1978,

reexports (exports of foreign merchandise) are assigned to detailed end-use categories in the same manner as exports of domesticmerchandise.

Source-. Department of Commerce, Bureau of Economic Analysts.


TABLE B-105.—U.S. merchandise exports and imports by area, 1984-93


Item

Exports

Industrial countries

Canada .JapanWestern Europe2

Australia, New Zealand,and South Africa

Australia

Other countries, exceptEastern Europe

OPEC3

Other4 .

Eastern Europe2 ;

Internationalorganizations andunallocated

Imports


CanadaJapan....Western Europe2


Australia


OPEC3

Other4

Eastern Europe2


Balance (excess ofexports -+-)


CanadaJapanWestern Europe2


Australia


OPEC3

Other4

Eastern Europe2


1984

219 9

141.0

53.023.256.9

7.8

49

74.6

13.860 8

4.3

0

332 4

205.5

67.660.272.1

5.6

28

124 7

26.997 8

2.2

-112.5

-64 .5

-14 .6-37 .0-15 .2

2.2

2.1

- 5 0 . 1

- 1 3 . 1- 3 7 0

2.1

.0

1985

215.9

140.5

55.422.156.0

7.0

5 1

71.9

11.460 5

3.2

2

3381

219.0

70.265.777.5

5.6

27

117 3

22.894 5

1.8

-122.2

-78 .4

-14 .8-43 .5—21.4

1.4

2.4

-45 .3

-11 .4-33 .9

1.4

.2

1986

223 3

150.3

56.526.460.4

7.1

5 1

71.0

10.460 6

2.1

368 4

245.4

69.780.889.0

5.9

26

1211

18.9102 2

2.0

-145.1

- 9 5 . 1

-13 .2-54 .4-28 .6

1.1

2.5

50.1

- 8 . 5-41 .6

.1

1987

250 2

165.6

62.027.668.6

7.4

53

82.3

10.7716

2.3

409 8

259.7

73.684.696.1

5.4

30

148 2

24.4123 8

1.9

-159.6

- 9 4 . 1

-11 .6-56 .9-27 .5

2.0

2.3

65.8

-13 .7- 5 2 . 1

.3

1988

320 2

207 3

74.337.286.4

9.4

68

109.1

13.895 3

3.8

1

447 2

283.2

84.689.8

102.6

6.2

35

1618

23.0138 8

2.2

-127.0

-75 .9

-10 .3-52 .6-16 .2

3.2

3.3

-52 .7

- 9 . 2-43 .5

1.6

.1

1989

3621

234.2

81.143.998.4

10.9

8 1

122.2

13.3108 9

5.5

2

477 4

292.5

89.993.5

102.4

6.6

39

182 8

30.7152 1

2.1

-115.2

-58 .3

- 8 . 9-49 .7

- 4 . 0

4.2

4.2

-60 .6

-17 .4-43 .2

3.5

.2

1990

389 3

253.8

83.547.8

111.4

11.2

83

130.6

13.4117 2

4.3

6

498 3

299.9

93.190.4

109.2

7.3

44

196 1

38.2157 9

2.3

-109.0

- 4 6 . 1

- 9 . 6-42 .6

2.2

3.9

3.9

-65 .6

-24 .840.7

2.1

.6

1991

416 9

261.3

85.947.2

116.8

11.4

83

150.4

18.51319

4.8

4

490 7

294.2

93.092.3

101.9

7.0

4 1

194 8

33.41614

1.8

73.8

-32 .8

- 7 . 1-45 .0

14.9

4.4

4.2

-44 .4

-15 .0-29 .4

3.0

.4

1992

4401

264.9

91.146.9

114.5

12.4

87

169.5

20.7148 8

5.6

1

536 3

316.2

100.997.4

111.3

6.6

37

2181

33.7184 4

2.0

- 9 6 . 1

-51 .3

- 9 . 7-50 .5

3.2

5.8

5.0

-48 .6

-13 .0-35 .6

3.7

.1

1993 first3 quartersat annual

rate1

448.7

267.2

99.447.2

109.2

11.4

80

175.8

18.7157.1

5.7

582.0

342.2

112.5105.2118.0

6.5

33

236 6

35.02017

3.2

-133.3

-75 .0

-13 .0-58 .0

- 8 . 9

4.9

4.7

-60 .9

-16 .3-44 .5

2.6

1 Preliminary; seasonally adjusted.2 The former German Democratic Republic (East Germany) included in Western Europe beginning fourth quarter 1990 and in Eastern

Europe prior to that time.3 Organization of Petroleum Exporting Countries, consisting of Algeria, Ecuador (through 1992), Gabon, Indonesia, Iran, Iraq, Kuwait,

Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates, and Venezuela.4 Latin America, other Western Hemisphere, and other countries in Asia and Africa, less members of OPEC.

Note.—Data are on an international transactions basis and exclude military.



TABLE B-106.—U.S. merchandise exports, imports, and trade balance, 1972-93

[Billions of dollars; monthly data seasonally adjusted]

Year ormonth

19721973

1974197519761977 ....197819791980

1981198219831984198519861987198819891990199119921992:

JanFebMarAprMayJuneJulyAugSeptOctNovDec

1993:JanFebMarAprMayJuneJulyAugSeptOctNov

I

Total 2

Merchandise exports (f.a.s. /alue)'

Principal end-use commodity category

Foods,feeds,

bev-er-

ages

In-dus-trialsup-pliesandma-teri-als

Cap-ital

goods

ceptauto-mo-tive

Auto-mo-tivevehi-cles,

parts,anden-

gines

Con-sum-

ergoods(non-food)

ex-ceptauto-mo-tive

Other 2

F.a.s. value5

49.971.9

99.4108 9116.8123.2145 8186 4225.6

238 7216.4205.6224.0

7 218.87 227.2

254.1322.4363.8393.6421.7448.2

35.637.637.236.436.038.037.436.437.738.937.839.2

37.536.938.938.538.937.637.138.138.940.140.1

31.330.931.524.022.324.332.337.235.135.740.2

3.13.63.33.43.03.13.43.33.53.63.43.4

3.33.43.53.43.33.23.23.13.43.53.4

61.756.761.758.557.366.785.199.3

104.4109.7109.3

9.28.98.88.89.09.49.68.99.09.69.09.2

9.48.79.29.19.78.89.39.09.69.99.6

7?.767.272.073.975.886.2

109.2138.8152.7166.7176.7

14.015.215.114.413.915.414.414.014.815.314.515.8

14.514.315.615.215.315.314.315.315.015.615.5

15.716.820.622.921.724.629.334.837.440.047.1

3.43.83.73.93.93.83.94.14.03.84.44.6

4.14.44.34.44.34.13.84.24.14.54.7

14.313.413.312.614.217.723.136.443.345.950.4

3.94.14.13.94.14.24.24.14.44.54.54.3

4.34.24.44.24.54.34.44.54.64.64.8

20.720.524.027.335.934.643.417.220.723.724.5

2.02.12.22.02.12.22.02.02.02.12.01.9

2.01.92.02.11.92.02.02.12.22.02.0

Genera

Total

merchandise imports (customs value)3

Principal end-use commodity category

Foods,feeds,

bev-er-

ages

In-dus-trialsup-pliesandma-teri-als

Cap-ital

goods

ceptauto-mo-

ii ve

Auto-mo-tivevehi-cles,

parts,anden-

gines

Con-sum-

ergoods(non-food)

ex-ceptauto-mo-tive

Other

Customs value

55 669.5

103 399 3

124 61515176 1210 3245.3

261 0244.0258.0

6 330.76 336.5

365.4406.2441.0473.2495.3488.5532.7

41.641.042.743.443.644.944.945.146.046.145.646.1

45.244.849.348.747.349.747.548.149.551.050.2

17.118.221.021.924.424.824.825.126.626.527.9

2.32.22.32.42.32.52.52.32.22.32.22.3

2.32.22.42.22.32.32.32.32.42.62.3

F.a.s. value5

Customs value

112.0107.0123.7113.9101.3111.0118.3132.3143.2131.6138.3

10.610.310.611.211.512.012.011.912.012.511.811.5

11.611.112.612.612.312.812.111.712.212.512.2

35.440.959.865.171.884.5

101.4113.3116.4120.7134.2

10.310.310.610.910.911.111.311.411.611.811.611.9

11.711.712.412.412.313.112.812.513.013.713.7

33.340.853.566.878.285.287.786.187.385.791.8

7.57.17.67.67.67.67.47.77.87.58.08.2

7.98.38.88.88.28.67.88.58.79.08.8

39.744.960.068.379.488.795.9

102.9105.7108.0123.0

9.59.7

10.09.9

10.110.110.310.310.910.510.310.7

10.310.311.511.110.711.311.011.711.611.711.5

6.56.37.89.4

10.412.112.813.616.115.917.6

1.31.51.51.41.41.51.51.31.41.51.71.5

1.41.31.61.51.61.61.51.41.51.51.7

Pen

eralmer-chan-diseim-

ports(ci.f.

value)4

58 973.2

110.9105 9132.5160.4186 0222 2257.0

273 4254.9269.9346.4352.5382.3424.4459.5493.2517.0508.4554.0

43.442.744.545.245.446.646.746.847.847.947.447.9

47.046.651.350.649.151.649.450.051.553.052.2

Trade balance

Ex-

(f.a.s.)lessim-

(cus-tomsval-•ip\

- 5 72.4

- 3 996

- 7 . 8- 2 8 . 4- 3 0 2

23 9-19 .7

- 2 2 3- 2 7 . 5- 5 2 . 4

-106.7-117 .7-138 .3-152 .1-118 .5-109 .4-101 .7-66 .7- 8 4 . 5

- 6 . 0- 3 . 4- 5 . 5- 7 . 0- 7 . 7- 6 . 8- 7 . 5- 8 . 7- 8 . 3- 7 . 2- 7 . 8- 7 . 0

- 7 . 7- 7 . 9

- 1 0 . 5- 1 0 . 2

- 8 . 4- 1 2 . 1- 1 0 . 4- 1 0 . 0- 1 0 . 6- 1 0 . 9- 1 0 . 2

Ex-ports

(f.a.s.)lessim-

ports(ci.f.)

- 9 0- 1 . 3

- 1 1 430

-15 .7- 3 7 2- 4 0 2

35 9- 3 1 . 4

34 6- 3 8 . 4- 6 4 . 2

-122 .4-133 .6-155 .1-170 .3-137.1-129 .4-123.4- 8 6 . 6

-105 .9

- 7 . 8- 5 . 1- 7 . 3- 8 . 8- 9 . 4- 8 . 6- 9 . 3

- 1 0 . 5- 1 0 . 1

- 9 . 1- 9 . 6- 8 . 8

- 9 . 5- 9 . 6

-12 .4- 1 2 . 1- 1 0 . 2- 1 4 . 0- 1 2 . 3- 1 1 . 9- 1 2 . 6-12.S- 1 2 . 2

1 Department of Defense shipments of grant-aid military supplies and equipment under the Military Assistance Program are excludedfrom total exports through 1985 and included beginning 1986.

2 Includes undocumented exports to Canada through 1988. Beginning 1989, undocumented exports to Canada are included in theappropriate end-use category.

3 Total arrivals of imported goods other than intransit shipments.4 Ci.f. (cost, insurance, and freight) import value at first port of entry into United States. Data for 1967-73 are estimates.5 F.a.s. (free alongside ship) value basis at U.S. port of exportation for exports and at foreign port of exportation for imports.6 Total includes revisions not reflected in detail.7 Total exports are on a revised statistical month basis; end-use categories are on a statistical month basis.Note.—Data are as reported by the Bureau of the Census adjusted to include silver ore and bullion reported separately prior to 1969.

Trade in gold is included beginning 1974. Export statistics cover all merchandise shipped from the U.S. customs area, except suppliesfor the U.S.- Armed Forces. Exports include shipments under Agency for International Development and Food for Peace programs as wellas other private relief shipments.

Data beginning 1974 include trade of the U.S. Virgin Islands.Source.- Department of Commerce, Bureau of the Census.


TABLE B-107.—International reserves, selected years, 1952-93

[Millions of SDRs; end of period]

Area and country 1952 1962 1972 1982 1990 1991 19921993

Oct Nov

All countries

Industrial countries *

United StatesCanadaAustraliaJapanNew Zealand

AustriaBelgiumDenmarkFinlandFrance

GermanyGreeceIcelandIrelandItalyNetherlands

NorwayPortugalSpainSwedenSwitzerlandUnited Kingdom

Developing countries: Total2

By area:

AfricaAsia2

EuropeMiddle EastWestern Hemisphere

Memo:

Oil-exporting countriesNon-oil developing countries

49,388

39,280

24,7141,944

9201,101

183

1161,133

150132686

96094

8318722953

164603134504

1,6671,956

9,648

1,7863,793

2691,1832,616

1,6997,949

62,851

53,502

17,2202,5611,1682,021

251

1,0811,753

256237

4,049

6,958287

32359

4,0681,943

304680

1,045802

2,9193,308

9,349

2,1102,772

3811,8052,282

2,0307,319

146,658

113,362

12,1125,5725,65616,916

767

2,5053,564787664

9,224

21,90895078

1,0385,6054,407

1,2202,1294,6181,4536,9615,201

33,295

3,9628,1292,6809,4369,089

9,95623,339

361,253

214,014

29,9183,4286,05322,001

577

5,5444,7572,1111,420

17,850

43,909916133

2,39015,10810,723

6,2721,1797,4503,39716,93011,904

147,239

7,73444,4905,359

64,09425,563

67,16380,076

670,678

441,946

59,95813,06011,71056,0272,902

7,3059,5997,5026,849

28,716

51,0602,517308

3,68446,56513,827

10,81910,73636,55512,85623,45625,864

228,732

12,053128,82615,53537,95634,361

43,875184,857

704,672

428,438

55,76911,81611,83751,2242,062

7,9249,5735,2345,389

24,735

47,3753,747316

4,02636,36513,980

9,29214,97746,56213,02823,19129,948

276,234

14,587157,53515,82341,77746,512

48,883227,351

725,652

424,229

52,9958,6628,429

52,9372,239

9,70310,9148,0903,862

22,522

69,4893,369364

2,51422,43817,492

8,72514,47433,64016,66727,10027,300

301,423

13,095164,41715,17143,87764,861

45,871255,552

760,728

439,197

54,7479,2568,318

71,3462,525

10,0668,8436,4483,472

59,0114,476321

4,68523,00124,089

14,284

30,14214,39925,186

321,531

13,452175,19116,32145,15571,412

45,534275,997

765,608

442,458

54,6798,7298,341

10,3819,0056,4563,650

60,110

2884,693

23,73524,072

14,448

30i225

25,463

323,149

13,230176,557

16,37145,29671,696

45,280277,869

1 Includes data for Luxembourg.2 Includes data for Taiwan Province of China.

Note.—International reserves is comprised of monetary authorities' holdings of gold (at SDR 35 per ounce), special drawing rights(SDRs), reserve positions in the International Monetary Fund, and foreign exchange. Data exclude U.S.S.R., other Eastern Europeancountries, and Cuba (after 1960).

U.S. dollars per SDR (end of period) are: 1952 and 1962—1.00000; 1972—1.08571; 1982—1.10311; 1990—1.42266; 1991—1.43043; 1992—1.37500; October 1993—1.39293; and November 1993—1.38389.

Source: International Monetary Fund, International Financial Statistics.


TABLE B-108.—Industrial production and consumer prices, major industrial countries, 1967-93

Year or quarter

19671968196919701971197219731974197519761977 .. . .19781979 .. .1980..19811982198319841985198619871988198919901991 . .19921993" .. ..1992:1

II . .IllIV ..

1993:1||IIIIV

1967 . ...196819691970197119721973197419751976197719781979198019811982 . .. .19831984 .. .1985198619871988198919901991199219931992-1

||IllIV

1993-1IIIll .IV

UnitedStates

57.560.763.561.462.268.373.872.766.372.478.282.685.784.185 781.984992.894 495.3100.0104.4106.0106.01041106.5111.0105.1106 3106.5108 3109.7110 4111.1113.1

33.434.836.738.840.541.844 449.353.856.960.665.272.682 490.996 599.6103 9107.6109 61136118.3124.0130.7136.2140 3144.5138 7139.8140 9141.9143.1144.2144.8145.8

Canada

51.154.358.158.862.066.773.876.171.676.079.382.186.182.884576.281291.096195.4100 0105.3105.2101.898198.5

97.598 098.5100 0101.8102 6103.6

31.332.534.035.136.137.940 745.250.153.858.163.369.176185.694 9100.4104 8108.9113.4118 4123.2129.3135.5143.1145.2147.9144 2144.9145 6146.1147.2147.5148.1148.8

JapanEuropeanCommu-nity1

France

Industrial production (1987=

36.241.748.355.056.559.667.966.459.466.068.673.078.181.782 682.985 593.496 896.6100 0109.3115.9121.4123 7116.5

119.7116 9116.5113 5114.1112 2112.0

59.363.769.673.174.778.083.784.378.784.586.695.493.192.891 189.990 892.895 898.0100 0104.2108.2110.31102108.9

106.8109 5108.6106 6105.1

Consumer prices

32.234.035.838.540.942.947 959.065.972.278.181.484.491095.398 099.81021104.1104.8104 9105.7108.0111.4115.0116.9

1159117.51170117.4117.4118.5119.1

23.524.325.326.628.330.132 737.442.847.953.858.765.174 083.292 2100.2107.4114.0118.2122 2126.7133.3140.8147.9154.3

1521154.0154 8156.2157.5159.2160.1

61626972778187908390929499

98.998.397.396.597.197.298.0100.0104.6108.9111.0110.9109.8

110.41104110.3107.3104.8104 9

Germany2

LOO)^

57.662.970.975.577.079.985.084.879.686.888.090.494.795.093 290.390.993.597.799.6100.0103.9108.8114.1117.4116.0

119.2117.3115.7110.3106.9106.9106.9

(1982-84=100)

24.625.727.428.730.332.234 539.343.948.152.757.563.672.382.091.6100.5107.9114.2117.2120.9124.2128.6133.0137.2140.6

139 5140.6140 6141.3142.5143.4143.7

49.350.151.052.955.658.762.867.271.274.276.979.082.386.892.297.0100.3102.7104.8104.7104.9106.3109.2112.1116.0120.6125.51191120.4121.0122.1124.2125.5126.0126.6

Italy

58.561.964.268.368.070.877.781.273.782.983.885.491.196.294 791.788 991.892.996.2100.0105.9109.2109.4107.1106.5

110.3107.2104.7104.0105.2102.0103.0

16.016.216.616.817.618.720.624.628.833.640.145.152.163.275.487.7100.8111.5121.1128.5134 4141.1150.4159 6169.8178 9186.4175 9178.2179.4181.7183.5185.5187.3189.2

UnitedKingdom

70.575.978.578.978.579.987.085.480 883.487.690.193.686.984 185.788 989.093.996.2100.0104.8107.0106.7102.5102.0

101.4101.3102.5103.1103.2104.3105.3

18.519.420.421.823.825.527.932.340.246.854.258.766.678.587.995.499.8104.8111.1114.9119 7125.6135.4148.2156.9162.7165.3160 0163.5163.4164.0162.9165.6166.0166.6

1 Consists of Belgium-Luxembourg, Denmark, France, Greece, Ireland, Italy, Netherlands, United Kingdom, Germany, Portugal, andSpain. Industrial production prior to July 1981 excludes data for Greece, which joined the EC in 1981. Data for Portugal and Spain,which became members on January 1, 1986 are excluded prior to 1982.

2 Former West Germany.3 All data exclude construction. Quarterly data are seasonally adjusted.

Sources: National sources as reported by Department of Commerce (International Trade Administration, Office of Trade and EconomicAnalysis, Trade and Industry Statistics Division), Department of Labor (Bureau of Labor Statistics), and Board of Governors of theFederal Reserve System.


TABLE B-109.—Civilian unemployment rate, and hourly compensation, major industrial countries,

1967-93

[Quarterly data seasonally adjusted]

Year or quarter UnitedStates Canada Japan France Ger-

many * Italy UnitedKingdom

Civilian unemployment rate (percent)2

1967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931992:1....

II...III..IV..

1993:1....II...

IV..

1967..1968..1969..1970..1971..1972..1973..1974..1975..1976..1977..1978..1979..1980..1981..1982..1983..1984..1985..1986..1987..1988..1989..1990..1991..1992..

3.83.63.54.95.95.64.95.68.57.77.16.15.87.17.69.79.67.57.2.7.06.25.55.35.56.77.46.87.37.57.57.37.07.06.76.5

3.84.54.45.76.26.25.55.36.97.18.18.37.47.57.5

11.011.811.210.59.58.87.87.58.1

10.311.311.210.711.311.511.511.011.411.411.1

1.31.21.11.21.31.41.31.41.92.02.02.32.12.02.22.42.72.82.62.82.92.52.32.12.12.2

2.12.12.22.32.32.42.6

2.12.72.32.52.82.92.82.94.24.65.25.46.16.57.68.38.6

10.010.510.610.810.39.69.19.6

"10.4

10.210.210.310.610.811.211.5

1.31.1.6.5.6.7.7

1.63.43.43.43.32.92.84.05.63 6.97.17.26.66.36.35.7

"5.0"4.4"4.7

4.44.64.85.05.45.86.1

3.43.53.53.23.33.83.73.13.43.94.14.14.44.44.95.45.95.96.0

3 7.57.97.97.8

"7.03 "6.9"7.3

6.97.07.08.3

3 9.410.810.6

Manufacturing hourly compensation in U.S. dollars (1982=100) 4

62.867.974.483.391.5

100.0102.7105.9111.2115.8118.4123.0127.9134.7141.9148.1

26.128.230.433.937.741.344.352.257.367.769.569.874.883.093.1

100.0106.2105.9105.6107.8116.3130.9143.2155.5167.8165.7

10.512.214.617.420.727.337.445.652.156.268.694.095.598.3

107.6100.0107.7111.0115.0171.2204.2234.4231.2237.5270.8300.6

17.920.220.521.624.429.438.442.158.259.966.181.497.5

113.3101.8100.095.390.295.0

128.4153.4160.6158.1192.4193.5213.5

15.216.318.122.927.032.544.251.659.762.974.592.8

109.1119.3102.2100.099.993.996.0

135.6171.4182.1178.4222.2230.6260.0

17.718.920.625.129.434.941.248.160.559.065.778.897.4

111.1100.9100.0104.3103.5107.0142.7173.3179.9188.5241.0257.5277.1

3.33.23.13.13.94.23.23.14.65.96.46.35.47.0

10.511.311.811.811.211.210.38.67.36.9

"8.8"10.0"10.4

9.69.8

10.210.510.610.410.410.1

16.915.817.219.923.527.731.035.644.942.346.259.277.9

103.7104.8100.093.288.894.7

113.7138.9158.6167.3191.4210.8228.4

1 Former West Germany.2 Civilian unemployment rates, approximating U.S. concepts. Quarterly data for France, Germany, and United Kingdom should be

viewed as less precise indicators of unemployment under U.S. concepts than the annual data. Many Italians reported as unemployed didnot actively seek work in the past 30 days, and they have been excluded for comparability with U.S. concepts. Inclusion of such personswould about double the unemployment rate for Italy through 1985, and increase it to 11-12 percent for 1986-92 and 13 percent in1993.

3 There are breaks in the series for Germany (1983) and Italy (1986, 1991, and 1993). Based on the prior series, the rate forGermany was 7.2 percent in 1983, and the rate for Italy was 6.3 percent in 1986 and 6.6 in 1991. The break in 1993 raised Italy's rateby approximately 1.1 percentage points.

4 Hourly compensation in manufacturing, U.S. dollar basis. Data relate to all employed persons (wage and salary earners and the self-employed) in the United States and Canada, and to all employees (wage and salary earners) in the other countries. For France andUnited Kingdom, compensation adjusted to include changes in employment taxes that are not compensation to employees, but are laborcosts to employers.

Source.- Department of Labor, Bureau of Labor Statistics.


TABLE B-110.—Foreign exchange rates, 1969-93

[Currency units per U.S. dollar, except as noted]

Period

March 1973

19691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931992: 1

IIIllIV

1993:1IIIllIV

March 1973

1969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993

1992:1IIIllIV

1993:1IIIllIV

Belgium(franc)

39.408

50.14249.65648.59844.02038.95538.95936.80038.60935.84931.49529.34229.23837.19545.78151.12357.75259.33744.66437.35836.78539.40933.42434.19532.14834.58133.34733.22030.17031.91533.68633.31135.44735.857

Netherlands(guilder)

2.8714

3.62403.61663.49533.20982.79462.68792.52932.64492.45482.16432.00731.98752.49992.67192.85443.20853.31852.44852.02641.97782.12191.82151.87201.75871.85851.82431.81821.65061.74481.83871.81801.88611.8907

Canada(dollar)

0.9967

1.07691.04441.0099.99071.0002.9780

1.0175.9863

1.06331.14051.17131.16931.19901.23441.23251.29521.36591.38961.32591.23061.18421.16681.14601.20851.29021.17751.19401.20161.26171.26081.27031.30391.3251

Sweden(krona)

4.4294

5.17015.18625.10514.75714.36194.43874.15314.35804.48024.52074.28934.23105.06606.28397.67188.27088.60327.12736.34696.13706.45595.92316.05215.82587.79565.88545.83025.35236.25817.52997.41308.01518.2185

France(franc)

4.5156

5.19995.52885.51005.04444.45354.81074.28774.78254.91614.50914.25674.22515.43976.57947.62048.73568.98006.92576.01225.95956.38025.44675.64685.29355.66695.51375.44164.96285.26715.54635.46355.81805.8368

Switzerland(franc)

3.2171

4.31314.31064.11713.81863.16882.98052.58392.50022.40651.79071.66441.67721.96752.03272.10072.35002.45521.79791.49181.46431.63691.39011.43561.40641.47811.45731.47801.30411.38881.50631.46281.47681.4676

Germany(mark)

2.8132

3.92513.64653.48303.18862.67152.58682.46142.51852.32362.00971.83431.81752.26322.42812.55392.84552.94202.17051.79811.75701.88081.61661.66101.56181.65451.62041.61461.46431.55091.63491.61981.67761.6851

United Kingdom(pound)1

2.4724

2.39012.39592.44422.50342.45252.34032.22171.80481.74491.91842.12242.32462.02431.74801.51591.33681.29741.46771.63981.78131.63821.78411.76741.76631.50161.76921.80701.90301.57811.47691.53311.50371.4914

Italy(lira)

568.17

627.32627.12618.34583.70582.41650.81653.10833.58882.78849.13831.11856.21

1138.581354.001519.321756.111908.881491.161297.031302.391372.281198.271241.281232.171573.411218.541217.231135.181362.891547.371506.551586.561653.17

Japan(yen)

261.90

358.36358.16347.79303.13271.31291.84296.78296.45268.62210.39219.02226.63220.63249.06237.55237.46238.47168.35144.60128.17138.07145.00134.59126.78111.08128.77130.37124.93123.02120.67110.05105.65108.35

Multilateral trade-weighted value ofthe U.S. dollar (March 1973=100)

Nominal

100.0

122.4121.1117.8109.199.1101.498.5105.7103.492.488.187.4103.4116.6125.3138.2143.0112.296.992.798.689.189.886.693.288.288.081.988.593.390.993.794.9

Real2

100.0

98.999.494.197.693.384.483.284.9100.9111.8117.3128.8132.4103.690.988.294.486.086.583.489.984.884.478.985.490.087.690.291.7

1 Value is U.S. dollars per pound.2 Adjusted by changes in consumer prices.Source-. Board of Governors of the Federal Reserve System.


TABLE B —111.— Growth rates in real gross domestic product, 1975-93

[Percent change]

Area and country 1975-84 1985 1986 1987 1988 1989 1990 1991 1992 1993 *

World

Industrial countries-

United StatesCanadaJapan

European Community

FranceGermany2

ItalyUnited Kingdom3

Developing countries

AfricaAsiaMiddle East and EuropeWestern Hemisphere

Countries in transition4

Central EuropeFormer Soviet Union5

3.3

2.5

2.53.24.0

2.0

2.11.82.51.5

4.5

2.36.33.63.2

3.9

3.34.1

3.7

3.3

3.24.85.0

2.5

1.91.92.63.8

5.2

3.77.32.93.5

2.1

3.11.7

3.6

2.9

2.93.32.6

2.9

2.52.22.94.3

4.9

1.97.02.44.0

3.6

3.73.6

3.9

3.2

3.14.24.1

2.9

2.31.43.14.8

5.7

1.38.15.93.2

2.6

1.92.8

4.6

4.3

3.95.06.2

4.2

4.53.74.15.0

5.3

3.99.0

.71.1

4.3

1.55.3

3.4

3.2

2.52.44.7

3.5

4.33.62.92.2

4.1

3.65.53.61.6

2.3

.23.0

2.2

2.3

1.2- . 24.8

3.0

2.55.72.1

.4

3.7

1.95.74.2

.3

- 3 . 5

- 7 . 1- 2 . 3

0.6

.5

- . 7-1 .7

4.0

.71.71.3

-2 .2

4.5

1.66.12.43.3

-12.0

-12.6-11.8

1.7

2.6.7

1.3

1.1

1.41.9.9

- . 5

5.8

.47.87.82.5

-15.4

-9 .1-17.8

2.2

1.1

2.72.6

- . 2

-1 .0-1 .6

.01.8

6.1

1.68.73.43.4

-10.2

- 1 . 8-13.7

1 All figures are forecasts except data for United States.2 Through 1990 for West Germany only.3 Average of expenditure, income, and output estimates of GDP at market prices.4 For most countries included in the group, total output is measured by real net material product (NMP) or by NMP-based estimates

of GDP.5 Data beginning 1990 are weighted averages of separate estimates for the 15 states of the former U.S.S.R.

Sources: Department of Commerce (Bureau of Economic Analysis) and International Monetary Fund.


NATIONAL WEALTH

TABLE B-l 12.—National wealth, 1946-92


End of yearTotalnet

worth l

Private net worth 2

Total

Tangible wealth 3

Total *

Owner-occupied

realestate

Con-sumer

durables

Financial wealth

Tota l 5Corpo-

rateequity 6

Noncor-porateequity

Government net financial assets

Total7 FederalStateandlocal

1946194719481949

19501951195219531954

19551956195719581959

19601961196219631964

19651966196719681969

19701971197219731974

1975..1976..1977..1978..1979..

1980..1981..1982..1983..1984..

1985..1986..1987..1988..1989..

1990..1991..1992..

533.7624.1673.9706.8

816.9918.8954.5979.0

1,076.5

1,186.21,282.21,302.41,452.61,526.9

1,570.91,727.51,715.01,855.52,010.1

2,182.82,239.02,513.82,847.82,891.4

3,018.43,331.33,762.93,942.44,090.1

4,636.05,328.15,784.46,615.97,734.5

8,958.99,531.1

10,099.510,860.811,421.5

12.474.013,468.614,249.315,146.616,683.5

16,425.217,949.818,569.3

755.5831.6872.9909.6

1,015.41,112.91,167.61,204.51,311.2

1,421.71,515.01,537.01,702.51,784.0

1,828.91,995.31,990.62,135.82,297.3

2,474.22,537.62,825.23,172.03,216.7

3,364.03,706.94,153.74,333.84,493.6

5,119.45,871.76,396.67,232.68,365.6

9,650.610,307.611,021.411,961.812,697.7

13,942.315,158.516,122.717,216.218,955.6

18,933.120,731.821,749.9

220.1260.7294.7323.5

373.1419.1455.2486.3514.4

557.9603.2634.3664.1699.1

730.0761.2794.5833.0874.9

919.2991.8

1,059.41,182.01,282.8

1,363.91,478.11,667.71,887.82,146.8

2,391.12,683.83,088.33,601.34,178.7

4,703.05,096.55,358.55,672.86,160.0

6,603.27,100.47,656.18,102.88,708.6

8,738.39,248.39,534.1

149.6175.5197.1214.7

239.7266.8291.6312.6335.4

364.8391.9416.3438.8464.4

488.2512.5535.9559.2584.6

609.6651.9688.2768.7826.7

867.4945.7

1,085.51,234.91,395.2

1,572.11,790.42,094.72,478.22,897.2

3,289.43,572.63,758.43,983.94,349.4

4,650.14,978.25,368.95,619.66,058.5

5,979.06,440.76,671.7

53.265.176.386.6

108.2124.4134.0143.0147.1

157.3171.9176.2182.0189.0

193.7196.8202.3212.8223.7

236.1258.5283.2314.2343.7

372.4393.7424.7470.5544.2

595.7652.8725.5815.2924.4

1,014.31,086.21,133.71,193.81,281.5

1,391.11,527.51,659.51,808.41,929.6

2,047.12,141.92,232.1

535.4570.9578.2586.1

642.3693.8712.4718.2796.8

863.8911.8902.7

1,038.41,084.9

1,098.91,234.11,196.11,302.81,422.4

1,550.01,545.81,765.81,990.01,933.9

2,000.12,228.82,486.02,446.02,346.8

2,728.33,187.93,281.33,631.34,186.9

4,947.65,211.15,662.96,289.06,537.7

7,339.18,058.18,466.69,113.4

10,247.0

10,194.811,483.512,215.8

102.6100.299.0

108.1

132.0154.6156.3150.2218.9

268.2288.4254.3358.0385.4

381.5487.8423.0497.3572.2

649.8581.7724.2863.8655.5

638.6730.1810.5607.0387.8

515.6721.1620.4631.4764.3

1,021.0926.1999.1

1,158.71,099.8

1,453.51,754.81,757.01,900.02,264.9

2,190.43,073.43,665.5

200.1236.1245.1244.6

276.3297.3299.6301.2303.3

312.0327.4337.7351.1354.5

356.4365.0374.1383.6396.1

417.8441.3460.6496.5524.1

546.2592.8666.2799.9877.6

958.61,071.41,195.11,398.61,632.0

1,863.62,016.22,015.12,059.12,026.8

2,049.62,107.22,224.62,353.02,508.1

2,440.62,344.62,266.6

-221.8-207.5-199.0-202.8

-198.5-194.1-213.1-225.5-234.7

-235.5-232.8-234.6-249.9-257.1

-258.0-267.8-275.6-280.3-287.2

-291.4-298.6-311.4-324.2-325.3

-345.6-375.6-390.8-391.4-403.5

-483.4-543.6-585.2-616.7-631.1

-691.7-776.5-921.9

-1,101.0-1,276.2

-1,468.3-1,689.9-1,873.4-2,069.6-2,272.1

-2,507.9-2,782.0-3,180.6

-221.6-207.4-198.8-202.4

-195.1-189.7-203.2-212.1-217.5

-215.1-209.4-206.7-216.5-219.4

-217.0-223.1-227.8-229.9-233.8

-235.7-239.0-247.0-255.5-249.2

-260.7-282.3-298.9-305.2-316.2

-392.9-452.9-507.7-545.3-566.5

-626.7-702.8-848.3

-1,041.7-1,223.9

-1,429.8-1,663.7-1,845.4-2,037.8-2,212.9

-2,406.0-2,646.5-2,998.2

- 0 . 6

-.1- . 9

- 3 . 9- 5 . 0

-10 .5-14 .0-17.9

-21 .1-24 .1-28.7-34.2-38.6

-41.9-45.7-48 .8-51 .5-54 .5

- 5 7 . 0- 6 0 . 9- 6 6 . 0- 7 0 . 5- 7 8 . 2

-87 .3-96.2-95.1-90.6-93.9

-99.0-100.8

-88.1-83.0-77.3

-79.2-89 .3-90.9-77.8-73.6

-59 .3-48.1-51.8-59 .1-90.2

-136.6-173.2-226.0

1 Sum of private net worth and government net financial assets.2 Referred to as household net worth in the Balance Sheets.3 Held by households and nonprofit organizations.4 Also includes nonprofit organizations real estate.5 Also includes credit market instruments, life insurance and pension reserves, security credit, and miscellaneous assets, and is net of

liabilities.6 Includes households and nonprofit organizations' direct (or through mutual funds) holdings of corporate equity. Equity held through

pension and life insurance reserves is not included.7 Also includes sponsored credit agencies and the Federal Reserve. Some tangible wealth is included for these agencies.

Note.—Data are from Balance Sheets for the U.S. Economy, 1945-92, September 1993, with updates for recent years from Flow of FundsAccounts, Flows and Outstanding, December 1993.

Data are measured at market value where available. For example, corporate equity and land are measured at market value, but bondsare measured at par value.



TABLE B-113.—National wealth in 1987 dollars, 1946-92

[Billions of 1987 dollars]

End of yearTotalnet

worth 1

Private net worth 2

Total

Tangible wealth s

Total4

Owner-occupied

realestate

Con-sumer

durables

Financial wealth

Total5Corpo-

rateequity 6

Non-corpo-

rateequity

Government net financial assets

Total7 FederalStateandlocal

1946..1947..19481949

19501951195219531954

195519561957.1958.1959.

1960.19611962.1963.1964.

19651966196719681969

19701971197219731974

19751976197719781979

19801981198219831984

19851986198719881989

199019911992

3,195.83,200.53,336.13,551.8

3,871.64,313.64,358.44,450.04,805.8

5,091.05,320.35,294.35,741.55,895.4

6,018.86,494.46,328.46,747.37,153.4

7,552.97,463.38.109.08,735.68,429.7

8,361.28,766.69,430.89,168.48,647.1

9,108.19,866.910,007.610,518.111,307.7

11,866.111,637.511,812.312,189.512,307.7

13,020.913,687.614,011.114,262.315,057.3

14,196.415,020.815,121.6

4,524.04,264.64,321.34,570.9

4,812.35,224.95,331.55,475.05,853.6

6,101.76,286.36,248.06,729.26,888.0

7,007.37,501.17,345.47,766.58,175.4

8,561.28,458.79,113.59,730.19,378.1

9,318.69,755.010,410.310,078.69,500.2

10,057.810,873.511,020.111,498.612,230.4

12,782.312,585.612,890.513,425.113,682.9

14,553.515,405.015,853.216,211.117,107.9

16,364.017,348.817,711.6

1,318.01,336.91,458.91,625.6

1,768.21,967.62,078.52,210.52,296.4

2,394.42,502.92,578.52,624.92,699.2

2,796.92,861.72,931.73,029.13,113.5

3,180.63,306.03,417.43,625.83,739.9

3,778.13,889.74,179.74,390.24,538.7

4,697.64,970.05,343.15,725.46,109.2

6,229.16,222.86,267.36,366.86,637.9

6,892.77,215.97,528.17,629.87,859.7

7,552.57,739.27,763.9

895.8900.0975.7

1,078.9

1,136.01,252.61,331.51,420.91,497.3

1,565.71,626.11,692.31,734.41,793.1

1,870.51,926.71,977.52,033.52,080.4

2,109.32,173.02,220.02,358.02,410.2

2,402.82,488.72,720.62,871.92,949.7

3,088.63,315.63,624.03,939.94,235.7

4,356.84,362.14,395.84,471.34,686.9

4,854.05,059.15,279.25,291.55,468.0

5,167.75,389.75,433.0

318.6333.8377.7435.2

512.8584.0611.9650,0656.7

675.1713.3716.3719.4729.7

742.1739.8746.5773.8796.1

817.0861.7913.5963.8

1,002.0

1,031.61,036.11,064.41,094.21,150.5

1,170.31,208.91,255.21,296.01,351.5

1,343.41,326.31,326.01,339.81,380.9

1,452.11,552.31,631.81,702.81,741.5

1,769.31,792.41,817.7

3,206.02,927.72,862.42,945.2

3,044.13,257.33,253.03,264.53,557.1

3,707.33,783.43,669.54,104.34,188.8

4,210.34,639.54,413.74,737.55,061.9

5,380.65,152.75,696.16,104.35,638.2

5,540.45,865.36,230.65,688.44,961.5

5,360.15,903.55,677.05,773.16,121.2

6,553.16,362.86,623.37,058.47,044.9

7,660.98,189.18,325.18,581.49,248.2

8,811.49,609.69,947.7

614.4513.8490.1543.2

625.6725.8713.7682.7977.2

1,151.11,196.71,033.71,415.01,488.0

1,461.71,833.81,560.91,808.42,036.3

2,248.41,939.02,336.12,649.71,911.1

1,769.01,921.32,031.31,411.6

819.9

1,013.01,335.41,073.41,003.81,117.4

1,352.31,130.81,168.51,300.41,185.1

1,517.21,783.31,727.61,789.12,044.1

1,893.22,571.92,984.9

1,198.21,210.81,213.41,229.1

1,309.51,395.81,368.01,369.11,354.0

1,339.11,358.51,372.81,387.71,368.7

1,365.51,372.21,380.41,394.91,409.6

1,445.71,471.01,485.81,523.01,528.0

1,513.01,560.01,669.71,860.21,855.4

1,883.31,984.12,067.62,223.52,386.0

2,468.32,461.82,356.82,311.02,184.1

2,139.52,141.52,187.42,215.62,263.6

2,109.41,962.01,845.8

-1,328.1-1,064.1

-985.1-1,019.1

-940.8-911.3-973.1

-1,025.0-1,047.8

-1,010.7-966.0-953.7-987.7-992.7

-988.5-1,006.8-1,017.0-1,019.3-1,022.1

-1,008.3-995.3

-1,004.5-994.5-948.4

-957.3-988.4-979.4-910.2-853.1

-949.7-1,006.7-1,012.5

-980.4-922.7

-916.2-948.1

-1,078.2-1,235.7-1,375.2

-1,532.7-1,717.4-1,842.1-1,948.8-2,050.6

-2,167.6-2,328.0-2,590.1

-1,326.9-1,063.6

-984.2-1,017.1

-924.6-890.6-927.9-964.1-971.0

-923.2-868.9-840.2-855.7

847.1

-831.4-838.7-840.6-836.0-832.0

-815.6-796.7-796.8-783.7-726.5

-722.2-742.9-749.1-709.8-668.5

-771.9-838.7-878.4-866.9-828.2

-830.1-858.1-992.2

-1,169.1-1,318.9

-1,492.5-1,690.8-1,814.6-1,918.8-1,997.2

-2,079.5-2,214.6-2,441.5

-3 .6- 2 . 6- 3 . 5-4 .5

-18.5-23.5-47.9-63.6-79.9

-90.6-100.0-116.7-135.2-149.0

-160.5-171.8-180.1-187.3-194.0

-197.2-203.0-212.9-216.3-228.0

-241.8-253.2-238.3-210.7-198.5

-194.5-186.7-152.4-132.0-113.0

-104.9-109.0-106.3

-87.3-79.3

-61.9-48.9-50.9-55.6-81.4

-118.1-144.9-184.0

1 Sum of private net worth and government net financial assets.2 Referred to as household net worth in the Balance Sheets.3 Held by households and nonprofit organizations.4 Also includes nonprofit organizations real estate.5 Also includes credit market instruments, life insurance and pension reserves, security credit, and miscellaneous assets, and is net of

liabilities.6 Includes households and nonprofit organizations' direct (or through mutual funds) holdings of corporate equity. Equity held through

pension and life insurance reserves is not included.7 Also includes sponsored credit agencies and the Federal Reserve. Some tangible wealth is included for these agencies.

Note.—See Note, Table B-112.Deflated by the GDP implicit price deflator. (The deflator was averaged for fourth quarter of year shown and first quarter of following

year.)Sources: Board of Governors of the Federal Reserve System and Department of Commerce, Bureau of Economic Analysis.


SUPPLEMENTARY TABLE

TABLE B-114.—Selected historical series on gross domestic product and related series, 1929-58

[Billions of dollars; except as noted]

Year

1929

19301931193219331934

19351936193719381939

19401941194219431944

19451946194719481949

19501951195219531954

1955195619571958

Gross domestic product

Cur-rentdol-lars

103.1

90.475.858.055.665.1

72.382.790.884.990.8

100.0125.0158.5192.4211.0

213.1211.9234.3260.3259.3

287.0331.6349.7370.0370.9

404.3426.2448.6454.7

1987dollars

821.8

748.9691.3599.7587.1632.6

681.3777.9811.4778.9840.7

906.01,070.61,284.91,540.51,670.0

1,602.61,272.11,252.81,300.01,305.5

1,418.51,558.41,624.91,685.51,673.8

1,768.31,803.61,838.21,829.1

Implicitprice

deflator(1987 =

100)

12.5

12.111.09.79.5

10.3

10.610.611.210.910.8

11.011.712.312.512.6

13.316.718.720.019.9

20.221.321.522.022.2

22.923.624.424.9

Percent change frompreceding period

Currentdollars

- 1 2 . 4- 1 6 . 2- 2 3 . 5

- 4 . 117.1

11.114.49.8

- 6 . 57.0

10.225.026.821.39.7

1.0- .610.611.1- .4

10.715.55.45.8.2

9.05.45.21.4

1987dollars

- 8 . 9- 7 . 7

- 1 3 . 3- 2 . 1

7.7

7.714.24.3

- 4 . 07.9

7.818.220.019.98.4

- 4 . 0- 2 0 . 6

- 1 . 53.8.4

8.79.94.33.7

-.7

5.62.01.9

- .5

Im-plicitpricedefla-tor

- 3 . 2- 9 . 1

- 1 1 . 8- 2 . 1

8.4

2.9.0

5.7- 2 . 7- .9

1.96.45.11.6.8

5.625.612.07.0

- .5

1.55.4.9

2.3.9

3.23.13.42.0

Constant (1987) dollars

Personalcon-

sumptionexpendi-

tures

554.5

520.0501.0456.6447.4461.1

487.6534.4554.6542.2568.7

595.2629.3628.7647.3671.2

714.6779.1793.3813.0831.4

874.3894.7923.4962.5987.3

1,047.01,078.71,104.41,122.2

Grossprivate

domesticinvest-ment

152.8

107.267.225.026.641.1

65.289.9

106.469.993.4

121.8149.481.453.559.8

82.6195.5198.8229.8187.4

256.4255.6231.6240.3234.1

284.8282.2266.9245.7

Netexports

1.9

- .3- 2 . 3- 2 . 4- 3 . 0- 1 . 0

- 7 . 2- 5 . 1- 1 . 9

4.24.6

8.22.8

-11 .1- 2 8 . 1- 2 9 . 0

- 2 3 . 926.541.916.617.3

3.211.12.3

- 7 . 1- 2 . 3

- 5 . 2- 1 . 2

1.6- 1 4 . 9

Gover-mentpur-

chases

112.6

122.0125.5120.5116.1131.4

135.7158.6152.2162.5174.0

180.7289.1586.0867.7968.0

829.4271.0218.8240.6269.3

284.5397.0467.6489.8454.7

441.7444.0465.3476.0

Disposablepersonalincome

Total

585.8

542.2519.7449.8437.0462.0

505.2565.9585.5547.6590.3

627.2713.9824.7863.8901.8

890.9860.0826.1872.9874.5

942.5978.2

1,009.71,053.51,071.5

1,130.81,185.21,214.61,236.0

Percapita(dol-lars)

4,807

4,4024,1863,6003,4773,652

3,9674,4154,5404,2134,505

4,7475,3526,1156,3176,516

6,3676,0835,7325,9535,862

6,2146,3406,4336,6036,598

6,8427,0467,0917,098

Savingas

percentofdispos-

ableperson-

alin-

come 1

3.0

2.52.1

- 3 . 1- 3 . 9- 1 . 1

2.34.44.0

- .32.4

3.810.723.124.525.0

19.28.53.05.83.7

5.97.37.27.06.2

5.77.17.27.4

Popula-tion

(thou-sands) 2

121,878

123,188124,149124,949125,690126,485

127,362128,181128,961129,969131,028

132,122133,402134,860136,739138,397

139,928141,389144,126146,631149,188

151,684154,287156,954159,565162,391

165,275168,221171,274174,141

1 Percents based on data in millions of dollars.2 Population of the United States including Armed Forces overseas; does not include data for Alaska and Hawaii.


O


erp1994 appendixes 2

Documents