ERP1990 Appendixes 3

Appendix CSTATISTICAL TABLES RELATING TO INCOME,

EMPLOYMENT, AND PRODUCTION

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


C O N T E N T S

NATIONAL INCOME OR EXPENDITURE:

C-l. Gross national product, 1929-89 294C-2. Gross national product in 1982 dollars, 1929-89 296C-3. Implicit price deflators for gross national product, 1929-89 298C-4. Fixed-weighted price indexes for gross national product, 1982

weights, 1959-89 300C-5. Changes in gross national product, personal consumption expend-

itures, and related price measures, 1933-89 301C-6. Gross national product by major type of product, 1929-89 302C-7. Gross national product by major type of product in 1982 dollars,

1929-89 303C-8. Gross national product by sector, 1929-89 304C-9. Gross national product by sector in 1982 dollars, 1929-89 305C-10. Gross national product by industry, 1947-88 306C-ll. Gross national product by industry in 1982 dollars, 1947-88 307C-12. Gross domestic product of nonfinancial corporate business, 1940-

89 308C-13. Output, costs, and profits of nonfinancial corporate business,

1948-89 309C-14. Personal consumption expenditures, 1940-89 310C-15. Personal consumption expenditures in 1982 dollars, 1940-89 311C-16. Gross and net private domestic investment, 1929-89 312C-17. Gross and net private domestic investment in 1982 dollars, 1929-

89 313C-18. Inventories and final sales of business, 1946-89 314C-19. Inventories and final sales of business in 1982 dollars, 1947-89 315C-20. Foreign transactions in the national income and product ac-

counts, 1929-89 316C-21. Exports and imports of goods and services in 1982 dollars, 1929-

89 317C-22. Relation of gross national product, net national product, and na-

tional income, 1929-89 318C-23. Relation of national income and personal income, 1929-89 319C-24. National income by type of income, 1929-89 320C-25. Sources of personal income, 1929-89 322C-26. Disposition of personal income, 1929-89 324C-27. Total and per capita disposable personal income and personal

consumption expenditures in current and 1982 dollars, 1929-89 325C-28. Gross saving and investment, 1929-89 326C-29. Saving by individuals, 1946-89 327C-30. Number and median income (in 1988 dollars) of families and per-

sons, and poverty status, by race, 1970-88 328

289Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

POPULATION, EMPLOYMENT, WAGES, AND PRODUCTIVITY:C-31. Population by age groups, 1929-89 329C-32. Population and the labor force, 1929-89 330C-33. Civilian employment and unemployment by sex and age, 1947-89 332C-34. Civilian employment by demographic characteristic, 1954-89 333C-35. Unemployment by demographic characteristic, 1954-89 334C-36. Labor force participation rate and employment/population ratio,

1948-89 335C-37. Civilian labor force participation rate by demographic character-

istic, 1954-89 336C-38. Civilian employment/population ratio by demographic character-

istic, 1954-89 337C-39. Unemployment rate, 1948-89 338C-40. Civilian unemployment rate by demographic characteristic,

1948-89 339C-41. Unemployment by duration and reason, 1947-89 340C-42. Unemployment insurance programs, selected data, 1955-89 341C-43. Employees on nonagricultural payrolls, by major industry, 1946-

89 342C-44. Average weekly hours and hourly and weekly earnings in pri-

vate nonagricultural industries, 1947-89 344C-45. Employment cost index, private industry, 1975-89 345C-46. Productivity and related data, business sector, 1947-89 346C-47. Changes in productivity and related data, business sector, 1948-

89 347

PRODUCTION AND BUSINESS ACTIVITY:C-48. Industrial production indexes, major industry divisions, 1939-89 .. 348C-49. Industrial production indexes, market groupings, 1947-89 349C-50. Industrial production indexes, selected manufactures, 1947-89 350C-51. Capacity utilization rates, 1948-89 351C-52. New construction activity, 1929-89 352C-53. New housing units started and authorized, 1959-89 354C-54. Business expenditures for new plant and equipment, 1947-90 355C-55. Manufacturing and trade sales and inventories, 1948-89 356C-56. Manufacturers'shipments and inventories, 1947-89 357C-57. Manufacturers' new and unfilled orders, 1947-89 358

PRICES:C-58. Consumer price indexes, major expenditure classes, 1946-89 359C-59. Consumer price indexes, selected expenditure classes, 1946-89 360C-60. Consumer price indexes, commodities, services, and special

groups, 1946-89 362C-61. Changes in special consumer price indexes, 1958-89 363C-62. Changes in consumer price indexes, commodities and services,

1929-89 364C-63. Producer price indexes by stage of processing, 1947-89 365C-64. Producer price indexes by stage of processing, special groups,

1974-89 367C-65. Producer price indexes for major commodity groups, 1947-89 368C-66. Changes in producer price indexes for finished goods, 1955-89 370


MONEY STOCK, CREDIT, AND FINANCE:C-67. Money stock, liquid assets, and debt measures, 1959-89 371C-68. Components of money stock measures and liquid assets, 1959-89.. 372C-69. Aggregate reserves of depository institutions and monetary base,

1959-89 374C-70. Commercial bank loans and securities, 1972-89 375C-71. Bond yields and interest rates, 1929-89 376C-72. Total funds raised in credit markets by nonfinancial sectors,

1980-89 378C-73. Mortgage debt outstanding by type of property and of financing,

1939-89 380C-74. Mortgage debt outstanding by holder, 1939-89 381C-75. Consumer credit outstanding, 1950-89 382

GOVERNMENT FINANCE:C-76. Federal receipts, outlays, surplus or deficit, and debt, selected

fiscal years, 1929-91 383C-77. Federal receipts, outlays, and debt, fiscal years 1981-91 384C-78. Relation of Federal Government receipts and expenditures in the

national income and product accounts to the budget, fiscalyears 1989-91 386

C-79. Federal and State and local government receipts and expendi-tures, national income and product accounts, 1929-89 387

C-80. Federal and State and local government receipts and expendi-tures, national income and product accounts, by major type,1940-89 388

C-81. Federal Government receipts and expenditures, national incomeand product accounts, 1968-91 389

C-82. State and local government receipts and expenditures, nationalincome and product accounts, 1946-89 390

C-83. State and local government revenues and expenditures, selectedfiscal years, 1927-88 391

C-84. Interest-bearing public debt securities by kind of obligation,1967-89 392

C-85. Maturity distribution and average length of marketable interest-bearing public debt securities held by private investors, 1967-89 393

C-86. Estimated ownership of public debt securities by private inves-tors, 1976-89 394

CORPORATE PROFITS AND FINANCE:C-87. Corporate profits with inventory valuation and capital consump-

tion adjustments, 1929-89 395C-88. Corporate profits by industry, 1929-89 396C-89. Corporate profits of manufacturing industries, 1929-89 397C-90. Sales, profits, and stockholders' equity, all manufacturing corpo-

rations, 1950-89 398C-91. Relation of profits after taxes to stockholders' equity and to

sales, all manufacturing corporations, 1947-89 399C-92. Sources and uses of funds, nonfarm nonfinancial corporate busi-

ness, 1946-89 400C-93. Common stock prices and yields, 1949-89 401C-94. Business formation and business failures, 1945-89 402


AGRICULTURE:C-95. Farm income, 1929-89 403C-96. Farm output and productivity indexes, 1947-89 404C-97. Farm input use, selected inputs, 1947-88 405C-98. Indexes of prices received and prices paid by farmers, 1948-89 406C-99. U.S. exports and imports of agricultural commodities, 1940-89 407C-100. Balance sheet of the farm sector, 1939-89 408

INTERNATIONAL STATISTICS:C-101. International investment position of the United States at year-

end, 1981-88 409C-102. U.S. international transactions, 1946-89 410C-103. U.S. merchandise exports and imports by principal end-use cate-

gory, 1965-89 412C-104. U.S. merchandise exports and imports by area, 1980-89 413C-105. U.S. merchandise exports, imports, and trade balance, 1970-89 414C-106. International reserves, selected years, 1952-89 415C-107. Industrial production and consumer prices, major industrial

countries, 1962-89 416C-108. Civilian unemployment rate, and hourly compensation, major in-

dustrial countries, 1960-89 417C-109. Foreign exchange rates, 1967-89 418C-110. Growth rates in real gross national product, 1961-89 419


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:

Preliminary.Not available (also, not applicable).

Data in these tables reflect revisions made by the source agencies fromJanuary 1989 through January 1990.


NATIONAL INCOME OR EXPENDITURE

TABLE C-l.—Gross national product, 1929-89

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

Year or quarter

192919331939194019411942194319441945194619471948194919501951195219531954

-195519561957 . . . .19581959I9601961196219631964

-19651966196719681969

19701971197219731974 ',.'.

"19751976197719781979

-1980198119821983198419851986 ! '".198719881989 f1982: IV1983- IV1984: IV1985- IV1986: IV1987: 1

||IllIV

1988: 1II ....IllIV

1989: 1||IllIV

Grossnationalproduct

103.956.091.3

100.4125.5159.0192.7211.4213.4212.4235.2261.6260.4288.3333.4351.6371.6372.5405.9428.2451.0456.8495.8515.3533.8574.6606.9649.8705.1772.0816.4892.7963.9

1,015.51,102.71,212.81,359.31,472.81,598.41,782.81,990.52,249.72,508.22,732.03,052.63,166.03,405.73,772.24,014.94,231.64,524.34,880.65,233.23,212.53,545.83,851.84,107.94,297.34,388.84,475.94,566.64,665.8

' 4,739.84,838.54,926.95,017.35,113.15,201.75,281.05,337.0

Personal consumption expenditures

Total

77.345.867.071.080.888.699.5

108.2119.6143.9161.9174.9178.3192.1208.1219.1232.6239.8257.9270.6285.3294.6316.3330.7341.1361.9381.7409.3440.7477.3503.6552.5597.9640.0691.6757.6837.2916.5

1,012.81,129.31,257.21,403.51,566.81,732.61,915.12,050.72,234.52,430.52,629.02,797.43.010,83,235.13,470.32,117.02,315.82,493.42,700.42,868.52,914.72,989.43,055.93,083.33,148.13,204.93,263.43,324.03,381.43,444.13,508.13,547.5

Durablegoods

9.23.56.77.89.76.96.56.78.0

15.820.422.925.030.829.929.332.732.138.938.239.737.242.843.541.947.051.856.863.568.570.681.086.285.797.6

111.2124.7123.8135.4161.5184.5205.6219.0219.3239.9252.7289.1335.5372.2406.0421.0455.2473.6263.8310.0346.7373.2422.0401.2419.2439.3424.5446.4454.6452.5467.4466.4471.0486.1471.0

Non-durablegoods

37.722.335.137.042.950.858.664.371.982.790.996.694.998.2

109.2114.7117.8119.7124.7130.8137.1141.7148.5153.2157.4163.8169.4179.7191.9208.5216.9235.0252.2270.3283.3305.1339.6380.9416.2452.0490.4541.8613.2681.4740.6771.0816.7867.3911.2942.0998.1

1,052.31,122.6

786.6837.9879.6932.7952.1976.4994.3

1,006.01,015.41,022.21,042.41,066.21,078.41,098.31,121.51,131.41,139.1

Services

30.420.125.226.228.331.034.337.239.745.450.655.558.463.269.075.182.188.094.3

101.6108.5115.7125.0134.0141.8151.1160.6172.8185.4200.3216.0236.4259.4284.0310.7341.3373.0411.9461.2515.9582.3656.1734.6831.9934.7

1,027.01,128.71,227.61,345.61,449.51,591.71,727.61,874.11,066.51,167.91,267.11,394.51,494.41,537.11,575.81,610.61,643.31,679.51,707.91,744.71,778.21,816.71,851.71,890.61,937.5

Gross private domestic investment

Total

16.71.69.5

13.418.310.36.27.7

11.331.535.047.136.555.160.553.554.954.169.772.771.163.680.278.277.187.693.199.6

116.2128.6125.7137.0153.2148.8172.5202.0238.8240.8219.6277.7344.1416.8454.8437.0515.5447.3502.3664.8643.1659.4699.9750.3777.1409.6579.8661.8654.1648.8673.1684.1692.8749.7728.8748.4771.1752.8769.6775.0779.1784.8

Fixed investment

Total

14.93.19.1

11.213.88.56.98.7

12.325.135.542.439.548.350.250.554.555.764.068.069.765.174.475.174.781.587.394.2

106.2114.4115.4129.1143.4145.7164.7191.5219.2225.4225.2261.7322.8388.2441.9445.3491.5471.8509.4597.1631.8652.5670.6719.6747.7469.5548.8616.8646.8660.9647.7665.3683.2686.3698.7719.1726.5734.1742.0747.6751.7749.6

Nonresidential

Total

11.02.56.17.79.76.35.47.4

10.617.323.526.824.927.831.831.935.134.739.044.547.542.446.348.848.352.555.261.473.183.584.491.4

102.3105.2109.6123.0145.9160.6162.9180.0214.2259.0302.8322.8369.2366.7356.9416.0442.9435.2444.3487.2512.5354.9383.9435.0451.3435.8423.9437.5457.0458.6472.7487.1493.2495.8503.1512.5519.6514.8

Struc-tures

5.51.12.22.63.32.21.82.43.37.48.19.59.2

10.011.912.213.613.915.218.218.917.518.019.219.420.520.822.727.430.530.732.937.139.240.944.551.457.056.360.166.781.099.5

113.9138.5143.3124.0141.1153.2139.0133.8140.3145.1137.6127.4146.6155.9133.7129.4129.5137.3138.9137.1139.9142.0142.5144.7142.4146.2147.1

Pro-ducers'durableequip-ment

5.51.43.95.26.44.13.75.07.39.9

15.317.315.717.819.919.721.520.823.926.328.624.928.329.728.932.134.438.745.853.053.758.565.266.168.778.594.5

103.6106.6119.9147.4178.0203.3208.9230.7223.4232.8274.9289.7296.2310.5346.8367.4217.3256.5288.4295.5302.2294.5308.0319.8319.7335.6347.2351.3353.3358.5370.1373.4367.7

Resi-dential

4.0.6

3.03.54.12.21.41.41.77.8

12.115.614.620.518.418.619.421.125.023.522.222.728.126.326.429.032.132.833.130.931.137.741.240.555.168.673.364.862.381.7

108.6129.2139.1122.5122.3105.1152.5181.1188.8217.3226.4232.4235.2114.7164.9181.8195.5225.1223.8227.9226.2227.7226.1232.1233.2238.4238.8235.1232.1234.8

Changein

busi-ness

inven-tories

1.7-1.6

.42.24.51.8

-.6-1.0

106.4

4.7-3.1

6.810.23.1

.4-1.6

5.74.61.4

-1.55.83.12.46.15.85.49.9

14.210.37.99.83.17.8

10.519.615.4

-5.616.021.328.613.0

-8.324.0

-24.5-7.167.711.36.9

29.330.629.4

-59.931.045.0

7.2-12.2

25.418.89.5

63.330.029.344.618.727.727.427.435.2

See next page for continuation of table.


TABLE C-l.—Gross national product, 1929-89—Continued


Year orquarter

19291933193919401941194219431944194519461947194819491950195119521953195419551956 .195719581959196019611962196319641965196619671968196919701971..197219731974197519761977197819791980198119821983198419851986198719881989 *1982: IV1983: IV1984: IV1985: IV1986: IV1987: 1

IIIIIIV

1988: 1IIIllIV

1989: 1IIIllIV

Net exports of goods andservices

Netexports

1.1.4

1.21.81.5.2

-1.9-1.7

7s11.97.06.52.24.53.21.32.63.05.37.33.31.55.97.26.98.2

10.99.77.57.45.55.68.56.33.2

16.816.331.118.81.94.1

18.832.133.926.3

-6.1-58.9-78.0-97.4

-112.6-73.7-50.9

14.1-25.8-67.9

-103.2-108.9-106.0-114.4-115.3-114.6-82.8-74.9-66.2-70.8-54.0-50.6-45.1-53.8

Exports

7.12.44.65.46.15.04.65.57.4

15.220.317.516.414.519.819.218.118.821.125.228.224.425.029.931.133.135.740.542.946.649.554.860.468.972.481.4

114.1151.5161.3177.7191.6227.5291.2351.0382.8361.9352.5383.5370.9396.5448.6547.7624.4335.9364.7385.7369.2402.4416.5437.4458.0482.6521.6532.5556.8579.7605.6626.1628.5637.3

Imports

5.92.13.43.74.74.86.57.27.97.38.3

10.69.8

12.315.316.016.816.318.119.920.921.123.524.023.926.227.529.633.239.142.149.354.760.566.178.297.3

135.2130.3158.9189.7223.4272.5318.9348.9335.6358.7442.4448.9493.8561.2621.3675.2321.9390.5453.6472.4511.3522.5551.8573.4597.2604.3607.5623.0650.5659.6676.6673.6691.1

Government purchases of goods andservices

Total

8.98.3

13.614.225.059.988.997.183.029.126.432.639.038.860.475.882.876.075.379.787.395.497.9

100.6108.4118.2123.8130.0138.6158.6179.7197.7207.3218.2232.4250.0266.5299.1335.0356.9387.3425.2467.8530.3588.1641.7675.0735.9820.8872.2926.1968.9

1,036.7671.8676.1764.5856.7888.9906.9916.8933.2947.5945.7960.1958.6

1,011.41,016.01,033.21,038.91,058.6

Federal

Total

1.52.25.26.1

17.052.081.489.474.819.213.617.321.119.138.652.757.948.444.946.450.554.554.654.458.264.665.766.468.780.492.7

100.1100.098.899.8

105.8106.4116.2129.2136.3151.1161.8178.0208.1242.2272.7283.5310.5355.2366.5381.6381.3404.1293.2276.1326.0376.6368.8375.6378.2384.5388.1374.1377.1367.5406.4399.0406.0402.7408.8

Nation-al

defense

1.32.3

13.849.479.887.573.716.410.011.313.914.333.846.249.041.639.040.744.646.346.445.347.952.151.550.451.062.073.479.178.976.874.177.477.582.689.693.4

100.9108.9121.9142.7167.5193.8214.4234.3259.1277.8294.8298.0302.8205.4221.5244.1268.6280.7288.0294.0300.2296.8297.4298.0296.1300.5298.7301.3307.8303.4

Non-de-

fense

3.93.93.22.61.62.01.12.83.66.07.24.74.86.58.96.86.05.75.98.38.29.2

10.212.614.216.017.718.319.321.021.122.025.828.428.933.639.642.950.352.956.165.474.878.969.176.296.088.786.883.3

-101.387.754.681.9

108.088.187.584.284.391.376.779.171.4

105.9100.4104.794.9

105.4

Stateandlocal

7.46.18.38.18.07.87.57.68.29.9

12.815.318.019.821.823.124.827.730.333.336.940.843.346.150.253.558.163.569.978.287.097.6

107.2119.4132.5144.2160.1.182.9205.9220.6236.2263.4289.9322.2345.9369.0391.5425.3465.6505.7544.5587.6632.5378.7400.0438.5480.1520.1531.4538.6548.7559.4571.6583.0591.0604.9617.0627.2636.2649.8

Finalsales

102.257.690.998.3

121.0157.2193.4212.3214.4206.0235.7256.9263.4281.4323.2348.6371.1374.1400.2423.6449.6458.3490.0512.3531.4568.5601.1644.4695.2757.8806.1884.8954.1

1,012.31,094.91,202.31,339.71,457.41,604.11,766.81,969.22,221.02,495.22,740.33,028.63,190.53,412.83,704.54,003.64,224.84,495.04,850.05,203.83,272.43,514.83,806.84,100.74,309.44,363,44,457.14,557.14,602.54,709.84,809.24,882.34,998.75,085.45,174.35,253.65,301.8

Grossdomestic

chases »

102.855.790.198.7

124.1158.8194.6213.0213.9204.5223.3254.7253.8286.0329.0348.4370.3370.0402.9422.9443.7453.5494.3509.4526.6567.7598.7638.9695.4764.5809.0887.2958.3

1,007.01,096.41,209.61,342.51,456.51,567.41,764.01,988.62,245.62,489.42,699.83,018.73,139.73,411.83,831.14,092.84,329.04,636.84,954.35,284.13,198.53,571.63,919.74,211.24,406.24,494.84,590.34,681.94,780.44,822.54,913.44,993.15,088.15,167.15,252.35,326.15,390.9

Percent change frompreceding period

Grossnation-

alprod-uct

-4.27.0

10.025.026.621.29.7

.9

ibis11.2

10.715.75.55.7

9iO5.55.31.38.53.93.67.65.67.18.59.55.89.38.05.48.6

10.012.18.38.5

11.511.713.011.58.9

11.73.77.6

10.86.45.46.97.97.24.2

12.44.76.24.28.88.28.49.06.58.67.57.57.97.16.24.3

Finalsales

-5.55.48.1

23.229.923.09.81.0

-3.914.49.02.56.8

14.87.96.5

.87.05.86.11.96.94.63.77.05.77.27.99.06.49.87.86.18.29.8

11.48.8

10.110.111.512.812.39.8

10.55.37.08.58.15.56.47.97.3

11.07.87.05.54.75.18.99.34.09.78.76.29.97.17.26.33.7

Grossdomestic

pur-chases »

-4.27.39.5

25.728.022.69.5

.4-4.4

9.214.0-.312.715.05.96.3

~8l95.04.92.29.03.13.47.85.56.78.89.95.89.78.05.18.9

10.311.08.57.6

12.512.712.910.98.5

11.84.08.7

12.36.85.87.16.86.74.3

13.15.58.34.98.38.88.28.73.67.86.67.86.46.85.75.0

1 Gross national product (GNP) less exports of goods and services plus imports of goods and services.Source: Department of Commerce, Bureau of Economic Analysis.


TABLE C-2.—Gross national product in 1982 dollars, 1929-89

[Billions of 1982 dollars, except as noted; quarterly data at seasonally adjusted annual rates]

Year orquarter

19291933. .1939194019411942 '.'.".194319441945.19461947194819491950195119521953195419551956195719581959I960196119621963..1964 '.".'."19651966196719681969197019711972197319741975....197619771978197919801981198219831984....1985 '.'.I".1986198719881989 »1982: IV1983: IV1984: IV1985: IV1986: IV1987: 1

||IllIV

1988: 1IIIllIV

1989: 1III I I .IV >


709.6498.5716.6772.9909.4

1,080.31,276.21,380.61,354.81,096.91,066.7

~UQBJ1,109.01,203.71,328.21,380.01,435.31,416.21,494.91,525.61,551.11,539.21,629.11,665.31,708.71,799.41,873.31,973.32,087.62,208.32,271.42,365.62,423.32,416.22,484.82,608.52,744.12,729.32,695.02,826.72,958.63,115.23,192.43,187.13,248.83,166.03,279.13,501.43,618.73,717.93,853.74,024.44,142.63,159.33,365.13,535.23,662.43,733.63,783.03,823.53,872.83,935.63,974.84,010.74,042.74,069.44,106.84,132.54,162.94,168.1

Personal consumptionexpenditures

Total

471.4378.7480.5502.6531.1527.6539.9557.1592.7655.0666.6681.8695.4733.2748.7771.4802.5822.7873.8899.8919.7932.9979.4

1,005.11,025.21,069.01,108.41,170.61,236.41,298.91,337.71,405.91,456.71,492.01,538.81,621.91,689.61,674.01,711.91,803.91,883.81,961.02,004.42,000.42,024.22,050.72,146.02,249.32,354.82,446.42,513.72,598.42,668.52,078.72,191.92,281.12,386.92,477.82,478.32,507.72,536.52,532.32,570.82,586.82,608.12,627.72,641.02,653.72,690.12,689.3

Durablegoods

40.320.735.740.646.231.328.126.328.747.856.561.767.880.774.773.080.281.596.992.892.486.996.998.093.6

103.0111.8120.8134.6144.4146.2161.6167.8162.5178.3200.4220.3204.9205.6232.3253.9267.4266.5245.9250.8252.7283.1323.1355.1384.4389.6413.6425.6262.0300.5333.1356.4397.5376.1389.3403.8389.4408.4414.8410.7420.5419.3424.9436.4421.6

Non-durablegoods

211.4181.8248.0259.4275.6279.1284.7297.9323.5344.2337.4338.7342.3352.8362.9376.6388.2393.8413.2426.9434.7439.9455.8463.3470.1484.2494.3517.5543.2569.3579.2602.4617.2632.5640.3665.5683.2666.1676.5708.8731.4753.7766.6762.6764.4771.0800.2825.9847.4878.1890.4904.5915.7778.6812.7831.2858.3883.5887.7889.0891.8892.9896.6899.2910.3912.0915.0909.7920.8917.5

Services

219.7176.2196.7202.7209.3217.2227.2232.9240.5262.9272.6281.4285.3299.8311.1321.9334.1347.4363.6380.1392.6406.1426.7443.9461.4481.8502.3532.3558.5585.3612.3641.8671.7697.0720.2756.0786.1803.1829.8862.8898.5939.8971.2991.9

1,009.01,027.01,062.71,100.31,152.31,183.81,233.71,280.21,327.21,038.11,078.61,116.81,172.21,196.81,214.51,229.51,240.91,250.01,265.91,272.81,287.01,295.21,306.71,319.01,332.91,350.3

Gross private domestic investment

Total

139.222.786.0

111.8138.876.750.456.476.5

178.1177.9208.2168.8234.9235.2211.8216.6212.6259.8257.8243.4221.4270.3260.5259.1288.6307.1325.9367.0390.5374.4391.8410.3381.5419.3465.4520.8481.3383.3453.5521.3576.9575.2509.3545.5447.3504.0658.4637.0639.6674.0715.8724.5408.8577.2655.7648.0615.2646.3656.7671.7721.1707.0713.5733.6709.1721.1719.8724.6732.7

Fixed investment

Total

128.433.582.197.4

111.164.749.761.684.9

150.2178.9196.0178.4210.8204.3201.8213.8217.3243.5244.9240.4224.8253.8252.7251.8272.4290.5310.2341.8353.7345.6370.7385.1373.3399.7443.7480.8448.0396.1431.4492.2540.2560.2516.2521.7471.8510.4596.1627.9634.1650.3687.9700.0468.1550.3614.0640.4636.0628.2643.4664.9664.6672.7692.0696.1690.8696.6700.7702.7700.1

Nonresidential

Total

93.025.853.265.076.647.439.452.674.2

105.5121.7127.4114.8124.0131.7130.6140.1137.5151.0160.4161.1143.9153.6159.4158.2170.2176.6194.9227.6250.4245.0254.5269.7264.0258.4277.0317.3317.8281.2290.6324.0362.1389.4379.2395.2366.7361.2425.2453.5438.4455.5493.8511.1352.3390.4444.4460.9435.7430.9445.6472.8472.7483.6497.8501.0492.7501.0511.4517.9514.0

Struc-tures

54.714.325.228.533.420.915.620.427.050.947.550.549.352.856.557.362.364.969.475.575.270.671.976.177.781.381.687.9

101.8108.0105.4108.0112.9111.1107.3109.5117.7115.2102.8104.4108.3119.3130.6136.2148.8143.3127.2143.8149.5130.1122.3122.2120.1138.3131.6147.1149.9123.4120.1117.7125.5125.7121.8122.5123.0121.4121.1118.1120.4120.8


38.411.528.036.543.226.523.832.147.254.774.276.965.571.275.273.377.772.781.784.985.973.381.783.380.588.995.1

107.0125.8142.4139.6146.5156.8152.9151.0167.5199.6202.7178.4186.2215.7242.8258.8243.0246.4223.4233.9281.4304.0308.3333.2371.6391.0214.1258.8297.3311.1312.3310.7327.9347.3347.0361.8375.3378.0371.3379.9393.2397.6393.3

Resi-dential

35.47.7

28.932.534.417.310.49.0

10.744.757.268.663.686.772.671.273.879.892.484.479.381.0

100.293.393.6

102.2113.9115.3114.2103.2100.6116.2115.4109.3141.3166.6163.4130.2114.9140.8168.1178.0170.8137.0126.5105.1149.3170.9174.4195.7194.8194.1188.9115.8159.9169.6179.4200.3197.3197.8192.1191.9189.1194.2195.1198.1195.6189.3184.8186.0

Changein

busi-ness

inven-tories

10.8-10.7

3.914.427.812.0

-5'.2-8.427.9

-1.012.3

-9.724.230.810.02.8

-4.816.312.93.0

-3.416.57.77.3

16.216.615.725.236.928.821.025.18.2

19.621.840.033.3

-12.822.129.136.815.0

-6.923.9

-24.564

62.39.15.6

23.727.924.5

-59.327.041.7

7.7-20.8

18.113.36.8

56.634.321.537.518.324.519.121.932.6



TABLE C-2.—Gross-national product in 1982 dollars, 1929-89—Continued

[Billions of 1982 dollars, except as noted; quarterly data at seasonally adjusted annual rates]

Year orquarter

19291933193919401941194219431944194519461947194819491950195119521953195419551956195719581959I96019611962 . .196319641965196619671968196919701971197219731974 !1975197619771978197919801981198219831984 !..I1985 .::.1986198719881989 >.1982: IV1983: IV1984: IV1985: IV1986: IV1987:1

IIIllIV

1988:1IIIllIV

1989:1||IllIV

Net exports of goods andservices

Netexports

4.7-1.4

6.18.23.9

-7.7230

-23.818927.042.419.218.84.7

14.66.9

-2.72.5

.04.37.0

103-18.2-4.0

2.7-7.5-1.9

5.9-2.7

-13.7-16.9-29.7-34.9-30.0-39.8-49.4-31.5

.818.9

-11.0-35.5-26.8

3.657.049.426.3

-19.9-84.0

-104.3-129.7-115.7-74.9-56.3

11.7-46.2-94.8

-125.3-135.4-118.2-115.9-118.9-109.8-78.2-72.6-74.9-73.8-55.0-51.2-57.1-61.8

Exports

42.122.736.240.042.029.125.127.335.269.082.366.265.059.272.070.166.970.076.987.994.982.483.798.4

100.7106.9114.7128.8132.0138.4143.6155.7165.0178.3179.2195.2242.3269.1259.7274.4281.6312.6356.8388.9392.7361.9348.1371.8367.2397.1450.9530.1587.6336.0355.5376.6367.4406.5418.7430.5461.3484.1517.4519.7531.9551.4569.7587.5593.1600.2

Imports

37.424.230.131.738.236.948.051.154.142.039.947.146.254.657.463.369.767.576.983.687.992.8

101.9102.4103.3114.4116.6122.8134.7152.1160.5185.3199.9208.3218.9244.6273.8268.4240.8285.4317.1339.4353.2332.0343.4335.6368.1455.8471.4526.9566.6605.0643.9324.3401.6471.4492.6541.9536.9555.4580.2593.9595.6592.3606.9625.2624.6638.7650.2662.0

Government purchases of goods andservices

Total

94.298.5

144.1150.2235.6483.7708.9790.8704.5236.9179.8199.5226.0230.8329.7389.9419.0378.4361.3363.7381.1395.3397.7403.7427.1449.4459.8470.8487.0532.6576.2597.6591.2572.6566.5570.7565.3573.2580.9580.3589.1604.1609.1620.5629.7641.7649.0677.7731.2761.6781.8785.1805.8660.1642.2693.2752.7776.0776.6774.9783.5792.1775.1783.0775.9806.4799.7810.3805.3807.9

Federal

Total

18.327.053.863.6

153.0407.1638.1722.5634.0159.391.9

106.1119.5116.7214.4272.7295.9245.0217.9215.4224.1224.9221.5220.6232.9249.3247.8244.2244.4273.8304.4309.6295.6268.3250.6246.0230.0226.4226.3224.2231.8233.7236.2246.9259.6272.7275.1290.8326.0334.1339.6328.9337.2289.5266.0300.5340.6342.4338.1334.7340.7344.9323.8327.9319.8343.9335.5343.6336.1333.6

Nation-al

de-fense

in:

185.3171.0163.3161.1157.5159.2160.7164.3171.2180.3193.8206.9218.5237.2252.1265.2261.5256.2201.4211.6225.3241.4255.8259.0264.6270.6266.7263.0262.5258.8261.6254.4255.8260.1254.7

Non-de-

fense

"III

60.759.163.165.266.872.773.071.975.779.378.968.272.388.882.074.467.481.088.254.475.299.286.679.170.170.178.260.865.461.082.381.187.876.079.0

Stateandlocal

75.971.590.386.682.676.770.868.370.577.687.993.4

106.5114.2115.4117.3123.1133.4143.4148.3157.0170.4176.2183.1194.2200.1212.0226.6242.5258.8271.8288.0295.6304.3315.9324.7335.3346.8354.6356.0357.2370.4373.0373.6370.1369.0373.9387.0405.2427.5442.1456.2468.6370.6376.2392.7412.1433.6438.5440.1442.8447.2451.3455.1456.1462.5464.2466.7469.2474.2

Finalsales

698.7509.2712.7758.5881.6

1,068.31,275.51,385.71,363.31,069.01,067.71,096.41,118.71,179.51,297.41,370.01,432.51,421.01,478.61,512.71,548.11,542.61,612.61,657.51,701.41,783.31,856.71,957.62,062.42,171.52,242.62,344.62,398.12,407.92,465.22,586.82,704.12,696.02,707.82,804.62,929.53,078.43,177.43,194.03,225.03,190.53,285.53,439.13,609.63,712.43,830.03,996.54,118.13,218.63,338.13,493.53,654.73,754.43,764.93,810.13,866.03,879.03,940.53,989.24,005.24,051.04,082.34,113.54,141.04,135.5

Grossdomestic

pur-chases l

704.9499.9710.5764.6905.5

1,088.01,299.21,404.31,373.71,069.91,024.31,089.51,090.21,199.01,313.61,373.11,438.01,413.71,494.91,521.31,544.21,549.61,647.31,669.31,711.31,807.01,875.31,967.32,090.32,222.12,288.32,395.32,458.12,446.22,524.62,658.02,775.72,728.52,676.12,837.72,994.13,142.03,188.83,130.13,199.43,139.73,299.13,585.43,723.03,847.63,969.44,099.34,198.93,147.63,411.33,630.03,787.63,869.03,901.23,939.33,991.74,045.54,052.94,083.34,117.64,143.24,161.84,183.74,220.04,229.9

Percent change frompreceding period

Grossnation-

alprod-uct

217.97.8

17.718.818.18.2

-1.9-19.0-2.8

3.9.0

8.510.33.94.0

-1.35.62.11.7

-.85.82.22.65.34.15.35.85.82.94.12.4-.32.85.05.2-.5

-1.34.94.75.32.5-.21.9

-2.53.66.83.42.73.74.42.9

.67.31.73.02.35.44.45.36.64.03.73.22.73.72.53.0.5

Finalsales

316.36.4

16.221.219.48.6

-1.6-21.6

~2>2.05.4

10.05.64.6-.84.12.32.3

-.44.52.82.64.84.15.45.45.33.34.52.3.4

2.44.94.5-.3

.43.64.55.13.2

LO-1.1

3.04.75.02.83.24.33.07.13.84.01.63.91.14.96.01.46.55.01.64.73.13.12.7-.5

Grossdomestic

pur-chases *

-1.97.97.6

18.420.119.48.1

-2.2-22.1-4.3

6.4.1

10.09.64.54.7

-1.75.71.81.5.4

6.31.32.55.63.84.96.36.33.04.72.6

~3.25.34.4

-1.7-1.9

6.05.54.91.5

-1.82.2

-1.95.18.73.83.33.23.32.4.6

8.62.74.81.53.44.05.45.5

.73.03.42.51.82.13.5.9

1GNP less exports of goods and services plus imports of goods and services.Source: Department of Commerce, Bureau of Economic Analysis.


TABLE C-3.—Implicit price deflators for gross national product, 1929-89

[Index numbers, 1982=100, except as noted; quarterly data seasonally adjusted]

Year or quarter

1929193319391940194119421943 ..19441945194619471948194919501951195219531954195519561957195819591960196119621963 .19641965. ..196619671968 ....196919701971 ..1972197319741975197619771978197919801981198219831984 ....19851986 ...198719881989 *1982- IV1983: IV1984- IV1985: IV1986- IV1987- 1

IIIllIV

1988- 1III l lIV

1989:1||IllIV P


14.611.212.713.013.814.715.115.315.719.422.123At3.523.925.125.525.926.327.228.129.129.730.430.931.231.932.432.933.835.035.937.739.842.044.446.549.554.059.363.167.372.278.685.794.0

100.0103.9107.7110.9113.8117.4121.3

126.3101.7105.4109.0112.2115.1116.0117.1117.9118.6119.2120.6121.9123.3124.5125.9126.9128.0

Personal consumptionexpenditures

Total

16.412.113.914.115.216.818.419.420.222.024.325.725.626.227.828.429.029.129.530.131.031.632.332.933.333.934.435.035.636.737.639.341.042.944.946.749.654.859.262.666.771.678.286.694.6

100.0104.1108.1111.6114.3119.8124.5130.0101.8105.7109.3113.1115.8117.6119.2120.5121.8122.5123.9125.1126.5128.0129.8130.4131.9

Durablegoods

22.916.818.719.220.922.023.325.427.733.036.137.136.938.140.040.140.839.440.141.242.942.844.244.444.845.746.347.047.147.548.350.151.452.754.755.556.660.465.969.572.776.982.189.295.7

100.0102.1103.8104.8105.6108.1110.1111.3100.7103.1104.1104.7106.2106.7107.7108.8109.0109.3109.6110.2111.2111.2110.8111.4111.7

Non-durablegoods

17.812.214.214.315.518.220.621.622.224.026.928.527.727.830.130.530.430.430.230.631.532.232.633.133.533.834.334.735.336.637.539.040.942.744.245.849.757.261.563.867.171.980.089.496.9

100.0102.1105.0107.5107.3112.1116.3122.6101.0103.1105.8108.7107.8110.0111.8112.8113.7114.0115.9117.1118.2120.0123.3122.9124.2

Services

13.811.412.812.913.514.315.116.016.517.318.619.720.521.122.223.324.625.325.926.727.628.529.330.230.731.432.032.533.234.235.336.838.640.743.145.147.451.355.659.864.869.875.683.992.6

100.0106.2111.6116.8122.4129.0134.9141.2102.7108.3113.5119.0124.9126.6128.2129.8131.5132.7134.2135.6137.3139.0140.4141.8143.5

Gross private domestic investment *

Fixed investment

Total

11.69.4

11.111.512.413.213.814.214.516.719.821.722.222.924.625.025.525.626.327.829.028.929.329.729.729.930.130.431.132.433.434.837.239.041.243.245.650.356.960.765.671.978.986.394.2

100.099.8

100.2100.6102.9103.1104.6106.8100.399.7

100.5101.0103.9103.1103.4102.8103.3103.9103.9104.4106.3106.5106.7107.0107.1

Nonresidential

Total

11.89.8

11.511.912.713.313.814.014.316.419.321.021.722.424.224.425.125.225.827.729.529.530.230.630.530.931.331.532.133.334.435.937.939.942.444.446.050.557.961.966.171.577.885.193.4

100.098.897.997.799.397.598.7

100.3100.798.397.997.9

100.098.498.296.797.097.797.898.4

100.6100.4100.2100.3100.1

Struc-tures

10.07.68.89.09.7

10.711.411.612.314.517.118.918.618.821.121.321.821.421.824.125.224.825.025.225.025.225.525.926.928.229.130.432.935.238.140.643.749.554.757.661.667.976.283.693.1

100.097.598.2

102.5106.9109.4114.9120.899.596.899.6

104.0108.3107.7110.0109.3110.5112.6114.2115.4117.3119.5120.6121.5121.8

Pro-ducers'

dur-able

equip-ment

14.312.513.914.214.915.315.415.615.418.220.722.524.025.026.426.927.728.629.331.033.334.034.735.635.936.136.236.236.437.238.439.941.543.245.546.847.351.159.764.468.373.378.686.093.7

100.099.597.795.396.193.293.394.0

101.599.197.095.096.894.893.992.192.192.792.592.995.294.494.193.993.5

Residen-tial

11.28.1

10.510.911.912.813.814.915.817.521.122.823.023.725.426.126.326.427.027.928.028.028.028.228.228.328.228.529.029.930.932.535.637.039.041.244.849.854.258.064.672.681.489.496.6

100.0102.2106.0108.3111.1116.2119.7124.599.1

103.1107.2109.0112.4113.4115.2117.8118.7119.5119.5119.6120.4122.1124.2125.6126.2

1 Separate deflators are not calculated for gross private domestic investment, change in business inventories, and net exports ofgoods and services.



TABLE C-3.—Implicit price deflators for gross national product, 1929-89—Continued


Year or quarter

19291933193919401941194219431944.. .1945194619471948194919501951195219531954195519561957195819591960196119621963196419651966. .. .196719681969197019711972197319741975197619771978197919801981.198219831984 ..19851986198719881989 "1982: IV1983: IV1984: IV1985: IV1986: IV .1987:1

||I I IIV

1988:1||I I IIV

1989:1 . .||I I IIV P

Exportimports <

and ser

Exports

16.810.712.713.614.617.218.520.221.122.024.626.525.224.427.427.427.026.927.528.629.729.629.930.430.931.031.131.432.533.734.535.236.638.740.441.747.156.362.164.868.072.881.690.297.5

100.0101.3103.2101.099.899.5

103.3106.3100.0102.6102.4100.599.099.599.599.399.7

100.8102.5104.7105.1106.3106.6106.0106.2

s and>f goodsvices1

Imports

15.98.6

11.311.612.313.113.614.114.617.420.922.421.222.526.725.324.124.123.523.823.822.723.123.423.122.923.624.124.725.726.226.627.429.030.232.035.550.454.155.759.865.877.196.0

101.6100.097.497.195.293.799.0

102.7104.999.397.296.295.994.497.399.498.8

100.6101.5102.6102.7104.0105.6105.9103.6104.4

Government purchases of goods and services

Total

9.48.49.49.5

10.612.412.512.311.812.314.716.317.316.818.319.419.820.120.821.922.924.124.624.925.426.326.927.628.529.831.233.135.138.141.043.847.152.257.761.565.870.476.885.593.4

100.0104.0108.6112.3114.5118.5123.4128.7101.8105.3110.3113.8114.5116.8118.3119.1119.6122.0122.6123.5125.4127.1127.5129.0131.0

Federal

Total

8.18.09.79.7

11.112.812.812.411.812.014.816.317.616.318.019.319.619.720.621.522.524.224.624.725.025.926.527.228.129.430.532.333.836.839.843.046.251.357.160.865.269.275.484.393.3

100.0103.1106.8109.0109.7112.4115.9119.8101.3103.8108.5110.6107.7111.1113.0112.8112.5115.5115.0114.9118.2118.9118.2119.8122.5

Nationaldefense

41.8'45.350.655.659.363.467.874.283.492.9

100.0103.6107.2109.2110.2111.1114.0118.2102.0104.7108.3111.3109.7111.2111.1110.9111.3113.1113.5114.4114.9117.4117.8118.3119.1

Non-defense

4'£8'48.953.360.664.369.172.478.086.494.3

100.0101.4105.5108.2108.1116.7123.6125.299.5

100.3108.9108.8101.7110.7120.0120.3116.8126.2121.0117.1128.7123.8119.2125.0133.4

Stateandlocal

9.78.69.29.39.7

10.210.611.211.612.814.516.316.917.318.919.720.220.721.222.423.524.024.625.225.926.727.428.028.830.232.033.936.339.241.944.447.852.858.162.066.171.111186.293.4

100.0104.7109.9114.9118.3123.2128.8135.0102.2106.3111.7116.5120.0121.2122.4123.9125.1126.7128.1129.6130.8132.9134.4135.6137.0

Finalsales

14.611.312.813.013.714.715.215.315.719.322.123.423.523.924.925.425.926.327.128.029.029.730.430.931.231.932.432.933.734.935.937.739.842.044.446.549.554.159.263.067.272.178.585.893.9

100.0103.9107.7110.9113.8117.4121.4126.4101.7105.3109.0112.2114.8115.9117.0117.9118.7119.5120.6121.9123.4124.6125.8126.9128.2

Grossdomestic

pur-chases 2

14.611.112.712.913.714.615.015.215.619.121.823.423.323.925.025.425.826.227.027.828.729.330.030.530.831.431.932.533.334.435.437.039.041.243.445.548.453.458.662.26&.471.578.186.394.4

100.0103.4106.9109.9112.5116.8120.9125.8101.6104.7108.0111.2113.9115.2116.5117.3118.2119.0120.3121.3122.8124.2125.5126.2127.4

Percentchange

frompreced-

ingperiod,

GNPimplicit

pricedefla-tor3

2.2-.82.06.26.62.61.42.9

22.913.97.0-.52.04.81.51.61.63.23.43.62.12.41.61.02.21.61.52.73.62.65.05.65.55.74.76.59.19.86.46.77.38.99.09.76.43.93.73.02.63.23.34.13.64.73.03.31.83.23.82.82.42.04.84.44.74.04.63.23.5

2 GNP less exports of goods and services plus imports of goods and services.3 Quarterly changes are at annual rates.Source-. Department of Commerce, Bureau of Economic Analysis.


TABLE C-4.—Fixed-weighted price indexes for gross national product, 1982 weights, 1959-89


Year or Quarter

195919601961196219631964196519661967196819691970197119721973197419751976..19771978197919801981 "'...1982198319841985...198619871988 '.!!!"!..1989 "1982: IV1983: IV ...1984: IV1985: IV1986: IV1987- 1

IIIllIV

1988: 1||IllIV

1989: 1IIIllIV P.


37.638.138.438.739.139.640.141.142.143.745.647.248.850.353.157.261.865.168.472.778.886.194.1

100.0104.1108.3111.9114.9119.1124.1129.7101.7105.7109.6113.2116.1117.4118.5119.6120.8121.9123.3124.9126.2127.7129.3130.2131.4

Personalcon-

sumptionexpendi-

tures

35.235.736.136.436.837.237.738.539.541.042.844.746.648.351.055.860.163.567.572.278.686.894.6

100.0104.2108.4112.2115.3120.7125.9131.8101.8105.8109.7113.8116.7118.5120.2121.4122.8123.6125.1126.6128.1129.6131.6132.3133.8

Gross private domesticinvestment1

Fixed investment

Total

58.058.158.058.058.058.258.559.360.261.463.261.560.659.861.864.469.071.472.674.580.386.994.5

100.0100.4101.5103.3105.7107.8111.3115.6100.2100.5102.3104.2106.4106.9107.3108.1108.7110.1111.0111.5112.7114.1115.2116.1117.0

Nonresi-dential

65.966.166.066.166.266.466.767.468.469.571.068.466.665.066.668.573.175.274.975.080.186.193.9

100.099.9

100.2101.9104.2105.4109.0113.1100.599.6

100.9102.8104.8105.1105.2105.4106.0107.5108.6109.3110.5111.8112.6113.5114.5

Residen-tial

30.230.330.229.929.529.630.030.831.633.136.037.439.541.645.150.154.658.464.872.581.289.496.6

100.0102.2106.0108.3110.9115.9119.5124.299.1

103.3107.2109.0112.1113.2114.9117.4118.2119.2119.3119.3120.1121.8123.9125.3126.0

Exports andimports of goods

and services1

Exports

32.833.534.034.134.434.835.937.138.239.340.943.345.346.550.859.865.467.470.374.582.990.597.7

100.0101.6104.3103.7103.6105.6111.2114.6100.0103.2104.0103.4103.5104.2105.1105.8106.5108.1110.0112.6113.3113.7114.6114.4114.9

Imports

27.027.327.026.727.127.728.129.129.530.131.233.435.637.842.454.559.761.366.171.380.996.3

101.5100.097.797.595.794.0

101.2106.3110.799.397.696.896.894.797.9

100.4101.9103.3104.5106.1106.2107.3109.5111.1109.8111.2

Government purchases ofgoods and services

Total

25.826.427.027.828.529.330.031.332.734.536.639.642.345.248.853.558.662.266.070.977.386.394.1

100.0104.5109.2113.2115.5119.6125.1131.0102.0106.0110.7114.4116.6118.0119.0120.2121.3123.1124.4125.9126.9129.4130.5131.4132.6

Federal

Total

26.927.327.828.429.330.130.832.032.834.536.439.542.446.050.154.859.462.465.870.676.886.494.9

100.0104.1108.0110.4110.6113.3117.9122.9101.7105.4109.0111.0110.7112.1113.0113.6114.5116.3117.4118.7119.3122.3122.7123.0123.7

Nationaldefense

44.347.451.456.559.763.568.675.184.793.8

100.0103.7107.6110.5111.1113.8117.9122.6101.8104.7109.0111.4111.6112.7113.5114.1114.9116.6117.7118.3119.0122.0122.5122.5123.3

Non-defense

50.556.963.366.669.071.575.581.090.697.4

100.0105.1108.9110.0109.4112.0118.0123.8101.4107.0109.1110.1108.7110.6111.6112.5113.4115.6116.7119.7120.0123.0123.2124.2124.7

Stateandlocal

24925.726.427.327.928.529.330.632.534.436.739.642.244.647.852.657.962.066.271.277.786.293.5

100.0104.8110.1115.3119.2124.3130.4136.9102.2106.4111.9117.0121.0122.3123.5125.1126.4128.1129.6131.2132.6134.7136.2137.6139.1

Percentchange

frompreceding

"SPfixed-

weightedprice

index2

1.4

'.81.01.21.42.52.63.74.43.63.52.95.57.88.05.35.16.28.59.39.36.24.14.03.42.73.64.24.54.04.03.23.33.14.34.13.83.83.84.85.24.34.85.02.93.8

1 Separate price indexes are not calculated for gross private domestic investment, change in business inventories, and net exports ofgoods and services.2 Quarterly changes are at annual rates.

Source: Department of Commerce, Bureau of Economic Analysis.


TABLE C-5.—Changes in gross national product, personal consumption expenditures, and related price

measures, 1933-89

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

Year or quarter

1933 . .1939194019411942194319441945194619471948194919501951195219531954 . . . .19551956195719581959I96019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983.1984198519861987 .19881989".1982: IV1983- IV1984: IV1985- IV1986: IV1987- 1

II....IllIV

1988:1||IIIIV

1989:1||IIIIV

Gross national product

Currentdollars

-4.27.0

10.025.026.621.29.7.9

-.510.811.2-.510.715.75.55.7

9!o5.55.31.38.5

3.93.67.65.67.18.59.55.89.38.05.48.6

10.012.18.38.5

11.511.713.011.58.9

11.73.77.6

10.86.45.46.97.97.24.2

12.44.76.24.28.88.28.49.06.58.67.57.57.97.16.24.3

Con-stant

(1982)dollars

-2.17.9

7.817.718.818.18.2

-1.9190

-2.83.9.0

8.510.33.94.0

-1.35.62.11.7

-.85.82.22.65.34.15.35.85.82.94.12.4

~2.B5.05.2-.5

-1.34.94.75.32.5-.21.9

-2.53.66.83.42.73.74.42.9.6

7.31.73.02.35.44.45.36.64.03.73.22.73.72.53.0.5

Implicitprice

deflator

-2.2-.8

2.0626.62.61.42.9

22.913.97.0-.5

2.04.81.51.61.63.23.43.62.12.4

1.61.02.21.61.52.73.62.65.05.6

5.55.74.76.59.19.86.46.77.38.99.09.76.43.93.73.02.63.23.34.13.64.73.03.31.83.23.82.82.4

2.04.84.44.74.04.63.23.5

Chainpriceindex

1.51.01.21.31.51.83.02.84.35.05.24.84.25.98.99.25.96.17.28.79.09.46.34.13.93.32.53.43.74.24.13.93.13.22.74.13.83.73.33.34.34.44.14.64.92.83.7

Fixed-weight-ed price

index(1982

weights)

1.4.7.8

1.01.21.42.52.63.74.43.63.52.95.57.88.05.35.16.28.59.39.36.24.14.03.42.73.64.24.54.04.03.23.33.14.34.13.83.83.84.85.24.34.85.02.93.8


Currentdollars

-5.74.6

6.013.89.7

12.28.8

10.520.412.58.01.97.78.35.36.23.17.54.95.43.37.4

4.63.16.15.57.27.78.35.59.78.27.08.19.5

10.59.5

10.511.511.311.611.610.610.57.19.08.88.26.47.67.47.3

10.39.77.26.06.26.6

10.79.23.68.77.47.57.67.17.67.64.6

Con-stant

(1982)dollars

-1.65.1

4.65.7-.72.33.26.4

10.51.82.32.05.42.13.04.02.56.23.02.21.45.02.62.04.33.75.65.65.13.05.13.62.43.15.44.2-.92.35.44.44.12.2

~L21.34.64.84.73.92.83.42.75.35.54.31.92.2

184.7-.7

6.22.53.33.02.01.95.6-.1

Implicitprice

deflator

-4.2

1.37.7

10.49.65.43.98.9

10.65.6-.12.26.12.22.1

.61.31.93.21.82.21.91.21.81.51.71.73.12.54.54.3

4.64.74.06.2

10.58.05.76.57.39.2

10.79.25.74.13.83.22.44.83.94.44.44.33.04.03.96.45.64.44.42.34.73.94.6

4.85.71.94.7

Chainpriceindex

1.71.11.11.41.21.52.72.54.04.44.74.33.66.0

10.38.05.76.47.29.2

10.99.25.74.23.93.52.74.74.14.54.84.13.14.23.9

6.15.74.44.32.65.04.34.84.75.82.14.4

Fixed-weight-ed price

index(1982

weights)

1.5.9.9

1.11.21.22.22.53.84.34.64.23.55.79.47.75.66.37.08.8

10.59.05.64.24.03.52.74.74.34.74.84.13.24.33.96.15.84.44.52.65.14.64.94.86.32.24.4



TABLE C-6.—Gross national product by major type of product, 1929-89

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

Year orquarter

1929193319391940194119421943194419451946194719481949195019511952195319541955 .19561957 .195819591960196119621963196419651966196719681969197019711972 .. .1973197419751976 ..1977197819791980198119821983198419851986198719881989 p.1982: IV1983: IV1984: IV1985: IV1986: IV1987:1

IIIllIV

1988:1III l lIV

1989:1IIIllIV ".


103.956.091.3

100.4125.5159.0192.7211.4213.4212.4235.2261.6260.4288.3333.4351.6371.6372.5405.9428.2451.0456.8495.8515.3533.8574.6606.9649.8705.1772.0816.4892.7963.9

1,015.51,102.71,212.81,359.31,472.81,598.41,782.81,990.52,249.72,508.22,732.03,052.63,166.03,405.73,772.24,014.94,231.64,524.34,880.65,233.23,212.53,545.83,851.84,107.94,297.34,388.84,475.94,566.64,665.84,739.84,838.54,926.95,017.35,113.15,201.75,281.05,337.0

Finalsales

102.257.690.998.3

121.0157.2193.4212.3214.4206.0235.7256.9263.4281.4323.2348.6371.1374.1400.2423.6449.6458.3490.0512.3531.4568.5601.1644.4695.2757.8806.1884.8954.1

1,012.31,094.91,202.31,339.71,457.41,604.11,766.81,969.22,221.02,495.22,740.33,028.63,190.53,412.83,704.54,003.64,224.84,495.04,850.05,203.83,272.43,514.83,806.84,100.74,309.44,363.44,457.14,557.14,602.54,709.84,809.24,882.34,998.75,085.45,174.35,253.65,301.8

Inven-tory

change

1.7-1.6

.42.24.51.8

-.6-1.0-1.0

6.4

~4.73 16.8

10.23.1

.4-1.6

5.74.61.4

-1.55.83.12.46.15.85.49.9

14.210.37.99.83.17.8

10.519.615.456

16.021.328.613.0

-8.324.0

-24.5-7.167.711.36.9

29.330.629.4

-59.931.045.0

7.2-12.2

25.418.89.5

63.330.029.344.618.727.727.427.435.2

Goods

Total

Total

56.127.049.056.072.593.7

120.4132.3128.9125.3139.8154.4147.7162.4189.9195.5204.6198.0216.3225.4234.7230.5250.8257.2260.4281.5293.2313.5342.9380.1395.1427.4456.6467.8493.0537.4616.4663.1714.7798.9882.0991.4

1,099.11,174.91,322.91,319.11,396.11,581.41,641.21,686.71,785.21,931.92,073.51,309.81,473.71,599.91,657.41,694.51,727.91,761.11,799.81,851.81,867.01,917.41,955.81,987.42,030.92,079.12,096.32,087.9

Finalsales

54.428.648.653.868.091.9

121.0133.3129.9118.9140.3149.7150.8155.6179.6192.4204.2199.6210.6220.7233.3232.0245.1254.1258.0275.4287.4308.1333.0365.9384.9419.5446.8464.7485.2526.9596.8647.7720.3782.9860.7962.8

1,086.11,183.21,298.91,343.71,403.21,513.71,629.91,679.81,755.91,901.32,044.11,369.71,442.71,554.91,650.21,706.61,702.51,742.31,790.31,788.41,837.01,888.11,911.21,968.72,003.22,051.72,068.92,052.7

Inven-tory

change

1.7-1.6

.42.24.51.8

-.6-1.0-1.0

6.4-.54.7

-3.16.8

10.23.1

.4165.74.61.4

-1.55.83.12.46.15.85.49.9

14.210.37.99.83.17.8

10.519.615.456

16.021.328.613.0

-8.324.0

-24.5-7.167.711.36.9

29.330.629.4

-59.931.045.0

7.2-12.2

25.418.89.5

63.330.029.344.618.727.727.427.435.2

Durable goods

Finalsales

16.15.4

12.415.423.834.554.258.550.131.844.448.050.056.266.472.678.074.181.786.291.784.891.193.893.1

103.4110.0119.6132.4147.9154.5169.1180.1182.1189.4209.7241.9257.2288.2323.6369.4416.9473.1499.4541.1542.9575.3641.3700.1723.0755.5838.6897.1551.8611.9667.6697.9740.7717.4747.3788.8768.4815.2840.2842.6856.5872.8899.2924.9891.5

Inven-tory

change

1.45.3

1.23.11.0.0

-.6-1.3

5.31.41.0

-1.83.66.11.21.5253.42.1.5

-2.83.11.6-.13.42.74.06.7

10.25.54.76.4-.12.87.2

15.011.270

10.39.7

20.110.3

-2.96.8

-16.8-1.040.26.51.2

22.125.014.5

-42.716.733.08.6

-9.620.718.44.8

44.39.7

17.041.432.022.06.05.2

25.0

Nondurable goods

Finalsales

38.323.236.238.444.257.466.874.879.887.195.9

101.7100.999.4

113.2119.8126.2125.5128.9134.5141.6147.2154.0160.3164.8172.0177.4188.5200.6218.1230.4250.4266.7282.6295.8317.2354.9390.4432.2459.3491.3545.9613.0683.8757.8800.8827.9872.4929.8956.8

1,000.41,062.61,147.0

817.9830.9887.3952.3965.9985.1995.0

1,001.51,020.01,021.71,047.91,068.61,112.21,130.51,152.51,144.01,161.2

Inven-tory

change

0.3-1.1

.11.01.4.7

-.6-.3

LI-1.9

3.7133.24.21.9

-1.1.9

2.32.5

.91.32.61.42.52.73.11.43.24.04.83.23.43.24.93.34.64.31.35.7

11.68.62.7

-5.417.2

-7.7-6.127.54.95.77.25.6

14.9-17.2

14.312.0

-1.4-2.6

4.8

4719.120.312.33.2

-13.35.7

21.422.210.2

Services

35.925.934.535.840.950.963.272.477.370.572.778.083.089.0

104.4115.2123.4128.5138.5148.9161.6170.9183.5197.4210.9226.4242.2261.1280.5307.2334.9368.0402.3441.1484.9533.2586.6650.6725.2803.5895.9

1,003.01,121.91,265.01,415.41,547.51,682.51,813.91,968.32,119.32,304.52,499.22,700.71,598.91,730.11,866.52,035.72,174.22,233.72,284.32,328.72,371.42,434.22,472.32,520.32,570.02,620.82,667.52,728.12,786.2

Struc-tures

11.93.17.88.6

12.114.49.26.67.2

16.622.829.229.636.939.140.943.646.051.153.954.855.561.560.762.566.771.575.281.784.686.497.2

105.1106.5124.8142.1156.3159.1158.5180.4212.6255.3287.1292.0314.4299.4327.1377.0405.4425.6434.6449.5459.0303.9342.0385.4414.8428.6427.2430.5438.1442.6438.6448.8450.8459.9461.3455.1456.6462.9

Autooutput

•""•••••"•

7.28.8

11.915.413.312.016.114.721.216.919.414.519.421.317.822.425.125.931.130.227.835.034.728.538.941.446.038.840.355.264.368.366.960.169.466.588.6

105.1116.5120.6119.2129.9132.264.5

102.1111.5115.5122.5119.3115.7117.8124.0118.6132.5136.6132.0134.5131.7135.8126.9



TABLE C-7.—Gross national product by major type of product in 1982 dollars, 1929-89

[Billions of 1982 dollars; quarterly data at seasonally adjusted annual rates]

Year orquarter

19291933193919401941194219431944194519461947194819491950195119521953195419551956195719581959I96019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989 p.1982: IV1983: IV1984: IV1985: IV1986: IV1987: 1

||111 ;IV

1988:1IIIllIV

1989:1IIIllIV '.


709.6498.5716.6772.9909.4

1,080.31,276.21,380.61,354.81,096.91,066.71,108.71,109.01,203.71,328.21,380.01,435.31,416.21,494.91,525.61,551.11,539.21,629.11,665.31,708.71,799.41,873.31,973.32,087.62,208.32,271.42,365.62,423.32,416.22,484.82,608.52,744.12,729.32,695.02,826.72,958.63,115.23,192.43,187.13,248.83,166.03,279.13,501.43,618.73,717.93,853.74,024.44,142.63,159.33,365.13,535.23,662.43,733.63,783.03,823.53,872.83,935.63,974.84,010.74,042.74,069.44,106.84,132.54,162.94,168.1

Finalsales

698.7509.2712.7758.5881.6

1,068.31,275.51,385.71,363.31,069.01,067.71,096.41,118.71,179.51,297.41,370.01,432.51,421.01,478.61,512.71,548.11,542.61,612.61,657.51,701.41,783.31,856.71,957.62,062.42,171.52,242.62,344.62,398.12,407.92,465.22,586.82,704.12,696.02,707.82,804.62,929.53,078.43,177.43,194.03,225.03,190.53,285.53,439.13,609.63,712.43,830.03,996.54,118.13,218.63,338.13,493.53,654.73,754.43,764.93,810.13,866.03,879.03,940.53,989.24,005.24,051.04,082.34,113.54,141.04,135.5

Inven-tory

change

10.8-10.7

3.914.427.812.0

-5.284

27.9-1.012.3-9.724.230.810.02.8

-4.816.312.93.0

-3.416.57.77.316.216.615.725.236.928.821.025.18.219.621.840.033.3

-12.822.129.136.815.0-6.923.9245-6.462.39.15.6

23.727.924.5

-59.327.041.77.7

-20.818.113.36.8

56.634.321.537.518.324.519.121.932.6

Goods

Total

Total

308.1210.0331.7370.3431.9504.1608.6664.6639.1521.0517.1531.7517.9561.4623.0641.3676.6643.5683.9697.1699.3674.2716.6726.8730.2773.5797.5845.2904.0974.7993.1

1,024.81,048.51,030.01,037.61,093.81,175.01,159.21,125.01,194.71,256.21,329.11,354.61,344.21,386.01,319.11,367.01,509.21,553.61,592.61,669.01,771.61,837.61,297.91,423.81,520.21,564.71,595.71,622.61,645.91,679.11,728.51,746.71,767.91,782.31,789.41,823.21,843.91,851.31,832.2

Finalsales

297.3220.7327.8355.9404.2492.1607.9669.8647.5493.1518.1519.4527.6537.2592.2631.3673.8648.2667.6684.1696.3677.6700.1719.1723.0757.3780.8829.5878.8937.8964.3

1,003.71,023.31,021.71,017.91,072.11,135.01,125.91,137.81,172.51,227.11,292.41,339.61,351.11,362.21,343.71,373.41,446.91,544.51,587.11,645.31,743.71,813.11,357.11,396.81,478.51,557.01,616.51,604.41,632.61,672.31,671.91,712.41,746.51,744.81,771.01,798.71,824.81,829.41,799.5

Inven-tory

10.8-10.7

3.914.427.812.0.7

-5.2-8.427.9-1.012.3-9.724.230.810.02.8

-4.816.31293.0

-3.416.57.77.316.216.615.725.236.928.821.025.18.219.621.840.033.3

-12.822.129.136.815.0-6.923.9245-6.462.39.15.6

23.727.924.5

-59.327.041.77.7

-20.818.113.36.856.634.321.537.518.324.519.121.932.6

Durable goods

Finalsales

85.834.974.891.9122.9163.3254.4292.4263.1129.6164.7166.5166.8180.0208.8229.8245.4230.6245.2248.3251.3229.1236.8242.2239.2260.2273.4295.43222354.2363.6378.5389.7381.7375.5409.4474.9476.0471.1490.9534.0572.5604.6584.0578.5542.9566.3623.5686.1718.6770.6860.9903.2543.8598.0647.8687.7738.6723.9760.3806.1791.9840.9866.8863.4872.4884.2908.0927.2893.6

Inven-tory

change

7.5-4.51.67.217.47.51.4

-3.8-7.823.12.83.4

-6.111.419.13.64.7

-7.79.56.31.9

-7.18.24.0-.18.47.111.217.426.314.411.815.2-.57.115.430.820.0

-11.415.914.227.513.3-3.26.9168-1.238.25.6.9

19.622.712.0

-42.416.131.17.3

-9.017.916.34.439.79.915.337.328.118.15.04.220.9

Nondurable goods

Finalsales

211.5185.7253.1264.0281.2328.8353.5377.4384.4363.5353.4353.0360.8357.1383.4401.5428.4417.7422.3435.8445.0448.6463.4476.9483.7497.1507.4534.1556.5583.6600.7625.3633.6640.1642.4662.7660.1649.9666.7681.7693.1719.9735.1767.1783.7800.8807.0823.3858.4868.5874.7882.8909.9813.4,798.8830.7869.4877.9880.5872.3866.2880.0871.5879.7881.4898.6914.5916.8902.3905.9

Inven-tory

change

3.3-6.22.37.210.34.5-.7-1.4-.64.8

-3.88.8

-3.612.811.76.4

-2.02.96.86.71.13.78.33.77.37.79.54.57.810.614.49.39.98.812.56.49.213.3-1.46.314.99.31.7

-3.716.9-7.7-5.224.23.54.74.15.212.5

-16.910.910.6.4

-11.8.2

-3.02.316.824.36.1.1

-9.76.414.117.711.7

Services

290.0252.1306.4318.1367.1460.4598.9665.0662.3472.0431.0438.1450.1470.4537.7567.3577.6579.5601.0619.7645.4654.7681.5709.9743.0777.0811.5852.8891.6942.7990.6

1,032.01,066.91,092.41,126.11,169.41,218.71,256.41,286.41,324.41,368.71,426.91,478.61,511.11,533.41,547.51,585.51,625.21,684.31,738.91,803.71,873.51,934.01,555.51,600.71,644.71,712.51,753.11,778.71,798.71,812.21,825.01,854.11,862.51,880.81,896.71,905.11,919.91,945.01,965.9

Struc-tures

111.436.578.584.5110.3115.868.750.953.5104.0118.6138.9141.0171.9167.5171.4181.2193.2210.0208.9206.5210.3231.0228.5235.4248.9264.4275.3292.0291.0287.6308.8307.9293.8321.2345.4350.4313.7283.6307.6333.7359.1359.2331.8329.4299.4326.6367.1380.8386.4381.1379.3371.0305.9340.6370.3385.2384.8381.8378.9381.5382.1374.0380.2379.6383.3378.5368.8366.6370.0

Autooutput

••••"• •"

24.127.635.544.938.334.944.843.358.245.848.337.445.749.641.149.854.655.366.964.858.370.567.653.169.873.982.065.461.880.188.787.380.267.173.366.585.998.5106.5106.4101.7108.9108.963.396.4104.2104.8106.7104.199.299.4104.099.4111.9114.4110.1110.9109.3112.0103.5



TABLE C-8.—Gross national product by sector, 1929-89

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

Year or quarter

19291933193919401941194219431944194519461947194819491950195119521953195419551956195719581959

I96019611%219631964196519661967196819691970197119721973197419751976197719781979

1980198119821983198419851986198719881989 f1982: IV1983- IV1984- IV1985: IV1986- IV1987- 1

IIIIIIV

1988- 1IIHIIV

1989: 1j|HIIV P.


103.956.091.3

100.4125.5159.0192.7211.4213.4212.4235.2261.6260.4288.3333.4351.6371.6372.5405.9428.2451.0456.8495.8515.3533.8574.6606.9649.8705.1772.0816.4892.7963.9

1,015.51,102.71,212.81,359.31,472.81,598.41,782.81,990.52,249.72,508.22,732.03,052.63,166.03,405.73,772.24,014.94,231.64,524.34,880.65,233.23,212.53,545.83,851.84,107.94,297.34,388.84,475.94,566.64,665.84,739.84,838.54,926.95,017.35,113.15,201.75,281.05,337.0

Gross domestic product

Total

103.255.790.9

100.1125.0158.5192.3210.9213.0211.6234.1260.1259.0286.7331.4349.4369.5370.3403.3425.2447.7453.9492.7511.8530.0570.1602.0644.4699.3766.3810.4885.9957.1

1,008.21,093.41,201.61,343.11,453.31,580.91,761.71,965.12,219.12,464.42,684.43,000.53,114.83,355.93,724.83,974.1

. 4,197.24,493.84,847.35,199.63,163.83,494.63,805.94,065.94,267.94,356.94,446.94,537.04,634.34,703.34,808.44,894.74,982.95,078.55,170.85,247.45,301.8

Business *

Total1

96.049.381.089.8

113.0140.4163.4174.9173.5184.8211.3236.4232.9259.0296.7310.7329.3329.1359.4378.1397.3399.5435.5449.9463.9499.1526.0562.1610.7666.7699.7762.0820.1856.3927.4

1,020.01,145.01,237.51,341.21,500.71,682.11,908.42,125.32,306.82,582.82,658.22,866.63,201.53,412.83,599.93,851.54,153.54,448.42,693.62,994.83,270.63,490.73,655.63,732.63,810.83,888.73,973.94,027.04,121.24,194.74,271.14,347.24,426.74,489.04,530.5

Nonfarm1

84.843.673.082.0

103.4128.0149.8156.9153.5165.2189.3214.4213.3238.3271.1286.7306.3306.7338.8361.4380.1378.9417.9432.5445.0478.6506.2544.3590.0641.7677.8740.4798.8831.2897.5988.8

1,098.31,190.01,288.41,448.71,631.71,850.02,054.52,236.42,498.92,581.32,802.13,118.53,342.23,525.93,779.54,087.14,386.12,607.72,932.73,198.73,422.43,587.13,657.43,734.83,821.83,903.83,960.64,042.54,119.64,225.54,280.04,356.04,431.34,477.0

Farm

9.74.66.36.48.9

13.015.315.316.018.820.223.318.820.022.922.220.319.718.818.618.420.719.020.220.220.420.519.321.922.822.222.725.226.328.132.851.049.250.348.550.460.371.865.579.877.059.377.675.475.876.876.185.679.059.674.076.278.173.978.277.577.679.578.883.762.391.389.083.279.1

Statis-tical

discrep-ancy

1.51.21.71.4

-J1.72.74.0

1.81.3.8.8

2.71.82.62.71.8

-1.9-1.2-.1

-1.5-2.8-1.2

.0-.6

-1.4-1.2

2.1-.4

-1.1-3.9-1.1

1.8-1.6

4.3-1.7

2.53.6

.0-1.9-1.0

4.94.1-.15.25.4

-4.81.8

-4.7-9.6

-23.46.82.5

-2.1-7.9-9.6

1.2-2.3

-10.57.4

-13.1

-lie-16.6-24.1-18.3-25.5-25.5

House-holdsand

insti-tutions

2.91.72.32.42.52.93.23.74.14.55.15.65.96.56.97.27.88.19.19.9

10.611.512.413.914.515.616.717.919.321.323.426.129.532.435.639.043.047.252.057.162.470.278.689.3

101.0112.7122.9132.7142.3153.5169.3188.0210.6116.9126.6136.1146.6157.9161.4166.5172.3177.1180.7185.1190.8195.5201.2207.1214.4219.7

Government2

Total

4.44.77.67.89.5

15.225.632.335.322.417.618.120.121.227.731.532.433.034.837.239.842.944.848.151.655.459.364.469.378.487.497.8

107.5119.5130.3142.6155.0168.7187.7203.8220.5240.5260.4288.3316.7343.9366.4390.6419.0443.8473.0505.8540.7353.4373.1399.1428.6454.4462.9469.7475.9483.3495.5502.1509.2516.3530.1536.9544.0551.6

Federal

0.91.23.53.55.1

10.721.027.330.016.210.39.6

10.711.116.619.319.118.319.019.620.221.321.722.623.625.226.528.530.034.337.841.944.948.451.154.957.161.166.570.975.581.786.996.1

107.4117.0124.7132.1140.2143.5150.9159.3169.6120.7126.0134.0142.4144.6148.9150.5151.2152.8158.0158.7159.8160.8168.3169.1170.1171.1

Stateandlocal

3.53.54.24.34.44.54.74.95.46.27.38.59.4

10.111.212.313.314.715.817.619.621.623.125.527.930.232.935.939.344.149.555.962.671.179.387.797.9

107.6121.1132.9145.0158.9173.5192.2209.3226.9241.7258.5278.8300.3322.1346.5371.0232.6247.2265.1286.2309.8314.0319.2324.7330.5337.5343.5349.4355.5361.8367.9373.9380.5

Restof theworld

0.8.3

!5.5.4.5.4.7

1.21.51.41.52.02.22.12.22.63.03.42.93.13.53.84.54.95.45.85.66.06.86.87.39.3

11.216.219.517.521.125.430.543.847.652.151.249.947.440.734.430.533.333.648.751.346.042.029.431.928.929.631.536.530.032.334.534.531.033.535.2

1 Includes compensation of employees in government enterprises.2 Compensation of government employees.Source: Department of Commerce, Bureau of Economic Analysis.


TABLE C-9.—Gross national product by sector in 1982 dollars, 1929-89


Year or quarter

1929193319391940194119421943.194419451946.19471948.19491950195119521953195419551956195719581959196019611962196319641965 .196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989 *1982- IV1983: IV1984- IV1985: IV1986- IV1987: 1 . . .

||IIIIV

1988- 1||IllIV

1989- 1I II I IIV p


709.6498.5716.6772.9909.4

1,080.31,276.21,380.61,354.81,096.91,066.71,108.71,109.0

1,203.71,328.21,380.01,435.31,416.21,494.91,525.61,551.11,539.21,629.1

1,665.31,708.71,799.41,873.31,973.32,087.62,208.32,271.42,365.62,423.32,416.22,484.82,608.52,744.12,729.32,695.02,826.72,958.63,115.23,192.43,187.13,248.83,166.03,279.13,501.43,618.73,717.93,853.74,024.44,142.63,159.33,365.13,535.23,662.43,733.63,783.03,823.53,872.83,935.6

3,974.84,010.74,042.74,069.44,106.84,132.54,162.94,168.1


Total

704.6496.1713.5770.3906.0

1,077.11,273.41,377.71,352.61,093.31,061.61,102.51,103.4

1,197.41,320.31,371.71,427.41,407.81,485.51,515.01,539.71,529.71,619.11,654.11,696.61,785.61,858.51,957.12,070.62,192.52,255.02,347.92,406.22,399.12,464.12,584.92,711.82,693.52,665.72,793.72,921.23,073.03,136.63,131.73,193.63,114.83,231.23,457.53,581.93,687.43,827.23,996.34,115.43,111.33,316.63,493.13,624.73,707.7

3,755.03,798.23,847.03,908.3

3,943.53,985.14,015.64,040.84,078.54,107.34,135.94,140.1

Business l

Total1

611.6404.9586.8

635.5738.7832.9891.6934.3914.3866.3886.1925.4916.7

1,002.81,080.51,114.71,170.01,154.61,229.71,254.11,274.01,260.41,345.81,369.71,403.21,480.9

• 1,546.71,635.21,737.41,837.11,880.91,961.12,009.82,004.42,068.02,186.62,309.12,283.92,249.62,374.82,497.22,639.22,696.42,683.22,739.82,658.22,770.12,990.13,103.33,198.23,328.93,482.93,587.02,654.12,853.23,022.23,141.73,215.1

3,261.63,301.93,346.83,405.03,436.03,474.13,499.73,521.73,555.73,580.73,605.13,606.4

Nonfarm1

547.8338.7518.3571.2675.8774.4841.6862.5839.3809.0828.6875.1858.5

941.41,014.91,050.91,101.31,084.21,161.51,199.61,219.01,199.71,291.61,317.21,346.71,421.11,488.71,581.61,681.81,776.51,824.21,908.31,962.1

1,946.42,001.42,128.02,256.62,226.52,180.62,306.62,434.92,581.02,633.22,613.12,659.62,581.32,703.72,916.63,028.13,115.73,249.63,418.23,528.12,567.12,795.32,953.03,066.23,137.2

3,176.53,222.73,273.03,326.1

3,364.23,398.83,435.53,474.2

3,494.53,518.63,549.73,549.7

Farm

54.156.656.454.658.162.459.257.253.754.049.955.255.058.356.057.259.360.962.060.758.861.258.861.160.259.859.857.759.054.757.755.757.260.762.362.061.160.764.862.562.261.064.664.275.777.061.368.579.484.183.472.777.780.355.671.182.586.484.181.182.985.383.075.3.71.461.280.876.976.077.1

Statis-tical

discrep-ancy

9.79.6

12.19.74.8

-4.0-9.214.621.33.37.6

-4.93.23.19.76.59.49.56.2

-6.238-.5

-4.6-8.7-3.7

-L841

-3i45.9

-1.0-2.8-9.5-2.7

4.2-3.4-8.6-3.3

4.25.6

28-1.4

5.94.4-.15.05.043

-1.6-4.1-8.0

-18.86.72.3

-1.9-7.1-8.5

1.120

-9.164

-11.2.0

72-13.7

197-14.8-20.5-20.3

House-holdsand

insti-tutions

34.427.133.335.835.836.934.334.334.435.437.941.242.445.046.146.247.748.453.256.157.760.762.767.468.070.772.574.677.480.483.185.688.287.088.891.293.493.996.497.098.0

101.0103.7107.3109.9112.7114.9117.6121.3125.7128.6137.3146.3113.8115.8119.0123.2126.3126.4127.5129.7131.1133.5136.0139.0140.5142.7145.4148.0149.1

Government2

Total

58.664.093.499.0

131.5207.4347.6409.1403.8191.6137.7135.8144.2149.6193.7210.7209.7204.8202.6204.8208.0208.6210.6217.1225.4233.9239.2247.3255.8275.0291.0301.2308.2307.7307.4307.1309.3315.7319.6321.9326.0332.8336.5341.2343.9343.9346.3349.8357.4363.5369.6376.1382.1343.5347.5351.9359.9366.3367.0368.8370.5372.2374.0375.0376.8378.6

380.1381.2382.7384.5

Federal

13.216.238.944.176.2

152.9294.6357.5350.7135.076.773.277.180.3

122.8137.5133.2125.0119.2116.1114.5109.5107.5108.9111.5116.7116.1116.8117.3128.1138.5140.7141.0133.2125.5118.3113.6113.5112.8112.7112.7113.9113.0114.4115.8117.0119.0120.5122.3122.6123.6125.2126.9117.6119.4121.2122.5123.2122.9123.3123.9124.4124.9124.7125.3126.0126.4126.5127.0127.6

Stateandlocal

45.347.954.655.055.354.452.951.753.256.661.062.667.169.371.073.376.579.883.488.793.599.2

103.1108.2113.9117.3123.1130.5138.5146.9152.4160.5167.2174.5181.9188.8195.7202.1206.8209.2213.3219.0223.5226.8228.1226.9227.3229.3235.0240.8246.0250.9255.2225.9228.1230.7237.4243.1244.1245.5246.6247.9

249.1250.3251.5252.7253.7254.7255.7256.9

Restof theworld

4.92.43.12.63.43.12.72.92.33.65.16.25.66.27.98.37.98.49.4

10.711.59.5

10.011.112.113.914.916.117.015.916.317.717.017.120.723.732.235.929.333.037.442.155.755.555.251.247.943.936.930.526.628.127.248.048.542.137.625.928.025.325.827.331.325.627.128.528.325.227.028.0

1 Includes compensation of employees in government enterprises.2 Compensation of government employees.Source: Department of Commerce, Bureau of Economic Analysis.


TABLE C-10.—Gross national product by industry, 2947-88

[Billions of dollars]

Year

194719481949

19501951195219531954

19551956195719581959

I9601961196219631964

19651966196719681969

19701971197219731974

19751976197719781979

19801981198219831984

19851986 »1987 *1988 *


235.2261.6260.4

288.3333.4351.6371.6372.5

405.9428.2451.0456.8495.8

515.3533.8574.6606.9649.8

705.1772.0816.4892.7963.9

1,015.51,102.71,212.81,359.31,472.8

1,598.41,782.81,990.52,249.72,508.2

2,732.03,052.63,166.03,405.73,772.2

4,014.94,231.64 524.34,880.6


culfure,forestry,

andfisheries

20.824.019.5

20.823.923.221.420.8

20.019.819.622.120.4

21.721.822.322.321.4

24.225.324.925.728.6

29.932.237.456.255.0

56.355.758.970.183.1

77.292.089.674.392.9

92.0

Mining

6.89.48.1

9.310.210.210.711.0

12.513.613.712.612.5

12.812.913.113.413.8

14.014.615.216.217.1

18.718.820.223.436.9

41.346.050.256.572.7

107.3143.7132.1118.4119.4

114.2

Con-struc-tion

9.111.511.5

13.215.616.917.517.7

19.121.322.221.823.7

24.325.327.128.931.6

34.737.939.743.548.7

51.456.563.070.474.5

76.586.297.9

115.6131.4

137.7138.4140.9149.6171.5

186.6

Manufacturing

Total

66.274.772.2

84.099.0

103.3112.5106.7

121.3127.2131.8124.3141.8

144.4145.0158.6168.1180.2

198.4217.4222.9243.6257.1

252.3265.7292.5326.4338.5

357.3409.3465.3518.8561.8

581.0643.1634.6683.2771.9

789.5

Dura-ble

goods

33.538.237.1

45.955.559.066.161.0

70.873.978.070.081.6

82.581.691.998.0

105.7

118.4130.8133.7146.1154.2

145.9153.8172.6195.4201.7

206.3239.7277.7317.4345.2

351.8385.8362.5385.6451.1

458.8

Non-durablegoods

32.736.635.0

38.143.444.346.445.7

50.453.353.954.360.3

61.963.366.870.174.5

80.086.689.297.5

102.9

106.3111.9119.9131.0136.7

151.0169.7187.7201.4216.5

229.2257.3272.1297.6320.8

330.8

Trans-portation

andpublic

utilities

21.023.723.9

26.630.232.234.233.8

36.839.641.741.945.1

47.348.951.954.858.3

62.667.470.776.482.6

88.497.1

108.0118.7129.1

141.7160.4178.9201.0216.1

240.8269.6288.4320.0354.4

374.1

Whole-saleand

retailtrade

44.248.448.0

51.556.859.060.461.6

67.071.375.076.483.3

85.788.094.198.2

107.1

115.0124.1132.9146.8159.2

168.7183.7202.6225.6246.0

273.7299.7332.8373.5415.8

438.8483.1506.5542.9614.0

658.2

Fi-nance,insur-ance,andreal

estate

23.826.929.2

32.235.539.143.347.0

50.754.358.563.168.2

72.876.981.786.592.0

98.9106.9115.6125.1136.3

145.8161.4174.8190.5206.7

221.7246.1280.3326.3363.3

400.6449.3475.1536.4572.8

639.5

Serv-ices

20.221.922.6

24.226.428.130.231.6

35.138.741.744.048.3

51.454.959.263.369.0

74.682.590.699.1

110.5

120.2130.214461B3.2179.4

199.8224.9253.4289.1328.7

374.0422.6463.6515.5580.2

648.1

Govern-mentand

govern-mententer-prises

20.220.823.2

24.231.235.736.837.4

39.041.244.547.850.8

54.257.662.167.072.5

78.288.198.4

110.5121.0

134.0145.9160.1173.1189.0

210.1229.7247.4270.3292.4

322.1354.7383.9410.5442.5

476.7

Sta-tis-ticaldis-

crep-ancy

1.8-1.3

.8

.82.71.82.62.7

1.8-1.9-1.2_ i

-i!s-2.8-1.2

.0-.6

-1.4

-1.22.1

-~L1-3.9

-1.11.8

-1.6-4.3

17

2.53.6

.0-1.9-1.0

4.94.1-.15.25.4

-4.8

Restof theworld

1.21.51.4

1.52.02.22.12.2

2.63.03.42.93.1

3.53.84.54.95.4

5.85.66.06.86.8

7.39.3

11.216.219.5

17.521.125.430.543.8

47.652.151.249.947.4

40.734.430.533.3

1 Gross domestic product by industry is not available for 1986-88. Data for 1977-88 based on a revised methodology are expected tobe published in the Survey of Current Business, March 1990.

Note.—The industry classification is on an establishment basis and is based on tee 1972 Standard Industrial Classification.Source: Department of Commerce, Bureau of Economic Analysis.


TABLE C-ll.—Gross national product by industry in 1982 dollars, 1947-88

[Billions of 1982 dollars]

Year

194719481949

19501951195219531954

19551956195719581959

19601961196219631964

19651966196719681969

19701971197219731974

1975197619771978 :....1979

19801981198219831984

19851986 * '.'.'.1987 2

1988 2


1,066.71,108.71,109.0

1,203.71,328.21,380.01,435.31,416.2

1,494.91,525.61,551.11,539.21,629.1

1,665.31,708.71,799.41,873.31,973.3

2,087.62,208.32,271.42,365.62,423.3

2,416.22,484.82,608.52,744.12,729.3

2,695.02,826.72,958.63,115.23,192.4

3,187.13,248.83,166.03,279.13,501.4

3,618.73,717.93,853.74,024.4


Agri-culture,forest-ry, andfisher-

ies

55.661.361.0

64.362.664.266.368.2

69.167.865.968.365.8

68.367.567.167.265.2

66.762.465.563.665.3

68.870.670.970.369.7

73.171.571.671.876.1

76.288.089.674.582.2

93.8

Mining

67.672.465.7

72.880.881.584.383.3

92.096.596.289.194.1

94.295.698.1

102.2105.7

109.4115.0120.2124.7128.9

134.5132.4134.4133.4130.3

125.6124.4126.2128.8130.0

135.6139.8132.1125.4133.0

130.1

Con-struc-tion

76.790.089.4

100.0110.9115.9119.9124.8

133.3142.7142.4147.5160.4

163.1165.1172.5177.5185.9

193.7194.4190.7190.2183.6

168.0162.7166.7170.4162.3

149.4158.1165.1176.7173.5

161.6147.4140.9147.3159.2

165.4

Manufacturing

Total

226.1238.5226.3

257.7288.4298.2319.9296.6

327.7330.6332.5303.5338.0

338.7339.4368.3397.4425.4

462.5497.9496.6522.0536.7

506.8515.5561.2621.3591.6

547.5600.6645.0683.4697.1

665.4676.1634.6675.5757.9

786.8

Dura-ble

goods

138.1145.0133.2

156.7181.4190.6208.4185.8

208.5207.3208.7180.1203.0

202.4199.9220.5238.9259.3

286.9312.3311.9326.2334.1

304.8305.5336.5377.0363.5

325.2357.4396.2415.9423.5

401.5404.9362.5390.4466.8

493.7

Non-durablegoods

88.093.593.1

101.0107.0107.6111.5110.8

119.2123.3123.8123.4135.0

136.3139.5147.8158.5166.2

175.6185.6184.7195.8202.6

202.0210.0224.8244.3228.1

222.2243.2258.9267.5273.5

263.9271.2272.1285.1291.1

293.0

Trans-por-

tationand

publicutil-ities

100.098.790.7

95.3104.9104.5106.7104.1

112.3117.7119.9116.1123.5

127.8130.0136.3143.8150.4

161.5174.2178.1189.5200.3

203.9209.8223.8243.0248.8

246.4257.1268.5284.8293.4

293.4296.2288.4300.8320.4

326.0

Whole-saleand

retailtrade

157.8161.9166.1

182.1183.7189.5195.6197.1

215.0221.5225.1225.0240.7

245.4247.8263.9273.9290.7

309.8326.5335.4354.8361.7

367.6385.7414.8437.0426.2

433.1454.4479.2502.3511.7

500.4507.3506.5529.1578.9

610.3

Fi-nance,insur-ance,andreal

estate

103.0107.7112.2

119.7126.4134.7142.2149.5

160.2168.8178.3184.5195.9

206.5215.0226.5235.9245.8

259.8271.1282.4296.0314.0

320.7335.9350.9367.7381.6

387.6403.1417.7442.5459.2

464.3474.2475.1489.0506.6

524.3

Serv-ices

124.7128.9129.0

133.8136.9139.4142.7145.9

153.0161.1168.6174.3183.5

190.2197.7207.7217.4230.7

240.4253.9265.2274.7287.8

295.7302.4320.0340.2347.5

352.4367.7388.4411.9429.8

442.6462.5463.6486.6514.0

546.4

Govern-mentand


156.2155.5164.0

169.2214.0231.9230.9225.4

223.4225.6229.2230.1232.8

240.3249.2258.4264.5274.0

284.3305.5322.3332.6340.2

339.6340.0340.5343.4350.6

355.0357.7362.9371.5376.2

382.7385.3383.9387.4392.1

400.8

Sta-tis-ticaldis-

crep-ancy

7.6-4.9

3.2

3.19.76.59.49.5

6.2-6.2-3.8-.5

-4.6

-8.7-3.7

.1-1.8-4.1

-3.45.9

-1.0-2.8-9.5

-2.74.2

-3.4-8.6-3.3

4.25.6

-2'.8-1.4

5.94.4-.15.05.0

-4.3

Resid-ua l 1

-13.6-7.5-4.2

-.62.05.39.43.5

-6.6-11.1-14.7-8.1

-11.0

-11.6-6.9

-13.3-19.7-12.6

-14.0-14.5

-.22.827

-3.94.85.1

-6.2-11.8

-8.7-6.6-3.4

2.1-9.0

3.512.5

.010.68.1

2.3

Restof theworld

5.16.25.6

6.27.98.37.98.4

9.410.711.59.5

10.0

11.112.113.914.916.1

17.015.916.317.717.0

17.120.723.732.235.9

29.333.037.442.155.7

55.555.251.247.943.9

36.930.526.628.1

1 Equals GNP in constant dollars measured as the sum of incomes less GNP in constant dollars measured as the sum of gross productby industry.

2 Gross domestic product by industry is not available for 1986-88. Data for 1977-88 based on a revised methodology are expected tobe published in the Survey of Cumnt Business, March 1990.

Note.—The industry classification is on an establishment basis and is based on the 1972 Standard Industrial Classification.Source: Department of Commerce, Bureau of Economic Analysis.


TABLE C-12.—Gross domestic product of nonfinancial corporate business, 1940-89


Year orquarter

19401941194219431944194519461947194819491950195119521953195419551956195719581959196019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989 "1982: IV1983: IV1984: IV1985: IV1986: IV1987: 1

IIIllIV

1988: 1||IllIV

1989: 1IIIllIV '

Grossdomes-

ticproduct

ofnon-

financialcorpo-ratebusi-ness

50.665.983.399.1

102.695.899.8

121.2138.9135.2153.6176.3184.0196.6193.5218.5233.6244.1238.0267.1277.6285.2311.1331.1357.7392.7430.2452.6499.7542.2560.4605.1671.8753.0812.8881.5995.5

1,126.11,274.11,417.41,540.81,738.41,782.21,914.22,146.72,267.12,367.12,520.72,731.32,903.51,779.42,012.52,201.82,309.42,408.72,439.52,488.62,556.22,598.42,648.12,705.92,754.92,816.42,842.72,887.22,936.2

Capitalcon-

sump-tion

allow-anceswith

capitalcon-

sump-tion

adjust-ment

5.05.46.06.16.26.37.49.0

10.511.212.113.914.915.916.817.920.122.123.224.325.326.027.028.229.631.634.537.841.745.750.255.160.565.676.892.5

103.0115.1130.8150.7172.5200.2223.0229.8240.1252.6267.4281.7297.1317.1229.7232.2245.0257.4273.6277.1280.3283.3286.2291.7295.1298.1303.6308.4312.2321.9326.0

Net domestic product

Total

45.660.577.393.096.489.592.4

112.2128.4123.9141.5162.4169.1180.7176.7200.7213.5221.9214.8242.8252.4259.1284.2303.0328.0361.1395.7414.8458.0496.6510.2550.0611.3687.4736.0789.0892.5

1,010.91,143.31,266.71,368.21,538.11,559.31,684.41,906.62,014.52,099.72,239.02,434.22,586.41,549.71,780.31,956.72,051.92,135.22,162.52,208.42,272.92,312.22,356.42,410.92,456.82,512.82,534.42,575.02,614.3

Indi-rectbusi-nesstax,etc.1

5.56.46.87.38.18.9

10.111.913.213.915.316.518.019.218.620.622.423.724.126.228.529.832.234.236.839.440.743.349.954.959.064.769.476.581.588.395.4

104.4114.1122.1138.5165.9166.9182.9204.2218.4230.2242.3260.0276.0169.7189.6210.6221.5232.7234.9240.3246.3247.9253.7257.3263.2265.9269.3273.7280.3280.8

Domestic income

Total

40.254.170.585.788.380.682.3

100.3115.2110.1126.2146.0151.1161.5158.1180.0191.1198.2190.7216.7223.9229.4252.0268.7291.2321.7355.0371.5408.1441.6451.2485.3541.9610.8654.5700.7797.1906.5

1,029.21,144.71,229.71,372.31,392.41,501.51,702.51,796.11,869.51,996.62,174.22,310.41,379.91,590.71,746.11,830.41,902.51,927.51,968.12,026.62,064.42,102.82,153.62,193.62,246.92,265.02,301.32,334.0

Com-pensa-tion ofemploy-

ees

31.239.851.062.265.161.967.279.187.785.294.7

110.2118.2128.6126.4138.4151.3159.0155.8171.5181.2185.3200.1211.1226.7246.5274.0292.3323.2358.8378.7402.0447.1505.9556.8580.4656.3741.0847.4962.0

1,051.11,160.51,203.91,266.11,399.81,489.81,567.11,665.11,799.11,938.81,206.51,319.71,436.81,524.01,597.91,621.11,643.11,677.41,719.01,742.81,782.11,816.81,854.61,889.31,923.11,954.31,988.5

Corporate profits with inventory valuation and capitalconsumption adjustments

Total

7.613.018.222.422.217.714.420.426.623.930.634.731.731.530.140.038.137.032.242.139.240.147.352.859.369.173.770.574.869.655.465.275.782.469.491.6

113.3134.9146.0139.1123.1144.2111.9165.6222.4225.3214.0224.6249.3222.9100.1199.5222.1226.3211.7209.6221.3238.8228.6241.9248.7248.3258.2235.3230.5226.7

Profits

Profitsbefore

tax

8.816.420.123.622.217.822.029.131.824.938.539.133.834.932.142.041.839.833.743.139.739.544.248.955.465.270.366.573.169.657.065.676.896.9

107.2109.2138.3160.5182.1195.8181.8181.5129.7159.3196.0170.2156.4197.2233.4217.1116.3183.2181.9174.2172.9179.4195.1211.8202.3218.7234.9237.7242.2242.2223.8211.5

Profitstax

liability

2.77.5

11.213.812.610.28.6

10.811.89.3

16.921.217.818.515.620.220.119.116.220.719.219.520.622.824.027.229.527.833.633.327.229.933.840.242.241.553.059.967.169.667.063.946.359.473.569.975.493.1

105.497.441.070.666.471.684.483.592.1

101.195.698.2

106.6107.4109.4110.6100.694.7

Profits after tax

Total

6.19.08.99.89.67.6

13.418.320.015.621.617.916.016.416.421.821.820.717.522.420.520.123.526.231.438.040.838.639.536.229.835.643.056.765.067.785.4

100.6115.0126.2114.8117.683.499.9

122.5100.481.0

104.1128.0119.775.4

112.7115.5102.688.595.8

103.0110.7106.7120.5128.3130.3132.8131.6123.1116.8

Divi-dends

3.53.93.73.94.14.14.85.56.06.07.57.17.17.37.48.59.09.39.3

10.010.610.611.412.613.715.616.817.519.119.118.518.520.121.121.724.827.832.037.239.345.553.459.766.569.572.274.481.483.096.062.268.868.672.375.279.179.381.086.275.877.492.686.498.393.796.095.9

Undis-tributedprofits

2.65.05.25.85.63.58.6

12.814.09.6

14.110.88.89.19.0

13.412.711.48.2

12.49.99.5

12.213.517.722.424.021.220.417.111.317.122.935.643.342.957.668.677.886.969.364.223.733.453.028.26.6

22.745.023.713.243.946.930.313.316.723.729.720.544.750.937.746.533.329.420.8

Inven-toryvalu-ation

adjust-ment

-0.225

-1.2-.8

3-.6

-5.3-5.9-2.2

1.9-5.0-1.2

1.0-1.0

3-1.7-2.7

1 5-.3

2.3.0.1

-.5-1.2-2.1-1.6-3.7

59-6.6

46-6.6

-20.0395

-11.0-14.9

166-25.3-43.2-43.1-24.2-10.4-10.9-5.8-1.7

6.7-18.9-25.0-18.5-13.4-8.1-1.6-6.6-8.0

-15.9-20.0-19.4-20.4-20.7-28.8-30.4-20.1-38.3-20.5-6.3-8.9

Capitalcon-

sump-tion

adjust-ment

-1.010

-.7-.4

.3

23-2.8-3.0

29-2.9-3.2

30-2.4

16-.3

-1.112

-1.2-.8

2

3'.13.94.45.25.55.55.35.95.04.25.55.61.7

-6.6-10.2-9.0

-10.9-13.5-15.5-13.1-7.517.132.156.750.946.340.924.3

-2.824.441.858.746.846.146.146.446.743.942.741.036.131.527.3

.21.516.8

Netinter-est

1.41.31.31.11.01.0.7.8.9

1.0.9

1.11.21.31.61.61.82.22.73.13.54.04.54.85.36.17.48.8

10.113.217.118.119.222.528.328.727.530.635.943.555.567.576.669.880.381.188.4

106.9125.8148.773.471.587.280.193.096.8

103.7110.5116.8118.0122.7128.5134.0140.4147.6152.9153.7

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


TABLE C-13.—Output, costs, and profits of nonfinancial corporate business, 1948-89

[Quarterly data at seasonally adjusted annual rates]

Year orquarter

194819491950195119521953195419551955195719581959I9601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985 !1986198719881989".1982: IV1983- IV1984: IV1985: IV1986: IV

1987: 1j|IIIIV

1988:1||IIIIV

1989:1IIIll

Gross domesticproduct of

nonfinancialcorporatebusiness

(billions ofdollars)

Currentdollars

138.9135.2153.6176.3184.0196.6193.5218.5233.6244.1238.0267.1277.6285.2311.1331.1357.7392.7430.2452.6499.7542.2560.4605.1671.8753.0812.8881.5995.5

1,126.11,274.11,417.41,540.81,738.41,782.21,914.22,146.72,267.12,367.12,520.72,731.32,903.51,779.42,012.52,201.82,309.42,408.7

2,439.52,488.62,556.22,598.4

2,648.12,705.92,754.92,816.4

2,842.72,887.22,936.2

1982dollars

538.9515.7570.4622.4637.3668.4650.8719.3747.0758.1725.2798.5820.8839.1904.8964.4

1,029.01,111.71,189.51,217.01,286.51,339.61,325.21,360.61,461.11,569.71,533.41,488.11,583.51,686.61,789.81,840.41,807.91,837.21,782.21,886.02,036.52,117.42,173.92,282.62,419.52,478.21,760.21,940.52,069.52,137.72,198.5

2,218.62,259.22,309.22,343.3

2,381.82,408.92,434.12,453.2

2,459.12,471.32,497.2

Current-dollar cost and profit per unit of output (dollars) 1

Totalcostand

profit8

0.258.262.269.283.289.294.297.304.313.322.328.335.338.340.344.343.348.353.362.372.388.405.423.445.460.480.530.592.629.668.712.770.852.946

1.0001.0261.0541.0711.0891.1041.1291.1721.0111.0371.0641.0801.096

1.1001.1021.1071.109

1.1121.1231.1321.148

1.1561.1681.176

Capitalconsump-

tionallow-anceswith

capitalconsump-

tionadjust-ment

0.019.022.021.022.023.024.026.025.027.029.032.030.031.031.030.029.029.028.029.031.032.034.038.040.041.042.050.062.065.068.073.082.095.109.125.123.118.119.123.123.123.128.131.120.118.120.124

.125

.124

.123

.122

.122

.122

.122

.124

.125

.126

.129

Indi-rectbusi-nesstax,etc.8

0.025.027.027.026.028.029.029.029.030.031.033.033.035.035.036.035.036.035.034.036.039.041.045.048.048.049.053.059.060.062.064.066.077.090.094.098.100.103.106.106.107.111.096.098.102.104.106

.106

.106

.107

.106

.106

.107

.108

.108

.110

.111

.112

Com-pen-

sationof

employ-ees

0.163.165.166.177.185.192.194.192.203.210.215.215.221.221.221.219.220.222.230.240.251.268.286.295.306.322.363.390.414.439.473.523.581.632.676.679.687.704.721.730.744.782.685.680.694.713.727

.731

.727

.726

.734

.732

.740

.746

.756

.768

.778

.783

Corporate profits withinventory valuation and

capital consumptionadjustments

Total

0.049.046.054.056.050.047.046.056.051.049.044.053.048.048.052.055.058.062.062.058.058.052.042.048.052.053.045.062.072.080.082.076.068.078.063.089.109.106.098.098.103.090.057.103.107.106.096

.094

.098

.103

.098

.102

.103

.102

.105

.096

.093

.091

Profitstax

liability

0.022.018.030.034.028.028.024.028.027.025.022.026.023.023.023.024.023.024.025.023.026.025.021.022.023.026.028.028.033.036.037.038.037.035.026.032.036.033.035.041.044.039.023.036.032.033.038

.038

.041

.044

.041

.041

.044

.044

.045

.045

.041

.038

Profitsaftertax*

0.027.028.024.022.022.020.022.028.024.024.022.027.024.025.029.031.034.038.037.035.032.027.021.026.029.027.018.034.038.044.044.038.031.044.037.057.073.073.064.058.059.051.034.066.075.072.058

.057

.057

.060

.057

.060

.059

.058

.061

.051

.053

.053

Netinterest

0.002.002.002.002.002.002.002.002.002.003.004.004.004.005.005.005.005.005.006.007.008.010.013.013.013.014.018.019.017.018.020.024.031.037.043.037.039.038.041.047.052.060.042.037.042.037.042

.044

.046

.048

.050

.050

.051

.053

.055

.057

.060061

Outputper hour

of allemploy-

ees(1982

dollars)

12.77113.24913.42313.83014.35014.96715.51915.86316.10816.30716.75316.77616.82617.29117.63218.06117.58217.99118.33718.65918.78318.64818.52418.64318.70419.21719.68219.99620.45620.90821.393

18.77019.42219.78420.11620.650

20.60520.82621.09021.176

21.38221.40121.46921.446

21.35621.36421.516

Compen-sation

per hourof all

employ-ees

(dollars)

2.7432.8452.9623.0553.1743.2753.4193.5173.7103.9164.2094.4944.8085.1095.3955.8216.3847.0177.6008.1978.8949.748

10.76911.77712.63513.03913.52814.06914.74615.25215.907

12.86613.20813.73514.34115.008

15.05615.14715.31915.535

15.64515.83316.02416.213

16.40716.62516.842

1 Output is measured by gross domestic product of nonfinancial corporate business in 1982 dollars.2 This is equal to the deflator for gross domestic product of nonfinancial corporate business with the decimal point shifted twoplaces to the left.3 Indirect business tax and nontax liability plus business transfer payments less subsidies.4 With inventory valuation and capital consumption adjustments.

Note.—In 1989, hours of labor input were redefined as hours at the work site rather than hours paid and all historical data relatingto labor input were revised.

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


TABLE C-14.—Personal consumption expenditures, 1940-89


Year orquarter

19401941194219431944194519461947194819491950195119521953195419551956195719581959

I96019611962196319641965.196619671968196919701971197219731974197519761977197819791980.198119821983198419851986198719881989 ".. .1982: IV1983: IV1984: IV1985: IV1986: IV1987:1

IIIllIV

1988- 1IIIllIV

1989:1IIIllIV ".

Personalcon-

sumptionexpendi-tures

71.080.888.699.5108.2119.6143.9161.9174.9178.3192.1208.1219.1232.6239.8257.9270.6285.3294.6316.3330.7341.1361.9381.7409.3440.7477.3503.6552.5597.9640.0691.6757.6837.2916.5

1,012.81,129.31,257.21,403.51,566.81,732.61,915.12,050.72,234.52,430.52,629.02,797.43,010.83,235.13,470.32,117.02,315.82,493.42,700.42,868.52,914.72,989.43,055.93,083.33,148.13,204.93,263.43,324.03,381.43,444.13,508.13,547.5

Durable goods

Total *

7.89.76.96.56.78.015.820.422.925.030.829.929.332.732.138.938.239.737.242.843.541.947.051.856.863.568.570.681.086.285.797.6111.2124.7123.8135.4161.5184.5205.6219.0219.3239.9252.7289.1335.5372.2406.0421.0455.2473.6263.8310.0346.7373.2422.0401.2419.2439.3424.5446.4454.6452.5467.4466.4471.0486.1471.0

Motorvehi-clesandparts

2.83.5.7.8.81.04.16.68.010.613.712.211.313.913.017.815.817.314.818.919.717.821.524.426.029.930.330.036.138.435.944.951.556.750.355.872.785.495.196.990.3100.5108.9130.4157.4179.1196.2195.5211.6214.0115.7144.4162.3173.8201.1179.9194.4211.3196.3210.3212.5208.4215.3211.7212.9225.6205.9

Furni-tureand

house-holdequip-ment

3.84.84.63.93.84.58.410.611.511.313.714.114.014.714.816.417.317.216.918.118.018.319.320.723.225.128.230.032.934.735.737.842.447.951.554.560.267.173.982.186.292.795.7107.1118.8129.9139.7149.1162.0173.799.1112.4122.7134.7143.8146.2147.7151.0151.4156.9162.2162.7166.1172.1173.5173.9175.2

Nondurable goods

Total »

37.042.950.858.664.371.982.790.996.694.998.2109.2114.7117.8119.7124.7130.8137.1141.7148.5153.2157.4163.8169.4179.7191.9208.5216.9235.0252.2270.3283.3305.1339.6380.9416.2452.0490.4541.8613.2681.4740.6771.0816.7867.3911.2942.0998.1

1,052.31,122.6786.6837.9879.6932.7952.1976.4994.3

1,006.01,015.41,022.21,042.41,066.21,078.41,098.31,121.51,131.41,139.1

Food

20.223.428.433.236.740.647.452.354.252.553.960.764.165.466.868.671.475.177.980.782.784.887.189.594.6101.0109.0112.3121.6130.5142.1147.5158.5176.1198.2218.7236.2255.9282.2317.3349.1376.5398.8421.9448.5471.6500.0529.2559.7595.0407.0430.8456.1482.5511.9521.3526.8531.7536.8542.5554.5567.8574.1587.3592.2598.1602.2

Cloth-ingandshoes

7.58.811.013.414.616.518.218.820.119.319.621.322.022.222.323.324.424.524.926.427.027.629.029.832.434.137.439.243.246.547.851.756.462.566.070.876.684.194.8102.2109.0119.9124.4135.1146.7156.4166.8177.2186.8199.9126.5141.1149.8160.6168.7173.4175.7178.9180.6180.8183.6188.9193.9195.0198.9202.2203.7

Gaso-lineandoil

2.32.62.11.31.41.83.44.04.85.35.56.16.87.47.88.69.410.210.611.312.012.012.613.013.614.816.017.118.620.521.923.224.428.136.139.743.046.951.366.183.792.789.190.290.090.673.575.276.883.589.891.989.091.066.071.775.576.876.774.376.978.377.677.989.585.281.4

Fueloilandcoal

1.51.71.92.02.02.22.53.03.43.13.43.53.53.43.53.83.94.14.24.03.83.83.84.04.14.44.74.84.74.64.44.65.16.37.88.410.111.112.015.818.019.418.617.517.818.516.617.619.520.218.218.116.819.716.016.417.617.718.819.319.419.619.718.719.619.922.8

Services

Total »

26.228.331.034.337.239.745.450.655.558.463.269.075.182.188.094.3101.6108.5115.7125.0134.0141.8151.1160.6172.8185.4200.3216.0236.4259.4284.0310.7341.3373.0411.9461.2515.9582.3656.1734.6831.9934.7

1,027.01,128.71,227.61,345.61,449.51,591.71,727.61,874.11,066.51,167.91,267.11,394.51,494.41,537.11,575.81,610.61,643.31,679.51,707.91,744.71,778.21,816.71,851.71,890.61,937.5

Hous-ing2

9.710.411.211.812.312.814.216.017.919.621.724.327.029.932.334.436.739.342.045.048.251.254.758.061.465.469.574.179.786.894.0102.7112.1123.1135.1148.4163.5182.4205.2231.1261.5295.6321.1344.1371.3403.0434.2467.7501.3534.0330.3353.8382.2416.2446.1454.9462.8471.3481.9490.8496.6505.0513.0520.2527.7538.4549.5

Householdoperation

Total i

4.04.34.85.25.96.46.87.58.18.59.510.411.212.112.714.215.416.317.418.720.321.222.423.625.026.528.230.132.335.037.740.945.249.655.463.572.381.790.9100.3113.9127.5143.4156.0166.9175.3179.6185.9197.6204.2148.0161.4169.3179.0180.9180.8186.6188.7187.5192.9194.9200.2202.4201.1202.3202.4210.9

Elec-tricityandgas

1.51.51.61.71.81.92.12.32.62.93.33.74.14.55.05.56.16.57.17.68.38.89.49.910.410.911.512.213.014.015.216.618.420.023.528.532.537.642.146.856.463.572.880.084.888.987.388.593.795.374.884.186.390.287.085.889.990.188.492.292.194.595.893.694.693.699.4

Trans-porta-tion

2.12.42.73.43.74.05.05.35.85.96.26.87.38.08.28.58.99.49.710.511.211.712.212.713.414.515.917.318.920.923.727.129.831.233.335.741.349.253.559.064.568.369.774.882.089.896.6106.5117.9126.871.177.684.592.199.8103.0105.2106.3111.4113.1117.4119.8121.5124.4125.6126.7130.7

Medi-calcare

2.22.42.72.93.33.64.65.66.36.56.97.48.39.310.210.811.712.814.015.316.417.519.421.024.125.928.331.135.740.946.151.857.864.472.484.295.9111.5125.1141.4164.2193.5217.8238.3265.3291.5318.4357.7398.3453.0226.9246.9275.3304.3330.9342.0353.3364.3371.1379.9391.3404.7417.4432.3445.1459.1475.3

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 C-15.—Personal consumption expenditures in 1982 dollars, 1940-89


Year orquarter

19401941194219431944194519461947194819491950195119521953195419551956195719581959 '...'.'.196019611962196319641965196619671968196919701971....197219731974197519761977197819791980198119821983198419851986198719881989 P.1982: IV1983: IV1984: IV1985: IV1986: IV

1987:1

in"'.;!;;;;IV

1988:1IIIllIV

1989:1IIIllIV

Personalcon-

sumptionexpendi-tures

502.6531.1527.6539.9557.1592.7655.0666.6681.8695.4733.2748.7771.4802.5822.7873.8899.8919.7932.9979.4

1,005.11,025.21,069.01,108.41,170.61,236.41,298.91,337.71,405.91,456.71,492.01,538.81,621.91,689.61,674.01,711.91,803.91,883.91,961.02,004.42,000.42,024.22,050.72,146.02,249.32,354.82,446.42,513.72,598.42,668.52,078.72,191.92,281.12,386.92,477.8

2,478.32,507.72,536.52,532.3

2,570.82,586.82,608.12,627.7

2,641.02,653.72,690.12,689.3

Durable goods

Total1

40.646.231.328.126.328.747.856.561.767.880.774.773.080.281.596.992.892.486.996.998.093.6103.0111.8120.8134.6144.4146.2161.6167.8162.5178.3200.4220.3204.9205.6232.3253.9267.4266.5245.9250.8252.7283.1323.1355.1384.4389.6413.6425.6262.0300.5333.1356.4397.5

376.1389.3403.8389.4

408.4414.8410.7420.5

419.3424.9436.4421.6

Motorvehi-clesandparts

18.620.68.47.77.17.415.221.825.532.741.336.334J39.940.651.545.345.840.847.449.244.651.056.459.067.568.567.477.380.473.586.498.3106.790.391.1109.6121.2125.9119.4103.8106.3108.9126.8148.0164.4176.2168.8179.2178.1115.0138.1151.6158.9178.4

158.7168.5181.0167.2

179.1180.9176.2180.6

176.1177.0188.4170.9

Furni-tureand

house-holdequip-ment

17.620.417.414.012.413.722.925.727.126.430.128.928.929.930.133.734.933.733.235.534.935.337.439.944.748.553.855.859.260.961.163.570.277.978.275.980.687.392.397.195.496.595.7106.1118.4131.0142.9152.3164.8177.298.4111.1122.7136.6147.7

149.1151.3154.1154.7

160.4165.4165.3168.0

174.8178.5177.4177.9

Nondurable goods

Total »

259.4275.6279.1284.7297.9323.5344.2337.4338.7342.3352.8362.9376.6388.2393.8413.2426.9434.7439.9455.8463.3470.1484.2494.3517.5543.2569.3579.2602.4617.2632.5640.3665.5683.2666.1676.5708.8731.4753.7766.6762.6764.4771.0800.2825.9847.4878.1890.4904.5915.7778.6812,7831.2858.3883.5

887.7889.0891.8892.9

896.6899.2910.3912.0

915.0909.7920.8917.5

Food

150.6158.3161.8166.3178.5193.0202.2193.9191.5193.6196.6202.5209.8217.7222.0231.3238.8243.5243.5252.1255.5259.7263.7266.5277.2290.4299.4304.0317.0324.3334.5335.9344.2340.8336.6346.4363.6377.1379.6387.5394.9392.5398.8414.0422.8435.5447.1452.7460.0462.9404.6418.2426.2441.0448.7

452.6451.2452.8454.1

456.3459.8461.9462.1

466.0461.4463.2460.7

Cloth-

3shoes

36.338.940.343.041.743.444.742.542.743.044.343.745.846.246.248.649.749.349.952.352.753.756.056.961.564.068.368.871.773.072.075.380.386.084.988.192.297.4107.1112.1114.8122.2124.4132.6142.2147.2157.4159.6161.3168.8126.2137.4143.5149.9158.0

159.6157.6161.2159.9

159.6157.1164.1164.6

165.0165.8173.3171.0

Gaso-lineandoil

17.219.214.59.29.512.522.724.125.727.929.031.534.136.037.140.342.844.446.548.950.751.053.254.757.460.263.966.070.675.279.983.687.091.787.289.893.496.4100.997.188.487.889.193.294.594.497.595.997.196.689.794.494.794.597.7

96.197.295.295.2

95.697.397.498.2

97.696.596.695.8

Fueloilandcoal

23.824.625.325.725.527.229.230.831.027.329.429.328.527.628.129.929.929.730.829.428.526.726.728.029.531.031.831.830.128.626.725.928.630.924.324.227.026.126.926.221.619.218.618.618.519.622.023.025.425.117.619.418.020.523.3

22.223.122.624.0

25.024.725.326.6

24.024.424.727.4

Services

Total1

202.7209.3217.2227.2232.9240.5262.9272.6281.4285.3299.8311.1321.9334.1347.4363.6380.1392.6406.1426.7443.9461.4481.8502.3532.3558.5585.3612.3641.8671.7697.0720.2756.0786.1803.1829.8862.8898.5939.8971.2991.9

1,009.01,027.01,062.71,100.31,152.31,183.81,233.71,280.21,327.21,038.11,078.61,116.81,172.21,196.8

1,214.51,229.51,240.91,250.0

1,265.91,272.81,287.01,295.2

1,306.71,319.01,332.91,350.3

Hous-ing*

53.656.058.159.861.962.667.272.876.580.986.191.997.5102.5107.1112.1117.1122.6127.7133.6139.8145.7153.0159.4166.1174.4181.7189.3197.9207.6216.1224.5235.5246.5258.6265.7273.2279.6292.8304.1312.5318.9321.1325.4333.0341.7348.2358.4366.1372.7322.1328.2335.8344.4351.0

354.7357.5359.6361.7

364.0365.6366.8368.0

369.6371.7373.6375.8

Householdoperation

Total l

32.432.033.431.231.532.435.137.639.040.143.846.247.048.950.555.559.361.263.365.768.770.974.477.080.583.987.791.995.199.3

102.2103.6108.6112.6112.8117.5122.3128.2134.0138.3142.6142.0143.4146.2148.8151.6151.9156.7164.1165.4143.1149.4148.9153.9153.3

153.2157.5158.6157.5

162.1162.4166.3165.7

163.4164.4164.5169.4

Elec-tricityandgas

7.17.37.98.28.69.210.311.712.813.715.617.619.020.422.424.226.428.029.531.232.934.637.138.840.842.744.947.449.752.454.455.858.559.860.263.365.568.170.771.173.172.072.874.275.477.576.578.882.881.971.676.975.779.177.6

76.680.080.178.7

82.181.884.083.3

80.781.481.084.3

Trans-porta-tion

17.719.721.926.929.231.035.935.335.133.232.433.233.434.233.334.235.636.235.436.837.938.239.641.243.445.548.351.454.758.159.862.166.067.868.469.472.677.880.282.977.473.369.771.475.982.186.289.694.598.369.172.678.083.887.4

88.089.390.190.8

92.593.995.296.2

96.397.198.8101.1

Medi-calcare

21.622.423.724.125.926.531.133.836.737.840.142.044.246.649.551.053.956.860.564.066.569.174.379.188.091.495.298.3105.2113.6120.4128.2136.0145.4151.3159.9167.8177.8184.8192.2200.6212.0217.8222.3232.0240.9251.5266.8278.2296.3220.7224.6235.7245.2256.5

261.0265.6269.1271.6

273.3275.6279.9283.9

289.0293.1298.1305.0

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 C-16.—Gross and net private domestic investment, 1929-89


Year or quarter

19291933193919401941194219431944 . .1945194619471948194919501951 .1952195319541955195619571958195919601961 ...196219631964196519661967196819691970197119721973 ...1974197519761977197819791980 ..198119821983198419851986198719881989 p

1982- IV1983: IV1984- IV1985: IV1986- IV1987:1

||IIIIV

1988:1||I I IIV

1989-1||IIIIV .

Grossprivate

domesticinvest-ment

16.71.69.5

13.418.310.36.27.7

11.331.535.047.136.555.160.553.554.954.169.772.771.163.680.278.277.187.693.199.6

116.2128.6125.7137.0153.2148.8172.5202.0238.8240.8219.6277.7344.1416.8454.8437.0515.5447.3502.3664.8643.1659.4699.9750.3777.1409.6579.8661.8654.1648.8673.1684.1692.8749.7728.8748.4771.1752.8769.6775.0779.1784.8

Less:Capital

consump-tion

allow-anceswith

capitalconsump-

tionadjust-ment

9.97.69.09.4

10.311.311.612.012.414.217.620.422.023.627.229.230.932.534.438.141.142.844.646.447.849.451.453.957.462.167.473.981.488.897.5

107.9118.1137.5161.8179.2201.5229.9265.8303.8347.8383.2396.6415.5437.2460.1486.7513.6552.2393.2400.8423.5446.9470.8476.9483.5490.6495.8504.7510.2515.2524.1533.0541.0565.2569.6

Equals: Net private domestic investment

Total

6.7-6.1

.54.18.0

-1.0-5.3

42-1.117.317.526.714.531.533.324.424.021.635.334.629.920.835.531.829.438.241.845.758.866.558.363.171.860.074.994.1

120.7103.457.898.4

142.5186.9189.1133.1167.764.1

105.7249.4205.9199.3213.2236.7224.9

16.4179.0238.3207.1178.0196.2200.6202.2253.8224.0238.2255.8228.6236.6234.0213.9215.2

Net fixed investment

Total

5.0-4.5

L93.5

-2.7-4.7

32-.110.917.922.017.624.623.121.323.623.329.629.928.522.329.828.727.032.135.940.348.952.348.055.262.056.967.283.6

101.187.963.482.4

121.3158.3176.1141.5143.788.7

112.8181.7194.5192.4183.9206.0195.576.3

148.0193.3199.9190.2170.8181.9192.6190.5194.0208.9211.2210.0208.9206.6186.5180.0

Nonresidential

Total

3.3-3.5

.72.0

-2.1-3.1-1.3

1.76.9

10.711.88.7

10.311.610.111.910.213.215.615.99.6

12.113.411.914.916.020.329.335.832.334.239.836.834.540.556.255.837.540.958.682.298.988.998.665.545.891.1

102.175.365.588.1

Struc-tures

1.8-1.7-1.1-.8

-~L7-2.4-1.9

102.41.92.52.22.83.93.84.85.05.97.97.96.36.47.37.38.07.99.4

13.215.214.415.117.417.416.817.421.722.015.616.017.625.034.539.451.745.925.939.345.827.517.018.7


1.4-1.8

1.52.3

5-.7

.52.84.58.79.36.57.57.76.47.15.27.37.78.13.25.76.14.66.98.1

10.916.120.718.019.022.419.417.723.134.433.721.924.841.057.264.549.546.919.619.951.856.347.848.569.5

Resi-dential

1.7-1.0

.81.21.5

6-1.6-1.9-1.8

4.07.3

10.28.9

14.411.511.211.713.016.414.412.612.717.715.415.117.219.920.019.616.515.721.022.220.132.743.145.032.225.941.662.676.177.252.645.023.267.090.692.4

117.1118.5117.9

Change inbusiness

inven-tories

1.7-1.6

2.24.51.8

-.6-1.0-1.0

6.4-.54.7

-3.16.8

10.23.1

.4165.74.61.4

-1.55.83.12.46.15.85.49.9

14.210.37.99.83.17.8

10.519.615.4

-5.616.021.328.613.0

-8.324.0

-24.5-7.167.711.36.9

29.330.629.4

-59.931.045.0

7.2-12.2

25.418.89.5

63.330.029.344.618.727.727.427.435.2



TABLE C-17.—Gross and net private domestic investment in 1982 dollars, 1929-89


Year or quarter

19291933193919401941 .. . .19421943 . .1944194519461947194819491950.195119521953195419551956195719581959I96019611962196319641965196619671968...196919701971197219731974197519761977197819791980198119821983198419851986198719881989".1982: IV1983: IV1984: IV1985: IV1986: IV1987:1

I I .IllIV

1988:1||I I IIV

1989: 1IIIllIV

Grossprivate

domesticinvest-ment

139.222.786.0

111.8138876.750.456.476.5

178.1177.9208.2168.8234.9235.2211.8216.6212.6259.8257.8243.4221.4270.3260.5259.1288.6307.1325.9367.0390.5374.4391.8410.3381.5419.3465.4520.8481.3383.3453.5521.3576.9575.2509.3545.5447.3504.0658.4637.0639.6674.0715.8724.5408.8577.2655.7648.0615.2646.3656.7671.7721.1707.0713.5733.6709.1721.1719.8724.6732.7

Less:Oanitalcapital

consump-tion

allow-anceswith

capitalconsump-

tionadjust-ment

86.886.584.484.986.386.985.784.885.488.091.896.8

101.7106.5111.8117.0122.1127.4132.6138.3143.5147.7151.9156.3160.6165.1170.3176.3183.7192.2201.1209.8219.8229.8239.5253.4263.6276.1287.0297.3309.6323.7341.3356.1369.7383.2394.4407.2426.7443.4460.8480.2508.4390.0397.9413.5435.3450.0454.2458.6463.0467.6472.4477.5482.7488.1493.5498.9518.6522.5

Equals: Net private domestic investment

Total

52.4638

1.626.952.5

-10.2-35.3-28.4-8.990.186.1

111.467.1

128.4123.394.894.485.2

127.2119.599.973.7

118.4104.198.4

123.5136.8149.6183.4198.3173.4181.9190.5151.8179.8212.1257.1205.396.3

156.2211.7253.3234.0153.2175.864.1

109.6251.2210.3196.2213.1235.6216.2

18.8179.3242.2212.7165.2192.1198.1208.7253.5234.5236.0250.8221.0227.6220.8206.0210.2

Net fixed investment

Total

41.6-53.0-2.312.524.7

-22.1-36.0-23.3

62^287.199.176.7

104.292.584.891.790.0

110.9106.596.977.1

101.996.491.2

107.3120.1133.9158.1161.4144.6160.9165.3143.6160.2190.3217.1172.0109.1134.1182.6216.5218.9160.1152.088.7

116.0188.9201.2190.7189.4207.7191.678.0

152.3200.5205.0186.0174.0184.8201.9197.0200.3214.5213.4202.6203.1201.8184.1177.6

Nonresidential

Total

26.2402

-10.11.5

12.0-17.5

244-10.5

10.539.552.654.337.943.346.941.747.040.449.954.951.731.538.541.437.346.449.263.390.4

106.393.696.1

103.189.376.185.3

116.5106.960.861.885.2

111.6124.3101.3105.565.550.4

103.3116.185.688.1

109.8

Struc-tures

16.8-24.3

120-8.5

35-15.9-20.7-15.2-8.315.411.714.312.715.718.818.822.924.427.732.530.724.825.027.928.130.329.134.046.250.445.946.749.746.140.439.846.842.527.927.328.737.244.847.256.045.926.239.841.920.010.810.1


9.41601.9

10.015.6

-1.6384.7

18.824.140.940.025.227.628.122.924.116.022.222.420.96.6

13.613.69.3

16.020.129.244.255.847.749.353.443.335.745.569.864.432.934.656.574.379.554.149.419.624.163.574.265.677.299.8

Resi-dential

15.41287.8

11.112.7

-4.6115

-12.8-11.0

22.734.544.838.960.945.643.244.749.660.951.645.245.663.455.053.861.070.970.667.755.150.964.862.254.284.1

105.0100.665.148.372.297.4

104.994.658.746.523.265.685.685.1

105.1101.397.9

Change inbusiness

inven-tories

10.81073.9

14.427.812.0

-5.284

27.910

12.3-9.724.230.810.02.8

-4.816.312.93.0

-3.416.57.77.3

16.216.615.725.236.928.821.025.18.2

19.621.840.033.3

-12.822.129.136.815.0

-6.923.9

-24.5-6.462.39.15.6

23.727.924.559.327.041.77.7

20.818.113.36.8

56.634.321.537.518.324.519.121.932.6



TABLE C-18.—Inventories and final sales of business, 1946-89

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

Quarter

Fourth quarter:1946 ...194719481949

19501951195219531954 ....1955 „1956195719581959

1960.~19611962 ...„19631964 .19651966196719681969

1970 .197119721973197419751976197719781979

1980198119821983198419851986198719881989"

1982: IV1983- IV1984: IV1985: IV1986- IV .1987:1

||IIIIV

1988- 1||IllIV

1989:1||IIIIV*

Inventories »

Total2

71.080.385.677.5

96.7109.4108.6109.6107.3114.6123.4127.0126.2131.7

135.5137.2143.8149.6155.3169.1185.2197.4211.8232.4

240.3257.8285.6352.6423.3428.8463.3505.7588.2674.8

739.3789.0771.5787.2858.2863.5853.3920.7

1,004.01,055.3

771.5787.2858.2863.5853.3

868.4884.9895.2920.7

937.8962.0985.3

1,004.0

1,026.61,033.91,041.81,055.3

Farm

19.621.019.316.7

22.524.923.322.021.219.919.921.222.622.1

23.323.825.225.724.528.027.427.929.131.8

31.135.444.365.562.464.360.259.373.780.7

84.581.679.279.480.971.566.369.275.780.079.279.480.971.566.3

67.570.068.169.2

71.075.077.675.7

78.277.477.580.0

Nonfarm

Total2

51.459.366.360.8

74.284.535.387.686.194.7103.5105.8103.7109.6

112.2113.4118.6123.8130.9141.0157.8169.5182.6200.6

209.2222.4241.3287.1360.9364.5403.1446.4514.5594.1

654.8707.4692.2707.8777.3792.1787.0851.5928.3975.3

692.2707.8777.3792.1787.0

800.9814.9827.0851.5

866.7887.0907.7928.3

948.4956.5964.3975.3

Manu-facturing

24.629.032.228.6

34.943.144.046.043.948.354.054.352.755.2

56.257.260.362.265.970.780.987.594.0103.4

105.8107.3113.6136.1177.0177.8194.9210.6238.4281.1310.7330.2316.1315.9343.4333.5321.1340.8368.6384.2

316.1315.9343.4333.5321.1

322.6325.7332.3340.8

347.7354.9360.8368.6

376.5378.2382.9384.2

Whole-saletrade

10.411.112.512.5

14.715.615.615.816.117.618.919.219.321.0

21.321.822.423.925.226.930.332.734.637.9

41.745.250.059.475.676.286.196.2113.8133.7

154.8164.7162.2163.8177.5181.0184.1198.0218.6228.1162.2163.8177.5181.0184.1

187.0190.5191.5198.0

204.9210.1215.7218.6

221.6223.8225.4228.1

Retailtrade

12.814.516.615.4

19.219.719.420.020.222.823.725.025.126.2

27.527.028.329.631.033.736.236.940.744.5

45.852.357.766.474.674.782.793.3107.8117.0122.7134.0134.7148.2166.7180.9185.5208.0223,7237.3

134.7148.2166.7180.9185.5193.2199.3201.4208.0

207.1212.5218.2223.7

229.0231.3231.7237.3

Other

3.24.14.53.9

4.95.55.65.25.35.46.26.66.67.2

7.27.47.58.08.89.810.412.413.314.9

16.017.619.925.233.735.839.446.354.562.366.778.579.279.989.696.696.3104.7117.4125.879.279.989.696.696.398.299.4101.9104.7

107.0109.5113.0117.4

121.2123.3124.4125.8

Finalsales 3

15.818.419.819.7

21.824.926.427.528.030.231.933.334.336.2

37.539.541.844.547.152.155.358.864.868.8

72.478.987.796.8104.6117.1128.5143.9165.1183.2201.1217.8229.5247.0268.8290.3305.6325.9354.4374.6

229.5247.0268.8290.3305.6

308.9316.0323.3325.9

333.1341.0345.8354.4

360.0366.6371.8374.6

Inventory-finalsales ratio

Total

4.484.364.333.944.444.404.113.983.843.803.873.823.683.64

3.613.473.443.363.303.243.353.363.273.38

3.323.273.263.644.053.663.603.513.563.683.683.623.363.193.192.972.792.832.832.82

3.363.193.192.972.79

2.812.802.772.83

2.822.822.852.83

2.852.822.802.82

Non-farm4

3.243.223.353.09

3.413.403.233.183.083.143.243.183.023.03

2.992.872.842.782.782.702.852.882.822.91

2.892.822.752.973.453.113.143.103.123.243.263.253.022.872.892.732.572.612.622.603.022.872.892.732.57

2.592.582.562.61

2.602.602.622.62

2.632.612.592.60

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 GNP. 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 Beginning 1959, inventories of construction establishments are included in "other" nonfarm inventories. Prior to 1959, they areincluded in total and total nonfarm inventories, but not in the detailed categories shown.3 Quarterly totals at monthly rates. Business final sales equals final sales less gross product of households and institutions,government, and rest of the world, and includes a small amount of final sales by farms.4 Ratio based on total business final sales, which 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 1972 Standard IndustrialClassification (SIC) beginning 1948 and on the 1942 SIC prior to 1948.



TABLE C-19.—Inventories and final sales of business in 1982 dollars, 1947-89

[Billions of 1982 dollars, except as noted; seasonally adjusted]

Quarter

Fourth quarter:194719481949. ..1950195119521953195419551956195719581959I960196119621963196419651966196719681969197019711972197319741975197619771978 .197919801981198219831984198519861987.19881989 *

1982: IV1983: IV1984- IV1985: IV1986: IV1987- 1

IIIllIV

1988- 1||IllIV

1989: 1IIIllIV '

Inventories 1

Total2

251.3263.5253.9278.1308.9318.9321.6316.9333.2346.1349.1345.7362.2370.0377.2393.4410.1425.8451.0487.9516.6537.7562.8571.1590.7612.4652.5685.7673.0695.1724.2761.0776.0769.1793.0768.4762.0824.2833.3838.9862.6890.5915.0768.4762.0824.2833.3838.9843.4846.8848.5862.6871.2876.5885.9890.5896.6901.4906.8915.0

Farm

43.345.444.447.751.554.654.355.956.053.754.957.358.159.460.863.565.864.066.366.167.768.269.069.873.475.981.481.382.679.177.277.882.477.882.681.274.979.475.272.870.667.871.381.274.979.475.272.872.271.970.470.672.171.171.267.869.769.671.071.3

Nonfarm

Total*

208.0218.1209.5230.4257.4264.3267.4260.9277.1292.4294.2288.4304.2310.5316.5329.9344.2361.8384.7421.7449.0469.4493.8501.2517.3536.6571.0604.5590.3616.1647.0683.2693.6691.4710.3687.2687.2744.8758.2766.1792.0822.7843.7687.2687.2744.8758.2766.1771.2774.9778.1792.0799.0805.4814.7822.7826.9831.8835.8843.7

Manu-facturing

105.1108.6102.9109.8133.2139.0142.7135.0142.5153.2152.1146.8153.5154.7158.8167.2172.6180.9191.6213.6229.2239.0248.5248.3246.1251.7267.9288.5281.9294.0301.9314.1324.7326.8330.3315.2309.3330.0320.6315.5318.8327.3334.5315.2309.3330.0320.6315.5314.1313.2315.5318.8321.8322.8324.3327.3328.3330.4333.4334.5

Whole-saletrade

39.942.742.847.649.050.050.451.154.856.656.056.060.761.863.165.068.972.676.585.190.793.598.9

105.8110.7114.0118.4128.4124.0131.2140.5151.6156.1161.6165.0161.5157.9171.0174.3180.6185.0193.5196.7161.5157.9171.0174.3180.6181.1181.5180.4185.0189.9190.6193.0193.5192.9194.0194.6196.7

Retailtrade

39.643.742.849.549.649.650.851.257.157.859.859.461.965.264.267.570.373.479.284.384.290.596.496.6

107.2114.0122.1121.1115.9122.3130.9139.1136.7130.4135.5132.9142.4157.8169.1171.2186.4193.6199.4132.9142.4157.8169.1171.2176.6180.5181.5186.4184.4187.4190.7193.6195.7196.4196.0199.4

Other

23.523.121.123.425.625.823.523.622.724.826.326.328.128.830.330.132.434.937.438.745.046.550.050.553.256.962.666.468.668.573.778.476.172.779.577.677.586.094.198.8

101.7108.2113.077.677.586.094.198.899.499.7

100.7101.7103.0104.6106.7108.2110.0111.0111.9113.0

Finalsales3

74.877.177.382.690.493.998.097.7

102.5104.7105.9107.7111.4114.1118.7123.4130.4136.3147.7150.2156.4163.7165.4166.8172.6185.4188.9184.3191.5199.3209.0221.5225.6225.3224.6226.1235.5248.4261.2269.7279.0291.9297.8226.1235.5248.4261.2269.7270.3274.1278.3279.0283.5287.7288.5291.9294.3296.8298.6297.8

Inventory-finalsales ratio

Total

3.363.423.283.373.423.403.283.243.253.313.303.213.253.243.183.193.143.123.053.253.303.283.403.423.423.303.453.723.513.493.473.443.443.413.533.403.243.323.193.113.093.053.073.403.243.323.193.113.123.093.053.093.073.053.073.053.053.043.043.07

Non-farm4

2.782.832.712.792.852.812.732.672.702.792.782.682.732.722.672.672.642.652.602.812.872.872.983.003.002.893.023.283.083.093.103.083.083.073.163.042.923.002.902.842.842.822.833.042.923.002.902.842.852.832.802.842.822.802.822.822.812.802.802.83

1 Inventories at end of quarter. Quarter-to-quarter changes calculated from this table are at quarterly rates, whereas the constant-/4/\ll<lr *han/1A in KnpInA** IrxutntArl/u. jwimn^nAn* A( PUD i« »».t+/<w4 »» nnnnnl ro*<u>

2 Beginning 1959, inventories of construction establishments are included in "other" nonfarm inventories. Prior to 1959, they areincluded in total and total nonfarm inventories, but not in the detailed categories shown.3 Quarterly totals at -monthly rates. Business final sales equals final sales less gross product of households and institutions,government, and rest of world, and includes a small amount of final sales by farms.4 Ratio based on total business final sales, which 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 1972 Standard IndustrialClassification (SIC) beginning 1948 and on the 1942 SIC prior to 1948.



TABLE C-20.—Foreign transactions in the national income and product accounts, 1929-89


Year or quarter

19291933193919401941194219431944194519461947194819491950195119521953195419551956195719581959 ..19601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982 .1983198419851986198719881989"1982- IV1983: IV1984: IV1985: IV1986- IV1987-1

||I I I .IV

1988:1||Il lIV

1989- 1IIIllIV

Receipts from foreigners

Total

7.12.44.65.46.15.04.65.57.4

15.220.317.516.414.519.819.218.118.821.125.228.224.425.029.931.133.135.740.542.946.649.554.860.469.873.182.1

114.1149.5161.3177.7191.6227.5292.4352.1383.9361.9352.5383.5370.9396.5448.6547.7624.4335.9364.7385.7369.2402.4416.5437.4458.0482.6521.6532.5556.8579.7605.6626.1628.5637.3

Exports of goods andservices

Total

7.12.44.65.46.15.04.65.57.4

15.220.317.516.414.519.819.218.118.821.125.228.224.425.029.931.133.135.740.542.946.649.554.860.468.972.481.4

114.1151.5161.3177.7191.6227.5291.2351.0382.8361.9352.5383.5370.9396.5448.6547.7624.4335.9364.7385.7369.2402.4416.5437.4458.0482.6521.6532.5556.8579.7605.6626.1628.5637.3

Mer-chan-dise

5.31.73.34.14.53.42.93.654

11.816.113.312.210.214.213.412.412.914.417.619.616.416.520.520.921.723.326.727.830.732.235.338.344.545.651.773.9

101.0109.6117.5123.1144.7183.3225.1238.3214.0206.1224.1220.8224.4255.1322.0369.5196.3215.6228.0217.7230.4234.2245.4261.9278.9305.0314.4327.5341.0358.7372.1370.4376.9

Serv-ices

1.7.7

1.31.31.61.6171.9213.44.24.34.14.35.55.85.75.96.77.68.78.08.59.4

10.111.412.313.815.115.817.319.522.124.426.829.640.250.551.760.268.682.8

107.9125.9144.5148.0146.4159.4150.1172.0193.5225.7254.8139.6149.1157.7151.5172.0182.3192.0196.1203.7216.6218.1229.3238.6246.9254.0258.1260.4

Capitalgrants

receivedby theUnitedStates(net)

0.9

'.102000001.11.21.10000000000000000000000000

Payments to foreigners

Total

7.12.44.65.46.15.04.65.57.4

15.220.317.516.414.519.819.218.118.821.125.228.224.425.029.931.133.135.740.542.946.649.554.860.469.873.182.1

114.1149.5161.3177.7191.6227.5292.4352.1383.9361.9352.5383.5370.9396.5448.6547.7624.4335.9364.7385.7369.2402.4416.5437.4458.0482.6521.6532.5556.8579.7605.6626.1628.5637.3

Imports of goods andservices

Total

5.92.13.43.74.74.86.57.27.97.38.3

10.69.8

12.315.316.016.816.318.119.920.921.123.524.023.926.227.529.633.239.142.149.354.760.566.178.297.3

135.2130.3158.9189.7223.4272.5318.9348.9335.6358.7442.4448.9493.8561.2621.3675.2321.9390.5453.6472.4511.3522.5551.8573.4597.2604.3607.5623.0650.5659.6676.6673.6691.1

Mer-chan-dise

4.51.52.42.73.42.73.43.83.95.16.07.66.99.1

11.210.811.010.411.512.813.313.015.315.215.116.917.719.422.226.327.833.936.840.946.656.971.8

104.599.0

124.3151.9176.5211.9247.5266.5249.5271.3334.3340.9367.8412.4449.0482.2239.9298.3342.7361.4381.8386.8403.5422.4436.9439.0439.5448.8468.8469.8480.0482.2496.8

Serv-ices

1.5.6

1.01.01.32.13.13.44.02.32.43.02.93.24.15.25.85.96.67.17.68.18.28.88.89.39.7

10.211.012.714.415.417.919.619.521.325.530.731.334.637.946.960.571.482.486.187.3

108.2108.0126.1148.8172.3193.0

82.092.2

110.9111.0129.5135.6148.3150.9160.2165.3168.0174.2181.6189.8196.6191.4194.3

Transfer payments(net)

Total

0.4.2.2.2.2.2.2.3.8

2.92.64.55.64.03.52.52.52.32.52.42.32.32.32.42.72.82.93.03.03.13.33.23.23.53.94.14.14.64.95.45.15.66.27.77.59.09.5

12.315.115.914.314.715.510.613.417.016.916.612.613.113.018.413.511.713.620.213.812.515.719.9

Frompersons

(net)

0.3

.'2

.2

.2

.1

'A.5.7.7.7.5.4.4.4.5.5.4.5.5.4.4.4.5

.6

.7

.7

.7

.9

.91.01.21.21.11.31.01.01.0.9.9

1.01.11.01.31.01.51.71.91.91.91.71.11.21.61.42.12.01.92.01.82.11.51.91.92.21.41.61.6

Fromgovern-

ment(net)

0.0.0.0.0.0.1

-'.1.4

2.32.03.95.13.63.12.12.01.82.11.91.81.81.91.92.22.32.32.32.32.42.42.32.22.32.72.92.93.64.04.44.24.75.26.56.57.88.5

10.713.413.912.412.913.79.5

12.215.515.514.510.611.211.016.711.410.211.718.211.511.114.118.2

Interestpaid bygovern-ment to

foreigners

0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.1

'.1.1.2.2.1.3.3

'.3.4.5

.5

.6

.7

.81.01.82.73.84.34.54.55.58.7

11.112.616.918.317.819.821.322.624.129.133.418.918.321.221.522.923.823.923.924.626.628.430.231.132.534.433.932.8

Netforeigninvest-ment

0.8.2

1.01.51.3

-111-2.0-1.3

4.99.32.4

.9-1.8

.9

.6-1.3

.2

.42.84.8

.9-1.2

3.24.23.84.97.56.23.83.51.61.74.81.3

-2.98.85.4

21.69.0

-8.7-10.1

2.613.010.6

-1.0-33.5-90.9

-114.41358

-150.9-117.5-99.8-15.4-57.4

-106.1-141.6-148.5-142.4-151.4-152.2-157.6-122.8-115.0-109.9-122.0-100.3-97.5-94.8

-106.5



TABLE C-21.—Exports and imports of goods and services in 1982 dollars, 1929-89

[Billions of 1982 dollars,- quarterly data at seasonally adjusted annual rates]

Year orquarter

19291933193919401941194219431944.194519461947194819491950195119521953 '....19541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985 . .1986198719881989 ".1982: IV1983: IV1984: IV1985: IV1986: IV1987:1

III l lIV

1988:1IIIllIV

1989:1||IIIIV...

Exports of goods and services

Total

42.122.736.240.042.029.125.127.335.269.082.366.265.059.272.070.166.970.076.987.994.982.483.798.4

100.7106.9114.7128.8132.0138.4143.6155.7165.0178.3179.2195.2242.3269.1259.7274.4281.6312.6356.8388.9392.7361.9348.1371.8367.2397.1450.9530.1587.6336.0355.5376.6367.4406.5418.7439.5461.3484.1517.4519.7531.9551.4569.7587.5593.1600.2

Merchandise

Total

29.715.926.530.531.719.515.216.424.054.165.549.148.442.251.149.046.448.853.261.866.656.656.168.869.172.277.687.788.294.096.5

104.9110.0120.6119.3131.3160.6175.8171.5177.5178.1196.2218.2241.8238.5214.0207.6223.8231.6245.9285.7344.3386.9199.1214.4231.9231.9257.2261.4275.0294.5311.7335.6339.0344.1358.6372.5386.9390.6397.6

Dura-ble

goods

12.34.5

13.318.920.213.410.511.012.623.134.424.524.121.023.825.325.826.930.334.437.231.030.537.938.039.842.148.250.053.658.864.869.574.372.980.099.3

113.9112.1112.9111.2121.9136.6150.0143.8121.9119.6132.3143.7157.6185.8234.0265.3110.8126.3138.2143.8163.8168.0176.7191.1207.6225.4228.2234.2248.0254.0262.8272.3272.2

Non-dura-ble

goods

17.511.413.111.611.66.14.85.4

11.331.031.124.624.221.327.323.720.621.922.927.429.425.625.630.931.132.435.539.538.240.437.740.140.546.346.451.361.362.059.564.766.974.381.691.994.692.188.091.587.988.399.8

110.4121.688.388.193.788.293.393.598.3

103.4104.1110.2110.8109.9110.5118.5124.1118.3125.4

Services

Total

12.36.89.89.4

10.39.69.8

10.911.214.916.917.116.717.020.921.220.521.223.726.128.325.827.629.631.634.737.141.143.844.447.150.855.057.659.964.081.793.388.296.8

103.6116.4138.6147.1154.3148.0140.5148.0135.6151.2165.2185.8200.7136.9141.1144.7135.4149.3157.3164.5166.8172.3181.8180.6187.8192.8197.2200.6202.5202.6

Factorin-

come l

7.63.75.24.65.24.84.64.94.85.67.28.58.29.1

10.911.311.011.613.014.114.813.214.015.716.918.520.021.823.222.823.826.329.029.630.533.946.253.545.649.753.563.286.691.496.391.685.092.680.075.681.194.7

104.883.088.289.579.571.675.779.682.087.192.790.895.3

100.0104.0106.1103.9105.3

Other

4.83.14.54.85.14.95.26.06.59.49.78.68.57.9

10.09.99.59.6

10.712.013.512.613.513.914.716.217.219.320.621.623.324.526.028.029.430.135.439.842.647.150.153.252.055.757.956.355.555.455.675.684.191.195.953.852.955.255.977.781.684.984.885.389.189.892.592.893.294.598.697.3

Imports of goods and services

Total

37.424.230.131.738.236.948.051.154.142.039.947.146.254.657.463.369.767.576.983.687.992.8

101.9102.4103.3114.4116.6122.8134.7152.1160.5185.3199.9208.3218.9244.6273.8268.4240.8285.4317.1339.4353.2332.0343.4335.6368.1455.8471.4526.9566.6605.0643.9324.3401.6471.4492.6541.9536.9555.4580.2593.9595.6592.3606.9625.2624.6638.7650.2662.0

Merchandise

Total

29.319.224.025.629.421.025.026.526.030.029.333.933.340.940.441.944.642.148.353.656.158.168.067.569.078.981.286.397.0

109.1113.0135.7144.6150.9166.2190.7218.2211.8187.9229.3259.4274.1277.9253.6258.7249.5282.2351.1367.9413.7440.5467.1496.3242.7311.6364.2387.8428.7420.3428.9452.5460.4460.1456.5468.3483.4477.4487.5504.3515.9

Dura-ble

goods

7.44.06.98.8

11.06.76.56.76.97.87.89.48.9

11.511.513.013.711.914.716.817.116.922.821.721.124.826.229.035.644.048.061.765.666.874.484.488.989.272.488.599.3

113.7115.7116.1126.1125.3150.4201.6218.7242.6261.8280.8300.8117.1172.5211.4226.8250.0249.8255.9264.8276.8275.6274.5281.8291.3290.7296.1303.8312.4

Non-dura-ble

goods

22.015.217.016.818.414.318.519.719.122.221.524.524.429.528.928.930.930.333.536.839.041.345.345.847.954.055.057.461.465.265.074.079.084.191.8

106.4129.4122.5115.5140.8160.1160.4162.2137.5132.6124.2131.9149.5149.3171.1178.7186.3195.5125.6139.1152.8161.0178.8170.5173.1187.7183.6184.5182.1186.6192.1186.7191.4200.5203.4

Services

Total

8.04.96.16.28.8

15.823.024.628.212.010.613.113.013.617.121.425.125.428.630.031.834.633.834.934.335.535.436.537.743.047.549.655.257.452.753.955.656.652.956.157.765.375.378.484.786.185.8

104.7103.5113.2126.1137.9147.681.690.1

107.2104.8113.2116.7126.4127.7133.5135.5135.8138.5141.9147.2151.1145.9146.1

Factorin-

come *

2.61.32.22.01.91.71.92.12.51.92.12.32.62.83.12.93.13.33.63.43.43.74.04.64.84.65.15.66.27.07.58.6

12.012.59.8

10.213.917.716.316.716.121.130.835.941.140.537.148.743.145.154.566.677.735.139.747.441.945.747.754.356.259.861.465.268.271.475.780.976.977.3

Other

5.43.b4.04.16.9

14.221.222.525.710.18.5

10.810.410.814.018.421.922.125.026.628.430.929.830.329.630.930.330.931.636.040.041.043.245.042.943.741.738.936.639.341.644.244.542.443.645.748.756.060.468.171.571.369.946.550.359.862.967.468.972.171.573.774.170.570.370.471.670.269.068.9

1 Factor income exports less factor income imports equals rest-of-the-world product.Source.- Department of Commerce, Bureau of Economic Analysis.


TABLE C-22.—Relation of gross national product, net national product, and national income, 1929-89


Year or quarter

19291933193919401941194219431944194519461947194819491950....19511952.1953195419551956195719581959I96019611962196319641965196619671968...196919701971197219731974....197519761977197819791980198119821983198419851986198719881989"1982: IV1983- IV1984: IV1985- IV1986: IV1987- 1

IIIllIV

1988: 1||IIIIV

1989- 1III l lIV


103956.0913

1004125.515901927211.42134212.42352261.626042883333.43516371.637254059428245104568495851535338574660696498705.17720816489279639

1,015.51 1027121281359314728159841,782 819905224972,508 227320305263,166 034057377224,014 9423164,524 3488065,233 23,212.5354583,851.8410794,297 3438884,475 9456664,665 84,739.848385492695017351131520175,281.05,337 0

Less:

consump-tion

allowanceswith

capitalconsump-

tionadjustment

997.69094

10.311311612.012414.217620.422023627.229230932534438141 1428446464478494514539574621674739814888975

107911811375161817922015229926583038347838323966415543724601486751365522393240084235446947084769483549064958504.751025152524153305410565.25696

Equals:Net

nationalproduct

940484823911

115314771811199.42010198.2217624122384264630623225340734003715390140994140451246894861525255555959647770997490818788259266

100511 1048l'24l'21335414366I'eos'e17890201982242424281270482782830091335683577637715403764367 1468102,819 33 1450342833661038265391193992'440760417004,235 143282441174493245801466084,715.747674

Indirectbusinesstax andnontaxliability

717.194

10111.311812.814.215517.118420.121323425.327729729632235037438641745.348051554658762.565270178786.394.0

1034111 112081290140015171657178 1189421332515258.828263139333.63489367.839354167264.52941322.73383353.1357936453721376.6384.339013970402740774134421.5424.2

Less:

Busi-ness

transferpay-

ments

06.754.555

5.56.788.9

10121 112141516182.0202124272.83031343.94.14449555874798693

10.312112414.316018722.024626.729031.815.216520.023025.526326.626827.128.028729430130831532.232.9

Statis-tical

discrep-ancy

15121714

77

172.740

718

-1388

27182627181912

115

-2812

06

-14-1.2

214

11-3.9-1.1

1816

-43172536

019

-104941

_.l5254

-4.818

-4.796

-2346.825

-2.179

-9612

-23105

-74-13.1

186

-166241

-183-25.5

Plus:CnhciHioc

lesscurrentsurplus

ofgovern-

mententer-prises

02044111

.6792

_ 131

_ 13

- 53077

1 114

17181 1171.62516141.92.926373512241.030393.557678.7

141997.2

12817.61859.1

15.41968.453

15.624112872

26217.6240118204195155-.31.8

Equals:Nationalincome

84739.4712796

102813621697182.61816180.71966221.521522398277.32916306.63063336.33563372.83750409.2424.94390473.35003537.6585.2642.06777739.1798.1832.689819941

1,122.71,203 5128911,441.41,617.81,838 22,047.32,203.52,443 52,518.42,719.53,028.63,234.03,412.63,665.43,972 64,265.02,548.22,851.53,096.13,312.83,473.1355053,616.43,694 83,799.93,853.63,933.6400574,097.4418524,249.64,287.3



TABLE C-23-—Relation of national income and personal income, 1929-89


Year or quarter

19291933193919401941194219431944 ...1945194619471948194919501951195219531954 ...1955195619571958195919601961196219631964196519661967196819691970...1971197219731974...19751976...197719781979 ...1980198119821983198419851986 ... .198719881989 *1982: IV1983: IV1984: IV1985- IV1986- IV. ...1987:1

III I IIV

1988- 1III I I . ..IV

1989- 1IIIll .IV P.

Nationalincome

84739471279.6

10281362169.71826181.61807196.622152152239.82773291630663063336.33563372.837504092424.943904733500353765852642067777391798 18326898.19941

1 1227120351,289 114414161781838220473220352,443 525184271953,028.63234034126366543,972 642650254822,851.530961331283473135505361643694837999385363,933.6400574,097.44 1852424964*287 3

Corporateprofitswith

inventoryvaluation

andcapital

consump-tion

adjust-ments

9.6155.58.8

14319.724.024219.717222.930328034.939937537736647.145745.340351449.550358.363670781386684190787474787.1

10071133101711761452174819722001177218801500213726692823282 12987328629821461248.526692914275227992937313030823181325.33309340.2316330782952

Le

Netinterest

4.7413.63.3333.12.72.32.2182.3242.63.0353.9445.25.8657.895

10.211.312914.616318.220924.327429.834641246.3510596755838888

105312631583200924812723281 0304831903255351 73929461 12669290.231313227324033423472355337003766383.03964415.7436 14584471 5478.4

SS:

Contribu-tions for

socialinsurance

0.33

2.22.4283.54.65.26.3776.7606.67.4889.396

10612.013515.515918821.9229254285301316406455504579622689790976

1105118513451498171 7197-8216525122696291 0324935413792400844464793273029923315362 1387739283968402641104340441144824552469747644820489.2

Wageaccruals

lessdisburse-

ments

0.00.0.00.0.2

.0

.0

.00.0.01

.01

.0

.00.00.0.00.0o.0o0oooo.601511132o104220o000.06oo0022o.00.0o00.0

Govern-ment

transferpayments

topersons

0.91.52.52.72.62.72.53.15.6

10.811.210.611.714.411.612.213115.316.417520.324725.727.531532.634536.039143.652360.667581897.0

1084124 11474185720282175234826283126355739624266437946784968521 5555760034202429.044304745505751275210524052835478553.25580563.7585659536042616.1

Plu

Personalinterestincome

6.9555.35.35.35.25.15.25.86.67.5808.79.6

10411.212413.714.916618.720322.324.926328.932235.539644.248253.260969374.7808933

11191225134115541825221527193354369739314447478049325232571 165783662411.646444859492750215162527954655496560.05763598.6629065516678679.5

S:

Personaldividendincome

5.82.03.84.04.44.34.44.64.65.66.37.07.28.88.58.58.89.1

10.311.111.511.312.212.913.314.415.517.319.119.420221.922422.222.624.126628928.733838243048.152961.363968775.5787858920

102.2112465471.076879087788.890393.2957982

100.41036106.41094111.41132115.7

Businesstransfer

payments

0.6.7.5.4.5.5.5.5.5.5.6

.8

.8

.91.01.21.11.21.41.51.61.82.02.02.12.42.72.83.03.13.43.94.14.44.955587.47.98693

10.312112.414.316018.722.024626729.031815.216.520.023025.526.326626.827128.028.729.430.130831.532.232.9

Equals:

Personalincome

84.346.372.177.695.2

122.4150.7164.5170.0177.6190.2209.2206.4228.1256.5273.8290.5293.0314.2337.2356.3367.1390.7409.4426.0453.2476.3510.2552.0600.8644.5707.2772.9831.8894.0981.6

1,101.71,210.11,313.41,451.41,607 5181242,034.02,258.52,520.92,670.82,838.63,108.73,325.33,526.2377764,064.54,428.72,729.22,941.83,188.3339913,597.83,673.63,732.73,795.5390873,948.54,026.64,097.64,185.24317.84,400.34,455.94,540.9



TABLE C-24.—National income by type of income, 1929-89


Year or quarter

192919331939194019411942194319441945194619471948194919501951...1952195319541955195619571958195919601961196219631964196519661967196819691970197119721973... .1974197519761977197819791980198119821983198419851986198719881989 p

1982: IV1983: IV1984: IV1985: IV1986: IV1987: 1

IIIIIIV

1988- 1I II l lIV

1989- 1III l lIV "

Nationalincome l

84.739.471.279.6

102.8136.2169.7182.6181.6180.7196.6221.5215.2239.8277.3291.6306.6306.3336.3356.3372.8375.0409.2424.9439.0473.3500.3537.6585.2642.0677.7739.1798.1832.6898.1994.1

1,122.71,203.51,289.11,441.41,617.81,838.22,047.32,203.52,443.52,518.42,719.53,028.63,234.03,412.63,665.43,972.64,265.02,548.22,851.53,096.13,312.83,473.13,550.53,616.43,694.83,799.93,853.63,933.64,005.74,097.44,185.24,249.64,287.3

Compensationof employees

Total

51.129.648.252.264.885.3

109.6121.3123.3119.6130.1142.1142.0155.4181.6196.3210.4209.4225.9244.7257.8259.8281.2296.7305.6327.4345.5371.0399.8443.0475.5524.7578.4618.3659.4726.2812.8891.3948.7

1,057.91,176.61,329.21,491.41,638.21,807.41,907.02,020.72,213.92,367.52,511.42,690.02,907.63,145.41,931.12,092.72,272.72,426.72,571.22,615.02,656.62,709.82,778.72,819.42,878.92,935.12,997.23,061.73,118.23,171.93,230.1

Wagesand

salaries

50.529.046.049.962.182.1

105.8116.7117.5112.0123.1135.5134.7147.2171.6185.6199.0197.2212.1229.0239.9241.3259.8272.8280.5299.3314.8337.7363.7400.3428.9471.9518.3551.5584.5638.7708.6772.2814.7899.6994.0

1,119.61,251.91,372.01,510.41,586.11,676.21,838.81,975.22,094.82,249.42,429.02,632.01,603.71,739.41,891.12,027.42,143.12,184.42,220.62,266.62,235.92,353.42,405.42,452.22,505.12,560.72,608.82,654.72,704.0

Supple-ments

towages

andsal-

aries2

0.7.6

2.22.32.83.23.84.55.87.67.06.57.38.2

10.010.711.512.113.815.717.818.521.423.825.128.130.733.236.142.746.652.860.166.874.987.6

104.2119.1134.0158.3182.6209.7239.5266.3297.1320.9344.5375.1392.4416.6440.7478.6513.4327.4353.4381.7399.3428.1430.7436.0443.2452.8466.0473.5482.9492.0501.0509.4517.2526.1

Proprietors' income with inventory valuation andcapital consumption adjustments

Total

14.45.4

11.412.617.123.928.830.031.536.335.540.435.938.844.044.443.443.545.446.948.851.551.752.154.356.657.760.565.169.671.175.479.380.286.898.3

119.0118.8125.4137.7152.9176.2191.9180.7186.8175.5190.9234.5255.9282.0311.6327.8352.2188.3207.8237.8264.2289.2306.7305.8305.2328.7324.0331.8327.0328.3359.3355.5343.3350.9

Farm

Total

6.12.54.44.46.4

10.112.011.912.414.815.117.512.813.616.015.013.012.411.311.111.013.110.811.612.012.111.910.713.014.012.712.814.614.715.519.433.727.525.420.620.527.031.720.530.724.612.430.530.234.741.639.846.328.519.328.129.237.244.439.833.648.444.045.437.732.059.051.336.138.8

Propri-etors'

in-come3

6.32.54.54.56.5

10.312.212.212.615.215.618.213.514.316.815.913.913.212.112.011.914.011.712.412.812.912.611.413.714.813.613.715.816.016.821.135.630.129.024.625.132.438.028.139.433.921.839.638.943.149.647.353.538.028.537.537.845.352.547.941.756.351.953.045.039.266.258.443.545.9

Capitalcon-

sump-tion

adjust-ment

0.2.0

-.1-.1

-.'2-.2

-'.3-.4

5-.7

7-.7-.8-.9-.9-.8-.8

9-.9-.9-.9-.8

8-.8

7-.7-.7-.8-.8-.9

-1.1-1.3-1.3-1.7-1.9-2.6-3.6-4.0-4.6-5.3-6.3-7.6-8.7

9.3-9.4-9.2-8.7-8.4-8.0-7.5-7.2-9.4-9.3-9.3-8.6-8.1-8.1-8.1-8.0-7.9

7.9-7.7-7.4-7.2-7.2-7.1-7.5-7.0

Nonfarm

Total

8.32.97.18.2

10.813.816.818.119.121.520.422.923.125.228.029.430.431.134.035.837.838.540.940.542.344.445.749.852.155.558.462.664.765.471.479.085.391.3

100.0117.1132.4149.2160.1160.1156.1150.9178.4204.0225.6247.2270.0288.0305.9159.8188.6209.7235.0252.0262.3226.0271.6280.3279.9286.5289.3296.3300.3304.2307.2312.0

Propri-etors'

income

8.83.97.68.6

11.714.417.118.319.323.321.823.122.225.727.728.529.830.433.535.437.237.740.139.741.743.845.149.151.855.558.463.165.166.072.379.687.295.3

102.2119.6135.1152.8164.0164.3155.2148.5167.3182.4194.6210.0238.9259.2280.4156.9172.7182.5201.1215.5227.7234.6241.7251.5250.9257.8260.4267.8274.4278.7281.0287.5

Inven-tory

valua-tion

adjust-ment

0.1

-'.2.0.6

-.42-.1-.1

-1.7-1.5

.5-1.1-.3

.2-.2

.0

.2-.5

~'.Q.0.0.0.0

-.1-.2

.2-.2

.4-.5

~!e-.7

-2.0-3.8-1.2-1.3-1.3-2.3-2.9-2.9-1.4-.5-.8

.4-.2

-~LO-1.5-1.3-.6-.7

.3-.3-.3-.1

-1.1-1.1-1.7-1.3-1.8-1.6-1.3-2.5-1.9

.0_ 7

Capitalcon-

sump-tion

adjust-ment

-0.6

-A-.3

-.3

-'.1-.1-.1

.1

!5.6.6.7.7.8

!9.9.9.9.8.6.6

'A.3.2

-.1.1.0

-.3.1.1

-.3-1.0-1.3-1.4-1.4-1.0-1.2

2.32.9

12.022.031.237.432.230.326.83.5

16.526.934.236.834.732.530.930.530.330.530.529.828.527.426.225.2

1 National income is the total net income earned in production. It differs from gross national product mainly in that it excludesdepreciation charges and other allowances for business and institutional consumption of durable capital goods and indirect businesstaxes. See Table C-22.



TABLE C-24.—National income by type of income, 1929-89—Continued


Year or quarter

19291933193919401941194219431944194519461947194819491950195119521953195419551956195719581959196019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989 "1982: IV1983- IV1984- IV1985: IV1986: IV1987: 1

||III "IV

1988: 1IIIllIV

1989- 1||II IIV ".

Rental income of personswith capital consumption

adjustment

Total

4.92.02.62.73.24.14.64.85.05.85.86.46.77.78.39.4

10.711.612.012.413.113.914.615.315.816.517.117.318.118.619.618.418.418.218.617.918.016.113.511.98.29.35.66.6

13.313.613.28.59.2

11.613.415.78.0

15.812.45.67.8

13.514.713.011.514.315.614.616.316.111.89.85.45.1

Rentalincome

ofpersons

5.62.13.23.34.05.15.76.16.57.58.29.19.4

10.511.512.713.914.915.315.916.517.318.018.719.119.820.320.521.322.223.522.924.224.625.926.528.128.928.628.928.834.235.741.452.254.455.051.954.256.561.265.462.956.554.349.654.559.160.960.260.3"63.665.464.365.866.162.962.563.862.3

Capitalcon-

sumptionadjust-ment

-0.7-.1-.5

6-.8-.9

-1.1-1.3-1.5-1.7

24-2.7-2.7

28-3.2-3.3-3.3-3.2-3.3-3.5-3.5

34-3.4-3.4-3.3-3.3-3.2-3.2-3.3

36-3.9

4 5-5.8-6.4

74-8.6101

-12.7-15.0-17.0

206-24.9-30.1-34.8-38.9-40.8

418-43.3-45.0

450-47.9-49.8-54.9-40.7-41.9

440-46.7-45.6-46.2-47.2-48.9-49.3

498-49.7-49.6-49.9-51.1-52.7-58.4-57.2

Corporate profits with inventory valuation and capital consumption adjustments

Total

9.6-1.5

5.58.8

14.319.724.024.219.717.222.930.328.034.939.937.537.736.647.145.745.340.351.449.550.358.363.670.781.386.684.190.787.474.787.1

100.7113.3101.7117.6145.2174.8197.2200.1177.2188.0150.0213.7266.9282.3282.1298.7328.6298.2146.1248.5266.9291.4275.2279.9293.7313.0308.2318.1325.3330.9340.2316.3307.8295.2

Profits with inventory valuation adjustment and withoutcapital consumption adjustment

Total

10.5-1.2

6.59.8

15.420.524.524.019.319.625.933.431.137.943.340.640.238.447.546.946.641.652.349.850.155.259.866.276.281.278.685.481.469.582.794.9

107.199.4

123.9155.3183.8208.2214.1194.0202.3159.2196.7234.2222.6228.3247.8281.8268.7150.7223.4224.6228.4226.1230.5243.4261.5255.8268.1276.4284.1298.7279.7275.5268.7

Profits

Profitsbefore

tax

10.01.07.2

10.017.921.725.324.219.824.831.835.629.242.944.539.641.238.749.249.648.141.952.649.949.855.159.866.777.483.380.189.187.276.087.3

101.5127.2138.9134.8170.3200.4233.5257.2237.1226.5169.6207.6240.0224.3221.6266.7306.8287.3164.1231.5226.1235.0234.1246.4263.4281.0276.2288.8305.3314.4318.8318.0296.0275.0

Profitstax

liability

1.4.5

1.42.87.6

11.414.112.910.79.1

11.312.410.217.922.619.420.317.622.022.021.419.023.622.722.824.026.228.030.933.732.739.439.734.437.741.949.351.850.964.273.083.588.084.881.163.177.293.996.4

106.3124.7137.9129.059.888.187.099.8

113.1115.0124.0132.7127.3129.0138.4141.2143.2144.4134.9122.6

Profits after tax

Total

8.6.4

5.77.2

10.310.311.211.39.1

15.720.523.219.025.021.920.220.921.127.227.626.722.928.927.227.131.233.538.746.549.647.549.747.541.749.659.677.987.183.9

106.0127.4150.0169.2152.3145.4106.5130.4146.1127.8115.3142.0168.9158.2104.3143.4139.2135.2121.0131.4139.4148.3148.9159.9166.9173.2175.6173.6161.1152.4

Divi-dends

5.82.03.84.04.44.34.44.64.65.66.37.07.28.88.58.58.89.1

10.311.111.511.312.212.913.314.415.517.319.119.420.222.022.522.522.924.427.029.729.634.639.544.750.154.763.666.971.579.083.391.398.7

110.4122.168.573.980.884.093.695.096.9

100.0102.8105.7108.6112.2115.2118.5120.9123.31256

Undis-tributedprofits

2.8-1.6

2.03.25.86.06.76.74.5

10.214.216.211.816.213.411.812.111.916.916.615.211.616.714.313.716.818.021.427.430.227.327.725.019.226.635.250.857.354.371.487.9

105.2119.197.681.839.658.967.044.624.043.358.536.235.869.558.451.227.436.442.648.346.154.258.361.160.455.140.229.1

Inven-toryvalu-ation

adjust-ment

0.5-2.1

-.2-2.5

12-.8

-.6-5.3

59-2.2

1.950

-1.21.0

-1.0-.317

-2.7-1.5

-.3-.2

!o.1

-.5-1.2

21-1.6

37-5.9-6.6

46-6.6

-20.0395

-11.0-14.9-16.6-25.3-43.2-43.1-24.2

104-10.9-5.8-1.7

6.7-18.9

250-18.5-13.4-8.1-1.6-6.6-8.0

-15.9-20.0-19.4-20.4-20.7-28.8-30.4

201-38.3

205-6.3-8.9

Capitalcon-

sumptionadjust-ment

-0.9

-l!o-1.1-1.1

8-.5

.2

.4-2.4-2.9-3.2-3.0-3.0-3.4-3.2-2.5-1.8-.4

-1.2-1.3-1.3-.8-.3

.23.13.84.55.25.45.55.36.15.24.35.86.22.3

-6.2-10.1-9.0

-10.9-14.0-16.8-14.4-9.217.032.759.753.850.946.829.445

25.142.363.049.149.350.351.552.449.948.946.941.536.632.326.522.4

Netinterest

4.74.13.63.33.33.12.72.32.21.82.32.42.63.03.53.94.45.25.86.57.89.5

10.211.312.914.616.318.220.924.327.429.834.641.246.351.059.675.583.888.8

105.3126.3158.3200.9248.1272.3281.0304.8319.0325.5351.7392.9461.1266.9290.2313.1322.7324.0334.2347.2355.3370.0376.6383.0396.4415.7436.1458.4471.5478.4

2 Consists mainly of employer contributions for social insurance and to private pension, health, and welfare funds.3 With inventory valuation adjustment.Source: Department of Commerce, Bureau of Economic Analysis.


TABLE C-25.—Sources of personal income, 1929-89


Year or quarter

19291933193919401941194219431944194519461947194819491950195119521953195419551956195719581959I96019611962196319641965196619671968.19691970197119721973197419751976197719781979198019811982 .. ... .1983198419851986198719881989 "1982- IV1983: IV1984- IV1985: IV1986- IV1987-1

IIIllIV

1988- 1IIIllIV

1989- 1IIIl lIV v

Personalincome

84.346.372.177.695.2

122.4150.7164.5170.0177.6190.2209.2206.4228.1256.5273.8290.5293.0314.2337.2356.3367.1390.7409.4426.0453.2476.3510.2552.0600.8644.5707.2772.9831.8894.0981.6

1,101.71,210.11,313.41,451.41,607.51,812.42,034.02,258.52,520.92,670.82,838.63,108.73,325.33,526.23.777.64,064.54,428.72,729.22,941.83,188.33,399.13,597.83,673.63,732.73,795.53,908.73,948.54,026.64,097.64,185.24,317.84,400.34,455.94,540.9

Wage and salary disbursements 1

Total

50.529.046.049.962.182.1

105.6116.9117.5112.0123.1135.5134.8147.2171.5185.6199.0197.2212.1229.0239.9241.3259.8272.8280.5299.3314.8337.7363.7400.3428.9471.9518.3551.5583.9638.7708.7772.6814.6899.5993.9

1,119.31,252.11,372.01,510.31,586.11,676.61,838.61,975.42,094.82,249.42,429.02,632.01,603.61,739.41,890.52,027.42,143.12,184.42,220.62,266.32,326.22,353.42,405.42,452.22,505.12,560.72,608.82,654.72,704.0

Commodity-producingindustries

Total

21.59.8

17.419.727.539.149.050.445.946.054.261.157.864.876.482.189.885.893.3

100.8104.4100.3109.9113.4114.0122.2127.4136.0146.6161.6169.0184.1200.4203.7209.1228.2255.9276.5277.1309.7346.1392.3441.4470.7512.2511.7523.1577.6608.9625.6649.9696.3738.3501.8545.4591.6619.2632.3637.9641.7652.9667.2678.2690.8701.6714.7726.6733.7742.6750.4

Manu-facturing

16.17.8

13.615.621.730.940.942.938.236.542.547.144.650.359.464.271.367.673.979.582.578.786.989.889.996.8

100.7107.3115.7128.2134.3146.0157.7158.4160.5175.6196.6211.8211.6238.0266.7300.1334.8355.6386.7384.0397.4439.1460.9473.2490.3524.0553.0377.4415.5449.5468.3477.7482.4483.7492.7502.5511.4519.2527.2538.1546.3549.9555.7559.9

Distrib-utive

indus-tries

15.68.8

13.314.216.318.020.122.724.831.035.237.537.739.944.447.049.950.353.658.060.761.165.168.669.673.376.882.087.995.1

101.6110.8121.7131.2140.4153.3170.3186.8198.1219.5242.7274.6307.8335.5366.8384.2404.2442.8473.2498.8531.9571.9615.1389.3420.8455.1484.6509.7517.6526.7537.2546.1554.0568.0578.0587.5598.8610.8619.4631.2

Serviceindus-tries

8.45.27.17.58.19.09.9

10.911.914.316.117.918.519.921.623.225.026.228.731.533.835.938.841.744.447.650.754.959.465.372.080.490.699.4

107.9119.7133.9148.6163.4181.6202.8232.9266.8305.6346.9384.4425.1472.1521.3576.7648.3714.4801.7398.5443.2489.6543.4599.3618.7636.4654.3683.8684.3703.5723.0746.7768.4790.8812.4835.3

Govern-mentand


5.05.28.28.5

10.216.026.633.034.920.717.519.020.822.629.233.334.434.936.638.841.044.146.049.252.456.360.064.969.978.386.496.6

105.5117.1126.5137.4148.7160.9176.0188.6202.3219.4236.1260.2284.4305.9324.3346.1372.0393.7419.2446.5476.9314.0330.0354.3380.3401.9410.2415.7422.0429.0437.0443.1449.6456.3466.9473.5480.2487.1

Otherlabor

income 1

0.5.4.6.6.7.9

1.11.51.82.02.42.72.93.74.65.25.96.17.08.09.09.4

10.611.211.813.014.015.717.819.921.725.228.532.536.743.049.256.565.979.394.1

107.7122.7138.4150.3163.6173.6182.9187.6199.3212.8228.9248.3168.0177.8185.4189.7205.0207.6210.5214.3218.8222.3225.9231.1236.5241.3246.0250.7255.3

Proprietors' incomewith inventoryvaluation and

capitalconsumptionadjustments

Farm

6.12.54.44.46.4

10.112.011.912.414.815.117.512.813.616.015.013.012.411.311.111.013.110.811.612.012.111.910.713.014.012.712.814.614.715.519.433.727.525.420.620.527.031.720.530.724.612.430.530.234.741.639.846.328.519.328.129.237.244.439.833.648.444.045.437.732.059.051.336.138.8

Nonfarm

8.32.97.18.2

10.813.816.818.119.121.520.422.923.125.228.029.430.431.134.035.837.838.540.940.542.344.445.749.852.155.558.462.664.765.471.479.085.391.3

100.0117.1132.4149.2160.1160.1156.1150.9178.4204.0225.6247.2270.0288.0305.9159.8188.6209.7235.0252.0262.3266.0271.6280.3279.9286.5289.3296.3300.3304.2307.2312.0

1 The total of wage and salary disbursements and other labor income differs from compensation of employees in Table C-24 in that itexcludes employer contributions for social insurance and the excess of wage accruals over wage disbursements.



TABLE C-25.—Sources of personal income, 1929-89—Continued


Year or quarter

19291933193919401941194219431944194519461947194819491950195119521953195419551956195719581959196019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989 " ....1982- IV1983: IV1984- IV1985: IV1986- IV1987- 1

I II l lIV

1988: 1II .I l lIV

1989: I||I I IIV P

Rentalincome

ofpersons

withcapital

con-sumption

adjust-ment

4.92.02.62.73.24.14.64.85.05.85.86.46.77.78.39.4

10.711.612.012.413.113.914.615.315.816.517.117.318.118.619.618.418.418.218.617.918.016.113.511.98.29.35.66.6

13.313.613.28.59.2

11.613.415.78.0

15.812.45.67.8

13.514.713.011.514.315.614.616.316.111.89.85.45.1

Personaldividendincome

5.82.03.84.04.44.34.44.64.65.66.37.07.28.88.58.58.89.1

10.311.111.511.312.212.913.314.415.517.319.119.420.221.922.422.222.624.126.628.928.733.838.243.048.152.961.363.968.775.578.785.892.0

102.2112.465.471.076.879.087.788.890.393.295.798.2

100.4103.6106.4109.4111.4113.2115.7

Personalinterestincome

6.95.55.35.35.35.25.15.25.86.67.58.08.79.6

10.411.212.413.714.916.618.720.322.324.926.328.932.235.539.644.248.253.260.969.374.780.893.3

111.9122.5134.1155.4182.5221.5271.9335.4369.7393.1444.7478.0493.2523.2571.1657.8366.2411.6464.4485.9492.7502.1516.2527.9546.5549.6560.0576.3598.6629.0655.1667.8679.5

Transfer payments

Total

1.52.13.03.13.13.13.03.66.2

11.311.711.312.515.212.613.314.316.317.718.921.826.327.429.533.534.736.938.741.946.655.564.071.485.9

101.5113.3129.6153.2193.1210.7226.1244.0273.1324.7368.1410.6442.6456.6489.8521.5548.2584.7632.1435.4445.5463.0497.5531.2539.0547.6550.8555.5575.8581.8587.4593.8616.4626.8636.4649.0

Old-age,survivors,disability,

andhealthinsur-ance

benefits

0.0.0.1.1.2.2.3.4.5.6

1.01.92.23.03.64.95.77.38.5

10.211.112.614.315.216.018.120.825.530.232.938.544.549.660.470.181.492.9

104.9116.2131.8154.2182.0204.5221.7235.7253.4269.2282.9300.5325.2216.6227.0241.7257.0273.3278.3283.1284.3285.7297.2299.2301.4304.0316.9322.9327.9333.0

Govern-mentunem-

ploymentinsur-ance

benefits

0.4.5.4.4.1

A1.1.8.9

1.91.5.9

1.11.02.21.51.51.94.12.83.04.33.13.02.72.31.92.22.12.24.05.85.74.46.8

17.615.812.79.79.8

16.115.925.226.315.815.716.314.513.014.331.820.015.615.216.715.515.014.313.213.513.112.912.513.514.114.515.0

Veteransbenefits

0.66

.5

.5

'.51.03.07.07.05.95.37.74.64.34.14.24.44.44.54.74.64.65.04.74.84.74.94.95.65.96.77.78.89.7

10.411.814.514.413.813.914.415.016.116.416.616.416.716.716.617.017.316.616.516.316.516.416.616.716.516.516.916.917.017.017.617.517.316.9

Govern-ment

employ-ees

retire-ment

benefits

0.12

.3

.3

AA.5.7.7.7.9

1.01.11.21.41.51.71.92.22.52.83.13.43.74.24.75.26.16.97.68.7

10.211.813.816.019.022.726.129.032.736.943.049.454.658.761.466.870.976.482.788.556.160.258.567.972.674.176.077.478.181.483.082.883.786.988.188.990.1

Aid tofamilies

withdepend-

entchildren(AFDC)

0.3.4.5.6.6.5.5.6.6.6.7.8.9

1.01.11.31.41.51.71.92.32.83.54.86.26.97.27.99.2

10.110.610.711.012.413.013.314.214.815.416.416.717.217.913.614.514.815.816.716.616.716.716.717.017.117.317.517.617.718.018.3

Other

0.81.41.71.71.81.81.82.02.02.12.52.93.33.53.63.94.24.24.54.85.25.76.26.77.17.68.39.19.8

11.213.015.317.320.724.527.631.237.547.651.555.160.969.184.091.896.5

105.1112.6121.9131.9141.2154.3169.0100.6107.3116.1125.0135.4137.9140.1141.6145.1149.8152.5155.9159.0163.9166.4169.7175.8

Less:Personalcontribu-tions for

socialinsurance

0.1

'.6.7.8

1.21.82.22.32.02.12.22.22.93.43.84.04.65.25.86.76.97.99.39.7

10.311.812.613.317.820.622.926.227.930.734.542.647.950.455.561.269.881.088.6

104.5112.3120.1132.7149.3161.9172.9194.9214.2113.5123.6135.2152.6164.6169.7171.3173.7177.0190.3193.4196.4199.6210.0213.0215.4218.5

Nonfarmpersonalincome2

159.9172.0188.3190.6211.2237.1255.4274.2277.5299.6322.8341.9350.4376.2393.9409.9436.7460.0494.9534.0581.5626.3688.7752.1810.4871.8955.0

1,059.71,172.61,276.91,417.91,572.61,769.31,983.22,215.82,465.62,618.72,799.03,052.13,271.33,469.43,714.74,003.74,360.92,672.82,895.63,134.73,346.93,538.93,607.73,671.53,740.63,839.03,883.43,960.24,038.94,132.24,237.74,327.54,398.14,480.3

2 Personal income exclusive of the farm component of wages and salaries, other labor income, proprietors' income, and net interest.Note.—The industry classification of wage and salary disbursements and proprietors' income Is on an establishment basis and is

based on the 1972 Standard Industrial Classification (SIC) beginning 1948 and on the 1942 SIC prior to 1948.Source: Department of Commerce, Bureau of Economic Analysis.


TABLE C-26.—Disposition of personal income, 1929-89


Year or quarter

19291933193919401941 .194219431944194519461947194819491950195119521953195419551956195719581959I96019611962.19631964...1965196619671968. .196919701971 . .197219731974197519761977197819791980198119821983198419851986198719881989 p ..1982: IV1983- IV1984: IV1985: IV1986: IV1987: 1

III l lIV

1988: 1II ...IllIV

1989: 1||IllIV

Personalincome

84.346.372.177.695.2

122.4150.7164.5170.0177.6190.2209.2206.4228.1256.5273.8290.5293.0314.2337.2356.3367.1390.7409.4426.0453.2476.3510.2552.0600.8644.5707.2772.9831.8894.0981.6

1,101.71,210.11,313.41,451.41,607.51,812.42,034.02,258.52,520.92,670.82,838.63,108.73,325.33,526.23,777.64,064.54,428.72,729.22,941.83,188.33,399.13,597.83,673.63,732.73,795.53,908.73,948.54,026.64,097.64,185.24,317.84,400.34,455.94,540.9

Less:Personaltax andnontax

payments

2.61.42.42.63.35.9

17.818.920.818.721.421.018.520.628.934.035.532.535.439.742.442.246.150.552.257.060.558.865.274.982.497.7

116.3116.2117.3142.0152.0171.8170.6198.7228.1261.1304.7340.5393.3409.3410.5440.2486.6512.9571.7586.6648.7411.1413.9459.7499.6534.4530.8594.6572.0589.2572.2590.7585.9597.8628.3652.6649.1665.0

Equals:Dispos-

ablepersonalincome

81.744.969.775.091.9

116.4132.9145.6149.2158.9168.8188.1187.9207.5227.6239.8255.1260.5278.8297.5313.9324.9344.6358.9373.8396.2415.8451.4486.8525.9562.1609.6656.7715.6776.8839.6949.8

1,038.41,142.81,252.61,379.31,551.21,729.31,918.02,127.62,261.42,428.12,668.62,838.73,013.33,205.93,477.83,780.02,318.12,527.92,728.62,899.53,063.43,142.83,138.13,223.53,319.43,376.43,435.93,511.73,587.43,689.53,747.73,806.83,875.9

Less: Personal outlays

Total

79.246.567.972.081.989.5

100.2109.0120.5145.3163.6177.0180.6194.8211.0222.4236.7244.1262.8276.2291.2300.6322.8338.1348.9370.2391.2419.9452.5489.9516.9567.1614.5657.9710.5778.2860.8941.7

1,038.21,156.91,288.61,441.11,611.31,781.11,968.12,107.52,297.42,504.52,713.32,888.53,104.13,333.13,573.72,174.92,382.52,571.32,787.72,961.43,006.93,082.13,149.93,177.63,244.43,301.93,362.13,424.03,483.83,547.03,611.73,652.2

Personalcon-

sumptionexpendi-

tures

77.345.867.071.080.888.699.5

108.2119.6143.9161.9174.9178.3192.1208.1219.1232.6239.8257.9270.6285.3294.6316.3330.7341.1361.9381.7409.3440.7477.3503.6552.5597.9640.0691.6757.6837.2916.5

1,012.81,129.31,257.21,403.51,566.81,732.61,915.12,050.72,234.52,430.52,629.02,797.43,010.83,235.13,470.32,117.02,315.82,493.42,700.42,868.52,914.72,989.43,055.93,083.33,148.13,204.93,263.43,324.03,381.43,444.13,508.13,547.5

Interestpaid by

consum-ers tobusi-ness

1.5.5.7.8.9

'.5

'.5.7

1.01.41.72.32.52.93.63.84.45.15.55.66.17.07.37.88.89.9

11.112.012.513.815.616.717.719.522.324.124.426.630.536.743.547.452.055.561.972.582.689.191.496.1

101.756.865.576.385.990.990.290.892.092.694.295.696.798.1

100.1101.5102.0103.1

Per-sonal

transferpay-

mentsto

for-eigners

(net)

0.3.2.2.2.2.1.2.4.5.7.7.7.5.4.4.4.5

A.5.5.4.4.4.5.5.6.7.7.7.9.9

1.01.21.21.11.31.01.01.0.9.9

1.01.11.01.31.01.51.71.91.91.91.71.11.21.61.42.12.01.92.01.82.11.51.91.92.21.41.61.6

Equals:Personalsaving

2.6-1.6

1.83.0

10.027.032.736.528.713.65.2

11.17.4

12.616.617.418.416.416.021.322.724.321.820.824.925.924.631.534.336.045.142.542.257.766.361.489.096.7

104.695.890.7

110.2118.1136.9159.4153.9130.6164.1125.4124.9101.8144.7206.3143.1145.4157.3111.7102.0135.955.973.6

141.8131.9134.0149.6163.4205.7200.7195.1223.7

Percent of disposablepersonal income

Personal outlays

Total

96.8103.697.496.089.176.875.474.980.891.496.994.196.193.992.792.792.893.794.292.892.892.593.794.293.493.594.193.093.093.292.093.093.691.991.592.790.690.790.892.493.492.993.292.992.593.294.693.995.695.996.895.894.593.894.294.296.196.795.798.297.795.796.196.195.795.494.494.694.994.2

Personalconsump-

tionexpend-itures

94.5102.196.294.787.976.174.874.480.290.695.993.094.992.691.491.491.292.092.590.990.990.791.892.191.391.491.890.790.590.889.690.691.089.489.090.288.288.388.690.291.190.590.690.390.090.792.091.192.692.893.993.091.891.391.691.493.193.692.795.394.892.993.293.392.992.791.791.992.291.5

Personalsaving

3.2362.64.0

10.923.224.625.119.28.63.15.93.96.17.37.37.26.35.87.27.27.56.35.86.66.55.97.07.06.88.07.06.48.18.57.39.49.39.27.66.67.16.87.17.56.85.46.14.44.13.24.25.56.25.85.83.93.34.31.82.34.33.93.94.34.65.65.45.15.8



TABLE C-27.—Total and per capita disposable personal income and personal consumption expenditures in

current and 1982 dollars, 1929-89

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

Year or quarter

19291933. .1939194019411942194319441945....19461947 ..19481949195019511952195319541955195619571958195919601961...1962196319641965196619671968...19691970...1971197219731974197519761977...19781979...198019811982...1983198419851986 ..198719881989".1982- IV1983: IV1984: IV1985: IV1986: IV1987: 1

IIIIIIV

1988: 1IIIllIV

1989- 1IIIllIV

Disposable personal income

Total (billions ofdollars)

Currentdollars

81.744.969.775.091.9116.4132.9145.6149.2158.9168.8188.1187.9207.5227.6239.8255.1260.5278.8297.5313.9324.9344.6358.9373.8396.2415.8451.4486.8525.9562.1609.6656.7715.6776.8839.6949.8

1,038.41,142.81,252.61,379.31,551.21,729.31,918.02,127.62,261.42,428.12,668.62,838.73,013.33,205.93,477.83,780.02,318.12,527.92,728.62,899.53,063.43,142.83,138.13,223.53,319.43,376.43,435.93,511.73,587.43,689.53,747.73,806.83,875.9

1982dollars

498.6370.8499.5530.7604.1693.0721.4749.3739.5723.3694.8733.1733.2791.8819.0844.3880.0894.0944.5989.4

1,012.11,028.81,067.21,091.11,123.21,170.21,207.31,291.01,365.71,431.31,493.21,551.31,599.81,668.11,728.41,797.41,916.31,896.61,931.72,001.02,066.62,167.42,212.62,214.32,248.62,261.52,331.92,469.82,542.82,635.32,676.62,793.22,906.72,276.12,392.72,496.32,562.82,646.22,672.32,632.52,675.62,726.22,757.22,773.32,806.42,835.92,881.72,887.62,919.22,938.3

Per capita(dollars)

Currentdollars

671357532568689863972

1,0521,0661,1241,1711,2831,2601,3681,4751,5281,5991,6041,6871,7691,8331,8651,9461,9862,0342,1232,1972,3522,5052,6752,8283,0373,2393,4893,7404,0004,4814,8555,2915,7446,2626,9687,6828,4219,2439,72410,34011,25711,86112,46913,14014,11615,1919,92910,72511,46712,06812,62912,92812,88013,19613,55213,75413,96614,23514,50414,88415,08415,28015,514

1982dollars

4,0912,9503,8124,0174,5285,1385,2765,4145,2855,1154,8205,0004,9155,2205,3085,3795,5155,5055,7145,8815,9095,9086,0276,0366,1136,2716,3786,7277,0277,2807,5137,7287,8918,1348,3228,5629,0428,8678,9449,1759,3819,7359,8299,7229,7699,7259,93010,41910,62510,90510,97011,33711,6819,74910,15110,49110,66710,90910,99310,80510,95311,13011,23211,27311,37711,46611,62511,62211,71711,761


Total (billions ofdollars)

Currentdollars

77.345.867.071.080.888.699.5108.2119.6143.9161.9174.9178.3192.1208.1219.1232.6239.8257.9270.6285.3294.6316.3330.7341.1361.9381.7409.3440.7477.3503.6552.5597.9640.0691.6757.6837.2916.5

1,012.81,129.31,257.21,403.51,566.81,732.61,915.12,050.72,234.52,430.52,629.02,797.43,010.83,235.13,470.32,117.02,315.82,493.42,700.42,868.52,914.72,989.43,055.93,083.33,148.13,204.93,263.43,324.03,381.43,444.13,508.13,547.5

1982dollars

471.4378.7480.5502.6531.1527.6539.9557.1592.7655.0666.6681.8695.4733.2748.7771.4802.5822.7873.8899.8919.7932.9979.4

1,005.11,025.21,069.01,108.41,170.61,236.41,298.91,337.71,405.91,456.71,492.01,538.81,621.91,689.61,674.01,711.91,803.91,883.81,961.02,004.42,000.42,024.22,050.72,146.02,249.32,354.82,446.42,513.72,598.42,668.52,078.72,191.92,281.12,386.92,477.82,478.32,507.72,536.52,532.32,570.82,586.82,608.12,627.72,641.02,653.72,690.12,689.3

Per capita(dollars)

Currentdollars

634365511538606657727782855

1,0181,1231,1931,1951,2671,3491,3961,4581,4771,5601,6081,6661,6921,7861,8291,8571,9402,0172,1332,2682,4282,53427522,9493,1213,3303,6093,9504,2854,6895,1785,7076,3046,9607,6078,3208,8189,51610,25310,98511,57612,34013,13113,9469,0689,82510,47911,24011,82511,99012,27012,51012,58812,82413,02813,22913,43913,64113,86214,08114,200

1982dollars

3,8683,0133,6673,8043,9813,9123,9494,0264,2364,6324,6254,6504,6614,8344,8534,9155,0295,0665,2875,3495,3705,3575,5315,5615,5795,7295,8556,0996,3626,6076,7307,0037,1857,2757,4097,7267,9727,8267,9268,2728,5518,8088,9048,7838,7948,8189,1399,4899,84010,12310,30310,54610,7248,9049,2999,5879,93510,21410,19510,29310,38410,33810,47310,51510,57210,62410,65410,68110,79810,765

Popula-tion(thou-sands) 1

121,878125,690131,028132,122133,402134,860136,739138,397139,928141,389144,126146,631149,188151,684154,287156,954159,565162,391165,275168,221171,274174,141177,073180,760183,742186,590189,300191,927194,347196,599198,752200,745202,736205,089207,692209,924211,939213,898215,981218,086220,289222,629225,106227,754230,182232,549234,829237,051239,322241,660243,985246,378248,830233,466235,707237,946240,257242,579243,093243,636244,274244,936245,476246,008246,685247,343247,890248,456249,143249,831

1 Population of the United States including Armed Forces overseas; includes Alaska and Hawaii beginning 1960. Annual data are forJuly 1 through 1958 and are averages of quarterly data beginning 1959. Quarterly data are averages for the period.

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


TABLE C-28.—Gross saving and investment, 1929-89


Year orquarter

192919331939194019411942194319441945194619471948 . .19491950195119521953 ..195419551956195719581959196019611962196319641965196619671968196919701971197219731974197519761977197819791980 .198119821983 ...198419851986 .198719881989"1982: IV1983: IV1984: IV1985: IV1986: IV1987:1

IIIllIV

1988: 1||IllIV

1989- 1III l lIV.

Gross saving

Total

15.9.6

8.9

its10.95.83.05.9

35.742.550.836.552.558.752.351.051.668.477.377.164.580.584.282.691.498.7

108.5123.5130.3129.5139.7158.8154.7171.9200.7251.9247.9238.7283.0335.4408.6458.4445.0522.0446.4463.6568.5533.5525.3553.8642.4700.7387.4519.9557.8520.3510.0529.5535.0551.1599.5619.1633.4669.8647.4693.5695.8709.9

Gross private saving

Total

14.91.9

11.114.322.642.350.054.945.430.328.142.439.944.552.656.158.058.865.272.176.177.182.181.186.895.297.9

110.8123.0131.6143.8145.7148.9164.5190.6203.4244.0254.3303.6321.4354.5409.0445.8478.4550.5557.1592.2673.5665.3669.5663.8738.6805.6554.2632.8679.9666.3641.2682.7612.3644.5715.8720.0722.5742.4769.3792.1793.7809.7

Per-sonalsav-ing

2.6-1.6

1.83.0

10.027.032.736.528.713.65.2

11.17.4

12.616.617.418.416.416.021.322.724.321.820.824.925.924.631.534.336.045.142.542.257.766.361.489.096.7

104.695.890.7

110.2118.1136.9159.4153.9130.6164.1125.4124.9101.8144.7206.3143.1145.4157.3111.7102.0135.955.973.6

141.8131.9134.0149.6163.4205.7200.7195.1223.7

Grossbusi-nesssav-ing1

12.33.69.3

11.312.615.317.318.416.816.723.031.332.531.836.038.739.642.349.250.853.552.960.360.362.069.373.379.388.795.698.6

103.3106.7106.7124.3142.0155.0157.6198.9225.6263.8298.9327.7341.5391.1403.2461.6509.5539.9544.6562.0593.8599.3411.1487.3522.6554.5539.2546.8556.4570.9574.0588.1588.5592.8605.9586.4592.9614.6

Governmer( — ), na

prod

Total

1.0-1.4-2.2

7-3.8

-31.4-44.2-51.8-39.5

5.414.48.4348.06.138

-7.0713.15.2.9

-12.6163.1

-4.3-3.8

.7-2.3

.5-1.3

-14.2-6.0

9.9-10.6-19.5-3.4

7.943

-64.9-38.4

191-.411.5345

-29.7-110.8-128.6-105.0-131.8

1441-110.1

961-104.9-166.8-112.9-122.1-145.9-131.3-153.2-77.3-93.5

-116.3-101.0

891-72.7

-121.9-98.7-97.9-99.8

t surplus or deficittional income anduct accounts

Federal

1.2-1.3

22

i-M-33.1-46.6-54.5-42.1

3.513.48.3269.26.537

-7.1604.46.12.3

-10.3113.0

-3.9-4.2

-3.3.5

-1.8-13.2-6.0

8.4-12.4-22.0-16.8-5.6

-11.6694

-53.5-46.0-29.3-16.1

613-63.8

-145.9-176.0-169.6-196.9-206.9-161.4-145.8-149.9-202.6

1692-187.5-212.2-189.0-199.4-137.7-143.9

1644-151.8-141.5-122.5

1676-147.5-145.4-144.7

Stateandlocal

-0.2

~'.Q.6

1.31.82.42.72.61.91.0.1

-.7-1.2-.4

.0

.1-1.1-1.3-.914

-2.4

.1-.4

.5

i!o.0.5

11.1

1.51.82.6

13.513.57.24.5

15.226.928.927.626.834.135.147.564.665.162.851.349.745.035.856.465.466.357.846.360.450.548.050.852.449.845.748.847.544.9

Capitalgrants

receivedby theUnitedStates(net) ^

0.9.7.7

0-2.0

00001.11.21.10000000000000000000000000

Gross investment

Total

17.41.7

10.615.019.510.24.15.8

10.036.444.349.637.353.261.454.253.654.370.275.475.964.579.081.481.391.598.1

107.1122.3132.4129.2138.6154.9153.6173.7199.1247.6246.2241.2286.6335.3406.7457.4450.0526.1446.3468.8573.9528.7523.6549.0632.8677.4394.2522.4555.7512.4500.3530.7532.7540.5592.0605.9633.4661.2630.8669.3677.5684.3678.3

Grossprivatedomes-

ticinvest-ment

16.71.69.5

13.418.310.36.27.7

11.331.535.047.136.555.160.553.554.954.169.772.771.163.680.278.277.187.693.199.6

116.2128.6125.7137.0153.2148.8172.5202.0238.8240.8219.6277.7344.1416.8454.8437.0515.5447.3502.3664.8643.1659.4699.9750.3777.1409.6579.8661.8654.1648.8673.1684.1692.8749.7728.8748.4771.1752.8769.6775.0779.1784.8

Netforeigninvest-ment3

0.8.2

1.01.51.3

-.121

-2.0-1.3

4.99.32.4

.9-1.8

.9

.6-1.3

A2.84.8

.9123.24.23.84.97.56.23.83.51.61.74.81.3298.85.4

21.69.0

-8.71012.6

13.010.6

-1.0-33.5-90.9

-114.4-135.8-150.9-117.5-99.8-15.4-57.4

-106.1-141.6-148.5-142.4-151.4-152.2-157.6-122.8-115.0-109.9-122.0-100.3-97.5-94.8

-106.5

Statis-tical

discrep-ancy

1.51.21.71.4.77

-1.72.74.0

1.8-1.3

.8

.82.71.82.62.71.819

-1.2

-7.5-2.8-1.2

.0-.6

-1.4-1.2

2.1-.4

-1.1-3.9-1.1

1.8-1.6-4.3-1.7

2.53.6

.0-1.9-1.0

4.94.1

5.25.4

-4.8-1.8-4.7-9.6

-23.46.82.5

-2.1-7.9-9.6

1.2-2.3

-10.5-7.4

-13.1-.1

-8.6-16.6-24.1-18.3-25.5

1 Undistributed corporate profits with inventory valuation and capital consumption adjustments, corporate and noncorporate capitalconsumption allowances with capital consumption adjustment, and private wage accruals less disbursements.2 Allocations of special drawing rights (SDRs).

3 Net exports of goods and services less net transfers to foreigners and interest paid by government to foreigners plus capital grantsreceived by the United States, net.

Source-. Department of Commerce, Bureau of Economic Analysis.


TABLE C-29.—Saving by individuals, 1946-891


Year orquarter

1946...194719481949

1950195119521953195419551956195719581959

1960196119621963196419651966196719681969

1970197119721973197419751976197719781979

198019811982198319841985198619871988

1987:1IIIII....IV....

1988:1IIIII....IV....

1989:1IIIII....

Total

24.919.525.020.7

31.835.035.934.327.436.138.538.035.136.8

37.436.943.246.756.665.776.579.079.573.9

89.699.6

118.9157.4120.0159.1164.0190.3198.8204.4

204.4248.8263.8323.1391.4346.1409.2377.2432.5

351.6363.5315.9477.8

420.2398.2464.1447.7

412.3509.6538.2

Increase in financial assets

Total

19.512.58.98.8

14.918.928.724.721.228.631.828.832.534.5

32.735.539.745.454.958.760.970.171.667.0

80.7105.5134.6148.4147.1176.4206.1253.4285.8327.0

321.3323.3379.3495.4563.7568.0561.2512.1569.2

429.0574.2479.2566.1

498.8578.8623.8575.4

516.1580.5643.2

Check-able

depos-its andcurren-

cy

5.6.0

-2.9-2.0

2.74.61.6.9

2.11.21.9

-.43.7

.9

.9-1.0-1.2

4.25.27.62.49.9

11.2-2.4

8.712.213.413.16.36.0

15.619.722.036.0

8.935.424.733.423.032.694.822.88.4

-61.015.666.570.1

2.4-16.6-17.9

65.7

-9.2-74.7

62.7

Timeand

savingsdepos-

its

6.33.52.32.6

2.44.87.88.29.28.69.4

11.913.911.0

12.218.326.126.226.327.919.135.430.98.9

43.567.774.063.556.277.6

107.1106.699.674.4

124.972.0

119.7201.8229.6133.0106.597.8

159.0

23.190.468.3

209.5

196.2138.7190.4110.8

151.3162.8112.5

Moneymarket

fundshares

2.41.3.0

-.26.0

30.6

24.590.732.8

-31.144.012.133.021.418.1

18.832.334.4

49.7-27.4-7.357.4

44.1104.9119.8

Securities

Govern-ment

securi-ties2

-1.5.5

1.0

.9-.67.43.7

.26.44.63.7

-2.68.4

2.1.8

1.1-.83.93.9

13.7-2.5

2.327.0

-5.7-11.0

1&617.817.68.6

13.432.166.0

33.443.269.899.0

125.9120.8-2.4140.6177.7

98.8234.2138.490.8

122.8137.9259.5190.7

272.0119.0164.2

Corpo-rateequi-ties3

1.21.11.0

.71.81.51.0.7

1.12.01.51.8.6

.01.1

-1.4-1.6

-lie-.1

-3.3-6.2-2.2

-.7-4.3-8.8-4.3-2.1-6.2

-~L3-12.5-25.5

-9.9-35.7-11.3

.5-53.4-34.3

16.4-24.8

-120.6

107.4-96.3-55.9-54.6

-55.8-133.9-100.2-192.6

-160.5-52.9-84.9

Othersecuri-ties4

-0.8

~!l

-.7.3.0.5

-.81.01.1.8

1.0-.2

2.3-.2-.41.3

'.B2.45.27.8

10.0

6.96.7

-1.09.1

13.5-2.1

2.217.28.74.8

-14.5-9.1

-25.83.8

.351.237.228.937.5

56.132.610.416.7

-55.1159.6

66.8-21.5

51.550.465.9

Insur-anceand

pensionre-

serves8

5.15.45.35.6

6.16.37.77.97.88.59.59.5

10.411.9

11.512.113.013.916.417.019.318.819.921.8

24.228.048.539.943.771.956.678.695.0

101.8

118.5117.9148.0159.2157.7185.6202.9195.2224.4

188.0234.5157.7200.5

190.8214.9168.7323.0

149.8161.6103.3

Otherfinan-

cialas-

sets6

3.72.62.11.6

2.91.62.82.42.01.73.41.94.31.9

3.74.32.52.13.13.14.16.75.73.9

3.96.29.28.49.3

10.116.625.434.938.8

35.48.8

21.328.936.667.072.930.264.8

16.644.361.4

-1.3

47.9105.5

63.941.8

17.2109.5

99.8

Net investment intangible assets 7

Owner-occu-pied

homes

3.87.09.58.7

12.112.111.712.713.117.316.213.812.817.0

15.713.514.015.515.715.314.512.617.017.2

14.622.329.233.127.927.541.961.077.886.7

66.659.735.676.295.497.1

114.6134.0151.3

131.9128.7138.9136.9

144.6149.2154.5157.6

161.8166.0170.9

Con-sumerdura-bles

6.79.4

10.210.9

14.911.48.7

10.37.0

12.78.87.93.77.7

7.34.58.6

11.915.120.223.221.326.926.2

19.925.734.841.229.928.442.953.358.854.0

31.937.437.262.798.8

117.6125.4115.7131.6

104.8116.0130.5111.5

129.1133.1126.7137.3

132.1132.4145.7

Non-cor-

poratebusi-nessas-

sets8

2.01.36.92.0

7.24.41.9.8

1.72.91.02.12.94.3

3.24.97.09.28.8

12.49.9

10.710.013.3

13.119.526.631.914.97.52.7

15.218.912.4

-6.219.5

-4.0-11.6

14.41.03.2

-12.6-26.4

-11.8-6.2

-20.6-12.2

-16.3-21.7-19.5-48.5

-21.8-39.2-52.3

Less: Net increase indebt

Mort-gagedebton

non-farm

homes

4.04.94.84.4

7.16.66.47.69.0

12.311.08.89.6

12.9

11.412.313.916.617.417.113.412.917.218.3

13.526.238.844.234.638.860.891.5

109.4117.1

96.473.852.9

120.4136.7157.0216.8234.0229.0

230.1261.0220.0224.7

171.6300.7231.4212.5

204.8187.7196.0

Con-sumercredit

2.93.53.13.1

4.61.45.24.11.47.03.62.6.3

7.7

4.02.25.98.59.5

10.15.95.1

10.810.1

4.614.119.023.09.08.0

22.936.745.140.5

2.616.916.449.081.682.558.032.951.1

-16.438.255.754.1

43.751.935.573.1

34.846.030.9

Otherdebt89

0.22.42.62.3

5.73.83.52.55.36.14.63.26.96.1

6.17.06.4

10.111.113.712.517.618.121.5

20.633.248.430.056.233.945.964.487.9

118.2

110.2100.4115.1130.2162.7198.0120.5105.2113.1

88.6150.0136.545.6

120.688.6

154.588.5

136.496.5

142.3

1 Saving by households, personal trust funds, 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 sponsored agency securities,

mortgage pool securities, and State and local obligations.3 Includes mutual fund shares.4 Corporate and foreign bonds and open-market paper.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, and nonlife insurance claims for households and of

consumer credit, equity in sponsored agencies, and nonlife insurance claims for noncorporate 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 C-30.—Number and median income (in 1988 dollars) of families and persons, and poverty status,

by race, 1970-88

Year

ALL RACES19701971197219731974 3

19751976197719781979*1980198119821983 3

1984198519861987 3

1988WHITE19701971197219731974 3

19751976197719781979 4

1980198119821983 3

1984 ...1985 .1986 .1987 3

1988BLACK19701971197219731974 3

1975197619771978 .1979 *19801981 ....19821983 3

19841985 .19861987 3

1988

Families 1

Num-ber

(mil-lions)

52.253.354.455.155.756.256.757.257.859.660.361.061.462.062.763.664.565.265.8

46.547.648.548.949.449.950.150.550.952.252.753.353.453.954.455.055.756.156.5

4.95.25.35.45.55.65.85.85.96.26.36.46.56.76.86.97.17.27.4

Medianincome

$30,08430,04231,46032,10930,96030,16631,09931,25232,00631,91730,18229,13628,72729,30730,09630,49331,79632,25132,191

31,20931,17332,68533,55832,17431,37432,30332,67933,32733,30531,44730,60630,16130,68831,52332,05133,25533,72533,915

19,14418,81119,42619,36819,21119,30419,21518,66819,73918,86018,19617,26516,67017,29517,57018,45519,00119,16819,329

Below poverty level

Total

Num-ber

(mil-lions)

5.35.35.14.84.95.55.35.35.35.56.26.97.57.67.37.27.07.06.9

3.73.83.43.23.43.83.63.53.53.64.24.75.15.24.95.04.84.64.5

1.51.51.51.51.51.51.61.61.61.71.82.02.22.22.12.02.02.12.1

Rate

10.110.09.38.88.89.79.49.39.19.2

10.311.212.212.311.611.410,910.710.4

8.07.97.16.66.87.77.17.06.96.98.08.89.69.79.19.18.68.17.9

29.528.829.028.126.927.127.928.227.527.828.930.833.032.330.928.728.029.428.2

Femalehouseholder

Num-ber

(mil-lions)

2.02.12.22.22.32.42.52.62.72.63.03.33.43.63.53.53.63.73.6

1.11.21.11.21.31.41.41.41.31.41.61.81.81.91.92.02.02.01.9

.8

.91.01.01.01.01.11.21.21.21.31.41.51.51.51.51.51.61.6

Rate

32.533.932.732.232.132.533.031.731.430.432.734.636.336.034.534.034.634.233.5

25.026.524.324.524.825.925.224.023.522.325.727.427.928.327.127.428.226.926.5

54.353.553.352.752.250.152.251.050.649.449.452.956.253.751.750.550.151.149.0

Personsbelow

poverty level

Num-ber

(mil-lions)

25.425.624.523.023.425.925.024.724.526.129.331.834.435.333.733.132.432.331.9

17.517.816.215.115.717.816.716.416.317.219.721.623.524.023.022.922.221.220.8

7.57.47.77.47.27.57.67.77.68.18.69.29.79.99.58.99.09.69.4

Rate

12.612.511.911.111.212.311.811.611.411.713.014.015.015.214.414.013.613.413.1

9.99.99.08.48.69.79.18.98.79.0

10.211.112.012.111.511.411.010.410.1

33.532.533.331.430.331.331.131.330.631.032.534.235.635.733.831.331.132.631.6

Median income of persons 15 years oldand over with income z

Males

Allpersons

$20,33720,16421,08521,46520,28119,46719,59719,76219,84119,19417,98917,53417,10117,41417,76217,93318,47318,52218,908

21,37621,13922,11522,52221,24620,45020,66020,69920,78120,05119,13518,60518,08018,32018,74918,81319,49419,68719,959

12,67512,60713,39513,62313,16412,22612,43912,28312,44912,41211,49811,06310,83510,71410,75711,83911,68111,67912,044

Year-round

full-timeworkers

$28,00228,13229,82430,55629,32828,90228,81429,41929,14328,48227,52626,92926,54726,73227,33127,48527,94927,78527,342

28,80428,92430,90031,44030,06029,59529,67330,02029,68429,30528,31227,56227,25427,44528,26728,24828,73028,43328,262

19,62019,77820,86721,19021,31621,65521,25220,69722,73521,12019,92019,50119,35719,56819,29119,75820,25620,33020,716

Females

Allpersons

$6,8217,0347,3567,4507,3967,4437,4357,6937,3817,0917,0647,1037,2177,6087,8207,9358,2148,6388,884

6,9097,1517,4047,5227,4807,5207,4977,8117,4707,1587,1027,1837,3157,7417,9128,0898,3768,8599,103

6,2906,2666,9176,7896,7526,8327,0656,7456,7266,5156,5756,3816,4526,6157,0186,9017,0877,2377,349

Year-round

full-timeworkers

$16,58616,65317,13117,28717,21516,97317,28117,20617,49317,16016,64116,21216,75017,20817,55917,86818,18018,29118,545

16,87916,84517,46817,58017,36117,01317,41417,31617,65817,31016,80216,48316,97517,43917,73418,12118,45818,62918,823

13,83014,87414,94314,90716,02216,25416,28116,18316,36615,86115,67014,88615,17215,48015,98116,04116,15216,63916,867

^he term "family" refers to a croup of two or more persons related by blood, 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 Prior to 1979, data are for persons 14 years and over.3 Based on revised methodology; comparable with succeeding years.

* Based on 1980 census population controls; comparable with succeeding years.Note.—The poverty level is based on the poverty index adopted by a Federal interagency committee in 1969. That index reflected

different consumption requirements for families based on size and composition, sex and age of family householder, and farm-nonfarmresidence. Minor revisions implemented in 1981 eliminated variations in the poverty thresholds based on two of these variables, farm-nonfarm residence and sex of householder. The poverty thresholds are updated every year to reflect changes in the consumer priceindex. For further details, see "Current Population Reports," Series P-60, No. 160.

Source: Department of Commerce, Bureau of the Census.


POPULATION, EMPLOYMENT, WAGES, AND PRODUCTIVITY

TABLE C-31.—Population by age groups, 1929-89[Thousands of persons]

Julyl

1929

1933

1939

194019411942.19431944

19451946 ..194719481949

19501951195219531954

19551956 .. .195719581959

I960196119621963....,1964

19651966196719681969

19701971197219731974

19751976197719781979

19801981198219831984

19851986198719881989

Total

121 767

125 579

130,880

132,122133 402134 860136,739138 397

139 928141 389144,126146 631149,188

- 152271154,878157 553160,184163 026

165 931168 903171,984174 882177,830

~ 180671183 691186 538189,242191 889

194 303196 560198 712200 706202 677

K-- 205052207 661209,896211 909213,854

215973218,035220 239222 585225 055

227 757230 138232,520234 799237 001

239 2791 241,6251 243 934246,329248 777

Under 5

11734

10612

10,418

10,579108501130112,01612524

129791324414,4061491915607

1641017,3331731217,63818057

185661900319,4941988720175

20341205222046920,34220165

19824192081856317*91317376

17 16617*2441710116 85116487

1612115*617155641573516063

164581693117*2981765117830

180041815218252

5-15

26800

26897

25,179

24,811245162423124,09323949

239072410324,4682520925852

2672127,279288943022731480

326823399435,2723644537368

3849439765412054162642297

4293843*7024424444*62244840

448164459144*20343 58242*989

4250842*099412984042839*552

388443819037*8773766837657

3769137*70637685

16-19

9127

9302

9,822

9,895984097309,6079561

93619,1199,09789528,788

85428,44684148,4608637

874489169,195954310215

106831102511 1801200712736

1351614*3111420014*45214800

1528915688160391644616*769

1701717*194172761728817242

17 1601677116*2551570415141

148191480214958

Age (years)

20-24

10694

11152

11,519

11,690118071195512,06412062

1203612,00411,8141179411,700

1168011,5521135011,06210832

107141061610,6031075610969

111341148311*9591271413269

1374614*0501524815*78616480

1720218*1591815318 52118*975

1952719*986204992094621297

21584218212180721 70021536

212142060819984

25-44

35862

37319

39,354

39,868403834086141,42042016

425214302743,6574428844916

4567246,1034649546,78647001

471944737947,4404733747192

471404708447*01346,99446958

46912470014719447*72148064

4847348*936504825174953*051

5430255*852575615940061379

634946561967*8566997172049

740777612477897

45-64

21076

22933

25,823

26,249267182719627,67128138

286302906429,4982993130,405

3084931,3623188432,39432942

335063405734,5913510935,663

36203367223725537,78238338

3891639534401934084641437

4199942*482428984323543522

4380144008441504428644390

445154456944,6024468044818

4493445,05545303

65 andover

6474

7363

8,764

9,03192889,5849,86710147

1049410,82811,18511,53811,921

12,39712,80313,20313,61714,076

1452514,93815,38815,80616,248

16,6751708917,45717,77818127

1845118,7551907119,36519680

2010720,56121,0202152522,061

2269623,27823,8922450225134

25,7042623526,82527,42627971

2854029,16729835

1 Total revised January 1989; detail not revised.Note.—Includes Armed Forces overseas beginning 1940. Includes Alaska and Hawaii beginning 1950.Source: Department of Commerce, Bureau of the Census.


TABLE C-32.—Population and the labor force, 1929-89

[Monthly data seasonally adjusted, except as noted]

Year or month

192919331939

19401941194219431944

1945 . .19461947

194719481949

19501951195219536195419551956195719581959

I9606 .. ..19611962 61963196419651966196719681969

19701971197261973619741975197619771978 61979.

19801981 .. ..19821983198419851986 6198719881989

1985: JanFebMar

fciJune

JulyAugSeptOctNovDec

Civiliannoninsti-tutionalpopula-tion1

Resi-dentArmedForces 1

Laborforceinclud-ing

residentArmedForces

Employ-mentinclud-

residentArmedForces

Civilian labor force

Total

Employment

TotalAgri-cul-tural

Non-agri-

cultural

Un-em-Ploy-ment

Thousands of persons 14 years of age and over

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

37,18028,67036,14037,98041,25044,50045,39045,010

44,24046,93049,557

1,55012,8309,480

8,1205,5602,6601,070670

1,0402,2702,356


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

177,384177,516177,667177,799177,944178,096

178,263178,405178,572178,770178,940179,112

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

1,8611,9002,0612,0062,0181,9462,1222,2182,2532,238

2,1181,9731,8131,7741,7211,6781,6681,6561,6311,597

1,6041,6451,6681,6761,6971,7061,7061,7371,7091,688

1,6971,7031,7011,7021,7051,702

1,7041,7261,7321,7001,7021,698

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

71,48972,35972,67573,83975,10976,40177,89279,56580,99082,972

84,88986,35588,84791,20393,67095,45397,826100,665103,882106,559

108,544110,315111,872113,226115,241117,167119,540121,602123,378125,557

116,422116,579117,029117,033116,939116,667

117,024117,017117,637117,845117,837118,052

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

67,63967,64668,76369,76871,32373,03475,01776,59078,17380,140

80,79681,34083,96686,83888,51587,52490,42093,67397,679100,421

100,907102,042101,194102,510106,702108,856111,303114,177116,677119,030

107,999108,258108,690108,638108,637108,207

108,511108,821109,389109,547109,709109,914

59,35060,62161,286

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

69,62870,45970,61471,83373,09174,45575,77077,34778,73780,734

82,77184,38287,03489,42991,94993,77596,15899,009102,251104,962

106,940108,670110,204111,550113,544115,461117,834119,865121,669123,869

114,725114,876115,328115,331115,234114,965

115,320115,291115,905116,145116,135116,354

57,03858,34357,651

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

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

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

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

106,302106,555106,989106,936106,932106,505

106,807107,095107,657107,847108,007108,216

7,8907,6297,658

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

5,4585,2004,9444,6874,5234,3613,9793,8443,8173,606

3,4633,3943,4843,4703,5153,4083,3313,2833,3873,347

3,3643,3683,4013,3833,3213,1793,1633,2083,1693,199

3,3173,3173,2503,3063,2803,161

3,1433,1213,0643,0513,0623,141

49,14850,71449,993

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

60,31860,54661,75963,07664,78266,72668,91570,52772,10374,296

75,21575,97278,66981,59483,27982,43885,42188,73492,66195,477

95,93897,03096,12597,450101,685103,971106,434109,232111,800114,142

102,985103,238103,739103,630103,652103,344

103,664103,974,104,593104,796104,945105,075

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

8,4238,3218,3398,3958,3028,460

8,5138,1968,2488,2988,1288,138

Unemploy-ment rate

Allwork-ers2

Civil-ian

work-ers3

Civil-ian

laborforce

tici-pationrate4

Civil-ianem-ploy-ment/pop-ula-tionratio5

Percent

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

7.27.17.17.27.17.3

7.37.07.07.06.96.9

3224.9172

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

7.37.27.27.37.27.4

7.47.17.17.17.07.0

55.756.057.258.758.657.255.856.8

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

64.764.764.964.964.864.6

64.764.664.965.064.965.0

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

56.155.455.555.455.756.256.957.357.558.057.456.657.057.857.856.156.857.959.359.9

59.259.057.857.959.560.160.761.562.363.0

59.960.060.260.160.159.8

59.960.060.360.360.460.4



TABLE C-32.—Population and the labor force, 1929-89—Continued

[Monthly data seasonally adjusted, except as noted]

Year or month

1986: Jan8

Feb. .MarAprMayJune


1987: JanFebMarAprMayJune


1988: JanFebMar

MayJuneJulyAugSep8tOctNovDec


i«iyAugSeptOctNovDec

Civiliannoninsti-tutionalpopula-tion1

Resi-dent

ArmedForces1

Laborforce

includ-ing

residentArmedForces

Employ-ment

includingresidentArmedForces

Civilian labor force

Total

Employment

TotalAgri-cul-tural

Non-agri-

cultural

Un-em-Ploy-ment


179,670179,821179,985180,148180,311180,503180,682180,828180,997181,186181,363181,547181,827181,998182,179182,344182,533182,703182,885183,002183,161183,311183,470183,620183,822183,969184,111184,232184,374184,562184,729184,830184,962185,114185,244185,402

185,644185,777185,897186,024186,181186,329186,483186,598186,726186,871187,017187,165

1,6911,6911,6931,6951,6871,6801,6721,6971,7161,7491,7511,7501,7481,7401,7361,7351,7261,7181,7201,7361,7431,7411,7551,7501,7491,7361,7361,7321,7141,6851,6731,6921,7041,6871,7051,696

1,6961,6841,6841,6841,6731,6661,6661,6881,7021,7091,7041,700

118,352118,585118,898119,029119,233119,770119,823119,843120,099120,256120,377120,365120,550120,863121,007121,101121,749121,353121,642122,036121,760122,237122,282122,517122,665122,887122,664123,027122,829123,221123,372123,766123,710123,852124,215124,346

124,961124,801124,929125,299125,224125,777125,679125,758125,725125,857126,192126,246

110,569110,163110,530110,649110,787111,279111,496111,710111,788112,011112,216112,479112,695112,984113,162113,521114,160113,981114,330114,760114,655115,035115,266115,590115,755115,957115,803116,381116,010116,693116,704116,911117,097117,334117,717117,837

118,336118,441118,731118,768118,805119,208119,102119,238119,121119,294119,540119,588

116,661116,894117,205117,334117,546118,090118,151118,146118,383118,507118,626118,615118,802119,123119,271119,366120,023119,635119,922120,300120,017120,496120,527120,767120,916121,151120,928121,295121,115121,536121,699122,074122,006122,165122,510122,650

123,265123,117123,245123,615123,551124,111124,013124,070124,023124,148124,488124,546

108,878108,472108,837108,954109,100109,599109,824110,013110,072110,262110,465110,729110,947111,244111,426111,786112,434112,263112,610113,024112,912113,294113,511113,840114,006114,221114,067114,649114,296115,008115,031115,219115,393115,647116,012116,141

116,640116,757117,047117,084117,132117,542117,436117,550117,419117,585117,836117,888

3,2833,0823,1973,1623,1633,2033,1393,0823,1643,1253,2193,1453,1333,1963,2133,2493,3573,2423,2333,1113,1823,2173,1493,2073,2343,1813,1673,2233,1313,1553,0563,1163,1593,2223,2563,192

3,2683,1963,1853,1443,1373,1383,2173,2753,2193,1973,1603,197

105,595105,390105,640105,792105,937106,396106,685106,931106,908107,137107,246107,584107,814108,048108,213108,537109,077109,021109,377109,913109,730110,077110,362110,633110,772111,040110,900111,426111,165111,853111,975112,103112,234112,425112,756112,949

113,372113,561113,862113,940113,995114,404114,219114,275114,200114,388114,676114,691

7,7838,4228,3688,3808,4468,4918,3278,1338,3118,2458,1617,8867,8557,8797,8457,5807,5897,3727,3127,2767,1057,2027,0166,9276,9106,9306,8616,6466,8196,5286,6686,8556,6136,5186,4986,509

6,6256,3606,1986,5316,4196,5696,5776,5206,6046,5636,3526,658

Unemploy-ment rate

Allwork-ers2

Civil-ian

work-ers8

Civil-ian

laborforcepar-tici-

pationrate4

Civil-ianem-ploy-

ment/pop-ula-tion

ratio5

Percent

6.67.17.07.07.17.16.96.86.96.96.86.66.56.56.56.36.26.16.06.05.85.95.75.75.65.65.65.45.65.35.45.55.35.35.25.2

5.35.15.05.25.15.25.25.25.35.25.35.3

6.77.27.17.17.27.27.06.97.07.06.96.66.66.66.66.46.36.26.16.05.96.05.85.75.75.75.75.55.65.45.55.65.45.35.35.3

5.45.25.05.35.25.35.35.35.35.35.35.3

64.965.065.165.165.265.465.465.365.465.465.465.365.365.565.565.565.865.565.665.765.565.765.765.865.865.965.765.865.765.965.966.066.066.066.166.2

66.466.366.366.566.466.666.566.566.466.466.666.5

60.660.360.560.560.560.760.860.860.860.960.961.061.061.161.261.361.661.461.661.861.661.861.962.062.062.162.062.262.062.362.362.362.462.562.662.6

62.862.863.062.962.963.163.063.062.962.963.063.0

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.6 Not strictly comparable with earlier data due to population adjustments as follows: Beginning 1953, introduction of 1950 census

data added about 600,000 to population and 350,000 to labor force, total employment, ana 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 ana labor force and 350,000 to civilian employment. Unemploymentlevels and rates were not significantly affected.

Note.—Labor force data in Tables C-32 through C-41 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 C-33.—Civilian employment and unemployment by sex and age, 1947-89

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

Year or month

1947194819491950195119521953 x

195419551956195719581959I960119611962 11963196419651966196719681969197019711972 »1973 »19741975197619771978 !19791980198119821983198419851986 *1987198819891988- Jan

FebMarAprMayJuneJulyAugSeptOctNovDec

1989: JanFebMarAprWayJuneJulyAugSeptOctNovDec

Civilian employment

Total

57,03858,34357,65158,91859,96160,25061,17960,10962,17063,79964,07163,03664,63065,77865,74666,70267,76269,30571,08872,89574,37275,92077,90278,67879,36782,15385,06486,79485,84688,75292,01796,04898,82499,303100,39799,526100,834105,005107,150109,597112,440114,968117,342114,006114,221114,067114,649114,296115,008115,031115,219115,393115,647116,012116,141116,640116,757117,047117,084117,132117,542117,436117,550117,419117,585117,836117,888

Males

Total

40,99541,72540,92541,57841,78041,68242,43041,61942,62143,37943,35742,42343,46643,90443,65644,17744,65745,47446,34046,91947,47948,11448,81848,99049,39050,89652,34953,02451,85753,13854,72856,47957,60757,18657,39756,27156,78759,09159,89160,89262,10763,27364,31562,82262,9916275363,26663,10963,33463,37563,39663,54163,49263,62163,61163,76464,00864,29364,20664,20264,57764,44064,40064,15064,51364,48264,618

16-19years

2,2182,3442,1242,1862,1562,1072,1361,9852,0952,1642,1152,0122,1982,3612,3152,3622,4062,5872,9183,2533,1863,2553,4303,4093,4783,7654,0394,1033,8393,9474,1744,3364,3004,0853,8153,3793,3003,3223,3283,3233,3813,4923,4773,5103,4713,3583,4633,4823,5863,5123,5473,5263,4253,5383,4783,3663,4423,5103,4903,4283,5053,5253,5393,4213,4873,4493,464

20yearsandover

38,77639,38238,80339,39439,62639,57840,29639,63440,52641,21641,23940,41141,26741,54341,34241,81542,25142,88643,42243,66844,29444,85945,38845,58145,91247,13048,31048,92248,01849,19050,55552,14353,30853,10153,58252,89153,48755,76956,56257,56958,72659,78160,83759,31259,52059,39559,80359,62759,74859,86359,84960,01560,06760,08360,13360,39860,56660,78360,71660,77461,07260,91560,86160,72961,02661,03361,154

Females

Total

16,04516,61716,72317,34018,18118,56818,74918,49019,55120,41920,71420,61321,16421,87422,09022,52523,10523,83124,74825,97626,89327,80729,08429,68829,97631,25732,71533,76933,98935,61537,28939,56941,21742,11743,00043,25644,04745,91547,25948,70650,33451,69653,02751,18451,23051,31451,38351,18751,67451,65651,82351,85252,15552,39152,53052,87652,74952,75452,87852,93052,96552,99653,15053,26953,07253,35453,270

16-19years

1,6911,6821,5881,5171,6111,6121,5841,4901,5471,6541,6631,5701,6401,7681,7931,8331,8491,9292,1182,4682,4962,5262,6872,7352,7302,9803,2313,3453,2633,3893,5143,7343,7833,6253,4113,1703,0433,1223,1053,1493,2603,3133,2823,3183,3353,2533,2353,2043,4343,3903,3073,3533,3303,2833,3313,3593,2943,2873,3183,2813,2783,1793,2753,2853,2763,3113,222

20yearsandover

14,35414,93615,13715,82416,57016,95817,16417,00018,00218,76719,05219,04319,52420,10520,29620,69321,25721,90322,63023,51024,39725,28126,39726,95227,24628,27629,48430,42430,72632,22633,77535,83637,43438,49239,59040,08641,00442,79344,15445,55647,07448,38349,74547,86647,89548,06148,14847,98348,24048,26648,51648,49948,82549,10849,19949,51749,45549,46749,56049,64949,68749,81749,87549,98449,79650,04350,048

Unemployment

Total

2,3112,2763,6373,2882,0551,8831,8343,5322,8522,7502,8594,6023,7403,8524,7143,9114,0703,7863,3662,8752,9752,8172,8324,0935,0164,8824,3655,1567,9297,4066,9916,2026,1377,6378,27310,67810,7178,5398,3128,2377,4256,7016,5286,9106,9306,8616,6466,8196,5286,6686,8556,6136,5186,4986,5096,6256,3606,1986,5316,4196,5696,5776,5206,6046,5636,6526,658

Males

Total

1,6921,5592,5722,2391,2211,1851,2022,3441,8541,7111,8413,0982,4202,4862,9972,4232,4722,2051,9141,5511,5081,4191,4032,2382,7892,6592,2752,7144,4424,0363,6673,1423,1204,2674,5776,1796,2604,7444,5214,5304,1013,6553,5253,7453,6753,7873,5673,7613,5933,6303,8043,5903,5793,5433,5503,6403,5043,2863,5663,4293,4643,4273,4853,6793,5533,6243,582

16-19years

270256353318191205184310274269300416398426479408501487479432448426440599693711653757966939874813811913962

1,0901,003812806779732667658678640727655647655739682690678586635753677601644668662606629637661690665

20yearsandover

1,4221,3052,2191,9221,029980

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

1,6382,0971,9481,6241,9573,4763,0982,7942,3282,3083,3533,6155,0895,2573,9323,7153,7513,3692,9872,8673,0673,0353,0602,9123,1142,9382,8913il222,9002,9012,9572,9152,8872,8272,6852,9222,7612,8022,8212,8563,0422,8922,9342,917

Females

Total

619717

1,0651,049834698632

1,188998

1,0391,0181,5041,3201,3661,7171,4881,5981,5811,4521,3241,4681,3971,4291,8552,2272,2222,0892,4413,4863,3693,3243,0613,0183,3703,6964,4994,4573,7943,7913,7073,3243,0463,0033,1653,2553,0743,0793,0582,9353,0383,0513,0232,9392,9552,9592,9852,8562,9122,9652,9903,1053,1503,0352,9253,0103,0283,076

16-19years

144153223195145140123191176209197262256286349313383385395405391412413506568598583665802780789769743755800886825687661675616558536606605588609575479520588561521506545541495503516519573582558551525530538

20yearsandover

475564841854689559510997823832821

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

1,078985

1,0151,3491,6581,6251,5071,7772,6842,5882,5352,2922,2762,6152,8953,6133,6323,1073,1293,0322,7092,4872,4672,5592,6502,4862,4702,4832,4562,5182,4632,4622,4182,4492,4142,4442,3612,4092,4492,4712,5322,5682,4772,3742,4852,4982,538

1 See footnote 6, Table C-32.Note.—See Note, Table C-32.Source: Department of Labor, Bureau of Labor Statistics.


TABLE C-34.—Civilian employment by demographic characteristic, 1954-89


Year ormonth

195419551956195719581959

I960196119621963196419651966196719681969

1970197119721973197419751976197719781979

1980198119821983198419851986198719881989



1989: JanFebMar

fcJune


Allcivilianworkers

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

114,006114,221114,067114,649114,296115,008

115,031115,219115,393115,647116,012116,141

116,640116,757117,047117,084117,132117,542

117,436117,550117,419117,585117,836117,888

White

Total

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

87,71588,70987,90388,89392,12093,73695,66097,78999,812101,584

98,95199,27599,17899,61999,44099,901

99,76399,948100,126100,284100,644100,649

101,137101,187101,413101,400101,432101,683

101,546101,684101,579101,862101,991102,032

Males

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

55,19055,39655,21055,49455,44255,613

55,63055,61155,71955,68855,84555,792

56,01756,14056,39556,29456,26856,511

56,39356,42356,16756,53656,49656,571

Fe-males

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

43,76143,87943,96844,12543,99844,288

44,13344,33744,40744,59644,79944,857

45,12045,04745,01845,10645,16445,172

45,15345,26145,41245,32645,49545,461

Bothsexes16-19

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

6,0756,0955,8635,9465,9396,240

6,0896,0076,0615,9696,0496,027

5,9885,9456,0116,0025,9425,967

5,8385,9865,9065,9425,9235,811

Black and other

Total

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

15,04914,91914,88215,01414,88615,050

15,26315,25015,25715,42715,36215,492

15,49215,57115,63915,67615,71915,767

15,89515,86615,84715,79715,86115,841

Males

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

7,6587,5797,5477,7577,6757,690

7,7507,7857,8087,8057,7817,827

7,7967,8697,9127,8987,9288,021

8,0517,9977,9757,9818,0078,027

Fe-males

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

7,3917,3407,3357,2577,2117,360

7,5137,4657,4497,6227,5817,665

7,6967,7027,7277,7787,7917,746

7,8447,8697,8727,8167,8547,814

Bothsexes16-19

396418430407365362

430414420404440474545568584609

574538573647652615611619703727

689637565543607666681742774813

769715725750758780

807795804797776806

761808772806773797

856800792832856879

Black

Total

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

9,3139,3559,1899,37510,11910,50110,81411,30911,65811,953

11,57911,51311,45211,55011,50711,531

11,74211,73111,75011,81711,82911,872

11,86711,88311,95211,87211,96211,969

12,06311,96111,93811,92311,95411,920

Males

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

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

5,7765,7345,6945,8485,8035,799

5,8205,8685,8835,8955,8755,897

5,8785,8915,9395,8685,9025,966

6,0055,9245,9095,9225,9285,926

Fe-males

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

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

5,8035,7795,7585,7025,7045,732

5,9225,8635,8675,9225,9545,975

5,9895,9926,0136,0046,0606,003

6,0586,0376,0296,0016,0265,994

Bothsexes16-19

509570554507508508571579

547505428416474532536587601625

588542540576597606

623628626625619628

590626606611611624

687624585624645670

Note.—See footnote 6 and Note, Table C-32.Source: Department of Labor, Bureau of Labor Statistics.


TABLE C-35.—Unemployment by demographic characteristic, 1954-89


Year ormonth

19541955.1956195719581959

I960196119621963196419651966196719681969

197019711972197319741975197619771978... .1979

1980198119821983198419851986198719881989..

1988: JanFebMarAprfayJune


1989: JanFebMar

May".'."'.'.'.'.June

J"'yAugSeptOctNovDec

Allcivilianworkers

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

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

6,9106,9306,8616,6466,8196,528

6,6686,8556,6136,5186,4986,509

6,6256,3606,1986,5316,4196,569

6,5776,5206,6046,5636,6526,658

White

Total

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

5,1295,1074,9814,8134,9434,835

4,8935,1174,9904,8434,8064,805

4,8624,5734,5134,8084,7204,791

4,8384,8014,8144,7564,8434,864

Males

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

2,8712,7212,8552,6682,8002,709

2,7292,9122,7792,7302,6852,707

2,7352,6002,4692,6462,5602,588

2,5832,6052,7762,6332,6972,655

Fe-males

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

2,2582,3862,1262,1452,1432,126

2,1642,2052,2112,1132,1212,098

2,1271,9732,0442,1622,1602,203

2,2552,1962,0382,1232,1462,209

Bothsexes16-19

423373382401541525

575669580708708705651635644660

8711,0111,021955

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

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

965882996962880873

895950953897800866

961836810848873887

853872824843875869

Black and other

Total

673601591570923793

788971861863787678622638590571

754930977924

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

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

1,8201,8261,8971,7881,8451,718

1,7261,7341,6261,6751,7061,713

1,8101,7821,7061,6761,6751,800

1,6971,7081,7941,8041,8251,807

Males

431376345364610517

498599509496426360310300277267

380481486440544815779784731714

922997

1,3341,4011,1441,0951,097969888889

903962975874932883

867876801850868849

944912862892841869

812864891917939938

Fe-males

242225246206313276

290372352367361318312338313304

374450491484514692713766774759

830933

1,1041,1871,0221,026999955869868

917864922914913835

859858825825838864

866870844784834931

885844903887886869

Bothsexes16-19

79779596138128

138159142176165171186203194193

235249288280318355355379394362

377388443441384394383353316331

328353335292339274

316331306304301310

339324312302313365

295318375344354331

Black

Total

906846965

1,3691,3341,3931,3301,319

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

1,5751,6011,6531,5901,6041,506

1,5341,5301,4551,4911,4901,535

1,5801,5601,4771,4641,4921,600

1,4851,5151,5801,5841,6221,602

Males

448395494741698698641636

815891

1,1671,2131,003951946826771773

763823834757805763

756757714762756755

797790742768748773

704762782796823829

Fe-males

458451470629637695690683

738840975

1,059911913894858776772

812778819833799743

778773741729734780

783770735696744827

781753798788799773

Bothsexes16-19

279262297330330354360333

343357396392353357347312288300

297316302266307247

293302290277283278

302297279283293338

266292334313311297

Note.—See footnote 6 and Note, Table C-32.Source: Department of Labor, Bureau of Labor Statistics.


TABLE C-36.—Labor force participation rate and employment/population ratio, 1948-89

[Percent; monthly data seasonally adjusted]

Year or month

19481949195019511952195319541955....1956195719581959196019611962196319641965..196619671968...19691970197119721973197419751976197719781979198019811982198319841985.19861987198819891988: Jan


1989: JanFebMarAprMayJuneJulyAugSeptOctNovDec

Labor force participation rate

Total »

59.760.160.059.759.660.060.760.360.159.960.060.059.559.359.459.559.860.260.360.861.060.760.961.361.761.662.062.663.564.064.164.264.364.464.765.165.665.966.266.866.166.266.066.266.066.266.266.466.366.366.466.566.766.666.666.866.766.966.866.866.766.766.966.8

Civilian2

Total

58.858.959.259.259.058.958.859.360.059.659.559.359.459.358.858.758.758.959.259.659.660.160.460.260.460.861.361.261.662.363.263.763.863.964.064.064.464.865.365.665.966.565.865.965.765.865.765.965.966.066.066.066.166.266.466.366.366.566.466.666.566.566.466.466.666.5

Males

86.686.486.486.386.386.085.585.485.584.884.283.783.382.982.081.481.080.780.480.480.179.879.779.178.978.878.777.977.577.777.977.877.477.076.676.476.476.376.376.276.276.476.176.276.076.276.276.276.276.476.376.176.276.176.376.376.476.576.376.776.476.476.376.576.576.5

Fe-males

32733.133.934.634.734.434.635.736.936.937.137 137.738.137.938.338.739.340.341.141.642.743.343.443.944.745.746.347.348.450.050.951.552.152.652.953.654.555.356.056.657.456.456.556.456.456.156.556.556.756.656.857.057.157.457.157.257.357.357.557.557.557.557.357.657.5

Bothsexes16-19years

52552.251.852.251.350.248.348.950.949.647.446747.546.946.145.244.545.748.248.448.349.449.949.751.953.754.854.054.556.057.857.956.755.454.153.553.954.554.754.755.355.955.655.254.354.554.256.156.256.156.255.054.855.355.655.055.255.755.556.455.656.555.756.356.656.1

White

58.258.759.459.158.958758.858.858.358.258.258.458.759.259.359.960.260.160.460.861.461.561.862.563.363.964.164.364.364.364.665.065.565.866.266.766.066.266.066.166.166.266.166.466.466.366.566.466.766.566.666.866.766.866.766.866.766.866.966.9

Blackand

other

64.064.264.964.464.864364.564.163.263.063.162.963.062.862.262.161.860.960.260.560.359.659.860.462.262.261.761.361.662.162.663.363.764.364.064.764.563.963.963.963.563.564.264.163.664.364.164.464.664.764.564.464.565.065.064.864.964.664.864.6

Black

••••"""•

'"59i960.259.858.859.059.861.561.461.060.861.061.562.262.963.363.863.864.264.063.863.663.763.563.064.164.063.664.064.064.364.464.364.263.664.164.664.464.064.164.064.263.9

Employment/population ratio

Total 3

56.658.258.258.056.457.558.257.856.156756.856.156.356.156.456.957.658.058.258.758.057.257.558.358.356.557.358.359.760.359.659.458.258.359.960.561.161.962.663.362.462.462.362.662.362.762.662.762.762.863.063.063.263.263.363.363.263.463.363.363.263.363.363.3

Civilian 4

Total

56.655.456.157.357.357.155.556.757.557.155.456056.155.455.555.455.756.256.957.357.558.057.456.657.057.857.856.156.857.959.359.959.259.057.857.959.560.160.761.562.363.062.062.162.062.262.062.362.362.362.462.562.662.662.862.863.062.962.963.163.063.062.962.963.063.0

Males

83.581.382.084.083.983.681.081.882.381.378.579378.977.677.777.177.377.577.978.077.877.676.274.975.075.574.971.772.072.873.873.872.071.369.068.870.770.971.071.572.072.571.872.071.672.271.972.172.172.172.272.172.272.172.172.472.672.572.472.872.672.572.172.572.472.5

Fe-males

31.331.232.033.133.433.332.534.035.135.134.535035.535.435.635.836.337.138.339.039.640.740.840.441.042.042.642.043.244.546.447.547.748.047.748.049.550.451.452.553.454.353.153.153.253.253.053.453.453.553.553.854.054.154.454.254.254.354.354.354.354.454.554.254.554.4

Bothsexes16-19years

47.745.245.547.946.946.442.343.545.343.939.939940.539.139.437.437.338.942.142.242.243.442.341.343.545.946.043.344.246.148.348.546.644.641.541.543.744.444.645.546.847.546.846.745.345.945.848.347.547.347.546.747.347.146.746.947.547.647.247.747.248.147.347.948.047.5

White

55.256.557.356.855.355955.955.355.455.355.556.056.857.257.458.057.556.857.458.258.356.757.558.660.060.660.060.058.858.960.561.061.562.363.163.862.862.962.863.162.963.263.063.163.263.363.563.463.763.763.863.763.763.863.763.863.763.863.863.8

Blackand

other

58.058.759.559.356.757.557.956.256.356.257.057.858.458.258.058.156.854.954.155.054.351.452.052.554.755.253.652.650.951.053.654.755.456.857.458.257.657.056.757.156.557.057.757.657.558.057.758.057.958.058.258.258.358.358.758.558.358.058.158.0

Black

53.754.553.550.150.851.453.653.852.351.349.449.552.353.454.155.656.356.956.456.055.656.055.755.856.756.656.656.956.857.056.856.857.156.757.057.057.356.856.656.556.656.3

1 Labor force including resident Armed Forces as percent of noninstitutional population including resident Armed Forces.2 Civilian labor force as percent of civilian noninstitutional population in group specified.3 Employment including resident Armed Forces as percent of noninstitutional population including resident Armed Forces.4 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 C-32.Source: Department of Labor, Bureau of Labor Statistics.


TABLE C-37.—Civilian labor force participation rate by demographic characteristic, 1954-89

[Percent;1 monthly data seasonally adjusted]

Year or month

195419551956195719581959

I96019611962196319641965....1966196719681969

19701971...1972

19721973197419751976197719781979.. .

19801981198219831984198519861987..19881989


JulyAug

Nov"""I"!Dec. .

1989: JanFebMar.. .

May...June

JulyAugSeptOct..NovDec

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

60.460.861.361.261.662.363.263.7

63.863.964.064.064.464.865.365.665.966.5

65.865.965.765.865.765.9

65.966.066.066.066.166.2

66.466.366.366.566.466.6

66.566.566.466.466.666.5

White

Total

58.258.759.459.158.958.7

58.858.858.358.258.258.458.759.259.359.9

60.260.160.4

60.460.861.461.561.862.563.363.9

64.164.364.364.364.665.065.565.866.266.7

66.066.266.066.166.166.2

66.166.466.466.366.566.4

66.766.566.666.866.766.8

66.766.866.766.866.966.9

Males

Total

85.685.485.684.884.383.8

83.483.082.181.581.180.880.680.680.480.2

8Q.O79.679.6

79.679.479.478.778.478.578.678.6

78.277.977.477.177.177.076.976.876.977.1

76.876.876.776.876.976.9

76.977.177.076.876.976.8

77.177.077.177.277.077.3

77.177.177.077.277.277.2

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

61.059.559.459.458.661.2

60.360.260.759.360.260.5

61.060.060.761.060.960.9

60.361.860.161.561.260.8

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

78.278.378.278.378.478.2

78.378.578.478.378.478.2

78.478.478.578.578.378.7

78.578.478.378.578.578.5

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

51.251.952.452.753.354.155.055.756.457.2

56.156.356.156.356.156.4

56.256.556.556.656.856.9

57.256.956.957.157.257.2

57.257.257.257.257.457.4

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

57.457.955.956.856.258.6

57.457.358.157.356.457.1

57.956.356.657.156.957.6

55.657.457.357.358.256.9

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

55.956.256.156.256.156.2

56.156.456.456.656.956.8

57.156.956.957.157.257.2

57.357.257.257.157.357.4

Black and other or black

Total

Males

Total 16-19years

20yearsandover

Females

Total 16-19years

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

57.655.853.551.549.951.351.451.149.749.6

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

46.146.147.347.148.047.7

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

49.950.149.649.950.751.151.651.651.452.0

51.851.851.2

Black

59.960.259.858.859.059.861.561.4

61.060.861.061.562.262.963.363.863.864.2

64.063.863.663.763.563.0

64.164.063.664.064.064.3

64.464.364.263.664.164.6

64.464.064.164.064.263.9

73.673.472.970.970.070.671.571.3

70.370.070.170.670.870.871.271.171.071.0

71.071.070.671.471.370.6

70.771.170.871.371.071.1

71.271.271.170.570.671.4

71.070.770.770.971.171.1

46.345.746.742.641.343.244.943.6

43.241.639.839.941.744.643.743.643.844.6

43.139.738.741.146.343.9

45.744.944.946.145.343.7

43.546.143.141.841.249.7

46.645.541.144.746.947.7

78.578.477.676.075.475.676.276.3

75.174.574.775.274.874.474.874.774.674.4

74.675.274.875.374.574.1

73.974.674.174.674.374.6

74.874.474.774.274.374.2

74.173.974.674.274.274.0

48.749.349.048.849.850.853.153.1

53.153.553.754.255.256.556.958.058.058.7

58.457.857.957.557.156.8

58.758.157.858.158.358.8

58.958.758.558.058.859.0

59.058.558.858.458.658.0

32.234.233.434.232.932.937.336.8

34.934.033.533.035.037.939.139.637.940.4

38.539.338.636.336.734.4

38.240.439.136.737.639.4

38.638.938.340.542.038.9

41.138.942.541.341.241.6

51.251.651.451.152.553.655.555.4

55.656.056.256.857.658.658.960.060.160.6

60.659.860.059.859.359.2

60.960.059.860.360.560.9

61.060.860.659.960.661.1

60.960.660.560.260.459.7

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 C-32.Source: Department of Labor, Bureau of Labor Statistics.


TABLE C-38.—Civilian employment/population ratio by demographic characteristic, 1954-89


Year or month

195419551956195719581959

1960196119621963196419651966196719681969

197019711972

19721973197419751976197719781979

198019811982198319841985198619871988. .1989

1988: JanFebMarAprfayJune


1989: JanFebMar

May"!'.!."!"June


Allcivil-ian

work-ers

55.556.757.557.155.456.0

56.155.455.555.455.756.256.957.357.558.0

57.456.657.0

57.057.857.856.156.857.959.359.9

59.259.057.857.959.560.160.761.562.363.0

62.062.162.062.262.062.3

62.362.362.462.562.662.6

62.862.863.062.962.963.1

63.063.062.962.963.063.0

White

Total

55.256.557.356.855.355.9

55.955.355.455.355.556.056.857.257.458.0

57.556.857.4

57.458.258.356.757.558.660.060.6

60.060.058.858.960.561.061.562.363.163.8

62.862.962.863.162.963.2

63.063.163.263.363.563.4

63.763.763.863.763.763.8

63.763.863.763.863.863.8

Males

Total

81.582.282.781.879.279.9

79.478.278.477.777.877.978.378.478.378.2

76.875.776.0

76.076.575.973.073.474.175.075.1

73.472.870.670.472.172.372.372.773.273.7

73.073.273.073.373.273.3

73.373.273.373.273.473.3

73.573.673.973.773.773.9

73.773.773.373.873.773.7

16-19years

49.952.054.152.447.648.1

48.145.946.444.745.047.150.150.250.351.1

49.649.251.5

51.554.354.450.651.554.456.355.7

53.451.347.047.449.149.949.649.951.752.6

52.452.249.950.850.853.0

51.551.851.850.752.952.3

51.351.752.853.052.352.7

52.653.752.153.052.552.2

20yearsandover

84.084.785.084.181.882.8

82.481.481.581.181.381.581.781.781.681.4

80.179.079.0

79.079.278.675.776.076.577.277.3

75.675.173.072.674.374.374.374.775.175.4

74.875.174.975.275.175.1

75.175.175.275.275.175.1

75.475.475.775.575.475.7

75.475.475.175.575.475.5

Females

Total

31.433.034.234.233.634.0

34.634.534.735.035.536.237.538.338.940.1

40.339.940.7

40.741.842.442.043.244.546.347.5

47.848.348.148.549.850.751.752.853.854.6

53.353.453.553.753.553.8

53.653.853.954.154.354.3

54.654.554.454.554.554.5

54.554.654.754.654.854.7

16-19years

36.437.038.938.235.034.8

35.134.634.832.932.233.737.537.737.839.5

39.538.641.3

41.343.644.342.544.245.948.549.4

47.946.244.644.547.047.147.949.050.250.5

49.850.448.749.349.252.1

51.249.850.850.750.050.5

51.250.350.550.550.450.5

48.650.450.951.151.650.2

20yearsandover

31.132.733.833.933.534.0

34.534.534.735.235.836.537.538.339.140.1

40.440.140.6

40.641.642.241.943.144.446.147.3

47.848.548.448.950.051.052.053.154.054.9

53.653.753.954.053.853.9

53.854.154.154.354.654.6

54.954.854.754.854.854.8

54.954.955.054.955.055.0


Total

Males

Total 16-19years

20yearsandover

Females

Total 16-19years

20yearsandover

Black and other

58.058.759.559.356.757,5

57.956.256.356.257.057.858.458.258.058.1

56.854.954.1

76.577.678.477.272.573.8

74.171.772.071.872.973.774.073.873.372.8

70.968.167.3

52.452.752.248.042.041.4

43.841.041.737.437.839.440.538.838.739.0

35.531.832.4

79.280.481.380.576.077.6

77.975.575.776.277.778.779.279.478.978.4

76.874.273.2

41.942.243.043.742.843.2

43.642.642.742.743.444.145.145.045.245.9

44.943.943.3

24.726.428.026.522.820.3

24.823.223.121.321.820.223.124.824.725.1

22.420.219.9

43.743.944.745.545.045.7

45.844.844.945.246.147.348.247.948.248.9

48.247.346.7

Black

53.754.553.550.150.851.453.653.8

52.351.349.449.552.353.454.155.656.356.9

56.456.055.656.055.755.8

56.756.656.656.956.857.0

56.856.857.156.757.057.0

57.356.856.656.556.656.3

66.867.565.860.660.661.463.363.4

60.459.156.056.359.260.060.662.062.762.8

62.762.161.663.262.662.4

62.563.063.163.262.963.0

62.762.863.262.462.663.2

63.662.662.462.562.562.3

31.632.831.426.325.826.428.528.7

27.024.620.320.423.926.326.528.529.430.4

28.623.923.929.831.430.0

31.130.430.530.930.730.3

28.031.130.627.326.632.9

35.831.727.230.431.733.3

73.073.771.966.566.867.569.169.1

65.864.561.461.664.164.665.166.467.167.0

67.167.166.567.666.766.7

66.767.367.367.467.167.3

67.266.967.466.967.367.1

67.166.667.066.666.466.0

43.043.843.541.642.843.345.846.0

45.745.144.244.146.748.148.850.351.252.0

51.251.050.750.250.150.3

51.951.351.351.751.952.0

52.152.052.152.052.451.9

52.352.051.951.651.851.4

19.222.020.920.219.218.522.122.4

21.019.717.717.020.123.123.825.825.827.1

25.725.925.623.223.425.6

26.027.126.926.426.227.4

26.326.625.228.929.624.6

27.525.826.026.927.728.6

46.547.246.944.946.447.049.349.3

49.148.547.547.449.850.951.653.053.954.6

54.053.753.453.153.053.0

54.753.953.954.454.754.7

54.854.755.054.454.854.7

54.954.854.654.254.253.8

1 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 C-32.Source: Department of Labor, Bureau of Labor Statistics.


TABLE C-39.—Unemployment rate, 1948-89


Year ormonth

1948 ..1949

1950195119521953195419551956195719581959

196019611962 .. .1963196419651966196719681969

1970197119721973197419751976197719781979

1980198119821983 ....198419851986198719881989

1988: JanFebMarAprMayJune....

JulyAugSept....OctNovDec

1989: JanFebMarAprMayJune....

JulyAugSept....OctNovDec

Unem-ploy-mentrate,

allwork-ers1

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

5.65.65.65.45.65.3

5.45.55.35.35.25.2

5.35.15.05.25.15.2

5.25.25.35.25.35.3

Unemployment rate, civilian workers 2

Allcivil-ian

work-ers

3.85.9

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

5.75.75.75.55.65.4

5.55.65.45.35.35.3

5.45.25.05.35.25.3

5.35.35.35.35.35.3

Males

Total

3.65.9

5.12.82.82.85.34.23.84.16.85.2

5.46.45.25.24.64.03.23.12.92.8

4.45.35.04.24.97.97.16.35.35.1

6.97.49.99.97.47.06.96.25.55.2

5.65.55.75.35.65.4

5.45.75.35.35.35.3

5.45.24.95.35.15.1

5.05.15.45.25.35.3

16-19

years

9.814.3

12.78.18.97.9

13.511.611.112.417.115.3

15.317.114.717.215.814.111.712.311.611.4

15.016.615.913.915.620.119.217.315.815.9

18.320.124.423.319.619.519.017.816.015.9

16.215.617.815.915.715.4

17.416.116.416.514.215.4

18.316.414.615.616.315.9

14.715.115.715.916.716.1

20yearsandover

3.25.4

4.72.52.42.54.93.83.43.66.24.7

4.75.74.64.53.93.22.52.32.22.1

3.54.44.03.33.86.85.95.24.34.2

5.96.38.88.96.66.26.15.44.84.5

4.94.94.94.65.04.7

4.65.04.64.64.74.6

4.64.54.24.64.34.4

4.44.54.84.54.64.6

Females

Total

4.16.0

5.74.43.63.36.04.94.84.76.85.9

5.97.26.26.56.25.54.85.24.84.7

5.96.96.66.06.79.38.68.27.26.8

7.47.99.49.27.67.47.16.25.65.4

5.86.05.75.75.65.4

5.65.65.55.35.35.3

5.35.15.25.35.35.5

5.65.45.25.45.45.5

16-19

years

8.312.3

11.48.38.07.2

11.410.211.210.614.313.5

13.916.314.617.216.615.714.113.514.013.3

15.617.216.715.316.619.718.718.317.116.4

17.219.021.921.318.017.617.615.914.414.0

15.415.415.315.815.212.2

13.315.114.313.513.414.1

13.913.113.313.513.714.9

15.514.614.413.813.814.3

20yearsandover

3.65.3

5.14.03.22.95.54.44.24.16.15.2

5.16.35.45.45.24.53.84.23.83.7

4.85.75.44.95.58.07.47.06.05.7

6.46.88.38.16.86.66.25.44.94.7

5.15.24.94.94.94.8

5.04.84.84.74.84.7

4.74.64.64.74.74.8

4.94.74.54.84.84.8

Bothsexes16-19

years

9.213.4

12.28.28.57.6

12.611.011.111.615.914.6

14.716.814.717.216.214.812.812.912.712.2

15.316.916.214.516.019.919.017.816.416.1

17.819.623.222.418.918.618.316.915.315.0

15.815.516.615.915.513.9

15.415.615.415.113.814.8

16.114.814.014.615.015.4

15.114.815.014.915.315.2

White

3.55.6

4.93.12.82.75.03.93.63.86.14.8

5.06.04.95.04.64.13.43.43.23.1

4.55.45.14.35.07.87.06.25.25.1

6.36.78.68.46.56.26.05.34.74.5

4.94.94.84.64.74.6

4.74.94.74.64.64.6

4.64.34.34.54.44.5

4.54.54.54.54.54.6

Blackand

other

5.98.9

9.05.35.44.59.98.78.37.9

12.610.7

10.212.410.910.89.68.17.37.46.76.4

8.29.9

10.09.09.9

13.813.113.111.911.3

13.114.217.317.814.413.713.111.610.410.0

10.810.911.310.611.010.2

10.210.29.69.8

10.010.0

10.510.39.89.79.6

10.2

9.69.7

10.210.210.310.2

Black

10.49.4

10.514.814.014.012.812.3

14.315.618.919.515.915.114.513.011.711.4

12.012.212.612.112.211.6

11.611.511.011.211.211.4

11.711.611.011.011.111.8

11.011.211.711.711.911.8

Experi-encedwageand

salaryworkers

4.36.8

6.03.73.43.26.24.8444.67.35.7

5.76.85.65.65.04.33.53.63.43.3

4.85.75.34.55.38.27.36.65.65.5

6.97.39.39.27.16.86.65.85.25.0

5.45.45.45.05.35.1

5.15.35.15.05.15.0

5.24.94.85.04.95.0

5.05.05.05.05.15.0

Mar-riedmen,

spousepres-ent3

3.5

4.61.51.41.74.026232.85.13.6

3.74.63.63.42.82.41.91.81.61.5

2.63.22.82.32.75.14.23.62.82.8

4.24.36.56.54.64.34.43.93.33.0

3.53.43.43.13.33.2

3.13.43.13.13.23.1

3.13.02.93.22.92.9

3.03.13.33.03.13.0

Womenwho

main-tain

fami-lies

'••••• ••-••

4.94.44.4

5.47.37.27.17.0

10.010.19.48.58.3

9.210.411.712.210.310.49.89.28.18.1

8.78.37.68.78.27.9

8.37.58.28.07.68.2

7.98.07.97.88.27.9

8.58.07.77.88.28.1

1 Unemployed as percent of labor force including resident Armed Forces.2 Unemployed as percent of civilian labor force in group specified.3 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 C-32.Source: Department of Labor, Bureau of Labor Statistics.


TABLE C-40.—Civilian unemployment rate by demographic characteristic, 1948-89


Year or month

19481949

195019511952 . .1953195419551956195719581959

1960196119621963196419651966196719681969

197019711972

19721973197419751976197719781979

198019811982198319841985198619871988 .1989

1988: JanFebMarAprMayJune:::::.:.::::::::::JulyAugsept..: :::::OctNovDec

1989- JanFebMarAprMayJune

July ...Augsept".:::::::OctNovDec

Allcivil-ian

work-ers

3.85.9

5.33.33.02.95.54.44.14.36.85.5

5.56.75.55.75.24.53.83.83.63.5

4.95.95.6

5.64.95.68.57.77.16.15.8

7.17.69.79.67.57.27.06.25.55.3

5.75.75.75.55.65.4

5.55.65.45.35.35.35.45.25.05.35.25.3

5.35.35.35.35.35.3

White

Total

3.55.6

4.93.12.82.75.03.93.63.86.14.8

5.06.04.95.04.64.13.43.43.23.1

4.55.45.1

5.14.35.07.87.06.25.25.1

6.36.78.68.46.56.26.05.34.74.5

4.94.94.84.64.74.6

4.74.94.74.64.64.64.64.34.34.54.44.5

4.54.54.54.54.54.6

Males

Total

3.45.6

4.72.62.5254.83.73.43.66.14.6

4.85.74.64.74.13.62.82.72.62.5

4.04.94.5

4.53.84.47.26.45.54.64.5

6.16.58.88.86.46.16.05.44.74.5

4.94.74.94.64.84.6

4.75.04.84.74.64.64.74.44.24.54.44.4

4.44.44.74.44.64.5

16-19years

13.411.310.511.515.714.0

14.015.713.715.914.712.910.510.710.110.0

13.715.114.2

14.212.313.518.317.315.013.513.9

16.217.921.720.216.816.516.315.513.913.7

14.112.316.014.513.413.3

14.714.114.614.512.013.5

15.913.913.013.214.113.5

12.813.113.313.814.314.0

20yearsandover

4.43.33.03.25.54.1

4.25.14.03.93.42.92.22.12.01.9

3.24.03.6

3.63.03.56.25.44.73.73.6

5.35.67.87.95.75.45.34.84.13.9

4.34.24.23.94.34.1

4.04.44.14.04.14.1

3.93.83.63.93.73.8

3.83.94.23.93.93.9

Females

Total

3857

5.34.2333.15.54.34.24.36.25.3

5.36.55.55.85.55.04.34.64.34.2

5.46.35.9

5.95.36.18.67.97.36.25.9

6.56.98.37.96.56.46.15.24.74.5

4.95.24.64.64.64.6

4.74.74.74.54.54.54.54.24.34.64.64.7

4.84.64.34.54.54.6

16-19years

10.49.19.79.5

12.712.0

12.714.812.815.114.914.012.111.512.111.5

13.415.114.2

14.213.014.517.416.415.914.414.0

14.816.619.018.315.214.814.913.412.311.5

13.313.012.913.312.411.2

10.813.212.511.611.311.6

11.610.710.711.511.412.3

12.612.311.110.911.311.9

20yearsandover

5.13.93.73.85.64.7

4.65.74.74.84.64.03.33.83.43.4

4.45.34.9

4.94.35.17.56.86.25.25.0

5.65.97.36.95.85.75.44.64.14.0

4.24.54.04.04.04.0

4.24.14.14.04.03.9

4.03.73.94.14.14.1

4.24.13.84.04.04.1


Total

Males

Total 16-19years

20yearsandover

Females

Total 16-19years

Black and other

5.98.9

9.05.35.44.59.98.78.37.9

12.610.7

10.212.410.910.89.68.17.37.46.76.4

8.29.9

10.0

5.89.6

9.44.95.248

10.38.87.98.3

13.711.5

10.712.810.910.58.97.46.36.05.65.3

7.39.18.9

14.413.415.018.426.825.2

24.026.822.027.324.323.321.323.922.121.4

25.028.829.7

9.98.47.47.6

12.710.5

9.611.710.09.27.76.04.94.33.93.7

5.67.36.9

6179

8.46.157419.28.58.97.3

10.89.4

9.411.911.011.210.79.28.79.18.37.8

9.310.911.4

20.619.222.820.228.427.7

24.829.230.234.731.631.731.329.628.727.6

34.535.438.4

20yearsandover

8.47.77.86.49.58.3

8.310.69.69.49.07.56.67.16.35.8

6.98.78.8

Black

10.49.4

10.514.814.014.012.812.3

14.315.618.919.515.915.114.513.011.711.4

12.012.212.612.112.211.6

11.611.511.011.211.211.411.711.611.011.011.111.8

11.011.211.711.711.911.8

9.38.09.8

14.813.713.311.811.4

14.515.720.120.316.415.314.812.711.711.5

11.712.612.811.512.211.6

11.511.410.811.411.411.3

11.911.811.111.611.211.5

10.511.411.711.812.212.3

31.727.833.138.137.539.236.734.2

37.540.748.948.842.741.039.334.432.731.9

33.739.638.227.432.131.7

32.032.232.032.932.230.8

35.632.629.034.835.433.8

23.230.333.832.032.330.1

7.06.07.4

12.511.410.79.39.3

12.413.517.818.114.313.212.911.110.110.0

10.010.711.010.310.610.1

9.89.89.19.79.79.9

10.210.29.89.99.59.6

9.59.9

10.110.310.610.8

11.811.111.314.814.314.913.813.3

14.015.617.618.615.414.914.213.211.711.4

12.311.912.512.712.311.5

11.611.611.211.011.011.5

11.611.410.910.410.912.1

11.411.111.711.611.711.4

40.536,137.441.041.643.440.839.1

39.842.247.148.242.639.239.234.932.033.0

33.434.133.636.236.225.5

31.932.731.228.130.430.6

31.931.734.328.529.636.8

33.133.638.834.932.731.4

9.08.68.8

12.211.712.311.210.9

11.913.415.416.513.513.112.411.610.49.8

10.810.311.011.210.710.6

10.210.19.89.89.7

10.2

10.210.09.39.19.6

10.5

9.99.69.79.9

10.210.0

1 Unemployed as percent of civilian labor force in group specified.Note.-See footnote 6 and Note, Table C-32.Source: Department of Labor, Bureau of Labor Statistics.

339


TABLE C-41.—Unemployment by duration and reason, 1947-89

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

Year or month

194719481949

1950195119521953195419551956195719581959

19601961196219631964196519661967 219681969

197019711972 .1973197419751976197719781979

1980198119821983198419851986 ....1987198819891988- Jan

FebMarAprMay..:.::::::::::: :::::::::June



JulyAugsept:::::::::'::"....::.:::'::::':OctNovDec

Unem-ploy-ment

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

4,0935,0164,8824,3655,1567,9297,4066,9916,2026,1377,6378,27310,67810,7178,5398,3128,2377,4256,7016,528

6,9106,9306,8616,6466,8196,528

6,6686,8556,6136,5186,4986,509

6,6256,3606,1986,5316,4196,569

6,5776,5206,6046,5636,6526,658

Duration of unemployment

Lessthan 5weeks

1,2101,3001,756

1,4501,1771,1351,1421,6051,3351,4121,4081,7531,585

1,7191,8061,6631,7511,6971,6281,5731,6341,5941,629

2,1392,2452,2422,2242,6042,9402,8442,9192,8652,950

3,2953,4493,8833,5703,3503,4983,4483,2463,0843,174

3,0853,0703,0663,1123,0893,075

2,9823,2033,1273,0843,1133,000

3,1403,2123,0723,1133,0703,279

3,1563,1253,1693,1663,2583,302

5-14weeks

704669

1,194

1,055574516482

1,116815805891

1,3961,114

1,1761,3761,1341,2311,117983779893810827

1,2901,5851,4721,3141,5972,4842,1962,1321,9231,946

2,4702,5393,3112,9372,4512,5092,5572,1962,0071,9782,1442,1222,0831,9462,0521,914

2,0751,9471,8961,8611,9352,039

1,9981,8941,8492,0061,9932,006

1,9652,0022,0301,9951,9912,013

15-26weeks

234193428

425166148132495366301321785469

503728534535491404287271256242

428668601483574

1,3031,018913766706

1,0521,1221,7081,6521,1041,0251,045943801730843833884735799767

821848762789768740

761660672667711684

838759769743765730

27weeksandover

164116256

3571378478317336232239667571454804585553482351239177156133

235519566343381

1,2031,3481,028648535

8201,1621,7762,5591,6341,2801,1871,040809646874891841815834807

796819806758699736

738640663724620611

623579590635657632

Aver-age

(mean)dura-tion

(weeks)

8.610.0

12.19.78.48.011.813.011.310.513.914.4

12.815.614.714.013.311.810.48.78.47.8

8.611.312.010.09.814.215.814.311.910.8

11.913.715.620.018.215.615.014.513.511.914.214.313.713.413.813.3

13.513.613.513.312.512.8

12.612.312.412.611.911.2

11.911.411.511.711.611.5

Mediandura-tion

(weeks)

' 4.5"4.44.96.36.25.25.28.48.27.05.95.4

6.56.98.710.17.96.86.96.55.94.86.36.46.55.85.95.8

6.05.95.75.65.65.7

5.65.45.55.45.35.4

5.45.05.05.04.84.8

Reason for unemployment

Joblosers

1,2291,0701,017

1,8112,3232,1081,6942,2424,3863,6793,1662,5852,635

3,9474,2676,2686,2584,4214,1394,0333,5663,0922,983

3,1533,1883,1472,9203,2743,123

3,0803,0943,0922,9912,9853,021

3,0882,8792,8522,9322,7982,820

2,9162,9642,9322,9793,0923,097

Jobleavers

438431436

550590641683768827903909874880

891923840830823877

1,015965983

1,024

1,033963

1,075993936952

925981982998962994

973980902985

1,1031,021

1,0161,0311,034994

1,0491,055

Reen-trants

945909965

1,2281,4721,4561,3401,4631,8921,9281,9631,8571,8061,9272,1022,3842,4122,1842,2562,1601,9741,8091,8431,9011,9411,8291,7941,8031,708

1,8481,8491,7531,7601,7811,740

1,8271,7671,7741,8821,8531,993

1,9011,7721,9201,8901,8451,853

Newen-

trants

396407413504630677649681823895953885817

872981

1,1851,2161,1101,0391,029920816677

861848873906823784

796812775745789785

768757713692696726

723643648685695686

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 notequal to total unemployment.

Note.—Data relate to persons 16 years of age and over.See footnote 6 and Note, Table C-32.Source: Department of Labor, Bureau of Labor Statistics.


TABLE C-42.—Unemployment insurance programs, selected data, 1955-89

Year or month

1955195619571958195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988

1988- JanFebMarAorHay ::::::::::::::JuneJuivAugSeptOctNovDec

1989- JanFebMarAorSay ::::::::::::::::JuneJulvAugSeptOctNovDec "

All programs

Coveredemploy-ment1

Insuredunemploy-

ment(weeklyaver-

age)28

Thousands

40,01842,75143,43644,41145,72846,33446,26647,77648,43449,63751,58054,73956,34257,97759,99959,52659,37566,45869,89772,45171,03773,45976,41988,80492,06292,65993,30091,62891,89896,47499,186

101,09998,757

8101,987'

1,3991,3231,5712,7731,8602,0712,9941,946

'1,9731,7531,4501,1291,2701,1871,1772,0702,6082,1921,7932,5584,9373,8463,3082,6452,5923,8373,4104,5943,7752,5612,6932,7462,4012,125

2,8702,7752,5362,2081,9491,8812,0521,9141,7341,6771,8572,2052,6852,6952,5672,2211,9571,9362,1682,0071,8631,9122,144

Totalbenefits

paid<mrdollars) 2 *

1,560.21,540.61,913.04,290.62,854.33,022.84,358.13,145.13,025.92,749.22,360.41,890.92,221.52,191.02,298.64,209.36,154.05,491.14,517.36,933.9

16,802.412,344.810,998.99,006.99,401.3

16,175.415,287.123,774.820,206.213,109.614,495.115,892.114,670.912,965.7

1,377.51,485.61,589.01,173.81,044.11,054.6

956.01,109.6

902.9808.9960.5

1,092.11,448.31,370.91,564.21,191.21,159.11,066.81,078.11,223.5

983.31,063.9

State programs

Insuredunem-

ploymentInitialclaims

Exhaus-tions5

Weekly average; thousands

1,2651,215M462,5101,6841,9082,2901,783

'1,8061,6051,3281,0611,2051,1111,1011,8052,1501,8481,6322,2623,9862,9912,6552,3592,4343,3503,0474,0613,3962,4762,6112,6502,3322,056

2,2222,1792,1142,0872,0512,0502,0822,0692,0251,9721,98920322,0612,1052,1432,1052,0632,1342,2162,1772,1872,2572,2872,332

226227270369277331350302

'298268232203226201200296295261247363478386375346388488460583438377396378328306

344322308305311304327305293296301309293309323300317335339319323360344365

25202350333146323026211517161625393529378163553939595780805050524638

4241434439393837323334343838384235353837353435

Insuredunemploy-ment aspercent

ofcoveredemploy-

ment

3.53.23.66.44.44.85.64.44.33.83.02.32.52.22.13.44.13.52.73.56.04.63.93.32.93.93.54.63.92.82.92.82.42.1

**2.32.22.22.12.12.12.12.12.12.02.02.02.12.12.12.12.02.12.22.12.12.22.223

Benefits paid

Total(millions

ofdollars)4

1,350.31,380.71,733.93,512.72,279.02,726.73,422.72,675.42,774.72,522.12,166.01,771.32,092.32,031.62,127.93,848.54,957.04,471.04,007.65,974.9

11,754.78,974.58,357.27,717.28,612.9

13,761.113,262.120,649.517,762.812,594.713,977.815,402.813,605.412,571.8

1,340.01,445.21,545.81,140.61,012.71,019.9

924.91,075.4

876.4784.3934.2

1,062.31,411.11,336.21,522.11,162.41,131.81,041.51,053.41,193.4

957.81,040.71,060.0

Averageweeklycheck

(dollars)"

25.0427.0228.1730.5830.4132.8733.8034.5635.2735.9237.1939.7541.2543.4346.1750.3454.0256.7659.0064.2570.2375.1678.7983.6789.6798.95

106.70119.37123.59123.47128.23135.72139.90144.53

145.14147.40147.17145.74145.10143.72141.75143.36143.84144.31143.04145.59148.36150.37150.92150.21149.88150.66151.26150.98152.61157.77153.47

"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-servicemen).

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), and Federal SupplementalCompensation programs.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.

8 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 andsalary earners.Source: Department of Labor, Employment and Training Administration.


TABLE C-43.—Employees on nonagricultural payrolls, by major industry, 1946-89

[Thousands of persons; monthly data seasonally adjusted]

Year or month

1946 . . . .19471948....19491950195119521953195419551956195719581959I960. ..196119621963196419651966196719681969197019711972197319741975197619771978197919801981 : .19821983198419851986198719881989 "1988: Jan

FebMarAprMay "JuneJulyAug .SeptOct.NovDec

1989: JanFebMarAprJay:.:r":::::r: ::::::::::JuneJulyAug ;SeptOct. ::::::::: ::.::.::::::: :::::::::::::::::::NovDecp.

Total

41,65243,85744,86643,75445,19747,81948,79350,20248,99050,64152,36952,85351,32453,26854,18953,99955,54956,65358,28360,76563,90165,80367,89770,38470,88071,21473,67576,79078,26576,94579,38282,47186,69789,82390,40691,15689,56690,20094,49697,51999,525102,200105,584108,573103,970104,414104,682104,901105,091105,561105,768105,954106,207106,475106,824107,097107,442107,711107,888108,101108,310108,607108,767108,887109,096109,171109,393109,535

Goods-producing industries

Total

17,24818,50918,77417,56518,50619,95920,19821,07419,75120,51321,10420,96419,51320,41120,43419,85720,45120,64021,00521,92623,15823,30823,73724,36123,57822,93523,66824,89324,79422,60023,35224,34625,58526,46125,65825,49723,81323,33424,72724,85924,55824,70825,24925,63424,93525,03325,09825,16125,17925,26525,32325,30325,31325,38425,46025,51325,62625,62925,64625,67125,67225,64825,66925,69425,61425,60325,60725,634

Mining

862955994930901929898866791792822828751732712672650635634632627613606619623609628642697752779813851958

1,0271,1391,128952966927777717721722721723723725725726725725719717712711711711714720722715706729730731737736

Con-struction

1,6832,0092,1982,1942,3642,6372,6682,6592,6462,8393,0392,9622,8173,0042,9262,8592,9483,0103,0973,2323,3173,2483,3503,5753,5883,7043,8894,0974,0203,5253,5763,8514,2294,4634,3464,1883,9053,9484,3834,6734,8164,9675,1255,3024,9595,0385,0885,1095,1005,1395,1505,1535,1635,1625,1915,2135,2675,2705,2525,2795,2835,2835,3145,3215,3255,3355,3605,322

Manufacturing

Total

14,70315,54515,58214,44115,24116,39316,63217,54916,31416,88217,24317,17415,94516,67516,79616,32616,85316,99517,27418,06219,21419,44719,78120,16719,36718,62319,15120,15420,07718,32318,99719,68220,50521,04020,28520,17018,78118,43419,37819,26018,96519,02419,40319,61119,25519,27219,28719,32719,35419,40019,44819,42519,43119,50519,55719,58919,64819,64819,68019,67219,66719,65019,64919,64419,55919,53719,51019,485

Durablegoods

7,7428,3858,3267,4898,0949,0899,34910,1109,1299,5419,8339,8558,8299,3739,4599,0709,4809,6169,81610,40511,28211,43911,62611,89511,20810,63611,04911,89111,92510,68811,07711,59712,27412,76012,18712,10911,03910,73211,50511,49011,23011,19411,43711,53611,32511,33511,34911,38211,39911,43111,47511,46211,46411,50911,54511,56511,60511,59411,60411,60011,59411,56711,54911,55111,48011,45711,43611,409

Nondura-ble goods

6,9627,1597,2566,9537,1477,3047,2847,4387,1857,3417,4117,3217,1167,3037,3377,2567,3737,3807,4587,6567,9308,0078,1558,2728,1587,9878,1028,2628,1527,6357,9208,0868,2318,2808,0988,0617,7417,7027,8737,7707,7347,8307,9678,0757,9307,9377,9387,9457,9557,9697,9737,9637,9677,9968,0128,0248,0438,0548,0768,0728,0738,0838,1008,0938,0798,0808,0748,076



TABLE C-43.—Employees on nonagricultural payrolls, by major industry, 1946-89—Continued

[Thousands of persons; monthly data seasonally adjusted]

Year or month

19461947194819491950195119521953195419551956195719581959I960196119621963196419651966196719681969.19701971197219731974197519761977197819791980198119821983198419851986198719881989 "1988: Jan

FebMarAprMayJuneJulyAugSeptOctNovDec....

1989- JanFebMarAprMayJuneJulyAugSeptOctNov"Dec"

Service-producing industries

Total

24,40425,34826,09226,18926,69127,86028,59529,12829,23930,12831,26631,88931,81132,85733,75534,14235,09836,01337,27838,83940,74342,49544,16046,02347,30248,27850,00751,89753,47154,34556,03058,12561,11363,36364,74865,65965,75366,86669,76972,66074,96777,49280,33582,93879,03579,38179,58479,74079,91280,29680,44580,65180,89481,09181,36481,58481,81682,08282,24282,43082,63882,95983,09883,19383,48283,56883,78683,992

Trans-portation

andpublicutilities

4,0614,1664,1894,0014,0344,2264,2484,2904,0844,1414,2444,2413,9764,0114,0043,9033,9063,9033,9514,0364,1584,2684,3184,4424,5154,4764,5414,6564,7254,5424,5824,7134,9235,1365,1465,1655,0824,9545,1595,2385,2555,3725,5485,7035,4685,4815,4945,5065,5225,5425,5575,5725,5815,5965,6165,6345,6545,6675,6665,6825,7005,7165,7365,6185,7095,7295,7455,818

Whole-saletrade

2,2912,4712,6052,6022,6352,7272,8122,8542,8672,9263,0183,0282,9803,0823,1433,1333,1983,2483,3373,4663,5973,6893,7793,9073,9934,0014,1134,2774,4334,4154,5464,7084,9695,2045,2755,3585,2785,2685,5555,7175,7535,8446,0296,2345,9385,9495,9685,9856,0016,0276,0386,0516,0716,0866,1046,1256,1466,1716,1976,2066,2226,2306,2376,2566,2646,2786,2976,311

Retailtrade

6,0846,4856,6676,6626,7517,0157,1927,3937,3687,6107,8407,8587,7708,0458,2488,2048,3688,5308,8239,2509,6489,91710,32010,79811,04711,35111,83612,32912,55412,64513,20913,80814,57314,98915,03515,18915,17915,61316,54517,35617,93018,48319,11019,57318,86518,99218,97218,99419,03619,09619,13919,18219,18819,22919,28219,32819,40719,46019,48819,48919,52819,55119,58619,62119,63219,67919,72519,713

Finance,insur-ance,

and realestate

1,6751,7281,8001,8281,8881,9562,0352,1112,2002,2982,3892,4382,4812,5492,6292,6882,7542,8302,9112,9773,0583,1853,3373,5123,6453,7723,9084,0464,1484,1654,2714,4674,7244,9755,1605,2985,3415,4685,6895,9556,2836,5476,6766,8146,6326,6316,6426,6476,6546,6726,6786,6866,6956,7106,7266,7446,7466,7636,7746,7766,7906,8086,8156,8366,8526,8516,8726,885

Services

4,6975,0255,1815,2405,3575,5475,6995,8355,9696,2406,4976,7086,7657,0877,3787,6207,9828,2778,6609,0369,49810,04510,56711,16911,54811,79712,27612,85713,44113,89214,55115,30316,25217,11217,89018,61919,03619,69420,79722,00023,05324,23625,60026,88924,92625,09925,21125,30625,36425,59725,68325,78425,88825,98626,11126,23026,31826,43426,52026,65126,71126,93126,97327,05827,15927,18827,32127,405

Government

Total

5,5955,4745,6505,8566,0266,3896,6096,6456,7516,9147,2787,6167,8398,0838,3538,5948,8909,2259,59610,07410,78411,39111,83912,19512,55412,88113,33413,73214,17014,68614,87115,12715,67215,94716,24116,03115,83715,86916,02416,39416,69317,01017,37217,72617,20617,22917,29717,30217,33517,36217,35017,37617,47117,48417,52517,52317,54517,58717,59717,62617,68717,72317,75117,80417,86617,84317,82617,860

Federal

2,2541,8921,8631,9081,9282,3022,4202,3052,1882,1872,2092,2172,1912,2332,2702,2792,3402,3582,3482,3782,5642,7192,7372,7582,7312,6962,6842,6632,7242,7482,7332,7272,7532,7732,8662,7722,7392,7742,8072,8752,8992,9432,9712,9882,9712,9682,9692,9642,9622,9562,9582,9672,9852,9862,9832,9812,9782,9822,9822,9822,9992,9953,0002,9992,9962,9842,9782,976

Stateandlocal

3,3413,5823,7873,9484,0984,0874,1884,3404,5634,7275,0695,3995,6485,8506,0836,3156,5506,8687,2487,6968,2208,6729,1029,4379,82310,18510,64911,06811,44611,93712,13812,39912,91913,17413,37513,25913,09813,09613,21613,51913,79414,06714,40214,73914,23514,26114,32814,33814,37314,40614,39214,40914,48614,49814,54214,54214,56714,60514,61514,64414,68814,72814,75114,80514,87014,85914,84814,884

Note.— Data in Tables C-43 and C-44 are based on reports from employing establishments and rejate 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 C-32 through C-41) which include proprietors, self-employed persons, domestic servants,and unpaid family workers; which count persons as employed when they are not at work because of industrial disputes, bad weather,etc., even if they are not paid for the time off; and which are based on a sample of the working-age population. For description anddetails of the various establishment data, see "Employment and Earnings."



TABLE C-44.—Average weekly hours and hourly and weekly earnings in private nonagricultural industries,

1947-89

[For production or nonsupervisory workers; monthly data seasonally adjusted, except as noted]

Year ormonth

19471948194919501951195219531954195519561957195819591960196119621963196419651966196719681969197019711972.1973197419751976. .19771978197919801981198219831984198519861987.19881989 '1988: Jan ....

Feb....Mar....

MPay".'.'.June-July....Aug....Sept...Oct....Nov....Dec....

1989: Jan ....Feb....Mar....

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

Average weeklyhours

Totalpri-

vate1

40.340.039.439.839.939.939.639139.639.338.838.539.038.638.638.738.838.738.838.638.037.837.737.136.937.036.936.536.136.136.035.835.735.335.234.835.035.234.934.834.834.734.734.734.834.634.834.734.734.834.634.734.834.734.734.834.634.734.934.634.634.834.634.734.734.634.5

Manufactur-ing

Total

40.440.039.140.540.640.740.539640.740.439.839.240.339.739.840.440.540.741.241.440.640.740.639.839.940.540.740.039.540.140.340.440.239.739.838.940.140.740.540.741.041.141.041.141.041.041.241.141.141.141.041.141.241.241.041.141.141.041.341.041.041.041.041.040.840.740.7

Over-time

2.82.32.02.72.52.42.82.83.13.63.93.43.63.63.02.93.53.83.32.63.13.53.63.32.82.82.33.03.43.33.43.73.93.83.93.73.83.93.93.93.93.93.94.03.93.93.93.94.03.93.83.83.93.83.83.73.73.7

Average hourly earnings

Total private \

Currentdollars

$1.1311.2251.2751.335

1.451.521.611.651.711.801.891.952.022.092.142.222.282.362.462.562.682.853.043.233.453.703.944.244.534.865.255.696.166.667.257.688.028.328.578.768.989.299.669.149.139.179.239.269.279.319.329.379.439.429.459.499.529.549.619.609.629.699.699.749.789.789.84

1977dol-

lars2

$3.0653.0863.2443.3633.383.473.653.723.874.024.074.364.204.274.334.454.514.614.724.784.864.975.025.045.165.365.385.215.105.185.255.295.144.894.834.834.894.914.884.924.864.844.804.854.844.844.854.854.844.844.824.834.844.824.824.814.814.804.804.774.774.794.794.814.814.794.80

Manu-facturing

$1.2161.3271.3761.439

1.561.641.741.781.851.952.042.102.192.262.322.392.452.532.612.712.823.013.193.353.573.824.094.424.835.225.686.176.707.277.998.498.839.199.549.739.91

10.1810.4710.0310.0410.0610.1210.1410.1810.1810.2110.2510.2910.3010.3110.3310.3710.4010.4010.4210.4510.4810.5210.5510.5510.5710.61

Average weekly earnings

Total private 1

Currentdollars

$45.5849.0050.2453.1357.8660.6563.7664.5267.7270.7473.3375.0878.7880.6782.6085.9188.4691.3395.4598.82

101.84107.73114.61119.83127.31136.90145.39154.76163.53175.45189.00203.70219.91235.10255.20267.26280.70292.86299.09304.85312.50322.36335.20317.16317.72317.28321.20321.32321.67323.99322.47325.14328.16326.87327.92330.25329.39331.04335.39332.16332.85337.21335.27337.98339.37338.39339.48

1977dol-

lars2

$123.52123.43127.84133.83134.87138.47144.58145.32153.21157.90158.04157.40163.78164.97167.21172.16175.17178.38183.21184.37184.83187.68189.44186.94190.58198.41198.35190.12184.16186.85189.00189.31183.41172.74170.13168.09171.26172.78170.42171.07169.28167.81166.52168.43168.28167.43168.87168.23167.89168.39166.82167.68168.55167.28167.39167.55166.44166.44167.53165.01165.10166.85165.89166.90166.85165.80165.76

Manu-facturing(currentdollars)

$49.1353.0853.8058.2863.3466.7570.4770.4975.3078.7881.1982.3288.2689.7292.3496.5699.23

102.97107.53112.19114.49122.51129.51133.33142.44154.71166.46176.80190.79209.32228.90249.27269.34288.62318.00330.26354.08374.03386.37396.01406.31418.40429.27412.23411.64412.46416.94416.75418.40418.40418.61421.28423.95424.36422.71424.56426.21426.40429.52427.22428.45429.68431.32432.55430.44430.20431.83

Con-struction(currentdollars)

$58.8365.2367.5669.6876.9682.8686.4188.5490.9096.38

100.27103.78108.41112.67118.08122.47127.19132.06138.38146.26154.95164.49181.54195.45211.67221.19235.89249.25266.08283.73295.65318.69342.99367.78399.26426.82442.97458.51464.46466.75480.44493.08506.72481.74483.54489.29491.18487.84494.16493.29492.53494.05499.66503.04497.07496.89498.39501.23505.21494.17498.17511.30510.73510.16514.75520.91512.86

Retailtrade(cur-rentdol-lars)

$33.7736.2238.4239.7142.8243.3845.3647.0448.7550.1852.2054.1056.1557.7658.6660.9662.6664.7566.6168.5770.9574.9578.6682.4787.6291.8596.32

102.68108.86114.60121.66130.20138.62147.38158.03163.85171.05174.33174.64176.08178.70183.62189.01180.09180.42180.67182.17182.12183.33185.18183.57185.08186.30185.60187.11187.40186.41186.98189.44187.56188.43190.97189.22189.50191.69190.08189.24

Percent changefrom a yearearlier, total

private 3

Cur-rentdol-lars

7.52.55.88.94.85.11.25.04.53.72.44.92.42.44.03.03.24.53.53.15.86.44.66.27.56.26.45.77.37.77.88.06.98.54.75.04.32.11.92.53.24.03.12.82.44.13.13.34.12.84.24.13.33.94.23.54.14.53.33.54.23.73.63.53.13.2

1977dol-

lars2

-0.13.64.7.8

2.74.4.5

5.43.1.1

-.44.1

.71.43.01.71.82.7

.6

.21.5.9

-1.31.94.1-.0

-4.1-3.1

1.51.2.2

-3.1-5.8-1.5-1.2

1.9.9

-1.4.4

-1.09

-.8-.9

-1.0-1.3

.3_ 7— .5

.1-1.2-.0-.1-.9-.5-.3

-1.2-.8-.7

-2.0-1.6-.9-.9-.7-.9

-1.4-1.3

1 Also includes other private industry groups shown in Table C-43.2 Current dollars divided by the consumer price index for urban wage earners and clerical workers on a 1977=100 base.3 Monthly percent changes are based on data not seasonally adjusted.Note.-See Note, Table C-43.Source: Department of Labor, Bureau of Labor Statistics.


TABLE C-45.—Employment cost index, private industry, 1975-89

[Not seasonally adjusted]

Year and month

December:197519761977197819791980198119821983 ..198419851986198719881989

1987: MarJuneSeptDec



December:1976197719781979198019811982198319841985198619871988.1989




Total private

Totalcompen-

sation

Wagesandsala-ries

Bene-fits *

Goods-producing

Totalcompen-

sation

Wagesandsala-ries

Bene-fits *

Service-producing

Totalcompen-

sation

Wagesandsala-ries

Bene-fits1

Manufacturing

Totalcompen-

sation

Wagesandsala-ries

Bene-fits1

Nonmanufacturing

Totalcompen-

sation

Wagesandsala-ries

Bene-fits *

Index June 1981 = 100

86194.7

104.0110.7117.0122.7127.5131.6136.0142.6149.4132.9133.8135.1136.0138.1139.8141.2142.6144.4146.1147.9149.4

65.269.974.880.587.595.4

103.8110.3115.8120.6125.6129.5133.8139.3145.1130.8131.7133.0133.8135.1136.6137.9139.3140.8142.2143.9145.1

'"83i293.0

104.3111.7120.0127.9132.4136.9141.7151.3160.6138.1139.3140.3141.7146.1148.2149.7151.3154.0156.5158.7160.6

86T94.7

104.1110.5115.9121.2125.3129.2133.2139.0145.0129.9130.8131.9133.2135.6137.1137.9139.0140.4142.0143.6145.0

64.569.374.680.887.595.7

104.0109.9114.3118.7122.9126.8130.8134.9140.1127.5128.3129.6130.8132.0133.2133.9134.9136.1137.4138.8140.1

"'sis'92.4

104.2111.8119.6127.0130.8134.9138,8148.6156.7135.4136.5137.4138.8144.1146.1147.3148.6150.7152.7155.0156.7

86"394.7

103.9110.8117.9123.9129.4133.5138.4145.5152.9135.3136.3137.7138.4140.2142.1143.8145.5147.7149.5151.5152.9

65.770.374.980.387.595.2

103.7110.6117.0122.1127.8131.6136.2142.6149.0133.4134.3135.7136.2137.5139.3141.0142.6144.5145.8147.8149.0

'"sli"93.5

104.3111.5120.4128.8133.9138.9144.4153.9164.2140.6141.9143.1144.4148.1150.1151.9153.9157.2160.1162.3164.2

863'94.7

104.0110.4116.0122.0126.0130.1134.1140.1146.4130.7131.5132.7134.1136.8138.1139.0140.1141.9143.5145.1146.4

64.269.074.480.687.595.7

104.0109.8114.5119.5123.8127.9132.2136.2141.5128.7129.5130.8132.2133.3134.4135.1136.2137.4138.8140.0141.5

"sis"92.4

104.1111.7119.5127.5131.0134.9138.4149.0157.8135.0136.0136.9138.4144.5146.4147.8149.0152.3154.2156.6157.8

861'94.7

103.9110.8117.5123.1128.4132.4137.1143.9151.0134.1135.1136.4137.1138.9140.8142.4143.9145.9147.6149.5151.0

65.770.474.980.587.595.2

103.8110.5116.5121.2126.6130.4134.8140.8147.0131.9132.8134.2134.8136.0137.8139.4140.8142.6143.9145.9147.0

"'82"993.4

104.4111.6120.4128.2133.3138.3143.8152.9162.4140.1141.4142.6143.8147.2149.3150.9152.9155.2158.0160.2162.4

Percent change from 12 months earlier

9.89.86.45.74.93.93.23.34.94.83.13.03.33.33.94.54.54.94.64.54.74.8

727.0778.79.08.86.35.04.14.13.13.34.14.23.23.03.33.33.33.73.74.14.24.14.44.2

11.812.27.17.46.63.53.43.56.86.12.93.33.13.55.86.46.76.85.45.66.06.1

9.810.06.14.94.63.43.13.14.44.32.52.32.63.14.44.84.54.43.53.64.14.3

757683839.38.75.74.03.83.53.23.23.13.92.72.32.83.23.53.83.33.13.13.23.73.9

10.912.87.37.06.23.03.12.97.15.52.12.32.42.96.47.07.27.14.64.55.25.5

9.79.76.66.45.14.43.23.75.15.13.43.63.83.73.64.34.45.15.35.25.45.1

70657.3908.79.06.75.84.44.73.03.54.74.53.43.43.73.53.13.73.94.75.14.74.84.5

12.511.66.98.07.04.03.74.06.66.73.54.13.84.05.35.86.16.66.16.76.86.7

9.89.86.25.15.23.33.33.14.54.52.32.22.63.14.75.04.74.53.73.94.44.5

757.883869.48.75.64.34.43.63.33.43.03.92.72.42.83.43.63.83.33.03.13.33.63.9

10.712.77.37.06.72.73.02.67.75.91.51.92.02.67.07.68.07.75.45.36.05.9

9.89.76.66.04.84.33.13.55.04.93.43.43.63.53.64.24.45.05.04.85.04.9

7.16.5748.88.89.06.55.44.04.53.03.44.54.43.33.23.53.43.13.83.94.54.94.44.74.4

12.711.86.97.96.54.03.84.06.36.23.74.13.94.05.15.65.86.35.45.86.26.2

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 shifts

among 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.Source: Department of Labor, Bureau of Labor Statistics.


TABLE C-46.—Productivity and related data, business sector, 1947-89

[1977=100; quarterly data seasonally adjusted]

Year orquarter

194719481949

1950195119521953195419551956195719581959

1960196119621963196419651966196719681969

1970197119721973197419751976197719781979

198019811982198319841985198619871988

1982: IV1983: IV......1984: IV1985: IV1986: IV

1987:1IIIllIV

1988:1III l lIV

1989:1IIIll

Output per hourof all persons

Busi-ness

sector

43.846.046.4

50.352.454.156.157.058.759.561.162.965.0

66.168.470.973.877.079.481.684.186.686.8

87.690.493.195.293.495.498.2

100.0100.999.7

99.4101.0100.2102.6105.2107.3109.8111.1113.0

100.9103.5105.7108.3109.8

110.0110.7111.7112.5

113.2112.6113.4113.5

113.8114.2114.7

Nonfarmbusinesssector

50.352.253.0

56.558.259.560.861.763.563.965.166.668.8

69.571.774.176.779.881.883.685.888.388.0

88.491.093.895.893.995.798.3

100.0100.999.4

99.0100.099.1

102.0104.2105.6107.7108.9111.1

99.5103.0104.5106.2107.6

107.7108.6109.5110.2

111.0110.5111.5112.0

111.6111.9112.6

Output1

Busi-ness

sector

36.238.337.4

41.043.945.347.446.549.751.151.750.754.4

55.456.559.462.165.970.073.675.678.981.1

80.382.587.792.991.389.494.5

100.0105.8107.9

106.7108.9105.5109.9119.2124.2128.0133.4140.0

105.0113.6120.8125.9128.9

130.4132.2134.4136.7

138.2139.3140.7141.9

143.6144.4145.6


35.237.236.4

39.943.044.446.445.548.750.250.949.853.7

54.655.758.761.565.469.573.475.378.880.9

80.082.287.592.991.289.194.4

100.0106.0107.9

106.7108.5104.9110.1119.2123.9127.6133.1140.3

104.2114.1120.7125.5128.4

130.0132.0134.1136.4

138.0139.5141.1142.8

143.6144.6145.9

Hours of allpersons2

Busi-ness

sector

82.783.480.6

81.483.783.784.481.684.785.984.680.783.7

83.882.583.884.285.588.290.289.991.293.4

91.791.394.297.697.793.796.3

100.0104.9108.2

107.3107.9105.3107.2113.3115.7116.6120.1123.9

104.1109.7114.3116.2117.4

118.6119.5120.3121.5

122.1123.8124.0125.0

126.2126.4127.0


70.071.368.5

70.673.874.576.373.776.778.678.174.878.0

78.577.679.380.181.985.087.887.889.391.9

90.590.393.397.097.193.196.0

100.0105.0108.6

107.8108.5105.9108.0114.4117.4118.4122.2126.3

104.7110.8115.5118.1119.3

120.7121.5122.4123.7

124.3126.2126.6127.5

128.6129.2129.6

Compensationper hour3

Busi-ness

sector

16.217.617.9

19.221.122.424.024.725.427.128.830.231.5

32.934.135.737.139.040.643.445.949.653.2

57.260.964.770.377.384.992.6

100.0108.6119.3

131.8144.1154.9160.8167.4174.8183.8191.0200.2

158.2163.2169.9178.6187.4

188.3189.5191.8195,1

196.4199.1201.9204.5

206.9210.4212.8


17.719.219.7

20.922.824.125.426.327.228.930.631.833.1

34.535.737.138.540.341.644.146.750.453.8

57.661.365.370.777.785.392.7

100.0108.6119.0

131.6144.0154.7160.8167.2174.0182.9189.8198.7

158.0162.9169.6177.5186.4

187.1188.3190.5193.8

195.0197.5200.2203.0

205.5208.3211.0

Real compensationper hour4

Busi-ness

sector

44.044.245.5

48.349.251.354.455.757.360.362.263.365.6

67.369.271.773.576.378.081.283.386.587.9

89.491.193.996.095.095.698.6

100.0100.999.5

97.096.197.397.897.698.4

101.7101.9102.5

97.997.897.899.3

102.8

101.9101.4101.7102.5

102.3102.5102.8103.0

102.8102.9103.5


48.048.250.3

52.753.155.057.759.261.564.465.966.668.9

70.772.374.576.278.780.182.584.787.788.8

90.091.894.696.495.596.198.7

100.0101.099.3

96.796.097.197.897.598.0

101.1101.2101.8

97.897.697.698.7

102.3

101.3100.7101.0101.8

101.5101.7101.9102.3

102.1101.9102.7

Unit labor costs

Busi-ness

sector

37.038.238.5

38.140.241.442.743.443.245.547.248.048.4

49.749.950.450.350.751.153.254.657.361.3

65.367.469.573.882.789.094.3

100.0107.7119.6

132.6142.7154.5156.7159.1162.8167.5171.9177.1

156.8157.7160.7164.9170.6

171.2171.3171.6173.5

173.5176.9178.0180.2

181.9184.1185.5


35.136.737.2

37.139.140.441.842.642.845.246.947.748.1

49.749.850.250.150.550.952.754.457.061.1

65.267.469.673.882.789.194.2

100.0107.7119.8

132.9144.0156.1157.6160.4164.9169.8174.2178.8

158.7158.2162.3167.1173.2

173.6173.4173.9175.8

175.7178.7179.6181.3

184.1186.1187.4

Implicit pricedeflator5

Busi-ness

sector

35.538.037.8

38.440.841.441.742.243.244.646.246.947.8

48.548.849.750.250.751.953.654.957.560.4

63.266.469.073.480.588.794.0

100.0107.3117.0

127.6139.8148.1153.0158.2162.2165.6170.0174.9

150.2155.2159.8163.7167.1

168.2169.6170.7171.3

171.9174.1175.8177.9

179.4181.4182.4


34.036.436.9

37.539.640.441.141.843.144.546.146.647.8

48.548.849.750.250.851.953.555.057.560.4

63.466.669.072.379.788.393.8

100.0107.0116.5

127.8140.3149.2154.3159.0163.8167.6172.0176.5

151.4156.2161.0165.5169.2

170.3171.4172.6173.4

173.8175.6177.0179.6

180.8182.8184.1

'ross domestic product originating in the sector in 1982 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 gros:r gross domestic product divided by constant dollar gross domestic product.Note.—In 1989, hours of labor input were redefined as hours at the work site rather than hours paid and all historical data relating

to labor input were revised.Source: Department of Labor, Bureau of Labor Statistics.


TABLE C-47.—Changes in productivity and related data, business sector, 1948-89

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

Year orquarter

19481949

1950195119521953195419551956195719581959

19601961196219631964 . ...19651966196719681969

1970197119721973197419751976197719781979

198019811982198319841985198619871988

1982: IV1983: IV1984: IV1985: IV1986: IV

1987:1IIIllIV

1988:1IIIllIV

1989:1IIIll

Output per hourof all persons

Busi-ness

sector

5.11.0

8.54.23.23.71.53.11.42.72.93.3

1.73.53.64.04.43.02.93.03.0.3

.93.23.02.3

-1.92.13.01.8.9

-1.1

-.31.5

~2A2.62.02.31.21.7

2.63.31.51.5.8

.52.63.82.8

2.5-2.1

3.1

1.11.61.7


3.81.6

6.53.12.22.21.43.0

.61.92.33.2

1.13.13.33.63.92.62.22.62.9-.3

.52.93.02.1

-1.91.92.81.7.9

-1.5

-.41.1_ 9102.11.32.01.12.0

2.01.6.9.8.4

.43.23.52.5

2.8-1.6

3.31.9

-1.31.12.5

Output1

Busi-ness

sector

5.9-2.3

9.57.13.24.6

-1.86.92.81.1

-1.87.3

1.81.95.24.66.06.35.22.74.42.7

-.92.76.36.0

-1.8-2.1

5.85.85.82.0

-1.12.1

-3.14.28.44.23.14.24.9

10.43.53.64.0

4.75.66.77.1

4.43.34.03.4

4.82.33.6


5.6-2.3

9.77.73.24.6

-2.07.13.11.3

-2.07.7

1.72.05.54.76.36.45.62.54.72.7

-1.12.76.46.2

-1.8-2.3

6.05.96.01.9

-1.21.7

-3.35.08.33.93.04.45.4

-1.29.83.13.53.7

5.26.16.67.0

4.84.44.64.8

2.42.83.7

Hours of allpersons2

Busi-ness

sector

0.8-3.3

1.02.8

.0

.8-3.3

3.71.5

-1.5-4.6

3.8

-lie1.5.5

1.53.12.3

~L42.4

-1.8-.43.23.6.1

-4.12.73.94.93.1

-.8.6

-2.41.85.72.2.8

3.03.2

-3.06.82.02.13.2

4.22.92.84.2

1.95.5.9

3.2

3.7.6

1.9


1.8-3.8

3.04.51.02.4

-3.44.02.5-.6

-4.24.3

.6-1.1

2.11.12.33.73.4-.01.73.0

-1.5-.23.34.0.1

-4.13.24.15.03.4

-.7.6

-2.42.06.02.6

.93.23.4

-3.18.12.22.73.3

4.82.83.04.3

2.06.11.22.8

3.71.71.3

Compensation perhour3

Busi-ness

sector

8.51.7

7.49.96.36.83.22.56.76.64.64.4

4.33.94.73.85.23.97.05.78.27.2

7.56.46.38.69.99.99.18.08.69.8

10.59.37.53.84.14.45.23.94.8

4.15.73.56.35.1

1.92.74.87.2

2.65.75.85.2

4.86.84.7


8.53.0

6.18.85.65.83.23.66.15.84.04.1

4.43.34.13.54.63.46.05.87.96.8

7.26.46.48.29.99.88.67.98.69.5

10.59.57.44.03.94.15.13.74.7

4.64.43.55.85.1

1.52.64.77.1

2.55.45.45.9

4.95.65.3

Real compensationper hour4

Busi-ness

sector

0.42.9

6.11.94.36.02.42.95.13.21.73.7

2.62.83.72.43.92.24.12.53.81.7

1.71.93.02.3

-1.1.7

3.11.4.9

-1.4

-2.6-.91.2.6

~l83.3

!e2.81.6.0

2.12.2

-3.3-2.0

1.03.4

-1.01.11.0

-.6.4

2.3


0.44.3

4.8.8

3.65.02.54.04.62.41.13.4

2.62.23.12.23.31.73.02.73.61.3

1.41.93.11.9

-1.0.6

2.71.31.0

-1.6

-2.6-.71.1.7

-.4.5

3.2

'.5

3.3

io1.62.2

-3.8-2.1

1.03.4

-1.1.8.7

1.4

-.5-.72.8

Unit labor costs

Busi-ness

sector

3.3.7

-1.05.53.03.01.7

~5.33.81.61.0

2.6.3

1.02.8.8

4.02.75.16.9

6.53.13.26.2

12.07.75.96.07.7

11.1

10.97.78.31.41.52.32.82.63.0

1.52.32.04.84.2

1.4

!94.3

s!o2.65.0

3.75.13.0


4.61.3

-.35.53.33.51.8.6

5.53.81.7.9

3.3

'.B

.7

.83.73.24.87.1

6.73.43.36.0

12.17.85.76.17.7

11.2

11.08.38.41.01.82.83.02.62.7

2.62.82.65.04.7

1.1-.61.24.5

~i.\2.03.8

6.24.52.8

Implicit pricedeflator5

Busi-ness

sector

7.2-.6

1.56.31.3.7

1.22.63.23.51.62.0

1.4

L9.9

1.02.33.32.54.65.1

4.74.94.06.49.6

10.35.96.47.39.0

9.09.65.93.33.32.52.12.62.9

2.44.82.72.61.0

2.53.42.61.4

1.55.14.14.8

3.34.62.4


7.21.3

1.85.62.01.81.53.23.33.61.22.5

1.4.6

2.0.9

1.22.03.12.94.65.0

4.95.03.64.8

10.210.86.36.67.08.9

9.79.76.33.53.03.02.32.62.7

3.03.13.32.11.0

2.82.53.01.7

1.04.33.25.9

2.84.42.9

1 Output refers to gross domestic product originating in the sector in 1982 dollars.2 Hours at work of all persons engaged in the sector, including hours of proprietors and unpaid family workers. Estimates basedprimarily on establishment data.3 Wages and salaries of employees plus employers' contributions for social insurance and private benefit plans. Also includes anestimate 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 TableC-46.

See Note, Table C-46.Source: Department of Labor, Bureau of Labor Statistics.


PRODUCTION AND BUSINESS ACTIVITY

TABLE C-48.—Industrial production indexes, major industry divisions, 1939-89

[1977=100; monthly data seasonally adjusted]

Year or month

1977 proportion

193919401941194219431944194519461947 . .1948194919501951195219531954195519561957 .. .19581959I96019611962196319641965196619671968 ...1969197019711972197319741975197619771978 ..197919801981198219831984198519861987 . .19881989 "1988: Jan

FebMar.AprMayJuneJuly.AugSeptoct :: ::::: :::::NovDec

1989: JanFebMarAprMay :::::: :.:: r:JuneJulyAugSeptOctNov ".Decp

Totalindustrial

production

100.00

16018423.326732.434929.925829030.228633135.937240.438243.044945.542647748.849153256.360166 172073.5776812785796873944930848926

10001065110710861110103110921214123.712511298137214181344134413471354136113651380138513861394139914041408140514071417141614201419142514231418142.31428

Total

84.21

15818623.827734.537331.225928930.028333035.637140.437842.644444.941747048.048152455.559365771773.1772806770782864940926834919

1000107 1111.510821105102211021234126.4129113471427148213941395140014081418142 11436144014441453145814631472146814701480148114871485149214881480148.61488

Manufacturing

Dura-ble

49.10

13618124.230741.846134924429030.327533537.740045239945.647147441547748547652856.360368676277.080884077677386396394382691 1

1000108211391091111 1999

10771242127.61284133114191466137913841388139714151417142914321438144614521457146214591458146914711474146814781472145014571462

Non-durable

35.11

17918822.723725426426327128229.228731933.033635035239141 141842146347448851854.658262166068.172576376379486590890284593 1

10001055108210701097105511371223124.613011368143915051414141.1141714231421142614461451145314631467147114851481I486149-6149515051508151 11511152215271526

Min

ing

9.83

37641844.445746.850249.248354657.450956962.461963.562369573173267170271672174177.180283187689.392796.498996498.499.398.8966974

100.01036106.411241175109.3102.9111 1108.9100.41007103.410261033101.51027104.7102610301043103.81037103.110471049103.0100910151024102.0101510211024103.51042104.41032

lltili

ties

5.96

69768.697

10.711411612013014.515517620.121823.625428431233334938441143446649.854157461864.970276.481185.090.494.092.8937974

100.01031105.9107.31071104.8105.2110.7111.1108.51103114.31159115.2115.61133111.0111611321144117.81130113.911371154114.0116511751171115.61143114.01133114.51159115.51227



TABLE C-49.—Industrial production indexes, market groupings, 1947-89


Year or month

1977 proportion

1947194819491950195119521953195419551956....19571958...195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988....1989 p

1988: JanFebMarAprMayJuneJulyAugSeptOct.:::::::..::: :::::::::NovDec

1989- JanFebMarAprMayJuneJulyAugsept::::::...::: :::::::OctNov.Decp

Totalindustrial

production

100.00

29.030.228.633.135.937.240.438.243.044.945.542.647.748.849153.256.360.166.172.073.577.681.278.579.687.394.493.084.892.6

100.0106.5110.7108.6111.0103.1109.2121.4123.7125.1129.8137.2141.8134.4134.4134.7135.4136.1136.5138.0138.5138.6139.4139.9140.4140.8140.5140.7141.7141.6142.0141.9142.5142.3141.8142.3142.8

Final products

Total

44.77

29.030.129.132.935.538.140.738.541.644.145.443.347.549.149553.756.759.965.872.175.078.681.178.278.985.692.091.786.392.4

100.0106.9111.0112.2115.2109.5114.7127.3131.0132.5136.8144.3150.2141.1141.6141.8142.5143.5144.0145.0145.8145.8146.4146.8147.7148.2148.6148.9150.2150.4151.2150.2151.1150.8149.4150.1151.6

Consumer goods

Total !

25.52

29.930.830.635.034.635.437.537.341.643.144.243.848.049.850954.357.360.565.368.670.374.577.376.480.887.391.288.484.993.3

100.0104.3103.9102.7104.1101.4109.3118.0119.8124.0127.8133.9139.4131.2131.3131.2131.9132.7133.0134.2135.0134.8136.4136.8138.2138.5138.7138.4139.5139.2139.9138.7139.3139.0139.9139.8140.6

Auto-motiveprod-ucts

2.98

25.827.026.733.629.826.833.931.541.934.536.128.736.041.237645.649.952.364.464.256.467.267.556.872.478.186.274.570.287.1

100.0102.4

94.976.178.878.195.1

109.4114.1115.3118.5124.9125.5118.7117.6120.6121.9127.1127.1124.4124.2126.4128.9129.5134.5132.5131.6128.9131.7128.6125.6120.2122.3120.6118.9119.3121.9

Homegoods

3.91

26.127.225.234.729.929.933.931.336.938.838.035.841.141.442746.450.054.661.968.269.174.078.976.581.092.798.190.779.989.5

100.0104.7103.797.798.186.5

101.1114.3111.2115.8121.6125.6132.6124.0122.8120.2124.3124.4123.9125.9126.8126.2129.7128.9130.0130.7131.6131.1132.6133.3134.8132.7133.5133.4134.2132.5132.1

Equipment

Total2

19.25

25.526.824.026.036.143.347.041.142.046.148.042.947.248.447853.256.359.667.378.483.485.888.181.876.683.893.696.688.591.5

100.0110.3120.4124.7129.9120.2121.7139.6145.8143.6148.9158.2164.5154.3155.3155.9156.5157.7158.5159.4160.1160.4159.7159.9160.4161.1161.6162.8164.3165.4166.1165.5166.8166.5162.0163.7166.1

Busi-ness

14.34

25.927.023.625.230.834.936.331.934.640.141.735.239.540.639442.844.950.357.666.768.071.075.672.969.379.092.496.586.189.3

100.0112.2124.7125.1127.6113.6115.4134.2140.2139.5144.5157.6167.8151.2152.4153.3154.6156.9158.1159.3160.2160.8160.2161.2162.6163.8165.0166.3167.8169.1169.6168.5169.9169.6165.2167.2169.9

De-fenseand

space

3.67

15.217.818.621.953.875.790.679.873.171.474.674.978.981.182495.4

102.999.6

110.3129.6147.8148.1141.0119.4107.3104.3101.9100.498.5

100.1100.0101.2105.6115.4119.8133.0143.1156.4171.4182.0188.9185.8180.0190.6191.0189.9187.9185.5184.6184.9184.9184.5184.0182.2180.5180.0179.3178.7179.9180.7181.1182.0182.7182.1176.0176.9179.6

Inter-mediate

prod-ucts

12.94

29.931.629.934.836.536.338.838.743.945.945.944.949.649.950954.057.060.764.668.671.475.579.678.480.890.296.092.683.692.1

100.0106.9110.8106.9107.3101.7111.2124.7129.3136.2143.4151.5157.5148.1149.4149.9149.6150.4150.0151.6152.3152.9154.0154.2155.0156.6155.1156.1156.5156.3157.0157.5157.5157.8158.9160.1160.5

Materials

Total3

42.28

28.830.027.332.736.236.740.837.744.645.745.741.147.448.148 152.455.860.367.273.272.577.381.979.080.288.496.894.883.293.0

100.0105.9110.3105.3107.796.7

102.8114.2114.3113.8118.2125.2128.1123.0122.1122.5123.6123.9124.5126.4126.5126.5127.5128.3128.3128.1127.4127.3128.2127.9127.7128.3128.8128.6128.6128.6128.2

Dura-ble

goods

20.50

28.529.326.333.137.638.444.938.747.447.647.540.047.748.347152.455.960.969.876.974.278.682.775.175.485.297.494.678.890.8

100.0108.8114.4106.1109.794.2

103.7121.5121.7120.0125.0135.4139.2131.8131.4131.3132.7134.8134.9136.8136.6137.8138.9139.8139.0139.4138.6137.9139.0138.7139.4139.9140.9140.4139.2139.0137.7

Non-durablegoods

10.09

29.133.334.834.734.539.440.141745.247.952.157.261.862.969.174.875.278.486.492.793.282.993.9

100.0105.6109.3103.4107.196.6

106.2111.4112.1117.5125.9132.0137.5129.9128.1130.1131.1130.1130.1132.8133.1132.6134.7135.1136.3137.1135.9136.0137.1136.8137.3138.5138.3136.7138.5138.6138.7

1 Includes clothing and consumer staples, not shown separately.2 Two components—oil and gas well drilling and manufactured homes—are included in total equipment, but not in detail shown.3 Includes energy materials, not shown separately.Source: Board of Governors of the Federal Reserve System.


TABLE C-50.—Industrial production indexes, selected manufactures, 1947-89


Year or month

1977 proportion...

1947194819491950195119521953.. .195419551956195719581959I960196119621963196419651966196719681969.19701971197219731974... .19751976 .1977197819791980198119821983198419851986198719881989 "1988: Jan

FebMarApr .. .MayJuneJulyAugSeptOctNovDec

1989- JanFebMar

Jay'""""!"JuneJulyAug

&=Nov"Dec"

Durable manufactures

Primarymetals

Total

5.33

57.860.150.563.669.263.271.657.975.374.871.656.866.466.164.969.675.184.793.298.991.494.7

101.994.889.9

100.7114.3110.7

88.298.7

100.0107.0108.590.495.065.873.082.380.475.181.389.288.686.586.485.185.389.287.591.590.893.194.292.790.093.291.188.490.187.287.389.290.389.288.985.182.8

Ironandsteel

3.49

70.473.662.977.586.676.287.968.390.889.185.964.774.575.772.375.382.193.4

102.4105.597.5

100.7109.7102.193.4

103.8118.2114.592.0

101.4100.0107.5108.0

86.392.557.566.173.470.463.470.678.1

77.877.474.274.578.674.280.278.981.483.180.877.682.279.175.977.073.272.975.475.975.476.472.1

Fabri-catedmetalprod-ucts

6.46

40.441.237.245.548.647.453.548.255.055.857.251.357.657.656.261.163.167.073.678.882.586.988.481.981.589.499.495.482.791.6

100.0105.7109.4101.8101.686.689.1

102.6107.1108.0111.0120.9124.6117.1117.6118.8118.8119.8120.4121.7122.1122.5122.6124.6125.1124.5124.5123.8123.1124.8125.2125.4125.5124.4124.2125.2124.6

Non-elec-trical

machin-ery

9.54

26.726.822.925.732.635.536.931.634.639.739.633.238.839.037.942.545.451.758.267.668.969.575.272.867.678.591.797.784.588.8

100.0111.7122.6123.3129.8115.6118.3141.8146.2145.0152.7170.8185.7162.9163.6164.6167.2170.3171.2173.1174.1174.8173.8175.4177.8178.7180.8183.0184.7186.5187.5186.7187.8188.2184.9188.5189.4

Electri-cal

machin-ery

7.15

14.515.114.119.419.522.325.622.826.128.328.125.731.233.835.941.342.444.953.564.264.568.172.569.369.679.790.789.877.286.8

100.0112.9125.7130.3134.1128.4143.8170.5168.3165.7172.3180.1181.8177.4177.8176.6178.7179.1179.5181.5182.2181.8183.0182.2180.9180.9181.7181.6182.2181.6181.9181.4183.7182.7181.8181.5180.9

Transportationequipment

Total

9.1326.629.029.234.938.945.256.849.456.855.159.046.552.754.651.359.365.166.879.485.183.290.489.775.381.587.099.190.181.092.2

100.0106.3108.396.995.187.699.2

112.2122.8127.5129.2132.1132.5128.6128.4130.0130.4133.1132.8131.9131.8132.7134.8135.2136.8136.7136.4134.8136.4135.5134.2131.3133.2131.9123.8125.0129.7

Motorvehicles

andparts

5.25

28.831.232.041.237.832.440.835.147.138.240.129.638.543.438.146.351.352.767.366.258.269.770.056.370.677.189.877.565.786.5

100.0104.695.971.171.666.885.8

104.4111.9111.5111.8117.2116.5109.7109.3113.0114.8119.6119.1116.6117.5118.5121.7122.9125.5124.9123.4120.4122.0119.7116.4110.4114.2112.7110.1110.5110.4

Lumberand

prod-ucts

2.30

47.249.143.352.752.551.854.854.560.860.155.256.063.659.862.666.169.274.377.280.179.381.681.581.183.295.395.686.880.891.9

100.0102.4102.092.990.182.8

100.2109.1114.3124.1130.3137.3

136.3139.0137.8138.0139.8136.4136.6133.8133.5137.5139.4143.0139.9132.8133.4135.1135.5137.2136.9136.5135.7137.6138.9

Nondurable manufactures

Apparelprod-ucts

2.79

47.049.148.652.351.354.054.754.159.761.160.959.265.266.566.969.672.575.079.381.380.982.985.682.283.288.389.085.077.691.5

100.0103.198.397.396.187.395.3

102.7100.4103.1107.4109.1

108.7108.5108.7109.2108.6109.3109.4108.9109.9109.5110.1108.8110.2110.2109.9111.3111.5111.9111.4111.1111.2110.8110.1

Textilemill

prod-ucts

2.29

38.541.138.043.242.842.443.540.746.447.745.544.850.749.851.254.756.761.266.670.770.778.983.081.285.793.997.889.084.894.2

100.0102.8104.4100.898.189.2

100.9104.2102.2109.2115.9116.2

116.2115.3117.0117.3114.6114.3117.1116.4116.2117.0117.2117.9120.2119.4119.7122.5123.6123.8123.5123.2123.2123.0121.7

Printingand

publish-ing

4.54

34.336.037.038.839.539.441.242.947.250.251.950.754.156.356.558.661.765.569.775.079.180.484.382.082.788.290.689.283.591.2

100.0107.8112.7115.1118.6120.2129.8146.5151.4160.9172.1184.2200.9177.5178.7180.4181.8180.7182.3184.9186.7188.0188.1188.5188.0193.0194.6198.5200.1199.0200.5199.9200.6203.1203.8205.6206.6

Chem-icalsand

prod-ucts

8.05

10.411.311.113.915.716.517.818.121.122.623.924.728.829.931.434.838.141.746.550.753.059.664.567.171.480.387.891.082.992.8

100.0106.8111.4106.4112.6103.8114.0121.6126.4132.0140.2151.9

147.9145.4146.4148.9149.1150.5153.4154.8155.3156.7157.5158.1159.0158.5159.2159.3158.2159.9162.2161.5159.3161.5162.8

Foods

7.96

41.941.541.943.444.345.246.147.049.852.653.454.757.459.060.762.664.967.869.472.075.277.279.881.083.688.089.891.090.495.6

100.0104.3106.7111.4113.7114.9120.4126.9130.5134.4137.8142.7

141.2141.9141.1140.3141.0141.3143.3143.3143.2144.0145.7145.8146.6146.3145.4146.6147.2147.9147.3148.3148.8150.1150.7



TABLE C-51.—Capacity utilization rates, 1948-89


Year or month

19481949

19501951195219531954

19551956195719581959

I9601961196219631964

19651966196719681969

19701971.. .197219731974

19751976197719781979

19801981198219831984

1985.. .1986198719881989 "

1988: JanFebMar

June


1989: JanFebMar

fenJune

JulyAugSeptOct.Nov"Dec p.

Totalindustry

87187.4874

80.979084.087983.6

74.178882.4848852

80979.972174.6810

80479.480783383.7

82.582.482.482782.983.0

83.783.883.784.084.184.3

84.383.983.884.284.084.0

83.783.9-83.683.183.183.3

Total

825742

828858854893801

870861836750816

801773814835856

89591 1867870867

79.277482.8870826

723774814842846

793782703739805

80179781 1835839

82.782.682.782983.383.3

84.084.084.084.384.484.4

84.784.384.184.584.384.4

84.084.283.783.183.283.1

Durablegoods

870867861

76.173379.7862816

696748794829841

779767669703787

785772784818823

80.380.580.680981.881.7

82.382.382.582.883.083.1

83.282.982.683.082.982.9

82.482.882.280.981.081.1

Manufacturing

Non-durablegoods

867877880

83.983587.4881842

76381484586 1853

813806754794833

824835849861863

86.285.785.885985.485.5

86.486.486.286.486.486.3

86.886.386.386.586.286.4

86.386.285.986.286.285.8

Primaryprocessing

873762

88590284989480.6

92.089484.775483.0

79.877981583.8878

91091.485386.9877

80.979586.4913854

722793831860866779781675739809

809818846873864

87.186.686.986987.086.6

87.887.487.287.988.187.9

88.487.086.486.886.286.2

86.786.685.886.285.784.5

Advancedprocessing

800732

79883485989380.0

84.284483.174981.1

80.577281683.4846

88891.187687.0861

78.376181.1851815

72676880583 1835

800783717740803

797788794818828

80.780.780.781281.781.7

82.282.482.482.682.682.8

83.183.083.083.583.483.5

82.983.282.681.781.982.2

Mining

82984.6870

89.087390.291491.1

89.2897899903907

932929834779840

824764778817824

80.779.580.682380.881.2

82.582.282.381.983.383.6

82.280.681.282.081.881.5

82.182.483.484.084.383.4

Utilities

93293.9956

95.193794.592886.8

84.385385.1850856

85484.281480.0830

82379.179581381.9

82.482.681.079379.780.8

81.583.980.481.080.882.0

80.982.683.382.981.880.8

80.580.080.881.781.386.3

Industrialmaterials

85186.8881

81.880486.091186.1

73.480384.1863871

81 181.271875.3820

80378.680583783.7

83.082.382.482983.083.2

84.484.384.184.785.184.9

84.684.083.784.283.883.6

83.783.983.683.583.382.8



TABLE C-tt.—New construction activity, 1929-89

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

Year or month

19291933193919401941194219431944 . .

19451946

New series

194719481949

1950.1951195219531954

19551956195719581959

I960196119621963

New series

1964

1965.1966196719681969

19701971197219731974

19751976197719781979

19801981198219831984

1985198619871988

Tni_|

newconstruc-

tion

10.82.98.28.7

12.014.18.35.3

5.814.3

20.026.126.7

33.635.436.839.141.4

46.547.649.150.055.4

54.756.460.264.8

72.6

78.581.883.593.2

100.5

101.3117.9133.9147.4147.8

144.4163.1188.2226.2253.0

252.8261.3248.0282.4329.6

356.6387.0397.7409.7

Private construction

Total

8.31.24.45.16.23.42.02.2

3.412.1

16.721.420.5

26.726.226.027.929.7

34.834.935.134.639.3

38.939.342.345.5

52.4

56.658.058.165.772.7

73.488.2

103.9115.0109.6

102.7122.2148.8178.7201.3

194.3204.7194.3228.7271.9

292.6315.3320.1328.7

Residentialbuildings '

Total2

3.6.5

2.73.03.51.7.9.8

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

158.5187.1194.7198.1

Newhousing

units

3.0.3

2.32.63.01.4.7.6

.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

114.7133.2139.9138.9

Nonresidential buildings and otherconstruction l

Total

4.7.8

1.72.12.71.71.11.4

2.15.8

6.98.28.0

8.610.310.211.311.5

12.914.716.114.815.1

15.916.217.217.6

21.8

26.329.429.431.635.5

37.539.743.249.953.7

51.254.056.868.884.9

93.9105.5109.6103.1118.0

134.1128.2125.5130.6

Com-mer-cial3

1.1.1.3.3.4.2.0.1

.21.2

1.01.41.2

1.41.51.11.82.2

3.23.63.63.63.9

4.24.75.15.0

6.8

8.18.18.09.0

10.7

11.113.015.417.717.6

13.913.715.719.727.1

32.938.041.441.054.9

66.964.262.864.9

Indus-trial

0.9.2.3.4.8.3.2.2

.61.7

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

6.55.44.76.27.9

8.07.27.7

11.015.0

13.817.017.312.913.7

15.813.713.714.9

Other4

2.6.5

1.21.31.51.2

.91.1

1.33.0

4.25.55.9

6.16.76.87.37.2

7.38.09.08.89.0

8.98.79.29.7

11.5

13.114.715.416.617.9

19.921.323.126.028.2

29.333.133.338.142.8

47.250.550.949.349.4

51.450.248.950.8

Public construction

Total

2.51.63.83.65.8

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

41.740.939.447.551.7

58.556.553.753.857.7

64.171.777.680.9

Federal

0.2.5.8

1.23.89.35.62.5

1.7.9

.81.21.5

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

12.012.414.112.2

State andlocal 5

2.31.13.12.42.01.3.7.6

.71.4

2.53.54.8

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

35.634.132.439.343.1

48.846.143.743.246.4

52.159.363.668.7



TABLE C-52.—New construction activity, 1929-89—Continued

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

Year or month


JulyAugSeptOct.. ::::::::..NovDec


JulyAugSeptOctp

Nov

Totalnew

construc-tion

396.9397.3411.1408.3408.0408.7

410.7408.1411.5411.1415.4425.0

423.0416.6416.8411.9416.5412.5

410.3416.3416.2415.6421.7

Private construction

Total

321.4319.6327.9327.0327.6328.0

328.1329.2329.8331.4332.8336.3

337.7333.2338.1332.5330.6329.0

328.8331.9329.6330.2330.3

Residentialbuildings1

Total2

193.9192.2198.6198.5197.0196.2

196.8197.6198.3200.8202.0202.5

202.9200.5202.1200.7197.0194.2

195.2194.4192.8193.2194.4

Newhousing

units

138.3137.0139.9139.4138.3137.5

137.0137.0138.0139.8141.9143.3

145.6145.3143.2141.8138.2136.5

136.6135.8134.0134.0136.7

Nonresidential buildings and otherconstruction l

Total

127.5127.4129.3128.5130.6131.8

131.3131.6131.5130.6130.8133.8

134.8132.7136.0131.8133.6134.8

133.6137.5136.8137.0135.9

Com-mer-cial3

63.062.663.965.266.066.5

66.565.764.863.663.465.5

66.766.068.563.164.265.3

64.565.865.366.264.6

Indus-trial

13.814.314.914.715.015.5

14.815.014.915.515.415.0

15.915.115.716.215.916.3

16.417.517.917.818.1

Other4

50.750.650.548.549.649.9

49.951.051.951.551.953.2

52.251.651.852.553.553.2

52.754.253.653.053.2

Public construction

Total

75.677.783.281.380.480.8

82.578.981.779.782.688.8

85.383.478.779.485.983.5

81.584.486.685.491.4

Federal

11.111.013.111.811.713.2

12.712.614.711.011.112.1

10.511.812.69.4

14.513.6

11.613.014.913.213.6

State andlocal5

64.566.770.169.668.767.6

69.966.267.068.771.576.7

74.871.666.270.071.469.9

69.871.471.872.277.9

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, and all

other private.5 Includes Federal grants-in-aid for State and local projects.Source: Department of Commerce, Bureau of the Census.


TABLE C-53.—New bousing units started and authorized, 1959-89

[Thousands of units]

Year or month

1959

19601961196219631964

19651966196719681969.

19701971197219731974

19751976197719781979

19801981198219831984

19851986198719881989"


July .AugSeptOctNovDec


JulyAugSeptOctNov p

Dec"

New housing units started

Private and public '

Total(farm andnonfarm)

1,553.7

1,296.11,365.01,492.51,634.91,561.0

1,509.71,195.81,321.91,545.41,499.5

1,469.02,084.52,378.52,057.51,352.5

1,171.41,547.62,001.72,036.11,760.0

1,312.61,100.31,072.11,712.51,755.8

1,745.01,807.11,622.7

4

( 4

105.1102.8141.3159.6158.3163.2

152.7143.9152.3135.2113.2

4

4 )

:ifl( 4 )(4

(4

j:4

Nonfarm

1,531.3

1,274.01,336.81,468.71,614.81,534.0

1,487.51,172.81,298.81,521.41,482.3

V333

|j

( 3 )( 3 )

J )

( 3 )( 3 )( 3 )

( 3 )3)

( 3 )( 3 )( 3 )

( 3 )( 3

( 3

( 3

333)

( 3 }

( 3 )

( 3 )

( 3 )

ii3

3

3

3)

( 3 )

Private (farm and nonfarm) l

Total

1,517.0

1,252.21,313.01,462.91,603.21,528.8

1,472.81,164.91,291.61,507.61,466.8

1,433.62,052.22,356.62,045.31,337.7

1,160.41,537.51,987.12,020.31,745.1

1,292.21,084.21,062.21,703.01,749.5

1,741.81,805.41,620.51,488.11,374.3

Type of structure

1 unit

1,234.0

994.7974.3991.4

1,012.4970.5

963.7778.6843.9899.4810.6

812.91,151.01,309.21,132.0

888.1

892.21,162.41,450.91,433.31,194.1

852.2705.4662.6

1,067.61,084.2

1,072.41,179.41,146.41,081.31,001.9

2 t o 4units

283

25733847159C

108.4

86.661.171.680.985.0

84.8120.3141.3118.368.1

64.085.9

121.7125.0122.0

109.591.180.0

113.5121.4

93.484.065.358.855.3

5 unitsor more

.0

.4

.7

.5

.8450.0

422.5325.1376.1527.3571.2

535.9780.9906.2795.0381.6

204.3289.2414.4462.0429.0

330.5287.7319.6522.0544.0

576.1542.0408.7348.0317.2

New private housing units authorized 2

Total

1,208.3

998.01,064.21,186.61,334.71,285.8

1,239.8971.9

1,141.01,353.41,323.7

1,351.51,924.62,218.91,819.51,074.4

939.21,296.21,690.01,800.51,551.8

1,190.6985.5

1,000.51,605.21,681.8

1,733.31,769.41,534.81,455.61,340.6

Type of structure

1 uni t

938.3

746.1722.8716.2750.2720.1

709.9563.2650.6694.7625.9

646.8906.1

1,033.1882.1643.8

675.5893.6

1,126.11,182.6

981.5

710.4564.3546.4901.5922.4

956.61,077.61,024.4

993.8937.8

2 to 4units

77.1

64.667.687.1

118.9100.8

84.861.073.084.385.2

88.1132.9148.6117.064.3

63.993.1

121.3130.6125.4

114.5101.888.3

133.6142.6

120.1108.489.375.770.0

5 unitsor more

192.9

187.4273.8383.3465.6464.9

445.1347.7417.5574.4612.7

616.7885.7

1,037.2820.5366.2

199.8309.5442.7487.3444.8

365.7319.4365.8570.1616.8

656.6583.5421.1386.1332.9

Seasonally adjusted annua l rates

1,3911,5111,5281,5761,3921,463

1,4781,4591,4631,5321,5671,577

1,6781,4651,4091,3431,3081,406

1,4201,3291,2641,4231,3421,235

1,0211,0951,1691,0871,0011,088

1,0671,0761,0391,1361,1381,141

1,1991,029

9811,029

977972

1,026990971

1,0231,003

904

535857585362

505962636865

666250624255

575657604753

317358302431338313

361324362333361371

413374378252289379

337283236340292278

1,2641,4441,5001,4311,4481,485

1,4251,4661,4321,5261,5081,518

1,4861,4031,2301,3341,3471,308

1,2811,3281,3191,3561,3421,376

9161,0021,025

954982997

9761,007

9801,0291,0271,058

1,052989870954905874

906927946961979970

697283727676

777074817775

758872716566

737766646465

279370392405390412

372389378416404385

359326288309377368

302324307331299341

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.Source: Department of Commerce, Bureau of the Census.


TABLE C-54.—Business expenditures for new plant and equipment, 1947-90


Year or quarter

194719481949

19501951195219531954

19551956195719581959

I9601961196219631964

19651966196719681969

19701971197219731974

19751976197719781979

1980198119821983198419851986198719881989 41990 4

1988: 1||IIIIV

1989- 1IIIllIV4

1990: I 4

II4

Industries surveyed quarterly

Allindus-tries

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

142.42158.44184.82217.76254.96

282.80315.22310.58304.78354.44

387.13379.47389.67430.76475.18505.49

413.34427.54435.61442.11

459.47470.86484.93485.45

503.46518.27

Manufacturing

Total

8.739.257.32

7.7311.0712.1212.4312.00

12.5016.3317.5012.9813.76

16.3615.5316.0317.2721.2325.4131.3732.2532.3436.27

36.9933.6035.4242.3552.48

53.6658.5367.4878.5895.92

112.33126.54120.68116.20138.82

153.48142.69145.90166.32183.16190.16

157.97162.62168.76173.32

175.22181.53187.66188.21

193.76198.70

Dura-ble

goods

3.393.542.67

3.225.125.755.715.49

5.878.198.596.216.72

8.287.437.818.6410.98

13.4917.2317.8317.9319.97

19.8016.7818.2222.6326.77

25.3727.5032.7739.4648.50

55.3659.8155.3553.0866.24

73.2769.1471.0178.3083.0583.22

75.2877.3879.1580.56

81.2682.9785.6682.30

86.8488.43

Non-durablegoods

5.345.714.64

4.515.956.376.726.516.628.158.916.777.04

8.08.8.108.228.6310.25

11.9214.1514.4214.4016.31

17.1916.8217.2019.7225.71

28.2831.0334.7139.1347.42

56.9666.7365.3363.1272.58

80.2173.5674.8888.01100.11106.94

82.6985.2489.6292.76

93.9698.57102.00105.90

106.92110.27

Nonmanufacturing

Total *

11.3813.5312.96

13.8315.7416.0417.5316.8518.4421.5723.0420.8622.12

23.0822.8024.8326.4030.04

34.1239.0340.5044.0849.47

54.9259.3167.9877.6787.19

88.7699.91117.34139.18159.04

170.47188.68189.89188.58215.61

233.65236.78243.78264.44292.02315.33

255.37264.92266.85268.79

284.24289.33297.28297.25

309.70319.57

Min-ing

0.69.93.88

.841.111.211.251.29

1.311.641.691.431.35

1.291.261.411.261.33

1.361.421.381.441.77

2.022.672.883.304.58

6.127.639.8111.2212.81

15.9921.3920.0515.1916.8615.8811.2211.3912.6612.5012.0112.6113.1512.5312.3812.1512.7012.5912.58

12.2312.83

Trans-porta-tion

2.693.172.802.873.603.563.582.91

3.103.563.842.723.47

3.543.143.593.644.71

5.666.686.576.917.23

7.176.427.148.009.16

9.9511.1012.2013.3616.05

16.6015.8414.7913.9716.5218.0218.8018.8521.3425.2426.41

20.3520.9522.0222.04

23.1324.2628.5325.04

26.6127.56

Publicutili-ties

1.642.673.28

3.423.753.964.614.23

4.264.785.955.745.46

5.405.205.125.335.80

6.497.829.3310.5211.70

13.0314.7016.2617.9919.96

20.2322.9027.8331.5035.63

37.7441.2145.4344.9647.48

48.8146.3844.8846.6750.0650.14

45.0545.6046.6948.73

50.8152.0149.5747.86

51.8953.11

Com-mercialandother

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

52.4758.2967.5183.0994.56

100.14110.24109.63114.45134.75

150.94160.38168.65183.76204.22226.78

177.37185.21185.61185.65

198.15200.36206.59211.76

218.97226.07

Addenda

Totalnon-farmbusi-ness 2

22.2725.9724.03

25.8131.3832.1634.2033.62

37.0845.2548.6242.5545.17

48.9948.1451.6153.5962.02

70.7982.6283.8288.92100.02

106.15109.18120.91139.26159.83

162.60179.91208.15245.34284.94

314.47349.26347.47343.35398.99

431.94427.23440.66483.48

Manu-fac-tur-ing

8.739.257.32

7.7311.0712.1212.4312.00

12.5016.3317.5012.9813.76

16.3615.5316.0317.2721.2325.4131.3732.2532.3436.27

36.9933.6035.4242.3552.48

53.6658.5367.4878.5895.92

112.33126.54120.68116.20138.82

153.48142.69145.90166.32183.16190.16

157.97162.62168.76173.32

175.22181.53187.66188.21

193.76198.70

Nonmanufacturing

Total

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

69.1675.5885.4996.91107.35

108.95121.38140.67166.76189.02

202.15222.72226.79227.15260.16

278.46284.54294.77317.17

::::::::::::::

Sur-veyedquar-terly

11.3813.5312.96

13.8315.7416.0417.5316.8518.4421.5723.0420.8622.12

23.0822.8024.8326.4030.04

34.1239.0340.5044.0849.47

54.9259.3167.9877.6787.19

88.7699.91117.34139.18159.04

170.47188.68189.89188.58215.61

233.65236.78243.78264.44292.02315.33

255.37264.92266.85268.79

284.24289.33297.28297.25

309.70319.57

Sur-veyedannu-ally3

2.163.193.76

4.254.574.004.234.766.147.358.088.729.29

9.559.8010.759.9310.76

11.2712.2211.0712.5014.27

14.2416.2617.5119.2420.16

20.1921.4723.3327.5829.98

31.6834.0436.8938.5644.55

44.8147.7550.9952.73

1 Excludes forestry, fisheries, and agricultural services; professional services; social services and membership organizations; and realestate, which, effective with the April-May 1984 survey, are no longer surveyed quarterly. See last column ("nonmanufacturing surveyedannually") for data for these industries.2 "All industries" plus the part of nonmanufacturing that is surveyed annually.3 Consists of forestry, fisheries, and agricultural services; professional services; social services and membership organizations; andreal estate.4 Planned capital expenditures as reported by business in October and November 1989, corrected for biases.



TABLE C-55.—Manufacturing and trade sales and inventories, 1948-89

[Amounts in millions of dollars,- monthly data seasonally adjusted]

Year or month

1948..19491950195119521953195419551956.195719581959I96019611962196319641965196619671968196919701971....197219731974197519761977197819791980198119821983198419851986198719881988: Jan


1989: JanFebMar

&:::::::JuneJulyAugSeptOctNov *

Total manufacturing andtrade

Sales1

35,26033,78838,59643,35644,84047,98746,44351,69454,06355,87954,20159,72960,82761,15965,66268,99573,68280,28387,18790,76598,607105,585108,100116,769130,931153,762177,946182,402204,381229,773260,592298,144327,874356,700348,747368,813407,869418,151423,700449,536485,756462,173466,052474,260475,218478,467486,226486,289491,892491,565498,635501,333506,142511,881507,328507,555517,745518,088515,695511,144526,290522,760519,975523,276

Inven-tories2

52,50749,49759,82270,24272,37776,12273,17579,51687,30489,05287,13292,16694,75695,628101,091105,515111,534120,947136,838144,866155,770169,419177,492187,724201,865233,175285,884288,414318,647351,164399,220451,166508,327545,613574,491590,358644,306655,066653,853700,761753,718704,033707,886710,937714,590718,506724,515729,786747,413743,967743,005746,363753,718759,803763,051765,504771,340778,093780,802787,584790,368790,572793,157796,637

Ratio3

1.421.531.361.551.581.581.601.471.551.591.611.541.561.561.541,531.511.511.571.601.581.601.641.611.541.521.611.581.561.531.531.511.551.531.651.601.581.571.541.561.551.521.521.501.501.501.491.501.501.511.491.491.491.481.501.511.491.501.511.541.501.511.531.52

Manufacturing

Sales1

17,31616,12618,63421,71422,52924,84323,35526,48027,74028,73627,24730,28630,87930,92333,35735,05837,33140,99544,87046,48750,22853,50152,80555,90663,02772,93184,79086,58998,797113,202126,905143,936154,391168,129163,350171,242187,869190,016188,360199,170217,632206,283206,932211,778213,036215,777218,881216,698221,715221,395222,917224,632230,827231,485228,353228,048234,042233,071231,236225,922238,150233,562231,995232,785

Inven-tories2

28,54326,32131,07839,30641,13643,94841,61245,06950,64251,87150,28052,98253,82354,91958,21460,08163,44068,22578,00084,66290,61798,202101,652102,658108,240124,630157,793159,932175,195189,214210,509241,100264,281282,645311,827312,647334,767327,496316,182331,132354,163333,374335,416336,695337,936340,074341,963343,788345,798347,785349,412351,603354,163357,458359,056361,130363,458365,055366,492370,803371,489370,890371,712372,852

Ratio3

1.571.751.481.661.781.761.811.621.731.801.851.751.741.781.751.711.701.661.741.821.801.841.931.841.721.711.861.851.771.671.661.681.711.681.911.831.781.721.681.661.631.621.621.591.591.581.561.591.561.571.571.571.531.541.571.581.551.571.581.641.561.591.601.60

Merchant wholesalers

Sales1

6,8086,5147,6958,5978,7829,0528,9939,89310,51310,47510,25711,49111,65611,98812,67413,38214,52915,61116,98719,52020,92622,69424,03126,35029,69538,17347,98946,80350,88556,36466,66979,47293,704102,01396,290100,244113,195114,315115,677123,581132,361125,526127,274128,685129,105128,687132,285133,850134,377134,749137,459137,140136,170140,356139,547139,991142,290142,474141,959141,667143,280143,905144,554146,307

Inven-tories2

7,9577,7069,2849,88610,21010,68610,63711,67813,26012,73012,73913,87914,12014,48814,93616,04817,00018,31720,76524,95526,26828,76232,19935,21038,81645,55657,23956,97264,36572,80186,40599,262122,979130,275128,196130,334142,380146,745152,447162,648178,313164,697166,857168,265170,032170,086172,079174,466176,415177,029177,159177,061178,313179,761179,810179,681181,226182,615182,548183,950183,529182,891186,119187,095

Ratio3

1.131.191.071.161.121.171.181.131.191.231.241.211.211.211.181.201.171.171.221.281.261.271.341.341.311.191.191.221.261.291.301.251.311.281.331.301.261.281.321.321.351.311.311.311.321.321.301.301.311.311.291.291.311.281.291.281.271.281.291.301.281.271.291.28

Retail trade

Sales1

11,13511,14912,26813,04613,52914,09114,09515,32115,81116,66716,69617,95118,29418,24919,63020,55621,82323,67725,33024,75827,45329,39031,26434,51338,20942,65845,16749,01054,69960,20767,01874,73779,77986,55889,10797,328106,805113,821119,663126,785135,763130,364131,846133,797133,077134,003135,060135,741135,800135,421138,259139,561139,145140,040139,428139,516141,413142,543142,500143,555144,860145,293143,426144,184

Inven-tories2

16,00715,47019,46021,05021,03121,48820,92622,76923,40224,45124,11325,30526,81326,22127,94129,38631,09434,40538,07335,24938,88542,45543,64149,85654,80962,98970,85271,51079,08789,149102,306110,804121,067132,693134,468147,377167,159180,825185,224206,981221,242205,962205,613205,977206,622208,346210,473211,532215,200219,153216,434217,699221,242222,584224,185224,693226,656230,423231,762232,831235,350236,791235,326236,690

Ratio3

1.391.411.381.641.521.531.511.431.471.441.441.411.471.441.421.431.421.451.501.421.421.441.401.441.431.481.571.461.451.481.531.481.521.531.511.511.571.591.551.631.631.581.561.541.551.551.561.561.581.621.571.561.591.591.611.611.601.621.631.621.621.631.641.64

1 Monthly average for year and total for month.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. Beginning 1958 annual data are based on December inventories and monthly average sales for the year. For

earlier periods, data are weighted averages. For monthly data, ratio of inventories at end of month to sales for month.Note.—Earlier data are not strictly comparable with data beginning 1958 for manufacturing and beginning 1967 for wholesale and

retail trade.Source: Department of Commerce, Bureau of the Census.


TABLE C-56.—Manufacturers' shipments and inventories, 1947-89

[Millions of dollars; monthly data seasonally adjusted]

Year ormonth

194719481949 . .1950195119521953195419551956195719581959 ....I960196119621963196419651966196719681969197019711972 ...1973197419751976197719781979 ....1980198119821983198419851986198719881988: Jan

FebMar

fc:June....JulyAugSept....OctNovDec

1989: JanFebMarAprMayJune....JulyAugSept....OctNov

Shipments l

Total

15,51317,31616,12618,63421,71422,52924,84323,35526,48027,74028,73627,24730,28630,87930,92333,35735,05837,33140,99544,87046,48750,22853,50152,80555,90663,02772,93184,79086,58998,797113,202126,905143,936154,391168,129163,350171,242187,869190,016188,360199,170217,632206,283206,932211,778213,036215,777218,881216,698221,715221,395222,917224,632230,827231,485228,353228,048234,042233,071231,236225,922238,150233,562231,995232,785

Dura-ble

goodsindus-tries

6,6947,5797,1918,84510,49311,31313,34911,82814,07114,71515,23713,56315,60915,88315,61617,26218,28019,63722,22124,64925,26727,65929,43728,18829,95434,02739,68144,23043,65950,70059,26767,84876,06077,55083,87279,35284,95696,62399,01999,989105,291115,684109,125109,829112,744112,521114,751116,522113,122117,866118,030118,439119,874124,175123,578120,924120,432123,331122,962121,720117,114128,347124,393121,840123,180

Non-durablegoodsindus-tries

8,8199,7388,9359,78911,22111,21611,49411,52712,40913,02513,49913,68414,67714,99615,30716,09516,77817,69418,77420,22021,22022,57024,06424,61725,95229,00033,25040,56042,93148,09753,93559,05767,87676,84184,25783,99886,28691,24690,99688,37193,879101,94897,15897,10399,034100,515101,026102,359103,576103,849103,365104,478104,758106,652107,907107,429107,616110,711110,109109,516108,808109,803109,169110,155109,605

Inventories2

Total

25,89728,54326,32131,07839,30641,13643,94841,61245,06950,64251,87150,28052,98253,82354,91958,21460,08163,44068,22578,00084,66290,61798,202101,652102,658108,240124,630157,793159,932175,195189,214210,509241,100264,281282,645311,827312,647334,767327,496316,182331,132354,163333,374335,416336,695337,936340,074341,963343,788345,798347,785349,412351,603354,163357,458359,056361,130363,458365,055366,492370,803371,489370,890371,712372,852

Durable goods industries

Total

13,06114,66213,06015,53920,99123,73125,87823,71026,40530,44731,72830,28232,09932,39932,56334,64735,88938,52842,28649,95055,00558,87664,73866,78166,28970,25081,399101,741102,871112,584121,601137,891160,533174,620186,347200,825200,406218,771214,066208,313216,598233,666218,507219,913220,523221,405222,948224,000225,467226,600228,214229,735231,766233,666236,810238,165239,330240,486241,689242,295245,813246,378245,621246,427247,649

Mate-rialsand

supplies

8,9667,8949,19410,41710,60810,04310,78310,36110,29010,82411,08011,98113,34115,50316,45517,37618,69319,18219,75920,86026,02935,15133,92037,54840,25145,25252,68755,12157,92758,96060,20364,88162,22960,21861,25565,25261,75361,83062,55262,54163,10563,52264,13864,99865,25365,32465,29865,25266,27366,85267,27866,88766,74866,68167,56567,74667,61168,01068,166

Workin

proc-ess

10,7209,72110,75612,31712,83712,39213,07012,78313,20414,15614,87416,19218,07721,93925,00427,33530,40829,84828,65030,78835,54642,60343,36946,34450,62058,63469,25476,99781,10587,22387,64397,75097,25394,46699,952108,392100,751101,955101,709102,665103,678104,112104,257103,927104,440105,239106,884108,392109,309110,118111,555113,381114,291114,668116,487116,560115,477115,756116,895

Finishedgoods

6,2066,0406,3487,5658,1257,8478,2469,2559,0699,6679,93510,35510,86812,50813,54614,16515,63717,75117,88018,60219,82423,98725,58228,69230,73034,00538,59242,50247,31554,64252,56056,14054,58453,62955,39160,02256,00356,12856,26256,19956,16556,36657,07257,67558,52159,17259,58460,02261,22861,19560,49760,21860,65060,94661,76162,07262,53362,66162,588

Nondurable goods industries

Total

12,83613,88113,26115,53918,3151740518,07017,90218,66420,19520,14319,99820,88321,42422,35623,56724,19224,91225,93928,05029,65731,74133,46434,87136,36937,99043,23156,05257,06162,61167,61372,61880,56789,66196,298111,002112,241115,996113,430107,869114,534120,497114,867115,503116,172116,531117,126117,963118,321119,198119,571119,677119,837120,497120,648120,891121,800122,972123,366124,197124,990125,111125,269125,285125,203

Mate-rialsand

supplies

8,3178,1678,5568,9718,7758,6699,0839,0889,5029,8199,98410,13410,45311,15911,71412,29012,72513,15013,68314,67618,13223,70023,54225,83227,39829,31732,45136,20637,75843,91544,64344,91742,96441,54044,35447,29444,69444,85845,45845,57845,79046,25546,35046,93147,36447,61147,66447,29446,96346,90046,85846,78046,67946,77346,89147,07346,64346,76947,027

Workin

proc-ess

2,4722,4402,5712,7212,8642,8322,9472,9503,1093,2983,4073,5173,8114,2074,4214,8485,1225,2745,6655,9826,7078,1758,8379,93311,00311,90713,74115,73216,07418,58518,84218,97818,92617,36018,75219,29118,75918,61018,89119,06119,07519,05019,21819,16319,11019,17219,07119,29119,53219,52220,07520,49320,29020,52420,83720,91920,98521,40521,150

Finishedgoods

7,4097,4157,6668,6228,6248,4978,8539,3869,74510,45010,80111,26111,67512,68413,52214,60315,61716,44717,02117,33218,39224,17724,68226,84629,21231,39434,37537,72342,46648,50248,75652,10151,54048,96951,42853,91251,41452,03551,82351,89252,26152,65852,75353,10453,09752,89453,10253,91254,15354,46954,86755,69956,39756,90057,26257,11957,64157,11157,026

1 Monthly average for year and tptal for month.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.Source: Department of Commerce, Bureau of the Census.


TABLE C-57.—Manufacturers' new and unfilled orders, 1947-89

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

Year or month

194719481949195019511952195319541955195619571958195919601961196219631964196519661967196819691970197119721973 . .197419751976197719781979198019811982198319841985198619871988

1988- JanFebMarAprMayJuneJulyAugSeptOctNovDec

1989: JanFebMarAprMayJuneJuly .. ..AugSeptOctNov

New orders x

Total

15,25617,69315,61420,11023,90723,20423,58622,33527,46528,36827,55927,19130,73130,24031,10633,43235,53638,33942,11146,40247,05650,68753,95052,03855,98464,17376,05687,24585,22099,532115,103131,650147,574156,318167,883162,273174,122189,791190,918188,663201,966221,627

210,202211,283211,799217,029216,398228,090219,877227,009222,669227,095228,153238,886236,075231,306233,011239,907233,753235,157230,447236,793234,354234,067239,816

Durable goodsindustries

Total

6,3888,1266,63310,16512,84112,06112,14710,76814,99615,36514,11113,39716,01015,30815,76117,37018,72120,63323,28826,17625,82528,11629,87127,38829,99835,06942,72646,83642,09951,40461,12872,41679,58679,48283,65778,33887,60098,58199,843100,166107,770119,634

113,069114,155113,063116,836115,369125,442116,112122,806119,321122,791123,035132,149128,479124,107125,377129,372123,524125,137122,031126,766125,227124,262130,307

Capitalgoodsindus-tries,non-

defense

""6,915"7,6606,7387,4448,62210,97112,67311,01112,79115,24219,42023,22123,24224,01221,66122,09826,24327,06726,55129,70735,028

33,86733,81931,92433,74631,52235,45836,21338,80834,85834,62335,82539,43240,35237,18938,13740,38937,29039,14641,44537,13035,34135,97538,823

Non-durablegoods

industries

8,8689,5668,9819,94511,06611,14311,43911,56612,46913,00313,44813,79514,72114,93215,34516,06216,81517,70618,82420,22521,23122,57124,08024,65025,98629,10433,33040,40943,12248,12953,97559,23467,98776,83684,22683,93586,52291,20991,07588,49794,197101,993

97,13397,12898,736100,193101,029102,648103,765104,203103,348104,304105,118106,737107,596107,199107,634110,535110,229110,020108,416110,027109,127109,805109,509

Unfilled orders2

Total

34,47330,73624,04541,45667,26675,85761,17848,26660,00467,37553,18346,80652,24244,66647,01648,12454,01966,34779,68597,991104,548109,923115,424106,156107,145121,060158,885188,468172,037180,564204,946262,415306,540329,884327,356314,270349,419372,586383,181387,065421,243468,860

425,162429,513429,534433,527434,148443,357446,536451,830453,103457,281460,802468,860473,450476,403481,366487,231487,913491,834496,359495,002495,794497,866504,897

Durablegoods

industries

28,57926,61919,62235,43563,39472,68058,63745,25056,24163,88050,35243,99148,87842,09743,97945,50950,95663,15275,90694,160100,578105,947111,253101,565102,118114,724151,506182,926164,139172,274196,244251,525294,272317,677315,529303,187335,367358,899388,427370,700400,720447,868

404,664408,990409,309413,624414,242423,162426,152431,092432,382436,734439,895447,868452,769455,952460,897466,938467,500470,917475,834474,253475,087477,509484,636

Non-durablegoods

industries

5,8944,1174,4236,0213,8723,1772,5413,0163,7633,4952,8312.8153,3642,5693,0372,6153,0633,1953,7793,8313,9703,9764,1714,5915,0276,3367,3795,5427,8988,2908,70210,89012,26812,20711,82711,08314,05213,68714,75416,36520,52320,992

20,49820,52320,22519,90319,90620,19520,38420,73820,72120,54720,90720,99220,68120,45120,46920,29320,41320,91720,52520,74920,70720,35720,261

Unfilled orders— shipmentsratio3

Total

3.423.633.873.353.052.982.752.612.662.783.083.313.793.703.853.753.653.383.313.864.133.763.303.293.623.933.883.873.883.593.643.723.633.653.66

3.713.743.663.683.643.673.733.683.663.703.693.663.713.783.833.793.803.843.953.743.793.873.91

Durablegoods

industries

4.124.274.554.003.643.503.333.103.203.353.693.934.534.404.654.504.394.063.904.564.964.523.943.904.254.664.624.674.784.344.414.514.434.414.43

4.524.554.444.504.424.444.554.464.434.494.484.434.514.614.654.614.624.664.834.524.594.714.77

Non-durablegoodsindus-tries

0.961.121.04.85.86.94.72.79.68.73.72.80.76.73.69.69.77.77.88.93.64.84.76.72.83.83.76.69.63.70.65.69.71.83.78

.82

.82

.80

.77

.77

.79

.79

.79

.79

.78

.78

.78

.77

.75

.77

.74

.75

.77

.76

.76

.76

.74

.73

1 Monthly average for year and total for month.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 relateto seasonally adjusted data for December.

Note.—Data beginning 1958 are not strictly comparable with earlier data.Source: Department of Commerce, Bureau of the Census.


PRICES

TABLE C-58.—Consumer price indexes, major expenditure classes, 1946-89

[1982-84=100]

Year ormonth

194619471948194919501951195219531954 ..19551956195719581959196019611962196319641965196619671968196919701971197219731974197519761977197819791980 . .1981198219831984198519861987198819891988: Jan

FebMar

fcJuneJulyAugSeptOctNovDec

1989: JanFebMar

May'H!JuneJulyAugSeptOctNovDec

Allitems

19.522324.123.824.126.026.526.726.926.827.228.128.929.129.629.930.230.631031.532433.434.836.738.840.541.844.449.353.856.960.665.272.682.490.996.599.6103.9107.6109.6113.6118.3124.0115.7116.0116.5117.1117.5118.0118.5119.0119.8120.2120.3120.5121.1121.6122.3123.1123.8124.1124.4124.6125.0125.6125.9126.1

Food andbeverages

Total *

35.036.238.140.141.443.148.855.560.262.165.872.279.986.793.597.399.5103.2105.6109.1113.5118.2124.9115.7115.8116.0116.7117.1117.6118.8119.4120.1120.3120.2120.6122.0122.7123.3124.0124.7124.9125.4125.6125.9126.3126.7127.2

Food

19.824126.125025.428228.728.328.227.828.028.930.229.730.030.430.631.131.532.233.834.135.337.139.240.442.148.255.159.861.665.572.079.986.893.697.499.4103.2105.6109.0113.5118.2125.1115.7115.7115.9116.6117.0117.6118.8119.4120.2120.3120.2120.7122.2122.9123.5124.2124.9125.0125.5125.8126.1126.5126.9127.4

Housing

Total

:i::;i"

30.832.034.036.438.039.441.245.850.753.857.462.470.181.190.496.999.5103.6107.7110.9114.2118.5123.0116.2116.6117.0117.3117.7118.6119.1119.5119.9119.9119.9120.2120.7121.1121.5121.6122.1122.9123.9124.2124.3124.4124.5124.9

Shelter

22.022.522.723.124.024.524.725.225.425.826.126.527.027.828.830.132.635.537.038.740.544.448.851.554.960.568.981.090.596.999.1104.0109.8115.8121.3127.1132.8124.6125.0125.6125.8126.2126.6127.4128.2128.4128.8129.1129.3129.8130.3131.2131.2131.8132.3133.6134.1134.1134.8135.2135.6

Fuel andother

utilities2

22522.623.023.624.324.825.426.026.326.326.626.626.626.727.127.428.029.131.132.534.340.745.449.454.758.564.875.486.494.9100.2104.8106.5104.1103.0104.4107.8102.4102.8102.7102.8103.5105.9106.0106.1106.4105.4104.3105.0106.0105.9105.9106.2107.0109.2109.7109.7109.7108.0107.5108.4

House-hold

furnish-ingsandoper-ation

42!5'43.645.246.848.649.751.156.863.467.370.474.779.986.393.098.0100.2101.9103.8105.2107.1109.4111.2107.5107.7108.3109.1109.3109.6109.8109.7110.1110.3110.6110.6110.9110.9110.5110.7110.8111.1111.4111.4111.7111.9111.9111.7

Appareland

upkeep

34.439.942.540.840.343.943.543.143.142.943.744.544.645.045.746.146.346.947.347.849.051.053.756.859.261.162.364.669.472.575.278.681.484.990.995.397.8100.2102.1105.0105.9110.6115.4118.6110.4110.2114.3117.0116.3114.6112.7112.6117.8120.7119.9118.0115.3115.3119.3120.9120.4117.8115.0115.0120.0122.7122.1119.2

Trans-portation

16.718.520.622.122.724.125.726.526.125.826.227.728.629.829.830.130.830.931.431.932.333.334.335.737.539.539.941.245.850.155.159.061.770.583.193.297.099.3103.7106.4102.3105.4108.7114.1107.1106.8106.5107.2108.1108.5108.9109.6109.7110.0110.7110.8111.1111.6111.9114.6116.0115.9115.4114.3113.7114.5115.0115.2

Medicalcare

12.513.514.414.815.115.916.717.317.818.218.919.720.621.522.322.923.524.124.625.226.328.229.931.934.036.137.338.842.447.552.057.061.867.574.982.992.5100.6106.8113.5122.0130.1138.6149.3134.4135.5136.3136.9137.5138.2139.3139.9140.4141.2141.8142.3143.8145.2146.1146.8147.5148.5149.7150.7151.7152.7153.9154.4

Enter-tainment

40.743.045.247.550.051.552.956.962.065.168.371.976.783.690.196.0100.1103.8107.9111.6115.3120.3126.5118.1118.3119.0119.6119.7120.1120.5120.7121.3121.8122.2122.8123.8124.3124.7125.4125.5126.2126.9127.3127.8128.4128.6129.1

Othergoodsand

services

35.136.938.740.942.944.746.449.853.957.060.464.368.975.282.691.1101.1107.9114.5121.4128.5137.0147.7133.4134.2134.6134.8135.1135.5136.5137.5140.0140.6141.0141.3143.4144.1144.4144.7145.4146.3147.3148.7151.2151.8151.9152.9

Ener-gy3

21.521.521.922.422.522.622.622.522.923.323.824.224.825.526.527.229.438.142.145.149.452.565.786.097.799.299.9100.9101.688.288.689.394.387.487.086.587.388.791.091.492.391.989.988.988.789.089.389.894.997.499.098.597.095.994.693.293.2

1 Includes alcoholic beverages, not shown separately.2 See table C-59 for components.3 See tables C-60 for definition and C-59 for components.Note.—Data beginning 1978 are for all urban consumers; earlier data are for urban wage earners and clerical workers.Data beginning 1983 incorporate a rental equivalence measure for homeowners' costs and therefore are not strictly comparable with

earlier figures.Source: Department of Labor, Bureau of Labor Statistics.


TABLE C-59.—Consumer price indexes, selected expenditure classes, 1946-89

[1982-84=100, except as noted]

Year or month

19461947194819491950195119521953195419551956195719581959I960196119621963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891988- Jan

FebMar

MayJune .JulyAugSeptOctNovDec

1989- JanFebMarAprMayJuneJulvAugSeptOctNovDec

Food and beverages

Total l

35.036.238.140.141.443.148.855.560.262.165.872.279.986.793.597.399.5

103.2105.6109.1113.5118.2124.9115.7115.8116.0116.7117.1117.6118.8119.4120.1120.3120.2120.6122.0122.7123.3124.0124.7124.9125.4125.6125.9126.3126.7127.2

Food

Total

19824.126.125.025.428.228.728.328.227.828.028.930.229.730.030.430.631.131.532.233.834.135.337.139.240.442.148.255.159.861.665.572.079.986.893.697.499.4

103.2105.6109.0113.5118.2125.1115.7115.7115.9116.6117.0117.6118.8119.4120.2120.3120.2120.7122.2122.9123.5124.2124.9125.0125.5125.8126.1126.5126.9127.4

At

25.828.026.927.330.330.830.330.129.529.630.632.031.231.531.832.032.432.733.535.235.136.338.039.940.942.749.757.161.863.166.873.881.888.494.898.199.1

102.8104.3107.3111.9116.6124.2114.1113.9113.9114.6115.1115.8117.3118.1119.0119.0118.7119.1121.2122.0122.7123.5124.4124.3124.8124.9125.0125.4125.8126.5

Awayfromhome

21.521.922.122.623.424.124.825.426.026.727.327.828.429.731.332.934.937.539.441.044.249.854.558.262.668.375.983.490.995.8

100.0104.2108.3112.5117.0121.8127.4119.3119.7120.2120.7121.0121.5122.1122.5123.0123.4123.7124.1124.7125.2125.7126.2126.7127.1127.8128.1128.8129.1129.5129.8

Shelter

Total

22.022.522.723.124.024.524.725.225.425.826.126.527.027.828.830.132.635.537.038.740.544.448.851.554.960.568.981.090.596.999.1

104.0109.8115.8121.3127.1132.8124.6125.0125.6125.8126.2126.6127.4128.2128.4128.8129.1129.3129.8130.3131.2131.2131.8132.3133.6134.1134.1134.8135.2135.6

Renters' costs

Total 2

:":::::::::

""••""•••

"'i'oio108.6115.4121.9128.1133.6138.9130.8131.3132.9132.9133.1133.7134.7135.6134.7134.8134.2134.1135.2136.3138.6137.9137.8138.7141.5141.5139.4140.0140.1140.1

Rent,resi-

dential

25025.827528729.730932.233.935.135.636.337.037.638.238.739.239.740.140.540.941.542.243.344746.548.750.452.555.258.061.164.869.374.380.987.994.6

100.1105.3111.8118.3123.1127.8132.8126.0126.3126.4126.6126.9127.3127.8128.4129.1129.4129.8130.1130.5130.9131.1131.4131.7132.3133.0133.5133.9134.7135.2135.5

Home-owners'costs 2

I-Z--

""ibis"107.3113.1119.4124.8131.1137.3128.5129.0129.2129.4129.9130.4131.0131.8132.6133.1133.8134.0134.4134.7135.0122.4136.2136.5137.3138.1138.9139.7140.3140.9

Homemainte-nanceand

repairs

20.520.921.422.323.223.624.024.424.825.025.325.826.327.528.930.633.235.838.640.643.649.554.157.662.067.274.082.490.796.499.9

103.7106.5107.9111.8114.7118.0113.7114.3113.3115.3114.3114.7114.5115.0115.3115.0115.4115.8116.1117.1117.1117.3117.4118.3118.4118.5118.6118.6119.3119.5

Fuel and other utilities

Total

22.522.623.023.624.324.825.426.026.326.326.626.626.626.727.127.428.029.131.132.534.340.745.449.454.758.564.875.486.494.9

100.2104.8106.5104.1103.0104.4107.8102.4102.8102.7102.8103.5105.9106.0106.1106.4105.4104.3105.0106.0105.9105.9106.2107.0109.2109.7109.7109.7108.0107.5108.4

Household fuels

Total

••••-"•-

'"2l'.421.722.123.124.725.727.534.439.443.349.053.061.374.887.295.6

100.5104.0104.599.297.398.0

100.995.696.095.895.796.5

100.8100.8100.9101.098.696.897.498.798.698.598.899.6

103.2103.7103.7103.5101.099.9

101.2

Fuel oiland

otherhouse-holdfuelcom-

modities

7.990

10.610911.311.812112.612.612.713.314.013.713.913.814.114.214.414.414.615.015.516.016.317.018.218.321.133.236.438.843.946.262.486.1

104.6103.497.299.495.977.677.978.181.780.880.980.580.2

.80.079.176.976.375.974.675.076.880.581.481.582.581.580.279.778.979.382.083.988.7

Gas(Piped)

andelec-

tricity

18.318218.719219.219.319519.920.220.720.921.121.922.423.323.523.523.523.523.523.623.723.924.325.427.128.529.934.540.144.750.555.061.071.481.993.2

101.5105.4107.1105.7103.8104.6107.5101.5101.9101.7101.6102.6107.8108.1108.3108.5105.8103.7104.1105.1104.9104.8105.0106.1110.5111.1111.3111.0107.6106.1107.0

Otherutilities

andpublic

services

46.647.148.450.053.456.257.860.763.967.770.873.774.377.084.393.399.5

107.2112.1117.9120.1122.9127.1121.3121.8121.7122.3122.6122.3122.4122.6123.3124.5124.4125.5125.9126.0125.9126.2127.0127.1127.7127.8128.1127.6127.9128.2

1 Includes alcoholic beverages, not shown separately.2 December 1982=100.See next page for continuation of table.


TABLE C-59.—Consumer price indexes, selected expenditure classes, 1946-89—Continued[1982-84=100, except as noted]

Year or month

19461947194819491950195119521953195419551956195719581959I9601961. .19621963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891988: Jan

FebMarAprMayJuneJulyAufisept:::::::: :.OctNovDec

1989- JanFebMarAprMay.:::::::JuneJulyAug...::::::Septocf ....::::::::::"'NovDec

Transportation

Total

16.718.520.622.122.724.125.726526.125.826.227.728.629.829.830.130.830.931.431.932.333.334.335.737.539.539.941.245.850.155.159.061.770.583.193.297.099.3103.7106.4102.3105.4108.7114.1107.1106.8106.5107.2108.1108.5108.9109.6109.7110.0110.7110.8111.1111.6111.9114.6116.0115.9115.4114.3113.7114.5115.0115.2

Private transportation

Total 3

18.320.823.024.424.525.627.327827.126.727.128.629.530.830.630.831.431.632.032.532.933.834.836.037.539.439.741.046.250.655.659.762.571.784.293.897.199.3103.6106.2101.2104.2107.6112.9106.0105.7105.4106.0107.0107.4107.8108.6108.6109.0109.6109.6109.8110.3110.7113.6115.0114.9114.3113.1112.4113.3113.7113.9

Newcars

34.F37.340.841.143.146.847246.544.846.148.550.052.251.551.551.351.050.949.748.849.350.751.553.055.254.754.857.962.966.970.475.881.888.493.797.499.9102.8106.1110.6114.6116.9119.2116.2116.2116.0115.9116.3116.5116.5116.3116.8117.7118.7119.1119.5119.6119.6119.4119.5119.1118.6117.7117.0118.6120.5121.8

Usedcars

'267"22.721.520.723.224.026.825.026.028.428.730.029.829.029.9

3$31.233.033.135.236.743.850.354.755.860.262.376.988.898.7112.5113.7108.8113.1118.0120.4116.0116.0116.1116.6117.0117.6117.9119.2119.4119.9119.7120.2120.5120.5120.5120.7121.0121.3121.1120.3119.8119.7120.1119.7

Motorfuel4

14.516.418.619.119.019.520.021221.822.122.823.823.423.724.424.124.324.224.125.125.626.426.827.627.928.128.431.242.245.147.049.751.870.197.4108.5102.899.497.998.777.180.280.988.579.778.377.579.481.481.482.384.183.181.681.580.379.680.381.592.196.696.094.491.088.888.987.285.8

Auto-mobilemainte-nanceand

repairs

15.817.118.118.618.920.420.822022.723.224.225.025.426.026.527.127.527.828.228.729.230.432.134.136.639.341.143.247.653.757.661.967.073.781.589.296.0100.3103.8106.8110.3114.8119.7124.9117.2117.7118.5118.8119.3119.7120.0120.3120.9121.1121.5121.5122.4123.3123.5123.8124.3124.5124.8125.4126.2126.7126.7126.9

Other

:::::::::::::::

37.939.241.645.248.648.948.450.253.561.867.269.975.284.391.497.798.8103.5109.0115.1120.8127.9135.8124.7125.0124.9125.0126.3127.2127.5128.7129.3131.0132.1132.5133.5134.3134.5134.7135.6135.9135.6135.7135.7137.1138.2139.0

Publictranspor-tation

9.49.911.212.413.414.815.816.818.018.519.219.920.921.522.223.224.024.324.725.226.127.428.730.935.237.839.339.740.643.547.850.051.554.969.085.694.999.5105.7110.5117.0121.1123.3129.5121.8120.8121.4122.4122.4123.2123.7123.7124.0124.2125.3126.5127.5128.1128.2128.4128.9129.6129.7130.1130.1130.6131.3131.7

Medical care

Total

12.513.514.414.815.115.916.717.317.818.218.919.720.621.522.322.923.524.124.625.226.328.229.931.934.036.137.338.842.447.552.057.061.867.574.982.992.5100.6106.8113.5122.0130.1138.6149.3134.4135.5136.3136.9137.5138.2139.3139.9140.4141.2141.8142.3143.8145.2146.1146.8147.5148.5149.7150.7151.7152.7153.9154.4

Medicalcarecom-

modities

34.236.738.639.239.740.841.241.542.042.543.444.646.146.846.946.345.645.245.145.045.144.945.045.446.547.347.447.549.253.356.560.264.469.075.483.792.3100.2107.5115.2122.8131.0139.9150.8135.4136.1137.0138.1139.0139.4140.5141.1142.0143.2143.3144.2145.0145.8147.2148.4150.0151.0151.4152.1153.3154.1155.3156.0

Medicalcare

services

10.411.312.112.512.813.414.314.815.315.716.317.017.918.719.520.220.921.522.022.723.926.027.930.232.334.735.937.541.446.651.356.461.267.274.882.892.6100.7106.7113.2121.9130.0138.3148.9134.1135.3

• 136.1136.6137.2137.9139.0139.6140.1140.8141.5141.9143.5145.1145.9146.4146.9147.9149.3150.4151.3152.3153.6154.1

3 Includes direct pricing of new trucks and motorcycles beginning September 1982.4 Includes direct pricing of diesel fuel and gasohol beginning September 1981.5 Not available.Note.—Data beginning 1978 are for all urban consumers; earlier data are for urban wage earners and clerical workers.See also Note, Table C-58.Source: Department of Labor, Bureau of Labor Statistics.


TABLE C-60.—Consumer price indexes, commodities, services, and special groups, 1946-89

[1982-84=100]

Year ormonth

194619471948194919501951195219531954195519561957195819591960196119621963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891988: Jan

FebMar....

fcJune-July....Aug....Sept...OctNov....Dec....

1989: JanFebMar...Apr....May...June..July...Aug...Sept..OctNov....Dec....

Allitems

19.522.324.123.824.126.026.526.726.926.827.228.128.929.129.629.930.230.631.031.532.433.434.836.738.840.541.844.449.353.856.960.665.272.682.490.996.599.6

103.9107.6109.6113.6118.3124.0115.7116.0116.5117.1117.5118.0118.5119.0119.8120.2120.3120.5121.1121.6122.3123.1123.8124.1124.4124.6125.0125.6125.9126.1

Commodities

Allcom-

modities

22.927.629.628.829.031.632.031.931.631.331.632.633.333.333.633.834.134.434.835.236.136.838.139.941.743.244.547.853.558.260.764.268.876.686.093.297.099.8

103.2105.4104.4107.7111.5116.7109.2109.1109.8110.7111.1111.1111.5111.9113.0113.5113.5113.5113.9114.3115.2116.7117.5117.2117.0116.7117.3118.1118.3118.2

Food

19.824.126.125.025.428.228.728.328.227.828.028.930.229.730.030.430.631.131.532.233.834.135.337.139.240.442.148.255.159.861.665.572.079.986.893.697.499.4

103.2105.6109.0113.5118.2125.1115.7115.7115.9116.6117.0117.6118.8119.4120.2120.3120.2120.7122.21229123.5124.2124.9125.0125.5125.8126.1126.5126.9127.4

Commodities less food

AH

26.329.731.931.531.433.834.134.233.833.633.934.935.335.836.036.136.336.636.937.237.738.640.041.743.445.146.147.752.857.660.563.867.575.385.793.196.9

100.0103.1105.2101.7104.3107.7112.0105.5105.4106.3107.3107.6107.4107.4107.7108.9109.5109.7109.4109.2109.5110.5112.5113.2112.8112.1111.6112.4113.4113.4113.0

Durable

29.231.734.034.534.937.538.037.736.836.136.137.237.838.438.138.138.538.639.038.838.939.440.742.244.146.046.948.151.557.460.964.468.675.483.089.695.199.8

105.1106.8106.6108.2110.4112.2109.4109.4109.5109.7109.9110.2110.3110.3110.6111.1111.8112.2112.5112.4111.9111.8111.9112.1111.9111.4111.3112.1113.0113.5

Non-durable

23.627.129.228.728.630.831.031.231.431.432.032.933.133.534.134.334.534.835.135.636.437.639.140.942.544.045.046.952.957.059.562.565.574.688.496.798.3

100.0101.7104.198.5

101.8105.8111.7102.8102.7104.1105.6106.0105.5105.4105.9107.7108.3108.2107.5107.1107.6109.4112.8113.9113.1112.2111.5112.9114.1113.6112.6

Services

Allservices

14.114.715.616.416.917.818.619.420.020.420.921.822.623.324.124.525.025.526.026.627.628.830.332.435.037.038.440.143.848.052.056.060.867.577.988.196.099.4

104.6109.9115.4120.2125.7131.9122.9123.4123.8124.1124.6125.5126.1126.7127.3127.6127.8128.1128.9129.4130.0130.2130.8131.6132.5133.1133.4133.7134.1134.6

Medi-cal

careserv-ices

10.411.312.112.512.813.414.314.815.315.716.317.017.918.719.520.220.921.522.022.723.926.027.930.232.334.735.937.541.446.651.356.461.267.274.882.892.6

100.7106.7113.2121.9130.0138.3148.9134.1135.3136.1136.6137.2137.9139.0139.6140.1140.8141.5141.9143.5145.1145.9146.4146.9147.9149.3150.4151.3152.3153.6154.1

Serv-icesless

medi-cal

care

22.823.624.225.025.425.926.326.827.428.329.330.832.935.637.538.940.644.348.352.255.960.767.578.288.796.499.2

104.4109.6114.6119.1124.3130.1121.7122.1122.4122.8123.2124.1124.7125.3125.9126.2126.3126.6127.3127.8128.3128.5129.1129.9130.8131.3131.6131.8132.1132.6

Special indexes

Allitemslessfood

19.821.723.323.523.825.325.926.426.626.627.128.028.629.229.730.030.330.731.131.632.333.434.936.839.040.842.043.748.052.556.059.663.971.281.590.496.399.7

104.0108.0109.8113.6118.3123.7115.7116.0116.6117.2117.6118.1118.4118.9119.7120.2120.3120.4120.8121.3122.0122.9123.5123.9124.2124.3124.8125.4125.6125.8

Allitemsless

energy

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

104.3108.4112.6117.2122.3128.1119.7120.0120.6121.2121.5121.8122.3122.8123.8124.4124.7124.8125.5126.0126.7127.1127.6127.7128.2128.5129.1129.9130.4130.6

Allitemslessfoodand

ener-gy

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

104.6109.1113.5118.2123.4129.0120.8121.1121.9122.4122.7123.0123.3123.8124.7125.5125.8126.0126.4126.9127.6128.0128.3128.5129.0129.3130.0130.9131.3131.5

Ener-gy1

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

100.9101.688.288.689.394.387.487.086.587.388.791.091.492.391.989.988.988.789.089.389.894.997.499.098.597.095.094.693.293.2

1 Household fuels—gas (piped), electricity, fuel oil, etc.—and motor fuel. Motor oil, coolant, etc. also included through 1982.Note.—Data beginning 1978 are for all urban consumers; earlier data are for urban wage earners and clerical workers.See also Note, Table C-58.Source: Department of Labor, Bureau of Labor Statistics.


TABLE C-61.—Changes in special consumer price indexes, 1958-89

[Percent change]

Year or month

19581959I9601961196219631964

19651966196719681969197019711972197319741975 . .19761977197819791980198119821983198419851986198719881989

1988: JanFebMar

May """June




All items

Dec.to

Dec.1

1.81.7

1.4

L31.61.0

1.93.53.04.76.2

5.63.33.48.7

12.36.94.96.79.0

13.3

12.58.93.83.83.9

3.81.14.44.44.6

Yearto

year

2.8.7

1.71.01.01.31.3

1.62.93.14.25.55.74.43.26.2

11.0

9.15.86.57.6

11.3

13.510.36.23.24.33.61.93.64.14.8

All items lessfood

Dec.to

Dec.1

1.82.1

1.01.31.01.61.0

1.63.53.35.05.6

6.63.02.95.6

12.2

7.36.16.48.3

14.013.09.84.14.13.94.1

.54.64.24.5

Yearto

year

2.12.1

1.71.01.01.31.3

1.62.23.44.55.4

6.04.62.94.09.89.46.76.47.2

11.4

14.510.96.53.54.3

3.81.73.54.14.6

All items lessenergy

Dec.to

Dec.1

2.11.3

1.3.7

1.31.91.3

1.93.43.24.96.55.43.43.58.2

11.7

6.64.86.79.1

11.111.78.54.24.54.4

4.03.84.14.74.6

Yearto

year

2.8.7

1.71.01.31.31.6

1.63.12.74.45.8

6.14.23.36.29.8

8.95.66.47.8

10.0

11.610.06.73.64.7

3.93.94.14.44.7

All items less foodand energy

Dec.to

Dec.1

1.72.0

1.01.31.31.61.2

1.53.33.85.16.2

6.63.13.04.7

11.16.76.16.58.5

11.3

12.29.54.54.84.7

4.33.84.24.74.4

Yearto

year

2.42.0

1.31.31.31.31.61.22.43.64.65.8

6.34.73.03.68.39.16.56.37.49.8

12.410.47.44.05.0

4.34.04.14.44.5

All items less food,shelter, and energy

Dec.to

Dec.1

4.65.15.83.12.73.5

11.36.46.95.36.47.3

9.89.46.15.04.33.73.33.84.74.1

Yearto

year

4.74.7

5.24.92.42.97.7

8.97.16.05.66.9

8.89.67.75.25.03.83.43.84.24.4

Change from preceding period

Unad-justed

0.3.3.4.5.3.4.4.4.7.3.1.2.5.4.6.7.6.2

.2

.2

.3

.5

.2

.2

Sea-sonally

ad-justed

0.4.2.3.4.4.3.4.3.4.4.3.3.6.4.5.7.6.2

.20

.2

.5

.4

.4

Unad-justed

0.2.3.5.5.3.4

.3

.4

.7

.4

.1

.1

.3

.4

.6

.7

.5

.3

.2

.1

.4

.5

.2

.2

Sea-sonally

ad-justed

0.4.3.4.4.3.3.3.3.3.4.3.3.5.4.5.7.6.1

.3-.1

.2

.5

.4

.3

Unad-justed

0.4

'.5.5.2.2.4.4.8

'.2.1.6.4.6.3.4.1

.4

.2

.5

.6

.4

.2

Sea-sonally

ad-justed

0.5.2.5.4.4.3.4.3.5.4.3.4

.6,4.5.2.5.2.4.2.2.5.4.4

Unad-justed

0.3.2.7.4.2.2.2.4.7.6.2.2

.3

.4

.6

.3

.2

.2

.4

.2

.5

.7

.3

.2

Sea-sonally

ad-justed

0.5.3.5.4.3.3.3.2.5.5.3.4

.5

.4

.4

.2

.5

.2

.4

.2

.2

.5

.4

.4

Unad-justed

0.1.3.8.6.2.1.1.2

1.1.8.2.1

.3

.4

.5

.4

.200

.2

.9

.7

.40

Sea-sonally

ad-justed

0.4.3.5.5.4.2.3.2.5.7.3.3

.6

.3

.4

.2

.5

.2

.2

.1

.4

.5

.4

.3

1 Changes from December to December are based on unadjusted indexes.

Note.—Data beginning 1978 are for all urban consumers; earlier data are for urban wage earners and clerical workers.See also Note, Table C-58.



TABLE C-62.—Changes in consumer price indexes, commodities and services, 1929-89

[Percent change]

Year

19291933193919401941194219431944194519461947194819491950195119521953195419551956195719581959196019611962196319641965 .196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989

All items

Dec.to

Dec.1

0.68

0.7

9.99.03.02.32.2

18.18.83.0

-2.15.96.0.8.7

-.7.4

302.91.81.71.4.7

1.31.61.0193.5304.76.25.63.33.48.7

12.36.94.96.79.0

13.312.58.93.83.83.93.81.14.44.44.6

Yearto

year

0-51-1.4

.75.0

10.96.11.72.38.3

14.48.1

-1.21.37.91.9.8

-.4153.32.8

1.71.01.01.31.31.62.93.14.25.55.74.43.26.2

11.09.15.86.57.6

11.313.510.36.23.24.33.61.93.64.14.8

Commodities

Total

Dec.to

Dec.1

-0.71.4

13.312.94.22.02.9

24.810.31.7417.85.9-.9

16-.3262.81.2.6

1.20

.91.5.9

1.42.52.54.05.43.92.83.4

10.412.86.23.36.18.8

13.011.06.03.62.92.72.5

-2.04.63.84.1

Yearto

year

20.7

6.714.59.31.03.0

10.620.57.2

-2.7.7

9.01.3

-!9-.9103.22.10

.9

.6

.9

.91.21.12.61.93.54.74.53.63.07.4

11.98.84.35.87.2

11.312.38.44.12.93.42.1-.93.23.54.7

Food

Dec.to

Dec.1

2.56.9252.5

15.717.93.003.5

31.311.3

.8-3.9

9.87.1

-1.011

-1.8-.7292.82.4

-1.03.1

L32.01.33.54.01.24.47.02.34.34.6

20.312.06.6.5

8.111.810.210.24.33.12.73.82.63.83.55.25.6

Yearto

year

1.2-2.8

251.79.2

17.611.0

-1.22.4

14.521.78.3

-4.21.6

11.01.814

-.4-1.4

73.24.5

-1.71.01.3.7

1.61.32.25.0

.93.55.15.73.14.2

14.514.38.53.06.39.9

11.08.67.84.12.13.82.33.24.14.15.8

Commoditiesless food

Dec.to

Dec.1

0.5.5

10.76.35.54.73.3

12.79.25.2

-4.65.54.9-.6

.3-1.5

0272.0.8

1.4-.3

.8

.61.4.3.8

1.93.13.64.74.72.22.64.9

13.26.15.14.87.7

14.311.56.73.83.12.12.4

-5.35.13.23.3

Yearto

year

-1.6.5

5.410.84.65.34.26.0

12.97.4

-1.3-.37.6

.9

.3-1.2-.6

92.91.11.4.6

!e.8.8.8

1.32.43.64.34.13.92.23.5

10.79.15.05.55.8

11.613.88.64.13.23.12.0

-3.32.63.34.0

Services

Total

Dec.to

Dec.1

0.8

2.42.32.32.2

.73.65.65.93.73.65.24.44.22.02.0344.22.73.92.52.11.62.41.62.74.84.35.87.78.14.13.46.2

11.48.27.28.09.3

13.614.213.04.34.85.45.14.54.34.85.1

Yearto

year

0.8.8

3.12.32.21.51.44.36.15.13.05.34.54.33.12.0254.33.73.13.41.72.02.02.02.33.84.35.26.98.05.73.84.49.29.68.37.78.6

11.015.413.19.03.55.25.15.04.24.64.9

Medical careservices

Dec.to

Dec.1

1.201.23.55.63.23.19.06.46.91.64.05.35.83.42.63.2384.84.64.93.73.52.92.82.33.68.38.07.17.38.15.43.76.0

13.210.310.89.09.3

1C.510.112.611.26.25.86.87.95.66.98.6

Yearto

year

1.2003.54.54.33.15.18.77.13.32.44.76.73.53.42.6384.35.34.54.33.63.52.92.33.25.38.87.38.27.07.43.54.5

10.412.610.19.98.59.8

11.310.711.88.76.06.17.76.66.47.7

Energy 2

Dec.to

Dec.1

-0.94.71.3

-1.32.2-.901.81.71.71.72.94.83.12.6

17.021.611.47.17.27.9

37.518.011.91.3

-.5.2

1.8-19.7

8.2.5

5.1

Yearto

year

01.92.3

!40

-.41.81.72.11.72.52.83.92.68.1

29.610.57.19.56.3

25.130.913.61.5.7

1.0.7

-13.2.5.8

5.6

1 Changes from December to December are based on unadjusted indexes.2 Household fuels—gas (piped) electricity, fuel oil, etc.—and motor fuel. Motor oil, coolant, etc. also included through 1982.Note.—Data beginning 1978 are for all urban consumers; earlier data are for urban wage earners and clerical workers.See also Note, Table C-58.Source: Department of Labor, Bureau of Labor Statistics.


TABLE C-63.—Producer price indexes by stage of processing, 1947-89

[1982=100]

Year or month

1947194819491950195119521953195419551956195719581959196019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989 l


1989- JanFebMarAprMayJuneJulyAue lSeptod :"':::NovDec

Finished goods

Totalfinishedgoods

26.428.527.728.230.830.630.330.430.531.332.533.233.133.433.433.533.433.534.135.235.636.638.039.340.541.845.652.658.260.864.769.877.688.096.1100.0101.6103.7104.7103.2105.4108.0113.5106.3106.1106.3107.0107.5107.7108.6108.7108.6109.4109.8110.0

111.1111.7112.1113.0114.2114.3114.1113.4113.5114.8114.8115.3

Consumer foods

Total

31.934.932.132.736.736.434.534.233.433.334.436.534.835.535.435.735.335.436.839.238.540.042.443.844.546.956.564.469.869.673.379.987.392.497.8100.0101.0105.4104.6107.3109.5112.6118.7110.5109.4110.1110.3111.2112.3113.6113.6115.1114.6114.9115.1

116.7117.2118.3117.7119.1118.6119.0118.7118.5119.5120.2120.9

Crude

39.342.440.136.541.944.641.637.539.139.138.541.037.339.838.038.437.838.939.041.539.642.545.946.045.848.063.671.671.776.779.585.892.393.9104.4100.0102.4111.4102.9105.6107.1109.8119.9115.3101.0103.4101.4100.8101.4111.1111.1118.6115.8120.1117.5

119.6123.8128.3119.6128.9119.0119.0113.0109.5120.3117.5119.9

Proc-essed

31.134.031.132.436.235.433.634.032.732.734.136.134.735.235.335.635.235.236.839.238.840.042.343.944.747.255.863.970.369.072.779.486.892.397.2100.0100.9104.9104.8107.4109.6112.7118.6110.1110.0110.5110.9112.0113.0113.7113.7114.7114.4114.5114.9

116.4116.7117.5117.5118.3118.5119.0119.0119.1119.3120.3121.0

Finished goods excluding consumer foods

Total

35.035.936.938.239.640.442.048.854.758.162.266.774.686.795.6100.0101.8103.2104.6101.9104.0106.5111.8104.9105.0105.1105.9106.2106.1106.9107.1106.4107.7108.1108.3

109.2109.9110.0111.4112.6112.8112.4111.7111.9113.3113.0113.5

Consumer goods

Total

27.429.228.629.031.130.731.031.131.332.132.932.933.333.533.433.433.433.333.634.134.735.536.337.438.739.441.248.253.256.560.664.973.587.196.1100.0101.2102.2103.398.5100.7103.1108.9101.5101.5101.5102.6103.0102.8103.8103.9103.0104.1104.6104.8

105.8106.6106.8108.8110.3110.4109.8108.5109.0110.3109.8110.4

Durable

32.935.236.136.538.939.239.539.840.241.642.843.443.943.843.643.443.143.343.243.444.145.145.947.248.950.050.955.561.063.767.473.680.891.096.4100.0102.8104.5106.5108.9111.5113.8117.6112.6112.8112.6112.8113.1113.2113.6113.8112.8116.4116.1116.1

116.6117.0116.6116.4117.1117.5116.9117.0116.7120.1119.7119.8

Non-durable

24.225.724.725.127.026.326.626.726.827.327.927.828.228.428.428.428.528.428.829.330.030.631.532.533.534.136.144.048.952.456.860.069.385.195.8100.0100.5101.1101.793.394.997.3103.895.595.595.697.097.497.198.398.497.697.798.498.7

100.0100.9101.3104.2106.0106.0105.3103.5104.4104.8104.2105.1

Capitalequipment

19.821.622.723.225.525.926.326.727.429.531.332.132.732.832.933.033.133.433.834.635.837.038.340.141.742.844.250.558.262.166.171.377.585.894.6100.0102.8105.2107.5109.7111.7114.3118.7112.9113.2113.2113.6113.8113.9114.2114.5114.3116.0116.1116.4

117.1117.5117.5117.6118.3118.8118.7119.0118.8120.3120.6120.7

Totalfinishedconsumergoods

28.630.829.429.932.732.331.731.731.532.032.933.633.333.633.633.733.533.634.235.435.636.537.939.140.241.546.053.158.260.464.369.477.588.696.6100.0101.3103.3103.8101.4103.6106.2112.1104.5104.1104.4105.1105.7105.9107.0107.1107.0107.6108.0108.2

109.4110.1110.6111.8113.2113.1112.8111.9112.1113.3113.2113.9



TABLE C-63.—Producer price indexes by stage of processing, 1947-89—Continued

[1982=100]

Year or month

194719481949

1950195119521953195419551956195719581959

1960196119621963196419651966196719681969

1970197119721973197419751976197719781979

1980198119821983198419851986198719881989 l

1988: JanFebMar

fciJuneJulyAugSeptOctNovDec

1989- JanFebMar

JayZZ!JuneJulyAug *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

100.0100.6103.1102.799.1

101.5107.1112.0

104.2104.3104.7105.6106.3107.4

108.2108.4108.7108.6108.9109.4

110.6111.0111.5112.4112.7112.7

112.5112.0112.4112.3112.2112.0

Foodsand

feeds2

Z!"Z

...........

41.542.9

45.646.749.570.383.681.677.479.684.894.5

105.5104.6100.0103.6105.797.396.299.2

109.5113.8

102.9101.9102.0103.4104.8111.8

116.6114.5115.5114.7113.4113.0

115.6114.0115.2113.7114.2112.9

114.5113.1114.0112.4113.3113.0

Other

22.224.123.5

24.627.626.727.027.228.029.330.130.130.5

30.730.330.230.130.330.731.331.732.533.6

34.836.237.740.650.556.660.064.168.677.4

89.498.2

100.0100.5103.0103.099.3

101.7106.9111.9

104.2104.4104.8105.7106.4107.2

107.8108.1108.3108.3108.7109.2

110.4110.8111.4112.3112.6112.7

112.4112.0112.3112.3112.1112.0

Materials andcomponents

Formanufac-

turing

24.926.825.7

26.930.529.329.729.830.532.032.732.833.3

33.332.932.732.733.133.634.334.535.336.5

38.038.940.444.156.061.764.067.472.080.9

91.798.7

100.0101.2104.1103.3102.2105.3113.2118.2

109.5109.9110.5111.6112.3112.9

114.0114.3114.9115.5116.2116.8

118.0118.3118.7118.9118.9118.4

118.1117.7117.8117.9117.9117.3

Forcon-

struction

22.524.924.9

26.228.728.529.029.130.331.832.032.032.9

32.732.232.132.232.532.833.634.035.737.7

38.340.843.046.555.060.164.169.376.584.2

91.397.9

100.0102.8105.6107.3108.1109.8116.1121.2

113.6113.8114.4115.0115.4115.8

116.5116.7117.1117.5118.1118.7

119.4119.9120.5121.1121.5121.5

121.6121.6121.8122.2121.9121.5

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

85.0100.6100.095.495.792.872.773.371.276.5

70.770.269.670.571.573.9

73.673.572.669.769.069.8

71.672.173.276.778.179.3

78.777.378.677.877.078.1

Con-tainers

23.424.424.5

25.229.628.028.028.528.931.032.433.233.0

33.433.233.633.232.933.534.535.035.937.2

39.040.842.745.253.360.063.165.971.079.4

89.196.7

100.0100.4105.9109.0110.3114.5120.1125.5

116.6116.9117.4118.4119.5120.0

120.5121.3122.3122.4122.6122.7

123.1123.9124.4125.1125.3125.6

126.0126.0126.5126.9126.7126.9

Supplies

28.529.828.0

29.032.632.631.031.731.232.032.333.133.5

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

110.5110.6111.1111.7112.3113.8

115.2115.1115.6116.0116.2116.2

117.2117.4118.0118.0118.2118.1

118.5118.3118.4118.3118.3118.3

Crude materials for further processing

Total

31.734.730.1

32.737.634.531.931.630.430.631.231.931.1

30.430.230.529.929.631.133.131.331.833.9

35.236.039.954.561.461.663.465.573.485.9

95.3103.0100.0101.3103.595.887.793.796.0

103.0

93.794.794.195.697.297.9

97.396.996.795.994.597.3

101.4101.2103.2104.4106.1104.1

103.9101.1102.0101.8102.3104.0

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

45.246.151.572.676.477.476.877.587.3

100.0

104.6103.9100.0101.8104.794.893.296.2

106.1111.1

97.299.799.8

101.1104.7108.6

110.1110.4112.0111.9108.0109.5

112.5111.0113.7111.6114.9111.7

110.1110.0108.3107.2109.4112.3

Other

Total

21.121.622.5

23.824.727.034.344.143.748.251.757.569.6

84.6101.8100.0100.7102.296.981.687.985.593.4

87.387.486.488.088.287.0

85.184.483.081.982.085.4

90.090.792.295.396.094.7

95.491.193.593.993.494.2

Fuel

7.58.98.8

8.89.09.09.38.98.99.5

10.110.210.4

10.510.510.410.510.510.610.911.311.512.0

13.815.716.818.624.830.634.542.048.257.3

69.484.8

100.0105.1105.1102.792.284.182.185.3

83.582.682.884.582.280.1

81.780.080.382.982.083.0

85.686.783.884.886.386.1

86.683.685.684.184.585.4

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

87.988.586.988.489.888.9

85.585.283.280.581.085.5

90.991.394.698.799.097.3

98.193.395.897.096.196.9

1 Data have been revised through August 1989 to reflect the availability of late reports and corrections by respondents. All data aresubject to revision 4 months after original publication.2 Intermediate materials for food manufacturing and feeds.



TABLE C-64.—Producer price indexes by stage of processing, special groups, 1974-89

[1982=100]

Year or month

1974

19751976197719781979

19801981198219831984

19851986198719881989 2

1988- JanFebMar

fciJune

JulyAugSeftOctNovDec


JulyAug 2

SeptOctNovDec

Finished goods

Total

52.6

58.260.864.769.877.6

88.096.1

100.0101.6103.7

104.7103.2105.4108.0113.5

106.3106.1106.3107.0107.5107.7

108.6108.7108.6109.4109.8110.0

111.1111.7112.1113.0114.2114.3

114.1113.4113.5114.8114.8115.3

Foods

64.4

69.869.673.379.987.3

92.497.8

100.0101.0105.4

104.6107.3109.5112.6118.7

110.5109.4110.1110.3111.2112.3

113.6113.6115.1114.6114.9115.1

116.7117.2118.3117.7119.1118.6

119.0118.7118.5119.5120.2120.9

Ener-gy

26.2

30.734.339.742.357.1

85.2101.5100.095.291.2

87.663.061.859.865.7

59.258.558.260.961.660.3

61.361.158.858.760.059.2

60.861.862.368.471.870.2

68.463.665.765.764.564.9

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

115.2115.5115.7115.9116.2116.4

117.1117.4117.2118.8118.9119.4

120.1120.7120.7120.8121.4122.1

122.1122.4122.2123.9123.9124.4

Cap-ital

equip-ment

50.5

58.262.166.171.377.5

85.894.6

100.0102.8105.2

107.5109.7111.7114.3118.7

112.9113.2113.2113.6113.8113.9

114.2114.5114.3116.0116.1116.4

117.1117.5117.5117.6118.3118.8

118.7119.0118.8120.3120.6120.7

Con-sumergoodsexclud-

ingfoodsand

energy

55.5

60.663.767.372.278.8

87.894.6

100.0103.1105.7

108.4111.1114.2118.5124.0

116.5116.8117.1117.3117.6117.9

118.8119.1118.9120.5120.6121.2

121.9122.6122.6122.7123.3124.1

124.1124.5124.2126.0125.9126.6

Intermediate materials, supplies,and components

Total

52.5

58.060.964.969.578.4

90.398.6

100.0100.6103.1

102.799.1

101.5107.1112.0

104.2104.3104.7105.6106.3107.4

108.2108.4108.7108.6108.9109.4

110.6111.0111.5112.4112.7112.7

112.5112.0112.4112.3112.2112.0

Foodsand

feeds1

83.6

81.677.479.684.894.5

105.5104.6100.0103.6105.7

97.396.299.2

109.5113.8

102.9101.9102.0103.4104.8111.8

116.6114,5115.5114.7113.4113.0

115.6114.0115.2113.7114.2112.9

114.5113.1114.0112.4113.3113.0

Ener-gy

33.1

38.741.546.849.161.1

84.9100.5100.095.395.5

92.672.673.070.976.2

70.570.069.370.271.273.5

73.373.172.369.468.769.5

71.271.872.976.477.778.9

78.376.978.277.476.777.7

Other

54.0

60.263.867.672.580.7

90.397.7

100.0101.6104.7

105.2104.9107.8115.2120.2

111.8112.2112.9113.8114.4114.9

115.7116.1116.7117.3118.0118.6

119.6119.9120.3120.7120.8120.5

120.2120.0120.1120.3120.1119.7

Crude materials for furtherprocessing

Total

61.4

61.663.465.573.485.9

95.3103.0100.0101.3103.5

95.887.793.796.0

103.0

93.794.794.195.697.297.9

97.396.996.795.994.597.3

101.4101.2103.2104.4106.1104.1

103.9101.1102.0101.8102.3104.0

Food-stuffsand

feed-stuffs

76.4

77.476.877.587.3

100.0

104.6103.9100.0101.8104.7

94.893.296.2

106.1111.1

97.299.799.8

101.1104.7108.6

110.1110.4112.0111.9108.0109.5

112.5111.0113.7111.6114.9111.7

110.1110.0108.3107.2109.4112.3

Ener-gy

27.8

33.335.340.445.254.9

73.197.7

100.098.798.0

93.371.875.067.775.9

70.870.468.770.671.470.0

67.366.164.763.362.966.6

71.272.073.577.378.377.5

78.973.576.276.676.878.5

Other

83.3

69.380.279.887.8

106.2

113.1111.7100.0105.3111.7

104.9103.1115.7133.0137.8

129.2131.6133.4133.1131.3131.2

132.9133.9133.4133.4135.6136.9

140.3140.3141.3141.2140.3137.9

135.5136.6137.2137.4134.3131.7

1 Intermediate materials for food manufacturing and feeds.2 Data have been revised through August 1989 to reflect the availability of late reports and corrections by respondents. All data aresubject to revision 4 months after original publication.



TABLE C-65.—Producer price indexes for major commodity groups, 1947-89

[1982=100]

Year or month

194719481949195019511952 .1953195419551956195719581959I96019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989 2

1988- JanFebMarAorMWJune

JulvAug"":::: :: ::::::: ::...Septoc? ::::::::.NovDec


JulyAug 2

SeptOctNovDec

Farm products and processedfoods and feeds

Total

37.940.836.037.743.041.338.638.536.636.437.739.437.637.737.738.137.737.539.041.640.241.143.444.945.849.263.971.374.073.675.983.092.398.3

101.1100.0102.0105.5100.7101.2103.7110.0115.3

105.3105.3105.8106.4108.1111.2

112.9112.7114.0113.5112.4112.9

115.0114.6116.1115.0116.8115.4

115.5115.0114.4114.3115.4116.5

Farmproducts

45.148.541.944.051.248.443.843.240.540.041.142.940.240.139.740.439.639.040.743.741.342.345.045.846.651.672.777.477.078.879.487.799.6

102.9105.2100.0102.4105.595.192.995.5

104.9110.7

97.397.998.299.2

102.2106.8

109.1109.3111.6110.9107.9108.9

112.0110.8113.8111.0115.1111.8

110.5109.3107.3106.9108.5111.1

Processedfoods and

feeds

33.035.332.133.236.936.434.835.433.833.834.836.535.635.636.236.536.836.738.040.239.840.642.744.645.548.058.968.072.670.874.080.688.595.998.9

100.0101.8105.4103.5105.4107.9112.7117.8

109.3109.1109.6110.1111.2113.5

115.0114.5115.4115.0114.8115.0

116.6116.6117.5117.2117.9117.4

118.1117.9118.1118.1119.0119.3

Industrial commodities/

Total

22.724.624.125.027.626.927.227.227.829.129.930.030.530.530.430.430.330.530.931.532.032.833.935.236.537.840.349.254.958.462.567.075.788.097.4

100.0101.1103.3103.7100.0102.6106.3111.6

104.4104.6104.7105.6106.1106.4

106.8107.0106.8107.1107.5108.1

109.6110.1110.5111.8112.4112.4

112.2111.4111.9112.4112.2112.3

Textileproducts

andapparel

50.652.848.350.256.050.549.348.248.248.248.347.448.148.647.848.248.248.548.848.948.950.751.852.453.355.560.568.067.472.475.378.182.589.797.6

100.0100.3102.7102.9103.2105.1109.2112.3

107.6108.1108.4108.7108.9109.3

109.5109.6109.8110.0110.2110.5

111.0111.3111.2111.6111.8112.2

112.6112.9113.0113.2113.5113.6

Hides,skins,

leather,and

relatedproducts

31.732.130.432.937.730.531.029.529.431.231.231.635.934.634.935.334.334.435.939.438.139.341.542.043.450.054.555.256.563.968.376.196.194.799.3

100.0103.2109.0108.9113.0120.4131.4136.3

128.4129.1132.6134.2134.6131.2

130.1131.6132.5131.9130.4130.1

131.2133.2136.8136.1134.8135.2

136.9137.2137.9138.4138.2139.7

Fuels andrelated

products,and

power l

11.113.112.412.613.013.013.413.213.213.614.313.713.713.914.014.013.913.513.814.114.414.314.615.316.617.119.430.135.438.343.646.558.982.8

100.2100.095.994.891.469.870.266.772.9

67.266.765.967.668.468.6

68.067.666.164.564.465.6

68.168.969.974.276.075.8

75.572.073.973.773.074.1

Chemicalsand alliedproducts *

32.132.830.030.434.833.033.433.833.733.934.634.934.834.834.533.933.533.633.934.034.234.134.235.035.635.637.650.262.064.065.968.076.089.098.4

100.0100.3102.9103.7102.6106.4116.3123.1

110.6111.6112.7113.8114.6115.3

117.4118.2119.1119.9121.1121.7

123.7124.3124.5124.9124.9124.1

123.1121.9121.8121.5121.4120.9

1 Prices for some items in this grouping are lagged and refer to 1 month earlier than the index month.See next page for continuation of table.


TABLE C-65.—Producer price indexes for major commodity groups, 1947-89—Continued

[1982=100]

Year or month

19471948194919501951195219531954195519561957195819591960196119621963196419651966196719681969197019711972197319741975197619771978197919801981198219831984 .. ..19851986198719881989 2


JulyAugSentOctNovDec


JulyAuc 2 . .Sept.:OctNovDec

Industrial commodities— Continued

Rubberand

plasticproducts

29.230.229.235.643.739.636.937.542.443.042.842.842.642.741.139.940.139.639.740.541.442.843.644.945.245.346.656.462.266.069.472.480.590.196.4

100.0100.8102.3101.9101.9103.0109.3112.6

106.2106.9107.7108.2108.8109.1

109.8110.6111.0111.1111.2111.3

111.9112.2112.7113.0113.0112.8

112.8112.6112.4112.4112.5112.5

Lumberand

woodproducts

25.829.527.331.434.133.233.132.534.134.632.832.534.733.532.032.232.833.533.735.235.139.844.039.944.750.762.264.562.172.283.096.9

105.5101.5102.8100.0107.9108.0106.6107.2112.8118.9126.7

117.8118.4118.9119.2119.1119.3

120.0118.8118.9118.7118.8119.0

120.1122.0123.2125.2126.5127.4

128.9129.0128.7130.7129.8128.3

Pulp,paper,

andallied

products

25.126.225.125.730.529.729.629.630.432.433.033.433.734.033.033.433.133.033.334.234.635.036.037.538.139.342.352.559.062.164.667.775.986.394.8

100.0103.3110.3113.3116.1121.8130.4137.8

126.6127.3128.0128.9129.6130.0

131.0131.3132.1132.8133.1133.5

135.1136.3136.9137.4137.8137.9

138.0138.4138.5139.1139.2139.3

Metalsand

metalproducts

18.220.720.922.024.524.525.325.527.229.630.230.030.630.630.530.230.331.132.032.833.234.036.038.739.440.944.057.061.565.069.375.386.095.099.6

100.0101.8104.8104.4103.2107.1118.7124.1

114.4114.7115.4116.9117.4118.0

119.2119.8120.2121.4122.8124.0

125.3125.1125.6125.6125.2124.0

123.0123.0123.5123.8122.9121.6

Machineryand

equipment

19.320.921.922.625.325.325.926.327.229.331.432.132.833.033.033.033.133.333.734.735.937.038.240.041.442.343.750.057.961.365.270.376.786.094.4

100.0102.7105.1107.2108.8110.4113.2117.4

111.9112.2112.3112.5112.9112.9

113.2113.6113.9114.2114.5114.8

115.6116.0116.3116.5116.9117.3

117.8118.0118.1118.3118.6118.9

Furnitureand

householddurables

37.239.440.140.944.443.544.444.945.146.347.547.948.047.847.547.246.947.146.847.448.349.750.751.953.153.855.761.867.570.373.277.582.890.795.9

100.0103.4105.7107.1108.2109.9113.1116.9

111.6111.9112.3112.5112.8112.7

113.1113.4113.7113.9114.3114.5

115.0115.3115.7116.2116.5117.0

117.5117.9118.0118.0118.0118.2

Non-metallicmineral

products

20.722.423.023.525.025.026.026.627.328.529.629.930.330.430.530.530.330.430.430.731.232.433.635.338.239.440.747.854.458.262.669.677.688.496.7

100.0101.6105.4108.6110.0110.0111.2112.6

110.8110.9110.9111.0111.2111.3

111.1111.1111.3111.4111.5111.7

111.8111.8112.0112.6112.7112.8

112.8112.8112.9112.9113.1113.1

Transportationequipment

Total

40.441.944.245.546.150.356.760.564.669.575.382.994.3

100.0102.8105.2107.9110.5112.5114.3117.7

113.2113.2113.1113.5113.7114.0

113.9114.0113.2116.6116.3116.3

116.8117.1116.8116.4117.2117.6

116.9117.1116.6119.9119.9119.8

Motorvehicles

andequip-ment

25.528.230.130.031.633.433.333.434.336.337.939.039.939.339.239.238.939.139.239.239.840.941.743.345.747.047.451.457.661.265.270.075.883.194.6

100.0102.2104.1106.4109.1111.7113.1116.1

112.0111.9111.8112.0112.3112.4

112.6112.8110.9116.9116.1116.0

116.2116.5115.5114.8115.6115.9

114.5114.5113.7119.4118.6118.4

Miscella-neous

products

26.627.728.228.630.330.231.031.331.331.732.633.333.433.633.733.934.234.434.735.336.237.038.139.840.841.543.348.153.455.659.466.775.593.696.1

100.0104.8107.0109.4111.6114.9120.2126.5

118.7119.2119.1119.4119.4119.4

120.9120.7120.7121.1121.2122.6

124.0124.2124.5124.6125.2126.7

127.2127.4127.7128.1128.2129.8

2 Data have been revised through August 1989 to reflect the availability of late reports and corrections by respondents. All data aresubject to revision 4 months after original publication.



TABLE C-66.—Changes in producer price indexes for finished goods, 1955-89

[Percent change]

Year or month

195519561957195819591960196119621963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819892 . ..

1988: JanFebMar

May";; ;;;;June


1989: JanFebMarAprMay......JuneJulyAug 2

SeptOctNovDec

Totalfinishedgoods

Dec. toDec.1

1.04.23.4

-.31.8

-.6.3

_ 3.6

3.32.01.73.14.92.13.33.9

11.718.36.63.86.79.3

12.811.87.13.6

.61.71.8

-2.32.24.04.8

Yearto year

0.32.63.82.2-.3

.90

.3_ 3

.31.83.21.12.83.83.43.13.29.1

15.410.64.56.47.9

11.213.49.24.11.62.11.0

-1.42.12.55.1

Finishedconsumer

foods

Dec. toDec.1

-3.03.75.1

.6-3.7

5.3-1.9

.6-1.4

.69.11.3

-.34.68.1

-2.35.87.9

22.712.85.6

-2.56.9

11.77.47.51.52.02.33.5

.62.8-.25.75.0

Yearto year

-2.3

l!36.1

-4.72.0

~'.B-1.1

.34.06.5

-1.83.96.03.31.65.4

20.514.08.4-.35.39.09.35.85.82.21.04.4-.82.62.12.85.4

Finished goods excluding consumer foods

Total

Dec. toDec.1

2.53.34.32.02.36.6

21.17.26.26.88.3

14.813.48.74.201.12.2

-4.03.23.24.8

Yearto year

2".62.83.53.72.04.0

16.212.16.27.17.2

11.816.210.34.61.81.41.4

-2.62.12.45.0

Consumergoods

Dec. toDec.1

1.62.51.5

;g.3

-.300.3.9

1.82.02.02.83.82.12.17.5

20.36.86.06.78.5

17.614.18.64.2-.9

.82.1

-6.64.13.15.3

Yearto year

0.62.62.501.2.6

~00

.91.51.82.32.33.03.51.84.6

17.010.46.27.37.1

13.318.510.34.11.21.01.1

-4.62.22.45.6

Capitalequipment

Dec. toDec.1

5.68.14.61.2.9.3

0

'.6.9

1.53.83.13.04.84.82.42.15.1

22.78.16.57.28.08.8

11.49.23.92.01.82.72.11.33.63.7

Yearto year

2.67.76.12.61.9.3.3.3.3.9

1.22.43.53.43.54.74.02.63.3

14.315.26.76.47.98.7

10.710.35.72.82.32.22.01.82.33.8

Finishedenergygoods

Dec. toDec.1

16.311.612.08.5

58.127.914.1-.1

-9.24.2-.2

-38.111.2

-3.69.6

Percent change from preceding month

Unad-justed

0.5-.2

.2

.7

.5

.2

.8

.1-.1

.7

.4

.21.0.5.4.8

1.1.1

-.2-.6

.11.10

.4

Sea-son-

Sjusted

0.70

.4

.3

.3

.2

.6

.3

.6

.1

.3

.41.1.9.4.4.9.1

-.5-.4

.8

.4-.1

.7

Unad-justed

1.5-1.0

.6

.2

.81.01.2.0

1.3-.4

.3

.21.4.4.9

-.51.2

-.4.3

-.3-.2

.8

.6

.6

Sea-son-

Sjusted

1.5-.4

.50.5.8.7.6.9.1.3.1

1.3.9.8

-.6.8

-.6-.1

.3

~IA.8.5

Unad-justed

0.1.1.8.3

-.1.8.2

-.71.2.4.2.8.6.1

1.31.1.2

-.4-.6

.21.3

~'A

Sea-son-allyad-

justed

0.3.3.2.4.2

0.5.3.4.1.3.5

1.0.7.4.8

1.0.2

-.5-.61.30-.3

.7

Unad-justed

-0.1001.1.4

-.21.0.1

_ 9n.5.2

1.0.8.2

1.91.4.1

-.5-1.2

.51.2_ 5;s

Sea-son-allyad-

justed

0.2.2.3

'.2-.2

.6

.2

.2

.1

.3

.61.21.0.4

1.41.0.1

-.9-1.0

1.5.3

-.6.9

Unad-justed

0.4.3

0.4.2.1.3

-.21.5.1.3.6

o'.1.6.4

-.1.3

-.21.3.2.1

Sea-son-

»justed

0.5.3.1.2.3.3.3.3.9

-.1.2.3.6.4.1

-.1.7.5

0.3.8

-.3.3.2

Unad-justed

-3.6-1.2_ 54^1.1

-2.11.7

-.3-3.8-.22.2

-1.32.71.6.8

9.85.0

-2.2-2.6-7.0

3.30

-1.8.6

Yearto year

17.211.715.76.5

35.049.219.1

-1.5-4.8-4.2-3.9

-28.1-1.9-3.2

9.9

Finished goodsexcluding foods

and energy

Dec. toDec.1

17.76.05.76.28.49.4

10.87.74.91.92.02.72.72.14.34.2

Yearto year

11.411.45.76.07.58.9

11.28.65.73.02.42.52.32.43.34.4

Sea-son-allyad-

justed

-1.5-.302.0

-2&1.2

-1.0-.80

.8-.54.92.41.47.02.9

-2.7-3.2-7.3

6.5.2

-3.31.4

Unad-justed

0.6.3.2.2.3.2.6.3

-.21.4.1.4.6.5

0.1.5.6

0.2

-.21.40

.4

Sea-son-allyad-

justed

0.5

3.1.3

.4

.4

.6

.1

.2

.6

.5

.6

.2_ i7.7

-.2.4.6.1.2.6

1 Changes from December to December are based on unadjusted indexes.2 Data have been revised through August 1989 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 C-67.—Money stock, liquid assets, and debt measures, 1959-89

[Averages of daily figures; billions of dollars, seasonally adjusted]

Yearand

month

December:1959I960196119621963196419651966196719681969197019711972197319741975197619771978197919801981198219831984 .19851986198719881989 f

1988- JanFebMarAorMay ZZTJuneJulyAugSectoct I ZZZ!"NovDec

1989- JanFebMarAprMayJuneJulyAug.'....""SeptOct ZZZ "NovDec "

Ml

Sum ofcurrency,demanddeposits,travelers

checks, andother

checkabledeposits(OCDs)

140.0140.7145.2147.9153.4160.4167.9172.1183.3197.5204.0214.5228.4249.4263.0274.4287.6306.5331.5358.8386.1412.2439.1476.4522.1551.9620.5725.9752.3790.3797.6758.4760.1763.8771.2771.1776.5782.5782.4783.7785.4786.6790.3786.3787.5786.3783.2773.4770.3777.2777.4781.1787.7789.6797.6

M2

Ml plusovernightRPsand

Eurodollars,MMMF

balances(general

purpose andbroker/dealer),

MMDAs, andsavings andsmall timedeposits

297.8312.4335.5362.7393.3424.8459.4480.0524.4566.4589.6628.1712.7805.3861.0908.5

1,023.21,163.71,286.81,389.21,500.31,633.31,795.91,954.52,186.02,367.22,567.42,811.22,909.93,069.63,217.02,930.52,950.82,969.52,990.32,999.83,013.13,023.93,029.83,035.13,042.33,059.53,069.63,065.93,069.43,078.53,080.93,072.63,088.23,116.83,135.83,153.53,173.63,196.23,217.0

M3

M2 pluslarge timedeposits,term RPs,

termEurodollars,

andinstitution-only MMMF

balances

299.8315.3341.1371.5406.1442.5482.3505.1557.1606.3615.1677.4776.2886.1985.1

1,070.41,172.21,311.91,472.91,647.11,806.71,991.12,236.92,443.82,694.32,982.33,201.73,494.93,677.83,915.64,039.63,702.53,732.83,757.43,780.73,795.63,816.63,839.43,851.63,861.23,878.13,898.33,915.63,920.23,929.53,951.03,957.73,951.13,966.93,993.43,999.64,001.04,010.64,027.34,039.6

L

M3 plusother liquid

assets

388.7403.7430.8466.1503.8540.4584.5614.8666.6729.0763.6816.2903.1

1,023.11,142.61,250.31,367.01,516.71,705.51,911.22,119.62,327.82,599.42,853.53,155.53,523.43,830.64,137.14,336.84,672.3

4,373.24,403.54,433.44,472.04,500.14,517.34,561.34,580.04,588.34,609.44,635.64,672.34,676.24,689.44,724.64,750.54,747.04,760.04,792.04,807.54,813.94,826.24,838.7

Debt1

Debt ofdomestic

nonfinancialsectors

(monthlyaverage)

682.4717.1759.5811.6866.6929.7997.9

1,065.51,140.91,234.31,324.71,414.81,546.31,701.51,889.82,061.22,241.92,480.72,793.43,166.13,546.13,881.94,269.04,660.05,185.45,932.76,741.57,597.08,316.19,082.2

8,359.08,415.68,482.78,550.28,620.68,690.88,755.38,820.28,883.08,943.89,018.79,082.29,138.99,207.09,269.29,327.69,389.39,444.19,494.49,558.99,615.39,677.99,744.2

Percent change from year or 6months earlier2

Ml

0.53.21.93.74.64.72.56.57.73.35.16.59.25.54.34.86.68.28.27.66.86.58.59.65.7

12.417.03.65.1.9

4.23.94.33.74.46.46.45.95.23.74.03.61.01.3.7

-.6-3.4-5.1-2.3-2.6

131.14.27.1

M2

4.97.48.18.48.08.14.59.28.04.16.5

13.513.06.95.5

12.613.710.68.08.08.9

10.08.8

11.88.38.59.53.55.54.85.25.75.86.06.67.16.45.44.43.54.03.82.82.62.92.5

.91.23.34.34.96.08.08.3

M3

5.28.28.99.39.09.04.7

10.38.81.5

10.114.614.211.28.79.5

11.912.311.89.7

10.212.39.2

10.310.77.49.25.26.53.26.36.87.06.96.87.57.46.45.55.25.45.24.24.04.74.12.72.63.73.62.52.73.93.7

Debt

7.75.15.96.96.87.37.36.87.18.27.36.89.3

10.011.19.18.8

10.712.613.312.09.5

10.09.2

11.314.413.612.79.59.2

9.39.29.08.98.79.09.59.69.49.29.29.08.88.88.78.68.28.07.87.67.57.57.6

1 Consists of outstanding credit market debt of the U.S. Government, State and local governments, and private nonfinancial sectors;data 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.—The nontransactions portion of M2 is seasonally adjusted as a whole to reduce distortions caused by substantial portfolioshifts arising from regulatory and financial changes in recent years, especially shifts to MMDAs in 1983. A similar procedure is used toseasonally adjust the remaining nontransactions balances in M3. See Table C-68 for components.



TABLE C-68.—Components of money stock measures and liquid assets, 1959-89

[Averages of daily figures; billions of dollars, seasonally adjusted, except as noted]

Yearand

month

December:1959I9601961 . .1962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989 P

1988: JanFebMarAprMay:::::::::::::::JuneJulvAURSeptOctNovDec

1989- JanFebMarAprMayJuneJulyAugSeptOctNovDec "

Currency

28.828.729.330.332.233.936.038.040.043.045.748.652.056.360.867.072.879.587.496.1

104.9115.2122.5132.6146.3156.1167.8180.5196.4211.8222.1198.5199.4200.7202.4203.4204.7206.4207.0208.6209.7210.5211.8213.4214.3215.6216.0216.5217.3218.0218.4219.4219.7220.2222.1

Travelerschecks

0.4.4.4.4.5

!e.6.7.8.8

1.01.11.31.51.82.32.83.13.53.84.24.44.34.95.25.96.57.17.67.57.27.37.27.27.37.37.27.27.37.47.57.67.67.57.37.37.37.27.17.27.27.37.57.5

Demanddeposits

110.8111.6115.5117.1120.6125.8131.3133.4142.5153.6157.3164.7175.1191.6200.3205.1211.6221.6236.8250.6257.7261.5231.5234.2238.7244.2267.3303.2288.3288.6281.2289.4288.1288.4290.3288.1289.8290.4289.9288.8288.9287.7288.6284.0284.8284.3281.4278.2275.0278.8277.5277.3280.4278.9281.2

Othercheckabledeposits(OCDs)

0.0.0.0.0.1.1.1.1.1.1.2.1.2.2.3.4.9

2.74.28.5

19.931.380.8

105.3132.2146.4179.5235.8260.4282.3286.8263.4265.4267.5271.2272.2274.7278.5278.3279.0279.4281.0282.3281.3280.9279.1278.5271.4270.7273.2274.4277.3280.3283.0286.8

Overnightrepur-chaseagree-ments(RPs)

net, plusovernightEurodol-

lars

NSA

0.0.0.0.0.0.0.0.0.0.0

2.21.32.32.85.35.65.8

10.614.720.321.228.335.938.853.856.370.278.378.378.572.882.877.974.575.680.380.877.679.977.376.175.778.581.879.077.474.573.576.077.674.972.372.971.872.8

Money market mutualfund (MMMF)

balances

Generalpurpose

andbroker/dealer

NSA

0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.1

1.72.72.42.46.4

33.461.6

150.6185.2138.2167.5176.5208.0221.1239.4309.1225.2231.0234.8235.8231.8228.9229.6230.8231.0231.3237.4239.4241.7247.2255.5259.3259.3265.3273.9284.7292.4298.4306.5309.1

Institu-tion only

NSA

0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.2.4.6.9

3.19.5

15.238.051.143.262.764.584.489.687.6

102.894.498.797.491.990.086.384.884.083.784.687.487.689.389.687.687.791.695.198.2

100.699.198.7

102.0102.8

Moneymarketdeposit

accounts(MMDAs)

NSA

0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0.0

0.00.0

43.2379.2416.9513.5572.5526.3502.7486.5525.0523.6525.5524.2520.5523.2522.0517.7511.4507.5506.7502.7495.2485.3480.3471.3457.0456.9459.8465.4469.1473.0481.7486.5

Savingsdeposits

146.4159.1175.5194.8214.4235.2256.9253.1263.7268.9263.7261.0292.2321.4326.7338.5388.8453.1492.1481.9423.8400.2344.0356.9305.6285.4301.6371.0416.4431.3411.8417.0418.8421.5423.3424.2427.6429.7430.9430.5429.2431.8431.3427.8424.6420.8412.8404.7402.0401.5402.3404.3405.8409.3411.8



TABLE C-68.—Components of money stock measures and liquid assets, 2959-89—Continued

[Averages of daily figures; billions of dollars, seasonally adjusted, except as noted]

Yearand

month

December:1959196019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989"


1989- JanFebMarAorMay I"::':::::::::::::::::::::::::::::JuneJulvAugSept'OctNovDec p

Smalldenomi-nationtime

deposits *

11.412514.820125.529234.555077.8

100.5120.41511189.72316265.82879337.93907445.45210634.3728.68232851.07840886.3882.6853.99141

1,025.211357

9254942.4952.8963.4971.0975.79810988.3998.7

1,009.71,017.81,025.2103571,048.31,061.0108311,105.71,118.5112631,132.11,132.3113261,133.111357

Largedenomi-nationtime

deposits l

1.2203.970

10.815221.223130.937420.445357.7733

111.11448129.71181145.219562230260.13025326.83274417.2436.6439.04874537.855424870492.3496.3499.2502.4507.85140519.4526.7532.0534.4537.85444551.6558.85676572.1573.15731569.2563.95607559.25542

Termrepur-chaseagree-ments(RPs)NSA

0.0o0o.0o.0o.0o

2.7162.7356.8798.2

14019.126629.534.036034.551861.965.684.6

1091124.11000109.9114.2112.0114.7121.0124.4125.7124.1122.8125.4128.3124.1125.2128.4130.9128.8129.2129.3124.5118.0113.7110.0110.6100.0

TermEuro-

dollars

NSA

0.78

151619241.8222.2292.7222.7365.5819.8

14820.231844.750.367581.791582.976.583.8908

106.083986.286.991.190.192.893.997.3

103.0102.9100.3101.8106.0100.6100.0105.6100.296.692.691.389.084.980781.383.9

Savingsbonds

46145746546948149049650251251851.752054357660463367271876480379672.367868.071174.279.491.7

1004109.1

1013102.51034104.41053106.01068107.41079108.4108.7109.11097110.6111.51123112.9113.81146115.2115.71161116.5

Short-term

Treasurysecurities

38.636737039840738540743238746159.548836040749.3528684698781811

1078133.51494183.62119260.7300.1282.32575271.3

2606256.92551261.8260.5253.62646268.62688269.3264.5271.32709265.2271.72795289.5286.82907294.6307.53144306.8

Bankersaccept-ances

069

111 11213161818233.335383550

12610710814122027232140044545045.442.0372447406

43741.041 141.441140.740741.241741340.540.640639.941.241441.141.142042.841440240.6

Commer-cial

paper

36515268779 1

102144178225340345327352428512485525641807983988

1053113613321607207.4231026033358

2690274228032876297830043098311330883123323.7335833493442349235953523351435133553348334483475

1 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 C-67.Source: Board of Governors of the Federal Reserve System.


TABLE C-69.—Aggregate reserves of depository institutions and monetary base, 1959-89

[Averages of daily figures1; millions of dollars; seasonally adjusted, except as noted]

Year and month

December:1959

I96019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989 P

1988- JanFebMarAprMayJuneJulvAugSeptOctNovDec

1989- JanFebMarAprMayJune . ..JulyAugSeptOctNovDec*

Adjusted for changes in reserve requirements 2

Reserves of depository institutions

Total

14,668

14,83315,30815,59515,92516,44917,03917,04318,55319,50619,81220,78522,12824,35725,44826,78326,93427,52228,64630,03331,40633,40135,31537,38839,18442,32148,49358,14058,69360,70659,99159,47359,51659,66360,36360,42260,57661,05860,90360,82460,86260,85360,70660,37060,26059,85459,46358,74058,35058,69858,75359,22359,62159,56659,991

Nonbor-rowed

13,727

14,75915,17515,33415,59216,18516,59616,51118,32518,76118,69320,45322,00223,30724,15026,05526,80427,46928,07629,16529,93431,71134,67936,75438,41039,13447,17557,31357,91658,99059,72558,39259,12057,91157,36957,84557,49357,61857,66357,98558,56257,99158,99058,70858,77358,04157,17457,02056,86058,00458,07958,53059,06659,21759,725

Nonbor-rowedplus

extendedcredit

13,727

14,75915,17515,33415,59216,18516,59616,51118,32518,76118,69320,45322,00223,30724,15026,20226,81627,46928,07629,16529,93431,71434,82736,94038,41241,73947,67457,61658,39960,23459,74558,76359,32559,38959,99359,95160,04760,15760,31660,04360,34360,31460,23459,75459,82359,37658,88158,21757,77658,11058,12058,55259,08759,23859,745

Required

14,162

14,08914,72415,02315,43516,04316,61616,70418,17819,08119,52620,53621,94624,07325,14426,52426,66827,24828,45629,80130,96532,88734,99636,88838,62341,46847,43656,77157,66559,66659,06858,17858,38358,73459,50359,38259,68860,05159,95059,85259,80059,73359,66659,22659,10658,89658,68757,70957,44557,73357,86958,28558,60258,62159,068

Mone-tarybase

44,380

44,33045,40046,66548,94351,33554,05256,13559,65163,78166,94471,03275,81882,52489,11996,409102,556110,160119,356130,031141,068152,525161,043173,011188,303201,889219,510241,448257,991275,503285,221260,982262,019263,288265,631266,761268,205270,308270,979272,420273,659274,381275,503276,815277,598278,676278,753278,427279,060280,014280,288282,045282,703283,001285,221

Borrowings of depositoryinstitutions from the Federal

Reserve, NSA

Total

941

74133260332264444532228746

1,119332126

1,0501,29872713053569868

1,4731,690636634774

3,1861,318827777

1,716265

1,082396

1,7522,9932,5783,0833,4403,2412,8392,2992,8611,7161,6621,4871,8132,2891,7201,490694675693555349265

Seasonal

4i3214135513582116543396113563893130845975119146246311376423421332186130769713921334543149749045233013484

Extendedcredit

14712

31481862

2,604499303483

1,24420372205

1,4782,6242,1072,5542,5382,6532,0591,7812,3221,2441,0461,0501,3341,7071,1979171064122212120

1 Data are prorated averages of biweekly (maintenance period) averages of daily figures.2 Aggregate reserves incorporate adjustments for discontinuities associated with the implementation of the Monetary Control Act and

other regulatory changes to reserve requirements. For details on aggregate reserves series see Federal Reserve Bulletin.Note.—NSA indicates data are not seasonally adjusted.Source: Board of Governors of the Federal Reserve System.


TABLE C-70.—Commercial bank loans and securities, 1972-89

[Monthly average; billions of dollars, seasonally adjusted *]

Year and month

December:197219731974197519761977197819791980198119821983198419851986198719881989 "


1989- JanFebMarAprMayJuneJulyAuesept:::::::::OctNovDec p

Totalloansand

securi-ties2

572.5647.9713.9745.3804.9891.9

1,014.41,136.21,239.21,307.71,401.51,553.61,723.71.911.42,094.52,239.62,417.22,577.42,252.42,269.82,286.82,306.12,328.52,346.82,362.72,377.62,381.52,401.42,410.22,417.22,422.82,451.92,464.92,470.92,486.32,496.82,518.12,534.42,544.12,575.52,583.92,577.4

U.S.Govern-

mentsecuri-

ties

89.088.286.3

116.7136.3136.6137.6144.3170.6179.3201.7259.2260.2270.7309.6335.5361.4396.9336.9337.8341.4344.0346.7349.1349.6350.9353.1355.6358.8361.4360.4361.8368.8370.7373.5373.8374.4376.6378.8391.7397.5396.9

Othersecu-rities

93.499.4

107.5111.2113.6122.7129.3142.0154.7160.9165.7170.6142.6181.4196.5195.3194.0181.3192.6194.8196.3196.6196.4196.7196.8196.5195.2196.8195.9194.0189.6190.4189.7187.2186.4185.8184.6182.8182.9182.7180.3181.3

Loans and leases

Total 2

390.1460.3520.0517.3555.1632.6747.6849.8913.9967.5

1,034.11,123.91,321.01,459.31,588.41,708.81,861.91,999.21,722.91,737.11,749.11,765.51,785.51,801.01,816.31,830.11,833.21,848.91,855.61,861.91,872.91,899.71,906.51,913.11,926.51,937.31,959.11,974.91,982.42,001.12,006.11,999.2

Com-mercial

andindus-trial

137.1165.0196.7189.3190.9211.0246.2291.3325.7355.4392.6414.1472.9499.7536.2562.7601.9634.2565.0568.8570.4577.3584.1588.5595.0597.4598.1601.6601.8601.9606.6619.0617.8620.6626.3624.9632.1637.3636.9641.1641.6634.2

Realestate

98.1117.3130.1134.4148.8175.2210.5241.9262.6284.1299.8330.8376.3425.8494.0589.0672.0754.8595.1601.2607.2614.4622.4629.3635.8643.0650.3659.8665.3672.0678.9685.6691.8699.5705.5712.0719.9729.0734.4741.1747.7754.8

Indi-vidual

86.398.6

102.4104.9116.3138.3164.7184.5179.2182.5188.2212.9253.8294.8315.9329.5355.5378.1331.7334.4338.0341.0343.0344.5345.6347.7350.2351.6353.0355.5357.9358.9360.6362.9365.4366.0367.0369.3372.1374.4376.9378.1

Secu-rity

15.612.912.713.517.721.019.718.718.021.525.428.134.342.740.134.438.537.836.841.440.239.539.739.538.939.636.538.538.238.537.644.743.539.938.141.240.039.339.941.440.637.8

Non-bank

finan-cial

insti-tutions

21.728.534.528.926.425.826.229.329.229.931.330.531.432.535.031.930.032.231.231.531.030.530.730.731.131.130.730.430.230.030.130.529.629.128.630.231.231.131.332.433.132.2

cultural

14.317.218.320.123.225.828.231.131.633.136.239.240.136.131.629.430.730.529.529.429.429.429.529.629.629.629.629.830.330.730.730.730.730.430.330.330.430.330.230.130.330.5

Stateand

politi-cal

subdi-visions

""46.056.758.452.546.741.051.851.150.349.849.549.248.848.248.048.547.746.744.244.344.344.444.444.243.943.643.542.942.341.0

For-eign

banks

3.96.28.39.0

11.713.721.518.623.818.114.813.411.19.79.67.57.69.17.67.67.98.38.08.18.18.07.27.68.17.67.88.58.28.49.49.38.99.38.59.79.09.1

For-eign

officialinsti-

tutions

1.62.12.22.42.82.74.96.9

11.57.25.99.47.96.05.95.34.93.85.45.15.15.15.15.05.05.15.04.94.94.94.84.84.84.94.94.74.54.34.34.03.83.8

Leasefinanc-

ingreceiv-ables

1.42.13.24.05.15.77.49.3

10.912.713.313.716.019.022.324.529.231.125.025.425.726.026.527.228.028.128.528.929.129.229.429.629.629.830.029.930.330.331.031.631.631.1

Other

10.110.311.610.912.213.318.218.221.523.126.631.831.236.339.442.144.946.543.841.243.944.347.049.450.352.249.147.547.044.944.843.145.643.243.744.550.851.150.252.349.246.5

1 Data are prorated averages of Wednesday figures for domestically chartered banks and averages of weekly data for foreign-relatedinstitutions beginning July 1981. Prior to July 1981, data for foreign-related institutions are averages of current and previous month-enddata. Lease financing receivables are included in total loans and investments and in total loans.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 C-71.—Bond yields and interest rates, 1929-89

[Percent per annum]

Year and

192919331939 . . .19401941194219431944194519461947194819491950195119521953195419551956195719581959196019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989

1984:JanFebMarAprMayJuneJulyAugSeptOctNovDec

U.S. Treasury securities

Bills(new issues)1

3-month

0.515.023.014103

.326

.373

.375

.375

.375

.5941.04011021.2181.55217661.931.953

1.7532.6583.2671.8393.405

2.9282.3782.7783.1573.5493.9544.8814.3215.3396.677

6.4584.3484.0717.0417.8865.8384.9895.2657.221

10.04111.50614.02910.6868.639.587.485.985.826.698.12

8.939.039.449.699.909.94

10.1310.4910.419.978.798.16

6-month

1832'3.2472.6052.9083.2533.6864.0555.0824.6305.4706.8536.5624.5114.4667.1787.9266.1225.2665.5107.572

10.01711.37413.77611.0848.759.807.666.036.056.928.04

9.069.139.589.83

10.3110.5510.5810.6510.5110.058.998.36

Consmatur

3-year

2.471.632.473.193.982.844.463.983.543.473.674.034.225.235.035.687.027.295.655.726.957.827.496.776.698.299.71

11.5514.4412.9210.4511.899.647.067.688.268.55

10.9311.0511.5911.9812.7513.1813.0812.5012.3411.8510.9010.56

tant

10-year

2.852.402.823.183.653.324.334.123.883.954.004.194.284.925.075.656.677.356.166.216.847.567.997.617.428.419.44

11.4613.9113.0011.1012.4410.627.688.398.858.49

11.6711.8412.3212.6313.4113.5613.3612.7212.5212.1611.5711.50

Corporatebonds

(Moody's)

Aaa3

4.734.493.012.842.772.832.732.722.622.532.612.822.662.622.862.963.202.903.063.363.893.794.384.414.354.334.264.404.495.135.516.187.038.047.397.217.448.578.838.438.028.739.63

11.9414.1713.7912.0412.7111.379.029.389.719.26

12.2012.0812.5712.8113.2813.5513.4412.8712.6612.6312.2912.13

Baa

5.907.764.964.754.334.283.913.613.293.053.243.473.423.243.413.523.743.513.533.884.714.735.055.195.085.024.864.834.875.676.236.947.819.118.568.168.249.50

10.619.758.979.49

10.6913.6716.0416.1113.5514.1912.7210.3910.5810.8310.18

13.6513.5913.9914.3114.7415.0515.1514.6314.3513.9413.4813.40

High-grade

munici-pal

bonds(Stand-ard &

Poor's)

4.274.712.762.502.102.362.061.861.671.642.012.402.211.982.002.192.722.372.532.933.603.563.953.733.463.183.233.223.273.823.984.515.816.515.705.275.186.096.896.495.565.906.398.51

11.2311.579.47

10.159.187.387.737.767.24

9.619.639.929.98

10.5510.7110.5010.0310.1710.3410.2710.04

New-homemort-gage

yields*

5"895.825.816.256.466.977.808.457.747.607.968.929.009.009.029.56

10.7812.6614.7015.1412.5712.3811.5510.179.319.19

10.13

12.2912.2312.0212.0412.1812.1012.5012.4312.5312.7712.7512.55

Com-mercialpaper, 6months5

5.851.73.59.56.53.66.69.73.75.81

1.031.441.491.452.162.332.521.582.183.313.812.463.973.852.973.263.553.974.385.555.105.907.837.715.114.738.159.846.325.345.617.99

10.9112.2914.7611.898.89

10.168.016.396.857.688.80

9.189.319.86

10.2210.8711.2311.3411.1610.9410.169.068.55

Prime ratecharged by

banks6

5.50-6.001.50-4.00

1.501.501.501.501.501.501.501.50

1.50-1.751.75-2.00

2.002.072.563.003.173.053.163.774.203.834.484.824.504.504.504.504.545.635.616.307.967.915.725.258.03

10.817.866.846.839.06

12.6715.2718.8714.8610.7912.049.938.338.219.32

10.87

High-low

11.00-11.0011.00-11.0011.50-11.0012.00-11.5012.50-12.0013.00-12.5013.00-13.0013.00-13.0013.00-12.7512.75-12.0012.00-11.2511.25-10.75

Discountrate,

FederalReserveBank of

New York6

5.162.561.001.001.008 1.008 1.008 1.008 1.008 1.001.001.341.501.591.751.751.991.601.892.773.122.153.363.533.003.003.233.554.044.504.195.165.875.954.884.506.447.836.255.505.467.46

10.2811.7713.4211.028.508.807.696.335.666.206.93

High-low

8.50- 8.508.50- 8.508.50- 8.509.00- 8.509.00- 9.009.00- 9.009.00- 9.009.00- 9.009.00- 9.009.00- 9.009.00- 8.508.50- 8.00

Federalfundsrate7

1.782.733.111.573.303.221.962.683.183.504.075.114.225.668.207.184.664.438.73

10.505.825.045.547.93

11.1913.3616.3812.269.09

10.238.106.816.667.579.21

9.569.599.91

10.2910.3211.0611.2311.6411.309.999.438.38

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 Series excludes public utility issues for January 17, 1984 through October 11, 1984 due to lack of appropriate issues.4 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. (Thisseries now published by the Federal Housing Finance Board; it was formerly published by the Department of the Treasury (Office ofThrift Supervision) and by the Federal Home loan Bank Board.)



TABLE C-71.—Bond yields and interest rates, 1929-89—Continued[Percent per annum]

Year andmonth






U.S. Treasury securities

Bills(new issues) l

3-month

7.768.228.578.007.567.017.057.187.087.177.207.07

7.047.036.596.066.126.215.845.575.195.185.355.49

5.455.595.565.765.755.695.786.006.326.405.815.80

5.905.695.695.926.276.506.737.027.237.347.688.09

8.298.488.838.708.408.227.927.917.727.637.657.64

6-month

8.038.348.928.317.757.167.167.357.277.327.267.09

7.137.086.606.076.166.285.855.585.315.265.425.53

5.475.605.565.936.115.995.866.146.576.866.236.36

6.315.965.916.216.536.766.977.367.437.507.768.24

8.388.498.878.738.398.007.637.727.747.617.467.45

Constantmaturities2

o0-year

10.4310.5511.0510.499.759.059.189.319.379.258.888.40

8.418.107.306.867.277.416.866.496.626.566.466.43

6.416.566.587.328.027.827.748.038.678.757.998.13

7.877.387.507.838.248.228.448.778.578.438.729.11

9.209.329.619.408.988.377.838.138.268.027.807.77

IfL1U-year

11.3811.5111.8611.4310.8510.1610.3110.3310.3710.249.789.26

9.198.707.787.307.717.807.307.177.457.437.257.11

7.087.257.258.028.618.408.458.769.429.528.868.99

8.678.218.378.729.098.929.069.268.988.808.969.11

9.099.179.369.188.868.288.028.118.198.017.877.84

CorporatehnnricDonas

(Moody's)

*aa 3naa

12.0812.1312.5612.2311.7210.9410.9711.0511.0711.0210.5510.16

10.059.679.008.799.099.138.888.728.898.868.688.49

8.368.388.368.859.339.329.429.67

10.1810.5210.0110.11

9.889.409.399.679.909.869.96

10.119.829.519.459.57

9.629.649.809.799.579.108.938.969.018.928.898.86

Raaoaa

13.2613.2313.6913.5113.1512.4012.4312.5012.4812.3611.9911.58

11.4411.1110.4910.1910.2910.3410.1610.1810.2110.2410.079.97

9.729.659.61

10.0410.5110.5210.6110.8011.3111.6211.2311.29

11.0710.6210.5710.9011.0411.0011.1111.2110.9010.4110.4810.65

10.6510.6110.6710.6110.4610.039.879.889.919.819.819.82

High-grade

munici-pal

bonds(Stand-ard &

Poor's)

9.559.669.799.489.088.788.909.189.379.248.648.51

8.067.447.077.327.677.987.627.317.147.126.866.93

6.636.666.717.628.107.897.837.908.368.848.098.07

7.817.557.807.918.017.867.877.867.717.547.587.66

7.417.477.617.497.256.976.977.087.277.227.137.01

New-homemort-gage

i/iolH«4yicios

12.2712.2111.9212.0512.0111.7511,3411.2411.1711.0911.0110.94

10.8910.6810.5010.2710.2210.1510.3010.2610.1710.029.919.69

9.519.239.149.219.379.459.419.389.379.259.309.15

9.109.129.159.138.959.269.179.069.269.109.439.39

9.529.829.99

10.1710.1810.4210.4810.2210.2410.1110.0910.07

Com-mercialpaper, 6months8

8.158.699.238.477.887.387.577.747.867.797.697.62

7.627.547.086.476.536.636.245.835.615.615.695.88

5.765.996.106.507.047.006.726.817.557.967.177.49

6.926.586.646.927.317.537.908.368.238.248.558.97

9.029.359.979.789.298.808.358.328.508.248.007.93

Prime ratecharged by

banks"

High-low

10.75-10.5010.50-10.5010.50-10.5010.50-10.5010.50-10.0010.00- 9.509.50- 9.509.50- 9.509.50- 9.509.50- 9.509.50- 9.509.50- 9.50

9.50- 9.509.50- 9.509.50- 9.009.00- 8.508.50- 8.508.50- 8.508.50- 8.008.00- 7.507.50- 7.507.50- 7.507.50- 7.507.50- 7.50

7.50- 7.507.50- 7.507.50- 7.507.75- 7.758.25- 8.008.25- 8.258.25- 8.258.25- 8.258.75- 8.259.25- 8.759.00- 8.758.75- 8.75

8.75- 8.758.75- 8.508.50- 8.508.50- 8.509.00- 8.509.00- 9.009.50- 9.00

10.00- 9.5010.00-10.0010.00-10.0010.50-10.0010.50-10.50

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

Discountrate,

FederalReserveBank of

New York6

High-low

8.00- 8.008.00- 8.008.00- 8.008.00- 8.008.00- 7.507.50- 7.507.50- 7.507.50- 7.507.50- 7.507.50- 7.507.50- 7.507.50- 7.50

7.50- 7.507.50- 7.507.50- 7.007.00- 6.506.50- 6.506.50- 6.506.50- 6.006.00- 5.505.50- 5.505.50- 5.505.50- 5.505.50- 5.50

5.50- 5.505.50- 5.505.50- 5.505.50- 5.505.50- 5.505.50- 5.505.50- 5.505.50- 5.506.00- 5.506.00- 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- 6.006.50- 6.006.50- 6.506.50- 6.506.50- 6.506.50- 6.50

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

Federalfundsrate7

8.358.508.588.277.977.537.887.907.927.998.058.27

8.147.867.486.996.856.926.566.175.895.856.046.91

6.436.106.136.376.856.736.586.737.227.296.696.77

6.836.586.586.877.097.517.758.018.198.308.358.76

9.129.369.859.849.819.539.248.999.028.848.558.45

5 Bank-discount basis; prior to November 1979, data are for 4-6 months paper.6 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 theperiod.7 Since July 19, 1975, the daily effective rate is an average of the rates on a given day weighted by the volume of transactions atthese 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.8 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.

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 C-72.—Total funds raised in credit markets by nonfinancial sectors, 1980-89


Item

Total net borrowing by domestic nonfinancial sectors...

U S Government

Treasury issuesAgency issues and mortgages

Private domestic nonfinancial sectors

Debt capital instruments

Tax-exempt obligationsCorporate bondsMortgages

Home mortgagesMulti-family residentialCommercialFarm

Other debt instruments

Consumer creditBank loans n e eOpen-market paperOther

By borrowing sector:

State and local governmentsHouseholdsNonfinancial business

FarmNonfarm noncorporateCorporate

Foreign net borrowing in United States

BondsBank loans n e eOpen-market paperU S Government and other loans

Total domestic plus foreign

Total funds supplied to 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 netU S Government cash balancesPrivate insurance and pension reservesOther sources

1980 1981 1982 1983 1984 1985 1986 1987 1988

Net credit market borrowing by nonfinancial sectors

337.4

79.2

79.8-.6

258.3

185.2

24.727.7

132.9

95.37.6

19.210.7

73.0

2.636.44.0

30.0

258.3

11.6117.3129.3

15.855.857.8

24.2

1.211.82.48.8

361.6

382.4

87.4

87.8-.5

295.0

165.7

33.722.8

109.2

72.44.8

22.29.7

129.3

16.949.214.748.5

295.0

17.1113.9164.0

16.344.4

103.3

23.5

5.53.03.9

11.1

405.9

395.3

161.3

162.1-.9

234.1

157.2

50.418.788.2

53.45.4

25.24.1

76.9

16.450.9

-6.115.8

234.1

27.784.0

122.4

6.771.843.9

16.0

6.6-5.5

1.913.0

411.3

536.8

186.6

186.7-.1

350.2

247.2

43.316.0

187.9

120.414.151.02.4

103.0

49.023.6-.831.3

350.2

23.6186.1140.5

3.981.954.8

17.3

3.13.66.54.1

554.1

750.7

198.8

199.0-.2

551.9

320.0

51.046.1

222.8

136.725.262.2

-1.2

231.9

81.666.321.762.2

551.9

28.1231.5292.3

-.4123.2169.6

8.4

3.8-6.6

6.25.0

759.1

846.3

223.6

223.7

622.7

451.4

135.473.8

242.2

156.829.862.266

171.3

82.538.614.635.6

622.7

90.9284.6247.2

-14.5129.3132.4

1.2

3.8-2.8

6.2-6.0

847.5

831.1

215.0

214.7.4

616.1

460.3

22.7121.3316.3

218.733.573.6

-9.5

155.8

58.066.793

40.5

616.1

36.2289.2290.7

-16.3103.2203.7

9.7

3.1-1.011.5

-3.9

840.9

693.2

144.9

143.41.5

548.3

458.5

34.199.9

324.5

234.924.471.6

-6.4

89.7

32.910.82.3

43.8

548.3

33.6271.9242.8

-10.6107.9145.5

4.9

7.4-3.6

2.110

698.1

767.0

157.5

140.017.4

609.6

462.6

34.0120.9307.7

229.118.961.7

-2.1

147.0

51.138.411.645.9

609.6

29.8287.9291.8

7591.9

207.5

6.9

6.9-1.8

9.6-7.8

773.9

Direct and ndirect supply of funds to credit markets

337.4

233.0

190.9

17.4127.4

28.514.82.8

42.1

.2

-25.125.3

3.9-2.686.116.9

382.4

289.0

217.1

28.384.2

102.24.2

-1.7

71.8

2.9

-22.625.5

10.2-1.183.4

-2.0

395.3

303.9

206.1

27.2134.833.511.1

.4

97.8

-8.6

-32.323.7

8.36.1

114.7-29.0

536.8

381.4

238.4

44.0207.139023.13.1

143.0

38.2

14.623.7

9.0-5.3115.0-1.5

750.7

492.5

326.1

38.9233.649.09.85.1

166.4

66.7

8.857.9

16.54.0

124.047.0

846.3

491.4

224.6

54.2145.9

8.917.7

-2.1

266.8

82.0

19.762.3

37.010.3

131.993.8

831.1

384.8

283.0

109.4109.238.320.25.9

101.8

110.7

12.997.8

18.61.7

149.3166.1

693.2

349.8

160.2

16.0102.727.217.2

-2.8

189.6

106.4

43.762.7

9.4-5.8176.1

57.4

767.0

464.2

221.8

27.0163.022.821.2

-12.1

242.3

111.7

9.3102.3

-9.17.3

186.86.1



TABLE C-72.—Total funds raised in credit markets by nonfinancial sectors, 1980-89—Continued[Billions of dollars; quarterly data at seasonally adjusted annual rates]

Item

Total net borrowing by domestic nonfinancial sectors

U S Government ... .

Treasury issues ..Agency issues and mortgages


Debt capital instruments

Tax-exempt obligationsCorporate bondsMortgages

Home mortgagesMulti-family residentialCommercialFarm . .

Other debt instruments ..

Consumer creditBank loans neeOpen-market Daoer..Other

By borrowing sector*

State and local governmentsHouseholdsNonfinancial business

FarmNonfarm noncorporateCorporate

Foreign net borrowing in United States

BondsBank loans n e e ....Open-market paperU S Government and other loans

Total domestic plus foreign

Total funds supplied to 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 netU S Government cash balancesPrivate insurance and pension reservesOther sources

1988

1 II III IV

1989

1 II III

Net credit market borrowing by nonfinancial sectors

728.2

211.6

212.05

516.6

386.5

29.1118.8238.7

170.724.248.5

-4.7

130.1

43.720.82.4

63.2

516.6

23.4230.2263.0

12785.2

190.5

4.8

14.21.7.7

-11.8

733.0

827.2

113.7

106.07.7

713.4

561.0

37.9143.9379.2

300.714.765.4

-1.6

152.4

51.958.86.8

34.8

713.4

37.0346.7329.7

-3.383.6

249.4

5.4

2.6-3.3

6.5-.4

832.6

754.4

162.5

141.620.9

592.0

463.9

34.8115.9313.2

231.019.565.4

-2.6

128.1

35.57.3

17.168.1

592.0

28.1291.6272.3

22100.5174.0

4.1

5.9.0

10.3-12.1

758.5

758.3

142.1

100.541.6

616.3

438.9

34.3104.9299.7

214.017.367.7

.7

177.3

73.166.620.017.6

616.3

30.6283.3302.4

-11.898.2

216.0

13.3

5.1-5.721.0

-7.1

771.7

792.2

199.9

201.1-1.2

592.3

427.8

29.3111.6286.9

205.227.258.8

-4.4

164.5

34.823.144.162.5

592.3

29.7263.1299.4

-2.291.1

210.6

-1.1

3.24.9

12.1-21.4

791.1

658.9

70.9

65.85.1

588.0

394.1

20.6138.5234.9

186.18.1

38.72.1

193.9

46.029.944.973.1

588.0

27.7227.1333.3

7o!o263.0

-3.9

11.11.7

-8.186

655.0

688.1

149.0

149.1-.2

539.1

412.6

32.6113.6266.4

191.921.353.2

.0

126.5

30.921.620.453.6

539.1

29.5254.8254.9

2.881.7

170.4

28.7

9.1.0

20.49

716.8

Direct and indirect supply of funds to credit markets

728.2

393.0

313.5

14.4216.457.627.927

79.5

108.1

-60.6168.6

-23.644.2

190.116.4

827.2

467.2

110.0

-16.7127.0

-21.026.559

357.2

177.0

94.582.5

-6.6163

184.021.9

754.4

581.9

215.7

7.9209.7-3.5

7.055

366.2

4.9

42147.0

1.55.6

109.850.7

758.3

414.7

248.2

102.498.858.123.3

-34.4

166.5

156.7

45.5111.2

77-4.1263.3

-64.5

792.2

479.4

211.2

352138.351.131.625.5

268.1

90.9

-28.4119.3

14.4-21.6133.096.0

658.9

438.6

231.1

704157.1111.827.55.1

207.5

-4.1

-16.011.9

87 126.6

151.5133.4

688.1

532.9

273.2

46.8103.7124.319.4

-20.9

259.7

137.8

10.6127.2

-25.9-6.488.7

-39.0



TABLE C-73.—Mortgage debt outstanding by type of property and of financing, 1939-89


End of yearor quarter

1939

1940194119421943194419451946194719481949

1950195119521953195419551956195719581959

I960196119621963196419651966196719681969

1970197119721973197419751976197719781979

198019811982198319841985198619871988

1987- 1III l lIV

1988- 1||IllIV

1989: 1III l l

Allproper-

ties

35.5

36.537.636.735.334.735.541.848.956.262.7

72.882.391.4

101.3113.7129.9144.5156.5171.8190.8

207.5228.0251.4278.5305.9333.3356.5381.2411.1441.6

473.7524.2597.4672.6732.5791.9878.6

1,010.31,163.01,328.4

1,460.41,566.71,637.91,832.42,061.12,303.32,618.32,977.33,265.5

2,722.62,819.92,895.22,977.3

3,023.73,118.73,186.43,265.5

3,325.43,384.83,453.9

Farmproper-

ties

6.6

6.56.46.05.44.94.84.95.15.35.6

6.16.77.27.78.29.09.8

10.411.112.1

12.813.915.216.818.921.223.125.127.529.4

30.532.435.439.844.949.955.463.972.886.8

97.5107.2111.3113.7112.4105.995.888.986.8

92.891.390.088.9

88.087.887.086.8

86.086.886.6

Nonfarm properties

Total

28.9

30.031.230.829.929.730.836.943.950.957.1

66.775.684.293.6

105.4120.9134.6146.1160.7178.7

194.7214.1236.2261.7287.0312.1333.4356.1383.5412.2

443.2491.8562.0632.8687.5742.0823.2946.4

1,090.21,241.7

1,362.91,459.51,526.61,718.71,948.72,197.42,522.52,888.43,178.7

2,629.82,728.72,805.32,888.4

2,935.73,030.93,099.43,178.7

3,239.43,298.13,367.3

l- to4-familyhouses

16.3

17.418.418.217.817.918.623.028.233.337.6

45.251.758.566.175.788.299.0

107.6117.7130.9

141.9154.6169.3186.4203.4220.5232.9247.3264.8283.2

297.4325.9366.5407.9440.7482.1546.3642.7753.5870.5

965.11,039.81,080.01,205.51,344.01,501.41,719.71,959.62,187.0

1,770.61,844.71.901.11,959.6

1,993.02,069.32,132.02,187.0

2,229.82,277.52,331.2

Multi-familyproper-

ties

5.6

5.75.95.85.85.65.76.16.67.58.6

10.111.512.312.913.514.314.915.316.818.7

20.323.025.829.033.637.240.343.947.352.2

60.170.182.893.1

100.0100.6105.7114.0124.9134.9

142.3142.1145.7160.7185.4214.5247.8274.0290.8

258.2263.9268.9274.0

276.9280.4285.0290.8

296.1298.3302.1

Com-mercialproper-

ties

7.0

6.97.06.76.36.26.47.79.1

10.210.8

11.512.513.414.516.318.320.723.226.129.2

32.436.541.146.250.054.560.164.871.476.9

85.695.9

112.7131.7146.9159.3171.2189.7211.8236.3

255.5277.5300.9352.4419.3481.5555.0654.9701.0

601.0620.1635.3654.9

665.8681.2682.5701.0

713.5722.3734.0

Nonfarm properties by type of mortgage

Government underwritten

Total »

1.8

2.33.03.74.14.24.36.39.8

13.617.1

22.126.629.332.136.242.947.851.655.259.3

62.365.669.473.477.281.284.188.293.4

100.2

109.2120.7131.1135.0140.2147.0154.1161.7176.4199.0

225.1238.9248.9279.8294.8328.3370.5431.4459.7

386.0403.3421.2431.4

438.9443.1450.9459.7

468.3472.5478.3

1- to 4-family houses

Total

1.8

2.33.03.74.14.24.36.19.3

12.515.0

18.822.925.428.132.138.943.947.250.153.8

56.459.162.265.969.273.176.179.984.490.2

97.3105.2113.0116.2121.3127.7133.5141.6153.4172.9

195.2207.6217.9248.8265.9288.8328.6387.9414.2

344.0360.5378.1387.9

395.2399.0406.5414.2

421.7426.9432.9

FHAinsured

1.8

2.33.03.74.14.24.13.73.85.36.9

8.59.7

10.812.012.814.315.516.519.723.8

26.729.532.335.038.342.044.847.450.654.5

59.965.768.266.265.166.166.568.071.481.0

93.6101.3108.0127.4136.7153.0185.5235.5258.8

196.6211.6226.9235.5

241.7245.3252.0258.8

265.5270.3276.3

VAguar-

anteed

0.22.45.57.28.1

10.313.214.616.119.324.628.430.730.430.0

29.729.629.930.930.931.131.332.533.835.7

37.339.544.750.056.261.667.073.682.092.0

101.6106.2109.9121.4129.1135.8143.1152.4155.4

147.4148.8151.2152.4

153.6153.7154.5155.4

156.1156.6156.6

Conventional 2

Total

27.1

27.728.227.125.825.526.530.634.137.340.0

44.749.154.961.569.378.086.894.6

105.5119.4

132.3148.5166.9188.2209.8231.0249.3267.9290.1312.0

333.9371.1430.9497.7547.3595.0669.0784.6913.9

1,042.7

1,137.81,220.61,277.81,438.91,653.91,869.12,152.02,457.02,719.0

2,243.72,325.42,384.12,457.0

2,496.72,587.82,648.52,719.0

2,771.12,825.62,889.0

l - to4-familyhouses

14.5

15.115.414.513.713.714.316.918.920.822.6

26.328.933.238.043.649.355.160.467.677.0

85.595.5

107.1120.5134.1147.4156.9167.4180.4193.0

200.2220.7253.5291.7319.4354.3412.8501.0600.2697.6

769.9832.2862.2956.7

1,078.21,212.61,391.01,571.71,772.8

1,426.61,484.21,523.01,571.7

1,597.81,670.31,725.51,772.8

1,808.11,850.71,898.3

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 C-74.—-Mortgage debt outstanding by holder, 1939-89


End of yearor quarter

193919401941194219431944194519461947194819491950195119521953195419551956195719581959I96019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881987: 1

||HIIV

1988- 1IIIIIIV

1989- I||HI

Total

35.536.537.636.735.334.735.541.848.956.262.772.882.391.4

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

1,010.31,163.01,328.41,460.41,566.71,637.91,832.42,061.12,303.32,618.32,977.33,265.52,722.62,819.92,895.22,977.33,023.73,118.73,186.43,265.53,325.43,384.83,453.9

Major financial institutions

Total

18.619.520.720.720.220.221.026.031.837.842.951.759.566.975.185.799.3

111.2119.7131.5145.5157.6172.6192.5217.1241.0264.6280.8298.8319.9339.1355.9394.2450.0505.4542.6581.2647.5745.2848.2938.2996.8

1,040.51,021.31,108.21,245.91,361.51,474.31,664.21,828.21,526.11,572.21,612.71,664.21,690.11,747.41,788.01,828.21,856.41,881.81,901.7

Savingsinstitu-tions1

8.69.09.49.29.09.19.6

11.513.816.118.321.925.529.834.941.148.955.561.268.978.187.098.0

111.1127.2141.9154.9161.8172.3184.3196.4208.3236.2273.7305.0324.2355.8404.6469.4528.0574.6603.1618.5578.1626.7709.7760.5778.0860.5929.6810.7827.0841.4860.5871.5898.7914.3929.6936.1933.7928.0

Commer-cial

banks8

4.34.64.94.74.54.44.87.29.4

10.911.613.714.715.916.918.621.022.723.325.528.128.830.434.539.444.049.754.459.065.770.773.382.599.3

119.1132.1136.2151.3179.0214.0245.2262.7284.2301.3330.5379.5429.2502.5591.4669.2519.6544.8567.0591.4604.7629.6650.8669.2688.7715.2738.0

Lifeinsur-ancecom-

panies

5.76.06.46.76.76.76.67.28.7

10.812.916.119.321.323.326.029.433.035.237.139.241.844.246.950.555.260.064.667.570.072.074.475.576.981.486.289.291.696.8

106.2118.4131.1137.7142.0151.0156.7171.8193.8212.4229.4195.7200.4204.3212.4213.9219.1222.9229.4231.7232.9235.8

Other holders

Federaland

relatedagen-cies »

5.04.94.74.33.63.02.42.01.81.82.32.83.54.14.64.85.36.27.78.0

10.211.512.212.611.812.213.517.520.925.131.138.346.454.664.882.2

101.1116.7140.5170.6216.0256.8289.4355.4433.4491.1582.0735.4863.1945.9774.9811.7839.6863.1875.8895.8919.2945.9971.3994.4

1,033.7

Individ-uals andothers4

11.912.012.211.711.511.512.113.815.316.617.518.419.320.421.723.225.327.129.132.335.138.443.146.349.552.755.258.261.466.171.479.483.692.8

102.4107.7109.6114.4124.6144.3174.3206.8236.8261.2290.8324.2359.8408.6450.0491.4421.6436.1442.9450.0457.8475.5479.3491.4497.6508.6518.5

1 Includes savings banks and savings and loan associations. Beginning 1987, data reported by Federal Savings and Loan InsuranceCorporation-insured institutions include loans in process.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 HomeAdministration (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 (FHLMC), 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 C-75.—Consumer credit outstanding, 1950-89

[Amount outstanding (end of month); millions of dollars, seasonally adjusted]

Year and month

December:1950195119521953195419551956195719581959I9601961196219631964196519661967196819691970197119721973197419751976197719781979198Q19811982198319841985198619871988

1988- JanFebMar

fcJuneJuly

Sent

NOV ::::::::::::.Dec

1989- Jan8FebMarAprfayJune

JulyAucsept:::OctNov ".

Totalconsumercredit

23,29524,62429,76633,76935,02741,88545,50348,13248,35655,87860,03562,34068,23176,60685,98995,948101,839106,716117,231126,928131,600147,058166,009190,601199,365204,963228,162263,808308,272347,507349,386366,597381,115430,382511,768592,409647,186679,161728,915687,313694,409702,552705,866707,741709,315708,987712,668714,301716,468721,449728,915746,329753,030758,450761,892764,067764,708763,739766,636769,383771,412776,472

Installment credit l

Total

15,16615,85920,12123,87024,47029,80932,66034,91434,73640,42144,33545,43850,37557,05664,67472,81478,16281,78390,11299,381103,905116,434131,258152,910162,203167,043187,782221,475261,976296,483297,566310,682323,536367,868442,538517,755572,047607,721659,507614,904620,385625,172628,585632,431637,836639,207644,666646,556649,132654,413659,507682,020687,397691,162693,911698,132700,849700,344703,001704,371707,562711,799

Automobile

6,0355,9817,6519,7029,75513,48514,49915,49314,26716,64118,10817,65620,00122,89125,86529,37831,02431,13634,35236,94636,34840,52247,83553,74054,24156,98966,82180,94898,739112,475111,936118,956124,218143,799173,704209,636247,313265,976281,174268,366271,265274,065275,289276,458278,058277,659279,585279,243278,902279,926281,174286,382288,767288,850289,654290,741290,192288,526288,533287,754288,747289,266

Revolving 2

2,0223,5634,9008,2529,39111,31813,23214,50716,59536,68945,20253,35754,89460,83866,24378,667100,212122,013137,013153,884174,792156,621157,999159,355160,631162,105164,408165,343167,125168,273170,131173,030174,792176,716178,570182,831184,500186,502189,622191,028194,398195,302196,379199,191

Mobile home 3

2,4337,1719,46813,50514,58215,38815,73816,36216,92118,20718,62120,30222,83323,70425,79526,83427,35526,38725,74426,53126,55526,41826,28026,24926,17426,21326,27726,18526,03326,00525,74426,03625,99224,16823,99323,95223,68523,63022,93822,99122,94722,523

Other

9,1319,87812,47014,16814,71516,32418,16119,42120,46923,78026,22727,78230,37434,16538,80943,43647,13850,64753,73858,87260,22460,48964,56474,34780,14880,15988,62887,476101,114112,444112,115110,586110,242121,698142,827159,272160,367161,475177,798163,386164,566165,334166,385167,619169,196169,993171,679172,855174,066175,452177,798192,886194,068195,314195,763196,936197,349197,161197,132198,324199,490200,818

Noninstallmentcredit 4

8,1298,7659,6459,89910,55712,07612,84313,21813,62015,45715,70016,90217,85619,55021,31523,13423,67724,93327,11927,54727,69530,62434,75137,69137,16237,92040,38042,33346,29651,02451,82055,91557,57962,51469,23074,65475,13871,43969,40772,40974,02477,38077,28175,31071,47969,77968,00267,74567,33667,03669,40764,30965,63367,28767,98265,93663,86063,39563,63565,01263,85064,673

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 generally 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 Not reported separately prior to July 1970.4 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.

6 Data newly available in January 1989 result in breaks in many series between December 1988 and January 1989.Source: Board of Governors of the Federal Reserve System.


GOVERNMENT FINANCE

TABLE C-76.—Federal receipts, outlays, surplus or deficit, and debt, selected fiscal years, 1929-91

[Billions of dollars; fiscal years]

Fiscal yearor period

192919331939

19401941194219431944

19451946194719481949

19501951195219531954

19551956195719581959

19601961196219631964

19651966196719681969

19701971197219731974

19751976Transition

quarter ...197719781979

198019811982 . ..19831984

19851986198719881989

1990 2

1991 2

Total

Re-ceipts

3.92.06.3

6.58.7

14.624.043.7

45.239.338.541.639.4

39.451.666.269.669.7

65.574680.079.679.2

92.594499.7

106.6112.6

116.8130.8148.8153.0186.9

192.8187.1207.3230.8263.2

279.1298.1

81.2355.6399.6463.3

517.1599.3617.8600.6666.5

734.1769.1854.1909.0990.7

1,073.51,170.2

Outlays

3.14.69.1

9.513.735.178.691.3

92.755.234.529.838.8

42.645.567.776.170.9

68.470676.682.492.1

92.297.7

106.8111.3118.5

118.2134.5157.5178.1183.6

195.6210.2230.7245.7269.4

332.3371.8

96.0409.2458.7503.5

590.9678.2745.7808.3851.8

946.3990.3

1,003.81,064.01,142.6

1,197.21,233.3

Surplusor

deficit

0.7-2.6-2.8

-2.9-4.9

-20.5-54.6-47.6

-47.6-15.9

4.011.8

.6

-3.16.1

-1.5-6.5-1.2

-3.0393.4

-2.8-12.8

.3-3.3-7.1-4.8-5.9

-1.4-3.7-8.6

-25.23.2

-2.8-23.0-23.4-14.9-6.1

-53.2-73.7

-14.7-53.6-59.2-40.2

-73.8-78.9

-127.9-207.8-185.3

-212.3-221.2-149.7-155.1-152.0

-123.8-63.1

On-budget

Re-ceipts

5.8

6.08.0

13.722.942.5

43.838.137.139.937.7

37.348.562.665.565.1

60.468273.271.671.0

81.982.387.492.496.2

100.1111.7124.4128.1157.9

159.3151.3167.4184.7209.3

216.6231.7

63.2278.7314.2365.3

403.9469.1474.3453.2500.4

547.9568.9640.7667.5727.0

788.0855.7

Outlays

9.2

9.513.635.178.591.2

92.655.034.229.438.4

42.044.266.073.867.9

64.565.770.674.983.1

81.386.093.396.4

102.8

101.7114.8137.0155.8158.4

168.0177.3193.8200.1217.3

271.9302.2

76.6328.5369.1403.5

476.6543.0594.3661.2686.0

769.5806.8810.0861.4931.7

971.5997.4

Surplusor

deficit

-3.4

-3.5-5.6

-21.3-55.6-48.7

-48.7-17.0

2.910.5-.7

-4.74.3

-3.4-8.3-2.8

-4.12.52.6

-3.3-12.1

.5-3.8-5.9-4.0-6.5

-1.6-3.1

-12.6-27.7

-.5

-8.7-26.1-26.4-15.4-8.0

-55.3-70.5

-13.3-49.7-54.9-38.2

-72.7-73.9

-120.0-208.0-185.6

-221.6-237.9-169.3-193.9-204.7

-183.4-141.7

Off-budget

Re-ceipts

0.5

.6

.7

.91.11.3

1.31.21.51.61.7

2.13.13.64.14.6

5.1646.88.08.3

10.612.112.314.216.4

16.719.124.424.929.0

33.535.839.946.153.9

62.566.4

18.076.885.498.0

113.2130.2143.5147.3166.1

186.2200.2213.4241.5263.7

285.4314.5

Outlays

0.0

.0

.01.1.1

.1

.2

.3

.4

.4

.51.31.72.32.9

4.0506.07.59.0

10.911713.515.015.7

16.519.720.422.325.2

27.632.836.945.652.1

60.469.6

19.480.789.7

100.0

114.3135.2151.4147.1165.8

176.8183.5193.8202.7210.9

225.8236.0

Surplusor

deficit

0.5

.6

.7

.81.01.2

1.21.01.21.21.3

1.61.81.91.81.7

1.11.5.8.5

-.7

-.2.4

-1.3-.8

.6

.2-.64.02.63.7

5.93.03.1

.51.8

2.0-3.2

-1.4-3.9-4.3-2.0

-1.1-5.0-7.9

.2

.3

9.416.719.638.852.8

59.778.6

Gross Federal debt(end of period)

Total

1 169122.548.2

50.757.579.2

142.6204.1

260.1271.0257.1252.0252.6

256.9255.3259.1266.0270.8

274.42727272.3279.7287.5

290.5292.6302.9310.3316.1

322.3328.5340.4368.7365.8

380.9408.2435.9466.3483.9

541.9629.0

643.6706.4776.6828.9

908.5994.3

1,136.81,371.21,564.1

1,817.02,120.12,345.62,600.82,866.2

3,113.33,319.2

Held bythe

public

41.4

42.848.2678

127.8184.8

235.2241.9224.3216.3214.3

219.0214.3214.8218.4224.5

226.62222219.3226.3234.7

236.8238.4248.0254.0256.8

260.8263.7266.6289.5278.1

283.2303.0322.4340.9343.7

394.7477.4

495.5549.1607.1639.8

709.3784.8919.2

1,131.01,300.0

1,499.41,736.21,888.12,050.22,189.3

2,298.72,357.3

Adden-dum:Gross

nationalproduct

88.4

95.8113.01422175.8202.0

212.4212.9223.6247.8263.9

266.8315.0342.4365.6369.5

386.44181440.5450.2481.5

506.751825577587.8629.2

6726739.07946849.4929.5

990.21,055.91,153.11,281.41,416.5

1,522.51,698.2

448.71,933.02,171.82,447.8

2,670.62,986.43,139.13,321.93,687.7

3,952.44,180.94,430.24,792.25,151.3

5,488.95,892.4

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 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 fiscalperiod known as the transition quarter.

Refunds of receipts are excluded from receipts and outlays.See "Budget of the United States Government, Fiscal Year 1991" for additional information.Sources: Department of Commerce (Bureau of Economic Analysis), Department of the Treasury, and Office of Management and

Budget.


TABLE C-77.—Federal receipts, outlays, and debt, fiscal years 1981-91[Millions of dollars; fiscal years]

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

RECEIPTS- ON-BUDGET AND OFF-BUDGET

Individual income taxesCorporation income taxesSocial insurance taxes and contributions

Off-budcet

Excise taxesEstate and gift taxesCustoms dutiesMiscellaneous receipts:

Deposits of earnings by Federal ReserveSystem :

AH other

OUTLAYS- ON-BUDGET AND OFF-BUDGET

National defenseInternational affairsGeneral science space and technologyEnergyNatural resources and environmentAgricultureCommerce and housing credit

On-budgetOff-budget

TransportationCommunity and regional developmentEducation, training, employment, and social serv-

icesHealthMedicareIncome securitySocial security

On-budgetOff-budget

Veterans benefits and services . . .Administration of justiceGeneral governmentNet interest

On-budgetOff-budget

AllowancesUndistributed offsetting receipts

On-budgetOff -budget

1981

599 272678209

-78,936

469,097543013

73916

130 176135,196

5020

994,298

209,507784791

124,466660,325

599 272

285 91761,137

182,720

52545130,176

40,83967878,083

12,834956

678,209

157,513131046,469

15,16613,56811,3238206

8,206

23,37910568

33,7092686639,14999,723

139584

670138,914

229914,762

1143668734

71022-2,288

28041

-26,6111430

1982

617 766745,706

-127,940

474,299594 302

120 003

143 467151,404

7937

1,136,798

217,560919,238

134,497784,741

617 766

297,74449,207

201,498

58,031143,467

36,3117,9918,854

15,186975

745,706

185,309123007,200

13,52712,99815,9446,256

6,256

20,6258,347

27,02927,44546,567

107,717155,964

844155,120

239584,703

1092284,995

87065-2,071

26099

-24,4531646

Act

1983

600 562808,327

-207,764

453,242661 219

207 977

147 320147,108

212

1,371,164

240,1141 131 049

155,527975,522

600 562

288 93837,022

208,994

61674147,320

35,30060538,655

14,4921,108

808,327

209,903118487,9359,353

12,67222,9016,681

6,681

21,3347,560

26,60628,64152,588

122,598170,724

19993150,731

248465,099

1124189774

91619-1,845

33 976

-32,1981778

ual

1984

666 457851 781

-185324

500 382685 968

185 586

166 075165,813

262

1,564,110

264,1591 299 951

155,1221,144,829

666 457

298 41556,893

239,376

73301166,075

37,3616010

11,370

15,6841347

851,781

227,413158768,3177,086

12,59313,6136917

6,917

23,6697673

27,5793041757,540

112,668178,223

7056171,167

256145,660

11821111 058

114368-3,310

31957

-299132044

1985

734 057946 '3 16

-212 260

547886769 509

221 623

186 171176 807

9363

1,816 974

3176121 499 362

169 8061,329,556

734 057

334 53161331

265,163

78992186'l71

359926422

12079

17,0591480

946 316

252 748161768,6275685

13,35725,5654229

4,229

25,8387680

29,3423354265,822

128,200188 623

5189183 434

262926,277

11582129 430

133 548-4118

32698

-30 1892509

1986

769 091990*258

221 167

568 862806 760

237 898

200 228183*498

16731

2 120 082

383 9191 736 163

190 8551,545,308

769 091

348 95963*143

283,901

83673200'228

329196958

13*327

183741510

990 258

273 3751415289764*735

13639314494890

4890

281177233

305853593670164

119,796198 757

8072190 684

263566603

12533135*969

140 2984*329

33007

301502857



TABLE C-77.—Federal receipts, outlays, and debt, fiscal years 1981 -91—Continued[Millions of dollars; fiscal years]

Description

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 . .

RECEIPTS- ON-BUDGET AND OFF-BUDGET .

Individual income taxesCorporation income taxesSocial insurance taxes and contributions

Off -budget

Excise taxesEstate and gift taxesCustoms duties and fees ....Miscellaneous receipts:

Deposits of earnings by Federal Reserve SystemAll other „

OUTLAYS- ON-BUDGET AND OFF-BUDGET

National defenseInternational affairsGeneral science space and technologyEnergyNatural resources and environmentAgricultureCommerce and housing credit

On-budgetOff-budget

TransportationCommunity and regional developmentEducation training employment and social servicesHealth . .MedicareIncome securitySocial security

On-budgetOff-budget

Veterans benefits and servicesAdministration of justiceGeneral governmentNet interest

On-budgetOff-budget

AllowancesUndistributed offsetting receipts

On-budgetOff-budget

Actual

1987

854,1431,003,830

-149,687

640,741809,998

-169,257

213,402193,832

19,570

2,345,578

457,4441,888,134

212,0401,676,094

854,143

392,55783,926

303,318

89,916213,402

32,4577,493

15,085

16,8172,490

1,003,830

281,99911,6499,2164,115

13,36326,6066,182

6,182

26,2225,051

29,72439,96875,120

123,250207,353

4,930202,422

26,7827,5487,569

138,570

143,860-5,290

-36,455

-33,155-3,300

1988

908,9541,064,044

-155,090

667,463861,352

-193,890

241,491202,691

38,800

2,600,753

550,5072,050,245

229,2181,821,027

908,954

401,18194,508

334,335

92,845241,491

35,2277,594

16,198

17,1632,747

1,064,044

290,36110,47110,8412,297

14,60617,21018,808

18,808

27,2725,294

31,93844,49078,878

129,332219,341

4,852214,489

29,4289,2239,474

151,748

159,164-7,416

-36,967

-32,585-4,382

1989

990,6911,142,643

-151,951

727,026931,732

-204,706

263,666210,911

52,754

2,866,188

676,8602,189,328

220,0881,969,240

990,691

445,690103,583359,416

95,751263,666

34,0848,745

16,334

19,6043,235

1,142,643

303,5599,574

12,8383,702

16,18216,94827,719

28,029-310

27,6085,361

36,68448,39084,964

136,031232,542

5,069227,473

30,0669,4229,124

169,137

180,53211395

-37,212

-32,354-4,858

Estimates

1990

1,073,4511,197,236

-123,785

788,017971,452

-183,435

285,434225,784

59,650

3,113,263

814,6112,298,652

1,073,451

489,444112,030385,362

99,928285,434

36,1549,279

16,785

21,0863,311

1,197,236

296,34214,55414,1453,194

17,49914,57122,688

20,3002,388

29,2508,776

37,65257,81996,616

146,601248,462

3,875244,587

28,88810,48910,560

175,591

191,201-15,610

36462

30881-5,581

1991

1,170,2321,233,331

-63,099

855,691997,374

-141,683

314,541235,957

78,584

3,319,161

961,8742,357,287

1,170,232

528,489129,665421,449

106,908314,541

37,6349,809

18,615

21,1073,465

1,233,331

303,25118,17216,6093,029

18,16814,93817,184

15,4631,721

29,7587,825

41,00563,69898,615

153,738264,811

4,722260,089

30,30812,60811,282

172,97^

192,869-19,890

-1,070-43,578

-37,615-5,962

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.See "Budget of the United States Government, Fiscal Year 1991" for additional information.Sources: Department of the Treasury and Office of Management and Budget.


TABLE C-78.—Relation of Federal Government receipts and expenditures in the national income and

product accounts to the budget, fiscal years 1989-91

[Billions of dollars; fiscal years]

Receipts and expenditures

RECEIPTSTotal on-budget and off-budget receipts

Government contributions for employee retirement (grossing)Other netting and grossing .Timing adjustmentsCoverage differences . .

Federal sector national income and product accounts receipts

EXPENDITURESTotal on-budget and off-budget outlays

Lending and financial transactions ... . .Government contributions for employee retirement (grossing)Other netting and grossingTiming adjustmentsBonuses on Outer Continental Shelf land leasesCoverage differences . . . .Other

Federal sector national income and product accounts expenditures

1989

990.7

41.720.1

-4.220

1,046.4

1,142.6

-23.641.720.1

~!9-5.6-.3

1,175.6

Estimate

1990

1,073.5

45.020.1

-8.022

1,128.3

1,197.2

-18.145.020.18.5.6

-6.5-.4

1,246.5

1991

1,170.2

48.323.9

-1:4

1,239.3

1,233.3

-16.948.323.9

.8

.9371.1

1,287.7

Note.-See Note, Table C-76.For further details, see Survey of Current Business, February 1990.Sources: Department of Commerce (Bureau of Economic Analysis), Department of the Treasury, and Office of Management and

Budget.


TABLE C-79.—Federal and State and local government receipts and expenditures, national income and

product accounts, 1929-89


Yearor

quarter

19291933193919401941194219431944194519461947194819491950195119521953 . .. .195419551956195719581959I9601961 . .1962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989 P1982: IV1983- IV1984- IV1985- IV1986- IV1987-1

IIIIIIV

1988:1||IllIV

1989- 1IIIllIV P

Total government

Receipts

11.39.4

15.417.825.032.749.251.253.452.657.859.656.669.485.690.595.090.4

101.6110.2116.7115.7130.3140.4145.9157.9169.8175.6190.2214.4230.8266.2300.1306.8327.3374.0419.6463.1480.0549.1616.6694.4779.8855.1977.2

1,000.81,061.31,172.91,270.81,347.41,464.91,562.71,673.81,008.41,095.31,200.81,299.91,388.41,396.51,479.81,479.41,504.01,519.41,560.21,572.31,598.91,650.11,677.41,675.2

Expendi-tures

10.310.717.618.528.864.193.4

103.192.947.243.451.160.061.479.594.3

102.097.598.5

105.0115.8128.3131.9137.3150.1161.6169.1177.8189.6215.6245.0272.2290.2317.4346.8377.3411.7467.4544.9587.5635.7694.8768.3889.6

1,006.91,111.61,189.91,277.91,402.61,491.51,575.01,658.81,778.71,175.31,208.21,322.91,445.81,519.61,549.71,557.11,572.81,620.41,620.31,649.31,645.01,720.81,748.81,775.31,775.11,815.6

Surplus ordeficit

nationalincome

andproductaccounts

1.0-1.4-2.2-.7

-3.8-31.4-44.2-51.8-39.5

5.414.48.4

-3.48.06.1

-3.8-7.0-7.1

3.15.2.9

-12.61.63.1

-4.3-3.8

-2.3.5

-1.3-14.2-6.0

9.9-10.6-19.5-3.4

7.9-4.3

-64.9-38.4-19.1

-.411.5

-34.5-29.7

-110.81286

-105.01318

-144.1-110.1-96.1

-104.9-166.8-112.9-122.1-145.9-131.3-153.2-77.3-93.5

-116.3-101.0-89.1-72.7

-121.9-98.7-97.9-99.8

Federal Government

Receipts

3.82.76.88.7

15.523.039.341.142.740.744.143.939.450.464.667.770.464.273.178.582.579.390.696.999.0

107.2115.6116.2125.8143.5152.6176.9199.7195.4202.7232.2263.7293.9294.9340.1384.1441.4505.0553.8639.5635.3659.9726.0788.7827.9911.4972.4

1,046.8633.1675.5742.7805.3853.8860.7926.2921.5937.4944.7973.2977.3994.6

1,036.21,053.21,043.2

Expendi-tures

2.74.09.0

10.020.556.185.995.684.737.230.835.542.041.258.171.477.670.368.672.580.289.691.793.9

102.9111.4115.3119.5125.3145.3165.8182.9191.3207.8224.8249.0269.3305.5364.2393.7430.1470.7521.1615.1703.3781.2835.9895.6985.6

1,034.81,072.81,118.31,196.7

835.7844.7930.2

1,017.51,042.81,060.11,063.81,065.51,101.71,096.51,114.71,099.81,162.11,183.71,198.61,187.91,216.7

Surplus ordeficit

nationalincome

andproductaccounts

1.21.3

-2.2-1.3

5.1-33.1-46.6-54.5-42.1

3.513.48.3

-2.69.26.5

-3.7-7.1-6.0

4.46.12.3

-10.3-1.1

3.0-3.9-4.2

.3-3.3

.5-1.8

-13.2-6.0

8.4-12.4-22.0-16.8-5.6

-11.6-69.4-53.5-46.0-29.3-16.1-61.3-63.8

-145.9-176.0-169.6-196.9-206.9-161.4-145.8-149.9-202.6-169.2-187.5-212.2-189.0-199.4

137.7143.9

-164.4-151.8-141.5-122.5-167.6-147.5

145.4-144.7

State and local government

Receipts

7.67.29.6

10.010.410.610.911.111.613.015.417.719.521.323.425.427.429.031.735.038.542.046.650.054.158.663.469.875.585.294.1

107.9120.8135.8153.6179.3196.4213.1239.6270.1300.1330.3355.3390.0425.6449.4487.7540.5581.8626.3656.1701.6746.6459.8505.8554.5598.0637.6637.1658.9659.6668.9684.8699.2706.0716.5732.6742.6750.3

Expendi-tures

7.87.29.69.39.18.88.48.59.0

11.114.417.620.222.523.925.527.330.232.935.939.844.447.049.954.558.262.968.875.584.795.2

107.8119.3134.0151.0165.8182.9205.9235.2254.9273.2301.3327.7363.2391.4414.3440.2475.9516.7563.5604.8651.9701.6424.1449.5489.1531.8579.8590.8598.5609.1620.9634.0646.7656.2670.8683.8695.1705.5721.9

Surplus ordeficit(-),

nationalincome

andproductaccounts

-0.2

.0

.61.31.82.42.72.61.91.0

-J-1.2-.4-.0

.1-1.1-1.3-.9

-1.4-2.4-.4

.1-.4

.5

i!o-.0

.5-1.1

.11.51.82.6

13.513.57.24.5

15.226.928.927.626.834.135.147.564.665.162.851.349.745.035.856.465.466.357.846.360.450.548.050.852.449.845.748.847.544.9

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 C-80.—Federal and State and local government receipts and expenditures, national income andproduct accounts, by major type, 1940-89


Year or quarter

19401941194219431944194519461947194819491950195119521953195419551956195719581959I960196119621963 ..19641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989 "1982: IV1983: IV1984: IV1985: IV1986: IV1987- 1

||IllIV

1988: 1IIIllIV

1989- 1I IIllIV.

Receipts

Total

17.825.032.749.251.253.452.657.859.656.669.485.690.595.090.4

101.6110.2116.7115.7130.3140.4145.9157.9169.8175.6190.2214.4230.8266.2300.1306.8327.3374.0419.6463.1480.0549.1616.6694.4779.8855.1977.2

1,000.81,061.31,172.91,270.81,347.41,464.91,562.71,673.81,008.41,095.31,200.81,299.91,388.41,396.51,479.81,479.41,504.01,519.41,560.21,572.31,598.91,650.11,677.41,675.2

Per-sonaltaxand

nontaxre-

ceipts

2.63.35.9

17.818.920.818.721.421.018.520.628.934.035.532.535.439.742.442.246.150.552.257.060.558.865.274.982.497.7

116.3116.2117.3142.0152.0171.8170.6198.7228.1261.1304.7340.5393.3409.3410.5440.2486.6512.9571.7586.6648.7411.1413.9459.7499.6534.4530.8594.6572.0589.2572.2590.7585.9597.8628.3652.6649.1665.0

Corpo-rate

profitstax ac-cruals

2.87.6

11.414.112.910.79.1

11.312.410.217.922.619.420.317.622.022.021.419.023.622.722.824.026.228.030.933.732.739.439.734.437.741.949.351.850.964.273.083.588.084.881.163.177.293.996.4

106.3124.7137.9129.059.888.187.099.8

113.1115.0124.0132.7127.3129.0138.4141.2143.2144.4134.9122.6

In-directbusi-nesstaxandnon-taxac-

cruals

10.111.311.812.814.215.517.118.420.121.323.425.327.729.729.632.235.037.438.641.745.348.051.554.658.762.565.270.178.786.394.0

103.4111.1120.8129.0140.0151.7165.7178.1189.4213.3251.5258.8282.6313.9333.6348.9367.8393.5416.7264.5294.1322.7338.3353.1357.9364.5372.1376.6384.3390.1397.0402.7407.7413.4421.5424.2

Contri-butions

forsocialinsur-ance

2.42.83.54.65.26.37.76.76.06.67.48.89.39.6

10.612.013.515.515.918.821.922.925.428.530.131.640.645.550.457.962.268.979.097.6

110.5118.5134.5149.8171.7197.8216.5251.2269.6291.0324.9354.1379.2400.8444.6479.3273.0299.2331.5362.1387.7392.8396.8402.6411.0434.0441.1448.2455.2469.7476.4482.0489.2

Expenditures

Total *

18.528.864.193.4

103.192.947.243.451.160.061.479.594.3

102.097.598.5

105.0115.8128.3131.9137.3150.1161.6169.1177.8189.6215.6245.0272.2290.2317.4346.8377.3411.7467.4544.9587.5635.7694.8768.3889.6

1,006.91,111.61,189.91,277.91,402.61,491.51,575.01,658.81,778.71,175.31,208.21,322.91,445.81,519.61,549.71,557.11,572.81,620.41,620.31,649.31,645.01,720.81,748.81,775.31,775.11,815.6

Pur-chases

of goodsandserv-ices

14.225.059.988.997.183.029.126.432.639.038.860.475.882.876.075.379.787.395.497.9

100.6108.4118.2123.8130.0138.6158.6179.7197.7207.3218.2232.4250.0266.5299.1335.0356.9387.3425.2467.8530.3588.1641.7675.0735.9820.8872.2926.1968.9

1,036.7671.8676.1764.5856.7888.9906.9916.8933.2947.5945.7960.1958.6

1,011.41,016.01,033.21,038.91,058.6

Trans-fer

pay-ments

2.72.62.72.43.06.0

13.113.114.516.918.014.814.315.117.118.519.422.226.527.629.433.734.836.838.341.346.054.762.969.784.199.8

111.3127.0150.9189.6207.2221.6239.5268.0319.2362.2404.0435.1448.7481.2510.8533.9568.6614.1429.7441.1458.5490.0520.2523.3532.2534.9545.0559.2563.4569.7581.9597.1606.4618.3634.4

Net interest paid

Total

1.21.21.41.92.43.24.14.24.24.34.44.54.54.64.74.75.25.65.46.36.96.46.97.47.98.18.58.9

10.311.512.412.512.915.216.518.823.225.128.230.836.352.260.168.187.297.7

101.2104.1111.1128.561.474.296.198.8

100.8101.6102.0104.5108.5105.4109.»113.4115.9125.3129.6128.2130.8

Inter-estpaid

10.19.9

10.811.612.513.214.515.718.119.822.323.124.829.633.637.743.647.956.568.283.2

109.1128.3145.1173.5194.2206.1216.0233.7258.0133.2154.7185.3199.5207.0209.8212.9217.7223.8229.3230.2235.0240.4251.1257.0259.7264.2

Less:Inter-

est re-ceived

bygovern-ment2

3.33.53.94.24.65.16.06.87.78.39.9

10.611.914.317.118.920.422.828.337.546.956.968.177.186.396.5

104.9111.9122.6129.571.880.589.2

100.7106.2108.3110.9113.2115.3123.9120.3121.6124.5125.8127.4131.5133.4

Less:Divi-

dendsre-

ceivedby

govern-ment2

oii".2.2

'.3.5.9.9.9

1.31.72.01.92.32.92.83.54.55.56.78.39.73.12.94.04.95.96.36.66.87.17.58.28.58.89.19.5

10.110.0

Subsi-dieslesscur-rentsur-

plus ofgovern-

mententer-prises

0.4

!l

!e19

-.2-.1

.1-.1-.3

-'.3.0

'.71.1.1.4

1.71.81.11.71.62.51.61.41.92.92.63.73.51.22.41.03.03.93.55.76.78.7

14.19.97.2

12.817.618.59.1

15.419.68.45.3

15.624.112.87.2

26.217.624.011.820.419.515.5_ 31.8

Surplusor

deficit(-),

na-tional

incomeand

prod-uct ac-counts

-0.738

-31.4-44.2-51.8-39.5

5.414.48.4348.06.138

-7.0713.15.2.9

126-1.6

3.143

-3.8.7

23

13-14.2-6.0

9.9-10.6-19.5-3.4

7.9-4.3649

-38.4-19.1

-.411.5

-34.5-29.7

-110.8-128.6-105.0-131.8-144.1-110.1-96.1

-104.9-166.8-112.9-122.1-145.9-131.3-153.2-77.3-93.5

-116.3-101.0-89.1-72.7

-121.9-98.7-97.9-99.8

Adden-dum:

Grants-in-aid

toStateandlocal

govern-ments

0.9.8.9.9.9.9

1.11.72.02.22.32.52.62.82.93.13.34.25.66.86.57.28.09.1

10.411.114.415.918.620.324.429.037.540.643.954.661.167.577.380.588.787.983.986.293.699.7

106.8102.6111.4119.684.586.096.3

103.5103.0101.3105.2101.7102.2110.1112.2111.0112.2118.7118.4118.3123.0

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


TABLE C-81.—Federal Government receipts and expenditures, national income and product accounts,

1968-91


Year orquarter

Fiscal: 219681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990s

19913

Calendar:1968196919701971197219731974197519761977197819791980198119821983198419851986198719881989 *1982: IV...1983: IV...1984: IV ...1985: IV ...1986: IV...1987: 1

II . . .I I I . .IV..

1988: 1II. . .I I I . .IV..

1989: 1II. . .I I I . .IV.

Receipts

Total

162.1192.5198.0196.2217.9245.3277.2290.5322.6374.7424.3491.2538.6623.8643.3645.7711.9776.8815.2897.3958.6

1,046.41,128.31,239.3

176.9199.7195.4202.7232.2263.7293.9294.9340.1384.1441.4505.0553.8639.5635.3659.9726.0788.7827.9911.4972.4

1,046.8633.1675.5742.7805.3853.8860.7926.2921.5937.4944.7973.2977.3994.6

1,036.21,053.21,043.2

Personaltax andnontaxreceipts

71.490.294.087.9

100.5107.5122.7127.5137.1165.9186.5222.9250.7289.6310.0292.5302.5340.4357.0401.2408.0457.3495.7539.7

79.795.192.690.3

108.2114.7131.3125.9147.3169.8194.9231.0257.9298.9304.5294.5310.3346.4361.4405.8413.0460.6303.0291.9326.0355.3376.2370.9424.4408.1420.0402.7417.5411.4420.3446.8465.1459.1471.6

Corpo-rate

profitstax

accruals

33.136.832.931.934.240.943.442.152.159.067.875.770.269.452.155.775.374.681.197.7

108.3115.4127.3147.8

36.136.130.633.536.643.345.143.654.661.671.474.470.365.749.061.375.276.383.8

101.0111.4104,946.470.269.778.888.993.2

100.4107.4103.1104.2111.6114.0115.8117.0109.799.9

Indirectbusinesstax andnontax

accruals

17.018.619.120.019.820.621.322.124.224.527.129.035.353.450.050.254.955.950.953.455.857.659.866.8

17.918.919.220.319.921.121.623.823.325.028.029.338.856.248.151.655.755.150.553.856.758.647.653.656.253.550.852.754.253.854.555.955.957.457.858.058.259.458.6

Contri-butions

forsocialinsur-ance

40.646.952.056.563.476.389.898.8

109.1125.4142.9163.6182.3211.4231.1247.3279.2305.8326.1345.0386.4416.1445.5484.9

43.249.652.958.767.584.695.9

101.6115.0127.7147.0170.3186.8218.8233.7252.5284.7310.9332.1350.8391.3422.6236.1259.8290.7317.7337.9344.0347.2352.2359.7382.0388.2394.5400.6414.3420.2424.8431.1

Expenditures

Total1

174.4187.3198.7216.8237.1260.4283.9335.7378.9419.6459.9506.4589.0682.4755.9832.4873.0962.3

1,028.01,060.41,104.01,175.61,246.51,287.7

182.9191.3207.8224.8249.0269.3305.5364.2393.7430.1470.7521.1615.1703.3781.2835.9895.6985.6

1,034.81,072.81,118.31,196.7

835.7844.7930.2

1,017.51,042.81,060.11,063.81,065.51,101.71,096.51,114.71,099.81,162.11,183.71,198.61,187.91,216.7

Purchases ofgoods andservices

Total

97.0100.399.898.3

104.4105.3109.3123.9132.2146.8158.6173.1199.9231.8264.4287.4297.2341.5368.6375.5378.6400.5419.8430.0

100.1100.098.899.8

105.8106.4116.2129.2136.3151.1161.8178.0208.1242.2272.7283.5310.5355.2366.5381.6381.3404.1293.2276.1326.0376.6368.8375.6378.2384.5388.1374.1377.1367.5406.4399.0406.0402.7408.8

Nationaldefense

77.078.578.275.776.277.178.886.391.599.2

106.3117.7137.2160.7187.3210.4228.5252.7275.4289.9297.0302.4307.5309.1

79.178.976.874.177.477.582.689.693.4

100.9108.9121.9142.7167.5193.8214.4234.3259.1277.8294.8298.0302.8205.4221.5244.1268.6280.7288.0294.0300.2296.8297.4298.0296.1300.5298.7301.3307.8303.4

Transferpayments

Toper-sons

42.948.955.368.176.587.6

102.3131.9154.3167.1179.3198.5235.4274.6305.6339.8342.2360.6380.4399.4420.2448.3484.6507.7

46.250.861.673.080.993.7

115.0146.8159.3170.1182.4205.6247.0282.1316.3340.1344.2366.7386.0401.9425.4458.9337.9340.3346.6370.3391.3396.5402.6403.3405.2421.5424.2426.3429.4448.9455.7461.6469.4

To for-eign-ers

2.22.32.22.53.02.83.23.73.74.14.45.15.86.77.27.79.9

13.414.311.812.413.413.413.3

2.32.22.32.72.92.93.64.04.44.24.75.26.56.57.88.5

10.713.413.912.412.913.79.5

12.215.515.514.510.611.211.016.711.410.211.718.211.511.114.118.2

Grants-in-aid

toStateandlocalgov-ern-

ments

17.819.222.626.832.640.441,648.457.566.374.779.186.790.183.485.790.797.8

107.4103.1108.6115.8126.6136.4

18.620.324.429.037.540.643.954.661.167.577.380.588.787.983.986.293.699.7

106.8102.6111.4119.684.586.096.3

103.5103.0101.3105.2101.7102.2110.1112.2111.0112.2118.7118.4118.3123.0

Netinter-estpaid

10.412.013.514.114.015.719.621.725.128.533.540.750.866.782.290.6

109.7128.3134.6138.8149.0168.6176.2175.1

11.312.714.113.814.418.020.723.026.829.135.242.553.372.484.694.3

115.6130.1135.6141.7151.4171.187.2

101.0125.3132.7136.0137.8139.1142.5147.3144.9149.9153.9157.0167.0172.0171.2174.4

Subsi-diesless

currentsurplus

ofgovern-

mententer-prises

4.14.75.57.06.59.17.75.96.26.99.79.9

10.412.513.020.923.320.722.831.935.129.125.825.3

4.55.26.56.37.97.85.66.95.88.29.59.2

11.512.316.022.921.220.326.032.636.029.223.429.121.019.029.238.427.522.741.934.441.229.438.938.535.320.122.8

Surplusor

deficit( ),

nationalincome

andproductaccounts

-12.35.2

-2()!5-19.2-15.2-6.8

-45.3-56.3-44.8-35.6-15.2-50.4-58.5

-112.6-186.7-161.0-185.5-212.8-163.1-145.4-129.2-118.2-48.4

-6.08.4

-12.4-22.0-16.8-5.6

-11.6-69.4-53.5-46.0-29.3-16.1-61.3-63.8

-145.9-176.0-169.6-196.9-206.9-161.4-145.8-149.9-202.6-169.2-187.5-212.2-189.0-199.4-137.7-143.9-164.4-151.8-141.5-122.5-167.6-147.5-145.4-144.7

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 yearis 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.

3 Estimates.Sources: Department of Commerce (Bureau of Economic Analysis) and Office of Management and Budget.


TABLE C-82.—State and local government receipts and expenditures, national income and product accounts,

1946-89


Yearor

quarter

1946194719481949

1950195119521953195419551956195719581959

I960196119621963196419651966196719681969

19701971197219731974197519761977197819791980198119821983198419851986198719881989"1982: IV1983- IV1984- IV1985: IV1986- IV1987- 1

||IllIV

1988- 1||IllIV

1989- 1III l lIV

Receipts

Total

13.015.417.719.521.323.425.427.429.031.735.038.542.046.650.054.158.663.469.875.585.294.1

107.9120.8135.8153.6179.3196.4213.1239.6270.1300.1330.3355.3390.0425.6449.4487.7540.5581.8626.3656.1701.6746.6

459.8505.8554.5598.0637.6

637.1658.9659.6668.9

684.8699.2706.0716.5732.6742.6750.3

Personaltax andnontaxreceipts

1.51.72.12.42.52.83.03.23.53.94.55.05.46.26.87.58.49.0

10.211.313.215.018.021.123.627.033.837.340.544.751.558.366.273.782.694.5

104.9116.1129.8140.2151.5165.8173.7188.1108.1122.0133.6144.3158.2159.9170.2163.9169.2169.5173.3174.5177.5181.5187.5190.0193.4

Corpo-rate

profitstax

accruals

0.5.6

!6.8.9.8.8.8

1.01.01.01.01.21.21.31.51.71.82.02.22.63.33.63.74.35.36.06.77.39.6

11.412.113.614.515.414.015.918.720.222.523.726.524.113.417.917.321.024.221.823.525.324.224.826.727.227.427.425.222.8

Indirectbusinesstax andnontax

accruals

9.310.712.213.314.615.917.418.819.921.623.825.727.229.332.034.437.039.442.646.149.753.960.867.474.883.191.299.6

107.4116.2128.4140.7150.0160.1174.5195.3210.8231.0258.2278.5298.5314.0336.8358.1216.9240.5266.5284.8302.3

305.3310.3318.2322.1328.3334.1339.7344.9349.7355.3362.1365.5

Contribu-tions for

socialinsurance

0.6.7.8.9

1.11.41.61.72.02.12.32.62.83.13.43.73.94.24.75.05.76.77.28.39.2

10.211.513.014.616.819.522.124.727.429.732.535.838.540.243.247.150.053.356.736.939.440.744.449.848.849.650.451.252.052.953.754.655.456.257.158.1

Federalgrants-in-

aid

1.11.72.02.22.32.52.62.82.93.13.34.25.66.86.57.28.09.1

10.411.114.415.918.620.324.429.037.540.643.954.661.167.577.380.588.787.983.986.293.699.7

106.8102.6111.4119.684.586.096.3

103.5103.0101.3105.2101.7102.2110.1112.2111.0112.2118.7118.4118.3123.0

Expenditures

Total1

11.114.417.620.222.523.925.527.330.232.935.939.844.447.049.954.558.262.968.875.584.795.2

107.8119.3134.0151.0165.8182.9205.9235.2254.9273.2301.3327.7363.2391.4414.3440.2475.9516.7563.5604.8651.9701.6424.1449.5489.1531.8579.8

590.8598.5609.1620.9

634.0646.7656.2670.8

683.8695.1705.5721.9

Pur-chases

ofgoods

andservices

9.912.815.318.019.821.823.124.827.730.333.336.940.843.346.150.253.558.163.569.978.287.097.6

107.2119.4132.5144.2160.1182.9205.9220.6236.2263.4289.9322.2345.9369.0391.5425.3465.6505.7544.5587.6632.5378.7400.0438.5480.1520.1531.4538.6548.7559.4

571.6583.0591.0604.9

617.0627.2636.2649.8

Trans-fer

pay-ments

toper-sons

1.72.33.03.03.63.13.53.63.84.04.24.65.15.65.96.57.07.58.28.8

10.112.114.516.720.124.027.530.432.338.943.647.452.457.265.773.679.986.593.7

101.1110.9119.6130.3141.482.388.796.4

104.2114.4116.2118.4120.6123.1126.3129.0131.7134.3136.7139.6142.7146.7

Netinterest

paidlessdivi-

dendsreceived

0.2.1

!l.1.0.0.0.1.1.1.1.1.1.1.1

!l-.1-.3-.6-.9

-1.1-1.3-2.0-1.6-1.8-3.3-5.0-5.1-4.5-5.3-8.7

-13.8-18.9-22.4-27.4-29.0-31.9-37.0-39.9-44.2-48.5-52.3-28.9-29.7-33.2-38.8-41.1-42.5-43.8-44.8-45.9-47.1-48.1-49.0-49.9-50.9-51.8-53.0-53.6

Subsi-diesless

currentsurplus

ofgovern-

mententer-prises

07-.8

8-.9-.9

-1.0-1.1-1.2-1.3-1.5-1.6-1.7-1.7-2.0-2.2-2.3-2.5-2.8-.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

5.6-7.3-8.8

-11.3-13.1-13.2-15.1

17.5-20.0-8.0-9.4

-12.6-13.7

13.614.4

-14.7-15.5-15.7

16.8-17.1-17.6-18.5-19.0-19.8

20.4-21.0

Surplusor

deficit(-),

nationalincome

andproduct

accounts

1.91.0.1

-1.2-.4

.0

.1-1.1-1.3-.9

-1.4-2.4_ 4

.1-.4

.5

.51.0.0.5

-1.1.1

1.51.82.6

13.513.57.24.5

15.226.928.927.626.834.135.147.564.665.162.851.349.745.035.856.465.466.357.846.360.450.548.050.852.449.845.748.847.544.9

1 Includes an item for the difference between wage accruals and disbursements, not shown separately.Source: Department of Commerce, Bureau of Economic Analysis.


TABLE C-83.—State and local government revenues and expenditures, selected fiscal years, 1927-88

[Millions of dollars]

Fiscal year 1

19271932193419361938

19401942194419461948

1950195219531954

19551956195719581959

I9601961196219631962-631963-641964-65

1965-661966-671967-681968-691969-70

1970-711971-721972-731973-741974-751975-761976-771977-781978-791979-80

1980-811981-821982-831983-841984-85

1985-861986-871987-88

General revenues by source2

Total

7,2717,2677,6788,3959,228

9,60910,41810,90812,35617,250

20,91125,18127,30729,012

31,07334,66738,16441,21945,306

50,50554,03758,25262,890

62,26968,44374,000

83,03691,197101,264114,550130,756

144,927167,541190,222207,670228,171256,176285,157315,960343,279382,322423,404457,654486,753542,730598,121

641,486685,561727,145

Propertytaxes

4,730

4,4874,0764,0934,440

4,4304,5374,6044,9866,1267,3498,6529,3759,967

10,73511,74912,86414,04714,983

16,40518,00219,05420,089

19,83321,24122,583

24,67026,04727,74730,67334,054

37,85242,87745,28347,70551,49157,00162,52766,42264,94468,499

74,96982,06789,10596,457103,757

111,709121,318132,240

Salesandgross

receiptstaxes

470752

1,0081,4841,7941,9822,3512,2892,9864,442

5,1546,3576,9277,276

7,6438,6919,4679,82910,437

11,84912,46313,49414,456

14,44615,76217,118

19,08520,53022,91126,51930,322

33,23337,51842,04746,09849,81554,54760,64167,59674,24779,927

85,97193,613100,247114,097126,376

135,005143,816156,257

Indi-vidualincometaxes

707480153218224276342422543788998

1,0651,1271,2371,5381,7541,7591,994

2,4632,6133,0373,269

3,2673,7914,090

4,7605,8257,3088,90810,812

11,90015,22717,99419,49121,45424,57529,24633,17636,93242,080

46,42650,73855,12964,52970,361

74,36583,76188,349

Corpo-rationnet

incometaxes

92

7949113165156272451447592593846817778744890984

1,0181,0011,1801,2661,3081,5051,5051,6951,9292,0382,2272,5183,1803,738

3,4244,4165,4256,0156,6427,2739,17410,73812,12813,321

14,14315,02814,25817,14119,152

19,99422,42423,741

fromFederalGovern-ment

116232

1,016948800945858954855

1,8612,4862,5662,8702,966

3,1313,3353,8434,8656,377

6,9747,1317,8718,722

8,66310,00211,029

13,21415,37017,18119,15321,857

26,14631,34239,26441,82047,03455,58962,44469,59275,16483,02990,29487,28290,00796,935106,158

113,099114,996117,602

Allother8

1,7931,6431,4491,6041,8111,8722,1232,2692,6613,685

4,5415,7636,2526,897

7,5848,4659,2529,69910,516

11,63412,56313,48914,850

14,55615,95117,250

19,26921,19723,59826,11829,971

32,37436,16240,21046,54151,73557,19161,12468,43679,86495,466

111,599128,926138,008153,570172,317

187,314199,247208,956

General expenditures by function2

Total

7,2107,7657,1817,6448,757

9,2299,1908,86311,02817,684

22,78726,09827,91030,701

33,72436,71140,37544,85148,887

51,87656,20160,20664,816

63,97769,30274,678

82,84393,350102,411116,728131,332

150,674168,549181,357198,959230,721256,731274,215296,984327,517369,086

407,449436,733466,516505,008553,899

605,623656,064704,897

Educa-tion

2,235

2,3111,8312,1772,491

2,6382,5862,7933,3565,379

7,1778,3189,39010,557

11,90713,22014,13415,91917,283

18,71920,57422,21623,776

23,72926,28628,563

33,28737,91941,15847,23852,718

59,41365,81469,71475,83387,85897,216102,780110,758119,448133,211

145,784154,282163,876176,108192,686

210,819226,658242,683

High-ways

1,8091,7411,5091,4251,6501,5731,4901,2001,6723,036

3,8034,6504,9875,527

6,4526,9537,8168,5679,592

9,4289,84410,35711,136

11,15011,66412,221

12,77013,93214,48115,41716,427

18,09519,02118,61519,94622,52823,90723,05824,60928,44033,311

34,60334,52036,65539,41944,989

49,36852,19955,621

Publicwelfare

151444889827

1,0691,1561,2251,1331,4092,099

2,9402,7882,9143,060

3,1683,1393,4853,8184,1364,4044,7205,0845,4815,4205,7666,3156,7578,2189,85712,11014,679

18,22621,11723,58225,08528,15532,60435,90639,14041,89847,288

54,10557,99660,90666,41471,479

75,86882,52089,101

Allother4

3,0153,2692,9523,2153,547

3,8623,8893,7374,5917,1708,86710,34210,61911,557

12,19713,39914,94016,54717,876

19,32521,06322,54924,423

23,67825,58627,579

30,02933,28136,91541,96347,508

54,94062,59769,44678,09692,180103,004112,472122,477137,731155,277

172,957189,935205,079223,068244,745

269,568294,687317,492

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 governmental administration, interest on general debt, andgeneral expenditures, n.e.c.

Note.—Data for fiscal years listed from 1962-63 to 1987-88 are the aggregations of data for government fiscal years which endedin the 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.Source.- Department of Commerce, Bureau of the Census.


TABLE C-84.—Interest-bearing public debt securities by kind of obligation, 1967-89

[Millions of dollars]

End of yearor month

Fiscal year:196719681969

19701971197219731974

197519761977 ,19781979

19801981198219831984

19851986198719881989 .

1988- Jan .FebMar

MayJune



JulyAURSeptOctNovDec

Total linterest-bearingpublicdebt

securities

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

2,435,1342,469,2352,484,9082,488,2312,517,1352,544,998

2,539,4032,573,3202,599,8772,621,9352,655,9002,663,082

2,695,3332,720,2462,738,2912,742,4472,775,0022,797,407

2,798,0192,834,0022,836,3092,898,8342,921,1762,931,786

Marketable

Total »

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

1,360,17911,564,3291 1,675,9801 1,802,9051 1,892,7631 1,719,3101 1,746,1821 1,758,670* 1,744,7911 1,762,4571 1,769,9271 1,761,7951 1,790,7121 1,802,9051 1,810,8521 1,837,8911 1,821,2811 1,846,2221 1,859,9481 1,871,730* 1,858,0911 1,878,4071 1,877,2951 1,873,160* 1,905,1871 1,892,7631 1,939,5791 1,958,2741 1,945,409

Treasurybills

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

390,031390,001392,647386,046383,142382,292

382,708393,392398,451403,692419,926413,970

416,263416,170417,020410,513406,482397,069

391,454409,287406,597428,022433,718430,648

Treasurynotes

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

1,031,9661,050,0481,059,9101,052,6531,064,5301,072,706

1,064,1701,082,4221,089,5781,092,4511,094,2401,083,595

1,106,2541,110,4761,121,4221,114,2991,129,0251,137,180

1,138,6641,142,9151,133,1931,158,5901,161,3371,151,548

Treasurybonds

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

282,468291,288291,268291,247299,940299,929

299,916299,898299,875299,863308,879308,871

308,860318,457318,443318,435328,055328,046

328,042337,985337,974337,967348,219348,213

Nonmarketable

Total

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

715,824723,053726,238743,440754,678775,072

777,608782,607796,972811,083818,009841,801

849,111860,299866,561884,357896,596920,112

924,859928,815943,546959,254962,902986,377

U.S.savingsbonds

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

100,515101,528102,343103,421103,978104,515

105,141105,486106,176106,893107,360107,624

108,694109,504110,364110,931111,630112,284

112,676113,349114,025114,561115,316115,692

Foreigngovern-mentand

publicseries 2

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

3,9173,7166,1346,1355,6265,710

5,9077,5896,3206,8776,6976,645

6,8896,8186,6666,5166,2366,152

6,2076,1126,8186,7656,5476,786

Govern-ment

accountseries

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

472,625475,873474,450490,107500,706517,472

519,516522,220536,455548,402552,609575,593

582,245590,025594,662611,624622,746645,236

649,841650,585663,677671,540673,261695,649

Other 3

2,7312,8283,051

4,0685,7593,6543,7014,289

3,6444,88316,79727,06727,400

24,16423,71824,08535,59341,843

63,255102,804129,758148,023159,025

138,767141,936143,311143,778144,370147,374

147,044147,312148,023148,911151,344151,941

151,283153,952154,868155,286155,984156,440

156,135158,769159,025166,389167,778168,250

1 Includes Federal Financing Bank securities, not shown separately, in millions of dollars-. 15,000 in September 1986-September 1987;14,845 in October 1987-May 1988; 15,000 in June-September 1988; 14,845 in October 1988-May 1989; and 15,000 in June-December1989.2 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 specialissues 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 fiscal

year is on an October 1-September 30 basis.Source-. Department of the Treasury.


TABLE C-85.—Maturity distribution and average length of marketable interest-bearing public debt securitiesheld by private investors, 1967-89

End of year or month

Fiscal year:196719$81969

19701971197219731974

19751976197719781979

19801981198219831984

19851986198719881989


Julv*izzzzzSeptOctNovDec



Amountout-

standing,private*

Maturity class

Within1 year

Ito5years

5 to 10years

10 to 20years

20 yearsand over

Millions of dollars

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

1,483,1351,510,7781,522,7451,496,8961,520,9091,523,776

1,520,3031,549,3981,555,2081,566,8551,586,8341,566,208

1,594,9361,612,0961,624,7341,596,0071,636,5131,627,010

1,635,9621,669,2571,654,6601,702,8891,716,6301,700,367

56,56166,74669,311

76,44374,80379,50984,04187,150

115,677151,723161,329163,819181,883

220,084256,187314,436379,579437,941

472,661506,903483,582524,201546,751

506,561511,150514,363507,457507,638508,031

508,332521,960524,201529,869542,246534,093

538,115543,397545,238533,604541,600523,893

530,571552,478546,751572,032576,994571,619

53,58452,29550,182

57,03558,55757,15754,13950,103

65,85289,151113,319132,993127,574

156,244182,237221,783294,955332,808

402,766467,348526,746552,993578,333

522,336542,026542,609528,078544,505540,794

535,847555,299552,993557,662566,827548,110

571,029574,598576,867563,966586,581586,945

588,828595,'471578,333600,397604,131585,902

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

224,032218,633226,733224,286222,586229,204

229,946225,965232,453233,211223,027229,790

231,204230,003238,531235,318235,937243,777

244,168239,160247,428248,311243,296251,333

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

73,94773,94474,01573,38273,22873,131

73,22674,57174,18674,56677,94577,683

77,82077,82077,82077,54080,61680,616

80,61680,61680,61680,61783,79183,749

12,96812,67012,337

8,2727,6456,9224,5643,481

4,611665210,53114,80520,304

22,67930,12737,05848,09766,658

88,012119,365153,016171,375201,532

156,259165,025165,025163,639172,952172,616

172,952171,603171,375171,547176,789176,532

176,768186,278186,278185,579191,779191,779

191,779201,532201,532201,532208,418207,764

Average length

Years

544

33332

22233

34344

45556

555555

555555

555566

566566

Months

152

863111

871137

901116

113990

910991110

1010981010

911101000

11001000

Note.-AII 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.Source: Department of the Treasury.


TABLE C-86.—Estimated ownership of public debt securities by private investors, 1976-89

[Par values;1 billions of dollars]

End of month

1976:JuneDec

1977:JuneDec

1978:JuneDec

1979:JuneDec

1980:JuneDec

1981:JuneDec

1982:JuneDec

1983:JuneDec

1984:MarJuneSeptDec

1985:MarJuneSeptDec.'.:;:::;.:;:::.:...

1986:MarJuneSeptDec

1987:MarJuneSept . ...Deb

1988:MarJuneSeptfeb

1989: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

1,073.01,102.21,154.11,212.5

1,254.11,292.01,338.21,417.2

1,473.11,502.71,553.31,602.0

1,641.41,657.71,682.61,745.2

1,778.21,784.91,819.01,852.8

1,900.21,905.41,954.6

Commer-cial

banks2

91.4103.5

102.798.9

97.895.0

86.188.1

97.4112.1

119.7111.4

116.1131.4

171.6188.8

192.9185.4184.6186.0

197.8201.6203.6198.2

201.7200.6200.9203.5

199.9199.4205.2201.5

203.3198.3199.2193.8

200.9206.7

Nonbank investors

Total

285.0306.0

318.3362.4

380.0413.6

430.5452.4

460.8504.3

531.5583.1

624.8717.0

777.0833.8

880.1916.8969.5

1,026.5

1,056.31,090.41,134.61,219.0

1,271.41,302.11,352.41,398.5

1,441.51,458.31,477.41,543.7

1,574.91,586.61,619.81,659.0

1,699.31,698.7

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

136.2142.2142.4143.8

145.1148.7151.4154.8

157.8159.5158.0162.7

162.8165.2167.0171.3

176.7180.1184.5186.6

195.1203.1

Savingsbonds*

69.672.0

74.476.7

79.180.7

80.679.9

73.472.5

69.268.1

67.468.3

69.771.5

72.272.973.774.5

75.476.778.279.8

81.483.887.192.3

94.796.898.5

101.1

104.0106.2107.8109.6

112.2114.0115.7

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

64.069.368.769.3

69.772.073.275.0

76.475.770.970.4

68.168.468.570.2

72.773.976.777.0

82.989.1

Insur-ance

X

14.416.2

18.119.9

19.720.0

20.921.4

22.324.0

26.429.0

35.844.1

54.065.3

66.164.256.564.5

66.569.171.478.5

84.088.696.4

105.6

107.8104.0104.6104.9

106.1107.8109.6111.2

112.5

Moneymarketfunds

0.81.1

.8

.9

1.31.5

3.85.6

5.33.5

9.021.5

22.442.6

28.322.8

19.414.913.625.9

26.724.822.725.1

29.922.824.928.6

18.820.615.514.6

15.213.411.111.8

13.011.612.4

Corpora-tions6

23.323.5

22.118.2

17.317.3

18.617.0

14.019.3

19.917.9

17.624.5

32.839.7

42.645.347.750.1

50.854.959.059.0

59.661.265.768.8

73.579.781.884.6

86.387.685.986.5

89.290.7

State andlocal

govern-ments6

34.240.9

50.358.1

70.076.1

78.781.7

83.387.9

94.296.8

103.3115.0

127.4149.0

155.0162.9170.0173.0

177.0190.3203.0226.7

225.6227.1251.2262.8

264.6268.7273.0284.6

291.4297.2305.7313.6

320.4322.1

.trinterna-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

166.3171.6175.5192.9

199.4213.8222.9224.8

232.6250.9265.5263.4

272.8281.1279.5299.7

332.5345.4345.9362.1

375.6367.9393.5

Otherinves-tors8

46.444.6

34.247.9

43.251.6

78.189.7

101.2122.8

138.0170.5

194.4224.8

253.1257.3

294.5315.7363.7376.3

390.8388.8404.2450.1

481.9492.0490.7506.6

541.2539.0556.0584.0

566.7555.1577.1587.2

593.5

1 U.S. savings bonds, series A-F and J, are included at current redemption value.* 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.« 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 pension funds.7 Consists of the investment of foreign balances and international accounts in the United States.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 agencies.Source: Department of the Treasury.


CORPORATE PROFITS AND FINANCE

TABLE C-87.—Corporate profits with inventory valuation and capital consumption adjustments, 1929-89


Year or quarter

192919331939

1940194119421943194419451946194719481949195019511952195319541955195619571958 .1959

1960196119621963196419651966196719681969 .1970197119721973197419751976197719781979

19801981 .198219831984 .19851986 „198719881989"1982- IV ....1983- IV1984- IV1985- IV1986- IV1987- 1

IIHIIV

1988- 1||IllIV

1989- 1||HIIV

Corporateprofits withinventoryvaluation

and capitalconsumptionadjustments

9.6-1.5

5.58.8

14.319.724.024.219.717.222.930.328.034.939.937.537.736.647.145.745.340.351.449.550.358.363.670.781.386.684.190.787.474.787.1

100.7113.3101.7117.6145.2174.8197.2200.1177.2188.0150.0213.7266.9282.3282.1298.7328.6298.2146.1248.5266.9291.4275.2279.9293.7313.0308.2318.1325.3330.9340.2316.3307.8295.2

Corporateprofits tax

liability

1.4

L42.87.6

11.414.112.910.79.1

11.312.410.217.922.619.420.317.622.022.021.419.023.622.722.824.026.228.030.933.732.739.439.734.437.741.949.351.850.964.273.083.588.084.8B1.163.177.293.996.4

106.3124.7137.9129.059.888.187.099.8

113.1115.0124.0132.7127.3129.0138.4141.2143.2144.4134.9122.6

Corporate profits after tax with inventoryvaluation and capital consumption adjustments

Total

8.2-2.1

4.05.96.78.39.9

11.29.08.0

11.717.817.817.017.318.117.419.025.123.823.821.427.826.827.634.337.442.750.452.951.451.447.740.349.358.864.149.966.781.0

101.8113.7112.192.4

106.886.9

136.5173.0185.9175.8174.0190.7169.286.3

160.4179.9191.5162.1164.9169.8180.3180.9189.1187.0189.7196.9171.9172.9172.6

Dividends

5.82.03.84.04.44.34.44.64.65.66.37.07.28.88.58.58.89.1

10.311.111.511.312.212.913.314.415.517.319.119.420.222.022.522.522.924.427.029.729.634.639.544.750.154.763.666.971.579.083.391.398.7

110.4122.168.573.980.884.093.695.096.9

100.0102.8105.7108.6112.2115.2118.5120.9123.3125.6

Undistributedprofits with

inventoryvaluation

and capitalconsumptionadjustments

2.4-4.1

.31.92.34.05.56.64.42.55.4

10.810.68.28.89.68.69.8

14.812.712.310.115.613.914.219.921.925.331.333.531.229.425.217.926.434.437.020.237.146.462.369.062.037.743.220.065.094.0

102.684.575.380.347.117.986.599.1

107.668.569.972.980.478.183.478.377.681.753.452.049.3



TABLE C-88.—Corporate profits by industry, 1929-89


Year orQuarter

192919331939

194019411942194319441945194619471948194919501951.1952195319541955.1956195719581959I9601961196219631964196519661967196819691970197119721973197419751976197719781979

1980198119821983198419851986198719881989 »1982: IV1983: IV1984: IV1985: IV1986: IV1987: 1

IIiii! "!".IV

1988: 1IIHIIV

1989: 1||Ill

Corporate profits with inventory valuation adjustment and without capital consumption adjustment

Total

10.5-1.2

6.59.8

15.420.524.524.019.319.625.933.431.137.943.340.640.238.447.546.946.641.652.349.850.155.259.866.276.281.278.685.481.469.582.794.9

107.199.4

123.9155.31838208.2214.1194.0202.3159.2196.7234.2222.6228.3247.8281.8268.7150.7223.4224.6228.4226.1230.5243.4261.5255.8268.1276.4284.1298.7279.7275.5268.7

Domestic industries

Total

10.2-1.2

6.19.6

15.020.124.123.518.918.924.932.229.936.741.538.738.436.445.144.143.539.149.646.746.851.555.861.871.576.773.979.974.862.675.185.592.682.4

109.5139.3165.5186.0180.4159.6173.8131.2166.6203.3191.4195.2208.7238.2222.9121.6190.7193.9193.6193.4194.3206.3222.6211.8225.7235.8239.0252.2233.1231.8223.0

Financial1

Total

1.3.3.8

1.01.11.21.31.61.72.11.72.63.13.13.64.04.54.64.85.05.25.76.87.27.07.36.86.97.58.59.0

10.411.212.214.115.415.814.711.215.921.629.127.821.016.511.818.113.022.832.030.529.824.318.715.513.626.028.630.831.130.229.927.729.731.630.129.328.617.8

FederalReservebanks

0.0.0.0.0.0.0.0.1.1.1.1.2.2.2.3.4.4.3.3.5.6.6.7

1.0.8.9

1.01.11.41.72.02.53.13.63.33.44.55.75.76.06.27.79.6

11.914.515.414.816.716.816.016.018.120.614.815.417.416.315.615.616.016.216.317.317.418.319.320.321.220.4

Other

1.3.3.8.9

1.01.21.31.61.62.01.62.32.93.03.33.74.14.34.54.54.65.16.06.26.36.45.85.86.26.87.07.98.18.6

10.712.011.28.95.59.9

15.421.418.29.01.9

-3.63.3

-3.76.1

16.014.511.73.73.9.1

-3.89.7

12.915.215.114.013.610.412.313.310.89.07.4

-2.6

Nonfinancial

Total

8.9-1.5

5.38.6

14.018.922.821.917.316.823.229.626.833.537.934.733.931.840.339.138.333.542.939.539.844.249.054.964.068.264.969.563.750.461.070.276.867.898.3

123.4143.9156.8152.6138.6157.3119.4148.5190.3168.6163.2178.2208.4198.6102.9175.2180.3167.6164.8163.5175.2192.4181.9198.0206.1207.3222.1203.9203.2205.2

Manu-fac-

turing2

5.2-.43.35.59.5

11.813.813.29.79.0

13.617.616.220.924.621.722.019.926.024.724.019.426.423.623.326.029.332.339.341.938.641.436.726.734.340.846.239.853.670.980.688.787.577.188.558.070.188.879.759.576.698.487.346.888.679.883.864.860.873.787.384.594.698.295.1

105.596.590.386.6

_1 rans-

portationand public

utilities

1.8.0

1.01.32.03.44.43.92.71.82.23.03.04.04.64.95.04.75.65.95.85.97.07.47.88.49.3

10.011.011.810.710.810.38.28.59.08.56.7

10.314.817.920.915.217.619.519.328.538.533.036.334.639.339.416.331.338.130.635.333.135.833.935.533.739.240.843.541.640.839.4

Wholesaleand retail

trade

1.0-.5

1.21.42.23.03.23.33.84.65.54.55.05.04.83.83.85.04.54.44.65.94.95.05.85.97.58.18.29.1

10.410.59.6

11.713.413.912.922.223.027527.328.721.632.534.638.951.244.144.141.140.136.733.643.151.838.541.043.037.243.241.242.237.339.241.834.136.941.9

Other

0.9-.7

.3

.61.11.51.61.61.52.12.93.63.13.63.73.33.13.43.64.14.03.63.63.63.73.94.45.15.66.36.56.96.15.96.56.98.28.3

12.214.717820.021.122.416.87.5

10.911.811.823.425.930.635.16.2

12.210.514.623.026.528.528.020.727.631.332.231.331.735.237.4

Restof theworld

0.2.0.3.3

A.4.4.3.7

1.01.31.11.31.71.91.82.02.42.83.12.52.73.13.33.74.04.44.64.44.75.56.56.97.69.3

14.517.014.416.018322.233.734.428.528.030.230.931.233.139.143.745.829.132.730.634.832.636.337.238.944.042.440.745.146.546.643.645.7

1 Consists of the following industries: Banking; credit agencies other than banks; security and commodity brokers, dealers, andservices; insurance carriers; regulated investment companies; small business investment companies; and real estate investment trusts.

» See Table C-89 for industry detail.Note.-The industry classification is on a company basis and is based on the 1972 Standard Industrial Classification (SIC) beginning

1948, and on the 1942 SIC prior to 1948.Source: Department of Commerce, Bureau of Economic Analysis.


TABLE C-89.—Corporate profits of manufacturing industries, 1929-89


Year or quarter

19291933193919401941194219431944194519461947194819491950195119521953195419551956195719581959I96019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989"1982- IV1983: IV1984: IV1985- IV1986: IV1987- 1

IIIllIV

1988- 1||IllIV

1989- 1||HI

Corporate profits with inventory valuation adjustment and without capital consumption adjustment

Totalmanufac-

turing

5.24

335.595

11.813.813.29.79.0

13.617.616.220.924.621.722.019.926.024.724.019.426.423.623.326.029.332.339.341.938.641.436.726.734.340.846.239.853.670.980.688.787.577.188.558.070.188.879.759.576.698.487.346.888.679.883.864.860.873.787.384.594.698.295.1

105.596.590.386.6

Durable goods

Total

2.64

173.1647.28.17.44.52.45.87.58.1

12.013.211.711.910.514.312.813.39.3

13.711.611.414.016.317.923.023.821.022.219.010.216.422.524.714.619.831.338.644.637.321.321.02.1

17.238.128.530.834.438.130.2

-6.629.436.628.033.437.636.037.926.032.841.338.339.835.631.528.6

Pri-marymetalindus-tries

1.61.52.33.11.92.51.72.93.03.01.92.32.01.61.62.02.53.13.62.71.91.4.8.7

1.62.34.92.72.01.33.53.62.53.1

-4.9-4.9

-1.42.63.66.46.5

-5.1-4.4-.8

-1.23.74.22.53.54.14.76.66.87.46.56.66.7

Fabri-catedmetalprod-ucts

0.8.7

1.11.31.01.0.9

1.11.11.1.9

1.1.8

1.01.11.31.42.02.42.42.32.01.11.52.12.61.63.13.94.44.95.24.34.42.43.04.74.64.85.06.16.4.9

4.45.64.04.43.73.76.55.97.46.54.85.97.26.76.2

Machin-ery,

exceptelectri-

cal

1.21.31.62.32.31.91.71.72.12.01.42.11.81.92.32.53.33.94.54.14.13.73.02.94.34.73.14.86.78.99.69.17.78.64.13.16.23.23.03.44.82.31.34.75.54.02.24.03.04.51.94.36.76.02.12.02.82.3

Electricandelec-

tronicequip-ment

0.7.8

1.21.31.51.41.21.11.21.51.31.71.31.31.51.61.72.73.02.92.82.31.21.92.83.0

2A3.75.86.75.24.74.11.73.75.53.62.93.44.63.9.1

6.25.52.53.23.05.65.4-.41.14.85.86.64.45.13.0

Motorvehicles

andequip-ment

1.42.13.12.42.42.62.14.12.22.6.9

3.03.02.54.04.94.76.25.13.95.54.81.25.15.95.8

2.07.29.48.94.7

-2.5

-'.*5.19.07.24.13.32.4-.82.78.78.87.83.84.85.71.9.7.9

1.03.24.53.0

-1.9-2.0

Other

1.81.72.62.82.62.62.93.53.23.12.93.52.73.13.54.04.45.15.24.95.74.92.94.35.86.24.04.87.98.8

10.99.54.5

.7-.47.2

13.311.313.315.813.812.0

-1.29.9

12.010.916.117.915.416.113.814.415.611.813.412.412.212.3

Nondurable goods

Total

2.6o172.43.14.65.75.95.26.67.8

10.08.18.9

11.49.9

10.19.4

11.811.910.710.012.712.011.912.013.114.416.318.117.619.117.716.517.918.321.625.233.839.642.044.050.255.867.555.953.050.751.228.742.260.357.153.559.243.255.831.423.237.849.458.561.857.056.865.760.958.858.0

Foodand

kindredprod-ucts

1.91.61.61.41.71.81.62.21.81.82.12.42.22.32.32.72.72.83.23.23.23.03.23.52.92.52.58.87.16.96.25.86.18.77.07.26.78.37.8

12.215.715.07.18.05.98.58.78.2

11.313.815.415.315.514.917.217.414.814.8

Chemi-calsand

alliedprod-ucts

1.71.82.32.82.32.22.23.02.82.82.53.53.13.23.23.64.04.64.94.35.24.63.94.55.26.05.16.48.27.88.27.25.48.25.26.78.06.27.6

10.517.416.63.27.87.13.69.18.59.4

11.712.416.015.915.622.018.518.115.9

Petro-leumandcoalprod-ucts

2.81.92.32.72.32.82.73.03.32.62.12.52.52.22.22.12.42.93.23.93.73.33.53.63.05.2

10.79.5

13.112.914.722.531.436.529.121.417.217.5

-7.6-1.9

3.72.2

25.925.312.925.5

-11.3-13.1-2.8

1.47.14.21.63.85.31.21.03.9

Other

3.72.82.74.43.63.32.93.64.13.63.34.34.24.14.34.65.36.06.86.37.06.95.96.47.27.97.09.1

11.214.414.914.712.914.114.517.718.819.220.921.423.523.317.318.117.318.224.919.619.922.523.626.224.022.521.223.824.923.4

Note.—The industry classification is on a company basis and is based on the 1972 Standard Industrial Classification (SIC) beginning1948, and on the 1942 SIC prior to 1948.



TABLE C-90.—Saks, profits, and stockholders' equity, all manufacturing corporations, 1950-89


Year orquarter

19501951195219531954

19551956195719581959

I9601961196219631964

19651966196719681969

1970197119721973

1973: IV

New series:1973: IV

1974

19751976197719781979

19801981198219831984

198519861987 .1988

1987:1||IIIIV

1988: 1IIIIIIV

1989: 1IIIII

All manufacturing corporations

Sales(net)

181.9245.0250.2265.9248.5

278.4307.3320.0305.3338.0

345.7356.4389.4412.7443.1

492.2554.2575.4631.9694.6

708.8751.1849.5

1,017.2

275.1

236.6

1,060.6

1,065.21,203.21,328.11,496.41,741.8

1,912.82,144.72,039.42,114.32,335.0

2,331.42,220.92,378.22,596.2

556.8596.1597.7627.7

614.2655.5646.3680.2

662.8704.5678.3

Profits

Beforeincometaxes1

23.227.422.924.420.9

28.629.828.222.729.7

27.527.531.934.939.6

46.551.847.855.458.1

48.152.963.281.4

21.4

20.6

92.1

79.9104.9115.1132.5154.2

145.8158.6108.2133.1165.6

137.0129.3173.0216.1

38.147.549.338.2

51.258.654.052.2

53.953.347.2

Afterincometaxes

12.911.910.711.311.2

15.116.215.412.716.3

15.215.317.719.523.2

27.530.929.032.133.2

28.631.036.548.1

13.0

13.2

58.7

49.164.570.481.198.7

92.6101.370.985.8

107.6

87.683.1

115.6154.6

24.731.533.326.1

37.141.638.537.4

38.336.533.7

Stock-holders'equity'

83.398.3

103.7108.2113.1

120.1131.6141.1147.4157.1

165.4172.6181.4189.7199.8

211.7230.3247.6265.9289.9

306.8320.8343.4374.1

386.4

368.0

395.0

423.4462.7496.7540.5600.5

668.1743.4770.2812.8864.2

866.2874.7900.9957.6

885.7894.1911.0912.8

935.8952.0962.6979.9

991.91,007.01,016.6

Durable goods industries

Sales(net)

86.8116.8122.0137.9122.8

142.1159.5166.0148.6169.4

173.9175.2195.3209.0226.3

257.0291.7300.6335.5366.5

363.1381.8435.8527.3

140.1

122.7

529.0

521.1589.6657.3760.7865.7

889.1979.5913.1973.5

1,107.6

1,142.61,125.51,178.01,284.7

279.1296.9290.0311.9

300.8326.3316.7340.9

329.0349.9329.2

Profits

Beforeincometaxes1

12.915.412.914.011.416.516.515.811.415.814.013.616.818.521.226.229.225.730.631.5

23.026.533.643.6

10.8

10.1

41.1

35.350.757.969.672.4

57.467.234.748.775.5

61.552.178.091.7

16.822.420.518.2

21.326.522.021.9

22.623.618.7

Afterincometaxes

6.76.15.55.85.6

8.18.37.95.88.1

7.06.98.69.5

11.6

14.516.414.616.516.9

12.914.518.424.8

6.3

6.2

24.7

21.430.834.841.845.2

35.641.621.730.048.9

38.632.653.067.1

10.614.814.313.4

15.519.515.916.3

16.616.613.8

Stock-holders'equity*

39.947.249.852.454.9

58.865.270.572.877.9

82.384.989.193.398.5

105.4115.2125.0135.6147.6

155.1160.4171.4188.7

194.7

185.8

196.0

208.1224.3239.9262.6292.5

317.7350.4355.5372.4395.6

420.9436.3444.3468.7

434.7445.2447.1450.2

458.6466.8470.1479.1

494.6497.7498.8

Nondurable goods industries

Sales(net)

95.1128.1128.0128.0125.7

136.3147.8154.1156.7168.5

171.8181.2194.1203.6216.8

235.2262.4274.8296.4328.1

345.7369.3413.7489.9

135.0

113.9

531.6

544.1613.7670.8735.7876.1

1,023.71,165.21,126.41,140.81,227.5

1,188.81,095.41,200.31,311.5

277.7299.2307.6315.8

313.4329.2329.6339.4

333.8354.7349.1

Profits

.Beforeincometaxes1

10.312.110.010.49.6

12.113.212.411.313.913.513.915.116.418.320.322.622.024.826.6

25.226.529.637.8

10.6

10.5

51.0

44.654.357.262.981.8

88.491.373.684.490.0

75.677.295.1

124.4

21.225.128.819.9

29.932.132.030.4

31.329.728.5

.Afterincometaxes

6.15.75.25.55.6

7.07.87.56.98.3

8.28.59.2

10.011.6

13.014.614.415.516.4

15.716.518.023.3

6.7

7.0

34.1

27.733.735.539.353.5

56.959.649.355.858.8

49.150.562.687.5

14.216.719.012.7

21.622.222.721.1

21.719.920.0

Stock^holders'equity*

43.551.153.955.758.2

61.366.470.674.679.2

83.187.792.396.3

101.3

106.3115.1122.6130.3142.3

151.7160.5172.0185.4

191.7

182.1

199.0

215.3238.4256.8277.9308.0

350.4393.0414.7440.4468.5

445.3438.4456.6488.9

451.0448.9463.9462.6

477.2485.2492.5500.8

497.3509.3517.8

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).Note.—Data are not necessarily comparable from one period to another due to changes in accounting procedures, industry

classifications, 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.



TABLE C-91.—Relation of profits after taxes to stockholders' equity and to sales, all manufacturing

corporations, 1947-89

Year or quarter

1947 . ..19481949

19501951195219531954

19551956195719581959

I9601961196219631964

196519661967196819691970197119721973

1973: IV

New series:1973- IV .. .1974

19751976197719781979

19801981198219831984

1985198619871988

1987-1||HIIV

1988- 1||IllIV

1989- IIIHI

Ratio of profits after income taxes (annualrate) to stockholders' equity— percent 1

Allmanufacturingcorporations

15.616.011.615.412.110.310.59.9

12.612.310.98.6

10.4

9.28.99.8

10.311.6

13.013.411.712.111.5

9.39.7

10.612.8

13.4

14.3

14.9

11.613.914.215.016.4

13.913.69.2

10.612.5

10.19.5

12.816.1

11.214.114.611.5

15.817.516.015.3

15.514.513.3

Durablegoods

industries

14.415.712.1

16.913.011.111.110.3

13.812.811.38.0

10.4

8.58.19.6

10.111.7

13.814.211.712.211.4

8.39.0

10.813.1

12.9

13.3

12.6

10.313.714.516.015.4

11.211.96.18.1

12.4

9.27.5

11.914.3

9.713.312.811.9

13.516.713.513.6

13.413.411.0

Nondurablegoods

industries

16.616.211.2

14.111.29.79.99.6

11.411.810.69.2

10.4

9.89.69.9

10.411.5

12.212.711.811.911.5

10.310.310.512.6

14.0

15.3

17.1

12.914.213.814.217.4

16.315.211.912.712.5

11.011.513.717.9

12.614.916.311.0

18.118.318.416.9

17.515.615.4

Profits after income taxes per dollar ofsales— cents

Allmanufacturingcorporations

6.77.05.8

7.14.94.34.34.5

5.45.34.84.24.8

4.44.34.54.75.2

5.65.65.05.14.8

4.04.14.34.7

4.7

5.6

5.5

4.65.45.35.45.7

4.84.73.54.14.6

3.83.74.96.0

4.45.35.64.2

6.06.36.05.5

5.85.25.0

Durablegoods

industries

6.77.16.4

7.75.34.54.24.6

5.75.24.83.94.8

4.03.94.44.55.1

5.75.64.84.94.6

3.53.84.24.7

4.5

5.0

4.7

4.15.25.35.55.2

4.04.22.43.14.4

3.42.94.55.2

3.85.04.94.3

5.16.05.04.8

5.04.84.2

Nondurablegoods

industries

6.76.85.4

6.54.54.14.34.4

5.15.34.94.44.9

4.84.74.74.95.4

5.55.65.35.25.0

4.54.54.44.8

5.0

6.1

6.4

5.15.55.35.36.1

5.65.14.44.94.8

4.14.65.26.7

5.15.66.24.0

6.96.76.96.2

6.55.65.7

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.

Note.-Based on data in millions of dollars.See Note, Table C-90.Source: Department of Commerce, Bureau of the Census.


TABLE C-92.—Sources and uses of funds, nonfarm nonfinancial corporate business, 1946-89


Year orquarter

1946194719481949

1950195119521953195419551956195719581959

1960196119621963196419651966196719681969

1970197119721973197419751976197719781979

19801981198219831984....1985....1986....1987....1988....

1987:1IIIllIV

1988:

IL""IIIIV

1989:IIIIll

Sources

Total

19.227.529.520.5

42.636.930.228.629.853.445.143.542.256.6

48.255.860.668.574.292.799.094.9

114.0116.0

101.8127.4153.4215.2179.0155.5212.5258.7311.9323.7

323.3377.4303.0419.2495.0457.3510.7486.3508.3

430.6482.0506.3526.0

507.6508.3528.5488.8

483.8536.6440.3

Internal

Total

8.513.319.720.0

18.520.822.522.324.429.930.132.030.736.4

35.936.943.247.052.359.163.364.265.865.2

62.874.786.493.989.3

124.8142.0165.1182.3197.6

200.1239.5242.3285.7336.3352.3344.9352.6372.5

343.0348.4358.9360.2

369.0367.2372.3381.6

361.9364.8373.1

Domes-tic

undis-tributedprofits

8.112.113.28.7

13.19.67.88.07.6

11.810.99.66.5

10.6

8.07.29.6

11.014.619.121.218.117.113.4

7.612.718.128.834.136.449.158.466.971.5

53.750.211.622241.816.7

-10.47.5

19.4

2.47.9

12.87.0

15.121.122.119.2

17.55.9

-3.5

Inven-

valuationand

capitalcon-

sumptionadjust-ments

-7.6-8.7-5.2-1.0

-7.9-4.4-2.0-3.3-1.9-2.0-3.7-2.7-1.5-1.0

-.4.6

3.13.93.93.93.33.91.7.0

-1.6-.5

-1.2-14.7-38.1-17.9-25.4-26.0-36.6-57.2

-59.2-38.0-18.7

5.125.153.556.325.813.9

28.724.525.324.5

21.311.98.5

13.8

-9.14.4

12.8

Capitalcon-

sumptionallow-ances

7.49.0

10.411.2

12.013.814.815.916.817.820.022.023.124.1

25.125.926.828.029.431.534.337.641.445.4

49.954.860.165.276.391.9

102.3114.3129.8149.6

171.3198.8221.4228.2238.4251.0265.9280.2295.6

275.6278.8281.8284.7

290.2293.6296.6302.1

306.9310.8320.7

Foreignearn-ings1

0.71.01.31.1

1.31.71.91.82.02.42.83.12.52.7

3.13.33.74.14.44.74.54.65.56.5

6.97.69.3

14.517.014.416.018.322.233.7

34.428.528.130.230.931.133.139.143.6

36.337.239.044.0

42.440.645.146.5

46.643.743.1

External

Total

10.614.19.9

.4

24.016.27.86.25.4

23.415.111.511.620.2

12.418.917.421.621.933.635.730.748.350.8

39.052.767.C

121.389.730.870.593.6

129.7126.1

123.1137.960.7

133.5158.7105.0165.8133.6135.8

87.6133.6147.5165.8

138.6141.1156.2107.2

121.9171.867.3

Credit market funds

Total

7.18.47.43.0

8.110.99.25.86.3

10.312.612.010.412.2

11.312.013.011.913.818.924.727.327.532.4

34.237.442.476.354.923.150.769.470.960.3

70.791.850.378.395.150.9

123.069.077.0

36.286.570.183.4

95.5109.482.021.0

30.6158.025.4

Securi-tiesand

mort-gages

3.65.46.74.9

4.26.48.16.26.76.67.4

10.110.58.3

7.410.59.08.17.87.0

14.319.215.014.6

26.332.826.444.421.439.442.444.637.69.0

30.525.4

-1.744.6

-9.1-3.058.938.17.7

88.325.636.71.8

38.228.138.7

-74.3

-52.230.5

-22.8

Loansand

short-termpaper

3.63.0

.7-1.9

3.94.41.1

-.4-.53.75.31.9-.14.0

3.91.53.93.86.0

11.910.48.2

12.617.8

7.84.6

16.031.933.5

-16.38.3

24.833.251.3

40.266.452.033.7

104.253.964.030.969.3

-52.160.933.481.5

57.381.343.395.3

82.8127.548.2

Other2

3.55.72.5

-2.6

16.05.3

-1.4.4

-.913.22.4-.51.28.0

1.06.94.59.68.1

14.711.03.4

20.718.4

4.915.324.645.034.8

7.719.924.258.865.8

52.546.010.455.263.654.142.964.658.8

51.447.177.482.4

43.131.774.386.2

91.313.841.9

Uses

Total

17.426.425.618.4

40.337.930.128.328.148.941.039.938.652.0

41.550.755.960.464.583.192.287.9

107.8116.4

99.5123.0146.8191.4191.8152.8209.7241.8324.8368.3

341.6382.9302.7392.0473.0422.9448.2453.9473.4

390.3459.2474.9491.2

470.9474.1500.8447.7

445.5505.1415.1

Capitalexpendi-tures s

18.718.020.714.9

24.030.525.526.023.232.437.135.727.837.9

37.636.543.444.749.661.375.471.477.084.7

80.886.496.7

120.7139.4111.7156.3179.2217.2238.6

243.2285.9255.7269.9367.9339.9328.8348.3380.4

328.5333.9342.1388.5

359.2380.7390.1391.8

376.0388.8386.6

Increasein

financialassets

-1.48.45.03.5

16.47.44.62.34.9

16.54.04.2

10.814.2

3.914.212.515.714.921.816.716.430.831.7

18.736.750.170.752.541.153.562.6

107.7129.8

98.497.047.0

122.1105.183.0

119.3105.692.9

61.7125.3132.8102.7

111.793.3

110.855.9

69.6116.428.5

Discrep-ancy

(sourcesless

uses)

1.81.13.92.1

2.2-1.0

.1

.31.74.54.13.63.74.6

6.75:14.88.19.79.66.87.16.2-.4

2.34.46.6

23.8-12.8

2.72.8

16.9-12.9-44.6

-18.3-5.6

.327.222.034.462.632.434.9

40.422.731.534.8

36.734.327.741.1

38.331.425.2

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 C-93.—Common stock prices and yields, 1949-89

Year or month

194919501951195219531954195519561957195819591960196119621963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891988- Jan

FebMarAorMayJune

JulyAuJSept ""iOct.""""NovDec

1989- JanFebMarAorMay""»""""""""»..JuneJulyAUKSeptOctNovDec

Common stock prices 1

New York Stock Exchange indexes (Dec. 31, 1965=50) 2

Composite

9.0210.8713.0813.8113.6716.1921.5424.4023.6724.5630.7330.0135.3733.4937.5143.7647.3946.1550.7755.3754.6745.7254.2260.2957.4243.8445.7354.4653.6953.7058.3268.1074.0268.9392.6392.46108.09136.00161.70149.91180.02140.55145.13149.88148.46144.99152.72

152.12149.25151.47156.36152.67155.35160.40165.08164.60169.38175.30180.76185.15192.94193.02192.49188.50192.67

Industrial

46.1851.9758.0057.4448.0357.9265.7363.0848.0850.5260.4457.8658.2364.7678.7085.4478.18107.45108.01123.79155.85195.31180.95216.23168.47173.44181.57180.88176.02184.92

184.09179.72182.18188.58183.79187.75194.62200.00199.20204.81211.51216.75221.74231.32230.86229.40224.38230.12

Transpor-tation

50.2653.5150.5846.%32.1444.3550.1737.7431.8931.1039.5741.0943.5047.3460.6172.6160.4189.3685.63104.11119.87140.39134.12175.28121.20126.09135.15133.43127.63136.02

136.49132.53136.27141.93138.60144.07153.09162.66160.14164.32168.89173.47179.32197.52202.02190.36174.26177.25

Utility

45.4145.4344.1942.8037.2439.5338.4837.6929.7931.5036.9740.9239.2238.2037.3538.9139.7547.0046.4456.7571.3674.3071.7787.4370.0172.8971.1669.4068.6572.25

71.5070.6771.8374.1973.8374.8175.8777.8477.6679.6984.0787.9090.4092.9193.4494.6794.9599.73

Finance

44.4549.8265.8570.4960.0070.3878.3570.1249.6747.1452.9455.2556.6561.4264.2573.5271.9995.3489.28114.21147.20146.48127.26151.88119.40124.36125.27121.67120.35129.04

129.99130.77133.15134.66129.61128.83132.26137.19137.91143.26146.59154.08157.78164.86165.51166.55160.89155.63

DowJones

industrialaverage8

179.48216.31257.64270.76275.97333.94442.72493.01475.71491.66632.12618.04691.55639.76714.81834.05910.88873.60879.12906.00876.72753.19884.76950.71923.88759.37802.49974.92894.63820.23844.40891.41932.92884.36

1,190.341,178.481,328.231,792.762,275.992,060.822,508.911,947.351,980.652,044.312,036.131,988.912,104.94

2,104.222,051.292,080.062,144.312,099.042,148.582,234.682,304.302,283.112,348.912,439.552,494.902,554.032,691.112,693.412,692.012,642.492,728.47

Standard& Poor'scomposite

index(1941-43=10)4

15.2318.4022.3424.5024.7329.6940.4946.6244.3846.2457.3855.8566.2762.3869.8781.3788.1785.2691.9398.7097.8483.2298.29109.20107.4382.8586.16102.0198.2096.02103.01118.78128.05119.71160.41160.46186.84236.34286.83265.79322.84250.48258.13265.74262.61256.12270.68

269.05263.73267.97277.40271.02276.51285.41294.01292.71302.25313.93323.73331.93346.61347.33347.40340.22348.57

Common stock yields(percent) •

Dividend-priceratio6

6.596.576.135.805.804.954.084.094.353.973.233.472.983.373.173.013.003.403.203.073.243.833.142.843.064.474.313.774.625.285.475.265.205.814.404.644.253.493.083.643.453.663.563.483.573.803.58

3.653.753.693.613.703.683.643.593.683.593.523.443.383.283.293.293.393.33

Earnings-priceratio7

15.4813.9911.829.4710.268.577.957.557.896.235.785.904.625.825.505.325.596.635.735.676.086.455.415.507.1211.599.158.9010.7912.0313.4612.6611.9611.608.0310.028.126.095.488.01

7.18

7.92

8.36

8.56

BM

7.93

6.80

1 Averages of daily closing prices, except New York Stock Exchange data through May 1964 are averages of weekly closing prices.* Includes all the stocks (more than 1,500) listed on the New York Stock Exchange.* Includes 30 stocks.«Includes 500 stocks.5 Standard & Poor's series, based on 500 stocks in the composite index."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.7 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 ratios are averages of quarterly ratios.Note.—All data relate to stocks listed on the New York Stock Exchange.Sources: New York Stock Exchange, Dow Jones & Co., Inc., and Standard & Poor's Corporation.


TABLE C-94.—Business formation and business failures, 1945-89

Year or month

194519461947194819491950195119521953195419551956195719581959I96019611962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989'

1988: JanFebMar

& ;;;JuraJutvAug

fofNovDec

1989- JanFebMarApr

jure'JuhrjsSept""".:""'.'..OctNovDec '

Indexof net

businessformation(1967=

100)

101.183.787.786.790.889.788.896.694.690.390.297.994.590.892.694.498.299.899.3

100.0108.3115.8108.8111.1119.3119.1113.2109.9120.4130.8138.1138.3129.9124.8116.4117.5121.3120.9120.4121.2124.11247

Newbusinessincorpo-rations

(number)

132,916112,89796,34685,64093,09283,77892,946

102,706117,411139,915141,163137,112150,781193,067182,713181,535182,057186,404197,724203,897200,010206,569233,635274,267264,209287,577316,601329,358319,149326,345375,766436,170478,019524,565533,520581,242566,942600,400634,991662,047702,738685,572685,095

Seasonally adjusted

124.0124.1125.4122.7124.3123.7123.3124.5124.2124.6123.2125.5125.5125.9128.0125.0125.6125.9124.4124.0122.8122.6123.0123.7

56,10856,47560,65554,67058,04655,62056,91559,73055,91556,52954,55358,59258,37058,70860,11755,46957,64557,58654,54556,64254,50253,28255,982

Business failures l

Businessfailurerate2

4.25.2

14.320.434.434.330.728.733.242.041.648.051.755.951.857.064.460.856.353.253.351.649.038.637.343.841.738.336.438.442.634.828.423.927.842.161.389.0

110.0107.0115.0120.0102.098.0

•"••••••"•"'•••••

ZZZZ

zzzz

Number of failures

Total

8091,1293,4745,2509,2469,1628,0587,6118,862

11,08610,96912,68613,73914,96414,05315,44517,07515,78214,37413,50113,51413,06112,3649,6369,154

10,74810,3269,5669,3459,915

11,4329,6287,9196,6197,564

11,74216,79424,90831,33452,07857,25361,61661,62257,099

5,0055,0625,8525,1184,9584,7024,5124,9854,6024,1464,2633,8944,6634,2774,8033,9264,4074,2043,6814,2313,6764,2263989

Liability size class

Under$100,000

7591,0033,1034,8538,7088,7467,6267,0818,075

10,22610,11311,61512,54713,49912,70713,65015,00613,77212,19211,34611,34010,83310,1447,8297,1928,0197,6117,0406,6276,7337,5046,1764,8613,7123,9305,6828,233

11,50915,50919,61836,55138,90839,37238,661

3,3843,3553,9133,4963,4563,2023,1003,3303,0762,8502,8832,6163,0682,8873,1602,5992,9772,8112,4622,8512,4912,8252,656

$100,000and over

50126371397538416432530787860856

1,0711,1921,4651,3461,7952,0692,0102,1822,1552,1742,2282,2201,8071,9622,7292,7152,5262,7183,1823,9283,4523,0582,9073,6346,0608,561

13,39915,82532,46020,70222,70822,25018,438

1,6211,7071,9391,6221,5021,5001,4121,6551,5261,2961,3801,2781,5951,3901,6431,3271,4301,3931,2191,3801,1851,4011,333

Amount of current liabilities(millions of dollars)

Total

30.267.3

204.6234.6308.1248.3259.5283.3394.2462.6449.4562.7615.3728.3692.8938.6

1,090.11,213.61,352.61,329.21,321.71,385.71,265.2

941.01,142.11,887.81,916.92,000.22,298.63,053.14,380.23,011.33,095.32,656.02,667.44,635.16,955.2

15,610.816,072.929,268.636,808.844,724.036,369.935,908.2

3,894.14,625.53,291.63,065.62,316.52,453.54,582.82,291.23,555.51,785.12.020.02,026.82,100.02,358.76,171.46,145.61,873.26,425.64,074.22,960.11,751.22,223.92,000.7

Liability size class

Under$100,000

11.415.763.793.9

161.4151.2131.6131.9167.5211.4206.4239.8267.1297.6278.9327.2370.1346.5321.0313.6321.7321.5297.9241.1231.3269.3271.3258.8235.6256.9298.6257.8208.3164.7179.9272.5405.8541.7635.1409.8790.8838.3753.6681.3

53.763.067.959.258.253.352262.355.752.855.447.661.058.965.449.459.755.846.658.450.453.251.4

$100,000and over

18.851.6

140.9140.7146.797.1

128.0151.4226.6251.2243.0322.9348.2430.7413.9611.4720.0867.1

1,031.61,015.61,000.01,064.1

967.3699.9910.8

1,618.41,645.61,741.52,063.02,796.34,081.62,753.42,887.02,491.32,487.54,362.66,549.3

15,069.115,437.828,858.836,018.043,885.735,616.335,226.9

3,840.44,562.53,223.73,006.42,258.32,400.24,530.62,228.93,499.81,732.31,964.61,979.22,039.02,299.86,106.06,096.21,813.56,369.84,027.62,901.71,700.82,170.71,949.3

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 for 1984-89 based on expanded coverage and new methodology and are therefore not generally comparable with earlier data.Data for 1989 are subject to revision due to amended court filings.

> Failure rate per 10,000 listed enterprises.Sources: Department of Commerce (Bureau of Economic Analysis) and The Dun & Bradstreet Corporation.


AGRICULTURE

TABLE C-95.—Farm income, 1929-89


Year or quarter

19291933193919401941194219431944194519461947 „19481949

1950195119521953195419551956195719581959

I960196119621963196419651966 ....1967196819691970197119721973 ...197419751976197719781979

1980198119821983198419851986198719881987- 1

||HIIV

1988- 1IIIllIV

1989-1|| . ..HI

Income of farm operators from farming

Gross farm income

Total1

13.86.9

10.711.314.319.923.324.025.429.632.436.530.833.138.337.834.434.233.534.034.839.037.938.640.542.343.442.346.550.550.551.856.458.862.171.198.998.2

100.6102.9108.8128.4150.7149.3166.4163.5152.9175.0166.3160.3171.7177.6170.4172.4167.8175.9174.7182.0175.0178.6198.4196.7188.3

Cash marketing receipts

Total

11.35.37.98.4

11.115.619.620.521.724.829.630.227.828.532.932.531.029.829.530.429.733.533.634.035.236.537.537.339.443.442.844.248.250.552.761.186.992.488.995.496.2

112.4131.5139.7141.7142.6136.5142.5144.1135.5139.5151.5131.3143.8144.8138.1144.4148.8160.4152.2155.4160.2164.4

Livestockand

products

6.22.84.54.96.59.0

11.511.412.013.816.517.115.416.119.618.216.916.316.016.417.419.218.919.019.520.220.019.921.925.024.425.528.629.530.535.645.841.343.146.347.659.269.268.069.270.369.473.069.871.575.778.972.876.477.875.881.875.378.380.384.181.381.8

Crops

5.12.53.33.54.66.58.19.29.7

11.013.113.112.412.413.214.314.113.613.514.012.314.214.715.015.716.317.417.417.518.418.418.719.621.022.325.541.151.145.849.048.653.262.371.772.572.367.169.574.364.063.872.658.667.466.962.262.673.582.171.971.378.982.6

Value ofinventorychanges2

-0.1-.2

.3

.41.1-.1

-!4.0

-1.81.7

-.9.8

1.2.9

-.6.5

!5.6.8.0.4

!6.6

-.81.0-.1

'.1.1.0

1.4.9

3.4-1.6

3.4-1.5

1.11.95.0

-6.36.5

-1.4-10.9

6.3-2.4-2.7-.4

-4.3-.1

.3-.2

-1.7-4.0

4.4-4.7-4.1

8.67.86.3

Produc-tion

expenses

7.74.46.36.97.8

10.011.612.313.114.517.018.818.019.522.322.821.521.822.222.723.725.827.227.428.630.331.631.833.636.538.239.542.144.547.151.744.671.075.082.788.9

103.2123.3133.1139.4140.0140.4142.7134.0122.4128.0135.0120.4128.7131.3131.7130.2133.7138.2137.8135.5140.6145.5

Net farm income

Currentdollars

6.22.64.44.56.59.9

11.711.712.315.115.417.712.813.615.915.013.012.411.311.311.113.210.711.212.012.111.810.512.914.012.312.314.314.415.019.534.427.325.520.219.925.227.416.227.023.512.532.332.337.943.542.650.043.736.344.144.548.336.840.862.956.042.8

1982dollars3

42.122.834.834.547.067.077.776.578.477.769.574.854.457.163.558.750.147.041.640.138.144.335.236.338.337.836.331.938.239.934.432.735.934.233.841.869.450.543.132.029.534.934.918.828.723.512.029.929.133.437.135.243.137.330.937.237.440.030.233.150.544.533.8

*Casn 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 GNP 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 C-96.—Farm output and productivity indexes, 1947-89

[1977=100]

Year

19471948 !..!1949

195019511952.19531954

19551956195719581959

19601961196219631964

19651966196719681969

19701971197219731974

1975197619771978.1979 ....

19801981198219831984

198519861987.19881989*

Farm output

Total1

586362

6163666666

6969677374

7676778079

8279838585

8492919388

9597100104111

10411811696112

118111110102109

Crops2

Total8

566461

5960626261

6363626968

7270717472

7673777980

7786879284

9392100102113

10111711788111

11810910892103

Feedgrains

395750

5147504951

5454586466

6962626859

7070797578

7192889174

9196100108116

9712112267116

13412310573106

Foodgrains

646253

4949635751

4850476955

6660565965

6767768074

6981778691

10810710093108

121144138117129

12110610798108

Oilcrops

222726

2626262628

3034333936

3843444646

5355566465

6668748771

8674100105129

9911412191106

11711010788105

Live-stockandprod-ucts2

656467

7073747477

7979787983

8286868991

8991949495

9910010199100

9599100101104

108109107109107

110110113116116

Productivity indicators

Farm output

Perunit oftotalinput

556057

5860626465

6667677473

7678788281

8483858788

8795949590

9998100101105

10111611899118

128127128120

Perhour offarmwork4

182120

2224262829

3031333939

4244465152

5659646872

7485838681

9097100104113

10912312599121

139139142134

Cropproduc-tionper

acre8

576460

5959626261

6364657372

7778818381

8583868991

8896999988

9694100105113

100115116100112

120116122106

1 Farm output measures the annual volume of net farm production available for eventual human use through sales from farms orconsumption in farm households.

1 Gross production.* Includes items not included in groups shown.4 New survey-based labor productivity time series; not comparable with data published in Economic Reports prior to January 1989.8 Computed from variable weights for individual crops produced each year.

Source: Department of Agriculture.


TABLE C-97.—Farm input use, selected inputs, 1947-88

Year

194719481949

195019511952...1953..1954

19551956195719581959

I9601961196219631964

19651966196719681969

19701971197219731974

19751976197719781979

19801981198219831984

1985198619871988

Farm population,April*

Num-ber

(thou-sands)

25,82924,38324,194

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

8,8648,253

7 6,1947 6,5017 6,2417 6,0517 5,7907 5,6207 5,7875,754

5,3555,2264,9864,951

Aspercent

oftotal

popula-tion8

17.916.616.2

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 2.87 2.77 2.57 2.47 2.52.4

2.22.22.02.0

Farm employment(thousands)"

Total

10,38210,3639,964

9,9269,5469,1498,8648,651

8,3817,8527,6007,5037,342

7,0576,9196,7006,5186,110

5,6105,2144,9034,7494,596

4,5234,4364,3734,3374,389

4,3424,3744,1553,9573,774

3,705•3,552•3,400•3,247•3,094

2,9412,7492,7342,789

Familywork-ers

8,1158,0267,712

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

3,0262,9972,8592,6892,501

2,402•2,267•2,136•2,007•1,976

1,9041,7681,7431,810

HiredworK-ers

2,2672,3372,252

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

1,3171,3771,2961,2681,273

1,303•1,285•1,264•1,240•1,118

1,037981992979

Cropshar-

vested(mil-

lions ofacres)4

355356360

345344349348346

340324324324324

324302295298298

298294306300290

293305294321328

336337345338348

352366362306348

342325303298

Selected indexesof input use (1977= 100)

Total

104104108

106106105103102

10410310098101

9998989898

9796989796

%97979898

9798100102105

103102999795

92878685

Farmlabor

297285285

265251237220214

220212196182183

177167163155148

144132128124118

112108110109109

10610010010099

9696939792

85807875

Farmrealestate

106107108

109109108108108

108106105104105

103103104104104

103102104102102

10510310210099

9798100100103

10310410210197

95939291

Me-chanicalpowerand

machin-ery

546268

7277818282

8384838384

8380807980

8082858686

8587869092

9698100104104

10198928884

80757271

culturalchemi-cals •

151618

1921232424

2627272832

3235384346

4956666973

7581869092

8396100107123

123129118105121

123110111113

Feed,seed,andlive-stockpur-

chases8

515256

5862636365

6669687377

7781838385

8689928993

9610210410799

93101100108115

114108108110106

106103111107

'Farm 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.

•Total population of United States including Armed Forces overseas, as of July 1.•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 C-32) because of differences in the method of approach, in concepts ofemployment, and in time of month for which the data are collected.

* Acreage harvested plus acreages in fruits, tree nuts, and farm gardens.•Fertilizer, lime, and pesticides.•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; 6,942and 3.0; 6,870 and 3.0; 7,029 and 3.0, respectively.

•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 C-98.—Indexes of prices received and prices paid by fanners, 1948-89

[1977=100]

Year or month

194819491950195119521953195419551956195719581959I96019611962196319641965196619671968196919701971197219731974 !1975197619771978 !1979

19801981198219831984* "198519861987198819891988- Jan

FebMarApr

JulyAugzzzzzz:SeptOctNovDec

1989: JanFebMarAprMay

July*JodL:.....zzzz...NovDecZZZZZZ"!

Prices received by farmers

Allfarm

P2£ucts

6355566663565451505155535253535352545855565960626998

105101102100115132134139133135142128123127138147132130131132135139142145144141144144149148149148149147147145143145147149

Crops

5952546162555653545252515152545555535552525052566091

117105102100105116125134121128138120107106127134116111113115119132137138136131136135141138137141141137137128126128128127

Live-stockand

prod-ucts

65565870645652494751575353525351495460576067676777

1049498

101100124147144143145141146136138146150160146149148148151147147152153152151154158158161154156157157161160162165170

Prices paid by farmersAll

commod-ities,

services,interest,taxes,and

wagerates1

3836374142404040404243434444454545474949515355586271818995

100108123138150159161164162159162169177165

168

171

173

175

177

178

178

Production items

Total2

4341424747444443434446464646474747485050505254576173839197

100108125138148153152155151144147157165152

155

159

162

164

166

166

165

Tractorsandself-pro-

pelledmachin-

ery

39"4042444749515458688291

100109122136152165174181178174174181193176

179

179

188

188

192

192

199

Fertil-izer

555654575959595857585857575858575757565552484850525692

120102100100108134144144137143135124118130137121

132

132

134

133

141

141

131

Fuelsand

energy

zzz:

49"4950505152535457798893

100105137188213210202201201162161166180164

165

169

165

165

184

187

183

Wagerates

2322222526272727282930323333343536384144485357596369798593

100107117127138144148151153159166171185161

174

177

170

186

186

189

m

Adden-dum:Aver-

&real

estatevalueper

acre3

1414141618181819192122232425262729313335384042434753667586

100109125145158157148146128112103106112

106

112

1 Includes items used for family living, not shown separately.* Includes other 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, and

February 1 for 1986-89.Source: Department of Agriculture.


TABLE C-99.—U.S. exports and imports of agricultural commodities, 1940-89


Year

19401941194219431944

19451946194719481949

19501951195219531954

19551956195719581959

I9601961196219631964

19651966196719681969

19701971197219731974

19751976197719781979

19801981198219831984

1985198619871988

Jan-Nov:19881989

Total1

05.7

122.121

233.1403.536

294.03.4283.1

3.2424.5394.0

4.8505.0566.3

6.2696.4636.0

7.3779.4

17721.9

21.923.023629.4347

41.243336.636.137.8

29.026228.737.1

33.5364

Feedgrains

(4

< */4

1 4/4

(4)01

4

.3

2

.3

.2

.3

.4

.3

.5

.6

.5

.5

.8

.8

.9

1.1131.1

9.9

1.1101.53.54.6

5.26.04.95.97.7

9.89.46.47.38.1

6.03.13.85.9

5.26.9

Foodgrains2

(4)0.1(4)\i.1

.4

.71.41.51.1

.61.11.1

.5

.61.01.0.8.9

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

4.53.83.85.9

5.46.6

Exports

Oil-seedsand

prod-ucts

(4

44

0.1

(4)4V 1

.2

.3

.2

.2

.2

.3

.4

.5

.5

.4

.6

.6

.6

.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

5.86.56.47.7

7.05.7

Cot-ton

02

.1

.2

.1

.3

.4

.5

.9

1.01.1.9.5.8

.5

.71.0.7.4

1.0.9

.6

.5

.4

.5

.5

.4

.6

.91.3

1.01.01.51.72.2

2.92.32.01.82.4

1.6.8

1.62.0

1.82.0

To-bacco

(4)01.1

.1

.2

.4

.3

.3

.3

.3

.2

.3

.4

.3

.4

.3

.4

.4

.4

.4

.4

.4

.5

.5

.6

.5

.5

.7

.8

.9

.91.11.41.2

1.31.51.51.51.5

1.51.21.11.3

1.11.2

Ani-malsand

prod-ucts

01

.81.21.3

.9

.9

.7

.5

.4

.3

.3

.4

.5

.6

.7

.7

.5

.6

.6

.6

.6

.7

.8

.8

.7

.7

.7

.8

.91.01.11.61.8

1.72.42.73.03.8

3.84.23.93.84.2

4.14.55.26.4

5.95.8

Total1

131.71.31.51.8

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

17.416.815.416.619.3

20.021.520.421.0

19.320.0

Crops,fruits,

andvege-

tabfes3

(4)

o.i(4)M

11

.21

.22

2.2.2.2

.2

.2

.2

.2

.22.23.3

.34.45.5

.56.78.8

.8

.91.21.51.7

1.62.02.32.33.1

3.53.63.63.8

3.53.9

mports

Ani-malsand

prod-ucts

02.35.43

4.44.64

71.1

.6

.5

.4

.5

.7

.8

.67.99.8

.9121.1131.4

1.6151.8262.2

1.82.32.33.13.9

3.83.53.73.84.1

4.24.54.95.2

4.84.6

Cof-fee

01.22.33

3.56.78

1 11.41.4151.5

1.4141.41.21.1

1.0101.0101.2

1.1111.012.9

1.2121.3171.6

1.72.9424.042

4.2292.92.83.3

3.34.62.92.5

2.32.3

Cocoabeansand

prod-ucts

4\

4)4)4

4)

(4)

012.21

2.2.22.3

.22.22.2

.22.22.2

.11

.22.2

.32.23.5

.5

.6101412

.99.7.8

1.1

1.4111.21.0

.9

.9

culturaltrade

balance

08-1.0

1.63

5.8

12.37

-11-1.1-1.1-13-.9

-.82.6

(4)_1 {

1.0131.2162.3

2.1241.91311

15192993

11.7

12.612.010214.6180

23.926621.219.5185

9.1478.3

161

14.2164

1 Total includes items not shown separately.2 Rice, wheat, and wheat flour.3 Includes nuts, fruits, and vegetable preparations.4 Less than $50 million.Note.—Data derived from official estimates released by the Bureau of the Census, Department of Commerce. Agricultural commodities

are 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 C-100.—Balance sheet of the farm sector, 1939-89


End of year

1939

19401941194219431944

19451946194719481949

19501951195219531954

19551956195719581959

I960l%i196219631964

19651966196719681969

19701971197219731974s

19751976197719781979

19801981198219831984

19851986198719881989"

Assets

Total

52.6

53.761.472.982.992.1

102.0116.1127.1132.9130.3

152.9169.8166.3162.3167.0

172.5181.6191.0206.42102

210.9218.92262234.3243.3

260.3274.2288.0281.5312.9

324.8350.2393.9478.5508.8

575.5663.3731.1867.3

1,006.7

1,101.61,103.71.066.41,052.6

981.7

886.88382873.3927.9973.0

Realestate

33.6

34.036.641.547.752.9

60.568.773.576.075.1

88.998.7

100.098.9

102.5

108.2116.1122.7131.5138.4

139.9146.0150.7158.9168.5

180.1190.2201.1190.4217.1

224.6241.0268.8329.3369.5

421.0499.8556.5656.0767.8

850.1851.7812.2803.4725.7

647.7602.2626.3659.4703.0

Live-stock1

5.1

5.37.19.69.79.0

9.711.913.314.412.9

17.119.514.811.711.2

10.611.013.917.715.2

15.616.417.315.914.5

17.619.018.820.223.5

23.727.334.142.424.5

29.429.031.951.361.4

60.653.553.049.749.6

46.347.657.965.767.0

Other physical assets

Machin-ery andmotor

vehicles

3.1

3.34.04.95.46.5

5.45.37.4

10.112.2

14.116.717.418.418.7

19.320.220.121.822.7

22.222.523.523.924.8

26.027.429.831.332.3

34.436.639.344.252.6

62.169.375.983.093.2

99.3107.8107.9106.2102.7

92.484.478.679.381.0

Crops2

2.2

2.33.24.35.56.0

6.07.08.97.45.9

7.18.27.96.87.5

6.56.86.46.96.6

6.77.07.37.97.7

8.38.98.38.18.4

9.09.8

13.021.423.0

21.121.220.625.329.2

33.029.127.723.929.7

23.619.120.926.222.0

House-hold

equip-mentand

furnish-ings

4.2

4.14.84.84.75.2

5.57.28.18.98.4

9.610.19.59.59.7

10.09.69.69.49.2

8.78.98.88.88.4

8.48.38.89.49.6

10.010.811.912.311.2

11.712.113.816.017.2

19.420.823.024.426.1

27.830.532.938.841.0

Financial assets

Depos-its

andcur-

rency

3.2

3.54.25.46.67.9

9.410.29.99.69.1

9.19.49.49.49.4

9.59.49.5

10.09.2

8.78.89.29.29.6

10.010.310.911.511.9

12.413.214.014.914.0

14.514.815.215.515.9

16.216.717.418.219.8

21.124.826.427.528.0

U.S.savingsbonds

0.3

.4

.51.12.23.4

4.24.24.44.64.7

4.74.74.64.75.0

5.25.15.15.24.7

4.64.54.44.24.2

4.13.93.83.83.7

3.63.74.04.23.8

3.93.83.94.24.0

3.83.63.53.63.7

3.94.55.05.45.5

Invest-ments incooper-atives

0.8

.9

.91.01.11.2

1.41.51.71.92.1

2.32.52.72.93.0

3.23.53.73.94.2

4.54.85.05.45.6

5.96.26.56.86.4

7.27.98.99.9

10.2

11.913.213.315.918.0

19.220.421.823.224.4

24.025.125.325.525.5

Claims

Total

52.6

53.761.472.982.992.1

102.0116.1127.1132.9130.3

152.9169.8166.3162.3167.0

172.5181.6191.0206.4210.2

210.9218.9226.2234.3243.3

260.3274.2288.0281.5312.9

324.8350.2393.9478.5508.8

575.5663.3731.1867.3

1,006.7

1,101.61,103.71,066.41,052.6

981.7

886.8838.2873.3927.9973.0

Realestatedebt3

6.6

6.56.46.05.44.9

4.84.95.15.35.6

6.16.77.37.88.3

9.09.9

10.411.112.1

12.914.015.216.918.9

21.223.125.227.529.4

30.532.435.439.844.9

49.955.463.972.886.8

97.5107.2111.3113.7112.3

105.795.987.783.080.5

Non-real

estatedebt4

3.0

3.33.53.22.92.7

2.93.54.14.95.2

6.17.47.76.87.2

7.98.08.8

10.111.5

12.012.714.215.616.4

18.119.820.820.421.2

22.325.128.033.136.7

41.647.855.063.875.7

81.288.291.892.792.0

82.270.866.065.665.0

Propri-etors'

equities

43.0

43.851.563.774.584.4

94.4107.8118.0122.7119.5

140.7155.7151.4147.8151.5

155.6163.8171.8185.2186.6

186.1192.2196.8201.8208.0

221.0231.3242.0233.6262.4

272.0292.7330.6405.6427.1

484.1560.1612.1730.7844.2

922.9908.2863.3846.1777.4

698.9671.6719.6779.4827.5

1 Beginning with 1959, horses and mules are excluded.2 Non-Commodity Credit Corporation (CCC) crops held on farms plus value above loan rate for crops held under CCC.' Includes CCC storage and drying facilities loans.4 Does not include CCC crop loans.5 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 include operator households.Beginning 1959, data include Alaska and Hawaii.Source*. Department of Agriculture.


INTERNATIONAL STATISTICS

TABLE C-101.—International investment position of the United States at year-end, 1981-88


Type of investment

Net international investment position of the United States...

U S assets abroad

U S official reserve assets

GoldSpecial drawing rightsReserve position in the International Monetary

PundForeign currencies

U.S. Government assets, other than official reserve

U S loans and other long-term assets

Repayable in dollarsOther 7

U.S. foreign currency holdings and U.S. short-term assets

U S. private assets

Direct investment abroadForeign securities .

BondsCorporate stocks

U.S. claims on unaffiliated foreigners reportedby U S nonbanking concerns

U.S. claims reported by U.S. banks, not includedelsewhere

Foreign assets in the United States

Foreign official assets in the United States

U S Government securities

US Treasury securitiesOther

Other U S Government liabilitiesU.S. liabilities reported by U.S. banks, not in-

eluded elsewhereOther foreign official assets

Other foreign assets in the United States

Direct investment in the United StatesU.S Treasury securitiesU.S. securities other than U.S. Treasury securi-

ties

Corporate and other bonds...Corporate stocks

U.S. liabilities to unaffiliated foreigners reportedby U S nonbanking concerns

U.S. liabilities reported by U.S. banks, not in-cluded elsewhere

1981

140.9

719.6

30.1

11.241

5.19.8

68.7

67.2

65.022

1.5

620.9

228.3632

45.817.4

35.9

293.5

578.7

180.4

125.1

117.081

130

26.715.5

398.3

108.718.5

751

10.7644

306

1654

1982

136.7

8248

340

11.153

7310.2

74.6

729

70.919

1.7

716.2

207.8753

56718.6

286

4046

6881

1891

132.6

124.977

136

250179

498.9

124.725.8

930

167763

275

2280

1983

89.0

8735

337

11150

1136.3

795

778

76.018

1.7

760.2

207.2834

57525.9

351

4345

7845

1945

1370

129.773

142

255177

590.0

137.133.8

1138

175964

269

2783

1984

3.3

8959

349

11.156

1156.7

84.8

829

81.118

2.0

776.1

211.5889

61927.0

301

4456

8926

1993

1430

135.575

150

261152

693.3

164.658.2

1273

32.7945

310

3122

1985

-111.4

9497

432

11173

11912.9

876

858

84117

1.8

818.9

230.31122

72939.3

290

4474

10611

2027

1434

135777

159

267167

858.4

184.683.6

2062

8251237

295

3545

1986

-267.8

10733

485

11184

11717.3

895

888

87216

.8

9353

25981317

81750.0

364

5073

13411

2419

1773

170667

180

279188

10992

220.4915

3088

14211667

269

4516

1987

-378.3

11697

458

111103

11313.1

885

876

86.016

9

1,035.4

308.01467

920547

312

5495

15480

2836

2189

211179

155

318173

12644

271.8783

3443

17081734

294

5406

1988

-532.5

12537

478

11196

97174

855

849

83415

6

11204

32691568

940627

329

6038

17862

3221

2592

250390

142

315172

14641

328.9966

3936

19521984

355

6095



TABLE C-102.—U.S. international transactions, 1946-89

[Millions of dollars; quarterly data seasonally adjusted, except as noted. Credits ( + ), debits (-)]

Year orquarter

1946194719481949

19501951195219531954

19551956195719581959

19601961196219631964

19651966196719681969

19701971197219731974

19751976197719781979

19801981198219831984

1985198619871988

1987:IIIIIIIV

1988:|IIIllIV

1989:IIIIll"

Merchandise12

Exports

11,76416,09713,26512,213

10,20314,24313,44912,41212,929

14,42417,55619,56216,41416,458

19,65020,10820,78122,27225,501

26,46129,31030,66633,62636,414

42,46943,31949,38171,41098,306

107,088114,745120,816142,054184,473

224,269237,085211,198201,820219,900

215,935223,367250,266319,251

57,25560,01564,29768,699

76,44778,47180,60483,729

87,91991,42391,569

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

-98,185-124,228-151,907-176,001-212,009

-249,749-265,063-247,642-268,900-332,422

-338,083-368,425-409,766-446,466

-95,916-99,834-104,903-109.113

-109,893-109,882-110,943-115,748

-116,297-118,977-119,320

Net

6,69710,1245,7085,339

1,1223,0672,6111,4372,576

2,8974,7536,2713,4621,148

4,8925,5714,5215,2246,801

4,9513,8173,800635607

2,603-2,260-6,416

911-5,505

8,903-9,483-31,091-33,947-27,536

-25,480-27,978-36,444-67,080-112,522

-122,148-145,058-159,500-127,215

-38,661-39,819-40,606-40,414

-33,446-31,411-30,339-32,019

-28,378-27,554-27,751

Investment income3

Receipts

7721,1021,9211,831

2,0682,6332,7512,7362,929

3,4063,8374,1803,7904,132

4,6164,9995,6186,1576,824

7,4377,5288,0219,36710,913

11,74812,70714,76521,80827,587

25,35129,28632,17842,24564,132

72,50686,41283,54877,25185,908

88,83288,615104,703107,775

25,11722,74423,57833,265

26,75023,14824,72033,159

26,83026,64433,808

Payments

-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

-42,119-52,329-54,884-52,376-67,419

-62,901-66,968-82,420-105,548

-19,755-20,554-21,904-20,207

-23,955-25,613-27,310-28,670

-29,246-32,765-31,197

Net

560857

1,4841,355

1,5092,0502,1962,1122,347

2,7303,1023,3842,9653,071

3,3783,7544,2944,5975,041

5,3495,0475,2745,9896,044

6,2337,2728,19312,15315,503

12,78715,97517,96120,56531,171

30,38734,08328,66424,87518,489

25,93121,64722,2832,227

5,3622,1901,67413,058

2,795-2,465-2,5904,489

-2,416-6,1212,611

Netmilitarytransac-tions

-493-455-799-621

-576-1,270-2,054-2,423-2,460

-2,701-2,788-2,841-3,135-2,805

-2,752-2,596-2,449-2,304-2,133

-2,122-2,935-3,226-3,143-3,328

-3,354-2,893-3,420-2,070-1,653

-746559

1,528621

-1,778

-2,577-1,523-474-343

-2,099

-3,557-4,576-2,857-4,606

-176-210

-1,031-1,440

-964-1,033-1,006-1,604

-1,498-1,518-968

Nettraveland

transpor-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

-992-4,227-7,885

-9,832-8,031-7,324-2,633

-1,965-2,088-1,279-1,993

-1,854-719-155

94

-29791193

Otherserv-ices,net3

310145175208

242254309307305

299447482486573

639732912

1,0361,161

1,4801,4971,7421,7591,964

2,3302,6492,9653,4064,231

4,8545,0275,6806,4586,215

7,79411,08511,43612,26412,299

12,35118,54717,90920,335

4,2504,3724,5554,734

4,7875,0425,1265,381

5,7255,8866,884

Balanceon goods

andservices4

7,80711,6176,9426,511

2,1774,3993,1451,1952,499

2,9285,1537,1073,1451,166

5,1916,4846,1277,2449,724

8,3786,0955,8383,6933,524

5,7732,423

-1,74211,2449,392

22,9849,521

-9,488-9,8755,138

9,12615,8102,191

-34,510-91,718

-97,256-117,470-129,488-111,892

-31,190-35,555-36,687-26,055

-28,682-30,586-28,964-23,659

-26,864-29,216-19,031

Remit-tances,pensions,and otherunilateraltransfers 1

-2,922-2,625-4,525-5,638

-4,017-3,515-2,531-2,481-2,280

-2,498-2,423-2,345-2,361-2,448

-2,367-2,662-2,740-2,831-2,901

-2,948-3,064-3,255-3,082-3,125

-3,443-3,856-4,052-4,1038 -7,431

-4,868-5,314-5,023-5,552-6,128

-7,593-7,647-9,188-9,776-12,468

-15,426-15,778-14,212-14,656

-3,137-3,265-3,225-4,586

-3,364-2,899-3,376-5,018

-3,526-2,868-3,656

Balanceon

currentaccount4

4,8858,9922,417873

-1,840884614

-1,286219

4302,7304,762784

-1,282

2,8243,8223,3874,4146,823

5,4313,0312,583611399

2,331-1,433-5,7957,1401,962

18,1164,207

-14,511-15,427-991

1,5338,163

-6,997-44,286-104,186

-112,682-133,249-143,700-126,548

-34,327-38,820-39,912-30,641

-32,046-33,485-32,340-28,677

-30,390-32,084-22,687

1 Excludes military.2 Adjusted from Census data for differences in valuation, coverage, and timing.3 Fees and royalties from U.S. direct investments abroad or from foreign direct investments in the United States are excluded from

investment income and included in other services, net.4 In concept, balance on goods and services is equal to net exports and imports in the national income and product accounts (andthe sum of balance on current account and allocations of special drawing rights is equal to net foreign investment in the accounts),although the series differ because of different handling of certain items (gold, capital gains and losses, etc.), revisions, etc.



TABLE C-102.—U.S. international transactions, 1946-89—Continued

[Millions of dollars; quarterly data seasonally adjusted, except as noted]

Year orquarter

1946194719481949

19501951195219531954

19551956195719581959

I9601961196219631964

19651966196719681969

19701971197219731974

19751976197719781979

19801981198219831984

1985198619871988

1987: 1IIIIIIV

1988: 1||IllIV

1989:1HIII '

U.S. assets abroad, net[increase/capital outflow (-)]

Total

-4,099-5,538-4,174-7,270-9,560

-5,716-7,321-9,757

-10,977-11,585

-9,337-12,475-14,497-22,874-34,745

-39,703-51,269-34,785

61130-64,331

-86,118-110,951-121,153-49,777-22,304

-32,628-99,665-76,218-82,110

8,759-22,632-25,976

36370

4,540-16,119-37,886-32,648

31318377

-47,156

U.S.officialreserveassets6

-623-3315-1,736

-266

1,758-33

-4151,256

480

182869

-1,1652,2921,035

2,145607

1,535378171

1,22557053

-870-1,179

2,4812,349

158-1,467

849-2,558

-375732

-1,133

-8,155-5,175-4,965-1,196

3131

-3,858312

9,149-3,566

1,9563,419

323,742

1,50339

-7,3802,272

-4,000-12,095-5,996

OtherU.S.

Govern-mentassets

-1,100-910

-1,085-1,662-1,680

-1,6051543

-2,423-2,274-2,200

-1,589-1,884-1,568-2,644

*366

-3,474-4,214-3,693-4,660-3,746

-5,162-5,097-6,131-5,006-5,489

-2,821-2,024

9972,999

40-195

308843

-1,490885

1,9613,413

1,049309644

U.S.privateassets

-5,144-5,235-4,623-5,986-8,050

-5,3366347

-7,3867833

-8,206

-10,229-12,940-12,925-20,388-33,643

-35,380-44,498-30,717-57,202-59,453

-72,802-100,679-110,058-43,576-13,685

-25,950-97,954-86,363-81,543

6,763-25,856

26316-40,955

4,52815273

-32,46738332

-28,36712,781

-41,804

Foreign assets in the U.S., net[increase/capital inflow (+)]

Total

2,2942,7051,9113,2173,643

7423,6617,3799,928

12,702

6,35922,97021,46118,38834,241

15,67036,51851,31964,03638,752

58,11283,03293,74684,869

102,621

130,012221,605218,039219,299

33,38151,13473,57559,949

27,02765,33446,17980,759

60,007-1,78972,482

Foreignofficialassets

1,473765

1,2701,9861,660

134672

3,451-774

-1,301

6,90826,87910,4756,026

10,546

7,02717,69336,81633,678

-13,665

15,4974,9603,5935,8453,140

-1,08335,59445,19338,882

14,04010,329

75320,070

24,6315,895

-2,23410,589

7,478-5,20111,246

Otherforeignassets

8211,939

6411,2311,983

6074,3333,928

10,70314,002

-550-3,90910,98612,36223,696

8,64318,82614,50330,35852,416

42,61578,07290,15479,02399,481

131,096186,011172,847180,418

19,34140,80572,82239,879

2,39659,43848,41370,170

52,5293,412

61,236

Alloca-tions ofspecialdrawingrights(S&Rs)

867717710

1,139

1,1521,093

Statisticaldiscrepancy

Total(sum of

the itemswith signreversed)

-1,019-989

-1,124-360

907

-457629205438

-1,516

-219-9,779-1,879-2,654-1,458

5,91710,544

-2,02312,52125,431

25,32218,66334,4049,194

23,869

15,29811,3081,878

10641

-7,81310,318

-7,6877,062

479-15,729

24,047-19,434

1,70233,496

-2,639

Of which:Seasonaladjust-ment

discrep-ancy

3,8952559

-4,5013,166

3,843-3,714-4,556

4,431

4,127-2,311

5 115

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).Note.—Quarterly data for investment income payments, net military transactions, U.S. official reserve assets and foreign assets in the

United States are not seasonally adjusted.Source: Department of Commerce, Bureau of Economic Analysis.


TABLE C-103.—U.S. merchandise exports and imports by principal end-use category, 1965-89[Billions of dollars; quarterly data seasonally adjusted]

Year orquarter

19651966196719681969

19701971197219731974

1975197619771978 »1979

19801981198219831984

1985198619871988

1987:

ll"""""IIIIV

1988:

||*HI";!!;;;;!IV

1989:III ....Ill ».

Exports

Total

26.529.330.733.636.4

42.543.349.471.498.3

107.1114.7120.8142.1184.5

224.3237.1211.2201.8219.9

215.9223.4250.3319.3

57.360.064.368.7

76.478.580.683.7

87.991.491.6

cultur-al

prod-ucts

6.36.96.56.36.1

7.47.89.5

18.022.4

22.223.424.329.935.6

42.244.037.237.138.4

29.627.429.538.1

6.57.18.07.9

9.09.49.99.8

10.810.99.8

Nonagricultural products

Total

20.222.424.227.330.3

35.135.539.953.475.9

84.891.496.5

112.2148.9

182.1193.1174.0164.7181.5

186.4196.0220.7281.1

50.752.956.360.8

67.469.170.773.9

77.280.681.8

trialsupplies

mate-rials

7.68.28.59.6

10.4

12.310.911.816.926.2

26.728.329.733.551.6

64.663.257.452.356.0

54.058.762.681.5

14.315.216.117.1

19.920.520.420.7

21.823.522.8

Capitalgoodsexcept

automo-tive

8.18.99.9

11.112.4

14.715.416.922.030.9

36.639.139.846.759.2

75.182.474.369.274.3

76.579.387.7

112.4

19.920.622.924.3

26.927.328.229.9

30.832.334.8

Auto-motive

1.92.42.83.53.9

3.94.75.57.08.8

10.812.213.515.518.1

17.119.317.018.322.1

24.724.927.532.5

6.76.76.57.7

8.27.88.08.6

8.88.68.3

Other

2.62.93.03.23.7

4.34.55.67.6

10.0

10.711.713.516.420.1

25.328.125.324.929.1

31.133.142.854.7

9.910.410.811.7

12.513.414.114.8

15.816.215.8

Imports

Total

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

338.1368.4409.8446.5

95.999.8

104.9109.1

109.9109.9110.9115.7

116.3119.0119.3

leumand

prod-ucts

2.02.12.12.42.6

2.93.64.78.4

26.6

27.034.645.042.661.0

79.478.662.055.358.0

51.334.442.939.3

8.910.112.811.2

10.110.29.89.2

10.913.413.3

Nonpetroleum products

Total

19.523.424.830.633.2

36.941.951.162.177.2

71.289.7

106.9133.4151.1

170.4186.5185.6213.6274.4

286.8334.0366.8407.2

87.189.792.297.9

99.899.6

101.2106.5

105.4105.5106.0

Indus-trial

andmate-rials

9.110.210.012.011.7

12.313.616.019.227.4

23.629.135.040.647.5

52.956.448.953.966.0

62.469.970.883.0

16.816.417.719.9

20.920.820.221.2

21.421.020.7

Capitalgoodsexcept

automo-tive

1.52.22.52.83.4

4.04.35.98.39.8

10.212.314.019.424.5

31.436.938.443.260.5

61.472.185.1

101.8

19.120.721.923.4

24.125.325.726.8

27.228.528.4

Auto-motive

0.91.82.44.05.1

5.77.69.0

10.712.4

12.116.819.425.026.5

28.130.934.043.256.6

65.178.185.287.9

20.821.321.122.0

21.621.321.823.3

22.821.221.1

Other

8.09.29.9

11.813.0

15.016.520.223.927.5

25.331.438.648.452.6

58.062.364.373.391.4

97.9113.9125.7134.4

30.331.431.532.5

33.232.333.635.3

34.134.835.8

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,

urce: Department of Commerce, Bureau of Economic Analysis.


TABLE C-104.—U.S. merchandise exports and imports by area, 1980-89[Billions of dollars]

Item

ExportsIndustrial countries

CanadajapanWestern EuropeAustralia, New Zealand,

and South AfricaAustralia

Other countries, exceptEastern EuropeOPEC2

Other8

Eastern EuropeInternational organizations

and unallocated

Industrial countriesCanada ....JapanWestern EuropeAustralia, New Zealand,



Other8


and unallocatedBalance (excess of

exports +)Industrial countries

CanadajapanWestern EuropeAustralia, New Zealand,



Other8


and unallocated

1980

224.3137.2

41620.867.6

7.1

4.0

82.9

17.465.6

4.1

o249.8

127.9

42.931247.2

6.5

2.5

119.1

55.663.5

1.4

1.3

-25.5

9.3

13-10.4

20.4

.6

1.5

-36.2

382202.7

-1.3

1981

237.1

141.9

46021.865.1

9.0

5.1

90.7

21.169.6

4.4

.1

265.1

144.3

48.337652.9

5.6

2.5

119.2

49.969.3

1.6

-28.0

-2.4

22-15.8

12.2

3.4

2.6

-28.5

288'3

2.9

.1

1982

211.2

127.3

39220.759.7

77

4.4

80.1

20.759.5

3.7

.1

247.6

144.1

48.537.752.9

5.0

2.3

102.4

31.570.9

1.1

.0

-36.4

-16.9

93-17.0

6.8

2.6

2.1

-22.3

109-114

2.7

.0

1983

201.8

128.4

44521.855.4

6.6

3.9

70.4

15.355.2

3.0

.1

268.9

159.9

56.042.855.6

5.4

2.3

107.6

25.382.3

1.4

.0

-67.1

-31.5

-115-21.1

-.2

1.2

1.6

-37.2

100-27.1

1.6

.1

1984

219.9

141.0

53023.256.9

7.8

4.8

74.6

13.860.8

4.3

.0332.4

205.5

67.660.272.1

5.6

2.7

124.7

26.997.8

2.2

-112.5

-64.5

-146-37.0-15.2

2.2

2.1

-50.1

131-370

2.1

.0

1985

215.9

140.5

55422.156.0

7.0

5.1

72.0

11.460.6

3.3

.2

338.1

219.1

70.465777.5

5.6

2.7

117.1

22.794.5

1.8

-122.1

-78.6

-150-43.5-21.4

1.4

2.4

-45.2

113-339

1.4

.2

1986

223.4

150.3

56526.460.4

7.1

5.1

71.0

10.460.6

2.1

368.4

245.4

69.780889.0

5.9

2.6

121.1

18.9102.2

2.0

-145.1

-95.0

-132-54.4-28.6

1.1

2.5

-50.1

85416

.1

1987

2503

165.6

62027.668.6

7.4

5.3

82.4

10.771.7

2.3

409.8

259.7

73.684696.1

5.4

3.0

148.2

24.4123.8

1.9

-159.5

-94.0

116-57.0-27.5

2.0

2.3

-65.8

137521

.3

1988

3193

206.573537.186.4

9.4

6.8

108.9

13.795.2

3.8

446.5

282.4

84.4898

102.2

6.0

3.5

161.9

23.0138.9

2.2

-127.2

-75.8

109-52.6-15.8

3.4

3.3

-53.0

934381.6

1989 first3 quartersat annual

rate1

3612

234.1

81 143.898.3

10.8

8.2

121.5

12.8108.8

5.6

472.8

290.5

890934

101.4

6.6

3.7

180.2

30.4149.9

2.1

-111.6

-56.4

79-49.6-3.1

4.2

4.5

-58.7

17641 1

3.5

1 Preliminary; seasonally adjusted.'Organization of Petroleum Exporting Countries, consisting of Algeria, Ecuador, Gabon, Indonesia, Iran, Iraq, Kuwait, Libya, Nigeria,

Qatar, Saudi Arabia, United Arab Emirates, and Venezuela.8 Latin American Republics, 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.Source: Department of Commerce, Bureau of Economic Analysis.


TABLE C-105.—U.S. merchandise exports, imports, and trade balance, 1970-89

[Billions of dollars; monthly data seasonally adjusted]

Year ormonth

19701971 ....197219731974

197419751976 «197719781979

1980

198119821983 ...,19841985 ....19861987 ....19881988:

JanFebMar ..,AprMayJuneJulyAugSeptOct.NovDec

1989:JanFebMarApr-MayJuneJulyAUKSeptOct.Nov

Merchandise exports (f.a.s. value) *

Total8

Principal end-use commodity category

Foods,feeds,

andbev-er-

ages

in-dus-trialsup-pliesandma-teri-als

ftgoods

ex-ceptauto-mo-tive

Auto-mo-tivevehi-cles,

«'en-

gines

Con-sum-

er

ex-ceptauto-mo-tive

Other"

F.a.s. value *

43244.149971.9994

994108.91168123.21458186.4

??5.6

238.7216.4205.6??4.07 218.8

7 227.2254.1322.4

?47?4826.826.027.426.7?6.fi27.527.6?7.927.528.9

29.028.830.130.830.531.330.530.630.731.030.2

31.330931.524.022.324.332.3

23?5?52.6?.92.7?.8292.92.7?,62.8

?92.93,?3.13?3.22.92.8262.72.7

61.756.761.758.557.366.785.1

6.7677.67.07.27.17.17.17.26.87.07.4

7.17.57,68.07.9s.a8.27.87.67.87.6

72.767.272.073.975.886.2

109.2

8.68.68.68.79.28.89.29.39.49.49.4

10.1

9.49.39.9

10.19.8

, 10.610.910.611.710.89.8

15.716.820.622.921.724.629.3

2.2?.42.62.32.52.22.12.82.52.52.52.7

2.42.42.52.42.3

,2.3'2.22.72.32.62.5

14.313.413.312.614.217.723.1

1.71.71.81.81.91.92.02.02.12.02.02.3

2.42.52.72.82.62.92.62.72.82.72.9

20.720.524.027.335.934.643.4

3.22.93.63.53.84.03.53.43.64.44.03.6

4.74.24.24.44.64.03.64.03.74.44.7

General merchandise imports (customs value)8

Total

Principal end-use commodity category

Foods,feeds,

andbev-er-

ages

In-dus-trialsup-pliesandma-teri-als

ftgoods

ex-ceptauto-mo-tive

Auto-mo-tivevehi-cles,parts,anden-

gines

Con-sum-

er

(non-

ex-ceptauto-mo-tive

Other

Customs value

40.045.655.669.5

103.3

F.a.s. value 6

102.698.5

123.5150.4174.8209.5

244.9

Customs value

261.0244.0258.0

•330.7•336.5

365.4406.2441.0

35.236.336.335.436.137.335.137.636.837.138.139.7

37.938.239.539.040.539.338.740.739.241.340.7

17.118.221.021.924.424.824.8

2.12.22.22.02.01.91.92.22.02.12.12.2

2.22.02.12.02.22.02.02.11.92.32.2

112.0107.0123.7113.9101.3111.0118.3

9.69.69.99.5

10.410.29.7

10.29.39.99.8

10.2

10.710.011.011.311.711.411.411.410.311.811.0

35.440.959.865.171.884.5

101.4

7.88.38.28.18.38.87.98.98.78.29.19.1

9.09.39.39.19.99.59.1

10.29.69.7

10.2

33.340.853.566.878.285.287.7

7.07.47.37.36.87.36.67.27.67.77.58.0

7.47.67.77.37.26.76.67.17.27.17.0

39.744.960.068.379.488.795.9

7.87.97.67.57.78.07.98.18.08.18.39.0

7.78^8.38.38.58.5

-^8.68.79.09.09.0

6.56.37.89.4

10.412.112.8

0.9.9

1.11.01.01.11.11.11.11.11.21.2

.91.01.11.11.1

-1.11.01.21.21.41.2

ftan

eralmer-chan-dise

portsfci.f.

value)4

42448.358973.2

110.9

1109105.9132.5160.4186.0222.2

257.0

273.4254.9269.9346.4352.5382.3424.4459.5

36.837.937.936.937.738.836.539.238.238.639.641.3

39.539J41.240.742.240.940.4

4 42.440.843.142.5

Trade balance

Ex-nnrte

(Us.)lessim-

ports(cus-tomsval-...\uej

32-15-57

2.4-3.9

-3110.4

-67-27.2-289-23.1

-19.3

-22.3-27.5-52.4

-106.7-117.7-138.3-152.1-118.5

-10.5-11.5-9.6-9.3-8.7

-10.6-8.5

-10.1-9.2-9.2

-10.5-10.8

-8.9-9.4-9.5-8.3

-10.1-8.0-8.2

-10.1-8.5

-10.2-10.5

Ex-ports

(f.a.s.)lessim-

portsfci.f.)

08-4.3

90-1.3

-11.4

-1143.0

-157-37.2-402-35.9

-31.4

-34.6-38.4-64.2

-122.4-133.6-155.1-170.3-137.1

-12.1-13.1-11.2-10.8-10.2-12.1-9.9

-11.7-10.6-10.7-12.1-12.5

-10.5-10.9-11.2-9.9

-11.7-9.6-9.9

-11.9-10.1-12.0-12.3

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.

* Includes undocumented exports to Canada.3 Total arrivals of imported goods other than intransit shipments.*C.i.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.• 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 C-106.—International reserves, selected years, 7952-89

[Millions of SDRs; end of period]

All countries

Industrial countries *

United States . ..CanadaAustraliaJapanNew Zealand

AustriaBelgiumDenmarkFinland.France

GermanyGreeceIceland...IrelandItalyNetherlands

NorwayPortugalSpainSwedenSwitzerlandUnited Kingdom

Developing countries: Total 2By area:

AfricaAsia *Europe ...Middle EastWestern Hemisphere

Memo:Oil-exporting countriesNon-oil developing countries »

1QCO

49,388

39,280

247141,944

9201101

183

1161133

150132686

960948

318722953

164603134504

1,6671956

9,648

17863,793

26911832,616

1,6997,949

1QCO

62,851

53,502

172202,5611,1682021

251

10811753

256237

4,049

695828732

3594,0681,943

304680

1045802

2,9193308

9,349

21102,772

38118052,282

2,0307,319

1079

147,323

113,362

12,1125,5725,656

16,916767

2,5053564

787664

9,224

21,90895078

1,0385,6054,407

1,2202,12946181,4536,9615201

33,961

3,9628,1293,3459,4369,089

9,95624,005

IQfi?

361,452

214,014

299183,4286,053

22001577

554447572,1111,420

17,850

43909916133

2,39015,10810,723

6,2721,17974503,397

16,93011904

147,438

773144,4765,571

6409425,566

67,16380,275

IQfiC

451,830

279,622

397903,3486,202

353943,084

577857244,1161,528

28,579

456261,357

2552658

18,67410,687

10,2811,896

125815,568

20,72615726

172,208

745381,3137,893

4791427,635

51,898120,311

1QB7

539,688

352 489

336575,7786,441

579252,298

604979587,1534592

26,161

588462,007

2213393

23,63112818

10,1053047

220355,974

2228330070

187,199

754999,7016820

4589727,233

49,146138,053

1QQO

574,687

381,104

3647112,03710,383727272,108

621581138,0574801

21,713

468242,808

2183793

28,13113483

9,9014372

280416,523

2090033438

193,584

7748112,141

8,8984166623,131

42,993150,590

19

Nov

616,604

406193

5692712,63810975658752,225

6858914148314073

21,829

496542,099

2922799

36,86514275

10,2937763

326767,714

1924727098

210,411

8567121,288126434331724,596

43,688166,724

89

Dec

12,78110488647352,282

925049253958

495232572

2583100

3788414100

10531

321047487

2202727121

1 Includes data for Luxembourg.* 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; 1986-1.22319; 1987-1.41866; 1988-1.34570; November 1989-1.28771; and December 1989-1.31416.

Source: International Monetary Fund, International Financial Statistics.


TABLE C-107.—Industrial production and consumer prices, major industrial countries, 1962-89

Year or quarter

1962196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881988:1

||IllIV

1989:1IIIIIIV

19621963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891988- 1

IIHIIV

1989- 1||IllIV

UnitedStates Canada Japan

EuropeanCommu-nity1

France WestGermany Italy United

Kingdom

Industrial production (1977=100)*

53.256.360.166.172.073.577.681.278.579.687.394.493.084.892.6100.0106.5110.7108.6111.0103.1109.2121.4123.7125.1129.8137.2134.5136.0138.4139.9140.7141.8142.2142.3

46.649.654.158.763.065.569.774.575.579.685.694.797.791.997.5100.0103.5108.5104.8106.996.5102.7115.2121.6121.5128.3136.3134.4136.3137.6136.7137.1138.0137.4

29.232.537.739.244.252.860.870.480.182.386.899.096.786.596.1100.0106.3113.8119.0120.3120.7124.5136.1141.0140.8145.7159.2156.6157.1160.2163.1167.7168.1168.8

55.758.162.364.967.468.573.680.584.586.490.296.897.591.097.7100.0102.8107.5107.2105.1103.9104.8107.2110.7113.3115.6120.6117.6118.7120.6122.6123.0124.0

505660616466687579848895989198100102107107106105105106106107109114

—112:3113.0115.9115.6117.4119.3120.6

56.6

66'.967.565.571.580.685.887.590.896.796.490.598.7100.0102.7107.7108.0105.9102.7103.3106.2111.0113.2113.7117.8115.7116.7119.0120.0121.2122.1125.0

49.654.056.158.765.670.774.877.682.682.286.294.598.389.6100.0100.0101.9108.7114.8113.0109.5105.9109.5110.7114.7119.3126.4125.0124.4126.2129.6128.4127.1129.5

68.470.776.478.679.880.486.589.589.989.591.199.297.392.195.1100.0102.8106.899.896.798.5102.2102.4107.9110.1114.0118.1116.3118.1119.3118.9118.1117.8119.4

Consumer prices (1982-84=100)

30.230.631.031.532.433.434.836.738.840.541.844.449.353.856.960.665.272.682.490.996.599.6103.9107.6109.6113.6118.3124.0116.4117.7119.0120.3121.9123.8124.6125.8

27.427.928.429.130.231.332.534.035.136.137.940.745.250.153.858.163.369.176.185.694.9100.4104.8108.9113.4118.4123.2129.3121.1122.6124.0125.0126.5128.7130.5131.5

24.726.627.729.531.132.234.035.838.540.942.947.959.066.072.178.081.384.390.995.498.099.9102.1104.2104.9105.0105.7

104.8105.6105.7106:5105.9108.4108.6

22.723.624.425.326.226.927.929.030.532.434.337.242.147.652.657.761.767.375.384.192.8100.2107.0113.2117.1120.7124.6

122.7124.1125.2126.7128.5130.4131.5

21.022.022.723.323.924.625.727.428.730.332.234.539.343.948.152.757.563.672.281.891.7100.3108.0114.3117.2121.1124.3

122.7123.9125.0125.8126.8128.4129.3

43.144.345.446.948.549.350.151.052.955.658.762.867.271.274.276.979.082.386.892.297.0100.3102.7104.8104.7104.9106.3109.2105.6106.2106.4106.7108.2109.3109.3109.9

12.613.614.415.015.416.016.216.616.817.618.720.624.628.833.640.145.152.163.275.487.7100.8111.5121.1128.5134.4141.1150.4138.6140.0141.5144.2147.1149.6151.1153.7

15.816.116.617.418.118.519.420.421.823.825.527.932.340.246.854.258.766.678.587.995.499.8104.8111.1114.9119.7125.6135.4121.8124.8126.5129.2131.2135.0136.3139.0

1 Consists of Belgium-Luxembourg, Denmark, France, Greece, Ireland, Italy, Netherlands, United Kingdom, West 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 All data exclude construction. Quarterly data are seasonally adjusted.

Sources: Department of Commerce (International Trade Administration, Office of Trade and Investment Analysis, Trade StatisticsDivision) and Department of Labor (Bureau of Labor Statistics).


TABLE C-108.—Civilian unemployment rate, and hourly compensation, major industrial countries,

1960-89

[Quarterly data seasonally adjusted]

Year or quarter

I9601961196219631964196519661967 . ...19681%9197019711972197319741975 .19761977 . ...19781979 ..

1980198119821983198419851986198719881989 .1988: 1

IIIIIIV

1989: 1IIIII .'..IV

196019611962196319641965196619671968196919701971197219731974197519761977 .. . ...197819791980198119821983 .. ..19841985198619871988

UnitedStates Canada Japan France West

Germany Italy UnitedKingdom

Civilian unemployment rate (percent)1

5.56.75.55.75.24.53.83.83.63.54.95.95.64.95.68.57.77.16.15.87.17.69.79.67.57.27.06.25.55.35.75.55.55.35.25.35.35.3

6.56.75.55.24.43.63.43.84.54.45.76.26.25.55.36.97.18.18.37.47.57.5

11.011.811.210.59.58.87.87.57.87.77.87.77.67.67.47.6

1.71.51.31.31.21.21.41.31.21.11.21.31.41.31.41.92.02.02.32.12.02.22.42.72.82.62.82.92.5

2.72.52.62.42.42.32.3

1.51.21.41.61.21.61.62.12.72.32.52.82.92.82.94.14.55.15.36.06.47.68.38.5

10.010.410.610.810.410.110.410.410.410.210.110.110.210.1

1.1.6.6

14

U1.1.6

'.6.7.7

1.63.43.43.53.33.02.94.15.8

2 7.17.47.56.9

2 6.46.35.76.46.46.36.25.85.75.75.6

3.73.22.82.42.73.53.73.43.53.53.23.33.83.73.13.43.94.14.14.44.44.95.45.95.96.0

2 7.57.97.97.88.07.97.97.87.88.07.87.7

Manufacturing hourly compensation in U.S. dollars (1977=100)

35.636.738.139.240.941.743.646.049.553.157.060.463.368.275.984.992.0

100.0108.3118.9132.8145.7158.7162.7168.1176.3184.3189.2196.0

30.129.628.929.831.032.835.537.640.543.848.854.359.463.775.082.597.3

100.0100.3107.6119.3133.9143.8152.8152.3151.3155.6171.5196.1

6.67.78.89.8

11.012.413.615.317.821.325.330.239.854.566.476.081.9

100.0137.0139.2143.2157.6146.9158.6163.5170.1252.7301.0357.9

15.116.618.420.021.823.625.026.830.230.732.336.544.157.563.487.490.4

100.0123.4148.3172.9155.4152.4145.2137.8145.3197.8238.3249.0

10.512.213.914.816.117.619.120.221.724.130.535.943.459.169.179.984.2

100.0124.8147.0160.7138.5134.8134.8126.9129.9183.4230.0245.0

13.014.417.020.121.422.924.426.928.731.438.244.753.062.673.292.189.8

100.0119.8148.2169.0153.4152.1158.7157.5162.8217.5266.2282.1

2.22.02.73.32.52.12.33.33.23.13.13.94.23.23.14.65.96.46.35.47.0

10.511.211.711.711.211.210.28.36.49.08.68.07.57.06.66.25.9

3

24.526.127.528.730.533.436.136.734.237.343.250.960.267.377.097.391.4

100.0128.3169.0224.7224.42ft.O196.9185.6192.4233.7277.9326.0

1 Civilian unemployment rates, approximating U.S. concepts. Quarterly data for France, West Germany, and United Kingdom should beviewed 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 1986-89.

* There are breaks in series for West Germany (1983 and 1987) and Italy (1986). Based on the prior series, the rates for West Germanywere 7.4 percent in 1983 and 6.8 percent in 1987 and the rate for Italy was 6.3 percent in 1986.

8 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.417Digitized for FRASER

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

TABLE C-109.—Foreign exchange rates, 1967-89

[Currency units per U.S. dollar, except as noted]

Period

March 1973

196719681969

197019711972197319741975197619771978197919801981198219831984198519861987 .. ..19881989

1988: 1IIIIIIV

1989: 1IIIIIIV

Period

March 1973

1967196819691970197119721973197419751976197719781979

1980198119821983198419851986198719881989

1988- 1||IllIV

1989: I||IllIV . ..

Belgium(franc)

39.405

49.68949.93650.14249.65648.59744.01938.95438.95936.79938.60835.84831.49329.34229.23737.19445.78051.12157.74959.33644.66437.35836.78539.40935.05335.72639.14237.18138.80740.46840.24038.072

Netherlands(guilder)

2.8708

3.60243.61983.62403.61663.49523.20972.79452.68782.52932.64482.45472.16422.00721.98752.49982.67192.85433.20833.31842.44852.02641.97782.12191.88281.91762.10812.00102.09102.17972.16812.0461

Canada(dollar)

0.9967

1.07891.07761.07691.04441.0099.99071.0002.97801.0175.98631.06331.14051.17131.16931.19901.23441.23251.29631.36581.38961.32591.23061.18421.26651.22991.21961.20661.19211.19341.18231.1688

Sweden(krona)

4.4276

5.16215.16835.17015.18625.10504.75704.36184.43864.15304.35794.48014.52064.28924.23095.06596.28387.67178.27068.60317.12736.34696.13706.45595.99065.97076.43196.15066.33306.54946.54156.3952

France(franc)

4.5063

4.92064.95295.19995.52885.50985.04434.45344.81064.28764.78244.91604.50904.25674.22505.43966.57937.62038.73558.97996.92576.01225.95956.38025.66795.78116.32626.05636.29716.54596.50186.1688

Switzerland(franc)

3.2171

4.32834.31634.31314.31064.11703.81863.16872.98042.58392.50012.40641.79061.66431.67721.96742.03272.10062.35002.45511.79791.49181.46431.63691.37591.41941.56591.49461.58381.69641.65851.6065

Germany(mark)

2.8131

3.98653.99203.92513.64653.48293.18852.67142.58672.46132.51842.32362.00961.83421.81752.26312.42802.55392.84542.94192.17051.79811.75701.88081.67611.70821.86811.77371.85241.93351.92261.8125

United Kingdom(pound) »

247.24

275.04239.35239.01239.59244.42250.34245.25234.03222.16180.48174.49191.84212.24227.74202.43174.80151.59133.68129.74146.77163.98178.13163.82179.91184.05169.51179.16174.51162.59159.75158.53

Italy(lira')

568.87

624.09623.38627.32627.12618.32583.68582.39650.80653.09833.55882.76849.12831.10856.201138.581354.001519.321756.111908.881491.161297.031302.391372.281236.271269.031386.781316.061358.391408.451385.221335.69

Japan(yen)

261.83

362.13360.55358.36358.16347.78303.12271.30291.84296.78296.45268.62210.38219.02226.63220.63249.06237.55237.45238.47168.35144.60128.17138.07127.95125.74133.71125.14128.66138.15142.29143.13

Multilateral trade-weighted value oftheU.S. dollar (March 1973=100)

Nominal

100.0

120.0122.1122.4121.1117.8109.199.1101.498.5105.7103.492.488.187.4103.4116.6125.3138.2143.0112.296.992.798.690.090.597.693.096.0100.5100.597.3

Real2

100.0

98.899.293.997.393.084.283.184.8100.8111.6117.1128.5132.0103.390.688.094.284.985.592.988.691.595.896.193.4

1 Cents per unit of foreign currency.«Adjusted by changes in consumer prices.



TABLE G-110.—Growth rates in real gross national product, 1961-89

[Percent change]

Area and country

OECD countries2

United StatesCanadajapan

European Community 3

FranceWest GermanyItalyUnited Kingdom

Communist countries 4

U S S REastern EuropeChina

1961-65

average

5.3

4.653

12.4

4.9

5.94.7483.2

44

4.83.9

2

1966-70annualaverage

4.6

3.046

11.0

4.6

5.44.2662.5

50

5.03.883


3.0

2.2524.3

2.9

4.02.1242.1

4.2

3.14.955


2.8

2.5274.4

2.3

2.52.4331.7

2.7

2.31.366

1984

4.8

6.8635.1

2.5

1.33.3302.2

2.3

1.43.5

120

1985

3.4

3.4484.9

2.4

1.91.9263.7

23

.9

.7120

1986

2.6

2.7312.5

2.6

232.3253.4

34

412.475

1987

3.5

3.74545

2.7

191.73047

20

12-.195

1988

4.4

4.4505.7

3.7

3.43.6394.2

22

2.11.3

110

1989 »

4.2

3.0294.8

3.6

344.3332.3

20

191.040

1 Estimates.2 OECD (Organization for Economic Cooperation and Development) includes Australia, Austria, Belgium, Denmark, Finland. France,

West Germany, Greece, Iceland, Ireland, Italy, Luxembourg, Netherlands, New Zealand, Norway, Portugal, Spain, Sweden, Switzerland,Turkey, and united Kingdom, not shown separately.

8 Includes Belgium, Denmark, Greece, Ireland, Luxembourg, Netherlands, Portugal, and Spain, not shown separately.4 Includes North Korea and Yugoslavia, not shown separately.* Not available.

Sources: Department of Commerce, International Monetary Fund, Organization for Economic Cooperation and Development, and Councilof Economic Advisers.


Documents

ERP1990 Appendixes 3