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y 6. Comparisons of United States, German, and Japanese Export Price Indexes U.S. Department of Labor Bureau of Labor Statistics February 1980 Bulletin 2046 tow ^0 ^ ,» .B ■ ) BO0Ow „ % ^ Library of Congress Cataloging in Publication Data U n ited S t a t e s . Bureau o f Labor S t a t i s t i c s . Comparisons o f U .S ., German, and Japanese ex p o rt p r ic e in d e x e s . ( B u lle t in - Bureau o f Labor S t a t i s t i c s ; 2 (A-6) B i b l i ogr aphy: p . Supfc. o f D ocs, n o .: L 2 J : 2 0 ^ 6 1 . P r ic e s —U n ited S t a t e s . 2 . P r ic e s —Germany, W est. 3„ P r ic e s —Japan. U. P rice in d e x e s . I . T i t l e . I I . T i t l e : Export p r ic e in d e x e s . I I I . S e r ie s : U n ited S t a t e s . Bureau o f Labor S t a t i s t i c s . B u lle t in ; 2 0 b 6 o H B 2 3 5 oU6 u 5^ 19 8 0 338.5*28 79 -6 0 79 6 ^ For sale by the Superintendent of Documents, U .S. Government Printing Office Washington, D .C . 20402 Stock Number 029-001-02437-1 Comparisons of United States, German, and Japanese Export Price Indexes U.S. Department of Labor Ray Marshall, Secretary Bureau of Labor Statistics Janet L. Norwood, Commissioner February 1980 Bulletin 2046 Preface This is the first report by the Bureau of Labor Statistics (BLS) on a developmental study of interna tional price index comparisons which to a large extent was inspired by earlier work by Irving B. Kravis and Robert E. Lipsey of the National Bureau of Economic Research. Major contributors to the development of this report were W. John Layng, Assistant Commis sioner, Office of Prices and Living Conditions; Edward E. Murphy, Chief, Division of International Prices; and the following members of the staff of the Branch of In ternational Price Competitiveness under the direction of John W. Suomela, Branch Chief: Julius Anamelechi, David S. Johnson, Mark C. McEnearney, Richard A. Nelson, Jorge F. Perez-Lopez, Nicholas I. Peters, and Yu Ju Tien. Data used for calculating the U.S. export price in dexes in this publication were collected by the BLS as part of its International Price Program. The U.S. export price indexes in this publication differ from the export price indexes published each quarter by BLS in that they are especially calculated for comparisons with ex port price indexes for the Federal Republic of G er many and for Japan. These comparisons will be up dated and expanded to include additional products and countries as data become available. Material in this publication is in the public domain and may be reproduced without permission of the Federal Government. Please credit the Bureau of Labor Statistics and cite Comparisons o f U.S., German, and Japanese Export Price Indexes, Bulletin 2046 (1980). Contents M ethodology................................................................................................................................................................. Page 1 Difficulties in using published export price indexes..................................................................................... Different classification schem es................................................................................................................... Different levels of aggregation..................................................................................................................... Ratios using especially calculated U.S. export price in d ex e s...................................................................... Calculation form ulas........................................................................................................................................... 2 2 2 3 4 Data used in com parisons........................................................................................................................................... Export price indexes of Germany and Ja p a n ................................................................................................. Export price indexes of the United States....................................................................................................... Exchange ra te s ..................................................................................................................................................... 4 4 5 5 Comparisons of export price indexes......................................................................................................................... U.S.-Germany com parisons............................................................................................................................... U.S.-Japan com parisons..................................................................................................................................... 5 6 7 Text tables: 1. Dollars 2. Percent 3. Dollars 4. Percent 6 6 7 7 per deutsche mark exchange rate, 1970-79 .............................................................................. changes in exchange rates,1 9 7 0 -7 9 .............................................................................................. per yen exchange rate,1970-79 ................................................................................................... changes in exchange rates,1 9 7 0 -7 9 .............................................................................................. Reference tables: U.S.-Germ any comparisons 1. Lathes, m etalcutting........................................................................................................................... 2. Grinding and polishing machines, metalcutting.............................................................................. 3. Presses, m etalforming......................................................................................................................... 4. Interchangeable tools for hand or machine to o ls .......................................................................... 5. Diesel engines, except for motor vehicles........................................................................................ 6. Air and gas pumps and compressors, and parts for pumps, compressors, and compressed air equipm ent................................................................................................................................... 7. Compressed air equipment................................................................................................................. 8. Pumps for liquids, except as parts for motor vehicles.................................................................. 9. Construction machinery and equipm ent......................................................................................... 10. Mining machinery and equipm ent................................................................................................... 11. Agricultural machinery and equipment, except tra c to rs .............................................................. 12. Agricultural tractors........................................................................................................................... 13. Cranes, hoists, and winches, not manually operated...................................................................... 14. Industrial trucks, and manually operated cranes, hoists, and w inches...................................... 15. Machines for making or finishing paper and paper pro d u cts...................................................... 16. Typemaking, typesetting, and printing machines............................................................................ 17. Taps, cocks, valves, and similar devices......................................................................................... 18. Internal combustion engines for motor vehicles............................................................................ 19. Parts and accessories for motor vehicles, except electric.............................................................. 20. Electric motors and generators......................................................................................................... 21. Transformers, rectifiers, and rectifying apparatus.......................................................................... 22. Electric switches and switchgear....................................................................................................... v 9 9 10 10 11 11 12 12 13 13 14 14 15 15 16 16 17 17 18 18 19 19 Contents— Cont in ued Page 23. 24. 25. 26. 27. 28. 29. 30. 31. 32. 33. 34. Electrical installation equipment and h a rd w are.............................................................................. Electromechanical h a n d to o ls............................................................................................................. Electric space heating and cooling equipment, and electrothermal appliances.......................... Electromechanical appliances, except heating appliances.............................................................. Electric household refrigerators and freezers.................................................................................... Telecommunications equipm ent......................................................................................................... Electron tubes and p a r t s ..................................................................................................................... Electronic components (resistors, capacitors, etc), except electron tubes.................................... Electrical measuring instrum ents..................................* ................................................................... Electrical controlling devices............................................................................................................. Electromedical apparatus............................... Electrical equipment and accessories for motor vehicles................................................................ 20 20 21 21 22 22 23 23 24 24 25 25 U .S.-Japan comparisons 35. Electric motors, not over 20 h p ......................................................................................................... 36. Electric sw itches................................................................................................................................... 37. Rectifiers and rectifying apparatus..................................................................................................... 38. Room air-conditioners, window and wall types................................................................................ 39. T ran sisto rs............................................................................................................................................. 40. Integrated circuits................................................................................................................................. 41. Resistors, as electronic components................................................................................................... 42. Capacitors, as electronic com ponents............................................................................................... 43. Loudspeakers......................................................................................................................................... 44. Transceivers........................................................................................................................................... 45. Instruments for measuring electrical quantities or characteristics................................................ 46. Trucks, assembled, piston displacement over 2000cc...................................................................... 47. Agricultural tractors, except garden tractors.................................................................................... 48. Excavators (backhoes, shovels, e tc .) ................................................................................................. 49. Truck-mounted c ra n e s......................................................................................................................... 50. Tractors and loaders, except agricultural tra c to rs .......................................................................... 51. Lathes, metalcutting, except numerically c o n tro lle d ...................................................................... 52. Grinding machines, metalcutting, except numerically controlled.................................................. 53. Numerically controlled machines tools..............................; ............................................................. 54. Pumps for liquids................................................................................................................................... 55. Air or gas pumps and com pressors................................................................................................... 56. Forklift tru c k s ....................................................................................................................................... 57. Power transmission chains, of iron or s te e l..................................................................................... 58. Electromechanical handtools............................................................................................................... 59. Printing m achines................................................................................................................................. 60. Metal valves, of iron or s te e l............................................................................................................. 26 26 27 27 28 28 29 29 30 30 31 31 32 32 33 33 34 34 35 35 36 36 37 37 38 38 Bibliography....................................................................................................................................................................... 40 VI Comparisons of U.S., German, and Japanese Export Price Indexes item to price changes.2 This price sensitivity is com monly called the price elasticity of demand. In order to produce price indexes which will accurately predict changes in quantities demanded, the weights used to ag gregate the individual price changes must reflect both value shares and elasticities. When the correct elasticity weights are not used, the calculated price in dexes suffer from aggregation bias. The problem of creating export price indexes using elasticity weights appears to be insoluble at this time. Published export price indexes are generally con structed for purposes other than demand estimation and use trade value weights. Attempts to recalculate the indexes have been unsuccessful because the in dividual price data are not available and, until they are, elasticity weights can not be estimated. Further more, since elasticities may vary, depending on the market in which goods are sold, several elasticityweighted indexes could be calculated from the same set of price data. Thus, analysts interested in carrying out international demand analysis have been restricted by the inadequacy of available export price data. The extent of bias incurred by the use of improper aggregation weights in a price index varies directly with the level of aggregation and inversely with the similarity of the price behavior of the products in cluded. If a category is narrowly defined and refers pri marily to goods which are the same or highly substitutable, prices within the category should move together or, at least, the variation in price changes should be smaller than for categories containing more heterogeneous goods. Under these conditions, the in dexes would be relatively insensitive to weighting pat terns and the bias introduced by not having the desired elasticity weights would be minimized. Although export price index comparisons may be either multilateral or bilateral, the ratios developed here make bilateral comparisons. To reduce aggrega tion bias, U.S. export price indexes are calculated to represent trends of U.S. export prices for special Continued interest in international price com parisons has led to several recent proposals by banks, research institutions, government agencies, and inter national organizations to produce ratios of price index es for two or more countries.1 These ratios are of in terest because of the influence of changes in relative prices on changes in relative quantities. Changes in ratios of price indexes for commodities exported by two countries can be used, along with other informa tion, in predicting changes in relative export quantities and in relative market shares. This report compares price changes for comparable categories of products for Germany, Japan, and the U nited States. The first p a rt deals with the methodology for calculating export price index ratios and some of the problems involved. The second part describes the data used in the construction of U .S.-Federal Republic of Germany (U.S.-Germ any) and U .S.-Japan export price index ratios. The last part briefly discusses the behavior of a limited number of U.S.-Germ any and U .S.-Japan index ratios. Thirtyfour U.S.—Germany and twenty-six U .S.-Japan com parisons are made, covering selected categories of in dustrial products. The reference tables contain the ratios of export price indexes calculated for this report. Methodology The effect of a change in a price index on a particu lar index of quantities demanded depends upon two factors: The value shares in the quantity index of the items priced and the sensitivity of the demand for each 'See, for example, World Financial Markets (Morgan Guaranty Trust Company, monthly); Changes in U.S. Foreign Trade: The Post-19 7 1 Experience in Perspective, mimeographed (U.S. Depart ment of Commerce, Oct. 1974); “The International Competitiveness o f U.K. Manufactured G oods,” Economic Progress Report, No. 95 (United Kingdom Treasury, Feb. 1978), pp. 1 - 3 , also reprinted in Trade and Industry (Feb. 17, 1978), pp. 3 4 0 -4 1 ; and “The Interna tional Competitiveness o f Selected OECD Countries,” OECD Economic Outlook: Occasional Studies (Organization for Economic Cooperation and Development, July 1978), pp. 3 5 -5 2 . 2John W. Suomela, “The Meaning and Measurement o f Interna tional Price Competitiveness,” 1978 Proceedings o f the Business and Economic Statistics Section, American Statistical Association. This paper deals with the demand side o f the market. 1 assigned to one of the 7-digit Schedule B commodity categories and are used to calculate price indexes for U.S. exports at the level of 4- or 5-digit SITC-R subgroups or items. German export trade data are recorded according to their Commodity Classification for Foreign Trade (WA), a 7-digit classification scheme prepared by the Statistisches Bundesamt and based on the Brussels Tariff Nomenclature (BTN).5 However, the published German export price indexes are calculated according to a different classification system, developed specifically for these price indexes. For categories re ferring to industrial products, it is based largely on the Com m odity Classification for Industrial Statistics (WI).6 Published materials describing the WI provide useful insights into the commodity coverage of the published export price indexes for manufactured goods categories. For Japan, trade data are recorded according to their Commodity Classification for Foreign Trade Statistics (CCFTS), a system prepared by the Customs Bureau of the Ministry of Finance of Japan and cur rently based on the BTN, although it was earlier based on the SITC-R.7 Export price indexes are calculated on the basis of an autonomous product classification system which does not correspond to the CCFTS, even though the com m odities for which indexes are published were selected on the basis of the value of trade in 1975 according to CCFTS. Definitions of the commodity coverage of the published index categories are not available. However, a list of the products whose prices are used to calculate the indexes is available and has been used here to assist in determining the com modity composition of the published indexes.8 categories in order to make comparisons at the most detailed level allowed by the data available from other countries. Difficulties in using published export price indexes Since several countries publish export price indexes, intercountry comparisons can be made using these in dexes. Most analysts interested in constructing U.S.—foreign country export price index ratios have used published price index series. As a consequence, most work in this area has relied on the matching of published price index series when similar titles are used by two or more countries.3 Implicit in this approach is the assumption that products contained within the similarly titled series of two or more countries are high ly substitutable. Because of the tendency toward national specializa tion, this may not always be a tenable assumption. In addition, differences in national statistical systems and practices may make direct comparisons of two or more countries’ published indexes inappropriate. This applies to d ire c t com parisons of U .S .-G e rm a n and U.S.-Japanese export price indexes using published country data. The export price index series published by each of the three countries are based on different classification schemes and internal weighting struc tures, and their export price index series are published at different levels of aggregation. Because of these differences, published U.S. export price index series generally cannot be well matched to those for Germany and Japan to provide narrowly defined categories with in which products have high cross-price elasticities. These two factors, different classifications and different levels of aggregation, can adversely affect the calculation of export price index ratios which use published data, by introducing bias or error. Different levels o f aggregation. The level of aggregation in published indexes differs for each of the three coun tries, and this presents further problems for com parisons based solely on the matching of titles in the in dexes. For the United States, published export price in dexes are primarily calculated at the level of a 4-digit SITC-R category, although indexes for a limited num ber of 5-digit groupings are also available. For G er many and Japan, however, indexes are often published at several levels of aggregation, from an index repre senting all exported goods to indexes for product categories that might correspond to subsets of 4- or 5digit SITC-R categories. Because of these differences in Different classification schemes. Export price index series published by the United States, Germany, and Japan, with similar or even identical titles, do not n ecessarily co n tain p ro d u cts which are highly substitutable. In part, this is an expected outcome of national specialization. It is also a result of the different product classification systems used by the three countries. U.S. export trade data are classified according to Schedule B, a 7-digit product classification based on the U.N.’s Standard International Trade Classification System, Revised (SITC-R).4 In most cases, the first four or five digits of a Schedule B commodity corres pond to either a 4- or 5-digit SITC-R grouping. Prod ucts for which export prices are collected by BLS are 5 Warenverzeichnis fuer die Aussenhandelsstatistik, Ausgabe 1975 (Wiesbaden: Statistisches Bundesamt, 1974). ('Systematisches Warenverzeichnis fuer die Industriestatistik, Ausgabe 1970 (Wiesbaden: Statistisches Bundesamt, 1970). 7Price Indexes Annual 1977 (Tokyo: The Bank of Japan, Statistics Department, 1978), pp. 3 3 1 -3 2 . 8List o f Commodity Descriptions for 1975-Based Price Indexes (Tokyo: The Bank o f Japan, Statistics Department, May 1978) (in Japanese). 3A notable exception is the work by Kravis and Lispsey at the National Bureau o f Economic Research. 4Schedule B: Statistical Classification o f Domestic and Foreign Com modities Exported by United States (Bureau o f the Census, Jan. 1, 1971, edition and annual revisions). 2 levels of aggregation, published categories are not directly comparable. An apparently attractive pro cedure to achieve com parability is to aggregate published series (either several foreign series to ap proximate the level of a published U.S. series or sets of published U.S. and foreign series to reach an aggregate common-level grouping) until categories with truly matching titles can be created. However, when this pro cedure is followed, as it is in many studies of interna tional competitiveness, incorrect aggregation weights (usually trade weights) are substituted for proper elasticity weights. The contribution of these incorrect weights to the bias of the index ratios is unknown. The following examples illustrate situations where these factors, classification and aggregation, affect the calculation of export price index ratios. Germany currently publishes an export price index series for the category “agricultural machinery,” with no further breakdown. An examination of the com modity composition of this category indicates that products included in several published U.S. export price index categories are substitutes for products con tained in the German category: (1) Agricultural machinery and appliances for preparing and cultivating the soil (SIT C -R 712.1); (2) agricultural machinery and appliances for harvesting, threshing, and sorting (SIT C -R 712.2); and (3) agricultural machinery, n.e.s. (SIT C -R 712.99). In addition, the published German export price index for “agricultural machinery” also contains products that are substitutes for products con tained in other published U.S. export prices indexes: Farm elevators, part of the published U.S. index for mechanical handling equipment (SITC—R 719.3); and sprayers and dusters, part of the published U.S. index for nonelectrical machines, n.e.s. (SITC— R 719.6). Japan publishes export price index series for three metalworking machinery categories: Lathes, grinding machines, and numerically controlled machine tools. The only published U.S. export price series in this category is for machine tools for working metals (SIT C -R 715.1), which encompasses products which are substitutes for products contained in all three Japanese detailed categories. Furthermore, over the period 1975—77, Japan’s export price trends differed for the three detailed categories. Were these indexes com bined, these differences would be obscured. In the case of Germany, then, the published German index corresponds to parts of more than one published U.S. index. For Japan, several published Japanese series correspond to a single published U.S. series. In each case, the calculation of relative price changes can only be accomplished by further aggregating the published indexes of one or both countries until series with matching titles are obtained. Since inappropriate weights must be used, this procedure would increase aggregation bias. http://fraser.stlouisfed.org/ 314-593 0 Bank - 8 0 -of 2 St. Louis Federal Reserve Ratios using especially calculated U.S. export price indexes It has been possible to reduce aggregation bias by constructing special U.S. export price indexes that match the product coverage of the other countries’ published detailed indexes. The level of detail is deter mined by the availability of detailed, published foreign index series and of suitable sets of U.S. price series for individual products, selected from the approximately 5,000 price series collected from U.S. exporters by the BLS at the time of this writing. Information that specifically describes the range of products represented in the sampling strata of published indexes for Germany and Japan has not been available. However, a considerable body of informa tion exists for making judgments about the content of the sampling strata. The Statistisches Bundesamt, pro ducer of Germany’s export and import price indexes, publishes concordances between the SITC and the G er man classification scheme for industrial statistics (WI). It also publishes a concordance between German classification schemes for industrial statistics and trade statistics (WA). In addition, the agency has furnished BLS with a table of weights and subclassifications with in its published export price index categories. For Japan, the correct classification of U.S. products into the Japanese classification scheme was aided by a com plete listing of product specifications priced for Japan’s indexes. By using this information, it was possible to screen the BLS data base of U.S. export prices and product descriptions and to select only the prices for products judged to be substitutes for those products represented by the published series of the other two countries. In dexes were then calculated for those categories of prod ucts that correspond to the published foreign series. These special indexes have been reviewed to ascertain that they adequately represent trends of U.S. export prices for these categories, and that confidentiality is maintained. Using this approach, it was possible to con struct 34 U.S.-Germany and 26 U.S.-Japan com parisons using available data. Access to unpublished U.S. price data and product specifications has lessened the problems which arise in attempting to compare product prices in aggregate series. It should be pointed out, however, that the ap proach used here does not eliminate all problems, since it has not been possible to determine fully the product definition and internal weighting procedures used in the construction of published German and Japanese ex port price indexes. In addition, it should be noted that the BLS data base of export prices is a sample designed to represent U.S. export price trends at the level of 4or 5-digit SIT C -R product categories. Though a selec tion of export prices from this data base has been used to produce the special U.S. export price indexes for 3 E these comparisons, the product samples were not originally drawn for this purpose. Thus, while the methodology used here for calculating export price in dex ratios is an advance over methods which relied on matching published index series, there is still room for further improvement and refinement. Data Used in Comparisons Calculation formulas The data used in constructing the export price index ratios are: (1) Official export price indexes for G er many and for Japan; (2) especially constructed U.S. ex port price indexes for groupings of U.S. export prod ucts; and (3) dollar per deutsche mark and dollar per yen exchange rates. The formulas used to calculate special U.S. export price indexes for both the U.S.-Germany and the U.S.Japan comparisons are essentially the same. A minor difference has been introduced in order to use the addi tional detailed information available on the internal weighting structure of published German export price indexes. For comparisons with both countries, the special U.S. export price indexes were calculated as equal-weighted averages of price changes. The formulas used in calculating the index ratios are: ( 1) XPI US m nj 2 wj/nj 2 j= l i=I Export price indexes of Germany and Japan The export price indexes published by Germany and Japan show price trends for their merchandise exports to all countries. Prices used are for detailed product specifications. Only indexes for the most narrowly defined product categories have been used for these comparisons (corresponding roughly to subsets of 4- or 5-digit S IT C -R categories). Monthly export price in dexes are available for Germany beginning in 1958 and for Japan beginning in 1957. In 1978, German export price indexes were availa ble for 331 product categories, at different levels of ag gregation, based on approximately 5,340 individual export price series.9. These prices refer to export tran sactions concluded during the reporting month for specified commodities on an f.o.b. (free on board) G er man border basis (i.e., they include inland transporta tion costs), and the prices are adjusted for quality changes. Price relatives are aggregated using the Laspeyres formula with 1970 export value weights.10 The export price indexes represent predominantly in dustrial products in accordance with the structure of German exports (98.6 percent of the total export value). For Japan, The Bank of Japan currently publishes monthly price indexes for 305 export categories, at different levels of aggregation.11 The 520 monthly price reports used to calculate the indexes, provided by 305 reporting firms, refer to contract prices on an f.o.b. Ry is the special U.S. export price index. ( 2) XPI (3) XPI (4) XPIR (5) XPIR is the published foreign export price index in the country’s home currency. fc E'XPI f is the foreign export price index in U.S. dollars. nc XPI^/XPI $ US is the ratio of export price indexes in national currencies. XPI^/XPI $ US is the ratio of export price indexes when both price indexes are in dol lars, where: m the number of subcategories in the in dex, nJ the number of items priced in the j’th index subcategory, WJ Rij = the dollar per foreign currency ex change rate during the comparison period divided by the exchange rate in the reference period. the foreign country’s trade value weight for the j’th subcategory within the index. Most indexes were calcul ated at the first level of aggregation, so m = 1 and wj = 1. For some Ger man products, export price indexes are not published for subcategories so German export weights were used for the second level aggregations, 9Preise Und Preisindizes fuer die Ein- und Ausfur (Wiesbaden: Statistisches Bundesamt, monthly). This publication superseded an earlier monthly publication o f the Federal Statistical Office entitled Preise und Preisindizes fuer Aussenhandelsguter. W. Rostin, Indices o f Foreign Trade Prices, Base 1970, Studies in Statistics No. 30 (Wiesbaden: Federal Statistical Office, 1974). l0The standard BLS formula for a Laspeyres index is L = 2 w ° (Pl /P°) where the w ° are value weights from the base year and where Pl and P° are prices from the comparison period and the base period. Index series are rebased by dividing by the reference period index value. ■1Export and Import Price Indexes Monthly (Tokyo: The Bank of Japan, Statistics Department, monthly). the price of the i’th item during the comparison period divided by the price of the i’th item in the reference period, 4 quarter. Complete specifications, including physical description, class of buyer, size of transaction, applica ble discounts, currency, and mode of transport are pro vided by the firms. Adjustments are made to reported export prices to account for changes in quality and for changes in specifications. By m id-1979, approximately 5,000 individual export price series and supporting data—originating from about 1,600 firm s—were available in the BLS export price data base. For pur poses of making export price index comparisons, especially constructed indexes were calculated using the same underlying price data as the regularly published indexes, but with different combinations of products and weighting schemes. port basis and are adjusted for quality changes. Price relatives are aggregated using the Laspeyres formula with 1975 export value weights. 12 Export price indexes of the United States The Bureau of Labor Statistics began to publish U.S. export price indexes in June 1971. Since then, the num ber of indexes published has expanded significantly and their periodicity has increased from once per year to four times per year.13 At this time, export price in dexes are published for 81 export categories, account ing for about 60 percent of the total value of U.S. ex ports in 1975.14 Indexes are published primarily at the 4- and 5-digit SITC—R levels; an aggregate series for machinery and transportation equipment exports is also published. Indexes are calculated using a modified Laspeyres formula, with the value of U.S. exports in 1975 (at the Schedule B levels) as weights. Indexes are rebased so that, where possible, June 1967=100. Major expansion of coverage is in progress, and an aggregate series, representing the average price trend for all U.S. export products, is planned for publication in 1984. Companies providing export price data to the BLS International Price Program are firms located in the United States—whether or not United States owned— that are consistent exporters of the products being priced. Product categories and companies are currently selected on the basis of a multistage probability sam pling procedure. Since June 1976, samples have been designed so that each product category and company has a chance of selection proportional to the value of export shipments over the sample time period.15 For product areas sampled before June 1976, the selection was judgmental, based on high-dollar value of exports. Selection of a specification to be priced by a firm within a given product area also is currently a judgmental process, based on consultation between the firm and a BLS field economist. The selection of an item for pric ing within a narrow product category is based on the goal of selecting a product (or products) whose price movements are typical of items exported by that com pany in that product category. The export price data collected by BLS are specification prices, generally on an f.o.b. basis, for transactions occuring during the third month of each Exchange rates In order to calculate index ratios in a common cur rency, the published export price indexes for Germany and for Japan, which are published in terms of deutsche marks and yen, were converted to U.S. dollars. The conversion was carried out using exchange rates, published by the Federal Reserve Board,16 which are monthly averages of certified noon buying rates in New York. The price index ratios in terms of U.S. dollars may be compared to the ratios in national currencies in order to gain an insight into the effect of exchange rate changes on relative price movements. Comparisons of Export Price Indexes Tables 1 through 34 present U .S.-G erm any export price index ratios, calculated using the formulas and data described earlier. U .S.-Japan export price index ratios, calculated following the same approach, are presented in tables 35 through 60. Generally, ratios have been calculated for each June from 1970 to 1973 and for the last month of each quarter from March 1974 on. The columns included in each table refer to: The special U.S. export price index in dollar terms (column 1), the published foreign export price index in national currency (column 3), the published foreign ex port price index after conversion to dollar terms (col umn 5), the export price index ratio (foreign XPI/U.S. XPI) in terms of national currencies (column 7), and the export price index ratio in dollar terms (column 9). Percent changes from the previous period are presented in the other columns. It should be pointed out that not all export price index ratios could be calculated for ev ery period because some series begin at later dates than others. i2Price Indexes Annual 1977 (Tokyo: The Bank o f Japan, Statistics Department). '^'International Price Indexes,” Ch. 17 in Handbook o f Methods, Bulletin 1910 (Bureau o f Labor Statistics, 1976), pp. 1 3 0 -3 4 . '4“U.S. Import and Export Price Indexes, Second Quarter 1978,” Bureau o f Labor Statistics, News Release USDL 7 8 -6 8 7 (Aug. 8, 1978). 15For an exposition o f the current and planned sampling tech niques, see Marvin Kasper and Richard J. Pratt, “Surveying Interna tional Prices,” in 1978 Proceedings o f the Sector on Survey Research Methods, American Statistical Association. l(,Federal Reserve Bulletin (monthly) and Statistical Release G.5: Foreign Exchange Rates (monthly) (Board o f Governors o f the Federal Reserve System). 5 Text table 1. 1970-79 Month Month Rate 0.27528 0.28474 0.31560 0.38786 Mar. 1976 June 1976 Sept. 1976 D e c .1976 0.390638 0.387967 0.401685 0.419651 Mar. 1974 ........... June 1 9 7 4 ........... Sept. 1974 ......... D e c .1 9 7 4 ........... 0.382110 0.396025 0.375800 0.408162 Mar. 1977 June 1977 Sept. 1977 Dec. 1977 0.418121 0.424529 0.430336 0.464994 Mar. 1975 ........... June 1 9 7 5 ........... Sept. 1975 .......... Dec. 1 9 7 5 ............ 0.431194 0.427257 0.381904 0.381440 Mar. 1978 June 1978 Sept. 1978 Dec. 1978 0.491812 0.479842 0.507777 0.532172 Mar. 1979 0.537544 June June June June upon the products and the pairs of countries for which the comparisons were made. The following paragraphs analyze U.S.-Germ any and U.S.—Japan ratios during three different intervals, where the intervals are distinguished by the behavior of the exchange rates: The first period is from June 1970 to June 1973, the second period is from June 1973 to June 1976, and the third, from June 1976 to March 1979. Dollars per deutsche mark exchange rate, 1 9 7 0 ........... 1 9 7 1 ............ 1 9 7 2 ............ 1 9 7 3 ........... Rate U.S.-Germany comparisons In the first interval, June 1970 to June 1973, there were several adjustments to the dollar per deutsche mark exchange rate, especially with the floating of the dollar beginning in mid-1971 (text table 1). During this interval, the dollar price of the deutsche mark in creased by 40.9 percent (text table 2). The second in terval, June 1973 to June 1976, was characterized by several fluctuations of the exchange rate, with little net effect. Thus, the dollar per deutsche mark exchange rate was basically at the same level in June 1976 as in June 1973. During the third interval, June 1976 to March 1979, the deutsche mark appreciated by 38.6 percent against the dollar. The total appreciation of the deutsche mark against the dollar for the entire 9-year period was 95.3 percent. This caused a large shift in the relative export prices of U.S. and German products when measured in common currency. While the effect was reflected across all product categories where comparisons have been made, part of the changes may have been absorbed by German exporting firms in order to meet increasing competi tion. The willingness of exporting firms to absorb ex change rate changes depends upon such factors as the profit margin, the magnitude of the exchange rate change, and the proportion of costs tied to the dollar (e.g., imported raw materials, fuel, and semimanufac tured inputs). The extent to which exchange rate changes are absorbed is reflected in the index ratios in national currencies. During the first period, 10 of 29 index ratios fell when measured in national currencies. This means that average prices for U.S. exports, as measured by the special U.S. export price indexes, rose more rapidly than average prices for German exports for only 34 percent of the product categories covered. However, SOURCE: Board of Governors of the Federal Reserve System, S tatistic a l Release G.5. Foreign Exchange Rates and Federal Reserve Bulletin. Since exchange rate changes affect all bilateral ex port price index ratios in the same manner, it is in teresting to examine the behavior of all the index ratios simultaneously. However, ratios for specific categories or groups of categories often behave differently, so that comparisons of export price trends using index ratios for individual product categories or groups of catego ries are also of interest. Therefore, the following analysis attempts to point out significant changes in the ratios for individual product categories in the light of changing exchange rates. Because of the large changes in exchange rates be tween the U.S. dollar and the deutsche mark and the yen which occurred during the 1970’s, importing coun tries found that, on average, U.S. goods became less ex pensive relative to similar goods exported from G er many or Japan. These exchange rate changes more than offset the generally higher rates of U.S. price increases relative to the other two countries. Nevertheless, the behavior of individual export price index ratios over this period suggests a wide variation in the movement of relative average export prices across product catego ries; for example, over a period of 9 years, while the U .S.-Japan export price index ratio for rectifiers and rectifying apparatus (table 37) decreased from 111.3 in June 1970 to 89.8 in March 1979, the corresponding U .S.-Japan ratio for export prices of transistors (table 39) rose more than two and one-half times, from 45.8 in June 1970 to 116.0 in March 1979. Disparate behavior of the export price index ratios over this inter val was also found in the U.S.-Germ any comparisons. For example, the index ratio for electrical equipment and accessories for motor vehicles (table 34) rose from 77.0 in June 1970 to 94.7 in March 1979, while the in dex ratio for compressed air equipment (table 7) rose from 58.5 to 125.6 over the same interval. In addition, the behavior of individual ratios tended to differ dur ing certain intervals in the 9-year period, depending Text table 2. Percent changes in exchange rates, 1970-79 (Dollars per deutsche mark) From June 1970 To June 1973 June 1976 March 1979 40.9 40.9 95.3 June 1973 June 1976 'Less than 0.05 percent. 6 0.0 ' 38.6 38.6 Text table 3. Rate Month Rate 0.0027864 0.0027979 0.0033070 0.0037808 Mar. 1 976 June 1976 Sept. 1976 D e c .1976 0.00332760 0.00334240 0.0 034 799 5 0.00339334 Mar. 1974 ............ June 1 9 7 4 ........... Sept. 1974 ......... D e c .1 9 7 4 ........... 0.00354538 0.00353400 0.00334385 0.00332876 Mar. 1977 June 1977 Sept. 1977 Dec. 1977 0.00356873 0.00366515 0.0037 485 8 0.00414907 Mar. 1975 ............ June 1 9 7 5 ........... Sept. 1975 ......... Dec. 1 9 7 5 ............ 0.00347309 0.00340767 0.00333452 0.00327150 Mar. 1978 June 1978 Sept. 1978 D e c .1978 0.00431478 0.00467443 0.00526563 0.00510376 Mar. 1979 0.00484704 June June June June hoists, and winches (table 13) and electromedical ap paratus (table 33). However, during this period, the mark appreciated 38.6 percent against the dollar. As a result, when expressed in dollars, export prices of G er many rose more rapidly than those of the United States in all but one of the product categories covered (electron tubes and parts, table 29). The large change that occurred in the exchange rate during this period has caused a general improvement in U.S. export prices relative to those of Germany. To the extent this has oc curred, we can expect the ratio of U.S. to German merchandise exports in dollars to rise by 1980, other things being equal. Dollars per yen exchange rate, 1970— 79 Month 1 9 7 0 ........... 1 9 7 1 ............ 1 9 7 2 ............ 1 9 7 3 ........... U.S.-Japan comparisons SOURCE: Board of Governors of the Federal Reserve System, S ta tistica l Release G.5: Foreign Exchange Rates and Federal Reserve Bulletin. During the first period, June 1970 to June 1973, the yen appreciated by 35.7 percent against the dollar (text tables 3 and 4). The second period, June 1973 to June 1976, was characterized by a decrease of 11.6 percent in the dollar per yen exchange rate.7819 During the third period, June 1976 to March 1979, the yen again ap preciated against the dollar, this time by 45.0 percent. Over the entire 9-year interval, the yen increased in value by 74.0 percent against the dollar. During the first period, the average price of U.S. ex ports increased more rapidly than the yen price of Japanese exports for 10 of the 14 manufactured prod uct categories for which comparisons are made. But, when the price indexes are adjusted for the nearly 36percent change in the exchange rate, average dollar prices for manufactured products exported from Japan increased more rapidly than average U.S. export prices in all 14 product categories. The exchange-rate-induced rise in Japan’s export prices for this period was followed by an increase in the ratio of U.S. to Japanese exports of merchandise from 1.8 in 1972 to 2.0 in 1975. During the second period, the exchange rate fell nearly 12 percent, despite the continued large holdings of international reserves by Japan and the continuing deficits in the current account by the United States. This appreciation of the dollar against the yen occurred at a time when U.S. average export prices were rising more rapidly than Japanese average export prices for when account is taken of the nearly 4 1-percent ap preciation of the mark against the dollar, the average dollar price for products exported by Germany rose more rapidly than for products exported from the United States in all 29 categories. As might have been expected, the exchange-rate-induced rise in German export prices relative to U.S. export prices was accom panied by an increase in the ratio of U.S. to German dollar exports of merchandise from l.l in 1972 to l .2 in l975!7This result is in line with the 2-year lag found by other analysts, between a change in relative export prices and most of the consequent change in relative ex port values!8 Since there was little change in the dollar per deutsche mark exchange rate over the second period, changes in relative export prices were influenced prin cipally by domestic factors. When expressed in na tional currencies, U.S. export prices rose more rapidly than those of Germany in all but 4 of the 34 product categories. This reflects the more rapid rise in the price of industrial products in the United States from the se cond quarter of 1973 to the second quarter of 1976; the U.S. industrial price index rose 44.3 percent over this period, compared to a 24.2-percent rise in the price of industrial products in Germany. As might be expected, using a 2-year lag, the ratio of U.S. to German merchandise exports fell from l .2 in 1975 to l .0 for the first three quarters of 1978. In the third period, when expressed in national cur rencies, U.S. average export prices rose more rapidly than those of Germany in 32 of the 34 product catego ries. The exceptions were the categories for cranes, Text table 4. Percent changes in exchange rates, 1970-79 (Dollars per yen) From June 1970 June 1973 June 1976 l7The ratios o f merchandise exports have been calculated from data contained in International Financial Statistics (monthly), line 77aad. l8For example, the International Monetary Fund estimates that there is at least a 2-year lag after a change in exchange rates before most of the related changes in relative quantities occur, IMF Annual Report, 1978, pp. 4 0 - 4 3 . To June 1973 June 1976 March 1979 35.7 20.0 74.0 -11.6 28.2 45.0 |9Marina Whitman testified before the Joint Economic Commit tee o f Congress that during this period ". . . the dollar gained in value due to large capital flows into the U.S. and active intervention by the Japanese to preserve their export markets,” Notes from the Joint Economic Committee, V ol. IV, No. 1 (Sept. 1978). 7 price of the yen caused dollar export prices from Japan to rise more rapidly in 21 of the 26 product categories for which export price index ratios were constructed. The five exceptions were the series for exports of electric motors (table 35), transistors (table 39), inte grated circuits (table 40), capacitors (table 42), and transceivers (table 44). Over the entire 9-year interval, average U.S. export prices rose less rapidly than dollar Japanese export prices for 11 of the 13 product catego ries which span the entire period. The two exceptions were the series for exports of rectifiers and rectifying apparatus (table 37) and excavators (table 48). The historically large change in the dollar price of the yen has contributed to the general improve ment in the export prices of U.S. products relative to those of Japan. In response to an improvement in U.S. relative export prices, we can expect an improvement in the U.S. market share relative to Japan, other things being equal. 16 of 26 product categories, when measured in national currencies. Thus, the deteriorating position of U.S. ex port prices relative to those of Japan became even worse when measured in a common currency. Average U.S. export prices rose more rapidly than average Japanese dollar export prices for 22 of the 26 product categories covered. The four exceptions were the series for transistors (table 39), tractors and loaders, except agricultural tractors (table 50), printing machines (ta ble 59), and metal valves of iron or steel (table 60). As might have been expected, the general deterioration in U.S. export prices relative to Japan’s was followed by a drop in the ratio of U.S. merchandise exports to Japan’s merchandise exports from 2.0 in 1975 to 1.5 in 1978. The third period was marked by continued higher average rates of price increase for U.S. exports in dol lars than for Japanese exports in yen in all 26 product categories covered. When measured in the same cur rency, however, the nearly 40-percent increase in the 8 Table 1. U.S.-Germany comparisons: Lathes, metalcutting U.S. export price index in dollars Germany export price index in deutsche marks Germany export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... 61.1 65.0 66.0 70.7 75.5 81.4 89.9 95.3 98.0 100.0 100.0 101.3 104.7 104.7 107.8 111.7 112.2 116.0 118.1 121.7 125.1 131.1 135.1 137.4 139.1 Percent change 6.4 1.5 7.1 6.8 7.8 10.4 6.0 2.8 2.0 0.0 1.3 3.4 0.0 3.0 3.6 0.4 3.4 1.8 3.0 2.8 4.8 3.1 1.7 1.2 Index 68.7 75.8 79.3 82.4 89.3 92.4 92.8 94.1 100.0 100.0 100.4 101.9 105.9 105.9 107.5 108.8 110.9 111.1 112.9 113.7 118.0 118.2 118.2 118.4 121.6 Percent change 10.3 4.6 3.9 8.4 3.5 0.4 1.4 6.3 0.0 0.4 1.5 3.9 0.0 1.5 1.2 1.9 0.2 1.6 0.7 3.8 0.2 0.0 0.2 2.7 Index 44.2 50 5 58.6 74.8 79.8 85.7 81.6 89.9 100.9 100.0 89.8 91.0 96.8 96.2 101.1 106.9 108.5 110.4 113.7 123.8 135.8 132.7 140.4 147.5 153.0 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 14 3 16.0 27.6 6.7 7.4 - 4 .8 10.2 12.2 - 0 .9 -1 0 .2 1.3 6.4 - 0 .6 5.1 5.7 1.5 1.8 3.0 8.9 9.7 - 2 .3 5.8 5.1 3.7 112.4 116 6 120.2 116.5 118.3 113.5 103.2 98.7 102.0 100.0 100.4 100.6 101.1 101.1 99.7 97.4 98.8 95.8 95.6 93.4 94.3 90.2 87.5 86.2 87.4 3.7 3.1 -3 .1 1.5 -4 .1 -9 .1 - 4 .4 3.3 - 2 .0 0.4 0.2 0.5 0.0 - 1 .4 - 2 .3 1.4 - 3 .0 - 0 .2 - 2 .3 1.0 - 4 .3 - 3 .0 - 1 .5 1.4 72.3 77.7 88.8 105.8 105.7 105.3 90.8 94.3 103.0 100.0 89.8 89.8 92.5 91.9 93.8 95.7 96.7 95.2 96.3 101.7 108.6 101.2 103.9 107.4 110.0 7.5 14.3 19.1 -0 .1 - 0 .4 -1 3 .8 3.9 9.2 - 2 .9 -1 0 .2 0.0 3.0 - 0 .6 2.1 2.0 1.0 - 1 .6 1.2 5.6 6.8 - 6 .8 2.7 3.4 2.4 Please see notes at end of tables. Table 2. U.S.-Germany comparisons: Grinding and polishing machines, metalcutting U.S. export price index in dollars Germany export price index in deutsche marks Germany export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. 1975 1976 1976 1976 Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... 1977 M arch............................................................................... 1978 M arch............................................................................... 1978 September....................................................................... 1978 Decem ber........................................................................ 1979 M arch............................................................................... 61.9 65.4 67.1 72.0 79.0 82.1 87.4 95.2 96.4 100.0 104.5 104.5 104.7 109.5 111.1 112.8 116.1 117.1 120.5 122.7 124.5 129.2 130.7 136.8 142.3 Percent change 5.7 2.6 7.3 9.7 3.9 6.5 8.9 1.3 3.7 4.5 0.0 0.2 4.6 1.5 1.5 2.9 0.9 2.9 1.8 1.5 3.8 1.2 4.7 4.0 Please see notes at end of tables. 9 Index 69.0 75.6 77.4 82.4 89.9 91.8 91.8 95.6 100.0 100.0 100.0 100.0 107.1 107.2 107.8 107.8 107.9 109.2 109.0 109.0 112.1 113.3 113.3 113.5 118.1 Percent change 9.6 2.4 6.5 9.1 2.1 0.0 4.1 4.6 0.0 0.0 0.0 7.1 0.1 0.6 0.0 0.1 1.2 - 0 .2 0.0 2.8 1.1 0.0 0.2 4.1 Index 44.5 50.4 57.2 74.8 80.4 85.1 80.8 91.3 100.9 100.0 89.4 89.3 98.0 97.4 101.3 105.9 105.6 108.5 109.8 118.7 129.0 127.3 134.7 141.4 148.6 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 13.3 13.5 30.8 7.5 5.8 -5 .1 13.0 10.5 - 0 .9 -1 0 .6 -0 .1 9.7 - 0 .6 4.0 4.5 - 0 .3 2.7 1.2 8.1 8.7 - 1 .3 5.8 5.0 5.1 111.5 115.6 115.4 114.4 113.8 111.8 105.0 100.4 103.7 100.0 95.7 95.7 102.3 97.9 97.0 95.6 92.9 93.3 90.5 88.8 90.0 87.7 86.7 83.0 83.0 3.7 - 0 .2 - 0 .9 - 0 .5 - 1 .8 -6 .1 - 4 .4 3.3 - 3 .6 - 4 .3 0.0 6.9 - 4 .3 - 0 .9 - 1 .4 - 2 .8 0.4 - 3 .0 - 1 .9 1.4 - 2 .6 -1 .1 - 4 .3 0.0 71.9 77.1 85.2 103.9 101.8 103.7 92.4 95.9 104.7 100.0 85.6 85.5 93.6 88.9 91.2 93.9 91.0 92.7 91.1 96.7 103.6 98.5 103.1 103.4 104.4 7.2 10.5 21.9 - 2 .0 1.9 -1 0 .9 3.8 9.2 - 4 .5 -1 4 .4 -0 .1 9.5 - 5 .0 2.6 3.0 -3 .1 1.9 - 1 .7 6.1 7.1 - 4 .9 4.7 0.3 1.0 Table 3. U.S.-Germany comparisons: Presses, metalforming U.S. export price index in dollars Germany export price index in deutsche marks Germany export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. Septem ber...................................................................... Decem ber....................................................................... M arch.............................................................................. June................................................................................. September...................................................................... Decem ber....................................................................... M arch.............................................................................. 59.8 62.6 69.4 72.3 85.4 86.4 98.5 98.5 99.9 100.0 101.3 105.8 105.8 105.8 109.9 112.4 111.8 113.7 117.5 119.0 119.8 124.6 132.4 134.0 140.5 Percent change 4.7 10.9 4.2 18.1 1.2 14.0 0.0 1.4 0.1 1.3 4.4 0.0 0.0 3.9 2.3 - 0 .5 1.7 3.3 1.3 0.7 4.0 6.3 1.2 4.9 Index 64.1 69.8 72.0 75.3 85.7 94.4 94.4 93.1 100.0 100.0 100.0 100.0 100.7 101.3 101.3 101.3 104.7 106.7 106.7 106.7 110.7 110.7 109.6 109.6 112.2 Percent change 8.9 3.2 4.6 13.8 10.2 0.0 - 1 .4 7.4 0.0 0.0 0.0 0.7 0.6 0.0 0.0 3.4 1.9 0.0 0.0 3.7 0.0 -1 .0 0.0 2.4 Index 41.3 46.5 53.2 68.3 76.7 87.5 83.1 89.0 100.9 100.0 89.4 89.3 92.1 92.0 95.2 99.5 102.5 106.0 107.4 116.1 127.5 124.4 130.2 136.5 141.1 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 12.6 14.4 28.4 12.3 14.1 - 5 .0 7.1 13.4 - 0 .9 -1 0 .6 -0 .1 3.1 -0 .1 3.5 4.5 3.0 3.4 1.3 8.1 9.8 - 2 .4 4.7 4.8 3.4 107.2 111.5 103.7 104.1 100.4 109.3 95.8 94.5 100.1 100.0 98.7 94.5 95.2 95.7 92.2 90.1 93.6 93.8 90.8 89.7 92.4 88.8 82.8 81.8 79.9 4.0 - 7 .0 0.4 - 3 .6 8.9 -1 2 .4 - 1 .4 5.9 -0 .1 - 1 .3 - 4 .3 0.7 0.5 - 3 .7 - 2 .3 3.9 0.2 - 3 .2 - 1 .2 3.0 - 3 .9 - 6 .8 - 1 .2 - 2 .3 69.1 74.3 76.7 94.5 89.8 101.3 84.4 90.4 101.0 100.0 88.3 84.4 87.1 87.0 86.6 88.5 91.7 93.2 91.4 97.6 106.4 99.8 98.3 101.9 100.4 7.5 3.2 23.2 - 5 .0 12.8 -1 6 .7 7.1 11.7 - 1 .0 -1 1 .7 - 4 .4 3.2 -0 .1 - 0 .5 2.2 3.6 1.6 - 1 .9 6.8 9.0 - 6 .2 - 1 .5 3.7 - 1 .5 Please see notes at end of tables. Table 4. U.S.-Germany comparisons: Interchangeable tools for hand or machine tools U.S. export price index in dollars Germany export price index in deutsche marks Germany export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... December........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September...................................................................... Decem ber....................................................................... M arch.............................................................................. June................................................................................. September...................................................................... Decem ber....................................................................... M arch.............................................................................. June................................................................................. September...................................................................... Decem ber....................................................................... M arch.............................................................................. 61.4 64.7 65.5 69.7 73.9 80.2 88.4 94.7 98.2 100.0 99.3 100.7 104.3 107.9 110.4 112.6 114.9 122.5 124.8 128.6 128.9 130.4 140.2 142.2 145.3 Percent change 5.4 1.2 6.4 6.0 8.5 10.2 7.1 3.7 1.8 -0 .7 1.4 3.6 3.5 2.3 2.0 2.0 6.6 1.9 3.0 0.2 1.2 7.5 1.4 2.2 Please see notes at end of tables. 10 Index 67.3 76.3 79.4 81.9 86.5 90.2 91.0 92.2 94.4 100.0 103.1 103.4 104.0 106.0 106.1 106.4 110.3 112.5 115.8 115.8 115.8 117.3 118.0 118.0 120.9 Percent change 13.4 4.1 3.1 5.6 4.3 0.9 1.3 2.4 5.9 3.1 0.3 0.6 1.9 0.1 0.3 3.7 2.0 2.9 0.0 0.0 1.3 0.6 0.0 2.5 Index 43.4 50.9 58.6 74.4 77.3 83.6 80.1 88.1 95.3 100.0 92.1 92.3 95.1 96.2 99.7 104.5 107.9 111.7 116.7 126.0 133.3 131.7 140.3 147.0 152.1 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 17.3 15.1 27.0 3.9 8.2 - 4 .2 10.0 8.2 4.9 - 7 .9 0.2 3.0 1.2 3.6 4.8 3.3 3.5 4.5 8.0 5.8 - 1 .2 6.5 4.8 3.5 109.6 117.9 121.2 117.5 117.1 112.5 102.9 97.4 96.1 100.0 103.8 102.7 99.7 98.2 96.1 94.5 96.0 91.8 92.8 90.0 89.8 90.0 84.2 83.0 83.2 7.6 2.8 -3 .1 - 0 .3 - 3 .9 - 8 .5 - 5 .3 - 1 .3 4.1 3.8 -1 .1 - 2 .9 - 1 .5 -2 .1 - 1 .7 1.6 - 4 .4 1.1 - 3 .0 - 0 .2 0.2 - 6 .4 - 1 .4 0.2 70.7 78.7 89.5 106.7 104.6 104.2 90.6 93.0 97.0 100.0 92.7 91.7 91.2 89.2 90.3 92.8 93.9 91.2 93.5 98.0 103.4 101.0 100.1 103.4 104.7 11.3 13.7 19.2 - 2 .0 - 0 .4 -1 3 .1 2.6 4.3 3.1 - 7 .3 -1 .1 - 0 .5 - 2 .2 1.2 2.8 1.2 - 2 .9 2.5 4.8 5.5 -2 .3 - 0 .9 3.3 1.3 Table 5. U.S.-Germany comparisons: Diesel engines, except for motor vehicles U.S. export price index in dollars Germany export price index in deutsche marks Germany export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch...................................... ......................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... December........................................................................ M arch............................................................................... 64.3 68.3 70.1 71.8 76.9 82.4 86.1 93.0 98.6 100.0 103.1 103.6 107.6 108.9 111.0 111.0 111.9 112.9 116.6 117.8 121.4 125.0 129.1 130.1 136.0 Percent change 6.2 2.6 2.4 7.1 7.2 4.5 8.0 6.0 1.4 3.1 0.5 3.9 1.2 1.9 0.0 0.8 0.9 3.3 1.0 3.1 3.0 3.3 0.8 4.5 Index 63.1 68.7 76.0 81.2 85.3 87.5 87.5 89.1 98.5 100.0 100.0 100.1 106.8 106.5 106.0 106.4 111.3 112.2 112.2 112.2 115.1 115.3 116.1 116.0 120.5 Percent change 8.9 10.6 6.8 5.0 2.6 0.0 1.8 10.5 1.5 0.0 0.1 6.7 - 0 .3 - 0 .5 0.4 4.6 0.8 0.0 0.0 2.6 0.2 0.7 -0 .1 3.9 Index 40.7 45.8 56.1 73.7 76.3 81.1 76.9 85.1 99.4 100.0 89.4 89.3 97.7 96.7 99.7 104.5 109.0 111.4 113.0 122.1 132.5 129.5 138.0 144.5 151.7 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 12.5 22.5 31.4 3.5 6.3 - 5 .2 10.7 16.8 0.6 -1 0 .6 -0 .1 9.4 - 1 .0 3.1 4.8 4.3 2.2 1.4 8.1 8.5 - 2 .3 6.6 4.7 5.0 98.1 100.6 108.4 113.1 110.9 106.2 101.6 95.8 99.9 100.0 97.0 96.6 99.3 97.8 95.5 95.9 99.5 99.4 96.2 95.2 94.8 92.2 89.9 89.2 88.6 2.5 7.8 4.3 - 1 .9 - 4 .2 - 4 .3 - 5 .7 4.3 0.1 - 3 .0 - 0 .4 2.8 - 1 .5 - 2 .4 0.4 3.8 -0 .1 - 3 .2 - 1 .0 - 0 .4 - 2 .7 - 2 .5 - 0 .8 - 0 .7 63.3 67.1 80.0 102.6 99.2 98.4 89.3 91.5 100.8 100.0 86.7 86.2 90.8 88.8 89.8 94.1 97.4 98.7 96.9 103.7 109.1 103.6 106.9 111.1 111.5 6.0 19.2 28.2 - 3 .3 - 0 .8 - 9 .2 2.5 10.2 - 0 .8 -1 3 .3 - 0 .6 5.3 - 2 .2 1.1 4.8 3.5 1.3 - 1 .8 7.0 5.2 - 5 .0 3.2 3.9 0.4 Please see notes at end of tables. Table 6. U.S.-Germany comparisons: Air and gas pumps and compressors, and parts for pumps, compressors, and compressed air equipment U.S. export price index in dollars Germany export price index in deutsche marks Germany export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... 1977 1977 1978 1978 1978 1978 1979 September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... December........................................................................ M arch............................................................................... 70.8 74.0 76.0 79.9 83.6 85.4 87.5 89.6 100.5 100.0 100.4 100.5 117.7 117.8 118.1 118.6 118.8 121.3 122.0 122.3 126.6 127.7 128.4 133.0 136.6 Percent change 4.5 2.7 5.1 4.6 2.2 2.5 2.4 12.2 - 0 .5 0.4 0.1 17.1 0.1 0.3 0.4 0.2 2.1 0.6 0.2 3.5 0.9 0.5 3.6 2.7 Please see notes at end of tables. http://fraser.stlouisfed.org/ 314-593 0 - 8 0 - 3 Federal Reserve Bank of St. Louis 11 Index 69.0 73.1 75.9 77.8 83.8 84.9 95.5 96.0 99.8 100.0 100.0 100.3 105.3 106.2 106.2 106.2 108.1 110.5 110.6 108.3 110.2 109.4 109.6 110.4 111.5 Percent change 5.9 3.8 2.5 7.7 1.3 12.5 0.5 4.0 0.2 0.0 0.3 5.0 0.9 0.0 0.0 1.8 2.2 0.1 -2 .1 1.8 - 0 .7 0.2 0.7 1.0 Index 44.4 48.7 56.0 70.6 75.0 78.7 84.0 91.7 100.7 100.0 89.4 89.6 96.3 96.5 99.9 104.4 105.8 109.8 111.4 117.9 126.9 122.9 130.2 137.5 140.3 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 9.7 15.0 26.1 6.2 4.9 6.7 9.2 9.8 - 0 .7 -1 0 .6 0.2 7.5 0.2 3.5 4.5 1.3 3.8 1.5 5.8 7.6 - 3 .2 5.9 5.6 2.0 97.5 98.8 99.9 97.4 100.2 99.4 109.1 107.1 99.3 100.0 99.6 99.8 89.5 90.2 89.9 89.5 91.0 91.1 90.7 88.6 87.0 85.7 85.4 83.0 81.6 1.3 1.1 - 2 .5 2.9 - 0 .8 9.8 - 1 .8 - 7 .3 0.7 - 0 .4 0.2 -1 0 .3 0.8 - 0 .3 - 0 .4 1.7 0.1 - 0 .4 - 2 .3 - 1 .8 - 1 .5 - 0 .4 - 2 .8 - 1 .7 62.7 65.8 73.7 88.4 89.7 92.2 96.0 102.3 100.2 100.0 89.0 89.2 81.8 81.9 84.6 88.0 89.1 90.5 91.3 96.4 100.2 96.2 101.4 103.4 102.7 4.9 12.0 19.9 1.5 2.8 4.1 6.6 -2 .1 - 0 .2 -1 1 .0 0.2 - 8 .3 0.1 3.3 4.0 1.2 1.6 0.9 5.6 3.9 - 4 .0 5.4 2.0 - 0 .7 Table 7. U.S.-Germany comparisons: Compressed air equipment U.S. export price index in dollars Germany export price index in deutsche marks Germany export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... December........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch.............................................................................. 80.8 80.9 85.6 86.7 87.0 91.7 98.7 99.6 100.0 100.0 99.9 100.0 101.7 101.8 102.5 102.8 105.4 105.6 108.1 108.4 108.5 110.1 110.7 113.7 115.5 Percent change 0.1 5.8 1.3 0.3 5.4 7.6 0.9 0.4 0.0 -0 .1 0.1 1.7 0.1 0.7 0.3 2.5 0.2 2.4 0.3 0.1 1.5 0.5 2.7 1.6 Index 73.5 81.5 82.9 85.8 90.5 94.1 96.0 96.3 98.0 100.0 100.2 100.2 102.2 104.4 105.7 105.7 110.0 110.2 110.7 110.7 111.5 113.5 113.6 114.8 115.4 Percent change 10.9 1.7 3.5 5.5 4.0 2.0 0.3 1.8 2.0 0.2 0.0 2.0 2.2 1.2 0.0 4.1 0.2 0.5 0.0 0.7 1.8 0.1 1.1 0.5 Index Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 14.8 12.9 27.1 3.9 7.8 - 3 .2 9.0 7.5 1.1 -1 0 .4 -0 .1 4.5 1.4 4.9 4.5 3.6 1.8 1.8 8.0 6.6 - 0 .6 6.0 5.8 1.5 91.0 100.7 96.8 99.0 104.0 102.6 97.3 96.7 98.0 100.0 100.3 100.2 100.5 102.6 103.1 102.8 104.4 104.4 102.4 102.1 102.8 103.1 102.6 101.0 99.9 10.7 - 3 .9 2.3 5.1 - 1 .3 - 5 .2 -0 .6 1.3 2.0 0.3 -0 .1 0.3 2.1 0.5 - 0 .3 1.6 0.0 - 1 .9 - 0 .3 0.7 0.3 - 0 .5 - 1 .6 -1 .1 58.5 67.1 71.6 89.9 93.0 95.1 85.5 92.4 98.9 100.0 89.7 89.5 91.9 93.1 97.0 101.1 102.1 103.7 103.1 111.1 118.2 115.8 122.0 125.7 125.6 14.7 6.7 25.6 3.4 2.3 -1 0 .1 8.1 7.0 1.1 -1 0 .3 - 0 .2 2.7 1.3 4.2 4.2 1.0 1.6 - 0 .6 7.8 6.4 - 2 .0 5.4 3.0 -0 .1 47.3 54.3 61.3 77.9 80.9 87.2 84.4 92.0 98.9 100.0 89.6 89.5 93.5 94.8 99.4 103.9 107.6 109.5 111.5 120.4 128.3 127.5 135.1 142.9 145.1 Please see notes at end of tables. Table 8. U.S.-Germany comparisons: Pumps for liquids, except as parts for motor vehicles U.S. export price index in dollars Germany export price index in deutsche marks Germany export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... December........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... December........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... December........................................................................ M arch............................................................................... 61.5 62.4 64.5 68.3 75.6 86.8 89.6 92.2 95.8 100.0 110.0 108.8 109.8 112.3 117.5 118.6 119.1 123.5 124.6 124.8 127.2 130.7 131.7 137.8 139.9 Percent change 1.5 3.4 5.9 10.7 14.8 3.2 2.9 3.9 4.4 10.0 -1 .1 0.9 2.3 4.6 0.9 0.4 3.7 0.9 0.2 1.9 2.8 0.8 4.6 1.5 Please see notes at end of tables. 12 Index 67.7 72.4 75.6 79.5 87.0 88.8 90.9 90.9 98.3 100.0 100.1 100.1 103.8 105.1 105.4 105.4 109.5 110.9 111.3 111.3 113.6 113.9 113.9 113.9 114.6 Percent change 6.9 4.4 5.2 9.4 2.1 2.4 0.0 8.1 1.7 0.1 0.0 3.7 1.3 0.3 0.0 3.9 1.3 0.4 0.0 2.1 0.3 0.0 0.0 0.6 Index 43.6 48.3 55.8 72.2 77.8 82.3 80.0 86.9 99.2 100.0 89.4 89.3 94.9 95.5 99.0 103.5 107.1 110.2 112.1 121.1 130.8 127.9 135.4 141.9 144.1 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 10.8 15.5 29.4 7.8 5.8 - 2 .8 8.6 14.2 0.8 -1 0 .6 -0 .1 6.3 0.6 3.7 4.5 3.5 2.9 1.7 8.0 8.0 - 2 .2 5.9 4.8 1.6 110.1 116.0 117.2 116.4 115.1 102.3 101.5 98.6 102.6 100.0 91.0 92.0 94.5 93.6 89.7 88.9 91.9 89.8 89.3 89.2 89.3 87.1 86.5 82.7 81.9 5.4 1.0 - 0 .7 -1 .1 -1 1 .1 - 0 .8 -2 .9 4.1 - 2 .5 -9 .0 1.1 2.7 - 1 .0 - 4 .2 - 0 .9 3.4 - 2 .3 - 0 .6 -0 .1 0.1 - 2 .5 - 0 .7 - 4 .4 - 1 .0 70.9 77.4 86.5 105.7 102.9 94.8 89.3 94.3 103.5 100.0 81.3 82.1 86.4 85.0 84.3 87.3 89.9 89.2 90.0 97.0 102.8 97.9 102.8 103.0 103.0 9.2 11.8 22.2 - 2 .6 - 7 .9 -5 .8 5.6 9.8 - 3 .4 -1 8 .7 1.0 5.2 -1 .6 - 0 .8 3.6 3.0 - 0 .8 0.9 7.8 6.0 - 4 .8 5.0 0.2 0.0 Table 9. U.S.-Germany comparisons: Construction machinery and equipment U.S. export price index in dollars Germany export price index in deutsche marks Germany export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... December........................................................................ M arch............................................................................... 62.7 65.2 69.8 73.4 78.9 83.2 89.7 94.2 99.2 100.0 101.1 102.7 105.2 105.5 106.7 109.6 112.3 113.5 116.3 119.6 120.6 125.0 127.5 132.0 133.1 Percent change 4.0 7.1 5.2 7.5 5.4 7.8 5.0 5.3 0.8 1.1 1.6 2.4 0.3 1.1 2.7 2.5 1.1 2.5 2.8 0.8 3.6 2.0 3.5 0.8 Index 70.0 74.0 77.7 82.9 85.9 88.3 90.6 94.0 99.3 100.0 100.4 100.5 102.3 103.4 104.4 104.4 107.3 108.1 108.1 108.1 108.2 109.1 109.3 109.1 110.0 Percent change 5.7 5.0 6.7 3.6 2.8 2.6 3.8 5.6 0.7 0.4 0.1 1.8 1.1 1.0 0.0 2.8 0.7 0.0 0.0 0.1 0.8 0.2 - 0 .2 0.8 Index 45.1 49.3 57.4 75.3 76.8 81.8 79.7 89.8 100.2 100.0 89.8 89.7 93.5 93.9. 98.2 102.5 105.0 107.4 108.9 117.6 124.5 122.5 130.0 135.8 138.4 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 9.3 16.4 31.2 2.0 6.5 - 2 .6 12.7 11.6 - 0 .2 -1 0 .2 -0 .1 4.2 0.4 4.6 4.4 2.4 2.3 1.4 8.0 5.9 - 1 .6 6.1 4.5 1.9 111.6 113.5 111.3 112.9 108.9 106.1 101.0 99.8 100.1 100.0 99.3 97.9 97.2 98.0 97.8 95.3 95.5 95.2 92.9 90.4 89.7 87.3 85.7 82.7 82.6 1.7 - 1 .9 1.4 - 3 .5 - 2 .6 - 4 .8 - 1 .2 0.3 -0 .1 - 0 .7 - 1 .4 - 0 .7 0.8 - 0 .2 - 2 .6 0.2 - 0 .3 - 2 .4 - 2 .7 - 0 .8 - 2 .7 - 1 .8 - 3 .5 -0 .1 71.9 75.6 82.2 102.6 97.3 98.3 88.9 95.3 101.0 100.0 88.8 87.3 88.9 89.0 92.0 93.5 93.5 94.6 93.6 98.3 103.2 98.0 102.0 102.9 104.0 5.1 8.7 24.8 - 5 .2 1.0 - 9 .6 7.2 6.0 - 1 .0 -1 1 .2 - 1 .7 1.8 0.1 3.4 1.6 0.0 1.2 -1 .1 5.0 5.0 - 5 .0 4.1 0.9 1.1 Please see notes at end of tables. Table 10. U.S.-Germany comparisons: Mining machinery and equipment U.S. export price index in dollars Germany export price index in deutsche marks Germany export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... December........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... 61.0 63.4 66.6 68.9 74.7 82.6 89.1 93.4 96.3 100.0 104.8 110.1 113.0 113.5 116.0 121.6 125.4 126.7 128.8 132.9 135.3 135.7 140.9 145.4 148.7 Percent change 3.9 5.0 3.5 8.4 10.6 7.9 4.8 3.1 3.8 4.8 5.1 2.6 0.4 2.2 4.8 3.1 1.0 1.7 3.2 1.8 0.3 3.8 3.2 2.3 Please see notes at end of tables. 13 Index 64.3 71.7 75.0 78.2 86.4 87.6 90.4 91.3 97.8 100.0 101.0 101.1 104.3 106.4 106.4 106.4 110.4 110.8 111.9 111.9 114.1 114.7 115.6 116.0 119.6 Percent change 11.5 4.6 4.3 10.5 1.4 3.2 1.0 7.1 2.2 1.0 0.1 3.2 2.0 0.0 0.0 3.8 0.4 1.0 0.0 2.0 0.5 0.8 0.3 3.1 Index 41.4 47.8 55.4 71.0 77.3 81.2 79.5 87.2 98.7 100.0 90.3 90.3 95.4 96.6 100.0 104.5 108.1 110.0 112.7 121.8 131.3 128.9 137.4 144.4 150.4 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 15.5 15.9 28.2 8.9 5.0 -2 .1 9.7 13.2 1.3 - 9 .7 0.0 5.6 1.3 3.5 4.5 3.4 1.8 2.5 8.1 7.8 - 1 .8 6.6 5.1 4.2 105.4 113.1 112.6 113.5 115.7 106.1 101.5 97.8 101.6 100.0 96.4 91.8 92.3 93.7 91.7 87.5 88.0 87.5 86.9 84.2 84.3 84.5 82.0 79.8 80.4 7.3 - 0 .4 0.8 1.9 - 8 .3 - 4 .3 - 3 .6 3.9 - 1 .6 - 3 .6 - 4 .8 0.5 1.5 -2 .1 - 4 .6 0.6 - 0 .6 - 0 .7 -3 .1 0.1 0.2 - 3 .0 - 2 .7 0.8 67.9 75.4 83.2 103.0 103.5 98.3 89.2 93.4 102.5 100.0 86.2 82.0 84.4 85.1 86.2 85.9 86.2 86.8 87.5 91.6 97.0 95.0 97.5 99.3 101.1 11.0 10.3 23.8 0.5 -5 .0 - 9 .3 4.7 9.7 - 2 .4 -1 3 .8 - 4 .9 2.9 0.8 1.3 - 0 .3 0.3 0.7 0.8 4.7 5.9 -2 .1 2.6 1.8 1.8 Table 11. U.S.-Germany comparisons: Agricultural machinery and equipment, except tractors U.S. export price index in dollars Germany export price index in deutsche marks Germany export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September...................................................................... Decem ber....................................................................... M arch.............................................................................. June................................................................................. September...................................................................... Decem ber....................................................................... M arch.............................................................................. Percent change 66.2 68.5 72.5 73.7 79.2 82.5 91.2 95.6 99.4 100.0 100.6 103.9 105.3 107.1 108.7 112.6 115.2 115.1 116.3 119.6 121.3 123.5 125.3 128.6 128.9 3.5 5.8 1.7 7.5 4.2 10.5 4.8 4.0 0.6 0.6 3.3 1.3 1.7 1.5 3.6 2.3 -0 .1 1.0 2.8 1.4 1.8 1.5 2.6 0.2 Index 65.3 71.5 74.7 79.6 86.8 89.0 94.1 95.1 97.8 100.0 100.9 102.0 103.1 105.3 106.1 107.2 108.6 108.8 110.3 110.6 111.5 111.4 114.5 115.4 116.1 Percent change 9.5 4.5 6.6 9.0 2.5 5.7 1.1 2.8 2.2 0.9 1.1 1.1 2.1 0.8 1.0 1.3 0.2 1.4 0.3 0.8 -0 .1 2.8 0.8 0.6 Index 42.1 47.7 55.2 72.2 77.7 82.5 82.8 90.9 98.7 100.0 90.2 91.1 94.3 95.6 99.7 105.3 106.3 108.1 111.1 120.4 128.4 125.1 136.1 143.8 146.0 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 13.3 15.7 30.8 7.6 6.2 0.4 9.8 8.6 1.3 - 9 .8 1.0 3.5 1.4 4.3 5.6 0.9 1.7 2.8 8.4 6.6 -2 .6 8.8 5.7 1.5 98.6 104.4 103.0 108.0 109.6 107.9 103.2 99.5 98.4 100.0 100.3 98.2 97.9 98.3 97.6 95.2 94.3 94.5 94.8 92.5 91.9 90.2 91.4 89.7 90.1 5.9 - 1 .3 4.9 1.5 - 1 .6 - 4 .4 - 3 .6 -1 .1 1.6 0.3 -2 .1 - 0 .3 0.4 - 0 .7 - 2 .5 - 0 .9 0.2 0.3 - 2 .4 -0 .6 - 1 .8 1.3 - 1 .9 0.4 63.6 69.6 76.1 98.0 98.1 100.0 90.8 95.1 99.3 100.0 89.7 87.7 89.6 89.3 91.7 93.5 92.3 93.9 95.5 100.7 105.9 101.3 108.6 111.8 113.3 9.4 9.3 28.8 0.1 1.9 - 9 .2 4.7 4.4 0.7 -1 0 .3 - 2 .2 2.2 - 0 .3 2.7 2.0 - 1 .3 1.7 1.7 5.4 5.2 - 4 .3 7.2 2.9 1.3 Please see notes at end of tables. Table 12. U.S.-Germany comparisons: Agricultural tractors U.S. export price index in dollars Germany export price index in deutsche marks Germany export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September...................................................................... Decem ber....................................................................... M arch............................................................................... 64.2 68.2 71.3 73.9 81.3 84.6 90.2 96.5 100.5 100.0 102.8 108.0 108.9 111.0 112.2 115.4 119.6 119.9 124.5 130.7 132.0 132.8 138.3 137.8 138.8 Percent change 6.2 4.5 3.6 10.0 4.1 6.6 7.0 4.1 - 0 .5 2.8 5.1 0.8 1.9 1.1 2.9 3.6 0.3 3.8 5.0 1.0 0.6 4.1 - 0 .4 0.7 Please see notes at end of tables. 14 Index 73.4 79.7 81.7 82.4 86.3 88.6 91.8 97.6 96.3 100.0 100.0 102.8 104.6 105.7 105.9 109.2 110.5 111.7 111.7 111.7 111.8 112.4 112.4 112.9 113.2 Percent change 8.6 2.5 0.9 4.7 2.7 3.6 6.3 - 1 .3 3.8 0.0 2.8 1.8 1.1 0.2 3.1 1.2 1.1 0.0 0.0 0.1 0.5 0.0 0.4 0.3 Index 47.3 53.1 60.4 74.8 77.2 82.1 80.8 93.3 97.2 100.0 89.4 91.8 95.6 96.0 99.5 107.2 108.1 111.0 112.5 121.5 128.6 126.3 133.6 140.7 142.4 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 12.3 13.7 23.8 3.2 6.3 - 1 .6 15.5 4.2 2.9 -1 0 .6 2.7 4.1 0.4 3.6 7.7 0.8 2.7 1.4 8.0 5.8 - 1 .8 5.8 5.3 1.2 114.3 116.9 114.6 111.5 106.2 104.7 101.8 101.1 95.8 100.0 97.3 95.2 96.1 95.2 94.4 94.6 92.4 93.2 89.7 85.5 84.7 84.6 81.3 81.9 81.6 2.3 - 2 .0 - 2 .7 - 4 .8 - 1 .4 - 2 .8 - 0 .7 - 5 .2 4.4 - 2 .7 - 2 .2 0.9 - 0 .9 - 0 .8 0.2 - 2 .3 0.9 - 3 .8 - 4 .7 - 0 .9 -0 .1 - 3 .9 0.7 - 0 .4 73.7 77.9 84.7 101.2 95.0 97.0 89.6 96.7 96.7 100.0 87.0 85.0 87.8 86.5 88.7 92.9 90.4 92.6 90.4 93.0 97.4 95.1 96.6 102.1 102.6 5.7 8.7 19.5 -6 .1 2.1 - 7 .6 7.9 0.0 3.4 -1 3 .0 - 2 .3 3.3 - 1 .5 2.5 4.7 -2 .7 2.4 - 2 .4 2.9 4.7 - 2 .4 1.6 5.7 0.5 Table 13. U.S.-Germany comparisons: Cranes, hoists, and winches, not manually operated U.S. export price index in dollars Germany export price index in deutsche marks Germany export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June........................... ...................................................... September....................................................................... Decem ber........................................................................ M arch............................................................................... 60.2 63.3 65.7 70.8 74.2 83.1 84.7 89.6 98.1 100.0 102.0 104.8 106.7 107.0 108.7 110.2 111.6 113.8 116.1 117.4 119.8 121.5 123.9 127.8 128.6 Percent change 5.1 3.8 7.8 4.8 12.0 1.9 5.8 9.5 1.9 2.0 2.7 1.8 0.3 1.6 1.4 1.3 2.0 2.0 1.1 2.0 1.4 2.0 3.1 0.6 Index 66.8 74.6 79.7 84.8 92.1 92.4 94.3 94.3 99.8 100.0 100.0 100.0 99.6 101.8 102.6 102.6 113.9 114.1 114.1 114.1 114.1 118.5 118.5 118.5 123.8 Percent change 11.7 6.8 6.4 8.6 0.3 2.1 0.0 5.8 0.2 0.0 0.0 - 0 .4 2.2 0.8 0.0 11.0 0.2 0.0 0.0 0.0 3.9 0.0 0.0 4.5 Index 43.1 49.7 58.9 77.0 82.3 85.7 82.9 90.0 100.7 100.0 89.4 89.3 91.1 92.4 96.5 100.8 111.5 113.4 115.0 124.2 131.4 133.0 140.8 147.5 155.7 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 15.3 18.5 30.7 6.9 4.1 - 3 .3 8.6 11.9 - 0 .7 -1 0 .6 -0 .1 2.0 1.4 4.4 4.5 10.6 1.7 1.4 8.0 5.8 1.2 5.9 4.8 5.6 111.0 117.9 121.3 119.8 124.1 111.2 111.3 105.2 101.7 100.0 98.0 95.4 93.3 95.1 94.4 93.1 102.1 100.3 98.3 97.2 95.2 97.5 95 6 92.7 96.3 6.2 2.9 - 1 .2 3.6 -1 0 .4 0.1 - 5 .5 - 3 .3 - 1 .7 - 2 .0 - 2 .7 - 2 .2 1.9 - 0 .7 - 1 .4 9.7 - 1 .8 - 2 .0 1.1 -2 .1 2.4 - 1 .9 3.0 3.9 71.6 78.5 89.6 108.8 110.9 103.1 97.9 100.4 102.7 100.0 87.6 85.2 85.4 86.4 88.8 91.5 99.9 99.6 99.1 105.8 109.7 109.5 113.6 115.4 121.1 9.6 14.1 21.4 1.9 - 7 .0 - 5 .0 2.6 2.3 -2 .6 -1 2 .4 - 2 .7 0.2 1.2 2.8 3.0 9.2 - 0 .3 - 0 .5 6.8 3.7 - 0 .2 3.7 1.6 4.9 Please see notes at end of tables. Table 14. U.S.-Germany comparisons: Industrial trucks, and manually operated cranes, hoists, and winches U.S. export price index in dollars Germany export price index in deutsche marks Germany export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... 65.4 67.8 70.8 73.2 81.5 84.9 89.8 93.3 100.8 100.0 103.2 104.6 106.8 107.2 107.4 109.9 112.0 113.7 114.0 116.6 119.3 120.2 125.0 126.5 129.3 Percent change 3.7 4.4 3.4 11.3 4.2 5.8 3.9 8.0 - 0 .8 3.2 1.4 2.1 0.4 0.2 2.3 1.9 1.5 0.3 2.3 2.3 0.8 4.0 1.2 2.2 Please see notes at end of tables. 15 Index 69.1 74.0 76.7 81.6 88.7 90.7 93.3 93.5 100.0 100.0 100.0 99.9 102.4 102.6 102.6 102.6 105.5 105.5 105.9 105.9 108.3 108.8 108.2 108.2 110.4 Percent change 7.1 3.6 6.4 8.7 2.3 2.9 0.2 7.0 0.0 0.0 -0 .1 2.5 0.2 0.0 0.0 2.8 0.0 0.4 0.0 2.3 0.5 - 0 .6 0.0 2.0 Index 44.5 49.3 56.6 74.0 79.3 84.1 82.1 89.3 100.9 100.0 89.4 89.2 93.6 93.1 96.4 100.7 103.2 104.8 106.7 115.3 124.6 122.2 128.6 134.8 138.9 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 10.8 14.8 30.7 7.2 6.1 - 2 .4 8.8 13.0 - 0 .9 -1 0 .6 - 0 .2 4.9 - 0 .5 3.5 4.5 2.5 1.6 1.8 8.1 8.1 - 1 .9 5.2 4.8 3.0 105.7 109.1 108.3 111.5 108.8 106.8 103.9 100.2 99.2 100.0 96.9 95.5 95.9 95.7 95.5 93.4 94.2 92.8 92.9 90.8 90.8 90.5 86.6 85.5 85.4 3.2 - 0 .7 3.0 - 2 .4 - 1 .8 - 2 .7 - 3 .6 - 1 .0 0.8 -3 .1 - 1 .4 0.4 - 0 .2 - 0 .2 - 2 .2 0.9 - 1 .5 0.1 - 2 .3 0.0 - 0 .3 - 4 .3 - 1 .3 -0 .1 68.0 72.7 79.9 101.1 97.3 99.1 91.4 95.7 100.1 100.0 86.6 85.3 87.6 86.8 89.8 91.6 92.1 92.2 93.6 98.9 104.4 101.7 102.9 106.6 107.4 6.9 9.9 26.5 - 3 .8 1.8 - 7 .8 4.7 4.6 -0 .1 -1 3 .4 - 1 .5 2.7 - 0 .9 3.5 2.0 0.5 0.1 1.5 5.7 5.6 - 2 .6 1.2 3.6 0.8 Table 15. U.S.-Germany comparisons: Machines for making or finishing paper and paper products U.S. export price index in dollars Germany export price index in deutsche marks Germany export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber....................................................................... M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch.............................................................................. 69.2 72.7 75.4 84.6 89.9 93.7 96.4 96.7 98.8 100.0 100.0 100.0 108.0 108.0 108.0 110.1 116.8 117.7 118.5 118.9 121.8 124.0 127.8 129.3 129.5 Percent change 5.1 3.7 12.2 6.3 4.2 2.9 0.3 2.2 1.2 0.0 0.0 8.0 0.0 0.0 1.9 6.1 0.8 0.7 0.3 2.4 1.8 3.1 1.2 0.2 Index 64.4 70.1 74.1 78.2 86.2 88.7 90.5 91.1 98.8 100.0 100.8 101.6 103.9 104.1 104.2 104.8 110.5 110.7 110.8 111.2 113.7 113.5 113.5 113.9 117.4 Percent change 8.9 5.7 5.5 10.2 2.9 2.0 0.7 8.5 1.2 0.8 0.8 2.3 0.2 0.1 0.6 5.4 0.2 0.1 0.4 2.2 - 0 .2 0.0 0.4 3.1 Index 41.5 46.7 54.7 71.0 77.0 82.2 79.6 87.0 99.7 100.0 90.1 90.7 95.0 94.5 97.9 102.9 108.2 110.0 111.6 121.0 130.9 127.5 134.9 141.9 147.7 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 12.5 17.1 29.8 8.5 6.8 - 3 .2 9.3 14.6 0.3 - 9 .9 0.7 4.7 - 0 .5 3.6 5.1 5.2 1.7 1.5 8.4 8.2 - 2 .6 5.8 5.2 4.1 93.1 96.4 98.3 92.4 95.9 94.7 93.9 94.2 100.0 100.0 100.8 101.6 96.2 96.4 96.5 95.2 94.6 94.1 93.5 93.5 93.3 91.5 88.8 88.1 90.7 3.5 2.0 - 6 .0 3.8 - 1 .3 - 0 .8 0.3 6.2 0.0 0.8 0.8 - 5 .3 0.2 0.1 - 1 .3 - 0 .6 - 0 .5 - 0 .6 0.0 -0 .2 - 1 .9 - 3 .0 - 0 .8 3.0 60.0 64.2 72.5 83.9 85.7 87.7 82.6 90.0 100.9 100.0 90.1 90.7 88.0 87.5 90.6 93.5 92.6 93.5 94.2 101.8 107.5 102.8 105.6 109.7 114.1 7.0 12.9 15.7 2.1 2.3 - 5 .8 9.0 12.1 -0 .9 - 9 .9 0.7 -3 .0 -0 .6 3.5 3.2 - 1 .0 1.0 0.7 8.1 5.6 - 4 .4 2.7 3.9 4.0 Please see notes at end of tables. Table 16. U.S.-Germany comparisons: Typemaking, typesetting, and printing machines U.S. export price index in dollars Germany export price index in deutsche marks Germany export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. June.................................................................................. June.................................................................................. June................................................................................. . M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September...................................................................... Decem ber....................................................................... M arch.............................................................................. June................................................................................. September...................................................................... Decem ber....................................................................... M arch.............................................................................. 80.8 83.8 86.1 86.2 87.8 92.0 92.9 97.7 100.0 100.0 104.3 105.6 112.4 112.4 114.1 118.0 124.0 126.3 129.2 130.4 135.0 139.3 138.7 140.4 143.1 Percent change 3.7 2.7 0.1 1.9 4.8 1.0 5.2 2.4 0.0 4.3 1.2 6.4 0.0 1.5 3.4 5.1 1.9 2.3 0.9 3.5 3.2 - 0 .4 1.2 1.9 Please see notes at end of tables. 16 Index 67.6 74.2 77.0 82.1 90.0 90.6 92.9 94.7 96.2 100.0 100.2 100.8 103.2 104.0 106.2 106.6 109.0 110.1 111.4 111.6 112.6 112.8 114.9 115.0 116.7 Percent change 9.8 3.8 6.6 9.6 0.7 2.5 1.9 1.6 4.0 0.2 0.6 2.4 0.8 2.1 0.4 2.3 1.0 1.2 0.2 0.9 0.2 1.9 0.1 1.5 Index 43.6 49.4 56.9 74.6 80.5 84.0 81.8 90.5 97.1 100.0 89.6 90.0 94.4 94.4 99.8 104.7 106.7 109.4 112.2 121.4 129.6 126.7 136.6 143.2 146.8 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 13.3 15.2 31.1 7.9 4.3 -2 .6 10.6 7.3 3.0 -1 0 .4 0.4 4.9 0.0 5.7 4.9 1.9 2.5 2.6 8.2 6.8 - 2 .2 7.8 4.8 2.5 83.7 88.5 89.4 95.2 102.5 98.5 100.0 96.9 96.2 100.0 96.1 95.5 91.8 92.5 93.1 90.3 87.9 87.2 86.2 85.6 83,4 81.0 82.8 81.9 81.6 5.7 1.0 6.5 7.7 - 3 .9 1.5 -3 .1 - 0 .7 4.0 - 3 .9 - 0 .6 - 3 .9 0.8 0.6 - 3 .0 - 2 .7 - 0 .8 -1 .1 - 0 .7 - 2 .6 - 2 .9 2.2 -1 .1 - 0 .4 54.0 58.9 66.1 86.5 91.7 91.3 88.1 92.6 97.1 100.0 85.9 85.2 84.0 84.0 87.5 88.7 86.0 86.6 86.8 93.1 96.0 91.0 98.5 102.0 102.6 9.1 12.2 30.9 6.0 - 0 .4 - 3 .5 5.1 4.9 3.0 -1 4 .1 - 0 .8 - 1 .4 0.0 4.2 1.4 -3 .0 0.7 0.2 7.3 3.1 - 5 .2 8.2 3.6 0.6 Table 17. U.S.-Germany comparisons: Taps, cocks, valves, and similar devices U.S. export price index in dollars Germany export price index in deutsche marks Germany export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... December........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... December........................................................................ M arch............................................................................... 67.8 69.7 67.0 70.5 81.2 82.8 92.0 93.8 96.7 100.0 100.8 103.1 107.0 107.7 109.4 113.4 114.0 114.8 115.1 119.3 121.3 123.2 125.6 130.1 133.2 Percent change 2.8 - 3 .9 5.2 15.2 2.0 11.1 2.0 3.1 3.4 0.8 2.3 3.8 0.7 1.6 3.7 0.5 0.7 0.3 3.6 1.7 1.6 1.9 3.6 2.4 Index 76.2 79.7 81.6 85.3 95.1 101.5 101.7 101.3 100.6 100.0 100.8 100.1 102.0 103.7 103.1 103.1 106.0 106.6 105.5 105.5 106.9 107.0 107.1 107.3 108.6 Percent change 4.6 2.4 4.5 11.5 6.7 0.2 - 0 .4 - 0 .7 - 0 .6 0.8 - 0 .7 1.9 1.7 - 0 .6 0.0 2.8 0.6 - 1 .0 0.0 1.3 0.1 0.1 0.2 1.2 Index 49.1 53.1 60.3 77.4 85.1 94.1 89.4 96.8 101.5 100.0 90.1 89.3 93.2 94.2 97.0 101.3 103.7 105.9 106.3 114.8 123.0 120.2 127.3 133.6 136.7 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 8.1 13.6 28.4 9.9 10.6 - 5 .0 8.3 4.9 - 1 .5 - 9 .9 - 0 .9 4.4 1.1 3.0 4.4 2.4 2.1 0.4 8.0 7.1 - 2 .3 5.9 4.9 2.3 112.4 114.3 121.8 121.0 117.1 122.6 110.5 108.0 104.0 100.0 100.0 97.1 95.3 96.3 94.2 90.9 93.0 92.9 91.7 88.4 88.1 86.9 85.3 82.5 81.5 1.7 6.6 - 0 .7 - 3 .2 4.7 - 9 .9 - 2 .3 - 3 .7 - 3 .8 0.0 - 2 .9 - 1 .9 1.0 - 2 .2 - 3 .5 2.3 -0 .1 - 1 .3 -3 .6 - 0 .3 - 1 .4 - 1 .8 - 3 .3 - 1 .2 72.4 76.2 90.0 109.8 104.8 113.6 97.2 103.2 105.0 100.0 89.4 86.6 87.1 87.5 88.7 89.3 91.0 92.2 92.4 96.2 101.4 97.6 101.4 102.7 102.6 5.2 18.1 22.0 - 4 .6 8.4 -1 4 .4 6.2 1.7 - 4 .8 -1 0 .6 -3 .1 0.6 0.5 1.4 0.7 1.9 1.3 0.2 4.1 5.4 - 3 .7 3.9 1.3 -0 .1 Please see notes at end of tables. Table 18. U.S.-Germany comparisons: Internal combustion engines for motor vehicles U.S. export price index in dollars Germany export price index in deutsche marks Germany export price index in dollars Month Index 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... 100.0 106.6 106.6 110.6 110.6 112.7 113.5 113.6 113.6 120.6 121.4 124.1 124.1 129.4 129.4 131.0 Percent change 6.6 0.0 3.8 0.0 1.9 0.7 0.1 0.0 6.2 0.7 2.2 0.0 4.3 0.0 1.2 Please see notes at end of tables. 17 Index 100.0 100.1 100.1 101.1 104.8 104.8 104.9 105.6 109.6 109.8 109.8 113.7 115.0 115.0 115.0 117.1 Percent change 0.1 0.0 1.0 3.7 0.0 0.1 0.7 3.8 0.2 0.0 3.6 1.1 0.0 0.0 1.8 Index 100.0 89.5 89.4 92.5 95.2 98.5 103.1 103.3 108.9 110.6 119.5 130.9 129.2 136.7 143.3 147.3 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change -1 0 .5 -0 .1 3.5 2.9 3.5 4.7 0.2 5.4 1.6 8.0 9.5 - 1 .3 5.8 4.8 2.8 100.0 93.9 93.9 91.4 94.8 93.0 92.4 93.0 96.5 91.0 90.4 91.6 92.7 88.9 88.9 89.4 -6 .1 0.0 - 2 .7 3.7 - 1 .9 - 0 .6 0.6 3.8 - 5 .7 - 0 .7 1.3 1.2 -4 .1 0.0 0.6 100.0 84.0 83.9 83.6 86.1 87.4 90.8 90.9 95.9 91.7 98.4 105.5 104.1 105.6 110.7 112.4 -1 6 .0 -0 .1 - 0 .4 3.0 1.5 3.9 0.1 5.5 - 4 .4 7.3 7.2 - 1 .3 1.4 4.8 1.5 Table 19. U.S.-Germany comparisons: Parts and accessories for motor vehicles, except electric U.S. export price index in dollars Germany export price index in deutsche marks Germany export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September...................................................................... Decem ber....................................................................... M arch............................................................................... June.................................................................................. September....................................................................... Decem ber....................................................................... M arch.............................................................................. 69.1 71.8 74.0 77.6 79.7 86.9 91.7 96.7 98.6 100.0 101.5 102.2 103.8 104.0 105.0 108.3 108.8 108.6 111.0 110.8 116.2 118.2 122.4 124.8 130.4 Percent change 3.9 3.1 4.9 2.7 9.0 5.5 5.5 2.0 1.4 1.5 0.7 1.6 0.2 1.0 3.1 0.5 - 0 .2 2.2 - 0 .2 4.9 1.7 3.6 2.0 4.5 Index 72.3 76.5 77.6 80.9 88.8 91.1 92.7 93.3 99.1 100.0 100.8 101.7 105.0 105.8 106.0 105.0 108.8 111.0 111.0 111.2 113.3 113.8 114.1 114.2 116.4 Percent change 5.8 1.4 4.3 9.8 2.6 1.8 0.6 6.2 0.9 0.8 0.9 3.2 0.8 0.2 -0 .9 3.6 2.0 0.0 0.2 1.9 0.4 0.3 0.1 1.9 Index 46.6 51.0 57.3 73.5 79.4 84.5 81.6 89.1 100.0 100.0 90.1 90.8 96.0 96.1 99.7 103.1 106.5 110.3 111.8 121.0 130.5 127.8 135.6 142.2 146.4 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 9.4 12.4 28.3 8.0 6.4 - 3 .4 9.2 12.2 0.0 - 9 .9 0.8 5.7 0.1 3.7 3.4 3.3 3.6 1.4 8.2 7.9 -2 .1 6.1 4.9 3.0 104.6 106.5 104.9 104.3 111.4 104.8 101.1 96.5 100.5 100.0 99.3 99.5 101.2 101.7 101.0 97.0 100.0 102.2 100.0 100.4 97.5 96.3 93.2 91.5 89.3 1.8 - 1 .5 - 0 .6 6.8 - 5 .9 - 3 .5 - 4 .5 4.1 - 0 .5 - 0 .7 0.2 1.7 0.5 -0 .7 - 4 .0 3.1 2.2 - 2 .2 0.4 - 2 .9 - 1 .2 - 3 .2 - 1 .8 - 2 .4 67.4 71.0 77.4 94.7 99.6 97.2 89.0 92.1 101.4 100.0 88.8 88.8 92.5 92.4 95.0 95.2 97.9 101.6 100.7 109.2 112.3 108.1 110.8 113.9 112.3 5.3 9.0 22.4 5.2 -2 .4 -8 .4 3.5 10.1 -1 .4 -1 1 .2 0.0 4.2 -0 .1 2.8 0.2 2.8 3.8 -0 .9 8.4 2.8 -3 .7 2.5 2.8 - 1 .4 Please see notes at end of tables. Table 20. U.S.-Germany comparisons: Electric motors and generators U.S. export price index in dollars Germany export price index in deutsche marks Germany export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... December........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... December........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber....................................................................... M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September...................................................................... Decem ber....................................................................... M arch.............................................................................. 65.5 69.7 72.6 76.5 82.6 85.9 90.6 92.8 95.0 100.0 102.4 103.0 103.8 106.0 107.4 108.8 112.5 111.5 112.8 112.8 117.1 119.2 118.9 122.3 127.1 Percent change 6.4 4.2 5.4 8.0 4.0 5.5 2.4 2.4 5.3 2.4 0.6 0.8 2.1 1.3 1.3 3.4 - 0 .9 1.2 0.0 3.8 1.8 - 0 .3 2.9 3.9 Please see notes at end of tables. 18 Index 64.1 73.1 76.2 80.4 86.7 90.1 93.8 93.5 99.1 100.0 100.7 100.7 103.4 105.8 105.8 105.8 109.2 110.3 110.3 110.3 112.8 109.4 109.4 109.4 111.7 Percent change 14.0 4.2 5.5 7.8 3.9 4.1 - 0 .3 6.0 0.9 0.7 0.0 2.7 2.3 0.0 0.0 3.2 1.0 0.0 0.0 2.3 - 3 .0 0.0 0.0 2.1 Index 41.3 48.7 56.3 73.0 77.5 83.5 82.5 89.3 100.1 100.0 90.0 89.9 94.5 96.1 99.5 103.9 106.9 109.6 111.1 120.1 129.9 122.9 130.0 136.3 140.5 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 17.9 15.6 29.7 6.2 7.7 - 1 .2 8.2 12.1 -0 .1 -1 0 .0 -0 .1 5.1 1.7 3.5 4.4 2.9 2.5 1.4 8.1 8.2 - 5 .4 5.8 4.8 3.1 97.9 104.9 105.0 105.1 105.0 104.9 103.5 100.8 104.3 100.0 98.3 97.8 99.6 99.8 98.5 97.2 97.1 98.9 97.8 97.8 96.3 91.8 92.0 89.5 87.9 7.2 0.1 0.1 -0 .1 -0 .1 - 1 .3 - 2 .6 3.5 -4 .1 - 1 .7 - 0 .5 1.8 0.2 - 1 .3 - 1 .3 -0 .1 1.9 -1 .1 0.0 - 1 .5 - 4 .7 0.2 - 2 .7 - 1 .8 63.1 69.9 77.5 95.4 93.8 97.2 91.1 96.2 105.4 100.0 87.9 87.3 91.0 90.7 92.6 95.5 95.0 98.3 98:5 106.5 110.9 103.1 109.3 111.4 110.5 10.8 10.9 23.1 - 1 .7 3.6 - 6 .3 5.6 9.6 -5 .1 -1 2 .1 -0 .7 4.2 - 0 .3 2.1 3.1 - 0 .5 3.5 0.2 8.1 4.1 - 7 .0 6.0 1.9 - 0 .8 Table 21. U.S.-Germany comparisons: Transformers, rectifiers, and rectifying apparatus U.S. export price index in dollars Germany export price index in deutsche marks Germany export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June....... .......................................................................... September....................................................................... Decem ber........................................................................ M arch............................................................................... 1978 September....................................................................... 1978 Decem ber........................................................................ 1979 M arch............................................................................... 78.3 76.3 81.8 78.4 88.4 92.0 93.7 96.2 98.5 100.0 101.1 101.3 103.2 105.6, 104.9 105.4 109.9 110.6 111.6 111.0 113.4 114.3 115.6 117.4 121.3 Percent change - 2 .6 7.2 - 4 .2 12.8 4.1 1.8 2.7 2.4 1.5 1.1 0.2 1.9 2.3 - 0 .7 0.5 4.3 0.6 0.9 - 0 .5 2.2 0.8 1.1 1.6 3.3 Index 83.1 84.3 87.4 89.1 87.6 88.3 91.9 93.3 100.1 100.0 100.5 99.4 99.6 99.6 100.9 100.9 104.4 105.3 105.2 105.2 104.8 106.3 106.2 106.2 107.5 Percent change 1.4 3.7 1.9 - 1 .7 0.8 4.1 1.5 7.3 -0 .1 0.5 -1 .1 0.2 0.0 1.3 0.0 3.5 0.9 -0 .1 0.0 - 0 .4 1.4 -0 .1 0.0 1.2 Index 53.6 56.2 64.6 80.9 78.3 81.9 80.8 89.2 101.0 100.0 89.8 88.8 91.0 90.4 94.9 99.1 102.2 104.6 105.9 114.5 120.6 119.3 126.2 132.2 135.3 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 4.9 14.9 25.2 - 3 .2 4.6 - 1 .3 10.4 13.2 - 1 .0 -1 0 .2 -1 .1 2.5 - 0 .7 5.0 4.4 3.1 2.3 1.2 8.1 5.3 -1 .1 5.8 4.8 2.3 106.1 110.5 106.8 113.6 99.1 96.0 98.1 97.0 101.6 100.0 99.4 98.1 96.5 94.3 96.2 95.7 95.0 95.2 94.3 94.8 92.4 93.0 91.9 90.5 88.6 4.1 - 3 .3 6.4 -1 2 .8 -3 .1 2.2 -1 .1 4.7 - 1 .6 - 0 .6 - 1 .3 - 1 .6 - 2 .3 2.0 - 0 .5 - 0 .7 0.2 - 0 .9 0.5 - 2 .5 0.6 - 1 .2 - 1 .5 -2 .1 68.5 73.7 79.0 103.2 88.6 89.0 86.2 92.7 102.5 100.0 88.8 87.7 88.2 85.6 90.5 94.0 93.0 94.6 94.9 103.2 106.3 104.4 109.2 112.6 111.5 7.6 7.2 30.6 -1 4 .1 0.5 -3 .1 7.5 10.6 - 2 .4 -1 1 .2 - 1 .2 0.6 - 2 .9 5.7 3.9 -1 .1 1.7 0.3 8.7 3.0 - 1 .8 4.6 3.1 - 1 .0 Please see notes at end of tables. Table 22. U.S.-Germany comparisons: Electric switches and switchgear U.S. export price index in dollars Germany export price index in deutsche marks Germany export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... 70.4 75.0 77.3 79.5 81.1 92.1 95.0 96.6 98.7 100.0 100.0 100.0 100.5 105.4 106.0 106.5 109.5 110.9 111.4 115.0 117.0 116.0 115.4 116.7 117.4 Percent change 6.5 3.1 2.8 2.0 13.6 3.1 1.7 2.2 1.3 0.0 0.0 0.5 4.9 0.6 0.5 2.8 1.3 0.5 3.2 1.7 - 0 .9 - 0 .5 1.1 0.6 Please see notes at end of tables. 19 Index 70.1 73.5 77.3 80.2 87.5 88.9 92.1 92.2 96.7 100.0 100.2 100.2 102.9 104.5 104.7 104.8 109.1 110.4 110.8 110.8 113.8 113.7 112.9 112.9 115.8 Percent change 4.9 5.2 3.8 9.1 1.6 3.6 0.1 4.9 3.4 0.2 0.0 2.7 1.6 0.2 0.1 4.1 1.2 0.4 0.0 2.7 -0 .1 - 0 .7 0.0 2.6 Index 45.2 49.0 57.1 72.8 78.3 82.4 81.0 88.1 97.6 100.0 89.6 89.5 94.1 94.9 98.4 102.9 106.7 109.7 111.6 120.6 131.0 127.7 134.2 140.6 145.7 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 8.4 16.5 27.5 7.6 5.2 - 1 .7 8.8 10.8 2.5 -1 0 .4 -0 .1 5.1 0.9 3.7 4.6 3.7 2.8 1.7 8.1 8.6 - 2 .5 5.1 4.8 3.6 99.6 98.0 100.0 100.9 107.9 96.5 96.9 95.4 98.0 100.0 100.2 100.2 102.4 99.1 98.8 98.4 99.6 99.5 99.5 96.3 97.3 98.0 97.8 96.7 98.6 - 1 .6 2.0 0.9 6.9 -1 0 .6 0.4 - 1 .5 2.7 2.0 0.2 0.0 2.2 - 3 .2 - 0 .3 - 0 .4 1.2 -0 .1 0.0 - 3 .2 1.0 0.7 - 0 .2 -1 .1 2.0 64.2 65.3 73.9 91.6 96.5 89.5 85.3 91.2 98.9 100.0 89.6 89.5 93.6 90.0 92.8 96.6 97.4 98.9 100.2 104.9 112.0 110.1 116.3 120.5 124.1 1.7 13.2 24.0 5.3 - 7 .3 - 4 .7 6.9 8.4 1.1 -1 0 .4 -0 .1 4.6 - 3 .8 3.1 4.1 0.8 1.5 1.3 4.7 6.8 - 1 .7 5.6 3.6 3.0 Table 23. U.S.-Germany comparisons: Electrical installation equipment and hardware U.S. export price index in dollars Germany export price index in deutsche marks Germany export price index in dollars Month Index 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 M arch............................................................................... June.................................................................................. September....................................................................... December........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... December........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber....................................................................... M arch............................................................................... 97.1 100.0 100.0 101.5 101.5 109.1 111.6 111.6 114.3 116.1 124.6 127.5 127.5 132.4 132.4 136.7 138.1 Percent change 3.0 0.0 1.5 0.0 7.5 2.3 0.0 2.4 1.6 7.3 2.3 0.0 3.8 0.0 3.2 1.0 Index 99.6 100.0 100.0 100.1 100.8 101.4 103.2 104.3 103.9 105.6 106.4 106.4 109.1 110.1 110.6 110.4 110.7 Percent change 0.4 0.0 0.1 0.7 0.6 1.8 1.1 - 0 .4 1.6 0.8 0.0 2.5 0.9 0.5 - 0 .2 0.3 Index 100.5 100.0 89.4 89.3 92.1 92.1 97.0 102.4 101.7 104.9 107.1 115.8 125.6 123.6 131.4 137.5 139.3 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change - 0 .5 -1 0 .6 -0 .1 3.1 0.0 5.3 5.6 - 0 .7 3.1 2.1 8.1 8.5 - 1 .6 6.3 4.6 1.3 102.6 100.0 100.0 98.6 99.3 92.9 92.5 93.5 90.9 91.0 85.4 83.5 85.6 83.2 83.5 80.8 80.2 - 2 .5 0.0 - 1 .4 0.7 - 6 .4 - 0 .4 1.1 - 2 .8 0.1 - 6 .2 - 2 .2 2.5 - 2 .8 0.4 - 3 .2 - 0 .7 103.5 100.0 89.4 88.0 90.7 84.4 86.9 91.8 89.0 90.4 86.0 90.8 98.5 93.4 99.2 100.6 100.9 - 3 .4 -1 0 .6 -1 .6 3.1 - 6 .9 3.0 5.6 -3 .1 1.6 - 4 .9 5.6 8.5 - 5 .2 6.2 1.4 0.3 Please see notes at end of tables. Table 24. U.S.-Germany comparisons: Electromechanical hand tools U.S. export price index in dollars Germany export price index in deutsche marks Germany export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... 81.1 82.0 83.4 85.2 85.9 89.0 94.5 95.8 99.9 100.0 103.6 105.2 106.9 109.4 110.3 110.3 114.4 115.7 116.6 117.4 124.1 125.0 128.8 128.8 134.8 Percent change 1.1 1.7 2.2 0.8 3.6 6.2 1.4 4.3 0.1 3.6 1.5 1.6 2.3 0.8 0.0 3.7 1.1 0.8 0.7 5.7 0.7 3.0 0.0 4.7 Please see notes at end of tables. 20 Index 71.6 77.7 79.6 83.8 90.4 90.4 90.7 92.8 98.9 100.0 101.0 101.0 102.1 104.2 104.9 105.8 107.5 108.2 108.8 108.8 109.6 108.6 109.3 109.3 108.8 Percent change 8.5 2.4 5.3 7.9 0.0 0.3 2.3 6.6 1.1 1.0 0.0 1.1 2.1 0.7 0.9 1.6 0.7 0.6 0.0 0.7 - 0 .9 0.6 0.0 - 0 .5 Index 46.1 51.8 58.8 76.1 80.8 83.8 79.7 88.6 99.8 100.0 90.3 90.2 93.4 94.6 98.6 104.0 105.2 107.5 109.6 118.4 126.2 122.0 129.9 136.1 136.8 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 12.4 13.5 29.4 6.2 3.7 - 4 .9 11.2 12.6 0.2 - 9 .7 -0 .1 3.5 1.3 4.2 5.5 1.2 2.2 2.0 8.0 6.6 - 3 .3 6.5 4.8 0.5 88.3 94.8 95.4 98.4 105.2 101.6 96.0 96.9 99.0 100.0 97.5 96.0 95.5 95.2 95.1 95.9 94.0 93.5 93.3 92.7 88.3 86.9 84.9 84.9 80.7 7.4 0.6 3.1 6.9 - 3 .4 - 5 .5 0.9 2.2 1.0 - 2 .5 - 1 .5 - 0 .5 - 0 .3 -0 .1 0.8 - 2 .0 - 0 .5 - 0 .2 - 0 .6 - 4 .7 - 1 .6 - 2 .3 0.0 - 4 .9 56.8 63.2 70.5 89.3 94.1 94.2 84.3 92.5 99.9 100.0 87.2 85.7 87.4 86.5 89.4 94.3 92.0 92.9 94.0 100.9 101.7 97.6 100.9 105.7 101.5 11.3 11.6 26.7 5.4 0.1 -1 0 .5 9.7 8.0 0.1 -1 2 .8 - 1 .7 2.0 - 1 .0 3.4 5.5 - 2 .4 1.0 1.2 7.3 0.8 - 4 .0 3.4 4.8 - 4 .0 Table 25. U.S.-Germany comparisons: Electric space heating and cooling equipment, and electrothermal appliances U.S. export price index in dollars Germany export price index in deutsche marks Germany export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... December........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch........................................ ...................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... 1978 1978 1978 1978 1979 M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... 83.7 84.9 85.7 84.3 86.0 90.9 98.0 100.6 100.5 100.0 100.0 99.5 100.6 101.0 103.2 103.2 104.1 106.2 106.0 107.3 109.9 110.0 112.7 113.3 115.1 Percent change 1.4 0.9 -1 .6 2.0 5.7 7.8 2.7 -0 .1 - 0 .5 0.0 - 0 .5 1.1 0.4 2.2 0.0 0.9 2.0 - 0 .2 1.2 2.4 0.1 2.5 0.5 1.6 Index 76.6 81.7 85.3 87.2 90.7 92.4 95.0 95.0 98.5 100.0 100.5 100.8 102.0 103.7 103.6 103.7 104.9 105.5 105.7 105.7 106.0 106.3 106.9 107.0 107.2 Percent change 6.7 4.4 2.2 4.0 1.9 2.8 0.0 3.7 1.5 0.5 0.3 1.2 1.7 -0 .1 0.1 1.2 0.6 0.2 0.0 0.3 0.3 0.6 0.1 0.2 Index 49.4 54.4 63.0 79.1 81.1 85.6 83.5 90.7 99.4 100.0 89.8 90.0 93.2 94.1 97.4 101.8 102.6 104.8 106.4 115.0 122.0 119.3 127.0 133.3 134.8 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 10.1 15.8 25.6 2.5 5.5 - 2 .5 8.6 9.6 0.6 -1 0 .2 0.2 3.6 1.0 3.5 4.5 0.8 2.1 1.5 8.1 6.1 - 2 .2 6.5 5.0 1.1 91.5 96.2 99.5 103.4 105.5 101.7 96.9 94.4 98.0 100.0 100.5 101.3 101.4 102.7 100.4 100.5 100.8 99.3 99.7 98.5 96.5 96.6 94.9 94.4 93.1 5.1 3.4 3.9 2.0 - 3 .6 - 4 .7 - 2 .6 3.8 2.0 0.5 0.8 0.1 1.3 - 2 .2 0.1 0.3 - 1 .5 0.4 - 1 .2 - 2 .0 0.1 - 1 .8 - 0 .5 - 1 .4 59.0 64.1 73.5 93.8 94.3 94.2 85.2 90.2 98.9 100.0 89.8 90.5 92.6 93.2 94.4 98.6 98.6 98.7 100.4 107.2 111.0 108.5 112.7 117.7 117.1 8.6 14.7 27.6 0.5 -0 .1 - 9 .6 5.9 9.6 1.1 -1 0 .2 0.8 2.3 0.6 1.3 4.4 0.0 0.1 1.7 6.8 3.5 - 2 .3 3.9 4.4 - 0 .5 Please see notes at end of tables. Table 26. U.S.-Germany comparisons: Electromechanical appliances, except heating appliances U.S. export price index in dollars Germany export price index in deutsche marks Germany export price index in dollars Month Index 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... December........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... 85.6 89.3 93.9 96.9 98.8 100.0 99.8 100.4 102.3 105.6 105.9 106.0 109.2 110.6 114.4 115.2 119.3 120.6 120.9 121.9 126.1 Percent change 4.3 5.2 3.2 2.0 1.2 - 0 .2 0.6 1.9 3.2 0.3 0.1 3.0 1.3 3.4 0.7 3.6 1.1 0.2 0.8 3.4 Please see notes at end of tables. 21 Index 92.3 92.9 95.3 97.6 99.8 100.0 100.8 101.4 103.5 103.9 103.9 103.3 105.0 105.0 105.3 104.9 105.8 105.8 105.4 105.5 107.4 Percent change 0.7 2.6 2.4 2.3 0.2 0.8 0.6 2.1 0.4 0.0 - 0 .6 1.6 0.0 0.3 - 0 .4 0.9 0.0 - 0 .4 0.1 1.8 Index 82.5 86.1 83.8 93.2 100.8 100.0 90.1 90.5 94.6 94.4 97.7 101.5 102.7 104.3 106.1 114.2 121.8 118.8 125.3 131.4 135.1 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 4.4 - 2 .7 11.2 8.2 - 0 .8 - 9 .9 0.4 4.5 - 0 .2 3.5 3.9 1.2 1.6 1.7 7.6 6.7 - 2 .5 5.5 4.9 2.8 107.8 104.0 101.5 100.7 101.0 100.0 101.0 101.0 101.2 98.4 98.1 97.5 96.2 94.9 92.0 91.1 88.7 87.7 87.2 86.5 85.2 - 3 .5 - 2 .4 - 0 .8 0.3 - 1 .0 1.0 0.0 0.2 - 2 .8 - 0 .3 - 0 .6 - 1 .3 - 1 .4 -3 .1 - 1 .0 - 2 .6 -1 .1 - 0 .6 - 0 .8 - 1 .5 96.4 96.4 89.2 96.2 102.0 100.0 90.3 90.1 92.5 89.4 92.3 95.8 94.0 94.3 92.7 99.1 102.1 98.5 103.6 107.8 107.1 0.0 - 7 .5 7.8 6.0 - 2 .0 - 9 .7 - 0 .2 2.7 - 3 .4 3.2 3.8 - 1 .9 0.3 - 1 .7 6.9 3.0 - 3 .5 5.2 4.1 - 0 .6 Table 27. U.S.-Germany comparisons: Electric household refrigerators and freezers U.S. export price index in dollars Germany export price index in deutsche marks Germany export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber....................................................................... M arch............................................................................... June.................................................................................. September...................................................................... Decem ber....................................................................... M arch.............................................................................. June................................................................................. September...................................................................... Decem ber....................................................................... M arch.............................................................................. 78.9 83.9 83.4 82.5 85.3 88.6 96.5 97.5 97.5 100.0 100.3 101.3 101.7 101.7 103.8 104.5 106.5 107.5 111.4 111.9 112.8 113.1 114.8 115.5 118.0 Percent change 6.3 - 0 .6 -1 .1 3.4 3.9 8.9 1.0 0.0 2.6 0.3 1.0 0.4 0.0 2.1 0.7 1.9 0.9 3.6 0.4 0.8 0.3 1.5 0.6 2.2 Index 77.2 78.4 77.6 79.0 85.0 89.5 94.1 95.8 99.6 100.0 97.9 97.9 98.9 99.3 99.0 98.3 101.0 101.8 101.0 98.8 98.2 97.4 98.7 99.0 99.4 Percent change 1.6 - 1 .0 1.8 7.6 5.3 5.1 1.8 4.0 0.4 -2 .1 0.0 1.0 0.4 - 0 .3 - 0 .7 2.7 0.8 - 0 .8 - 2 .2 - 0 .6 - 0 .8 1.3 0.3 0.4 Index 49.7 52.3 57.3 71.7 76.0 82.9 82.7 91.5 100.5 100.0 87.5 87.4 90.4 90.2 93.1 96.5 98.9 101.1 101.7 107.5 113.0 109.4 117.3 123.3 125.0 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 5.2 9.6 25.1 6.0 9.1 - 0 .2 10.6 9.8 - 0 .5 -1 2 .5 -0 .1 3.4 -0 .2 3.2 3.7 2.5 2.2 0.6 5.7 5.1 - 3 .2 7.2 5.1 1.4 97.8 93.4 93.0 95.8 99.6 101.0 97.5 98.3 102.2 100.0 97.6 96.6 ' 97.2 97.6 95.4 94.1 94.8 94.7 90.7 88.3 87.1 86.1 86.0 85.7 84.2 - 4 .5 - 0 .4 3.0 4.0 1.4 - 3 .5 0.8 4.0 - 2 .2 - 2 .4 - 1 .0 0.6 0.4 - 2 .3 - 1 .4 0.7 -0 .1 - 4 .2 - 2 .6 - 1 .4 -1 .1 -0 .1 - 0 .3 - 1 .8 63.0 62.3 68.7 86.9 89.1 93.6 85.7 93.8 103.1 100.0 87.2 86.3 88.9 88.7 89.7 92.3 92.9 94.0 91.3 96.1 100.2 96.7 102.2 106.8 105.9 -1 .1 10.3 26.5 2.5 5.1 -8 .4 9.5 9.9 -3 .0 -1 2 .8 - 1 .0 3.0 -0 .2 1.1 2.9 0.7 1.2 - 2 .9 5.3 4.3 - 3 .5 5.7 4.5 - 0 .8 Please see notes at end of tables. Table 28. U.S.-Germany comparisons: Telecommunications equipment U.S. export price index in dollars Germany export price index in deutsche marks Germany export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch.............................................................................. June.................................................................................. September...................................................................... Decem ber....................................................................... M arch.............................................................................. 84.4 85.6 87.6 89.9 92.4 93.5 96.4 98.5 98.7 100.0 99.8 101.4 103.2 103.3 104.9 105.6 105.8 106.2 108.3 109.8 110.6 110.9 114.5 116.1 117.8 Percent change 1.4 2.3 2.6 2.8 1.2 3.1 2.2 0.2 1.3 - 0 .2 1.6 1.8 0.1 1.5 0.7 0.2 0.4 2.0 1.4 0.7 0.3 3.2 1.4 1.5 Please see notes at end of tables. 22 Index 83.3 87.3 89.2 88.5 94.6 95.0 93.7 96.6 96.8 100.0 101.6 103.1 103.4 103.5 104.0 104.0 102.0 102.4 102.4 102.4 105.0 105.8 105.8 105.3 106.7 Percent change 4.8 2.2 -0 .8 6.9 0.4 - 1 .4 3.1 0.2 3.3 1.6 1.5 0.3 0.1 0.5 0.0 - 1 .9 0.4 0.0 0.0 2.5 0.8 0.0 - 0 .5 1.3 Index 53.7 58.2 65.9 80.3 84.6 88.0 82.4 92.2 97.7 100.0 90.8 92.1 94.6 94.0 97.7 102.1 99.8 101.7 103.1 111.4 120.9 118.8 125.7 131.2 134.3 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 8.4 13.2 21.9 5.4 4.0 - 6 .4 11.9 6.0 2.4 - 9 .2 1.4 2.7 - 0 .6 3.9 4.5 - 2 .3 1.9 1.4 8.1 8.5 - 1 .7 5.8 4.4 2.4 98.7 102.0 101.8 98.4 102.4 101.6 97.2 98.1 98.1 100.0 101.8 101.7 100.2 100.2 99.1 98.5 96.4 96.4 94.6 93.3 94.9 95.4 92.4 90.7 90.6 3.3 - 0 .2 - 3 .3 4.1 - 0 .8 - 4 .3 0.9 0.0 1.9 1.8 -0 .1 - 1 .5 0.0 -1 .1 - 0 .6 -2 .1 0.0 - 1 .9 - 1 .4 1.7 0.5 -3 .1 - 1 .8 -0 .1 63.6 68.0 75.2 89.3 91.6 94.1 85.5 93.6 99.0 100.0 91.0 90.8 91.7 91.0 93.1 96.7 94.3 95.8 95.2 101.5 109.3 107.1 109.8 113.0 114.0 6.9 10.6 18.7 2.6 2.7 -9 .1 9.5 5.8 1.0 - 9 .0 - 0 .2 1.0 - 0 .8 2.3 3.9 - 2 .5 1.6 -0 .6 6.6 7.7 - 2 .0 2.5 2.9 0.9 Table 29. U.S.-Germany comparisons: Electron tubes and parts U.S. export price index in dollars Germany export price index in deutsche marks Germany export price index in dollars Month Index 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... 96.3 100.0 100.6 100.6 106.1 106.0 110.1 110.0 114.2 116.6 120.1 119.7 122.1 124.7 125.6 129.0 138.1 Percent change 3.8 0.6 0.0 5.5 -0 .1 3.9 -0 .1 3.8 2.1 3.0 - 0 .3 2.0 2.1 0.7 2.7 7.1 Index 98.9 100.0 100.2 96.5 97.5 96.6 97.2 96.2 94.1 95.2 93.6 92.8 90.7 90.2 90.0 90.0 88.4 Percent change 1.1 0.2 - 3 .7 1.0 - 0 .9 0.6 - 1 .0 - 2 .2 1.2 - 1 .7 - 0 .9 - 2 .3 - 0 .6 - 0 .2 0.0 - 1 .8 Index 99.8 100.0 89.6 86.1 89.2 87.7 91.4 94.5 92.1 94.6 94.3 100.9 104.4 101.3 106.9 112.0 111.2 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 0.2 -1 0 .4 - 3 .9 3.6 - 1 .7 4.2 3.4 - 2 .5 2.7 - 0 .3 7.0 3.5 - 3 .0 5.5 4.8 -0 .7 102.7 100.0 99.6 95.9 91.9 91.1 88.3 87.5 82.4 81.6 77.9 77.5 74.3 72.3 71.7 69.8 64.0 - 2 .6 - 0 .4 - 3 .7 - 4 .2 - 0 .9 -3 .1 - 0 .9 - 5 .8 -1 .0 - 4 .5 - 0 .5 -4 .1 - 2 .7 - 0 .8 - 2 .6 - 8 .3 103.6 100.0 89.1 85.6 84.1 82.7 83.0 85.9 80.6 81.1 78.5 84.3 85.5 81.2 85.1 86.8 80.5 - 3 .5 -1 0 .9 - 3 .9 - 1 .8 - 1 .7 0.4 3.5 - 6 .2 0.6 -3 .2 7.4 1.4 - 5 .0 4.8 2.0 - 7 .3 Please see notes at end of tables. Table 30. U.S.-Germany comparisons: Electronic components (resistors, capacitors, etc.), except electron tubes U.S. export price index in dollars Germany export price index in deutsche marks Germany export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... 1977 1977 1978 1978 1978 1978 1979 September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... 85.9 84.9 80.7 85.4 92.6 94.0 96.8 98.0 98.0 100.0 98.8 98.5 99.4 98.7 98.2 97.8 99.4 99.3 99.8 99.8 99.7 100.6 98.9 100.1 103.3 Percent change - 1 .2 - 4 .9 5.8 8.4 1.5 3.0 1.2 0.0 2.0 - 1 .2 - 0 .3 0.9 - 0 .7 - 0 .5 - 0 .4 1.6 -0 .1 0.5 0.0 -0 .1 0.9 - 1 .7 1.2 3.2 Please see notes at end of tables. 23 Index 92.1 90.1 88.2 88.7 100.2 100.4 100.6 101.8 101.6 100.0 97.3 98.0 98.7 98.5 98.7 100.8 101.1 100.7 97.4 97.4 96.5 96.6 96.4 96.6 95.7 Percent change - 2 .2 -2 .1 0.6 13.0 0.2 0.2 1.2 - 0 .2 - 1 .6 - 2 .7 0.7 0.7 - 0 .2 0.2 2.1 0.3 —0.4 - 3 .3 0.0 - 0 .9 0.1 - 0 .2 0.2 - 0 .9 Index 59.4 60.1 65.2 80.5 89.6 93.0 88.5 97.3 102.5 100.0 86.9 87.5 90.3 89.5 92.8 99.0 98.9 100.1 98.1 106.0 111.1 108.5 114.6 120.3 120.4 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 1.2 8.5 23.5 11.3 3.8 - 4 .8 9.9 5.3 - 2 .4 -1 3 .1 0.7 3.2 - 0 .9 3.7 6.7 -0 .1 1.2 - 2 .0 8.1 4.8 - 2 .3 5.6 5.0 0.1 107.2 106.1 109.3 103.9 108.2 106.8 103.9 103.9 103.7 100.0 98.5 99.5 99.3 99.8 100.5 103.1 101.7 101.4 97.6 97.6 96.8 96.0 97.5 96.5 92.6 - 1 .0 3.0 - 4 .9 4.1 - 1 .3 - 2 .7 0.0 - 0 .2 - 3 .6 - 1 .5 1.0 - 0 .2 0.5 0.7 2.6 - 1 .4 0.3 - 3 .7 0.0 - 0 .8 - 0 .8 1.6 - 1 .0 - 4 .0 69.2 70.8 80.8 94.3 96.8 98.9 91.4 99.3 104.6 100.0 88.0 88.8 90.8 90.7 94.5 101.2 99.5 100.8 98.3 106.2 111.4 107.9 115.9 120.2 116.6 2.3 14.1 16.7 2.7 2.2 - 7 .6 8.6 5.3 - 4 .4 -1 2 .0 0.9 2.3 -0 .1 4.2 7.1 - 1 .7 1.3 - 2 .5 8.0 4.9 -3 .1 7.4 37 - 3 .0 Table 31. U.S.-Germany comparisons: Electrical measuring instruments U.S. export price index in dollars Germany export price index in deutsche marks Germany export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber....................................................................... M arch.............................................................................. June................................................................................. September...................................................................... Decem ber....................................................................... M arch.............................................................................. June................................................................................. September...................................................................... Decem ber....................................................................... M arch.............................................................................. June................................................................................. September...................................................................... Decem ber....................................................................... M arch.............................................................................. 80.1 82.6 84.3 86.6 88.4 91.2 94.4 95.3 99.0 100.0 100.4 101.5 102.7 105.0 105.9 106.6 108.7 109.5 111.2 112.1 115.0 116.6 118.9 121.3 125.0 Percent change 3.1 2.1 2.7 2.1 3.2 3.5 1.0 3.9 1.0 0.4 1.1 1.2 2.2 0.9 0.7 2.0 0.7 1.6 0.8 2.6 1.4 2.0 2.0 3.1 Index 77.7 81.0 83.3 88.0 92.8 92.8 95.2 95.3 95.9 100.0 100.0 100.0 101.3 104.4 104.7 104.7 107.6 109.0 109.0 108.3 109.5 112.6 112.3 113.5 114.0 Percent change 4.2 2.8 5.6 5.5 0.0 2.6 0.1 0.6 4.3 0.0 0.0 1.3 3.1 0.3 0.0 2.8 1.3 0.0 - 0 .6 1.1 2.8 - 0 .3 1.1 0.4 Index 50.0 54.0 61.5 79.9 83.0 86.1 83.7 91.0 96.8 100.0 89.4 89.3 92.6 94.8 98.4 102.8 105.3 108.3 109.8 117.9 126.0 126.5 133.5 141.3 143.4 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 8.0 13.9 29.9 3.9 3.7 - 2 .8 8.7 6.4 3.3 -1 0 .6 -0 .1 3.7 2.4 3.8 4.5 2.4 2.8 1.4 7.4 6.9 0.4 5.5 5.8 1.5 97.0 98.1 98.8 101.6 105.0 101.8 100.8 100.0 96.9 100.0 99.6 98.5 98.6 99.4 98.9 98.2 99.0 99.5 98.0 96.6 95.2 96.6 94.4 93.6 91.2 1.1 0.7 2.8 3.3 - 3 .0 - 1 .0 - 0 .8 -3 .1 3.2 - 0 .4 -1 .1 0.1 0.8 - 0 .5 - 0 .7 0.8 0.5 - 1 .5 - 1 .4 - 1 .4 1.5 - 2 .3 - 0 .8 - 2 .6 62.4 65.4 73.0 92.3 93.9 94.4 88.7 95.5 97.8 100.0 89.0 88.0 90.2 90.3 92.9 96.4 96.9 98.9 98.7 105.2 109.6 108.5 112.3 116.5 114.7 4.8 11.6 26.4 1.7 0.5 - 6 .0 7.7 2.4 2.2 -1 1 .0 -1 .1 2.5 0.1 2.9 3.8 0.5 2.1 - 0 .2 6.6 4.2 - 1 .0 3.5 3.7 - 1 .5 Please see notes at end of tables. Table 32. U.S.-Germany comparisons: Electrical controlling devices U.S. export price index in dollars Germany export price index in deutsche marks Germany export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... 73.2 76.9 81.4 86.4 89.2 92.8 95.3 96.1 98.7 100.0 100.8 102.7 104.0 106.4 110.4 112.8 114.2 115.9 117.9 120.5 122.5 125.0 126.5 127.2 129.8 Percent change 5.1 5.9 6.1 3.2 4.0 2.7 0.8 2.7 1.3 0.8 1.9 1.3 2.3 3.8 2.2 1.2 1.5 1.7 2.2 1.7 2.0 1.2 0.6 2.0 Please see notes at end of tables. 24 Index 80.3 80.4 83.1 85.2 90.2 90.2 93.9 94.1 98.2 100.0 100.0 100.0 102.2 104.1 103.5 103.5 108.7 109.4 109.4 109.4 112.0 112.8 112.8 112.9 115.8 Percent change 0.1 3.4 2.5 5.9 0.0 4.1 0.2 4.4 1.8 0.0 0.0 2.2 1.9 - 0 .6 0.0 5.0 0.6 0.0 0.0 2.4 0.7 0.0 0.1 2.6 Index 51.7 53.6 61.4 77.3 80.7 83.6 82.6 89.9 99.1 100.0 89.4 89.3 93.5 94.5 97.3 101.6 106.4 108.7 110.2 119.1 129.0 126.7 134.1 140.6 145.7 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 3.7 14.6 25.9 4.4 3.6 - 1 .2 8.8 10.2 0.9 -1 0 .6 -0 .1 4.7 1.1 3.0 4.4 4.7 2.2 1.4 8.1 8.3 - 1 .8 5.8 4.8 3.6 109.7 104.6 102.1 98.6 101.1 97.2 98.5 97.9 99.5 100.0 99.2 97.4 98.3 97.8 93.8 91.8 95.2 94.4 92.8 90.8 91.4 90.2 89.2 88.8 89.2 - 4 .6 - 2 .4 - 3 .4 2.5 - 3 .9 1.3 - 0 .6 1.6 0.5 - 0 .8 - 1 .8 0.9 - 0 .5 -4 .1 -2 .1 3.7 - 0 .8 - 1 .7 - 2 .2 0.7 - 1 .3 -1 .1 - 0 .4 0.5 70.6 69.7 75.4 89.5 90.5 90.1 86.7 93.5 100.4 100.0 88.7 87.0 89.9 88.8 88.1 90.1 93.2 93.8 93.5 98.8 105.3 101.4 106.0 110.5 112.2 - 1 .3 8.2 18.7 1.1 -0 .4 - 3 .8 7.8 7.4 - 0 .4 -1 1 .3 - 1 .9 3.3 - 1 .2 - 0 .8 2.3 3.4 0.6 - 0 .3 5.7 6.6 - 3 .7 4.5 4.2 1.5 Table 33. U.S.-Germany comparisons: Electromedical apparatus U.S. export price index in dollars Germany export price index in deutsche marks Germany export price index in dollars Month Index 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... 100.0 100.0 100.0 104.6 118.1 118.1 118.1 125.5 121.7 124.0 124.0 124.9 124.6 124.5 126.1 127.3 Percent change 0.0 0.0 4.6 12.9 0.0 0.0 6.3 - 3 .0 1.9 0.0 0.7 - 0 .2 -0 .1 1.3 1.0 Index 100.0 100.9 101.3 104.0 104.0 107.8 107.4 110.2 113.2 113.2 112.5 112.8 110.5 109.8 110.2 114.4 Percent change 0.9 0.4 2.7 0.0 3.7 - 0 .4 2.6 2.7 0.0 - 0 .6 0.3 - 2 .0 - 0 .6 0.4 3.8 Index 100.0 90.2 90.5 95.1 94.5 101.3 105.5 107.9 112.5 114.0 122.5 129.9 124.1 130.5 137.2 144.0 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change - 9 .8 0.3 5.1 - 0 .6 7.2 4.1 2.3 4.3 1.3 7.5 6.0 - 4 .5 5.2 5.1 5.0 100.0 100.9 101.3 99.4 88.1 91.3 90.9 87.8 93.0 91.3 90.7 90.3 88.7 88.2 87.4 89.9 0.9 0.4 - 1 .9 -1 1 .4 3.6 - 0 .4 - 3 .4 5.9 - 1 .8 - 0 .7 - 0 .4 - 1 .8 - 0 .6 - 0 .9 2.9 100.0 90.2 90.5 90.9 80.0 85.8 89.3 86.0 92.4 91.9 98.8 104.0 99.6 104.8 108.8 113.1 - 9 .8 0.3 0.4 -1 2 .0 7.2 4.1 - 3 .7 7.4 - 0 .5 7.5 5.3 - 4 .2 5.2 3.8 4.0 Please see notes at end of tables. Table 34. U.S.-Germany comparisons: Electrical equipment and accessories for motor vehicles U.S. export price index in dollars Germany export price index in deutsche marks Germany export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... December........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. Septem ber....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. 1977 1978 1978 1978 Decem ber........................................................................ M arch............................................................................... June.................................................................................. September...................................................................... 1979 M arch.............................................................................. 63.4 72.1 73.6 83.6 87.1 96.7 97.6 98.3 99.9 100.0 105.2 105.1 106.1 109.9 109.5 109.3 118.0 121.8 125.6 126.5 133.8 134.4 135.6 137.7 145.4 Percent change 13.7 2.1 13.6 4.2 11.0 0.9 0.7 1.6 0.1 5.2 -0 .1 1.0 3.6 - 0 .4 - 0 .2 8.0 3.2 3.1 0.7 5.8 0.4 0.9 1.5 5.6 Please see notes at end of tables. 25 Index 75.8 79.5 80.9 81.9 85.7 89.5 89.5 89.5 99.6 100.0 99.6 99.5 100.0 102.9 102.9 102.8 104.2 104.8 105.0 105.0 107.1 106.8 106.8 106.8 109.5 Percent change 4.9 1.8 1.2 4.6 4.4 0.0 0.0 11.3 0.4 - 0 .4 -0 .1 0.5 2.9 0.0 -0 .1 1.4 0.6 0.2 0.0 2.0 - 0 .3 0.0 0.0 2.5 Index 48.8 53.0 59.7 74.3 76.7 83.0 78.7 85.5 100.5 100.0 89.0 88.9 91.4 93.4 96.7 101.0 101.9 104.1 105.8 114.3 123.2 120.0 127.0 133.1 137.7 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 8.6 12.6 24.5 3.2 8.2 - 5 .2 8.6 17.5 - 0 .5 -1 1 .0 -0 .1 2.8 2.2 3.5 4.4 0.9 2.2 1.6 8.0 7.8 -2 .6 5.8 4.8 3.5 119.6 110.3 109.9 98.0 98.4 92.6 91.7 91.0 99.7 100.0 94.7 94.7 94.3 93.6 94.0 94.1 88.3 86.0 83.6 83.0 80.0 79.5 78.8 77.6 75.3 - 7 .8 - 0 .4 -1 0 .8 0.4 - 5 .9 - 1 .0 - 0 .8 9.6 0.3 - 5 .3 0.0 - 0 .4 - 0 .7 0.4 0.1 - 6 .2 - 2 .6 - 2 .8 - 0 .7 - 3 .6 - 0 .6 - 0 .9 - 1 .5 - 3 .0 77.0 73.5 81.1 88.9 88.1 85.8 80.6 87.0 100.6 100.0 84.6 84.6 86.1 85.0 88.3 92.4 86.4 85.5 84.2 90.4 92.1 89.3 93.7 96.7 94.7 - 4 .5 10.3 9.6 - 0 .9 - 2 .6 -6 .1 7.9 15.6 - 0 .6 -1 5 .4 0.0 1.8 - 1 .3 3.9 4.6 - 6 .5 - 1 .0 - 1 .5 7.4 1.9 - 3 .0 4.9 3.2 -2 .1 Table 35. U.S.-Japan comparisons: Electric motors, not over 20 hp U.S. export price index in dollars Japan export price index in yen Japan export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September...................................................................... Decem ber....................................................................... M arch............................................................................... June.................................................................................. September...................................................................... Decem ber....................................................................... M arch.............................................................................. June................................................................................. Septem ber...................................................................... Decem ber....................................................................... M arch.............................................................................. June................................................................................. September...................................................................... Decem ber....................................................................... M arch.............................................................................. 71.0 70.8 74.1 79.0 83.9 87.3 92.3 93.4 94.5 100.0 101.3 104.3 105.2 106.3 109.0 110.3 112.9 110.9 112.0 111.4 114.1 118.8 118.4 124.9 129.8 Percent change - 0 .3 4.7 6.6 6.2 4.1 5.7 1.2 1.2 5.8 1.3 3.0 0.9 1.0 2.5 1.2 2.4 - 1 .8 1.0 - 0 .5 2.4 4.1 - 0 .3 5.5 3.9 Index 71.6 70.4 67.7 72.1 107.3 107.4 111.3 111.3 106.0 100.0 99.3 101.4 103.2 102.8 102.1 102.8 98.8 93.3 91.4 86.4 85.9 80.8 69.3 75.0 75.9 Percent change - 1 .7 - 3 .8 6.5 48.8 0.1 3.6 0.0 - 4 .8 - 5 .7 - 0 .7 2.1 1.8 - 0 .4 - 0 .7 0.7 - 3 .9 - 5 .6 - 2 .0 - 5 .5 - 0 .6 - 5 .9 -1 4 .2 8.2 1.2 Index 58.6 57.8 65.7 79.9 111.6 111.3 109.2 108.7 108.1 100.0 97.2 97.4 100.7 100.8 104.3 102.3 103.4 100.4 100.5 105.2 108.7 110.8 107.1 112.4 108.0 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change - 1 .4 13.7 21.6 39.7 - 0 .3 -1 .9 - 0 .5 - 0 .6 - 7 .5 - 2 .8 0.2 3.4 0.1 3.5 - 1 .9 1.1 - 2 .9 0.1 4.7 3.3 1.9 - 3 .3 4.9 - 3 .9 100.8 99.4 91.4 91.3 127.9 123.0 120.6 119.2 112.2 100.0 98.0 97.2 98.1 96.7 93.7 93.2 87.5 84.1 81.6 77.6 75.3 68.0 58.5 60.0 58.5 - 1 .4 - 8 .0 -0 .1 40.1 - 3 .8 - 2 .0 - 1 .2 - 5 .9 -1 0 .9 - 2 .0 - 0 .8 0.9 - 1 .4 -3 .1 - 0 .5 -6 .1 - 3 .9 - 3 .0 - 4 .9 - 3 .0 - 9 .7 -1 4 .0 2.6 - 2 .5 82.5 81.6 88.7 101.1 133.0 127.5 118.3 116.4 114.4 100.0 96.0 93.4 95.7 94.8 95.7 92.7 91.6 90.5 89.7 94.4 95.3 93.3 90.5 90.0 83.2 -1 .1 8.7 14.0 31.6 -4 .1 -7 .2 -1 .6 -1 .7 - 1 2 .6 - 4 .0 - 2 .7 2.5 - 0 .9 0.9 -3 .1 -1 .2 - 1 .2 - 0 .9 5.2 1.0 -2 .1 - 3 .0 - 0 .6 - 7 .6 Please see notes at end of tables. Table 36. U.S.-Japan comparisons: Electric switches U.S. export price index in dollars Japan export price index in yen Japan export price index in dollars Month Index 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... December........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... 93.9 100.0 102.8 105.2 108.1 109.9 112.9 115.0 115.0 118.9 118.9 118.5 120.0 Percent change 6.5 2.8 2.3 2.8 1.7 2.7 1.9 0.0 3.4 0.0 - 0 .3 1.3 Please see notes at end of tables. 26 Index 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 97.5 97.5 Percent change 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 - 2 .5 0.0 Index 99.6 100.0 104.1 101.5 106.8 109.7 112.2 124.1 129.1 139.9 157.5 148.9 141.4 Ratio of export price indexes in national currencies Percent change Ratio x 100 0.4 4.1 - 2 .5 5.2 2.7 2.3 10.6 4.0 8.4 12.6 - 5 .5 - 5 .0 106.5 100.0 97.3 95.1 92.5 91.0 88.6 87.0 87.0 84.1 84.1 82.3 81.3 Percent change -6 .1 - 2 .7 - 2 .3 - 2 .7 - 1 .6 - 2 .6 - 1 .8 0.0 - 3 .3 0.0 -2 .1 - 1 .2 Ratio of export price indexes in dollars Ratio x 100 Percent change 106.1 100.0 101.3 96.5 98.8 99.8 99.4 107.9 112.3 117.7 132.5 125.7 117.8 - 5 .7 1.3 - 4 .7 2.4 1.0 - 0 .4 8.6 4.1 4.8 12.6 -5 .1 - 6 .3 ( Table 37. U.S.-Japan comparisons: Rectifiers and rectifying apparatus U.S. export price index in dollars Japan export price index in yen Japan export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... Percent change 91.9 89.1 91.6 86.3 91.2 94.4 94.6 95.1 96.8 100.0 101.0 100.7 99.8 104.0 102.5 102.5 108.7 109.9 111.5 110.4 112.6 115.3 115.7 118.0 119.2 - 3 .0 2.8 - 5 .8 5.7 3.5 0.2 0.5 1.8 3.3 1.0 - 0 .3 - 0 .9 4.2 - 1 .4 0.0 6.0 1.1 1.5 - 1 .0 2.0 2.4 0.3 2.0 1.0 Index 125.1 119.8 100.8 99.9 99.9 99.9 99.9 99.9 100.0 100.0 92.7 92.7 92.7 94.1 94.1 93.6 90.2 90.2 90.2 87.4 87.4 87.4 75.2 75.8 75.2 Percent change - 4 .2 -1 5 .9 -0 .9 0.0 0.0 0.0 0.0 0.1 0.0 - 7 .3 0.0 0.0 1.5 0.0 - 0 .5 - 3 .6 0.0 0.0 -3 .1 0.0 0.0 -1 4 .0 0.8 - 0 .8 Index 102.3 98.4 97.8 110.8 103.9 103.6 98.0 97.6 101.9 100.0 90.7 89.0 90.5 92.3 96.1 93.2 94.5 97.1 99.3 106.4 110.7 119.9 116.2 113.5 107.0 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change - 3 .8 - 0 .6 13.3 - 6 .2 - 0 .3 - 5 .4 - 0 .4 4.4 -1 .9 - 9 .3 - 1 .9 1.7 2.0 4.1 - 3 .0 1.4 2.8 2.3 7.2 4.0 8.3 -3 .1 - 2 .3 - 5 .7 136.1 134.5 110.0 115.8 109.5 105.8 105.6 105.0 103.3 100.0 91.8 92.1 92.9 90.5 91.8 91.3 83.0 82.1 80.9 79.2 77.6 75.8 65.0 64.2 63.1 - 1 .2 -1 8 .2 5.3 - 5 .4 - 3 .4 - 0 .2 - 0 .6 - 1 .6 - 3 .2 - 8 .2 0.3 0.9 - 2 .6 1.4 - 0 .5 -9 .1 -1 .1 - 1 .5 -2 .1 - 2 .0 - 2 .3 -1 4 .2 - 1 .2 - 1 .7 111.3 110.4 106.8 128.4 113.9 109.7 103.6 102.6 105.3 100.0 89.8 88.4 90.7 88.8 93.8 90.9 86.9 88.4 89.1 96.4 98.3 104.0 100.4 96.2 89.8 - 0 .8 - 3 .3 20.2 -1 1 .3 - 3 .7 - 5 .6 - 1 .0 2.6 -5 .0 -1 0 .2 - 1 .6 2.6 -2 .1 5.6 -3 .1 - 4 .4 1.7 0.8 8.2 2.0 5.8 - 3 .5 - 4 .2 - 6 .7 Please see notes at end of tables. Table 38. U.S.-Japan comparisons: Room air-conditioners, window and wall types U.S. export price index in dollars Japan export price index in yen Japan export price index in dollars Month Index 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... Percent change 100.0 99.2 98.6 98.6 99.1 103.9 103.9 104.5 108.1 108.1 111.4 111.8 111.8 116.5 116.8 120.5 - 0 .8 - 0 .6 0.0 0.5 4.8 0.0 0.6 3.4 0.0 3.1 0.4 0.0 4.2 0.3 3.2 Please see notes at end of tables. 27 Index 100.0 100.0 100.0 100.0 100.0 93.4 93.1 93.1 93.1 94.1 95.8 101.3 94.6 96.8 87.7 88.4 Percent change 0.0 0.0 0.0 0.0 - 6 .6 - 0 .3 0.0 0.0 1.1 1.8 5.7 -6 .6 2.3 - 9 .4 0.8 Index 100.0 97.9 96.0 97.7 98.1 95.4 92.7 97.5 100.1 103.5 116.6 128.3 129.8 149.6 131.4 125.7 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change -2 .1 - 1 .9 1.8 0.4 - 2 .8 - 2 .8 5.2 2.7 3.4 12.7 10.0 1.2 15.3 -1 2 .2 - 4 .3 100.0 100.8 101.4 101.4 100.9 89.9 89.6 89.1 86.1 87.0 86.0 90.6 84.6 83.1 75.1 73.4 0.8 0.6 0.0 - 0 .5 -1 0 .9 - 0 .3 - 0 .6 - 3 .4 1.0 -1 .1 5.3 - 6 .6 - 1 .8 - 9 .6 - 2 .3 100.0 98.7 97.4 99.1 99.0 91.8 89.2 93.3 92.6 95.7 104.7 114.8 116.1 128.4 112.5 104.3 - 1 .3 - 1 .3 1.7 -0 .1 - 7 .3 - 2 .8 4.6 - 0 .8 3.3 9.4 9.6 1.1 10.6 -1 2 .4 - 7 .3 Table 39. U.S.-Japan comparisons: Transistors U.S. export price index in dollars Japan export price index in yen Japan export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... 165.7 140.0 133.7 141.3 121.0 119.2 121.9 119.0 105.9 100.0 100.0 101.4 101.1 91.1 86.7 84.7 88.4 87.8 90.9 87.2 87.2 87.2 89.3 92.6 92.6 Percent change -1 5 .5 - 4 .5 5.7 -1 4 .4 - 1 .5 2.3 - 2 .4 -1 1 .0 - 5 .6 0.0 1.4 - 0 .3 - 9 .9 - 4 .8 - 2 .3 4.4 - 0 .7 3.5 -4 .1 0.0 0.0 2.4 3.7 0.0 Index 92.8 92.8 91.6 90.6 96.7 96.9 102.6 102.8 98.7 100.0 112.3 113.7 111.1 110.9 108.6 108.6 103.9 99.1 86.4 78.3 74.7 76.2 73.8 72.5 75.5 Percent change 0.0 - 1 .3 -1 .1 6.7 0.2 5.9 0.2 -4 .0 1.3 12.3 1.2 - 2 .3 - 0 .2 -2 .1 0.0 - 4 .3 - 4 .6 -1 2 .8 - 9 .4 - 4 .6 2.0 -3 .1 -1 .8 4.1 Index 75.9 76.2 88.9 100.5 100.6 100.5 100.7 100.5 100.6 100.0 109.9 109.2 108.5 108.7 111.0 108.2 108.8 106.5 95.0 95.3 94.6 104.5 114.1 108.5 107.4 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 0.4 16.7 13.0 0.1 -0 .1 0.2 - 0 .2 0.1 - 0 .6 9.9 - 0 .6 - 0 .6 0.2 2.1 - 2 .5 0.6 -2 .1 -1 0 .8 0.3 - 0 .7 10.5 9.2 - 4 .9 - 1 .0 56.0 66.3 68.5 64.1 79.9 81.3 84.2 86.4 93.2 100.0 112.3 112.1 109.9 121.7 125.3 128.2 117.5 112.9 95.0 89.8 85.7 87.4 82.6 78.3 81.5 18.4 3.3 - 6 .4 24.6 1.8 3.6 2.6 7.9 7.3 12.3 - 0 .2 - 2 .0 10.7 3.0 2.3 - 8 .3 - 3 .9 -1 5 .9 - 5 .5 - 4 .6 2.0 - 5 .5 - 5 .2 4.1 45.8 54.4 66.5 71.1 83.1 84.3 82.6 84.5 95.0 100.0 109.9 107.7 107.3 119.3 128.0 127.7 123.1 121.3 104.5 109.3 108.5 119.8 127.8 117.2 116.0 18.8 22.2 6.9 16.9 1.4 -2 .0 2.3 12.4 5.3 9.9 - 2 .0 - 0 .4 11.2 7.3 - 0 .2 - 3 .6 - 1 .5 -1 3 .8 4.6 - 0 .7 10.4 6.7 - 8 .3 -1 .0 Please see notes at end of tables. Table 40. U.S.-Japan comparisons: Integrated circuits U.S. export price index in dollars Japan export price index in yen Japan export price index in dollars Month Index 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... Percent change 95.6 100.0 95.3 92.4 95.9 101.1 98.6 92.4 92.0 89.6 87.2 84.7 83.6 84.9 82.8 82.5 85.8 4.6 - 4 .7 - 3 .0 3.8 5.4 - 2 .5 - 6 .3 - 0 .4 - 2 .6 - 2 .7 - 2 .9 - 1 .3 1.6 - 2 .5 - 0 .4 4.0 Please see notes at end of tables. 28 Index 101.2 100.0 100.0 101.8 98.3 87.2 83.3 71.7 71.4 66.5 61.0 61.5 58.3 45.4 35.9 33.1 37.0 Percent change - 1 .2 0.0 1.8 - 3 .4 -1 1 .3 - 4 .5 -1 3 .9 - 0 .4 -6 .9 - 8 .3 0.8 -5 .2 -2 2 .1 -2 0 .9 - 7 .8 11.8 Index 103.2 100.0 97.9 97.7 96.0 85.5 85.0 71.4 74.8 71.5 67.1 74.9 73.8 62.3 55.4 49.6 52.6 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change -3 .1 -2 .1 - 0 .2 - 1 .7 -1 0 .9 -0 .6 -1 6 .0 4.8 - 4 .4 - 6 .2 11.6 - 1 .5 -1 5 .6 -1 1 .1 -1 0 .5 6.0 105.9 100.0 104.9 110.2 102.5 86.3 84.5 77.6 77.6 74.2 70.0 72.6 69.7 53.5 43.4 40.1 43.1 - 5 .6 4.9 5.1 - 7 .0 -1 5 .8 -2 .1 - 8 .2 0.0 - 4 .4 - 5 .7 3.7 - 4 .0 -2 3 .2 -1 8 .9 - 7 .6 7.5 107.9 100.0 102.7 105.7 100.1 84.6 86.2 77.3 81.3 79.8 76.9 88.4 88.3 73.4 66.9 60.1 61.3 - 7 .3 2.7 2.9 - 5 .3 -1 5 .5 1.9 -1 0 .3 5.2 - 1 .8 - 3 .6 15.0 -0 .1 -1 6 .9 -8 .9 -1 0 .2 2.0 Table 41. U.S.-Japan comparisons: Resistors, as electronic components U.S. export price index in dollars Japan export price index in yen Japan export price index in dollars Month Index 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... 90.9 85.4 83.7 87.6 88.5 96.6 98.5 98.5 100.0 96.7 94.2 93.4 93.7 93.3 93.4 95.8 96.3 100.2 99.0 99.0 99.8 91.2 90.5 89.7 Percent change -6 .1 -2 .0 4.7 1.0 9.2 2.0 0.0 1.5 - 3 .3 - 2 .6 - 0 .8 0.3 - 0 .4 0.1 2.6 0.5 4.0 - 1 .2 0.0 0.8 - 8 .6 - 0 .8 - 0 .9 Index 106.1 106.1 104.8 114.7 114.7 114.7 106.7 108.5 100.0 100.0 100.0 101.6 101.6 101.6 104.9 104.9 101.6 93.6 92.9 88.2 85.0 80.4 80.7 92.0 Percent change 0.0 - 1 .2 9.4 0.0 0.0 - 7 .0 1.7 - 7 .8 0.0 0.0 1.6 0.0 0.0 3.2 0.0 -3 .1 - 7 .9 - 0 .7 -5 .1 - 3 .6 - 5 .4 0.4 14.0 Index 87.1 102.9 116.3 119.3 118.9 112.5 104.2 110.6 100.0 97.9 96.0 99.3 99.7 103.8 104.5 109.9 109.3 103.0 113.1 111.7 116.6 124.2 120.8 130.8 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 18.1 13.0 2.6 - 0 .3 - 5 .4 - 7 .4 6.1 - 9 .6 -2 .1 - 1 .9 3.4 0.4 4.1 0.7 5.2 - 0 .5 - 5 .8 9.8 - 1 .2 4.4 6.5 - 2 .7 8.3 116.7 124.2 125.2 130.9 129.6 118.7 108.3 110.2 100.0 103.4 106.2 108.8 108.4 108.9 112.3 109.5 105.5 93.4 93.8 89.1 85.2 88.2 89.2 102.6 6.4 0.8 4.6 - 1 .0 - 8 .4 - 8 .8 1.8 - 9 .3 3.4 2.7 2.4 - 0 .4 0.5 3.1 - 2 .5 - 3 .7 -1 1 .5 0.4 - 5 .0 - 4 .4 3.5 1.1 15.0 95.8 120.5 138.9 136.2 134.4 116.5 105.8 112.3 100.0 101.2 101.9 106.3 106.4 111.3 111.9 114.7 113.5 102.8 114.2 112.8 116.8 136.2 133.5 145.8 25.8 15.3 - 1 .9 - 1 .3 -1 3 .3 - 9 .2 6.1 -1 1 .0 1.2 0.7 4.3 0.1 4.6 0.5 2.5 - 1 .0 - 9 .4 11.1 - 1 .2 3.5 16.6 - 2 .0 9.2 Please see notes at end of tables. Table 42. U.S.-Japan comparisons: Capacitors, as electronic components U.S. export price index in dollars Japan export price index in yen Japan export price index in dollars Month Index 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 M arch............................................................................... June.................................................................................. September....................................................................... December........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... 1977 M arch............................................................................... 1977 September....................................................................... 1977 Decem ber........................................................................ 1978 June.................................................................................. 1979 M arch............................................................................... 93.1 97.0 99.4 99.4 97.2 100.0 99.1 101.2 101.2 102.0 103.9 107.9 112.6 113.1 113.1 114.2 114.7 110.7 111.1 111.2 122.2 Please see notes at end of tables. 29 Percent change 4.2 2.5 0.0 - 2 .2 2.9 - 0 .9 2.1 0.0 0.8 1.9 3.8 4.4 0.4 0.0 1.0 0.4 - 3 .5 0.4 0.1 9.9 Index 93.3 93.5 106.2 106.4 99.6 100.0 102.0 100.6 98.9 98.6 94.6 98.6 93.7 91.2 91.0 82.2 78.9 73.2 64.7 66.9 70.2 Percent change 0.2 13.6 0.2 - 6 .4 0.4 2.0 - 1 .4 - 1 .7 * - 0 .3 -4 .1 4.2 - 5 .0 - 2 .7 - 0 .2 - 9 .7 - 4 .0 - 7 .2 -1 1 .6 3.4 4.9 Index 97.1 97.0 104.2 103.9 101.5 100.0 99.8 96.6 96.6 96.7 96.6 98.2 98.1 98.1 100.1 100.0 99.9 100.3 100.0 100.2 99.9 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change -0 .1 7.4 - 0 .3 - 2 .3 - 1 .5 - 0 .2 - 3 .2 0.0 0.1 -0 .1 1.7 -0 .1 0.0 2.0 -0 .1 -0 .1 0.4 - 0 .3 0.2 - 0 .3 100.2 96.4 106.8 107.0 102.5 100.0 102.9 99.4 97.7 96.7 91.0 91.4 83.2 80.6 80.5 72.0 68.8 66.1 58.2 60.2 57.4 - 3 .8 10.8 0.2 - 4 .2 - 2 .4 2.9 - 3 .4 - 1 .7 - 1 .0 - 5 .9 0.4 - 9 .0 -3 .1 -0 .1 -1 0 .6 - 4 .4 - 3 .9 -1 2 .0 3.4 - 4 .7 104.3 100.0 104.8 104.5 104.4 100.0 100.7 95.5 95.5 94.8 93.0 91.0 87.1 86.7 88.5 87.6 87.1 90.6 90.0 90.1 81.8 -4 .1 4.8 - 0 .3 -0 .1 - 4 .2 0.7 - 5 .2 0.0 - 0 .7 - 1 .9 - 2 .2 - 4 .3 - 0 .5 2.1 - 1 .0 - 0 .6 4.0 - 0 .7 0.1 - 9 .2 Table 43. U.S.-Japan comparisons: Loudspeakers U.S. export price index in dollars Japan export price index in yen Japan export price index in dollars Month Index 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... 99.0 100.0 100.3 100.7 100.7 102.9 102.9 104.7 104.6 104.6 106.3 108.4 108.4 108.6 109.4 113.8 113.9 Percent change 1.0 0.3 0.4 0.0 2.2 0.0 1.7 -0 .1 0.0 1.6 2.0 0.0 0.2 0.7 4.0 0.1 Index 99.3 100.0 101.2 102.7 103.5 103.1 102.7 104.4 98.2 96.1 97.9 92.7 91.7 87.2 84.5 88.4 92.5 Percent change 0.7 1.2 1.5 0.8 - 0 .4 - 0 .4 1.7 -5 .9 -2 .1 1.9 - 5 .3 -1 .1 - 4 .9 -3 .1 4.6 4.6 Index 101.2 100.0 99.0 98.6 101.1 101.2 104.9 104.0 102.8 103.3 107.7 112.9 116.1 119.6 130.5 132.4 131.6 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change - 1 .2 - 1 .0 - 0 .4 2.5 0.1 3.7 -0 .9 - 1 .2 0.5 4.3 4.8 2.8 3.0 9.1 1.5 - 0 .6 100.3 100.0 100.9 102.0 102.8 100.2 99.8 99.7 93.9 91.9 92.1 85.5 84.6 80.3 77.2 77.7 81.2 - 0 .3 0.9 1.1 0.8 - 2 .5 - 0 .4 -0 .1 - 5 .8 -2 .1 0.2 - 7 .2 -1 .1 -5 .1 - 3 .9 0.6 4.5 102.2 100.0 98.7 97.9 100.4 98.3 101.9 99.3 98.3 98.8 101.3 104.2 107.1 110.1 119.3 116.3 115.5 -2 .2 - 1 .3 -0 .8 2.6 -2 .1 3.7 -2 .6 -1 .0 0.5 2.5 2.9 2.8 2.8 8.4 - 2 .5 - 0 .7 Please see notes at end of tables. Table 44. U.S.-Japan comparisons: Transceivers U.S. export price index in dollars Japan export price index in yen Japan export price index in dollars Month Index 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... December........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September...................................................................... Decem ber....................................................................... M arch.............................................................................. 96.6 100.0 100.0 100.0 102.3 102.3 104.0 104.0 106.6 106.3 109.9 109.9 113.9 113.1 117.2 Please see notes at end of tables. 30 Percent change 3.5 0.0 0.0 2.3 0.0 1.7 0.0 2.5 - 0 .3 3.4 0.0 3.6 - 0 .7 3.6 Index 100.1 101.1 100.2 100.0 98.3 99.6 95.0 95.0 91.3 91.3 91.3 79.2 69.5 71.4 72.6 Percent change 1.0 - 0 .9 - 0 .2 - 1 .7 1.3 - 4 .6 0.0 -3 .9 0.0 0.0 -1 3 .3 -1 2 .2 2.7 1.7 Index 99.9 99.0 99.8 100.0 102.3 101.1 101.4 104.2 102.4 113.3 117.8 110.7 109.6 109.1 105.3 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change - 0 .9 0.8 0.2 2.3 - 1 .2 0.3 2.8 - 1 .7 10.6 4.0 - 6 .0 - 1 .0 -0 .5 - 3 .5 103.6 101.1 100.2 100.0 96.1 97.4 91.3 91.3 85.6 85.9 83.1 72.1 61.0 63.1 61.9 - 2 .4 - 0 .9 - 0 .2 - 3 .9 1.4 - 6 .3 0.0 - 6 .2 0.4 - 3 .3 -1 3 .2 -1 5 .4 3.4 - 1 .9 103.4 99.0 99.8 100.0 100.0 98.8 97.5 100.2 96.1 106.6 107.2 100.7 96.2 96.5 89.8 - 4 .3 0.8 0.2 0.0 - 1 .2 - 1 .3 2.8 -4 .1 10.9 0.6 -6 .1 - 4 .5 0.3 - 6 .9 Table 45. U.S.-Japan comparisons: Instruments for measuring electrical quantities or characteristics U.S. export price index in dollars Japan export price index in yen Japan export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... 78.0 83.1 84.9 85.9 88.4 91.7 94.6 96.7 100.3 100.0 99.6 100.0 100.5 103.0 103.5 102.9 104.7 106.1 108.8 109.0 112.4 112.9 114.7 115.5 120.4 Percent change 6.5 2.2 1.2 2.9 3.7 3.2 2.2 3.7 - 0 .3 - 0 .4 0.4 0.5 2.5 0.5 - 0 .6 1.7 1.3 2.5 0.2 3.1 0.4 1.6 0.7 4.2 Index 70.2 80.7 80.7 76.9 78.4 78.4 78.4 102.6 100.0 100.0 100.0 100.0 100.0 100.0 100.0 102.6 102.6 102.6 102.6 105.1 100.2 95.2 97.2 98.5 101.1 Percent change 15.0 0.0 - 4 .7 2.0 0.0 0.0 30.9 - 2 .5 0.0 0.0 0.0 0.0 0.0 0.0 2.6 0.0 0.0 0.0 2.4 - 4 .7 - 5 .0 2.1 1.3 2.6 Index 57.4 66.3 78.4 85.4 81.6 81.3 77.0 100.2 101.9 100.0 97.9 96.0 97.7 98.1 102.1 102.2 107.5 110.4 112.9 128.0 126.9 130.6 150.2 147.5 143.8 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 15.5 18.3 8.9 - 4 .4 - 0 .4 - 5 .3 30.1 1.7 - 1 .9 -2 .1 - 1 .9 1.8 0.4 4.1 0.1 5.2 2.7 2.3 13.4 - 0 .9 2.9 15.0 - 1 .8 - 2 .5 90.0 97.1 95.1 89.5 88.7 85.5 82.9 106.1 99.7 100.0 100.4 100.0 99.5 97.1 96.6 99.7 98.0 96.7 94.3 96.4 89.1 84.3 84.7 85.3 84.0 7.9 -2 .1 - 5 .9 - 0 .9 - 3 .6 - 3 .0 28.0 - 6 .0 0.3 0.4 - 0 .4 - 0 .5 - 2 .4 - 0 .5 3.2 - 1 .7 - 1 .3 - 2 .5 2.2 - 7 .6 - 5 .4 0.5 0.7 - 1 .5 73.6 79.8 92.3 99.4 92.3 88.7 81.4 103.6 101.6 100.0 98.3 96.0 97.2 95.2 98.6 99.3 102.7 104.1 103.8 117.4 112.9 115.7 131.0 127.7 119.4 8.4 15.7 7.7 -7 .1 - 3 .9 - 8 .2 27.3 - 1 .9 - 1 .6 - 1 .7 - 2 .3 1.2 -2 .1 3.6 0.7 3.4 1.4 - 0 .3 13.1 - 3 .8 2.5 13.2 - 2 .5 - 6 .5 Please see notes at end of tables. Table 46. U.S.-Japan comparisons: Trucks, assembled, piston displacement over 2000cc U.S. export price index in dollars Japan export price index in yen Japan export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September...................................................................... Decem ber........................................................................ M arch............................................................................... 68.5 72.9 73.9 76.5 81.5 86.3 91.7 93.1 100.1 100.0 103.4 104.3 109.2 113.3 117.3 118.3 119.7 120.3 126.0 128.7 131.9 138.6 140.1 144.4 149.5 Please see notes at end of tables. 31 Percent change 6.4 1.4 3.5 6.5 5.9 6.3 1.5 7.5 -0 .1 3.4 0.9 4.7 3.8 3.5 0.9 1.2 0.5 4.7 2.1 2.5 5.1 1.1 3.1 3.5 Index 66.2 66.2 67.5 70.1 84.2 90.0 93.2 93.0 95.7 100.0 104.0 105.7 106.3 106.0 103.9 104.7 104.0 103.6 105.0 102.7 102.4 102.9 103.9 105.2 107.7 Percent change 0.0 2.0 3.9 20.1 6.9 3.6 - 0 .2 2.9 4.5 4.0 1.6 0.6 - 0 .3 -2 .0 0.8 - 0 .7 - 0 .4 1.4 - 2 .2 - 0 .3 0.5 1.0 1.3 2.4 Index 54.2 54.4 65.5 77.7 87.6 93.4 91.5 90.9 97.5 100.0 101.8 101.5 103.8 104.0 106.1 104.3 108.9 111.5 115.5 125.1 129.7 141.2 160.6 157.6 153.1 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 0.4 20.4 18.6 12.7 6.6 - 2 .0 - 0 .7 7.3 2.6 1.8 - 0 .3 2.3 0.2 2.0 - 1 .7 4.4 2.4 3.6 8.3 3.7 8.9 13.7 - 1 .9 - 2 .9 96.6 90.8 91.3 91.6 103.3 104.3 101.6 99.9 95.6 100.0 100.6 101.3 97.3 93.6 88.6 88.5 86.9 86.1 83.3 79.8 77.6 74.2 74.2 72.9 72.0 - 6 .0 0.6 0.3 12.8 1.0 - 2 .6 - 1 .7 - 4 .3 4.6 0.6 0.7 - 3 .9 - 3 .8 - 5 .3 -0 .1 - 1 .8 - 0 .9 - 3 .3 - 4 .2 - 2 .8 - 4 .4 0.0 - 1 .8 - 1 .2 79.1 74.6 88.6 101.6 107.5 108.2 99.8 97.6 97.4 100.0 98.5 97.3 95.1 91.8 90.5 88.2 91.0 92.7 91.7 97.2 98.3 101.9 114.6 109.1 102.4 - 5 .7 18.8 14.7 5.8 0.7 - 7 .8 - 2 .2 - 0 .2 2.7 - 1 .5 - 1 .2 - 2 .3 - 3 .5 - 1 .4 - 2 .5 3.2 1.9 -1 .1 6.0 1.1 3.7 12.5 - 4 .8 -6 .1 Table 47. U.S.-Japan comparisons: Agricultural tractors, except garden tractors U.S. export price index in dollars Japan export price index in yen Japan export price index in dollars Month Index 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... 100.6 100.0 101.2 106.0 108.0 110.5 111.3 114.5 119.3 119.6 122.7 128.9 130.4 131.3 136.4 136.3 137.2 Percent change - 0 .6 1.2 4.7 1.9 2.3 0.7 2.9 4.2 0.3 2.6 5.1 1.2 0.7 3.9 -0 .1 0.7 Index 99.7 100.0 100.0 100.2 100.2 103.1 103.1 103.7 103.7 107.5 108.0 107.7 107.6 98.4 99.5 106.3 107.3 Percent change 0.3 0.0 0.2 0.0 2.9 0.0 0.6 0.0 3.7 0.5 - 0 .3 -0 .1 - 8 .6 1.1 6.8 0.9 Index 101.6 100.0 97.9 96.2 97.8 101.1 105.3 103.3 108.6 115.6 118.8 131.1 136.2 135.0 153.8 159.2 152.6 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change - 1 .6 -2 .1 - 1 .7 1.7 3.4 4.2 - 1 .9 5.1 6.4 2.8 10.4 3.9 - 0 .9 13.9 3.5 -4 .1 99.1 100.0 98.8 94.5 92.8 93.3 92.6 90.6 86.9 89.9 88.0 83.6 82.5 74.9 72.9 78.0 78.2 0.9 - 1 .2 - 4 .4 - 1 .8 0.5 - 0 .8 - 2 .2 -4 .1 3.5 -2 .1 - 5 .0 - 1 .3 - 9 .2 - 2 .7 7.0 0.3 101.0 100.0 96.7 90.8 90.6 91.5 94.6 90.2 91.0 96.7 96.8 101.7 104.4 102.8 112.8 116.8 111.2 -1 .0 - 3 .3 -6 .1 -0 .2 1.0 3.4 - 4 .7 0.9 6.3 0.1 5.1 2.7 - 1 .5 9.7 3.5 - 4 .8 Please see notes at end of tables. Table 48. U.S.-Japan comparisons: Excavators (backhoes, shovels, etc.) U.S. export price index in dollars Japan export price index in yen Japan export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... December........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... 62.6 65.7 69.1 71.0 76.0 84.3 87.4 92.1 97.3 100.0 101.5 105.0 110.8 111.9 112.8 119.3 121.4 122.3 121.3 127.4 128.5 133.5 135.8 139.2 143.6 Please see notes at end of tables. 32 Percent change 5.0 5.2 2.7 7.0 10.9 3.7 5.4 5.6 2.8 1.5 3.4 5.5 1.0 0.8 5.8 1.8 0.7 - 0 .8 5.0 0.9 3.9 1.7 2.5 3.2 Index 74.3 74.3 76.6 86.8 93.5 93.7 99.1 99.4 97.0 100.0 102.2 103.2 102.9 101.7 99.7 98.9 96.4 96.9 95.5 95.4 91.3 93.0 92.9 90.6 91.0 Percent change 0.0 3.1 13.3 7.7 0.2 5.8 0.3 - 2 .4 3.1 2.2 1.0 - 0 .3 - 1 .2 - 2 .0 - 0 .8 - 2 .5 0.5 - 1 .4 -0 .1 - 4 .3 1.9 -0 .1 - 2 .5 0.4 Index 60.7 61.0 74.3 96.3 97.3 97.2 97.2 97.1 98.9 100.0 100.0 99.1 100.5 99.7 101.8 98.5 101.0 104.2 105.1 116.2 115.6 127.6 143.6 135.7 129.5 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 0.5 21.8 29.6 1.0 -0 .1 0.0 -0 .1 1.9 1.1 0.0 - 0 .9 1.4 - 0 .8 2.1 - 3 .2 2.5 3.2 0.9 10.6 - 0 .5 10.4 12.5 - 5 .5 - 4 .6 118.7 113.1 110.9 122.3 123.0 111.2 113.4 107.9 99.7 100.0 100.7 98.3 92.9 90.9 88.4 82.9 79.4 79.2 78.7 74.9 71.1 69.7 68.4 65.1 63.4 - 4 .7 - 1 .9 10.3 0.6 - 9 .6 2.0 - 4 .9 - 7 .6 0.3 0.7 - 2 .4 - 5 .5 - 2 .2 - 2 .8 - 6 .2 - 4 .2 - 0 .3 - 0 .6 - 4 .8 -5 .1 - 2 .0 - 1 .9 - 4 .8 - 2 .6 97.0 92.8 107.5 135.6 128.0 115.3 111.2 105.4 101.6 100.0 98.5 94.4 90.7 89.1 90.2 82.6 83.2 85.2 86.6 91.2 90.0 95.6 105.7 97.5 90.2 - 4 .3 15.8 26.1 - 5 .6 - 9 .9 - 3 .6 - 5 .2 -3 .6 -1 .6 - 1 .5 - 4 .2 -3 .9 - 1 .8 1.2 - 8 .4 0.7 2.4 1.6 5.3 - 1 .3 6.2 10.6 - 7 .8 - 7 .5 Table 49. U.S.-Japan comparisons: Truck-mounted cranes U.S. export price index in dollars Japan export price index in yen Japan export price index in dollars Month Index 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... 100.0 101.4 104.9 107.0 107.3 109.4 111.0 112.8 116.0 116.9 118.4 121.9 123.0 125.3 130.0 131.2 Percent change 1.4 3.5 2.0 0.3 2.0 1.5 1.6 2.8 0.8 1.3 3.0 0.9 1.9 3.8 0.9 Index 100.0 103.5 103.5 103.5 103.5 106.9 106.9 106.9 106.7 105.0 105.0 105.0 105.0 105.0 105.0 105.0 Percent change 3.5 0.0 0.0 0.0 3.3 0.0 0.0 - 0 .2 - 1 .6 0.0 0.0 0.0 0.0 0.0 0.0 Index 100.0 101.3 99.4 101.1 101.5 109.1 106.4 111.9 114.7 115.6 127.9 133.0 144.1 162.3 157.3 149.4 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 1.3 - 1 .9 1.7 0.4 7.5 - 2 .5 5.2 2.5 0.8 10.6 4.0 8.3 12.6 -3 .1 - 5 .0 100.0 102.1 98.7 96.7 96.5 97.7 96.3 94.8 92.0 89.8 88.7 86.1 85.4 83.8 80.8 80.0 2.1 - 3 .3 - 2 .0 - 0 .2 1.2 - 1 .4 - 1 .6 - 3 .0 - 2 .4 - 1 .2 - 2 .9 - 0 .8 - 1 .9 - 3 .6 - 1 .0 100.0 99.9 94.8 94.5 94.6 99.7 95.9 99.2 98.9 98.9 108.0 109.1 117.2 129.5 121.0 113.9 -0 .1 -5 .1 - 0 .3 0.1 5.4 - 3 .8 3.4 - 0 .3 0.0 9.2 1.0 7.4 10.5 - 6 .6 - 5 .9 Please see notes at end of tables. Table 50. U.S.-Japan comparisons: Tractors and loaders, except agricultural tractors U.S. export price index in dollars Japan export price index in yen Japan export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... 68.0 72.1 73.5 75.2 79.0 84.5 90.5 94.9 98.3 100.0 102.4 105.1 107.2 107.2 108.2 112.4 115.2 117.2 118.3 122.2 124.0 129.7 131.1 137.3 138.4 Please see notes at end of tables. 33 Percent change 6.0 1.9 2.3 5.1 7.0 7.1 4.9 3.6 1.7 2.4 2.6 2.0 0.0 0.9 3.9 2.5 1.7 0.9 3.3 1.5 4.6 1.1 4.7 0.8 Index 62.0 64.9 60.1 60.3 69.7 72.8 88.6 88.5 99.3 100.0 101.8 102.5 101.9 105.1 104.7 107.2 107.3 110.6 110.6 103.8 104.8 101.1 96.8 100.1 107.4 Percent change 4.7 - 7 .4 0.3 15.6 4.4 21.7 -0 .1 12.2 0.7 1.8 0.7 - 0 .6 3.1 - 0 .4 2.4 0.1 3.1 0.0 -6 .1 1.0 - 3 .5 - 4 .3 3.4 7.3 Index 50.7 53.3 58.4 66.9 72.5 75.5 86.9 86.4 101.2 100.0 99.6 98.4 99.5 103.1 106.9 106.8 112.4 119.0 121.7 126.4 132.7 138.7 149.6 149.9 152.8 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 5.1 9.6 14.6 8.4 4.1 15.1 - 0 .6 17.1 - 1 .2 - 0 .4 - 1 .2 1.1 3.6 3.7 -0 .1 5.2 5.9 2.3 3.9 5.0 4.5 7.9 0.2 1.9 91.2 90.0 81.8 80.2 88.2 86.2 97.9 93.3 101.0 100.0 99.4 97.5 95.1 98.0 96.8 95.4 93.1 94.4 93.5 84.9 84.5 77.9 73.8 72.9 77.6 - 1 .3 -9 .1 - 2 .0 10.0 - 2 .3 13.6 - 4 .7 8.3 - 1 .0 - 0 .6 - 1 .9 - 2 .5 3.0 - 1 .2 - 1 .4 - 2 .4 1.4 - 1 .0 - 9 .2 - 0 .5 - 7 .8 - 5 .3 - 1 .2 6.4 74.6 73.9 79.5 89.0 91.8 89.3 96.0 91.0 103.0 100.0 97.3 93.6 92.8 96.2 98.8 95.0 97.6 101.5 102.9 103.4 107.0 106.9 114.1 109.2 110.4 - 0 .9 7.6 11.9 3.1 - 2 .7 7.5 - 5 .2 13.2 - 2 .9 - 2 .7 - 3 .8 - 0 .9 3.7 2.7 - 3 .8 2.7 4.0 1.4 0.5 3.5 -0 .1 6.7 - 4 .3 1.1 Table 51. U.S.-Japan comparisons: Lathes, metalcutting, except numerically controlled U.S. export price index in dollars Japan export price index in yen Japan export price index in dollars Ratio of export price indexes in national currencies Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber....................................................................... M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... 62.1 66.1 67.2 71.8 76.1 81.9 89.9 95.4 97.9 100.0 100.0 101.4 104.6 104.6 107.9 111.7 112.2 116.1 118.1 121.8 125.4 131.9 135.5 137.8 139.7 Percent change 6.4 1.7 6.8 6.0 7.6 9.8 6.1 2.6 2.1 0.0 1.4 3.2 0.0 3.2 3.5 0.4 3.5 1.7 3.1 3.0 5.2 2.7 1.7 1.4 Index 61.7 61.7 61.7 68.7 81.9 90.6 90.6 97.2 99.1 100.0 103.5 104.7 103.8 105.4 104.6 104.6 101.9 100.6 102.8 102.5 100.5 94.7 94.4 102.0 111.0 Percent change 0.0 0.0 11.3 19.2 10.6 0.0 7.3 2.0 0.9 3.5 1.2 - 0 .9 1.5 - 0 .8 0.0 - 2 .6 - 1 .3 2.2 - 0 .3 -2 .0 - 5 .8 - 0 .3 8.1 8.8 Index 50.4 50.6 59.8 76.2 85.3 93.9 88.9 94.9 101.0 100.0 101.3 100.5 101.3 103.4 106.8 104.1 106.7 108.2 113.1 124.8 127.3 129.9 145.9 152.8 157.8 Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 0.4 18.2 27.4 11.9 10.1 - 5 .3 6.7 6.4 - 1 .0 1.3 - 0 .8 0.8 2.1 3.3 - 2 .5 2.5 1.4 4.5 10.3 2.0 2.0 12.3 4.7 3.3 99.4 93.3 91.8 95.7 107.6 110.6 100.8 101.9 101.2 100.0 103.5 103.3 99.2 100.8 96.9 93.6 90.8 86.6 87.0 84.2 80.1 71.8 69.7 74.0 79.5 -6 .1 - 1 .6 4.2 12.4 2.8 - 8 .9 1.1 - 0 .7 - 1 .2 3.5 - 0 .2 - 4 .0 1.6 - 3 .9 - 3 .4 - 3 .0 - 4 .6 0.5 - 3 .2 - 4 .9 -1 0 .4 - 2 .9 6.2 7.4 81.2 76.6 89.0 106.1 112.1 114.7 98.9 99.5 103.2 100.0 101.3 99.1 96.8 98.9 99.0 93.2 95.1 93.2 95.8 102.5 101.5 98.5 107.7 110.9 113.0 -5 .7 16.2 19.2 5.7 2.3 -1 3 .8 0.6 3.7 -3 .1 1.3 -2 .2 -2 .3 2.2 0.1 -5 .9 2.0 - 2 .0 2.8 7.0 - 1 .0 -3 .0 9.3 3.0 1.9 Please see notes at end of tables. Table 52. U.S.-Japan comparisons: Grinding machines, metalcutting, except numerically controlled U.S. export price index in dollars Japan export price index in yen Japan export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........ .•.............................................................. M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... 65.8 67.3 69.0 71.9 81.9 83.2 84.9 96.4 98.1 100.0 106.0 106.0 107.7 112.3 112.4 112.4 118.3 119.8 121.6 122.4 126.6 131.4 131.4 137.7 146.4 Please see notes at end of tables. 34 Percent change 2.3 2.5 4.2 13.9 1.6 2.0 13.5 1.8 1.9 6.0 0.0 1.6 4.3 0.1 0.0 5.2 1.3 1.5 0.7 3.4 3.8 0.0 4.8 6.3 Index 76.6 76.6 74.2 78.9 107.2 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 118.5 118.5 118.5 117.3 118.3 115.1 115.0 110.2 106.0 97.6 105.8 110.0 Percent change 0.0 -3 .1 6.3 35.9 - 6 .7 0.0 0.0 0.0 0.0 0.0 0.0 0.0 18.5 0.0 0.0 - 1 .0 0.9 - 2 .7 -0 .1 - 4 .2 - 3 .8 - 7 .9 8.4 4.0 Index 62.6 62.9 72.0 87.5 111.5 103.7 98.1 97.7 101.9 100.0 97.9 96.0 97.7 116.2 121.0 118.0 122.8 127.2 126.6 140.0 139.5 145.4 150.8 158.5 156.5 Ratio of export price indexes in national currencies Percent change Ratio x 100 0.5 14.5 21.5 27.4 - 7 .0 - 5 .4 - 0 .4 4.3 - 1 .9 -2 .1 - 1 .9 1.8 18.9 4.1 - 2 .5 4.1 3.6 - 0 .5 10.6 - 0 .4 4.2 3.7 5.1 - 1 .3 116.4 113.8 107.5 109.7 130.9 120.2 117.8 103.7 101.9 100.0 94.3 94.3 92.9 105.5 105.4 105.4 99.2 98.7 94.7 94.0 87.0 80.7 74.3 76.8 75.1 Percent change - 2 .2 - 5 .5 2.0 19.3 - 8 .2 - 2 .0 -1 2 .0 - 1 .7 - 1 .9 - 5 .7 0.0 - 1 .5 13.6 -0 .1 0.0 - 5 .9 - 0 .5 -4 .1 - 0 .7 - 7 .4 - 7 .2 - 7 .9 3.4 - 2 .2 Ratio of export price indexes in dollars Ratio x 100 Percent change 95.1 93.5 104.3 121.7 136.1 124.6 115.5 101.3 103.9 100.0 92.4 90.6 90.7 103.5 107.7 105.0 103.8 106.2 104.1 114.4 110.2 110.7 114.8 115.1 106.9 - 1 .7 11.6 16.7 11.8 - 8 .4 - 7 .3 -1 2 .3 2.6 - 3 .8 - 7 .6 -1 .9 0.1 14.1 4.1 -2 .5 -1 .1 2.3 -2 .0 9.9 - 3 .7 0.5 3.7 0.3 -7 .1 Table 53. U.S.-Japan comparisons: Numerically controlled machine tools U.S. export price index in dollars Japan export price index in yen Japan export price index in dollars Month Index 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... 98.4 100.0 100.0 100.4 100.0 101.4 102.2 103.7 105.4 105.4 106.8 109.2 110.4 113.0 115.3 116.5 116.9 Percent change 1.6 0.0 0.4 - 0 .4 1.4 0.8 1.5 1.6 0.0 1.3 2.2 1.1 2.4 2.0 1.0 0.3 Index 99.1 100.0 101.0 101.7 100.8 100.6 98.7 100.0 97.5 96.2 100.8 100.5 98.5 94.6 92.2 99.9 107.1 Percent change 0.9 1.0 0.7 - 0 .9 - 0 .2 - 1 .9 1.3 - 2 .5 - 1 .3 4.8 - 0 .3 - 2 .0 - 4 .0 - 2 .5 8.4 7.2 Index 101.0 100.0 98.8 97.6 98.4 98.7 100.8 99.6 102.1 103.5 110.9 122.4 124.7 129.7 142.4 149.6 152.4 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change - 1 .0 - 1 .2 - 1 .2 0.8 0.3 2.1 - 1 .2 2.5 1.4 7.1 10.4 1.9 4.0 9.8 5.1 1.9 100.7 100.0 101.0 101.3 100.8 99.2 96.6 96.4 92.5 91.3 94.4 92.0 89.2 83.7 80.0 85.8 91.6 - 0 .7 1.0 0.3 - 0 .5 - 1 .6 - 2 .6 - 0 .2 - 4 .0 - 1 .3 3.4 - 2 .5 - 3 .0 - 6 .2 - 4 .4 7.2 6.8 102.6 100.0 98.8 97.2 98.4 97.3 98.6 96.0 96.9 98.2 103.8 112.1 113.0 114.8 123.5 128.4 130.4 - 2 .5 - 1 .2 - 1 .6 1.2 -1 .1 1.3 - 2 .6 0.9 1.3 5.7 8.0 0.8 1.6 7.6 4.0 1.6 Please see notes at end of tables. Table 54. U.S.-Japan comparisons: Pumps for liquids U.S. export price index in dollars Japan export price index in yen Japan export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... 63.5 65.1 66.8 70.8 78.1 88.6 91.6 93.9 96.8 100.0 103.6 103.6 104.4 106.1 110.4 111.5 112.1 117.0 117.9 119.5 121.4 127.8 128.7 134.0 135.6 Please see notes at end of tables. 35 Percent change 2.5 2.6 6.0 10.3 13.4 3.4 2.5 3.1 3.3 3.6 0.0 0.8 1.6 4.1 1.0 0.5 4.4 0.8 1.4 1.6 5.3 0.7 4.1 1.2 Index 62.5 63.1 64.4 86.2 116.7 116.7 116.7 116.7 102.7 100.0 95.8 92.8 92.8 92.8 92.8 92.8 92.8 92.8 92.8 92.8 88.4 88.4 88.4 88.4 88.4 Percent change 1.0 2.1 33.9 35.4 0.0 0.0 0.0 -1 2 .0 - 2 .6 - 4 .2 -3 .1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 - 4 .7 0.0 0.0 0.0 0.0 Index 51.1 51.8 62.5 95.6 121.4 121.0 114.5 114.0 104.6 100.0 93.8 89.1 90.6 91.0 94.8 92.4 97.2 99.8 102.1 113.0 112.0 121.3 136.7 132.5 125.8 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 1.4 20.7 53.0 27.0 - 0 .3 - 5 .4 - 0 .4 - 8 .2 - 4 .4 - 6 .2 - 5 .0 1.7 0.4 4.2 - 2 .5 5.2 2.7 2.3 10.7 - 0 .9 8.3 12.7 -3 .1 -5 .1 98.4 96.9 96.4 121.8 149.4 131.7 127.4 124.3 106.1 100.0 92.5 89.6 88.9 87.5 84.1 83.2 82.8 79.3 78.7 77.7 72.8 69.2 68.7 66.0 65.2 - 1 .5 - 0 .5 26.3 22.7 -1 1 .8 - 3 .3 - 2 .4 -1 4 .6 - 5 .7 - 7 .5 -3 .1 - 0 .8 - 1 .6 - 3 .9 -1 .1 - 0 .5 - 4 .2 - 0 .8 - 1 .3 - 6 .3 - 4 .9 - 0 .7 - 3 .9 - 1 .2 80.5 79.6 93.6 135.0 155.4 136.6 125.0 121.4 108.1 100.0 90.5 86.0 86.8 85.8 85.9 82.9 86.7 85.3 86.6 94.6 92.3 94.9 106.2 98.9 92.8 -1 .1 17.6 44.2 15.1 -1 2 .1 - 8 .5 - 2 .9 -1 1 .0 - 7 .5 - 9 .5 - 5 .0 0.9 - 1 .2 0.1 - 3 .5 4.6 - 1 .6 1.5 9.2 - 2 .4 2.8 11.9 - 6 .9 - 6 .2 Table 55. U.S.-Japan comparisons: Air or gas pumps and compressors U.S. export price index in dollars Japan export price index in yen Japan export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber....................................................................... M arch............................................................................... June.................................................................................. September...................................................................... Decem ber........................................................................ M arch............................................................................... Percent change 71.8 74.9 74.9 79.3 82.8 87.2 92.4 96.0 99.7 100.0 101.1 101.1 105.8 106.1 106.8 108.2 108.8 111.8 113.0 113.6 119.9 121.0 122.4 124.4 130.0 4.3 0.0 5.9 4.4 5.3 6.0 3.9 3.9 0.3 1.1 0.0 4.6 0.3 0.7 1.3 0.6 2.8 1.1 0.5 5.5 0.9 1.2 1.6 4.5 Index 86.8 86.8 86.8 86.0 88.4 88.4 95.0 95.0 99.1 100.0 101.0 102.1 101.2 101.0 107.5 109.0 106.0 104.5 103.4 103.0 106.5 106.2 103.2 104.8 107.0 Percent change 0.0 0.0 - 0 .9 2.8 0.0 7.5 0.0 4.3 0.9 1.0 1.1 - 0 .9 - 0 .2 6.4 1.4 - 2 .8 - 1 .4 -1 .1 - 0 .4 3.4 - 0 .3 - 2 .8 1.6 2.1 Index 71.0 71.3 84.2 95.4 92.0 91.7 93.2 92.8 101.0 100.0 98.8 98.0 98.8 99.1 109.8 108.5 111.0 112.4 113.7 125.4 134.8 145.7 159.5 157.0 152.2 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 0.4 18.1 13.3 - 3 .6 - 0 .3 1.6 - 0 .4 8.8 - 1 .0 - 1 .2 - 0 .8 0.8 0.3 10.8 - 1 .2 2.3 1.3 1.2 10.3 7.5 8.1 9.5 - 1 .6 -3 .1 120.9 115.9 115.9 1C8.4 106.8 101.4 102.8 99.0 99.4 100.0 99.9 101.0 95.7 95 2 100.7 100.7 97.4 93.5 91.5 90.7 88 8 87.8 84 3 84.2 82.3 -4 .1 0.0 - 6 .5 - 1 .5 -5 .1 1.4 - 3 .7 0.4 0.6 -0 .1 1.1 - 5 .2 0.5 5.8 0.0 3.3 - 4 .0 2.1 0.9 2.1 1.1 40 >-0.1 - 2 .3 98.9 95.2 112.4 120.3 111.1 105.2 100.9 96.7 101.3 100.0 97.7 96.9 93.4 93 4 102.8 100.3 102.0 100.5 100.6 110.4 1124 120 4 130.3 126.2 117.1 - 3 .7 18.1 7.0 - 7 .6 - 5 .3 -4 .1 - 4 .2 4.8 - 1 .3 -2 .3 - 0 .8 -3 .6 00 10.1 - 2 .4 17 1.5 0.1 97 18 71 8.2 3.1 - 7 .2 Please see notes at end of tables. Table 56. U.S.-Japan comparisons: Forklift trucks U.S. export price index in dollars Japan export price index in yen Japan export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. Septem ber....................................................................... Decem ber........................................................................ M arch............................................................................... 66.5 68.8 71.3 73.9 83.6 86.6 91.2 95.5 101.4 100.0 104.3 105.1 107.0 107.5 107.8 110.8 113.4 114.2 114.5 118.2 120.8 121.9 126.5 127.7 130.5 Percent change 3.5 3.6 3.6 13.1 3.6 5.3 4.7 6.2 - 1 .4 4.3 0.8 1.8 0.5 0.3 2.8 2.3 0.7 0.3 3.2 2.2 0.9 3.8 0.9 2.2 Please see notes at end of tables. 36 Index 74.7 75.7 70.9 71.4 90.4 92.8 97.1 101.0 100.1 100.0 102.1 103.3 102.8 104.3 104.7 105.7 104.8 104.1 104.1 104.1 104.1 104.1 101.8 92.2 92.2 Percent change 1.3 - 6 .3 0.7 26.6 2.7 4.6 4.0 - 0 .9 -0 .1 2.1 1.2 - 0 .5 1.5 0.4 1.0 - 0 .9 - 0 .7 0.0 0.0 0.0 0.0 - 2 .2 - 9 .4 0.0 Index 61.1 62.2 68.8 79.2 94.0 96.3 95.2 98.7 102.0 100.0 99.9 99.2 100.4 102.3 106.9 105.2 109.7 112.0 114.6 126.8 131.9 142.9 157.3 138.1 131.2 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 1.8 10.6 15.1 18.7 2.4 -1 .1 3.7 3.3 - 2 .0 -0 .1 - 0 .7 1.2 1.9 4.5 -1 .6 4.3 2.1 2.3 10.6 4.0 8.3 10.1 -1 2 .2 - 5 .0 112.3 110.0 99.4 96.6 108.1 107.2 106.5 105.8 98.7 100.0 97.9 98.3 96.1 97.0 97.1 95.4 92.4 91.2 90.9 88.1 86.2 85.4 80.5 72.2 70.7 - 2 .0 - 9 .6 - 2 .8 11.9 - 0 .8 - 0 .7 - 0 .7 - 6 .7 1.3 -2 .1 0.4 - 2 .2 0.9 0.1 - 1 .8 -3 .1 - 1 .3 - 0 .3 -3 .1 - 2 .2 - 0 .9 - 5 .7 -1 0 .3 -2 .1 91.9 90.4 96.5 107.2 112.4 111.2 104.4 103.4 100.6 100.0 95.8 94.4 93.8 95.2 99.2 94.9 96.7 98.1 100.1 107.3 109.2 117.2 124.3 108.1 100.5 - 1 .6 6.7 11.1 4.9 -1 .1 -6 .1 - 1 .0 - 2 .7 -0 .6 - 4 .2 -1 .5 -0 .6 1.5 4.2 - 4 .3 1.9 1.4 2.0 7.2 1.8 7.3 6.1 -1 3 .0 - 7 .0 Table 57. U.S.-Japan comparisons: Power transmission chains, of iron or steel U.S. export price index in dollars Japan export price index in yen Japan export price index in dollars Month Index 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber....................................................................... M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... 70.1 80.1 92.4 93.7 100.0 100.0 100.0 100.0 100.4 100.4 100.4 101.0 101.2 82.5 83.4 83.4 86.7 89.9 89.9 91.4 93.5 Percent change 14.3 15.4 1.4 6.7 0.0 0.0 0.0 0.4 0.0 0.0 0.6 0.2 -1 8 .5 1.1 0.0 4.0 3.7 0.0 1.7 2.3 Index 93.5 93.6 104.0 104.3 98.0 100.0 108.0 110.3 108.5 107.9 103.7 106.4 101.1 100.2 100.7 95.3 93.2 89.6 87.4 88.9 93.0 Percent change 0.1 11.1 0.3 - 6 .0 2.0 8.0 2.1 - 1 .6 - 0 .6 - 3 .9 2.6 - 5 .0 - 0 .9 0.5 - 5 .4 - 2 .2 - 3 .9 - 2 .5 1.7 4.6 Index 97.3 97.1 102.1 101.9 99.9 100.0 105.7 105.9 105.9 105.9 105.9 105.9 105.9 107.8 110.8 116.0 118.0 122.9 135.1 133.1 132.3 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change - 0 .2 5.1 - 0 .2 - 2 .0 0.1 5.7 0.2 0.0 0.0 0.0 0.0 0.0 1.8 2.8 4.7 1.7 4.2 9.9 - 1 .5 - 0 .6 133.4 116.9 112.6 111.3 98.0 100.0 108.0 110.3 108.1 107.5 103.3 105.3 99.9 121.5 120.7 114.3 107.5 99.7 97.2 97.3 99.5 -1 2 .4 - 3 .7 - 1 .2 -1 1 .9 2.0 8.0 2.1 - 2 .0 - 0 .6 - 3 .9 1.9 -5 .1 21.6 - 0 .7 - 5 .3 - 5 .9 - 7 .3 - 2 .5 0.1 2.3 138.8 121.2 110.5 108.8 99.9 100.0 105.7 105.9 105.5 105.5 105.5 104.9 104.6 130.7 132.9 139.1 136.1 136.7 150.3 145.6 141.5 -1 2 .7 - 8 .8 - 1 .5 - 8 .2 0.1 5.7 0.2 - 0 .4 0.0 0.0 - 0 .6 - 0 .3 25.0 1.7 4.7 - 2 .2 0.4 9.9 -3 .1 - 2 .8 Please see notes at end of tables. Table 58. U.S.-Japan comparisons: Electromechanical handtools U.S. export price index in dollars Japan export price index in yen Japan export price index in dollars Month Index 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... Percent change 99.9 100.0 103.7 105.4 107.1 109.4 110.6 110.6 114.3 115.6 116.5 117.4 124.1 125.2 128.9 128.9 134.8 0.1 3.7 1.6 1.6 2.1 1.1 0.0 3.3 1.1 0.8 0.8 5.7 0.9 3.0 0.0 4.6 Please see notes at end of tables. 37 Index 110.0 100.0 100.0 100.7 100.7 104.3 105.3 105.3 105.3 105.3 105.3 103.8 103.8 100.9 93.7 90.6 90.6 Percent change -9 .1 0.0 0.7 0.0 3.6 1.0 0.0 0.0 0.0 0.0 - 1 .4 0.0 - 2 .8 —7.1 - 3 .3 0.0 Index 112.1 100.0 97.9 96.7 98.4 102.3 107.5 104.8 110.2 113.2 115.8 126.4 131.5 138.5 144.8 135.7 128.9 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change -1 0 .8 -2 .1 - 1 .2 1.8 4.0 5.1 - 2 .5 5.2 2.7 2.3 9.2 4.0 5.3 4.5 - 6 .3 - 5 .0 110.1 100.0 96.4 95.5 94.0 95.3 95.2 95.2 92.1 91.1 90.4 88.4 83.6 80.6 72.7 70.3 67.2 - 9 .2 - 3 .6 - 0 .9 - 1 .6 1.4 -0 .1 0.0 - 3 .3 -1 .1 - 0 .8 - 2 .2 - 5 .4 - 3 .6 - 9 .8 - 3 .3 - 4 .4 112.2 100.0 94.4 91.7 91.9 93.5 97.2 94.8 96.4 97.9 99.4 107.7 106.0 110.6 112.3 105.3 95.6 -1 0 .9 - 5 .6 - 2 .9 0.2 1.7 4.0 - 2 .5 1.7 1.6 1.5 8.4 - 1 .6 4.3 1.5 - 6 .2 - 9 .2 Table 59. U.S.-Japan comparisons: Printing machines U.S. export price index in dollars Japan export price index in yen Japan export price index in dollars Month Index 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. Septem ber....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. Septem ber....................................................................... Decem ber........................................................................ M arch............................................................................... 100.0 100.0 105.0 106.1 113.1 113.1 115.1 119.7 124.1 126.9 131.1 131.8 138.3 139.1 141.0 148.0 153.6 Percent change 0.0 5.0 1.0 6.6 0.0 1.8 4.0 3.7 2.3 3.3 0.5 4.9 0.6 1.4 5.0 3.8 Index 93.0 100.0 100.5 100.5 106.8 124.1 124.1 125.9 126.0 126.0 126.0 126.0 126.0 126.2 126.2 126.2 126.2 Percent change 7.5 0.5 0.0 6.3 16.2 0.0 1.5 0.1 0.0 0.0 0.0 0.0 0.2 0.0 0.0 0.0 Index 94.8 100.0 98.3 96.5 104.3 121.7 126.8 125.3 131.9 135.5 138.6 153.4 159.5 173.1 195.0 189.0 179.5 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 5.5 - 1 .7 - 1 .8 8.1 16.7 4.2 - 1 .2 5.3 2.7 2.3 10.7 4.0 8.5 12.7 -3 .1 -5 .0 93.0 100.0 95.7 94.7 94.4 109.7 107.8 105.2 101.5 99.3 96.1 95.6 91.1 90.7 89.5 85.3 82.2 7.5 - 4 .3 - 1 .0 - 0 .3 16.2 - 1 .7 - 2 .4 - 3 .5 - 2 .2 - 3 .2 - 0 .5 - 4 .7 - 0 .4 - 1 .3 - 4 .7 - 3 .6 94.8 100.0 93.6 91.0 92.2 107.6 110.2 104.7 106.3 106.8 105.7 116.4 115.3 124.4 138.3 127.7 116.9 5.5 -6 .4 -2 .8 1.3 16.7 2.4 - 5 .0 1.5 0.5 -1 .0 10.1 -0 .9 7.9 11.2 -7 .7 - 8 .5 Please see notes at end of tables. Table 60. U.S.-Japan comparisons: Metal valves, of iron or steel U.S. export price index in dollars Japan export price index in yen Japan export price index in dollars Month Index 1970 1971 1972 1973 1974 1974 1974 1974 1975 1975 1975 1975 1976 1976 1976 1976 1977 1977 1977 1977 1978 1978 1978 1978 1979 June.................................................................................. June.................................................................................. June.................................................................................. June.................................................................................. M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... June.................................................................................. September....................................................................... Decem ber........................................................................ M arch............................................................................... 69.4 72.5 68.2 69.4 80.4 82.3 92.6 94.4 98.1 100.0 100.7 103.8 107.1 107.5 108.6 114.4 114.8 116.0 115.9 122.0 122.1 123.6 124.2 131.2 134.0 Percent change 4.5 - 5 .9 1.8 15.9 2.4 12.5 1.9 3.9 1.9 0.7 3.1 3.2 0.4 1.0 5.3 0.3 1.0 -0 .1 5.3 0.1 1.2 0.5 5.6 2.1 Please see notes at end of tables. 38 Index 51.1 51.1 49.5 49.5 74.8 84.3 101.2 105.5 105.3 100.0 89.6 89.6 89.6 89.6 89.6 89.6 87.5 86.8 87.4 87.4 87.3 88.2 82.4 85.5 86.6 Percent change 0.0 -3 .1 0.0 51.1 12.7 20.0 4.2 - 0 .2 - 5 .0 -1 0 .4 0.0 0.0 0.0 0.0 0.0 - 2 .3 - 0 .8 0.7 0.0 -0 .1 1.0 - 6 .6 3.8 1.3 Index 41.8 41.9 48.1 54.9 77.8 87.5 99.3 103.1 107.3 100.0 87.7 86.0 87.5 87.9 91.5 89.2 91.6 93.3 96.1 106.4 110.5 121.0 127.3 128.1 123.1 Ratio of export price indexes in national currencies Ratio of export price indexes in dollars Percent change Ratio x 100 Percent change Ratio x 100 Percent change 0.2 14.8 14.1 41.7 12.5 13.5 3.8 4.1 - 6 .8 -1 2 .3 - 1 .9 1.7 0.5 4.1 - 2 .5 2.7 1.9 3.0 10.7 3.9 9.5 5.2 0.6 - 3 .9 73.6 70.5 72.6 71.3 93.0 102.4 109.3 111.8 107.3 100.0 89.0 86.3 83.7 83.3 82.5 78.3 76.2 74.8 75.4 71.6 71.5 71.4 66.3 65.2 64.6 - 4 .2 3.0 - 1 .8 30.4 10.1 6.7 2.3 - 4 .0 - 6 .8 -1 1 .0 - 3 .0 - 3 .0 - 0 .5 - 1 .0 -5 .1 - 2 .7 - 1 .8 0.8 - 5 .0 -0 .1 -0 .1 -7 .1 - 1 .7 - 0 .9 60.2 57.8 70.5 79.1 96.8 106.3 107.2 109.2 109.4 100.0 87.1 82.9 81.7 81.8 84.3 78.0 79.8 80.4 82.9 87.2 90.5 97.9 102.5 97.6 91.9 - 4 .0 22.0 12.2 22.4 9.8 0.8 1.9 0.2 - 8 .6 -1 2 .9 - 4 .8 - 1 .4 0.1 3.1 - 7 .5 2.3 0.8 3.1 5.2 3.8 8.2 4.7 - 4 .8 - 5 .8 of U.S. export prices contained in this bulletin. The export price indexes of all three countries are Laspeyres’ indexes of specification prices. The weight base period is 1970 for the indexes in tables 1-34 (U.S. and Germany comparisons), and 1975 for the indexes in tables 35-60 (U.S. and Japan comparisons). The base periods reflect national practices. The Japanese export price indexes in tables 35, 37, 39,41,42, 45, 46,48, 50-52, 54-57, and 60 were linked with indexes on the 1970 base to obtain values for periods before March 1975. The 1970 base values were ratio-spliced using a formula suggested by the Bank of Japan: Linked index = (1970 base index) x (1975 base average monthly index in 1975)/( 1970 base average monthly index in 1975). Notes for tables 1-60 In all index ratios, the U.S. export price index is in the denominator (i.e., XPIf/XPIus). Where possible, the indexes and index ratios are adjusted to set the value for the reference period, June 1975, equal to 100. The series in tables 36 and 44 begin after June 1975 and use June 1976 as the reference period. The U.S. export price indexes that appear in these tables were calculated for the specific purpose of mak ing these intercountry comparisons. The Bureau of Labor Statistics also publishes official export price in dexes for the United States, in a separate quarterly press release, which reflect price trends for SITC prod uct categories. As a result, they differ from the indexes 39 Bibliography Asia Economic Research Institute. Standard Interna tional Trade Classification (Japanese and English). Tokyo: 1969. The Bank of Japan. Export and Import Price Indexes Monthly. Tokyo, monthly. ______Price Indexes Annual 1977. Tokyo: The Bank of Japan, 1978, pp. 331-32. ______ List o f Commodity Descriptions for 19 75-Based Price Indexes. Tokyo: The Bank of Japan, May 1978 (Japanese). Board of Governors of the Federal Reserve System. Federal Reserve Bulletin (monthly). ______ Statistical Release G.5: Foreign Exchange Rates (monthly). DeVries, Louis, and Herman, Theo M. English-Ger man Technical and Engineering Dictionary. New York: M cGraw-Hill, 1967. ______ German-English Technical and Engineering Dictionary. New York: McGraw-Hill, 1966. International Monetary Fund. Annual Report 1978. Washington: IMF, 1978. ______ International Financial Statistics (monthly). Japan Tariff Association. Japan Exports and Imports: Commodity by Country. Tokyo: monthly. Kasper, Marvin, and Pratt, Richard J. “Surveying In ternational Prices,” in 1978 Proceedings o f the Section on Survey Research Methods. American Statistical Association. Kravis, Irving B., and Lipsey, Robert E. Price Com petitiveness in World Trade. New York: Na tional Bureau of Economic Research, 1971. ______ “The Elasticity of Substitution as a Variable in World Trade,” in International Comparisons o f Prices and Output, Studies in Income and Wealth. D. J. Daley, editor. 37: 269—90. New York: National Bureau of Economic Research, 1972. ______ “International Trade Prices and Proxies,” in The Role o f the Computer in Economic and Social Research in Latin America. Nancy Ruggles, editor, pp. 253-68. New York: National Bureau of Economic Research, 1974. Learner, Edward E., and Stern, Robert M. Quantitative International Economics. Boston: Allyn and Bacon, 1970. Morgan Guaranty Trust Co. World Financial Markets (monthly). Organisation for Economic Cooperation and Develop ment. “The International Competitiveness of Selected OECD Countries.” OECD Economic Outlook: Occasional Studies (July 1978): 35-52. Rostin, W. Indices o f Foreign Trade Prices, Base 1970, Studies in Statistics No. 30. W iesbaden: Federal Statistical Office, 1974. Statistisches Bundesamt. Aussenhandel nach Waren und Laendern. Wiesbaden, monthly. ------------- Gegenueberstellung Standard International Trade Classification (SITC) m it Warenverzeichnis fuer die Industriestatistik (WI); Stand 1971. Wiesbaden, 1972. --------- Gegenueberstellung des Warenverzeichnis fuer die Industriestatistik (WI) mit dem Waren verzeichnis fuer die Aussenhandelsstatistik; Stand 1972. July 1974. --------- Preise und Preisindizes fuer die Ein- und Ausfuhr. Wiesbaden, monthly. ----------Warenverzeichnis fuer die Aussenhan delsstatistik, Ausgabe 1975. Wiesbaden, 1974. --------- Systematisches Warenverzeichnis fuer die In dustriestatistik, Ausgabe 1970. Wiesbaden, 1970. Stern, Robert M. “Comment” (on “The Elasticity of Substitution as a Variable in World Trade”), in International Comparisons o f Prices and Out put, Studies in Income and Wealth. D. J. Daley, editor, 37: 391—95. New York: National Bureau of Economic Research, 1972. Suomela, John W. “The Meaning and Measurement of International Price Competitiveness,” in 1978 Proceedings o f the Business and Economic Statistics Section. American Statistical Associa tion. --------- and Perez-Lopez, Jorge F. “ M easuring Changes in U.S. Price Competitiveness.” Paper presented at the Atlantic Economic Con ference, Washington, D.C., September 12, 1975. Theil, Henri. Theory and Measurement o f Consumer De mand, Vol. 1. Amsterdam: North-Holland, 1975. Ulmer, Melville J. The Theory and Measurement o f In ternational Price Competitiveness. Report to the Office of Statistical Standards, Bureau of the 40 Budget. Washington, D.C.: Executive Office of the President, May 1969. United Kingdom Treasury, “The International Com petitiveness of U.K. Manufactured Goods.” Economic Progress Report, No. 95 (Feb. 1978), pp .1 -3 , and reprinted in Trade and Industry (Feb. 17, 1978), pp. 340-41. United Nations. Classification o f Commodities by In dustrial Origin, Statistical Papers, Series M, No. 43, Revision 1. New York: United Na tions, 1971. ______ Commodity Indexes for the Standard Interna tional Trade Classification, Revised. Statistical Papers, Series M, No. 38, Vol. 1 and 2. New York: United Nations, 1963. ______ National Practices in Compiling Price and Quantity Index Numbers. New York: United Nations, 1975. ______ Standard International Trade Classification, Revised. Statistical Papers, Series M, No. 32. New York: United Nations, 1961. U.S. Congress. Joint Economic Committee. Notes from the Joint Economic Committee 4 (September 1978). U.S. Department of Commerce. Changes in U.S. Foreign Trade: The Post-1971 Experience in Perspective. Mimeographed. October 1974. ______ Bureau of the Census. Schedule B: Statistical Classification o f Domestic and Foreign Com modities Exported by the United States, January 1971 edition and annual updates. Washington: U.S. Government Printing Office, various years. U.S. Department of Labor, Bureau of Labor Statistics. Handbook o f Methods for Surveys and Studies, Bulletin 1910. Washington: U.S. Government Printing Office, 1976, pp. 130-34. ______ Bureau of Labor Statistics. “U.S. Import and Export Price Indexes, Second Quarter 1978.” News Release USDL 78-786 (August 8, 1978). 41 U.S. GOVERNMENT PRINTING OFFICE : 1980 0 - 31 4 - 5 9 3 Employment Projections for the Subjects include: The labor force—expected changes in size and composition as a result of the continuing impact of the post-World War II baby boom, the increased participation of women, and the drop in the birth rate during the 1960's. Gross national product and income—projected trends and, major underlying assumptions on fiscal policy, productivity, ( and other factors affecting aggregate demand.^ Industry output and employment—gross product originating^ in major sectors; employment in 149 industries. Distribution of demand —changing patterns in the [ major sectors of consumption, business investment, government expenditures, and foreign I Order Form Mail to BLS Regional Office nearest you (see listing elsewhere), or the Superintendent of Documents, U.S. Government Printing Office, Washington, D.C. 20402. Four articles from the Monthly Labor Review and additional tables project the United States economy to 19 9 0 growth, employment, output, income, and demand over the next decade. Please send_____ copies of Employment Projections for the 1980’s, BLS Bulletin 2030 (Stock No. 029-001 -02312-0) at $4 a copy (25 percent discount for orders of 100 copies or more sent to one address) □ $ _____Remittance enclosed. 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